TTM Squeeze MTF DashboardThis indicator is a multi-timeframe (MTF) powerhouse for spotting breakout trades: It blends TTM Squeeze volatility, momentum oscillator (MOM), EMA trend stacks, MACD histogram expansion, and a "Green Count" (GC) tracker for post-squeeze timing. Perfect for day traders hunting confluence across TFs (e.g., 5m/15m/1H) to enter longs on lower timeframes (LTF) when signals align bullish.1. Quick OverviewCore Features:Dashboard Table: Real-time status for 3 user-defined TFs (defaults: 5m, 15m, 1H).
Rows: MOM (momentum), EMA (trend stack), MACD (histogram expansion), SQZ (volatility), GC (breakout counter), + optional GC MOM.
Plots: MOM histogram + GC line below price for visual confirmation.
Alerts: Triggers on full bullish/bearish alignment (positive/negative MOM + EMA stack + GC ≤3).
Edge: Filters noise with MTF alignment—wait for the table to "light up" (2+ TFs green/aqua) for high-conviction entries.
Best Use: Liquid markets (stocks, forex, crypto). Chart on LTF (e.g., 5m) for entries, use HTF for bias.
2. Installation & AccessOpen TradingView > Load a chart (e.g., AAPL on 5m).
Click Indicators (top toolbar) > Search "TTM Squeeze MTF Dashboard".
Add to chart—table appears top-right (customizable).
Pro Tip: Pin to favorites for quick access. Save chart layouts to preserve settings.
If editing: Right-click indicator > "Edit Pine Script" (open-source code available).3. Customizing SettingsGear icon (next to indicator name) > Adjust groups:Multi-Timeframe SettingsTF1/2/3: Set your scales (e.g., 1m/5m/15m for scalps; 15m/1H/4H for swings).
EMA SettingsLengths: 8/21/55/200 (Fib-tuned for trend).
Colors: Green (bull stack), Red (bear), Gray (neutral).
MACD SettingsLengths: 12/26/9 (standard).
Colors: Green (up-expansion: bull building), Red (down: bear building), Gray (retracting: pause).
Table Colors & DisplayGC Colors: Customize highlights for low GC + momentum.
Histogram Color: MOM shades (aqua/blue positive; red/yellow negative).
Squeeze Dot Color: Green (no squeeze), Black (low), Red/Orange (compression).
Toggles: Show/hide rows (e.g., disable SQZ for cleaner view).
Position/Size: Top-right default; tweak text color/size.
OtherSqueeze Length: 20 (BB/KC base).
Multipliers: BB=2.0, KC=1.0/1.5/2.0 (vol bands).
Hit OK—updates live. Defaults work great out-of-box.4. Reading the Table5 columns: Label | TF1 | TF2 | TF3 | Spacer.
Colors = signals; text = TF labels or GC numbers. Default order: MOM > EMA > MACD > SQZ > GC MOM > GC.Row
Purpose
Bullish (Green/Aqua)
Bearish (Red/Yellow)
Neutral (Gray)
MOM
Momentum flow.
Aqua (rising positive: strong bull).
Blue (falling positive: bull slowing).
Red (rising negative: bear easing).
Yellow (falling negative: deep bear).
N/A.
EMA
Trend stack (short > long EMAs).
Green: Ascending (with trend).
Red: Descending (against).
Mixed.
MACD
Histogram expansion.
Green: Positive & growing (momentum surge).
Red: Negative & shrinking (bear surge).
Flat/retracting (avoid).
SQZ
Volatility compression.
Green: No squeeze (expanding).
Black: Low (mild coil).
N/A.
Red: Medium.
Orange: High (wait).
GC MOM (Opt.)
GC ≤3 + positive MOM.
Aqua/Blue: Entry sweet spot.
N/A.
No match.
GC
Bars since last red squeeze.
MOM color if ≤3 (breakout now!). Text: Count (e.g., "2").
N/A.
>3 (wait).
Bullish Light-Up: 2+ TFs green/aqua on MOM/EMA/MACD + SQZ green/black + GC ≤3 = Long setup.5. Chart PlotsMOM Histogram: Colored bars (aqua = buy pressure)—confirms table.
GC Line: Purple, rising from 0—≤3 signals volatility release.
6. Alerts SetupRight-click chart > Add Alert > Select indicator.
Pick: "Bullish Alignment TF1" (e.g., for 5m).
Message: "Long {{ticker}}—MOM+/EMA Up/GC≤3 on TF1!"
Once Per Bar to avoid noise.
Bullish: Positive MOM + up EMA + low GC (long entry).
Bearish: Negative MOM + down EMA + low GC (short).
7. Trading FrameworkBias Check: HTF EMA green + SQZ release.
Confluence: Table aligns bullish (alert fires).
LTF Entry: On 5m, buy close above EMA8 (or dip to it). SL below swing low (1-2% risk).
Manage: Trail on MACD gray or GC reset. TP: 1.5-2:1 RR.
Avoid: Choppy news; <2 TF alignment.
Example: Alert on TF2 (15m). Switch to 5m: MOM aqua, price bounces EMA—long.Backtest Tip: Convert to strategy script for stats (55-65% win rate on aligns).
Indicators and strategies
Stoch PRO + Dynamic EMA (EMA cross)Stoch PRO + Dynamic EMA Documentation
Overview:
- Pine Script v6 overlay indicator combining a trend-colored EMA with a Stochastic oscillator to highlight midline momentum shifts.
- Designed for TradingView charts (Indicators → Import) as a visual aid for timing entries within trend-following setups.
- Crafted and optimized around BTCUSDT on the 4h timeframe; adapt inputs before applying to other markets or intervals.
Inputs:
- EMA Length (default 50): smoothing window for the dynamic EMA; lower values respond faster but whipsaw more.
- Stochastic K Length (20): lookback for the raw %K calculation.
- Stochastic K Smoothing (3): SMA applied to %K to reduce noise.
- Stochastic D Smoothing (3): SMA over %K to produce the companion %D line.
Visual Elements:
- EMA plotted on price with linewidth 3; teal when close > EMA, fuchsia otherwise.
- Background tinted teal/fuchsia at high transparency (≈92) to reinforce the current trend bias without obscuring price bars.
Oscillator Logic:
- %K = ta.stoch(high, low, close, kLength); smoothed with ta.sma(kRaw, kSmooth).
- %D = ta.sma(k, dSmooth).
- Focus is on the midline (50) rather than traditional 20/80 extremes to emphasize rapid momentum flips.
Signals:
- Buy: %K crossing above 50 while close > EMA (teal state). Plots tiny teal circle below the bar.
- Sell: %K crossing below 50 while close < EMA (fuchsia state). Plots tiny purple circle above the bar.
Trading Workflow Tips:
- Use EMA/background color for directional bias, then confirm with %K 50-cross to refine entries.
- Consider higher-timeframe trend filters or price-action confirmation to avoid range chop.
- Stops often sit just beyond the EMA; adjust thresholds (e.g., 55/45) if too many false positives occur.
- Always plan risk/reward upfront—define TP/SL levels that fit your strategy and backtest them thoroughly before trading live.
Alerts & Extensions:
- Wrap crossUp/crossDown in alertcondition() if TradingView alerts are needed.
- For automation/backtesting, convert logic to a strategy() script or add position management rules.
Rotating Messages (Rules or Motivational)This lightweight utility indicator allows you to display rotating custom text messages directly on your TradingView chart — perfect for reminders, trading rules, motivational quotes, or session notes.
You can define multiple messages separated by semicolons (;) or new lines, and the indicator will automatically cycle through them based on time or bar count. Ideal for traders who want visual cues without cluttering the chart.
⚙️ Main Features
⏱ Time-based or bar-based rotation — switch messages every X seconds (real-time) or X bars (historical/backtest mode).
📍 Flexible positioning — choose between Top Right, Bottom Right, or Bottom Center.
📏 Vertical offset — move text up or down for perfect placement on your chart.
🎨 Custom styling — set text color, background color, border visibility, and text size.
✍️ Simple message input — enter your rules or quotes in a text box with support for multi-line messages.
ROC + dROC + d2ROC (with z-scores & percentiles)This indicator measures how price momentum is changing — not just whether it’s rising or falling, but how quickly that change itself is accelerating or slowing. It starts with the Rate of Change (ROC), which shows how much price has moved over a set period. The first derivative (ΔROC) tracks how ROC is changing from bar to bar, and the second derivative (Δ²ROC) shows whether that change is speeding up or fading — essentially the “acceleration” of momentum. Positive Δ²ROC means momentum is strengthening; negative means it’s weakening. The script also quantifies how extreme those shifts are using z-scores and percentiles, helping spot Druckenmiller-style turning points where trends often begin or end.
Precision NasdaqPrecision NASDAQ Levels — Open-Source Support & Resistance Indicator
This open-source Support and Resistance Indicator helps traders plot key price levels where the market may reverse or consolidate. By plotting support and resistance zones based on historical price action, it provides clear visual cues for potential entry and exit points across various timeframes.
Features:
Customizable Settings: Adjust visual styles, label positions, and toggle level labels to suit your trading strategy.
Multi-Timeframe Support: Plot Monthly, Weekly, Daily, and Daily Range levels for broader market context.
Streamlined String Input: Input structure follows this order:
Code
Red, Red, Pink, Pink, Red, Red, Daily Range, Daily Range, Weekly, Weekly, Monthly, Monthly
Semi-Automatic NQ/QQQ Conversion: Manually input daily NQ spread or QQQ calculation to adjust NASDAQ levels. Note: Levels cannot be dragged when NQ/QQQ conversion is active. Uncheck conversion boxes to enable dragging.
How It Works
Apply the indicator to your chart.
Enter values for each support and resistance level.
Drag and adjust levels directly on the chart.
Use plotted zones to identify potential reversals, breakouts, or stop-loss placements.
Combine with other tools (e.g., trendlines or oscillators) for confirmation.
🧠 Quantum Regime Shift Detector v2.1🧠 Quantum Regime Shift Detector v2.1
This tool identifies market phase transitions — when conditions shift between stable and volatile regimes.
It blends volatility, trend strength, momentum, and volume dynamics to compute a Quantum Shift Score that highlights regime changes in real time.
🟩 Green = Stable Regime (calm, trending markets)
🟥 Red = Transition Regime (volatility spikes or reversals)
🟨 Yellow = Uncertain Zone
The histogram tracks regime states, while alerts trigger automatically when the market enters a new phase.
Use it to anticipate major shifts before price confirms them.
(Tip: pair with your favorite trend or volume indicator for confirmation.)
SamRSIIts multiple timeframe RSI indicator
Second RSI indicator can be enabled or disabled up on the necessity
Second RSI indicator has the ability to set to a different timeframe
Perfect for all types of trade (Intraday, Positional, Short term and Long term)
Nifty Futures Momentum ScalperNifty Futures Momentum Scalper
Backtesting
VPA , RSI, momentum trades with EMA crossover
Multi MA SystemMulti-timeframe moving average indicator with 6 customizable MAs.
Each MA supports 7 types (SMA/EMA/WMA/DEMA/TEMA/HMA/ZLEMA), custom periods, timeframes, colors, and line styles.
Perfect for multi-timeframe analysis and trend identification.
RSI ValdeXEste indicador es una version del "Heikin Ashi RSI Oscillator" se han modificado los parametros originales para que solo se observe la linea RSI. El creador original es JayRogers.
--------------------
This indicator is a modified version of the "Heikin Ashi RSI Oscillator," with the original parameters displayed only on the RSI line. The original creator is JayRogers.
Multi-Reversal + MA50/200 + MACD + BJ (Tilson) Combo//@version=5
indicator(title="Multi-Reversal + MA50/200 + MACD + BJ (Tilson) Combo", overlay=true)
// --- Moving Averages (MA50, MA200) ---
ma_50 = ta.sma(close, 50)
ma_200 = ta.sma(close, 200)
plot(ma_50, color=color.blue, linewidth=1, title="MA50")
plot(ma_200, color=color.red, linewidth=2, title="MA200")
// --- MACD ---
fast_length = input(12, title="MACD Fast")
slow_length = input(26, title="MACD Slow")
signal_length = input(9, title="MACD Signal")
= ta.macd(close, fast_length, slow_length, signal_length)
macd_cross_up = ta.crossover(macdLine, signalLine)
macd_cross_down = ta.crossunder(macdLine, signalLine)
// --- Tilson MA (BJ reversal) ---
tilson_length = input(20, title="Tilson MA Length (BJ reversal)")
tilson_ma = ta.ema(ta.ema(close, tilson_length), tilson_length)
bj_cross_up = close > tilson_ma and close < tilson_ma
bj_cross_down = close < tilson_ma and close > tilson_ma
plot(tilson_ma, color=color.orange, linewidth=2, title="Tilson MA (BJ reversal)")
// --- Đảo chiều tổng hợp ---
bull_reversal = macd_cross_up and bj_cross_up and close > ma_50 and close > ma_200
bear_reversal = macd_cross_down and bj_cross_down and close < ma_50 and close < ma_200
// --- Plot tín hiệu trên chart ---
plotshape(bull_reversal, location=location.belowbar, style=shape.triangleup, size=size.large, color=color.lime, title="Bullish Reversal", text="STRONG UP")
plotshape(bear_reversal, location=location.abovebar, style=shape.triangledown, size=size.large, color=color.red, title="Bearish Reversal", text="STRONG DN")
// --- BJ riêng lẻ ---
plotshape(bj_cross_up, location=location.belowbar, color=color.yellow, style=shape.circle, size=size.tiny, title="BJ Up Only")
plotshape(bj_cross_down, location=location.abovebar, color=color.yellow, style=shape.circle, size=size.tiny, title="BJ Down Only")
// --- Alert conditions ---
alertcondition(bull_reversal, title="Bullish Strong Reversal", message="Buy opportunity: MA bullish + MACD + BJ reversal!")
alertcondition(bear_reversal, title="Bearish Strong Reversal", message="Sell warning: MA bearish + MACD + BJ reversal!")
tradingview_momentum_Hull-Suite-W-FVSO-NO-WeekendMomentum no weekend trades. It uses FVZO and Hull suite.
This strategy has low win rate but successfully catches trends. Works well on ETH in High Time Frame multi-year.
Victoria Smart Overlay – EMA1/SMA3/SMA1Core Components:
EMA 1 (Micro): fastest trend trigger
SMA 3 (Short): trend confirmation
SMA 1 (Base): structure guide
Conditions and Actions:
EMA1 crosses above SMA3 → Uptrend starting → Consider Calls / Long
EMA1 crosses below SMA3 → Downtrend starting → Consider Puts / Short
Price hugging SMA1 → Neutral zone → Wait for breakout
Background Green → Confirmed Uptrend → Stay long or scalp Calls
Background Red → Confirmed Downtrend → Stay short or scalp Puts
Micro EMA + Heikin Ashi (Refined Swing Map)
Purpose: Filters fake moves and identifies strong momentum runs.
Use on 5m / 15m charts for intraday clarity.
Signals and Actions:
EMA1 > EMA3 > EMA5 → Micro-uptrend forming → Enter / hold Calls
EMA1 < EMA3 < EMA5 → Micro-downtrend forming → Enter / hold Puts
EMA lines tangled → No conviction → Wait
200-Day SMA rising → Macro bullish → Favor long trades
200-Day SMA falling → Macro bearish → Favor shorts
cPOC 2 DayIt’s perfect for your 2-Day cPOC since:
It derives from volume distribution data.
It highlights market structure, value area, and composite volume behavior.
Traders searching for “cPOC,” “volume profile,” or “market profile” will find it here.
Use this if your indicator’s main function is showing POCs, VAH/VAL, or composite volume balance zones.
If your cPOC script is part of a broader system:
Trend Analysis — if it’s used for directional bias and context with VWAP/EMAs.
Support/Resistance — if the tool primarily highlights POC/VAH/VAL as static levels to trade from.
Other — only if your indicator mixes data from multiple frameworks (e.g., combines orderflow, delta, VWAP, and TPO).
RSI Divergence 1-20 Candlesthis is a rsi divergence indicator used to mark divergence on the candle for knowing the trend
EMA 20/50/100/200 Trader IkkaEMA 20/50/100/200 📊 + Crossover Alerts 🔔 Trader Ikka
This indicator plots four key Exponential Moving Averages (EMA 20, 50, 100, and 200) to help identify trends.
It also detects and marks bullish 🟢 and bearish 🔴 crossovers between the EMA 20 and EMA 50, signaling potential trend reversals or continuations.
✨ Features:
📊 Plots EMA 20, 50, 100, and 200 with color-coded lines
🟢🔴 Highlights bullish and bearish crossovers between EMA 20 & EMA 50
🔔 Built-in alert conditions for automated notifications
⚡ Useful for identifying momentum shifts and entry/exit zones
ATR/ADX Trend Table - Compact & Positionable (Fixed init)Table to determine qualified ATR & ADX DI for follow trend entry
Inter-symmetric Forecast (ISF)Concept:
The Inter-Symmetric Forecast (ISF) is a physics-inspired price projection tool that visualizes both trend-continuation and mean-reversion scenarios in one dynamic structure. It extends the classic ADAM Projection by introducing a regime-sensitive weighting based on the Market Reynolds Number (Reₘ), a dimensionless ratio of market momentum × liquidity to volatility-derived “viscosity.”
Mechanism:
ISF mirrors past price action around the current close (the continuation path) while also forward-pasting the same pattern unreflected (the anti-trend path). It then blends these paths bar-by-bar using time-reflected Reₘ values — meaning the liquidity-momentum regime of each past segment determines how much its future mirror leans toward continuation or reversion.
Interpretation:
High Reₘ → strong inertia/liquidity, favors trend continuation.
Low Reₘ → high friction/volatility, favors mean reversion.
The yellow blended forecast shows the regime-weighted midpoint between both outcomes.
Use:
ISF offers traders a visual probability corridor rather than a fixed prediction — illustrating how far a move might extend if momentum persists, or fade if conditions become viscous. It’s best used as a contextual forecasting overlay for discretionary or systematic analysis.
RSI Heatmap (≤35 Highlight)Highlights when RSI is less than or equal to 35 which can signal a potential reversal soon.
Fat Tony's Composite Momentum + ROC (v0.4)Fat Tony's Composite Momentum + ROC Indicator
Overview
Fat Tony's Composite Momentum + ROC is a sophisticated momentum oscillator that combines multiple technical indicators into a single, volume-weighted signal. This indicator helps traders identify overbought/oversold conditions and potential reversal points by synthesizing Williams %R, Stochastic, MACD, and Rate of Change (ROC) into one composite reading.
Key Features
Multi-Indicator Composite: Combines Williams %R, Stochastic %K, MACD Histogram, and ROC for a comprehensive momentum view
Volume Weighting: Optional volume-based amplification to filter out low-conviction moves
Volume Filter: Requires minimum volume threshold (last 2 bars combined) before triggering signals
Adaptive MACD Scaling: Uses tanh normalization to keep MACD contribution proportional regardless of price volatility
Clear Visual Signals: Triangle markers appear only when crossing extreme levels with sufficient volume
Customizable Thresholds: Adjust overbought/oversold levels, volume sensitivity, and component lengths
How It Works
The indicator normalizes each component to a ±50 scale, then averages them together. The composite reading oscillates around zero, with positive values indicating bullish momentum and negative values indicating bearish momentum.
Signal Generation:
🟢 Rebound Watch (Green Triangle): Fires when the composite crosses UP through the oversold level with adequate volume
🔴 Fade Watch (Red Triangle): Fires when the composite crosses DOWN through the overbought level with adequate volume
Customizing Settings
After adding to your chart, click the gear icon next to the indicator name to access settings:
Length: Base period for Williams %R and Stochastic (default: 14)
MACD Fast/Slow/Signal: Standard MACD parameters (default: 12/26/9)
Overbought/Oversold Levels: Threshold values for signals (default: ±100)
Use Volume Weighting: Toggle volume amplification on/off
Volume Sensitivity: Multiplier for volume weighting (default: 1.5)
Include ROC: Toggle Rate of Change component on/off
ROC Length: Lookback period for ROC calculation (default: 10)
Minimum Volume: Required volume (sum of last 2 bars) for signals to trigger (default: 50,000)
Usage Tips
Works best on liquid instruments with consistent volume
Lower timeframes (5m-15m) benefit from higher minimum volume settings
Volume weighting helps filter out noise during consolidation periods
Watch for signal triangles at key support/resistance levels for highest probability setups
The indicator works as a momentum gauge and reversal spotter - not an entry system by itself
Alerts
The indicator includes built-in alert conditions:
Click the "⏰" (alarm clock) icon on your chart
Select "Fat Tony's Composite Momentum + ROC"
Choose "Rebound Watch" or "Fade Watch"
Configure your notification preferences
Candle Body RatioThis indicator is designed to calculate the percentage of the upper wick, the body, and the lower wick of the candle over which your cursor is positioned.
Quantura - Average Intraday Candle VolumeIntroduction
“Quantura – Average Intraday Candle Volume” is a quantitative visualization tool that calculates and displays the average traded volume for each intraday time position based on a user-defined historical lookback period. It allows traders to analyze recurring intraday volume patterns, identify high-activity sessions, and detect liquidity shifts throughout the trading day.
Originality & Value
This indicator goes beyond standard volume averages by normalizing and aligning volume data according to the time of day. Instead of simply smoothing recent bars, it builds an intraday volume profile based on historical daily averages, enabling users to understand when during the day volume typically peaks or drops.
Its originality and usefulness come from:
Converting standard volume data into time-aligned intraday averages.
Visualization of historical intraday liquidity behavior, not just total daily volume.
Dynamic scaling using normalization and transparency to emphasize active and quiet periods.
Optional day-separator lines for precise intraday structure recognition.
Gradient-based coloring for better visual interpretation of volume intensity.
Functionality & Core Logic
The indicator divides each day into discrete intraday time positions (based on chart timeframe).
For each position, it stores and updates historical volume values across the selected number of days.
It calculates an average volume per time position by aggregating all stored values and dividing them by the number of valid days.
The result is plotted as a continuous histogram showing typical intraday volume distribution.
The bar colors and transparency dynamically reflect the relative intensity of volume at each point in the day.
Parameters & Customization
Number of Days for Averaging: Defines how many past days are included in the volume average calculation (default: 365).
UTC Offset: Allows synchronization of intraday cycles with local or exchange time zones.
Base Color: Sets the main color for plotted volume columns.
Color Mode: Choose between “Gradient” (transparency dynamically adjusts by intensity) or “Normal” (fixed opacity).
Day Line: Toggles dashed vertical lines marking the start of each trading day.
Visualization & Display
Volume is plotted as a series of histogram bars, each representing the average volume for a specific intraday time position.
A gradient color mode enhances readability by fading lower-intensity areas and highlighting high-volume regions.
Optional day-separator lines visually segment historical sessions for easy reference.
Works seamlessly across all chart timeframes that divide the 24-hour day into regular bar intervals.
Use Cases
Identify when trading activity typically peaks (e.g., session opens, news windows, or overlapping markets).
Compare current intraday volume to historical averages for early anomaly detection.
Enhance algorithmic or discretionary strategies that depend on volume-timing alignment.
Combine with volatility or price structure indicators to confirm market activity zones.
Evaluate session consistency across different time zones using the UTC offset parameter.
Limitations & Recommendations
The indicator requires intraday data (below 1D resolution) to function properly.
Volume behavior may vary across brokers and assets; adjust averaging period accordingly.
Does not predict price movement — it provides volume-based context for analysis.
Works best when combined with structure or momentum-based indicators.
Markets & Timeframes
Compatible with all intraday markets — including crypto, Forex, equities, and futures — and all intraday timeframes (from 1 minute to 4 hours). It is particularly valuable for analyzing assets with continuous 24-hour trading activity.
Author & Access
Developed 100% by Quantura. Published as a Open-source script indicator. Access is free.
Important
This description complies with TradingView’s Script Publishing and House Rules. It provides a clear explanation of the indicator’s originality, logic, and purpose, without any unrealistic performance or predictive claims.
26 EMA Reversal LogicThis indicator identifies two distinct price behaviours on the daily charts of SPY, SPX, QQQ, or IXIC, using the 26-period EMA as a reference. It plots one signal per downtrend — either a yellow circle (bearish continuation) or a green circle (bullish reversal) — and locks further signals until price closes above the 26 EMA.
The yellow circles are when we close below the 26-day EMA and the next day we make a lower low.
The green circles are when we close below the 26-day EMA and the next day we actually open higher and that low is never revisited.
Symbol Restriction
Only works on: SPY, SPX, QQQ, IXIC
On any other symbol, the script will display an error and stop.
Timeframe Restriction
DAILY chart only — will show an error on any other timeframe.
Core Logic: Two-Candle Pattern Detection
Both signals start with the same Day 1 condition:
Day 1: The candle closes below the 26 EMA
From there, Day 2 determines the signal:
Yellow Circle (Bearish Continuation)
Plotted BELOW the Day 2 candle
Conditions:
Day 1 closed below the 26 EMA
Day 2 makes a lower low than Day 1’s low → low < low Interpretation:
Price is weakening — pushing to new lows below the EMA.
Confirms downward momentum.
Green Circle (Bullish Reversal / Failed Breakdown)
Plotted ABOVE the Day 2 candle
Conditions:
Day 1 closed below the 26 EMA
Day 2 opens higher than Day 1’s close → open > close
Day 2’s low never revisits Day 1’s low → low >= low Interpretation:
Buyers defend the prior low with a higher open — classic false breakdown.
Suggests a potential reversal higher.
One Signal Per Downtrend (Lock & Reset)
After either a yellow or green circle is plotted, no more circles appear
Prevents clutter — focuses on first meaningful reaction
Reset Rule:
Lock is released only when price closes above the 26 EMA
Best Used On
Daily timeframe
SPY, SPX, QQQ, IXIC only
With trend, volume, or broader market context
