Ale tonkis Swing failure + 5MIndicator Description: Ale Tonkis Swing Failure (SFP)
This script is an advanced Swing Failure Pattern (SFP) and Change in State of Delivery (CISD) indicator. It is designed to identify liquidity sweeps and market structure shifts across multiple timeframes simultaneously.
Key Features
Pivot Detection: Automatically identifies high and low pivot points based on a user-defined lookback period.
Liquidity Sweep Analysis: Detects when the price "sweeps" (goes beyond) a previous pivot high or low without closing significantly past it, signaling a potential reversal.
CISD (Change in State of Delivery): Tracks internal market structure shifts to confirm the SFP signal.
Multi-Timeframe (MTF) Dashboard: A real-time table in the top-right corner monitors the trend state across four different timeframes: M1, M3, M5, and M15.
Visual Alerts: The script uses dynamic bar coloring and labels (▲/▼) to signal entry points directly on the chart.
Technical Updates (M5 Integration)
The code has been specifically modified to include the 5-minute (M5) timeframe within the Multi-Timeframe logic:
Data Fetching: A new request.security call was added to retrieve the sfp_trend_state from the 5-minute interval.
Table Expansion: The display table was resized from 4 rows to 5 rows to accommodate the new data without overlapping.
UI Alignment: The M5 state is now positioned between M3 and M15, providing a smoother transition for traders analyzing mid-range scalping opportunities.
How to Read the Dashboard
LONG (Green): Indicates a bullish SFP has occurred and the trend remains positive on that timeframe.
SHORT (Red): Indicates a bearish SFP has occurred and the trend remains negative.
Empty/Black: No active SFP trend is currently detected on that specific timeframe.
Candlestick analysis
Average CandleAverage Candle is a custom indicator that plots a synthetic candle built from the average open, high, low, and close of the last X periods, providing a smoother view of price behavior and trend. It helps filter noise by summarizing recent market action into a single, representative **candle** per bar.
1. Introduction
Average Candle calculates the simple moving average of each OHLC component (Open, High, Low, Close) over a user-defined lookback period and renders that as a separate candle on the chart.
This creates a smoothed representation of price that is less affected by short-term volatility while still respecting the overall structure of the market.
By visualizing these averaged candles, traders can better identify underlying direction and momentum without removing the original price bars.
2. Key features
- Uses the average of the last X opens, highs, lows, and closes to build a synthetic candle for each bar, allowing consistent smoothing across all OHLC components.
- Colors the Average Candle bullish or bearish based on whether the average close is above or below the average open, making directional bias visually clear at a glance.
- Can be overlaid on the main chart to compare raw price candles with their averaged counterpart, helping traders distinguish meaningful swings from short-term noise.
3. How to use
- Add the indicator to your chart, choose the desired lookback length (X periods), and tune it according to your trading timeframe and style—for example, shorter lengths for more responsive signals and longer lengths for smoother trends.
- Use the Average Candle to confirm trend direction, detect potential reversals, or validate entries and exits by checking whether price action aligns with the smoothed average structure.
- Combine it with other tools such as support/resistance, volume, or momentum indicators, ensuring it is used as a complementary visualization aid rather than a standalone signal generator.
BOX THEORY V2 - SHOVONThis theory is a Daily Session Range strategy that focuses on identifying institutional supply and demand zones within a specific 24-hour trading window.
The core logic is built on three main components:
The Daily Box: This establishes the "playing field" for the day, defined by the session's absolute high and low. It treats the entire day's price action as a single contained unit of volatility.
Mean Reversion (The Midline): The center line represents the Fair Value or median price of the day. Price often gravitates toward this level when it is not trending strongly, serving as a pivot point for the session.
Premium & Discount Zones (Buy/Sell Zones):
The Sell Zone (Top 10%): Located at the extreme high, this represents a Premium area where the asset is considered "expensive" for that day. Traders look for signs of exhaustion here to take short positions.
The Buy Zone (Bottom 10%): Located at the extreme low, this represents a Discount area where the asset is considered "cheap." Traders look for bullish reversals here to take long positions.
How it is Used
Traders use this to avoid "chasing" price in the middle of the range. The theory suggests that high-probability trades occur at the edges (the zones), while the midline acts as the primary target for profit-taking.
Time+Another way of looking at time, with each time classification split into 4 parts, where you can assess in what quarter of time price moves, or does not.
SIGMA 2026 V1📌 الوصف باللغة العربية
SIGMA 2026 – نظام تحليل وتداول احترافي
مؤشر SIGMA 2026 هو نظام تداول متكامل يركّز على السياق السعري (Market Context) بدل الاعتماد على إشارات شراء وبيع عشوائية.
تم تصميمه خصيصًا للتداول داخل اليوم (Intraday) ويعمل على الأطر الزمنية من الدقيقة حتى الساعة (H1).
🔹 ما الذي يميز SIGMA؟
لا يعتمد على مؤشر واحد فقط
يدمج بين الزمن، السعر، الاتجاه، والزخم
يمنح المتداول أفضلية في اتخاذ القرار بدل إعطائه إشارة جاهزة
🎯 فلسفة المؤشر
SIGMA لا يخبرك متى تدخل الصفقة،
بل يساعدك على معرفة متى لا يجب عليك التداول.
⚠️ ملاحظات مهمة
المؤشر يعمل فقط على الأطر الزمنية حتى H1
لا يُنصح باستخدامه على H4 أو الأطر الأعلى
أفضل نتائجه تتحقق عند توافق 3 عناصر أو أكثر من مكونات النظام
📌 Description in English
SIGMA 2026 – Professional Market Analysis & Trading System
SIGMA 2026 is a comprehensive trading system focused on market context rather than random buy and sell signals.
It is specifically designed for intraday trading, operating on timeframes from 1 minute up to 1 hour (H1).
🔹 What Makes SIGMA Different?
Not based on a single indicator
Combines time, price, trend, and momentum
Provides a decision-making edge, not just trade signals
🎯 Indicator Philosophy
SIGMA doesn’t tell you when to enter a trade,
it helps you understand when you should NOT trade.
⚠️ Important Notes
Designed to work only on timeframes up to H1
Not recommended for H4 or higher timeframes
Best performance occurs when 3 or more system elements align
Institutional Terminal [PSTV] - Smart Liquidity & Kill ZonesThe Institutional Terminal is not just an indicator; it is a complete decision-support system designed to replicate the logic of institutional algorithms and market makers. Unlike standard SMC tools that clutter your chart with endless lines, this script focuses on Liquidity Quality and Context.
It filters out noise to show you exactly where the "Smart Money" is stacked, when they are active, and the volume behind their moves.
Key Features & Logic
1. Smart Liquidity Classification (The Hierarchy)
Not all Order Blocks (OB) are created equal. The algorithm automatically scans the market structure to classify zones:
Solid Lines (Extreme Liquidity): These are the Extreme Price Levels (Lowest Lows for Buys, Highest Highs for Sells). This is the "Kill Zone" where institutions place their resting limit orders.
Dashed Lines (Inducement/Liquidity Pools): These are internal blocks that sit in front of the extreme. Be careful here—these zones often act as "Inducement" (Traps) to be swept before the real move happens.
2. Volume-Weighted Order Blocks
The script integrates Volume Analysis directly into the structure:
Thick Borders: The candle creating this zone had High Volume (1.5x above average). This indicates heavy institutional participation and a high probability of a reaction.
Thin Borders: Standard volume. Valid, but requires more confirmation.
3. Institutional Kill Zones (Time)
Market Makers operate during specific hours. The background changes color to visualize high-volatility sessions (Default: UTC+7 / WIB):
Teal Background: London Open (Accumulation/Manipulation).
Red Background: New York Session (Expansion/Reversal).
No Color: Low Volatility / Asian Session (Consolidation).
4. The Institutional Terminal (Dashboard)
A professional heads-up display in the top-right corner providing real-time macro data:
Session: Detects active market session.
Algo Bias: Combines Structure, EMA Trend, and VWAP to determine if the market is Strong Buy, Weak Buy, Neutral, Weak Sell, or Strong Sell.
Structure: Tracks the invisible Swing Points to determine the sequence (Bullish/Bearish).
Confluence: Checks for High Volume spikes or DXY (Dollar Index) correlation divergence.
How to Trade with This Tool
Check the Terminal Bias: Is the Algo Bias matching your trade idea? (e.g., Green Bias for Buys).
Wait for the Kill Zone: Are you in the London or NY session? Avoid trading during the "No Color" dead zones.
Identify the Sweep:
Watch price react to Dashed Lines (Inducement). Ideally, wait for them to be broken (Swept).
Look for entries at the Solid Lines (Extreme OB).
Confirm with Volume: A Thick-Bordered box at an Extreme level is the highest probability setup (Golden Setup).
Settings & Customization
Visual Liquidity: Customize colors for Bullish/Bearish zones and the transparency of the dashboard.
OB Extension: Control how far the boxes extend to the right (default: 25 bars) to keep your chart clean.
Time & Sessions: Fully customizable session times. Default is set to UTC+7 (WIB), but can be adjusted to your local exchange time.
Trend Filters: Option to toggle DXY correlation integration for Forex/Gold traders.
HoneG_TrendMode3HoneG_TrendMode3
This is a trend-detection tool incorporating proprietary trend-judgment logic.
It reacts faster to trend reversals than tools that merely observe moving average perfect orders.
As a handy feature, it also changes the candle color to yellow when the candle touches the Bollinger Bands 2-sigma level.
独自のトレンド判断ロジックを組み込んだトレンド把握用ツールです。
移動平均線のパーフェクトオーダーを見るといった類のツールよりも、トレンド転換時の反応が早いです。
小技としてローソク足がボリバン２シグマにタッチすると、ローソク足の色が黄色に変わる機能も付けてます。
ICT Flow Matrix [Ultimate]📊 Overview
ICT Flow Matrix is a comprehensive, all-in-one Smart Money Concepts (SMC) indicator built for traders who follow ICT (Inner Circle Trader) methodology. This indicator consolidates over 15 institutional trading concepts into a single, highly customizable tool—eliminating chart clutter from multiple indicators while providing deep market structure analysis.
Whether you're identifying liquidity pools, tracking order flow, or timing entries during ICT Macro windows, this indicator delivers institutional-grade analysis directly on your chart.
Pro Tip: use with ICT Market Regime Detector for clear language reads on everything.
⚡ Key Features
🎯 Price Delivery Arrays (PDAs)
Fair Value Gaps (FVG) — Automatic detection with customizable mitigation tracking (Wick Touch, 50% CE, Full Close)
Inverse FVGs (iFVG) — Identifies when FVGs fail and flip, creating new tradeable zones
Order Blocks (OB) — Last opposing candle before impulsive moves with adjustable impulse strength
Breaker Blocks (BB) — Automatically generated when Order Blocks fail
Rejection Blocks (RB) — Strong wick rejections indicating institutional defense
Volume Imbalances (VIMB) — Gaps between candle bodies showing aggressive institutional activity
📐 Market Structure & Liquidity
Market Structure Shifts (MSS) — Real-time detection of bullish/bearish structure breaks
Equal Highs/Lows (EQH/EQL) — Liquidity pools where stop losses accumulate
Buy-Side/Sell-Side Liquidity (BSL/SSL) — Swing point liquidity levels with sweep detection
Premium/Discount Zones — Visual shading showing institutional buying/selling areas
OTE Zone (61.8%-79%) — Optimal Trade Entry zone for high-probability entries
⏰ Time-Based Analysis
ICT Macro Times — All nine 30-minute algorithmic windows (02:45, 03:45, 04:45, 09:45, 10:45, 13:45, 14:45, 15:15, 15:45 NY Time)
Killzone Sessions — Asia, London, NY AM, NY PM with customizable times
Session Opens — Weekly, Monthly, Daily opening prices
Previous Period H/L — PDH/PDL, PWH/PWL, PMH/PML levels
📏 Dealing Ranges
Multi-Timeframe Ranges — 21-Day, 3-Day, Daily dealing ranges
Session Ranges — Asia, London, NY dealing ranges with equilibrium
Fibonacci Structure — 0%, 50% (EQ), 100% levels with P/D shading
🕯️ HTF Orderflow
Higher Timeframe Candles — Display up to 6 HTF candles with auto-timeframe selection
Candle Timer — Countdown to next HTF candle close
O/H/L Reference Lines — Current HTF open, high, low levels extended on chart
🎨 Visual Customization
5 Theme Presets — Dark Pro, Light Clean, Neon, Classic, Custom
Full Color Control — Customize every element individually
Zone Styles — Filled or Border Only options
Mitigation Effects — Visual fade when zones are mitigated
📋 Smart Dashboard
Real-Time Status — Structure bias, zone position, active session, OTE status
Confluence Score — Algorithmic scoring when multiple concepts align
Zone Counters — Active FVG, OB, BB, RB, VIMB, liquidity levels
3 Display Modes — Minimal, Compact, Detailed
🔔 Comprehensive Alert System
40+ Alert Conditions including:
FVG/OB/BB/RB/VIMB formation
Liquidity sweeps (EQH, EQL, BSL, SSL)
Market Structure Shifts
OTE zone entry
Macro time windows
Session opens
High confluence zones
Combo alerts (Macro + Confluence)
📖 How To Use
For Swing/Position Traders:
Enable HTF Orderflow to identify dominant trend direction
Use Dealing Ranges (3D, 21D) to find premium/discount zones
Look for OB/FVG confluence in discount (longs) or premium (shorts)
Confirm with MSS for trend alignment
For Day/Intraday Traders:
Mark the Asian Range during pre-market
Wait for London or NY AM Killzone
Enter during ICT Macro windows when price reaches FVG/OB in OTE zone
Target opposite liquidity (BSL for longs, SSL for shorts)
Confluence Trading:
Dashboard shows real-time confluence score
Score ≥ 3 indicates multiple ICT concepts aligned
Higher scores = higher probability setups
⚙️ Recommended Settings
Trading Style FVG Max OB Max History Bars HTF Candles
Scalping 3-5 2-3 100-200 3-4 Day Trading 5-8 3-5 200-400 4-5
Swing Trading 8-12 5-8 400-800 5-6
🎯 Best Practices
✅ Do:
Use HTF bias before taking LTF entries
Wait for Macro time windows for highest probability
Combine MSS + FVG/OB + OTE for A+ setups
Let mitigated zones fade (use Mitigation Fade setting)
❌ Avoid:
Trading against HTF structure
Entries outside Killzones (lower probability)
Ignoring liquidity targets
Over-cluttering chart (disable unused features)
📝 Version History
v6.0 (Current)
Complete rewrite in PineScript v6
Added ICT Macro Times with bracket/background styles
Enhanced confluence detection algorithm
Improved HTF candle rendering with multiple styles
Added Inverse FVG detection
Session-based Dealing Ranges
Performance optimizations
40+ alert conditions
⚠️ Disclaimer
This indicator is a technical analysis tool designed to visualize ICT/SMC concepts. It does not provide financial advice or guarantee profitable trades. Past performance is not indicative of future results. Always use proper risk management and trade responsibly.
💬 Support & Feedback
If you find this indicator valuable, please leave a comment or boost! Your feedback helps improve future updates.
Questions? Drop a comment below—I actively respond to all questions about the indicator's features and usage.
Fixed Multi-TF Dashboard + Color TimerThis version changes the remaining time; if it's less than 1 minute, it's yellow, and if it's less than 30 seconds, it's red.
cg - Absorption + High VolumeThis indicator is designed to assist traders in identifying potential limit entry zones along with confirmation signals based on price behavior and technical conditions. It highlights areas where price may react, helping traders plan entries with a structured and disciplined approach.
The indicator provides both Buy Limit and Sell Limit levels, as well as confirmation signals to improve timing and trade confidence. Users can select from four different signal options, allowing flexibility for conservative or aggressive trading styles.
All signals are generated using predefined logic based on historical price data and market structure. This indicator does not predict future price movement and should be used as a decision-support tool, not as a standalone system.
Key features include multi-timeframe compatibility, customizable signal options, and broad market support including Forex, Crypto, Indices, and Stocks. It is suitable for scalping, day trading, and swing trading when combined with proper risk management.
Double BB Touch Alert캔들이 기본 볼린저밴드(20,2,종가)와 사용자밴드(4,4,시가)를 동시에 닿았을 때 알람 발생시키는 스크립트
"A script that triggers an alert when the candle simultaneously touches both the default Bollinger Bands (20, 2, close) and a custom band (4, 4, open)."
Advanced Trading IndicatorKING INDICATOR👑
I develop scripts and indicators for TradingView from real work with the market
Not theoretical experiments and not a “magic indicator”.
The scripts published here are intermediate and useful versions, designed to:
Give real value
Illustrate the thinking method
And allow you to test the logic on the chart yourself
🔍 The more complete and complex systems
(including depth layers, advanced filters, situation management, extensive market logic and additional tools)
are not published here publicly and are only available through external links.
🎯 If this script feels accurate, clean, and not “just another copy” to you
You will probably find significant value in the advanced tools as well.
For direct and VIP reservations:
professional-trading-system-three-decision-layers-with-9fbb39df.landy-ai.com
For orders on the website:
ofektoval.co.il
Sample Indicator with SL and TPKING INDICATOR👑
I develop scripts and indicators for TradingView from real work with the market
Not theoretical experiments and not a “magic indicator”.
The scripts published here are intermediate and useful versions, designed to:
Give real value
Illustrate the thinking method
And allow you to test the logic on the chart yourself
🔍 The more complete and complex systems
(including depth layers, advanced filters, situation management, extensive market logic and additional tools)
are not published here publicly and are only available through external links.
🎯 If this script feels accurate, clean, and not “just another copy” to you
You will probably find significant value in the advanced tools as well.
For direct and VIP reservations:
professional-trading-system-three-decision-layers-with-9fbb39df.landy-ai.com
For orders on the website:
ofektoval.co.il
Buy/Sell PressureKING INDICATOR👑
I develop scripts and indicators for TradingView from real work with the market
Not theoretical experiments and not a “magic indicator”.
The scripts published here are intermediate and useful versions, designed to:
Give real value
Illustrate the thinking method
And allow you to test the logic on the chart yourself
🔍 The more complete and complex systems
(including depth layers, advanced filters, situation management, extensive market logic and additional tools)
are not published here publicly and are only available through external links.
🎯 If this script feels accurate, clean, and not “just another copy” to you
You will probably find significant value in the advanced tools as well.
For direct and VIP reservations:
professional-trading-system-three-decision-layers-with-9fbb39df.landy-ai.com
For orders on the website:
ofektoval.co.il
Ultimate Trading SystemKING INDICATOR👑
I develop scripts and indicators for TradingView from real work with the market
Not theoretical experiments and not a “magic indicator”.
The scripts published here are intermediate and useful versions, designed to:
Give real value
Illustrate the thinking method
And allow you to test the logic on the chart yourself
🔍 The more complete and complex systems
(including depth layers, advanced filters, situation management, extensive market logic and additional tools)
are not published here publicly and are only available through external links.
🎯 If this script feels accurate, clean, and not “just another copy” to you
You will probably find significant value in the advanced tools as well.
For direct and VIP reservations:
professional-trading-system-three-decision-layers-with-9fbb39df.landy-ai.com
For orders on the website:
ofektoval.co.il
ORB + FVG KING INDICATORKING INDICATOR👑
I develop scripts and indicators for TradingView from real work with the market
Not theoretical experiments and not a “magic indicator”.
The scripts published here are intermediate and useful versions, designed to:
Give real value
Illustrate the thinking method
And allow you to test the logic on the chart yourself
🔍 The more complete and complex systems
(including depth layers, advanced filters, situation management, extensive market logic and additional tools)
are not published here publicly and are only available through external links.
🎯 If this script feels accurate, clean, and not “just another copy” to you
You will probably find significant value in the advanced tools as well.
For direct and VIP reservations:
professional-trading-system-three-decision-layers-with-9fbb39df.landy-ai.com
For orders on the website:
ofektoval.co.il
SNIPER ofek tovalKING INDICATOR👑
I develop scripts and indicators for TradingView from real work with the market
Not theoretical experiments and not a “magic indicator”.
The scripts published here are intermediate and useful versions, designed to:
Give real value
Illustrate the thinking method
And allow you to test the logic on the chart yourself
🔍 The more complete and complex systems
(including depth layers, advanced filters, situation management, extensive market logic and additional tools)
are not published here publicly and are only available through external links.
🎯 If this script feels accurate, clean, and not “just another copy” to you
You will probably find significant value in the advanced tools as well.
For direct and VIP reservations:
professional-trading-system-three-decision-layers-with-9fbb39df.landy-ai.com
For orders on the website:
ofektoval.co.il
Stockbee 9 million EP (Up or Down)Stockbee 9 million EP showing dot under candlestick for easy identification.
Ultra Fusion Visual Debug (3/3 Entry)KING INDICATOR👑
I develop scripts and indicators for TradingView from real work with the market
Not theoretical experiments and not a “magic indicator”.
The scripts published here are intermediate and useful versions, designed to:
Give real value
Illustrate the thinking method
And allow you to test the logic on the chart yourself
🔍 The more complete and complex systems
(including depth layers, advanced filters, situation management, extensive market logic and additional tools)
are not published here publicly and are only available through external links.
🎯 If this script feels accurate, clean, and not “just another copy” to you
You will probably find significant value in the advanced tools as well.
For direct and VIP reservations:
professional-trading-system-three-decision-layers-with-9fbb39df.landy-ai.com
For orders on the website:
ofektoval.co.il
Ultra Weak Pump Detector V1.1 Adaptive Volume KING INDICATORKING INDICATOR👑
I develop scripts and indicators for TradingView from real work with the market
Not theoretical experiments and not a “magic indicator”.
The scripts published here are intermediate and useful versions, designed to:
Give real value
Illustrate the thinking method
And allow you to test the logic on the chart yourself
🔍 The more complete and complex systems
(including depth layers, advanced filters, situation management, extensive market logic and additional tools)
are not published here publicly and are only available through external links.
🎯 If this script feels accurate, clean, and not “just another copy” to you
You will probably find significant value in the advanced tools as well.
For direct and VIP reservations:
professional-trading-system-three-decision-layers-with-9fbb39df.landy-ai.com
For orders on the website:
ofektoval.co.il
RS Proxy Suite (Sector-Weighted) - by kuokkuokIndicator Description
RS Proxy Suite (Sector-Weighted) is a Pine Script indicator for TradingView, designed for stock traders to calculate a stock's Relative Strength (RS) proxy score. This indicator simulates a market proxy universe by weighting multiple sector ETFs, evaluating a stock's strength relative to a benchmark like the SPX. Inspired by the M.E.T.S. (Multiple Edge Trading Strategy) system, it helps users identify market-leading stocks, potential breakout opportunities, and low-risk entry points.
Key Features and Benefits:
RS Proxy Rating (1–99 Score): Computes the stock's RS score (higher is stronger), aiding in screening super-strong stocks. A score above 80 indicates the stock outperforms most peers, making it a prime buy candidate.
RS Line and Blue Dot Divergence: Displays the RS line trend and marks RS-leading new high divergences. This acts like an "early warning light," signaling potential low-risk entries (e.g., when RS hits a new high but price hasn't caught up yet).
Sector-Weighted Design: Integrates Growth, Cyclical, Defensive, and Policy ETFs to simulate a comprehensive market environment. Weights are adjustable for flexibility across market phases.
Dashboard Display: A concise panel shows RS Rating, RS Trend, and Blue Dot status for quick decision-making.
Application Scenarios: Ideal for technical analysts to screen leaders, spot trend reversals, or confirm breakouts with VCP patterns (Volatility Contraction Patterns). Its strength lies in avoiding single-index bias for more stable RS assessments.
This indicator avoids subjective judgments, relying on quantitative momentum calculations to help traders "go with the flow" and reduce false breakout risks. Shared for community use—feedback welcome for improvements.
User Manual -
This manual guides you on installing and using the RS Proxy Suite (Sector-Weighted) indicator on TradingView. It's suited for daily or weekly charts, applicable to US stocks or markets correlated with SPX. Ensure your TradingView account supports Pine Script v6.
1. Installation Steps
Step 1: Log in to TradingView and open the Chart page.
Step 2: Click the "Indicators" button in the top toolbar, search for "RS Proxy Suite (Sector-Weighted)" (or paste the Pine Script code into the Pine Editor and add it).
Step 3: If installing from the Community Scripts library, click "Add to Chart"; for custom code, save and add to the chart.
Step 4: The indicator will appear below the chart (overlay=false). Confirm no error messages.
2. Parameter Adjustment Guide
The indicator offers multiple input parameters in TradingView's "Settings" panel. Defaults are optimized, but adjust based on market conditions. Here's a grouped breakdown:
Data Source:
Market Index SPX: Default "SP:SPX", changeable to other indices (e.g., "TVC:NDX").
Calculation Price: Default close (closing price), switch to high/low/open for sensitivity tweaks.
RS Momentum Periods (Adjustable):
Short Term (Default 63 days): Short-term momentum; larger values smooth it out.
Medium Term (Default 126 days): Mid-term momentum.
Long Term (Default 252 days): Long-term momentum for capturing major trends.
Momentum Weights:
Short Term Weight: Default 0.4, emphasizes recent performance.
Medium Term Weight: Default 0.2.
Long Term Weight: Default 0.4. Sum doesn't need to be 1; system normalizes automatically.
Sector Weights: Each ETF weight is independently adjustable (step 0.1). Defaults reflect sector importance, e.g., higher for growth ETFs.
XLK Weight (Technology): Default 1.5.
SOXX Weight (Semiconductors): Default 1.3.
XLY Weight (Consumer Discretionary): Default 1.2.
XLC Weight (Communication Services): Default 1.1.
XLG Weight (Large Cap Growth): Default 1.3.
XLI Weight (Industrials): Default 1.0.
XLF Weight (Financials): Default 1.0.
XLB Weight (Materials): Default 0.9.
XLE Weight (Energy): Default 0.9.
XLV Weight (Health Care): Default 0.8.
XLP Weight (Consumer Staples): Default 0.8.
XLU Weight (Utilities): Default 0.7.
XLRE Weight (Real Estate): Default 0.7.
PPA Weight (Aerospace & Defense): Default 0.9.
Adjustment Tips: Boost XLK/SOXX for tech-favorable markets; increase XLV/XLP for defensive phases.
Visualization Settings:
Show RS Line: Displays RS line (black) and 50-day MA (gray).
Show Blue Dot Divergence (Blue Dot): Marks divergence signals.
Show Dashboard: Enables the dashboard.
Dashboard Position: Choose locations like "Bottom Right".
3. Output Interpretation
RS Line: Black line shows stock strength vs. SPX; upward trend means outperforming. Gray line is 50-day MA—breaking above signals strength.
Blue Dot: Blue circle appears for RS leading price new highs (like a "coiled spring"), indicating potential low-risk entries. Confirm with: RS > 50-day MA and volume surge.
Dashboard:
RS Rating: Score 1–99; green (>80) for strong, yellow (50–80) neutral, red (<50) weak.
RS Trend: Green "Strong" or red "Weak".
Blue Dot: Blue "Present" or red "None".
Interpretation Analogy: RS Rating is like a stock's "health score"—above 80 is an "athlete" worth tracking for breakouts; Blue Dot is a "green light," but pair with volume to confirm true breakouts (avoid fakes).
4. Usage Examples
Screening Leaders: Add to AAPL chart—if RS Rating > 85 and Blue Dot appears, check if price nears VCP pivot; this is a low-risk buy setup.
Trend Judgment: Rising RS line with M.E.T.S. Stage 2 (uptrend) confirms trend-following trades.
Weight Tweaks: For defensive markets, raise XLV/XLU weights and recalculate RS Proxy.
5. Common Issues and Warnings
Q: Indicator not showing? A: Verify ETF symbols (e.g., AMEX:XLK) or switch timeframes.
Q: Inaccurate scores? A: Adjust periods/weights and backtest on historical data.
Q: Avoiding false breakouts? A: Combine with volume and support/resistance; Blue Dot is a alert, not a buy signal.
Warnings: Based on historical data; markets are volatile—use with other tools. Results are for reference only, not investment advice. Test in a demo account.
