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Centered Oscillators

Luxy Momentum, Trend and Breakout Indicators Suit V6TABLE OF CONTENTS This is Version 6 (V6) - the latest and most optimized release. If you are using any older versions (V5, V4, V3, etc.), it is highly recommended to replace them with V6. Why This Indicator is Different Who Should Use This Core Components Overview The UT Bot Trading System Understanding the Market Bias Table Candlestick Pattern Recognition Visual Tools and Features How to Use the Indicator Performance and Optimization FAQ --- 1. WHY THIS INDICATOR IS DIFFERENT Most traders use multiple separate indicators on their charts, leading to cluttered screens, conflicting signals, and analysis paralysis. The Suite solves this by integrating proven technical tools into a single, cohesive system. Key Advantages: All-in-One Design: Instead of loading 5-10 separate indicators, you get everything in one optimized script. This reduces chart clutter and improves TradingView performance. Multi-Timeframe Bias Table: Unlike standard indicators that only show the current timeframe, the Bias Table aggregates trend signals across multiple timeframes simultaneously. See at a glance whether 1m, 5m, 15m, 1h are aligned bullish or bearish - no more switching between charts. Smart Confirmations: The indicator doesn't just give signals - it shows you WHY. Every entry has multiple layers of confirmation (MA cross, MACD momentum, ADX strength, RSI pullback, volume, etc.) that you can toggle on/off. Dynamic Stop Loss System: Instead of static ATR stops, the SL is calculated from multiple support/resistance layers: UT trailing line, Supertrend, VWAP, swing structure, and MA levels. This creates more intelligent, price-action-aware stops. R-Multiple Take Profits: Built-in TP system calculates targets based on your initial risk (1R, 1.5R, 2R, 3R). Lines freeze when touched with visual checkmarks, giving you a clean audit trail of partial exits. Educational Tooltips Everywhere: Every single input has detailed tooltips explaining what it does, typical values, and how it impacts trading. You're not guessing - you're learning as you configure. Performance Optimized: Smart caching, conditional calculations, and modular design mean the indicator runs fast despite having 15+ features. Turn off what you don't use for even better performance. No Repainting: All signals respect bar close. Alerts fire correctly. What you see in history is what you would have gotten in real-time. What Makes It Unique: Integrated UT Bot + Bias Table: No other indicator combines UT Bot's ATR trailing system with a live multi-timeframe dashboard. You get precision entries with macro trend context. Candlestick Pattern Recognition with Interactive Tooltips: Patterns aren't just marked - hover over any emoji for a full explanation of what the pattern means and how to trade it. Opening Range Breakout Tracker: Built-in ORB system for intraday traders with customizable session times and real-time status updates in the Bias Table. Previous Day High/Low Auto-Detection: Automatically plots PDH/PDL on intraday charts with theme-aware colors. Updates daily without manual input. Dynamic Row Labels in Bias Table: The table shows your actual settings (e.g., "EMA 10 > SMA 20") not generic labels. You know exactly what's being evaluated. Modular Filter System: Instead of forcing a fixed methodology, the indicator lets you build your own strategy. Start with just UT Bot, add filters one at a time, test what works for your style. --- 2. WHO WHOULD USE THIS Designed For: Intermediate to Advanced Traders: You understand basic technical analysis (MAs, RSI, MACD) and want to combine multiple confirmations efficiently. This isn't a "one-click profit" system - it's a professional toolkit. Multi-Timeframe Traders: If you trade one asset but check multiple timeframes for confirmation (e.g., enter on 5m after checking 15m and 1h alignment), the Bias Table will save you hours every week. Trend Followers: The indicator excels at identifying and following trends using UT Bot, Supertrend, and MA systems. If you trade breakouts and pullbacks in trending markets, this is built for you. Intraday and Swing Traders: Works equally well on 5m-1h charts (day trading) and 4h-D charts (swing trading). Scalpers can use it too with appropriate settings adjustments. Discretionary Traders: This isn't a black-box system. You see all the components, understand the logic, and make final decisions. Perfect for traders who want tools, not automation. Works Across All Markets: Stocks (US, international) Cryptocurrency (24/7 markets supported) Forex pairs Indices (SPY, QQQ, etc.) Commodities NOT Ideal For: Complete Beginners: If you don't know what a moving average or RSI is, start with basics first. This indicator assumes foundational knowledge. Algo Traders Seeking Black Box: This is discretionary. Signals require context and confirmation. Not suitable for blind automated execution. Mean-Reversion Only Traders: The indicator is trend-following at its core. While VWAP bands support mean-reversion, the primary methodology is trend continuation. --- 3. CORE COMPONENTS OVERVIEW The indicator combines these proven systems: Trend Analysis: Moving Averages: Four customizable MAs (Fast, Medium, Medium-Long, Long) with six types to choose from (EMA, SMA, WMA, VWMA, RMA, HMA). Mix and match for your style. Supertrend: ATR-based trend indicator with unique gradient fill showing trend strength. One-sided ribbon visualization makes it easier to see momentum building or fading. ZLSMA: Zero-lag linear-regression smoothed moving average. Reduces lag compared to traditional MAs while maintaining smooth curves. Momentum & Filters: MACD: Standard MACD with separation filter to avoid weak crossovers. RSI: Pullback zone detection - only enter longs when RSI is in your defined "buy zone" and shorts in "sell zone". ADX/DMI: Trend strength measurement with directional filter. Ensures you only trade when there's actual momentum. Volume Filter: Relative volume confirmation - require above-average volume for entries. Donchian Breakout: Optional channel breakout requirement. Signal Systems: UT Bot: The primary signal generator. ATR trailing stop that adapts to volatility and gives clear entry/exit points. Base Signals: MA cross system with all the above filters applied. More conservative than UT Bot alone. Visual Intelligence: Market Bias Table: Multi-timeframe dashboard showing trend alignment across 7 timeframes plus macro bias (3-day, weekly, monthly, quarterly, VIX). Candlestick Patterns: Six major reversal patterns auto-detected with interactive tooltips. ORB Tracker: Opening range high/low with breakout status (intraday only). PDH/PDL: Previous day levels plotted automatically on intraday charts. VWAP + Bands: Session-anchored VWAP with up to three standard deviation band pairs. --- 4. THE UT BOT TRADING SYSTEM The UT Bot is the heart of the indicator's signal generation. It's an advanced ATR trailing stop that adapts to market volatility. Why UT Bot is Superior to Fixed Stops: Traditional ATR stops use a fixed multiplier (e.g., "stop = entry - 2×ATR"). UT Bot is smarter: It TRAILS the stop as price moves in your favor It WIDENS during high volatility to avoid premature stops It TIGHTENS during consolidation to lock in profits It FLIPS when price breaks the trailing line, signaling reversals Visual Elements You'll See: Orange Trailing Line: The actual UT stop level that adapts bar-by-bar Buy/Sell Labels: Aqua triangle (long) or orange triangle (short) when the line flips ENTRY Line: Horizontal line at your entry price (optional, can be turned off) Suggested Stop Loss: A composite SL calculated from multiple support/resistance layers: - UT trailing line - Supertrend level - VWAP - Swing structure (recent lows/highs) - Long-term MA (200) - ATR-based floor Take Profit Lines: TP1, TP1.5, TP2, TP3 based on R-multiples. When price touches a TP, it's marked with a checkmark and the line freezes for audit trail purposes. Status Messages: "SL Touched ❌" or "SL Frozen" when the trade leg completes. How UT Bot Differs from Other ATR Systems: Multiple Filters Available: You can require 2-bar confirmation, minimum % price change, swing structure alignment, or ZLSMA directional filter. Most UT implementations have none of these. Smart SL Calculation: Instead of just using the UT line as your stop, the indicator suggests a better SL based on actual support/resistance. This prevents getting stopped out by wicks while keeping risk controlled. Visual Audit Trail: All SL/TP lines freeze when touched with clear markers. You can review your trades weeks later and see exactly where entries, stops, and targets were. Performance Options: "Draw UT visuals only on bar close" lets you reduce rendering load without affecting logic or alerts - critical for slower machines or 1m charts. Trading Logic: UT Bot flips direction (Buy or Sell signal appears) Check Bias Table for multi-timeframe confirmation Optional: Wait for Base signal or candlestick pattern Enter at signal bar close or next bar open Place stop at "Suggested Stop Loss" line Scale out at TP levels (TP1, TP2, TP3) Exit remaining position on opposite UT signal or stop hit --- 5. UNDERSTANDING THE MARKET BIAS TABLE This is the indicator's unique multi-timeframe intelligence layer. Instead of looking at one chart at a time, the table aggregates signals across seven timeframes plus macro trend bias. Why Multi-Timeframe Analysis Matters: Professional traders check higher and lower timeframes for context: Is the 1h uptrend aligning with my 5m entry? Are all short-term timeframes bullish or just one? Is the daily trend supportive or fighting me? Doing this manually means opening multiple charts, checking each indicator, and making mental notes. The Bias Table does it automatically in one glance. Table Structure: Header Row: On intraday charts: 1m, 5m, 15m, 30m, 1h, 2h, 4h (toggle which ones you want) On daily+ charts: D, W, M (automatic) Green dot (🟢) next to title = live updating Headline Rows - Macro Bias: These show broad market direction over longer periods: 3 Day Bias: Trend over last 3 trading sessions (uses 1h data) Weekly Bias: Trend over last 5 trading sessions (uses 4h data) Monthly Bias: Trend over last 30 daily bars Quarterly Bias: Trend over last 13 weekly bars VIX Fear Index: Market regime based on VIX level - bullish when low, bearish when high Opening Range Breakout: Status of price vs. session open range (intraday only) These rows show text: "BULLISH✔️", "BEARISH✖️", or "NEUTRAL⚠️" Indicator Rows - Technical Signals: These evaluate your configured indicators across all active timeframes: Fast MA > Medium MA (shows your actual MA settings, e.g., "EMA 10 > SMA 20") Price > Long MA (e.g., "Price > SMA 200") Price > VWAP MACD > Signal Supertrend (up/down/neutral) ZLSMA Rising RSI In Zone ADX ≥ Minimum These rows show emojis: 🟩 (bullish), 🟥 (bearish), 🟡 (neutral/NA) AVG Column: Shows percentage of active timeframes that are bullish for that row. This is the KEY metric: AVG > 70% = strong multi-timeframe bullish alignment AVG 40-60% = mixed/choppy, no clear trend AVG < 30% = strong multi-timeframe bearish alignment How to Use the Table: For a long trade: Check AVG column - want to see > 60% ideally Check headline bias rows - want to see BULLISH, not BEARISH Check VIX row - bullish market regime preferred Check ORB row (intraday) - want ABOVE for longs Scan indicator rows - more green = better confirmation For a short trade: Check AVG column - want to see < 40% ideally Check headline bias rows - want to see BEARISH, not BULLISH Check VIX row - bearish market regime preferred Check ORB row (intraday) - want BELOW for shorts Scan indicator rows - more red = better confirmation When AVG is 40-60%: Market is choppy, mixed signals. Either stay out or reduce position size significantly. These are low-probability environments. Unique Features: Dynamic Labels: Row names show your actual settings (e.g., "EMA 10 > SMA 20" not generic "Fast > Slow"). You know exactly what's being evaluated. Customizable Rows: Turn off rows you don't care about. Only show what matters to your strategy. Customizable Timeframes: On intraday charts, disable 1m or 4h if you don't trade them. Reduces calculation load by 20-40%. Automatic HTF Handling: On Daily/Weekly/Monthly charts, the table automatically switches to D/W/M columns. No configuration needed. Performance Smart: "Hide BIAS table on 1D or above" option completely skips all table calculations on higher timeframes if you only trade intraday. --- 6. CANDLESTICK PATTERN RECOGNITION The indicator automatically detects six major reversal patterns and marks them with emojis at the relevant bars. Why These Six Patterns: These are the most statistically significant reversal patterns according to trading literature: High win rate when appearing at support/resistance Clear visual structure (not subjective) Work across all timeframes and assets Studied extensively by institutions The Patterns: Bullish Patterns (appear at bottoms): 🔺 Bullish Engulfing: Green candle completely engulfs prior red candle's body. Strong reversal signal. 🔨 Hammer: Small body with long lower wick (at least 2× body size). Shows rejection of lower prices by buyers. 🌅 Morning Star: Three-candle pattern (large red → small indecision → large green). Very strong bottom reversal. Bearish Patterns (appear at tops): 🔻 Bearish Engulfing: Red candle completely engulfs prior green candle's body. Strong reversal signal. 🌠 Shooting Star: Small body with long upper wick (at least 2× body size). Shows rejection of higher prices by sellers. 🌆 Evening Star: Three-candle pattern (large green → small indecision → large red). Very strong top reversal. Interactive Tooltips: Unlike most pattern indicators that just draw shapes, this one is educational: Hover your mouse over any pattern emoji A tooltip appears explaining: what the pattern is, what it means, when it's most reliable, and how to trade it No need to memorize - learn as you trade Noise Filter: "Min candle body % to filter noise" setting prevents false signals: Patterns require minimum body size relative to price Filters out tiny candles that don't represent real buying/selling pressure Adjust based on asset volatility (higher % for crypto, lower for low-volatility stocks) How to Trade Patterns: Patterns are NOT standalone entry signals. Use them as: Confirmation: UT Bot gives signal + pattern appears = stronger entry Reversal Warning: In a trade, opposite pattern appears = consider tightening stop or taking profit Support/Resistance Validation: Pattern at key level (PDH, VWAP, MA 200) = level is being respected Best combined with: UT Bot or Base signal in same direction Bias Table alignment (AVG > 60% or < 40%) Appearance at obvious support/resistance --- 7. VISUAL TOOLS AND FEATURES VWAP (Volume Weighted Average Price): Session-anchored VWAP with standard deviation bands. Shows institutional "fair value" for the trading session. Anchor Options: Session, Day, Week, Month, Quarter, Year. Choose based on your trading timeframe. Bands: Up to three pairs (X1, X2, X3) showing statistical deviation. Price at outer bands often reverses. Auto-Hide on HTF: VWAP hides on Daily/Weekly/Monthly charts automatically unless you enable anchored mode. Use VWAP as: Directional bias (above = bullish, below = bearish) Mean reversion levels (outer bands) Support/resistance (the VWAP line itself) Previous Day High/Low: Automatically plots yesterday's high and low on intraday charts: Updates at start of each new trading day Theme-aware colors (dark text for light charts, light text for dark charts) Hidden automatically on Daily/Weekly/Monthly charts These levels are critical for intraday traders - institutions watch them closely as support/resistance. Opening Range Breakout (ORB): Tracks the high/low of the first 5, 15, 30, or 60 minutes of the trading session: Customizable session times (preset for NYSE, LSE, TSE, or custom) Shows current breakout status in Bias Table row (ABOVE, BELOW, INSIDE, BUILDING) Intraday only - auto-disabled on Daily+ charts ORB is a classic day trading strategy - breakout above opening range often leads to continuation. Extra Labels: Change from Open %: Shows how far price has moved from session open (intraday) or daily open (HTF). Green if positive, red if negative. ADX Badge: Small label at bottom of last bar showing current ADX value. Green when above your minimum threshold, red when below. RSI Badge: Small label at top of last bar showing current RSI value with zone status (buy zone, sell zone, or neutral). These labels provide quick at-a-glance confirmation without needing separate indicator windows. --- 8. HOW TO USE THE INDICATOR Step 1: Add to Chart Load the indicator on your chosen asset and timeframe First time: Everything is enabled by default - the chart will look busy Don't panic - you'll turn off what you don't need Step 2: Start Simple Turn OFF everything except: UT Bot labels (keep these ON) Bias Table (keep this ON) Moving Averages (Fast and Medium only) Suggested Stop Loss and Take Profits Hide everything else initially. Get comfortable with the basic UT Bot + Bias Table workflow first. Step 3: Learn the Core Workflow UT Bot gives a Buy or Sell signal Check Bias Table AVG column - do you have multi-timeframe alignment? If yes, enter the trade Place stop at Suggested Stop Loss line Scale out at TP levels Exit on opposite UT signal Trade this simple system for a week. Get a feel for signal frequency and win rate with your settings. Step 4: Add Filters Gradually If you're getting too many losing signals (whipsaws in choppy markets), add filters one at a time: Try: "Require 2-Bar Trend Confirmation" - wait for 2 bars to confirm direction Try: ADX filter with minimum threshold - only trade when trend strength is sufficient Try: RSI pullback filter - only enter on pullbacks, not chasing Try: Volume filter - require above-average volume Add one filter, test for a week, evaluate. Repeat. Step 5: Enable Advanced Features (Optional) Once you're profitable with the core system, add: Supertrend for additional trend confirmation Candlestick patterns for reversal warnings VWAP for institutional anchor reference ORB for intraday breakout context ZLSMA for low-lag trend following Step 6: Optimize Settings Every setting has a detailed tooltip explaining what it does and typical values. Hover over any input to read: What the parameter controls How it impacts trading Suggested ranges for scalping, day trading, and swing trading Start with defaults, then adjust based on your results and style. Step 7: Set Up Alerts Right-click chart → Add Alert → Condition: "Luxy Momentum v6" → Choose: "✅UT Bot — Buy✅" for long entries "❌UT Bot — Sell❌" for short entries "Base Long/Short" for filtered MA cross signals Optionally enable "Send real-time alert() on UT flip" in settings for immediate notifications. Common Workflow Variations: Conservative Trader: UT signal + Base signal + Candlestick pattern + Bias AVG > 70% Enter only at major support/resistance Wider UT sensitivity, multiple filters Aggressive Trader: UT signal + Bias AVG > 60% Enter immediately, no waiting Tighter UT sensitivity, minimal filters Swing Trader: Focus on Daily/Weekly Bias alignment Ignore intraday noise Use ORB and PDH/PDL less (or not at all) Wider stops, patient approach --- 9. PERFORMANCE AND OPTIMIZATION The indicator is optimized for speed, but with 15+ features running simultaneously, chart load time can add up. Here's how to keep it fast: Biggest Performance Gains: Disable Unused Timeframes: In "Time Frames" settings, turn OFF any timeframe you don't actively trade. Each disabled TF saves 10-15% calculation time. If you only day trade 5m, 15m, 1h, disable 1m, 2h, 4h. Hide Bias Table on Daily+: If you only trade intraday, enable "Hide BIAS table on 1D or above". This skips ALL table calculations on higher timeframes. Draw UT Visuals Only on Bar Close: Reduces intrabar rendering of SL/TP/Entry lines. Has ZERO impact on logic or alerts - purely visual optimization. Additional Optimizations: Turn off VWAP bands if you don't use them Disable candlestick patterns if you don't trade them Turn off Supertrend fill if you find it distracting (keep the line) Reduce "Limit to 10 bars" for SL/TP lines to minimize line objects Performance Features Built-In: Smart Caching: Higher timeframe data (3-day bias, weekly bias, etc.) updates once per day, not every bar Conditional Calculations: Volume filter only calculates when enabled. Swing filter only runs when enabled. Nothing computes if turned off. Modular Design: Every component is independent. Turn off what you don't need without breaking other features. Typical Load Times: 5m chart, all features ON, 7 timeframes: ~2-3 seconds 5m chart, core features only, 3 timeframes: ~1 second 1m chart, all features: ~4-5 seconds (many bars to calculate) If loading takes longer, you likely have too many indicators on the chart total (not just this one). --- 10. FAQ Q: Can I use this for automated trading? A: The indicator is designed for discretionary trading. While it has clear signals and alerts, it's not a mechanical system. Context and judgment are required. Q: Does it repaint? A: No. All signals respect bar close. UT Bot logic runs intrabar but signals only trigger on confirmed bars. Alerts fire correctly with no lookahead. Q: How is this different from standard UT Bot indicators? A: Standard UT Bot is just the ATR trailing line and flip signals. This implementation adds: Multiple confirmation filters (swing, %, 2-bar, ZLSMA) Smart composite stop loss system R-multiple take profit system with freeze-on-touch Integration with multi-timeframe Bias Table Visual audit trail with checkmarks Q: Do I need to use all the features? A: Absolutely not. The indicator is modular. Many profitable traders use just UT Bot + Bias Table + Moving Averages. Start simple, add complexity only if needed. Q: How do I know which settings to use? A: Every single input has a detailed tooltip. Hover over any setting to see: What it does How it affects trading Typical values for scalping, day trading, swing trading Start with defaults, adjust gradually based on results. Q: Can I use this on crypto 24/7 markets? A: Yes. ORB will not work (no defined session), but everything else functions normally. Use "Day" anchor for VWAP instead of "Session". Q: The Bias Table is blank or not showing. A: Check: "Show Table" is ON Table position isn't overlapping another indicator's table (change position) At least one row is enabled "Hide BIAS table on 1D or above" is OFF (if on Daily+ chart) Q: Why are candlestick patterns not appearing? A: Patterns are relatively rare by design - they only appear at genuine reversal points. Check: Pattern toggles are ON "Min candle body %" isn't too high (try 0.05-0.10) You're looking at a chart with actual reversals (not strong trending market) Q: UT Bot is too sensitive/not sensitive enough. A: Adjust "Sensitivity (Key×ATR)". Lower number = tighter stop, more signals. Higher number = wider stop, fewer signals. Read the tooltip for guidance. Q: Can I get alerts for the Bias Table? A: The Bias Table is a dashboard for visual analysis, not a signal generator. Set alerts on UT Bot or Base signals, then manually check Bias Table for confirmation. Q: Does this work on stocks with low volume? A: Yes, but turn OFF the volume filter. Low volume stocks will never meet relative volume requirements. Q: How often should I check the Bias Table? A: Before every entry. It takes 2 seconds to glance at the AVG column and headline rows. This one check can save you from fighting the trend. Q: What if UT signal and Base signal disagree? A: UT Bot is more aggressive (ATR trailing). Base signals are more conservative (MA cross + filters). If they disagree, either: Wait for both to align (safest) Take the UT signal but with smaller size (aggressive) Skip the trade (conservative) There's no "right" answer - depends on your risk tolerance. --- FINAL NOTES The indicator gives you an edge. How you use that edge determines results. For questions, feedback, or support, comment on the indicator page or message the author. Happy Trading! 🎯
Pine Script® indicator
by orenluxy
11
Oscillator CandlesticksI've always wondered why we don't use candlesticks for oscillators...then I stopped wondering and made an oscillator with candlesticks. The following oscillators are available as a proof of concept: * Consumer Channel Index (CCI) * Rate of Change (ROC) * Relative Strength Index (RSI) * Trend Strength Index (TSI) You can add a moving average to the ohlc4 value of the oscillator and choose the type of the moving average and whether it should be influenced by volume.
Pine Script® indicator
by llbot
RVI Divergence & Trend Filter Pro📘 Overview RVI Divergence & Trend Filter Pro is a complete momentum-confirmation tool built into a single indicator pane. It combines the Relative Vigor Index (RVI), EMA 200 trend filter, ATR-based range filter, and automatic divergence + trendline-break detection — all in one clean, minimal layout. No price clutter. Just momentum clarity. --- ⚙️ How It Works * RVI Momentum Core – Plots the RVI and Signal line with independent scale to capture real strength and momentum shifts. * Divergence Detection – Finds bullish and bearish divergences between RVI and price, warning of early reversals. * Trendline Break Logic – Confirms valid momentum breaks after divergence. * EMA 200 Filter – Only allows Buy signals above EMA 200 and Sell signals below EMA 200. * ATR Filter – Blocks signals in ranging or low-volatility zones to improve accuracy. --- 🎯 Signal Logic BUY Signal → RVI crosses above signal line + price above EMA 200 + ATR volatility confirmed. SELL Signal → RVI crosses below signal line + price below EMA 200 + ATR volatility confirmed. Divergence → Automatic bullish or bearish markers on RVI pane. Trendline Break → Confirms momentum continuation or reversal after divergence. All signals plot directly on the RVI pane — no extra price labels or lines. --- 🧩 Key Features * Single-pane indicator — clean and focused * Independent RVI + Signal line scaling * Auto divergence and trendline break detection * EMA 200 trend alignment * ATR range filter to avoid ranging markets * Automatic BUY/SELL markers * Fully alert-ready for automation * Optimized for speed and clarity --- 🧭 Usage Tips 1. Best timeframes → M5 to H1 2. Trade only in direction of EMA 200 3. Confirm momentum with divergence and trendline break 4. Exit with your own risk-reward or structure-based method --- 🔔 Alerts Built-in alerts for: • New BUY signal • New SELL signal • Bullish divergence • Bearish divergence • Trendline break confirmation --- Category: Momentum / Divergence / Trend Filter Style: Clean • Smart • All-in-One © 2025 — All rights reserved.
Pine Script® indicator
by kyjefive
LA - MACD EMA BandsOverview of the "LA - MACD EMA Bands" Indicator For Better view, use this indicator along with "LA - EMA Bands with MTF Dashboard" The "LA - MACD EMA Bands" is a custom technical indicator written in Pine Script v6 for TradingView. It builds on the traditional Moving Average Convergence Divergence (MACD) oscillator by incorporating additional smoothing via Exponential Moving Averages (EMAs) and Bollinger Bands (BB) applied directly to the MACD line. This creates a multi-layered momentum and volatility tool displayed in a separate pane below the price chart (not overlaid on the price itself). The indicator allows for customization, such as selecting a different timeframe (for multi-timeframe analysis) and adjusting period lengths. It fetches data from the specified timeframe using request.security with lookahead enabled to avoid repainting issues. The core idea is to provide insights into momentum trends, crossovers, and volatility expansions/contractions in the MACD's behavior, making it suitable for identifying potential trend reversals, continuations, or ranging markets. Unlike a standard MACD, which focuses primarily on momentum via a single line, signal line, and histogram, this version emphasizes longer-term smoothing and volatility boundaries. It uses visual fills between lines to highlight bullish/bearish conditions, aiding quick interpretation. Below, I'll break down each component, its calculation, visual representation, and practical uses. Detailed Breakdown of Each Component and Its Uses MACD Line (Blue Line, Labeled 'MACD Line') Calculation: This is the core MACD value, computed as the difference between a fast EMA (default length 12) and a slow EMA (default length 144) of the input source (default: close price). The EMAs are calculated on data from the selected timeframe. Visuals: Plotted as a solid blue line. Uses: Measures momentum: When above zero, it indicates bullish momentum (prices rising faster in the short term); below zero, bearish momentum. Trend identification: Rising MACD suggests strengthening uptrends; falling suggests downtrends. Divergence spotting: Compare with price action—e.g., if price makes higher highs but MACD makes lower highs, it signals potential bearish reversal (and vice versa for bullish divergence). In trading: Often used for entry/exit signals when crossing the zero line or other lines in the indicator. MACD EMA (Red Line, Labeled 'MACD EMA') Calculation: A 12-period EMA applied to the MACD Line itself. Visuals: Plotted as a solid red line. Uses: Acts as a signal line for the MACD, smoothing out short-term noise. Crossover signals: When the MACD Line crosses above the MACD EMA, it can signal a bullish buy opportunity; crossing below suggests a bearish sell. Trend confirmation: Helps filter false signals in choppy markets by requiring confirmation from this slower-moving average. In trading: Useful for momentum-based strategies, like entering trades on crossovers in alignment with the overall trend. Fill Between MACD Line and MACD EMA (Green/Red Shaded Area, Titled 'MACD Fill') Calculation: The area between the MACD Line and MACD EMA is filled with color based on their relative positions. Color Logic: Green (with 57% transparency) if MACD Line > MACD EMA (bullish); red if MACD Line < MACD EMA (bearish). Visuals: Semi-transparent fill for easy visibility without overwhelming the lines. Uses: Quick visual cue for momentum shifts: Green areas highlight bullish phases; red for bearish. Enhances readability: Makes crossovers more apparent at a glance, especially in fast-moving markets. In trading: Can be used to time entries/exits or as a filter (e.g., only take long trades in green zones). Bollinger Bands on MACD (BB Upper: Black Dotted, BB Basis: Maroon Dotted, BB Lower: Black Dotted) Calculation: Bollinger Bands applied to the MACD Line. BB Basis: 144-period EMA of the MACD Line. BB Standard Deviation: 144-period stdev of the MACD Line. BB Upper: BB Basis + (2.0 * BB Stdev) BB Lower: BB Basis - (2.0 * BB Stdev) Visuals: Upper and lower bands as black dotted lines; basis as maroon dotted Uses: Volatility measurement: Bands expand during high momentum volatility (strong trends) and contract during low volatility (ranging or consolidation). Mean reversion: When MACD Line touches or exceeds the upper band, it may signal overbought conditions (potential sell); lower band for oversold (potential buy). Squeeze detection: Narrow bands (squeeze) often precede big moves—watch for breakouts. In trading: Combines momentum with volatility; e.g., a MACD Line breakout above the upper band could confirm a strong uptrend. BB Basis EMA (Green Line, Labeled 'BB Basis EMA') Calculation: A 72-period EMA applied to the BB Basis (which is already a 144-period EMA of the MACD Line). Visuals: Solid green line. Uses: Further smoothing: Provides a longer-term view of the MACD's average behavior, reducing noise from the BB Basis. Trend direction: Acts as a baseline for the BB system—above it suggests bullish bias in momentum volatility; below, bearish. Crossover with BB Basis: Can signal shifts in volatility trends (e.g., BB Basis crossing above BB Basis EMA indicates increasing bullish volatility). In trading: Useful for confirming longer-term trends or as a filter for BB-based signals. Fill Between BB Basis and BB Basis EMA (Gray Shaded Area, Titled 'BB Basis Fill') Calculation: The area between BB Basis and BB Basis EMA is filled. Color Logic: Currently set to a constant semi-transparent gray regardless of position. Visuals: Semi-transparent gray fill. Uses: Highlights divergence: Shows when the shorter-term BB Basis deviates from its longer-term EMA, indicating potential volatility shifts. Visual aid for crossovers: Makes it easier to spot when BB Basis crosses its EMA. In trading: Could be used to identify overextensions in volatility (e.g., wide gray areas might signal impending mean reversion). Zero Line (Black Horizontal Line) Calculation: A simple horizontal line at y=0. Visuals: Solid black line. Uses: Reference point: Divides bullish (above) from bearish (below) territory for all MACD-related lines. In trading: Crossovers of the zero line by the MACD Line or BB Basis can signal major trend changes. How It Differs from a Normal MACD A standard MACD (e.g., the built-in TradingView MACD with defaults 12/26/9) consists of: MACD Line: EMA(12) - EMA(26). Signal Line: EMA(MACD Line, 9). Histogram: MACD Line - Signal Line (bars showing convergence/divergence). Key differences in "LA - MACD EMA Bands": Periods: Uses a much longer slow EMA (144 vs. 26), making it more sensitive to long-term trends but less reactive to short-term price action. The MACD EMA is 12 periods (vs. 9), further emphasizing smoothing. No Histogram: Replaces the histogram with fills and bands for visual emphasis on crossovers and volatility. Added Bollinger Bands: Applies BB directly to the MACD Line (with a long 144-period basis), introducing volatility analysis absent in standard MACD. This helps detect "squeezes" or expansions in momentum. Additional EMA Layer: The BB Basis EMA (72-period) adds a secondary smoothing level to the BB system, providing a hierarchical view of momentum (short-term MACD → mid-term BB → long-term EMA). Multi-Timeframe Support: Built-in option for higher timeframes, unlike basic MACD. Focus: Standard MACD is purely momentum-focused; this version integrates volatility (via BB) and multi-layer smoothing, making it better for trend-following in volatile markets but potentially overwhelming for beginners. Overall, this indicator transforms the MACD from a simple oscillator into a comprehensive momentum-volatility hybrid, reducing false signals in trending markets but introducing lag. Overall Pros and Cons Pros: Enhanced Visualization: Fills and bands make trends, crossovers, and volatility easier to spot without needing multiple indicators. Reduced Noise: Longer periods (144, 72) smooth out whipsaws, ideal for swing or position trading in trending assets like stocks or forex. Volatility Integration: BB adds a dimension not in standard MACD, helping identify breakouts or consolidations. Customizable: Inputs for timeframes and lengths allow adaptation to different assets/timeframes. Multi-Layered Insights: Combines short-term signals (MACD crossovers) with long-term confirmation (BB EMA), improving signal reliability. Cons: Lagging Nature: Long periods (e.g., 144) delay signals, missing early entries in fast markets or leading to late exits. Complexity: Multiple lines and fills can clutter the pane, requiring experience to interpret; beginners might misread it. Potential Overfitting: Custom periods (12/144/12/144/72) may work well on historical data but underperform in live trading without backtesting. No Built-in Alerts/Signals: Relies on visual interpretation; users must manually set alerts for crossovers. Resource Intensive: On lower timeframes or with lookahead, it might slow chart loading on Trading View. This indicator shines in strategies combining momentum and volatility, like trend-following with BB squeezes, but test it on your assets (e.g., via backtesting) to ensure it fits your style. For Better view, use this indicator along with "LA - EMA Bands with MTF Dashboard"
Pine Script® indicator
by aravindleo_99
NQBA RSI 🚀 NQBA RSI Indicator – Spot Market Trends Before Anyone Else! Absolutely FREE! 🎁 🌟 Why This Indicator is Different? Imagine having a third eye that sees market moves before they happen! That’s exactly what this unique indicator gives you. 🎨 Colors That Speak the Language of Profits: 🔴 Fiery Red – RSI below 30 (Golden Buy Opportunity) 🟠 Radiant Orange – Warning Zone 30-40 (Get Ready for Action) 🟡 Bright Yellow – Safe Zone 40-60 (Watch and Wait) 🟢 Fresh Green – Optimistic Signals 60-70 (Uptrend Ahead) 🔵 Deep Blue – Overbought above 70 (Beware of Reversal) 💡 How to Profit Easily? ✅ Signals That Don’t Miss: Green Circles 🟢 at level 0: Early Buy Alert Red Circles 🔴 at level 100: Sell Warning NQBA Green Arrows 📈 at level 30: Buy Confirmation NQBA Red Arrows 📉 at level 70: Sell Confirmation 📊 Central Command Dashboard: Instant overview table showing all timeframes at once: From 1-minute to daily charts Instant colors reflecting trend strength No need to switch between charts 🎯 3 Easy Steps to Use: 🔍 Look for the colored circles – These are your early alerts ✅ Wait for arrow confirmation – Don’t act before NQBA appears 📈 Check the side table – Ensure all timeframes align ⚡ Exclusive Features: ✨ Candle Close Confirmation – No false signals ✨ Monitor 8 Timeframes Simultaneously ✨ Automatic Alerts on phone & computer ✨ Easy to Use – Perfect for beginners & pros alike Let technology work for you! 🚀 # 🚀 مؤشر NQBA RSI - اكتشاف الاتجاهات قبل الجميع! مجاني تماماً! 🎁 ## 🌟 لماذا هذا المؤشر مختلف؟ **تخيل أن لديك عين ثالثة ترى تحركات السوق قبل حدوثها! هذا بالضبط ما يقدمه لك هذا المؤشر الفريد. ### 🎨 الألوان التي تتحدث بلغة الأرباح: **🔴 أحمر ناري - عندما يصل RSI تحت 30 (فرصة شراء ذهبية) **🟠 برتقالي مشع - منطقة تحذير بين 30-40 (استعد للتحرك) **🟡 أصفر لامع - المنطقة الآمنة 40-60 (راقب وانتظر) **🟢 أخضر نضر - إشارات تفاؤل بين 60-70 (اتجاه صاعد) **🔵 أزرق عميق - ذروة الشراء فوق 70 (احذر من الانعكاس) ## 💡 كيف تحقق الأرباح بسهولة؟ ### ✅ إشارات لا تخطئ: - **الدوائر الخضراء** 🟢 عند مستوى 0: تنبيه مسبق للشراء - **الدوائر الحمراء** 🔴 عند مستوى 100: إنذار مبيع للبيع - **أسهم NQBA الخضراء** 📈 عند مستوى 30: تأكيد شراء - **أسهم NQBA الحمراء** 📉 عند مستوى 70: تأكيد بيع ### 📊 شاشة القيادة المركزية: **جدول متابعة فوري** يظهر لك حالة جميع الأطر الزمنية مرة واحدة: - من الدقيقة إلى اليومي - ألوان فورية تعكس قوة الاتجاه - لا حاجة للتبديل بين الشارتات ## 🎯 3 خطوات للاستخدام: 1. **🔍 ابحث عن الدوائر الملونة - هذه إنذاراتك المبكرة 2. **✅ انتظر تأكيد الأسهم - لا تتحرك قبل ظهور NQBA 3. **📈 تابع الجدول الجانبي - تأكد من توافق جميع الأطر ## ⚡ مميزات حصرية: ✨ **تأكيد إغلاق الشمعة** - لا إشارات كاذبة ✨ **مراقبة 8 أطر زمنية** في نفس اللحظة ✨ **إنذارات تلقائية** على الهاتف والكمبيوتر ✨ **سهولة الاستخدام** - يناسب المبتدئين والمحترفين --- ** دع التكنولوجيا تعمل لصالحك! 🚀**
Pine Script® indicator
by NQBA
ATR Volatility Dashboard v2 — includes % Range (Today) _gpVisualizes daily volatility in context. Shows ATR(14) as % of Daily Close, % of Current Price, and Today’s actual Range%. When % of Current ≈ % of Close → volatility has already played out. 🔹 ATR(14) (Last D) — the latest daily ATR value. 🔹 % of Daily Close — ATR as a percentage of the previous day’s close (historical volatility). 🔹 % of Current — ATR as a percentage of the current price (real-time volatility). 🔹 % of Range (v2) — today’s actual movement (High–Low) as a percentage of current price. 💡 How to interpret: When % of Current ≈ % of Close → the daily ATR has already been reached → potential exhaustion zone. When % of Range > % of Close → today’s volatility exceeds the average → watch for reversals or breakouts. When % of Range < % of Close → volatility remains compressed → possible expansion setup ahead.
Pine Script® indicator
by georgepirlog
Momentum Variance OscillatorWhat MVO measures: -PV (Price-Volume) Oscillator – how far price is from a volatility-scaled basis, then weighted by relative volume. - > 0 = bullish pressure; < 0 = bearish pressure. -|PV| larger ⇒ stronger momentum. -Signal line (EMA of PV) – a smoother track of PV; crossings flag momentum shifts. -Zero line gradient – instantly shows direction (greenish bull / reddish bear) and strength (paler → stronger). -Extreme bands (±obLevel) – “hot zone” thresholds; being beyond them = exceptional push. -Variance histogram – MACD-like view (PV minus slower PV-EMA) to see thrust building vs. fading. -(Optional) Bar coloring & background tint – paints price bars and/or the panel on key events so you can read the regime at a glance. -Auto-Tune – searches a grid of (obLevel, weakLvl) pairs and (optionally) auto-applies the best, ranked by CAGR vs. drawdown. Core signals & how to trade them: 1) Define the regime: -Bullish regime: PV above 0 and/or PV above Signal; zero line is in bull gradient. -Bearish regime: PV below 0 and/or PV below Signal; zero line is in bear gradient. -Action: Prefer trades with the regime (avoid fading strong color/strength unless you have a clear reversal setup). 2) Entries: Momentum entry: -Long: PV crosses above Signal while PV > 0. -Short: PV crosses below Signal while PV < 0. Breakout/acceleration: -Long add-on: PV crosses above +obLevel (extreme top) and holds. -Short add-on: PV crosses below −obLevel (extreme bottom) and holds. -Histogram confirm: Growing bars in your direction = thrust improving; shrinking/flip = thrust stalling. 3) Exits / risk: -Soft exit / tighten stops: PV loses the extreme and re-enters inside, or histogram fades/turns against you. -Hard exit / reverse: Opposite PV↔Signal crossover and PV crosses the zero line. -Weak zone filter: If |PV| < weakLvl, treat signals as lower quality (smaller size or skip). 4) Practical setup - Suggested defaults (good starting point): -Signal length: 26 -Volume power: 0.50 -obLevel (extreme): 2.00 -weakLvl: 0.75 -Show histogram & dots: On -Auto-Tune (recommended) -Turn Auto-Select Best ON. MVO will scan obLevel 1.50→3.00 (step 0.05) and weakLvl 0.50→1.00 (step 0.05), then use the top-ranked pair (CAGR/(1+MDD)). -If you want to see the top combos, enable the Optimizer Table (Top-3). 5) Visual options -Bar Colors: Regime+Strength – bars follow the zero-line gradient (great for quick read). -Extremes – paint only when beyond ±obLevel. -Cross Signals – paint only on the bar that crosses an extreme. -Background on breach: A one-bar tint when PV crosses an extreme. 6) Example playbook: Long setup: -Zero line shows bull gradient and PV > 0. -PV crosses above Signal (entry). -If PV drives above +obLevel, consider add-on; trail under the last minor swing or use ATR. -Exit/trim on PV crossing below Signal or histogram turning negative; flatten on a drop through 0. Short setup mirrors the above on the bear side. 7) Tips to avoid common traps: -Don’t fade strong extremes without clear confirmation (e.g., PV re-entering inside + histogram flip). -Respect the weak zone: if |PV| < weakLvl, signals are fragile—size down or wait. -Align with structure: higher-timeframe trend and SR improve expectancy. -Instrument personality matters: use Auto-Tune or re-calibrate obLevel/weakLvl across assets/timeframes. 8) Alerts you can set: -Bull Signal X – PV crossed above Signal -Bear Signal X – PV crossed below Signal -Bull Baseline X – PV crossed above 0 -Bear Baseline X – PV crossed below 0
Pine Script® indicator
by s3raphic333
Overnight Z/VolRatio SignalThis indicator highlights overnight setups where both volatility expansion and prior-day range deviation suggest directional opportunity at the RTH open. It calculates: • Overnight Z-Score (Z_long): how far the overnight session’s range tilts from the 20-day overnight mean, standardized by its standard deviation. • VolRatio: ratio of the current RTH session volume to the 20-day average, a proxy for participation and conviction. Signal Logic (LONG bias) A long-bias condition triggers when: • Z_long ≥ 0.40 (overnight tilt strongly positive) • VolRatio ≥ 1.30 (above-average RTH volume) • Optional filters: R1/R4 region alignment, YDH/YDL proximity, and other context flags. Visuals mark qualifying days with colored labels and session highlights. It is intended as a context signal — not an auto-trading system — for SPY/SPX/ES or correlated large-cap indices. Usage Notes • Works best when applied to daily or intraday 5m chart with extended hours enabled. • Typical exit: ~150 minutes after 09:30 ET. • Fridays are optionally excluded to avoid expiration-related distortions.
Pine Script® indicator
by FoxchaseTrading
MACD-V+ (ATR Normalized MACD)MACD-V+ is an ATR-normalized MACD tool that focuses on true turning points inside Overbought/Oversold zones. It marks a signal only when the MACD’s slope changes direction and shows real progress back toward the zero line, with an optional dwell (depth & time) filter so you don’t get faked out by shallow pokes into a zone. Clean visuals, “first-in-zone” gating, and configurable labeling make it practical for discretionary and systematic traders alike. For best results, adjust Overbought and Oversold levels based on stock volatility. The default settings of 150 and -150 are for highly volatile tickers. Reduce for less volatile tickers. Please help me improve the code for everyone.
Pine Script® indicator
by Moftyman
1
BUY, SELL, RESUME, & CAUTION signal (EMA 9 & 20 + MACD) ON CHART BUY, SELL, CAUTION signal (with RESUME) What it does
A clean, on-chart signal set that works on whatever timeframe your chart is on. It prints labeled circles above the bar and draws a thin connector line with a tiny arrow that points to the bar. All shapes are kept above both EMAs and never touch wicks—spacing is ATR-based and fully adjustable. Signals • BUY – when EMA(9) crosses above EMA(20). • SELL – when EMA(9) crosses below EMA(20). • CAUTION – MACD momentum crosses against the current EMA trend ◦ Bull trend (EMA9 > EMA20) + MACD cross down → CAUTION ◦ Bear trend (EMA9 < EMA20) + MACD cross up → CAUTION • RESUME – after a CAUTION, MACD crosses back with the EMA trend. The circle is labeled “RESUME” (green for bull, red for bear). Why traders use it • Trade with the current: BUY/SELL reflect short-vs-long EMA control on your active timeframe. • Early risk heads-up: CAUTION flags a momentum flip against trend. • Re-engage cleanly: RESUME helps rejoin the move after a wobble. • Uncluttered visuals: Circles/lines/arrows are spaced off price and kept above EMAs for clarity. Inputs Core • EMA Fast / EMA Slow (default 9 / 20) • MACD Fast / Slow / Signal (default 12 / 26 / 9) • Show circles with text, Plot EMAs • Wait for candle close (prevents intrabar flicker; signals/alerts confirm at close) Spacing (ATR-based) • Gap above wick • Base connector length • Extra circle lift • Line top gap under circle (so the line doesn’t touch the circle) • Pad above higher EMA • Extra arrow clearance above EMAs Alerts • BUY Crossover, SELL Crossover, MACD CAUTION, BUY Resume, SELL Resume. • Respect the Wait for candle close setting. For close-only alerts, also choose “Once per bar close” in the alert dialog. Suggested use • Let BUY/SELL define bias on your chart timeframe. • Treat CAUTION as a brake—tighten risk or wait. • Use RESUME to re-enter when momentum realigns with trend. • Combine with higher-TF context and your own entry/exit rules. Notes • Works on futures, stocks, FX, and crypto. • Signals are calculated on the current chart timeframe (no security calls). • With Wait for candle close ON, signals/alerts confirm at close and do not repaint. • Educational tool only—this is not financial advice. • When price action is sideways and choppy, this indicator doesn't function well, when this happens, wait until a trend is established and then try to get in when price touches the 9 EMA line for a higher profitability trade
Pine Script® indicator
by ComposerNYC
LBR 3/10 'Sardine' Oscillator (ATR-Normalized)LBR 3/10 Oscillator - Short-Term Momentum Indicator The LBR 3/10 "Sardine" Oscillator is a short-term momentum indicator developed by Linda Bradford Raschke. This ATR-normalized version provides cross-market comparability and consistent extreme levels across all timeframes and asset classes. What is the LBR 3/10 Oscillator? The LBR 3/10 is designed to capture very short-term momentum shifts by measuring the difference between a 3-period and 10-period moving average. Named after Linda Bradford Raschke's "Trading Sardines" book, this oscillator excels at identifying rapid momentum changes and potential reversal points. Formula: / ATR(10) × 100 Where MA can be either Simple Moving Average (SMA) or Exponential Moving Average (EMA). Why ATR Normalization? Problem with Traditional Oscillators: Traditional momentum oscillators produce values that vary dramatically across different markets and time periods. A reading of 5 might be extreme for one asset but insignificant for another. Solution: ATR normalization divides the raw momentum value by the Average True Range, creating standardized readings that are: Comparable Across Markets: Same interpretation whether analyzing stocks, forex, commodities, or crypto Comparable Across Time: Readings maintain consistent meaning regardless of price levels Universal Extreme Levels: The ±125 levels work consistently across all assets and timeframes Statistical Research Extensive statistical analysis across multiple markets identified the ±125 extreme levels: +125 Level: Reached approximately 4% of the time (extreme bullish momentum) -125 Level: Reached approximately 2% of the time (extreme bearish momentum) These statistically-validated levels provide objective definitions for overbought and oversold conditions, eliminating subjective interpretation. Key Features Core Components LBR 3/10 Line: Main oscillator showing normalized short-term momentum Signal Line: Smoothed moving average of the oscillator (default: 9-period) Extreme Levels: Horizontal lines at ±125 marking statistical extremes Zero Line: Separates bullish and bearish momentum regimes Visual Elements Blue Line: LBR 3/10 oscillator (main momentum line) Red Line: Signal line (smoothed moving average of oscillator) Fill Area: Light blue shaded region between oscillator and signal line Background Zones: Light red (overbought above +125) or light green (oversold below -125) Horizontal Lines: Gray dashed lines at +125, -125, and 0 (zero line solid) Divergence Markers: Green/red circles marking price/oscillator divergences Signal Crosses: Small green/red triangles marking oscillator/signal line crossovers Pullback Markers: Yellow diamond shapes with white "↑PB" or "↓PB" text for first pullback signals Std Dev Bands: Orange circles marking statistical extreme levels (optional, disabled by default) Advanced Features MA Type Selection: Choose between SMA or EMA for both oscillator and signal line Standard Deviation Bands: Optional adaptive extreme levels based on statistical volatility Pullback Detection: Identifies high-probability counter-trend entries during established trends First Pullback Filter: Noise reduction system that highlights initial pullback after trend change Trading Applications 1. Extreme Level Reversals When the oscillator reaches ±125, it indicates stretched momentum conditions: Above +125: Overbought - watch for bearish reversal signals Below -125: Oversold - watch for bullish reversal signals 2. Signal Line Crossovers Bullish Cross: Oscillator crosses above signal line (momentum shift up) Bearish Cross: Oscillator crosses below signal line (momentum shift down) 3. Zero Line Crosses Signal line crossing zero indicates trend regime changes: Cross Above 0: Transition to bullish trend Cross Below 0: Transition to bearish trend 4. Divergence Trading Bullish Divergence: Price makes lower low, oscillator makes higher low Bearish Divergence: Price makes higher high, oscillator makes lower high Best used in combination with other momentum indicators for confirmation 5. Pullback Strategy (High-Probability Setup) Uptrend Pullback: Signal line positive + oscillator crosses below (buy opportunity) Downtrend Pullback: Signal line negative + oscillator crosses above (sell opportunity) First Pullback: Initial counter-trend signal after trend change (highest probability) 6. "Anti" Setup Linda Bradford Raschke's classic setup: Wait for extreme reading (±125) Enter on first pullback signal in opposite direction Captures momentum exhaustion reversals Comprehensive Alert System Extreme Level Alerts Crossed above +125 (overbought) Crossed below -125 (oversold) Divergence Alerts Bullish divergence detected Bearish divergence detected Signal Cross Alerts Bullish cross (oscillator above signal) Bearish cross (oscillator below signal) Trend Change Alerts Signal line crossed above zero (trend change to bullish) Signal line crossed below zero (trend change to bearish) Pullback Alerts Pullback in uptrend (potential buy) Pullback in downtrend (potential sell) FIRST pullback in uptrend (high-probability buy) FIRST pullback in downtrend (high-probability sell) Settings & Parameters LBR 3/10 Settings Fast MA Length: Short-term period (default: 3) Slow MA Length: Baseline period (default: 10) ATR Length: Volatility normalization period (default: 10) MA Type: SMA or EMA selection Extreme High Level: Overbought threshold (default: 125) Extreme Low Level: Oversold threshold (default: -125) Signal Line Show Signal Line: Enable/disable display (default: true) Signal Line Length: Smoothing period (default: 9) Divergence Detection Show Divergences: Enable/disable detection (default: true) Divergence Lookback: Pivot detection period (default: 5) Standard Deviation Bands Show Std Dev Bands: Enable/disable adaptive levels (default: false) Std Dev Multiplier: Band width adjustment (default: 1.5) Std Dev Length: Calculation period (default: 100) Best Practices Trending Markets Focus on pullback signals in direction of trend Use first pullback filter for highest-probability entries Watch for extreme levels as profit-taking zones Ranging Markets Trade reversals at extreme levels (±125) Use divergences with additional momentum indicator confirmation Avoid signal line crosses near zero (low-quality signals) Multi-Timeframe Analysis Higher timeframe: Identify trend direction (signal line above/below zero) Lower timeframe: Time precise entries using pullback signals Confirmation: Use additional momentum indicators for signal validation Risk Management Reduce position size at extreme levels (increased reversal risk) Use ATR-based stops (e.g., 2× ATR from entry) Exit on opposite extreme level or signal line zero cross Chart Legend - Visual Signal Guide Lines and Fills 🔵 Blue Line: LBR 3/10 oscillator value 🔴 Red Line: Signal line (9-period MA of oscillator) 💠 Light Blue Fill: Area between oscillator and signal line (visual momentum gauge) Background Colors 🟥 Light Red Background: Extreme overbought zone (LBR > +125) 🟩 Light Green Background: Extreme oversold zone (LBR < -125) Horizontal Reference Lines ➖ +125 (Gray Dashed): Overbought extreme level ➖ 0 (Gray Solid): Zero line - trend separator ➖ -125 (Gray Dashed): Oversold extreme level Signal Markers 🟢 Green Circle: Bullish divergence detected (price lower low, oscillator higher low) 🔴 Red Circle: Bearish divergence detected (price higher high, oscillator lower high) ▲ Green Triangle Up: Bullish signal cross (oscillator crosses above signal line) ▼ Red Triangle Down: Bearish signal cross (oscillator crosses below signal line) Yellow Diamond "↑PB": First pullback in uptrend (high-probability buy setup) Yellow Diamond "↓PB": First pullback in downtrend (high-probability sell setup) Combining with MACD-V+ Indicator LBR 3/10 and MACD-V+ work together as a powerful two-timeframe momentum system: Indicator Roles MACD-V+: Strategic direction (12-26 period) - identifies market regime and lifecycle state LBR 3/10: Tactical timing (3-10 period) - pinpoints precise entry and exit moments Key Principles Strategic Filter: MACD-V+ determines IF you should trade (market regime) Tactical Timing: LBR 3/10 determines WHEN to enter (precise timing) Confirmation Reduces Risk: Trade only when both indicators agree Respect Lifecycle Changes: Exit when MACD-V+ state changes against your position Methodology The LBR 3/10 indicator implements statistical analysis and volatility normalization techniques to create a universal short-term momentum tool. This approach enables consistent interpretation across all markets and timeframes. The indicator implements: ATR-based normalization for cross-market comparability Statistical extreme level validation (±125 levels) Noise reduction through first pullback filtering Dual MA type support (SMA/EMA) for flexibility Standard deviation bands for adaptive threshold levels LBR 3/10 provides traders with a precise tool for short-term momentum analysis and tactical entry timing. Combined with proper risk management and multi-timeframe analysis, it offers objective signals for both trend-following and reversal trading strategies. This indicator is designed for educational and analytical purposes. Past performance does not guarantee future results. Always conduct thorough research and consider consulting with financial professionals before making investment decisions.
Pine Script® indicator
by audrius_exe
2
MACD-V+MACD-V+ Indicator - Advanced Momentum Analysis The MACD-V+ indicator is an enhanced version of the volatility-normalized MACD methodology developed by Alex Spiroglou. This approach addresses critical limitations of traditional MACD through ATR-based volatility normalization, providing comparable values across time and markets. What is MACD-V? MACD-V applies Average True Range (ATR) normalization to traditional MACD, creating a universal momentum indicator that works consistently across all markets and timeframes. The methodology was developed through extensive statistical research analyzing multiple markets and timeframes. Formula: × 100 This normalization transforms MACD from price-dependent values into standardized momentum readings. Traditional MACD Limitations Limitation 1: Non-Comparable Values Across Time Traditional MACD values cannot be compared across different time periods due to varying price levels. S&P 500 maximum MACD was 1.56 in 1957-1971, but reached 86.31 in 2019-2021 - not indicating 55x stronger momentum, but simply different price scales. Solution: MACD-V provides comparable historical values where a reading of 100 today has the same mathematical meaning as 100 in any previous period. Limitation 2: Non-Comparable Across Markets Traditional MACD cannot compare momentum between different assets. S&P 500 MACD of 65 versus EUR/USD MACD of -0.5 reflects price differences, not relative strength. Solution: MACD-V creates universal levels that work across all markets. The ±150 extreme levels apply consistently whether analyzing stocks, bonds, commodities, or currencies. Limitation 3: No Objective Momentum System Traditional MACD lacks universal overbought or oversold level definitions, making systematic analysis difficult. Solution: MACD-V provides an objective 7-stage momentum lifecycle system with clearly defined zones and state transitions. Limitation 4: Signal Line False Signals In low momentum environments, traditional MACD generates multiple false signals as the line oscillates near zero. Solution: MACD-V filters signal quality by identifying neutral zones (-50 to +50) where signal reliability is lower. Limitation 5: Signal Line Timing Lag During extreme momentum, traditional MACD signal line lags significantly due to large separation from the MACD line. Solution: MACD-V anticipates timing issues in extreme momentum environments (±150) through zone-based analysis and lifecycle states. Universal Application MACD-V+ works across: Individual Stocks Forex Pairs Commodity Futures Cryptocurrencies All Timeframes Key Features Zone System Overbought Zone: Above +150 (extreme bullish momentum) Rally Zone: +50 to +150 (strong bullish momentum) Ranging Zone: -50 to +50 (neutral/low momentum) Rebound Zone: -50 to -150 (strong bearish momentum) Oversold Zone: Below -150 (extreme bearish momentum) 7-Stage Lifecycle States Ranging: Neutral momentum in -50 to +50 zone Rallying: Rally zone + MACD above Signal + rising momentum Overbought: Extreme zone above +150 Retracing: Rally zone + MACD below Signal (pullback from overbought) Reversing: Rebound zone + MACD below Signal + falling momentum Oversold: Extreme zone below -150 Rebounding: Rebound zone + MACD above Signal (recovery from oversold) Visual Status Display Real-Time State Table: Shows current lifecycle state name Color-Coded States: Blue (Rallying/Rebounding), Red (Overbought/Oversold), Orange (Retracing/Reversing), Gray (Ranging) Strength Multiplier: Live histogram strength indicator (e.g., "x 1.45") Enhanced Features (Plus) Absolute Histogram MA: ATR-length moving average of absolute histogram values for strength measurement Direction-Aware Display: MA line follows histogram sign (positive above 0, negative below 0) Strength Multiplier: Current momentum vs. average strength ratio (always positive value) Histogram Extreme Levels: Short-term overbought/oversold (±40) for pullback detection Chart Legend - Visual Signal Guide Lines and Histogram 🔵 Blue Line: MACD-V value (ATR-normalized momentum) 🟠 Orange Line: Signal line (9-period EMA of MACD-V) 📊 Histogram Bars: MACD-V minus Signal line (momentum differential) Histogram Colors: Green shades (positive momentum), Red shades (negative momentum) 🟡 Yellow Line: Dynamic MA of absolute histogram values (follows histogram sign) Background Colors 🟥 Light Red Background: Extreme overbought zone (MACD-V > +150) 🟩 Light Green Background: Extreme oversold zone (MACD-V < -150) Horizontal Reference Lines ➖ +150 (Gray Dashed): Overbought extreme level ➖ +50 (Gray Dashed): Rally zone entry level ➖ 0 (Gray Solid): Zero line - trend separator ➖ -50 (Gray Dashed): Rebound zone entry level ➖ -150 (Gray Dashed): Oversold extreme level Optional Histogram Levels ➖ +40 (Yellow Dashed): Histogram short-term overbought ➖ -40 (Yellow Dashed): Histogram short-term oversold Status Table 📋 Top-Center Table: Current lifecycle state display State Name: RANGING / RALLYING / OVERBOUGHT / RETRACING / REVERSING / OVERSOLD / REBOUNDING Histogram Warning: Short-term overbought/oversold alerts (±40 levels) State Label 📊 Label at MACD/Signal Midpoint: Current lifecycle state with strength analysis State Name: RANGING / RALLYING / OVERBOUGHT / RETRACING / REVERSING / OVERSOLD / REBOUNDING Strength Multiplier Interpretation: - Strong acceleration (>1.75): Powerful momentum, trend continuation likely - Moderate progression (1.25-1.75): Normal trend strength - Trend continuation (0.75-1.25): Stable momentum near average - Watch for reversal (0.25-0.75): Weakening momentum - Trend exhaustion (<0.25): Very weak momentum, reversal possible Trading Applications 1. Lifecycle State Trading Enter Long: When state changes to "RALLYING" (strong bullish momentum established) Enter Short: When state changes to "REVERSING" (strong bearish momentum established) Exit/Reduce: When state reaches "OVERBOUGHT" or "OVERSOLD" (extreme levels) Avoid Trading: When state is "RANGING" (low momentum, unreliable signals) 2. Zone-Based Trading Rally Zone (+50 to +150): Look for pullback entries (histogram dips) Rebound Zone (-50 to -150): Look for bounce entries (histogram rises) Extreme Zones (±150+): Prepare for reversal or take profits Ranging Zone (-50 to +50): Wait for breakout confirmation 3. Signal Line Crossovers Bullish Cross: MACD-V crosses above Signal line (momentum shift up) Bearish Cross: MACD-V crosses below Signal line (momentum shift down) Quality Filter: Trust crossovers in Rally/Rebound zones, ignore in Ranging zone 4. Zero Line Crosses Cross Above 0: Transition to bullish regime Cross Below 0: Transition to bearish regime Trend Confirmation: Strong trends keep MACD-V on same side of zero 5. Histogram Extreme Strategy Above +40: Short-term overbought - potential pullback Below -40: Short-term oversold - potential bounce Use with Trend: Buy dips to -40 in uptrend, sell rallies to +40 in downtrend 6. Strength Multiplier Analysis > 1.75: Strong acceleration - powerful momentum, trend continuation highly likely 1.25 to 1.75: Moderate progression - normal healthy trend strength 0.75 to 1.25: Trend continuation - stable momentum near average strength 0.25 to 0.75: Watch for reversal - momentum weakening significantly < 0.25: Trend exhaustion - very weak momentum, reversal possible Comprehensive Alert System Lifecycle State Change Alerts Range Entered (low momentum warning) Rally Started (bullish momentum established) Overbought Reached (extreme bullish level) Overbought Exit (leaving extreme zone) Retracing Started (pullback from overbought) Reversal Started (bearish momentum established) Oversold Reached (extreme bearish level) Oversold Exit (leaving extreme zone) Rebounding Started (recovery from oversold) Alert Builder Integration Binary outputs (1/0) for external alert systems: Individual state flags for each of 7 lifecycle states Strength multiplier value for programmatic trend assessment Settings & Parameters MACD Configuration MACD Fast: Fast EMA period (default: 12) MACD Slow: Slow EMA period (default: 26) Signal Line: Signal smoothing period (default: 9) Source: Price source (default: Close) Zone Boundaries Overbought: Extreme bullish level (default: 150) Oversold: Extreme bearish level (default: -150) Rally: Strong bullish zone entry (default: 50) Rebound: Strong bearish zone entry (default: -50) Histogram Bounds Histogram OB: Short-term overbought (default: 40) Histogram OS: Short-term oversold (default: -40) Trend Filters MA Type: Histogram strength MA calculation method (None / SMA / EMA) Show Elder Impulse Plus: Bar color system based on EMA(13) + histogram direction 200 EMA trend: Trend Filter v1 - Bull/Bear classification (adaptive MACD-V levels) 50/200 EMA 6-stage: Trend Filter v2 - Chuck Dukas Diamond 6-stage market classification Best Practices Trending Markets Focus on "RALLYING" or "REVERSING" states for entries Use histogram pullbacks (±40) for position additions Monitor strength multiplier - exit if drops below 0.25 Take profits in extreme zones (±150+) Yellow MA crossing histogram warns of momentum shift Ranging Markets Avoid trading when state is "RANGING" Wait for clear zone entry (Rally/Rebound zone) Use shorter timeframes for precision Reduce position sizes due to lower reliability Multi-Timeframe Analysis Higher timeframe: Identify market regime (lifecycle state) Lower timeframe: Time precise entries (histogram pullbacks) Alignment: Trade only when both timeframes agree on direction Risk Management Reduce position size in extreme zones (±150+) Use lifecycle state changes for stop-loss placement Scale out of positions when strength multiplier < 0.25 Avoid counter-trend trades in strong states (RALLYING/REVERSING) Watch yellow MA - when it crosses below histogram absolute value, momentum weakening Combining with LBR 3/10-V Indicator MACD-V+ and LBR 3/10-V create a powerful two-timeframe momentum system for strategic direction and tactical timing. Strategic Filter: MACD-V+ determines WHETHER to trade (market regime) Tactical Precision: LBR 3/10-V determines WHEN to enter (timing) Double Confirmation: Both indicators must agree on direction Lifecycle Management: Exit when MACD-V+ state changes Strength Validation: Use MACD-V+ multiplier for position sizing Extreme Respect: Both hitting extremes = high reversal probability Methodology MACD-V methodology is based on volatility normalization using Average True Range (ATR). This approach transforms traditional MACD into a universal momentum indicator with statistically-validated zones and objectively-defined states. The indicator implements: ATR-based normalization for cross-market comparability Statistical analysis for universal zone definitions (±150, ±50) Lifecycle state system for objective trend identification Absolute histogram MA with direction-aware visualization (ATR-length period) Strength multiplier: ratio of current to average absolute momentum (always positive) Dynamic status table adapting to active trend filters MACD-V+ transforms momentum analysis from subjective interpretation into objective, quantifiable measurements. Combined with LBR 3/10-V for tactical timing, it provides a complete framework for systematic trading across all financial markets and timeframes. This indicator is designed for educational and analytical purposes. Past performance does not guarantee future results. Always conduct thorough research and consider consulting with financial professionals before making investment decisions.
Pine Script® indicator
by audrius_exe
1
RSI with Dynamic Overbought/Oversold Levels [SwissAlgo]RSI with Dynamic Overbought/Oversold Levels RSI indicator with adaptive overbought/oversold levels based on percentile analysis instead of fixed thresholds 30/70. ---------------------------------------------------------------- OVERVIEW Traditional RSI uses static 30/70 levels that may fail to adapt to changing market conditions. This indicator calculates dynamic overbought/oversold zones based on recent price behavior, providing context-aware signals across dynamic volatility regimes. ---------------------------------------------------------------- KEY FEATURES Dynamic percentile bands (98th, 95th, 90th, 10th, 5th, 2nd) that automatically adjust to current market volatility Color-coded RSI line: red when above 98th percentile (extreme overbought), green when below 2nd percentile (extreme oversold), purple otherwise Highlighted extreme zones with subtle background fills for easy visual identification Adjustable responsiveness: Fast (50 bars), Medium (100 bars), or Slow (200 bars) for different trading styles and timeframes Optional smoothing MA with multiple types: SMA, EMA, RMA, WMA, VWMA Built-in alerts for extreme overbought/oversold conditions ---------------------------------------------------------------- HOW IT WORKS The indicator tracks RSI values over a rolling window and calculates percentile ranks. When RSI reaches its 98th percentile, it means current momentum is stronger than 98% of recent readings — signaling a potentially extreme overbought condition relative to recent behavior, not just an arbitrary fixed level. ---------------------------------------------------------------- USAGE Watch for RSI entering colored extreme zones (red/green fills) for potential exhaustion signals Use the 90th/10th percentile bands as early warning levels Combine with price action, support/resistance, or other indicators and your own analysis for confirmation Adjust responsiveness based on your timeframe ---------------------------------------------------------------- SETTINGS RSI Length: Standard 14-period default, adjustable RSI Source: Close price default, customizable Responsiveness: Choose how quickly percentile bands adapt to new data Smoothing: Optional moving average overlay on RSI Show Percentile Bands: Toggle visibility of dynamic levels ---------------------------------------------------------------- ALERTS Two alert conditions are available: RSI Extreme Overbought (crosses above 98th percentile) RSI Extreme Oversold (crosses below 2nd percentile) ---------------------------------------------------------------- NOTES Percentile levels recalculate as new data arrives, providing adaptive context rather than fixed historical values. This is intentional; the indicator shows where RSI stands relative to recent market behavior, not potentially outdated static thresholds. ---------------------------------------------------------------- LIMITATIONS & DISCLAIMER PERCENTILE RECALCULATION This indicator uses rolling percentile calculations that update as new price data arrives. Historical percentile levels may shift slightly as the lookback window moves forward . This is by design; the indicator provides context relative to recent market behavior, not static historical thresholds. Users should be aware that backtest results may differ slightly from real-time performance due to this adaptive nature. NO PREDICTIVE CLAIMS This indicator identifies when RSI reaches extreme levels relative to recent history. It does NOT predict future price movements, guarantee reversals, or provide trading signals. Extreme overbought/oversold conditions can persist during strong trends, price may continue moving in the same direction even after entering extreme zones. ALERT TIMING Alerts trigger when RSI crosses percentile thresholds on bar close. In fast-moving markets, significant price movement may occur between alert generation and user response. Always confirm conditions and DYOR before taking action. NOT FINANCIAL ADVICE This tool is for informational and educational purposes only. It does not constitute financial, investment, or trading advice. Past performance of any trading system or methodology is not indicative of future results. Trading involves substantial risk of loss and is not suitable for all investors. USER RESPONSIBILITY Users are solely responsible for their trading decisions. Always conduct your own analysis, implement proper risk management, and never risk more than you can afford to lose. Test thoroughly on paper/demo accounts before live trading. NO WARRANTIES This indicator is provided "as is" without warranties of any kind. The author assumes no responsibility for trading losses, technical errors, or any damages resulting from the use of this indicator.
Pine Script® indicator
by SwissAlgo
Market Sentiment OscillatorMarket Sentiment Oscillator Overview The Market Sentiment Oscillator is a Pine Script v6 indicator for TradingView that assesses market context with a composite oscillator. It blends MACD, RSI, and Volume Price Trend (VPT) into a normalized score, with optional multi-timeframe (MTF) averaging and optional trail lines to visualize recent extremes. Weighting and normalization are used to keep the scale consistent across symbols and timeframes. A compact status table summarizes sentiment, trend, and turning-point markers. How It Works • Composite score: finalScore = 0.4 · MACD_hist + 0.4 · ((RSI − 50)/50) + 0.2 · VPT_norm. MACD/RSI emphasize momentum; VPT_norm (z-score of a cumulative VPT) adds volume context. • MTF (optional): The same score is computed on a higher timeframe (default: 1H) and averaged with the chart-TF score for broader context. MTF requests use lookahead_off. • Neutral buffer: Readings within ±0.2 (default) are treated as neutral to reduce noise. • Markers: Early turning points are labeled Hypothetical; labels switch to Verified after a fixed bar count. • Trails (visual only): Lines connect recent extreme highs/lows of the oscillator, with optional dashed previews and short forward extensions for illustration. Key Features • Composite Sentiment Score: Structured blend of MACD, RSI, and normalized VPT. • Multi-Timeframe Context : Optional averaging with a higher timeframe score. • Visual Trails: Extreme-to-extreme lines and optional previews for context (charting aid). • Adaptive Coloring: Gradient or solid coloring based on direction and magnitude. • Turning-Point Markers: Hypothetical and Verified labels for tops/bottoms. • Status Table: Summarizes sentiment state, trend, and recent turning-point info. • Customizable: MACD/RSI/VPT inputs, neutral zone, colors, visibility. What It Displays A composite, normalized view of momentum and volume context, with optional higher-timeframe blending and visual trails to help interpret shifts between bearish, neutral, and bullish conditions. Originality Original Pine v6 implementation using TradingView built-ins: ta.macd, ta.rsi, ta.cum, ta.sma, ta.stdev, ta.pivothigh, ta.pivotlow, and request.security. Common Uses • Reviewing momentum context alongside volume influence. • Illustrating shifts between bearish/neutral/bullish conditions. • Adding higher-timeframe context to a lower-timeframe view. Configuration Notes Set MACD (default 12/26/9), RSI (default 14), and VPT options. Choose a higher timeframe (default 1H) if using MTF. Adjust the neutral zone (default ±0.2), coloring mode, and visibility of trails and table. Repainting & Limitations • MTF: Uses lookahead_off to avoid higher-timeframe repainting. • Pivots/labels: Turning-point pivots are verified only after the required right bars close; “Hypothetical” labels are early and may update intra-bar. • Trails/previews: Visual aids only; previews and short forward extensions can update while a bar is forming. Legal Disclaimer This indicator is for informational and educational purposes only—not investment, financial, or trading advice. Past performance does not guarantee future results; trading involves risk of loss. Provided “as is” without warranties. Consult a qualified professional before making decisions.
Pine Script® indicator
by TradingScriptSolutions
AiBuyZone Long Short - Optimized Floater (1h+ Only) FREEAibuyzone Long Short – Optimized Floater (1h+ Only) The AiBuyZone Long Short – Optimized Floater is a trading tool designed to help traders quickly identify potential long and short opportunities while maintaining a clear, lightweight chart view. 🔑 Key Features Timeframe Restriction → Only works on 1H and higher charts to reduce noise and provide more reliable signals. Trend + Momentum Confirmation → Uses EMA crossovers combined with RSI positioning to filter signals. Automated Risk Management → Dynamically calculates stop loss and two take-profit levels (TP1 & TP2) based on risk/reward multipliers. Floating Trade Panel → A status panel that always stays to the right of the latest candle, showing live trade info (direction, entry, SL, TP1, TP2). Dynamic Anchoring → During trades, the floater locks near the entry price; when idle, it floats in the mid-range of recent price action. Clean Visualization → SL/TP levels are drawn as lightweight dashed/dotted lines, while all trade details are consolidated into the floater panel. 📌 Usage Wait for a LONG or SHORT status to appear in the floating panel. The panel will display entry, stop loss, and take-profit levels once a trade condition is triggered. Signals are educational tools — users should confirm them with their own analysis. ⚠️ Disclaimer This script is for educational purposes only. It does not constitute financial advice or guarantee performance. Always practice proper risk management and confirm signals before trading live markets.
Pine Script® indicator
by aibuyzone
1