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Moving Averages

Apex Wallet - Ultimate Trading Suite: All-In-One Overlay & SignaOverview The Apex Wallet All-In-One is a comprehensive professional trading toolkit designed to centralize every essential technical analysis tool directly onto your main price chart. Instead of cluttering your workspace with dozens of separate indicators, this script integrates trend analysis, volatility bands, automated chart patterns, and a multi-indicator signal engine into a single, cohesive interface. Key Modular Features: Trend Core: Features dynamic trend curves, cloud fills for momentum visualization, and a multi-timeframe dashboard (1m to 4h) to ensure you are always trading with the higher-timeframe bias. Automated Chart Structures: Automatically detects and plots Support/Resistance levels, Standard Pivot Points, Market Gaps, and Fair Value Gaps (Imbalances). Volatility & Volume: Includes professional-grade VWAP with standard deviation bands, Bollinger Bands, and a built-in Volume Delta (Raw/Net) tracker. Signal Engine: A powerful cross-logic system that generates entry signals based on RSI (QQE), MACD (Zero-cross & Relance), Stochastic, TDI, and the Andean Oscillator. Predictive Projections: A unique feature that projects current indicator slopes into future candles to help anticipate potential trend continuations or reversals. Adaptability The script includes three core presets—Scalping, Day-Trading, and Swing-Trading—which automatically adjust all internal periods (Moving Averages, Bollinger, RSI, etc.) to match your specific market speed. Visual Cleanliness Every feature is toggleable. You can display a "clean" chart with just the Trend Cloud or a "complete" workstation with signals, patterns (Doji, Engulfing), and pivot levels
Pine Script® indicator
by sylvain_coutsier
5MA + TrendMagic + Disparity Scalping + Volume Spikes5MA + Trend Magic + Disparity Scalping + Volume Spikes This indicator is a multi-layer scalping and intraday framework designed to combine trend context, volatility expansion, mean-reversion opportunities, and volume-based turning points into a single chart. It is especially effective for fast markets such as GOLD (XAUUSD) and lower timeframes. Key Components 1. 5 Moving Average Structure EMA 9 / 20 / 50 / 100 / 200 Provides instant trend direction, compression, and dynamic support/resistance Useful for filtering scalp signals in trend vs range conditions 2. Trend Magic (CCI + ATR Based) Modified Trend Magic line using CCI direction and ATR trailing logic Clearly defines bullish / bearish bias Acts as a trend filter to avoid counter-trend scalps during strong moves 3. Ultra Fast Disparity Scalper Detects short-term overextension from EMA9 and EMA20 Uses: Price–EMA disparity RSI overbought / oversold RVI momentum prediction Designed for quick mean-reversion scalps, not trend entries Includes a simple overheating filter that grays out signals during extreme conditions 4. GOLD Volatility Expansion Detector Specialized logic for explosive moves using: ATR expansion Bollinger Band breakouts Historical Volatility vs Realized Volatility divergence Generates signals only when volatility regime shifts, not during noise Ideal for catching impulsive breakout phases 5. Volume Spike Reversal Signals Detects abnormal volume spikes relative to volume SMA Optional filters: Valid swing high / low only Hammer / Shooting Star candles Same candle color confirmation Session-based filtering Designed to highlight potential exhaustion and reaction points Signals are plotted on the previous bar for accuracy How to Use Use EMA structure + Trend Magic to define market context Take Disparity Scalping signals only when price is stretched and momentum weakens Use Volume Spikes to confirm exhaustion or reaction zones Use GOLD volatility signals to stay with expansion moves, not fade them This indicator is not a single-entry system, but a decision-support tool that helps align trend, momentum, volatility, and volume for high-probability intraday trading.5MA + Trend Magic + Disparity Scalping + Volume Spikes This indicator is a multi-layer scalping and intraday framework designed to combine trend context, volatility expansion, mean-reversion opportunities, and volume-based turning points into a single chart. It is especially effective for fast markets such as GOLD (XAUUSD) and lower timeframes. Key Components 1. 5 Moving Average Structure EMA 9 / 20 / 50 / 100 / 200 Provides instant trend direction, compression, and dynamic support/resistance Useful for filtering scalp signals in trend vs range conditions 2. Trend Magic (CCI + ATR Based) Modified Trend Magic line using CCI direction and ATR trailing logic Clearly defines bullish / bearish bias Acts as a trend filter to avoid counter-trend scalps during strong moves 3. Ultra Fast Disparity Scalper Detects short-term overextension from EMA9 and EMA20 Uses: Price–EMA disparity RSI overbought / oversold RVI momentum prediction Designed for quick mean-reversion scalps, not trend entries Includes a simple overheating filter that grays out signals during extreme conditions 4. GOLD Volatility Expansion Detector Specialized logic for explosive moves using: ATR expansion Bollinger Band breakouts Historical Volatility vs Realized Volatility divergence Generates signals only when volatility regime shifts, not during noise Ideal for catching impulsive breakout phases 5. Volume Spike Reversal Signals Detects abnormal volume spikes relative to volume SMA Optional filters: Valid swing high / low only Hammer / Shooting Star candles Same candle color confirmation Session-based filtering Designed to highlight potential exhaustion and reaction points Signals are plotted on the previous bar for accuracy How to Use Use EMA structure + Trend Magic to define market context Take Disparity Scalping signals only when price is stretched and momentum weakens Use Volume Spikes to confirm exhaustion or reaction zones Use GOLD volatility signals to stay with expansion moves, not fade them This indicator is not a single-entry system, but a decision-support tool that helps align trend, momentum, volatility, and volume for high-probability intraday trading.
Pine Script® indicator
by masato19810122
EMA 5/9 Ribbon + VWAP + Trend Filters **Description:** This indicator combines EMA ribbon analysis with VWAP and volume-based trend filters to help traders identify high-probability entries. It is designed for clarity, providing visual signals, trend bias, and key market metrics directly on the chart. **Key Features:** * EMA Ribbon (5 & 9) that changes color based on trend and VWAP cross. * Buy/Sell signals with optional “strong” signals when trend and volume confirm. * VWAP crossover arrows (yellow) highlight stronger trends. * Sideways detection filter to reduce signals during choppy markets. * Adjustable ribbon and sideways background colors via settings. * Live trend table showing: * Current trend bias (Bullish/Bearish/Sideways) * Bullish vs Bearish volume percentage * ATR for volatility insight * Optional background highlight for sideways zones. **User Inputs:** * EMA lengths, ATR length, volume lookback * Sideways detection toggle and sensitivity * Table placement options (top-right, top-center, bottom-right, bottom-center) * Customizable colors for bullish, bearish, VWAP, and sideways zones **Benefits:** * Quickly visualize trend direction and momentum. * Avoid signals during sideways or low-volatility periods. * Makes chart analysis faster and more intuitive. * Fully customizable to match personal trading style. **Recommended Use:** Best used on intraday or swing charts to confirm trend and momentum. Combine with other analysis tools (support/resistance, candlestick patterns, or additional indicators) for higher confidence trades.
Pine Script® indicator
by CubanDragon
Multi-Filter Momentum Candle Strategy (Non-Repaint)Momentum Candle Precision Scanner is a price action–based indicator designed to detect high-quality momentum candles after consolidation phases. It combines candle structure analysis, volume confirmation, ATR control, consolidation filtering, and higher timeframe EMA trend alignment to reduce false signals. ⚠️ This indicator is NOT standalone and MUST be used together with an external RSI indicator. RSI is intentionally not included in the script to allow traders full flexibility in choosing their preferred RSI settings. 🎯 Purpose This indicator helps traders: Identify valid impulsive candles, not just large candles Avoid entries during sideways or consolidation zones Trade in alignment with the higher timeframe trend Improve entry selectivity through a scoring-based validation system ⚙️ Core Logic Explained 1️⃣ Momentum Candle Structure Candle body must fall within a predefined pip range Minimum body-to-range ratio is required Upper and lower wick percentages are strictly limited This helps filter out candles caused by noise or fake breakouts. 2️⃣ Volume Confirmation Current volume must be above its moving average Ensures momentum is supported by market participation 3️⃣ ATR-Based Control Candle body size is capped using ATR Prevents signals during abnormal volatility spikes (e.g., news events) 4️⃣ Consolidation Filter (Box & Core Zone) A dynamic price box is built from recent candles Signals are ignored inside the core consolidation zone Focuses entries on breakout or expansion phases 5️⃣ Scoring System Each candle is evaluated using a weighted score: Candle body quality Wick structure Volume strength ATR validity Position relative to consolidation Signals are triggered only when the minimum score threshold is met. 📈 Trend Filtering (EMA HTF & Current TF) Higher Timeframe EMA defines the main trend direction Current Timeframe EMA reflects local momentum Options available: Trade with HTF trend only Or allow counter-trend signals (user controlled) 🚨 Alert Feature Alerts can trigger minutes before candle close Designed for traders who wait for near-close confirmation ⚠️ IMPORTANT – RSI IS REQUIRED This indicator does NOT include RSI internally. 📌 You must add an external RSI indicator and use it as: Additional momentum confirmation Overbought / oversold filter Trend strength validation 👉 General RSI usage example: Buy setups → RSI above 50 and strengthening Sell setups → RSI below 50 and weakening (Users are free to adapt RSI settings to their own strategy.) 🛠️ Recommended Usage Best suited for M5 Optimized for XAUUSD Can be adapted to other instruments by adjusting pip size 📌 Disclaimer This indicator is a technical analysis tool, not a trading system. No guarantees of profitability. Always apply proper risk management, RSI confirmation, and personal backtesting before live trading.
Pine Script® indicator
by stefardian
ApexTrend Lite ApexTrend Lite is a directional trend band indicator designed to show market structure, trend direction, and volatility in a simple visual form. The indicator plots a single adaptive band that changes position based on trend conditions. In bullish markets, the band appears below price. In bearish markets, the band appears above price. During sideways or low-strength conditions, the band compresses near the trend average. The band automatically expands when volatility and trend strength increase and contracts when conditions weaken. Color intensity reflects trend strength, helping distinguish strong trends from weak or choppy periods. The band is anchored to candle extremes, ensuring it hugs price without gaps and accurately represents market structure. ApexTrend Lite does not repaint and works across all asset classes, including equities, indices, and commodities. This is the Lite version focused on clean visual trend context
Pine Script® indicator
by joyfulChilli
10x Multi-Timeframe SMA Suite📊 Professional Multi-Timeframe Simple Moving Average Indicator Track up to 10 independent Simple Moving Averages from different timeframes on a single chart with full customization control. ✨ KEY FEATURES: - 10 independent SMA lines - Individual timeframe selection for each SMA (Daily, Weekly, Monthly, 4H, 1H, etc.) - Flexible source options (Close, Open, High, Low, HL2, HLC3, OHLC4) - Fully customizable colors - Adjustable line thickness (1-5) - Toggle on/off for each SMA - Clean and intuitive interface - Optimized for performance 🎯 DEFAULT SETTINGS: First 4 SMAs are enabled by default: - SMA 1: 200-period Daily (Red) - SMA 2: 50-period Weekly (Blue) - SMA 3: 100-period Weekly (Green) - SMA 4: 200-period Weekly (Orange) Additional 6 SMAs are ready to activate and customize as needed! 💡 PERFECT FOR: - Multi-timeframe trend analysis - Support and resistance level identification - Long-term and short-term momentum tracking - Professional traders who need multiple MAs simultaneously ⚡ Simple to use, powerful in functionality - All your moving averages in one indicator!
Pine Script® indicator
by seventhlegend
Daily SMA (Historical Plotting with RTH/ETH, (5))Daily SMA (RTH/ETH Dynamic Session Handling) — Midnight + RTH Open Locks This indicator plots projected daily Simple Moving Averages (SMAs) on intraday charts by anchoring calculations to a Regular Trading Hours (RTH) daily SMA reference, while visualizing how the daily SMA evolves intraday during Extended Trading Hours (ETH) and RTH sessions. When daily SMAs are evaluated strictly at the daily timeframe, they do not form a continuous intraday history and may appear flat on historical intraday bars until realtime bars begin updating. This script visualizes the daily SMA’s intraday progression while keeping the underlying daily SMA reference unchanged. Purpose Standard daily SMAs plotted on intraday charts are evaluated at the daily timeframe and therefore do not form a continuous intraday history. When charts are refreshed or reloaded, these values may appear flat until realtime data resumes. This script addresses that visualization limitation by projecting the daily SMA across historical and realtime intraday bars, while keeping the daily SMA reference intact. How it works • Daily SMA seed values are sourced exclusively from an RTH-only daily timeframe series. • At ETH midnight, the SMA seed is locked using completed daily closes from the RTH daily series. • At the RTH open, the seed is re-locked using the completed RTH daily window. • After each seed event, the SMA is projected intraday using the active chart bar’s price. Price semantics • Historical bars use fully closed candle data only. • The realtime bar uses the last traded price until the candle closes. • Once a bar closes, its value is final and does not repaint. Higher-timeframe data usage • request.security() is used intentionally to access daily SMA data. • lookahead=barmerge.lookahead_on is used only to reference the developing daily timeframe value during the active session for projection purposes. • No future bars are accessed and no historical values are retroactively altered. Data integrity • SMA seed values are derived solely from the daily timeframe and do not depend on intraday bar history. • SMA values are computed forward from the locked seed and do not revise prior bars. • If insufficient daily history exists for a symbol, values safely return na. Scope and limitations • Intended for chart timeframes up to and including daily. • Designed for instruments with defined RTH sessions (such as equities and equity-based products). • This script does not replace or modify the underlying daily SMA reference; it visualizes an intraday projection anchored to the RTH daily SMA. Other notes • Pine Script version: v6 • No future data access • No historical repainting; only the active realtime bar updates until close
Pine Script® indicator
by tgunne
Daily EMA (Historical Plotting with RTH/ETH, [2])Daily EMA (RTH/ETH Dynamic Session Handling) — Midnight + RTH Open Locks This indicator plots projected daily Exponential Moving Averages (EMAs) on intraday charts by anchoring calculations to a Regular Trading Hours (RTH) daily EMA reference, while visualizing how the daily EMA evolves intraday during Extended Trading Hours (ETH) and RTH sessions. When daily EMAs are evaluated strictly at the daily timeframe, they do not form a continuous intraday history and may appear flat on historical intraday bars until realtime bars begin updating. This script visualizes the daily EMA’s intraday progression while keeping the underlying daily EMA reference unchanged. Purpose Standard daily EMAs plotted on intraday charts are evaluated at the daily timeframe and therefore do not form a continuous intraday history. When charts are refreshed or reloaded, these values may appear flat until realtime data resumes. This script addresses that visualization limitation by projecting the daily EMA across historical and realtime intraday bars, while keeping the daily EMA reference intact. How it works • Daily EMA seed values are sourced exclusively from an RTH-only daily timeframe series. • At ETH midnight, the EMA seed is locked using the current RTH daily EMA value from the RTH daily series. • At the RTH open, the seed is re-locked using the completed RTH daily window. • After each seed event, the EMA is projected intraday using the standard EMA recurrence applied to the active chart bar’s price. Price semantics • Historical bars use fully closed candle data only. • The realtime bar uses the last traded price until the candle closes. • Once a bar closes, its value is final and does not repaint. Higher-timeframe data usage • request.security() is used intentionally to access daily EMA data. • lookahead=barmerge.lookahead_on is used only to reference the developing daily timeframe value during the active session for projection purposes. • No future bars are accessed and no historical values are retroactively altered. Data integrity • EMA seed values are derived solely from the daily timeframe and do not depend on intraday bar history. • EMA values are computed forward from the locked seed and do not revise prior bars. • If insufficient daily history exists for a symbol, values safely return na. Scope and limitations • Intended for chart timeframes up to and including daily. • Designed for instruments with defined RTH sessions (such as equities and equity-based products). • This script does not replace or modify the underlying daily EMA reference; it visualizes an intraday projection anchored to the RTH daily EMA. Other notes • Pine Script version: v6 • No future data access • No historical repainting; only the active realtime bar updates until close
Pine Script® indicator
by tgunne
TDStochastic - TOM GOOD CAR (Center)Indicator Overview TDStochastic - TGC_Stoch_Center is a streamlined momentum analysis tool designed for clarity and efficiency. By integrating Stochastic calculations with a centralized real-time Dashboard, it allows traders to instantly identify market trends and momentum strength directly on the chart. Key Features Visual Dashboard: Features a top-center table displaying Trend Status (UP/DOWN), Price Strength (POWERFUL/WEAK), and the current percentage value. Dynamic Bar Coloring: Automatically changes the candlestick colors based on Stochastic %D direction to filter out market noise. Enhanced Smoothing: Utilizes SMA smoothing for K and D lines to provide a more stable and reliable signal compared to standard stochastic oscillators. How to Use Trend Identification: Monitor the "STATUS" cell. If the momentum is rising, it displays "UPTREND." Strength Assessment: When momentum is positive and accelerating, the "POWERFUL" status confirms the prevailing trend's strength. Execution: Ideally used for trend following. Traders can remain in positions as long as the bar color and dashboard status remain consistent with the direction. Trading involves significant risk. This indicator is a technical analysis tool based on historical data and does not guarantee future profits. Always use proper risk management and do not rely solely on a single indicator for trading decisions.
Pine Script® indicator
by tomgoodcarkhonsan
MTF 200SMA Dashboard (with TF Labels)MTF 200SMA Dashboard (with TF Labels) Welcome to another release from the Samurai Vector Trading series. This indicator displays the 200-period Simple Moving Average (200 SMA) from multiple timeframes (M1, M5, M15, M30, H1, H4, D1) on the current chart. It is designed as an auxiliary multi-timeframe structure tool, allowing traders to visually assess higher-timeframe alignment without switching charts. Key Features Displays 200 SMA from 7 timeframes on a single chart Right-side price labels indicating each timeframe’s 200 SMA level Lines and labels are color-coded by timeframe Automatically hides lower-relevance timeframes based on the current chart resolution Designed to remain readable even when multiple SMAs cluster in the same price area How to Use Apply the indicator to any chart timeframe (commonly used on M1–H4 charts). Observe which higher-timeframe 200 SMAs are currently active and visible. Use the relative position of price and multiple 200 SMAs to understand: Higher-timeframe structural context Areas of potential mean interaction or compression In ranging or consolidating markets, overlapping 200 SMAs often highlight key structural zones. Combine with volume-based tools for deeper contextual analysis. Design Philosophy This indicator focuses on structure visualization, not signal generation. It does not provide: Entry signals Exit rules Performance claims Instead, it serves as a context layer, helping traders frame price action within a multi-timeframe structural environment before applying their own execution logic. Notes All timeframes and the 200 SMA length are fixed by design to maintain consistency. Labels are positioned on the right axis at each SMA’s current price level. Intended for educational and analytical purposes only. Disclaimer This indicator is provided for educational and analytical use. It does not constitute trading or investment advice. Use at your own risk. © katanai_makenai_fx Samurai Vector Trading series MTF 200SMA Dashboard (with TF Labels) 侍Vector Tradingシリーズの新作インジケーターです。 現在のチャートに、複数時間軸（M1, M5, M15, M30, H1, H4, D1）の200期間単純移動平均線（200SMA）を重ね表示し、右側に各時間軸の200SMA値をラベルで示します。 マルチタイムフレーム構造確認の補助ツールとして設計されており、チャート切り替えなしで上位時間軸の整合性を視覚的に素早く把握できます。 主な機能 - 1つのチャートに7つの時間軸（M1〜D1）の200SMAを表示 - 右側に各時間軸の200SMA価格レベルをラベル表示 - 時間軸ごとにラインとラベルを色分け - 現在のチャート時間軸より下位の時間軸は自動的に非表示（チャートをクリーンに保つ） - 複数のSMAが同じ価格帯に重なっても読みやすい設計 使い方 1. 任意の時間軸に追加（M1〜H4で特に使いやすい） 2. 表示されている上位200SMAの位置関係を確認 3. 価格と複数の200SMAの相対位置から以下の理解を助ける： - 上位時間軸の構造的文脈 - 平均回帰や圧縮の可能性が高いエリア 4. レンジ相場や調整期では、複数の200SMAの重なりが重要な構造ゾーンを示唆 5. 出来高ベースツールと組み合わせることで、より深い文脈分析が可能 デザイン哲学 このインジケーターは構造の視覚化に特化しており、シグナル生成は行いません。 以下のものは提供しません： - エントリーシグナル - イグジットルール - パフォーマンス主張 代わりに、文脈レイヤーとして機能し、トレーダーが自身の実行ロジックを適用する前に、マルチタイムフレームの構造環境で価格行動をフレーム化する手助けをします。 注意事項 すべての時間軸と200SMAの長さは、一貫性を保つために固定設計です。 ラベルは各SMAの現在価格レベルで右軸に配置されます。 教育・分析目的でのみ提供されます。 免責事項 このインジケーターは教育・分析用途でのみ提供されます。 投資助言や取引アドバイスを構成するものではありません。 使用は自己責任でお願いします。 © katanai_makenai_fx Samurai Vector Trading series
Pine Script® indicator
by katanai_makenai_fx
RS Proxy Suite (Sector-Weighted) - by kuokkuokIndicator Description RS Proxy Suite (Sector-Weighted) is a Pine Script indicator for TradingView, designed for stock traders to calculate a stock's Relative Strength (RS) proxy score. This indicator simulates a market proxy universe by weighting multiple sector ETFs, evaluating a stock's strength relative to a benchmark like the SPX. Inspired by the M.E.T.S. (Multiple Edge Trading Strategy) system, it helps users identify market-leading stocks, potential breakout opportunities, and low-risk entry points. Key Features and Benefits: RS Proxy Rating (1–99 Score): Computes the stock's RS score (higher is stronger), aiding in screening super-strong stocks. A score above 80 indicates the stock outperforms most peers, making it a prime buy candidate. RS Line and Blue Dot Divergence: Displays the RS line trend and marks RS-leading new high divergences. This acts like an "early warning light," signaling potential low-risk entries (e.g., when RS hits a new high but price hasn't caught up yet). Sector-Weighted Design: Integrates Growth, Cyclical, Defensive, and Policy ETFs to simulate a comprehensive market environment. Weights are adjustable for flexibility across market phases. Dashboard Display: A concise panel shows RS Rating, RS Trend, and Blue Dot status for quick decision-making. Application Scenarios: Ideal for technical analysts to screen leaders, spot trend reversals, or confirm breakouts with VCP patterns (Volatility Contraction Patterns). Its strength lies in avoiding single-index bias for more stable RS assessments. This indicator avoids subjective judgments, relying on quantitative momentum calculations to help traders "go with the flow" and reduce false breakout risks. Shared for community use—feedback welcome for improvements. User Manual - This manual guides you on installing and using the RS Proxy Suite (Sector-Weighted) indicator on TradingView. It's suited for daily or weekly charts, applicable to US stocks or markets correlated with SPX. Ensure your TradingView account supports Pine Script v6. 1. Installation Steps Step 1: Log in to TradingView and open the Chart page. Step 2: Click the "Indicators" button in the top toolbar, search for "RS Proxy Suite (Sector-Weighted)" (or paste the Pine Script code into the Pine Editor and add it). Step 3: If installing from the Community Scripts library, click "Add to Chart"; for custom code, save and add to the chart. Step 4: The indicator will appear below the chart (overlay=false). Confirm no error messages. 2. Parameter Adjustment Guide The indicator offers multiple input parameters in TradingView's "Settings" panel. Defaults are optimized, but adjust based on market conditions. Here's a grouped breakdown: Data Source: Market Index SPX: Default "SP:SPX", changeable to other indices (e.g., "TVC:NDX"). Calculation Price: Default close (closing price), switch to high/low/open for sensitivity tweaks. RS Momentum Periods (Adjustable): Short Term (Default 63 days): Short-term momentum; larger values smooth it out. Medium Term (Default 126 days): Mid-term momentum. Long Term (Default 252 days): Long-term momentum for capturing major trends. Momentum Weights: Short Term Weight: Default 0.4, emphasizes recent performance. Medium Term Weight: Default 0.2. Long Term Weight: Default 0.4. Sum doesn't need to be 1; system normalizes automatically. Sector Weights: Each ETF weight is independently adjustable (step 0.1). Defaults reflect sector importance, e.g., higher for growth ETFs. XLK Weight (Technology): Default 1.5. SOXX Weight (Semiconductors): Default 1.3. XLY Weight (Consumer Discretionary): Default 1.2. XLC Weight (Communication Services): Default 1.1. XLG Weight (Large Cap Growth): Default 1.3. XLI Weight (Industrials): Default 1.0. XLF Weight (Financials): Default 1.0. XLB Weight (Materials): Default 0.9. XLE Weight (Energy): Default 0.9. XLV Weight (Health Care): Default 0.8. XLP Weight (Consumer Staples): Default 0.8. XLU Weight (Utilities): Default 0.7. XLRE Weight (Real Estate): Default 0.7. PPA Weight (Aerospace & Defense): Default 0.9. Adjustment Tips: Boost XLK/SOXX for tech-favorable markets; increase XLV/XLP for defensive phases. Visualization Settings: Show RS Line: Displays RS line (black) and 50-day MA (gray). Show Blue Dot Divergence (Blue Dot): Marks divergence signals. Show Dashboard: Enables the dashboard. Dashboard Position: Choose locations like "Bottom Right". 3. Output Interpretation RS Line: Black line shows stock strength vs. SPX; upward trend means outperforming. Gray line is 50-day MA—breaking above signals strength. Blue Dot: Blue circle appears for RS leading price new highs (like a "coiled spring"), indicating potential low-risk entries. Confirm with: RS > 50-day MA and volume surge. Dashboard: RS Rating: Score 1–99; green (>80) for strong, yellow (50–80) neutral, red (<50) weak. RS Trend: Green "Strong" or red "Weak". Blue Dot: Blue "Present" or red "None". Interpretation Analogy: RS Rating is like a stock's "health score"—above 80 is an "athlete" worth tracking for breakouts; Blue Dot is a "green light," but pair with volume to confirm true breakouts (avoid fakes). 4. Usage Examples Screening Leaders: Add to AAPL chart—if RS Rating > 85 and Blue Dot appears, check if price nears VCP pivot; this is a low-risk buy setup. Trend Judgment: Rising RS line with M.E.T.S. Stage 2 (uptrend) confirms trend-following trades. Weight Tweaks: For defensive markets, raise XLV/XLU weights and recalculate RS Proxy. 5. Common Issues and Warnings Q: Indicator not showing? A: Verify ETF symbols (e.g., AMEX:XLK) or switch timeframes. Q: Inaccurate scores? A: Adjust periods/weights and backtest on historical data. Q: Avoiding false breakouts? A: Combine with volume and support/resistance; Blue Dot is a alert, not a buy signal. Warnings: Based on historical data; markets are volatile—use with other tools. Results are for reference only, not investment advice. Test in a demo account.
Pine Script® indicator
by Kuokkuok0503
20MA_Touch_LongCandle//@version=5 indicator("MA20 Touch + Big Bull Candle (Daily)", overlay=true) // --- Inputs maLen = input.int(20, "MA Length", minval=1) avgLen = input.int(20, "Avg Body Lookback", minval=5) bigMult = input.float(2.0, "Big Candle Multiplier", step=0.1) touchMode = input.string("Touch (low <= MA)", "MA Touch Mode", options= ) nearPct = input.float(0.3, "Near % (if Near mode)", step=0.1) // 0.3% default // --- MA ma20 = ta.sma(close, maLen) plot(ma20, "MA20", linewidth=2) // --- Candle metrics body = math.abs(close - open) avgBody = ta.sma(body, avgLen) // --- Conditions isBull = close > open isBig = body >= avgBody * bigMult touchCond = switch touchMode "Touch (low <= MA)" => low <= ma20 and high >= ma20 // '찍었다' 느낌(통과 포함) => math.abs(close - ma20) / ma20 * 100 <= nearPct signal = isBull and isBig and touchCond // --- Plot plotshape(signal, title="Signal", style=shape.labelup, text="MA20 BIG", location=location.belowbar, size=size.tiny) // --- Alert alertcondition(signal, title="MA20 Touch + Big Bull", message="MA20 Touch + Big Bull Candle detected on {{ticker}} (Daily)")
Pine Script® indicator
by jaydix