Chanlun ZSLX pen czsc Channel Chan Theory🏆 Chan Zhong Shuo Chan (CZSCh) ZSLX Recursive Edition Indicator - Flagship Version
Background
A Decade of Craftsmanship, a Major Upgrade
This Chan Zhong Shuo Chan indicator has undergone nearly 10 years of meticulous refinement and continuous optimization. Since its initial version in 2015, it has been validated through real trading scenarios. Now, it makes its debut on TradingView with a brand-new upgrade, featuring more comprehensive functions and superior performance.
It truly implements all core theories from the original Chan Theory, covering a complete system including candlestick containment, fractal identification, pen-segment analysis, central pivot theory, entry/exit point positioning, and divergence/convergence detection. It provides Chan Theory enthusiasts with a professional and all-encompassing technical analysis tool in the industry.
🎯 Core Advantages
🔥 1. Full Coverage of Original Chan Theory Functions
● ✅ Real-time Candlestick Containment Processing - Intelligently identifies containment relationships
● ✅ Accurate Fractal Marking - Automatically recognizes top and bottom fractals
● ✅ Multi-dimensional Pen-Segment Analysis - Complete system for "pens" and "segments"
● ✅ Multi-level Central Pivot Integration - Candlestick pivots, pen pivots, and segment pivots
● ✅ Intelligent Entry/Exit Points - Precise positioning of Type 1, 2, and 3 entry/exit points
● ✅ Divergence/Convergence Alerts - Exclusive divergence/convergence algorithm
● ✅ Trend Structure Recursion - Exclusive trend recursion function
⚙️ 2. Diversified Pen-Segment Algorithm Engines
● 🎨 Three Major Pen Algorithms: "Traditional Old Pen", "New Pen", and "Top-Bottom Fractal Pen"
● 🔧 Extensive Parameter Adjustments - Granular control over sub-high/low pens and fractal range judgment
● 📊 Dual Segment Division: Original text-based pure segmentation + high-level recursive segmentation
● 🎯 Customizable Parameter Tuning - Adapts to different Chan Theory enthusiasts’ understanding and trading styles
🌟 3. Multi-level Intelligent Integration System
● 📈 Synchronized Calculation & Display - Linked analysis of pens, segments, and recursive advanced segments
● 🏗️ Exclusive Recursion Algorithm - Accurate identification of advanced recursive segments
● 🎪 Multi-level Central Pivot System - Full coverage of three pivot levels
● 📊 Panoramic Market Analysis - Provides comprehensive insights into market dynamics
🎨 4. Professional Visual Customization
● 🌈 Custom Color Schemes - Perfectly matches personal chart styles
● 💰 Price Marker Display - Labels key prices for pens, segments, and central pivots
● 📐 Professional Auxiliary Tools - Practical functions such as moving averages and Bollinger Bands
● 🎁 Included MACD - Supplementary sub-chart indicator
⏰ 5. Seamless Candlestick Replay Support
● 🔄 Historical Data Review - Fully compatible with TradingView’s replay function
● 📚 Powerful Market Research Tool - Enhances historical trend analysis capabilities
● 🧠 Improved Decision-Making - Deepens market insights and judgment skills
📦 Product Version
Advanced Recursion Edition ⭐ Exclusive Algorithm
Suitable for: Advanced Chan Theory enthusiasts pursuing ultimate trend analysis
Exclusive Features:
● 🚀 Rare Algorithm on the Market: Pure recursion version (most competitors can only reach the segmentation level at most)
● 🎯 Optimized High/Low Points: Precise positioning of the highest/lowest points at trend endpoints
● 🏆 Natural Trend Structure: More natural and reasonable distribution of high/low points
● 💎 Complete Chan Theory Elements: Covers all core elements of Chan Theory
● ⚡ Ultra-rich Pen Details: Extremely comprehensive pen processing details
🌟 Customer Feedback: The top choice for many senior Chan Theory enthusiasts, with excellent real-trading performance
Screenshots
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🎊 Experience Now and Start Your Professional Chan Theory Analysis Journey!
Pre-purchase Notes
Chan Zhong Shuo Chan Theory is relatively complex. While this software strives to implement all functions from the original text, it may still have minor flaws that cannot be fully addressed. We will continuously improve these aspects in future updates. If you are concerned about potential imperfections, we recommend testing the indicator for a few days first—purchase only if it meets your needs, or treat it as a trial. We welcome feedback on issues and bugs, and the developer will update and optimize the indicator when available.
1. Multi-level Recursion
2. Candlestick Containment
3. Area Statistics + Central Pivot High/Low Price Display
4. Multi-level Consolidation Divergence/Convergence
5. Overlaid Practical Moving Averages
6. Fractal-based Pens
7. Candlestick Central Pivots
8. Dozens of Adjustable Parameters
9. Optional Alarm Functions (to be further enriched in future updates)
10. Trend Structure Markers
clanlun pen macd czsc Channel Chanlun Ultra Chan Theory
🏆 缠中说禅ZSLX 递归版指标 - 旗舰版
背景
十年匠心,重磅升级
这套缠中说禅指标历经近10年的精心打磨与持续优化,从2015年初版设计至今,已经过实战验证。现全新升级登陆TradingView,功能更加完善,性能更加卓越。
真正实现了缠论原文中的所有核心理论,包括K线包含、分型识别、笔段分析、中枢理论、买卖点定位、背离背驰等完整体系,为缠论爱好者提供业界专业、全面的技术分析工具。
🎯 核心优势
🔥 1. 全方位缠论原文功能覆盖
● ✅ 实时K线包含处理 - 智能识别包含关系
● ✅ 精准分型标记 - 顶底分型自动识别
● ✅ 多维笔段分析 - 笔、线段完整体系
● ✅ 多级中枢联立 - K线中枢、笔中枢、线段中枢
● ✅ 智能买卖点 - 三类买卖点精准定位
● ✅ 背离背驰预警 - 独家背离背驰算法
● ✅ 走势结构递归 - 独家走势递归功能
⚙️ 2. 多样化笔段算法引擎
● 🎨 三大笔算法: "传统旧笔"、"新笔"、"顶底分型笔"
● 🔧 海量参数调节: 次高低笔、分型区间判断等精细化控制
● 📊 双重段划分: 原文纯分段 + 大级别递归分段
● 🎯 个性化参数调整: 满足不同缠友的理解需求与交易风格
🌟 3. 多级别智能联立系统
● 📈 同步计算显示: 笔、线段、递归高级段联动分析
● 🏗️ 独家递归算法: 高级递归段精准识别
● 🎪 多级中枢体系: 三重中枢级别完整覆盖
● 📊 全景市场分析: 提供全面的市场动态洞察
🎨 4. 专业视觉定制
● 🌈 自定义配色方案 - 完美匹配个人图表风格
● 💰 价格标识显示 - 笔、段、中枢关键价位标注
● 📐 专业辅助工具 - 均线、布林线等实用功能
● 🎁 附带MACD - 配套附图指标
⏰ 5. 完美K线回放支持
● 🔄 历史数据回顾 - 完美支持TradingView回放功能
● 📚 市场研究利器 - 提升历史走势分析能力
● 🧠 决策能力增强 - 深化市场洞察与判断水平
📦 产品版本
高级递归版 ⭐ 独家算法
适合:高阶缠友,追求极致走势分析
独家特色:
● 🚀 全网罕见算法: 纯递归版本,其他家最多只能设计到分段级别就是极限了
● 🎯 优化高低点: 走势结束点精准定位最高最低点
● 🏆 自然走势结构: 高低点分布更加自然合理
● 💎 完整缠论元素: 涵盖所有缠论核心要素
● ⚡ 超丰富笔细节: 笔的处理细节极其丰富
🌟 客户反馈: 众多资深缠友首选版本,实战效果卓越
快照
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🎊 立即体验,开启专业缠论分析之旅!
售前说明:缠中说禅理论,相对比较复杂,软件尽量实现原文的功能,但是也难免有些瑕疵地方,无法处理到位,这边后期会陆续完善,介意的客户可以先试用几天,觉得合适再买,不合适就当测试下,欢迎大家反馈问题和bug,掌柜有空会后期更新修改和优化
1.多级别递归
2.K线包含
3.面积统计+中枢高低点价格显示
4.多级别盘整背离背驰
5.叠加实用均线
6.分型笔
7。k线中枢
8.几十个可选参数调整
9,可选的一些报警功能,后期陆续完善,更丰富
10.走势结构标志
指標和策略
National - Daily Kill Zone LinesDaily Kill Zone Lines
This indicator helps traders mark and visualize their daily "kill zone" with precision.
Plots two vertical lines at your chosen session start and end time.
Adjustable line color, style (solid/dashed/dotted), and width.
Optional shading between the lines for easy zone tracking.
Works on intraday charts and automatically updates for each new day.
Ideal for session-based trading strategies such as London open, New York open, or any custom time window you rely on.
VWAP + 2 Custom EMAIndicator that have vwap + 2 ema combined, 3 in 1, allow user to customize EMA length for both EMA
Support & Resistance Power + MTF Linear Regression [Combined]Support & Resistance Power + MTF Linear Regression
Overview:
This advanced technical indicator combines two powerful analysis tools: dynamic Support & Resistance levels with power analysis, and Multi-Timeframe Linear Regression alignment. It provides traders with comprehensive market structure analysis and trend confirmation across multiple timeframes.
Core Features:
Support & Resistance Power Channel:
Calculates dynamic support and resistance levels using highest/low values over a customizable period (default 130 bars)
Adds ATR-based padding to create realistic trading zones rather than thin lines
Displays "Buy Power" and "Sell Power" metrics showing the number of bullish vs bearish candles within the calculation period
Shows actual high/low price values that created the S&R levels
Provides customizable signal markers (Diamond, X, Circle, Triangle, Square) when price bounces off or rejects from zones
Multi-Timeframe Linear Regression:
Analyzes linear regression trends across 5 configurable timeframes (default: 5min, 15min, 1hour, 4hour, Daily)
Displays current timeframe linear regression line with trend-based coloring
Shows alignment dashboard indicating bullish/bearish status for each timeframe
Colors chart bars based on overall trend alignment
Requires customizable number of timeframes to agree before signaling alignment
Alert System:
Proximity alerts when price approaches S&R levels
Breakout alerts when price enters or breaks through S&R zones
Pivot point alerts when new highs/lows are formed
Signal alerts when bounce/rejection patterns occur
Linear regression alignment alerts for trend confirmation
Customization Options:
Complete control over line widths, colors, and styles
Adjustable label sizes, positions, and colors for all displays
Configurable alert distances and types
Customizable timeframes for multi-timeframe analysis
Dashboard styling and positioning controls
Bar coloring options based on trend alignment
Key Benefits:
Combines price structure analysis with trend confirmation
Reduces false signals by requiring multi-timeframe alignment
Provides clear visual representation of market power dynamics
Offers comprehensive alert system for various trading scenarios
Highly customizable to match individual trading styles and chart preferences
Best Use Cases:
Identifying high-probability reversal zones with trend confirmation
Confirming breakout trades with multi-timeframe alignment
Understanding market sentiment through power analysis
Setting strategic entry/exit points near dynamic S&R levels
This indicator is ideal for traders who want a comprehensive view of both market structure and trend alignment without cluttering their charts with multiple separate indicators.
Smart Market Structure🔹 What it does:
Detects swing highs & lows automatically
Marks Break of Structure (BOS) and Market Structure Shifts (MSS) in real time
Plots Order Blocks and auto-removes them if invalidated
Colors candles by market structure bias (bullish / bearish)
Comes with a built-in Dashboard showing:
Last BOS & MSS direction
Current trend bias
Swings since last MSS
Active Bullish/Bearish OB count
A Trend Strength Meter to gauge momentum
🔹 Goal:
To give traders a clearer picture of price action, so instead of staring at raw candles and second-guessing, you get structure + context instantly.
Source: www.reddit.com
Multi-TF EMA 5/8-ChartTicker-Dashboard⚙️ Key Components
Timeframes & Weights
Uses 5 different intraday timeframes: 2m, 5m, 15m, 30m, 60m.
Each TF has a weight:
2m = 1
5m = 2
15m = 4
30m = 8
60m = 16
👉 Higher timeframe signals contribute more to the total.
Signal Logic per Timeframe
For each TF, calculate EMA 5 and EMA 8.
If EMA5 > EMA8 → Buy (B, +1).
If EMA5 < EMA8 → Sell (S, –1).
Total Score Calculation
Each signal (+1 or –1) is multiplied by its timeframe weight.
All weighted signals are summed into a total score.
Positive = bullish bias, negative = bearish bias.
Dashboard Table (top-right corner)
Row 1 (header): Symbol, each timeframe (2m, 5m, 15m, 30m, 60m), Total.
Row 2 (values):
Symbol name.
B (green) or S (red) per timeframe.
Weighted Total score.
🛠️ Overall Function
This indicator is essentially a multi-timeframe EMA trend dashboard that:
Shows Buy/Sell alignment across multiple TFs.
Provides a weighted trend score to quickly assess market bias.
Makes it easy to spot whether short- and long-term signals agree or conflict.
Trend with ADX, multiple EMAs - Buy & Sell📊 Core Components
ADX Calculation
Computes DI+ and DI– manually using smoothed true range and directional movement.
Plots background color:
Green when DI+ > DI–
Red when DI– > DI+
Alerts: “ADX Trend Green” or “ADX Trend Red.”
Moving Averages
Fast EMA (5)
Slow EMA (8)
EMA 13
EMA 48
EMA 200
All plotted on the chart with different colors.
VWAP
Plotted as black circles.
📈 Signals & Conditions
Fast EMA vs Slow EMA
Buy Signal: 5 EMA crosses above 8 EMA.
Sell Signal: 5 EMA crosses below 8 EMA.
Avoids repeat signals using CondIni.
Labels: “Buy” (green) / “Sell” (red).
Alerts: “Buy Alert” / “Sell Alert.”
Trend Signals (EMA 13 vs EMA 48)
TBuy: 13 EMA crosses above 48 EMA.
TSell: 13 EMA crosses below 48 EMA.
Labels: “TBuy” (dark green) / “TSell” (dark red).
Alerts: “TBuy Alert” / “TSell Alert.”
🛠️ Overall Purpose
This script combines trend strength (ADX) with short-term EMA crossovers and medium-term EMA trend shifts (13 vs 48).
It provides visual signals, background trend coloring, VWAP reference, and alert triggers for both scalping (5 vs 8 EMA) and trend trading (13 vs 48 EMA).
heat map Last Close (Green/Red) 1-5-15-30-60-120m candle chartheat map Last Close (Green/Red) 1-5-15-30-60-120m candle chart
Sri - Pivot + Vital Moving Averages Sri – Pivot + Vital Moving Averages
Sri – Pivot + Vital Moving Averages is an advanced all-in-one indicator that blends trend-following moving averages with multi-timeframe pivot levels (Daily, Weekly, Monthly). It is designed to give traders a complete view of both trend direction and key support/resistance zones, all in a single package.
By combining pivots and moving averages, this tool helps traders quickly identify whether the market is trending or ranging, while also highlighting critical price reaction points that can be used for intraday, swing, or positional trading.
🔹 Moving Averages
50 EMA → medium-term trend filter
200 EMA → long-term trend bias
800 HMA → ultra-smooth trend direction, great for capturing cycles
Daily EMA 200 → higher timeframe trend guide for precision entries
Each moving average is dynamically color-coded to reflect the market bias, making trend changes visually clear and easy to follow.
🔹 Pivot Levels (Daily, Weekly, Monthly)
Auto-calculated pivot, support (S1–S4), and resistance (R1–R4) levels
Balance Zone (BC & TC) highlighted with background shading
Custom colors, visibility toggles, and line thickness options
Dynamic horizontal levels that update with each new session
Ideal for spotting intraday reversals, swing levels, and institutional confluence zones
🔹 Customization & Flexibility
Toggle EMAs, HMA, and each pivot timeframe (Daily/Weekly/Monthly) individually
Full control over colors, transparency, and line styles
Background shading between pivot balance zones for clearer structure
✅ Key Benefits (Pros)
All-in-One Tool → Combines pivots and MAs into one clean package, saving chart space
Multi-Timeframe Edge → View daily, weekly, and monthly pivot levels together for better confluence
Clear Trend Guidance → EMA & HMA color shifts reflect trend changes instantly
Professional Visualization → Background balance zones and structured layouts make levels easy to read
Highly Customizable → Designed to adapt to intraday scalpers, swing traders, and long-term investors alike
⚠️ Things to Keep in Mind (Cons)
Charts may feel visually crowded if all pivots and moving averages are enabled at once
Best used as a confirmation & confluence tool, not as a stand-alone trading strategy
🔥 Recommended Enhancements (For Even Higher Success Rate)
This script already provides a strong edge, but adding the following tools can make it even more powerful:
Volume Confirmation (OBV or VWAP) → Validate pivot/EMA breakouts with volume strength
Momentum Filter (RSI or MACD Histogram) → Confirm directional momentum before acting on pivot touches
Trend Strength (ADX or Supertrend) → Distinguish strong trending phases from weak ranges
Reversal Candlestick Highlight → Automatically mark engulfing candles or pin bars occurring at pivots
These lightweight add-ons integrate well with the existing framework and can improve decision-making without cluttering the chart.
📊 Best Use Cases
Intraday Traders → Use daily pivots with 50/200 EMA for quick scalps and reversals
Swing Traders → Rely on weekly and monthly pivots for confluence with 200 EMA trend bias
Institutional/Positional Traders → Track 800 HMA and higher timeframe EMA 200 for structural guidance
Confluence Hunters → Combine pivot levels with trend bias for high-probability setups
Daily SMA200 Distance - Percentile Zones The Daily SMA200 Distance – Percentile Zones indicator measures the percentage distance of price relative to the 200-day Simple Moving Average (SMA200) and classifies it into historical percentile zones.
This tool helps identify the context of an asset in relation to its medium- to long-term trend:
Cheap Zone (< P25): price at historically low levels relative to the SMA200.
Value Zone (P25–P50): neutral range, where price trades around its medium-term average.
Acceptable Zone (P50–P65): moderately high levels, still reasonable within an uptrend.
Not Recommended Zone (P65–P76): overextended territory with rising correction risk.
Very Expensive Zone (≥ P76): extreme levels, historically linked to overvaluation and potential market tops.
Percentile calculations update dynamically with each new daily candle, providing a robust and objective statistical perspective for swing trading and portfolio management decisions.
Rayner Teo's EMA SettingCollection of Indicators for Rayner Teo's Strategy
- Displays the 20, 50, and 200 EMA s.
- Highlights the bar when the price enters the area between the 20 EMA and the 50 EMA .
- A green signal appears when the 20, 50, and 200 EMAs are aligned .
- A red signal appears when the price crosses down the 20 EMA during a bullish trend.
- The dim steplines below and above price bar show the 1.5 x ATR(20) used for stop loss .
<alsubihi=حركة السعر >The indicator includes many features such as market structure analysis (BOS and CHoCH), multi-timeframe analysis (MTF), RSI and ADX indicators, volume-based order blocks (OB), accumulation and distribution zones, fair value gaps (FVG), and highs and lows levels.
ADR LadderAverage Daily Range levels by percentage.
I enter a trade when the volume is medium to high and when the price closes above 3% (buy) and below 3% (sell). I use the opposite side as SL. TP above 50%.
MTF confluence 1m, 5m, 15m, 30m, 1hr, 2hr indociator (gree/ red)shows 1m, 5m, 15m, 30m, 1hr, 2hr candle charts either being green or red to show major trend forming up or down ( shows up as an indicator under chart)
Ultimate Fundamental FortressScript Overview
This script provides a comprehensive Fundamental Health Scorecard for stocks, calculating a normalized score out of 100 based on key financial metrics fetched from TradingView's fundamental data. It displays the results in an elegant table with customizable colors, a dynamic plot for visualization, and a scorecard label for quick insights. The scorecard helps users assess a stock's value, profitability, and financial strength at a glance.
Purpose
The primary goal is to simplify fundamental analysis by aggregating essential ratios into a single, easy-to-interpret score. Inspired by value investing principles (e.g., low P/E and P/B for undervalued stocks, high ROE for efficiency), it empowers traders and investors to identify strong fundamentals quickly. It's especially useful for screening undervalued opportunities or comparing stocks within sectors.
Principles
Metrics Selection: Focuses on core fundamentals: Price-to-Book (P/B), Price-to-Earnings (P/E), Return on Equity (ROE), Debt-to-Equity (D/E), Free Cash Flow (FCF normalized by market cap), EBITDA (normalized by market cap), and Net Profit Margin. These are chosen for their balance of valuation, profitability, and risk assessment.
Scoring Philosophy: Each metric is scored based on thresholds (e.g., low ratios for valuation metrics indicate better value). If manual sector averages are provided, scoring becomes relative (e.g., stock P/B below sector average gets higher points), reducing subjectivity and adapting to industry norms. Without averages, absolute thresholds apply.
Normalization: Scores are summed and scaled to 100, ignoring missing data to ensure robustness. This allows fair comparison across stocks with varying data availability.
Customization: Users can adjust thresholds, colors, and sector averages for personalized analysis, making it flexible for different markets or strategies.
Calculation Methodology
Data Fetching: Uses request.financial() to pull quarterly (FQ) or trailing twelve months (TTM) data for metrics like BVPS, EPS, ROE, etc.
Ratio Computations:
P/B = Close Price / BVPS
P/E = Close Price / EPS
ROE = Directly fetched
D/E = Total Liabilities / Equity
Net Margin = Net Income / Revenue
Normalized FCF = FCF / Market Cap (as percentage)
Normalized EBITDA = EBITDA / Market Cap (as percentage)
Scoring:
For each metric, compare to thresholds or relative to sector averages (if provided >0).
Example for P/B: If relative (sector avg >0), stock P/B < avg * high factor → 15 pts; < avg * med factor → 10 pts; etc.
For ROE/Net Margin (higher is better): Reverse logic (stock > avg / factor).
FCF/EBITDA: Always absolute (normalized thresholds).
Minimum score per metric: 2-5 pts if poor.
Total Score: Sum valid scores, divide by max possible for those metrics, multiply by 100.
Output: Table shows components, values, scores, and sector avgs.
Plot visualizes score with color-coding.
Label categorizes (e.g., "Buffett Approved" for 85+).
User Inputs and Benefits
Thresholds (Absolute/Relative Factors): Customize scoring rules (e.g., change P/E low threshold from 10 to 12).
Benefit: Adapt to personal strategy or market conditions – e.g., stricter for growth stocks.
Manual Sector Averages: Enter averages (e.g., sector P/B = 2.5).
Benefit: Makes scoring industry-specific, reducing bias (e.g., tech's high P/E normal, banking's low ROE risky). If not entered (≤0), falls back to absolute for simplicity.
Color Customizations: Adjust table colors (header, scores).
Benefit: Personalize visuals for dark/light themes, improving readability and user experience.
Normalized FCF/EBITDA Thresholds: Set as % of market cap. Benefit: Size-independent comparison – small caps won't be disadvantaged.
Usage Notes Add to chart via Indicators menu.
Data relies on TradingView fundamentals – may be limited for some exchanges (e.g., BIST, international). Use manual averages for accuracy.
For screener: High request count (10) may exceed limits; use reduced version if needed.
Not financial advice – always verify with external sources.
Feedback welcome – let's improve together!
ChrisFxGold"This indicator has been specifically developed for gold (XAU/USD) analysis on the 15-minute timeframe, providing the best trend confirmations and signaling opportunities for buy and sell entries. It integrates multiple real-time timeframes of the most relevant symbols, detecting trend reversals and highlighting them with color variations for easier interpretation. It includes strategic entry points, as well as session open levels for London, Tokyo, and New York, along with key monthly and weekly opening levels, offering a comprehensive market view for informed and precise decision-making."
[TRIX] Vertical Timeframe LinesIndicator allows user to select higher timeframe intervals that are drawn on lower time frame as vertical lines. This allows user to see when current higher timeframe candle is closing relative to lower timeframe price action. User can adjust line color, line style, and optional enable or disable days of week labels. User can also enable future divider which shows +1 open/close vertical line.
Ranges by TraderHaroThis indicator highlights a custom price range for a selected date/time period on your chart. It draws key levels (0.00, 0.25, 0.50, 0.75, 1.00) within the range, visually marking the Premium Zone (upper range) and Discount Zone (lower range).
Features:
- Define a specific date/time range for the analysis.
- Optional fill between top and bottom levels with customizable color and transparency.
- Shows mid-levels (0.25, 0.50, 0.75) for additional guidance.
- Lines and fill can be extended to the right side of the chart.
- Labels for levels can be displayed or hidden.
Use Case:
Quickly identify where price is trading relative to a defined range, visualize potential zones of premium (resistance) and discount (support), and make better-informed trading decisions.
Adaptive Squeeze Momentum PROThis indicator is built on the classic Squeeze Momentum, but fully updated and enhanced for today’s traders. Here’s how it works and what makes it unique:
1️⃣ The core logic: the “Squeeze”
The market compresses when Bollinger Bands (BB) contract inside Keltner Channels (KC).
That’s called “Squeeze ON” → low volatility, the market is coiling energy.
When BB break back outside KC, we get “Squeeze OFF” → volatility expansion, often the start of a strong move.
2️⃣ The momentum histogram
The histogram tracks both direction and strength of momentum.
Bright green → bullish momentum increasing.
Dark green → bullish momentum fading.
Bright red → bearish momentum growing.
Dark red → bearish momentum weakening.
This gives a clear picture of not just where the market is going, but how strong the move is.
3️⃣ Smart filters
To reduce false signals, extra filters are included:
EMA filter: only validate signals in the direction of a chosen EMA (e.g. EMA 50).
Volume filter: optional check that volume is above its moving average → avoids dead squeezes without real participation.
4️⃣ Visual signals
Black dot → squeeze ON (volatility compression).
Gray dot → squeeze OFF (release, watch closely).
Histogram color shifts live to show momentum changes.
5️⃣ Info label (latest candle)
On the last bar, a small label summarizes:
Current state → Squeeze, Release, or Neutral.
BB & KC parameters in use.
Whether EMA filter is ON or OFF.
🎯 How to use it
Watch for squeeze ON (black dot + tight histogram) → market is loading energy.
Wait for the release (gray dot) → volatility expansion is coming.
Confirm with histogram color → green = bullish move, red = bearish move.
Use filters:
EMA filter → trade with trend.
Volume filter → only take signals with strong participation.
⚠️ Disclaimer:
This script is for educational purposes only. It is not financial advice or a guaranteed trading system. Always backtest thoroughly and use proper risk management before applying it in live markets. Trading involves risk, and you are solely responsible for your own decisions.
Mickey's TrendLock📌 Strategy Overview
The Mickey's Trendlock is a professional intraday trading system that combines long-term and short-term exponential moving averages (EMA200 & EMA20) with multiple confirmation filters to generate high-probability trade setups. It is designed for both trend-following crossovers and pullback entries, giving traders flexibility in approach.
⚙️ Core Logic
Entry Modes:
Cross Mode → Signals when EMA20 crosses above/below EMA200.
Pullback Mode → Signals when price pulls back to EMA20 within the larger EMA200 trend bias.
Confirmations (toggle on/off):
RSI(14) → Long only if RSI ≥ 50, Short only if RSI ≤ 50.
VWAP Bias → Longs above VWAP, Shorts below VWAP.
Volume Confirmation → Optional filter requiring Volume > SMA(20).
🛡️ Risk Management
Stop Loss Options:
ATR-based Stop with adjustable multiplier.
EMA-anchored Stop (EMA20 or EMA200).
Take Profit: Configurable Risk/Reward (R:R) ratio.
Trailing Stop: Optional ATR-based trailing stop for dynamic protection.
📊 Features
Customizable Risk Controls – ATR/EMA stop-loss, risk–reward targets, trailing stops.
Clean Visuals – EMA200, EMA20, and VWAP plotted for clarity.
Alerts – JSON-format alerts for automated broker integration.
Entry Labels – BUY/SELL markers on chart for visual tracking.
✅ Best Suited For
Intraday traders who prefer trend-based setups with confirmation filters.
Traders looking for rule-based entries & exits with strict risk management.
Users who want alert-ready signals for automated execution.
⚠️ Disclaimer
This script is for educational purposes only. It does not constitute financial advice. Trading involves risk; always test thoroughly before using live capital.
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