Random HTFRandom HTF is a powerful market structure overlay designed for intraday and swing traders who want to anchor their trades using high-probability zones, NFP alignment, and historical statistical edge.
🧠 Core Features
Weekly 5 EMA Anchor
Plots the weekly 5-period EMA and calculates custom upper/lower EMA zones (e.g., 2.5%–3%) to define optimal extension/reversion levels.
Session Box Framework
Automatically maps key opening sessions:
Sunday 6:00–7:30 PM ET (Asia open structure)
Tuesday 9:30–10:30 AM ET (often key pivot for the week)
Monthly Structure Levels
Prior Month High, Low, Mid, and 30% retracement (dynamic bullish/bearish logic)
Includes current month 30% level
Optional historical monthly lines for deeper confluence
Previous Week Levels
High, Low, 25%, 50%, 75% zones
Custom coloring, line styles, and penetration analysis with tables
NFP Mode (Non-Farm Payroll Smart Context)
Automatically detects NFP Fridays
Builds weekly/monthly boxes from that candle
Annotates whether price is above/below/inside NFP range
📊 Probability Engine (Optional)
Enable advanced stats to access:
Weekly penetration probabilities into custom EMA zones
Entry/completion rates for each zone
Median/mean/mode of weekly price extensions
Full day-of-week breakdown showing which days tend to hit/exceed your configured zone
Opening-position impact vs EMA (does the week open above or below?)
📐 Ideal Use Case
Trade intraday breakouts/reversions with awareness of higher timeframe stretch
Use EMAs + zones to frame when a move is extended or just beginning
Identify structural traps/fakeouts around NFPs, Tuesdays, or prior month levels
Quantify whether the market is operating in a compressed or expansive state
🔧 Customization
Full control over:
Time filtering (e.g., only analyze 9:30–16:00 ET)
EMA lengths and percentage bands
Zone styling (colors, labels, widths)
Whether to show current vs. historical levels
This tool blends HTF structure, macro calendar awareness, and quantified stretch behavior into a single overlay. Perfect for traders who want probabilistic alignment before entering intraday setups.
Volatility
Sudden MOVE Spikes Buy SignalThis Pine Script indicator, titled "Sudden MOVE Spikes Buy Signal", is designed for TradingView charts to identify potential buy opportunities in risk assets (e.g., BTC, stocks, or any charted symbol) based on spikes in the MOVE index (a measure of U.S. Treasury bond volatility, often called the "VIX for bonds"). It leverages the observation that sharp MOVE spikes above a threshold (indicating bond market stress or illiquidity) have historically preceded liquidity injections from the Fed or Treasury, leading to rallies in risk assets post-2020 (e.g.,
March 2020 COVID crash, October 2022 rate hike volatility, March 2023 banking crisis). The indicator filters out false positives, like the February 2022 geopolitical spike from the Russia-Ukraine invasion, using WTI crude oil price surges as a proxy.Key features:Signal Detection: Fires a "Buy" label when the daily MOVE index crosses above the threshold (default 130) with a sudden rate of change (ROC > 27% over 5 days), signaling potential liquidity-driven bottoms.
Geopolitical Filter: Excludes signals if oil ROC exceeds 20% over 5 days, to avoid non-macro events.
Time Restriction: Only shows signals from January 1, 2020, onward, as the strategy is tuned to the post-COVID regime.
Visuals: Plots a green "Buy" label below the bar on the chart and optionally highlights the bar with a green background (85% opacity) for emphasis.
Alerts: Supports alerts for new signals via TradingView's alert system.
The indicator is versatile and can be applied to any asset chart, though it's optimized for risk assets like cryptocurrencies or equities. Backtesting shows high hit rates for rallies in S&P 500 and BTC after valid signals, but it's a heuristic tool—combine with other analysis for trading decisions.
boitumelo_eth_behavior## 1. The Core Trend: EMA Lines
The two moving average lines tell you the main trend direction.
Orange Line (EMA 21): The faster, short-term trend.
Blue Line (EMA 50): The slower, long-term trend.
How to read them:
Uptrend: When the Orange line is above the Blue line, the market is generally bullish. You should primarily look for buying opportunities.
Downtrend: When the Orange line is below the Blue line, the market is generally bearish. You should primarily look for selling opportunities.
Choppy Market: When the lines are flat and tangled together, the market is consolidating and lacks a clear direction. Be cautious during these times.
## 2. The Signals: Crosses, Zones, and Labels
These are your specific points of interest for potential entries and exits.
EMA Crosses (Triangles & Diamonds)
The script shows two types of cross signals: predictions and confirmations.
Prediction Triangles (▲▼): These are an early warning. A green triangle (▲) means a bullish cross might happen soon. A red triangle (▼) means a bearish cross is predicted. Do not trade these directly. Use them as a heads-up to pay close attention.
Optimal Cross Diamonds (💎): These are your high-quality entry signals.
Aqua Diamond (💎 Bullish): The EMAs have crossed upwards, and the price confirmed the move. This is a potential buy signal.
Fuchsia Diamond (💎 Bearish): The EMAs have crossed downwards, and the price confirmed the move. This is a potential sell signal.
Support & Resistance (Boxes & Labels)
These zones are drawn from recent market turning points (pivots) and represent key price levels.
Green Zones & Labels (Support): This is a price "floor" where the market has previously bounced up. Look for buyers to step in here. A bounce off this level is bullish.
Red Zones & Labels (Resistance): This is a price "ceiling" where the market has previously been rejected. Look for sellers to become active here. A rejection from this level is bearish.
## 3. The Context: Session Background Colors
The background color tells you about the typical market behavior for that time of day (based on the script's settings). This helps you filter your trades.
🟩 Green Background (Bullish Session): Bullish signals (like an Aqua Diamond or a bounce from support) are more reliable during these hours.
🟥 Red Background (Bearish Session): Bearish signals (like a Fuchsia Diamond or a rejection from resistance) are stronger during these hours.
🌫️ Gray Background (Consolidation Session): The market is often choppy. It's best to be cautious, as signals can be less reliable.
## Putting It All Together: A Trade Example
You can combine these elements to find high-probability setups.
Example High-Probability Buy Setup:
Trend: The Orange EMA is above the Blue EMA, or an Aqua Diamond (💎) has just appeared, confirming a new uptrend.
Level: The price pulls back and enters a Green Support Zone.
Context: The chart background is Green, indicating a bullish time of day.
Signal: You see price starting to bounce up from the support zone. This is your cue to consider a long (buy) trade, with a stop-loss placed below the green zone.
20-Candle ATR in Pips (5m only)This custom indicator displays the Average True Range (ATR) over the last 20 candles on a 5-minute chart, specifically designed for pairs where 1 pip = 0.01.
Key features:
📐 Calculates a simple moving average of the true range over the last 20 five-minute candles.
📋 Outputs the ATR value in a clean table with a green background and white text.
⚠️ Designed exclusively for the 5-minute timeframe – prompts you to switch if you’re on a different one.
📏 Values are shown in pips (e.g., “ATR (20 candles): 9.83 pips”).
This tool is ideal for short-term volatility tracking, scalping strategies, and identifying market conditions where price is expanding or contracting.
Neural Network Buy and Sell SignalsTrend Architect Suite Lite - Neural Network Buy and Sell Signals
Advanced AI-Powered Signal Scoring
This indicator provides neural network market analysis on buy and sell signals designed for scalpers and day traders who use 30s to 5m charts. Signals are generated based on an ATR system and then filtered and scored using an advanced AI-driven system.
Features
Neural Network Signal Engine
5-Layer Deep Learning analysis combining market structure, momentum, and market state detection
AI-based Letter Grade Scoring (A+ through F) for instant signal quality assessment
Normalized Input Processing with Z-score standardization and outlier clipping
Real-time Signal Evaluation using 5 market dimensions
Advanced Candle Types
Standard Candlesticks - Raw price action
Heikin Ashi - Trend smoothing and noise reduction
Linear Regression - Mathematical trend visualization
Independent Signal vs Display - Calculate signals on one type, display another
Key Settings
Signal Configuration
- Signal Trigger Sensitivity (Default: 1.7) - Controls signal frequency vs quality
- Stop Loss ATR Multiplier (Default: 1.5) - Risk management sizing
- Signal Candle Type (Default: Candlesticks) - Data source for signal calculations
- Display Candle Type (Default: Linear Regression) - Visual candle display
Display Options
- Signal Distance (Default: 1.35 ATR) - Label positioning from price
- Label Size (Default: Medium) - Optimal readability
Trading Applications
Scalping
- Fast pace signal detection with quality filtering
- ATR-based stop management prevents signal overlap
- Neural network attempts to reduces false signals in choppy markets
Day Trading
- Multi-timeframe compatible with adaptation settings
- Clear trend visualization with Linear Regression candles
- Support/resistance integration for better entries/exits
Signal Filtering
- Use A+/A grades for highest probability setups
- B grades for confirmation in trending markets
- C-F grades help identify market uncertainty
Why Choose Trend Architect Lite?
No Lag - Real-time neural network processing
No Repainting - Signals appear and stay fixed
Clean Charts - Focus on price action, not indicators
Smart Filtering - AI reduces noise and false signals
Flexible and customizable - Works across all timeframes and instruments
Compatibility
- All Timeframes - 1m to Monthly charts
- All Instruments - Forex, Crypto, Stocks, Futures, Indices
Risk Disclaimer
This indicator is a tool for technical analysis and should not be used as the sole basis for trading decisions. Past performance does not guarantee future results. Always use proper risk management and never risk more than you can afford to lose.
Composite Trend Trader Module [BackQuant]Composite Trend Trader Module
Overview and Purpose
The Composite Trend Trader Module (CTM) is an invite-only Pine Script indicator designed to provide traders with a comprehensive tool for trend-following, dip-buying, and market strength assessment. By integrating multiple market data inputs—price momentum, volatility, volume, and statistical baselines—the CTM generates actionable outputs for trend identification, swing trade entries, and dip-buying opportunities. The indicator is intended for traders seeking a systematic approach to market analysis with customizable settings, while maintaining simplicity in its user interface. As a closed-source script, the underlying calculations remain proprietary, but this description outlines its functionality, features, and practical applications in trading.
Visual Components
The CTM provides the following visual elements on the chart:
• Signal Spine – A colored line (default 25-period weighted moving average) that reflects the dominant trend—green for bullish, red for bearish, and grey for neutral or transitional periods.
• Swing Triggers – Unicode markers ("𝕃" for long, "𝕊" for short) appear below or above bars when the trend shifts, signaling potential swing trade entries.
• Dip-Hunter Signals – Green arrows mark dip-buying opportunities, accompanied by faint green background highlights and forward-projecting entry lines for precise entry levels.
• Heat Meter – A horizontal strip at the bottom of the chart, graded from -50 (overheated) to +50 (deep dip), visually indicates the strength of dip conditions using a red-to-green gradient.
Core Features
The CTM comprises several components that work together to deliver a cohesive trading framework. Below is a detailed explanation of each, without disclosing proprietary calculations.
1. Universal Trend Tracking (UTT)
The UTT combines multiple momentum and statistical indicators into a single composite score ranging from -1 to +1. This score is derived from:
• Price-based momentum metrics.
• Volatility-adjusted thresholds.
• Statistical measures of price deviation and market structure.
When the UTT score exceeds +0.2, the market is considered in an actionable uptrend; below -0.2, a downtrend is identified. Values between these thresholds indicate a neutral or choppy market, helping traders avoid low-probability setups during consolidation.
2. Signal Spine
The signal spine is a 25-period weighted moving average of price, colored according to the UTT score (green for bullish, red for bearish, grey for neutral). This line serves as a visual anchor for tracking the prevailing trend and highlights regime changes in real time, enabling traders to align their strategies with market direction.
3. Swing Triggers (𝕃/𝕊)
Swing trade signals are generated when the UTT crosses the zero line, indicating a shift in market regime. A "𝕃" marker appears below the bar for a bullish crossover (potential long entry), and a "𝕊" marker appears above for a bearish crossover (potential short entry). These signals incorporate volatility-adaptive thresholds to minimize false triggers during low-volatility periods, improving reliability compared to traditional moving-average crossovers.
4. Dip-Hunter Engine
The Dip-Hunter subsystem identifies high-probability dip-buying opportunities by evaluating five conditions:
• Dip Magnitude – The price must have fallen by a user-defined percentage (default 2%) from a recent swing high, calculated over a specified lookback period (default 5 bars).
• Volume Burst – Current volume must exceed the average volume over a user-defined lookback (default 65 bars) by a specified multiplier (default 2x).
• Volatility Spike – The intraday range or Average True Range (ATR) must exceed a statistical baseline by a user-defined multiplier (default 1.5x).
• Structural Permission – Price must be below a fast Exponential Moving Average (EMA, default 20 periods), and the market structure must be bearish (fast EMA below slow EMA, default 50 periods).
• Trend Filter (Optional) – When enabled, dip signals are only generated if the UTT indicates a bullish trend, preventing trades against a bearish macro environment.
When these conditions align, the Dip-Hunter plots a green arrow, highlights the candle background, and draws a forward-projecting horizontal line at a user-selected price level (Low, Close, or calculated dip percentage).
5. Strength Score and Heat Meter
Each bar is assigned a strength score (0 to 5, or -50 to +50 when scaled for the heat meter) based on the following criteria:
• +1 for meeting the dip threshold.
• +1 for a volume spike.
• +1 for a volume momentum spike (based on rate-of-change).
• +1 for a confirmed volatility spike.
• +1 if price is below the fast EMA.
• +2 if the macro trend filter is bullish (when enabled).
The heat meter visualizes this score as a pointer on a red-to-green gradient strip, enabling traders to quickly assess the intensity of dip conditions and prioritize high-quality setups.
6. Entry-Line Generator
For each dip signal, the CTM draws a forward-projecting horizontal line to mark potential entry levels. Traders can configure:
• The price level for the line (Low, Close, or exact dip percentage).
• The duration of the line (default 100 bars).
• A minimum gap between signals (default 5 bars) to prevent overlapping lines during clustered events.
These lines serve as visual guides for setting limit orders or stop-loss levels.
7. Alerts
The CTM includes seven pre-configured alert conditions to support automated workflows:
• CTM Long/Short – Triggered on bullish or bearish UTT zero-line crossovers for swing trades.
• Market Overheated – Activates when the strength score falls below -40, indicating potential exhaustion.
• Close to Dip – Signals when the strength score reaches 0.6, suggesting an impending dip opportunity.
• Dip Confirmed – Fires on the first bar meeting all dip conditions.
• Dip Active – Triggers while dip conditions remain valid.
• Dip Fading – Activates when the strength score crosses below 0.5, indicating a weakening dip.
• Trend-Blocked – Alerts when dip conditions are met but blocked by the trend filter.
These alerts can be routed to brokers or trading bots for seamless execution.
"CPM Long Signal {{exchange}}:{{ticker}}")
"CPM Short Signal {{exchange}}:{{ticker}}")
"Market overheated {{ticker}}")
"Close to a dip {{ticker}}")
"Dip confirmed {{ticker}}")
"Dip active {{ticker}}")
"Dip strength fading {{ticker}}")
"Signal blocked by trend filter {{ticker}}")
User Controls
The CTM offers extensive customization to adapt to different trading styles and preferences:
• Signal Settings – Toggle the signal spine, composite score plot, swing triggers, and bar coloring. Adjust line width for visibility.
• Display Settings – Customize bullish, bearish, and neutral colors to match chart templates.
• Dip-Hunter Settings – Configure volume lookback, spike multipliers, EMA periods, volatility thresholds, dip percentage, and lookback bars.
• Trend Filter – Enable or disable the requirement for a bullish UTT before dip signals are generated.
• Strength & Meter – Toggle bar coloring based on the strength score, adjust the number of meter cells (default 60), and select meter position (e.g., bottom-center).
• Entry Settings – Control entry line visibility, length, and price source (Low, Close, or dip percentage).
Trading Applications
The CTM supports multiple trading strategies, each leveraging its outputs for specific market conditions:
• Trend-Ride Mode – Trade in the direction of the signal spine. Enter long positions on the first "𝕃" marker in a green (bullish) regime, and scale out when the UTT returns to grey (neutral). This is ideal for trend-following traders seeking to capture sustained moves, with the first signal in a new trend regime offering high statistical expectancy.
• Forced Dip Entries – Enable the trend filter and focus on dip signals (green arrows). Place limit orders at the entry line, set stops below the line, and target the midpoint of the prior value area (e.g., using support/resistance levels). This suits mean-reversion traders aiming to buy dips in bullish trends, with clear risk management via entry lines.
• Scalp Confirmation – Hide the signal spine and use bar coloring to identify short-term momentum. Green bars indicate broad buying pressure, while red bars warn against long scalps in oversold conditions. This is useful for intraday scalpers seeking confirmation of momentum before entering trades.
• Event Guardrails – Avoid trading when the heat meter is below -40 before major economic releases (e.g., FOMC, CPI), as spreads and slippage may widen. This enhances risk management by flagging high-risk periods during macroeconomic events.
• Multi-Timeframe Analysis – Apply the CTM on a daily timeframe in a secondary pane and a lower timeframe (e.g., hourly) on the primary chart. Trade only when both timeframes align (e.g., both in bullish regimes). This increases conviction for swing or position traders by confirming trend alignment across timeframes.
Frequently Asked Questions
• How does the CTM differ from a moving-average ribbon? The CTM integrates multiple momentum, volatility, and statistical indicators, using adaptive thresholds and proprietary calculations to respond faster to structural changes while filtering noise more effectively than traditional dual-EMA systems.
• Can the underlying formulas be accessed? No, the script is closed-source, and calculations are protected to preserve intellectual property. Users receive all outputs, alerts, and customizable parameters.
• Does the indicator repaint? No, all calculations use confirmed historical data without look-ahead bias. Entry lines are static from the signal bar.
• Which markets is it suitable for? The CTM is optimized for equities, futures, and cryptocurrencies. Adjust dip percentage and volume multipliers for low-liquidity markets.
• What about latency? The script uses efficient Pine Script functions and lightweight loops, ensuring minimal performance impact.
Limitations and Best Practices
• Market-Specific Tuning – Thinly traded markets may require adjustments to dip percentage and volume thresholds to avoid excessive signals.
• Complementary Tools – Combine the CTM with price action, support/resistance levels, or order flow analysis to confirm signals and avoid over-reliance on the indicator.
• Event Risk – Be cautious during high-impact news events, as volatility spikes may trigger signals that are quickly reversed.
• Trend Filter Use – Enabling the trend filter reduces false dip signals in bearish markets but may delay entries in rapidly reversing markets.
Conclusion
The Composite Trend Trader Module consolidates trend-following, dip-buying, and strength assessment into a single, customizable indicator. By providing clear visual cues, actionable alerts, and flexible settings, it equips traders with a robust framework for navigating various market conditions. While the proprietary calculations remain protected, the CTM’s outputs enable traders to make informed decisions, align strategies with market regimes, and manage risk effectively. Use it as a strategic tool alongside sound risk management and complementary analysis for optimal results.
Two assets correlation trackerHi, I made this simple script to see how two correlated assets are actually performing short-term. The idea comes from correlation between BTC and ETH that that usually stands 0.9 (Pearson's correlation). However Pearson's correlation doesn't indicate the relative price difference and cannot be used trading correlation when used alone.
My approach is simple - we can select the date/time from which we will start tracking the price change, and instead of tracking the price, we track 100 USD worth of BTC and ETH and how this investment perform. This gives us the price difference relative to a point in the near future, I would suggest using latest trend shift, for example.
On example of how this can be used: If we see that BTC is falling slower than ETH since trend shift, we can long BTC and short ETH in equal parts and expect to gain from the difference while hedging potential loss.
SSL FTC WAE SCMTThis strategy employs different indicators to scalp XAUUSD 1 minute using Heikin Ashi candles
Crypto Volatility Panel ProCrypto Volatility Panel Pro
This advanced indicator creates a comprehensive volatility monitoring dashboard that displays real-time volatility metrics for up to 30 cryptocurrency pairs simultaneously. The tool combines sophisticated volatility assessment techniques with leverage-adjusted analysis and heat map visualization to provide enhanced market insights in an organized table format.
Proprietary Methodology
This indicator utilizes a proprietary dual-metric volatility assessment system developed specifically for cryptocurrency market analysis. The methodology combines advanced technical analysis components including price volatility measurements, range position analysis, and leverage scaling algorithms optimized through extensive market testing.
The unique approach enables more accurate volatility assessments across diverse cryptocurrency price ranges and market conditions compared to standard volatility indicators. Specific calculation methods and optimization parameters remain proprietary to maintain competitive advantages.
Core Functionality and Innovation
Unlike standard volatility indicators that focus on single instruments, this tool provides simultaneous multi-asset monitoring with proprietary volatility calculations specifically optimized for cryptocurrency markets. The innovation lies in combining multiple volatility assessment techniques with enhanced leverage scaling algorithms, heat map ranking system, and comprehensive multi-asset dashboard presentation.
The indicator processes data from up to 30 different cryptocurrency pairs, each with independent leverage settings ranging from 0.1x to 10,000x. Users can apply universal leverage across all pairs for consistent analysis scenarios, or customize individual leverage ratios for specific trading strategies.
Visual Organization and Heat Map System
The table displays three primary columns with an advanced heat map ranking system:
Symbol Column: Shows cryptocurrency pair names with dynamic visual indicators (🔥, ⚡, ✅, 💤) representing volatility intensity levels. Each symbol includes its current leverage setting in parentheses for reference. Invalid or unavailable symbols display error indicators (❌) with appropriate error messaging.
Change Percentage Column: Displays leverage-adjusted volatility measurements with both color-coded text and heat map background ranking. Text colors indicate volatility levels (Red for extreme, Yellow for high, Green for moderate, Gray for low), while background heat map colors rank performance relative to all monitored pairs.
Lookback Percentage Column: Shows leverage-adjusted position analysis within recent price ranges with heat map background ranking, indicating market positioning relative to recent highs and lows across all monitored instruments.
Advanced Heat Map Ranking
The proprietary heat map system ranks all enabled pairs in real-time based on their volatility metrics, providing instant visual identification of the most and least volatile instruments:
Hottest (Top 10%): Deep red background indicating highest volatility
Warm (10-20%): Orange-red background for elevated volatility
Medium (20-40%): Yellow background for moderate-high volatility
Cool (40-60%): Green background for moderate volatility
Cold (60-80%): Blue background for low volatility
Sleepy (Bottom 20%): Dark background for minimal volatility
Heat map opacity is fully customizable, and the system can be disabled for users preferring traditional static backgrounds.
Configuration Options
Expanded Pair Selection: Monitor up to 30 cryptocurrency pairs across major exchanges including Bitstamp and Binance. Default selections include established cryptocurrencies (BTC, ETH, SOL) and emerging assets (INJ, NEAR, FTM), with full customization available.
Table Positioning: Nine position options including top/middle/bottom combinations with left/center/right alignment, allowing optimal placement on any chart layout without interfering with price action or other indicators.
Visual Customization: Comprehensive control over table dimensions, frame width, font size, background colors, frame colors, header styling, text colors, and heat map color schemes to match user preferences and chart themes.
Leverage Management: Individual leverage settings for each of the 30 pairs, with optional universal leverage mode that applies consistent multipliers across all enabled pairs. Supports extreme leverage ranges up to 10,000x for advanced risk modelling.
Error Handling: Robust symbol validation with clear error indicators for invalid, unavailable, or misconfigured trading pairs, ensuring reliable operation across different market conditions.
Practical Trading Applications
Multi-Asset Volatility Screening: Identify the most and least volatile cryptocurrency markets in real-time using the heat map ranking system, enabling quick allocation of attention to instruments with the highest potential for profitable moves.
Leverage Risk Assessment: Visualize how different leverage ratios amplify volatility metrics across multiple markets simultaneously, supporting informed position sizing decisions before entering leveraged trades.
Market Timing and Rotation: Use the combination of volatility measurements and heat map rankings to identify optimal entry/exit timing across cryptocurrency markets, facilitating effective portfolio rotation strategies.
Portfolio Diversification: Compare volatility levels and rankings across 30 cryptocurrencies to construct portfolios with desired risk characteristics, balancing high-volatility growth opportunities with stable store-of-value positions.
Risk Management Dashboard: Monitor real-time volatility changes and relative rankings to adjust position sizes, implement protective measures, or reallocate capital when market conditions change significantly.
Technical Implementation
Built using Pine Script v5 with optimized security request handling to minimize performance impact while accessing 30 external data sources simultaneously. The indicator uses efficient array-based data collection, real-time ranking algorithms, and conditional table updates to maintain smooth chart operation.
The heat map system employs dynamic ranking calculations that process all enabled pairs in real-time, sorting values and applying percentile-based color mapping for instant visual feedback. Error handling includes invalid symbol detection and graceful fallback display for unavailable data feeds.
Usage Instructions
Configure Pair Selection: Enable desired cryptocurrency pairs from the 30 available options, organized across three input groups for easy navigation. Set individual leverage values or activate universal leverage mode for consistent multipliers.
Customize Heat Map: Adjust heat map colors and opacity to match your visual preferences and chart theme. The system can be disabled for users preferring static backgrounds.
Position and Style Table: Select optimal table position from nine available options and customize appearance including colors, sizing, and text elements to integrate seamlessly with your trading setup.
Interpret Rankings: Monitor both absolute values and heat map rankings to identify relative performance.
Hottest colors indicate pairs experiencing the highest volatility relative to the monitored universe.
Apply Leverage Context: Use leverage-adjusted values to understand how volatility would affect leveraged positions, remembering these are mathematical projections designed for risk assessment rather than trading signals.
Advanced Features
Dynamic Symbol Processing: The indicator automatically handles symbol validation, displaying clear error messages for invalid or unavailable trading pairs while maintaining operation for valid symbols.
Real-Time Ranking: Heat map colors update dynamically as market conditions change, providing instant visual feedback on shifting volatility patterns across the cryptocurrency universe.
Scalable Monitoring: Users can monitor anywhere from a few key pairs to the full 30-pair universe, with the ranking system automatically adjusting to the number of enabled instruments.
Cross-Exchange Support: Incorporates data from multiple cryptocurrency exchanges to provide comprehensive market coverage and reduce single-source dependency risks.
Limitations and Important Considerations
Proprietary Algorithm: The specific calculation methods are proprietary and not disclosed. Users should evaluate the indicator's output through their own analysis and testing before incorporating it into trading decisions.
Complex Volatility Model: While the proprietary methodology is sophisticated, it represents one approach to volatility assessment and may not capture all forms of market volatility such as gap movements, flash crashes, or news-driven events.
Performance Considerations: Processing data from up to 30 external securities may impact chart loading speed or cause timeouts during periods of high TradingView server load. Users experiencing performance issues should consider reducing the number of enabled pairs.
Leverage Calculations: Leverage adjustments are mathematical projections that assume linear scaling, which may not reflect actual leveraged trading mechanics including margin requirements, funding costs, liquidation risks, and exchange-specific policies.
Market Data Dependencies: Cryptocurrency prices and volatility can vary significantly between exchanges. The indicator's data sources may not represent the specific exchange or trading pair you use, and some feeds may experience gaps or delays during maintenance periods.
Ranking Relativity: Heat map rankings are relative to the enabled pair universe. Rankings will change based on which pairs are monitored and their current market conditions, making absolute interpretations less meaningful than relative comparisons.
Educational Value
This indicator helps traders develop understanding of relative volatility patterns across cryptocurrency markets and the mathematical impact of leverage on risk metrics. The heat map system provides intuitive visualization of market dynamics, helping users identify which assets are experiencing unusual activity relative to their peers.
The tool serves as an educational platform for understanding advanced volatility measurement techniques, relative ranking systems, and multi-asset risk assessment concepts that are crucial for professional cryptocurrency trading and portfolio management.
Performance and Compatibility
The indicator is optimized for cryptocurrency markets but can be adapted to other volatile asset classes by modifying the symbol inputs. Security request limits may occasionally affect data availability, particularly when multiple indicators requesting external data are used simultaneously on the same chart.
The heat map rendering system is designed for efficiency, updating color mappings only when ranking changes occur rather than on every price tick, ensuring smooth chart performance even when monitoring the full 30-pair universe.
Risk Disclaimer: This indicator is designed for educational and analytical purposes only. Volatility calculations are estimates based on historical price data and proprietary mathematical models that are not disclosed. Results do not constitute trading advice or predictions of future price movements. Users should conduct independent analysis to evaluate the indicator's effectiveness before making trading decisions.
Leveraged trading involves substantial risk of loss and may not be suitable for all investors. Always conduct thorough research and consider consulting with qualified financial professionals before making leveraged trading decisions. Cryptocurrency markets are highly volatile and can result in significant losses. Past volatility patterns do not guarantee future market behavior.
This indicator is compatible with all TradingView chart types and timeframes. It is specifically designed for cryptocurrency markets using proprietary algorithms optimized for digital asset volatility characteristics.
Day Trading GPS S&P500 SPX Index Daily Key Levels# Day Trading GPS S&P500 SPX Index Daily Key Levels Indicator
## Description
The Day Trading GPS S&P500 SPX Index Daily Key Levels Indicator (DT-GPS SPX) is a specialized technical tool designed for day traders focusing on trading index options on the CBOE S&P500 SPX index. This indicator provides daily key levels for both the CBOE SPX Index and EIGHTCAP SPX500 CFD, offering traders comprehensive price level analysis and actionable insights.
## Key Features
1. **Dual Market Coverage**:
- CBOE SPX Index levels generation on CBOE SPX chart at 9:30 AM EST
- EIGHTCAP SPX500 CFD levels generation on EIGHTCAP SPX500 at 9:00 AM EST as well as
Preview of CBOE SPX Index levels on EIGHTCAP SPX500 chart at 9:00 AM EST via separate Table Display for CBOE SPX levels
2. **Comprehensive Level Generation**:
- CBOE SPX index Daily Bull/Bear Key Price Level (BB-KPL) - this is the indicator's daily key Bull/Bear Pivot level for the current day's CBOE SPX trading session
- Multiple Support and Resistance Levels (R1-R6, S1-S6) to accommodate low, moderate and high volatility market environments
- Option for user to also display midpoint levels if desired
- Fully customizable display options for each main level as well as midpoint levels
3. **Advanced Visualization**:
- Customizable line colors, styles, and widths
- Zone shading between levels
- Midpoint line calculations and display
4. **Dynamic Reference Tables**:
- Separate tables for CBOE SPX Index and EIGHTCAP SPX500 CFD levels
- Customizable table positioning and appearance
- Real-time level updates
5. **Pre-Market Analysis**:
- Early level generation for the EIGHTCAP SPX500 CFD at 9:00AM EST
- Preview of CBOE SPX index levels at 9:00 AM EST - 30 minutes before before CBOE SPX index market open at 9:30 AM EST via separate table display at 9:00 AM EST for CBOE SPX index on EIGHTCAP SPX500 CFD chart
## Unique Aspects
1. **Market-Specific Timing**:
- Early access to CBOE SPX levels via additional CBOE SPX levels table display on EIGHTCAP SPX500 CFD chart at 9:00 AM EST
- CBOE SPX levels on CBOE SPX chart at CBOE SPX index market open (9:30 AM EST)
2. **Dual Display System**:
- Simultaneous viewing of both EIGHTCAP and CBOE levels
- Comparative analysis capabilities
3. **Precision Adjustment**:
- Automatic level adjustments between CFD and Index values
- Market-specific volatility calculations
## How It Enhances Your Trading
- Access key levels before market open through CFD analysis
- Compare and validate levels across both instruments
- Identify potential support and resistance zones with precision
- Implement sophisticated level-to-level trading strategies
- Manage risk with clearly defined price levels
- Track market structure through multiple timeframes
- Make informed decisions for SPX Index Options Trading with comprehensive level information
## Recommended Setup
For optimal use, it's recommended to run the indicator on two charts simultaneously:
1. EIGHTCAP SPX500 CFD chart for early level generation on chart at 9:00 AM EST - 30 minutes before CBOE SPX index market open at 9:30 AM EST
2. CBOE SPX Index chart for levels display on CBOE SPX chart at 9:30 AM EST market open
## Historical Level Analysis Features
**Historical Bull/Bear Key Price Level (BB-KPL)**
The Historical BB-KPL serves as a critical reference point for measuring value and potential price extensions in the market. By analyzing past BB-KPL interactions, traders can better anticipate future price behavior and make more informed decisions about entries and exits.
**Historical Support and Resistance Levels**
These dynamic levels provide crucial insights into market extension and momentum conditions, with levels further from the BB-KPL indicating potential reversal zones while also signaling strong trend conditions. Historical analysis of these levels helps traders identify high-probability trading opportunities by understanding how price has previously reacted at similar extensions from value.
## Note
This indicator is specifically designed for day trading index options on the CBOE S&P500 SPX index. It requires appropriate data subscriptions for both CBOE indices and CFDs on TradingView. The indicator works best on timeframes of 30 minutes or less and should be used in conjunction with proper risk management practices. Past performance does not guarantee future results.
Currency Weekend - shading weekend trading// ─────────────────────────────────────────────────────────────────────────────
// © 2025, Steve / Steven Anthony – "Currency Weekend"
// This script highlights the low-liquidity weekend window that often affects
// both fiat currency markets and cryptocurrencies like Bitcoin.
//
// ╭─────────────────────────────── DESCRIPTION ───────────────────────────────╮
// | This indicator shades a customizable time window on your chart, |
// | originally set to highlight the **forex weekend lull** from |
// | **Friday 21:00 UTC to Sunday 21:00 UTC**, when traditional fiat |
// | currency markets close. |
// | |
// | Traders who observe Bitcoin, Ethereum, or other crypto assets may |
// | notice reduced liquidity or increased erratic moves during this time, |
// | due to overlapping behaviors from professional forex traders who |
// | trade both markets. |
// ╰──────────────────────────────────────────────────────────────────────────╯
//
// 🔧 Flexible Configuration:
// - Define your own start and end **day + time** for shading
// - Useful for shading other custom quiet periods or session transitions
//
// 💡 Use Cases:
// - Avoid trading during low-liquidity periods
// - Spot potential weekend traps or price gaps
// - Align crypto behavior with fiat market hours
//
// 📍 Default Settings:
// - Start: Friday 21:00 UTC
// - End: Sunday 21:00 UTC
//
// Timezone is normalized to the chart’s timezone for seamless integration.
//
// ─────────────────────────────────────────────────────────────────────────────
Advanced Forex Currency Strength Meter
# Advanced Forex Currency Strength Meter
🚀 The Ultimate Currency Strength Analysis Tool for Forex Traders
This sophisticated indicator measures and compares the relative strength of major currencies (EUR, GBP, USD, JPY, CHF, CAD, AUD, NZD) to help you identify the strongest and weakest currencies in real-time, providing clear trading signals based on currency strength differentials.
## 📊 What This Indicator Does
The Advanced Forex Currency Strength Meter analyzes currency relationships across 28+ major forex pairs and 8 currency indices to determine which currencies are gaining or losing strength. Instead of relying on individual pair analysis, this tool gives you a bird's-eye view of the entire forex market, helping you:
Identify the strongest and weakest currencies at any given time
Find high-probability trading opportunities by pairing strong vs weak currencies
Avoid ranging markets by detecting when currencies have similar strength
Get clear LONG/SHORT/NEUTRAL signals for your current trading pair
Optimize your trading strategy based on your preferred timeframe and holding period
## ⚙️ How The Indicator Works
### Dual Calculation Method
The indicator uses a sophisticated dual approach for maximum accuracy:
Pairs-Based Analysis: Calculates currency strength from 28+ major forex pairs (EURUSD, GBPUSD, USDJPY, etc.)
Index-Based Analysis: Incorporates official currency indices (DXY, EXY, BXY, JXY, CXY, AXY, SXY, ZXY)
Weighted Combination: Blends both methods using smart weighting for enhanced accuracy
### Smart Auto-Optimization System
The indicator automatically adjusts its parameters based on your chart timeframe and intended holding period:
The system recognizes that scalping requires different sensitivity than swing trading, automatically optimizing lookback periods, analysis timeframes, signal thresholds, and index weights.
### Strength Calculation Process
Fetches price data from multiple timeframes using optimized tuple requests
Calculates percentage change over the specified lookback period
Optionally normalizes by ATR (Average True Range) to account for volatility differences
Combines pair-based and index-based calculations using dynamic weighting
Generates relative strength by comparing base currency vs quote currency
Produces clear trading signals when strength differential exceeds threshold
## 🎯 How To Use The Indicator
### Quick Start
Add the indicator to any forex pair chart
Enable 🧠 Smart Auto-Optimization (recommended for beginners)
Watch for LONG 🚀 signals when the relative strength line is green and above threshold
Watch for SHORT 🐻 signals when the relative strength line is red and below threshold
Avoid trading during NEUTRAL ⚪ periods when currencies have similar strength
Note: This is highly recommended to couple this indicator with fundamental analysis and use it as an extra signal.
### 📋 Parameters Reference
#### 🤖 Smart Settings
🧠 Smart Auto-Optimization: (Default: Enabled) Automatically optimizes all parameters based on chart timeframe and trading style
#### ⚙️ Manual Override
These settings are only active when Smart Auto-Optimization is disabled:
Manual Lookback Period: (Default: 14) Number of periods to analyze for strength calculation
Manual ATR Period: (Default: 14) Period for ATR normalization calculation
Manual Analysis Timeframe: (Default: 240) Higher timeframe for strength analysis
Manual Index Weight: (Default: 0.5) Weight given to currency indices vs pairs (0.0 = pairs only, 1.0 = indices only)
Manual Signal Threshold: (Default: 0.5) Minimum strength differential required for trading signals
#### 📊 Display
Show Signal Markers: (Default: Enabled) Display triangle markers when signals change
Show Info Label: (Default: Enabled) Show comprehensive information label with current analysis
#### 🔍 Analysis
Use ATR Normalization: (Default: Enabled) Normalize strength calculations by volatility for fairer comparison
#### 💰 Currency Indices
💰 Use Currency Indices: (Default: Enabled) Include all 8 currency indices in strength calculation for enhanced accuracy
#### 🎨 Colors
Strong Currency Color: (Default: Green) Color for positive/strong signals
Weak Currency Color: (Default: Red) Color for negative/weak signals
Neutral Color: (Default: Gray) Color for neutral conditions
Strong/Weak Backgrounds: Background colors for clear signal visualization
### 🧠 Smart Optimization Profiles
The indicator automatically selects optimal parameters based on your chart timeframe:
#### ⚡ Scalping Profile (1M-5M Charts)
For positions held for a few minutes:
Lookback: 5 periods (fast/sensitive)
Analysis Timeframe: 15 minutes
Index Weight: 20% (favor pairs for speed)
Signal Threshold: 0.3% (sensitive triggers)
#### 📈 Intraday Profile (10M-1H Charts)
For positions held for a few hours:
Lookback: 12 periods (balanced sensitivity)
Analysis Timeframe: 4 hours
Index Weight: 40% (balanced approach)
Signal Threshold: 0.4% (moderate sensitivity)
#### 📊 Swing Profile (4H-Daily Charts)
For positions held for a few days:
Lookback: 21 periods (stable analysis)
Analysis Timeframe: Daily
Index Weight: 60% (favor indices for stability)
Signal Threshold: 0.5% (conservative triggers)
#### 📆 Position Profile (Weekly+ Charts)
For positions held for a few weeks:
Lookback: 30 periods (long-term view)
Analysis Timeframe: Weekly
Index Weight: 70% (heavily favor indices)
Signal Threshold: 0.6% (very conservative)
### Entry Timing
Wait for clear LONG 🚀 or SHORT 🐻 signals
Avoid trading during NEUTRAL ⚪ periods
Look for signal confirmations on multiple timeframes
### Risk Management
Stronger signals (higher relative strength values) suggest higher probability trades
Use appropriate position sizing based on signal strength
Consider the trading style profile when setting stop losses and take profits
💡 Pro Tip: The indicator works best when combined with your existing technical analysis. Use currency strength to identify which pairs to trade, then use your favorite technical indicators to determine when to enter and exit.
## 🔧 Key Features
28+ Forex Pairs Analysis: Comprehensive coverage of major currency relationships
8 Currency Indices Integration: DXY, EXY, BXY, JXY, CXY, AXY, SXY, ZXY for enhanced accuracy
Smart Auto-Optimization: Automatically adapts to your trading style and timeframe
ATR Normalization: Fair comparison across different currency pairs and volatility levels
Real-Time Signals: Clear LONG/SHORT/NEUTRAL signals with visual markers
Performance Optimized: Efficient tuple-based data requests minimize external calls
User-Friendly Interface: Simplified settings with comprehensive tooltips
Multi-Timeframe Support: Works on any timeframe from 1-minute to monthly charts
Transform your forex trading with the power of currency strength analysis! 🚀
Titan Wick Zone IndicatorThe Titan Wick Zone Indicator visually highlights the upper and lower wick regions of each candlestick on your chart, helping traders instantly identify areas where price was aggressively rejected (top wick) or absorbed (bottom wick). The indicator fills the area above the candle body to the wick high in red (sell zone), and the area below the candle body to the wick low in green (buy zone), both with adjustable opacity for clear visibility.
How to Use:
Spot Rejection and Absorption:
The red-filled upper wick zone marks where upward price moves were sharply rejected by sellers, often indicating supply, resistance, or “stop hunt” zones.
The green-filled lower wick zone marks where downward price moves were absorbed by buyers, pointing to potential demand, support, or accumulation zones.
Enhance Price Action Analysis:
Use these zones to avoid entering trades at price extremes, spot potential reversals, and find areas of confluence with support/resistance, Fibonacci levels, or order blocks.
Risk Management:
The indicator helps visualize where liquidity hunts or false breakouts may occur, so you can better place stop losses outside of volatile wick zones.
Ideal For:
Price action traders, scalpers, and swing traders seeking a visual edge in spotting supply/demand dynamics, liquidity zones, and wick-driven traps.
Hunting Bollinger Bands for scalping📌 Bollinger Band Reversal BUY/SELL Indicator
Name: Hunting Bollinger Bands for scalping
Purpose: Displays reversal signals for short-term scalping in range-bound markets.
Target Users: Scalpers and day traders, especially for trading Gold (XAU/USD).
Recommended Target: Works well for scalping approximately $3 price movements on Gold.
Core Logic:
Detects excessive price deviation using Bollinger Bands (±2σ).
Filters out excessive signals with a bar interval limiter.
Displays clear and simple BUY/SELL labels for entry timing.
📌 Signal Conditions
BUY
Price closes below the Lower Bollinger Band.
At least the specified number of bars has passed since the previous signal.
Displays a “BUY” label below the bar.
SELL
Price closes above the Upper Bollinger Band.
At least the specified number of bars has passed since the previous signal.
Displays a “SELL” label above the bar.
📌 Parameters
Parameter Description Default
Bollinger Band Length (bbLength) Period for Bollinger Band calculation 20
Standard Deviation (bbStdDev) Standard deviation multiplier for band width 2.0
Signal Interval (barLimit) Minimum bar interval to avoid repeated signals 10
📌 How to Use
Add the indicator to your chart; Bollinger Bands and BUY/SELL labels will appear.
When a signal appears, confirm price reaction and enter a scalp trade (around $3 for Gold is recommended).
Adjust the “Signal Interval (barLimit)” to control signal frequency.
Avoid using it during high-impact news events or strong trending markets.
📌 Best Market Conditions
Range-bound markets
Scalping small price movements (~$3)
Low-volatility sessions (e.g. Asian session for Gold)
📌 Notes
May generate frequent signals during strong trends, leading to potential losses.
Can be combined with other indicators (e.g. 200 MA, RSI, VWAP) for higher accuracy.
Signals are for reference only and should not be used as the sole trading decision factor.
📌 ボリンジャーバンド逆張りBUY/SELL インジケーター解説
名前：Hunting Bollinger Bands for scalping
目的：レンジ相場での短期的な反発を狙った逆張りシグナルを表示
対象ユーザー：スキャルピングやデイトレードで、特にゴールド(XAU/USD)での小幅な値動きを狙うトレーダー
推奨利幅：ゴールドでおよそ 3ドル前後 を目安にスキャルピングを行うと有効
メインロジック：
ボリンジャーバンド（±2σ）で過剰な価格乖離を検出
バー間隔フィルターで過剰シグナルを制御
BUY/SELLラベルで視覚的にシンプルなエントリーポイントを表示
📌 シグナル条件
BUY（買いシグナル）
現在価格が ボリンジャーバンド下限（Lower Band）を下回った時
前回シグナルから指定したバー数以上経過
この条件を満たした場合、ローソク足下に「BUY」ラベルを表示します。
SELL（売りシグナル）
現在価格が ボリンジャーバンド上限（Upper Band）を上回った時
前回シグナルから指定したバー数以上経過
この条件を満たした場合、ローソク足上に「SELL」ラベルを表示します。
📌 パラメータ
項目 説明 初期値
ボリンジャーバンド期間 (bbLength) ボリンジャーバンド計算の期間 20
標準偏差 (bbStdDev) バンド幅を決める標準偏差 2.0
シグナル間隔 (barLimit) シグナルの連続表示を防止する最小バー間隔 10
📌 使い方
インジケーターをチャートに追加すると、ボリンジャーバンドとBUY/SELLラベルが表示されます
シグナルが出たら、反発確認後にスキャルピングエントリー（ゴールドなら約3ドルを目安に）
「シグナル間隔（barLimit）」を調整して、シグナルの過剰表示を防ぐ
経済指標発表や強いトレンド発生時は使用を控える
📌 このインジケーターが向いている相場
レンジ相場
小さな値幅（約3ドル前後）を狙うスキャルピング
トレンドが弱い横ばいの時間帯（例：アジア時間のゴールドなど）
📌 注意点
強いトレンド相場では、逆張りシグナルが連続的に発生し、損切りが増える可能性あり
200MAやRSI、VWAPなど他の指標と組み合わせることで精度を高められる
シグナルは参考用であり、単独での売買判断は推奨されない
Trend Reversals(Mastersinnifty)Description
The Trend Reversals (Mastersinnifty) indicator highlights potential turning points in price direction using an ATR-based trailing stop mechanism. It provides clear trend reversal signals on the chart to help traders identify possible entry or exit points based on price behavior and volatility.
How It Works
This indicator applies a custom trailing stop logic inspired by SuperTrend-style mechanisms. It uses the Average True Range (ATR) to dynamically calculate upper and lower stop levels and monitors for price breaches that may indicate a shift in trend direction.
Trend change signals are plotted using conditional logic that compares price behavior against trailing levels, with labels appearing:
Below candles for bullish reversals
Above candles for bearish reversals
Inputs
Value for trend change – Threshold in % used to filter valid reversal signals.
ATR Periods – Number of bars for ATR calculation (internally fixed at 1 in the script).
Multiplier – Determines the sensitivity of the trailing bands (set internally).
Change ATR Type – Allows switching between standard ATR and SMA-based True Range.
Use Case
This tool is ideal for:
Spotting trend reversals early in intraday or swing trades.
Filtering false breakouts using volatility-adjusted thresholds.
Combining with other indicators like volume or oscillators for confirmation.
Use on trending instruments to ride swings more efficiently.
Disclaimer
This indicator is a technical analysis tool and does not guarantee any specific outcome. Always use with proper risk management and in conjunction with other forms of analysis. The author is not responsible for any financial losses incurred through the use of this script.
Зміщена MA з урахуванням волатильності (ATR) Long,ShortThis indicator displays a moving average (MA) line adjusted with volatility (ATR) to define dynamic long and short entry zones.
MACD Indicator [CongTrader]📄 Full Description for Publishing — Advanced MACD Indicator
🔍 Advanced MACD Indicator with Alerts & Visual Zones
This advanced MACD indicator is designed for traders who want enhanced visual clarity, precision, and alert-based trading using the classic MACD formula. It features:
Customizable MACD, Signal, and Histogram lengths
Clean plotting with bullish/bearish crossover highlights
Colored histogram bars based on momentum direction
Alert conditions when MACD crosses above or below Signal
Optional zero-line display and background highlights
🛠️ How to Use:
Use default settings (12, 26, 9) or customize for faster/slower signals
Green histogram = bullish momentum, Red = bearish
Background turns green when MACD crosses above signal (buy cue)
Background turns red when MACD crosses below signal (sell cue)
Histogram bars increase or decrease as momentum strengthens or fades
This tool helps identify:
Momentum shifts
Trend continuation or reversal zones
Entry/exit timing with alerts
Works on:
Any timeframe
All markets (Crypto, Forex, Stocks, Futures)
🔔 Alerts Included:
📈 MACD Bullish Crossover → Triggered when MACD crosses above the Signal line
📉 MACD Bearish Crossover → Triggered when MACD crosses below the Signal line
You can enable these alerts via the TradingView alert system for real-time notifications.
🔎 SEO Keywords (for discovery):
MACD, MACD Histogram, MACD Alert, MACD Signal, MACD Indicator, Momentum Indicator, Advanced MACD, MACD Trading, MACD Visual, MACD Tool, MACD Buy Sell, CongTrader
🙏 Thank You
If you enjoy using this indicator, feel free to leave a thumbs up 👍, comment your thoughts, or follow me for more free trading tools. Your support keeps the community growing!
⚠️ Disclaimer
This script is for educational purposes only and does not constitute financial advice. All trading involves risk. Use this indicator with your own analysis and discretion.
✍️ Created by CongTrader — sharing quality tools for the global trading community..
RSI OB/OS Alert Indicator[CongTrader]📌 RSI OB/OS Alert Indicator by CongTrader
This is a simple yet powerful Relative Strength Index (RSI) indicator designed to help traders identify potential overbought and oversold market conditions using dynamic alerts and clean visual highlights.
🛠️ How to Use
RSI Length: Adjustable (default = 14).
Overbought Level (default = 75): When RSI crosses above this, price may be overextended.
Oversold Level (default = 25): When RSI drops below this, price may be undervalued.
Background will turn green for oversold zones and red for overbought zones.
Use alerts to get notified when RSI enters these critical zones — no need to watch the chart 24/7.
This tool is suitable for:
Scalping
Swing Trading
Range-bound Markets
Momentum Reversals
Works on any timeframe and any asset (Forex, Crypto, Stocks, Indices, Futures).
🔔 Alerts Included
“RSI Overbought” → Triggered when RSI crosses above the overbought level.
“RSI Oversold” → Triggered when RSI crosses below the oversold level.
Setup your alert by right-clicking on the chart or using the TradingView alert panel.
💬 Keywords (for search visibility)
RSI, RSI Alert, RSI Overbought, RSI Oversold, Momentum Indicator, Reversal Signal, RSI Trading, Crypto RSI, Scalping RSI, RSI Tool, RSI Visual, RSI Zones, Technical Indicator, CongTrader
🙏 Thank You
If you find this indicator useful, feel free to give it a thumbs up 👍 or comment below. Your support helps independent script developers like me continue to share free and open-source tools with the community!
⚠️ Disclaimer
This script is for educational purposes only and does not constitute financial advice. Always perform your own research before making trading decisions. Use this tool at your own risk.
✍️ Developed by CongTrader | Follow for more free indicators & tools.
Trend Strength Index [Alpha Extract]The Trend Strength Index leverages Volume Weighted Moving Average (VWMA) and Average True Range (ATR) to quantify trend intensity in cryptocurrency markets, particularly Bitcoin. The combination of VWMA and ATR is particularly powerful because VWMA provides a more accurate representation of the market's true average price by weighting periods of higher trading volume more heavily—capturing genuine momentum driven by increased participation rather than treating all price action equally, which is crucial in volatile assets like Bitcoin where volume spikes often signal institutional interest or market shifts.
Meanwhile, ATR normalizes this measurement for volatility, ensuring that trend strength readings remain comparable across different market conditions; without ATR's adjustment, raw price deviations from the mean could appear artificially inflated during high-volatility periods (like during news events or liquidations) or understated in low-volatility sideways markets, leading to misleading signals. Together, they create a volatility-adjusted, volume-sensitive metric that reliably distinguishes between meaningful trend developments and noise.
This indicator measures the normalized distance between price and its volume-weighted mean, providing a clear visualization of trend strength while accounting for market volatility. It helps traders identify periods of strong directional movement versus consolidation, with color-coded gradients for intuitive interpretation.
🔶 CALCULATION
The indicator processes price data through these analytical stages:
Volume Weighted Moving Average: Computes a smoothed average weighted by trading volume
Volatility Normalization: Uses ATR to account for market volatility
Distance Measurement: Calculates absolute deviation between current price and VWMA
Strength Normalization: Divides price deviation by ATR for a volatility-adjusted metric
Formula:
VWMA = Volume-Weighted Moving Average of Close over specified length
ATR = Average True Range over specified length
Price Distance = |Close - VWMA|
Trend Strength = Price Distance / ATR
🔶 DETAILS Visual Features:
VWMA Line: Blue line overlay on the price chart representing the volume-weighted mean
Trend Strength Area: Histogram-style area plot with dynamic color gradient (red for weak trends, transitioning through orange and yellow to green for strong trends)
Threshold Line: Horizontal red line at the customizable Trend Enter level
Background Highlight: Subtle green background when trend strength exceeds the enter threshold for strong trend visualization
Alert System: Triggers notifications for strong trend detection
Interpretation:
0-Weak (Red): Minimal trend strength, potential consolidation or ranging market
Mid-Range (Orange/Yellow): Building momentum, watch for breakout potential
At/Above Enter Threshold (Green): Strong trend conditions, potential for continued directional moves
Threshold Crossing: Trend strength crossing above the enter level signals increasing conviction in the current direction
Color Transitions: Gradual shifts from warm (red/orange) to cool (green) tones indicate strengthening trends
🔶 EXAMPLES
Strong Trend Entry: When trend strength crosses above the enter threshold (e.g., 1.2), it identifies the onset of a powerful move where price deviates significantly from the mean.
Example: During a rally, trend strength rising from yellow (around 1.0) to green (1.2+) often precedes sustained upward momentum, providing entry opportunities for trend followers.
Consolidation Detection: Low trend strength values in red shades (below 0.5) highlight periods of low volatility and mean reversion potential.
Example: After a sharp sell-off, persistent red values signal a likely sideways phase, allowing traders to avoid whipsaws and wait for orange/yellow transitions as a precursor to recovery.
Volatility-Adjusted Pullbacks: In volatile markets, the ATR component ensures trend strength remains accurate; a dip back to yellow from green during minor corrections can indicate healthy pullbacks within a strong trend.
Example: Trend strength briefly falling to yellow levels (e.g., 0.8-1.1) after hitting green provides profit-taking signals without invalidating the overall bullish bias if the VWMA holds as support.
Threshold Alert Integration: The alert condition combines strength value with the enter threshold for timely notifications.
Example: Receiving a "Strong Trend Detected" alert when the area plot turns green helps confirm Bitcoin's breakout from consolidation, aligning with increased volume for higher-probability trades.
🔶 SETTINGS
Customization Options:
Lengths: VWMA length (default 14), ATR length (default 14)
Thresholds: Trend enter (default 1.2, step 0.1), trend exit (default 1.15, for potential future signal enhancements)
Visuals: Automatic color scaling with red at 0, transitioning to green at/above enter threshold
Alert Conditions: Strong trend detection (when strength > enter)
The Trend Strength Index equips traders with a robust, easy-to-interpret tool for gauging trend intensity in volatile markets like Bitcoin. By normalizing price deviations against volatility, it delivers reliable signals for identifying high-momentum opportunities while the gradient coloring and alerts facilitate quick assessments in both trending and choppy conditions.
Z-Score Mean ReversionThe "Mean Reversion Z-Score" indicator is a statistical tool that helps traders identify potential price reversals by measuring how far the current price has deviated from its mean (average) in terms of standard deviations. Here's what it does:
Calculates the Z-score by comparing the current price to its moving average, then dividing by the standard deviation of prices over a specified period (default 14 periods).
Identifies when the price has moved too far from its mean, suggesting a potential reversion opportunity:
Values above +2 indicate overbought conditions (potential sell)
Values below -2 indicate oversold conditions (potential buy)
Generates clear visual signals:
Green triangle (▲) for buy signals when crossing above -2
Red triangle (▼) for sell signals when crossing below +2
Color-coded background for quick visual reference
Plots reference lines at ±1.5 and ±2.0 standard deviations to help gauge the strength of the current trend.
This indicator is particularly useful for range-bound markets and mean reversion trading strategies, helping traders spot potential entry and exit points based on statistical extremes.
Tradeable Candle Detection By Raja SaienTradeable Candle Detection By Raja Saien
Overview:
This advanced candle detection tool is designed to help traders identify high-quality trade setups and avoid fake moves, based on candle structure, volume, and RSI conditions. Unlike many indicators that are limited to specific sessions, this script works across all market sessions, giving you full flexibility to trade 24/7.
🔍 Key Features:
All Session Support (24/7 Trading)
Detects tradeable setups during any time of the day, including Asian, London, New York, and overlapping hours.
No restriction to any specific session — trade when the opportunity is there!
Fake Move Detection 🚫
Identifies candles with long wicks, small bodies, and low volume — typical signs of manipulation or indecision.
Displays a “No Trade Zone – Fake Move” label to help you avoid poor entries.
Real Move Detection ✅
Highlights candles with strong bodies, short wicks, and high volume — ideal conditions for trade entries.
Helps you focus only on high-probability, momentum-driven moves.
RSI-Based Confirmation
Uses RSI to ensure trade entries align with momentum:
Bullish Entry Allowed: Candle is bullish + RSI between 50–75.
Bearish Entry Allowed: Candle is bearish + RSI between 25–50.
Avoid Trades: RSI is overbought/oversold or showing divergence.
Divergence Detection
Detects bearish divergence in bullish setups and bullish divergence in bearish setups — warns against risky entries.
Visual Zones & Candle Highlights
Plots horizontal lines at candle highs/lows and extended zones based on candle range.
Dominant candles are highlighted in black for quick visual spotting.
⚙️ Custom Inputs:
Minimum Body Size Threshold
Wick-to-Body Ratio for Fake Move
Volume Strength Multiplier
Candle Dominance Precision (% of range)
RSI Period and Source
Optional session filter (can be turned off to enable all-session detection)
🛎️ Alerts Included:
✅ Long Entry Confirmed – Strong bullish candle with supporting RSI
✅ Short Entry Confirmed – Strong bearish candle with supporting RSI
🚫 Fake Move Detected – Weak structure + low volume, no trade
🧠 How to Use:
Wait for a dominant black candle to appear.
Read the label to understand:
✅ Green = Trade Allowed
⚠️ Orange = Avoid (due to RSI or divergence)
🚫 Red = Fake Move (stay out)
Combine with support/resistance, SMC, or price action strategy for confluence.
🟢 "Trade any session, any time – with confidence, precision, and control. Powered by Raja Saien."
Built for traders who value smart entries and reliable signals across all time zones.
Price Range Tracker by smaPrice Range Tracker by sma helps traders quickly visualize the current price’s position within a custom price range.
It calculates and displays the highest, lowest, and average price levels over a user-defined period (default: 50 bars).
What it does:
Draws dynamic horizontal lines for the maximum, average, and minimum price levels within the chosen period.
Shows labels next to each level, indicating how far they are from the current price in percentage terms.
Helps traders spot overbought/oversold conditions and potential range breakouts.
How to use:
Adjust the period to fit your timeframe and asset volatility.
Use the percentage distances to assess potential upside/downside from the current price.
Combine with your existing trend or reversal strategies for clearer decisions.
Colors and label distance can be customized to match your chart style.
5 Bollinger Bandstradingview_5_bollinger_bands_updated
Successfully updated the TradingView Pine Script to include a 5th Bollinger Band
with a 500-period setting in light blue color. The script now features 5 complete
Bollinger Band indicators (20, 42, 50, 200, 500 periods) with customizable colors, line
widths, show/hide options, fill areas, and alert conditions. Updated the script title to
"5 Bollinger Bands" and increased the maximum period limit to accommodate the
new longer timeframe.
Innotrade MC Orderflow SignalIn today's volatile markets, relying on a single oscillator often leads to false signals and frustrating trades. The Innotrade MC Orderflow Signal indicator is designed to solve this problem by providing a robust, multi-layered framework for analyzing market momentum and identifying high-confluence trade setups.
Instead of just showing one metric, this tool synthesizes several distinct analytical concepts into a single, intuitive interface. The core of the indicator is a unique Multi-Composite (MC) Oscillator that is visualized as candles. This is then enhanced with confirmation layers, including a Price Trend Filter, a Money Flow Index (MFI), and a Volatility Band (VB) Channel, to ensure signals are contextually relevant and strong.
The Synergy of Components: Why This Combination?
The purpose of this "mashup" is not just to combine popular indicators, but to create a system where each component validates the others, filtering out noise and highlighting only the most probable signals.
1. The MC (Multi-Composite) Orderflow Oscillator:
The foundation is a weighted average of three powerful oscillators: the Detrended Oscillator (DCO), the Relative Strength Index (RSI), and the Stochastic RSI (StochRSI).
Why? Each oscillator has strengths and weaknesses. The RSI is excellent for momentum, the StochRSI for identifying cyclical turning points, and the DCO for highlighting price deviations from a trend. By blending them, we create a smoother, more reliable momentum reading that is less prone to the erratic signals of any single component. Visualizing this as candles (Open, High, Low, Close) makes momentum shifts instantly recognizable.
2. The Price Trend Filter:
This is perhaps the most critical confirmation layer. It checks if the price on your main chart is trading above or below key Moving Averages (e.g., 13/20 EMA).
Why? "The trend is your friend." A buy signal from an oscillator is significantly more reliable if the overarching price trend is also bullish. This filter forces you to align your entries with the dominant market direction, preventing counter-trend trades in strong-trending environments.
3. The Money Flow Index (MFI) & Volatility Band (VB) Channel:
These two layers provide vital context about volume and volatility.
MFI: Adds a volume-weighted dimension to the analysis. A momentum signal is much stronger when confirmed by a surge in buying or selling pressure (as shown by the MFI).
VB Channel: This RSI-based volatility channel helps identify when the market is in a "squeeze" (low volatility) or experiencing a "breakout" (high volatility). Signals are often more potent when they represent a breakout from a period of consolidation.
How to Use This Indicator: The Concept of Confluence
The real power of this indicator is in finding confluence—a scenario where multiple components agree on a market direction. Do not trade every "B" or "S" signal blindly. Instead, use them as a starting point and look for confirmation.
Example of a High-Probability LONG Signal:
A "B" (Buy) signal appears on the oscillator pane.
Check for Confluence:
Trend Filter: Is the price on your main chart trading above both the fast and slow MAs? (The ✅ Price Filter must be enabled).
Oscillator Momentum: Is the green oscillator candle closing above its own yellow moving average?
Volume Confirmation: Is the main oscillator value above the MFI line, suggesting momentum is outpacing raw money flow?
Volatility Context: Is the oscillator breaking above the lower or middle band, showing an expansion in momentum?
The more of these conditions that are met, the stronger the signal.
Example of a High-Probability SHORT Signal:
A "S" (Sell) signal appears on the oscillator pane.
Check for Confluence:
Trend Filter: Is the price on your main chart trading below both the fast and slow MAs?
Oscillator Momentum: Is the red oscillator candle closing below its own yellow moving average?
Volume Confirmation: Is the main oscillator value below the MFI line?
Volatility Context: Is the oscillator breaking below the upper or middle band?
Features at a Glance
Composite Oscillator Candles: An intuitive way to visualize complex momentum data.
Multi-Layered Signal Confirmation: Signals are validated against trend, volume, and volatility for higher accuracy.
Optional Price Trend Filter: A powerful feature to align your trades with the primary market trend.
Integrated MFI and Volatility Bands: Provides at-a-glance context without cluttering your chart with more indicators.
Multi-Timeframe (MTF) Cycle Dashboard: See the oscillator's status (Oversold, Neutral, Overbought) across multiple timeframes simultaneously to gauge the broader market sentiment.
Highly Customizable & Comprehensive Alerts : Create alerts for simple crossovers, confluent signals, MTF cycle alignments, and more, so you never miss a setup.
Summary
The Innotrade MC Orderflow Signal is more than just an indicator; it's a complete decision-support system. It was built to move beyond simplistic signals and provide a nuanced, context-aware view of the market. By requiring confluence between its components, it helps traders exercise discipline and patience, waiting for A+ setups where the trend, momentum, and volume align.
As with any tool, we recommend backtesting and using it in conjunction with your own trading strategy and risk management rules. Happy trading
