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Candlestick analysis

Choch Pattern Levels WITH ALERTS [credit to: @BigBeluga]🔵 OVERVIEW The Choch Pattern Levels WITH ALERTS indicator automatically detects Change of Character (CHoCH) shifts in market structure — crucial moments that often signal early trend reversals or major directional transitions. It plots the structural break level, visualizes the pattern zone with triangle overlays, and tracks delta volume to help traders assess the strength behind each move. Now, an additional feature of alerts have been included! 🔵 CONCEPTS CHoCH Pattern: A bullish CHoCH forms when price breaks a previous swing high after a swing low, while a bearish CHoCH appears when price breaks a swing low after a prior swing high. snapshot Break Level Mapping: The indicator identifies the highest or lowest point between the pivot and the breakout, marking it with a clean horizontal level where price often reacts. snapshot Delta Volume Tracking: Net bullish or bearish volume is accumulated between the pivot and the breakout, revealing the momentum and conviction behind each CHoCH. snapshot Chart Clean-Up: If price later closes through the CHoCH level, the zone is automatically removed to maintain clarity and focus on active setups only. 🔵 FEATURES Automatic CHoCH pattern detection using pivot-based logic. Triangle shapes show structure break: pivot → breakout → internal high/low. snapshot snapshot Horizontal level marks the structural zone with a ◯ symbol. snapshot Optional delta volume label with directional sign (+/−). Green visuals for bullish CHoCHs, red for bearish. Fully auto-cleaning invalidated levels to reduce clutter. Clean organization of all lines, labels, and overlays. User-defined Length input to adjust pivot sensitivity. snapshot NEW! - alert system inserted to Pinescript for either: any triangle forms or whether a bullish "green" triangle or bearish "red" triangle forms - providing real-time alerts for whenever timeframe chart you've selected while creating the alert. 🔵 HOW TO USE Use CHoCH levels as early trend reversal zones or confirmation signals. Treat bullish CHoCHs as support zones, bearish CHoCHs as resistance. Look for high delta volume to validate the strength behind each CHoCH. Combine with other BigBeluga tools like supply/demand, FVGs, or liquidity maps for confluence. Adjust pivot Length based on your strategy — shorter for intraday, longer for swing trading. 🔵 CONCLUSION Choch Pattern Levels WITH ALERTS highlights key structural breaks that can mark the start of new trends. By combining precise break detection with volume analytics and automatic cleanup, it provides actionable insights into the true intent behind price moves — giving traders a clean edge in spotting early reversals and key reaction zones with real-time alerts for precision to evaluate and enter markets.
Pine Script® indicator
by nelsonjeanlouis
ATR Channel (Bottom & Top)The ATR Channel (Bottom & Top) indicator dynamically visualizes market volatility zones based on the Average True Range (ATR). It automatically builds adaptive upper and lower boundaries around the current price, helping traders identify potential market extremes, volatility-driven reversals, and dynamic support/resistance levels. This version is specifically optimized for Bitcoin (BTCUSDT) but works with any asset or timeframe. ⚙️ How It Works The indicator calculates ATR over a user-defined period (default 200) and applies separate multipliers for the top and bottom bands (default ×1). The Top Band = Close + (ATR × Multiplier) The Bottom Band = Close - (ATR × Multiplier) These two adaptive bands create a volatility envelope, allowing traders to visualize where the price may encounter potential exhaustion or reversal zones. 💡 Signal Logic LONG Signal (Green Tab): Triggered when the low of the candle touches or dips below the ATR bottom line — suggesting a possible oversold or volatility-based bottoming area. The label displays the exact ATR line value (not the close), formatted for better readability (e.g. “LONG 103 885”). SELL Signal (Red Tab): Triggered when the high of the candle touches or exceeds the ATR top line — signaling possible overbought conditions or an exhaustion zone. Signal Filtering: The script intelligently avoids duplicate signals — e.g., multiple consecutive LONGs or SELLs will not appear until the opposite signal is triggered. This ensures cleaner visualization and reduces signal noise during consolidation periods. 🎯 Features ✅ Adaptive ATR-based volatility channel ✅ Automatic LONG/SELL signal labeling with real ATR-touch prices ✅ Customizable parameters: ✅ Intelligent filtering (one signal per phase) ✅ Works on any market and timeframe (crypto, forex, indices, stocks) 🧭 Trading Applications Identify volatility extremes (ATR-based overbought/oversold zones) Detect reversal points or exhaustion moves after extended trends Use with trend filters (e.g. EMA200) to confirm trend continuation vs mean reversion setups Combine with oscillators (RSI, Stoch) for confluence signals 📊 Summary The ATR Channel (Bottom & Top) provides a clear, professional-grade visualization of volatility dynamics and price extremes. It is especially useful for traders using mean-reversion, volatility breakout, or swing-trading strategies — helping them identify statistically significant reaction zones and improving trade timing precision.
Pine Script® indicator
by hlib_yakushev
MACD crossover while RSI Oversold/Overbought# MACD Crossover with RSI Overbought/Oversold Indicator Explained ## Indicator Overview This is a trading signal system that combines two classic technical indicators: **MACD (Moving Average Convergence Divergence)** and **RSI (Relative Strength Index)**. Its core logic is: MACD crossover signals are only triggered when RSI is in extreme zones (overbought/oversold), thereby filtering out many false signals and improving trading accuracy. ## Core Principles ### 1. **Dual Confirmation Mechanism** This indicator doesn't use MACD or RSI alone, but requires both conditions to be met simultaneously: - **Short Signal (Orange Triangle)**: MACD bearish crossover (fast line crosses below signal line) + RSI was overbought (≥71) - **Long Signal (Green Triangle)**: MACD bullish crossover (fast line crosses above signal line) + RSI was oversold (≤29) ### 2. **RSI Memory Function** The indicator checks the RSI values of the current and past 5 candlesticks. As long as any one of them reaches the overbought/oversold level, the condition is satisfied. This design avoids overly strict requirements, as RSI may have already left the extreme zone before the MACD crossover occurs. ```pine wasOversold = rsi <= 29 or rsi <= 29 or ... or rsi <= 29 wasOverbought = rsi >= 71 or rsi >= 71 or ... or rsi >= 71 ``` ## Parameter Settings ### MACD Parameters - **Fast MA**: 12 periods (adjustable 7-∞) - **Slow MA**: 26 periods (adjustable 7-∞) - **Signal Line**: 9 periods ### RSI Parameters - **Oversold Threshold**: 29 (traditional 30) - **Overbought Threshold**: 71 (traditional 70) - **Calculation Period**: 14 ## Visual Elements ### 1. **Signal Markers** - 🔻 **Orange Downward Triangle**: Appears above the candlestick, labeled "overbought", indicating a shorting opportunity - 🔺 **Green Upward Triangle**: Appears below the candlestick, labeled "oversold", indicating a long opportunity ### 2. **Price Level Lines** - **Orange Dashed Line**: Extends rightward from the high of the short signal, serving as a potential resistance level - **Green Dashed Line**: Extends rightward from the low of the long signal, serving as a potential support level Each time a new signal appears, the old level line is deleted, keeping only the most recent reference line. ## Trading Logic Explained ### Short Signal Scenario 1. Price rises, RSI surges above 71 (market overheated) 2. Momentum subsequently weakens, MACD fast line crosses below signal line 3. Indicator draws an orange triangle at the high, alerting to reversal risk 4. Orange dashed line marks the high point of the short entry position ### Long Signal Scenario 1. Price falls, RSI drops below 29 (market oversold) 2. Selling pressure exhausted, MACD fast line crosses above signal line 3. Indicator draws a green triangle at the low, suggesting a rebound opportunity 4. Green dashed line marks the low point of the long entry position ## Advantages and Limitations ### ✅ Advantages - **Filters Noise**: Reduces false signals through dual confirmation - **Captures Reversals**: Catches trend reversals in extreme conditions - **Visual Clarity**: Level lines help identify support/resistance - **Built-in Alerts**: Can set up message push notifications ### ⚠️ Limitations - **Lag**: Both indicators are lagging, signals may be delayed - **Poor Performance in Ranging Markets**: Prone to whipsaws during consolidation - **Needs Other Analysis**: Should not be the sole decision-making basis - **Parameter Sensitivity**: Different markets and timeframes may require parameter adjustments ## Practical Trading Suggestions 1. **Confirm Trend Context**: Counter-trend signals carry high risk in strong trending markets 2. **Combine with Candlestick Patterns**: Confirm with patterns (such as engulfing, hammer candles) 3. **Set Stop Losses**: Use level lines as stop-loss references (long stop below green line, short stop above orange line) 4. **Watch Volume**: Signals accompanied by high volume are more reliable 5. **Multi-Timeframe Verification**: Signals appearing simultaneously on daily and 4-hour charts are more credible ## Summary This indicator follows the "mean reversion from extremes" philosophy, seeking reversal opportunities when market sentiment becomes excessive. It's suitable for auxiliary judgment, particularly in swing trading and position trading strategies. But remember, no indicator is perfect—always combine risk management and multi-dimensional analysis when making trading decisions
Pine Script® indicator
by YAMAGUCHI-KUNI
Momentum Squeeze Candle [Darwinian]# Momentum Squeeze Candle Professional squeeze detection indicator with Wyckoff accumulation/distribution analysis and multi-method momentum signals. ## Overview Identifies volatility compression (squeeze) periods and provides intelligent momentum direction signals based on institutional accumulation/distribution patterns. ## Features 6 Squeeze Detection Methods: • BB + KC (Classic) - John Carter's TTM Squeeze • ATR Ratio - Volatility compression detection • Choppiness Index - Ranging vs trending analysis • BB Width - Bollinger Band contraction • Volume Contraction - Drying volume detection • Hybrid Multi-Method - Ensemble approach (3+ methods must agree) Smart Momentum Direction: • Priority 1: Wyckoff signals (ATR compression + volume analysis) • Priority 2: RSI momentum (55/45 thresholds) • Priority 3: Hybrid slope + momentum confirmation Visual Indicators: • Blue candle coloring during squeeze • Green circles = Bullish momentum (accumulation detected) • Red circles = Bearish momentum (distribution detected) • Optional BB/KC band overlay ## How It Works Wyckoff Accumulation (Bullish): ATR compressing + volume drying + price holding above MA = Smart money accumulating → Green circle signals Wyckoff Distribution (Bearish): ATR expanding + volume surging + price failing below MA = Smart money distributing → Red circle signals ## Recommended Settings Swing Trading (Daily/4H): Method: BB + KC or Hybrid | Sensitivity: 1.2-1.5 Day Trading (15m-1H): Method: ATR Ratio or BB Width | Sensitivity: 0.8-1.0 Scalping (1m-5m): Method: Volume Contraction | Sensitivity: 0.7-0.9 High Probability: Method: Hybrid Multi-Method | Min Score: 4/5 | Sensitivity: 1.5 ## Key Advantages ✓ Multiple squeeze detection algorithms for different market conditions ✓ Wyckoff methodology for institutional activity detection ✓ Priority-based momentum system reduces false signals ✓ Clean, optimized code (70% faster than typical indicators) ✓ Fully customizable sensitivity and visual settings ## Usage 1. Choose squeeze detection method based on your trading style 2. Watch for blue candles (squeeze active) 3. Monitor momentum signals: - Green circles below bars = Accumulation phase (bullish) - Red circles below bars = Distribution phase (bearish) 4. Trade the breakout in the direction of momentum signals ## Notes • All inputs hidden from status line by default for clean charts • Works on all timeframes and asset classes • Combine with your trading strategy for confirmation • Best results when multiple priority signals align Perfect for traders looking to identify consolidation periods and predict breakout direction using institutional accumulation/distribution patterns.
Pine Script® indicator
by DarwinDarma
Advanced Multi-EMA System with Dashboard📋 Table of Contents- Overview Setup & Installation Indicator Configuration Trading Signals Dashboard Interpretation Trading Strategy Risk Management Advanced Features 🎯 Overview This comprehensive trading system combines multiple EMA timeframes with advanced market analysis to provide complete market context. It's designed for both swing trading and day trading across all timeframes. ⚡ Setup & Installation Step 1: Access Pine Script Editor Open TradingView Select your preferred chart Click "Pine Editor" at the bottom of the screen Remove any existing code Paste the complete script I provided Click "Add to Chart" Step 2: Initial Configuration pinescript // Basic Setup: EMA Type: EMA/TMA/RMA/SMA (default: EMA) Show EMA 9: ON Show EMA 21: ON Show EMA 150: ON Show EMA 200: ON ⚙️ Indicator Configuration EMA Types Explained: EMA (Exponential Moving Average): More weight to recent prices SMA (Simple Moving Average): Equal weight to all prices RMA (Relative Moving Average): Modified EMA calculation TMA (Triangular Moving Average): Double-smoothed average Recommended Settings: pinescript // Day Trading (1-15 min charts): EMA 9: Fast momentum EMA 21: Short-term trend EMA 150: Medium-term trend EMA 200: Long-term trend // Swing Trading (1H-4H charts): Use same lengths but adjust trailing stop parameters 📊 Dashboard Interpretation Trend Analysis Section: PRIMARY TREND: EMA 150 vs EMA 200 (Long-term) SECONDARY TREND: EMA 21 vs EMA 150 (Medium-term) HTF TREND: 1-hour timeframe context Score Interpretation: TREND STRENGTH: -1.0 to +1.0 +0.5 to +1.0: Strong Bullish 0 to +0.5: Mild Bullish -0.5 to 0: Mild Bearish -1.0 to -0.5: Strong Bearish MOMENTUM SCORE: RSI-based Above +0.2: Bullish momentum Below -0.2: Bearish momentum VOLATILITY SCORE: ATR-based Above 0.5: High volatility (caution) Below 0.5: Low volatility Volume Analysis: VOLUME STRENGTH: Current vs average volume BUYER/SELLER BALANCE: Cumulative delta calculation 🎯 Trading Signals Long Entry Conditions: pinescript 1. EMA 150 crosses ABOVE EMA 200 2. Primary Trend shows BULLISH 3. Trend Strength > 0.3 4. Momentum Score > 0 Short Entry Conditions: pinescript 1. EMA 150 crosses BELOW EMA 200 2. Primary Trend shows BEARISH 3. Trend Strength < -0.3 4. Momentum Score < 0 Entry Confirmation: Wait for these additional confirmations: Price closes above EMA 21 for long entries Price closes below EMA 21 for short entries Volume strength confirming the move 💡 Trading Strategy Bullish Market Setup: text OVERALL BIAS: STRONG BULLISH PRIMARY TREND: BULLISH SECONDARY TREND: BULLISH TREND STRENGTH: > 0.5 MOMENTUM: > 0.2 ACTION: Look for long entries on pullbacks Bearish Market Setup: text OVERALL BIAS: STRONG BEARISH PRIMARY TREND: BEARISH SECONDARY TREND: BEARISH TREND STRENGTH: < -0.5 MOMENTUM: < -0.2 ACTION: Look for short entries on bounces Range-bound Market: text OVERALL BIAS: NEUTRAL TREND STRENGTH: -0.3 to +0.3 ACTION: Avoid trend trades, consider mean reversion 🛡️ Risk Management Position Sizing: pinescript // Conservative: 1-2% risk per trade // Moderate: 2-3% risk per trade // Aggressive: 3-5% risk per trade (not recommended) Stop Loss Placement: Initial Stops: Long positions: Below recent swing low or EMA 150 Short positions: Above recent swing high or EMA 150 Trailing Stops: Uses fast EMA (default: 8-period) Automatically adjusts as price moves in your favor Can be disabled in settings Exit Strategies: Profit Taking: Take 50% profit at 1:1 risk-reward ratio Trail remainder with fast EMA Emergency Exits: pinescript // Long Position Exit: 1. Price rejection at highs (bearish engulfing) 2. EMA 9 crosses below EMA 21 3. Close below trailing stop 4. Trend Strength turns negative // Short Position Exit: 1. Price rejection at lows (bullish engulfing) 2. EMA 9 crosses above EMA 21 3. Close above trailing stop 4. Trend Strength turns positive 🚀 Advanced Features Multi-Timeframe Analysis: The script automatically analyzes the 1-hour timeframe to: Confirm primary trend direction Identify higher timeframe support/resistance Avoid trading against major trend Volume Analysis: Institutional Activity Detection: Unusually high volume on breakouts Declining volume on pullbacks Buyer/Seller balance showing dominance Market Structure Assessment: Bullish Structure: Price above all EMAs Higher highs and higher lows Strong volume on up moves Bearish Structure: Price below all EMAs Lower highs and lower lows Strong volume on down moves 📈 Practical Trading Examples Example 1: Perfect Long Setup text DASHBOARD READING: PRIMARY TREND: BULLISH ✅ SECONDARY TREND: BULLISH ✅ TREND STRENGTH: 0.72 ✅ MOMENTUM: 0.35 ✅ VOLUME: STRONG ✅ BUYER/SELLER: 0.45 ✅ MARKET STRUCTURE: BULLISH ✅ TRADING SIGNAL: LONG SETUP ✅ ACTION: Enter long on pullback to EMA 21 STOP LOSS: Below EMA 150 TARGET: Previous resistance level Example 2: Avoid This Trade text DASHBOARD READING: PRIMARY TREND: BULLISH ✅ SECONDARY TREND: BEARISH ❌ TREND STRENGTH: 0.15 ❌ MOMENTUM: -0.10 ❌ VOLUME: WEAK ❌ BUYER/SELLER: -0.20 ❌ MARKET STRUCTURE: NEUTRAL ❌ TRADING SIGNAL: NO SIGNAL ✅ ACTION: Stay out - conflicting signals REASON: Weak momentum, bearish secondary trend 🔧 Customization Tips For Scalpers (1-5 minute charts): pinescript ema9_len: 5 ema21_len: 13 fast_ema_stop_len: 3 For Swing Traders (4H-Daily charts): pinescript ema9_len: 9 ema21_len: 21 ema150_len: 50 ema200_len: 200 Color Customization: You can modify colors in the script: Change color.green to your preferred bullish color Change color.red to your preferred bearish color Adjust transparency with color.new(color, transparency) ❌ Common Mistakes to Avoid Trading Against Primary Trend Don't go long when PRIMARY TREND is BEARISH Don't go short when PRIMARY TREND is BULLISH Ignoring Risk Levels HIGH RISK warning means reduce position size LOW RISK means normal trading conditions Chasing Entries Wait for pullbacks in trending markets Don't FOMO when signal appears late Overriding the System Trust the dashboard readings Don't let emotions override signals ✅ Best Practices Daily Routine: Check higher timeframes first Read dashboard before placing trades Set alerts for key levels Trade Management: Set stops immediately after entry Monitor trailing stops daily Take partial profits at targets Performance Tracking: Keep trade journal Review dashboard accuracy Adjust parameters if needed 🆘 Troubleshooting Common Issues: Alerts Not Working: Check TradingView alert settings Ensure "Once Per Bar" is selected Verify you're on real-time data Dashboard Not Showing: Check "Show Dashboard" is enabled Ensure you're viewing latest bar Try refreshing the chart Lines Not Plotting: Verify EMA toggles are ON Check for sufficient historical data Ensure script compiled without errors 🎉 Conclusion This system provides everything you need for professional trading: ✅ Clear entry/exit signals ✅ Comprehensive market analysis ✅ Built-in risk management ✅ Real-time alerts ✅ Multi-timeframe context Remember: No system is perfect. Always combine with price action analysis and proper risk management.
Pine Script® indicator
by lohanineeraj
ADX + Envelope AutoOptimizer MTF Analyzer🔹 ADX + Envelope AutoOptimizer v8.1 Smart hybrid system combining ADX trend strength and Envelope volatility for dynamic optimization and performance tracking. Features: Auto-optimizer (3×3×3 grid: Length, Percent, ADX Threshold) MTF Analyzer (30m → 1D) with color-coded stats Real-time self-calculated metrics: Net Profit, Win Rate, Profit Factor Automatic Buy/Sell/Short/Cover signals Highlighted best timeframe (green background) Fully dynamic, no repaint, multi-market compatible Profit Factor Colors: > 🟢 >2.0 Excellent 🟩 1.5–2.0 Good 🟡 1.0–1.5 Moderate 🔴 <1.0 Weak Note: This tool is designed for analytical and educational purposes only — not financial advice.
Pine Script® strategy
by Tspor61
Price Action [False Break+BreakOut]⚙️ Core Features Pivot Point Detection Customizable Pivot Detection: Set left and right length for pivot identification Pivot Classification: Higher High (HH): New high higher than previous high Lower High (LH): New high but lower than previous high Higher Low (HL): New low but higher than previous low Lower Low (LL): New low lower than previous low Visual Display Options Triangle Markers: ▲/▼ symbols at pivot points Price Labels: Display exact price values at pivot points Support/Resistance Lines: Horizontal lines from pivot points Fractal Chaos Channel: Display as channel lines Breakout Detection Breakout: Close above Pivot High Breakdown: Close below Pivot Low Visual Signals: Arrow icons and text labels ⬆️/⬇️ 🚨 Special Feature: False Break Detection How False Break Works Tracks Recent Breakouts/Breakdowns Monitors Reversals within specified number of bars Uses Engulfing Conditions to confirm False Break signals False Break Settings Validation Bars: Configurable 1-10 bars for confirmation Engulfing Check Options: Include Candle Shadows: Check entire candle (body + shadows) Body Only: Check only candle body Customizable Colors and Text Sizes False Break Signals 💥FalseB!!: False Break upward (Price breaks out then reverses down) 🚀FalseB!!: False Break downward (Price breaks down then reverses up) 📊 Trading Applications For Price Action Traders Identify market structure and trends Locate key support/resistance from pivot points Detect trend change patterns For Breakout Trading Distinguish between genuine breakouts and false breaks Enter trades on confirmed breakouts Set stop losses for false break trades Risk Management False Break Trading: Enter positions when false break detected Genuine Breakouts: Wait for confirmation before entering Use Pivot Levels for TP/SL placement 🎨 Customization Options Selective Pivot Display: Choose which pivots to show (HH, LH, HL, LL) Color and Style Adjustments Bar Limit Settings: Control how many bars to display Label and Text Size customization
Pine Script® indicator
by titakunna_tk
MAOs🌟 **MAOs By A8/4 — The Ultimate Indicator for XAUUSD Trading** 🌟 An intelligent **automated system** designed exclusively for **gold trading**, equipped with everything you need in one tool 🔥 💡 **Key Features of MAOs By A8/4** ✅ **Auto Entry Signals** Automatically detects trade opportunities using a **refined MACD Histogram formula** for enhanced accuracy. Displays **LONG/SHORT arrows only on the first bar** to keep your chart clean and readable. ✅ **Auto Take Profit & Stop Loss System (Auto TP/SL)** Once a signal appears, the system automatically sets: * **TP1 = +15 USD** * **TP2 = +25 USD** * **SL = -10 USD** These levels are displayed as **dashed lines** on the chart — clear and updated in real-time. ✅ **Smart DCA System (3 Orders)** Works for both LONG and SHORT positions: * **Order 1:** Entry upon signal confirmation (after candle close) * **Order 2:** Entry at 5 USD below/above Order 1 * **Order 3:** Entry at another 5 USD below/above Order 2 The system automatically **calculates the average entry price** and **adjusts the SL** to -10 USD from the average cost. This helps **spread risk** and **increase recovery potential** when prices rebound 💰 ✅ **Specially Designed for XAUUSD Trading** Compatible with both **Spot Gold** and **TFEX Gold Futures**. Perfect for traders who value **clear, structured entry and exit strategies**.
Pine Script® indicator
by Csmile_
Mother & Baby — Nifty 5m (Bull/Bear)The Mother & Baby — Nifty 5m (Bull/Bear) indicator automatically detects two-bar inside-bar patterns, where the second (child) candle is completely within the previous (mother) candle. It highlights potential bullish or bearish setups using boxes, labels, and alerts. Includes optional ATR filtering, high/low guide lines, and customizable visuals for clear pattern recognition. Designed for educational and analytical use only — not financial advice.
Pine Script® indicator
by innocentqaleel
RSI Cross Logic (Buy/Sell Dots)Certainly — here’s a **professionThis indicator identifies high-probability trend reversals by analyzing the psychological rhythm of RSI behavior. It detects the initial momentum shift when RSI crosses its smoothed average, waits for a natural hesitation phase (a dip or bounce), and confirms reversal only when traders re-commit in the dominant direction. Green and blue dots mark early bullish formation; aqua triangles confirm Buy signals. Red and orange dots mark early bearish formation; yellow triangles confirm Sell signals. A refined blend of momentum confirmation and trader psychology designed to filter noise and pinpoint genuine reversals.
Pine Script® indicator
by jaydipali622018
Trendline Detector - 3 TimeframesThis advanced Pine Script indicator automatically identifies and draws diagonal support and resistance trendlines across three customizable timeframes simultaneously. Key Features: Multi-Timeframe Analysis: Configure three independent sets (A, B, C) to analyze different timeframes on a single chart Smart Pivot Detection: Identifies local minimums and maximums based on open/close prices rather than wicks, reducing false signals from volatile candle shadows Automatic Trendline Drawing: Calculates ascending support lines from pivot lows and descending resistance lines from pivot highs Touch Validation: Only displays trendlines that meet your minimum touch requirements, ensuring statistical significance Customizable Parameters: Full control over lookback period, pivot window size, deviation tolerance, and minimum touches for each timeframe Visual Pivot Markers: Optional display of all detected pivot points with color-coded arrows (green for lows, red for highs) Extended Lines: All valid trendlines extend to the right for forward projection How It Works: The indicator scans historical bars within your specified lookback period to identify pivot points. It then evaluates all possible trendline combinations, counting how many price points touch each potential line within your deviation tolerance. The trendline with the most touches (meeting your minimum requirement) is displayed. Parameter Breakdown: Each set (A, B, C) includes five critical parameters: Timeframe: The chart timeframe for analysis (e.g., "1" for 1-minute, "15" for 15-minute, "1D" for daily) Lookback Bars: How many historical bars to scan for pivot points (default: 250). Higher values capture longer-term trends but may increase computation time. Min Touches: Minimum number of price touches required for a trendline to be considered valid (default: 3). Higher values ensure stronger, more reliable trendlines but may filter out emerging trends. Deviation %: Percentage tolerance for what constitutes a "touch" (default: 0.1-1.0%). A 0.5% deviation means prices within 0.5% of the theoretical trendline are counted as touches. Lower values create stricter trendlines; higher values are more forgiving. Pivot Window: Number of bars on each side used to identify local highs/lows (default: 5). A pivot window of 5 means the center bar must be the highest/lowest among 11 bars total (5 left + center + 5 right). Larger values identify more significant pivots but may miss shorter-term turning points. Display Options: Show Min/Max Points: Toggle visibility of pivot point markers to see exactly which price levels the algorithm identified as potential trendline anchors. Perfect For: Swing traders looking for multi-timeframe confluence zones Technical analysts who rely on diagonal support/resistance levels Traders who want automated trendline detection without manual drawing Anyone seeking to identify trend channels and breakout opportunities Color Coding: Support lines are displayed in green with varying transparency, while resistance lines appear in red. Each timeframe set can be independently enabled/disabled based on which chart timeframe you're currently viewing, preventing clutter and maintaining clarity. Technical Notes: The indicator uses efficient algorithms to process large datasets while maintaining accuracy. It avoids repainting by only considering confirmed pivot points. The algorithm prioritizes trendlines with more touches and, in case of ties, favors more recent formations with steeper angles for maximum relevance.
Pine Script® indicator
by ariel_kopi
Aroon RSI Logic — Customizable + No-Trade RSI ZoneThis indicator — **“Aroon RSI Logic — Customizable + No-Trade RSI Zone”** — is designed to help traders identify high-probability turning points in the market by combining **trend momentum (Aroon)** with **relative strength dynamics (RSI)**, while also protecting against emotional or impulsive trading through structured filters and psychological safeguards. --- ### 🧠 **Concept Overview** At its core, the system balances **trend confirmation** with **momentum moderation**. It seeks to enter trades only when technical alignment suggests both exhaustion of a recent move and early signs of a potential reversal — while filtering out market noise and emotionally driven trades in neutral or extreme conditions. This design encourages **discipline**, **patience**, and **objectivity**, three of the most critical psychological traits of successful traders. --- ### 📊 **Core Components** #### 1. **Aroon Structure Awareness** The Aroon indicator measures how recently price has reached a new high or low within a specific period, reflecting trend strength and potential exhaustion. * When **Aroon Down** approaches the predefined target level, it suggests the market has not made new lows for several bars — an early indication that bearish momentum may be fading. * Conversely, when **Aroon Up** nears the target, bullish strength may be waning. This mechanism trains the trader’s mind to **look for transitions** — moments when dominant sentiment begins to lose control. --- #### 2. **RSI Momentum Confirmation** The RSI (Relative Strength Index) and its smoothed version act as dual filters to confirm emotional extremes and trend shifts in momentum. * When RSI significantly diverges from its smoothed version, it often reflects **emotional spikes** or **unsustainable acceleration**. * The system only allows trades when the RSI difference remains within a defined limit, fostering entries during **balanced, rational phases** of the market rather than moments of panic or euphoria. This approach supports **emotional discipline**, discouraging entries when crowd psychology dominates decision-making. --- #### 3. **No-Trade RSI Zone** A critical safeguard is the **“No-Trade Zone”**, defined by specific RSI thresholds. When RSI is too low (oversold) or too high (overbought), traders are often tempted to act impulsively — either out of fear or greed. By preventing entries during these phases, the indicator helps traders **avoid psychological traps** such as: * Chasing reversals prematurely. * Getting caught in continuation moves driven by crowd emotion. It reinforces a mindset of **restraint** and **selective participation**. --- #### 4. **Time-Based Discipline Filter** The session filters allow trading only within designated market hours (for example, morning and afternoon sessions). This enforces **structured activity**, reducing exposure to low-volume, erratic periods when decision fatigue or overtrading tendencies often arise. It mirrors the behavior of professional traders who work within time-framed playbooks rather than emotional impulses. --- ### 🟢 **Buy Logic** Buy opportunities arise when: * Downward momentum (Aroon Down) weakens near the target level, * RSI behavior supports balanced momentum or mild recovery, and * Emotional extremes are absent. This combination reflects a **calm, data-driven reversal environment**, ideal for contrarian but controlled entries. --- ### 🔴 **Sell Logic** Sell signals appear when: * Upward momentum (Aroon Up) softens around the target, * RSI confirms slowing bullish pressure, and * Market sentiment shows fatigue without panic. It aligns with a **psychologically sound exit or shorting scenario**, avoiding reactionary decisions. --- ### 🧩 **Psychological Philosophy** This tool isn’t just a signal generator — it’s a **trader’s behavioral framework**. By combining structured logic, volatility filters, and emotional control zones, it helps cultivate: * **Patience** to wait for qualified setups. * **Confidence** to act when all conditions align. * **Detachment** from impulsive market movements. It transforms trading from a reactive habit into a **strategic execution process** rooted in logic and emotional balance. ---
Pine Script® indicator
by jaydipali622018
CRT 4H/1D + FVG + OB (Entry/SL/TP Alerts) — v2.0 Gökhan//@version=5 indicator("CRT 4H/1D + FVG + OB (Entry/SL/TP Alerts) — v2.0", overlay=true, max_labels_count=500, max_lines_count=500) //──── Inputs use4H = input.bool(true, "Use 4H CRT") use1D = input.bool(true, "Use 1D CRT") needFVG = input.bool(true, "Require FVG confirmation") useOBfilter = input.bool(false, "Require simple OB filter (prev body mid)") lookFVGbars = input.int(5, "FVG lookback bars", minval=2, maxval=20) atrLen = input.int(14, "ATR Length", minval=5) atrMult = input.float(0.5, "ATR SL buffer (xATR)", step=0.05) lineW = input.int(2, "Line Width", minval=1, maxval=4) boxTransp = input.int(85, "Range Box Transparency", minval=0, maxval=100) showBoxes = input.bool(true, "Show HTF Range Boxes") showLines = input.bool(true, "Show HTF Lines & 50%") showPlan = input.bool(true, "Show Entry/SL/TP lines when active") persistBars = input.int(30, "Keep plan on chart (bars)", minval=5, maxval=500) //──── Colors col4H = color.new(color.teal, 0) col1D = color.new(color.orange, 0) colUp = color.new(color.lime, 0) colDn = color.new(color.red, 0) colMid = color.new(color.gray, 30) colPlan = color.new(color.blue, 0) //──── Helpers: previous HTF candle OHLC f_prevHTF(tf) => hh = request.security(symbol=syminfo.tickerid, timeframe=tf, expression=high , gaps=barmerge.gaps_off, lookahead=barmerge.lookahead_off) ll = request.security(symbol=syminfo.tickerid, timeframe=tf, expression=low , gaps=barmerge.gaps_off, lookahead=barmerge.lookahead_off) = f_prevHTF("240") = f_prevHTF("D") H4_hi = nz(H4_hi_raw) H4_lo = nz(H4_lo_raw) D1_hi = nz(D1_hi_raw) D1_lo = nz(D1_lo_raw) H4_mid = (H4_hi + H4_lo)/2.0 D1_mid = (D1_hi + D1_lo)/2.0 //──── Local h = high, l = low, c = close, o = open //──── CRT: Sweep & Reclaim H4_upSweep = use4H and (h > H4_hi) and (c < H4_hi) // yukarı süpür → aşağı dönüş H4_dnSweep = use4H and (l < H4_lo) and (c > H4_lo) // aşağı süpür → yukarı dönüş D1_upSweep = use1D and (h > D1_hi) and (c < D1_hi) D1_dnSweep = use1D and (l < D1_lo) and (c > D1_lo) // Hangi TF tetikledi? Öncelik: 4H sonra 1D (isteğe göre değiştirilebilir) bearSweep = H4_upSweep or (not H4_upSweep and D1_upSweep) bullSweep = H4_dnSweep or (not H4_dnSweep and D1_dnSweep) useH4levels = H4_upSweep or H4_dnSweep rngHi = useH4levels ? H4_hi : D1_hi rngLo = useH4levels ? H4_lo : D1_lo rngMid= useH4levels ? H4_mid: D1_mid //──── FVG (classic 3-candle) // Bullish FVG at bar i: low > high // Bearish FVG at bar i: high < low f_hasBullFVG(window) => ok = false for i = 0 to window-1 ok := ok or (low > high ) ok f_hasBearFVG(window) => ok = false for i = 0 to window-1 ok := ok or (high < low ) ok bullFVG = f_hasBullFVG(lookFVGbars) // yukarı dönüş teyidi bearFVG = f_hasBearFVG(lookFVGbars) // aşağı dönüş teyidi //──── Basit OB filtresi (prev body midpoint reclaim) // Bullish: c > (o +c )/2 // Bearish: c < (o +c )/2 prevMid = (o + c ) / 2.0 bullOBok = c > prevMid bearOBok = c < prevMid // Zorunlu teyit seti bullConfirm = (not needFVG or bullFVG) and (not useOBfilter or bullOBok) bearConfirm = (not needFVG or bearFVG) and (not useOBfilter or bearOBok) // Nihai SETUP (yön + teyit) bearSetup = bearSweep and bearConfirm bullSetup = bullSweep and bullConfirm //──── Lines & Boxes plot(showLines and use4H ? H4_hi : na, "4H High", col4H, lineW, plot.style_linebr) plot(showLines and use4H ? H4_lo : na, "4H Low", col4H, lineW, plot.style_linebr) plot(showLines and use4H ? H4_mid: na, "4H 50%", colMid, 1, plot.style_linebr) plot(showLines and use1D ? D1_hi : na, "1D High", col1D, lineW, plot.style_linebr) plot(showLines and use1D ? D1_lo : na, "1D Low", col1D, lineW, plot.style_linebr) plot(showLines and use1D ? D1_mid: na, "1D 50%", colMid, 1, plot.style_linebr) var box h4Box = na var box d1Box = na if showBoxes and barstate.islast if use4H and not na(H4_hi) and not na(H4_lo) if na(h4Box) h4Box := box.new(bar_index-1, H4_lo, bar_index, H4_hi, bgcolor=color.new(col4H, boxTransp), border_color=col4H) else box.set_left(h4Box, bar_index-1), box.set_right(h4Box, bar_index) box.set_bottom(h4Box, H4_lo), box.set_top(h4Box, H4_hi) if use1D and not na(D1_hi) and not na(D1_lo) if na(d1Box) d1Box := box.new(bar_index-1, D1_lo, bar_index, D1_hi, bgcolor=color.new(col1D, boxTransp), border_color=col1D) else box.set_left(d1Box, bar_index-1), box.set_right(d1Box, bar_index) box.set_bottom(d1Box, D1_lo), box.set_top(d1Box, D1_hi) //──── Entry/SL/TP Plan (stateful) atr = ta.atr(atrLen) tick = syminfo.mintick var bool planActive = false var bool planBull = na var float planEntry = na var float planSL = na var float planTP1 = na var float planTP2 = na var int planBars = 0 // Yeni setup oluştuğunda plan kur if barstate.isconfirmed if bearSetup planActive := true, planBull := false planEntry := rngHi // retest: prev High planSL := math.max(high, rngHi) + atrMult*atr planTP1 := rngMid planTP2 := rngLo planBars := 0 label.new(bar_index, high, "CRT BEAR setup Entry≈"+str.tostring(planEntry)+" SL≈"+str.tostring(planSL)+" TP1≈"+str.tostring(planTP1)+" TP2≈"+str.tostring(planTP2), style=label.style_label_down, color=color.new(colDn,0), textcolor=color.white, size=size.tiny) if bullSetup planActive := true, planBull := true planEntry := rngLo // retest: prev Low planSL := math.min(low, rngLo) - atrMult*atr planTP1 := rngMid planTP2 := rngHi planBars := 0 label.new(bar_index, low, "CRT BULL setup Entry≈"+str.tostring(planEntry)+" SL≈"+str.tostring(planSL)+" TP1≈"+str.tostring(planTP1)+" TP2≈"+str.tostring(planTP2), style=label.style_label_up, color=color.new(colUp,0), textcolor=color.white, size=size.tiny) // Plan takibi entryTouched = planActive and ((planBull and low <= planEntry) or (not planBull and high >= planEntry)) tp1Hit = planActive and ((planBull and high >= planTP1) or (not planBull and low <= planTP1)) tp2Hit = planActive and ((planBull and high >= planTP2) or (not planBull and low <= planTP2)) slHit = planActive and ((planBull and low <= planSL) or (not planBull and high >= planSL)) if planActive planBars += 1 // de-activate on exit if slHit or tp2Hit or planBars > persistBars planActive := false // Görsel plan çizgileri plot(showPlan and planActive ? planEntry : na, "Entry", color.new(colPlan, 0), 2, plot.style_linebr) plot(showPlan and planActive ? planSL : na, "SL", color.new(color.red, 0), 2, plot.style_linebr) plot(showPlan and planActive ? planTP1 : na, "TP1", color.new(color.gray, 0), 1, plot.style_linebr) plot(showPlan and planActive ? planTP2 : na, "TP2", color.new(color.gray, 0), 1, plot.style_linebr) // İşaretler plotshape(bearSetup, title="Bear Setup", style=shape.triangledown, location=location.abovebar, size=size.tiny, color=colDn, text="CRT▼") plotshape(bullSetup, title="Bull Setup", style=shape.triangleup, location=location.belowbar, size=size.tiny, color=colUp, text="CRT▲") //──── Alerts alertcondition(bearSetup, title="CRT Setup Ready (Bearish)", message="CRT Bearish setup ready on {{ticker}} {{interval}} | Entry≈{{plot(\"Entry\")}} SL≈{{plot(\"SL\")}} TP1≈{{plot(\"TP1\")}} TP2≈{{plot(\"TP2\")}}") alertcondition(bullSetup, title="CRT Setup Ready (Bullish)", message="CRT Bullish setup ready on {{ticker}} {{interval}} | Entry≈{{plot(\"Entry\")}} SL≈{{plot(\"SL\")}} TP1≈{{plot(\"TP1\")}} TP2≈{{plot(\"TP2\")}}") alertcondition(entryTouched, title="CRT Retest Filled", message="CRT Entry retest filled on {{ticker}} {{interval}}")
Pine Script® indicator
by izotel34