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byquan Indicator A - EMA20 Early Retest BUY (Trend Filter)Indicator A – EMA20 Early Retest (Trend-Filtered Buy Setup) Overview Indicator A – EMA20 Early Retest is a trend-following tool designed to identify early pullback buy opportunities using only EMA structure, without relying on candlestick patterns. The indicator focuses on: EMA alignment EMA momentum Controlled pullbacks Early retests before a full breakout It is designed to generate one signal per trend leg, helping reduce noise and repeated entries. ⚠️ This indicator is intended for educational and analytical purposes only. It does not provide trading advice or guarantee any performance. Core Concept The logic behind Indicator A is based on a simple observation: In a healthy uptrend, EMA20 often pulls back after a strong move, then retests near its previous peak before continuing. Instead of waiting for a breakout or reacting late, this indicator attempts to highlight early retest zones, where momentum may resume while risk remains relatively controlled. EMA Structure Used The indicator uses three exponential moving averages: EMA20 → short-term momentum EMA50 → medium-term trend EMA100 → higher timeframe structure Only the EMA values themselves are used. No candle shapes, wicks, or price patterns are involved. Buy Conditions (High-Level) A BUY signal is considered only when all of the following steps occur in sequence: 1. EMA20 Crosses Up EMA20 must cross above EMA50 or EMA100, signaling the start of a potential bullish momentum phase. This event initializes a new setup. 2. EMA20 Builds a Peak After the cross: EMA20 continues rising The indicator tracks the highest EMA20 value The peak is considered valid only after EMA20 starts declining for more than one step, helping avoid minor fluctuations 3. Deep Pullback Requirement EMA20 must pull back by a minimum percentage of the total move from: the cross point → to the EMA20 peak This pullback depth is configurable (default: 25%). Shallow pullbacks are ignored. 4. Early Retest Zone After a valid pullback, the indicator waits for EMA20 to rise again and reach approximately 90% of the previous EMA20 peak. This is called an early retest: The peak does not need to be broken Momentum resumption is detected before a full breakout 5. Trend Filter (Critical) A BUY signal is allowed only if: EMA50 is above EMA100 This filter ensures that signals are aligned with the broader trend structure and helps avoid counter-trend setups. If the early retest occurs while this condition is not met, the setup is discarded permanently. Signal Behavior Only one BUY signal is generated per EMA20 trend cycle After a signal (or a discarded setup), the indicator locks and waits for a new EMA20 cross This design prevents repeated or clustered signals Inputs Explained Pullback Depth (%) Defines how deep EMA20 must retrace from its peak before a retest is considered. Early Retest Ratio Defines how close EMA20 must return to its previous peak (default: 90%). These parameters allow users to adapt the indicator to different timeframes or market conditions. How to Use the Indicator Indicator A is best used as: A trend continuation confirmation tool A confluence layer, combined with: Higher timeframe analysis Risk management rules Personal trading plans It is not designed to: Predict market direction Replace risk management Act as a standalone trading system Timeframes & Markets The indicator can be applied to: Forex Crypto Indices Stocks Performance and behavior may vary depending on: Market volatility Timeframe EMA sensitivity Users are encouraged to observe and test the indicator in their own environment. Final Notes This script is intentionally designed to be: Rule-based Conservative Noise-resistant All logic is deterministic and transparent. There are no repainting elements. Always evaluate indicators as part of a broader analytical framework. Past behavior does not imply future results.
Pine Script® indicator
by teshakiestler
Bear & Bull Builder // visual strategy builderAre you a trend follower? Trend following systems have been a cornerstone of trading since the first candlestick charts were invented in 18th-century Japan by Munehisa Homma (or Honma), a legendary rice merchant who used them to analyze market sentiment and predict price movements. Since then, legendary traders like Richard Dennis and Dr. David Paul have used technical analysis—the study of turning points and trends of candlestick charts—to develop an edge and strategy for trading equity, commodity, and forex markets. How to Utilize the Bear & Bull Builder This script is a way to pick and choose technical methods like SMAs and EMAs to define trend exits and entries. Additionally, you can specify an ATR (Average True Range) calculated stop loss based on your individual strategy and trading plan. Within the settings panel, you can set up this script to display only Long Position values, zones, and levels—or configure it for shorts, or both. What Makes This Original Unlike most trend-following indicators that lock you into a single approach, this script lets you combine different indicator types (RSI, WaveTrend, CCI, EMA, SMA) across three separate trend timeframes. The originality comes from the flexibility: you can test whether momentum-based trends (like RSI) work better than moving averages for your timeframe, or experiment with mixing them together. The script also bridges the gap between manual trading and automation by providing visual position values and fill zones that show exactly where signals generate versus where orders execute—critical information most scripts ignore. Getting Started For this quick and easy setup example, I built a strategy that is long-only, displays only long positional data and values, and uses a 21 & 55 period exponential moving average for the short and medium-term trend in addition to an 89 period simple moving average for my longer-term outlook. I have set my ATR-based multiplier to 0.75, and have left the fill zone display turned on to help visualize when to set up the built-in alerts for automating my strategy. I have made this the default settings of the script. Positional Values GREEN NUMBERS → Entry signal price YELLOW NUMBERS → Stop loss price BLUE NUMBERS → Exit signal price IMPORTANT I cannot describe how useful it is to use TradingView's built-in Long and Short position tools! The whole reason for this script is that it is as manually friendly as it is automated—especially for backtesting. You can use the long position tool to measure exact profits and losses on individual trades for the strategies you build. This can really help you see clearly if you have built a system with positive expectancy. Tables 1. Settings Display Table Displays the trend types that are configurable in the settings panel. Shows if positional values for longs and shorts are currently displayed. 2. Back testing Table Displays the total amount of long and short entry signals since the first bar of the chart. Additionally, it displays the average amount of bars per trade (time in trade). Alerts & Automation There are 4 built-in alerts for automating your strategy to an external server: 1.Long Entries 2.Long Exits 3.Short Entries 4.Short Exits Since this script uses confirmed bar states for alert generation (to avoid repainting), all alerts and displayed position values (the green, yellow, and blue numbers) will be sent on the closing price. Each alert has a placeholder preset for further customization. Technical Details How the trend detection works: Bullish state triggers when close > all three selected trends Bearish state triggers when close < all three selected trends Uses barstate.isconfirmed to prevent repainting Stop loss calculation: Long stops: highest_trend - (ATR × multiplier) Short stops: lowest_trend + (ATR × multiplier) ATR period is fixed at 20 bars, multiplier is user-adjustable Entry placement logic: Long entries execute at the highest value among the three selected trends Short entries execute at the lowest value among the three selected trends This ensures entries occur near the support/resistance created by the trend lines Why calculate all indicators upfront: The script calculates all five indicator types (EMA, SMA, RSI, CCI, WaveTrend) for all three trend lengths on every bar, then selectively uses the ones you choose in settings. This prevents Pine Script consistency warnings while maintaining flexibility.
Pine Script® indicator
by Beck_Mullen
ATR Momentum StatusThis indicator measures whether volatility (ATR) is increasing or decreasing, and classifies momentum strength into four clear states: - WEAK - STRONG - EXPANSION - DECREASING It helps traders avoid fake moves and only trade when real participation enters the market, especially when used together with FVG CE Acceptance (SMC). ATR Momentum States (Very Important) Status Meaning Market Condition WEAK Small ATR increase Low participation STRONG Healthy ATR increase Real buyers/sellers entering EXPANSION Large ATR spike Aggressive momentum / breakout DECREASING ATR falling Momentum dying / trap risk What This Indicator Is NOT ❌ Not a buy/sell signal ❌ Not direction bias ❌ Not entry by itself 👉 It is a trade quality filter ✅ Best Use Case (SMC / FVG Traders) This indicator shines when combined with: - FVG - CE (Consequent Encroachment) - Liquidity Sweep - Acceptance Candle Important Risk Filter (Golden Rule): ATR Status Trade Quality EXPANSION + Acceptance ⭐⭐⭐⭐⭐ (Best) STRONG + Acceptance ⭐⭐⭐⭐ WEAK + Acceptance ❌ Avoid DECREASING ❌ No Trade Why This Works (Conceptually): - FVG CE acceptance = price is accepted - ATR expansion = participation is real - Together = institutional momentum, not retail noise
Pine Script® indicator
by inzuddin
3
Quantum RCI FusionDescription: Overview: The Quantum Momentum Engine Quantum RCI Fusion is a sophisticated momentum oscillator designed to solve the #1 problem of classic indicators: false signals in sideways markets. At the core of this script is the Rank Correlation Index (RCI), a powerful statistical tool based on Spearman’s correlation. Unlike RSI or Stochastic which only look at price levels, the RCI evaluates the "quality" of a trend by measuring the temporal correlation of price ranks. This script is not just a line drawing: it is a complete trading ecosystem that fuses three RCI timeframes, volatility filters, and a real-time Risk Management simulation. 🛠 How It Works: The "Fusion" Logic The strength of this indicator lies in the synergy between its components. It is not a simple mashup, but a filtered logical system: Triple RCI Engine (Fast, Mid, Slow): Fast (13) & Mid (18): These generate the Crossover signal for precise entry timing. Slow (30) - The "Trend Shield": The true innovation. It acts as a directional shield; if the baseline is bullish, the script protects Long positions by ignoring premature exit signals, allowing you to ride the full trend. HMA Smoothing: Raw price data passes through a Hull Moving Average before the RCI calculation. This drastically reduces market "noise" without sacrificing the responsiveness typical of the RCI. Intelligent Filters (Anti-Whipsaw): ADX Integration: Signals are blocked if the ADX is below the threshold (default 20), preventing trading in flat/ranging markets. Momentum Impulse: Requires a minimum variation (Delta) in the RCI to confirm that the move has real drive and is not just random fluctuation. 🛡 Risk Management & Simulation Since timing is useless without risk management, Quantum RCI Fusion includes a Dashboard and sophisticated exit logic: Multiple Exits: Take Profit / Stop Loss: Based on dynamic ATR multipliers. Shield Break: Safety exit if the underlying trend (Slow RCI) changes direction. Emergency: Immediate close if momentum sharply reverses across the zero line. Live Dashboard: Monitors Win Rate, virtual PnL, and Trade Status (Long/Short/Scanning) in real-time directly on the chart, removing the need for external backtesters. 🚀 How to Use It Setup: Add the script to a separate pane below your price chart. Entry Signals: LONG (Green Triangle): RCI Fast crosses Mid upwards + Oversold Zone (< -80) + ADX > 20 + Bullish Shield. SHORT (Red Triangle): RCI Fast crosses Mid downwards + Overbought Zone (> 80) + ADX > 20 + Bearish Shield. Customization: Scalping: Reduce RCI lengths (e.g., 8/12/20) and disable the "Trend Shield" for quick entries and exits. Swing Trading: Keep defaults and use the ATR Trailing logic to manage positions on H4 or Daily timeframes. ⚖️ Notes & Credits Originality: This script enhances the standard RCI by implementing Array-based calculations (optimized for Pine v6), proprietary HMA smoothing, and unique "Trend Shield" logic. Open Source: The code is released under the MPL 2.0 license. Credits to the Pine community for the foundational mathematical formulas of Spearman's correlation. Disclaimer: The statistics shown in the dashboard are simulations based on live data and do not guarantee future profits. You are responsible for your own trading decisions. 🖼 Instructions for the Publication Chart (Preview) To ensure your script gets approved and attracts users, follow these steps for the cover image: Symbol: Use a volatile and liquid asset, e.g., BTCUSD or XAUUSD (Gold), on a 1H or 4H timeframe. Clean Layout: Remove all other indicators from the chart (no Moving Averages on price, no Bollinger Bands). The focus must be solely on your script in the bottom pane. Visualization: Ensure the Dashboard (stats table) is clearly visible and does not obscure the most recent candle. The chart should show at least one clear BUY and one clear SELL signal, ideally with the exit icons (the "X" or flags) visible to demonstrate the exit logic.
Pine Script® indicator
by mentalExpert19609
ORB with Range Context📌 What This Indicator Does This indicator plots the Opening Range (OR) — the high and low established during a user-defined session window at market open — and provides context on the range's significance by comparing it to recent volatility. After the opening range session completes, the indicator displays: • ORB High and Low as horizontal reference levels • Optional Midline (often acts as intraday support/resistance) • Target projections at customizable multiples when breakout occurs • Range Quality classification (Narrow / Normal / Wide) 🔬 How It Works Step 1: Opening Range Capture During the session window (default: 09:15–09:20 IST for Indian markets), the indicator tracks the highest high and lowest low. These become the day's Opening Range boundaries. Step 2: Range Quality Analysis This is where this indicator differs from standard ORB tools. It compares today's range to the instrument's Average True Range (ATR) and classifies it: • NARROW — Range is less than 0.5× ATR Interpretation: Price compression. The market opened in a tight range relative to recent volatility. Compression often precedes expansion — breakouts from narrow ranges can be more directional. • NORMAL — Range is between 0.5× and 1.2× ATR Interpretation: Typical opening behavior. Standard breakout expectations apply. • WIDE — Range is greater than 1.2× ATR Interpretation: The market opened with unusual volatility — possibly due to gaps, news events, or overnight developments. Wide ranges may indicate that much of the day's move has already occurred. Step 3: Breakout Detection A breakout is confirmed when price closes beyond the ORB High or Low (not just wicks through). The indicator tracks the first breakout direction each day. Step 4: Target Projection On confirmed breakout, targets are calculated using the ORB range as the measurement unit: • Target 1 = Breakout Level ± (Range × 1.0) • Target 2 = Breakout Level ± (Range × 1.5) • Target 3 = Breakout Level ± (Range × 2.0) ⚙️ Settings Guide Opening Range Settings • ORB Session Window — Time window for capturing the range. Default: 0915-0920 (first 5 min for NSE/BSE) or 0915-10:00(first 45 mins for NSE/BSE. US Markets: 0930-0935 or 0930-0945. • Show Midline — Toggle the range midpoint display Target Projection • Target 1/2/3 (x Range) — Multipliers for profit targets. Default values (1.0, 1.5, 2.0) follow classical ORB methodology. Range Quality Analysis • ATR Period — Lookback for ATR calculation (default: 14) • Narrow Threshold — Ranges below this ATR multiple are classified as narrow (default: 0.5) • Wide Threshold — Ranges above this ATR multiple are classified as wide (default: 1.2) 📈 How to Use This Indicator 1. Apply to an intraday chart (1-min to 5-min recommended) 2. Wait for the ORB session to complete — levels appear after the time window ends 3. Check Range Quality in the info panel 4. Watch for breakout confirmation — price must close beyond ORB High or Low 5. Use projected targets for trade management 💡 Practical Tips • Narrow Range Days: Often produce cleaner breakout trades. Tight opening suggests indecision that typically resolves directionally. • Wide Range Days: If range exceeds 1.5× ATR, consider whether the instrument has already made its daily move. • Midline Usage: After breakout, the midline often acts as a pullback level for re-entry or confirmation. 📊 Why Range Quality Matters Most ORB indicators plot static levels without context. A 100-point range on NIFTY might be significant on a quiet day but trivial on a volatile day. By normalizing against ATR, this indicator answers: "Is today's opening range tight or loose relative to what this instrument normally does?" This helps traders: • Calibrate profit expectations • Assess risk appropriately • Avoid mechanical trading without market context 🔔 Alerts Available • ORB Bullish Breakout • ORB Bearish Breakout • Target 1 Hit • Target 2 Hit ⚠️ Notes • Works on intraday timeframes only • Best suited for liquid instruments with defined opening sessions • Range Quality is contextual guidance, not a standalone signal • Always use appropriate risk management
Pine Script® indicator
by VishalSubandh
6
deKoder | Structural Flow [SF]deKoder | SF | Structural Flow - Swing/Pivot Structure Charting Strips away the noise of standard candlestick charts and reveals the true underlying swing structure through clean, connected pivot lines. Beneath the storm of wicks / Silent structure whispers truth Extreme Noise Reduction Replaces cluttered price action with a minimalist pivot based line chart. The user-defined Window length lets you control sensitivity: shorter for more detail on lower timeframes, longer for cleaner structure on higher timeframes. Accurate Swing Detection Only stronger pivots are accepted. Weaker same side pivots are ignored, preserving the true extreme highs and lows without distortion. Real Time Extension The final incomplete leg dynamically follows the current close until the next confirmed pivot forms. Optional Directional Colouring Enable Directional Colouring to automatically colour confirmed legs with the user defined bull and bear colours on upward and downward swings. Adjustable Background Candles Candles with adjustable transparency may be displayed on the chart. Adjust the visibility setting to find the perfect balance between full raw candle data and clean structure Practical Uses Instantly reveals classic chart patterns — head & shoulders, double tops/bottoms, triangles, flags with unmistakable clarity Becomes simple to spot Wyckoff springs, upthrusts, and phase transitions inside trading ranges Provides a clean foundation for manual Elliott Wave counting . Clear swing structure makes labeling impulses and corrections much easier Makes trend changes and potential reversals stand out without second-guessing every wick Excellent for higher-timeframe structural analysis — the longer window setting produces exceptionally clean swing views Ideal for creating clean educational screenshots and annotated posts - the chart speaks for itself Reduces emotional noise by shifting focus from every candle to meaningful swing structure Well suited for swing and price action traders, Wyckoff and Elliott Wave analysis, and anyone who prefers calm, uncluttered charts over constant visual chaos. Clean charts. Clear sight. ☠ FR33FA11 | deKoder ☠ Released January 2025 | Open Source If this open-source script (or any of its free companions) has saved you time or helped you read the market better, a coffee or a few sats helps to keep the Pine coming ❤️ Solana: 2N8HWPAHSC7Z8SLyneMrZp234UAP9HCtQX7wNXw7LKQC Ethereum: 0xE770D254DC579d1db7bA2fe74376b7009527356B Bitcoin: bc1qd8j3awht5yrjtnvt5dagxldzhaesc83sftype3 Polygon: 0xE770D254DC579d1db7bA2fe74376b7009527356B Hype: 0xE770D254DC579d1db7bA2fe74376b7009527356B
Pine Script® indicator
by FR33FA11
LBMA London Gold Fix Times [Auto DST]## Overview This lightweight indicator automatically marks the **LBMA Gold Price Fixing** times on your chart using vertical lines. It is designed specifically for **XAUUSD (Gold)** traders who need to monitor institutional liquidity and volatility shifts during the London session. The indicator tracks the two key daily fixing moments: * **AM Fix:** 10:30 (London Time) * **PM Fix:** 15:00 (London Time) ## Key Features * **🌍 Auto Daylight Saving Time (DST):** Built with the `Europe/London` timezone parameter. It automatically adjusts to British Summer Time (BST) and GMT, so you never have to manually change the UTC offset settings. * **⚡ Minimalist Design:** Draws clean vertical lines without cluttering your chart with text labels. * **🎨 Fully Customizable:** You can adjust the line color, width, and style (Solid, Dashed, Dotted) for both AM and PM sessions independently. ## Why are these times important? The London Gold Fix (LBMA Gold Price) is the global benchmark for physical gold settlement. Major institutions, central banks, and mining companies settle contracts at these times. Consequently, **10:30** and **15:00** (London time) often witness: 1. Significant spikes in volatility. 2. Trend reversals or accelerations. 3. Massive volume injection. ## Usage Tips * **Timeframe:** This indicator works best on **Intraday Timeframes** (1-minute to 30-minute charts). * *Note:* It may not be visible on H1 (1-hour) charts or higher because the fix times (e.g., 10:30) occur in the middle of an hourly candle. * **Setup:** Simply add it to your chart. No timezone configuration is required; the script calculates London time internally. ## Settings * **AM Fix Color:** Default is Blue (London Morning). * **PM Fix Color:** Default is Red (London Afternoon/US Morning overlap). * **Line Style:** Choose between Solid, Dashed, or Dotted lines. 概述 (Overview) 这是一个轻量级的辅助指标，通过垂直线在图表上自动标记 LBMA 伦敦金定盘价（LBMA Gold Price Fixing） 的时刻。它是专为 XAUUSD（黄金） 交易者设计的，旨在帮助大家捕捉伦敦时段内机构流动性和市场波动的关键节点。 该指标会自动锁定每天两个核心的定盘时间： 上午定盘 (AM Fix): 10:30 (伦敦时间) 下午定盘 (PM Fix): 15:00 (伦敦时间) 主要功能 (Key Features) 🌍 自动识别夏令时 (Auto DST): 代码内置 Europe/London 时区参数。无论英国处于夏令时 (BST) 还是冬令时 (GMT)，指标都会自动精准对齐，无需用户手动调整时区设置。 ⚡ 极简主义设计: 仅绘制干净的垂直线，不显示任何文字标签，避免遮挡K线或干扰视线。 🎨 高度可定制: 您可以独立调整上午和下午定盘线的颜色、粗细以及样式（实线、虚线或点线）。 为什么要关注这两个时间点？ LBMA 伦敦金定盘价是全球实物黄金结算的基准价格。大型金融机构、中央银行和金矿公司通常会在这个时间点集中进行合约结算。因此，在伦敦时间 10:30 和 15:00 前后，市场经常会出现： 波动率瞬间激增。 短期趋势的反转或加速。 巨量成交量的涌入。 使用建议 (Usage Tips) 适用周期: 建议在 日内分时图（1分钟、5分钟、15分钟或30分钟）上使用。 注意: 在 1小时 (H1) 或更大的周期上，线条可能无法显示，因为定盘时间（如 10:30）发生在整点K线的内部，无法被单独标记。 设置方法: 加载指标即可使用。无论您本地电脑的时间设置如何，脚本内部会自动计算正确的伦敦时间。 参数设置 (Settings) AM Fix Color: 上午定盘线颜色（默认为蓝色）。 PM Fix Color: 下午定盘线颜色（默认为红色，此时往往也是美盘初期的波动高峰）。 Line Style: 线条样式选择（实线、虚线、点线）。
Pine Script® indicator
by trad7595
ADR% Ext MAThis indicator is designed for aggressive short-term momentum swing traders who want to filter out "dead money" and avoid chasing extended stocks. It helps you objectively measure velocity (ADR%) and risk (Extension from 50MA) to identify the hottest setups before they become overextended. The core philosophy behind this script is simple: Velocity: We only want stocks that move fast enough to reward us quickly. Safety: We want to enter near the "launchpad" (50SMA), not when the move is already stretched. Timing: We want to ensure the stock hasn't already used up its daily fuel. Key Features 1. ADR% (Average Daily Range %) Concept: Measures the velocity of the stock. Function: Calculates the average daily percentage move over a set period (default 20 days). Logic: If a stock's ADR is too low (e.g., < 3%), it is considered "dead money" and ignored. The indicator highlights the background in BLUE only when the ADR% meets your minimum threshold. 2. Extension from 50 SMA (measured in ATR) Concept: Measures how stretched the price is from its trend baseline. Function: Calculates the distance between the Close and the 50 SMA, expressed as multiples of ATR. Logic: High momentum plays require a base. If the price is extended more than 4x ATR from the 50 SMA, the risk/reward is skewed (rubber band effect). The blue highlight turns off if the price is too extended. 3. Daily Range Used (Intraday Timing) Concept: Measures how much of the expected daily move has already happened today. Function: Compares the current day's range (High - Low) against the ATR. Display: Used: ATR x 0.50 means the stock has only moved 50% of its average range. If it exceeds 1.0 (100%), the text turns RED, warning you that the move might be exhausted for the day. Visual Guide Blue Background Highlight: The "Green Light" zone. It appears only when: ADR% is high enough (High Momentum). Price is above 50 SMA (Up Trend). Price is NOT overextended (Safe Entry Zone). Dashboard Box (Top Right): ADR: Shows the raw velocity percentage. Ext: Shows extension from 50SMA in ATR multiples. (Turns RED if > 4.0). Used: Shows intraday range consumption. (Turns RED if > 1.0). MA: Displays the 50 SMA value. Settings ADR Length & Threshold: Customize the lookback period and minimum % required (Default: 3%). Extension Limit: Set the maximum ATR multiple allowed from the 50 SMA (Default: 4x). Visuals: Customize text size and box position. Disclaimer: This tool is for educational purposes and trend analysis only. Always manage your risk.
Pine Script® indicator
by i_am_a_shimpei
Adaptive Bull Ratio Strategy█ Overview: Why This Strategy Most option strategies fall into two traps: They are too rigid: A "Call Ratio Spread" works great in slow markets but gets destroyed if the market rallies hard. They are too simple: A simple "Buy Call" suffers from time decay (Theta) if the market chops sideways. The Adaptive Bull Ratio Strategy solves both . It is a living strategy that "shifts gears" based on price action. It is called "Adaptive" because it morphs its structure three times during a trade. It starts conservative to harvest Time Decay, but if the market explodes upwards, it "uncaps" itself to ride the trend aggressively. █ The Entry Philosophy: Why Supertrend? The default setting uses the Supertrend indicator as the trigger. This is intentional: Volatility Awareness: Supertrend adapts to market noise using ATR. In high volatility, bands widen to prevent false entries. Trend Confirmation: Since Phase 1 involves selling options, entering "too early" against a falling market is dangerous. Supertrend forces patience, waiting for a confirmed reversal (Close > Trend Line), ensuring the momentum is actually in your favor before you commit capital. The "Drift" Benefit: This strategy excels in markets that "drift" upwards. Supertrend identifies these trends while filtering out short-term chop. Flexibility with External Sources: While Supertrend is the default, the strategy is designed to be flexible. You can enable the 'Enable External Source' option in the settings to plug in any custom indicator (e.g., Moving Averages, Parabolic SAR, or a proprietary trendline). The Golden Rule for External Sources: The script interprets a Bullish Signal whenever your External Source line is below the Close price (Ext Source < Close). Compatibility: As long as your custom indicator behaves like a support line in an uptrend (plotting below the candles), it will work seamlessly with this strategy's logic. █ The "Long Only" Rationale: Avoiding the Volatility Trap Why not trade this on the short side (Puts) during crashes? The Volatility Trap (Vega Risk): In Bull markets, Implied Volatility (IV) usually drops, helping your sold options decay faster. In Bear markets, IV explodes (panic). Selling OTM Puts during a crash is dangerous as their value skyrockets, neutralizing gains. Velocity Risk: Bear markets crash fast ("Elevator Down"). Prices can blow through adjustment levels faster than the strategy can safely roll down, causing slippage. Structural Skew: OTM Puts are inherently more expensive. Buying expensive ITM Puts and selling expensive OTM Puts shifts the breakeven further away, making V-shape recoveries painful. █ How It Works & Stands Out This strategy actively transforms risk profiles based on market movement: Phase 1: The "Safe" Start (Entry) Setup: Initiates a Call Ratio Spread (Buy 2 ITM, Sell 4 OTM) + Protective Puts. Logic: Profits from sideways drift or slow rallies via Time Decay (Theta). The sold options finance the trade. Phase 2: The "Shift" (Adjustment Level 1) Trigger: Market moves above Leg 2 (3 OTM Call). Action: Rolls Up the position. Exits initial legs, enters new higher legs, and adds a Short Put to finance the roll. Impact: Aggressive. You bet the trend is strong enough to support the added downside risk of the short put. Phase 3: The "Uncap" (Adjustment Level 2) Trigger: Market moves above Leg 3 (4 OTM Call). Action: Exits all Sold Calls. Impact: Uncaps profit potential. The trade becomes a Net Long position (Long Calls + Short Puts), allowing you to ride a massive rally without a ceiling. Phase 4: The "Lock-In" (Optional Trail Adjustment) Trigger: The market goes parabolic (price rises X levels above Leg 3, configurable in settings). Action (If Enabled): Call Adj: Exits the Phase 3 calls and buys fresh 1-OTM calls (Rolling Up to lock profits). Put Adj: Exits all Put legs (Removing downside risk completely). Impact: Maximum Safety. This phase is about "banking" the windfall from a massive rally and leaving a smaller, risk-free runner to capture any final extension. █ How to Start: A Quick Setup Guide Step 1: Map Expiry Dates Manually input your trading expiry dates in Settings -> Expiry Management. Format: YYYY-MM-DD (e.g., 2025-12-25). Strict adherence required for DhanHQ. Step 2: Configure Symbol & Size Exchange/Symbol: Enter NSE and NIFTY (or your ticker). Lot Multiplier: Default is 1. Set to 2 to double all quantities (e.g., Buy 2 becomes Buy 4). Step 3: Understand Visuals Entry Window (Light Blue): Strategy is scanning for new trades. Non-Entry Window (Dark Blue): Trading blocked (Day before Expiry & Expiry Day). Only management allowed. Green Box: Valid Late Entry Zone. Red Dashed Line: Invalidation Level (if price touches this, no late entry). Fuchsia Line: Trigger level for Special Trail Adjustments (Phase 4). IMPORTANT: Broker & Technology Heads-Up: The alerts generated by this script ({"secret": "...", "alertType": "multi_leg_order"...}) are specifically formatted for the DhanHQ webhook structure. Dhan Users: Plug-and-play. Other Brokers: You need middleware (NextLevelBot, Quantiply) to parse the JSON. █ Risk Disclaimer & Advice Trading options involves substantial risk. The Whipsaw Risk: In Phase 2, you are Long Calls and Short Puts. A sharp reversal causes losses on both sides. Margin: Selling options requires significant margin. Keep a 15-20% cash buffer to handle adjustments instantly. Testing: This strategy is optimized for NIFTY Weekly Options. Effectiveness on BankNifty or Stocks is untested and may require parameter tuning. Advice: Backtest: Use TradingView Replay. Paper Trade: Run for at least one expiry cycle before live deployment. Consult: Seek professional financial advice before trading. Practical Tips for Smooth Execution For a new trader deploying this system, these operational tips are vital: Capital Buffer: Do not trade at your limit. Always keep 10-15% free cash in your broker account. Adjustments (specifically Phase 2, where you sell an extra Put) require additional margin instantly. If margin is short, the order fails, and your hedge breaks. Liquidity Awareness : The script trades "Far Deep OTM" options (Leg 4) to reduce margin. On indices like Nifty/BankNifty, this is fine. On individual stocks, these deep strikes might be illiquid. Check the option chain volume before deploying on stocks. Trust the Process (but Verify) : While the algo drives, you are the pilot. Check your API connection every morning. Ensure the "Entry Window" background color on the chart matches your real-world date. Verify that your broker executed all legs of a multi-leg order (partial fills are rare but possible). The "Human" Stop: If major news breaks (e.g., unexpected election results, war announcements), volatility can expand faster than any algo can react. It is acceptable—and smart—to pause the strategy during known "Black Swan" events or earnings releases. █ Timeframe Selection: The 30-Minute Standard Critical Requirement: This indicator must be applied to a 30-minute chart. Why? Noise Filtering: The Supertrend logic is tuned to capture multi-day trends. Lower timeframes (5m, 15m) are full of "noise"—random fluctuations that look like trend changes but aren't. Execution Logic (The Hybrid Engine): The script has a built-in "Dual Timeframe" architecture. Decision Layer (30m): Uses the chart timeframe to decide when to be Bullish or Bearish. Execution Layer (5m): Internally fetches 5-minute data to manage the how (Adjustments, Late Entries, and precise invalidation). The Risk of Lower Timeframes: If you run the main chart on 5-minutes, you destroy this hierarchy. You will get too many signals, pay too much brokerage, and the internal logic may behave erratically. Recommendation: Always keep your TradingView chart interval at 30m. Do not switch to lower timeframes expecting "faster" signals; you will likely just get "false" signals. █ Testing Scope, Feedback ⚠️ Important Note on Asset Classes: This strategy logic and the associated strike step calculations have been rigorously tested ONLY on NIFTY Index Options with Weekly Expiry. BankNifty / Sensex / FinNifty: The volatility characteristics (ATR) and strike intervals of these instruments differ significantly from NIFTY. The effectiveness of this strategy on these other scripts has not been verified and may require different parameter tuning (e.g., strike_step or ATR Length). Stocks: Individual stock options often lack the liquidity required for the "Deep OTM" legs, leading to potential execution failures. We encourage traders to backtest this logic on other indices and share their findings! If you find a robust parameter set for BankNifty or observe unique behaviors on other scripts, please let us know in the comments below so we can improve the algorithm for everyone. Your feedback is appriciated.
Pine Script® indicator
by TradeWiseWithEase
4
StrategyMatrixLibLibrary "StrategyMatrixLib" render_matrix(posStr, digits, bgCol, headBg, headTxt, valCol, valTxt)   Renders a strategy performance matrix (table) using strategy.* and strategy.closedtrades.*   Parameters:      posStr (string) : Table anchor position: "Top Left" | "Top Right" | "Bottom Left" | "Bottom Right"      digits (int) : Decimal places for numeric formatting      bgCol (color) : Background color for non-header cells      headBg (color) : Background for header rows      headTxt (color) : Text color for header rows      valCol (color) : Background for value cells      valTxt (color) : Text color for value cells   Returns: table id The created/updated table ID
Pine Script® library
by neghabi_mr
STD DEV ZONESA Statistical Road Map for price action. You can see exactly how the price interacts with these historical volatility "speed limits." 1. The "Pivot" (Yellow Level 0) What you see: The horizontal yellow line marks the start of the session's "value." The Strategy: This is your anchor. When price is above this, you are in "Long Territory." When price breaks decisively below the yellow line, it signals the shift to "Short Territory." 2. The "Exit Zones" (Teal and Red Shaded Areas) 3. "Zone" vs. "Line" Notice the shaded transparency around each line. The script is programmed to show a "Volatility Buffer." The Script (Horizontal Zones): Provides the "Where." It tells you where price is likely to run out of breath (Targets/Exits) and where the trend bias changes (The Pivot).
Pine Script® indicator
by scammerfx555
Supply & Demand (10-MTF) | StableThe Supply & Demand (10-MTF) indicator is a sophisticated technical analysis tool designed to identify high-probability institutional "buy" and "sell" zones across ten different timeframes simultaneously. Core Functionality The indicator works by scanning for displacement—sharp, aggressive price movements that leave behind "unfilled orders." Zone Identification: It identifies a "Base" (the candle before the move) and a "Leg-out" (the momentum candles). If the leg-out meets your momentum strength requirements, a zone is drawn. Multi-Timeframe Aggregation: Instead of switching between charts, a trader can see 1H Supply, 4H Demand, and Daily Supply zones all layered on a 5-minute chart. Real-Time Invalidation: The indicator tracks whether price has "mitigated" (broken) a zone. Once a zone is breached by a wick or a close (depending on your settings), it can be hidden or marked as historic. Why It’s Useful for Traders 1. Confluence Mapping (The "Nest" Strategy) The most powerful use of this tool is finding Nested Zones. When a 15-minute Demand zone resides inside a 4-hour Demand zone, the probability of a reversal is significantly higher. This indicator makes these high-confluence areas visually obvious. 2. Institutional Footprint Tracking Institutions do not buy or sell everything at once; they leave footprints in the form of supply and demand imbalances. This tool helps retail traders avoid "buying the top" or "selling the bottom" by showing where the big money actually entered the market. 3. Dynamic Stop Loss & Take Profit Stop Loss: Traders can place stops just outside the structural boundary of a zone. Take Profit: Traders can use the opposing HTF (Higher Timeframe) supply zone as a natural target for a long trade. 4. Time Efficiency Managing 10 timeframes manually is mentally exhausting. This indicator automates the "top-down analysis" process, allowing you to focus on execution rather than chart flipping.
Pine Script® indicator
by deepak26101973
Friendly IT Algo System_2026Friendly IT Algo System V1 is a comprehensive trend-following system that combines SMC (Smart Money Concepts) order blocks with powerful volume filters. 🧠 Key Features: Smart Trend Signals: EMA 7/20 crossover filtered by market energy. SMC Order Blocks: Automated key supply/demand zones. Regular Divergence: RSI-based trend reversal tracking. Auto Fib & Pivot: Displays 0.618 golden level and pivot S/R. Sideways Filter: ADX-based gray background to avoid choppy markets.
Pine Script® indicator
by mijookok
2
Momentum Trend & Ignition DashboardDescription Rationale & Originality Traders often struggle with chart clutter, needing separate indicators for Moving Averages, Volume anomalies, and Fundamental stats (like 52-week highs or Float). This script solves this problem by creating a unified "Momentum Dashboard." It is not just a collection of averages; it is a purpose-built tool for Breakout and Trend Following strategies (such as CAN SLIM or VCP). The uniqueness of this script lies in its "Confluence Logic": it allows a trader to instantly validate a setup by checking three pillars simultaneously without changing tabs: Trend: Are the key MAs (20, 50, 100, 200) stacked correctly? Ignition: Is there a "Power Play" (Big Price Move + Heavy Volume) occurring right now? Stats: Is the stock near its 52-week high, and does it have a supportive Up/Down Volume Ratio? How It Works (Detailed Calculations) 1. Custom Trend Ribbon (4x MA Mix): The script plots 4 independent Moving Averages. Innovation: Unlike standard inputs, each MA can be individually toggled between SMA (Simple) or EMA (Exponential). This allows traders to mix "Fast" trend lines (e.g., 10 or 20 EMA) with "Slow" institutional lines (e.g., 50 or 200 SMA) in one overlay. 2. "Purple Dot" Ignition Detection: This features a custom detection algorithm for "Ignition Bars." Logic: It compares the current candle's Close to the previous Close. If the move exceeds a user-defined threshold (default 5%) AND the Volume exceeds a fixed liquidity threshold (default 500k), a Purple Dot is plotted. This filters out "low volume drift" and highlights true institutional participation. 3. Relative Volume (RVol) Engine: Calculates the ratio of Current Volume to the 50-period SMA of Volume. Visuals: If the ratio exceeds the user threshold (e.g., 1.5x average), the dashboard highlights the data, and optionally the chart bars, alerting the trader to unusual activity. 4. Statistical Dashboard (Data Panel): Using request.security, the panel fetches daily timeframe data regardless of the chart view. 52-Week & 13-Week H/L: Calculates the percentage distance from these key levels to gauge overhead supply. U/D Ratio: Calculates the sum of volume on "Up Days" vs. "Down Days" over 50 periods. A value > 1.0 suggests institutional accumulation. Float %: (Stocks Only) Fetches financial data to show the percentage of shares available for trading. How to Use This Script This script is designed for Trend Following and Breakout Trading: The Setup: Use the Data Panel to find stocks with a U/D Ratio > 1.0 and price within 15% of the 52-Week High. The Trend: Ensure price is above the MA 2 (set to 50 SMA) and MA 4 (set to 200 SMA) to confirm a Stage 2 uptrend. The Trigger: Watch for the Purple Dot. If a Purple Dot appears as price breaks out of a consolidation (base), it confirms institutional buying. Use the RVol panel to confirm that volume is at least 1.5x normal levels. Risk Management: Use the MA 1 (set to 20 EMA) as a trailing stop-loss during strong trends. Settings & Configuration MAs: Fully adjustable Length and Type (SMA/EMA). Big Move (Purple Dot): Adjust the % Move based on asset volatility (e.g., use 3% for Large Caps, 10% for Crypto). Table: The data panel is fully dynamic. You can toggle specific rows (like Float or SMA distance) On/Off to save screen space, and position it anywhere on the chart. Credits & References The concept of Relative Volume (RVol) and U/D Ratio is derived from standard Volume Analysis used by William O'Neil. The "Big Move" combined with Volume thresholds is based on standard Volume Spread Analysis (VSA) concepts regarding "Effort vs. Result." Financial data fetch (Float) utilizes TradingView's built-in financial() library.
Pine Script® indicator
by atticsalt
Simple Volume IndicatorVolume is an important indicator in technical analysis because it is used to measure the relative significance of a market move. The higher the volume during a price move, the more significant the move and the lower the volume during a price move, the less significant the move. here i made some changes using Significant volume which helps to see the Price moment Black = Unconsumed Selling Blue = Exceptional Buying Strength Yellow = Demand Strength The Supply–Demand Battle Think of it like this: Black bar = supply waiting to be absorbed. Blue = demand stepping in to absorb supply. Yellow = Strength of move If Black dominate without follow-up blue/yellow, price struggles. If blue/yelow appear after Black, it signals buyers are winning.
Pine Script® indicator
by Sgreat