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Indicators and strategies

ATR SL/TPStop Loss Finder ATR A Stop Loss Finder ATR indicator is a dynamic risk management tool leveraging the Average True Range (ATR) to identify and track optimal stop-loss levels based on current market volatility. A stop hunt indicator is a technical tool designed to identify potential instances where large market participants, often referred to as "smart money," deliberately move the price to trigger a large number of stop-loss orders, creating a temporary price distortion before reversing the trend. These indicators aim to help traders detect these events to either avoid being stopped out or to enter trades in the direction of the anticipated reversal. For example, a long wick below support with high volume may signal a bullish stop-hunt , indicating that the price has been driven down to trigger sell-stop orders before reversing upward. Conversely, a long wick above resistance with high volume may signal a bearish stop-hunt , suggesting the price was pushed up to trigger buy-stop orders before reversing downward. The presence of such wicks is often associated with candlestick patterns like hammers or shooting stars. Unlike fixed stop-losses, this indicator adapts its distance from the current price using a customizable ATR multiplier, ensuring that stop-loss levels are neither too tight (prone to being triggered by normal market noise) nor too wide (exposing capital to excessive risk) . The core function calculates the true range—considering the current high-low range, gaps up, and gaps down—over a user-defined period (typically 14 bars), then applies a multiplier to generate a volatility-adjusted stop-loss distance . This approach allows the indicator to dynamically widen stops during high-volatility periods and tighten them during calm markets, providing a more responsive and context-aware exit strategy.
Pine Script® indicator
by poor_dev
VultureThis indicator ("vulture") is the volume of a candle divided by the spread. When higher than 2 standard deviations, it suggests demand aggressively opposing supply and vice versa. When lower than 2 standard deviations, it suggests demand hardly being opposed by supply or vice versa. E.g., if the vulture is very high and volume is also very high, this indicates high institutional activity (who is usually right) against the herd (who is usually wrong). If the vulture is very low and volume is very high, this suggests a mark up or mark down. If vulture is very high and volume is very low, whilst prices are climbing up to a resistance area, the low volume climb is less likely an ease of movement, and more likely to be a significant "no demand" candle, and so prices are likely on the verge of a reversal back to the downside.
Pine Script® indicator
by drkevinong
2
Frank-Setup ✅ (RSI + RS only)Frank-Shorting Setup ✅ is an indicator designed to help traders spot weakness in a stock by combining RSI and Relative Strength (RS) analysis. 🔹 Key Features RSI Weakness Signals Marks when RSI falls below 50 (downside pressure begins). Marks when RSI moves back above 50 (weakness ends). Relative Strength (RS) vs Benchmark Compares stock performance to a benchmark (e.g., NIFTY). Signals when RS drops below 1 (stock underperforming). Signals when RS moves back above 1 (strength resumes). Clear Chart Markings Circles for RSI signals. Triangles for RS signals. Optional labels for extra clarity. Alerts Built-In Get notified when RSI or RS weakness starts/ends. No need to monitor charts all the time
Pine Script® indicator
by frank_mudalagi
P/E Ratio vs Median + Bollinger Band- 📝 This indicator highlights potential buying opportunities by analyzing the Price-to-Earnings (P/E) ratio in relation to Bollinger Bands and its historical median. - 🎯 The goal is to provide a visually intuitive signal for value-oriented entries, especially when valuation compression aligns with historical context. - 💡 Vertical green shading is applied when the P/E ratio drops below the lower Bollinger Band, which is calculated directly from the P/E ratio itself — not price. This condition often signals the ticker may be oversold. - 🟢 Lighter green appears when the ratio is below the lower band but above the median, suggesting a possible shorter-term entry with slightly more risk. - 🟢 Darker green appears when the ratio is both below the lower band and below the median, pointing to a potentially stronger, longer-term value entry. - ⚠️ This logic was tested using 1 and 2-day time frames. It may not be as helpful in longer time frames, as the financial data TradingView pulls in begins in Q4 2017. - ⚠️ Note: This script relies on financial data availability through TradingView. It may not function properly with certain tickers — especially ETFs, IPOs, or thinly tracked assets — where P/S ratio data is missing or incomplete. - ⚠️ This indicator will not guarantee successful results. Use in conjunction with other indicators and do your due diligence. - 🤖 This script was iteratively refined with the help of AI to ensure clean logic, minimalist design, and actionable signal clarity. - 📢 Idea is based on the script "Historical PE ratio vs median" by haribotagada - 💬 Questions, feedback, or suggestions? Drop a comment — I’d love to hear how you’re using it or what you'd like to see changed.
Pine Script® indicator
by traceockinga
Advanced Dynamic Swing Anchored VWAP (Adaptive, Smart Pivots)🔹 Overview The Advanced Dynamic Swing Anchored VWAP is a powerful trading tool that automatically anchors VWAP to detected swing highs and lows, while adapting dynamically to market volatility using ATR-based tracking. Unlike static VWAP lines, this adaptive version provides smarter trend tracking, real-time pivot detection, and swing labeling (HH, HL, LH, LL) to help traders identify market structure shifts with precision. ✨ Key Features ✅ Swing Pivot Detection – Automatic detection of swing highs & lows based on your chosen period. ✅ Adaptive ATR Tracking – VWAP responsiveness adjusts dynamically with volatility. ✅ Smart Labels – Marks pivots with HH, HL, LH, LL to track market structure. ✅ Trend-Based Coloring – VWAP changes color based on bullish or bearish direction. ✅ Alerts – Get notified instantly on new swing pivots or trend shifts. ✅ Multi-Market Ready – Works across Forex, Crypto, Stocks, and Indices. 🔍 How to Use Identify Trend Direction – Green VWAP line = bullish swings; Red = bearish swings. Watch Pivots – HH/HL indicate bullish structure, while LH/LL indicate bearish structure. Combine With Confirmation – Best used with RSI, MACD, or Price Action for confluence. Set Alerts – Never miss a trend shift with built-in TradingView alerts. 🎯 Best For Swing traders looking for precision pivot detection. Trend-following traders using VWAP-based support/resistance. Scalpers who need adaptive VWAP levels that adjust to volatility. Multi-asset traders (Crypto, Forex, Stocks, Futures). 📈 Why This Indicator? The standard VWAP is static. Anchored VWAP requires manual anchoring. This advanced version automates the process, adapts to volatility, and visually shows pivots for smarter entries and exits. By combining anchored VWAP logic with adaptive ATR filtering, this tool gives a next-gen trading edge for both discretionary and systematic traders.
Pine Script® indicator
by Jaxon007
1
Progressive Entry Position Sizer v3Progressive Entry Position Sizer (PEPS) - DEVELOPMENT VERSION ⚠️ IMPORTANT DISCLAIMER: This indicator is currently in development and should NOT be relied upon for trading accuracy. Use at your own risk and always verify calculations independently before making any trading decisions. Overview: The Progressive Entry Position Sizer (PEPS) is a risk management tool designed to help traders plan multiple entry positions with progressive scaling. This indicator calculates position sizes and margin requirements across multiple entry levels while maintaining consistent risk exposure. Key Features: Progressive Risk Scaling: Uses a token-based system (1, 2, 3, 4, 5...) to progressively increase position sizes at each entry level Leverage Support: Accommodates leverage up to 50x with proper margin calculations Dollar-Based Position Sizing: Displays position values in dollar amounts rather than share quantities Visual Entry Planning: Shows entry zones, target, and stop loss levels with extended lines Comprehensive Risk Table: Detailed breakdown of each entry with position values and margin requirements How It Works: Set your account balance, risk percentage, and leverage Define primary entry, final entry, target, and stop loss prices Choose number of limit orders (2-8) The indicator calculates evenly distributed entry prices with progressive position sizing Each subsequent entry receives more "risk tokens" resulting in larger position sizes Use Cases: Planning DCA (Dollar Cost Averaging) strategies Risk management for leveraged positions Visualizing multi-entry trading setups Educational purposes for understanding progressive scaling ⚠️ Development Status: This script is actively being developed and may contain bugs or calculation errors. Always: Verify all calculations manually Test thoroughly on paper trades first Consult with financial professionals Never risk more than you can afford to lose Feedback Welcome: As this is a development version, user feedback and suggestions for improvements are greatly appreciated. This indicator is for educational and planning purposes only. Not financial advice.
Pine Script® indicator
by p_air
Range + Breakout/Breakdown + Box [Sharad] v5🔷 Range + Breakout/Breakdown + Box This indicator is designed to detect consolidation ranges and highlight potential breakouts (up) or breakdowns (down) when price escapes those ranges. It automatically draws a rectangle box over the detected range, making it easier to visualize sideways price action and potential coil patterns. ✨ Features Detects range conditions based on: Range width (as % of price and/or relative to ATR). Consecutive bar count inside range. Optional ADX filter for trend strength. Highlights Breakout Up and Breakdown Down with on-chart markers. Draws a box around the range that persists until the range ends. Built-in TradingView alerts: Range Detected Breakout Up Breakdown Down Customizable inputs for sensitivity, buffer, and visualization. ⚠️ Warnings & Disclaimer This tool is for educational and research purposes only. It does NOT provide financial advice, trade recommendations, or guaranteed results. Market conditions can invalidate signals; false breakouts are common. Always backtest before using in live trading. Use strict risk management (stop-loss, position sizing, risk–reward planning). You are fully responsible for any trades taken using this indicator. 👉 Use at your own risk. Neither the author nor TradingView accepts liability for financial loss or damages.
Pine Script® indicator
by Sha_Omn
Premarket Breakout Painter (08:00-09:29 ET) — First Break Only**Pre-Market Breakout Indicator** This indicator is designed to help traders identify and trade **pre-market breakout levels**. It automatically marks the pre-market high and low range, then extends those levels into the regular session so you can see when price breaks above or below them. --- ## 🔑 **How It Works** 1. **Pre-Market Range** * During extended hours (before the 09:30 ET open), the indicator tracks the **highest high** and **lowest low**. * These levels form the **pre-market range**. 2. **Breakout Levels** * At the market open, the pre-market high and low are plotted as horizontal lines. * When price breaks above the pre-market high → potential **bullish breakout**. * When price breaks below the pre-market low → potential **bearish breakout**. 3. **Optional Midline / VWAP** --- 🎨 **Visuals** * **Horizontal lines** marking pre-market high and low. * Lines extend into the regular session for easy tracking. * Colors can be customized for bullish/bearish clarity. --- ⚙️ **Inputs** * **Session Times** (default: 04:00–09:30 ET for U.S. equities). * **Show/Hide Midline** (optional). * **Line Styles & Colors**. * **Alerts** (optional, e.g., alert when price crosses pre-market high or low). --- 🚨 **Practical Use** * Look for **high volume breakouts** through pre-market high/low after the bell. * Use levels as **support/resistance** for pullback entries. * Combine with EMA trend filters, VWAP, or market internals for confirmation. --- ✅ This indicator doesn’t give buy/sell signals on its own — it’s a **visual framework** to highlight where the market may make its first decisive move of the day.
Pine Script® indicator
by howie42gale
Maiko Range Scalper (Sideways BB + RSI) – v4 cleanPurpose It’s a range scalping strategy for crypto. It tries to take small, repeatable trades inside a sideways market: buy near the bottom of the range, sell near the middle/top (and the reverse for shorts). Core idea (two timeframes) Define the trading range on a higher timeframe (HTF) You choose the HTF (e.g., 15m or 1h). The script finds the highest high and lowest low over a lookback window (e.g., last 96 HTF candles) → these become HTF Resistance and HTF Support. It also calculates the midline (average of support/resistance). Trade signals on your lower timeframe (LTF) You run the strategy on a fast chart (e.g., 1m or 5m). Entries are only allowed inside the HTF range. Entry logic (mean reversion) Indicators on the LTF: Bollinger Bands (length & std dev configurable). RSI (length & thresholds configurable). Optional VWAP proximity filter (price must be within X% of VWAP). Long setup: Price touches/under-cuts the lower Bollinger band AND RSI ≤ threshold (default 30) AND price is inside the HTF range (and passes VWAP filter if enabled). Short setup: Price touches/exceeds the upper Bollinger band AND RSI ≥ threshold (default 70) AND price is inside the HTF range (and passes VWAP filter if enabled). Exits and risk Stop-loss: placed just outside the HTF range with a configurable buffer %: Long SL = HTF Support × (1 − buffer). Short SL = HTF Resistance × (1 + buffer). Take-profit (selectable): Mid band (the Bollinger basis) → conservative, faster exits. Opposite band / HTF boundary → more aggressive, higher RR but more give-backs. Position sizing A simple cap: maximum position size = percent of account equity (e.g., 20%). The script calculates quantity from that cap and current price. Plots you’ll see on the chart HTF Resistance (red) and HTF Support (green) via plot(). HTF Midline (gray dashed) drawn with a line.new() object (because plot() cannot do dashed). Bollinger basis/upper/lower on the LTF. Optional VWAP line (only shown if you enable the filter). Signal markers (green triangle up for Long setups, red triangle down for Short setups). Alerts Two alertconditions: “Long Setup” – when a long entry condition appears. “Short Setup” – when a short entry condition appears. Create alerts from these to get notified in real time. How to use it (quick start) Add to a 1m or 5m chart of a liquid coin (BTC, ETH, SOL). Set HTF timeframe (start with 1h) and lookback (e.g., 96 = ~4 days on 1h). Keep default Bollinger/RSI first; tune later. Choose TP mode: “Mid band” for quick scalps. “Opposite band/Range” if the range is very clean and you want bigger targets. Set SL buffer (0.15–0.30% is common; adjust for volatility). Set Max position % to control size (e.g., 20%). (Optional) Enable VWAP filter to skip stretched moves. When it works best Clearly sideways markets with visible support/resistance on the HTF. High-liquidity pairs where spreads/fees are small relative to your scalp target. Limitations & safety notes True breakouts will invalidate mean-reversion logic—your SL outside the range is there to cut losses fast. Fees can eat into small scalps—prefer limit orders, rebates, and liquid pairs. Backtest results vary by exchange data; always forward-test on small size. If you want, I can: Add an ATR-based stop/target option. Provide a study-only version (signals/alerts, no trading engine). Pre-set risk to your €5,000 plan (e.g., ~0.5% max loss/trade) with calculated qty.
Pine Script® strategy
by MaikoWillemsen
Swing Z – Crypto Trading Algorithm | Zillennial Technologies IncSwing Z by Zillennial Technologies Inc. is an advanced algorithmic framework built specifically for cryptocurrency markets. It integrates multiple layers of technical analysis into a single decision-support tool, generating buy and sell signals only when several independent confirmations align. Core Concept Swing Z fuses trend structure, momentum oscillators, volatility signals, and price action tools to capture high-probability trading opportunities in volatile crypto environments. Trend Structure (EMA 9, 21, 50, 200) Short-term EMAs (9 & 21) detect immediate momentum shifts. Longer-term EMAs (50 & 200) define the broader trend and dynamic support/resistance. Momentum & Confirmation Layer RSI measures relative strength and market conditions. MACD crossovers confirm momentum shifts and trend continuations. Volatility & Market Pressure TTM Squeeze highlights compression zones likely to precede breakouts. Volume analysis confirms conviction behind directional moves. VWAP (Volume Weighted Average Price) establishes intraday value zones and institutional benchmarks. Price Action Filters Fibonacci retracements are integrated to identify key reversal and continuation levels. Signals are produced only when multiple conditions agree, reducing noise and improving reliability in fast-moving crypto markets. Features Tailored for cryptocurrency trading across major pairs (BTC, ETH, and altcoins). Works effectively on swing and trend-based timeframes (1H–1D). Combines trend, momentum, volatility, and price action into a single framework. Generates clear Buy/Sell markers and integrates with TradingView alerts. How to Use Apply to a clean chart for the clearest visualization. Use Swing Z as a swing trading tool, aligning entries with both trend structure and momentum confirmation. Combine with your own stop-loss, take-profit, and position sizing rules. Avoid application on non-standard chart types such as Renko, Heikin Ashi, or Point & Figure, which may distort results. Disclaimer Swing Z is designed as a decision-support tool, not financial advice. All backtesting should use realistic risk, commission, and slippage assumptions. Past results do not guarantee future performance. Signals do not repaint but may adjust as new data develops in real-time. Why Swing Z is original & useful: Swing Z unifies EMA trend structure, RSI, MACD, TTM Squeeze, VWAP, Fibonacci retracements, and volume analysis into a single algorithmic framework. This multi-confirmation approach improves accuracy by requiring consensus across trend, momentum, volatility, and price action — a design made specifically for the challenges and volatility of cryptocurrency markets.
Pine Script® indicator
by ericc2c45
Eureka & Phoenix Thrust — NYSE (90% Breadth Days)🚀Eureka & Phoenix Thrust Indicator (NYSE Breadth) Overview This free indicator highlights rare but powerful breadth thrust days on the NYSE that can mark important turning points in the market. It automatically detects both: 📈 Eureka Thrust (90% Up Day) – At least 90% of NYSE issues advance and at least 90% of NYSE volume is advancing. – Often signals broad-based institutional buying and strong market demand. 📉 Phoenix Thrust (90% Down Day) – At least 90% of NYSE issues decline and at least 90% of NYSE volume is declining. – Reflects broad institutional selling or panic, sometimes marking capitulation lows. Both signal types were popularized by Lowry’s Research and O’Neil/IBD market models. Notes Eureka Thrusts are bullish confirmation signals, especially when clustered. Phoenix Thrusts often mark panic selling — bearish in the short term, but can precede market bottoms if followed by Eurekas. These events are rare. You may need to scroll back in history (e.g., March 2020, 2008, 1987) to see them in action. Disclaimer This tool is for educational and informational purposes only. It is not financial advice. Always do your own research and risk management before making trading or investment decisions.
Pine Script® indicator
by trade2swing
Radial Basis Kernel RSI for LoopRadial Basis Kernel RSI for Loop What it is An RSI-style oscillator that uses a radial basis function (RBF) kernel to compute a similarity-weighted average of gains and losses across many lookback lengths and kernel widths (γ). By averaging dozens of RSI estimates—each built with different parameters—it aims to deliver a smoother, more robust momentum signal that adapts to changing market conditions. How it works The script measures up/down price changes from your chosen Source (default: close). For each combination of RSI length and Gamma (γ) in your ranges, it builds an RSI where recent bars that look most similar (by price behavior) get more weight via an RBF kernel. It averages all those RSIs into a single value, then smooths it with your selected Moving Average type (SMA, EMA, WMA, HMA, DEMA) and a light regression-based filter for stability. Inputs you can tune Min/Max RSI Kernel Length & Step: Range of RSI lookbacks to include in the ensemble (e.g., 20→40 by 1) or (e.g., 30→50 by 1). Min/Max Gamma & Step: Controls the RBF “width.” Lower γ = broader similarity (smoother); higher γ = more selective (snappier). Source: Price series to analyze. Overbought / Oversold levels: Defaults 70 / 30, with a midline at 50. Shaded regions help visualize extremes. MA Type & Period (Confluence): Final smoothing on the averaged RSI line (e.g., DEMA(44) by default). Red “OB” labels when the line crosses down from extreme highs (~80) → potential overbought fade/exit areas. Green “OS” labels when the line crosses up from extreme lows (~20) → potential oversold bounce/entry areas. How to use it Treat it like RSI, but expect fewer whipsaws thanks to the ensemble and kernel weighting. Common approaches: Look for crosses back inside the bands (e.g., down from >70 or up from <30). Use the 50 midline for directional bias (above = bullish momentum tilt; below = bearish). Combine with trend filters (e.g., your chart MA) for higher-probability signals. Performance note: This is really heavy and depending on how much time your subscription allows you could experience this timing out. Increasing the step size is the easiest way to reduce the load time. Works on any symbol or timeframe. Like any oscillator, best used alongside price action and risk management rather than in isolation.
Pine Script® indicator
by Cmo22