stelaraX - MACDstelaraX – MACD
stelaraX – MACD is a classic momentum and trend-following indicator based on the relationship between two exponential moving averages. It is designed to visualize trend direction, momentum strength, and potential reversal points in a clear and uncluttered way.
This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation.
stelarax.com
Core logic
The MACD is calculated using three user-defined parameters:
* fast moving average period
* slow moving average period
* signal line smoothing period
The indicator consists of:
* the MACD line, calculated as the difference between the fast and slow EMA
* the signal line, which is an EMA of the MACD line
* the histogram, representing the difference between MACD and signal line
Momentum increases when the histogram expands and decreases when it contracts. Crossovers between the MACD line and the signal line highlight potential trend shifts.
Visualization
The script plots:
* the MACD line
* the signal line
* a color-coded histogram
Histogram bars adapt their color dynamically:
* green tones for positive momentum
* red tones for negative momentum
* brighter colors when momentum is increasing
* softer colors when momentum is weakening
A zero baseline is plotted to clearly separate bullish and bearish momentum phases.
Use case
This indicator is intended for:
* momentum and trend analysis
* identifying trend continuation and exhaustion
* confirming price action and breakout signals
* divergence observation between price and momentum
For traders looking to combine classical indicators with modern AI-driven chart analysis, additional tools are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
Trend Analizi
stelaraX - Keltner ChannelstelaraX – Keltner Channel
stelaraX – Keltner Channel is a volatility-based price channel indicator that combines an exponential moving average with the Average True Range to define dynamic upper and lower boundaries around price. The indicator is designed to highlight trend direction, volatility expansion, and potential breakout or mean reversion zones.
For advanced AI-based chart analysis and automated volatility interpretation, visit stelarax.com
Core logic
The indicator calculates the Keltner Channel using three components:
* an exponential moving average as the central basis line
* an upper band defined as EMA plus a multiple of ATR
* a lower band defined as EMA minus a multiple of ATR
Both the EMA period and ATR period are user-configurable, as well as the ATR multiplier, allowing precise control over channel width and sensitivity.
Visualization
The script plots:
* the EMA basis line
* the upper Keltner Channel band
* the lower Keltner Channel band
The area between the upper and lower bands can be filled with a semi-transparent color to clearly visualize the active volatility range. All colors are fully customizable for clean chart integration.
Use case
This indicator is intended for:
* trend-following and channel-based strategies
* identifying volatility expansion and contraction
* breakout and pullback analysis
* dynamic support and resistance evaluation
* combining volatility with trend direction
For a fully automated AI-driven chart analysis solution, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - Ichimoku CloudstelaraX – Ichimoku Cloud
stelaraX – Ichimoku Cloud is a complete trend and market structure indicator based on the traditional Ichimoku Kinko Hyo system. The indicator visualizes trend direction, momentum, and support and resistance zones using a single integrated framework.
For advanced AI-based chart analysis and automated multi-indicator interpretation, visit stelarax.com
Core logic
The indicator calculates all main Ichimoku components using configurable periods:
* Tenkan-Sen is calculated as the midpoint of the highest high and lowest low over a short period
* Kijun-Sen is calculated as the midpoint over a medium period
* Senkou Span A is the average of Tenkan-Sen and Kijun-Sen and is projected forward
* Senkou Span B is the midpoint over a longer period and is projected forward
* Chikou Span represents current price shifted back by the displacement value
This structure provides a complete view of trend, momentum, and equilibrium.
Visualization
The script plots all Ichimoku elements directly on the chart:
* Tenkan-Sen and Kijun-Sen lines
* Chikou Span plotted backward
* Senkou Span A and Senkou Span B projected forward
* filled cloud area between Senkou spans
The cloud color dynamically reflects bullish or bearish conditions depending on the relationship between Senkou Span A and Senkou Span B.
Use case
This indicator is intended for:
* identifying overall trend direction and strength
* spotting dynamic support and resistance zones
* evaluating momentum and trend continuation
* filtering trades using cloud bias
* multi-timeframe trend alignment
For a fully automated AI-driven chart analysis solution, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - ATRstelaraX – ATR
stelaraX – ATR is a volatility indicator based on the Average True Range (ATR). It measures the average price movement over a defined period and provides a clear view of current market volatility independent of price direction.
For advanced AI-based chart analysis and automated volatility evaluation, visit stelarax.com
Core logic
The indicator calculates the Average True Range using a user-defined period.
ATR is derived from the true range, which considers:
* current high minus current low
* absolute difference between current high and previous close
* absolute difference between current low and previous close
The ATR value reflects the average volatility over the selected lookback window.
Visualization
The script plots a single ATR line in a separate indicator pane:
* smooth volatility line
* configurable period length
* customizable line color
* clean and minimal visual design
The indicator does not generate signals and is intended purely for volatility assessment.
Use case
This indicator is intended for:
* measuring market volatility
* defining dynamic stop loss and take profit distances
* position sizing and risk management
* identifying volatility expansion or contraction
* filtering trades based on market conditions
For a fully automated AI-driven chart analysis solution, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - ADXstelaraX – ADX
stelaraX – ADX is a trend strength indicator based on the Average Directional Index (ADX) and its directional components DI+ and DI-. The indicator is designed to help traders distinguish between trending and ranging market conditions without focusing on trade direction alone.
For advanced AI-based chart analysis and automated trend evaluation, visit stelarax.com
Core logic
The indicator is calculated using the Directional Movement Index methodology and consists of three components:
* ADX measures overall trend strength
* DI+ represents positive directional movement
* DI- represents negative directional movement
The ADX value is smoothed using a user-defined smoothing period. A configurable threshold level is plotted to visually separate weak and strong trend conditions.
Visualization
The script plots all components in a separate pane:
* ADX line to evaluate trend strength
* DI+ line to show bullish directional pressure
* DI- line to show bearish directional pressure
* horizontal threshold line to highlight trending conditions
Colors for each line and the threshold level are fully customizable.
Use case
This indicator is intended for:
* identifying strong versus weak market trends
* filtering trades based on trend strength
* avoiding range-bound market conditions
* confirming trend continuation or exhaustion
* combining with breakout, structure, or momentum strategies
For a fully automated AI-driven chart analysis solution, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - Auto FibonaccistelaraX – Auto Fibonacci
stelaraX – Auto Fibonacci is an automatic Fibonacci plotting indicator that detects recent pivot highs and pivot lows and draws Fibonacci retracement and extension levels across the latest swing range. The script updates dynamically whenever a new pivot is confirmed, providing an always-current Fibonacci map without manual drawing.
For advanced AI-based chart analysis and automated Fibonacci interpretation, visit stelarax.com
Core logic
The indicator detects swing pivots using a user-defined pivot lookback:
* pivot highs are detected using pivot high confirmation
* pivot lows are detected using pivot low confirmation
When a new pivot is confirmed and both a recent high and low are available, the script:
* defines the swing range between the latest pivot high and pivot low
* draws Fibonacci levels across that range
* extends the levels forward by a configurable number of bars
The plotted level set includes retracements and extensions:
* -0.618 and -0.272
* 0.0, 0.236, 0.382, 0.5, 0.618, 0.786, 1.0
* 1.272 and 1.618
Extensions can be enabled or disabled via a dedicated setting.
Visualization
Fibonacci levels are plotted as horizontal lines and labeled with:
* the Fibonacci ratio
* the corresponding price value
Colors are assigned based on level type:
* 0 and 1 levels use a dedicated highlight color
* 0.5 uses a key level color
* standard retracement levels use a base fib color
* extension levels use a separate extension color
When a new pivot forms, the indicator clears the previous Fibonacci drawings and redraws the full set to keep the chart clean and current.
Use case
This indicator is intended for:
* automatic Fibonacci retracement mapping on the latest swing
* identifying potential reaction levels for pullbacks and continuations
* projecting extension targets beyond the current range
* level-based confluence with structure, liquidity, and zones
* multi-timeframe Fibonacci alignment
For a fully automated AI-driven chart analysis solution, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - Donchian BreakoutstelaraX – Donchian Breakout
stelaraX – Donchian Breakout is a breakout-focused indicator based on the Donchian Channel concept. It identifies bullish and bearish breakouts when price closes outside the previous high–low range, providing clear and rule-based breakout signals.
For advanced AI-based chart analysis and automated breakout evaluation, visit stelarax.com
Core logic
The indicator calculates a Donchian Channel using a user-defined lookback period:
* upper band is the highest high of the previous period
* lower band is the lowest low of the previous period
* middle line represents the midpoint of the channel
Breakout conditions are defined as:
* bullish breakout when price closes above the upper band
* bearish breakout when price closes below the lower band
Using the previous period values avoids repainting and ensures confirmed breakout signals.
Visualization
The script plots:
* upper and lower Donchian Channel boundaries
* a midpoint line for range context
* a filled channel area to visualize the active range
Breakout signals are marked directly on the chart:
* upward triangle for bullish breakouts
* downward triangle for bearish breakouts
All colors are fully customizable.
Alerts
Alert conditions are included for:
* bullish Donchian breakout
* bearish Donchian breakout
Alerts reference the active ticker and trigger only on confirmed breakout conditions.
Use case
This indicator is intended for:
* breakout and trend-following strategies
* identifying range expansions
* systematic Donchian channel trading
* momentum-based entry signals
* multi-timeframe breakout analysis
For a fully automated AI-driven chart analysis solution, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - Donchian ChannelstelaraX – Donchian Channel
stelaraX – Donchian Channel is a classic price channel indicator designed to track market extremes over a defined lookback period. The indicator highlights the highest high and lowest low, providing a clear view of price range, breakout levels, and trend strength.
For advanced AI-based chart analysis and automated range interpretation, visit stelarax.com
Core logic
The indicator calculates the Donchian Channel using a user-defined period:
* upper band represents the highest high over the selected period
* lower band represents the lowest low over the selected period
* middle line represents the midpoint between upper and lower bands
This structure allows traders to quickly identify range boundaries and directional bias.
Visualization
The script plots:
* the upper Donchian Channel line
* the lower Donchian Channel line
* a central midpoint line
The area between the upper and lower bands can be filled with a semi-transparent color to clearly visualize the active trading range. All colors are fully customizable.
Use case
This indicator is intended for:
* breakout and trend-following strategies
* identifying support and resistance ranges
* volatility and range expansion analysis
* channel-based trade management
* multi-timeframe range evaluation
For a fully automated AI-driven chart analysis solution, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
Sakalau02 10 sessionsMarket Sessions: The Institutional Chronological Compass
The "Market Sessions - By Sakalau" indicator is a high-precision visualization tool designed to map the temporal structure of financial markets directly onto your chart. It acts as a chronological guide, helping traders identify volatility cycles and the institutional "changing of the guard" across global financial hubs.
Here is why this script is essential for your strategy:
🌐 Extensive Global Coverage
Unlike standard indicators that only track the "Big Three" (London, New York, Tokyo), this script by Sakalau supports up to 10 fully customizable sessions. This allows you to track specific liquidity pockets, such as the Frankfurt open, Hong Kong, or Mumbai.
📊 Visualizing Market Phases
The indicator uses a Box-based visual system to encapsulate price action within specific timeframes. This makes it easy to identify:
Accumulation Phases: Typically seen during low-volume sessions (Sydney/Asia) where price moves sideways in a tight range.
Expansion/Trend Phases: Identified when a new session (London/NY) breaks out of the previous session’s high or low.
Distribution/Reversals: Indicated when price reaches the boundaries of a session box and fails to sustain the move.
🧠 Advanced Technical Insights
The script does more than draw shapes; it extracts crucial data for execution:
Open/Close Lines: Highlights the session's starting price versus its current trajectory at a glance.
0.5 Median Level (Equilibrium): Automatically plots the midpoint of each session's range. In institutional trading, this is considered "Fair Value"—a magnet for price and a major support/resistance area.
Performance Management: The Lookback feature ensures your chart remains fast and responsive by limiting processing to a set number of days.
🎨 Customization & Clarity
Display Modes: Choose between Boxes, Zones (background highlights), or Timeline views.
Aesthetics: Total control over colors, opacity, and line styles (solid, dashed, dotted) for a premium visual experience.
P.S
Alții caută confirmări, eu desenez zonele ✍️. O unealtă creată pentru cei care înțeleg că în trading, CÂND tranzacționezi este la fel de important ca CE tranzacționezi — nu uitați să verificați 0.5-ul! — Semnat, Andrei (Sakalau02)🧭🎯⌛💎
Benner Cycle Map (A/B/C)Benner Cycle Map (A/B/C Years) + Macro Events • Educational Overlay
Description:
This script is an educational overlay that visualizes the classic Benner Cycle “A/B/C” year map (as presented on the historical Benner card) and optionally plots a curated set of major macro/market events (e.g., 1929 Crash, 9/11, Lehman, COVID) for historical context.
⚠️ Important: This indicator is NOT a trading strategy, does NOT generate buy/sell signals, and does NOT predict future market outcomes. It should not be used as financial advice.
What it shows:
A years (Panic)
B years (Good Times / Sell years)
C years (Hard Times / Buy/Accumulate years)
Optional Macro Events Overlay (context markers only)
Key features
Dynamic rebuild on zoom/pan (keeps labels aligned with the visible range)
Full customization: label position (Top/Center/Bottom), colors, opacity, sizes
Multiple label formats: horizontal, stacked, or vertical-styled (simulated via line breaks)
Background regime shading with selectable overlap priority
Two on-chart panels: Legend + Current Year Status
How to use (educational use-case)
Use this overlay to study historical clustering of the mapped years against price behavior and major events. It’s best viewed on higher timeframes (weekly/monthly) to reduce clutter.
Disclaimer
Markets are complex and influenced by countless variables. The Benner cycle map and the event markers shown here are provided for learning and visualization only. Past patterns do not guarantee future results. Always do your own research and risk management.
VWAP Trader NXiThe VWAP (Volume-Weighted Average Price) is a technical indicator that calculates the average price of a security based on price and volume. It serves as a key benchmark for intraday trends for day traders: If the price is above it, the market is considered bullish; below it, bearish. The VWAP is usually recalculated daily to find fair entry or exit points. Key facts about the VWAP: Calculation: (Sum(Price) × Volume) / Total Volume). Application: Particularly popular in day trading to identify intraday trends and as a "fair value." Comparison to the Moving Average: Unlike the simple moving average (MA), the VWAP weights trading volume, making it more reliable during strong trending phases. Interpretation: If the price is above the VWAP line, this indicates an upward trend. including a downward trend. Anchored VWAP: Allows the calculation to be started at any point (e.g., a significant high or low) instead of automatically at the market open. Many institutional traders use VWAP to execute large orders in a way that minimizes their impact on the market price.
My setup:
Reverse setup = VWAP is telling your if price is cheap or expensive. Buy after price reverses in discount zone and sell when price in Premium zone. I use big trade as a combination in ATAS to see stop buy/stop sell order.
Trend following = VWAP has a 0.0 center line. This can be use as Resistance or Support. I use trend VWAP with IB (initial balance) zone to determine buy or sell upportunity.
Visit us and more:
www.tradernxi.com
Sakalau02 - 10 SessionsThis Pine Script indicator, "Market Sessions - 10 Sessions", is a professional-grade visualization tool designed to map the temporal structure of the financial markets directly onto your chart. It acts as a "chronological compass," helping traders identify volatility cycles and the institutional "changing of the guard" across global financial hubs.
Here is a breakdown of its core features and why it is ideal for highlighting market phases:
## Comprehensive Global Coverage
While most indicators only track the "Big Three" (London, New York, Tokyo), this script provides support for up to 10 customizable sessions.
Standard Sessions: Tokyo, London, New York, and Sydney.
Extended Hubs: Includes Frankfurt, Hong Kong, Singapore, Shanghai, Toronto, and Mumbai.
Why it matters: This allows you to track specific liquidity pockets, such as the Frankfurt open (which often front-runs London) or the crucial Asian-Pacific overlaps.
## Visualizing Market Phases
The indicator uses a Box-based visual system to encapsulate price action within specific timeframes. This helps in identifying:
Accumulation Phases: Typically seen during lower-volume sessions (like late Sydney or early Tokyo) where price moves sideways in a tight box.
Expansion/Trend Phases: Easily identified when a new session (like London or NY) breaks out of the previous session’s high or low.
Distribution/Reversals: Indicated when price reaches the upper or lower boundaries of a session box and fails to sustain the move.
## Key Technical Insights
The script doesn't just draw boxes; it provides "internal" session data to refine your entries:
Open/Close Lines: Highlights the session's starting price versus its current trajectory, helping you see if a session is "bullish" or "bearish" at a glance.
0.5 Median Level: Automatically plots the mid-point (50% level) of each session's range, which often acts as a significant "fair value" support or resistance area.
Pips & Percentage Tracking: Built-in hooks to calculate the volatility (range) of each session.
## Advanced Customization & Cleanliness
Overlap Management: Includes a "Merge Overlaps" feature to keep the chart clean during periods where multiple major markets are open simultaneously.
Lookback Control: To prevent chart lag, you can limit the history (e.g., last 150 days), ensuring the script runs smoothly even on lower timeframes.
Multi-Display Modes: Choose between Boxes, Zones (background highlights), or Timeline views depending on your preference for price action clarity.
## Summary for Trading Strategy
This indicator is perfect for Power of 3 (PO3) or ICT-style traders who rely on "Time and Price." By highlighting exactly when New York opens relative to London, or where the "London Lunch" stagnation occurs, it helps you avoid "choppy" low-liquidity periods and focus on high-probability volatility windows.
Alții caută confirmări, eu desenez zonele. ✍️ Sakalau02: Semnat, Andrei. (Nu uitați să verificați 0.5-ul!)
WaveTrend Oscillator Lite [SolQuant]The WaveTrend Oscillator Lite indicator provides single-timeframe WaveTrend momentum analysis with overbought and oversold zone detection. It displays the core WT1/WT2 oscillator lines with color-coded gradient fills, making it easy to identify momentum extremes at a glance.
This is the free version of WaveTrend Oscillator , offering the core oscillator engine on a single timeframe without the multi-timeframe overlays, chart signals, alignment stars, or dashboard available in the full version.
█ USAGE
Reading the Oscillator
Two WaveTrend lines (WT1 and WT2) oscillate around a zero line. When WT1 is above WT2, momentum is bullish (default: blue). When below, momentum is bearish (default: magenta). A gradient fill extends between the lines and toward zero, providing an intuitive visual cue of momentum strength and direction.
Extreme Zones
When either WT line crosses above the overbought level, the lines turn red and a red fill highlights the extreme zone. When below the oversold level, the lines turn green with a green fill. These extreme readings indicate potential reversal areas where momentum has stretched to unsustainable levels.
█ DETAILS
The WaveTrend oscillator is calculated in three steps:
1 — An EMA of the typical price (HLC3) is computed over the channel length
2 — The absolute deviation from this EMA is smoothed with another EMA
3 — The normalized difference (CI) is smoothed with an EMA of the average length to produce WT1, and a simple SMA of WT1 produces WT2
█ SETTINGS
• Channel Length: EMA period for the price channel (default: 10).
• Average Length: EMA period for final smoothing (default: 21).
• Over Bought Level 1 / 2: Upper threshold levels for extreme zone detection (default: 60 / 53).
• Over Sold Level 1 / 2: Lower threshold levels for extreme zone detection (default: -60 / -53).
This indicator is an oscillator-based tool and does not constitute financial advice. Overbought and oversold conditions do not guarantee reversals. Past performance does not guarantee future results.
Sakalau02 (10 Sessions)Market Sessions – 10 Customizable Sessions
This indicator plots up to 10 fully customizable market sessions directly on the chart.
Each session can be individually configured with its own time range, color, and label, and is displayed as a dynamic box that automatically tracks the session high and low.
Features
Up to 10 fully customizable trading sessions
Individual session time, color, and name customization
Automatic session high / low tracking
UTC-based session logic with optional weekend filtering
Clean and lightweight visual design for intraday analysis
Well suited for ICT / Smart Money Concepts (SMC) trading
Designed for flexibility and clarity, this indicator allows traders to adapt session analysis to their own trading style while keeping the chart clean and easy to read.
MudHome - HTF Last X Candles (Range + Live Price Label)This indicator provides a live Higher Timeframe (HTF) context overlay on lower-timeframe charts by displaying the most recent HTF candles as a compact inset, alongside a dynamically updating price range.
It plots the last N HTF candles (up to 10), including the currently forming HTF candle, arranged left-to-right in standard chart order. This allows traders to visually track HTF structure, expansion, and volatility in real time while executing on lower timeframes.
Key Features
Displays the most recent HTF candles, including the live, still-forming candle
Candles are drawn to the right of price, preserving chart clarity
Automatically calculates and displays the HTF range high and low across the selected candles
Range labels update dynamically as the current HTF candle expands
Shows a live current-price label, updating tick-by-tick
Clean, minimal presentation — no cluttered OHLC labels
Fully configurable candle spacing, body width, colors, and offsets
Smart Validation
The indicator only renders when the selected timeframe is higher than the chart timeframe
If not, a clear prompt is shown: “Select a higher time frame”
Ideal Use Cases
HTF bias and context on LTF execution charts
Range expansion and contraction analysis
ICT-style dealing range, premium/discount framing
Session and structure awareness without switching timeframes
This tool is designed to act as a live HTF context box, keeping higher-timeframe structure visible at all times while you focus on execution.
Big Tech AI vs AI Semi Market Cap
Recently, Big Tech stocks have faced downward pressure due to growing concerns over whether they can sustain massive AI CapEx and ultimately achieve monetization. In contrast, AI-related semiconductor stocks—the direct recipients of these investment funds—are rebounding and gaining momentum.
Some market participants compare this flow to the Dot-com bubble era. I created this script to track in real-time whether a true "Market Cap Flipping" (reversal) is occurring between the AI Service providers (Big Tech) and the AI Infrastructure providers (Semiconductors).
This indicator aggregates and compares the total Market Capitalization (Price × Shares Outstanding) of two distinct groups:
🟦 Big Tech (AI Solutions & Services): The companies spending heavily on AI infrastructure.
🟧 AI Semiconductors (Hardware & Infra): The companies benefiting from Big Tech's CapEx.
Real-time Comparison: Visualizes the aggregate value of both sectors on a single chart to spot divergence or convergence.
Cap Flipping Watch: Easily identify if the "Hardware" sector's valuation overtakes the "Solution" sector.
Percentage Ratio: Displays a label showing the Semiconductor sector's size relative to Big Tech (e.g., "Semi is 60% of Tech").
Customizable Tickers: You can toggle individual companies On/Off in the settings to adjust your basket.
Big Tech: MSFT, GOOGL, AMZN, META, AAPL, TSLA, PLTR, ORCL, ADBE
AI Semi: NVDA, TSM, AVGO, AMD, MU, ARM, ASML, ANET, MRVL
If the Orange Line (Semi) rises while the Blue Line (Tech) falls/stagnates, it indicates the market is favoring "Infrastructure Builders" over "Service Providers."
Use this to gauge the maturity of the AI investment cycle.
Adaptive Structure Trend Engine (ASTE)Adaptive Structure Trend Engine (ASTE)
Adaptive Structure Trend Engine (ASTE) is a non-repainting, multi-layer trend analysis indicator designed to help traders identify high-quality directional opportunities using market structure and adaptive moving averages. ASTE focuses on trend clarity, confirmation, and signal cleanliness, avoiding indicator noise and repeated signals.
🔍 Core Components
ASTE combines four powerful concepts into a single, structured framework:
• FRAMA (Fractal Adaptive Moving Average)
Detects market structure and directional slope changes.
• KAMA (Kaufman Adaptive Moving Average)
Measures price efficiency and regime stability.
• JMA (Jurik-style Moving Average)
Provides smooth momentum confirmation with minimal lag.
• EMA Hierarchy (21/50 + 50/100/150/200)
Validates trend strength and higher-order alignment.
📊 Signal Types
ASTE produces state-based signals (no repeated alerts on every bar):
1️⃣ Base Signal
Single tiny triangle
• FRAMA slope alignment
• KAMA direction confirmation
• JMA momentum confirmation
• EMA 21/50 trend validation
2️⃣ Strong Signal
Two stacked triangles
• All Base Signal conditions
• PLUS EMA 50/100/150/200 full trend confluence
Signals remain active until an opposite signal of the same type appears.
🎨 Visual Design
• Clean stacked triangle system
• No repainting
• No signal spam
• EMA band with gradual color transition
• Fully configurable visibility options
⚙️ User Controls
• Adjust FRAMA, KAMA, and JMA lengths
• Toggle Base / Strong signals
• Show or hide EMA band
• Works on all markets and timeframes
⚠️ Disclaimer
This indicator is provided for educational and analytical purposes only. It does not constitute financial advice or trade recommendations. Always use proper risk management and confirm signals with additional analysis. Past performance does not guarantee future results.
RSquared (log prices)Rolling Trend R² measures the strength of trends using a rolling R² calculation on log prices. Values near 1 indicate a strong, persistent trend, while low values signal choppy or mean-reverting conditions. Includes regime highlighting, reference levels, and an info panel for quick market state identification.
TSX Sector ETF Overlay// --- Plot Data with Standard Colors ---
plot(xiu, title="TSX 60", color=color.white, linewidth=2)
plot(xfn, title="Financials", color=color.blue, linewidth=2)
plot(xeg, title="Energy", color=color.orange, linewidth=2)
plot(xma, title="Materials", color=color.yellow, linewidth=2)
plot(xgd, title="Gold Miners", color=color.yellow, linewidth=1)
plot(xit, title="Tech", color=color.purple, linewidth=2)
plot(xre, title="REITs", color=color.red, linewidth=2)
plot(xut, title="Utilities", color=color.green, linewidth=2)
plot(xst, title="Staples", color=color.teal, linewidth=2)
stelaraX - Risk CalculatorstelaraX – Risk Calculator
stelaraX – Risk Calculator is a trade planning and risk management indicator that visualizes entry, stop loss, and up to three take profit levels directly on the chart. The script calculates risk amount and position size based on account size and risk percentage, and it supports both long and short trade scenarios.
For advanced AI-based chart analysis and automated trade planning tools, visit stelarax.com
Core logic
The indicator uses a manual signal lock to fix a trade setup:
* enable the signal lock
* input the entry price
* input the stop loss price
* select trade direction (Long or Short)
The script validates the trade direction:
* for Long, stop loss must be below entry
* for Short, stop loss must be above entry
Risk is calculated using account size and risk percentage:
* risk amount in currency is computed from account size and risk percent
* position size is derived from risk amount divided by the stop loss distance
Take profit levels are calculated using risk-to-reward multiples:
* TP1, TP2, TP3 can be enabled or disabled independently
* each TP level is calculated as a multiple of the stop loss distance based on the selected R:R value
Visualization
When the signal is active and valid, the indicator draws:
* entry line with price label
* stop loss line with risk amount label
* up to three take profit lines with R-multiple, price, and projected profit labels
* optional risk zone box between entry and stop loss
* optional info panel summarizing the full trade setup
Line length and display elements can be configured.
Alerts
Alert conditions are available for:
* entry level reached
* TP1 reached
* TP2 reached
* TP3 reached
* stop loss reached
Visual markers can also be displayed when any level is hit.
Use case
This indicator is intended for:
* fixed trade planning with manual entry and stop levels
* position sizing based on account risk
* defining multiple take profit targets using R:R
* visualizing risk and reward directly on the chart
* creating alert-based trade management workflows
For a fully automated AI-driven chart analysis solution, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
