Volume & Trend Confluence OscillatorVolume & Trend Confluence Oscillator (VTCO)
Overview:
The Volume & Trend Confluence Oscillator (VTCO) is a technical analysis tool designed to help traders assess market conditions by integrating volume analysis, momentum, and trend direction into a single oscillator. This indicator provides traders with additional confirmation when evaluating potential trade entries and exits.
Key Features:
Volume Analysis: Calculates a Z-score to detect unusual trading activity.
Momentum Measurement: Evaluates the rate of price change to gauge market velocity.
Trend Confirmation: Utilizes an Exponential Moving Average (EMA) to assess overall market direction.
Signal Filtering: Incorporates minimum movement thresholds and a confirmation period to reduce false signals.
Visual Enhancements: Background shading indicates trend direction, and buy/sell markers highlight key signals.
How It Works:
The VTCO applies a volume multiplier to momentum readings when volume activity significantly deviates from its historical norm. Additionally, it prioritizes momentum moves that align with the prevailing market trend. A smoothing mechanism refines the oscillator’s signal line, ensuring a more stable and actionable output. The indicator generates alerts when key conditions are met, assisting traders in identifying potential trend shifts.
Signal Generation:
Buy Signal: Triggered when the oscillator crosses above zero after an oversold condition, ideally within an uptrend.
Sell Signal: Triggered when the oscillator crosses below zero after an overbought condition, ideally within a downtrend.
Alerts: Configurable alerts notify traders when key market conditions are met.
Usage Considerations:
Works effectively across various timeframes but may provide more reliable signals on higher timeframes.
Best utilized in conjunction with additional technical indicators and risk management strategies.
No indicator guarantees future performance; proper analysis and trade management remain essential.
Disclaimer:
This indicator is provided for educational purposes only and should not be considered financial advice. Trading involves risk, and past performance is not indicative of future results. Always conduct independent analysis before making trading decisions.
Trend Analysis
Hyper MA Loop | QuantEdgeBIntroducing Hyper MA Loop by QuantEdgeB
Hyper MA Loop | QuantEdgeB is an advanced trend-following indicator that leverages a custom Hyper Moving Average (HyMA) and an innovative loop-based scoring system to assess trend strength and direction. This tool is designed to provide a dynamic perspective on market momentum, allowing traders to capture trends effectively while filtering out market noise.
Key Features:
1. Hyper Moving Average (HyMA) 🟣
- A weighted moving average that enhances trend responsiveness by applying a custom
weight function.
- Ensures smoother trend detection while maintaining reactivity to price changes.
2. Loop-Based Trend Scoring 🔄
- Utilizes a for-loop function to analyze the movement of HyMA over a specified period.
- Compares current values to past values, generating a cumulative score indicating bullish or
bearish momentum.
- Dynamic thresholds adjust to market conditions for better trend filtering.
3. Threshold-Based Signal System ✅❌
- Long Signals: Triggered when the loop score exceeds the long threshold.
- Short Signals: Activated when the score falls below the short threshold.
- Avoids false signals by requiring sustained strength before confirming a trend.
4. Customizable Visualization & Colors 🎨
- Multiple color modes (Default, Solar, Warm, Cool, Classic) for tailored aesthetics.
- Extra plot options enhance visualization of market structure and volatility.
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How It Works:
- HyMA Calculation : A unique moving average with a specialized weighting function to
smooth out price action.
- Loop Function : Iterates over past HyMA values, assessing whether price is consistently
higher or lower.
- Threshold Comparison : The loop score is compared against pre-set thresholds to
determine bullish or bearish conditions.
- Signal Generation :
1. Bullish (🔵): If the score crosses the long threshold
2. Bearish (🔴): If the score drops below the short threshold.
- Plotting & Styling : Dynamic candles and gradient overlays provide an intuitive
visualization of rend shifts.
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Use Cases:
✅ Ideal for trend-following traders looking for solid trends confirmation.
✅ Helps filter out choppy market conditions by adjusting sensitivity dynamically.
✅ Works well with other indicators (e.g., ADX, volume-based filters) for added confirmation.
✅ Suitable for both short-term and long-term trend analysis.
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Customization Options:
- Adjustable HyMA Length: Modify the responsiveness of the moving average. Default se to 2.
- For-Loop Parameters: Fine-tune how far back the trend analysis should consider. Default se to Start = 1 , End = -1.
- Thresholds for Long & Short: Control signal sensitivity to market fluctuations. Default set to Long = 40, Short = 8.
- Color Modes & Extra Plots: Personalize visualization for better clarity.
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Conclusion:
The Hyper MA Loop | QuantEdgeB is a powerful, adaptive indicator that combines custom moving averages with loop-based trend analysis to deliver accurate, visually intuitive market signals. Whether you're looking to ride strong trends or filter out weak setups, this tool provides the precision and flexibility needed for effective decision-making. 🚀📈
🔹 Disclaimer: Past performance is not indicative of future results. No trading indicator can guarantee success in financial markets.
🔹 Strategic Consideration: As always, backtesting and strategic adjustments are essential to fully optimize this indicator for real-world trading. Traders should consider risk management practices and adapt settings to their specific market conditions and trading style.
Wagmi Lab- Bitcoin H4 Buy Sell Signals This indicator, designed primarily for Bitcoin on the H4 timeframe, is a versatile tool that can also be applied to other assets and timeframes by adjusting its parameters. It combines Exponential Moving Averages (EMAs), MACD (Moving Average Convergence Divergence), and a crossover filtering mechanism to generate reliable buy and sell signals. The indicator is ideal for traders looking to identify trend direction and potential entry/exit points with added precision.
Key Features:
Customizable EMAs and MACD:
Fast EMA (default: 12): Tracks short-term price momentum.
Slow EMA (default: 26): Tracks long-term price momentum.
Signal SMA (default: 9): Smooths the MACD line to generate the signal line.
MACD Crossover Signals:
The indicator calculates the MACD line and signal line to identify potential buy and sell opportunities.
Buy signals are generated when the MACD line crosses above the signal line, indicating bullish momentum.
Sell signals are generated when the MACD line crosses below the signal line, indicating bearish momentum.
Crossover Strength Filter:
A minimum crossover distance percentage (default: 0.1%) ensures that only significant crossovers are considered, reducing false signals.
This filter helps traders avoid weak or insignificant crossovers that may not lead to strong price movements.
Trend Visualization:
The indicator highlights the trend direction by filling the area between the fast and slow EMAs with colors:
Green: Uptrend (MACD > Signal Line).
Red: Downtrend (MACD < Signal Line).
Buy/Sell Signal Markers:
Buy signals are marked with green circles below the price bars.
Sell signals are marked with red circles above the price bars.
These markers provide clear visual cues for potential entry and exit points.
Adaptable to Other Timeframes and Assets:
While optimized for the H4 timeframe, the indicator can be adjusted for other timeframes (e.g., M15, H1, D1) by modifying the EMA and SMA settings.
It can also be applied to other assets, such as stocks, forex, or commodities, by tweaking the parameters to suit the asset's volatility and characteristics.
How to Use:
Identify Trends:
Use the colored areas (green for uptrend, red for downtrend) to determine the overall market direction.
Wait for Confirmation:
Look for buy or sell signals (green or red circles) that align with the trend direction.
Ensure the crossover meets the minimum distance requirement to filter out weak signals.
Enter and Exit Trades:
Enter a long position when a buy signal appears during an uptrend.
Enter a short position or exit a long position when a sell signal appears during a downtrend.
Adjust Settings for Other Timeframes/Assets:
Experiment with the EMA and SMA periods to optimize the indicator for different timeframes or assets.
Why Use This Indicator?
Precision: The crossover strength filter reduces noise and false signals.
Versatility: Works across multiple timeframes and assets with customizable settings.
Visual Clarity: Clear trend visualization and signal markers make it easy to interpret.
This indicator is a powerful tool for traders seeking to capitalize on Bitcoin's volatility or other assets' price movements, providing a structured approach to identifying trends and potential trading opportunities.
Weekly Pivot Strategy (LONG ONLY STRATEGY)Strategy Overview: Weekly Pivot Trading System
Core Concept:
A mean-reversion strategy that trades between weekly pivot levels. It uses calculated support (S1-S4) and resistance (R1-R4) levels derived from the previous week's price action to identify entry and exit points.
Just know, every market is different. You may need to play with the settings to suit you're market
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1. Key Features
Weekly Pivot Calculation
Pivot Point = (Previous Week’s High + Low + Close) / 3
Support/Resistance Levels: User-adjustable distances from the pivot (Measured in points).
2. Entry Rules
Buys when price touches S1-S4 (lower = more aggressive).
Each support level triggers a separate entry ("Entry1" at S1, "Entry2" at S2, etc.).
3. Exit Rules
Profit targets set at corresponding R1-R4 levels (R1 for S1 entry, etc.).
No stop-loss (positions remain open until targets are hit).
4. Position Management
Up to 4 concurrent trades per week.
Trades reset weekly with new pivot levels.
No time-based exits.
5.Customization
Adjustable distances for S/R levels.
Position sizing as percentage of equity.
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Anticipated FAQs & Answers
Q1: How does this strategy work?
A: It exploits price reversals at weekly support/resistance zones. When price dips to a support level (S1-S4), the strategy buys, expecting a bounce to the corresponding resistance (R1-R4).
Q2: Why use weekly pivots instead of daily?
A: Weekly levels act as stronger psychological zones, reducing noise from short-term fluctuations. This aligns with swing trading/institutional order flow.
Q3: Where are the stop-losses?
A: The original strategy has no stop-loss to allow positions to ride to targets. However, users can add their own stop rules (e.g., below S4 or ATR-based stops).
Q4: How do I adjust risk?
A: Two key controls:
1. default_qty_value: Reduce from 25% to lower position size.
2. S/R distances: Widen offsets for larger buffers.
Q5: Why do trades sometimes not close?
A: Positions remain open indefinitely until price reaches the profit target. This works best in ranging markets but may tie up capital in trends.
Q6: How is this different from standard pivot strategies?
A: Three unique aspects:
1.Weekly reset: Fresh levels every Monday.
2. Multiple entries: Up to 4 trades/week.
3. No repainting: Levels fixed at week start.
Q7: What markets/timeframes does this work on?
A: Best results in:
Markets: Forex, indices, crypto (high liquidity).
Timeframes: 1H or higher (avoids intraweek noise).
Q8: Can I combine this with other indicators?
A: Popular additions:
Trend filter: Only trade S1-S4 in uptrends (e.g., 50 SMA).
Volume confirmation: Require rising volume at support.
RSI divergence: Avoid entries during overextension.
Q9: Why does it enter on touch (not close)?
A: By design, it mimics "limit order" behavior. To require a close below/above, modify the entry condition:
// Replace:
if low <= level
// With:
if close < level // More conservative
Q10: How to avoid whipsaws during volatility?
A: Two solutions:
1.Add a buffer (e.g., require price to close 1% below S1).
2.Use multiple timeframes: Confirm with daily pivot alignment.
Pro Tips for Users
1. Backtest Across Market Phases: Test in both trending and ranging conditions.
2. Adjust Offsets Volatility: Widen S/R distances for high-volatility assets.
Pair with Correlation: Avoid overlapping trades in correlated markets.
This framework balances simplicity with customization potential.
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Thank you for taking the time to review this strategy. This is my first finished product. I hope people enjoy testing it.
P.S. Please feel free to change or add whatever you like. If you feel up to the task. Im 100% confident that there are better coders than me that can improve this. :D
LSB V01- mamamiTRY IT
暫時沒有其他更好的解法，先試看看
⚠️⚠️⚠️目前指標止損以15分線為主，所以15分以上的SL不準喔，
我設定為在15分線往前192根K線(約2日內的15分K)的最高點或最低點。
核心技術指標：此策略基於 WaveTrend（類似 RSI + MACD） 來產生多空訊號。
過濾機制：使用 ATR 來過濾 假突破（Fake Breakout），減少錯誤交易。
趨勢跟隨策略（Trend Following）
多單（LONG）：當 WaveTrend 低於下限區域（超賣區）並突破時，進場做多。
空單（SHORT）：當 WaveTrend 高於上限區域（超買區）並跌破時，進場做空。
止損（SL）：設置 前 192 根 K 線的高低點 作為止損，確保不過早出場。
假突破過濾（Fake Breakout Filtering）
ATR（波動性過濾）：透過 ATR 來判斷是否屬於「假突破」，避免在市場震盪時頻繁進場出場。
當價格突破 ATR 假突破閾值（Fake Breakout Threshold），策略會自動平倉避免被洗出。
均值回歸策略（Mean Reversion）（輔助）
使用 WaveTrend 指標：當價格嚴重超買或超賣，且符合 ATR 過濾條件時，策略會尋找「均值回歸」的機會進場交易。
✅ 適用市場
加密貨幣（Crypto）
外匯（Forex）
期貨（Futures）
股票（Stocks）
✅ 適用時間週期
15 分鐘（M15）以上的時間框架
更適用於 1H、4H 這種中短週期交易
✅ 適合的市場條件
震盪行情（Mean Reverting Market）：當市場價格波動較大，但仍在區間內震盪時。
趨勢行情（Trending Market）：如果市場有明顯的方向性趨勢，也可以透過 WaveTrend 進場。
📌 優缺點
✅ 優點
防止假突破，減少被洗盤出場
自動管理止損（SL），減少風險
適用於多種市場與週期
ATR 過濾交易訊號，降低交易頻率
簡單且有效，沒有太多參數需要優化
⚠️ 缺點
可能在極端趨勢市場下表現不佳（假突破過濾可能導致錯過大趨勢）
依賴 WaveTrend 指標，可能對某些市場不適用
無明確的動態止盈機制（可以額外增加 Trailing Stop 或 Partial TP）
WAGMI LAB Trend Reversal Indicator HMA-Kahlman (m15)WAGMI HMA-Kahlman Trend Reversal Indicator
This indicator combines the Hull Moving Average (HMA) with the Kahlman filter to provide a dynamic trend reversal signal, perfect for volatile assets like Bitcoin. The strategy works particularly well on lower timeframes, making it ideal for intraday trading and fast-moving markets.
Key Features:
Trend Detection: It uses a blend of HMA and Kahlman filters to detect trend reversals, providing more accurate and timely signals.
Volatility Adaptability: Designed with volatile assets like Bitcoin in mind, this indicator adapts to rapid price movements, offering smoother trend detection during high volatility.
Easy Visualization: Buy (B) and Sell (S) signals are clearly marked with labels, helping traders spot trend shifts quickly and accurately.
Trendlines Module: The indicator plots trendlines based on pivot points, highlighting important support and resistance levels. This helps traders understand the market structure and identify potential breakout or breakdown zones.
Customizable: Adjust the HMA and Kahlman parameters to fit different assets or trading styles, making it flexible for various market conditions.
Usage Tips:
Best Timeframes: The indicator performs exceptionally well on lower timeframes (such as 15-minute to 1-hour charts), making it ideal for scalping and short-term trading strategies.
Ideal for Volatile Assets: This strategy is perfect for highly volatile assets like Bitcoin, but can also be applied to other cryptocurrencies and traditional markets with high price fluctuations.
Signal Confirmation: Use the trend signals (green for uptrend, red for downtrend) along with the buy/sell labels to help you confirm potential entries and exits. It's also recommended to combine the signals with other technical tools like volume analysis or RSI for enhanced confirmation.
Trendline Analysis: The plotted trendlines provide additional visual context to identify key market zones, supporting your trading decisions with a clear view of ongoing trends and possible reversal areas.
Risk Management: As with any strategy, always consider proper risk management techniques, such as stop-loss and take-profit levels, to protect against unforeseen market moves.
RangeLevelsA Range Calculator Indicator is a tool typically used in trading to determine the price range of an asset over a specified period. It calculates the difference between the highest and lowest prices within a set timeframe (e.g., daily, weekly, monthly). This indicator can help traders assess market volatility, identify potential support and resistance levels, and make more informed decisions about entry and exit points. By visualizing the range, traders can better understand price fluctuations and manage risk more effectively. The Range Calculator can be customized to different timeframes and asset types to suit specific trading strategies.
Z RSI Trendlines BreakoutThe RSI Trendline Breakout Indicator is a technical analysis tool designed to identify potential trend reversals and breakout opportunities using Relative Strength Index (RSI) trendlines. This indicator automatically plots trendlines on RSI based on pivot highs and lows and provides breakout signals when RSI crosses these trendlines.
Support, Resistance and Median with Trend"This Pine Script indicator, 'Support, Resistance and Median with Trend', offers traders a comprehensive view of market dynamics using key technical analysis principles.
Key Features:
Dynamic Support and Resistance: The script calculates and plots support and resistance levels based on the highest highs and lowest lows over a customizable historical period.
Median Line: A median line is plotted between support and resistance, serving as a key reference for price action.
Trend Detection: The indicator determines the current trend by comparing the closing price to the median line, offering a simple yet effective trend identification method.
Visual Trend Indicator: A color-coded box in the top-right corner displays the current trend (Uptrend, Downtrend, or Neutral), providing at-a-glance trend information.
Level Projections: The script projects support, resistance, and median levels into future periods, helping traders anticipate potential price movements.
Customization: Users can adjust the historical length for calculations, allowing for fine-tuning based on individual trading styles and timeframes.
Contra SuperTrend ATR200 Multiplier8@ DrGSthis is contrasting view of supertrend with 233 atr and 8x multiplier for long trades only.
My scriptRSI based strategy based entry exit.
RSI 12 and 26 length to find cross over for entry and
RSI 10 and 18 length to find crossunder for exit.
ELHAI Futures Trend Checker (ES, NQ, YM)The ELHAI Futures Trend Checker is a powerful TradingView indicator designed for futures traders who want to monitor the trend synchronization of the three major U.S. futures indices:
✅ E-mini S&P 500 (ES1!)
✅ E-mini Nasdaq 100 (NQ1!)
✅ E-mini Dow Jones (YM1!)
This indicator checks whether all three futures indices are bullish or bearish during each candle formation. If one of them is out of sync (e.g., two indices are bullish while one is bearish), the indicator triggers an alert and highlights the background in red, helping traders identify potential market indecision or divergence.
Key Features
📌 Designed for Futures Traders – Focuses on ES, NQ, and YM futures contracts.
📌 Live Market Monitoring – Works in real-time and updates dynamically with each tick.
📌 Bullish/Bearish Trend Confirmation – Detects when all three indices are in sync.
📌 Mismatch Detection – Alerts you when at least one index is out of trend.
📌 Custom Alerts – Set up TradingView alerts to be notified instantly when a trend mismatch occurs.
📌 Visual Background Highlight – A red background warns of a market divergence.
How It Works
The script retrieves open and close prices for ES, NQ, and YM.
Determines whether each futures index is bullish (close > open) or bearish (close < open).
If all three indices are bullish or all are bearish, it remains neutral.
If one index is different, an alert is triggered and the background turns red.
How to Use
Apply the indicator to your TradingView chart.
Choose any timeframe – Works well on intraday, daily, or higher timeframes.
Enable alerts: Go to Alerts → Create Alert, select "Futures Trend Mismatch", and set your preferred alert frequency.
Use alongside other indicators like moving averages, RSI, or MACD for better trade confirmation.
Best Use Cases
✔ Day traders & scalpers – Quickly spot market divergence in live trading.
✔ Swing traders – Identify when futures markets lose synchronization.
✔ Trend followers – Confirm if all major futures markets are aligned before making a move.
Final Notes
This indicator was built for Elhai to provide real-time trend analysis across major U.S. futures indices. Use it as a confirmation tool to improve market timing and decision-making.
BBMA ZoneZeroLoss (ZZL) Oma AllyOma Ally is a Malaysian trader who developed the BBMA strategy, a method that combines Bollinger Bands and moving averages to identify potential market movements.
This strategy has gained popularity in Malaysia, Indonesia and Brunei and is used by many traders in the forex community.
The BBMA strategy includes several setups, including the "Reentry" setup, which aims to re-enter the market after a price correction in the direction of the main trend.
This setup is used by traders to determine precise entry and exit points.
The "Zero Loss Zone" is a concept within the BBMA strategy that aims to identify trading areas, e.g. for "re-entry" setups, where risk is minimised.
By applying specific criteria, such as the presence of strong trend candles and the positioning of certain moving averages, traders try to take positions with minimal risk of loss.
Kalman Filter Trend BreakersKalman filter is a recursive algorithm that has been invented in the 1960s to track a moving target, remove any noisy measurements of its position and predict its future position.
In trading, KF might be a good replacement for a moving average, as it reacts to price changes in a different way. Not only it follows price direction, but can also track the velocity of price changes. This specific behaviour of KF is used in this indicator to track changes in trends.
Trend is characterized by price moving directionally, however, any trend comes to pause or complete stop and reversal, as the price changes more slowly (a trend fades into a sideways movement for a while) or the price movement changes direction, thus making a reversal.
This indicator detects the points where such changes occur (trend breaker points), and produces signals, which serve as points of current trend pausing or reversing. By applying different settings for KF calculation, you can produce less or more signals that indicate change in trend character, and either detect only significant trends changes, or less and shorter trends changes as well.
The signals do not differentiate the exact type of a trend change (it can be a brief trend pause followed by a continuation, as well as a complete reversal). However, once you are in a trend, the significant velocity change indicates a change in trend structure. In this sense, trend breaker signals should not be followed blindly, and can be used only as trend (and position) exit confirmations, but not the entry contrarian confirmations.
For better visual representation, you can use chart signals attached to bars, and additionally a vertical gradient which shows significant trend velocity change.
Alienseeker GC and RSI StrategyDescription:
The Alienseeker GC and RSI Strategy is a technical trading strategy that combines the Gaussian Channel (GC) and Stochastic RSI indicators to identify potential entry and exit points in the market. The strategy is designed to work on any timeframe and is suitable for traders looking for a systematic approach to trading.
Key Features:
Gaussian Channel (GC):
The Gaussian Channel is calculated using an Exponential Moving Average (EMA) as the basis and a standard deviation multiplier to create upper and lower channels.
The upper channel acts as a dynamic resistance level, while the lower channel acts as a dynamic support level.
Stochastic RSI:
The Stochastic RSI is used to identify overbought and oversold conditions.
It smooths the RSI values and generates %K and %D lines, which help confirm potential reversals.
Trading Logic:
A long position is entered when the price crosses below the lower Gaussian Channel and the Stochastic RSI %K line crosses above the %D line (indicating a potential reversal).
The position is closed when the price crosses above the upper Gaussian Channel.
Date Range Filter:
The strategy includes a customizable date range filter, allowing users to backtest or trade the strategy within a specific time period.
Input Parameters:
Gaussian Channel Length: Length of the EMA used for the Gaussian Channel.
Standard Deviation Multiplier: Multiplier applied to the standard deviation for the Gaussian Channel.
RSI Length: Length of the RSI calculation.
Stochastic Length: Length of the Stochastic RSI calculation.
Smooth K and D: Smoothing periods for the %K and %D lines of the Stochastic RSI.
Start Date and End Date: Customizable date range for the strategy.
Disclaimer:
This strategy is for educational and informational purposes only. Past performance is not indicative of future results. Always conduct your own research and backtesting before using any strategy in live trading.
Source StrategyThis strategy converts indicator signals into buy/sell executions. It looks for non-zero values from your chosen source. The strategy will execute a trade when the source produces any value other than zero.
The strategy supports both longs and shorts. For long trades, it looks at your selected long source; for short trades, it looks at your chosen short source. The strategy executes a trade when either source produces any value except zero.
Stop loss and take profit orders are incorporated for risk management. These orders are calculated as a percentage of your position's value, providing dynamic risk management as price moves. The percentage levels for stop loss and take profit orders are configurable in the settings, allowing you to adjust your risk parameters based on market conditions and trading style.
To use the strategy, add it to your chart. The input parameters can be configured in the strategy's settings panel, including your signal sources for long and short trades and the percentage levels for stop loss and take profit orders. This flexibility allows you to adapt the strategy to different markets and timeframes while maintaining your preferred risk management approach.
RSI (Pr)The "RSI (Pr)" indicator enhances the traditional Relative Strength Index (RSI) by incorporating dynamic bands and highlighting extreme market conditions directly on the price chart. This approach offers traders a more intuitive visualization of potential overbought and oversold zones, facilitating timely decision-making.
Key Features:
Dynamic RSI Bands: The indicator calculates upper and lower bands based on user-defined overbought and oversold levels. These bands adjust in real-time, providing a responsive measure of market extremes.
Visual Alerts: Background colors change when the price moves outside the RSI bands, offering immediate visual cues of potential market reversals.
Buy/Sell Signals: The script places "BUY" and "SELL" labels on the chart when the price crosses above or below the RSI bands, assisting traders in identifying potential entry and exit points.
How It Works:
RSI Calculation: The script computes the RSI based on the closing price and a user-defined length (default is 14 periods).
Exponential Moving Averages (EMA): It calculates the EMA of the maximum gains and losses to smooth out the data, enhancing the reliability of the RSI bands.
Upper and Lower Bands: Using the smoothed data, the script determines the upper (resistance) and lower (support) bands, which represent dynamic overbought and oversold levels.
Visual Indicators: The script plots the upper and lower bands, as well as a midline, directly on the price chart. Background colors change when the price exceeds these bands, and "BUY" or "SELL" labels appear at crossover points.
Usage:
Overbought Conditions: When the price crosses above the upper band, it may indicate an overbought condition, suggesting a potential selling opportunity.
Oversold Conditions: When the price crosses below the lower band, it may indicate an oversold condition, suggesting a potential buying opportunity.
Customization:
Users can adjust the following parameters to suit their trading preferences:
RSI Overbought Level: Default is 70.
RSI Oversold Level: Default is 30.
RSI Length: Default is 14 periods.
Disclaimer:
This indicator is designed for educational purposes and should not be construed as financial advice. Trading involves significant risk, and it's essential to conduct thorough research and consider your financial situation before making trading decisions. Past performance is not indicative of future results.
By integrating dynamic RSI bands and clear visual signals directly onto the price chart, this indicator aims to provide traders with actionable insights into market conditions, enhancing the traditional RSI analysis.
Smart Buy/Sell Indicator with Trend & ATR FilterDescription:
This indicator uses a moving average crossover strategy combined with ATR-based stop loss and take profit levels.
✅ Features:
Improvements:
Trend Filter (200-period EMA)
-Only long trades when price is above the 200 EMA
-Only short trades when price is below the 200 EMA
ATR-Based Volatility Filter
-Trades are only taken when the ATR is above a threshold, indicating strong market conditions.
Stop Loss & Take Profit
-Stop loss and take profit dynamically adjust based on ATR x Multiplier, instead of fixed percentages.
-Works best on trending markets (recommended for Forex, Crypto, and Stocks).
🛠 How to Use:
Enter a long trade when a green Buy signal appears.
Enter a short trade when a red Sell signal appears.
Adjust Stop Loss % and Take Profit % based on your risk tolerance.
ELHAI INDICES CHECKERDescription
The Major Indices Trend Checker is a powerful TradingView indicator designed to monitor the trend synchronization of the three major U.S. stock indices:
✅ S&P 500 (SPX)
✅ Nasdaq 100 (NDX)
✅ Dow Jones Industrial Average (DJI)
This indicator checks whether all three indices are bullish or bearish during each candle formation. If one of them is out of sync (e.g., two indices are bullish while one is bearish), the indicator triggers an alert and highlights the background in red, helping traders identify potential market indecision or divergence.
Key Features
📌 Live Market Monitoring – Works in real-time, updating dynamically with every tick.
📌 Bullish/Bearish Trend Check – Confirms if all three indices are aligned in the same trend.
📌 Mismatched Trend Detection – Alerts you when at least one index is not following the others.
📌 Custom Alerts – Set up TradingView alerts to notify you when a trend mismatch occurs.
📌 Visual Background Highlight – Red background indicates an out-of-sync market.
How It Works
The script retrieves open and close prices for SPX, NDX, and DJI.
Determines whether each index is bullish (close > open) or bearish (close < open).
If all three indices are bullish or all are bearish, it remains neutral.
If one index is out of sync, an alert is triggered and the background turns red.
How to Use
Apply the indicator to your TradingView chart.
Select any timeframe – it works on all intraday, daily, and higher timeframes.
Enable alerts: Go to Alerts → Create Alert, select "Trend Mismatch", and choose how often you want to be notified.
Use it with other indicators for confirmation, such as moving averages, RSI, or MACD.
Best Use Cases
✔ Day traders & scalpers – Spot market uncertainty early in the session.
✔ Swing traders – Identify moments when markets lack alignment before making a move.
✔ Trend followers – Avoid entering trades when major indices disagree on direction.
Final Notes
This indicator helps you stay ahead of market indecision by highlighting divergence among major indices. Use it as a confirmation tool alongside your strategy to improve your market timing and decision-making.
AI Bollinger Bands Strategy with SL, TP, and Bars Till CloseThis auto trader uses Bollinger Bands (with adjustable length and deviation) and an optional EMA filter to trigger trades. It enters short trades when the prior candle closes above the upper band and then reverses, and long trades when the prior candle is below the lower band and then turns bullish. Risk is managed via:
Trailing stops activated when price crosses the middle band.
Predefined stop loss and take profit levels.
An option to close trades after a set number of bars.
Additionally, you can toggle the visual display of Bollinger Bands and EMA on the chart.
Multi-Indicator [ADX, MACD, Stoch, OBV] alamis custom multi-indicator combines several popular technical analysis tools in one view:
- ADX (Average Directional Index): Measures trend strength
- MACD (Moving Average Convergence Divergence): Shows momentum and trend changes
- Stochastic: Identifies overbought/oversold conditions
- OBV (On Balance Volume): Volume-based momentum indicator
Features:
- All indicators are normalized to the same scale for easy comparison
- Color-coded lines for clear visualization
- Reference lines for better readability
- Optimized scaling for each indicator
Settings:
ADX Length: 14
MACD: (12, 26, 9)
Stochastic: (14, 3, 3)
Lines:
Blue: ADX
Green: MACD Line
Red: MACD Signal
Orange: Stochastic K
Purple: Stochastic D
Yellow: Scaled OBV
Version: PineScript™ v6
Dow Theory Swing Trading-DexterThis Pine Script strategy that implements a basic price action-based trading system inspired by Dow Theory, focusing on swing highs and swing lows. This strategy will generate buy and sell signals based on the formation of higher highs (HH) and higher lows (HL) for an uptrend, and lower highs (LH) and lower lows (LL) for a downtrend.
Swing Highs and Swing Lows:
The script identifies swing highs and swing lows using the ta.highest and ta.lowest functions over a specified lookback period.
A swing high is identified when the high of the current bar is the highest high over the lookback period.
A swing low is identified when the low of the current bar is the lowest low over the lookback period.
Trend Detection:
An uptrend is detected when the current low is higher than the last identified swing low.
A downtrend is detected when the current high is lower than the last identified swing high.
Buy and Sell Signals:
A buy signal is generated when the price closes above the last swing high during an uptrend.
A sell signal is generated when the price closes below the last swing low during a downtrend.
Plotting:
Swing highs and swing lows are plotted on the chart using plotshape.
Buy and sell signals are also plotted on the chart for visual reference.
How to Use:
Copy and paste the script into the Pine Script editor in TradingView.
Adjust the lookback period as needed to suit your trading style and timeframe.
Apply the script to your chart and it will generate buy and sell signals based on the price action.
NOTE: Please uncheck the all the unwanted symbol from chart for clear view .
