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EMA VWAP Early Buy Signal with Expanded Support- **EMA Cross Detection**: - Uses two configurable EMAs to detect trend changes - **VWAP Resistance Zones**: - Dynamic upper bands based on Standard Deviation or Percentage - 3 levels of resistance for fine-grained signal detection - **Signal Coloring**: - Sell signals plotted above bars with different shades based on which resistance band triggered - **Stop-Loss Tracking**: - Marks “WRONG” if the stop-loss level is hit after a signal - **Customizable Parameters**: - EMA lengths, VWAP anchoring, band multipliers, calculation mode --- ## 🛠 How It Works 1. **EMA Crossunder** → Potential shift from bullish to bearish. 2. **Price Meets Resistance**: - Checks if price is between VWAP and one of the upper bands. 3. **Signal Classification**: - Band 1–2 = Early caution - Band 2–3 = Stronger extension - Above Band 3 = Extreme extension 4. **Stop-Loss Marking**: - If price moves against the trade by a set amount, label as "WRONG". --- ## ⚡ Use Cases - Spot potential **short entries** when price is overextended. - Identify **exit zones** for long trades. - Filter trades by volatility and band positioning. --- ## 📋 Inputs | Input | Description | Default | |---------------------------|-----------------------------------------------|---------| | EMA Length 1 | Fast EMA length | 9 | | EMA Length 2 | Slow EMA length | 21 | | Anchor Period | VWAP reset period (Session/Week/Month) | Session | | Bands Calculation Mode | Standard Deviation or Percentage | SD | | Band Multipliers (#1, #2, #3) | Resistance zone distance multipliers | 1, 2, 3 | ## 👤 Author **EmotionalTrader** - Futures trader, Python learner, aspiring asset trader, horse whisperer, space cowboy - (www.tradingview.com) - (github.com)
Pine Script® indicator
by EmotionalTrader777
AlgoFlex Buy Sell Signals FREE📢 Introducing AlgoFlex Free — Buy/Sell Signals for All Traders We’re excited to release our first free AlgoFlex algorithm to the TradingView community! This version provides clear Buy/Sell signals directly on your chart, helping you spot potential entries and exits with confidence. ✅ Features Real-time Buy and Sell alerts Works on any market & timeframe Clean, minimal chart display Optimized for trend-following & quick decision making 💡 How to Use Add this script to your chart Choose your preferred market & timeframe Follow the Buy/Sell labels for trade ideas (Optional) Enable TradingView alerts for instant notifications ⚠ Disclaimer This script is for educational and informational purposes only. Always do your own research and use proper risk management before trading live capital. 🚀 Upgrade to AlgoFlex Premium for advanced AI-driven signal modes, higher accuracy, and additional strategy filters. Contact us via our profile for details or Download the App from App store/ google play to get access. algoflex.org
Pine Script® indicator
by AlgoFlexMarket
CHoCH Hunter v1.0🔥 CHoCH Hunter — Advanced Bearish Structure & Fibonacci Setup Engine 📈 Overview CHoCH Hunter is a Pine Script™ indicator built for traders who thrive on structured market analysis. It merges major/minor pivot detection, Change of Character (CHoCH) filtering, and logarithmic Fibonacci retracements into a single, state-driven engine. ________________________________________ 🧠 Core Logic & Trading Philosophy The Big Idea: Markets move in patterns, and high-probability trades occur when these structures break and reform. CHoCH Hunter focuses exclusively on bearish structures to spot prime Fibonacci-based reversal zones. Logic Flow: 1. 📊 Market Structure Backbone Continuously tracks 4 latest major highs (High 0 – High 3) and 3 major lows. These pivots form the framework for structure analysis. 2. 🔻 Bearish Background Conditions Bearish market context is set when: Condition: High 3 < High 2 and if High 2 > High 1→ require High 2 < High 0 else → require High 2 < High 1 Resets to bullish/neutral if High 2 < High 3 3. 🎯 Hunt for Small Lower Low Looks for a minor pivot low below the third major low. This marks potential exhaustion and becomes the 0% Fibonacci anchor. 4. 🔄 CHoCH Selection Scans recent CHoCH candidates of three possible types: 📌 CHoCH Type Definitions Inside → Current bar is an inside bar: high < high and low > low . Smarty → A short-term reversal clue: low > low and low < low . Pivot → A minor pivot high found via small swing length. Critical Filter: CHoCH must occur before the Small LL bar. Its high must be greater than the Small LL bar’s high (dominance criteria). 5. ⚡ Confirmation & Fibo Activation CHoCH confirmed when price crosses above it within the lookback window. Locks Fibo High/Fibo Low and calculates log-scale retracements: 100% (current high) 65% (Golden Zone upper bound) 50% (Golden Zone lower bound) 0% (Small LL) 6. 📈 Dynamic Management Before 50% breach → Fibo High auto-updates on new highs. After breach → levels freeze. Reset triggers: Price drops below Small LL. Price invalidates frozen levels. New qualifying Small LL detected. ________________________________________ ✨ Core Functionality Market Structure Engine: Auto-detects HH/HL/LH/LL for major & minor swings. Strict CHoCH Filtering: Only structurally meaningful CHoCH points are used. Logarithmic Fibonacci: Accurate for assets with exponential price moves. Golden Zone Highlight: Quick visual of high-probability retracements. State-Machine Core: Cleanly manages detection, confirmation, reset. ________________________________________ 🎨 Visualization 📍 Pivot Markers: Major (📕) & minor (📘) swing labels. 🏗️ Structure Labels: Optional major structure annotations. 📊 Fibonacci Levels: Auto-drawn with Golden Zone fill. 🔄 CHoCH Markers : Labeled with type (“Inside”, “Smarty”, or “Pivot”). ________________________________________ ⚙️ Inputs & Customization Major Structure Period (default 4) — pivot sensitivity for big swings. Minor Structure Period (default 2) — pivot sensitivity for small swings. Toggle pivot markers, structure labels. ________________________________________ 📚 Educational Value Great for learning: Market structure recognition. Fibonacci retracement with context. Change of Character (CHoCH) pattern types & filtering. Pine Script state-driven architecture. ________________________________________ ⚠️ Risk Disclaimer 🚨 This script is for educational purposes only and is not financial advice. Trading carries substantial risk — always backtest, confirm with multiple tools, and manage risk responsibly. ________________________________________
Pine Script® indicator
by hossein_ghasem_altajer
Triple RSI BitgetConcept of the Triple RSI It calculates 3 RSIs with different periods (for example, 7, 14, and 21). Then, it combines or displays these 3 values to provide a broader and more nuanced view of momentum. This allows capturing signals for the short, medium, and long term within a single indicator. Typical settings for the Triple RSI on Bitget (example) RSI 1: period 7 RSI 2: period 14 RSI 3: period 21 Classic levels for each RSI: 70 (overbought) and 30 (oversold) Usefulness Provides more confirmation than a simple RSI Helps avoid some false signals Allows anticipating reversals with greater accuracy
Pine Script® indicator
by N3mo29
SPX Trendlines with VIX Levels By- Profit gang This comprehensive technical analysis tool combines SPX trendline analysis with VIX volatility levels to help identify potential market turning points. The indicator is specifically designed with non-repainting logic to ensure reliability for both backtesting and live trading. 🔧 KEY FEATURES: Non-Repainting Design: All signals and lines are drawn only on confirmed bars using barstate.isconfirmed Dynamic Trendlines: Automatically draws support and resistance lines connecting recent pivot points VIX Integration: Displays current VIX levels with customizable thresholds for market sentiment analysis Multiple Visual Elements: Includes diagonal trendlines, horizontal level lines, and an information table Comprehensive Alerts: Configurable alert system for both buy and sell signals Clean Interface: Organized inputs and customizable colors for all elements 📊 TRADING CONCEPT: The indicator utilizes the inverse relationship between VIX and SPX: High VIX at pivot lows may indicate oversold conditions (potential buying opportunities) Low VIX at pivot highs may signal complacency at market tops (potential caution zones) 🎛️ CUSTOMIZATION OPTIONS: Toggle trendlines, VIX labels, and level lines independently Adjust VIX thresholds (default: 25 high, 18 low) Customize pivot length for sensitivity (default: 15) Choose line styles (solid, dashed, dotted) and widths Personalize all colors and alert preferences 📈 VISUAL COMPONENTS: Red Lines: Resistance levels and trendlines Green Lines: Support levels and trendlines Information Table: Real-time VIX status and current levels Signal Shapes: Triangle markers for confirmed buy/sell signals Background Highlighting: Optional signal emphasis ⚠️ EDUCATIONAL PURPOSE: This indicator is designed for educational and informational purposes. Past performance does not guarantee future results. Always conduct your own research and consider risk management before making trading decisions. 🔔 ALERT SYSTEM: Separate alerts for buy and sell signals All alerts trigger only on confirmed bars Customizable alert messages with price and VIX data Multiple alert condition options for flexible setup Perfect for traders who want to combine technical analysis with volatility sentiment in a reliable, non-repainting format.
Pine Script® indicator
by profitgang
Breakout Pullback Reload FireBreakout Pullback Reload Fire (BPRF) is a price-action strategy designed to catch continuation moves after a breakout and retest. It identifies high-probability setups where price: Breaks out above or below a key baseline (SMA). Pulls back to retest that baseline (the “reload”). Fires in the original breakout direction, signaling trend continuation. How It Works Baseline: Simple Moving Average (SMA) with adjustable length. Breakout Threshold: Auto-scales using ATR or Z-score, so it works consistently on any symbol or timeframe without manual re-tuning. Pullback Band: Defines how close price must come to the SMA for a valid “reload.” Signal Confirmation: Requires a close back in the breakout direction after the pullback. Filters: Max bars to complete the pattern, and minimum bars between signals to avoid noise. Features Works across Forex, Stocks, Crypto, Futures, and Metals. Auto-normalization means the same settings work from 1-minute charts to daily or higher. Alerts for both Buy and Sell signals so you can trade in real time. Label plotting for easy visual backtesting. Best for: Traders who like trend continuation setups after a clean breakout and pullback, and want an adaptable tool that works across markets without constant re-configuration.
Pine Script® indicator
by dwatersman
1
UPTREND DOWNTREND Buy/Sell by EAGLE EYESUPTREND DOWNTREND Buy/Sell by EAGLE EYES is a trend-following indicator designed to help traders quickly identify market direction and take timely Buy or Sell decisions. It works by analyzing price action, trend strength, and momentum shifts to plot clear visual labels for UPTREND (Buy) and DOWNTREND (Sell) zones on the chart. Key Features: Clear Trend Direction: Highlights bullish (UPTREND) and bearish (DOWNTREND) phases directly on the chart. Buy/Sell Signals: Generates easy-to-read Buy/Sell markers for quick decision-making. Works on All Timeframes & Assets: Suitable for stocks, forex, crypto, and commodities. Noise Reduction: Filters out small market fluctuations to avoid false signals. User-Friendly: No complex settings—simple and effective visual guidance. Trading Tip: Use this indicator alongside volume analysis or support/resistance zones to confirm signals for higher accuracy.
Pine Script® indicator
by Eagle_eyes9292
BTCUSDT Correlation TableThis indicator calculates and displays the correlation between the current chart’s asset and Bitcoin (BTCUSDT) over a selected period. The correlation is shown as a percentage in a compact table on the chart. Key features: Customizable BTC symbol – default is BINANCE:BTCUSDT. Adjustable correlation period – set the number of bars used for correlation calculation. Color-coded output: Green for strong positive correlation (above +80%) Red for strong negative correlation (below –80%) Blue for neutral correlation Use this tool to quickly assess whether your asset is moving in sync with Bitcoin, inversely, or independently.
Pine Script® indicator
by Muffinek
INTRADAY BOOST SINGNALS BY EAGLE EYESPurpose Designed for short-term, high-activity traders who want quick trade entries and exits during market hours. Likely focuses on momentum, volume spikes, and trend confirmation to catch intraday moves. Key Features It Might Include Signal Generation Buy Signal: When upward momentum + volume surge + trend confirmation occurs. Sell Signal: When downward momentum + high selling volume + trend reversal is detected. Signals are probably marked with green arrows (buy) and red arrows (sell) on the chart. Core Indicators Inside (probable) Volume Filters: Detects strong participation behind the move. Moving Average / EMA crossovers: Confirms short-term direction. RSI / Stochastic: Filters out overbought/oversold traps. Supertrend / UT Bot logic: Ensures signals follow a trend, not just noise. Intraday Optimization Works best on short timeframes like 1-min, 5-min, 15-min charts. May include session filters so signals only trigger during active market hours. Alerts Configured so TradingView can send alerts for buy/sell signals in real-time. Visuals Arrows, colored bars, background shading for bullish/bearish momentum. Possibly a dashboard showing trend strength, signal count, win ratio. How It Helps Intraday Traders Quick decision-making: Immediate visual and alert-based guidance. Avoids overtrading: Filters false signals during sideways markets. Momentum-based: Focuses on high-probability moves with strong backing.
Pine Script® indicator
by Eagle_eyes9292
Calc Option Pos SizeAn indicator to help you calculate the optimal number of options to buy based on the dollar amount of risk you want to take. It also displays the planned risk-to-reward ratio (RR). Important metrics such as the number of contracts to buy and the RR are updated live based on the current ticker price. With spread support, you can simulate buying not at the mid-price but including the spread. This is factored into both the RR calculation and the number of contracts to buy. You can predefine up to 10 strategies for scaling out of your option position, based on the number of contracts you hold. Once you activate Manage Trade mode, the indicator shows how many contracts to close when the underlying asset reaches Profit Target 1 or Profit Target 2, along with visual signals. While in a trade, you can also draw a trailing stop-loss level on the chart to help manage your position. ⸻ How to get started 1. Select the same ticker as the one currently shown on your chart. 2. Set the colors to your preferences. 3. Define your “scale-out” strategies. • Example: If you have 6 contracts — at PT1 sell 3, at PT2 sell 2, and leave 1 as a runner. 4. Set the dollar amount you are willing to risk. 5. Define the planned Entry, Stop Loss, Profit Target 1, and Profit Target 2. 6. Enter the Delta and Spread for the option strike you plan to buy. ⸻ Once you are in a trade 1. Update the Date, Hour, and Minute to match the candle when you entered. 2. Set the number of contracts you purchased to activate your predefined scale-out strategy.
Pine Script® indicator
by phenomenia
SUPPORT RESISTANCE BY EAGLE EYESSUPPORT RESISTANCE BY EAGLE EYES The Support Resistance by Eagle Eyes indicator automatically detects key price levels where markets historically tend to reverse or consolidate. It helps traders visually identify important supply zones (resistance) and demand zones (support) for better decision-making in entries, exits, and stop-loss placement. Features Automatic Detection: Plots support and resistance levels based on recent price action and swing points. Dynamic Updating: Levels adjust as new market structure forms, ensuring real-time accuracy. Multiple Timeframe Analysis: Option to detect levels from higher timeframes for stronger zones. Customizable Sensitivity: Adjust lookback periods and strength filters to match your trading style. Clear Visuals: Color-coded lines for support (green) and resistance (red) with optional labels and zone shading. How It Works The script scans historical highs and lows, identifying zones where price has reacted multiple times. Stronger levels are based on: Number of touches/rejections Time duration since formation Closeness to the current price Best Used For Identifying key reversal zones Setting take-profit and stop-loss targets Spotting breakout and fakeout opportunities Multi-timeframe confluence trading Tip: Combine with your existing strategy (trend filters, volume analysis, candlestick patterns) for higher probability trades.
Pine Script® indicator
by Eagle_eyes9292
HIGH VOLUME BY EAGLE EYESHIGH VOLUME BY EAGLE EYES is a smart price–volume analysis tool that helps traders identify high-probability breakout zones based on consolidation, breakout direction, and volume strength. Key Features: Order Block Detection: Finds bullish and bearish order blocks after periods of consolidation. Volume Analysis: Supports three calculation methods — Simple, Relative (to average volume), and Weighted — to gauge volume strength. Breakout Filtering: Confirms breakouts only when accompanied by above-threshold volume. Visual Markers: Plots color-coded boxes on the chart showing the breakout zone with live volume multipliers. Customizable Settings: Adjustable lookback periods, breakout threshold, maximum number of displayed blocks, and volume sensitivity. Usage: Apply to your chart with your desired timeframe. Watch for green boxes (bullish breakouts) and red boxes (bearish breakouts). Boxes are removed if price mitigates them (invalidated by opposite movement). Works on all instruments and timeframes, especially effective in volatile markets for breakout traders.
Pine Script® indicator
by Eagle_eyes9292
Advanced VWAP Multi-MA System with Bollinger Bands & Dashboard📊 Key Features: Core Functionality: * VWAP Calculation with customizable anchor periods (Session/Week/Month/Quarter/Year) * Multiple Moving Average Types (EMA, SMA, WMA, HMA, RMA, VWMA) * Three MA Lengths (Fast: 9, Medium: 21, Slow: 50) * Standard Deviation Bands with 3 levels (1σ, 2σ, 3σ) * Dynamic band multipliers (adjustable from 0.5 to 5.0) 🎨 Visual Theme System: * Theme Types: Dark, Light, Pro * Visual Styles: Quantum, Holographic, Crystalline, Plasma, Nebula * Visual Intensity Control (20-100%) * Multi-layer Harmonic Nodes with gradient effects * Energy Flow Lines based on momentum * Minimal signal dots for buy/sell conditions 📈 Holographic Dashboard: * Real-time VWAP position tracking * MA trend analysis (Bullish/Bearish/Neutral) * Band position indicator (±1σ, ±2σ, ±3σ) * Volatility percentage * Momentum direction * Current visual theme display ✨ Visual Effects: * Quantum Fields: Multi-layer boxes with dynamic transparency * Energy Flow: Momentum-based directional lines * Gradient Fills: Between bands and MAs * Borderless Design: Clean, modern appearance * Emoji Headers: Enhanced visual appeal (⚡ 🌌 📊 🔮) 🎯 Trading Signals: * Bullish Signal: Close > VWAP AND Close > Fast MA AND Fast MA > Medium MA * Bearish Signal: Close < VWAP AND Close < Fast MA AND Fast MA < Medium MA
Pine Script® indicator
by PineProfits
SmartTrade - ALMCorpHello everyone! I’d like to introduce my creation—the Smart Trade indicator. I’ve identified certain patterns and discovered that specific moving averages, at certain deviations, can have a strong impact on price. So, what does this indicator do? It uses the daily timeframe as the basis for displaying levels. For each cryptocurrency, a unique deviation coefficient is calculated for each level. Essentially, we take two deviation zones—the buy zone and the sell zone—treating them as 0 and 1, respectively. From there, we can plot internal levels based on the Fibonacci sequence. To summarize: The indicator displays two main zones (buy/sell). It also shows internal Fibonacci levels, which exert strong influence on price movements. For convenience, each level is marked with its corresponding numerical value. Key Levels for Altcoins: The 0.25–0.5 Range and Imbalance For many altcoins, the most critical levels are 0.25 and 0.5. Prices tend to stay within this range most of the time—breaking beyond these levels signals a market imbalance, which is usually short-lived. Example Scenario: Normal Movement: Price moves between 0.25 (support) and 0.5 (resistance). Downside Break (Imbalance): If price falls below 0.25 into the buy zone (green area), the failure to hold 0.25 creates a strong imbalance. This typically forces price back up into its usual range. Upside Break (Imbalance): Similarly, if price breaks above 0.5 (e.g., reaching 0.75), this also creates imbalance, and price tends to revert back down into its standard range. Conclusion: Most altcoins trade primarily between 0.25 and 0.5. A breakout in either direction usually results in a temporary imbalance, which the market quickly corrects. By recognizing these patterns, we can make more informed trading decisions. Visualizing Imbalances – From Small to Large In the chart above, I’ve highlighted all imbalances, ranging from minor to major. Why This Indicator is Perfect for Spot Trading I’ve developed a trading strategy for this indicator that displays: Buy signals (with entry zones) Average entry price Sell signals How the Buy Signals Work: BUY 1 – Triggered when price touches the upper boundary of the buy zone. BUY 2 – Activated when price reaches the middle of the buy zone. BUY 3 – Executed when price tests the lower boundary of the buy zone. This structured approach ensures you capitalize on optimal entry points while managing risk. Understanding the Average Entry Line & Profit-Taking System You may have noticed an additional line on the chart above, displayed alongside the buy signals. This is the average entry line, which represents your mean entry price—calculated based on executing equal-sized purchases at each buy signal (BUY 1, BUY 2, BUY 3). Where to Sell? Smart Profit-Taking Rules While precise entries are critical, knowing when to exit is equally important. Here’s how the system works: Primary Take-Profit Level (0.375) Historically, this level offers the optimal balance for quick profit-taking. Adaptive Exit Strategy If the position is unprofitable by the time of closure, the system automatically shifts the exit to the next higher level (0.5). This ensures you lock in greater gains when the market favors your trade. Advanced Performance Tracking & Asset Selection The indicator provides comprehensive trade analytics, displayed in the bottom-right information panel: Trade count tracking (total number of executed trades) Cumulative profitability (combined returns across all trades) Average profitability per trade (total returns ÷ trade count) How to Leverage This Data These metrics allow you to: Identify high-potential assets Example: Asset A shows 5% average profit/trade vs. Asset B with 40% → prioritize Asset B for spot trading. Filter for optimal volatility Higher average profitability often correlates with stronger momentum/volatility. Multi-Market Utility While designed for spot trading, the indicator’s imbalance detection (described earlier) also works for: Futures market analysis Entry point identification
Pine Script® indicator
by ALMCorporation
Simple Crossover MME 5/20 Description: This indicator plots a 5-period Exponential Moving Average (EMA) in red and a 20-period EMA in blue. It provides clear visual signals for crossovers: A green triangle appears when the 5 EMA crosses above the 20 EMA (bullish signal). A red triangle appears when the 5 EMA crosses below the 20 EMA (bearish signal). Built-in alerts are available for both bullish and bearish crossover events. Option 2 (More Detailed) Title: 5 EMA / 20 EMA Crossover Strategy with Visual Signals & Alerts Description: This script is designed to track one of the most popular moving average strategies: the crossover between the 5-period and 20-period Exponential Moving Averages (EMA). It's a clean and straightforward tool for identifying potential shifts in short-term trend momentum. Features: 5-Period EMA: Plotted in Red. 20-Period EMA: Plotted in Blue. Bullish Crossover Signals: A green triangle is plotted below the price bar when the 5 EMA (Red) crosses above the 20 EMA (Blue), suggesting potential upward momentum. Bearish Crossover Signals: A red triangle is plotted above the price bar when the 5 EMA (Red) crosses below the 20 EMA (Blue), suggesting potential downward momentum. Customizable Alerts: The indicator includes built-in alert conditions. You can easily set up real-time notifications for every "buy" (crossover) or "sell" (crossunder) signal. How to Use: Add the indicator to your chart. To receive notifications, create an alert and select this indicator as the condition. Choose either the "Bullish Crossover" or "Bearish Crossover" option.
Pine Script® indicator
by tulyodetarso
Heikinashi laguerreThis Pine Script indicator called "Heikinashi Laguerre" combines the Heikin Ashi candlestick technique with the Laguerre Moving Average (Laguerre MA) to provide a smooth, trend-following trading tool. It is designed for traders to better identify trend direction, filter noise, and generate buy and sell signals with clear visual cues. Trading description and usage of this combined approach: Heikin Ashi Candles smooth price data by averaging price points, providing clearer visualization of trends with fewer false signals compared to traditional candlesticks. Bullish Heikin Ashi candles appear as translucent green and bearish as translucent black, helping traders spot uptrends and downtrends with greater clarity. The Laguerre Moving Average (Laguerre MA) is an advanced type of moving average known for its responsiveness and smoothness, filtering out market noise while staying adaptive. Traders can adjust the sensitivity via the alpha parameter. The indicator computes Heikin Ashi prices on a user-selected timeframe, independent of the chart’s timeframe, allowing multi-timeframe analysis within the same chart. Trend Identification and Filtering: The buy signal is triggered when the Heikin Ashi candle is bullish (close > open) and the price closes above the Laguerre MA, signaling a strong uptrend continuation. Conversely, the sell signal triggers when the Heikin Ashi candle is bearish (close < open) and the price closes below the Laguerre MA. Visual aids on chart include: Colored Heikin Ashi candles for immediate trend recognition. Subtle background coloring to distinguish bullish (green) and bearish (red) trends. Optional arrow markers to flag bullish and bearish candles. Buy (green) and sell (red) labels placed below or above bars when their conditions are met, which helps recognize entry points easily. Date Range Filter helps restrict signals to a specific trading period as defined by the user, offering customized historical or forward-looking trade analysis. This fusion of Heikin Ashi candles and Laguerre MA is suited for traders looking for a balance between smoothing price data and maintaining timely trend responsiveness, typically useful in swing and trend-following strategies.
Pine Script® indicator
by Dshergill
Moving Average Heat MapThe MA Trend Heatmap transforms complex moving average analysis into an intuitive visual display. By calculating the slope angle of seven moving averages and presenting them as a color-coded heatmap, this indicator provides instant insight into market momentum across multiple timeframes. Key Features: 8 Moving Average Types: Choose from EMA, SMA, WMA, HMA, RMA, VWMA, DEMA, or TEMA. Customizable Periods: 7 configurable MA lengths (default: 3, 5, 8, 13, 21, 34, 55) Dynamic Angle Calculation: Measures MA slope angles with automatic chart scale normalization 9-Level Color Gradient: Visual momentum strength from extreme bullish to extreme bearish Comprehensive Info Table: Real-time display of all angles and momentum statistics 4 Alert Conditions: Extreme and majority momentum alerts for automated trading How to Use: Trend Identification: Green rows indicate bullish momentum, red rows show bearish momentum Momentum Strength: Color intensity reflects angle steepness (brighter = stronger) Confluence Trading: Look for alignment when multiple rows show the same color Divergence Detection: Spot when short and long-term MAs show opposing colors Alert Setup: Configure alerts for extreme momentum conditions Settings: Select MA type and customize each of the 7 period lengths Calculation Settings Slope Period: Lookback for angle calculation (default: 5) Max Angle: Normalization threshold (default: 90°) Display Settings Heatmap Height: Adjust row size Grid Lines: Toggle on/off Info Table: Show/hide detailed statistics Colors Fully customizable 9-level color scheme Interpretation All Green: Strong uptrend across all timeframes Mixed Colors: Transitional market or ranging conditions All Red: Strong downtrend across all timeframes Color Transitions: Potential trend change developing Best Practices Combine with price action for confirmation Use multiple timeframes for better perspective Wait for color alignment before entering trades Monitor the info table for precise angle measurements What Makes This Unique Unlike traditional MA crossover systems, this indicator quantifies momentum through angle measurement and presents it visually. The heatmap format allows traders to assess market conditions at a glance, making it ideal for quick decision-making and multi-timeframe analysis.
Pine Script® indicator
by KevinSvenson_