Empiece

Bandas y canales

BuyLow SellHigh Bands | ProjectSyndicate________________________________________ 📊 BuyLow SellHigh (BLSH) Bands Comprehensive Trading Guide – by ProjectSyndicate ________________________________________ 🔰 1. Introduction The BuyLow SellHigh (BLSH) Bands indicator is a powerful technical analysis tool designed for the TradingView platform. Works with any symbol. Gold/FX/indices/oil/crypto/stocks. It provides traders with a clear, visual representation of: • 📈 Overbought conditions • 📉 Oversold conditions This makes it easier to identify high-probability entry and exit points. The indicator is built on: • Dynamic price channels • Fibonacci-based zones • Color-coded market structure 💡 While the BLSH Bands can be used on Forex, Crypto, and Futures, this guide focuses on Gold (XAUUSD) using: • M5 • M15 • M30 timeframes ________________________________________ 🧠 2. Core Concepts The BLSH Bands structure is created using two key components: ________________________________________ 📐 Dynamic Price Bands • Upper and lower bands are calculated using the highest high and lowest low • Based on a user-defined lookback period (fiboPeriod) • Reflects recent volatility and price range This creates a self-adjusting channel that adapts to market conditions. ________________________________________ 🧮 Fibonacci Zones The space between the bands is divided into six Fibonacci-based zones: • 0.786 • 0.618 • 0.500 • 0.382 • 0.214 ⚠️ These are not traditional retracements — they are used to grade price extremity within the channel. ________________________________________ 🎨 Color-Coded Zones Overview Zone (Fib Level) Color Market Condition Interpretation 1.000 – 0.786 🔴 Red Extreme Overbought High reversal / pullback probability 0.786 – 0.618 🟠 Orange Overbought Selling pressure building 0.618 – 0.500 🟡 Yellow Mildly Overbought Bullish momentum weakening 0.500 – 0.382 🟢 Aqua Mildly Oversold Bearish momentum weakening 0.382 – 0.214 🔵 Deep Sky Blue Oversold Strong buying interest 0.214 – 0.000 🔷 Blue Extreme Oversold High bounce / reversal probability 🖤 Solid black separator lines ensure clean visual separation between zones for precise price location. ________________________________________ 🪙 3. Trading Strategies for XAUUSD (Gold) Gold’s volatility and respect for technical levels make it ideal for BLSH Bands strategies. ________________________________________ ⚡ M5 Timeframe – Scalping Strategy Designed for fast mean-reversion trades from extreme zones. 🟢 BUY Setup • Price enters Extreme Oversold (Blue) zone • Bullish confirmation candle appears: o Hammer o Bullish engulfing • Enter BUY 🔴 SELL Setup • Price enters Extreme Overbought (Red) zone • Bearish confirmation candle appears: o Shooting star o Bearish engulfing • Enter SELL 🎯 Take Profit: • Median band (between Yellow & Aqua) 🛑 Stop Loss: • Just outside the outer band ________________________________________ 📆 M15 Timeframe – Day Trading Strategy Balanced timeframe for higher-probability reversals. 🟢 BUY Setup • Price enters Oversold (Blue / Deep Sky Blue) • Strong bullish reversal candle closes back inside bands • Enter BUY after close 🔴 SELL Setup • Price enters Overbought (Red / Orange) • Bearish reversal candle closes back inside bands • Enter SELL after close 🎯 Take Profit (Multi-Target): 1. Median band 2. Opposite extreme band 🛑 Stop Loss: • Beyond high/low of confirmation candle ________________________________________ 🔄 M30 Timeframe – Swing Trading Strategy Used for identifying major swing points. 🔍 Trend Filter • Use 100 or 200 EMA • Trade only in trend direction 🟢 Uptrend • Buy pullbacks into Oversold zones 🔴 Downtrend • Sell rallies into Overbought zones 📉 Confirmation: • Band rejection • RSI or MACD divergence 🎯 Take Profit: • Previous structure levels • Opposite band extreme 🛑 Stop Loss: • Below / above recent swing high or low ________________________________________ 🚨 4. Alerts System Alerts are disabled by default to keep charts clean. ✅ How to Enable • Open indicator settings • Check “Enable Alerts” ________________________________________ 🔔 Available Alerts 🔴 Overbought Alert • Trigger: Price crosses above 0.786 • Message: 🔴 SELL SIGNAL: Price entered Overbought Zone – Consider selling or taking profits 🟢 Oversold Alert • Trigger: Price crosses below 0.214 • Message: 🟢 BUY SIGNAL: Price entered Oversold Zone – Consider buying or entering long ________________________________________ ⏱ Alert Spacing Logic • Default: 20/50 bars • Prevents repeated alerts in choppy markets • Filters for higher-quality signals ________________________________________ ⚙️ 5. Customization Settings Adjust the indicator in the Settings panel: 🔧 Core Inputs • fiboPeriod → Band sensitivity • extremes → Price source (High/Low or Close) 🔔 Alert Controls • Enable / disable alerts • Separate control for overbought & oversold • Alert spacing (bars) ________________________________________ ⭐ How You Can Support ProjectSyndicate (3 Steps) 1. ✅ Click “Add to Favorites” to save this script to your TradingView Favorites 2. 🔎 Check out our other scripts to complete your SMC toolkit 3. 👤 Follow ProjectSyndicate for the latest updates, upgrades, and new releases ________________________________________ ⚠️ 6. Disclaimer Trading involves significant risk and may not be suitable for all traders. This indicator is a decision-support tool, not a standalone trading system. Always apply: • Proper risk management • Additional confirmations • Sound trading discipline 📉 Past performance does not guarantee future results.
Indicador Pine Script®
por ProjectSyndicate
3
ChannellerChanneller Pro - Multi-Pivot Regression Channels with Trend Validation What This Indicator Does Channeller Pro automatically detects and draws price channels by connecting multiple pivot points using linear regression rather than simply connecting two points. The indicator displays parallel support and resistance lines that define the current trend channel, along with an optional mid-line for mean reversion analysis. Channels automatically appear when valid trend conditions are met and disappear when the trend structure breaks, keeping your chart clean and showing only actionable information. --- How It Works (Methodology) 1. Multi-Pivot Linear Regression Unlike simple channel indicators that connect only 2 pivot points, this indicator collects 3-5 pivot lows (for bullish channels) or pivot highs (for bearish channels) and calculates a least-squares linear regression line through them. This produces a statistically best-fit trendline that is more resistant to noise from a single errant pivot. The regression calculation outputs: - Slope: The angle/direction of the trend - Intercept: The starting price level - R² (coefficient of determination): A value from 0 to 1 measuring how well the pivot points align. Higher R² means the pivots form a cleaner, more reliable trendline. The default minimum is 0.70. 2. Higher-Low / Lower-High Pattern Validation For a bullish channel to form, the indicator requires each successive pivot low to be higher than the previous pivot low (the definition of an uptrend). For bearish channels, each pivot high must be lower than the previous (downtrend structure). This filter prevents channels from forming during choppy, non-trending conditions. 3. ADX Trend Strength Filter The indicator calculates the Average Directional Index (ADX) to measure trend strength. Channels only appear when ADX exceeds a user-defined threshold (default: 20). When ADX drops below this level, indicating the trend has weakened, channels automatically disappear. This prevents false channels during sideways/ranging markets. 4. Channel Width Calculation Once the regression support line is established, the indicator finds the highest high (for bull channels) or lowest low (for bear channels) between the first and last pivot. A parallel line is drawn at this distance to form the opposite channel boundary. 5. Channel Respect Monitoring The indicator tracks how price interacts with channel boundaries: - Bounces: Price touches the boundary and reverses - Pierces: Price closes beyond the boundary If price pierces through a channel boundary multiple times, the channel is invalidated and removed, signaling the trend structure has broken. --- How to Use This Indicator Identifying Trends - A green channel (bullish) indicates an uptrend with higher lows - A red channel (bearish) indicates a downtrend with lower highs - The R² value in the label shows channel quality (higher = more reliable) Trading Applications - Trend Following: Trade in the direction of the channel slope - Support/Resistance: Use channel boundaries as potential reaction zones - Mean Reversion: The optional mid-line (dashed) can serve as a target for pullback entries - Breakout Preparation: When a channel disappears, it signals the prior trend structure has ended Reading the Labels - "BULL R²:0.85 (4 pivots)" means a bullish channel with 85% regression fit using 4 pivot points - Orange-colored labels indicate weaker channels (R² between 0.70-0.85) - Green/red labels indicate stronger channels (R² above 0.85) --- Input Settings Explained | Setting | Description | |---------|-------------| | Pivot Lookback Left/Right | Bars required on each side to confirm a pivot high/low | | Min Pivots for Channel | Minimum pivot points required (more = stricter) | | Max Pivots to Track | Maximum pivots stored (older pivots are dropped) | | Min R² Score | Minimum regression quality (0.70 = 70% fit) | | ADX Threshold | Minimum ADX value to show channels (20 = moderate trend) | | Require HL/LH Pattern | Enforce higher-lows for bull, lower-highs for bear | --- What Makes This Different This indicator combines multiple validation layers that work together: 1. Regression vs. 2-point lines: More statistically robust trendlines 2. R² quality scoring: Quantifies how clean the trend structure is 3. Pattern validation: Ensures proper trend structure (HL/LH) 4. ADX filtering: Confirms trend exists before drawing channels 5. Auto-invalidation: Channels disappear when broken, not manually These components create a self-cleaning channel system that only displays high-probability trend channels. --- Alerts Available - Bull/Bear Channel Formed - Bull/Bear Channel Broken - New Pivot High/Low Detected
Indicador Pine Script®
por RickyTSpanish
Anchored LRL using ZigZag AnchorAnchored Linear Regression Channel - ZigZag Pivot The Anchored Linear Regression Channel (LRL) dynamically anchors to the most recent ZigZag pivot point, providing traders with a regression-based channel that resets with each significant price swing. HOW IT WORKS: This indicator combines ZigZag pivot detection with linear regression analysis. When price reverses by a specified ATR multiple, a new pivot is identified. After a minimum number of bars, the linear regression channel anchors to this pivot and projects forward to the current bar, recalculating with each new bar. KEY FEATURES: - Dynamic anchoring to ZigZag highs and lows - Customizable ATR-based reversal detection - Two standard deviation channel bands (inner and outer) - Adjustable minimum bars before anchor reset (ideal for scalping on lower timeframes) - Separate controls for ZigZag smoothing vs. anchor reset timing - Color-coded regression line (up/down trend) - Optional line extension to the right - Fully customizable colors and line widths - Visual label marking the anchor pivot point INPUTS: - ATR Reversal: Multiplier for ATR-based pivot detection (default: 2.0) - MA Length: EMA smoothing for ZigZag calculation (default: 5) - ATR Length: Period for ATR calculation (default: 5) - Min Bars After Pivot: Bars required before anchor resets (default: 3, reduce to 1-2 for faster scalping) - Channel Widths: Inner (0.70) and Outer (1.00) standard deviation multiples - Line Colors: Customizable colors for uptrend/downtrend and channel lines - Label Colors: Customizable background and text colors HOW TO USE: 1. Apply the indicator to your chart 2. Adjust "Min Bars After Pivot" based on your timeframe: - 1-minute charts: Use 1-2 bars for quick scalping entries - 5-minute+ charts: Use 3-5 bars for more confirmation 3. Watch for the regression line color to indicate trend direction 4. Use channel bands as potential support/resistance zones 5. The label shows which pivot (high/low) the channel is anchored to BEST PRACTICES: - Lower timeframes (1-5 min): Use lower "Min Bars After Pivot" (1-3) for faster reaction - Higher timeframes: Use higher values (5+) for more confirmed pivots - Combine with price action and volume for confirmation - Adjust ATR Reversal based on instrument volatility NOTES: - This indicator repaints as it recalculates with each new bar - Channel resets when a new ZigZag pivot is confirmed - Not suitable for backtesting strategies due to dynamic nature - Works best on liquid instruments with clear price swings DISCLAIMER: This indicator is for educational and informational purposes only. It does not provide trading signals or guarantees of profitability. Past performance is not indicative of future results. Always perform your own analysis and risk management.
Indicador Pine Script®
por NPR21
Session Range Boxes(MTF)📦 Indicator Name Session Range Boxes (MTF) Multi-Timeframe Directional Session Range Visualization 📘 Description Session Range Boxes (MTF) is a multi-timeframe market structure tool that visually highlights price range behavior across different time sessions using clean, directional range boxes. Each box represents the High–Low range of a completed or live session, automatically colored based on directional bias: 🟢 Bullish → Session Close > Session Open 🔴 Bearish → Session Close < Session Open ⚪ Neutral → Session Close = Session Open This allows traders to instantly identify trend strength, balance zones, volatility expansion, and key support/resistance areas across multiple timeframes — all on a single chart. 🔍 What This Indicator Shows For every enabled timeframe, the indicator: Draws a range box from session open to session close Continuously updates live session High & Low Locks the final color once the session completes Keeps historical boxes for structure and context Supported timeframes: Quarterly Half-Yearly Yearly Monthly Weekly Daily Hourly 30-Minute 15-Minute 5-Minute ⚙️ Default Behavior By default, the indicator enables: Weekly Daily Hourly This default setup is intentionally chosen to suit most traders and provides: Higher-timeframe structure (Weekly) Swing context (Daily) Intraday execution levels (Hourly) 🧠 How to Use It Effectively 📈 Higher-Timeframe Analysis (Swing / Positional Trading) Recommended combinations: Weekly + Daily Monthly + Weekly Use cases: Identify dominant market bias Spot compression vs expansion Define higher-timeframe support & resistance zones ⚡ Intraday Trading (Day Trading) Recommended combinations: Daily + Hourly Hourly + 30-Minute Use cases: Track intraday range development Identify directional day types Trade breakouts, rejections, or mean-reversion within session ranges 🚀 Scalping & Precision Entries Recommended combinations: Hourly + 15-Minute 30-Minute + 5-Minute Use cases: Fine-tune entries within larger session ranges Align lower-timeframe trades with higher-timeframe bias Spot micro range expansion and contraction 🎨 Customization Options Bullish / Bearish / Neutral colors Box fill transparency Border transparency & color Maximum historical boxes per timeframe This allows you to keep charts clean, lightweight, and performance-friendly. 💡 Best Practices Avoid enabling too many timeframes at once — clarity beats clutter Use higher-timeframe boxes for bias, lower-timeframe boxes for entries Combine with: Market structure Volume VWAP Liquidity concepts Price action confirmation Session Range Boxes (MTF) is a clean, powerful visual tool designed to help traders: Understand session-based price behavior Align trades across timeframes Improve structure awareness without clutter Whether you are a scalper, day trader, or swing trader, this indicator adapts seamlessly to your workflow.
Indicador Pine Script®
por jochacko11
EMA Scalping RR 1:2//@version=5 indicator("EMA RR 1:2 Scalping (24H + Fixed SL)", overlay=true, max_labels_count=200, max_lines_count=200) // ===== INPUT ===== fastLen = input.int(9, "Fast EMA") slowLen = input.int(21, "Slow EMA") rr = input.float(2.0, "Risk Reward", step=0.1) atrLen = input.int(14, "ATR Length") slATR = input.float(1.0, "SL = ATR x", step=0.1) adxLen = input.int(14, "ADX Length") minADX = input.int(20, "Min ADX") bodyATR = input.float(0.5, "Big Candle vs ATR", step=0.1) // ===== EMA ===== emaFast = ta.ema(close, fastLen) emaSlow = ta.ema(close, slowLen) plot(emaFast, color=color.orange, linewidth=2) plot(emaSlow, color=color.blue, linewidth=2) // ===== ATR & CANDLE ===== atrVal = ta.atr(atrLen) bigBody = math.abs(close - open) >= atrVal * bodyATR // ===== MANUAL ADX ===== upMove = high - high downMove = low - low plusDM = (upMove > downMove and upMove > 0) ? upMove : 0 minusDM = (downMove > upMove and downMove > 0) ? downMove : 0 trur = ta.rma(ta.tr(true), adxLen) plusDI = 100 * ta.rma(plusDM, adxLen) / trur minusDI = 100 * ta.rma(minusDM, adxLen) / trur dx = 100 * math.abs(plusDI - minusDI) / (plusDI + minusDI) adx = ta.rma(dx, adxLen) trendOK = adx >= minADX // ===== SIGNAL ===== buySignal = trendOK and bigBody and emaFast > emaSlow and close > emaFast and close <= emaFast sellSignal = trendOK and bigBody and emaFast < emaSlow and close < emaFast and close >= emaFast // ===== BUY ===== if buySignal entry = close sl = entry - atrVal * slATR tp = entry + (entry - sl) * rr label.new(bar_index, low, "BUY Entry: " + str.tostring(entry) + " SL: " + str.tostring(sl) + " TP: " + str.tostring(tp), style=label.style_label_up, color=color.green, textcolor=color.white) line.new(bar_index, entry, bar_index+12, entry) line.new(bar_index, sl, bar_index+12, sl, color=color.red) line.new(bar_index, tp, bar_index+12, tp, color=color.green) // ===== SELL ===== if sellSignal entry = close sl = entry + atrVal * slATR tp = entry - (sl - entry) * rr label.new(bar_index, high, "SELL Entry: " + str.tostring(entry) + " SL: " + str.tostring(sl) + " TP: " + str.tostring(tp), style=label.style_label_down, color=color.red, textcolor=color.white) line.new(bar_index, entry, bar_index+12, entry) line.new(bar_index, sl, bar_index+12, sl, color=color.red) line.new(bar_index, tp, bar_index+12, tp, color=color.green)
Indicador Pine Script®
por mail2mangalnath
Market State Engine V2# Market State Engine **Deterministic Confidence-Scoring System for TradingView** A professional-grade PineScript v5 indicator that scores market conditions from 0-100, helping traders identify high-quality trading opportunities through systematic structure analysis, VWAP positioning, order flow dynamics, and time-based context. --- ## 🎯 Overview The **Market State Engine** is not a trading bot—it's a **noise-reduction and opportunity-ranking system** designed to filter market conditions and surface only the highest-quality setups. Instead of blindly taking every signal, this indicator: - ✅ **Scores** market conditions objectively (0-100 scale) - ✅ **Filters** out low-probability setups automatically - ✅ **Classifies** opportunities into A, A+, and A++ grades - ✅ **Alerts** only on confirmed structure shifts with supporting context - ✅ **Keeps the human in control** - provides intelligence, not automation ### Philosophy: Reduce Noise. Enforce Discipline. Surface Quality. --- ## 🚀 Key Features - **Deterministic Scoring** - No black boxes, fully explainable logic - **Multi-Factor Analysis** - Combines 4 independent market state components - **Structure-First Approach** - Only alerts on confirmed pivot breaks - **VWAP Mean Reversion Logic** - Directional filtering based on VWAP zones - **Order Flow Proxy** - CVD divergence and confirmation detection - **Session-Aware Scoring** - Prioritizes high-volume New York sessions - **Alert De-Duplication** - One alert per unique structure shift - **Zero Repainting** - Uses confirmed pivots only (left=2, right=2) - **Fully Configurable** - All parameters exposed as inputs - **Visual Feedback** - VWAP bands, setup labels, and real-time score panel --- ## 📊 Scoring System (0-100) The Market State Engine evaluates **four independent components**, each contributing up to **25 points** for a maximum total score of **100**. ### 🎯 Component Breakdown | Component | Max Points | Description | |-----------|------------|-------------| | **VWAP Context** | 25 | Measures price deviation from session VWAP | | **Structure Shift** | 25 | Confirms pivot breakout (HARD GATE) | | **CVD Alignment** | 25 | Detects order flow divergence/confirmation | | **Time-of-Day** | 25 | Identifies high-probability trading sessions | --- ### 1️⃣ VWAP Context (Max 25 Points) **Purpose:** Identifies extreme price deviations from fair value for mean-reversion opportunities. VWAP (Volume-Weighted Average Price) is calculated session-anchored to New York market time, with standard deviation bands creating zones of opportunity. #### Band Structure: - **1st Band**: ±1σ from VWAP (fair value zone) - **2nd Band**: ±2σ from VWAP (moderate deviation) - **3rd Band**: ±3σ from VWAP (extreme deviation) #### Scoring Logic (Exclusive): ``` Price in 3rd VWAP Band (>2σ and ≤3σ) → +25 points Price in 2nd VWAP Band (>1σ and ≤2σ) → +15 points Otherwise (inside 1σ or beyond 3σ) → 0 points ``` **Key Insight:** The further price stretches from VWAP, the higher the probability of mean reversion. --- ### 2️⃣ Structure Shift (Max 25 Points) — **HARD GATE** **Purpose:** Confirms momentum shift through confirmed pivot breakouts. ⚠️ **CRITICAL:** Structure shift is **mandatory**. If no valid structure shift occurs, the **total score becomes 0** regardless of other factors. #### Detection Method: Uses TradingView's `ta.pivothigh()` and `ta.pivotlow()` functions with **locked parameters**: - **Left bars**: 2 - **Right bars**: 2 - **Source**: Configurable (Wick or Body) - **Break confirmation**: Candle close only #### Bullish Structure Shift: - ✅ Prior swing high exists (confirmed pivot) - ✅ Current candle **closes above** swing high + tick buffer - ✅ Must occur in VWAP 2nd or 3rd band - ✅ **VWAP Filter**: Price must be **at or below VWAP** (lower bands) #### Bearish Structure Shift: - ✅ Prior swing low exists (confirmed pivot) - ✅ Current candle **closes below** swing low - tick buffer - ✅ Must occur in VWAP 2nd or 3rd band - ✅ **VWAP Filter**: Price must be **at or above VWAP** (upper bands) #### Scoring: ``` Valid structure shift → +25 points No structure shift → Total score = 0 ``` **Tick Buffer:** Default 5 ticks (configurable) - prevents false breaks from minor price noise. --- ### 3️⃣ CVD Alignment (Max 25 Points) **Purpose:** Detects institutional order flow through volume delta analysis. CVD (Cumulative Volume Delta) is a proxy for order flow: ``` Close > Open → +Volume (buying pressure) Close < Open → -Volume (selling pressure) ``` #### Scoring Logic: | Condition | Points | Description | |-----------|--------|-------------| | **Divergence** | +25 | Price makes higher high + CVD makes lower high (bearish)Price makes lower low + CVD makes higher low (bullish) | | **Confirmation** | +20 | Price and CVD both make higher highs or lower lows | | **Neutral** | 0 | No clear divergence or confirmation | **Lookback Window:** Last 20 bars (configurable) - prevents stale divergences. **Key Insight:** Divergences suggest weakening momentum, while confirmations validate the trend. --- ### 4️⃣ Time-of-Day Context (Max 25 Points) **Purpose:** Prioritizes high-volume, high-volatility New York sessions. #### Scored Sessions (America/New_York timezone): | Session | Time Range (NY) | Points | Description | |---------|-----------------|--------|-------------| | **Pre-Market** | 03:00 - 04:00 | +25 | Early liquidity injection | | **Market Open** | 09:30 - 11:30 | +25 | Highest volume period | | **Off-Hours** | All other times | 0 | Lower probability setups | **Key Insight:** Structure shifts during active sessions have higher follow-through probability. --- ## 🏆 Setup Classification Setups are graded based on total score thresholds (configurable): | Grade | Score Range | Typical Components | Quality Level | |-------|-------------|-------------------|---------------| | **A++ Setup** | ≥90 | All 4 factors aligned(VWAP 3rd band + Structure + CVD + Session) | Premium - Rare | | **A+ Setup** | ≥75 | Structure + VWAP + CVD or Session(3 of 4 factors) | High - Select | | **A Setup** | ≥60 | Structure + VWAP + Session(Minimum viable setup) | Good - Regular | | **No Grade** | <60 | Insufficient confluence | Filtered out | **Default Thresholds:** - A Setup: 60 points - A+ Setup: 75 points - A++ Setup: 90 points --- ## 📥 Installation ### Step 1: Download the Indicator Download the `market_state_engine.pine` file from this repository. ### Step 2: Add to TradingView 1. Open (www.tradingview.com) 2. Open the **Pine Editor** (bottom panel) 3. Click **"New"** → **"Blank indicator"** 4. Delete all default code 5. Paste the contents of `market_state_engine.pine` 6. Click **"Add to Chart"** ### Step 3: Configure for Your Symbol 1. Click the **gear icon** next to the indicator name 2. Adjust **Tick Size** for your instrument: - ES futures: `0.25` - NQ futures: `0.25` - Stocks: `0.01` 3. Save settings --- ## ⚙️ Configuration ### Symbol Settings | Parameter | Default | Description | |-----------|---------|-------------| | **Tick Size** | 0.25 | Minimum price movement for your symbol | | **Tick Buffer Count** | 5 | Ticks beyond swing for valid break | ### VWAP Settings | Parameter | Default | Description | |-----------|---------|-------------| | **VWAP Band 1 (σ)** | 1.0 | 1st standard deviation multiplier | | **VWAP Band 2 (σ)** | 2.0 | 2nd standard deviation multiplier | | **VWAP Band 3 (σ)** | 3.0 | 3rd standard deviation multiplier | ### Session Settings | Parameter | Default | Description | |-----------|---------|-------------| | **Session 1** | 0300-0400 | Pre-market window (NY time) | | **Session 2** | 0930-1130 | Market open window (NY time) | ### Score Thresholds | Parameter | Default | Description | |-----------|---------|-------------| | **A Setup Threshold** | 60 | Minimum score for A grade | | **A+ Setup Threshold** | 75 | Minimum score for A+ grade | | **A++ Setup Threshold** | 90 | Minimum score for A++ grade | ### CVD Settings | Parameter | Default | Description | |-----------|---------|-------------| | **CVD Divergence Lookback** | 20 | Maximum bars for divergence detection | ### Swing Settings | Parameter | Default | Options | Description | |-----------|---------|---------|-------------| | **Swing Detection Method** | Wick | Wick / Body | Use high/low or open/close for pivots | ### Visual Settings | Parameter | Default | Description | |-----------|---------|-------------| | **Show VWAP Bands** | ✅ | Display VWAP and standard deviation bands | | **Show Setup Labels** | ✅ | Display setup markers on chart | | **Show Score Panel** | ✅ | Display real-time score breakdown | --- ## 📖 How to Use ### Step 1: Apply to 1-Minute Chart ⚠️ **The indicator is locked to 1-minute timeframe** - do not use on other timeframes. ### Step 2: Understand the Visual Signals #### Setup Labels - **Green Triangle (▲)** - Bullish (Long) setup detected - **Red Triangle (▼)** - Bearish (Short) setup detected - Label shows **Grade** (A/A+/A++) and **Total Score** #### VWAP Bands - **Yellow Line** - Session VWAP (fair value) - **Blue Bands** - ±1σ (fair value zone) - **Purple Bands** - ±2σ (moderate deviation) - **Red Bands** - ±3σ (extreme deviation) #### Score Panel (Top Right) Real-time breakdown of all four components: ``` Component Score VWAP Zone 15/25 Structure 25/25 CVD 20/25 Session 25/25 TOTAL 85/100 (A+) ``` ### Step 3: Interpret Signals #### Valid Long Setup: ✅ Green triangle below candle ✅ Price in **lower VWAP bands** (below VWAP) ✅ Structure shift breaks swing high ✅ Score ≥60 #### Valid Short Setup: ✅ Red triangle above candle ✅ Price in **upper VWAP bands** (above VWAP) ✅ Structure shift breaks swing low ✅ Score ≥60 ### Step 4: Set Up Alerts (See Alert Conditions section) --- ## 🚦 Signal Filters (VWAP Zone Logic) The indicator uses **directional VWAP filtering** to prevent counter-trend signals: ### Long Signals (Green) **Only allowed when price is AT or BELOW VWAP** - ✅ Lower 2nd band (-2σ to -1σ) - ✅ Lower 3rd band (-3σ to -2σ) - ✅ At VWAP exactly - ❌ **BLOCKED** in upper bands (above VWAP) **Logic:** Longs when price is stretched below fair value (mean reversion) ### Short Signals (Red) **Only allowed when price is AT or ABOVE VWAP** - ✅ Upper 2nd band (+1σ to +2σ) - ✅ Upper 3rd band (+2σ to +3σ) - ✅ At VWAP exactly - ❌ **BLOCKED** in lower bands (below VWAP) **Logic:** Shorts when price is stretched above fair value (mean reversion) --- ## 🎨 Visual Elements ### Chart Overlays | Element | Color | Description | |---------|-------|-------------| | **VWAP Line** | Yellow | Session-anchored fair value | | **±1σ Bands** | Blue | Fair value zone (no score) | | **±2σ Bands** | Purple | Moderate deviation (15 pts) | | **±3σ Bands** | Red | Extreme deviation (25 pts) | | **Swing Highs** | Red ▼ | Confirmed pivot highs | | **Swing Lows** | Green ▲ | Confirmed pivot lows | | **Session Background** | Light Green | Active high-value session | ### Setup Labels **Bullish Setup:** ``` A+ ▲ 75 ``` Green label below candle, shows grade and score **Bearish Setup:** ``` A++ ▼ 90 ``` Red label above candle, shows grade and score ### Score Panel Real-time table in top-right corner: - Individual component scores (0-25 each) - Total score (0-100) - Current setup grade (A/A+/A++) - Updates in real-time as market conditions change --- ## 🔔 Alert Conditions ### Setting Up Alerts #### Method 1: Built-in Alert Conditions 1. Click **"Create Alert"** in TradingView 2. Select **Market State Engine** as condition 3. Choose alert type: - **Bullish Setup** - Long signals only - **Bearish Setup** - Short signals only - **Any Setup** - All signals 4. Set to **"Once Per Bar Close"** 5. Configure notification method (app, email, webhook) #### Method 2: Custom Alert Message Alert messages include full breakdown: ``` A+ Setup Detected (Score: 85) Components: VWAP(25) + Structure(25) + CVD(20) + Time(15) CVD State: Confirmation Direction: Long Timeframe: 1m ``` ### Alert Behavior ✅ **One alert per unique pivot break** - no spam ✅ **Fires on candle close only** - no repainting ✅ **Minimum score filter** - only A grade or higher (≥60) ✅ **Direction-specific** - separate bullish/bearish conditions ⚠️ **No cooldown between different pivots** - multiple alerts per session allowed if different swing levels break --- ## 🔧 Technical Details ### Timeframe Lock - **Required**: 1-minute chart only - **Reason**: Scoring model calibrated for 1m micro-structure - **Future**: Multi-timeframe support planned for v2 ### Timezone Configuration - **Hard-coded**: `America/New_York` - **Session Detection**: Uses TradingView's native session functions - **Consistency**: All time-based logic uses NY timezone ### Swing Detection Parameters **Locked to specification:** - `ta.pivothigh(source, left=2, right=2)` - `ta.pivotlow(source, left=2, right=2)` **Implications:** - Pivots confirmed 2 bars after formation - No repainting - historical pivots don't move - 4-bar minimum swing structure (2 left + pivot + 2 right) ### VWAP Calculation - **Type**: Session-anchored (resets daily) - **Source**: Typical price `(high + low + close) / 3` - **Weighting**: Volume-weighted - **Standard Deviation**: True population standard deviation ### CVD Proxy Formula ```pine barDelta = close > open ? volume : close < open ? -volume : 0 CVD = cumulative sum of barDelta (session-reset) ``` ### Performance Limits - **Max Labels**: 500 (TradingView limit) - **Max Bars Back**: 500 - **Memory**: Lightweight - uses only essential variables --- ## 💡 Best Practices ### 1. **Use as a Filter, Not a Strategy** ❌ Don't: Blindly take every signal ✅ Do: Use score as confluence for your existing analysis ### 2. **Higher Grades = Better Probability** - **A Setups (60-74)**: Regular opportunities, still require discretion - **A+ Setups (75-89)**: High-quality, multiple factors aligned - **A++ Setups (90-100)**: Rare premium opportunities, strongest edge ### 3. **Respect the VWAP Zone Filter** The indicator **automatically blocks**: - Longs in upper VWAP bands (counter-trend) - Shorts in lower VWAP bands (counter-trend) Trust this logic - it enforces mean reversion discipline. ### 4. **Monitor the Score Panel** Watch which components are scoring to understand **why** a setup formed: - Missing CVD score? → No order flow confirmation - Missing Time score? → Outside high-volume sessions - Low VWAP score? → Weak deviation from fair value ### 5. **Combine with Risk Management** The indicator provides **opportunity scoring**, not position sizing: - Use stop losses based on swing structure - Scale position size with setup grade (larger on A++, smaller on A) - Set profit targets at VWAP or opposing band ### 6. **Session Awareness** Prioritize signals during **active sessions**: - **03:00-04:00 NY**: Pre-market momentum - **09:30-11:30 NY**: Highest volume, tightest spreads Off-hours signals (0 time score) are lower probability but still valid if other factors strong. ### 7. **Understand the Hard Gate** If **no structure shift** occurs: - Total score = 0 - No alerts fire - Other components irrelevant **Why?** Structure shift confirms momentum change - without it, there's no tradable opportunity. ### 8. **Avoid Over-Optimization** Default settings are well-calibrated: - Don't chase "perfect" parameters - Test changes on historical data before live use - Document any modifications ### 9. **Leverage Alert De-Duplication** The indicator prevents spam automatically: - One alert per unique swing break - New swing levels = new alerts - No need to manually filter notifications ### 10. **Supplement with Price Action** Use the indicator alongside: - Support/resistance levels - Order flow footprint charts - Volume profile - Market internals (breadth, TICK, etc.) --- ## 📚 Example Scenarios ### Example 1: A++ Premium Setup (Score: 95) ``` Price: In lower 3rd VWAP band (-2.8σ) → VWAP: 25 pts Structure: Close breaks swing high → Structure: 25 pts CVD: Price LL + CVD HL (bullish div) → CVD: 25 pts Time: 10:15 AM NY (market open) → Time: 25 pts Direction: LONG (price below VWAP) → Valid Grade: A++ (95/100) ``` **Interpretation:** All factors aligned - premium mean-reversion long opportunity. --- ### Example 2: A+ Strong Setup (Score: 80) ``` Price: In upper 2nd VWAP band (+1.5σ) → VWAP: 15 pts Structure: Close breaks swing low → Structure: 25 pts CVD: Price HH + CVD LH (bearish div) → CVD: 25 pts Time: 2:00 PM NY (off-hours) → Time: 0 pts Direction: SHORT (price above VWAP) → Valid Grade: A+ (65/100) ``` **Interpretation:** Strong setup despite off-hours, bearish divergence adds confidence. --- ### Example 3: Filtered Setup (Score: 0) ``` Price: In upper 3rd VWAP band (+2.5σ) → VWAP: 25 pts (if allowed) Structure: Close breaks swing high → Structure: BLOCKED CVD: Price HH + CVD HH (confirmation) → CVD: 20 pts (if allowed) Time: 10:00 AM NY → Time: 25 pts (if allowed) Direction: LONG (price ABOVE VWAP) → ❌ INVALID ZONE Grade: None (0/100) - NO ALERT ``` **Interpretation:** VWAP filter blocked long signal in upper band - prevents counter-trend trade. --- ## 🛠️ Troubleshooting ### No Signals Appearing - ✅ Verify you're on **1-minute chart** - ✅ Check **Tick Size** matches your symbol - ✅ Ensure **VWAP Bands** are visible - ✅ Wait for confirmed pivots (requires at least 5 bars of history) ### Alerts Not Firing - ✅ Confirm alert is set to **"Once Per Bar Close"** - ✅ Check score threshold (must be ≥60 by default) - ✅ Verify VWAP zone filter isn't blocking signals - ✅ Check that structure shift is actually occurring ### Score Always Zero - ✅ No structure shift detected (hard gate active) - ✅ Price may not be in valid VWAP zone (2nd or 3rd band) - ✅ Insufficient swing history (wait for pivots to form) ### Too Many/Too Few Signals **Too many signals:** - Increase **A Setup Threshold** (e.g., 70 instead of 60) - Increase **Tick Buffer Count** (reduces false breaks) **Too few signals:** - Decrease **A Setup Threshold** (e.g., 50 instead of 60) - Decrease **Tick Buffer Count** (more sensitive to breaks) --- ## 📜 License This indicator is provided under the **Mozilla Public License 2.0**. --- ## 🤝 Credits Developed as a professional trading tool for systematic opportunity identification. **Philosophy:** Reduce noise. Enforce discipline. Keep the human in control. --- ## 📞 Support For questions, issues, or feature requests, please consult: 1. This README documentation 2. The specification document (`pinescript_market_state_engine_spec.docx`) 3. Inline code comments in `market_state_engine.pine` --- ## 🔄 Version History **v1.0** (Current) - Initial release - 4-component scoring model (VWAP + Structure + CVD + Time) - VWAP zone directional filtering - Alert de-duplication - Configurable inputs - Real-time score panel - Session-aware logic --- ## 🎓 Understanding the Numbers ### Quick Reference Card | Score Range | Grade | Quality | Typical Use | |-------------|-------|---------|-------------| | 90-100 | A++ | Premium | Highest conviction trades | | 75-89 | A+ | High | Strong probability setups | | 60-74 | A | Good | Acceptable with discretion | | 0-59 | None | Filtered | Skip or wait for confluence | ### Component Contribution Examples **Minimum A Setup (60 points):** - Structure (25) + VWAP 3rd band (25) + Time (25) = 75 ✅ **Typical A+ Setup (75 points):** - Structure (25) + VWAP 2nd band (15) + CVD confirm (20) + Time (25) = 85 ✅ **Maximum A++ Setup (100 points):** - Structure (25) + VWAP 3rd band (25) + CVD divergence (25) + Time (25) = 100 ✅ --- ## 🎯 Final Reminder **This is NOT a trading bot.** **This is NOT financial advice.** **This is a decision-support tool.** Always: - ✅ Use proper risk management - ✅ Understand the logic before trading - ✅ Backtest on your symbols - ✅ Keep the human in control **Happy Trading! 📈**
Indicador Pine Script®
por TC_BE
XAUUSD Pro Swing Strategy (RR 1:2)//@version=5 strategy("XAUUSD Pro Swing Strategy (RR 1:2)", overlay=true, initial_capital=10000, default_qty_type=strategy.percent_of_equity, default_qty_value=2) // ===== INPUTS ===== emaFastLen = input.int(20, "Fast EMA") emaMidLen = input.int(50, "Mid EMA") emaTrendLen = input.int(200, "Trend EMA (HTF)") rsiLen = input.int(14, "RSI Length") atrLen = input.int(14, "ATR Length") atrSLMult = input.float(1.5, "ATR SL Multiplier") rr = input.float(2.0, "Risk Reward") // ===== HTF TREND ===== htfEMA = request.security(syminfo.tickerid, "D", ta.ema(close, emaTrendLen)) // ===== INDICATORS ===== emaFast = ta.ema(close, emaFastLen) emaMid = ta.ema(close, emaMidLen) rsi = ta.rsi(close, rsiLen) atr = ta.atr(atrLen) // ===== TREND CONDITIONS ===== bullTrend = close > htfEMA and emaFast > emaMid bearTrend = close < htfEMA and emaFast < emaMid // ===== ENTRY CONDITIONS ===== buyCond = bullTrend and ta.crossover(emaFast, emaMid) and rsi > 55 sellCond = bearTrend and ta.crossunder(emaFast, emaMid) and rsi < 45 // ===== SL & TP ===== buySL = close - atr * atrSLMult buyTP = close + (atr * atrSLMult * rr) sellSL = close + atr * atrSLMult sellTP = close - (atr * atrSLMult * rr) // ===== ORDERS ===== if buyCond strategy.entry("BUY", strategy.long) strategy.exit("BUY EXIT", "BUY", stop=buySL, limit=buyTP) if sellCond strategy.entry("SELL", strategy.short) strategy.exit("SELL EXIT", "SELL", stop=sellSL, limit=sellTP) // ===== PLOTS ===== plot(emaFast, color=color.orange) plot(emaMid, color=color.blue) plot(htfEMA, color=color.red, linewidth=2) plotshape(buyCond, style=shape.labelup, text="BUY", color=color.green, location=location.belowbar) plotshape(sellCond, style=shape.labeldown, text="SELL", color=color.red, location=location.abovebar)
Estrategia Pine Script®
por mail2mangalnath
Smart Scalper Pro Template + VWAP 📌 Author Garry Evans Independent system developer focused on: Risk-first automation Market structure & liquidity behavior Discipline, consistency, and capital preservation “The edge isn’t the market — it’s the man who survives it.” ⚙️ Risk Management & Position Sizing The script is built around capital protection, not signal frequency. Risk logic includes: Fixed or dynamic risk per trade Market-adaptive position sizing Session-based trade limits Daily trade caps and auto-lockout protection Volatility-aware sizing (futures & crypto) ⚠️ Profit is pursued only after risk is controlled. 📊 Track Record Backtested across multiple market environments Forward-tested and actively used by the author Real-account trades are logged where platform rules allow Results vary by market, timeframe, and user-defined risk settings. 🌍 Supported Markets Designed to work across all liquid markets, including: Stocks Crypto (spot & futures) Options (signal-based framework) Futures (indices, metals, crypto futures) The system adapts to volatility and structure — it is not market-specific. ⚖️ Leverage Leverage is not required If used, leverage is fully user-controlled Risk logic scales exposure conservatively No martingale. No revenge sizing. No over-exposure logic. 🧪 Backtesting ✔ Yes Strategy logic has been backtested Filters reduce chop, noise, and forced trades Focus on drawdown control over curve-fitting 🛠 Support ✔ Yes Direct author support Ongoing improvements and updates Feature refinement based on real usage and feedback 👥 Community ✔ Yes Private user access High-quality feedback environment No public signal spam or hype-driven chat rooms ⏳ Trial Period ✔ Yes Limited trial access available Designed for evaluation only Trial users do not receive full feature access 🚫 Who This Script Is NOT For This system is not for: Traders looking for guaranteed profits Users expecting copy-paste “signal calls” Over-leveraged gamblers Those unwilling to follow risk rules Anyone seeking overnight results This is a discipline and automation tool, not a shortcut. 🧠 Final Positioning This is not a signal service. This is a risk-controlled execution framework designed to: Enforce discipline Reduce emotional trading Protect capital during bad market conditions Scale responsibly during favorable ones
Indicador Pine Script®
por Garrythetrader954305
Pivot Point BouncePivot Point Bounce (Generated by trade-pilot.app Builder) Overview Pivot Point Bounce is an intraday support & resistance indicator that automatically plots daily pivot levels and highlights high-probability bounce reactions from those levels during the trading session. It is designed to help traders identify areas where price is likely to react, reject, or reverse. Daily Pivot Point Levels The indicator calculates daily pivot points based on the previous trading day’s High, Low, and Close: Pivot (P) – central equilibrium level Resistance levels: R1, R2, R3 Support levels: S1, S2, S3 These levels are fixed for the entire trading day and are drawn as horizontal lines on the chart: Pivot: yellow Resistances: red Supports: green This creates a clear intraday liquidity map that updates automatically every new day. Bounce Detection Logic The indicator continuously monitors price interaction with pivot levels and looks for true bounce behavior, not simple touches. A bounce is detected when: Price touches or slightly crosses a pivot level (using an ATR-based tolerance). The next candle closes back on the correct side of the level: Long bounce: price touches S1, S2, or Pivot from below and closes back above with a bullish candle. Short bounce: price touches R1, R2, or Pivot from above and closes back below with a bearish candle. This helps filter out false breaks and focuses on real rejection from key levels. RSI Confirmation RSI is used as an additional confirmation layer: Oversold RSI supports long bounces. Overbought RSI supports short bounces. RSI values and thresholds are fully customizable through inputs. Session Filter Signals are only generated inside the selected trading session (default: 09:30–16:00 New York time). This prevents signals during low-liquidity or off-market hours. Visual Signals & Alerts When all conditions are met, the indicator: Displays LONG / SHORT labels directly on the chart. Plots directional arrows at signal candles. Supports TradingView alerts for automated notifications. Why This Indicator Is Useful Clearly visualizes institutional pivot levels. Helps identify high-probability bounce trades. Avoids random entries in the middle of price action. Combines structure, momentum, and time-based filtering. Clean, readable, and optimized for intraday trading.
Indicador Pine Script®
por barmoah2
Neeson Volatility Adaptive Tracker ProVolatility Adaptive Tracker Pro: A Comprehensive Multi-Method Trading System Executive Summary The Volatility Adaptive Tracker Pro (VAT Pro) represents a sophisticated fusion of proven technical analysis methodologies with innovative adaptations, creating a unique multi-signal trading system. Unlike single-purpose indicators, VAT Pro combines multiple analytical approaches into a unified framework that addresses the complex realities of modern financial markets. This system is designed for traders who recognize that no single method consistently outperforms, and that market conditions require adaptive, multi-faceted approaches. Original Innovations: What Sets VAT Pro Apart 1. Hybrid Volatility Measurement System Most volatility indicators fall into two categories: those based on standard deviation (like Bollinger Bands) or those based on average true range (ATR). VAT Pro introduces a third approach: a weighted volatility measurement system that gives greater importance to recent price movements while maintaining sensitivity to overall market conditions. This creates a dynamic volatility assessment that adapts more responsively to changing market environments than conventional methods. 2. Dual-Layer Signal Architecture While most indicators generate single-type signals, VAT Pro implements a tiered signaling system that distinguishes between: Primary trend-following signals (based on price crossing adaptive volatility bands) Secondary volume-confirmed signals (requiring both price movement and exceptional volume) This dual-layer approach recognizes that not all market moves have equal significance, and that volume confirmation often signals more substantial moves worthy of special attention. 3. State-Based Logic with Memory Conventional indicators typically generate signals independently on each bar. VAT Pro introduces persistent state tracking that maintains awareness of whether the market is currently in a bullish, bearish, or neutral condition. This prevents signal redundancy, reduces false signals, and provides valuable context for interpreting current market conditions. What VAT Pro Does: Comprehensive Market Analysis Primary Functions Trend Identification: Detects transitions between bullish and bearish market conditions using multiple confirmation criteria. Volume Analysis: Identifies exceptional trading activity that often precedes or confirms significant price movements. Volatility Assessment: Continuously measures market volatility and adjusts sensitivity parameters accordingly. Visual Context Provision: Uses color-coded price bars, trend lines, and clear signal markers to provide immediate visual feedback. Multi-Timeframe Compatibility: Functions effectively across various trading timeframes from intraday to positional trading. Implementation Methodology: The Technical Framework Core Analytical Approaches Among the hundreds of available technical analysis methods, VAT Pro specifically implements and integrates: A. Adaptive Volatility Channel System This approach modifies the traditional volatility channel concept by: Using weighted moving averages for volatility calculation rather than simple or exponential averages Implementing asymmetric response to upward versus downward volatility Maintaining dynamic channel width that adjusts based on recent market conditions The system falls within the broader category of volatility-adjusted trend following but introduces unique adaptations that improve responsiveness while maintaining stability. B. Volume-Price Confirmation Method Within volume analysis, VAT Pro specifically employs: Threshold-based volume spike detection (volume exceeding moving average by specified multiples) Price-direction confirmation (requiring price movement in the expected direction) Contextual filtering (only considering volume signals in specific market conditions) This represents a specific implementation within the volume confirmation family of methods, distinguished by its customizable thresholds and filtering logic. C. Trailing Stop with Adaptive Positioning The system implements a specific variant of trailing stop methodology characterized by: State-dependent positioning (different logic for trending versus ranging markets) Volatility-adjusted distance (stop levels adapt to current market conditions) Memory of previous positions (the system "remembers" previous trend states) This approach represents an advanced form of trailing stop placement that combines elements of volatility adjustment with trend state awareness. Calculation Philosophy: The Core Principles 1. Weighted Response Philosophy VAT Pro operates on the principle that recent market action should have greater influence than distant history, but not to the exclusion of broader context. This is implemented through custom weighting algorithms that balance responsiveness with stability. 2. Multi-Factor Confirmation Principle The system is built on the premise that multiple confirming factors (price action, volume, volatility) provide more reliable signals than single-factor approaches. This represents a practical implementation of convergence/divergence analysis across different market dimensions. 3. State Transition Logic Rather than viewing each bar in isolation, VAT Pro analyzes sequences of price action to determine market states and state transitions. This recognizes that markets often move through identifiable phases (accumulation, trending, distribution, ranging) that require different analytical approaches. 4. Adaptive Sensitivity The system automatically adjusts its sensitivity based on current market volatility, becoming more responsive in low-volatility conditions and more stable in high-volatility environments. This represents a practical implementation of volatility-adjusted trading logic. Practical Application: How to Use VAT Pro Initial Setup and Configuration Parameter Customization: Begin with default settings, then adjust based on: Your trading instrument's typical volatility characteristics Your preferred trading timeframe Your risk tolerance and trading style Visual Configuration: Customize colors and display settings to match your charting preferences while maintaining clear signal visibility. Trading Methodology Integration VAT Pro supports multiple trading approaches: For Trend Following: Use primary signals when confirmed by overall market direction Employ the adaptive line as a dynamic trailing stop Monitor state transitions for trend continuation or reversal clues For Breakout Trading: Watch for high-volume signals at key price levels Use volatility bands to identify potential breakout ranges Employ volume confirmation to distinguish genuine breakouts from false moves For Position Management: Utilize the color-coded bar system for immediate trend awareness Monitor multiple signal types for confirmation or warning signs Adjust position sizes based on signal strength and market state Signal Interpretation Framework Primary Signal Interpretation: Bullish signals suggest potential long opportunities Bearish signals indicate potential short opportunities Signal clustering often indicates stronger moves Volume Signal Significance: High-volume buy signals often precede sustained upward moves High-volume sell signals frequently indicate distribution or panic selling Volume signals without price confirmation require caution Contextual Analysis: Consider market state when interpreting signals Evaluate signal strength based on recent volatility Monitor multiple timeframes for confirmation Performance Characteristics and Best Practices Optimal Market Conditions VAT Pro performs best in markets exhibiting: Clear trending characteristics (for trend-following signals) Occasional volatility expansions (for volume signals) Reasonable liquidity (for accurate volume analysis) Risk Management Integration Use signal strength to adjust position sizing Employ the adaptive line for stop-loss placement Consider market state when determining risk levels Complementary Tools For best results, combine VAT Pro with: Support and resistance analysis Longer-term trend assessment Fundamental analysis (for longer timeframes) Market structure analysis Conclusion: A Modern Multi-Method Approach The Volatility Adaptive Tracker Pro represents a significant advancement in technical analysis tools by intelligently combining multiple proven methodologies into a coherent, adaptive system. Its original innovations in weighted volatility measurement, dual-layer signaling, and state-based logic address common limitations of conventional indicators while maintaining practical usability. By specifically implementing adaptive volatility channels, volume-price confirmation, and state-aware trailing stops, VAT Pro provides traders with a comprehensive toolkit that adapts to changing market conditions while maintaining methodological rigor. This multi-method approach recognizes the complex reality of financial markets while providing clear, actionable signals based on sound technical principles. Whether used as a primary trading system or as a confirming component within a broader strategy, VAT Pro offers sophisticated analytical capabilities in an accessible, visually intuitive format that supports informed trading decisions across various market conditions and timeframes.
Indicador Pine Script®
por neeson1987
Neeson Crypto Cycle - Super Enhanced EditionThe "Neeson Crypto Cycle - Super Enhanced Edition": A Philosophical and Practical Framework for Market Analysis Originality & Core Philosophy Most trading indicators focus on a single domain: pure price action, a specific economic theory, or a handful of technical oscillators. The "Neeson Crypto Cycle" breaks this paradigm. Its fundamental originality lies not in inventing one new mathematical formula, but in architecting a multi-dimensional, multi-timeframe convergence framework. It operates on a core philosophical premise: financial markets are Complex Adaptive Systems (CAS) influenced by a symphony of concurrent cycles. These cycles range from mathematical and technical ones visible on the chart, to fundamental economic rhythms, down to collective human psychology and even speculative meta-patterns. The script is built as a "dashboard of dashboards," attempting to quantify and visualize these disparate layers on a single pane. It does not claim predictive certainty but aims to provide a holistic situational awareness, allowing the trader to identify when multiple, unrelated cycles from different domains align (convergence) or conflict (divergence). What It Does & How It Achieves It The indicator functions as a comprehensive market-phase and sentiment analysis engine implemented directly on the TradingView chart. It is an overlay indicator that provides visual plots, background coloring, signal labels, and, most notably, extensive multi-table data panels. Its implementation can be broken down into several operational layers: 1. The Core Technical Cycle Layer: This is the foundational price-based engine. It simultaneously tracks multiple proprietary cyclical models derived from moving average crossovers with non-standard periods believed to capture crypto-specific rhythms. CCT Pi Cycle: Uses the interaction between a 150-period EMA / 471-period SMA pair (for "bottom" identification) and a 111-period SMA / (350-period SMA * 2) pair (for "top" identification). It identifies golden/death crosses within these specific pairs. Atlantean Signals: A variant using similar periods (471, 150, 350, 111) but with different multipliers (e.g., 0.745) and crossover logic to define "Market Bottom," "Bull Market Start," and "Market Top" events. Bitcoin Cycle: Based on the interaction between a 116-period SMA and a doubled 365-period SMA. Golden Pi Cycle: Another variant using SMAs of 111, 350, 150, and 471 periods. These are not just four random moving average systems; they are distinct models targeting different aspects of the purported "Pi-based" and long-term cyclicality in Bitcoin's price history. The script visually plots these lines and labels their crossover events. 2. The Market Phase & Structural Context Layer: Background Coloring: It dynamically colors the chart background (blue for "Bottom to Top" phase, orange for "Top to Bottom" phase) based on the sequential logic of Atlantean signals, providing immediate visual context for the perceived market regime. Halving Event Annotations: It marks key historical and projected Bitcoin halving dates with vertical lines and labels, anchoring price action to this fundamental supply schedule. 3. The Quantitative Dashboard Layer (Technical & On-Chain): This is where the script transitions from chart plotting to an information system. It renders multiple fixed tables on the chart (bottom-left, bottom-center, bottom-right) only on the last bar. Technical Sentiment Dashboard (Right): A massive table aggregating over a dozen classic and advanced technical indicators (RSI, MACD, Bollinger Bands, Stochastic, ADX, Ichimoku, Parabolic SAR, Fibonacci levels, etc.). For each, it shows a calculated Status (e.g., "Overbought"), a numeric Value, and a concise Advice (e.g., "Sell"). It then groups these into "Cycle Indicators" (status of the core models above) and "Risk Management" metrics (Max Drawdown, Sharpe Ratio simulation, volatility). Synthetic On-Chain Metrics Dashboard (Center): Since TradingView cannot pull real on-chain data, the script ingeniously simulates 80 different on-chain metrics (NVT, MVRV, Hash Rate, Exchange Flows, HODL Waves, S2F, etc.) by deriving them from price and volume data. Each metric displays a name, a simulated value, a signal ("Overvalued"), and a color code. This provides a proxy for the fundamental/network health narrative. Multi-Cycle Systems Dashboard (Left): This table transcends traditional finance, cataloging the status of various long-wave cycles: Economic Cycles: Kondratieff (50-60yr), Kuznets (15-25yr), Juglar (7-11yr), Kitchin (3-5yr), etc., each with a hardcoded current phase (e.g., "Recession (2020-2030)"), impact, and advice. Speculative & Novel Cycles: Lunar, Seasonal, Commodity Super, Debt, and Innovation cycles. Esoteric Systems: A full celestial (astrological) positioning of planets and a Four Pillars of Destiny (Bazi) reading, each with assigned market "impact" and "advice." 4. The Synthesis & Alert Layer: Comprehensive Statistics: The right dashboard concludes with a tally of "Bullish vs. Bearish Signals" from across all technical and cycle indicators, generating an "Overall Sentiment" score. Alert System: It creates TradingView alert conditions for every major crossover event from the core cycle models (CCT, Atlantean, Bitcoin, Golden Pi), allowing for automated notifications. Underlying Calculation Logic & Rationale The logic is built on convergence and weighted evidence. The creator's hypothesis appears to be that significant market turning points are rarely signaled by one indicator in isolation. Instead, they occur when: Multiple Price-Based Cycle Models Align: When the CCT, Atlantean, and Bitcoin cycles all approach a "bottom" or "top" signal near the same time, the probability of a true phase change is considered higher. Technical Conditions Match the Cycle Phase: A "Bull Market Start" signal is more credible if accompanied by oversold RSI/Stochastic, bullish MACD, and money flowing in (rising OBV). The Macro Backdrop Supports the Narrative: The script hardcodes a specific macroeconomic worldview (e.g., "Tightening Credit Cycle," "AI Revolution Tech Cycle") to remind the user of the broader environment the price cycles are operating within. Awareness of "Non-Rational" Drivers: By including astrological and Bazi elements, the script acknowledges that market narratives and crowd psychology can sometimes be influenced by or framed within these non-traditional systems. It doesn't necessarily predict with them but tracks them as potential sentiment catalysts. The calculations for technical indicators are standard. The novelty is in their collective presentation and the synthetic creation of supporting data realms (on-chain, economic, esoteric) to form a complete, albeit highly speculative, "universe" of market-influencing factors. How to Use It: A Practical Guide This is not a "set and forget" system that generates simple buy/sell arrows. It is a decision-support and research tool. Market Phase Identification: First, look at the background color and the status of the core cycle models in the right dashboard. Are you in a blue "Bottom to Top" phase? Check if the Atlantean "Bull Market Start" is active. This sets your primary bias. Seeking Convergent Signals: Before acting on a cycle signal, cross-reference it with the Technical Sentiment dashboard. For example, an Atlantean "Market Top" signal is stronger if the RSI and Stochastic also show "Overbought," the MACD is "Bearish," and the Fear & Greed Index is in "Extreme Greed." Look for clusters of agreement. Context from Other Dimensions: Check the On-Chain dashboard. Does the synthetic data suggest the network is "Overheated" or "Undervalued"? Check the Economic Cycle table. Does the perceived long-wave phase (e.g., "Kondratieff Recession") support a risk-on or risk-off stance? This provides narrative context for your trade thesis. Risk Management Integration: Before sizing a position, check the Risk Management section. What is the current "Max Drawdown" and "Volatility Risk"? The dashboard suggests position sizing ("Light," "Medium," "Heavy") based on this. Utilizing Alerts: Set alerts for the key cycle crossovers (CCT, Atlantean, etc.). When an alert triggers, it's your cue to open the chart and perform the full multi-dimensional convergence analysis described above, rather than acting on the alert alone. In essence, the "Neeson Crypto Cycle" is a conceptual trading terminal. It posits that the modern trader, especially in crypto, must synthesize information from technicals, fundamentals, macroeconomics, and market psychology. By attempting to model all these facets in one place—even through estimation and simulation—it aims to give the user a structured framework for asking the right questions about the current state of the market, rather than providing simplistic, one-dimensional answers. Its value is in the breadth of its perspective and the discipline of multi-factor confirmation it encourages.
Indicador Pine Script®
por neeson1987
RSI SCALPER with Dynamic ATR LinesThis is a versatile scalping indicator that combines RSI-based signals, dynamic ATR channels, and Stochastic-based divergence detection to identify potential entry and exit points in the market . Key Features Dynamic ATR Channel – Calculates support and resistance based on ATR (Average True Range) with configurable length and multiplier for both support and resistance lines, plus a midline Multi-timeframe RSI – Two separate RSI calculations with independent timeframe settings: one for "KUN RSI" signals and one for "GET READY" alerts Divergence Detection – Identifies regular and hidden bullish/bearish divergences using Stochastic D and fractals 25 MA Types – Comprehensive library of smoothing functions including WMA, HMA, EMA, TEMA, DEMA, ZLEMA, and several advanced variants Signal Types Signal Description Get Ready (Long) Price crosses above dynamic support while RSI is oversold Get Ready (Short) Price crosses below dynamic resistance while RSI is overbought EXIT (Buy Break) Price closes above resistance (previously below) without simultaneous short signal EXIT (Sell Break) Price closes below support (previously above) without simultaneous long signal R-BULL / R-BEAR Regular divergence – signals potential trend reversal H-BULL / H-BEAR Hidden divergence – signals trend continuation Settings RSI Parameters: Separate timeframe selection for both RSI calculations Configurable length and overbought/oversold levels (default 70/30) ATR Channel: Independent timeframe for channel calculation Individual ATR lengths and multipliers for support (8/1.44) and resistance (14/1.44) Divergence: Dedicated timeframe setting Stochastic parameters (length, smooth K, smooth D) MA type selection for smoothing Alerts The indicator includes four predefined alerts for divergence signals that trigger only on confirmed bars: Regular Bullish/Bearish Divergence Hidden Bullish/Bearish Divergence Use Cases Suitable for active scalping and swing trading on crypto, forex, and stocks. Combine signals with price structure and volume for optimal use. The ATR channel adapts automatically to volatility, while divergence signals provide early warning of potential trend shifts .
Indicador Pine Script®
por Spira_Scalper
Anhnga4.0 - Filter ToggleINPUTS: 1.5 0.8 (OR 1.6 0.5/0.6) BE=0.45 1 MAs: 35 135 7 This Pine Script code defines a trading strategy named **"Anhnga4.0 - Filter Toggle"**. It is a trend-following strategy that uses momentum oscillators and moving averages to identify entries, while featuring a specific "Overextension Filter" to avoid buying at the top or selling at the bottom. Here is a breakdown of how the script works: --- ## 1. Core Trading Logic (The Entry) The strategy looks for a "perfect storm" of three factors before entering a trade: * **Momentum (WaveTrend):** It uses the WaveTrend oscillator (`wt1` and `wt2`). * **Long:** A bullish crossover happens while the oscillator is below the zero line (oversold). * **Short:** A bearish crossunder happens while the oscillator is above the zero line (overbought). * **Trend Confirmation:** The price must be on the "correct" side of three different lines: the 20-period Moving Average (BB Basis), the 50-period SMA, and the 200-period SMA. * **The Window:** You don't have to enter exactly on the cross. The `Signal Window` allows the trade to trigger up to 4 bars after the momentum cross, provided the trend filters align. ## 2. The "Overextension" Filter This is a unique feature of this script. It calculates the distance between the current price and the **50-period Moving Average**. * If the price is too far away from the MA (defined by the **ATR Limit**), the script assumes the move is "exhausted." * If `Enable Overextension Filter?` is on, the strategy will skip these trades to avoid "chasing the pump." * **Visual Cue:** The chart background turns **purple** when the price is considered overextended. --- ## 3. Risk Management & Exit Strategy The script manages trades dynamically using Bollinger Bands and Risk:Reward ratios: | Feature | Description | | --- | --- | | **Stop Loss (SL)** | Set at the **Lower Bollinger Band** for Longs and **Upper Band** for Shorts. | | **Take Profit (TP)** | Calculated based on your **RR Ratio** (default is 2.0). If your risk is $10, it sets the target at $20 profit. | | **Breakeven** | A "protection" feature. Once the price moves in your favor by a certain amount (the `Breakeven Trigger`), the script moves the Stop Loss to your entry price to ensure a "risk-free" trade. | --- ## 4. Visual Elements on the Chart * **Green Lines:** Your target price (TP). * **Red Lines:** Your initial Stop Loss. * **Yellow Lines:** Indicates the Stop Loss has been moved to **Breakeven**. * **Purple Background:** High alert—price is overextended; trades are likely being filtered out. --- ## Summary of Settings * **BB Multiplier:** Controls how wide your initial stop loss is. * **ATR Limit:** Controls how sensitive the "Overextension" filter is (higher = more trades allowed; lower = stricter filtering). * **Breakeven Trigger:** Set to 1.0 by default, meaning once you are "1R" (profit equals initial risk) in profit, the stop moves to entry.
Estrategia Pine Script®
por ngamei2912
OiDeer (Session Map+Open+VWAP+PrevDay+VIX bands)Overview Intraday context pack for NSE symbols that overlays Prev Close (official 15:30), Prev Day High/Low, Daily Open, 1st Candle Open, VWAP, an optional centered 100-point grid, and Expected High/Low bands derived from India VIX (Open). It also computes remaining points to reach the expected bands for today (live) and for every historical session. What it plots Prev Close (yesterday 15:30 cash close) extended across today. Prev Day High/Low extended across today. Daily Open and Intraday 1st Candle Open (today only). VWAP (session). Expected High/Low from India VIX(Open) with optional √time intraday scaling. Remaining points labels: Today: points from today’s High → Exp High and today’s Low → Exp Low (also shown in Data Window). Historical: for each completed day, points that were remaining from that day’s High/Low to its expected High/Low. 100-point centered grid (…00 levels by default; shift via Base Offset). All labels are anchored at the session start bar (arrow on day boundary) with the label box rendered to the left so current candles stay unobstructed. VIX math (expected move) Daily σ: (VIX_open / 100) / √252. Intraday option (today only): multiply by √(elapsed_minutes / 375). Expected % move: k * daily_sigma * (√fraction if enabled). Bands around reference S (choose Open, Prev Close, or Last): ExpHigh = S + S * expected_pct ExpLow = S - S * expected_pct Historical sessions use that day’s VIX(Open) and reference S (no intraday scaling). Inputs Prev Close / PDH / PDL: show/hide, label toggles, colors, widths. Daily/1st Candle Open, VWAP: show/hide; labels sit left of day start. India VIX Bands: k (sigma), Reference Price (Open / Prev Close / Last), √time scaling toggle, colors, label toggles. Remaining to Exp Bands: show labels, Clamp to 0 (no negatives), show in Data Window. 100-Point Grid: step, base offset, style, count above/below, color/width. Label size control. Data Window Pts→Exp High (from Day High) Pts→Exp Low (from Day Low) Pts→Exp High (from Close) Pts→Exp Low (from Close) 100pt lines ABOVE/BELOW (from current price) Notes Assumes NSE cash session 09:15–15:30 IST (375 min). Prev Close uses official cash close at 15:30. Designed for NSE symbols; India VIX source: NSE:INDIAVIX (Daily Open). No alerts in this version. Tips Use k = 1.0 for ~1σ feel; try 1.5–2.0 for wider envelopes. Open as reference is clean for intraday; Prev Close is gap-aware. Turn on √time scaling if you prefer bands that widen through the day. Disclaimer For research and visualization only, not trading advice. Markets can exceed modeled ranges—use your own risk management.
Indicador Pine Script®
por SHRIKANTRANE21
Price Probability Engine - Volatility & Structure-Based TargetsThe aim of the indicator is: To provide adaptive, probability-weighted price target zones that help traders frame where price is most likely to interact next, without predicting when or guaranteeing direction. Price Probability Engine is a target-projection overlay that blends three independent “next-move” reference methods into a single pair of AVG targets: AVG Bull = a probabilistic upside objective AVG Bear = a probabilistic downside objective It is designed to help you frame the most reasonable near-term price zones using both volatility (ATR) and structure (pivot swings + measured moves) rather than relying on a single indicator. What you see on the chart When enabled, the script plots: AVG Bull line (upper target) AVG Bear line (lower target) Optional last-bar labels that print the current target values The overlay is scale-locked so the plots stay aligned with price when you scroll/zoom the chart. How it works (conceptual, step-by-step) 1) ATR “reach filter” (probability gating) All components are first checked against a reach filter: A target is considered “reachable” only if it is within Reach Filter × ATR from the current price. This prevents extremely distant projections from dominating the final average. 2) Three component target engines The script computes three upside candidates and three downside candidates: A) ATR Component (volatility projection) Uses ATR Length and ATR Multiplier Projects a simple near-term band around price: atrBull = close + ATR × mult atrBear = close - ATR × mult Direction mode: Candle: compares close to close Momentum(3): uses close − close B) AutoFib Component (swing extension) Detects swing highs/lows using pivot logic (Left/Right bars) Projects an extension using a selectable Fib level (1.272 / 1.414 / 1.618 / 2.0 / 2.618) Gives a structure-based target derived from the current swing range C) Lindsey Component (measured-move target) Detects a 3-point pivot sequence (P1/P2/P3) and projects a measured move to P4: Bull: from a low-high-higher-low sequence Bear: from a high-low-lower-high sequence Optional P1/P2/P3 markers can be displayed for learning/debugging 3) Dynamic weighting (closer targets matter more) If Dynamic Weights is enabled, each component’s weight increases as the target gets closer to price (within the reach window). This means the final AVG tends to favor targets that are both reachable and near-term relevant. You can control: Base Weight (Fib / Lindsey / ATR) Dynamic Power (how aggressively “closer” becomes “heavier”) 4) Outlier trimming (stability) If Trim Outlier Component is enabled, the script: computes a simple median reference of the remaining component targets drops any target that deviates from the median by more than Outlier Threshold × ATR This reduces sudden jumps when one method produces an unusually extreme projection. 5) Final output: a weighted average (bull + bear) The remaining eligible components are combined into: AVG Bull (weighted average of bull candidates) AVG Bear (weighted average of bear candidates) If no components pass the reach filter (or are trimmed), the AVG line can temporarily become unavailable until valid inputs re-appear. How to use it (practical workflow) Pick your timeframe, then tune ATR: Start with ATR Length 14 and ATR Mult 1.0–1.5 Set a reasonable Reach Filter (x ATR): Smaller = only near targets Larger = includes more distant projections Decide how you want it to behave: Dynamic Weights ON for “closer targets dominate” Outlier Trim ON for smoother / less erratic averages Use the AVG lines as planning zones, not certainties: They are best treated as “where price is most likely to seek next” based on the blend of volatility + structure. A common use is to monitor how price reacts as it approaches either AVG line (stalling, rejection, acceleration), and then reassess as new pivots/ATR values update. Settings guide (quick) ATR Length / Multiplier: controls the volatility envelope Direction Mode: changes the bias input for ATR projection Lindsey Left/Right: smaller = more sensitive pivots; larger = fewer, more meaningful pivots Fib Left/Right + Extension: controls the swing structure target Reach Filter: controls what qualifies as a realistic near-term target Dynamic Power: higher = stronger preference for the nearest target Outlier Threshold: higher = fewer removals; lower = more aggressive trimming Notes / Transparency This script does not place trades or guarantee outcomes. It is a visual target framework that adapts as volatility and market structure change. For best clarity, publish charts with this script on a clean layout so the AVG lines and labels are easy to identify.
Indicador Pine Script®
por Dinjin
DkS Market Structure Breakout Strategy Crypto & ForexDkS Market Structure Breakout Strategy Crypto & Forex 🔍 Overview DkSPro – Universal Market Analysis is a structure-based trading strategy designed for Crypto and Forex markets, focused on trend alignment, breakout confirmation, and volume validation. This strategy is built to filter low-quality trades, avoid ranging conditions, and reduce false breakouts by requiring multiple layers of confirmation before any trade is executed. It is intended for scalping and intraday trading, prioritizing consistency and risk control over trade frequency. 🧠 Strategy Logic (How It Works) DkSPro follows a sequential decision process, not a single-indicator signal: Trend Bias (EMA Structure) A fast and slow EMA define the directional bias. Long trades are only allowed during bullish EMA alignment. Short trades are only allowed during bearish EMA alignment. This prevents counter-trend and ranging-market entries. Market Structure & Breakout Validation The strategy identifies recent swing highs and lows. Trades are triggered only after a confirmed breakout of structure, not during consolidation. This avoids early entries and false momentum moves. Volume Confirmation Volume must exceed its moving average by a defined multiplier. This ensures participation and filters out low-liquidity breakouts. Volume thresholds adapt depending on the selected trading mode. Momentum Confirmation (RSI) RSI is used strictly as a momentum filter, not as a standalone signal. It confirms that price movement aligns with the breakout direction. Risk Management (Mandatory) Every position includes a predefined Stop Loss and Take Profit. Position sizing is based on a fixed percentage of equity, keeping risk per trade within sustainable limits. All conditions must align simultaneously; otherwise, no trade is executed. ⚙️ Trading Modes SAFE Mode Stronger volume and RSI thresholds Fewer trades, higher selectivity Designed for risk control and consistency AGGRESSIVE Mode Slightly relaxed filters Higher trade frequency during strong momentum Intended for experienced users only 📊 Markets & Assets This strategy has been actively used and tested on: 🟢 Crypto (Binance / Binance.US) SOL-USDT XRP-USDT Other high-liquidity pairs (BTC, ETH) Crypto mode benefits from stronger volume confirmation to adapt to higher volatility. 🔵 Forex Major pairs such as EURUSD, GBPUSD, USDJPY Optimized for liquid markets with lower relative volume The same structural logic applies to both markets, with volume behavior naturally adapting to each asset class. ⏱ Recommended Timeframes Crypto: 5m – 15m Forex: 15m – 1H Lower timeframes (1m) are not recommended due to noise and unreliable volume behavior. 🧪 Backtesting & Settings Transparency Default strategy properties are intentionally conservative to reflect realistic conditions: Initial capital: $20,000 Position size: 2% of equity Commission: 0.08% Slippage: 1 tick Fixed Stop Loss and Take Profit on every trade Backtests should be performed on sufficient historical data (ideally 6–12 months) to ensure a statistically meaningful sample size (100+ trades). 📈 Originality & Usefulness DkSPro is not a simple indicator mashup. Each component serves a specific role in a layered confirmation system: EMAs define direction Structure defines timing Volume validates participation RSI confirms momentum Risk management controls exposure Removing any layer significantly reduces signal quality. The strategy is designed as a complete decision framework, not a signal generator. ⚠️ Important Notes This script is an analysis and execution tool, not financial advice. Market conditions change, and no strategy performs well in all environments. Users are encouraged to backtest, forward test, and adjust position sizing according to their own risk tolerance. 🧩 Version Notice This publication represents a consolidated and refined version of an internal experimental script. No parallel or duplicate versions are intended. All future improvements will be released exclusively using TradingView’s Update feature. 🇪🇸 Descripción en Español (Resumen) DkSPro es una estrategia basada en estructura de mercado, diseñada para Crypto y Forex, que combina tendencia, ruptura de estructura, volumen y control de riesgo. Solo opera cuando todas las condiciones se alinean, evitando rangos, falsas rupturas y sobreoperar. Ha sido utilizada en Binance con pares como SOL-USDT y XRP-USDT, así como en Forex, siempre con gestión de riesgo fija y condiciones realistas.
Estrategia Pine Script®
por dksniewieders
bollinger bandsWhat the indicator is (Generated by trade-pilot.app Builder) This is a hybrid trend/continuation + EMA crossover signal indicator that generates LONG/SHORT entries only when multiple filters agree. It’s built to avoid “random” signals by forcing confirmation from trend direction, volatility, and risk/reward conditions, and it can also restrict signals to a specific trading session + timezone. Main modules inside the code 1) Session filter (time-based) The script checks if the current bar is inside the chosen session (default 09:30–16:00 New York time). ✅ Signals only trigger inSession ❌ No signals outside session This helps you avoid entries during dead/low-quality hours. 2) Bollinger “Continuation Setup” It calculates Bollinger Bands (default Length 20, Mult 2) and looks for a continuation pattern: Trend detection (slope-based): It measures the slope of the Bollinger middle band (basis). If slope is up and price is above the basis → uptrend If slope is down and price is below the basis → downtrend Pullback + confirmation: Long setup: price makes a pullback toward the middle band area (without breaking too deep) and then prints a bullish confirmation candle closing above the basis. Short setup: same idea but reversed (pullback up + bearish confirmation candle closing below the basis). ✅ Result: signals that aim to catch trend continuation after a pullback, not random touches. 3) Stop & Target visualization (Bollinger-based) When a continuation setup happens, the script calculates: Stop (long): near the middle band / recent lowest lows Stop (short): near the middle band / recent highest highs Target (long): upper Bollinger band Target (short): lower Bollinger band On the chart (like in your screenshot), you see: Bollinger Bands Stop/target points shown as colored circles when a setup triggers This makes it easier to visually understand the trade structure. 4) Bandwidth filter (volatility filter) It calculates Bollinger Bandwidth (percentage width of the bands). Signal only passes if: Bandwidth ≥ minimum threshold (default 0.8%) ✅ Helps avoid trading when volatility is too low (chop / squeeze conditions). 5) Risk:Reward filter (quality filter) This part estimates whether the trade has enough “room” to make sense: Stop distance is ATR-based: ATR × multiplier Target distance is approximated using recent swing potential: Long: distance to recent highest high (last 10 bars) Short: distance to recent lowest low (last 10 bars) Then it calculates: RR = targetDistance / stopDistance and requires: RR ≥ minimum RR (default 1.0) ✅ Helps filter out trades where the potential reward is too small compared to risk. 6) EMA crossover signals (secondary signal engine) It also plots: Fast EMA (default 20) Slow EMA (default 50) It generates extra signals on: Bullish crossover (fast crosses above slow) Bearish crossunder So final signals can come from: Bollinger continuation OR EMA crossover …but still must pass bandwidth + RR + session filters. Final signal rule (important) A LONG is printed only when: (Bollinger continuation long OR EMA bullish crossover) AND bandwidth filter passes AND RR filter passes AND inside session Same logic for SHORT. That’s why the signals are more selective. What you see on the chart (like your screenshot) Bollinger Bands (upper/middle/lower) EMA fast + EMA slow Red/green arrows for entries “LONG/SHORT” labels on signal candles Optional alert triggers for automation How it helps traders ✅ Cleaner entries (trend + pullback continuation + confirmation) ✅ Less chop (volatility bandwidth filter) ✅ Better trade quality (risk/reward filter) ✅ Session control (only trade when market conditions are best) ✅ Easy visual decision making (bands, EMAs, and stop/target markers on the chart) ✅ Alerts-ready for live notifications Small note (so you don’t get surprised) You have an input called “Show Dashboard”, but the current code does not actually create a dashboard table (no table.new section exists). Everything else works as shown. prnt.sc
Indicador Pine Script®
por barmoah2