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3x SuperTrend Strategy (Mel0nTek) V1This is a triple SuperTrend based strategy for lower time frame trades such as day trades and scalping. I have not seen many strategies that combine multiple SuperTrends so I thought I would publish this one since I put it together and have been quite happy with the results. I have found through testing that the best results are on currency exchange markets such as Crypto or Forex on 1-15 min time frames. The core idea was inspired by a youtube video put out by Trade Pro: "Trade Pro - HIGHEST PROFIT Triple Supertrend Trading Strategy Proven 100 Trade Results" I went ahead and set the defaults to the ones he uses in his video for anyone who wants to try a configuration similar to his. They work pretty well in general, however the EMA, SuperTrend ATR multipliers, and P/L ratio can be tuned/optimized to fit the timeframe/market desired. The video is quite good but not a required watch as I will explain below. The 200EMA is used as a medium-term trend direction indicator. - Price closing consistently above the 200EMA means that only long positions should be entered. - Price closing consistently below 200EMA means that only short positions should be entered. The 3 SuperTrend indicators should be used as direction confirmation for entries. Typically, price above SuperTrend indicates bullish movement, while price below SuperTrend indicates Bearish movement. However by itself, it is not a great indication to enter/exit positions in my experience. By combining 3 of them with slightly longer periods and increased ATR multipliers, we can get much stronger confirmation of trend direction/strength. The way they are used in this strategy is such that: - We only want to enter a position if at least 2 out of 3 SuperTrends are on our side. - 3/3 SuperTrends on our side is the best case, since we are taking trades WITH momentum/price strength. - The second farthest SuperTrend from entry price is used as a Stop Loss SuperTrend being on our side is not the only requirement for an entry however. The probability of success is increased with SuperTrend, and a longer EMA on our side, but we want to be sure that we aren't getting in too late/after the movement has already happened. So we use Stoch RSI to pick our entries where price is oversold/overbought and reversing. That means the Stoch RSI is above 80, or below 20, and our indication to enter the trade is when the 2 lines cross/begin reversing direction. So with trend direction on our side, we can get really good entries at these oversold/overbought extremes, especially as it's reversing (Stoch RSI K and D are crossing). This allows us to use the SuperTrend as a support/stop loss on our entry since price should be above it. Then we just target 1.5x our max loss so that even if we only win 50% of the time, we still make a profit. The explicit rules of this strategy are as follows: === Rules === long only - price above EMA200 short only - price below EMA200 Stop Loss = 2nd SuperTrend line above (short) or below(long) entry candle Profit = 1.5x SL/risk (Profit Ratio x Max Loss) === Entry Setup === LONG - Stoch RSI below 20, cross up - at least 2 SuperTrend lines below close SHORT - Stoch RSI above 80, cross down - at least 2 SuperTrend lines above close P.S. Special thanks to Trade Pro for producing so many quality videos, putting strategy claims to the test, and providing me with so many good ideas I apply to my own strategies.
Pine Script® strategy
by mel0n
31
Inverse BandsThis was the result of quite some time spent examining how much information could be gleamed by studying the interactions between Keltner Channels, STARC Bands and Bollinger Bands. I was surprised by the results. First of all, there are four fills that are black. Set the transparency of those to 0 and you'll see this indicator the way that it's meant to be seen. Those fills belong to unused sections of the Bollinger Bands. There are two clouds which represent STARC Bands and the Keltner Channel. There is some delay when they flip from bullish (green) to bearish (red), but they are indicative of the trend. The space between them is black and the narrower that space is, the greater volatility is. Because of this, we don't need the exterior Bollinger Bands. The Bollinger Bands remain visible as the yellow interior clouds on the top cloud and the blue interior clouds on the bottom cloud. Often, the thicker the yellow or blue cloud is, the less severe a throwback from a given trend reversal will be. Often the thinner that yellow or blue cloud is, the more severe the trend reversal will be. If price is rising into a thin interior yellow cloud, the following dip will be substantial. If price action dips towards a thicker interior blue cloud, often the pump following that dump will be less enthusiastic. We preserve the Keltner Channel and STARC bands as our cloud because the way that they interact with the three basis lines yields a lot of information. The yellow Bollinger basis line tells us about trend strength. The closer the BB basis line is to the top of the top cloud or the bottom of the bottom cloud, the stronger the trend is. When it enters the cloud very close to the bottom of the bottom cloud, you know you're looking at a strong pump, and vice versa when it's close to the top of the top cloud. The purple Keltner Channel basis line and orange STARC Band basis line can forecast short term trend changes one candlestick in advance by contacting any line in either cloud. The moment either basis line touches or crosses any boundary of the clouds, you know that the next candle will change directions. In an uptrend, a touch or cross means the next candle will have a lower high point. In a downtrend, a cross or touch means the next candle will have a higher high point. This is most useful in scalping. It'd be pretty easy to slap some crossover alerts on to this and useful considering that they come a candle in advance. Feel free to further explore and develop this.
Pine Script® indicator
by ChronicMasturTrader
6
Phoenix Ascending 2.201Hi Everyone! It's time to make this indicator public to relieve myself of replying to requests for access. There has been an update to this indicator; in which a Stochastic RSI was added to this indicator. Please follow the directions to SETUP the indicator in the SETUP VIDEO provided below. Phoenix Ascending 2.201 and Bollinger Bands Setup Video. The following are BASIC rules for the Phoenix 2.201 Indicator. More advanced rules and the requirements for those rules can be found in my publications in my public profile. Unfortunately, I do not have organized videos created on how to use this indicator in full but will be available in the future. IMPORTANT: The BASIC rules below are beneficial but these are NOT all the rules. More rules and requirements for those rules will be available in the future. RULE NO. 1 We PREFER the Blue LSMA to be at 80% or higher for SAFE EXIT (SHORT) bets. We PREFER the Blue LSMA to be at 20% or lower for SAFE ENTRY (LONG) bets. Rule No. 2 ANY time the red line is approaching a green line that’s moving UPWARD, Be prepared to make an ENTRY (LONG) when the red line is about to touch the green line that’s moving upward. One can look at a lower time frame to get a better idea of how much longer you may have To wait for the red line to touch the green line. In many cases, you may make ENTRY (LONG) Just before the red line actually touches the green line that’s moving up in that higher time frame You were initially using as your COMPASS. I currently have the 1-Month TF as a compass for EURUSD. Rule No. 3 ANY time the red line is approaching a green line that’s moving DOWNWARD, Be prepared to make an EXIT (SHORT) when the red line is about to touch the green line that’s moving downward. One can look at a lower time frame to get a better idea of how much longer you may have To wait for the red line to touch the green line. In many cases, you may make your EXIT (SHORT) Just before the red line actually touches the green line that’s moving downward in that higher time frame You were initially using as your COMPASS. I currently have the 1-Month TF as a compass for EURUSD. Rule No. 4 The Green Line and/or Ghost Line can often help one determine when an upward or downward move in a particular time frame Is nearly exhausted and about to reverse. Example for Upside Exhaustion about to reverse to the Downside: When the Green Line and/or Ghost line is at 80% level or higher, this is a good indicator to inform Us the current upside move may be approaching exhaustion. You can look at a higher time frame to try to gain More insight as to whether this will only be a brief dip down in the lower time frame IF the higher time frame you Went to reveals there is a lot more room remaining for the Green and/or Ghost Lines to reach the 80% or higher level. Example for Downside Exhaustion about to reverse to the Upside: When the Green Line and/or Ghost line is at 20% level or lower, this is a good indicator to inform Us the current downside move may be approaching exhaustion. You can look at a higher time frame to try to gain More insight as to whether this will only be a brief dip up in the lower time frame IF the higher time frame you Went to reveals there is a lot more room remaining for the Green and/or Ghost Lines to reach the 20% or lower level. Rule No. 5 The same rules you see in Rule No. 4 also apply to the Stochastic RSI. Keep in mind I changed the colors of the Stochastic RSI to the following: Red default changed to Purple and Blue changed changed to Black to avoid confusing Them with the lines in Godmode. When the Stochastic RSI is at 80% or higher level, we need to be on guard for a reversal to the downside. When the Stochastic RSI is at 20% or lower level, we need to be on guard for a reversal to the upside. EXTREMELY IMPORTANT to apply these rules in GROUPS OF TIME FRAMES. "TYPES" OF TIME FRAME GROUP TRADING SIGNALS Scalping Group Signals: Signals provided for this group involve analyzing the following two groups of time frames. Short Term Group as a compass and Scalping Group for confirmation and more precise entry/exit. Scalping Group: 6min. 12min. 23min & 45min. Short Term Group: 90min. 3hr. 6hr. & 12hr. Short Term Group Signals: Signals provided for this group involve analyzing the following two groups of time frames. NearTerm Group as a compass and Short Term Group for confirmation and more precise entry/exit. Short Term Group: 90min. 3hr. 6hr. & 12hr. Near Term Group: 24hr. 2-Day, 3-Day & 4-Day Near Term Group Signals: Signals provided for this group involve analyzing the following two groups of time frames. Mid Term Group as a compass and Near Term Group for confirmation and more precise entry/exit. Near Term Group: 24hr. 2-Day, 3-Day & 4-Day Mid Term Group: 3-Day, 6-Day, 9-Day & 12-Day Mid Term Group Signals: Signals provided for this group involve analyzing the following two groups of time frames. Long Term Group as a compass and Mid Term Group for confirmation and more precise entry/exit. Mid Term Group: 3-Day, 6-Day, 9-Day & 12-Day Long Term Group: 1-Week, 2-Week, 3-Week & 4-Week Long Term Group Signals: Signals provided for this group involve analyzing the following two groups of time frames. Macro Term Group as a compass and Long Term Group for confirmation and more precise entry/exit. Long Term Group: 1-Week, 2-Week, 3-Week & 4-Week Macro Term Group: 1-Month, 2-Month, 3-Month & 4-Month Macro Term Group Signals: Signals provided for this group involve analyzing the following two groups of time frames. Macro Term Group as a compass and Long Term Group for confirmation and more precise entry/exit. Macro Term Group: 1-Month, 2-Month, 3-Month & 4-Month Super Macro Group: 3-Month , 6-Month, 12-Month & 24-Month
Pine Script® indicator
by WyckoffMode
71
Trend Risk Indicator (TRI)The Trend Risk Indicator is a simple bands indicator made of 2 custom averages of candlesticks ranges calculated within the variable “ BandBars ” period. Upper and lower channel bands width can be adjusted with the “ Deviation ” variable, which act as a simple factor to enlarge the spread between them. When Close crosses over the upper band, it is a bearish signal and candlesticks are painted in Red. When Close crosses under the lower band, it’s a bullish signal and candlesticks are painted in Green. One of the most interesting indicators for 1 minute scalping. Recommended to use on Renko bars. *drag to chart and pin to scale, also remove borders from candlesticks.
Pine Script® indicator
by UnknownUnicorn170838
4
CHK FOLLOW THE STAIRSCHK FOLLOW THE STAIRS.... The stairs are nothing but HIGH LOW CHANNEL at HTF or LTF I observed 10 Period Moving Average an optimum length for the Staircase you can change it to 8 or 13, one will generate noise, other will generate lag Tinker with the Staircase Time Frame to get an optimum fit The script also shows Strength of the Trend. If there is a gap between the price and the stairs, that is relection of the strength The script can also be used for scalping.
Pine Script® indicator
by Chakku
3
The Vostro Indicator by KIVANÇ fr3762The VOSTRO indicator is a trend indicator that automatically provides buying and selling signals. The indicator marks in a window the potential turning points. The indicator is recommended for scalping. The Vostro indicator determines the overbought zones (value greater than +80) and the oversold zones (less than the -80 level) BUY signal: The Vostro curve moves below the -80 level and forms a trough – Turnaround of the upward trend SELL signal: The Vostro curve moves above the +80 level and forms a peak – Downward trend further info: www.prorealcode.com Here's the link to a complete list of all my indicators: t.co Yazar: KıvanÇ @fr3762 twitter Şimdiye kadar paylaştığım indikatörlerin tam listesi için: t.co
Pine Script® indicator
by KivancOzbilgic
7
Relative Vigor IndexHere we are looking at a trend strength indicator based on the Relative Vigor Index(RVI). The RVI measures trend strength by comparing the open-close and high-low ranges for the current and three most recent periods. As a zero-centered oscillator, the RVI oscillates above and below zero to signal the strength of the trend. As there are different ways to interpret the RVI, we have included 3 different modes for traders to choose from in the input option menu: 1. Zero-Crossing: The RVI Histogram will turn green when it crosses above zero and red when it crosses below. Therefore, a green RVI means the trend is bullish and red means bearish. This mode is better for longer-term swing trading in comparison to the other 2 modes. 2. Increasing / Decreasing: The RVI histogram will turn green when it is increasing(rvi >= rvi ) and red when it is decreasing. A green RVI is viewed as a bullish signal and red means bearish. This mode is a good middle-ground between the Zero-Crossing and Signal Comparison modes. 3. Signal Comparison: Here, the RVI is compared to its signal line. If the RVI is greater than its signal line, the histogram is green, indicating a bullish trend, while red means bearish. This mode is preferred for scalping. Hope everyone finds this one useful! You can check out our other invite only studies/strategies at our website: profitprogrammers.com
Pine Script® indicator
by ProfitProgrammers
3
[M10] Quad MA Trend ScalperFour adjustable moving averages set in order to produce buy and sell signals, works best on smaller timeframes from my backtesting, 10M - 30M seems optimal for scalping. The idea behind this script is to only enter positions that are following the trend in order to minimise drawdown and decrease risk when using leverage. The script will only enter long positions when MA crossover occurs above the Long MA 2. The script will exit a long position when MA Short crosses below Long MA 1. The script will only enter short positions when MA cross under occurs below the Long MA 2. The script will exit a short position when MA Short crosses below Long MA 1.
Pine Script® strategy
by Matt10Clarke10
1
Key Levels [@treypeng]Draws horizontal lines for Daily, Hourly (1) and Weekly levels. Really handy to switch on quickly when scalping. Light blue: Previous hour OHLC Thick light blue: Previous hour Close / current hour Open Dark blue: Yesterday OHLC Thick dark blue: Yesterday Close / today Open Purple: Weekly Open It's a bit ugly, I'd prefer horizontal rays instead of lines stretching back across the chart but I couldn't figure out how to do this in PineScript. If I get it sorted, I'll publish an update.
Pine Script® indicator
by trespeng
2
Two Bar Break Line Alerts R1.0 by JustUncleLThis indicator with default settings is designed for BINARY OPTIONS trading. The indicator can also be used for Forex trading with some setting changes. The script shows Two Bar Pullback Break lines and alerts when those Break lines are Touched (broken) creating a short term momentum entry condition. For a Bullish Break (Green Up Arrow) to occur: first must have two (or three) consecutive bear (red) candles which is followed by a bull (green) candle creating a pivot point. The breakout occurs then the High of the current Bull (green) exceeds the highest point of the previous two (or three) pivotal bear candles. The green channel Line shows where the current Bullish BreakOut occurs. For a Bearish Break (Red Down Arrow) to occur: first must have two (or three) consecutive bull (green) candles which is followed by a bear (red) candle creating a pivot point. The breakout occurs when the Low of the current Bear (red) drops below the lowest point of the previous two (or three) pivotal Bull candles. The red channel Line shows where the current Bearish BreakOut occurs. The break Line Arrows can optionally be filtered by the Coloured MA (enabled by default), a longer term directional MA (disabled by default) and/or a MACD condition (enabled by default) as a momentum filter. You can optionally select three Bar break lines instead of two. The three bar break lines are actually equivalent to Guppy's Three Bar Count Back Line method for trade entries (see Guppy's video reference below). Included in this indicator is an ability to display some basic Binary Option statistics, when enabled (enabled by default) it shows Successful Bars in Yellow and failed Bars in Black and the last Nine numbers on the script title line represent the Binary option Statistics in order: %ITM rate Total orders Successful Orders Failed Orders Total candles tested Candles per Day Trades per Day Max Consecutive Wins Max Consecutive Losses You can start the Binary Option statistics from a specific Date, which is handy for checking more recent history. HINTS: BINARY OPTIONS trading: use 5min, 15m, 1hr or even Daily charts. Trade after the price touches one of the Breakout lines and the Arrow first appears. Wait for the price to come back from Break Line by 1 or 2 pips, the alert arrow must stay on and candle change to black, then take Binary trade expiry End of Candle. If price pull back and arrow turns off, don't trade this candle, move on you probably don't have momentum, there will be plenty of other trigger events. The backtesting results are good with ITM rates 65% to 72% on many currency pairs, commodities and indices. Realtime trading has confirmed the backtesting results and they could even be bettered, provided you are selective on which signals to trade (strong MACD support etc), that you are patient and disciplined to this trading method. FOREX trading: the default settings should work with scalping. For longer term trades try with settings change to a more standard MACD filter or slower to catch the longer term momentum swings and the idea would be to trade the first Break Line alert that occurs after a decent Pullback in the direction of the trend. Setting the SL to just above/below the Pivot High/Low and set target to two or three times SL. References: "Fundamentals of Price Action Trading for Forex, Stocks, Options and Futures" video: www.youtube.com Other videos by "basecamptrading" on Naked Trading. "Taking Profits in Today's Market by Daryl Guppy" video: www.youtube.com
Pine Script® indicator
by JustUncleL
23
Pivot Boss 4 EMA Summary: Creates one indicator with four exponential moving averages based off the central pivot point which assists you in trading pure price action using floor pivots. This also helps you to avoid getting chopped up during price confluence. How to use: When T-Line cross Green Short EMA it can be used for scalping. When Short EMA pulls back to Medium EMA you can buy more or sell more without having to exit your position prematurely before trend direction changes. This can also be used as position entry points to make sure you are getting the best possible price. When T-Line, Short EMA and Medium EMA cross over Long EMA you go long or short.
Pine Script® indicator
by DavidR.
15
EMA Market Regime & Real-Time Candle Projection System📌 EMA Market Regime & Real-Time Candle Projection System EMA Market Regime & Parabolic Projection is a real-time market structure system designed to anticipate candle behavior before it fully forms, by dynamically projecting price levels based on trend strength, acceleration, and market expansion. Unlike traditional indicators that react after the candle closes, this system continuously adapts to live price data to provide early insight into bullish, bearish, parabolic, and exhaustion phases. 🔍 Core Concept The system operates on four key dimensions: Market Structure Uses a fast and a slow EMA to determine the dominant market regime (bullish or bearish). Directional Momentum Measures EMA slope to confirm directional commitment. Acceleration & Parabolic Detection Identifies true parabolic movements through acceleration analysis, filtering out weak or range-bound price action. Expansion Validation Confirms that movements are supported by genuine market expansion, reducing false signals. By combining these elements, the indicator projects a dynamic price level in real time, effectively drawing a forward-looking guide that adapts as each candle evolves. 🧠 Real-Time Candle Projection The projected line represents a dynamic equilibrium level derived from EMA structure and acceleration. This allows traders to: Anticipate continuation vs exhaustion Visualize momentum shifts before candle close Read potential candle direction and strength in real time The projection is non-repainting and updates tick-by-tick during the candle’s formation. 🎯 Market Regime Classification The system automatically classifies the market into distinct states: Bullish Trend – Positive structure with controlled momentum Bearish Trend – Negative structure with controlled momentum Parabolic Expansion – Accelerated trend with strong continuation potential Parabolic Exhaustion – Loss of acceleration signaling potential reversal or pullback Neutral / Range – Low momentum and low expansion (no-trade zone) Each state is visually encoded using subtle, professional coloring, ensuring price candles always remain the primary focus. 🛡️ Professional-Grade Filters Anti-range and anti-fake breakout filtering Cooldown logic to prevent repetitive signals Slope normalization relative to volatility Designed to remain readable on M1–M5 scalping and higher timeframes ⚙️ Designed For Scalping & Intraday Trading Real-time decision-making Trend continuation & exhaustion timing Prop-firm and professional trading environments This system is intended as a market structure and timing tool, not a signal spam indicator. ⚠️ Disclaimer This indicator does not predict the future and does not provide guaranteed results. It is designed to assist discretionary traders by improving real-time market reading and execution timing.
Pine Script® indicator
by FollowtheWhiteRabbitz
Ichimoku + VWAP + OBV + ATR Full System (NQ Daytrade)This script provides optimized scalping signals for BTC, designed mainly for the 15-minute timeframe. Long/short entries are generated using VWAP band position and trend confirmation logic. OBV momentum is used as a secondary filter to validate breakout or reversal conditions. Exit signals are displayed when volatility compression or mean-reversion conditions occur. Simple visual markers (triangles and circles) are included for easy decision-making. 롱/숏 삼각형 시그널 동그라미 청산 시그널 VWAP 밴드 기반 방향성 OBV 보조지표 이름 (Name) BTC Scalping Signal – VWAP + OBV 짧은 설명 (Short Description) VWAP 밴드와 OBV를 기반으로 방향성, 진입·청산 시그널을 제공하는 스캘핑 지표입니다. 긴 설명 (Long Description) 이 지표는 BTC 단기 스캘핑을 위해 설계된 것으로, 특히 15분봉 환경에 최적화되어 있습니다. VWAP 밴드의 위치와 추세 판별 로직을 기반으로 롱·숏 진입 신호를 제공합니다. OBV 모멘텀을 보조 필터로 사용하여 돌파 및 되돌림 가능성을 판단합니다. 시장 변동성이 축소되거나 평균회귀 신호가 감지될 때 청산 시그널을 표시합니다. 삼각형(진입), 원형(청산) 등 직관적 시각 요소를 통해 빠른 의사결정을 지원합니다.
Pine Script® indicator
by ninnikuya2294
Exhaustion IndicatorThe ScalpSQZ indicator is designed to identify four critical market states using volatility structure, momentum behavior, and exhaustion conditions. It enhances scalping precision by visually marking transitions between consolidation, squeeze conditions, and momentum reversals through color-coded candles. 1. Squeeze Conditions (Orange Candles) Orange candles highlight volatility compression, detected when Bollinger Bands contract inside the Keltner Channels. This structure signals that market volatility is tightening and a significant expansion move is likely to follow. The squeeze represents a pre-breakout environment and serves as the earliest warning of a potential directional shift. 2. Consolidation Conditions (Yellow Candles) Yellow candles identify phases of low directional momentum. These conditions occur when RSI remains near neutral values, MACD histogram activity is minimal, and the Rate of Change stays muted. This combination indicates that the market is balanced and non-trending, often preceding a volatility spike or a new trend. Consolidation helps traders avoid low-probability entries during indecisive price action. 3. Momentum Exhaustion — Overbought Fade (White Candles) White candles signal potential top-side exhaustion. This occurs when RSI enters overbought territory while the MACD histogram begins to weaken compared to the previous bar. This condition does not necessarily call a reversal but warns that bullish momentum is deteriorating and upside continuation may be limited. It is particularly useful for identifying trend fatigue and tightening stop-loss placement. 4. Momentum Exhaustion — Oversold Fade (Purple Candles) Purple candles identify bottom-side exhaustion and appear when RSI reaches oversold levels, MACD momentum begins improving, and the current close shows buyer defense relative to the previous low. This condition suggests selling pressure is diminishing and a potential reversal or relief bounce may be forming. Purple candles serve as an early indication of bearish trend exhaustion. Color Priority System The indicator follows a fixed hierarchy to ensure clarity: Squeeze (orange) has the highest priority, followed by consolidation (yellow). Exhaustion signals (white for tops, purple for bottoms) apply only when no squeeze or consolidation conditions are active. This structure ensures that the most critical market states are always highlighted first. Purpose and Application ScalpSQZ helps traders identify optimal environments for breakouts, anticipate trend exhaustion, and avoid low-quality trades during choppy or low-momentum conditions. It is suitable for scalping, day trading, and swing trading across any asset class or timeframe.
Pine Script® indicator
by OxPsalms
Sai Scalper ProSai Scalper Pro – Feature Summary Trend Engine - ATR-based trailing stop with Fibonacci levels (61.8%, 78.6%, 88.6%) - Auto trend detection with swing point tracking Scalping Detection (0-10 Score) - Analyzes 7 factors: ATR compression, ADX, Volume, Range, Consolidation, RSI, BB Squeeze - Smart state machine with hysteresis to prevent false signals - Adjustable sensitivity & stability settings Cloud Modes (7 Options) - Full Zone, Entry Zone, Premium/Discount, Fib Bands, Upper/Middle/Lower Band Pro Dashboard - Real-time scalp score with visual meter - Entry quality rating & zone display - Suggested TP/SL based on ATR - Session detection (Sydney/Tokyo/London/NY) with overlap alerts - 3 styles (Minimal/Pro/Full) × 4 sizes × 9 positions Alerts - Scalp ready, Prime conditions (8+), Optimal entry zone - Direction-specific (Long/Short bias) Combines trend-following Fibonacci analysis with intelligent ranging detection for optimal scalping opportunities.
Pine Script® indicator
by Sai2k
XAU Micro ScalperThis indicator is designed for short-term price rotation detection on XAUUSD, especially on the 1-minute timeframe. It combines three momentum components—Stochastic, RSI, and OBV slope—to highlight potential reversal points and short-term scalping opportunities. Core Logic The script generates a signal only when multiple conditions align: 1. Stochastic Reversal (Timing Component) A basic long/short trigger occurs when the Stochastic oscillator exits oversold (long) or overbought (short). This represents a potential shift in short-term momentum. 2. RSI “Smart Rotation” Filter (Context Component) Instead of using fixed oversold/overbought thresholds, the indicator checks whether RSI is turning: Long: RSI is below a contextual ceiling (default 50) and rising Short: RSI is above a contextual floor (default 55) and falling This avoids premature entries during strong trending phases and confirms that momentum is actually rotating. 3. OBV Slope Filter (Volume Confirmation) The On-Balance Volume trend is compared to its previous value: Long: OBV slope improving Short: OBV slope deteriorating This helps confirm whether volume pressure is shifting in favor of the trade direction. Both RSI and OBV filters can be enabled or disabled independently via the indicator settings. Signals Small circles mark raw Stochastic reversal points (unfiltered). Green / red triangles represent validated long/short signals where all active filters agree. Optional candle coloring highlights confirmed entry signals on the chart. Use Cases Intraday and scalping strategies on XAUUSD Identifying short-term momentum reversals Filtering noisy signals during high-volatility sessions Studying how volume and momentum align around turning points Customization Users can adjust: RSI contextual thresholds Lookback periods OBV slope sensitivity Stochastic parameters Activation of RSI and OBV filters This flexibility allows the indicator to adapt to different market conditions and timeframes. Disclaimer This indicator does not provide financial advice or guarantee performance. Always test any strategy on historical data and use proper risk management.
Pine Script® indicator
by corrado_divittorio
Momentum Candle by DNDFXMomentum Candle v2 is a simple yet powerful indicator designed to detect strong momentum candles based on candle body size and the ratio between the body and total wick. This indicator is ideal for traders who focus on: Momentum trading Breakout strategies XAUUSD (Gold) scalping Supply & Demand / Smart Money Concepts (SMC) confirmation 🔧 How the Indicator Works The indicator analyzes each candle and classifies it as a Bullish Momentum or Bearish Momentum candle when these conditions are met: ✅ The candle body exceeds the minimum size ✅ The total wick is smaller compared to the body ✅ The Body-to-Wick ratio meets the strength filter Visual signals include: Green background for bullish momentum Red background for bearish momentum Up/Down triangle markers as entry guidance ⚙️ Customizable Parameters Min Body Size (Points) – Sets the minimum candle body size Min Body : Wick Ratio – Controls how dominant the body is compared to the wicks All parameters can be optimized according to your trading style and timeframe. ✅ Best Use Cases This indicator is useful for: Breakout confirmation Momentum validation Filtering false breakouts Scalping and intraday trading on XAUUSD 🧠 Trading Tips For better accuracy, combine this indicator with: Support & Resistance Supply & Demand zones Break of Structure (BOS) / CHoCH Best performance on M5 – H1 timeframes. ⚠️ DISCLAIMER This indicator is a supporting tool, not a guaranteed profit system. Always apply proper risk management. You are fully responsible for your trading decisions.
Pine Script® indicator
by slametux
Setup Keltner BandS MMS + RSI SIGNALS 📊 Keltner Bands with RSI Confirmation – TradingView Script Introduction This script combines Keltner Channel logic with Relative Strength Index (RSI) confirmation to provide traders with visual signals and alerts for potential reversals. It is designed for scalping and short-term trading strategies, where precision and quick decision-making are essential. 🔧 How It Works • Keltner Bands (ATR-based): • Two sets of bands are plotted around a moving average: • Band 3 (ATR × 3) – more sensitive, suitable for aggressive entries. • Band 5 (ATR × 5) – wider, used as a filter or confirmation zone. • Signals are generated when the price crosses back inside the bands from outside. • RSI Confirmation: • RSI is calculated with a customizable period (default: 14). • Overbought and oversold levels (default: 70/30) are used to filter signals. • A bearish reversal is confirmed only if RSI is above the overbought level. • A bullish reversal is confirmed only if RSI is below the oversold level. 📌 Functions and Features • Visual Signals: • Triangles plotted above/below candles for Keltner-only signals. • Additional colored triangles for Keltner + RSI confirmed signals. • Alerts: • Configurable alerts for both Keltner-only and RSI-confirmed conditions. • Messages include the type of reversal and the band level. • Customizable Parameters: • Moving average length. • ATR multipliers (3 and 5). • RSI length and thresholds. • Colors for band fills and signals. 🎯 Usage 1. Apply the script to your chart in TradingView. 2. Adjust parameters to fit your trading style (scalping, intraday, swing). 3. Watch for signals: • Red/green/orange/teal triangles → Keltner-only reversals. • Maroon/lime/purple/blue triangles → RSI-confirmed reversals. 4. Set alerts to receive notifications when conditions are met. 5. Use RSI confirmation to filter out false signals and increase accuracy. ✅ Benefits • Clear visualization of reversal zones. • Dual-layer confirmation (Keltner + RSI). • Flexible for different timeframes and trading styles. • Ready-to-use alerts for automation or manual trading.
Pine Script® indicator
by rodrigodearantes