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Wave Analysis

Sinusoidal Cycles OscillatorTitle: Sinusoidal Cycles Oscillator – Multi-Cycle Market Indicator Description: Discover market rhythm with the Sinusoidal Cycles Oscillator, a powerful tool for technical analysis and cyclical trading. Three customizable cycles track short, medium, and long-term market oscillations. Cycle 1 serves as the main reference wave with an optional mirror envelope. Cycles 2 & 3 provide supporting harmonics for deeper insight. Composite wave averages all cycles to reveal overall market phase. Features: Fully adjustable periods and amplitude. Visualize tops, bottoms, and turning points at a glance. Oscillator ranges from -1 to +1 with clear threshold guides. Ideal for traders using cycle analysis, harmonic trading, or market timing. Easy-to-read visual overlay and separate panel option. Use it to: Identify potential price reversals. Compare market cycles across multiple timeframes. Enhance timing and entry/exit decisions.
Pine Script® indicator
by egghen
Auto-Fit Growth Trendline# **Theoretical Algorithmic Principles of the Auto-Fit Growth Trendline (AFGT)** ## **🎯 What Does This Algorithm Do?** The Auto-Fit Growth Trendline is an advanced technical analysis system that **automates the identification of long-term growth trends** and **projects future price levels** based on historical cyclical patterns. ### **Primary Functionality:** - **Automatically detects** the most significant lows in regular periods (monthly, quarterly, semi-annually, annually) - **Constructs a dynamic trendline** that connects these historical lows - **Projects the trend into the future** with high mathematical precision - **Generates Fibonacci bands** that act as dynamic support and resistance levels - **Automatically adapts** to different timeframes and market conditions ### **Strategic Purpose:** The algorithm is designed to identify **fundamental value zones** where price has historically found support, enabling traders to: - Identify optimal entry points for long positions - Establish realistic price targets based on mathematical projections - Recognize dynamic support and resistance levels - Anticipate long-term price movements --- ## **🧮 Core Mathematical Foundations** ### **Adaptive Temporal Segmentation Theory** The algorithm is based on **dynamic temporal partition theory**, where time is divided into mathematically coherent uniform intervals. It uses modular transformations to create bijective mappings between continuous timestamps and discrete periods, ensuring each temporal point belongs uniquely to a specific period. **What does this achieve?** It allows the algorithm to automatically identify natural market cycles (annual, quarterly, etc.) without manual intervention, adapting to the inherent periodicity of each asset. The temporal mapping function implements a **discrete affine transformation** that normalizes different frequencies (monthly, quarterly, semi-annual, annual) to a space of unique identifiers, enabling consistent cross-temporal comparative analysis. --- ## **📊 Local Extrema Detection Theory** ### **Multi-Point Retrospective Validation Principle** Local minima detection is founded on **relative extrema theory with sliding window**. Instead of using a simple minimum finder, it implements a cross-validation system that examines the persistence of the extremum across multiple historical periods. **What problem does this solve?** It eliminates false minima caused by temporal volatility, identifying only those points that represent true historical support levels with statistical significance. This approach is based on the **statistical confirmation principle**, where a minimum is only considered valid if it maintains its extremum condition during a defined observation period, significantly reducing false positives caused by transitory volatility. --- ## **🔬 Robust Interpolation Theory with Outlier Control** ### **Contextual Adaptive Interpolation Model** The mathematical core uses **piecewise linear interpolation with adaptive outlier correction**. The key innovation lies in implementing a **contextual anomaly detector** that identifies not only absolute extreme values, but relative deviations to the local context. **Why is this important?** Financial markets contain extreme events (crashes, bubbles) that can distort projections. This system identifies and appropriately weights them without completely eliminating them, preserving directional information while attenuating distortions. ### **Implicit Bayesian Smoothing Algorithm** When an outlier is detected (deviation >300% of local average), the system applies a **simplified Kalman filter** that combines the current observation with a local trend estimation, using a weight factor that preserves directional information while attenuating extreme fluctuations. --- ## **📈 Stabilized Extrapolation Theory** ### **Exponential Growth Model with Dampening** Extrapolation is based on a **modified exponential growth model with progressive dampening**. It uses multiple historical points to calculate local growth ratios, implements statistical filtering to eliminate outliers, and applies a dampening factor that increases with extrapolation distance. **What advantage does this offer?** Long-term projections in finance tend to be exponentially unrealistic. This system maintains short-to-medium term accuracy while converging toward realistic long-term projections, avoiding the typical "exponential explosions" of other methods. ### **Asymptotic Convergence Principle** For long-term projections, the algorithm implements **controlled asymptotic convergence**, where growth ratios gradually converge toward pre-established limits, avoiding unrealistic exponential projections while preserving short-to-medium term accuracy. --- ## **🌟 Dynamic Fibonacci Projection Theory** ### **Continuous Proportional Scaling Model** Fibonacci bands are constructed through **uniform proportional scaling** of the base curve, where each level represents a linear transformation of the main curve by a constant factor derived from the Fibonacci sequence. **What is its practical utility?** It provides dynamic resistance and support levels that move with the trend, offering price targets and profit-taking points that automatically adapt to market evolution. ### **Topological Preservation Principle** The system maintains the **topological properties** of the base curve in all Fibonacci projections, ensuring that spatial and temporal relationships are consistently preserved across all resistance/support levels. --- ## **⚡ Adaptive Computational Optimization** ### **Multi-Scale Resolution Theory** It implements **automatic multi-resolution analysis** where data granularity is dynamically adjusted according to the analysis timeframe. It uses the **adaptive Nyquist principle** to optimize the signal-to-noise ratio according to the temporal observation scale. **Why is this necessary?** Different timeframes require different levels of detail. A 1-minute chart needs more granularity than a monthly one. This system automatically optimizes resolution for each case. ### **Adaptive Density Algorithm** Calculation point density is optimized through **adaptive sampling theory**, where calculation frequency is adjusted according to local trend curvature and analysis timeframe, balancing visual precision with computational efficiency. --- ## **🛡️ Robustness and Fault Tolerance** ### **Graceful Degradation Theory** The system implements **multi-level graceful degradation**, where under error conditions or insufficient data, the algorithm progressively falls back to simpler but reliable methods, maintaining basic functionality under any condition. **What does this guarantee?** That the indicator functions consistently even with incomplete data, new symbols with limited history, or extreme market conditions. ### **State Consistency Principle** It uses **mathematical invariants** to guarantee that the algorithm's internal state remains consistent between executions, implementing consistency checks that validate data structure integrity in each iteration. --- ## **🔍 Key Theoretical Innovations** ### **A. Contextual vs. Absolute Outlier Detection** It revolutionizes traditional outlier detection by considering not only the absolute magnitude of deviations, but their relative significance within the local context of the time series. **Practical impact:** It distinguishes between legitimate market movements and technical anomalies, preserving important events like breakouts while filtering noise. ### **B. Extrapolation with Weighted Historical Memory** It implements a memory system that weights different historical periods according to their relevance for current prediction, creating projections more adaptable to market regime changes. **Competitive advantage:** It automatically adapts to fundamental changes in asset dynamics without requiring manual recalibration. ### **C. Automatic Multi-Timeframe Adaptation** It develops an automatic temporal resolution selection system that optimizes signal extraction according to the intrinsic characteristics of the analysis timeframe. **Result:** A single indicator that functions optimally from 1-minute to monthly charts without manual adjustments. ### **D. Intelligent Asymptotic Convergence** It introduces the concept of controlled asymptotic convergence in financial extrapolations, where long-term projections converge toward realistic limits based on historical fundamentals. **Added value:** Mathematically sound long-term projections that avoid the unrealistic extremes typical of other extrapolation methods. --- ## **📊 Complexity and Scalability Theory** ### **Optimized Linear Complexity Model** The algorithm maintains **linear computational complexity** O(n) in the number of historical data points, guaranteeing scalability for extensive time series analysis without performance degradation. ### **Temporal Locality Principle** It implements **temporal locality**, where the most expensive operations are concentrated in the most relevant temporal regions (recent periods and near projections), optimizing computational resource usage. --- ## **🎯 Convergence and Stability** ### **Probabilistic Convergence Theory** The system guarantees **probabilistic convergence** toward the real underlying trend, where projection accuracy increases with the amount of available historical data, following **law of large numbers** principles. **Practical implication:** The more history an asset has, the more accurate the algorithm's projections will be. ### **Guaranteed Numerical Stability** It implements **intrinsic numerical stability** through the use of robust floating-point arithmetic and validations that prevent overflow, underflow, and numerical error propagation. **Result:** Reliable operation even with extreme-priced assets (from satoshis to thousand-dollar stocks). --- ## **💼 Comprehensive Practical Application** **The algorithm functions as a "financial GPS"** that: 1. **Identifies where we've been** (significant historical lows) 2. **Determines where we are** (current position relative to the trend) 3. **Projects where we're going** (future trend with specific price levels) 4. **Provides alternative routes** (Fibonacci bands as alternative targets) This theoretical framework represents an innovative synthesis of time series analysis, approximation theory, and computational optimization, specifically designed for long-term financial trend analysis with robust and mathematically grounded projections.
Pine Script® indicator
by didaz
Capiba Directional Momentum Oscillator (ADX-based) 🇬🇧 English Summary The Capiba ADX is a momentum oscillator that transforms the classic ADX (Average Directional Index) into a much more intuitive visual tool. Instead of analyzing three separate lines (ADX, DI+, DI-), this indicator consolidates the strength and direction of the trend into a single histogram that oscillates around the zero line. The result is a clear and immediate reading of market sentiment, allowing traders to quickly identify who is in control—buyers or sellers—and with what intensity. How to Interpret and Use the Indicator The operation of the Capiba ADX is straightforward: Green Histogram (Above Zero): Indicates that buying pressure (DI+) is in control. The height of the bar represents the magnitude of the bullish momentum. Taller green bars suggest a stronger uptrend. Red Histogram (Below Zero): Indicates that selling pressure (DI-) is in control. The "depth" of the bar represents the magnitude of the bearish momentum. Lower (more negative) red bars suggest a stronger downtrend. Zero Line (White): This is the equilibrium point. Crossovers through the zero line signal a potential shift in trend control. Crossover Above: Buyers are taking control. Crossover Below: Sellers are taking control. Reference Levels (Momentum Strength) The indicator plots three fixed reference levels to help gauge the intensity of the move: 0 Line: Equilibrium. 100 Line: Signals significant directional momentum. When the histogram surpasses this level, the trend (whether bullish or bearish) is gaining considerable strength. 200 Line: Signals very strong directional momentum, or even potential exhaustion conditions. Moves that reach this level are powerful but may also precede a consolidation or reversal. Usage Strategy Trend Confirmation: Use the indicator to confirm the direction of your analysis. If you are looking for long positions, the Capiba ADX should ideally be green and, preferably, rising. Strength Identification: Watch for the histogram to cross the 100 and 200 levels to validate the strength of a breakout or an established trend. Entry/Exit Signals: A zero-line crossover can be used as a primary entry or exit signal, especially when confirmed by other technical analysis tools. Acknowledgements This indicator is the result of adapting knowledge and open-source codes shared by the vibrant TradingView community.
Pine Script® indicator
by guilhermecapiba
KhoiHV - Bollinger Bands Buy/Sell Area ProBollinger Bands Buy/Sell Area Pro is a professional-grade indicator designed to identify potential trading opportunities based on Bollinger Bands. It highlights dynamic buy and sell areas by combining price action with volatility, helping traders quickly visualize market conditions. ✨ Key Features Automatically plots upper, middle, and lower Bollinger Bands. Marks Buy Areas when price enters oversold zones near the lower band. Marks Sell Areas when price enters overbought zones near the upper band. Configurable inputs for length, source, and multiplier to fit any trading style. Easy-to-read chart visuals with colored zones for instant recognition. 💡 How to Use Look for Buy Areas near the lower band in trending markets to catch potential rebounds. Watch for Sell Areas near the upper band to anticipate possible pullbacks. Combine with volume, momentum, or trend indicators for stronger confirmation. This tool is especially useful for traders who want a clear, visual edge in spotting volatility-based entries and exits without constantly recalculating signals.
Pine Script® indicator
by KhoiHV
Trading bot gridsGuide: Price Lines – Arithmetic vs. Geometric This script draws horizontal price lines (grids) between a start price and an end price. You can choose whether the lines are distributed evenly (arithmetic) or by percentage (geometric). 🔧 Inputs Start Price → Lower or upper boundary of the price range. End Price → Opposite boundary of the price range. Number of Lines → Total number of lines to be drawn between the start and end prices. Distribution → Arithmetic: Fixed USDT distance between each line. Geometric: Fixed percentage distance between each line. Grid Color → Color of the drawn lines. 📈 How it Works The script calculates the lower (lo) and upper (hi) boundaries, regardless of which is entered first. Arithmetic distribution: Each line is spaced by a fixed amount in USDT. Geometric distribution: Each line is spaced by the same percentage difference from the previous one. Lines are created only once at the first bar and remain on the chart. All lines are extended across the entire visible chart. 💡 Tips Useful for Grid Bot backtesting or visualizing price zones. Works for both long and short price ranges. In geometric mode, lines appear closer together near the lower price range and farther apart toward the upper range.
Pine Script® indicator
by Odin7
SD Bands Filtered Signals### SD Bands Filtered Signals: Reversion & Volatility Scanner **Core Description:** The SD Bands Filtered Signals is a tool developed to help traders identify more accurate buy and sell signals in sideways markets, or during periods of low price movement. It utilizes the principles of Standard Deviation (SD) and a Moving Average (MA), with a unique 'signal filtering' system added to reduce unnecessary noise. **Key Features:** * **SD Bands:** Creates upper and lower bands to define price volatility zones, providing a clear overview of market conditions. * **Intelligent Reversal Signals:** Generates specially filtered Buy/Sell signals for a 'Reversion to the Mean' strategy. These signals appear only when the market has low volatility and the price touches the SD Bands. * **Advanced Signal Filtering System:** Uses a **`Cooldown Bars`** variable to set a rest period between signals. This prevents repetitive arrows in the same zone, helping you find the best signal at the most suitable point. * **Fully Customizable:** You can adjust the **`Length`**, **`Multiplier`**, **`Sideways Threshold`**, and **`Cooldown Bars`** to fit your trading style and asset of choice. **How to Use:** * **Buy Signal (Green Arrow Up):** Look for this signal when the market is sideways and the price moves down to touch the lower band (SD Low). * **Sell Signal (Red Arrow Down):** Look for this signal when the market is sideways and the price moves up to touch the upper band (SD High). * **Customization:** You can adjust the **`Cooldown Bars`** value to control the number of arrows. If you want more accurate but fewer signals, increase this value. **Disclaimer:** * This indicator is an **analytical tool only** and is not a 100% guarantee of profit. * It should be used in conjunction with other forms of analysis, such as candlestick patterns, trading volume, and proper risk management. ไทย ชื่ออินดิเคเตอร์ "SD Bands Filtered Signals: Reversion & Volatility Scanner" คำอธิบายหลัก: อินดิเคเตอร์ SD Bands Filtered Signals เป็นเครื่องมือที่ถูกพัฒนาขึ้นเพื่อช่วยให้นักเทรดสามารถระบุสัญญาณซื้อ (Buy) และขาย (Sell) ที่แม่นยำขึ้นในตลาดแบบ Sideways หรือช่วงที่ราคาเคลื่อนที่ในกรอบแคบๆ โดยใช้หลักการของ Standard Deviation (SD) และ Moving Average (MA) และเพิ่มระบบ 'กรองสัญญาณ' ที่เป็นเอกลักษณ์เพื่อลดสัญญาณรบกวน (Noise) ที่ไม่จำเป็นออกไป คุณสมบัติเด่น: * SD Bands: สร้างเส้นขอบบนและล่างเพื่อระบุโซนความผันผวนของราคา ทำให้เห็นภาพรวมของตลาดได้ง่าย * สัญญาณ Reversal อัจฉริยะ: สร้างสัญญาณ Buy/Sell ที่ถูกคัดกรองมาเป็นพิเศษสำหรับกลยุทธ์การกลับตัว (Reversion to the Mean) โดยจะปรากฏเฉพาะเมื่อตลาดมีความผันผวนต่ำและราคาแตะขอบของ SD Bands * ระบบกรองสัญญาณขั้นสูง: ใช้ตัวแปร Cooldown Bars เพื่อกำหนดระยะเวลาพักสัญญาณ ทำให้ไม่เกิดลูกศรซ้ำๆ ในโซนเดียวกัน และช่วยให้คุณได้สัญญาณที่ดีที่สุดในจุดที่เหมาะสมที่สุด * ปรับแต่งได้เต็มที่: คุณสามารถปรับค่า Length, Multiplier, Sideways Threshold และ Cooldown Bars เพื่อให้เข้ากับสไตล์การเทรดและคู่สินทรัพย์ที่คุณสนใจ วิธีการใช้งาน: * สัญญาณ Buy (ลูกศรสีเขียวขึ้น): มองหาสัญญาณนี้เมื่อตลาดอยู่ในช่วง Sideways และราคาวิ่งลงมาแตะเส้นขอบล่าง (SD Low) * สัญญาณ Sell (ลูกศรสีแดงลง): มองหาสัญญาณนี้เมื่อตลาดอยู่ในช่วง Sideways และราคาวิ่งขึ้นไปแตะเส้นขอบบน (SD High) * การปรับแต่ง: คุณสามารถปรับค่า Cooldown Bars เพื่อให้ได้จำนวนลูกศรที่ต้องการ หากต้องการสัญญาณที่แม่นยำขึ้นแต่จำนวนน้อยลง ให้เพิ่มค่านี้ให้สูงขึ้น ข้อควรระวัง: * อินดิเคเตอร์นี้เป็นเพียงเครื่องมือวิเคราะห์ ไม่ใช่สัญญาณที่การันตีผลกำไร 100% * ควรใช้ประกอบกับการวิเคราะห์อื่นๆ เช่น รูปแบบแท่งเทียน, ปริมาณการซื้อขาย (Volume) และการจัดการความเสี่ยงที่เหมาะสม
Pine Script® indicator
by Mr-7TRILL
Smooth Cloud + RSI Liquidity Spectrum + Zig Zag Volume ProfileSmooth Cloud + RSI Liquidity Spectrum + Zig Zag++ Volume Profile" Indicator | Advanced Trend & Liquidity Analysis. --- 📌 Key Features & Enhancements (Zig Zag++) This advanced indicator combines **trend-following moving averages, RSI momentum with liquidity factors, and an improved Zig Zag++ algorithm with volume profiling** for precise swing detection. 🔹 Zig Zag++ Upgrades: ✅ **Dynamic Reversal Detection** – Adapts to volatility using percentage-based pivots. ✅ **Volume-Weighted Swing Points** – Highlights high-liquidity turning points. ✅ **Multi-Timeframe Confirmation** – Uses historical pivots for stronger signals. ✅ **Volume Profile Clustering** – Reveals key support/resistance zones based on traded volume. --- 📊 Indicator Components Breakdown 1️⃣ Smooth Cloud (Trend Filter) - **Fast MA (20-period) & Slow MA (50-period)** – Configurable as EMA, SMA, or WMA. - **Cloud Coloring** – Green when fast MA > slow MA (bullish), red otherwise (bearish). - **Purpose**: Acts as a trend filter—only take trades in the direction of the cloud. 2️⃣ RSI Liquidity Spectrum (Momentum + Volume) - **RSI (14-period default)** – Standard momentum oscillator. - **Liquidity-Adjusted Momentum** = `(RSI + ROC(RSI,3)) * (Volume / SMA(Volume, RSI Length))` - **Purpose**: Identifies overbought/oversold conditions with volume confirmation (high volume = stronger signal). 3️⃣ Zig Zag++ (Swing Detection & Volume Profiling) 📈 Zig Zag Logic:** - **Percentage-Based Reversals** (default: 5%) – Only plots swings exceeding this threshold. - **Pivot Tracking** – Stores price & bar index of each swing point in arrays. - **Dynamic Line Drawing** – Connects swing points with yellow trendlines. 📊 Volume Profile at Swings: - **Lookback Period** (200 bars default) – Analyzes volume distribution between Zig Zag turns. - **10-Price Bin Clustering** – Splits the price range into 10 levels and calculates traded volume at each. - **Transparency Scaling** – Higher volume zones appear darker (stronger support/resistance). --- 🎯 Step-by-Step Trading Strategies 📈 Strategy 1: Trend-Following with RSI Liquidity Confirmation** 1. **Enter Long** when: - Smooth Cloud is **green** (fast MA > slow MA). - RSI Liquidity Momentum crosses above **30** (bullish momentum + volume). - Price pulls back to the **Volume Profile high-volume zone** (demand area). 2. **Enter Short** when: - Smooth Cloud is **red** (fast MA < slow MA). - RSI Liquidity Momentum crosses below **70** (bearish momentum + volume). - Price rallies into the **Volume Profile high-volume zone** (supply area). 3. **Exit** when: - Zig Zag++ detects a new reversal (5% move against position). - RSI Liquidity Momentum crosses back mid-level (50). --- 📉 Strategy 2: Swing Trading with Zig Zag++ Pivots** 1. **Buy at Swing Lows** when: - Zig Zag++ prints a **higher low** (bullish structure). - Volume Profile shows **strong absorption** (high volume at the low). - RSI Liquidity Momentum is rising from oversold (<30). 2. **Sell at Swing Highs** when: - Zig Zag++ prints a **lower high** (bearish structure). - Volume Profile shows **distribution** (high volume at the top). - RSI Liquidity Momentum is falling from overbought (>70). 3. **Stop Loss**: - Below the recent Zig Zag low (for longs). - Above the recent Zig Zag high (for shorts). --- 📌 Additional Enhancements (Pro Tips)** - **Combine with Higher Timeframe (HTF) Cloud** – Use a 4H/1D cloud to filter trades. - **Divergence Detection** – Hidden bullish/bearish divergences between Zig Zag & RSI Liquidity. - **Volume Spike Confirmation** – Only trade if volume exceeds SMA(volume, 20) at reversal points. --- 🚀 Conclusion This **all-in-one indicator** provides: ✔ **Trend direction** (Smooth Cloud) ✔ **Momentum + Liquidity strength** (RSI Spectrum) ✔ **Precise swing points** (Zig Zag++) ✔ **Volume-based S/R zones** (Profile Clustering) Best used on **15M-4H timeframes** for swing/day trading. Adjust parameters based on asset volatility.
Pine Script® indicator
by Markking77
3
Auto Channel [SciQua]Auto Channel Purpose Auto Channel finds the single best parallel price channel from recent price action and keeps it updated in real time. It uses ZigZag pivots to build candidate channels, scores each candidate for quality, then plots the winner. When price closes outside the channel, the script flags a breakout and can fire alerts. How it works 1. ZigZag pivots The script uses TradingView’s TradingView/ZigZag/7 library to generate a stream of swing highs and lows based on a percentage reversal threshold and a leg depth. These pivots are the only points the channel logic evaluates, which keeps the search fast and focused on structure rather than noise. 2. Channel candidates From the most recent pivots, the script forms all combinations of two swing highs and two swing lows. It computes a slope for the high line and a slope for the low line and requires that they be nearly parallel within a user-defined tolerance. 3. Quality scoring and selection For every valid candidate, the script checks the recent pivot segments against the trial channel and computes: Inside ratio: fraction of tested pivots that sit fully inside the channel after applying the tolerance buffer. Violation sum: total magnitude of the breaches for any pivots outside the channel. Current width: distance between upper and lower lines at the current bar. The “best” channel is chosen by: 1. highest inside ratio 2. then widest current width 3. then smallest violation sum 4. Plot and projection The upper and lower lines are anchored to the chosen pivot pairs and extend to the left. The script also projects each line to the current bar to compute the live upper and lower channel prices. Those levels drive the breakout checks and alerts. 5. Breakouts and alerts A breakout is detected when the bar closes above the projected upper line or closes below the projected lower line, after applying the tolerance buffer. Triangle markers highlight fresh breakouts, and you can enable alert conditions to automate notification or strategy handoff. Inputs: ZigZag Price deviation for reversals (%) Default 0.2. Larger values produce fewer, larger swings. Smaller values produce more, smaller swings. Pivot legs Default 2. Controls the lookback depth ZigZag uses to confirm pivots. ZigZag Color Visual only. Tip: If you are not seeing a stable channel, increase the ZigZag percentage to reduce minor swings. Channel search Number of recent pivots to consider Default 12. Higher values search more history and try more channel combinations. Lower values make the search faster and more reactive. Max slope difference for parallel Default 0.0005. Maximum allowed difference between the upper and lower line slopes. Smaller values enforce stricter parallelism. Max price tolerance outside channel Default 0.0. A buffer added to the channel boundaries during validation and breakout checks. Use this to ignore tiny wicks that poke the lines. Minimum inside to outside pivots ratio for valid channel (0.00–1.00) Default 1.00. Require that at least this fraction of checked pivots lie inside the channel. For a more permissive fit, try 0.60 to 0.85. Styling Upper Line Color Lower Line Color Breakout Above Color Breakout Below Color Plots and visuals Upper channel line Lower channel line Triangle markers on the bar that first confirms a close outside the channel, above or below. Lines extend left from their pivot anchors. Projection to the current bar is used internally to test for breakouts and to set alerts. Alerts The script defines two alert conditions: Close Above Channel Triggers when the bar closes above the projected upper line plus tolerance. Close Below Channel Triggers when the bar closes below the projected lower line minus tolerance. Practical usage Trend channels In a steady trend, a high inside ratio with a moderate width often highlights the dominant channel. Consider trend entries near the lower line in an uptrend or near the upper line in a downtrend, with exits or stops beyond the opposite boundary. Breakout trades Combine the channel breakout alert with volume or a separate momentum filter. The tolerance input helps avoid false triggers from small wicks. Tuning for timeframe and symbol • Faster markets or lower timeframes usually benefit from a larger ZigZag percentage and a smaller pivot count. • Slower markets or higher timeframes can use more pivots and a tighter slope difference to enforce cleaner geometry. Notes and limitations Channels are derived from ZigZag pivots. If your ZigZag settings change, the detected channel will also change. The script plots only the single best channel at any time to keep the chart clean. Breakout markers appear on confirmed bars. For historical bars, markers appear only where a breakout would have been confirmed at that time. Lines extend left from their anchors. The script projects the lines internally to the current bar for checks and alerts. License and attribution License Creative Commons Attribution-NonCommercial 4.0 International (CC BY-NC 4.0). Open source for educational and personal use only. Commercial use requires written permission. Attribution © 2025 SciQua — Joshua Danford Libraries Uses TradingView/ZigZag/7. Changelog v1.0 Initial release. Automatic parallel channel detection from ZigZag pivots, quality scoring, live plotting, and close-based breakout alerts. FAQ Why do I not see any channel sometimes? There may not be a valid pair of highs and lows that pass the slope, inside ratio, and tolerance checks. Loosen the constraints by increasing Max slope difference, lowering Minimum inside ratio, or increasing the ZigZag percentage. The channel looks too narrow or too wide? Adjust Number of recent pivots and Minimum inside ratio. A higher inside ratio tends to favor cleaner, sometimes wider channels. A lower ratio may admit narrower, more reactive channels. How can I reduce false breakout alerts? Increase Max price tolerance outside channel to ignore small wicks. Add a volume or momentum confirmation in your personal alert workflow. Thank you for using Auto Channel . Feedback and improvements are welcome.
Pine Script® indicator
by JoshuaDanford
4
Internal Pivot Pattern [LuxAlgo]The Internal Pivot Pattern indicator is a novel method allowing traders to detect pivots without excessive delay on the chart timeframe, by using the lower timeframe data from a candle. It features custom colors for candles and zigzag lines to help identify trends. A dashboard showing the accuracy of the pattern is also included. 🔶 USAGE We define a pivot as the occurrence where the middle candle over a specific interval (for example, the most recent 21 bars) is the highest (pivot high) or the lowest (pivot low). This method commonly allows for identifying swing highs/lows on a trader's chart; however, this pattern can only be identified after a specific number of bars has been formed, rendering this pattern useless for real-time detection of swing highs/lows. This indicator uses a different approach, removing the need to wait for candles to form on the user chart; instead, we check the lower timeframe data of the current candle and evaluate for the presence of a pivot given the internal data, effectively providing pivot confirmation at the candle close. An internal pivot low pattern is indicative of a potential uptrend, while an internal pivot high is indicative of a potential downtrend. Candles are colored based on the last internal pivot detected, with blue candle colors indicating that the most recent internal pivot is a pivot low, indicating an uptrend, while an orange candle color indicates that the most recent internal pivot is a pivot high, indicating a downtrend. 🔹 Timeframes The timeframe setting allows controlling the amount of lower timeframe data to consider for the internal pivot detection. This setting must be lower than the user's chart timeframe. Using a timeframe significantly lower than the user chart timeframe will evaluate a larger amount of data for the pivot detection, making it less frequent, while using a timeframe closer to the chart timeframe can make the internal pivot detection more frequent, and more prone to false positives. 🔹 Accuracy Dashboard The Accuracy Dashboard allows evaluating how accurate the detected patterns are as a percentage, with a pattern being judged accurate if subsequent patterns are detected higher or lower than a previous one. For example, an internal pivot low is judged accurate if the following internal pivot is higher than it, indicating that higher highs have been made. This dashboard can be useful to determine the timeframe setting to maximize the respective internal pivot accuracy. 🔶 SETTINGS Timeframe: Timeframe for detecting internal swings Accuracy Dashboard: Enable or disable the Accuracy Dashboard. 🔹 Style Internal Pivot High: Color of the dot displayed upon the detection of an internal pivot high Internal Pivot Low: Color of the dot displayed upon the detection of an internal pivot low Zig-Zag: Color of the zig-zag segments connecting each internal pivot Candles: Enable candle coloring, with control over the color of the candles highlighting the detected trend
Pine Script® indicator
by LuxAlgo
4
Elliott Wave Probability System Pro v2🎯 Major Improvements Made to Elliott Wave Script Key Changes: 1. Advanced Trend Detection (Lines 55-82) Uses 5 different methods to determine trend over last 75 bars: Price position in range Linear regression slope Moving average alignment Higher highs/lows pattern Up vs down bar count Combines all methods into a trendScore for accurate direction 2. Adaptive Target Direction New input: adaptiveTargets (line 28) - can toggle on/off When ON: Targets follow the 75-bar trend regardless of short-term indicators When OFF: Works like original (based on current momentum) 3. Improved Target Calculation Bullish targets use extensions from current price to recent high Bearish targets use retracements from current price to recent low More realistic price levels based on actual market structure 4. Enhanced Status Display Added "Trend (75 bars)" row showing BULLISH/BEARISH/NEUTRAL Helps you see why targets are pointing a certain direction 5. Better Probability Calculation Base probability adjusts with trend strength (70% if strong trend, 50% if not) Gradual probability decay with distance Minimum 15% probability (more realistic than 10%) New Features: Trend-Based Alerts Alerts when 75-bar trend changes from bullish to bearish (or vice versa) Trend Weight in Scoring Added trendWeight to the total score calculation Makes signals more aligned with larger trend Visual Improvements Projection lines now show at 40% probability (was 50%) Better visibility of likely targets How It Works Now: If last 75 bars show a downtrend , targets will be bearish (even if RSI is oversold) If last 75 bars show an uptrend , targets will be bullish (even if RSI is overbought) The probability adjusts based on trend strength This solves the issue where the script was showing bullish targets in a clear downtrend. Now it properly reflects the dominant trend direction while still considering short-term indicators for probability calculations.
Pine Script® indicator
by WhiteHuracan
5
Smart Elliott Wave [The_lurker]🔷 Smart Elliott Wave – موجات إليوت الذكية A professional indicator for automatically detecting and analyzing Elliott Wave patterns on the chart. Built on classical Elliott Wave theory, it enhances accuracy with dynamic Fibonacci validation and geometric logic—solving the most common issues traders face when applying Elliott Wave manually: complexity, subjectivity, and misinterpretation of corrections. 🎯 Key Features Smart Elliott Wave offers a layered intelligent system that: - Automatically detects impulsive and corrective wave structures - Validates wave formations using Fibonacci rules - Highlights potential reversal zones (PRZ) - Sends instant alerts for newly detected patterns - Supports both bullish and bearish trends - Includes fully customizable user settings 🧠 Core Concept The indicator analyzes price movement over time using pivot points (discovered via `ta.pivothigh` and `ta.pivotlow`) to detect wave structures that conform to Elliott Wave sequencing: - Impulse Wave: 0-1-2-3-4-5 - Simple Correction: ABC - Complex Correction: WXY Each structure is validated through a strict set of logical rules combined with Fibonacci ratio checks to ensure pattern integrity and reduce false signals. 🧩 Wave Structure Components 1️⃣ Impulse Waves - Wave 3 is not the shortest - Wave 4 does not overlap Wave 1 - Waves 1, 3, and 5 are impulsive; Waves 2 and 4 are corrective - Fibonacci validation can be applied to Waves 2 and 4 if enabled 2️⃣ Simple Corrections (ABC) - Wave B partially retraces Wave A - Wave C completes the structure without invalid overlap - Fibonacci ratios validate the symmetry of A, B, and C (if enabled) 3️⃣ Complex Corrections (WXY) - Only used if ABC structure is insufficient - Requires 6 sequential pivot points: W, X, Y - W and Y are corrective; X is a linking wave - Follows both structural and ratio-based validations 📏 Dynamic Fibonacci Validation When Enable Fibonacci Rules is active: - Validates against common ratios: `38.2%`, `50%`, `61.8%`, `78.6%`, `127.2%`, `161.8%` - Adjustable **Fibonacci Tolerance** allows for controlled deviation - Patterns are ignored if ratios fall outside the accepted range 🔮 Potential Reversal Zones (PRZ) - Calculated from the most recent completed impulse wave - Uses Fibonacci extensions to project PRZ ahead of price - Customizable visibility and color for each ratio - Used as dynamic take-profit or stop-loss zones 🖍️ Dual Trend Detection & Wave Coloring - Supports both bullish and bearish patterns - Automatic wave coloring for quick visual recognition: - 🟦 Blue: Bullish waves - 🟥 Red: Bearish waves - Optional fill color for correction zones 🔔 Smart Alert System Instant alerts are triggered when a valid wave pattern is confirmed: - New impulse wave detected - ABC correction appears - Complex WXY correction formed > Alerts are triggered only after the bar closes to prevent repainting. ⚙️ Indicator Settings 📌 Wave Detection Settings - Pivot Left Strength: Bars to the left used for pivot detection - Pivot Right Strength: Bars to the right for confirmation (0 = real-time) - Enable Fibonacci Rules: Toggle Fibonacci ratio validation - Fibonacci Tolerance: Allowed deviation in percentage 🎨 Display Settings - Show Previous Patterns: Toggle between all patterns or only the latest - Fill correction zones with color - Customize wave and PRZ color schemes 📉 PRZ Settings - Show/hide specific Fibonacci ratios - Customize each PRZ color - Set maximum bar extension for PRZ display 🔕 Alert Settings - Enable or disable alerts for each type of pattern 📚 Practical Use Cases - Daily or intraday price structure analysis - Combine with RSI, MACD, or momentum indicators - Filter weak signals using Fibonacci-based pattern validation - Use PRZ zones as dynamic entry/exit targets - Learn and reinforce Elliott Wave theory through real-time examples 📝 Important Notes - Setting `Pivot Right = 0` allows for real-time pattern previews (may repaint) - Disabling Fibonacci validation increases pattern count but reduces accuracy - TradingView limits to 500 visual objects (labels, boxes, lines); older patterns may be removed - PRZ extends up to 100 bars or 0.618 of the previous impulse duration by default ⚠️ Disclaimer: This indicator is for educational and analytical purposes only. It does not constitute financial, investment, or trading advice. Use it in conjunction with your own strategy and risk management. Neither TradingView nor the developer is liable for any financial decisions or losses. 🔷 Smart Elliott Wave – موجات إليوت الذكية مؤشر احترافي لرصد وتحليل أنماط موجات إليوت تلقائيًا على الرسم البياني، يعتمد على المبادئ الكلاسيكية للنظرية مع تعزيزها بالتحقق الرياضي والهندسي، ويهدف إلى تجاوز العقبات التي يواجهها معظم المتداولين عند تطبيق موجات إليوت يدويًا، مثل صعوبة التحديد، التقديرات الذاتية، وتشويش التصحيحات. 🎯 ما الذي يميز هذا المؤشر؟ يُقدّم Smart Elliott Wave نظامًا تراكبيًا ذكيًا يقوم بـ: رصد تلقائي للموجات (الدافعة والتصحيحية) التحقق من صحة النموذج باستخدام قواعد فيبوناتشي عرض مناطق الانعكاس المحتملة (PRZ) توليد تنبيهات لحظية عند تشكّل أنماط جديدة دعم الاتجاهين (الصاعد والهابط) واجهة إعدادات مرنة قابلة للتخصيص الكامل 🧠 الفكرة الأساسية يعتمد المؤشر على تحليل حركة السعر عبر تسلسل زمني من النقاط المحورية (Pivots)، والتي تُكتشف باستخدام دوال مدمجة مثل ta.pivothigh وta.pivotlow. ثم يُبني فوق هذه النقاط نماذج هندسية متوافقة مع تسلسل موجات إليوت: الموجة الدافعة (Impulse): تسلسل 0-1-2-3-4-5 التصحيح البسيط (ABC) التصحيح المعقد (WXY) ويتم التحقق من كل نموذج اعتمادًا على قواعد إليوت + نسب فيبوناتشي، ما يضمن موضوعية التصنيف، ودقة التحديد. 🧩 مكوّنات التحليل: 1️⃣ الموجات الدافعة (Impulse Waves): يُشترط أن تكون الموجة الثالثة غير الأقصر. لا تتداخل الموجة الرابعة مع نطاق الموجة الأولى. تأكيد أن الموجات 1 و3 و5 دافعة، و2 و4 تصحيحية. يتم التحقق من نسب تصحيح الموجتين 2 و4 حسب قواعد فيبوناتشي عند تفعيلها. 2️⃣ التصحيح البسيط (ABC): B تصحيح جزئي للموجة A. C تُكمل الهيكل بدون تداخل مع A. يتم التحقق من أطوال الموجات وفق نسب فيبوناتشي لضمان التناسق. 3️⃣ التصحيح المعقد (WXY): لا يتم تفعيله إلا عند فشل ABC في تفسير النمط. يتطلب 6 نقاط محورية متسلسلة: W, X, Y. W وY تصحيحيتان، وX رابط مركزي. يخضع أيضًا لقواعد النسب والتماثل البنائي. 📏 التحقق باستخدام نسب فيبوناتشي: عند تفعيل خاصية Enable Fibonacci Rules، يتم التحقق الصارم من نسب تصحيح الموجات: النسب المعتمدة: 38.2%, 50%, 61.8%, 78.6%, 127.2%, 161.8% إذا لم تكن الموجة ضمن نطاق النسبة + نسبة التسامح (Tolerance)، يتم تجاهل النموذج. يُستخدم هذا التحقق أيضًا لرسم مناطق الانعكاس المحتملة (PRZ). 🔮 مناطق الانعكاس المحتملة (PRZ) تُحسب PRZ باستخدام نسب فيبوناتشي انطلاقًا من نهاية آخر موجة دافعة. تُعرض بشكل مستطيلات شفافة أو ملونة. يمكن تخصيص كل نسبة لونًا وشكلًا خاصًا. تُستخدم PRZ كأداة توقع للموجة التالية أو لتحديد أهداف وقف الخسارة وجني الأرباح ديناميكيًا. 🖍️ دعم الاتجاهين وتلوين الموجات: يدعم المؤشر النماذج الصاعدة والهابطة بشكل تلقائي. يتم استخدام تلوين بصري لتسهيل التمييز: الأزرق: للموجات الصاعدة الأحمر: للموجات الهابطة لون تعبئة مخصص لمناطق التصحيح 🔔 نظام التنبيهات الذكية يحتوي المؤشر على تنبيهات تلقائية يتم تفعيلها عند اكتمال أي نمط جديد. يدعم التنبيهات التالية: موجة دافعة جديدة تصحيح بسيط ABC تصحيح معقد WXY التنبيهات تُطلق بعد إغلاق الشمعة التي تحقق فيها النموذج (غير فوري Repainting-safe) ⚙️ إعدادات المؤشر 📌 إعدادات تحليل الموجة: Pivot Left Strength: عدد الأعمدة (bars) إلى اليسار لتحديد الانعكاس Pivot Right Strength: الأعمدة إلى اليمين لتأكيد الانعكاس (0 يعني تنبؤ لحظي) Enable Fibonacci Rules: تفعيل/تعطيل التحقق من فيبوناتشي Fibonacci Tolerance: نسبة التفاوت المقبولة بالنسب المئوية 🎨 إعدادات العرض: Show Previous Patterns: إظهار كل الأنماط المكتشفة أو آخر نمط فقط PRZ Settings: إظهار أو إخفاء نسب معينة تخصيص الألوان تحديد امتداد مربع PRZ زمنيًا (Max Bars) 🔕 إعدادات التنبيهات: تفعيل/تعطيل تنبيه عند كل نمط جديد 📚 حالات الاستخدام العملية: تحليل الحركة السعرية في بداية كل جلسة دمج المؤشر مع أدوات مثل RSI أو MACD للحصول على إشارات مركّبة مراقبة الموجات التوسعية والتصحيحية على فواصل 4H / Daily استخدام PRZ كأداة لتحديد الأهداف أو وقف الخسارة التعلم العملي لنظرية إليوت من خلال أمثلة حية 📝 ملاحظات مهمة: تعيين Pivot Right = 0 يعني نقاط فورية (قد يعاد رسمها لاحقًا) تعطيل فيبوناتشي يزيد عدد النماذج، لكن قد يُضعف دقتها TradingView يحد عدد الكائنات المرسومة (Labels, Boxes, Lines) إلى 500، مما قد يؤدي إلى حذف الأنماط الأقدم تلقائيًا PRZ يمتد افتراضيًا حتى 100 شمعة، أو 0.618 من مدة الموجة الدافعة السابقة ⚠️ إخلاء مسؤولية: هذا المؤشر لأغراض تعليمية وتحليلية فقط. لا يُمثل نصيحة مالية أو استثمارية أو تداولية. استخدمه بالتزامن مع استراتيجيتك الخاصة وإدارة المخاطر. لا يتحمل TradingView ولا المطور مسؤولية أي قرارات مالية أو خسائر.
Pine Script® indicator
by The_lurker
3
WT + Stoch RSI Reversal ComboOverview – WT + Stoch RSI Reversal Combo This custom TradingView indicator combines WaveTrend (WT) and Stochastic RSI (Stoch RSI) to detect high-probability market reversal zones and generate Buy/Sell signals. It enhances accuracy by requiring confirmation from both oscillators, helping traders avoid false signals during noisy or weak trends. 🔧 Key Features: WaveTrend Oscillator with optional Laguerre smoothing. Stochastic RSI with adjustable smoothing and thresholds. Buy/Sell combo signals when both indicators agree. Histogram for WT momentum visualization. Configurable overbought/oversold levels. Custom dotted white lines at +100 / -100 levels for reference. Alerts for buy/sell combo signals. Toggle visibility for each element (lines, signals, histogram, etc.). ✅ How to Use the Indicator 1. Add to Chart Paste the full Pine Script code into TradingView's Pine Editor and click "Add to Chart". 2. Understand the Signals Green Triangle (BUY) – Appears when: WT1 crosses above WT2 in oversold zone. Stoch RSI %K crosses above %D in oversold region. Red Triangle (SELL) – Appears when: WT1 crosses below WT2 in overbought zone. Stoch RSI %K crosses below %D in overbought region. ⚠️ A signal only appears when both WT and Stoch RSI agree, increasing reliability. 3. Tune Settings Open the settings ⚙️ and adjust: Channel Lengths, smoothing, and thresholds for both indicators. Enable/disable visibility of: WT lines Histogram Stoch RSI Horizontal level lines Combo signals 4. Use with Price Action Use this indicator in conjunction with support/resistance zones, chart patterns, or trendlines. Works best on lower timeframes (5m–1h) for scalping or 1h–4h for swing trading. 5. Set Alerts Set alerts using: "WT + Stoch RSI Combo BUY Signal" "WT + Stoch RSI Combo SELL Signal" This helps you catch setups in real time without watching the chart constantly. 📊 Ideal Use Cases Reversal trading from extremes Mean reversion strategies Timing entries/exits during consolidations Momentum confirmation for breakouts
Pine Script® indicator
by grigory84
Squeeze Pro Momentum BAR color - KLTDescription: The Squeeze Pro Momentum indicator is a powerful tool designed to detect volatility compression ("squeeze" zones) and visualize momentum shifts using a refined color-based system. This script blends the well-known concepts of Bollinger Bands and Keltner Channels with an optimized momentum engine that uses dynamic color gradients to reflect trend strength, direction, and volatility. It’s built for traders who want early warning of potential breakouts and clearer insight into underlying market momentum. 🔍 How It Works: 📉 Squeeze Detection: This indicator identifies "squeeze" conditions by comparing Bollinger Bands and Keltner Channels: When Bollinger Bands are inside Keltner Channels → Squeeze is ON When Bollinger Bands expand outside Keltner Channels → Squeeze is OFF You’ll see squeeze zones classified as: Wide Normal Narrow Each represents varying levels of compression and breakout potential. ⚡ Momentum Engine: Momentum is calculated using linear regression of the price's deviation from a dynamic average of highs, lows, and closes. This gives a more accurate representation of directional pressure in the market. 🧠 Smart Candle Coloring (Optimized): The momentum color logic is inspired by machine learning principles (no hardcoded thresholds): EMA smoothing and rate of change (ROC) are used to detect momentum acceleration. ATR-based filters help remove noise and false signals. Colors are dynamically assigned based on both direction and trend strength. 🧪 How to Use It: Look for Squeeze Conditions — especially narrow squeezes, which tend to precede high-momentum breakouts. Confirm with Momentum Color — strong colors often indicate trend continuation; fading colors may signal exhaustion. Combine with Price Action — use this tool with support/resistance or patterns for higher probability setups. Recommended For: Trend Traders Breakout Traders Volatility Strategy Users Anyone who wants visual clarity on trend strength 📌 Tip: This indicator works great when layered with volume and price action patterns. It is fully non-repainting and supports overlay on price charts.
Pine Script® indicator
by KeyLevelsTrading-KLT
MR.Z Strategy Reversal Signal Nadaraya SMA)Nadaraya-Watson Envelope (NW Envelope): A smoothed, non-linear dynamic envelope that adapts to price structure. It visually identifies price extremes using kernel regression. The upper and lower bands move with the chart and provide reliable dynamic support and resistance. EMA Levels: Includes three key exponential moving averages: EMA 50 (short-term trend) EMA 100 (medium-term) EMA 200 (long-term, institutional level) Fully Scrollable and Responsive: All lines and envelopes are plotted using plot() so they move with the chart and respond to zoom and pan actions naturally. 🧠 Ideal Use: Identify reversal zones, dynamic support/resistance, and trend momentum exhaustion. Combine WTB and NW Envelope for confluence-based entries. Use EMA structure for trend confirmation or breakout anticipation. Let me know if you'd like to add: Divergence detection Buy/Sell signals Alerts or signal filtering options I’ll be happy to extend the description or the script accordingly!
Pine Script® indicator
by grigory84
1