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Moving Averages

Liquidity Aggregation MALiquidity Aggregation MA Designed to assess liquidity conditions by aggregating data from various economic indicators (Fed Liquidity, PBOC Liquidity, Inverse Volatility, and Inverse USD Strength) and visualizing them with moving averages (EMA and SMA). It is tailored for high beta assets like Bitcoin (cryptocurrency). Key Features: Liquidity Inputs: Utilizes custom ticker combinations (e.g., FRED:WALCL, ECONOMICS:CNFER) with optional inclusion of Fed Liquidity, PBOC Liquidity, Inverse Volatility (MOVE Index), and Inverse USD Strength (DXY). Customizable Inputs: EMA (default 55) and SMA (default 200) lengths. Plot styles (Wave, Pulse, Classic) with glow effect and wave intensity options. Strength display mode (Percentage or Absolute) with adjustable max strength thresholds. Table position, size, and color intensity settings. Visualization: EMA and SMA lines with dynamic colors (teal for bullish "RISK ON", magenta for bearish "RISK OFF") based on signal strength. Fill between lines with transparency adjusting to signal strength. Wave or pulse effects for enhanced visual feedback. A table shows the liquidity signal and a 10-block gauge reflecting signal strength. Candles colored based on the liquidity signal. Usage: Helps traders evaluate liquidity-driven market trends across global financial systems. The signal strength gauge and color intensity indicate the magnitude of the liquidity shift. Suitable for overlay on a 1-day chart to monitor long-term liquidity impacts, as depicted in the Bitcoin/USD chart.
Pine Script® indicator
by QuantPablo
Crypto Trend StrengthCrypto Trend Strength Dashboard (11-Point System) Description: This indicator is a visually enhanced dashboard that evaluates 11 key technical signals to assess bullish momentum for crypto. Each condition is displayed in a easy reading table for quick interpretation and visual appeal. Signals include: Higher highs and higher lows Price above SMA18 and SMA365 SMA180 > SMA365 Positive slope on SMA180 and SMA365 RSI trending upward Ideal for traders who want a clean, at-a-glance summary of market strength without scanning multiple charts or indicators.
Pine Script® indicator
by elpapadoctor
1
BskLAB - Signals Assistant 🧠 BSKLab Signal Assistant™ – Modular Framework for Visual Technical Analysis BSKLab Signal Assistant™ is a modular and adaptive trading toolkit built for discretionary traders who want to combine multiple layers of technical confluence into their chart analysis. Rather than being a traditional indicator or mashup of public tools, this script is structured around a dual-mode architecture — allowing users to switch between two core signal-generation methodologies: Swing Mode for potential reversal detection Following Mode for trend-following analysis Each mode integrates custom-coded components, designed to help traders visualize market conditions, identify potential turning points, and confirm trends through calculated filters — without guaranteeing entries or exits. 🔁 Mode 1: Swing (Reversal-Based Analysis) Swing Mode is designed to detect areas where price may be overextended and at risk of reversal. This is achieved using a custom-built Zone Style system based on a Triangular Moving Average (TMA) and ATR-based band width adjustment. The goal is to identify dynamic support and resistance areas that adjust in real time based on recent volatility. Key Components in Swing Mode: TMA Zone + ATR: Acts as an adaptive reversal zone. The TMA provides smoothed structure, while the ATR adjusts the zone width according to recent volatility, helping avoid flat/static zones in fast-moving markets. Bollinger Bands: Used to detect price extremes. Price breaking beyond upper/lower bands in combination with zone behavior suggests possible exhaustion. Custom SuperTrend: Added as a momentum filter. Only if SuperTrend flips in the direction of the move will the script consider the movement meaningful — filtering out noise and false reversals. 🟢 A bullish setup may occur when price closes below the lower zone and Bollinger Band, then rebounds with SuperTrend flipping upward. 🔴 A bearish setup may occur when price breaks above the upper zone, then turns down while SuperTrend flips bearish. This mode is most effective during ranging markets or after impulsive moves. 📈 Mode 2: Following (Trend-Filtering Framework) Following Mode focuses on confirming and aligning with dominant market trends. At the core of this system is BSKLab Cloud, a custom trend engine inspired by Ichimoku logic but modified to use ATR-weighted zones and trend-level strictness scoring. Key Components in Following Mode: BSKLab Cloud: Provides real-time trend confirmation with three adjustable strictness levels (Lv1–Lv3). This allows users to choose whether to be more sensitive or conservative in their trend validation. Bollinger Bands: Help identify trend pullbacks. Price retesting the midline or outer zone can offer visual cues for entry areas within a trending structure. Custom SuperTrend (optional): Can be used to confirm trend continuation using ATR-based trailing logic. 🟢 In bullish trends, entry conditions may involve price staying above the cloud and breaking above a BB midline. 🔴 In bearish trends, price should remain below the cloud with breakdowns below BB support zones. This setup works best in trending environments and is designed to help avoid premature reversals. 🧩 Core Components Overview TMA Zone + ATR – Adaptive reversal zone calculation combining smoothed TMA and real-time volatility width from ATR Bollinger Bands – Measures statistical deviation from price mean to highlight OB/OS conditions SuperTrend (Custom) – ATR-based momentum filter for directional confirmation BSKLab Cloud – Modified trend filter inspired by Ichimoku, with trend-level scoring and strictness levels 📌 How It Works (In Summary) The BSKLab Signal Assistant does not generate automatic buy/sell calls. Instead, it visually presents dynamic zones, volatility ranges, and trend conditions to assist in manual analysis and discretionary decision-making. Users are encouraged to: Use each mode according to market type (ranging vs trending) Look for confluence between zone interaction, BB behavior, and trend alignment Combine this with other chart reading techniques or systems 📍 RISK DISCLAIMER Trading involves significant risk and is not suitable for everyone. All tools, scripts, and educational materials provided by BSKLab are for informational and educational purposes only. We do not offer financial advice. Past performance does not guarantee future results. Always trade responsibly 📍 CONCLUSION At BSKLab, we believe that consistent trading success doesn't come from indicators alone — it comes from the trader’s ability to apply them with context, discipline, and understanding. Tools are only as powerful as the hands they’re in. The goal of the BSKLab Signal Assistant is not to provide magic signals, but to empower traders with a clean, adaptive, and intelligent framework that helps identify high-probability opportunities while filtering out the noise. Whether you’re a beginner or experienced trader, this tool is designed to support real decisions in real markets — not just theory. You can request access below to join the BSKLab system and unlock our full trading suite.
Pine Script® indicator
by Bsklabfx
Jurik Moving Average🧠 Jurik Moving Average (JMA) — Ultra-Smooth Adaptive Trend Filter This indicator implements a precise non-repainting recreation of the Jurik Moving Average (JMA) — a high-performance smoothing algorithm known for its ability to reduce lag while preserving rapid response to price changes. It is ideal for traders seeking a responsive yet stable line for trend detection, dynamic support/resistance, or signal generation. ⚙️ Core Functionality At its heart, this indicator replicates the JMA logic as described in the original Jurik documentation, including: ✅ Adaptive smoothing based on price volatility. ✅ Variable phase shifting for forward/backward displacement. ✅ Power curve smoothing for dynamic control over responsiveness vs. smoothness. ✅ Volatility-aware band generation (optional). The core algorithm uses a Kalman-style recursive filter with dynamic coefficients, adjusting to market conditions in real-time. Unlike traditional MAs (EMA, WMA, etc.), this implementation uses: A volatility-normalized momentum engine to track price deviation (Kv factor). A recursive double-smoothing mechanism for noise suppression without lag. 📈 Inputs Length: Controls the base smoothing period. Phase Shift: Moves the curve forward or backward in time (−100 to +100), for signal anticipation or lag removal. Smoothing Power: Adjusts the sensitivity to price changes. Higher = smoother, lower = faster reaction. Source: Any input (close, hl2, etc.) to apply the filter on. Bands (optional): Dynamically generated adaptive envelopes based on real-time volatility. 🎯 How to Use Use the JMA line as a trend-following tool or dynamic support/resistance. Apply crossovers with price or other indicators for entries/exits. Enable the bands to observe overbought/oversold zones or potential breakout areas. Adjust phase to suit leading (anticipatory) or lagging (confirmation) strategies. This tool is particularly suitable for: Scalpers looking for precision in fast markets. Swing traders filtering noise from signals. Algorithmic systems needing high-fidelity moving averages.
Pine Script® indicator
by LePasha
UltraTrend Pro - Phoenix Engine EditionUltraTrend Pro – Phoenix Engine Edition Overview This is a technical analysis tool designed to help identify the current market trend and provide context on the market's "personality." It is built around a proprietary Phoenix Engine that analyzes price action to classify the market into distinct regimes—such as strong trends, weak trends, or choppy conditions—and then adapts its core algorithm accordingly. Technical Features The indicator is built on these main ideas: 1. The Phoenix Engine (Market Regime Classification):
Instead of using a one-size-fits-all approach, the Phoenix Engine constantly analyzes price volatility, strength, and stability to classify the current market into one of several regimes: * Strong Trend (Up/Down): Clear, high-momentum directional movement.
 * Medium/Weak Trend (Up/Down): Developing or fading directional movement.
 * Ranging: Sideways price action with low volatility.
 * Volatile: Large price swings but with no clear direction.
 * Choppy: Unpredictable, messy price action to be cautious of.
This classification is displayed in real-time in the on-screen "Market Regime Display."
 2. AI-Style Adaptive Trend Algorithm: When "AI-Style Adaptation" is enabled, the core trend-following algorithm automatically adjusts its own internal parameters (Sensitivity and Period) based on the regime detected by the Phoenix Engine. * In strong trends, it becomes less sensitive to ride the trend longer.
 * In choppy or volatile markets, it becomes more conservative to help filter out noise.
This allows the indicator to dynamically adapt its behavior to the ever-changing personality of the market.
 3. Adaptive Fibonacci TP/SL System: The indicator's Take Profit (TP) and Stop Loss (SL) levels can operate in two modes: * Standard Mode: Uses fixed Risk-Reward ratios set by the user.
 * Adaptive Mode: This is the AI-style feature. It analyzes the historical success rate of signals within the current market regime to calculate and display: * Adjusted TP/SL Levels: Levels are automatically widened or tightened based on what has historically worked best in that specific regime (e.g., wider TPs in strong trends, tighter TPs in ranging markets).
 * Success Probabilities: An estimated probability (%) of reaching each TP level is shown on the chart.
 * Expected Duration: An estimated time-to-target (in bars) is displayed for each TP, helping with trade management expectations.
 4. Built-in Backtest & Data Analysis Engine: To power the adaptive system, the indicator includes a powerful backtest engine that scans historical signals. It can operate in two modes: * Deep Historical Scan: Analyzes thousands of past candles to build a robust statistical baseline.
 * Recent Signals Only: Focuses only on the most recent signals within each regime, allowing the system to adapt more quickly to changing market character.
The results are displayed in a comprehensive on-screen "Backtest Statistics Table."
 5. Multi-Layered Filtering System: To qualify signals, the indicator allows for additional filters, including: * Dual Moving Averages: Ensure signals align with a broader market trend (e.g., above the 200 SMA).
 * Trading Session Filter: Restricts signals to specific user-defined trading hours.
 How to Use This Indicator 1. Use the Feature Control Panel: The settings menu has been simplified. The top sections allow you to quickly toggle major visual components on or off to customize your chart.
 2. Enable AI-Style Adaptation (Recommended): For the indicator to use the Phoenix Engine to its full potential, ensure "Enable AI-Style Adaptation" is checked.
 3. Observe the Market Regime Display: This on-screen table is your guide to the current market's personality. It tells you the detected regime, its strength, and how the indicator is adapting.
 4. Watch for Signals: A "BUY" or "SELL" signal indicates that the trend algorithm has detected a potential shift in direction.
 5. Assess Adaptive TP/SL Levels: When a signal appears, observe the on-chart TP levels. The displayed probabilities and expected durations provide valuable context for managing the trade. For example, a high-probability TP1 with a short duration might be a good scalping target.
 6. Use Tables for Deeper Insight: The "Backtest Statistics Table" provides a detailed breakdown of how signals have historically performed in each market regime, helping you decide which setups to trust more.
 Intended Use & Limitations * Recommended Assets: Designed for use on all assets. The Phoenix Engine's adaptive nature allows it to adjust to different market types automatically.
 * Timeframes: Can be used on all timeframes.
 Limitations: * This is a tool to support analysis. It does not generate automatic buy or sell advice.
 * The indicator is not a standalone strategy and does not guarantee results. Users are responsible for their own trading decisions.
 * Probabilities and statistics are based on historical data and do not predict future results.
 * Always use this tool in combination with your own analysis and a robust risk management plan.
 We believe that no indicator is a magic solution. Technical analysis tools provide value through their convenience, adaptability, and unique logic. Combining these elements can help a trader make more educated and planned decisions, hopefully contributing to their overall success.
Pine Script® indicator
by teamprofitsforex
Trend StrengthTrend Strength Dashboard (11-Point System) Description: This indicator is a visually enhanced dashboard that evaluates 11 key technical signals to assess bullish momentum for stocks and ETFs. Each condition is displayed in a easy reading table for quick interpretation and visual appeal. Signals include: Higher highs and higher lows Price above EMA21 and SMA200 SMA50 > SMA200 Positive slope on SMA50 and SMA200 RSI trending upward Ideal for traders who want a clean, at-a-glance summary of market strength without scanning multiple charts or indicators.
Pine Script® indicator
by elpapadoctor
1
HMA Trend Line (Croc Signal Line)HMA Trend Line (Croc Signal Line) — The Ultimate Hull Moving Average Trend Indicator Full English description here: What is the HMA Trend Line (Croc Signal Line)? The HMA Trend Line (Croc Signal Line) is a powerful, adaptive trend indicator for TradingView, based on the Hull Moving Average (HMA). This indicator is designed to help traders identify real market trends with less lag and reduced noise compared to traditional moving averages like SMA (Simple Moving Average) and EMA (Exponential Moving Average). Why use the HMA Trend Line? + Faster Trend Detection: The Hull Moving Average (HMA) responds more quickly to price action, giving you earlier buy and sell signals. + Smoother and Cleaner: It provides a visually clean trend line that avoids the choppiness of classic EMAs and SMAs. + Reduced Lag: The HMA Trend Line follows the market closer, helping you avoid late entries or exits and spot trend reversals sooner. + Dynamic Support and Resistance: Use the line as a dynamic support or resistance to manage trades and identify pullbacks or breakouts. What does “Croc Signal Line” mean? The “Croc” in Croc Signal Line stands for: + Clean + Responsive + Optimized + Curve This highlights the unique advantage of this indicator: a curve that is both fast-reacting and smooth, helping traders focus on real trends and filter out market noise. How does the Hull Moving Average (HMA) work? The HMA was developed by Alan Hull and uses weighted moving averages and a unique calculation to deliver both responsiveness and smoothness. Unlike standard moving averages, the HMA reacts faster to new price moves and avoids false signals in ranging or volatile markets. How to use the HMA Trend Line (Croc Signal Line) on TradingView? + Watch for price crossing above the trend line for potential bullish signals, and below for bearish signals. + Use on any timeframe: from 1-minute scalping to daily, weekly, or even monthly charts. + Works with all asset classes: Forex, stocks, indices, cryptocurrencies, commodities, and futures. + Combine with other indicators (like Stochastics, RSI, or volume) for confirmation and to build your unique trading strategy. + Adjust the Signal Line Period for your market and style: shorter periods for faster markets, longer for smoother trends. Who should use this indicator? + Day traders, swing traders, and long-term investors looking for reliable, actionable trend signals. + Anyone seeking a cleaner, more responsive alternative to the classic moving averages. + Traders who want a simple, visually clear way to filter out market noise and see real price direction. Disclaimer: This indicator is for educational and study purposes only. Please perform your own backtesting and analysis before using it in live trading. This script does not constitute financial advice. Use at your own risk. --------
Pine Script® indicator
by mesuon
Mickey's EMAMickey’s EMA is a lightweight, overlay indicator that combines two Exponential Moving Averages (EMAs) with automatic entry, stop-loss and target visual signals—plus dynamic JSON alerts for seamless webhook integration. It’s designed for both day-traders and swing-traders who want clear, on-chart cues and fully-customizable risk parameters. 🔍 Overview Dual EMAs (fast & slow) to capture trend changes. Automated “BUY” / “SELL” markers at every EMA crossover. Customizable Stop-Loss % and Target % levels, plotted as ❌ and 🎯 bubbles. “SL Hit (Custom)” if the opposite EMA crossover occurs before price touches your stop level. JSON-formatted alerts containing ticker, instrument type, timeframe, trend (“CE” for bullish, “PE” for bearish), and price—ready for webhooks. ⚙️ Inputs | Setting | Default | Description | | ------------------------ | ------- | ----------------------------------------------- | | **Fast EMA Length** | 20 | Period for the faster EMA. | | **Slow EMA Length** | 200 | Period for the slower EMA. | | **Price Source** | Close | Data series to calculate EMAs on. | | **Custom Stop Loss %** | 0.1% | Stop-loss level as a percentage of entry price. | | **Target %** | 0.5% | Profit-target level as a percentage of entry. | | **Show Entry/SL/Target** | ON | Toggle all entry, SL and target visuals. | 📊 What It Plots Fast EMA (blue) & Slow EMA (white) overlayed on price. BUY 🟢 label below bar when Fast EMA crosses above Slow EMA. SELL 🔴 label above bar when Fast EMA crosses below Slow EMA. ❌ (Custom) bubble at entry price if an opposite EMA crossover occurs before price hits your custom stop-loss. ❌ bubble at the stop-loss price when price actually breaches the stop level. 🎯 bubble at target price when price first reaches your profit-target level. 🔔 Alerts & Webhooks On-screen alert conditions “Mickey’s EMA → BUY” and “Mickey’s EMA → SELL” appear in the Create-Alert dialog. Dynamic JSON payload sent via alert() when a crossover fires, e.g.: { "script": "AAPL", "scriptType": "equity", "instrumentType": "NASDAQ", "timeframe": "5", "trend": "CE", "price": 174.25 } Use these alerts to integrate with bots, chat systems, manual, or any webhook-driven workflow. 🚀 Why Use Mickey’s EMA? Clarity & Precision: All signals appear exactly at the EMA or price-level of interest. Custom Risk Management: Define your own stop-loss and target percentages. Seamless Automation: Dynamic JSON alerts mean zero manual setup for webhooks. Versatile: Equally effective on intraday charts or daily/weekly timeframes. Add Mickey’s EMA to your TradingView chart today and get instant, aesthetically-pleasing guidance on trend entries, risk exits, and profit targets—all in one elegant overlay.
Pine Script® indicator
by MihitThakkar
Dynamic Fib Pro by Qabas Algo🔹 Dynamic Fib Pro by Qabas Algo Dynamic Fib Pro is an intelligent Fibonacci-based indicator that adapts to real market behavior by incorporating volatility and momentum into classic Fibonacci levels. This tool is ideal for traders who want realistic, responsive, and smart support/resistance zones rather than static levels. ⸻ 🚀 Key Features: • Adaptive Fibonacci Levels: Each level is dynamically adjusted based on current volatility and momentum strength, offering more relevant price zones. • Smart Trend Detection: Option to auto-detect trend using SMA20 vs SMA50 crossover or pure price action logic. • Volatility-Aware Scaling: Levels expand or contract depending on market volatility, avoiding rigid assumptions. • Momentum-Based Adjustment: Uses range and average price to assess strength and adjust levels accordingly. • Custom Styling: Choose from dashed, dotted, or solid lines, and control the max level displayed. • Optional Percentage Labels: View both classic and adjusted Fibonacci % next to each level (e.g., 61.8% → 78.4%). ⸻ 🎯 Use Case: This indicator is built for discretionary traders, swing traders, and scalpers who want to: • Identify meaningful dynamic support/resistance levels • React to price behavior in real time • Incorporate market volatility and strength into their strategy ⸻ ⚙️ Settings Overview: • Show Fibonacci Levels – Toggle main levels on/off • Max Level – Limit the highest level to keep the chart clean • Show Percentage Labels – View classic vs adjusted percentages • Use Moving Averages – Enable SMA20/50 trend filtering • Line Style – Choose between solid, dashed, or dotted ⸻ 📌 Notes: • Levels are calculated from the last 100 bars (High/Low range) • Adjustments use both current volatility and 50-bar momentum strength • The indicator updates in real time on each new bar ⸻ 🧠 Created with precision by Qabas Algo — designed to make Fibonacci smarter. If you like this tool, leave a comment or follow for more advanced indicators!
Pine Script® indicator
by Qabas_Algo
[Top] LHAMA Consolidation DetectorIntroducing the Low-High Adaptive Moving Average (LHAMA 🦙), a powerful tool designed to help traders visually distinguish between trending and consolidating market phases. Unlike traditional moving averages that can produce false signals in choppy markets, the LHAMA is engineered to flatten out during periods of consolidation and become more responsive when a clear trend emerges. This indicator's primary function is to act as a "Consolidation Detector." When the LHAMA line goes flat and adopts its "Flat Color," it serves as a clear visual cue that the market is range-bound. Conversely, when the line begins to slope and changes to its Bullish or Bearish color, it signals a potential breakout or the start of a new trend. How It Works The LHAMA is a type of adaptive moving average. Its adaptiveness is derived from a unique calculation that measures market "trendiness." It does this by tracking whether new highs or new lows are being made within a specified lookback period. In a Trending Market: When the price consistently makes new highs or lows, the indicator's responsiveness increases, causing the LHAMA to track the price much more closely and responsively. In a Consolidating Market: When the price is range-bound and fails to make new highs or lows, the responsiveness decreases significantly. This causes the LHAMA to flatten out and become less sensitive to minor price fluctuations, effectively filtering out market noise. Key Features Adaptive Calculation: The core engine of the indicator, which automatically adjusts its smoothing based on trend strength. Slope-Based Coloring: The line's color dynamically changes based on its slope, providing an at-a-glance view of market conditions: bullish, bearish, or flat. Multi-Line & Multi-Timeframe (MTF): You can enable up to six fully customizable LHAMA lines. Each line can be configured with its own length, colors, and can even be set to a different timeframe, allowing for comprehensive multi-timeframe analysis on a single chart. Volatility Clouds: Each LHAMA can display an optional cloud around it. The cloud's width is based on your choice of either the Average True Range (ATR) or Standard Deviation (StdDev), offering a visual representation of volatility. Volume Weighting: An option to incorporate volume into the adaptive calculation, making the LHAMA even more responsive during high-volume price movements. How to Use Identify Consolidation: The primary use case. A flat and consistently colored LHAMA line is a strong indication of a sideways or consolidating market. This can help traders avoid taking trend-following trades in choppy conditions. Confirm Trends: When the LHAMA begins to slope upwards or downwards and changes to its trend color, it can be used to confirm the direction and strength of a new trend. The steeper the slope, the stronger the momentum, and more solid the directional color. Dynamic Support & Resistance: Like other moving averages, the LHAMA can act as a dynamic level of support in an uptrend or resistance in a downtrend. The optional cloud can further define these zones. Multi-MA Ribbon Strategy: By enabling multiple LHAMAs with different lengths (e.g., Fibonacci sequence like 14, 21, 34, 55), you can create a ribbon. The expansion of the ribbon indicates a strong trend, while its contraction signals a weakening trend or consolidation. Settings Explained Enable 🦙 Line: A simple checkbox to turn each of the six LHAMA lines on or off. Length: The lookback period for the LHAMA calculation. Shorter lengths are more responsive, while longer lengths are smoother. Timeframe: Set a specific timeframe for each LHAMA. Leave blank to use the chart's current timeframe. Volume Weight: If checked, adds volume weighting to make the LHAMA more responsive to high-volume moves. Colors (Bullish, Bearish, Flat): Customize the colors for each market state. To only see the line during consolidation, set the Bullish and Bearish colors to 100% transparency. To hide the line during consolidation, set the Flat color to 100% transparency. Color Sensitivity: This is a crucial setting. Because price scales (tick sizes) vary widely between symbols, this setting allows you to adjust the sensitivity of the slope detection. A lower value requires a steeper slope to trigger a trend color, while a higher value is more sensitive. Recommended settings are provided in the input tooltip as a starting point: $5 Tick: 0.25 Sensitivity $1 Tick: 0.75 Sensitivity $0.25 Tick: 3 Sensitivity $0.01 Tick: 50 Sensitivity $0.005 Tick: 100 Sensitivity Cloud Settings: Show Cloud: Toggles the visibility of the volatility cloud around the LHAMA. Width Based On: Choose between "ATR" or "StdDev" to calculate the cloud's width. Cloud Length & Width: Set the lookback period and multiplier for the ATR/StdDev calculation to control the size of the cloud.
Pine Script® indicator
by TopTradesUA
JXMJXRS - T3 Stack Aligner (Smooth)The JXMJXRS - T3 Stack Aligner is a multi-timeframe trend confirmation tool that uses a smoothed moving average known as the T3. The T3 is built using six layers of exponential moving averages to reduce noise and lag while maintaining a smoother appearance than traditional moving averages. This indicator helps identify when multiple timeframes are aligned in the same direction, giving greater clarity on whether a trend is strong and consistent. The indicator plots a single T3 line on the chart and changes its colour depending on whether all selected timeframes are showing the same trend direction. This trend condition is based on either the slope of the T3 or a price comparison with the T3, depending on which method is selected. When all timeframes agree that the market is trending up, the line turns green. When they all agree that it is trending down, the line turns red. If the timeframes are not in agreement, the line appears grey. This helps traders avoid uncertainty during periods of mixed or unclear trend behaviour. The settings allow the user to control how the T3 line is calculated and how trend alignment is measured. The T3 Length setting adjusts how long the base smoothing period is, and the Smoothing Factor controls the weight used in the T3 calculation. The Trend Method lets the user choose between detecting trend direction by slope or by comparing price to the T3. Finally, four timeframes can be selected. All four must meet the trend condition for the green or red colour to appear. If even one timeframe is out of sync, the line will remain grey until alignment returns. This tool is designed for traders who want to stay aligned with the broader trend across multiple timeframes and filter out short-term noise. It does not provide signals but supports trend-following strategies by confirming direction with stronger confluence.
Pine Script® indicator
by jxmjxrs
DTC AIO [India] v2.0DTC AIO v2.0 – Advanced Technical Analysis Suite This indicator is a comprehensive dashboard designed specifically for Indian equities, providing traders with a unique blend of trend, volatility, volume, and earnings analytics—all in one panel. Key Features Multi-Timeframe Volatility Tables: Instantly view daily, weekly, and monthly Average Daily Range (ADR) values in a compact, color-coded table. Relative Volume (RVol) Panel: Displays real-time relative volume in crores, helping you spot unusual activity at a glance. Strength Gauge: A proprietary scoring system that quantifies the frequency and magnitude of price bursts, giving you a unique “Strength” score for each symbol. Earnings & Sales Table: Automatically fetches and displays quarterly EPS and sales data, with YoY and QoQ growth, color-coded for clarity. Theme-Aware Design: All tables and overlays adapt to dark or light chart themes for maximum readability. Customizable Watermark: Add your own signature, timeframe, and price change watermark to the chart, with full control over position and color. Sector & Industry Info: Instantly see the symbol’s sector and industry in the main metrics table. How It Works Trend & Volatility: Uses a blend of moving averages (user-selectable type and length) and price/volume patterns to highlight actionable setups. Strength Gauge: Calculates a proprietary score based on the frequency and size of price bursts over multiple lookback periods. This algorithm is unique to this script and not available in open-source alternatives. Relative Volume: Compares current volume to historical averages, displaying the result in crores for Indian market conventions. Earnings Table: Fetches the last four quarters of EPS and sales, automatically calculating and color-coding YoY and QoQ growth. All tables and overlays are locked to price and update in real time. How to Use Add the indicator to your chart. Customize table positions, watermark, and theme via the settings panel. Use the dashboard to quickly assess trend, volatility, strength, and earnings for any Indian equity. Hover over table cells for tooltips and additional information. Why Closed Source? This script is closed-source due to the proprietary nature of the “Strength Gauge” algorithm and the integrated dashboard logic, which are not available in open-source scripts. The unique scoring and visualization methods provide a competitive edge for users. Notes Designed for Indian equities, but can be used on any symbol. All calculations are performed in real time and optimized for performance. For best results, use on daily or higher timeframes. If you have questions or feedback, please use the TradingView comments section.v
Pine Script® indicator
by rohit_trades212
1
Universal Valuation | Lyro RSUniversal Valuation ⚠️Disclaimer: This indicator is a tool for technical analysis and does not provide guaranteed results. It should be used in conjunction with other analysis methods and proper risk management practices. The creators of this indicator are not responsible for any financial decisions made based on its signals. Overview The Universal Valuation indicator helps identify whether the market is undervalued/cheap or overvalued/expensive. And another mode this indicator offers is This cutting-edge tool works flawlessly ACROSS ALL TIMEFRAMES & TICKERS/CHARTS. By combining regular TradingView indicators & some of our valuation indicators basic/simple with advanced statistical functions, this indicator offers a powerful, universal valuation tool. Key Features INPUTS: The Universal Valuation indicator offers flexibility through its customizable input sections. The "Indicator Settings" let you adjust lengths for the raw indicators and statistical functions. The "Signals" section defines thresholds for background color changes, helping you visually spot key market moments. The "Colors" section allows you to pick from pre-defined schemes or personalize colors for better clarity. Lastly, the "Tables" section gives you full control over the UV table’s size and positioning, including options to overlay it on the chart or place it in the allocated space. A DEEPER INSIGHT: This indicator is built around three distinct categories: "UVM Andromeda," "UVM Sentinel," and "UVM Nexus." Each category has three different drivers. The statistical function powering this indicator is the Z-score. The Z-score is an incredibly powerful tool that helps determine if the market is overvalued/expensive or undervalued/cheap, offering critical insights for traders." Plotting: The plotted value represents the average of all the drivers. In other words, it is the combined average of all 9 Z-scored indicators, providing a balanced and comprehensive market valuation. What is Z-score? & Why does this system use it? Z-score is an advanced statistical function used to measure how far a value deviates from the average in a data set. The formula for Z-score is: (x - h) / o, where x is the observed value, h is the average (mean) of the data set, and o is the standard deviation. This system uses the Z-score because it helps determine whether the market is overvalued or undervalued based on historical data and how we apply the calculation. By measuring how far a value deviates from the average, the Z-score provides a clearer and more objective valuation of market conditions. In our case, a Z-score of -3 indicates an undervalued market, while a Z-score of 3 signals an overvalued market. UVM Andromeda: UVM stands for Universal Valuation Model, which is the core of this indicator. Andromeda, one of the most stunning galaxies in the universe, inspired by its name. We chose this name because a powerful indicator should not only be effective but also visually appealing. You might be wondering what drives UVM Andromeda. The three key drivers are Price, RSI, and ROC. These indicators are pre-defined, while the "Indicator Settings" allow you to adjust the length of the Z-score calculation, refining how the model analyzes market conditions. UVM Sentinel: Sentinel, refers to a guard or watchman, someone or something that keeps watch and provides protection. In our case this name refers to a model that actively observes market conditions, acting as a vigilant tool that signals important shifts in valuation. Wondering what drives UVM Sentinel? The three key drivers are BB%, CCI, and Crosby. While these indicators are simple on their own, applying our Z-score function elevates them to a whole new level, enhancing their ability to detect market conditions with greater accuracy. UVM Nexus: We chose the name Nexus simply because it sounds cool—there’s no deeper meaning behind it for us. However, the word itself does have a meaning; it refers to a connection or link between multiple things. The three key drivers for UVM Nexus are the Sharpe, Sortino, and Omega ratios. These are all asset performance metrics, but by applying the Z-score, we transform them into powerful valuation indicators/drivers, giving you a deeper insight into market conditions. Why do we use 9 different indicators instead of 1? That's a great question, and the answer is quite simple. Think of it like this: if you have one super soldier, and they miss a shot, it’s game over. But if you have many soldiers, even if one misses, the others can step in and take the shot. The strength of using multiple indicators lies in their collective power – if one misses, the others still provide valuable insights, making the overall system more reliable. Final Thoughts: In our Universal Valuation indicator, you have the flexibility to customize it however you like using our inputs. The system is divided into three distinct categories, with each category containing three indicators. The value plotted on the chart is the average of all nine indicators. We apply the Z-score, an advanced statistical function, to each of these nine indicators. The final plotted average is the average of all the Z-scores, giving you a comprehensive and refined market valuation. This indicator can work on any timeframe & chart ticker.
Pine Script® indicator
by LyroRS
4
50/100 EMA Crossover with Candle Confirmation📘 **50/100 EMA Crossover with Candle Confirmation – Strategy Description** The **50/100 EMA Crossover with Candle Confirmation** is a trend-following strategy designed to filter high-probability entries by combining exponential moving average (EMA) crossovers with strong price action confirmation. This strategy aims to reduce false signals commonly associated with EMA-only systems by requiring a **candle close confirmation in the direction of the trend**, making it more reliable for intraday or swing trading across Forex, crypto, and stock markets. --- ### 🔍 **Core Logic** * The strategy is based on the interaction of the **50 EMA** (fast-moving average) and the **100 EMA** (slow-moving average). * **Trend direction** is determined by the crossover: * **Bullish Trend**: When the 50 EMA crosses **above** the 100 EMA. * **Bearish Trend**: When the 50 EMA crosses **below** the 100 EMA. * To **filter out false breakouts**, a **candle confirmation** is used: * For a **Buy signal**: After a bullish crossover, wait for a strong bullish candle (e.g., full-body green candle) to **close above both EMAs**. * For a **Sell signal**: After a bearish crossover, wait for a strong bearish candle to **close below both EMAs**. --- ### ✅ **Entry Conditions** **Buy Entry:** * 50 EMA crosses above 100 EMA. * Latest candle closes **above both EMAs**. * Candle must be bullish (green/full body preferred). **Sell Entry:** * 50 EMA crosses below 100 EMA. * Latest candle closes **below both EMAs**. * Candle must be bearish (red/full body preferred). --- ### 🛑 **Exit or Take-Profit Options** * **Fixed TP/SL**: 1:2 or 1:3 risk-reward. * **Trailing Stop**: Based on recent swing highs/lows or ATR. * **EMA Exit**: Exit trade when the candle closes on the opposite side of 50 EMA. --- ### ⚙️ **Best Settings** * **Timeframes**: 5M, 15M, 1H, 4H (works well on most). * **Markets**: Forex, Crypto (e.g., BTC/ETH), Indices (e.g., NASDAQ, NIFTY50). * **Recommended filters**: * Use with RSI divergence or volume confirmation. * Avoid using during high-impact news (especially on lower timeframes). --- ### 🧠 **Why This Works** The 50/100 EMA crossover provides a **medium-term trend signal**, reducing noise seen in fast EMAs (like 9 or 21). The candle confirmation adds a **momentum filter**, ensuring price supports the directional bias. This makes it suitable for traders who want a balance of trend and entry precision without overcomplicating with too many indicators. --- ### 📈 **Advantages** * Simple yet effective for identifying trends. * Filters out fakeouts using candle confirmation. * Easy to automate in Pine Script or other trading bots. * Can be combined with support/resistance or SMC zones for better confluence. --- ### ⚠️ **Limitations** * May lag slightly in ranging markets. * Late entries possible due to confirmation candle. * Works best with additional volume or volatility filter.
Pine Script® indicator
by freefeeltrader
52SIGNAL RECIPE Bollinger Bands & Fibonacci Spike Signal Matrix====== 52SIGNAL RECIPE Bollinger Bands & Fibonacci Spike Signal Matrix ====== ◆ Overview 52SIGNAL RECIPE Bollinger Bands & Fibonacci Spike Signal Matrix is an advanced multi-band indicator that integrates Bollinger Bands, Fibonacci levels, and ATR-based Spike signals (for detecting bullish/bearish pressure and volatility surges). Built on a VWMA (Volume-Weighted Moving Average) foundation, it displays standard deviation bands, Fibonacci extension zones, multi-level expansions, and real-time bullish/bearish spike alerts alongside price labeling and color gradation. This tool is designed to help traders visually analyze and react to: - Key support/resistance zones - Overbought/oversold boundaries - Sudden directional volatility shifts (spikes) All parameters are customizable to suit a wide variety of trading strategies and styles. ====== ◆ Key Features ====== - Multi-structured Bollinger Bands: VWMA-based center line with ± standard deviation bands and multiple levels of outer extension (+10% to +50%) - Integrated Fibonacci Bands: Levels at 23.6%, 38.2%, 50%, 61.8%, and 78.6% above and below the center line - ATR-based Spike Signal Alerts: Automatically detects sudden bullish/bearish volatility surges and triggers directional warning labels (“Bullish Spike Warning” or “Bearish Spike Warning”) - Real-Time Price Labels & Visual Gradation: Each important band and level includes live price labeling and color-coded zone visualization - Fully Adjustable Parameters & Panel Display Options: All inputs and visual elements can be toggled or customized ====== ◆ Technical Basis ====== ■ Bollinger Bands & Multi-Extension - Center Line: VWMA (Volume-Weighted Moving Average) - Bands: ± Standard deviation (default 2.5), with extensions in +10% increments up to +50% - Extension Zones: Reveal reactions to high volatility or trend continuation ■ Fibonacci Bands - Symmetrical expansion from center line using Fibonacci ratios - Visually highlights layered historical retracement zones and price clustering ■ ATR-Based Spike Signal - Adaptive to chart timeframe (ATR Length & Multiplier auto-adjusted) - Spike alerts triggered when price exceeds upper/lower ATR bands - One signal per X bars to filter noise (interval adjustable) ■ Live Visual Labeling & Color Gradients - Intelligently labeled bands with dynamic color shading between levels - Helps clarify price geometry and zone importance ====== ◆ Practical Applications ====== ■ Spike Signal Interpretation - Bullish Spike Warning — Market plunged below ATR range → Potential oversold rebound signal - Bearish Spike Warning — Market surged above ATR range → Potential overbought reversal signal ■ Band & Level Interaction - Ripple behavior between Fibonacci levels signals trend momentum/weakness - Penetration through outer expansion bands flags possible trend strength or volatility spikes ■ Integrated Trading Strategies - Reversal Trades: Bounces between extension and Fibonacci levels - Breakout Confirmation: Spike signals backing breakout moves - Directional Bias: Trend-following confirmation when price exceeds multiple zones ====== ◆ Advanced Setting Options ====== All parameters can be fine-tuned for your trading strategy, market, and timeframe. ■ Bollinger Band Period _Default:_ 20 _Description:_ Number of bars for VWMA and standard deviation. Shorter (10–14): faster but noisier. Longer (30–50): smoother, better for trend analysis. ■ Standard Deviation Multiplier _Default:_ 2.5 _Description:_ Controls main band width. Lower values (1.5–2.0): More signals, higher sensitivity. Higher values (2.5–3.0): Fewer signals, higher reliability. ■ Band Extension Ratios _Default:_ +10%, +20%, +30%, +40%, +50% _Description:_ Amount to expand beyond standard bands. Used for detecting extended zones or extreme price movement areas. ■ ATR Length _Default:_ Auto depending on timeframe (typically 14–30) _Description:_ Period for calculating ATR. Shorter: Reacts faster, more sensitive. Longer: Smoother, filters short noise. ■ ATR Multiplier _Default:_ Auto (1.75 to 2.8) _Description:_ Sets the threshold for Spike signals. Lower: More frequent but smaller spikes. Higher: Triggers fewer but stronger signals. ■ Fibonacci Levels _Default:_ 0.236, 0.382, 0.5, 0.618, 0.786 _Description:_ Determines how far Fibonacci bands extend from the center. Aids in identifying key retracement and reaction points. ■ Spike Signal Interval _Default:_ 7 bars _Description:_ Minimum bar separation between consecutive spike signals. Prevents signal overflooding from consecutive candles. ■ Labels & Coloring Display _Toggle ON/OFF_ Show/hide all price labels and visual zone shading. Useful for decluttering or focusing on strategy testing. Try adjusting these inputs based on your strategy and market conditions. Optimize for scalping, swing trading, day trading, or investing by testing different lengths, bands, and spike sensitivities. ====== ◆ Indicator Synergies ====== - Combine with moving averages, RSI, or MACD for breakout filters - Use with support/resistance lines or Fibonacci retracements to validate critical zones - Pair with Keltner Channels, ATR Bands, or volume-based tools for enhanced volatility tracking ====== ◆ Conclusion ====== 52SIGNAL RECIPE Bollinger Bands & Fibonacci Spike Signal Matrix offers a cohesive framework that connects price level analysis, trend structure, and volatility-driven directional signals—all in one indicator. It’s not just a visualization tool, but a decision-support system for both reactive trade entries and proactive risk management. With full parameter adjustability and a clear structural layout, it empowers traders to adapt across assets, timeframes, and strategies—efficiently and confidently. ====== ◆ Disclaimer ====== This indicator is for informational and educational purposes only. Past performance does not guarantee future results. Always apply proper risk management. ====== 52SIGNAL RECIPE Bollinger Bands & Fibonacci Spike Signal Matrix ====== ◆ 개요 52SIGNAL RECIPE Bollinger Bands & Fibonacci Spike Signal Matrix는 볼린저 밴드, 피보나치 레벨, ATR 기반 스파이크 신호(상방/하방 압력 감지)를 결합한 고급 멀티 밴드 인디케이터입니다. VWMA(거래량 가중 이동평균) 기반 중심선 위에 표준편차 밴드, 피보나치 확장 레벨, 다중 확장 밴드, 실시간 상·하방 스파이크 경고(라벨)와 가격 레이블·컬러 그라데이션이 동시에 제공됩니다. 트레이더가 주요 지지/저항, 과매수·과매도, 급격한 변동성 스파이크(방향성 돌파)를 한눈에 시각적으로 분석할 수 있도록 디자인되었습니다. 모든 설정값은 트레이딩 스타일에 맞춰 자유롭게 조절 가능합니다. ====== ◆ 주요 특징 ====== - VWMA 기반 중심선과 표준편차 밴드(±), 10~50% 단계별 외곽 확장 - 피보나치 밴드: 중심선 기준 23.6%, 38.2%, 50%, 61.8%, 78.6% 상·하단 동시 표기 - ATR 기반 스파이크 신호: 강한 상·하방 변동성 구간 실시간 감지(‘Bullish Spike Warning’, ‘Bearish Spike Warning’ 라벨) - 실시간 가격 레이블 & 컬러 구간 구분 - 밴드/변동성/피보나치/시각 옵션 등 설정 완전 자유화 ====== ◆ 기술적 기반 ====== ■ 볼린저 밴드/확장 - VWMA 중심선, ± 표준편차 밴드(기본 2.5), 단계별 외곽 확장(10~50%) ■ 피보나치 밴드 - 중심선 기준 대칭 배치(0.236, 0.382, 0.5, 0.618, 0.786) ■ ATR 기반 스파이크 신호 - 차트 주기에 자동 최적화(ATR 기간/배수), 상단·하단 ATR 밴드 돌파 시 스파이크 라벨 - 반복 신호 방지(신호 간격 조정 가능) ■ 실시간 레이블 & 컬러 그라데이션 - 주요 밴드, 피보나치, 확장 레벨별 가격 표시 및 구간 별도 색상 ====== ◆ 실용적 응용 ====== ■ 스파이크 신호 해석 - Bullish Spike Warning: 과매도 구간(강한 하락 후 단기 반등 가능성) - Bearish Spike Warning: 과매수 구간(급등 이후 단기 되돌림 가능성) ■ 밴드 & 레벨 시그널 - 피보나치 레벨 간 파동/추세 강도 진단 - 외곽 확장 밴드 돌파 시 강한 추세 혹은 변동성 집중 구간 인식 ■ 통합 트레이딩 전략 - 주요 밴드·피보나치 간 바운스, 전환 패턴 기반 반전매매 - 스파이크 신호와 결합한 돌파 추종·추세 확정 대응 - 다중 구간 통과 시 방향성 강화 신호 등급별 분할 대응 ====== ◆ 고급 설정 옵션 ====== 트레이딩 스타일, 차트 주기, 시장 환경에 따라 모든 항목을 직접 조정할 수 있습니다. ■ 볼린저 밴드 기간 (Bollinger Band Period) 기본값: 20 VWMA 및 표준편차 산출에 적용할 캔들 수 짧게(10~14): 신호 빠르며 노이즈 많음 길게(30~50): 깔끔한 추세 중시 ■ 표준편차 계수 (Standard Deviation Multiplier) 기본값: 2.5 밴드 폭 조절 1.5~2.0: 민감, 많이 신호 2.5~3.0: 신뢰도 높고 드문 신호 ■ 밴드 확장 비율 (Band Extension Ratios) 기본값: 10%, 20%, 30%, 40%, 50% 기본 밴드에서 외곽 확장 단계 극단 변동성, 피로구간 등 감지 ■ ATR 기간 (ATR Length) 기본값: 자동(보통 14~30) ATR 산출 캔들 수 짧을수록 민감, 길수록 부드러움 ■ ATR 배수 (ATR Multiplier) 기본값: 자동(1.75~2.8) 스파이크 신호 감지 문턱값 낮게: 잦고 약한 신호 높게: 드문 강한 신호 ■ 피보나치 레벨 (Fibonacci Levels) 기본값: 0.236, 0.382, 0.5, 0.618, 0.786 중심선으로부터 각 밴드 거리 주요 지지/저항, 파동구조 세분화 ■ 스파이크 신호 간격 (Spike Signal Interval) 기본값: 7 연속적 신호 과다 방지용 최소 캔들 수 높을수록 과발생 차단 ■ 레이블/채색 표시 (Labels & Coloring) On/Off 가격 레이블·영역 컬러 표시 ON/OFF 시장/전략별로 세부 세팅을 바꿔가며 직접 테스트 해보세요! ====== ◆ 시너지 활용 ====== - 이동평균, RSI, MACD 등과 조합시 신호 필터링 - 기존 수평 지지/저항, 피보나치 리트레이스먼트 등과 병용 - ATR, 켈트너밴드, 거래량 등과 복합 분석 가능 ====== ◆ 결론 ====== 52SIGNAL RECIPE Bollinger Bands & Fibonacci Spike Signal Matrix는 가격 구조, 변동성 이벤트, 방향성 신호를 하나로 통합한 고급 매매 지원 시스템입니다. 스캘핑, 스윙, 포지션 트레이딩 등 다양한 전략에 맞게 모든 파라미터를 세밀하게 조율할 수 있습니다. 현대 트레이딩 환경에 최적화된 정밀 결정 지원 도구로 활용하세요. ====== ◆ 면책 조항 ====== 본 지표는 정보 제공 및 교육 목적입니다. 과거 실적이 미래의 수익을 보장하지 않으므로 반드시 철저한 리스크 관리를 병행하세요.
Pine Script® indicator
by five2ventures
20-Day SMA BIAS%20-day Bias is a commonly used indicator in technical analysis. It is used to measure the gap between the stock price and its 20-day moving average to determine whether the stock price deviates from the normal state and whether there is an overbought or oversold phenomenon. How to calculate the 20-day deviation value: The calculation formula of the deviation rate is: ((closing price of the day - 20-day moving average price) / 20-day moving average price) * 100%. Interpretation of 20-day deviation value: Positive deviation rate: Indicates that the stock price is higher than the 20-day moving average, which means that the stock price is high and may face correction pressure. Negative deviation rate: Indicates that the stock price is lower than the 20-day moving average, which means that the stock price is low and there may be a rebound opportunity. Absolute value of the deviation rate: The larger the absolute value, the higher the deviation of the stock price, and the higher the degree of overbought or oversold. Apply the deviation rate to determine the buying and selling opportunities: Positive deviation rate is too large: When the positive deviation rate of the stock price from the 20-day moving average is too large, and the stock price is already at a high level, this may be a sell signal. Negative deviation rate is too large: When the negative deviation rate of the stock price from the 20-day moving average is too large, and the stock price is already at a low level, this may be a buy signal. Stock price fluctuates around the moving average: Stock price usually fluctuates around the moving average and adjusts after over-rising or over-falling. Practical operation suggestions: The standards of the market and individual stocks are different: When the positive and negative deviation rate of the market and the quarterly line is greater than 5%, there is a greater chance of correction; large-cap stocks are between 5% and 10%; small and medium-sized stocks may be above 15% to 20%. Combined with other indicators: The deviation rate is only one of the technical analysis indicators. It is recommended to combine it with other indicators, such as KD indicators, RSI, etc., to make a comprehensive judgment and improve accuracy. Reference to historical experience: You can refer to the situation where the deviation rate of the stock was too large in the past to determine whether the current deviation rate is also too large. Summary: The 20-day deviation value is an indicator to determine whether the stock price is overbought or oversold, which can help investors determine the timing of buying and selling, but it needs to be combined with other indicators and historical data, and adjusted according to market conditions.
Pine Script® indicator
by hkai3007
10/20 MA Coil: Progressive Colors & Multi-Day BreakoutThis indicator detects price “coil” setups and highlights potential breakout or breakdown opportunities using moving average alignment and volatility compression. Features: • Coil Detection: • Identifies consolidation when: • The 10 and 20 MAs are tightly aligned (within user-defined tolerance) • Price is above both MAs and within 1.5x ADR of them • The 50 MA is rising • Progressive Coil Coloring: • Coil candles are colored in progressively darker orange as the streak continues • Bullish Breakout Signal: • Triggers when a green candle follows a coiled bar • The candle’s body must be greater than or equal to 1 ATR • Colored lime green • Bearish Breakdown Signal: • Triggers when a red candle follows a coiled bar • The candle’s body must be greater than or equal to 1 ATR to the downside • Colored black • Custom Candle Rendering: • Candle body color represents coil or breakout state • Wick and border are red or green to reflect price direction • Optional Debug Tools: • Coil streak, ATR, and distance from MAs can be plotted for deeper analysis This script is designed for traders looking to spot price compression and prepare for high-probability moves following low-volatility setups.
Pine Script® indicator
by suresh789