Empiece

Ruptura de línea de tendencia

Volume & Trend Reversal Master (NTY88)TradingView Script Description: Volume & Trend Reversal Master with VRP 📊 Overview This advanced multi-timeframe indicator combines comprehensive volume analysis with sophisticated trend detection to provide traders with a complete market perspective. By integrating traditional technical indicators with innovative Volume Range Profile (VRP) analysis, it offers unique insights into market structure and potential reversal points. ✨ Key Features 1. Multi-Timeframe Analysis Flexible Timeframe Selection: Analyze any timeframe from 5-minute to weekly charts Custom Timeframe Support: Enter any TradingView timeframe (5, 15, 60, 240, D, W, etc.) Adaptive Lookback Periods: Automatic adjustment of analysis depth based on selected timeframe 2. Advanced Volume Analysis Real-Time Volume Delta: Calculates buy/sell volume pressure for each bar Volume Range Profile (VRP): Advanced volume distribution analysis across price levels Volume Strength Indicator: Quantifies the relative strength of buying vs selling pressure Accumulation/Distribution Detection: Identifies smart money activity through volume patterns 3. Comprehensive Trend Detection CCI-Based Trend Signals: Uses Commodity Channel Index for primary trend detection Trail Line System: Dynamic support/resistance levels based on historical extremes Multi-Indicator Confirmation: ADX, RSI, and ATR for trend strength validation Volume-Trend Alignment: Confirms price trends with volume flow 4. Integrated Technical Indicators ADX (Average Directional Index): Measures trend strength (Weak/Moderate/Strong/Very Strong) RSI (Relative Strength Index): Identifies overbought/oversold conditions with classification ATR (Average True Range): Volatility measurement with percentage-based classification Volume Ratio Analysis: Buy/Sell volume balance assessment 5. Volume Range Profile (VRP) Integration Zone-Based Analysis: Divides price range into upper/lower zones for volume accumulation Buy/Sell Volume Distribution: Shows where institutional activity is concentrated Visual Zone Markers: Clear price level indicators on the chart VRP Bias Detection: Identifies whether volume accumulation favors bulls or bears 6. Complete Market Scenario Analysis Real-Time Market Classification: Identifies 8 different market conditions (Uptrend, Downtrend, Pausing, Weakening, etc.) Volume Strength Meter: Percentage-based strength indicator with color coding Total Scenario Synthesis: Integrates all indicators into one clear, actionable summary Market Score System: Numerical scoring (-6 to +6) for objective market assessment 7. Professional Visual Interface Customizable Display Table: Adjustable position (8 positions) and size (Tiny to Large) Color-Coded Information: Immediate visual recognition of market conditions Trail Line Plotting: Dynamic support/resistance lines with user-defined colors Clean Chart Integration: Non-intrusive design that complements price action ⚙️ Input Parameters Core Settings CCI Length: Adjust sensitivity of trend detection (default: 80) Trail Line Length: Controls historical lookback for support/resistance (default: 14) CCI Thresholds: Upper/Lower levels for trend confirmation (default: 200/-160) Volume Range Profile Settings Lookback Period: Historical bars for VRP calculation (default: 100) Zone Width: Percentage of price range allocated to volume zones (default: 30%) Bins per Zone: Granularity of volume distribution (default: 10) Visual Options: Toggle midlines, volume labels, and colors Display Customization Table Position: Choose from 8 different screen positions Table Size: 4 size options for optimal visibility Color Schemes: Customize trail line colors for personal preference 📈 Interpretation Guide Total Scenario System The indicator synthesizes all analysis into a Total Scenario with three components: Directional Bias: STRONG BULLISH/BULLISH/MILD BULLISH NEUTRAL MILD BEARISH/BEARISH/STRONG BEARISH Confidence Level: (HIGH CONF) - Multiple confirming signals (MED CONF) - Moderate agreement (LOW CONF) - Mixed signals Market Phase: TRENDING - Clear directional movement RANGING - Sideways consolidation TRANSITION - Changing market conditions Market Score Interpretation +4 to +6: Very Strong Bullish - Consider long positions with high confidence +2 to +3: Strong Bullish - Favorable for long positions +1: Mild Bullish - Consider long with caution 0: Neutral - Wait for clearer signals -1: Mild Bearish - Consider short with caution -2 to -3: Strong Bearish - Favorable for short positions -4 to -6: Very Strong Bearish - Consider short positions with high confidence Volume Analysis Signals Volume Strength > +20%: Strong buying pressure Volume Strength < -20%: Strong selling pressure VRP Bias Bullish: Volume accumulation at support levels VRP Bias Bearish: Volume distribution at resistance levels 🔍 Practical Applications Trend Following Use Trail Line as dynamic support/resistance Confirm trends with Volume Strength and ADX Enter on pullbacks to Trail Line with volume confirmation Reversal Detection Watch for CCI crossovers beyond thresholds Look for volume divergences during trends Monitor VRP Bias shifts between zones Risk Management Use ATR percentage for position sizing RSI extremes for profit targets Volume Strength for exit timing Market Structure Analysis VRP zones identify key support/resistance areas Volume distribution shows institutional interest levels Multiple timeframe analysis for confluence 🛡️ Risk Disclaimer & Best Practices Important Notes Educational Purpose: This tool is designed for market analysis and education No Guarantees: Past performance does not guarantee future results Risk Awareness: Trading involves substantial risk of loss Personal Responsibility: Always conduct your own research and risk assessment Recommended Practices Start Small: Begin with demo accounts or small positions Use Multiple Timeframes: Confirm signals across different time horizons Combine with Price Action: Use indicator signals with candlestick patterns Implement Stop Losses: Always use proper risk management Backtest Strategies: Test approaches in different market conditions Continuous Learning: Keep a trading journal to improve decision-making Limitations to Consider Lagging Nature: Most indicators react to price, not predict it False Signals: No indicator is 100% accurate in all market conditions Market Context: Consider fundamental factors and news events Personal Adaptation: Adjust settings to match your trading style 🎯 Ideal User Profile Intermediate to Advanced Traders: Familiar with technical analysis concepts Multi-Timeframe Analysts: Those who analyze multiple timeframes Volume-Based Traders: Focused on volume-price relationships Risk-Aware Investors: Who use multiple confirmations before trading 📚 Educational Value This indicator serves as an excellent educational tool for: Understanding volume-price relationships Learning about multi-indicator confirmation Studying market structure through VRP Developing disciplined trading routines ⚡ Performance Notes Optimized Calculations: Efficient code for smooth performance Customizable Complexity: Turn features on/off based on your needs Clean Visuals: Non-cluttered display for focused analysis Real-Time Updates: All calculations update with each new bar 🔄 Updates & Support The indicator may receive periodic updates to: Improve calculation accuracy Add new features based on user feedback Optimize performance for better user experience Fix any identified issues 🤝 Community Contribution This script integrates concepts from: Traditional technical analysis Volume profile methodologies Multi-timeframe analysis techniques Risk management principles ⭐ Final Recommendations Paper Trade First: Test strategies without real money Focus on Process: Develop consistent analysis routines Manage Expectations: Understand that losses are part of trading Continuous Improvement: Regularly review and refine your approach Balance Analysis: Combine technical, fundamental, and sentiment analysis Remember: No single indicator can guarantee trading success. This tool is designed to provide additional information and perspective to help you make more informed decisions. Always prioritize risk management and trade within your means. Happy analyzing and trade responsibly! 📈🔍
Indicador Pine Script®
por NTY88
eBacktesting - Learning: Trend LineseBacktesting - Learning: Trend Lines helps you spot clean trend lines automatically, using real swing points (highs/lows) and confirming a line only after it’s “respected” multiple times. What you’ll see on the chart - Uptrend lines (support) when price is making higher lows - Downtrend lines (resistance) when price is making lower highs - A simple way to study structure, spot “respect” of a trend line, and understand when a trend may be weakening - Trend line breaks are based on candle closes, not just quick wicks, so the signals are clearer You can also keep a few older lines on the chart, making it easy to review past reactions and build pattern recognition. These indicators are built to pair perfectly with the eBacktesting extension, where traders can practice these concepts step-by-step. Backtesting concepts visually like this is one of the fastest ways to learn, build confidence, and improve trading performance. Educational use only. Not financial advice.
Indicador Pine Script®
por eBacktesting
Trendline and SR System [BullByte]TRENDLINE AND SR SYSTEM From Manual Drawing to Intelligent Automation ═════════════════════════════════════════════════════════════ OVERVIEW This indicator automates years of manual chart work: detecting trendlines, forming support/resistance zones, tracking zone lifecycles, and scoring touches by quality. Instead of counting touches equally, the system weights them by precision, reaction type and volume so a high-volume wick rejection gets more influence than a low-volume consolidation. The core philosophy is simple: not all touches are equal. A wick rejection at high volume carries more weight than a body consolidation at low volume. A zone that held three times deserves more attention than one that just formed. This indicator captures that nuanced approach through a quality-weighted touch scoring system. ═════════════════════════════════════════════════════════════ THE PROBLEM THIS SOLVES Manual technical analysis presents several challenges: 1. Time Consumption - Drawing and updating trendlines across multiple assets and timeframes is labor-intensive 2. Subjectivity - Two traders often draw different lines on the same chart 3. Inconsistency - Fatigue leads to missed levels or inconsistent criteria 4. Delayed Updates - Manually tracking when zones break, get retested, or flip takes constant attention This system addresses each challenge by applying consistent mathematical criteria to every potential level, updating in real-time, and tracking zone lifecycle automatically. ═════════════════════════════════════════════════════════════ HOW IT WORKS --- TRENDLINE DETECTION --- The system identifies trendlines through a multi-step process: Step 1: Pivot Detection The indicator scans for significant swing highs and swing lows using a sensitivity parameter that automatically scales based on your chart timeframe. Shorter timeframes use faster detection, while daily charts use slower, more significant pivots. Step 2: Line Validation For each pair of pivots, the system calculates: - Slope direction (upward for bullish, downward for bearish) - Current relevance (is the projected line near current price?) - Minimum touch requirements Step 3: Touch Quality Scoring This is where the system differs from simple trendline indicators. Each touch is scored based on: Precision: How close did price get to the line? A touch at the exact line scores 1.0, while a touch at the edge of tolerance scores lower. Reaction Type: The system classifies touches into categories: * Wick Rejection (1.0) - Wick touched but body stayed outside * Body Rejection (0.8) - Body touched but closed with reaction * False Break (1.2) - Price broke through then recovered (strongest signal) * Consolidation (0.5) - Price lingered without clear rejection Volume Weight: When volume integration is enabled, high-volume touches receive a boost (up to 1.5x), while low-volume touches are discounted (down to 0.5x). Step 4: Display Filtering Only trendlines meeting minimum touch count AND minimum average precision are displayed. This eliminates weak, coincidental alignments. --- SUPPORT AND RESISTANCE ZONES --- Zones are detected from pivot points and horizontal level clustering: Pivot-Based Zones: When a significant pivot forms, a zone is created around that price level. Zone height is calculated as an ATR multiple, automatically scaling with volatility. Cluster-Based Zones: The system scans historical bars to find where multiple highs or lows align within tolerance. These horizontal rejection clusters often mark institutional interest levels. Zone Merging: When two zones are within a configurable distance, they merge into one stronger zone rather than cluttering the chart. --- ZONE LIFECYCLE MANAGEMENT --- This is the core innovation. Zones progress through states: ACTIVE: Newly formed zone, not yet validated TESTED: Zone has received 3+ quality touches, proving its relevance BROKEN: Price closed through the zone RETESTED: Price returned to test the broken zone FLIPPED: Former support now acts as resistance (or vice versa) Each state is visually distinct: - Active zones show in standard support/resistance colors - Tested zones show in blue with thicker borders - Broken zones fade to gray - Retested zones show in orange - Flipped zones show in purple Zone Decay: Zones that price ignores gradually lose strength. The decay rate is configurable (default 0.997 per bar). This means a zone loses roughly half its strength after 230 bars of no interaction. This prevents old, irrelevant levels from cluttering your chart. Zone Reactivation: If price returns to a decayed zone, it receives a strength boost, recognizing that the level remains relevant. ═════════════════════════════════════════════════════════════ READING THE VISUAL ELEMENTS --- TRENDLINES --- Label Format: Examples : - B3 = Bullish trendline with 3 touches (active) - B5x = Bullish trendline with 5 touches (broken) - R4 = Bearish/Resistance trendline with 4 touches (active) Line Thickness: - Thin lines = 2-3 touches - Thick lines = 4+ touches (higher significance) Line Style: - Solid = Active trendline - Dotted = Broken trendline --- ZONES --- Label Format : Examples : - S2 = Support zone with 2 touches (active) - S4+ = Support zone with 4 touches (tested/validated) - R3x = Resistance zone with 3 touches (broken) - S5r = Support zone retested after break - R4f = Resistance zone that flipped to support Border Thickness: - Thin border = Standard zone - Thick border = Validated zone (3+ touches or high volume) Zone Colors by State: - Teal/Green shades = Support zones - Red shades = Resistance zones - Blue = Tested/validated zones - Gray = Broken zones - Orange = Retested zones - Purple = Flipped zones --- DAILY AND WEEKLY LEVELS --- PDH = Previous Day High PDL = Previous Day Low PWH = Previous Week High PWL = Previous Week Low HTF R = Higher Timeframe Resistance HTF S = Higher Timeframe Support These levels use dashed lines by default and extend from the period open. --- BREAKOUT MARKERS --- When a trendline breaks, the system places a "BRK" label at the breakout point. Marker Size (when volume integration enabled): - Tiny = Normal volume breakout - Small = Above-average volume breakout - Normal = High volume breakout (1.5x+ average) Recent breakouts show full labels; older breakouts show as dots. ═════════════════════════════════════════════════════════════ THE DASHBOARD EXPLAINED The information panel displays real-time metrics organized in sections: --- TRENDLINES SECTION --- Bull TL: Count of active bullish trendlines Bear TL: Count of active bearish trendlines Near B: Price level of nearest bullish trendline Near R: Price level of nearest bearish trendline --- S/R ZONES SECTION --- Support: Nearest support zone price Resist: Nearest resistance zone price Dist: Percentage distance to each zone Touches: Touch count of nearest zones Quality: Quality score of nearest zones (higher = stronger) --- DAILY LEVELS SECTION --- PDH/PDL: Previous day high and low prices Dist : Percentage distance from current price Green percentage = price is above the level Red percentage = price is below the level --- WEEKLY LEVELS SECTION --- PWH/PWL: Previous week high and low prices Dist: Percentage distance from current price --- ANALYSIS SECTION --- R:R: Risk-to-Reward ratio based on distance to nearest support (risk) and resistance (reward). Ratios of 2:1 or higher show in green. Bias: Market direction assessment based on: - Trendline count comparison - Distance to support vs resistance - Zone quality comparison - Price position relative to 50 SMA Sup Zones / Res Zones: Count of active zones Flipped / Retested: Count of zones in these states Trend: Trend strength based on moving average alignment (Strong Bull to Strong Bear) Volatility: Current ATR relative to 50-period average (High/Normal/Low) Vol Ratio: Current volume relative to 20-period average Vol Wgt: Volume weighting status (ON/OFF) ═════════════════════════════════════════════════════════════ TIMEFRAME ADAPTATION The indicator automatically adjusts its parameters based on your chart timeframe: SCALP MODE (Under 15 minutes) - Faster pivot detection - Tighter zone heights - More responsive to recent price action - Dashboard shows tag INTRADAY MODE (15 minutes to 1 hour) - Standard parameters - Balanced sensitivity - Dashboard shows tag SWING MODE (1 hour to 4 hours) - Slower pivot detection - Wider zone heights - Focus on more significant levels - Dashboard shows tag POSITION MODE (Daily and above) - Slowest detection for major levels only - Widest zones for higher timeframe context - Dashboard shows tag This means you can use the same settings across all timeframes, and the indicator adapts appropriately. ═════════════════════════════════════════════════════════════ SETTINGS GUIDE --- TRENDLINE SETTINGS --- Show Trendlines: Master toggle for all trendline visibility Base Pivot Sensitivity: Controls how many bars the system looks back to identify pivots. Lower values find more pivots; higher values find only significant ones. Default 10 works well for most cases. Minimum Touches: How many touches a trendline needs before displaying. Default 3 filters out weak lines. Minimum Precision Score: Average touch quality required. Range 0.3 to 0.95. Default 0.6 provides good balance. Higher values show only the most precise trendlines. Max Bullish/Bearish Trendlines: Limits how many lines display to prevent clutter. Touch Tolerance ATR Mult: How close price must get to count as a touch, measured in ATR. Default 0.5 ATR works for most markets. Extend Lines Right: Whether trendlines project into the future. --- SUPPORT RESISTANCE SETTINGS --- Show SR Zones: Master toggle for zone visibility Base Zone Detection Length: Pivot lookback for zone creation. Similar to trendline sensitivity. Base Zone Height ATR Mult: How tall zones are, as ATR multiple. Default 0.5 ATR. Increase for volatile markets. Max Support/Resistance Zones: Limits displayed zones. Zone Merge Distance ATR: Zones within this distance combine. Prevents duplicate zones at similar prices. Zone Decay Rate: How quickly ignored zones fade. Default 0.997 means ~50% strength after 230 bars. Lower values mean faster decay. Reactivation Boost: Strength multiplier when price returns to a zone. Default 1.3 (30% boost). Detect Rejection Levels: Enables horizontal cluster detection. Min Rejections for Level: How many aligned highs/lows needed to form a horizontal level. Rejection Lookback Bars: How far back to scan for clusters. Lower values improve performance. --- VOLUME INTEGRATION --- Enable Volume Weighting: When on, volume affects touch quality and breakout significance. High Volume Threshold: Volume ratio above this is considered significant. Default 1.5 (50% above average). Low Volume Threshold: Volume ratio below this is considered weak. Default 0.7 (30% below average). Volume Average Lookback: Bars used for average volume calculation. --- DAILY LEVELS --- Show PDH/PDL: Toggle previous day levels Show Weekly H/L: Toggle previous week levels Line Style: Solid, Dashed, or Dotted --- MULTI-TIMEFRAME --- Show HTF Levels: Toggle higher timeframe reference levels Higher Timeframe: Select the reference timeframe HTF Lookback Period: How many HTF bars to scan for high/low --- LABEL SETTINGS --- Label Mode: - Compact: Shows type, touch count, and status (S3+) - Minimal: Shows type only (S) - None: Hides all labels Hide Labels Beyond ATR Threshold: Reduces label clutter for distant levels Max Labels to Display: Limits total labels to prevent overcrowding --- DASHBOARD --- Show Dashboard: Toggle the information panel Position: Choose corner or center placement Size: Tiny, Small, Normal, or Large text --- THEME --- Color Theme: Choose from Dark, Light, Neon, Classic, or Ocean presets. Each theme adjusts all colors for consistency. --- VISUAL SETTINGS --- Major/Minor Line Width: Thickness for significant vs standard lines Show Breakout Markers: Toggle breakout event labels ═════════════════════════════════════════════════════════════ PRACTICAL USAGE --- FOR TREND FOLLOWING --- Watch for price respecting bullish trendlines in uptrends. Multiple touches with clean rejections indicate strong trend structure. A break below a well-tested trendline (4+ touches, high precision) often signals trend weakness. --- FOR REVERSAL TRADING --- Look for flipped zones (purple). A former resistance that now acts as support represents a genuine shift in market structure. Retested zones (orange) offer potential entry points as price confirms the level. --- FOR BREAKOUT TRADING --- Monitor tested zones (blue, 3+ touches). These validated levels, when broken with high volume (large BRK marker), often lead to significant moves. The R:R ratio in the dashboard helps assess if the breakout offers favorable risk-reward. --- FOR MULTI-TIMEFRAME ANALYSIS --- The HTF levels provide context. When an intraday support zone aligns with a daily support level (HTF S), that confluence adds significance. The dashboard shows distances to help identify these alignments. --- FOR RISK MANAGEMENT --- Use zone levels for stop placement. The dashboard R:R calculation shows reward-to-risk based on distance to nearest zones. Zones with higher quality scores have historically held better. ═════════════════════════════════════════════════════════════ WHAT MAKES THIS ORIGINAL This is not a simple combination of existing indicators. The originality lies in: 1. Quality-Weighted Touch Scoring Most trendline indicators count touches equally. This system scores each touch based on precision, reaction type, and volume, then filters by average quality. This eliminates many false positives that plague simple touch-counting approaches. 2. Zone Lifecycle State Machine Rather than static boxes, zones evolve through states (active, tested, broken, retested, flipped) with distinct visual treatment and strength adjustments. This mirrors how experienced traders mentally track levels. 3. Decay and Reactivation System Zones that price ignores fade naturally, while zones that price returns to strengthen. This creates a self-cleaning chart where only relevant levels remain prominent. 4. Timeframe-Adaptive Parameters Instead of requiring different settings for each timeframe, the system automatically scales its detection parameters. The same configuration works from 1-minute to monthly charts. 5. Volume-Integrated Significance When enabled, volume affects every calculation: touch quality, zone strength, and breakout marker prominence. High-volume events receive appropriate emphasis. 6. Synergistic Component Integration Trendlines, zones, daily levels, and HTF reference work together. The dashboard synthesizes all components into actionable metrics like R:R ratio and market bias. ═════════════════════════════════════════════════════════════ ALERTS AVAILABLE - Bullish Trendline Break: Triggers when price breaks below a bullish trendline - Bearish Trendline Break: Triggers when price breaks above a bearish trendline - Approaching Support: Triggers when price nears a support zone - Approaching Resistance: Triggers when price nears a resistance zone - PDH Test: Triggers when price tests previous day high - PDL Test: Triggers when price tests previous day low - Zone Retest: Triggers when price returns to a broken zone - Zone Flip: Triggers when a broken zone confirms as flipped ═════════════════════════════════════════════════════════════ BACKGROUND COLOR INDICATOR The chart background subtly changes color when price approaches key levels: - Green tint: Price near support zone - Red tint: Price near resistance zone - Yellow tint: Price near both support and resistance (compression) - No color: Price in open space between levels This provides at-a-glance awareness without requiring constant dashboard monitoring. ═════════════════════════════════════════════════════════════ PERFORMANCE NOTES The indicator is optimized for performance through: - Calculation throttling for intensive operations - Capped loop iterations to prevent script timeout - Efficient array management - Sampling techniques for historical scanning If you experience slow loading on very long charts, consider reducing: - Rejection Lookback Bars - Max Zones settings - Disabling Detect Rejection Levels temporarily ═════════════════════════════════════════════════════════════ NON-REPAINTING CONFIRMATION This indicator uses confirmed bar data: - Pivots are detected using historical lookback (not current bar) - Zone states change only on bar close - Trendline breaks are confirmed on bar close - Alerts trigger only after bar confirmation The only real-time updates occur on the current forming bar for visual purposes. All historical drawings remain fixed once their bar closes. ═════════════════════════════════════════════════════════════ DISCLAIMER This indicator is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or trading signals. Trading involves substantial risk of loss. Past performance of any trading system or methodology is not necessarily indicative of future results. You should not trade with money you cannot afford to lose. The author makes no guarantees regarding the accuracy or completeness of any information provided. All trading decisions are your own responsibility. Always conduct your own research and consider consulting with a qualified financial advisor before making any investment decisions. ═════════════════════════════════════════════════════════════ CREDITS AND ACKNOWLEDGMENTS This indicator was developed to solve the manual charting experience, observing how price interacts with technical levels, and translating those observations into systematic rules. Thank you to the TradingView community for the platform and Pine Script language that makes this automation possible. ═════════════════════════════════════════════════════════════ VERSION HISTORY v1.0.0 - Initial Release - Automatic trendline detection with quality-weighted touches - Dynamic support/resistance zones with lifecycle management - Volume integration for touch and breakout significance - Multi-timeframe daily/weekly/HTF levels - Comprehensive dashboard with real-time metrics - Timeframe-adaptive parameter scaling - Multiple theme options - Complete alert system ═════════════════════════════════════════════════════════════
Indicador Pine Script®
por BullByte
Draw Trendline with Breakout by Pooja🌟 Draw Trendline with Breakout by Pooja Draw Trendline with Breakout by Pooja ✨ A smart & clean auto–trendline tool that detects swings, plots dynamic trendlines, and highlights real-time breakouts — designed for intraday, swing & positional traders. Indicator intelligently reads market structure using objective statistical calculations (ATR / Stdev / LinReg) and gives you clarity on trend direction, structural shifts, and breakout opportunities. Works on Stocks • Indian Stock Market • Crypto • Forex • Commodities Suitable for Scalping • Day Trading • Swing Trading 🔥 Key Features 🔹 Auto Trendline Detection Auto-detects swing highs/lows Draws adaptive upper & lower trendlines No manual drawing required 🔹 Dynamic Slope Engine Choose from 3 professional slope methods: 📏 ATR Mode – volatility-adaptive 📊 Stdev Mode – statistical noise filtering 📐 Linear Regression Mode – structural slope mapping 🔹 Real-Time Breakout Signals ⚡ Instant breakout markers (Up/Down) 🔔 Alert support for both breakout types Helps catch trend continuation & reversals early 🔹 Extended Projection Lines ➡️ Projects trendlines forward 🎯 Helps identify possible future reaction zones 🔹 Backpaint Control 🧩 Optional historical offset display Great for forward testing & clean charts 🔹 Flexible Customization Swing length Colors Slope sensitivity Extended line visibility 📈 How to Use Apply indicator Set swing length based on volatility Choose slope mode (ATR/Stdev/LinReg) Observe auto trendlines Watch for breakout markers Set alerts for faster entries Best used together with: 📌 Support & Resistance 📉 Price Action 🧭 Market Structure 🔊 Volume 💡 Why Traders Like It Clean & lag-free structure mapping Zero manual drawing Breakouts are visually clear Works on all assets & timeframes ⚠️ Disclaimer This indicator is a technical analysis tool meant for charting assistance. It does not guarantee profits or predict markets with certainty. Always combine with your own analysis and proper risk management. Past performance ≠ future results.
Indicador Pine Script®
por financegurupooja
QuantRX Trendlines v1QuantRX Trendlines v1 is a visual market structure indicator designed to automatically draw trendlines and channels based on recent swing highs and lows. The tool focuses on clean chart structure by dynamically updating trendlines as price evolves, helping users visualize support, resistance, and directional bias across any market or timeframe. Key characteristics: Automatic detection of swing-based trendlines Optional channel mode with adjustable thickness Wick or body anchoring for different structure interpretations Visual differentiation between active and broken lines Designed to reduce chart clutter and improve readability This indicator is intended as a visual analysis aid only. It does not generate trade signals, predictions, or risk management instructions. Users are encouraged to combine it with their own analysis and decision-making process. ⚠️ Disclaimer This script is provided for educational and visual charting purposes only and does not constitute financial, investment, or trading advice.
Indicador Pine Script®
por QuantRX
QMF- Market Structure & Signal Suite [BullByte]QUANTUM MOMENTUM FUSION - Market Structure and Signal Suite OVERVIEW Quantum Momentum Fusion is a comprehensive market analysis framework built around a multi-dimensional momentum oscillator. This indicator was designed to give traders a complete analytical workspace in a single tool, combining momentum measurement, market structure identification, trendline analysis, divergence detection, and multi-timeframe context into one unified system. The core philosophy behind QMF is that successful trading decisions come from understanding multiple aspects of market behavior simultaneously, not from relying on any single indicator or signal. The oscillator serves as the analytical foundation, and every other component builds upon it to create a complete picture of current market conditions. This description will walk through each component of the indicator, explaining what it measures, why that information matters, and how to interpret what you see on the chart. Whether you are an experienced trader familiar with oscillator analysis or newer to technical indicators, each section aims to make the concepts accessible and practical. THE QUANTUM ENGINE: UNDERSTANDING THE CORE OSCILLATOR (why its original and not a mashup) At the heart of this indicator is the Quantum Momentum Fusion oscillator, displayed in its own pane below the price chart. Unlike traditional oscillators that measure a single aspect of price behavior, the QMF oscillator synthesizes four distinct market dimensions into one unified reading. WHAT IS AN OSCILLATOR For those less familiar with the term, an oscillator is a technical indicator that fluctuates between defined boundaries, typically showing whether an asset is experiencing strong buying pressure, strong selling pressure, or neutral conditions. The QMF oscillator moves between 0 and 100, with 50 representing the neutral midpoint. When the oscillator is high (above 70), it suggests the market has experienced significant upward momentum and may be approaching exhaustion. When low (below 30), it suggests the market has experienced significant downward momentum and may be due for a bounce. The space between these extremes represents normal market fluctuation. THE FOUR DIMENSIONS What makes the QMF oscillator different from standard momentum indicators is that it combines four separate measurements into its calculation. Each dimension captures a different aspect of market behavior: VELOCITY DIMENSION This measures how quickly momentum itself is changing. Think of it like acceleration in a car. Knowing the car is moving forward (direction) is useful, but knowing whether the driver is pressing the accelerator or the brake (acceleration) tells you what is likely to happen next. The velocity dimension calculates the rate of change of the rate of change, providing early warning when momentum is about to shift direction. In practical terms, this can show momentum weakening before price actually reverses. Why it matters: Price can continue in one direction for a while even after the underlying momentum starts to fade. By measuring acceleration, you can identify potential turning points earlier than with simple momentum indicators. How it appears: This dimension is calculated internally and combined with the others. You do not see it separately, but its effect shows in the oscillator responding earlier to momentum shifts. VOLUME DIMENSION This measures price movement weighted by trading volume. A price move accompanied by high volume has different significance than the same price move on low volume. High volume suggests conviction and participation from larger traders. Low volume suggests the move may lack follow-through. The volume dimension multiplies price change by a volume ratio (current volume compared to average volume), giving greater weight to moves that have volume confirmation behind them. Why it matters: Volume often precedes price. Strong volume on a move suggests institutional participation and increases the probability that the move will continue. Weak volume on a move suggests it may be easily reversed. How it appears: Moves with strong volume conviction will push the oscillator more definitively, while low-volume moves will have muted effect on the reading. VOLATILITY DIMENSION This normalizes price movement against the current volatility environment. Markets go through periods of high volatility (large price swings) and low volatility (small price swings). A 1% move during a low volatility period is more significant than a 1% move during a high volatility period. The volatility dimension divides price change by Average True Range (ATR), which measures typical price range. This tells you whether current movement is significant relative to what is normal for this market right now. Why it matters: Without volatility normalization, the oscillator would react the same way to all price moves regardless of context. By adjusting for volatility, the oscillator identifies moves that are genuinely significant versus normal noise within the current regime. How it appears: During quiet markets, smaller price moves can still register as significant if they exceed normal volatility. During volatile markets, the oscillator will not overreact to moves that are within expected range. SESSION DIMENSION This tracks where price is positioned relative to the session Volume Weighted Average Price (VWAP). VWAP represents the average price at which trading has occurred during the session, weighted by volume. Institutional traders often use VWAP as a benchmark for fair value. When price is consistently above VWAP, it suggests buyers are willing to pay above average prices, indicating accumulation. When price is consistently below VWAP, it suggests sellers are accepting below average prices, indicating distribution. Why it matters: VWAP positioning provides insight into whether institutional traders are likely accumulating or distributing. Price repeatedly returning to and bouncing from VWAP can indicate support, while price repeatedly failing at VWAP can indicate resistance. How it appears: The session dimension contributes bullish readings when price maintains above VWAP and bearish readings when price maintains below VWAP. ADAPTIVE WEIGHTING The four dimensions are combined using configurable weights, and the system can operate in Adaptive Mode. When Adaptive Mode is enabled, the indicator automatically adjusts its sensitivity based on the current volatility regime. During high volatility periods, sensitivity increases to capture larger moves. During low volatility periods, sensitivity decreases to filter out noise. This means the oscillator adapts to changing market conditions without requiring manual adjustment. READING THE OSCILLATOR: DISPLAY MODES AND ZONES The QMF oscillator can be displayed in four different visual formats. Each shows the same underlying data but presents it differently based on trader preference. ENERGY CANDLES This mode displays the oscillator as candlestick-style candles. Just as price candles show open, high, low, and close for price, energy candles show these values for the QMF oscillator. Green candles indicate the oscillator closed higher than it opened (bullish momentum). Red candles indicate the oscillator closed lower than it opened (bearish momentum). The body size shows how much the oscillator moved during the period. Larger bodies indicate stronger momentum conviction. This format is useful for traders who are comfortable reading candlestick patterns and want to apply similar visual analysis to the oscillator. QMF LINE This mode displays the oscillator as a traditional line chart with a signal line overlay. The main QMF line shows current momentum. The signal line is a smoothed average of the QMF that helps identify direction changes. When the QMF line is above the signal line, momentum is bullish. When below, momentum is bearish. Crossovers between the two lines can indicate momentum shifts. This format is familiar to traders who use indicators like MACD and prefer clean line-based visualization. IMPULSE BARS This mode displays the oscillator as a histogram centered on the 50 midline. Bars above 50 indicate bullish momentum, bars below 50 indicate bearish momentum. Bar height shows momentum strength. The color intensity changes based on momentum direction. Bars that are increasing in the bullish direction show brighter color. Bars that are decreasing show muted color. This makes it easy to see momentum acceleration and deceleration at a glance. HEIKIN FLOW This mode applies Heikin-Ashi smoothing to the energy candles. Heikin-Ashi is a Japanese technique that averages price data to create smoother trends with fewer reversals. The result is cleaner visual trends that are easier to follow, though with slightly more lag than standard energy candles. This format is useful for identifying sustained momentum moves without getting distracted by minor fluctuations. OSCILLATOR ZONES Regardless of display mode, the oscillator pane includes horizontal reference lines that define important zones: Midline at 50: The neutral point. When the oscillator is above 50, overall momentum is bullish. When below 50, overall momentum is bearish. Overbought level at 70: When the oscillator crosses above this level, the market is showing strong bullish momentum. However, this also means prices have risen significantly and bearish reversal probability increases the longer the oscillator stays elevated. Oversold level at 30: When the oscillator crosses below this level, the market is showing strong bearish momentum. However, this also means prices have fallen significantly and bullish reversal probability increases. Extreme overbought at 85: Maximum bullish exhaustion. At this level, almost all short-term buying pressure has been expended. Reversal probability is high. Extreme oversold at 15: Maximum bearish exhaustion. At this level, almost all short-term selling pressure has been expended. Reversal probability is high. Understanding these zones helps you assess the current market condition before looking at any other indicator components. MARKET STRUCTURE: DYNAMIC SUPPORT AND RESISTANCE The second major component of the indicator is market structure analysis through dynamic support and resistance levels. Unlike price-based support and resistance, these levels are calculated directly on the oscillator. WHAT ARE OSCILLATOR-BASED S/R LEVELS When the QMF oscillator reaches a high point and then reverses lower, that high point becomes a resistance level on the oscillator. When the oscillator reaches a low point and then reverses higher, that low point becomes a support level. These levels represent momentum thresholds that the market has previously found difficult to exceed. They answer the question: At what momentum reading has the oscillator historically reversed? WHY THIS MATTERS Oscillator support and resistance provides different information than price support and resistance. Price S/R tells you where buyers and sellers have previously entered the market. Oscillator S/R tells you what level of momentum the market has been able to sustain. If the oscillator approaches its resistance level, it suggests momentum is reaching the upper bounds of what has been achievable recently. Either momentum will break through (indicating unusually strong conditions) or it will reverse (indicating normal mean reversion). Similarly, if the oscillator approaches support, it suggests momentum is reaching exhaustion levels that have previously triggered bounces. HOW IT APPEARS ON THE CHART Resistance is displayed as a horizontal red line with a RES label on the oscillator pane. Support is displayed as a horizontal cyan line with a SUP label. These lines update dynamically as new pivots form. When the oscillator breaks through these levels, markers appear: R with up arrow: Resistance level broken, indicating unusually strong bullish momentum S with down arrow: Support level broken, indicating unusually strong bearish momentum R with checkmark: Resistance held, price rejected at this level S with checkmark: Support held, price bounced from this level The dashboard also shows current S/R status: whether the oscillator recently broke resistance, broke support, is currently at resistance, is currently at support, or is in clear space between levels. AUTOMATED TRENDLINES: MOMENTUM TREND STRUCTURE The third major component is automated trendline detection on the oscillator. This identifies trending behavior in momentum itself, separate from price trends. WHAT ARE OSCILLATOR TRENDLINES Just as you can draw trendlines on a price chart connecting swing lows (uptrend) or swing highs (downtrend), the indicator draws trendlines on the oscillator connecting pivot points. Support trendlines connect oscillator pivot lows and project forward with a flat or rising slope. These show upward trending momentum where each pullback finds support at a higher level. Resistance trendlines connect oscillator pivot highs and project forward with a flat or falling slope. These show downward trending momentum where each rally faces resistance at a lower level. WHY THIS MATTERS Price trends and momentum trends do not always align. Price can continue making higher highs while momentum makes lower highs, a condition called bearish divergence. Momentum trendlines help visualize this behavior. When momentum is making higher lows (rising support trendline), it suggests underlying strength even if price is consolidating. When momentum is making lower highs (falling resistance trendline), it suggests underlying weakness even if price is holding. Breaks of these trendlines often precede price moves. If a falling momentum resistance trendline breaks upward, it suggests bearish pressure is releasing and bullish momentum may follow. If a rising momentum support trendline breaks downward, it suggests bullish pressure is failing and bearish momentum may follow. HOW IT APPEARS ON THE CHART Support trendlines appear in blue/cyan, resistance trendlines appear in pink/magenta. Lines extend forward from the most recent pivot point to show projected levels. Small circle markers can optionally appear at each pivot point used to construct the trendlines, helping you verify the anchor points. When the oscillator breaks through a trendline, markers appear: TL with up arrow: Resistance trendline broken upward (bullish breakout) TL with down arrow: Support trendline broken downward (bearish breakdown) Trendline strength is calculated based on three factors: how many pivot points validate the line, how recently it formed, and the angle of the slope. Stronger trendlines have more touches, formed recently, and have moderate slopes. You can filter trendlines by strength to show only the most significant ones. Optional trendline zones can display a shaded area around each trendline rather than just a single line, showing a zone of influence rather than a precise level. DIVERGENCE: WHEN PRICE AND MOMENTUM DISAGREE The fourth major component is divergence detection, which identifies discrepancies between price action and oscillator behavior. WHAT IS DIVERGENCE Divergence occurs when price makes a new high or low, but the oscillator fails to confirm it. This disagreement between price and momentum often precedes reversals. There are four types of divergence: REGULAR BULLISH DIVERGENCE Price makes a lower low (new low point below the previous low), but the oscillator makes a higher low (its low point is above its previous low). This suggests that despite price going lower, selling momentum is actually weakening. The implication is that sellers are losing conviction and a bounce or reversal may be approaching. Visual example: Imagine price drops from 100 to 95, bounces to 97, then drops again to 93. At the same time, the oscillator drops to 25, bounces to 35, then drops only to 30. Price made a lower low (93 vs 95) but the oscillator made a higher low (30 vs 25). This is regular bullish divergence. REGULAR BEARISH DIVERGENCE Price makes a higher high (new high point above the previous high), but the oscillator makes a lower high (its high point is below its previous high). This suggests that despite price going higher, buying momentum is actually weakening. The implication is that buyers are losing conviction and a pullback or reversal may be approaching. HIDDEN BULLISH DIVERGENCE Price makes a higher low (its low point is above its previous low), but the oscillator makes a lower low (new low below its previous low). This occurs during uptrends and suggests the trend will continue. Price is holding higher but momentum briefly dipped further, indicating a temporary pullback within a larger uptrend. HIDDEN BEARISH DIVERGENCE Price makes a lower high (its high point is below its previous high), but the oscillator makes a higher high (new high above its previous high). This occurs during downtrends and suggests the trend will continue. Price is staying lower but momentum briefly spiked higher, indicating a temporary bounce within a larger downtrend. Regular divergence suggests reversal. Hidden divergence suggests continuation. HOW IT APPEARS ON THE CHART When divergence is confirmed, labels appear on the oscillator: BULL DIV: Regular bullish divergence confirmed BEAR DIV: Regular bearish divergence confirmed H-BULL: Hidden bullish divergence confirmed H-BEAR: Hidden bearish divergence confirmed Dotted lines connect the pivot points on the oscillator to show the divergence pattern. Regular divergence uses solid colored lines, hidden divergence uses dashed lines. The dashboard shows divergence status in real-time: CHECKING BULL: A potential bullish divergence pattern is forming but not yet confirmed CHECKING BEAR: A potential bearish divergence pattern is forming but not yet confirmed BULL CONFIRMED: Bullish divergence has been validated BEAR CONFIRMED: Bearish divergence has been validated NONE: No divergence currently active Divergence strength is calculated from the magnitude of the oscillator discrepancy. Only divergences meeting the minimum strength threshold are displayed to filter out minor, less significant patterns. FLOW RIBBONS: VISUALIZING MOMENTUM ALIGNMENT The fifth major component is the Flow Ribbon system, which displays multiple moving averages of the QMF oscillator to visualize momentum trend and alignment. WHAT ARE FLOW RIBBONS Flow ribbons consist of three Exponential Moving Averages (EMAs) applied to the QMF oscillator values. Think of them as smoothed versions of the oscillator at different speeds: Fast Ribbon : Responds quickly to momentum changes, showing recent momentum direction Medium Ribbon: Balances responsiveness with smoothness, showing intermediate momentum Slow Ribbon: Moves slowly and shows longer-term momentum context When these three lines are plotted together with filled area between them, they create a visual ribbon that expands and contracts based on momentum conditions. WHY RIBBON ALIGNMENT MATTERS The relationship between these three averages tells you about momentum structure: BULLISH ALIGNMENT (Fast above Medium above Slow) When the ribbons are stacked with fast on top, medium in middle, and slow on bottom, momentum is aligned bullishly across multiple timeframes. Short-term momentum leads, with medium and long-term momentum confirming. This is the strongest bullish configuration. BEARISH ALIGNMENT (Fast below Medium below Slow) When the ribbons are inverted with fast on bottom, medium in middle, and slow on top, momentum is aligned bearishly across multiple timeframes. Short-term momentum leads downward, with medium and long-term momentum confirming. This is the strongest bearish configuration. MIXED/TRANSITIONING When the ribbons are not properly stacked, momentum is in transition. This often occurs during consolidation, trend changes, or choppy conditions. Trading during mixed ribbon states carries higher uncertainty. RIBBON EXPANSION AND CONTRACTION Beyond alignment, the distance between the fast and slow ribbon provides additional information: EXPANDING RIBBON When the gap between fast and slow ribbon is increasing, momentum is accelerating. In a bullish alignment with expansion, upward momentum is strengthening. In a bearish alignment with expansion, downward momentum is strengthening. Expansion confirms trend conviction. CONTRACTING RIBBON When the gap between fast and slow ribbon is decreasing, momentum is decelerating. The current trend may be losing steam. Contraction often precedes consolidation or reversal. It serves as an early warning that the current move may be exhausting. HOW IT APPEARS ON THE CHART The fast ribbon appears as a thicker line, the slow ribbon as a thinner line. The area between them fills with color: Green fill: Bullish ribbon alignment Red fill: Bearish ribbon alignment Gray fill: Neutral or transitioning state The dashboard shows ribbon state as BULL, BEAR, or NEUT, and indicates whether ribbons are expanding (EXP) or contracting (CON). Ribbon crossovers occur when the fast ribbon crosses the slow ribbon, signaling potential momentum shifts. These crossovers are confirmed only after the bar closes to prevent false signals from intrabar movement. REVERSAL CLOUDS: PROBABILITY ZONES The sixth major component is the Reversal Cloud system, which visualizes zones where momentum reversals have elevated probability. WHAT ARE REVERSAL CLOUDS Reversal clouds are shaded areas around the QMF oscillator that indicate probability zones for mean reversion. They answer the question: How far from average has momentum extended, and what is the probability it will revert? When the oscillator moves far from its normal range, it creates stretched conditions. Like a rubber band pulled to its limit, the probability increases that it will snap back toward center. Reversal clouds visualize these stretched conditions. CLOUD CALCULATION METHODS Five different calculation methods are available, each with different characteristics: DYNAMIC BOLLINGER Uses statistical standard deviation to create bands that adapt to oscillator volatility. When the oscillator is volatile, bands widen. When the oscillator is calm, bands narrow. This method identifies moves that are statistically significant relative to recent oscillator behavior. GOLDEN RATIO Applies Fibonacci proportions (0.214 and 0.786) to the oscillator range. These ratios appear throughout nature and markets. Some traders believe these proportions have psychological significance in market behavior. ADAPTIVE HALO Scales cloud width based on price ATR rather than oscillator volatility. This connects cloud width to actual price volatility, making the clouds wider during volatile price action and narrower during calm periods. VOLATILITY SQUEEZE Uses short-term standard deviation to create bands that contract during low volatility and expand during high volatility. This method is particularly useful for identifying potential breakout conditions when volatility is compressed. ICHIMOKU RSI Applies concepts from Ichimoku Kinko Hyo equilibrium theory to create balanced zones. Uses multiple lookback periods to establish equilibrium levels where the oscillator tends to find balance. HOW TO READ THE CLOUDS The oscillator moves through the cloud area as momentum fluctuates: When QMF enters the upper cloud region, it indicates extended bullish momentum. The higher into the cloud, the greater the probability of bearish reversal through mean reversion. When QMF enters the lower cloud region, it indicates extended bearish momentum. The deeper into the cloud, the greater the probability of bullish reversal through mean reversion. Cloud opacity adjusts based on reversal probability. More opaque coloring indicates higher reversal probability. Subtle coloring indicates lower reversal probability. IMPORTANT UNDERSTANDING Clouds show probability zones, not certainty. Price can remain in extreme zones longer than expected, particularly during strong trends. Clouds are most useful when combined with other components like divergence, S/R breaks, and ribbon alignment rather than used in isolation. MULTI-TIMEFRAME ANALYSIS: SEEING THE BIGGER PICTURE The seventh major component is Multi-Timeframe (MTF) analysis, which calculates QMF values across multiple timeframes to assess momentum alignment at different time perspectives. WHY MULTIPLE TIMEFRAMES MATTER The timeframe you trade on shows only one perspective of market momentum. A bullish signal on a 15-minute chart may occur within a larger bearish trend on the 4-hour chart. Understanding momentum context from higher timeframes helps you assess whether you are trading with or against the larger flow. When multiple timeframes align in the same direction, the probability of a successful trade increases. When timeframes conflict, the situation is more uncertain and requires additional caution. HOW MTF ANALYSIS WORKS The indicator calculates the full QMF oscillator independently on four configurable timeframes. By default, these are set to 5-minute, 15-minute, 60-minute (1 hour), and 240-minute (4 hour), but you can configure them to any timeframes that suit your trading style. For each timeframe, the system determines the current momentum bias: OB - Overbought: QMF above 70, indicating extended bullish momentum that may reverse B+ - Strong Bullish: QMF above 55 and above its signal line, indicating solid bullish momentum B - Bullish: QMF above its signal line, indicating mild bullish momentum N - Neutral: QMF near 50 with no clear direction S - Bearish: QMF below its signal line, indicating mild bearish momentum S+ - Strong Bearish: QMF below 45 and below its signal line, indicating solid bearish momentum OS - Oversold: QMF below 30, indicating extended bearish momentum that may reverse ALIGNMENT SCORING The dashboard displays an alignment score showing how many of the four timeframes agree with each directional bias. This appears as a fraction like 3/4 or 2/4. 4/4 Bullish: All four timeframes show bullish readings - maximum bullish alignment 3/4 Bullish: Three timeframes bullish, one diverging - strong bullish alignment 2/4: Split between bullish and bearish - no clear alignment, use caution 3/4 Bearish: Three timeframes bearish, one diverging - strong bearish alignment 4/4 Bearish: All four timeframes show bearish readings - maximum bearish alignment Higher alignment scores indicate more reliable momentum context. Trading with 3/4 or 4/4 alignment in your favor provides better odds than trading against alignment or during mixed conditions. NON-REPAINTING MTF DATA The multi-timeframe data uses proper request.security settings with lookahead disabled and gaps handled correctly. This ensures the MTF readings you see in backtesting match what you would see in real-time trading, with no future data leakage that could create misleading results. LIVE MOMENTUM SCORING: REAL-TIME MARKET ASSESSMENT The eighth major component is the Live Momentum Scoring system, which provides continuous real-time feedback on current market conditions. WHAT IS LIVE MOMENTUM SCORING Unlike signals which only appear when specific patterns complete, live momentum scores update every bar to show the current balance between bullish and bearish factors. This answers the question: Right now, how do the bullish factors compare to the bearish factors? The system evaluates six categories for each direction and adds up points: ZONE POSITION (0-25 points) Rewards positioning in favorable oscillator zones. Deep oversold positioning adds points to the bullish score. Deep overbought positioning adds points to the bearish score. Extreme zones receive maximum points, moderate zones receive partial points, neutral zones receive zero. DIVERGENCE (0-20 points) Rewards active or forming divergence patterns. Confirmed divergence receives full points. Forming (checking) divergence receives partial credit. No divergence receives zero points. TREND ALIGNMENT (0-20 points) Rewards proper EMA stacking and trend MA positioning. Full bullish EMA stack (fast above medium above slow above trend MA) receives maximum bullish points. Partial alignment receives partial points. MOMENTUM DIRECTION (0-15 points) Rewards current momentum direction and acceleration. Accelerating momentum in the favorable direction receives maximum points. Simple directional momentum receives moderate points. Histogram turning (early reversal signs) receives partial points. RIBBON STATE (0-10 points) Rewards proper ribbon alignment and expansion. Aligned and expanding ribbons receive maximum points. Aligned but contracting ribbons receive moderate points. Mixed ribbons receive zero points. MULTI-TIMEFRAME (0-10 points) Rewards higher timeframe alignment. 4/4 alignment receives maximum points, scaling down as alignment decreases. READING THE LIVE SCORES The dashboard displays current scores for both directions: BULL: Shows bullish score as percentage (0-100) and letter grade (A through D) BEAR: Shows bearish score as percentage (0-100) and letter grade (A through D) BIAS: Shows which direction currently dominates (BULL, BEAR, or NEUTRAL if close) Grade thresholds: A Grade: 70% or higher - Strong momentum factors aligned B Grade: 50-69% - Moderate momentum factors present C Grade: 30-49% - Some momentum factors but incomplete D Grade: Below 30% - Weak or missing momentum factors The dominant bias shows which direction currently has stronger factors. When one side leads by more than 10 points, it shows that direction. Otherwise, it shows NEUTRAL indicating balanced or mixed conditions. WHY LIVE SCORING MATTERS Live scores help you understand current market conditions even when no signal has fired. You can see momentum building or fading in real-time. A rising bullish score suggests conditions are improving for potential long opportunities. A rising bearish score suggests conditions are deteriorating. This continuous feedback helps with: - Anticipating potential signals before they fire - Assessing whether to act on signals that do fire - Understanding why a signal did or did not appear - Monitoring open positions for changing conditions THE DASHBOARD: YOUR ANALYSIS CONTROL CENTER The dashboard provides a comprehensive real-time summary of all indicator components in one organized table. It displays on the price chart using force overlay so it remains visible regardless of which pane you are focused on. DASHBOARD LAYOUT The dashboard can be configured in three detail levels: COMPACT MODE Shows only essential information: QMF value, zone status, S/R status, and volume. Uses minimal screen space for traders who want the indicator to remain unobtrusive. STANDARD MODE Shows balanced detail including QMF values, zone status, last signal information, grade statistics, divergence status, S/R and volume status, live momentum scores, and MTF panel. Suitable for most traders. FULL MODE Shows maximum detail including everything in Standard mode plus EMA structure, ribbon state, volatility regime, signal statistics breakdown, and trendline counts. For traders who want complete information access. DASHBOARD ROWS EXPLAINED Row 1 - HEADER Shows indicator name for identification. Row 2 - QMF VALUES Displays three values: - QMF with directional arrow showing current oscillator value and whether it is rising, falling, or unchanged - SIG showing the signal line value - Histogram value with plus or minus sign showing the difference between QMF and signal line Row 3 - PROGRESS BAR Visual representation of oscillator position from 0 to 100 using text characters. Provides quick visual reference without needing to look at the oscillator pane. Row 4 - ZONE STATUS Text classification of current zone with color coding: - EXTREME OB (red): Oscillator at or above extreme overbought level - OVERBOUGHT (light red): Oscillator in overbought zone - BULLISH (light green): Oscillator above 55 but below overbought - NEUTRAL (gray): Oscillator between 45 and 55 - BEARISH (light red): Oscillator below 45 but above oversold - OVERSOLD (light blue): Oscillator in oversold zone - EXTREME OS (blue): Oscillator at or below extreme oversold level Row 5 - LAST SIGNAL (Standard and Full mode) Shows information about the most recent signal: - Direction and grade (LONG A, SHORT B, etc.) - Bars ago since signal fired - Entry price when signal fired - Current profit/loss from that price level This helps track performance of recent signals and manage any open positions based on them. Row 6 - GRADE STATISTICS (Standard and Full mode) Running count of signals generated: - A: Count of Grade A signals - B: Count of Grade B signals - C: Count of Grade C signals - T: Total signal count This provides perspective on signal frequency and grade distribution over the visible chart period. Row 7 - DIVERGENCE STATUS (Standard and Full mode) Current state of divergence detection: - CHECKING BULL: Bullish divergence pattern forming, not yet confirmed - CHECKING BEAR: Bearish divergence pattern forming, not yet confirmed - BULL CONFIRMED: Bullish divergence validated - BEAR CONFIRMED: Bearish divergence validated - NONE: No divergence currently active Row 8 - S/R AND VOLUME Two pieces of information: - S/R status: Shows R BROKEN (resistance broken upward), S BROKEN (support broken downward), AT RES (testing resistance), AT SUP (testing support), or CLEAR (between levels) - Volume status: Shows HIGH (volume 1.5x or more above average), MID (volume near average), or LOW (volume below average) Row 9 - LIVE MOMENTUM (Standard and Full mode) Real-time momentum scoring: - BULL: Bullish percentage and letter grade - BEAR: Bearish percentage and letter grade - Dominant bias indicator Row 10-11 - MTF PANEL (when enabled, Standard and Full mode) Multi-timeframe status: - Top row shows the four timeframe labels - Bottom row shows the status code for each timeframe (OB, B+, B, N, S, S+, OS) - Final cell shows alignment score as X/4 FULL MODE ADDITIONAL ROWS Structure row: Shows EMA stack status (BULL STACK, BEAR STACK, or relationship between fast and slow) and trend MA position (ABOVE MA or BELOW MA) Stats row: Shows count of long signals, short signals, and active trendlines Ribbon row: Shows ribbon state (BULL, BEAR, NEUT), expansion status (EXP or CON), and volatility regime (H-VOL for high volatility, L-VOL for low volatility, N-VOL for normal) DASHBOARD POSITIONING AND SIZING Position options: Top Left, Top Center, Top Right, Middle Left, Middle Right, Bottom Left, Bottom Center, Bottom Right Size options: Tiny (minimal space), Small (balanced), Normal (maximum readability) Choose a position that does not obscure important price action on your chart and a size that balances readability with space efficiency. HOW SIGNALS EMERGE FROM CONFLUENCE After understanding all the individual components, it becomes clear how signals are generated. Signals in QMF are not arbitrary triggers based on single conditions. They emerge when multiple independent factors align to create confluence. THE PATTERN-BASED APPROACH The signal system uses a hierarchical pattern-based approach. Rather than calculating a score from random factors and labeling it, the system actively hunts for specific predefined pattern combinations. The system first checks for Grade A patterns. If none are found, it checks for Grade B patterns. If none are found, it checks for Grade C patterns. Each grade represents specific combinations of factors that must be present together. GRADE A REQUIREMENTS Grade A patterns require multiple strong factors aligned. Examples of Grade A pattern combinations: Pattern A1 - Perfect Storm Reversal: - Extreme zone positioning (deeply oversold or overbought) - Confirmed regular divergence - Structural break (resistance broken or support broken or trendline broken) - Strong volume conviction (1.3x or higher) - High MTF alignment (3 or more timeframes agreeing) Pattern A2 - Breakout Conviction: - Resistance or support broken - Accelerating momentum in the breakout direction - Full EMA stack aligned - Ribbon aligned and expanding - Strong volume conviction (1.4x or higher) - Good MTF alignment (2 or more timeframes) Pattern A3 - Zone Reversal Multi-Confirmation: - Extreme or standard zone positioning - Regular or hidden divergence confirmed - Active bounce from zone - EMA crossover or MA break in reversal direction - Good MTF alignment (2 or more timeframes) - Volume conviction present (1.2x or higher) All factors in the pattern must be present simultaneously. Missing any single factor disqualifies the Grade A pattern. GRADE B REQUIREMENTS Grade B patterns require fewer but still meaningful confirmations. These patterns fire only when no Grade A pattern is detected: Pattern B1 - Zone with Confirmation: - Oversold or overbought zone positioning - Momentum in reversal direction - Hidden divergence, EMA crossover, or trendline break present - Minimum MTF alignment met Pattern B2 - Divergence with Structure: - Regular or hidden divergence confirmed - Structural break (S/R or trendline or MA) - Momentum confirming direction - Volume at least average Pattern B3 - Clean Trend Continuation: - Above or below trend MA - Ribbon aligned in direction - Oscillator crossed signal line - EMA stack complete GRADE C REQUIREMENTS Grade C patterns require basic confirmations. These patterns fire only when no Grade A or Grade B pattern is detected: Pattern C1 - Early Zone Entry: - Zone positioning or approaching zone - Momentum in expected direction - Oscillator or EMA crossover present Pattern C2 - Momentum Shift: - Histogram turning in expected direction - Oscillator crossover confirmed - Oscillator on expected side of midline SIGNAL QUALITY CONTROLS Beyond pattern detection, several quality controls must be satisfied: COOLDOWN A minimum number of bars must pass between any two signals. This prevents signal clustering during volatile conditions and ensures each signal represents a distinct opportunity. DIRECTION ALTERNATION When enabled, signals must alternate between LONG and SHORT. After a LONG signal, only SHORT signals can fire until direction changes. This prevents multiple consecutive signals in the same direction. PULLBACK REQUIREMENT After a signal fires, the oscillator must retrace a minimum percentage before another same-direction signal can fire. This ensures re-entry signals occur after meaningful pullbacks rather than immediately after the first signal. VOLUME CONFIRMATION (Optional) When enabled, volume must meet minimum threshold relative to average. This filters out signals during low-volume periods when moves may lack follow-through. BAR CONFIRMATION All signals require barstate.isconfirmed, meaning they only fire after the bar closes. This prevents signals from appearing and disappearing during live bar formation, ensuring backtest results match live behavior. A comprehensive example that combines signal generation logic, grading system, with all elements clearly annotated for easy understanding. SETTINGS REFERENCE This section provides a reference for the main configurable settings organized by category. QUANTUM ENGINE SETTINGS Sensitivity (5-50): Primary lookback period for momentum calculations. Lower values respond faster but may include more noise. Higher values smooth the oscillator but increase lag. Default 14 balances responsiveness with stability. Smoothing (1-10): Exponential smoothing applied to final QMF value. Higher values reduce noise, lower values preserve detail. Default 3 provides good noise reduction. Adaptive Mode: When enabled, automatically adjusts sensitivity based on volatility regime. Increases sensitivity during high volatility, decreases during low volatility. Dimension Toggles: Enable or disable each of the four dimensions (Velocity, Volume, Volatility, Session) individually. Useful for customizing the oscillator for specific instruments or conditions. Dimension Weights: Adjust relative contribution of each dimension. Weights are normalized so they do not need to sum to 1.0. Higher weight means that dimension has more influence on the final value. Signal Length: EMA period for the signal line. Lower values make signal line more responsive, higher values make it smoother. DISPLAY SETTINGS Display Mode: Choose between Energy Candles, QMF Line, Impulse Bars, or Heikin Flow visualization. Candle Glow: Adds luminous glow effect around energy candles based on momentum strength. Visually striking but can impact performance on slower systems. Glow Layers: Number of glow layers when candle glow is enabled. More layers create smoother gradient but use more resources. VISUAL SETTINGS Theme: Choose between Tokyo Night (dark blue with vibrant accents), Dracula (purple-grey with high contrast), or Nord (muted arctic tones). Each theme is designed for extended trading sessions. Glow Intensity: Controls transparency of glow effects. Lower values create more visible glows, higher values more subtle. Enable Glow Effects: Master toggle for all glow effects around candles and levels. REVERSAL CLOUD SETTINGS Enable Reversal Clouds: Toggle cloud display on or off. Cloud Style: Choose calculation method (Dynamic Bollinger, Golden Ratio, Adaptive Halo, Volatility Squeeze, Ichimoku RSI). Cloud Transparency: Higher values make clouds more transparent, lower values more visible. Cloud Width: Multiplier for cloud width. Higher values create wider reversal zones. FLOW RIBBON SETTINGS Enable Ribbons: Toggle ribbon display. Fast/Medium/Slow Ribbon: Period for each ribbon EMA. Faster periods respond quicker, slower periods show longer-term trend. DIVERGENCE SETTINGS Enable Divergence: Toggle divergence detection. Pivot Sensitivity: Bars required on each side to confirm pivot point. Higher values detect more significant pivots but may miss shorter-term divergences. Confirmation Bars: Bars to wait after pivot detection before confirming divergence. Min Strength Pct: Minimum divergence strength percentage to display. Higher values filter out weaker divergences. Show Lines: Draw connecting lines between divergence pivots. Min/Max Distance: Range of bars between pivots for valid divergence. SIGNAL SYSTEM SETTINGS Enable Signals: Toggle signal generation. Show Signals: Filter by grade (A Only, A and B, All Grades). Cooldown Bars: Minimum bars between signals. Pullback Required Pct: Percentage pullback needed before same-direction signal. Require Direction Alternation: Force signals to alternate LONG and SHORT. Fast/Slow EMA: Periods for EMA crossover analysis. Trend MA: Period for trend-defining moving average. Min MTF Alignment: Minimum timeframes that must align for higher grades. Require Volume Confirmation: Make volume threshold mandatory for signals. Min Volume Ratio: Minimum volume relative to average when required. TRENDLINE SETTINGS Enable Trendlines: Toggle automated trendline detection. Pivot Left/Right: Bars for pivot detection. Extension Bars: How far to extend lines into future. Min Touch Points: Minimum pivots to validate line. Enable Strength Filter: Filter by calculated strength. Minimum Strength: Threshold for strength filter. Show Trendline Zones: Display shaded zones around lines. Zone Width StdDev: Standard deviation multiplier for zone width. Line Style: Solid, Dashed, or Dotted. Line Width: Thickness in pixels. Show Touch Points: Display circle markers at pivots. Show Strength Labels: Display strength percentage at line end. SUPPORT RESISTANCE SETTINGS Enable S/R: Toggle dynamic S/R display. Pivot Lookback: Period for detecting S/R pivots. DASHBOARD SETTINGS Enable Dashboard: Toggle dashboard display. Position: Screen position (8 options). Size: Tiny, Small, or Normal. Style: Compact, Standard, or Full detail level. MTF Panel: Include or exclude multi-timeframe panel. MTF 1-4: Timeframe selections for MTF analysis. LEVEL SETTINGS Overbought/Oversold: Standard zone thresholds. Extreme OB/OS: Extreme zone thresholds. PRACTICAL EXAMPLE: READING THE COMPLETE PICTURE This example walks through analyzing a chart using all the indicator components together. SCENARIO: You are analyzing a 15-minute chart looking for trading opportunities. STEP 1: ASSESS OSCILLATOR ZONE You look at the QMF oscillator and see it reading 24, which is in the oversold zone. The dashboard confirms this showing OVERSOLD in the zone status. The progress bar shows the oscillator is in the lower portion of its range. Initial assessment: The market has experienced significant selling pressure and is in territory where bullish reversals have elevated probability. STEP 2: CHECK STRUCTURE You look at the dynamic S/R levels. The oscillator recently touched its support level at 22 and bounced. You see an S with checkmark marker indicating support held. The dashboard shows AT SUP status. Assessment update: The oscillator found support at a level that has held before. This adds to the bullish case. STEP 3: EXAMINE TRENDLINES You notice a resistance trendline connecting recent oscillator highs that has been declining. The oscillator is currently approaching this trendline from below. No break has occurred yet. Assessment update: There is overhead resistance that will need to be cleared. A break above would be significant. STEP 4: CHECK DIVERGENCE The dashboard shows BULL CONFIRMED in the divergence status. Looking at the oscillator, you see a BULL DIV label with a dotted line connecting two pivot lows. The oscillator made a higher low while price made a lower low. Assessment update: Confirmed bullish divergence suggests selling momentum is weakening despite price continuing lower. This is a meaningful signal of potential reversal. STEP 5: EVALUATE RIBBONS The ribbons are currently mixed with fast below medium but both above slow. Ribbon fill is gray indicating transitioning state. However, you notice the fast ribbon is turning upward and approaching the medium ribbon from below. Assessment update: Ribbons are not yet aligned bullish, but appear to be transitioning. A bullish crossover may be approaching. STEP 6: CHECK MTF ALIGNMENT The dashboard MTF panel shows: 5m is B+, 15m is B, 1H is N, 4H is S. The alignment shows 2/4 bullish. Assessment update: Lower timeframes support bullish bias, but higher timeframes are neutral or bearish. This is mixed alignment, suggesting caution. Any bullish move may face resistance from higher timeframe sellers. STEP 7: REVIEW LIVE MOMENTUM SCORES Dashboard shows BULL at 52% Grade B, BEAR at 28% Grade D. Dominant bias shows BULL. Assessment update: Bullish factors currently outweigh bearish factors. The score suggests moderate bullish conditions, not yet strong. STEP 8: SYNTHESIS Putting it together: - Oversold zone positioning (bullish factor) - Support held (bullish factor) - Bullish divergence confirmed (strong bullish factor) - Ribbons transitioning but not yet aligned (neutral) - MTF alignment mixed at 2/4 (caution factor) - Live score favors bullish moderately (supporting factor) - Resistance trendline overhead (risk factor) Conclusion: Conditions favor a bullish reversal but with caution warranted due to mixed MTF alignment and overhead resistance. This would not qualify for a Grade A signal due to insufficient MTF alignment. If a signal fires, it would likely be Grade B. STEP 9: SIGNAL FIRES Several bars later, the oscillator crosses above its signal line while still in oversold territory. The EMA fast crosses above EMA slow. A LONG B signal appears at 85% confluence. The signal represents: Oversold positioning plus confirmed divergence plus momentum crossover, meeting Grade B pattern requirements. STEP 10: MONITORING After entry, you monitor the dashboard for changing conditions. Live momentum scores continue rising. The resistance trendline breaks (TL up arrow marker appears). Ribbons align bullish. MTF alignment improves to 3/4 as the 1H turns bullish. The improving conditions confirm the trade thesis. You hold the position as conditions strengthen. ALERTS AVAILABLE 28 alert conditions are available covering all major events. To set up alerts, click the alert icon in TradingView, select this indicator, and choose the desired condition. SIGNAL ALERTS - A-Grade LONG Signal: Highest probability bullish entry - A-Grade SHORT Signal : Highest probability bearish entry - B-Grade LONG Signal: Solid bullish entry - B-Grade SHORT Signal: Solid bearish entry - Any LONG Signal: Any bullish signal regardless of grade - Any SHORT Signal: Any bearish signal regardless of grade DIVERGENCE ALERTS - Regular Bullish Divergence: Classic bullish reversal pattern - Regular Bearish Divergence: Classic bearish reversal pattern - Hidden Bullish Divergence: Bullish continuation pattern - Hidden Bearish Divergence: Bearish continuation pattern - Any Bullish Divergence: Either regular or hidden bullish - Any Bearish Divergence: Either regular or hidden bearish STRUCTURE ALERTS - Trendline Break Up : Resistance trendline broken - Trendline Break Down: Support trendline broken - Resistance Broken: S/R resistance level broken - Support Broken: S/R support level broken CROSSOVER ALERTS - EMA Cross Up : Fast EMA crossed above slow EMA - EMA Cross Down : Fast EMA crossed below slow EMA - Trend MA Break Up: Oscillator crossed above trend MA - Trend MA Break Down: Oscillator crossed below trend MA ZONE ALERTS - Entered Overbought Zone: Oscillator entered overbought - Entered Oversold Zone: Oscillator entered oversold - Entered Extreme Overbought: Oscillator reached extreme overbought - Entered Extreme Oversold: Oscillator reached extreme oversold RIBBON ALERTS - Ribbon Cross Up: Fast ribbon crossed above slow ribbon - Ribbon Cross Down: Fast ribbon crossed below slow ribbon BOUNCE ALERTS - Bounce From Oversold: Active reversal from oversold zone - Bounce From Overbought : Active reversal from overbought zone NON-REPAINTING Structure All visual elements and signals in this indicator are non-repainting: - Signals use barstate.isconfirmed to fire only after bar close - Divergence confirmation waits for pivot validation - Trendline breaks confirm after bar close - S/R breaks confirm after bar close - MTF data uses lookahead off setting - No future data is used in any calculation What you see in backtesting accurately represents what would have appeared in real-time trading. RISK DISCLAIMER This indicator is provided for educational and informational purposes only. It does not constitute financial advice, investment advice, or trading advice. Trading financial instruments involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. The analysis provided by this indicator should not be relied upon as the sole basis for any trading decision. Before trading: - Understand you may lose some or all of your investment - Never trade with money you cannot afford to lose - Conduct your own research and due diligence - Consider consulting with a qualified financial advisor - Practice with paper trading before risking real capital - Implement proper risk management with recommended maximum 1-2% risk per trade By using this indicator, you acknowledge that you have read and understood this disclaimer and accept full responsibility for your trading decisions.
Indicador Pine Script®
por BullByte
2
Trend Break Targets [MarkitTick]Trend Break Targets Trend Break Targets is a technical analysis tool designed to assist traders in identifying trendline breakouts and projecting potential price targets based on market geometry. Unlike fully automated indicators that guess trendlines, this tool provides you with precise control by allowing you to manually Pivot Point the trendline to specific points in time, while automating the complex math of target projection and structure mapping. Theoretical Basis & Concepts This indicator is grounded in classic technical analysis principles found in foundational trading literature. It automates the following methodology: Drawing a trend line between two key points to represent dynamic support or resistance. Identifying a breakout when the price closes above or below this line, potentially signaling a change in trend. Calculating a price target by measuring the vertical distance between the breakout line and the last high/low (pivot), then projecting that same distance in the direction of the breakout. This concept is based on methods and "Measured Move" theories explained in classic books such as "Technical Analysis of Stock Trends" by Edwards & Magee, "Technical Analysis of the Financial Markets" by John Murphy, and in Thomas Bulkowski's Price Pattern Studies. How It Works Pivot Pointed Trendline Construction The script draws a trendline between two user-defined points in time (Start Date and End Date). It calculates the slope between these points and extends the line infinitely to the right, allowing you to define the exact structure (e.g., a resistance trendline on a wedge). Breakout Detection The script monitors the "Price Source" (High, Low, or Close) relative to the extended trendline. A Bullish Breakout (BC) occurs when the Close crosses above a bearish trendline. A Bearish Breakout (BC) occurs when the Close crosses below a bullish trendline. Dynamic Target Projection (The Math) Upon a confirmed breakout, the script automatically calculates three distinct targets by identifying the most significant "Swing Point" (Pivot) prior to the breakout. Distance (D): The vertical distance between the Trendline and the Pivot Price at the specific bar where the pivot occurred. Target 1 (T1): The Breakout Price +/- (Distance × 1.0). This represents a classic 1:1 measured move. Target 2 (T2): The Breakout Price +/- (Distance × 1.618). Based on the Golden Ratio extension. Target 3 (T3): The Breakout Price +/- (Distance × 2.618). Market Structure (CHOCH) The script includes an optional Change of Character (CHOCH) module. This runs independently of the trendline logic, identifying local Swing Highs and Swing Lows based on the "Swing Detection Length." It plots dashed lines and labels to visualize immediate shifts in market structure. How to Use This Tool This is an interactive tool that requires user input to define the setup. Identify a Setup: Locate a clear trend, wedge, or flag pattern on your chart. Set Pivot Points: Go to the Indicator Settings. Input the exact Start Date and End Date corresponding to the two main touches of your trendline. Monitor for Breakout: The script will extend the line. Wait for a "BC" label to appear. Trade Management: Once "BC" prints, the T1, T2, and T3 lines will instantly render. These can be used as potential take-profit zones or areas to tighten stop-losses. Settings & Configuration Indicator Settings Start/End Date: The timestamp Pivot Points for your trendline. Price Source: Determines what price (High or Low) Pivot Points the line and triggers the breakout. Pivot Left/Right: Adjusts the sensitivity for finding the "Pivot Before Break" used for target calculations. Extend Target Line: How far forward the target lines are drawn. Visual Style Colors: Fully customizable colors for the Trendline, Breakout Labels, and each Target level (T1, T2, T3). Gold Bullish Reversal This analysis dissects a confirmed bullish reversal on Gold using a custom Trend Break system. The setup identifies a transition from a bearish corrective phase to bullish momentum, validated by a structural break and a geometric target projection. Trend Identification (The Pivot Points) The descending white trendline serves as the primary dynamic resistance, defining the bearish correction. Pivot Points: The line is drawn connecting two significant swing highs, marked by Label 1 and Label 2. Logic: These points represent the "lower highs" characteristic of the previous downtrend. As long as price remained below this trajectory, the bearish bias was intact. The Trigger: Breakout & Confirmation The transition occurs at the candle marked BC (Breakout Candle). Breakout Criteria: The indicator logic dictates that a signal is only valid when the bar closes above the trendline. This filters out intraday wicks and ensures genuine buyer commitment. CHOCH Confluence: Immediately following the breakout, a CHOCH (Change of Character) label appears. This signals a shift in market structure, indicating that the internal lower-high/lower-low sequence has been violated, adding probability to the reversal. Target Projection: The Measured Move The vertical green lines (T1, T2) represent profit objectives derived from the depth of the prior move. The logic calculates the distance between the breakout line and the lowest pivot prior to the break. T1 (Standard Target): This is a 1:1 projection of the pre-breakout volatility. We see price action initially stalling near this level, confirming it as a zone of interest. T2 (Golden Ratio Extension): The second target is calculated as the initial distance multiplied by 1.618 (Fibonacci Golden Ratio). The chart shows the price rallying aggressively through T1 to tap the T2 zone, often considered an exhaustion or major take-profit level in harmonic extensions. Conclusion Gold has successfully invalidated the 4-hour bearish trendline. The confluence of a confirmed close above resistance (BC) and a structural shift (CHOCH) provided a high-probability long setup. The price has now fulfilled the T2 (1.618) extension, suggesting traders should watch for consolidation or a reaction at this key Fibonacci resistance level. Bearish Trendline Breakdown The image displays a Bearish Trendline Breakdown on the Gold (XAUUSD) 4-hour chart. The indicator is actually functioning in "Low" mode here (connecting swing lows to form support), which triggers the bearish logic found in the code. Here is the step-by-step breakdown: The Setup: Pivot Points & Trendline Visual: The Blue Labels "1" and "2" connected by a white diagonal line. Code Logic: These are the user-defined start and end points. Pivot Point 1 (startDate): The starting pivot of the trendline. Pivot Point 2 (endDate): The ending pivot. Trendline: The code draws a line between these two points and extends it to the right (extend.right). In this specific image, the line acts as a Support Trendline. The Trigger: Break Candle (BC) Visual: The Red Label "BC" appearing just below the white trendline. Code Logic: This is the execution signal. The code detects a "Down Break" (dnBreak) because the Price Source was likely set to "Low" and the candle's Close was lower than the Trendline Price at that specific bar (close < currLinePrice). This confirms the support level has been breached. The Projection: Targets (T1 & T2) Visual: The Green Labels "T1" and "T2" with dotted horizontal lines projected downward. Code Logic: These are profit targets based on a "Measured Move." Pivot Calculation: The script looks back for a recent "Pivot High" (the peak before the crash) to calculate the volatility/distance (dist) between that peak and the trendline. T1 (Conservative): The price is projected downward by 1x that distance (currLinePrice - dist). T2 (Extended): The price is projected downward by 1.618x that distance (Golden Ratio extension). Market Context: CHOCH Visual: The small Red/Orange "CHOCH" labels appearing above the price action. Code Logic: This is a secondary confirmation system running independently of the trendline. It detects a Change of Character (structural shift). The red labels indicate a "Bearish CHOCH," meaning the price broke below a significant prior swing low (last_swing_low). This supports the bearish bias of the trendline break. Disclaimer This tool is for educational and technical analysis purposes only. Breakouts can fail (fake-outs), and past geometric patterns do not guarantee future price action. Always manage risk and use this tool in conjunction with other forms of analysis.
Indicador Pine Script®
por MarkitTick
4
Trend detection zero lag Trend Detection Zero-Lag (v6) Trend Detection Zero-Lag is a high-performance trend identification indicator designed for intraday traders, scalpers, and swing traders who require fast trend recognition with minimal lag. It combines a zero-lag Hull Moving Average, slope analysis, swing structure logic, and adaptive volatility sensitivity to deliver early yet stable trend signals. This indicator is optimized for real-time decision-making, particularly in fast markets where traditional moving averages react too slowly. Core Features 🔹 Zero-Lag Trend Engine Uses a Zero-Lag Hull Moving Average (HMA) to reduce lag by approximately 40–60% versus standard moving averages. Provides earlier trend shifts while maintaining smoothness. 🔹 Multi-Factor Trend Detection Trend direction is determined using a hybrid engine: HMA slope (momentum direction) Rising / falling confirmation Swing structure detection (HH/HL vs LH/LL) ATR-adjusted dynamic sensitivity This approach allows fast flips when conditions change, without excessive noise. Adaptive Volatility Sensitivity Sensitivity dynamically adjusts based on ATR relative to price In high volatility: faster reaction In low volatility: smoother, more stable trend state This ensures the indicator adapts across: Trend days Range days Volatility expansion or contraction Trend Duration Intelligence The indicator tracks historical trend durations and maintains a rolling memory of recent bullish and bearish phases. From this, it calculates: Current trend duration Average historical duration for the active trend direction This helps traders gauge: Whether a trend is early, mature, or extended Probability of continuation vs exhaustion Strength Scoring A normalized Trend Strength Score (0–100) is calculated using: Zero-lag slope magnitude ATR normalization This provides a quick read on: Weak / choppy trends Healthy trend continuation Overextended momentum Visual Design Color-coded Zero-Lag HMA Bullish trend → user-defined bullish color Bearish trend → user-defined bearish color Designed for dark mode / neon-style charts Clean overlay with no clutter Trend Detection Zero-Lag is built for traders who need: Faster trend recognition Adaptive behavior across market regimes Structural confirmation beyond simple moving averages Clear, actionable visual signals
Indicador Pine Script®
por MomentumCraft_
VCAI Volume & Liquidity Map LiteVCAI Volume & Liquidity Map Lite visualises recent market participation using a horizontal liquidity/volume histogram plotted beside current price. It shows where trading activity has clustered, where the chart is thin, and how much of that activity came from buying vs selling pressure. This Lite edition keeps the tool simple and fast: Yellow = buy-side volume (aggressive buyers / upward pressure) Purple = sell-side volume (aggressive sellers / downward pressure) Thicker sections = higher traded volume at that price POC line (purple) marks the price with the highest volume concentration Value Area lines (yellow dashed) mark where ~70% of volume has traded Bars extend outward to the right of price for a clean, unobstructed chart Lookback setting controls how many candles the map is built from Use it to quickly identify: high-interest price zones low-liquidity areas where price can move fast likely reaction levels where momentum may slow, reverse, or break through Designed as a lightweight, open-source tool for anyone wanting a clean liquidity/volume map without complex settings. Part of the VCAI Lite Series.
Indicador Pine Script®
por Vectorcoresai
TrendlinesDowntrend lines are one of the most important tools in technical analysis. A downtrend line is created by connecting a series of lower highs which forms a clear visual line where price repeatedly finds resistance. Traders use these lines to understand trend direction, time entries, plan exits, and quickly recognize when momentum is shifting. This indicator automatically finds and maintains the strongest downtrend lines on any timeframe. It removes the guesswork and inconsistency that comes with manually drawing trendlines. Unlike most other trendline indicators that just draw lines from swing highs to the current high, this indicator actively scans for new pivot highs, tests each potential line against live price action and only promotes a line to valid status once it has proven itself as a true trendline by price touching or respecting the line a user defined number of times, with the default set to three. This filters out noise and leaves only the most meaningful and reliable trendlines on your chart. When price eventually breaks a respected downtrend line the indicator highlights the breakout immediately. Traders often use these moments for entries confirmation signals or to prepare for a potential shift in market behavior. The breakout alert is built directly into the indicator so you never miss an important move. This indicator also works with the Pine Screener to find tickers with current valid trendlines. How are trendlines determined? The indicator begins by anchoring to the most recent pivot high. From there it draws a temporary line to the current bar and evaluates every bar between the two points. Each time a high comes within a user selected buffer zone around that line it is counted as a touch. Once the required number of touches is confirmed and price has never exceeded the buffer to the upside the trendline becomes valid and is displayed on the chart as an active downtrend line.
Indicador Pine Script®
por Amphibiantrading
22
Trading Session IL7 Session-Based Intraday Momentum IndicatorOverview This indicator is designed to support discretionary traders by highlighting intraday momentum phases based on price behavior and trading session context. It is intended as a confirmation tool and not as a standalone trading system or automated strategy. Core Concept The script combines multiple market observations, including: - Directional price behavior within the current timeframe - Structural consistency in recent price movement - Session-based filtering to focus on periods with higher activity and liquidity Signals are only displayed when internal conditions align, helping traders avoid low-quality setups during sideways or low-momentum market phases. How to Use This indicator should be used to confirm existing trade ideas rather than generate trades on its own. It can help traders: - Identify periods where momentum is more likely to continue - Filter out trades during unfavorable market conditions - Align intraday execution with higher-timeframe bias Best results are achieved when used alongside key price levels, higher-timeframe structure and proper risk management. Limitations This indicator does not predict future price movements. Signals may change during active candles. Market conditions may reduce effectiveness during extremely low volatility periods. Language Notice The indicator’s user interface labels are displayed in German. This English description is provided first to comply with TradingView community script publishing rules.
Indicador Pine Script®
por Pavel98xx
Vdubus MacD Divergence Trend Break Signal Generator Vdubus Divergence Wave Theory v1 System Type: Momentum Trendline Breakout & Continuation Model Platform: 1. Executive Summary The Vdubus Divergence Wave Theory v1 is a sophisticated trend-following and reversal strategy developed over a 10-year period. Unlike standard indicators that rely on simple crossovers, this system applies Price Action geometry (Trendlines) directly to Momentum (MACD). PREVIOUS DIVERGENCE PROJECTS FUTURE TREND BREAKS/ REVERSALS ! The core philosophy is that momentum breaks trendlines before price does. By identifying compression in the MACD oscillator and trading the breakout of that compression, the system identifies high-probability entries for both Reversals and Trend Continuations. 2. Core Logic & Methodology The indicator operates on three specific layers of logic: A. The Engine (Modified MACD) It utilizes a custom-tuned MACD (Moving Average Convergence Divergence) to smooth out noise while retaining responsiveness. Fast Length: 12 Slow Length: 34 (Smoother than the standard 26) Signal Smoothing: 5 B. Dynamic Trendline Projection (The "Divergence" Aspect) The script uses a Pivot-based algorithm to mathematically identify peaks and troughs in momentum. Resistance Projection: It identifies lower highs in the MACD (momentum is fading) and projects a red resistance line forward. Support Projection: It identifies higher lows in the MACD (momentum is building) and projects a blue support line forward. The Trigger: A signal is generated only when the MACD line physically crosses these invisible projected barriers. C. The Wave Theory (Signal Classification) The system distinguishes between "Reversals" and "Continuations" based on the Zero Line. Below Zero: Considered "Bearish Territory." A break upward here is a Reversal. Above Zero: Considered "Bullish Territory." A break upward here is Momentum Continuation (Overbought). 3. Signal Types & Visual Guide The indicator outputs four distinct signals, color-coded for instant decision-making. 🟢 1. LONG (Standard Reversal) Condition: MACD breaks a Resistance Trendline while Below Zero. Meaning: Momentum has finished causing the price to drop and is reversing upward. This is often a "Buy the Bottom" signal. Visuals: Green Box, Green "LONG" Label. 🔵 2. OB-CONT (Overbought Continuation) Condition: MACD breaks a Resistance Trendline while Above Zero. Meaning: The trend is already bullish, but momentum consolidated briefly before exploding higher. This indicates a "Second Wave" or trend continuation. Visuals: Blue Box (Thick Border), Bright Blue "OB-CONT" Label. 🔴 3. SHORT (Standard Reversal) Condition: MACD breaks a Support Trendline while Above Zero. Meaning: Momentum has exhausted to the upside and is rolling over. This is often a "Sell the Top" signal. Visuals: Red Box, Red "SHORT" Label. 🟠 4. OS-CONT (Oversold Continuation) Condition: MACD breaks a Support Trendline while Below Zero. Meaning: The trend is already bearish, but price paused briefly before dropping further. This indicates a "Waterfall" or trend continuation downward. Visuals: Orange Box (Thick Border), Bright Orange "OS-CONT" Label. 4. Technical Settings (Inputs) Users can adjust the sensitivity of the "Wave" detection: Pivot Lookback Left (Default: 20): How many bars to the left the script checks to confirm a major peak/valley. Higher numbers = fewer, more significant signals. Lower numbers = more signals, potentially more noise. Pivot Lookback Right (Default: 20): The confirmation period. A value of 20 ensures that the pivot used for the trendline is a significant structural point, not just a small blip. 5. Best Practices for Trading The Box Break: The coloured box drawn around the signal represents the "Breakout Candle." A strong close outside this box often confirms the move. Zero Line Authority: Pay attention to where the cross happens. Crosses occurring near the Zero Line are often the most explosive, as they represent a full momentum shift. Deep Continuation Signals (e.g., an OB-CONT very high up) should be treated with caution as the move might be exhausted. Divergence Context: This tool is designed to visualize the breaking of divergence. When you see a Price making higher highs but the MACD making lower highs (Divergence), wait for the Red Line Break (Short Signal) to confirm the trade.
Indicador Pine Script®
por vdubus
2
APEX TREND: Macro & Hard Stop SystemAPEX TREND: Macro & Hard Stop System The APEX TREND System is a composite trend-following strategy engineered to solve the "Whipsaw" problem inherent in standard breakout systems. It orchestrates four distinct technical theories—Macro Trend Filtering, Volatility Squeeze, Momentum, and Volatility Stop-Loss—into a single, hierarchical decision-making engine. This script is not merely a collection of indicators; it is a rules-based trading system designed for Swing Traders (Day/Week timeframes) who aim to capture major trend extensions while strictly managing downside risk through a "Hard Stop" mechanism. 🧠 Underlying Concepts & Originality Many trend indicators fail because they treat all price movements equally. The APEX TREND differentiates itself by applying an "Institutional Filter" logic derived from classic Dow Theory and Modern Volatility Analysis. 1. The Macro Hard Stop (The 200 EMA Logic) Origin: Based on the institutional mandate that “Nothing good happens below the 200-day moving average.” Function: Unlike standard super trends that flip constantly in sideways markets, this system integrates a 200-period Exponential Moving Average (EMA) as a non-negotiable "Hard Stop." Synergy: This acts as the primary gatekeeper. Even if the volatility engine signals a "Buy," the system suppresses the signal if the price is below the Macro Baseline, effectively filtering out counter-trend traps. 2. The Volatility Engine (Squeeze Theory) Origin: Derived from John Carter’s TTM Squeeze concept. Function: The script identifies periods where Bollinger Bands (Standard Deviation) contract inside Keltner Channels (ATR). This indicates a period of potential energy build-up. Synergy: The system only triggers an entry when this energy is released (Breakout) AND coincides with Linear Regression Momentum, ensuring the breakout is genuine. 3. Anti-Chop Filter (ADX Integration) Origin: J. Welles Wilder’s Directional Movement Theory. Function: A common failure point for trend systems is low-volatility chop. This script utilizes the Average Directional Index (ADX). Synergy: If the ADX is below the threshold (Default: 20), the market is deemed "Choppy." The script visually represents this by painting candles GRAY, signaling a "No-Trade Zone" regardless of price action. 4. The "Run Trend" Stop Loss (Factor 4.0 ATR) Origin: Adapted from the Turtle Trading rules regarding volatility-based stops. Function: Standard Trailing Stops (usually Factor 3.0) are too tight for crypto or volatile equities on daily timeframes. Optimization: This system employs a wider ATR Multiplier of 4.0. This allows the asset to fluctuate naturally within a trend without triggering a premature exit, maximizing the "Run Trend" potential. 🛠 How It Works (The Algorithm) The script processes data in a specific order to generate a signal: Check Macro Trend: Is Price > EMA 200? (If No, Longs are disabled). Check Volatility: Is ADX > 20? (If No, all signals are disabled). Check Volume: Is Current Volume > 1.2x Average Volume? (Confirmation of institutional participation). Trigger: Has a Volatility Breakout occurred in the direction of the Macro Trend? Execution: If ALL above are true -> Generate Signal. 🎯 Strategy Guide 1. Long Setup (Bullish) Signal: Look for the Green "APEX LONG" Label. Condition: The price must be ABOVE the White Line (EMA 200). Execution: Enter at the close of the signal candle. Stop Loss: Initial stop at the Green Trailing Line. 2. Short Setup (Bearish) Signal: Look for the Red "APEX SHORT" Label. Condition: The price must be BELOW the White Line (EMA 200). Execution: Enter at the close of the signal candle. Stop Loss: Initial stop at the Red Trailing Line. 3. Exit Rules (Crucial) This system employs a Dual-Exit Mechanism: Soft Exit (Profit Taking): Close the position if the price crosses the Trailing Stop Line (Green/Red line). This locks in profits during a trend reversal. Hard Exit (Emergency): Close the position IMMEDIATELY if the price crosses the White EMA 200 Line against your trade. This prevents holding a position during a major market regime change. ⚙️ Settings Momentum Engine: Adjust Bollinger Band/Keltner Channel lengths to tune breakout sensitivity. Apex Filters: Toggle the EMA 200 or ADX filters on/off to adapt to different asset classes. Risk Management: The ATR Multiplier (Default 4.0) controls the width of the trailing stop. Lower values = Tighter stops (Scalping); Higher values = Looser stops (Swing). Disclaimer: This script is designed for trend-following on higher timeframes (4H, 1D, 1W). Please backtest on your specific asset before live trading.
Indicador Pine Script®
por Gustav_Rex
QuantMotions - TPR Sentinel LineTPR Sentinel Line is an advanced adaptive Support/Resistance system that combines multi-layered trend analysis with a directional Time-Price Ratio (TPR) engine. The indicator dynamically builds a stabilized support or resistance line that adjusts to market volatility, trend strength, ATR expansion and contraction, and real-time slope changes. This creates a high-precision, self-adjusting trend barrier that acts as support in uptrends, resistance in downtrends, and a neutral anchor during sideways phases. Key Features ✔ Adaptive Trend Base - A composite trend model blending: - Kijun-style midpoint - Donchian midline - SMA & EMA smoothing This creates a stable baseline that reacts smoothly but reliably to structural trend shifts. ✔ Directional TPR Calculation The indicator measures slope across short, medium, and long trend windows, normalizes it with ATR, and determines: - Trend direction - Trend strength - Momentum quality ✔ Dynamic Support/Resistance Line Depending on trend direction: - In uptrends → the line becomes adaptive support - In downtrends → the line becomes adaptive resistance - In neutral phases → the line centers around the smoothed trend base A built-in lag factor prevents unrealistic jumps and keeps the level stable. ✔ Automatic Support/Resistance Zones The indicator expands the main line into upper and lower zones based on ATR and trend strength, creating a dynamic volatility envelope around the trend structure. ✔ Signals & Alerts - Support bounce - Resistance rejection - Breakouts above/below the dynamic line These events help identify high-probability continuation or reversal moments. ✔ Information Panel A real-time status table displays: - Trend direction - Trend strength - Current S/R level 🎯 Ideal For - Precision entries on pullbacks - Detecting trend shifts earlier - Identifying strong or weak trend phases - Adaptive take-profit and stop-loss zones - Filtering false breakouts 💡 Summary TPR Sentinel Line gives you a living, breathing support/resistance structure that evolves with the market. Instead of relying on static levels, you get a continuously adapting trend barrier that reflects real strength, real volatility, and real momentum. A powerful tool for traders who want structure, clarity, and trend confidence.
Indicador Pine Script®
por Trading-Programmer
Trend Line Methods (TLM)Trend Line Methods (TLM) Overview Trend Line Methods (TLM) is a visual study designed to help traders explore trend structure using two complementary, auto-drawn trend channels. The script focuses on how price interacts with rising or falling boundaries over time. It does not generate trade signals or manage risk; its purpose is to support discretionary chart analysis. Method 1 – Pivot Span Trendline The Pivot Span Trendline method builds a dynamic channel from major swing points detected by pivot highs and pivot lows. • The script tracks a configurable number of recent pivot highs and lows. • From the oldest and most recent stored pivot highs, it draws an upper trend line. • From the oldest and most recent stored pivot lows, it draws a lower trend line. • An optional filled area can be drawn between the two lines to highlight the active trend span. As new pivots form, the lines are recalculated so that the channel evolves with market structure. This method is useful for visualising how price respects a trend corridor defined directly by swing points. Method 2 – 5-Point Straight Channel The 5-Point Straight Channel method approximates a straight trend channel using five key points extracted from a fixed lookback window. Within the selected window: • The window is divided into five segments of similar length. • In each segment, the highest high is used as a representative high point. • In each segment, the lowest low is used as a representative low point. • A straight regression-style line is fitted through the five high points to form the upper boundary. • A second straight line is fitted through the five low points to form the lower boundary. The result is a pair of straight lines that describe the overall directional channel of price over the chosen window. Compared to Method 1, this approach is less focused on the very latest swings and more on the broader slope of the market. Inputs & Menus Pivot Span Trendline group (Method 1) • Enable Pivot Span Trendline – Turns Method 1 on or off. • High trend line color / Low trend line color – Colors of the upper and lower trend lines. • Fill color between trend lines – Base color used to shade the area between the two lines. Transparency is controlled internally. • Trend line thickness – Line width for both high and low trend lines. • Trend line style – Line style (solid, dashed, or dotted). • Pivot Left / Pivot Right – Number of bars to the left and right used to confirm pivot highs and lows. Larger values produce fewer but more significant swing points. • Pivot Count – How many historical pivot points are kept for constructing the trend lines. • Lookback Length – Number of bars used to keep pivots in range and to extend the trend lines across the chart. 5-Point Straight Channel group (Method 2) • Enable 5-Point Straight Channel – Turns Method 2 on or off. • High channel line color / Low channel line color – Colors of the upper and lower channel lines. • Channel line thickness – Line width for both channel lines. • Channel line style – Line style (solid, dashed, or dotted). • Channel Length (bars) – Lookback window used to divide price into five segments and build the straight high/low channel. Using Both Methods Together Both methods are designed to visualise the same underlying idea: price tends to move inside rising or falling channels. Method 1 emphasises the most recent swing structure via pivot points, while Method 2 summarises the broader channel over a fixed window. When the Pivot Span Trendline corridor and the 5-Point Straight Channel boundaries align or intersect, they can highlight zones where multiple ways of drawing trend lines point to similar support or resistance areas. Traders can use these confluence zones as a visual reference when planning their own entries, exits, or risk levels, according to their personal trading plan. Notes • This script is meant as an educational and analytical tool for studying trend lines and channels. • It does not generate trading signals and does not replace independent analysis or risk management. • The behaviour of both methods is timeframe- and symbol-agnostic; they will adapt to whichever chart you apply them to.
Indicador Pine Script®
por ata_sabanci
16
Slope Rank ReversalThis tool is designed to solve the fundamental problem of "buying low and selling high" by providing objective entry/exit signals based on momentum extremes and inflection points. The System employs three core components: Trend Detection (PSAR): The Parabolic SAR is used as a filter to confirm that a trend reversal or transition is currently underway, isolating actionable trade setups. Dynamic Momentum Ranking: The indicator continuously measures the slope of the price action. This slope is then ranked against historical data to objectively identify when an asset is in an extreme state (overbought or oversold). Signal Generation (Inflection Points): Oversold/Buy: A 🟢 Green X is generated only when the slope ranking indicates the market is steeply negative (oversold), and the slope value begins to tick upwards (the inflection point), signaling potential mean reversion. Overbought/Sell: A 🔴 Red X is generated only when the slope ranking indicates the market is steeply positive (overbought), and the slope value begins to tick downwards, signaling momentum exhaustion. The core philosophy is simple: Enter only when the market is exhausted and has started to turn.
Indicador Pine Script®
por accutrades_net
Trendlines with Breaks Oscillator [LuxAlgo]The Trendlines with Breaks Oscillator is an oscillator based on the Trendlines with Breaks indicator, and tracks the maximum distance on price from bullish and bearish trendline breakouts. The oscillator features divergences and trendline breakout detection. 🔶 USAGE This tool is based on our Trendlines with Breaks indicator, which detects bullish and bearish trendlines and highlights the breaks on the chart. Now, we bring you this tool as an oscillator. The oscillator calculates the maximum distance between the price and the break of each trendline, for both bullish and bearish cases, then calculates the delta between both. When the oscillator is above 0, the market is in an uptrend; when it is below 0, it is in a downtrend. An ascending slope indicates positive momentum, and a descending slope indicates negative momentum. Trendline breaks are displayed as green and red dots on the oscillator. A green dot corresponds to a bullish break of a descending trendline, and a red dot corresponds to a bearish break of an ascending trendline. The oscillator calculation depends on two parameters from the settings panel: short and long alpha length. These parameters are used to calculate a synthetic EMA with a variable alpha for both bullish and bearish breaks. The final result is the difference between the two averages. As shown in the image, using the same trend detection parameters but different alphas can produce very different results. The larger the alphas, the smoother the oscillator becomes, detecting bigger trends but making it less reactive. This tool features the same trendline detection system as the Trendlines with Breaks indicator, which is based on three main parameters: swing length, slope, and calculation method. As we can see in the image above, the data collected for the oscillator calculation will be different when using different parameters. A larger length detects larger trends. A larger slope or a different calculation method also impacts the final result. 🔹 Signal Line The signal line is a smoothed version of the oscillator; traders can choose the smoothing method and length used from the settings panel. In the image, the signal line crossings are displayed as vertical lines. As we can see, the market usually corrects downward after a bearish crossing and corrects upward after a bullish crossing. Traders can choose among 10 different smoothing methods for the signal line. In the image, we can see how different methods and lengths give different outputs. 🔹 Divergences The tool features a divergence detector that helps traders understand the strength behind price movements. Traders can adjust the detection length from the settings panel. As shown in the image, a bearish divergence occurs when the price prints higher highs, but the momentum on the histogram prints lower highs. A bullish divergence occurs when the price prints lower lows, but the histogram prints higher lows. By adjusting the length of the divergence detector, traders can filter out smaller divergences, allowing the tool to only detect more significant ones. The image above depicts divergences detected with different lengths; the larger the length, the bigger the divergences are detected. 🔶 SETTINGS 🔹 Trendlines Swing Detection Lookback: The size of the market structure used for trendline detection. Slope: Slope steepness, a value of 0 gives horizontal levels, values larger than 1 give a steeper slope Slope Calculation Method: Choose how the slope is calculated 🔹 Oscillator Short Alpha Length: Synthetic EMA short period Long Alpha Length: Synthetic EMA long period Smoothing Signal: Choose the smoothing method and period Divergences: Enable or disable divergences and select the detection length. 🔹 Style Bullish: Select bullish color. Bearish: Select bearish color.
Indicador Pine Script®
por LuxAlgo
7
AshokTrendThe AshokTrend indicator uses a combination of trendline logic and pivot high/low detection to signal possible BUY and SELL trades based on price action and structural breakouts. ### Buy/Sell Signal Logic - **Buy Trade Signal**: It identifies local pivot lows using a lookback period, then checks multiple conditions comparing current and previous pivot values to validate a breakout. If conditions are met, triangle-up shapes are plotted below bars to indicate a possible long trade, and trendlines are drawn connecting pivots for visual confirmation. - **Sell Trade Signal**: It locates pivot highs, applies similar multi-point checks, and confirms breakdowns in structure. Upon a valid signal, triangle-down shapes are plotted above bars to indicate a possible short trade, with corresponding trendlines marking pivot connections. ### Structural Confirmation - Both buy and sell signals require the breakout/breakdown to be visually confirmed via the movement and steepness (slope) of custom lines that represent price momentum between pivots. Lines are updated or deleted if price fails the required strength, ensuring signals are filtered for validity. ### Alert and Analysis Details - **Alerts**: Plotted shapes (triangle up for buy, triangle down for sell) can be used for automated alerts, integrating with platform alert conditions for strategy automation. - **Analysis**: The indicator incorporates logic for cleaning up invalid signals and pruning trendlines when a reversal is detected, increasing reliability of entries and exits for both buy and sell trades. ### Key Settings for Customization - Lookback period, padding, and color settings allow the user to tune signal frequency and visual appearance according to specific trading needs. ### Summary Table | Signal Type | Visual Mark | Pivot Reference | Trendline Confirmation | Filtering Logic | |----------------------|--------------|-----------------|-----------------------|-------------------------------| | BUY | Triangle Up | Pivot Low | Slope & multi-point | Valid breakout only | | SELL | Triangle Down| Pivot High | Slope & multi-point | Valid breakdown only | This approach ensures that only structurally strong breakout-based trades are considered, pruning false signals in real-time for improved consistency in automated or manual trade analysis Follow me for more updates... Disclaimer - This post is created for only Learning Purpose. Every Charts, Trade Ideas, Buy & Sell Levels and Updates are Provided  For Learning Purpose Only . We Do Not Provide Any Buy And Sell Signals Tips.  We are Not SEBI Registered .Do Always Calculate Your risk Before Taking the Trade And consult your Financial Advisor Before taking any Trade. Thank You
Indicador Pine Script®
por ashok137a
2
Session Breakout, Retest, Reversal + Large Move Alert# Script Description for Publication ## Script Name **Session Breakout, Retest, Reversal + Large Move Alert** ## Short Description A professional trading indicator that identifies session breakouts, failed retests, and large intraday price movements across any futures contract with real-time alerts and visual markers. ## Long Description This comprehensive indicator combines session analysis with dynamic move detection, designed for active traders monitoring ES, NQ, GC, CL, and other futures contracts. **Core Features:** **Session Tracking:** Automatically identifies and marks daily session breakouts and failed retests based on user-defined session times and timezones. The indicator draws visual boxes showing session highs (PH) and lows (PL), with labels marking breakout (BO) and retest failure (RF) points. **Dynamic Large Move Detection:** Monitors candles on any chart interval for significant price movements. The threshold is fully customizable per futures contract (default 15 points for ES/NQ/GC). When a candle closes with a move exceeding the threshold, the indicator displays a "BO" label with the exact move size and current chart timeframe. **Real-Time Alerts:** Triggers active alerts whenever large moves are detected, allowing traders to receive instant notifications via TradingView's alert system for timely entry or exit opportunities. **Multi-Timeframe Compatible:** Works seamlessly on any chart interval (1-minute through daily and beyond) without manual adjustments. The detection threshold automatically applies to the current chart's candles, with labels displaying the active timeframe. **Universal Futures Support:** Configurable for any futures contract by adjusting the point threshold input parameter based on each contract's typical volatility. ## Key Inputs | Input | Default | Purpose | |-------|---------|---------| | Session Time | 0400-0930 | Defines trading session hours (pre-market session) | | Session Timezone | America/New_York | Sets timezone for session detection | | Point Move Threshold | 15.0 | Minimum point move to trigger alert (adjust per futures: ES=15, GC=15, CL=1.5) | ## How to Use 1. **Add to Chart:** Search for this indicator in TradingView and add it to your futures chart (ES, NQ, GC, CL, etc.) 2. **Configure Inputs:** - Set session start/end times for your preferred trading session - Adjust point threshold based on your futures contract - Verify timezone matches your trading location 3. **Create Alerts:** - Click "Create Alert" on the chart - Select "Large Move Alert" from the condition dropdown - Choose notification method (push, email, or SMS) - Set desired frequency 4. **Monitor Moves:** - Watch for "BO" labels appearing on confirmed candles - Each label shows the threshold value and actual move size - Combine with your existing trading strategy for confirmation ## Visual Elements - **Session Box:** Blue shaded area showing session high/low range - **PH Label:** Green label marking session high (pivot high) - **PL Label:** Red label marking session low (pivot low) - **BO ↑/↓ Labels:** Lime/red labels marking session breakouts - **RF Labels:** Yellow/orange labels marking failed retests - **Large Move Labels:** Green (bullish) or red (bearish) labels showing threshold breaches with move size ## Ideal For - Scalpers monitoring quick intraday moves - Day traders tracking pre-market breakouts - Futures traders on ES, NQ, GC, CL, and other contracts - Multi-timeframe traders watching various chart intervals simultaneously - Alert-based automated trading systems ## Technical Details - **Pine Script Version:** 5 - **Overlay:** Yes (displays on price chart) - **Historical Buffer:** 5000 bars (supports 1-minute and lower timeframes) - **Compatibility:** All futures contracts and chart intervals ## Disclaimer This indicator is provided for educational and informational purposes only. It is not financial advice. Users should conduct their own research and consult with financial professionals before making trading decisions. Past performance does not guarantee future results. ---
Indicador Pine Script®
por Jay_R_Dhanki
1
Adaptive Trend Breaks Adaptive Trend Breaks ## WHAT IT DOES This script is a modified and enhanced version of "Trendline Breakouts With Targets" concept by ChartPrime. Adaptive Trend Breaks (ATB) is a trendline breakout system optimized for scalping liquid futures contracts. The indicator automatically draws dynamic support and resistance trendlines based on pivot points, then generates trade signals when price breaks through these levels with confirmation filters. It includes automated target and stop-loss placement with real-time P&L tracking in dollars. ## HOW IT WORKS **Trendline Detection Method:** The indicator uses pivot high/low detection to identify significant price turning points. When a new pivot forms, it calculates the slope between consecutive pivots to draw dynamic trendlines. These lines extend forward based on the established trend angle, creating actionable support and resistance zones. **Band System:** Around each trendline, the script creates a "band" using a volatility-adjusted calculation: `ATR(14) * 0.2 * bandwidth multiplier / 2`. This adaptive band accounts for current market conditions - wider during volatile periods, tighter during quiet markets. **Breakout Logic:** A breakout signal triggers when: 1. Price closes beyond the trendline + band zone 2. Volume exceeds the 20-period moving average by your set multiplier (default 1.2x) 3. Price is within Regular Trading Hours (9:30-16:00 EST) if session filter enabled 4. Current ATR meets minimum volatility threshold (prevents trading dead markets) **Target & Stop Calculation:** Upon breakout confirmation: - **Entry**: Trendline breach point - **Target**: Entry ± (bandwidth × target multiplier) - default 8x for quick scalps - **Stop**: Entry ± (bandwidth × stop multiplier) - default 8x for 1:1 risk/reward - Multipliers adjust automatically to market volatility through the ATR-based band **P&L Conversion:** The script converts point movements to dollars using: ``` Dollar P&L = (Price Points × Contract Point Value × Quantity) ``` For example, a 10-point NQ move with 2 contracts = 10 × $20 × 2 = $400 ## HOW TO USE IT **Setup:** 1. Select your instrument (NQ/ES/YM/RTY) - point values auto-configure 2. Set contract quantity for accurate dollar P&L 3. Choose pivot period (lower = more signals but more noise, default 5 for scalping) 4. Adjust bandwidth multiplier if trendlines are too tight/loose (1-5 range) **Filters Configuration:** - **Volume Filter**: Requires breakout volume > moving average × multiplier. Increase multiplier (1.5-2.0) for higher conviction trades - **Session Filter**: Enable to trade only RTH. Disable for 24-hour trading - **ATR Filter**: Prevents signals during low volatility. Increase minimum % for more active markets only **Risk Management:** - Set target/stop multipliers based on your risk tolerance - 8x bandwidth = approximately 1:1 risk/reward for most liquid futures - Enable trailing stops for trend-following approach (moves stop to protect profits) - Adjust line length to see targets further into the future **Statistics Table:** - Choose timeframe to analyze: all-time, today, this week, custom days - Monitor win rate, profit factor, and net P&L in dollars - Track long vs short performance separately - See real-time unrealized P&L on active trades **Reading Signals:** - **Green triangle below bar** = Long breakout (resistance broken) - **Red triangle above bar** = Short breakout (support broken) - **White dashed line** = Entry price - **Orange line** = Take profit target with dollar value - **Red line** = Stop loss with dollar value - **Green checkmark (✓)** = Target hit, winning trade - **Red X (✗)** = Stop hit, losing trade ## WHAT IT DOES NOT DO **Limitations to Understand:** - Does not predict future trendline formations - it reacts to breakouts after they occur - Historical trendlines disappear after breakout (not kept on chart for clarity) - Requires sufficient volatility - may not signal in extremely quiet markets - Volume filter requires exchange volume data (not available on all symbols) - Statistics are indicator-based simulations, not actual trading results - Does not account for slippage, commissions, or order fills ## BEST PRACTICES **Recommended Settings by Market:** - **NQ (Nasdaq)**: Default settings work well, consider volume multiplier 1.3-1.5 - **ES (S&P 500)**: Slightly slower, try period 7-8, volume 1.2 - **YM (Dow)**: Lower volatility, reduce bandwidth to 1.5-2 - **RTY (Russell)**: Higher volatility, increase bandwidth to 3-4 **Risk Management:** - Never risk more than 2-3% of account per trade - Use contract quantity calculator: Max Risk $ ÷ (Stop Distance × Point Value) - Start with 1 contract while learning the system - Backtest your specific timeframe and instrument before live trading **Optimization Tips:** - Increase pivot period (7-10) for fewer but higher-quality signals - Raise volume multiplier (1.5-2.0) in choppy markets - Lower target/stop multipliers (5-6x) for tighter profit taking - Use trailing stops in strong trending conditions - Disable session filter for overnight gaps and Asia session moves ## TECHNICAL DETAILS **Key Calculations:** - Pivot Detection: `ta.pivothigh(high, period, period/2)` and `ta.pivotlow(low, period, period/2)` - Slope Calculation: `(newPivot - oldPivot) / (newTime - oldTime)` - Adaptive Band: `min(ATR(14) * 0.2, close * 0.002) * multiplier / 2` - Breakout Confirmation: Price crosses trendline + 10% of band threshold **Data Requirements:** - Minimum bars in view: 500 for proper pivot calculation - Volume data required for volume filter accuracy - Intraday timeframes recommended (1min - 15min) for scalping - Works on any timeframe but optimized for fast execution **Performance Metrics:** All statistics calculate based on indicator signals: - Tracks every signal as a trade from entry to TP/SL - P&L in actual contract dollar values - Win rate = (Winning trades / Total trades) × 100 - Profit factor = Gross profit / Gross loss - Separates long/short performance for bias analysis ## IDEAL FOR - Futures scalpers and day traders - Traders who prefer visual trendline breakouts - Those wanting automated TP/SL placement - Traders tracking performance in dollar terms - Multiple timeframe analysis (compare 1min vs 5min signals) ## NOT SUITABLE FOR - Swing trading (targets too close) - Stocks/forex without modifying point values - Extremely low timeframes (<30 seconds) - too much noise - Markets without volume data if using volume filter - Illiquid contracts (signals may not execute at shown prices) --- **Settings Summary:** - Core: Period, bandwidth, extension, trendline style - Filters: Volume, RTH session, ATR volatility - Risk: R:R ratio, target/stop multipliers, trailing stop - Display: Stats table position, size, colors - Stats: Timeframe selection (all-time to custom days) **License:** This indicator is published open-source under Mozilla Public License 2.0. You may use and modify the code with proper attribution. **Disclaimer:** This indicator is for educational purposes. Past performance does not guarantee future results. Always practice proper risk management and test thoroughly before live trading. --- ## CREDITS & ATTRIBUTION This script builds upon the "Trendline Breakouts With Targets" concept by ChartPrime with significant enhancements: **Major Improvements Added:** - **Futures-Specific Calculations**: Automated dollar P&L conversion using actual contract point values (NQ=$20, ES=$50, YM=$5, RTY=$50) - **Advanced Statistics Engine**: Comprehensive performance tracking with customizable timeframe analysis (today, week, month, custom ranges) - **Multi-Layer Filtering System**: Volume confirmation, RTH session filter, and ATR volatility filter to reduce false signals - **Professional Trade Management**: Enhanced visual trade tracking with separate TP/SL lines, dollar value labels, and optional trailing stops - **Optimized for Scalping**: Faster pivot periods (5 vs 10), tighter bands, and reduced extension bars for quick entries Original trendline detection methodology by ChartPrime - used with modification under Mozilla Public License 2.0.
Indicador Pine Script®
por TradeManager_PRO