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Auto-Length Moving Average + Trend Signals (Zeiierman)█ Overview The Auto-Length Moving Average + Trend Signals (Zeiierman) is an easy-to-use indicator designed to help traders dynamically adjust their moving average length based on market conditions. This tool adapts in real-time, expanding and contracting the moving average based on trend strength and momentum shifts. The indicator smooths out price fluctuations by modifying its length while ensuring responsiveness to new trends. In addition to its adaptive length algorithm, it incorporates trend confirmation signals, helping traders identify potential trend reversals and continuations with greater confidence. This indicator suits scalpers, swing traders, and trend-following investors who want a self-adjusting moving average that adapts to volatility, momentum, and price action dynamics. █ How It Works ⚪ Dynamic Moving Average Length The core feature of this indicator is its ability to automatically adjust the length of the moving average based on trend persistence and market conditions: Expands in strong trends to reduce noise. Contracts in choppy or reversing markets for faster reaction. This allows for a more accurate moving average that aligns with current price dynamics. ⚪ Trend Confirmation & Signals The indicator includes built-in trend detection logic, classifying trends based on market structure. It evaluates trend strength based on consecutive bars and smooths out transitions between bullish, bearish, and neutral conditions. Uptrend: Price is persistently above the adjusted moving average. Downtrend: Price remains below the adjusted moving average. Neutral: Price fluctuates around the moving average, indicating possible consolidation. ⚪ Adaptive Trend Smoothing A smoothing factor is applied to enhance trend readability while minimizing excessive lag. This balances reactivity with stability, making it easier to follow longer-term trends while avoiding false signals. █ How to Use ⚪ Trend Identification Bullish Trend: The indicator confirms an uptrend when the price consistently stays above the dynamically adjusted moving average. Bearish Trend: A downtrend is recognized when the price remains below the moving average. ⚪ Trade Entry & Exit Enter long when the dynamic moving average is green and a trend signal occurs. Exit when the price crosses below the dynamic moving average. Enter short when the dynamic moving average is red and a trend signal occurs. Exit when the price crosses above the dynamic moving average. █ Slope-Based Reset This mode resets the trend counter when the moving average slope changes direction. ⚪ Interpretation & Insights Best for trend-following traders who want to filter out noise and only reset when a clear shift in momentum occurs. Higher slope length (N): More stable trends, fewer resets. Lower slope length (N): More reactive to small price swings, frequent resets. Useful in swing trading to track significant trend reversals. █ RSI-Based Reset The counter resets when the Relative Strength Index (RSI) crosses predefined overbought or oversold levels. ⚪ Interpretation & Insights Best for reversal traders who look for extreme overbought/oversold conditions. High RSI threshold (e.g., 80/20): Fewer resets, only extreme conditions trigger adjustments. Lower RSI threshold (e.g., 60/40): More frequent resets, detecting smaller corrections. Great for detecting exhaustion in trends before potential reversals. █ Volume-Based Reset A reset occurs when current volume significantly exceeds its moving average, signaling a shift in market participation. ⚪ Interpretation & Insights Best for traders who follow institutional activity (high volume often means large players are active). Higher volume SMA length: More stable trends, only resets on massive volume spikes. Lower volume SMA length: More reactive to short-term volume shifts. Useful in identifying breakout conditions and trend acceleration points. █ Bollinger Band-Based Reset A reset occurs when price closes above the upper Bollinger Band or below the lower Bollinger Band, signaling potential overextension. ⚪ Interpretation & Insights Best for traders looking for volatility-based trend shifts. Higher Bollinger Band multiplier (k = 2.5+): Captures only major price extremes. Lower Bollinger Band multiplier (k = 1.5): Resets on moderate volatility changes. Useful for detecting overextensions in strong trends before potential retracements. █ MACD-Based Reset A reset occurs when the MACD line crosses the signal line, indicating a momentum shift. ⚪ Interpretation & Insights Best for momentum traders looking for trend continuation vs. exhaustion signals. Longer MACD lengths (260, 120, 90): Captures major trend shifts. Shorter MACD lengths (10, 5, 3): Reacts quickly to momentum changes. Useful for detecting strong divergences and market shifts. █ Stochastic-Based Reset A reset occurs when Stochastic %K crosses overbought or oversold levels. ⚪ Interpretation & Insights Best for short-term traders looking for fast momentum shifts. Longer Stochastic length: Filters out false signals. Shorter Stochastic length: Captures quick intraday shifts. █ CCI-Based Reset A reset occurs when the Commodity Channel Index (CCI) crosses predefined overbought or oversold levels. The CCI measures the price deviation from its statistical mean, making it a useful tool for detecting overextensions in price action. ⚪ Interpretation & Insights Best for cycle traders who aim to identify overextended price deviations in trending or ranging markets. Higher CCI threshold (e.g., ±200): Detects extreme overbought/oversold conditions before reversals. Lower CCI threshold (e.g., ±10): More sensitive to trend shifts, useful for early signal detection. Ideal for detecting momentum shifts before price reverts to its mean or continues trending strongly. █ Momentum-Based Reset A reset occurs when Momentum (Rate of Change) crosses zero, indicating a potential shift in price direction. ⚪ Interpretation & Insights Best for trend-following traders who want to track acceleration vs. deceleration. Higher momentum length: Captures longer-term shifts. Lower momentum length: More responsive to short-term trend changes. █ How to Interpret the Trend Strength Table The Trend Strength Table provides valuable insights into the current market conditions by tracking how the dynamic moving average is adjusting based on trend persistence. Each metric in the table plays a role in understanding the strength, longevity, and stability of a trend. ⚪ Counter Value Represents the current length of trend persistence before a reset occurs. The higher the counter, the longer the current trend has been in place without resetting. When this value reaches the Counter Break Threshold, the moving average resets and contracts to become more reactive. Example: A low counter value (e.g., 10) suggests a recent trend reset, meaning the market might be changing directions frequently. A high counter value (e.g., 495) means the trend has been ongoing for a long time, indicating strong trend persistence. ⚪ Trend Strength Measures how strong the current trend is based on the trend confirmation logic. Higher values indicate stronger trends, while lower values suggest weaker trends or consolidations. This value is dynamic and updates based on price action. Example: Trend Strength of 760 → Indicates a high-confidence trend. Trend Strength of 50 → Suggests weak price action, possibly a choppy market. ⚪ Highest Trend Score Tracks the strongest trend score recorded during the session. Helps traders identify the most dominant trend observed in the timeframe. This metric is useful for analyzing historical trend strength and comparing it with current conditions. Example: Highest Trend Score = 760 → Suggests that at some point, there was a strong trend in play. If the current trend strength is much lower than this value, it could indicate trend exhaustion. ⚪ Average Trend Score This is a rolling average of trend strength across the session. Provides a bigger picture of how the trend strength fluctuates over time. If the average trend score is high, the market has had persistent trends. If it's low, the market may have been choppy or sideways. Example: Average Trend Score of 147 vs. Current Trend Strength of 760 → Indicates that the current trend is significantly stronger than the historical average, meaning a breakout might be occurring. Average Trend Score of 700+ → Suggests a strong trending market overall. █ Settings ⚪ Dynamic MA Controls Base MA Length – Sets the starting length of the moving average before dynamic adjustments. Max Dynamic Length – Defines the upper limit for how much the moving average can expand. Trend Confirmation Length – The number of bars required to validate an uptrend or downtrend. ⚪ Reset & Adaptive Conditions Reset Condition Type – Choose what triggers the moving average reset (Slope, RSI, Volume, MACD, etc.). Trend Smoothing Factor – Adjusts how smoothly the moving average responds to price changes. ----------------- Disclaimer The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Pine Script™ indicator
by Zeiierman
34
Volume Zones Internal Visualizer [LuxAlgo]The Volume Zones Internal Visualizer is an alternate candle type intended to reveal lower timeframe volume activity while on a higher timeframe chart. It displays the candle's range, the highest and lowest zones of accumulated volume throughout the candle, and the Lower Timeframe (LTF) candle close, which contained the most volume in the session (Candle Session). 🔶 USAGE The indicator is intended to be used as its own independent candle type. It is not a replacement for traditional candlesticks; however, it is recommended that you hide the chart's display when using this indicator. Another option is to display this indicator in an additional pane alongside the normal chart, as displayed above. The display consists of candle ranges represented by outlined boxes, within the ranges you will notice a transparent-colored zone, a solid-colored zone, and a line. Each of these displays different points of volume-related information from an analysis of LTF data. In addition to this analysis, the indicator also locates the LTF candle with the highest volume, and displays its close represented by the line. This line is considered as the "Peak Activity Level" (PAL), since throughout the (HTF) candle session, this candle's close is the outcome of the most volume transacted at the time. We are further tracking these PALs by continuing to extend them into the future, looking towards them for potential further interaction. Once a PAL is crossed, we are removing it from display as it has been mitigated. 🔶 DETAILS The indicator aggregates the volume data from each LTF candle and creates a volume profile from it; the number of rows in the profile is determined by the "Row Size" setting. With this profile, it locates and displays the highest (solid area) and lowest (transparent area) volume zones from the profile created. 🔶 SETTINGS Row Size: Sets the number of rows used for the calculation of the volume profile based on LTF data. Intrabar Timeframe: Sets the Lower Timeframe to use for calculations. Show Last Unmitigated PALs: Choose how many Unmitigated PALs to extend. Style: Toggle on and off features, as well as adjust colors for each.
Pine Script™ indicator
by LuxAlgo
4
Adaptive Resonance Oscillator [AlgoAlpha]Introducing the Adaptive Resonance Oscillator , an advanced momentum-based oscillator designed to dynamically adjust to changing market conditions. This innovative indicator detects market frequency through a Hilbert Transform approach, adapting in real-time to identify overbought and oversold conditions with improved accuracy. With built-in divergence detection, trend analysis, and customizable smoothing, this tool is perfect for traders looking to refine their entries and exits based on adaptive oscillation mechanics. 🚀 Key Features : 🔹 Adaptive Frequency Detection – Uses Hilbert Transform principles to dynamically determine market cycle length for precise oscillator calculation. ⚙️ Customizable Smoothing – Option to apply a Hull Moving Average (HMA) for enhanced signal clarity. 📈 Divergence Detection – Identifies bullish and bearish divergences with visual markers, helping traders spot early trend reversals. 🟢 Overbought & Oversold Signals – Highlights extreme momentum conditions with adjustable thresholds. 🔔 Real-Time Alerts – Get notified for crossovers, divergences, and strong trend shifts directly on your TradingView chart. 🎨 Fully Customizable Appearance – Modify colors, divergence sensitivity, and smoothing options to fit your trading style. 🛠 How to Use : Add the Adaptive Resonance Oscillator to your TradingView chart by clicking the ★ to favorite it. Monitor the Charts , switch between smoothed and I smoothed modes to identify trend and price swings, use divergences and reversal signals for potential entry/exits. Set alerts for bullish/bearish crossovers and divergence signals to stay ahead of market moves. ⚙ How It Works : The indicator begins by applying a Hilbert Transform frequency estimation to the price series, identifying the dominant market cycle length. This is used to calculate a period for the RSI that matches its resonant frequency with the dominant market frequency, dynamically adjusting the Oscillator. The oscillator then applies an optional Hull Moving Average (HMA) smoothing for signal refinement. Additionally, the indicator scans for bullish and bearish divergences by comparing oscillator movements against price action, plotting signals accordingly. When overbought/oversold conditions or divergence events occur, alerts are triggered to notify the trader in real time.
Pine Script™ indicator
by AlgoAlpha
1
Support and Resistance all in one The Support and Resistance Indicator (v4) is designed to identify and track key price levels in financial markets. Here's how it works: Core Functionality Level Detection Uses pivot points to identify significant price levels Looks for swing highs (resistance) and swing lows (support) Requires price action to pivot over a specified period (default 10 bars) Dynamic Level Management Maintains separate arrays for support and resistance levels Limits maximum displayed levels (default 10) to prevent chart clutter Removes oldest levels when maximum is reached Ensures new levels are sufficiently distant from existing ones (minimum 1% separation) Touch Detection System Monitors price interaction with established levels Counts when price comes within 0.1% of any level Updates touch count and strength classification Categories: "New" (1 touch), "Moderate" (2 touches), "Strong" (3+ touches) Visual Representation Draws horizontal lines at each level Updates line width based on strength (thicker for stronger levels) Shows labels with price and strength information Color coding: Red (new/moderate levels), Green (strong levels) Displays triangles (▼▲) at pivot points Trading Applications Support/Resistance Trading Strong levels (3+ touches) suggest reliable trading zones More touches indicate higher probability reversal points Use for stop loss and target placement Breakout Trading Monitor breaks of strong levels Higher touch count suggests more significant breakouts Watch for false breakouts at weaker levels Risk Management Place stops beyond strong levels Use level strength to adjust position size Consider multiple timeframe analysis Best Practices Use with other indicators for confirmation Consider market context and trend Monitor level strength development Don't rely solely on touch count Watch for price reaction at levels Customization Options Adjust pivot length for different timeframes Modify minimum distance between levels Change required touches for "Strong" classification Toggle strength labels display Choose line style (Solid/Dashed/Dotted) This indicator helps identify key price levels where market participants have shown interest, making it valuable for trade planning and risk management
Pine Script™ indicator
by AnmolMaheshwari
4
Median Deviation Bands | QuantumResearchIntroducing QuantumResearch’s Median Deviation Bands Indicator The Median Deviation Bands indicator is an advanced volatility-based tool designed to help traders identify price trends, market reversals, and potential trading opportunities. By using a percentile-based median baseline combined with standard deviation bands, this indicator provides a dynamic framework for analyzing price movements and assessing market volatility. How It Works Baseline Calculation: The median price over a user-defined period (default: 50) is calculated using the 50th percentile of price data. This serves as the central reference point for trend analysis. Trend Identification: Bullish Trend: Occurs when the price crosses above the baseline. Bearish Trend: Occurs when the price crosses below the baseline. Deviation Bands: The indicator plots three sets of upper and lower bands, representing 1x, 2x, and 3x standard deviations from the median. These bands act as dynamic support and resistance zones, helping traders identify overbought and oversold conditions. Visual Representation The Median Deviation Bands indicator offers a clear, customizable visual layout: Color-Coded Baseline: Green (Bullish): Price is above the median. Red (Bearish): Price is below the median. Deviation Bands: First Band (Light Fill): Represents 1 standard deviation from the baseline. Second Band (Medium Fill): Represents 2 standard deviations, highlighting stronger trends. Third Band (Dark Fill): Represents 3 standard deviations, showing extreme price conditions. Trend Markers: Green Up Arrows: Indicate the start of a bullish trend when price crosses above the baseline. Red Down Arrows: Indicate the start of a bearish trend when price crosses below the baseline. Customization & Parameters The Median Deviation Bands indicator includes multiple user-configurable settings to adapt to different trading strategies: Baseline Length: Default set to 50, determines the lookback period for median calculation. Source Price: Selectable input price for calculations (default: close). Band Visibility: Traders can toggle individual deviation bands on or off to match their preferences. Trend Markers: Option to enable or disable up/down trend arrows. Color Modes: Choose from eight color schemes to customize the indicator’s appearance. Trading Applications This indicator is highly versatile and can be applied to multiple trading strategies, including: Volatility-Based Trading: Price movement within and outside the bands helps traders gauge volatility and market conditions. Trend Following: The baseline and deviation bands help confirm ongoing trends. Mean Reversion Strategies: Traders can look for price reactions at extreme bands (±3 standard deviations). Final Note QuantumResearch’s Median Deviation Bands indicator provides a unique approach to market analysis by integrating percentile-based median price levels with standard deviation-based volatility bands. This combination helps traders understand price behavior in relation to historical volatility, making it a valuable tool for both trend-following and mean-reversion strategies. As always, backtesting and customization are recommended to optimize performance across different market conditions.
Pine Script™ indicator
by QuantumResearch
Uptrick: FRAMA Matrix RSIUptrick: FRAMA Matrix RSI Introduction The Uptrick: FRAMA Matrix RSI is a momentum-based indicator that integrates the Relative Strength Index (RSI) with the Fractal Adaptive Moving Average (FRAMA). By applying FRAMA's adaptive smoothing to RSI—and further refining it with a Zero-Lag Moving Average (ZLMA)—this script creates a refined and reliable momentum oscillator. The indicator now includes enhanced divergence detection, potential reversal signals, customizable buy/sell signal options, an internal stats table, and a fully customizable bar coloring system for an enhanced visual trading experience. Why Combine RSI with FRAMA Traditional RSI is a well-known momentum indicator but has several limitations. It is highly sensitive to price fluctuations, often generating false signals in choppy or volatile markets. FRAMA, in contrast, adapts dynamically to price changes by adjusting its smoothing factor based on market conditions. By integrating FRAMA into RSI calculations, this indicator reduces noise while preserving RSI's ability to track momentum, adapts to volatility by reducing lag in trending markets and smoothing out choppiness in ranging conditions, enhances trend-following capability for more reliable momentum shifts, and refines overbought and oversold signals by adjusting to the current market structure. With the new enhancements, such as a manual alpha input, noise filtering, divergence detection, and multiple buy/sell signal options, the indicator offers even greater flexibility and precision for traders. This combination improves the standard RSI by making it more adaptive and responsive to market changes. Originality This indicator is unique because it applies FRAMA's adaptive smoothing technique to RSI, creating a dynamic momentum oscillator that adjusts to different market conditions. Many traditional RSI-based indicators either use fixed smoothing methods like exponential moving averages or employ basic RSI calculations without adjusting for volatility. This script stands out by integrating several elements, including the fractal dimension-based smoothing of FRAMA to reduce noise while retaining responsiveness, the use of Zero-Lag Moving Average smoothing to enhance trend sensitivity and reduce lag, divergence detection to highlight mismatches between price action and RSI momentum, a noise filter and manual alpha option to prevent minor fluctuations from generating false signals, customizable buy/sell signal options that let traders choose between ZLMA-based or FRAMA RSI-based signals, an internal stats table displaying real-time FRAMA calculations such as fractal dimension and the adaptive alpha factor, and a fully customizable bar coloring system to visually distinguish bullish, bearish, and neutral conditions. Features Adaptive FRAMA RSI The indicator applies FRAMA to RSI values, making the momentum oscillator adaptive to volatility while filtering out noise. Unlike a traditional RSI that reacts equally to all price movements, FRAMA RSI adjusts its smoothing factor based on market structure, making it more effective for identifying true momentum shifts. Zero-Lag Moving Average (ZLMA) A smoothing technique that minimizes lag while preserving the responsiveness of price movements. It is applied to the FRAMA RSI to further refine signals and ensure smoother trend detection. Bullish and Bearish Threshold Crossovers This system compares FRAMA RSI to a user-defined threshold (default is 50). When FRAMA RSI moves above the threshold, it indicates bullish momentum, while movement below signals bearish conditions. The enhanced noise filter ensures that only significant moves trigger signals. Noise Filter and Manual Alpha A new noise filter input prevents tiny fluctuations from triggering false signals. In addition, a manual alpha option allows traders to override the automatically computed smoothing factor with a custom value, providing extra control over the indicator’s sensitivity. Divergence Detection The indicator identifies divergence patterns by comparing FRAMA RSI pivots to price action. Bullish divergence occurs when price makes a lower low while FRAMA RSI makes a higher low, and bearish divergence occurs when price makes a higher high while FRAMA RSI makes a lower high. These signals can help traders anticipate potential reversals. Reversal Signals Labels appear on the chart when FRAMA RSI confirms classic RSI overbought (70) or oversold (30) conditions, providing visual cues for potential trend reversals. Buy and Sell Signal Options Traders can now choose between two signal-generation methods. ZLMA-based signals trigger when the ZLMA of FRAMA RSI crosses key overbought (70) or oversold (30) levels, while FRAMA RSI-based signals trigger when FRAMA RSI itself crosses these levels. This added flexibility allows users to tailor the indicator to their preferred trading style. ZLMA: FRAMA: Customizable Alerts Alerts notify traders when FRAMA RSI crosses key levels, divergence signals occur, reversal conditions are met, or buy/sell signals trigger. This ensures that important trading events are not missed. Fully Customizable Bar Coloring System Users can color bars based on different conditions, enhancing visual clarity. Bar coloring modes include: FRAMA RSI threshold (bars change color based on whether FRAMA RSI is above or below the threshold), ZLMA crossover (bars change when ZLMA crosses overbought or oversold levels), buy/sell signals (bars change when official signals trigger), divergence (bars highlight when bullish or bearish divergence is detected), and reversals (bars indicate when RSI reaches overbought or oversold conditions confirmed by FRAMA RSI). The system also remembers the last applied bar color, ensuring a smooth visual transition. Input Parameters and Features Core Inputs RSI Length (default: 14) defines the period for RSI calculations. FRAMA Lookback (default: 16) determines the length for the FRAMA smoothing function. RSI Bull Threshold (default: 50) sets the level above which the market is considered bullish and below which it is bearish. Noise Filter (default: 1.0) ensures that small fluctuations do not trigger false bullish or bearish signals. Additional Features Show Bull and Bear Alerts (default: true) enables notifications when FRAMA RSI crosses the threshold. Enable Divergence Detection (default: false) highlights bullish and bearish divergences based on price and FRAMA RSI pivots. Show Potential Reversal Signals (default: false) identifies overbought (70) and oversold (30) levels as possible trend reversal points. Buy and Sell Signal Option (default: ZLMA) allows traders to choose between ZLMA-based signals or FRAMA RSI-based signals for trade entry. ZLMA Enhancements ZLMA Length (default: 14) determines the period for the Zero-Lag Moving Average applied to FRAMA RSI. Visualization Options Show Internal Stats Table (default: false) displays real-time FRAMA calculations, including fractal dimension and the adaptive alpha smoothing factor. Show Threshold FRAMA Signals (default: false) plots buy and sell labels when FRAMA RSI crosses the threshold level. How It Works FRAMA Calculation FRAMA dynamically adjusts smoothing based on the price fractal dimension. The alpha smoothing factor is derived from the fractal dimension or can be set manually to maintain responsiveness. RSI with FRAMA Smoothing RSI is calculated using the user-defined lookback period. FRAMA is then applied to the RSI to make it more adaptive to volatility. Optionally, ZLMA is applied to further refine the signals and reduce lag. Bullish and Bearish Threshold Crosses A bullish condition occurs when FRAMA RSI crosses above the threshold, while a bearish condition occurs when it falls below. The noise filter ensures that only significant trend shifts generate signals. Buy and Sell Signal Options Traders can choose between ZLMA crossovers or FRAMA RSI crossovers as the basis for buy and sell signals, offering flexibility in trade entry timing. Divergence Detection The indicator identifies divergences where price action and FRAMA RSI momentum do not align, potentially signaling upcoming reversals. Reversal Signal Labels When classic RSI overbought or oversold levels are confirmed by FRAMA RSI conditions, reversal labels are added on the chart to highlight potential exhaustion points. Bar Coloring System Bars are dynamically colored based on various conditions such as RSI thresholds, ZLMA crossovers, buy/sell signals, divergence, and reversals, allowing traders to quickly interpret market sentiment. Alerts and Internal Stats Customizable alerts notify traders of key events, and an optional internal stats table displays real-time calculations (fractal dimension, alpha value, and RSI values) to help users understand the underlying dynamics of the indicator. Summary The Uptrick: FRAMA Matrix RSI offers an enhanced approach to momentum analysis by combining RSI with adaptive FRAMA smoothing and additional layers of signal refinement. The indicator now includes adaptive RSI smoothing to reduce noise and improve responsiveness, Zero-Lag Moving Average filtering to minimize lag, divergence and reversal detection to identify potential turning points, customizable buy/sell signal options that let traders choose between different signal methodologies, a fully customizable bar coloring system to visually distinguish market conditions, and an internal stats table for real-time insight into FRAMA calculation parameters. Whether used for trend confirmation, divergence detection, or momentum-based strategies, this indicator provides a powerful and adaptive approach to trading. Disclaimer This script is for informational and educational purposes only. Trading involves risk, and past performance does not guarantee future results. Always conduct proper research and consult with a financial advisor before making trading decisions.
Pine Script™ indicator
by Uptrick
VSA Volume & Candle ColorsVolume Spread Analysis (VSA) Overview: Volume Spread Analysis (VSA) is a methodology used to interpret market dynamics by analyzing the relationship between volume, price spread (range), and closing levels. It identifies the presence of "professional money" (smart money) and market manipulation, helping traders anticipate potential reversals or continuations. --------------------------------------------------------------------------------------------------------------------- IMPORTANT: WHEN APPLING TO YOU'RE LOADOUT, CLICK THE 'MORE BUTTON', SELECT 'MOVE TO' PANEL ABOVE/BELOW..... OPEN SETTINGS IN THE STYLE TAB, TURN OF VOLUME & AVG VOLUME. Sorry for the inconvenience. Everything will work as I intented. I will fix this very minor issue with the display in the future. --------------------------------------------------------------------------------------------------------------------- Key VSA Concepts 1. Volume: High volume indicates strong participation. Low volume suggests weak interest or consolidation. Spikes often signal climaxes or institutional activity. 2. Spread (Candle Range): Wide spreads show volatility and conviction. Narrow spreads suggest indecision. 3. Closing price: A close near the high/low signals bullish/bearish control. VSA Signals: Strength: High volume + wide bullish spread = uptrend confirmation. Weakness: High volume + narrow spread = distribution/churning. Absorption: High volume with price rejection (e.g., wicks) = potential reversal. --------------------------------------------------------------------------------------------------------------------- SCRIPT'S FUNCTIONS: The provided code visualizes VSA principles by focusing on volume anomalies . Here’s how it works: 1. Inputs Volume Lookback Period: Sets the window (e.g., 20 bars) for calculating average volume. High/Low Multipliers: Defines thresholds for identifying unusually high/low volume (e.g., 1.5x avg = high volume). Color Candles: Toggles candle coloring based on volume. 2. Calculations Average Volume: A 20-period SMA of volume. Conditions: is_high_vol: Volume > (Avg Volume × 1.5). is_low_vol: Volume < (Avg Volume × 0.5). 3. Visualizations Colored Candles: Green (High Volume): Potential institutional activity or trend strength. Red (Low Volume): Lack of participation or consolidation. Transparency ensures clarity on the chart. Volume Histogram: Plots volume bars in a separate pane, colored to match high/low conditions. Average Volume Line: Baseline for comparing current volume (hidden by default but accessible in the data window). --------------------------------------------------------------------------------------------------------------------- How to Use This Script for VSA 1. Indentify Anomalies: High Volume: Look for green candles. Correlate with price action (e.g., breakouts or reversals). Low Volume: Red candles may signal weak trends or traps (e.g., false breakouts). 2. Contextual Analysis: Combine volume signals with candle spread and closing price. Example: A green (high-volume) candle with a long wick and narrow spread suggests selling pressure. 3. Divergences: Price making new highs with declining volume = weakening trend. --------------------------------------------------------------------------------------------------------------------- Example Scenario Bullish Signal: High volume (green candle) + wide spread + close near high = strong buying pressure. Bearish Signal: High volume (green candle) + narrow spread + long upper wick = absorption (smart money selling). --------------------------------------------------------------------------------------------------------------------- Enhancements for VSA While this script focuses on volume, full VSA requires assessing: Candle Spread: Compare current range to recent bars. Closing Position: Use wicks/closing levels to confirm strength/weakness. Sequential Patterns: Multi-bar setups (e.g., climax → test → reversal). This script provides a foundation for volume analysis, which can be paired with price action for robust VSA insights.
Pine Script™ indicator
by ViZiV
1
SMA 9, SMA 33 y HMA PersonalizablesUn indicador con SMA 9, SMA 33, y una HMA (Hull Moving Average) puede ser una herramienta útil para analizar tendencias, detectar cambios de dirección en el precio y tomar decisiones en el trading. Aquí te dejo algunas ideas de cómo podrías utilizarlo: 1. Detección de la Tendencia General SMA 9 (corto plazo): Muestra la tendencia a corto plazo. Si el precio está por encima de esta línea, puede indicar un sesgo alcista a corto plazo. SMA 33 (medio plazo): Muestra la tendencia a medio plazo. Es útil para confirmar la dirección de la tendencia principal. HMA (Hull Moving Average): Es más rápida y suave que las SMAs, ideal para detectar giros de tendencia de manera temprana sin tanto ruido. Estrategia básica: Cuando las tres medias están alineadas (SMA 9 > SMA 33 > HMA apunta hacia arriba), se confirma una tendencia alcista. Si el orden es el inverso (SMA 9 < SMA 33 y HMA apunta hacia abajo), se confirma una tendencia bajista. 2. Cruces entre las SMAs Los cruces de medias móviles son señales comunes de compra o venta: Señal de Compra: Cuando la SMA 9 cruza hacia arriba la SMA 33, puede ser una indicación de que la tendencia se está volviendo alcista. Señal de Venta: Cuando la SMA 9 cruza hacia abajo la SMA 33, puede ser una señal de que la tendencia se está volviendo bajista. Confirmación con la HMA: Antes de actuar, verifica si la HMA también está alineada con la dirección de la señal para reducir señales falsas. 3. Uso como Soporte y Resistencia Dinámicos Las SMA 9 y 33 pueden actuar como niveles de soporte/resistencia dinámicos. Por ejemplo: Si el precio está subiendo y retrocede hasta la SMA 9 o SMA 33, podría ser un buen punto para buscar entradas largas. Lo mismo aplica en una tendencia bajista, pero a la inversa. La HMA puede ayudarte a identificar si el retroceso es temporal o si es más probable que el precio cambie de tendencia. 4. Filtrado de Operaciones en Mercados Laterales Si las SMA 9 y 33 están planas y el precio se mueve lateral
Pine Script™ indicator
by joseestebanms
2
Back to the Future with Enhanced Tool for Lower Timeframes. Back to the Future (Linear Regression) This section uses linear regression to analyze price trends and predict future movements. Key Parameters: len & len1: Defines the length of the regression calculation. dev & dev1: Multiplier for deviation bands. Color and Style Settings: Customizes regression lines and deviation bands. How It Works: It calculates a linear regression line based on price data. Deviation bands (similar to Bollinger Bands) are plotted to identify price volatility. The slope and intercept of the regression line help determine potential price trends. The indicator dynamically updates these trendlines and deviation bands on the chart. 2. Enhanced Tool for Lower Timeframes This section enhances intraday and scalping strategies by using EMAs, ATR-based stop-losses, volume-based target multipliers, and ADX for trend strength filtering. Key Features & Calculations: Exponential Moving Averages (EMAs) shortEMALen = 5, longEMALen = 20 Used to identify trend direction and generate buy/sell signals based on crossovers. ATR-based Stop-Loss & Targets atrPeriod = 7 ATR (Average True Range) helps calculate dynamic stop-loss and target levels. Targets are adjusted based on volume conditions: If volume > volumeThreshold, Target 2 is calculated using a higher multiplier. ADX for Trend Strength Filtering adxLength = 10, adxThreshold = 15 ADX (Average Directional Index) ensures signals are taken only in strong trends. Buy and Sell Conditions Buy Signal: When short EMA crosses above long EMA & ADX > adxThreshold. Sell Signal: When short EMA crosses below long EMA & ADX > adxThreshold. Dynamic Stop-Loss and Profit Targets Long trades: Stop-loss is set below the entry price by ATR value. Short trades: Stop-loss is set above the entry price by ATR value. Two target levels are calculated dynamically. 3. Visual Representation Plots EMA lines for trend identification. Plots ADX line to indicate trend strength. Draws dynamic lines and labels for: Entry price Stop-loss Target 1 and Target 2 Uses different colors to differentiate buy/sell conditions. 4. Additional Features Risk-Reward Settings: Adjusts risk-reward ratio for custom target levels. Session Adaptability: Works well on lower timeframes, making it ideal for scalping & intraday trading. Volume-Based Adjustments: Uses higher target multipliers during high-volume conditions. Summary This is a highly advanced, multi-featured indicator that combines trend analysis, momentum filtering, and ATR-based risk management into a single powerful tool for intraday traders. It provides clear buy/sell signals and dynamically adjusts stop-loss and profit targets based on real-time market conditions.
Pine Script™ indicator
by satyaranjan.das143
XAUUSD STRATGEY BUY AND SELL SIGNALSThe XAUUSD buy and sell is designed to enhance trading strategies by pinpointing essential price levels and trends on an ATR and stochastic. It effectively charts the opening prices of moving average and 4-hour candles, visualizes retests, showcases average price lines, and integrates higher timeframe candlesticks. This system is ideal for traders who take advantage of short-term price fluctuations and volume trends. Understanding the XAUUSD BUY SELL This indicator marks crucial price levels derived from the opening prices of stochastic and 4-hour candles. It detects retests of these levels, computes average prices, and highlights the high and low points for each hour. Additionally, it incorporates higher-timeframe candlesticks to offer a well-rounded perspective on price movements. Essential Features: Stochastic and 4-Hour Opens: Clear indicators for important price levels. Retest Detection: Emphasizes price retests at hourly open levels. Average Price Lines: Provides average prices for enhanced trend evaluation. High and Low Indicators: Identifies hourly high and low points. How to Utilize the XAUUSD BUY AND SELL Trend Evaluation: leverage moving average and 4-hour levels to pinpoint potential support and resistance zones, aiding traders in making informed entry and exit decisions. Retest Approach: Monitor retests at hourly opens to identify possible reversals or continuations of trends. Liquidity Sweep Approach: Spot key levels where liquidity is expected to gather, such as previous hour highs and lows, to seize rapid price movements. Equal Highs and Lows Approach: Analyze repeated highs or lows to determine robust support or resistance levels and predict significant price shifts. Benefits of the XAUUSD BUY and sell Adjustable Zone Width: Modify the width around the 1-Hour Open to customize the zone. Retest Indicators: Toggle markers that indicate price retests on or off. Volume Filter: Emphasize retests accompanied by substantial volume to minimize distractions. 1-Hour Average Line: Present the average price from the last hour for trend assessment. Hourly High & Low Indicators: Mark the highest and lowest prices within each hour for quick reference. Conclusion The XAUUSD buy and sell is an invaluable tool for intraday traders. By providing a detailed and dynamic view of price levels, trends, and retests, it enhances decision-making and helps capture short-term trading opportunities.
Pine Script™ indicator
by cupra_inc
1
Time-based Alerts for Trading Windows🌟 Time-based Alerts for Trading Windows 🌐📈 This Time-based Alerts for Trading Windows script is a highly customizable and reliable tool designed to assist traders in managing automated strategies or manually monitoring specific market conditions. Inspired by CrossTrade's Time-based Alert, this script is tailored for those who rely on precise time windows to trigger actions, such as sending webhook signals or managing Expert Advisors (EAs). Whether you are a scalper, day trader, or algorithmic trader, this script empowers you to stay on top of your trades with fully customizable time-based alerts. 🛠️ Customizable Time Alerts This indicator allows you to create up to 12 unique time windows by specifying the exact hour and minute for each alert. Each time window corresponds to an individual alert condition, making it perfect for managing trades during specific market sessions or key time periods. For example: Alert 1 can be set at 9:30 AM (market open). Alert 2 can be set at 3:55 PM (just before market close). Each alert can be toggled on or off in the indicator settings, allowing you to manage alerts without having to reconfigure your script. You can adjust the colours to fit any colour scheme you like! 🕒 Odd and Even Time Alerts The script comes with three built-in alert type categories: Odd Alerts (marked with a green triangle on the chart): These correspond to odd-numbered inputs like Alert 1, Alert 3, Alert 5, and so on. Even Alerts (marked with a red triangle on the chart): These correspond to even-numbered inputs like Alert 2, Alert 4, Alert 6, and so on. You can also customize all 12 alerts individually to include a custom alert message These alerts serve as a convenient way to differentiate between multiple trading strategies or market conditions. You can customize alert messages for odd and even alerts directly from TradingView’s alert panel. 🔗 Webhook Integration for Automation This script is fully compatible with webhook-based automation. By configuring your alerts in TradingView, you can send signals to trading bots, EAs, or any third-party system. For example, you can: Turn off an EA at a specific time (e.g., 3:55 PM EST). Send buy/sell signals to your bot during predefined trading windows. Simply use TradingView’s alert message editor to format webhook payloads for your automation system. 🌐 Timezone Flexibility Trading happens across multiple time zones, and this script accounts for that. You can toggle between: Eastern Time (New York): Ideal for most US-based markets. Central Time (Exchange): Useful for futures and commodities traders. This ensures your alerts are always in sync with your preferred time zone, eliminating confusion. 🎨 Visual Indicators The script plots visual markers directly on your chart to indicate active alerts: Up Facing Triangles: Represent odd-numbered alerts, providing a quick reference for these time windows. Down Facing Triangles: Represent even-numbered alerts, helping you track different strategies or conditions. These visual markers make it easy to see when alerts are triggered, even at a glance. In our chart example above, the blue triangles indicate the odd-numbered alerts and the yellow triangles the even-numbered alerts. You can set them to the colours of green and red if you prefer that! 📈 Practical Use Case Let’s say you’re trading the USTEC index on a 1-minute chart. You want to: Turn off your trading bot at 16:55 EST to avoid after-market volatility. Trigger a re-entry signal at 17:30 EST to capture moves during the Asian session. Visually monitor these actions on your chart for easy reference. This script makes it possible with precision alerts and webhook integration. Simply configure the time windows in the settings and set up your alerts in TradingView. 🚨 How to Set Up Alerts Enable or Disable Alerts: Use the script’s settings to toggle specific alerts on or off as needed. Set Custom Time Windows: Define the hour and minute for each alert in the settings panel. Create Alerts in TradingView: Go to the TradingView alert panel. Select the condition (e.g., "Odd Time-based Alert (Green)" or "Even Time-based Alert (Red)"). Customize the alert message for webhook integration or personal notification. Choose the trigger type: Once Per Bar or Once Per Bar Close to keep the alert active. Integrate with Webhooks: Use the alert message field to format payloads for automation systems like MT4, MT5, or third-party bots. 📋 Key Notes Alerts can trigger indefinitely if set to "Once Per Bar" or "Once Per Bar Close". Always ensure the expiration date is set far in the future to avoid unexpected alert deactivation. Test webhook messages and alert configurations thoroughly before using them in live trading. This script is a powerful addition to your trading toolbox, offering precision, flexibility, and automation capabilities. Whether you’re turning off an EA, managing trades during market sessions, or automating strategies via webhooks, this script is here to support you. Start using the Time-based Alerts for Trading Windows today and trade with confidence! 🚀✨ Acknowledgment This indicator was created using the foundation code provided by CrossTrade.io . Huge thanks to their work for inspiring this customizable solution! Follow them here: @CrossTradeTeam
Pine Script™ indicator
by xhmxdir
2
Brokerir - Order BlocksOrder Block Trading Script Effectively Identify Supply and Demand Zones In order to trade order blocks effectively, you need to identify key areas on the price chart where a large move has occurred. This script does the hard work of drawing order blocks for you, saving you time and effort. Blue OB (Supply): Look for short opportunities (sell). Green OB (Demand): Look for long opportunities (buy). Important Notice: Not every order block will be a valid buying or selling point. It’s essential to confirm order blocks with additional analysis to ensure reliability. Alert System: You can set two types of alerts with this script: Buy Alert Sell Alert What are Order Blocks? Order blocks are significant institutional buy or sell orders placed over a certain period. During these moments, institutional players are working to build up their positions, and these blocks often serve as strong support or resistance levels for future price action. Release Notes – Published on Jan 25, 2025 Updated to PineScript v5 for enhanced performance. Fixed alert bug for more reliable notifications. Added clearer comments to improve code readability. Added the option to customize the color of order blocks.
Pine Script™ indicator
by SasanHATAM
My auto dual avwap with Auto swing low/pivot low finderWelcome to My Auto Dual AVWAP with Auto Swing Low/Pivot Low Finder – an open-source TradingView indicator designed to enhance your technical analysis toolbox. This indicator is published under the Mozilla Public License 2.0 and is available for anyone to study, modify, and distribute. Key Features Auto Pivot/Swing Low Finder: In addition to VWAP lines, the indicator incorporates an automatic detection mechanism for swing lows/pivot lows. This feature assists in identifying potential support areas and price reversals, further enhancing your trading strategy. Dual VWAP Calculation with high/low range: The indicator calculates two separate volume-weighted average price (VWAP) lines based on different price inputs (low and high prices) and defined time sessions. This allows traders to gain a more nuanced view of market activity during specific trading periods. Customizable Time Sessions: You can specify distinct start and end times for each VWAP calculation session. This flexibility helps you align the indicator with your preferred trading hours or market sessions, making it adaptable to various time zones and trading styles. Easy to Customize: With clear code structure and detailed comments, the script is designed to be accessible even for traders who want to customize or extend its functionality. Whether you're a seasoned coder or just starting out, the code is written with transparency in mind. How It Works Session Initialization: The script sets up two distinct time sessions using user-defined start and end times. For each session, it detects the beginning of the trading period to reset cumulative values. Cumulative Calculations: During each session, the indicator accumulates the product of price and volume as well as the total volume. The VWAP is then computed as the ratio of these cumulative values. Dual Data Sources: Two separate data inputs (using low and high prices) are used to calculate two VWAP lines. This dual approach provides a broader perspective on market trends and can help in identifying dynamic support and resistance levels. Visualization: The calculated VWAP lines are plotted directly on your chart with distinct colors and thickness settings for easy visualization. This makes it simple to interpret the data at a glance. Why Use This Indicator? Whether you are a day trader, swing trader, or simply looking to refine your market analysis, My Auto Dual AVWAP with Auto Swing Low/Pivot Low Finder offers a robust set of features that can help you identify key price levels and improve your decision-making process. Its open-source nature invites collaboration and customization, ensuring that you can tailor it to fit your unique trading style. Feel free to explore, modify, and share this indicator. Happy trading!
Pine Script™ indicator
by doqkhanh
1
IU Ocean OscillatorIU Ocean Oscillator is a momentum-based oscillator designed to identify trend exhaustion and potential reversals. This indicator is calculated using: - Acceleration Factor (AF): Measures the rate of change in price momentum. - Volatility Expansion (VE): Captures market volatility over a given period. - Trend Exhaustion Index (TEI): Normalized ratio of AF and VE, scaled between 0 and 100. - Signal Line: A smoothed moving average of the TEI for better trend clarity. User Inputs - Lookback Period: Defines the number of bars used for calculations. - Overbought Level: Sets the threshold for overbought conditions (default: 85). - Oversold Level: Sets the threshold for oversold conditions (default: 15). - Show Acceleration Factor: Option to display the raw TEI values. Key Features: - Overbought and oversold levels to identify potential reversal zones. - Gradient-colored signal line to visualize trend strength. - Optional display of the Acceleration Factor for advanced analysis. - Unique oceanic theme with dynamic elements like coral, bubbles, and blowfish. This oscillator helps traders gauge trend strength, exhaustion, and possible reversals, making it useful for various trading strategies.
Pine Script™ indicator
by Shivam_Mandrai
6
Combined SmartComment & Dynamic S/R LevelsDescription: The Combined SmartComment & Dynamic S/R Levels script is designed to provide valuable insights for traders using TradingView. It integrates dynamic support and resistance levels with a powerful Intelligent Comment system to enhance decision-making. The Intelligent Comment feature generates market commentary based on key technical indicators, delivering real-time actionable feedback that helps optimize trading strategies. Intelligent Comment Feature: The Intelligent Comment function continuously analyzes market conditions and offers relevant insights based on combinations of various technical indicators such as RSI, ATR, MACD, WMA, and others. These comments help traders identify potential price movements, highlighting opportunities to buy, sell, or wait. Examples of the insights provided by the system include: RSI in overbought/oversold and price near resistance/support: Indicates potential price reversal points. Price above VAH and volume increasing: Suggests a strengthening uptrend. Price near dynamic support/resistance: Alerts when price approaches critical support or resistance zones. MACD crossovers and RSI movements: Provide signals for potential trend shifts or continuations. Indicators Used: RSI (Relative Strength Index) ATR (Average True Range) MACD (Moving Average Convergence Divergence) WMA (Weighted Moving Average) POC (Point of Control) Bollinger Bands SuperSignal Volume EMA (Exponential Moving Average) Dynamic Support/Resistance Levels How It Works: The script performs real-time market analysis, assessing multiple technical indicators to generate Intelligent Comments. These comments provide traders with timely guidance on potential market movements, assisting with decision-making in a dynamic market environment. The script also integrates dynamic support and resistance levels to further enhance trading accuracy.
Pine Script™ indicator
by alwaysfree2021
Squeeze Momentum [LazyBear] V6 - Pine Screener [Mr_Rakun]Squeeze Momentum Indicator with Screener V6 - Modified by Mr_Rakun Overview This script is a modified version of the popular Squeeze Momentum Indicator originally created by LazyBear . The indicator identifies market conditions where volatility is contracting (squeeze) and expanding, helping traders spot potential breakouts or reversals. The modification by Mr_Rakun introduces a Pine Screener feature that scans for ascending and descending candles based on the Squeeze Momentum values. Screener for Ascending and Descending Candles: The script includes a screener that counts and categorizes candles based on their momentum: Rising Green: Bullish momentum increasing. Falling Green: Bullish momentum decreasing. Falling Red: Bearish momentum increasing. Rising Red: Bearish momentum decreasing. Additionally, it tracks the state of the squeeze (On/Off) using colored crosses.
Pine Script™ indicator
by Mr_Rakun
11
[UsaYasin] Fibonacci Retracement / QQE / VWAP Deviation Fibonacci retracement is a popular technical analysis tool used by traders to identify potential support and resistance levels in financial markets. The QQE indicator, short for Quantitative Qualitative Estimation, is a technical analysis tool used by traders to identify potential overbought and oversold conditions in the market. It's essentially a smoothed version of the popular Relative Strength Index (RSI) indicator, with some added features. VWAP deviation is a technical analysis tool that helps traders understand how far the current price of an asset is from its volume-weighted average price (VWAP).
Pine Script™ indicator
by usayasin