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Trend Analysis

Mandelbrot Fractal DimensionThe Mandelbrot Fractal Dimension (D) measures the information density and path complexity of price movements. It quantifies how much a price path fills the space between its starting and ending points: D ≈ 1.0 : Strong trending behavior (minimal complexity, high predictability) D ≈ 1.5 : Random walk behavior (maximum complexity, no structure) D > 1.5 : Mean-reverting behavior (high complexity, bounded movement) Reference the given link for documentation .
Pine Script® indicator
by yijisuk
MA Cloud + Linha Média🧠 Description of “MA Cloud + Average Line” Indicator This Pine Script indicator combines multiple moving averages (MAs) into a dynamic visualization that helps traders identify market trends, momentum shifts, and trend strength. It creates a colored cloud between the fastest and slowest moving averages, and also plots an average line representing the mean of all active MAs. ⚙️ 1. Core Features Multiple Moving Averages (MAs) Supports up to four customizable moving averages (MA1, MA2, MA3, MA4). Each MA can use different types: SMA (Simple Moving Average) EMA (Exponential Moving Average) WMA (Weighted Moving Average) VWMA (Volume-Weighted Moving Average) RMA (Smoothed Moving Average) Hull MA (Hull Moving Average) LSMA (Least Squares Moving Average) The trader can define each MA’s period, color, and choose whether it’s active or not. Trend Color Coding Each MA changes color based on its slope: Green (or chosen “Up Color”) when rising Red (or chosen “Down Color”) when falling This gives instant visual feedback on short-term direction. MA Cloud (Trend Zone) When the “Cloud” is active, the area between the minimum and maximum of all active MAs is shaded. The cloud changes color based on alignment: 🟩 Green Cloud – all MAs are aligned upward (strong bullish trend). 🟥 Red Cloud – all MAs are aligned downward (strong bearish trend). ⚪ Gray Cloud – mixed alignment (no clear trend / consolidation). Average Line (Mean of All MAs) Calculates the average of all active MAs and plots it as a central “mean” line. Serves as a dynamic trend guide — when price is above it, the market tends to be bullish; below it, bearish. The color of the line follows the current cloud color for consistency. 📈 2. How It Helps Identify Trends This indicator provides multiple layers of trend confirmation: Visual Element Interpretation Trend Insight MA Slope Color Green (Up) / Red (Down) Short-term momentum direction MA Cloud Color Green / Red / Gray Overall trend alignment across timeframes Average Line Mean of all MAs Acts as a “trend equilibrium” line Price vs. Average Line Above = Bullish / Below = Bearish Confirms trend bias 🔍 3. Example Use Cases Trend Following Enter long trades when all MAs are aligned (Cloud = Green) and price is above the average line. Enter short trades when the Cloud is Red and price is below the average line. Trend Strength Confirmation The wider the distance between MAs (thicker cloud), the stronger the ongoing trend. A narrowing cloud or color shift (green → gray → red) can warn of trend reversal or consolidation. Dynamic Support and Resistance The MA Cloud acts as a support zone in uptrends and resistance zone in downtrends. Traders can use the edges of the cloud to identify possible pullback entry zones. Multi-Timeframe Analysis By using fast MAs (e.g., 20/50) and slow MAs (100/200), traders can visualize short-term vs. long-term trend interaction, similar to “Golden Cross” and “Death Cross” setups. 🧩 4. How to Use It Practically Step 1: Enable only the MAs you need (e.g., 20, 50, 200). Step 2: Observe the cloud color: 🟩 Green → Favor long trades 🟥 Red → Favor short trades ⚪ Gray → Wait for confirmation Step 3: Use the average line as a filter: Trade only in the direction of the average line’s slope. Step 4: Combine with volume, RSI, or price action to refine entries. 💬 Summary Indicator Name: MA Cloud + Average Line Purpose: Visual trend detection and confirmation Best For: Swing and trend-following traders Signals Provided: Trend alignment (via color-coded cloud) Momentum shifts (via MA color changes) Dynamic support/resistance (via cloud zones) Overall trend bias (via average line)
Pine Script® indicator
by ueuito
Halt-Risk Guard (5-min / 10%) — TTP Safe🛑 Halt-Risk Guard (5-min / 10%) — TTP Safe Stay clear of halts, invalidations, and over-extended moves. 🔍 Overview The Halt-Risk Guard helps traders avoid sudden invalidations by monitoring price velocity over the past X minutes (default: 5 min) and flagging when moves exceed a configurable threshold (default: 10%). Originally built to meet Trade The Pool (TTP) risk-management rules — where even non-halted 10% moves can void trades — this tool provides a clear, visual warning system and optional entry blocker. ⚙️ Key Features ✅ Halt-Risk Detection – Calculates both reference-based and swing-based (high↔low) percentage change over the chosen lookback period. ✅ TTP Safe Mode – “Swing mode” captures extreme volatility spikes that may invalidate trades even when the market stays open. ✅ Entry Blocker (optional) – Automatically greys candles and dims the background during risky conditions to prevent impulsive entries. ✅ Customisable Positioning – Move the on-chart info box to any corner of your chart (Top Left / Top Right / Bottom Left / Bottom Right). ✅ Clean Alerts – ⚠️ At/Above Threshold ✅ Back to Safe ⛔ Entry Blocker Active ✅ Visual Table Display – Compact dashboard shows current % move, lookback window, and threshold with intuitive green/red status. ✅ Strategy-Ready Output – A hidden 0/1 plot lets you block or filter trades in automated systems. ⚡ How It Works Monitors the selected symbol using your chosen computation timeframe (recommended 1-minute). Evaluates either: REF mode: Close-to-close change over the lookback window. SWING mode: High-to-low range within the same window. If the move ≥ Threshold %, the script highlights a halt-risk condition and optionally activates the entry blocker. 🎨 Recommended Settings Lookback: 5 minutes Threshold: 10 % Swing mode: ON (TTP-safe) Computation timeframe: 1 minute Entry blocker: ON Dim background: ON 🧠 Use Cases TTP and other prop-firm evaluations enforcing price-movement limits. Volatility-based scalping systems to avoid chasing extended candles. Strategy filters for algorithmic entries (e.g. pause trading during halt-risk windows). ⚠️ Disclaimer This tool provides visual and alert-based guidance only. It does not guarantee compliance with any specific firm’s rules or eliminate trading risk. Always verify thresholds and rules with your broker or evaluation provider.
Pine Script® indicator
by rrtaker86
Opposing Candle V2🟩 OC (Opposing Candle) Multi–Timeframe Framework 🔍 Overview The OC Indicator automatically detects and displays Opposing Candles (OCs) across up to three timeframes. An Opposing Candle is a candle that fully engulfs the previous one, signaling a potential shift in control — either a trend continuation or a trend reversal. This multi–timeframe framework gives traders a structured way to visualize displacement, pullbacks, and momentum shifts between timeframes. ⚙️ How It Works Each OC is drawn as a box showing: High & Low → The candle’s full range Open Line (black) → Key control level Midline (white) → Candle equilibrium Optional labels for timeframe and session You can enable up to 3 timeframes (e.g., 30m / 1H / 4H) and adjust how many OCs to display for each. 📈 Trading Framework 🔹 Continuation Setup (Trend Following) 1. 4H Bias → Bullish or Bearish Identify clear trend structure (HH/HL = bullish, LH/LL = bearish). Confirm strong displacement and visible gaps between OCs — signs of momentum and healthy trend continuation. 2. 1H Confirmation OC OC forms in the direction of the 4H bias, confirming control. 3. 30min Pullback OC Opposite–colored OC appears → represents the pullback. 4. Entry Trigger A yellow candle closes beyond the 30min OC open line, confirming the end of the pullback. → Enter in trend direction. 🎯 Targets Target 1: Next 1H OC high or low (in trend direction) Target 2: Next 4H OC high or low 🛑 Stop: Beyond the 30min OC’s opposite wick 🔹 Reversal Setup (Trend Shift) 1. 4H Structure → Extended or Losing Momentum When there are no higher–timeframe gaps and no displacement, momentum weakens — often a sign of potential reversal. 2. Opposing OC Forms on HTF A strong engulfing OC appears against the previous trend at a key structural level. 3. Lower–Timeframe Alignment 1H and 30min OCs begin forming in the new direction, confirming control shift. 4. Entry Trigger Break of the lower–timeframe OC open line signals the reversal confirmation. 🟢 Example: Bullish Reversal 4H downtrend shows compression (no displacement) 4H bullish OC forms at support 30min breaks above a bearish OC’s open line → Go long 🔴 Example: Bearish Reversal 4H uptrend stalls at resistance 4H bearish OC forms 30min breaks below a bullish OC’s open line → Go short 🎯 Targets Target 1: Nearest opposing 1H OC high/low Target 2: Major 4H structural high/low 🛑 Stop: Beyond the reversal OC wick 🧠 Key Concepts Displacement = Strength. Strong, impulsive moves with clear gaps between OCs show continuation. Compression = Weakness. Overlapping candles and no HTF displacement often hint at reversal. OC = Control Candle. The open line is the “line in the sand” — when price breaks it, control flips. Multi–TF Confluence = Precision. 4H → 1H → 30m gives you structure → confirmation → entry accuracy. 🎨 Features ✅ Multi–Timeframe OC detection (default: 30m / 1H / 4H) ✅ Bullish & Bearish boxes with open and midlines ✅ Break candles highlighted yellow ✅ Optional labels (timeframe + session) ✅ Session filters (Asia, London, NYAM, NYPM) ✅ Fully customizable visuals and extension lengths
Pine Script® indicator
by JesseVisco
AG Pro Dynamic ChannelsAG Pro Dynamic Channels V2 Discover a new lens through which to view market structure with the AG Pro Dynamic Channels V2. This advanced indicator moves beyond simple trendlines, automatically identifying, classifying, and drawing eight distinct types of support and resistance channels directly on your chart. Built on a sophisticated pivot-point detection engine, this script intelligently distinguishes between Major and Minor price structures, as well as Internal and External channels. This provides a comprehensive and multi-dimensional map of the market's flow, helping you identify trend continuations, corrections, and potential reversals. The indicator is complete with a powerful, fully customizable alert system designed to notify you of the two most critical events: channel breakouts and price reactions. Key Features Fully Automatic Channels: The script automatically analyzes price action to find pivot highs and lows, using them to construct relevant channels without any manual drawing required. 8-Channel Classification: Gain deep market insight by viewing eight distinct channel types: Major External (Up/Down) Major Internal (Up/Down) Minor External (Up/Down) Minor Internal (Up/Down) Advanced Pivot Engine: The core logic classifies pivots into categories like Higher Highs (MHH/mHH), Lower Lows (MLL/mLL), Higher Lows (MHL/mHL), and Lower Highs (MLH/mLH) to determine the precise start and end points for each channel. Deep Customization: Take full control of your chart's appearance. You can individually toggle the visibility, color, line style (solid, dashed, dotted), and line width for all eight channel types. Chart Clarity: A "Delete Previous" option is available for each channel type, allowing you to keep your chart clean and focused on only the most current and relevant market structures. Comprehensive Alert System Never miss a key price interaction. The AG Pro Dynamic Channels V2 features a robust, built-in alert module. Dual-Alert Conditions: Get notifications for two distinct events: Break Alert: Triggers when price confirms a close outside of a channel, signaling a potential breakout. React Alert: Triggers when price touches or interacts with a channel line before closing back inside, signaling a test or rejection. 16 Unique Alerts: You have full control to enable or disable "Break" and "React" alerts for all 8 channel types individually, giving you 16 unique alert conditions to monitor. Professional Alert Messages: The embedded alert sender provides detailed messages that include the asset, timeframe, and the specific event, such as "Break Major External Up Channel" or "React Minor Internal Down Channel". Alert Configuration: Easily set your global Alert Name, Message Frequency (e.g., Once Per Bar, Once Per Bar Close), and Alert Time Zone from the script's settings. How to Use Trend Identification: Use the Major External Channels (drawn from MHH and MLL pivots) to identify the primary, long-term trend direction. Pullback & Entry Zones: Use the Internal Channels (drawn from MHL and MLH pivots) to spot corrections and potential entry zones within an established trend. Breakout Trading: Set Break Alerts on Major channels to be notified of significant, structure-shifting moves. Short-Term & Counter-Trend: Utilize the Minor Channels to identify shorter-term price swings and potential reversal points.
Pine Script® indicator
by AGProLabs
9
Smart Money Volume Tools | Lyro RSSmart Money Volume Tools | Lyro RS Overview The Smart Money Volume Tools (SMVT) is a multi-dimensional volume-based analysis suite designed to visualize the interplay between price action, moving averages, and smart money behavior. By integrating dynamic moving averages, volume normalization, and multi-timeframe intelligence, SMVT helps traders identify when institutional (smart money) or retail participants are influencing price movements — all in a single, adaptive display. Unlike traditional oscillators or trend tools, SMVT dynamically adjusts its sensitivity and thresholds based on volume z-scores and normalized momentum, revealing true intent behind price shifts rather than reacting to them. 🔹 Key Features 4 Core Analytical Modes: Trail Mode – Identifies directional bias using dynamic volume-weighted trails based on adaptive ATR multipliers. Volume Mode – Displays normalized volume strength vs. price trend, highlighting volume-driven expansions. Smart Money Volume Mode – Detects institutional buying/selling spikes from lower timeframes using volume z-score outliers. Retail Money Volume Mode – Contrasts retail-driven impulses to visualize crowd behavior and exhaustion points. Dynamic Volume Normalization: Converts volume impulses into a 0–100 range using a sigmoid function for smoother interpretation. Multi-Timeframe Intelligence: Automatically reads lower timeframe volume data to distinguish smart vs. retail activity. Adaptive Color Systems: Multiple palette modes ( Classic , Mystic , Accented , Royal ) or full custom color control. Signal Table Overlay: Built-in real-time module summary showing status for Trail , Volume , Smart Money , and Retail Money — right on your chart. 🔹 How It Works Volume Strength Calculation: Calculates relative volume strength using a moving average baseline, then normalizes the result via a sigmoid function — mapping activity into a clean 0–100 range. Smart Money Detection: Scans lower timeframe data for extreme volume z-scores ( z > 2 ) to pinpoint institutional accumulation or distribution zones. Trail Logic: Uses adaptive upper and lower trails based on ATR and volume intensity to track volatility-adjusted trend direction. Color Logic: Trail, candle, and fill colors change dynamically according to the active signal type and selected palette — making directional bias instantly visible. 🔹 Practical Use Swing Confirmation (Trail Mode): Confirms sustained bullish or bearish momentum supported by volume, ideal for trailing positions and managing exits. Volume Expansion (Volume Mode): Highlights key moments when institutional liquidity pushes price before visible breakout confirmation. Smart vs. Retail Divergence: Identify conflicts between retail activity and smart money to detect exhaustion or reversal points early. Table Overlay Utility: Instantly see all active signals across modules in one compact, on-chart interface. 🔹 Customization Custom color palettes or manual bullish/bearish color selection. Adjustable EMA lengths and Volume SMA period . Selectable lower timeframe source for Smart Money analysis. Flexible table position & size controls — choose between Top, Middle, Bottom and Tiny to Huge. Switch freely between Trail , Volume , Smart Money , and Retail Money modes. Credits Thank you to @AlgoAlpha for the smart money and retail activity source code. ⚠️Disclaimer This indicator is a tool for technical analysis and does not provide guaranteed results. It should be used in conjunction with other analysis methods and proper risk management practices. The creators of this indicator are not responsible for any financial decisions made based on its signals.
Pine Script® indicator
by LyroRS
4
Pivots High Low Live DetectionPivots High Low Live Detection Identifies and visualizes swing highs and lows on the chart in real time. Helps to observe evolving market structure by connecting confirmed or developing pivot points with lines and labels. Using a configurable lookback, minimum deviation, and confirmation bar system, the indicator highlights new Higher Highs (HH), Higher Lows (HL), Lower Highs (LH), and Lower Lows (LL) as they form. When “Live (repainting)” mode is enabled, the current swing leg updates dynamically with each candle, giving immediate feedback as price develops. When disabled, only confirmed pivots are plotted, ideal for historical validation and backtesting. + Key Features Detects and labels major swing points (HH, HL, LH, LL). Works in live or confirmed (non-repainting) mode. Adjustable parameters for lookback, deviation (in ticks), and confirmation bars. Lightweight and compatible with any timeframe or symbol. Includes runtime alerts for new structural pivots and direction shifts. + How to Use Adjust the inputs under the “Pivots” group to control sensitivity. Enable “Live (repainting)” to see developing swing legs, or disable it for confirmed structure only. Use alerts to track structural changes or potential trend reversals.
Pine Script® indicator
by AGreatEscape
3
Volatility Resonance CandlesVolatility Resonance Candles visualize the dynamic interaction between price acceleration, volatility, and volume energy.
They’re designed to reveal moments when volatility expansion and directional momentum resonate — often preceding strong directional moves or reversals. 🔬 Concept Traditional candles display direction and range, but they miss the energetic structure of volatility itself.
This indicator introduces a resonance model, where ATR ratio, price acceleration, and volume intensity combine to form a composite signal. * ATR Resonance: compares short-term vs. long-term volatility * Acceleration: captures the rate of price change * Volume Energy: reinforces the move’s significance When these components align, the candle color “resonates” — brighter, more intense candles signal stronger volatility–momentum coupling. ⚙️ Features * Adaptive Scaling
Normalizes energy intensity dynamically across a user-defined lookback period, ensuring consistency in changing market conditions. * Power-Law Transformation
Optional non-linear scaling (gamma) emphasizes higher-energy events while keeping low-intensity noise visually subdued. * Divergence Mode
When enabled, colors can invert to highlight energy divergence from candle direction (e.g., bearish pressure during bullish closes). * Customizable Styling
Full control over bullish/bearish base colors, transparency scaling, and threshold sensitivity. 🧠 Interpretation * Bright / High-Intensity Candles → Strong alignment of volatility and directional energy.
Often signals the resonant phase of a move — acceleration backed by volatility expansion and volume participation. * Dim / Low-Intensity Candles → Energy dispersion or consolidation.
These typically mark quiet zones, pauses, or inefficient volatility. * Opposite-Colored Candles (if divergence mode on) → Potential inflection zones or hidden stress in the trend structure. ⚠️ Disclaimer This script is for educational purposes only.
It does not constitute financial advice, and past performance is not indicative of future results. Always do your own research and test strategies before making trading decisions.
Pine Script® indicator
by BreakoutBarbie
VWMA Series (Dynamic) mtf - Dual Gradient Colored"VWMA Series (Dynamic) mtf - Dual Gradient Colored" is a multi-timeframe (MTF) Volume-Weighted Moving Average (VWMA) ribbon indicator that plots up to 60 sequential VWMAs with arithmetic progression periods (e.g., 1, 4, 7, 10…). Each VWMA line is dual-gradient colored: Base hue = Greenish (#2dd204) if close > VWMA (bullish), Magenta (#ff00c8) if close < VWMA (bearish) Brightness gradient = fades from base → white as period increases (short → long-term) Uses daily resolution by default (timeframe="D"), making it ideal for higher-timeframe trend filtering on lower charts.Key FeaturesFeature Description Dynamic Periods Start + i × Increment → e.g., 1, 4, 7, 10… up to 60 terms Dual Coloring Bull/Bear + Gradient (short = vivid, long = pale) MTF Ready Plots daily VWMAs on any lower timeframe (1H, 15M, etc.) No Lag on Long Sets Predefined "best setups" eliminate repainting/lag Transparency Control Adjustable line opacity for clean visuals Scalable Up to 60 VWMAs (max iterations) Recommended Setups (No Lag)Type Example Sequence (Start, Inc, Iter) Long-Term Trend 1, 3, 30 → 1, 4, 7 … 88 93, 3, 30 → 93, 96 … 180 372, 6, 30 → 372, 378 … 546 Short-Term Momentum 1, 1, 30 → 1, 2, 3 … 30 94, 2, 30 → 94, 96 … 152 1272, 5, 30 → 1272, 1277 … 1417 Key Use CasesUse Case How to Use 1. Multi-Timeframe Trend Alignment On 1H chart, use 1, 3, 30 daily VWMAs → price above all green lines = strong uptrend 2. Dynamic Support/Resistance Cluster of long-term pale VWMAs = major S/R zone 3. Early Trend Change Detection Short-term vivid lines flip from red → green before longer ones = early bullish signal 4. Ribbon Compression/Expansion Tight bundle → consolidation; fanning out → trend acceleration 5. Mean Reversion Entries Price far from long-term VWMA cluster + short-term reversal = pullback trade 6. Volume-Weighted Fair Value Long-period VWMAs reflect true average price paid over weeks/months Visual Summary Price ↑ ████ ← Short VWMA (vivid green = close > VWMA) ███ ██ █ . . . fading to white █ ██ ███ ████ ← Long VWMA (pale = institutional average) Green lines = price above VWMA (bullish bias) Magenta lines = price below VWMA (bearish bias) Gradient = shorter (left) → brighter; longer (right) → whiter Ribbon thickness = trend strength (wide = strong, narrow = weak) Best For Swing traders using daily trend on intraday charts Volume-based strategies (VWMA > SMA) Clean, colorful trend visualization without clutter Institutional fair value anchoring via long-period VWMAs Pro Tip: Use Start=1, Increment=3, Iterations=30 on a 4H chart with timeframe="D" → perfect daily trend filter with zero lag and beautiful gradient flow.
Pine Script® indicator
by surfchaser
Murrey Math SMA up to 32s Murrey Math SMA up to 32s is a highly advanced Pine Script v5 indicator that combines Murrey Math Lines (MML) with a customizable moving average (MA) — including a non-repainting Rolling VWAP (RVWAP) — and dynamic color-coded support/resistance bands up to 1/32 subdivisions. It projects octave-based geometric price levels (like Gann) centered on your chosen MA, with adaptive scaling, angle-based trend coloring, and absolute/extended MML bands. Includes 1/8, 1/16, and 1/32 grid lines, shaded zones, labels, and a live increment display.Core FeaturesFeature Description MA Types SMA, VWMA, VWAP, Period VWAP, RVWAP (rolling VWAP over fixed or adaptive time window) Murrey Math Grid Auto-scaled 0/8 to 8/8 + extensions (±3/8), with 1/16 & 1/32 subdivisions Dynamic Coloring Bands colored by MA slope angle (bullish/bearish) or absolute MML shift RVWAP Engine Non-repainting volume-weighted average over user-defined or adaptive time steps Wick Filtering Optional ignore wicks for cleaner MML framing Resolution Support Works with higher timeframe data via request.security() Key Use Cases Use Case How to Use 1. Precision Support & Resistance Treat 4/8 (mid) as pivot, 0/8 & 8/8 as extremes. Price often reverses or accelerates at these levels. 2. Mean Reversion Trades Buy near 0/8–1/8 (oversold), sell near 7/8–8/8 (overbought) when MA is flat or sloping mildly. 3. Trend Continuation When MA angle > threshold and price breaks 5/8, expect move to 8/8. Confirm with volume. 4. Breakout Entries Watch for close beyond 8/8 or 0/8 + MA angle steep → strong momentum breakout. 5. Scalping with 1/32 Grid Use 1/32 lines as micro-targets in ranging markets or after news spikes. 6. Volume-Weighted Fair Value RVWAP = true average price paid over time → anchor for institutional fair value. Visual Layout (MA-Centered) +3/8 ───┐ +2/8 ───┤ ← Strong resistance +1/8 ───┤ 8/8 ███┤ ← Overbought (red zone) 7/8 ───┤ 6/8 ███┤ 5/8 ───┤ 4/8 ███┤ ← Midline (pivot) 3/8 ───┤ 2/8 ███┤ 1/8 ───┤ 0/8 ███┤ ← Oversold (green zone) -1/8 ───┤ -2/8 ───┤ -3/8 ───┘ Shaded: 0/8–1/8 (buy), 7/8–8/8 (sell), 3/8–5/8 (neutral/consolidation) MA Line: Orange (RVWAP) or hidden Labels: Bottom, 1/4, Mid, 3/4, Top (offset to the right) Table: Shows current Increment size Best For Swing & scalp traders on stocks, forex, crypto Volume-based strategies (RVWAP shines in high-volume moves) Gann/Murrey Math enthusiasts wanting automation + modern MA anchoring
Pine Script® indicator
by surfchaser
VMMA Ribbon + Q1/Q3 Echo Rayssimulates a series of vwma lines in a wave. Basically puts them in an array and calculates highest lowest values among other things ... The VMMA Ribbon + Q1/Q3 Echo Rays is a Pine Script v5 indicator that combines a dynamic Volume-Weighted Moving Average (VWMA) ribbon with interactive support/resistance "echo rays" based on the ribbon’s inner quartiles (Q1 and Q3). The ribbon is built from multiple VWMAs of increasing lengths, forming a band with an upper edge, lower edge, midline, and Q1/Q3 lines (representing the 25th and 75th percentiles of the band). Edges are colored by slope (bullish = green, bearish = red) or use a default color. Echo rays extend horizontally from recent swing lows in Q1 and swing highs in Q3, acting as dynamic support/resistance levels that "echo" past extremes until broken or surpassed. Key Use CasesUse Case Description 1. Trend Strength & Direction Ribbon expansion = volatility; compression = consolidation. Slope-colored edges show momentum shifts early. 2. Dynamic Support & Resistance Q1/Q3 echo rays mark high-probability reversal zones. Price respecting rays = continuation; break = reversal. 3. Mean Reversion Entries Buy near Q1 ray in uptrend (oversold within band); sell near Q3 ray in downtrend. 4. Breakout Confirmation Price breaking upper/lower edge + Q3/Q1 ray termination confirms strong breakout. 5. Volume-Weighted Context Uses VWMA → more reactive to volume spikes than SMA → better for stocks/crypto with sudden volume surges.
Pine Script® indicator
by surfchaser
US/SPY- Financial Regime Index Swing Strategy Credits: concept inspired by EdgeTools Bloomberg Financial Conditions Index (Proxy) Improvements: eight component basket, inverse volatility weights, winsorization option( statistical technique used to limit the influence of outliers in a dataset by replacing extreme values with less extreme ones, rather than removing them entirely), slope and price gates, exit guards, table and gradients. Summary in one paragraph A macro regime swing strategy for index ETFs, futures, FX majors, and large cap equities on daily calculation with optional lower time execution. It acts only when a composite Financial Conditions proxy plus slope and an optional price filter align. Originality comes from an eight component macro basket with inverse volatility weights and winsorized return z scores that produce a portable yardstick. Scope and intent Markets: SPY and peers, ES futures, ACWI, liquid FX majors, BTC, large cap equities. Timeframes: calculation daily by default, trade on any chart. Default demo: SPY on Daily. Purpose: convert broad financial conditions into clear swing bias and exits. Originality and usefulness Unique fusion: return z scores for eight liquid proxies with inverse volatility weighting and optional winsorization, then slope and price gates. Failure mode addressed: false starts in chop and early shorts during easy liquidity. Testability: all knobs are inputs and the table shows components and weights. Portable yardstick: z scores center at zero so thresholds transfer across symbols. Method overview in plain language Base measures Return basis: natural log return over a configurable window, standardized to a z score. Winsorization optional to cap extremes. Components EQ US and EQ GLB measure equity tone. CREDIT uses LQD over HYG. Higher credit quality outperformance is risk off so sign is flipped after z score. RATES2Y uses two year yield, sign flipped. SLOPE uses ten minus two year yield spread. USD uses DXY, sign flipped. VOL uses VIX, sign flipped. LIQ uses BIL over SPY, sign flipped. Each component is smoothed by the composite EMA. Fusion rule Weighted sum where weights are equal or inverse volatility with exponent gamma, normalized to percent so they sum to one. Signal rule Long when composite crosses up the long threshold and its slope is positive and price is above the SMA filter, or when composite is above the configured always long floor. Short when composite crosses down the short threshold and its slope is negative and price is below the SMA filter. Long exit on cross down of the long exit line or on a fresh short signal. Short exit on cross up of the short exit line or on a fresh long signal, or when composite falls below the force short exit guard. What you will see on the chart Markers on suggestion bars: L for long, S for short, LX and SX for exits. Reference lines at zero and soft regime bands at plus one and minus one. Optional background gradient by regime intensity. Compact table with component z, weight percent, and composite readout. Table fields and quick reading guide Component: EQ US, EQ GLB, CREDIT, RATES2Y, SLOPE, USD, VOL, LIQ. Z: current standardized value, green for positive risk tone where applicable. Weight: contribution percent after normalization. Composite: current index value. Reading tip: a broadly green Z column with slope positive often precedes better long context. Inputs with guidance Setup Calc timeframe: default Daily. Leave blank to inherit chart. Lookback: 50 to 1500. Larger length stabilizes regimes and delays turns. EMA smoothing: 1 to 200. Higher smooths noise and delays signals. Normalization Winsorize z at ±3: caps extremes to reduce one off shocks. Return window for equities: 5 to 260. Shorter reacts faster. Weighting Weight lookback: 20 to 520. Weight mode: Equal or InvVol. InvVol exponent gamma: 0.1 to 3. Higher compresses noisy components more. Signals Trade side: Long Short or Both. Entry threshold long and short: portable z thresholds. Exit line long and short: soft exits that give back less. Slope lookback bars: 1 to 20. Always long floor bfci ≥ X: macro easy mode keep long. Force short exit when bfci < Y: macro stress guard. Confirm Use price trend filter and Price SMA length. View Glow line and Show component table. Symbols SPY ACWI HYG LQD VIX DXY US02Y US10Y BIL are defaults and can be changed. Realism and responsible publication No performance claims. Past is not future. Shapes can move intrabar and settle on close. Execution is on standard candles only. Honest limitations and failure modes Major economic releases and illiquid sessions can break assumptions. Very quiet regimes reduce contrast. Use longer windows or higher thresholds. Component proxies are ETFs and indexes and cannot match a proprietary FCI exactly. Strategy notice Orders are simulated on standard candles. All security calls use lookahead off. Nonstandard chart types are not supported for strategies. Entries and exits Long rule: bfci cross above long threshold with positive slope and optional price filter OR bfci above the always long floor. Short rule: bfci cross below short threshold with negative slope and optional price filter. Exit rules: long exit on bfci cross below long exit or on a short signal. Short exit on bfci cross above short exit or on a long signal or on force close guard. Position sizing Percent of equity by default. Keep target risk per trade low. One percent is a sensible starting point. For this example we used 3% of the total capital Commisions We used a 0.05% comission and 5 tick slippage Legal Education and research only. Not investment advice. Test in simulation first. Use realistic costs.
Pine Script® strategy
by exlux
Rolling Pivot RibbonRolling Pivot Ribbon This indicator displays historical and developing pivot levels across multiple days, creating a dynamic "ribbon" effect as pivots roll forward through time. DESIGNED FOR: Intraday timeframes (≤1D). Shows warning on higher timeframes. USE CASE: Identify key support/resistance levels, track pivot evolution, and spot price interaction zones with enhanced visual clarity. WHY? There comes a time in every Pinescript developer's evolution, they feel compelled to write a script that draws many lines, possibly triangles, into the future. This is mine. It's both totally useless, and a constant source of comfort to me. KEY FEATURES: • Multiple pivot calculation methods (Classic, Camarilla) • Historical pivot tracking with configurable lookback period (default 4 days) • Real-time "developing" pivots that update intraday based on current day's HLC • Gradient fills between adjacent pivot levels for visual depth • 13 pivot levels: PP, R1-R6, S1-S6 TASTY MODE (Advanced): • Intelligent filtering: only shows lines that price has recently intersected • Dynamic transparency: opacity adjusts based on intersection frequency • Auto-cleanup: removes stale lines that haven't been touched in X days • Smart extensions: lines that see more action project further into the future • Focus mode options to reduce chart clutter VISUAL CONTROLS: • Toggle individual pivot levels on/off • Customizable colors and transparency for lines and fills • Flexible label positioning (left-align or right-align) • Adjustable projection length for pivot lines (defaults to 1. Set to 0 for just a ribbon)
Pine Script® indicator
by chodberry