BAFD (Price Action For D.....s)🧠 Overview
This indicator combines multiple Moving Averages (MA) with visual price action elements such as Fair Value Gaps (FVGs) and Swing Points. It provides traders with real-time insight into trend direction, structural breaks, and potential entry zones based on institutional price behavior.
⚙️ Features
1. Multi MA Visualization (SMA & EMA)
- Plots short-, mid-, and long-term moving averages
- Fully customizable: MA type (SMA/EMA) and length per MA
- Dynamic color coding: green for bullish, red for bearish (based on close >/< MA)
2. Fair Value Gaps (FVG) Detection
Detects bullish and bearish imbalances using multiple logic types:
- Same Type: Last 3 candles move in the same direction
- Twin Close: Last 2 candles close in the same direction
- All: Shows all valid FVGs regardless of pattern
Gaps are marked with semi-transparent yellow boxes
Useful for identifying potential liquidity voids and retest zones
3. Swing Highs and Lows
- Automatically identifies major swing points
- Customizable sensitivity (strength setting)
Marked with subtle colored dots for structure identification or support/resistance mapping
📈 Use Cases
- Trend Identification: Visualize momentum on multiple timeframes
- Liquidity Mapping: Spot potential retracement zones using FVGs
- Confluence Building: Combine MA slope, FVG zones, and swing points for refined setups
🛠️ Customizable Settings
- Moving average type and length for each MA
- FVG logic selection and color
- Swing point strength
🔔 Note
This script does not generate buy/sell signals or alerts. It is designed as a visual decision-support tool for discretionary traders who rely on market structure, trend, and price action.
Moving Averages
Brian Shannon 5-Day MA BackgroundBrian Shannon 5-Day Moving Average with Dynamic Background Fill
OVERVIEW
This indicator implements Brian Shannon's renowned 5-Day Moving Average methodology from his acclaimed work "Technical Analysis Using Multiple Timeframes." The indicator provides instant visual clarity on short-term trend direction and momentum, making it an essential tool for swing traders and active investors.
KEY FEATURES
• True 5-Day Moving Average: Dynamically calculates the correct period across all timeframes (1min, 5min, 15min, 1H, etc.)
• Visual Price-to-MA Relationship: Color-coded fill between price and the moving average
- Green Fill: Price is above the 5-day MA (bullish short-term momentum)
- Red Fill: Price is below the 5-day MA (bearish short-term momentum)
• Multi-Timeframe Compatible: Works seamlessly on any chart timeframe while maintaining the true 5-day calculation
BRIAN SHANNON'S STRATEGIC APPLICATION
Primary Uses:
1. Trend Identification: Quickly identify short-term momentum shifts
2. Dynamic Support/Resistance: The 5-day MA acts as a moving support level in uptrends and resistance in downtrends
3. Entry Signal Confirmation: Look for pullbacks to the 5-day MA as potential entry points in trending stocks
4. Multi-Timeframe Analysis: Essential component of Shannon's multiple timeframe approach
Perfect Combination with:
• AVWAP (Anchored Volume Weighted Average Price): Use together to identify high-probability setups where price is above both the 5-day MA and AVWAP
• Longer-term Moving Averages: Combine with 20-day and 50-day MAs for complete trend analysis
• Volume Analysis: Confirm 5-day MA signals with volume patterns
TRADING APPLICATIONS
For Swing Traders:
• Bullish Setup: Price above 5-day MA + above AVWAP + above longer-term MAs = Strong uptrend
• Bearish Setup: Price below 5-day MA + below AVWAP + below longer-term MAs = Strong downtrend
• Entry Timing: Use pullbacks to the 5-day MA as entry opportunities in the direction of the primary trend
For Day Traders:
• Quick visual confirmation of intraday momentum
• Dynamic support/resistance levels for scalping opportunities
• Clear trend bias for directional trades
WHY THIS INDICATOR WORKS
Brian Shannon's approach emphasizes that the 5-day moving average represents the short-term sentiment of market participants. When price is consistently above this level, it indicates buyers are in control of short-term price action. Conversely, when price falls below, it suggests selling pressure is dominating.
The visual fill makes it immediately obvious:
• How far price is from the 5-day MA
• The strength of the current short-term trend
• Potential areas where price might find support or resistance
BEST PRACTICES
1. Never use in isolation - Always combine with longer timeframe analysis
2. Volume confirmation - Look for volume expansion on moves away from the 5-day MA
3. Multiple timeframe approach - Check higher timeframes for overall trend direction
4. Combine with AVWAP - Most powerful when both indicators align
INSTALLATION NOTES
This indicator automatically adjusts for any timeframe, ensuring you always get a true 5-trading-day moving average regardless of whether you're viewing 1-minute or hourly charts.
Based on the technical analysis methodology of Brian Shannon, author of "Technical Analysis Using Multiple Timeframes"
McGinley Dynamic debugged🔍 McGinley Dynamic Debugged (Adaptive Moving Average)
This indicator plots the McGinley Dynamic, a mathematically adaptive moving average designed to reduce lag and better track price action during both trends and consolidations.
✅ Key Features:
Adaptive smoothing: The McGinley Dynamic adjusts itself based on the speed of price changes.
Lag reduction: Compared to traditional moving averages like EMA or SMA, McGinley provides smoother yet responsive tracking.
Stability fix: This version includes a robust fix for rare recursive calculation issues, particularly on low-priced historical assets (e.g., Wipro pre-2000).
⚙️ What’s Different in This Debugged Version?
Implements manual clamping on the source / previous value ratio to prevent mathematical spikes that could cause flattening or distortion in the plotted line.
Ensures more stable behavior across all instruments and timeframes, especially those with historically low price points or volatile early data.
💡 Use Case:
Ideal for:
Trend confirmation
Entry filtering
Adaptive support/resistance visualization
Improving signal precision in low-volatility or high-noise environments
⚠️ Notes:
Works best when combined with volume filters or other trend indicators for validation.
This version is optimized for visual use—for signal generation, consider pairing it with additional logic or thresholds.
Bullish Bearish Signal with EMA Color + LabelsThis script generates clear BUY and SELL signals based on a combination of trend direction, momentum, and confirmation from multiple indicators. It is intended to help traders identify strong bullish or bearish conditions using commonly trusted tools: EMA 200, MACD, and RSI.
🔍 How it works:
The strategy combines three key elements:
EMA 200 Trend Filter
Identifies the long-term trend:
Price above EMA200 → Bullish trend bias
Price below EMA200 → Bearish trend bias
The EMA line is color-coded:
🔵 Blue for bullish
🔴 Red for bearish
⚪ Gray for neutral/unclear
MACD Crossover
Detects shifts in market momentum:
Bullish: MACD line crosses above signal line
Bearish: MACD line crosses below signal line
RSI Confirmation
Adds an extra layer of confirmation:
Bullish: RSI is above its signal line
Bearish: RSI is below its signal line
✅ Signal Logic:
BUY Signal appears when:
Price > EMA200
MACD crosses up
RSI > its signal line
SELL Signal appears when:
Price < EMA200
MACD crosses down
RSI < its signal line
Labels will appear on the chart to highlight these events.
🔔 Alerts:
The script includes alerts for both Buy and Sell conditions, so you can be notified in real-time when they occur.
📈 How to Use:
Best used in trending markets.
Recommended for higher timeframes (1H and above).
May be combined with other tools such as support/resistance or candlestick analysis.
⚠️ Disclaimer: This script is intended for educational purposes only and does not constitute financial advice or a trading recommendation.
Decimal EMAImagine you want a moving average line, but you want its "length" or "period" to be super precise, like 2.7 days instead of just 2 days or 3 days.
This script lets you do that. Here's the simple idea:
You Pick a Decimal Number: In the settings, you can type in a period with a decimal, say, 2.7.
The Script Does a Smart Blend:
It first calculates two regular EMAs: one for the whole number below your choice (EMA for 2 days) and one for the whole number above (EMA for 3 days).
Then, it cleverly mixes these two EMA lines. Since 2.7 is closer to 3 than to 2, it takes more from the "3-day EMA" and a bit less from the "2-day EMA." (Specifically, it takes 70% from the 3-day EMA and 30% from the 2-day EMA).
You Get a Decimal EMA Line: The result is a new EMA line that acts as if its period was exactly 2.7. This line is drawn on your chart.
Why do this?
It allows for very fine-tuned adjustments to how responsive your moving average is, giving a smoother change if you're testing slightly different period lengths.
In Short:
This script calculates an EMA for a period like "2.7" by intelligently blending the results of an EMA for "2" and an EMA for "3".
Price equilibrium between buyers and sellers [Soroush Rezaei]This indicator visualizes the dynamic balance between buyers and sellers using two simple moving averages (SMAs) based on the high and low prices.
The green line (SMA of highs) reflects the upper pressure zone, while the red line (SMA of lows) represents the lower support zone.
When price hovers between these two levels, it often signals a state of temporary equilibrium — a consolidation zone where buyers and sellers are relatively balanced.
Use this tool to:
Identify ranging or balanced market phases
Spot potential breakout or reversal zones
Enhance your multi-timeframe or price action strategy
Recommended for intraday and swing traders seeking visual clarity on market structure and momentum zones.
Dr Avinash Talele momentum indicaterTrend and Volatility Metrics
EMA10, EMA20, EMA50:
Show the percentage distance of the current price from the 10, 20, and 50-period Exponential Moving Averages.
Positive values indicate the price is above the moving average (bullish momentum).
Negative values indicate the price is below the moving average (bearish or corrective phase).
Use: Helps traders spot if a stock is extended or pulling back to support.
RVol (Relative Volume):
Compares current volume to the 20-day average.
Positive values mean higher-than-average trading activity (potential institutional interest).
Negative values mean lower activity (less conviction).
Use: High RVol often precedes strong moves.
ADR (Average Daily Range):
Shows the average daily price movement as a percentage.
Use: Higher ADR = more volatility = more trading opportunities.
50D Avg. Vol & 50D Avg. Vol ₹:
The 50-day average volume (in millions) and value traded (in crores).
Use: Confirms liquidity and suitability for larger trades.
ROC (Rate of Change) Section
1W, 1M, 3M, 6M, 12M:
Show the percentage price change over the last 1 week, 1 month, 3 months, 6 months, and 12 months.
Positive values (green) = uptrend, Negative values (red) = downtrend.
Use: Quickly see if the stock is gaining or losing momentum over different timeframes.
Momentum Section
1M, 3M, 6M:
Show the percentage gain from the lowest price in the last 1, 3, and 6 months.
Use: Measures how much the stock has bounced from recent lows, helping find strong rebounds or new leaders.
52-Week High/Low Section
From 52WH / From 52WL:
Show how far the current price is from its 52-week high and low, as a percentage.
Closer to 52WH = strong uptrend; Closer to 52WL = possible value or turnaround setup.
Use: Helps traders identify stocks breaking out to new highs or rebounding off lows.
U/D Ratio
U/D Ratio:
The ratio of up-volume to down-volume over the last 50 days.
Above 1 = more buying volume (bullish), Below 1 = more selling volume (bearish).
Use: Confirms accumulation or distribution.
How This Table Helps Analysts and Traders
Instant Trend Assessment:
With EMA distances and ROC, analysts can instantly see if the stock is trending, consolidating, or reversing.
Momentum Confirmation:
ROC and Momentum sections highlight stocks with strong recent moves, ideal for momentum and breakout traders.
Liquidity and Volatility Check:
Volume and ADR ensure the stock is tradable and has enough price movement to justify a trade.
Relative Positioning:
52-week high/low stats show whether the stock is near breakout levels or potential reversal zones.
Volume Confirmation:
RVol and U/D ratio help confirm if moves are backed by real buying/selling interest.
Actionable Insights:
By combining these metrics, traders can filter for stocks with strong trends, robust momentum, and institutional backing—ideal for swing, position, or even intraday trading.
Best EMA FinderThis script, Best EMA Finder, is based on the same original logic as the Best SMA Finder I published previously. Although it was not the initial goal of the project, several users asked for an EMA version, so here it is.
The script scans a wide range of Exponential Moving Average (EMA) lengths, from 10 to 500, and identifies the one that historically delivered the most robust performance on the current chart. The choice to stop at 500 is deliberate: beyond that point, EMA curves tend to flatten and converge, adding processing time without meaningful differences in signals or outcomes.
Each EMA is evaluated using a custom robustness score:
Profit Factor × log(Number of Trades) × sqrt(Win Rate)
Only EMA lengths that exceed a user-defined minimum number of trades are considered valid. Among these, the one with the highest robustness score is selected and displayed on the chart.
A table summarizes the results:
- Best EMA length
- Total number of trades
- Profit Factor
- Win Rate
- Robustness Score
You can adjust:
- Strategy type: Long Only or Buy & Sell
- Minimum number of trades required
- Table visibility
This script is designed for analysis and optimization only. It does not execute trades or handle position sizing. Only one open trade per direction is considered at a time.
MTF MACD 4-Color Momentum System🎯 Overview
The MTF MACD 4-Color Momentum System is an advanced MACD indicator that provides crystal-clear momentum visualization through an innovative 4-color state system. Unlike traditional MACD indicators that only show positive/negative values, this indicator identifies four distinct market states to help traders make more informed decisions.
📊 Key Features
1. Four-State Color System:
🟢 Lime: Above zero + Rising (Strong Bullish Momentum)
🟢 Dark Green: Above zero + Falling (Weakening Bullish Momentum)
🔴 Red: Below zero + Falling (Strong Bearish Momentum)
🔴 Maroon: Below zero + Rising (Weakening Bearish Momentum)
2. Multi-Timeframe Analysis:
View higher timeframe MACD on lower timeframe charts
Confirm trends across multiple timeframes
Reduce false signals with multi-timeframe confluence
3. Flexible Display Options:
Three visualization styles: Histogram, Columns, or Line
Toggle individual color states on/off
Customizable colors and line widths
4. Advanced Features:
Optional histogram smoothing to reduce noise
Zero-cross alerts with visual markers
Color state change alerts
Real-time value display
Customizable signal line overlay
💡 How to Use
1. Momentum Identification:
Lime bars indicate strong upward momentum - ideal for long entries
Dark green suggests momentum is slowing - consider taking profits
Red bars show strong downward momentum - ideal for short entries
Maroon indicates potential reversal brewing - prepare for direction change
2. Zero Line Crosses:
Blue triangles mark bullish crosses above zero
Pink triangles mark bearish crosses below zero
Use these as confirmation signals with other indicators
3. Multi-Timeframe Confirmation:
Set to higher timeframe (e.g., 4H on 15m chart)
Look for alignment between timeframes before entering trades
Avoid trades against higher timeframe momentum
⚙️ Settings Guide
MACD Parameters:
Fast EMA: 12 (default) - Adjust for more/less sensitivity
Slow EMA: 26 (default) - Standard MACD setting
Signal: 9 (default) - Smoothing period
Display Customization:
Choose between Histogram, Columns, or Line display
Enable/disable specific color states
Adjust visual properties to match your chart theme
Alerts:
Zero cross alerts for trend changes
Color state alerts for momentum shifts
📈 Trading Strategies
1. Momentum Continuation:
Enter longs when MACD turns lime (above zero + rising)
Enter shorts when MACD turns red (below zero + falling)
Exit when color shifts to "weakening" state
2. Reversal Trading:
Watch for maroon in downtrends (potential bottom)
Watch for dark green in uptrends (potential top)
Confirm with price action and support/resistance
3. Multi-Timeframe Confluence:
Use daily MACD on 1H chart for trend direction
Enter on lower timeframe signals in direction of higher timeframe
Avoid counter-trend trades when higher timeframe shows strong momentum
🎓 Pro Tips
Combine with volume indicators for confirmation
Use with support/resistance levels for better entries
Enable smoothing in choppy markets to reduce false signals
Pay attention to divergences between price and MACD
⚠️ Risk Disclaimer
This indicator is for educational purposes only. Always use proper risk management and combine with other analysis methods. Past performance does not guarantee future results.
Hull Moving Average RibbonGradient Wave HMA - Multi-Ribbon Hull Moving Average System
Overview
The Gradient Wave HMA is an advanced technical indicator that transforms Alan Hull's Hull Moving Average (HMA) into a dynamic multi-layered ribbon system. Unlike traditional moving average ribbons that use simple or exponential calculations, this indicator applies Hull's innovative lag-reduction formula across 12 different timeframes simultaneously, creating a visually striking gradient effect that flows with market momentum.
Technical Foundation
This indicator is built upon the Hull Moving Average, developed by Alan Hull in 2005. The HMA uses a weighted moving average calculation designed to almost eliminate lag while maintaining curve smoothness:
HMA = WMA(2*WMA(n/2) − WMA(n), sqrt(n))
Credit: Alan Hull (www.alanhull.com)
Key Features
Multi-Period Ribbon Structure
12 individual HMA lines with customizable periods
Preset configurations for different trading styles:
Fast: 3-30 period range (scalping/intraday)
Swing: 8-55 period range (swing trading)
Position: 20-100 period range (position trading)
Custom: User-defined periods
2. Neon Gradient Visualization
Bullish Gradient: Transitions from blue-purple to hot purple
Bearish Gradient: Flows from hot pink to purple-pink
Each line has a unique color in the spectrum
Gradient fills between lines create depth and visual flow
3. Advanced Alert System
Trend Reversal Alerts: Notifies when ribbon changes direction
Price Breakout Alerts: Triggers when price crosses the ribbon
Compression Alerts: Signals potential breakouts during consolidation
Expansion Alerts: Confirms strong trending conditions
Momentum Surge Alerts: Catches explosive moves early
How It Works
The indicator calculates 12 Hull Moving Averages, each with a different period length. The trend direction is determined by the middle HMA (6th line), which triggers the color change across the entire ribbon. When trending up, the ribbon displays a purple gradient; when trending down, it shifts to a pink gradient.
Trading Applications
1. Trend Identification
Ribbon color indicates overall trend direction
All lines moving in sync confirms strong trend
Mixed signals suggest choppy or transitioning markets
2. Dynamic Support/Resistance
In uptrends, the ribbon acts as moving support
In downtrends, it provides resistance levels
Multiple layers offer various strength levels
3. Momentum Analysis
Expanding ribbon = Increasing momentum
Contracting ribbon = Decreasing momentum/consolidation
Ribbon angle indicates trend strength
4. Trading Example
Advantages Over Traditional MAs
Reduced Lag: Hull's formula provides faster response than SMA/EMA ribbons
Visual Clarity: Gradient effect makes trend changes immediately visible
Multiple Timeframes: 12 periods provide comprehensive market view
Flexibility: Presets adapt to different trading styles
Best Practices
Use higher timeframes (4H, Daily) for position trading
Combine with volume indicators for confirmation
Watch for ribbon compression before major moves
Consider overall market conditions when interpreting signals
Customization Options
Adjust individual HMA periods
Fine-tune transparency for different backgrounds
Choose between WMA and EMA base calculations
The Gradient Wave HMA combines Alan Hull's breakthrough moving average formula with modern visualization techniques to create a powerful trend-following tool that's both technically sophisticated and visually intuitive.
NoNoiseMA & SlopeHappy trade,
This is a noise-reduced moving average — let's call it the No-Noise MA. A MA where false breakout price action should have little to no impact, while the main trend remains fully represented. In comparison to previous MAs this one's trend appear more linear, and sideways price actions becomes easier to detect thanks to it's unique two filter stages.
In short, the No-Noise-MA (Noise-Reduced Moving Average) is calculated as the cumulative sum of the slopes derived from the center line of the last x pivot points. Let’s break it down step by step:
Pivot Detection:
A pivot algorithm (an adapted variant of the Bilson-Gann-Count method) identifies consecutive pivot points (high, low, high, low, etc.) in the close price series. Let's call this set of Pivots S.
Center Line Calculation:
Out of the set S the last x pivots are used to compute a center line (linear regression line). Always when a new pivot is confirmed, the oldest pivot in the queue is removed, and the new pivot is added.
Slope Extraction:
The center line is defined by its equation shown in the image below
Image 1
Cumulative Slope Sum:
As shown in the image 1 the slope is a series with values around zero. The No-Noise-MA is then just the cumulative sum of the slope series and a correction term. A correction term is needed otherwise the No-Noise-MA would run away over time from the original close price. The correction term is just the deviation between close price and cumulative slope sum multiply with a factor around 0.01 added to the No-Noise-MA.
Noise Reduction:
The goal of noise reduction is done by two filter stages. First Filter is the reduction of the input values. As shown above not all bars close prices are use, instead it uses just the pivot points delivered by the Bilson-Gann-Count method. Favorable the Bilson-Gann-Count method delivers the Pivot points in most cases much faster as other Pivot methods. Already after two bars a new Pivot is confirmed. This takes out all ups and downs between two consecutive Pivots. This first filter stage is legit because all price action in between is hedged by the Pivots.
The second filter stage is the done by the length of the center line. As more pivots are used to calculate the center line as smoother the slope becomes. Out liners just gets less impact if the base is bigger. So the number of involved Pivots has the same meaning as the lengths in any other MA.
Comparison with usual MAs:
For a comparison with other MAs this script also calculate the average lengths of the center line, shown in the upper right chart. So choose for example SMA and set the length parameter to the average length of the center line. As shown in the following image 2.
Image 2
This way both MAs have the same data base and can be objectively compared.
Trend detection:
The slope of the center line can be used for trend confirmation. A slope bigger then zero is an up trend while a slope smaller then zero is a down trend. And side way price action is indicated when the slope is around zero within a certain threshold.
Image 3
One hint should be mentioned here. The side way section gets indicated much later. About the number of bars as the center line is long. Before that there are just up or down trend predicted. In the image 2 you see the slope is firstly tin and as more bars past by the slope becomes more thick. This should indicate the point where no side way predictions will happens anymore.
Variation of calculation
In the settings menu you can find the setting "Include last close to center line". With this activated the center line is calculated with the last pivots and the last close price. The last close price is assumed as a pivot too. This gives the slope a more early reaction to volatile price action. But also brings back some noise.
Custom Paul MACD-likePaul MACD is an indicator created by David Paul. It is implemented to effectively represent trend periods and non-trend (sideways/consolidation) periods, and its calculation method is particularly designed to reduce whipsaw.
Unlike the existing MACD which uses the difference between short-term (12) and long-term (26) exponential moving averages (EMA), Paul MACD has a different calculation method. This indicator uses a "center value" or "intermediate value". Calculation occurs when this intermediate value is higher than the High value (specifically, the difference between the center and High is calculated) or lower than the Low value (specifically, the difference between the center and Low is calculated). Otherwise, the value becomes 0. Here, the High and Low values are intended to be smoothly reflected using Smoothed Moving Average (SMMA). The indicator's method itself (using SMMA and ZLMA) is aimed at diluting whipsaws.
Thanks to this calculation method, in sections where whipsaw occurs, meaning when the intermediate value is between High and Low, the indicator value is expressed as 0 and appears as a horizontal line (zero line). This serves to visually clearly show sideways/consolidation periods.
21-Day Trend Direction📈 21-Day Trend Direction Indicator
📊 How It Works:
🎯 Trend Detection Logic:
Analyzes last 21 daily candles
Calculates total price change from start to end
Compares against sideways threshold (default 2%)
Counts bullish vs bearish days
Tracks higher highs and lower lows
📈 Trend Classifications:
• 📈 UPTREND: Price change > +2% over 21 days
• 📉 DOWNTREND: Price change < -2% over 21 days
• ➡️ SIDEWAYS: Price change between -2% and +2%
💪 Trend Strength Levels:
• 🔥 Very Strong: >5% price change
• 💪 Strong: 3-5% price change
• 📊 Moderate: 1.5-3% price change
• 📉 Weak: <1.5% price change
🎨 Visual Features:
📋 Information Table Shows:
• Trend Direction with color coding
• Price Change % over 21 days
• Trend Strength classification
• Bull/Bear Days count
• Higher Highs/Lower Lows count
• Analysis Period (customizable)
📊 Chart Indicators:
• Trend Line (21-day moving average)
• Background Color for quick trend identification
• Trend Arrows (▲ ▼ ➡) on chart
• Customizable display options
⚙️ Customizable Settings:
🎯 Analysis Settings:
• Lookback Days: 5-50 days (default: 14)
• Sideways Threshold: 0.5-10% (default: 2%)
• Trend Strength: Low/Medium/High sensitivity
🎨 Display Options:
• Table Position: 9 different positions
• Table Size: Tiny to Large
• Show/Hide: Table, Trend Line, Background, Arrows
🚨 Alert Options:
• Trend Change to Uptrend
• Trend Change to Downtrend
• Trend Change to Sideways
This indicator gives you a clear, objective view of the 21-day trend with multiple confirmation signals! 🚀
SMA Zone with Breakouts/Tests 1.0.This indicator plots a dynamic “SMA Zone” between two simple moving averages (one applied to lows, one to highs) and highlights key interaction points with the zone:
Breakouts
Bull Break: price closes above the upper SMA
Bear Break: price closes below the lower SMA
Requires confirmation via either above-average volume or an unusually wide bar (spread > ATR) closing near its extreme
Tests & Retests
After a breakout, the first re-entry into the zone edge is labeled “Test,” subsequent re-entries are numbered “Retest,” “2nd Retest,” etc.
Zone Weakening: each additional Test/Retest signifies diminished zone strength—fewer reliable boundaries remain (Traditional S/R theory)
Alerts
Fires a unified “Zone Signal” alert on every Break, Test, and Retest (set condition to “Any alert() function call”).
Disclaimer:
This is not financial advice and should not be used as a standalone trading signal.
It’s designed to draw your attention to important price-zone interactions so you can manually tune in.
The logic can be further enhanced or combined with other indicators/algorithms as part of a more complex trading system.
Smooth BTCSPL [GiudiceQuantico] – Dual Smoothed MAsSmooth BTCSPL – Dual Smoothed MAs
What it measures
• % of Bitcoin addresses in profit vs loss (on-chain tickers).
• Spread = profit % − loss % → quick aggregate-sentiment gauge.
• Optional alpha-decay normalisation ⇒ keeps the curve on a 0-1 scale across cycles.
User inputs
• Use Alpha-Decay Adjusted Input (true/false).
• Fast MA – type (SMA / EMA / WMA / VWMA) & length (default 100).
• Slow MA – type & length (default 200).
• Colours – Bullish (#00ffbb) / Bearish (magenta).
Computation flow
1. Fetch daily on-chain series.
2. Build raw spread.
3. If alpha-decay enabled:
alpha = (rawSpread − 140-week rolling min) / (1 − rolling min).
4. Smooth chosen base with Fast & Slow MAs.
5. Bullish when Fast > Slow, bearish otherwise.
6. Bars tinted with the same bull/bear colour.
How to read
• Fast crosses above Slow → rising “addresses-in-profit” momentum → bullish bias.
• Fast crosses below Slow → stress / capitulation risk.
• Price-indicator divergences can flag exhaustion or hidden accumulation.
Tips
• Keep in a separate pane (overlay = false); bar-colouring still shows on price chart.
• Shorter lengths for swing trades, longer for macro outlook.
• Combine with funding rates, NUPL or simple price-MA crossovers for confirmation.
Hull MA Channel with Filtered CrossoversI've created an indicator that let's you create a HMA channel with 2 displaced HMA (A/B). As well as a HMA crossover set (C/D).
Here's how it works:
The HMA crossovers from C and D will not signal unless they are outside of the channel of A and B. As a matter of fact, NO buy signal whatsoever will occur above the channel and NO sell signal will occur below the channel.
The crossover HMA pair (C/D) can have their lengths adjusted to the 0.00 decimal point for VERY fine tuning of the crossovers.
(edit-it doesn't fine tune to the .00. This must not be a feature that is able to be utilized. I tried) The length adjustment still works to the nearest whole number. The .00 are mute :(
In keeping with that same logic, you can adjust the displacement of the channel independently to the 0.00 decimal, again for VERY fine tuning.
This is great for reversals while eliminating noise from false signals, keeping the chart nice and clean. Should be used in combination with other indicators for the best confirmations.
EMA5/21 + VWAP + MACD HistogramScript Summary: EMA + VWAP + MACD + RSI Strategy
Objective: Combine multiple technical indicators to identify market entry and exit opportunities, aiming to increase signal accuracy.
Indicators Used:
EMAs (Exponential Moving Averages): Periods of 5 (short-term) and 21 (long-term) to identify trend crossovers.
VWAP (Volume Weighted Average Price): Serves as a reference to determine if the price is in a fair value zone.
MACD (Moving Average Convergence Divergence): Standard settings of 12, 26, and 9 to detect momentum changes.
RSI (Relative Strength Index): Period of 14 to identify overbought or oversold conditions.
Entry Rules:
Buy (Long): 5-period EMA crosses above the 21-period EMA, price is above VWAP, MACD crosses above the signal line, and RSI is above 40.
Sell (Short): 5-period EMA crosses below the 21-period EMA, price is below VWAP, MACD crosses below the signal line, and RSI is below 60.
Exit Rules:
For long positions: When the 5-period EMA crosses below the 21-period EMA or MACD crosses below the signal line.
For short positions: When the 5-period EMA crosses above the 21-period EMA or MACD crosses above the signal line.
Visual Alerts:
Buy and sell signals are highlighted on the chart with green (buy) and red (sell) arrows below or above the corresponding candles.
Indicator Plotting:
The 5 and 21-period EMAs, as well as the VWAP, are plotted on the chart to facilitate the visualization of market conditions.
This script is a versatile tool for traders seeking to combine multiple technical indicators into a single strategy. It can be used across various timeframes and assets, allowing adjustments according to the trader's profile and market characteristics.
Juliano Einhardt Ulguim, Brazil, 05/27/2025.
Precision Entry Signals (RSI + MA12 Logic)Description:
This script provides precise entry signals based on a clean confluence of MA12 breakouts and RSI momentum, filtered by a VWMA (Volume-Weighted Moving Average) of the RSI.
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🔹 Long entry conditions:
- Candle opens below the 12-period MA and closes above it
- RSI crosses above its VWMA
- Previous candle is bearish (additional confirmation)
🔹 Short entry conditions:
- Candle opens above the 12-period MA and closes below it
- RSI crosses below its VWMA
- Previous candle is bullish
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Once a signal is confirmed, the script automatically draws:
Entry line (at close price)
Stop Loss line (just below recent lows for long, or above highs for short)
Take Profit 1 (1R)
Take Profit 2 (2R)
Labels are attached to the lines for clarity: ENTRY, SL, TP1, and TP2.
⚠️ Note: This tool only provides entry signals and visual risk/reward guidance. It does not manage exits dynamically. Manual trade management is recommended.
This script is intended for active intraday traders, especially on lower timeframes like 3-minute, 5-minute or 15-minute charts.
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🔧 Recommended companion indicator:
For better confirmation and visual tracking of the RSI/VWMA cross logic, it is strongly recommended to also use the companion script:
🔹 Relative Strength Index (with MA based cross signals)
→ Shows RSI and its moving average visually, with triangle plots on every valid cross.
→ Matches exactly the RSI/VWMA behavior used in this entry signal script.
📌 Important:
After adding the RSI script to your chart, make sure to set:
RSI Length = 14
MA Type = VWMA
MA Length = 20
This ensures it visually matches the logic used by the entry signal script.
Both indicators are fully open source and meant to be used together — especially when trading manually.
Moving Average Deviation Rate with MA TypeJapanese below / 日本語説明は下記
This indicator displays moving average deviation rate with the ability to select moving average type with signals and alerts.
Price and moving average have the characteristics that when the price moves away from the moving average, it moves back to the moving average.
Example:
In the chart below, when the deviation rate increases to 2%(green circle), price momentum gradually decreases and it moves back to the moving average.
Taking advantage of this characteristic, traders can make decisions to take profit and/or take contrarian trades.
Signals can be displayed either on main chart or sub chart when the deviation rate crosses over/under upper/lower band.
Alert can be set with the same condition as the signals.
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移動平均線乖離率を表示することのできるインジケーターです。
移動平均線タイプを選択できる他、乖離率とアッパーバンド/ロワーバンドとのクロスでシグナルを表示することができます。
価格と移動平均線には、価格が移動平均線から乖離すると、再び移動平均線まで戻ってくるという特徴があります。
この特徴を利用することで、トレーダーは利益確定のタイミングや逆張りでポジションを取るタイミングを図ることができます。
例
以下のチャートでは乖離率が2%付近(黄緑の丸)まで上昇すると、価格の上昇の勢いが衰えて再び移動平均線まで戻っていることが確認できます。
乖離率とアッパーバンド/ロワーバンドがクロスした時に、メインチャートまたはサブチャートのいずれかにシグナルを表示することが可能です。
また、同じ条件でアラートを設定することもできます。
Enhanced TEMA with Decimal PeriodsImagine you have a special type of moving average line called a TEMA (Triple
Moving Average). A TEMA is designed to be even quicker to react to price changes than a regular EMA (Exponential Moving Average), helping traders spot trends faster.
What this script does:
Super-Precise TEMA Length:
Normally, when you set the "length" or "period" for a moving average, you use whole numbers (like 10 days, 20 days).
This script lets you be more precise and use decimal numbers for the TEMA's length (like 26.0 days, or even 26.7 days). This allows for very fine-tuning.
How it gets the "Decimal" EMA part (if you choose to use it):
If you want a TEMA with a length of, say, 26.7:
The script first needs to calculate EMAs with a length of 26.7.
To do this, it cleverly calculates two regular EMAs: one with a length of 26 and another with a length of 27 (the whole numbers just below and above 26.7).
Then, it blends these two EMAs. Since 26.7 is closer to 27, it takes more from the "27-period EMA" and a bit less from the "26-period EMA." This mix gives you an EMA that acts like it has a 26.7 period.
Building the TEMA:
A TEMA isn't just one EMA. It's made by taking an EMA of an EMA, and then an EMA of that. It's like smoothing the line multiple times, but in a special mathematical way to make it faster.
So, this script:
-Calculates the first "decimal EMA" (e.g., for 26.7).
-Calculates another "decimal EMA" of that first EMA line (again, using 26.7).
-Calculates a third "decimal EMA" of the second EMA line (still using 26.7).
Finally, it combines these three EMAs using a special TEMA formula to get the final, quick-reacting TEMA line.
Option to Switch Off Decimals:
There's a setting ("Use Decimal Periods"). If you turn this off, the script will just use regular whole-number EMAs to build the TEMA (it will round down your decimal input, so 26.7 would become 26).
Plotting:
The final "Enhanced TEMA" line is drawn on your price chart.
In Simple Terms:
This script gives you a TEMA (a fast-moving average) that you can set up with very precise decimal lengths (like 26.7 instead of just 26 or 27).
It does this "decimal magic" by smartly blending two regular EMAs. You can also choose to use it like a normal TEMA with whole numbers if you prefer. The goal is to give traders a very responsive trend-following line that can be fine-tuned to a high degree of precision.
BVB dominance bars
Hello everyone, this is my first indicator. these candles shows you who's in control. I like to think its some what close to heikin ashi candles as it shows you the Trend but doesn't average it out. also shows you when there is indecision. please read the instructions on how it works. its not a stand alone strategy. but adds value to your own strategy.
📖 How It Works
The BvB Dominance Bars indicator is a visual tool that colors candles based on market control—whether bulls or bears are in charge. It uses a custom metric comparing the price's relationship to a smoothed moving average (EMA), then normalizes that difference over time to express relative bullish or bearish pressure.
Here’s the breakdown:
Bulls vs Bears Logic:
A short-term EMA (default: 14-period) is used to establish a midpoint reference.
Bull Pressure is calculated as how far the high is above this EMA.
Bear Pressure is how far the low is below this EMA.
These are normalized over a lookback period (default: 120 bars) to produce percentile scores (0–100) for both bulls and bears.
Dominance & Color Coding:
The indicator compares normalized bull and bear scores.
Candles are color-coded based on:
Bright Lime: Strong Bull Dominance (with high confidence)
Soft Lime/Yellow: Moderate Bull Control
Bright Red: Strong Bear Dominance
Soft Red/Yellow: Moderate Bear Control
Gray: Neutral/Low conviction
Optional Live Label:
A small floating label shows who has control: “Bull Control,” “Bear Control,” or “Neutral.”
🧠 How to Use It (Example Strategy)
The BvB Dominance Bars indicator is not a standalone buy/sell signal but a market sentiment overlay. It’s most effective when combined with your own strategy, like price action or trend-following tools.
Here’s an example use case:
🧪 Reversal Confirmation Strategy
Objective: Catch high-probability reversals during key kill zones or supply/demand levels.
Setup:
Mark your key support/resistance zones using your standard method (e.g., FVGs, liquidity sweeps, or ICT PD arrays).
Wait for price to reach one of these zones.
Watch candle colors from the BvB Dominance Bars:
If you expect a bullish reversal, wait for a transition from red/gray candles to lime green or bright lime (bullish dominance taking over).
If you expect a bearish reversal, look for a change from green/gray to red or bright red.
Entry Filter:
Only enter if the dominant color holds for 2+ candles.
Avoid trades when candles are gray or yellow (indecision/neutral).
Exit Option:
Exit if dominance shifts against you (e.g., from lime to red), or use structure-based stops.
⚙️ Settings You Can Adjust:
BvB Period: Controls how fast EMA responds.
Bars Back: Determines how long the normalization looks back.
Thresholds: Influence how strong the dominance must be to change candle color.
✅ Best Used When:
You already have a bias and just want a confirmation of sentiment.
You're trading intraday and want a feel for shifting momentum without relying on noisy indicators.
You want a clean, color-coded overlay to help filter out fakeouts and indecision.
5 DMA (Close Above) Buy5 DMA (Close Above) Buy
This indicator identifies momentum-based breakout signals when a green candle closes above the 5-day Simple Moving Average (5DMA) for the first time after price was previously below it.
🔹 Signal Logic:
The script plots a green arrow below the candle when a bullish candle (close > open) closes above the 5DMA
Signals are only shown once per trend leg
The signal resets only after price closes back below the 5DMA
🔔 Built-in Alerts:
Use the included alert condition: "Buy Alert" to be notified in real time whenever a valid signal occurs.
This tool is ideal for traders seeking simple price-action confirmations to catch early trend continuation after pullbacks.
Parabolic-Fibonacci MA ForecastThis indicator displays a series of projected price levels based on Fibonacci moving averages. For each selected Fibonacci period, it calculates a simple moving average (SMA) and mirrors the distance from the current price to that SMA in the opposite direction, creating a vertical forecast distance. These forecast distances are drawn forward into the future using geometric spacing (squared increments: 1², 2², 3², etc.), creating a fan-like or polyline visual structure.
Users can choose between three display modes:
Fan: Lines drawn from the current price to projected values at increasing intervals
Polyline: Forecast points connected to form a jagged projection path
Both: Displays both fan and polyline structures simultaneously
Options are provided to adjust the number of Fibonacci lines (up to 12), line width, and colors for lines above/below price or up/down slope.
This tool can help visualize directional price tendencies using multiple SMA-based forecasts in a spatially meaningful layout.
Leslie's EMA Ribbon: 5/9/21 + VWAPEMA + VWAP Crossover Indicator with Alerts
This script blends three Exponential Moving Averages (5, 9, 21) with VWAP to identify momentum shifts and volume-confirmed trend signals. It’s optimized for the Daily timeframe, but also adaptable to shorter-term trading.
🔍 Why this combination?
EMAs provide fast and reliable trend signals:
- 5/9 EMA crossover → short-term shifts (more frequent)
- 9/21 EMA crossover → swing confirmation (less noise)
- VWAP adds volume context used by institutions for fair value tracking.
- 9EMA crossing VWAP confirms price action supported by volume.
Together, these tools offer a multi-layered view of market momentum — combining speed, confirmation, and conviction.
⚙️ Features:
Clean plots with dynamic labels on latest bar
Adjustable line weights for clarity
Alerts included for all crossovers:
- 5EMA / 9EMA
- 9EMA / 21EMA
- 9EMA / VWAP
✅ How to Use:
- Best on the Daily timeframe
- Use 5/9 as early signals, 9/21 for trend filtering, and 9/VWAP for volume-backed setups
- Turn on alerts to stay informed of key shifts without staring at charts
