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Prev D/W/M + Asia & London Levels [Oeditrades]Prev D/W/M + Asia & London Levels Author: Oeditrades Platform: Pine Script® v6 What it does Plots only the most recent, fully completed: Previous Day / Week / Month highs & lows Asia and London session highs & lows Levels are drawn as true horizontal lines from the period/session start and extended to the right for easy confluence reading. The script is non-repainting. How it works Prev Day/Week/Month: Uses completed HTF candles (high / low ) so values are fixed for the entire next period. Sessions (NY time): Asia (default 20:00–03:00) and London (default 03:00–08:00) are tracked in America/New_York time. High/low are locked when the session ends, and the line is anchored at that session’s start. Inputs & customization Visibility: toggle Previous Day/Week/Month, Asia, London, and labels. Colors: highs default red; lows default green (user-configurable). Session highs default pink, lows aqua (also editable). Style: line style (solid/dotted/dashed) and width. Sessions: editable time windows for Asia and London (still interpreted in New York time). Disclaimer: optional on-chart disclaimer panel with editable text. Notes Works on any timeframe. For intraday charts, the HTF values remain constant until the next HTF bar completes. If your market’s overnight hours differ, simply adjust the session windows in Inputs. Lines intentionally show only the latest completed period/session to keep charts clean. Use cases Quick view of PDH/PDL, PWH/PWL, PMH/PML for bias and liquidity. Intraday planning around Asia/London range breaks, retests, and overlaps with prior levels. Disclaimer This tool is for educational purposes only and is not financial advice. Markets involve risk; past performance does not guarantee future results.
Pine Script® indicator
by OediTrades
📱 EMA Stability Mobile + Pulse BG + Alerts (edegrano)User Manual: 📱 EMA Stability Mobile + Pulse BG + Alerts Overview This indicator monitors the stability of the market trend by analyzing the relative positions and gaps between the 50, 100, and 200 EMAs (Exponential Moving Averages) on a user-defined higher timeframe. It detects when the EMAs align bullishly or bearishly with a minimum gap tolerance and provides visual signals, background pulses, and alerts when such stable conditions start. Key Features Uses 3 EMAs (50, 100, 200) from a selectable timeframe. Checks if EMAs are aligned in a stable bullish or bearish order with configurable minimum percentage gaps. Confirms that price is not touching the EMA50 (to avoid instability). Displays arrow, text status ("Bull", "Bear", or "Unst" for unstable). Shows a strength score representing the average EMA gap relative to tolerance. Pulses the chart background green or red when stability starts. Sends alerts when a new bullish or bearish stability condition begins. Displays a table summary at the top center of the chart. Inputs Parameter Description Default Value EMA TF Timeframe to fetch EMA values from. "15" (15 min) Min Gap (%) Minimum % gap required between EMAs for stability. 0.1% Background Opacity Opacity level (0-100) for the pulse background color. 85 How It Works The indicator fetches EMA50, EMA100, and EMA200 values from the chosen timeframe. It calculates the percentage gap between EMA50 & EMA100 and EMA100 & EMA200. It checks if: For bullish stability: EMA50 > EMA100 by at least the tolerance and EMA100 > EMA200 by at least tolerance, AND current candle’s low is above EMA50. For bearish stability: EMA50 < EMA100 by at least the tolerance and EMA100 < EMA200 by at least tolerance, AND current candle’s high is below EMA50. When a stable bullish or bearish condition starts (i.e., it was not stable the previous bar), it triggers a pulse on the background and sends an alert. The strength score reflects how strong the EMA gaps are relative to the minimum gap set. A table displays key info: stability arrow, status, strength percentage, and gap percentages. Visuals on Chart Arrow: ▲ = Bullish Stability ▼ = Bearish Stability • = Unstable (no stability detected) Status Text: "Bull", "Bear", or "Unst" Background Pulse: Green for bullish stability start, red for bearish stability start (fades based on opacity setting). Table at top center shows: EMA stability arrow and status Strength score (%) Percentage gaps between EMAs 50-100 and 100-200 Alerts The indicator sends alerts when a new stable bullish or bearish trend begins. Alert messages include: 📈 Bullish Stability detected on ( ) 📉 Bearish Stability detected on ( ) Alerts are triggered only once per bar close on the condition's start. Recommended Usage Tips Adjust EMA TF to your preferred higher timeframe for trend confirmation. Set Min Gap (%) depending on how strict you want the gap between EMAs for stability (smaller gap = more sensitive). Use Background Opacity to make pulses subtle or prominent according to your preference. Combine this indicator with price action or other tools for entry/exit timing. Use alerts to be notified instantly when stable trends form.
Pine Script® indicator
by edegrano
Engulfing + Sweep (Confirmed Only) v6 — bars onlyMarks bullish/bearish engulfing candles with liquidity sweeps and confirms them on the next candle — no repaint. ✳️ Features: • 🟩 Bullish Engulfing + Low Sweep • 🟥 Bearish Engulfing + High Sweep • 🎛 Require opposite-color previous candle (optional) • 📏 Min body-to-range filter • 🔔 Alerts on confirmation candle 🎯 Best for: • Price action & reversal traders • Liquidity sweep confluence setups
Pine Script® indicator
by fanta-grapefruit
1
EMA Triad Vanguard Pro [By TraderMan]📌 EMA Triad Vanguard Pro — Advanced Trend & Position Management System 📖 Introduction EMA Triad Vanguard Pro is an advanced indicator that utilizes three different EMAs (Exponential Moving Averages) to analyze the direction, strength, and reliability of market trends. It goes beyond a single timeframe, performing trend analysis across 8 different timeframes simultaneously and automatically tracking TP/SL management. This makes it a powerful reference tool for both short-term traders and medium-to-long-term swing traders. ⚙ How It Works EMAs: EMA 21 → Responds quickly to short-term price changes. EMA 50 → Shows medium-term price direction. EMA 200 → Determines the long-term market trend. Trend Direction Logic: 📈 Long Signal: EMA 21 crosses above EMA 200 and EMA 21 > EMA 50. 📉 Short Signal: EMA 21 crosses below EMA 200 and EMA 21 < EMA 50. Trend Strength Calculation: Calculates the percentage distance between EMAs. Strength levels: Very Weak → Weak → Strong → Very Strong. Multi-Timeframe Analysis: Analyzes trend direction for: 5min, 15min, 30min, 1H, 4H, Daily, Weekly, and Monthly charts. Generates an overall market bias from combined results. Automatic Position Management: When a position is opened, TP1, TP2, TP3, and SL levels are calculated automatically. As price reaches these levels, chart labels appear (TP1★, TP2★, TP3★, SL!). 📊 How to Use 1️⃣ Long (Buy) Setup EMA 21 must cross above EMA 200 ✅ EMA 21 must be above EMA 50 ✅ Overall market bias should be “Bullish” ✅ Entry Price: closing price of the signal candle. TP levels: calculated based on upward % targets. SL: a set % below the entry price. 2️⃣ Short (Sell) Setup EMA 21 must cross below EMA 200 ✅ EMA 21 must be below EMA 50 ✅ Overall market bias should be “Bearish” ✅ Entry Price: closing price of the signal candle. TP levels: calculated based on downward % targets. SL: a set % above the entry price. 💡 Pro Tips Multi-timeframe alignment significantly increases the signal reliability. If trend strength is “Very Strong”, chances of hitting TP targets are higher. Weak trends may cause false signals → confirm with extra indicators (RSI, MACD, Volume). TP levels are ideal for partial take-profits → lock in gains and reduce risk. 📌 Advantages ✅ Displays both trend direction and trend strength at a glance. ✅ Multi-timeframe approach avoids tunnel vision from a single chart. ✅ Automatic TP/SL calculation eliminates manual measuring. ✅ Labeled signal alerts make tracking positions easy and visual. ⚠ Important Notes No indicator is 100% accurate — sudden news events or manipulations may cause false signals. Use it together with other technical and fundamental analysis methods. Signal reliability may decrease in low liquidity markets. 🎯 In summary: EMA Triad Vanguard Pro combines trend tracking, position management, and multi-timeframe analysis in a single package, helping professional traders reduce workload and make more strategic trades.
Pine Script® indicator
by Traderman_1993
RSI (14) with Auto Zone Colors — Overbought/Oversold HighlighterThis indicator plots the Relative Strength Index (RSI 14) with dynamic color changes for instant visual clarity: ✅ Green line in overbought zone (≥70) ✅ Red line in oversold zone (≤30) ✅ White line in neutral range (30–70) Includes reference lines at 70, 50, and 30 for quick decision-making. Perfect for spotting momentum extremes, divergences, and potential reversal points without squinting at numbers. Works on any timeframe.
Pine Script® indicator
by tarangbharti18
Nexalgo Pro Screener Dashboard (Beta)📊 Nexalgo Pro Screener Dashboard The Nexalgo Pro Screener Dashboard is a multi-symbol, multi-timeframe overview tool designed to help traders quickly assess market conditions across various assets. What it does: Displays up to 10 user-selected symbols in a compact, table-style dashboard. Shows current price, percentage change, trend strength, and expansion level for each symbol. Custom timeframes per symbol or use a global default timeframe. Visual highlights for bullish, bearish, and neutral conditions. Trend strength icons (🔥 / ❄️) for quick trend condition visualization. Flexible layout options, including compact mode and adjustable table position. Usage: This tool is designed for market screening and analysis. It does not provide buy/sell advice and should be used together with your own strategy and research. Notes: Works on any TradingView-supported market. Calculations are based on historical chart data and may differ slightly between chart timeframes. Past performance is not a guarantee of future results.
Pine Script® indicator
by NexalgoTrade
SulLaLuna — HTF M2 x Ultimate BB (Fusion) 🌕 **SulLaLuna — HTF M2 x Ultimate BB (Fusion)** 🚀💵 **By SulLaLuna Trading** (Portions of the Bollinger Band logic adapted with permission/credit from the *Ultimate Buy & Sell Indicator* by its original author — thank you for the brilliance!) --- 🧭 **What This Is** This is not just another price-following tool. This is **a macro liquidity detector** — a **Daily Higher Timeframe Hull Moving Average of the Global M2 Money Supply**, smoothed via lower timeframe candles (default 5m, 48 Hull length), overlaid with **Ultimate-style double Bollinger Bands** to reveal *over-extension & mean reversion zones*. It doesn’t chase candles. It watches the tides beneath the market — the **money supply currents** that have a **direct correlation** to asset price behavior. When liquidity expands → risk-on assets tend to rise. When liquidity contracts → risk-off waves hit. We ride those waves. --- 🔍 **What It Does** * **Tracks Global M2** across major economies, FX-adjusted, and scales it to your chart’s price. * **HTF Hull MA** (Daily, smoothed via 5m base) → gives you the macro liquidity trend. * **Ultimate BB logic** applied to the HTF M2 Hull → inner/outer bands for volatility envelopes. * **Pivot Labels** → ideal entry/exit zones on macro turns. * **Over-Extension Alerts** → when HTF M2 Hull pushes outside the outer bands. * **Re-Entry Alerts** → mean reversion triggers when liquidity moves back inside the range. * **Background Paint** from chart TF M2 slope → for confluence on your entry timeframe. --- 📜 **Suggested How-To** 1. **Choose your execution chart** — e.g., 1–15m for scalps, 1H–4H for swings. 2. **Use the background paint** as your *local tide check* (chart TF M2 slope). 3. **Trade in the direction of the HTF M2 Hull** — green line = liquidity rising, red line = liquidity falling. 4. **Watch pivot labels** — these are potential “macro inflection” points. 5. **Confluence stack** — pair with ZLSMA, WaveTrend divergences, VWAP volume, or your favorite price-action setups. 6. **Size down** when HTF M2 Hull is flat/gray (chop zone). 7. **Scale in/out** on over-extension + re-entry alerts for higher probability swings. --- ⚠️ **Important Note** This indicator **does not predict price** — it tracks macro liquidity flows that *influence* price. Think of it as your market’s **tide chart**: when the water’s coming in, you can swim out; when it’s going out, you’d better be ready for the undertow. --- 📢 **Alerts Available** * HTF Pivot HIGH / LOW * Over-Extension (HTF Hull outside outer BB) * Re-Entry (return from overbought/oversold) --- 🤝 **Join the SulLaLuna Tribe** If this indicator helps you capture better entries, follow & share so more traders can learn to trade *math, not emotion*. We rise together — **and we’ll meet you on the Moon** 🌕🚀💵.
Pine Script® indicator
by Calzolaio
Dynamic Range Targets(Mastersinnifty))Description The Dynamic Range Targets indicator identifies the largest price range within a specified lookback period and projects multiple target levels both above and below that range. This helps traders anticipate potential breakout or breakdown price objectives based on historical volatility. How It Works Scans a user-defined number of previous bars to find the one with the largest high–low range. Uses that range to calculate upward and downward target levels in increments (100%, 200%, 300%, 400%). Plots each target level on the chart for visual reference. Optionally displays price labels on the most recent bar for quick identification. Inputs Number of Bars to Look Back – Defines how many past bars the indicator should scan to find the largest range. Show Target Price Labels – Enables or disables the display of price labels for all target levels on the current bar. Use Case Identifying breakout price objectives after periods of consolidation. Setting predefined profit targets for both long and short trades. Assessing potential volatility zones in trending and ranging markets. Disclaimer This indicator is for informational and educational purposes only. It does not constitute financial advice or a recommendation to buy or sell any security. Always perform your own analysis and use proper risk management before making trading decisions.
Pine Script® indicator
by Mastersinnifty
Full Session ATR Range (Live) - with Position ToggleBelow is a publication-ready text for the "Full Session ATR Range (Live) - with Position Toggle" indicator, written in a professional yet accessible style suitable for a trading community (e.g., TradingView or a blog). The text highlights the indicator's features, usage, and benefits, while avoiding overly technical jargon for a broad audience. --- ### Introducing the Full Session ATR Range (Live) Indicator with Position Toggle Enhance your trading strategy with the **Full Session ATR Range (Live) Indicator**, a powerful tool designed to provide real-time insights into market volatility and session dynamics. This customizable indicator, now available with a position toggle feature, compares the current session's range to a 10-day Average True Range (ATR), helping traders gauge market activity and anticipate potential movements. #### Key Features - **Live Range Tracking**: Displays the current session's range (high minus low) alongside a 10-day ATR, updated in real-time during market hours. - **Session Mode Flexibility**: Includes an auto-toggle option to switch between Electronic Trading Hours (ETH) and Regular Trading Hours (RTH), adapting to your preferred trading session. Manually select ETH or RTH, or let the indicator auto-detect based on market hours. - **Comprehensive Metrics**: Offers a detailed breakdown including: - Range/Avg %: Percentage of the current range relative to the 10-day ATR. - Points Left: Remaining points to reach the average range. - 100% Range Up/Dn: Potential upper and lower targets based on the ATR difference. - **Position Customization**: Adjust the table's location on your chart with options like top-left, top-right, middle-center, or bottom-right for optimal visibility. - **Visual Appeal**: Features a customizable background and text color to match your chart theme. #### How It Works The indicator calculates the 10-day ATR using daily data and tracks the current session's range, resetting at the start of each day or session change. During market hours (e.g., 6 AM - 8 PM CDT, adjustable), it updates live, providing actionable insights. When the market is closed, it displays historical ATR while marking live metrics as "n/a" to avoid confusion. The ETH/RTH toggle ensures the range reflects either the full extended session or the core trading hours, tailored to your strategy. #### Why Use It? Whether you're a day trader monitoring intraday volatility or a swing trader assessing longer-term trends, this indicator helps you: - Identify overextended or underactive sessions compared to historical norms. - Plan entries and exits with targets based on the 100% Range Up/Dn levels. - Stay informed with a clean, adjustable display that fits your workflow. #### Installation & Customization 1. Add the indicator to your TradingView chart. 2. Adjust the ATR length (default: 10 days) and table position via the input settings. 3. Choose your session mode (Auto, ETH, or RTH) and customize colors to suit your style. 4. Test during market hours for live updates—note that static values may appear outside trading sessions. #### Feedback & Support This indicator is designed for flexibility and ease of use. Share your feedback or request enhancements by commenting below or contacting the developer. Happy trading!
Pine Script® indicator
by Futurestraderbrian
Bharat Jhunjhunwala - RSI Cross Trading SignalRSI Crossover Indicator This custom indicator uses the Relative Strength Index (RSI) to generate precise buy and sell signals based on momentum shifts. The strategy works as follows: Buy Signal: Triggered when: The Daily RSI is above 50, indicating bullish market conditions. The Hourly RSI crosses above 70, signaling a strong upward momentum. Sell Signal: Triggered when: The Daily RSI is below 50, indicating bearish market conditions. The Hourly RSI crosses below 30, signaling potential downward momentum. The indicator plots green up arrows for buy signals and red down arrows for sell signals, making it ideal for traders looking to trade momentum shifts with clarity.
Pine Script® indicator
by BharatJhunjhunwala
Innotrade Liquidity Sweep Order Block Suite for Sniper EntryThe Innotrade LSOB Suite is not just another indicator; it is a comprehensive, multi-layered trading system designed to provide a complete market perspective on a single chart. In today's markets, traders are often overwhelmed by using multiple, disconnected indicators. This suite solves that problem by integrating several powerful, conceptually distinct analytical methods into one cohesive framework. The core philosophy is built on the principle of confluence. A high-probability trade setup occurs when market structure, trend, momentum, and volume analysis align. This suite is designed to clearly visualize these points of confluence, helping traders move beyond single-indicator signals and make more informed decisions. Core Features & Underlying Concepts This is a "mashup" by design, and each component has been carefully selected and calibrated to serve a specific purpose within the broader system. Here’s how they work together: 1. Market Structure & Key Zones - The LSOB Engines Innotrade LSOB Logic (Proprietary): This is the heart of the indicator. It goes beyond simple order blocks by first identifying a genuine liquidity sweep of a recent high or low. It then establishes a potential zone of interest and waits for a specific price action pattern—a confirmed re-entry and rejection—before generating a high-probability signal. This multi-step validation process is a core part of our proprietary algorithm designed to filter out weak or false zones. LSOB Fractal Logic: This serves as a complementary method for identifying zones. It uses a more classic fractal-based detection to find areas where price has aggressively reversed after sweeping a fractal high/low. These zones are excellent for identifying potential S/R flips and continuation trades. 2. Trend & Momentum - The Directional Bias Octo MA Super Suite: This isn't just a collection of moving averages. The eight MAs, with their optional clouds and slope-based coloring, act as a dynamic "river" of trend across multiple timeframes. A trader can instantly gauge whether they should be looking for long or short opportunities by observing the price's position relative to the MA cluster and the color of the flow. MC Orderflow Signals (Proprietary Weighting): This module provides entry timing and confirmation. It combines multiple momentum oscillators (including concepts from DCO, RSI, and Stochastics) into a single, proprietary weighted aggregate value. A signal is generated only when this aggregate value crosses its own moving average, indicating a statistically significant shift in short-term momentum. This fusion and weighting prevent the common issue of contradictory signals from using these oscillators separately. 3. Signal Confirmation - The Final Check PVSRA Candle Coloring: Volume is a critical component of confirmation. PVSRA (Price, Volume, Support/Resistance Analysis) colors candles based on the interplay between volume and price spread. A bullish LSOB zone becomes a much higher probability entry if a green or blue PVSRA "vector" candle appears, confirming institutional buying pressure. Wick Analysis (Advancing/Retracing): This unique pattern identifies potential exhaustion or absorption at key levels. An "Advancing Wick" pattern at the bottom of a bullish LSOB zone, for example, can signal that selling pressure is drying up, adding another layer of confidence to a long entry. 4. High-Level Context - The Bigger Picture PSY Levels & Daily Open: These tools map out the key psychological levels for the week and the daily opening price. They act as "magnets" or barriers for price and are crucial for setting realistic profit targets and stop losses. A trade signal that aligns with a rejection from a weekly PSY level is often a very powerful setup. Multi-Timeframe Dashboard: This provides an at-a-glance overview of ATR (volatility) and RSI conditions across six user-defined timeframes, ensuring you are not trading against the broader market flow. How to Use the Suite: A Practical Strategy The power of the suite lies in combining these elements. Here is a sample workflow for a high-probability long setup: Establish Trend: Check the Octo MAs. Is the price generally above the main cluster? Is the MA "flow" predominantly green? This confirms a bullish bias. Identify Zone: Wait for the price to pull back into a green Innotrade LSOB Zone or a Fractal LSOB Zone. These are your high-interest buy areas. Wait for Confirmation: As the price interacts with the zone, look for one or more confirming signals: An MC Orderflow "B" signal appears. A bullish PVSRA candle (Green/Blue) prints. An Advancing Wicks pattern forms. Final Check: Is the entry well above the weekly PSY Low? Is the multi-timeframe dashboard not showing extreme bearishness? If conditions are met, the trade has a high degree of confluence. Why Is This an Invite-Only Script? The decision to make this a closed-source, invite-only script was made to protect the intellectual property at its core. Proprietary Algorithms: The specific calculation, weighting, and validation logic within the Innotrade LSOB signal engine and the MC Orderflow module are unique and the result of extensive research and backtesting. They are not based on publicly available code. Protection of Key Parameters: To preserve the integrity and effectiveness of these core systems, the most sensitive parameters (such as lookback periods, invalidation tolerances, and oscillator weightings) have been internalized within the code. This prevents misuse and ensures the indicator operates as designed. Value Proposition: While the suite uses concepts familiar to many traders (MAs, RSI, etc.), its value comes from the unique way these elements are integrated, weighted, and filtered to produce a cohesive and actionable trading framework. This is a complete system, not just a collection of indicators, justifying its exclusivity. We believe this suite offers a distinct and powerful edge by simplifying complex analysis and focusing on the power of confluence.
Pine Script® indicator
by Innotrade_AJ
2
Floating Bands of the Argentine Peso (Sebastian.Waisgold) The BCRA ( Central Bank of the Argentine Republic ) announced that as of Monday, April 15, 2025, the Argentine Peso (USDARS) will float within a system of divergent exchange rate bands. The upper band was set at ARS 1400 per USD on 15/04/2025, with a +1% monthly adjustment distributed daily, rising by a fraction each day. The lower band was set at ARS 1000 per USD on 15/04/2025, with a –1% monthly adjustment distributed daily, falling by a fraction each day. This indicator is crucial for anyone trading USDARS, since the BCRA will only intervene in these situations: - Selling : if the Peso depreciates against the USD above the upper band . - Buying : if the Peso appreciates against the USD below the lower band . Therefore, this indicator can be used as follows: - If USDARS is above the upper band , it is “expensive” and you may sell . - If USDARS is below the lower band , it is “cheap” and you may buy . It can also be applied to other assets such as: - USDTARS - Dollar Cable / CCL (Contado con Liquidación) , derived from the BCBA:YPFD / NYSE:YPF ratio. A mid band —exactly halfway between the upper and lower bands—has also been added. Once added, the indicator should look like this: In the following image you can see: - Upper Floating Band - Lower Floating Band - Mid Floating Band User Configuration By double-clicking any line you can adjust: - Start day (Dia de incio), month (Mes de inicio), and year (Año de inicio) - Initial upper band value (Valor inicial banda superior) - Initial lower band value (Valor inicial banda inferior) - Monthly rate Tasa mensual %) It is recommended not to modify these settings for the Argentine Peso, as they reflect the BCRA’s official framework. However, you may customize them—and the line colors—for other assets or currencies implementing a similar band scheme.
Pine Script® indicator
by sebastian.waisgold
RSI 20/80 Arrows + AlertsRSI 20/80 Arrows + Alerts This indicator is a modified Relative Strength Index (RSI) tool designed to help traders spot potential overbought and oversold conditions using customizable threshold levels (default 80 for overbought, 20 for oversold). Features: Custom RSI Levels – Default to 80/20 instead of the standard 70/30, but fully adjustable by the user. Visual Signals – Blue Arrow Up appears below the bar when RSI crosses up from below the oversold level (potential buy zone). Red Arrow Down appears above the bar when RSI crosses down from above the overbought level (potential sell zone). Alerts Built In – Receive notifications when either signal occurs, with the option to confirm signals only on bar close for reduced noise. Guide Levels – Optionally display overbought/oversold reference lines on the chart for quick visual reference. Overlay Mode – Signals are plotted directly on the price chart, so you don’t need to switch between chart windows. Use Case: Ideal for traders who want quick, visual confirmation of potential turning points based on RSI, especially in strategies where more extreme levels (like 20/80) help filter out weaker signals. Works well across all markets and timeframes.
Pine Script® indicator
by ron121
Alt Coin Season Indicator v2Trend Core Strategy with Alt Season Filter This script is a comprehensive trend-following strategy designed to identify high-probability long entries for altcoins. It combines a core mean-reversion setup with a powerful, two-layer "Alt Season" filter to ensure trades are only considered when macro conditions are most favorable. The primary goal is to enter a trade during a short-term dip (oversold RSI) but only when the broader market structure (Halving Cycle and BTC Dominance) confirms that capital is flowing into altcoins. How It Works: The Logic The strategy is built on two distinct layers that must align for a signal to be valid. 1. The Core Trading Setup A potential LONG ENTRY signal is identified when a specific set of trend and momentum conditions are met: Long-Term Trend: The price must be trading above the 200-period Slow Moving Average. Mean Reversion Entry: The RSI must be in an oversold state (below 35). Favorable Dominance: BTC.D must be trending down, and ETH.D must be trending up, indicating a "risk-on" environment. 2. The "Alt Season" Master Filter This is the master switch that confirms the macro environment. A trade setup is only considered valid if the "Alt Season" filter is active. This filter has two sub-layers: Bitcoin Halving Cycle: The script tracks the 4-year cycle and only allows signals during the two most bullish phases: Post-Halving Accumulation (Yellow Background): The period immediately following a halving. Parabolic Uptrend (Green Background): The primary bull market phase. Signals are automatically disabled during the "Distribution" (Red) and "Bear Market" (Dark Red) phases. BTC Dominance State: This defines the precise start and end of an alt season based on capital flows. START (🚀): Alt Season becomes active when BTC.D crosses below 60%. RESET (⚠️): The state is temporarily disabled if BTC.D reclaims 60%, acting as a warning signal. END (🛑): The season is officially over when BTC.D crosses back above 40% from below. On-Chart Visuals The script provides a rich visual interface for at-a-glance analysis: Background Colors: The chart background changes color to reflect the current Halving Cycle phase. A bright cyan overlay indicates when the "Alt Season" filter is fully active. Dynamic Shapes: 🚀 (Rocket): Signals the start of a confirmed Alt Season. The size is dynamic—a larger rocket appears if the RSI is more deeply oversold, indicating a higher-conviction setup. ⚠️ (Warning Sign): Appears if BTC.D reclaims the 60% start level, indicating a temporary pause or "reset" of the alt season. 🛑 (Stop Sign): Marks the official end of the Alt Season. On-Screen Table: A real-time dashboard in the top-right corner shows the status of every single condition, providing full transparency into the script's logic. How to Use Wait for the "Alt Season Active" (cyan) background to appear. This is your primary confirmation that macro conditions are favorable. Look for LONG ENTRY labels. These appear when the core trading setup aligns with an active Alt Season. Use the on-screen table to understand why a signal is or is not firing. Set Alerts: The script includes three distinct alerts for "Alt Season Activated," "Alt Season Warning," and "Alt Season Officially Over" to keep you updated on the macro environment. Disclaimer: This tool is for educational purposes only and should not be considered financial advice. All trading involves risk. Always conduct your own research and backtesting before making any trading decisions.
Pine Script® indicator
by Andrew_S_1981
Candlestick Pattern Buy/Sell signalsOverview This indicator provides clear, non-repainting Buy and Sell arrows directly on your chart to help you easily spot high-probability reversal opportunities. It's designed to be a clean and simple visual tool for traders who want to make informed manual trading decisions without a cluttered screen. The logic is based on an evolution of classic candlestick patterns, specifically adapted to find more frequent signals on the 1-Hour timeframe. How Signals Are Generated To ensure reliability and avoid false signals, every arrow is the result of a two-step confirmation process: The Setup Candle: First, the indicator identifies a potential reversal pattern. This can be a "Flexible" Pin Bar (Hammer or Shooting Star) or a classic Engulfing pattern. The Trigger Arrow: A BUY or SELL arrow will only be plotted on your chart after the next candle confirms the setup by breaking the high or low of the setup candle. This confirmation method ensures the signal has momentum behind it. The Signal Logic The indicator is looking for two main types of reversal patterns: Flexible Pin Bars: The rules for Hammers and Shooting Stars have been loosened to catch more signals. The main wick must be at least 1.5 times the size of the candle's body, making it more adaptive to the 1-Hour chart. Classic Engulfing Patterns: It identifies powerful Bullish and Bearish Engulfing patterns where one candle's body completely overtakes the body of the previous candle, signaling a strong shift in control. How to Use This Indicator This tool is designed to be a key part of your own trading system. Add the indicator to your chart. Set your chart's timeframe to 1-Hour. When a green BUY arrow appears, it serves as a strong suggestion of a potential long entry. When a red SELL arrow appears, it serves as a strong suggestion of a potential short entry. Confirmation: a candle close above a buying signal (Long), and below selling signal (short) for extra confluence use a moving average such a 50 or 100 EMA and or volume. Only go long or buy above EMA, and sell or short below EMA Important: This indicator should be used as a confirmation tool alongside your own analysis of market structure, support/resistance levels, and the overall trend. It is not a complete, standalone trading system. Disclaimer: This indicator is for educational and informational purposes only and does not constitute financial advice. All trading involves risk.
Pine Script® indicator
by Punisher1on1