Multiple (12) Strong Buy/Sell Signals + Momentum
Indicator Manual: "Multiple (12) Strong Buy/Sell Signals + Momentum"
This indicator is designed to identify strong buy and sell signals based on 12 configurable conditions, which include a variety of technical analysis methods such as trend-following indicators, pattern recognition, volume analysis, and momentum oscillators. It allows for customizable alerts and visual cues on the chart. The indicator helps traders spot potential entry and exit points by displaying buy and sell signals based on the selected conditions.
Key Observations:
• The script integrates multiple indicators and pattern recognition methods to provide comprehensive buy/sell signals.
• Trend-based indicators like EMAs and MACD are combined with pattern recognition (flags, triangles) and momentum-based signals (RSI, ADX, and volume analysis).
• User customization is a core feature, allowing adjustments to the conditions and thresholds for more tailored signals.
• The script is designed to be responsive to market conditions, with multiple conditions filtering out noise to generate reliable signals.
________________________________________
Key Features:
1. 12 Combined Buy/Sell Signal Conditions: This indicator incorporates a diverse set of conditions based on trend analysis, momentum, and price patterns.
2. Minimum Conditions Input: You can adjust the threshold of conditions that need to be met for the buy/sell signals to appear.
3. Alert Customization: Set alert thresholds for both buy and sell signals.
4. Dynamic Visualization: Buy and sell signals are shown as triangles on the chart, with momentum signals highlighted as circles.
________________________________________
Detailed Description of the 12 Conditions:
1. Exponential Moving Averages (EMA):
o Conditions: The indicator uses EMAs with periods 3, 8, and 13 for quick trend-following signals.
o Bullish Signal: EMA3 > EMA8 > EMA13 (Bullish stack).
o Bearish Signal: EMA3 < EMA8 < EMA13 (Bearish stack).
o Reversal Signal: The crossing over or under of these EMAs can signify trend reversals.
2. MACD (Moving Average Convergence Divergence):
o Fast MACD (2, 7, 3) is used to confirm trends quickly.
o Bullish Signal: When the MACD line crosses above the signal line.
o Bearish Signal: When the MACD line crosses below the signal line.
3. Donchian Channel:
o Tracks the highest high and lowest low over a given period (default 20).
o Breakout Signal: Price breaking above the upper band is bullish; breaking below the lower band is bearish.
4. VWAP (Volume-Weighted Average Price):
o Above VWAP: Bullish condition (price above VWAP).
o Below VWAP: Bearish condition (price below VWAP).
5. EMA Stacking & Reversal:
o Tracks the order of EMAs (3, 8, 13) to confirm strong trends and reversals.
o Bullish Reversal: EMA3 < EMA8 < EMA13 followed by a crossing to bullish.
o Bearish Reversal: EMA3 > EMA8 > EMA13 followed by a crossing to bearish.
6. Bull/Bear Flags:
o Bull Flag: Characterized by a strong price movement (flagpole) followed by a pullback and breakout.
o Bear Flag: Similar to Bull Flag but in the opposite direction.
7. Triangle Patterns (Ascending and Descending):
o Detects ascending and descending triangles using pivot highs and lows.
o Ascending Triangle: Higher lows and flat resistance.
o Descending Triangle: Lower highs and flat support.
8. Volume Sensitivity:
o Identifies price moves with significant volume increases.
o High Volume: When current volume is significantly above the moving average volume (set to 1.2x of the average).
9. Momentum Indicators:
o RSI (Relative Strength Index): Confirms overbought and oversold levels with thresholds set at 65 (overbought) and 35 (oversold).
o ADX (Average Directional Index): Confirms strong trends when ADX > 28.
o Momentum Up: Momentum is upward with strong volume and bullish RSI/ADX conditions.
o Momentum Down: Momentum is downward with strong volume and bearish RSI/ADX conditions.
10. Bollinger & Keltner Squeeze:
o Squeeze Condition: A contraction in both Bollinger Bands and Keltner Channels indicates low volatility, signaling a potential breakout.
o Squeeze Breakout: Price breaking above or below the squeeze bands.
11. 3 Consecutive Candles Condition:
o Bullish: Price rises for three consecutive candles with higher highs and lows.
o Bearish: Price falls for three consecutive candles with lower highs and lows.
12. Williams %R and Stochastic RSI:
o Williams %R: A momentum oscillator with signals when the line crosses certain levels.
o Stochastic RSI: Provides overbought/oversold levels with smoother signals.
o Combined Signals: You can choose whether to require both WPR and StochRSI to signal a buy/sell.
________________________________________
User Inputs (Inputs Tab):
1. Minimum Conditions for Buy/Sell:
o min_conditions: Number of conditions required to trigger a buy/sell signal on the chart (1 to 12).
o Alert_min_conditions: User-defined alert threshold (how many conditions must be met before an alert is triggered).
2. Donchian Channel Settings:
o Show Donchian: Toggle visibility of the Donchian channel.
o Donchian Length: The length of the Donchian Channel (default 20).
3. Bull/Bear Flag Settings:
o Bull Flag Flagpole Strength: ATR multiplier to define the strength of the flagpole.
o Bull Flag Pullback Length: Length of pullback for the bull flag pattern.
o Bull Flag EMA Length: EMA length used to confirm trend during bull flag pattern.
Similar settings exist for Bear Flag patterns.
4. Momentum Indicators:
o RSI Length: Period for calculating the RSI (default 9).
o RSI Overbought: Overbought threshold for the RSI (default 65).
o RSI Oversold: Oversold threshold for the RSI (default 35).
5. Bollinger/Keltner Squeeze Settings:
o Squeeze Width Threshold: The maximum width of the Bollinger and Keltner Bands for squeeze conditions.
6. Stochastic RSI Settings:
o Stochastic RSI Length: The period for calculating the Stochastic RSI.
7. WPR Settings:
o WPR Length: Period for calculating Williams %R (default 14).
________________________________________
User Inputs (Style Tab):
1. Signal Plotting:
o Control the display and colors of the buy/sell signals, momentum indicators, and pattern signals on the chart.
o Buy/Sell Signals: Can be customized with different colors and shapes (triangle up for buys, triangle down for sells).
o Momentum Signals: Custom circle placement for momentum-up or momentum-down signals.
2. Donchian Channel:
o Show Donchian: Toggle visibility of the Donchian upper, lower, and middle bands.
o Band Colors: Choose the color for each band (upper, lower, middle).
________________________________________
How to Use the Indicator:
1. Adjust Minimum Conditions: Set the minimum number of conditions that must be met for a signal to appear. For example, set it to 5 if you want only stronger signals.
2. Set Alert Threshold: Define the number of conditions needed to trigger an alert. This can be different from the minimum conditions for visual signals.
3. Customize Appearance: Modify the colors and styles of the signals to match your preferences.
________________________________________
Conclusion:
This comprehensive trading indicator uses a combination of trend-following, pattern recognition, and momentum-based conditions to help you spot potential buy and sell opportunities. By adjusting the input settings, you can fine-tune it to match your specific trading strategy, making it a versatile tool for different market conditions.
Signal Reliability Based on Condition Count
The reliability of the buy/sell signals increases as more conditions are met. Here's a breakdown of the probabilities:
1. 1-3 Conditions Met: Lower Probability
o Signals that meet only 1-3 conditions tend to have lower reliability and are considered less probable. These signals may represent false positives or weaker market movements, and traders should approach them with caution.
2. 4 Conditions Met: More Reliable Signal
o When 4 conditions are met, the signal becomes more reliable. This indicates that multiple indicators or market patterns are aligning, increasing the likelihood of a valid buy/sell opportunity. While not foolproof, it's a stronger indication that the market may be moving in a particular direction.
3. 5-6 Conditions Met: Strong Signal
o A signal meeting 5-6 conditions is considered a strong signal. This indicates a well-confirmed move, with several technical indicators and market factors aligning to suggest a higher probability of success. These are the signals that traders often prioritize.
4. 7+ Conditions Met: Rare and High-Confidence Signal
o Signals that meet 7 or more conditions are rare and should be considered high-confidence signals. These represent a significant alignment of multiple factors, and while they are less frequent, they are highly reliable when they do occur. Traders can be more confident in acting on these signals, but they should still monitor market conditions for confirmation.
________________________________________
You can adjust the number of conditions as needed, but this breakdown should give a clear structure on how the signal strength correlates with the number of conditions met!
在腳本中搜尋"Buy sell"
The real breakout indicator CCI + Money Flow + Buy / SellComponents of the indicator
1. CCI (Commodity Channel Index)
The CCI component measures the deviation of the price from its statistical average. It is used to identify overbought or oversold conditions and is integrated into the trend logic to determine potential trend reversals. High values may indicate overbought conditions, while low values could signify oversold situations.
Detailed
The CCI (Commodity Channel Index) used in "The Real Breakout Indicator Hawk" is an enhanced version compared to the traditional CCI, offering several advantages:
1. Weighting and Smoothing Mechanism
In this version, the CCI values are weighted and smoothed using custom parameters (c1, c2, c3), which allows for greater flexibility in adjusting the sensitivity of the CCI to market conditions. This smoothing reduces noise and provides clearer signals compared to the standard CCI, which can be prone to whipsaws in volatile markets.
2. Multi-level Calculation
The indicator uses an array-based approach to calculate multiple variations of CCI values (with p as the parameter for different levels of calculation), which is then combined to create a more robust signal. This multi-level approach allows for capturing different market cycles, unlike the traditional CCI that only uses a single period for calculation.
3. Integration with Moving Averages and Trend Detection
Unlike the original CCI, which is often used in isolation, this version integrates with the trend detection logic by combining it with moving averages and money flow. The enhanced CCI contributes to the broader trend analysis, ensuring that buy/sell signals are not just based on CCI overbought/oversold levels but also validated by moving averages and slope calculations.
4. Trend-Weighted CCI
This version adds weight to recent price action trends, making it more adaptive to current market momentum. The CCI values are influenced by recent high and low prices, adding a trend-following aspect that is missing from the original CCI, which treats all price deviations equally.
This image of EURAD shows for example that when CCI component is green a strong trend is detected which can hold for up to 10 days in this example, ideal for swing trades;
EURAUD 2H
5. Improved Overbought/Oversold Detection
The script incorporates a dynamic overbought/oversold detection zone based on the enhanced CCI. It accounts for market volatility, allowing it to adjust its thresholds (such as the 200 level) more effectively in different market environments. This makes the enhanced CCI better suited for varying market conditions compared to the fixed thresholds of the original CCI.
You can see that the red diamond signal is generated at the absolute top of the price range after which price started to reverse, the detection is based on a cross over value together with Money Flow strength
BTCUSDT 2H
6. Strong Buy/Sell Confirmation
The enhanced CCI works in tandem with other components like Money Flow and Moving Averages to confirm buy or sell signals. This cross-validation makes the indicator less reliant on CCI alone and ensures that the signals generated are stronger and less prone to false positives, which is a common issue with the standalone CCI.
The green diamond buy signal in a strong downtrend is mostly a short retrace of price before continuing down further, yo can use this as an entry signal after the bounce up into an FVG for example. However when price is at a support, meaning price is not moving down further and this occurs this could be a potential reversal signal as shown on the right side on the chart below. FVG is not respected, retested and price continues up.
BTCUSDT 2H
Summary:
In summary, the enhanced CCI in this indicator improves over the original CCI by providing better noise reduction, multi-level analysis, trend integration, and adaptability to different market conditions. These improvements lead to more reliable and actionable trading signals.
2. Money Flow (MF) www.tradingview.com
The Money Flow component tracks the flow of capital in and out of an asset. Positive values indicate strong buying pressure, while negative values show selling pressure. This is smoothed to avoid noise and is used to confirm strong buy or sell conditions.
The Money Flow (MF) in "The Real Breakout Indicator Hawk" measures the flow of capital into or out of an asset, helping to assess the underlying buying or selling pressure in the market.
1. Positive Money Flow (Buying Pressure)
When the MF is positive, it indicates that more money is flowing into the asset, which suggests strong buying interest. This helps confirm that a price increase or breakout to the upside is supported by demand.
2. Negative Money Flow (Selling Pressure)
A negative MF indicates that capital is leaving the asset, reflecting selling pressure. This is a sign that the market is under bearish conditions, and prices are likely to decline or break down.
3. Confirmation of Buy and Sell Signals
The MF is used to confirm buy and sell signals generated by other components of the indicator. When the MF aligns with other bullish signals, it strengthens the buy condition, and similarly, when the MF shows strong selling pressure, it reinforces a sell signal.
4. Filtering Noise
The MF is smoothed to filter out noise, ensuring that only significant movements in buying or selling pressure are considered. This helps avoid false signals and makes the MF a reliable tool for detecting true market strength.
5. Range Sensitivity
The MF operates within defined ranges, ensuring that buy or sell signals are only triggered when the flow of money is strong enough, adding precision to signal generation.
In summary, the Money Flow component is crucial for validating market direction, enhancing signal reliability, and helping traders make more informed decisions based on the underlying capital movement in the market.
3. Moving Averages (MA)
Multiple types of moving averages (SMA, EMA, HMA, etc.) are used to smooth price action and highlight the trend direction. The script supports different types of moving averages, and their slopes are calculated to assist in identifying changes in trend momentum.
The Moving Averages (MA) section of "The Real Breakout Indicator Hawk" plays a critical role in smoothing price data, identifying trends, and generating buy/sell signals. Here’s a breakdown of what it does and how you can use it effectively without diving into the script:
1. Moving Average Types
This section allows the user to choose from different types of moving averages, each with unique characteristics:
SMA (Simple Moving Average): Takes the average of closing prices over a specific period. It’s slower and better suited for detecting long-term trends.
EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new price action and suitable for short-term trading.
HMA (Hull Moving Average): A smoother and faster moving average, useful for reducing lag in fast-moving markets.
LVMA (Linear Weighted Moving Average): Places the most weight on recent prices, making it even more responsive than EMA.
Alma (Arnaud Legoux Moving Average): A smoother version that reduces noise while maintaining responsiveness to recent price action.
2. Smoothing and Trend Detection
The moving average smooths out price data to remove small fluctuations and focuses on the overall trend. When prices are trading above the moving average, it suggests that the market is in an uptrend. When prices are below the moving average, it indicates a downtrend.
3. Trend Confirmation
The moving average serves as a confirmation tool. When the price crosses above the moving average, it could signal the start of a bullish trend, and when the price crosses below, it may indicate the beginning of a bearish trend.
4. Buy and Sell Signals
Buy Signal: The system detects a buy signal when:
The moving average crosses above 0, indicating a potential upward momentum.
Other indicators like Money Flow and CCI align to confirm the trend.
Sell Signal: A sell signal is triggered when:
The moving average crosses below 0, signaling a potential downtrend.
This signal is further validated by other components such as Money Flow and CCI to reduce false signals.
5. Using Moving Averages in Trading
Crossover Strategy: One of the simplest ways to use moving averages is by employing a crossover strategy. For instance:
When the shorter-term moving average (e.g., 20-period) crosses above a longer-term moving average (e.g., 50-period), this is a bullish crossover, indicating a buy signal.
Conversely, when the shorter-term moving average crosses below the longer-term moving average, this is a bearish crossover, indicating a sell signal.
Trend Following: If you’re trading with the trend, you can use a moving average to stay in the trade as long as the price remains above (for long positions) or below (for short positions) the moving average.
Support and Resistance: Moving averages can also act as dynamic support or resistance levels. For example, in an uptrend, the CCI might bounce off the moving average, offering a good entry point for a long position. In a downtrend, the moving average could act as resistance where prices may reverse, offering a shorting opportunity.
To use the MA section effectively:
Choose the right type of moving average based on your trading style (e.g., use EMA for faster response or SMA for long-term trends).
Watch for crossovers as buy/sell signals, especially in combination with other indicators.
Follow the trend by observing whether the price is above or below the moving average.
Use the moving average as a dynamic support/resistance level to find optimal entry/exit points.
This approach makes the moving average a versatile tool for identifying trends, refining entry and exit points, and confirming overall market direction.
an example when MA crosses below 0, keep in mind that when it it starts curving up and turning green there is a reversal brewing, this could take time...
BTCUSDT 2H
4. Buy Signals
Buy signals are generated when the moving average crosses up, and the Money Flow and other trend-based conditions are met, including CCI levels confirming the strength of the breakout. Additionally, slope calculations and other momentum indicators provide extra confirmation for entries.
5. Sell Signals
Sell signals occur when the moving average crosses down, combined with negative Money Flow, confirming downward pressure. Other trend-based conditions, including the CCI, must also align to validate the signal, and slope calculations ensure that momentum is on the sell side.
6. Slope and Trend Detection
The script includes calculations for the slope of price action over a lookback period to measure trend strength and direction. The slope is normalized to help identify when the market is gaining or losing momentum. This slope is used in conjunction with the moving averages and Money Flow to give more accurate trend signals.
The Slope and Trend Detection component in "The Real Breakout Indicator Hawk" is designed to measure the direction and strength of the market’s trend by calculating the slope of the price action over a specific period. This helps to identify whether the market is gaining or losing momentum, and it is a key element in refining buy/sell signals.
Here’s how the Slope and Trend Detection works and how you can use it effectively without diving into the script:
1. Slope Calculation
Slope is essentially the rate of change of the moving average (or price) over a given number of bars. It measures how steeply the price is moving up or down.
The script calculates the slope by measuring the difference between the moving average over a defined number of bars (e.g., 12 bars in this case). A larger slope indicates a stronger trend, while a smaller slope suggests a weaker or consolidating trend.
2. Normalized Slope
The slope is normalized, meaning it is adjusted to fall within a range that makes it easier to compare across different time frames and markets. This normalization helps to gauge whether the slope is strong or weak relative to historical data.
Positive slopes (above 0) indicate an uptrend or rising price momentum, while negative slopes (below 0) indicate a downtrend or falling price momentum.
3. Trend Detection
The slope of the moving average is used to detect the current trend:
If the slope is positive, the market is in an uptrend.
If the slope is negative, the market is in a downtrend.
The stronger the slope (the steeper it is), the stronger the trend. A small slope indicates a weak trend or consolidation.
4. Slope Thresholds
The system uses thresholds to determine the significance of the slope. These thresholds are set as upper and lower bounds:
Upper Threshold: If the slope exceeds this threshold, the trend is considered strong, and it could trigger a buy signal.
Lower Threshold: If the slope falls below this threshold (into the negative range), it indicates a strong downtrend, and it could trigger a sell signal.
These thresholds help filter out weak or false signals that occur in sideways or low-momentum markets.
5. Positive and Negative Slope Arrays
The system keeps track of both positive and negative slopes over a defined lookback period (e.g., 500 bars). By storing these values, it creates a historical context that helps to assess the current slope in relation to past price movements.
It calculates the standard deviation and the average of these slopes to dynamically adjust the thresholds for each market condition, making the trend detection more adaptive to different types of assets or market phases.
6. Using Slope and Trend Detection in Trading
Buy Signal with Positive Slope: When the slope is positive and exceeds a certain threshold, it confirms that the market is in a strong uptrend. This can be used as a signal to enter a long position or add to existing long trades.
Sell Signal with Negative Slope: When the slope turns negative and falls below the lower threshold, it signals a strong downtrend, indicating a potential short-selling opportunity or the time to exit long positions.
Avoiding Flat Markets: If the slope remains close to zero (neither strongly positive nor negative), it suggests a lack of clear trend or a consolidating market. In these conditions, it might be better to avoid taking new trades or use additional filters to confirm signals.
7. Slope-Based Trend Strength Indicator
You can also use the slope as a measure of trend strength:
Strong Trend: When the slope is steep (either positive or negative), it indicates strong momentum, and you can be more confident in holding a trade in that direction.
Weak Trend or Consolidation: When the slope is flat, it indicates weak price momentum, which may signal a period of consolidation or indecision in the market.
8. Visual Representation
The slope is often visually represented as a gradient or line that fluctuates around a central point (usually zero). Positive values are shown in one color (e.g., green for an uptrend), while negative values are shown in another color (e.g., red for a downtrend). This allows traders to quickly identify the current trend direction and its strength.
Summary:
To use Slope and Trend Detection effectively:
Monitor the slope to determine the trend direction (positive = uptrend, negative = downtrend).
Look for thresholds to identify strong trends. For instance, a steep positive slope signals a strong uptrend, while a steep negative slope signals a strong downtrend.
Use slope changes to confirm buy/sell signals. For example, if you receive a buy signal and the slope is positive and increasing, it confirms that momentum is behind the trade.
Avoid low-slope periods when the slope is close to zero, indicating a lack of trend or sideways market conditions.
This approach helps traders stay on the right side of the trend while avoiding periods of low momentum, enhancing the accuracy of trade signals.
7. Banker Fund Flow Trend
This component identifies potential large institutional moves by tracking specific patterns in price and volume data. When the institutional or "banker" entry or exit conditions are met, it highlights these moments with candles and generates alerts.
The Banker Fund Flow Trend in "The Real Breakout Indicator Hawk" helps detect the flow of institutional (or "smart money") into and out of the market by tracking price trends and large player activity. It uses red and yellow candles to signal when institutional money is influencing the market.
Key Points:
Yellow Candles (Banker Entry):
A yellow candle is plotted when institutional money starts flowing into the market.
This signals a potential buy opportunity, as large market players are likely pushing prices upward.
Red Candles (Banker Exit):
A red candle appears when institutional money starts exiting the market.
This is a signal to consider selling or exiting long positions, as institutional selling could drive prices lower.
Usage:
Yellow candles: Use these as signals to enter long trades or add to existing positions, confirming upward momentum driven by institutional buyers.
Red candles: Treat these as signals to exit long trades or consider short positions, as institutional selling may lead to further downside.
BTCUSDT 2H
The yellow and red candles provide clear, actionable signals for aligning trades with institutional flows, ensuring you’re following the "smart money."
8. Dynamic Buy/Sell Calculations
A dynamic component is designed to refine the buy and sell signals further based on additional conditions like price patterns, volatility, and Money Flow. This ensures that signals are more responsive to changing market conditions.
The Dynamic Buy/Sell Calculations in "The Real Breakout Indicator Hawk" are designed to refine entry and exit points for trades by using additional conditions beyond simple crossovers. These calculations adapt to the current market conditions, making them more responsive to changes in volatility, trend strength, and momentum.
Key Features:
Dynamic Buy Calculation:
The indicator generates a buy signal when multiple conditions align. These conditions include the money flow (MF) being within a favorable range, the moving average (MA) confirming upward momentum, and the CCI and other trend components indicating strength.
This makes the buy signal more reliable, as it considers multiple aspects of market behavior (price, momentum, and money flow) to avoid false entries.
Dynamic Sell Calculation:
Similarly, the sell signal is triggered when the dynamic conditions indicate downward momentum.
This includes:
The moving average crossing down.
Negative money flow, suggesting selling pressure.
Other trend signals confirming a bearish move.
The dynamic nature of these conditions ensures that sell signals are only generated when there’s a high probability of continued downside movement.
Adaptive to Market Conditions:
The dynamic nature of these calculations means that the buy/sell signals adapt to market changes, like volatility spikes or sudden trend reversals. Instead of relying on static conditions, the system adjusts to current price movements and volatility.
Avoiding Noise:
By adding multiple filters like MF thresholds, slope, and moving averages, the dynamic calculations help reduce false signals that occur in noisy, sideways markets. This helps traders avoid entering trades during periods of low momentum or unclear trends.
How to Use:
Buy Signals: Use these signals to enter long trades when the dynamic conditions align, confirming that upward momentum is strong and backed by institutional flows.
BTCUSDT 2H
Aqua marker/cross signals (price manipulation/continuation)
BTCUSDT 2H
Sell Signals: Use the sell signals to exit long positions or enter short trades when the market shows signs of bearish momentum, confirmed by multiple conditions like MA crossovers and negative money flow.
BTCUSDT 2H
In summary, the Dynamic Buy/Sell Calculations provide a more sophisticated approach to generating trade signals by combining various trend and momentum indicators, helping traders make more informed decisions in different market conditions.
This part of the code is identifying two key trading signals: moments to buy and moments to sell based on the behavior of a calculated trend line.
Buy Condition:
The system looks for a situation where the trend has been moving downward but has started to reverse upward. Specifically, it checks if the trend was declining a little while ago, then stopped falling, and is now starting to rise. If these conditions are met and the trend is still below a certain level, the system considers this a possible time to buy.
Sell Condition:
The opposite happens for selling. The system monitors for a situation where the trend has been moving upward but starts to turn downward. It checks if the trend was rising, leveled off, and now seems to be starting to fall. If these conditions are met and the trend is above a certain level, this could indicate a good time to sell.
Visual Markers:
To help the user easily see these signals on a chart, the system places symbols at specific points. A marker appears on the chart where the conditions for buying or selling are met, allowing the trader to quickly spot potential entry or exit points in the market.
In summary, this logic is designed to detect possible changes in trend direction and signal appropriate times to consider buying or selling, with clear visual markers on the chart for quick identification.
9. Alerts for Buy and Sell
The indicator provides built-in alert conditions for both buy and sell signals. When these conditions are met, the system generates alerts, making it suitable for automated monitoring.
Each of these components works together to detect potential breakout opportunities, trend continuations, and reversals, making the indicator suitable for both short-term and long-term trading strategies.
Stoch RSI and RSI Buy/Sell Signals with MACD Trend FilterDescription of the Indicator
This Pine Script is designed to provide traders with buy and sell signals based on the combination of Stochastic RSI, RSI, and MACD indicators, enhanced by the confirmation of candle colors. The primary goal is to facilitate informed trading decisions in various market conditions by utilizing different indicators and their interactions. The script allows customization of various parameters, providing flexibility for traders to adapt it to their specific trading styles.
Usefulness
This indicator is not just a mashup of existing indicators; it integrates the functionality of multiple momentum and trend-detection methods into a cohesive trading tool. The combination of Stochastic RSI, RSI, and MACD offers a well-rounded approach to analyzing market conditions, allowing traders to identify entry and exit points effectively. The inclusion of color-coded signals (strong vs. weak) further enhances its utility by providing visual cues about the strength of the signals.
How to Use This Indicator
Input Settings: Adjust the parameters for the Stochastic RSI, RSI, and MACD to fit your trading style. Set the overbought/oversold levels according to your risk tolerance.
Signal Colors:
Strong Buy Signal: Indicated by a green label and confirmed by a green candle (close > open).
Weak Buy Signal: Indicated by a blue label and confirmed by a green candle (close > open).
Strong Sell Signal: Indicated by a red label and confirmed by a red candle (close < open).
Weak Sell Signal: Indicated by an orange label and confirmed by a red candle (close < open).
Example Trading Strategy Using This Indicator
To effectively use this indicator as part of your trading strategy, follow these detailed steps:
Setup:
Timeframe : Select a timeframe that aligns with your trading style (e.g., 15-minute for intraday, 1-hour for swing trading, or daily for longer-term positions).
Indicator Settings : Customize the Stochastic RSI, RSI, and MACD parameters to suit your trading approach. Adjust overbought/oversold levels to match your risk tolerance.
Strategy:
1. Strong Buy Entry Criteria :
Wait for a strong buy signal (green label) when the RSI is at or below the oversold level (e.g., ≤ 35), indicating a deeply oversold market. Confirm that the MACD shows a decreasing trend (bearish momentum weakening) to validate a potential reversal. Ensure the current candle is green (close > open) if candle color confirmation is enabled.
Example Use : On a 1-hour chart, if the RSI drops below 35, MACD shows three consecutive bars of decreasing negative momentum, and a green candle forms, enter a buy position. This setup signals a robust entry with strong momentum backing it.
2. Weak Buy Entry Criteria :
Monitor for weak buy signals (blue label) when RSI is above the oversold level but still below the neutral (e.g., between 36 and 50). This indicates a market recovering from an oversold state but not fully reversing yet. These signals can be used for early entries with additional confirmations, such as support levels or higher timeframe trends.
Example Use : On the same 1-hour chart, if RSI is at 45, the MACD shows momentum stabilizing (not necessarily negative), and a green candle appears, consider a partial or cautious entry. Use this as an early warning for a potential bullish move, especially when higher timeframe indicators align.
3. Strong Sell Entry Criteria :
Look for a strong sell signal (red label) when RSI is at or above the overbought level (e.g., ≥ 65), signaling a strong overbought condition. The MACD should show three consecutive bars of increasing positive momentum to indicate that the bullish trend is weakening. Ensure the current candle is red (close < open) if candle color confirmation is enabled.
Example Use : If RSI reaches 70, MACD shows increasing momentum that starts to level off, and a red candle forms on a 1-hour chart, initiate a short position with a stop loss set above recent resistance. This is a high-confidence signal for potential price reversal or pullback.
4. Weak Sell Entry Criteria :
Use weak sell signals (orange label) when RSI is between the neutral and overbought levels (e.g., between 50 and 64). These can indicate potential short opportunities that might not yet be fully mature but are worth monitoring. Look for other confirmations like resistance levels or trendline touches to strengthen the signal.
Example Use : If RSI reads 60 on a 1-hour chart, and the MACD shows slight positive momentum with signs of slowing down, place a cautious sell position or scale out of existing long positions. This setup allows you to prepare for a possible downtrend.
Trade Management:
Stop Loss : For buy trades, place stop losses below recent swing lows. For sell trades, set stops above recent swing highs to manage risk effectively.
Take Profit : Target nearby resistance or support levels, apply risk-to-reward ratios (e.g., 1:2), or use trailing stops to lock in profits as price moves in your favor.
Confirmation : Align these signals with broader trends on higher timeframes. For example, if you receive a weak buy signal on a 15-minute chart, check the 1-hour or daily chart to ensure the overall trend is not bearish.
Real-World Example: Imagine trading on a 15-minute chart :
For a buy:
A strong buy signal (green) appears when the RSI dips to 32, MACD shows declining bearish momentum, and a green candle forms. Enter a buy position with a stop loss below the most recent support level.
Alternatively, a weak buy signal (blue) appears when RSI is at 47. Use this as a signal to start monitoring the market closely or enter a smaller position if other indicators (like support and volume analysis) align.
For a sell:
A strong sell signal (red) with RSI at 72 and a red candle signals to short with conviction. Place your stop loss just above the last peak.
A weak sell signal (orange) with RSI at 62 might prompt caution but can still be acted on if confirmed by declining volume or touching a resistance level.
These strategies show how to blend both strong and weak signals into your trading for more nuanced decision-making.
Technical Analysis of the Code
1. Stochastic RSI Calculation:
The script calculates the Stochastic RSI (stochRsiK) using the RSI as input and smooths it with a moving average (stochRsiD).
Code Explanation : ta.stoch(rsi, rsi, rsi, stochLength) computes the Stochastic RSI, and ta.sma(stochRsiK, stochSmoothing) applies smoothing.
2. RSI Calculation :
The RSI is computed over a user-defined period and checks for overbought or oversold conditions.
Code Explanation : rsi = ta.rsi(close, rsiLength) calculates RSI values.
3. MACD Trend Filter :
MACD is calculated with fast, slow, and signal lengths, identifying trends via three consecutive bars moving in the same direction.
Code Explanation : = ta.macd(close, macdLengthFast, macdLengthSlow, macdSignalLength) sets MACD values. Conditions like macdLine < macdLine confirm trends.
4. Buy and Sell Conditions :
The script checks Stochastic RSI, RSI, and MACD values to set buy/sell flags. Candle color filters further confirm valid entries.
Code Explanation : buyConditionMet and sellConditionMet logically check all conditions and toggles (enableStochCondition, enableRSICondition, etc.).
5. Signal Flags and Confirmation :
Flags track when conditions are met and ensure signals only appear on appropriate candle colors.
Code Explanation : Conditional blocks (if statements) update buyFlag and sellFlag.
6. Labels and Alerts :
The indicator plots "BUY" or "SELL" labels with the RSI value when signals trigger and sets alerts through alertcondition().
Code Explanation : label.new() displays the signal, color-coded for strength based on RSI.
NOTE : All strategies can be enabled or disabled in the settings, allowing traders to customize the indicator to their preferences and trading styles.
order flow buy/sell and profundity OrderBook Buy/Sell Flow & Polarity Indicator
This powerful indicator provides a detailed look into the market's internal dynamics by visualizing Order Flow (Tape/Time & Sales) and Price Polarity directly on your chart, all within a clean, customizable table. Understand real-time buying and selling pressure and gain insights into who's in control of the candle.
Key Features:
Real-time Order Flow (Tape/Time & Sales): Tracks individual "ticks" (price and volume updates) within the current bar, allowing you to see the immediate impact of buy and sell orders.
Dynamic Table Display: All data is presented in an intuitive, customizable table that can be positioned anywhere on your chart.
Aggregated Buy/Sell Volume: Clearly distinguishes between volume driven by buying (price moving up on a tick) and selling (price moving down on a tick).
"Rocket" Order Detection: Highlights unusually large buy or sell orders based on configurable thresholds (in BTC Millions for major cryptos, and Thousands/Millions for others), helping you spot significant institutional or whale activity.
Candle Polarity Section: A dedicated area in the table that shows the percentage of buying vs. selling volume for the entire current candle. The central cell dynamically blends between bullish (green) and bearish (red) colors, visually representing the dominant polarity.
Customizable Aesthetics: Full control over table colors, text colors, font sizes, and individual label colors to match your chart's theme.
Lightweight & Efficient: Designed to run smoothly without significant impact on your chart's performance.
Why Use This Indicator?
Most indicators only show you the result of price action. The "OrderBook Buy/Sell Flow & Polarity" indicator goes deeper, showing you the cause behind the price movement. By understanding the immediate order flow and the underlying buy/sell pressure within each candle, you can:
Identify accumulation or distribution: Spot when smart money might be entering or exiting positions.
Confirm breakouts/breakdowns: See if there's genuine volume behind price moves.
Gauge market sentiment in real-time: Quickly assess who is more aggressive – buyers or sellers.
Improve entry and exit points: Make more informed decisions based on live market activity.
Settings & Customization:
The indicator comes with a comprehensive set of input options, allowing you to fine-tune its appearance and functionality:
Table Position: Choose from various chart locations (Top/Middle/Bottom, Left/Center/Right).
Window Size (Order Flow): Adjust how many recent order flow "ticks" are displayed.
Colors: Personalize all table, text, and label colors.
Rocket Thresholds: Define the volume levels for "rocket" order detection based on asset type.
Polarity Section Toggle: Enable or disable the real-time candle polarity display.
Note: This indicator provides insights based on available real-time tick data from TradingView. While it simulates aspects of order book and tape reading, it is important to remember that direct access to full exchange Level 2 data is not available on TradingView.
Disclaimer: This indicator is for informational purposes only and should not be considered financial advice. Trading involves risk, and past performance is not indicative of future results.
Volume Buy/Sell Signals [EdgeTerminal]Volume Signals is an indicator based on volume moving averages and divergence to provide different types of information.
The first signal is the peak volume box shown in red or green, showing the volume peak in an uptrend or downtrend. This usually is a sign of reversal or a slowdown in the trend, depending on the direction of the price.
Peak zones assume that a movement has reached your end for the time being or a new movement is initiated. This cannot be verified by simple volume alone, that's why we have a buy/sell signal feature based on divergence.
The narrow box indicates a continuation of the trend but can be used as support or resistance.
Medium box size usually means the price is in an accumulation phase. This can act as both support and resistance, meaning if the price pushes above, a long position can be taken, and if the price drops below, a short position can be taken.
Large box size indicates a range in which the price will stay shortly. This is usually a sign of high volume volatility and depending on the direction, the price can revisit the area and drop back down or go back up fast. For example, if the large green box appears after a major volume peak and if the price goes above the box, there is a major chance that the price will revisit the box zone and will drop as fast as it went up.
The second signal is a buy/sell signal generated based on the volume divergence and volume numbers compared to average volume values. If the volume is showing signs of lower lows or higher highs, the signal will appear. This indicator is great at generating early entry and exit signals.
Additionally, the script can generate LP (lower possibility) buy/sell signals. Usually, the script looks for two moving average lower lows in volume to generate a signal but when this is turned on, the indicator will also show single confirmed (we call them lower possibility) signals. This is useful when there are not enough signals generated on screen and you want to see more data points.
The settings:
Volume Peak MA: Sets the moving average of the volume peak,
Volume Peak Box Length: Defines the box display length of the volume box across the chart
Volume Box Threshold: Threshold of volume peak detection. A lower number generates more signals and a higher number generates fewer.
First Signal MA Length: First moving average length used in the calculation of the volume signals
Second Signal MA length: Second moving average length used in the calculation of the volume signals
Volume Lookback Right: How many bars to look back on the right side (forward) to confirm the signal
Volume Lookback Left: How many bars to look back on the left side (behind) to confirm the signal
Max Lookback Range: Max lookback range for the KNN machine learning volume data of signal generation.
Min Lookback Range: Minimum lookback range for the KNN machine learning volume data of signal generation.
Show Buy Signals: It shows or hides buy signals.
Show LP Buys: It shows or hides lower possibility buy signals.
Show Sell Signals: It shows or hides sell signals.
Show LP Sells: It shows or hides lower possibility sell signals.
Crodl Pump & DumpThe reason why this indicator is called Pump and Dump is because it is based on volume.
The indicator focuses on volume levels to see if there is an increase in volume before deciding if it is worth entering a Position.
Long example = This will use ATR and price averages to trend Bullish and once the trend favours the upside it will then look at the Volume candles and if a candle is bigger then the average volume and the trend (ATR) is above a certain level it will then Give us a long entry if those conditions are true. We can have more than one long after one another since it will give us a position every-time the conditions are true and after TP(take profit) 1 or a Stop Loss was hit.
Short example = If the trend based on average price is trending downwards and we can see an increase of volume it will wait till we break a certain level breaks when we get the average price from the highs and Lows, then once the trend has met the bearish conditions it will wait for increase in volume and trigger a Sell. The sell will close once TP(take profit) 1 or a Stop Loss is hit.
In the inputs you can adjust the MA (moving average length. This helps to decide if the Trend is bearish or bullish. Higher moving averages will give you less entries and a lower moving average will give you more entries ,since price crosses lower MA's more it will change the trend more often.
Sensitivity is a divider of the MA values is so the higher the Sensitivity the lower the more trades you get since the trend is changing faster.
You will see that there is a backtesting panel on your chart when you look in the inputs there will be a statistics tab which will have 1. Simple 2. Mobile 3. Hide options
1. Simple is designed when you are using a PC or Laptop
2.Can be used when you are using your mobile it will show less data but won't be in your way
3.This will hide the backtesting panel on your screen.
Exit strategy.
there are 3 Types of exits for this indicator.
1 .CrodlExit which is ATR indicator based Exit with a divider.
2 . fIxed SL , this works in % so 1 = 1% market move.
3 .Reverse exits = Longs exit shorts and shorts exit longs.
there are 4 take profit targets and all of them are adjustable.
1= 0.5% by default
2=1% by default
3=1.5% by default
4=2% by default
on the Back tester you will find the following information :
Timeframe of your chart and then the Symbol or pair you are trading.
First trade = when the back tester starts to read data.
Total trade = Total buy and total sell signals and then total trades are buy + sell signals.
total win = total buys hit take profit 1 and total sells that hit take profit 1 and then total buy + total sells that hit take profit 1.
total loss = total buys that hit which ever exit mode you selected in the inputs by default it is crodl exit and total sells that hit which ever exit mode you selected in the inputs by default it is crodl exit and then you will get total buy losses + total sell losses to get total loss.
TP1= the % difference between total trades won and lost for the 1st take profit target and your stop loss method you chose.
TP2= the % difference between total trades won and lost for the 2nd take profit target and your stop loss method you chose.
TP3= the % difference between total trades won and lost for the 3rd take profit target and your stop loss method you chose.
TP4= the % difference between total trades won and lost for the 4th take profit target and your stop loss method you chose.
average win streak give you the average of how many winning trades you had every time before hitting a stop loss.
average loss streak is how many stop loss you hit on average before take profit one has been reached.
longest win streak give you the amount of winning trades you had without hitting a stop lossl that is selected in your inputs.
longest loss streak give you the amount of losing trades you had one after the other before hitting take profit 1.
Alcides Indicator(AI) LiteAlcides Indicator (AI) Lite is a simple to use indicator that can be used with any type of asset, trading in any market including FOREX, Stocks, Commodities, Cryptocurrencies etc. The Lite version uses levels from either 1 hr or 4 hr time frame based on user input to indicate entry (BUY) into or exit (SELL) from an asset. The indicator also plots support for BUYs and Resistance for SELLs which can be used as a reference while setting your Stop Loss. BUY, SELL and TAKE GAINS alerts can be set on trading view to help monitor the asset as well.
Even though the indicator signals BUYs and SELLs based on chosen Time Frame levels, the user must always use their discretion based on their TA and FA. Also, indicator repainting can occur based on time of signal/chart used (ex. 5m chart on 1 hr timeframe levels can repaint a BUY/SELL after 1 hr closes).
Works best with Heikin Ashi candles and lower timeframes like 5m, 15m, 30m.
The full version has more time frame levels to choose from, a few extra useful features and also recommends sell and buy levels based on the chosen time from.
Contact me for access and more information.
Hassi XAUUSD 15TF BUY/SELL (Anchored, Non-Repainting)What this does
Hassi XAUUSD 15TF BUY/SELL is a non-repainting signal indicator designed for XAUUSD (Gold) on the 15-minute timeframe (also works on BTCUSD). It blends EMA crossover + RSI + MACD with optional volume & volatility filters, and prints anchored BUY/SELL arrows that stay glued to their candle (no visual drifting on zoom/scale/replay). Optional confidence% labels help you judge signal quality at a glance.
Why it’s stable (no repaint)
Signals confirm only on bar close (barstate.isconfirmed).
Arrows/X marks are placed with label.new(x=bar_index, y=high/low, xloc.bar_index, yloc.abovebar/belowbar) so they remain exactly above/below the triggering candle.
No request.security for higher-TF lookaheads; no negative offsets.
How signals are generated
Core trigger: EMA(9) crosses EMA(21)
RSI filter (opt): RSI ≥ RSI Buy Min (default 50) for buys; ≤ RSI Sell Max (default 50) for sells
MACD filter (opt): MACD line crosses its signal or histogram sign matches direction
Volume/ATR filters (opt): require a basic volume spike and above-average ATR volatility (toggleable)
Divergence (opt): lightweight RSI divergence hints (diamond marks)
Anchored markers
BUY: triangle below the signal candle
SELL: triangle above the signal candle
EXIT (❌): small x above (long exit) / below (short exit) when the opposite signal confirms
Nudges: fine-tune vertical placement with tick offsets (inputs) without breaking anchoring
Inputs (defaults)
Fast EMA: 9
Slow EMA: 21
RSI Length: 14
MACD Fast/Slow/Signal: 12 / 26 / 9
Require RSI filter (50 line): ✅
Require MACD cross filter: ✅
RSI Buy Min / RSI Sell Max: 50 / 50
Buy/Sell/Exit Offset (ticks): 0 / 0 / 0
Advanced toggles: Trend Strength ✅, Dynamic Sizing (visual) ✅, Volume Filter ⛔, Volatility Filter ⛔, RSI Divergence ⛔, Show Confidence ✅
Status line/table: ✅
Alerts
Add any of these in Add Alert → Condition: this indicator
Buy Signal → {{ticker}} BUY @ {{close}} - ANCHORED SIGNAL
Sell Signal → {{ticker}} SELL @ {{close}} - ANCHORED SIGNAL
Exit Mark → {{ticker}} EXIT @ {{close}} - ANCHORED EXIT
Recommended use (15-minute XAUUSD)
Use during active sessions (London/NY overlaps).
Keep defaults; enable Volume & Volatility filters in high-noise conditions.
Add confluence (S/R, structure/BOS, session highs/lows, FVG or HTF bias).
Manage risk with structure-based SL or ATR x 1.0–1.5, and partial TP at 1:1–1.5R.
Note: You mentioned it has ~80% win rate on 15TF in your testing. Performance varies by broker feed, session, spread, and risk management. Treat results as educational, not a guarantee.
Non-repainting notes
Signals lock on close; historical arrows are final.
Labels are bar/price anchored (no drift when you zoom or change scale).
Arrays trim old labels automatically to avoid drawing limits.
FAQ
Q: Why don’t past arrows move when I resize the chart?
A: They’re label.new() anchored to bar_index and bar high/low with xloc/yloc, so they stay with the candle.
Q: Can I turn it into a strategy/backtest?
A: Yes—wrap the same signals into strategy.entry/exit, but this release is an indicator by design.
Q: Will it work on BTC or other pairs/timeframes?
A: Yes, but it’s tuned for XAUUSD M15. Adapt filters for other markets.
Changelog
v1.0 — Initial public release: anchored non-repainting arrows, optional RSI/MACD filters, volume/ATR filter, divergence hints, confidence labels, status panel, alerts.
Disclaimer
This tool is for education and analysis only. It is not financial advice. Trading involves risk; do your own research and manage risk responsibly.
[Pandora's Chambers] BUY/SELL Blocks + Strength FCBased on the secret technique of ATTA,
Traditional price action analysis techniques, such as ICT (Inner Circle Trader), are often based on subjective interpretations and frequently miss the true structure of the market according to the Wyckoff method. The " BUY/SELL Blocks + Strength FC" indicator aims to correct this problem by automatically and accurately identifying buy/sell "blocks" according to Wyckoff principles, calculating volume strength, filtering breached blocks, and displaying precise support and resistance levels.
Indicator Highlights
Buy/Sell Blocks Identification
Uses the ta.pivothigh and ta.pivotlow functions to locate upper and lower pivot points, and draws a "box" between the two points to represent the block.
Each block is automatically extended to the right of the chart (can be disabled in settings) for a fixed number of bars or until the end of the chart.
Colors are configurable: turquoise shades for buy blocks, and purple for sell blocks.
Volume Strength Calculation and Update
In each candle, positive volume (in a rising market) or negative volume (in a falling market) is added to the relevant block.
Displays in percentages which side (buyers/sellers) controls the block: a label on the block shows +XX% or -XX%.
Changes the background color of the box to gray when the net volume flips (e.g., a strong sell block receives a net positive).
Filtering Breached Blocks
Option to automatically filter and remove blocks where the price has closed above the top of the sell block or below the bottom of the buy block, in order to maintain a clean and focused chart.
"Adjusted" Fibonacci Grid
In the last calculated bars, the indicator identifies the nearest high support level (sup) and the nearest low resistance level (res) among all existing blocks.
Based on sup and res, a Fibonacci grid of 0%, 25%, 50%, 75%, and 100% is constructed, automatically updating as the chart progresses.
What is so new here?
Accuracy according to Wyckoff and not personal interpretation: In the Wyckoff method, market oscillations are built on supply and demand balances in precise price gaps. Here, each block is built directly on pivots from a number of bars back, and not on feelings of an "area" as is sometimes done in ICT techniques.
Quantitative measurement of control: The indicator does not settle for a visual identification of a block but calculates for each block the buy volume versus the sell volume, and clearly displays who is in control.
Automatic filtering to maintain relevance: Breached blocks are removed, so only the strong areas that have not yet been closed remain.
Full integration with modern price action: Understanding price movement is measured here objectively, leaving no room for subjective interpretations of "structure breaks" or "diagonal waves" that standard tools do not support.
Why is the existing price action not enough?
Inconsistency in defining supply and demand zones: Many techniques rely on manual marking of "buy zones" only, without fixed criteria (number of bars back, low highs, volume, etc.).
Scarcity of quantitative indicators: Without calculating net volume, it is difficult to know if a particular block is truly supported by the power of buyers or sellers.
Net invalidation of blocks that have been violated: Repeated breaches of support and resistance areas below/above their boundaries confuse the trader, while here they are automatically removed.
The " BUY/SELL Blocks + Strength FC" indicator comes to correct all these shortcomings, and provides the user with an objective, accurate, and quantitative framework for understanding the dynamics of the market and identifying volume-based support and resistance areas, according to the principles of the Wyckoff method.
Large Buy/Sell DetectorLarge Buy/Sell Detector
Overview
The Large Buy/Sell Detector is an indicator that uncovers significant buying and selling activity in the markets. Designed to spot unusually large volume spikes, it highlights potential opportunities with customizable filters and visual cues. While not a magic solution, this tool can be a valuable assistant for traders seeking to identify key market moves.
Key Features
- Detects large volume spikes over a user-defined lookback period.
- Displays buy/sell signals with colored dots and optional volume labels.
- Includes filters for trend, candle size, and volume to refine signals.
- Fully customizable settings for colors, dot sizes, and more.
Settings
- *Lookback Period (days):* Set the analysis window (default: 7).
- *Volume Threshold Multiplier:* Adjust sensitivity to volume spikes (default: 2.0).
- *Min Transparency:* Control dot visibility (default: 20).
- *Min Candle Size (% of ATR):* Filter by candle size (default: 0.5).
- *Min Volume in $:* Set a volume threshold in dollars (default: 100,000).
- *Buy/Sell Dot Color:* Choose colors for signals (default: green/red).
- *Dot Size:* Select dot size (default: tiny).
- *Show Volume Labels:* Toggle volume labels (default: enabled).
- *Trend MA Period:* Filter signals by trend (default: 50).
- *Show Large Sell:* Enable sell signals (default: enabled).
Usage
Add the indicator to your chart and tweak the settings to match your trading style. Use it to spot potential large buy/sell activity, but always combine it with your own analysis—this is a helpful tool, not a guaranteed predictor.
CryptoSignalScanner - Advanced BUY/SELL indicatorDESCRIPTION:
This script has been designed to do some swing trading on 4 hour and daily candles.
After some adjustments it also gives a good result on the lower timeframes 5m, 15m and 1h.
• This scripts is based on RSI, Stoch RSI and some other indicator(s).
• It provides BUY, SELL, STRONG BUY and STRONG SELL labels when loading the script.
• It is also possibility to set a BUY, STRONG BUY, SELL, STRONG SELL, BUY/SELL or STRONG BUY/STRONG SELL alert.
HOW TO USE:
• When a BUY signal appears it means that the trading pair is oversold. Wait for the reversal to buy. Use the Fibonacci tool together with the Eliot Waves Theory to BUY or SELL or wait for the SELL signal.
• When a SELL signal appears it means that the trading pair is overbought. SELL immediately or use the Fibonacci tool together with the Eliot Waves Theory to SELL.
FEATURES:
• You can show/hide the labels based on RSI, Stoch RSI input values.
• You can show/hide the labels based on Stoch RSI K and R input values.
• You can show/hide the labels based on Stoch RSI K and R crossing.
• You can show only STRONG BUY or STRONG SELL labels.
• Etc...
HOW TO GET ACCESS TO THE SCRIPT:
• Use the link below to subscribe to our indicators.
• Based on this script we provide telegram channels that provides signals for all Binance BTC, ETH, USDT and BNB pairs.
REMARKS:
• This advice is NOT financial advice.
• We do not provide personal investment advice and we are not a qualified licensed investment advisor.
• All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice.
• We will not and cannot be held liable for any actions you take as a result of anything you read here.
• We only provide this information to help you make a better decision.
• While the information provided is believed to be accurate, it may include errors or inaccuracies.
Good Luck,
The CryptoSignalScanner Team
PA Buy Sell : By Josh Sniper Laos – PROPA Buy : Sell : By Josh Sniper Laos
อินดี้วิเคราะห์พฤติกรรมราคา (Price Action) และรูปแบบแท่งเทียน (Candlestick Patterns) พร้อมสัญญาณ Buy/Sell และคำอธิบายแนวโน้มภาษาไทย
💡 แนวคิดการทำงาน
อินดี้นี้ออกแบบมาเพื่อให้เทรดเดอร์สามารถ อ่านพฤติกรรมราคาได้อย่างรวดเร็ว ผ่านการตรวจจับแท่งเทียนสำคัญ และให้สัญญาณพร้อมคำอธิบายแนวโน้มทันที โดยสามารถเลือกได้ว่าจะรอให้แท่งปิดก่อน หรือให้สัญญาณทันทีแบบ Real-time
🔍 ฟีเจอร์หลัก
ตรวจจับ Candlestick Patterns ครอบคลุมกว่า 15 แบบ
Bullish Engulfing, Bearish Engulfing
Hammer, Inverted Hammer
Morning Star, Evening Star
Bullish Harami, Bearish Harami
Three White Soldiers, Three Black Crows
Piercing Pattern, Dark Cloud Cover
Belt Hold (Bull/Bear)
Kicker Pattern (Bull/Bear)
Tweezer Top, Tweezer Bottom
และแพทเทิร์นสำคัญอื่น ๆ
คำอธิบายแนวโน้มเป็นภาษาไทย
เช่น “แนวโน้มขาขึ้น – มีแรงซื้อชัดเจน” หรือ “แนวโน้มขาลง – มีแรงขายกดดัน”
เหมาะสำหรับมือใหม่ที่ยังไม่ชำนาญการอ่านแท่งเทียน
ปรับแต่งสีของตัวหนังสือได้
สามารถตั้งสีสัญญาณ Buy/Sell ให้เข้ากับธีมกราฟของคุณได้ทันที
เลือกโหมดสัญญาณ
รอปิดแท่งก่อน เพื่อความแม่นยำ
ไม่รอปิดแท่ง เพื่อรับสัญญาณเร็ว (เหมาะกับสาย Scalping)
โหมดแสดงผล
แสดงเป็นไอคอน Buy/Sell บนกราฟ
หรือแสดงพร้อมคำอธิบายประกอบ
🧠 วิธีใช้
Buy: ใช้เมื่อขึ้นสัญญาณ Bullish พร้อมคำอธิบายแนวโน้มสนับสนุน เช่น Bullish Engulfing หรือ Morning Star ในโซนสนับสนุน (Support)
Sell: ใช้เมื่อขึ้นสัญญาณ Bearish พร้อมคำอธิบายแนวโน้มสนับสนุน เช่น Bearish Engulfing หรือ Evening Star ในโซนต้าน (Resistance)
ใช้ร่วมกับเครื่องมืออื่น ๆ เช่น เส้นแนวโน้ม, OB/FVG, หรือ RSI เพื่อเพิ่มความแม่นยำ
📌 Indicator Name
PA Buy : Sell : By Josh Sniper Laos
Price Action & Candlestick Pattern Analyzer with Buy/Sell Signals + Trend Description in English & Thai.
💡 Concept
This indicator is designed to help traders read price action instantly by detecting key candlestick patterns and providing clear Buy/Sell signals along with trend descriptions.
You can choose between waiting for bar close for higher accuracy or real-time alerts for faster reactions.
🔍 Key Features
Covers 15+ Major Candlestick Patterns
Bullish Engulfing, Bearish Engulfing
Hammer, Inverted Hammer
Morning Star, Evening Star
Bullish Harami, Bearish Harami
Three White Soldiers, Three Black Crows
Piercing Pattern, Dark Cloud Cover
Bull/Bear Belt Hold
Bull/Bear Kicker Pattern
Tweezer Top, Tweezer Bottom
And more…
Bilingual Trend Descriptions (English + Thai)
Example: “Bullish Trend – Strong Buying Pressure”
Example: “แนวโน้มขาขึ้น – มีแรงซื้อชัดเจน”
Perfect for both beginners and advanced traders.
Customizable Text Colors
Easily match your chart theme for better visibility.
Signal Mode Options
Wait for Candle Close – Higher accuracy, reduced false signals.
No Wait (Real-Time) – Faster entry signals, great for scalping.
Flexible Display Modes
Icons only (Buy/Sell)
Icons + Text description for more context
🧠 How to Use
Buy: When a Bullish signal appears along with a supportive trend description, e.g., Bullish Engulfing or Morning Star at a key Support zone.
Sell: When a Bearish signal appears along with a supportive trend description, e.g., Bearish Engulfing or Evening Star at a Resistance zone.
Combine with market structure, Support/Resistance, OB/FVG, or RSI for better precision.
2% Averaging Buy-Sell Strategy📘 Strategy Description: 2% Averaging Buy-Sell Strategy
This strategy is designed to simulate an averaging-down and scaling-out approach based on percentage-based price movements.
Entry Logic (Buy):
Initial buy of 1 lot is triggered at the start of the strategy.
Every time the price drops by 2% from the last executed buy level, the strategy adds 2 more lots.
Exit Logic (Sell):
When the price rises 2% from the last buy level, the strategy sells 2 lots.
Selling continues in batches of 2 lots as long as the upward movement continues and lots are available.
Core Idea:
This is a dynamic averaging system that increases exposure during drawdowns and reduces it during rallies, aiming to capture mean reversion or trend reversals.
Customizable Inputs:
Initial lot size
Additional lot size
Percentage threshold (default 2%)
⚠️ Note: This strategy is for simulation/backtesting purposes. It does not account for slippage, fees, or real-world order execution conditions.
Simplest Strategy Crossover with Labels Buy/Sell to $1000This Pine Script code, titled Custom Moving Average Crossover with Labels, is a trading indicator developed for the TradingView platform. It enables traders to visualize potential buy and sell signals based on the crossover of two moving averages, offering customizable settings for enhanced flexibility. Here’s a breakdown of its key features:
Key Features
User-Defined Moving Averages:
The script includes two moving averages: a fast and a slow one. Users can adjust the periods of each average (default values are 10 for the fast MA and 100 for the slow MA), allowing them to adapt the indicator to various market conditions and trading styles.
Time-Restricted Signal Validity:
The indicator includes settings for active trading hours, defined in UTC time. Users specify a start and end hour, making it possible to limit buy and sell signals to certain times of the day. This is especially useful for traders who wish to avoid signals outside their preferred trading hours or during periods of high volatility.
Crossover-Based Buy and Sell Signals:
Buy Signal: A "Buy" label is triggered and displayed when the fast moving average crosses above the slow moving average within the user-defined trading hours, signifying a potential upward trend.
Sell Signal: A "Sell" label is generated when the fast moving average crosses below the slow moving average, indicating a possible downtrend. Labels are displayed on the chart, color-coded for easy identification: green for buys and red for sells.
Profit Target Labels (+100 Points):
After each buy or sell entry, the indicator tracks price movements. When the price increases by 100 points from a buy entry or decreases by 100 points from a sell entry, a +100 label appears to signify a 100-point movement.
These labels serve as checkpoints to help traders assess performance and decide on further actions, such as taking profits or adjusting stop losses.
Visual Customization:
The moving averages are color-coded (blue for fast MA, red for slow MA) for easy distinction, and label text appears in white to enhance visibility against various chart backgrounds.
Benefits for Traders
Efficient Trade Identification: The moving average crossover combined with time-based restrictions allows traders to capture key market trends within chosen hours.
Clear Profit Checkpoints: The +100 point label alerts traders to significant price movement, useful for those looking for set profit targets.
Flexibility: Customizable inputs give users control over the indicator’s behavior, making it suitable for both day trading and swing trading.
This indicator is designed for traders looking to enhance their technical analysis with reliable, user-defined buy/sell signals, helping to increase confidence and improve trade timing based on objective data.
Net Buying/Selling Flows Toolkit [AlgoAlpha]🌟📊 Introducing the Net Buying/Selling Flows Toolkit by AlgoAlpha 📈🚀
🔍 Explore the intricate dynamics of market movements with the Net Buying/Selling Flows Toolkit designed for precision and effectiveness in visualizing money inflows and outflows and their impact on asset prices.
🔀 Multiple Display Modes : Choose from "Flow Comparison", "Net Flow", or "Sum of Flows" to view the data in the most relevant way for your analysis.
📏 Adjustable Unit Display : Easily manage the magnitude of the values displayed with options like "1 Billion", "1 Million", "1 Thousand", or "None".
🔧 Lookback Period Customization : Tailor the sum calculation window with a configurable lookback period, applicable in "Sum of Flows" mode.
📊 Deviation Thresholds : Set up lower and upper deviation thresholds to identify significant changes in flow data.
🔄 Reversal Signals and Deviation Bands : Enable signals for potential reversals and visualize deviation bands for comparative analysis.
🎨 Color-coded Visualization : Distinct colors for upward and downward movements make it easy to distinguish between buying and selling pressures.
🚀 Quick Guide to Using the Net Buying/Selling Flows Toolkit :
🔍 Add the Indicator : Add the indicator to you favorites. Customize the settings to fit your trading requirements.
👁️🗨️ Data Analysis : Compare the trend of Buying and Selling to help indicate whether bulls or bears are in control of the market. Utilize the different display modes to present the data in different form to suite your analysis style.
🔔 Set Alerts : Activate alerts for reversal conditions to keep abreast of significant market movements without having to monitor the charts constantly.
🌐 How It Works :
The toolkit processes volume data on a lower timeframe to distinguish between buying and selling pressures based on intra-bar price closing higher or lower than it opened. It aggregates these transactions and finds the net selling and buying that took place during that bar, offering a clearer view of market fundamentals. The indicator then plots this data visually with multiple modes including comparisons between buying/selling and the net flow of the asset. Deviation thresholds help in identifying significant changes, allowing traders to spot potential buying or selling opportunities based on the money flow dynamics. The "Sum of Flows" mode is unique from other trend following indicators as it does not determine trend based on price action, but rather based on the net buying/selling. Therefore in some cases the "Sum of Flows" mode can be a leading indicator showing bullish/bearish net flows even before the prices move significantly.
Embark on a more informed trading journey with this dynamic and insightful tool, tailor-made for those who demand precision and clarity in their trading strategies. 🌟📉📈
Price Strength Index + RSI Buy/Sell ZonesThe Price Strength Index + RSI Buy/Sell Zones indicator is a technical analysis tool designed to evaluate the strength of a financial asset's price movement by comparing it with a series of Volume Weighted Moving Averages (VWMAs) of different lengths calculated from historical data.
Hypothesis :
The core hypothesis behind this indicator is that assessing the relationship between the current price and a range of VWMAs with varying lengths can provide valuable insights into the strength and direction of a price trend. Additionally, it incorporates Relative Strength Index (RSI) conditions to further refine potential buy and sell signals.
How It Works :
Multiple VWMA Calculation: The indicator calculates multiple VWMAs, each with a different length, using historical price data and volume. These VWMAs represent weighted moving averages over various periods, helping to capture different aspects of the price trend.
Comparison with Current Price : For each of these VWMAs, the indicator compares the current bar's price with the VWMA value. This comparison is crucial in understanding how the current price relates to historical averages, shedding light on the strength and direction of the prevailing trend.
SMA of Percentage Above VWMA : The indicator calculates the Simple Moving Average (SMA) of the percentage of prices above the various VWMAs over a specified period. This moving average smoothens out the percentage data, providing a clearer trend signal.
Buy and Sell Zones : User-defined upper and lower thresholds for the percentage of prices above the VWMAs are used to define buy and sell zones. When the percentage falls below the lower threshold, it signals a potential buy zone, suggesting a weakening trend. Conversely, when it exceeds the upper threshold, it signifies a potential sell zone, indicating a strengthening trend.
RSI Integration : The RSI is calculated for the selected price source with a specified length. When the SMA of the percentage above VWMAs falls within the buy zone and the RSI is below the lower RSI threshold, it indicates an oversold condition, potentially signaling a buy opportunity. Conversely, when the SMA falls within the sell zone and the RSI is above the upper RSI threshold, it suggests an overbought condition, possibly signaling a sell opportunity.
Color Coding : The indicator employs color-coding to visually represent the buy and sell zones, as well as extreme RSI conditions. Green color denotes the buy zone, red represents the sell zone, and orange lines indicate the median and potential reversal points.
In summary, the Price Strength Index + RSI Buy/Sell Zones indicator leverages multiple VWMAs of different lengths to assess the relationship between current prices and historical moving averages. This comprehensive analysis, coupled with RSI conditions, aids traders in identifying potential buy and sell zones, as well as extreme RSI points within those zones, enhancing the evaluation of price strength and potential trend reversals.
EMA with Buy/Sell Signals by lbkindCertainly! Here's a description of the code:
This Pine Script code is designed to plot Exponential Moving Averages (EMAs) on a chart and generate buy/sell signals based on specific conditions. The code includes a filter to reduce false signals by considering the trend of the EMA 200.
The key components of the code are as follows:
1. Input Variables: The code starts by defining input variables such as the periods for the EMAs (ema200Period, ema50Period, ema13Period), the Average True Range period (atrPeriod), and the chopiness threshold (chopinessThreshold).
2. Calculating EMAs: The EMAs (ema200, ema50, ema13) are calculated using the `ema()` function based on the closing price.
3. Average True Range (ATR): The ATR is calculated using the `atr()` function with the specified period (atrPeriod).
4. Normalized ATR: The normalized ATR is computed by dividing the ATR by the closing price and multiplying by 100. This allows for better comparison across different price levels.
5. EMA 200 Trend Direction: The code determines the trend direction of the EMA 200 by comparing the current value with the previous value. The variables `ema200TrendUp` and `ema200TrendDown` are assigned `true` or `false` values based on the trend direction.
6. Generate Buy/Sell Signals: The buySignal is generated when the following conditions are met:
- There is a crossover of the shorter EMAs (ema13, ema50).
- The EMA 200 is in an uptrend (`ema200TrendUp` is true).
- The current close is above the EMA 200.
- The normalized ATR is below the specified chopiness threshold.
The sellSignal is generated when the opposite conditions are met.
7. Plotting: The EMAs (ema200, ema50, ema13) are plotted on the chart using the `plot()` function. The buy and sell signals are plotted as labels using the `plotshape()` function. The buySignal is displayed below the candle (`location=location.belowbar`), and the sellSignal is displayed above the candle (`location=location.abovebar`).
By incorporating these features, the code provides a visual representation of the EMAs, along with buy and sell signals that consider the EMA 200 trend, crossover of shorter EMAs, and the normalized ATR condition. This helps in identifying potential entry and exit points in the market while attempting to reduce false signals.
Buying and Selling Pressure Raw Multi (TG Fork)Visualize raw buying and selling pressure via 3 different calculation methods, all superimposed with dynamic rescaling.
Buying and selling pressure is the concept of quantifying the disproportion between buying and selling. In practice, there is no single definitive way to calculate it.
This indicator is a merge to display three different methods to calculate buying and selling pressure, with automatic visual rescaling to superimpose the three simultaneously, updated to PineScript v5, and with some additional improvements for speed and calculation precisions, and instead of the EMA, other types of moving averages can be used.
I primarily made it for my own needs, but as always, I like sharing with the community, as maybe others may find this useful too.
How to use:
* As often, the goal is to get as many of the 3 signals concur together to get a stronger aggregated signal.
* First signal: If the green bars on the histogram are bigger than the red ones, then there is more buying pressure, and vice versa.
* Second signal: If the background is green, there is more buying pressure, and vice versa if the background is orange. The yellow and green lines define the background color, but they are by default hidden for a less cluttered visual experience.
* Third signal: If the cloud is blue, there is more buying pressure, and the bigger the cloud, the more momentum there is for it to stay (and more difficult it is to reverse to selling pressure). If the cloud is red, there is more selling pressure.
If you like this indicator, please don't give me any credit, instead please show some love to the original authors (in no particular order):
ceyhun:
daytraderph (I could not find the link to the original script, the page is inaccessible?):
www.tradingview.com
fract:
Double wave-trend Oscillator Buy/Sell signalsBINANCE:ROSEUSDT
This script attempts to use Wave Trend Oscillator's of different lengths in order to identify trade entries and exits for bullish trades. This indicator is strongly recommended to be used with volatile assets or on large time interval charts. You use this script by entering a trade when it signals a green block and exiting when it signals red although these signals could potentially be used as trend reversal signals instead. The script uses two wave trend oscillator's the lengths of which can be edited in the settings, but the general idea is that one is fast and one is slow and these indicate when to buy/sell when they crossover the overbought/sold lines. In the setting you can choose whether the fast or the slow line will be used for buy signal and the other is then used to signal selling. By default this will be ticked on indicating that the fast line crossing over the oversold level will be used for buy signals, if it is ticked off the slow line will be used. The other tickbox is for whether the line used for selling will signal when it first crosses over the overbought line or whether it should signal then it crosses back under the overbought line after having crossed over it, the default value is off indicating that it will signal when it crosses back under the overbought level. The overbought/sold levels should be tweaked on a per asset basis to get the best quality signals.
The original code for the Wave Trend Oscillator comes from LazyBear and was modified and built on to create this indicator.
Vol Buy/Sell %s, CMF, and Stocahstic Osc & UOPlots % Buy / Sell Volume , Chaikin Money Flow , Stochastic Oscillator, and Ultimate Oscillator on same axis, bound -1 to 1.
Show Volume Percentage, displaying buying as green and positive, selling as red and negative.
Showing the CMF, with green / red fill for positive / negative values.
Modified Stochastic Oscillator, converting bounds to -1 and 1, moving overbought/sold to -0.6 and 0.6, accordingly. Green fill (buy signal) with %D below -0.6 and %K lower than %D. Red fill (sell signal) with %D above 0.6 and %K higher than %D. Fill is between %D and bound, to be more visible.
Modified Ultimate Oscillator, converting bounds to -1 and 1, moving overbought/sold to -0.6 and 0.6, accordingly.
KINSKI Buy-Sell Signal"KINSKI Buy-Sell Signal" is an Average True Range (ATR) based trailing stop indicator.
In this version, you can change the ATR calculation method using the settings. The default method is hlc3. The HLC stands for High, Low, Close and the /3 divides the result by 3 to give you the average.
The indicator calculates the buy and sell signals using HLC3, Simple Moving Average ( SMA ) and the Exponential Moving Average ( EMA ) as soon as they cross. This indicator is useful with time intervals starting at 15m.
Have fun with it and be careful when buying and selling!
Example Chart:
ASM Pro EMA Indicator – Smart Buy/Sell SignalsAdvanced EMA crossover indicator with auto Buy/Sell signals, real-time alerts, and multi-market support. Perfect for Indian Market, Crypto, Forex & Stocks traders.
🔹ASM Pro EMA Indicator – Key Features:
1.Dual EMA Crossover Strategy – Detects market trend shifts using Fast & Slow EMA crossover.
2.Auto Buy/Sell Labels – Instantly shows clear green BUY and red SELL signals on chart.
3.Multi-Timeframe Support – Works smoothly from 1-minute to daily charts.
4.Real-Time Alerts – Receive instant alerts on TradingView app, email, or pop-up.
5.Beginner Friendly – Simple, easy-to-use with no complex setup.
6.Professional Look – Premium design with Blue & Orange EMAs + smart labels.
7.Universal Market Fit – Optimized for Crypto, Forex, Stocks, and Gold.
8.Low Lag Signals – Faster and more reliable than standard EMA crossovers.
9.Risk-Reward Friendly – Helps traders find clear entries, stop-loss, and exit zones.
10.Premium Access Model – Available via monthly & yearly subscription.
🔹How to Make Profit with ASM Pro EMA Indicator:
1.Follow Buy/Sell Signals with Discipline – Enter on Green BUY, exit/short on Red SELL.
2.Use Multi-Timeframe Confirmation – Small timeframe entry, big timeframe trend confirmation.
3.Set Stop-Loss at EMA Levels – Below EMA for BUY, above EMA for SELL.
4.Book Partial Profits – Secure 50% at key levels, trail the rest with EMA.
5.Trade Only Trending Markets – Works best in strong uptrend or downtrend.
Volume with Buying/Selling PowerUnlock deeper market insights with this volume indicator that goes beyond basic volume analysis:
- Buying & Selling Volume Breakdown: Distinguishes between buying and selling pressure so you can spot real shifts in market sentiment.
- Adaptive Volume Coloring: Bars colored by previous close or buy/sell balance for instant clarity.
- Volume Power Signals: Visualizes buying and selling volume power using both raw and normalized calculations.
- Buy/Sell Ratio Coloring: Optionally color bars based on relative buy/sell strength for quick visual cues.
