Empiece

Bandas y canales

NIFTY Weekly Option Seller DirectionalHere’s a straight description you can paste into the TradingView “Description” box and tweak if needed: --- ### NIFTY Weekly Option Seller – Regime + Score + Management (Single TF) This indicator is built for **weekly option sellers** (primarily NIFTY) who want a **structured regime + scoring framework** to decide: * Whether to trade **Iron Condor (IC)**, **Put Credit Spread (PCS)** or **Call Credit Spread (CCS)** * How strong that regime is on the current timeframe (score 0–5) * When to **DEFEND** existing positions and when to **HARVEST** profits > **Note:** This is a **single timeframe** tool. The original system uses it on **4H and 1D separately**, then combines scores manually (e.g., using `min(4H, 1D)` for conviction and lot sizing). --- ## Core logic The script classifies the market into 3 regimes: * **IC (Iron Condor)** – range/mean-reversion conditions * **PCS (Put Credit Spread)** – bullish/trend-up conditions * **CCS (Call Credit Spread)** – bearish/trend-down conditions For each regime, it builds a **0–5 score** using: * **EMA stack (8/13/34)** – trend structure * **ADX (custom DMI-based)** – trend strength vs range * **Previous-day CPR** – in CPR vs break above/below * **VWAP (session)** – near/far value * **Camarilla H3/L3** – for IC context * **RSI (14)** – used as a **brake**, not a primary signal * **Daily trend / Daily ADX** – used as **hard gates**, not double-counted as extra points Then: * Scores for PCS / CCS / IC are **cross-penalised** (they pull each other down if conflicting) * Final scores are **smoothed** (current + previous bar) to avoid jumpy signals The **background colour** shows the current regime and conviction: * Blue = IC * Green = PCS * Red = CCS * Stronger tint = higher regime score --- ## Scoring details (per timeframe) **PCS (uptrend, bullish credit spreads)** * +2 if EMA(8) > EMA(13) > EMA(34) * +1 if ADX > ADX_TREND * +1 if close > CPR High * +1 if close > VWAP * RSI brake: * If RSI < 50 → PCS capped at 2 * If RSI > 75 → PCS capped at 3 * Daily gating: * If daily EMA stack is **not** uptrend → PCS capped at 2 **CCS (downtrend, bearish credit spreads)** * +2 if EMA(8) < EMA(13) < EMA(34) * +1 if ADX > ADX_TREND * +1 if close < CPR Low * +1 if close < VWAP * RSI brake: * If RSI > 50 → CCS capped at 2 * If RSI < 25 → CCS capped at 3 * Daily gating: * If daily EMA stack is **not** downtrend → CCS capped at 2 **IC (range / mean-reversion)** * +2 if ADX < ADX_RANGE (low trend) * +1 if close inside CPR * +1 if near VWAP * +0.5 if inside Camarilla H3–L3 * +1 if daily ADX < ADX_RANGE (daily also range-like) * +0.5 if RSI between 45 and 55 (classic balance zone) * Daily gating: * If daily ADX ≥ ADX_TREND → IC capped at 2 (no “strong IC” in strong trends) **Cross-penalty & smoothing** * Each regime’s raw score is reduced by **0.5 × max(other two scores)** * Final IC / PCS / CCS scores are then **smoothed** with previous bar * Scores are always clipped to ** ** --- ## Regime selection * If one regime has the highest score → that regime is selected. * If there is a tie or close scores: * When ADX is high, trend regimes (PCS/CCS) are preferred in the direction of the EMA stack. * When ADX is low, IC is preferred. The selected regime’s score is used for: * Background colour intensity * Minimum score gate for alerts * Display in the info panel --- ## DEFEND / HARVEST / REGIME alerts The script also defines **management signals** using ATR-based buffers and Camarilla breaks: * **DEFEND** * Price moving too close to short strikes (PCS/CCS/IC) relative to ATR, or * Trend breaks through Camarilla with ADX strong → Suggests rolling away / widening / converting to reduce risk. * **HARVEST** * Price has moved far enough from your short strikes (in ATR multiples) and market is still range-compatible → Suggests booking profits / rolling closer / reducing risk. * **REGIME CHANGED** * Regime flips (IC ↔ PCS/CCS) with cooldown and minimum score gate → Suggests switching playbook (range vs trend) for new entries. Each of these has a plotshape label plus an `alertcondition()` for TradingView alerts. --- ## UI / Panel The **top-right panel** (optional) shows: * Strategy + final regime score (IC / PCS / CCS, x/5) * ADX / RSI values * CPR status (Narrow / Normal / Wide + %) * EMA Stack (Up / Down / Mixed) and EMA tightness * VWAP proximity (Near / Away) * Final **IC / PCS / CCS** scores (for this timeframe) * H3/L3, H4/L4, CPR Low/High and VWAP levels (rounded) These values are meant to be **read quickly at the decision time** (e.g. near the close of the 4H bar or daily bar). --- ## Intended workflow 1. Run the script on **4H** and **1D** charts separately. 2. For each timeframe, read the panel’s **IC / PCS / CCS scores** and regime. 3. Decide: * Final regime (IC vs PCS vs CCS) * Combined score (e.g. `AlignScore = min(Score_4H, Score_1D)`) 4. Map that combined score to **your own lot-size buckets** and trade rules. 5. During the life of the position, use **DEFEND / HARVEST / REGIME** alerts to adjust. The script does **not** auto-calculate lot size or P&L. It focuses on giving a structured, consistent **market regime + strength + levels + management** layer for weekly option selling. --- ## Disclaimer This is a discretionary **decision-support tool**, not a guarantee of profit or a replacement for risk management. No performance is implied or promised. Always size positions and manage risk according to your own capital, rules, and regulations.
Indicador Pine Script®
por distinctSeahor20287
DH EMA 28/72/200 Unified Ribbon (Scaled HTF)Unified EMA Ribbon (28/72/200) This indicator merges two popular EMA systems — 21/55/200 and 34/89/200 — into a single, smoother trend-tracking ribbon. Each pair of EMAs is averaged to create: EMA 28 (average of 21 & 34) EMA 72 (average of 55 & 89) EMA 200 retained as long-term trend filter The unified ribbon reduces noise, improves trend clarity, and provides clean pullback zones for high-probability entries, especially on the H1 timeframe.
Indicador Pine Script®
por mustang2807
My script//@version=6 indicator("ISIN demo") // Define inputs for two symbols to compare. string symbol1Input = input.symbol("NASDAQ:AAPL", "Symbol 1") string symbol2Input = input.symbol("GETTEX:APC", "Symbol 2") if barstate.islastconfirmedhistory // Retrieve ISIN strings for `symbol1Input` and `symbol2Input`. var string isin1 = request.security(symbol1Input, "", syminfo.isin) var string isin2 = request.security(symbol2Input, "", syminfo.isin) // Log the retrieved ISIN codes. log.info("Symbol 1 ISIN: " + isin1) log.info("Symbol 2 ISIN: " + isin2) // Log an error message if one of the symbols does not have ISIN information. if isin1 == "" or isin2 == "" log.error("ISIN information is not available for both symbols.") // If both symbols do have ISIN information, log a message to confirm whether both refer to the same security. else if isin1 == isin2 log.info("Both symbols refer to the same security.") else log.info("The two symbols refer to different securities.")
Indicador Pine Script®
por zlavreniukk
Grok/Claude Turtle Soup Alert SystemReplaces previous Turtle Soup Strategy/Indicator as Tradingview will not let me update it. # 🥣 Turtle Soup Strategy (Enhanced) ## A Mean-Reversion Strategy Based on Failed Breakouts --- ## Historical Origins ### The Original Turtle Traders (1983-1988) The Turtle Trading system is one of the most famous experiments in trading history. In 1983, legendary commodities trader **Richard Dennis** made a bet with his partner **William Eckhardt** about whether great traders were born or made. Dennis believed trading could be taught; Eckhardt believed it was innate. To settle the debate, Dennis recruited 23 ordinary people through newspaper ads—including a professional blackjack player, a fantasy game designer, and an accountant—and taught them his trading system in just two weeks. He called them "Turtles" after turtle farms he had visited in Singapore, saying *"We are going to grow traders just like they grow turtles in Singapore."* The results were extraordinary. Over the next five years, the Turtles reportedly earned over **$175 million in profits**. The experiment proved Dennis right: trading could indeed be taught. #### The Original Turtle Rules: - **Entry:** Buy when price breaks above the 20-day high (System 1) or 55-day high (System 2) - **Exit:** Sell when price breaks below the 10-day low (System 1) or 20-day low (System 2) - **Stop Loss:** 2x ATR (Average True Range) from entry - **Position Sizing:** Based on volatility (ATR) - **Philosophy:** Pure trend-following—catch big moves by riding breakouts The Turtle system was a **trend-following** strategy that assumed breakouts would lead to sustained trends. It worked brilliantly in trending markets but suffered during choppy, range-bound conditions. --- ### The Turtle Soup Strategy (1990s) In the 1990s, renowned trader **Linda Bradford Raschke** (along with Larry Connors) observed something interesting: many of the breakouts that the Turtle system traded actually *failed*. Price would spike above the 20-day high, trigger Turtle buy orders, then immediately reverse—trapping the breakout traders. Raschke realized these failed breakouts were predictable and tradeable. She developed the **Turtle Soup** strategy, which does the *exact opposite* of the original Turtle system: > *"Instead of buying the breakout, we wait for it to fail—then fade it."* The name "Turtle Soup" is a clever play on words: the strategy essentially "eats" the Turtles by trading against them when their breakouts fail. #### Original Turtle Soup Rules: - **Setup:** Price makes a new 20-day high (or low) - **Qualifier:** The previous 20-day high must be at least 3-4 days old (not a fresh breakout) - **Entry Trigger:** Price reverses back inside the channel (failed breakout) - **Entry:** Go SHORT (against the failed breakout above), or LONG (against the failed breakdown below) - **Philosophy:** Mean-reversion—fade false breakouts and profit from trapped traders #### Turtle Soup Plus One Variant: Raschke also developed a more conservative variant called "Turtle Soup Plus One" which waits for the *next bar* after the breakout to confirm the failure before entering. This reduces false signals but may miss some opportunities. --- ## Our Enhanced Turtle Soup Strategy We have taken the classic Turtle Soup concept and enhanced it with modern technical indicators and filters to improve signal quality and adapt to today's markets. ### Core Logic Preserved The fundamental strategy remains true to Raschke's original concept: | Turtle (Original) | Turtle Soup (Our Strategy) | |-------------------|---------------------------| | BUY breakout above 20-day high | SHORT when that breakout FAILS | | SELL breakout below 20-day low | LONG when that breakdown FAILS | | Trend-following | Mean-reversion | | "The trend is your friend" | "Failed breakouts trap traders" | --- ### Enhancements & Improvements #### 1. RSI Exhaustion Filter **Addition:** RSI must confirm exhaustion before entry - **For SHORT entries:** RSI > 60 (buyers exhausted) - **For LONG entries:** RSI < 40 (sellers exhausted) **Why:** The original Turtle Soup had no momentum filter. Adding RSI ensures we only fade breakouts when the market is showing signs of exhaustion, significantly reducing false signals. This enhancement was inspired by later traders who found RSI extremes (originally 90/10, softened to 60/40) dramatically improved win rates. #### 2. ADX Trending Filter **Addition:** ADX must be > 20 for trades to execute **Why:** While the original Turtle Soup was designed for ranging markets, we found that requiring *some* trend strength (ADX > 20) actually improves results. This ensures we're trading in markets with enough directional movement to create meaningful failed breakouts, rather than random noise in dead markets. #### 3. Heikin Ashi Smoothing **Addition:** Optional Heikin Ashi calculations for breakout detection **Why:** Heikin Ashi candles smooth out price noise and make trend reversals more visible. When enabled, the strategy uses HA values to detect breakouts and failures, reducing whipsaws from erratic price spikes. #### 4. Dynamic Donchian Channels with Regime Detection **Addition:** Color-coded channels based on market regime - 🟢 **Green:** Bullish regime (uptrend + DI+ > DI- + OBV bullish) - 🔴 **Red:** Bearish regime (downtrend + DI- > DI+ + OBV bearish) - 🟡 **Yellow:** Neutral regime **Why:** Visual regime detection helps traders understand the broader market context. The original Turtle Soup had no regime awareness—our enhancement lets traders see at a glance whether conditions favor the strategy. #### 5. Volume Spike Detection (Optional) **Addition:** Optional filter requiring volume surge on the breakout bar **Why:** Failed breakouts are more significant when they occur on high volume. A volume spike on the breakout bar (default 1.2x average) indicates more traders got trapped, creating stronger reversal potential. #### 6. ATR-Based Stops and Targets **Addition:** Configurable ATR-based stop losses and profit targets - **Stop Loss:** 1.5x ATR (default) - **Profit Target:** 2.0x ATR (default) **Why:** The original Turtle Soup used fixed stop placement. ATR-based stops adapt to current volatility, providing tighter stops in calm markets and wider stops in volatile conditions. #### 7. Signal Cooldown **Addition:** Minimum bars between trades (default 5) **Why:** Prevents overtrading during choppy conditions where multiple failed breakouts might occur in quick succession. #### 8. Real-Time Info Panel **Addition:** Comprehensive dashboard showing: - Current regime (Bullish/Bearish/Neutral) - RSI value and zone - ADX value and trending status - Breakout status - Bars since last high/low - Current setup status - Position status **Why:** Gives traders instant visibility into all strategy conditions without needing to check multiple indicators. --- ## Entry Rules Summary ### SHORT Entry (Fading Failed Breakout Above) 1. ✅ Price breaks ABOVE the 20-period Donchian high 2. ✅ Previous 20-period high was at least 1 bar ago 3. ✅ Price closes back BELOW the Donchian high (failed breakout) 4. ✅ RSI > 60 (exhausted buyers) 5. ✅ ADX > 20 (trending market) 6. ✅ Cooldown period met → **Enter SHORT**, betting the breakout will fail ### LONG Entry (Fading Failed Breakdown Below) 1. ✅ Price breaks BELOW the 20-period Donchian low 2. ✅ Previous 20-period low was at least 1 bar ago 3. ✅ Price closes back ABOVE the Donchian low (failed breakdown) 4. ✅ RSI < 40 (exhausted sellers) 5. ✅ ADX > 20 (trending market) 6. ✅ Cooldown period met → **Enter LONG**, betting the breakdown will fail --- ## Exit Rules 1. **ATR Stop Loss:** Position closed if price moves 1.5x ATR against entry 2. **ATR Profit Target:** Position closed if price moves 2.0x ATR in favor 3. **Channel Exit:** Position closed if price breaks the exit channel in the opposite direction 4. **Mid-Channel Exit:** Position closed if price returns to channel midpoint --- ## Best Market Conditions The Turtle Soup strategy performs best when: - ✅ Markets are prone to false breakouts - ✅ Volatility is moderate (not too low, not extreme) - ✅ Price is oscillating within a broader range - ✅ There are clear support/resistance levels The strategy may struggle when: - ❌ Strong trends persist (breakouts follow through) - ❌ Volatility is extremely low (no meaningful breakouts) - ❌ Markets are in news-driven directional moves --- ## Default Settings | Parameter | Default | Description | |-----------|---------|-------------| | Lookback Period | 20 | Donchian channel period | | Min Bars Since Extreme | 1 | Bars since last high/low | | RSI Length | 14 | RSI calculation period | | RSI Short Level | 60 | RSI must be above this for shorts | | RSI Long Level | 40 | RSI must be below this for longs | | ADX Length | 14 | ADX calculation period | | ADX Threshold | 20 | Minimum ADX for trades | | ATR Period | 20 | ATR calculation period | | ATR Stop Multiplier | 1.5 | Stop loss distance in ATR | | ATR Target Multiplier | 2.0 | Profit target distance in ATR | | Cooldown Period | 5 | Minimum bars between trades | | Volume Multiplier | 1.2 | Volume spike threshold | --- ## Philosophy > *"The Turtle system made millions by following breakouts. The Turtle Soup strategy makes money when those breakouts fail. In trading, there's always someone on the other side of the trade—this strategy profits by being the smart money that fades the trapped breakout traders."* The beauty of the Turtle Soup strategy is its elegant simplicity: it exploits a known, repeatable pattern (failed breakouts) while using modern filters (RSI, ADX) to improve timing and reduce false signals. --- ## Credits - **Original Turtle System:** Richard Dennis & William Eckhardt (1983) - **Turtle Soup Strategy:** Linda Bradford Raschke & Larry Connors (1990s) - **RSI Enhancement:** Various traders who discovered RSI extremes improve reversal detection - **This Implementation:** Enhanced with Heikin Ashi smoothing, regime detection, ADX filtering, and comprehensive visualization --- *"We're not following the turtles—we're making soup out of them."* 🥣
Indicador Pine Script®
por ralis24
SPY EMA + VWAP Day Trading Strategy (Market Hours Only)//@version=5 indicator("SPY EMA + VWAP Day Trading Strategy (Market Hours Only)", overlay=true) // === Market Hours Filter (EST / New York Time) === nySession = input.session("0930-1600", "Market Session (NY Time)") inSession = time(timeframe.period, "America/New_York") >= time(nySession, "America/New_York") // EMAs ema9 = ta.ema(close, 9) ema21 = ta.ema(close, 21) // VWAP vwap = ta.vwap(close) // Plot EMAs & VWAP plot(ema9, "EMA 9", color=color.green, linewidth=2) plot(ema21, "EMA 21", color=color.orange, linewidth=2) plot(vwap, "VWAP", color=color.blue, linewidth=2) // ----------- Signals ----------- long_raw = close > ema9 and ema9 > ema21 and close > vwap and ta.crossover(ema9, ema21) short_raw = close < ema9 and ema9 < ema21 and close < vwap and ta.crossunder(ema9, ema21) // Apply Market Hours Filter long_signal = long_raw and inSession short_signal = short_raw and inSession // Plot Signals plotshape(long_signal, title="BUY", style=shape.labelup, location=location.belowbar, color=color.green, size=size.small, text="BUY") plotshape(short_signal, title="SELL", style=shape.labeldown, location=location.abovebar, color=color.red, size=size.small, text="SELL") // Alerts alertcondition(long_signal, title="BUY Alert", message="BUY Signal (Market Hours Only)") alertcondition(short_signal, title="SELL Alert", message="SELL Signal (Market Hours Only)")
Indicador Pine Script®
por hungryPiex3L
Mean Reversion — BB + Z-Score + RSI + EMA200 (TP at Opposite Z)This is a systematic mean-reversion framework for index futures and other liquid assets. This strategy combines Bollinger Bands, Z-Score dislocation, RSI extremes, and a trend-filtering EMA200 to capture short-term mean-reversion inefficiencies in NQ1!. It is designed for high-volatility conditions and uses a precise exit model based on opposite-side Z-Score targets and dynamic mid-band failure detection. 🔍 Entry Logic (Mean Reversion) : The strategy enters trades only when multiple confluence signals align: Long Setup Price at or below the lower Bollinger Band Z-Score ≤ –Threshold (deep statistical deviation) RSI ≤ oversold level Price below the EMA-200 (countertrend mean-reversion only) Cooldown must be completed No open position Short Setup Price at or above the upper Bollinger Band Z-Score ≥ Threshold RSI ≥ overbought level Price above the EMA-200 Cooldown complete No open position This multi-signal gate filters out weak reversions and focuses on mature dislocations. 🎯 Take-Profit Model: Opposite-Side Z-Score Target : Once in a trade, take-profit is set by solving for the price where the Z-Score reaches the opposite side: Long TP = Z = +Threshold Short TP = Z = –Threshold This creates a symmetric statistical exit based on reverting to equilibrium plus overshoot. 🛡️ Stop-Loss System (Volatility-Aware) : Stop losses combine: A fixed base stop (points) A standard-deviation volatility component This adapts the SL to regime changes and avoids being shaken out during rare volatility spikes. ⏳ Half-Life Exit : If a trade has not reverted within a fixed number of bars, it automatically closes. This prevents “mean-reversion traps” during trending periods. 📉 Advanced Mid-Band Exit Logic (BB Basis Failure) : This is the unique feature of the system. After entry: Wait for price to cross the Bollinger Basis (middle band) in the direction of the mean. Start a 5-bar delay timer. After 5 bars, the strategy becomes “armed.” Once armed: If price fails back through the mean, exit immediately. Intrabar exits trigger precisely (with tick-level precision if Bar Magnifier is enabled). This protects profits and exits trades at the first sign of mean-failure. ⏱️ Cooldown System : After each closed trade, a cooldown period prevents immediate re-entry. This avoids clustering and improves statistical independence of trades. 🖥️ What This Strategy Is Best For : High-volatility intraday NQ conditions Statistical mean reversion with structured confluence Traders who want clean, rule-based entries Avoiding trend-day traps using EMA and half-life logic 📊 Included Visual Elements : Bollinger Bands (Upper, Basis, Lower) BUY/SELL markers at signal generation Optional alerts for automated monitoring 🚀 Summary : This is a precision mean-reversion system built around volatility bands, statistical dislocation, and price-behavior confirmation. By combining Z-Score, RSI, EMA200 filtering, and a sophisticated mid-band failure exit, this model captures high-probability reversions while avoiding the common pitfalls of naive band-touch systems.
Estrategia Pine Script®
por spyqdia
NQ-VIX Expected Move LevelsNQ -VIX Daily Price Bands This indicator plots dynamic intraday price bands for NQ futures based on real-time volatility levels measured by the VIX (CBOE Volatility Index). The bands evolve throughout the trading day, providing volatility-adjusted price targets. Formulas: Upper Band = Daily Open + (NQ Price × VIX ÷ √252 ÷ 100) Lower Band = Daily Open - (NQ Price × VIX ÷ √252 ÷ 100) The calculation uses the square root of 252 (trading days per year) to convert annualized VIX volatility into an expected daily move, then scales it as a percentage adjustment from the current day's open. Features: Real-time band calculation that updates throughout the trading session Upper band (green) extends from the current day's open Lower band (red) contracts from the current day's open Inner upper band (green) at 50% of expected move Inner lower band (red) at 50% of expected move Middle Inner upper band (green) at 80% of expected move Middle Inner lower band (red) at 80% of expected move Information table displaying: Current NQ price and VIX level Daily Open Expected move
Indicador Pine Script®
por alanjeremiebarbe
NQ-VIX Expected Move LTF LevelsNQ -VIX LTF Price Bands This indicator plots dynamic intraday price bands for NQ futures based on real-time volatility levels measured by the VIX (CBOE Volatility Index). The bands evolve throughout the trading day, providing volatility-adjusted price targets. Formulas: Upper Band = (Input TF Open) + (NQ Price × VIX x √(Input TF ÷ (23h in min) ) ÷ 100 Lower Band = Daily Open - (NQ Price × VIX x √(Input TF ÷ (23h in min) ) ÷ 100 The calculation uses the square root of Input TF ÷ (23h in min) to convert annualized VIX volatility into an expected TF move, then scales it as a percentage adjustment from the current TF input's open. Features: Real-time band calculation that updates throughout the trading session Upper band (green) extends from the current TF's open Lower band (red) contracts from the current TF's open Inner upper band (green) at 50% of expected move Inner lower band (red) at 50% of expected move Middle Inner upper band (green) at 80% of expected move Middle Inner lower band (red) at 80% of expected move Information table displaying: Current input TF Current NQ price and VIX level Current input TF Open Expected move
Indicador Pine Script®
por alanjeremiebarbe
ES-VIX Expected Move LTF LevelsES-VIX LTF Price Bands This indicator plots dynamic intraday price bands for ES futures based on real-time volatility levels measured by the VIX (CBOE Volatility Index). The bands evolve throughout the trading day, providing volatility-adjusted price targets. Formulas: Upper Band = (Input TF Open) + (ES Price × VIX x √(Input TF ÷ (23h in min) ) ÷ 100 Lower Band = Daily Open - (ES Price × VIX x √(Input TF ÷ (23h in min) ) ÷ 100 The calculation uses the square root of Input TF ÷ (23h in min) to convert annualized VIX volatility into an expected TF move, then scales it as a percentage adjustment from the current TF input's open. Features: Real-time band calculation that updates throughout the trading session Upper band (green) extends from the current TF's open Lower band (red) contracts from the current TF's open Inner upper band (green) at 50% of expected move Inner lower band (red) at 50% of expected move Middle Inner upper band (green) at 80% of expected move Middle Inner lower band (red) at 80% of expected move Information table displaying: Current input TF Current ES price and VIX level Current input TF Open Expected move
Indicador Pine Script®
por alanjeremiebarbe
Bitcoin Power Law Zones (Dunk)Introduction When viewed on a standard linear chart, Bitcoin’s long-term price action can appear chaotic and exponential. However, when analyzed through the lens of physics and network growth models, a distinct structure emerges. This indicator implements the Bitcoin Power Law , a mathematical model that suggests Bitcoin’s price evolves in a straight line when plotted against time on a "log-log" scale. By calculating parallel bands around this regression line, we create a "Rainbow" of valuation zones that help investors visualize whether the asset is historically overheated, undervalued, or sitting at fair value. The Math Behind the Model The Power Law dictates that price scales with time according to the formula: Price = A * (days since genesis)^b This script uses the specific parameters popularized by recent physics-based analyses of the network: Slope (b): 5.78 (Representing the scaling law of the network adoption). Amplitude (A): 1.45 x 10^-17 (The intercept coefficient). While simple moving averages react to price, this model is predictive based on time and network growth physics, providing a long-term "gravity" center for the asset. Guide to the Valuation Zones Upper Bands (Red/Orange): Extr. Overvalued, High Premium, Overvalued. Historically, these zones have marked cycle peaks where price moved too far, too fast ahead of the network's steady growth. The Baseline (Black Line): Fair Value. The mathematical mean of the Power Law. Price has historically oscillated around this line, treating it as a center of gravity. Lower Bands (Green/Blue): Undervalued, Discount, Deep Discount. These zones represent periods where the market price has historically lagged behind the network's intrinsic value, often marking accumulation phases. Note: The lowest theoretical tiers ("Bitcoin Dead") have been trimmed from this chart to focus on relevant historical support levels. How to Use Logarithmic Scale: You MUST set your chart to "Log" scale (bottom right of the TradingView window) for this indicator to function correctly. On a linear chart, the bands will appear to curve upwards aggressively; on a Log chart, they will appear as smooth, parallel channels. Timeframe: This is a macro-economic indicator. It is best viewed on Daily or Weekly timeframes. Overlay Labels: The indicator includes dynamic labels on the right-side axis, allowing you to instantly see the current price requirements for each valuation zone without manually tracing lines. Credits This script is based on the Power Law theory popularized by Giovanni Santostasi and the original Corridor concepts by Harold Christopher Burger . Disclaimer This tool is for educational and informational purposes only. It visualizes historical mathematical trends and does not constitute financial advice. Past performance of a model is not indicative of future results. Further Reading www.hcburger.com giovannisantostasi.medium.com
Indicador Pine Script®
por dunk-devs
Zig Zag & Trendlines with Dynamic Threshold ATRPercentage Zig Zag with Dynamic Threshold This Pine Script indicator is an advanced Zig Zag tool that identifies and tracks price pivots based on a percentage move required for reversal, offering a clear visual representation of volatility-adjusted trends. Core Functionality (The Reversal Threshold): Unlike standard Zig Zag indicators that use a fixed price difference, this indicator calculates the required reversal size (%X) dynamically using the Average True Range (ATR). It calculates the ATR as a percentage of the current price (ATR%). The final threshold is this ATR% multiplied by a user-defined factor (default 3x). This means the reversal threshold is wider during volatile periods and narrower during quiet periods, adapting automatically to market conditions. Users can optionally revert to a fixed percentage if desired. Trend Extension Lines: The indicator draws two unique, dynamic trend lines connecting the last two significant Highs and the last two significant Lows. Crucially, these lines do not wait for the entire Zig Zag leg to confirm: If the price is actively forming a new up-leg, the High Extension Line connects the last confirmed High to the current extreme high of the active move. The Low Extension Line functions similarly for the downtrend. This feature allows the user to visualize dynamic support and resistance levels based on the current, active trend structure defined by the percentage threshold.
Indicador Pine Script®
por isatolu
Grok/Claude Turtle Soup Strategy # 🥣 Turtle Soup Strategy (Enhanced) ## A Mean-Reversion Strategy Based on Failed Breakouts --- ## Historical Origins ### The Original Turtle Traders (1983-1988) The Turtle Trading system is one of the most famous experiments in trading history. In 1983, legendary commodities trader **Richard Dennis** made a bet with his partner **William Eckhardt** about whether great traders were born or made. Dennis believed trading could be taught; Eckhardt believed it was innate. To settle the debate, Dennis recruited 23 ordinary people through newspaper ads—including a professional blackjack player, a fantasy game designer, and an accountant—and taught them his trading system in just two weeks. He called them "Turtles" after turtle farms he had visited in Singapore, saying *"We are going to grow traders just like they grow turtles in Singapore."* The results were extraordinary. Over the next five years, the Turtles reportedly earned over **$175 million in profits**. The experiment proved Dennis right: trading could indeed be taught. #### The Original Turtle Rules: - **Entry:** Buy when price breaks above the 20-day high (System 1) or 55-day high (System 2) - **Exit:** Sell when price breaks below the 10-day low (System 1) or 20-day low (System 2) - **Stop Loss:** 2x ATR (Average True Range) from entry - **Position Sizing:** Based on volatility (ATR) - **Philosophy:** Pure trend-following—catch big moves by riding breakouts The Turtle system was a **trend-following** strategy that assumed breakouts would lead to sustained trends. It worked brilliantly in trending markets but suffered during choppy, range-bound conditions. --- ### The Turtle Soup Strategy (1990s) In the 1990s, renowned trader **Linda Bradford Raschke** (along with Larry Connors) observed something interesting: many of the breakouts that the Turtle system traded actually *failed*. Price would spike above the 20-day high, trigger Turtle buy orders, then immediately reverse—trapping the breakout traders. Raschke realized these failed breakouts were predictable and tradeable. She developed the **Turtle Soup** strategy, which does the *exact opposite* of the original Turtle system: > *"Instead of buying the breakout, we wait for it to fail—then fade it."* The name "Turtle Soup" is a clever play on words: the strategy essentially "eats" the Turtles by trading against them when their breakouts fail. #### Original Turtle Soup Rules: - **Setup:** Price makes a new 20-day high (or low) - **Qualifier:** The previous 20-day high must be at least 3-4 days old (not a fresh breakout) - **Entry Trigger:** Price reverses back inside the channel (failed breakout) - **Entry:** Go SHORT (against the failed breakout above), or LONG (against the failed breakdown below) - **Philosophy:** Mean-reversion—fade false breakouts and profit from trapped traders #### Turtle Soup Plus One Variant: Raschke also developed a more conservative variant called "Turtle Soup Plus One" which waits for the *next bar* after the breakout to confirm the failure before entering. This reduces false signals but may miss some opportunities. --- ## Our Enhanced Turtle Soup Strategy We have taken the classic Turtle Soup concept and enhanced it with modern technical indicators and filters to improve signal quality and adapt to today's markets. ### Core Logic Preserved The fundamental strategy remains true to Raschke's original concept: | Turtle (Original) | Turtle Soup (Our Strategy) | |-------------------|---------------------------| | BUY breakout above 20-day high | SHORT when that breakout FAILS | | SELL breakout below 20-day low | LONG when that breakdown FAILS | | Trend-following | Mean-reversion | | "The trend is your friend" | "Failed breakouts trap traders" | --- ### Enhancements & Improvements #### 1. RSI Exhaustion Filter **Addition:** RSI must confirm exhaustion before entry - **For SHORT entries:** RSI > 60 (buyers exhausted) - **For LONG entries:** RSI < 40 (sellers exhausted) **Why:** The original Turtle Soup had no momentum filter. Adding RSI ensures we only fade breakouts when the market is showing signs of exhaustion, significantly reducing false signals. This enhancement was inspired by later traders who found RSI extremes (originally 90/10, softened to 60/40) dramatically improved win rates. #### 2. ADX Trending Filter **Addition:** ADX must be > 20 for trades to execute **Why:** While the original Turtle Soup was designed for ranging markets, we found that requiring *some* trend strength (ADX > 20) actually improves results. This ensures we're trading in markets with enough directional movement to create meaningful failed breakouts, rather than random noise in dead markets. #### 3. Heikin Ashi Smoothing **Addition:** Optional Heikin Ashi calculations for breakout detection **Why:** Heikin Ashi candles smooth out price noise and make trend reversals more visible. When enabled, the strategy uses HA values to detect breakouts and failures, reducing whipsaws from erratic price spikes. #### 4. Dynamic Donchian Channels with Regime Detection **Addition:** Color-coded channels based on market regime - 🟢 **Green:** Bullish regime (uptrend + DI+ > DI- + OBV bullish) - 🔴 **Red:** Bearish regime (downtrend + DI- > DI+ + OBV bearish) - 🟡 **Yellow:** Neutral regime **Why:** Visual regime detection helps traders understand the broader market context. The original Turtle Soup had no regime awareness—our enhancement lets traders see at a glance whether conditions favor the strategy. #### 5. Volume Spike Detection (Optional) **Addition:** Optional filter requiring volume surge on the breakout bar **Why:** Failed breakouts are more significant when they occur on high volume. A volume spike on the breakout bar (default 1.2x average) indicates more traders got trapped, creating stronger reversal potential. #### 6. ATR-Based Stops and Targets **Addition:** Configurable ATR-based stop losses and profit targets - **Stop Loss:** 1.5x ATR (default) - **Profit Target:** 2.0x ATR (default) **Why:** The original Turtle Soup used fixed stop placement. ATR-based stops adapt to current volatility, providing tighter stops in calm markets and wider stops in volatile conditions. #### 7. Signal Cooldown **Addition:** Minimum bars between trades (default 5) **Why:** Prevents overtrading during choppy conditions where multiple failed breakouts might occur in quick succession. #### 8. Real-Time Info Panel **Addition:** Comprehensive dashboard showing: - Current regime (Bullish/Bearish/Neutral) - RSI value and zone - ADX value and trending status - Breakout status - Bars since last high/low - Current setup status - Position status **Why:** Gives traders instant visibility into all strategy conditions without needing to check multiple indicators. --- ## Entry Rules Summary ### SHORT Entry (Fading Failed Breakout Above) 1. ✅ Price breaks ABOVE the 20-period Donchian high 2. ✅ Previous 20-period high was at least 1 bar ago 3. ✅ Price closes back BELOW the Donchian high (failed breakout) 4. ✅ RSI > 60 (exhausted buyers) 5. ✅ ADX > 20 (trending market) 6. ✅ Cooldown period met → **Enter SHORT**, betting the breakout will fail ### LONG Entry (Fading Failed Breakdown Below) 1. ✅ Price breaks BELOW the 20-period Donchian low 2. ✅ Previous 20-period low was at least 1 bar ago 3. ✅ Price closes back ABOVE the Donchian low (failed breakdown) 4. ✅ RSI < 40 (exhausted sellers) 5. ✅ ADX > 20 (trending market) 6. ✅ Cooldown period met → **Enter LONG**, betting the breakdown will fail --- ## Exit Rules 1. **ATR Stop Loss:** Position closed if price moves 1.5x ATR against entry 2. **ATR Profit Target:** Position closed if price moves 2.0x ATR in favor 3. **Channel Exit:** Position closed if price breaks the exit channel in the opposite direction 4. **Mid-Channel Exit:** Position closed if price returns to channel midpoint --- ## Best Market Conditions The Turtle Soup strategy performs best when: - ✅ Markets are prone to false breakouts - ✅ Volatility is moderate (not too low, not extreme) - ✅ Price is oscillating within a broader range - ✅ There are clear support/resistance levels The strategy may struggle when: - ❌ Strong trends persist (breakouts follow through) - ❌ Volatility is extremely low (no meaningful breakouts) - ❌ Markets are in news-driven directional moves --- ## Default Settings | Parameter | Default | Description | |-----------|---------|-------------| | Lookback Period | 20 | Donchian channel period | | Min Bars Since Extreme | 1 | Bars since last high/low | | RSI Length | 14 | RSI calculation period | | RSI Short Level | 60 | RSI must be above this for shorts | | RSI Long Level | 40 | RSI must be below this for longs | | ADX Length | 14 | ADX calculation period | | ADX Threshold | 20 | Minimum ADX for trades | | ATR Period | 20 | ATR calculation period | | ATR Stop Multiplier | 1.5 | Stop loss distance in ATR | | ATR Target Multiplier | 2.0 | Profit target distance in ATR | | Cooldown Period | 5 | Minimum bars between trades | | Volume Multiplier | 1.2 | Volume spike threshold | --- ## Philosophy > *"The Turtle system made millions by following breakouts. The Turtle Soup strategy makes money when those breakouts fail. In trading, there's always someone on the other side of the trade—this strategy profits by being the smart money that fades the trapped breakout traders."* The beauty of the Turtle Soup strategy is its elegant simplicity: it exploits a known, repeatable pattern (failed breakouts) while using modern filters (RSI, ADX) to improve timing and reduce false signals. --- ## Credits - **Original Turtle System:** Richard Dennis & William Eckhardt (1983) - **Turtle Soup Strategy:** Linda Bradford Raschke & Larry Connors (1990s) - **RSI Enhancement:** Various traders who discovered RSI extremes improve reversal detection - **This Implementation:** Enhanced with Heikin Ashi smoothing, regime detection, ADX filtering, and comprehensive visualization --- *"We're not following the turtles—we're making soup out of them."* 🥣
Estrategia Pine Script®
por ralis24
ES-VIX Expected Move - Open basedES-VIX Daily Price Bands This indicator plots dynamic intraday price bands for ES futures based on real-time volatility levels measured by the VIX (CBOE Volatility Index). The bands evolve throughout the trading day, providing volatility-adjusted price targets. Formulas: Upper Band = Daily Open + (ES Price × VIX ÷ √252 ÷ 100) Lower Band = Daily Open - (ES Price × VIX ÷ √252 ÷ 100) The calculation uses the square root of 252 (trading days per year) to convert annualized VIX volatility into an expected daily move, then scales it as a percentage adjustment from the current day's open. Features: Real-time band calculation that updates throughout the trading session Upper band (green) extends from the current day's open Lower band (red) contracts from the current day's open Inner upper band (green) at 50% of expected move Inner lower band (red) at 50% of expected move Middle Inner upper band (green) at 80% of expected move Middle Inner lower band (red) at 80% of expected move Information table displaying: Current ES price and VIX level Daily Open Expected move
Indicador Pine Script®
por alanjeremiebarbe
FVG + Bollinger + Toggles + Swing H&L (Taken/Close modes)This indicator combines multiple advanced market-structure tools into one unified system. It detects A–C Fair Value Gaps (FVG) and plots them as dynamic boxes projected a fixed number of bars forward. Each bullish or bearish FVG updates in real time and “closes” once price breaks through the opposite boundary. The indicator also includes Bollinger Bands based on EMA-50 with adjustable deviation settings for volatility context. Swing Highs and Swing Lows are identified using pivot logic and are drawn as dynamic lines that change color once taken out. You can choose whether swings end on a close break or on any touch/violation of the level. All visual elements—FVGs, Bollinger Bands, and Swing Lines—can be individually toggled on or off from the settings panel. A time-window session box is included, allowing you to highlight a custom intraday window based on your selected timezone. The session box automatically tracks the high and low of the window and locks the final range once the window closes. Overall, the tool is designed for traders who want a structured, multi-layered view of liquidity, volatility, and intraday timing.
Indicador Pine Script®
por Menash100