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Trend Analysis

APLAPL (Adaptive Power Line) is an adaptive trend channel indicator based on the energy distribution within a price range. It utilizes the highest and lowest prices over a specific period, constructing three core structures through a combination of different exponential weights: the upper band (In Up), the lower band (In Dn), and the middle band (Mid). Unlike traditional channels, APL does not directly use linear averages but instead employs a power-weighted approach, allowing it to more accurately reflect the strength of price movements within a range. The upper band emphasizes the weight of the highest price, more closely reflecting upward price momentum; the lower band emphasizes the weight of the lowest price, used to depict downward pressure; and the middle band, as the geometric median, reflects the equilibrium point and true center of the price range. This structure maintains smoothness while quickly adapting to fluctuations. The three structural lines of APL can be used to identify trend direction, determine support and resistance levels, and observe the degree of price deviation within the range. When the price approaches or breaks through the upper band, it signifies increased upward momentum; approaching the lower band reflects dominant downward momentum; and fluctuations around the middle band indicate a balanced oscillation within the range. APL is simple yet effective, and is a highly applicable auxiliary tool for locating trend rhythms and range energy.
Pine Script® indicator
by TYQUANT
3-Daumen-RegelThis indicator evaluates three key market conditions and summarizes them in a compact table using simple thumbs-up / thumbs-down signals. It’s designed specifically for daily timeframes and helps you quickly assess whether a market is showing technical strength or weakness. The Three Checks Price Above the 200-Day SMA Indicates the long-term trend direction. A thumbs-up means the price is trading above the 200-day moving average. Positive Performance During the First 5 Trading Days of the Year (YTD Start) Measures early-year strength. If not enough bars are available, a warning is shown. Price Above the YTD Level Compares the current price to the first trading day’s close of the year. Color Coding for Instant Clarity Green: Condition met Red: Condition not met This creates a compact “thumbs check” that gives you a quick read on the market’s technical health. Note The indicator is intended for daily charts. A message appears if a different timeframe is used.
Pine Script® indicator
by Yazici-Investment-Management
US Sessions R4D1🇬🇧 English US Sessions R4D1 - Market Session Highlighter Visualize US market sessions directly on your chart with beautiful color overlays and an interactive dashboard. 🎯 FEATURES: - Automatic session detection based on New York time - Color-coded background for each session - Session start labels with customizable size - Real-time dashboard showing current session status - Fully customizable colors and settings 📊 SESSIONS: - 🌙 Premarket: 4:00-9:30 NY - 🔔 US Open: 9:30-11:30 NY (Power Hour!) - 🍔 Lunch: 11:30-13:30 NY (Low Volume) - 📈 Afternoon: 13:30-16:00 NY - 🌃 After Hours: 16:00-20:00 NY ⚙️ SETTINGS: - Toggle each session on/off - Customize all colors - Label size: tiny to huge - Dashboard position: any corner - Show/hide labels and dashboard Perfect for day traders who want to track market sessions at a glance. Know exactly when the US market opens, when volume typically drops during lunch, and when the afternoon push begins. Works on all timeframes and instruments.
Pine Script® indicator
by AL_R4D1
GENESIS DHANUS A clean, non-repainting trend-following signal indicator. Buy signals appear when: • Fast EMA (9) crosses above Slow EMA (21) • RSI > 50 (bullish momentum) • Previous bar volume > 1.5× 20-period average • Price is above the current Heikin-Ashi "trend level" Sell signals use the exact opposite conditions. All conditions use confirmed data only (no future leak, no repainting). Perfect for swing trading and alert setups on any timeframe. Features: - Large clear arrows with text - Optional light background coloring - Precise alert conditions - EMA lines can be toggled 100% Pine Script v5 – open source and free.
Pine Script® indicator
by Rappleh
SuperTrend Oscillator [ChartPrime]⯁ OVERVIEW The SuperTrend Oscillator is a hybrid momentum–trend indicator that transforms the classic SuperTrend into a full-strength oscillator. Instead of simply plotting SuperTrend direction on the chart, this tool measures the distance between price and SuperTrend, normalizes it by volatility, and converts it into a dynamic oscillator that highlights trend strength, momentum extremes, and high-precision reversal points. ⯁ CONCEPTS SuperTrend Engine: The indicator extracts the SuperTrend baseline and direction using ATR-based volatility. This acts as the core structure from which the oscillator is built. Volatility-Adjusted Oscillation: (close − SuperTrend) is divided by ATR to standardize momentum across all markets and timeframes. Adaptive Oscillator Types: The signal can be transformed using HMA, EMA, or SMA smoothing for varying responsiveness. Momentum Extremes: Values above +1.7 or below −1.7 signal stretched price conditions where reversals are more likely. Reversal Logic: The oscillator compares its current value with its value three bars ago. Large positive or negative pivots indicate momentum shifts. ⯁ FEATURES Trend-Colored SuperTrend Line The SuperTrend line shifts color based on direction, giving immediate context for oscillator readings. Full Oscillator Transformation Converts price–SuperTrend distance into a normalized oscillator, showing when momentum is expanding, contracting, or reaching exhaustion. Gradient Momentum Coloring The oscillator line and candles are colored using a two-sided gradient: • Red tones for bearish momentum • Orange/cream tones for bullish momentum • Gray tones for low momentum This makes strength visually intuitive. Extreme Zones (±1.7 Bands) Built-in upper and lower thresholds highlight zones where price is statistically overextended. Dual Fill Layers The area above/below zero is filled in different colors to emphasize bullish or bearish oscillator regime. Reversal Diamonds The script highlights significant reversals when: • Momentum shifts downward from high values (bearish pivot) • Momentum shifts upward from deep lows (bullish pivot) These diamonds help pinpoint exhaustion-based turning points. ⯁ HOW TO USE Identify Trend Strength: A rising oscillator above 0 confirms bullish SuperTrend conditions; falling below 0 confirms bearish ones. Spot Momentum Extremes: Readings above +1.7 or below −1.7 often signal overextended price moves. Use Reversal Diamonds as Pivot Alerts: Diamond markers indicate high-probability turning points when momentum sharply reverses from extreme zones. Confirm Trend Shifts with Color Changes: Candle and oscillator colors shift based on momentum direction, providing clean visual alignment with SuperTrend direction. Combine with Structure or OB Zones: Reversal signals become more reliable when they occur at key S/R, order blocks, or liquidity sweeps. ⯁ CONCLUSION The SuperTrend Oscillator modernizes the SuperTrend by transforming it into a volatility-aware oscillator with clear reversal markers, trend coloring, and momentum normalization. This tool is ideal for traders who want both trend context and precise timing signals, blending SuperTrend’s reliability with the dynamics of a professional-grade momentum oscillator.
Pine Script® indicator
by ChartPrime
4
Psychologische LevelPSYCHOLOGICAL LEVELS INDICATOR FOR FOREX This professional indicator automatically visualizes all important psychological price levels on Forex charts. Psychological levels are price zones where traders frequently react, as humans tend to gravitate toward round numbers. MAIN FEATURES: Automatic Level Detection: The indicator calculates and draws all relevant psychological levels based on the current currency pair Visual Zones: Each level is displayed with a solid center line and a colored zone Forex-Optimized: Automatically accounts for JPY pairs (0.01 pip) and standard pairs (0.0001 pip) Fully Customizable: Colors, zone width, and line thickness can be individually adjusted LEVEL TYPES: 00/000 Levels (e.g., 1.1000, 1.1100, 1.2000) The most important psychological barriers Traders frequently place stop-loss and take-profit orders at these levels Strong support and resistance zones 50 Levels (e.g., 1.1050, 1.1150, 1.2050) Secondary psychological levels Located exactly midway between 00-levels Important intermediate zones for profit-taking 25/75 Levels (e.g., 1.1025, 1.1075, 1.2025) Optional activation for more detailed analysis Quartile levels for more precise zones Useful for scalping and short-term strategies CONFIGURATION OPTIONS: Zone Width in Pips: Determines the width of the colored zone around the center line (Default: 5 pips) Zone Color: Fill color of the psychological zones (adjustable transparency) Line Color: Color of the solid center lines Line Width: Thickness of the center lines (1-5 pixels) Level Selection: Individual selection of which level types to display TRADING APPLICATIONS: ✓ Identification of potential support and resistance zones ✓ Placement of stop-loss and take-profit orders ✓ Recognition of price rejection zones ✓ Support for breakout strategies ✓ Enhanced risk management ✓ Optimization of entry and exit points SPECIAL FEATURES: Levels extend across the entire chart (extend.both) Automatic adjustment to all Forex pairs Optimized performance through intelligent calculation Clean design without cluttered chart display Compatible with all timeframes SUITABLE FOR: This indicator is suitable for day traders, swing traders, scalpers, and long-term Forex investors who want to incorporate psychological price levels into their trading strategy.
Pine Script® indicator
by Nickpalm
Smart Donchian Channel Hariss 3691. The Donchian Channel is a trend-following indicator. It’s primarily used to identify volatility, breakouts, and price trends. The channel is composed of three lines: Upper Band: The highest high over a specified period (e.g., 20 bars). Lower Band: The lowest low over the same period. Middle Line (optional): The average of the upper and lower bands. 2. How the Donchian Channel Detects Price Momentum The Donchian Channel is based on price extremes, which inherently reflects momentum and market sentiments. Price Above Midline / Upper Band: Indicates strong bullish momentum. Buyers are dominating, pushing price toward new highs. Price Below Midline / Lower Band: Indicates strong bearish momentum. Sellers are in control, pushing price toward new lows. Price Touching the Bands: Upper band breakout: A potential continuation of an uptrend or trend initiation. Lower band breakout: A potential continuation of a downtrend or trend initiation. Bounce from the bands: Signals potential reversals or retracements. Essentially, the Donchian Channel acts as a dynamic support and resistance level. 3. Interpreting Market Conditions Trending Markets: Price moves along or breaks out from the upper/lower band. Donchian Channel expands as volatility increases. Breakouts from the channel often indicate continuation of the trend. Sideways/Range-Bound Markets: Price oscillates between upper and lower bands. Channel width narrows. Bounces from upper/lower bands may produce false signals unless filtered by volume or trend indicators. 4. Trading Applications Breakout Strategy: Buy when price closes above the upper band. Sell when price closes below the lower band. Useful for trend-following systems. Reversal/Bounce Strategy: Buy when price bounces from the lower band. Sell when price rejects the upper band. How this indicator has been designed to reduce false signals: Buy signal fires when price bounces from the lower band with high volume (1.5), bullish RSI and DMI/ADX. Sell signal fires when price reverses from upper band with high volume (1.5) with bearish RSI and DMI/ADX. One can change the RSI and RVOL setting according to trading style and class assets being traded. Trading With this Indicator: Buy when the signal is fired to buy, place Stop Loss just below the low of last candle and take profit @1.5 or 2 times of stop loss. Sell when the signal is fired to sell, place stop loss just above the high of the last candle and take profit @1.5 or 2 times of stop loss. It is to note that, this indicator is a trend following indicator, so be with the trend will avoid missing out trend following levels or early exit.
Pine Script® indicator
by Hariss369
INMERESHINMERESH (INTRADAY MEAN REVERSION SHORT) – First 5-Minute EMA Breakdown Highlight This indicator is designed to highlight bearish candles on the 5-minute chart that close below the 5-minute 6 EMA, providing a clear visual representation of the first EMA breakdown after short-term bullish activity. Key Features: Highlights the first bearish candle that closes below the 5-minute 6 EMA after prior conditions are met. Only triggers after sufficient prior closes above the 5-minute 6 EMA, helping to visually potentially identify the transition from short-term bullish to bearish momentum. Incorporates MACD (6, 20, 9) prior bearish check — the signal occurs only if the MACD was bearish in prior bars, giving context to the breakdown. Candle filtering based on body characteristics: Weak bearish closes are prioritized, based on body size relative to the total candle range. Close position within the candle range is considered to focus on meaningful bearish closes. Highlights only the first breakdown candle after the conditions are met, preventing repeated signals during ongoing downtrends. Visual customization: background color highlights the signal candle for easy identification. Inputs / Configurable Options: EMA length for 5-minute chart Number of bars to check for prior closes above EMA Minimum prior closes above EMA required Lookback bars for prior MACD bearish condition Candle body filtering thresholds Option to show or hide background highlight Use case: This tool is primarily a visual aid for analyzing 5-minute price action relative to short-term EMA and MACD conditions, emphasizing the initial bearish shift after short-term bullish activity.
Pine Script® indicator
by JackCorsellis
1
Manual Pivot Plotter//================================================================================ //📌 Manual Pivot Plotter (P, R1–R3, S1–S3) //📈 Pine Script v6 // //This script allows the user to manually input Pivot levels (P), Resistance levels //(R1, R2, R3), and Support levels (S1, S2, S3). Each line starts at the beginning //of the new trading day (detected at 00:00 UTC+8) and extends only a limited //distance into the future (default: 3 bars). // //Features: //✔ Manual pivot, support, and resistance level inputs //✔ Lines refresh automatically at each new day (00:00 UTC+8) //✔ Lines extend only a few bars ahead (not full chart) //✔ Clean label placement slightly below line and near line end //✔ No repainting, memory-safe line handling //✔ Smooth intraday updates when values are edited // //This tool is ideal for traders who manually calculate or import pivot levels and //prefer clean, minimal, non-intrusive visual levels on the chart. //================================================================================
Pine Script® indicator
by Raj7rader
Pure FVG [Textbook]1. The Core Concept This is not a standard "show all gaps" indicator. It is a specific entry signal generator based on Smart Money Concepts (SMC). It focuses on Consequent Encroachment (The 50% Level). The underlying principle is that a Fair Value Gap (FVG) represents a market inefficiency where opposing traders are trapped. When price retraces at least 50% back into this gap, it creates pressure as these trapped positions look to exit—either through stop-losses or position reversal. This makes the gap most likely to act as a reversal zone. 2. How It Works (The Lifecycle) The indicator logic follows a strict sequence of events. A signal is generated only if all conditions are met in order: -- Phase 1: Identification (The Fresh Gap) The script scans for the classic 3-candle FVG pattern (where the 1st and 3rd candles do not overlap). Visual: It draws a box (Green for Bullish, Red for Bearish) extending to the right. The 50% Line: A dashed line is drawn through the center of the gap. -- Phase 2: Mitigation (The Gray Zone) This is the critical filter. The indicator waits for a candle to CLOSE past the 50% dashed line. Once this happens, the gap is considered "Deeply Mitigated." Visual: The box changes color to Gray. This tells the trader: "Price is deep in the zone, watch for a reaction." -- Phase 3: The Signal (Rejection) Once the box is Gray, the script watches for a "Rejection Candle." Bullish Scenario: Price is deep in the gap (Gray). The script waits for a candle to close higher than it opened (a green candle). Bearish Scenario: Price is deep in the gap (Gray). The script waits for a candle to close lower than it opened (a red candle). Visual: A Triangle Label (▲ or ▼) appears, signaling an entry. -- Phase 4: Invalidation If the price closes completely past the far edge of the box (the Stop Loss level), the box is deleted immediately. 3. Key Options These are the most important settings for the user: -- Min Gap Size (%): Filters out "noise." It ensures the script ignores tiny, insignificant gaps that are less than X% in height. -- Max Visible Gaps: Keeps your chart clean. It limits how many open boxes can be on the screen at once (e.g., only show the last 3 unclosed gaps). -- Show Signal History Only: Feature Highlight: When enabled, this hides all the "noise" of open or failed gaps. It only draws the boxes that successfully produced a Rejection Signal in the past.
Pine Script® indicator
by siLve_R88
Weighted KDE Mode🙏🏻 The ‘ultimate’ typical value estimator, for the highest computational cost @ time complexity O(n^2). I am not afraid to say: this is the last resort BFG9000 you can ‘ever’ get to make dem market demons kneel before y’all Quickguide pls read it, you won’t find it anywhere else in open access When to use: If current market activity is so crazy || things on your charts are really so bad (contaminated data && (data has very heavy tails || very pronounced peak)), the only option left is to use the peak (mode) of Kernel Density Estimate , instead of median not even mentioning mean. So when WMA won’t help, when WPNR won’t help, you need this thing. Setting it up: Interval: choose what u need, you can use usual moving windows, but I also added yearly and session anchors alike in old VWAP (always prefer 24h instead of Session if your plan allows). Other options like cumulative window are also there. Parameters: this script ain't no joke, it needs time to make calculations, so I added a setting to calculate only for the last N bars (when “starting at bar N” is put on 0). If it’s not zero it acts as a starting point after which the calculations happen (useful for backtesting). Other parameters keep em as they are, keep student5 kernel , turn off appropriate weights if u apply it to other than chart data, on other studies etc. But instead of listening to me just experiment with parameters and see what they change, would take 5 mins max Been always saying that VWAP is ish, not time-aware etc, volume info is incorporated in a lil bit wrong way… So I decided not just to fix VWAP (you can do it yourself in 5 mins), but instead to drop there the Ultimate xD typical value estimator that is ever possible to do. Time aware, volume / inferred volume aware, resistant to all kinds of BS. This is your shieldwall. How it works: You can easily do a weighted kernel density estimation, in our case including temporal and intensity information while accumulating densities. Here are some details worth mentioning about the thing: Kernels are raw (not unit variance), that’s easier to work with later. h_constants for each kernel were calculated ^^ given that ^^ with python mpmath module with high decimal precision. In bandwidth calculation instead of using empirical standard deviation as a scaler, I use... ta.range(src, len) / math.sqrt(12) ...that takes data range and converts it to standard deviation, assuming data is uniformly distributed. That’s exactly what we need: a scaler that is coherent with the KDE, that has nothing to do with stdevs, as the kernels except for gaussian ones (that we don’t even need to use). More importantly, if u take multiple windows and see over time which distro they approach on the long term, that would be the uniform one (not the normal one as many think). Sometimes windows are multimodal, sometimes Laplace like etc, so in general all together they are uniform ish. The one and only kernel you really need is Student t with v = 5 , for the use case I highlighted in the first part of the post for TV users. It’s as far as u can get until ish becomes crazy like undefined variance etc. It has the highest kurtosis = 9 of all distros, perfect for the real use case I mentioned. Otherwise, you don’t even need KDE 4 real, but still I included other senseful kernels for comparison or in case I am trippin there. Btw, don’t believe in all that hype about Epanechnikov kernel which in essence is made from beta distribution with alpha = beta = 2, idk why folk call it with that weird name, it’s beta2 kernel. Yes on papers it really minimises AMISE (that’s how I calculated h constants for all dem kernels in the script), but for really crazy data (proper use case for us), it ain't provides even ‘closely’ compared with student5 kernel. Not much else to add. Shout out to @RicardoSantos for inspiration, I saw your KDE script a long time ago brotha, finna got my hands on it. ∞
Pine Script® indicator
by gorx1
2
Diff Price (Future - Spot)Diff Line (Future – Spot) plots a grid of spot-price levels derived from the current futures price. It rounds the current futures price up to the nearest price block (e.g. every 25 points), then subtracts a user‑defined Diff (Future – Spot) to find the main spot level and draws that as the central line. Additional lines are plotted above and below at equal block distances, with labels showing both Future and Spot values (e.g. 4250 (4215)), plus a compact diff info box for quick reference.
Pine Script® indicator
by Lhonglengboii
Regime Filter [BigBeluga]🔵 OVERVIEW Regime Filter is a dual-factor trend condition tool combining price trend momentum and volume expansion into a single, easy-to-read visual framework. It quantifies recent trend direction and volume shifts, then shows them as: Two oscillator plots for Trend and Volume regimes Dynamic candle coloring for trend clarity A quadrant scatter map in your chart corner for immediate regime recognition. This filter helps traders quickly detect when a trend is healthy & confirmed by strong volume, or weakening & vulnerable due to low volume. 🔵 CONCEPTS Trend Oscillator: A loop-based trend value calculated by comparing the current smoothed price (HMA of HLC3) against its own trailing history. Positive values indicate trend-up regimes, negative values signal trend-down phases. Volume Oscillator: Similar loop logic but on smoothed volume (HMA of Volume) — highlighting whether trading activity is expanding or contracting relative to past bars. hma = ta.hma(hlc3, 15) vol = ta.hma(volume, 15) for i = 0 to len if hma > hma trend += 1 else trend -= 1 for i = 0 to len if vol > vol voltrend += 1 else voltrend -= 1 Regime Map Scatter Plot: A unique 2D quadrant displayed in the bottom-right corner. This shows where the market is sitting: > Top Right (green): Trend ↑ and Volume ↑ → strong confirmed up trend. > Top Left (red): Trend ↓ but Volume ↑ → strong sell momentum. > Bottom Right (blue): Trend ↑ but Volume ↓ → uptrend losing steam. > Bottom Left (yellow): Trend ↓ and Volume ↓ → weak bearish drift. Dynamic Candle Coloring: Candles are colored by trend only: green for uptrends, red for downtrends, and orange near reversals. Threshold Fills: The oscillator region is shaded green above +10 (healthy uptrend) and red below -10 (strong downtrend) for instant confidence. 🔵 FEATURES Normalized trend and volume values adapt automatically to your lookback length. Candlestick color overrides highlight current trend state in real-time. Clear zero-line and fill bands help you gauge strength vs. noise. Scatter regime dashboard updates live to track when trend and volume align or decouple. Color gradients show intensification or cooling in both oscillators and the regime map. 🔵 HOW TO USE Look for sustained positive trend and volume values to confirm strong directional moves. Watch for the scatter dot in the green square (top right) for high-confidence breakouts. If the dot drops to bottom right, uptrend may be tiring — possible exit zone. If the dot jumps top left, bearish drive is reinforced by heavy volume — caution on longs. Use the orange trend coloring as an early warning that trend pressure may be shifting. Combine with breakout levels or moving averages for a robust regime filter system. 🔵 CONCLUSION The Regime Filter distills price trend and volume dynamics into an actionable multi-mode display: oscillators, color-coded candles, and an intuitive scatter map. This all-in-one layout helps traders visually read market regime strength and spot fading trends before they turn — perfect for swing traders, intraday scalpers, and macro trend followers alike.
Pine Script® indicator
by BigBeluga
4
6x EMA Set (5/20/50/100/200/300)This Pine Script indicator utilizes six Exponential Moving Averages (5, 20, 50, 100, 200, and 300 EMA) to visualize market trends and support/resistance levels across multiple timeframes on a single chart. The code is highly customizable, allowing the user to input and adjust the period length and color for each EMA directly within the indicator settings. The calculation engine uses Pine Script v5's optimized ta.ema() function to compute each average based on the closing price, with the EMA formula naturally weighting recent price action more heavily. This multi-layered structure enables the trader to quickly compare short-term momentum (Fast EMAs) against long-term structural trends (Slow EMAs).
Pine Script® indicator
by mhakany
ZLSMA Cross ATR Targets - Enhanced Trading StrategyZLSMA Cross ATR Targets - Enhanced Trading Strategy 📊 Overview This indicator combines Zero-Lag Least Squares Moving Average (ZLSMA) crossover signals with ATR-based dynamic risk management to provide precise entry and exit points. Unlike standard moving average crossovers, this system uses a zero-lag implementation to reduce signal delays and incorporates multi-timeframe analysis for improved accuracy. 🎯 What Makes This Script Unique 1. Zero-Lag LSMA Implementation: Uses a dual-smoothing technique: 2 * SMA(price, length) - SMA(SMA(price, length), length) This eliminates the typical lag found in standard moving averages Provides faster reaction to price changes while maintaining smoothness 2. Multi-Timeframe Signal Generation: Analyzes price action on a higher timeframe (default: 15-min) regardless of chart timeframe Reduces noise and false signals common in single-timeframe systems All calculations (ZLSMA, ATR, close price) are synchronized to the signal timeframe 3. Dynamic ATR-Based Risk Management: Stop Loss: Automatically calculated using ATR multiplier (default: 1.0x) Take Profit 1: First target at 1.5x ATR (adjustable) Take Profit 2: Extended target at 3.0x ATR (adjustable) Risk-Reward ratios are displayed on each trade label for transparency 4. Optional Signal Filters: Trend Filter: Uses 200 EMA to filter trades - only buys above, sells below (optional) Volatility Filter: Ensures minimum ATR % to avoid low-volatility false signals (optional) Both filters can be independently toggled on/off 5. Real-Time Performance Tracking: Automatically tracks completed trades (TP1, TP2, or SL hits) Calculates win rate, total P/L, and average P/L per trade Live P/L displayed for current open position Performance-based color coding (Green/Blue/Orange/Red) 🔧 How It Works Signal Generation: BUY Signal: Triggered when price crosses above ZLSMA on the signal timeframe SELL Signal: Triggered when price crosses below ZLSMA on the signal timeframe If filters are enabled, signals are validated against trend direction and volatility conditions Trade Execution: Entry price is locked at the close of the crossover bar SL, TP1, and TP2 are calculated using the ATR value from the signal timeframe Horizontal lines extend into the future (default: 240 bars) for visual clarity Labels display all trade parameters including risk-reward ratios Position Management: System monitors each bar to detect if price hits SL, TP1, or TP2 Once a target is hit, the trade is marked as complete and statistics update "Show Only Latest Trade" toggle cleans up historical signals for chart clarity 📈 How to Use Settings: Signal Timeframe: Timeframe for ZLSMA and ATR calculations (higher = fewer signals) ZLSMA Length: Lookback period (100 default, lower = more responsive) ATR Length: Period for volatility measurement (14 default) SL/TP Multipliers: Adjust risk-reward profile to your trading style Filters: Enable/disable trend and volatility filters as needed Dashboard: Fixed position (top-right corner) shows: Current trade status and live P/L Entry, SL, TP1, TP2 prices Total performance statistics Strategy settings summary Alerts: Enable alerts in settings to receive notifications on new signals Each alert includes full trade details (Entry, SL, TP1, TP2) ⚙️ Why This Combination Works The mashup of ZLSMA, multi-timeframe analysis, ATR-based targets, and optional filters creates a complete trading system: ZLSMA provides faster signals than traditional moving averages Higher timeframe reduces noise and improves signal quality ATR-based targets adapt to current market volatility (no fixed pip targets) Trend filter keeps you aligned with the bigger picture Volatility filter avoids choppy, low-conviction setups Performance tracking allows data-driven strategy optimization This is not just a combination of existing indicators—it's a complete risk-managed trading framework with built-in analytics. ⚠️ Risk Disclaimer: This indicator is for educational purposes only. Past performance does not guarantee future results. Always use proper risk management and never risk more than you can afford to lose.
Pine Script® indicator
by harshivsymposium
DH EMA 28/72/200 Unified Ribbon (Scaled HTF)Unified EMA Ribbon (28/72/200) This indicator merges two popular EMA systems — 21/55/200 and 34/89/200 — into a single, smoother trend-tracking ribbon. Each pair of EMAs is averaged to create: EMA 28 (average of 21 & 34) EMA 72 (average of 55 & 89) EMA 200 retained as long-term trend filter The unified ribbon reduces noise, improves trend clarity, and provides clean pullback zones for high-probability entries, especially on the H1 timeframe.
Pine Script® indicator
by mustang2807