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CCI45/SMA50 indy for 30 min SP500SPCFD:SPX The script determines entry points using 45 period CCI and 50 period SMA. Long condition: When CCI crosses up 150 treshold while price above 50 period SMA Short condition: When CCI crosses down -150 treshold while price below 50 period SMA Trades are executed above/below 1 point of high/low for long/short positions. Stops are just 1 point below/above of SMA. After 4 points of profit stops should be tightened. If you do not plan to hold the position for a long time, it can produce quick profit within 5-6 bars namely 2.5-3 hour. Otherwise you can manage the trade using SMA as trailing stop. This can be treated as a strategy of scalping which turns out a trend trading eventually if conditions good. Have a nice trading
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GurselKona tarafından
CHOP Zone Entry Strategy + DMI/PSAR ExitThis is a Strategy with associated visual indicators and Long/Short and Reverse/Close Position Alerts for the Choppiness Index (CHOP) . It is used to determine if the market is choppy (trading sideways) or not choppy (trading within a trend in either direction). CHOP is not directional, so a DMI script was ported into this strategy to allow for trend confirmation and direction determination; it consists of an Average Directional Index (ADX) , Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) . In addition, a Parabolic SAR is also included to act as a trailing stop during any strong trends. Development Notes --------------------------- This indicator, and most of the descriptions below, were derived largely from the TradingView reference manual. Feedback and suggestions for improvement are more than welcome, as well are recommended Input settings and best practices for use. www.tradingview.com www.tradingview.com www.tradingview.com Recommend using the below DMI and PSAR indicators in conjunction with this script to fully visualize and understand how entry and exit conditions are chosen. Variable inputs should correlate between the scripts for uniformity and visual compatibility. THANKS to LazyBear and his Momentum Squeeze script for helping me quickly develop a momentum state model for coloring the Chop line by trend. Strategy Description --------------------------- CHOP produces values that determine whether the market is choppy or trending . The closer the value is to 100 , the higher the choppiness levels , while the closer it is to 0 , the stronger the market is trending . Territories for both levels, and their associated upper and lower thresholds, are popularly defined using the Fibonacci Retracements, 61.8 and 38.2. Basic Use --------------------------- CHOP is often used to confirm the market condition to help you stay out of sideways markets and only enter when there is movement or imminent explosions. When readings are above the upper threshold, continued sideways movement may be expected, while readings below the lower threshold are typically indicative of a continuing trend. It is also used to anticipate upcoming trendiness changes, with the general belief that extended periods of consolidation (sideways movement) are followed by extended periods of strong, trending, directional movement, and vice versa. One limitation in this index is that you must be cautious in deciding whether the range or trend will likely continue, or if it will reverse. Confidence in price action and trend is higher when two or more indicators are in agreement -- while this strategy combines CHOP with both DMI and PSAR, we would still recommend pairing with other indicators to determine entry or exit trade opportunities. Recommend also choosing 'Once Per Bar Close' when creating alerts. Inputs --------------------------- Strategy Direction - an option to only trade Short, Long, Both, or only in the direction of the Trend (Follow Trend is the Default). Sensitivity - an incremental variable to test whether the past n candles are in the same trend state before triggering a delayed long or short alert (1 is the Default). Can help filter out noise and reduces active alerts. Show Chop Index - two visual styles are provided for user preference, a visible Chop line with a background overlay, or a compact column and label only view. Chop Lookback Period - the time period to be used in calculating CHOP (14 is the Default). Chop Offset - changing this number will move the CHOP either forwards or backwards relative to the current market (0 is the Default). Smooth Chop Line and Length - if enabled, the entered time period will be used in calculating a smooth average of the index (Enabled and 4 are the Defaults). Color Line to Trend Direction - toggles whether the index line is colored to visually depict the current trend direction (Enabled is the Default). Color Background - toggles the visibility of a background color based on the index state (Enabled is the Default). Enable DMI Option - if enabled, then entry will be confirmed by and dependent on the ADX Key Level, with any close or reversal confirmed by both ADX and +/-DI to determine whether there is a strong trend present or not (Enabled is the Default). ADX Smoothing - the time period to be used in calculating the ADX which has a smoothing component (14 is the Default). DI Length - the time period to be used in calculating the DI (14 is the Default). ADX Key Level - any trade with the ADX above the key level is a strong indicator that it is trending (23 to 25 is the suggested setting). Enable PSAR Option - enables trailing stop loss orders (Enabled is the Default). PSAR Start - the starting value for the Acceleration Force (0.015 is our chosen Default, 0.02 is more common). PSAR Increment - the increment in which the Acceleration Force will move (0.001 is our chosen Default, 0.02 is more common). PSAR Max Value - the maximum value of the Acceleration Factor (0.2 is the Default). Color Candles Option - an option to transpose the CHOP condition levels to the main candle bars. Note that the outer red and green border will still be distinguished by whether each individual candle is bearish or bullish during the specified timeframe. Note too that if both DMI and PSAR are deselected, then close determinations will default to a CHOP reversal strategy (e.g., close long when below 38.2 and close short when above 61.8). Though if either DMI or PSAR are enabled, then the CHOP reversal for close determination will automatically be disabled. Indicator Visuals --------------------------- For the candle colors, black indicates tight chop (45 to 55), yellow is loose chop (38.2 to 45 and 55 to 61.8), dark purple is trending down (< 38.2), and dark blue is trending up (> 61.8). The background color has additional shades to differentiate a wider range of more levels… • < 30 is dark purple • 30 to 38.2 is purple • 38.2 to 45 is light purple • 45 to 55 is black • 55 to 61.8 is light blue • 61.8 to 70 is blue • > 70 is dark blue Long, Short, Close, and Reverse labels are plotted on the Chop line, which itself can be colored based on the trend. The chop line can also be hidden for a clean and compact, columnar view, which is my preferred option (see example image below). Visual cues are intended to improve analysis and decrease interpretation time during trading, as well as to aid in understanding the purpose of this strategy and how its inclusion can benefit a comprehensive trading plan. DMI and Trend Strength --------------------------- To analyze trend strength, the focus should be on the ADX line and not the +DI or -DI lines.  An ADX reading above 25 indicates a strong trend , while a reading below 20 indicates a weak or non-existent trend .  A reading between those two values would be considered indeterminable. Though what is truly a strong trend or a weak trend depends on the financial instrument being examined; historical analysis can assist in determining appropriate values. DMI exits trade when ADX is below the user selected key level (e.g., default is 25) and when the +/- DI lines cross (e.g., -DI > +DI exits long position and +DI > -DI exits short position). PSAR and Trailing Stop --------------------------- PSAR is a time and price based indicator that excels at measuring direction and duration, though not the actual strength of a trend, which is why we use this in conjunction with DMI. It is also included in this script as a trailing stop option to maximize gains during strong trends and to mitigate any false ADX strengthening signals. This creates a parabola that is located below the candle during a Bullish trend and above during a Bearish trend. A buy or reversal is signaled when the price crosses above or below the Parabolic SAR. Long/Short Entry --------------------------- 1. CHOP must be over 61.8 (long) or under 38.2 (short). 2. If DMI is enabled, then the ADX signal line must be above the user selected Key Level (default is 25). 3. If Sensitivity is selected, then that past candle must meet the criteria in step 1, as well as all the intermediate candles in between. 4. If "Follow Trend" is selected and PSAR is enabled, then a long position can only open when the momentum and PSAR are in an uptrend, or short when both are in a downtrend, to include all intermediate candles if the Sensitivity option is set on a past candle. Close/Reverse --------------------------- 1. If DMI is enabled, then a close flag will be raised when the ADX signal drops below the Key Level (of 25), and -DI crosses over +DI (if long), or +DI crosses over -DI (if short). 2. If PSAR is enabled, then a close flag will be raised when the current trend state is opposite the last state. 3. If both DMI and PSAR are disabled, then a close flag will be raised if the Chop line drops under 38.2 (if long) or goes over 61.8 (if short). 4. If a Long or Short Entry is triggered on the same candle as any of the above close flags, then the position will be reversed, else the position will be closed. Strategy Alerts --------------------------- 1. Long Entry 2. Short Entry 3. Reverse 4. Close The provided backtest result is based on a position sizing of 10% equity with 100k initial capital. When testing SPX, disabling the DMI performed the best, but EURUSD performed poorly without it enabled, and TSLA had a small reduction in net profit. Timeframe likewise differed between commodities with TSLA performing best at 30M, SPX at 15M, and EURUSD at 4H. I do not plan on using this as a standalone strategy, but I also was expecting better results with the inclusion of EMI and PSAR to compliment the CHOP. Key elements of this script will likely be included in future, more holistic strategies. Disclaimer --------------------------- Past performance may not be indicative of future results. Due to various factors, including changing market conditions, the strategy may no longer perform as well as in historical backtesting. This post and the script are not intended to provide any financial advice. Trade at your own risk. No known repainting, though there may be if an offset is introduced in the Inputs. I did my best not to code any other variables that repaint, but cannot fully attest to this fact.
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IronCasper tarafından
4
Normalized Volatility IndicatorFrom an article by Rajesh Kayakkal: "Early bear phase signals can help you get out of the market before it turns down. This indicator tells you how. There are many ways to identify the trend of a financial market, the most common being the 200-day exponential moving average (Ema). When price is trending down below the 200-day Ema, the market is believed to be in a bear phase. If the market is trending up above the 200-day Ema, it is considered to be in a bull phase. Since every indicator fails at times, I wanted to find other indicators to confirm a trend. In my quest for another indicator to determine the trend for the financial markets, I found the Cboe Volatility Index (Vix) to be a good indicator of the market direction. The Vix is calculated from the weighted average of the implied volatilities of various options on the Standard & Poor’s 500 index futures. J. Welles Wilder’s average true range can also give an indication of the financial market trends; that is, when the market is in a bull phase, the average true range narrows, and when it is in a bear phase, the average true range expands. The normalized volatility indicator (Nvi) is based on this behavior. Normalized volatility indicator (Nvi) Average true range (Atr) varies depending on time. But how do we determine the phase of the financial market with Atr? Perhaps some type of ratio could give us a clue. A ratio presents a relationship of a quantity with respect to another. I did some research based on a ratio of the 64-day average true range and the end-of-day value of equity indexes such as the Standard & Poor’s 500 (Spx). I selected the 64-day period since it is close to the average number of trading days in a quarter. The ratio of the 64-day average true range and closing price does discount seasonal variations in the average true range and gives a single number that can be used to compare volatility of an instrument across many decades. I call this ratio the normalized volatility indicator. I found an interesting correlation between Nvi and cycles of major equity market indexes. The formula for the Nvi is: Nvi = 64 - Day average true range/End-of-day price * 100 The NVI gave advanced signals before the cyclical bear phase of SPX commenced in October 2000 and was almost on the spot with the bull phase that began in 2003 and the current secular bear market cycle, which started in November 2007." Includes options to show inverse NVI and change the ATR length and smoothing.
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MartinShkreIi tarafından
3
Reversal closing priceThe reversal closing price (RCP) is a candlestick pattern which follows two simples rules: the low price of current candle needs to be lower than the low price of the last 2 candles the closing price of current candle needes to be higher than the closing price of the last candle This generates a signal for a long position. For a short position, the conditions are inverted: the high price of current candle needs to be higher than the high price of the last 2 candles the closing price of current candle needes to be lower than the closing price of the last candle Since RCP is a trend follower indicator, the strategy is programmed in such a way that long positions are only placed if the short period EMA is above the long period EMA, and short positions are only placed if the short EMA is bellow the long EMA. Both periods are configurable, and should be ajusted for each asset. This strategy uses a fixed stop loss and take profit, and the it's ratio is configurable. The stop price is one tick lower than the lowest price of X candles prior to the order execution for long positions, while in short positions it's one tick higher than the higher price. The amount of candles to lookback (X) is configurable. Both stop and take profit prices are displayed, the first as a red line, and the second as a green line. This is the setting that I've found to work best with TVC:SPX , but you may find a better setting. While the RCP is universal, it's placement depends on the trend and it's strenght, something that is very heterogeneous among assets. I really wish that I was able to place images, but I don't have PRO, so text will have to do. This strategy was designed by Alexandre Wolwacz, a.k.a. Stormer.
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EduardoMattje tarafından
9
Hide Extended Hours/non-intraday American BarsOnly works with American bar style. Not works with Candles. -------- This script can hide the extended hours/non-intraday bars and leave the intraday bars only, especially for future users, such as ES/NQ/RTY/YM, etc.,. Now you can find the intraday support/resistance quite easily! Example, as a ES investor, you can easily find the intraday support/resistance level ,which is almost equal to SPY / SPX , no longer need to check SPY / SPX separately again, saving your time a lot. -------- IMPORTANT INSTRUCTION In order to make the script work, you have to bring it to the most top visual layer. Please do as the following steps: Add the script to chart Hover mouse on the script name, and tap the right-most 'more' button (which appears as 3 dots) Select "Visual Order", then select "Bring to front". Done! Also, in order to have a better view effect and make the bars COMPLETELY "Hidden", you can adjust the hidden bar color in the "setting" menu to the exact color of your chart background.
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yeungshawn tarafından
Options Decay Speed for 0DTEUse only for: SPX, 5 minutes time frame This indicator is complementing options 0DTE strategy - selling options for SPX index in the same day as they are expiring. Output of the indicator (red or green color of the curve) indicates whether is profitable to sell options at given moment at delta and VIX specified in the parameters. Changing parameter "Candles" is not recommended. Main thought is that options expire with certain speed (theta decay) when stock doesnt move. When stock moves in unfavorable direction slowly enough, decay speed can compensate for disadvantage coming from option delta. Intuitively there must be certain speed of stock value change (expressed in stock value per 5 minutes) that is exactly compensating theta decay. This indicator calculates those two values (details below) and shows, where theta decay is faster than stock movement in the last hour and thus favorable to sell options. Indicator gets its result from comparing two values: 1) volatility in the form of highest high and lowest low for past 12 candles (one hour in total) divided by 12 - meaning average movement of stock expressed in 2) speed of options value decay in form of combination of theta decay and option delta. Formulas are approximation of Black-Scholes model as Pine script doesnt allow for advanced functions. Approximations are accurate to 2 decimal points from market open to one hour before market close and will not indicate green when accuracy is not sufficient. Its value is also expressed in so its mutualy comparable. My focus was not on code elegance but on practical usability. Written by Ondřej Škop.
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OnSkop tarafından
13
Strategy - Bobo PAPATRHi I've revamped this bot mentioned in the linked idea to make it work with v4 of pine. In doing so there are some very significant changes to how it works. The main one is that it no longer uses traditional daily pivot calculations to calculate the bands. It creates a more dynamic intraday set of pivot points based on recent price action rather than yesterday's ohlc. As published, the bot is tuned for a 15 min time frame. But it actually works well on lower time frames you just need to adjust the lookback periods in settings a bit to re tune it. It's also tuned to ES really but will need tweaking for a different instrument at the very least. The basic concept is recent price action is used to calculate a 'middle' around which red and green bands are located. Their position or width is largely determined by recent volatility. The middle line is again calculated from recent price action. The three lines from that form a tradeable range with green at the top and red at the bottom. The strategy is simple enough, it shorts as it sinks from outside red, and longs when rising above green. The basic principle being that once you enter that range you have a high probability of hitting the middle before you hit your stop loss. So the basic principle is you are trying to capture the inherent ranginess of liquid indices like S&P 500. That back and forth movement that happens. The bot is capturing this by fading extremes of a recent range but the problem with that is you'dd get murdered in a strong trend. To mitigate that there is a trend calculation running in the background the will prevent trading against firm trends mostly. So the bot should trade mostly in rangy conditions because that is what it is trying to do. Bot will close issue close signals automatically upon crossing the middle, it also will close automatically at predefined stops or limits. These values are denominated in market mintick values. For example the CFD SPX500 has a mintick of 0.1. Therefore a stop value of 100 will equate to 10 points on the index. If trading the same market via ES1! the mintick value is different - 0.25. So in this case a value of 40 is required to set the stop at 10 points. Anyway shout if you have questions. Hope it's useful. TVC:SPX OANDA:SPX500USD
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BobVanders tarafından
1
AK TREND ID v1.00Hello, "Are we at the top yet ? "........ " Is it a good time to invest ? " ......." Should I buy or sell ? " These are the many questions I hear and get on the daily basis. 1000's of investors do not know when to go in and out of the market. Most of them rely on the opinion of "experts" on television to make their investment decisions. Bad idea.Taking a systematic approach when investing, could save you a lot of time and headache. If there was only a way to know when to get in and out of the market !! hmmmm. The good news is that there many ways to do that. The bad news is , are you disciplined enough to follow it ? I coded the AK_TREND ID specifically to identified trends in the SPX or SPY only . How does it work ? very simply , I simply plot the spread between the 3 month and 8 month moving average on the chart. If the spread > 0 @ month end = BUY if the spread < 0 @ month end = SELL The AK TREND ID is a LAGGING Indicator , so it will not get you in at the very bottom or get you out at the very top. I did a backtest on the SPX from 1984 to 7/2/2014 (yesterday), The rule was to buy only when the AK TREND ID was green. let's look at the result: 14 trades : 11 W 3 L , 78.75 % winning % Biggest winner (%) = 108 % Biggest loser (%) = -10.7 % Average Return = 27 % Total Return since 1984 = 351.3 % You can see the result in detail here : docs.google.com Although the backtesting results are good, the AK TREND ID is not to be used as a trading system. It is simply design to let you know when to invest and when to get out. I'm working a more accurate version of this Indicator , that will use both technical and fundamental data. In the mean time , I hope this will give some of you piece of mind, and eliminate emotions from your trading decision. Feel free to modify the code as you wish, but please share your finding with the rest of Trading View community. All the best Algo
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Algokid tarafından
35
0DTE Credit-Spread Morning FilterUPDATE: NATIVE ALERTS ADDED! You asked, we delivered. You no longer need to sit and stare at the dashboard waiting for a green signal. 1. New "Trade Entry Signal" Alert: I have added a custom alert condition to the code. This triggers the exact moment the dashboard flips from "NO TRADE" to "GREEN" (Strategy Found). 2. How to set it: Simply click the "Create Alert" button (clock icon) in TradingView, select this indicator, and choose "Trade Entry Signal" from the list. Now you can get notified on your phone or desktop instantly when the market conditions align for a 0DTE play. Happy Trading!
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oXXo1 tarafından
Custom Psych Levels V1.0 Theo SignalDesigned for Index Traders (US30, NAS100, SPX, etc.) This script is especially effective on indices such as US30, where price reacts strongly to round numbers and psychological zones. By default, levels adapt to index volatility and scale, making them ideal for: intraday bias pullback reactions breakout continuation mean reversion back to balance Key Features Rolling 5-Level Structure: Always centered on current price, no chart clutter. Market- Aware Magnitude: Automatically adjusts spacing for indices, forex, and crypto. Higher- Timeframe Anchoring: Optionally anchor levels to 1H, 4H, or Daily closes while trading lower timeframes like 5m. Session & Daily Resets: Re-anchor levels at New York session open or new trading day. Center Line Emphasis: Highlight the equilibrium level with custom color, thickness, and style for balance or decision-making. Clean Professional Display: Only relevant levels near price are shown. Trading Use Cases This indicator is best used as a framework, not a signal generator. It excels when combined with: momentum confirmation liquidity sweeps volume expansion break-and-retest structures session highs/lows Traders can use the center line as balance, outer levels as reaction or target zones, and band shifts as confirmation of expanding price acceptance.
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signal222 tarafından
Drawdown % + STD Bands: Log-Scale Macro ToolDrawdown % + STD Bands: Log-Scale Macro ToolDescription: The exact indicator big-macro accounts use: tracks real-time drawdown from the rolling 252-period peak, then plots -1σ (blue) and -2σ (orange) bands on a clean percent scale. Built for weekly charts-shows if a stock, index, or crypto is statistically cheap (hit -1σ) or generational-buy territory (-2σ). Works flawlessly on SPX, Nasdaq, Bitcoin, Gold, Tesla... anything. How to Use (read it aloud like a voice memo): 1. Slap this under any chart, set to weekly timeframe . 2. Flip the price pane to log scale -zero negotiations. 3. Watch the thick red line: • Hovering 0 %? Bullish noise, chill. • Kissing blue (-10 % to -25 %)? Start loading-happens every 1-2 years. • Touching orange (-30 %+)? Panic sale finished. Buy like rent money's burning a hole. 4. Zoom out five-ten years; monthly works too if you want lazy vibes. Daily? Trash-too twitchy. Pro tip: Name your watchlist Panic Plays, drop this in, and ping me when MELI or GOOGL hits orange. I'll confirm if it's actually stupid-cheap.
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bullgroundmx tarafından
CCI Standard DeviationCCI Standard Deviation – Asymmetric Volatility-Adjusted Trend Filter (CCI SD) The Commodity Channel Index (CCI), created by Donald Lambert in 1980, measures how far the typical price deviates from its statistical average to identify cyclical momentum and trend strength. The standard formula is: CCI = (Typical Price − SMA(Typical Price, n)) / (0.015 × Mean Deviation) where Typical Price = (High + Low + Close)/3. CCI is unbounded and centered around zero: sustained readings above zero indicate bullish momentum, below zero bearish. Classic interpretations often use zero-line crosses or fixed levels (±100, ±200, ±250), but these can be unreliable when CCI volatility changes across market regimes. This indicator was developed to create a more disciplined trend-following tool that aligns with my core risk principle: “always protect to the downside.” Starting from the standard CCI zero-line concept for trend direction, I experimented with standard deviation bands to make the oscillator volatility-adjusted. I then applied deliberate asymmetry: requiring the lower 1σ envelope (CCI − stdev) to cross above a positive threshold for bullish confirmation (high-probability entry only in robust trends), while exiting immediately on any raw CCI weakness below a negative threshold (quick downside protection). User inputs for both thresholds were added to allow fine-tuning and adaptability across different assets and timeframes. An optional DEMA-smoothed version of the lower envelope provides additional clarity when desired. Extreme zones raw CCI ±240 and lower envelope > 200 or < –200 - are highlighted with background shading to flag rare acceleration or capitulation phases. How it works Standard CCI calculated on typical price (default length 38). Rolling standard deviation of the CCI itself (default length 13) measures the oscillator’s recent volatility. Lower envelope = CCI − stdev (dn). Optional DEMA smoothing (default length 12) can be toggled. Trend logic: Bullish regime only when lower envelope → Long Threshold (default +10) → statistical proof of strength Bearish/neutral immediately when raw CCI → Short Threshold (default –25) → fast downside protection Origin and development The indicator emerged from wanting a cleaner, more reliable CCI for trend direction. After testing volatility-adjusted versions, the asymmetric design proved superior: it enters only high-conviction uptrends and exits rapidly on weakness, significantly reducing whipsaws while preserving trend capture. Parameters were optimized through extensive backtests on major assets (BTC, ETH, SOL and many more Cryptos; Magnificent 7 stocks, QQQ, SPX, gold). The defaults were selected for the best average Sortino ratio and lowest maximum drawdown across this broad universe, ensuring robustness and avoiding single-asset overfitting. How to use it Green triangle below bar → lower envelope crosses above Long Threshold → high-conviction bullish trend confirmed → enter or add to longs Magenta triangle above bar → CCI crosses below Short Threshold → exit longs or go cash/short While lower envelope remains above Long Threshold → hold bullish positions Extreme background shading (dn >200 or CCI ±240) → rare high-attention zones (potential acceleration or exhaustion) Recommended defaults CCI length: 38 SD length: 13 Long threshold: +10 Short threshold: –25 Optional MA length: 12 (DEMA of lower envelope) All visual elements (bar coloring, signals, background, smoothed line) are toggleable for personal preference. This indicator is designed as a trend-strength and risk-management filter and is not intended as a standalone trading system. Disclaimer: This is not financial advice. Backtests are based on past results and are not indicative of future performance.
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PaulWegelin tarafından
Relative Strength vs S&P 500 (SPX/ES) Relative Strength vs S&P 500 This indicator measures the relative performance of an asset compared to the S&P 500, helping traders and investors identify whether an asset is outperforming or underperforming the broader market. The calculation is based on a price ratio between the selected asset and the S&P 500, optionally normalized to a base value (100) for easier interpretation. How to read it: Above the baseline (100) → the asset is outperforming the S&P 500 Below the baseline (100) → the asset is underperforming the S&P 500 Rising line → strengthening relative performance Falling line → weakening relative performance Why it’s useful: Helps focus on market leaders, not just assets that “look cheap” Filters trades and investments in the direction of relative strength Useful for swing trading, long-term investing, and portfolio allocation Widely used in institutional and professional asset management This indicator is best used as a trend and selection filter, in combination with technical setups (support/resistance, VWAP, structure).
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egu26 tarafından
Anurag -Precision Options Scalper [Multi-TF] -A professional-grade options day trading system built for SPY, QQQ, and SPX. CORE FEATURES: - Multi-timeframe analysis (15m regime → 5m setup → 1m execution) - Market regime detection using ADX + ATR Z-Score (filters out chop) - Confidence scoring system (0-100) — only takes high-probability setups - Auto DTE engine recommends 0DTE vs 1DTE based on conditions - Suggested strike prices (slightly OTM) - Built-in position tracking with stop/target levels - Session filtering (9:30 AM - 4:00 PM ET only) - End-of-day forced exit warning SIGNAL LOGIC: CALL: 15m bullish bias + trending regime + price above VWAP/EMAs + pullback to support + bullish candle + 1m momentum confirmation PUT: 15m bearish bias + trending regime + price below VWAP/EMAs + rejection from resistance + bearish candle + 1m momentum confirmation RISK MANAGEMENT: - ATR-based stops and targets - Break-even stop movement after partial profit - Time-based exit if momentum dies - Max 4 trades per day (configurable) - Gamma scalp mode for 0DTE (tighter stops/targets) BEST ON: 5-minute chart | SPY, QQQ, SPX STYLE: Pullback entries in trending markets ⚠️ For educational purposes. Not financial advice. Manage your own risk.
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anu_tarang tarafından
1
deKoder | Business Cycle vs BitcoinThis indicator overlays Bitcoin's detrended momentum with the US ISM Manufacturing PMI (a key business cycle proxy) to visually dissect the relationship between crypto cycles and broader economic health. Inspired by ongoing debates in crypto macro analysis (e.g., "Is there a 4-year halving cycle, or is it just the business cycle?" ), it highlights potential lead-lag dynamics - challenging the popular view that PMI strictly leads Bitcoin rallies and tops. Key Features • BTC Momentum Wave (Yellow/Orange Line): Detrended deviation from Bitcoin's long-term "fair value" (24-month SMA). Formula: ((close / sma(close, 24)) * 100 - 100) * 0.15 - Positive (yellow): BTC overvalued relative to trend | bullish momentum - Negative (orange): Undervalued relative to trend | bearish momentum • PMI Wave (Teal/Red Line): ISM Manufacturing PMI centered at zero (raw PMI - 50, scaled ×3 for alignment). - Positive (teal): Expansion (>50 raw) — economic tailwinds. - Negative (red): Contraction (<50 raw) — headwinds, often linked to risk-off in assets. • S&P 500 Momentum (White Line, Optional): Similar deviation for SPX, showing how equities bridge BTC's volatility and PMI's smoothness. • Divergence Highlights (Bar & Background Colors): - Teal/Green Zones : BTC momentum positive while PMI negative → BTC signaling early recovery (potential lead by 1-3+ months at bottoms). - Maroon/Red Zones : BTC momentum negative while PMI positive → BTC warning of rollovers (early bear signals). - Neutral: No color — aligned cycles. • Overlaid SMA on Price Chart : 24-month SMA for BTC (teal when price above, red when below) — quick fair value reference. How to Interpret: Does BTC Lead the Business Cycle? The chart flips the common meme ( "No 4-year cycle, it's just the business cycle" ) by visually emphasising BTC's potential as a forward-looking signal . Historical cycles (2013–2025) show: • BTC Leads at Bottoms : E.g., 2018–2019 and 2022 troughs — BTC momentum crosses positive 2–4 months before PMI, as speculative traders price in liquidity easing/recoveries ahead of manufacturing data. • Coincident or BTC-Led at Tops : Peaks align closely (e.g., 2017, 2021), with PMI rollovers often coinciding or slightly leading the initial BTC euphoria fade. BTC then rolls over before PMI confirms later. • Why? Markets are anticipatory (6–12 months forward), while PMI is a lagged survey snapshot. BTC, as a high-beta risk asset, amplifies early sentiment shifts before they hit factory orders/employment. Inputs & Customization • BTC Source (Default: BITSTAMP:BTCUSD) • Fair Value MA Length (Default: 24 months) • Show S&P (Default: False) • PMI Multiplier (Default: 3.0) • BTC Momentum Multiplier (Default: 0.15) • Cap BTC Momentum at ±100 (Default: True) • Toggle Early Cross Arrows, Bar/Background Deviation Colors, Difference Histogram
Pine Script® göstergesi
FR33FA11 tarafından
Bull/Bear vs Base vs Index (% Change Spread)Visualizes the performance gap ("Beta Decay") between 3x Leveraged ETFs (SOXL/SOXS) and their underlying sector (SOXX), relative to the S&P 500 (SPY). This indicator is designed for traders who trade leveraged products (like SOXL/SOXS, TQQQ/SQQQ) and need to see true relative strength beyond simple price action. It calculates the percentage change over a user-defined lookback period for four instruments: Base (1x): The sector benchmark (Default: SOXX). Bull (3x): The leveraged long ETF (Default: SOXL). Bear (-3x): The leveraged inverse ETF (Default: SOXS). Index: The broad market zero-line (Default: SPY). It then plots the Spread to reveal the health of the trend: Bull Spread (Green Line): Bull % - Base % Bear Spread (Red Line): Bear % - Base % Base vs Index (Filled Area): Base % - SPY % 🧠 The Logic: Why Use Spreads? In a perfectly efficient trending market, a 3x Bull ETF should move exactly 300% of the underlying asset. However, in choppy or volatile markets, volatility decay (beta slippage) causes leveraged ETFs to underperform mathematically. Positive Spread: The leveraged ETF is successfully capturing momentum (The "Sweet Spot"). Negative Spread: The leveraged ETF is suffering from drag or the underlying asset is chopping. 📈 Recommended Trading Plan Note: This indicator works best as a filter for entry conditions, not a standalone signal. Always use proper risk management. Strategy A: The "Clean Trend" (Momentum) Goal: Enter a 3x position only when volatility drag is minimal. 1. Bull Signal: Condition 1: The Base vs Index (Area) is Green (Sector is outperforming SPY). Condition 2: The Bull Spread (Green Line) is Positive (> 0). Why: This confirms the sector is strong AND the 3x ETF is amplifying that move efficiently without decay eating the profits. 2. Bear Signal: Condition 1: The Base vs Index (Area) is Red (Sector is lagging SPY). Condition 2: The Bear Spread (Red Line) is Positive (> 0). Why: This confirms the sector is crashing and the Bear ETF is successfully capturing the downside momentum. Strategy B: The "Decay Avoidance" (Cash is King) Goal: Avoid leveraged funds during chop. Condition: If BOTH the Bull Spread and Bear Spread are Negative (< 0) (below the zero line). Action: Stay in Cash or trade the 1x underlying (SOXX) only. Why: When both spreads are negative, it mathematically proves that the market is too choppy for leverage. Both the Long and Short leveraged funds are losing value relative to the underlying asset. Features: Pine Script® v6: Updated for the latest engine performance and visuals. Dashboard Table: Real-time percentage spreads displayed directly on the chart (customizable position). Fully Customizable: Works on any sector (e.g., set inputs to QQQ/TQQQ/SQQQ for Tech). Disclaimer: Trading leveraged ETFs involves significant risk. This script is for educational purposes only.
Pine Script® göstergesi
heliav8r tarafından
Williams %RDescription This is a modified version of the classic Williams %R oscillator, adapted for markets with defined trading sessions (e.g., FTSEMIB, DAX, US stocks, etc.). It adjusts the lookback period based on the actual trading session length, making it more accurate on intraday timeframes. Key Features Session Adjustment: Automatically scales the period to trading days (default: 8.5 hours for FTSEMIB, DAX, CAC; customizable for any market). Formula (classic Williams %R): %R = 100 × (Close - Highest High) / (Highest High - Lowest Low) over a user-defined period (default 14 days). Standard Levels: -20 (overbought) -50 (middle line) -80 (oversold) Visual Enhancements: - Customizable colors for the line, levels, and background fill - Shaded overbought/oversold zone How to Use: Overbought (above -20): Potential sell signal or reversal (especially after a prolonged uptrend). Oversold (below -80): Potential buy signal or reversal (especially after a downtrend). Divergences: Look for bullish/bearish divergences between price and %R for early reversal warnings. Best Markets: Indices (FTSEMIB, DAX, SPX), stocks, futures. For 24/7 markets (crypto), set session duration to 24 hours. Timeframes: Works on intraday (15m, 1h, etc.) and daily charts. Customization Tips: - Adjust the period (shorter = more sensitive, longer = smoother). - Change session duration for different markets. - Customize colors to match your chart theme. Note: Williams %R is a momentum oscillator and should be used in combination with other tools (trendlines, support/resistance, volume). Always practice proper risk management.
Pine Script® göstergesi
fpsantoro tarafından
Volume OscillatorDescription The Volume Oscillator measures the momentum of trading volume by calculating the percentage difference between a fast and a slow Simple Moving Average (SMA) of daily volume. It helps traders identify periods of increasing or decreasing market participation, often signaling potential trend strength or exhaustion. Key Features: Adaptive to Trading Session: Automatically adjusts SMA periods based on the actual trading session length (default: 8.5 hours for FTSEMIB, customizable for any market — e.g., 6.5h for US stocks, 24h for crypto). Fast & Slow SMAs: Compares a short-term SMA (default 10 days) with a longer-term SMA (default 25 days) of volume. Oscillator Formula: 100 × (Fast SMA / Slow SMA - 1) → Positive values = increasing volume momentum (bullish) → Negative values = decreasing volume momentum (bearish) Signal Line (optional): A moving average of the oscillator (default 7 days) for smoother trend identification and crossover signals. Overbought/Oversold Levels: User-defined horizontal lines (default +40 / -40) to highlight extreme volume conditions. Customizable Colors: Change the oscillator and signal line colors to match your chart style. How to Interpret: Bullish Conditions: Oscillator crosses above the zero line Oscillator crosses above the signal line Readings near or above +40 may indicate strong buying pressure (watch for possible exhaustion if too extreme) Bearish Conditions: Oscillator crosses below the zero line Oscillator crosses below the signal line Readings near or below -40 may indicate selling pressure or capitulation Divergences: Look for divergences between price and the Volume Oscillator (e.g., price makes new highs but oscillator fails to confirm with higher highs) — a classic sign of weakening momentum. Best Use Cases: Indices (FTSEMIB, DAX, CAC, SPX, etc.), stocks and futures with defined trading hours, crypto (set session duration to 24 hours). Works well on intraday (e.g., 15m, 30m, 1h) and daily charts. Customization Tips: - Shorten fast/slow lengths for faster signals (more noise) - Lengthen them for smoother, longer-term analysis - Adjust session duration for non-standard market hours - Enable/disable the signal line in the settings Note: Volume data quality can vary by symbol and exchange. Always combine this indicator with price action and other tools. Use proper risk management.
Pine Script® göstergesi
fpsantoro tarafından
Relative StrengthDescription Relative Strength between a stock and a reference index (e.g., Intesa San Paolo vs. FTSEMIB). This indicator calculates the Relative Strength (RS) as either a simple ratio of the base symbol's close to the comparative symbol's close, or as a normalized ratio over a lookback period. It helps identify the relative performance of a stock against an index, which can signal intermediate trends when the RS is above its moving average. Key features: - Input for comparative symbol (default: FTSEMIB). - Option to toggle between simple ratio or ratio-over-time calculation. - Adjustable lookback period for the ratio-over-time method. - Optional display of a moving average on the RS line for trend analysis. Use it to compare a stock's strength to the market—rising RS may indicate outperformance. Script Overview This is a Relative Strength (RS) indicator for TradingView (written in Pine Script version 5). It compares the price performance of the current chart's symbol (e.g., a stock like Intesa San Paolo) against another symbol you choose (by default, the Italian index FTSEMIB). The goal is to show whether the stock is outperforming or underperforming the reference index. User Inputs (configurable in the settings panel) Comparative Symbol Default: FTSEMIB You can change it to any other ticker (e.g., SPX, DAX, etc.). Calculate RS as simple ratio (true) or ratio over time (false)? true (default): Simple ratio → current close of stock ÷ current close of index. false: Ratio of returns over a lookback period (more normalized, less affected by absolute price levels). Lookback Period (default 40 - weeks) Only used when the above option is set to false. Defines how many bars back to calculate the price change. Show Moving Average (default off) Optionally overlays a simple moving average on the RS line. Moving Average Period (default 40 - weeks) Length of the SMA when the MA is enabled. Typical Use CaseTraders often look for: Rising RS line → the stock is gaining strength vs. the index. RS crossing above its moving average → potential bullish signal for relative performance. Declining or falling RS → the stock is weakening vs. the broader market. In summary, this is a clean and flexible relative strength comparator that lets you quickly visualize how strongly (or weakly) a stock is performing compared to a benchmark index, with two different calculation methods to suit different analytical preferences.
Pine Script® göstergesi
fpsantoro tarafından
Global Net Liquidity w/offsetShows the value of Global Net Liquidity. Currently defined as: Fed + Japan + China + HK + UK + ECB - RRP - TGA where the first six components are central bank assets. This script has been heavily inspired by dharmatech 's Global Net Liquidity Original script can be viewed here: Special for this script: Hong Kong assets added Offset mode Smooth vs stepped line in lower than 1D time frame Switch between trillion USD or full number Defaults to overlay mode when added to chart For Bitcoin, 90 days, is a fitting offset. For SPX, around 60-70 days, is a fitting offset.
Pine Script® göstergesi
bkbjakdk tarafından