Open Close Daily LineThis will place circles on your chart for the opening daily price. If price is above, the circles are green. If price is below, the circles are red. I wanted to be able to see the opening price a bit easier while in smaller time frames.
I decided to add the previous daily closing line to the original script. Basically looking for good support / resistance
Komut dosyalarını "support resistance" için ara
[LAVA] UNO OverlayEDIT: Ignore the comments... I can't get the update to show due to hard brackets " " being censored for some reason.... but they show up in here so this is where the updates will show.
This is the Ultimate (Nonlinear) Oscillator in overlay format. Took me a while to figure out the best configuration and finally found this one. From what I've observed, this is basically a support/resistance line indicator. When the candle moves thru the supporting/resisting line, its a entry/exit point or an indicator that the opposite side should be targeted depending on the market condition. Ignore the wicks as they go thru the line constantly.
Go here to see updates...
pastebin.com
Multi-Timeframe 20 EMA Horizontal LinesOverview
This Multi-Timeframe 20 EMA indicator provides intelligent trend analysis by displaying your current timeframe EMA alongside relevant higher timeframe EMA levels as horizontal support/resistance lines. On lower timeframes, you see all higher EMA levels for comprehensive multi-timeframe confluence, while on higher timeframes, it filters out lower timeframe noise to maintain focus on macro trends. This allows traders to align short-term entries with long-term market structure, identifying high-probability setups where multiple timeframe EMAs converge while using the current timeframe EMA for precise timing.
Feature
Multi-Timeframe Horizontal EMA Lines
The indicator fetches and displays 20 EMAs from five higher timeframes:
Daily (D): Daily 20 EMA
Weekly (W): Weekly 20 EMA
Monthly (M): Monthly 20 EMA
Quarterly (Q): 3-Month 20 EMA
Half-Yearly (HY): 6-Month 20 EMA
Intelligent Timeframe Filtering
Smart Display Logic: Only shows EMAs from timeframes higher than your current chart timeframe
Prevents Redundancy: Automatically filters out lower timeframe EMAs to avoid clutter
Example: On a 4-hour chart, you'll see Daily, Weekly, Monthly, Quarterly, and Half-Yearly EMAs, but on a Weekly chart, you'll only see Weekly and higher timeframes
Half-Yearly (HY): 6-Month 20 EMA
Shows only current timeframe EMA with half-yearly horizontal line, filtering out all lower timeframes.
Quarterly (Q): 3-Month 20 EMA
Displays current timeframe EMA with quarterly and higher horizontal lines, hiding monthly, weekly, and daily EMAs.
Monthly (M): Monthly 20 EMA
Shows current timeframe EMA with monthly and higher horizontal EMAs, excluding weekly and daily timeframes.
Weekly (W): Weekly 20 EMA
Displays current timeframe EMA with weekly and higher horizontal EMA lines, filtering out daily timeframe.
Daily (D):
Shows current timeframe EMA with all higher timeframe horizontal EMAs (daily, weekly, monthly, quarterly, half-yearly).
Note: Make sure to enable Price-Line in Style Settings after Importing Script.
Bollinger Bands Trading Signals with Win Rate AnalysisAdvanced Bollinger Bands Analysis System
English Description
This comprehensive Bollinger Bands analysis system incorporates multiple advanced techniques beyond basic price crossings, providing a sophisticated approach to market analysis and signal generation.
Advanced Analysis Methods:
Multi-Level Bollinger Bands
Inner Bands (1σ): Early warning zones
Standard Bands (2σ): Traditional support/resistance
Outer Bands (2.5σ): Extreme levels
BB Width Analysis
Measures market volatility in real-time
Percentile ranking over 100 periods
Identifies low volatility periods before breakouts
Percent B (%B) Indicator
Shows price position within BB range (0-100%)
More precise than simple band touches
Values >80% = overbought, <20% = oversold
Bollinger Squeeze Detection
Identifies periods of extremely low volatility
Predicts imminent large price moves
Automatic squeeze ending alerts
Pattern Recognition
W Pattern: Double bottom at lower band (bullish reversal)
M Pattern: Double top at upper band (bearish reversal)
Band bounce detection with threshold filtering
Multi-Timeframe Confirmation
Higher timeframe trend filter
Reduces false signals in counter-trend setups
Signal Generation Strategies:
Basic Crosses: Traditional band crossing signals
BB Width: Volatility-based entry timing
Percent B: Precise overbought/oversold signals
Squeeze Breakout: Post-consolidation momentum
Pattern Recognition: Reversal pattern signals
Advanced Combined: Multi-factor confirmation system
Key Features:
Real-time %B and BB Width monitoring
Squeeze status visualization
Pattern recognition with visual markers
Comprehensive win rate statistics for each method
Multi-timeframe analysis capabilities
Volume confirmation filtering
中文介绍
这是一个全面的布林带分析系统，融合了超越基础价格穿越的多种高级技术，提供了复杂的市场分析和信号生成方法。
高级分析方法：
多层布林带
内轨（1σ）：早期预警区域
标准轨（2σ）：传统支撑阻力
外轨（2.5σ）：极端水平
布林带宽度分析
实时测量市场波动性
100周期百分位排名
识别突破前的低波动期
%B指标
显示价格在布林带范围内的位置（0-100%）
比简单的轨道触及更精确
数值>80%=超买，<20%=超卖
布林带挤压检测
识别极低波动性期间
预测即将到来的大幅价格变动
自动挤压结束警报
形态识别
W型：下轨双底（看涨反转）
M型：上轨双顶（看跌反转）
带阈值过滤的轨道反弹检测
多时间周期确认
更高时间周期趋势过滤
减少逆趋势设置中的假信号
信号生成策略：
基础穿越：传统轨道穿越信号
布林带宽度：基于波动性的入场时机
%B指标：精确的超买超卖信号
挤压突破：整理后动量信号
形态识别：反转形态信号
高级组合：多因子确认系统
核心特性：
实时%B和布林带宽度监控
挤压状态可视化
带可视标记的形态识别
每种方法的全面胜率统计
多时间周期分析能力
成交量确认过滤
应用场景：
波动性交易：利用挤压期后的爆发
均值回归：在极端位置寻找反转
趋势跟踪：通过%B和宽度确认趋势
风险管理：基于统计数据优化策略
市场状态分析：全面了解当前市场环境
Euclidean Range [InvestorUnknown]The Euclidean Range indicator visualizes price deviation from a moving average using a geometric concept Euclidean distance. It helps traders identify trend strength, volatility shifts, and potential overextensions in price behavior.
Euclidean Distance
Euclidean distance is a fundamental concept in geometry and machine learning. It measures the "straight-line distance" between two points in space. In time series analysis, it can be used to measure how far one sequence deviates from another over a fixed window.
euclidean_distance(src, ref, len) =>
var float sum_sq_diff = na
sum_sq_diff := 0.0
for i = 0 to len - 1
diff = src - ref
sum_sq_diff += diff * diff
math.sqrt(sum_sq_diff)
In this script, we calculate the Euclidean distance between the price (source) and a smoothed average (reference) over a user-defined window. This gives us a single scalar that reflects the overall divergence between price and trend.
How It Works
Moving Average Calculation: You can choose between SMA, EMA, or HMA as your reference line. This becomes the "baseline" against which the actual price is compared.
Distance Band Construction: The Euclidean distance between the price and the reference is calculated over the Window Length. This value is then added to and subtracted from the average to form dynamic upper and lower bands, visually framing the range of deviation.
Distance Ratios and Z-Scores: Two distance ratios are computed: dist_r = distance / price (sensitivity to volatility); dist_v = price / distance (sensitivity to compression or low-volatility states)
Both ratios are normalized using a Z-score to standardize their behavior and allow for easier interpretation across different assets and timeframes.
Z-Score Plots: Z_r (white line) highlights instances of high volatility or strong price deviation; Z_v (red line) highlights low volatility or compressed price ranges.
Background Highlighting (Optional): When Z_v is dominant and increasing, the background is colored using a gradient. This signals a possible build-up in low volatility, which may precede a breakout.
Use Cases
Detect volatile expansions and calm compression zones.
Identify mean reversion setups when price returns to the average.
Anticipate breakout conditions by observing rising Z_v values.
Use dynamic distance bands as adaptive support/resistance zones.
Notes
The indicator is best used with liquid assets and medium-to-long windows.
Background coloring helps visually filter for squeeze setups.
Disclaimer
This indicator is provided for speculative analysis and educational purposes only. It is not financial advice. Always backtest and evaluate in a simulated environment before live trading.
Market Pulse ProMarket Pulse Pro (Pulse‑X) — User Guide
Market Pulse Pro, also known as Pulse‑X, is an advanced momentum indicator that combines SMI, Stochastic RSI, and a smoothed signal line to identify zones of buying and selling strength in the market. It is designed to assess the balance of power between bulls and bears with clear visualizations.
How It Works
The indicator calculates three main components:
SMI (Stochastic Momentum Index) – measures price position relative to its recent range.
Stochastic RSI – captures overbought/oversold extremes of the RSI.
Smoothed Signal Line – based on closing price, smoothed using various methods (such as HMA, EMA, etc.).
Each component is normalized to create two final values:
Bull Herd (Buying Strength) – green line.
Bear Winter (Selling Strength) – red line.
Interpretation
Bull Herd (high green values): Bulls dominate the market. May indicate the start or continuation of an uptrend.
Bear Winter (high red values): Bears dominate. May indicate reversal or continuation of a downtrend.
Convergence around 50%: Market is balanced. Signals are weaker or indecisive.
Tip: Combine with price action analysis or support/resistance levels to confirm entries.
Customizable Settings
You can adjust:
SMI Period, Smooth K, and D – control the sensitivity of the SMI.
RSI Period – sets the RSI calculation window.
Signal Period – period for the price-based signal line.
Smoothing Methods – choose between HMA, EMA, WMA, JMA, SMMA, etc.
Line Width – thickness of the plotted lines.
Note: The JMA (Jurik Moving Average) used in this script is not the original proprietary version.
It is a custom public version, based on open-source code shared by the TradingView community.
The original JMA is copyrighted and owned by Jurik Research.
How to Use It in Practice
Buy Entries
When the green Bull Herd line crosses above 60 and the red Bear Winter line falls below 40.
Entry is more reliable if the green line is rising steadily.
Sell Entries
When the red Bear Winter line crosses above 60 and the green Bull Herd line falls.
Signals are stronger when there is a clear crossover and divergence between the two lines.
Avoid trading near the neutral zone (~50%), where the market shows indecision.
Additional Tips
Combine with volume analysis or reversal candlestick patterns for higher accuracy.
Test different smoothing methods: HMA is more responsive, SMMA is smoother and slower.
Volume Profile - EdzVolume Profile – Edz is a lightweight indicator that identifies the top high-volume price levels over a recent range of candles, using customizable price binning (priceStep) and lookback length. It highlights the top N volume clusters with horizontal lines, labels, and strength-based star ratings (★–★★★), and displays a compact summary table showing price, volume, and relative strength. Optimized for intraday and short-term trading, this tool updates only on the latest bar for maximum performance and is ideal for spotting volume-based support, resistance, and high-confluence trading zones.
Blue Whale Trade StrategyThe Blue Whale Trade Strategy indicator determines the current support/resistance levels of the parity based on candle movements and keeps them constantly updated for the last 301 candles.
MACD-TITANIndicator Description: MACD-TITAN
MACD-TITAN is an enhanced version of the traditional MACD (Moving Average Convergence Divergence) indicator. It features a modern visual design, vibrant colors, and a clear interpretation of market momentum. The indicator is designed to help traders identify trend strength and potential reversals more effectively.
Configurable Parameters (default values)
Fast Length: 12 – period of the fast moving average
Slow Length: 26 – period of the slow moving average
Signal Smoothing: 9 – smoothing period for the signal line
These settings determine how sensitive the indicator is to price changes and can be adjusted to fit different trading styles.
Visual Interpretation
Strong Green Histogram: bullish momentum increasing
Weak Green Histogram: bullish momentum weakening
Strong Red Histogram: bearish momentum increasing
Weak Red Histogram: bearish momentum weakening
Additional lines:
MACD Line (turquoise): represents current trend momentum
Signal Line (orange): used for crossover confirmations with the MACD line
Built-in Alerts
The indicator includes two native alert conditions:
When the histogram crosses from positive to negative: possible start of a bearish trend
When the histogram crosses from negative to positive: possible start of a bullish trend
These alerts help traders track key momentum shifts.
Usage Tips
This indicator can be used both for spotting potential reversals and for tracking the strength of an ongoing trend. For better reliability, it is recommended to combine it with other tools such as support/resistance levels, RSI, or volume analysis.
Year/Quarter Open LevelsDeveloped by ADEL CEZAR and inspired by insights from ERDAL Y, this indicator is designed to give traders a clear edge by automatically plotting the Yearly Open and Quarterly Open levels — two of the most critical institutional reference points in price action.
These levels often act as magnets for liquidity, bias confirmation zones, and support/resistance pivots on higher timeframes. With customizable settings, you can display multiple past opens, fine-tune label positions, and align your strategy with high-timeframe structure — all in a lightweight, non-intrusive design.
If you follow Smart Money Concepts (SMC), ICT models, or build confluence using HTF structures and range theory, this script will integrate seamlessly into your workflow.
aiQ - 10min Crypto Pro - v2aiQ - 10min Crypto Pro - v2
Professional-grade indicator specifically designed for 10-minute binary options trading on cryptocurrency pairs. Uses a 6-point confluence scoring system combining RSI divergences, VWMA trend ribbon, dynamic support/resistance, volume analysis, and momentum filters to identify high-probability CALL/PUT entries.
Key Features:
Two-tier signal system: ★ for premium setups (70% win rate), standard for regular trades (60% win rate)
Built-in money management calculator showing exact position sizing
Session filter highlights optimal trading hours (default: 08:00-22:00 UTC)
Real-time dashboard displays signal strength, trend, RSI, volume conditions
Automatic filtering of low-volume periods to avoid manipulation zones
Optimized for Speed: All parameters fine-tuned for 10-minute expiry times - faster RSI (9), responsive VWMA ribbon (3/8/13), and quick divergence detection. Includes alerts for both signal tiers.
Best Use: Wait for ★ signals with 4+ confluence score during active session hours. Never trade during "DRY" volume conditions. Position size based on 2% risk per trade (adjustable).
Note: This indicator provides signals only - actual binary options execution must be done through your broker platform.
Enhanced MFI Divergence with Pivot SignalsEnhanced MFI Divergence with Pivot Signals
This custom Pine Script indicator identifies bullish and bearish divergences between price action and the Money Flow Index (MFI), enhancing the trader's ability to spot potential reversal zones with visual clarity and optional confirmation filters.
📊 Key Features:
🔹 MFI Divergence Detection
The script detects:
Bullish divergence when price forms a lower low but MFI forms a higher low.
Bearish divergence when price forms a higher high but MFI forms a lower high.
🔹 Pivot-Based Logic
To ensure high-confidence signals, the script uses pivot point logic to mark local highs and lows on both price and MFI. This avoids noise and focuses only on meaningful swing points.
🔹 Optional Confirmation Filter
You can enable a filter that checks if MFI is above 50 during bullish divergence (implying buying pressure) and below 50 for bearish divergence (implying selling pressure), adding an extra layer of confirmation.
🔹 Signal Markers
Signals are visually displayed on the chart using colored triangles:
Green triangle up for bullish divergence
Red triangle down for bearish divergence
🔹 Background Color Shading
The background is optionally shaded green or red based on MFI’s relationship to its smoothed WMA, helping you visually interpret trend bias.
🔹 Pivot Point Debugging Tools
Circles and crosses mark pivot points on price and MFI for debugging and visual clarity.
🔹 Alerts Ready
Real-time alerts notify you instantly when a bullish or bearish MFI divergence occurs, allowing for quick decision-making.
⚙️ How It Helps
This indicator is designed to help traders:
Anticipate price reversals by identifying hidden strength or weakness in momentum,
Avoid false breakouts,
Confirm entries or exits based on volume-weighted momentum divergence.
It works especially well when used alongside trend-following tools like moving averages, support/resistance zones, or additional volume indicators.
HA Reversal StrategyCertainly! Here's a detailed **description (elaboration)** for the **"HA Candle Test"** (i.e., the Heikin Ashi strategy script I just gave you):
---
### 📌 **Script Name**: HA Candle Test
### 📖 **Description**:
This script visualizes **Heikin Ashi candles** and identifies **trend reversal signals** using classic momentum candle behavior — particularly the appearance of **no-wick candles**, which are known to reflect strong directional pressure in Heikin Ashi charts.
It aims to **capture high-probability trend reversals** with minimal noise, relying on the natural smoothing behavior of Heikin Ashi candles.
---
### ✅ **Buy Signal Conditions**:
* At least **two consecutive red Heikin Ashi candles** (indicating a short-term downtrend).
* Followed by a **green Heikin Ashi candle** that has **no lower wick** (i.e., open == low).
* This suggests that **buyers have taken full control**, with no push from sellers — a potential start of an uptrend.
📍 **Interpreted as**: “Market was selling off, but now buyers stepped in strongly — time to consider buying.”
---
### ✅ **Sell Signal Conditions**:
* At least **two consecutive green Heikin Ashi candles** (short-term uptrend).
* Followed by a **red Heikin Ashi candle** that has **no upper wick** (i.e., open == high).
* This implies **sellers are dominating**, with no attempt from buyers to push higher — possible start of a downtrend.
📍 **Interpreted as**: “Market was rallying, but sellers just took over decisively — time to consider selling.”
---
### 📊 **Visual Aids Included**:
* Plots **Heikin Ashi candles** on your main chart for clarity.
* Uses **Buy** and **Sell** label markers (green & red) at signal points.
* Compatible with any timeframe — higher timeframes typically yield stronger signals.
---
### 💡 **Suggested Use**:
* Combine with **support/resistance**, **volume**, or **trend filters** for more robust setups.
* Works well on **1H, 4H, and Daily charts** in trending markets.
* Can be used manually or turned into an automated strategy for backtesting or alerts.
---
Would you like this script packaged as a **strategy()** for backtesting, or would you like me to add **alerts** so you can get notified in real-time when signals appear?
Cluster Proximity Table: Price, EMA20 & SMA200Spot significant confluence points at a glance! This script generates a dynamic table indicating if Price, its 20-period Exponential Moving Average (EMA20), and 200-period Simple Moving Average (SMA200) are tightly clustered across four different timeframes (5m, 15m, 1H, Daily). A green "✅ Yes" means all three are within a customizable percentage of each other, highlighting areas of potential support/resistance or market equilibrium.
High Volume + High Price Change Candles (Relative to Volume SMA)The indicator marks days on which high volume was accompanied by high price change. Important to see where there was aggressive buying or selling. The High and Low of these candles may act as crucial support/resistance price points for a better interpretation of the price action.
VWAP&5EMA📘 VWAP + 5 EMA Combo
This indicator provides a clean and modular framework for tracking key moving averages and VWAP levels. Ideal for intraday and swing traders, it allows full control over which components to display.
✅ Features:
Rolling VWAP – volume-weighted moving average over a custom period
Session VWAP – standard intraday VWAP
Daily EMA (D1) – from higher timeframe
Intraday EMA – based on current chart
5 Custom EMAs – fully adjustable and individually toggleable (default: 9, 21, 50, 100, 200)
🎯 Use Case:
Quickly assess dynamic support/resistance, confluence zones, and trend alignment across timeframes – without clutter. All lines are optional and independently configurable.
Liquidity mark-out indicator(by Lumiere)This indicator marks out every High that has a bullish candle followed by a bearish one, vice versa for lows.
Once the price reaches the marked-out liquidity, the line is removed automatically.
This indicator only shows the current liquidity of the time frame you are at.
(To get it look like the picture just chance the length to 30-50)
Key Features of the Liquidity Mark-Out Indicator:
🔹 Identifies Liquidity Zones – Marks highs and lows based on candlestick patterns.
🔹 Customizable Settings – Toggle highs/lows visibility 🎚️, adjust line colors 🎨, and set line length (bars) 📏.
🔹 Smart Clean-Up – Automatically removes swept levels (when price breaks through) for a clean chart 🧹.
🔹 Pattern-Based Detection –
Highs: Detects two-candle reversal patterns (🟢 bullish close → 🔴 bearish close).
Lows: Detects two-candle reversal patterns (🔴 bearish close → 🟢 bullish close).
🔹 Dynamic Lines – Projects liquidity levels forward (adjustable length) to track key zones 📈.
Perfect For Traders Looking To:
✅ Spot potential liquidity grabs 🎯
✅ Identify key support/resistance levels 🛑
✅ Clean up their chart from outdated levels 🖥️
Daily Open Line (9:30-16:00)This indicator automatically plots a horizontal line at each day's opening price during regular trading hours (9:30 AM to 4:00 PM, US Eastern Time).
The line starts exactly at the opening bar of the day and ends at the close (16:00).
Each day, a new line is drawn, making it easy to visualize and reference the daily open price throughout the session.
Useful for intraday traders to identify key support/resistance and monitor price action relative to the open.
You can customize the color, line width, and whether to display the open price label.
Breakout Scanner with VWAP + RSI + MACD + Volume SpikePRICE & MOVING AVERAGES
🟠 MA(10), MA(50), MA(200)
Purpose: Track price trends over different time horizons
MA10 – Very short-term trend (micro pullbacks)
MA50 – Intermediate trend (support/resistance)
MA200 – Long-term sentiment (bullish or bearish overall)
Use: Crossovers indicate trend reversals. E.g., MA10 < MA50 = bearish.
📉 EMA(9), EMA(12), EMA(34)
EMA = Exponential Moving Average
Reacts faster than MA, used for quick entries/exits
Common Strategy: EMA 9 crossing below EMA 34 → short signal
You’re currently in a downtrend, as all EMAs slope down and price is below them.
🔵 VWAP (Volume Weighted Average Price)
Purpose: Institutional benchmark
Traders use VWAP as a mean reversion level.
If price is below VWAP → bearish control; above → bullish control.
In your chart: QQQ is below VWAP, suggesting institutional selling.
📊 BOLL(20) = Bollinger Bands
Tracks volatility using 20-period MA ± 2 std. dev.
Bands widen when volatility increases.
In your chart: Price is riding the lower band → bearish pressure
🔁 RSI(14) = Relative Strength Index
Measures momentum
Ranges from 0 to 100
Above 70 = Overbought
Below 30 = Oversold
Current RSI is around 30–40, suggesting weak momentum, near oversold
📉 MACD (12, 26, 9)
MACD Line (blue) = 12EMA - 26EMA
Signal Line (red) = 9 EMA of MACD line
Histogram = MACD – Signal
When MACD crosses below Signal line → bearish
Your chart: Histogram is red and increasing → bearish strength increasing
✅ SUMMARY FOR QQQ CHART (LIVE INTERPRETATION)
Indicator Reading Signal
MA/EMA All sloping down ❌ Bearish
VWAP Price below VWAP ❌ Bearish
Bollinger Price hugging lower band ❌ Bearish
RSI(14) ~30-40 ⚠️ Weak
MACD Red histogram growing ❌ Bearish
Would you like me to generate a script-based trade signal system combining EMA + RSI + MACD for QQQ intraday calls/puts?
Curved Trend Channels (Zeiierman)█ Overview
Curved Trend Channels (Zeiierman) is a next-generation trend visualization tool engineered to adapt dynamically to both linear and non-linear market behavior. It introduces a novel curvature-based channeling system that grows over time during trending conditions, mirroring the natural acceleration of price trends, while simultaneously leveraging adaptive range filtering and dual-layer candle trend logic.
This tool is ideal for traders seeking smooth yet reactive dynamic channels that evolve with market structure. Whether used in curved mode or traditional slope mode, it provides exceptional clarity on trend transitions, volatility compression, and breakout development.
█ How It Works
⚪ Adaptive Range Filter Foundation
The core of the system is a volatility-based range filter that determines the underlying structure of the bands:
Pre-Smoothing of High/Low Data – Highs and lows are smoothed using a selectable moving average (SMA, EMA, HMA, KAMA, etc.) before calculating the volatility range.
Volatility Envelope – The range is scaled using a fixed factor (2.618) and further adjusted by a Band Multiplier to form the primary envelope around price.
Smoothed Volatility Curve – Final bands are stabilized using a long lookback, ensuring clean visual structure and trend clarity.
⚪ Curved Channel Logic
In Curved Mode, the trend channel grows over time when the trend direction remains unchanged:
Base Step Size (× ATR) – Sets the minimum unit of slope change.
Growth per Bar (× ATR) – Defines the acceleration rate of the channel slope with time.
Trend Persistence Recognition – The longer a trend persists, the more pronounced the slope becomes, mimicking real market accelerations.
This dynamic, time-dependent logic enables the channel to "curve" upward or downward, tracking long-standing trends with increasing confidence.
⚪ Trend Slope
As an alternative to curved logic, traders can activate a regular Trend slope using:
Slope Length – Determines how quickly the trend line adapts to price shifts.
Multiplicative Factor – Amplifies the sensitivity of the slope, useful in fast-moving markets or lower timeframes.
⚪ Candle Trend Confirmation
A robust second-layer trend detection method, the Candle Trend System evaluates directional pressure by analyzing smoothed price action:
Multi-tier Smoothing – Trend lines are derived from short-, medium-, and long-term candle movement.
█ How to Use
⚪ Trend Identification
When the Trend Line direction and Candle Colors are in agreement, this indicates strong, persistent directional conviction. Use these moments to enter with trend confirmation and manage risk more confidently.
⚪ Retest
During ongoing trends, the price will often pull back into the dynamic channel. Look for:
Support/resistance interactions at the upper or lower bands.
█ Settings
Scaled Volatility Length – Controls the historical depth used to stabilize the volatility bands.
Smoothing Type – Choose from HMA, KAMA, VIDYA, FRAMA, Super Smoother, etc. to match your asset and trading style.
Volatility MA Length – Smoothing length for the calculated range; shorter = more reactive.
High/Low Smoother Length – Additional smoothing to reduce noise from spikes or false pivots.
Band Multiplier – Widens or tightens the band range based on personal preference.
Enable Curved Channel – Toggle between curved or regular trend slope behavior.
Base Step (× ATR) – The starting point for curved slope progression.
Growth per Bar (× ATR) – How much the slope accelerates per bar during a sustained trend.
Slope – Reactivity of the standard trend line to price movements.
Multiplicative Factor – Sensitivity adjustment for HyperTrend slope.
Candle Trend Length – Lookback period for trend determination from candle structure.
-----------------
Disclaimer
The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
PLR-Z For Loop🧠 Overview
PLR-Z For Loop is a trend-following indicator built on the Power Law Residual Z-score model of Bitcoin price behavior. By measuring how far price deviates from a long-term power law regression and applying a custom scoring loop, this tool identifies consistent directional pressure in market structure. Designed for BTC, this indicator helps traders align with macro trends.
🧩 Key Features
Power Law Residual Model: Tracks deviations of BTC price from its long-term logarithmic growth curve.
Z-Score Normalization: Applies long-horizon statistical normalization (400/1460 bars) to smooth residual deviations into a usable trend signal.
Loop-Based Trend Filter: Iteratively scores how often the current Z-score exceeds prior values, emphasizing trend persistence over volatility.
Optional Smoothing: Toggleable exponential smoothing helps filter noise in choppier market conditions.
Directional Regime Coloring: Aqua (bullish) and Red (bearish) visuals reinforce trend alignment across plots and candles.
🔍 How It Works
Power Law Curve: Price is compared against a logarithmic regression model fitted to historical BTC price evolution (starting July 2010), defining structural support, resistance, and centerline levels.
Residual Z-Score: The residual is calculated as the log-difference between price and the power law center.
This residual is then normalized using a rolling mean (400 days) and standard deviation (1460 days) to create a long-term Z-score.
Loop Scoring Logic:
A loop compares the current Z-score to a configurable number of past bars.
Each higher comparison adds +1, and each lower one subtracts -1.
The result is a trend persistence score (z_loop) that grows with consistent directional momentum.
Smoothing Option: A user-defined EMA smooths the score, if enabled, to reduce short-term signal noise.
Signal Logic:
Long signal when trend score exceeds long_threshold.
Short signal when score drops below short_threshold.
Directional State (CD): Internally manages the current market regime (1 = long, -1 = short), controlling all visual output.
🔁 Use Cases & Applications
Macro Trend Alignment: Ideal for traders and analysts tracking Bitcoin’s structural momentum over long timeframes.
Trend Persistence Filter: Helps confirm whether the current move is part of a sustained trend or short-lived volatility.
Best Suited for BTC: Built specifically on the BNC BLX price history and Bitcoin’s power law behavior. Not designed for use with other assets.
✅ Conclusion
PLR-Z For Loop reframes Bitcoin’s long-term power law model into a trend-following tool by scoring the persistence of deviations above or below fair value. It shifts the focus from valuation-based mean reversion to directional momentum, making it a valuable signal for traders seeking high-conviction participation in BTC’s broader market cycles.
⚠️ Disclaimer
The content provided by this indicator is for educational and informational purposes only. Nothing herein constitutes financial or investment advice. Trading and investing involve risk, including the potential loss of capital. Always backtest and apply risk management suited to your strategy.
TPG Trend + MACDUser Guide for "TPG Trend + MACD"
Author: TrungChuThanh
🔎 Main Functions
The TPG Trend + MACD indicator is a combined tool that integrates:
TPG Trend Histogram (spread between fast and slow EMA)
MACD Line & Signal for confirming trend momentum
Buy/Sell signals displayed directly on the indicator panel
⚙️ Components and Meaning
1️⃣ TPG Trend Histogram
Calculated from the difference between Fast EMA (9) and Slow EMA (26).
Light gray bars = bullish trend (spread > 0)
Dark gray bars = bearish trend (spread < 0)
Signal triggers:
B1 (green label): Crossover above 0 → Buy signal
S1 (red label): Crossunder below 0 → Sell signal
2️⃣ MACD Line & Signal
Consists of:
MACD Line = EMA(12) – EMA(26)
Signal Line = EMA(9) of the MACD Line
Confirmation signals:
B2 (blue triangle): MACD crosses above Signal → Buy confirmation
S2 (orange triangle): MACD crosses below Signal → Sell confirmation
MACD Line: Blue
Signal Line: Orange
📌 How to Use
Determine the main trend using the TPG Histogram
→ When the histogram crosses above zero → Consider Buy
→ When it crosses below zero → Consider Sell
Use MACD to confirm trend direction or optimize entry timing
✅ Prefer signals when both TPG and MACD align (e.g., B1 + B2 or S1 + S2)
⚠️ Avoid using the indicator alone; combine with support/resistance, RSI, volume, or other tools for higher accuracy
🛠️ Adjustable Parameters
Fast/Slow EMA for TPG Trend
Fast/Slow/Signal for MACD
Toggle to show/hide TPG and MACD elements in the panel
⚠️ Notes
This is a technical analysis tool, not investment advice
Always apply risk management, set clear stop-loss, and confirm signals across multiple timeframes
Multi-Timeframe Horizontal LinesMulti-Timeframe Horizontal Lines - User Guide
This indicator draws horizontal support/resistance lines based on opening prices at specific New York times, regardless of your chart's timezone.
How to Use:
Enter up to 4 custom times in NY timezone using HH:MM format (e.g., "09:30", "14:00", "20:00")
Lines automatically capture the opening price when each specified time hits
Toggle the After-Hours Day Open line (6 PM NY start) on/off as needed
Key Features:
Evening Times (16:00-23:59): Lines extend overnight until next day 3:59 PM NY
Morning/Day Times (00:00-15:59): Lines extend until same day 3:59 PM NY
Timezone Independent: Always uses NY time regardless of chart timezone
Clean Visualization: Lines appear with breaks during inactive periods
Perfect For:
Marking key session opens (Asian, London, NY)
Tracking overnight levels and gaps
Setting reference levels that persist across trading sessions
Simply input your desired NY times and let the indicator automatically manage when lines appear and disappear based on market sessions.
