Last xHL📈 Last xHL – Visualize Key Highs and Lows
This script highlights the most recent significant highs and lows over a user-defined period, helping traders quickly identify key support and resistance zones.
🔍 Features:
Highest High (HH) and Highest Close/Open (HC) lines
Lowest Low (LL) and Lowest Close/Open (LC) lines
Dynamic updates with each new bar
Gradient-filled zones between HH–HC and LL–LC for visual clarity
⚙️ Customization:
Adjustable lookback period (_length) to suit your trading style
Color-coded lines and fills for quick interpretation
🧠 Use Case:
This tool is ideal for traders who want to:
Spot potential breakout or reversal zones
Identify price compression or expansion areas
Enhance their technical analysis with visual cues
This script is for educational and informational purposes only. It does not constitute financial advice. Always do your own research before making trading decisions.
Trend Analizi
ma rationing🧠 MA Rationing Indicator – Multi-Averaged Momentum + Divergence Zones
This script blends various moving average ratios (SMA, EMA, WMA, RMA) to create a smoothed and zero-centered momentum oscillator. Its goal is to highlight shifts in trend strength and spot possible divergences confirmed by volume.
🔍 Key Features:
• MA Ratio Core: Composite of multiple MA types across a short vs. long smoothing window, plotted against zero for trend clarity.
• Visual Acceleration Markers: Circle color intensity reflects momentum acceleration or deceleration.
• Volume-Supported Divergence: Highlights when price diverges from momentum and volume supports the signal.
• RSI Zone Highlighting: Dynamically draws boxes over RSI Overbought/Oversold regions as sentiment zones form.
• Custom Alerts: Includes alerts for zero-line crosses and divergence + volume confirmation.
This tool is designed for users seeking to combine price action, momentum, and volume into one clear visualization. It does not provide direct trade signals and should be used alongside your broader analysis.
EdgeXplorer – VWAP Cloud RunnerEdgeXplorer – VWAP Cloud Runner
VWAP Cloud Runner is a high-resolution, percentile-based volume-weighted average price (VWAP) cloud designed to help traders track dynamic price positioning across time-anchored VWAP layers. Unlike traditional single-line VWAPs, this tool offers a complete “cloud system” of rolling anchored VWAPs, statistically evaluated and plotted across multiple quantiles to visualize relative value zones and market bias gradients in real time.
Built for traders who depend on volume-informed structure, VWAP Cloud Runner can be used in both trending and ranging environments to identify premium vs. discount conditions, price acceptance, and overbought/oversold behavior — through the lens of aggregated VWAP layers.
⸻
🔍 What Does VWAP Cloud Runner Do?
This indicator computes a user-defined number of rolling anchored VWAPs — each seeded from a recurring anchor period (e.g. every hour, session, or day) — and stores them in memory. From this array of VWAPs, it then calculates statistical percentile levels (Max, High, Median, Low, Min) across the set.
Each percentile level reflects where price sits relative to the historical range of VWAPs, rather than raw price alone. The resulting cloud offers:
• A contextual map of volume-based fair value,
• A way to visually separate trending from reversionary price action,
• And a statistically sound framework for mean reversion, breakout filtering, or value zone trades.
⸻
⚙️ How It Works – Technical Breakdown
1. Anchor Period Selection
Every new bar of the selected anchor timeframe triggers the start of a new VWAP instance. Each VWAP is built over time using standard volume * price accumulation and volume division.
2. Rolling VWAP Array
The user sets the number of VWAPs (VWAP Count) to track (up to 500). Each VWAP updates in real-time and is stored in an internal array.
3. Percentile Calculation
At every new bar:
• The indicator performs percentile interpolation on the array of stored VWAPs using TradingView’s array.percentile_linear_interpolation() method.
• It extracts 5 key percentile levels (Min, Low, Median, High, Max) and plots them live on the chart.
4. Visual Styling & Optional Enhancements
• Lines can be solid or dashed depending on preference.
• Gradient fills between percentile bands form the “cloud.”
• The script includes smoothing logic to soften fills based on the difference between anchor periods, improving legibility.
⸻
📈 What Each Visual Component Represents
Visual Meaning
Max (Green Line) 100th percentile VWAP — the highest anchored VWAP in memory
High (Light Gray Line) ~70th percentile — often used to mark premium zones
Median (Gray Line) 50th percentile VWAP — midpoint of historical VWAPs
Low (Light Gray Line) ~30th percentile — used to gauge discount or acceptance zones
Min (Red Line) 0th percentile — lowest VWAP across all tracked anchors
Gradient Fills Shaded clouds between max/median and min/median, visually representing value extremes
Anchor Highlight A faint gray background briefly appears when a new VWAP is seeded (anchor event)
Dashed Styling Optional dashed lines toggle to differentiate levels without distraction
Everything on screen is statistically anchored and volume-aware — not arbitrary.
⸻
📊 Inputs & Settings Explained
VWAP Cloud Runner Settings
Input Description
Anchor Period Determines how often a new VWAP is seeded. Common examples: 15m, 1h, 1D
VWAP Source Price source used for VWAP calculation (default: hlc3)
VWAP Count Number of rolling VWAPs to store and evaluate. Affects how responsive or stable the cloud is
Toggle / Percentile / Width / Color
Each of the 5 layers — Max, Upper, Median, Lower, and Min — includes:
• Toggle (on/off)
• Percentile (editable for custom statistical boundaries)
• Line Width
• Color
This design gives traders full control to custom-tailor the cloud’s resolution and emphasis.
Style Options
Input Description
Use Dashed Lines Adds rhythm to cloud lines by visually breaking up uniform structure
Enable Gradient Fill Enables shaded cloud fills between Min–Median and Max–Median
Show Anchor Highlight When enabled, highlights the bar where each new VWAP instance is created
⸻
🧠 How to Interpret VWAP Cloud Runner
This tool is built for contextual reading, not explicit signals. Here’s how to interpret what you see:
• Price Near Max → Price is at a volume-weighted extreme → possible overextension or trend strength
• Price Near Min → Price is deeply discounted relative to recent VWAP history → potential reversion
• Price Near Median → Price is in balance → potential for breakout or continuation depending on trend
Use VWAP slope and percentile spacing to read the “shape” of price structure:
• Tight range between all percentiles → compression, awaiting expansion
• Widening gaps → trend formation or volatility burst
• Symmetric curve → balanced distribution
• Skewed cloud → directional bias forming
⸻
🧪 Use Cases and Strategy Tips
• 🎯 Mean Reversion Strategies: Fade extremes when price touches Max or Min and fails to close beyond
• 🛡️ Trend Confirmation: Ride price between High and Max or Low and Min — these zones act as trend channels
• 📉 Breakout Filtering: Use percentile gaps to measure conviction — small gaps = low conviction breakout
• 💡 Volume Fair Value: Trade only when price is near or reclaims the median VWAP → fair value validation
Works seamlessly across assets — whether you’re scalping BTC, swing trading FX pairs, or following trend continuation in equities.
⸻
🔒 Compliance Notice
VWAP Cloud Runner is a data visualization and contextual awareness tool. It does not provide trade signals or advice and should be used in conjunction with your existing strategy and risk parameters.
This script is protected under ETAPX Inc. and is proprietary to the EdgeXplorer platform. Redistribution, resale, or any use outside of TradingView without express written permission is strictly prohibited.
Enhanced Multi-Timeframe Bias Dashboard + VolatilityProvides a table that indicates the RSI, MACD and overall bias across the daily, 4 hour and 1 hour timeframes
Fibonacci 61.8 BUY or SELL (EMA-Filtered)This indicator helps identify Fibonacci-based Buy or Sell zones based on recent pivot highs/lows, but only when filtered by the EMA trend.
✅ Buy Zones: Only when price is above EMA
✅ Sell Zones: Only when price is below EMA
🟩 Draws a 61.8% Fibonacci retracement line
🟥 Adds a label with price value: BUY @ or SELL @
📏 All drawing is based on pivot structure (LL → LH for buy; HH → HL for sell)
📊 EMA Trend Filter
Only draws buy setups when price > EMA
Only draws sell setups when price < EMA
You can change the EMA length:
📈 How It Works – Step by Step
✅ BUY SETUP (LL → LH, only if price > EMA):
Detects pivot low → stores as prevLow
Detects pivot high after that → stores as prevHigh
Calculates Fib Level:
fibLevel = prevLow + (prevHigh - prevLow) * 0.618
Draws a green dashed line at that fib level
Adds a label to the right:
"BUY @ price"
🚫 SELL SETUP (HH → HL, only if price < EMA):
Detects pivot high → stores as prevHigh
Detects pivot low after that → stores as prevLow
Calculates Fib Level:
fibLevel = prevHigh - (prevHigh - prevLow) * 0.618
Draws a red dashed line at that fib level
Adds a label to the right:
"SELL @ price"
✅ Strengths
Simple yet powerful EMA + Fibonacci strategy
Visually clean: only one signal shown at a time
Customizable: style, color, width, offset, precision
Works well for trend continuation trades
⚠️ Limitations
Only shows latest setup, not historical signals
Does not show price breaking fib level or reacting to it
Assumes fixed 61.8% retracement—no multi-level analysis
Doesn't differentiate between minor and major pivots
📌 How to Trade It
🟢 BUY Example:
Price above EMA
Pivot Low → Pivot High → 61.8% level plotted
Wait for price to react at that level to go long
🔴 SELL Example:
Price below EMA
Pivot High → Pivot Low → 61.8% level plotted
Wait for price to react at that level to go short
ADX_Power_IndikatorThe ADX Power Indicator is a technical analysis tool based on the well-known Average Directional Index (ADX) developed by Welles Wilder.
This script visualizes the core components of the ADX system – +DI, –DI, and ADX – in a clean and focused way. It emphasizes the crossovers between +DI and –DI, which can serve as potential entry or exit signals.
🔍 Features
Plots the ADX line as a stepped line to represent trend strength
Displays +DI (green) and –DI (red) lines clearly
Highlights important crossovers with colored crosses:
✅ Buy signal: +DI crosses above –DI (green cross)
❌ Sell signal: –DI crosses above +DI (red cross)
Clean and minimalistic layout – great for combining with other strategies
📈 How to Use
This indicator is ideal for traders who want to:
Measure trend strength using ADX
Detect trend reversals through DI crossovers
Confirm entries and exits based on momentum shifts
The default parameters (14-period DI and ADX) can be adjusted in the script to suit your trading style or market conditions.
EMA-Pack MTFEMA-Pack MTF
This TradingView Pine Script defines a custom indicator called "EMA-Pack MTF" that overlays various types of moving averages and Bollinger Bands across multiple timeframes on a chart. It begins by importing the built-in technical analysis library and defining a custom ma function that calculates several types of moving averages (SMA, EMA, TEMA, DEMA, HMA, and ALMA) based on user input. The ema function is the core logic, retrieving market data for the specified timeframe and calculating fast, mid, slow, 50, 100, and 200-period moving averages along with Bollinger Band components (basis, upper, and lower bands). The function adjusts values to the nearest valid price tick and returns them.
User input fields allow customization of timeframes, source data, moving average types, and Bollinger Band parameters. The script calls the ema function for each selected timeframe (1 minute, 5 minutes, 15 minutes, 1 hour, 4 hours, and 1 day), storing their respective computed values. It then plots the calculated moving averages and Bollinger Band basis lines on the chart, using different colors and line widths to distinguish between them. Some plots are hidden by default (display.none) to reduce chart clutter. This script is useful for multi-timeframe trend analysis using customizable moving averages and Bollinger Bands.
Divergences HeatmapWhen the price is around a support or resistance zone, look for any divergences. Ignore any signals if the price is ranging.
Range Breakout [sgbpulse]Range Breakout
1. Overview
The "Range Breakout " indicator is a powerful tool designed to identify and visually display price ranges on your chart using pivot points. It dynamically draws two distinct boxes – an External Range and an Internal Range – helping traders pinpoint potential support and resistance zones. Beyond its visual representation, the indicator offers a comprehensive set of 12 unique breakout alerts, providing real-time notifications for significant price movements outside these defined ranges. Additionally, it integrates RSI and MFI metrics for momentum confirmation.
2. How It Works
The indicator operates by identifying pivot points based on user-defined "left" and "right" bar lengths. A high pivot is a bar with a specified number of lower highs both to its left and right, and similarly for a low pivot.
External Range: Calculated using longer pivot lengths (default: 15 bars left, 6 bars right). This range represents broader, more significant price consolidation areas.
Internal Range: Calculated using shorter pivot lengths (default: 4 bars left, 3 bars right). This range captures tighter, more immediate price consolidations within the broader trend.
The External Range will always be greater than or equal to the Internal Range, as it's based on a wider historical context. Both ranges are displayed as transparent boxes on your chart, dynamically adjusting as new pivots are formed.
3. Key Features and Settings
Customizable Pivot Lengths:
External Range (Left/Right Bars): Adjust sensitivity for identifying the broader price range. Longer lengths lead to more stable, but less frequent, range updates.
Internal Range (Left/Right Bars): Adjust sensitivity for the tighter, more immediate price range.
Tool Tips: Minimum 6 bars for the External Range, and minimum 2 bars for the Internal Range.
Customizable Range Colors: Easily change the background colors of the External and Internal Range boxes to match your chart's aesthetic.
Dynamic Range Display: The indicator automatically updates the range boxes as new pivot highs and lows are formed, always presenting the most current valid ranges.
RSI / MFI Settings:
Timeframe Source: Select the timeframe for RSI and MFI calculation.
- Chart: Calculation based on the current chart timeframe.
- Daily: Always calculated based on the daily ("D") timeframe, even if the chart is on a lower timeframe.
RSI Length: Period length for RSI calculation (default: 14).
RSI Overbought Level: Overbought level for RSI (default: 70.0).
RSI Oversold Level: Oversold level for RSI (default: 30.0).
MFI Length: Period length for MFI calculation (default: 14).
MFI Overbought Level: Overbought level for MFI (default: 80.0).
MFI Oversold Level: Oversold level for MFI (default: 20.0).
4. Synergy of Ranges & Breakout Strength
The interaction between the External and Internal Ranges provides deep insights into price movement and breakout strength:
Immediate Direction: The movement of the Internal Range (up or down) indicates the short-term directional bias within the broader framework of the External Range.
Strength Confirmation: A breakout of the External Range, followed by a breakout of the Internal Range, confirms the strength of the move and increases confidence in the breakout.
Strong Momentum ("Leaving" Ranges Behind): When price breaks out with exceptionally strong momentum, it continues to move aggressively and does not immediately form new pivots. In such situations, the existing ranges (External and Internal) remain in place while the candles "leave them behind." A "Full Candle" breakout, where the entire candle moves past both ranges, indicates a particularly powerful and decisive move.
Momentum (RSI / MFI) as Confirmation:
- RSI (Relative Strength Index): Measures the speed and change of price movements. Extreme values (above 70 or below 30) indicate overbought/oversold conditions respectively, confirming strong momentum in a breakout.
- MFI (Money Flow Index): Similar to RSI but incorporates volume. Extreme values (above 80 or below 20) indicate strong money flow in/out, reinforcing breakout confirmation.
- Importance of Confirmation: If a breakout occurs but momentum indicators do not confirm it (for example, an upside breakout while RSI is declining), this could signal weakness in the move and the risk of a false breakout (Fakeout).
5. Visuals
The indicator provides clear visual representations on the chart:
Range Boxes:
Two dynamic boxes are drawn on the chart: one for the External Range and one for the Internal Range.
These boxes update continuously, displaying the current range boundaries based on the latest pivots. They provide an immediate visual indication of support and resistance levels.
RSI/MFI Status Labels:
Small text labels appear to the right of the current bar, vertically centered.
They display the status of RSI and MFI: RSI OB (Overbought), RSI OS (Oversold), MFI OB, MFI OS, along with the exact value.
Important: The labels remain on the chart as long as the condition holds (indicator is above/below the level), unlike alerts which mark a singular crossover event.
Plotting of Key Values:
The indicator plots six invisible series on the chart, primarily to allow the user to view the exact numerical values of:
- The upper and lower bounds of the External Range (External High, External Low).
- The upper and lower bounds of the Internal Range (Internal High, Internal Low).
- The calculated RSI and MFI values (RSI, MFI).
These values are accessible for viewing through TradingView's Data Window and also via the Status Line when hovering over the relevant candle. This enables more precise quantitative analysis of range levels and momentum.
6. Comprehensive Breakout Alerts
The "Range Breakout " indicator provides 12 distinct alert conditions for breakouts, allowing you to select the required level of confirmation for each alert. All alerts are triggered only upon a fully confirmed bar close (barstate.isconfirmed) to minimize false signals and ensure reliability.
All breakout alerts are configured to detect a Crossover/Crossunder of the levels, meaning a specific event where the price moves from one side of the range to the other.
External Range Breakout UP
- Close: Price closes above the External Range.
- Real Body: The entire "real body" of the candle (min of open/close prices) closes above the External Range.
- Full Candle: The entire candle (the lowest point of the candle) closes above the External Range.
External Range Breakout DOWN
- Close: Price closes below the External Range.
- Real Body: The entire "real body" of the candle (max of open/close prices) closes below the External Range.
- Full Candle: The entire candle (the highest point of the candle) closes below the External Range.
Internal Range Breakout UP
- Close: Price closes above the Internal Range.
- Real Body: The "real body" of the candle closes above the Internal Range.
- Full Candle: The entire candle closes above the Internal Range.
Internal Range Breakout DOWN
- Close: Price closes below the Internal Range.
- Real Body: The "real body" of the candle closes below the Internal Range.
- Full Candle: The entire candle closes below the Internal Range.
7. Ideal Use Cases
This indicator is ideal for traders who:
Want to clearly identify and monitor price consolidation zones.
Seek confirmation for breakout strategies across various timeframes.
Require reliable and automated alerts for potential entry or exit points based on range expansion.
8. Complementary Indicator
For even more comprehensive market analysis, we highly recommend using this indicator in conjunction with Market Structure Support & Resistance External/Internal & BoS .
This powerful complementary indicator automatically and accurately identifies significant support and resistance levels by locating high and low pivot points, as well as key Pre-Market High/Low levels. Its strength lies in its dynamic adaptability to any timeframe and asset, providing precise and relevant real-time levels while maintaining a clean chart. It also identifies Break of Structure (BoS) to signal potential trend changes or continuations.
Using both indicators together provides a robust framework for identifying defined ranges and potential trend shifts, enabling more informed trading decisions.
View Market Structure Support & Resistance External/Internal & BoS Indicator
9. Important Note: Trading Risk
This indicator is intended for educational and informational purposes only and does not constitute investment advice or a recommendation for trading in any form whatsoever.
Trading in financial markets involves significant risk of capital loss. It is important to remember that past performance is not indicative of future results. All trading decisions are your sole responsibility. Never trade with money you cannot afford to lose.
Volumetric Compressed MAVCMA uses the compressor and weighted stdev functions originally translated to pine by @gorx1. Compressor is usually used in audio to avoid clipping of certain frequencies. The original idea is actually pretty simple:
ma(simple string smt, float src, simple int len) =>
switch smt
'RMA' => ta.rma(src, len)
'SMA' => ta.sma(src, len)
'EMA' => ta.ema(src, len)
'WMA' => ta.wma(src, len)
'HMA' => ta.hma(src, len)
'LSMA' => ta.linreg(src, len, 0)
=> na
compressor(float in_1, simple int len, simple int thresh_dn_m, simple int thresh_up_m) =>
data = math.log(math.abs(in_1))
loc = ta.wma(data, len)
dev = wstdev(data, len)
thresh_dn = loc + dev * thresh_dn_m
thresh_up = loc + dev * thresh_up_m
math.exp(math.min(math.max(data, thresh_up), thresh_dn)) - math.exp(thresh_up)
compressed_out = compressor(volume, len_window, up_thresh, down_thresh)
comp_ma = ma(ma_type, close * compressed_out, len_ml) / ma(ma_type, compressed_out, len_ml)
vwma = ma(ma_type, close, len_window)
We get the ratio of the compressed volume calculation and plot it with the base MA. Base MA's length is determined by window size input compared to ML length that is used for compressed version.
This provides us another possible confirmation indicator that can be used to take advantage of volume ranges. Autmated crossover alerts are also added. A reminder is that this kind of indicators should not be used on it's own for trading but rather should be used as a confirmation along with your trend detection and main entry indicators to provide additional confluence.
BOR + 08:28BOR + TIME: Precision 1-Minute Opening Range Analysis
METHODOLOGY OVERVIEW
This indicator implements a proprietary time-based trading methodology that combines opening range analysis with precision timing algorithms designed exclusively for 1-minute charts during the New York trading session.
CORE ALGORITHM COMPONENTS
1. Bond Opening Range (BOR) Identification
- Captures the complete price range during 08:00-09:00 NY time
- Establishes the foundational trading range for the session
- Uses high-precision minute-level data to define exact boundaries
2. Critical Time Level Analysis (08:28 Candle)
- Identifies the 08:28-08:29 minute candle as a key reference point
- This specific timing represents a critical juncture before market open
- Captures the exact high/low range of this precise minute
3. Directional Bias Determination (09:00 Analysis)
- At exactly 09:00, compares current price position relative to 08:28 boundaries
- Above 08:28 High: Activates support-seeking mode (bullish bias)
- Below 08:28 Low: Activates resistance-seeking mode (bearish bias)
- Inside 08:28 Range: No directional bias established
4. Dynamic Standard Deviation Projections
- Uses the 08:28 candle range as the mathematical basis for standard deviation calculations
- Support Mode: Projects levels below 08:28 low using range multipliers (-1σ, -2σ, -3σ, -4σ)
- Resistance Mode: Projects levels above 08:28 high using range multipliers (+1σ, +2σ, +3σ, +4σ)
- Levels are active only during 09:00-10:30 trading window
UNIQUE FEATURES
Conditional Logic Engine
- Real-time directional switching based on 09:00 price position
- No static levels - everything adapts to intraday price action
- Eliminates noise by focusing on specific time windows
Precision Timing Requirements
- Requires exact 1-minute timeframe for accurate calculations
- Time-sensitive algorithm that relies on minute-by-minute analysis
- Optimized for high-frequency intraday trading decisions
Mathematical Framework
- Standard deviations calculated using actual candle range data
- Dynamic level spacing based on market volatility (08:28 range)
- Four-tier projection system for multiple target/stop levels
TRADING APPLICATION
Best Used For:
- ES, NQ, YM and other liquid index futures
- Active day trading during NY session (07:00-12:00)
- Scalping and short-term reversal strategies
- Intraday support/resistance identification
Signal Interpretation:
- Red lines represent potential reversal zones
- Direction determined by 09:00 vs 08:28 relationship
- Multiple standard deviation levels provide layered entry/exit points
- Time-restricted plotting ensures relevance during active trading hours
IMPORTANT REQUIREMENTS
- ONLY works on 1-minute charts - precision timing is essential
- Designed for New York trading session (futures markets)
- Most effective during high-volume trading periods
CUSTOMIZATION OPTIONS
- Toggle BOR box visibility and transparency
- Enable/disable 08:28 candle highlighting
- Adjust visual elements (colors, transparency)
- Show/hide range information labels
EdgeXplorer - Momentum EngineMomentum Engine by EdgeXplorer
Momentum Engine is a precision-driven oscillator and trend framework engineered to track market momentum with adaptive clarity. Unlike traditional momentum indicators, this engine blends ATR-based envelope logic, multi-mode oscillator scaling, and real-time directional overlays—all in one responsive system.
Designed for intraday traders and swing strategists alike, Momentum Engine offers a streamlined way to visualize momentum direction, impulse strength, and volatility-adaptive trend zones—with minimal noise and maximum context.
⸻
🔍 What Does Momentum Engine Do?
Momentum Engine visualizes market energy through a volatility-aware oscillator and accompanying trend overlays. It adapts dynamically to price behavior and enables traders to:
• Detect momentum waves with real-time visual cues
• Confirm directional bias using trend overlays and impulse zones
• Switch between Regular and Normalized oscillator modes
• See heatmap-based signal confirmation for crossovers
• View optional info panels, labels, and trend bar colors for clarity
It’s a compact yet powerful system built for discretionary and systematic use.
⸻
⚙️ How It Works – Technical Breakdown
1. Trend Envelope Logic
At its core, Momentum Engine constructs a price envelope using:
• The average of the highest closes and highs (Baseline Length)
• The average of the lowest closes and lows
• A multiplied ATR to scale the distance between upper and lower bounds
These bounds determine trend bias:
• Price above the short side of the channel → Bullish
• Price below the long side → Bearish
• In-between → Neutral
A dynamic midline tracks the central channel axis.
2. Oscillator Wave Calculation
The momentum oscillator reacts to price positioning relative to the envelope:
• In Regular Mode, it shows raw price deviation from the trend channel
• In Normalized Mode, it maps price movement into a 0–100 scale with historical scaling logic
Both modes use smoothing (Smoothing) to reduce noise.
3. Overlay Channel (Optional)
• Displays trend floors (bull) and ceilings (bear) on the price chart
• Color-coded trend shifts appear as pulse circles
• Optionally, bars themselves can be recolored for instant trend recognition
4. Heatmap Signal Zones
The background dynamically changes based on oscillator crossovers:
• Bullish signal → Yellow heatmap
• Bearish signal → Blue heatmap
These zones signal momentum ignition, especially helpful for early entries.
⸻
📈 What You See on the Chart
Element Meaning
Green Momentum Wave Bullish pressure (oscillator > midline or >50)
Red Momentum Wave Bearish pressure (oscillator < midline or <50)
Zero Line Base reference in Regular mode
Gray Guide Lines (Normalized) Bands for Overbought (85), Oversold (15), and Neutral (33–50)
Channel Lines Trend bias boundaries (bull/bear zones)
Pulse Marker (Circle) Trend direction change
Bar Colors (Optional) Bull or bear bar overlays for added clarity
Background Heatmap Bullish or bearish impulse confirmation
Info Table (Optional) Real-time trend and oscillator data panel
Debug Labels (Optional) Inline oscillator readings per bar
⸻
📊 Inputs & Settings
Engine Settings
Input Description
Timeframe Optional custom timeframe override
Baseline Length Determines envelope size (larger = smoother trend)
Multiplier Factor Controls ATR-based range expansion
Momentum Wave Settings
Input Description
Mode Regular = raw wave, Normalized = 0–100 scaling
Bull/Bear Colors Wave color customization
Line Width & Smoothing Visual clarity adjustments
Overlay Channel
Input Description
Show Overlay Toggle trend ceilings/floors on chart
Channel Colors Separate bull/bear lines
Trend Bar Color Recolors candle bodies based on trend bias
Signal Heatmap
Input Description
Enable Heatmap Background impulse shading toggle
Bull / Bear Colors Adjust visual tone of crossover zones
Add-ons
Input Description
Show Debug Labels View oscillator values at each bar
Show Info Panel Display current trend, oscillator value, and mode
⸻
🧠 How to Use Momentum Engine
Regular Mode
• Oscillator above 0 = Bullish bias
• Oscillator below 0 = Bearish bias
• Use zero line as your confirmation threshold
Normalized Mode
• 85 → Overbought / exhaustion
• <15 → Oversold / reversal watch
• Crossing 50 → Momentum ignition
• 33–50 → Neutral zone / ranging phase
Visual Interpretation Tips
• Green wave + yellow heatmap = Bull momentum confirmation
• Red wave + blue heatmap = Bear momentum confirmation
• Pulse marker = New trend — evaluate strength with wave slope
• Trend bar coloring = Scan trend alignment at a glance
⸻
🧪 Use Cases & Strategy Ideas
• ⚡ Scalping Impulse Moves
Use oscillator + heatmap crossover to catch directional bursts
• 🔁 Pullback Continuation
Wait for momentum to reset near neutral zone, then re-enter trend
• 📉 Reversal Triggers
Look for divergence or Normalized wave flipping at extremes
• 🎯 Multi-timeframe Confirmation
Set custom timeframe and layer on top of a higher or lower TF structure
🟢 RSI + MACD Bullish Divergence Scannerrsi/macd bullish divergence enter off green bubble. size accordingly.
HL/OL Histogram + (Close-Open)🧠 Core Concept
This indicator is designed to detect meaningful directional intent in price action using a combination of:
Intrabar candle structure (high - open, open - low)
Net price momentum (close - open)
Timed trigger levels (frozen buy/sell prices based on selected timeframe closes)
The core idea is to visually separate bullish and bearish energy in the current bar, and to mark the price at which momentum flips from down to up or vice versa, based on a change in the close - open differential.
🔍 Components Breakdown
1. Histogram Bars
Green Bars (high - open): Represent bullish upper wicks, showing intrabar strength above the open.
Red Bars (open - low): Represent bearish lower wicks, showing pressure below the open.
Plotted as histograms above and below the zero line.
2. Close–Open Line (White)
Plots the difference between close and open for each bar.
Helps you visually track when momentum flips from negative to positive, or vice versa.
A bold black zero line provides clear reference for these flips.
3. Buy/Sell Signal Logic
A Buy Trigger is generated when close - open crosses above zero
A Sell Trigger occurs when close - open crosses below zero
These trigger events are one-shot, meaning they’re only registered once per signal direction. No retriggers occur until the opposite condition is met.
📈 Trigger Price Table (Static)
On a signal trigger, the close price from a lower timeframe (15S, 30S, 1, 2, 3, or 5 min) is captured.
This price is frozen and displayed in a table at the top-right of the pane.
The price remains fixed until the opposite trigger condition fires, at which point it is replaced.
Why close price?
Using the close from the lower timeframe gives a precise, decisive reference point — ideal for planning limit entries or confirming breakout commitment.
🛠️ Use Cases
Momentum traders can use the histogram and line to time entries after strong open rejection or close breakouts.
Scalpers can quickly gauge intrabar sentiment reversals and react to new momentum without waiting for candle closes.
Algo builders can use the frozen price logic as precise entry or confirmation points in automated strategies.
Top 10 NASDAQ Resilience + DD BandsTracks the top 10 weighted stocks in NQ and has DD bands from RS included.
VIX-Price Covariance MonitorThe VIX-Price Covariance Monitor is a statistical tool that measures the evolving relationship between a security's price and volatility indices such as the VIX (or VVIX).
It can give indication of potential market reversal, as typically, volatility and the VIX increase before markets turn red,
This indicator calculates the Pearson correlation coefficient using the formula:
ρ(X,Y) = cov(X,Y) / (σₓ × σᵧ)
Where:
ρ is the correlation coefficient
cov(X,Y) is the covariance between price and the volatility index
σₓ and σᵧ are the standard deviations of price and the volatility index
Enjoy!
Features
Dual Correlation Periods: Analyze both short-term and long-term correlation trends simultaneously
Adaptive Color Coding: Correlation strength is visually represented through color intensity
Market Condition Assessment: Automatic interpretation of correlation values into actionable market insights
Leading/Lagging Analysis: Optional time-shift analysis to detect predictive relationships
Detailed Information Panel: Real-time statistics including current correlation values, historical averages, and trading implications
Interpretation
Positive Correlation (Red): Typically bearish for price, as rising VIX correlates with falling markets. This is what traders should be looking for.
Negative Correlation (Green): Typically bullish for price, as falling VIX correlates with rising markets
How to use it
Apply the indicator to any chart to see its correlation with the default VIX index
Adjust the correlation length to match your trading timeframe (shorter for day trading, longer for swing trading)
Enable the secondary correlation period to compare different timeframes simultaneously
For advanced analysis, enable the Leading/Lagging feature to detect if VIX changes precede or follow price movements
Use the information panel to quickly assess the current market condition and potential trading implications
Price Action Breakout – CALL/PUT AlertsThis strategy generates CALL or PUT alerts based on price breakouts confirmed by EMA and volume filters.
🔍 Breakout Logic
📈 CALL Alert (Bullish Breakout):
Price closes above EMA
Price breaks above previous high
Volume is above average × multiplier
📉 PUT Alert (Bearish Breakout):
Price closes below EMA
Price breaks below previous low
Volume is above average × multiplier
🎯 Alert Structure
CALL 📈 / PUT 📉
Entry Price
Take Profit (TP) – Based on risk/reward ratio
Stop Loss (SL) – Based on percentage distance from entry
📊 Chart Elements
Labels on breakout candle with full alert info
Horizontal lines for TP and SL levels
Works on any timeframe (e.g., 15min for intraday)
✅ Use Case
Ideal for options traders, scalpers, and automated alerts
200 EMA, 50 EMA, 21 EMAEMA Indicator 3 in 1 (21,50,200) Why download three individual indicator in you can have all in one.
MOM Buy/Sell + MACD Histogram Signal TableJarmo script ETGAG to be used for chart analysis
Meant to assist with determining how to choose direction
moh1//@version=6
indicator("moh1", overlay=true)
// === الإعدادات ===
length = input.int(20, title="عدد الشموع (حساسية الاتجاه)")
src = input.source(close, title="مصدر السعر")
maType = input.string("EMA", title="نوع المتوسط", options= )
// الألوان
colorUp = input.color(color.green, title="لون الاتجاه الصاعد")
colorDown = input.color(color.red, title="لون الاتجاه الهابط")
colorSide = input.color(color.yellow, title="لون الاتجاه العرضي")
sensitivity = input.float(0.1, title="حساسية الاتجاه العرضي (%)", minval=0.01)
// === حساب المتوسط ===
ma = maType == "EMA" ? ta.ema(src, length) : ta.sma(src, length)
// === تحليل الاتجاه ===
ma_slope = ma - ma
slope_pct = ma_slope / ma * 100
trendColor = slope_pct > sensitivity ? colorUp :
slope_pct < -sensitivity ? colorDown :
colorSide
// === رسم الخط المتغير اللون ===
plot(ma, title="خط الاتجاه", color=trendColor, linewidth=2)
ADR% Table by VikramCalculates ADR on variable time periods and displays the output as table rather than line chart
Relative StrengthDescription:
This indicator provides a simplified yet powerful method for measuring a stock's momentum based on its proximity to its recent high. It is a direct implementation of a trading concept discussed in a lecture from the New York Institute of Finance.
Core Concept
The underlying theory, supported by academic research, is that a stock making a new high is one of the most bullish signals possible. Such stocks have a statistical tendency to continue making new highs in the near term.
Instead of requiring complex relative strength calculations against a universe of stocks, this indicator uses a simple and elegant ratio to act as a proxy for momentum:
Indicator Value = Current Close / Highest High of Lookback Period
A value approaching 1.0 indicates the stock is strong and nearing a new high. A value at 1.0 means a new high has just been made.
How to Use This Indicator
The indicator consists of two primary components:
RS Line (Teal): The core momentum calculation (Close / High).
Signal MA (Orange): A moving average of the NHRS Line, which acts as the trigger for signals.
The signals are generated based on the crossover between these two lines:
BUY Signal: When the RS Line crosses ABOVE its moving average. This suggests that short-term momentum is accelerating and a new uptrend may be starting. The background will turn green.
SELL Signal: When the RS Line crosses BELOW its moving average. This indicates that momentum is fading and it may be prudent to exit the position to avoid a decline. The background will turn red.
Indicator Settings
You can customize the indicator to fit your trading style and the timeframe you are analyzing:
High Lookback Period: Choose the period for the "Highest High" calculation. Options range from 1 Month to 12 Months (52 weeks), allowing you to measure short-term or long-term strength.
Moving Average Length: Adjust the length of the signal line's moving average. The lecturer defaults to 26 weeks for a six-month view.
Moving Average Type: Select the type of moving average for the signal line (SMA, EMA, WMA, HMA).
Credits and Inspiration
Proper credit is essential. This script is a practical application of a concept that builds upon foundational academic work.
The core idea that a stock's proximity to its 52-week high is an investable anomaly was detailed in the 2004 Journal of Finance paper:
"The 52 Week High and Momentum Investing" by Thomas J. George and Chuan-Yang Hwang.
The lecturer's contribution, which this script implements, was to simplify this concept into an actionable trading tool by applying a moving average crossover to generate clear and objective buy and sell signals.
Disclaimer: This tool is for educational and informational purposes only. It is not financial advice. All trading involves risk, and you should always perform your own research and backtesting before making any trading decisions.
