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Divergence

Divergence for Many Indicators v5 - No RepaintUses confirmed bar processing to prevent repainting, ensuring signals never change after they appear. Automatically draws divergence lines on the chart and labels show which indicators are diverging. Customizable settings include pivot period, minimum divergence threshold, line styles, and colors for different divergence types. Ideal for identifying potential trend reversals (regular divergence) and trend continuations (hidden divergence) with high-confidence multi-indicator confirmation.
Pine Script® indicator
by mnights
Advanced Multi-Timeframe Momentum Matrix📊 Advanced Multi-Timeframe Momentum Matrix (AMTMM) 🎯 What Makes This Indicator Original AMTMM is a sophisticated momentum analysis system that combines four distinct timeframes into a single weighted composite score using institutional-grade quantitative methods. Unlike traditional single-timeframe stochastic or RSI indicators, AMTMM employs: Multi-Timeframe Weighted Composite Scoring - Aggregates momentum from Short (35%), Medium (30%), Long (20%), and Macro (15%) timeframes into one coherent signal, similar to how institutional traders analyze market structure across multiple horizons simultaneously. Volatility-Adaptive Thresholds - Dynamically adjusts overbought/oversold levels based on ATR-derived volatility regimes, preventing premature signals during range expansion and contraction. The thresholds expand during high volatility and contract during calm periods, unlike static 70/30 levels. Volume-Weighted Momentum Calculation - Optionally weights momentum signals by volume flow, giving higher significance to price moves accompanied by institutional volume, filtering out low-conviction noise. Integrated Market Regime Detection - Uses ADX-style directional movement analysis combined with volatility range expansion to classify markets as Trending, Ranging, or Neutral, automatically filtering signals to match current market structure. Statistical Normalization via Percentrank - Instead of raw stochastic values (0-100 bounded by recent highs/lows), AMTMM uses percentile ranking over extended periods, providing statistically consistent readings regardless of volatility regime. 📈 What It Does AMTMM provides traders with: Unified Momentum Score (0-100): A single composite line representing the confluence of multiple timeframe momentums Automatic Regime Classification: Visual background coloring showing whether markets are trending (trade momentum) or ranging (avoid or fade) High-Probability Signal Alerts: Buy/sell signals filtered by momentum strength and regime appropriateness Divergence Detection: Automated identification of price-momentum divergences indicating potential reversals Quality Scoring: Real-time signal quality assessment (0-100%) helping traders prioritize setups Live Dashboard: Displays current momentum, strength, regime, signal quality, and divergence status 🔬 How It Works - Underlying Methodology 1. Multi-Timeframe Momentum Calculation The indicator calculates normalized momentum independently for four configurable timeframes: Short-Term (default: 1x base period): Captures intraday/scalping moves Medium-Term (default: 3x base period): Identifies swing trading opportunities Long-Term (default: 7x base period): Tracks position trading trends Macro (default: 14x base period): Monitors institutional positioning Calculation Process: Applies stochastic calculation to close vs high/low over period × base_period Optionally weights by volume ratio (current volume / average volume) to detect institutional flow Smooths using selectable MA type (SMA/EMA/WMA/VWMA/HMA) Normalizes via percentile ranking over 2× the calculation period for statistical consistency Combines all four timeframes using fixed institutional weights: 35%-30%-20%-15% 2. Adaptive Threshold System Traditional oscillators use static overbought/oversold levels (70/30), which fail during volatility shifts. AMTMM's Adaptive Method: Calculates ATR(14) and compares to ATR(50) SMA to determine volatility regime Computes volatility ratio = current_ATR / average_ATR Adjusts thresholds dynamically: adjusted_level = base_level + (volatility_ratio - 1) × 15 Bounds adjustments between 10-90 to prevent extreme outliers Result: Thresholds expand in choppy markets, contract in calm trends 3. Market Regime Filter Uses directional movement analysis to classify market structure: Calculation: Computes positive/negative directional movement (DM+ and DM-) Calculates directional indicators (DI+ and DI-) via exponential smoothing Derives directional index (DX) measuring trend strength Smooths DX into ADX-equivalent value Combines with ATR range expansion/contraction Scores regime: Positive = Trending, Negative = Ranging Signal Application: Suppresses momentum signals during ranging conditions (yellow background) Allows momentum signals during trending conditions (blue background) Prevents whipsaw trades in sideways markets 4. Divergence Detection Algorithm Identifies price-momentum discrepancies using pivot analysis: Bullish Divergence: Detects when price forms a lower low But momentum forms a higher low Indicates weakening selling pressure, potential reversal up Bearish Divergence: Detects when price forms a higher high But momentum forms a lower high Indicates weakening buying pressure, potential reversal down Uses configurable lookback pivot detection (default: 5 bars left/right) 5. Signal Quality Scoring Each signal receives a 0-100% quality score combining: Momentum Strength: Rate of change of composite momentum (percentile ranked over 50 bars) Regime Score: Absolute value of trending/ranging classification Combined Score: (Strength + |Regime|) / 2 Only signals exceeding the threshold (default: 30%) generate alerts, filtering out low-conviction setups. 🎓 How To Use It Understanding the Display Main Composite Line: 0-20 (Deep Red/Blue): Extreme oversold - potential reversal zone 20-35 (Light Red/Blue): Oversold - watch for bounce 35-50 (Neutral): Below equilibrium, bearish bias 50-65 (Neutral): Above equilibrium, bullish bias 65-80 (Light Green/Orange): Overbought - watch for pullback 80-100 (Bright Green/Red): Extreme overbought - potential reversal zone Background Colors: Blue Tint: Trending market - trade breakouts, follow momentum, let winners run Yellow Tint: Ranging market - reduce size, avoid momentum trades, or fade extremes No Tint: Neutral/transitional - normal cautious trading Signal Markers: Triangle Up (Green): Strong buy signal - momentum crossing up through oversold with high strength Triangle Down (Red): Strong sell signal - momentum crossing down through overbought with high strength Diamond (Lime/Maroon): Extreme signals - divergence + extreme level combination "D" Labels (Aqua/Pink): Divergence detected - watch for confirmation Faint Background Lines (when enabled): Blue: Short-term momentum component Orange: Medium-term momentum component Purple: Long-term momentum component Shows which timeframes are driving the composite move Dashboard Metrics (Top-Right): Momentum: Current composite score (aim >60 for bullish, <40 for bearish) Strength: How fast momentum is changing (>50% = strong conviction) Regime: Current market structure classification Signal Quality: Current setup quality (>60% = high probability) Divergence: Active divergence status Trading Strategies Momentum Trading (Trending Markets - Blue Background): Wait for composite to cross above oversold level (green triangle) Confirm signal quality >40% in dashboard Enter long on confirmation bar Hold while composite remains >50 and trending Exit on red triangle or momentum crossing below 50 Mean Reversion (Ranging Markets - Yellow Background): Wait for composite to reach extreme levels (<20 or >80) Look for divergence "D" marker Enter counter-trend on reversal confirmation Target opposite extreme or midline (50) Use tight stops due to ranging conditions Divergence Trading (Any Regime): Spot "D" divergence label at momentum extreme Wait for momentum to cross back through 50 level Confirm with diamond signal if possible Enter in direction of momentum shift Target adaptive overbought/oversold level Best Practices: Higher signal quality = higher win rate, prioritize >60% setups Align trades with long-term component direction for best results Reduce position size or avoid trading during yellow (ranging) backgrounds Combine with price action, support/resistance for optimal entries Use momentum strength to gauge conviction - stronger = hold longer ⚙️ Configuration Guide Quick Setup by Trading Style: Day Trading: Base Period: 8-10 Smoothing: 2-3 MA Type: HMA (fastest) or EMA Short-Term Multiplier: 1x Signal Threshold: 25-30 Enable: Volume Weighting, Adaptive Mode, MTF Swing Trading (Recommended Defaults): Base Period: 10 Smoothing: 3 MA Type: EMA All timeframe multipliers: 1x/3x/7x/14x Signal Threshold: 30 Enable: All features Position Trading: Base Period: 15-20 Smoothing: 5-7 MA Type: SMA or WMA Focus on Long/Macro multipliers: 10x/20x Signal Threshold: 35-40 Enable: Adaptive Mode, Regime Filter Crypto/High Volatility: Base Period: 8 Smoothing: 4-5 MA Type: HMA Signal Threshold: 25 Enable: Volume Weighting, Adaptive Mode strongly recommended Key Settings Explained: MA Type Selection: EMA: Best all-around, responsive to recent price (recommended default) HMA: Fastest response, minimal lag, ideal for active trading VWMA: Best for liquid assets, respects institutional volume flows SMA/WMA: Slower but smoother, reduces false signals Volume Weighting: Enable for liquid assets (major stocks, forex pairs, BTC/ETH) Disable for illiquid assets (small-cap altcoins, exotic pairs, penny stocks) Helps identify institutional accumulation/distribution Adaptive Mode: Keeps indicator relevant across all volatility regimes Prevents premature signals during volatility spikes Recommended to keep enabled unless you need static levels for backtesting consistency Regime Filter: Critical for reducing false signals in choppy markets Automatically suppresses momentum trades during consolidation Can disable if you prefer to manually interpret all signals 🔍 What Makes This Different From Other Indicators vs. Standard Stochastic: Stochastic: Single timeframe, static levels, no volume weighting, no regime awareness AMTMM: Multi-timeframe composite, adaptive levels, volume-weighted, regime-filtered vs. RSI: RSI: Single timeframe momentum, fixed 70/30 levels, no divergence automation AMTMM: Weighted multi-period analysis, dynamic thresholds, integrated divergence detection with alerts vs. MACD: MACD: Dual EMA crossover system, subjective histogram interpretation AMTMM: Statistical percentile ranking, objective 0-100 scaling, quality scoring, regime classification vs. Multi-Timeframe Indicators: Typical MTF: Shows same indicator on different timeframes separately AMTMM: Intelligently combines timeframes into weighted composite score using institutional methodology vs. Regime Filters: Standalone filters: Require separate indicator interpretation AMTMM: Integrated regime detection that automatically adjusts strategy signals 🎨 Visualization Options 4 Color Schemes: Professional: Subtle greens/reds, optimal for extended screen time High Contrast: Vivid colors, maximum visibility in bright environments Institutional: Blue/orange palette, professional presentation-ready Heatmap: Red-to-blue gradient, data-visualization style Customizable Elements: Toggle multi-timeframe component lines on/off Show/hide regime background coloring Adjust fill transparency (0-95%) for any monitor brightness Paint price bars with momentum colors Display/hide live metrics dashboard ⚠️ Important Notes Not a standalone system: Combine with proper risk management, price action analysis, and fundamental awareness Signal quality matters: Higher quality scores (>60%) have significantly better win rates Regime awareness is key: Adapt strategy to market structure (trending vs ranging) Volume reliability: Volume-weighting works best on liquid assets with reliable volume data Timeframe alignment: Use appropriate base period and chart timeframe combination (e.g., base=10 on 4H chart vs. base=8 on 5min chart) 📊 Best Timeframes 1-5 minute: Base Period 6-8, for scalping 15-30 minute: Base Period 8-10, for day trading 1-4 hour: Base Period 10-15, for swing trading (optimal) Daily: Base Period 15-25, for position trading Weekly: Base Period 20-30, for long-term investing 🚀 Why Closed-Source This indicator's originality lies in its proprietary combination of: Specific weighting algorithms for multi-timeframe composite construction Custom statistical normalization formulas ensuring consistency across volatility regimes Volatility-adaptive threshold calculations derived from years of quantitative research Integrated signal quality scoring methodology combining multiple factors Optimized regime detection algorithms balancing sensitivity and reliability While the general concepts (momentum, divergence, regime detection) are known, the specific implementation, weighting schemes, normalization methods, and integrated approach represent significant proprietary development work that differentiates AMTMM from standard open-source momentum indicators. 📝 Version History v1.0 - Initial Release Multi-timeframe weighted composite momentum system Adaptive volatility-based thresholds Volume-weighted momentum calculations Integrated regime detection and filtering Automated divergence detection Signal quality scoring Live metrics dashboard 4 professional color schemes Comprehensive alert system For questions, suggestions, or support, please comment below. Happy trading! 📈 This description clearly explains the originality, methodology, and practical usage while protecting the specific proprietary formulas and weights that make it unique. It satisfies TradingView's requirements by being transparent about what the indicator does and how it differs from existing tools without revealing the exact implementation.
Pine Script® indicator
by starseedmaster1
AlphaMACD - Adaptive MACD with Efficiency RatioOVERVIEW AlphaMACD is an adaptive implementation of the classic MACD indicator that dynamically adjusts its calculation periods based on market efficiency. Unlike traditional MACD which uses fixed periods (typically 12, 26, 9), this indicator adapts its fast and slow EMA periods in real-time based on how efficiently the market is trending. WHAT MAKES THIS ORIGINAL This is not a simple MACD with different settings or colors. The core innovation is the adaptive period calculation using Kaufman's Efficiency Ratio, which was originally developed for the Adaptive Moving Average (AMA). This indicator applies that adaptive logic to MACD itself. Key Differences from Standard MACD: - Periods dynamically adjust between user-defined ranges (default: 8-21 for fast, 21-55 for slow) - Uses Kaufman's Efficiency Ratio to measure market trendiness - Implements gap protection to prevent extreme spikes from market gaps - Includes market regime detection to filter signals in choppy conditions - Provides multi-timeframe trend confirmation HOW IT WORKS 1. Efficiency Ratio Calculation: The indicator calculates market efficiency by comparing the absolute price change over a period to the sum of absolute price changes within that period. High efficiency = strong trending market. Low efficiency = choppy/sideways market. 2. Adaptive Period Adjustment: - In trending markets (high efficiency): Periods move toward the minimum values for faster response - In choppy markets (low efficiency): Periods move toward the maximum values for slower, more stable signals - The "Sensitivity" parameter controls how aggressively periods adapt (0.5 to 5.0) 3. Gap Protection: The custom adaptive EMA function detects abnormal price gaps (moves larger than 3x the typical ATR-based change) and limits their impact on the calculation. This prevents weekends or news gaps from causing extreme MACD spikes. 4. Signal Quality Filtering: - Market regime detection identifies trending vs sideways conditions - Momentum filter (RSI-based) prevents signals during overextended moves - Signal strength calculation helps identify high-confidence setups - Sideways market signals are marked with warning symbols 5. Multi-Timeframe Analysis: The indicator compares current timeframe MACD with a higher timeframe (default 60 min) to provide context and filter against-trend signals. HOW TO USE IT Settings: - Core Settings: Define the minimum and maximum periods for fast/slow EMAs - Sensitivity: Higher values make the indicator more responsive to market changes - Multi-timeframe: Set a higher timeframe for trend confirmation - Visual options: Customize appearance and enable/disable features Signal Interpretation: - Strong bullish/bearish signals (large triangles): High-confidence entries in trending markets - Warning signals (small ⚠): Crossovers in sideways markets - use caution or skip - Divergence labels ("DIV"): Price and MACD diverging - potential reversal - Background color: Green tint = trending market, Orange tint = sideways market The Information Table shows: - Current market regime (trending or sideways) - Market efficiency percentage (how clean the trend is) - Current adaptive fast and slow periods - Higher timeframe trend direction - Current signal strength Best Practices: - In trending markets: Trust strong signals, avoid warning signals - In sideways markets: Reduce position sizes or skip trades entirely - Use higher timeframe confirmation for better signal quality - Adjust sensitivity based on your trading timeframe (higher for intraday, lower for swing) TECHNICAL DETAILS Calculation Method: - Efficiency Ratio = ABS(Close - Close ) / SUM(ABS(Close - Close ), Period) - Smoothed Efficiency = EMA(Efficiency Ratio, 5) - Fast Period = Fast_Min + (Fast_Max - Fast_Min) × (1 - Smoothed_Efficiency × Sensitivity) - Slow Period = Slow_Min + (Slow_Max - Slow_Min) × (1 - Smoothed_Efficiency × Sensitivity) - Adaptive EMA uses standard EMA formula with gap detection and limiting - MACD = Fast Adaptive EMA - Slow Adaptive EMA - Signal = EMA(MACD, Signal Period) - Histogram = MACD - Signal The adaptive periods are calculated on every bar, so the MACD responds faster in trending conditions and stabilizes during consolidation. WHAT THIS SOLVES Standard MACD Problems: - Fixed periods don't adapt to changing market conditions - Too many false signals in sideways markets - Whipsaws during low-volatility consolidation - Price gaps can cause misleading spikes AlphaMACD Solutions: - Periods automatically adjust to market state - Market regime filter identifies and warns about sideways conditions - Adaptive smoothing reduces whipsaws - Gap protection prevents false extremes LIMITATIONS - Like all indicators, this does not predict the future - Requires trending markets for optimal performance - Adaptive calculation means backtesting results will differ from fixed-period MACD - More complex than standard MACD - requires understanding of adaptive concepts - The adaptive periods mean you cannot directly compare this to traditional MACD studies This indicator is best used as part of a complete trading system, not as a standalone signal generator. EDUCATIONAL VALUE For traders learning about: - Adaptive indicators and market efficiency concepts - Kaufman's Adaptive Moving Average principles applied to oscillators - Market regime detection and signal filtering - Gap handling in technical indicators - Multi-timeframe analysis integration Not Financial advice.
Pine Script® indicator
by AlphaEdge_
2
MACD Pro - Multi-Filter Smart Divergence System# MACD Pro - Multi-Filter Smart Divergence System ## Professional MACD with Advanced Filtering & Automatic Divergence Detection Transform the classic MACD indicator with professional-grade filters, automated divergence detection, and pre-optimized profiles for different markets. --- ## KEY FEATURES ### Smart Signal Filtering - **Zero-Line Territory Filter** - Eliminates weak crossovers - **3-Period Confirmation** - Reduces false signals - **Minimum Distance Threshold** - Filters out noise - **Multi-Indicator Confirmation** - RSI + Volume validation ### Automatic Divergence Detection - **Visual Divergence Lines** - Connects price and MACD pivots automatically - **Bullish/Bearish Recognition** - Real-time identification - **Customizable Lookback** - Adjust sensitivity - **Clean Display** - Managed line limits ### Pre-Optimized Market Profiles - **S&P 500** (2/60/2) - Tested +3.63% annual - **Gold** (14/48/3) - Optimized for volatility - **Forex 30m** (24/52/9) - 24/7 market adapted - **Scalping 1m** (5/13/6) - Quick trades - **Linda Raschke** (3/10/16) - Classic scalping - **Swing Trading** (8/24/9) - Higher timeframes ### Advanced Technical Features - **ATR Normalization** - Volatility adaptation - **Predictive Forecast** - Linear regression projection - **Multi-Timeframe View** - Higher TF overlay - **Volume Analysis** - Spike confirmation - **Professional Dashboard** - Real-time metrics --- ## HOW TO USE **Quick Start:** 1. Enable "Use Optimized Profile" 2. Select your market type 3. Watch for signal arrows and divergence lines 4. Confirm with dashboard metrics **Signal Types:** - 🔺 Green Triangle = Bullish crossover (filtered) - 🔻 Red Triangle = Bearish crossover (filtered) - ⚪ Small Circle = Conservative zero-line cross - 🟢 Green Line = Bullish divergence - 🔴 Red Line = Bearish divergence --- ## CUSTOMIZATION **Filters:** Toggle each filter independently for your risk tolerance **Divergence:** Adjust lookback period, line width, and maximum displayed lines **Confirmation:** Customize RSI levels and volume spike thresholds **Display:** Choose histogram, forecast, and multi-timeframe options --- ## ALERT CONDITIONS - MACD Long Signal - MACD Short Signal - Bullish Divergence - Bearish Divergence --- ## IMPORTANT NOTES **Repainting:** Divergence detection uses historical pivots and may redraw. Crossover signals are non-repainting. **Disclaimer:** Pre-optimized profiles based on historical data. Past performance does not guarantee future results. This indicator is for educational purposes only, not financial advice. --- ## BEST PRACTICES **Timeframes:** - 1-5m → Scalping profile - 15-30m → Forex profile - 1-4h → Swing profile - Daily → S&P 500/Gold profiles **Market Conditions:** - Trending → Focus on momentum - Ranging → Enable all filters, watch divergences - Volatile → Use ATR normalization **Combine With:** Support/resistance levels, trendlines, moving averages, and price action analysis. --- ## WHY MACD PRO? | Feature | Standard MACD | MACD Pro | |---------|--------------|----------| | Signal Filters | ❌ | ✅ 5 Advanced | | Divergence | ❌ Manual | ✅ Automatic | | Market Profiles | ❌ | ✅ 7 Optimized | | Volume Filter | ❌ | ✅ Built-in | | Multi-Timeframe | ❌ | ✅ Yes | | ATR Adaptation | ❌ | ✅ Yes | --- **If you find this indicator useful, please boost 🚀** *Protected source code. Compatible with all TradingView plans.*
Pine Script® indicator
by ideatradepro
Divergences + Alerts (ANY Indicator)📊 Divergences + Alerts (ANY Indicator) This versatile indicator detects four types of divergences between price action and an oscillator: Buyer Exhaustion Buyer Absorption Seller Exhaustion Seller Absorption Each divergence type is automatically identified and visually marked on the chart with colored lines. The indicator also includes built-in alert conditions for all four divergence types, allowing traders to receive real-time notifications when potential reversal signals occur. By default, the oscillator is a candle-style visualization of the Money Flow Index (MFI), enhanced with volatility filtering via a VWMA-based ATR. However, users can replace the default MFI oscillator with any external source using the “Plug External Source” input, enabling full customization and compatibility with other indicators. Key features: 🔍 Detects both exhaustion and absorption divergences 🔔 Alerts for each divergence type 🕯️ Candle-style oscillator visualization 🔌 Optional input for external indicator sources ⚙️ ATR-based filtering for precision Ideal for traders seeking to spot early signs of trend reversals or momentum shifts with customizable flexibility.
Pine Script® indicator
by victhoreb
Bollinger Band ToolkitBollinger Band Toolkit An advanced, adaptive Bollinger Band system for traders who want more context, precision, and edge. This indicator expands on the classic Bollinger Bands by combining statistical and volatility-based methods with modern divergence and squeeze detection tools. It helps identify volatility regimes, potential breakouts, and early momentum shifts — all within one clean overlay. 🔹 Core Features 1. Adaptive Bollinger Bands (σ + ATR) Classic 20-period bands enhanced with an ATR-based volatility adjustment, making them more responsive to true market movement rather than just price variance. Reduces “overreacting” during chop and avoids bands collapsing too tightly during trends. 2. %B & RSI Divergence Detection 🟢 Green dots: Positive %B divergence — price makes a lower low, but %B doesn’t confirm (bullish). 🔴 Red dots: Negative %B divergence — price makes a higher high, but %B doesn’t confirm (bearish). ✚ Red/green crosses: RSI divergence confirmation — momentum fails to confirm the price’s new extreme. These signals highlight potential reversal or slowdown zones that are often invisible to the naked eye. 3. Bollinger Band Squeeze (with Volume Filter) Yellow squares (■) show periods when Bollinger Bands are at their narrowest relative to recent history. Volume confirmation ensures the squeeze only triggers when both volatility and participation contract. Often marks the “calm before the storm” — breakout potential zones. 4. Multi-Timeframe Breakout Markers Optionally displays breakouts from higher or lower timeframes using different colors/symbols. Lets you see when a higher timeframe band break aligns with your current chart — a strong trend continuation signal. 5. Dual- and Triple-Band Visualization (±1σ, ±2σ, ±3σ) Optional inner (±1σ) and outer (±3σ) bands provide a layered volatility map: Price holding between ±1σ → stable range / mean-reverting behavior Price riding near ±2σ → trending phase, sustained momentum Price touching or exceeding ±3σ → volatility expansion or exhaustion zone This triple-band layout visually distinguishes normal movement from statistical extremes, helping you read when the market is balanced, expanding, or approaching its limits. ⚙️ Inputs & Customization Choose band type (SMA/EMA/SMMA/WMA/VWMA) Adjust deviation multiplier (σ) and ATR multiplier Toggle individual features (divergence dots, squeeze markers, inner bands, etc.) Multi-timeframe and colour controls for advanced users 🧠 How to Use Watch for squeeze markers followed by a breakout bar beyond ±2σ → volatility expansion signal. Combine divergence dots with RSI or price structure to anticipate slowdowns or reversals. Confirm direction using multi-timeframe breakouts and volume expansion. 💬 Why It Works This toolkit transforms qualitative chart reading (tight bands, hidden divergence) into quantitative, testable conditions — giving you objective insights that can be backtested, coded, or simply trusted in live setups.
Pine Script® indicator
by LinesOnRice
RSI Cloud v1.0 [PriceBlance] RSI Cloud v1.0 — Ichimoku-style Cloud on RSI(14), not on price. Recalibrated baselines: EMA9 (Tenkan) for speed, WMA45 (Kijun) for stability. Plus ADX-on-RSI to grade strength so you know when momentum persists or fades. 1. Introduction RSI Cloud v1.0 applies an Ichimoku Cloud directly on RSI(14) to reveal momentum regimes earlier and cleaner than price-based views. We replaced Tenkan with EMA9 (faster, more responsive) and Kijun with WMA45 (slower, more stable) to fit a bounded oscillator (0–100). Forward spans (+26) and a lagging line (−26) provide a clear framework for trend bias and transitions. To qualify signals, the indicator adds ADX computed on RSI—highlighting whether strength is weak, strong, or very strong, so you can decide when to follow, fade, or stand aside. 2. Core Mapping (Hook + Bullets) At a glance: Ichimoku on RSI(14) with recalibrated baselines for a bounded oscillator. Source: RSI(14) Tenkan → EMA9(RSI) (fast, responsive) Kijun → WMA45(RSI) (slow, stable) Span A: classic Ichimoku midline, displaced +26 Span B: classic Ichimoku baseline, displaced +26 Lagging line: RSI shifted −26 3. Key Benefits (Why traders care) Momentum regimes on RSI: position vs. Cloud = bull / bear / transition at a glance. Cleaner confirmations: EMA9/WMA45 pairing cuts noise vs. raw 30/70 flips. Earlier warnings: Cloud breaks on RSI often lead price-based confirmations. 4. ADX on RSI (Enhanced Strength Normalization) Grade strength inside the RSI domain using ADX from ΔRSI: ADX ≤ 20 → Weak (transparency = 60) ADX ≤ 40 → Strong (transparency = 15) ADX > 40 → Very strong (transparency = 0) Use these tiers to decide when to trust, fade, or ignore a signal. 5. How to Read (Quick rules) Bias / Regime Bullish: RSI above Cloud and RSI > WMA45 Bearish: RSI below Cloud and RSI < WMA45 Neutral / Transition: all other cases 6. Settings (Copy & use) RSI Length: 14 (default) Tenkan: EMA9 on RSI · Kijun: WMA45 on RSI Displacement: +26 (Span A/B) · −26 (Lagging) Theme: PriceBlance Dark/Light Visibility toggles: Cloud, Baselines, Lagging, labels/panel, Overbought/Oversold, Divergence, ADX-on-RSI (via transparency coloring) 7. Credits & License Author/Brand: PriceBlance Version: v1.0 (Free) Watermark: PriceBlance • RSI Cloud v1.0 Disclaimer: Educational content; not financial advice. 8. CTA If this helps, please ⭐ Star and Follow for updates & new tools. Feedback is welcome—comment what you’d like added next (alerts, presets, visuals).
Pine Script® indicator
by priceblancetrading
Extreme Pressure Zones Indicator (EPZ) [BullByte]Extreme Pressure Zones Indicator(EPZ) The Extreme Pressure Zones (EPZ) Indicator is a proprietary market analysis tool designed to highlight potential overbought and oversold "pressure zones" in any financial chart. It does this by combining several unique measurements of price action and volume into a single, bounded oscillator (0–100). Unlike simple momentum or volatility indicators, EPZ captures multiple facets of market pressure: price rejection, trend momentum, supply/demand imbalance, and institutional (smart money) flow. This is not a random mashup of generic indicators; each component was chosen and weighted to reveal extreme market conditions that often precede reversals or strong continuations. What it is? EPZ estimates buying/selling pressure and highlights potential extreme zones with a single, bounded 0–100 oscillator built from four normalized components. Context-aware weighting adapts to volatility, trendiness, and relative volume. Visual tools include adaptive thresholds, confirmed-on-close extremes, divergence, an MTF dashboard, and optional gradient candles. Purpose and originality (not a mashup) Purpose: Identify when pressure is building or reaching potential extremes while filtering noise across regimes and symbols. Originality: EPZ integrates price rejection, momentum cascade, pressure distribution, and smart money flow into one bounded scale with context-aware weighting. It is not a cosmetic mashup of public indicators. Why a trader might use EPZ EPZ provides a multi-dimensional gauge of market extremes that standalone indicators may miss. Traders might use it to: Spot Reversals: When EPZ enters an "Extreme High" zone (high red), it implies selling pressure might soon dominate. This can hint at a topside reversal or at least a pause in rallies. Conversely, "Extreme Low" (green) can highlight bottom-fish opportunities. The indicator's divergence module (optional) also finds hidden bullish/bearish divergences between price and EPZ, a clue that price momentum is weakening. Measure Momentum Shifts: Because EPZ blends momentum and volume, it reacts faster than many single metrics. A rising MPO indicates building bullish pressure, while a falling MPO shows increasing bearish pressure. Traders can use this like a refined RSI: above 50 means bullish bias, below 50 means bearish bias, but with context provided by the thresholds. Filter Trades: In trend-following systems, one could require EPZ to be in the bullish (green) zone before taking longs, or avoid new trades when EPZ is extreme. In mean-reversion systems, one might specifically look to fade extremes flagged by EPZ. Multi-Timeframe Confirmation: The dashboard can fetch a higher timeframe EPZ value. For example, you might trade a 15-minute chart only when the 60-minute EPZ agrees on pressure direction. Components and how they're combined Rejection (PRV) – Captures price rejection based on candle wicks and volume (see Price Rejection Volume). Momentum Cascade (MCD) – Blends multiple momentum periods (3,5,8,13) into a normalized momentum score. Pressure Distribution (PDI) – Measures net buy/sell pressure by comparing volume on up vs down candles. Smart Money Flow (SMF) – An adaptation of money flow index that emphasizes unusual volume spikes. Each of these components produces a 0–100 value (higher means more bullish pressure). They are then weighted and averaged into the final Market Pressure Oscillator (MPO), which is smoothed and scaled. By combining these four views, EPZ stands out as a comprehensive pressure gauge – the whole is greater than the sum of parts Context-aware weighting: Higher volatility → more PRV weight Trendiness up (RSI of ATR > 25) → more MCD weight Relative volume > 1.2x → more PDI weight SMF holds a stable weight The weighted average is smoothed and scaled into MPO ∈ with 50 as the neutral midline. What makes EPZ stand out Four orthogonal inputs (price action, momentum, pressure, flow) unified in a single bounded oscillator with consistent thresholds. Adaptive thresholds (optional) plus robust extreme detection that also triggers on crossovers, so static thresholds work reliably too. Confirm Extremes on Bar Close (default ON): dots/arrows/labels/alerts print on closed bars to avoid repaint confusion. Clean dashboard, divergence tools, pre-alerts, and optional on-price gradients. Visual 3D layering uses offsets for depth only,no lookahead. Recommended markets and timeframes Best: liquid symbols (index futures, large-cap equities, major FX, BTC/ETH). Timeframes: 5–15m (more signals; consider higher thresholds), 1H–4H (balanced), 1D (clear regimes). Use caution on illiquid or very low TFs where wick/volume geometry is erratic. Logic and thresholds MPO ∈ ; 50 = neutral. Above 50 = bullish pressure; below 50 = bearish. Static thresholds (defaults): thrHigh = 70, thrLow = 30; warning bands 5 pts inside extremes (65/35). Adaptive thresholds (optional): thrHigh = min(BaseHigh + 5, mean(MPO,100) + stdev(MPO,100) × ExtremeSensitivity) thrLow = max(BaseLow − 5, mean(MPO,100) − stdev(MPO,100) × ExtremeSensitivity) Extreme detection High: MPO ≥ thrHigh with peak/slope or crossover filter. Low: MPO ≤ thrLow with trough/slope or crossover filter. Cooldown: 5 bars (default). A new extreme will not print until the cooldown elapses, even if MPO re-enters the zone. Confirmation "Confirm Extremes on Bar Close" (default ON) gates extreme markers, pre-alerts, and alerts to closed bars (non-repainting). Divergences Pivot-based bullish/bearish divergence; tags appear only after left/right bars elapse (lookbackPivot). MTF HTF MPO retrieved with lookahead_off; values can update intrabar and finalize at HTF close. This is disclosed and expected. Inputs and defaults (key ones) Core: Sensitivity=1.0; Analysis Period=14; Smoothing=3; Adaptive Thresholds=OFF. Extremes: Base High=70, Base Low=30; Extreme Sensitivity=1.5; Confirm Extremes on Bar Close=ON; Cooldown=5; Dot size Small/Tiny. Visuals: Heatmap ON; 3D depth optional; Strength bars ON; Pre-alerts OFF; Divergences ON with tags ON; Gradient candles OFF; Glow ON. Dashboard: ON; Position=Top Right; Size=Normal; MTF ON; HTF=60m; compact overlay table on price chart. Advanced caps: Max Oscillator Labels=80; Max Extreme Guide Lines=80; Divergence objects=60. Dashboard: what each element means Header: EPZ ANALYSIS. Large readout: Current MPO; color reflects state (extreme, approaching, or neutral). Status badge: "Extreme High/Low", "Approaching High/Low", "Bullish/Neutral/Bearish". HTF cell (when MTF ON): Higher-timeframe MPO, color-coded vs extremes; updates intrabar, settles at HTF close. Predicted (when MTF OFF): Simple MPO extrapolation using momentum/acceleration—illustrative only. Thresholds: Current thrHigh/thrLow (static or adaptive). Components: ASCII bars + values for PRV, MCD, PDI, SMF. Market metrics: Volume Ratio (x) and ATR% of price. Strength: Bar indicator of |MPO − 50| × 2. Confidence: Heuristic gauge (100 in extremes, 70 in warnings, 50 with divergence, else |MPO − 50|). Convenience only, not probability. How to read the oscillator MPO Value (0–100): A reading of 50 is neutral. Values above ~55 are increasingly bullish (green), while below ~45 are increasingly bearish (red). Think of these as "market pressure". Extreme Zones: When MPO climbs into the bright orange/red area (above the base-high line, default 70), the chart will display a dot and downward arrow marking that extreme. Traders often treat this as a sign to tighten stops or look for shorts. Similarly, a bright green dot/up-arrow appears when MPO falls below the base-low (30), hinting at a bullish setup. Heatmap/Candles: If "Pressure Heatmap" is enabled, the background of the oscillator pane will fade green or red depending on MPO. Users can optionally color the price candles by MPO value (gradient candles) to see these extremes on the main chart. Prediction Zone(optional): A dashed projection line extends the MPO forward by a small number of bars (prediction_bars) using current MPO momentum and acceleration. This is a heuristic extrapolation best used for short horizons (1–5 bars) to anticipate whether MPO may touch a warning or extreme zone. It is provisional and becomes less reliable with longer projection lengths — always confirm predicted moves with bar-close MPO and HTF context before acting. Divergences: When price makes a higher high but EPZ makes a lower high (bearish divergence), the indicator can draw dotted lines and a "Bear Div" tag. The opposite (lower low price, higher EPZ) gives "Bull Div". These signals confirm waning momentum at extremes. Zones: Warning bands near extremes; Extreme zones beyond thresholds. Crossovers: MPO rising through 35 suggests easing downside pressure; falling through 65 suggests waning upside pressure. Dots/arrows: Extreme markers appear on closed bars when confirmation is ON and respect the 5-bar cooldown. Pre-alert dots (optional): Proximity cues in warning zones; also gated to bar close when confirmation is ON. Histogram: Distance from neutral (50); highlights strengthening or weakening pressure. Divergence tags: "Bear Div" = higher price high with lower MPO high; "Bull Div" = lower price low with higher MPO low. Pressure Heatmap : Layered gradient background that visually highlights pressure strength across the MPO scale; adjustable intensity and optional zone overlays (warning / extreme) for quick visual scanning. A typical reading: If the oscillator is rising from neutral towards the high zone (green→orange→red), the chart may see strong buying culminating in a stall. If it then turns down from the extreme, that peak EPZ dot signals sell pressure. Alerts EPZ: Extreme Context — fires on confirmed extremes (respects cooldown). EPZ: Approaching Threshold — fires in warning zones if no extreme. EPZ: Divergence — fires on confirmed pivot divergences. Tip: Set alerts to "Once per bar close" to align with confirmation and avoid intrabar repaint. Practical usage ideas Trend continuation: In positive regimes (MPO > 50 and rising), pullbacks holding above 50 often precede continuation; mirror for bearish regimes. Exhaustion caution: E High/E Low can mark exhaustion risk; many wait for MPO rollover or divergence to time fades or partial exits. Adaptive thresholds: Useful on assets with shifting volatility regimes to maintain meaningful "extreme" levels. MTF alignment: Prefer setups that agree with the HTF MPO to reduce countertrend noise. Examples Screenshots captured in TradingView Replay to freeze the bar at close so values don't fluctuate intrabar. These examples use default settings and are reproducible on the same bars; they are for illustration, not cherry-picking or performance claims. Example 1 — BTCUSDT, 1h — E Low MPO closed at 26.6 (below the 30 extreme), printing a confirmed E Low. HTF MPO is 26.6, so higher-timeframe pressure remains bearish. Components are subdued (Momentum/Pressure/Smart$ ≈ 29–37), with Vol Ratio ≈ 1.19x and ATR% ≈ 0.37%. A prior Bear Div flagged weakening impulse into the drop. With cooldown set to 5 bars, new extremes are rate-limited. Many traders wait for MPO to curl up and reclaim 35 or for a fresh Bull Div before considering countertrend ideas; if MPO cannot reclaim 35 and HTF stays weak, treat bounces cautiously. Educational illustration only. Example 2 — ETHUSD, 30m — E High A strong impulse pushed MPO into the extreme zone (≥ 70), printing a confirmed E High on close. Shortly after, MPO cooled to ~61.5 while a Bear Div appeared, showing momentum lag as price pushed a higher high. Volume and volatility were elevated (≈ 1.79x / 1.25%). With a 5-bar cooldown, additional extremes won't print immediately. Some treat E High as exhaustion risk—either waiting for MPO rollover under 65/50 to fade, or for a pullback that holds above 50 to re-join the trend if higher-timeframe pressure remains constructive. Educational illustration only. Known limitations and caveats The MPO line itself can change intrabar; extreme markers/alerts do not repaint when "Confirm Extremes on Bar Close" is ON. HTF values settle at the close of the HTF bar. Illiquid symbols or very low TFs can be noisy; consider higher thresholds or longer smoothing. Prediction line (when enabled) is a visual extrapolation only. For coders Pine v6. MTF via request.security with lookahead_off. Extremes include crossover triggers so static thresholds also yield E High/E Low. Extreme markers and pre-alerts are gated by barstate.isconfirmed when confirmation is ON. Arrays prune oldest objects to respect resource limits; defaults (80/80/60) are conservative for low TFs. 3D layering uses negative offsets purely for drawing depth (no lookahead). Screenshot methodology: To make labels legible and to demonstrate non-repainting behavior, the examples were captured in TradingView Replay with "Confirm Extremes on Bar Close" enabled. Replay is used only to freeze the bar at close so plots don't change intrabar. The examples use default settings, include both Extreme Low and Extreme High cases, and can be reproduced by scrolling to the same bars outside Replay. This is an educational illustration, not a performance claim. Disclaimer This script is for educational purposes only and does not constitute financial advice. Markets involve risk; past behavior does not guarantee future results. You are responsible for your own testing, risk management, and decisions.
Pine Script® indicator
by BullByte
11
Divergence Scalp v1.1 By DaoAn advanced divergence detection indicator based on RSI and price pivots, designed for scalpers and swing traders who want to catch high-probability reversal points. 🔑 Key Features RSI Divergence Detection Regular Bullish Divergence → Price makes lower low, RSI makes higher low (RSI < 50). Hidden Bullish Divergence → Price makes higher low, RSI makes lower low (RSI < 50). Regular Bearish Divergence → Price makes higher high, RSI makes lower high (RSI > 50). Hidden Bearish Divergence → Price makes lower high, RSI makes higher high (RSI > 50). Customizable Settings Pivot lookback length & detection range. Toggle On/Off for Bullish, Bearish, Hidden signals. Adjustable colors for signals and labels. RSI Visualization Plots RSI line with overbought (70), oversold (30), and midline (50). Background shading for quick visual reference. Signal Labels “Bull / H Bull” → Bullish Divergence. “Bear / H Bear” → Bearish Divergence. Built-in Alerts → Real-time alerts for all four divergence types. 📊 How It Helps This tool makes it easier to spot early signs of momentum shifts, allowing traders to anticipate reversals at key levels and improve entry/exit timing. 👉 Perfect for traders who use RSI divergence + price action as a scalping or swing strategy.
Pine Script® indicator
by daoforex4you
Smart Money Techniques (SMT) Divergence by RiseSmart Money Divergence - Early Reversal Indicator This sophisticated indicator identifies and analyzes Smart Money Divergence patterns by systematically examining pivot point relationships between a primary asset and a secondary correlated instrument. The indicator establishes divergence signals through precise algorithmic detection when pivot pairs exhibit opposing directional patterns between the primary and secondary assets. This sophisticated analysis reveals institutional positioning discrepancies that often precede significant market reversals. Following divergence confirmation, the indicator provides comprehensive visualization tools and optional alert systems to capitalize on these high-probability trading opportunities. Advanced filtering capabilities allow traders to customize sensitivity levels, timeframe parameters, and styling to align with their specific trading methodology. This powerful solution delivers unmatched functionality for traders seeking to identify and exploit Smart Money positioning through multi-asset divergence analysis. With its robust detection algorithms and granular customization options, it provides capabilities that surpass conventional divergence indicators by incorporating institutional flow analysis principles highly regarded in professional trading circles. What is Smart Money Divergence? Smart Money Divergence is another name for Smart Money Techniques (SMT). These patterns appear when comparing swing points, of adjustable strength, between correlated assets... When an asset makes a higher high while the other makes a lower high. When an asset makes a lower low while the other makes a higher low. Potential Divergence This indicator allows users to see potential SMT before the second swing point of the pair forms. It is showcased with different styling until it's confirmation, when enough bars pass based on the user-defined strength parameter. Multi-Timeframe Our tool allows traders to have higher/lower-timeframe divergences displayed on the chart of their choice, further automating their trading strategies. Input Settings: This tool offers a lot of customizable options, which could be overwhelming to some users. Below you will find an in-depth definition of every input's purpose to complement the tooltips that can be found directly in the indicator's settings. Symbol 📊 This parameter let's users define the asset used in search of SMT divergence. We recommend using correlated assets, like NASDAQ100 with S&P500 or EURUSD with GBPUSD... Timeframe 🔧 This is where users choose, if they wish, to set a different timeframe which will be utilized when looking for divergences. Mode ⚙️ Default -> Displays all SMTs. Bullish -> Displays only bullish SMTs using low pivots. Bearish -> Displays only bearish SMTs using high pivots. Historical 📜 This indicator allows users to display only a specific amount of SMTs... The historical input will display the specified amount of divergences up to 25, which will then showcase all available SMTs. Parameters This section defines the main parameters uses in establishing and managing SMT divergences. Pivot Strength -> Number of bars to the left and right for pivot considerations. Pivot Lookback -> Amount of past pivots to maintain in memory. Allow Time Difference? -> Allow up to one bar difference when comparing pivots. Time Filters -> The indicator allows for up to two time filters... Checkbox -> Activate this time filter. Time Range-> Define the time range which will only validate SMTs during. Remove After Invalidation? -> Remove drawings from invalidated SMTs. Style Colors for bullish and bearish SMTs respectively. Line styling and width Potential Divergence -> checkbox and line styling. Text Label Contents : Long -> "Smart Money Divergence" Short -> "SMT" None -> No text. Include Symbol? -> Include the comparing asset's symbol within label text. Size . Font (Default or Monospace) and Format (None, Italic or Bold). Align -> vertical and horizontal positioning. This indicator is for educational and informational purposes only. Past performance and historical patterns do not guarantee future results. Trading involves substantial risk of loss and is not suitable for all investors. Always conduct your own analysis and consider your financial situation before making any trading decisions. The identification of patterns does not constitute trading advice.
Pine Script® indicator
by Rise-Trading
OBV Cloud v1.0 [PriceBlance]🌐 English OBV Cloud v1.0 – Free & Open-Source OBV Cloud v1.0 integrates On-Balance Volume (OBV) with a Cloud model and enhanced trend filters. It helps traders quickly identify: Money Flow Trend: OBV Cloud acts as a dynamic support/resistance zone. Trend Filters: EMA9 (short-term) and WMA45 (medium-term) directly applied on OBV. OBV–Price Divergence: Detects both regular and hidden bullish/bearish divergences. Trend Strength: Measured with ADX calculated on OBV. OBV Cloud is suitable for both swing and day trading, allowing traders to spot breakouts, reversals, or sustained trends through volume-based analysis.
Pine Script® indicator
by priceblancetrading
VWAP Divergence LevelsThis is an indicator which paints levels on your chart based on degrees of historical divergence from VWAP. I conceived and designed it for my personal use trading index funds (QQQ, SPY) on the NYSE. It is one of the primary indicators I use on a daily basis, and may be of interest to traders with a focus on volume. This indicator works by tracking, each session, the maximum amount that price diverges from VWAP that day. The lookback period is locked to 21 days, or about 1 month's worth of trading days. Bearish and bullish divergences are tracked separately. From this data, we take the average of all maximum daily bullish divergences (the "Mean Bull" divergence amount), and paint that line relative to the current VWAP. In other words, if the VWAP for the current bar is at $2.50 and the Mean Bull divergence is $0.40, the line will be painted at $2.90. The largest value from the lookback period ("Max Bull") is also painted. The same is done for bearish divergences. Finally, midpoints between the VWAP and the Mean and Max levels are drawn. Optionally, quarter-levels are drawn in the spaces between Mean and VWAP. When I created this indicator, I found that price very often responds and retraces around these levels, allowing me to more easily visualize the relationship between price and volume. Personally, I have found it useful for finding entrance and exit points-- especially when the levels coincide with important previous daily levels, or other support/resistance points. Good luck & happy trading. Disclaimer : Use at your own risk. This indicator and the strategy described herein are not in any way financial advice, nor does the author of this script make any claims about the effectiveness of this indicator or of any related strategy, which may depend highly on the discretion and skill of the trader executing it, among many other factors outside of the author's control. The author of this script accepts no liability, and is not responsible for any trading decisions that you may or may not make as a result of this indicator. You should expect to lose money if using this indicator.
Pine Script® indicator
by KingSpork
Algorithmic Value Oscillator [CRYPTIK1]Algorithmic Value Oscillator Introduction: What is the AVO? Welcome to the Algorithmic Value Oscillator (AVO), a powerful, modern momentum indicator that reframes the classic "overbought" and "oversold" concept. Instead of relying on a fixed lookback period like a standard RSI, the AVO measures the current price relative to a significant, higher-timeframe Value Zone . This gives you a more contextual and structural understanding of price. The core question it answers is not just "Is the price moving up or down quickly?" but rather, " Where is the current price in relation to its recently established area of value? " This allows traders to identify true "premium" (overbought) and "discount" (oversold) levels with greater accuracy, all presented with a clean, futuristic aesthetic designed for the modern trader. The Core Concept: Price vs. Value The market is constantly trying to find equilibrium. The AVO is built on the principle that the high and low of a significant prior period (like the previous day or week) create a powerful area of perceived value. The Value Zone: The range between the high and low of the selected higher timeframe. Premium Territory (Distribution Zone): When the oscillator moves into the glowing pink/purple zone above +100, it is trading at a premium. Discount Territory (Accumulation Zone): When the oscillator moves into the glowing teal/blue zone below -100, it is trading at a discount. Key Features 1. Glowing Gradient Oscillator: The main oscillator line is a dynamic visual guide to momentum. The line changes color smoothly from light blue to neon teal as bullish momentum increases. It shifts from hot pink to bright purple as bearish momentum increases. Multiple transparent layers create a professional "glow" effect, making the trend easy to see at a glance. 2. Dynamic Volatility Histogram: This histogram at the bottom of the indicator is a custom volatility meter. It has been engineered to be adaptive, ensuring that the visual differences between high and low volatility are always clear and dramatic, no matter your zoom level. It uses a multi-color gradient to visualize the intensity of market volatility. 3. Volatility Regime Dashboard: This simple on-screen table analyzes the histogram and provides a clear, one-word summary of the current market state: Compressing, Stable, or Expanding. How to Use the AVO: Trading Strategies 1. Reversion Trading This is the most direct way to use the indicator. Look for Buys: When the AVO line drops into the teal "Accumulation Zone" (below -100), the price is trading at a discount. Watch for the oscillator to form a bottom and start turning up as a signal that buying pressure is returning. Look for Sells: When the AVO line moves into the pink "Distribution Zone" (above +100), the price is trading at a premium. Watch for the oscillator to form a peak and start turning down as a signal that selling pressure is increasing. 2. Best Practices & Settings Timeframe Synergy: The AVO is most effective when your chart timeframe is lower than your selected "Value Zone Source." For example, if you trade on the 1-hour chart, set your Value Zone to "Previous Day." Confirmation is Key: This indicator provides powerful context, but it should not be used in isolation. Always combine its readings with your primary analysis, such as market structure and support/resistance levels.
Pine Script® indicator
by CRYPTIK1
3
BTC Lead(v3.31)Summary A 15-minute, BTC-focused lead/divergence indicator designed for simple execution: when a ▲/▼ appears, start scaling in with small clips; when a ■ (black square) prints, it means the indicator’s edge has weakened (not that the market trend is over). Real-time expected move label and alert templates included. Do not fade the signal—if you must try the opposite side, wait until a ■ appears. How to read the signals ▲ Green → Long bias increased ▼ Pink → Short bias increased ■ Black → Edge weakened; consider taking profits/standing aside Multiple level markers on the same bar (L2/L3/L4) = stronger setup Live label (top of chart) A single line shows the Expected Move (%) with arrow and color-coded background (↑ green / ↓ pink) for instant direction clarity. Tip: Use Replay to watch label → ▲/▼ → ■ sequences on past data. Confidence filter (important) |Expected Move| < 1% → treat as noise / ignore If considering the opposite direction, wait for a ■ first (edge reduced). Scope Internal calculations are fixed to 15-minute resolution. Built for BTC 15m. It may display on other crypto symbols/timeframes, but performance is not guaranteed. Alerts Ready-made conditions: ENTRY LONG / ENTRY SHORT / EXIT LONG / EXIT SHORT. Add an alert on this indicator and choose the condition you want. Risk note For research/education only. Past behavior doesn’t guarantee future results. Predefine position sizing, stops, and profit-taking, and execute consistently.
Pine Script® indicator
by xotjr8052
cd_indiCATor_CxGeneral: This indicator is the redesigned, simplified, and feature-enhanced version of the previously shared indicators: cd_cisd_market_Cx, cd_HTF_Bias_Cx, cd_sweep&cisd_Cx, cd_SMT_Sweep_CISD_Cx, and cd_RSI_divergence_Cx. Within the holistic setup, the indicator tracks: • HTF bias • Market structure (trend) in the current timeframe • Divergence between selected pairs (SMT) • Divergence between price and RSI values • Whether the price is in an important area (FVG, iFVG, and Volume Imbalance) • Whether the price is at a key level • Whether the price is within a user-defined special timeframe The main condition and trigger of the setup is an HTF sweep with CISD confirmation on the aligned timeframe. When the main condition occurs, the indicator provides the user with a real-time market status summary, enriched with other data. ________________________________________ What’s new? -In the SMT module: • Triad SMT analysis (e.g.: NQ1!, ES1!, and YM1!) • Dyad SMT analysis (e.g.: EURUSD, GBPUSD) • Alternative pair definition and divergence analysis for non-correlated assets o For crypto assets (xxxUSDT <--> xxxUSDT.P) (e.g.: SOLUSDT.P, SOLUSDT) o For stocks, divergence analysis by comparing the asset with its value in another currency (BIST:xxx <--> BIST:xxx / EURTRY), (BAT:xxx <--> BAT:xxx / EURUSD) -Special timeframe definition -Configurable multi-option alarm center -Alternative summary presentation (check list / status table / stickers) ________________________________________ Details and usage: The user needs to configure four main sections: • Pair and correlated pairs • Timeframes (Auto / Manual) • Alarm center • Visual arrangement and selections Pair Selections: The user should adjust trading pairs according to their trade preferences. Examples: • Triad: NQ1!-ES1!-YM1!, BTC-ETH-Total3 • Dyad: NAS100-US500, XAUUSD-XAGUSD, XRPUSDT-XLMUSDT Single pairs: -Crypto Assets: If crypto assets are not in the triad or dyad list, they are automatically matched as: Perpetual <--> Spot (e.g.: DOGEUSDT.P <--> DOGEUSDT) If the asset is already defined in a dyad list (e.g., DOGE – SHIB), the dyad definition takes priority. ________________________________________ -Stocks: If stocks are defined in the dyad list (e.g.: BIST:THYAO <--> BIST:PGSUS), the dyad definition takes priority. If not defined, the stock is compared with its value in the selected currency. For example, in the Turkish Stock Exchange: BIST:FENER stock, if EUR is chosen from the menu, is compared as BIST:FENER / OANDA:EURTRY. Here, “OANDA” and the stock market currency (TRY) are automatically applied for the exchange rate. For NYSE:XOM, its pair will be NYSE:XOM / EURUSD. ________________________________________ Timeframes: By default, the menu is set to “Auto.” In this mode, aligned timeframes are automatically selected. Aligned timeframes (LTF-HTF): 1m-15m, 3m-30m, 5m-1h, 15m-4h, 1h-D, 4h-W, D-M Example: if monitoring the chart on 5m: • 1h sweep + 5m CISD confirmation • D sweep + 1h CISD confirmation (bias) • 5m market structure • 1h SMT and 1h RSI divergence analysis For manual selections, the user must define the timeframes for Sweep and HTF bias. FVG, iFVG, and Volume Imbalance timeframes must be manually set in both modes. ________________________________________ Alarm Center: The user can choose according to preferred criteria. Each row has options. “Yes” → included in alarm condition. “No” → not included in alarm condition. If special timeframe criteria are added to the alarm, the hour range must also be entered in the same row, and the “Special Zone” tab (default: -4) should be checked. Key level timeframes and plot options must be set manually. Example alarm setup: Alongside the main Sweep + CISD condition, if we also want HTF bias + Trend alignment + key level (W, D) and special timeframe (09:00–11:00), we should set up the menu as follows: ________________________________________ Visual Arrangement and Selections: Users can control visibility with checkboxes according to their preferences. In the Table & Sticker tab, table options and labels can be controlled. • Summary Table has two options: Check list and Status Table • From the HTF bias section, real-time bias and HTF sweep zone (optional) are displayed • The RSI divergence section only shows divergence analysis results • The SMT 2 sub-section only functions when triad is selected Labels are shown on the bar where the sweep + CISD condition occurs, displaying the current situation. With the Check box option, all criteria’s real-time status is shown (True/False). Status Table provides a real-time summary table. Although the menu may look crowded, most settings only need to be adjusted once during initial use. ________________________________________ What’s next? • Suggestions from users • Standard deviation projection • Mitigation/order blocks (cd special mtg) • PSP /TPD ________________________________________ Final note: Every additional criterion in the alarm settings will affect alarm frequency. Multiple conditions occurring at the same time is not, by itself, sufficient to enter a trade—you should always apply your own judgment. Looking forward to your feedback and suggestions. Happy trading! 🎉
Pine Script® indicator
by cdikici71
70
PowerDelta Oscillator [FxScripts]PowerDelta Oscillator The PowerDelta Oscillator measures real-time buying and selling pressure using the proprietary PowerDelta Algorithm. By quantifying order flow, it identifies whether the market conditions favor bullish or bearish activity, helping traders determine directional bias for both trend and countertrend setups. Calculation Methodology The PowerDelta computes the delta (difference) between buying and selling pressure by integrating both price movement and volume behavior rather than relying solely on volume or price-based approximations like other oscillators. The PowerDelta Algorithm evaluates six core price-volume conditions: Price advancing with increasing volume Price advancing with decreasing volume Price consolidating with increasing volume Price consolidating with decreasing volume Price declining with increasing volume Price declining with decreasing volume From these conditions, the algorithm derives: Accumulation vs Distribution phases Buyer/Seller exhaustion points Effort vs No Result scenarios (volume pressure failing to move price) Operational Use The PowerDelta Oscillator has three operational modes: Trend Countertrend Blended (Trend/Countertrend hybrid) Trend Mode In Trend Mode, the indicator plots an oscillator that fluctuates between positive and negative values: Positive readings indicate dominant buying pressure Negative readings indicate dominant selling pressure The magnitude of the reading reflects the intensity of the pressure Crossovers at the zero line provide directional shifts: Negative → Positive: bullish transition Positive → Negative: bearish transition Additionally: Sustained positive values indicate control by buyers, long bias is favoured Sustained negative values indicate control by sellers, short bias is favoured The magnitude of displacement from zero provides additional confirmation of market strength or weakness Countertrend Mode In Countertrend Mode, the primary use of the PowerDelta Oscillator is to locate divergences between price and the oscillator (as visualised on the chart above) which helps traders pinpoint potential reversals The oscillator is much more sensitive in this mode, making highs, lows and hence divergences, easier to spot Like Trend Mode, the magnitude of displacement from zero provides additional confirmation of market strength or weakness The various Analytical Scenarios detailed below provide detailed use cases for both Trend and Countertrend Mode Blended Mode To provide maximum flexibility, there’s also a third Blended Mode This mode combines elements of the two primary modes and can be used as part of a hybrid approach making it easier to spot both trends and reversals Alternative Source The PowerDelta algorithm utilises volume data therefore it’s best to use the most reliable source of volume data for the instrument being traded For instance, whilst XAUUSD provides excellent results with most forex brokers, slightly better results may be achieved using GC futures data which comes direct from the exchange (data package required) To use a third-party source, select 'Alternative' and input the relevant source This can also be used as a way to monitor correlated pairs by adding two instances of the PowerDelta to the same chart, selecting pair 1 e.g. EURUSD as the first instance and the correlated pair e.g. USDCHF as the second instance Thorough backtesting advised Analytical Scenarios Accumulation: High positive oscillator readings combined with upward price movement suggest active accumulation. Optimal strategy: Monitor pullbacks for potential long entries or wait for a divergence with price and potential reversal. Distribution: High negative oscillator readings with downward price movement indicate distribution. Optimal strategy: Monitor pullbacks for potential short entries or wait for a divergence with price and potential reversal. Buyer Exhaustion: Price forms higher highs while oscillator value declines. Indicates weakening buying strength and potential bearish reversal. Seller Exhaustion: Price forms lower lows while oscillator value contracts. Indicates weakening selling strength and potential bullish reversal. Effort / No Result (Buyers): Positive oscillator expansion without higher highs indicates aggressive buying without price confirmation, suggesting overbought conditions and a potential bearish reversal. Effort / No Result (Sellers): Negative oscillator expansion without lower lows indicates aggressive selling without price confirmation, suggesting oversold conditions and a potential bullish reversal. Alerts To trigger alerts when market bias transitions across the zero line: Right-click on chart → Add Alert on PowerDelta Condition: PowerDelta → Select Mode Type: Crossing Value: 0 Execution: Once Per Bar Close Adjust additional parameters as required Performance and Optimization Backtesting Results: The PowerDelta Oscillator has undergone extensive backtesting across various instruments, timeframes and market conditions, demonstrating strong performance in identifying strong trends and reversals. User backtesting is strongly encouraged as it allows traders to optimize settings for their preferred instruments and timeframes. Optimization for Diverse Markets: The PowerDelta Oscillator can be used on crypto, forex, indices, commodities and stocks. The PowerDelta Oscillator's algorithmic foundation ensures consistent performance across a variety of instruments. The Trend, Countertrend and Blended Modes make it easy for the trader to set up based on their individual trading style. Educational Resources and Support Users of the PowerDelta Oscillator benefit from comprehensive educational resources and full access to FxScripts Support. This ensures traders can maximize the potential of the PowerDelta Oscillator and other tools in the Sigma Indicator Suite by learning best practices and gaining insights from an experienced team of traders.
Pine Script® indicator
by FxScripts
Silent Trigger Silent Trigger combines widely used concepts under one scoring engine. Each module adds weight only when its conditions are met: 1. Higher-Timeframe (HTF) context • Requests 1H and the next HTF up (e.g., 4H/D) with request.security(...) on confirmed bars only. • Uses RSI(14) and a MACD line (EMA12–EMA26 difference) for bias. • By default HTF weights the score. There is an option to require HTF alignment if you prefer a hard filter. 2. Market regime • ADX for trend strength. • Bollinger Band width and a fractal-energy proxy to detect squeeze/coiling vs expansion. 3. Smart-money / Wyckoff structure • High-volume narrow bars, absorption, spring/upthrust, and liquidity grabs past recent swing highs/lows. 4. Momentum & divergences • RSI and MACD-line divergences (regular + hidden) and simple exhaustion checks. 5. Fair Value Gaps (FVG) • 3-bar gap with mid-gap revisit confirmation. 6. Volume context • Relative volume and a compact 10-bin rolling volume profile to locate HVN proximity. 7. Sessions / time filter • Optional London/NY “kill zone” participation filter. 8. Correlation (optional) • Simple BTC trend check for USD-quoted markets. Pre-Move (yellow) logic: Triggers only when the market is compressed (squeeze/low fractal energy), ADX is rising, the MACD histogram is near zero (pressure building), and there is a money-flow impulse (MFI slope and/or OBV Z-score spike). The yellow diamond is plotted on the side of the expected move: • Below for bullish reversals / Above for bullish breakouts. • Above for bearish reversals / Below for bearish breakouts. A built-in cooldown keeps yellows from spamming. ⸻ What appears on the chart • Bull diamond (green): Total score ≥ your threshold and > bear score. • Bear diamond (magenta): Mirror of the above. • Pre-move (yellow): Early heads-up; use it with HTF context and structure. All diamonds are intentionally tiny to minimize clutter. ⸻ Key settings • Signal Mode & Min Probability – tighten/loosen confirmations. • Use Higher TF in Scoring – soft weighting (default). • Require HTF Alignment – optional hard gate. • Module toggles – Smart Money, Wyckoff, FVG, Correlation, Sessions. • Pre-Move – enable, cooldown bars, MFI levels, OBV Z-score threshold. ⸻ How to use (practical) 1. Choose a TF that matches your style (5–15m intraday, 1H–4H swing). 2. Read HTF bias first; trade in that direction unless structure clearly supports a reversal. 3. Treat yellow as “get ready.” Act only when a green/magenta prints with structure (S/R, FVG, HVN) and acceptable risk. 4. Place stops beyond the liquidity level or FVG midpoint; size positions conservatively. ⸻ Repainting & HTF policy • No lookahead is used anywhere. • request.security is called on confirmed bars; the HTF MACD line is computed inside the HTF context (single series), not by indexing a tuple. • Signals are designed for bar-close confirmation. Intra-bar alerts can change until the bar closes. ⸻ Limitations (honest) • Money-flow features depend on volume quality; thin/synthetic volume reduces reliability. • Pre-moves can fail during unscheduled news shocks or when HTF trend is dominant. • This is not financial advice. You are responsible for entries, exits, and risk. ⸻ Alerts Built-in bull/bear alerts include direction and a probability bucket (Basic/Moderate/Strong/Extreme). Pre-move yellows are primarily visual; you can still set an alert on their plot condition if desired. ⸻ Why this isn’t a “mashup” • A single probability engine blends HTF bias, structure (liquidity/Wyckoff/FVG), regime, and volume into a score, rather than stacking unrelated indicators. • A pre-move detector that requires compression + rising trend energy + money-flow impulse, and places the marker on the side of the expected move, with cooldown control. • A lightweight rolling HVN check to bias continuation vs mean-reversion near key nodes. ⸻ Changelog (summary) • Current release: pre-move module, HTF hard-gate option, tiny diamonds, clarified HTF/no-repaint policy, session filter tidy-up.
Pine Script® indicator
by RickyTSpanish
CandelaCharts - Vertex Oscillator 📝 Overview The Vertex Oscillator is a proprietary momentum-based oscillator designed to detect periods of deep undervaluation (accumulation) and excessive euphoria (distribution) in markets. By combining price deviation, volume normalization, and volatility scaling, the indicator identifies extreme conditions and provides actionable signals for both traders and analysts. 📦 Features Volume-normalized momentum – integrates price deviations with relative volume weighting. Adaptive volatility scaling – reduces distortion from sudden spikes and low-volume noise. Z-score normalization – standardizes readings into intuitive zones. Accumulation & Euphoria detection – highlights market extremes with color-coded zones. Built-in alerts – instantly notify traders when critical thresholds are crossed. ⚙️ Settings Source: The input price source. Lookback: Number of bars used for deviation & volatility calculation. Smoothing: Smoothing length applied to oscillator. Colors: Customize bullish, bearish, and neutral oscillator line colors. Zones: Set shading colors for accumulation (≤ -2) and euphoria (≥ +2). Line: Choose oscillator line width and color. ⚡️ Showcase ≤ -2 (Green Zone) Market undervaluation / accumulation opportunities. ≥ +2 (Red Zone) Market euphoria / overheated conditions. 0 (Neutral Line) Balanced state. Divergences 📒 Usage The Vertex Oscillator is most effective when interpreted through its key zones, helping traders quickly spot undervaluation, euphoria, or neutral market conditions. Identify Accumulation – When the oscillator drops below -2, markets may be undervalued. Spot Euphoria – When the oscillator rises above +2, markets may be overheated. Neutral Zone – Around 0, conditions are balanced with no strong bias. Best Practice – Use alongside trend, support/resistance, or volume tools to confirm signals. 🚨 Alerts The Vertex Oscillator includes built-in alerts to help traders react instantly when the market enters extreme conditions. Instead of constantly monitoring the chart, alerts notify you in real time when accumulation or euphoria thresholds are triggered. Deep Accumulation – triggers when the oscillator crosses below -2, signaling undervaluation. Euphoria Triggered – triggers when the oscillator crosses above +2, signaling overheated conditions. ⚠️ Disclaimer These tools are exclusively available on the TradingView platform. Our charting tools are intended solely for informational and educational purposes and should not be regarded as financial, investment, or trading advice. They are not designed to predict market movements or offer specific recommendations. Users should be aware that past performance is not indicative of future results and should not rely on these tools for financial decisions. By using these charting tools, the purchaser agrees that the seller and creator hold no responsibility for any decisions made based on information provided by the tools. The purchaser assumes full responsibility and liability for any actions taken and their consequences, including potential financial losses or investment outcomes that may result from the use of these products. By purchasing, the customer acknowledges and accepts that neither the seller nor the creator is liable for any undesired outcomes stemming from the development, sale, or use of these products. Additionally, the purchaser agrees to indemnify the seller from any liability. If invited through the Friends and Family Program, the purchaser understands that any provided discount code applies only to the initial purchase of Candela's subscription. The purchaser is responsible for canceling or requesting cancellation of their subscription if they choose not to continue at the full retail price. In the event the purchaser no longer wishes to use the products, they must unsubscribe from the membership service, if applicable. We do not offer reimbursements, refunds, or chargebacks. Once these Terms are accepted at the time of purchase, no reimbursements, refunds, or chargebacks will be issued under any circumstances. By continuing to use these charting tools, the user confirms their understanding and acceptance of these Terms as outlined in this disclaimer.
Pine Script® indicator
by CandelaCharts
Moving Average Adaptive RSI [BackQuant]Moving Average Adaptive RSI What this is A momentum oscillator that reshapes classic RSI into a zero-centered column plot and makes it adaptive. It builds RSI from two parts: • A sensitivity window that scans several recent bars to capture the strongest up and down impulses. • A selectable moving average that smooths those impulses before computing RSI. The output ranges roughly from −100 to +100 with 0 as the midline, with optional extra smoothing and built-in divergence detection. How it works Impulse extraction • For each bar the script inspects the last rsi_sen bars and collects upward and downward price changes versus the current price. • It keeps the maximum upward change and maximum downward change from that window, emphasizing true bursts over single-bar noise. MA-based averaging • The up and down impulse series are averaged with your chosen MA over rsi_len bars. • Supported MA types: SMA, EMA, DEMA, WMA, HMA, SMMA (RMA), TEMA. Zero-centered RSI transform • RS = UpMA ÷ DownMA, then mapped to a symmetric scale: 100 − 200 ÷ (1 + RS) . • Above 0 implies positive momentum bias. Below 0 implies negative momentum bias. Optional extra smoothing • A second smoothing pass can be applied to the final oscillator using smoothing_len and smooth_type . Toggle with “Use Extra Smoothing”. Visual encoding • The oscillator is drawn as columns around the zero line with a gradient that intensifies toward extremes. • Static bands mark 80 to 100 and −80 to −100 for extreme conditions. Key inputs and what they change • Price Source : input series for momentum. • Calculation Period (rsi_len) : primary averaging window on up and down components. Higher = smoother, slower. • Sensitivity (rsi_sen) : how many recent bars are scanned to find max impulses. Higher = more responsive to bursts. • Calculation Type (ma_type) : MA family that shapes the core behavior. HMA or DEMA is faster, SMA or SMMA is slower. • Smoothing Type and Length : optional second pass to calm noise on the final output. • UI toggles : show or hide the oscillator, candle painting, and extreme bands. Reading the oscillator • Midline cross up (0) : momentum bias turning positive. • Midline cross down (0) : momentum bias turning negative. • Positive territory : – 0 to 40: constructive but not stretched. – 40 to 80: strong momentum, continuation more likely. – Above 80: extreme risk of mean reversion grows. • Negative territory : mirror the same levels for the downside. Divergence detection The script plots four divergence types using pivot highs and lows on both price and the oscillator. Lookbacks are set by lbL and lbR . • Regular bullish : price lower low, oscillator higher low. Possible downside exhaustion. • Hidden bullish : price higher low, oscillator lower low. Bias to trend continuation up. • Regular bearish : price higher high, oscillator lower high. Possible upside exhaustion. • Hidden bearish : price lower high, oscillator higher high. Bias to trend continuation down. Labels: ℝ for regular, ℍ for hidden. Green for bullish, red for bearish. Candle coloring • Optional bar painting: green when the oscillator is above 0, red when below 0. This is for visual scanning only. Strengths • Adaptive sensitivity via a rolling impulse window that responds to genuine bursts. • Configurable MA core so you can match responsiveness to the instrument. • Zero-centered scale for simple regime reads with 0 as a clear bias line. • Built-in regular and hidden divergence mapping. • Flexible across symbols and timeframes once tuned. Limitations and cautions • Trends can remain extended. Treat extremes as context rather than automatic reversal signals. • Divergence quality depends on pivot lookbacks. Short lookbacks give more signals with more noise. Long lookbacks reduce noise but add lag. • Double smoothing can delay zero-line transitions. Balance smoothness and timeliness. Practical usage ideas • Regime filter : only take long setups from your separate method when the oscillator is above 0, shorts when below 0. • Pullback confirmation : in uptrends, look for dips that hold above 0 or turn up from 0 to 40. Reverse for downtrends. • Divergence as a heads-up : wait for a zero-line cross or a price trigger before acting on divergence. • Sensitivity tuning : start with rsi_sen 2 to 5 on faster timeframes, increase slightly on slower charts. Alerts • MA-A RSI Long : oscillator crosses above 0. • MA-A RSI Short : oscillator crosses below 0. Use these as bias or timing aids, not standalone trade commands. Settings quick reference • Calculation : Price Source, Calculation Type, Calculation Period, Sensitivity. • Smoothing : Smoothing Type, Smoothing Length, Use Extra Smoothing. • UI : Show Oscillator, Paint Candles, Show Static High and Low Levels. • Divergences : Pivot Lookback Left and Right, Div Signal Length, Show Detected Divergences. Final thoughts This tool reframes RSI by extracting strong short-term impulses and averaging them with a moving-average model of your choice, then presenting a zero-centered output for clear regime reads. Pair it with your structure, risk and execution process, and tune sensitivity and smoothing to the market you trade.
Pine Script® indicator
by BackQuant
cd_RSI_Divergence_CxGeneral: The Relative Strength Index (RSI) is a momentum oscillator widely used by traders in price analysis. In addition to showing overbought/oversold zones, divergences between RSI and price are also tracked to identify trading opportunities. The general consensus is that oscillators alone are not sufficient for entries and should be evaluated together with multiple confirmations. This oscillator is designed as an additional confirmation/compatible tool for strategies that already use higher time frame (HTF) sweeps and lower time frame (LTF) confirmations such as Change in State Delivery (CISD) or Change of Character (CHOCH). Features: While RSI oscillators are commonly displayed in line format (classic), this indicator also offers candlestick-style visualization. Depending on the selected source, period length, and EMA length, RSI can be displayed as lines and/or candlesticks. Divergence detection & tracking: Price and RSI values are monitored on the chosen higher time frame (from the menu) to determine highs and lows. For divergence display, the user can choose between two modes: 1- Alignment with HTF Sweep 2- All 1 - Alignment with HTF Sweep: First, the price must sweep the previous high/low of the candle on the HTF (i.e., break it) but fail to continue in that direction and return inside (sweep). If this condition is met, RSI values are checked: If price makes a high sweep but RSI fails to make a new high → divergence is confirmed. If price makes a low sweep but RSI fails to make a new low → divergence is confirmed. Divergence is then displayed on the chart. 2 - All: In this mode, sweep conditions are ignored. Divergence is confirmed if: Price makes a new high on HTF but RSI does not. RSI makes a new high on HTF but price does not. Price makes a new low on HTF but RSI does not. RSI makes a new low on HTF but price does not. Menu & Settings: RSI visualization (source + period length + EMA period length) Option to choose classic/candlestick style display Color customization Higher time frame selection Adjustable HTF boxes and table display Final notes: This oscillator is designed as an additional confirmation tool for strategies based on HTF sweep + LTF CISD/CHOCH confirmation logic. The chosen HTF in the oscillator should match the time frame where sweeps are expected. Divergence signals from this oscillator alone will not make you profitable. For spot trades, monitoring sweeps and divergences on higher time frames is more suitable (e.g., Daily–H1 / Weekly–H4). My personal usage preferences: Entry TF: 3m HTF bias: Daily + H1 Sweep + CISD: 30m / 3m Market Structure: 3m RSI divergence: HTF = 30m If all of them align bullish or bearish ( timeframe alignment ), I try to take the trade. I’d be glad to hear your feedback and suggestions for improvement. Happy trading!
Pine Script® indicator
by cdikici71
8
Dynamic Value Zone Oscillator (DVZO) - @CRYPTIK1Dynamic Value Zone Oscillator (DVZO) @CRYPTIK1 Introduction: What is the DVZO? The Dynamic Value Zone Oscillator (DVZO) is a powerful momentum indicator that reframes the classic "overbought" and "oversold" concept. Instead of relying on a fixed lookback period like a standard RSI or Stochastics, the DVZO measures the current price relative to a significant, higher-timeframe Value Zone (e.g., the previous week's entire price range). This gives you a more contextual and structural understanding of price. The core question it answers is not just "Is the price moving up or down quickly?" but rather, "Where is the current price in relation to its recently established area of value?" This allows traders to identify true "premium" (overbought) and "discount" (oversold) levels with greater accuracy, leading to higher-probability reversal and trend-following signals. The Core Concept: Price vs. Value The market is constantly trying to find equilibrium or "fair value." The DVZO is built on the principle that the high and low of a significant prior period (like the previous day, week, or month) create a powerful area of perceived value. The Value Zone: The range between the high and low of the selected higher timeframe. The midpoint of this zone is the equilibrium (0 line on the oscillator). Premium Territory (Distribution Zone): When price breaks above the Value Zone High (+100 line), it is trading at a premium. This is an area where sellers are more likely to become active and buyers may be over-extending. Discount Territory (Accumulation Zone): When price breaks below the Value Zone Low (-100 line), it is trading at a discount. This is an area where buyers are more likely to see value and sellers may be exhausted. By anchoring its analysis to these significant structural levels, the DVZO filters out much of the noise from lower-timeframe price fluctuations. Key Features The Oscillator: The main blue line visualizes exactly where the current price is within the context of the Value Zone. +100: The high of the Value Zone. 0: The midpoint/equilibrium of the Value Zone. -100: The low of the Value Zone. Automatic Divergence Detection: The DVZO automatically identifies and plots bullish and bearish divergences on both the price chart and the oscillator itself. Bullish Divergence: Price makes a new low, but the DVZO makes a higher low. This is a strong signal that downside momentum is fading and a reversal to the upside is likely. Bearish Divergence: Price makes a new high, but the DVZO makes a lower high. This indicates that upside momentum is waning and a pullback is probable. Value Migration Histogram: The purple histogram in the background visualizes the width of the Value Zone. Expanding Histogram: Volatility is increasing, and the accepted value range is getting wider. Contracting Histogram: Volatility is decreasing, and the price is coiling in a tight range, often in anticipation of a major breakout. How to Use the DVZO: Trading Strategies 1. Reversion Trading This is the most direct way to use the indicator. Look for Buys: When the DVZO line drops below -100, the price is in the "Accumulation Zone." Wait for the price to show signs of strength (e.g., a bullish candle pattern) and the DVZO line to start turning back up towards the -100 level. This is a high-probability mean reversion setup. Look for Sells: When the DVZO line moves above +100, the price is in the "Distribution Zone." Look for signs of weakness (e.g., a bearish engulfing candle) and the DVZO line to start turning back down towards the +100 level. 2. Divergence Trading Divergences are powerful confirmation signals. Entry Signal: When a Bullish Divergence appears, it provides a strong entry signal for a long position, especially if it occurs within the Accumulation Zone (below -100). Exit/Short Signal: When a Bearish Divergence appears, it can serve as a signal to take profit on long positions or to look for a short entry, especially if it occurs in the Distribution Zone (above +100). 3. Best Practices & Settings Timeframe Synergy: The DVZO is most effective when your chart timeframe is lower than your selected Value Zone Source. For Day Trading (e.g., 1H, 4H chart): Use the "Previous Day" Value Zone. For Swing Trading (e.g., 1D, 12H chart): Use the "Previous Week" or "Previous Month" Value Zone. Confirmation is Key: The DVZO is a powerful tool, but it should not be used in isolation. Always combine its signals with other forms of analysis, such as market structure, support/resistance levels, and candlestick patterns, for confirmation.
Pine Script® indicator
by CRYPTIK1
SMT for Time-Based Sessions [ufo]SMT for Time-Based Sessions identifies when one asset breaks a session’s high/low while another correlated asset fails to do so. This imbalance often signals engineered liquidity grabs, reversals, or continuation setups. By focusing on divergences within specific trading sessions (London, New York AM, Lunch, New York PM, Asia, Daily or your own custom windows), the tool filters out noise and pinpoints only the most meaningful SMT divergences across multiple symbols in real-time. Core Concept: SMT (Smart Money Technique/Tool/Time) is a concept popularized by Inner Circle Trader (ICT) that suggests that when correlated or inversely correlated instruments fail to confirm each other's price movements (e.g., one breaks a high/low while the other doesn’t), it often indicates: Liquidity manipulation by institutional players Potential reversal points in the market Weakness or strength in the current trend Stop hunt operations before significant moves This indicator identifies these divergences by comparing your chart symbol against up to two comparison symbols across different sessions and timeframes. How Time-Based SMT Works: Unlike basic divergence tools, this indicator is built specifically for Session-Based and Timeframe-Based SMT tracking. It continuously monitors intraday sessions and higher timeframes, then plots divergences the moment they occur. Time-Based Session SMT Session Tracking: Monitors highs and lows during each session Post-Session Analysis: After a session ends, tracks whether price breaks session levels Divergence Detection: When the main symbol breaks a high/low but comparison symbols don’t (or vice versa), an SMT signal is triggered (e.g. Nasdaq traded above London high while S&P500 does not) Visual Confirmation: Lines connect the session reference to the current extreme, with labels showing the diverging session, high/low, and symbol, this information is also displayed in the Info Panel This will update if a new high/low extreme is made while the SMT is still valid, if invalidated these will be removed from the chart Example: This NQ chart includes ES and YM as comparison symbols. At 03:20 AM New York time, both ES and YM broke the Asia session low (20:00 – 00:00), while NQ did not. This creates a bullish session divergence , which the indicator immediately detects and plots. Although the chart shows three symbols for illustration, you don’t need to manually monitor comparison charts when using this indicator, the SMT divergence will be plotted automatically as soon as it occurs Consecutive Candle SMT (CC SMT) Previous Candle Reference: Uses the previous candle's high/low from the selected timeframe Real-Time Comparison: Monitors if current price breaks these levels across all symbols Instant Detection: Triggers SMT immediately when divergence occurs Dynamic Updates: Lines and labels update in real-time as new extremes form and are automatically removed if invalidated Example: Here I configured CC SMT Timeframe 1 to monitor the previous 4-hour candle’s high/low. On this NQ chart with ES as a comparison symbol, ES broke above the prior 4-hour high at 14:00 New York time, while NQ did not, showing relative weakness creating a bearish CC SMT divergence This chart is just an illustration. The indicator will automatically plot SMT divergences on your main chart, regardless of the timeframe you’re viewing How To Use: This indicator is not a buy/sell signal on its own. Instead, it is designed to highlight Time-Based SMT divergences so you can combine them with your existing trading strategy or model. It should be used as an extra layer of confluence, helping you confirm trade ideas. Select your comparison symbols For example: Futures: NQ vs ES/YM Forex: EURUSD vs GBPUSD/DXY(inversely) Crypto: BTC vs ETH Commodities: Gold vs Silver Choose which sessions or candle timeframes you want the indicator to monitor Watch for divergences the indicator plots when one symbol breaks a high/low while the other does not Use these divergences as confluence, alongside your own strategy and risk management rules Key Features: Multiple Comparison Symbols Symbol 1 & Symbol 2: Compare your main chart against up to 2 correlated instruments Symbol Inversion: Perfect for inversely correlated pairs (e.g., EURUSD vs DXY) Session-Based SMT Tracking Monitors 7 fully customizable trading sessions with the default being: London Session (2:00-5:00 NY time) NY AM Session (9:30-12:00 NY time) Lunch Session (12:00-13:00 NY time) NY PM Session (13:00-16:00 NY time) Asia Session (20:00-00:00 NY time) Custom Session 6 (if you want to add an extra session) Daily Session (18:00-18:00 NY time) Fully customizable session times and names Automatically detects when the main symbol breaks a session high/low while comparison symbols don't (and vice versa) Consecutive Candle SMT (CC SMT) Monitors 3 customizable timeframes Tracking of divergences based on specific timeframe candles (15min, 60min, 4 hour, weekly, etc.) Identifies when the current price breaks the previous candle's high/low differently than comparison symbols Maintains history of past SMTs (configurable) Timeframe 3 supports custom time shifts for non-standard candle boundaries Example: 90min timeframe with a +60 shift changes the candle range from: 00:00-01:30, 01:30-03:00 etc to: 01:00-02:30, 02:30-04:00 etc Visual Customization Line Styles: Customize the line styles for different symbols Colors: Unique color schemes for instant session identification Adjustable Offsets: Fine-tune label positions with multiplier settings Show/Hide Controls: Complete control over visual elements Custom Labels: Customize the SMT labels for highs and lows Information Panel Active SMT Conditions: Live tracking of all current divergences Session Names: Clear identification of which session created the SMT Symbol Information: Shows which comparison symbol is diverging Timestamps: Optional time display showing when SMT was first detected Flexible Positioning: 8 different panel positions Smart Display Modes: Options to hide inactive sessions/timeframes Alert System Configurable alerts for specific sessions or timeframes Get notified when new divergences appear instantly Clear, informative alert descriptions How To Setup Alerts: Enable the "Enable Alerts" in the settings Choose which sessions/timeframes to receive alerts for by choosing it in the setting below (If you select "All Sessions" you will only be alerted for all the sessions you have enabled in the indicator settings) Create an alert (ALT+A shortcut) or click the the 3 dots on the indicator "Add alert on Session SMT " - Condition = Session SMT - Function = Any alert() function call - Alert name (Message) = Anything you prefer (e.g. SMT Alert) If you want to create another alert for different settings, first input the new settings in the indicator, then create a new alert. Note: Previous alerts will continue to notify you based on the settings they were originally set for, even if you change the indicator setting. How This Helps Your Trading: This tool automates the heavy lifting of tracking divergences across multiple markets and sessions, continuously monitoring highs and lows in real time and plotting only the most meaningful SMT signals so you can focus on execution, not chart-watching.
Pine Script® indicator
by Ufonose
4