指標和策略
Global M2 10-Week Lead (for bitcoin prediction - all timeframes)Global M2 Money Supply 10-Week Lead.
Offset by 10 Weeks, works on all timeframes.
Mimics the indicator seen on Real Vision / Raoul Paul / Global Macro Investor.
For analysis of Bitcoin movement prediction.
Hourly Cycle High/Low by BrijKey Features
16 Custom Sessions:
Define up to 16 custom time ranges (e.g., 09:00-10:00, 11:00-12:00, etc.).
Each session is independent and can be configured with its own time range and UTC offset.
Dynamic Boxes:
A box is drawn for each session, representing the high and low prices during that session.
The box dynamically updates as new highs or lows are formed within the session.
Session Labels:
A label is displayed on top of each box, showing the session name (e.g., "Session 1", "Session 2", etc.).
The label moves dynamically with the box as the session progresses.
Customizable Colors:
Each session's box and label can be customized with different colors for better visualization.
No Plots:
To stay within TradingView's 64-output limit, the indicator does not plot the high and low levels as separate lines. Instead, it focuses on the boxes and labels.
Consecutive Up/Down DaysPlots consecutive up/down days. Can be useful to display alongside oversold/overbought oscillators to find reversal conditions.
RSI & EMA IndicatorMulti-Timeframe EMA & RSI Analysis with Trend Merging Detection
Overview
This script provides traders with a multi-timeframe analysis tool that simplifies trend detection, momentum confirmation, and potential trend shifts. It integrates Exponential Moving Averages (EMAs) and the Relative Strength Index (RSI) across Daily, Weekly, and Monthly timeframes, helping traders assess both long-term and short-term market conditions at a glance.
This script is a simplification and modification of the EMA Cheatsheet by MarketMoves, reducing chart clutter while adding EMA merging detection to highlight potential trend reversals or breakouts.
Originality and Usefulness
Unlike traditional indicators, which focus on a single timeframe, this script combines multiple timeframes in a single view to offer a comprehensive market outlook.
What Makes This Indicator Unique?
This Indicator to Combine RSI and EMA Clouds for Multiple Timeframes
Multi-Timeframe Trend Analysis in One Visual Tool
EMA Merging Detection to Spot Trend Shifts Early
Momentum Validation Using RSI Across Daily, Weekly, and Monthly Timeframes
Reduces Chart Clutter While Providing Actionable Trade Signals
I couldn't find a TradingView indicator that displayed RSI and EMA clouds together across Daily, Weekly, and Monthly timeframes. This tool bridges that gap, allowing traders to see trend strength and momentum shifts across key timeframes without switching charts.
How the Script Works
1. Trend Direction via EMAs
The script tracks Short-term (5 & 12-period), Medium-term (34 & 50-period), and Long-term (72 & 89-period) EMAs across Daily, Weekly, and Monthly timeframes.
Bullish trend: When faster EMAs are above slower EMAs.
Bearish trend: When faster EMAs are below slower EMAs.
A visual table simplifies trend recognition with:
Green cells for bullish alignment.
Red cells for bearish alignment.
This color-coded system allows traders to quickly assess market momentum across different timeframes without excessive manual analysis.
2. Momentum Confirmation with RSI
The RSI(14) values for Daily, Weekly, and Monthly timeframes are displayed alongside the EMAs.
RSI above 70 suggests overbought conditions.
RSI below 30 suggests oversold conditions.
By combining RSI with EMA trends, traders can confirm whether momentum supports the trend direction or if the market is losing strength.
3. Trend Shift Detection (EMA Merging Mechanism)
A unique feature of this script is EMA merging detection, which occurs when:
The short, medium, and long-term EMAs come within 0.5% of the price.
This often signals trend reversals, breakouts, or consolidations.
When this condition is met, a warning signal appears, alerting traders to potential market shifts.
Who This Indicator Is For?
This script is designed for traders who want to track trends across multiple timeframes while keeping a clean and simplified chart.
Swing & Position Traders – Identify strong trends and potential momentum shifts for longer-term trades.
Trend Followers – Stay aligned with major market trends and avoid trading against momentum.
Day Traders – Use the Daily timeframe for entries while referencing higher timeframes for confirmation.
How to Use the Indicator
Add the indicator to any chart.
Check the trend table in the top-right corner:
Green cells indicate a bullish trend.
Red cells indicate a bearish trend.
Look at RSI values to confirm momentum:
RSI above 70 = Overbought.
RSI below 30 = Oversold.
Watch for the "Merge" alert to spot potential reversals or consolidations.
Combine signals from multiple timeframes for stronger trade decisions.
Why This Indicator is Unique on TradingView?
Before this script, no TradingView indicator displayed RSI and EMA clouds together across multiple timeframes (Daily, Weekly, Monthly).
This tool eliminates the need to:
Manually check multiple timeframes for trend alignment.
Add multiple EMA and RSI indicators to the same chart, creating clutter.
Constantly switch between different timeframes to confirm momentum and trend direction.
With this indicator, traders can see trend strength and momentum shifts instantly, improving their decision-making process.
Chart Guidelines
The script is designed for use on a clean chart to maximize clarity.
The trend alignment table is displayed in a non-intrusive manner so traders can focus on price action.
No additional indicators are required, but users may combine this script with volume-based indicators for further confirmation.
The script name and timeframe should always be visible on published charts to help traders understand the analysis.
Final Notes
This script is a simplification and modification of the EMA Cheatsheet by MarketMoves, improving trend detection, momentum confirmation, and EMA merging detection.
It is designed to help traders quickly identify trend direction, confirm momentum, and detect potential trend shifts, reducing the need for excessive manual analysis.
Disclaimer: This indicator is for educational purposes only and does not constitute financial advice. Trading involves risk; always use proper risk management when applying this tool in live markets.
Daily Cycle high/low by brijKey Features:
✅ Custom Session Selection: Users can define a specific session (default: 09:00-10:00 UTC+1)
✅ Session High/Low Tracking: Plots the highest and lowest price of the session
✅ Real-Time Updates: Adjusts as new bars are formed within the session
✅ Visual Box Representation: Highlights the session range with a colored box
✅ Alerts: Notifies when the session starts or ends
Use Case:
This indicator is useful for traders using Opening Range Breakout (ORB) strategies, as it helps identify key support/resistance levels for potential trade entries. 🚀
Momentum MA RSI BreakoutMoving Averages (EMA 9 & EMA 21):
Fast EMA crossing above Slow EMA = Bullish Trend
Fast EMA crossing below Slow EMA = Bearish Trend
RSI-Based Buy/Sell Signals (14-period RSI):
RSI crosses above 30 → Buy signal
RSI crosses below 70 → Sell signal
Breakout Alerts (20-period lookback):
Price breaks above the highest high in the last 20 bars → Breakout Up
Price breaks below the lowest low in the last 20 bars → Breakout Down
Visual Enhancements:
Green/Red background for strong buy/sell signals
Up/Down triangles for breakout alerts
Alerts for key events
Mayer Multiple Zones (Crypto)Enhanced Mayer Multiple Zones
Advanced crypto valuation zones with ETH/BTC context
Key Features
Shows 6 price zones based on MA200 multiples (bubble, take profit, fair value, accumulation, value buy, strong buy)
Adds ETH/BTC ratio context for stronger signals
Works on any crypto with sufficient price history ( ETH , SOL , AAVE , etc)
Color intensity changes based on market conditions
How to Read
Color Zones : Price relative to its MA200 history
Zone Opacity : Stronger color = stronger signal (influenced by ETH/BTC context)
Status Box : Shows current "Enhanced Status" combining price level with ETH/BTC context
Context Line : Explains why the signal is strong or weak
Buy/Sell Signals
Strong Buy Signals :
• " EXTREME VALUE " (blue zone + BTC dominance)
• " STRONG VALUE BUY " (cyan zone + BTC preference)
Take Profit Signals :
• " CONFIRMED BUBBLE " (purple zone + altcoin dominance)
• " APPROACHING BUBBLE " (red zone + rising altcoin strength)
Customization
Adjust multiple thresholds (0.6x, 0.8x, 2.0x, 2.5x, 3.0x)
Toggle ETH/BTC context analysis
Configure ETH/BTC thresholds for market bias
Change MA length from default 200
This indicator helps identify optimal entry and exit points by watching the vertical color streaks on your chart. Look for deep blue/cyan zones with high opacity for strong buying opportunities, and intense purple/red zones for potential exits. The darker the color intensity, the stronger the signal—no complex interpretation needed!
Dual Bollinger Bands (20 & 200)Dual Bollinger Bands (20 & 200) - Enhanced Trading Strategy
Overview
The Dual Bollinger Bands (20 & 200) indicator is an enhanced version of the Double Bollinger Bands by Alixnet. This advanced tool integrates two sets of Bollinger Bands with 20-period (short-term) and 200-period (long-term) moving averages, helping traders identify market trends, volatility, and potential trade setups more effectively.
Key Features
✅ Two Bollinger Band Sets – Short-term (20-period) and Long-term (200-period).
✅ Enable/Disable Each BB – Customize visibility for better analysis.
✅ Multiple Standard Deviations – Identify different levels of volatility.
✅ Background Fill for Clarity – Highlights volatility zones.
How to Use This Indicator Effectively
1. Understanding the Two Bollinger Bands
BB1 (20-Period): Measures short-term price movements and volatility.
BB2 (200-Period): Acts as a long-term trend filter to determine the dominant trend.
2. Trade Entries & Exits
Bullish Trade Setup (Long Entry)
🔹 Price Above 200 MA Basis Line (BB2) – Confirms an uptrend.
🔹 Price Pulls Back to the Lower Band of BB1 (20 MA) – Ideal buy opportunity.
🔹 Confirmation: If price bounces off the lower BB1 band and moves back toward the midline or upper band, enter a long position.
🔹 Exit: When price touches or exceeds the upper BB1 band.
Bearish Trade Setup (Short Entry)
🔹 Price Below 200 MA Basis Line (BB2) – Confirms a downtrend.
🔹 Price Pulls Back to the Upper Band of BB1 (20 MA) – Ideal short opportunity.
🔹 Confirmation: If price gets rejected at the upper BB1 band and moves downward, enter a short position.
🔹 Exit: When price reaches or drops below the lower BB1 band.
3. Avoiding Sideways Markets
❌ Avoid trading when price stays between the two bands of BB1 without breaking out.
❌ Flat 200 MA Line (BB2 Basis) indicates a ranging market – best to wait for a breakout.
✅ Wait for Price to Cross the 200 MA Basis Line to confirm trend direction before entering trades.
4. Catching Trending Moves
✅ Strong Trend Confirmation: When price stays above or below the 20-period BB bands and also above/below the 200-period MA.
✅ Trend Continuation: If price consolidates near the upper or lower bands without breaking opposite levels.
✅ Breakout Confirmation: Look for a candle close outside BB1 bands with momentum to confirm strong moves.
Final Thoughts
The Dual Bollinger Bands (20 & 200) indicator is a powerful tool for both short-term traders and long-term investors. By combining the short-term volatility of the 20-period BB with the long-term trend of the 200-period BB, traders can make more informed trading decisions, filter out noise, and capture high-probability trade setups.
VWAP + RSI + MACD Strategy + Risk Management// TradingView Pine Script for VWAP + RSI + MACD Strategy with Risk Management
//@version=5
indicator("VWAP + RSI + MACD Strategy + Risk Management", overlay=true)
// VWAP Calculation
vwap_value = ta.vwap
plot(vwap_value, title="VWAP", color=color.blue, linewidth=2)
// RSI Calculation
rsi_length = 14
rsi_value = ta.rsi(close, rsi_length)
plot(rsi_value, title="RSI", color=color.purple, linewidth=2)
// MACD Calculation
= ta.macd(close, 12, 26, 9)
macdBullish = ta.crossover(macdLine, signalLine)
macdBearish = ta.crossunder(macdLine, signalLine)
// Entry Conditions
bullish_signal = ta.crossover(close, vwap_value) and rsi_value > 50 and macdBullish
bearish_signal = ta.crossunder(close, vwap_value) and rsi_value < 50 and macdBearish
// Stop-Loss Conditions (Risk Management)
stop_loss_long = close < vwap_value // Exit long if price drops below VWAP
stop_loss_short = close > vwap_value // Exit short if price rises above VWAP
// Alerts for Buy/Sell Signals
alertcondition(bullish_signal, title="Bullish Entry", message="Price above VWAP, RSI > 50, MACD Bullish")
alertcondition(bearish_signal, title="Bearish Entry", message="Price below VWAP, RSI < 50, MACD Bearish")
alertcondition(stop_loss_long, title="Exit Long", message="Price dropped below VWAP - Consider exiting long position")
alertcondition(stop_loss_short, title="Exit Short", message="Price rose above VWAP - Consider exiting short position")
// Background Highlighting
bgcolor(bullish_signal ? color.green : bearish_signal ? color.red : na, transp=85)
Trend 30 Tick MovementThis TradingView script, titled "Trend 30 Tick Movement", is designed to help traders identify significant price movements following crossover and crossunder events of specific Exponential Moving Averages (EMAs). The script is implemented using Pine Script version 5.
Features:
Input Parameters:
The script takes the close price as the input source for calculations.
Exponential Moving Averages (EMAs):
EMA 12: Calculated using a period of 12.
EMA 26: Calculated using a period of 26.
EMA 50: Calculated using a period of 50.
Signal Detection:
Crossover Signal: Detected when EMA 12 crosses above EMA 50.
Crossunder Signal: Detected when EMA 12 crosses below EMA 50.
Entry Price:
The script stores the price at the time of a crossover or crossunder event.
Price Movement Calculation:
The script calculates the price movement from the entry price following a crossover or crossunder event.
Significant Movement Detection:
Significant Move Up: Detected when the price movement is 30 ticks or more above the entry price.
Significant Move Down: Detected when the price movement is 30 ticks or more below the entry price.
Flags for Significant Movements:
The script uses boolean flags to track if a significant move up or down has been detected.
Plotting:
EMAs: Plots EMA 12, EMA 26, and EMA 50 on the chart.
Crossover and Crossunder Events: Plots green and red cross shapes above and below bars to indicate crossover and crossunder events, respectively.
Significant Movements: Plots green and red circles on the chart to indicate significant moves up and down after crossover/crossunder events.
Reset Mechanism:
The entry price is reset to the new price at the occurrence of each crossover or crossunder event.
Usage:
This script can be used by traders to visually identify and analyze significant price movements following key EMA crossover and crossunder events. By highlighting these significant movements, traders can make more informed decisions on potential entry and exit points in their trading strategies.
Consecutive Close Tracker (CCT)Consecutive Close Tracker (CCT) Indicator
The Consecutive Close Tracker (CCT) is a powerful momentum and breakout detection tool designed to identify consecutive bullish and bearish closes, potential reversals, and breakout points. By tracking consecutive candle closes and plotting key levels, this indicator provides traders with visual cues to recognize trend continuations, reversals, and breakout opportunities effectively.
🔹 Key Features of CCT
1️⃣ Consecutive Move Lines (Green/Red/Yellow Lines)
Tracks three consecutive bullish or bearish closes.
If the fourth candle confirms the trend, a green line (bullish) or red line (bearish) is drawn.
If the fourth candle fails to confirm, a yellow line is drawn, signaling potential indecision.
Helps traders spot trend continuations and exhaustion points.
2️⃣ Reversal Detection Lines (Cyan & Light Red)
Identifies bullish and bearish reversals based on three higher/lower closes followed by a reversal.
A cyan line indicates a bullish reversal, while a light red line signals a bearish reversal.
Useful for traders looking for trend reversals and key turning points.
3️⃣ Breakout Line (Dynamic Resistance/Support Level)
Automatically calculates a breakout level based on the previous timeframe’s open and close.
Can be customized to use different timeframes (e.g., hourly, daily, weekly).
Acts as a dynamic resistance or support level, helping traders determine breakout opportunities.
🔍 How to Use the Indicator?
✅ 1. Spotting Trend Continuations with Consecutive Move Lines
Green Line: Three consecutive bullish closes followed by a fourth higher close.
🚀 Indicates strong buying pressure & potential uptrend continuation.
Red Line: Three consecutive bearish closes followed by a fourth lower close.
📉 Indicates strong selling pressure & potential downtrend continuation.
Yellow Line: Three consecutive closes, but the fourth candle fails to confirm.
⚠️ Signals possible indecision or trend exhaustion.
🔥 Best Strategy:
If a green line appears near support, consider long entries.
If a red line appears near resistance, consider short entries.
If a yellow line appears, wait for further confirmation before entering a trade.
✅ 2. Identifying Trend Reversals with Reversal Lines
Cyan Line: A bearish trend with three consecutive lower closes, followed by a bullish candle → Possible uptrend reversal.
Light Red Line: A bullish trend with three consecutive higher closes, followed by a bearish candle → Possible downtrend reversal.
🔥 Best Strategy:
If a cyan line appears near a major support level, look for long entry opportunities.
If a light red line appears near resistance, prepare for a potential short entry.
Use these lines in combination with candlestick patterns (e.g., bullish engulfing, pin bars) for confirmation.
✅ 3. Using the Breakout Line for Key Entry & Exit Points
The breakout line represents a key dynamic level (midpoint of the previous timeframe’s open & close).
If price breaks above the breakout line, it suggests bullish momentum → Consider long trades.
If price breaks below the breakout line, it suggests bearish momentum → Consider short trades.
🔥 Best Strategy:
Use the breakout line in combination with support & resistance levels.
When price approaches the breakout line, watch for confirmation candles before entering a trade.
The breakout line can also act as a stop-loss or take-profit level.
🎯 How to Utilize CCT Effectively?
✅ For Intraday Traders
Use the consecutive close tracker on a 5M or 15M chart to catch short-term trends.
Watch for reversal lines near major intraday support/resistance for quick scalping opportunities.
Use the breakout line from the hourly chart to identify potential trend shifts.
✅ For Swing Traders
Apply the indicator on 1H, 4H, or daily charts to track medium-term trends.
Look for green/red lines near key Fibonacci retracement or pivot levels.
Use reversal lines to detect early trend reversals before bigger moves occur.
✅ For Breakout Traders
Focus on the breakout line on higher timeframes (e.g., 1H, 4H, Daily) to identify strong momentum shifts.
If price crosses the breakout line with strong volume, enter trades with trend confirmation.
Place stop-loss just below the breakout level for controlled risk management.
🏆 Final Thoughts
The Consecutive Close Tracker (CCT) is a powerful momentum and reversal indicator that helps traders:
✅ Identify strong trend continuations (green/red lines).
✅ Detect early reversal points (cyan/light red lines).
✅ Use a dynamic breakout line for better trade entries & exits.
Whether you’re an intraday trader, swing trader, or breakout trader, this tool can enhance your market insights and improve your trading decisions. 📈🔥
🚀 Try it out, and integrate it with your strategy to maximize its potential! 🚀
Consecutive Bullish/Bearish Candles🔍 Overview:
This indicator detects market manipulation and deception by identifying sequences of consecutive bullish or bearish candles. It highlights potential reversal zones where trends may exhaust or trap traders before reversing.
📌 How It Works:
The user can set a custom number of consecutive bullish or bearish candles (default: 5).
If the set number of consecutive green (bullish) or red (bearish) candles appears, the indicator plots a signal on the chart.
This pattern often signals exhaustion, stop hunts, or market traps, making it useful for traders looking for reversal opportunities.
📊 Features:
✅ Customizable candle count for detection
✅ Visual signals (✅ for bullish, ❌ for bearish)
✅ Alerts support for automated notifications
✅ Works on all timeframes and all markets (crypto, stocks, forex)
⚠️ Note:
This indicator does not guarantee reversals but helps identify areas where traders may be trapped and a trend shift is likely. Always use it with other confluence factors like volume, support/resistance, and market sentiment.
🚀 Use this tool to spot market deception and trade smart!
Global M2 in USD 70 day lead By Sam KovacsRaoul Pal inspired Global M2 with a 70 day lead. Converts M2 from most global economies into USD and adds them up, and offsets the chart by 70 days.
Doesn't work well in monthly view as it will offset by 2 months (60 days).
Consecutive Bullish/Bearish Candles🔍 Overview:
This indicator detects market manipulation and deception by identifying sequences of consecutive bullish or bearish candles. It highlights potential reversal zones where trends may exhaust or trap traders before reversing.
📌 How It Works:
The user can set a custom number of consecutive bullish or bearish candles (default: 5).
If the set number of consecutive green (bullish) or red (bearish) candles appears, the indicator plots a signal on the chart.
This pattern often signals exhaustion, stop hunts, or market traps, making it useful for traders looking for reversal opportunities.
📊 Features:
✅ Customizable candle count for detection
✅ Visual signals (✅ for bullish, ❌ for bearish)
✅ Alerts support for automated notifications
✅ Works on all timeframes and all markets (crypto, stocks, forex)
⚠️ Note:
This indicator does not guarantee reversals but helps identify areas where traders may be trapped and a trend shift is likely. Always use it with other confluence factors like volume, support/resistance, and market sentiment.
🚀 Use this tool to spot market deception and trade smart!
Budicon Market StructureThe Budicon Market Structure Indicator provides a clear and structured view of price action, making it easier to follow trends, identify breakouts, and avoid false moves.
How It Helps Traders
🔹 Break of Structure (BoS): Confirms trend continuation after price breaks a previous high/low.
🔹 Change of Character (ChoCh): Identifies early signs of trend reversals.
🔹 Liquidity Grabs & Fakeouts: Detects manipulations before big moves.
🔹 Key Support/Resistance Levels: Helps refine entry and exit points with precision
✅ Works on All Timeframes – Ideal for scalping, day trading, and swing trading.
Its designed by Budicon Technology
Mark Post-9:15 AM Candle (Bitcoin, Indian Time)Description:
This TradingView script highlights the candle that forms just after 9:15 AM (IST) on a 15-minute chart for Bitcoin trading. The script also marks a reference point exactly 4 candles (60 minutes) later, making it easier to track market movements and potential price action after the 9:15 AM session.
Features:
✅ Marks the 9:30 AM - 9:45 AM candle, which follows the 9:15 AM session.
✅ Highlights the identified candle with a transparent green background.
✅ Places a cross marker after 4 candles (at 10:30 AM IST) for reference.
✅ Designed for Bitcoin charts with Indian Standard Time (IST) settings.
✅ Helps traders analyze price action after the opening market movement.
Ideal for traders who want to track early market trends and potential momentum shifts. Works seamlessly on 15-minute charts in TradingView.
🚀 Add this script to your chart and stay ahead of market moves!
Dual Keltner ChannelsDual Keltner Channels (DKC) Indicator 📊
🔹 About This Indicator
This indicator is an enhanced version of the original Keltner Channel available in TradingView. The Keltner Channel was initially designed as a volatility-based envelope around a moving average, helping traders identify trends, breakouts, and potential reversal zones.
💡 Original Creator: The Keltner Channel concept is based on the work of Chester W. Keltner and was later implemented in various trading platforms, including TradingView’s built-in Keltner Channel indicator.
This script builds upon the TradingView version of the Keltner Channel, adding:
✅ Dual Keltner Bands (Inner & Outer) for better trend and volatility analysis.
✅ Customizable Moving Averages (EMA/SMA) for flexibility.
✅ Multiple Band Calculation Methods (ATR, True Range, Range) for improved accuracy.
✅ Shaded Zones Between the Bands for enhanced visual clarity.
⚡ Credit: This indicator is an enhancement of the original Keltner Channel Indicator in TradingView. All improvements and modifications are made to provide deeper market insights while maintaining the core principles of the original Keltner concept.
🔹 Overview
The Dual Keltner Channels (DKC) indicator overlays two Keltner Channels on the price chart, helping traders spot trends, breakouts, and reversals with greater precision.
Inner Keltner Band (Multiplier 1): Captures normal price movements.
Outer Keltner Band (Multiplier 2): Highlights extreme price movements and potential breakouts.
🔹 Features & Inputs
📌 Main Inputs:
Keltner Channel Length: Defines the lookback period for the moving average calculation.
Source Price: Selects the price type (close, open, high, low) to calculate the bands.
Exponential Moving Average (EMA) Option: Choose between Exponential (EMA) or Simple (SMA) as the basis for calculations.
Bands Style: Selects how the volatility is measured:
Average True Range (ATR) (default)
True Range (TR)
Range (High - Low)
ATR Length: Determines the length of ATR calculations.
Enable Multiplier 1 & 2: Toggle to display/hide inner (multiplier 1) and outer (multiplier 2) bands.
📌 Keltner Channels Calculation:
Moving Average (MA): Uses either EMA or SMA for the midline.
Volatility Band Calculation:
Upper Band 1 (Inner Band): MA + (Multiplier 1 × Volatility Measure)
Lower Band 1 (Inner Band): MA - (Multiplier 1 × Volatility Measure)
Upper Band 2 (Outer Band): MA + (Multiplier 2 × Volatility Measure)
Lower Band 2 (Outer Band): MA - (Multiplier 2 × Volatility Measure)
📌 Visuals & Plotting:
Inner Bands (Multiplier 1): Blue upper & lower lines.
Outer Bands (Multiplier 2): Darker blue upper & lower lines.
Basis Line: White moving average.
Shaded Areas:
Between Upper 1 & Upper 2 (Light Brown Area): Identifies the upper Keltner region.
Between Lower 1 & Lower 2 (Light Brown Area): Identifies the lower Keltner region.
🔹 How to Use the Dual Keltner Channels Indicator
✅ 1. Trend Identification
Price above the upper outer band (Multiplier 2): Strong uptrend – potential continuation.
Price below the lower outer band (Multiplier 2): Strong downtrend – potential continuation.
Price within the inner bands (Multiplier 1): Sideways market – possible consolidation.
✅ 2. Breakout Trading
Break above outer upper band: Indicates a bullish breakout – consider long trades.
Break below outer lower band: Indicates a bearish breakdown – consider short trades.
✅ 3. Overbought & Oversold Conditions
Price touching/exceeding outer bands (Multiplier 2): Potential reversal zones.
Reversal confirmation: Look for candlestick patterns (e.g., Doji, Engulfing) or divergence signals.
✅ 4. Pullback & Entry Zones
Price bouncing from inner bands (Multiplier 1): Good re-entry point in trend direction.
Inner band as support/resistance: Helps in setting stop-loss and profit targets.
🔹 Effective Trading Strategies Using DKC
📌 1. Trend Following Strategy (Using Moving Average & Bands)
✅ Look for price staying above/below the basis line (MA) within the outer bands.
✅ Use pullbacks to the inner bands as re-entry points for trend continuation.
✅ Confirm trend strength with momentum indicators like RSI, MACD.
📌 2. Breakout Trading Strategy
✅ Identify a tight consolidation phase within the inner Keltner bands.
✅ Wait for a strong breakout beyond the outer bands.
✅ Enter long/short trades based on breakout direction.
✅ Place stop-loss at the previous inner band to manage risk.
📌 3. Reversal Strategy (Mean Reversion)
✅ When price extends beyond the outer band (Multiplier 2), look for reversal signals (candlestick patterns, RSI divergence).
✅ Enter counter-trend trades with tight stop-loss beyond the band.
✅ Target the moving average (basis line) as take-profit.
🔹 Final Thoughts 💡
The Dual Keltner Channels (DKC) is a powerful upgrade to the standard Keltner Channel, providing:
✅ Greater clarity on trend strength
✅ More precise breakout & reversal signals
✅ Better visual insights for dynamic market conditions
📌 Best Used With: RSI, MACD, Volume Profile, Price Action Signals.
📌 Works on: Stocks, Forex, Crypto, Commodities, Indices.
Triple Moving Averages + 40 SMAThis script provides a versatile and efficient multi-moving average (MA) indicator, allowing you to track key trend levels effortlessly. It includes four customizable simple moving averages (SMA): 10, 40, 50, and 100-periods, which are commonly used by traders for identifying market trends, momentum shifts, and key support/resistance zones.
🔹 Features:
✅ Customizable Moving Averages – Adjust periods for 10, 40, 50, and 100 SMA to fit your strategy.
✅ Enable/Disable MAs – Toggle each moving average on or off to declutter your chart.
✅ Clear Trend Visualization – Identify bullish and bearish trends with color-coded SMAs.
✅ Works on Any Market & Timeframe – Use it for stocks, crypto, forex, or indices across all timeframes.
✅ Optimized for TradingView – Built using the latest Pine Script v6, ensuring smooth performance.
📈 How to Use:
• A rising 50 and 100 SMA signals a strong uptrend, while a downward slope suggests a downtrend.
• The 10 and 40 SMA help spot short-term momentum shifts and potential entry/exit points.
• Combine with RSI, MACD, and volume indicators for better trade confirmation.
🚀 Perfect for traders who want a clear, no-BS approach to trend tracking!
🔔 Try it now, and don’t forget to leave feedback! 👍
TIS_NinjaTrader_SwingThis is an adaptation of the Indicator Pivot Hi Lo to make it more similar to
NinjaTrader Swing Indicator
We can select the pivot strenght to the left and the right
And also it is possible to extend lines from the last detected pivot to the right
Let me know on the comment if you like it
Checklist IndicatorThe Checklist Indicator is a customizable tool designed to help traders maintain discipline and consistency by displaying a personalized checklist directly on their TradingView charts. Positioned unobtrusively in the top-right corner, this indicator allows users to define up to five checklist items, each accompanied by a status icon—either a green tick (✔) for completed tasks or a red cross (✖) for pending ones.
Key Features:
Customizable Appearance: Users can adjust the background and text colors to match their chart's theme, ensuring the checklist integrates seamlessly without causing distractions.
Dynamic Content: Each checklist item is user-defined, allowing traders to tailor the list to their specific strategies or routines.
Visual Status Indicators: The inclusion of color-coded icons provides a quick visual reference, enabling traders to assess their preparedness at a glance.
Compact Design: The indicator's small, square-shaped table is designed to convey essential information without occupying significant chart space.
Usage Notes:
Due to the current limitations of Pine Script, the checklist's interactivity is managed through the indicator's settings menu. Traders can mark items as completed or pending by toggling the corresponding options within the settings. This manual process encourages deliberate reflection on each checklist item, reinforcing disciplined trading practices.
Incorporating the Checklist Indicator into your trading routine can serve as a constant reminder of your strategic rules and procedures, helping to reduce impulsive decisions and promote a structured approach to market analysis.
Weighted SD Bands | QuantEdgeBIntroducing Weighted SD Bands by QuantEdgeB
Overview
The Weighted SD Bands is a valuation and mean-reversion analysis tool that dynamically adjusts to price movements, helping traders identify potential overbought and oversold conditions. Built on a Weighted Moving Average (WMA), this indicator plots Standard Deviation (SD) bands around price action, highlighting extremes and potential reversal zones.
_____
Key Features
✅ Adaptive Valuation Model – Uses weighted price action to determine key valuation zones.
✅ Mean Reversion Analysis – Identifies extended deviations from fair value to spot reversal opportunities.
✅ Multi-Tier SD Bands – Provides multiple deviation levels to assess varying degrees of price stretch.
✅ Dynamic Color Coding – Highlights areas of extreme overvaluation or undervaluation.
✅ Reversal Signals – Generates Buy/Sell signals when price crosses the outer bands.
_____
How It Works
- A Weighted Moving Average (WMA) serves as the baseline (fair value).
- Standard Deviation Bands expand dynamically based on historical volatility.
- Extreme levels (±2 SD) signal potential trend exhaustion/reversal.
- Buy signals appear when price crosses below the lower 2 SD band.
- Sell signals appear when price crosses above the upper 2 SD band.
_____
Visual Representation
🔹 Gradient-filled bands help visualize price stretching beyond typical fluctuations.
🔹 Triangular markers indicate potential reversal points at extreme SD levels.
🔹 Background highlights mark high-risk valuation zones.
_____
Settings & Customization
- Lookback Length (WMA): Adjust the moving average period to control sensitivity. (default: 20)
- Source : Select the base source for the calculation. (default: close)
- SD Length: Modify the standard deviation period to fine-tune band width. (default: 30)
- Color Mode: Choose from multiple visualization themes.
_____
Who Should Use It?
📌 Mean-Reversion Traders – Spot high-probability reversal zones.
📌 Valuation-Based Investors – Identify fair value and extended price levels.
📌 Trend-Following Traders – Use SD bands to manage risk and spot potential pullbacks.
_____
Conclusion
The Weighted SD Bands indicator is a powerful tool for valuation and mean-reversion trading, providing dynamic fair value zones, extreme-level signals, and customizable SD bands to refine market timing. Whether you're trading pullbacks, rebalancing positions, or spotting reversals, this model helps you stay ahead of market inefficiencies.
🔹 Disclaimer: This tool is for educational purposes only and is not financial advice. Always conduct your own research before making investing decisions
Candle Size Compared to ATRThe "Candle Size Compared to ATR" indicator compares each candle's range to the ATR and colors it based on the strength of its close. Key features include:
Strong Candles & ATR Comparison: If a candle's range exceeds the ATR threshold, it is highlighted to indicate potential significant price movement.
Double Candle Covering Previous Plot: This feature identifies cases where a two-candle formation covers the previous range and meets ATR conditions, helping spot potential trend continuation or reversal signals.
Continuous Reversing Patterns: The indicator tracks reversal attempts by monitoring whether recent strong bullish or bearish candles are reversing previous highs or lows. If a reversal is in progress, it is marked with a colored circle, and an arrow appears when a new reversal starts.
This indicator helps traders quickly spot strong price moves, reversals, and trend continuations based on ATR dynamics.
