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W%R Pullback+EMA Trend [TS_Indie]🔰 Core Concept of the Strategy The main idea is “Trend-Following with Momentum Pullback.” This means trading in the direction of the main trend (defined by EMA) while using Williams %R to identify pullback entries (buying the dip or selling the rally) where momentum returns to the trend direction. 📊 Indicators Used 1. EMA Fast – Defines the short-term trend. 2. EMA Slow – Defines the long-term trend (used as a trend filter). 3. Williams %R • Overbought zone: above -20 • Oversold zone: below -80 ⚙️ Entry Rules 🔹 Buy Setup 1. EMA Fast > EMA Slow → Uptrend condition. 2. Williams %R on the previous candle dropped below -80, and on the current candle, it crosses back above -80 → indicates momentum returning to the upside. 3. Current close is above EMA Fast. 4. Entry Buy at the close of the candle where %R crosses above -80. 🎯 Entry, Stop Loss, and Take Profit 1. Entry : At the candle close where the signal occurs. 2. Stop Loss : At the lowest low between the current and previous candles. 3. Take Profit : Calculated based on entry price and stop loss distance multiplied by the Risk/Reward Ratio. 🔹 Sell Setup 1. EMA Fast < EMA Slow → Downtrend condition. 2. Williams %R on the previous candle went above -20, and on the current candle, it crosses back below -20 → indicates renewed selling momentum. 3. Current price is below EMA Fast. 4. Entry Sell at the close of the candle where %R crosses below -20. 🎯 Entry, Stop Loss, and Take Profit 1. Entry : At the candle close where the signal occurs. 2. Stop Loss : At the highest high between the current and previous candles. 3. Take Profit : Calculated based on entry price and stop loss distance multiplied by the Risk/Reward Ratio. ⚙️ Optional Parameters • Custom Risk/Reward Ratio for Take Profit. • Option to add ATR buffer to Stop Loss. • Adjustable EMA Fast period. • Adjustable EMA Slow period. • Adjustable Williams %R period. • Option to enable Long only / Short only positions. • Customizable Backtest start and end date. • Customizable trading session time. ⏰ Alert Function Alerts display: • Entry price • Stop Loss price • Take Profit price Guys, try adjusting the parameters yourselves! I’ve been tweaking the settings for several days and managed to get great results on XAU/USD in the 5-minute timeframe. I think this strategy is quite interesting and could potentially deliver good results on other instruments as well. ⚠️ Disclaimer This indicator is designed for educational and research purposes only. It does not guarantee profits and should not be considered financial advice. Trading in financial markets involves significant risk, including the potential loss of capital.
Pine Script® strategy
by Truth_Strategy_Indie
RSI EMA Crossover with Price ActionThe RSI and RSI's EMA Crossover with Price Action (1:2 Risk-Reward) strategy combines Momentum, Trend confirmation, and Basic price-action logic to generate high-probability trade setups with Proper Risk Management. This script identifies entries when the RSI crosses a key threshold and aligns with an RSI - EMA crossover, confirming Exhaustion of a current trend and Price action confirms the Change in Trend direction. It integrates price action filters to avoid false signals during low-volatility or choppy conditions. The strategy also includes a risk-management module, setting a fixed 1:2 risk-to-reward ratio — automatically placing a take-profit target twice the size of the stop loss. Also the Stop loss can be adjusted to nearest swing low or last 3 candles Low. to avoid Stoploss hunt. Features ✅ RSI and EMA crossover confirmation for directional bias ✅ Basic price-action validation (optional filters) ✅ Configurable stop-loss and take-profit levels (default 1:2) ✅ Visual trade markers for entries and exits Disclaimer: This script is intended for educational and research purposes only. It should not be considered financial advice or a guaranteed trading system. Users are encouraged to test and optimize parameters before using in live markets.
Pine Script® indicator
by earnwhileulearn
2
nOI + Funding + CVD • strategynOI + Funding + CVD Strategy Overview This strategy is designed for cryptocurrency trading on platforms like TradingView, focusing on perpetual futures markets. It combines three key indicators—Normalized Open Interest (nOI), Funding Rate, and Cumulative Volume Delta (CVD)—to generate buy and sell signals for long and short positions. The strategy aims to capitalize on market imbalances, such as overextended open interest, funding rate extremes, and volume deltas, which often signal potential reversals or continuations in trending markets. The script supports pyramiding (up to 10 positions), uses percentage-based position sizing (default 10% of equity per trade), and allows customization of trade directions (longs and shorts can be enabled/disabled independently). It includes multiple signal systems for entries, various exit mechanisms (including stop-loss, take-profit, time-based exits, and conditional closes based on indicators), a Martingale add-on system for averaging positions during drawdowns, and handling of opposite signals (ignore, close, or reverse). This strategy is not financial advice; backtest thoroughly and use at your own risk. It requires data sources for Open Interest (OI) and Funding Rates, which are fetched via TradingView's security functions (e.g., from Binance for funding premiums). Key Indicators 1. Normalized Open Interest (nOI) Group: Open Interest Purpose: Measures the relative level of open interest over a lookback window to identify overbought (high OI) or oversold (low OI) conditions, which can indicate potential exhaustion in trends. Calculation: Fetches OI data (close) from the symbol's standard ticker (e.g., "{symbol}_OI"). Normalizes OI within a user-defined window (default: 500 bars) using min-max scaling: (OI - min_OI) / (max_OI - min_OI) * 100. Upper threshold (default: 70%): Signals potential short opportunities when crossed from above. Lower threshold (default: 30%): Signals potential long opportunities when crossed from below. Visualization: Plotted as a line (teal above upper, red below lower, gray in between). Horizontal lines at upper, mid (50%), lower, and a separator at 102%. Notes: Handles non-crypto symbols by adjusting timeframe to daily if intraday. Errors if no OI data available. 2. Funding Rate Group: Funding Rate Purpose: Tracks the average funding rate (premium index) to detect market sentiment extremes. Positive funding suggests bull bias (longs pay shorts), negative suggests bear bias. Calculation: Fetches premium index data from Binance (e.g., "binance:{base}usdt_premium"). Supports lower timeframe aggregation (default: enabled, using 1-min TF) for smoother data. Averages open and close premiums, clamps values, and scales/shifts for plotting (base: 150, scale: 1000x). Upper threshold (default: 1.0%): Overheat for shorts. Lower threshold (default: 1.0%): Overcool for longs. Ultra level (default: 1.8%): Extreme for additional short signals. Smoothing: Uses inverse weighted moving average (IWMA) or lower-TF aggregation to reduce noise. Visualization: Shifted plot (green positive, red negative) with filled areas. Horizontal lines for overheat, overcool, base (0%), and ultra. Notes: Custom ticker option for non-standard symbols. 3. Cumulative Volume Delta (CVD) Group: CVD (Cumulative Volume Delta) Purpose: Measures net buying/selling pressure via volume delta, normalized to identify divergences or confirmations with price. Calculation: Delta: +volume if close > open, -volume if close < open. Cumulative: Rolling cumsum over a window (default: 500 bars), smoothed with EMA (default: 20). Normalized: Scaled by absolute max in window (-1 to 1 range). Scaled/shifted for plotting (base: 300 or 0 if anchored, scale: 120x). Upper threshold (default: 1.0%): Over for shorts. Lower threshold (default: 1.0%): Under for longs. Visualization: Shifted plot (aqua positive, purple negative) with filled areas. Horizontal lines for over, under, and separator (default: 252). Filter Options (for Signal A): Enable filter (default: false). Require sign match (Long ≥0, Short ≤0). Require extreme zones. Require momentum (rising/falling over N bars, default: 3). Signal Logics for Entries Entries are triggered by buy/sell signals from multiple systems (A, B, C, D), filtered by direction toggles and entry conditions. Signal System A: OI + Funding (with optional CVD filter) Enabled: Default true. Sell (Short): nOI > upper threshold, falling over N bars (default: 3), delta ≥ threshold (default: 3%), funding > overheat, and CVD filter OK. Buy (Long): nOI < lower threshold, rising over N bars (default: 3), delta ≥ threshold (default: 3%), funding < overcool, and CVD filter OK. Signal System B: Short - Funding Crossunder + Filters Enabled: Default true. Sell (Short): Funding crosses under overheat level, optional: CVD > over, nOI < upper. Signal System C: Short - Ultra Funding Enabled: Default false. Sell (Short): Funding crosses ultra level (up or down, both default true). Signal System D: Long - Funding Crossover + Filters Enabled: Default true. Buy (Long): Funding crosses over overcool level, optional: CVD < under, nOI > lower. Combined: Sell if A/B/C active; Buy if A/D active. Entry Filters Cooldown: Optional pause between entries (default: false, 3 bars). Max Entries: Limit pyramiding (default: true, 6 max). Entries only if both filters pass and direction allowed. Opposite Signal Handling Mode: Ignore (default), Reverse (close and enter opposite), or Close (exit only). Processed before regular entries. Position Management Martingale (3 Steps): Enabled per step (default: all true). Triggers add-ons at loss levels (defaults: 5%, 8%, 11%) by adding % to position (default: 100% each). Resets on position close. Break Even: Enabled (default: true). Activates at profit threshold (default: 5%), sets SL better by offset (default: 0.1%). Exit Systems Multiple exits checked in sequence. Exit 1: SL/TP Enabled: Separate for long/short (default: true). SL: % from avg price (defaults: 1% long/short). TP: % from avg price (defaults: 2% long/short). Exit 2: Funding Enabled: Separate for long (up) / short (down) (default: true). Long Exit: Funding > upper exit threshold (default: 0.8%). Short Exit: Funding < lower exit threshold (default: 0.8%). Exit 3: nOI Enabled: Separate for long (up) / short (down) (default: true). Long Exit: nOI > upper exit (default: 85%). Short Exit: nOI < lower exit (default: 15%). Exit 4: Global SL Enabled: Default true. Exit: If position loss ≥ % (default: 7%). Exit 5: Break Even (integrated in position block) Exit 6: Time Limit Enabled: Separate for long/short (default: true). Exit: After N bars in trade (defaults: 30 each). Timer updates on add-ons if enabled (default: true). Visual Elements Buy/Sell Labels: Small labels ("BUY"/"SELL") on bars with signals, limited to last 30. All indicators plotted on a separate pane (overlay=false). Usage Notes Backtesting: Adjust parameters based on asset/timeframe. Test on historical data. Data Requirements: Works best on crypto perps with OI and funding data. Risk Management: Incorporates SL/TP and global SL; monitor drawdowns with Martingale. Customization: All thresholds, enables, and scales are inputs for fine-tuning. Version: Pine Script v6. For questions or improvements, contact the author. Happy trading!
Pine Script® strategy
by RezzoRedPriest
Smart Divergence Engine Overlay [ChartNation]What this does This overlay projects the Smart Divergence Engine’s confirmed RSI divergences directly on the price chart. It draws compact lines between swing points and optional BUY/SELL labels anchored to the exact pivot candles, so the signals stick to the candles when you zoom or pan. It uses the same internal engine as the panel version (smoothed RSI + stdev bands + pivot logic) but renders the result where most traders act—on price. How it works RSI engine. RSI is lightly smoothed, then a 34-period SMA with stdev bands frames regime/volatility context. Pivot confirmation. Swings are defined by Pivot Left/Right. On the bar where a pivot confirms (after Pivot Right bars), the script compares price vs RSI at that pivot bar (rsi ). Bullish divergence: price lower low, RSI higher low. Bearish divergence: price higher high, RSI lower high. Overlay rendering. Lines are created between the two most recent confirmed pivots using bar indices, so drawings remain perfectly anchored to the candles. Why this is useful You get structure-true divergences (only after a swing is confirmed), drawn on price for immediate confluence with S/R, patterns, and candle context—no guesswork mapping from an oscillator pane. Inputs (key) Price Source, RSI Length (14) Band Length (34), Band Multiplier (1.618) Overbought / Oversold (68/32) – for internal offsets Pivot Left / Right (10/10) – swing definition and confirmation delay Show lines / Show labels, Line width, Bull/Bear colors Visuals Lines connecting the two pivots that form the divergence. Optional BUY/SELL labels placed at the confirming pivot candle. Alerts Use these for automation or notifications: Bullish Divergence (Overlay) Bearish Divergence (Overlay) How to use (practical) Treat each printed divergence as context, then align with price action: break/retest, key levels, higher-timeframe bias. In strong trends, counter-trend divergences are weaker—wait for structure shifts (e.g., HH/HL after a bull div, LH/LL after a bear div). Notes & limitations Signals appear after Pivot Right bars—this ties them to confirmed structure and prevents historical updating. This is a price overlay only. If you want band/RSI context, pair it with the panel.
Pine Script® indicator
by chartnation
VMS Multi Index Options Buying Indicator📊 VMS Multi-Index Options Buying Indicator – Consolidated Overview ________________________________________ 🎯 What It Is A professional-grade options trading system that analyses multiple technical parameters to generate quantified buy signals for call and put options. It includes: • Integrated risk management • Multi-layered confirmation • Quantified strength scores ________________________________________ ⚡ Core Functionality • Dual Analysis System: Call and put analysis running simultaneously • Multi-Timeframe Analysis: Intraday to swing trading • Quantified Scoring: Objective 0–7 strength scoring system • Holistic Market View: Combines technicals, levels, volume, and momentum into a single signal ________________________________________ 🔧 Technical Components 1. VMS Core Momentum System • VMS SQZM Momentum: Primary oscillator (must be positive for both calls and puts) • VMS Index Trends: Short-term and medium-term alignment • Strength Scoring: 7-point system evaluating multiple parameters 2. Support/Resistance Levels (L0–L10) Level Significance Options Trading Application L00–L02 Strong Support Ideal for CALL BUY entries L05 Critical Decision Point Wait for confirmation L08–L9 Strong Resistance Ideal for PUT BUY entries 3. ATR Trend System • Green Lines: Bullish momentum (favour calls) • Red Lines: Bearish momentum (favour puts) • ▲/▼ Triangles: Primary entry signals • +L/+S Signals: Add-to-position opportunities 4. Volume Confirmation • Real-time buy/sell volume analysis • Cumulative volume trends • Bullish/bearish candle counts • Net volume direction confirmation 5. Spread Analysis • Call-put spread direction and momentum • Market sentiment gauge • Options flow implications ________________________________________ 📈 Signal Generation Strength-Based Signals • STRONG BUY: ≥4/7 strength points + clear advantage • WEAK BUY: 3–3.9/7 strength points + modest advantage • NO TRADE: All other scenarios Critical Rules • Both call and put VMS SQZM must be positive for any trade • A clear strength advantage is required over the opposite option • Volume confirmation enhances signal reliability ________________________________________ 🧩 Ideal Trade Setups Call Buy Setup if (call_strength >= 4 and call_strength > put_strength and val_call > 0 and val_put > 0 and ATR_trend_green and price_near_support and volume_bullish and spread_positive_expanding): execute_strong_call_buy() Put Buy Setup if (put_strength >= 4 and put_strength > call_strength and val_put > 0 and val_call > 0 and ATR_trend_red and price_near_resistance and volume_bearish and spread_negative_contracting): execute_strong_put_buy() ________________________________________ 📊 Dashboard Interpretation Guide Section Call Buy Signal Put Buy Signal Critical Check Spread Positive + Expanding Negative + Contracting Must confirm direction VMS SQZM Green + Positive Green + Positive Both must be positive Strength ≥4 & > Put ≥4 & > Call Primary decision factor Squeeze "ON" preferred "ON" preferred Increases probability Levels Near L00–L02 Near L08–L10 Confluence adds confidence ATR Green + Rising Red + Falling Trend alignment Volume Bullish patterns Bearish patterns Must confirm signal ________________________________________ ⏰ Timeframe-Specific Strategies Intraday Trading (5–15 min) • Monitor strength changes every candle • Use +L/+S for quick scalp entries • Exit before last 30 minutes • Tighter stops (50% premium) Swing Trading (1H–Daily) • Require ≥4.5 strength scores • Focus on major level breaks (L00, L05, L10) • Use wider stops (60% premium) • Hold until the opposite signal generation ________________________________________ 🛡️ Risk Management Integration • Automatic position sizing based on signal strength • Built-in exit triggers and stop-loss levels • Daily trade limits and risk controls ________________________________________ 💡 Unique Value • Quantified scoring removes emotional trading • Multiple confirmation layers reduce false signals • Comprehensive dashboard for quick decision-making • Options-specific analysis (not generic indicators) ________________________________________ 🚨 Quick Decision Flowchart 1. Start → Check strength scores 2. Call ≥4 & > Put? → Yes → Check VMS SQZM >0? → Yes → ✅ Strong Call Buy 3. Put ≥4 & > Call? → Yes → Check VMS SQZM >0? → Yes → ✅ Strong Put Buy 4. Call ≥3 & > Put? → Yes → ✅ Weak Call Buy (reduced size) 5. Put ≥3 & > Call? → Yes → ✅ Weak Put Buy (reduced size) 6. ❌ No Trade – Wait for better setup ________________________________________ ⚠️ Important Note This is a decision support tool – not a guaranteed profit system. It requires: • Proper risk management • Trading experience • Integration into a comprehensive trading strategy Ideal for traders who want a systematic approach, objective signals, options focus, and multiple confirmation layers. 🎯 VMS Multi-Index Options Buying Indicator - MASTER CHEAT SHEET 📊 QUICK DECISION MATRIX 🟢 CALL BUY SIGNALS (All Must Align) Component Strong Signal Weak Signal Strength ≥4 & > Put 3-3.9 & > Put VMS SQZM Both Positive Both Positive Spread Positive + Expanding Positive ATR Green + Rising Green Levels L00-L02 Near Support Volume Bullish Confirmed Mixed Bullish Squeeze ON Any 🔴 PUT BUY SIGNALS (All Must Align) Component Strong Signal Weak Signal Strength ≥4 & > Call 3-3.9 & > Call VMS SQZM Both Positive Both Positive Spread Negative + Contracting Negative ATR Red + Falling Red Levels L08-L10 Near Resistance Volume Bearish Confirmed Mixed Bearish Squeeze ON Any ________________________________________ ⚡ INSTANT EXECUTION RULES ✅ STRONG TRADES (High Conviction) # STRONG CALL BUY if (call_strength >= 4 and call_strength > put_strength and val_call > 0 and val_put > 0): execute_call_buy() # STRONG PUT BUY if (put_strength >= 4 and put_strength > call_strength and val_put > 0 and val_call > 0): execute_put_buy() 🟡 WEAK TRADES (Reduced Size Only) if strength >= 3 and strength > opposite_strength: execute_weak_trade() # 30-50% normal size ❌ NO TRADE CONDITIONS if (any_vms_sqzm_negative or both_strengths >= 3 or strength < 3 or no_clear_advantage): AVOID_TRADE() ________________________________________ 🎯 CONFIRMATION HIERARCHY PERFECT CALL SETUP 1. ✅ Strength: Call ≥4, Put < Call 2. ✅ VMS SQZM: Both positive 3. ✅ Spread: Positive & Expanding 4. ✅ ATR: Green + Rising 5. ✅ Levels: Near L00-L02 support 6. ✅ Volume: Bullish confirmation 7. ✅ Squeeze: ON PERFECT PUT SETUP 1. ✅ Strength: Put ≥4, Call < Put 2. ✅ VMS SQZM: Both positive 3. ✅ Spread: Negative & Contracting 4. ✅ ATR: Red + Falling 5. ✅ Levels: Near L08-L10 resistance 6. ✅ Volume: Bearish confirmation 7. ✅ Squeeze: ON ________________________________________ 📈 POSITION MANAGEMENT 🎚️ Sizing Matrix Signal Strength Position Size Stop Loss Profit Target ≥4 (STRONG) 70-80% normal 50-60% premium 1:1 R:R + Trail 3-3.9 (WEAK) 30-50% normal 40-50% premium Quick 1:1 <3 (NO TRADE) 0% N/A N/A 🚪 Exit Triggers • Stop Loss: 50-60% premium loss OR VMS SQZM turns negative • Profit Taking: 50% at 1:1, trail balance using VMS Index • Signal Exit: Opposite strength reaches ≥3 OR current strength drops below entry ________________________________________ ⏰ TIMEFRAME STRATEGIES 🔄 Intraday (5-15 min) • Monitor strength changes every candle • Exit before last 30 minutes • Tighter stops (50% premium) • Use +L/+S for quick scalps 📅 Swing (1H-Daily) • Require ≥4.5 strength scores • Focus on major level breaks • Wider stops (60% premium) • Hold until opposite signal ________________________________________ 🛡️ RISK MANAGEMENT 📉 Daily Limits • Max Trades: 3 per day • Max Risk: 2% capital per trade • Loss Limit: Stop after 2 consecutive losses • Portfolio: Never trade both call/put simultaneously 🧠 Psychological Rules 1. Wait for clear signals - don't force 2. Respect strength scoring - no overrides 3. Stick to position sizing - no revenge trading 4. Accept "NO TRADE" as valid outcome ________________________________________ 🚀 QUICK START FLOW 1. CHECK Strength Scores 2. CONFIRM VMS SQZM Both Positive 3. VALIDATE Spread Direction 4. ALIGN ATR Trend 5. CONFIRM Volume & Levels 6. EXECUTE or WAIT ________________________________________ 📊 VMS DASHBOARD FLOWCHART START → Check Strength Scores ↓ → YES → → YES → 🟢 STRONG CALL ↓ NO ↓ NO → YES → → YES → 🔴 STRONG PUT ↓ NO ↓ NO → YES → 🟡 WEAK CALL (Reduce Size) ↓ NO → YES → 🟡 WEAK PUT (Reduce Size) ↓ NO ❌ NO TRADE - Wait ________________________________________ ⚠️ CRITICAL REMINDERS • MUST: Both VMS SQZM positive for ANY trade • MUST: Clear strength advantage (≥0.5 difference) • PREFER: Volume confirmation for maximum size • AVOID: Trading during news events • RESPECT: Daily risk limits ________________________________________ 💡 SUCCESS FORMULA Patience + Confirmation + Risk Management = Consistent Results Wait for ≥4 strength signals with multiple confirmations, always use proper position sizing, and journal every trade. Happy Trading! 📈 Remember: This system provides probabilities, not guarantees. Always trade with proper risk management and within your financial means.
Pine Script® indicator
by madhavbbs
Impulse MACD + VixFix Combo [TCMaster]🧠 Description (for TradingView) Impulse MACD + VixFix Combo is a powerful dual-momentum indicator that combines the Impulse MACD (trend & momentum shifts) with the CM_Williams_VixFix (market top & bottom detector). This hybrid tool provides early momentum signals while also identifying potential volatility-based reversals — helping traders spot both trend continuations and reversal zones in a single chart. 📊 Features Impulse MACD (LazyBear style): Detects early momentum shifts through ZLEMA & SMMA smoothing. Displays trend color changes (green/red/orange/lime). Generates Buy/Sell alerts when the MACD crosses its signal line below/above zero. Can optionally color bars based on momentum direction. CM_Williams_VixFix (Enhanced Version): Identifies market tops and bottoms using volatility spikes. Features independent visual scaling for better comparison with MACD. Alerts when price volatility suggests a possible reversal zone. Plotted as a histogram for clear contrast with MACD lines. ⚙️ Settings Separated into two groups: Impulse MACD Settings VixFix Settings Includes adjustable lookback periods, smoothing lengths, and scaling factor for better visual balance. 💡 How to Use Look for Buy signals when the Impulse MACD crosses above its signal line below zero, ideally when VixFix shows a market bottom. Look for Sell signals when the Impulse MACD crosses below its signal line above zero, ideally when VixFix shows a market top. Combine with price structure, support/resistance, or volume for confirmation.
Pine Script® indicator
by TCMaster
EdgeFlow: Momentum Ribbon📘 9/21 EMA + Stochastic Strategy This indicator combines EMA trend structure with Stochastic momentum extremes to generate clean, high-probability entry confirmations — visualized through a dynamic color-filled ribbon. 🔹 Core Concept The script looks for market conditions where short-term momentum (Stochastic) aligns with trend direction (9 EMA vs 21 EMA). It then waits for price-action confirmation before triggering an entry — avoiding premature signals. Trend Filter: Bullish: 9 EMA > 21 EMA Bearish: 9 EMA < 21 EMA Setup Condition: Bullish Setup: Stochastic (8, 3, 3) crosses below 20 while EMAs are stacked bullish. Bearish Setup: Stochastic (8, 3, 3) crosses above 80 while EMAs are stacked bearish. Entry Confirmation: Long Confirm: Candle closes above previous candle’s high while EMAs remain bullish. Short Confirm: Candle closes below previous candle’s low while EMAs remain bearish. 🎨 Visual Elements Ribbon Fill: Green when 9 EMA > 21 EMA, red when 9 EMA < 21 EMA. (EMAs themselves are hidden for a cleaner look.) Markers: Small green/red circles = setup triggered (waiting for confirmation) Triangles = confirmed entries (Long = Up Triangle, Short = Down Triangle) 🔔 Alerts Four ready-made alerts are included: 🟢 Bullish Setup Triggered 🔴 Bearish Setup Triggered ✅ Bullish Entry Confirmed ✅ Bearish Entry Confirmed Use them to receive notifications when setups form or confirm on your chosen timeframe. ⚙️ Recommended Use Designed for 3-minute charts (scalping & short-term intraday), but adaptable to any timeframe. Works effectively on indices, crypto, and FX. Can be combined with volume or higher-timeframe filters for extra precision. 🧠 Summary This indicator gives a clean, rules-based structure: Identify the trend. Wait for a momentum pullback (Stochastic extreme). Entry after price confirms direction is recommended.
Pine Script® indicator
by tncylyv
7
Delta ROC (acceleration) + GuideStan Druckenmiller often stresses that markets are driven not by absolute numbers but by their rate of change. He says the key is to “focus on the central banks and the movement of liquidity,” and notes that “because it used second-derivative rate of change, these things will often bottom a year to a year and a half before the fundamentals.” In essence, he looks for inflection points—moments when momentum itself begins to turn—well before the data or headlines confirm it. The ΔROC (Delta Rate of Change) indicator applies that same philosophy. It measures both the first derivative of price (ROC: speed or momentum) and the second derivative (ΔROC: acceleration or deceleration of that momentum). Green bars signal that momentum is accelerating—buyers gaining control—while red bars show slowing momentum or exhaustion. Combine this with trend filters like the 30- and 50-day moving averages to spot early shifts in sentiment and liquidity—the kind of turning points Druckenmiller calls the “second-derivative moments” that often lead the real economy by months.
Pine Script® indicator
by GoyalKapil354
Average Directional Index with Key Level and Reversal Marker ADXOverview This indicator calculates the Average Directional Index (ADX) and adds a visual marker when a potential trend reversal occurs above a key ADX level. How it works The indicator computes ADX using built-in ta.adx() and DI lines. When ADX peaks above the Key Level and then starts descending, a blue circle marker highlights the reversal area. You can adjust: ADX Length (adxlen) DI Length (dilen) Key Level (keyLevel) Mark bar window (markBars) Use case Helps traders identify strong trend exhaustion points and potential trend reversals in any timeframe or asset. Notes Works on all symbols and timeframes. Does not repaint or use future data. The blue circle marks the latest reversal within the last markBars bars. © reysudo.dev — Open-source educational indicator.
Pine Script® indicator
by sudo_delete_evil
Emerson v8.4 – Kulture Metrics🜂 Emerson v8.4 – Kulture Metrics “When volatility breathes, probability answers.” The Emerson Engine isn’t another indicator—it’s a precision instrument built to exploit the hidden mathematics of motion. Born from Kulture Metrics’ Nosreme lineage, this model fuses trend architecture, volatility anatomy, and Linetsky’s path-integral weighting into one living signal core. It doesn’t predict — it quantifies belief. Each trigger passes through three unforgiving filters: Classical Trend & Momentum Logic — directional strength, pure and unadulterated. Squeeze Regime Anticipation — volatility compression before the break. Path-Integral Confirmation — stochastic payoffs weighted by risk-free discounting and volatility density. The result? Only signals where the math, the market, and the moment all align — Absolute Confirmations. No noise. No guessing. No emotion. In practice, Emerson waits. It calculates. Then it strikes with surgical precision — entries that respect volatility, discount rates, and expected path contributions like a derivatives desk built into your chart. Each decision point carries the full weight of stochastic probability theory — the same principles driving modern option pricing — yet distilled into something you can read at a glance. Benefits that separate you from the herd: ✅ Trades filtered by volatility percentile and expected payoff distribution — not gut feel. ✅ Dotted bias line reveals the “probabilistic current” beneath price itself. ✅ Alerts trigger only when logic, momentum, and probability form a unanimous verdict. ✅ Dynamic macro-window shading adapts to volatility pressure in real time. ✅ Every entry inherently respects your risk, target, and discounting horizon. Emerson v8.4 doesn’t ask the market what’s happening — it tells it what must happen next, given the probabilities. It’s not designed to comfort. It’s designed to confirm. Kulture Metrics. Built for traders who understand that randomness is just order not yet resolved.
Pine Script® indicator
by kulturemetrics
RSI Divergence DetectorOverview The RSI Divergence Detector is a comprehensive technical analysis tool designed to identify both regular and hidden divergences between price action and the Relative Strength Index (RSI). This indicator helps traders spot potential trend reversals and continuations by automatically detecting when price movements diverge from RSI momentum. What are Divergences? Regular Divergences signal potential trend reversals: Bullish Divergence: Price makes a lower low while RSI makes a higher low → Potential upward reversal Bearish Divergence: Price makes a higher high while RSI makes a lower high → Potential downward reversal Hidden Divergences signal trend continuation: Hidden Bullish Divergence: Price makes a higher low while RSI makes a lower low → Uptrend continuation Hidden Bearish Divergence: Price makes a lower high while RSI makes a higher high → Downtrend continuation Automatic Divergence Detection Detects all four types of divergences automatically Draws connecting lines between divergence points on the RSI Labels each divergence with clear text indicators ("Bull", "Bear", "HBull", "HBear") Independent toggle switches for each divergence type Dynamic RSI Display RSI line changes color based on momentum: Green when RSI is above 50 (bullish momentum) Red when RSI is below 50 (bearish momentum) Standard overbought (70) and oversold (30) levels marked Shaded background zones for overbought/oversold areas Pivot Detection System Adjustable pivot lookback period (default: 4 bars) Visual pivot markers at tops and bottoms of RSI Configurable maximum divergence range (default: 60 bars) Adjust the setting to you desired sensitivity on each timeframe. Full Customization Suite Label Customization: Choose label size (Tiny, Small, Normal, Large, Huge) Separate color selection for each divergence type Adjustable transparency (0-100%) Line Customization: Independent color control for bullish and bearish lines Line style options for each type (Solid, Dashed, Dotted) Default: Regular divergences use dashed lines, hidden divergences use dotted lines Visual Settings: Customizable overbought/oversold zone colors and transparency Gray horizontal reference lines (70, 50, 30) Pivot markers with adjustable visibility Default Settings RSI Length: 14 periods Pivot Lookback: 4 bars Max Divergence Range: 60 bars Label Size: Normal Bullish Color: #4CAF50 (Material Green) Bearish Color: #FF5252 (Material Red) Regular Line Style: Dashed Hidden Line Style: Dotted How to Use Customize Settings: Adjust colors, line styles, and detection parameters to your preference Toggle Divergence Types: Enable/disable specific divergence types based on your trading strategy Identify Signals: Look for labeled divergences with connecting lines on the RSI pane Confirm with Price Action: Use divergences in conjunction with other technical analysis tools Best Practices Regular Divergences: Best used to spot potential reversals at market extremes Hidden Divergences: Best used to identify pullback entry points in trending markets Confirmation: Always wait for price confirmation before entering trades based on divergences Multiple Timeframes: Check for divergences across multiple timeframes for stronger signals Risk Management: Use proper stop-losses as not all divergences lead to reversals Technical Specifications PineScript Version: v6 Indicator Type: Oscillator (separate pane) Maximum Lines: 500 Calculation Method: Pivot-based divergence detection using price and RSI comparisons
Pine Script® indicator
by xrischosser
Smart Divergence Engine [ChartNation]What this does Smart Divergence Engine is an RSI-based analysis panel that helps you spot momentum exhaustion and structure-backed reversals. It blends four concepts into one workflow: a smoothed RSI “price line,” volatility bands around that RSI, a “Shark Fin” re-entry filter that highlights stretched moves snapping back inside the bands, and pivot-confirmed RSI divergences (bullish/bearish) rendered cleanly on the panel with optional glow. This script is designed to be a clear decision aid, not a mashup for its own sake—the components work together to qualify divergences with volatility context and proper swing confirmation. How it works? RSI engine. The script computes RSI on your chosen source, then applies a light RMA smoothing to form the “price line.” Volatility bands. A 34-period SMA of the RSI creates a basis; standard deviation bands are projected using a configurable multiplier (default 1.618). The dotted 50 line anchors bias. Shark Fin (exhaustion cue). When RSI stretches beyond the outer band by a small buffer and then re-enters the band with slope confirmation and a minimum stdev (volatility) condition, the script fills the gap between RSI and the violated band (20% style by default). A cooldown avoids back-to-back signals. Confirmed divergences. Swing points are detected using Pivot Left/Right. When a new pivot confirms (i.e., after Pivot Right bars), the script compares price vs RSI at the pivot bar (rsi ). Bullish divergence: price makes a lower low while RSI makes a higher low. Bearish divergence: price makes a higher high while RSI makes a lower high. Confirmed events are drawn as lines between the last two pivots with compact labels (“Bull” / “Bear”). Once printed, they do not update historically. Why this is useful Divergences alone can be noisy. By waiting for swing confirmation and adding a volatility-aware re-entry filter, the panel focuses attention on exhaustion areas that align with structure—reducing false positives during choppy conditions. The gradient “beauty mode” improves readability of RSI regimes around the 50 midline without cluttering the pane. Inputs (key settings) RSI Length (default 14) – momentum window. Volatility Band Length (34) and Band Multiplier (1.618) – widen/narrow band sensitivity. Overbought / Oversold (68/32) – horizontal guides and internal offsets for labels. Pivot Left / Pivot Right (default 10/10) – swing definition; divergence is evaluated at the pivot bar (rsi ). Shark Fin controls: Fin depth buffer (RSI pts) – how far beyond the band counts as “stretched.” Min band stdev – volatility threshold to qualify fins. Min bars between fins – cooldown. Style / Beauty Mode: optional gradient fill above/below 50, divergence line glow and widths, top/bottom colors, and opacity. Visuals RSI line (thin, smoothed), upper/lower bands, 50 midline (dotted). Shark Fin shows only as a soft fill while forming; confirmations are alertable. Divergences draw compact lines + tiny dot + “Bull/Bear” labels on the panel. Glow and widths are user-tunable. Alerts Configure alerts on any chart/timeframe using these built-in conditions: “RSI Shark Fin — Bullish” – RSI re-entered from below the lower band (with slope + stdev + cooldown). “RSI Shark Fin — Bearish” – RSI re-entered from above the upper band (with slope + stdev + cooldown). “Bullish Divergence (Panel)” – pivot-confirmed bullish divergence. “Bearish Divergence (Panel)” – pivot-confirmed bearish divergence. How to use (practical playbook) Confluence first. Divergences are stronger when Shark Fin confirms exhaustion and RSI is transitioning around the 50 midline. Trend context. In strong trends, counter-trend divergences can fail; consider waiting for RSI to re-enter the band or reclaim/loss the 50 line. Risk management. Treat signals as context, not entries on their own—pair with price action (structure, S/R, candles) and a predefined stop/size plan. Notes & limitations Divergences and labels only appear after a swing completes (after Pivot Right bars). This keeps signals tied to confirmed structure. This panel operates in oscillator space (overlay=false). If you prefer price-chart markers/lines, use the companion overlay version built on the same logic.
Pine Script® indicator
by chartnation
MPO4 Lines – Modal Engine█ OVERVIEW MPO4 Lines – Modal Engine is an advanced multi-line modal oscillator for TradingView, designed to detect momentum shifts, trend strength, and reversal points through candle-based pressure analysis with multiple fast lines and a reference slow line. It features divergence detection on Fast Line A, overbought/oversold return signals, dynamic coloring modes, and layered gradient visualizations for enhanced clarity and decision-making. █ CONCEPT The indicator is built upon the Market Pressure Oscillator (MPO) and serves as its expanded evolution, aimed at enabling broader market analysis through multiple lines with varying parameters. It calculates modal pressure using candle body size and direction, weighted against average body size over a lookback period, then normalized and smoothed via EMA. It generates four distinct oscillator lines: a heavily smoothed Slow Line (trend reference), two Fast Lines (A & B) for momentum and support/resistance, and an optional Line 4 for additional confirmation. Divergence is calculated solely on Fast Line A, with visual gradients between lines and bands for intuitive interpretation. █ WHY USE IT? - Multi-Layer Momentum: Combines slow trend reference with dual fast lines for precise entry/exit timing. - Divergence Precision: Bullish/bearish divergences on Fast Line A with labeled confirmation. - OB/OS Return Signals: Clear buy/sell markers when Fast Line A exits oversold/overbought zones. - Dynamic Visuals: Gradient fills, line-to-line shading, and band gradients for instant market state recognition. - Flexible Coloring: Slow Line color by direction or zero-position; fast lines by sign. - Full Customization: Independent lengths, smoothing, visibility, and transparency — by adjusting the lengths of different lines, you can tailor results for various strategies; for example, enabling Line 4 and tuning its length allows trading based on crossovers between different lines. █ HOW IT WORKS? - Candle Pressure Calculation: Body = math.abs(close - open); avgBody = ta.sma(body, len). Direction = +1 (bull), –1 (bear), 0 (neutral). Weight = body / avgBody. Contribution = direction × weight. - Rolling Sum & Normalization: Sums contributions over lookback, normalizes to ±100 scale (÷ (len × 2) × 100). Smoothing: Applies primary EMA (smoothLen), with extra EMA on Slow Line for stability. Line Structure: - Slow Line = calcCPO(len1=20, smoothLen1=5) → extra EMA (5) - Fast Line A = calcCPO(len2=6, smoothLen2=7) - Fast Line B = calcCPO(len3=6, smoothLen3=10) - Line 4 = calcCPO(len4=14, smoothLen4=1) Divergence Detection: Uses ta.pivothigh/low on price and Fast Line A (pivotLength left/right). Bullish: lower price low + higher osc low. Bearish: higher price high + lower osc high. Valid within 5–60 bar window. Signals: - Buy: Fast Line A crosses above oversold (–30) - Sell: Fast Line A crosses below overbought (+30) - Slow Line color flip (direction or zero-cross) - Divergence labels ("Bull" / "Bear") - Band Coloring as Momentum Signal: When Fast Line A ≤ Fast Line B → Overbought band turns red (bearish pressure building) When Fast Line A > Fast Line B → Oversold band turns green (bullish pressure building) This dynamic coloring serves as visual confirmation of momentum shift following fast line crossovers Visualization: - Gradients: Fast B → Zero (multi-layer fade), Fast A ↔ B fill, OB/OS bands - Dynamic colors: Green/red based on sign or trend - Zero line + dashed OB/OS thresholds Alerts: Trigger on OB/OS returns, Slow Line changes, and divergences. █ SETTINGS AND CUSTOMIZATION - Line Visibility: Toggle Slow, Fast A, Fast B, Line 4 independently. Line Lengths: - Slow Line: Base (20), Primary EMA (5), Extra EMA (5) - Fast A: Lookback (6), EMA (7) - Fast B: Lookback (6), EMA (10) - Line 4: Lookback (14), EMA (1) - Slow Line Coloring Mode: “Direction” (trend-based) or “Position vs Zero”. - Bands & Thresholds: Overbought (+30), Oversold (–30), step 0.1. - Signals: Enable Fast A OB/OS return markers (default: on). - Divergence: Enable/disable, Pivot Length (default: 2, min 1). - Colors & Appearance: Full control over bullish/bearish hues for all lines, zero, bands, divergence, and text. Gradients & Transparency: - Fast B → Zero: 75 (default) - Fast A ↔ B fill: 50 - Band gradients: 40 - Toggle each gradient independently █ USAGE EXAMPLES The indicator allows users to configure various strategies manually, though no built-in alerts exist for them. Entry signals can include color of fast lines, crossovers between different lines, alignment of colors across lines, or consistency in direction. - Trend Confirmation: Slow Line above zero + green = bullish bias; below + red = bearish. - Entry Timing: Buy on Fast A crossing above –30 (circle marker), especially if Slow Line is rising or near zero. - Reversal Setup: Bullish divergence (“Bull” label) + Fast A in oversold + green gradient band = high-probability long. - Scalping: Fast A vs Fast B crossover in direction of Slow Line trend. - Noise Reduction: Increase extraSmoothLen on Slow Line █ USER NOTES - Best combined with volume, support/resistance, or trend channels. - Adjust lookback and smoothing to asset volatility. - Divergence delay = pivotLength; plan entries accordingly.
Pine Script® indicator
by Uncle_the_shooter
2
PTM Momentum v1.6 (QS)PTM Momentum v1.6 (QS): Decode Market Momentum with Quantitative Insight The PTM Momentum indicator is a sophisticated yet intuitive tool designed to provide traders with a deeper understanding of market momentum. Moving beyond traditional RSI and Stochastic analysis, PTM Momentum utilizes a proprietary quantitative scoring engine to measure not just the direction of momentum, but its quality and reliability. This allows traders to filter out market noise, avoid false signals, and make decisions with greater confidence. Version 1.6 (QS - Quant Score) represents a major leap forward, transforming a classic oscillator into an intelligent momentum analysis tool. Key Features of PTM Momentum v1.6 (QS): 1. The Quant Score (QS) Engine: A Dual-Analysis System The heart of PTM Momentum is the proprietary Quant Score engine, which delivers two critical metrics in a simple, easy-to-read label: * Momentum Score (0-100): This score measures the true strength of the current momentum. By analyzing both the level and the rate-of-change of smoothed RSI and Stochastic, it provides a normalized score that clearly defines the market state: Very Bullish, Bullish, Neutral, Bearish, or Very Bearish. * Confidence Score (Low/Medium/High): This score acts as a reliability filter. It cross-references seven different market conditions—including trend strength (ADX), oscillator agreement, and non-extreme levels—to determine the conviction behind the current momentum. A "High" confidence score indicates that multiple factors align, validating the signal. Rationale for Integration: This dual-score system prevents the common trap of chasing momentum that lacks real conviction. A "Very Bullish" momentum score with "Low" confidence is a clear warning sign, while a "Bullish" score that transitions to "High" confidence provides a high-quality trading signal. 2. Clear, Actionable Visual Label All complex calculations are distilled into a single, non-intrusive label on your chart. This allows you to assess the complete momentum profile of the market in a single glance, without cluttering your screen. The label includes: * Classic RSI and %K values with directional arrows. * The current Momentum Score status (e.g., "Bullish 🟢"). * The current Confidence Score (e.g., "Conf. > High"). 3. Fully Customizable Visuals While the core logic is proprietary, the visual representation is fully customizable. You can toggle the display of RSI/Stochastic plots, adjust background colors based on oscillator consensus, and show/hide OB/OS guide levels to tailor the indicator to your specific charting style. Why Every Trader Needs PTM Momentum In today's volatile markets, simply knowing if an asset is overbought or oversold is not enough. PTM Momentum provides the crucial missing context: Is the current momentum strong and reliable, or is it weak and likely to reverse? By answering this question, it empowers traders to filter out low-quality setups, improve entry timing, and manage trades more effectively. Value of an Invite-Only Script: PTM Momentum is not just another oscillator. It is a proprietary analytical engine that provides a quantifiable edge. The "secret sauce" behind the Momentum and Confidence scoring algorithms offers a level of insight that standard, free indicators cannot match, justifying its value as a premium, invite-only tool. Elevate your momentum analysis with PTM Momentum v1.6 (QS) today!
Pine Script® indicator
by Thethanaphat
Sniper StrategyThe Sniper Strategy is a clean and data-driven RSI-based system designed for precision entries and exits. It combines multi-timeframe RSI analysis, automated labeling, and dynamic P/L tracking — perfect for traders who want clarity, visual feedback, and strict risk control in one tool. 🧩 Core Features Dual RSI Framework: Calculates both the current timeframe RSI and a higher timeframe RSI to confirm trend strength and avoid false signals. Smart Entry Logic: Long signals when RSI drops below oversold level. Short signals when RSI exceeds overbought level. Automatic Exit Management: Configurable Stop Loss and Take Profit percentages. Optional RSI-based exit for flexible trade closures. All exits are visually labeled for transparency. Real-Time Profit Tracking: Displays a floating label above each bar showing current P/L (%), updated live while the position is open — giving you instant insight into trade performance. Clean Visual Design: Uses arrows and colored labels for entry/exit clarity. Optional RSI line and higher timeframe RSI plot included. Alerts Ready: Built-in alert conditions for both Long and Short signals — ideal for automation or notifications. ⚙️ Inputs & Customization Adjustable RSI lengths for both timeframes. Selectable RSI source (Close, HL2, etc.). Configurable stop loss and take profit levels. Customizable leverage and precision for P/L display. Optional wick-based calculation for sensitivity tuning. 💡 How to Use Apply the strategy on your preferred symbol and timeframe. Adjust RSI and risk settings to match your trading style. Optionally enable higher timeframe RSI confirmation. Set alerts for “Long Entry Signal” and “Short Entry Signal.” Backtest and fine-tune before going live. ⚠️ Disclaimer This script is for educational and research purposes only. It is not financial advice. Always backtest thoroughly and manage your risk before using it in live trading.
Pine Script® strategy
by Tg965