5 EMA STRATEGY by Power of Stocks(StockYogi)5 EMA STRATEGY by Power of Stocks(StockYogi)
This is a 5 EMA Breakout Strategy inspired by the trading principles taught by Shubhashi Pani, founder of the Power of Stocks (POS) community.
The strategy is designed to:
• Detect breakout setups when price breaks the high/low of a signal candle (based on EMA conditions)
• Enter trades only if the breakout occurs within the next 3 candles
• Allow multiple trades in the same direction without closing the earlier one
• Use independent stop-loss (SL) and take-profit (TP) targets for each trade based on a user-defined risk-reward ratio
• Optionally enter trades only at candle close
• Optionally avoid trades during a custom time window (e.g., 3:00 PM to 3:30 PM IST)
• Optionally close all open positions at a defined time (e.g., 3:30 PM IST)
The goal of this strategy is to provide greater flexibility and realism for intraday or short-term traders following structured breakout systems.
Disclaimer: This script is an implementation of technical ideas for educational purposes only. It is not financial advice. All trading involves risk, and past performance does not guarantee future results.
Strategy Credits:
This strategy is based on publicly known breakout rules taught by Shubhashi Pani (Power of Stocks). This is not an official POS script, and I am not affiliated with the Power of Stocks team. This implementation was developed independently to follow the logic shared for educational use.
Feel free to use, backtest, and modify according to your needs. Constructive feedback is welcome!
"tp" için komut dosyalarını ara
Faytterro Bands Breakout📌 Faytterro Bands Breakout 📌
This indicator was created as a strategy showcase for another script: Faytterro Bands
It’s meant to demonstrate a simple breakout strategy based on Faytterro Bands logic and includes performance tracking.
❓ What Is It?
This script is a visual breakout strategy based on a custom moving average and dynamic deviation bands, similar in concept to Bollinger Bands but with unique smoothing (centered regression) and performance features.
🔍 What Does It Do?
Detects breakouts above or below the Faytterro Band.
Plots visual trade entries and exits.
Labels each trade with percentage return.
Draws profit/loss lines for every trade.
Shows cumulative performance (compounded return).
Displays key metrics in the top-right corner:
Total Return
Win Rate
Total Trades
Number of Wins / Losses
🛠 How Does It Work?
Bullish Breakout: When price crosses above the upper band and stays above the midline.
Bearish Breakout: When price crosses below the lower band and stays below the midline.
Each trade is held until breakout invalidation, not a fixed TP/SL.
Trades are compounded, i.e., profits stack up realistically over time.
📈 Best Use Cases:
For traders who want to experiment with breakout strategies.
For visual learners who want to study past breakouts with performance metrics.
As a template to develop your own logic on top of Faytterro Bands.
⚠ Notes:
This is a strategy-like visual indicator, not an automated backtest.
It doesn't use strategy.* commands, so you can still use alerts and visuals.
You can tweak the logic to create your own backtest-ready strategy.
Unlike the original Faytterro Bands, this script does not repaint and is fully stable on closed candles.
ATR Stop-Loss with Fibonacci Take-Profit [jpkxyz]ATR Stop-Loss with Fibonacci Take-Profit Indicator
This comprehensive indicator combines Average True Range (ATR) volatility analysis with Fibonacci extensions to create dynamic stop-loss and take-profit levels. It's designed to help traders set precise risk management levels and profit targets based on market volatility and mathematical ratios.
Two Operating Modes
Default Mode (Rolling Levels)
In default mode, the indicator continuously plots evolving stop-loss and take-profit levels based on real-time price action. These levels update dynamically as new bars form, creating rolling horizontal lines across the chart. I use this mode primarily to plot the rolling ATR-Level which I use to trail my Stop-Loss into profit.
Characteristics:
Levels recalculate with each new bar
All selected Fibonacci levels display simultaneously
Uses plot() functions with trackprice=true for price tracking
Custom Anchor Mode (Fixed Levels)
This is the primary mode for precision trading. You select a specific timestamp (typically your entry bar), and the indicator locks all calculations to that exact moment, creating fixed horizontal lines that represent your actual trade levels.
Characteristics:
Entry line (blue) marks your anchor point
Stop-loss calculated using ATR from the anchor bar
Fibonacci levels projected from entry-to-stop distance
Lines terminate when price breaks through them
Includes comprehensive alert system
Core Calculation Logic
ATR Stop-Loss Calculation:
Stop Loss = Entry Price ± (ATR × Multiplier)
Long positions: SL = Entry - (ATR × Multiplier)
Short positions: SL = Entry + (ATR × Multiplier)
ATR uses your chosen smoothing method (RMA, SMA, EMA, or WMA)
Default multiplier is 1.5, adjustable to your risk tolerance
Fibonacci Take-Profit Projection:
The distance from entry to stop-loss becomes the base unit (1.0) for Fibonacci extensions:
TP Level = Entry + (Entry-to-SL Distance × Fibonacci Ratio)
Available Fibonacci Levels:
Conservative: 0.618, 1.0, 1.618
Extended: 2.618, 3.618, 4.618
Complete range: 0.0 to 4.764 (23 levels total)
Multi-Timeframe Functionality
One of the indicator's most powerful features is timeframe flexibility. You can analyze on one timeframe while using stop-loss and take-profit calculations from another.
Best Practices:
Identify your entry point on execution timeframe
Enable "Custom Anchor" mode
Set anchor timestamp to your entry bar
Select appropriate analysis timeframe
Choose relevant Fibonacci levels
Enable alerts for automated notifications
Example Scenario:
Analyse trend on 4-hour chart
Execute entry on 5-minute chart for precision
Set custom anchor to your 5-minute entry bar
Configure timeframe setting to "4h" for swing-level targets
Select appropriate Fibonacci Extension levels
Result: Precise entry with larger timeframe risk management
Visual Intelligence System
Line Behaviour in Custom Anchor Mode:
Active levels: Lines extend to the right edge
Hit levels: Lines terminate at the breaking bar
Entry line: Always visible in blue
Stop-loss: Red line, terminates when hit
Take-profits: Green lines (1.618 level in gold for emphasis)
Customisation Options:
Line width (1-4 pixels)
Show/hide individual Fibonacci levels
ATR length and smoothing method
ATR multiplier for stop-loss distance
15-Min ORB Indicator with Breakout Targets **What this indicator does:**
The 15-Min ORB (Opening Range Breakout) Indicator helps traders spot breakout trades by automatically detecting the high and low of the first 15 minutes after a session opens. It then monitors for breakouts above or below this range and plots dynamic take-profit levels based on your chosen multipliers.
**How it works:**
You set the start time for your session (hour and minute) in the settings.
The indicator marks the high and low during the first 15 minutes after your chosen open time, drawing lines on the chart and, if enabled, labels for these levels.
If price breaks above the 15-min high, a potential long breakout is identified; if it breaks below the low, a potential short breakout is detected.
Upon a breakout, the script calculates the distance from the entry (breakout) to the opposite side of the 15-min range and uses your input multipliers to project two take-profit levels (TP1/TP2).
All lines and labels (for the range and targets) can be individually toggled on or off in the settings.
Both the 15-min range and the targets can be styled (color, line style, label position).
**How to use it:**
Add the indicator to your chart.
Set the session start hour and minute to match your instrument’s open (e.g., 9:30 for US stocks or futures).
Use the settings to customize which levels and labels are shown, their appearance, and the target expansion multiples.
When price breaks out above or below the opening range, the script will plot TP1 and TP2 lines at your chosen risk/reward multiples, and label them if desired.
You can use the visual levels for trade entries, profit taking, or alerts.
**What makes it unique and useful:** >
Unlike many basic ORB indicators, this script not only marks the opening range but also tracks breakouts, auto-plots your profit targets based on range expansion, and gives you full control over display (styles, toggles, and label positions).
The TP targets are dynamic and can be set to any multiples, adapting to your risk/reward plan and breakout style.
Everything is customizable for your own session times, instrument, or trading approach.
**Typical uses:**
Intraday traders looking for clear breakout setups around the session open.
Automated R-multiple target planning for both long and short trades.
Visualizing volatility and measuring early price expansion.
Live Breakout Zones (No Repaint)The Live Breakout Zones indicator is a non-repainting, real-time breakout detection tool designed to help traders identify critical price breakouts as they happen — without lag and without repainting past signals.
This indicator scans recent price action to determine the highest high and lowest low over a user-defined lookback period. When price closes above the recent high or below the recent low, it immediately plots a breakout zone on the chart and provides a visual confirmation through labels and optional alerts.
🔍 Key Features:
✅ No Repainting – Signals are locked in as soon as a breakout happens; no future bar confirmation is needed.
⏱️ Minimal Lag – Reacts on breakout of recent range highs/lows without waiting for pivots or candle confirmation.
📦 Breakout Zones – Automatically draws colored rectangles showing the breakout level and zone width for clearer analysis.
🔔 Real-Time Alerts – Alerts for both bullish and bearish breakouts help you stay informed without watching the screen.
⚙️ Customizable – Adjustable lookback length, zone width, and color settings to match your strategy or chart style.
📈 Use Cases:
Identify key breakout moments for entry or retest zones.
Confirm breakout-based strategies in trending or consolidating markets.
Use zones for setting risk-reward areas, SL/TP levels, or re-entry planning.
⚙️ Settings:
Lookback Range (High/Low): Defines how many previous bars are checked for breakout levels.
Zone Width: Number of bars to extend the breakout box forward.
Bullish/Bearish Zone Color: Choose custom colors for breakout visualization.
🧠 Trading Tip:
Combine this tool with volume spikes, tail candles, or support/resistance for more reliable breakout setups.
Multi-Confluence Swing Hunter V1# Multi-Confluence Swing Hunter V1 - Complete Description
Overview
The Multi-Confluence Swing Hunter V1 is a sophisticated low timeframe scalping strategy specifically optimized for MSTR (MicroStrategy) trading. This strategy employs a comprehensive point-based scoring system that combines optimized technical indicators, price action analysis, and reversal pattern recognition to generate precise trading signals on lower timeframes.
Performance Highlight:
In backtesting on MSTR 5-minute charts, this strategy has demonstrated over 200% profit performance, showcasing its effectiveness in capturing rapid price movements and volatility patterns unique to MicroStrategy's trading behavior.
The strategy's parameters have been fine-tuned for MSTR's unique volatility characteristics, though they can be optimized for other high-volatility instruments as well.
## Key Innovation & Originality
This strategy introduces a unique **dual scoring system** approach:
- **Entry Scoring**: Identifies swing bottoms using 13+ different technical criteria
- **Exit Scoring**: Identifies swing tops using inverse criteria for optimal exit timing
Unlike traditional strategies that rely on simple indicator crossovers, this system quantifies market conditions through a weighted scoring mechanism, providing objective, data-driven entry and exit decisions.
## Technical Foundation
### Optimized Indicator Parameters
The strategy utilizes extensively backtested parameters specifically optimized for MSTR's volatility patterns:
**MACD Configuration (3,10,3)**:
- Fast EMA: 3 periods (vs standard 12)
- Slow EMA: 10 periods (vs standard 26)
- Signal Line: 3 periods (vs standard 9)
- **Rationale**: These faster parameters provide earlier signal detection while maintaining reliability, particularly effective for MSTR's rapid price movements and high-frequency volatility
**RSI Configuration (21-period)**:
- Length: 21 periods (vs standard 14)
- Oversold: 30 level
- Extreme Oversold: 25 level
- **Rationale**: The 21-period RSI reduces false signals while still capturing oversold conditions effectively in MSTR's volatile environment
**Parameter Adaptability**: While optimized for MSTR, these parameters can be adjusted for other high-volatility instruments. Faster-moving stocks may benefit from even shorter MACD periods, while less volatile assets might require longer periods for optimal performance.
### Scoring System Methodology
**Entry Score Components (Minimum 13 points required)**:
1. **RSI Signals** (max 5 points):
- RSI < 30: +2 points
- RSI < 25: +2 points
- RSI turning up: +1 point
2. **MACD Signals** (max 8 points):
- MACD below zero: +1 point
- MACD turning up: +2 points
- MACD histogram improving: +2 points
- MACD bullish divergence: +3 points
3. **Price Action** (max 4 points):
- Long lower wick (>50%): +2 points
- Small body (<30%): +1 point
- Bullish close: +1 point
4. **Pattern Recognition** (max 8 points):
- RSI bullish divergence: +4 points
- Quick recovery pattern: +2 points
- Reversal confirmation: +4 points
**Exit Score Components (Minimum 13 points required)**:
Uses inverse criteria to identify swing tops with similar weighting system.
## Risk Management Features
### Position Sizing & Risk Control
- **Single Position Strategy**: 100% equity allocation per trade
- **No Overlapping Positions**: Ensures focused risk management
- **Configurable Risk/Reward**: Default 5:1 ratio optimized for volatile assets
### Stop Loss & Take Profit Logic
- **Dynamic Stop Loss**: Based on recent swing lows with configurable buffer
- **Risk-Based Take Profit**: Calculated using risk/reward ratio
- **Clean Exit Logic**: Prevents conflicting signals
## Default Settings Optimization
### Key Parameters (Optimized for MSTR/Bitcoin-style volatility):
- **Minimum Entry Score**: 13 (ensures high-conviction entries)
- **Minimum Exit Score**: 13 (prevents premature exits)
- **Risk/Reward Ratio**: 5.0 (accounts for volatility)
- **Lower Wick Threshold**: 50% (identifies true hammer patterns)
- **Divergence Lookback**: 8 bars (optimal for swing timeframes)
### Why These Defaults Work for MSTR:
1. **Higher Score Thresholds**: MSTR's volatility requires more confirmation
2. **5:1 Risk/Reward**: Compensates for wider stops needed in volatile markets
3. **Faster MACD**: Captures momentum shifts quickly in fast-moving stocks
4. **21-period RSI**: Reduces noise while maintaining sensitivity
## Visual Features
### Score Display System
- **Green Labels**: Entry scores ≥10 points (below bars)
- **Red Labels**: Exit scores ≥10 points (above bars)
- **Large Triangles**: Actual trade entries/exits
- **Small Triangles**: Reversal pattern confirmations
### Chart Cleanliness
- Indicators plotted in separate panes (MACD, RSI)
- TP/SL levels shown only during active positions
- Clear trade markers distinguish signals from actual trades
## Backtesting Specifications
### Realistic Trading Conditions
- **Commission**: 0.1% per trade
- **Slippage**: 3 points
- **Initial Capital**: $1,000
- **Account Type**: Cash (no margin)
### Sample Size Considerations
- Strategy designed for 100+ trade sample sizes
- Recommended timeframes: 4H, 1D for swing trading
- Optimal for trending/volatile markets
## Strategy Limitations & Considerations
### Market Conditions
- **Best Performance**: Trending markets with clear swings
- **Reduced Effectiveness**: Highly choppy, sideways markets
- **Volatility Dependency**: Optimized for moderate to high volatility assets
### Risk Warnings
- **High Allocation**: 100% position sizing increases risk
- **No Diversification**: Single position strategy
- **Backtesting Limitation**: Past performance doesn't guarantee future results
## Usage Guidelines
### Recommended Assets & Timeframes
- **Primary Target**: MSTR (MicroStrategy) - 5min to 15min timeframes
- **Secondary Targets**: High-volatility stocks (TSLA, NVDA, COIN, etc.)
- **Crypto Markets**: Bitcoin, Ethereum (with parameter adjustments)
- **Timeframe Optimization**: 1min-15min for scalping, 30min-1H for swing scalping
### Timeframe Recommendations
- **Primary Scalping**: 5-minute and 15-minute charts
- **Active Monitoring**: 1-minute for precise entries
- **Swing Scalping**: 30-minute to 1-hour timeframes
- **Avoid**: Sub-1-minute (excessive noise) and above 4-hour (reduces scalping opportunities)
## Technical Requirements
- **Pine Script Version**: v6
- **Overlay**: Yes (plots on price chart)
- **Additional Panes**: MACD and RSI indicators
- **Real-time Compatibility**: Confirmed bar signals only
## Customization Options
All parameters are fully customizable through inputs:
- Indicator lengths and levels
- Scoring thresholds
- Risk management settings
- Visual display preferences
- Date range filtering
## Conclusion
This scalping strategy represents a comprehensive approach to low timeframe trading that combines multiple technical analysis methods into a cohesive, quantified system specifically optimized for MSTR's unique volatility characteristics. The optimized parameters and scoring methodology provide a systematic way to identify high-probability scalping setups while managing risk effectively in fast-moving markets.
The strategy's strength lies in its objective, multi-criteria approach that removes emotional decision-making from scalping while maintaining the flexibility to adapt to different instruments through parameter optimization. While designed for MSTR, the underlying methodology can be fine-tuned for other high-volatility assets across various markets.
**Important Disclaimer**: This strategy is designed for experienced scalpers and is optimized for MSTR trading. The high-frequency nature of scalping involves significant risk. Past performance does not guarantee future results. Always conduct your own analysis, consider your risk tolerance, and be aware of commission/slippage costs that can significantly impact scalping profitability.
Simple Risk-to-Reward (R) Indicator (TP1–TP2)What this indicator does:
This tool helps traders clearly visualize their risk and reward on any trade by plotting their entry, stop loss, and take-profit (TP) levels directly on the chart. It’s designed to make manual trade planning more visual and systematic.
How it works:
You set your planned entry price, whether you want to plot a Long or Short setup, and your stop-loss distance (in ticks).
The indicator calculates your stop-loss level and automatically plots it on the chart.
It then draws take-profit levels at 1R and 2R (where “R” is your risk, the distance between entry and stop).
You can toggle the TP1 and TP2 lines on or off to suit your preference.
How to use it:
Open the settings and enter your intended entry price.
Select “Long Setup” for a buy trade, or turn it off for a sell/short trade.
Enter your desired stop loss in ticks.
Choose which take-profit levels to display by toggling TP1 and TP2.
The indicator will show entry, stop, and take-profit levels right on your chart so you can easily see your planned risk/reward.
What makes it unique and useful:
This indicator is designed for manual trade planning, giving you full control over your inputs and letting you instantly see your risk/reward on any instrument or timeframe. Unlike some built-in tools, it supports both long and short trades, lets you set all levels manually, and keeps your charts clean and easy to interpret.
US30 Stealth StrategyOnly works on US30 (CAPITALCOM) 5 Minute chart
📈 Core Concept:
This is a trend-following strategy that captures strong market continuations by entering on:
The 3rd swing in the current trend,
Confirmed by a volume-verified engulfing candle,
With adaptive SL/TP and position sizing based on risk.
🧠 Entry Logic:
✅ Trend Filter
Uses a 50-period Simple Moving Average (SMA).
Buy only if price is above SMA → Uptrend
Sell only if price is below SMA → Downtrend
✅ Swing Count Logic
For buy: Wait for the 3rd higher low
For sell: Wait for the 3rd lower high
Uses a 5-bar lookback to detect highs/lows
This ensures you’re not buying early — but after trend is confirmed with structure.
✅ Engulfing Candle Confirmation
Bullish engulfing for buys
Bearish engulfing for sells
Candle must engulf previous bar completely (body logic)
✅ Volume Filter
Current candle volume must be greater than the 20-period volume average
Ensures trades only occur with institutional participation
✅ MA Slope Filter
Requires the slope of the 50 SMA over the last 3 candles to exceed 0.1
Avoids chop or flat trends
Adds momentum confirmation to the trade
✅ Session Filter (Time Filter)
Trades only executed between:
2:00 AM to 11:00 PM Oman Time (UTC+4)
Helps avoid overnight chop and illiquidity
📊 Position Sizing & Risk Management
✅ Smart SL (Adaptive Stop Loss)
SL is based on full size of the signal candle (including wick)
But if candle is larger than 25 points, SL is cut to half the size
This prevents oversized risk from long signals during volatile moves.
Multi-Position DashMulti-Position Dash — Risk Dashboard for Forex, Stocks & Indices
Overview:
The Multi-Position Dash is a highly customizable trading dashboard designed to help active traders manage up to 8 simultaneous positions across Forex, Stocks, and Indices. Whether you're trading single entries, layering positions, using DCA (Dollar Cost Averaging), or running complex hedging setups, this tool provides essential, real-time risk and P&L insights—directly on your chart.
Key Features:
✔️ Supports Forex, Stocks, Indices — with automatic pip and contract conversions
✔️ Track up to 8 manual positions, each with customizable direction, lot size or contracts, entry price, Take Profit, and Stop Loss
✔️ Full GBP-based P&L and risk calculation, including automatic USD-to-GBP conversion for non-FX assets
✔️ Real-time display of:
Total potential Take Profit (GBP)
Total potential Stop Loss (GBP)
Risk % relative to account balance
Live P&L (GBP) based on current price
✔️ Breakeven price calculation, even across mixed-direction positions (DCA & hedging aware)
✔️ Visual breakeven line, live P&L arrows, and entry price markers
✔️ Shared Stop Loss option for all positions — perfect for DCA traders
✔️ Easy export strings for logging trades to external tools like spreadsheets
Ideal For:
✅ Forex traders using lot-based risk models
✅ Stock & Index traders wanting simplified contract-based position tracking
✅ Traders managing multiple active positions, with or without hedging
✅ Anyone needing at-a-glance P&L and risk monitoring, independent of broker platforms
Notes & Usage:
This is a manual tracking tool—you enter your positions, TP, SL levels, etc., and the dashboard calculates the rest. It does not place or manage live orders.
Supports both Long and Short positions.
All calculations are based on your inputs and market price—accuracy depends on maintaining your inputs properly.
Shared Stop Loss feature applies a single, unified stop across all active positions for simplified risk control in DCA setups.
GBP is used as the account currency—USD-to-GBP conversion is applied to stocks and indices as needed.
Disclaimer:
This tool is for educational and planning purposes only. It does not place or manage live trades, and is not a substitute for broker risk management tools. Always double-check your own position sizing and risk before placing live orders.
Step Channel Momentum Trend [ChartPrime]OVERVIEW
Step Channel Momentum Trend is a momentum-based price filtering system that adapts to market structure using pivot levels and ATR volatility. It builds a dynamic channel around a stepwise midline derived from swing highs and lows. The system colors price candles based on whether price remains inside this channel (low momentum) or breaks out (strong directional flow). This allows traders to clearly distinguish ranging conditions from trending ones and take action accordingly.
⯁ STRUCTURAL MIDLNE (STEP CHANNEL CORE)
The midline acts as the backbone of the trend system and is based on structure rather than smoothing.
Calculated as the average of the most recent confirmed Pivot High and Pivot Low.
The result is a step-like horizontal line that only updates when new pivot points are confirmed.
This design avoids lag and makes the line "snap" to recent structural shifts.
It reflects the equilibrium level between recent bullish and bearish control.
This unique step logic creates clear regime shifts and prevents noise from distorting trend interpretation.
⯁ DYNAMIC VOLATILITY BANDS (ATR FILTERING)
To detect momentum strength, the script constructs upper and lower bands using the ATR (Average True Range):
The distance from the midline is determined by ATR × multiplier (default: 200-period ATR × 0.6).
These bands adjust dynamically to volatility, expanding in high-ATR environments and contracting in calm markets.
The area between upper and lower bands represents a neutral or ranging market state.
Breakouts outside the bands are treated as significant momentum shifts.
This filtering approach ensures that only meaningful breakouts are visually emphasized — not every candle fluctuation.
⯁ MOMENTUM-BASED CANDLE COLORING
The system visually transforms price candles into momentum indicators:
When price (hl2) is above the upper band, candles are green → bullish momentum.
When price is below the lower band, candles are red → bearish momentum.
When price is between the bands, candles are orange → low or no momentum (range).
The candle body, wick, and border are all colored uniformly for visual clarity.
This gives traders instant feedback on when momentum is expanding or fading — ideal for breakout, pullback, or trend-following strategies.
⯁ PIVOT-BASED SWING ANCHORS
Each confirmed pivot is plotted as a label ⬥ directly on the chart:
They also serve as potential manual entry zones, SL/TP anchors, or confirmation points.
⯁ MOMENTUM STATE LABEL
To reinforce the current market mode, a live label is displayed at the most recent candle:
Displays either:
“ Momentum Up ” when price breaks above the upper band.
“ Momentum Down ” when price breaks below the lower band.
“ Range ” when price remains between the bands.
Label color matches the candle color for quick identification.
Automatically updates on each bar close.
This helps discretionary traders filter trades based on market phase.
USAGE
Use the green/red zones to enter with momentum and ride trending moves.
Use the orange zone to stay out or fade ranges.
The step midline can act as a breakout base, pullback anchor, or bias reference.
Combine with other indicators (e.g., order blocks, divergences, or volume) to build high-confluence systems.
CONCLUSION
Step Channel Momentum Trend gives traders a clean, adaptive framework for identifying trend direction, volatility-based breakouts, and ranging environments — all from structural logic and ATR responsiveness. Its stepwise midline provides clarity, while its dynamic color-coded candles make momentum shifts impossible to miss. Whether you’re scalping intraday momentum or managing swing entries, this tool helps you trade with the market’s rhythm — not against it.
LotSize Calculator - psyploThis indicator provides a convenient on-chart lot size calculator designed to assist traders with precise position sizing based on account balance, risk tolerance, and trade parameters.
Key Features:
Custom Account Sizing: Define your account size and risk percentage per trade.
Flexible Risk Units: Choose between percentage or fixed currency risk models.
Support for Multiple Currencies: Select from a wide range of currencies including USD, EUR, GBP, INR, and even crypto options like USDT.
Dual Sizing Methods: Configure position size using either quantity or lot-based models, with optional rounding.
Visual Trade Levels: Displays configurable entry, stop loss (SL), and take profit (TP) lines on the chart.
Style Customization: Customize the color, line style, and visibility of each level for better chart readability.
Ideal Use Case:
Designed for manual traders seeking real-time clarity and consistency in risk management without needing to calculate lot size externally.
Disclaimer:
This tool is for informational purposes only. Always practice responsible risk management and perform due diligence before trading.
BackTestLibLibrary "BackTestLib"
Allows backtesting indicator performance. Tracks typical metrics such as won/loss, profit factor, draw down, etc. Trading View strategy library provides similar (and more comprehensive)
functionality but only works with strategies. This libary was created to address performance tracking within indicators.
Two primary outputs are generated:
1. Summary Table: Displays overall performance metrics for the indicator over the chart's loaded timeframe and history
2. Details Table: Displays a table of individual trade entries and exits. This table can grow larger than the available chart space. It does have a max number of rows supported. I haven't
found a way to add scroll bars or scroll bar equivalents yet.
f_init(data, _defaultStopLoss, _defaultTakeProfit, _useTrailingStop, _useTraingStopToBreakEven, _trailingStopActivation, _trailingStopOffset)
f_init Initialize the backtest data type. Called prior to using the backtester functions
Parameters:
data (backtesterData) : backtesterData to initialize
_defaultStopLoss (float) : Default trade stop loss to apply
_defaultTakeProfit (float) : Default trade take profit to apply
_useTrailingStop (bool) : Trailing stop enabled
_useTraingStopToBreakEven (bool) : When trailing stop active, trailing stop will increase no further than the entry price
_trailingStopActivation (int) : When trailing stop active, trailing will begin once price exceeds base stop loss by this number of points
_trailingStopOffset (int) : When trailing stop active, it will trail the max price achieved by this number of points
Returns: Initialized data set
f_buildResultStr(_resultType, _price, _resultPoints, _numWins, _pointsWon, _numLoss, _pointsLost)
f_buildResultStr Helper function to construct a string of resutling data for exit tooltip labels
Parameters:
_resultType (string)
_price (float)
_resultPoints (float)
_numWins (int)
_pointsWon (float)
_numLoss (int)
_pointsLost (float)
f_buildResultLabel(data, labelVertical, labelOffset, long)
f_buildResultLabel Helper function to construct an Exit label for display on the chart
Parameters:
data (backtesterData)
labelVertical (bool)
labelOffset (int)
long (bool)
f_updateTrailingStop(_entryPrice, _curPrice, _sl, _tp, trailingStopActivationInput, trailingStopOffsetInput, useTrailingStopToBreakEven)
f_updateTrailingStop Helper function to advance the trailing stop as price action dictates
Parameters:
_entryPrice (float)
_curPrice (float)
_sl (float)
_tp (float)
trailingStopActivationInput (float)
trailingStopOffsetInput (float)
useTrailingStopToBreakEven (bool)
Returns: Updated stop loss for current price action
f_enterShort(data, entryPrice, fixedStopLoss)
f_enterShort Helper function to enter a short and collect data necessary for tracking the trade entry
Parameters:
data (backtesterData)
entryPrice (float)
fixedStopLoss (float)
Returns: Updated backtest data
f_enterLong(data, entryPrice, fixedStopLoss)
f_enterLong Helper function to enter a long and collect data necessary for tracking the trade entry
Parameters:
data (backtesterData)
entryPrice (float)
fixedStopLoss (float)
Returns: Updated backtest data
f_exitTrade(data)
f_enterLong Helper function to exit a trade and update/reset tracking data
Parameters:
data (backtesterData)
Returns: Updated backtest data
f_checkTradeConditionForExit(data, condition, curPrice, enableRealTime)
f_checkTradeConditionForExit Helper function to determine if provided condition indicates an exit
Parameters:
data (backtesterData)
condition (bool) : When true trade will exit
curPrice (float)
enableRealTime (bool) : When true trade will evaluate if barstate is relatime or barstate is confirmed; otherwise just checks on is confirmed
Returns: Updated backtest data
f_checkTrade(data, curPrice, curLow, curHigh, enableRealTime)
f_checkTrade Helper function to determine if current price action dictates stop loss or take profit exit
Parameters:
data (backtesterData)
curPrice (float)
curLow (float)
curHigh (float)
enableRealTime (bool) : When true trade will evaluate if barstate is relatime or barstate is confirmed; otherwise just checks on is confirmed
Returns: Updated backtest data
f_fillCell(_table, _column, _row, _title, _value, _bgcolor, _txtcolor, _text_size)
f_fillCell Helper function to construct result table cells
Parameters:
_table (table)
_column (int)
_row (int)
_title (string)
_value (string)
_bgcolor (color)
_txtcolor (color)
_text_size (string)
Returns: Table cell
f_prepareStatsTable(data, drawTesterSummary, drawTesterDetails, summaryTableTextSize, detailsTableTextSize, displayRowZero, summaryTableLocation, detailsTableLocation)
f_fillCell Helper function to populate result table
Parameters:
data (backtesterData)
drawTesterSummary (bool)
drawTesterDetails (bool)
summaryTableTextSize (string)
detailsTableTextSize (string)
displayRowZero (bool)
summaryTableLocation (string)
detailsTableLocation (string)
Returns: Updated backtest data
backtesterData
backtesterData - container for backtest performance metrics
Fields:
tradesArray (array) : Array of strings with entries for each individual trade and its results
pointsBalance (series float) : Running sum of backtest points won/loss results
drawDown (series float) : Running sum of backtest total draw down points
maxDrawDown (series float) : Running sum of backtest total draw down points
maxRunup (series float) : Running sum of max points won over the backtest
numWins (series int) : Number of wins of current backtes set
numLoss (series int) : Number of losses of current backtes set
pointsWon (series float) : Running sum of points won to date
pointsLost (series float) : Running sum of points lost to date
entrySide (series string) : Current entry long/short
tradeActive (series bool) : Indicates if a trade is currently active
tradeComplete (series bool) : Indicates if a trade just exited (due to stop loss or take profit)
entryPrice (series float) : Current trade entry price
entryTime (series int) : Current trade entry time
sl (series float) : Current trade stop loss
tp (series float) : Current trade take profit
defaultStopLoss (series float) : Default trade stop loss to apply
defaultTakeProfit (series float) : Default trade take profit to apply
useTrailingStop (series bool) : Trailing stop enabled
useTrailingStopToBreakEven (series bool) : When trailing stop active, trailing stop will increase no further than the entry price
trailingStopActivation (series int) : When trailing stop active, trailing will begin once price exceeds base stop loss by this number of points
trailingStopOffset (series int) : When trailing stop active, it will trail the max price achieved by this number of points
resultType (series string) : Current trade won/lost
exitPrice (series float) : Current trade exit price
resultPoints (series float) : Current trade points won/lost
summaryTable (series table) : Table to deisplay summary info
tradesTable (series table) : Table to display per trade info
Fibonacci Entry Bands [AlgoAlpha]OVERVIEW
This script plots Fibonacci Entry Bands, a trend-following and mean-reversion hybrid system built around dynamic volatility-adjusted bands scaled using key Fibonacci levels. It calculates a smoothed basis line and overlays multiple bands at fixed Fibonacci multipliers of either ATR or standard deviation. Depending on the trend direction, specific upper or lower bands become active, offering a clear framework for entry timing, trend identification, and profit-taking zones.
CONCEPTS
The core idea is to use Fibonacci levels—0.618, 1.0, 1.618, and 2.618—as multipliers on a volatility measure to form layered price bands around a trend-following moving average. Trends are defined by whether the basis is rising or falling. The trend determines which side of the bands is emphasized: upper bands for downtrends, lower bands for uptrends. This approach captures both directional bias and extreme price extensions. Take-profit logic is built in via crossovers relative to the outermost bands, scaled by user-selected aggressiveness.
FEATURES
Basis Line – A double EMA smoothing of the source defines trend direction and acts as the central mean.
Volatility Bands – Four levels per side (based on selected ATR or stdev) mark the Fibonacci bands. These become visible only when trend direction matches the side (e.g., only lower bands plot in an uptrend).
Bar Coloring – Bars are shaded with adjustable transparency depending on distance from the basis, with color intensity helping gauge overextension.
Entry Arrows – A trend shift triggers either a long or short signal, with a marker at the outermost band with ▲/▼ signs.
Take-Profit Crosses – If price rejects near the outer band (based on aggressiveness setting), a cross appears marking potential profit-taking.
Bounce Signals – Minor pullbacks that respect the basis line are marked with triangle arrows, hinting at continuation setups.
Customization – Users can toggle bar coloring, signal markers, and select between ATR/stdev as well as take-profit aggressiveness.
Alerts – All major signals, including entries, take-profits, and bounces, are available as alert conditions.
USAGE
To use this tool, load it on your chart, adjust the inputs for volatility method and aggressiveness, and wait for entries to form on trend changes. Use TP crosses and bounce arrows as potential exit or scale-in signals.
Donchian x WMA Crossover (2025 Only, Adjustable TP, Real OHLC)Short Description:
Long-only breakout system that goes long when the Donchian Low crosses up through a Weighted Moving Average, and closes when it crosses back down (with an optional take-profit), restricted to calendar year 2025. All signals use the instrument’s true OHLC data (even on Heikin-Ashi charts), start with 1 000 AUD of capital, and deploy 100 % equity per trade.
Ideal parameters configured for Temple & Webster on ASX 30 minute candles. Adjust parameter to suit however best to download candle interval data and have GPT test the pine script for optimum parameters for your trading symbol.
Detailed Description
1. Strategy Concept
This strategy captures trend-driven breakouts off the bottom of a Donchian channel. By combining the Donchian Low with a WMA filter, it aims to:
Enter when volatility compresses and price breaks above the recent Donchian Low while the longer‐term WMA confirms upward momentum.
Exit when price falls back below that same WMA (i.e. when the Donchian Low crosses back down through WMA), but only if the WMA itself has stopped rising.
Optional Take-Profit: you can specify a profit target in decimal form (e.g. 0.01 = 1 %).
2. Timeframe & Universe
In-sample period: only bars stamped between Jan 1 2025 00:00 UTC and Dec 31 2025 23:59 UTC are considered.
Any resolution (e.g. 30 m, 1 h, D, etc.) is supported—just set your preferred timeframe in the TradingView UI.
3. True-Price Execution
All indicator calculations (Donchian Low, WMA, crossover checks, take-profit) are sourced from the chart’s underlying OHLC via request.security(). This guarantees that:
You can view Heikin-Ashi or other styled candles, but your strategy will execute on the real OHLC bars.
Chart styling never suppresses or distorts your backtest results.
4. Position Sizing & Equity
Initial capital: 1 000 AUD
Size per trade: 100 % of available equity
No pyramiding: one open position at a time
5. Inputs (all exposed in the “Inputs” tab):
Input Default Description
Donchian Length 7 Number of bars to calculate the Donchian channel low
WMA Length 62 Period of the Weighted Moving Average filter
Take Profit (decimal) 0.01 Exit when price ≥ entry × (1 + take_profit_perc)
6. How It Works
Donchian Low: ta.lowest(low, DonchianLength) over the specified look-back.
WMA: ta.wma(close, WMALength) applied to true closes.
Entry: ta.crossover(DonchianLow, WMA) AND barTime ∈ 2025.
Exit:
Cross-down exit: ta.crossunder(DonchianLow, WMA) and WMA is not rising (i.e. momentum has stalled).
Take-profit exit: price ≥ entry × (1 + take_profit_perc).
Calendar exit: barTime falls outside 2025.
7. Usage Notes
After adding to your chart, open the Strategy Tester tab to review performance metrics, list of trades, equity curve, etc.
You can toggle your chart to Heikin-Ashi for visual clarity without affecting execution, thanks to the real-OHLC calls.
EMA Pullback System 1:5 RRR [SL]EMA Trend Pullback System (1:5 RRR)
Summary:
This indicator is designed to identify high-probability pullback opportunities along the main trend, providing trade signals that target a high 1:5 Risk/Reward Ratio. It is a trend-following strategy built for patient traders who wait for optimal setups.
Strategy Logic:
The system is based on three Exponential Moving Averages (EMAs): 21, 50, and 200.
BUY Signal:
Trend (Uptrend): The price must be above the 200 EMA.
Pullback: The price must pull back into the "Dynamic Support Zone" between the 21 EMA and 50 EMA.
Confirmation: A strong Bullish Confirmation Candle (e.g., Bullish Engulfing) must form within this zone.
SELL Signal:
Trend (Downtrend): The price must be below the 200 EMA.
Pullback: The price must rally back into the "Dynamic Resistance Zone" between the 21 EMA and 50 EMA.
Confirmation: A strong Bearish Confirmation Candle (e.g., Bearish Engulfing) must form within this zone.
Key Features:
Clearly plots the 21, 50, and 200 EMAs on the chart.
Displays BUY and SELL labels when the rules are met.
Automatically calculates and plots Stop Loss (SL) and Take Profit (TP) levels for each signal.
The Risk/Reward Ratio for the Take Profit level is customizable in the settings (Default: 1:5).
How to Use:
Best suited for higher timeframes like H1 and H4.
It is crucial to wait for the signal candle to close before considering an entry.
While this is an automated tool, for best results, combine its signals with your own analysis of Price Action and Market Structure.
Disclaimer:
This is an educational tool and not financial advice. Trading involves substantial risk. Always use proper risk management. It is essential to backtest any strategy before deploying it with real capital.
Codigo Trading 1.0📌Codigo Trading 1.0
This indicator strategically combines SuperTrend, multiple Exponential Moving Averages (EMAs), the Relative Strength Index (RSI), and the Average True Range (ATR) to offer clear entry and exit signals, as well as an in-depth view of market trends. Ideal for traders looking to optimize their operations with an all-in-one tool.
🔩How the Indicator Works:
This indicator relies on the interaction and confirmation of several key components to generate signals:
SuperTrend: Determines the primary trend direction. An uptrend SuperTrend signal (green line) indicates an upward trend, while a downtrend (red line) signals a downward trend. It also serves as a guide for setting Stop Loss and Take Profit levels.
EMAs: Includes EMAs of 10, 20, 55, 100, 200, and 325 periods. The relationship between the EMA 10 and EMA 20 is fundamental for confirming the strength and direction of movements. An EMA 10 above the EMA 20 suggests an uptrend, and vice versa. Longer EMAs act as dynamic support and resistance levels, offering a broader view of the market structure.
RSI: Used to identify overbought (RSI > 70/80) and oversold (RSI < 30/20) conditions, generating "Take Profit" alerts for potential trade closures.
ATR: Monitors market volatility to help you manage exits. ATR exit signals are triggered when volatility changes direction, indicating a possible exhaustion of the movement.
🗒️Entry and Exit Signals:
I designed specific alerts based on all the indicators I use in conjunction:
Long Entries: When SuperTrend is bullish and EMA 10 crosses above EMA 20.
Short Entries: When SuperTrend is bearish and EMA 10 crosses below EMA 20.
RSI Exits (Take Profit): Indicated by "TP" labels on the chart, when the RSI reaches extreme levels (overbought for longs, oversold for shorts).
EMA 20 Exits: When the price closes below EMA 20 (for longs) or above EMA 20 (for shorts).
ATR Exits: When the ATR changes direction, signaling a possible decrease in momentum.
📌Key Benefits:
Clarity in Trend: Quickly identifies market direction with SuperTrend and EMA alignment.
Strategic Entry and Exit Signals: Receive timely alerts to optimize your entry and exit points.
Assisted Trade Management: RSI and ATR help you consider when to take profits or exit a position.
Intuitive Visualization: Arrows, labels, and colored lines make analysis easy to interpret.
Disclaimer:
Trading in financial markets carries significant risks. This indicator is an analysis tool and should not be considered financial advice. Always conduct your own research and trade at your own risk.
Supply/Demand Zones + Engulfment-based ExecutionSupply/Demand Zones + Engulfment-Based Execution
Strategy Overview
This strategy combines institutional trading concepts—supply/demand zones and engulfing candle patterns—to generate high-probability long and short trade setups. The system uses aggregated price action to identify potential reversal zones and confirms entries with engulfing candle patterns, ensuring trades are only taken when market structure shows commitment in the direction of the trade.
Core Concepts
• Supply & Demand Zones: These are automatically detected by analyzing aggregated bullish and bearish candle structures over user-defined intervals. Supply zones are formed after bearish continuation patterns; demand zones appear after bullish continuation patterns.
• Engulfing Entries: Once price enters a zone, the strategy waits for a bullish engulfing pattern (in a demand zone) or a bearish engulfing pattern (in a supply zone) before executing a trade. This adds confirmation and reduces false signals.
• Risk Management: Stop-loss is placed at the low (for long trades) or high (for short trades) of the engulfed candle. Take-profit can be calculated using a fixed R-multiple (risk-to-reward ratio) or a user-defined target price.
Key Features
Fully customizable aggregation factor for zone detection
Visual zone boxes, entry/SL/TP boxes, and engulfing pattern labels
Optional removal of mitigated zones for cleaner charting
Configurable trade mode (Long only, Short only, or Both)
Support for trading sessions and date filtering
Alerts for price entering supply or demand zones
How to Use
Select Aggregation Factor: Choose how many candles to group together for identifying key zones (e.g., 4x timeframe).
Enable Zones: Turn on supply and/or demand zones as needed.
Set Execution Parameters:
– Choose R-multiple (e.g., 2:1 risk-reward)
– Or use a fixed take-profit price
Define Trade Time Window:
– Set the date and time ranges to restrict execution
– Use Start Hour and End Hour to limit trades to specific sessions (e.g., London/New York)
Run on Desired Timeframe: Typically used on 15m–4H charts, depending on your strategy and the asset’s volatility.
Ideal For
• Traders using Smart Money Concepts (SMC)
• Those who value high-confluence entries
• Intraday to swing traders looking for structure-based automation
⚠️ Important Notes
• The strategy requires engulfing confirmation within the zone to enter a position.
• This script does not repaint and executes trades on a bar close basis.
• Backtest results may vary based on session filters and aggregation factor.
© Attribution
This strategy was developed by The_Forex_Steward and is licensed under the Mozilla Public License 2.0.
You are free to use, modify, and distribute it under the terms of that license.
NY Opening Range Breakout - MA StopCore Concept
This strategy trades breakouts from the New York opening range (9:30-9:45 AM NY time) on intraday timeframes, designed for scalping and day trading.
Setup Requirements
Timeframe: Works on any timeframe under 15 minutes (1m, 2m, 3m, 5m, 10m)
Session: New York market hours
Range Period: 9:30-9:45 AM NY time (15-minute opening range)
Entry Rules
Long Entries:
Wait for a candle to close above the opening range high
Enter long on the next candle (before 12:00 PM NY time)
Must be above moving average if using MA-based take profit
Short Entries:
Wait for a candle to close below the opening range low
Enter short on the next candle (before 12:00 PM NY time)
Must be below moving average if using MA-based take profit
Risk Management
Stop Loss:
Long trades: Opening range low
Short trades: Opening range high
Take Profit Options:
Fixed Risk Reward: 1.5x the range size (customizable ratio)
Moving Average: Exit when price crosses back through MA
Both: Whichever comes first
Key Features
Trade Direction Options:
Long Only
Short Only
Both directions
Moving Average Filter:
Prevents entries that would immediately hit stop loss
Uses EMA/SMA/WMA/VWMA with customizable length
Acts as dynamic support/resistance
Time Restrictions:
No entries after 12:00 PM NY time (customizable cutoff)
One trade per direction per day
Daily reset of all variables
Visual Elements
Red/green lines showing opening range
Purple line for moving average
Entry and breakout signals with shapes
Take profit and stop loss levels plotted
Information table with current status
Strategy Logic Flow
Morning: Capture 9:30-9:45 range high/low
Wait: Monitor for breakout (previous candle close outside range)
Filter: Check MA condition if using MA-based exits
Enter: Trade on next candle after breakout
Manage: Exit at fixed TP, MA cross, or stop loss
Reset: Start fresh next trading day
This is a momentum-based breakout strategy that capitalizes on early market volatility while using the opening range as natural support/resistance levels.
CAFX Liquidity Pro V1CAFX Liquidity Pro Indicator
Precision Engineered for Smart Profit-Taking
The CAFX Liquidity Pro Indicator is a powerful trading tool designed to help traders pinpoint high-probability liquidity zones, making it ideal for setting accurate and strategic take profit levels. By identifying where institutional interest is likely to reside, this indicator highlights the areas where price is most likely to react, reverse, or pause—giving you the edge in locking in profits before the market shifts.
Whether you're scalping, day trading, or swing trading, the CAFX Liquidity Pro provides clear visual cues that simplify your decision-making process and enhance your trade management. With a focus on precision and reliability, it helps you avoid emotional exits and instead base your take profits on real market behavior and liquidity dynamics.
Use CAFX Liquidity Pro to stay one step ahead—because knowing where to exit is just as important as knowing when to enter.
Trend Surge with Pullback FilterTrend Surge with Pullback Filter
Overview
Trend Surge with Pullback Filter is a price action-based strategy designed to enter strong trends not at the breakout, but at the first controlled pullback after a surge. It filters out noise by requiring momentum confirmation and low volatility conditions, aiming for better entry prices and reduced risk exposure.
How It Works
A strong upward trend is identified when the Rate of Change (ROC) exceeds a defined percentage (e.g., 2%).
Instead of jumping into the trend immediately, the strategy waits for a pullback: the price must drop at least 1% below its recent high (over the past 3 candles).
A low volatility environment is also required for entry — measured using ATR being below its 20-period average multiplied by a safety factor.
If all three conditions are met (trend + pullback + quiet volatility), the system enters a long position.
The trade is managed using a dynamic ATR-based stop-loss and a take-profit at 2x ATR.
An automatic exit occurs after 30 bars if neither SL nor TP is hit.
Key Features
- Momentum-triggered trend detection via ROC
- Smart pullback filter avoids overbought entries
- Volatility-based filter to eliminate noise and choppy conditions
- Dynamic risk-reward ratio with ATR-driven exit logic
- Time-limited exposure using bar-based exit
Parameter Explanation
ROC Length (10): Looks for short-term price surges
ROC Threshold (2.0%): Trend is considered valid if price increased more than 2%
Pullback Lookback (3): Checks last 3 candles for price retracement
Minimum Pullback % (1.0%): Entry only if price pulled back at least 1%
ATR Length (14): Measures current volatility
Low Volatility Multiplier (1.2): ATR must be below this multiple of its 20-period average
Risk-Reward (2.0): Target is set at 2x the stop-loss distance
Max Bars (30): Trade is closed automatically after 30 bars
Originality Statement
This strategy doesn’t enter at the trend start, unlike many momentum bots. Instead, it waits for the first market hesitation — a minor pullback under low volatility — before entering. This logic mimics how real traders often wait for a better entry after a breakout, avoiding emotional overbought buys. The combined use of ROC, dynamic pullback detection, and ATR-based environment filters makes it both practical and original for real-world trading.
Disclaimer
This strategy is intended for educational and research purposes. Backtest thoroughly and understand the logic before using with real capital.
SuperTrend Confluence Signals [AlgoAlpha]OVERVIEW
This script enhances the classic SuperTrend indicator by integrating volume dynamics, retracement detection, and a multi-asset trend matrix—alongside an automatic mitigation-level drawing system. It's designed for traders who want to see not just trend direction, but the confluence of trend strength, volatility-adjusted retracements, and capital flow through volume pressure. It visually maps key transitions in market structure while offering a clean, color-coded overview of multiple symbols and timeframes in a single chart.
CONCEPTS
At the core is the traditional SuperTrend , which determines directional bias using Average True Range (ATR) with a volatility multiplier. This script overlays that with a dynamic volume histogram that scales relative to recent volume standard deviation, coloring volume bursts within the trend. Retracement signals are triggered when price pulls back toward the SuperTrend level but respects it—quantified through normalized distance sensitivity. On top of that, the indicator automatically draws and manages horizontal support/resistance zones that appear at key trend shifts. These levels persist and are cleared based on configurable rules such as wick/body sweeps or consecutive candle closes. A multi-asset, multi-timeframe table then gives an instant snapshot of trend status across five user-defined symbols and timeframes.
FEATURES
SuperTrend : Configurable ATR length and multiplier for flexible trend sensitivity.
Volumetric Histogram : Gradient-filled candles anchored to SuperTrend bands, scaled by relative volume to indicate activity intensity during trends.
Retracement Arrows : Signals printed when price nears the SuperTrend level without breaking it, allowing identification of high-probability continuation zones.
Volume TP Markers : Diamond markers flag high-volume events, contextualizing price moves with liquidity bursts.
Automatic Structure Levels : Draws clean horizontal lines at significant trend transitions, with optional volatility-based band fills. These levels self-update and clear based on price interaction logic.
Trend Table : Displays trend direction (▲/▼) across five assets and five timeframes. Each cell is colored according to trend bias, providing a compact overview for multi-market confluence.
USAGE
Start by loading the indicator on your main chart and adjusting the ATR Length and Multiplier to match your strategy timeframe. Use lower values for scalping and higher values for swing trading. The histogram bars will appear as colored candles above or below the SuperTrend level, indicating how strong volume is within that trend. Arrow signals suggest minor pullbacks within the trend, which can act as entry opportunities. The level system will automatically plot key price zones during trend flips; if "Body" is selected for mitigation, price must close through the level to invalidate it. If "Wick" is chosen, a single wick breach is enough. Adjust expiry and rejection settings to fine-tune how long levels stay on chart. Finally, enable the Multi-Asset Table to view live trend signals across popular symbols like AAPL or NVDA in different timeframes, helping spot macro-to-micro alignment for higher-confidence trades.
SpeedBullish Strategy Confirm V6.2SpeedBullish Strategy Confirm V6.2
SpeedBullish V6.2 is an advanced price-action + indicator-based strategy designed to confirm trend strength and signal entries with high precision. This version builds on the W/M pattern structure and adds dynamic filtering with EMA, MACD Histogram, RSI, ATR, and Volume.
✅ Signal Conditions
🔹 Buy Signal:
Price above EMA10 or EMA15
MACD Histogram crosses above 0
RSI > 50
(Optional) Higher low via Pivot Low
(Optional) ATR > ATR SMA * Multiplier
(Optional) Volume > SMA * Multiplier
🔻 Sell Signal:
Price below EMA10 or EMA15
MACD Histogram crosses below 0
RSI < 50
(Optional) Lower high via Pivot High
(Optional) Confirmed high volatility and volume
⚙️ Strategy Features
MACD Histogram for momentum shift detection
RSI filtering for momentum confirmation
EMA10/15 for trend direction
ATR-based volatility filter
Volume confirmation filter
Dynamic TP/SL + Trailing Stop
Webhook Integration for MT5 auto-trade
Visual signal markers + background highlight
🔔 Alerts
Alerts are sent in JSON format via alert() with the current symbol, action (buy/sell), and price. Webhook endpoint and secret key are configurable.
📈 How to Use
Attach the strategy to any symbol and timeframe
Customize filters and confirmations to fit your market conditions
Enable webhook alerts for integration with your MT5 Expert Advisor or trading bot
Backtest and optimize before live deployment
Momentum Long + Short Strategy (BTC 3H)Momentum Long + Short Strategy (BTC 3H)
🔍 How It Works, Step by Step
Detect the Trend (📈/📉)
Calculate two moving averages (100-period and 500-period), either EMA or SMA.
For longs, we require MA100 > MA500 (uptrend).
For shorts, we block entries if MA100 exceeds MA500 by more than a set percentage (to avoid fading a powerful uptrend).
Apply Momentum Filters (⚡️)
RSI Filter: Measures recent strength—only allow longs when RSI crosses above its smoothed average, and shorts when RSI dips below the oversold threshold.
ADX Filter: Gauges trend strength—ensures we only enter when a meaningful trend exists (optional).
ATR Filter: Confirms volatility—avoids choppy, low-volatility conditions by requiring ATR to exceed its smoothed value (optional).
Confirm Entry Conditions (✅)
Long Entry:
Price is above both MAs
Trend alignment & optional filters pass ✅
Short Entry:
Price is below both MAs and below the lower Bollinger Band
RSI is sufficiently oversold
Trend-blocker & ATR filter pass ✅
Position Sizing & Risk (💰)
Each trade uses 100 % of account equity by default.
One pyramid addition allowed, so you can scale in if the move continues.
Commission and slippage assumptions built in for realistic backtests.
Stops & Exits (🛑)
Long Stop-Loss: e.g. 3 % below entry.
Long Auto-Exit: If price falls back under the 500-period MA.
Short Stop-Loss: e.g. 3 % above entry.
Short Take-Profit: e.g. 4 % below entry.
🎨 Why It’s Powerful & Customizable
Modular Filters: Turn on/off RSI, ADX, ATR filters to suit different market regimes.
Adjustable Thresholds: Fine-tune stop-loss %, take-profit %, RSI lengths, MA gaps and more.
Multi-Timeframe Potential: Although coded for 3 h BTC, you can adapt it to stocks, forex or other cryptos—just recalibrate!
Backtest Fine-Tuned: Default settings were optimized via backtesting on historical BTC data—but they’re not guarantees of future performance.
⚠️ Warning & Disclaimer
This strategy is for educational purposes only and designed for a toy fund. Crypto markets are highly volatile—you can lose 100 % of your capital. It is not a predictive “holy grail” but a rules-based framework using past data. The parameters have been fine-tuned on historical data and are not valid for future trades without fresh calibration. Always practice with paper-trading first, use proper risk management, and do your own research before risking real money. 🚨🔒
Good luck exploring and experimenting! 🚀📊