ZigZag Based RSIDescription
ZigZag Trend RSI (ZZ-RSI) is an advanced momentum indicator that combines ZigZag-based trend detection with a trend-adjusted RSI to deliver smarter overbought and oversold signals. Unlike traditional RSI that reacts purely to price movement, this indicator adapts its sensitivity based on the prevailing trend structure identified via the ZigZag pattern.
By dynamically adjusting RSI thresholds according to market direction, ZZ-RSI helps filter out false signals and aligns RSI readings with broader trend context—crucial for trend-following strategies, counter-trend entries, and volatility-based timing.
Core Components
ZigZag Pattern Recognition:
Identifies significant swing highs and lows based on price deviation (%) and pivot sensitivity (length). The most recent pivot determines the prevailing trend direction:
🟢 Bullish: last swing is a higher high
🔴 Bearish: last swing is a lower low
⚪ Neutral: no recent significant movement
Trend-Weighted RSI:
Modifies traditional RSI input by emphasizing price changes in the direction of the trend:
In bull trends, upside moves are magnified.
In bear trends, downside moves are emphasized.
Dynamic RSI Zones:
Overbought and Oversold thresholds adapt to the trend:
In uptrends: higher OB and slightly raised OS → tolerate stronger rallies
In downtrends: lower OS and slightly reduced OB → accommodate stronger sell-offs
In neutral: default OB/OS values apply
How to Use
✅ Entries (Reversal or Mean Reversion Traders):
Look for oversold signals (green triangle) in downtrends or neutrals to catch potential reversals.
Look for overbought signals (red triangle) in uptrends or neutrals to fade momentum.
Confirm with price action or volume for higher conviction.
📈 Trend Continuation (Momentum or Trend-Followers):
Use the trend direction label (Bullish / Bearish / Neutral) to align your trades with the broader move.
Combine with moving averages or price structure for entry timing.
Avoid counter-trend signals unless confirmed by divergence or exhaustion.
🧠 Signal Interpretation Table (top right of chart):
Trend: Indicates the current market direction.
RSI: Real-time trend-adjusted RSI value.
Signal: OB/OS/Neutral classification.
Customization Options
ZigZag Length / Deviation %:
Adjust pivot sensitivity and filter out minor noise.
RSI Length:
Controls how fast RSI responds to trend-adjusted price.
Color Settings:
Personalize visual cues for trend direction and OB/OS backgrounds.
Alerts Included
📢 Overbought/oversold conditions
🔄 Trend reversals (bullish or bearish shift)
These alerts are ideal for automated strategies, mobile notifications, or algorithmic workflows.
Ideal For
Traders seeking smarter RSI signals filtered by market structure
Trend-followers and swing traders looking for reliable reversals
Those frustrated with false OB/OS signals in volatile or trending markets
Best Practices
Use in confluence with price structure, trendlines, or S/R levels.
For intraday: consider lowering ZigZag Length and RSI Length.
For higher timeframes: use higher deviation % and smoother RSI to reduce noise.
"生物医药etf" için komut dosyalarını ara
ADR Plots + OverlayADR Plots + Overlay
This tool calculates and displays Average Daily Range (ADR) levels on your chart, giving traders a quick visual reference for expected daily price movement. It plots guide levels above and below the daily open and shows how much of the day's typical range has already been covered—all in one interactive table and on-chart overlay.
What It Does
ADR Calculation:
Uses daily high-low differences over a user-defined period (default 14 days), smoothed via RMA, SMA, EMA, or WMA to calculate the average daily range.
Projected Levels:
Plots four reference levels relative to the current day's open price:
+100% ADR: Open + ADR
+50% ADR: Open + 50% of ADR
−50% ADR: Open − 50% of ADR
−100% ADR: Open − ADR
Coverage %:
Tracks intraday high and low prices to calculate what percentage of the ADR has already been covered for the current session:
Coverage % = (High − Low) ÷ ADR × 100
Interactive Table:
Shows the ADR value and today's ADR coverage percentage in a customizable table overlay. The table position, colors, border, transparency, and an optional empty top row can all be adjusted via settings.
Customization Options
Table Settings:
Position the table (top/bottom × left/right).
Change background color, text color, border color and thickness.
Toggle an empty top row for spacing.
Line Settings:
Choose color, line style (solid/dotted/dashed), and width.
Lines automatically reposition each day based on that day's open price and ADR calculation.
General Inputs:
ADR length (number of days).
Smoothing method (RMA, SMA, EMA, WMA).
How to Use It for Trading
Measure Daily Movement: Instantly know the expected daily price range based on historical volatility.
Identify Overextension: Use the coverage % to see if the market has already moved close to or beyond its typical daily range.
Plan Entries & Exits: Align trade targets and stops with ADR levels for more objective intraday planning.
Visual Reference: Horizontal guide lines and table update automatically as new data comes in, helping traders stay informed without manual calculations.
Ideal For
Intraday traders tracking daily volatility limits.
Swing traders wanting a quick reference for expected price movement per day.
Anyone seeking a volatility-based framework for planning targets, stops, or identifying extended market conditions.
Key Session LevelsKey Session Levels - Indicator Guide
Created by: MecarderoAurum
Why This Indicator Exists: An Overview
The "Key Session Levels" indicator is a comprehensive tool for day traders that automatically plots the most critical price levels from the current premarket and the previous two full trading days. These levels are watched by countless traders and often act as significant areas of support and resistance.
This indicator provides a clear, objective map of these key zones, helping traders anticipate potential turning points, identify areas of confluence, and make more informed trading decisions without having to manually draw and manage these lines every day.
Features & How to Use Them
This indicator plots several types of important historical levels on your chart. Each one is fully customizable.
1. Premarket Levels (PMH / PML)
What they are: The highest (PMH) and lowest (PML) prices reached during the current day's premarket session (04:00 - 09:30 ET).
Why they matter: The premarket high and low are the first significant levels established for the trading day. They often act as initial support or resistance once the market opens.
How to use them: In the settings under "Premarket Levels," you can toggle the visibility of the PMH and PML, and customize their color, line style, and width.
2. Prior Day Levels (PDH / PDL / PDM / PDP)
What they are: The key price points from the previous full trading day.
PDH: Prior Day High
PDL: Prior Day Low
PDM: Prior Day Midpoint (the exact middle of the PDH and PDL)
PDP: Prior Day Pivot (a classic pivot point calculation)
Why they matter: These are often the most important levels for the current trading day. The market frequently tests the previous day's high and low.
How to use them: Under the "Prior Day" settings, you can enable or disable each of these four levels and customize their appearance.
3. 2-Day Prior Levels (PDH2 / PDL2 / etc.)
What they are: The same set of key levels (High, Low, Mid, Pivot) from two trading days ago.
Why they matter: These levels can still be highly relevant, especially if the market is trading within a multi-day range or returning to test a significant prior level.
How to use them: Under the "2-Day Prior" settings, you can customize the visibility and style of these levels. They are styled with more transparency by default to distinguish them from the more recent prior day's levels.
4. General Settings
Days of History: This setting allows you to control how many past days of historical lines are kept on your chart. This is excellent for back-testing strategies and seeing how price has reacted to these levels in the past.
Label Settings: You can customize the color and size of the on-chart labels (e.g., "PDH," "PML") for better visibility.
Sample Strategy: The Key Level Rejection
This strategy focuses on using the indicator's levels to identify potential reversals at key areas of support or resistance.
Identify a Key Level: Watch as the price approaches a significant level plotted by the indicator, such as the Prior Day High (PDH) or the Premarket Low (PML).
Look for Rejection: Do not trade simply because the price touches the level. Wait for a price action signal that confirms the level is holding. This could be a bearish engulfing candle or a shooting star pattern at a resistance level like PDH, or a bullish hammer or morning star pattern at a support level like PML.
Entry: Once you see a clear rejection candle, enter a trade in the direction of the rejection. For a bearish rejection at the PDH, you would enter a short position.
Stop-Loss: A logical place for a stop-loss is just above the high of the rejection candle (for a short trade) or just below the low of the rejection candle (for a long trade). This defines your risk clearly.
Profit Target: Your first profit target could be the next key level plotted by the indicator. For example, if you shorted a rejection at the PDH, your first target might be the Premarket High (PMH) or the day's opening price.
Candle Range Classifier Dots OnlyCandle Range Classifier (Dots Only)
This indicator analyzes the price range of each candle relative to its recent average range to classify market activity into three categories: wide range, narrow range, or normal range.
Wide Range Candles (red dots above bars) indicate significant price movement and strong market effort.
Narrow Range Candles (blue dots below bars) indicate low volatility and possible market absorption or consolidation.
Normal Range Candles are not marked, keeping the chart clean and focused on meaningful range extremes.
Opening Range v3 (Dynamic)Opening Range Signals v3 (Dynamic) - Indicator Guide
Created by: MecarderoAurum
Why This Indicator Exists: An Overview
The "Opening Range Signals" indicator is a sophisticated tool designed for day traders who focus their strategy on the price action that unfolds during the Regular Trading Hours (RTH) of the New York session (09:30 - 16:00 ET). The opening period of the market, often called the "initial balance," is a critical time where institutions and traders establish the early high and low for the day. Trading the breakout of this range is a classic and effective strategy, but it's often plagued by false moves and "head fakes."
This indicator was built to solve that problem. It not only identifies the initial range but also incorporates a powerful dynamic expansion feature. This allows the indicator to intelligently adapt to early session volatility, filter out false breakouts, and establish more reliable support and resistance levels for the rest of the trading day. It provides a clear, visual framework for executing opening range strategies with more confidence.
Key Features & How to Use Them
1. Customizable Opening Range
This is the foundation of the indicator. It draws the high and low of the initial trading period on your chart.
What it does: Establishes the initial support and resistance levels for the day.
How to use it: In the settings under "Time Settings," you can set the "Opening Range Duration" from 1 to 30 minutes. A shorter duration (e.g., 5 minutes) will be more sensitive and give earlier signals, while a longer duration (e.g., 30 minutes) will establish a wider, more robust range.
2. Dynamic Range Expansion
This is the indicator's most powerful and unique feature. It helps you avoid getting trapped in false breakouts.
What it does: If the price breaks out of the initial range but then quickly closes back inside, the indicator will automatically expand the range to include the full wick of the failed breakout. This tells you the market is still establishing its true range.
How to use it: In the settings under "Dynamic Range," you can:
"Enable Dynamic Range Expansion": This is on by default.
"Expansion Time Limit (Min)": Set how long the indicator should look for these failed breakouts. After this time, the range will be locked for the day.
3. Clear Visual Trading Signals
The indicator provides three distinct signals to help you interpret the price action around the opening range.
Breakout Body (Yellow plotshape):
What it means: The first confirmation that the price has decisively moved outside the established range. It appears when a candle's body closes entirely above the high or below the low.
How to use it: This is your alert that a potential breakout is underway. Do not enter yet; wait for confirmation.
Continuation (Green plotshape):
What it means: This signal appears on the candle immediately following a breakout if it shows momentum in the same direction. It confirms that the breakout has strength.
How to use it: This is a potential entry trigger. A continuation signal suggests the breakout is valid and may continue.
Failure (Red plotshape):
What it means: This signal appears if, after a breakout and continuation, the price quickly reverses and closes back inside the range. It's a strong indication of a false breakout.
How to use it: If you are in a breakout trade, a failure signal is a clear sign to exit. It can also be used as a setup for a reversal trade in the opposite direction.
Sample Strategy: The Breakout-Continuation Trade
This strategy uses the indicator's signals to trade a classic opening range breakout with added confirmation.
Setup:
Set the "Opening Range Duration" to your preferred time (e.g., 5 or 15 minutes).
Ensure the "Dynamic Range Expansion" is enabled to filter out early noise.
Entry Trigger:
Wait for a Breakout signal (yellow) to appear. This puts you on high alert.
Wait for a Continuation signal (green) on the very next candle. This is your entry trigger. Enter a long trade on a bullish continuation or a short trade on a bearish continuation.
Stop-Loss:
For a bullish (long) trade, a common stop-loss placement is just below the low of the continuation candle or, for a more conservative stop, just inside the opening range high.
For a bearish (short) trade, place your stop-loss just above the high of the continuation candle or just inside the opening range low.
Trade Management:
If a Failure signal (red) appears after you've entered, it indicates the breakout has failed. This is a strong signal to exit your trade immediately to protect your capital.
If the trade moves in your favor, you can manage it by taking profits at key levels or using a trailing stop.
Supertrend Long-Only Strategy for QQQThis strategy is meant to use Micro Momentum to give good Buy and Sell signals in trending markets
SMAs Ghost in the Machine v3SMAs Ghost in the Machine v3
Created by: MecarderoAurum
Overview
The "SMAs Ghost in the Machine" is a powerful multi-timeframe analysis tool designed for traders who want to align their entries and exits with the trend on several different chart periods simultaneously. At its core, the indicator plots the 9-period and 20-period Simple Moving Averages (SMAs) from up to three user-defined timeframes directly onto your active chart.
Its most powerful feature is the Combined Crossover Signal, which allows you to create highly specific, custom trading setups by defining conditions that must occur at the same time across any of the enabled timeframes. This eliminates guesswork and helps you visually confirm when your precise market conditions are met.
Important Note on Line Drawing
This indicator allows you to see trends of other timeframes. A specific design choice was made not to smooth the moving average lines. This is to ensure that the crossover signals appear on the exact candle where the cross occurs in real-time. Smoothing the lines can cause a delay and shift the signal to a later candle.
The side effect of this accuracy is that the lines will appear "stepped." As new data comes in on your current chart, you may need to refresh the chart to keep the higher timeframe lines updated. We are working on a solution to this.
Capabilities
Multi-Timeframe Analysis: Plot the 9 and 20 SMAs from three different timeframes (e.g., 1-minute, 5-minute, and 30-minute) on a single chart.
Individual Crossover Signals: Automatically plots a green triangle (▲) for a "Golden Cross" (9 SMA crosses above 20) and a red triangle (▼) for a "Death Cross" (9 SMA crosses below 20) on each individual timeframe.
Combined Crossover Engine: Define a custom bullish or bearish signal by combining multiple events. The indicator will plot a green diamond (◆) for your bullish setup and a red diamond (◆) for your bearish setup when all specified conditions are met on the same candle.
Customizable Alerts: Create alerts for both the individual 9/20 SMA crosses and your custom Combined Crossover Signal to ensure you never miss a potential setup.
How to Use the Indicator
Basic Setup
Add the "SMAs Ghost in the Machine v3" indicator to your TradingView chart.
Open the indicator settings.
Under the Timeframe Settings, enable the timeframes you want to monitor and select the desired period for each (e.g., TF1: '1', TF2: '5', TF3: '30').
Configuring the Combined Crossover Signal
This is the core feature for defining your specific trading setups.
In the settings, go to the "Combined Crossover Signal" group and check the box to "Enable Combined Signal."
Decide if you are building a bullish (long) or bearish (short) setup.
Under the "Bullish Setup" or "Bearish Setup" sections, check the boxes for every event that must happen at the same time for your signal to trigger.
Example Bullish Setup:
Let's say your strategy is to go long when:
On the 1-minute chart (TF1), the price crosses above the 9 SMA.
AND, on the 5-minute chart (TF3), the price also crosses above its 9 SMA.
To configure this, you would check the following two boxes under the "Bullish Setup":
TF1: Price crosses above 9 SMA
TF3: Price crosses above 9 SMA
Now, a green diamond (◆) will only appear on your chart when both of those conditions are true on the exact same bar, giving you a precise entry signal.
Setting Up Alerts
Go to the "Alert Settings" tab in the indicator options.
Check the boxes for the alerts you want to enable (e.g., "Alert on TF1 SMA Cross," "Alert on Combined Signal").
Close the settings. Now, right-click on the chart and choose "Add alert."
In the "Condition" dropdown, select "SMA Ghosts v3."
A second dropdown will appear. Choose the specific event you want an alert for, such as Combined Bullish Signal or TF1 Golden Cross.
Configure the alert options as desired and click "Create."
Trading Strategies
Trend Confirmation: Use the indicator on a 1-minute chart with the 5-minute 9/20 SMA lines enabled to see the 5-minute trend. Only take 1-minute trades that are in the same direction as the 5-minute SMAs.
Multi-Flow Alignment: Keep track of bigger timeframes (like the 30-min or 4-hour) to also match your entries with longer-term market flows.
Avoid Flat Markets: Avoid taking trades when the SMA lines from multiple timeframes are flat or moving sideways, as this indicates a lack of clear trend.
Trend Magic Real-Time Cross for TradersPostTrend Magic Real-Time Cross for TradersPost. IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII
HTF Candles [theUltimator5]Overlay higher timeframe candles on any lower timeframe chart with real-time updates.
This indicator displays the full structure of each higher timeframe (HTF) candle—including open-close bodies and full wicks—directly on your current chart. Great for multi-timeframe traders who want to align short-term entries with broader market context.
🔹 Features:
View higher timeframe candles (e.g., 1H, 4H, Daily) on intraday charts
Dynamic candle bodies that update in real-time
Accurate wick representation with auto-redrawing
Customizable bullish/bearish colors and transparency
Efficient object management for minimal clutter
🛠️ How to Use:
Add this indicator to a lower timeframe chart (e.g., 1m, 5m, or 15m).
Select a higher timeframe (must be greater than your chart timeframe).
Customize your candle colors and transparency for better visibility.
Watch as each higher timeframe candle evolves live with every bar.
📌 Example: Use a 5-minute chart with a 1-hour HTF overlay to track hourly market structure without switching timeframes.
Dr. Keith Wade Momentum SignalsThis is a heikin Ashli strategy combined with an 18 moving average crossover. Entry at cross of 18 EMA and exit at change of heikin Ashi
Reversal Signal avec TICK + RSIThis indicator is a potential reversal indicator for SCALPING, don't use it for swing. It's base on TICK and on an overbrought/oversold condition of the RSI. You can play with the setting, typicaly I like my TICK to be over reacting an 800/-800 and my rsi over 20 and 80, but it give not enough signal. So I set the TICK signal at 651/-651 and the RSI at 25/75. This indicator is made for SP500 and Nasdaq, so SPY/QQQ/SPX/ES/NQ should work well. It's the first version of it, so maybe I'll add so more data to it to increase signal and lower false one. For now I've test it on live market yet(26/7/25).
The RSI is Fast(5 period), I like to use it on the 1 or 5 min chart.
Please not that it only work during 9h30am to 4pm EST.(Because of the TICK)
Feel free to try and even comment. Don't be harsh on me, it's my first try!
(Sorry for my 'english' it's not my first language)
FAUCON
Advanced DMA Pattern Detection SystemAdvanced DMA Pattern Detection System with Smart Intelligence
Professional-grade moving average indicator that combines traditional DMA analysis with advanced pattern recognition and probabilistic forecasting.
Core Features:
6 Key DMAs (5, 10, 20, 50, 100, 200) with descriptive labels showing trading purpose
Advanced Pattern Recognition - Detects Institutional Accumulation, Distribution Phases, Bull/Bear Transitions, and Choppy Markets
Probability Engine - Assigns confidence scores (0-100%) with Low/Medium/High classifications
Historical Validation - Tracks success rate of last 20 pattern signals for real performance data
Smart Alert System - Only triggers on significant pattern changes (20%+ probability shifts)
Dual Display System:
Movable Information Table - Shows current pattern, probability, confidence level, success rate, and recommended action
Chart Alerts & Background Colors - Visual confirmation of high-confidence setups (80%+ patterns)
Traditional DMA Labels - Clear identification of each average's trading significance
Complete Customization:
Master on/off controls for entire system
Individual toggles for all components (DMAs, table, alerts, colors)
Adjustable alert sensitivity (Conservative/Medium/Aggressive)
6 table positions to fit any chart layout
Perfect For: Swing traders, position traders, and anyone wanting systematic trend analysis with quantified probability scores rather than subjective interpretation.
Bottom Line: Transforms basic moving averages into an intelligent trading system that tells you exactly what the market structure means and what to do about it.
Worthy Asset StrategyThis strategy is designed with a two-part philosophy: a regime filter and a value-based accumulation approach.
🟩 Regime Filter:
If the S&P 500 (SPX) is trading above its 200-period EMA, a green background is shown below the chart, signaling a favorable market regime.
If the SPX is below the 200 EMA, the background turns red, indicating a less favorable environment.
📉 Buy Signals:
Buy signals are generated by red candles that drop a certain percentage from their open — essentially treating these pullbacks as discount opportunities.
The idea is to accumulate more of a selected asset when it becomes temporarily cheaper.
💎 Philosophy & Execution:
I only apply this strategy to assets I’ve personally researched and believe to be fundamentally valuable.
If a Buy signal occurs and the SPX is trading above its 200 EMA (i.e., the background is green), I enter the position.
Once in the trade, I follow this logic:
If the position reaches +1.5% profit, I sell it.
If it doesn’t reach profit and goes into a loss, I simply hold.
I don’t sell at a loss because I believe in the long-term value of the asset.
If the price drops further, I accumulate more — aiming to lower my average cost and eventually exit at a profit once the asset recovers.
This approach is based on the mindset of treating drawdowns as discounts, not danger.
"The more it drops, the more I accumulate — because I see value, not risk."
This is still a work in progress, and I’m actively refining it over time.
⚠️ Note: The sell logic is not yet visible on the chart and will be added in a future update.
SPY, QQQ, VIX - Multi TF Trend Table***CURRENTLY IN BACKTESTING PHASE***
This TradingView script creates a real-time multi-timeframe trend status table for SPY, QQQ, and VIX using the Ripster-style EMA cloud logic.
🔍 What It Shows:
Current Price (1 Min): Live snapshot of each symbol.
10min Trend (5/12 EMA): Short-term momentum.
10min Trend (34/50 EMA): Intermediate-term direction.
1 Hour Trend: Higher timeframe trend.
Daily Trend: Long-term trend using 5/12 and 34/55 EMA alignment.
Each cell is color-coded:
✅ Green = Bullish
❌ Red = Bearish
Yellow can be used for neutral if customized.
⚙️ How It Works:
Uses request.security() to pull multi-timeframe EMA values for each symbol.
Compares fast/slow EMAs to determine bullish or bearish alignment.
The table is refreshed live and placed in a corner of your choice.
✅ Ideal For:
Trend traders using Ripster EMA clouds
SPY/QQQ/VIX correlation watchers
Traders seeking real-time trend clarity across multiple timeframes
Daily Moving Average to Intraday ChartPlaces 200D, 100D, 50D SMAs as well as the 20D EMA onto intraday charts. (Script v6)
Multi-Timeframe EMA Table (Woche, Tag, 4h, 1h)Title: Multi-Timeframe EMA Table (Weekly, Daily, 4h, 1h)
Description:
This Pine Script indicator provides a concise and clear Multi-Timeframe (MTF) Exponential Moving Average (EMA) analysis directly on your TradingView chart. It displays the EMA values for the 1-hour, 4-hour, 1-day, and 1-week timeframes in a customizable table.
Features:
Clear Table Display: Shows the current EMA values for predefined higher timeframes (1h, 4h, Day, Week).
Dynamic Status: The status column immediately visualizes whether the current price of your chart is above (Green) or below (Red) its respective Multi-Timeframe EMA.
Customizable EMA Length: The length of the EMA can be easily adjusted via the indicator settings, allowing you to tailor it to your preferred analysis.
Visual Confirmation: The corresponding Multi-Timeframe EMA lines are optionally plotted directly on the chart to visually confirm the table values.
Non-Repainting: The displayed EMA values and lines are programmed to be non-repainting, meaning their values do not change on already closed candles.
This indicator is a useful tool for traders who want to quickly get an overview of the EMA's position across different timeframes without constantly switching their chart timeframe. It's ideal for confirming trends and identifying support and resistance levels from a higher perspective.
🟡🔵🟢🔴Beginner's Assistant by carljchapman🟡🔵🟢🔴
Overview
This indicator dynamically marks highs and lows of the premarket (4:00am-9:30amEST) and opening range. It displays Fair Value Gaps, 9 and 21 period Exponential Moving Averages (EMA) and the Volume Weighted Average Price (VWAP). To really help beginners, it marks suggested entry points on the chart with green or red triangles, when a reasonable trend appears.
Features
Automatically draws blue lines for Premarket High and Low values
Dynamically marks the opening Range region
Visual entry signals for long and short opportunities
Primarily used for stocks/funds , but works with forex and crypto
Quick configuration settings to tailor details for your experience level
Mobile friendly mode
Supports alerts
How To Use
Open your chart, and select a 1 or 2 minute timeframe.
Watch for green triangles and red triangles, hinting at entries for long or short positions. Pay particular attention to the price action as it approaches the bounds of the opening range and the premarket levels. I suggest also using a MACD indicator for confirmation of the trend.
For scalping 0dte Options, switch frequently between the 1 ,2 and 5 minute or higher timeframes. Do this so you will not miss an entry opportunity or be unaware of the overall trend.
As a beginner, until you have refined your strategy and develop risk management, take profits as low as 10%. A small profit can quickly become a much larger loss. With 0dte options, time will devour your profits even when the price doesn’t budge.
What makes this indicator so beginner friendly?
Charts with too many lines and colors are are a nightmare for beginners! And empty charts do not tell the whole story. Simple checkboxes in the configuration settings let you turn on and off features to match your comfort level. As you become more familiar you might try turning off the suggested entries to see if you would have selected the same or better ones yourself. Just one example of how you will learn and verify your knowledge. You will quickly spot Opening Range Breakouts and more.
Why are the triangle pointers not simply above or below the bars?
As a beginner, I like to review charts to see how much the price changed, then estimate how much a contract would move based on its delta. A mouthful, I know. But what price does an arrow pointing up below a bar reflect? Would I have entered at the open or close, low or high? This indicator helps by putting the marker close to the price when indicated. It can even display the actual price on the bar. This is helpful for you to make fast calculations without a measuring tool.
I am an experienced trader. Can this help me make winning trades?
Sure. It can also help you make losing ones! Profit is not guaranteed with any indicator or strategy. This indicator is designed to assist you as you learn and while you trade. You won't see the words BUY or SELL. This is not a signal bot! It is merely a tool to assist you. You can learn a lot by spending time observing price movement using this indicator without ever making a single trade.
🟡🔵🟢🔴
Daily EMAs (8, 21 & 50) with BandDescription:
This script plots the Daily EMAs (8, 21, and 50) on any intraday or higher timeframe chart. It provides a clear, multi-timeframe view of market trends by using daily exponential moving averages (EMAs) and a dynamic visual band. I use this on the major indexes to decide if I should be mostly longing or shorting assets.
-In addition to identifying the trend structure, the 8-Day EMA often serves as a key area where buyers or sellers may become active, depending on the market direction:
-In an uptrend, the 8 EMA can act as a dynamic support zone, where buyers tend to re-enter on pullbacks.
-In a downtrend, the same EMA may act as resistance, where sellers become more aggressive.
-The script also includes a colored band between the 8 and 21 EMAs to highlight the short-term trend bias:
-Green fill = 8 EMA is above the 21 EMA (bullish structure).
Blue fill = 8 EMA is below the 21 EMA (bearish structure).
The 50-Day EMA is included to give additional context for intermediate-term trend direction.
Features:
- Daily EMA levels (8, 21, and 50) calculated regardless of current chart timeframe.
- 8 EMA acts as a potential buyer/seller zone based on trend direction.
- Color-coded band between 8 and 21 EMAs:
- Green = Bullish short-term bias
- Blue = Bearish short-term bias
- Customizable price source and EMA offset.
- Suitable for trend trading, pullback entries, and higher-timeframe confirmation.
Use Cases:
Identify key dynamic support/resistance areas using the 8 EMA.
Assess short-, medium-, and intermediate-term trend structure at a glance.
Enhance confluence for entry/exit signals on lower timeframes.
% / ATR Buy, Target, Stop + Overlay & P/L% / ATR Buy, Target, Stop + Overlay & P/L
This tool combines volatility‑based and fixed‑percentage trade planning into a single, on‑chart overlay—with built‑in profit‑and‑loss estimates. Toggle between ATR or percentage modes, plot your Buy, Target and Stop levels, and see the dollar gain or loss for a specified position size—all in one interactive table and chart display.
NOTE: To activate plotted lines, price labels, P/L rows and table values, enter a Buy Price greater than zero.
What It Does
Mode Toggle: Choose between “ATR” (volatility‑based) or “%” (fixed‑percentage) calculations.
Buy Price Input: Manually enter your entry price.
ATR Mode:
Target = Buy + (ATR × Target Multiplier)
Stop = Buy − (ATR × Stop Multiplier)
Percentage Mode:
Target = Buy × (1 + Target % / 100)
Stop = Buy × (1 – Stop % / 100)
P/L Estimates: Specify a dollar amount to “invest” at your Buy price, and the script calculates:
Gain ($): Profit if Target is hit
Loss ($): Cost if Stop is hit
Visual Overlay: Draws horizontal lines for Buy, Target and Stop, with optional price labels on the chart scale.
Interactive Table: Displays Buy, Target, Stop, ATR/timeframe info (in ATR mode), percentages (in % mode), and P/L rows.
Customization Options
Line Settings:
Choose color, style (solid/dashed/dotted), and width for Buy, Target, Stop lines.
Extend lines rightward only or in both directions.
Table Settings:
Position the table (top/bottom × left/right).
Toggle individual rows: Buy Price; Target (multiplier or %); Stop (multiplier or %); Target ATR %; Stop ATR %; ATR Time Frame; ATR Value; Gain ($); Loss ($).
Customize text colors for each row and background transparency.
General Inputs:
ATR length and optional ATR timeframe override (e.g. use daily ATR on an intraday chart).
Target/Stop multipliers or percentages.
Dollar Amount for P/L calculations.
How to Use It for Trading
Plan Your Entry: Enter your intended Buy Price and position size (dollar amount).
Select Mode: Toggle between ATR or % mode depending on whether you prefer volatility‑based or fixed offsets.
Assess R:R and P/L: Instantly see your Target, Stop levels, and potential profit or loss in dollars.
Visual Reference: Lines and price labels update in real time as you tweak inputs—ideal for live trading, backtesting or trade journaling.
Ideal For
Traders who want both volatility‑based and percentage‑based exit options in one tool
Those who need on‑chart P/L estimates based on position size
Swing and intraday traders focused on objective, rule‑based trade management
Anyone who uses ATR for adaptive stops/targets or fixed percentages for simpler exits
Strategy Chameleon [theUltimator5]Have you ever looked at an indicator and wondered to yourself "Is this indicator actually profitable?" Well now you can test it out for yourself with the Strategy Chameleon!
Strategy Chameleon is a versatile, signal-agnostic trading strategy designed to adapt to any external indicator or trading system. Like a chameleon changes colors to match its environment, this strategy adapts to match any buy/sell signals you provide, making it the ultimate backtesting and automation tool for traders who want to test multiple strategies without rewriting code.
🎯 Key Features
1) Connects ANY external indicator's buy/sell signals
Works with RSI, MACD, moving averages, custom indicators, or any Pine Script output
Simply connect your indicator's signal output to the strategy inputs
2) Multiple Stop Loss Types:
Percentage-based stops
ATR (Average True Range) dynamic stops
Fixed point stops
3) Advanced Trailing Stop System:
Percentage trailing
ATR-based trailing
Fixed point trailing
4) Flexible Take Profit Options:
Risk:Reward ratio targeting
Percentage-based profits
ATR-based profits
Fixed point profits
5) Trading Direction Control
Long Only - Bull market strategies
Short Only - Bear market strategies
Both - Full market strategies
6) Time-Based Filtering
Optional trading session restrictions
Customize active trading hours
Perfect for day trading strategies
📈 How It Works
Signal Detection: The strategy monitors your connected buy/sell signals
Entry Logic: Executes trades when signals trigger during valid time periods
Risk Management: Automatically applies your chosen stop loss and take profit levels
Trailing System: Dynamically adjusts stops to lock in profits
Performance Tracking: Real-time statistics table showing win rate and performance
⚙️ Setup Instructions
0) Add indicator you want to test, then add the Strategy to your chart
Connect Your Signals:
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Go to strategy settings → Signal Sources
1) Set "Buy Signal Source" to your indicator's buy output
2) Set "Sell Signal Source" to your indicator's sell output
3) Choose table position - This simply changes the table location on the screen
4) Set trading direction preference - Buy only? Sell only? Both directions?
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5) Set your preferred stop loss type and level
You can set the stop loss to be either percentage based or ATR and fully configurable.
6) Enable trailing stops if desired
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7) Configure take profit settings
8) Toggle time filter to only consider specific time windows or trading sessions.
🚀 Use Cases
Test various indicators to determine feasibility and/or profitability.
Compare different signal sources quickly
Validate trading ideas with consistent risk management
Portfolio Management
Apply uniform risk management across different strategies
Standardize stop loss and take profit rules
Monitor performance consistently
Automation Ready
Built-in alert conditions for automated trading
Compatible with trading bots and webhooks
Easy integration with external systems
⚠️ Important Notes
This strategy requires external signals to function
Default settings use 10% of equity per trade
Pyramiding is disabled (one position at a time)
Strategy calculates on bar close, not every tick
🔗 Integration Examples
Works perfectly with:
RSI strategies (connect RSI > 70 for sells, RSI < 30 for buys)
Moving average crossovers
MACD signal line crosses
Bollinger Band strategies
Custom oscillators and indicators
Multi-timeframe strategies
📋 Default Settings
Position Size: 10% of equity
Stop Loss: 2% percentage-based
Trailing Stop: 1.5% percentage-based (enabled)
Take Profit: Disabled (optional)
Trade Direction: Both long and short
Time Filter: Disabled
10/20 MA Coil: Progressive Colors & Multi-Day BreakoutThis indicator detects price “coil” setups and highlights potential breakout or breakdown opportunities using moving average alignment and volatility compression.
Features:
• Coil Detection:
• Identifies consolidation when:
• The 10 and 20 MAs are tightly aligned (within user-defined tolerance)
• Price is above both MAs and within 1.5x ADR of them
• The 50 MA is rising
• Progressive Coil Coloring:
• Coil candles are colored in progressively darker orange as the streak continues
• Bullish Breakout Signal:
• Triggers when a green candle follows a coiled bar
• The candle’s body must be greater than or equal to 1 ATR
• Colored lime green
• Bearish Breakdown Signal:
• Triggers when a red candle follows a coiled bar
• The candle’s body must be greater than or equal to 1 ATR to the downside
• Colored black
• Custom Candle Rendering:
• Candle body color represents coil or breakout state
• Wick and border are red or green to reflect price direction
• Optional Debug Tools:
• Coil streak, ATR, and distance from MAs can be plotted for deeper analysis
This script is designed for traders looking to spot price compression and prepare for high-probability moves following low-volatility setups.
ATR Trailing Stop with ATR Targets [v6]What the Indicator Does
This custom TradingView indicator is designed for active traders who want to automate and visualize their trailing stop management and target setting, using true market volatility. It combines the Average True Range (ATR) with dynamic market structure logic to:
Trail a stop-loss behind major swings in real time, using 2×ATR (adjustable) from the highest high in uptrends or the lowest low in downtrends.
Flip trading bias between bullish and bearish when the stop is breached.
Identify and plot three profit targets (at 1, 2, and 3 ATR from the breakout/flip point) after every stop-flip, helping traders scale out or set take-profits objectively.
Maintain a visible presence on your chart every bar to avoid indicator errors, with color and labeling for clear distinction between long/short phases.
How the Indicator Works
1. ATR Calculation
ATR Period and Multiplier: You select your preferred ATR length (default is 14 bars) and a multiplier (default is 2.0).
Volatility Adjustment: ATR measures the average "true" bar range, so the trailing stop and targets adapt to current volatility.
2. Trailing Stop Logic
Uptrend (bullish bias): The indicator tracks the highest high made since the last bearish-to-bullish flip and sets the stop at - .
The stop only raises (never lowers) during an uptrend, protecting gains in strong moves.
Downtrend (bearish bias): Tracks the lowest low made since the last bullish-to-bearish flip, with stop at + .
The stop only lowers (never raises) in a downtrend.
Flip Point: If price closes through the trailing stop, the current bias “flips,” and the logic reverses (bullish to bearish or vice versa). At the new close, flip price and bar index are stored for target calculation.
3. ATR Targets after Flip
After each stop flip:
Three targets—based on the new close price—are calculated and plotted:
Long flip (new bull bias): Target1 = close + 1×ATR, Target2 = close + 2×ATR, Target3 = close + 3×ATR.
Short flip (new bear bias): Target1 = close - 1×ATR, Target2 = close - 2×ATR, Target3 = close - 3×ATR.
These targets help with scaling out, partial profit-taking, or setting automated orders.
4. Visual Feedback
Trailing stop line: Green for long bias, red for short bias.
Targets: Distinct color-coded circles at 1, 2, 3 ATR levels from the most recent flip.
Flip Labels: Mark the bar and price where bias flipped (“Long Flip” or “Short Flip”) for quick pattern recognition.
Subtle background shading: Ensures TradingView's requirement for “indicator output every bar.”
How to Use This Indicator
Parameter Setup
ATR Period and Multiplier: Adjust to match the timeframe and volatility of your instrument.
Lower periods/multipliers for short-term/volatile trading.
Higher values for smoother signals or higher timeframes.
Starting Trend: Set to match the expected initial bias if the instrument has strong trend characteristics.
Trading Application
1. Daily Bias Approach
Establish your bias in line with your trading plan (e.g., only trade long if price is above the previous day's high, short below the previous day's low).
Only look for trades in the indicator's current bias direction, as expressed by the stop and background color.
2. Entry
Use the indicator as a real-time confirmation or trailing stop for your entries.
Breakout: Enter when price establishes the current bias, using the trailing stop as your risk level.
Reversal: Wait for a bias flip after an extended move; enter in the direction of the new bias.
VWAP Rebound: Combine with a VWAP bounce—enter only if the indicator bias supports your direction.
3. Exits/Targets
Trailing stop management: Move your stop according to the plotted line; exit if your stop is hit.
Profit-taking: Scale out or take profits as price approaches each ATR-based target.
Use the dynamic labeling to identify reversal flips and reset your plan if stopped or the bias changes.
4. Market Context
Filter and frame setups by watching correlated indicators (DXY, VIX, AUDJPY, put/call ratio) and upcoming news; trade only in the daily bias direction for best consistency.
5. Practical Tips
Combine this indicator with your custom watchlist and alert settings to get notified on flips or targets.
Review the last label ("Long Flip"/"Short Flip") and targets to plan partial exits.
Remember: ATR adapts to volatility, so the stop and targets stay proportionate even when price action shifts.
EMA Curl Strength+EMA Curl Strength+
Description:
This indicator provides a statistically normalized view of EMA slope momentum using Z-score transformation. By evaluating the rate of change of an EMA and comparing it against its historical behavior, the script highlights momentum shifts in a dynamic, adaptive way.
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How It Works:
• Calculates the slope (percentage change) of a chosen EMA.
• Normalizes the slope using Z-score over a custom lookback period.
• Smooths the resulting signal and computes two signal lines for comparison.
• Assigns dynamic colors based on user-defined Z-score thresholds for mild, moderate, and strong momentum in both directions.
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Visual Features:
• Gradient fill between the Z Curl Line and Signal 1 to highlight slope acceleration.
• Histogram showing the difference between the Z Curl Line and its signal.
• Optional signal crossover shapes between configurable pairs (e.g., Z Curl vs. Signal).
• Background highlights when the Z Curl Line exceeds ±2, indicating strong trending behavior.
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Customization:
• Adjustable EMA length, smoothing lengths, signal lengths, histogram smoothing, and Z-score lookback.
• Separate color controls for:
• Z-score strength bands (mild/moderate/strong up/down)
• Histogram bars
• Signal lines
• Background highlight zones
• Crossover shapes
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Use Cases:
• Momentum Confirmation: Confirm strength when Z Curl exceeds ±2 with matching background highlights.
• Trend Entry Timing: Look for trades when Z Curl crosses above or below the 0-line.
• Scalping: Capture quick directional moves when momentum accelerates.
• Trend Following: Use strong Z Curl values to confirm trade direction and filter sideways action.
• Divergence Detection: Spot divergences between price and Z Curl movement to anticipate reversals.
