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MTF Market State DashboardA multi-timeframe market context dashboard designed to classify market conditions using three independent analytical layers: Trend direction, Trend strength and Participation / Volume flow Instead of relying on a single indicator or isolated signal, this script combines multiple forms of market information into a structured decision framework intended to help traders evaluate the quality and maturity of a market condition. The goal of the dashboard is not to predict tops or bottoms, but to help identify: • aligned market conditions • conflicting conditions • strengthening trends • weakening trends • and low-conviction environments Core Idea Behind The Script Many indicators work well in certain environments and poorly in others. For example: • Trend indicators may continue showing bullish conditions during weakening momentum. • Momentum indicators may react aggressively inside consolidations. • Volume indicators may show temporary spikes without broader trend confirmation. This script was built to reduce that fragmentation by separating market behavior into three independent layers: 1. Direction Defines where the market is currently biased. 2. Strength Measures whether the move has enough momentum to sustain itself. 3. Participation Evaluates whether price movement is supported by broader volume-flow behavior. The dashboard then combines these layers into a unified market-state classification system. What The Dashboard Tracks 1. Trend Structure Layer The script evaluates directional bias using: EMA 200 Used as the higher-level directional filter. Typical interpretation: • Price above EMA 200 → bullish macro bias • Price below EMA 200 → bearish macro bias EMA 50 Tracks intermediate trend behavior and shorter-term structural changes. Supertrend Used as a dynamic trend confirmation layer. Unlike a static moving average, the Supertrend adapts to volatility and helps identify directional transitions more quickly. Each trend component is displayed as: • BULL • BEAR along with an “age” value showing how many bars have passed since the last state change. This allows traders to distinguish between: • fresh transitions • mature trends • and potentially exhausted conditions 2. Trend Strength Layer ADX (via DMI) ADX is used to measure trend strength, not trend direction. Typical interpretation: • Low ADX → weak or ranging environment • Rising / high ADX → stronger directional environment This distinction matters because bullish conditions inside weak trend environments often behave differently from bullish conditions inside expanding trends. The script uses ADX as a confirmation filter inside the Market State logic. 3. Participation & Volume-Flow Layer This layer attempts to measure whether directional movement is being supported by participation and flow behavior. CMF (Chaikin Money Flow) CMF estimates buying versus selling pressure by evaluating closing location relative to range and volume. General interpretation: • Positive CMF → accumulation pressure • Negative CMF → distribution pressure CDV (Cumulative Delta Volume Proxy) Pine Script does not provide true bid/ask delta data. This script therefore uses a candle-based directional volume proxy to estimate cumulative directional participation. The CDV layer classifies conditions as: • Rising • Falling • Neutral Adaptive filtering is included to reduce minor fluctuations and noise. OBV Breakout Detection The script also evaluates whether On-Balance Volume is breaking above or below recent ranges. This is used to identify: • expanding participation • weakening participation • or neutral flow conditions The OBV component is not intended as a standalone signal generator, but rather as an additional confirmation layer inside the broader market-state framework. Market State Classification One of the main purposes of the script is to convert multiple independent readings into a simplified market-state output. The dashboard derives a “Market State” by combining: • Trend direction • Trend strength • Participation / flow confirmation Possible classifications include: • Strong Bull Context • Bull Context • Mixed / Wait • Bear Context • Strong Bear Context The classification is not predictive and should not be interpreted as financial advice. Instead, it is intended to provide a structured summary of current market conditions. How Market State Is Derived The logic combines three internal scoring groups: Trend Score Built from: • EMA 200 state • EMA 50 state • Supertrend state Participation Score Built from: • CMF bias • CDV direction • OBV breakout state Strength Filter Built from: • ADX threshold validation Example: • bullish trend structure • bullish participation • and strong ADX → may classify as “Strong Bull Context” Whereas: • bullish trend structure • weak participation • and weak ADX → may classify as “Mixed / Wait” This allows the dashboard to identify agreement and disagreement between independent analytical layers. Multi-Timeframe Logic The script supports: • single timeframe mode • dual timeframe mode Typical usage example: • Lower timeframe → execution context • Higher timeframe → broader directional context This allows traders to compare: • local conditions • against higher timeframe structure without switching charts repeatedly. Age Tracking Each directional state includes an “age” measurement representing the number of bars since the last directional transition. This is included because newer transitions and older trends may behave differently. Example: • Low age → newer condition • High age → more mature condition The script does not assume older trends will reverse, but age can provide additional context about trend maturity. Practical Interpretation Example: Higher-Conviction Bullish Environment Possible characteristics: • EMA structure bullish • Supertrend bullish • ADX elevated • CMF positive • CDV rising • OBV breakout bullish This may indicate alignment between: • trend • momentum • and participation Example: Mixed Environment Possible characteristics: • bullish EMA structure • falling CDV • weak ADX • neutral OBV behavior This may indicate: • weakening momentum • transition behavior • or lower-conviction conditions Intended Usage The script is designed as: • a context tool • a filtering framework • and a market-state dashboard It is not intended to replace: • risk management • execution models • or broader trading plans The dashboard is generally most useful when combined with: • breakout systems • pullback systems • trend-following models • or discretionary execution methods Customization Options The script includes: • 1TF / 2TF modes • configurable EMA lengths • Supertrend settings • ADX threshold controls • CDV sensitivity adjustment • OBV breakout lookback settings • Table themes • Text sizing • Dashboard positioning Notes • CDV uses a candle-based proxy because true bid/ask delta data is unavailable in Pine Script. • The dashboard focuses on contextual interpretation rather than direct entry signals. • The Market State classification is derived from internal scoring logic and should be interpreted as a contextual summary, not a prediction engine. Summary This dashboard was designed to organize multiple forms of market information into a single structured framework. Rather than treating trend, momentum, and participation separately, the script attempts to evaluate how they interact with each other across one or more timeframes. The result is a compact market-context tool intended to help traders: • identify alignment • recognize conflict • filter weaker conditions • and evaluate overall market structure more efficiently.
Pine Script® indicator
by ScriptoPro
Flow Compass [NICK789]Overview Flow Compass is a market sentiment and pressure visualization tool built around a multi-factor confluence model. The script combines Chaikin Money Flow (CMF), Money Flow Index (MFI), and ADX/DMI trend analysis into a unified scoring and workflow system designed to help traders organize directional conditions more clearly. The script focuses on visualizing: • Flow direction • Pressure shifts • Trend participation • Momentum alignment • Divergence conditions rather than relying on a single technical signal. Core Mechanics The script uses a multi-factor scoring model to evaluate buyer and seller conditions using: • CMF Direction Tracks whether flow conditions are positive or negative. • CMF Intensity Measures the relative strength of flow using optional normalization. • MFI Position Tracks whether volume-weighted momentum is above or below equilibrium. • MFI Expansion Zones Identifies stronger momentum-pressure conditions. • DMI Alignment Checks whether directional movement aligns with current flow. • ADX Strength Measures trend participation and directional strength. • Divergence Detection Highlights situations where momentum and price behavior begin to separate. The Flow Plan Engine Flow Compass includes an optional flow-state workflow system designed to separate “building” conditions from “confirmed” conditions. States include: • Armed • Confirmed • Expired • Invalidated The goal is to help visualize how pressure develops over time instead of reacting only to immediate conditions. Visual System The script includes multiple interface layouts designed for different workflows: • Full Panel • Mobile Compact • Status Strip • Meter Only • Signals Only Additional visual features include: • Flow-based candle coloring • Buyer/Seller state bands • Unified sentiment oscillator • Optional divergence labels • Dashboard scoring system Flow Story Candles Two candle-coloring modes are included: • Reactive Displays immediate pressure conditions. • Flow Story Displays broader directional bias using the internal flow-state engine. How to Use General workflow example: 1. Observe overall buyer or seller pressure using the oscillator and dashboard. 2. Watch for “building” states during changing conditions. 3. Monitor confirmation states if using the optional plan engine. 4. Use the score system as additional context alongside your own analysis. This script is intended as a discretionary analysis tool and should be combined with proper risk management and independent trade planning. Notes • This script combines several commonly used technical analysis concepts into one workflow. • No future performance or profitability is implied. • Signals may behave differently depending on market conditions, timeframe, and asset type. • Users should test settings and workflows independently before using the script in live environments.
Pine Script® indicator
by NICK789
AG Pro Chaikin Money Flow Pressure [AGPro Series]AG Pro Chaikin Money Flow Pressure Overview / What it does AG Pro Chaikin Money Flow Pressure is a chart-overlay indicator built to translate Chaikin Money Flow behavior into a more structured view of buying and selling pressure on the price chart itself. Instead of presenting CMF only as a standalone oscillator around a zero line, this script converts money-flow behavior into visible pressure zones, a backbone line, selective event labels, and a compact decision panel. The goal is to make pressure conditions easier to read in context with price rather than in a separate pane. The script is designed to help users judge whether positive or negative money-flow pressure is merely appearing, becoming more persistent, expanding with price support, or losing quality. In practical terms, it focuses on how pressure behaves through time, not only on whether CMF is above or below zero on a single bar. This distinction is important because many CMF readings are technically positive or negative while still being structurally weak, transitional, or unstable. This publication is an indicator, not a strategy. It does not place orders, does not simulate broker execution, and does not claim to predict future price direction. Its purpose is to organize CMF-derived pressure information into a chart-readable framework that can be used for analysis, filtering, or confluence with a user’s existing process. Unique Edge The distinctive design choice in this script is that it treats Chaikin Money Flow as a pressure-structure input rather than as a simple zero-cross oscillator. The script evaluates pressure using a combination of directional bias, persistence, slope behavior, and exhaustion characteristics, then maps those conditions into an overlay format. That makes it materially different from tools that focus primarily on: - classic CMF zero-line interpretation, - MFI-style overbought/oversold framing, - OBV-style cumulative flow interpretation, - divergence-first logic, - or trend/momentum tools that derive most of their signal from price structure rather than money-flow persistence. Within the broader AG Pro catalog, some scripts are centered on momentum, reaction quality, divergence behavior, or trend-state interpretation. This one is specifically built around CMF-derived pressure persistence. In other words, it is less about identifying a single trigger event and more about showing whether accumulation or distribution pressure is building, holding, fading, or reverting toward balance. Methodology The script begins with the standard Chaikin Money Flow foundation: money flow is derived from the close’s location within the bar range and weighted by volume across the selected CMF lookback. That raw series can then be smoothed to reduce short-term noise. From there, the script classifies pressure through several layers: 1) Bias Positive and negative CMF conditions establish the directional pressure side. This is the base layer, but it is not used alone. 2) Persistence The script tracks how long positive or negative pressure has been maintained. Short-lived readings are treated differently from more persistent runs. 3) Expansion The slope of the smoothed CMF series helps distinguish strengthening pressure from flatter or compressing conditions. 4) Exhaustion risk When pressure remains extended but begins to weaken internally, the script can shift into a fading or exhaustion-sensitive interpretation instead of treating every positive or negative reading as equally strong. These components are then summarized into: - a state, - a phase, - a pressure score, - a backbone-based pressure map, - and selective event labels. The overlay uses an EMA backbone and ATR-scaled zones to visualize where pressure is concentrated around price. Outer and core zones help separate broad pressure environment from tighter pressure concentration. A lightweight bridge effect is used to connect confirmed pressure conditions to price in a restrained way so the visual hierarchy remains readable. Signals & Alerts The script uses a state/condition framework rather than a direct buy/sell promise. Core states include: - Accumulation - Distribution - Balanced - Exhaustion Risk Phase interpretation includes: - Building - Holding - Fading - Neutral Selective chart labels are intentionally limited to higher-quality transitions such as: - ACCUM - DIST - FADE - FLIP Available alert conditions are designed around pressure behavior, not outcome guarantees: - Pressure Building - Pressure Holding - Pressure Weakening - Pressure Flip Risk - Accumulation Regime Confirmed - Distribution Regime Confirmed These alerts are best understood as structural notifications about pressure behavior. They are not instructions to enter or exit positions by themselves. Key Inputs Important settings include: - CMF Length: controls the main money-flow lookback. - CMF Smoothing: reduces noise in the base CMF series. - Neutral Band: defines when pressure is treated as balanced rather than directional. - Strong Pressure Band: helps scale the pressure score and zone intensity. - Exhaustion Band: helps identify stretched but weakening pressure conditions. - Persistence Confirmation Bars: sets how long pressure should persist before confirmation. - Backbone EMA Length: controls the central overlay structure. - ATR settings: control the width of the pressure zones. - Label filters and cooldowns: reduce repeated labels and keep the chart cleaner. These inputs allow users to make the script more responsive or more selective depending on timeframe, asset behavior, and chart density. Limitations & Transparency This script does not measure real order-book flow, exchange-specific footprint data, or trade-by-trade delta. It is a CMF-based analytical model built from OHLCV data available on TradingView. As with any derived indicator, its output depends on the quality and characteristics of the underlying market data. The pressure score is not a prediction score and should not be interpreted as a probability of success. It is a normalized summary of current pressure quality based on the script’s internal framework. A higher score means the current pressure structure is stronger by the script’s rules; it does not mean the next move is guaranteed. Like other pressure or flow-based tools, this script can become less reliable in choppy, thin, or event-driven conditions where pressure quickly alternates and persistence breaks down. It should also be expected that different assets and timeframes will respond differently to the same parameter set. Users should evaluate settings in the market context where they intend to use the indicator. This publication is meant to explain what the script measures and how it organizes that information. It is not presented as a black-box promise, and it is not intended to replace independent chart reading, risk control, or broader market context. Risk Disclosure This script is provided for educational and analytical use. It does not constitute financial advice, investment advice, or a solicitation to buy or sell any financial instrument. No indicator can remove uncertainty from markets, and no visual state, score, zone, or alert should be treated as a guarantee of future results. Users should make their own decisions, test their own process, and apply appropriate risk management. This tool is best used as a structured market-reading aid and as part of a broader analytical framework rather than as a standalone decision engine.
Pine Script® indicator
by AGProLabs
1
Chaikin Money FlowThis indicator provides an implementation of the classic Chaikin Money Flow (CMF), a volume-weighted oscillator designed to measure money flow pressure. It is enhanced with a customizable signal line and a built-in divergence detection engine. Key Features: Full Divergence Suite (Class A, B, C): The primary feature is the integrated divergence engine. It automatically detects and plots all three major types of divergences: Regular (A): Signals potential trend reversals. Hidden (B): Signals potential trend continuations. Exaggerated (C): Signals weakness at double tops/bottoms. Divergence Filtering and Visualization: Price Tolerance Filter: Divergence detection is enhanced with a percentage-based price tolerance (pivPrcTol) to filter out insignificant market noise, leading to more robust signals. Persistent Visualization: Divergence markers are plotted for the entire duration of the signal and are visually anchored to the CMF level of the confirming pivot. Customizable Signal Line: Includes an optional moving average of the CMF, which serves as a signal line. The type of MA (Signal Smoothing) and its length can be customized. This signal line can also be optionally volume-weighted (Volume weighted). Note on Confirmation (Lag): Divergence signals rely on a pivot confirmation method to ensure they do not repaint. The Start of a- divergence is only detected after the confirming pivot is fully formed (a delay based on Pivot Right Bars). The End of a divergence is detected either instantly (if the signal is invalidated by price action) or with a delay (when a new, non-divergent pivot is confirmed). Multi-Timeframe (MTF) Capability: MTF CMF & Signal Lines: The CMF and its signal line can be calculated on a higher timeframe, with standard options to handle gaps (Fill Gaps) and prevent repainting (Wait for...). Limitation: The Divergence detection engine (pivDiv) is disabled if a timeframe other than the chart's timeframe is selected. Divergences are only calculated on the active chart timeframe. Integrated Alerts: Includes 16 comprehensive alerts for: The start and end of all 6 divergence types. The CMF crossing its signal line. The CMF crossing the zero line. DISCLAIMER For Informational/Educational Use Only: This indicator is provided for informational and educational purposes only. It does not constitute financial, investment, or trading advice, nor is it a recommendation to buy or sell any asset. Use at Your Own Risk: All trading decisions you make based on the information or signals generated by this indicator are made solely at your own risk. No Guarantee of Performance: Past performance is not an indicator of future results. The author makes no guarantee regarding the accuracy of the signals or future profitability. No Liability: The author shall not be liable for any financial losses or damages incurred directly or indirectly from the use of this indicator. Signals Are Not Recommendations: The alerts and visual signals (e.g., crossovers) generated by this tool are not direct recommendations to buy or sell. They are technical observations for your own analysis and consideration.
Pine Script® indicator
by AustrianTradingMachine
Volume-Weighted Money Flow [sgbpulse]Overview The VWMF indicator is an advanced technical analysis tool that combines and summarizes five leading momentum and volume indicators (OBV, PVT, A/D, CMF, MFI) into one clear oscillator. The indicator helps to provide a clear picture of market sentiment by measuring the pressure from buyers and sellers. Unlike single indicators, VWMF provides a comprehensive view of market money flow by weighting existing indicators and presenting them in a uniform and understandable format. Indicator Components VWMF combines the following indicators, each normalized to a range of 0 to 100 before being weighted: On-Balance Volume (OBV): A cumulative indicator that measures positive and negative volume flow. Price-Volume Trend (PVT): Similar to OBV, but incorporates relative price change for a more precise measure. Accumulation/Distribution Line (A/D): Used to identify whether an asset is being bought (accumulated) or sold (distributed). Chaikin Money Flow (CMF): Measures the money flow over a period based on the close price's position relative to the candle's range. Money Flow Index (MFI): A momentum oscillator that combines price and volume to measure buying and selling pressure. Understanding the Normalized Oscillators The indicator combines the five different momentum indicators by normalizing each one to a uniform range of 0 to 100 . Why is Normalization Important? Indicators like OBV, PVT, and the A/D Line are cumulative indicators whose values can become very large. To assess their trend, we use a Moving Average as a dynamic reference line . The Moving Average allows us to understand whether the indicator is currently trending up or down relative to its average behavior over time. How Does Normalization Work? Our normalization fully preserves the original trend of each indicator. For Cumulative Indicators (OBV, PVT, A/D): We calculate the difference between the current indicator value and its Moving Average. This difference is then passed to the normalization process. - If the indicator is above its Moving Average, the difference will be positive, and the normalized value will be above 50. - If the indicator is below its Moving Average, the difference will be negative, and the normalized value will be below 50. Handling Extreme Values: To overcome the issue of extreme values in indicators like OBV, PVT, and the A/D Line , the function calculates the highest absolute value over the selected period. This value is used to prevent sharp spikes or drops in a single indicator from compromising the accuracy of the normalization over time. It's a sophisticated method that ensures the oscillators remain relevant and accurate. For Bounded Indicators (CMF, MFI): These indicators already operate within a known range (for example, CMF is between -1 and 1, and MFI is between 0 and 100), so they are normalized directly without an additional reference line. Reference Line Settings: Moving Average Type: Allows the user to choose between a Simple Moving Average (SMA) and an Exponential Moving Average (EMA). Volume Flow MA Length: Allows the user to set the lookback period for the Moving Average, which affects the indicator's sensitivity. The 50 line serves as the new "center line." This ensures that, even after normalization, the determination of whether a specific indicator supports a bullish or bearish trend remains clear. Settings and Visual Tools The indicator offers several customization options to provide a rich analysis experience: VWMF Oscillator (Blue Line): Represents the weighted average of all five indicators. Values above 50 indicate bullish momentum, and values below 50 indicate bearish momentum. Strength Metrics (Bullish/Bearish Strength %): Two metrics that appear on the status line, showing the percentage of indicators supporting the current trend. They range from 0% to 100%, providing a quick view of the strength of the consensus. Dynamic Background Colors: The background color of the chart automatically changes to bullish (a blue shade by default) or bearish (a default brown-gray shade) based on the trend. The transparency of the color shows the consensus strength—the more opaque the background, the more indicators support the trend. Advanced Settings: - Background Color Logic: Allows the user to choose the trigger for the background color: Weighted Value (based on the combined oscillator) or Strength (based on the majority of individual indicators). - Weights: Provides full control over the weight of each of the five indicators in the final oscillator. Using the Data Window TradingView provides a useful Data Window that allows you to see the exact numerical values of each normalized oscillator separately, in addition to the trend strength data. You can use this window to: Get more detailed information on each indicator: Viewing the precise numerical data of each of the five indicators can help in making trading decisions. Calibrate weights: If you want to manually adjust the indicator weights (in the settings menu), you can do so while tracking the impact of each indicator on the weighted oscillator in the Data Window. The indicator's default setting is an equal weight of 20% for each of the five indicators. Alert Conditions The indicator comes with a variety of built-in alerts that can be configured through the TradingView alerts menu: VWMF Cross Above 50: An alert when the VWMF oscillator crosses above the 50 line, indicating a potential bullish momentum shift. VWMF Cross Below 50: An alert when the VWMF oscillator crosses below the 50 line, indicating a potential bearish momentum shift. Bullish Strength: High But Not Absolute Consensus: An alert when the bullish trend strength reaches 60% or more but is less than 100%, indicating a high but not absolute consensus. Bullish Strength at 100%: An alert when all five indicators (MFI, OBV, PVT, A/D, CMF) show bullish strength, indicating a full and absolute consensus. Bearish Strength: High But Not Absolute Consensus: An alert when the bearish trend strength reaches 60% or more but is less than 100%, indicating a high but not absolute consensus. Bearish Strength at 100%: An alert when all five indicators (MFI, OBV, PVT, A/D, CMF) show bearish strength, indicating a full and absolute consensus. Summary The VWMF indicator is a powerful, all-in-one tool for analyzing market momentum, money flow, and sentiment. By combining and normalizing five different indicators into a single oscillator, it offers a holistic and accurate view of the market's underlying trend. Its dynamic visual features and customizable settings, including the ability to adjust indicator weights, provide a flexible experience for both novice and experienced traders. The built-in alerts for momentum shifts and trend consensus make it an effective tool for spotting trading opportunities with confidence. In essence, VWMF distills complex market data into clear, actionable signals. Important Note: Trading Risk This indicator is intended for educational and informational purposes only and does not constitute investment advice or a recommendation for trading in any form whatsoever. Trading in financial markets involves significant risk of capital loss. It is important to remember that past performance is not indicative of future results. All trading decisions are your sole responsibility. Never trade with money you cannot afford to lose.
Pine Script® indicator
by sgbpulse
Auto Fibo on IndicatorsThis drawing tool aims to draw auto Fibonacci Retracement Levels on desired indicators. Users can define the target indicator to draw Auto Fibo Lines, from the "settings tab": There are six commonly used indicators below the charts that can be selected to draw Fibonacci Retracement lines on: RSI : Relative Strength Index CCI : Commodity Channel Index MFI : Money Flow Index STOCHASTIC : Stochastic Oscillator CMF : Chaikin Money Flow CMO : Chande Momentum Oscillator Fibonacci Retracement Levels will appear automatically after applying the indicator. The "Auto Fibo on Indicators" tool looks back. It checks the indicator levels for a desired number of bars and then draws the Fibonacci Levels automatically in the right way, considering the final movements of the indicator. There are five commonly used Fibonacci Levels added between the Highest and Lowest values such as: %23.6 %38.2 %50 (Not precisely a Fibonacci Level, indeed) %61.8 (Golden Ratio) %78.6 Four extra levels can be added from the settings tab by checking their boxes: %127.2 (adjustable level) %161.8 %261.8 %361.8 Default lookback bars of Auto Fibo Levels: 144 (which is also a Fibonacci number) Default Indicator: RSI Default Indicator length: 14 Default data source: CLOSE Users can also define and show overbought and oversold levels by unchecking the "Do not Show Indicator Overbought / Oversold Levels?" button from the settings menu. In technical analysis, Fibonacci Levels on price can guide valuable trading signals for investors. Levels can be significant support and resistance levels for breakouts and turning points. This drawing tool aims to follow those necessary levels on indicators to observe critical levels and breakouts.
Pine Script® indicator
by KivancOzbilgic
42
VolumeIndicatorsLibrary "VolumeIndicators" This is a library of 'Volume Indicators'. It aims to facilitate the grouping of this category of indicators, and also offer the customized supply of the source, not being restricted to just the closing price. Indicators: 1. Volume Moving Average (VMA): Moving average of volume. Identify trends in trading volume. 2. Money Flow Index (MFI): Measures volume pressure in a range of 0 to 100. Calculates the ratio of volume when the price goes up and when the price goes down 3. On-Balance Volume (OBV): Identify divergences between trading volume and an asset's price. Sum of trading volume when the price rises and subtracts volume when the price falls. 4. Accumulation/Distribution (A/D): Identifies buying and selling pressure by tracking the flow of money into and out of an asset based on volume patterns. 5. Chaikin Money Flow (CMF): A variation of A/D that takes into account the daily price variation and weighs trading volume accordingly. 6. Volume Oscillator (VO): Identify divergences between trading volume and an asset's price. Ratio of change of volume, from a fast period in relation to a long period. 7. Positive Volume Index (PVI): Identify the upward strength of an asset. Volume when price rises divided by total volume. 8. Negative Volume Index (NVI): Identify the downward strength of an asset. Volume when price falls divided by total volume. 9. Price-Volume Trend (PVT): Identify the strength of an asset's price trend based on its trading volume. Cumulative change in price with volume factor vma(length, maType, almaOffset, almaSigma, lsmaOffSet)   @description Volume Moving Average (VMA)   Parameters:      length : (int) Length for moving average      maType : (int) Type of moving average for smoothing      almaOffset : (float) Offset for Arnauld Legoux Moving Average      almaSigma : (float) Sigma for Arnauld Legoux Moving Average      lsmaOffSet : (float) Offset for Least Squares Moving Average   Returns: (float) Moving average of Volume mfi(source, length)   @description MFI (Money Flow Index). Uses both price and volume to measure buying and selling pressure in an asset.   Parameters:      source : (float) Source of series (close, high, low, etc.)      length   Returns: (float) Money Flow series obv(source)   @description On Balance Volume (OBV) Same as ta.obv(), but with customized type of source   Parameters:      source : (float) Series   Returns: (float) OBV ad()   @description Accumulation/Distribution (A/D)   Returns: (float) Accumulation/Distribution (A/D) series cmf(length)   @description CMF (Chaikin Money Flow). Measures the flow of money into or out of an asset over time, using a combination of price and volume, and is used to identify the strength and direction of a trend.   Parameters:      length   Returns: (float) Chaikin Money Flow series vo(shortLen, longLen, maType, almaOffset, almaSigma, lsmaOffSet)   @description Volume Oscillator (VO)   Parameters:      shortLen : (int) Fast period for volume      longLen : (int) Slow period for volume      maType : (int) Type of moving average for smoothing      almaOffset      almaSigma      lsmaOffSet   Returns: (float) Volume oscillator pvi(source)   @description Positive Volume Index (PVI) Same as ta.pvi(), but with customized type of source   Parameters:      source : (float) Series   Returns: (float) PVI nvi(source)   @description Negative Volume Index (NVI) Same as ta.nvi(), but with customized type of source   Parameters:      source : (float) Series   Returns: (float) PVI pvt(source)   @description Price-Volume Trend (PVT) Same as ta.pvt(), but with customized type of source   Parameters:      source : (float) Series   Returns: (float) PVI
Pine Script® library
by andre_007
3
Adaptive Fisherized CMFIntroduction Heyo, here I made a normalized Chaikin Money Flow (CMF) indicator with Inverse Fisher Transform (IFT) and some smoothing techniques. I had to normalize the indicator in order to fit it to the IFT range (-1 -> 1). Moreover, the good old adaptive mode is also included in this indicator. It uses Ehlers superb dominant cycle techniques. It also has divergence detection, several options for individualisation and doesn't repaint. Usage www.investopedia.com Signals CMF above 0 => bullish market CMF below 0 => bearish market (You can also use the inner bands instead of the zero line, to make these signals more precise) Bullish regular/hidden divergence => long Bearish regular/hidden divergence => short Enjoy guys! PS: I really would like to hear some feedback of you.
Pine Script® indicator
by simwai
[MAD] CMF 5x MTF BTCthis is a revised classic CMF indicator, with some additional features Features: 4 different Exchanges:Tickers (clouds). your current exchanges:ticker (white) an averaged cmf over all 5 tickers (black) a selectable time frame for all tickers 3 buy and 3 sell lines (visual H-lines only) autocentering over ghosts color scheme is for a dark theme, change in settings if needed. how to use: act the crossins when one or two cmfs move steeply into an h-line, when moving back to the middle they have their signal and do their own risk management. sometimes really crazy things happen in small time frames (whalegames) that you can use as a tradestop and sit it out. generally try to go with a bigger trend that give less but better results
Pine Script® indicator
by djmad
3
SQZ Multiframe StrategyThis is a first attempt to automate what my current strategy when trading is. It uses 2 timeframes: the one you are currently using to see the chart and an "anchor trend" which is a higher order frame. Supported timeframes are: 1m, 5m, 15m, 30m, 1H, 4H, 1D, 1W The Strategy relies on two indicators: Squeeze Momentum Indicator CMF How does it works? It looks for a moment when the following conditions are met. For Long: Positive directionality in SQZM monitor in anchor timeframe Positive directionality in SQZM monitor in current timeframe Recent minimum in CMF For Short: Negative directionality in SQZM monitor in anchor timeframe Negative directionality in SQZM monitor in current timeframe Recent maximum in CMF After a BUY or SELL order is executed the plot will start showing two lines: A TP line, and a SL line. The TP and SL move dynamically based on a greedy algorithm based on 3 input parameters. Min Profit to Start Moving SL (%): Sets an initial target for the trade. Maximum Possible of SL (%): This is the maximum amount possible for SL. If volatility is not too high, a shorter SL will be chosen based on Kaufman's Stops method Take profit factor: Is how much portion of the target I am taking as profit once the target is reached Example for 5% Min profit: When the first target is reached (+5%), the SL will be updated to 2.5% over the enter price. When the second target is reached (+10%), the SL will be updated to 5% over the enter price. Note: The strategy might abandon the position prematurely if a contrary signal is received while the trade is opened, and will change direction. The Strategy has been backtested mostly for crypto. It might be good for stocks too, but the parameters mentioned might need some adjustments since price moves at a different rate. Recommended timeframe is 4H for BTC , and 30min/1H for alts. Comments and ideas are more than welcome!
Pine Script® strategy
by SayMyNameWW
10
Full strategy Psar+ adx + cmf + rsi This ia full strategy made with a combination of a trender, volume, volatility and oscillator. In this case we only go long. Indicators used: Default PSAR Default CMF Modified RSI logic, not using OB/OS ADX with EMA applied The rules are : we check if we are in a uptrend on psar, together with a positive value in volume, rsi is above the middle line(50), using a big length, and lastly the ADx is superior to the ema ADx For exit, we check the opposite, like downtrend psar, negative value volume, rsi < 50, and adx < ema adx If you have any questions let me know.
Pine Script® strategy
by SoftKill21
4
Vol Buy/Sell %s, CMF, and Stocahstic Osc & UOPlots % Buy / Sell Volume , Chaikin Money Flow , Stochastic Oscillator, and Ultimate Oscillator on same axis, bound -1 to 1. Show Volume Percentage, displaying buying as green and positive, selling as red and negative. Showing the CMF, with green / red fill for positive / negative values. Modified Stochastic Oscillator, converting bounds to -1 and 1, moving overbought/sold to -0.6 and 0.6, accordingly. Green fill (buy signal) with %D below -0.6 and %K lower than %D. Red fill (sell signal) with %D above 0.6 and %K higher than %D. Fill is between %D and bound, to be more visible. Modified Ultimate Oscillator, converting bounds to -1 and 1, moving overbought/sold to -0.6 and 0.6, accordingly.
Pine Script® indicator
by thessnake03
6
Indicators all in oneHello Everyone . Sometimes we need some indicators and each one needs seperated window. with this tool we can see indicators by choosing it from pull down menu, in the same window. Currently you can choose RSI, MACD, Commodity Channel Index (CCI), Momentum, Stochastic, Stochastic RSI, Directional Movement Index (DMI), Chaikin Money Flow (CMF), On-Balance Volume (OBV), Average True Range (ATR), Volume Weigthed MACD (VWMACD). some screen shots: DMI: MACD: Stochastic RSI Let me know if you need any other indicator in this tool. Enjoy!
Pine Script® indicator
by LonesomeTheBlue
24
CMF Osc - Chaikin Money Flow Oscillator [UTS]The well known Chaikin Money Flow Indicator as oscillator version. General Usage The indicator runs both above and below zero, made to denote whether an asset is in a bullish (above zero) or bearish (below zero) trend. It can be used to confirm trends, as well as spot possible trading signals due to divergences. A benefit of the oscillator version is that it can produce LONG or SHORT signals on zero line cross. Moving Averages 4 different Moving Averages are available: EMA (Exponential Moving Average) SMA (Simple Moving Average) VWMA (Volume Weighted Moving Average) WMA (Weighted Moving Average)
Pine Script® indicator
by UberTradingSystems
2
Chaikin Oscillator (ADL Oscillator) [UTS]The Chaikin Oscillator is basically an oscillator version of the Accumulation / Distribution Index, also known as ADL Indicator. General Usage The indicator runs both above and below zero, made to denote whether an asset is in a bullish (above zero) or bearish (below zero) trend. It can be used to confirm trends, as well as spot possible trading signals due to divergences. A benefit of the oscillator version is that it can produce LONG or SHORT signals on zero line cross. Moving Averages 4 different Moving Averages are available: EMA (Exponential Moving Average) SMA (Simple Moving Average) VWMA (Volume Weighted Moving Average) WMA (Weighted Moving Average)
Pine Script® indicator
by UberTradingSystems
PVT Osc - Price Volume Trend Oscillator [UTS]The oscillator version of the Price Volume Trend indicator (PVT) can be considered as a leading indicator of future price movements. The PVT Indicator is similar to the On Balance Volume indicator as it is also used to measure the strength of a trend. The difference between the OBV and the PVT is that where the OBV adds all volumes when price achieves higher daily closes and subtracts them when price registers a lower daily close, the PVT adds or subtracts only a portion of the volume from the cumulative total in relation to a percentage change in price. The general market consensus is that this difference enables the PVT to more accurately represent money flow volumes in and out of a stock or commodity. The PVT has been designed so that it is capable of forecasting directional changes in price. For instance, if the price of a stock is rising and the PVT begins to fall, then this is indicative that a price reversal could occur very soon. The general consensus is that the PVT is more accurate at detecting new trading opportunities than the OBV because of the differences in their construction. The OBV is designed so that it adds the same amount of volume whether the price closes upwards by just a small fraction or by multiples of its day opening value. On the other hand, the PVT adds volume proportional to the amount the price closed higher. General Usage Plain old PVT can be used to confirm trends, as well as spot possible trading signals due to divergences. A benefit of the oscillator version is that it can produce LONG or SHORT signals on zero line cross. Or controversy, disallow LONG trades in bearish territory and disallow SHORT trades in bullish territory. Moving Averages 4 different Moving Averages are available: EMA (Exponential Moving Average) SMA (Simple Moving Average) VWMA (Volume Weighted Moving Average) WMA (Weighted Moving Average)
Pine Script® indicator
by UberTradingSystems
22
OBV Osc - On Balance Volume Oscillator [UTS]The oscillator version of the well known On Balance Volume Indicator (OBV). General Usage Plain old OBV can be used to confirm trends, as well as spot possible trading signals due to divergences. A benefit of the oscillator version is that it can produce LONG or SHORT signals on zero line cross. Moving Averages 4 different Moving Averages are available: EMA (Exponential Moving Average) SMA (Simple Moving Average) VWMA (Volume Weighted Moving Average) WMA (Weighted Moving Average)
Pine Script® indicator
by UberTradingSystems
3
MFI - Money Flow Index [UTS]Money Flow Index (MFI) is the technical indicator, which indicates the rate at which money is invested into a security and then withdrawn from it. Construction and interpretation of the indicator is similar to Relative Strength Index with the only difference that volume is important to MFI. Usage: When analyzing the money flow index one needs to take into consideration the following points: divergences between the indicator and price movement. If prices grow while MFI falls (or vice versa), there is a great probability of a price turn; Money Flow Index value, which is over 80 or under 20, signals correspondingly of a potential peak or bottom of the market. Common known variants of this type of indicator are the On Balance Volume, Chaikin Oscillator or Chaikin Money Flow. Based on www.metatrader5.com
Pine Script® indicator
by UberTradingSystems
ADL - Accumulation Distribution Line [UTS]an underlying asset. It is determined by the changes in price and volume. The volume acts as a weighting coefficient at the change of price — the higher the coefficient (the volume) is the greater the contribution of the price change (for this period of time) will be in the value of the indicator. The indicator is also known as Accumulation / Distribution Index. Common known variants of this type of indicator are the On Balance Volume, Chaikin Oscillator or Chaikin Money Flow. Based on www.metatrader5.com
Pine Script® indicator
by UberTradingSystems
1