PROTECTED SOURCE SCRIPT
Updated SVEA - Smart Valuation & Analysis [Gabremoku]

SVEA is a smart overbought/oversold map that paints dynamic price zones and reversal signals directly on the chart using RSI and ATR‑based volatility bands.📈✨
🧠 Smart context: Automatically adapts OB/OS levels to asset type and timeframe (equities, crypto, forex, 15m) for more realistic signals.
🎯 Actionable zones: Highlights continuous OB/OS price areas as dynamic support/resistance, helping to spot stretched moves and potential reversals at a glance.
🌡️ Volatility‑aware: Uses ATR‑driven padding so zones expand in high volatility and contract in calm markets, keeping signals relevant across regimes.
🛠️ Fully customizable: Fine‑tune OB/OS levels, lookback, padding, and visibility to match your strategy and preferred signal frequency.
🧠 Smart context: Automatically adapts OB/OS levels to asset type and timeframe (equities, crypto, forex, 15m) for more realistic signals.
🎯 Actionable zones: Highlights continuous OB/OS price areas as dynamic support/resistance, helping to spot stretched moves and potential reversals at a glance.
🌡️ Volatility‑aware: Uses ATR‑driven padding so zones expand in high volatility and contract in calm markets, keeping signals relevant across regimes.
🛠️ Fully customizable: Fine‑tune OB/OS levels, lookback, padding, and visibility to match your strategy and preferred signal frequency.
Release Notes
SVEA is a smart overbought/oversold map that paints dynamic price zones and reversal signals directly on the chart using RSI and ATR‑based volatility bands.📈✨
🧠 Smart context: Automatically adapts OB/OS levels to asset type and timeframe (equities, crypto, forex, 15m) for more realistic signals.
🎯 Actionable zones: Highlights continuous OB/OS price areas as dynamic support/resistance, helping to spot stretched moves and potential reversals at a glance.
🌡️ Volatility‑aware: Uses ATR‑driven padding so zones expand in high volatility and contract in calm markets, keeping signals relevant across regimes.
🛠️ Fully customizable: Fine‑tune OB/OS levels, lookback, padding, and visibility to match your strategy and preferred signal frequency.
Release Notes
# SVEA v1.1 - Major Update## What's New
### 🎯 Adaptive Thresholds
Dynamic OB/OS levels that automatically adjust to market volatility using RSI mean and standard deviation. Includes EMA smoothing to prevent erratic changes.
- Bounds: OB 68-85, OS 15-32
- Configurable lookback (20-500 bars, default: 100)
### 📊 Multi-Timeframe Analysis
Simultaneous RSI analysis across 3 timeframes with confluence detection.
- MTF status table (bottom-right)
- Alerts on bullish/bearish confluence across all timeframes
- Configurable higher timeframes (default: 1H, 4H)
### 🔄 Divergence Detection
Automatic identification of regular and hidden divergences:
- **Regular**: Bullish (price LL, RSI HL) | Bearish (price HH, RSI LH)
- **Hidden**: Bullish (price HL, RSI LL) | Bearish (price LH, RSI HH)
- Visual lines and labels with color coding
- Configurable pivot lookback (3-20 bars)
### 🔔 Alert System
6 alert types with individual toggles:
- OB/OS zone entries
- Bullish/Bearish divergences
- MTF confluence signals
## Enhanced Features
- **New Preset**: "Adaptive" mode for dynamic thresholds
- **Improved UI**: Decimal precision in threshold display
- **Better Performance**: Optimized pivot detection and state management
## Configuration
19 new parameters across 4 groups:
- Adaptive Thresholds (2)
- Divergences (7)
- Multi-Timeframe (4)
- Alerts (6)
## Use Cases
- **Scalping**: 15m preset + divergences + OB/OS alerts
- **Swing Trading**: Adaptive preset + MTF confluence
- **Position Trading**: Higher timeframes + hidden divergences
All v0.8 features preserved. New features optional for backward compatibility.
**License**: MPL 2.0 | **By**: Gabremoku
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.