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Simple MADSimple MAD is a lightweight and customizable indicator that calculates the Median Absolute Deviation (MAD) over a configurable period to measure market volatility. It dynamically displays Stop-Loss (SL) and Take-Profit (TP) levels based on MAD multipliers, both in absolute price and percentage terms. The indicator includes a clean, watermark-style table with full layout controls — allowing you to adjust position, text size, alignment, and colors. It supports both manual entry price and automatic use of the latest close, making it ideal for traders who want to manage risk with precision and clarity. Perfect for swing traders, volatility-based strategies, and anyone looking to integrate MAD into their decision-making.
Pine Script® indicator
by danny_dahan
VWAP TrendGuard [KedarArc Quant]Strategy Overview: A non-repainting intraday strategy that pairs VWAP entries with an EMA-based trend gate on the entry timeframe. Entries come from VWAP Cross or Cross+Retest, with an optional Momentum exception. Exits use either an ATR emergency stop or a structural TrendBreak. The Today Panel summarizes Net-R, Win%, and PF for the current session. Non-repainting: all higher-timeframe requests use lookahead_off (no peeking). Works across intraday frames; keep the HTF filter your chart timeframe. Signals & Exits Trend gate (entry timeframe): trendUp if EMA(fast) > EMA(slow); trendDown otherwise. Volume gate: volume SMA(volume, volLen) × volMult. Long (Base): trendUp & volOK AND (cross above VWAP OR (Cross+Retest AND recent low VWAP within lookback)). Short (Base): trendDown & volOK AND (cross below VWAP OR (Cross+Retest AND recent high VWAP within lookback)). Momentum exception (optional): body momBodyPct AND volume SMA × momVolMult allows fast entry. TrendBreak exit: Long closes when price < VWAP AND EMA(fast) < EMA(slow); Short closes on the opposite. ATR emergency stop: strategy.exit at entry with stop = close ± ATR(atrLen) × atrMult.
Pine Script® strategy
by kedarcquant
Draw Trend LinesSometimes the simplest indicators help traders make better decisions. This indicator draws simple trend lines, the same lines you would draw manually. To trade with an edge, traders need to interpret the recent price action, whether it's noisy or choppy, or it's trending. Trend Lines will help traders with that interpretation. The lines drawn are: 1. lower tops 2. higher bottoms Because trends are defined as higher lows, or lower highs. When you see "Wedges", formed by prices chopping between top and bottom trend lines, that's noisy environment not to be traded. When you learn to "stop yourself", you already have an edge. Often when you see a trend, it's still not too late. Trend will continue until it doesn't. But the caveat is a very steep trend is unlikely to continue, because buying volume is extremely unbalanced to cause the steep trend, and that volume will run out of energy. (Same on the sell side of course) Trends can reverse, and when price action breaks the trend line, Breakout/Breakdown traders can take this as an entry signal. Enjoy, and good trading!
Pine Script® indicator
by accutrades_net
1
Scalping EMA9 + Breakout (5m - 24h)//@version=6 indicator("Scalping US100 - EMA9 Breakout", overlay=true) ema9 = ta.ema(close, 9) plot(ema9, color=color.orange, title="EMA9") // Condições de rompimento breakout_up = close > high and close > ema9 breakout_down = close < low and close < ema9 // Plotar sinais visuais plotshape(breakout_up, title="Buy Signal", location=location.belowbar, color=color.green, style=shape.labelup, text="BUY") plotshape(breakout_down, title="Sell Signal", location=location.abovebar, color=color.red, style=shape.labeldown, text="SELL") // Alerta para Webhook alertcondition(breakout_up, title="Buy Alert", message="BUY - US100 🚀") alertcondition(breakout_down, title="Sell Alert", message="SELL - US100 🔻")
Pine Script® indicator
by rabelousa
Bullish Single Candle Patterns [Crypto Varthagam]Description - This indicator highlights three well-known single bullish candlestick signals: Hammer – A small body with a long lower wick, often signaling potential reversal at the bottom of a downtrend. Inverted Hammer – A small body with a long upper wick, showing potential reversal if followed by bullish confirmation. Bullish Marubozu – A strong green candle with little to no shadows, representing clear buyer dominance. How it works: - The script measures candle body size relative to total range and wick size. - It identifies patterns based on common candlestick rules (wick-to-body ratios and body position). - Labels are plotted on the chart for easy recognition of these signals. Unique aspects of this script: -Clean, educational implementation focused only on three key single-candle bullish patterns. - Uses precise mathematical ratios for consistent detection. - Lightweight design that can be applied on any timeframe or asset. Disclaimer: This script is for educational purposes only. It does not provide financial advice. Always confirm signals with broader analysis, risk management, and additional tools before making trading decisions.
Pine Script® indicator
by cryptovarthagam
Bullish & Bearish Engulfing Finder [Crypto Varthagam]Overview This script is designed to automatically detect Bullish and Bearish Engulfing Candlestick Patterns directly on your TradingView chart. Engulfing patterns are widely used in price action trading as potential reversal signals. Features - Detects both Bullish Engulfing and Bearish Engulfing patterns. - Option to require a prior trend filter (configurable consecutive bars) Flexible engulfing detection: - Strict mode (body must fully cover the previous candle’s body). - Ratio mode (current body must be at least X times larger). - Optional volume confirmation (engulfing candle volume > SMA × multiplier). - Clear chart labels and optional background highlights. - Built-in alert conditions for automated notifications. - Lightweight, clean, and open-source for the community. Why It’s Unique - Unlike many engulfing detectors, this script gives you full control over detection rules. You can fine-tune strictness, require prior trends, or add volume conditions to filter out weak signals. Both bullish and bearish engulfing patterns are supported in one script, keeping your chart clean. Housekeeping & Policy Notes - This script is for educational purposes only. It does not provide financial advice or guaranteed trading signals. - Always combine candlestick patterns with proper risk management and your own strategy. - Fully open-source: feel free to study, learn, and adapt it for your needs. Alerts - “Bullish Engulfing Detected” - “Bearish Engulfing Detected”
Pine Script® indicator
by cryptovarthagam
Quad Stochastic Div (Latching Quad)This script combines 4 stochastic lines, plotting only the %D lines. (9,3)(14,3)(40,4)(60,10) When all 4 are oversold or overbought, a buy or sell background is painted. When the slowest moving stochastic finally rotates back towards the center, the background will unlatch. This script also marks most divergences made between the chart and the 2 faster moving stochastic lines. White markers for the 9,3 and orange markers for the 14,4. Tradable signals are both orange and white divergence occurring on the same pivot, or either divergence leading out of a rotation. Generally more useful for scalping 1-5m charts. I also built out some strength ratings to attempt to classify the divergences against one another, but this didn't seem to have much value in practice so by default the tags are turned off. This indicator is helpful for anyone interested in daytradingrockstar on youtube's quad stochastic strategy.
Pine Script® indicator
by Candelabra
Volume Trend AnalysisStudy Material for Volume Trend Analysis Dashboard 1. Introduction This script is a complete volume-based technical analysis dashboard designed in TradingView, created under the guidelines of TradingView and aiTrendview. It combines multiple indicators—Volume, RSI, Supertrend, Buy/Sell Pressure, and Momentum—into a single visual dashboard. The purpose is education and market observation, not guaranteed profits. Students using this tool should focus on understanding patterns, signals, and probabilities rather than treating them as fixed rules. ________________________________________ 2. Core Components and Indicators 🔹 Volume Analysis • Volume shows the number of shares/contracts traded in a specific period. • The script compares today’s volume with historical averages (e.g., 20-day average). • This helps identify whether trading activity is higher or lower than usual. • Learning use: A student can track if high volume confirms a price breakout or if low volume suggests weak conviction. • Combination: o High price rise + High volume → Strong bullish move. o Price rise + Low volume → Weak rally, may fail. o Price fall + High volume → Strong selling pressure. o Price fall + Low volume → Weak decline, may reverse. ________________________________________ 🔹 RSI (Relative Strength Index) • RSI measures momentum (0–100 scale). • Above 70 = Overbought (possible selling zone). • Below 30 = Oversold (possible buying zone). • Around 50 = Neutral, sideways market. • Learning use: Combine with volume—RSI near extremes with high volume often marks turning points. • Combination: o RSI < 30 + High buy pressure volume = Strong bounce probability. o RSI > 70 + High sell pressure volume = Risk of reversal downward. ________________________________________ 🔹 Supertrend • Supertrend uses volatility (ATR) to show support/resistance bands. • Price above = Bullish trend. • Price below = Bearish trend. • Learning use: New students can treat it as a dynamic stop-loss and trailing tool. • Combination: o Price > Supertrend + RSI > 50 + High buy volume = Safe bullish trend. o Price < Supertrend + RSI < 50 + High sell volume = Safe bearish trend. ________________________________________ 🔹 Buy/Sell Pressure • The indicator splits volume into buying vs. selling portions based on price action. • Shows % of buying volume vs. selling volume. • Learning use: Students can visualize whether bulls or bears are dominating. • Combination: o Buying > 65% → Bulls stronger. o Selling > 65% → Bears stronger. o Balanced → Market indecisive (range-bound). ________________________________________ 🔹 Momentum & Signal Status • Momentum combines RSI and Supertrend to classify market as Bullish, Bearish, or Neutral. • Buy/Sell signals are triggered on crossovers of price with Supertrend along with RSI conditions. • Learning use: Beginners should not blindly trade these signals but track how often they succeed/fail under different market conditions. • Combination: o Bullish Momentum + Buy Signal + High Volume = Strong entry setup. o Bearish Momentum + Sell Signal + High Volume = Strong short setup. ________________________________________ 🔹 Volume Pace • Compares current intraday volume with expected average progress. • Above pace = Traders active earlier than usual. • Below pace = Weak interest in current session. • Learning use: Beginners can track whether moves are backed by real activity or just price manipulation. • Combination: o Above pace + Bullish signals = Reliable rally. o Below pace + Bullish signals = Weak rally, avoid. ________________________________________ 3. How to Use the Dashboard • The dashboard consolidates all indicators into a simple table: Signals, Momentum, Position, Profit, Volume, Pressure, Levels, and Status. • It helps beginners see different aspects of market condition at one glance. • Instead of jumping between multiple charts, everything is available in one panel. • Students can use this to practice observation, backtest signals, and record outcomes. ________________________________________ 4. Educational Guidelines 1. Paper Trade First: Always test on virtual trading accounts before real money. 2. Record Outcomes: Note how each signal works in trending vs. sideways markets. 3. Combine with Chart Reading: This is not standalone—students must learn candlestick patterns, support/resistance, and fundamentals. 4. Avoid Overtrading: Just because a dashboard flashes “BUY” doesn’t mean to enter blindly. 5. Adapt Timeframes: Learn the difference between intraday vs. daily signals. Shorter timeframes = more noise. ________________________________________ 5. Common Beginner Mistakes • Blind Trading: Treating BUY/SELL signals as automatic entry/exit without analysis. • Ignoring Volume: Not checking whether signals are backed by strong or weak volume. • Overconfidence: Assuming 100% accuracy—no indicator is perfect. • Misusing Alerts: Alerts help monitoring but don’t guarantee profitability. ________________________________________ 6. Disclaimer This indicator is created strictly for educational and learning purposes under TradingView and aiTrendview guidelines. • It is not financial advice and should not be treated as a guaranteed profit-making tool. • Past performance does not guarantee future results. • Misuse of this indicator for blind speculation can result in financial loss. • Always use it with proper risk management and independent judgment. • For real trading decisions, consult a certified financial advisor. ________________________________________ ✅ By studying this dashboard, students gain exposure to: • How multiple indicators interact. • How volume confirms or rejects price moves. • How to build discipline by observing signals, not chasing them. This makes the tool a training ground for market observation rather than a shortcut to quick profits.
Pine Script® indicator
by aiTrendview-Charting-System
Technical Probability MetrixThe provided Pine Script is a comprehensive trading tool called the "Technical Probability Metrix," designed for TradingView in Pine Script version 5. It integrates multiple technical indicators and advanced calculations to generate a probability score indicating the likelihood of bullish or bearish price movement. This study is helpful for traders seeking a consolidated market analysis from several technical perspectives in one integrated view. How to Use This Script • Apply the script to any chart on TradingView. • Customize input parameters like wave detection period, Fibonacci levels, RSI length, MACD settings, stochastic length, and EMA periods to suit your trading style. • Enable or disable display elements such as Elliott Wave labels, Fibonacci levels, and the summary table as needed. • Observe the summary table that shows the status, values, strength progress bars, and probability percentages for each indicator category. • Use the overall "Technical Probability Metrix" score and color-coded signals to determine trade bias and strength. • Alerts are set up for strong buy/sell signals, trend changes, and EMA crossovers for real-time notification. How It Is Helpful • Unified Analysis: Combines momentum, trend, volume, and Fibonacci analysis in a single view, saving time and reducing indicator clutter. • Probability Scores: Converts complex indicator data into probability percentages, allowing easier interpretation of market direction strength. • Adaptive Targeting: Provides configurable probability levels indicating multiple targets based on the current trend strength. • Trend Detection: Uses a trend scoring method combining linear regression, moving averages, and pivot highs/lows for a robust trend bias. • Alert Conditions: Notifies users of key market signal changes to support timely decision-making. • Volume and Order Blocks: Includes volume moving average and order block strength which are critical for validating price moves. • Multi-Timeframe EMA Cross: Incorporates 15-minute EMA crossover analysis adding another confirmation layer. Indicators Included and Their Role • RSI (Relative Strength Index): Measures overbought/oversold conditions. Values >70 suggest overbought; <30 suggest oversold. • MACD (Moving Average Convergence Divergence): Momentum and trend confirmation; bullish when MACD line crosses above signal line. • Stochastic Oscillator: Identifies momentum and potential trend reversals; bullish when %K crosses above %D under 80. • Volume Moving Average and Ratio: Detects unusual volume spikes which often precede price moves. • VWAP (Volume Weighted Average Price): Determines if price is trading above or below average price weighted by volume, indicating institutional interest. • Order Block Strength: Highlights key supply/demand zones from recent high/low ranges. • EMA 9/20 Crossover (on 15-min): Short and medium-term trend signals for finer timing. • Elliott Wave Pivots: Detects significant wave highs and lows to assess price position within swing structures. • Trend Metrics: Combines moving averages, linear regression slope, higher highs/lows, and bar comparisons to score market trend strength. How to Analyze Using This Study • Look for alignment among the indicators: bullish RSI, MACD, stochastic, and volume with positive trend scores and price above VWAP suggest a strong buy. • Use the probability percentages and progress bars to gauge the power behind signals. • Observe the overall signal (Strong Buy, Buy, Neutral, Sell, Strong Sell) and corresponding color for quick visual cues. • Fibonacci levels and wave counts provide context about price targets and retracement zones. • Alerts notify when conditions for strong entry or exit signals occur, complementing manual analysis. Benefits for New Traders • Simplifies Complex Data: Merges multiple technical tools into one dashboard, reducing confusion from using many separate indicators. • Visual Progress Bars and Status: Easy-to-understand visualization of each indicator’s strength and market probability. • Educative Value: Shows how classic indicators combine into an overall market assessment, useful for learning indicator interactions. • Alerts: Helps beginners by signaling trading opportunities without needing constant manual chart monitoring. • Adjustable Settings: Allows users to experiment with input values and observe how indicators respond. Disclaimer from aiTrendview This script and its trading signals are provided for training and educational purposes only. They do not constitute financial advice or a guaranteed trading system. Trading involves substantial risk, and there is the potential to lose all invested capital. Users should perform their own analysis and consult with qualified financial professionals before making any trading decisions. aiTrendview disclaims any liability for losses incurred from using this code or trading based on its signals. Use this tool responsibly, and trade only with risk capital.
Pine Script® indicator
by aiTrendview-Charting-System
Ultimate Pattern ScannerSmart Pattern Scanner Pro - Complete Study Guide The Smart Pattern Scanner Pro is an advanced candlestick pattern recognition indicator that automatically detects over 30 traditional Japanese candlestick patterns across multiple timeframes simultaneously. It combines pattern recognition with volume analysis and trend confirmation to provide traders with comprehensive reversal and continuation signals. Core Features: • 30+ Candlestick Patterns: Complete library of traditional patterns • Multi-Timeframe Scanning: Simultaneous analysis across up to 7 timeframes • Volume Integration: Buy/sell volume analysis with pattern confirmation • Trend Filtering: SMA-based trend confirmation for pattern validity • Real-Time Dashboard: Professional interface with customizable display • Alert System: Automated notifications when patterns are detected ________________________________________ Candlestick Pattern Categories Reversal Patterns (Bullish) Single Candle Patterns 1. Hammer o Formation: Small body at top, long lower shadow (2x body size) o Signal: Bullish reversal after downtrend o Reliability: High when confirmed with volume o Entry: Above hammer high with stop below low 2. Inverted Hammer o Formation: Small body at bottom, long upper shadow o Signal: Potential bullish reversal (needs confirmation) o Reliability: Medium (requires next candle confirmation) o Entry: Confirmed breakout above pattern 3. Dragonfly Doji o Formation: Open = Close, long lower shadow, no upper shadow o Signal: Strong bullish reversal signal o Reliability: High in downtrends o Entry: Above doji high with tight stop 4. Long Lower Shadow o Formation: Lower shadow 2x body length o Signal: Rejection of lower prices, bullish sentiment o Reliability: Medium to high with volume o Entry: Above candle high Multi-Candle Patterns 1. Bullish Engulfing o Formation: Large white candle completely engulfs previous black candle o Signal: Strong bullish reversal o Reliability: Very high with volume confirmation o Entry: Above engulfing candle high 2. Morning Star o Formation: 3-candle pattern (down, small, up) o Signal: Major bullish reversal o Reliability: Excellent (one of most reliable patterns) o Entry: Above third candle high 3. Morning Doji Star o Formation: Like Morning Star but middle candle is doji o Signal: Strong bullish reversal o Reliability: Very high o Entry: Above third candle close 4. Piercing Pattern o Formation: White candle opens below previous low, closes above midpoint o Signal: Bullish reversal o Reliability: High when closing >50% into previous candle o Entry: Above piercing candle high 5. Bullish Harami o Formation: Small white candle within previous large black candle o Signal: Potential bullish reversal o Reliability: Medium (needs confirmation) o Entry: Above mother candle high Reversal Patterns (Bearish) Single Candle Patterns 1. Shooting Star o Formation: Small body at bottom, long upper shadow o Signal: Bearish reversal after uptrend o Reliability: High with volume confirmation o Entry: Below shooting star low 2. Hanging Man o Formation: Like hammer but appears in uptrend o Signal: Potential bearish reversal o Reliability: Medium (needs confirmation) o Entry: Below hanging man low 3. Gravestone Doji o Formation: Open = Close, long upper shadow, no lower shadow o Signal: Strong bearish reversal o Reliability: High in uptrends o Entry: Below doji low 4. Long Upper Shadow o Formation: Upper shadow 2x body length o Signal: Rejection of higher prices o Reliability: Medium to high o Entry: Below candle low Multi-Candle Patterns 1. Bearish Engulfing o Formation: Large black candle engulfs previous white candle o Signal: Strong bearish reversal o Reliability: Very high o Entry: Below engulfing candle low 2. Evening Star o Formation: 3-candle pattern (up, small, down) o Signal: Major bearish reversal o Reliability: Excellent o Entry: Below third candle low 3. Dark Cloud Cover o Formation: Black candle opens above previous high, closes below midpoint o Signal: Bearish reversal o Reliability: High when closing <50% into previous candle o Entry: Below dark cloud low Continuation Patterns 1. Rising Three Methods o Formation: White candle, 3 small declining candles, white candle o Signal: Bullish continuation o Reliability: High in strong uptrends 2. Falling Three Methods o Formation: Black candle, 3 small rising candles, black candle o Signal: Bearish continuation o Reliability: High in strong downtrends Indecision Patterns 1. Doji o Formation: Open = Close (or very close) o Signal: Market indecision, potential reversal o Reliability: Context-dependent 2. Spinning Tops o Formation: Small body with upper and lower shadows o Signal: Market indecision o Reliability: Low without confirmation ________________________________________ Multi-Timeframe Analysis Timeframe Hierarchy Strategy Primary Analysis Flow: 1. Higher Timeframe (Daily/Weekly): Establish overall trend direction 2. Intermediate Timeframe (4H/1H): Identify key support/resistance levels 3. Lower Timeframe (15M/5M): Precise entry and exit timing Configuration Guidelines: • Scalping: 1M, 3M, 5M, 15M, 30M • Day Trading: 5M, 15M, 30M, 1H, 4H • Swing Trading: 1H, 4H, 1D, 1W • Position Trading: 4H, 1D, 1W, 1M Pattern Confluence Rules: 1. High Probability Setup: Same pattern type appears on 3+ timeframes 2. Trend Alignment: Reversal patterns should align with higher timeframe structure 3. Volume Confirmation: Strong volume on pattern timeframe and higher timeframes ________________________________________ Volume Analysis Integration Volume Components: 1. Buy Volume: Volume when close > open (green candles) 2. Sell Volume: Volume when close ≤ open (red candles) 3. Volume Ratio: Current volume / 20-period moving average 4. Progress Indicator: Visual representation of volume strength Volume Signal Interpretation: • Ratio >1.5: Strong volume confirmation • Ratio 1.0-1.5: Moderate volume support • Ratio <1.0: Weak volume (pattern less reliable) Volume Analysis Rules: 1. Bullish Patterns: Require strong buy volume for confirmation 2. Bearish Patterns: Require strong sell volume for confirmation 3. Volume Divergence: When pattern and volume disagree, favor volume 4. Volume Spikes: Ratios >2.0 indicate institutional interest ________________________________________ Live Market Application Step 1: Dashboard Setup 1. Position Selection: Choose optimal table position for your layout 2. Timeframe Configuration: Set relevant timeframes for your strategy 3. Volume Analysis: Enable for confirmation signals 4. Progress Indicators: Enable for visual signal strength Step 2: Pattern Identification Process Real-Time Scanning: 1. Monitor Multiple Timeframes: Check all configured timeframes simultaneously 2. Pattern Priority: Focus on patterns appearing on higher timeframes first 3. Signal Confluence: Look for patterns appearing across multiple timeframes 4. Volume Confirmation: Verify adequate volume support Pattern Validation: 1. Trend Context: Ensure pattern aligns with overall market structure 2. Support/Resistance: Check if pattern forms at key levels 3. Market Conditions: Consider overall market volatility and sentiment 4. Time of Day: Be aware of session characteristics (open, close, lunch) Step 3: Entry Decision Matrix High Probability Entries: • Pattern on 3+ timeframes • Strong volume confirmation (ratio >1.5) • Trend alignment with higher timeframes • Formation at key support/resistance Medium Probability Entries: • Pattern on 2 timeframes • Moderate volume (ratio 1.0-1.5) • Partial trend alignment • Formation in trending market Low Probability Entries: • Single timeframe pattern • Weak volume (ratio <1.0) • Counter-trend formation • Choppy/sideways market ________________________________________ Pattern Reliability Assessment Tier 1 Patterns (Highest Reliability - 70-80% success rate): • Morning Star / Evening Star • Bullish/Bearish Engulfing • Three White Soldiers / Three Black Crows • Hammer (in strong downtrend) • Shooting Star (in strong uptrend) Tier 2 Patterns (High Reliability - 60-70% success rate): • Piercing Pattern / Dark Cloud Cover • Morning/Evening Doji Star • Harami patterns • Abandoned Baby • Kicking patterns Tier 3 Patterns (Moderate Reliability - 50-60% success rate): • Doji patterns • Tweezer Tops/Bottoms • Window patterns • Tasuki Gap patterns • Marubozu patterns Tier 4 Patterns (Lower Reliability - 40-50% success rate): • Spinning Tops • Long shadow patterns (single) • Neutral doji formations • Single candle continuation patterns ________________________________________ Trading Strategies Strategy 1: Multi-Timeframe Reversal Objective: Catch major trend reversals using high-reliability patterns Rules: 1. Wait for Tier 1 patterns on Daily + 4H timeframes 2. Require volume ratio >1.5 on both timeframes 3. Enter on 1H confirmation candle 4. Stop loss below/above pattern extreme 5. Target 2:1 or 3:1 risk-reward ratio Strategy 2: Intraday Scalping Objective: Quick profits from short-term pattern formations Rules: 1. Focus on 5M and 15M timeframes 2. Trade only Tier 1 and Tier 2 patterns 3. Require volume confirmation 4. Quick exits (10-30 pip targets) 5. Tight stops (5-15 pips) Strategy 3: Swing Trading Objective: Multi-day position holding based on pattern signals Rules: 1. Use Daily and Weekly timeframes 2. Focus on major reversal patterns 3. Combine with fundamental analysis 4. Wider stops (2-5% of entry price) 5. Hold for 5-20 trading days Strategy 4: Trend Continuation Objective: Enter trending markets using continuation patterns Rules: 1. Identify strong trends on higher timeframes 2. Wait for continuation patterns on lower timeframes 3. Enter in direction of main trend 4. Trail stops using pattern lows/highs 5. Pyramid positions on additional patterns ________________________________________ Risk Management Position Sizing Rules: 1. Tier 1 Patterns: Risk up to 2% of account 2. Tier 2 Patterns: Risk up to 1.5% of account 3. Tier 3 Patterns: Risk up to 1% of account 4. Tier 4 Patterns: Risk up to 0.5% of account Stop Loss Guidelines: 1. Reversal Patterns: Stop beyond pattern extreme + 1 ATR 2. Continuation Patterns: Stop at pattern invalidation level 3. Doji Patterns: Tight stops due to indecision nature 4. Multi-Candle Patterns: Use pattern range for stop placement Take Profit Strategies: 1. Conservative: 1:1 risk-reward ratio 2. Moderate: 2:1 risk-reward ratio 3. Aggressive: 3:1 risk-reward ratio 4. Trailing: Move stops to breakeven after 1:1 achieved ________________________________________ Limitations and Considerations Technical Limitations: 1. Pattern Subjectivity: Slight variations in pattern interpretation 2. Market Context Dependency: Patterns perform differently in various market conditions 3. False Signals: Not all patterns lead to expected price moves 4. Lagging Nature: Patterns are confirmed after formation is complete Market Condition Considerations: 1. Trending Markets: Continuation patterns more reliable than reversals 2. Range-Bound Markets: Reversal patterns at extremes more effective 3. High Volatility: Patterns may not develop properly 4. News Events: Fundamental factors can override technical patterns Optimal Usage Conditions: 1. Liquid Markets: Adequate volume and participation 2. Normal Volatility: Not during extreme market stress 3. Clear Market Structure: Defined support and resistance levels 4. Multiple Timeframe Alignment: Confluence across timeframes When NOT to Trade Patterns: 1. Major News Releases: Economic announcements can invalidate patterns 2. Market Holidays: Reduced participation affects reliability 3. Extreme Volatility: VIX >30 or similar stress indicators 4. Gap Openings: Large gaps can negate pattern significance ________________________________________ Risk Disclaimer CRITICAL WARNING FROM aiTrendview TRADING FINANCIAL INSTRUMENTS INVOLVES SUBSTANTIAL RISK OF LOSS This Smart Pattern Scanner Pro indicator ("the Indicator") is provided for educational and analytical purposes only. By using this indicator, you acknowledge and accept the following terms and conditions: No Financial Advice • NOT INVESTMENT ADVICE: This indicator does not constitute financial, investment, or trading advice • NO RECOMMENDATIONS: Pattern signals are not recommendations to buy or sell any financial instrument • EDUCATIONAL TOOL: Designed for learning technical analysis concepts and pattern recognition • INDEPENDENT RESEARCH REQUIRED: Always conduct your own thorough analysis before making trading decisions Substantial Trading Risks • CAPITAL LOSS RISK: You may lose some or all of your trading capital • LEVERAGE DANGERS: Margin trading can amplify losses beyond your initial investment • MARKET VOLATILITY: Financial markets are inherently unpredictable and can move against any analysis • PATTERN FAILURE: Candlestick patterns fail frequently and do not guarantee profitable outcomes • FALSE SIGNALS: The indicator may generate incorrect or misleading signals Technical Analysis Limitations • NOT PREDICTIVE: Candlestick patterns analyze past price action, not future movements • SUBJECTIVE INTERPRETATION: Pattern recognition can vary between traders and market conditions • CONTEXT DEPENDENT: Patterns must be analyzed within broader market context • NO GUARANTEE: No technical analysis method guarantees trading success • STATISTICAL PROBABILITY: Even high-reliability patterns fail 20-30% of the time User Responsibilities • SOLE RESPONSIBILITY: You are entirely responsible for all trading decisions and outcomes • RISK MANAGEMENT: Implement appropriate position sizing and stop-loss strategies • PROFESSIONAL CONSULTATION: Seek advice from qualified financial professionals • REGULATORY COMPLIANCE: Ensure compliance with local financial regulations • CONTINUOUS EDUCATION: Maintain ongoing education in market analysis and risk management Indicator Limitations • SOFTWARE BUGS: Technical glitches or calculation errors may occur • DATA DEPENDENCY: Relies on accurate price and volume data feeds • PLATFORM LIMITATIONS: Subject to TradingView platform capabilities and restrictions • VERSION UPDATES: Functionality may change with future updates • COMPATIBILITY: May not work optimally with all chart configurations Volume Analysis Limitations • DATA ACCURACY: Volume data may be incomplete or delayed • MARKET VARIATIONS: Volume patterns differ across markets and instruments • INSTITUTIONAL ACTIVITY: Cannot guarantee detection of all institutional trading • LIQUIDITY FACTORS: Low liquidity markets may produce unreliable volume signals Multi-Timeframe Considerations • CONFLICTING SIGNALS: Different timeframes may show contradictory patterns • TIME SYNCHRONIZATION: Pattern timing may vary across timeframes • COMPUTATIONAL LOAD: Multiple timeframe analysis may affect performance • COMPLEXITY RISK: More data does not necessarily mean better decisions Specific Trading Warnings Pattern-Specific Risks: 1. Doji Patterns: Indicate indecision, not directional conviction 2. Single Candle Patterns: Generally less reliable than multi-candle formations 3. Continuation Patterns: May signal trend exhaustion rather than continuation 4. Gap Patterns: Subject to overnight and weekend gap risks Market Condition Risks: 1. News Events: Fundamental factors can invalidate any technical pattern 2. Market Manipulation: Large players can create false pattern signals 3. Algorithmic Trading: High-frequency trading can distort traditional patterns 4. Market Crashes: Extreme events render technical analysis ineffective Psychological Trading Risks: 1. Overconfidence: Successful patterns may lead to excessive risk-taking 2. Pattern Addiction: Over-reliance on patterns without broader analysis 3. Confirmation Bias: Seeing patterns that don't actually exist 4. Emotional Trading: Fear and greed can override pattern discipline Legal and Regulatory Disclaimers Intellectual Property: • COPYRIGHT PROTECTION: This indicator is protected by copyright law • AUTHORIZED USE ONLY: Use only as permitted by TradingView terms of service • NO REDISTRIBUTION: Unauthorized copying or redistribution is prohibited • MODIFICATION RESTRICTIONS: Code modifications may void any support or warranties Regulatory Compliance: • LOCAL LAWS: Ensure compliance with your jurisdiction's financial regulations • LICENSING REQUIREMENTS: Some jurisdictions require licenses for trading or advisory activities • TAX OBLIGATIONS: Trading profits/losses may have tax implications • REPORTING REQUIREMENTS: Some jurisdictions require reporting of trading activities Limitation of Liability: • NO LIABILITY: aiTrendview accepts no liability for any losses, damages, or adverse outcomes • INDIRECT DAMAGES: Not liable for consequential, incidental, or punitive damages • MAXIMUM LIABILITY: Limited to amount paid for indicator access (if any) • FORCE MAJEURE: Not responsible for events beyond reasonable control Final Warnings and Recommendations Before Using This Indicator: 1. DEMO TRADING: Practice extensively with paper trading before risking real money 2. EDUCATION: Thoroughly understand candlestick pattern theory and market dynamics 3. RISK ASSESSMENT: Honestly assess your risk tolerance and financial situation 4. PROFESSIONAL ADVICE: Consult with qualified financial advisors 5. START SMALL: Begin with minimal position sizes to test strategies Red Flags - Do NOT Trade If: • You cannot afford to lose the money you're risking • You're experiencing financial stress or pressure • You're trading emotionally or impulsively • You don't understand the patterns or market mechanics • You're using borrowed money or credit to trade • You're treating trading as gambling rather than calculated risk-taking Emergency Procedures: • STOP TRADING immediately if experiencing significant losses • SEEK HELP if trading is affecting your mental health or relationships • REVIEW STRATEGY after any series of losses • TAKE BREAKS from trading to maintain perspective • PROFESSIONAL HELP: Contact financial counselors if needed Acknowledgment Required By using the Smart Pattern Scanner Pro indicator, you explicitly acknowledge that: 1. You have read and understood this entire disclaimer 2. You accept full responsibility for all trading decisions and outcomes 3. You understand the substantial risks involved in financial trading 4. You will not hold aiTrendview liable for any losses or damages 5. You will use this tool only for educational and personal analysis purposes 6. You will comply with all applicable laws and regulations 7. You will implement appropriate risk management practices 8. You understand that past performance does not predict future results REMEMBER: The most important rule in trading is capital preservation. No pattern, indicator, or strategy is worth risking your financial well-being. ________________________________________ Disclaimer from aiTrendview.com The content provided in this blog post is for educational and training purposes only. It is not intended to be, and should not be construed as, financial, investment, or trading advice. All charting and technical analysis examples are for illustrative purposes. Trading and investing in financial markets involve substantial risk of loss and are not suitable for every individual. Before making any financial decisions, you should consult with a qualified financial professional to assess your personal financial situation.
Pine Script® indicator
by aiTrendview-Charting-System
Quantum Market Analyzer X7Quantum Market Analyzer X7 - Complete Study Guide Table of Contents 1. Overview 2. Indicator Components 3. Signal Interpretation 4. Live Market Analysis Guide 5. Best Practices 6. Limitations and Considerations 7. Risk Disclaimer ________________________________________ Overview The Quantum Market Analyzer X7 is a comprehensive multi-timeframe technical analysis indicator that combines traditional and modern analytical methods. It aggregates signals from multiple technical indicators across seven key analysis categories to provide traders with a consolidated view of market sentiment and potential trading opportunities. Key Features: • Multi-Indicator Analysis: Combines 20+ technical indicators • Real-Time Dashboard: Professional interface with customizable display • Signal Aggregation: Weighted scoring system for overall market sentiment • Advanced Analytics: Includes Order Block detection, Supertrend, and Volume analysis • Visual Progress Indicators: Easy-to-read progress bars for signal strength ________________________________________ Indicator Components 1. Oscillators Section Purpose: Identifies overbought/oversold conditions and momentum changes Included Indicators: • RSI (14): Relative Strength Index - momentum oscillator • Stochastic (14): Compares closing price to price range • CCI (20): Commodity Channel Index - cycle identification • Williams %R (14): Momentum indicator similar to Stochastic • MACD (12,26,9): Moving Average Convergence Divergence • Momentum (10): Rate of price change • ROC (9): Rate of Change • Bollinger Bands (20,2): Volatility-based indicator Signal Interpretation: • Strong Buy (6+ points): Multiple oscillators indicate oversold conditions • Buy (2-5 points): Moderate bullish momentum • Neutral (-1 to 1 points): Balanced conditions • Sell (-2 to -5 points): Moderate bearish momentum • Strong Sell (-6+ points): Multiple oscillators indicate overbought conditions 2. Moving Averages Section Purpose: Determines trend direction and strength Included Indicators: • SMA: 10, 20, 50, 100, 200 periods • EMA: 10, 20, 50 periods Signal Logic: • Price >2% above MA = Strong Buy (+2) • Price above MA = Buy (+1) • Price below MA = Sell (-1) • Price >2% below MA = Strong Sell (-2) Signal Interpretation: • Strong Buy (6+ points): Price well above multiple MAs, strong uptrend • Buy (2-5 points): Price above most MAs, bullish trend • Neutral (-1 to 1 points): Mixed MA signals, consolidation • Sell (-2 to -5 points): Price below most MAs, bearish trend • Strong Sell (-6+ points): Price well below multiple MAs, strong downtrend 3. Order Block Analysis Purpose: Identifies institutional support/resistance levels and breakouts How It Works: • Detects historical levels where large orders were placed • Monitors price behavior around these levels • Identifies breakouts from established order blocks Signal Types: • BULLISH BRK (+2): Breakout above resistance order block • BEARISH BRK (-2): Breakdown below support order block • ABOVE SUP (+1): Price holding above support • BELOW RES (-1): Price rejected at resistance • NEUTRAL (0): No significant order block interaction 4. Supertrend Analysis Purpose: Trend following indicator based on Average True Range Parameters: • ATR Period: 10 (default) • ATR Multiplier: 6.0 (default) Signal Types: • BULLISH (+2): Price above Supertrend line • BEARISH (-2): Price below Supertrend line • NEUTRAL (0): Transition period 5. Trendline/Channel Analysis Purpose: Identifies trend channels and breakout patterns Components: • Dynamic trendline calculation using pivot points • Channel width based on historical volatility • Breakout detection algorithm Signal Types: • UPPER BRK (+2): Breakout above upper channel • LOWER BRK (-2): Breakdown below lower channel • ABOVE MID (+1): Price above channel midline • BELOW MID (-1): Price below channel midline 6. Volume Analysis Purpose: Confirms price movements with volume data Components: • Volume spikes detection • On Balance Volume (OBV) • Volume Price Trend (VPT) • Money Flow Index (MFI) • Accumulation/Distribution Line Signal Calculation: Multiple volume indicators are combined to determine institutional activity and confirm price movements. ________________________________________ Signal Interpretation Overall Summary Signals The indicator aggregates all component signals into an overall market sentiment: Signal Score Range Interpretation Action STRONG BUY 10+ Overwhelming bullish consensus Consider long positions BUY 4-9 Moderate to strong bullish bias Look for long opportunities NEUTRAL -3 to 3 Mixed signals, consolidation Wait for clearer direction SELL -4 to -9 Moderate to strong bearish bias Look for short opportunities STRONG SELL -10+ Overwhelming bearish consensus Consider short positions Progress Bar Interpretation • Filled bars indicate signal strength • Green bars: Bullish signals • Red bars: Bearish signals • More filled bars = stronger conviction ________________________________________ Live Market Analysis Guide Step 1: Initial Assessment 1. Check Overall Summary: Start with the main signal 2. Verify with Component Analysis: Ensure signals align 3. Look for Divergences: Identify conflicting signals Step 2: Timeframe Analysis 1. Set Appropriate Timeframe: Use 1H for intraday, 4H/1D for swing trading 2. Multi-Timeframe Confirmation: Check higher timeframes for trend context 3. Entry Timing: Use lower timeframes for precise entry points Step 3: Signal Confirmation Process For Buy Signals: 1. Oscillators: Look for oversold conditions (RSI <30, Stoch <20) 2. Moving Averages: Price should be above key MAs 3. Order Blocks: Confirm bounce from support levels 4. Volume: Check for accumulation patterns 5. Supertrend: Ensure bullish trend alignment For Sell Signals: 1. Oscillators: Look for overbought conditions (RSI >70, Stoch >80) 2. Moving Averages: Price should be below key MAs 3. Order Blocks: Confirm rejection at resistance levels 4. Volume: Check for distribution patterns 5. Supertrend: Ensure bearish trend alignment Step 4: Risk Management Integration 1. Signal Strength Assessment: Stronger signals = larger position size 2. Stop Loss Placement: Use Order Block levels for stops 3. Take Profit Targets: Based on channel analysis and resistance levels 4. Position Sizing: Adjust based on signal confidence ________________________________________ Best Practices Entry Strategies 1. High Conviction Entries: Wait for STRONG BUY/SELL signals 2. Confluence Trading: Look for multiple components aligning 3. Breakout Trading: Use Order Block and Trendline breakouts 4. Trend Following: Align with Supertrend direction Risk Management 1. Never Risk More Than 2% Per Trade: Regardless of signal strength 2. Use Stop Losses: Place at invalidation levels 3. Scale Positions: Stronger signals warrant larger (but still controlled) positions 4. Diversification: Don't rely solely on one indicator Market Conditions 1. Trending Markets: Focus on Supertrend and MA signals 2. Range-Bound Markets: Emphasize Oscillator and Order Block signals 3. High Volatility: Reduce position sizes, widen stops 4. Low Volume: Be cautious of breakout signals Common Mistakes to Avoid 1. Signal Chasing: Don't enter after signals have already moved significantly 2. Ignoring Context: Consider overall market conditions 3. Overtrading: Wait for high-quality setups 4. Poor Risk Management: Always use appropriate position sizing ________________________________________ Limitations and Considerations Technical Limitations 1. Lagging Nature: All technical indicators are based on historical data 2. False Signals: No indicator is 100% accurate 3. Market Regime Changes: Indicators may perform differently in various market conditions 4. Whipsaws: Possible in choppy, sideways markets Optimal Use Cases 1. Trending Markets: Performs best in clear trending environments 2. Medium to High Volatility: Requires sufficient price movement for signals 3. Liquid Markets: Works best with adequate volume and tight spreads 4. Multiple Timeframe Analysis: Most effective when used across different timeframes When to Use Caution 1. Major News Events: Fundamental analysis may override technical signals 2. Market Opens/Closes: Higher volatility can create false signals 3. Low Volume Periods: Signals may be less reliable 4. Holiday Trading: Reduced participation affects signal quality ________________________________________ Risk Disclaimer IMPORTANT LEGAL DISCLAIMER FROM aiTrendview WARNING: TRADING INVOLVES SUBSTANTIAL RISK OF LOSS This Quantum Market Analyzer X7 indicator ("the Indicator") is provided for educational and informational purposes only. By using this indicator, you acknowledge and agree to the following terms: No Investment Advice • The Indicator does NOT constitute investment advice, financial advice, or trading recommendations • All signals generated are based on historical price data and mathematical calculations • Past performance does not guarantee future results • No representation is made that any account will achieve profits or losses similar to those shown Risk Acknowledgment • TRADING CARRIES SUBSTANTIAL RISK: You may lose some or all of your invested capital • LEVERAGE AMPLIFIES RISK: Margin trading can result in losses exceeding your initial investment • MARKET VOLATILITY: Financial markets are inherently unpredictable and volatile • TECHNICAL ANALYSIS LIMITATIONS: No technical indicator is infallible or guarantees profitable trades User Responsibility • YOU ARE SOLELY RESPONSIBLE for all trading decisions and their consequences • CONDUCT YOUR OWN RESEARCH: Always perform independent analysis before making trading decisions • CONSULT PROFESSIONALS: Seek advice from qualified financial advisors • RISK MANAGEMENT: Implement appropriate risk management strategies No Warranties • The Indicator is provided "AS IS" without warranties of any kind • aiTrendview makes no representations about the accuracy, reliability, or suitability of the Indicator • Technical glitches, data feed issues, or calculation errors may occur • The Indicator may not work as expected in all market conditions Limitation of Liability • aiTrendview SHALL NOT BE LIABLE for any direct, indirect, incidental, or consequential damages • This includes but is not limited to: trading losses, missed opportunities, data inaccuracies, or system failures • MAXIMUM LIABILITY is limited to the amount paid for the indicator (if any) Code Usage and Distribution • This indicator is published on TradingView in accordance with TradingView's house rules • UNAUTHORIZED MODIFICATION or redistribution of this code is prohibited • Users may not claim ownership of this intellectual property • Commercial use requires explicit written permission from aiTrendview Compliance and Regulations • VERIFY LOCAL REGULATIONS: Ensure compliance with your jurisdiction's trading laws • Some trading strategies may not be suitable for all investors • Tax implications of trading are your responsibility • Report trading activities as required by law Specific Risk Factors 1. False Signals: The Indicator may generate incorrect buy/sell signals 2. Market Gaps: Overnight gaps can invalidate technical analysis 3. Fundamental Events: News and economic data can override technical signals 4. Liquidity Risk: Some markets may have insufficient liquidity 5. Technology Risk: Platform failures or connectivity issues may prevent order execution Professional Trading Warning • THIS IS NOT PROFESSIONAL TRADING SOFTWARE: Not intended for institutional or professional trading • NO REGULATORY APPROVAL: This indicator has not been approved by any financial regulatory authority • EDUCATIONAL PURPOSE: Designed primarily for learning technical analysis concepts FINAL WARNING NEVER INVEST MONEY YOU CANNOT AFFORD TO LOSE Trading financial instruments involves significant risk. The majority of retail traders lose money. Before using this indicator in live trading: 1. Practice on paper/demo accounts extensively 2. Start with small position sizes 3. Develop a comprehensive trading plan 4. Implement strict risk management rules 5. Continuously educate yourself about market dynamics By using the Quantum Market Analyzer X7, you acknowledge that you have read, understood, and agree to this disclaimer. You assume full responsibility for all trading decisions and their outcomes. Contact: For questions about this disclaimer or the indicator, contact aiTrendview through official TradingView channels only. ________________________________________ This study guide and indicator are published on TradingView in compliance with TradingView's community guidelines and house rules. All users must adhere to TradingView's terms of service when using this indicator. Document Version: 1.0 Last Updated: September 2025 Publisher: aiTrendview ________________________________________ Disclaimer from aiTrendview.com The content provided in this blog post is for educational and training purposes only. It is not intended to be, and should not be construed as, financial, investment, or trading advice. All charting and technical analysis examples are for illustrative purposes. Trading and investing in financial markets involve substantial risk of loss and are not suitable for every individual. Before making any financial decisions, you should consult with a qualified financial professional to assess your personal financial situation.
Pine Script® indicator
by aiTrendview-Charting-System
Commodity Channel Index DualThe CCI Dual is a custom TradingView indicator built in Pine Script v5, designed to help traders identify potential buy and sell signals using two Commodity Channel Index (CCI) oscillators. It combines a shorter-period CCI (default: 14) for quick momentum detection with a longer-period CCI (default: 50) for confirmation, focusing on mean-reversion opportunities in overbought or oversold conditions. This setup is particularly suited for volatile markets like cryptocurrencies on higher timeframes (e.g., 3-day charts), where it highlights reversals by requiring both CCIs to cross out of extreme zones within a short window (default: 3 bars). The indicator plots the CCIs, customizable bands (inner: 100, OB/OS: 175, outer: 200), dynamic fills for visual emphasis, background highlights for signals, and alert conditions for notifications. How It Works The indicator calculates two CCIs based on user-defined lengths and source (default: close price): CCI Calculation: CCI measures price deviation from its average, using the formula: CCI = (Typical Price - Simple Moving Average) / (0.015 * Mean Deviation). The short CCI reacts faster to price changes, while the long CCI provides smoother, trend-aware confirmation. Overbought/Oversold Levels: Customizable thresholds define extremes (Overbought at +175, Oversold at -175 by default). Bands are plotted at inner (±100), mid (±175 dashed), and outer (±200) levels, with gray fills for the outer zones. Dynamic Fills: The longer CCI is used to shade areas beyond OB/OS levels in red (overbought) or green (oversold) for quick visual cues. Signals: Buy Signal: Triggers when both CCIs cross above the Oversold level (-175) within the signal window (3 bars). This suggests a potential upward reversal from an oversold state. Sell Signal: Triggers when both cross below the Overbought level (+175) within the window, indicating a possible downward reversal. Visuals and Alerts: Buy signals highlight the background green, sells red. Separate alertconditions allow setting TradingView alerts for buys or sells independently. Customization: Adjust lengths, levels, and window via inputs to fit your timeframe or asset—e.g., higher OB/OS for crypto volatility. This logic reduces noise by requiring dual confirmation, but like all oscillators, it can produce false signals in strong trends where prices stay extended. To mitigate false signals (e.g., in trending markets), layer the CCI Dual with MACD (default: 12,26,9) and RSI (default: 14) for multi-indicator confirmation: With MACD: Only take CCI buys if the MACD line is above the signal line (or histogram positive), confirming bullish momentum. For sells, require MACD bearish crossover. This filters counter-trend signals by aligning with trend strength—e.g., ignore CCI sells if MACD shows upward momentum. With RSI: Confirm CCI oversold buys only if RSI is below 30 and rising (or shows bullish divergence). For overbought sells, RSI above 70 and falling. This adds overextension validation, reducing whipsaws in crypto trends. I made this customizable for you to find what works best for your asset you are trading. I trade the 6 hour and 3 day timeframe mainly on major cryptocurrency pairs. I hope you enjoy this script and it serves you well.
Pine Script® indicator
by MonkeyPhone