OPEN-SOURCE SCRIPT
ALGO X LIMITLESS

//version=5
indicator("Swift Algo X – Volume Drift (Stable)", overlay=true)
// =====================
// INPUTS
// =====================
volPeriod = input.int(50, "Volume Z-Score Period", minval=10)
pricePeriod = input.int(20, "Price Smoothing Period", minval=5)
bandMult = input.float(1.5, "Volatility Multiplier", step=0.1)
macroPeriod = input.int(100, "Macro Baseline Period", minval=20)
// =====================
// VOLUME DRIFT LOGIC
// =====================
volMean = ta.sma(volume, volPeriod)
volStd = ta.stdev(volume, volPeriod)
volZ = volStd != 0 ? (volume - volMean) / volStd : 0
// Volume-weighted price force
volForce = close * (1 + volZ * 0.01)
// Fair Value Estimate
fairValue = ta.ema(volForce, pricePeriod)
// =====================
// ADAPTIVE VOLATILITY BANDS
// =====================
volatility = ta.stdev(fairValue, pricePeriod)
upperBand = fairValue + volatility * bandMult
lowerBand = fairValue - volatility * bandMult
// =====================
// MACRO TREND FILTER
// =====================
macroBase = ta.ema(fairValue, macroPeriod)
bullTrend = fairValue > macroBase
bearTrend = fairValue < macroBase
// =====================
// SIGNALS (NON-REPAINT)
// =====================
buySignal = ta.crossover(close, upperBand) and bullTrend
sellSignal = ta.crossunder(close, lowerBand) and bearTrend
// =====================
// PLOTS
// =====================
plot(fairValue, "Fair Value", color=color.orange, linewidth=2)
plot(upperBand, "Upper Band", color=color.new(color.green, 0))
plot(lowerBand, "Lower Band", color=color.new(color.red, 0))
plot(macroBase, "Macro Baseline", color=color.blue)
plotshape(buySignal, title="BUY", location=location.belowbar,
style=shape.labelup, color=color.green, text="BUY")
plotshape(sellSignal, title="SELL", location=location.abovebar,
style=shape.labeldown, color=color.red, text="SELL")
// =====================
// ALERTS
// =====================
alertcondition(buySignal, "Swift Algo X BUY", "BUY Signal Detected")
alertcondition(sellSignal, "Swift Algo X SELL", "SELL Signal Detected")
indicator("Swift Algo X – Volume Drift (Stable)", overlay=true)
// =====================
// INPUTS
// =====================
volPeriod = input.int(50, "Volume Z-Score Period", minval=10)
pricePeriod = input.int(20, "Price Smoothing Period", minval=5)
bandMult = input.float(1.5, "Volatility Multiplier", step=0.1)
macroPeriod = input.int(100, "Macro Baseline Period", minval=20)
// =====================
// VOLUME DRIFT LOGIC
// =====================
volMean = ta.sma(volume, volPeriod)
volStd = ta.stdev(volume, volPeriod)
volZ = volStd != 0 ? (volume - volMean) / volStd : 0
// Volume-weighted price force
volForce = close * (1 + volZ * 0.01)
// Fair Value Estimate
fairValue = ta.ema(volForce, pricePeriod)
// =====================
// ADAPTIVE VOLATILITY BANDS
// =====================
volatility = ta.stdev(fairValue, pricePeriod)
upperBand = fairValue + volatility * bandMult
lowerBand = fairValue - volatility * bandMult
// =====================
// MACRO TREND FILTER
// =====================
macroBase = ta.ema(fairValue, macroPeriod)
bullTrend = fairValue > macroBase
bearTrend = fairValue < macroBase
// =====================
// SIGNALS (NON-REPAINT)
// =====================
buySignal = ta.crossover(close, upperBand) and bullTrend
sellSignal = ta.crossunder(close, lowerBand) and bearTrend
// =====================
// PLOTS
// =====================
plot(fairValue, "Fair Value", color=color.orange, linewidth=2)
plot(upperBand, "Upper Band", color=color.new(color.green, 0))
plot(lowerBand, "Lower Band", color=color.new(color.red, 0))
plot(macroBase, "Macro Baseline", color=color.blue)
plotshape(buySignal, title="BUY", location=location.belowbar,
style=shape.labelup, color=color.green, text="BUY")
plotshape(sellSignal, title="SELL", location=location.abovebar,
style=shape.labeldown, color=color.red, text="SELL")
// =====================
// ALERTS
// =====================
alertcondition(buySignal, "Swift Algo X BUY", "BUY Signal Detected")
alertcondition(sellSignal, "Swift Algo X SELL", "SELL Signal Detected")
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.