Chande Momentum Oscillator - CMO🎯 Overview
This is a sophisticated Chande Momentum Oscillator indicator that combines traditional momentum analysis with dynamic moving average filtering. Unlike basic CMO implementations, this version features gradient visualization, multiple color themes, and a clear signal dashboard for precise momentum identification.
🧩 Core Components
1. ⚙️ Technical Foundation
📊 Primary Calculation: Uses TradingView's built-in ta.cmo() function with customizable source and period length
📈 Dual Analysis Components:
CMO Line: Pure momentum oscillator ranging from -100 to +100
MA Filter: Customizable moving average that acts as dynamic signal line
Gradient Zones: Visual fill between CMO and MA showing momentum intensity
⚡ Dynamic Comparison: Creates clear bullish/bearish signals based on CMO vs MA position
2. 🎛️ Configuration Parameters
📏 CMO Length: Default 14 periods (standard momentum setting)
🔄 MA Filter Settings:
Length: Customizable (default 365 periods)
Type: 6 options available (EMA, SMA, RMA, WMA, VWMA, HMA)
🎨 Color Themes: 5 visual schemes consistent with your indicator suite:
Classic, Modern, Robust, Accented, Monochrome
📊 Signal Interpretation:
🟢 BULLISH: CMO > MA Filter (momentum above trend)
🔴 BEARISH: CMO < MA Filter (momentum below trend)
3. 🎨 Visual Elements
🚨 Gradient Zones:
Upper zone (CMO > MA): Green gradient showing bullish momentum intensity
Lower zone (CMO < MA): Red gradient showing bearish momentum intensity
📋 Dashboard Display: Top-right status indicator showing "⬆️ Bullish" or "⬇️ Bearish"
📊 Dynamic Coloring: CMO line changes color based on position relative to MA
⚡ Trading Applications
📈 Primary Uses:
🎯 Momentum Direction Identification:
CMO > MA = Bullish momentum regime
CMO < MA = Bearish momentum regime
💪 Momentum Strength Assessment:
CMO > +50 = Strong bullish momentum
CMO < -50 = Strong bearish momentum
Between -50 and +50 = Moderate momentum
🚨 Crossover Signals:
Bull Signal: CMO crosses above MA
Bear Signal: CMO crosses below MA
📊 Zone Analysis:
🟢 Bullish Zones:
Light to dark green gradient as CMO rises
Strongest color at highest CMO values
🔴 Bearish Zones:
Light to dark red gradient as CMO falls
Strongest color at lowest CMO values
🟡 Equilibrium: Yellow MA line acts as dynamic pivot
🎨 Customization Options
👁️ Display Features:
📊 Dual Components: Always shows both CMO line and MA filter
🎨 Gradient Visualization: Automatic fill between lines showing momentum intensity
📋 Status Dashboard: Clear bullish/bearish indication
📈 Customizable MA: Choose from 6 different moving average types
🎨 Visual Themes: (Consistent suite)
🎨 Classic: Green/Red (traditional momentum colors)
🚀 Modern: Cyan/Purple (contemporary)
💪 Robust: Amber/Deep Purple (high contrast)
🌈 Accented: Purple/Magenta (vibrant)
⚫⚪ Monochrome: Light Gray/Dark Gray (minimalist)
🔔 Alert System
🟢 LONG Alert: Triggers when CMO crosses above MA
🔴 SHORT Alert: Triggers when CMO crosses below MA
📧 Format: Includes ticker symbol for tracking
⚡ Key Advantages
✅ Strengths:
🎯 Clear Momentum Signals: Direct comparison between CMO and MA provides unambiguous entries/exits
💪 Trend Filter: MA acts as dynamic support/resistance for momentum
👁️ Visual Clarity: Gradient zones show momentum intensity at a glance
🔄 Flexible Configuration: Multiple MA types for different trading styles
📊 Professional Dashboard: Immediate status recognition
📊 Optimal Settings:
⚡ Short-term Trading: CMO Length 9-14, MA Length 20-50
📊 Medium-term Trading: CMO Length 14-20, MA Length 50-100
📈 Long-term Trading: CMO Length 20-30, MA Length 100-365
🏆 Unique Features:
🎯 Gradient Visualization: Color intensity reflects momentum strength
📊 MA Filter Flexibility: 6 different moving average types
🎨 Consistent Design: Matches your indicator family aesthetics
📋 Status Dashboard: Quick visual confirmation of regime
🔧 Dual Analysis: Combines momentum oscillator with trend filter
🔄 Trading Strategies
1. Basic Momentum Strategy:
Go LONG when CMO crosses above MA
Go SHORT when CMO crosses below MA
Use extreme readings (>+80 or <-80) for overbought/oversold conditions
2. Momentum Strength Strategy:
Strong bullish: CMO > MA AND CMO > +50
Strong bearish: CMO < MA AND CMO < -50
Weak signals: Between -50 and +50
3. Divergence Detection:
Price makes higher high, CMO makes lower high → Bearish divergence
Price makes lower low, CMO makes higher low → Bullish divergence
📈 Performance Tips
Combine with Trend: Use in trending markets (avoid ranging periods)
Confirmation: Wait for candle close after MA crossover
Extreme Readings: +80/-80 often precede reversals
MA Selection: EMA for responsiveness, SMA for smoothness
Multiple Timeframes: Check higher timeframe CMO alignment
This enhanced CMO indicator provides professional-grade momentum analysis with intuitive visualization, allowing traders to quickly identify momentum regimes and strength while filtering out market noise through the customizable moving average filter! 📊🎯
Osciladores
Directional Movement Index - DMI🎯 Overview
This is a versatile Directional Movement Index (DMI) indicator that provides multiple visualization modes for analyzing trend strength and direction. Unlike traditional DMI displays, this version offers three different viewing options and focuses on DI crossover signals for clear trend identification.
🧩 Core Components
1. ⚙️ Technical Foundation
📊 Primary Calculation: Uses TradingView's built-in ta.dmi() function
📈 Three Core Components:
+DI (Positive Directional Indicator): Measures upward movement strength
-DI (Negative Directional Indicator): Measures downward movement strength
ADX (Average Directional Index): Measures overall trend strength
⚡ Dynamic Average: Creates a composite line (+DI minus -DI) for simplified analysis
2. 🎛️ Configuration Parameters
📏 DMI Length: Default 8 periods (standard setting)
🔄 ADX Smoothing: Additional smoothing for ADX line
🎨 Color Themes: 5 visual schemes consistent with your indicator suite
👁️ Display Toggles:
Average DMI: Shows composite line (+DI minus -DI)
DMI: Shows individual +DI and -DI lines
ADX Smoothing: Shows ADX trend strength line
📈 Signal Interpretation:
🟢 BULLISH: +DI > -DI (upward momentum stronger)
🔴 BEARISH: -DI > +DI (downward momentum stronger)
🎨 Visual Elements:
🚨 Signal Highlights: Background coloring on DI crossovers
📋 Line Labels: On-chart labels for each indicator component
📊 Table Display: Top-right bullish/bearish status indicator
📋 Dashboard Display:
Content: "⬆️ Bullish" or "⬇️ Bearish" based on DI relationship
⚡ Trading Applications
📈 Primary Uses:
🎯 Trend Direction Identification
+DI > -DI = Uptrend
-DI > +DI = Downtrend
💪 Trend Strength Assessment
ADX > 25 = Valid trend (tradable)
ADX < 25 = Weak trend (avoid trading)
ADX rising = Strengthening trend
🚨 Crossover Signals
Bull Crossover: +DI crosses above -DI
Bear Crossover: -DI crosses above +DI
🎨 Customization Options
👁️ Display Flexibility:
📊 Mode 1: Simplified (Average DMI only)
📈 Mode 2: Detailed (+DI and -DI lines)
💪 Mode 3: Strength-focused (ADX line)
🔄 Any Combination: Mix and match as needed
🎨 Visual Themes: (Consistent suite)
🎨 Classic: Green/Red (traditional directional colors)
🚀 Modern: Cyan/Purple (contemporary)
💪 Robust: Amber/Deep Purple (high contrast)
🌈 Accented: Purple/Magenta (vibrant)
⚫⚪ Monochrome: Light Gray/Dark Gray (minimalist)
🔔 Alert System
🟢 LONG Alert: Triggers when +DI crosses above -DI
🔴 SHORT Alert: Triggers when -DI crosses above +DI
📧 Format: Includes ticker symbol for tracking
⚡ Key Advantages
✅ Strengths:
🎯 Multiple Perspectives: Three display modes in one indicator
📊 Clear Trend Signals: DI crossovers provide unambiguous entries/exits
💪 Strength Filter: ADX helps avoid trading in weak trends
👁️ Visual Clarity: Color-coded and labeled for easy interpretation
🔄 Flexible Usage: Can be simple or detailed based on trader preference
📊 Optimal Settings:
⚡ Short-term Trading: 8-14 period length
📊 Medium-term Trading: 14-20 period length
📈 Long-term Trading: 20-50 period length
🎯 ADX Smoothing: Higher values for smoother trend strength
🏆 Unique Features:
Mode Selector: Choose your preferred view (simple → detailed)
Composite Average: (+DI - -DI) creates single directional line
Strength Integration: Built-in ADX for trend validation
Visual Harmony: Consistent design with your indicator family
Professional Labels: On-chart annotations for clarity
This DMI indicator provides professional-grade trend analysis with user-friendly flexibility, allowing traders from beginners to experts to customize their view according to their trading style and experience level! 📊🎯
Stochastic Momentum Index - SMI🎯 Overview
This is a Stochastic Momentum Index (SMI) indicator that combines stochastic momentum with moving average smoothing to identify trend direction and momentum strength in financial markets. The SMI measures where the current price closes relative to the midpoint of its recent trading range, providing enhanced sensitivity to price momentum.
🧩 Core Components
1. ⚙️ Technical Foundation
📊 Primary Calculation: Uses TradingView's built-in ta.stoch() function
📈 Range-Based: Compares closing price to high-low range over specified period
🎯 Scale: Oscillates between 0-100 with 50 as neutral midpoint
2. 🎛️ Configuration Parameters
📏 SMI Length: Default 101 periods (long-term smoothing)
📊 Source Price: Customizable (default = Close)
📈 MA Length: 30-period moving average applied to SMI
🔄 MA Type: 6 options (EMA, SMA, RMA, WMA, VWMA, HMA)
🎨 Color Themes: 5 visual schemes (Classic, Modern, Robust, Accented, Monochrome)
📈 Signal Interpretation:
🟢 BULLISH: SMI > 50 (price closing in upper half of range)
🔴 BEARISH: SMI < 50 (price closing in lower half of range)
🎯 Neutral Zone: Around 50 indicates balanced momentum
👁️ Visual Features
📈 Signal Line (MA):
Yellow moving average of SMI
Smooths momentum for clearer trend identification
🎯 Reference Lines:
50-level midpoint (white dashed line)
0-100 scale boundaries
🎨 Fill Zones:
🟢 Upper Zone : Bullish momentum area
🔴 Lower Zone : Bearish momentum area
Gradient fills enhance visual clarity
📋 Dashboard Display:
Content: "⬆️ Bullish" or "⬇️ Bearish" indicator
Purpose: Quick market bias assessment
⚡ Trading Applications
📈 Primary Uses:
🎯 Trend Identification
SMI > 50 = Uptrend momentum
SMI < 50 = Downtrend momentum
📊 Momentum Strength
Values near 100 = Strong bullish momentum
Values near 0 = Strong bearish momentum
Values around 50 = Neutral/consolidation
🔄 Mean Reversion
Extreme readings (near 0 or 100) may indicate overbought/oversold conditions
⏰ Timeframe Compatibility:
📅 Long-term: 101-period default suits swing/position trading
📊 Medium-term: Adjust lengths for daily/weekly analysis
⚡ Short-term: Reduce periods for intraday trading
🎨 Customization Options
🔄 Moving Average Types:
📉 EMA: Exponential - responsive to recent changes
📊 SMA: Simple - equal weight to all periods
📈 RMA: Relative - TradingView's special moving average
⚖️ WMA: Weighted - emphasizes recent data
💎 VWMA: Volume-weighted - incorporates volume
🚀 HMA: Hull - reduces lag significantly
🎨 Visual Themes:
🎨 Classic: Green/Red (traditional trading colors)
🚀 Modern: Cyan/Purple (modern aesthetic)
💪 Robust: Amber/Deep Purple (high contrast)
🌈 Accented: Purple/Magenta (vibrant)
⚫⚪ Monochrome: Light Gray/Dark Gray (minimalist)
🔔 Alert System
🟢 LONG Alert: Triggers when SMI crosses above 50
🔴 SHORT Alert: Triggers when SMI crosses below 50
📧 Format: Includes ticker symbol for easy identification
⚡ Key Advantages
✅ Strengths:
🎯 Clear Signals: Simple >50/<50 threshold for easy interpretation
📊 Range-Bound: Always oscillates 0-100 (no divergence issues)
👁️ Visual Clarity: Color-coded zones make analysis intuitive
🔄 Customizable: Multiple MA types and visual themes
📱 Professional: Clean, organized display suitable for all traders
Commodity Channel Index - CCI🎯 Overview
This is an enhanced Commodity Channel Index (CCI) indicator that transforms the traditional CCI into a centerline-focused momentum tool with moving average smoothing and comprehensive visual enhancements. Unlike standard CCI which uses ±100 levels, this version focuses on the 50-level centerline for clearer trend direction signals.
🧩 Core Components
1. ⚙️ Technical Foundation
📊 Primary Calculation: Uses TradingView's built-in ta.cci() function
📈 Statistical Approach: Measures current price relative to statistical mean
🎯 Scale Modification: Focuses on 50 as neutral (unlike traditional ±100)
📏 Default Length: 55 periods (optimal for medium-term trends)
2. 🎛️ Configuration Parameters
📏 CCI Length: Default 55 periods
📈 CCI MA Length: 30-period moving average
🔄 MA Type: 6 options (EMA, SMA, RMA, WMA, VWMA, HMA)
🎨 Color Themes: 5 visual schemes matching your other indicators
📈 Signal Interpretation:
🟢 BULLISH: CCI > 50 (price above statistical mean)
🔴 BEARISH: CCI < 50 (price below statistical mean)
👁️ Visual Features
📉 Chart Elements:
📊 Main CCI Line:
Shows raw CCI momentum
📈 Signal Line (CCI MA):
Yellow moving average of CCI
30-period default provides smoothed trend
🎨 Fill Zones:
🟢 Upper Zone : Bullish momentum area
🔴 Lower Zone : Bearish momentum area
📋 Dashboard Display:
Content: "⬆️ Bullish" or "⬇️ Bearish" indicator
Purpose: Instant market bias assessment
⚡ Trading Applications
📈 Primary Uses:
🎯 Trend Direction Identification
CCI > 50 = Uptrend momentum
CCI < 50 = Downtrend momentum
📊 Extreme Momentum Detection
CCI > 100 = Strong bullish (traditional)
CCI < -100 = Strong bearish (traditional)
CCI near ±300 = Extreme conditions
🔄 Mean Reversion Opportunities
Useful in ranging markets
🎯 Signal Types:
📈 Trend-Following: Stay long when CCI > 50, short when < 50
🔄 Mean Reversion: Fade extreme readings (>100 or <-100)
⚡ Crossover Signals: CCI crossing 50 provides entry/exit points
🎨 Customization Options
🔄 Moving Average Types:
📉 EMA: Exponential - responsive to recent CCI changes
📊 SMA: Simple - smooths CCI equally
📈 RMA: Relative - TradingView's special MA
⚖️ WMA: Weighted - emphasizes recent CCI values
💎 VWMA: Volume-weighted - incorporates volume indirectly
🚀 HMA: Hull - reduces lag on CCI signals
🎨 Visual Themes: (Consistent with your suite)
🎨 Classic: Green/Red (traditional)
🚀 Modern: Cyan/Purple (contemporary)
💪 Robust: Amber/Deep Purple (high contrast)
🌈 Accented: Purple/Magenta (vibrant)
⚫⚪ Monochrome: Light Gray/Dark Gray (minimalist)
🔔 Alert System
🟢 LONG Alert: Triggers when CCI > 50
🔴 SHORT Alert: Triggers when CCI < 50
📧 Format: Includes ticker symbol for portfolio tracking
⚡ Key Advantages
✅ Strengths:
🎯 Clear Centerline Focus: 50-level provides unambiguous trend direction
📊 Statistical Foundation: Based on mean deviation (more robust than simple oscillators)
👁️ Extreme Zone Visualization: ±300 boundaries show momentum extremes
🔄 Versatile Application: Works for both trend-following and mean reversion
📱 Professional Suite: Consistent design with your RSI and SMI indicators
⚡ Optimal Settings:
📈 Trending Markets: 55-period CCI (default)
🔄 Ranging Markets: Shorter periods (20-30)
📊 Volatile Markets: Longer periods (80-100)
📱 Day Trading: 20-period with EMA smoothing
🏆 Unique Features:
Statistical Rigor: Based on mean deviation (not just price differences)
Wide Range: ±300 scale captures extreme movements
Centerline Focus: Clear binary trend signals
Visual Harmony: Consistent with your indicator suite design
This CCI indicator provides a statistically robust approach to trend identification while maintaining the visual consistency and user-friendly design of your trading suite! 📊✨
Relative Strength Index - RSI🎯 Overview
This is an enhanced Relative Strength Index (RSI) indicator for TradingView that combines traditional RSI analysis with a moving average overlay to generate more reliable trading signals ⚡
🧩 Core Components
1. ⚙️ Indicator Settings
2. 🎛️ Input Parameters
A. 🎨 Color Settings:
5 different color themes: 🎨 Classic, 🚀 Modern, 💪 Robust, 🌈 Accented, ⚫⚪ Monochrome
Each theme provides distinct bullish/bearish color pairs
B. 📊 RSI Configuration:
📏 Length: Default 14 periods
📈 Source: Default close price (customizable)
📊 RSI MA Length: Default 365 periods
🔄 RSI MA Type: 6 options (EMA, SMA, RMA, WMA, VWMA, HMA)
C. 📢 Signal Display:
✅ Toggle for Bull/Bear crossover signals
📋 Table display showing current market bias
3. 🧮 Technical Calculations
A. 📈 RSI Calculation:
Standard RSI formula using ta.rsi()
Configurable source and period length
B. 📊 RSI Moving Average:
Customizable MA type applied to the RSI values
Serves as a dynamic signal line
Default 365-period EMA smooths long-term trends
C. 🔔 Signal Detection:
🟢 isBull_RSI: RSI > RSI_MA (bullish condition)
🔴 isBear_RSI: RSI < RSI_MA (bearish condition)
🟢 Bull: Crossover signal (RSI crosses above MA)
🔴 Bear: Crossunder signal (RSI crosses below MA)
4. 👁️ Visual Elements
A. 📉 Main Plots:
📊 RSI Line: Thick line (width 3) colored conditionally based on position relative to its MA
📈 RSI MA Line: Yellow line showing the smoothed RSI
🎯 50-Level Line: Dashed white reference line
B. 🎨 Fill Areas:
🟢 Overbought Zone : Filled between RSI and MA
🔴 Oversold Zone : Filled between RSI and MA
Colors vary based on selected theme
C. 🌈 Background Highlights:
Subtle background coloring on bullish/bearish crossover signals
D. 📋 Table Display:
Shows "⬆️ Bullish" or "⬇️ Bearish" with appropriate coloring
5. 🔔 Alert System
🟢 LONG Alert: Triggers when RSI > RSI_MA
🔴 SHORT Alert: Triggers when RSI < RSI_MA
Includes ticker symbol in alert message
🏁 Trading Logic
🎯 Primary Signals:
🟢 Bullish Setup:
📈 RSI crosses above its moving average
📊 RSI remains above MA (continuous bullish condition)
🎨 Visual: Green/theme bull colors, bullish fill areas
🔴 Bearish Setup:
📉 RSI crosses below its moving average
📊 RSI remains below MA (continuous bearish condition)
🎨 Visual: Red/theme bear colors, bearish fill areas
✨ Key Features:
📊 Trend Filter: The RSI MA (365-period) acts as a long-term trend filter
⚡ Momentum + Trend: Combines momentum (RSI) with trend (MA) for higher probability signals
👁️ Visual Clarity: Color-coded elements make market state immediately apparent
🛠️ Customizability: Multiple MA types and color schemes adapt to different trading styles
💻 Code Structure
The script is well-organized with clear sections:
🔧 MA function definition
⚙️ Input settings
🧮 Calculations
🎨 Color definitions
📊 Plotting
📋 Table display
🔔 Alert conditions
🎯 Best Use Cases
📈 Trend Following: In trending markets, signals align with the overall direction
🔄 Mean Reversion: In ranging markets, oversold/overbought fills indicate potential reversals
⏰ Multi-Timeframe Analysis: Works well on daily/weekly charts for long-term positioning
✅ Signal Confirmation: Can be combined with other indicators for entry/exit confirmation
🏆 Unique Advantages
🎯 Reduced Whipsaws: Long MA period (365) filters out noise
👁️ Clear Visual Hierarchy: Multiple visual layers convey information efficiently
💼 Professional Presentation: Clean, organized display suitable for sharing
🛠️ Flexible Configuration: Adaptable to different assets and timeframes
[TL5 Shahnaz] %R + RSI Heatmap + ALMAThis indicator is a multi-layer momentum and trend confirmation tool designed for discretionary traders. It blends Williams %R, RSI-based market bias, and an ALMA moving-average stack to help identify momentum shifts, trend strength, and exhaustion zones.
The script does not repaint and works on all markets and timeframes.
🔹 Components
1️⃣ Williams %R (Momentum Core)
Measures short-term momentum and overbought/oversold conditions
Key zones:
Above −40 → bullish momentum
Below −60 → bearish momentum
Line color adapts to momentum strength and direction
2️⃣ RSI Heatmap (Market Bias)
Background color reflects RSI strength or weakness
Green shades indicate bullish pressure
Red shades indicate bearish pressure
Neutral tones suggest consolidation or transition
Helps visually confirm momentum context without extra plots
3️⃣ ALMA Trend Stack (Trend Direction & Slope)
Uses multiple ALMA (Arnaud Legoux Moving Average) periods
Smooth, low-lag trend representation
Slope label on the latest bar shows short-term trend acceleration
Useful as dynamic support/resistance and trend filter
🧠 How to Use
Look for %R momentum alignment with RSI heatmap bias
Use ALMA direction and slope to confirm trend continuation
Best used for:
Trend confirmation
Momentum timing
Trade management and filtering
Works well with price action and higher-timeframe bias
⚠️ Important Notes
This indicator does not generate buy/sell signals
Designed for confirmation, not standalone trading
Always use proper risk management
Suitable for stocks, crypto, forex, and indices
CopyPipe Signal Connector🚀 Turn TradingView Alerts into Automatic MetaTrader Trades
Stop copy-pasting signals. This indicator generates **webhook-ready alerts** that execute directly on your MT4 or MT5 — hands-free.
---
### 🎯 How It Works
1. **Add this indicator** to any chart
2. **Set your webhook URL** (from CopyPipe.io) in the alert
3. **Conditions trigger → Trade executes** on MetaTrader automatically
Your TradingView does the analysis. Your MetaTrader does the execution. You do... whatever you want.
---
### 📊 Built-In Strategies
Choose from 4 ready-to-use strategies:
- **RSI Reversal** — Classic oversold/overbought entries
- **EMA Cross** — Trend-following momentum plays
- **Breakout** — Catch support/resistance breaks
- **Custom** — RSI + EMA confluence for filtered entries
Or use this as a **template** and add your own logic.
---
### ⚙️ Features
✅ Webhook-formatted alerts (JSON ready)
✅ Customizable lot size
✅ Built-in SL/TP calculation
✅ Works on any symbol
✅ Clean visual signals on chart
✅ Info panel with live RSI + signal status
---
### 🔗 Setup with CopyPipe (Free Beta)
1. Sign up at **copypipe.io/beta** (free during beta)
2. Download the EA for MT4 or MT5
3. Copy your webhook URL from the dashboard
4. Create an alert on this indicator → paste webhook URL
5. Done. Alerts now auto-trade.
---
### 📝 Alert Message Format
The alerts output clean JSON that CopyPipe understands:
```json
{
"action": "BUY",
"symbol": "BTCUSD",
"lot_size": 0.1,
"sl": 74500,
"tp": 78000
}
```
Works with the free CopyPipe tier. No API coding required.
---
### ⚠️ Risk Disclaimer
This indicator is a **tool**, not financial advice. Backtest thoroughly. Start with small positions. You are responsible for your own trades.
---
### 💬 Feedback Welcome
Drop a comment if you have questions or feature requests. Building this for the community.
**Happy trading!** 🎯
---
CopyPipe Trading Dashboard - Multi-Indicator Signal Panel
🚀 CopyPipe Trading Dashboard
A **free, all-in-one trading dashboard** that displays key indicators and market information in a clean, easy-to-read panel on your chart.
#### ✨ Features:
📊 **Signal Summary Panel**
- Overall market bias (Bullish/Bearish/Neutral)
- Real-time indicator readings
- Current trading session display
- Daily high/low levels
📈 **RSI Analysis**
- Customizable period (default 14)
- Overbought/Oversold detection
- Color-coded status
📉 **MACD Tracking**
- Standard 12/26/9 settings (customizable)
- Bullish/Bearish crossover detection
📏 **Moving Averages**
- Fast & Slow MA with trend detection
- Choose between SMA or EMA
- Visual crossover on chart
🌍 **Trading Sessions**
- London, New York, Asia, Sydney
- Subtle background highlighting
- Know when the big players are active
📐 **Key Levels**
- Previous day's high/low
- Previous close
- Great for support/resistance
#### 🔔 Built-in Alert Templates
This indicator comes with **pre-configured alert conditions** formatted for webhook automation:
- MA Bullish/Bearish Cross
- RSI Overbought/Oversold
- Strong Confluence Signals (multiple indicators aligned)
Alert messages are formatted as **JSON** - perfect for connecting to trading automation platforms.
---
#### ⚡ Want to Auto-Execute These Signals?
**CopyPipe** connects your TradingView alerts directly to MetaTrader 4/5.
✅ Set up alerts on this indicator
✅ Signals execute automatically in MT4/MT5
✅ No coding required
✅ Works with any broker
**Learn more:** copypipe.io
---
#### 📖 How to Use
1. Add the indicator to your chart
2. Customize settings in the indicator panel
3. Position the info panel where you prefer
4. Set up alerts using the built-in conditions
5. (Optional) Connect to CopyPipe for auto-execution
#### ⚙️ Settings
- **Dashboard Settings:** Panel position, size, visibility
- **RSI Settings:** Length, overbought/oversold levels
- **MACD Settings:** Fast, slow, signal periods
- **Moving Averages:** Type (SMA/EMA), lengths
- **Sessions:** Toggle which sessions to highlight
- **Key Levels:** Daily high/low, previous close
- **Colors:** Customize bullish/bearish colors
---
Made with ❤️ by the CopyPipe team
copypipe.io
Dual HTF RSI .88x Nanny v1.0Dual HTF RSI .88x Nanny 🦆🥒
English Description:
The "Nanny" is a professional control tool designed for traders using deep retracement strategies like the .886 Sniper. This indicator monitors two different High-Timeframe (HTF) RSI values simultaneously to protect you from entering trades during high-risk market conditions such as overbought "FOMO" peaks or oversold "Crash" drops.
Why use the Nanny?
Even a perfect technical setup on lower timeframes can fail if the Daily or 4H RSI is at extreme levels. This indicator provides a clear visual safeguard, ensuring you only trade when the overarching market momentum is in a "Safe Zone."
⚠️ IMPORTANT NOTE:
Asset volatility varies significantly between BTC, ETH, and Altcoins.
Optimal RSI thresholds and Timeframes must be determined per asset via backtesting.
Do not rely solely on default values; adjust them according to your specific asset analysis.
🎯 Key Features:
🛡️ Dual HTF Guard: Track two timeframes at once (e.g., 4H and Daily).
📊 Compact UI: Two-column vertical layout designed for maximum readability.
📏 UI Offset: Integrated spacer to prevent overlap with standard chart labels.
🦆/🥒 Visual Feedback: Simple Emoji-based status (Duck = Safe, Cucumber = Risk).
🦆/🥒 Symbolism:
Duck (🦆): RSI is within your safe boundaries.
Cucumber (🥒): Market is either overextended or crashing.
⚙️ Settings:
Fully customizable RSI periods, thresholds, and timeframes. Text size is set to "Normal" for best compatibility across all devices.
🇩🇪 Deutsche Beschreibung:
Die "Nanny" überwacht zwei High-Timeframe (HTF) RSIs gleichzeitig, um dich vor "Crash-Gefahr" oder "FOMO-Fallen" zu schützen. Ideal für Sniper-Strategien.
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🎯 Features:
🛡️ Dual Guard: 2 Zeitrahmen gleichzeitig im Blick.
📊 UI: Platzsparendes 2-Spalten Layout mit Abstand zum oberen Rand.
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Support:
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ICT KillZones + ICT NY Midnight Open "YECHALALE"This powerful indicator combines:
- Asia, London, NY AM, and NY PM sessions with configurable colors and kill zones.
- Automatic alerts when price touches session kill zone highs or lows.
- NY Midnight Open line, drawn both vertically and horizontally, DST-adjusted to always align with 00:00 New York time.
- Ideal for traders following ICT/Smart Money Concepts, spotting liquidity sweeps, session overlaps, and potential reversal zones.
- Fully customizable to match your trading style.
MTF StochRSI Confluence + Box (1m/3m/9m signals, +1H/3H display)This indicator is a multi-timeframe Stochastic RSI confluence tool designed to help identify high-probability BUY and SELL zones using short-term momentum alignment, while also providing higher-timeframe context at a glance.
Multi-timeframe StochRSI confluence indicator that triggers BUY/SELL signals only when 1m, 3m, and 9m align, with 1H and 3H shown for higher-timeframe context at a glance.
Entropy Divergence (No Repaint) [PhenLabs]📊 Entropy Divergence (No Repaint)
Version: PineScript™ v6
📌 Description
The Entropy Divergence Scalper (EDS) is a sophisticated trading indicator that applies information theory to market analysis. By calculating Shannon Entropy on price returns, it identifies periods when market behavior becomes more predictable and orderly—the ideal conditions for divergence-based trading.
Traditional divergence indicators generate signals regardless of market conditions, leading to many false signals during chaotic, high-entropy periods. EDS solves this by acting as an intelligent filter: it only triggers signals when entropy drops below your specified threshold, indicating that the market has entered a more structured, tradeable state.
This indicator is built with a strict non-repainting guarantee. All signals use barstate.isconfirmed and only appear after bar close, giving you reliable signals you can trust for live trading.
🚀 Points of Innovation
Shannon Entropy integration measures market randomness using information theory mathematics
Dual divergence engine detects both RSI and Volume divergences simultaneously
Entropy-filtered signals eliminate noise by only triggering in low-entropy (predictable) market conditions
100% non-repainting architecture ensures all signals are confirmed and historically accurate
Multi-layer confirmation combines entropy state, RSI divergence, and volume divergence for higher probability setups
Dynamic color visualization provides instant visual feedback on current market entropy state
🔧 Core Components
Shannon Entropy Calculator: Bins price returns into histograms and calculates entropy using H(X) = -Σ p(x) × log₂(p(x))
RSI Divergence Detector: Identifies when price makes lower lows while RSI makes higher lows (bullish) or price makes higher highs while RSI makes lower highs (bearish)
Volume Divergence Detector: Spots increasing volume interest at price lows (bullish) or decreasing conviction at price highs (bearish)
Pivot Detection System: Uses configurable lookback periods to identify and track price, RSI, and volume pivots
Signal Classification Engine: Labels signals as RSI, VOL, or RSI+VOL based on which divergences triggered
🔥 Key Features
Entropy Threshold Control: Set your preferred entropy level (default 2.5) to filter out signals during chaotic market periods
Configurable Smoothing: EMA smoothing on entropy values reduces noise while maintaining signal responsiveness
Flexible Pivot Detection: Adjust left/right lookback bars to tune sensitivity for different trading styles
Divergence Search Range: Control how far back the indicator looks for divergence patterns (20-200 bars)
Minimum Pivot Distance: Prevents false signals from pivots that are too close together
Complete Alert System: Four alert conditions for bullish signals, bearish signals, any signal, and low entropy zone entry
🎨 Visualization
Dynamic Entropy Line: Color gradient shifts from green (low entropy/tradeable) to orange (high entropy/chaotic)
Entropy Threshold Line: Dashed reference line shows your configured entropy threshold
Low Entropy Zone Fill: Background highlighting indicates when market is in tradeable low-entropy state
Scaled RSI Plot: RSI overlay scaled to fit the entropy pane for easy correlation analysis
Normalized Volume Bars: Volume displayed as columns normalized against 20-period average
Signal Labels: Clear LONG/SHORT labels with divergence type (RSI, VOL, or RSI+VOL)
Information Table: Real-time display of entropy value, state, RSI, and current signal status
📖 Usage Guidelines
Entropy Lookback Period — Default: 20, Range: 5-100 — Controls how many bars are used for entropy calculation; higher values provide smoother readings but slower response
Histogram Bins — Default: 10, Range: 5-50 — Number of bins for probability distribution; more bins provide finer granularity
Low Entropy Threshold — Default: 2.5, Range: 0.5-4.0 — Signals only trigger when entropy drops below this value; lower settings are more selective
Entropy Smoothing — Default: 3, Range: 1-10 — EMA smoothing applied to raw entropy values for noise reduction
RSI Length — Default: 14, Range: 5-50 — Standard RSI calculation period
Pivot Lookback Left — Default: 5, Range: 2-20 — Bars to the left for pivot detection
Pivot Lookback Right — Default: 2, Range: 1-10 — Bars to the right for pivot confirmation; lower values produce faster signals
Divergence Search Range — Default: 60, Range: 20-200 — Maximum bars to look back for divergence comparison
Min Bars Between Pivots — Default: 5, Range: 3-30 — Minimum distance between pivots for valid divergence detection
✅ Best Use Cases
Scalping during low-volatility consolidation periods when entropy drops and price becomes more predictable
Swing trade entry timing by waiting for divergence signals in low-entropy market conditions
Trend reversal identification when both RSI and Volume divergences align with low entropy readings
Multi-timeframe confirmation by checking entropy state on higher timeframes before taking signals
Filtering existing strategies by adding entropy as a confirmation layer to reduce false signals
⚠️ Limitations
Signals appear with a delay due to pivot confirmation requirements (pivotLookbackRight bars after pivot forms)
May generate fewer signals during strongly trending markets where entropy remains elevated
Entropy threshold requires optimization for different instruments and timeframes
Not designed for high-frequency trading due to bar-close confirmation requirement
Divergences can fail in extremely strong trends where momentum overwhelms the signal
💡 What Makes This Unique
First indicator to combine Shannon Entropy filtering with multi-factor divergence detection
Information theory approach provides mathematical foundation for identifying tradeable market states
Triple confirmation requirement (low entropy + divergence + bar close) significantly reduces false signals
Non-repainting guarantee makes it suitable for strategy backtesting and live trading
Open-source PineScript v6 code allows traders to understand and customize the methodology
🔬 How It Works
Step 1 — Entropy Calculation: The indicator calculates logarithmic returns, bins them into a histogram, and computes Shannon Entropy to measure market randomness
Step 2 — Entropy Filtering: When smoothed entropy drops below the threshold, the market is considered to be in a tradeable low-entropy state
Step 3 — Pivot Detection: The system continuously tracks price, RSI, and volume pivots using configurable lookback parameters
Step 4 — Divergence Analysis: When a new pivot is confirmed, the indicator compares it against previous pivots to detect bullish or bearish divergences
Step 5 — Signal Generation: A final signal only triggers when low entropy conditions coincide with a confirmed divergence pattern on a closed bar
💡 Note:
This indicator is designed for educational purposes and technical analysis. Always use proper risk management and never risk more than you can afford to lose. The non-repainting guarantee means signals will only appear after bar close—watch the indicator in real-time to verify this behavior. For optimal results, consider combining EDS signals with support/resistance levels and overall market context.
bezgincan_the power of3( VVM)Universal Alpha Engine: The Power of 3 (VVM) Description: The market is not just about price. You need to see the "fuel" behind the price. Unlike traditional indicators, Universal Alpha Engine combines three different dimensions in a mathematical synthesis: Momentum: Measures the speed of price change using ROC. Fuel (Volume): Checks whether money is actually flowing in or out through Money Flow Index (MFI) integration.
Pressure (Volatility): The standard deviation coefficient distinguishes whether the movement is "real" or "noise." Unique Features: Volatility Filter: If volatility is low (market is flat), the oscillator narrows, protecting you from false signals. Color-Coded Histogram: You can see not only the direction but also whether the momentum is increasing or decreasing from the color tones.
Alpha Signals: Triangles below the histogram indicate reversal signals in extreme regions. Usage Recommendation: Green triangles below the zero line represent the start of a voluminous and strong recovery. Dark red areas above the 15 level are "fatigue" zones; profit taking may be necessary.
Institutional RSI Decision EngineInstitutional RSI Decision Engine (IRDE)
The Institutional RSI Decision Engine (IRDE) is a decision-support indicator, not a trading strategy and not a signal generator.It is designed to help discretionary traders assess market readiness, pressure dynamics, and contextual alignment before considering execution.This tool does not predict price, place trades, or provide buy/sell signals.
🔍 What IRDE Evaluates
IRDE combines multiple institutional-style filters to classify the quality of the current market environment:
• RSI Pressure Exhaustion
Uses a multi-speed RSI ensemble (5 / 9 / 14) to measure exhaustion strength, not single overbought/oversold signals.
• Pressure State
Identifies whether pressure is BUILDING, FADING, or NEUTRAL to avoid late reactions.
• Trend Context
Validates exhaustion direction using EMA-based structural alignment.
• Institutional Location
Checks proximity to:
Daily High
Daily Low
VWAP using ATR-based tolerance.
• Volatility Regime
Classifies market conditions as ACTIVE, NORMAL, or DEAD using ATR expansion/contraction.
• Higher-Timeframe Confirmation
Re-evaluates the same RSI pressure logic on a user-defined higher timeframe.
🧩 Readiness vs Signals (Important)
IRDE does NOT generate entries.
Instead, it answers questions such as:
Is the market structurally prepared?
Is exhaustion pressure meaningful or weak?
Is price reacting at a relevant location?
Is volatility supportive or suppressive?
READY dots indicate structural preparedness only — not trade entries.
📊 Setup Quality Scoring
IRDE produces a Setup Quality Score (A / B / C) based on:
Pressure strength
Trend alignment
Location validity
HTF alignment
Volatility regime
Pressure behavior (building vs fading)
This score represents contextual quality, not probability.
🖥️ User Interface
The on-chart table provides full transparency, displaying:
RSI pressure and direction
HTF alignment
Volatility regime
Setup grade and score
Reasoning behind the grade
Market readiness state
A compact UI mode is included for cleaner charts.
⚠️ Important Disclaimers
• This is not a trading strategy
• This script does not place trades
• READY conditions are not entry signals
• No indicator guarantees profitability
• Always apply independent risk management
Designed for traders who understand market structure and discretionary execution.
Directional Movement Index - DMIThis Pine Script is a Directional Movement Index (DMI) indicator for TradingView that provides a comprehensive visualization of trend direction and strength with several enhanced visual features.
📊 Core Indicator Components:
1. Directional Indicators:
+DI (Green line): Measures upward trend momentum
-DI (Red line): Measures downward trend momentum
ADX (Blue line, optional): Measures overall trend strength (can be toggled on/off)
2. Key Calculations:
Uses built-in ta.dmi() function to calculate all three components
isBull condition: Determines current bias based on which DI line is higher
Bull signal: When +DI crosses above -DI
Bear signal: When +DI crosses below -DI
🎨 Visual Design Features:
1. Chart Plotting:
Thick lines (width=3) for +DI and -DI for better visibility
Color-coded plots: Green (+DI), Red (-DI), Blue (ADX)
2. Background Highlighting:
Light green background on bullish crossovers
Light red background on bearish crossovers
Uses 60% transparency for subtle visual cues
3. Real-time Status Panel:
Fixed table in the middle-right of the chart
Displays "↑ Bullish" (green) or "↓ Bearish" (red) in huge text
Updates on every bar to show current market bias
4. Line Labels:
Text labels at the right edge identifying each line
Color-matched to their respective indicators
ADX label only appears when ADX is enabled
⚙️ User Controls:
ADX toggle: Show/hide the ADX line
DI Length: Adjust calculation period (default 17)
ADX Smoothing: Fine-tune ADX smoothing (default 1)
📈 Trading Application:
Trend Identification: Which direction has stronger momentum
Signal Generation: Crossovers indicate potential trend changes
Trend Strength: ADX (when shown) indicates if a trend is strong (>25) or weak
Visual Clarity: Multiple visual cues make signals easy to spot
🖥️ Display Logic:
The script intelligently handles what to display based on user settings
When ADX is disabled, it plots na (not available) to avoid scale distortion
All visual elements update dynamically with each new bar
🎯 Unique Aspects:
Multi-layered visualization: Combines lines, background colors, labels, and a status table
Clean separation: Uses box-drawing characters to organize code sections
Right-edge labeling: Makes indicator identification clear even on crowded charts
Immediate bias recognition: The large text table provides instant market bias assessment
This indicator is particularly useful for traders who want a clear, visually rich representation of trend direction without needing to interpret multiple lines simultaneously. The color-coded background and status panel provide quick visual confirmation of market conditions.
CMO Checklist (MHM)CMO Checklist is a manual trading checklist indicator designed to help traders
confirm market conditions step by step.
This tool is fully manual and does NOT generate signals.
It is intended for discretionary traders who follow structured setups
such as ICT / CMO-style execution models.
Features:
• Clean and compact checklist table
• Manual check / uncheck via inputs
• Fixed position (top-right)
• No repaint
• Pine Script v6 compatible
This indicator does not generate trading signals.
It is a visual checklist only.
• Manual
• Checklist
• No signals
• Educational / Trading tool
GCM Apex Predator AlgoTitle: GCM Apex Predator Algo
Overview
The GCM Apex Predator is a high-performance, multi-engine trading system designed for traders who demand precision and clarity. Whether you are a fast-paced scalper or a patient swing trader, this algorithm adapts to market conditions using a sophisticated "Apex Score" momentum engine combined with institutional-grade volume and trend filters.
Key Features
• Triple Engine Logic: Switch seamlessly between Scalper Mode (Fast), Trend Mode (Swing), or a Hybrid setup that captures both micro-moves and macro-trends.
• Apex Score Momentum: A proprietary loop-based engine that calculates the "persistence" of price action. It filters out "fake" moves by ensuring momentum is backed by structural strength.
• Institutional Filters: Includes built-in ADX Trend Power and Relative Volume filters to keep you out of "chop" and only in high-probability trades.
• Dynamic Risk Management: Automatically calculates and draws Entry, Stop Loss (SL), and Take Profit (TP) zones using ATR-based volatility, giving you a professional "desk" feel.
• Corporate Dashboard: A real-time HUD (Heads-Up Display) that monitors Trend Bias, ADX Power, Apex Momentum, and VWAP positioning at a glance.
How to Use
1. Select Your Mode: Use the "Scalper Mode" for lower timeframes (1m, 5m) or "Trend Mode" for higher timeframes (1h, 4h).
2. The "Sniper" Signal: Look for the Gold Circle symbols. These represent "Sniper" entries where all engines (Trend, Volume, and Apex) align for a high-conviction move.
3. Market Structure: Pay attention to the dashed reversal lines. These project potential structural shifts based on fast-reversal HMA logic.
Alerts
This indicator is fully optimized for Any alert() function call. You can set one single alert to receive detailed notifications like:
• 🎯 SNIPER LONG: BTCUSD @ 65000
• ⚡ SCALP BUY: EURUSD @ 1.0850
Disclaimer
Trading involves significant risk. This tool is for educational and technical analysis purposes. Past performance does not guarantee future results.
MACD RSI EMA AGGRESSIVE + ATR SLTPThis indicator is designed for aggressive scalping and intraday trading, especially on crypto futures.
It combines:
- MACD crossover for momentum direction
- RSI filter to avoid weak signals
- EMA trend filter to follow market bias
- Volume confirmation to reduce false signals
- ATR-based SL/TP visualization for risk management
The script provides clear BUY and SELL alerts that can be used across multiple symbols and timeframes.
Best used on lower timeframes (1m–5m) with proper risk management.
Directional Movement Index (DMI)This Pine Script is a Directional Movement Index (DMI) indicator for TradingView that provides a comprehensive visualization of trend direction and strength with several enhanced visual features.
📊 Core Indicator Components:
1. Directional Indicators:
+DI (Green line): Measures upward trend momentum
-DI (Red line): Measures downward trend momentum
ADX (Blue line, optional): Measures overall trend strength (can be toggled on/off)
2. Key Calculations:
Uses built-in ta.dmi() function to calculate all three components
isBull condition: Determines current bias based on which DI line is higher
Bull signal: When +DI crosses above -DI
Bear signal: When +DI crosses below -DI
🎨 Visual Design Features:
1. Chart Plotting:
Thick lines (width=3) for +DI and -DI for better visibility
Color-coded plots: Green (+DI), Red (-DI), Blue (ADX)
2. Background Highlighting:
Light green background on bullish crossovers
Light red background on bearish crossovers
Uses 60% transparency for subtle visual cues
3. Real-time Status Panel:
Fixed table in the middle-right of the chart
Displays "↑ Bullish" (green) or "↓ Bearish" (red) in huge text
Updates on every bar to show current market bias
4. Line Labels:
Text labels at the right edge identifying each line
Color-matched to their respective indicators
ADX label only appears when ADX is enabled
⚙️ User Controls:
ADX toggle: Show/hide the ADX line
DI Length: Adjust calculation period (default 17)
ADX Smoothing: Fine-tune ADX smoothing (default 1)
📈 Trading Application:
Trend Identification: Which direction has stronger momentum
Signal Generation: Crossovers indicate potential trend changes
Trend Strength: ADX (when shown) indicates if a trend is strong (>25) or weak
Visual Clarity: Multiple visual cues make signals easy to spot
🖥️ Display Logic:
The script intelligently handles what to display based on user settings
When ADX is disabled, it plots na (not available) to avoid scale distortion
All visual elements update dynamically with each new bar
🎯 Unique Aspects:
Multi-layered visualization: Combines lines, background colors, labels, and a status table
Clean separation: Uses box-drawing characters to organize code sections
Right-edge labeling: Makes indicator identification clear even on crowded charts
Immediate bias recognition: The large text table provides instant market bias assessment
This indicator is particularly useful for traders who want a clear, visually rich representation of trend direction without needing to interpret multiple lines simultaneously. The color-coded background and status panel provide quick visual confirmation of market conditions.
Range Volatility Oscillator [Session Adjusted]Description
This open-source indicator calculates a volatility oscillator based purely on price range expansion/contraction (High − Low), making it especially suitable for instruments with well-defined trading sessions (FTSEMIB, DAX, ES, NQ, forex majors during London/NY overlap, etc.).
Instead of using price returns or close-based volatility, it compares short-term and long-term simple moving averages of the daily range, then expresses the relative difference as a percentage oscillator — similar in spirit to a MACD-style momentum readout, but applied to volatility itself.
Core Concept
Fast SMA(range, fast × candles_per_session)
Slow SMA(range, slow × candles_per_session)
Oscillator = 100 × (Fast / Slow − 1)
Positive values → recent ranges are expanding compared to the longer-term average (rising volatility / potential trend acceleration or breakout environment).
Negative values → ranges are contracting (falling volatility / potential consolidation or mean-reversion setup).
Zero line acts as the neutral pivot between expanding vs contracting regimes.
Key Features
- Session-aware calculation — user inputs session duration (default 6.5 h) → automatically estimates how many candles = 1 trading day on the current timeframe
- Works on any timeframe (1 min → daily), including irregular ones
- Optional signal line (SMA of the oscillator) for smoother readings and crossover strategies
- Clean, minimalistic plot with customizable colors
- Zero line always visible (dotted)
Typical Usage Ideas
- Rising oscillator + above zero → increasing volatility → favor momentum / breakout / trend-following strategies
- Falling oscillator / below zero → decreasing volatility → consider mean-reversion, tightening stops, or waiting for compression → expansion setups
- Signal line crossovers — fast line crossing above signal = short-term volatility pickup, crossing below = volatility cooling
- Divergences between price and the oscillator can sometimes highlight weakening trends (classic volatility divergence)
Combine with trend filters (EMA, VWAP, SuperTrend), support/resistance or volume for higher-probability setups.
Recommended Starting Settings
Session Duration: 6.5–8.5 hours (adjust to your market — e.g. 8.5 for many European indices, 6.5 for US regular session).
Fast SMA Length: 5 days
Slow SMA Length: 15 days
Signal-line Length: 3 days (if enabled)
Best results usually appear on intraday timeframes (3 min – 30 min) and on instruments with clear session boundaries and meaningful daily ranges.
Notes / Limitations
- Pure range-based → ignores gaps, overnight moves and volume
- Not normalized to ATR or percentage of price → readings are relative within each instrument
- Very low-liquidity / very small-range instruments may produce noisy output
Released under open source — feel free to modify, combine with other logic or use in strategies.
Feedback and improvements are welcome!
Friendly Stretch Band Regime + Filters (Close Confirm + Hold)What it is
A calm, regime-based stretch band that highlights only three states: BUY zone, SELL zone, and Neutral. Designed to reduce noise and visual overload by avoiding markers, labels, and background tint.
How it works
Bands are built from an EMA basis ± ATR.
BUY Zone: price below lower band (lower band turns green)
SELL Zone: price above upper band (upper band turns red)
Neutral: price inside bands (bands grey)
Stability Options
Confirm on Close: requires CLOSE beyond the band (reduces wick spikes)
Hold Bars: holds zone state for N bars after the trigger ends (reduces flicker)
Optional Filters (applied only if enabled)
Trend filter (basis slope or slow EMA)
ATR expansion gate
Minimum exceed beyond band (ATR units)
Suggested Use
Best used as a clean “location/context” tool on swing timeframes (e.g., 4H). It can be paired with a separate momentum/confirmation tool.
Repainting & Disclaimer
Uses only current and historical bar data (no security() calls). Values may update on the realtime bar before close. Educational use only; not financial advice.
ATR Impulse Reversal Traffic-Light + RSI Overlay (Normalised)ATR Impulse Reversal Traffic-Light + RSI Overlay (Normalised)
Short Title
Impulse TL + RSI (Norm)
Description (use this exactly)
What this indicator does
This indicator is a calm, context-gated reversal oscillator designed to reduce noise and cognitive overload.
It highlights potential reversal conditions only when price is stretched and momentum shows signs of turning.
The goal is not frequent signals, but clear decision states.
How it works (logic overview)
Stretch Band Gate (Location)
Price must be stretched below a lower ATR band (EMA ± ATR). If price is not stretched, the indicator remains neutral.
Oversold Context
ATR-normalised momentum must have reached an oversold condition within a recent lookback window.
Reversal Timing (Momentum)
Momentum is analysed for early turning behaviour and confirmed reversals.
Traffic-Light Colours
Grey → Ignore (no stretch and/or no oversold context)
Red → Stretched + oversold, momentum still falling
Orange → Momentum turning up (early warning)
Green → Reversal confirmed (signal-line cross or zero cross)
An optional GREEN Hold is included to reduce flicker and visual noise.
RSI Overlay
RSI is plotted normalised to the oscillator scale, allowing it to sit directly on top of the impulse bars for visual confluence.
RSI is not used in the traffic-light logic and is purely informational.
Suggested Use
Best suited for 4H swing trading
Use GREEN states when price remains stretched below the band
Can be paired with a higher-timeframe trend filter if desired (not included)
Repainting & Disclaimer
This script uses only current and historical bar data and does not use security().
Values may update on the realtime bar before close, which is normal TradingView behaviour.
This indicator is provided for educational purposes only and is not financial advice.
