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Adaptive Trend CatcherAdaptive Trend Catcher is a custom-built indicator designed to help traders identify and follow market direction with precision. It combines adaptive trend logic with a Hull Moving Average base, ATR-driven dynamic bands, CCI filtering, and hysteresis to reduce false signals. Sensitivity automatically adjusts during high-volatility moves, and built-in alerts notify you instantly when bullish or bearish momentum shifts occur. This makes it a versatile tool for both day traders and swing traders looking to stay ahead of trend reversals in real time.
Pine Script® indicator
by Kerbox
Reversal Probability Meter PRO [optimized for Xau/Usd m5]🎯 Reversal Probability Meter PRO A powerful multi-factor reversal probability detector that calculates the likelihood of bullish or bearish reversals using RSI, EMA bias, ATR spikes, candle patterns, volume spikes, and higher timeframe (HTF) trend alignment. 🧩 MAIN FEATURES 1. Reversal Probability (Bullish & Bearish) Displays two key metrics: Bull % — probability of bullish reversal Bear % — probability of bearish reversal These are computed using RSI, EMAs, ATR, demand/supply zones, candle confirmations, and volume spikes. 📊 Interpretation: Bull % > 70% → Buying pressure building up Bull % > 85% → Strong bullish reversal confirmed Bear % > 70% → Selling pressure building up Bear % > 85% → Strong bearish reversal confirmed 2. Alert Probability Threshold Adjustable via alertThreshold (default = 85%). Alerts trigger only when probability ≥ threshold, and confirmed by zone + volume spike + candle pattern. 🔔 Alerts Available: ✅ Bullish Smart Reversal 🔻 Bearish Smart Reversal To activate: Right-click chart → “Add alert” → choose the alert condition from the indicator. 3. Demand / Supply Zone Detection The script determines the price position within the last zoneLook (default 30) bars: 🟢 DEMAND → Lower 35% of range (potential bounce zone) 🔴 SUPPLY → Upper 35% of range (potential rejection zone) ⚪ MID → Neutral area 📘 Purpose: Validates reversals based on context: Bullish only valid in Demand zones Bearish only valid in Supply zones 4. Higher Timeframe (HTF) Trend Alignment Reads EMA bias from a higher timeframe (default = 15m) for trend confirmation. Reversals against HTF trend are automatically weighted down prevents false countertrend signals. 📈 Example: M5 chart under M15 downtrend → Bullish probability is reduced. 5. Candle Confirmation Patterns Two key price action confirmations: Bullish: Engulfing or Pin Bar Bearish: Engulfing or Pin Bar A valid reversal requires both a candle confirmation and a volume spike. 6. Volume & ATR Spike Filters Volume Spike: volume > SMA(20) × 1.3 ATR Spike: ATR > SMA(ATR, 50) × volMult 🎯 Ensures that only strong market moves with real energy are considered valid reversals. 7. Reversal Momentum Histogram A color-gradient oscillator showing the momentum difference: Green = bullish dominance Red = bearish dominance Flat near 0 = neutral Controlled by showOscillator toggle. 8. Smart Info Panel A compact dashboard displayed on the top-right with 4 rows: Row Info Description 1 Bull % Bullish reversal probability 2 Bear % Bearish reversal probability 3 Zone Market context (DEMAND / SUPPLY / MID) 4 Signal Strength Current signal intensity (probability %) Dynamic Colors: 90% → Bright (strong signal) 75–90% → Yellow/Orange (medium) <75% → Gray (weak) 9. Sensitivity Mode Fine-tunes indicator reactivity: 🟥 Aggressive: Detects reversals early (more signals, less accurate) 🟨 Normal: Balanced, default mode 🟩 Conservative: Filters only strongest reversals (fewer but more reliable) 10. Custom Color Options Customize bullish and bearish colors via bullBaseColor and bearBaseColor inputs for your preferred chart theme. ⚙️ HOW TO USE Add to Chart → Paste the script into Pine Editor → “Add to chart”. Select Timeframe → Best for M5–M30 (scalping/intraday). → H1–H4 for swing trading. Monitor the Info Panel: Bull % ≥ 85% + Zone = Demand → Strong bullish reversal signal Bear % ≥ 85% + Zone = Supply → Strong bearish reversal signal Watch the Histogram: Rising green bars = bullish momentum gaining Deep red bars = bearish momentum gaining Enable Alerts: Right-click chart → “Add alert” Choose Bullish Smart Reversal or Bearish Smart Reversal 🧠 TRADING TIPS Use Conservative mode for noisy lower timeframes (M5–M15). Use Aggressive mode for higher timeframes (H1–H4). Combine with manual support/resistance or zone boxes for precision entries. Personally i use Order Block. Best reversal setups occur when all align: Bull % > 85% Zone = DEMAND Volume spike present Candle = Bullish engulfing HTF trend supportive
Pine Script® indicator
by aganac3
TAKA Auto Retrace + SL v4.2Automatically detects market trend and displays dynamic retracement zones for buy-the-dip and sell-the-rally setups, with an adaptive Stop-Loss line. ⸻ ⚙️ Logic Overview • Trend Detection: Based on the relationship between SMA 20 and SMA 60 • Uptrend → Blue zone (Buy the Dip) • Downtrend → Red zone (Sell the Rally) • Retracement Levels: Auto-draws Fibonacci 0.382 – 0.618 range • Stop-Loss Mode: Select from • Fib 0.786 (default) • Structure (last swing high/low) • ATR-based (volatility adaptive) ⸻ 🎯 How to Use 1️⃣ Add the indicator to your chart 2️⃣ Adjust len to fit the latest swing move 3️⃣ When price enters the zone, wait for a confirmation signal (arrow, BOS, MACD cross) 4️⃣ Enter after the 0.5 breakout 5️⃣ SL = auto-generated line  TP = 0.382 → 0.236 → 1.0 partial targets ⸻ 🧩 Recommended Combo N-Wave or Dow Theory × MACD × TAKA Retrace = “Wait on the zone, strike on the signal.” ⸻ Short version (for compact description): Auto trend detection via SMA 20/60. Draws Fibonacci 0.382–0.618 zones with adaptive Stop-Loss (Fib / Structure / ATR). Uptrend = Buy zone | Downtrend = Sell zone. ⸻ That fits TradingView’s description box and looks clean when published 市場トレンドを自動で判定し 「押し目買い」「戻り売り」ゾーンを自動表示 さらにボラティリティに対応した損切りラインも描画します ⸻ ロジック概要 • トレンド判定：SMA20とSMA60の関係で方向を判断 • 上昇トレンド → 青帯（押し目買い） • 下落トレンド → 赤帯（戻り売り） • リトレース描画：フィボナッチ0.382〜0.618を自動描画 • 損切り方式（選択可） • Fib 0.786（基本形） • Structure（直近高安） • ATR（ボラティリティ対応） ⸻ 使い方 1️⃣ チャートに追加 2️⃣ lenを調整し、直近のスイングに合わせる 3️⃣ 価格が帯に入ったらサイン（矢印・BOS・MACDクロス）を待つ 4️⃣ 0.5ライン突破でエントリー 5️⃣ SL＝自動ライン / TP＝0.382→0.236→1.0で分割利確 ⸻ 推奨組み合わせ N波動 or ダウ理論 × MACD × TAKA Retrace ＝「ゾーンで待ち、サインで撃つ」戦略
Pine Script® indicator
by UMIBOUZU_TAKA
🐬RSI_CandleRSI_Candle Calculates the RSI based on the open, high, low, and close prices, and displays it in the form of candles. The overbought and oversold zones are highlighted with background colors, which become darker as the RSI value approaches 100 or 0. ----- RSI_Candle RSI를 시가, 고가, 저가, 종가로 계산하여 캔들로 보여줍니다. 과매수/과매도 구간에서 배경색으로 보여주며, 100/0에 가까울수록 배경색이 짙어집니다. -----
Pine Script® indicator
by BossOfDolphinGang_
ADX - Globx Options & Futures 2.0The ADX Globx Options & Futures is a custom-built trend strength indicator designed to replicate and enhance the classic Average Directional Index (ADX) model, commonly used in professional trading platforms such as IQ Option. This version is optimized for options and futures trading, providing precise directional strength readings through adaptive smoothing and configurable parameters. Concept and Logic This indicator measures the strength of the current trend, regardless of its direction (bullish or bearish), by comparing directional movement between price highs and lows over a defined period. It uses three main components: +DI (Positive Directional Indicator): represents bullish strength. –DI (Negative Directional Indicator): represents bearish strength. ADX (Average Directional Index): measures the intensity of the prevailing trend, independent of direction. The script follows the original logic proposed by J. Welles Wilder Jr., but introduces enhanced smoothing flexibility. Users can choose between EMA (Exponential Moving Average) and Wilder’s RMA (Running Moving Average) for both DI and ADX calculations, allowing closer alignment with various platform implementations (IQ Option, MetaTrader, etc.). How It Works Directional Movement Calculation The script computes upward and downward movements (+DM and –DM) by comparing the differences in highs and lows between consecutive candles. Only positive directional changes that exceed the opposite side are considered. This ensures each bar contributes only one valid directional movement. True Range and Smoothing The True Range (TR) is calculated using ta.tr(true) to include price gaps—replicating how professional derivatives platforms account for volatility jumps. Both TR and DM values are smoothed using the selected averaging method (EMA or Wilder). Directional Index and ADX The smoothed +DI and –DI values are normalized over the True Range to form the Directional Index (DX), which measures the percentage difference between the two. The ADX is then derived by smoothing the DX values, providing a stable reading of overall market strength. Visual Representation The ADX (white line) indicates the overall trend strength. The +DI (dark blue) and –DI (dark red) lines show which side (bullish or bearish) is currently dominant. Reference levels at 20 and 25 serve as strength thresholds: Below 20 → Weak or sideways market. Above 25 → Strong and directional trend. Usage and Interpretation When ADX rises above 25, the market shows a strong trend — use +DI > –DI for bullish confirmation, or the opposite for bearish momentum. A falling ADX suggests decreasing trend strength and potential consolidation. The default parameters (ADX Length = 34, DI Length = 34, both smoothed by EMA) match IQ Option’s internal ADX configuration, ensuring consistency between platforms. Works on any timeframe or asset class, but is especially tuned for futures and options volatility dynamics. Originality and Improvements Unlike many open-source ADX indicators, this version: Recreates IQ Option’s 34-length EMA-based ADX calculation with exact parameter alignment. Provides selectable smoothing algorithms (EMA or Wilder) to switch between modern and classic formulations. Uses dark-theme-optimized visuals with fine line weight and subtle contrast for clean visibility. Maintains constant guide levels (20/25) rendered globally for precision and style compliance in Pine Script v6. Is fully rewritten for Pine Script v6, ensuring compatibility and optimized execution. Recommended Use Combine with trend-following systems or breakout strategies. Ideal for identifying market strength before engaging in options directionals or futures entries. Use the ADX to confirm breakout momentum or filter sideways markets. Disclaimer This script is for educational and analytical purposes. It does not constitute financial advice or a trading signal. Users are encouraged to validate the indicator within their own trading strategies and risk frameworks.
Pine Script® indicator
by enoccv_gxof
TAKA Unified Signal (iPad Safe v7 – bottom banner)A multi-logic unified signal combining: N-Wave × Dow Theory × MACD × Granville × ADX The system triggers only when all five conditions align simultaneously, displaying a large bottom banner: ALL-IN SYNC: LONG / SHORT or WAITING… • Structure: Major N-Wave direction • Breakout check: Minor N-Wave confirmation • Trend logic: Dow Theory (BOS / CHOCH) • Momentum: MACD crossover • Deviation logic: EMA Granville rule • Range filter: ADX threshold (optional) On higher timeframes, signals appear maybe once a week. Even on 5-minute charts, once per day at best. It’s a precision-based, quiet-mode logic built for reliability over frequency. 🔔 Alert notification when the banner is triggered 🧩 Optimized for clean layout and low load 🦅 TAKA Unified Signal (iPad Safe v7 – bottom banner) 4理論＋1フィルターを統合した多条件型シグナル N波動 × ダウ理論 × MACD × グランビル × ADX 5条件が同時に成立した瞬間のみ チャート下部に大型バナーを表示 「ALL-IN SYNC: LONG / SHORT」または「WAITING…」で判定 • 方向判定：大N波動 • ブレイク確認：小N波動 • 転換認識：ダウ理論（BOS/CHOCH） • 勢い：MACD • 乖離確認：EMAグランビル • レンジ除外：ADX閾値（任意） 上位足では週1回出るかどうか 5分足でも1日1回程度 精度重視型・静寂型ロジック 🔔 バナー点灯時にアラート通知可 🧩 iPad対応版（安全表示・低負荷）
Pine Script® indicator
by UMIBOUZU_TAKA
MTF RSI Heatmap)# MTF RSI Heatmap — v2.7.2 **Hybrid Higher-TF Trend + Intraday Impulse Detection + Smart Counters & Alerts** Turn your lower pane into a **multi-timeframe market bias dashboard**. This heatmap blends classic RSI momentum with a **hybrid Daily/Weekly MA-stack trend** and an **intraday impulse override** that flags fast moves *as they happen*. Clean, configurable, and built for real trading flow. --- ## What it shows * **6 stacked rows = 6 timeframes** (bottom → top). * **Colors**: Green = Bull, Red = Bear, Yellow = Neutral. * **Header counter**: `Bull X/6 | Bear Y/6` = live agreement across visible rows. * **Impulse markers** ▲/▼ on intraday rows (5m/15m/60m/240m) when a shock move triggers. * **Signal bar**: A thin column above the top row when at least **N of 6** rows align (configurable). --- ## Why it’s different * **Impulse Override (intraday)** Detects sharp moves using % change over the last *N* bars, optionally gated by **volume > SMA × multiplier**. This catches dumps/pops earlier than RSI alone. * **Hybrid D/W (structure over noise)** Daily/Weekly rows can use an **MA stack (8/21/55)** instead of RSI for a more stable higher-timeframe trend read. Optional **price > fast MA** filter for stricter confirmation. * **Intrabar option** Flip rows **during the bar** for early reads (accepting repaint on TF close), or keep it close-only for no surprises. --- ## Key features * 🌈 **Theme**: Classic or High-Contrast colors. * 🧠 **RSI thresholds**: Bull above 55, Bear below 45 (editable). * 🧲 **RSI smoothing** (EMA) for intraday rows to reduce flicker. * 🧰 **Compact left legend** with adjustable text size & opacity. * 🚨 **Alerts**: * **Impulse-only** (per TF and “any intraday”) * **N-of-6 confirmation** (bull/bear) --- ## Recommended settings (fast opens & news) * **Impulse**: `Bars = 1–2`, `Threshold = 0.25–0.35%`, `Vol confirm = ON`, `Multiplier = 1.3–1.5`. * **Hybrid D/W**: `ON`, `EMA 8/21/55`, `Price filter = ON`. * **Intrabar**: `ON` if you want intra-bar updates (repaints at TF close). --- ## How to read it 1. **Row scan**: Are the bottom (fast) rows aligning first? That’s early momentum. 2. **Header counter**: Look for 4+/6 agreement as momentum broadens. 3. **Signal bar**: Acts as a “go/no-go” confirmation when your threshold is met. 4. **Impulse ▲/▼**: Use as a **heads-up** for acceleration; then watch if rows cascade in that direction. --- ## Alerts (exact names) Create alerts with these built-ins: * **Impulse UP — any intraday** * **Impulse DOWN — any intraday** * **Impulse UP — TF1 / TF2 / TF3 / TF4** * **Impulse DOWN — TF1 / TF2 / TF3 / TF4** * **Bull confirmation** (N-of-6) * **Bear confirmation** (N-of-6) Tip: Use **Once per bar** or **Once per bar close** depending on whether you enabled *Intrabar*. --- ## Inputs overview * **Timeframes & visibility** per row. * **RSI**: length, bull/bear thresholds, optional EMA smoothing (intraday only). * **Impulse**: bars, %, volume confirm, SMA length, multiplier, markers. * **Hybrid D/W**: MA type (EMA/SMA/HMA), 8/21/55 lengths, price filter. * **Theme & Legend**: color theme, label size (Tiny/Small/Normal), legend opacity. * **Signal**: N required for confirmation (default 4). --- ## Pro tips * Combine with **session opens**, **VWAP**, and **liquidity levels**. * If you trade breakouts, let **impulse triggers** cue attention, then wait for **N-of-6** confirmation. * For swing bias, lean on **Hybrid D/W**—it changes slower, but with intent. --- ## Notes & limitations * **Intrabar = repaint expected** on higher-TF closes—by design for earlier context. * Colors/thresholds are general guidance, not signals by themselves. * Past performance ≠ future results; **this is not financial advice**. --- If you enjoy this, drop a ⭐ and tell me what you want next: background shading on confirmation, tooltips with RSI/ROC per row, or a MACD/RSI hybrid mode. Trade sharp! ✨
Pine Script® indicator
by andrefox333
RSI Bars - OnlyFlowThis indicator applies the RSI (Relative Strength Index) to candle coloring so that bar colors reflect momentum conditions instead of a fixed scheme. RSI Logic: Bars shift color when RSI values move into overbought or oversold regions, with intensity scaled by how far RSI extends beyond the thresholds. Gradient / Step Mode: Choose between a smooth gradient or a 3-step palette to visualize strength. Directional Neutral Colors: Neutral zones can follow candle direction for clearer trend context. Customization: Overbought/oversold levels and color palettes are user-configurable. Optional RSI Panel: An RSI plot with overbought/oversold lines can be enabled in a separate pane if desired. This tool is meant to give traders a more intuitive view of RSI conditions directly on price bars, helping to quickly see momentum extremes without needing to glance away from the chart.
Pine Script® indicator
by ofderk
Smooth Cloud Trend Filter (20/50 EMA)The Smooth Cloud indicator visualizes market trend direction using two Exponential Moving Averages (EMAs): a Fast EMA (20-period) and a Slow EMA (50-period). The area between these averages forms a shaded cloud that changes color according to the trend bias: 🟢 Green Cloud: Fast EMA is above the Slow EMA → Bullish trend. 🔴 Red Cloud: Fast EMA is below the Slow EMA → Bearish trend. On this chart, the cloud remains green for most of the period, reflecting a strong and persistent uptrend. During minor pullbacks, the transitions stay smooth, showing that the trend filter reacts steadily without excessive noise. Price action consistently holds above the cloud from late September through early October, indicating sustained buyer control and bullish momentum. This view focuses solely on the trend structure provided by the Smooth Cloud. While other modules of the full system (such as the RSI Liquidity Spectrum and Zig Zag++ Volume Profile) add momentum and liquidity context, the Smooth Cloud alone highlights clear directional bias and trend strength. When the price trades above a green cloud, traders often look for long opportunities on pullbacks or RSI confirmations. A red cloud flip would signal a possible trend reversal or weakening momentum, suggesting short setups instead. The thickness of the cloud also offers visual insight — thicker clouds indicate stronger trend momentum, while thinner ones suggest consolidation or indecision.
Pine Script® indicator
by Jaxon007
Relative Strength index 2xRelative Strength Index 2× The RSI*2 by AZly is an advanced dual-RSI indicator that allows traders to analyze momentum from two distinct perspectives — short-term and medium-term — on a single chart. It combines RSI precision with multi-timeframe flexibility, giving a clear view of both immediate and underlying momentum trends. ⚙️ How It Works This indicator calculates and plots two fully independent RSI lines, each with customizable settings: RSI 1 (Main RSI) : Captures medium-term momentum, ideal for trend and context. RSI 2 (Fast RSI) : Reacts quickly to short-term moves, identifying overbought and oversold conditions. Both RSIs include: Custom timeframe, source, and smoothing method (SMA, EMA, WMA, VWMA, HMA, SMMA). Gradient zones to visualize momentum strength and reversals. Adjustable levels and colors for clear chart presentation. 📘 Andrew Cardwell Zones (RSI 1) RSI 1 uses Andrew Cardwell’s “range rules” to distinguish bullish and bearish momentum phases: Bullish Range: RSI holds between 40–80, finding support around 40–45. Bearish Range: RSI stays between 20–60, with rallies capped near 55–60. A breakout from one range into another often signals a trend phase transition — marking potential trend beginnings or endings. ⚡ Overbought/Oversold Zones (RSI 2) RSI 2 is designed for fast reactions and reversal detection: 95–100: Extreme overbought zone — potential exhaustion and short setup. 5–0: Extreme oversold zone — potential exhaustion and long setup. Crossing these levels highlights short-term momentum exhaustion , often preceding pullbacks or strong price reversals. 💡 Why It’s Better Compared to traditional RSI indicators, this version provides superior control and insight: Dual independent RSIs with separate timeframes and smoothing. Cardwell-style range recognition for better context of trend strength. Extreme bands for fast RSI 2 to time entries with precision. Dynamic gradient zones for intuitive visual interpretation. Multi-timeframe flexibility that adapts to any trading style. 🎯 Trading Concepts Trend Confirmation: RSI 1 above 50 (bullish range) confirms uptrend bias; below 50 (bearish range) confirms downtrend. Reversal Setup: RSI 2 hitting extreme zones (above 95 or below 5) while RSI 1 stays steady often signals exhaustion and reversal setups. Divergence Confirmation: When RSI 2 diverges from price and RSI 1 supports the direction, it strengthens reversal probability. Range Transition: A shift in RSI 1’s range (from bearish to bullish or vice versa) confirms a major change in market structure. 🕒 Trade Timing (Entry Ideas) Timing is one of the indicator’s strongest features. Wait for RSI 2 to reach an extreme zone (above 95 or below 5). Then confirm the direction with RSI 1 — trades are most effective when RSI 1’s range aligns with the anticipated move. Buy Setup: RSI 1 in bullish range + RSI 2 rebounds upward from the 5 zone. Sell Setup: RSI 1 in bearish range + RSI 2 turns down from the 95 zone. Best Timing: Enter when RSI 2 crosses back inside the 10–90 range in the same direction as RSI 1’s trend. This captures momentum just as it resumes — avoiding early or late entries. 🔷 M & W Patterns (RSI 2) RSI 2 also reveals short-term exhaustion structures: “ M ” Formation: Two RSI peaks near 95–100 — bearish reversal setup. “ W ” Formation: Two RSI troughs near 0–5 — bullish reversal setup. These shapes often appear before price reversals, offering early momentum clues. ⚠️ Important Trading Guidance It is strongly recommended not to trade against the prevailing trend or attempt to pick exact tops or bottoms. The indicator works best when used in alignment with trend direction. Counter-trend entries carry higher risk and lower probability. 📊 Recommended Use Ideal for momentum traders, scalpers, and multi-timeframe analysts seeking precise timing and context. Works on all markets — forex, crypto, stocks, indexes, and commodities.
Pine Script® indicator
by YunakAZly
RSI VWAP v1 [JopAlgo]RSI VWAP v1 — the classic RSI, made a bit smarter and volume-aware We know there’s nothing new under the sun and the original RSI already does a great job. But we’re always chasing small, practical improvements—so here’s our take on RSI. Same core idea, clearer visuals, and the option to make it volume-oriented via VWAP smoothing. Prefer the traditional feel? SMA and EMA are still here—pick and compare what fits your market and timeframe. We hope this version genuinely makes your decisions easier. What you’ll see The RSI line with 70 / 50 / 30 rails and subtle background. A smoothing line you can choose: VWAP, SMA, or EMA (drawn over RSI). Shading that shows RSI vs. its smoothing (above = green tone, below = red tone). Optional OB/OS highlight (only the portion above 70 / below 30). Optional divergence detection & alerts (off by default to keep things light). What’s new, and why it helps 1) VWAP-based RSI smoothing Instead of smoothing RSI with a plain MA, you can use VWAP computed on RSI. That brings participation (volume) into the picture, which often reads momentum quality better—especially in crypto or during news hours. 2) Adaptive blending for stability Low-volume periods: gently blends VWAP → EMA so signals don’t get brittle when participation is thin. Volume spikes (anti-auction): tempers overreactions by blending toward EMA when z-score of volume is extreme. Reliability guard: if volume looks unreliable, the script can auto-fallback to EMA to keep readings consistent. 3) Clean, readable visuals A quick glance tells you regime (50 line), trigger (RSI vs. its smoothing), and stretch (70/30). No clutter. 4) Divergence on demand Regular bullish/bearish divergence detection and alerts are opt-in. If you use them, toggle on; if not, the indicator stays lightweight. Read it fast (checklist) Regime: RSI ≥ 50 = bullish bias; ≤ 50 = bearish bias. Trigger: look for RSI crossing its smoothing in the direction of the regime. Stretch: near 70/30, avoid chasing; prefer a retest/hold. Volume context: if the panel falls back to EMA, treat the flow signal as less reliable for the moment. Simple playbook Trend-pullback (continuation) RSI ≥ 50 and RSI crosses up its smoothing → long bias. Best at real levels (see “Location first” below), not in the middle of nowhere. Reclaim / reject at a level Near 70, weak candles and RSI back under its smoothing → mean-revert toward the middle. Mirror this near 30 for longs. Divergence as a secondary check Start with regime + trigger; use divergence only as extra confirmation, especially on 4H/D. Location first, always Your timing improves dramatically at objective references: Volume Profile v3.2 (VAH/VAL/POC/LVNs) and Anchored VWAP (session/weekly/event). No level, no trade. RSI helps time, levels define edge. Settings that actually matter RSI Length (default 14) Lower = faster, noisier; higher = smoother, fewer signals. Smoothing Type EMA: fastest trigger; good for intraday. SMA: calmer bias; popular for swing. VWAP: volume-weighted RSI baseline; great when participation matters. VWAP Length & adaptive blend Too jittery? lengthen VWAP or reduce max blend. Too sluggish? shorten VWAP or allow a bit more blend. Anti-auction Z-score thresholds Higher values = intervenes less often; lower = tames spikes sooner. Divergence toggle Enable only if you actually want divergence markers/alerts. Signal gating (ignore first bars) Markets can be noisy right after sessions turn. Delay signals a few bars if you prefer clean reads. Starter presets Scalp (1–5m): RSI 9–12, EMA smoothing, short lengths. Intraday (15m–1H): RSI 10–14, EMA or VWAP smoothing. Swing (4H–1D): RSI 14–20, SMA or VWAP, modest blend. Works even better with other tools Volume Profile v3.2: take triggers at VAH/VAL/POC/LVNs; target HVNs or prior swing. Anchored VWAP: clean reclaims/rejections plus RSI regime + trigger = higher-quality entries. (Optional) CVDv1: if aggressor flow aligns with your RSI signal, conviction improves. Common mistakes this version helps avoid Taking every RSI cross without levels. Chasing near 70/30 without a retest. Over-trusting RSI during extreme volume spikes or illiquid patches (the blend/fallback guards against this). Disclaimer This indicator and write-up are for educational purposes only and not financial advice. Trading involves risk; results vary by market, instrument, and settings. Backtest first, act at defined levels, and manage risk. No guarantees or warranties are provided.
Pine Script® indicator
by JopAlgo
Momentum Variance OscillatorWhat MVO measures: -PV (Price-Volume) Oscillator – how far price is from a volatility-scaled basis, then weighted by relative volume. - > 0 = bullish pressure; < 0 = bearish pressure. -|PV| larger ⇒ stronger momentum. -Signal line (EMA of PV) – a smoother track of PV; crossings flag momentum shifts. -Zero line gradient – instantly shows direction (greenish bull / reddish bear) and strength (paler → stronger). -Extreme bands (±obLevel) – “hot zone” thresholds; being beyond them = exceptional push. -Variance histogram – MACD-like view (PV minus slower PV-EMA) to see thrust building vs. fading. -(Optional) Bar coloring & background tint – paints price bars and/or the panel on key events so you can read the regime at a glance. -Auto-Tune – searches a grid of (obLevel, weakLvl) pairs and (optionally) auto-applies the best, ranked by CAGR vs. drawdown. Core signals & how to trade them: 1) Define the regime: -Bullish regime: PV above 0 and/or PV above Signal; zero line is in bull gradient. -Bearish regime: PV below 0 and/or PV below Signal; zero line is in bear gradient. -Action: Prefer trades with the regime (avoid fading strong color/strength unless you have a clear reversal setup). 2) Entries: Momentum entry: -Long: PV crosses above Signal while PV > 0. -Short: PV crosses below Signal while PV < 0. Breakout/acceleration: -Long add-on: PV crosses above +obLevel (extreme top) and holds. -Short add-on: PV crosses below −obLevel (extreme bottom) and holds. -Histogram confirm: Growing bars in your direction = thrust improving; shrinking/flip = thrust stalling. 3) Exits / risk: -Soft exit / tighten stops: PV loses the extreme and re-enters inside, or histogram fades/turns against you. -Hard exit / reverse: Opposite PV↔Signal crossover and PV crosses the zero line. -Weak zone filter: If |PV| < weakLvl, treat signals as lower quality (smaller size or skip). 4) Practical setup - Suggested defaults (good starting point): -Signal length: 26 -Volume power: 0.50 -obLevel (extreme): 2.00 -weakLvl: 0.75 -Show histogram & dots: On -Auto-Tune (recommended) -Turn Auto-Select Best ON. MVO will scan obLevel 1.50→3.00 (step 0.05) and weakLvl 0.50→1.00 (step 0.05), then use the top-ranked pair (CAGR/(1+MDD)). -If you want to see the top combos, enable the Optimizer Table (Top-3). 5) Visual options -Bar Colors: Regime+Strength – bars follow the zero-line gradient (great for quick read). -Extremes – paint only when beyond ±obLevel. -Cross Signals – paint only on the bar that crosses an extreme. -Background on breach: A one-bar tint when PV crosses an extreme. 6) Example playbook: Long setup: -Zero line shows bull gradient and PV > 0. -PV crosses above Signal (entry). -If PV drives above +obLevel, consider add-on; trail under the last minor swing or use ATR. -Exit/trim on PV crossing below Signal or histogram turning negative; flatten on a drop through 0. Short setup mirrors the above on the bear side. 7) Tips to avoid common traps: -Don’t fade strong extremes without clear confirmation (e.g., PV re-entering inside + histogram flip). -Respect the weak zone: if |PV| < weakLvl, signals are fragile—size down or wait. -Align with structure: higher-timeframe trend and SR improve expectancy. -Instrument personality matters: use Auto-Tune or re-calibrate obLevel/weakLvl across assets/timeframes. 8) Alerts you can set: -Bull Signal X – PV crossed above Signal -Bear Signal X – PV crossed below Signal -Bull Baseline X – PV crossed above 0 -Bear Baseline X – PV crossed below 0
Pine Script® indicator
by s3raphic333
Katana_Fox RSI Pro - Advanced Momentum Indicator with Clear BUOverview: Connors RSI Pro is a sophisticated enhancement of the classic Connors RSI indicator, designed for traders who demand professional-grade tools. This premium version combines multiple momentum components with intelligent signaling and beautiful visualization to give you an edge in the markets. Key Features: 🎯 Clear BUY/SELL Signal System BUY signals in green when CRSI crosses above oversold level SELL signals in red when CRSI crosses below overbought level Clean, professional labels that are easy to read Customizable overbought/oversold levels (70/30 default) 🎨 Professional Visualization Modern color scheme that adapts to market conditions Customizable background fills for better readability Smooth, easy-to-read line plotting ⚡ Enhanced Calculations Triple-component momentum analysis (RSI, UpDown RSI, Percent Rank) EMA smoothing for reduced noise and false signals Configurable lengths for each component 🔔 Advanced Alert System 4 distinct alert conditions for various market scenarios Compatible with TradingView's native alert system Perfect for automated trading strategies Input Parameters: RSI Length (3): Period for standard RSI calculation UpDown Length (2): Period for UpDown RSI component ROC Length (100): Period for Rate of Change percentile ranking Signal Alerts: Toggle BUY/SELL signals on/off Custom Colors: Choose between classic and modern color schemes Trading Signals: BUY (Green Label): Bullish signal when CRSI crosses above oversold level SELL (Red Label): Bearish signal when CRSI crosses below overbought level Background Colors: Visual zones indicating momentum strength Ideal For: Swing traders seeking momentum reversals Day traders looking for overbought/oversold conditions Algorithmic traders needing reliable signals Technical analysts wanting multi-timeframe confirmation How to Use: Oversold Bounce: Enter long when CRSI shows BUY signal above 30 Overbought Rejection: Enter short when CRSI shows SELL signal below 70 Trend Confirmation: Use the 50-level crossover for trend direction Divergence Trading: Look for price/indicator divergences at extremes Upgrade your trading arsenal with Connors RSI Pro - where professional analytics meet clear trading signals!
Pine Script® indicator
by Katana_Fox
VWAP Deviation Oscillator [BackQuant]VWAP Deviation Oscillator Introduction The VWAP Deviation Oscillator turns VWAP context into a clean, tradeable oscillator that works across assets and sessions. It adapts to your workflow with four VWAP regimes plus two rolling modes, and three deviation metrics: Percent, Absolute, and Z-Score. Colored zones, optional standard deviation rails, and flexible plot styles make it fast to read for both trend following and mean reversion. What it does This tool measures how far price is from a chosen VWAP and expresses that gap as an oscillator. You can view the deviation as raw price units, percent, or standardized Z-Score. The plot can be a histogram or a line with optional fills and sigma bands, so you can quickly spot polarity shifts, overbought and oversold conditions, and strength of extension. VWAP modes track a session VWAP that resets (4H, Daily, Weekly) or a rolling VWAP that updates continuously over a fixed number of bars or days. Deviation modes let you choose the lens: Percent, Absolute, or Z-Score. Each highlights different aspects of stretch and mean pressure. Visual encoding uses a 10-zone color palette to grade the magnitude of deviation on both sides of zero. Volatility guards compute mode-specific sigma so thresholds are stable even when volatility compresses. Why this works VWAP is a high signal anchor used by institutions to gauge fair participation. Deviations around VWAP cluster in regimes: mild oscillations within a band, decisive pushes that signal imbalance, and standardized extremes that often precede either continuation or snapback. Expressing that distance as a single time series adds clarity: bias is the oscillator’s sign, risk context is its magnitude, and regime is the way it behaves around sigma lines. How to use it Trend following Favor the side of the zero line. Bullish when the oscillator is above zero and making higher swing highs. Bearish when below zero and making lower swing lows. Use +1 sigma and +2 sigma in your mode as strength tiers. Pullbacks that hold above zero in uptrends, or below zero in downtrends, are often continuation entries. Mean reversion Fade stretched readings when structure supports it. Look for tests of +2 sigma to +3 sigma that fail to progress and roll back toward zero, or the mirror on the downside. Z-Score mode is best when you want standardized gates across assets. Percent mode is intuitive for intraday scalps where a given percent stretch tends to mean revert. Session playbook Use Daily or Weekly VWAP for intraday or swing context. Rolling modes help when the asset lacks clean session boundaries or when you want a continuous anchor that adapts to liquidity shifts. Key settings VWAP computation VWAP Mode = 4 Hours, Daily, Weekly, Rolling (Bars), Rolling (Days). Session modes reset the VWAP when a new session begins. Rolling modes compute VWAP over a fixed trailing window. Rolling (Lookback: Bars) controls the trailing bar count when using Rolling (Bars). Rolling (Lookback: Days) converts days to bars at runtime and uses that trailing span. Use Close instead of HLC3 switches the price reference. HLC3 is smoother. Close makes the anchor track settlement more tightly. Deviation measurement Deviation Mode Percent : 100 * (Price / VWAP - 1). Good for uniform scaling across instruments. Absolute : Price - VWAP. Good when price units themselves matter. Z-Score : Standardizes the absolute residual by its own mean and standard deviation over Z/Std Window . Ideal for cross-asset comparability and regime studies. Z/Std Window sets the mean and standard deviation window for Z-Score mode. Volatility controls Percent Mode Volatility Lookback estimates sigma for percent deviations. Absolute Mode Volatility Lookback estimates sigma for absolute deviations. Minimum Sigma Guard (pct pts) prevents the percent sigma from collapsing to near zero in extremely quiet markets. Visualization Plot Type = Histogram or Line. Histogram emphasizes impulse and polarity changes. Line emphasizes trend waves and divergences. Positive Color / Negative Color define the palette for line mode. Histogram uses a 10-bucket gradient automatically. Show Standard Deviations plots symmetric rails at ±1, ±2, ±3 sigma in the current mode’s units. Fill Line Oscillator and Fill Opacity add a soft bias band around zero for line mode. Line Width affects both the oscillator and the sigma rails. Reading the zones The oscillator’s color and height map deviation to nine graded buckets on each side of zero, with deeper greens above and deeper reds below. In Percent and Absolute modes, those buckets are scaled by their mode-specific sigma. In Z-Score mode the bucket edges are fixed at 0.5, 1.0, 2.0, and 2.8. 0 to +1 sigma weak positive bias, usually rotational. +1 to +2 sigma constructive impulse. Pullbacks that hold above zero often continue. +2 to +3 sigma strong expansion. Watch for either trend continuation or exhaustion tells. Beyond +3 sigma statistical extreme. Requires structure to avoid fading too soon. Mirror logic applies on the negative side. Suggested workflows Trend continuation checklist Pick a session VWAP that matches your timeframe, for example Daily for intraday or Weekly for position trades. Wait for the oscillator to hold the correct side of zero and for a sequence of higher swing lows in the oscillator (uptrend) or lower swing highs (downtrend). Buy pullbacks that stabilize between zero and +1 sigma in an uptrend. Sell rallies that stabilize between zero and -1 sigma in a downtrend. Use the next sigma band or a prior price swing as your target reference. Mean reversion checklist Switch to Z-Score mode for standardized thresholds. Identify tests of ±2 sigma to ±3 sigma that fail to extend while price meets support or resistance. Enter on a polarity change through the prior histogram bar or a small hook in line mode. Fade back to zero or to the opposite inner band, then reassess. Notes on the three modes Percent is easy to reason about when you care about proportional stretch. It is well suited to intraday and multi-asset dashboards. Absolute tracks cash distance from VWAP. This is useful when instruments have tight ticks and you plan risk in price units. Z-Score standardizes the residual and is best for quant studies, cross-asset comparisons, and threshold research that must be scale invariant. What the alerts can tell you Polarity changes at zero can mark the start or end of a leg. Crosses of ±1 sigma identify overbought or oversold in the current mode’s units. Zone changes signal an upgrade or downgrade in deviation strength. Troubleshooting and edge cases If your instrument has long flat periods, keep Minimum Sigma Guard above zero in Percent mode so the rails do not vanish. In Rolling modes, very short windows will respond quickly but can whip around. Session modes smooth this by resetting at well known boundaries. If Z-Score looks erratic, increase Z/Std Window to stabilize the estimate of mean and sigma for the residual. Final thoughts VWAP is the anchor. The deviation oscillator is the narrative. By separating bias, magnitude, and regime into a simple stream you can execute faster and review cleaner. Pick the VWAP mode that matches your horizon, choose the deviation lens that matches your risk framework, and let the color graded zones guide your decisions.
Pine Script® indicator
by BackQuant
Alt buy signal 1H Entry + 4H Confirm (MACD + Stoch RSI + HMA)This indicator is a multi-timeframe (MTF) analysis tool designed for the ALT trading , capturing entry signals on the 1-hour (1H) timeframe and confirming trends on the 4-hour (4H) timeframe. It combines MACD, Stoch RSI, and Hull Moving Average (HMA) to identify precise buy opportunities, particularly at reversal points after a downtrend or during trend shifts. It visually marks both past and current BUY signals for easy reference. Key Features: 1H Entry Signal (Early Ping): Triggers on a MACD golden cross (below 0) combined with a Stoch RSI oversold cross (below 20), offering an initial buy opportunity. 4H Trend Confirmation (Entry Ready): Validates the trend with a 4H MACD histogram rising (in negative territory) or a golden cross, plus a Stoch RSI turn-up (above 30). Past BUY Display: Labels past data points where these conditions were met as "1H BUY" or "FULL BUY," facilitating backtesting. HMA Filter: Optional HMA(16) to confirm price breakouts, enhancing trend validation. Purpose: Ideal for short-term scalping and swing trading. Supports a two-step strategy: initial partial entry on 1H signals, followed by additional entry on 4H confirmation. Usage Instructions Installation: Add the indicator to an IMX/USDT 1H chart on TradingView. Signal Interpretation: lime "1H BUY": 1H conditions met, consider initial entry (stop-loss: 3-5% below recent low). green "FULL BUY": 1H+4H conditions met, confirm trend for additional entry (take-profit: 10% below recent swing high). Customization: Adjust TF (1H/4H), MACD/Stoch RSI parameters, and HMA usage via the input settings. Alert Setup: Enable alerts for "ENTRY READY" (1H+4H) or "EARLY PING" (1H only) conditions. Advantages Accuracy: Reduces false signals by combining MACD golden cross below 0 with Stoch RSI oversold conditions. Dual Confirmation: 1H for quick timing and 4H for trend validation, improving risk management. Visualization: Past BUY points enable easy backtesting and pattern recognition. Flexibility: 4H confirmation mode adjustable (histogram rise or golden cross). Limitations Timeframe Dependency: Optimized for 1H charts; may not work on other timeframes. Market Conditions: Potential whipsaws in sideways markets; additional filters (e.g., RSI > 50) recommended. Manual Management: Stop-loss and take-profit require user discretion.
Pine Script® indicator
by coinmong
Ultra Liquidity Heatmap v2 [JopAlgo]Ultra Liquidity Heatmap v2 — map where price is likely to pause, ping, or pivot Core idea This study paints “liquidity shelves” on your chart—zones where unusually high traded volume likely clustered. In practice, those zones behave like magnets and barriers: Magnets → price tends to revisit them. Barriers → price often stalls / wicks there, or breaks only when there’s real pressure. Think of each colored box as a footprint from prior transactions: “a lot of business got done here.” Price frequently checks back to these footprints to find counterparties again. What you’ll see Colored boxes that extend to the right from a bar’s range (high→low). The color shows how extreme that bar’s volume was versus a long baseline. Two streams of boxes: High-side maintenance (built off highs) Low-side maintenance (built off lows) Both extend forward and update as price interacts. Transparency control so you can keep price visible under the heatmap. Read it fast → Where are the densest clusters of boxes? Are we approaching one from above/below? Did we wick into a box and snap back, or accept inside it? What “liquidity” means here (plain language) In order to move, price needs counterparties. Areas that printed unusually high volume in the past are places where both sides engaged. Those areas often become future decision spots: either absorb incoming orders (hold) or reject them (wick/reverse) or, if overwhelmed, price pushes through and trends. This indicator does not show the live order book. It uses a robust proxy: statistical outliers in completed volume to infer where the book tended to be deep (and may be again). Color scale (how extremes are decided) We compute a Z-score for the previous bar’s volume against a 610-bar baseline: Z > 4.0 → Extra High (default yellow) → major shelf Z > 2.5 → High (default orange) → strong shelf Z > 1.0 → Medium (default white) Z > −0.5 → Normal (default lime) else → Low (default aqua) You can toggle which tiers to show and use gradient coloring to see intensity inside a tier. Practical tip → For a clean map, start with Extra High and High only. Add Medium on thin markets or higher timeframes. How the boxes behave Each detected bar spawns a box from that bar’s high to low and extends it right. As new bars print: If price pushes above a high-based box, that box is retired (it didn’t hold). If price pushes below a low-based box, that box is retired. Otherwise, the box can adjust to the latest interaction so it stays relevant to the current range. Meaning → The map evolves with price. You always see the still-relevant shelves, not stale ones. The three main behaviors at a shelf Magnet → price drifts into the box (fills in), then decides: continue or reverse. Reject → sharp wick into the box and immediate reversal → great location to fade if other signals agree. Accept → clean close inside/through the box and follow-through → look for break-and-retest to trade with the move. Decide with arrows → Approach from above → watch for reject ↘ or accept ↘ Approach from below → watch for reject ↗ or accept ↗ How to trade it (simple playbook) 1) Frame the day / swing Map Extra High / High shelves on your higher TF (e.g., 4H / 1D). Note clusters (multiple boxes overlapping) → stronger magnets. 2) Execute at the shelf, not mid-air Continuation → Price accepts ↗ through a shelf, then retests from above and holds → long toward the next shelf. → Mirror ↘ for shorts. Reversion → Price tags a shelf and rejects ↘ (coming from above) or rejects ↗ (from below) with confirmation → fade back to the prior range node. 3) Confirm the decision CVDv1 (optional) → Accept = taker flow with the break (Alignment OK). Reject = taker attempts absorbed at the shelf (Absorption). Volume Profile v3.2 → Prefer trades when shelves align with VAH/VAL/POC/LVNs (location first). Anchored VWAP → Reclaim/reject at AVWAP that sits inside or on the edge of a shelf is high-quality timing. 4) Risk & targets Stops → just beyond the shelf extreme you used for entry (if it’s a reject) or under/over the retest (if it’s an accept). Targets → the next shelf; partials at intermediate VP nodes; trail if shelves are stair-stepping. Settings that matter (and how to tune) BG Transparency → make boxes readable without hiding price. Box Index → where a box begins on the x-axis. Set to 501 to anchor boxes exactly at their creation bar. Lower values shift the start to keep the chart tidy on fast TFs. Show tiers → start with Extra High / High; add Medium only if the map looks sparse. Gradient coloring → keep on to see intensity; turn off for a flatter, cleaner palette. Reading examples (quick arrow notes) Approach from below → accept ↗ → retest holds ↗ → continuation long to next shelf. Approach from above → wick inside → reject ↘ → rotation back toward prior node. Multiple shelves stacked tight → expect pause / chop; wait for clear accept ↗/↘ plus retest. Common mistakes this helps you avoid Trading mid-range with no shelf in play. Fading a shelf without a reject ↘ / ↗ confirmation. Chasing a break without an accept ↗/↘ + retest. Treating any colored box as equal—Extra High matters more than Normal/Low. Best combos (kept simple) Volume Profile v3.2 → shelves that coincide with VAH/VAL/POC/LVNs are higher-probability decision spots. Anchored VWAP → reclaimed/rejected AVWAP inside a shelf = strong confirmation. CVDv1 (optional) → confirms accept ↗/↘ (with flow) or reject (absorption). FAQ (quick clarity) Is this the live order book? → No. It’s a volume-based proxy for likely liquidity. Why do boxes disappear? → When price invalidates them (pushes past their boundary), they’re retired—keeps the map current. Which timeframe? → Build the map on your execution TF (e.g., 4H/1H) and confirm with one higher (1D/4H). Thin markets may benefit from adding Medium tiers. Disclaimer This indicator and description are for education only, not financial advice. Trading involves risk; results vary by market, venue, and settings. Test first, act at defined levels, and manage risk. No guarantees or warranties are provided.
Pine Script® indicator
by JopAlgo
WaveTrend Oscillator v3 [JopAlgo]WaveTrend Oscillator v3 — reversal focus with confirmation, not guesswork Core idea WaveTrend (WT) gives you a smoothed oscillator pair (WT1 and WT2) with overbought/oversold rails and a momentum histogram. This v3 adds two filters so reversals are earned, not guessed: Heikin-Ashi trend check → only take crosses with candle bias Reversal Confidence Score (RCS) → only fire when momentum vs ATR is strong enough Add an optional divergence check so you only act when price and oscillator disagree into extremes. What you’ll see WT1 (green) and WT2 (red) Histogram = WT1 − WT2 (gray columns) Rails: Overbought = +60, Oversold = −60, and the Zero line Labels when all conditions align → Smart Buy (below) or Smart Sell (above) Read it fast → Are we near +60/−60? Did WT1 cross WT2? Is the histogram expanding in that direction? Did a Smart label print? How the signals are built A signal prints only if all are true: Cross → Bull: WT1 crosses up WT2; Bear: WT1 crosses down WT2 Extreme → Bull: WT1 below −60; Bear: WT1 above +60 RCS filter → |WT1 − WT2| scaled by ATR must be > threshold (default 80) Heikin-Ashi agreement → HA close vs open points the same way as the cross Divergence (lookback N) → Bull: oscillator makes lower low while price doesn’t; Bear: oscillator higher high while price doesn’t Result → a reversal-grade setup, not a continuation ping. How to use it (simple playbook) Direction filter If you want a pure reversal tool, keep the default rails (+60/−60) → you’ll wait for true extremes. If you want more frequency, relax the rails (e.g., +50/−50) or lower RCS (e.g., 70 → 65). More signals → more noise. Entry logic Long reversal template → Price drives down into a value area edge (VAL/LVN) → WT1 < −60, WT1 ↗ WT2, RCS > threshold, HA bias up, bullish divergence → Enter on reclaim of the level or on the first higher-low after the cross Short reversal template → Price pushes into VAH/HVN → WT1 > +60, WT1 ↘ WT2, RCS > threshold, HA bias down, bearish divergence → Enter on rejection and lower-high after the cross Location first (always) Use Volume Profile v3.2 (VAH/VAL/POC/LVNs) for where to act Use Anchored VWAP (session/weekly/event) for who has control No level → no trade. A WT flip into a level is better than one mid-range. Risk & targets Stops → beyond the sweep extreme or beyond the reclaimed level Targets → ladder to next Fib/VP nodes (POC/HVNs, VA mid), then trail behind swings or the WT zero-line reclaim Settings that matter (and how to tune) WT Length (default 10) → core smoothing of the channel → Lower = faster turns; higher = calmer oscillator WT EMA Smoothing (default 21) and Signal Smoothing (default 3) → Increase to reduce chop; decrease to react earlier Overbought / Oversold (default +60/−60) → Tighten to +50/−50 for more frequent reversals; widen to +70/−70 for only the strongest RCS Threshold (default 80) → Down to 70 for earlier triggers; up to 90 for only the punchiest turns Divergence Lookback (default 5) → Shorter finds more local divs; longer finds bigger swings Starter presets Intraday (15m–1H) → WT 10/21, signal 3, rails ±60, RCS 80, div 5 Swing (2H–4H) → WT 14/28, signal 3–5, rails ±60/±70, RCS 85–90, div 7–9 Pattern cheat sheet Double-dip divergence → oscillator prints a lower low near −60 while price holds a higher low → high-quality long if RCS/HA agree Zero-line reclaim after a smart long → momentum shift; use it to trail stops or add on retest Failure signal → cross fires but RCS < threshold or histogram shrinks back toward 0 into a level → stand down or cut quick Overbought drift → WT pinned near +60/+70 without cross down → trend grind; don’t fade blindly Best combos (kept simple) Volume Profile v3.2 → take WT reversals at VAH/VAL/LVNs; target POC/HVNs Anchored VWAP → WT cross with an AVWAP reclaim/reject is higher quality CVDv1 (optional) → prefer flows that align with the reversal; avoid if absorption is fighting you Common mistakes this helps you avoid Fading every spike without RCS/HA confirmation Taking reversals mid-range, far from levels Treating divergence as timing (it’s context; you still need the cross + filter) Ignoring the zero-line behavior after entry (weak follow-through) Disclaimer This indicator and write-up are for education only, not financial advice. Trading involves risk; results vary by market, venue, and settings. Test first, act at defined levels, and manage risk. No guarantees or warranties are provided.
Pine Script® indicator
by JopAlgo
TTM Squeeze v5.1 [JopAlgo]TTM Squeeze v5.1 — compression → expansion, with a directional read Core idea This blends Bollinger Bands and Keltner Channels to detect volatility compression (a “squeeze”), then uses a momentum histogram to suggest which way the release may travel. Squeeze On → BB is inside KC → quiet, pressure building Squeeze Off → BB exits KC → expansion likely starting Momentum histogram → direction and pace of the expansion Read it as: compression → expansion and let momentum tell you up or down. What you’ll see Momentum histogram (centered at 0): Above 0 → bullish tilt Below 0 → bearish tilt Rising vs falling bars → acceleration vs deceleration Zero-line dots colored by squeeze state: Red at 0 → Squeeze On (BB inside KC) Green at 0 → Squeeze Off (no compression) Quick scan → Is the dot red or green? Is the histogram above or below 0? Are the bars growing or shrinking? How to use it (simple playbook) 1) Detect the setup Dot turns red → Squeeze On → build your plan at key levels (no trade by itself). While red, map entry levels and invalidations using your price tools. 2) Trade the release First green after a red run → Squeeze Off → look for entry with momentum direction: Histogram above 0 and rising → long bias Histogram below 0 and falling → short bias 3) Location first (always) Execute at objective references: Volume Profile v3.2 → VAH / VAL / POC / LVNs Anchored VWAP → session / weekly / event anchors No level → no trade. A squeeze release into a level is better than one mid-range. 4) Confirmation stack (optional but strong) If you also use CVDv1 → prefer Alignment OK and avoid entries where Absorption is against your side. Entries, exits, risk Break + retest (trend release) Condition → Dot flips green, histogram crosses/expands on the same side of 0, price breaks a mapped level. Entry → On the first retest/hold of that level after the flip. Stop → Beyond the level or last swing. Targets → Next VP node (POC/HVNs) → then trail. Range edge release (rotation to value) Condition → Dot flips green at a range boundary (e.g., VAL/VAH), histogram aligns with the break. Entry → On reclaim/reject confirmation at that boundary. Invalidation → Quick loss of the boundary and histogram roll against you. Stand down Dot green but histogram flat near 0 → noisy release, skip or size down. Green release into a major opposite level with shrinking bars → take partials early. Settings that matter (and how to tune) BB/KC Length (default 21) → the lookback for both envelopes. Shorter → faster squeezes, more signals. Longer → fewer, larger moves. BB Multiplier (default 1.0 here) Higher (e.g., 2.0) → fewer, cleaner squeezes (classic TTM style). Lower (e.g., 1.0–1.5) → more frequent “tight” squeezes. KC Multiplier (default 1.5) Higher → wider KC → easier for BB to sit inside → more squeeze-on periods. Lower → fewer squeeze-on periods. Momentum Length (default 20) for the histogram (linreg on close − KC mid): Shorter → earlier but noisier direction reads. Longer → steadier but slower. Practical combos Classic feel → BB 2.0, KC 1.5, Length 20–21, Momentum 20 Intraday fast → BB 1.5, KC 1.5, Length 14–20, Momentum 14–18 Swing calm → BB 2.0, KC 1.5–1.8, Length 21–34, Momentum 20–30 Pattern cheat sheet Red cluster → Green + histogram expansion above 0 → upside release → buy the retest of the breakout level → trail. Red cluster → Green + histogram expansion below 0 → downside release → sell the retest → trail. Green but histogram crosses back toward 0 quickly → failed release → avoid or scratch. Multiple red↔green flips near 0 → volatility churn → wait for a clear level break with follow-through. Best combos (kept simple) Volume Profile v3.2 → Plan the squeeze while red; trigger on green at VAH/VAL/LVN/POC. Anchored VWAP → A release that reclaims/rejects an AVWAP with histogram expansion is higher quality. CVDv1 (optional) → Prefer releases with taker flow; skip if Absorption fights your side. Common mistakes this helps you avoid Entering during the red squeeze with no price trigger. Chasing a green flip mid-range, far from levels. Ignoring direction when the histogram is below 0 for longs (or above 0 for shorts). Holding when the histogram shrinks back toward 0 into your target—take profits. Disclaimer This indicator and write-up are for education only, not financial advice. Trading carries risk; results vary by market, venue, and settings. Test first, act at defined levels, and manage risk. No guarantees or warranties are provided.
Pine Script® indicator
by JopAlgo
TSI v2 [JopAlgo] – Sniper VersionTSI v2 — “Sniper” momentum that’s fast, clean, and actionable Core idea TSI (True Strength Index) turns raw price momentum into a smoothed, normalized oscillator so you can see trend side, turns, and follow-through without chop. Workflow: momentum (close - close ) → double EMA smooth (fast = shortLength, slow = longLength) → normalize vs smoothed absolute momentum → scale to ±100 → signal EMA (signalLength) for triggers. Above 0 → bullish momentum regime Below 0 → bearish momentum regime TSI vs Signal cross → momentum turn Farther from 0 → stronger impulse What you’ll see TSI line (blue) — main momentum read Signal line (orange) — trigger for turns Zero line (gray) — bull/bear divider Alerts for bullish/bearish crosses (enable if you want pane markers) Read it in 3 seconds: Which side of 0? Did TSI cross its signal? Are bars expanding or fading? How to use it (simple playbook) Direction filter Longs while TSI ≥ 0, shorts while TSI ≤ 0. Cleanest continuation: TSI crosses up its signal above 0 (mirror down). Act at real locations Volume Profile v3.2 (VAH/VAL/POC/LVNs) or Anchored VWAP reclaims/rejections. No level, no trade. Break + retest Break a level with TSI > 0 and crossing up → enter on the first retest that holds (mirror down). Trend pullback In an uptrend, TSI dips toward the signal (ideally holds above 0), then re-crosses up near a level → continuation entry. Do less in chop If TSI and signal braid around 0, it’s balance—only trade edges with tight risk. Entries, exits, risk Continuation long: TSI > 0, crosses up at VAL/AVWAP/MA cluster → enter. Stop: below structure/last swing. Targets: POC/HVNs or next swing high. Fresh short: Breakdown + TSI < 0 crosses down → enter on failed retest. Invalidation: quick re-cross up + level reclaim. Manage: Trim when TSI flattens or crosses against you into target/HVN. Settings that matter (and how to tune) Short EMA (default 13): responsiveness (lower = faster, noisier). Long EMA (default 25): backbone smoothing (higher = steadier). Signal EMA (default 7): trigger sensitivity (lower = earlier, more flips). Suggested presets Scalp (1–5m): 8 / 21 / 5 Intraday (15m–1H): 13 / 25 / 7 (Sniper defaults) Swing (2H–4H): 21 / 50 / 9 Daily backdrop: 25 / 100 / 9 (execute on lower TF) Pattern cheat sheet Zero-line reclaim: TSI crosses 0 and signal together → regime shift; use first retest. Continuation curl: TSI pulls toward signal, holds above 0, then re-crosses up → add/enter with trend. Weak break tell: Level poke while TSI fails to cross or stalls near 0 → skip/wait. Light divergence: Price higher high while TSI lower high → thinning; trail tight into HVNs. Best combos (kept simple) Volume Profile v3.2: entries at VAH/VAL/LVNs, targets at POC/HVNs. Anchored VWAP: reclaim/reject + TSI cross same direction = high-quality timing. CVDv1 (optional): take TSI-aligned trades with flow (Alignment OK, no Absorption). RVOL (optional): prefer breaks with participation above cutoff. Common mistakes this helps you avoid Longs with TSI < 0 or shorts with TSI > 0. Chasing when TSI is flattening/crossing against you into a level. Trading mid-range while TSI/signal whipsaw around 0. Quick defaults to start 13 / 25 / 7 on 15m–1H Process: Location → TSI side (0) → TSI vs Signal cross → (optional) CVD/RVOL check → Structure-based risk Disclaimer This indicator and write-up are for education only and not financial advice. Trading involves risk; you can lose money. Results vary by market, venue, and settings. Test before using live, trade at defined levels, and manage risk. No guarantees or warranties are provided.
Pine Script® indicator
by JopAlgo