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FNGAdataLow“Low prices for FNGA ETF (Dec 2018–May 2025) The Low prices for FNGA ETF (December 2018 – May 2025) capture the lowest trading price reached during each regular U.S. market session over the entire lifespan of this leveraged exchange-traded note. Initially launched under the ticker FNGU, and later rebranded as FNGA in March 2025 before its eventual redemption, the fund was structured to deliver 3x daily leveraged exposure to the MicroSectors FANG+™ Index. This index concentrated on a small basket of leading technology and tech-enabled growth companies such as Meta (Facebook), Amazon, Apple, Netflix, and Alphabet (Google), along with a few other innovators. The Low price is particularly important in the study of FNGA because it highlights the intraday downside extremes of a highly volatile, leveraged product. Since FNGA was designed to reset leverage daily, its lows often reflected moments of amplified market stress, when declines in the underlying FANG+™ stocks were multiplied through the 3x leverage structure.
Pine Script® library
by bsouthhh
Low volatility Buy w/ TP & SL (Coinrule)The compression of volatility usually leads to expansion. When the breakout comes, it can ignite strong trends. One way to catch a coin trading in an accumulation area is to spot three moving averages with values close to each other. The strategy uses a combination of Moving Averages to spot the best time to buy a coin before its breakout. Buy Condition The MA200 is greater than the MA100 The MA50 is greater than the MA100 According to backtesting results, the 1-hour time frame is the best to run this strategy. Sell Condition Take Profit: the price increases 8% from the entry price Stop Loss: the price drops 4% from the entry price The strategy has a profitability of 40-60% (depending on the market conditions). Having a ratio of two between Take profit and Stop Loss helps keeping the strategy profitable in the long term.
Pine Script® strategy
by Coinrule
Aroon with RSI Confirmation (92.86%)This script is an analytical tool designed to identify moments in market behavior when price momentum is shifting. It does this by combining two concepts: **Aroon Levels** (to measure trend maturity) and **RSI Slope Behavior** (to measure short-term momentum pressure). **Functional Concept (Professional Description)** The indicator examines when either the *Aroon Up* or *Aroon Down* value reaches approximately **92.86%**, which statistically represents a phase where price has recently made an extreme high or low relative to the selected period. This level suggests the trend is nearing a point of *decision*—either continuation or exhaustion. At the same time, the script analyzes the **relationship between the RSI and its smoothed average**. The difference between the two reflects whether momentum is accelerating in the current direction or slowing. A small difference indicates **market stability**, while whether RSI is positioned above or below the smoothed line indicates **who has control**—buyers or sellers. By requiring both conditions to align, the script filters out random noise and highlights moments where **trend structure and momentum sentiment converge**. * **Buy Signal:** Occurs when the market has recently formed a significant low (Aroon Down ≈ 92.86) and buyers begin to regain control (RSI crosses above its smoothed value with low volatility). * **Sell Signal:** Occurs when the market has recently reached a significant high (Aroon Up ≈ 92.86) and sellers begin to dominate (RSI slips below its smoothed value with low volatility). --- **Psychological Interpretation** Markets are driven by cycles of **attention**, **emotion**, and **participation**. This script targets moments when: 1. **Price has made a meaningful extreme** (a recent new high or low). This is where crowd sentiment is often strongest—either euphoria near highs or pessimism near lows. 2. **Traders are reassessing direction**, shown by momentum flattening (small RSI difference). This reveals that participants are hesitating, watching, and waiting. The market is effectively *thinking*. 3. **Control shifts subtly**, when RSI moves relative to its smoothed trend. This indicates that early, informed participation is beginning to form—before the broader crowd reacts. In psychological terms, the script highlights the **transitional turning points** where: * Fear begins to weaken and confidence returns (buy setup), or * Confidence begins to crumble and caution emerges (sell setup). These are the earliest moments when market sentiment **changes hands**, often preceding visible trend reversals. The indicator is not reacting to outcomes—it is observing the underlying shift in **decision-making pressure** among market participants. --- In essence, this tool identifies **behavioral inflection points**—where the market transitions from one emotional state to the next—providing traders with signals grounded in both structural trend positioning and real-time crowd momentum behavior.
Pine Script® indicator
by jaydipali622018
Multi-Method Candle Repainter by Mustang Algo# 🎯 Candle Repainter - Price Direction by Mustang Algo ## Overview A powerful and intuitive indicator that repaints candles in real-time based on price direction detection. This tool helps traders quickly identify market trends by coloring candles according to bullish, bearish, or neutral momentum using multiple proven technical analysis methods. ## 🌟 Key Features ### 5 Detection Methods Choose from multiple sophisticated algorithms to detect price direction: 1. **EMA Trend** - Compares price against Exponential Moving Average with momentum confirmation (price above EMA + upward movement) 2. **Price vs SMA** - Classic crossover method using Simple Moving Average (price position relative to SMA) 3. **Momentum** - Pure momentum-based detection for aggressive signals (rate of price change) 4. **Higher High/Lower Low** - Structure-based analysis identifying swing points and price patterns 5. **Supertrend** - Popular ATR-based trend following system for reliable trend identification ### Visual Features - 🟢 **Green Candles** - Bullish trend detected - 🔴 **Red Candles** - Bearish trend detected - ⚪ **Gray Candles** - Neutral/indecisive market - 🔺 **Triangle Signals** - Mark trend changes (optional, clean by default) - 📊 **Background Coloring** - Subtle background highlighting for zones - 📈 **Overlay Indicators** - Display the chosen MA/Supertrend line for reference ### Smart Signal System - **Default Mode**: Shows triangles ONLY on trend changes (cleaner charts, less noise) - **All Candles Mode**: Display signals on every bullish/bearish candle (more aggressive) - Fully customizable signal visibility - Real-time statistics dashboard ## ⚙️ Customizable Parameters ### Method-Specific Settings - **EMA Length** (default: 20) - For EMA Trend method - adjust based on your timeframe - **SMA Length** (default: 50) - For Price vs SMA method - classic period for trend detection - **Momentum Period** (default: 14) - For Momentum method - sensitivity control - **HH/LL Lookback** (default: 10) - For Higher High/Lower Low method - swing detection range - **ATR Period** (default: 10) - For Supertrend method - volatility measurement period - **ATR Multiplier** (default: 3.0) - For Supertrend method - trend sensitivity control ### Visual Controls - Toggle signal display on/off - Choose between change signals or all candles - Background highlighting control - Clean, minimalist interface ## 📊 Real-Time Dashboard A compact information table displays: - Current trend direction (BULLISH 🔼 / BEARISH 🔽 / NEUTRAL ➡️) - Active detection method - Creator credit (Mustang Algo) - Real-time status updates ## 🔔 Built-in Alerts Set up automated alerts for: - Bullish trend changes - "Switch to BULLISH trend" - Bearish trend changes - "Switch to BEARISH trend" - Get notified on any device when market direction changes ## 💡 How to Use ### For Day Traders - Use **EMA Trend** with shorter periods (10-20) - Enable "Show on all candles" for continuous feedback - Combine with volume for confirmation - Best on 5m-15m timeframes ### For Swing Traders - Use **Supertrend** or **Price vs SMA** with longer periods (50-200) - Keep default "changes only" mode for cleaner entries - Perfect for multi-timeframe analysis - Best on 1H-4H-Daily timeframes ### For Scalpers - Use **Momentum** method for fastest signals - Lower timeframes (1m-5m) - Combine with support/resistance levels - Quick entries on trend changes ### For Position Traders - Use **Higher High/Lower Low** on higher timeframes - Weekly or Daily charts - Focus on structural changes in the market ## 🎨 Best Practices 1. **Multiple Timeframes**: Always confirm direction on a higher timeframe before entering 2. **Combine Methods**: Test different detection methods for your specific asset and timeframe 3. **Risk Management**: Always use stop-losses - don't rely solely on color changes 4. **Backtesting**: Test parameters on historical data before live trading 5. **Context Matters**: Use with support/resistance, volume, and market structure 6. **No Holy Grail**: This is a tool to assist your analysis, not a standalone trading system ## ⚠️ Important Notes - This is a **repainting indicator** - signals may adjust as new price data arrives (by design for real-time trend following) - Best used for **trend confirmation and direction bias**, not as standalone entry/exit signals - Different methods work better in different market conditions (trending vs ranging) - Always combine with proper risk management and position sizing - No indicator is perfect - false signals can occur, especially in choppy/ranging markets ## 📈 Recommended Settings by Market ### Crypto (High Volatility) - Method: **Supertrend** - ATR Period: 10 - ATR Multiplier: 3.0 - Timeframe: 15m - 4H - Works well in trending crypto markets ### Forex (Trending Markets) - Method: **EMA Trend** or **Price vs SMA** - Period: 20-50 - Timeframe: 1H - Daily - Excellent for major pairs ### Stocks (Moderate Volatility) - Method: **Higher High/Lower Low** - Lookback: 10-15 - Timeframe: Daily - Weekly - Great for swing trading stocks ### Indices (Clear Trends) - Method: **Price vs SMA** - SMA Length: 50-200 - Timeframe: 4H - Daily - Classic trend following on indices ### Commodities - Method: **Supertrend** - ATR Period: 10-14 - Timeframe: 1H - Daily - Adapts well to commodity volatility ## 🚀 Quick Start Guide 1. Add indicator to your chart 2. Select your preferred detection method from the dropdown 3. Adjust parameters based on your timeframe and market 4. Observe candle colors for trend direction 5. Look for triangle signals on trend changes 6. Set up alerts for automated notifications 7. Combine with your existing trading strategy ## 🔧 Advanced Tips - **Combining with other indicators**: Works great with RSI, MACD, or volume indicators - **Filter false signals**: Use on higher timeframe to filter lower timeframe noise - **Trend confirmation**: Wait for 2-3 consecutive colored candles before entry - **Exit strategy**: Consider exiting when candle color changes or use fixed targets - **Avoid ranging markets**: This indicator performs best in trending conditions ## 📚 Educational Value This indicator teaches: - How different technical methods identify trends - The concept of trend following vs momentum trading - The importance of trend direction in trading decisions - How to combine multiple timeframes for better analysis ## 🏆 Credits **Created by Mustang Algo** Version 1.0 - November 2025 For the trader who values simplicity, clarity, and effective trend detection. ## 📞 Support & Feedback If you find this indicator useful: - Leave a comment with your feedback - Share your results and optimal settings - Suggest improvements or additional features - Report any bugs or issues --- ## Tags `trend` `candles` `repainter` `moving-average` `supertrend` `momentum` `signals` `alerts` `price-action` `trend-following` `daytrading` `swingtrading` `multi-method` `beginner-friendly` ## Category **Trend Analysis / Candles** ## License Open source - Free to use and modify for personal trading --- *Remember: Trading involves risk. Always use proper risk management and never risk more than you can afford to lose. This indicator is a tool to assist your analysis, not financial advice.*
Pine Script® indicator
by MustangAlgo
Target Trend + Filter Toggles [ChadAnt] V3Minor Update that allows the user to adjust the size of the stop loss. Indicator Overview and Core Logic CREDIT TO BIGBELUGA FOR THE MAIN INDICATOR The indicator, named "Target Trend + Filter Toggles", is an overlay that draws directly on the price chart. 1. Core Trend Detection (Modified SMA Channel) The indicator uses a primary trend-following mechanism based on a custom channel built with Simple Moving Averages (SMAs) and Average True Range (ATR): SMA High: ta.sma(high, length) + atr_value SMA Low: ta.sma(low, length) - atr_value The length is set by the user (default 20). The atr_value is a smoothed ATR (SMA of ATR(200), multiplied by 0.8), acting as an offset to create a channel around the price action. Trend Logic: Uptrend (trend=true): When the close price crosses over the sma_high line. Downtrend (trend=false): When the close price crosses under the sma_low line. Visual Trend: The candles are colored based on this determined trend, and the SMA High/Low lines are plotted. 2. Signal Generation (Raw vs. Filtered) Raw Signal: A raw signal (signal_up_raw or signal_down_raw) is triggered simply when the core trend logic changes (e.g., trend changes from down to up). Filtered Signal: The final buy/sell signal (signal_up or signal_down) is triggered only when the raw signal is true AND all currently active filter toggles are confirmed within a specified filter_lookback period (default 3 bars). ⚙️ Filter Toggles and Calculations The script includes an extensive system of boolean (on/off) toggles for various popular technical indicators, allowing the user to customize which filters must be confirmed for a signal to be valid. FILTER CATEGORIES: MACD, VOLUME, STOCHRSI, AWESOME OSCILLATOR, MOVING AVERAGE, VWAP, COUNTERTREND MA COUNTERTREND VWAP The script uses a for loop to check if the required confirmation happened within the last filter_lookback number of bars. 🎯 Target and Stop-Loss Levels Upon a valid filtered signal (signal_up or signal_down), the indicator uses an extensive user-defined type (TrendTargets) and a custom draw_targets method to draw potential trade management lines: Entry Price: The close price of the bar where the filtered signal occurred. Stop Loss (SL): For a Long signal: The sma_low line (the lower band of the trend channel). For a Short signal: The sma_high line (the upper band of the trend channel). Profit Targets (T1, T2, T3): These are calculated based on the ATR multiplier (atr_value) and an adjustable user input called target (default 1). Targets are a multiple of atr_value added to (for longs) or subtracted from (for shorts) the Entry Price. T1: Entry +/- (5 + target) * atr_value T2: Entry +/- (10 + target * 2) * atr_value T3: Entry +/- (15 + target * 3) * atr_value These levels are plotted as extended lines with corresponding labels (e.g., "SL," "Entry," "T1"). The script also includes logic to mark targets with a "✔" and the stop-loss with an "✖" if the price hits those levels. 🎨 Visualization The script provides clear visual cues: Candle Coloring: Candles are colored with up_color (Green/Teal) for an uptrend and dn_color (Brown/Orange) for a downtrend. Trend Lines: The sma_high and sma_low lines are plotted and subtly shaded between the price action. Signal Shapes: A filtered signal triggers a set of two colored triangles (one small solid, one large transparent) plotted below the low for a long signal and above the high for a short signal. Trade Zones: The area between the Stop Loss and the Entry line is shaded in the counter-trend color, and the area between the Entry line and the T3 line is shaded in the trend color. This indicator is essentially a complete trading system that uses a combination of an ATR-based trend channel for entries, a multitude of technical indicators for confirmation, and an ATR-based system for trade management (SL/TPs). Would you like me to focus on a specific filter's logic, or perhaps help you configure the indicator's inputs for a certain trading style?
Pine Script® indicator
by ChadAnt
Candle Repainter - Price Direction # 🎯 Candle Repainter - Price Direction by Mustang Algo ## Overview A powerful and versatile indicator that repaints candles in real-time based on price direction detection. This tool helps traders quickly identify market trends by coloring candles according to bullish, bearish, or neutral momentum. ## 🌟 Key Features ### 5 Detection Methods Choose from multiple sophisticated algorithms to detect price direction: 1. **EMA Trend** - Compares price against Exponential Moving Average with momentum confirmation 2. **Price vs SMA** - Classic crossover method using Simple Moving Average 3. **Momentum** - Pure momentum-based detection for aggressive signals 4. **Higher High/Lower Low** - Structure-based analysis identifying swing points 5. **Supertrend** - Popular ATR-based trend following system ### Visual Features - 🟢 **Green Candles** - Bullish trend detected - 🔴 **Red Candles** - Bearish trend detected - ⚪ **Gray Candles** - Neutral/indecisive market - 🔺 **Triangle Signals** - Mark trend changes (optional) - 📊 **Background Coloring** - Subtle background highlighting - 📈 **Overlay Indicators** - Display the chosen MA/Supertrend line ### Smart Signal System - **Default Mode**: Shows triangles ONLY on trend changes (cleaner charts) - **All Candles Mode**: Display signals on every bullish/bearish candle - Customizable signal visibility - Real-time statistics table ## ⚙️ Customizable Parameters ### Method-Specific Settings - **EMA Length** (default: 20) - For EMA Trend method - **SMA Length** (default: 50) - For Price vs SMA method - **Momentum Period** (default: 14) - For Momentum method - **HH/LL Lookback** (default: 10) - For Higher High/Lower Low method - **ATR Period** (default: 10) - For Supertrend method - **ATR Multiplier** (default: 3.0) - For Supertrend method ### Visual Controls - Toggle signal display on/off - Choose between change signals or all candles - Background highlighting control ## 📊 Real-Time Dashboard A compact table displays: - Current trend direction (Bullish/Bearish/Neutral) - Active detection method - Creator credit (Mustang Algo) ## 🔔 Built-in Alerts Set up automated alerts for: - Bullish trend changes - Bearish trend changes ## 💡 How to Use ### For Day Traders - Use **EMA Trend** with shorter periods (10-20) - Enable "Show all candles" for continuous feedback - Combine with volume for confirmation ### For Swing Traders - Use **Supertrend** or **Price vs SMA** with longer periods (50-200) - Keep default "changes only" mode for cleaner entries - Perfect for multi-timeframe analysis ### For Scalpers - Use **Momentum** method for fastest signals - Lower timeframes (1m-5m) - Combine with support/resistance levels ## 🎨 Best Practices 1. **Multiple Timeframes**: Confirm direction on higher timeframe 2. **Combine Methods**: Test different detection methods for your asset 3. **Risk Management**: Use stop-losses, don't rely solely on color changes 4. **Backtesting**: Test parameters on historical data before live trading ## ⚠️ Important Notes - This is a **repainting indicator** - signals may change as new data arrives - Best used for **trend confirmation**, not as standalone entry/exit signals - Different methods work better on different market conditions - Always combine with proper risk management ## 📈 Recommended Settings by Market ### Crypto (High Volatility) - Method: Supertrend - ATR Period: 10 - ATR Multiplier: 3.0 ### Forex (Trending Markets) - Method: EMA Trend or Price vs SMA - Period: 20-50 ### Stocks (Moderate Volatility) - Method: Higher High/Lower Low - Lookback: 10-15 ## 🏆 Credits **Created by Mustang Algo** Version 1.0 - November 2025 ## 📞 Support For questions, suggestions, or bug reports, please contact Mustang Algo. --- ### Tags `trend` `candles` `repainter` `moving-average` `supertrend` `momentum` `signals` `alerts` `multi-method` `daytrading` `swingtrading` ### Category Trend Analysis ### License This indicator is open source. Feel free to modify and adapt to your needs.
Pine Script® indicator
by MustangAlgo