Detecting Sideways Market or Strong Trends| Copy Trade Tungdubai**Tool Description**:
The **"Detecting Sideways Market or Strong Trends | Copy Trade Tungdubai"** tool is designed to help traders identify two key market conditions:
1. **Sideways Market**:
- This condition is detected when the ADX is below 20, the price stays within the Bollinger Bands, and the RSI is between 45 and 55.
- When the market is sideways, the chart background will turn yellow as a visual alert.
2. **Strong Trend Market**:
- This condition is identified when the ADX is above 25, and either the price breaks out of the Bollinger Bands or the RSI surpasses the overbought (70) or oversold (30) levels.
- When the market is in a strong trend, the chart background will turn blue as a visual alert.
**Key Components of the Tool**:
- **ADX**: Measures the strength of the market trend, with key thresholds at 20 and 25.
- **Bollinger Bands**: Helps determine volatility and checks if the price is within or outside the bands.
- **RSI**: Measures momentum, helping identify overbought and oversold levels.
**Visual Features on the Chart**:
- ADX, RSI, and Bollinger Bands are clearly plotted with their respective key thresholds for easier recognition of market conditions.
- The chart background changes color to reflect the current market condition (yellow for sideways, blue for strong trends).
**Alerts**:
- Alerts are triggered when the market enters either a sideways or strong trend phase, providing notifications to help users act promptly.
This tool serves as a practical aid in recognizing market conditions, allowing traders to make informed decisions aligned with their strategies.
**Mô tả công cụ**:
Công cụ **"Detecting Sideways Market or Strong Trends | Copy Trade Tungdubai"** được thiết kế để giúp các nhà giao dịch xác định hai trạng thái chính của thị trường:
1. **Thị trường đi ngang (Sideways)**:
- Điều kiện được xác định dựa trên chỉ số ADX thấp hơn ngưỡng 20, giá nằm trong dải Bollinger Bands, và chỉ số RSI dao động trong khoảng từ 45 đến 55.
- Khi thị trường đi ngang, nền của biểu đồ sẽ chuyển sang màu vàng để cảnh báo trực quan.
2. **Thị trường bùng nổ sóng mạnh (Strong Trend)**:
- Điều kiện được xác định khi ADX vượt qua ngưỡng 25 và giá phá vỡ dải Bollinger Bands (hoặc) chỉ số RSI vượt ngưỡng quá mua 70 hoặc quá bán 30.
- Khi thị trường bùng nổ sóng mạnh, nền biểu đồ sẽ chuyển sang màu xanh để cảnh báo trực quan.
**Các thành phần chính của công cụ**:
- **ADX**: Được sử dụng để đo sức mạnh xu hướng thị trường, với các ngưỡng quan trọng là 20 và 25.
- **Bollinger Bands**: Được sử dụng để xác định mức độ biến động và kiểm tra giá nằm trong hay ngoài dải.
- **RSI**: Dùng để đo mức độ quá mua/quá bán, xác định động lượng giá.
**Hiển thị trên biểu đồ**:
- Các đường ADX, RSI, và Bollinger Bands được vẽ rõ ràng, cùng với các ngưỡng quan trọng (hỗ trợ nhận biết trạng thái thị trường).
- Nền biểu đồ thay đổi màu sắc tương ứng với điều kiện thị trường.
**Cảnh báo**:
- Cảnh báo sẽ được kích hoạt khi thị trường rơi vào trạng thái đi ngang hoặc bùng nổ sóng mạnh, với các thông báo giúp người dùng hành động kịp thời.
Công cụ này là một trợ thủ hữu ích trong việc nhận biết trạng thái thị trường, từ đó giúp các nhà giao dịch đưa ra quyết định phù hợp với chiến lược của mình.
Trend Analysis
TrendSlope FusionTrendSlope Fusion is a TradingView indicator that merges slope-based breakouts with a dynamic cloud to highlight buy/sell signals:
It draws diagonal slope lines from recent highs or lows. When price breaks one of these lines, you’ll see a potential Buy (if breaking upwards) or Sell (if breaking down).
A trend cloud on the chart changes color—green for bullish momentum, red for bearish—to help confirm these breakouts.
If price breaks a slope line and the cloud is green, you get a Buy signal in sync with the trend.
If the cloud is red and price breaks a support slope line downward, a Sell signal appears.
This alignment of slope breakouts + trend cloud aims to filter out false moves and highlight stronger trade setups.
You can turn on/off the cloud or slope lines in the settings, letting you customize how much detail you want.
Signals (Buy or Sell labels) pop up on your chart, and you can set alerts to get notified even if you’re away.
Example: On a 15-minute BTC/USD chart, watch for a slope line drawn under recent lows. If the cloud is green and price breaks above that line, TrendSlope Fusion shows a Buy signal—indicating potential upside momentum.
By checking both the breakout and cloud color, you reduce the chance of entering trades against the overall trend.
Overall, TrendSlope Fusion makes it easier to see when price action and trend momentum align, helping you spot higher-probability opportunities in real time.
TrendSlope FusionTrendSlope Fusion is a TradingView indicator that merges slope-based breakouts with a dynamic cloud to highlight buy/sell signals:
It draws diagonal slope lines from recent highs or lows. When price breaks one of these lines, you’ll see a potential Buy (if breaking upwards) or Sell (if breaking down).
A trend cloud on the chart changes color—green for bullish momentum, red for bearish—to help confirm these breakouts.
If price breaks a slope line and the cloud is green, you get a Buy signal in sync with the trend.
If the cloud is red and price breaks a support slope line downward, a Sell signal appears.
This alignment of slope breakouts + trend cloud aims to filter out false moves and highlight stronger trade setups.
You can turn on/off the cloud or slope lines in the settings, letting you customize how much detail you want.
Signals (Buy or Sell labels) pop up on your chart, and you can set alerts to get notified even if you’re away.
Example: On a 15-minute BTC/USD chart, watch for a slope line drawn under recent lows. If the cloud is green and price breaks above that line, TrendSlope Fusion shows a Buy signal—indicating potential upside momentum.
By checking both the breakout and cloud color, you reduce the chance of entering trades against the overall trend.
Overall, TrendSlope Fusion makes it easier to see when price action and trend momentum align, helping you spot higher-probability opportunities in real time.
BBSS+This Pine Script implements a custom indicator overlaying Bollinger Bands with additional features for trend analysis using Exponential Moving Averages (EMAs). Here's a breakdown of its functionality:
Bollinger Bands:
The script calculates the Bollinger Bands using a 20-period Simple Moving Average (SMA) as the basis and a multiplier of 2 for the standard deviation.
It plots the Upper Band and Lower Band in red.
EMA Calculations:
Three EMAs are calculated for the close price with periods of 5, 10, and 40.
The EMAs are plotted in green (5-period), cyan (10-period), and orange (40-period) to distinguish between them.
Trend Detection:
The script determines bullish or bearish EMA alignments:
Bullish Order: EMA 5 > EMA 10 > EMA 40.
Bearish Order: EMA 5 < EMA 10 < EMA 40.
Entry Signals:
Long Entry: Triggered when:
The close price crosses above the Upper Bollinger Band.
The Upper Band is above its 5-period SMA (indicating momentum).
The EMAs are in a bullish order.
Short Entry: Triggered when:
The close price crosses below the Lower Bollinger Band.
The Lower Band is below its 5-period SMA.
The EMAs are in a bearish order.
Trend State Tracking:
A variable tracks whether the market is in a Long or Short trend based on conditions:
A Long trend continues unless conditions for a Short Entry are met or the Upper Band dips below its average.
A Short trend continues unless conditions for a Long Entry are met or the Lower Band rises above its average.
Visual Aids:
Signal Shapes:
Triangle-up shapes indicate Long Entry points below the bar.
Triangle-down shapes indicate Short Entry points above the bar.
Bar Colors:
Green bars indicate a Long trend.
Red bars indicate a Short trend.
This script combines Bollinger Bands with EMA crossovers to generate entry signals and visualize market trends, making it a versatile tool for identifying momentum and trend reversals.
Fibonacci 0.786 and Shark Fin FinderHere’s a description template for your **Fibonacci 0.786 and Shark Fin Finder** indicator or strategy to share with the TradingView community. The description emphasizes its purpose, features, and how others can benefit from using it.
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**Fibonacci 0.786 and Shark Fin Finder**
**Overview**
The **Fibonacci 0.786 and Shark Fin Finder** are custom indicator designed to help traders identify high-probability trading opportunities by combining key Fibonacci retracement levels and momentum signals. It scans for price retracements to the critical 0.786 Fibonacci level and alerts users to potential "shark fin" patterns using RSI momentum. This is ideal for traders looking for precision entries in trending or consolidating markets.
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**Key Features**
1. **Automatic Fibonacci 0.786 Level Detection:**
Automatically calculates the 0.786 retracement level based on recent price highs and lows.
plots the level on the chart for easy reference.
2. **Shark Fin RSI Alerts:**
Detects when the RSI forms a sharp reversal from overbought (>80) or oversold (<20) zones.
Great for identifying potential reversals or pullbacks.
3. **Customizable Inputs:**
Adjust the RSI period, overbought/oversold thresholds, and lookback length to suit your trading style.
Easily adaptable for different asset classes or timeframes.
4. **Alert System:**
Sends alerts when either the 0.786 Fibonacci retracement level is reached or a Shark Fin RSI pattern is detected.
Alerts can be sent via popup, email, SMS, or webhook for automation.
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#### **Who Should Use This?**
- **Swing Traders:** Looking to identify retracement opportunities in trending markets.
- **Scalpers:** Catching short-term reversals or pullbacks using Shark Fin RSI signals.
- **Trend Traders:** Adding confluence to entries or exits by combining Fibonacci levels with RSI momentum.
---
**How to Use It**
1. Add the indicator to your chart.
2. Watch for price nearing the plotted 0.786 Fibonacci level.
3. Look for Shark Fin RSI patterns to confirm potential reversals.
4. Use the built-in alert system for automated notifications.
5. Combine it with other technical analysis tools like trendlines, support/resistance, or volume for enhanced accuracy.
---
**Example Settings**
RSI Length:** 14
Overbought Level:** 80
Oversold Level:** 20
Lookback Length for Fibonacci:** 14 bars
---
**Trading Tips**
Use the indicator on higher timeframes (4H, daily) for swing trades and lower timeframes (15m, 1H) for scalping.
Combine it with volume analysis or candlestick patterns for stronger confirmations.
Always practice proper risk management, such as setting stop-loss and take-profit levels.
---
**Disclaimer**
This indicator is a tool to support your analysis and is not a guarantee of profitable trades. Use it alongside your trading strategy and risk management plan.
Pat EMA SignalWIP
EMA 21 & 89 Crossover buy signals. Not completely finished yet
See information in WealthGroup discord for how to utilize whop.com
Liquitive Buy/Sell Dollar AveragerLiquitive Buy/Sell Dollar Averager Indicator
The "Liquitive Buy/Sell Dollar Averager" is a versatile trading tool designed for intraday and multi-timeframe analysis, combining advanced range-bound calculations, RSI normalization, volume spikes, and candle pattern recognition to identify optimal buy and sell conditions. This indicator is particularly suitable for traders employing strategies that focus on dollar-cost averaging, position scaling, and systematic buy/sell decision-making.
Key Features:
Adaptive RSI-Based Levels:
Dynamically calculates inner bounds (IB) and outer bounds (OB) using RSI and price ranges, helping to identify overbought and oversold conditions relative to the price action.
Normalizes RSI values to the price range for seamless visualization overlaid on the chart.
Volume and Candle Analysis:
Detects significant volume spikes relative to a moving average, signaling increased market activity.
Identifies spiking green/red candles to capture momentum-driven price movements.
Dynamic Support and Resistance:
Calculates and plots support and resistance levels based on recent swing highs and lows.
Median and boundary lines help visualize key price levels for decision-making.
Profitability Check:
Buy and Sell Signals:
Checks profitability thresholds based on percentage gains/losses.
Incorporates logic for "time to buy" and "time to sell" using target profit margins.
Implements average move percentage to define realistic thresholds for buy/sell actions.
Time-Based Trading Restrictions:
Configures trading logic to disallow trades after a specific time (e.g., 3:40 PM for intraday sessions).
Ensures logical entry and exit decisions are only made within active trading hours.
Color-Coded Visualization:
Background colors dynamically shift between green (bullish), red (bearish), and neutral, depending on RSI and price position relative to the inner bounds.
Opacity of the background adjusts based on normalized RSI differences to provide a visual cue of market strength.
Customizable Parameters:
Allows user input for key settings like lookback periods, RSI length, percent ranges, volume thresholds, and transparency levels, enabling flexible configuration tailored to individual strategies.
Actionable Alerts and Signals:
Plots "Open Position", "Add to Position", and "Close Position" markers directly on the chart, making it easy to follow systematic trading rules.
How It Works:
Buy Signals:
Triggered when price conditions, volume spikes, and RSI-based thresholds align with profitability metrics.
Designed for dollar-cost averaging, identifying opportunities to add to long positions or open new positions.
Sell Signals:
Evaluates profitability conditions to identify when to close or scale out of positions.
Incorporates real-time evaluation of market momentum and profitability.
Custom Trend TableManual input of trend starting with Daily Time frame, then H4 and H1.
If Daily and H4 are the same trend we can ignore H1 trend (N/A).
M15 Buy or Sell comes automatically depending on what the higher time frame trends are.
If Daily and H4 are bearish, then we look for Selling opportunities on M15.
If Daily and H4 are bullish, then we look for Buying opportunities on M15.
If Daily and H4 are different trends, then H1 trend will determine M15 Buy or Sell.
Works for up to 4 pairs / Symbols. If you need more, just add the indicator twice and on the second settings, move the placement of the table to a different location (Eg: Top, Middle) so you can see up to 8 Symbols. Repeat this process if required.
Emotion Oscillator### **How to Use the Emotion Oscillator**
The **Emotion Oscillator** is a momentum-based indicator designed to identify overbought and oversold conditions in the market and generate buy or sell signals based on emotional extremes. Here’s how to use it effectively:
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### **Key Features:**
1. **Overbought & Oversold Levels:**
- The oscillator highlights two key levels:
- **Oversold Level (-50):** Indicates a potential buying opportunity as the market might be undervalued.
- **Overbought Level (50):** Indicates a potential selling opportunity as the market might be overvalued.
- Transparent green and red areas visually emphasize these levels.
2. **Buy Signal (💰):**
- Generated when:
- The oscillator (SMI) crosses above its signal line (EMA).
- The oscillator value is below **-30** (indicating an oversold condition).
- Use this signal to consider entering a **long position**.
3. **Sell Signal (🤑):**
- Generated when:
- The oscillator (SMI) crosses below its signal line (EMA).
- The oscillator value is above **30** (indicating an overbought condition).
- Use this signal to consider entering a **short position**.
4. **Dynamic Visuals:**
- Green and red lines represent the oscillator (SMI) and signal line (EMA), respectively.
- Unicode icons help identify clear buy/sell moments.
---
### **How to Trade with the Indicator:**
1. **Buy (Long):**
- Look for a **💰 Buy Signal** below the -30 threshold.
- Enter the trade after confirming the signal with price action or another indicator.
- Place a stop loss below the recent swing low to minimize risk.
2. **Sell (Short):**
- Look for a **🤑 Sell Signal** above the 30 threshold.
- Enter the trade after confirming the signal with price action or another indicator.
- Place a stop loss above the recent swing high to minimize risk.
3. **Avoid Signals:**
- Avoid relying on signals when the oscillator is near the zero line, as they may lack momentum.
---
### **Tips for Better Results:**
- **Combine with Other Indicators:** Use the Emotion Oscillator with trend-based indicators like moving averages or Bollinger Bands for confirmation.
- **Test on Different Timeframes:** Shorter timeframes can generate more signals, while longer timeframes may provide stronger confirmations.
- **Risk Management:** Always use a risk/reward ratio (e.g., 3:1) and position sizing to manage your trades effectively.
---
The Emotion Oscillator is a versatile tool that provides insights into market momentum and emotional extremes. It is best used in conjunction with other strategies for optimal performance.
TrendCheckerTrendChecker Indicator Description
TrendChecker is a versatile tool designed to identify market trends and key support/resistance levels using dynamic moving averages (EMAs) and long-term simple moving averages (SMAs).
Key Features:
Short-Term Moving Averages (EMAs):
Uses EMA 13 and EMA 20 to track short-term momentum.
EMA colors dynamically reflect the current trend direction.
Long-Term Moving Averages (SMAs):
SMA 50 (short-term trend, black).
SMA 200 (long-term trend, blue).
The filled area between SMA 50 and SMA 200 highlights key equilibrium zones in the trend.
Candle Colors:
Green candles: Price above SMA 50 – bullish trend.
Red candles: Price below SMA 50 – bearish trend.
Golden Cross and Death Cross:
Golden Cross: SMA 50 crosses above SMA 200 – a signal of a long-term bullish trend.
Death Cross: SMA 50 crosses below SMA 200 – a signal of a long-term bearish trend.
How to Use:
Trend Identification: Quickly determine if the market is in an uptrend or downtrend.
Entry and Exit Signals:
Candles and EMAs highlight optimal entry points.
SMA 50 and SMA 200 help filter false signals.
Momentum Monitoring: EMA 13 and EMA 20 capture short-term trend changes.
Recommendations:
Best suited for 15M, 1H, and 1D timeframes.
Fully customizable with editable colors and moving average lengths.
Gann Levels HTFGann Levels HTF
This script plots the key Gann levels on a chart based on a selected higher time frame (HTF), enabling traders to identify important support and resistance zones. It calculates the Gann levels as fractions of the price range between the high and low of the selected time frame.
Features:
Select any time frame (default is Monthly) to calculate Gann levels.
Gann levels are plotted as:
R3 (1/8 of the price range)
R2 (1/4 of the price range)
R1 (3/8 of the price range)
P (1/2 of the price range, mid-point)
S1 (5/8 of the price range)
S2 (3/4 of the price range)
S3 (7/8 of the price range)
The script uses a stepline plot style for visual clarity.
Labels are added at the last bar to indicate the corresponding Gann levels with colors to make them easily identifiable.
Blue for R3 and S3
Green for R2 and S2
Orange for R1 and S1
Red for P (the mid-point)
This script is especially useful for traders following the principles of Gann Theory, providing an easy-to-use tool for detecting key levels that may act as support or resistance.
Use it on lower Timeframes with selected Higher Timeframe
Volume Weighted Average Price with 4 EMAsThe Volume Weighted Average Price (VWAP) with EMAs indicator combines the VWAP, which provides the average price of a security weighted by volume, with four Exponential Moving Averages (EMAs) of customizable lengths (default: 9, 20, 50, 200). This indicator helps traders identify trends, potential support and resistance levels, and make informed trading decisions based on price action relative to volume and moving averages.
Options Flavour by Raushan ShrivastavaThis script is for a trading strategy which combines Pivot Points and a Simple Moving Average.
It calculates support and resistance levels based on the monthly pivot point and plots them on the chart.
The script also creates conditions for entering bullish and bearish trades based on the relationship between the price and moving average.
Breakdown of the main components of the script :-
Pivot Point Calculation:
The script calculates the monthly pivot point and its associated support (S1, S2, S3) and resistance (R1, R2, R3) levels.
These levels are used to determine potential areas of interest on the chart.
Moving Average:
A simple moving average (SMA) is plotted with a length defined by the user (length_ma), used to spot trends.
Conditions for Bullish and Bearish Signals:
Bullish condition: The label appears when the market crosses the moving average upward and is above the pivot, or when the market crosses the pivot upward and is above the moving average.
Bearish condition: The label appears when the market crosses the moving average downward and is below the pivot, or when the market crosses the pivot downward and is below the moving average.
Plotting Shapes:
The pivot point, support, resistance, and previous month's high/low values are plotted on the chart as circles.
The moving average is plotted as a black line.
Labels:
Labels are placed to indicate when a bullish or bearish condition occurs. These labels appear when the conditions are met, helping visualize trading signals.
This strategy can be useful for traders who wish to combine multiple technical indicators to make more informed decisions. You can adjust the parameter for moving average length to fine-tune the strategy for different time frames and market conditions.
The JewelThe Jewel is a comprehensive momentum and trend-based indicator designed to give traders clear insights into potential market shifts. By integrating RSI, Stochastic, and optional ADX filters with an EMA-based trend filter, this script helps identify high-conviction entry and exit zones for multiple trading styles, from momentum-based breakouts to mean-reversion setups.
Features
Momentum Integration:
Leverages RSI and Stochastic crossovers for real-time momentum checks, reducing noise and highlighting potential turning points.
Optional ADX Filter:
Analyzes market strength; only triggers signals when volatility and directional movement suggest strong follow-through.
EMA Trend Filter:
Identifies broad market bias (bullish vs. bearish), helping traders focus on higher-probability setups by aligning with the prevailing trend.
Caution Alerts:
Flags potentially overbought or oversold conditions when both RSI and Stochastic reach extreme zones, cautioning traders to manage risk or tighten stops.
Customizable Parameters:
Fine-tune RSI, Stochastic, ADX, and EMA settings to accommodate various assets, timeframes, and trading preferences.
How to Use
Momentum Breakouts: Watch for RSI cross above a set threshold and Stochastic cross up, confirmed by ADX strength and alignment with the EMA filter for potential breakout entries.
Mean Reversion: Look for caution signals (RSI & Stoch extremes) as early warnings for trend slowdown or reversal opportunities.
Trend Continuation: In trending markets, rely on the EMA filter to stay aligned with the primary direction. Use momentum crosses (RSI/Stochastic) to time add-on entries or exits.
Important Notes
Non-Investment Advice
The Jewel is a technical analysis tool and does not constitute financial advice. Always use proper risk management and consider multiple confirmations when making trading decisions.
No Warranty
This indicator is provided as-is, without warranty or guarantees of performance. Traders should backtest and verify its effectiveness on their specific instruments and timeframes.
Collaborate & Share
Feedback and suggestions are welcome! Engaging with fellow traders can help refine and adapt The Jewel for diverse market conditions, strengthening the TradingView community as a whole.
Happy Trading!
If you find this script valuable, please share your feedback, ideas, or enhancements. Collaboration fosters a more insightful trading experience for everyone.
Moving Average Distance between MA coloredThe distance between short and long moving average of prices MAD
Momentum
Predictor of equity returns
TICK Charting & DivergencesOverview
The TICK index measures the number of NYSE stocks making an uptick versus a downtick. This indicator identifies divergences between price action and TICK readings, potentially signaling trend reversals.
Key Features
Real-time TICK monitoring during market hours (9:30 AM - 4:00 PM ET)
Customizable smoothing factor for TICK values
Regular and hidden divergences detection
Reference lines at ±500 and ±1000 levels
Current TICK value display
TICK Internals Interpretation
Above +1000: Strong buying pressure, potential exhaustion
Above +500: Moderate buying pressure
Below -500: Moderate selling pressure
Below -1000: Strong selling pressure, potential exhaustion
Best Practices
Use in conjunction with support/resistance levels, market trend direction, and time of day.
Higher probability setups with multiple timeframe confirmation, divergence at key price levels, and extreme TICK readings (±1000).
Settings Optimization
Smoothing Factor: 1-3 (lower for faster signals)
Pivot Lookback: 5-10 bars (adjust based on timeframe)
Range: 5-60 bars (wider for longer-term signals)
Warning Signs
Multiple failed divergences
Choppy price action
Low volume periods
Major news events pending
Remember: TICK divergences are not guaranteed signals. Always use proper risk management and combine with other technical analysis tools.
EMA Conditions Overlay with Weekly Tick MovementDisplays EMA conditions for 4H and daily timeframes along with weekly tick movement
Top G indicator [BigBeluga]Top G Indicator is a straightforward yet powerful tool designed to identify market extremes, helping traders spot potential tops and bottoms effectively.
🔵 Key Features:
High Probability Signals:
𝔾 Label: Indicates high-probability market bottoms based on specific conditions such as low volatility and momentum shifts.
Top Label: Highlights high-probability market tops using key price action dynamics.
Simple Signals for Potential Extremes:
^ (Caret): Marks potential bottom areas with less certainty than 𝔾 labels.
v (Inverted Caret): Signals potential top areas with less certainty than Top labels.
Midline Visualization:
A smoothed midline helps identify the center of the current range, providing additional context for trend and range trading.
Range Highlighting:
Dynamic bands around the highest and lowest points of the selected period, color-coded for easy identification of the market range.
🔵 Usage:
Spot Extremes: Use 𝔾 and Top labels to identify high-probability reversal points for potential entries or exits.
Monitor Potential Reversals: Leverage ^ and v marks for additional signals on potential turning points, especially during range-bound conditions.
Range Analysis: Use the midline and dynamic bands to determine the market's range and its center, aiding in identifying consolidation or breakout scenarios.
Confirmation Tool: Combine this indicator with other tools to confirm reversal or trend continuation setups.
Top G Indicator is a simple yet effective tool for spotting market extremes, designed to assist traders in making timely decisions by identifying potential tops and bottoms with clarity.
Special Forces Supertrend | JeffreyTimmermansSpecial Forces Supertrend Indicator
The "Special Forces Supertrend" is a cutting-edge trading indicator designed by Jeffrey Timmermans to provide traders with actionable insights into market trends. It combines advanced moving averages with dynamic range calculations to adapt to changing market conditions, ensuring clear and reliable trend identification.
Core Features
Trend Identification:
Integrates a customizable moving average (MA) with multiple types such as SMA, EMA, SMMA, WMA, VWMA, TEMA, DEMA, LSMA, HMA, or ALMA.
Employs a dynamic range calculation using the highest high over a user-defined period, modified by adjustable multipliers.
Offers the option to switch between average range and specific lookback periods for increased adaptability.
Signal Generation:
Scores are calculated based on price action relative to the moving average and dynamic range.
Generates bullish (long) and bearish (short) crossover signals using these scores.
Alerts for long and short conditions are integrated, ensuring traders never miss an opportunity.
Visual Indicators:
Candlestick Coloring: Trends are visually distinguished—greenish hues for bullish conditions and purplish hues for bearish conditions.
Moving Average Line: A semi-transparent, color-coded line dynamically adjusts to match the trend direction for improved clarity.
Range Visualization: A semi-transparent shaded area indicates potential support or resistance levels based on the average range calculation.
Customization Options
Range Settings:
Length: Determines the period for calculating the highest high.
Lookback Alpha & Beta: Enables varied lookback periods for range computation.
Multiplier Alpha & Beta: Fine-tune the range sensitivity using these multipliers.
Use Average Range: Toggle between average range or specific lookback periods for signal generation.
Source Input: Select a data source (e.g., close price) to adapt the range calculation for highly volatile assets.
Moving Average Settings:
Type MA: Choose from multiple moving average methods to suit different trading styles.
Length: Define the length for the moving average calculation.
Source: Specify the price source (default is close price).
Color Customization: Choose personalized colors for bullish and bearish trends to align with your trading environment.
Alerts:
Supertrend Long Alert: Notifies when a bullish crossover is detected.
Supertrend Short Alert: Notifies when a bearish crossover is detected.
How to Use
The Special Forces Supertrend indicator is a versatile tool that excels in identifying and confirming trends.
For optimal performance:
Use it in combination with other indicators or analysis methods to validate signals.
Adjust its parameters to align with specific market instruments or your trading strategy.
This indicator is tailored to meet the needs of both novice and experienced traders, providing flexibility, reliability, and clear visual cues for navigating complex market dynamics.
-Jeffrey
FuTech : MACD Crossovers Advanced Alert Lines=============================================================
Indicator : FuTech: MACD Crossovers Advanced Alert Lines
Overview:
The "FuTech: MACD Crossovers Advanced Alert Lines" indicator is designed to assist traders in identifying key technical patterns using the :-
1. MACD (Moving Average Convergence Divergence) and
2. Golden/Death Crossovers
By visualizing these indicators directly on the chart with advanced lines, it helps traders make more informed decisions on when to enter or exit trades.
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Key Features of "FuTech: MACD Crossovers Advanced Alert Lines":
1. MACD Crossovers:
a) The MACD is one of the most widely used indicators for identifying momentum shifts and potential buy/sell signals. This indicator plots vertical lines on the chart whenever the MACD line crosses the signal line.
b) Upward Crossover (Bullish Signal) : When the MACD line crosses above the signal line, a green vertical line will appear, indicating a potential buying opportunity.
c) Downward Crossover (Bearish Signal) : When the MACD line crosses below the signal line, a red vertical line will appear, signaling a potential selling opportunity.
2. Golden Cross & Death Cross:
a) The Golden Cross occurs when the price moves above a long-term moving average (like the 50-day moving average), signaling a potential upward trend.
b) The Death Cross occurs when the price moves below a long-term moving average, signaling a potential downward trend.
c) These crossovers are displayed with customizable lines on the chart to easily spot when the market is shifting direction.
d) Golden Cross (Bullish Signal) : A blue vertical line appears when the price crosses above the selected long-term moving average.
e) Death Cross (Bearish Signal) : A purple vertical line appears when the price crosses below the selected long-term moving average.
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Customization Options:
This indicator offers several customization options to suit your trading preferences:
1) MACD Settings:
a) Choose between different moving average types (EMA, SMA, or VWMA) for calculating the MACD.
b) Adjust the lengths of the fast, slow, and signal MACD periods.
c) Control the width and color of the vertical lines drawn on the chart for both up and down crossovers.
2) Golden Cross / Death Cross Settings:
a) Select the moving average type for the Golden Cross / Death Cross (EMA, SMA, or VWMA).
b) Define the lookback period for calculating the Golden Cross / Death Cross.
c) Customize the appearance of the Golden and Death Cross lines, including their width and color.
You can use both as well as either of the MACD lines or Golden Crossover / Death Crossover Lines respectively as per your trading strategies
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How "FuTech: MACD Crossovers Advanced Alert Lines" indicator Works:
a) The indicator monitors the price and calculates the MACD and Golden/Death Crosses.
b) When the MACD line crosses above or below the signal line, or when the price crosses above or below the long-term moving average, it plots a vertical line on the chart.
c) These lines help traders quickly spot potential turning points in the market, providing clear signals to act upon.
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Use Case:
a) Swing Traders: The indicator is useful for spotting momentum shifts and trend reversals, helping you time entries and exits for short- to medium-term trades.
b) Long-Term Traders: The Golden and Death Cross signals help identify major trend changes, giving insights into potential market shifts.
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Why Use This "FuTech: MACD Crossovers Advanced Alert Lines" Indicator ?
a) Clear Visuals : The vertical lines provide clear and easy-to-spot signals for MACD crossovers and Golden/Death Crosses.
b) Customizable : Adjust settings for your personal trading strategy, whether you're focusing on short-term momentum or long-term trend shifts.
c) Supports Decision Making : With its advanced line plotting and customizable features, this indicator helps you make quicker and more informed trading decisions.
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How to Use:
a) MACD Crossovers: Look for green lines to signal potential buying opportunities (when the MACD line crosses above the signal line) and red lines for selling opportunities (when the MACD line crosses below the signal line).
b) Golden Cross / Death Cross: Use the blue lines to confirm when a positive trend may begin (Golden Cross) and purple lines to warn when a negative trend may start (Death Cross).
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Conclusion:
"FuTech: MACD Crossovers Advanced Alert Lines" indicator combines two powerful technical analysis tools, the MACD and Golden/Death Crosses, to provide clear, actionable signals on your chart.
By customizing the appearance of these signals and combining them with your trading strategy, you can enhance your decision-making process and improve your trading outcomes.
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Thank you !
Jai Swaminarayan Dasna Das !
He Hari ! Bas Ek Tu Raji Tha !
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Dan-Machine Learning: Lorentzian Classification with AlertsAlerts by any colour change in smoothed Heikin Ashi candles.
Equilibrium ZonesEquilibrium Zones
This script identifies equilibrium zones within a specified range of bars, providing valuable insights into potential support and resistance levels. By analyzing the highest and lowest prices over a user-defined range, the script calculates the equilibrium price and additional levels around it to highlight demand, supply, and resistance/support zones.
Features:
Equilibrium Zone:
Calculates the equilibrium price as the midpoint between the range's highest and lowest prices.
Highlights key levels around the equilibrium, such as primary and secondary support/resistance levels.
Visual Representation:
Displays horizontal lines for each level with customizable colors and styles.
Adds descriptive labels next to the lines for better clarity on the chart.
User Inputs:
Range Length: Specify the number of bars to analyze for calculating the range.
Offset: Adjust the label placement for better visibility.
Dynamic Updates:
Automatically updates lines and labels to keep the chart clean and focused.
How to Use:
Add the script to your chart.
Customize the Range Length and Offset inputs to fit your analysis style.
Observe the equilibrium zones and use them to identify potential breakout, reversal, or consolidation areas.
