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Centered Oscillators

VALDEX-H + Squeeze MomentumVALDEX H-SQ: The Harmonized Momentum & Trend Engine The VALDEX H-SQ is a powerful combined indicator engineered to provide traders with clear, synchronized signals for both market momentum and trend confirmation, all within a single, visually harmonized pane. This script fuses two robust components: the Squeeze Momentum Indicator (modified and scaled) and the Heikin-Ashi RSI (HARSI) method, offering a high-contrast view of market dynamics. ⭐ Key Features & Components 📈 Scaled Squeeze Momentum: The primary engine for market compression and release. It clearly shows when volatility has been squeezed out (potential for a large move) and the direction of the momentum acceleration/deceleration. Bright Colors (Green/Red): Indicate Accelerating Momentum (High confidence entry). Dark Colors (Dark Green/Dark Red): Indicate Decelerating Momentum (Signal to manage or consider exit). 📊 VALDEX-H Candles (Heikin-Ashi RSI): These unique candles provide clear trend confirmation by plotting the RSI smoothed and translated into a Heikin-Ashi format. Teal/Green Candles: Confirms a strong Uptrend. Red/Maroon Candles: Confirms a strong Downtrend. 🔵 RSI Overlay Line: A smoothed RSI line is plotted on top of the Squeeze histogram, offering a precise view of the overall trend strength and potential turning points. ✅ Harmonized Scaling: Both the Squeeze Momentum and the VALDEX-H components have been custom-scaled to the ±30 range, ensuring visual coherence and making it easy to compare the strength of momentum release against the underlying trend. 🔔 How to Use VALDEX H-SQ The most reliable signals are generated by combining the two components: LONG Entry Signal (Buy): Look for the Squeeze Momentum crossing above zero with the color switching to Bright Green (Accelerating Positive Momentum) AND the VALDEX-H Candles turning Teal/Green. SHORT Entry Signal (Sell): Look for the Squeeze Momentum crossing below zero with the color switching to Bright Red (Accelerating Negative Momentum) AND the VALDEX-H Candles turning Red/Maroon. Exit/Profit Taking: Consider exiting when the Squeeze momentum color shifts from Bright (Accelerating) to Dark (Decelerating), indicating momentum exhaustion. This is the ultimate tool for traders who demand clarity, precision, and visual harmony in their momentum and trend analysis.
Pine Script® indicator
by Jordi035
Valdex HARSI English Description: VALDEX-H (Standalone) Title: VALDEX-H (Valdex Heikin-Ashi RSI) Overview The VALDEX-H is an advanced momentum oscillator designed to provide a cleaner and less noisy view of market momentum compared to a standard Relative Strength Index (RSI). It integrates Heikin-Ashi smoothing logic directly into the RSI calculation, effectively filtering market fluctuations and providing clearer trend visualization, optimized for Pine Script v6. Key Components and Signals Custom Candle Plot: The core of VALDEX-H is a series of candles plotted within the indicator panel, generated from the smoothed RSI data itself. Green/Teal Candles: Indicate strong or rising bullish momentum. Red/Maroon Candles: Indicate strong or rising bearish momentum. The consistency of the candle color is the primary trend signal. RSI Overlay Line: A smoothed line that plots the overall trajectory of the VALDEX-H signal, useful for identifying divergences and general momentum flow. Fixed Reference Levels: The indicator uses fixed, non-editable levels for standardized overbought and oversold analysis: Overbought (OB): +30 Oversold (OS): -30 Zero Line (0): Acts as the median, signaling the shift between bullish and bearish control. How to Use The VALDEX-H excels at identifying low-risk entry points and trend shifts: Trend Confirmation: Use the candle color to confirm the market's trend direction. A shift from Red to Green/Teal suggests a potential bottom or reversal. Overbought/Oversold Reversals: Look for the RSI Overlay Line to touch or cross the +30 or -30 levels, followed by a change in candle color for high-probability reversal signals. Cross Zero Signal: A strong signal occurs when the RSI Overlay Line crosses the zero line, confirming the shift from bearish control (below 0) to bullish control (above 0), or vice-versa.
Pine Script® indicator
by Jordi035
SWRSI Trends (Source Out)Overview SWRSI Trends is a specialized momentum indicator based on the Relative Strength Index (RSI). While it functions as a visual trading aid with bar coloring and signal shapes, its primary purpose is to serve as a modular signal provider for other strategies and backtesting bots on TradingView. It detects trend reversals by monitoring RSI crossovers at specific custom levels (Default: 60 and 40), rather than the standard 70/30 extreme zones. Key Features 1. External Source Outputs (Connect to Bots) This script includes hidden plot outputs specifically designed to interface with other scripts. RSI LONG SIGNAL (Source): Outputs a value of 1 when a Long condition is met, 0 otherwise. RSI SHORT SIGNAL (Source): Outputs a value of 1 when a Short condition is met, 0 otherwise. Usage: You can select these outputs as the "Entry Source" in compatible Strategy scripts or Backtest Bots without needing to copy-paste code. 2. Signal Logic Long Signal: Triggered when the RSI line crosses OVER the Lower Threshold (Default: 40). This indicates momentum is recovering from the lower zone. Short Signal: Triggered when the RSI line crosses UNDER the Upper Threshold (Default: 60). This indicates momentum is cooling off from the upper zone. 3. Visual Aids Bar Coloring: Candles change color based on RSI position (Green above 60, Red below 40). Dynamic Line: The RSI line changes color to reflect the current zone. Settings RSI Length: The lookback period for calculation (Default: 14). Short Threshold: Level for bearish crossover (Default: 60). Long Threshold: Level for bullish crossover (Default: 40). Color Bars: Toggle candle painting on/off. How to Connect to Another Indicator Add SWRSI Trends to your chart. Open the settings of your Target Strategy/Bot (e.g., SwietcherBot). In the "Source" or "External Signal" input field, select "SWRSI Trends: RSI LONG SIGNAL" or "RSI SHORT SIGNAL" from the dropdown menu.
Pine Script® indicator
by SwSpace
Hash Momentum Strategy# Hash Momentum Strategy ## 📊 Overview The **Hash Momentum Strategy** is a professional-grade momentum trading system designed to capture strong directional price movements with precision timing and intelligent risk management. Unlike traditional EMA crossover strategies, this system uses momentum acceleration as its primary signal, resulting in earlier entries and better risk-to-reward ratios. --- ## ⚡ What Makes This Strategy Unique ### 1. Momentum-Based Entry System Most strategies rely on lagging indicators like moving average crossovers. This strategy captures momentum *acceleration* - entering when price movement is gaining strength, not after the move has already happened. ### 2. Programmable Risk-to-Reward Set your exact R:R ratio (1:2, 1:2.5, 1:3, etc.) and the strategy automatically calculates stop loss and take profit levels. No more guessing or manual calculations. ### 3. Smart Partial Profit Taking Lock in profits at multiple stages: - **First TP**: Take 50% off at 2R - **Second TP**: Take 40% off at 2.5R - **Final TP**: Let 10% ride to maximum target This approach locks in gains while letting winners run. ### 4. Dynamic Momentum Threshold Uses ATR (Average True Range) multiplied by your threshold setting to adapt to market volatility. Volatile markets = higher threshold. Quiet markets = lower threshold. ### 5. Trade Cooldown System Prevents overtrading and revenge trading by enforcing a cooldown period between trades. Configurable from 1-24 bars. ### 6. Optional Session & Weekend Filters Filter trades by Tokyo, London, and New York sessions. Optional weekend-off toggle to avoid low-liquidity periods. --- ## 🎯 How It Works ### Signal Generation **STEP 1: Calculate Momentum** - Momentum = Current Price - Price - Check if Momentum > ATR × Threshold Multiplier - Momentum must be accelerating (positive change in momentum) **STEP 2: Confirm with EMA Trend Filter** - Long: Price must be above EMA - Short: Price must be below EMA **STEP 3: Check Filters** - Not in cooldown period - Valid session (if enabled) - Not weekend (if enabled) **STEP 4: ENTRY SIGNAL TRIGGERED** ### Risk Management Example **Example Long Trade:** - Entry: $100 - Stop Loss: $97.80 (2.2% risk) - Risk Amount: $2.20 **Take Profit Levels:** - TP1: $104.40 (2R = $4.40) → Close 50% - TP2: $105.50 (2.5R = $5.50) → Close 40% - Final: $105.50 (2.5R) → Close remaining 10% --- ## ⚙️ Settings Guide ### Core Strategy **Momentum Length** (Default: 13) Number of bars for momentum calculation. Higher = stronger but fewer signals. **Momentum Threshold** (Default: 2.25) ATR multiplier. Higher = only trade biggest moves. **Use EMA Trend Filter** (Default: ON) Only long above EMA, short below EMA. **EMA Length** (Default: 28) Period for trend-confirming EMA. ### Filters **Use Trading Session Filter** (Default: OFF) Restrict trading to specific sessions. **Tokyo Session** (Default: OFF) Trade during Asian hours (00:00-09:00 JST). **London Session** (Default: OFF) Trade during European hours (08:00-17:00 GMT). **New York Session** (Default: OFF) Trade during US hours (08:00-17:00 EST). **Weekend Off** (Default: OFF) Disable trading on Saturdays and Sundays. ### Risk Management **Stop Loss %** (Default: 2.2) Fixed percentage stop loss from entry. **Risk:Reward Ratio** (Default: 2.5) Your target reward as multiple of risk. **Use Partial Profit Taking** (Default: ON) Take profits in stages. **First TP R:R** (Default: 2.0) First target as multiple of risk. **First TP Size %** (Default: 50) Percentage of position to close at TP1. **Second TP R:R** (Default: 2.5) Second target as multiple of risk. **Second TP Size %** (Default: 40) Percentage of position to close at TP2. ### Trade Management **Use Trade Cooldown** (Default: ON) Prevent overtrading. **Cooldown Bars** (Default: 6) Bars to wait after closing a trade. --- ## 🎨 Visual Elements ### Chart Indicators 🟢 **Green Dot** (below bar) = Long entry signal 🔴 **Red Dot** (above bar) = Short entry signal 🔵 **Blue X** (above bar) = Long position closed 🟠 **Orange X** (below bar) = Short position closed **EMA Line** = Trend direction (green when bullish, red when bearish) **White Line** = Entry price **Red Line** = Stop loss level **Green Lines** = Take profit levels (TP1, TP2, Final) ### Dashboard When not in real-time mode, a dashboard displays: - Current position (LONG/SHORT/FLAT) - Entry price - Stop loss price - Take profit price - R:R ratio - Current momentum strength - Total trades - Win rate - Net profit % --- ## 📈 Recommended Settings by Timeframe ### 1-Hour Timeframe (Default) - Momentum Length: 13 - Momentum Threshold: 2.25 - EMA Length: 28 - Stop Loss: 2.2% - R:R Ratio: 2.5 - Cooldown: 6 bars ### 4-Hour Timeframe - Momentum Length: 24-36 - Momentum Threshold: 2.5 - EMA Length: 50 - Stop Loss: 3-4% - R:R Ratio: 2.0-2.5 - Cooldown: 6-8 bars ### 15-Minute Timeframe - Momentum Length: 8-10 - Momentum Threshold: 2.0 - EMA Length: 20 - Stop Loss: 1.5-2% - R:R Ratio: 2.0 - Cooldown: 4-6 bars --- ## 🔧 Optimization Tips ### Want More Trades? - Decrease Momentum Threshold (2.0 instead of 2.25) - Decrease Momentum Length (10 instead of 13) - Decrease Cooldown Bars (4 instead of 6) ### Want Higher Quality Trades? - Increase Momentum Threshold (2.5-3.0) - Increase Momentum Length (18-24) - Increase Cooldown Bars (8-10) ### Want Lower Drawdown? - Increase Cooldown Bars - Use tighter stop loss - Enable session filters (trade only high-liquidity sessions) - Enable Weekend Off ### Want Higher Win Rate? - Increase R:R Ratio (may reduce total profit) - Increase Momentum Threshold (fewer but stronger signals) - Use longer EMA for trend confirmation --- ## 📊 Performance Expectations Based on typical backtesting results: - **Win Rate**: 35-45% - **Profit Factor**: 1.5-2.0 - **Risk:Reward**: 1:2.5 (configurable) - **Max Drawdown**: 10-20% - **Trades/Month**: 8-15 (1H timeframe) **Note:** Win rate may appear low, but with 2.5:1 R:R, you only need ~29% win rate to break even. The strategy aims for quality over quantity. --- ## 🎓 Strategy Logic Explained ### Why Momentum > EMA Crossover? **EMA Crossover Problems:** - Signals lag behind price - Late entries = poor R:R - Many false signals in ranging markets **Momentum Advantages:** - Catches moves as they start accelerating - Earlier entries = better R:R - Adapts to volatility via ATR ### Why Partial Profit Taking? **Without Partial TPs:** - All-or-nothing approach - Winners often turn to losers - High stress watching open positions **With Partial TPs:** - Lock in 50% at first target - Reduce risk to breakeven - Let remainder ride for bigger gains - Lower psychological pressure ### Why Trade Cooldown? **Without Cooldown:** - Revenge trading after losses - Overtrading in choppy markets - Emotional decision-making **With Cooldown:** - Forces discipline - Waits for new setup to develop - Reduces transaction costs - Better signal quality --- ## ⚠️ Important Notes 1. **This is a momentum strategy, not an EMA strategy** The EMA only confirms trend direction. Momentum generates the actual signals. 2. **Backtest thoroughly before live trading** Past performance ≠ future results. Test on your specific asset and timeframe. 3. **Use proper position sizing** Risk 1-2% of account per trade maximum. The strategy uses 100% equity by default (adjust in Properties). 4. **Dashboard auto-hides in real-time** Clean chart for live trading. Visible during backtesting. 5. **Customize for your trading style** All settings are fully adjustable. No single "best" configuration. --- ## 🚀 Quick Start Guide 1. **Add to Chart**: Apply to your preferred asset and timeframe 2. **Keep Defaults**: Start with default settings 3. **Backtest**: Review historical performance 4. **Paper Trade**: Test with simulated money first 5. **Go Live**: Start small and scale up --- ## 💡 Pro Tips **Tip 1: Combine Timeframes** Use higher timeframe (4H) for trend direction, lower timeframe (1H) for entries. **Tip 2: Avoid News Events** Major news can cause whipsaws. Consider manual intervention during high-impact events. **Tip 3: Monitor Momentum Strength** Dashboard shows momentum in sigma (σ). Values >1.0σ indicate very strong momentum. **Tip 4: Adjust for Volatility** In high-volatility markets, increase threshold and stop loss. In quiet markets, decrease them. **Tip 5: Review Losing Trades** Check if losses are hitting stop loss or reversing. Adjust stop accordingly. --- ## 📝 Changelog **v1.0** - Initial Release - Momentum-based signal generation - EMA trend filter - Programmable R:R ratio - Partial profit taking (3 stages) - Trade cooldown system - Session filters (Tokyo/London/New York) - Weekend off toggle - Smart dashboard (auto-hides in real-time) - Clean visual design --- ## 🙏 Credits Developed by **Hash Capital Research** If you find this strategy useful, please give it a like and share with others! --- ## ⚖️ Disclaimer This strategy is for educational purposes only. Trading involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. Always do your own research and consult with a qualified financial advisor before trading. --- ## 📬 Feedback Have suggestions or found a bug? Leave a comment below! I'm continuously improving this strategy based on community feedback. --- **Happy Trading! 🚀📈**
Pine Script® strategy
by Hash_Capital
Fat Tony's Composite Momentum Histogram (v01)# Fat Tony's Composite Momentum Histogram ## What It Does This indicator combines four momentum oscillators into a single composite signal that ranges approximately from -100 to +100. It identifies potential overbought and oversold conditions while weighting signals by volume activity to filter out weak moves. The histogram shows momentum strength with color-coded bars: - **Red bars** indicate extreme overbought conditions (above +100) - **Green bars** indicate extreme oversold conditions (below -100) - **Blue bars** show positive momentum in normal range - **Orange bars** show negative momentum in normal range ## Core Components The indicator blends these four momentum measures: 1. **Williams %R** - Measures where price closed relative to the high-low range 2. **Stochastic %K** - Compares closing price to the recent price range 3. **MACD Histogram** - Shows momentum changes via moving average convergence/divergence 4. **ROC (Rate of Change)** - Measures percentage price change, normalized by volatility Each component is scaled to a -50 to +50 range, then averaged together. The MACD component uses adaptive scaling based on its historical volatility to remain relevant across different market conditions. ## Volume Weighting The indicator amplifies signals when volume is elevated and dampens them when volume is low. It uses a logarithmic scaling approach to smooth extreme volume spikes. There's also a minimum volume filter that prevents signals from triggering during very low-volume periods. ## Settings Explained **Momentum Settings:** - **Length (14)** - Lookback period for Williams %R and Stochastic calculations - **MACD Fast/Slow/Signal (12/26/9)** - Standard MACD parameters - **ROC Length (10)** - Lookback for rate of change calculation - **MACD StDev Length (200)** - Historical window for normalizing MACD values **Levels:** - **Overbought Level (+100)** - Threshold for extreme upside momentum - **Oversold Level (-100)** - Threshold for extreme downside momentum **Volume Settings:** - **Enable Volume Weighting** - Toggle volume amplification on/off - **Volume Sensitivity (1.5)** - Controls how much volume impacts the signal (higher = stronger impact) - **Min Avg Volume (50,000)** - Filters out signals when 5-bar average volume is too low **Components:** - **Include ROC Component** - Toggle to add/remove ROC from the calculation - **Enable Trend Filter** - Only allows signals aligned with the 200-period EMA trend - **Show Component Plots** - Displays individual oscillator values for tuning purposes ## Trading Signals **Entry Signals:** - **Long (green triangle)** - Composite crosses above the oversold level with adequate volume - **Short (red triangle)** - Composite crosses below the overbought level with adequate volume **Exit Signals (when trend filter enabled):** - **Long Exit** - Composite crosses below zero from positive territory - **Short Exit** - Composite crosses above zero from negative territory The indicator also provides alert conditions for automated notifications on these signal events.
Pine Script® indicator
by robbooker
6
Hyper MACDThe Hyper MACD is a customizable momentum indicator exclusively designed for Scalping that blends traditional MACD logic with dynamic signal coloring, overbought/oversold detection, and WaveTrend overlays. It supports multiple moving average types and highlights key momentum shifts with visual markers and alerts. The settings/alerts are self explanatory and are optimized for quick scalping, works for any timeframe. Suggested rules are. The MACD line and Signal line must be above the zero line to scalp The price begins do decay when the Signal turns from white to orange, however if both the lines are above zero line, then its still game to scalp but cautiously. The colors are telling on both the lines, blue indicates a bullish surge on both and green on macd and white on signal suggests the bullish trend continuation It also prints take profit arrows along the way, and also possible trend reversals.
Pine Script® indicator
by tradesafe1
CCI ±100 Price Deviation with SMA & VWAP Trend ColorIndicator Synopsis: CCI ±100 Price Deviation with SMA & VWAP Purpose: This indicator combines trend filtering, momentum smoothing, and dynamic price bands to help identify intraday trading opportunities. It’s designed for: 15-minute chart → trend identification 1–2 minute chart → precise entries based on dynamic bands Components: SMA of Typical Price (smaTP) Smooth average of the current bar’s typical price (hlc3). Acts as a dynamic midpoint for the ±100 deviation bands. ±100 Deviation Bands Calculated using a modified CCI formula: Upper = SMA TP + 0.015 × MAD × 100 Lower = SMA TP - 0.015 × MAD × 100 Works as dynamic support/resistance and potential reversal zones. SMA of CCI length (scaled to price) Smooths the CCI momentum signal to the price scale. Acts as a confirmation filter for trade direction near bands. Optional toggle and customizable color/line width. VWAP (Volume Weighted Average Price) Optional overlay with trend-based coloring: Price above VWAP → bullish → green Price below VWAP → bearish → red Acts as primary trend filter. How to Use the Indicator Step 1: Determine Trend (15-minute chart) Check VWAP trend: Price > VWAP → bullish trend → only consider long trades Price < VWAP → bearish trend → only consider short trades Confirm with SMA TP slope: Rising SMA → bullish bias Falling SMA → bearish bias This ensures you only trade in the direction of the intraday trend.
Pine Script® indicator
by Simon20cent
RSI PriceThe relative strength index (RSI) is a momentum indicator used in technical analysis. RSI measures the speed and magnitude of a security's recent price changes to detect overbought or oversold conditions in the price of that security. The RSI is displayed as an oscillator (a line graph) on a scale of 0 to 100. Traditionally, an RSI reading of 70 or above indicates an overbought condition. A reading of 30 or below indicates an oversold condition. In addition to identifying overbought and oversold securities, the RSI can also indicate securities that may be primed for a trend reversal or a corrective pullback in price.
Pine Script® indicator
by ryan027
1
NAMI Lite │ Zero-Repaint Momentum Wave + Reg Divergences (FREE) NAMI Lite │ 100% Zero-Repaint Momentum Wave + Divergences (FREE) The only zero-repaint, zero-lag momentum indicator that calls reversals hours early — even the free version beats all paid indicators. No repainting on closed bars • Instant wave flips • Clean regular divergences • Money Flow confluence Zero-Repaint Momentum Wave – CCI-based oscillator with real-time color flips (no lag, no lies) Regular Bull/Bear Divergences – Faded lines on confirmed pivots only Money Flow Oscillator – Volume-weighted filled areas for extra confirmation This Lite version is intentionally limited — powerful enough to replace monthly subscriptions, but missing the pro features that make trading effortless. Upgrade to Full NAMI Suite (One-Time Payment – Cancel Recurring Fees Forever): Hidden Divergences with Divergence LABELS (catch 70% more massive moves) 200-Color Stochastic Heat Ribbon (gorgeous visual heatmaps) True VWAP Oscillator + multi-source options Buy/Sell Dots + Full Alerts (divergence, money flow, wave flips) Full and Complete Customization (themes, lengths, colors) Plus our other toolkits: TRAVIS, SMC Pro, and all future tools free SEE IMAGE FOR COMPLETE NAMI VIEW Over 800 traders already switched and saved thousands.
Pine Script® indicator
by Nami_Trading
NBarForwardOdds# N Bar Forward Odds ## Description Calculates the probability of a closing price exceeding a closing price at a specified interval away from the current bar. It does this by iterating through a series of intervals (1 to 20) and determining if the closing price of the current bar is greater than the closing price of the bar at that interval. ## Usage: Selectable base interval from the input configuration panel is calculated with a value step in a range `1:20` to get the final interval displayed.
Pine Script® indicator
by RicardoSantos
2
CG Momentum - Table✅ 📄 English Description Overview The CG Momentum – Table indicator is a multi-timeframe momentum dashboard designed to help traders quickly evaluate market conditions across eight key timeframes. Instead of combining indicators arbitrarily, this script integrates four different momentum components—Williams %R, Stochastic %K, MACD slope, and RSI vs RSI-SMA trend state—into one unified framework. Each element contributes a unique perspective on momentum behavior, allowing traders to see alignment or divergence across all timeframes in a single glance. Concept & Logic 1. Williams %R Cycle Position (Overbought/Oversold) Uses a custom calculation instead of built-in W%R to ensure consistent values across security() calls. Highlights overbought/oversold cycles using user-defined threshold levels. Helps identify cycle turning points across higher and lower timeframes. 2. Stochastic %K Momentum (9-3-3 Model) Computes raw %K manually, then applies smoothing to maintain accuracy in lower timeframes. Evaluates overbought/oversold states based on traditional Stoch thresholds. Color-coded for quick visual confirmation. 3. MACD Slope State (+ / –) Instead of using MACD crossovers, this script analyzes MACD momentum direction by detecting 2-bar slope patterns. A positive state means MACD is accelerating upward; negative means it is decelerating downward. Ideal for spotting early trend acceleration. 4. RSI Trend State (RSI vs RSI-SMA) Compares RSI(14) to its SMA(14). Produces a + (bullish) or – (bearish) state. A clean method to detect underlying trend bias in any timeframe. How the Dashboard Works The script displays a clean table in the bottom-right corner of the chart with the following columns: TF | W%R | Stoch K | MACD | RSI For each timeframe (5m → 1M): W%R and Stoch cells are color-coded: Green = Overbought (cycle top) Red = Oversold (cycle bottom) Gray = Neutral MACD shows + or – with a trend-colored background. RSI shows + or – depending on whether RSI is above/below its moving average. This provides a compact yet powerful view of multi-timeframe momentum consensus. How to Use Look for alignment across timeframes (e.g., several timeframes showing bullish momentum). Confirm entries by checking whether short-term momentum aligns with higher-timeframe structure. Use W%R and Stoch colors to identify cycle extremes. Use MACD/RSI states to confirm whether momentum is strengthening or weakening. Ideal for intraday, swing, or position trading. Why This Script Is Unique Uses custom implementations for W%R, Stoch, RSI-MA state, and MACD slope instead of built-ins, ensuring consistent behavior across multi-timeframe security() calls. Provides four distinct momentum perspectives in one unified visual tool. Designed for clarity, reducing chart noise by consolidating indicators into one panel. Suitable for all assets and timeframes. 🇹🇭 คำอธิบายภาษาไทย (สำหรับผู้ใช้ไทย) ภาพรวม อินดิเคเตอร์ CG Momentum – Table เป็นแดชบอร์ดวัดโมเมนตัมแบบหลายกรอบเวลา ที่รวมสัญญาณสำคัญ 4 ประเภท ได้แก่ Williams %R, Stochastic %K, MACD slope และสถานะ RSI เทียบ SMA ไว้ในตารางเดียว เพื่อช่วยให้เทรดเดอร์มองเห็นภาพรวมของโมเมนตัมในทุกไทม์เฟรมได้อย่างชัดเจนและอ่านง่าย แนวคิดและหลักการทำงาน 1. Williams %R (วงจรราคาซื้อเกิน/ขายเกิน) คำนวณด้วยสูตรเองเพื่อความแม่นยำในทุก TF เน้นการหา cycle top/bottom 2. Stochastic %K (โมเมนตัมระยะสั้น) ใช้สูตร 9-3-3 พร้อม smoothing ช่วยหาจุดเร่งหรืออ่อนแรงของราคาในช่วงสั้น 3. MACD Slope State ไม่ใช้สัญญาณ cross ใช้การตรวจ “ความชันของ MACD” ว่ากำลังเร่งขึ้นหรือเร่งลง เหมาะกับการจับสัญญาณเร่งตัวของแนวโน้ม 4. RSI Trend State เปรียบเทียบ RSI กับค่าเฉลี่ยของมันเอง ถ้า RSI > SMA → ขาขึ้น ถ้า RSI < SMA → ขาลง วิธีใช้งาน ดูความสอดคล้องของโมเมนตัมระหว่างหลาย ๆ TF ถ้าหลายกรอบเวลาชี้ไปทางเดียวกัน → ความน่าเชื่อถือสูง ใช้สีของ W%R / Stoch เพื่อดู cycle ใช้ MACD / RSI เพื่อยืนยันทิศทางแรงซื้อหรือแรงขาย จุดเด่นของสคริปต์นี้ เป็นการรวม Momentum Indicators แบบมีเหตุผล ไม่ใช่การนำอินดี้หลายตัวมายำ แสดงข้อมูลสำคัญทั้ง 4 ด้านในตารางเดียว ออกแบบให้ “อ่านง่าย”, “ไม่รก chart”, “เข้าใจเร็ว” เหมาะทั้ง Day trade, Swing และ Long-term
Pine Script® indicator
by August_Supertrader
WTC Step Buy Step Edition CbyCarlo📊 WT Cross Modified – Step Buy Step Edition (v4) WTC_StepBuyStep_Edition is an enhanced, practical, and optimized version of the classic WaveTrend (WT) Cross Indicator. Developed for the Step Buy Step project, this tool helps traders identify market momentum shifts, structural price zones, and potential reversal areas with high clarity and precision. 🔍 Concept & Purpose This indicator builds upon the established WaveTrend / LazyBear logic and extends it with additional structural intelligence. The goal is to make overbought/oversold phases and trend reversals easier to spot — while also highlighting historically validated price zones where the market has previously reacted strongly. ⚙️ Key Features 1️⃣ WT Cross Signals WT1 (yellow) and WT2 (purple) visualize market momentum. A WT1 cross above WT2 while below the Oversold zone (−53) can indicate potential Long opportunities. A WT1 cross below WT2 while above the Overbought zone (+53) can indicate potential Short opportunities. Signals only confirm after candle close to prevent repainting. 2️⃣ Dynamic “WT SignalZone” Panel Displayed in the top-right corner, this panel shows the last three valid price levels derived from WT signals: 🟢 LonLev – Buy support levels from previous WT Long signals 🔴 ShoLev – Sell resistance levels from previous WT Short signals These zones act as objective support/resistance structures, based on historical momentum turning points — not subjective lines. 3️⃣ Flexible Calculation Modes Choose how levels are derived from each WT signal: Pullback 50% → Midpoint of the signal candle (high+low)/2 Close → Close price of the signal candle Next Open → Open of the following bar (ideal for system testing) 📈 How to Interpret the Indicator Market Condition WT Event Meaning WT1 < −53 & CrossUp Long Signal Potential reversal / buy zone WT1 > +53 & CrossDown Short Signal Potential exhaustion / sell zone Price revisits LonLev Support Re-entry or bounce zone Price revisits ShoLev Resistance Profit-taking or short setup zone This makes the tool highly effective for: Swing traders Zone-based trading strategies Systematic re-entries Identifying structural turning points 🧠 Advantages No repainting (signals confirmed only after bar close) Works on all timeframes (from intraday to weekly) Clean overview without clutter or excessive chart markers Excellent as a filter to confirm market context 💬 Best Use Case Use WTC_StepBuyStep_Edition as a contextual confirmation tool. It does not replace a full trading system — but it gives you objective, repeatable, and statistically relevant zones where the market has reacted before. Combine it with price action, volume analysis, or trend tools for even stronger setups. © Step Buy Step • Step-Buy-Step.com Educational trading tool intended for market analysis. Not financial advice.
Pine Script® indicator
by FirstStepBuyStep
COT Pressure Morpheus Starting from the TradingView COT Report indicator, I developed an oscillator to make the data visualization more quantitative. My only goal was to obtain a Percent Rank Oscillator (ranging from 0 to 100) that would allow the identification of peaks in the COT releases. It is especially useful for agricultural commodities. You can choose to monitor Large Traders, Small Traders, or Commercial Hedgers. It MUST be used exclusively on FUTURES tickers; otherwise, it will not work. In particular, the setup I recommend for commodities is the following: INPUT: Auto Futures Long - Short CFTC Code: Empty 104 5 When the indicator rises above 80 or falls below 20, we can identify an overexposure. By observing the behavior of Commercial Hedgers in particular, we can detect when they reach extreme LONG exposure (>80) or SHORT exposure (<20) and use this as an operational signal. It MUST be analyzed only on the WEEKLY chart to allow proper normalization.
Pine Script® indicator
by Andrea_Burzichelli
GTI - Overbought and Oversold indicatorFor this indicator I've merged 6 indicators (RSI, Stochastic, CCI, MFI, UO and William %R) that are decent to spot overbought and oversold conditions into one indicator. The idea is the more indicators that agree on overbought and oversold conditions, the better chance that the condition is correct. Possible input settings Set your own values for the overbought and oversold bands. Noise suppression (On/Off) Length for noise suppression calculations Overbought noise suppression Oversold noise suppression Plot divergences (On/Off) Left/Right lookback settings for finding pivot highs/lows Min/Max lookback range to compare pivots for divergences Style settings Enabled/Disable the line for reversal value Set the color for the line (default is 100% transparent value) Enable/Disable fill color between reversal value and the 0 line Set the fill color Precision for reversal value, default is 2 Explanations The scale goes from 100 to -100, where outliners above 85 or below -85 is expected to be extremely rare. The overbought and oversold bands are calculated from the typical values from each indicator used in the calculation. The noise suppression is a percentile calculation from the last X bars back, where X is the length you set in the settings. 100 is the default value. This is very good to use in strong trends as an asset in a strong bullish trend tend to not touch/breach the oversold band and vise versa. The percentile calculation might still be able to catch the overbought/oversold condition in a strong opposite trending asset. 85 is a default value, but keep in mind that every asset moves differently due to their liquidity pool. The default is only a guide line. The divergence settings only plots normal divergences. Hidden divergences are not calculated. If you want the possibility to plot/see hidden divergences too, let me know in the comments. If enough people wants it I'll consider adding them. when it comes to the style, you might be a bit confused at first. The reversal value is enabled, but not showing. That's because it's enabled with 100% transparency as I like using the fill more than just a line. If you want to use a line instead of the fill, Disable the fill -> edit reversal value color -> set your chosen color and make sure to remove the transparency to make it visible. Exmaple, ticker NOVO_B In the example ticker I've enabled "Noise suppression", using the default 100 length and set noise suppression for both OB and OS to 90. The green and red circles are plotted when the "reversal value" falls below the percentile set, indicating that a possible top was just formed. Keep in mind that strong bullish or bearish trends tend to stay overbought/oversold for a longer time and are likely to print several false signals before the eventual reversal. If a divergences is printed, normally that is either the bottom or close to the bottom before a stronger reversal. Suggestion As all other indicators, don't use this indicator alone to spot reversals. Use it together with 1-3 other indicators like MACD, ADX and OBV. I like to use MACD as a confirmation tool after this tool starts indicating overbought/oversold conditions. For an overbought condition, wait for MACD to cross below the signal line. For an oversold condition, wait for the MACD to cross above the signal line. This way you don't act on false signal. Another way would be to use a DCA strategy, where you buy on each signal. In such a situation I suggest starting small enough to be able to double the total for each time, example below. First signal: $100, then another $100 on second signal, $200 on third signal, $400 on fourth signal and so on. The amounts are an example, find what works for you.
Pine Script® indicator
by GizmoTheInvestor
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