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Indicators and strategies

200 EMA and MACD Arrow Indicator with HTF FilterThe "200 EMA and MACD Arrow Indicator with Higher Time Frame (HTF) Filter" is designed to provide trading signals for better trend alignment and reduce choppy market noise by using both current and higher timeframe indicators. This script incorporates the following features: EMA 200 Trend Indicator: Calculates the 200-period Exponential Moving Average (EMA) to identify the current trend direction on the chart timeframe. The EMA changes color dynamically: Green for a strong uptrend. Red for a strong downtrend. Gray for neutral or choppy markets. Higher Time Frame (HTF) Trend Filter: Utilizes a higher timeframe (currently set to 1 hour) to verify the direction of the larger trend using the same logic as the 200 EMA. The background color of the chart changes based on the HTF trend: Light Green indicates an uptrend. Light Red indicates a downtrend. Light Gray indicates a choppy or neutral market. MACD Crossover Signals: The script uses the MACD (Moving Average Convergence Divergence) with a standard setting (12, 26, 9) to generate buy and sell signals. Buy Signal: Occurs when: The price is above the 200 EMA. MACD crosses above the signal line while below zero. The HTF trend is aligned (uptrend). The lower timeframe EMA is green. Sell Signal: Occurs when: The price is below the 200 EMA. MACD crosses below the signal line while above zero. The HTF trend is aligned (downtrend). The lower timeframe EMA is red. Visual Signals on Chart: When all conditions are met for a buy or sell, an arrow is plotted on the chart: Green Arrow (Buy Signal): Plotted above the candle when the buy condition is met. Red Arrow (Sell Signal): Plotted below the candle when the sell condition is met.
Pine Script™ indicator
by Kradimir
Volume Based Price Prediction [EdgeTerminal]This indicator combines price action, volume analysis, and trend prediction to forecast potential future price movements. The indicator creates a dynamic prediction zone with confidence bands, helping you visualize possible price trajectories based on current market conditions. Key Features Dynamic price prediction based on volume-weighted trend analysis Confidence bands showing potential price ranges Volume-based candle coloring for enhanced market insight VWAP and Moving Average overlay Customizable prediction parameters Real-time updates with each new bar Technical Components: Volume-Price Correlation: The indicator analyzes the relationship between price movements and volume, Identifies stronger trends through volume confirmation and uses Volume-Weighted Average Price (VWAP) for price equilibrium Trend Strength Analysis: Calculates trend direction using exponential moving averages, weights trend strength by relative volume and incorporates momentum for improved accuracy Prediction Algorithm: combines current price, trend, and volume metrics, projects future price levels using weighted factors and generates confidence bands based on price volatility Customizable Parameters: Moving Average Length: Controls the smoothing period for calculations Volume Weight Factor: Adjusts how much volume influences predictions Prediction Periods: Number of bars to project into the future Confidence Band Width: Controls the width of prediction bands How to use it: Look for strong volume confirmation with green candles, watch for prediction line slope changes, use confidence bands to gauge potential volatility and compare predictions with key support/resistance levels Some useful tips: Start with default settings and adjust gradually Use wider confidence bands in volatile markets Consider prediction lines as zones rather than exact levels Best applications of this indicator: Trend continuation probability assessment Potential reversal point identification Risk management through confidence bands Volume-based trend confirmation
Pine Script™ indicator
by EdgeTerminal
Blue Sniper Binary Options Alerts**Description:** The *Blue Sniper Strategy* is a trend-following trading script designed to help traders identify and act on high-confidence trade entries in trending markets. By combining the 50 and 200 Exponential Moving Averages (EMAs) with a custom configuration of UT Bot alerts, this script provides a structured approach to trend detection and precise entry timing. The strategy uses multiple layers of analysis to filter out false signals and aim for trades aligned with the prevailing market direction. **Underlying Methodology and Concept:** The *Blue Sniper Strategy* is specifically designed for markets with clear directional trends. To achieve this, it uses a two-part methodology: **trend filtering** through EMAs and **entry precision** through UT Bot alerts. 1. **EMA-Based Trend Filtering** - The 50 and 200 EMAs are used as dynamic indicators of trend direction. The 50 EMA, being shorter-term, captures recent price movements, while the 200 EMA reflects longer-term market sentiment. - Together, these EMAs establish a directional filter: - When the 50 EMA is above the 200 EMA, it signals an uptrend. - When the 50 EMA is below the 200 EMA, it signals a downtrend. - This alignment helps the strategy confirm trend direction, avoiding entries in weak or choppy trends. Only when the price and EMAs confirm a strong trend does the strategy trigger signals. 2. **UT Bot Alert Precision** - The UT Bot alerts are configured to detect price action within the established trend, identifying entry points based on momentum. The alerts monitor price for moments when it aligns with the trend’s direction and shows signs of continuation, helping to avoid entry during consolidation or excessive volatility. - These alerts offer a “second layer” of confirmation, so only setups that satisfy both the EMA trend filter and UT Bot momentum criteria will generate signals, reducing the likelihood of false or poorly timed entries. **Key Features and Benefits:** 1. **Trend-Focused Structure** - This strategy is optimized for trending markets. By filtering for strong trends using EMAs, it reduces entry signals during range-bound or erratic conditions. It’s particularly suitable for assets like Forex pairs and other volatile markets where trends are often more pronounced. 2. **Precision Alerts for Entries** - The UT Bot alerts are fine-tuned for entry precision within the trend. By scanning for momentum-driven price levels, they aim to provide timely entries in alignment with the larger trend. The alerts avoid periods of low volatility or extreme price swings, instead focusing on “sweet spots” where momentum is most likely to follow through. 3. **Versatility in Application** - While initially designed for Forex pairs, the *Blue Sniper Strategy* adapts well to various markets, including commodities, indices, and crypto. It is also suitable for multiple trading styles: - **Scalping**: The quick responsiveness of the UT Bot makes it practical for short-term trades within a trend. - **Day Trading and Swing Trading**: The trend confirmation from the 50 and 200 EMAs supports longer-term entries in established trends. **How to Use the *Blue Sniper Strategy*:** 1. **Assess Market Conditions Beforehand** - This strategy is ideal for trending markets. Start by analyzing whether the asset is currently trending, as the script is not optimized for range-bound or highly volatile environments. Checking market structure beforehand helps ensure more reliable signals. 2. **Trend Confirmation with EMAs** - Ensure alignment with the EMAs before considering an alert: - **For Buy Signals**: Price should be above both the 50 and 200 EMAs, with the 50 EMA above the 200 EMA. This indicates a solid uptrend. - **For Sell Signals**: Price should be below both EMAs, with the 50 EMA below the 200 EMA, confirming a downtrend. - These conditions provide a foundational trend direction, reinforcing that any subsequent alert from the UT Bot aligns with a larger trend movement. 3. **Follow Alerts Mindfully** - Each alert signals an optimal entry point within the trend, but traders should validate it with overall trend analysis and market conditions. The strategy is designed to highlight high-probability entries, but success will vary with changing market dynamics. Alerts are best used as guidance rather than guarantees. **Realistic Expectations:** While this strategy is structured to filter for high-confidence trade setups, it does not guarantee any specific win rate or future performance. Market conditions vary, and like any trading approach, results will depend on broader market factors, trader discretion, and effective risk management. This script does not claim to have a predetermined success rate but aims to improve decision-making by focusing on trends and precise entries. **Originality and Unique Value:** The *Blue Sniper Strategy* brings together trend and momentum indicators in a layered, cohesive approach rather than a simple indicator mashup. Each component—EMA trend filtering and UT Bot momentum alerts—serves a distinct purpose, working together to provide reliable signals in trending markets. The script is designed to streamline complex analysis, making it accessible for traders with varying levels of experience, especially those less familiar with Pine Script. This strategy focuses on offering traders a structured approach that enhances trend and momentum alignment, making it a useful tool for precise, trend-following trades.
Pine Script™ indicator
by bluechipsacademy
BB + SMA120Custom Bollinger Band with SMA Alert Indicator This script is a customized Bollinger Band indicator with added alerts based on specific conditions related to a 120-period Simple Moving Average (SMA). This indicator is designed for traders who want to receive alerts when certain interactions occur between the Bollinger Bands and the SMA levels, providing potentially valuable signals in trend-following or mean-reversion strategies. Key Features: Bollinger Bands Calculation: The script calculates a standard 25-period Bollinger Band using a customizable standard deviation. The bands consist of an upper, middle (basis), and lower line, allowing traders to observe volatility and potential support/resistance levels. 120 SMA High and Low Levels: A 120-period SMA of high and low prices is added to the chart, providing a reference for longer-term trend direction and creating a range within which the Bollinger Bands can be evaluated. Conditional Alerts: Scenario 1: An alert is triggered when the Bollinger Bands remain above the 120 SMA high and low, and the price taps the lower Bollinger Band. This can be useful for spotting potential buy entries in an uptrend when prices retrace to the lower band. Scenario 2: An alert is triggered when the Bollinger Bands remain below the 120 SMA high and low, and the price taps the upper Bollinger Band. This may help identify potential sell entries in a downtrend when prices retrace to the upper band. Visual Aids: The 120 SMA high and low lines are plotted on the chart with color fills, making it easy to visualize the trend and range boundaries. Color-coded Bollinger Bands help highlight potential areas of interest based on volatility. How to Use: Add this indicator to your chart, configure the Bollinger Band length, and set your alert preferences. Alerts can be managed through TradingView's alert panel, where you can select the scenarios based on price interaction with the bands. Recommended Use: This indicator can be helpful for price action traders and mean-reversion strategies in Forex, stocks, and other markets where Bollinger Bands and moving averages are used. Alerts may provide early signals for potential trade setups, although further confirmation and analysis are advised before entry.
Pine Script™ indicator
by Bear_Bull_FX
RSI with Short and Long EMAIntroduction This indicator overlays two Exponential Moving Averages (EMAs) directly onto the Relative Strength Index (RSI) to help traders identify momentum changes and potential trend shifts. The RSI (Relative Strength Index) is a popular momentum oscillator that measures the speed and change of price movements, generally used to spot overbought and oversold levels. Adding EMAs on top of the RSI can provide additional insight into RSI trends, smoothing out fluctuations and helping to identify crossovers that indicate potential buy or sell signals. In this indicator: Short EMA (default 20-period) is plotted on the RSI to track shorter-term momentum shifts within the RSI. Long EMA (default 50-period) is used to track longer-term momentum within the RSI, providing a comparison for the shorter EMA. How to Use RSI Momentum: The RSI itself, plotted as a blue line, moves between 0 and 100, with 70 and 30 commonly representing overbought and oversold levels. When RSI is above 70, it signals potential overbought conditions, while below 30 signals oversold conditions. Crossovers: Bullish Signal: When the Short EMA (green line) crosses above the Long EMA (red line), it suggests increasing momentum and may signal a potential buying opportunity. Bearish Signal: When the Short EMA crosses below the Long EMA, it indicates decreasing momentum and may signal a potential selling opportunity. Confirming Trends: When the RSI is above both EMAs, it often confirms an uptrend in momentum. Conversely, when the RSI is below both EMAs, it may indicate a downtrend. Overbought/Oversold Confirmation: In overbought conditions (RSI > 70), watch for the Short EMA to cross below the Long EMA to confirm a potential pullback. In oversold conditions (RSI < 30), look for the Short EMA to cross above the Long EMA to signal a potential recovery. By analyzing these crossovers along with the RSI levels, you can gain insights into trend strength and potential reversals. This indicator is particularly useful for spotting early signs of a trend shift before price action reflects it.
Pine Script™ indicator
by devssahota
CandlestickPatternsLibrary "CandlestickPatterns" zigzag(_low, _high, depth, deviation, backstep)   Parameters:      _low (float)      _high (float)      depth (int)      deviation (int)      backstep (int) getTrend(trendType, currentClose, zz_downtrend, zz_uptrend, ema14, ema28)   Parameters:      trendType (string)      currentClose (float)      zz_downtrend (bool)      zz_uptrend (bool)      ema14 (float)      ema28 (float) isInside(currentHigh, currentLow, currentClose, currentOpen, prevHigh, prevLow)   Parameters:      currentHigh (float)      currentLow (float)      currentClose (float)      currentOpen (float)      prevHigh (float)      prevLow (float) checkMorningStar(open0, high0, low0, close0, open1, high1, low1, close1, open2, high2, low2, close2, innerCandleThreshold, closingMinThreshold, closingMaxThreshold, useDojiFilter, dojiSize, downTrend)   Parameters:      open0 (float)      high0 (float)      low0 (float)      close0 (float)      open1 (float)      high1 (float)      low1 (float)      close1 (float)      open2 (float)      high2 (float)      low2 (float)      close2 (float)      innerCandleThreshold (float)      closingMinThreshold (float)      closingMaxThreshold (float)      useDojiFilter (bool)      dojiSize (float)      downTrend (bool) checkEveningStar(open0, high0, low0, close0, open1, high1, low1, close1, open2, high2, low2, close2, innerCandleThreshold, closingMinThreshold, closingMaxThreshold, useDojiFilter, dojiSize, upTrend)   Parameters:      open0 (float)      high0 (float)      low0 (float)      close0 (float)      open1 (float)      high1 (float)      low1 (float)      close1 (float)      open2 (float)      high2 (float)      low2 (float)      close2 (float)      innerCandleThreshold (float)      closingMinThreshold (float)      closingMaxThreshold (float)      useDojiFilter (bool)      dojiSize (float)      upTrend (bool) checkHammerPattern(open, high, low, close, bodyAvg, shadowFactor, downTrend)   Parameters:      open (float)      high (float)      low (float)      close (float)      bodyAvg (float)      shadowFactor (float)      downTrend (bool) checkInvertedHammerPattern(open, high, low, close, bodyAvg, shadowFactor, downTrend)   Parameters:      open (float)      high (float)      low (float)      close (float)      bodyAvg (float)      shadowFactor (float)      downTrend (bool) checkHangingManPattern(open, high, low, close, bodyAvg, shadowFactor, upTrend)   Parameters:      open (float)      high (float)      low (float)      close (float)      bodyAvg (float)      shadowFactor (float)      upTrend (bool) checkShootingStarPattern(open, high, low, close, bodyAvg, shadowFactor, upTrend)   Parameters:      open (float)      high (float)      low (float)      close (float)      bodyAvg (float)      shadowFactor (float)      upTrend (bool) checkLevels(high0, high1, high2, low0, low1, low2, lookbackPeriod)   Parameters:      high0 (float)      high1 (float)      high2 (float)      low0 (float)      low1 (float)      low2 (float)      lookbackPeriod (int)
Pine Script™ library
by s_d_t
Dynamic Levels, Channels & Real-time Signals Milad_zashمحاسبه نقاط پیوت: pivotHigh: بالاترین نقطه پیوت برای تعیین روند صعودی. pivotLow: پایین‌ترین نقطه پیوت برای تعیین روند نزولی. رسم خطوط داینامیک: خطوط داینامیک با استفاده از dynamicTrendHigh و dynamicTrendLow ترسیم می‌شوند. این خطوط بر اساس نقاط پیوت به روز رسانی می‌شوند. کانال‌ها: اگر گزینه showChannels فعال باشد، خطوط کانال با رنگ سبز رسم می‌شوند که با استفاده از مقدار multiplier محاسبه می‌شوند. این خطوط در بالای و پایین خطوط داینامیک ترسیم می‌شوند. خطوط عکس‌العمل: خطوط عکس‌العمل (اندروز) با رنگ نارنجی رسم می‌شوند. این خطوط در بالای و پایین خطوط داینامیک رسم می‌شوند تا نقاط احتمالی برگشت قیمت را نمایش دهند. شرایط سیگنال خرید و فروش: سیگنال خرید زمانی صادر می‌شود که قیمت از dynamicTrendLow عبور کند. سیگنال فروش زمانی صادر می‌شود که قیمت از dynamicTrendHigh عبور کند. نتیجه‌گیری در کد شما، به طور خاص هیچ خط زردی وجود ندارد. اما خطوطی که به رنگ نارنجی هستند (خطوط عکس‌العمل) می‌توانند در برخی از نرم‌افزارهای نموداری با رنگ زرد نمایش داده شوند. اگر خطوط زرد در نمودار خود مشاهده می‌کنید، احتمالاً به تنظیمات یا نوع رنگ‌های نرم‌افزاری که استفاده می‌کنید مربوط می‌شود. اگر سؤالات بیشتری دارید یا نیاز به توضیحات بیشتری درباره‌ی نحوه کارکرد کد دارید، خوشحال می‌شوم کمک کنم!
Pine Script™ indicator
by Milad_zash
Blue Sniper Binary Options Alerts**Description:** The *Blue Sniper Strategy* is a trend-following trading script designed to help traders identify and act on high-confidence trade entries in trending markets. By combining the 50 and 200 Exponential Moving Averages (EMAs) with a custom configuration of UT Bot alerts, this script provides a structured approach to trend detection and precise entry timing. The strategy uses multiple layers of analysis to filter out false signals and aim for trades aligned with the prevailing market direction. **Underlying Methodology and Concept:** The *Blue Sniper Strategy* is specifically designed for markets with clear directional trends. To achieve this, it uses a two-part methodology: **trend filtering** through EMAs and **entry precision** through UT Bot alerts. 1. **EMA-Based Trend Filtering** - The 50 and 200 EMAs are used as dynamic indicators of trend direction. The 50 EMA, being shorter-term, captures recent price movements, while the 200 EMA reflects longer-term market sentiment. - Together, these EMAs establish a directional filter: - When the 50 EMA is above the 200 EMA, it signals an uptrend. - When the 50 EMA is below the 200 EMA, it signals a downtrend. - This alignment helps the strategy confirm trend direction, avoiding entries in weak or choppy trends. Only when the price and EMAs confirm a strong trend does the strategy trigger signals. 2. **UT Bot Alert Precision** - The UT Bot alerts are configured to detect price action within the established trend, identifying entry points based on momentum. The alerts monitor price for moments when it aligns with the trend’s direction and shows signs of continuation, helping to avoid entry during consolidation or excessive volatility. - These alerts offer a “second layer” of confirmation, so only setups that satisfy both the EMA trend filter and UT Bot momentum criteria will generate signals, reducing the likelihood of false or poorly timed entries. **Key Features and Benefits:** 1. **Trend-Focused Structure** - This strategy is optimized for trending markets. By filtering for strong trends using EMAs, it reduces entry signals during range-bound or erratic conditions. It’s particularly suitable for assets like Forex pairs and other volatile markets where trends are often more pronounced. 2. **Precision Alerts for Entries** - The UT Bot alerts are fine-tuned for entry precision within the trend. By scanning for momentum-driven price levels, they aim to provide timely entries in alignment with the larger trend. The alerts avoid periods of low volatility or extreme price swings, instead focusing on “sweet spots” where momentum is most likely to follow through. 3. **Versatility in Application** - While initially designed for Forex pairs, the *Blue Sniper Strategy* adapts well to various markets, including commodities, indices, and crypto. It is also suitable for multiple trading styles: - **Scalping**: The quick responsiveness of the UT Bot makes it practical for short-term trades within a trend. - **Day Trading and Swing Trading**: The trend confirmation from the 50 and 200 EMAs supports longer-term entries in established trends. **How to Use the *Blue Sniper Strategy*:** 1. **Assess Market Conditions Beforehand** - This strategy is ideal for trending markets. Start by analyzing whether the asset is currently trending, as the script is not optimized for range-bound or highly volatile environments. Checking market structure beforehand helps ensure more reliable signals. 2. **Trend Confirmation with EMAs** - Ensure alignment with the EMAs before considering an alert: - **For Buy Signals**: Price should be above both the 50 and 200 EMAs, with the 50 EMA above the 200 EMA. This indicates a solid uptrend. - **For Sell Signals**: Price should be below both EMAs, with the 50 EMA below the 200 EMA, confirming a downtrend. - These conditions provide a foundational trend direction, reinforcing that any subsequent alert from the UT Bot aligns with a larger trend movement. 3. **Follow Alerts Mindfully** - Each alert signals an optimal entry point within the trend, but traders should validate it with overall trend analysis and market conditions. The strategy is designed to highlight high-probability entries, but success will vary with changing market dynamics. Alerts are best used as guidance rather than guarantees. **Realistic Expectations:** While this strategy is structured to filter for high-confidence trade setups, it does not guarantee any specific win rate or future performance. Market conditions vary, and like any trading approach, results will depend on broader market factors, trader discretion, and effective risk management. This script does not claim to have a predetermined success rate but aims to improve decision-making by focusing on trends and precise entries. **Originality and Unique Value:** The *Blue Sniper Strategy* brings together trend and momentum indicators in a layered, cohesive approach rather than a simple indicator mashup. Each component—EMA trend filtering and UT Bot momentum alerts—serves a distinct purpose, working together to provide reliable signals in trending markets. The script is designed to streamline complex analysis, making it accessible for traders with varying levels of experience, especially those less familiar with Pine Script. This strategy focuses on offering traders a structured approach that enhances trend and momentum alignment, making it a useful tool for precise, trend-following trades.
Pine Script™ indicator
by bluechipsacademy