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Smart Breadth [smartcanvas]Overview This indicator is a market breadth analysis tool focused on the S&P 500 index. It visualizes the percentage of S&P 500 constituents trading above their 50-day and 200-day moving averages, integrates the McClellan Oscillator for advance-decline analysis, and detects various breadth-based signals such as thrusts, divergences, and trend changes. The indicator is displayed in a separate pane and provides visual cues, a summary label with tooltip, and alert conditions to highlight potential market conditions. The tool uses data symbols like S5FI (percentage above 50-day MA), S5TH (percentage above 200-day MA), ADVN/DECN (S&P advances/declines), and optionally NYSE advances/declines for certain calculations. If primary data is unavailable, it falls back to calculated breadth from advance-decline ratios. This indicator is intended for educational and analytical purposes to help users observe market internals. My intention was to pack in one indicator things you will only find in a few. It does not provide trading signals as financial advice, and users are encouraged to use it in conjunction with their own research and risk management strategies. No performance guarantees are implied, and historical patterns may not predict future market behavior. Key Components and Visuals Plotted Lines: Aqua line: Percentage of S&P 500 stocks above their 50-day MA. Purple line: Percentage of S&P 500 stocks above their 200-day MA. Optional orange line (enabled via "Show Momentum Line"): 10-day momentum of the 50-day MA breadth, shifted by +50 for scaling. Optional line plot (enabled via "Show McClellan Oscillator"): McClellan Oscillator, colored green when positive and red when negative. Can use actual scale or normalized to fit breadth percentages (0-100). Horizontal Levels: Dotted green at 70%: "Strong" level. Dashed green at user-defined green threshold (default 60%): "Buy Zone". Dashed yellow at user-defined yellow threshold (default 50%): "Neutral". Dotted red at 30%: "Oversold" level. Optional dotted lines for McClellan (when shown and not using actual scale): Overbought (red), Oversold (green), and Zero (gray), scaled to fit. Background Coloring: Green shades for bullish/strong bullish states. Yellow for neutral. Orange for caution. Red for bearish. Signal Shapes: Rocket emoji (🚀) at bottom for Zweig Breadth Thrust trigger. Green circle at bottom for recovery signal. Red triangle down at top for negative divergence warning. Green triangle up at bottom for positive divergence. Light green triangle up at bottom for McClellan oversold bounce. Green diamond at bottom for capitulation signal. Summary Label (Right Side): Displays current action (e.g., "BUY", "HOLD") with emoji, breadth percentages with colored circles, McClellan value with emoji, market state, risk/reward stars, and active signals. Hover tooltip provides detailed breakdown: action priority, breadth metrics, McClellan status, momentum/trend, market state, active signals, data quality, thresholds, recent changes, and a general recommendation category. Calculations and Logic Breadth Percentages: Derived from S5FI/S5TH or calculated from advances/(advances + declines) * 100, with fallback adjustments. McClellan Oscillator: Difference between fast (default 19) and slow (default 39) EMAs of net advances (advances - declines). Momentum: 10-day change in 50-day MA breadth percentage. Trend Analysis: Counts consecutive rising days in breadth to detect upward trends. Breadth Thrust (Zweig): 10-day EMA of advances/total issues crossing from below a bottom level (default 40) to above a top level (default 61.5). Can use S&P or NYSE data. Divergences: Compares S&P 500 price highs/lows with breadth or McClellan over a lookback period (default 20) to detect positive (bullish) or negative (bearish) divergences. Market States: Determined by breadth levels relative to thresholds, trend direction, and McClellan conditions (e.g., strong bullish if above green threshold, rising, and McClellan supportive). Actions: Prioritized logic (0-10) selects an action like "BUY" or "AVOID LONGS" based on signals, states, and conditions. Higher priority (e.g., capitulation at 10) overrides lower ones. Alerts: Triggered on new occurrences of key conditions, such as breadth thrust, divergences, state changes, etc. Input Parameters The indicator offers customization through grouped inputs, but the use of defaults is encouraged. Usage Notes Add the indicator to a chart of any symbol (though designed around S&P 500 data; works best on daily or higher timeframes). Monitor the label and tooltip for a consolidated view of conditions. Set up alerts for specific events. This script relies on external security requests, which may have data availability issues on certain exchanges or timeframes. The fallback mechanism ensures continuity but may differ slightly from primary sources. Disclaimer This indicator is provided for informational and educational purposes only. It does not constitute investment advice, financial recommendations, or an endorsement of any trading strategy. Market conditions can change rapidly, and users should not rely solely on this tool for decision-making. Always perform your own due diligence, consult with qualified professionals if needed, and be aware of the risks involved in trading. The author and TradingView are not responsible for any losses incurred from using this script.
Pine Script® indicator
by marsrides
1
Trend Score with Dynamic Stop Loss HTF How the Trend Score System Works This indicator uses a Trend Score (TS) to measure price momentum over time. It tracks whether price is breaking higher or lower, then sums these moves into a cumulative score to define trend direction. ⸻ 1. Trend Score (+1 / -1 Mechanism) On each new bar: • +1 point: if the current bar breaks the previous bar’s high. • −1 point: if the current bar breaks the previous bar’s low. • If both happen in the same bar, they cancel each other out. • If neither happens, the score does not change. This creates a simple running measure of bullish vs bearish pressure. ⸻ 2. Cumulative Trend Score The Trend Score is cumulative, meaning each new +1 or -1 is added to the total score, building a continuous count. • Rising scores = buyers are consistently pushing price to higher highs. • Falling scores = sellers are consistently pushing price to lower lows. This smooths out noise and helps identify persistent momentum rather than single-bar spikes. ⸻ 3. Trend Flip Trigger (default = 3) A trend flip occurs when the cumulative Trend Score changes by 3 points (default setting) in the opposite direction of the current trend. • Bullish Flip: • Cumulative TS rises 3 points from its most recent low pivot. • Marks a potential start of a new uptrend. • A bullish stop-loss (SL) is set at the most recent swing low. • Bearish Flip: • Cumulative TS falls 3 points from its most recent high pivot. • Marks a potential start of a new downtrend. • A bearish SL is set at the most recent swing high. Example: • TS is at -2, then climbs to +1. • That’s a +3 change, triggering a bullish flip. ⸻ 4. Visual Summary • Green background: Active bullish trend. • Red background: Active bearish trend. • ▲ Triangle Up: A bullish flip occurred this bar. • Stop Loss Line: Shows the structural low used for risk management. ⸻ Why This Matters The Trend Score measures trend pressure simply and objectively: • +1 / -1 mechanics track real price behavior (breakouts of highs and lows). • Cumulative changes of 3 points act like a momentum filter, ignoring small reversals. • This helps you see true regime shifts on higher timeframes, which is especially useful for swing trades and investing decisions. ⸻ Key Takeaways • Only flips after meaningful swings: prevents overreacting to single-bar noise. • SL shows invalidation point: helps you know where a trend thesis fails. • Works best on Daily or Weekly charts: for smoother, more reliable signals. Using Trend Score for Long-Term Investing This indicator is designed to support decision-making for higher timeframe investing, such as swing trades, multi-month positions, or even multi-year holds. It helps you: • Identify major bullish regimes. • Decide when to add to winning positions (DCA up). • Know when to pause buying or consider trimming during weak periods. • Stay disciplined while holding long-term winners. Important Note: These are suggestions for context. Always combine them with your own analysis, portfolio allocation rules, and risk tolerance. ⸻ 1. Start With the Higher Timeframe • Use Weekly charts for a broad investing view. • Use Daily charts only for fine-tuning entry points or deciding when to add. • A Bullish Flip on Weekly suggests the market may be entering a major uptrend. • If Weekly is bullish and Daily also turns bullish, it’s extra confirmation of strength. ⸻ 2. Building a Position with DCA Goal: Grow your position gradually during strong bullish regimes while staying aware of risk. A. Initial Buy • Start with a small initial allocation when a Bullish Flip appears on Weekly or Daily. • This is just a starter position to get exposure while the new trend develops. B. Adding Through Strength (DCA Up) • Consider adding during pullbacks, as long as price stays above the active SL line. • Each add should be smaller or equal to your first buy. • Spread out adds over time or price levels, instead of going all-in at once. C. Pause Buying When: • Price approaches or touches the SL level (trend invalidation). • A Bearish Flip appears on Weekly or Daily — this signals potential weakness. • Your total position size reaches your maximum allocation limit for that asset. ⸻ 3. Holding Winners When a position grows in profit: • Stay in the trend as long as the Weekly regime remains bullish. • The indicator’s green background acts as a reminder to hold, not panic sell. • Use the SL bubble to monitor where the trend could potentially break. • Avoid selling just because of small pullbacks — focus on big-picture trend health. ⸻ 4. Taking Partial Profits While this tool is designed to help hold long-term winners, there may be times to lighten risk: • After large, rapid moves far above the SL, consider trimming a small portion of your position. • When MFE (Maximum Favorable Excursion) in the table reaches unusually high levels, it may signal overextension. • If the Weekly chart turns Neutral or Bearish, you can gradually reduce exposure while waiting for the next Bullish Flip. ⸻ 5. Using the Stop Loss Line for Awareness The Dynamic SL line represents a structural level that, if broken, may suggest the bullish trend is weakening. How to think about it: • Above SL: Market remains structurally healthy — continue holding or adding gradually. • Close to SL: Pause adds. Be cautious and consider tightening your risk. • Below SL: Treat this as a potential signal to reassess your position, especially if the break is confirmed on Weekly. The SL is not a hard stop — it’s a visual guide to help you manage expectations. ⸻ 6. Example Use Case Imagine you are investing in a growth stock: • Weekly Bullish Flip: You open a small starter position. • Price pulls back slightly but stays above SL: You add a second, smaller tranche. • Trend continues up for months: You hold and stop adding once your desired allocation is reached. • Price doubles: You trim 10–20% to lock some profits, but continue holding the majority. • Price later dips below SL: You slow down, reassess, and decide whether to reduce exposure. This keeps you: • Participating in major uptrends. • Avoiding overcommitment during weak phases. • Making adjustments gradually, not emotionally. ⸻ 7. Suggested Workflow 1. Check Weekly chart → is it Bullish? 2. If yes, review Daily chart to fine-tune entry or adds. 3. Build exposure gradually while Weekly remains bullish. 4. Watch SL bubbles as awareness points for risk management. 5. Use partial trims during big rallies, but avoid exiting entirely too soon. 6. Reassess if Weekly turns Neutral or Bearish. ⸻ Key Takeaways • Use this as a compass, not a command system. • Weekly flips = big picture direction. • Daily flips = timing and precision. • Add gradually (DCA) while above SL, pause near SL, reassess below SL. • Hold winners as long as Weekly remains bullish.
Pine Script® indicator
by DeLeBlanc
FibADX MTF Dashboard — DMI/ADX with Fibonacci DominanceFibADX MTF Dashboard — DMI/ADX with Fibonacci Dominance (φ) This indicator fuses classic DMI/ADX with the Fibonacci Golden Ratio to score directional dominance and trend tradability across multiple timeframes in one clean panel. What’s unique • Fibonacci dominance tiers: • BULL / BEAR → one side slightly stronger • STRONG when one DI ≥ 1.618× the other (φ) • EXTREME when one DI ≥ 2.618× (φ²) • Rounded dominance % in the +DI/−DI columns (e.g., STRONG BULL 72%). • ADX column modes: show the value (with strength bar ▂▃▅… and slope ↗/↘) or a tier (Weak / Tradable / Strong / Extreme). • Configurable intraday row (30m/1H/2H/4H) + D/W/M toggles. • Threshold line: color & width; Extended (infinite both ways) or Not extended (historical plot). • Theme presets (Dark / Light / High Contrast) or full custom colors. • Optional panel shading when all selected TFs are strong (and optionally directionally aligned). How to use 1. Choose an intraday TF (30/60/120/240). Enable D/W/M as needed. 2. Use ADX ≥ threshold (e.g., 21 / 34 / 55) to find tradable trends. 3. Read the +DI/−DI labels to confirm bias (BULL/BEAR) and conviction (STRONG/EXTREME). 4. Prefer multi-TF alignment (e.g., 4H & D & W all strong bull). 5. Treat EXTREME as a momentum regime—trail tighter and scale out into spikes. Alerts • All selected TFs: Strong BULL alignment • All selected TFs: Strong BEAR alignment Notes • Smoothing selectable: RMA (Wilder) / EMA / SMA. • Percentages are whole numbers (72%, not 72.18%). • Shorttitle is FibADX to comply with TV’s 10-char limit. Why We Use Fibonacci in FibADX Traditional DMI/ADX indicators rely on fixed numeric thresholds (e.g., ADX > 20 = “tradable”), but they ignore the relationship between +DI and −DI, which is what really determines trend conviction. FibADX improves on this by introducing the Fibonacci Golden Ratio (φ ≈ 1.618) to measure directional dominance and classify trend strength more intelligently. ⸻ 1. Fibonacci as a Natural Strength Threshold The golden ratio φ appears everywhere in nature, growth cycles, and fractals. Since financial markets also behave fractally, Fibonacci levels reflect natural crowd behavior and trend acceleration points. In FibADX: • When one DI is slightly larger than the other → BULL or BEAR (mild advantage). • When one DI is at least 1.618× the other → STRONG BULL or STRONG BEAR (trend conviction). • When one DI is 2.618× or more → EXTREME BULL or EXTREME BEAR (high momentum regime). This approach adds structure and consistency to trend classification. ⸻ 2. Why 1.618 and 2.618 Instead of Random Numbers Other traders might pick thresholds like 1.5 or 2.0, but φ has special mathematical properties: • φ is the most irrational ratio, meaning proportions based on φ retain structure even when scaled. • Using φ makes FibADX naturally adaptive to all timeframes and asset classes — stocks, crypto, forex, commodities. ⸻ 3 . Trading Advantages Using the Fibonacci Golden Ratio inside DMI/ADX has several benefits: • Better trend filtering → Avoid false DI crossovers without conviction. • Catch early momentum shifts → Spot when dominance ratios approach φ before ADX reacts. • Consistency across markets → Because φ is scalable and fractal, it works everywhere. ⸻ 4. How FibADX Uses This FibADX combines: • +DI vs −DI ratio → Measures directional dominance. • φ thresholds (1.618, 2.618) → Classifies strength into BULL, STRONG, EXTREME. • ADX threshold → Confirms whether the move is tradable or just noise. • Multi-timeframe dashboard → Aligns bias across 4H, D, W, M. ⸻ Quick Blurb for TradingView FibADX uses the Fibonacci Golden Ratio (φ ≈ 1.618) to classify trend strength. Unlike classic DMI/ADX, FibADX measures how much one side dominates: • φ (1.618) = STRONG trend conviction • φ² (2.618) = EXTREME momentum regime This creates an adaptive, fractal-aware framework that works across stocks, crypto, forex, and commodities. ⚠️ Disclaimer : This script is provided for educational purposes only. It does not constitute financial advice. Use at your own risk. Always do your own research before making trading decisions. Created by @nomadhedge
Pine Script® indicator
by nomadhedge
1
Intrabar Volume Delta — RealTime + History (Stocks/Crypto/Forex)Intrabar Volume Delta Grid — RealTime + History (Stocks/Crypto/Forex) # Short Description Shows intrabar Up/Down volume, Delta (absolute/relative) and UpShare% in a compact grid for both real-time and historical bars. Includes an MTF (M1…D1) dashboard, contextual coloring, density controls, and alerts on Δ and UpShare%. Smart historical splitting (“History Mode”) for Crypto/Futures/FX. --- # What it does (Quick) * **UpVol / DownVol / Δ / UpShare%** — visualizes order-flow inside each candle. * **Real-time** — accumulates intrabar volume live by tick-direction. * **History Mode** — splits Up/Down on closed bars via simple or range-aware logic. * **MTF Dashboard** — one table view across M1, M5, M15, M30, H1, H4, D1 (Vol, Up/Down, Δ%, Share, Trend). * **Contextual opacity** — stronger signals appear bolder. * **Label density** — draw every N-th bar and limit to last X bars for performance. * **Alerts** — thresholds for |Δ|, Δ%, and UpShare%. --- # How it works (Real-Time vs History) * **Real-time (open bar):** volume increments into **UpVolRT** or **DownVolRT** depending on last price move (↑ goes to Up, ↓ to Down). This approximates live order-flow even when full tick history isn’t available. * **History (closed bars):** * **None** — no split (Up/Down = 0/0). Safest for equities/indices with unreliable tick history. * **Approx (Close vs Open)** — all volume goes to candle direction (green → Up 100%, red → Down 100%). Fast but yields many 0/100% bars. * **Price Action Based** — splits by Close position within High-Low range; strength = |Close−mid|/(High−Low). Above mid → more Up; below mid → more Down. Falls back to direction if High==Low. * **Auto** — **Stocks/Index → None**, **Crypto/Futures/FX → Approx**. If you see too many 0/100 bars, switch to **Price Action Based**. --- # Rows & Meaning * **Volume** — total bar volume (no split). * **UpVol / DownVol** — directional intrabar volume. * **Delta (Δ)** — UpVol − DownVol. * **Absolute**: raw units * **Relative (Δ%)**: Δ / (Up+Down) × 100 * **Both**: shows both formats * **UpShare%** — UpVol / (Up+Down) × 100. >50% bullish, <50% bearish. * Helpful icons: ▲ (>65%), ▼ (<35%). --- # MTF Dashboard (🔧 Enable Dashboard) A single table with **Vol, Up, Down, Δ%, Share, Trend (🔼/🔽/⏭️)** for selected timeframes (M1…D1). Great for a fast “panorama” read of flow alignment across horizons. --- # Inputs (Grouped) ## Display * Toggle rows: **Volume / Up / Down / Delta / UpShare** * **Delta Display**: Absolute / Relative / Both ## Realtime & History * **History Mode**: Auto / None / Approx / Price Action Based * **Compact Numbers**: 1.2k, 1.25M, 3.4B… ## Theme & UI * **Theme Mode**: Auto / Light / Dark * **Row Spacing**: vertical spacing between rows * **Top Row Y**: moves the whole grid vertically * **Draw Guide Lines**: faint dotted guides * **Text Size**: Tiny / Small / Normal / Large ## 🔧 Dashboard Settings * **Enable Dashboard** * **📏 Table Text Size**: Tiny…Huge * **🦓 Zebra Rows** * **🔲 Table Border** ## ⏰ Timeframes (for Dashboard) * **M1…D1** toggles ## Contextual Coloring * **Enable Contextual Coloring**: opacity by signal strength * **Δ% cap / Share offset cap**: saturation caps * **Min/Max transparency**: solid vs faint extremes ## Label Density & Size * **Show every N-th bar**: draw labels only every Nth bar * **Limit to last X bars**: keep labels only in the most recent X bars ## Colors * Up / Down / Text / Guide ## Alerts * **Delta Threshold (abs)** — |Δ| in volume units * **UpShare > / <** — bullish/bearish thresholds * **Enable Δ% Alert**, **Δ% > +**, **Δ% < −** — relative delta levels --- # How to use (Quick Start) 1. Add the indicator to your chart (overlay=false → separate pane). 2. **History Mode**: * Crypto/Futures/FX → keep **Auto** or switch to **Price Action Based** for richer history. * Stocks/Index → prefer **None** or **Price Action Based** for safer splits. 3. **Label Density**: start with **Limit to last X bars = 30–150** and **Show every N-th bar = 2–4**. 4. **Contextual Coloring**: keep on to emphasize strong Δ% / Share moves. 5. **Dashboard**: enable and pick only the TFs you actually use. 6. **Alerts**: set thresholds (ideas below). --- # Alerts (in TradingView) Add alert → pick this indicator → choose any of: * **Delta exceeds threshold** (|Δ| > X) * **UpShare above threshold** (UpShare% > X) * **UpShare below threshold** (UpShare% < X) * **Relative Delta above +X%** * **Relative Delta below −X%** **Starter thresholds (tune per symbol & TF):** * **Crypto M1/M5**: Δ% > +25…35 (bullish), Δ% < −25…−35 (bearish) * **FX (tick volume)**: UpShare > 60–65% or < 40–35% * **Stocks (liquid)**: set **Absolute Δ** by typical volume scale (e.g., 50k / 100k / 500k) --- # Notes by Market Type * **Crypto/Futures**: 24/7 and high liquidity — **Price Action Based** often gives nicer history splits than Approx. * **Forex (FX)**: TradingView volume is typically **tick volume** (not true exchange volume). Treat Δ/Share as tick-based flow, still very useful intraday. * **Stocks/Index**: historical tick detail can be limited. **None** or **Price Action Based** is a safer default. If you see too many 0/100% shares, switch away from Approx. --- # “All Timeframes” accuracy * Works on **any TF** (M1 → D1/W1). * **Real-time accuracy** is strong for the open bar (live accumulation). * **Historical accuracy** depends on your **History Mode** (None = safest, Approx = fastest/simplest, Price Action Based = more nuanced). * The MTF dashboard uses `request.security` and therefore follows the same logic per TF. --- # Trade Ideas (Use-Cases) * **Scalping (M1–M5)**: a spike in Δ% + UpShare>65% + rising total Vol → momentum entries. * **Intraday (M5–M30–H1)**: when multiple TFs show aligned Δ%/Share (e.g., M5 & M15 bullish), join the trend. * **Swing (H4–D1)**: persistent Δ% > 0 and UpShare > 55–60% → structural accumulation bias. --- # Advantages * **True-feeling live flow** on the open bar. * **Adaptable history** (three modes) to match data quality. * **Clean visual layout** with guides, compact numbers, contextual opacity. * **MTF snapshot** for quick bias read. * **Performance controls** (last X bars, every N-th bar). --- # Limitations & Care * **FX uses tick volume** — interpret Δ/Share accordingly. * **History Mode is an approximation** — confirm with trend/structure/liquidity context. * **Illiquid symbols** can produce noisy or contradictory signals. * **Too many labels** can slow charts → raise N, lower X, or disable guides. --- # Best Practices (Checklist) * Crypto/Futures: prefer **Price Action Based** for history. * Stocks: **None** or **Price Action Based**; be cautious with **Approx**. * FX: pair Δ% & UpShare% with session context (London/NY) and volatility. * If labels overlap: tweak **Row Spacing** and **Text Size**. * In the dashboard, keep only the TFs you actually act on. * Alerts: start around **Δ% 25–35** for “punchy” moves, then refine per asset. --- # FAQ **1) Why do some closed bars show 0%/100% UpShare?** You’re on **Approx** history mode. Switch to **Price Action Based** for smoother splits. **2) Δ% looks strong but price doesn’t move — why?** Δ% is an **order-flow** measure. Price also depends on liquidity pockets, sessions, news, higher-timeframe structure. Use confirmations. **3) Performance slowdown — what to do?** Lower **Limit to last X bars** (e.g., 30–100), increase **Show every N-th bar** (2–6), or disable **Draw Guide Lines**. **4) Dashboard values don’t “match” the grid exactly?** Dashboard is multi-TF via `request.security` and follows the history logic per TF. Differences are normal. --- # Short “Store” Marketing Blurb Intrabar Volume Delta Grid reveals the order-flow inside every candle (Up/Down, Δ, UpShare%) — live and on history. With smart history splitting, an MTF dashboard, contextual emphasis, and flexible alerts, it helps you spot momentum and bias across Crypto, Forex (tick volume), and Stocks. Tidy labels and compact numbers keep the panel readable and fast.
Pine Script® indicator
by a_jabbaroff
SMA MAD SuperTrend | OquantThe SMA MAD SuperTrend | Oquant is an trend-following indicator designed to help traders identify potential trend directions and reversals using a unique combination of a Simple Moving Average (SMA), Mean Absolute Deviation (MAD), and a SuperTrend mechanism. This script aims to provide clear visual signals for trend entries and exits, making it suitable for traders looking to capture trends. This indicator innovatively combines the smoothing properties of an SMA with the volatility-adaptive qualities of MAD to create dynamic SuperTrend bands. Unlike traditional SuperTrend indicators that rely on Average True Range (ATR) for volatility, this script uses Mean Absolute Deviation(MAD) to measure the average absolute deviation from the mean price, providing a different perspective on price volatility. The result is a SuperTrend system that adapts to market conditions with a focus on price deviation, offering a unique tool for trend detection. Components and Calculations Simple Moving Average (SMA): The SMA is a widely used indicator that calculates the average of a specified number of closing prices. It smooths price data to identify the overall trend direction. In this script, the SMA serves as the baseline for calculating dynamic upper and lower bands. Mean Absolute Deviation (MAD): MAD measures the average absolute deviation of the price from its mean. It quantifies volatility by calculating how far prices deviate from the mean price, offering an alternative to ATR. SuperTrend Mechanism: This SuperTrend indicator generates dynamic upper and lower bands around the Simple Moving Average (SMA) using mean absolute deviation as measure of volatility. It tracks trend direction by comparing the close price to the bands: If the price crosses above the upper band, the trend turns bullish, and the SuperTrend follows the lower band. If the price crosses below the lower band, the trend turns bearish, and the SuperTrend follows the upper band. The bands adjust based on their previous values, updating only when the price crosses a band or the band shifts in the correct direction, reducing false signals and ensuring stable trend detection. How to Use the Indicator Trend Signals: Green Line: Indicates a bullish trend (price above the SuperTrend line). Purple Line: Indicates a bearish trend (price below the SuperTrend line). Bar and Candle Coloring: Bars and candles are colored green for bullish trends and purple for bearish trends, making it easy to visualize trend direction. Filled Areas: The area between the price and the SuperTrend line is filled with transparent colors (green for bullish, purple for bearish) to highlight trend. Inputs: Source: Choose the price data for calculations. SMA Length: Adjust the period for the SMA. Longer periods smooth the trend further. MAD Length: Set the period for MAD calculation. Shorter periods make the MAD more sensitive. Factor: Control the distance of the SuperTrend bands from the SMA. Higher values widen the bands, reducing sensitivity to price fluctuations. Alerts: The script includes alert conditions for trend changes: SMA MAD SuperTrend Long: Triggered when the trend turns bullish. SMA MAD SuperTrend Short: Triggered when the trend turns bearish. Set up alerts in TradingView to receive notifications for these conditions. Why Use This Script? The SMA MAD SuperTrend | Oquant offers a fresh take on trend-following by integrating SMA as baseline and MAD for volatility measurement, providing an alternative to ATR-based SuperTrend indicators. Its clear visual signals, customizable inputs, and alert conditions make it versatile for traders of all levels. ⚠️ Disclaimer: This indicator is intended for educational and informational purposes only. Trading/investing involves risk, and past performance does not guarantee future results. Always test and evaluate indicators/strategies before applying them in live markets. Use at your own risk.
Pine Script® indicator
by oquant
Divergence & Volume ThrustThis document provides both user and technical information for the "Divergence & Volume Thrust" (DVT) Pine Script indicator. Part 1: User Guide 1.1 Introduction The DVT indicator is an advanced tool designed to automatically identify high-probability trading setups. It works by detecting divergences between price and key momentum oscillators (RSI and MACD). A divergence is a powerful signal that a trend might be losing strength and a reversal is possible. To filter out weak signals, the DVT indicator includes a Volume Thrust component, which ensures that a divergence is backed by significant market interest before it alerts you. 🐂 Bullish Divergence: Price makes a new low, but the indicator makes a higher low. This suggests selling pressure is weakening. 🐻 Bearish Divergence: Price makes a new high, but the indicator makes a lower high. This suggests buying pressure is weakening. 1.2 Key Features on Your Chart When you add the indicator to your chart, here's what you will see: Divergence Lines: Bullish Lines (Teal): A line will be drawn on your chart connecting two price lows that form a bullish divergence. Bearish Lines (Red): A line will be drawn connecting two price highs that form a bearish divergence. Solid lines represent RSI divergences, while dashed lines represent MACD divergences. Confirmation Labels: "Bull Div ▲" (Teal Label): This label appears below the candle when a bullish divergence is detected and confirmed by a recent volume spike. This is a high-probability buy signal. "Bear Div ▼" (Red Label): This label appears above the candle when a bearish divergence is detected and confirmed by a recent volume spike. This is a high-probability sell signal. Volume Spike Bars (Orange Background): Any price candle with a faint orange background indicates that the volume during that period was unusually high (exceeding the average volume by a multiplier you can set). 1.3 Settings and Configuration You can customize the indicator to fit your trading style. Here's what each setting does: Divergence Pivot Lookback (Left/Right): Controls the sensitivity of swing point detection. Lower numbers find smaller, more frequent divergences. Higher numbers find larger, more significant ones. 5 is a good starting point. Max Lookback Range for Divergence: How many bars back the script will look for the first part of a divergence pattern. Default is 60. Indicator Settings (RSI & MACD): You can toggle RSI and MACD divergences on or off. Standard length settings for each indicator (e.g., RSI Length 14, MACD 12, 26, 9). Volume Settings: Use Volume Confirmation: The most important filter. When checked, labels will only appear if a volume spike occurs near the divergence. Volume MA Length: The lookback period for calculating average volume. Volume Spike Multiplier: The core of the "Thrust" filter. A value of 2.0 means volume must be 200% (or 2x) the average to be considered a spike. Visuals: Customize colors and toggle the confirmation labels on or off. 1.4 Strategy & Best Practices Confluence is Key: The DVT indicator is powerful, but it should not be used in isolation. Look for its signals at key support and resistance levels, trendlines, or major moving averages for the highest probability setups. Wait for Confirmation: A confirmed signal (with a label) is much more reliable than an unconfirmed divergence line. Context Matters: A bullish divergence in a strong downtrend might only lead to a small bounce, not a full reversal. Use the signals in the context of the overall market structure. Set Alerts: Use the TradingView alert system with this script. Create alerts for "Confirmed Bullish Divergence" and "Confirmed Bearish Divergence" to be notified of setups automatically.
Pine Script® indicator
by WhiteHuracan
2
cd_SMT_Sweep_CISD_CxGeneral This indicator is designed to show trading opportunities after sweeps of higher timeframe (HTF) highs/lows and, if available, Smart Money Technique (SMT) divergence with a correlated asset, followed by confirmation from a lower timeframe change in state delivery (CISD). Users can track SMT, Sweep, and CISD levels across nine different timeframes. ________________________________________ Usage and Details Commonly correlated timeframes are available in the menu by default. Users can also enter other compatible timeframes manually if necessary. The indicator output is presented as: • A summary table • Display on HTF candles • CISD levels shown as lines Users can disable any of these from the menu. Presentations of selected timeframes are displayed only if they are greater than or equal to the active chart timeframe. From the Show/Hide section, you can control the display of: • SMT table • Sweep table • HTF candles • CISD levels • HTF boxes aligned with the active timeframe ________________________________________ SMT Analysis To receive analysis, users must enter correlated assets in the menu (or adjust them as needed). If asset X is paired with correlated asset Y, then a separate entry for Y correlated with X is not required. Four correlation pairs are included by default. Users should check them according to their broker/exchange or define new ones. Checkboxes at the beginning of each row allow activation/deactivation of pairs. SMT analysis is performed on the last three candles of each selected HTF. If one asset makes a new high while the correlated one does not (or one makes a new low while the other does not), this is considered SMT and will be displayed both in the table and on the chart. Charts without defined correlated assets will not display an SMT table. ________________________________________ Sweep Analysis For the selected timeframes, the current candle is compared with the previous one. If price violates the previous level and then pulls back behind it, this is considered a sweep. It is displayed in both the table and on the chart. Within correlated pairs, the analysis is done separately and shown only in the table. Example with correlated and non-correlated pairs: • In the table, X = false, ✓ = true. • The Sweep Table has two columns for Bullish and Bearish results. • For correlated pairs, both values appear side by side. • For undefined pairs, only the active asset is shown. Example 1: EURUSD and GBPUSD pair • If both sweep → ✓ ✓ • If one sweeps, the other does not → ✓ X • If neither sweeps → X X Example 2: AUDUSD with no correlated pair defined • If sweep → ✓ • If no sweep → X ________________________________________ HTF Candles For every HTF enabled by the user, the last three candles (including the current one) are shown on the chart. SMT and sweep signals are marked where applicable. ________________________________________ CISD Levels For the selected timeframes, bullish and bearish CISD levels are plotted on the chart. ________________________________________ HTF Boxes HTF boxes aligned with the active timeframe are displayed on the chart. Box border colors change according to whether the active HTF candle is bullish or bearish. ________________________________________ How to Read the Chart? Let’s break down the example below: • Active asset: Nasdaq • Correlated asset: US500 (defined in the menu, confirmed in the table bottom row) • Active timeframe: H1 → therefore, the HTF box is shown for Daily • Since a correlated pair is defined, the indicator runs both SMT and Sweep analysis for the selected timeframes. Without correlation, only Sweep analysis would be shown. Table is prepared for H1 and higher timeframes (as per user selection and active TF). Observations: • SMT side → H1 timeframe shows a bearish warning • Sweep side → Bearish column shows X and ✓ o X → no sweep on Nasdaq o ✓ → sweep on US500 Meaning: US500 made a new high (+ sweep) while Nasdaq did not → SMT formed. The last column of the table shows the compatible LTF for confirmation. For H1, it suggests checking the 5m timeframe. On the chart: • CISD levels for selected timeframes are drawn • SMT line is marked on H1 candles • Next step: move to 5m chart for CISD confirmation before trading (with other confluences). Similarly, the Daily row in the table shows a Bullish Sweep on US500. ________________________________________ Alerts Two alert options are available: 1. Activate Alert (SMT + Sweep): Triggers if both SMT and Sweep occur in the selected timeframes. (Classic option) 2. Activate Alert (Sweep + Sweep): Triggers if sweeps occur in both assets of a correlated pair at the same timeframe. Interpretation: If SMT + Sweep are already present on higher timeframes, and simultaneous sweeps appear on lower timeframes, this may indicate a strong directional move. Of course, this must be validated with CISD and other confluences. ________________________________________ HTF CISD Levels Although CISD levels act as confirmation levels in their own timeframe, observing how price reacts to HTF CISD levels can provide valuable insights for intraday analysis. POIs overlapping with these levels may be higher priority. ________________________________________ What’s Next in Future Versions? • Completed CISD confirmations • Additional alert options • Plus your feedback and suggestions ________________________________________ Final Note I’ll be happy to hear your opinions and feedback. Happy trading!
Pine Script® indicator
by cdikici71
24
Statistical FootprintStatistical Footprint - Behavioral Support & Resistance This indicator identifies key price levels based on actual market behavior rather than traditional pivot calculations. It analyzes how bulls and bears have historically moved price from session opens, creating statistical zones where future reactions are most likely. The concept is simple: track how far bullish candles typically push above the open versus how far bearish candles drop below it. These patterns reveal the market's behavioral "footprint" - showing where momentum typically stalls and reverses. Key Features: - Separate analysis for daily and weekly timeframes - Smart zone merging when levels cluster together (within 5 points) - Uses both mean and median calculations for more robust levels - XGBoost-optimized lookback periods for maximum statistical significance - Clean zone-only display focused on actionable price areas How it Works: The code separates bullish and bearish sessions, measuring their typical range extensions from the open. It then projects these statistical ranges forward from current session opens, creating "behavioral zones" where the market has historically shown consistent reactions. When daily and weekly levels align closely, they merge into combined zones with enhanced significance. Labels show both the mean and median values when they differ meaningfully. Best Used For: - Identifying high-probability reversal zones - Setting profit targets based on historical behavior - Understanding market sentiment shifts at key levels - Confluence analysis between different timeframes The lookback periods have been optimized using machine learning to find the most predictive historical sample sizes for current market conditions.
Pine Script® indicator
by AmpedTrading
4
HorizonSigma Pro [CHE]HorizonSigma Pro Disclaimer Not every timeframe will yield good results . Very short charts are dominated by microstructure noise, spreads, and slippage; signals can flip and the tradable edge shrinks after costs. Very high timeframes adapt more slowly, provide fewer samples, and can lag regime shifts. When you change timeframe, you also change the ratios between horizon, lookbacks, and correlation windows—what works on M5 won’t automatically hold on H1 or D1. Liquidity, session effects (overnight gaps, news bursts), and volatility do not scale linearly with time. Always validate per symbol and timeframe, then retune horizon, z-length, correlation window, and either the neutral band or the z-threshold. On fast charts, “components” mode adapts quicker; on slower charts, “super” reduces noise. Keep prior-shift and calibration enabled, monitor Hit Rate with its confidence interval and the Brier score, and execute only on confirmed (closed-bar) values. For example, what do “UP 61%” and “DOWN 21%” mean? “UP 61%” is the model’s estimated probability that the close will be higher after your selected horizon—directional probability, not a price target or profit guarantee. “DOWN 21%” still reports the probability of up; here it’s 21%, which implies 79% for down (a short bias). The label switches to “DOWN” because the probability falls below your short threshold. With a neutral-band policy, for example ±7%, signals are: Long above 57%, Short below 43%, Neutral in between. In z-score mode, fixed z-cutoffs drive the call instead of percentages. The arrow length on the chart is an ATR-scaled projection to visualize reach; treat it as guidance, not a promise. Part 1 — Scientific description Objective. The indicator estimates the probability that price will be higher after a user-defined horizon (a chosen number of bars) and emits long, short, or neutral decisions under explicit thresholds. It combines multi‑feature, z‑normalized inputs, adaptive correlation‑based weighting, a prior‑shifted sigmoid mapping, optional rolling probability calibration, and repaint‑safe confirmation. It also visualizes an ATR‑scaled forward projection and prints a compact statistics panel. Data and labeling. For each bar, the target label is whether price increased over the past chosen horizon. Learning is deliberately backward‑looking to avoid look‑ahead: features are associated with outcomes that are only known after that horizon has elapsed. Feature engineering. The feature set includes momentum, RSI, stochastic %K, MACD histogram slope, a normalized EMA(20/50) trend spread, ATR as a share of price, Bollinger Band width, and volume normalized by its moving average. All features are standardized over rolling windows. A compressed “super‑feature” is available that aggregates core trend and momentum components while penalizing excessive width (volatility). Users can switch between a “components” mode (weighted sum of individual features) and a “super” mode (single compressed driver). Weighting and learning. Weights are the rolling correlations between features (evaluated one horizon ago) and realized directional outcomes, smoothed by an EMA and optionally clamped to a bounded range to stabilize outliers. This produces an adaptive, regime‑aware weighting without explicit machine‑learning libraries. Scoring and probability mapping. The raw score is either the weighted component sum or the weighted super‑feature. The score is standardized again and passed through a sigmoid whose steepness is user‑controlled. A “prior shift” moves the sigmoid’s midpoint to the current base rate of up moves, estimated over the evaluation window, so that probabilities remain well‑calibrated when markets drift bullish or bearish. Probabilities and standardized scores are EMA‑smoothed for stability. Decision policy. Two modes are supported: - Neutral band: go long if the probability is above one half plus a user‑set band; go short if it is below one half minus that band; otherwise stay neutral. - Z‑score thresholds: use symmetric positive/negative cutoffs on the standardized score to trigger long/short. Repaint protection. All values used for decisions can be locked to confirmed (closed) bars. Intrabar updates are available as a preview, but confirmed values drive evaluation and stats. Calibration. An optional rolling linear calibration maps past confirmed probabilities to realized outcomes over the evaluation window. The mapping is clipped to the unit interval and can be injected back into the decision logic if desired. This improves reliability (probabilities that “mean what they say”) without necessarily improving raw separability. Evaluation metrics. The table reports: hit rate on signaled bars; a Wilson confidence interval for that hit rate at a chosen confidence level; Brier score as a measure of probability accuracy; counts of long/short trades; average realized return by side; profit factor; net return; and exposure (signal density). All are computed on rolling windows consistent with the learning scheme. Visualization. On the chart, an arrowed projection shows the predicted direction from the current bar to the chosen horizon, with magnitude scaled by ATR (optionally scaled by the square‑root of the horizon). Labels display either the decision probability or the standardized score. Neutral states can display a configurable icon for immediate recognition. Computational properties. The design relies on rolling means, standard deviations, correlations, and EMAs. Per‑bar cost is constant with respect to history length, and memory is constant per tracked series. Graphical objects are updated in place to obey platform limits. Assumptions and limitations. The method is correlation‑based and will adapt after regime changes, not before them. Calibration improves probability reliability but not necessarily ranking power. Intrabar previews are non‑binding and should not be evaluated as historical performance. Part 2 — Trader‑facing description What it does. This tool tells you how likely price is to be higher after your chosen number of bars and converts that into Long / Short / Neutral calls. It learns, in real time, which components—momentum, trend, volatility, breadth, and volume—matter now, adjusts their weights, and shows you a probability line plus a forward arrow scaled by volatility. How to set it up. 1) Choose your horizon. Intraday scalps: 5–10 bars. Swings: 10–30 bars. The default of 14 bars is a balanced starting point. 2) Pick a feature mode. - components: granular and fast to adapt when leadership rotates between signals. - super: cleaner single driver; less noise, slightly slower to react. 3) Decide how signals are triggered. - Neutral band (probability based): intuitive and easy to tune. Widen the band for fewer, higher‑quality trades; tighten to catch more moves. - Z‑score thresholds: consistent numeric cutoffs that ignore base‑rate drift. 4) Keep reliability helpers on. Leave prior shift and calibration enabled to stabilize probabilities across bullish/bearish regimes. 5) Smoothing. A short EMA on the probability or score reduces whipsaws while preserving turns. 6) Overlay. The arrow shows the call and a volatility‑scaled reach for the next horizon. Treat it as guidance, not a promise. Reading the stats table. - Hit Rate with a confidence interval: your recent accuracy with an uncertainty range; trust the range, not only the point. - Brier Score: lower is better; it checks whether a stated “70%” really behaves like 70% over time. - Profit Factor, Net Return, Exposure: quick triage of tradability and signal density. - Average Return by Side: sanity‑check that the long and short calls each pull their weight. Typical adjustments. - Too many trades? Increase the neutral band or raise the z‑threshold. - Missing the move? Tighten the band, or switch to components mode to react faster. - Choppy timeframe? Lengthen the z‑score and correlation windows; keep calibration on. - Volatility regime change? Revisit the ATR multiplier and enable square‑root scaling of horizon. Execution and risk. - Size positions by volatility (ATR‑based sizing works well). - Enter on confirmed values; use intrabar previews only as early signals. - Combine with your market structure (levels, liquidity zones). This model is statistical, not clairvoyant. What it is not. Not a black‑box machine‑learning model. It is transparent, correlation‑weighted technical analysis with strong attention to probability reliability and repaint safety. Suggested defaults (robust starting point). - Horizon 14; components mode; weight EMA 10; correlation window 500; z‑length 200. - Neutral band around seven percentage points, or z‑threshold around one‑third of a standard deviation. - Prior shift ON, Calibration ON, Use calibrated for decisions OFF to start. - ATR multiplier 1.0; square‑root horizon scaling ON; EMA smoothing 3. - Confidence setting equivalent to about 95%. Disclaimer No indicator guarantees profits. HorizonSigma Pro 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
Dynamic Momentum Oscillator with Adaptive ThresholdsDynamic Momentum Oscillator with Adaptive Thresholds (DMO-AT) This advanced indicator is designed to provide traders with a robust tool for identifying momentum shifts, overbought/oversold conditions, and potential reversals in any market. Unlike traditional oscillators with fixed thresholds, DMO-AT uses adaptive levels that adjust based on current volatility (via ATR) and incorporates volume weighting for more accurate signals in high-volume environments. #### Key Features: - **Momentum Calculation**: A normalized momentum value derived from price changes, optionally weighted by volume for enhanced sensitivity. - **Adaptive Thresholds**: Overbought and oversold levels dynamically adjust using ATR, making the indicator adaptable to volatile or ranging markets. - **Signal Line**: An EMA of the momentum for crossover signals, helping confirm trend directions. - **Divergence Detection**: Built-in alerts for bullish and bearish divergences between price and momentum. - **Visual Enhancements**: Background coloring for quick zone identification, dashed static lines for reference, and a customizable stats table displaying real-time values. - **Alerts**: Multiple alert conditions for crossovers, zone entries, and divergences to keep you notified without constant chart watching. #### How to Use: 1. Add the indicator to your chart via TradingView's indicator search. 2. Customize inputs: Adjust the momentum length, source, ATR length, and threshold multiplier to fit your trading style (e.g., shorter lengths for scalping, longer for swing trading). 3. Interpret Signals: - **Crossover**: Momentum crossing above the signal line suggests bullish momentum; below indicates bearish. - **Zones**: Entering the overbought (red) zone may signal a potential sell; oversold (green) for buys. - **Divergences**: Use alerts to spot hidden opportunities where price and momentum disagree. 4. Combine with other tools like moving averages or support/resistance for confluence. 5. Enable the stats table for at-a-glance insights on the chart. This indicator is versatile across timeframes and assets, from stocks to crypto. It's optimized for clarity and performance, with no repainting.
Pine Script® indicator
by jwammo12
Moving Average Adaptive RSI [BackQuant]Moving Average Adaptive RSI What this is A momentum oscillator that reshapes classic RSI into a zero-centered column plot and makes it adaptive. It builds RSI from two parts: • A sensitivity window that scans several recent bars to capture the strongest up and down impulses. • A selectable moving average that smooths those impulses before computing RSI. The output ranges roughly from −100 to +100 with 0 as the midline, with optional extra smoothing and built-in divergence detection. How it works Impulse extraction • For each bar the script inspects the last rsi_sen bars and collects upward and downward price changes versus the current price. • It keeps the maximum upward change and maximum downward change from that window, emphasizing true bursts over single-bar noise. MA-based averaging • The up and down impulse series are averaged with your chosen MA over rsi_len bars. • Supported MA types: SMA, EMA, DEMA, WMA, HMA, SMMA (RMA), TEMA. Zero-centered RSI transform • RS = UpMA ÷ DownMA, then mapped to a symmetric scale: 100 − 200 ÷ (1 + RS) . • Above 0 implies positive momentum bias. Below 0 implies negative momentum bias. Optional extra smoothing • A second smoothing pass can be applied to the final oscillator using smoothing_len and smooth_type . Toggle with “Use Extra Smoothing”. Visual encoding • The oscillator is drawn as columns around the zero line with a gradient that intensifies toward extremes. • Static bands mark 80 to 100 and −80 to −100 for extreme conditions. Key inputs and what they change • Price Source : input series for momentum. • Calculation Period (rsi_len) : primary averaging window on up and down components. Higher = smoother, slower. • Sensitivity (rsi_sen) : how many recent bars are scanned to find max impulses. Higher = more responsive to bursts. • Calculation Type (ma_type) : MA family that shapes the core behavior. HMA or DEMA is faster, SMA or SMMA is slower. • Smoothing Type and Length : optional second pass to calm noise on the final output. • UI toggles : show or hide the oscillator, candle painting, and extreme bands. Reading the oscillator • Midline cross up (0) : momentum bias turning positive. • Midline cross down (0) : momentum bias turning negative. • Positive territory : – 0 to 40: constructive but not stretched. – 40 to 80: strong momentum, continuation more likely. – Above 80: extreme risk of mean reversion grows. • Negative territory : mirror the same levels for the downside. Divergence detection The script plots four divergence types using pivot highs and lows on both price and the oscillator. Lookbacks are set by lbL and lbR . • Regular bullish : price lower low, oscillator higher low. Possible downside exhaustion. • Hidden bullish : price higher low, oscillator lower low. Bias to trend continuation up. • Regular bearish : price higher high, oscillator lower high. Possible upside exhaustion. • Hidden bearish : price lower high, oscillator higher high. Bias to trend continuation down. Labels: ℝ for regular, ℍ for hidden. Green for bullish, red for bearish. Candle coloring • Optional bar painting: green when the oscillator is above 0, red when below 0. This is for visual scanning only. Strengths • Adaptive sensitivity via a rolling impulse window that responds to genuine bursts. • Configurable MA core so you can match responsiveness to the instrument. • Zero-centered scale for simple regime reads with 0 as a clear bias line. • Built-in regular and hidden divergence mapping. • Flexible across symbols and timeframes once tuned. Limitations and cautions • Trends can remain extended. Treat extremes as context rather than automatic reversal signals. • Divergence quality depends on pivot lookbacks. Short lookbacks give more signals with more noise. Long lookbacks reduce noise but add lag. • Double smoothing can delay zero-line transitions. Balance smoothness and timeliness. Practical usage ideas • Regime filter : only take long setups from your separate method when the oscillator is above 0, shorts when below 0. • Pullback confirmation : in uptrends, look for dips that hold above 0 or turn up from 0 to 40. Reverse for downtrends. • Divergence as a heads-up : wait for a zero-line cross or a price trigger before acting on divergence. • Sensitivity tuning : start with rsi_sen 2 to 5 on faster timeframes, increase slightly on slower charts. Alerts • MA-A RSI Long : oscillator crosses above 0. • MA-A RSI Short : oscillator crosses below 0. Use these as bias or timing aids, not standalone trade commands. Settings quick reference • Calculation : Price Source, Calculation Type, Calculation Period, Sensitivity. • Smoothing : Smoothing Type, Smoothing Length, Use Extra Smoothing. • UI : Show Oscillator, Paint Candles, Show Static High and Low Levels. • Divergences : Pivot Lookback Left and Right, Div Signal Length, Show Detected Divergences. Final thoughts This tool reframes RSI by extracting strong short-term impulses and averaging them with a moving-average model of your choice, then presenting a zero-centered output for clear regime reads. Pair it with your structure, risk and execution process, and tune sensitivity and smoothing to the market you trade.
Pine Script® indicator
by BackQuant
Same-Direction Candles (Two Symbols)Same-Direction Candles (Two Symbols) What it does Highlights bars on your chart when two symbols print the same candle direction on the chosen timeframe: Both Bullish → one color Both Bearish → another color Great for spotting synchronous moves (e.g., NQ & ES, QQQ & SPY), or confirming risk-on/risk-off with an inverse asset (e.g., NQ vs DXY with inversion). How it works For each bar, the script checks whether close > open (bullish), close < open (bearish), or equal (doji) for: The chart’s symbol A second symbol pulled via request.security() (optionally on a different timeframe) If both symbols are bullish, it paints Bull color; if both are bearish, it paints Bear color. Dojis can be ignored. Inputs Second symbol: Ticker to compare (e.g., CME_MINI:ES1!, NASDAQ:QQQ, TVC:DXY). Second symbol timeframe: Leave blank to use the chart’s TF, or set a specific one (e.g., 5, 15, D). Invert second symbol direction?: Flips the second symbol’s candle direction (useful for inversely related assets like DXY vs indices). Ignore doji candles: Skip highlights when either candle is neutral (open == close). Coloring options: Toggle bar coloring and/or background shading; pick colors; set background transparency. Alerts Three alert conditions: Both Bullish Both Bearish Both Same Direction (bullish or bearish) Create alerts from the Add Alert dialog after adding the script. Use cases Index confluence: NQ & ES moving in lockstep ETF confirmation: QQQ & SPY agreement FX/Index risk signals: Invert DXY against NQ/ES to see when equity strength aligns with dollar weakness Tips For mixed timeframes (e.g., chart on 1m, ES on 5m), set Second symbol timeframe to the higher TF to reduce noise. Keep Ignore dojis on for cleaner signals. Combine with your own entry rules (structure, FVGs, liquidity sweeps). Notes Works on any symbol/timeframe supported by TradingView. Overlay script; no strategy/entries/exits are executed. Past performance ≠ future results; for education only. Version: 1.0 – initial release (bar/background highlights, doji filter, inversion, multi-TF support, alerts).
Pine Script® indicator
by huhmonkey
RSI with Moving Averages[UO] EnhancedWhat This Indicator Does Displays the RSI (Relative Strength Index) with two customizable moving averages to help identify trend direction and momentum shifts. Key Features RSI Line: Shows momentum (overbought above 70, oversold below 30) Two Moving Averages: Smooth RSI signals and show trend direction Color-Coded Fills: Visual areas between lines indicate bullish/bearish conditions Support/Resistance Lines: Bull market support (40) and bear market resistance (60) Customization Options Moving Average Types: Choose SMA or EMA for each line Periods: Adjust RSI (14), First MA (13), Second MA (33) Visual Elements: Toggle background shading and fills on/off Colors & Styles: Customize all line colors and widths in Style tab How to Read It Green Fill: Second MA below first MA (bullish momentum) Red Fill: Second MA above first MA (bearish momentum) RSI Above 70: Potentially overbought RSI Below 30: Potentially oversold Perfect for traders wanting enhanced RSI analysis with flexible moving average confirmation signals.
Pine Script® indicator
by vssebuyungo
RSI deyvidholnik 📊 Overview RSI deyvidholnik is an advanced technical indicator that combines the power of traditional RSI (Relative Strength Index) with automatic divergence detection to identify potential market reversal points. This indicator was developed by kingthies and offers clear visual analysis of overbought/oversold conditions along with highly precise divergence signals. 🔧 Key Features Customizable RSI Data Source: Configurable (default: close) Period: Adjustable (default: 14) Moving Average: Multiple types available (SMA, EMA, SMMA, WMA, VWMA, MMS) MA Period: Configurable (default: 14) Divergence Detection The indicator identifies four types of divergences: 🟢 Bullish Divergence Occurs when price makes lower lows, but RSI makes higher lows Indicates possible trend reversal from bearish to bullish Signaled with green dots on RSI 🔴 Bearish Divergence Occurs when price makes higher highs, but RSI makes lower highs Indicates possible trend reversal from bullish to bearish Signaled with red dots on RSI 🟢 Hidden Bullish Divergence (Optional) Price makes higher lows while RSI makes lower lows Confirms continuation of bullish trend Useful in trending markets 🔴 Hidden Bearish Divergence (Optional) Price makes lower highs while RSI makes higher highs Confirms continuation of bearish trend Useful in trending markets ⚙️ Pivot Settings Optimized Default Configuration Right Bars: 1 (quick confirmation) Left Bars: 5 (noise filtering) Maximum Bars Between Pivots: 60 Minimum Bars Between Pivots: 3 These settings have been adjusted to provide: ✅ Faster and more responsive signals ✅ Reduction of false signals ✅ Better identification of significant pivots 🎨 Visual Interface RSI Levels Line 70: Overbought zone (red) Line 50: Neutral centerline Line 30: Oversold zone (green) Gradient fill: Visually intensifies extreme zones Graphical Elements RSI: Main line in white Moving Average: Smoothed yellow line Divergence Points: Colored markers on pivots Background: Subtle fill for better readability 📈 How to Use For Reversal Trading Enable only: Bullish and Bearish (default) Look for: Divergences in overbought/oversold zones Confirm with: Other indicators or price analysis For Trend Trading Enable: Hidden Bull and Hidden Bear Use in: Markets with clear established trends Combine with: Market structure analysis Alert Configuration The indicator includes automatic alerts for: ⚠️ Bullish Divergence ⚠️ Bearish Divergence ⚠️ Hidden Bullish Divergence ⚠️ Hidden Bearish Divergence 💡 Main Advantages ✅ Automatic Detection: Identifies divergences without manual interpretation ✅ Optimized Configuration: Default values tested for maximum efficiency ✅ Clean Interface: Clear and professional visual ✅ Integrated Alerts: Automatic signal notifications ✅ Flexibility: Multiple customization options ✅ Performance: Optimized code for efficient execution 🎯 Recommended Timeframes Scalping: 1m, 5m (with more sensitive settings) Intraday: 15m, 30m, 1h (default configuration) Swing: 4h, 1D (for medium-term signals) ⚠️ Important Considerations Not infallible: Always use in conjunction with other analysis methods Sideways markets: More effective in markets with directional movement Confirmation: Always wait for signal confirmation before trading Risk management: Always implement adequate stop-loss and take-profit
Pine Script® indicator
by deynik30
Trend Continuation Filter - 🚀 Trend Continuation Filter — Multi-Factor Overlay This overlay plots bullish / bearish continuation labels & arrows only when the market has enough confluence behind the move. Think of it as your “trend gatekeeper” — cutting out weak setups and highlighting only those with real momentum + structure. 🔍 Built-in Filters ✔ Ichimoku Cloud → trend bias + Tenkan/Kijun confirmation ✔ MACD (12/26/9) → acceleration via histogram slope ✔ RSI / MFI (14) → momentum quality (≥60 bullish / ≤40 bearish) ✔ ADX (14) → strength check (≥20 and rising) ➕ EMA Alignment (9/21/55/233) (optional) ➕ ATR Slope (14) (optional) 🎯 How it works ✅ Prints a Bull Continuation label/arrow when ≥4 filters align to the upside ✅ Prints a Bear Continuation label/arrow when ≥4 filters align to the downside ⚙️ minChecks input lets you adjust the strictness: • Normal Days → set to 4 (more frequent, flexible) • Trend Days → raise to 5–6 (fewer, high-conviction setups) 📈 Best Practices ⏰ Focus on London & New York sessions for clean expectancy 🧩 Pair with a HUD/Dashboard panel to see exactly which filters are active
Pine Script® indicator
by Tradebeast911
Inside Candle DivergenceStudy Material: Inside Candle Divergence Indicator (aiTrendview) 1. Introduction The Inside Candle Divergence Indicator is a custom tool built on TradingView using Pine Script. It is designed to help traders identify potential reversal points or trend continuations using a mix of candlestick analysis, RSI (Relative Strength Index), VWAP (Volume Weighted Average Price), Pivot Points, and Volume analytics. The tool also provides a dashboard table on the chart, summarizing all key values in a single glance for traders and analysts. This indicator is not just a signal generator but also an educational framework—explaining how different concepts in technical analysis combine to build a systematic approach for market entries and exits. ________________________________________ 2. Core Concepts Behind the Tool A. Inside Candle Pattern An Inside Candle forms when the current candle’s high is lower than or equal to the previous candle’s high, and the low is higher than or equal to the previous candle’s low. • This means the entire price action of the current candle is "inside" the range of the previous candle. • A bullish inside candle occurs when the close is higher than the open. • A bearish inside candle occurs when the close is lower than the open. This pattern shows market indecision but also sets up potential breakouts or trend reversals. ________________________________________ B. RSI (Relative Strength Index) The indicator calculates RSI using the formula from the ta.rsi() function in TradingView. RSI helps measure momentum in the market. • A low RSI (below 25) signals an oversold zone → possible buy. • A high RSI (above 75) signals an overbought zone → possible sell. By combining RSI with the Inside Candle, the indicator ensures that signals are triggered only when momentum and price patterns confirm each other. ________________________________________ C. Buy & Sell Signals • Buy Signal: Triggered when RSI < Buy Level (default 25) and a bullish inside candle forms. • Sell Signal: Triggered when RSI > Sell Level (default 75) and a bearish inside candle forms. When triggered, the chart displays a BUY (green label below candle) or SELL (red label above candle) marker. The indicator also saves the entry price and signal bar for future reference inside the dashboard. ________________________________________ D. VWAP (Volume Weighted Average Price) VWAP is calculated using the typical price (H+L+C)/3 and weighting it by volume. • VWAP shows the average trading price weighted by volume, widely used by institutions. • The tool calculates the distance of price from VWAP in % terms. • If price is far above VWAP, the market may be overheated (overbought). If far below, it may be undervalued (oversold). ________________________________________ E. Volume Analysis The tool splits volume into Buy Volume and Sell Volume: • Buy Volume: If close > open. • Sell Volume: If close ≤ open. • Cumulative totals are maintained, and percentages are calculated to show what proportion of total market volume is bullish vs bearish. • A progress bar style visual (using blocks █) shows the dominance of buyers or sellers. This allows traders to quickly measure whether buyers or sellers are controlling the market trend. ________________________________________ F. Daily Pivot Points Pivot Points are calculated using the previous day’s high, low, and close: • Pivot = (High + Low + Close) / 3 • R1, S1, R2, S2, R3, S3 levels are derived from this pivot. • These levels act as support and resistance zones. The script plots Pivot, R1, and S1 lines on the chart for easy reference. ________________________________________ G. Trend Direction The indicator checks where the price is compared to R1 and S1: • If price > R1 → Bullish Trend • If price < S1 → Bearish Trend • Otherwise → Neutral Trend The trend direction is displayed in the dashboard with arrows (↑, ↓, →). ________________________________________ H. Price Change Calculation The tool calculates: • Price Change = Current Close – Previous Close • Percentage Change = (Change / Previous Close) × 100 • Displays ▲ (green upward) or ▼ (red downward) with the exact percentage. This gives traders a quick snapshot of intraday price movement. ________________________________________ I. Dashboard Table One of the most powerful features is the real-time dashboard table shown on the chart. It contains: 1. Symbol & Price Info (Current ticker, price, change %) 2. RSI Reading (with color coding: green for oversold, red for overbought) 3. VWAP and Distance from VWAP 4. Volume Analysis with Progress Bar (Buy vs Sell %) 5. Pivot Levels (Pivot, R1, S1) 6. Trend Direction (Bullish, Bearish, Neutral) 7. Signal Status (Last Buy/Sell signal with entry price) This reduces the need for multiple indicators and gives traders a command-center view directly on the chart. ________________________________________ J. Alerts The tool generates alerts whenever a Buy or Sell condition is met. Traders can set up TradingView alerts to be notified instantly when: • Buy Signal Alert → RSI oversold + Bullish inside candle • Sell Signal Alert → RSI overbought + Bearish inside candle This ensures no opportunity is missed even if you’re not actively monitoring the chart. ________________________________________ K. Background Highlights The chart background also changes faintly (light green or light red) when a Buy or Sell condition is triggered. This gives traders visual confirmation along with signals and alerts. ________________________________________ 3. Practical Use of This Tool • Scalpers & Intraday Traders can use it for quick momentum-based entries. • Swing Traders can use the RSI + Inside Candle + Pivot Points to find medium-term reversals. • Analysts can use the dashboard for real-time summaries in reports. • Volume Analysis helps understand institutional activity. Remember: This is not a standalone holy grail. It must be used with proper risk management and confirmation from higher timeframes. ________________________________________ 4. Strict Disclaimer (aiTrendview) ⚠️ Disclaimer from aiTrendview: This indicator is designed for educational and analytical purposes only. It is not financial advice or a guaranteed trading strategy. Markets are inherently risky and unpredictable; past performance of indicators does not ensure future results. Trading involves risk of financial loss, and traders must use proper risk management, stop-loss, and independent judgment. aiTrendview strictly follows TradingView.com rules and compliance guidelines. Any misuse of this tool, its code, or analytical features for unauthorized commercial purposes, false promises, or misleading activities is strictly discouraged. The creators of this script and aiTrendview will not be responsible for any losses, damages, or misuse arising from its application. Always trade responsibly and only with money you can afford to lose. ________________________________________
Pine Script® indicator
by aiTrendview-Charting-System
Penguin Trend with RSI on DiffVisualizes volatility regime via the percent spread between the upper Bollinger Band and the upper Keltner Channel, with bar colors from a lightweight trend engine and an RSI computed on the Diff signal. Supports SMA/EMA/WMA/RMA/HMA/VWMA/VWAP and an optional calculation timeframe. Defaults preserve the original look and behavior. Penguin Trend with RSI on Diff shows expansion vs. compression in price action by comparing two classic volatility envelopes. It computes: Diff% = (UpperBB − UpperKC) / UpperKC × 100 • Diff > 0: Bollinger Bands are wider than Keltner Channels → expansion / momentum regime • Diff < 0: BB narrower than KC → compression / squeeze regime A white “Average Diff” line smooths Diff% (default: SMA(5)) to highlight regime shifts. Bars are colored only when Diff > 0 to focus on expansion phases. A lightweight trend engine defines four states from a fast/slow MA bias and a short “thrust” MA on ohlc4: • Green: Bullish bias and thrust > fast MA (healthy upside thrust) • Red: Bearish bias and thrust < fast MA (healthy downside thrust) • Yellow: Bullish bias but thrust ≤ fast MA (pullback/weakness) • Blue: Bearish bias but thrust ≥ fast MA (bear rally/short squeeze) RSI on Diff: The indicator adds an RSI applied to Diff% to gauge momentum of the expansion/compression signal itself. Choose between Built-in RSI or a manual RMA-based computation, and optionally smooth it. Default OB/OS lines are 70/30. How it works: • Bollinger Bands (BB): Basis = selected MA of src (default SMA(20)); Width = StdDev × Mult (default 2.0) • Keltner Channels (KC): Basis = selected MA of src (default SMA(20)); Width = ATR(kcATR) × Mult (defaults 20 and 2.0) • Diff%: Safe division guards against division-by-zero • MA engine: Select SMA / EMA / WMA / RMA / HMA / VWMA / VWAP for BB/KC bases, Average Diff, and trend components (VWAP is session-anchored) • Calculation timeframe: Compute internals on a chosen TF via request.security() while viewing any chart TF Inputs (key): • Calculation timeframe: Empty = chart TF; set e.g., 60/240 to compute on that TF • BB: Length, StdDev Mult, MA Type • KC: Basis Length, ATR Length, Multiplier, MA Type • Average Diff: Length and MA Type • RSI on Diff: RSI Length, Method (Built-in or Manual RMA), Smoothing Length, OB/OS levels, show/hide • Trend Engine: Fast/Slow lengths & MA type, Signal (kept for completeness), Thrust MA length & type • Display/Visibility: Paint bars only when Diff > 0; show zero line; “true Blue” color toggle; show/hide Diff columns and Average Diff How to use: 1. Regime changes: Watch Diff% or Average Diff crossing 0. Above zero favors momentum/continuation setups; below zero suggests compression and potential breakout conditions. 2. State confirmation: During expansion (Diff > 0), prioritize Green/Red for aligned thrust; treat Yellow/Blue as cautionary/contrarian. 3. RSI on Diff: Use OB/OS and crossovers for timing entries/exits or for confirming/negating expansion strength. Alerts: • Diff crosses above/below 0 • Average Diff crosses above/below 0 • RSI(Diff) crosses above OB / below OS • State changes: GREEN / RED / YELLOW / BLUE Notes & limitations: • VWAP is session-anchored and best on intraday data. If not applicable on the selected calculation TF, the script automatically falls back to EMA. • Defaults (SMA(20) for BB/KC, multipliers 2.0, SMA(5) Average Diff, original trend coloring and bar painting) preserve the original appearance. • RSI on Diff is plotted in the same pane for a compact workflow; you can hide it or split into a separate indicator if desired. Release notes: v6.0 — Upgraded to Pine v6. Added multi-MA options (SMA/EMA/WMA/RMA/HMA/VWMA/VWAP), calculation timeframe, RSI on Diff (Built-in or Manual RMA) with smoothing, safe division guard, optional zero line, and optional true Blue color. Defaults retain the original behavior. License / disclaimer: © waranyu.trkm — MIT License. Educational use only; not financial advice.
Pine Script® indicator
by waranyutrkm
Penguin TrendMeasures the volatility regime by comparing the upper Bollinger Band to the upper Keltner Channel and colors bars with a lightweight trend state. Supports SMA/EMA/WMA/RMA/HMA/VWMA/VWAP and a selectable calculation timeframe. Default settings preserve the original look and behavior. Penguin Trend visualizes expansion vs. compression in price action by comparing two classic volatility envelopes. It computes: Diff% = (UpperBB − UpperKC) / UpperKC × 100 * Diff > 0: Bollinger Bands are wider than Keltner Channels -> expansion / momentum regime. * Diff < 0: BB narrower than KC -> compression / squeeze regime. A white “Average Difference” line smooths Diff% (default: SMA(5)) to help spot regime shifts. Trend coloring (kept from original): Bars are colored only when Diff > 0 to emphasize expansion phases. A lightweight trend engine defines four states using a fast/slow MA bias and a short “thrust” MA applied to ohlc4: * Green: Bullish bias and thrust > fast MA (healthy upside thrust). * Red: Bearish bias and thrust < fast MA (healthy downside thrust). * Yellow: Bullish bias but thrust ≤ fast MA (pullback/weakness). * Blue: Bearish bias but thrust ≥ fast MA (bear rally/short squeeze). Note: By default, Blue renders as Yellow to preserve the original visual style. Enable “Use true BLUE color” if you prefer Aqua for Blue. How it works (under the hood): * Bollinger Bands (BB): Basis = selected MA of src (default SMA(20)). Width = StdDev × Mult (default 2.0). * Keltner Channels (KC): Basis = selected MA of src (default SMA(20)). Width = ATR(kcATR) × Mult (defaults 20 and 2.0). * Diff%: Safe division guards against division-by-zero. * MA engine: You can choose SMA / EMA / WMA / RMA / HMA / VWMA / VWAP for BB/KC bases, Diff smoothing, and the trend components (VWAP is session-anchored). * Calculation timeframe: Set “Calculation timeframe” to compute all internals on a chosen TF via request.security() while viewing any chart TF. Inputs (key ones): * Calculation timeframe: Empty = use chart TF; if set (e.g., 60), all internals compute on that TF. * BB: Length, StdDev Mult, MA Type. * KC: Basis Length, ATR Length, Multiplier, MA Type. * Smoothing: Average Length & MA Type for the “Average Difference” line. * Trend Engine: Fast/Slow lengths & MA type; Signal (kept for completeness); Thrust length & MA type (defaults replicate original behavior). * Display: Paint bars only when Diff > 0; optional Zero line; optional true Blue color. How to use: 1. Regime changes: Watch Diff% or Average Diff crossing 0. Above zero favors momentum/continuation setups; below zero suggests compression and potential breakout conditions. 2. State confirmation: Use bar colors to qualify expansion: Green/Red indicate expansion aligned with trend thrust; Yellow/Blue flag weaker/contrarian thrust during expansion. 3. Multi-timeframe analysis: Run calculations on a higher TF (e.g., H1/H4) while trading a lower TF chart to smooth noise. Alerts: * Diff crosses above/below 0. * Average Diff crosses above/below 0. * State changes: GREEN / RED / YELLOW / BLUE. Notes & limitations: * VWAP is session-anchored and best on intraday data. If not applicable on the selected calculation TF, the script automatically falls back to EMA. * Default parameters (SMA(20) for BB/KC, multipliers 2.0, SMA(5) smoothing, trend logic and bar painting) preserve the original appearance. Release notes: v6.0 — Rewritten in Pine v6 with structured inputs and guards. Multi-MA support (SMA/EMA/WMA/RMA/HMA/VWMA/VWAP). Calculation timeframe via request.security() for multi-TF workflows. Safe division; optional zero line; optional true Blue color. Original visuals and behavior preserved by default. License / disclaimer: © waranyu.trkm — MIT License. Educational use only; not financial advice.
Pine Script® indicator
by waranyutrkm
Imbalance No SL📊 Strategy Name: Imbalance No SL This strategy specially trades on price jumps (true imbalances) in the market, takes advantage of momentum only, and as soon as the opposite signal and profit is received, the trade is closed immediately. Imbalance No SL strategy specially generates buy and sell signals based on "Imbalance" logic, without any fixed Stop Loss. 🔍 Core Logic Imbalance Detection Bullish Imbalance : When the low of the current candle is above the high of the previous candle. (i.e. a jump type gap occurred in the market – demand is high, price went straight up) Bearish Imbalance : When the high of the current candle is below the low of the previous candle. (i.e. the market suddenly fell down) Creating Visual Box and Label on Signal: As soon as bullish imbalance is found, green box & IMB BULL label is displayed on the chart. Bearish has red box & IMB BEAR label. Trade Entry Logic BUY on Bullish Imbalance: If there is already a buy or neutral position, then a new “BUY” signal will fire. SELL on Bearish Imbalance: If already in sell or neutral position, then new “SELL” signal will fire. You can set quantity/lot size from ‘qty’ input field. Trade Average Calculation Buy/Sell maintains average price and their count (so that if averaging is done then correct P&L is calculated). Trade Exit Logic (Profit Booking/Signal Reverse) If your buy is going on and bearish imbalance is formed + price is above your average, then buy will be closed (profit condition). If sell is going on and bullish imbalance is formed + price is below average, then sell will be closed. Chart Cleaning/Management Only keep the label and box of the latest signal on the chart, old boxes/labels are automatically deleted. Alert You can get alert on bullish or bearish signal (by using alert feature of TradingView). ✅ Simple Explanation for User This strategy buys or sells directly at the gap (imbalance). Whenever there is a clear signal of momentum in the market (breakout of the gap), then the trade entry takes place. When there is an imbalance in the opposite direction and profit is made, the system closes the trade (closes). There is no fixed stop-loss, risk management is handled by trade averaging/close. You will know at every point on the visually chart that at which bar the buy, sell and exit took place. ⚠️ What to remember? If the market is in trend then this script gives very good signals. In choppy/sideways market, some loss trades can also come because there is no SL. Big profit or big loss – both depend on the imbalance signal and market speed.
Pine Script® strategy
by cnagda3
T-Virus Sentiment [hapharmonic]🧬 T-Virus Sentiment: Visualize the Market's DNA Remember the iconic T-Virus vial from the first Resident Evil? That powerful, swirling helix of potential has always fascinated me. It sparked an idea: what if we could visualize the market's underlying health in a similar way? What if we could capture the "genetic code" of market sentiment and contain it within a dynamic, 3D indicator? This project is the result of that idea, brought to life with Pine Script. The indicator's main goal is to measure the strength and direction of market sentiment by analyzing the "genetic code" of price action through a variety of trusted indicators. The result is displayed as a liquid level within a DNA helix, a bubble density representing buying pressure, and a T-Virus mascot that reflects the overall mood. 🧐 Core Concept: How It Works The primary output of the indicator is the "Active %" gauge you see on the right side of the vial. This percentage represents the overall sentiment score, calculated as an average from 7 different technical analysis tools. Each tool is analyzed on every bar and assigned a score from 1 (strong bearish pressure) to 5 (strong bullish potential). In this indicator, we re-imagine market dynamics through the lens of a viral outbreak. A strong bear market is like a virus taking hold, pulling all technical signals down into a state of weakness. Conversely, a powerful bull market is like an antiviral serum ; positive signals rise and spread toward the top of the vial, indicating that the system is being injected with strength. This is not just another line on a chart. It's a comprehensive sentiment dashboard designed to give an immediate, at-a-glance understanding of the confluence between 7 classic technical indicators. The incredible 3D model of the vial itself was inspired by a design concept found here . ⚛️ The 4 Core Elements of T-Virus Sentiment These four elements work in harmony to give a complete, multi-faceted picture of market sentiment. Each component tells a different part of the story. The Virus Mascot: An instant emotional cue. This character provides the quickest possible read on the overall market mood, combining sentiment with volume pressure. The Antiviral Serum Level: The main quantitative output. This is the liquid level in the DNA helix and the percentage gauge on the right, representing the average sentiment score from all 7 indicators. Buy Pressure & Bubble Density: This visualizes volume flow. The density of bubbles represents the intensity of accumulation (buying) versus distribution (selling). It's the "power" behind the move. The Signal Distribution: This shows the confluence (or dispersion) of sentiment. Are all signals bullish and clustered at the top, or are they scattered, indicating a conflicted market? The position of the indicator labels is crucial, as each is assigned to one of five distinct zones: Base Bottom: The market is at its weakest. Signals here suggest strong bearish control and distribution. Lower Zone: The market is still bearish, but signals may be showing early signs of accumulation or bottoming. Neutral Core (Center): A state of balance or sideways consolidation. The market is waiting for a new direction. Upper Zone: Bullish momentum is becoming clear. Signals are strengthening and showing bullish control. Top Cap: The market is "heating up" with strong bullish sentiment, potentially nearing overbought conditions. 🐂🐻 The Virus Mascot: The At-a-Glance Indicator This character acts as a shortcut to confirm market health. It combines the sentiment score with volume, preventing false confidence in a low-volume rally. Its state is determined by a dual-check: the overall "Antiviral Serum Level" and the "Buy Pressure" must both be above 50%. Green & Smiling: The 'all clear' signal. This means that not only is the overall technical sentiment bullish, but it's also being supported by real buying pressure. This is a sign of a healthy bull market. Red & Angry: A warning sign. This appears if either the sentiment is weak, or a bullish sentiment is not being confirmed by buying volume. The latter could indicate a potential "bull trap" or an exhaustive move. This mascot can be disabled from the settings page under "Virus Mascot Styling" if a cleaner look is preferred. 🫧 Bubble Density: Gauging Buy vs. Sell Pressure The bubbles visualize the battle between buyers and sellers. There are two modes to control how this is calculated: Mode 1: Visible Range (The 'Big Picture' View) This default mode is best for getting a broad, contextual understanding of the current session. It dynamically analyzes the volume of every single candlestick currently visible on the screen to calculate the buy/sell pressure ratio. It answers the question: "Over the entire period I'm looking at, who is in control?" As you zoom in or out, the calculation adapts. Mode 2: Custom Lookback (The 'Precision' View) This mode is for traders who need to analyze short-term pressure. You can define a fixed number of recent bars to analyze, which is perfect for scalping or understanding the volume dynamics leading into a key level. It answers the question: "What is happening right now ?" In the example above, a lookback of 2 focuses only on the most recent action, clearly showing intense, immediate selling pressure (few bubbles) and a corresponding drop in the sentiment score to 29%. ℹ️ Interactive Tooltips: Dive Deeper We believe in transparency, not 'black box' indicators. This feature transforms the indicator from a visual aid into an active learning tool. Simply hover the mouse over any indicator label (like EMA, OBV, etc.) to get a detailed tooltip. It will explain the specific data points and thresholds that signal met to be placed in its current zone. This helps build trust in the signals and allows users to fine-tune the indicator settings to better match their own trading style. 🎯 The Scoring Logic Breakdown The "Antiviral Serum Level" gauge is the average score from 7 technical analysis tools. Each is graded on a 5-point scale (1=Strong Bearish to 5=Strong Bullish). Here’s a detailed, transparent look at how each "gene" is evaluated: Relative Strength Index (RSI) Measures momentum and overbought/oversold conditions. Group 1 (Strong Bearish): RSI > 80 (Extreme Overbought) Group 2 (Bearish): 70 < RSI ≤ 80 (Overbought) Group 3 (Neutral): 30 ≤ RSI ≤ 70 Group 4 (Bullish): 20 ≤ RSI < 30 (Oversold) Group 5 (Strong Bullish): RSI < 20 (Extreme Oversold) Exponential Moving Averages (EMA) Evaluates the trend's strength and structure based on the alignment of multiple EMAs (9, 21, 50, 100, 200, 250). Group 1 (Strong Bearish): A perfect bearish sequence (9 < 21 < 50 < ...) Group 2 (Bearish Transition): Early signs of a potential reversal (e.g., 9 > 21 but still below 50) Group 3 (Neutral / Mixed): MAs are intertwined or showing a partial bullish sequence. Group 4 (Bullish): A strong bullish sequence is forming (e.g., 9 > 21 > 50 > 100) Group 5 (Strong Bullish): A perfect bullish sequence (9 > 21 > 50 > 100 > 200 > 250) Moving Average Convergence Divergence (MACD) Analyzes the relationship between two moving averages to gauge momentum. Group 1 (Strong Bearish): MACD & Histogram are negative and momentum is falling. Group 2 (Weakening Bearish): MACD is negative but the histogram is rising or positive. Group 3 (Neutral / Crossover): A crossover event is occurring near the zero line. Group 4 (Bullish): MACD & Histogram are positive. Group 5 (Strong Bullish): MACD & Histogram are positive, rising strongly, and accelerating. Average Directional Index (ADX) Measures trend strength, not direction. The score is based on both ADX value and the dominance of DI+ vs DI-. Group 1 (Bearish / No Trend): ADX < 20 and DI- is dominant. Group 2 (Developing Bearish Trend): 20 ≤ ADX < 25 and DI- is dominant. Group 3 (Neutral / Indecision): Trend is weak or DI+ and DI- are nearly equal. Group 4 (Developing Bullish Trend): 25 ≤ ADX ≤ 40 and DI+ is dominant. Group 5 (Strong Bullish Trend): ADX > 40 and DI+ is dominant. Ichimoku Cloud (IKH) A comprehensive indicator that defines support/resistance, momentum, and trend direction. Group 1 (Strong Bearish): Price is below the Kumo, Tenkan < Kijun, and Chikou is below price. Group 2 (Bearish): Price is inside or below the Kumo, with mixed secondary signals. Group 3 (Neutral / Ranging): Price is inside the Kumo, often with a Tenkan/Kijun cross. Group 4 (Bullish): Price is above the Kumo with strong primary signals. Group 5 (Strong Bullish): All signals are aligned bullishly: price above Kumo, bullish Tenkan/Kijun cross, bullish future Kumo, and Chikou above price. Bollinger Bands (BB) Measures volatility and relative price levels. Group 1 (Strong Bearish): Price is below the lower band. Group 2 (Bearish Territory): Price is between the lower band and the basis line. Group 3 (Neutral): Price is hovering around the basis line. Group 4 (Bullish Territory): Price is between the basis line and the upper band. Group 5 (Strong Bullish): Price is above the upper band. On-Balance Volume (OBV) Uses volume flow to predict price changes. The score is based on OBV's trend and its position relative to its moving average. Group 1 (Strong Bearish): OBV is below its MA and falling. Group 2 (Weakening Bearish): OBV is below its MA but showing signs of rising. Group 3 (Neutral): OBV is very close to its MA. Group 4 (Bullish): OBV is above its MA and rising. Group 5 (Strong Bullish): OBV is above its MA, rising strongly, and showing signs of a volume spike. 🧭 How to Use the T-Virus Sentiment Indicator IMPORTANT: This indicator is a sentiment dashboard , not a direct buy/sell signal generator. Its strength lies in showing confluence and providing a quick, holistic view of the market's technical health. Confirmation Tool: Use the "Active %" gauge to confirm a trade setup from your primary strategy. For example, if you see a bullish chart pattern, a high and rising sentiment score can add confidence to your trade. Momentum & Trend Gauge: A consistently high score (e.g., > 75%) suggests strong, established bullish momentum. A consistently low score (< 25%) suggests strong bearish control. A score hovering around 50% often indicates a ranging or indecisive market. Divergence & Warning System: Pay attention to divergences. If the price is making new highs but the sentiment score is failing to follow or is actively decreasing, it could be an early warning sign that the underlying momentum is weakening. ⚙️ Settings & Customization The indicator is highly customizable to fit any trading style. Position & Anchor: Control where the vial appears on the chart. Styling (Vial, Helix, etc.): Nearly every visual element can be color-customized. Signals: This is where the real power is. All underlying indicator parameters (RSI length, MACD settings, etc.) can be fine-tuned to match a personal strategy. The text labels can also be disabled if the chart feels cluttered. Enjoy visualizing the market's DNA with the T-Virus Sentiment indicator
Pine Script® indicator
by hapharmonic
16
Quarterly Theory —Q1,Q2,Q3,Q4The Quarterly Theory Indicator is a trading tool designed to visualize the natural time-based cycles of the market, based on the principles of Quarterly Theory, popularized by the Inner Circle Trader (ICT). The indicator divides market sessions into four equal “quarters” to help traders identify potential accumulation, manipulation, and distribution phases (AMD model) and improve the timing of entries and exits. Key Features: Quarter Divisions (Q1–Q4): Each market session (e.g., NY AM, London, Asia) is divided into four quarters. Vertical lines mark the beginning of each quarter, making it easy to track session structure. Optional labels show Q1, Q2, Q3, and Q4 directly on the chart. True Open (Q2 Open): The True Open is the opening price of Q2, considered a key reference point in Quarterly Theory. A horizontal red line is drawn at the True Open price with a label showing the exact value. This line helps traders filter bullish and bearish setups: Buy below the True Open if the market is bullish. Sell above the True Open if the market is bearish. Session Awareness: The indicator can automatically detect market sessions and reset lines and labels for each new session. Ensures that only the current session’s True Open and quarter lines are displayed, reducing chart clutter. Timeframe Flexibility: Works on any chart timeframe (1-minute to daily). Maintains accurate alignment of quarters and True Open regardless of the timeframe used. Purpose of Quarterly Theory: Quarterly Theory is based on the idea that market behavior is fractal and time-driven. By dividing sessions into four quarters, traders can anticipate potential market phases: Q1: Initial price discovery and setup for the session. Q2: Accumulation or manipulation phase, where the True Open is established. Q3: Manipulation or Judas Swing phase designed to trap traders. Q4: Distribution or trend continuation/reversal. By visualizing these quarters and the True Open, traders can reduce ambiguity, identify high-probability setups, and improve their timing in line with the ICT AMD (Accumulation, Manipulation, Distribution) framework.
Pine Script® indicator
by samgarratt272
VSA Signals [odnac]This indicator applies Volume Spread Analysis (VSA) concepts to highlight important supply and demand events directly on the chart. It automatically detects common VSA patterns using price spread, relative volume, and candle structure, with optional trend filtering for higher accuracy. Features: Stopping Volume (SV): Signals potential end of a downtrend when heavy buying appears. Buying Climax (BC): Indicates exhaustion of an uptrend with heavy volume near the top. No Supply (NS): Weak selling pressure, often a bullish sign in an uptrend. No Demand (ND): Weak buying interest, often a bearish sign in a downtrend. Test: Low-volume test bar probing for supply. Up-thrust (UT): Failed breakout with long upper wick, often a bearish trap. Shakeout: Bear trap with high-volume wide down bar closing low. Demand Absorption (DA): Demand absorbing heavy selling pressure. Supply Absorption (SA): Supply absorbing heavy buying pressure. Additional Options: Background highlights for detected signals. Configurable moving average (SMA, EMA, WMA, VWMA) as a trend filter. Adjustable multipliers for volume and spread sensitivity. Legend table for quick reference of signals and meanings. Alerts available for all signals. This tool is designed to help traders spot professional accumulation and distribution activity and to improve trade timing by recognizing supply/demand imbalances in the market.
Pine Script® indicator
by odnac
3