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20SMA Reversal - Peak/Trough TrendlinesTitle: 20SMA Reversal with Peak/Trough Trendlines Description (English): This indicator detects pivot points where the 20-period SMA reverses direction (forming a V-shape or an Arch-shape). Upon detection, it automatically identifies the local peak/trough from a lookback period and connects them with an extended trendline if they show a "Lower High" or "Higher Low" pattern. Useful for identifying trend structural changes and potential breakout levels. 概要（日本語）: このインジケーターは、20期間SMAが反転（V字回復や山なり反転）するポイントを検出します。反転確定時に、指定した遡り期間内の高値・安値を自動的に特定し、それらが「高値切り下がり」または「安値切り上がり」の条件を満たす場合に、右側に延長されたトレンドラインを描画します。トレンドの構造変化やブレイクアウトの目安として活用いただけます。
Indicador Pine Script®
por hmp5below
Liquidity Sweep of Candle & Swing @MaxMaserati 3.0MMM Liquidity Sweep Detector for single candle sweep and/or Swing Sweep Identify liquidity sweeps with precision. A sweep occurs when price wicks through a key level (previous candle high/low or swing point) but closes back inside the range - indicating a failed breakout and potential reversal. The set includes: Sweep Low, 50% of wick, TGT level KEY FEATURES: - Two Detection Modes: Track sweeps on previous candle levels OR swing highs/lows (pivot points) - Both Mode: View candle and swing sweeps simultaneously - Visual Clarity: Each sweep displays three extending lines (SWH/SWL, Target, 50% wick), box zone, and swept level with red X marker - Smart Updates: When price creates new sweep levels without hitting targets, the entire sweep structure automatically relocates to the new level - Double-Sided Logic: When both sides are swept on one candle, the indicator intelligently places the sweep on the longest wick side SWEEP DEFINITION: Bullish Sweep: Price wicks BELOW a low but closes ABOVE it (back inside range) Bearish Sweep: Price wicks ABOVE a high but closes BELOW it (back inside range) The indicator only creates sweeps on unviolated levels - levels that haven't been closed through yet. This ensures you're trading genuine liquidity sweeps, not broken levels. CUSTOMIZATION: - Adjustable swing lookback period - Multiple box placement options - Full color and display controls - Invalidation options (Sweep High/Low or 50% Wick) - Statistics panel showing active sweeps and completion rates Perfect for traders using ICT concepts, Smart Money Theory, or institutional order flow analysis. Identify where large players are hunting liquidity before reversing price. ⚠️ DISCLAIMER Educational Tool Only - This indicator is for educational and informational purposes only and does not constitute financial, investment, or trading advice. Risk Warning - Trading involves substantial risk of loss and is not suitable for all investors. Past performance does not guarantee future results. No representation is made that this indicator will achieve profits or prevent losses. User Responsibility - All trading decisions are solely your responsibility. The developer and Max Maserati Model assume no liability for losses incurred from using this indicator. Conduct your own research and consult a qualified financial advisor before making investment decisions. By using this indicator, you acknowledge and agree to these terms.
Indicador Pine Script®
por MaxMaserati
15
Liquidity Sweep Pro [Whale Edition]Liquidity Sweep Pro is a next-generation trading tool that bridges the gap between Smart Money Concepts (SMC) and Quantitative Volume Analysis. Traditional "Liquidity Sweep" indicators often generate false signals by marking every wick crossover as a trade setup. This indicator solves that problem by filtering setups through a Quant VSA Engine. It asks not just "Did price sweep a level?" but "Was there institutional money behind this move?" 🔬 How It Works The indicator operates on three synchronized layers: 1. Market Structure (Liquidity Pools) It automatically identifies key pivot points where retail Stop Losses are likely clustered: Buy Side Liquidity (BSL): Areas above swing highs. Sell Side Liquidity (SSL): Areas below swing lows. 2. The Quant Engine (Whale Detection) Instead of using simple volume averages, we apply statistical modeling to detect anomalies: Log-Normal Z-Score: Normalizes volume data to detect statistically significant outliers (Sigma > 2.5). This adapts to market volatility, filtering out noise. Kaufman Efficiency Ratio (KER): Analyzes the quality of price movement to classify the "Whale" type: ❄️ Absorption (Iceberg): High Volume + Low Price Movement. Signals a potential reversal. 🚀 Propulsion (Drive): High Volume + High Price Efficiency. Signals an aggressive breakout. 3. The Trigger (Smart Entry) A trade signal is generated ONLY when: Price sweeps a liquidity level (wicking below/above). Price closes back within the range. Institutional Activity is confirmed (High Z-Score Volume). Trend (EMA 200) and Momentum (RSI) filters are aligned. 🛡️ Features Intrabar Analysis: Uses request.security_lower_tf to analyze the internal volume delta of the candle for maximum precision. Automated Risk Management: Plots Entry, Take Profit, and Stop Loss levels directly on the chart based on ATR (Average True Range) and your preferred Risk:Reward ratio. Unified Alerts: Includes a single "ANY SWEEP" alert condition, allowing you to monitor both Long and Short setups with just one TradingView alert. Visual Classification: Candles with institutional activity are marked with a 🐋 symbol, even if no sweep occurs, helping you read the narrative. ⚙️ Best Settings & Usage Timeframes: Works best on 15m, 1h, and 4h charts. LTF Interval (Input): This is crucial. If trading on the 1h chart, set LTF to 1 minute. If trading on the 4h chart, set LTF to 5 minutes. Whale Threshold: Default is 2.5 Sigma. Increase to 3.0 for fewer, higher-confidence signals, or decrease to 2.0 for more frequency. ⚠️ Disclaimer This tool is for educational purposes only. It identifies statistical probabilities, not certainties. Always manage your risk and do not rely solely on one indicator.
Indicador Pine Script®
por TheMrD
Multi-Factor Trend Confluence Indicator (PTP V4)Disclaimer: This is a technical analysis tool for educational and informational purposes only. It does not constitute investment advice, financial solicitation, or a recommendation to buy or sell any security or instrument. Trading involves significant risk, and past performance is not indicative of future results. Use at your own risk. KEY Features and Strategic Methodology This is a comprehensive trend and confluence indicator built on multiple factors to identify potential pullbacks within an established trend. • Core Trend Filter: Uses a long-term EMA to confirm the overall market bias. • Fibonacci Pullback Logic: Identifies potential low-risk entry zones by calculating a 61.8% Fibonacci Retracement over a user-defined lookback period. • Multi-Factor Confluence: A signal is generated only when the price touches the Fib zone AND the following factors align (You can edit the script to adjust the confluence conditions.): o RSI is above 50. o Positive DI is above Negative DI (DMI Bullish Crossover). o Price is above the fast EMA. • Consecutive Signal Counter: Includes a unique counter that highlights bars where the confluence conditions have been met for a minimum number of consecutive candles (4 by default), aiding in the validation of strong momentum entries. • Moving Average Visualization: Plots and color-fills 10 WMA, 21 EMA, 42 EMA, and 200 EMA to provide a full market context and visualize momentum shifts. 1. Short-Term Momentum (WMA10 vs. EMA42 Fill) This fill area highlights immediate price acceleration and momentum shifts: • Green Fill (Bullish Momentum): WMA10 > EMA42. • Red Fill (Bearish Momentum): WMA10 < EMA42. 2. Long-Term Market Context (EMA200 vs. EMA42 Fill) This fill area defines the dominant backdrop of the market, essential for strategic positioning: • Green Fill (Bullish Context): EMA200 < EMA42. • Red Fill (Bearish Context): EMA200 > EMA42. EMA200 Line Coloration The EMA200 line color itself also provides a visual cue for the long-term context: • Red Line: When EMA200 > EMA42 (Bearish Context). • Green Line: When EMA200 < EMA42 (Bullish Context). Customization The indicator is highly customizable via the settings menu, allowing users to adjust lengths for EMA, RSI, DMI, Pivot Points, and the specific parameters for the Fibonacci Retracement Strategy (tolerance and candle limits).
Indicador Pine Script®
por pablo.corti
1
Bull & Bear Candle By Background ColorThe essential chart overlay for high-speed momentum confirmation. This professional-grade Pine Script v5 indicator provides instant, unfiltered visual feedback on the market's immediate bias by coloring the chart background based on the short-term relationship between Close and Open. It’s designed to streamline decision-making and enhance trade conviction. Why Traders Use This Tool In dynamic markets, reading momentum rapidly is critical. This indicator removes visual clutter and cognitive lag. Zero-Lag Momentum Filter: Instantly identifies if control belongs to buyers (Close > Open) or sellers (Close < Open). A sustained background color acts as a directional bias filter for all your setups. Trade Confirmation & Conviction: Use the background color as a high-level confluence factor. Only execute Long trades when the background is Bullish and Short trades when it is Bearish. This drastically reduces counter-trend entries. Risk Management Signal: The appearance of the Neutral/Doji Color flags market equilibrium and consolidation, often preceding a critical structural shift. This is your immediate signal to tighten stops or prepare for a potential reversal setup. Dual Confirmation: The script offers a highly requested feature: Bar Coloring layered atop the background to provide a second, granular layer of visual context, making momentum shifts impossible to miss. ⚙️ Key Features & Settings Usage All settings are optimized for clarity, using high transparency to prevent the indicator from obscuring underlying price action or other analytical tools. 🎨 Background Color Settings (Primary) These controls allow you to define the market state you are reading: 1. Background: Bullish Color: Confirms short-term buying pressure (Close > Open). Set a distinct color for confirmed upward momentum. 2. Background: Bearish Color: Confirms short-term selling pressure (Close < Open). Set a high-contrast color for immediate recognition of downward pressure. 3. Background: Neutral/Doji Color: Signals market indecision (Close ≈ Open). Use as a caution flag, highlighting pivot points and ranging periods. ✨ Added Feature: Bar Coloring 4. FEATURE: Enable Bar Coloring: When enabled, the individual candles are colored with a lighter hue matching the background. This provides dual visual confirmation, maximizing impact on lower timeframes where momentum flips quickly. 🧭 How to Achieve Confluence Entry Filter: Wait for the background color to flip to your desired direction, then seek your primary entry signal (e.g., breakout, pullback, or MACD cross). Trade Hold: As long as the background color remains consistent, the short-term momentum is confirmed, justifying the continuation of your trade. Exit Signal: A flip to the Neutral/Doji Color should be treated as a warning shot, signaling a mandatory review of your position and stops. Disclaimer: This indicator is a powerful visual and confirmation tool and does not generate buy/sell signals on its own. It is designed to be used in conjunction with your established trading strategy and comprehensive risk management principles
Indicador Pine Script®
por Fawzi_Najjar
Gold Master Pro Plus ECONOMIC ENHANCED (H1 London v1.1)Overview This indicator provides gold trading signals with integrated economic calendar awareness, specifically optimized for H1 timeframe and London session trading. Methodology The script analyzes multiple technical factors while monitoring economic event risks: Technical Analysis Components: RSI for momentum detection with configurable overbought/oversold levels EMA crossovers (9, 21, 50 periods) for trend direction MACD for momentum confirmation ADX for trend strength measurement Volume analysis for confirmation of price movements Support/resistance detection using pivot points Economic Calendar Integration: Time-based detection of major economic releases (NFP, CPI, FOMC meetings) Volatility assessment during event periods USD stability monitoring through currency pair correlations Automatic cooldown periods after high-impact events Risk Management Features: Multi-timeframe confirmation using daily trends Session-aware scoring (London/NY overlap focus) Quality-tiered signal classification Position size recommendations based on signal strength and risk conditions How to Use Initial Setup: Apply to XAUUSD on H1 timeframe Configure economic settings in the inputs: Enable economic event filter Set ET offset (typically 5 hours for winter, 4 for summer) Select relevant economic events to monitor Signal Interpretation: PLATINUM: All conditions aligned (active session, strong volume, low economic risk, trend confirmation) HIGH: Most factors aligned with moderate risk MEDIUM: Some factors aligned with acceptable risk BLOCKED: High economic risk, cooldown period, or manual block active Dashboard Metrics: Economic risk level indicates current market safety Event status shows timing of economic releases Position size recommends appropriate trade sizing Master score combines all technical and economic factors Configuration Options Economic Settings: Economic impact threshold (30-80) ET offset adjustment for timezone accuracy Cooldown period configuration (2-24 bars) Technical Settings: RSI parameters (length, overbought/oversold levels) Signal thresholds for different quality tiers Session timing bonuses/penalties Risk Management: Multi-timeframe confirmation enable/disable Higher timeframe selection (D, W, 4H, 12H) MTF weight percentage (10-50%) Important Notes Economic event timing is approximate and should be verified with official economic calendars Past performance does not guarantee future results Trading involves substantial risk of loss This tool is for educational purposes and should not be considered financial advice The indicator is designed to assist in identifying potential trading opportunities while managing economic event risks through automated protection mechanisms.
Indicador Pine Script®
por david061270
Volume Exponential Moving Averages (EMA) Description: This script is a simple script that plots a desired exponential moving average of buy and sell volume as a line chart with a tunable smoothing factor. There is a highlight on the plot area of either green or red to denote if the EMA of buy volume or sell volume is of a higher value. This indicator uses basic math of exponential averages and calculates volume using the formulas: "buy volume" = the product of total volume and the "closing price" minus the "low price" divided by "high price" minus the "low price" for a specific candle. Conversely, "sell volume" = the product of "total volume" and the "high price" minus the "close price" divided by "high price" minus the "low price" for a specific candle. Utility: This indicator is an effective way to gauge the acceleration/ deceleration of buyers and sellers in the market and can be used in combination with market structure and important levels to understand if buyers or sellers are taking over at any given time. How to use this indicator: There are two settings for this indicator: 1. The Length of the EMA: The length of the EMA can be adjusted based on your preference for a running number of candles' data. If you are interested to know short term changes in volume (e.g. over the past few candles at a major level) you can adjust this setting lower (~3-9 length). Conversely, if you are interested in volume trends over a greater number of candles you can increase this to your liking. Personal preference : Because I am a short term daytrader/ scalper, I keep this setting at 6 length to see immediate changes in the acceleration or deceleration of buyers/ sellers. 2. The Smoothing Factor: The smoothing factor can be adjusted to further tune the size of trend you are interested in with 1 = No smoothing of the EMA line. Smoothing of the EMA line increases as the value for smoothing increases, resulting in a less volatile, more smooth EMA line. However, the more smooth the line, the less sensitive the EMA will be to immediate changes in volume pace. The less smoothing factor is applied, the more volatile data will be, resulting in quicker observation of shorter term trends. Again the same rules apply as the EMA length as these are similar in function: If you are interested to know short term changes in volume (e.g. over the past few candles at a major level) you can adjust this setting lower (~2-6). Conversely, if you are interested in volume trends over a greater number of candles you can increase this to your liking. Personal preference : Because I am a short term daytrader/ scalper, I keep this setting at 2-4 smoothing factor to see immediate changes in the acceleration or deceleration of buyers/ sellers. You should, of course, play with these settings to your exact preferences based on your trading style. Tips for using this indicator: General Use: When the buy volume EMA is moving up, buyers are increasing the pace of buying and when the buy volume EMA is moving down, buyers are decreasing the pace of buying. Conversely, when the sell volume EMA is moving up, sellers are increasing the pace of selling and when the sell volume EMA is moving down, sellers are decreasing the pace of selling. The overall movement of the stock is relative to the combination of these rates. e.g. If both buyers and sellers are increasing at the same rate (EMAs slopes are roughly equal) there will be not a large change in price. If the slope of the buy volume EMA is greater than the slope of sell volume EMA, the price should move up. Conversely, if the slope of the sell volume EMA is greater than the slope of buy volume EMA, the price should move down. Predicting pullbacks, reversals, and continuations: This indicator allows you to see if buyers or sellers are increasing their pace, even if the stock price is in consolidation. This allows you to predict if out of the consolidation buyers or sellers are likely to win based on the momentum of the volume in consolidation. e.g. If price is in consolidation after an uptrend and the buy volume EMA starts to decrease, this could be a sign that buyers are running out of steam at this price level. Another example, If at a major support the buy volume EMA begins to trend up then buyers are accelerating the pace of buying at this level. EMA crosses: There is something to be said about the point at which the buy volume EMA and sell volume EMA cross. This signifies that at this moment there is a shift in which the acceleration of one party outpaces that of the other and can result in increased speed of the movement of the stock price. Considerations Because volume changes constantly, this indicator is best to identify short term changes in volume that could impact price movements. It is not guaranteed to continue just because buyers or sellers have had a change in pace. Therefore it is advised to use this indicator in combination with significant price levels such as pivot points, or price levels from volume profile tools to identify the price zones where significant volume changes are likely to impact price movements. It is also advised to continue to monitor the changes in pace in buyers and sellers using this volume EMA indicator to determine if a change in pace is short lived or if it will continue for a longer duration. Examples of use: Bullish Reversal: Bearish Continuation: Bearish EMA Crossover: (Settings: Length 6, Smoothing factor 3) Bullish EMA Crossover: (Settings: Length 6, Smoothing factor 4)
Indicador Pine Script®
por not_a_mad_scientist
Daily/Weekly Wick (Shadow) Range📈 Detailed Guide to the Daily/Weekly Wick (Shadow) Range Indicator This indicator is a powerful visualization tool designed to map the key price levels established during the previous trading period (either the previous day or the previous week). Instead of just showing a single line for the high and low, it highlights the entire range of the upper and lower wicks (shadows), representing the "battleground" where buyers and sellers were most active. How It Works The Wick (Shadow) Range indicator fetches the Open, High, Low, and Close data from the last completed daily or weekly candle and projects those levels onto your current chart. This creates two distinct colored zones. Upper Wick (Green Zone): This area spans from the Previous High down to the top of the Previous Candle's Body. It visually represents the territory where sellers successfully pushed the price down from its peak. This entire zone can be considered a resistance area. Lower Wick (Red Zone): This area spans from the bottom of the Previous Candle's Body down to the Previous Low. It shows where buyers stepped in to defend a price level and push it back up. This entire zone can be considered a support area. How to Use It in Your Trading This indicator isn't meant to give direct buy or sell signals on its own. Instead, it provides crucial context about market structure. Here are several ways to incorporate it into your strategy: 1. Identifying Key Support & Resistance This is the indicator's primary function. The most significant levels are: Key Resistance: The top edge of the green zone (the previous period's high). Key Support: The bottom edge of the red zone (the previous period's low). Look for the current price to react when it approaches these boundaries. These are high-probability areas for price to pause or reverse. 2. Watching for Price Rejection (Reversal Trading) The colored zones are perfect for spotting rejection signals. Bearish Rejection 📉: If the current price enters the green zone but fails to stay there, closing back below it (often forming a new wick), it's a strong sign that sellers are still in control at that level. This can be an excellent entry signal for a short position. Bullish Rejection 📈: If the current price dips into the red zone and is quickly bought back up, it shows that buyers are actively defending that area. This can be a great entry signal for a long position. 3. Confirming Breakouts (Trend Trading) The zones also help validate breakouts. Bullish Breakout: If the price pushes decisively through the entire green zone and closes above the previous high, it signals that the previous resistance has been broken and the trend may continue upward. Bearish Breakdown: If the price falls decisively through the entire red zone and closes below the previous low, it confirms that support has failed and the price may continue downward. 4. Setting Context with Timeframes Weekly Setting: Use the "Weekly" option to identify major, significant support and resistance levels that can influence the market for the entire week. These are powerful levels for swing trading. Daily Setting: Use the "Daily" option for intraday trading. The previous day's high and low are critical pivot points that many day traders watch. ⚙️ Indicator Settings The indicator has one simple setting, which you can access by clicking the gear icon ⚙️ next to its name on the chart. Select Wick Timeframe: This dropdown menu allows you to switch the indicator's calculation between the Daily and Weekly timeframe instantly.
Indicador Pine Script®
por abdulrahmanalrajeh1
RSI HIGHs and LOWs MarkerThis indicator marks significant RSI (14) pivot points directly on the price chart. Red markers above candles highlight confirmed RSI highs where the RSI value exceeded 75 (overbought zone). Green markers below candles highlight confirmed RSI lows where the RSI value dropped below 25 (oversold zone). These signals help traders quickly identify potential reversal zones and overextended market conditions without having to monitor the RSI window separately.
Indicador Pine Script®
por jurleitv
Previous RTH Levels (RTH Only)Previous RTH Levels on current session (RTH Only) This indicator calculates key volume profile levels from the previous Regular Trading Hours (RTH) session and projects them onto the current RTH session. It is designed to provide traders with significant historical price levels—Point of Control (POC), Value Area High (VAH), and Value Area Low (VAL)—to use as potential support, resistance, and pivot points for intraday trading. Instead of just plotting lines, this script highlights the entire Value Area (VA) between the VAH and VAL, offering a clear visual reference for the prior day's zone of price agreement.
Indicador Pine Script®
por Abydnave
All SMAs Bullish/Bearish Screener (Enhanced)All SMAs Bullish/Bearish Screener Enhanced: Uncover High-Conviction Trend Alignments with Confidence Description: Are you ready to elevate your trading from mere guesswork to precise, data-driven decisions? The "All SMAs Bullish/Bearish Screener Enhanced" is not just another indicator; it's a sophisticated, yet user-friendly, trend-following powerhouse designed to cut through market noise and pinpoint high-probability trading opportunities. Built on the foundational strength of comprehensive Moving Average confluence and fortified with critical confirmation signals from Momentum, Volume, and Relative Strength, this script empowers you to identify truly robust trends and manage your trades with unparalleled clarity. The Power of Multi-Factor Confluence: Beyond Simple Averages In the unpredictable world of financial markets, true strength or weakness is rarely an isolated event. It's the harmonious alignment of multiple technical factors that signals a high-conviction move. While our original "All SMAs Bullish/Bearish Screener" intelligently identified stocks where price was consistently above or below a full spectrum of Simple Moving Averages (5, 10, 20, 50, 100, 200), this Enhanced version takes it a crucial step further. We've integrated a powerful three-pronged confirmation system to filter out weaker signals and highlight only the most compelling setups: Momentum (Rate of Change - ROC): A strong trend isn't just about price direction; it's about the speed and intensity of that movement. Positive momentum confirms that buyers are still aggressively pushing price higher (for bullish signals), while negative momentum validates selling pressure (for bearish signals). Volume: No trend is truly trustworthy without the backing of smart money. Above-average volume accompanying an "All SMAs" alignment signifies strong institutional participation and conviction behind the move. It separates genuine trend starts from speculative whims. Relative Strength Index (RSI): This versatile oscillator ensures the trend isn't just "there," but that it's developing healthily. We use RSI to confirm a bullish bias (above 50) or a bearish bias (below 50), adding another layer of confidence to the direction. When the price aligns above ALL six critical SMAs, and is simultaneously confirmed by robust positive momentum, healthy volume, and a bullish RSI bias, you have an exceptionally strong "STRONGLY BULLISH" signal. This confluence often precedes sustained upward moves, signaling prime accumulation phases. Conversely, a "STRONGLY BEARISH" signal, where price is below ALL SMAs with negative momentum, confirming volume, and a bearish RSI bias, indicates powerful distribution and potential for significant downside. How to Use This Enhanced Screener: Add to Chart: Go to TradingView's Pine Editor, paste the script, and click "Add to Chart." Customize Parameters: Fine-tune the lengths of your SMAs, RSI, Momentum, and Volume averages via the indicator's settings. Experiment to find what best suits your trading style and the assets you trade. Choose Your Timeframe Wisely: Daily (1D) and 4-Hour (240 min) are highly recommended. These timeframes cut through intraday noise and provide more reliable, actionable signals for swing and position trading. Shorter timeframes (e.g., 15min, 60min) can be used by advanced day traders for very short-term entries, but be aware of increased volatility and noise. Visual Confirmation: Green/Red Triangles: Appear on your chart, indicating confirmed bullish or bearish signals. Background Color: The chart background will subtly turn lime green for "STRONGLY BULLISH" and red for "STRONGLY BEARISH" conditions. On-Chart Status Table: A clear table displays the current signal status ("STRONGLY BULLISH/BEARISH," or "SMAs Mixed") for immediate feedback. Set Up Alerts (Your Primary Screener Tool): This is the game-changer! Create custom alerts on TradingView based on the "Confirmed Bullish Trade" and "Confirmed Bearish Trade" conditions. Receive instant notifications (email, pop-up, mobile) for any stock in your watchlist that meets these stringent criteria. This allows you to scan the entire market effortlessly and act decisively. Strategic Stop-Loss Placement: The Trader's Lifeline Even the most robust signals can fail. Protecting your capital is paramount. For this trend-following strategy, your stop-loss should be placed where the underlying trend structure is broken. For a "STRONGLY BULLISH" Trade: Place your stop-loss just below the most recent significant swing low (higher low). This is the last point where buyers stepped in to support the price. If price breaks below this, your bullish thesis is invalidated. For a "STRONGLY BEARISH" Trade: Place your stop-loss just above the most recent significant swing high (lower high). If price breaks above this, your bearish thesis is invalidated. Alternatively, consider placing your stop-loss just below the 20-period SMA (for bullish trades) or above the 20-period SMA (for bearish trades). A significant close beyond this intermediate-term average often indicates a critical shift in momentum. Always ensure your chosen stop-loss adheres to your pre-defined risk per trade (e.g., 1-2% of capital). Disciplined Profit Booking: Maximizing Gains Just as important as knowing when you're wrong is knowing when to take profits. Trailing Stop-Loss: As your trade moves into profit, trail your stop-loss upwards (for longs) or downwards (for shorts). You can trail it using: Previous Swing Lows/Highs: Move your stop to just below each new higher low (for longs) or just above each new lower high (for shorts). A Moving Average (e.g., 10-period or 20-period SMA): If price closes below your chosen trailing SMA, exit. This allows you to ride the trend while protecting accumulated profits. Target Levels: Identify potential resistance levels (for longs) or support levels (for shorts) using pivot points, previous highs/lows, or Fibonacci extensions. Consider taking partial profits at these levels and letting the rest run with a trailing stop. Loss of Confluence: If the "STRONGLY BULLISH/BEARISH" condition ceases to be met (e.g., RSI crosses below 50, or volume drops significantly), this can be a signal to reduce or exit your position, even if your stop-loss hasn't been hit. The "All SMAs Bullish/Bearish Screener Enhanced" is your comprehensive partner in navigating the markets. By combining robust trend identification with critical confirmation signals and disciplined risk management, you're equipped to make smarter, more confident trading decisions. Add it to your favorites and unlock a new level of precision in your trading journey! #PineScript #TradingView #SMA #MovingAverage #TrendFollowing #StockScreener #TechnicalAnalysis #Bullish #Bearish #QQQ #Momentum #Volume #RSI #SPY #TradingStrategy #Enhanced #Signals #Analysis #DayTrading #SwingTrading
Indicador Pine Script®
por appzandgame
LaCrazy Smash CandleLaCrazy Smash Candle highlights powerful engulfing candles that signal potential momentum reversals or breakout continuation. Smash Long: The candle's low touches or dips below the prior candle's low, then closes above the previous high with a strong body (minimum % of the candle range). Smash Short: The candle's high touches or exceeds the prior high, then closes below the previous low with a strong body. These “Smash” moves often occur at key pivot points, signaling decisive rejections or trend continuation. Customize the body strength filter to match your strategy needs.
Indicador Pine Script®
por lacaze1102
RSI of RSI Deviation (RoRD)RSI of RSI Deviation (RoRD) - Advanced Momentum Acceleration Analysis What is RSI of RSI Deviation (RoRD)? RSI of RSI Deviation (RoRD) is a insightful momentum indicator that transcends traditional oscillator analysis by measuring the acceleration of momentum through sophisticated mathematical layering. By calculating RSI on RSI itself (RSI²) and applying advanced statistical deviation analysis with T3 smoothing, RoRD reveals hidden market dynamics that single-layer indicators miss entirely. This isn't just another RSI variant—it's a complete reimagining of how we measure and visualize momentum dynamics. Where traditional RSI shows momentum, RoRD shows momentum's rate of change . Where others show static overbought/oversold levels, RoRD reveals statistically significant deviations unique to each market's character. Theoretical Foundation - The Mathematics of Momentum Acceleration 1. RSI² (RSI of RSI) - The Core Innovation Traditional RSI measures price momentum. RoRD goes deeper: Primary RSI (RSI₁) : Standard RSI calculation on price Secondary RSI (RSI²) : RSI calculated on RSI₁ values This creates a "momentum of momentum" indicator that leads price action Mathematical Expression: RSI₁ = 100 - (100 / (1 + RS₁)) RSI² = 100 - (100 / (1 + RS₂)) Where RS₂ = Average Gain of RSI₁ / Average Loss of RSI₁ 2. T3 Smoothing - Lag-Free Response The T3 Moving Average, developed by Tim Tillson, provides: Superior smoothing with minimal lag Adaptive response through volume factor (vFactor) Noise reduction while preserving signal integrity T3 Formula: T3 = c1×e6 + c2×e5 + c3×e4 + c4×e3 Where e1...e6 are cascaded EMAs and c1...c4 are volume-factor-based coefficients 3. Statistical Z-Score Deviation RoRD employs dual-layer Z-score normalization : Initial Z-Score : (RSI² - SMA) / StDev Final Z-Score : Z-score of the Z-score for refined extremity detection This identifies statistically rare events relative to recent market behavior 4. Multi-Timeframe Confluence Compares current timeframe Z-score with higher timeframe (HTF) Provides directional confirmation across time horizons Filters false signals through timeframe alignment Why RoRD is Different & More Sophisticated Beyond Traditional Indicators: Acceleration vs. Velocity : While RSI measures momentum (velocity), RoRD measures momentum's rate of change (acceleration) Adaptive Thresholds : Z-score analysis adapts to market conditions rather than using fixed 70/30 levels Statistical Significance : Signals are based on mathematical rarity, not arbitrary levels Leading Indicator : RSI² often turns before price, providing earlier signals Reduced Whipsaws : T3 smoothing eliminates noise while maintaining responsiveness Unique Signal Generation: Quantum Orbs : Multi-layered visual signals for statistically extreme events Divergence Detection : Automated identification of price/momentum divergences Regime Backgrounds : Visual market state classification (Bullish/Bearish/Neutral) Particle Effects : Dynamic visualization of momentum energy Visual Design & Interpretation Guide Color Coding System: Yellow (#e1ff00) : Neutral/balanced momentum state Red (#ff0000) : Overbought/extreme bullish acceleration Green (#2fff00) : Oversold/extreme bearish acceleration Orange : Z-score visualization Blue : HTF Z-score comparison Main Visual Elements: RSI² Line with Glow Effect Multi-layer glow creates depth and emphasis Color dynamically shifts based on momentum state Line thickness indicates signal strength Quantum Signal Orbs Green Orbs Below : Statistically rare oversold conditions Red Orbs Above : Statistically rare overbought conditions Multiple layers indicate signal strength Only appear at Z-score extremes for high-conviction signals Divergence Markers Green Circles : Bullish divergence detected Red Circles : Bearish divergence detected Plotted at pivot points for precision Background Regimes Green Background : Bullish momentum regime Grey Background : Bearish momentum regime Blue Background : Neutral/transitioning regime Particle Effects Density indicates momentum energy Color matches current RSI² state Provides dynamic market "feel" Dashboard Metrics - Deep Dive RSI² ANALYSIS Section: RSI² Value (0-100) Current smoothed RSI of RSI reading >70 : Strong bullish acceleration <30 : Strong bearish acceleration ~50 : Neutral momentum state RSI¹ Value Traditional RSI for reference Compare with RSI² for acceleration/deceleration insights Z-Score Status 🔥 EXTREME HIGH : Z > threshold, statistically rare bullish ❄️ EXTREME LOW : Z < threshold, statistically rare bearish 📈 HIGH/📉 LOW : Elevated but not extreme ➡️ NEUTRAL : Normal statistical range MOMENTUM Section: Velocity Indicator ▲▲▲ : Strong positive acceleration ▼▼▼ : Strong negative acceleration Shows rate of change in RSI² Strength Bar ██████░░░░ : Visual power gauge Filled bars indicate momentum strength Based on deviation from center line SIGNALS Section: Divergence Status 🟢 BULLISH DIV : Price making lows, RSI² making highs 🔴 BEARISH DIV : Price making highs, RSI² making lows ⚪ NO DIVERGENCE : No divergence detected HTF Comparison 🔥 HTF EXTREME : Higher timeframe confirms extremity 📊 HTF NORMAL : Higher timeframe is neutral Critical for multi-timeframe confirmation Trading Application & Strategy Signal Hierarchy (Highest to Lowest Priority): Quantum Orb + HTF Alignment + Divergence Highest conviction reversal signal Z-score extreme + timeframe confluence + divergence Quantum Orb + HTF Alignment Strong reversal signal Wait for price confirmation Divergence + Regime Change Medium-term reversal signal Monitor for orb confirmation Threshold Crosses Traditional overbought/oversold Use as alert, not entry Entry Strategies: For Reversals: Wait for Quantum Orb signal Confirm with HTF Z-score direction Enter on price structure break Stop beyond recent extreme For Continuations: Trade with regime background color Use RSI² pullbacks to center line Avoid signals against HTF trend For Scalping: Focus on Z-score extremes Quick entries on orb signals Exit at center line cross Risk Management: Reduce position size when signals conflict with HTF Avoid trades during regime transitions (blue background) Tighten stops after divergence completion Scale out at statistical mean reversion Development & Uniqueness RoRD represents months of research into momentum dynamics and statistical analysis. Unlike indicators that simply combine existing tools, RoRD introduces several genuine innovations : True RSI² Implementation : Not a smoothed RSI, but actual RSI calculated on RSI values Dual Z-Score Normalization : Unique approach to finding statistical extremes T3 Integration : First RSI² implementation with T3 smoothing for optimal lag reduction Quantum Orb Visualization : Revolutionary signal display method Dynamic Regime Detection : Automatic market state classification Statistical Adaptability : Thresholds adapt to market volatility This indicator was built from first principles, with each component carefully selected for its mathematical properties and practical trading utility. The result is a professional-grade tool that provides insights unavailable through traditional momentum analysis. Best Practices & Tips Start with default settings - they're optimized for most markets Always check HTF alignment before taking signals Use divergences as early warning , orbs as confirmation Respect regime backgrounds - trade with them, not against Combine with price action - RoRD shows when, price shows where Adjust Z-score thresholds based on market volatility Monitor dashboard metrics for complete market context Conclusion RoRD isn't just another indicator—it's a complete momentum analysis system that reveals market dynamics invisible to traditional tools. By combining momentum acceleration, statistical analysis, and multi-timeframe confluence with intuitive visualization, RoRD provides traders with a sophisticated edge in any market condition. Whether you're scalping rapid reversals or positioning for major trend changes, RoRD's unique approach to momentum analysis will transform how you see and trade market dynamics. See momentum's future. Trade with statistical edge. Trade with insight. Trade with anticipation. — Dskyz, for DAFE Trading Systems
Indicador Pine Script®
por DskyzInvestments
4
ES OHLC BASED ON 9:301. RTH Price Levels YC (Yesterday's Close): Previous day's RTH closing price at 4:00 PM ET 0DTE-O (Today's Open): Current day's RTH opening price at 9:30 AM ET T-E-M (Today's Europe-Asia Midpoint): Midpoint of overnight session high/low T-E-R (Today's Europe-Asia Resistance): Overnight session high T-E-S (Today's Europe-Asia Support): Overnight session low Y-T-M (Yesterday-Today Midpoint): Midpoint between YC and 0DTE-O 2. Previous Bar Percentage Levels Displays 50% retracement level for all bars Shows 70% level for bullish bars (close > open) Shows 30% level for bearish bars (close < open) Lines automatically update with each new bar 3. Custom Support/Resistance Lines Up to 4 customizable horizontal levels (2 resistance, 2 support) Useful for marking key psychological levels or pivot points 4. VIX-Based Options Strategy Suggestions Real-time VIX value display Time Zone Handling The indicator is configured for Central Time (CT) as Pine Script's default: RTH Open: 8:30 AM CT (9:30 AM ET) RTH Close: 3:00 PM CT (4:00 PM ET) Overnight session: 7:00 PM CT to 8:30 AM CT next day Usage Notes Chart Requirement: This indicator only works on 5-minute timeframe charts Auto-refresh: All lines and labels automatically refresh at each new trading day's RTH open 24-hour Market: Designed for ES futures which trade nearly 24 hours Visual Clarity: Different line styles and colors for easy identification Ideal For Day traders focusing on ES futures 0DTE options traders needing key reference levels Traders using overnight gaps and previous day's levels Those incorporating VIX-based strategies in their trading
Indicador Pine Script®
por PPros
muraThis indicator is based on moving averages over a certain period using Fibonacci numbers. Pivot points are provided for active trading, which help to trade from the levels. The indicator takes into account the trend direction, identifies key levels and possible targets. You can also easily set up notifications for trend changes and receive them in the tradingview app or as an audio signal on your computer. This will help you not to miss anything in the market. The moving averages with a uniquely recognized trend. 6 moving averages create 3 important trends. The first trend is local from your time frame, the second is global from your time frame and the third trend is predicated for tracking the global trend on an older time frame. I have identified ways to trade my indicator: - On a 4-hour time frame you can open trades in one direction with a change in the global trend. That is, if the red trend changes to green, it is time to open longs and vice versa. - The global trend works best when paired with the local trend. That is, if the global trend is green, we wait until the local trend becomes green and then open longs, as well as in the opposite direction. - Opening positions when the local trend changes towards the global trend also works well on a 12 hour time frame. This indicator can be used on any timeframes from 1 minute to 1 year. You can also select levels for trading: - intraday - intra-week - within a month Note: - Before you start trading, I strongly recommend you to do your own analysis on your own time frame or pairs - Recommended for use with additional technical analysis tools
Indicador Pine Script®
por charyyevn
1
Stochastic Fusion Elite [trade_lexx]📈 Stochastic Fusion Elite is your reliable trading assistant! 📊 What is Stochastic Fusion Elite ? Stochastic Fusion Elite is a trading indicator based on a stochastic oscillator. It analyzes the rate of price change and generates buy or sell signals based on various technical analysis methods. 💡 The main components of the indicator 📊 Stochastic oscillator (K and D) Stochastic shows the position of the current price relative to the price range for a certain period. Values above 80 indicate overbought (an early sale is possible), and values below 20 indicate oversold (an early purchase is possible). 📈 Moving Averages (MA) The indicator uses 10 different types of moving averages to smooth stochastic lines.: - SMA: Simple moving average - EMA: Exponential moving average - WMA: Weighted moving average - HMA: Moving Average Scale - KAMA: Kaufman Adaptive Moving Average - VWMA: Volume-weighted moving average - ALMA: Arnaud Legoux Moving Average - TEMA: Triple exponential moving average - ZLEMA: zero delay exponential moving average - DEMA: Double exponential moving average The choice of the type of moving average affects the speed of the indicator's response to market changes. 🎯 Bollinger Bands (BB) Bands around the moving average that widen and narrow depending on volatility. They help determine when the stochastic is out of the normal range. 🔄 Divergences Divergences show discrepancies between price and stochastic: - Bullish divergence: price is falling and stochastic is rising — an upward reversal is possible - Bearish divergence: the price is rising, and stochastic is falling — a downward reversal is possible 🔍 Indicator signals 1️⃣ KD signals (K and D stochastic lines) - Buy signal: - What happens: the %K line crosses the %D line from bottom to top - What does it look like: a green triangle with the label "KD" under the chart and the label "Buy" below the bar - What does this mean: the price is gaining an upward momentum, growth is possible - Sell signal: - What happens: the %K line crosses the %D line from top to bottom - What it looks like: a red triangle with the label "KD" above the chart and the label "Sell" above the bar - What does this mean: the price is losing its upward momentum, possibly falling 2️⃣ Moving Average Signals (MA) - Buy Signal: - What happens: stochastic crosses the moving average from bottom to top - What it looks like: a green triangle with the label "MA" under the chart and the label "Buy" below the bar - What does this mean: stochastic is starting to accelerate upward, price growth is possible - Sell signal: - What happens: stochastic crosses the moving average from top to bottom - What it looks like: a red triangle with the label "MA" above the chart and the label "Sell" above the bar - What does this mean: stochastic is starting to accelerate downwards, a price drop is possible 3️⃣ Bollinger Band Signals (BB) - Buy signal: - What happens: stochastic crosses the lower Bollinger band from bottom to top - What it looks like: a green triangle with the label "BB" under the chart and the label "Buy" below the bar - What does this mean: stochastic was too low and is now starting to recover - Sell signal: - What happens: Stochastic crosses the upper Bollinger band from top to bottom - What it looks like: a red triangle with a "BB" label above the chart and a "Sell" label above the bar - What does this mean: stochastic was too high and is now starting to decline 4️⃣ Divergence Signals (Div) - Buy Signal (Bullish Divergence): - What's happening: the price is falling, and stochastic is forming higher lows - What it looks like: a green triangle with a "Div" label under the chart and a "Buy" label below the bar - What does this mean: despite the falling price, the momentum is already changing in an upward direction - Sell signal (bearish divergence): - What's going on: the price is rising, and stochastic is forming lower highs - What it looks like: a red triangle with a "Div" label above the chart and a "Sell" label above the bar - What does this mean: despite the price increase, the momentum is already weakening 🛠️ Filters to filter out false signals 1️⃣ Minimum distance between the signals - What it does: sets the minimum number of candles between signals - Why it is needed: prevents signals from being too frequent during strong market fluctuations - How to set it up: Set the number from 0 and above (default: 5) 2️⃣ "Waiting for the opposite signal" mode - What it does: waits for a signal in the opposite direction before generating a new signal - Why you need it: it helps you not to miss important trend reversals - How to set up: just turn the function on or off 3️⃣ Filter by stochastic levels - What it does: generates signals only when the stochastic is in the specified ranges - Why it is needed: it helps to catch the moments when the market is oversold or overbought - How to set up: - For buy signals: set a range for oversold (for example, 1-20) - For sell signals: set a range for overbought (for example, 80-100) 4️⃣ MFI filter - What it does: additionally checks the values of the cash flow index (MFI) - Why it is needed: confirms stochastic signals with cash flow data - How to set it up: - For buy signals: set the range for oversold MFI (for example, 1-25) - For sell signals: set the range for overbought MFI (for example, 75-100) 5️⃣ The RSI filter - What it does: additionally checks the RSI values to confirm the signals - Why it is needed: adds additional confirmation from another popular indicator - How to set up: - For buy signals: set the range for oversold MFI (for example, 1-30) - For sell signals: set the range for overbought MFI (for example, 70-100) 🔄 Signal combination modes 1️⃣ Normal mode - How it works: all signals (KD, MA, BB, Div) work independently of each other - When to use it: for general market analysis or when learning how to work with the indicator 2️⃣ "AND" Mode ("AND Mode") - How it works: the alarm appears only when several conditions are triggered simultaneously - Combination options: - KD+MA: signals from the KD and moving average lines - KD+BB: signals from KD lines and Bollinger bands - KD+Div: signals from the KD and divergence lines - KD+MA+BB: three signals simultaneously - KD+MA+Div: three signals at the same time - KD+BB+Div: three signals at the same time - KD+MA+BB+Div: all four signals at the same time - When to use: for more reliable but rare signals 🔌 Connecting to trading strategies The indicator can be connected to your trading strategies using 6 different channels.: 1. Connector KD signals: connects only the signals from the intersection of lines K and D 2. Connector MA signals: connects only signals from moving averages 3. Connector BB signal: connects only the signals from the Bollinger bands 4. Connector divergence signals: connects only divergence signals 5. Combined Connector: connects any signals 6. Connector for "And" mode: connects only combined signals 🔔 Setting up alerts The indicator can send alerts when alarms appear.: - Alerts for KD: when the %K line crosses the %D line - Alerts for MA: when stochastic crosses the moving average - Alerts for BB: when stochastic crosses the Bollinger bands - Divergence alerts: when a divergence is detected - Combined alerts: for all types of alarms - Alerts for "And" mode: for combined signals 🎭 What does the indicator look like on the chart ? - Main lines K and D: blue and orange lines - Overbought/oversold levels: horizontal lines at levels 20 and 80 - Middle line: dotted line at level 50 - Stochastic Moving Average: yellow line - Bollinger bands: green lines around the moving average - Signals: green and red triangles with corresponding labels 📚 How to start using Stochastic Fusion Elite 1️⃣ Initial setup - Add an indicator to your chart - Select the types of signals you want to use (KD, MA, BB, Div) - Adjust the period and smoothing for the K and D lines 2️⃣ Filter settings - Set the distance between the signals to get rid of unnecessary noise - Adjust stochastic, MFI and RSI levels depending on the volatility of your asset - If you need more reliable signals, turn on the "Waiting for the opposite signal" mode. 3️⃣ Operation mode selection - First, use the standard mode to see all possible signals. - When you get comfortable, try the "And" mode for rarer signals. 4️⃣ Setting up Alerts - Select the types of signals you want to be notified about - Set up alerts for these types of signals 5️⃣ Verification and adaptation - Check the operation of the indicator on historical data - Adjust the parameters for a specific asset - Adapt the settings to your trading style 🌟 Usage examples For trend trading - Use the KD and MA signals in the direction of the main trend - Set the distance between the signals - Set stricter levels for filters For trading in a sideways range - Use BB signals to detect bounces from the range boundaries - Use a stochastic level filter to confirm overbought/oversold conditions - Adjust the Bollinger bands according to the width of the range To determine the pivot points - Pay attention to the divergence signals - Set the distance between the signals - Check the MFI and RSI filters for additional confirmation
Indicador Pine Script®
por trade_lexx
2
Dual Volume Divergence LineDual Volume Divergence Line (DVD/Line) 🔹 Overview The Dual Volume Divergence Line (DVD/Line) is a custom Pine Script™ indicator designed to identify potential trend reversals and continuations by analyzing volume and price divergences. This script is inspired by the original concept of the Dual Volume Divergence Index (DVDI) by DonovanWall and has been modified and enhanced by keremertem. Special thanks to DonovanWall for the original concept. The indicator combines volume-based calculations with price action to generate signals for bullish and bearish divergences, both normal and hidden. Below is a detailed breakdown of its components and functionality. 🔹 Key Features of the DVD/Line Indicator 1. Dual Volume Divergence Calculation: - The indicator calculates two primary volume-based indices: the Positive Volume Index (PVI) and the Negative Volume Index (NVI). - PVI measures the impact of volume on price when the price increases, while NVI measures the impact when the price decreases. - These indices are used to detect divergences between volume and price, which can signal potential reversals or continuations. 2. Customizable Inputs: - DVD Sampling Period: Adjusts the sensitivity of the indicator by controlling the lookback period for calculating the volume-weighted moving averages (VWMA) of PVI and NVI. - Band Width: Defines the range for calculating the upper and lower bands, which act as dynamic support and resistance levels. - Source: Allows users to select the price source (e.g., `hlc3`, `close`, etc.) for calculations. 3. Volume-Weighted Moving Averages (VWMA): - Instead of using traditional moving averages, the script employs VWMA to smooth the PVI and NVI signals. This ensures that the indicator is more responsive to changes in volume. 4. Upper and Lower Bands: - The upper and lower bands are calculated using the Root Mean Square (RMS) of the highest and lowest values of the DVD line over a user-defined period. These bands help identify overbought and oversold conditions. 5. Divergence Detection: - The script identifies four types of divergences: - Normal Bullish Divergence: Occurs when price makes a lower low, but the DVD line makes a higher low. - Hidden Bullish Divergence: Occurs when price makes a higher low, but the DVD line makes a lower low. - Normal Bearish Divergence: Occurs when price makes a higher high, but the DVD line makes a lower high. - Hidden Bearish Divergence: Occurs when price makes a lower high, but the DVD line makes a higher high. - These divergences are visually highlighted on the chart using labels. 6. Customizable Divergence Selection: - Users can choose between two types of divergence calculations: - DVDI: Based on the raw divergence values. - DVD Line: Based on the smoothed DVD line. 7. Visual Enhancements: - The DVD line is plotted with a color-coded scheme: blue when the DVD line is above its signal line (bullish) and pink when it is below (bearish). - The upper and lower bands are displayed as step lines, making it easier to identify key levels. 🔹 How the Indicator Works 1. Volume-Based Calculations: - The script starts by calculating the PVI and NVI based on the selected price source and volume data. - PVI increases when the price rises, while NVI decreases when the price falls. These indices are then smoothed using VWMA to generate signals. 2. DVD Line Calculation: - The DVD line is derived by combining the divergences of PVI and NVI. It is further smoothed using a Weighted Moving Average (WMA) and a linear regression line for trend analysis. 3. Divergence Detection: - The script identifies pivot points in the DVD line and compares them with price action to detect divergences. - Normal divergences indicate potential reversals, while hidden divergences suggest trend continuations. 4. Dynamic Bands: - The upper and lower bands are calculated using RMS, which provides a more accurate representation of volatility compared to standard deviation or fixed-width bands. 5. Labeling: - Divergences are labeled directly on the chart with clear text and color coding: 🟢 Bullish Divergence: Green label with "Bull". 🟩 Bearish Divergence: Red label with "Bear". 🔴 Hidden Bullish Divergence: Lime label with "hid.". 🟧 Hidden Bearish Divergence: Orange label with "hid.". 🔹 Unique Aspects of This Script 1. Volume-Weighted Smoothing: - Unlike traditional divergence indicators that rely on simple moving averages, this script uses VWMA and WMA to ensure that volume plays a significant role in signal generation. 2. Dynamic Bands with RMS: - The use of RMS for calculating bands provides a more adaptive and accurate representation of market conditions, especially in volatile markets. 3. Flexible Divergence Selection: - Users can choose between raw divergence values (DVDI) or smoothed values (DVD Line), allowing for greater customization based on trading style. 4. Comprehensive Divergence Detection: - The script detects both normal and hidden divergences, providing a complete picture of potential trend reversals and continuations. 5. User-Friendly Visuals: - The color-coded DVD line and cross-style bands make it easy to interpret the indicator at a glance. 🔹 How to Use the Indicator 1. Trend Identification: - Use the Middle Band and its color to identify the current trend. A green line suggests bullish momentum, while a red line indicates bearish momentum. Additionally, a bullish momentum may be indicated when the DVD line crosses up, and a bearish momentum may be indicated when it crosses down the Middle Band. 2. Divergence Trading: - Look for divergences between the DVD line and price action. Normal divergences can be used for counter-trend trades, while hidden divergences can confirm trend continuations. 3. Band Breakouts: - Monitor the upper and lower bands for potential breakout or reversal signals. A break above the upper band may indicate overbought conditions, while a break below the lower band may suggest oversold conditions. 4. Customization: - Adjust the sampling period and band width to suit different timeframes and trading strategies. Shorter periods are more sensitive, while longer periods provide smoother signals. 🔹 Conclusion The Dual Volume Divergence Line (DVD/Line) is a powerful and versatile indicator that combines volume analysis with price action to generate actionable trading signals. Its unique use of volume-weighted smoothing, dynamic bands, and comprehensive divergence detection sets it apart from traditional divergence indicators. Whether you're a day trader or a long-term investor, this tool can help you identify high-probability trading opportunities with greater accuracy and confidence. 📌 Disclaimer: This script is for educational purposes only and does not constitute financial advice. Always conduct your own analysis before making trading decisions.
Indicador Pine Script®
por keremertem
6
MFI Nexus Pro [trade_lexx]📈 MFI Nexus Pro is your reliable trading assistant! 📊 What is MFI Nexus Pro ? MFI Nexus Pro is a trading indicator that analyzes cash flows in the market. It shows where money is moving — into or out of an asset, and based on this, generates buy or sell signals. 💡 The main components of the indicator 📊 The MFI Cash Flow Index (MFI) shows the strength of cash flow into an asset. Values above 70 indicate overbought (an early sale is possible), and values below 30 indicate oversold (an early purchase is possible). 📈 Moving Averages (MA) The indicator uses 10 different types of moving averages to smooth the MFI line.: - SMA: Simple moving average - EMA: Exponential moving average - WMA: Weighted moving average And other more complex types (HMA, KAMA, VWMA, ALMA, TEMA, ZLEMA, DEMA) The choice of the type of moving average affects the speed of the indicator's response to market changes. 🎯 Bollinger Bands (BB) Bands around the moving average that widen and narrow depending on volatility. They help determine when the MFI is out of the normal range. 🔄 Divergences Divergences show discrepancies between price and MFI: - Bullish divergence: the price is falling and the MFI is rising — an upward reversal is possible - Bearish divergence: the price is rising and the MFI is falling — a downward reversal is possible 🔍 Indicator signals 1️⃣ Moving average signals (MA) Buy signal - What happens: MFI crosses its moving average from bottom to top - What does it look like: the green triangle labeled "MA" under the chart - What does it mean: money begins to actively flow into the asset, price growth is possible Sell signal - What happens: the MFI crosses the moving average from top to bottom - What does it look like: a red triangle with the label "MA" above the chart - What does it mean: money starts to leave the asset, the price may fall 2️⃣ Bollinger Band Signals (BB) Buy signal - What's happening: The MFI crosses the lower Bollinger band from bottom to top - What it looks like: the green triangle marked "BB" - What it means: The MFI was too low and is now starting to recover Sell Signal - What's going on: MFI crosses the upper Bollinger band from top to bottom - What it looks like: a red triangle marked "BB" - What it means: The MFI was too high and is now starting to decline 3️⃣ Divergence Signals (Div) Buy Signal (Bullish Divergence) - What's going on: the price is falling more than the MFI - What it looks like: a green triangle marked "Div" - What it means: despite the fall in price, money is already starting to return to the asset Sell signal (bearish divergence) - What is happening: the price is rising more strongly than the MFI - What does it look like: the red triangle with the label "Div" - What does it mean: despite the price increase, money is already starting to leave the asset 🛠️ Filters to filter out false signals 1️⃣ Minimum distance between the signals - What it does: sets the minimum number of candles between signals - Why it is needed: prevents signals from being too frequent during strong market fluctuations - How to set it up: Set the number from 0 and above (default: 5) 2️⃣ "Waiting for the opposite signal" mode - What it does: waits for a signal in the opposite direction before generating a new signal - Why you need it: it helps you not to miss important trend reversals - How to set up: just turn the function on or off 3️⃣ Filter by MFI levels - What it does: generates signals only when the MFI is in the specified ranges - Why it is needed: it helps to catch the moments when the market is oversold or overbought - How to set up: - For buy signals: set a range for oversold (e.g. 1-30) - For sell signals: set a range for overbought (e.g. 70-100) 4️⃣ The RSI filter - What it does: additionally checks the RSI values to confirm the signals - Why it is needed: adds additional confirmation from another popular indicator - How to set up: Similar to the MFI filter, set ranges for buying and selling 🔄 Signal combination modes 1️⃣ Normal mode ("None") - How it works: all signals (MA, BB, Div) work independently of each other - When to use it: for general market analysis or when learning how to work with the indicator 2️⃣ "And" mode ("MA and BB and Div") - How it works: the alarm appears only when several conditions are triggered simultaneously - Combination options: - MA+BB: signals from the moving average and Bollinger bands - MA+Div: signals from the moving average and divergence - BB+Div: signals from the Bollinger bands and divergence - MA+BB+Div: all three signals simultaneously - When to use: for more reliable but rare signals 3️⃣ "OR" mode ("MA or BB or Div") - How it works: the alarm appears when any of the conditions are triggered - When to use: for frequent signals when you don't want to miss any opportunity. 🔌 Connecting to trading strategies The indicator can be connected to your trading strategies using 5 different channels.: 1. Channel for MA signals: connects only signals from moving averages 2. BB signal channel: connects only the signals from the Bollinger bands 3. Channel for divergence signals: connects only divergence signals 4. Channel for "And" mode: connects only combined signals 5. Channel for "OR" mode: connects signals from any source 🔔 Setting up alerts The indicator can send alerts when alarms appear.: - Alerts for MA: when the MFI crosses the moving average - Alerts for BB: when the MFI crosses the Bollinger bands - Divergence alerts: when a divergence is detected - Combined alerts: for "AND" and "OR" modes 🎭 What does the indicator look like on the chart ? - MFI main line: purple line - Overbought/oversold levels: horizontal lines at levels 30 and 70 - Middle line: dotted line at level 50 - MFI Moving Average: yellow line - Bollinger bands: green lines around the moving average - Signals: green and red triangles with corresponding labels 📚 How to start using MFI Nexus Pro 1️⃣ Initial setup - Add an indicator to your chart - Select the type of moving average and the period (you can leave it as the default) - Activate the desired signal types (MA, BB, Div) 2️⃣ Filter settings - Set the distance between the signals to get rid of unnecessary noise - Adjust the MFI and RSI levels depending on how volatile your asset is - If you need more reliable signals, turn on the "Waiting for the opposite signal" mode. 3️⃣ Operation mode selection - First, use the standard mode to see all possible signals. - When you get comfortable, try the "And" mode for more reliable signals. - For active trading, you can use the "OR" mode 4️⃣ Setting up Alerts - Select the types of signals you want to be notified about - Set up alerts for "AND" or "OR" modes if you use them 5️⃣ Verification and adaptation - Check the operation of the indicator on historical data - Adjust the parameters for a specific asset - Adapt the settings to your trading style 🌟 Usage examples For trend trading - Use MA signals in the direction of the main trend - Turn on the "Waiting for the opposite signal" mode - Set stricter levels for filters For trading in a sideways range - Use BB signals to detect bounces from the range boundaries - Use the MFI level filter to confirm overbought/oversold conditions - Adjust the Bollinger bands according to the width of the range To determine the pivot points - Pay attention to the divergence signals - Use the "And" mode by combining divergences with other signals - Check the RSI filter for additional confirmation
Indicador Pine Script®
por trade_lexx
Volume-Price Divergence RSIUnderstanding the Display Once added, you'll see a new panel below your price chart with: Purple Line: This is the RSI (Relative Strength Index) Red Dashed Line: The overbought threshold (default: 70) Green Dashed Line: The oversold threshold (default: 30) Blue Columns: Volume histogram Dark Blue Line: Volume moving average Trading Signals Look for these markers on the indicator panel: Green Triangle (↑): Buy signal - appears when there's a bullish divergence AND RSI conditions are met (oversold and rising) Red Triangle (↓): Sell signal - appears when there's a bearish divergence AND RSI conditions are met (overbought and falling) Lime Diamond (◆): Bullish divergence without RSI confirmation Orange Diamond (◆): Bearish divergence without RSI confirmation What These Signals Mean Buy Signal (Green Triangle): Price is making lower lows BUT volume is making higher lows RSI is in oversold territory (below 30) and starting to rise This suggests potential upward reversal Sell Signal (Red Triangle): Price is making higher highs BUT volume is making lower highs RSI is in overbought territory (above 70) and starting to fall This suggests potential downward reversal Customizing the Indicator To adjust settings: Right-click on the indicator Select "Settings" In the "Inputs" tab, you can modify: RSI Period (default: 14) Volume MA Period (default: 20) Lookback Period for finding pivot points (default: 10) RSI Overbought level (default: 70) RSI Oversold level (default: 30) Setting Alerts To get notified when a signal appears: Right-click on the indicator Select "Add Alert" Choose the condition you want to be alerted for: Buy Signal Sell Signal Bullish Divergence Bearish Divergence Configure notification preferences and save Trading Strategy This indicator is best used: On higher timeframes (4H, Daily) for more reliable signals As confirmation with other indicators or price action At market extremes where divergences are more meaningful With proper risk management (stop losses below recent swing lows for buys, above recent swing highs for sells) Remember that no indicator is 100% accurate. This tool works by identifying situations where price movement isn't confirmed by volume, suggesting a potential reversal, especially when RSI conditions align. Valerio Diotallevi
Indicador Pine Script®
por ValerioDiotallevi19
ST -Dashboard Volume MTF , [Sese04]User Guide: ST - Dashboard Volume MTF Introduction This script displays a multi-timeframe (MTF) volume dashboard, tracking buy and sell volumes and the moving averages of volume. It is designed for traders using ICT (Inner Circle Trader) and SMC (Smart Money Concepts) to quickly visualize market dynamics across multiple timeframes. Settings and Features 📌 User Inputs Customizable settings allow traders to adjust the dashboard display and volume moving averages. Volume Display per Timeframe show_vol_1m: Show volume for 1-minute chart. show_vol_5m: Show volume for 5-minute chart. show_vol_15m: Show volume for 15-minute chart. show_vol_1h: Show volume for 1-hour chart. show_vol_4h: Show volume for 4-hour chart. show_vol_1d: Show volume for 1-day chart. Volume Moving Average Settings ma_length_short: Length of the short-term moving average (default 5 periods). ma_length_long: Length of the long-term moving average (default 14 periods). Dashboard Customization dashboard_position: Dashboard position (Bottom Right, Bottom Left, Top Right, Top Left). text_color: Text color for the dashboard. text_size: Text size (small, normal, large). How the Script Works 🔹 1. Calculating Buy and Sell Volume The calculate_buy_sell function separates buy and sell volume based on the candle's open and close price: If the closing price is higher than the opening price → Buy volume 📈. If the closing price is lower or equal to the opening price → Sell volume 📉. 🔹 2. Retrieving Volume Data Across Multiple Timeframes The function get_volumes collects buy and sell volume data for different timeframes using request.security(). The available timeframes are: 1m, 5m, 15m, 1h, 4h, and 1d. 🔹 3. Calculating Volume Moving Averages The script uses ta.sma() to compute moving averages for volume trends: ma_vol_short: Short-term moving average (e.g., 5 periods). ma_vol_long: Long-term moving average (e.g., 14 periods). 🔹 4. Creating and Displaying the Dashboard A table (table.new()) is generated at the last bar (barstate.islast) to display the volume data: A title “📊 Volume Dashboard (Buy vs Sell)” in purple. Column headers: TIMEFRAME (e.g., 1M, 5M, 15M, 1H, 4H, 1D). BUY VOLUME (dark blue). SELL VOLUME (dark red). Buy and Sell Volume values are displayed in their respective cells for easy reading. How to Use This Script on TradingView? Adding the Script Open TradingView. Go to Pine Editor and paste the script. Click "Add to Chart". Configuring the Settings Open the indicator settings. Enable/disable the desired timeframes. Adjust the moving average lengths if necessary. Interpreting the Data Increasing buy volume across timeframes may indicate bullish momentum. Rising sell volume suggests a bearish reversal. Crossovers of volume moving averages can help detect market shifts. Conclusion This script is a powerful tool for analyzing volume dynamics across multiple timeframes. It provides a quick overview of the balance between buyers and sellers, essential for ICT scalping and liquidity-based trading. 🚀 Pro Tip: Combine this dashboard with other SMC indicators (engulfing candles, pivot points) to refine your trading decisions.
Indicador Pine Script®
por SESE04