TV Community AlgoTV Community Algo is a free TradingView script that I designed from the ground to benefit the traders of this community. It has plenty of features that you will enjoy, and I have included documentation for how to use this below!
Settings:
Basic:
Turn the Void Lines on or off
Turn the Dashboard on or off
Turn the Signal Bars on or off
Turn the Support & Resistance Lines on or off
Turn the EMA 8 and EMA 200 on or off
Turn the Buy & Sell Signals on or off
Turn the Fibonacci Retracement Tool on or off
Style:
Change the Dashboard's distance from the price action
Change the Dashboard's Color and Transparency
Change the Dashboard Text Color
Change the Fibonacci Deviation
Make the Fibonacci Retracement Tool reverse
Make the Fibonacci Lines extend left, right, both directions, or none
Turn Fibonacci Prices on or off
Turn Fibonacci Levels on or off and change between percent or value
Change Fibonacci Label Position from the left or the right
Usage:
This algo has many uses including but not limited to:
Finding entries and exits using the EMA 8 and EMA 200 crossovers
Using the Void Lines to identify bounces or reversals
Using the Signal Bars to identify trend and confirmation for entries and exits
Using the Dashboard information for confirmation and informational purposes
In the images below, I give a few examples of the many uses of the TV Community Algo!
VOID LINES
The Void Lines are very helpful when it comes to identifying reversals.
TV COMMUNITY ALGO DASHBOARD
The Dashboard is filled with useful information that all traders can benefit from!
SIGNAL BARS
The colored candles known as Signal Bars inform you of when the price action is above or below the midpoint of the Void Lines.
AUTO SUPPORT & RESISTANCE LINES
These lines help traders find accurate levels of support & resistance on all time frames, and the lines change color depending on if the price is above or below them.
EMA 8 AND 200
The EMA 8 and EMA 200 crossovers can be used as entry and exit signals.
BUY & SELL SIGNALS
The BUY & SELL signals can be used to find optimal entries and exits for trades on any time frame. Smaller time frames are best for scalping, while larger time frames are more suited for longer trades. When combined with the EMA lines and Dashboard information, these signals can produce incredibly profitable trades.
AUTO FIBONACCI RETRACEMENT TOOL
The Auto Fibonacci Retracement Tool allows you to plot perfect Fib Lines every time.
Conclusion:
I truly hope that the TV Community Algo benefits the TradingView community and that you all find some value in it. I worked very hard on this product and I would love to see it put to good use.
with love,
-Lemon 🍋
This work is licensed under a Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) creativecommons.org
"signal" için komut dosyalarını ara
Precise_SignalThis signal combines a portion of Chris Moody's 2014 SlingShot and my 2017 MTF Indicators. Both of our prior scripts over indicated Buy and Sell Points. This signal indicates a buy or sell point much less than our prior scripts did but with absolute precision.
I would say it is 100% accurate, but that is because I am yet to find a timeframe and symbol where the Buy signal failed to see the equity move up or the Sell signal failed to see the equity move down over the next 5 bars. I have tested 2000 charts so far. To be safe, I would rather state this indicator is accurate nearly 100% of the time.
The indicator is made up of 2 main portions and both of them have to agree on a buy or sell in order to indicate such with a vertical green or maroon bar beneath the chart. If there is a failure to agree, nothing is signaled.
Indicator 1 combines a stochastic of a 3 hour chart and a daily chart to determine when the stochastics are in agreement on direction. When there is agreement, both of them MUST cross from a buy state to a sell state and vice versa at exactly the same time. This is difficult to achieve and it is already rare for this occurrence to produce a signal. When a signal is produce it is combine with Chris Moody's 2014 SlingShot Indicator which conservatively determines Buy and Sell signals based on EMAs and market direction. Signals from his SlingShot are infrequent.
BUY Signal
When my MTF signals Buy at the same time that the SlingShot signals a Buy, a vertical green bar will appear in the window containing this script. The vertical bar is based on the close price of the equity and is only final when the close price is final. A BUY signal means the equity will move up potentially as early as the next bar and achieve a higher value from the close price on the signal bar.
SELL Signal
Likewise, a sell signal from the MTF at the same time as a sell signal from the SlingShot will create a maroon bar in the window containing this script. The vertical bar is based on the close price of the equity and is only final when the close price is final. A SELL signal means the equity will move down potentially as early as the next bar and achieve a lower value from the close price on the signal bar.
The default values for this script are hard-coded into this script. You can edit any of the value you would like to play with other timeframes, stochastic, and moving average lengths.
I have played with these values and have hard-coded the ones that are most accurate. Please let me know if you find others that work.
Hopefully this becomes an extra tool in your technical trading toolkit.
Trend Intensity Index With SignalLineHi guys,
This is my first public script on TV. I was just messing about with some simple ideas and I noticed that the difference between a signalLine and the TrendIntensity line was (potentially and theoretically) a good way of spotting a ranging market.
I was initially just going to release Evergets version of this with a histogram and a signal-line, but I decided I'd much rather put in the work and code it from scratch so I could practice my coding.
I am still relatively new to Pinescript, but I have compared this to Evergets version, and on the same settings it is 1 to 1.
How to use:
When TrendIntensity(aqua) is above SignalMa (maroon), it implies a bullish sentiment.
When SignalMa is above TrendIntensity, it implies a bearish sentiment.
The histogram is simply the absolute difference between the two. Green = bullish, Red = bearish, flat = potentially ranging.
Enjoy guys.
I would like to thank Everget for his Jurik moving average.
Feedback welcome, but be kind... this is free and open for you all to use as you please.
[fareid] Quick Backtest Framework█ OVERVIEW
This Framework allows Pine Coders to quickly code Study() based signal/strategy and validate its viability before proceed to code with more advance/complex customized rules for entry, exit, trailstop, risk management etc..
This is somewhat an upgraded version of my earlier personal template with different strategy used, cleaner code
and additional features.
█ USE CASES
- You have an idea for trade signal and need a quick way to verify its potential before writing lengthy/complicated code
- You found a study script for trading signal in public library and want to validate it profitability with minimum effort before including it in your trading playbook
█ FEATURES
- Alert: Ready to use alert function based on signals from your custom indicator.
- Visual Backtest: Auto-plot entry, stop-loss and take profit for simple strategy performance analysis
- Backtest Statistic: Provide basic key metrics based on backtest strategy
- BTE External Signal Protocol: Ready to use code that will supply required state to PineCoders Backtesting & Trading Engine if you wish to have more advance and sophisticated backtesting engine
Notes: All of the above features have On/Off toggle
█ Description & How To Use
This Framework consist of 5 Modules but you only need to edit the first 2 Modules:
Module1: Indicator
Module2: Framework Input Protocol
Module3: Alert
Module4: Backtest
Module5: Backtest & Trading Engine
Tips: The source-code includes collapsible block by module for easy navigating
Module1: Indicator:
-----------------------------------------------------------------------------------
Main Module. Place custom indicator input parameter/calculation/indicator plotting here
Sample Strategy: Double MACD Crossover
MACD Signal: 1st MACD Cross above signal line indicate Buy Signal
1st MACD Cross below signal line indicate Sell Signal
MACD Filter: 2nd MACD is above 0 line indicate Uptrend
2nd MACD is below 0 line indicate Downtrend
Module2: Framework Input Protocol:
-----------------------------------------------------------------------------------
Use this module to connect main indicator/signal calculated in Module1 to the rest of the framework's module
4 variables needed to be defined here:
1. Uptrend
2. Dntrend
3. BuySignal
4. SellSignal
i'm not sure how to place a code snippet here to show you example so in the source code i already put a comment in Module2 on which part u need to edit. I hope its pretty simple to use.
Module3: Alert Module Description:
-----------------------------------------------------------------------------------
As long as the variables in Module2 properly defined, the alert module is ready to use without any further modification.
Input:
Enable Alert --> Enable TV's alert and plot signal to chart
Alert Type --> Set to take Buy only, Sell only or Both alert
Module4: Backtest Module Description:
-----------------------------------------------------------------------------------
As long as the variables in Module2 properly defined, the backtest module is ready to use without any further modification.
Input:
Backtest Stat --> Enable Backtest Statistic Label
Backtest Visual --> Enable Backtest visual simulation
Backtest Type --> Set to take Buy only or Sell only or both
SL Type -->
ATR : Set SL in ATR times Multiplier below entry price
Fixed : Set SL in fixed point below entry point (in 'Dollar'). e.g. for Stocks -> 0.5 equals to 50cent while for EURUSD currency -> 0.005 equal to 50 pips
HiLo Bar: Set SL at highest/lowest wick of previous bar plus/minus Fixed point. e.g. EURUSD HiLo=3 and Fixed Point = 0.0005, buy trade will place SL 5 Pips below lowest of previous 3 bar
SL ATR Multi --> Set Lookback Period used for SL's ATR calculation
SL ATR Multi --> Set ATR Multiplier for SL
SL Fixed --> Set Fixed Level for SL
SL Bar --> Set Number of previous bar to check for SL placement
TP RR Ratio --> Set TP based on RR multiplier. e.g. 2 means TP level will be twice further from entry point compared to Entry-SL distance.
Notes: The point is for preliminary testing, so it only supports 1 trade at a time and no Trailing Stop
Module5: Backtest & Trading Engine Description:
-----------------------------------------------------------------------------------
As long as the variables in Module2 properly defined, the Pinecoders BTE module is ready to use without any further modification.
Input:
External Signal Protocol --> Set ESP State to send to "Backtesting & Trading Engine "
Signal With Filter --> Use this to send entry signal that already filtered by this study indicator (without stoploss level)
Signal Without Filter --> Use this to send raw entry signal that are NOT YET FILTERED by this study indicator (without stoploss level)
Signal and Stop With Filter --> Use this to send entry signal WITH StopLoss that already filtered by this study indicator (with stoploss level)
Signal and Stop Without Filter --> Use this to send raw entry signal WITH StopLoss that are NOT YET FILTERED by this study indicator (with stoploss level)
Notes: Backtesting & Trading Engine already have built-in Filter, Entries and Stop Level. e.g. Unselect all their filter state if only want to use custom filter and make sure send Signal with Filter (with or without SL level)
█ DISCLAIMER:
This framework main objective is to create my personal indicator template so that i just have to modify the indicator module for preliminary testing in future.
The sample strategy included are for educational purpose only. Use at your own risk
credit: LucF/PineCoders for a lot of his scripts that i use as a guide to complete this
Excellent ADXThe Average Directional movement indeX (ADX) is an indicator that helps you determine the trend direction, pivot points, and much more else! But it looks not so easy as other famous indicators. It seems strange or even terrible, but don't be afraid. Let's understand how it works and get its power into your analysis tactics.
In the beginning, imagine a drunk man goes through a ladder: step by step. Up, up, down, up, down, down, up...
How can we understand which direction he goes? Exactly! We can count the number of steps in each direction. In the above example, in the upward – 4, in the downward – 3. So, it looks like he goes in an upward direction.
The ADX indicator counts the same steps, but for price. The size of each step equals 1 ATR for "DI Length" candles. On the indicator chart, we have the green and red lines. The green line represents a number of steps upward. The red line shows one downward. When the red line upper green, then the price goes below, then the trend is directed down. Later the green line comes above the red one, and then the trend changes the direction to upward. Wow? After that, you can easy detect the trend direction on the market!
But it is still not the end. On the chart, we also have the fat blue line. This is the ADX line, and it represents the power of the trend. It is calculated from a distance between the green and red curves. The ADX line value grows if the distance is increased. If the movement is really powerful, then a number of steps into a direction much more prominent than one in an opposed direction. Then the blue line grows faster. But if the growth has stopped and the blue line turns back or already had changed self-direction, then it is a signal that the trend has ended too. It's an excellent sign to close the position (but not always). Easy? Not quite. Thresholds help you there. The indicator has two additional parameters: upper and lower thresholds to evaluate the trend-over signal strength. An u-turn of the ADX line above the upper threshold sends a strong signal. If one occurs between both thresholds, it is a bit weak signal. But if the blue line goes below the lower threshold, it looks like there is no trend, and the price goes side. We can also say that the price goes side when the ADX value gradually falls down.
The Excellent ADX indicator helps you catch pivot/pullback signals based on green, red, and blue lines. Each such signal is highlighted as a green (buy) or red (sell) dot on the plot. The size of the dot represents the strength of the signal. You can also check the position of green and red lines from each other to determine the trend direction and the place where it has been changed. The Excellent ADX indicator helps you there too. It highlights the trend direction by the background-color, so you'll never miss it! The Excellent ADX good compliance with the Price Channel indicator built for the same length. You can use them together to be on a trend wave always!
TST Signals & AlertsThis is an unofficial script for strategies tested on Trading Strategy Testing Youtube channel. Over time, most successful strategies will be added with an option to set strategy-specific alerts . TST Signals & Alerts will draw signals on the chart when the entry conditions are met. You can also opt for displaying indicators .
My script is meant for beginners but can be used by veterans too. Just pick one or two strategies, you don't want to flood your chart with conflicting signals. You may want to support your trades with a proper analysis. Is the market trending? Is there a fundament around the corner?
If a new signal occurs when there is still an open position, you are not supposed to take another.
The current version includes MACD and ADX + BB and BB strategies.
MACD strategy:
►Buy, when MACD crosses below the signal line when it is negative. The price must also be above 200 EMA.
►Sell, when MACD crosses above the signal line when it is positive. The price must also be below 200 EMA.
►This strategy was tested on 15-minute charts of EURUSD with reward-to-risk ratio 1,5 and win rate of 61% over 100 trades.
►►►MACD has to be added to your chart separately because it needs a new window. Ticking display indicators will not add MACD to your chart.
►►►MACD was also tested by a different channel I made a script for. You can view the results and the script here:
ADX + BB strategy:
►Buy, when the price is above 200 EMA and ADX becomes higher than 25.
►Sell, when the price is below 200 EMA and ADX becomes higher than 25.
►Stop-loss is either 200 EMA or Bollinger Bands level. Check the channel for more information.
►This strategy was tested on 5-minute charts of EURUSD, USDJPY, AUDUSD with reward-to-risk ratio 1,2 and win rate of 56% over 100 trades in total.
BB strategy:
►Buy, when the price is above 200 EMA and candle's low is below the lower Bollinger Band.
►Sell, when the price is below 200 EMA and candle's high is above the upper Bollinger Band.
►This strategy was tested on 15-minute charts of EURUSD with reward-to-risk ratio 1,5 and win rate of 52% over 100 trades in total.
►►►Due to the relatively low win rate of this strategy, you need to filter out potentially harmful signals with a proper analysis.
Bear in mind that backtesting performance doesn't guarantee future profitability. • Most systematic strategies are not suitable for each timeframe - if you use the different timeframe than the one it was tested on, the result can differ significantly. • You should perform your own backtest to base your trades on more data & to establish confidence in the selected strategy. • This script is not a replacement for proper analysis.
New strategies will be added when I have time. If I see multiple people asking for the same feature, I might agree to release it with a new version. I am not going to add input options in this script, it could come as a separate script though. I am in no way affiliated with the Youtube channel, so if you find the script helpful, shot me a message or send me some TradingView coins >)
If you encounter any bug, you can report it in a message or in comments. Support it with screenshot and relevant information such as a time when it occurred and what options were on etc.
Trading Rush Signals & AlertsThis is an unofficial script for strategies tested on TRADING RUSH Youtube channel. Over time, most successful strategies will be added with an option to set strategy-specific alerts . Trading Rush Signals & Alerts will draw signals on the chart when the entry conditions are met. You can also opt for displaying indicators .
My script is meant for beginners but can be used by veterans too. Just pick only one or two strategies, you don't want to flood your chart with conflicting signals. You may want to support your trades with a proper analysis. If a new signal occurs when there is still an open position, you are not supposed to take another.
The current version includes MACD and Donchian Channels.
MACD strategy:
►Buy, when MACD crosses below the signal line when it is negative. The price must also be above 200 EMA.
►Sell, when MACD crosses above the signal line when it is positive. The price must also be below 200 EMA.
►This strategy was tested on 30-minute charts of EURUSD and EURJPY with reward-to-risk ratio 1,5 and win rate of 62% over 100 trades .
►►►MACD has to be added to your chart separately because it needs a new window. Indicators displaying will not add this indicator to the chart.
Donchian Channels strategy:
►Buy, when the price breaches Donchian to the upside after making a new low. The price must also be above 200 EMA.
►Sell, when the price breaches Donchian to the downside after making a new high. The price must also be below 200 EMA.
►Stop-loss is Donchian bottom for long and Donchian top for shorts. Check the channel for more information.
►This strategy was tested on 30-minute charts of EURUSD with reward-to-risk ratio 1,5 and win rate of 58% over 100 trades .
►►►I programmed alerts for Donchians to come ahead of an actual breach. If you often leave the screen when trading, this will help you. The necessary downside for that is the alerts might come when the signal doesn't trigger in the end. You will see a mark on the chart if the conditions are truly met.
Bear in mind that backtesting performance doesn't guarantee future profitability. • Most systematic strategies are not suitable for any timeframe. • You should perform your own backtest to base your trades on more data & to establish confidence in the selected strategy.
New strategies will be added when I have time. If I see multiple people asking for the same new feature, I might agree to release it with a new version. I am not going to add input options in this script, it could come as a separate script though. I am in no way affiliated with the Youtubechannel , so if you find the script helpful, shot me a message or send me some TradingView coins >)
If you encounter any bug, you can report it in a message or in comments. Support it with screenshot and relevant information such as a time when it occurred and what options were on etc.
Ichimoku Kinko Hyo + FractalsIn contrast to my Ichimoku ++ Study this is a pure Ichimoku Konko Hyo Study with Bill Williams Fractals (I couldn't leave out the fractals as these levels are too important for Ichimoku trading).
In this study you can find many visualisation options for the Ichimoku Indicator and the signals the Ichimoku Tradingsystem can provide.
Tenkan-sen and Kijun-sen are provided optionally as mtf levels.
An mtf price cloud relationship is shown in the upper right.
The included signals are:
B1/S1 is a strong filtered signal. The condition for long entry is:
price > Kumo AND Chikou > price AND Chikou > Kumo AND Tenkan > Kijun AND Komo is green
B2/S2 is a less filtered signal. The condition for long entry is:
price > Kumo AND Chikou > price AND Tenkan > Kijun
IB/IS is a confluence signal. The condition for a long/short entry is: more than 50% of the 8 defined conditions must trigger a long signal. Below 50% long, it is a short signal because more than 50% of the entry conditions have triggered a short signal.
Ichimoku ++ public v0.9Description:
The intention of this script is to build/provide a kind of work station / work bench for analysing markets and especially Bitcoin . Another goal is to get maximum market information while maintaining a good chart overview. A chart overloaded with indicators is useless because it obscures the view of the chart as the most important indicator. The chart should be clear and market structure should be easy to see. In addition, some indicator signals can be activated to better assess the quality of signals from the past. The chart environment or the chart context is important for the quality of a signal.
The intention of this script is not to teach someone how to trade or how to use these Indicators but to provide a tool to analyse markets better and to help to draw conclusions of market behaviour in a higher quality.
A general advise:
Use the included indicators and signals in a confluent way to get stoploss, buy and sell entry points. SR clusters can be identified for use in conjunction with fractals as entry and exit pints. My other scripts can also help. Prefer 4 hours, daily and a longer time frame. There is no "Holy Grail" :).
If someone is new to trading you should learn about the indicators first. Definitely learn about Ichimoku Cloud Indicator.
Integrated indicators are:
Ichimoku Cloud and signals
Parabolic SAR and signal
ATR stop
Bollinger Bands
EMA / SMA and background color as signal
Williams Fractals and signal
Puell Multiple signal
Dekidaka-Ashi - Candles And Volume Teaming Up (Again)The introduction of candlestick methods for market price data visualization might be one of the most important events in the history of technical analysis, as it totally changed the way to see a trading chart. Candlestick charts are extremely efficient, as they allow the trader to visualize the opening, high, low and closing price (OHLC) each at the same time, something impossible with a traditional line chart. Candlesticks are also cleaner than bars charts and make a more efficient use of space. Japanese peoples are always better than everyone at an incredible amount of stuff, look at what they made, the candlesticks/renko/kagi/heikin-ashi charts, the Ichimoku, manga, ecchi...
However classical candlesticks only include historical market price data, and won't include other type of data such as volume, which is considered by many investors a key information toward effective financial forecasting as volume is an indicator of trading activity. In order to tackle to this problem solutions where proposed, the most common one being to adapt the width of the candle based on the amount of volume, this method is the most commonly accepted one when it comes to visualizing both volume and OHLC data using candlesticks.
Now why proposing an additional tool for volume data visualization ? Because the classical width approach don't provide usable data regarding volume (as the width is directly related to the volume data). Therefore a new trading tool based on candlesticks that allow the trader to gain access to information about the volume is proposed. The approach is based on rescaling the volume directly to the price without the direct use of user settings. We will also see that this tool allow to create support and resistances as well as providing signals based on a breakout methodology.
Dekidaka-Ashi - Kakatte Koi Yo!
"Dekidaka" (出来高) mean "Volume" in a financial context, while "Ashi" (足) mean "leg" or "bar". In general methods based on candlesticks will have "Ashi" in their name.
Now that the name of the indicator has been explained lets see how it works, the indicator should be overlayed directly to a candlestick chart. The proposed method don't alter the shape of the candlesticks and allow to visualize any information given by the candles. As you can see on the figure below the candle body of the proposed tool only return the border of the candle, this allow to show the high/low wick of the candle.
The body size of the candle is based on two things : the absolute close/open difference, and the volume, if the absolute close/open difference is high and the volume is high then the body of the candle will be clearly visible, if the volume is high but the absolute close/open difference is low, then the body will be less visible. This approach is used because of the rescaling method used, the volume is divided by the sum between the current volume value and the precedent volume value, this rescale the volume in a (0,1) range, this result is multiplied by the absolute close/open difference and added/subtracted to the high/low price. The original approach was based on normalization using the rolling maximum, but this approach would have led to repainting.
You have access to certain settings that can help you obtain a better visualization, the first one being the body size setting, with higher values increasing the body amplitude.
In green body with size 2, in red with size 1. The smooth parameter will smooth the volume data before being used, this allow to create more visible bodies.
Here smooth = 100.
Making Bands From The Dekidaka-Ashi
This tool is made so it output two rescaled volume values, with the highest value being denoted as "Dekidaka-high" and the lowest one as "Dekidaka-low". In order to get bands we must use two moving averages, one using the Dekidaka-high as input and the other one using Dekidaka-low, the body size parameter should be fairly high, therefore i will hide the tool as it could cause trouble visualizing the bands.
Bands with both MA's of period 20 and the body size equal to 20. Larger periods of the MA's will require a larger amount of body size.
Breakout Signals
There is a wide variety of signals that can be made from candles, ones i personally like comes from the HA candles. The proposed tool is no exception and can produce a wide variety of signals. The signals generated are basic ones based on a breakout methodology, here is each signal with their associated label :
Strong Bullish signal "⇈" : The high price cross the Dekidaka-high and the closing price is greater than the opening price
Strong Bearish signal "⇊" : The low price cross the Dekidaka-low and the closing price is lower than the opening price
Weak Bullish signal "↑" : The high price cross the Dekidaka-high and the closing price is lower than the opening price
Weak Bearish signal "↓" : The low price cross the Dekidaka-low and the closing price is greater than the opening price
Uncertain "↕" : The high price cross the Dekidaka-high and the low price cross the the Dekidaka-low
In order to see the signals on the chart check the "Show signals" option. Note that such signals are not based on an advanced study, and even if they are based on a breakout methodology we can see that volatile movement rarely produce signals, therefore signals mostly occur during low volume/volatility periods, which isn't necessarily a great thing.
Conclusion
A trading tool based on candlesticks that aim to include volume information has been presented and a brief methodology has been introduced. A study of the signals generated is required, however i'am not confident at all on their accuracy, i could work on that in the future. We have also seen how to make bands from the tool.
Candlesticks remain a beautiful charting technique that can provide an enormous amount of information to the trader, and even if the accuracy of patterns based on candlesticks is subject to debates, we can all agree that candlesticks will remain the most widely used type of financial chart.
On a side note i mostly use a dark color for a bullish candle, and a light gray for a bearish candle, with the border color being of the same color as the bullish candle. This is in my opinion the best setup for a candlestick chart, as candles using the traditional green/red can kill the eyes and because this setup allow to apply a wide variety of colors to the plot of overlayed indicators without the fear of causing conflict with the candles color.
Thanks for reading ! :3 Nya
A Word
This morning i received some hateful messages on twitter, the users behind them certainly coming from tradingview, so lets be clear, i know i'am not the most liked person in this community, i know that perfectly, but no one merit to be receive hateful messages. I'am not responsible for the losses of peoples using my indicators, nor is tradingview, using technical indicators does not guarantee long term returns, your ability to be profitable will mostly be based on the quality and quantity of knowledge you have.
Red and Green Ignored Bar by Oliver VelezOn this occasion I present a script that detects Ignored Red Candles and Ignored Green Candles, basically it is a Price Action event that indicates a possible continuation of the current trend and gives the opportunity to climb it with a Very tight risk, before delving into detail I would like to leave this note:
Note: the detection of this event does not guarantee that the signal will be good, the trader must have the ability to determine its quality based on aspects such as trend, maturity, support / resistance levels, expansion / contraction of the market, risk / benefit, etc, if you do not have knowledge about this you should not use this indicator since using it without a robust trading plan and experience could cause you to partially or totally lose your money, if this is your case you should train before If you try to extract money from the market, this script was created to be another tool in your trading plan in order to configure the rules at your discretion, execute them consistently and have AUTOMATIC ALERTS when the event occurs, which is where I find more value because you can have many instruments waiting for the event to be generated, in the time frame you want and without having to observe the mer When the alert is generated, the Trader should evaluate the quality of the alert and define whether or not to execute it (higher timeframes, they can give you more time to execute the operation correctly).
Let's continue….
This event was created by Oliver Velez recognized trader / mentor of price action, the event has a very interesting particularity since it allows to take a position with a very limited risk in trend movements, this achieves favorable operations of good ratio and small losses when taking An adjusted risk, if the trade works, a good ratio is quickly achieved and we agree with a key point in the “Keep small losses and big profits” trading, this makes it easier to have a positive mathematical hope when your level of Success is not very high, so leave you in the field of profitability.
THE EVENT:
The event has a bullish configuration (Ignored Red Candle) and a bearish configuration (Ignored Green Candle), below I detail the “Hard” rules (later I explain why “Hard”):
1- Last 3 bars have to be GREEN-RED-GREEN (possible bullish configuration) or RED-GREEN-RED (possible bearish configuration), the first bar is called Control Bar, the second is called Ignored Bar and the third Signal Bar as shown in the following image:
2- Be in a trend determined by simple moving averages (Slow of 20 periods and Fast of 8 periods), as a general rule you can take the direction of MA20 but the Trader has to determine if there is a trend movement or not.
3- Control bar of good range, little tail and with a body greater than 55%.
4- Ignored bar preferably narrow range, little tail and that is located in the upper 1/3 of the control bar.
5- Signal bar cannot override the minimum of the ignored bar.
6- Activation / Confirmation of event by means of signal bar in overcoming the body of the ignored bar.
Some examples of ignored bars (with “Hard” and “Flexible” rules):
Features and configuration of the indicator:
To access the indicator settings, press the wheel next to the indicator name VVI_VRI "Configuration options".
- Operation mode (Filtering Type):
• Filtering Complete: all filters activated according to the configuration below.
• Without Filtering: all filters deactivated, all VRI / VVI are displayed without any selection criteria.
• Trend Filter only: shows only VRI / VVI that are in accordance with what is set in “Trend Settings”
- Configuration Moving Averages:
• See Slow Media: slow moving average display with direction detection and color change.
• See Fast Media: display of fast moving average with direction detection and color change.
• Type: possibility to choose the type of media: DEMA, EMA, HullMA, SMA, SSMA, SSMA, TEMA, TMA, VWMA, WMA, ZEMA)
• Period: number of previous bars.
• Source: possibility to choose the type of source, open, close, high, low, hl2 hlc3, ohlc4.
• Reaction: this configuration affects the color change before a change of direction, 1 being an immediate reaction and higher values, a more delayed reaction obtaining les false "changes of direction", a value of 3 filters the direction quite well.
- Trend Configuration
• Uptrend Condition P / VRI: possibility to select any of these conditions:
o Bullish MA direction
o Quick bullish MA direction
o Slow and fast bullish MA direction
o Price higher than slow MA
o Price higher than fast MA
o Price higher than slow and fast MA
o Price higher than slow MA and bullish direction
o Price higher than fast MA and bullish direction
o Price higher than slow, fast MA and bullish direction
o No condition
• Condition P / VVI bear trend: possibility of selecting any of these conditions:
o Slow bearish MA direction
o Fast bearish MA direction
o Slow and fast bearish MA direction
o Price less than slow MA
o Price less than fast MA
o Price less than slow and fast MA
o Price lower than slow MA and bearish direction
o Price less than fast MA and bearish direction
o Price less than slow, fast MA and bearish direction
o No condition
- Control bar configuration
• Minimum body percentage%: possibility to select what body percentage the bar must have.
• Paint control bar: when selected, paint the control bar.
• See control bar label: when selected, a label with the legend BC is plotted.
- Configuration bar ignored
• Above X% of the control bar: possibility to select above what percentage of the control bar the ignored bar must be located.
• Paint ignored bar: when selected, paint the ignored bar.
- Signal bar configuration
• You cannot override the minimum of the ignored bar: when selected, the condition is added that the signal bar cannot override the minimum of the ignored bar.
• Paint signal bar: when selected, paint the signal bar.
• See arrow: when selected it shows the direction arrow of the possible movement.
• See bear and arrow: when selected it shows bear and arrow label
• See bull and arrow: when selected it shows bull and arrow label
The following image shows the ignored bar and painted signal:
- Take profit / loss
The profit / loss taking varies depending on the trader and its risk / monetary plan, the proposal is a recommendation based on the nature of the event that is to have a small risk unit (stop below the minimum of the ignored bar), look for objectives in ratios greater than 2: 1 and eliminate the risk in 1: 1 by taking the stop to BE, all parameters are configurable and are the following:
• See recommended stop loss and take profit: trace the levels of Stop, BE, TP1 and TP2, as well as their prices to know them quickly based on the assumed risk
• To: select which event you want to draw the SL and TP (VRI, VVI)
• Extend stop loss line x bars: allows extending the stop line by x number of bars
• Extend take profit line x bars: allows extending the stop line by x number of bars
• Ratio to move to break even: allows you to select the minimum ratio to move stop to break even (default 1: 1)
• Take profit 1 ratio: allows you to select the ratio for take profit 1 (default 2: 1)
• Take profit 2 ratio: allows you to select the ratio for take profit 2 (default 4: 1)
- Alerts
• It is possible to configure the following alerts:
-VRI DETECTED
-VVI DETECTED
-VRI / VVI DETECTED
Final Notes:
- The term hard rules refers to the fact that an event is sought with the rules detailed above to obtain a high quality event but this brings 2 situations to consider, less
number of events and events that are generated in a strong impulse may be leaked, a very large control bar followed by an ignored narrow body away from moving averages, despite having a good chance of continuing, taking a stop very tight in a strong impulse you can touch it by the simple fact of the own volatility at that time.
- The setting of the parameters “Minimum body percentage% (control bar)”, “Above x% of the control bar (bar ignored)” and “Cannot override the minimum of the ignored bar” can bring large Benefits in terms of number of events and that can also be of high quality, feel free to find the best configuration for your instrument to operate.
- It is recommended to look for trending events, near moving averages and at an early stage of it.
- The display of several nearby VRIs or VVIs in an advanced trend may indicate a depletion of it.
- The alerts can be worked in 2 ways: at the closing of the candle (confirms event but the risk unit may be larger or smaller) or immediately the body of the ignored bar is exceeded, in case you are operating from the mobile and miss many events because of the short time I recommend that you operate in a superior time frame to have more time.
- The indicator is configured with “flexible” rules to have more events, but without any important criteria, each trader has to look for the best configuration that suits his instrument.
- It is recommended to partially close the operation based on the ratio and always keep a part of the position to apply manual trailing stop and try to maximize profits.
The code is open feel free to use and modify it, a mention in credits is appreciated.
If you liked this SCRIPT THUMB UP!
Greetings to all, I wish you much green!
TradingView's Technical AnalysisAll indicators used on the Technical Analysis Summary from TradingView, composed with oscillators and moving averages. Sell and strong sell will represent more indicators showing sell signals. Buy and strong buy will represent more indicators showing buy signals. A white bar will show neutral signal (don't trade). This can be good for binary options or scalping on small time frames, but also very good on higher times for forex. The signal will appear on the candle before, so wait for the new candle to appear to see what direction the signal will indicate.
Multi-TF Avg BBandsMULTI-TF AVERAGE BBANDS - with signals (BETA)
Overall, it shows where the price has support and resistance, when it's breaking through, and when its relatively low/high based on the magic of standard deviation.
created by gamazama. send me a shout if u find this useful, or if you create something cool with it.
%BB: The price's position in the boilinger band is converted to a range from 0-1. The midpoint is at 0.5
Description of parameters
"BB:Window Length" is the standard BB size of 20 candles.
The indicator plots up to 7 different %BB's on different timescales
They are calculated independently of the timescale you are viewing eg 12h, 3d, 30m will be the same output
You can enter 7 timescales, eg. if you want to plot a range of bbands of the 12h up to 3d graphs, enter values between 0.5 and 3 (days) - you can also select 0 to disable and use less timescales, or select hours or minutes
Take note if you eg. double the main multiplier to 40, it is the same as doubling all your timescales
You can turn the transparency of the 7 x %BB's to 100 to hide them, their average is plotted as a thick cyan line
"Variance" is a measure of how much the 7 BB's agree, and changes colour based on the thresholds used for the strategy
---- TO START FROM SCRATCH ----
- set all except one to ZERO (0), set to 0, and everything after to 0.
Turn ON and right click -> move the indicator to a new pane - this will show you the internal workings of the indicator.
Then there is a few standard settings
"Source Smoothing Amount" applies a basic small sma on the price.
It should be turned down when viewing candles with less information, like 1D or more.
Standard BBands use an SMA, there one uses a blend between VWMA or SMA
Volume Weight settings, the same as SMA at 0, and the same as VWMA at 1
BB^2 is a bband drawn around the average %BB. Adjust the to change its window length
The BB^2 changes color when price moves up or down
Now its time to look at the parameters which affect the buy/sell signals
turn on "show signal range" - you see some red lines
buy and sell each have 4 settings
min/max variance will affect the brigtness of the signal range
range adjust will move the range up/down
mix BB^2 blends between a straight line (0) and BB^2's top or bottom (1)
a threshold of "variance" and "h/l points" is available to generate weaker signals.
these thresholds can be increased to show more weak signals
ONCE YOU ARE HAPPY WITH THE SIGNALS being generated, you can turn OFF , and move it back to the price pane
the indicator then draws a bband around the price to maps some info into the chart:
fills a colour between 0.5 & the mid BB^2 and converts relative to the price chart
draws a line in the middle of the midband.
controls how much these lines diverge from the price - adjust it to reduce noise
converts the signal range (red lines) to be relative to the price chart
if you like, you can adjust the sell & buy signals in the tab from and to and to match the picture. It messes with auto-scaling when moving back to though
enjoy, I hope that is easy enough to understand, still trying to make this more user-friendly.
If you want to send me some token of appreciation - btc: 33c2oiCW8Fnsy41Y8z2jAPzY8trnqr5cFu
I promise it will put a fat smile on my face
Ichimoku Signal + Candle Color + Candle Pattern1. Ichimoku Signal:
Bullish Signal:
- UP-S: A strong bullish signal occurs when the Tenkan Sen crosses from below to above the Kijun Sen and the cross is above the Kumo.
- UP: An neutral bullish signal occurs when the Tenkan Sen crosses from below to above the Kijun Sen and the cross is in the Kumo.
- UP-W: A weak bullish signal occurs when the Tenkan Sen crosses from below to above the Kijun Sen and the cross is bellow the Kumo.
- Fly: A strong bullish signal when Chikou Span raise above the Kumo.
Bearish Signal:
- DN-S: A strong bearish signal occurs when the Tenkan Sen crosses from above to bellow the Kijun Sen and the cross is bellow the Kumo.
- DN: An neutral bearish signal occurs when the Tenkan Sen crosses from above to bellow the Kijun Sen and the cross is in the Kumo.
- DN-W: A weak bearish signal occurs when the Tenkan Sen crosses from above to bellow the Kijun Sen and the cross is above the Kumo.
- Dig: A strong bearish signal when Chikou Span fall bellow the Kumo.
2. Candle Color based on RSI (from NazcaProjections)
- Yellow represents Super OverBought
- Lime Green represents OverBought
- Green represents Slightly OverBought
- Red represents Slightly OverSold
- Dark Red represents OverSold
- Gray White represents Super OverSold
3. Candlestick Patterns Identified: Doji , Evening Star , Morning Star , Shooting Star , Hammer , Inverted Hammer , Bearish Harami, Bullish Harami, Bearish Engulfing , Bullish Engulfing
Tamil | Trend Signal Dashboard for trading“Tamil | Trend Signal in Dashboard” is a multi-confirmation trend and signal tool that combines Supertrend, RSI/ADX trend strength, and dual QQE into one clean dashboard on the chart. It only prints STRONG BUY / STRONG SELL when all components align, and it also gives clear, rule-based exit signals.
⸻
What it uses
• RSI + ADX + ATR trend block
• ADX (with custom length & threshold) to measure trend strength
• +DI / –DI to define bullish or bearish direction
• Optional session filter so signals only appear in your trading window
• Custom Supertrend
• ATR-based bands with adjustable period & multiplier
• Plots trend line on chart and shows Buy/Sell flip labels when Supertrend reverses
• Dual QQE MOD engine
• Two QQE/RSI streams (primary & secondary)
• Bollinger bands around QQE line to confirm true momentum breakouts
• Defines QQE Bullish / Bearish states
• Secondary RSI Histogram logic
• Tracks RSI distance from the 50 line
• Detects “peak & decline” on the histogram for momentum-based exits
⸻
Signals & Exits
• Entry
• Strong Buy: Supertrend bullish + strong ADX + DI bullish + QQE bullish
• Strong Sell: Supertrend bearish + strong ADX + DI bearish + QQE bearish
• Background is softly colored green/red while alignment is active
• Exit (configurable)
• Alignment lost (trend components no longer agree), and/or
• First peak-and-decline in the secondary RSI histogram
• Shows Exit Buy / Exit Sell markers and fires dedicated alerts
⸻
Dashboard & Alerts
A compact table in the top-right shows live status of:
• Supertrend
• ADX value & strength check
• Direction from DI
• QQE state
• Secondary RSI histogram slope
• Overall Alignment and current Signal (Hold / Strong Buy / Strong Sell / Exit)
Trend Tracer [AlgoAlpha]🟠 OVERVIEW
This tool builds a two-stage trend model that reacts to structure shifts while also showing how strong or weak the move is. It uses a mid-price band (from the highest high and lowest low over a lookback) and applies two Supertrend passes on top of it. The first pass smoothens the basis. The second pass refines that direction and produces the final trail used for signals. A gradient fill between the two trails uses RSI of price-to-trail distance to show when price is stretched or cooling off. The aim is to give traders a simple way to read trend alignment, pressure, and early turns without guessing.
🟠 CONCEPTS
The script starts with a mid-range basis. This is the average of the rolling highest high and lowest low. It acts as a stable structure reference instead of raw close or typical price. From there, two Supertrend layers are applied:
• The first Supertrend uses a shorter ATR period and lower factor. It reacts faster and sets the main regime.
• The second Supertrend uses a slightly longer ATR and higher factor. It filters noise, waits for confirmed continuation, and generates the signal line.
The interaction between these trails matters. The outer Supertrend provides context by defining the broader regime. The inner Supertrend provides timing by flipping earlier and marking possible shifts. The gradient fill uses RSI of (close − supertrend value) to display when price stretches away from the trail. This shows strength, exhaustion, or compression within the trend.
🟠 FEATURES
Bullish and bearish flip markers placed at recent highs/lows
Rejection signals off the trend tracer line
Alerts for bullish and bearish trend changes
🟠 USAGE
Setup : Add the script to your chart. Timeframe is flexible; lower timeframes show more flips while higher ones give cleaner swings. Adjust Length to change how wide the basis range is. Use the two ATR settings and factors to match the volatility of the market you trade.
Read the chart : When the refined trail (stv_) sits above price the regime is bearish; when below, it is bullish. The wide trail (stv) confirms the larger move. Watch the gradient fill: darker colors appear when price is stretched from the trail and lighter colors appear when the move is weakening. Flip markers ▲ or ▼ highlight the first clean shift of the refined trail.
Settings that matter : Increasing the Main Factor slows main-trend flips and filters chop. Increasing the Signal Factor delays the timing trail but reduces noise. Shortening Length makes the basis more reactive. ATR periods change how sensitive each Supertrend pass is to volatility.
Superior-Range Bound Renko - Alerts - 11-29-25 - Signal LynxSuperior-Range Bound Renko – Alerts Edition with Advanced Risk Management Template
Signal Lynx | Free Scripts supporting Automation for the Night-Shift Nation 🌙
1. Overview
This is the Alerts & Indicator Edition of Superior-Range Bound Renko (RBR).
The Strategy version is built for backtesting inside TradingView.
This Alerts version is built for automation: it emits clean, discrete alert events that you can route into webhooks, bots, or relay engines (including your own Signal Lynx-style infrastructure).
Under the hood, this script contains the same core engine as the strategy:
Adaptive Range Bounding based on volatility
Renko Brick Emulation on standard candles
A stack of Laguerre Filters for impulse detection
K-Means-style Adaptive SuperTrend for trend confirmation
The full Signal Lynx Risk Management Engine (state machine, layered exits, AATS, RSIS, etc.)
The difference is in what we output:
Instead of placing historical trades, this version:
Plots the entry and RM signals in a separate pane (overlay = false)
Exposes alertconditions for:
Long Entry
Short Entry
Close Long
Close Short
TP1, TP2, TP3 hits (Staged Take Profit)
This makes it ideal as the signal source for automated execution via TradingView Alerts + Webhooks.
2. Quick Action Guide (TL;DR)
Best Timeframe:
4H and above. This is a swing-trading / position-trading style engine, not a micro-scalper.
Best Assets:
Volatile but structured markets, e.g.:
BTC, ETH, XAUUSD (Gold), GBPJPY, and similar high-volatility majors or indices.
Script Type:
indicator() – Alerts & Visualization Only
No built-in order placement
All “orders” are emitted as alerts for your external bot or manual handling
Strategy Type:
Volatility-Adaptive Trend Following + Impulse Detection
using Renko-like structure and multi-layer Laguerre filters.
Repainting:
Designed to be non-repainting on closed candles.
The underlying Risk Management engine is built around previous-bar data (close , high , low ) for execution-critical logic.
Intrabar values can move while the bar is forming (normal for any advanced signal), but once a bar closes, the alert logic is stable.
Recommended Alert Settings:
Condition: one of the built-in signals (see section 3.B)
Options: “Once Per Bar Close” is strongly recommended for automation
Message: JSON, CSV, or simple tokens – whatever your webhook / relay expects
3. Detailed Report: How the Alerts Edition Works
A. Relationship to the Strategy Version
The Alerts Edition shares the same internal logic as the strategy version:
Same Adaptive Lookback and volatility normalization
Same Range and Close Range construction
Same Renko Brick Emulator and directional memory (renkoDir)
Same Fib structures, Laguerre stack, K-Means SuperTrend, and Baseline signals (B1, B2)
Same Risk Management Engine and layered exits
In the strategy script, these signals are wired into strategy.entry, strategy.exit, and strategy.close.
In the alerts script:
We still compute the final entry/exit signals (Fin, CloseEmAll, TakeProfit1Plot, etc.)
Instead of placing trades, we:
Plot them for visual inspection
Expose them via alertcondition(...) so that TradingView can fire alerts.
This ensures that:
If you use the same settings on the same symbol/timeframe, the Alerts Edition and Strategy Edition agree on where entries and exits occur.
(Subject only to normal intrabar vs. bar-close differences.)
B. Signals & Alert Conditions
The alerts script focuses on discrete, automation-friendly events.
Internally, the main signals are:
Fin – Final entry decision from the RM engine
CloseEmAll – RM-driven “hard close” signal (for full-position exits)
TakeProfit1Plot / 2Plot / 3Plot – One-time event markers when each TP stage is hit
On the chart (in the separate indicator pane), you get:
plot(Fin) – where:
+2 = Long Entry event
-2 = Short Entry event
plot(CloseEmAll) – where:
+1 = “Close Long” event
-1 = “Close Short” event
plot(TP1/TP2/TP3) (if Staged TP is enabled) – integer tags for TP hits:
+1 / +2 / +3 = TP1 / TP2 / TP3 for Longs
-1 / -2 / -3 = TP1 / TP2 / TP3 for Shorts
The corresponding alertconditions are:
Long Entry
alertcondition(Fin == 2, title="Long Entry", message="Long Entry Triggered")
Fire this to open/scale a long position in your bot.
Short Entry
alertcondition(Fin == -2, title="Short Entry", message="Short Entry Triggered")
Fire this to open/scale a short position.
Close Long
alertcondition(CloseEmAll == 1, title="Close Long", message="Close Long Triggered")
Fire this to fully exit a long position.
Close Short
alertcondition(CloseEmAll == -1, title="Close Short", message="Close Short Triggered")
Fire this to fully exit a short position.
TP 1 Hit
alertcondition(TakeProfit1Plot != 0, title="TP 1 Hit", message="TP 1 Level Reached")
First staged take profit hit (either long or short). Your bot can interpret the direction based on position state or message tags.
TP 2 Hit
alertcondition(TakeProfit2Plot != 0, title="TP 2 Hit", message="TP 2 Level Reached")
TP 3 Hit
alertcondition(TakeProfit3Plot != 0, title="TP 3 Hit", message="TP 3 Level Reached")
Together, these give you a complete trade lifecycle:
Open Long / Short
Optionally scale out via TP1/TP2/TP3
Close remaining via Close Long / Close Short
All while the Risk Management Engine enforces the same logic as the strategy version.
C. Using This Script for Automation
This Alerts Edition is designed for:
Webhook-based bots
Execution relays (e.g., your own Lynx-Relay-style engine)
Dedicated external trade managers
Typical setup flow:
Add the script to your chart
Same symbol, timeframe, and settings you use in the Strategy Edition backtests.
Configure Inputs:
Longs / Shorts enabled
Risk Management toggles (SL, TS, Staged TP, AATS, RSIS)
Weekend filter (if you do not want weekend trades)
RBR-specific knobs (Adaptive Lookback, Brick type, ATR vs Standard Brick, etc.)
Create Alerts for Each Event Type You Need:
Long Entry
Short Entry
Close Long
Close Short
TP1 / TP2 / TP3 (optional, if your bot handles partial closes)
For each:
Condition: the corresponding alertcondition
Option: “Once Per Bar Close” is strongly recommended
Message:
You can use structured JSON or a simple token set like:
{"side":"long","event":"entry","symbol":"{{ticker}}","time":"{{timenow}}"}
or a simpler text for manual trading like:
LONG ENTRY | {{ticker}} | {{interval}}
Wire Up Your Bot / Relay:
Point TradingView’s webhook URL to your execution engine
Parse the messages and map them into:
Exchange
Symbol
Side (long/short)
Action (open/close/partial)
Size and risk model (this script does not position-size for you; it only signals when, not how much.)
Because the alerts come from a non-repainting, RM-backed engine that you’ve already validated via the Strategy Edition, you get a much cleaner automation pipeline.
D. Repainting Protection (Alerts Edition)
The same protections as the Strategy Edition apply here:
Execution-critical logic (trailing stop, TP triggers, SL, RM state changes) uses previous bar OHLC:
open , high , low , close
No security() with lookahead or future-bar dependencies.
This means:
Alerts are designed to fire on states that would have been visible at bar close, not on hypothetical “future history.”
Important practical note:
Intrabar: While a bar is forming, internal conditions can oscillate.
Bar Close: With “Once Per Bar Close” alerts, the fired signal corresponds to the final state of the engine for that candle, matching your Strategy Edition expectations.
4. For Developers & Modders
You can treat this Alerts script as an ”RM + Alert Framework” and inject any signal logic you want.
Where to plug in:
Find the section:
// BASELINE & SIGNAL GENERATION
You’ll see how B1 and B2 are built from the RBR stack and then combined:
baseSig = B2
altSig = B1
finalSig = sigSwap ? baseSig : altSig
To use your own logic:
Replace or wrap the code that sets baseSig / altSig with your own conditions:
e.g., RSI, MACD, Heikin Ashi filters, candle patterns, volume filters, etc.
Make sure your final decision is still:
2 → Long / Buy signal
-2 → Short / Sell signal
0 → No trade
finalSig is then passed into the RM engine and eventually becomes Fin, which:
Drives the Long/Short Entry alerts
Interacts with the RM state machine to integrate properly with AATS, SL, TS, TP, etc.
Because this script already exposes alertconditions for key lifecycle events, you don’t need to re-wire alerts each time — just ensure your logic feeds into finalSig correctly.
This lets you use the Signal Lynx Risk Management Engine + Alerts wrapper as a drop-in chassis for your own strategies.
5. About Signal Lynx
Automation for the Night-Shift Nation 🌙
Signal Lynx builds tools and templates that help traders move from:
“I have an indicator” → “I have a structured, automatable strategy with real risk management.”
This Superior-Range Bound Renko – Alerts Edition is the automation-focused companion to the Strategy Edition. It’s designed for:
Traders who backtest with the Strategy version
Then deploy live signals with this Alerts version via webhooks or bots
While relying on the same non-repainting, RM-driven logic
We release this code under the Mozilla Public License 2.0 (MPL-2.0) to support the Pine community with:
Transparent, inspectable logic
A reusable Risk Management template
A reference implementation of advanced adaptive logic + alerts
If you are exploring full-stack automation (TradingView → Webhooks → Exchange / VPS), keep Signal Lynx in your search.
License: Mozilla Public License 2.0 (Open Source).
If you build improvements or helpful variants, please consider sharing them back with the community.
PRO Triple+ Confirmation Overlay SignalsThis script uses the 200 SMA + RSI + MACD confirmations as buy and sell signals. It only give a signal if all three line up. works well for general market direction signals. It also has a higher time frame filter that will filter out 70%-90% of traps and counter trend signals. MACD momentum trigger times entries with momentum shifts. RSI confirmation as well as volume confirmation to remove entries in low volume dead markets.
Trend TraderMost trend indicators don’t offer continuation signals or accurate bounce points, so I created this indicator that uses one of the most common trading levels (EMAs). This indicator uses the 50, 100, and 200 EMAs along with WaveTrend signals to trade trends. Buy Signals are filtered so that they only show up when the 100 EMA is above the 200. And Inverse for Sell Signals.
This indicator works well with both Stocks and Crypto. Default settings work best on 15 min, 1H, 2H, and 4H.
(Chart examples are using Heikin Ashi Candles, on Log Scale.)
*Buy and Sell Signals do not repaint.
Settings:
- Ability to show all buy and sell signals regardless of trend.
- To change the sensitivity of the buy and sell signals, change the “Average Length”
- (The lower the number the more sensitive, the higher the number the less they pop up)
- Ability to change EMA Lengths
imgur.com
Hash Momentum IndicatorHash Momentum Indicator
Overview
The Hash Momentum Indicator provides real-time momentum-based trading signals with visual entry/exit markers and automatic risk management levels. This is the indicator version of the popular Hash Momentum Strategy, designed for traders who want signal alerts without backtesting functionality.
Perfect for: Live trading, automation via alerts, multi-indicator setups, and clean chart visualization.
What Makes This Indicator Special
1. Pure Momentum-Based Signals
Captures price acceleration in real-time - not lagging moving average crossovers. Enters when momentum exceeds a dynamic ATR-based threshold, catching moves as they begin accelerating.
2. Automatic Risk Management Visualization
Every signal automatically displays:
Entry level (white dashed line)
Stop loss level (red line)
Take profit target (green line)
Partial TP levels (dotted green lines)
3. Smart Trade Management
Trade Cooldown: Prevents overtrading by enforcing waiting period between signals
EMA Trend Filter: Only trades with the trend (optional)
Session Filters: Trade only during Tokyo/London/New York sessions (optional)
Weekend Toggle: Avoid low-liquidity weekend periods (optional)
4. Clean Visual Design
🟢 Tiny green dot = Long entry signal
🔴 Tiny red dot = Short entry signal
🔵 Blue X = Long exit
🟠 Orange X = Short exit
No cluttered labels or dashboard - just clean signals
5. Professional Alerts Ready
Set up TradingView alerts for:
Long signals
Short signals
Long exits
Short exits
How It Works
Step 1: Calculate Momentum
Momentum = Current Price - Price
Normalized by standard deviation for consistency
Must exceed ATR × Threshold to trigger
Step 2: Confirm Acceleration
Momentum must be increasing (positive momentum change)
Price must be moving in signal direction
Step 3: Apply Filters
EMA Filter: Long only above EMA, short only below EMA (if enabled)
Session Filter: Check if in allowed trading session (if enabled)
Weekend Filter: Block signals on Sat/Sun (if enabled)
Cooldown: Ensure minimum bars passed since last signal
Step 4: Generate Signal
All conditions met = Entry signal fires
Lines automatically drawn for entry, stop, and targets
Step 5: Exit Detection
Opposite momentum detected = Exit signal
Stop loss or take profit hit = Exit signal
Lines removed from chart
⚙️ Settings Guide
Core Strategy
Momentum Length (Default: 13)
Number of bars for momentum calculation. Higher values = stronger signals but fewer trades.
Aggressive: 10
Balanced: 13
Conservative: 18-24
Momentum Threshold (Default: 2.25)
ATR multiplier for signal generation. Higher values = only trade the biggest momentum moves.
Aggressive: 2.0
Balanced: 2.25
Conservative: 2.5-3.0
Risk:Reward Ratio (Default: 2.5)
Your target profit as a multiple of your risk. With 2.2% stop and 2.5 R:R, your target is 5.5% profit.
Conservative: 3.0+ (need 25% win rate to profit)
Balanced: 2.5 (need 29% win rate to profit)
Aggressive: 2.0 (need 33% win rate to profit)
CRT / ORB Signals [Yosiet]What is the CRT Pattern?
The Counter-Retracement Pattern is a classic three-candle setup that reveals moments of market structure weakness and potential reversal. It occurs when a strong move is temporarily rejected, signaling a possible continuation.
Several names for the same candlestick pattern: CRT, ORB, Morning Star, Evening Star, and others, but I'm not going to talk about it.
Here’s the anatomy of a Bullish CRT:
Candle 1 (C1: The Signal Candle): A significant momentum candle in a downtrend.
Candle 2 (C2: The Retracement/Sweep Candle): This is the critical candle. It must sweep the low of C1 (liquidity grab / sweep) but then close with its body inside the range of C1 .
Candle 3 (C3: The Confirmation/Entry Candle): A bullish candle that closes above C2's close, confirming the pattern.
Here’s the anatomy of a Bearish CRT:
The bearish pattern is the exact inverse, sweeping the high of Candle 1.
Why This Indicator?
Clarity and Precision. This script is built for accuracy and minimalism.
No Repainting: The logic is calculated on the closed historical bars. The signal is only plotted on the entry candle (Candle 3) after it has closed.
Clean Visuals: Instead of cluttering every candle, it shows you only what you need:
Green Up Arrow: Signals a confirmed Bullish CRT, suggesting a Long entry.
Red Down Arrow: Signals a confirmed Bearish CRT, suggesting a Short entry.
Faint Circles: Subtle white circles mark the high/low of Candle 1 and Candle 2, helping you visually trace the pattern structure without obstruction.
Inyerneck UT Bot 9 EMA V.sthis script is a custom ut bot signal generator using a 9 ema filter and atr based thresholds. it shows buy/sell signals based on crossover logic and works well for volitality based set ups. created by inyerneck
Z-Score Bands + SignalsZ-Score Statistical Market Analyzer
A multi-dimensional market structure indicator based on standardized deviation & regime logic
English Description
Concept
This indicator builds a statistical model of price behaviour by converting every candle’s movement into a Z-score — how many standard deviations each close is away from its moving average.
It visualizes the normal distribution structure of returns and provides adaptive entry signals for both Mean Reversion and Breakout regimes.
Rather than predicting price direction, it measures statistical displacement from equilibrium and dynamically adjusts the decision logic according to the market’s volatility regime.
⚙️ Main Components
Z-Score Bands (±1σ, ±2σ, ±3σ)
– The core structure visualizes volatility boundaries based on rolling mean and standard deviation.
– Price outside ±2σ often indicates statistical extremes.
Dual Signal Systems
Mean Reversion (MRL / MRS): when price (or return z-score) crosses back inside ±2σ bands.
Breakout (BOL / BOS): when price continues to expand beyond ±2σ.
Volatility Regime Classification
The indicator detects whether the market is currently in a low-vol or high-vol regime using percentile statistics of σ.
Low vol → Mean Reversion preferred
High vol → Breakout preferred
🧠 Adaptive Switches
A. Freeze MA/σ - Use previous-bar stats to avoid repainting and lag.
B. Confirm on Close - Only generate signals once the base-timeframe bar closes (eliminates look-ahead bias).
C. Return-based Signal - Use log-return Z-score instead of price deviation — normalizes volatility across assets.
D. Outlier Filter - Exclude bars with abnormal single-bar returns (e.g., >20%). Reduces false spikes.
E. Regime Gating - Automatically switch between Mean Reversion and Breakout logic depending on volatility percentile.
Each module can be toggled individually to test different statistical behaviours or tailor to a specific market condition.
📊 Interpretation
When the histogram of returns approximates a normal distribution, mean-reversion logic is often more effective.
When price persistently drifts beyond ±2σ or ±3σ, the distribution becomes leptokurtic (fat-tailed) — a breakout structure dominates.
Hence, this tool can help you:
Identify whether an asset behaves more “Gaussian” or “fat-tailed”;
Select the correct trading regime (MR or BO);
Quantitatively measure market tension and volatility clusters.
🧩 Recommended Use
Works on any timeframe and any asset.
Best used on liquid instruments (e.g., XAU/USD, indices, major FX pairs).
Combine with volume, sentiment or structural filters to confirm signals.
For strategy automation, pair with the companion script:
🧠 “Z-Score Strategy • Multi-Source Confirm (MRL/MRS/BOL/BOS)”.
⚠️ Disclaimer
This script is designed for educational and research purposes.
Statistical deviation ≠ directional prediction — use with sound risk management.
Past distribution patterns may shift under new volatility regimes.
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中文说明（简体）
概念简介
该指标基于价格的统计分布原理，将每根 K 线的波动转化为标准化的 Z-Score（标准差偏离值），用于刻画市场处于均衡或偏离状态。
它同时支持 均值回归（Mean Reversion） 与 突破延展（Breakout） 两种逻辑，并可根据市场波动结构自动切换策略模式。
⚙️ 主要功能模块
Z-Score 通道（±1σ / ±2σ / ±3σ）
用滚动均值与标准差动态绘制的统计波动带，价格超出 ±2σ 区域通常意味着极端偏离。
双信号系统
MRL / MRS（均值回归多空）：价格重新回到 ±2σ 以内时触发。
BOL / BOS（突破延展多空）：价格持续运行在 ±2σ 之外时触发。
波动率分层
自动识别市场处于高波动还是低波动区间：
低波动期 → 适合均值回归逻辑；
高波动期 → 适合突破趋势逻辑。
🧠 A–E 模块说明
A. 固定统计参数：使用上一根 K 线的均值和标准差，防止重绘。
B. 收盘确认信号：仅在当前时间框架收盘后生成信号，避免前视偏差。
C. 收益率信号模式：采用对数收益率的 Z-Score，更具普适性。
D. 异常波过滤：忽略单根极端波动（如 >20%）的噪声信号。
E. 波动率调节逻辑：根据市场处于高/低波动区间，自动切换 MRL/MRS 或 BOL/BOS。
📊 应用解读
如果收益率分布接近正态分布 → 市场倾向震荡，MRL/MRS 效果较佳；
若价格频繁偏离 ±2σ 或 ±3σ → 市场呈现“肥尾”分布，趋势延展占主导。
因此，该指标的核心目标是：
识别当前市场的统计结构类型；
根据波动特征自动切换交易逻辑；
提供结构化、可量化的市场状态刻画。
💡 使用建议
适用于所有时间框架与金融品种。
建议结合成交量或结构性指标过滤。
若用于策略回测，可搭配同名 “Z-Score Strategy • Multi-Source Confirm” 策略脚本。
⚠️ 免责声明
本指标仅用于研究与教学，不构成任何投资建议。
统计偏离 ≠ 趋势预测，实际市场行为可能在不同波动结构下改变。
