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JackFinance:Vegas Dual ChannelVegas Tunnel Indicator - Technical Documentation Overview The Vegas Tunnel is a technical analysis indicator utilizing multiple exponential moving averages (EMAs) to identify market trends and potential trading opportunities. The system employs five EMAs organized into three distinct groups for multi-timeframe analysis. Component Structure Filter Line: 12-period EMA (green) serving as short-term trend indicator Channel A: 144-period and 169-period EMAs (blue) defining medium-term trend direction Channel B: 576-period and 676-period EMAs (red) establishing long-term trend context Operational Methodology The indicator generates trading signals based on the relative positioning and interactions between these EMA groups. Price position above both channels indicates bullish market conditions, while position below both channels suggests bearish conditions. Crossovers between the Filter Line and Channel A provide potential entry and exit signals, with Channel B serving as confirmation for major trend direction. Application Guidelines This indicator is optimized for swing trading and position trading strategies on timeframes of one hour or higher. Traders should consider the slope and spacing of the channels as indicators of trend strength. The tunnel areas between EMAs function as dynamic support and resistance zones. Parameter Customization All EMA periods are adjustable through the input parameters, allowing traders to optimize settings for specific instruments and trading styles. Default values are based on Fibonacci-derived numbers that have demonstrated historical significance in technical analysis.
Pine Script® indicator
by JESSROOVE
ICT PDA - Gold & BTC (QuickScalp Bias/FVG/OB/OTE + Alerts)What this script does This indicator implements a complete ICT Price Delivery Algorithm (PDA) workflow tailored for XAUUSD and BTCUSD. It combines HTF bias, OTE zones, Fair Value Gaps, Order Blocks, micro-BOS confirmation, and liquidity references into a single, cohesive tool with early and final alerts. The script is not a mashup for cosmetic plotting; each component feeds the next decision step. Why this is original/useful Symbol-aware impulse filter: A dynamic displacement threshold kTune adapts to Gold/BTC volatility (body/ATR vs. per-symbol factor), reducing noise on fast markets without hiding signals. Scalping preset: “Quick Clean” mode limits drawings to the most recent bars and keeps only the latest FVG/OB zones for a clear chart. Three display modes: Full, Clean, and Signals-Only to match analysis vs. execution. Actionable alerts: Early heads-up when price enters OTE in the HTF bias direction, and Final alerts once mitigation + micro-break confirm the setup. How it works (high-level logic) HTF Bias: Uses request.security() on a user-selected timeframe (e.g., 240m) and EMA filter. Bias = close above/below HTF EMA. Dealing Range & OTE: Recent swing high/low (pivot length configurable) define the range; OTE (62–79%) boxes are drawn contextually for up/down ranges. Displacement: A candle’s body/ATR must exceed kTune and break short-term structure (displacement up/down). FVG: 3-bar imbalance (bull: low > high ; bear: high < low ). Latest gaps are tracked and extended. Order Blocks: Last opposite candle prior to a qualifying displacement that breaks recent highs/lows; zones are drawn and extended. Entry & Alerts: Long: Bullish bias + price inside buy-OTE + mitigation of a bullish FVG or OB + micro BOS up → “PDA Long (Final)”. Short: Bearish bias + price inside sell-OTE + mitigation of a bearish FVG or OB + micro BOS down → “PDA Short (Final)”. Early Alerts: Trigger as soon as price enters OTE in the direction of the active bias. Inputs & controls (key ones) Bias (HTF): timeframe minutes, EMA length. Structure: ATR length, Impulse Threshold (Body/ATR), swing pivot length, OB look-back. OTE/FVG/OB/LP toggles: show/hide components. Auto-Tune: per-symbol factors for Gold/BTC + manual tweak. Display/Performance: View Mode, keep-N latest FVG/OB, limit drawings to last N bars. Recommended usage (scalping) Timeframes: Execute on M1–M5 with HTF bias from 120–240m. Defaults (starting point): ATR=14, Impulse Threshold≈1.6; Gold factor≈1.05, BTC factor≈0.90; Keep FVG/OB=2; last 200–300 bars; View Mode=Clean. Workflow: Wait for OTE in bias direction → see mitigation (FVG/OB) → confirm with micro BOS → manage risk to nearest liquidity (prev-day H/L or recent swing). Alerts available “PDA Early Long/Short” “PDA Long (Final)” / “PDA Short (Final)” Attach alerts on “Any alert() function call” or the listed conditions. Chart & screenshots Please include symbol and timeframe on screenshots. The on-chart HUD shows the script name and state to help reviewers understand context. Limitations / notes This is a discretionary framework. Signals can cluster during news or extreme volatility; use your own risk management. No guarantee of profitability. Changelog (brief) v1.2 QuickScalp: added Quick Clean preset, safer array handling, symbol-aware impulse tuning, display modes. ------------------------------ ملخص عربي: المؤشر يطبق تسلسل PDA عملي للذهب والبتكوين: تحيز من فريم أعلى، مناطق OTE، فجوات FVG، بلوكات أوامر OB، وتأكيد micro-BOS، مع تنبيهات مبكرة ونهائية. تمت إضافة وضع “Quick Clean” لتقليل العناصر على الشارت وحساسية إزاحة تتكيّف مع الأصل. للاستخدام كسكالب: نفّذ على M1–M5 مع تحيز 120–240 دقيقة، وابدأ من الإعدادات المقترحة بالأعلى. هذا إطار سلوكي وليس توصية مالية.
Pine Script® indicator
by iraqJP
ORDER FLOW Professional & Delta LineThe ORDER FLOW Professional & Delta Line indicator provides a powerful visualization of buy and sell volume imbalances within each candle — offering traders a deeper view into market order flow dynamics. Inspired by footprint charts, this tool estimates Up Volume, Down Volume, and their difference (Delta) to highlight whether buyers or sellers are in control. It’s designed for traders who want a clear and professional way to track volume-based momentum directly on their charts. 🔹 Key Features: Accurate estimation of buy (Up) and sell (Down) volume per bar Delta Line displaying the net order flow difference Customizable delta color for personalized visualization Optional numeric labels showing Up, Down, and Δ values Footprint-style column display in a clean lower panel Background color shading to reflect positive/negative delta 💡 Ideal For: Professional traders and volume analysts seeking to confirm price action through order flow insights, detect absorption or exhaustion, and enhance decision-making with visual delta tracking.
Pine Script® indicator
by MrPhoton
MFT Supply/Demand — Top2 (Opacity by Strength, Minimal Labels)Script Overview — “MFT Supply/Demand — Top 2 (Opacity by Strength, Minimal Labels)” This multi–timeframe (MTF) Pine Script indicator automatically detects and displays the strongest supply and demand zones across selected higher (HTF), mid (MTF), and lower (LTF) timeframes. It dynamically identifies large-body, high-volume candles (and optional order-block breakouts) that signal institutional activity, then plots only the two strongest supply zones above the current price and two strongest demand zones below the current price — keeping the chart clean and focused.
Pine Script® indicator
by ravigeenesingh
1
ALISH WEEK LABELS THE ALISH WEEK LABELS Overview This indicator programmatically delineates each trading week and encapsulates its realized price range in a live-updating, filled rectangle. A week is defined in America/Toronto time from Monday 00:00 to Friday 16:00. Weekly market open to market close, For every week, the script draws: a vertical start line at the first bar of Monday 00:00, a vertical end line at the first bar at/after Friday 16:00, and a white, semi-transparent box whose top tracks the highest price and whose bottom tracks the lowest price observed between those two temporal boundaries. The drawing is timeframe-agnostic (M1 → 1D): the box expands in real time while the week is open and freezes at the close boundary. Time Reference and Session Boundaries All scheduling decisions are computed with time functions called using the fixed timezone string "America/Toronto", ensuring correct behavior across DST transitions without relying on chart timezone. The start condition is met at the first bar where (dayofweek == Monday && hour == 0 && minute == 0); on higher timeframes where an exact 00:00 bar may not exist, a fallback checks for the first Monday bar using ta.change(dayofweek). The close condition is met on the first bar at or after Friday 16:00 (Toronto), which guarantees deterministic closure on intraday and higher timeframes. State Model The indicator maintains minimal persistent state using var globals: week_open (bool): whether the current weekly session is active. wk_hi / wk_lo (float): rolling extrema for the active week. wk_box (box): the graphical rectangle spanning × . wk_start_line and a transient wk_end_line (line): vertical delimiters at the week’s start and end. Two dynamic arrays (boxes, vlines) store object handles to support bounded history and deterministic garbage collection. Update Cycle (Per Bar) On each bar the script executes the following pipeline: Start Check: If no week is open and the start condition is satisfied, instantiate wk_box anchored at the current bar_index, prime wk_hi/wk_lo with the bar’s high/low, create the start line, and push both handles to their arrays. Accrual (while week_open): Update wk_hi/wk_lo using math.max/min with current bar extremes. Propagate those values to the active wk_box via box.set_top/bottom and slide box.set_right to the current bar_index to keep the box flush with live price. Close Check: If at/after Friday 16:00, finalize the week by freezing the right edge (box.set_right), drawing the end line, pushing its handle, and flipping week_open false. Retention Pruning: Enforce a hard cap on historical elements by deleting the oldest objects when counts exceed configured limits. Drawing Semantics The range container is a filled white rectangle (bgcolor = color.new(color.white, 100 − opacity)), with a solid white border for clear contrast on dark or light themes. Start/end boundaries are full-height vertical white lines (y1=+1e10, y2=−1e10) to guarantee visibility across auto-scaled y-axes. This approach avoids reliance on price-dependent anchors for the lines and is robust to large volatility spikes. Multi-Timeframe Behavior Because session logic is driven by wall-clock time in the Toronto zone, the indicator remains consistent across chart resolutions. On coarse timeframes where an exact boundary bar might not exist, the script legally approximates by triggering on the first available bar within or immediately after the boundary (e.g., Friday 16:00 occurs between two 4-hour bars). The box therefore represents the true realized high/low of the bars present in that timeframe, which is the correct visual for that resolution. Inputs and Defaults Weeks to keep (show_weeks_back): integer, default 40. Controls retention of historical boxes/lines to avoid UI clutter and resource overhead. Fill opacity (fill_opacity): integer 0–100, default 88. Controls how solid the white fill appears; border color is fixed pure white for crisp edges. Time zone is intentionally fixed to "America/Toronto" to match the strategy definition and maintain consistent historical backtesting. Performance and Limits Objects are reused only within a week; upon closure, handles are stored and later purged when history limits are exceeded. The script sets generous but safe caps (max_boxes_count/max_lines_count) to accommodate 40 weeks while preserving Editor constraints. Per-bar work is O(1), and pruning loops are bounded by the configured history length, keeping runtime predictable on long histories. Edge Cases and Guarantees DST Transitions: Using a fixed IANA time zone ensures Friday 16:00 and Monday 00:00 boundaries shift correctly when DST changes in Toronto. Weekend Gaps/Holidays: If the market lacks bars exactly at boundaries, the nearest subsequent bar triggers the start/close logic; range statistics still reflect observed prices. Live vs Historical: During live sessions the box edge advances every bar; when replaying history or backtesting, the same rules apply deterministically. Scope (Intentional Simplicity) This tool is strictly a visual framing indicator. It does not compute labels, statistics, alerts, or extended S/R projections. Its single responsibility is to clearly present the week’s realized range in the Toronto session window so you can layer your own execution or analytics on top.
Pine Script® indicator
by alishzcadillac101
US30 Quarter Levels (125-point grid) by FxMogul🟦 US30 Quarter Levels — Trade the Index Like the Banks Discover the Dow’s hidden rhythm. This indicator reveals the institutional quarter levels that govern US30 — spaced every 125 points, e.g. 45125, 45250, 45375, 45500, 45625, 45750, 45875, 46000, and so on. These are the liquidity magnets and reaction zones where smart money executes — now visualized directly on your chart. 💼 Why You Need It See institutional precision: The Dow respects 125-point cycles — this tool exposes them. Catch reversals before retail sees them: Every impulse and retracement begins at one of these zones. Build confluence instantly: Perfectly aligns with your FVGs, OBs, and session highs/lows. Trade like a professional: Turn chaos into structure, and randomness into rhythm. ⚙️ Key Features Automatically plots US30 quarter levels (…125 / …250 / …375 / …500 / …625 / …750 / …875 / …000). Color-coded hierarchy: 🟨 xx000 / xx500 → major institutional levels ⚪ xx250 / xx750 → medium-impact levels ⚫ xx125 / xx375 / xx625 / xx875 → intraday liquidity pockets Customizable window size, label spacing, and line extensions. Works across all timeframes — from 1-minute scalps to 4-hour macro swings. Optimized for clean visualization with no clutter. 🎯 How to Use It Identify liquidity sweeps: Smart money hunts stops at these quarter zones. Align structure: Combine with session opens, order blocks, or FVGs. Set precision entries & exits: Trade reaction-to-reaction with tight risk. Plan daily bias: Watch how New York respects these 125-point increments. 🧭 Designed For Scalpers, day traders, and swing traders who understand that US30 doesn’t move randomly — it moves rhythmically. Perfect for traders using ICT, SMC, or liquidity-based frameworks. ⚡ Creator’s Note “Every 125 points, the Dow breathes. Every 1000, it shifts direction. Once you see the rhythm, you’ll never unsee it.” — FxMogul
Pine Script® indicator
by leonelndam400
XAUUSD Quater Points by FxMogul🟡 XAUUSD Quarter Levels — The Smart Money Map for Gold Traders Unlock the hidden grid behind Gold’s movement. This indicator automatically maps the institutional quarter levels — every 25 points (…00 / …25 / …50 / …75) — showing you exactly where liquidity sits, smart money reacts, and price reverses. 💰 Why You’ll Love It See what the banks see: Every major algorithm and institutional trader builds around psychological quarters — this script makes them visible. Trade with precision: Entries, TPs, and liquidity sweeps align naturally with these levels. Never chase price again: Know the next magnet before it happens — 3425, 3450, 3475, 3500... it’s all mapped. Clean and customizable: No clutter, no noise — just structure and truth. ⚙️ Key Features Automatic plotting of all 25-point grid levels around current price. Color-coded hierarchy: 🟨 xx00 → high-impact institutional zones ⚪ xx50 → secondary liquidity magnets ⚫ xx25 / xx75 → intraday structure pivots Adjustable window range, label spacing, and line extensions. Works seamlessly across all timeframes. 🧭 How Traders Use It Identify liquidity sweeps and reversal zones before they happen. Align FVGs, order blocks, or fair value gaps with clean 25-point precision. Build confluence with daily bias, CME gaps, or high-volume nodes. Perfect for ICT, Smart Money, or Liquidity-Based traders. 🌍 Designed For Scalpers. Swing Traders. Institutional thinkers. Anyone who wants to trade Gold with the clarity of a market maker instead of the confusion of the crowd. ⚡ Creator’s Note “Every 25 points, Gold breathes. Every 100, it shifts direction. Learn to read its rhythm — and it will pay you for life.” — FxMogul
Pine Script® indicator
by leonelndam400
SEVENX Free|SuperFundedSEVENX — Modular Multi-Signal Scanner (SuperFunded) What it is SEVENX combines seven classic signals—MACD, OBV, RSI, Stochastics, CCI, Momentum, and an optional ATR volatility filter—into a modular gate. You can toggle each condition on/off, and a BUY/SELL arrow prints only when all enabled conditions agree. Text labels are optional. Why this is not a simple mashup ・Most “combo” scripts just overlay indicators. SEVENX is a strict consensus engine: ・Each condition is binary and user-switchable. ・The final signal is the logical AND of all enabled checks (no hidden weights). ・Signals fire only on confirmed events (e.g., RSI crossing a level, Stoch K/D cross), which makes entries rule-driven and reproducible. This yields a transparent, vendor-grade workflow where traders can start simple (2–3 gates) and tighten selectivity by enabling more gates. How it works (concise) ・MACD: macd_line > signal_line (buy) / < (sell). ・OBV trend: OBV > OBV_MA (buy) / < (sell). ・RSI bounce/drop: crossover(RSI, Oversold) (buy) / crossunder(RSI, Overbought) (sell). ・Stoch cross: %K crosses above %D (buy) / below (sell). ・CCI rebound/pullback: crossover(CCI, -Level) (buy) / crossunder(CCI, +Level) (sell). ・Momentum: Momentum > 0 (buy) / < 0 (sell). ・ATR filter (optional): ATR > ATR_MA must also be true (both sides). ・Final signal: AND of all enabled conditions. If you enable none on a side, that side will not print. Parameters (UI mapping) Buy Signal (group: “— Buy Signal —”) ・MACD Golden Cross / OBV Uptrend / RSI Bounce from Oversold / Stochastic Golden Cross / CCI Rebound from Oversold / Momentum > 0 / ATR Volatility Filter (on/off) Sell Signal (group: “— Sell Signal —”) ・MACD Dead Cross / OBV Downtrend / RSI Drop from Overbought / Stochastic Dead Cross / CCI Pullback from Overbought / Momentum < 0 / ATR Volatility Filter (on/off) Indicator Settings ・MACD: Fast/Slow/Signal lengths. ・RSI: Length, Overbought/Oversold levels. ・Stochastics: %K length, %D smoothing, overall smoothing. ・CCI: Length, Level (±Level used). ・Momentum: Length. ・OBV: MA length for trend baseline. ・ATR: ATR length, ATR MA length (for the filter). Display ・Show Text (BUY/SELL text on the markers), Buy/Sell Text Colors. Practical usage ・Start simple: Enable 2 conditions (e.g., MACD + RSI). If signals are too frequent, add OBV or Momentum; if still frequent, enable ATR filter. ・Mean-reversion vs trend: 　・For trend-following, prefer MACD/OBV/Momentum gates. 　・For reversal bounces, add RSI/CCI gates and keep Stoch for timing. ・Tuning sensitivity: 　・Raise RSI Oversold/Overbought thresholds to make bounces rarer. 　・Increase ATR_MA length to smooth the volatility baseline. ・Risk first: Plan SL/TP independently (e.g., structure levels or R-multiples). SEVENX focuses on entry qualification, not exits. Repainting & confirmation Signals depend on cross events and are best treated on bar close. Intrabar flips can occur before a bar closes; for strict rules, confirm on closed bars in your strategy. Disclaimer No indicator can guarantee outcomes. News, liquidity, and spread conditions can invalidate signals. Trade responsibly and manage risk. This indicator is being released on a trial basis and may be discontinued at our discretion. SEVENX — モジュラー型マルチシグナル・スキャナー（日本語） 概要 SEVENXは、MACD / OBV / RSI / ストキャス / CCI / モメンタム / ATRフィルターの7条件を個別オン・オフで制御し、有効化した条件がすべて満たされたときだけBUY/SELL矢印を表示する、合意（AND）型シグナルインジです。テキスト表示も任意。 独自性・新規性 ・各条件はブラックボックスではなく明示的なブール判定で、最終シグナルは有効化した条件のAND。 ・RSIのレベルクロスやStochのK/Dクロスなど、確定イベントで判定するため、再現性の高いルール運用が可能。少数条件から始めて、必要に応じて段階的に厳格化できます。 動作要点 ・MACD：線がシグナル上/下。 ・OBV：OBVがOBVのMAより上/下。 ・RSI：RSIがOSを上抜け（買い）/OBを下抜け（売り）。 ・Stoch：%Kが%Dを上抜け/下抜け。 ・CCI：CCIが**−Levelを上抜け**（買い）/+Levelを下抜け（売り）。 ・Momentum：0より上/下。 ・ATRフィルター（任意）：ATR > ATR_MA を満たすこと（買い/売り共通）。 ・最終サイン：有効化した条件のAND。そのサイドで1つも有効化していなければサインは出ません。 実践ヒント ・まずは2条件（例：MACD＋RSI）でテスト → 多すぎるならOBV/MomentumやATRフィルターを追加。 ・トレンド重視：MACD/OBV/Momentumを主軸に。 ・押し目・戻り目狙い：RSI/CCIを追加、Stochでタイミング調整。 ・感度調整：RSIのOB/OSを広げる、ATR_MAを長くする等で厳しめに。 ・出口は別設計：SL/TPは価格帯やR倍数などで管理を。 再描画と確定 確定足基準で判断すると安定します。足確定前はクロスが行き来することがあります。 免責 シグナルの機能は保証されません。イベントや流動性で無効化する場合があります。資金管理のうえ自己責任でご利用ください。 このインジケーターは試験公開のため、弊社の裁量で公開を停止する場合があります。
Pine Script® indicator
by SuperFunded
Chart Fusion Line SND Detection by TitikSona🧭 Overview Fusion Line Momentum Analyzer is a momentum visualization tool that introduces a unified model of oscillator fusion. It blends Fast and Slow Stochastics with RSI into one adaptive curve, designed to eliminate conflicting signals between different momentum sources. Instead of reading three separate oscillators, the Fusion Line provides a consolidated view of strength and exhaustion zones in a single framework. This approach helps analysts detect aligned momentum shifts with greater clarity and less noise, without repainting or lagging methods. ⚙️ Core Concept Traditional oscillators often provide conflicting readings when volatility changes. To solve this, the Fusion Line averages three normalized components: Fast Stochastic (12,3,3) — reacts quickly to short-term momentum spikes. Slow Stochastic (100,8,8) — filters long-term momentum context. RSI (26) — measures internal strength between buying and selling pressure. Each is rescaled to a 0–100 range, then averaged into a single curve called the Fusion Line. A secondary Signal Line (SMA 9) is added to visualize directional confirmation. This combination aims to preserve responsiveness from the fast components while maintaining structural stability from the slow and RSI layers. 🌈 Features Unified momentum curve combining stochastic and RSI dynamics. Automatic bias shading to highlight dominant trend direction. Real-time percentage strength meter (visual intensity). Configurable alert triggers on key momentum zones (20/80). Clean chart display without unnecessary elements or overlays. 📘 Interpretation Rising Fusion Line → indicates strengthening bullish momentum. Falling Fusion Line → indicates strengthening bearish pressure. Fusion values below 20 → potential oversold recovery. Fusion values above 80 → possible exhaustion or reversal zone. Mid-zone movement → reflects equilibrium or sideways momentum. These readings should always be combined with higher timeframe structure or volume confirmation for context. ⚙️ Default Parameters Fast Stochastic (12,3,3) Slow Stochastic (100,8,8) RSI Length (26) Signal Line Smoothing (9) All values can be adjusted to adapt to asset volatility or timeframe conditions. ⚠️ Disclaimer This indicator is a research and visualization tool, not a signal generator. It does not predict price movement or guarantee performance. Use for analytical purposes only and combine with your own trading framework. 👨‍💻 Developer Created by TitikSona — Research & Fusion Concept Designer Built using Pine Script v6 Type: Open-source educational script 💬 Short Description Fusion-based momentum visualization combining Double Stochastic and RSI into one adaptive line for clearer, noise-free momentum analysis.
Pine Script® indicator
by TitikSona
QUANTUM MOMENTUMOverview Quantum Momentum is a sophisticated technical analysis tool designed to help traders identify relative strength between assets through advanced momentum comparison. This cyberpunk-themed indicator visualizes momentum dynamics between your current trading symbol and any comparison asset of your choice, making it ideal for pairs trading, crypto correlation analysis, and multi-asset portfolio management. Key Features 📊 Multi-Asset Momentum Comparison Dual Symbol Analysis: Compare momentum between your chart symbol and any other tradable asset Real-Time Tracking: Monitor relative momentum strength as market conditions evolve Difference Visualization: Clear histogram display showing which asset has stronger momentum 🎯 Multiple Momentum Calculation Methods Choose from four different momentum calculation types: ROC (Rate of Change): Traditional percentage-based momentum measurement RSI (Relative Strength Index): Oscillator-based momentum from 0-100 range Percent Change: Simple percentage change over the lookback period Raw Change: Absolute price change in native currency units 📈 Advanced Trend Filtering System Enable optional trend filters to align momentum signals with prevailing market direction: SMA (Simple Moving Average): Classic trend identification EMA (Exponential Moving Average): Responsive trend detection Price Action: Identifies trends through higher highs/lows or lower highs/lows patterns ADX (Average Directional Index): Measures trend strength with customizable threshold 🎨 Futuristic Cyberpunk Design Neon Color Scheme: Eye-catching cyan, magenta, and matrix green color palette Glowing Visual Effects: Enhanced visibility with luminescent plot lines Dynamic Background Shading: Subtle trend state visualization Real-Time Data Table: Sleek information panel displaying current momentum values and trend status How It Works The indicator calculates momentum for both your current chart symbol and a comparison symbol (default: BTC/USDT) using your selected method and lookback period. The difference between these momentum values reveals which asset is exhibiting stronger momentum at any given time. Positive Difference (Green): Your chart symbol has stronger momentum than the comparison asset Negative Difference (Pink/Red): The comparison asset has stronger momentum than your chart symbol When the trend filter is enabled, the indicator will only display signals that align with the detected market trend, helping filter out counter-trend noise. Settings Guide Symbol Settings Compare Symbol: Choose any tradable asset to compare against (e.g., major indices, cryptocurrencies, forex pairs) Momentum Settings Momentum Length: Lookback period for momentum calculations (default: 14 bars) Momentum Type: Select your preferred momentum calculation method Display Options Toggle visibility of current symbol momentum line Toggle visibility of comparison symbol momentum line Toggle visibility of momentum difference histogram Optional zero line reference Trend Filter Settings Use Trend Filter: Enable/disable trend-based signal filtering Trend Method: Choose from SMA, EMA, Price Action, or ADX Trend Length: Period for trend calculations (default: 50) ADX Threshold: Minimum ADX value to confirm trend strength (default: 25) Best Use Cases ✅ Pairs Trading: Identify divergences in momentum between correlated assets ✅ Crypto Market Analysis: Compare altcoin momentum against Bitcoin or Ethereum ✅ Stock Market Rotation: Track sector or index relative strength ✅ Forex Strength Analysis: Monitor currency pair momentum relationships ✅ Multi-Timeframe Confirmation: Use alongside other indicators for confluence ✅ Mean Reversion Strategies: Spot extreme momentum divergences for potential reversals Visual Indicators ⚡ Cyan Line: Your chart symbol's momentum ⚡ Magenta Line: Comparison symbol's momentum 📊 Green/Pink Histogram: Momentum difference (positive = green, negative = pink) ▲ Green Triangle: Bullish trend detected (when filter enabled) ▼ Red Triangle: Bearish trend detected (when filter enabled) ◈ Yellow Diamond: Neutral/sideways trend (when filter enabled) Pro Tips 💡 Look for crossovers between the momentum lines as potential trade signals 💡 Combine with volume analysis for stronger confirmation 💡 Use momentum divergence (price making new highs/lows while momentum doesn't) for reversal signals 💡 Enable trend filter during ranging markets to reduce false signals 💡 Experiment with different momentum types to find what works best for your trading style Technical Requirements TradingView Pine Script Version: v6 Chart Type: Works on all chart types Indicator Placement: Separate pane (overlay=false) Data Requirements: Needs access to comparison symbol data
Pine Script® indicator
by AlgoCollective
1
Engulfing Detector [HASIB]Description: Engulfing Detector is a clean and powerful candlestick pattern indicator designed to automatically detect Bullish and Bearish Engulfing setups on any chart and any timeframe. This tool helps traders easily spot reversal zones and potential trend continuation entries by highlighting high-probability engulfing candles with clear visual signals. 🔹 Features: Detects both Bullish and Bearish Engulfing patterns in real time Works on all timeframes and all assets (Forex, Crypto, Stocks, Indices) Customizable color alerts for bullish and bearish signals Lightweight, fast, and optimized for smooth performance Perfect for price action traders and candlestick strategy lovers 📈 Created with precision and simplicity by Hasib, for traders who love clarity and confidence in their charts.
Pine Script® indicator
by hsf2025