Wick Volume AlertThis indicator is intended to find a possible price reversal and is well suited for scalping in the smaller timeframes from 1 to 15min chart. It is important to use it in conjunction with other indicators such as order blocks or price levels.
The advantage over other Wick indicators is that volume is also taken into account.
Unfortunately, the markers on the chart do not work properly as they do not attach themselves when moving vertically. I would be happy if someone could fix the problem, as I am not a professional in Pine scripting.
Indicators and strategies
GOLDMASK Indicator (SO + Days Break)//@version=6
indicator("GOLDMASK Indicator (SO + Days Break)", overlay=true)
// Vstupy pro přizpůsobení stylu čar
lineStyleInput = input.string(title="Styl čáry", defval="Dashed", options= )
lineWidthInput = input.int(title="Šířka čáry", defval=1, minval=1)
sundayLineColor = input.color(title="Nedělní vertikální otevírací čára", defval=color.new(#00BFFF, 50)) // Světle modrá barva pro neděli
dayBreakColor = input.color(title="Čára přerušení dne", defval=color.new(#ADD8E6, 50)) // Světle modrá barva pro přerušení dne
weekStartColor = input.color(title="Čára začátku týdne", defval=color.new(#FF8C00, 50)) // Tmavě oranžová barva pro nový týden
// Definice funkce getLineStyle
getLineStyle(style) =>
switch style
"Dotted" => line.style_dotted
"Dashed" => line.style_dashed
"Solid" => line.style_solid
// Proměnná pro uložení ceny otevření v neděli
var float sundayOpenPrice = na
// Určení a vykreslení ceny otevření v neděli
if (dayofweek == dayofweek.sunday and hour == (syminfo.ticker == "XAUUSD" ? 18 : 17) and minute == 0)
sundayOpenPrice := open
// Vykreslení ceny otevření v neděli s 50% průhledností
plot(sundayOpenPrice, title="Sunday Open", style=plot.style_linebr, linewidth=lineWidthInput, color=sundayLineColor, trackprice=true)
// Funkce pro vykreslení vertikálních čar pro přerušení dne
drawVerticalLineForDay(dayOffset, isSunday) =>
int dayTimestamp = na(time) ? na : time - dayOffset * 86400000 + ((syminfo.ticker == "XAUUSD" ? 18 : 17) - 5) * 3600000
if not na(dayTimestamp) and hour(time ) < (syminfo.ticker == "XAUUSD" ? 18 : 17) and hour >= (syminfo.ticker == "XAUUSD" ? 18 : 17)
lineColor = isSunday ? weekStartColor : dayBreakColor
line.new(x1=bar_index, y1=low, x2=bar_index, y2=high, width=lineWidthInput, color=lineColor, style=line.style_dotted, extend=extend.both)
// Vykreslení čar pro poslední čtyři dny a použití jiné barvy pro neděli
for dayOffset = 0 to 3 by 1
isSunday = dayOffset == 0 and dayofweek == dayofweek.sunday
drawVerticalLineForDay(dayOffset, isSunday)
Yearly Open LevelsThe Yearly Open Levels indicator is designed to help traders visualize the opening price of each year on a price chart.
Key Features:
Yearly Open Display: Automatically calculates and displays the opening price for each year starting from a user-defined starting year. This helps traders quickly spot where the price opens each year.
Customizable Start Year: Users can set a specific year to begin displaying opening levels. The default starting year is 2022, but this can be adjusted based on individual trader needs.
Visual Lines and Labels: Each yearly open is represented by a horizontal line that extends to the right of the chart, making it easy to see the level throughout the year.
A label is placed next to the line, indicating the year and the opening price, enhancing clarity and reference while analyzing price movements.
Color Customization: Traders can choose the color of the lines and labels to fit their charting style or preferences, enhancing the visual representation on different market charts.
EMA AlignmentThe EMA Order Flow (EOF) is a technical analysis tool that combines multiple Exponential Moving Averages (EMAs) with a unique order flow detection system. This indicator is part of the CDZV toolkit - a comprehensive trading solution that allows traders to create and backtest strategies without programming knowledge.
About CDZV Toolkit:
CDZV toolkit is designed to make trading strategy development accessible to everyone. It offers:
- Visual strategy builder for easy setup
- Backtesting capabilities on historical data
- Automated signal distribution to exchanges and Telegram
- Comprehensive documentation and support
- User-friendly interface for both beginners and experienced traders
Key Features of EOF Indicator:
- Tracks 5 EMAs: 10, 20, 50, 100, and 200 periods
- Provides an order signal (1, 0, or -1) based on EMA alignment
- Visual color-coding for easy trend identification
- Seamlessly integrates with CDZV toolkit's strategy builder
Signal Interpretation:
1. Bullish Alignment (Signal = 1)
- EMA10 > EMA20 > EMA50 > EMA100 > EMA200
- Indicates a strong uptrend structure
- Suggests potential buying opportunities
2. Bearish Alignment (Signal = -1)
- EMA10 < EMA20 < EMA50 < EMA100 < EMA200
- Indicates a strong downtrend structure
- Suggests potential selling opportunities
3. No Clear Alignment (Signal = 0)
- EMAs are not in perfect order
- Indicates potential ranging or transitional market conditions
- Suggests caution or reduced position sizing
Use Cases:
- Trend confirmation
- Market structure analysis
- Entry/exit timing
- Risk management tool
- Filter for other trading strategies
- Building automated strategies within CDZV toolkit
Best Practices:
1. Use in conjunction with other CDZV toolkit indicators
2. Consider overall market conditions
3. Wait for signal confirmation before taking action
4. Monitor transitions between signal states
5. Use on multiple timeframes for better confirmation
6. Utilize CDZV toolkit's backtesting capabilities to optimize parameters
The EOF indicator, as part of the CDZV toolkit, provides traders with a powerful tool for trend analysis while benefiting from the toolkit's easy-to-use strategy development and automation features. Whether you're a beginner or an experienced trader, the combination of EOF indicator and CDZV toolkit offers a comprehensive solution for strategy development and implementation.
Trend Dönüş İndikatörü - Mustafa ÜstünNasıl Çalışır?
RSI Değerleri:
RSI 70’in üstüne çıktığında ve kısa MA uzun MA’nın altına geçtiğinde düşüş sinyali oluşturur.
RSI 30’un altına düştüğünde ve kısa MA uzun MA’nın üzerine geçtiğinde yükseliş sinyali oluşturur.
Hareketli Ortalamalar:
Kısa vadeli (ör. 9 günlük) ve uzun vadeli (ör. 21 günlük) hareketli ortalamalar çizilir.
Görsel Sinyaller:
Yükseliş sinyali: Mum çubuğunun altında yeşil ok.
Düşüş sinyali: Mum çubuğunun üzerinde kırmızı ok.
GOLDMASK Indicator (SO + Days Break)//@version=6
indicator("GOLDMASK Indicator (SO + Days Break)", overlay=true)
// Vstupy pro přizpůsobení stylu čar
lineStyleInput = input.string(title="Styl čáry", defval="Dashed", options= )
lineWidthInput = input.int(title="Šířka čáry", defval=1, minval=1)
sundayLineColor = input.color(title="Nedělní vertikální otevírací čára", defval=color.new(#00BFFF, 50)) // Světle modrá barva pro neděli
dayBreakColor = input.color(title="Čára přerušení dne", defval=color.new(#ADD8E6, 50)) // Světle modrá barva pro přerušení dne
weekStartColor = input.color(title="Čára začátku týdne", defval=color.new(#FF8C00, 50)) // Tmavě oranžová barva pro nový týden
// Definice funkce getLineStyle
getLineStyle(style) =>
switch style
"Dotted" => line.style_dotted
"Dashed" => line.style_dashed
"Solid" => line.style_solid
// Proměnná pro uložení ceny otevření v neděli
var float sundayOpenPrice = na
// Určení a vykreslení ceny otevření v neděli
if (dayofweek == dayofweek.sunday and hour == 17 and minute == 0)
sundayOpenPrice := open
// Vykreslení ceny otevření v neděli s 50% průhledností
plot(sundayOpenPrice, title="Sunday Open", style=plot.style_linebr, linewidth=lineWidthInput, color=sundayLineColor, trackprice=true)
// Funkce pro vykreslení vertikálních čar pro přerušení dne
drawVerticalLineForDay(dayOffset, isSunday) =>
int dayTimestamp = na(time) ? na : time - dayOffset * 86400000 + (17 - 5) * 3600000
if not na(dayTimestamp) and hour(time ) < 17 and hour >= 17
lineColor = isSunday ? weekStartColor : dayBreakColor
line.new(x1=bar_index, y1=low, x2=bar_index, y2=high, width=lineWidthInput, color=lineColor, style=line.style_dotted, extend=extend.both)
// Vykreslení čar pro poslední čtyři dny a použití jiné barvy pro neděli
for dayOffset = 0 to 3 by 1
isSunday = dayOffset == 0 and dayofweek == dayofweek.sunday
drawVerticalLineForDay(dayOffset, isSunday)
Demand and Supply Zones Intraday Strategy(SAMARESH PANDA)Explanation:
Input Parameters:
length: Determines the number of bars to look back for identifying the highest and lowest prices to mark demand and supply zones.
zoneBuffer: A buffer in pips to place the stop and limit orders near the identified demand and supply zones.
Demand and Supply Zones:
The script identifies demand zones as the lowest low over the past length bars and supply zones as the highest high over the same period.
Buy (Long) Condition:
A buy signal is generated when the price crosses above the demand zone from below and the price closes above the demand zone.
Sell (Short) Condition:
A sell signal is generated when the price crosses below the supply zone from above and the price closes below the supply zone.
Stop and Limit Orders:
For long trades, the stop is placed just below the demand zone (zoneBuffer), and the limit is placed just above the demand zone.
For short trades, the stop is placed just above the supply zone (zoneBuffer), and the limit is placed just below the supply zone.
Exit Conditions:
The long position is closed when the price moves above the supply zone.
The short position is closed when the price moves below the demand zone.
Additional Notes:
Customization: You can modify the length and zoneBuffer values to adjust how sensitive the strategy is to price action and the zone buffers.
Risk Management: You may want to add additional filters for volume, indicators like RSI/MACD, or other market conditions to filter out false signals.
Testing & Optimization: As with any strategy, it's important to backtest and optimize it according to your preferred market conditions and risk tolerance.
Using the Strategy:
Apply the script to a 1-hour or 30-minute chart for identifying the demand and supply zones.
For better precision in entry, you can switch to a lower timeframe (like 5-minute or 15-minute) to execute your trades more accurately when the price reaches a demand or supply zone.
The buy and sell signals will appear on the chart as green (BUY) and red (SELL) labels.
Example of Execution:
Long Entry: The price closes above the demand zone and crosses up. A long position is opened with a stop below the demand zone and a limit near it.
Short Entry: The price closes below the supply zone and crosses down. A short position is opened with a stop above the supply zone and a limit near it.
This strategy works best in trending markets where price tends to respect these zones. Make sure to monitor the strategy closely and adjust it based on market volatility or changes in the broader trend.
You said:
create a pine script pivot point standard for buy sell
ChatGPT said:
ChatGPT
Sure! Below is a Pine Script that implements the Pivot Point Standard for intraday trading, with buy and sell signals based on the pivot point strategy.
Pivot points are calculated based on the previous day’s high, low, and close prices, and they are widely used in intraday trading to determine potential support and resistance levels.
Support & Resistance with MA Cross Buy/SellSupport and Resistance Levels:
Support Level: This is calculated by finding the lowest price (low) over a specified period (supportLength). This represents the level where the price tends to bounce upwards.
Resistance Level: This is calculated by finding the highest price (high) over a specified period (resistanceLength). This represents the level where the price tends to reverse downwards.
Plotting: The support and resistance levels are plotted on the chart with green and red lines, respectively.
Moving Averages (MA):
Short MA: A simple moving average (SMA) calculated over a short period (shortMA_length).
Long MA: A simple moving average (SMA) calculated over a longer period (longMA_length).
Plotting: The short MA is plotted in blue, and the long MA is plotted in orange on the chart.
Buy and Sell Signals (MA Cross):
Buy Signal: A buy signal occurs when the short MA crosses above the long MA (crossover function), and the price closes above the support level.
Sell Signal: A sell signal occurs when the short MA crosses below the long MA (crossunder function), and the price closes below the resistance level.
Plotting: Buy signals are displayed below the bars with the text "BUY" in green, and sell signals are displayed above the bars with the text "SELL" in red.
Intraday Chaos FilterIntraday trading requires precise tools and strategies to navigate the chaotic fluctuations of the market. The "Intraday Chaos Filter" indicator is designed to provide traders with a systematic approach to managing market noise. This Pine Script™ indicator helps identify potential trend shifts and provides a visual representation of price action, aiding in making informed trading decisions. By focusing on reducing market chaos, it aims to provide a clearer picture of the underlying trend, regardless of the volatility.
At the heart of the indicator lies the multiplier input, a customizable setting that adjusts the sensitivity of the filter. The multiplier directly influences the chaos threshold by determining the percentage deviation allowed before signaling a trend reversal. A higher multiplier results in a less sensitive filter, reducing the number of signals during minor price fluctuations. This flexibility allows traders to adapt the indicator to different trading styles and market conditions, making it versatile for a range of intraday strategies.
The "Intraday Chaos Filter" operates by tracking two key price levels: src1 and src2, representing the highest and lowest prices during a trend. These levels are dynamically adjusted based on the closing price, ensuring that the indicator adapts in real time. The trend direction is determined by comparing the current price against a calculated filter level. When the price crosses the threshold in either direction, it signals a potential trend reversal, marked by a change in candle colors on the chart. Green represents an upward trend, while red signifies a downward trend, making it visually intuitive for traders.
This indicator's simplicity and clarity make it a valuable addition to any trader's toolkit. By focusing on trend direction and filtering out minor fluctuations, it helps traders stay focused on significant market movements. The integration of customizable settings ensures adaptability to various trading preferences, providing both novice and experienced traders with a reliable tool for intraday decision-making. The "Intraday Chaos Filter" offers an effective way to navigate market noise, enabling traders to identify opportunities with confidence.
MACD Strategy with SignalMACD Strategy with Long and Short Signal
The strategy uses the MACD line and Signal line to identify trading opportunities:
Long signal: When the MACD line crosses above the Signal line.
Short signal: When the MACD line crosses below the Signal line.
Signal Display: Visual signals are plotted on the chart:
Green arrow up for a Long entry.
Red arrow down for a Short entry.
Intrablast Strategy Advance-RanjeetThe "Intrablast Strategy Advance-Ranjeet" indicator is a custom Pine Script that identifies buy and sell signals based on Weighted Moving Averages (WMAs) and an Exponential Moving Average (EMA). It calculates two WMAs with user-defined lengths (default: 8 and 13) and a 21-period EMA. A buy signal is generated when the shorter WMA crosses above the longer WMA (golden cross) and the price is above the EMA. Conversely, a sell signal is triggered when the shorter WMA crosses below the longer WMA (death cross) and the price is below the EMA. The indicator visually plots the EMA line and marks buy/sell signals on the chart with green and red arrows.
all‐in‐one RSI Divergence - Mutasem13All‐in‐one RSI Divergence script that detects the four divergence strengths (Strong, Medium, Weak, Hidden) for both Bullish and Bearish, matching your cheat sheet. We use pivot detection (ta.pivotlow, ta.pivothigh) on RSI, comparing price vs. RSI swings:
Strong: Price forms Lower Low (Bullish) or Higher High (Bearish), while RSI forms Higher Low (Bullish) or Lower High (Bearish).
Medium: Price forms Equal Low/High, RSI forms Higher/Lower Low/High.
Weak: Price forms Lower/ Higher Low/High, RSI forms Equal Low/High.
Hidden: Price forms Higher/Lower Low/High, RSI forms Lower/Higher Low/High.
Each type has a toggle in the settings. We allow equality checks (<=/>=) so you can capture “equal” swing points too. All calls are single‐line to avoid line‐continuation errors. Copy/paste into TradingView’s Pine Editor, click “Add to Chart,” and it will compile in PineScript v6 with no errors.
Custom Watermark by matarEnglish:
This unique script allows you to add a personalized watermark to your TradingView charts. Display your custom title, motto, and symbol information (ticker, timeframe, date) directly on the chart. With customizable text size, color, alignment, and margin settings, give your charts a professional touch.
Key Features:
Add personalized titles and subtitles.
Automatically display symbol information (ticker, timeframe, date).
Customize text size, color, alignment, and margins.
Flexible positioning options (top, middle, bottom / left, center, right).
How to Use:
Add the script to your chart.
Customize the title, subtitle, and other settings from the settings panel.
Save or share your professional-looking charts.
Note: This script is ideal for educational content, social media posts, or personal trading journals.
Türkçe:
Bu özel script, TradingView chartlarınıza kişiselleştirilmiş bir watermark eklemenizi sağlar. Kendi başlığınızı, özlü sözlerinizi ve sembol bilgilerini (ticker, zaman dilimi, tarih) chart üzerinde görüntüleyebilirsiniz. Metin boyutu, renk, hizalama ve margin ayarları gibi özelleştirme seçenekleriyle, chartlarınıza profesyonel bir dokunuş katın.
Öne Çıkan Özellikler:
Kişiselleştirilmiş başlık ve alt başlık ekleme.
Sembol bilgilerini (ticker, zaman dilimi, tarih) otomatik olarak gösterme.
Metin boyutu, renk, hizalama ve margin ayarları.
Esnek konumlandırma seçenekleri (üst, orta, alt / sol, sağ, merkez).
Nasıl Kullanılır?
Scripti chartınıza ekleyin.
Ayarlar panelinden başlık, alt başlık ve diğer özellikleri kişiselleştirin.
Profesyonel görünümlü chartlarınızı kaydedin veya paylaşın.
Not: Bu script, özellikle eğitim içerikleri, sosyal medya paylaşımları veya kişisel trading günlükleri için idealdir.
Previous D, W, M High/LowThis indicator plots previous day's high,low,open and close values and plots previous week's and month's high and low value on the chart.
Composite Indicator (CCI + ATR)Composite Indicator (CCI + ATR)
The Composite Indicator (CCI + ATR) combines the Commodity Channel Index (CCI) with the Average True Range (ATR) , providing traders with a dynamic tool for identifying entry and exit points based on momentum and volatility. This indicator is particularly useful for markets like cryptocurrencies, which often exhibit sharp sell-offs and gradual upward trends.
Key Features
Momentum Analysis with CCI: The CCI calculates price momentum by comparing the current price level to its average over a specific period. The indicator generates signals when CCI crosses predefined thresholds.
- Buy Signal: Triggered when CCI crosses above the lower threshold (e.g., -100).
- Sell Signal: Triggered when CCI crosses below the upper threshold (e.g., +100).
Volatility Filtering with ATR: The ATR measures market volatility, ensuring signals occur only during significant price movements.
Separate multipliers for buy and sell signals allow tailored filtering based on market behavior.
Stop Loss Calculation: Dynamic stop loss levels are calculated using the ATR multiplier to adapt to market volatility, offering better risk management.
How It Works
CCI Calculation: The CCI is calculated using the typical price ((High + Low + Close) / 3) and a user-defined length. It detects momentum changes by measuring deviations from the average price.
ATR Calculation: The ATR determines the average price range over a specified period, identifying the market’s volatility. The ATR SMA acts as a baseline to filter signals.
Buy Signal: A buy signal is triggered when:
- CCI crosses above the lower threshold (e.g., -100).
- ATR exceeds its SMA multiplied by the buy multiplier (e.g., 1.0).
Sell Signal: A sell signal is triggered when:
- CCI crosses below the upper threshold (e.g., +100).
- ATR exceeds its SMA multiplied by the sell multiplier (e.g., 0.95).
Stop Loss Integration:
- Long positions: Stop loss = Low – (ATR * ATR Multiplier)
- Short positions: Stop loss = High + (ATR * ATR Multiplier)
Advantages
Combines momentum (CCI) and volatility (ATR) for precise signal generation.
Customizable thresholds and multipliers for different market conditions.
Dynamic stop loss ensures better risk management in volatile markets.
Suggested Parameter Settings
CCI Length: 20 (default). Adjust as follows:
- 10–15: Shorter timeframes (e.g., 5-15 minutes).
- 20: General use for 1-hour timeframes.
- 30–50: Longer timeframes (e.g., 4-hour or daily charts).
CCI Threshold: 100 (default). Adjust as follows:
- 50–75: For more frequent signals in ranging markets.
- 100: Balanced for most trading conditions.
- 150–200: For strong trends to reduce noise.
ATR Length: 14 (default). Adjust as follows:
- 10–14: For assets with moderate volatility.
- 20: For assets with lower volatility.
ATR Buy Multiplier: 1.0 (default). Adjust as follows:
- 0.9–1.0: For gradual uptrends in crypto markets.
- 1.1–1.2: For stronger trend filtering.
ATR Sell Multiplier: 0.95 (default). Adjust as follows:
- 0.8–0.95: For sharp sell-offs.
- 1.0–1.1: For stable downward trends.
ATR Multiplier (Stop Loss): 1.5 (default). Adjust as follows:
- 1.0–1.2: For shorter timeframes or less volatile markets.
- 2.0–2.5: For highly volatile markets like cryptocurrencies.
Example Use Cases
Scalping (5-15 minute charts): Use CCI Length = 10, CCI Threshold = 75, ATR Buy Multiplier = 0.9, ATR Sell Multiplier = 0.8.
Day Trading (1-hour charts): Use CCI Length = 20, CCI Threshold = 100, ATR Buy Multiplier = 1.0, ATR Sell Multiplier = 0.95.
Swing Trading (4-hour or daily charts): Use CCI Length = 30, CCI Threshold = 150, ATR Buy Multiplier = 1.2, ATR Sell Multiplier = 1.0.
Final Thoughts The Composite Indicator (CCI + ATR) is a versatile tool designed to enhance trading decisions by combining momentum analysis with volatility filtering. Whether scalping or swing trading, this indicator provides actionable insights and robust risk management to navigate complex markets effectively.
K_MA_HOMEWORKTitle: KAMA with Bollinger Bands
Description:
Kaufman’s Adaptive Moving Average (KAMA) with Bollinger Bands is a powerful tool for traders looking to combine adaptive trend-following capabilities with volatility-based bands for dynamic market insights.
Key Features:
KAMA Line: Dynamically adjusts to market conditions, smoothing price fluctuations while remaining responsive to significant trends.
Bollinger Bands: Upper and lower bands adapt to market volatility, providing a visual representation of overbought and oversold conditions.
Customizable Settings: Fine-tune parameters for KAMA length, smoothing speeds, and band width to suit your trading style or specific markets.
Background Shading: Highlights potential overbought or oversold zones for quick visual insights.
How to Use:
Trend Identification: Use the KAMA line to determine the underlying trend. Price above KAMA suggests an uptrend; price below suggests a downtrend.
Reversal Signals: Watch for price crossing the bands to identify potential reversal points or breakout opportunities.
Volatility Assessment: The width of the bands reflects market volatility—narrow bands indicate low volatility, while wide bands signal high volatility.
This indicator is versatile and can be used for trend-following, breakout trading, and mean-reversion strategies. It’s ideal for traders seeking to filter market noise and focus on meaningful price movements.
Eblicious Pro +Smart trend-following system with multiple confirmation layers to filter high-probability trades
SYSTEM CORE
Heikin Ashi
Uses smoothed "Heikin Ashi" candles (artificial candles showing trend direction) instead of regular candles
Bullish Signal: Blue HA candle (close > open)
Bearish Signal: Red HA candle (close < open)
Why it matters: Reduces market noise, shows clearer trends
Dual Filter System
A) MACD Momentum Filter
Checks if fast MACD line is above/below slow signal line
Bullish: Blue MACD line above orange signal line
Bearish: Blue MACD line below orange signal line
Tip: Disable in sideways markets
B) HA Trend Filter (NEW)
Requires signals to match HA candle direction
Buy Signals: Only when HA candle is blue
Sell Signals: Only when HA candle is red
Why added: Prevents fighting against the current trend
Smart Volatility Check
Only activates signals when market moves sufficiently
Green background = Volatility OK for trading
Red background = Too quiet, signals disabled
How it works: Measures recent price swings (ATR)
Time-Sensitive Mode
Automatically adjusts sensitivity:
High Activity (8:35-11:00 ET): 20% more sensitive
Low Activity (11:01-14:30 ET): 15% less sensitive
Best usage: Focus on morning session signals
VISUAL
Chart Markers
"AB" Label: Adaptive Buy signal (below price bar)
"AS" Label: Adaptive Sell signal (above price bar)
Color Code:
Bright green/red = Strong confirmation
Pale colors = Filter requirements not fully met
Filter Status Table (Top-Right)
Real-time monitoring of active filters
Green = Filter ON, Red = Filter OFF
Advanced Features
1- Self-Learning Algorithm
Analyzes past 100 signals' success rate
Automatically weights better-performing signals
Requires >55% historical accuracy (adjustable)
2- Risk Management
Built-in stop loss (1%) & take profit (2%) suggestions
Adjustable in settings based on your risk tolerance
3- Multi-Timeframe Compatibility
Works best on:
15min charts for day trading
4hr charts for swing trading
Daily charts for long-term positions
How to Trade
Buy Signal Checklist:
1-Blue HA candle appears
2-"AB" label below price bar
3-Chart background turns green (volatility OK)
Sell Signal Checklist:
1-Red HA candle appears
2-"AS" label above price bar
3-Chart background turns green (volatility OK)
JAHMUDOSThis indicator combines the **SMA** (Simple Moving Average) and **RSI** (Relative Strength Index) to identify key trading areas. The **SMA** helps determine the overall trend, while the **RSI** indicates overbought and oversold conditions. The indicator highlights potential **entry zones** for trades based on these two indicators and helps find favorable entry points. Additionally, it shows **Stop-Loss levels** to manage risk and indicates potential **profit areas** to maximize returns.
Candle Break Strategybuy when candle close above pervious high sell when price close below previous low
Advanced Low Indicator Pro (sashadams)Advanced Low Indicator Pro is a versatile tool designed for analyzing price lows, identifying key support levels, and recognizing potential reversal zones. This indicator combines advanced smoothing techniques, customizable visualizations, and automated support level calculations, making it ideal for both intraday and swing trading.
Key Features
1. Historical Low Calculation:
• The indicator identifies the lowest price over a user-defined period (length) and plots it on the chart.
2. Smoothing Options:
• Supports four smoothing methods:
• EMA (Exponential Moving Average): Reacts quickly to price changes.
• SMA (Simple Moving Average): Provides a smoother line for trend filtering.
• WMA (Weighted Moving Average): Gives more weight to recent prices.
• RMA (Relative Moving Average): Balances smoothness and responsiveness.
• Users can set the smoothing length (smoothing_length) or disable smoothing entirely.
3. Line Offset (line_offset):
• The smoothed line can be shifted forward or backward to facilitate forecasting or historical analysis.
4. Background Signals:
• Highlights areas on the chart when the price drops below a defined threshold relative to the smoothed low.
5. Automatic Support Levels:
• Calculates and displays support levels at 2% and 5% below the smoothed low, helping traders identify critical buy zones.
How to Use the Indicator
1. Identifying Support Levels:
• The automated support levels indicate areas where the price is likely to bounce.
Example: When the price approaches the lower support level (5%), watch for potential reversals.
2. Choosing the Right Smoothing Method:
• EMA: Best for volatile markets with frequent price fluctuations.
• SMA: Suitable for analyzing trends in stable markets.
• WMA: Use for detailed analysis of short-term movements.
• RMA: Ideal when you need a balance between smoothness and reactivity.
3. Using Background Signals for Risk Zones:
• Enable the background highlights (show_background) to visualize risk zones where the price significantly deviates from the smoothed low.
Example: If the price enters the highlighted zone, it signals caution or potential buying opportunities.
4. Entry and Exit Strategies:
• Entry: Consider entering trades when the price touches or hovers near the smoothed low or support levels.
• Exit: Exit trades if the price remains below the support level for an extended period or enters the highlighted risk zone.
5. Combining with Other Indicators:
• Combine with oscillators (e.g., RSI, Stochastic) to confirm reversals.
• Pair with trend indicators (e.g., MA, MACD) to validate market direction.
Custom EMA (5)The Custom EMA (5) indicator is a versatile tool for traders that provides five fully adjustable Exponential Moving Averages (EMAs) to suit various trading strategies and timeframes. With customizable lengths and enable/disable toggles for each EMA, this script empowers traders to focus on the EMAs that matter most to their strategy.
Features:
Five Adjustable EMAs:
EMA 1 (Default: 20, Red)
EMA 2 (Default: 50, Orange)
EMA 3 (Default: 100, Aqua)
EMA 4 (Default: 200, Blue)
EMA 5 (Default: 9, Green)
Customize each EMA length based on your trading style or specific market conditions.
Enable/Disable Each EMA:
Toggle any of the five EMAs on or off directly from the settings panel, allowing you to declutter your chart or focus on specific trends.
Dynamic Trend Analysis:
Use shorter EMAs (e.g., EMA 5 and EMA 20) to capture immediate price action and crossovers.
Leverage longer EMAs (e.g., EMA 100 and EMA 200) for identifying medium- to long-term market trends.
Clean Visualization:
Each EMA is color-coded for easy trend identification:
EMA 1: Red
EMA 2: Orange
EMA 3: Aqua
EMA 4: Blue
EMA 5: Green
How to Use:
Scalping:
Use shorter EMAs like EMA 5 and EMA 20 for quick momentum signals.
Day Trading/Swing Trading:
Combine EMA 20, EMA 50, and EMA 100 to follow medium-term trends and retracements.
Position Trading:
Use EMA 200 to identify long-term trend direction and key support/resistance levels.
Ideal For:
Traders of all levels—scalpers, day traders, swing traders, and position traders.
Anyone looking for a flexible and customizable EMA indicator to fit their trading needs.
Pro Tip: Combine the Custom EMA (5) with other indicators like RSI, MACD, or volume analysis to refine your entries and exits.
