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Pinbar / Engulf EMA IndicatorThis indicator is built based on the video by ForexSignals TV (no association on my part with them), published on July 5th, 2019 titled "SIMPLE & PROFITABLE Trend-following Forex Trading Strategy!" The basic premiss is to use the 8,13,21 EMAs, make sure they have not crossed in the previous 3 bars, then look for engulfing bars or pinbars for the current direction. Meaning if the trend is up, look for bullish engulfer or pinbars, and bearish ones if the trend is down. Also, the pin must have crossed the 8EMA but not the 21EMA. When determining to act on the signal, the video recommends only executing a buy/sell if the the current trend in the anchor chart is trending in the same direction (trending up only enter buys, trending down, only enter sells). The script overlays a BUY or SELL tag under the bar that meets the above criteria.
Pine Script® indicator
by pocket5s
4
Steroid CCI w/ Overbought & Oversold Alert//@version=2 //By Tantamount //Channel Commodity Index (CCI) with overbought and oversold alert features! Highly configurable indicator that includes a Topography map feature, used to detect & show minute threshold crosses. //CCI is a momentum based technical trading tool used to help determine when an asset is reaching an overbought or oversold condition and is an great alternative to RSI. //This CCI tool comes loaded with features and is easily configurable back to standard CCI or with your own preferences. Customize to your liking: Simple alert signals The full enchilada, with Topo map view! Stand alone CCI oscillator
Pine Script® indicator
by tantamount
3
Multiple MACD RSI simple strategySimple strategy script I've had for a while but looks like I never published. Although it is one of my most simple it seems to have the best profitability. It is pretty rough though. the Stoch RSI has only a little weight to the trade trigger. I'll refine it more over time or you can by all means. Basically the Stoch RSI current K line has to be OVER 40 to trigger a SELL. It has no effect on buy side. The triggers are roughly as follows: Year - since so many assets have gone 2x, 3x, 10x+ since 2013 having a strategy that earns a 500% return from 2013 to now isn't that good if buy-and-holding would have got you 800%. This eliminates some of that noise and makes it a little easier to quickly gauge success. So buy/sell trigger need a value of greater or equal to 2018 (default) MACD 1 - First MACD (short) needs to indicate greater than 0 to buy or less than 0 to sell. MACD 2 - Same as MACD1 but for second MACD set (long) Uptrend - Latest close + high divided by last periods close + high needs to be grater than 1. So if latest is 34.30 close and 34.60 high and previous interval is 34.80 close and 34.82 high, that is 0.99 and will not trigger a buy trade. Downtrend - Same thing but close + low and less than 1. This script/strategy is pretty rough but if there is interest I'll polish it more since it is a pretty solid but simple strategy for most assets.
Pine Script® strategy
by RyanMartin
4
AutoView - Hodl to SodlWrite your own strategy and use Hodl to Sodl to send Alerts for when to buy & sell, and automatically plot your anticipated buys/sells to the chart. A must have for AutoView users. Requires Pine Script coding. Not compatible with "Strategy Tester" tab and "Paper Trading" tab in TradingView. Hodl-Sodl itself is not a strategy. It is a framework for building AutoView strategies. For demonstration purposes, the image featured with this script shows an example of a very simple CCI strategy (and not a very good one), but you would presumably replace that with your own ideas. If you'd like a little help plugging in your own strategy, contact jdhadwin for custom coding.
Pine Script® indicator
by jdhadwin
2
CMYK RMI ARROWS◊ Introduction I started using this script because of its fast reaction, and good tell for buy/sell moments. For larger timescales, the overall trend should be taken into account regarding the levels. In the future i will update this indicator, to automatically adjust those. This is the Overlay expansion of the Indicator Linked below. ◊ Origin The Relative Momentum Index was developed by Roger Altman and was introduced in his article in the February, 1993 issue of Technical Analysis of Stocks & Commodities magazine. While RSI counts up and down days from close to close, the Relative Momentum Index counts up and down days from the close relative to a close x number of days ago. This results in an RSI that is smoother. ◊ Adjustments CMYK color theme applied. Four levels to indicate intensity. Two Timescales, to overview the broader trend, and fast movements. ◊ Usage RMI indicates overbought and oversold zones, and can be used for divergence and trend analysis. ◊ Future Prospects Self adjusting levels, relative to an SMA trend. Alternative RMI, which functions as an overlay. ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ░▒▓█ CMYK ◊ RMI █▓▒░
Pine Script® indicator
by MVPMC
6
Gunbot MACDgenOk this is just some strat based on MACD, checking for a few conditions until giving buy/sell signals to Gunbot via alerts. It is generalized but if you want to go play with the values. I will continue to develop this further and am happy to receive feedback. Notations are coming. Usage notes: -ONLY use this with TV_GAIN: 0.6 because on downtrends it is supposed to double up to pull down the average bought price! -Use "buying condition" and "selling condition" for alerts, trigger on close and I suggest you use 3 min intervals but try what looks good to you -Use this on pairs that are curvy and have atleast 0.6% gain between buy/sell triggers. This is also general advise when you want to take microprofits. -Don't be confused with sell arrows, it will only trigger the bot sell on gain when you've set TV_GAIN
Pine Script® indicator
by Damasta
19
Stock Market Trend Analysis Trading System 101 (by ChartArt)This is a very simple trading system which is measuring the core of uptrends and downtrends using three basic elements: Close price, HL2 price, Pivot price. Depending if the uptrend or downtrend is strong, the buy/sell signals are shown in different colors. The stronger trends are in brighter colors (lime and fuchsia). If the trend just fully changed direction from uptrend to downtrend (or vice versa), there is a background color highlight in the color of the new trend direction. The trend detection should work best on monthly charts. I have created this in under an hour. My goal was to use the least amount of rules possible, therefore there are many false signals and the code is quite lazy. You can lose all your money if you rely on these buy/sell signals!
Pine Script® indicator
by ChartArt
52
Scalp EA for 15 Minute Timeframes and HigherSo I have written this indicator based upon the percentages of the High and the Low of the candlestick with respect to the open price. This indicator by no means tries to find top's and bottom's;however, it does find good opportunities for 5-20 pips reversals or continuations. The signal is provided without delay and should only be based upon the closing of the candle. For example, at open- the indicator will tell you "buy, sell, or remain flat" but you should only buy or sell when the candle has completely closed. Choose whether to use it for scalps, or to set up larger trades with bigger time frames and support or resistance zones. *Warning*- This is untested and will remain untested due my unavailability. Reason behind the coding: As I trader, I like to think that I am always "buying low and selling high"or "selling high and buying low". Throughout my trading experiences, I can tell you that I have done the opposite many times. This indicator helps me in finding opportunities as I have written it to always Sell at the closing price of a green candle and always to buy at the close of a red candle. The indicator makes the attempt to Sell High and Buy Low.
Pine Script® indicator
by TheBulltrader
2
Volume ClusteringThis Volume Clustering script is a powerful tool for analyzing intraday trading dynamics by combining two key metrics: volume Z-Score and Cumulative Volume Delta (CVD). By categorizing market activity into distinct clusters, it helps you identify high-conviction trading opportunities and understand underlying market pressure. How It Works The script operates on a simple, yet effective, premise: it classifies each trading bar based on its statistical significance (volume Z-Score) and buying/selling pressure (CVD). Volume Z-Score The volume Z-Score measures how far the current bar's volume is from its average, helping to identify periods of unusually high or low volume. This metric is a powerful way to spot when institutional or large players might be entering the market. A high Z-Score suggests a significant event is taking place, regardless of direction. Cumulative Volume Delta (CVD) CVD tracks the net buying and selling pressure across different timeframes. The script uses a lower timeframe (e.g., 1-minute) and anchors it to a higher timeframe (e.g., 1-day) to capture intraday pressure. A positive CVD indicates more buying pressure, while a negative CVD suggests more selling pressure. Cluster Categories The script analyzes the confluence of these two metrics to assign a cluster to each bar, providing actionable insights. The clusters are color-coded and labeled to make them easy to interpret: 🟢 High Conviction Bullish: Unusually high volume (high Z-Score) combined with significant buying pressure (high CVD). This cluster suggests strong bullish momentum. 🔴 High Conviction Bearish: Unusually high volume (high Z-Score) coupled with significant selling pressure (low CVD). This cluster suggests strong bearish momentum. 🟡 Low Conviction/Noise: Low to moderate volume and mixed buying/selling pressure. This represents periods of indecision or consolidation, where market noise is more prevalent. 🟣 Other Clusters: The script also identifies other combinations, such as high volume with moderate CVD, or low volume with high CVD, which can provide additional context for understanding market dynamics. Key Features & Customization The script offers several customizable settings to tailor the analysis to your specific trading style: Z-Score Lookback Length: Adjust the lookback period for calculating the average volume. A shorter period focuses on recent volume trends, while a longer period provides a broader context. CVD Anchor & Lower Timeframe: Define the timeframes used for CVD calculation. You can anchor the analysis to a daily or weekly timeframe while using a lower timeframe (e.g., 1-minute) to capture granular intraday pressure. High/Low Volume Mode: Toggle between "High Volume" mode (which uses 90th and 10th percentiles for clustering) and "Low Volume" mode (which uses 75th and 25th percentiles). This allows you to choose whether to focus on extreme events or more subtle shifts in market sentiment.
Pine Script® indicator
by immediatePerso44773
Multiplied and Divided Moving Average ### Multiplied and Divided Moving Average Indicator **Description**: The "Multiplied and Divided Moving Average" indicator is a customizable tool for TradingView users, designed to create dynamic bands around a user-selected moving average (MA). It calculates a moving average (SMA, EMA, WMA, VWMA, or RMA) and generates a user-defined number of lines above and below it by multiplying and dividing the MA by linearly spaced factors. These bands serve as potential support and resistance levels, aiding in trend identification, mean reversion strategies, or breakout detection. Optional Buy/Sell labels appear when the price crosses below the divided MAs (Buy) or above the multiplied MAs (Sell), providing clear visual cues for trading opportunities. **Key Features**: - **Flexible MA Types**: Choose from Simple (SMA), Exponential (EMA), Weighted (WMA), Volume-Weighted (VWMA), or Running (RMA) moving averages. - **Customizable Bands**: Set the number of lines (0–10) above and below the MA, allowing tailored analysis for any market or timeframe. - **Dynamic Factors**: Bands are created using factors that scale linearly from 1 to a user-defined maximum (default: 5.0), creating intuitive overbought/oversold zones. - **Buy/Sell Signals**: Optional labels highlight potential entry (Buy) and exit (Sell) points when the price crosses the bands. - **Clear Visuals**: The main MA is plotted in blue, with green (multiplied) and red (divided) lines using graduated transparency for easy differentiation. **Inputs**: - **MA Type**: Select the moving average type (default: SMA). - **MA Length**: Set the MA period (default: 14). - **Number of Lines Above/Below**: Choose how many bands to plot above and below the MA (default: 4, range: 0–10). - **Max Factor**: Define the largest multiplier/divisor for the outermost bands (default: 5.0). - **Source**: Select the price data for the MA (default: close). - **Show Buy/Sell Labels**: Enable or disable Buy/Sell labels (default: true). **How It Works**: 1. Calculates the chosen moving average based on user inputs. 2. Creates up to 10 lines above the MA (e.g., MA × 2, ×3, ×4, ×5 for `numLines=4`, `maxFactor=5`) and 10 below (e.g., MA ÷ 2, ÷3, ÷4, ÷5). 3. Plots the main MA in blue, multiplied lines in green, and divided lines in red, with transparency increasing for outer bands. 4. If enabled, displays "Buy" labels when the price crosses below any divided MA and "Sell" labels when it crosses above any multiplied MA, positioned at the outermost band. **Use Cases**: - **Trend Analysis**: Use the bands as dynamic support/resistance to confirm trend direction or reversals. - **Mean Reversion**: Identify overbought (near multiplied MAs) or oversold (near divided MAs) conditions. - **Breakout Trading**: Monitor price crossovers of the outermost bands for potential breakout signals. - **Signal Confirmation**: Use Buy/Sell labels for swing trading or to complement other indicators. **How to Use**: 1. Copy the script into TradingView’s Pine Editor. 2. Compile and apply it to your chart (e.g., stocks, forex, crypto). 3. Adjust inputs like `numLines`, `maxFactor`, or `maType` to fit your strategy. 4. Enable `Show Buy/Sell Labels` to visualize trading signals. 5. Test on various timeframes (e.g., 1H, 4H, 1D) and assets to optimize settings. **Example Settings**: - **Swing Trading**: Use `numLines=3`, `maxFactor=4`, `maType=EMA`, `maLength=20` on a 4-hour chart. - **Intraday**: Try `numLines=2`, `maxFactor=3`, `maType=SMA`, `maLength=10` on a 15-minute chart. **Notes**: - **Performance**: Supports up to 20 bands (10 above, 10 below), staying within TradingView’s 64-plot limit. - **False Signals**: In choppy markets, frequent crossovers may occur. Combine with trend filters (e.g., ADX, higher-timeframe MA) to reduce noise. - **Enhancements**: Add alerts via TradingView’s alert system for Buy/Sell signals, or experiment with different `maxFactor` values for volatility. **Limitations**: - Bands are reactive, as they’re based on a moving average, so confirm signals with other indicators. - High `numLines` values may clutter the chart; use 2–4 for clarity. - Signals may lag in fast-moving markets due to the MA’s smoothing effect. This indicator is perfect for traders seeking a customizable, visually clear tool to enhance technical analysis on TradingView. For support, feature requests (e.g., alerts, custom colors), or community discussion, visit TradingView’s forums or contact the script author.
Pine Script® indicator
by bfrahm73
Fixed Range Volume Profile"Distribution of transaction volume by price group (transaction volume by price block)" Instructions for use (Professional Manual) 1. a basic concept By vertical axis (price), shows the cumulative trading volume traded in the segment. The longer the block, the more transactions took place in that price range. Colors distinguish between buying/selling strength (green = buying advantage, red = selling advantage). 2. Key components POC (Point of Control) → Longest block (most traded price segment, "key selling point"). VAH / VAL (Value Area High/Low) → Top/bottom segments where approximately 70% of the total volume is formed. → Role of "Major Support/Resistance". High Capacity Node (HVN) → Significantly higher trading volumes → strong support/resistance. Low Volume Node (LVN) → Low volume section → areas where prices are easily passed. 3. practical application Find Support/Resistance The thickest block (POC) is used as a place where prices often rebound/resist. a trading entry/liquidation strategy Buy if the price is supported near HVN, When breaking through the LVN, fast movement (gap movement) can be expected. break/goal setting Finger = Under the LVN, Target = Next HVN. Judgment of trends When the block distribution is concentrated above, "Increase to Collection Section" If you're driven below, you're "in a downtrend to a variance section." 4. Precautions The volume distribution is "past data based" and is not an indicator of the future. Rather than using it alone, it is more effective to combine with Fibonacci, trend lines, and candle patterns. In particular, in the volatile market, the LVN breakthrough → may signal a surge/fall. In summary, this block indicator is "a map showing the most market participants at any price point". In other words, it is useful for finding support/resistance as a tool for analyzing sales and establishing the basis for trading strategies.
Pine Script® indicator
by xxxbit
Adaptive Rolling Quantile Bands [CHE] Adaptive Rolling Quantile Bands Part 1 — Mathematics and Algorithmic Design Purpose. The indicator estimates distribution‐aware price levels from a rolling window and turns them into dynamic “buy” and “sell” bands. It can work on raw price or on *residuals* around a baseline to better isolate deviations from trend. Optionally, the percentile parameter $q$ adapts to volatility via ATR so the bands widen in turbulent regimes and tighten in calm ones. A compact, latched state machine converts these statistical levels into high-quality discretionary signals. Data pipeline. 1. Choose a source (default `close`; MTF optional via `request.security`). 2. Optionally compute a baseline (`SMA` or `EMA`) of length $L$. 3. Build the *working series*: raw price if residual mode is off; otherwise price minus baseline (if a baseline exists). 4. Maintain a FIFO buffer of the last $N$ values (window length). All quantiles are computed on this buffer. 5. Map the resulting levels back to price space if residual mode is on (i.e., add back the baseline). 6. Smooth levels with a short EMA for readability. Rolling quantiles. Given the buffer $X_{t-N+1..t}$ and a percentile $q\in $, the indicator sorts a copy of the buffer ascending and linearly interpolates between adjacent ranks to estimate: * Buy band $\approx Q(q)$ * Sell band $\approx Q(1-q)$ * Median $Q(0.5)$, plus optional deciles $Q(0.10)$ and $Q(0.90)$ Quantiles are robust to outliers relative to means. The estimator uses only data up to the current bar’s value in the buffer; there is no look-ahead. Residual transform (optional). In residual mode, quantiles are computed on $X^{res}_t = \text{price}_t - \text{baseline}_t$. This centers the distribution and often yields more stationary tails. After computing $Q(\cdot)$ on residuals, levels are transformed back to price space by adding the baseline. If `Baseline = None`, residual mode simply falls back to raw price. Volatility-adaptive percentile. Let $\text{ATR}_{14}(t)$ be current ATR and $\overline{\text{ATR}}_{100}(t)$ its long SMA. Define a volatility ratio $r = \text{ATR}_{14}/\overline{\text{ATR}}_{100}$. The effective quantile is: Smoothing. Each level is optionally smoothed by an EMA of length $k$ for cleaner visuals. This smoothing does not change the underlying quantile logic; it only stabilizes plots and signals. Latched state machines. Two three-step processes convert levels into “latched” signals that only fire after confirmation and then reset: * BUY latch: (1) HLC3 crosses above the median → (2) the median is rising → (3) HLC3 prints above the upper (orange) band → BUY latched. * SELL latch: (1) HLC3 crosses below the median → (2) the median is falling → (3) HLC3 prints below the lower (teal) band → SELL latched. Labels are drawn on the latch bar, with a FIFO cap to limit clutter. Alerts are available for both the simple band interactions and the latched events. Use “Once per bar close” to avoid intrabar churn. MTF behavior and repainting. MTF sourcing uses `lookahead_off`. Quantiles and baselines are computed from completed data only; however, any *intrabar* cross conditions naturally stabilize at close. As with all real-time indicators, values can update during a live bar; prefer bar-close alerts for reliability. Complexity and parameters. Each bar sorts a copy of the $N$-length window (practical $N$ values keep this inexpensive). Typical choices: $N=50$–$100$, $q_0=0.15$–$0.25$, $k=2$–$5$, baseline length $L=20$ (if used), adaptation strength $s=0.2$–$0.7$. Part 2 — Practical Use for Discretionary/Active Traders What the bands mean in practice. The teal “buy” band marks the lower tail of the recent distribution; the orange “sell” band marks the upper tail. The median is your dynamic equilibrium. In residual mode, these tails are deviations around trend; in raw mode they are absolute price percentiles. When ATR adaptation is on, tails breathe with regime shifts. Two core playbooks. 1. Mean-reversion around a stable median. * Context: The median is flat or gently sloped; band width is relatively tight; instrument is ranging. * Entry (long): Look for price to probe or close below the buy band and then reclaim it, especially after HLC3 recrosses the median and the median turns up. * Stops: Place beyond the most recent swing low or $1.0–1.5\times$ ATR(14) below entry. * Targets: First scale at the median; optional second scale near the opposite band. Trail with the median or an ATR stop. * Symmetry: Mirror the rules for shorts near the sell band when the median is flat to down. 2. Continuation with latched confirmations. * Context: A developing trend where you want fewer but cleaner signals. * Entry (long): Take the latched BUY (3-step confirmation) on close, or on the next bar if you require bar-close validation. * Invalidation: A close back below the median (or below the lower band in strong trends) negates momentum. * Exits: Trail under the median for conservative exits or under the teal band for trend-following exits. Consider scaling at structure (prior swing highs) or at a fixed $R$ multiple. Parameter guidance by timeframe. * Scalping / LTF (1–5m): $N=30$–$60$, $q_0=0.20$, $k=2$–3, residual mode on, baseline EMA $L=20$, adaptation $s=0.5$–0.7 to handle micro-vol spikes. Expect more signals; rely on latched logic to filter noise. * Intraday swing (15–60m): $N=60$–$100$, $q_0=0.15$–0.20, $k=3$–4. Residual mode helps but is optional if the instrument trends cleanly. $s=0.3$–0.6. * Swing / HTF (4H–D): $N=80$–$150$, $q_0=0.10$–0.18, $k=3$–5. Consider `SMA` baseline for smoother residuals and moderate adaptation $s=0.2$–0.4. Baseline choice. Use EMA for responsiveness (fast trend shifts) and SMA for stability (smoother residuals). Turning residual mode on is advantageous when price exhibits persistent drift; turning it off is useful when you explicitly want absolute bands. How to time entries. Prefer bar-close validation for both band recaptures and latched signals. If you must act intrabar, accept that crosses can “un-cross” before close; compensate with tighter stops or reduced size. Risk management. Position size to a fixed fractional risk per trade (e.g., 0.5–1.0% of equity). Define invalidation using structure (swing points) plus ATR. Avoid chasing when distance to the opposite band is small; reward-to-risk degrades rapidly once you are deep inside the distribution. Combos and filters. * Pair with a higher-timeframe median slope as a regime filter (trade only in the direction of the HTF median). * Use band width relative to ATR as a range/trend gauge: unusually narrow bands suggest compression (mean-reversion bias); expanding bands suggest breakout potential (favor latched continuation). * Volume or session filters (e.g., avoid illiquid hours) can materially improve execution. Alerts for discretion. Enable “Cross above Buy Level” / “Cross below Sell Level” for early notices and “Latched BUY/SELL” for conviction entries. Set alerts to “Once per bar close” to avoid noise. Common pitfalls. Do not interpret band touches as automatic signals; context matters. A strong trend will often ride the far band (“band walking”) and punish counter-trend fades—use the median slope and latched logic to separate trend from range. Do not oversmooth levels; you will lag breaks. Do not set $q$ too small or too large; extremes reduce statistical meaning and practical distance for stops. A concise checklist. 1. Is the median flat (range) or sloped (trend)? 2. Is band width expanding or contracting vs ATR? 3. Are we near the tail level aligned with the intended trade? 4. For continuation: did the 3 steps for a latched signal complete? 5. Do stops and targets produce acceptable $R$ (≥1.5–2.0)? 6. Are you trading during liquid hours for the instrument? Summary. ARQB provides statistically grounded, regime-aware bands and a disciplined, latched confirmation engine. Use the bands as objective context, the median as your equilibrium line, ATR adaptation to stay calibrated across regimes, and the latched logic to time higher-quality discretionary entries. Disclaimer No indicator guarantees profits. Adaptive Rolling Quantile Bands is a decision aid; always combine with solid risk management and your own judgment. Backtest, forward test, and size responsibly. The content provided, including all code and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell any financial instrument, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context. Any results from strategies or tools provided are hypothetical, and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and may not be suitable for all individuals. Before making any trading decisions, please consult with a qualified financial professional to understand the risks involved. By using this script, you acknowledge and agree that any trading decisions are made solely at your discretion and risk. Enhance your trading precision and confidence 🚀 Best regards Chervolino
Pine Script® indicator
by chervolino
Strong Trend CandlesThis indicator highlights trend candles using a mathematically grounded method designed to identify moments when the market is truly dominated by buyers or sellers Up-Trend Candle (UP): The open is close to the session’s low. The close is close to the session’s high. This structure reflects sustained bullish control from start to finish. Down-Trend Candle (DOWN): The open is near the high. The close is near the low. This reflects clear bearish control throughout the session. Precise Definitions Used: UP-Trend Candle: Open ≤ Low + 10% of range Close ≥ High - 20% of range DOWN-Trend Candle: Open ≥ High - 10% of range Close ≤ Low + 20% of range Here, the range is simply High - Low. Why are the thresholds different (10% vs 20%)? This is intentional and based on how markets behave: The opening price tends to be precise and stable in trend days. A strong trending candle usually opens very close to one end (high or low), reflecting a clean start without hesitation. The closing price, however, often pulls back slightly before the end of the session—even during strong trends—due to profit-taking or last-minute volatility. That’s why the close is allowed more tolerance (20%), while the open is held to a stricter threshold (10%). This balance allows the indicator to be strict enough to filter noise, yet flexible enough to capture real trends. ✅ Why this is useful Unlike vague candle patterns like "bullish engulfing" or "marubozu," this method focuses strictly on structure and positioning, not color or subjective shape. It isolates the candles where one side clearly dominated, offering cleaner entries for breakout, continuation, or confirmation strategies. You can use this tool to: Spot high-momentum price action Confirm breakouts or directional bias Filter setups based on strong market conviction 🔹 How it works An Up-Trend Candle is detected when the open is close to the daily low and the close is close to the daily high. A Down-Trend Candle is detected when the open is close to the daily high and the close is close to the daily low. The thresholds for “close to high/low” are configurable through the Open % of Range and Close % of Range inputs. 🔹 How to use it Candles are colored according to their classification. Colors can be customized in the settings. This tool can be applied in any timeframe. ⚠️ Notes: This script does not generate buy/sell signals. It is designed to help visualize strong candles based on intraday range conditions.
Pine Script® indicator
by sabinaGM
IBS markerIndicator Description This indicator provides a detailed analysis of the structure and volatility of each candlestick. It is designed to help traders better understand the balance between buying and selling pressure within individual bars, as well as the short-term volatility environment. 📌 Features Candlestick Structure Analysis Calculates the relative percentage of the upper wick, lower wick, and real body of each candle. Helps traders visually and numerically evaluate whether a candle is dominated by bullish, bearish, or indecisive pressure. IBS (Intraday Bar Strength) Computes the Intraday Bar Strength value, showing where the close is located relative to the high-low range. A high IBS indicates strong closing near the high, while a low IBS indicates weakness near the low. Range Measurements Displays the candlestick range in both price units and ticks. Useful for traders who need precise range data for scalping or range-based strategies. ATR (Average True Range) Volatility Filter ATR is included with a configurable period setting. Provides a contextual measure of volatility, helping traders compare current bar size against recent market behavior. Dynamic Chart Labels Key values (such as wick percentages, IBS, and range) are displayed directly on the chart through dynamic labels. This allows for quick interpretation without opening extra panels or indicators. 📈 How to Use Add the indicator to any chart and configure the settings (ATR period, label visibility, etc.) according to your trading style. Use wick/body ratios to spot candles with unusual buying/selling pressure. Combine IBS with ATR to identify potential exhaustion or continuation setups. The dynamic labels are best used on lower timeframes for scalpers, but they can also provide insights on higher timeframes for swing traders. 🔍 Practical Applications Identify reversal candles where one wick dominates. Measure strength of breakouts by comparing candle body % and IBS values. Detect volatility shifts by monitoring when bar ranges deviate from the ATR baseline. Support scalping strategies that rely on tick-based range detection. ✅ Notes This is a standalone indicator and does not require any other script to function. Works on all markets (stocks, futures, forex, crypto). For best results, use in conjunction with price action analysis or your preferred trading strategy.
Pine Script® indicator
by nnbkxq
IBS_WickandBody_ATRIndicator Description This indicator provides a detailed analysis of the structure and volatility of each candlestick. It is designed to help traders better understand the balance between buying and selling pressure within individual bars, as well as the short-term volatility environment. 📌 Features Candlestick Structure Analysis Calculates the relative percentage of the upper wick, lower wick, and real body of each candle. Helps traders visually and numerically evaluate whether a candle is dominated by bullish, bearish, or indecisive pressure. IBS (Intraday Bar Strength) Computes the Intraday Bar Strength value, showing where the close is located relative to the high-low range. A high IBS indicates strong closing near the high, while a low IBS indicates weakness near the low. Range Measurements Displays the candlestick range in both price units and ticks. Useful for traders who need precise range data for scalping or range-based strategies. ATR (Average True Range) Volatility Filter ATR is included with a configurable period setting. Provides a contextual measure of volatility, helping traders compare current bar size against recent market behavior. Dynamic Chart Labels Key values (such as wick percentages, IBS, and range) are displayed directly on the chart through dynamic labels. This allows for quick interpretation without opening extra panels or indicators. 📈 How to Use Add the indicator to any chart and configure the settings (ATR period, label visibility, etc.) according to your trading style. Use wick/body ratios to spot candles with unusual buying/selling pressure. Combine IBS with ATR to identify potential exhaustion or continuation setups. The dynamic labels are best used on lower timeframes for scalpers, but they can also provide insights on higher timeframes for swing traders. 🔍 Practical Applications Identify reversal candles where one wick dominates. Measure strength of breakouts by comparing candle body % and IBS values. Detect volatility shifts by monitoring when bar ranges deviate from the ATR baseline. Support scalping strategies that rely on tick-based range detection. ✅ Notes This is a standalone indicator and does not require any other script to function. Works on all markets (stocks, futures, forex, crypto). For best results, use in conjunction with price action analysis or your preferred trading strategy.
Pine Script® indicator
by nnbkxq
Hurst Exponent Adaptive Filter (HEAF) [PhenLabs]📊 PhenLabs - Hurst Exponent Adaptive Filter (HEAF) Version: PineScript™ v6 📌 Description The Hurst Exponent Adaptive Filter (HEAF) is an advanced Pine Script indicator designed to dynamically adjust moving average calculations based on real time market regimes detected through the Hurst Exponent. The intention behind the creation of this indicator was not a buy/sell indicator but rather a tool to help sharpen traders ability to distinguish regimes in the market mathematically rather than guessing. By analyzing price persistence, it identifies whether the market is trending, mean-reverting, or exhibiting random walk behavior, automatically adapting the MA length to provide more responsive alerts in volatile conditions and smoother outputs in stable ones. This helps traders avoid false signals in choppy markets and capitalize on strong trends, making it ideal for adaptive trading strategies across various timeframes and assets. Unlike traditional moving averages, HEAF incorporates fractal dimension analysis via the Hurst Exponent to create a self-tuning filter that evolves with market conditions. Traders benefit from visual cues like color coded regimes, adaptive bands for volatility channels, and an information panel that suggests appropriate strategies, enhancing decision making without constant manual adjustments by the user. 🚀 Points of Innovation Dynamic MA length adjustment using Hurst Exponent for regime-aware filtering, reducing lag in trends and noise in ranges. Integrated market regime classification (trending, mean-reverting, random) with visual and alert-based notifications. Customizable color themes and adaptive bands that incorporate ATR for volatility-adjusted channels. Built-in information panel providing real-time strategy recommendations based on detected regimes. Power sensitivity parameter to fine-tune adaptation aggressiveness, allowing personalization for different trading styles. Support for multiple MA types (EMA, SMA, WMA) within an adaptive framework. 🔧 Core Components Hurst Exponent Calculation: Computes the fractal dimension of price series over a user-defined lookback to detect market persistence or anti-persistence. Adaptive Length Mechanism: Maps Hurst values to MA lengths between minimum and maximum bounds, using a power function for sensitivity control. Moving Average Engine: Applies the chosen MA type (EMA, SMA, or WMA) to the adaptive length for the core filter line. Adaptive Bands: Creates upper and lower channels using ATR multiplied by a band factor, scaled to the current adaptive length. Regime Detection: Classifies market state with thresholds (e.g., >0.55 for trending) and triggers alerts on regime changes. Visualization System: Includes gradient fills, regime-colored MA lines, and an info panel for at-a-glance insights. 🔥 Key Features Regime-Adaptive Filtering: Automatically shortens MA in mean-reverting markets for quick responses and lengthens it in trends for smoother signals, helping traders stay aligned with market dynamics. Custom Alerts: Notifies on regime shifts and band breakouts, enabling timely strategy adjustments like switching to trend-following in bullish regimes. Visual Enhancements: Color-coded MA lines, gradient band fills, and an optional info panel that displays market state and trading tips, improving chart readability. Flexible Settings: Adjustable lookback, min/max lengths, sensitivity power, MA type, and themes to suit various assets and timeframes. Band Breakout Signals: Highlights potential overbought/oversold conditions via ATR-based channels, useful for entry/exit timing. 🎨 Visualization Main Adaptive MA Line: Plotted with regime-based colors (e.g., green for trending) to visually indicate market state and filter position relative to price. Adaptive Bands: Upper and lower lines with gradient fills between them, showing volatility channels that widen in random regimes and tighten in trends. Price vs. MA Fills: Color-coded areas between price and MA (e.g., bullish green above MA in trending modes) for quick trend strength assessment. Information Panel: Top-right table displaying current regime (e.g., "Trending Market") and strategy suggestions like "Follow trends" or "Trade ranges." 📖 Usage Guidelines Core Settings Hurst Lookback Period Default: 100 Range: 20-500 Description: Sets the period for Hurst Exponent calculation; longer values provide more stable regime detection but may lag, while shorter ones are more responsive to recent changes. Minimum MA Length Default: 10 Range: 5-50 Description: Defines the shortest possible adaptive MA length, ideal for fast responses in mean-reverting conditions. Maximum MA Length Default: 200 Range: 50-500 Description: Sets the longest adaptive MA length for smoothing in strong trends; adjust based on asset volatility. Sensitivity Power Default: 2.0 Range: 1.0-5.0 Description: Controls how aggressively the length adapts to Hurst changes; higher values make it more sensitive to regime shifts. MA Type Default: EMA Options: EMA, SMA, WMA Description: Chooses the moving average calculation method; EMA is more responsive, while SMA/WMA offer different weighting. 🖼️ Visual Settings Show Adaptive Bands Default: True Description: Toggles visibility of upper/lower bands for volatility channels. Band Multiplier Default: 1.5 Range: 0.5-3.0 Description: Scales band width using ATR; higher values create wider channels for conservative signals. Show Information Panel Default: True Description: Displays regime info and strategy tips in a top-right panel. MA Line Width Default: 2 Range: 1-5 Description: Adjusts thickness of the main MA line for better visibility. Color Theme Default: Blue Options: Blue, Classic, Dark Purple, Vibrant Description: Selects color scheme for MA, bands, and fills to match user preferences. 🚨 Alert Settings Enable Alerts Default: True Description: Activates notifications for regime changes and band breakouts. ✅ Best Use Cases Trend-Following Strategies: In detected trending regimes, use the adaptive MA as a trailing stop or entry filter for momentum trades. Range Trading: During mean-reverting periods, monitor band breakouts for buying dips or selling rallies within channels. Risk Management in Random Markets: Reduce exposure when random walk is detected, using tight stops suggested in the info panel. Multi-Timeframe Analysis: Apply on higher timeframes for regime confirmation, then drill down to lower ones for entries. Volatility-Based Entries: Use upper/lower band crossovers as signals in adaptive channels for overbought/oversold trades. ⚠️ Limitations Lagging in Transitions: Regime detection may delay during rapid market shifts, requiring confirmation from other tools. Not a Standalone System: Best used in conjunction with other indicators; random regimes can lead to whipsaws if traded aggressively. Parameter Sensitivity: Optimal settings vary by asset and timeframe, necessitating backtesting. 💡 What Makes This Unique Hurst-Driven Adaptation: Unlike static MAs, it uses fractal analysis to self-tune, providing regime-specific filtering that's rare in standard indicators. Integrated Strategy Guidance: The info panel offers actionable tips tied to regimes, bridging analysis and execution. Multi-Regime Visualization: Combines adaptive bands, colored fills, and alerts in one tool for comprehensive market state awareness. 🔬 How It Works Hurst Exponent Computation: Calculates log returns over the lookback period to derive the rescaled range (R/S) ratio. Normalizes to a 0-1 value, where >0.55 indicates trending, <0.45 mean-reverting, and in-between random. Length Adaptation: Maps normalized Hurst to an MA length via a power function, clamping between min and max. Applies the selected MA type to close prices using this dynamic length. Visualization and Signals: Plots the MA with regime colors, adds ATR-based bands, and fills areas for trend strength. Triggers alerts on regime changes or band crosses, with the info panel suggesting strategies like momentum riding in trends. 💡 Note: For optimal results, backtest settings on your preferred assets and combine with volume or momentum indicators. Remember, no indicator guarantees profits—use with proper risk management. 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Pine Script® indicator
by PhenLabs
2
Hunting Bollinger Bands for scalping📌 Bollinger Band Reversal BUY/SELL Indicator Name: Hunting Bollinger Bands for scalping Purpose: Displays reversal signals for short-term scalping in range-bound markets. Target Users: Scalpers and day traders, especially for trading Gold (XAU/USD). Recommended Target: Works well for scalping approximately $3 price movements on Gold. Core Logic: Detects excessive price deviation using Bollinger Bands (±2σ). Filters out excessive signals with a bar interval limiter. Displays clear and simple BUY/SELL labels for entry timing. 📌 Signal Conditions BUY Price closes below the Lower Bollinger Band. At least the specified number of bars has passed since the previous signal. Displays a “BUY” label below the bar. SELL Price closes above the Upper Bollinger Band. At least the specified number of bars has passed since the previous signal. Displays a “SELL” label above the bar. 📌 Parameters Parameter Description Default Bollinger Band Length (bbLength) Period for Bollinger Band calculation 20 Standard Deviation (bbStdDev) Standard deviation multiplier for band width 2.0 Signal Interval (barLimit) Minimum bar interval to avoid repeated signals 10 📌 How to Use Add the indicator to your chart; Bollinger Bands and BUY/SELL labels will appear. When a signal appears, confirm price reaction and enter a scalp trade (around $3 for Gold is recommended). Adjust the “Signal Interval (barLimit)” to control signal frequency. Avoid using it during high-impact news events or strong trending markets. 📌 Best Market Conditions Range-bound markets Scalping small price movements (~$3) Low-volatility sessions (e.g. Asian session for Gold) 📌 Notes May generate frequent signals during strong trends, leading to potential losses. Can be combined with other indicators (e.g. 200 MA, RSI, VWAP) for higher accuracy. Signals are for reference only and should not be used as the sole trading decision factor. 📌 ボリンジャーバンド逆張りBUY/SELL インジケーター解説 名前：Hunting Bollinger Bands for scalping 目的：レンジ相場での短期的な反発を狙った逆張りシグナルを表示 対象ユーザー：スキャルピングやデイトレードで、特にゴールド(XAU/USD)での小幅な値動きを狙うトレーダー 推奨利幅：ゴールドでおよそ 3ドル前後 を目安にスキャルピングを行うと有効 メインロジック： ボリンジャーバンド（±2σ）で過剰な価格乖離を検出 バー間隔フィルターで過剰シグナルを制御 BUY/SELLラベルで視覚的にシンプルなエントリーポイントを表示 📌 シグナル条件 BUY（買いシグナル） 現在価格が ボリンジャーバンド下限（Lower Band）を下回った時 前回シグナルから指定したバー数以上経過 この条件を満たした場合、ローソク足下に「BUY」ラベルを表示します。 SELL（売りシグナル） 現在価格が ボリンジャーバンド上限（Upper Band）を上回った時 前回シグナルから指定したバー数以上経過 この条件を満たした場合、ローソク足上に「SELL」ラベルを表示します。 📌 パラメータ 項目 説明 初期値 ボリンジャーバンド期間 (bbLength) ボリンジャーバンド計算の期間 20 標準偏差 (bbStdDev) バンド幅を決める標準偏差 2.0 シグナル間隔 (barLimit) シグナルの連続表示を防止する最小バー間隔 10 📌 使い方 インジケーターをチャートに追加すると、ボリンジャーバンドとBUY/SELLラベルが表示されます シグナルが出たら、反発確認後にスキャルピングエントリー（ゴールドなら約3ドルを目安に） 「シグナル間隔（barLimit）」を調整して、シグナルの過剰表示を防ぐ 経済指標発表や強いトレンド発生時は使用を控える 📌 このインジケーターが向いている相場 レンジ相場 小さな値幅（約3ドル前後）を狙うスキャルピング トレンドが弱い横ばいの時間帯（例：アジア時間のゴールドなど） 📌 注意点 強いトレンド相場では、逆張りシグナルが連続的に発生し、損切りが増える可能性あり 200MAやRSI、VWAPなど他の指標と組み合わせることで精度を高められる シグナルは参考用であり、単独での売買判断は推奨されない
Pine Script® indicator
by hrak22
TFO + ADX with Histogram & SignalTrend Flow Oscillator (TFO + ADX) – Histogram + Signal This version of the original TFO+ADX introduces a MACD-style histogram and signal line overlay for clearer momentum and trend visualization. The Trend Flow Oscillator (TFO+ADX) blends two powerful volume-based tools — the Money Flow Index (MFI) and Chaikin Money Flow (CMF) — along with a normalized Average Directional Index (ADX). The result is a comprehensive momentum and trend strength tool that offers a more precise read on when markets are gaining or losing conviction. ⸻ How It Works 1.Money Flow Index (MFI) • Measures volume-weighted buying/selling pressure using price and volume. • Scaled between –1 and +1 for visual clarity. 2.Chaikin Money Flow (CMF) • Evaluates volume distribution over time — institutional buying (accumulation) or selling (distribution). • Also scaled between –1 and +1. 3.TFO Composite Line • Combines MFI and CMF into a single flow reading. • A signal line (EMA) tracks the trend of this flow. • A histogram plots the difference between the TFO and its signal, giving clear signals on shifts in momentum. 4.Normalized ADX Overlay • Shows trend strength on the same scale (–1 to +1). • ADX > 0 indicates strong trending conditions. • ADX < 0 signals weak or consolidating conditions. ⸻ Visual Interpretation 1. Histogram Bars • Green: TFO is above the signal line → bullish momentum accelerating • Red: TFO is below the signal line → bearish momentum building • Bar height represents the strength of the momentum shift 2. Signal Line • Tracks the smoothed trend of the TFO composite • Histogram crossing above or below zero reflects momentum crossover and can act as entry or exit signals 3. TFO Raw Line (Optional) • Still available for reference alongside the histogram • Shows the unsmoothed blended money flow direction (MFI + CMF) 4. Extreme Zones • Background shading appears when TFO exceeds ±1.0 • Helps highlight areas of stretched or unsustainable momentum, useful for spotting potential reversals or exhaustion
Pine Script® indicator
by VP_Futures