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EMA H/L 20-50 Table + RSI - KHALID ALADDIN🧾 Description EMA H/L 20-50 Table + RSI — by Khalid Aladdin A clean and minimal indicator designed for traders and analysts who prefer a quick glance at essential EMA values without any extra clutter on the chart. 📊 Features: Displays precise values of EMA20 (High & Low) and EMA50 (High & Low) in a compact table below the chart. Automatically updates values based on the current timeframe. Includes RSI reading for momentum tracking. Large, clear text with dark-theme friendly colors. No lines or drawings — only a clean data panel. ✅ Perfect for: Technical analysts, swing traders, and long-term investors who want an uncluttered view of trend levels and momentum strength.
Pine Script® indicator
by khalidaladdin1990
Trend Engine [MMT]The Trend Engine is a versatile Pine Script indicator designed to identify trend direction, potential reversals, and key price levels using a combination of Exponential Moving Averages (EMAs), and Anchored Volume-Weighted Average Price (VWAP). This indicator provides traders with a clear visual representation of market bias, momentum, and key support/resistance levels, making it suitable for both trend-following and pullback trading strategies. Key Features: 1. EMA Cloud System: - Displays three customizable EMAs (Fast, Pullback, and Slow) with configurable lengths and visibility. - Creates two cloud fills: - Fast Cloud : Between the Fast EMA (default: 8) and Pullback EMA (default: 13). - Slow Cloud : Between the Pullback EMA and Slow EMA (default: 21). - Clouds are color-coded (green for bullish, red for bearish) based on EMA alignment, with adjustable transparency for clarity. 2. Bias EMA: - A longer-term EMA (default: 35) indicates the overall market bias. - Changes color based on whether the regular candle close is above (green) or below (red) the Bias EMA, providing a clear trend direction signal. 3. Heikin Ashi Signals: - Utilizes Heikin Ashi candles to detect strong bullish or bearish momentum. - Generates buy/sell signals when a Heikin Ashi candle confirms a trend (bullish HA candle closing above Bias EMA for buy, bearish HA candle closing below for sell). - Signal arrows are currently disabled but can be enabled via settings for visual confirmation. 4. Anchored VWAP and Standard VWAP: - Plots both a standard VWAP and an Anchored VWAP (anchored to the US RTH session, 09:30–16:00 EST). - Customizable line styles (solid, cross, or circles) and colors for both VWAPs, aiding in identifying dynamic support/resistance levels. 5. Background and Candle Coloring: - Optional background coloring reflects the market bias (green for bullish, red for bearish) based on the regular close relative to the Bias EMA. - Optional Heikin Ashi candle coloring to visually distinguish bullish and bearish market conditions. 6. Regular Candle Close: - Option to plot the regular (non-Heikin Ashi) close price with customizable styles (line, circles, or cross) for reference. 7. Alerts: - Built-in alert conditions for bullish and bearish signals, allowing traders to receive notifications when a Heikin Ashi candle confirms a trend relative to the Bias EMA. How to Use: - Trend Identification : Use the Bias EMA and background color to determine the overall market direction. - Pullback Trading : Monitor the EMA clouds for alignment (bullish or bearish) and use the Pullback EMA for entries during retracements. - Support/Resistance : Leverage the VWAP and Anchored VWAP as dynamic levels for trade entries or exits. - Signal Confirmation : Enable signal arrows (when fixed) to spot high-probability trend continuation or reversal setups. - Customization : Adjust EMA lengths, colors, transparency, and visibility to suit your trading style and timeframe. Settings: - EMA Cloud : Customize lengths (default: 8, 13, 21), visibility, and cloud colors/transparency. - Bias EMA : Adjust length (default: 35) and colors for above/below states. - VWAP : Toggle standard and Anchored VWAP, with customizable styles and colors. - Background/Candles : Enable/disable background and candle coloring for visual clarity. - Regular Close : Show/hide the regular close price with style options. Notes: - Designed for use on any timeframe, but most effective on intraday (e.g., 5m, 15m) or daily charts. - Best used in conjunction with other technical analysis tools for confirmation. - Anchored VWAP is tailored for US markets (RTH session) but can be adjusted for other sessions by modifying the anchor time in the code. Ideal For: - Day traders and swing traders looking for trend direction and pullback opportunities. - Traders using VWAP-based strategies for intraday support/resistance. - Those seeking a clean, customizable visual aid for market bias and momentum. This indicator is a powerful tool for traders aiming to capture trends and manage risk effectively, with extensive customization to adapt to various markets and trading styles.
Pine Script® indicator
by isthattyler
50 Week MAThis script plots the true 50-week simple moving average (SMA) derived directly from the weekly timeframe, ensuring accuracy across all chart intervals. It allows you to visualise the long-term trend regardless of whether you’re viewing a 1-day, 4-hour, or 1-minute chart. Commonly used by swing traders and long-term investors, the 50-week MA helps identify macro trend direction, dynamic support and resistance zones, and major cycle shifts in price behaviour.
Pine Script® indicator
by Boujee101
TMA Dual BandsTMA Dual Bands - Adaptive Channel Indicator with Crossover Signals TMA Dual Bands represents my interpretation of the classic Triangular Moving Average methodology, specifically designed to identify high-probability trading setups through the interaction of two adaptive channel systems. Unlike traditional channel indicators that rely on static calculations, this tool dynamically adjusts to market volatility while maintaining the smooth, reliable characteristics that make TMA-based systems so effective. The indicator combines a MAIN channel (slow-moving, representing the broader trend) with a FAST channel (responsive, capturing momentum shifts). When these two systems interact in specific ways, they generate clear trading signals that can be used across multiple timeframes and market conditions. The Mathematics Behind the Indicator At its core, this indicator uses a sophisticated approach to calculating Triangular Moving Averages. Rather than using the traditional double Simple Moving Average method, I've implemented a double Weighted Moving Average calculation. This means the TMA is computed by taking a WMA of another WMA, which provides better responsiveness to recent price action while maintaining the smooth, triangular weighting distribution that gives this indicator its name. The weighted approach significantly reduces lag compared to double-smoothed simple moving averages, allowing the indicator to catch trend changes earlier without sacrificing reliability. This is particularly important for the FAST channel, where responsiveness is crucial for signal generation. Adaptive Volatility Bands What makes this indicator truly unique is its adaptive band calculation system. Instead of using a single standard deviation like traditional Bollinger Bands, the indicator maintains separate variance calculations for upward and downward price movements. When price rises above the TMA centerline, the upper band variance increases while the lower band variance decreases proportionally. The opposite occurs when price falls below the centerline. This asymmetric approach allows the bands to better reflect actual market conditions. During uptrends, the upper band expands to accommodate bullish volatility while the lower band contracts, creating a channel that naturally "leans" in the direction of the trend. The same principle applies in reverse during downtrends. The full calculation uses a smoothed variance over approximately four times the base period, ensuring that band adjustments are gradual rather than erratic. The multiplier parameter allows you to adjust the sensitivity of the bands to volatility, with higher values creating wider channels that generate fewer but higher-quality signals. Understanding the Signals The signal generation mechanism is elegantly simple yet remarkably effective. A bullish signal occurs when the lower FAST band crosses above the lower MAIN band. This crossover indicates that short-term momentum has shifted decisively upward, strong enough to break through the slower-moving baseline channel. These signals typically appear after consolidation periods or healthy pullbacks in uptrends, making them excellent continuation entry points. Conversely, bearish signals trigger when the upper FAST band crosses below the upper MAIN band. This pattern suggests that upward momentum has exhausted itself and that sellers are beginning to dominate. These signals often appear near resistance levels or at the culmination of extended rallies, providing excellent risk-reward opportunities for counter-trend or trend-reversal trades. The visual representation enhances signal clarity. The MAIN TMA centerline changes color dynamically based on its slope, displaying green during upward movement and red during downward movement. This gives you instant visual confirmation of the prevailing trend direction. The signal markers themselves appear as diamond shapes positioned just outside the MAIN channel bands, with cyan diamonds indicating buy opportunities below the lower band and blue diamonds marking sell opportunities above the upper band. You could consider taking bull signals only on long trend, and vice versa for the sell signals. Practical Application The indicator works across multiple trading approaches and timeframes. For trend-following strategies, the most reliable signals occur when they align with the MAIN TMA color. Taking only green-colored uptrend signals and red-colored downtrend signals significantly improves win rates by ensuring you're always trading with the dominant momentum. For breakout traders, the most powerful setups occur after periods of compression when the FAST bands squeeze inside the MAIN bands. This compression indicates low volatility and tight consolidation. When a signal finally triggers after such compression, it often leads to explosive moves as the market breaks out of its range. Mean reversion traders can also benefit from this indicator by taking counter-trend signals when price reaches extreme band levels. However, this approach requires careful risk management and works best in clearly ranging market conditions. Configuration and Customization The default parameters have been carefully selected through extensive testing, with the MAIN period set to 133 bars and the FAST period at 19 bars. These values create an effective balance between trend identification and momentum responsiveness. However, the indicator is fully customizable to suit different trading styles and market conditions. Traders focusing on longer-term positions might increase both periods proportionally, while scalpers and day traders might reduce them. The price type parameter allows you to choose how price is calculated for the TMA, with the weighted option providing the most responsive results. The band multiplier controls how wide the channels expand, with values between 2.5 and 4.0 being most common depending on your preferred signal frequency. Technical Integrity A critical feature of this indicator is its complete absence of repainting. All signals are generated and confirmed on closed bars, meaning that once a signal appears in historical data, it will remain exactly where it appeared regardless of subsequent price action. This makes the indicator equally reliable for backtesting historical data and trading live markets, a characteristic that many "magic indicator" systems cannot claim. The calculation methodology ensures that what you see on your chart is exactly what you would have seen in real-time when that bar closed. There are no retrospective adjustments, no future-peeking calculations, and no algorithmic tricks that make historical performance look better than actual trading results would have been. Conclusion TMA Dual Bands offers a sophisticated yet user-friendly approach to technical analysis, combining time-tested TMA methodology with modern adaptive volatility concepts. The dual-channel system provides clear visual representation of market structure while the crossover signals offer objective entry points that remove much of the guesswork from trading decisions. Whether you're a discretionary trader looking for high-probability setups or a systematic trader seeking reliable signals for automated strategies, this indicator provides the clarity and consistency needed for confident decision-making in dynamic market conditions. --- **Developed by AlgoAlex81** *Disclaimer: This indicator is provided for educational and informational purposes only. Past performance does not guarantee future results. Always practice proper risk management and never risk more than you can afford to lose.*
Pine Script® indicator
by AlgoAlex81
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RSI MTF Table - 12 Pairs (1,5,15) The relative strength index measures the speed and magnitude of an asset's recent price changes. Therefore, it is considered a momentum indicator in technical analysis. Essentially, the RSI is the ratio of the days an asset's value increases to decreases over a given period. Generally speaking, if the RSI is around 50, we do not expect strong movements. RSI above 65 or below 35 are areas we expect. In this context, this chart and the general momentum in 1-5-15 minutes allow us to quickly determine the parity we will trade. It is useful for intraday trading and scalping.
Pine Script® indicator
by MICROTRADES
ES on MNQES on MNQ — ES percent-move overlay on the MNQ price scale. Overview This indicator projects the ES’s intraday percent change since session open onto the MNQ price scale. At the session start (18:00 chart time), it stores the ES open and the MNQ open, tracks ES’s percentage move from that anchor, and applies the same percent move to the MNQ open. The result is a single line that behaves like ES but is plotted in MNQ points—useful for spotting convergence/divergence, failed breaks, and mean-reversion setups between ES and MNQ. How it works 1. Detects session open (18:00 on your chart). 2. Saves ES_open and MNQ_open. 3. Computes pct = (ES_close - ES_open) / ES_open. 4. Plots MNQ_open * (1 + pct) as the ES-on-MNQ line. A label on the last bar shows the current ES value for quick reference. Inputs • ES Symbol: default ES1! (change if you use a different continuous). • Line Color: color of the overlaid ES-on-MNQ line. Works best on intraday timeframes and when your chart’s session aligns with ES. Why it’s useful • Highlights divergences (MNQ decoupling from ES baseline). • Aids confirmation on pullbacks/breakouts when MNQ’s move disagrees with the ES-based projection. • Helps risk control by flagging stretches likely to revert toward the ES-anchored path. Notes & limitations • This is a percent-rebasing overlay, not a hedge ratio, fair value, or spread model. • Session/timezone settings matter; if your feed doesn’t print exactly at 18:00 on a higher timeframe, use a smaller TF or adjust session settings. • Minor differences between ES (full) and MNQ (micro) and data latency can create small offsets. Disclaimer For educational use only. Not financial advice. Use proper risk management.
Pine Script® indicator
by rshsieh
VIX on MNQVIX on MNQ — VIX percent-move overlay on the MNQ price scale (daily-open anchor, optional inversion) Overview This indicator projects the VIX’s intraday percent change from the daily open onto the MNQ price scale. It takes today’s open for both VIX and MNQ, measures the VIX’s percentage move since that open, optionally inverts it (given the typical inverse relationship), and applies a scale factor to fit that move onto MNQ’s price axis. The result is a single line that reflects VIX dynamics but is plotted in MNQ points—great for reading risk-on/risk-off tone, spotting divergences, and timing mean-reversion around volatility spikes. How it works • Fetches VIX close on your chart timeframe and today’s open for VIX and MNQ. • Computes pct = (VIX_close − VIX_open) / VIX_open. • Optionally multiplies by −1 (invert) and then by a Scale Factor to compress amplitude. • Plots MNQ_open * (1 + pct * (invert? −1 : 1) * scaleFactor) as the VIX-on-MNQ line. • Adds a last-bar label with the current VIX value and a small info panel (VIX, % change, scaled level). Inputs • VIX Symbol: VIX, CBOE:VIX, or TVC:VIX (pick the one that matches your data feed). • VIX Line Color: color of the overlay line. • Invert VIX: flip the sign to reflect inverse correlation with MNQ. • Scale Factor (default 0.05): tune how much of the VIX move is mapped onto MNQ points. Why it’s useful • Surfaces volatility-led divergences: when MNQ’s path disagrees with VIX’s risk signal. • Helps confirm/fade breakouts and pullbacks during volatility expansions/compressions. • Provides a quick, visual “volatility baseline” directly on the MNQ chart without juggling two panes. Notes & limitations • This is a percent-rebased overlay, not a hedge ratio, fair value, or spread model. • It anchors to the current day’s open; session/timezone settings and your VIX symbol choice (CBOE:VIX vs TVC:VIX) can affect exact prints. • The scale factor is intentionally manual—adjust until the overlay’s swings are visually informative for your setup. Disclaimer For educational use only. Not financial advice. Always manage risk.
Pine Script® indicator
by rshsieh
ES on MNQES on MNQ — ES percent-move overlay on the MNQ price scale Overview This indicator projects the ES’s intraday percent change since session open onto the MNQ price scale. At the session start (18:00 global chart time), it stores the ES open and the MNQ open, tracks ES’s percentage move from that anchor, and applies the same percent move to the MNQ open. The result is a single line that behaves like ES but is plotted in MNQ points—useful for spotting convergence/divergence, failed breaks, and mean-reversion setups between ES and MNQ. How it works 1. Detects session open (18:00 on your chart). 2. Saves ES_open and MNQ_open. 3. Computes pct = (ES_close - ES_open) / ES_open. 4. Plots MNQ_open * (1 + pct) as the ES-on-MNQ line. A label on the last bar shows the current ES value for quick reference. Inputs • ES Symbol: default ES1! (change if you use a different continuous). • Line Color: color of the overlaid ES-on-MNQ line. Works best on intraday timeframes and when your chart’s session aligns with ES. Why it’s useful • Highlights divergences (MNQ decoupling from ES baseline). • Aids confirmation on pullbacks/breakouts when MNQ’s move disagrees with the ES-based projection. • Helps risk control by flagging stretches likely to revert toward the ES-anchored path. Notes & limitations • This is a percent-rebasing overlay, not a hedge ratio, fair value, or spread model. • Session/timezone settings matter; if your feed doesn’t print exactly at 18:00 on a higher timeframe, use a smaller TF or adjust session settings. • Minor differences between ES (full) and MNQ (micro) and data latency can create small offsets. Disclaimer For educational use only. Not financial advice. Use proper risk management.
Pine Script® indicator
by rshsieh
Multi-Layer Pin Zone AnalyzerAnalyzes LOW (bottom wicks) and HIGH (top wicks) to detect repeated touches within a defined tolerance. Clusters nearby pin levels and, when the number of touches exceeds a threshold, draws infinite horizontal rectangles (zones) to highlight key areas. LOW (teal): Support zones HIGH (red): Resistance zones COMBINED (orange): Mixed zones using both highs and lows Each type has independent settings for tolerance (%), minimum touches, and maximum zones. Automatically visualizes strong support, resistance, and consolidation areas across the chart.
Pine Script® indicator
by herkmen_mobile