Relative Momentum Index (RMI) OscillatorThe Relative Momentum Index (RMI) is a sibling to the RSI. Where the RSI measures trend based on the average (RMA) of gains and draws over a length of time , the RMI measures based on the SUM of gains and draws . Myself and many others have found that the RMI oscillates better than the RSI does.
I paired the RMI with the oscillation method the Fisher Transformation uses to oscillate the value from -1.0 to 1.0 instead of the Stochastic way of 0 to 100. This way you can enable the Fisher transform, if desired. But I also just prefer the appearance of that.
Some options and features I have coded in-
RMI Length: This is the length of the Relative Momentum Index itself. Like the length of RSI, default 14
Oscillation Length: This is your oscillation length, like a Stochastic. If you put the length at 1 it will turn the indicator into the straight up RMI indicator. (If you select to use the Fisher Transform, the overbought/oversold lines will not show nicely)
Source Pre-Smoothing: The option of smoothing out the source, ie close, before you even run it through the RMI, oscillation, and/or transform
Oscillator Post-Smoothing: The option of smoothing the output of the script
Trailing MA: If desired, you can check the box to Use a Trailing Signal, and enter the length of lookback for a Simple Moving Average (SMA) of the RMI Osc value
Use Fill Colors on MA: If enabled, it will fill the area between the RMI Osc and the trailing MA. I chose to use colors that are similar to some educational ideas I have published, whereby nearing the bottom of the oscillation you get Green to signal Accumulation, and near the top you get Red to signal Distribution. Following red is Black, where you typically get late signal sellers that Capitulate and sell stops trigger. Blue is where traders tend to Chase price up.
The most primitive way of using this indicator would be sell when the value exceeds the overbought/top line and buy when it falls below the oversold/bottom line. You can find ways to use the fill colors, or MA crossovers, rising lows or rising highs, etc. for signals.
Here's a comparison of this indicator to the Stochastic RSI, using similar values-
Here's showing the indicator on intraday values at defaults with some pre- and post-smoothing-
Same thing, but with Fisher Transform enabled-
And an example of the fill bands in action-
Please feel free to use any part of this code as desired.
在腳本中搜尋"MA Cross"
BUY/SELL Moving Average StrategyThis script allows you to use 2 moving averages a slow and a fast MA (e.g. 200 & 50). You are able to define the length of both MA and you can change the moving average type: Simple Moving Average (SMA) or Exponential Moving Average (EMA). The script will plot a SELL signal if the slow MA crosses over the fast MA and it will plot a BUY signal if the slow MA crosses under the fast MA. You are also able to define alerts for the BUY & SELL signals.
Combo Backtest 123 Reversal & EMA & MA Crossover This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
The Moving Average Crossover trading strategy is possibly the most popular
trading strategy in the world of trading. First of them were written in the
middle of XX century, when commodities trading strategies became popular.
This strategy is a good example of so-called traditional strategies.
Traditional strategies are always long or short. That means they are never
out of the market. The concept of having a strategy that is always long or
short may be scary, particularly in today’s market where you don’t know what
is going to happen as far as risk on any one market. But a lot of traders
believe that the concept is still valid, especially for those of traders who
do their own research or their own discretionary trading.
This version uses crossover of moving average and its exponential moving average.
WARNING:
- For purpose educate only
- This script to change bars colors.
MACD Cross+MAStrategy MACD cross + Ma cross
การเข้าจะเข้าต่อเมื่อมีการ Cross ของ MACD ก่อน แล้วมีการ Cross ของเส้น ma 9,26 ตามมา
จากการ Backtest ของผมถือว่าเป้น Indicator ที่ค่อนข้างบอกให้เข้าช้าเลยทีเดียว แต่ใช้ Follow เทรนพอใช้ได้อยู่ครับ
แนะนำให้ใช้ในช่วงที่ตลาดเป็นขาขึ้นนะครับ ช่วงหมียาวอย่างปี 2018 Indicator ตั้วนี้ไม่เวิร์คอย่างแรงเลยครับ
ในภาพ backtest ตั้งแต่ปี 2019 - ปัจจุบันนะครับ
ใช้ใน TF Day จะเห็นผลดีที่สุด
Price X MA CrossIndicates long or short positions based on the crossing of price with a moving average. Different moving average types are available. There is a tolerance parameter to filter out false breakouts.
Double MA CrossStrategy to open long/short positions based on the crossing of 2 different moving averages. Both moving averages are highly configurable: length, source, and moving average type can be changed.
Sexy RSI for sexy tradersHello fellow sexy traders.
I was tired of constantly having to add my own horizontals/MAs to the default RSI so I decided to make this modification.
The default settings include channels from 40-80 (green horizontals) for a bullish range, and 20-60 (red horizontals) for the bearish range.
Also includes white line at 50 level, and blue horizontals at extremes (90 and 10).
If RSI stays in one of the red or green range that can signify the trend direction, as directed by Andrew Cardwell (inventor of the RSI).
If you wish for other levels to be included, just let me know! Comment on here or dm me on twitter @boss_charts and I can add the settings for you, so all you have to do is click a button and it will set it to your desired config. I want this to be a tool that is useful for heavy traders to save them time.
Additionally, in order to tell the level of the RSI and how overextended it might be, I added the setting for the RSI to change color depending on its level. Current settings are as follows:
Normal RSI (30-70) = PURPLE
Conventional Overbought/Oversold (30-20 + 70-80) = RED
1st extended (20-15 + 80-85) = PINK
2nd extended (15-10 + 85-90) = ORANGE
VERY EXTENDED (<10 + >90) = YELLOW
That way you can get an idea of how drastic a move is by the color alone. According to Dr. Cardwell, a drastic move to over/under extended can be a sign of strength.
Finally, there are the default MAs added that Mr. Cardwell defines as useful for defining the trend. These being the 9 MA and 45 EMA/WMA.
The strategy with these is to have the MAs on both price and RSI. If the 9MA is above the 45 MA on both price and RSI, then this is bullish and you can look for longs.
Conversely, if the 9 is below the 45 on both RSI and price that is bearish, and you can look for shorts.
I added the background color change for the points where the MAs cross each other, so you do not have to have the MAs fogging up your charts to know where they are relative to one another. This is similar to my MA cross indicator which contains the same functionality.
Never financial advice. Backtest it for yourself and find MA configurations that work for you.
Enjoy! Feel free to send feedback/requests whenever.
Multi SMA EMA WMA HMA BB (5+5 MAs + Bollinger Bands) by RRB
Multi SMA EMA WMA HMA BB (5+5 Moving Averages of Any Type with Bollinger Bands) by RagingRocketBull 2018
Version 1.0
This indicator shows multiple MAs of any type (SMA EMA WMA HMA etc) with BB on a chart at the same time with/without MTF support depending on the version.
There are several versions (published later): Simple, MTF, Pro MTF and Ultimate MTF. This is the Simple version. The Differences are listed below. All versions have BB
- Simple: you have 2 groups of MAs that can be assigned any type (5+5)
- MTF: +assign 1 custom Timeframe to any group combo (5+5 Custom TF)
- Pro MTF: +multiple Timeframes for multiple MA groups (4*3 MTF), horizontal levels and show max bars back options
- Ultimate MTF: +individual settings for each MA, multiple Timeframes
You can use different types of MAs as dynamic S/R levels to trade of off and MA crosses as signals for possible trend change (golden/death bull/bear crosses).
Most common MA types are: SMA, EMA, WMA, HMA.
Most common MA lengths are: 12, 20, 26, 30, 50, 100, 200, 400 etc.
Features:
- 2 groups of custom 5+5 MAs of any type including Hull Moving Average (HMA)
- BB
1. based on 3EmaBB, uses plot, fill, stdev and custom hma functions
2. swma has a fixed length = 4, alma and linreg have additional offset and smoothing params
Feel free to use. Good Luck!
EMA & MA Crossover The Moving Average Crossover trading strategy is possibly the most popular
trading strategy in the world of trading. First of them were written in the
middle of XX century, when commodities trading strategies became popular.
This strategy is a good example of so-called traditional strategies.
Traditional strategies are always long or short. That means they are never
out of the market. The concept of having a strategy that is always long or
short may be scary, particularly in today’s market where you don’t know what
is going to happen as far as risk on any one market. But a lot of traders
believe that the concept is still valid, especially for those of traders who
do their own research or their own discretionary trading.
This version uses crossover of moving average and its exponential moving average.
Simple MA CrossoverGrok made this. A basic example of a simple Moving Average Crossover strategy script.
CANX MA Crossover© CanxStixTrader
Moving average crossover systems measure drift in the market. They are great strategies for time-limited traders. KEEP IT SIMPLE
This strategy works both for buys and sells using the reaction line to guide your position against the reactions.
HOW TO USE THE INDICATOR
1) Choose your market and timeframe.
2) Choose the length.
3) Choose the multiplier.
4) Choose if the strategy is long-only or bidirectional (longs & shorts).
TIPS
The strategy works best in bullish markets as that is the primary direction that market such as stocks, indexes and metals like to move.
- Increase the multiplier to reduce whipsaws
- Increase the length to take fewer trades
- Decrease the length to take more trades
- Try a Long-Only strategy to see if that performs better.
The base set up when you load the indicator is for the 1 minute chart on gold. We found that it also works well on the US Indexes. For other markets you may need to change the length and multiplier to suit the market and back test its results.
Event-Based Multi MA v1.1📈 Event-Based Multi MA v1.1 — Smart Trading with Dynamic MA Updates
Overview
In a world where most moving averages blindly follow every candle, Event-Based Multi MA v1.1 introduces a smarter logic:
➡️ Update moving averages only when significant price movements occur.
Forget the noise. Focus on what's important.
This indicator recalculates your moving averages only after meaningful price shifts, allowing you to spot true trends and avoid market whipsaws.
Key Features
✅ Event-Driven Logic
Set events based on:
Points: Absolute price change
Percent: Relative price movement
ATR: Volatility-adjusted dynamic movement
✅ Seven Fully Customizable Moving Averages (MA1–MA7)
Each MA offers:
Custom timeframe
Selection of types (EMA, SMA, WMA, VWMA, HMA, LSMA, DEMA, TEMA, ALMA, RMA)
Adjustable lengths and colors
✅ Reduced Market Noise
MAs adjust only after important price actions — cutting down lag and false signals.
✅ Multi-Timeframe Analysis
You can blend moving averages from different timeframes (e.g., 15m, 1H, Daily) into a single chart — perfect for professional multi-frame strategy building.
Settings Explained
Event Trigger Type: Select Points, Percent, or ATR-based movement.
Event Threshold: The amount of price movement needed to trigger a new calculation.
ATR Length: If ATR mode is selected, this controls the sensitivity.
Each Moving Average (MA1 to MA7) has:
MA Type: Choose the smoothing method that suits your trading style.
Length: The number of bars used in the calculation.
Color: Customize visual styling.
Timeframe: Load MAs from different timeframes into your current chart.
How to Use It in Trading
🔹 Trend Confirmation
Wait for event-triggered updates. Fresh MAs after a significant move are much stronger signals than constantly refreshing MAs.
🔹 Momentum Breakouts
Combine short-term (e.g., MA1, MA2) and long-term (e.g., MA5, MA6) MAs. When short-term MAs cross above/below long-term after an event, it's a powerful breakout cue.
🔹 Dynamic Support/Resistance
Use slow-moving MAs like 100-200 length across different timeframes.
The event-based recalculation keeps them relevant to recent major price moves.
🔹 Volatility Filters
Switch to ATR-based events to adapt moving average updates during volatile periods and calm markets.
Why It Beats Traditional Moving Averages
🚀 No More Overfitting to Every Candle
You focus only on impactful price changes.
🚀 Multi-Timeframe Flexibility
Blend micro and macro views seamlessly in one chart.
🚀 Cleaner Signals, Less Noise
Event-triggered recalculations filter out useless minor price wobbles.
🚀 Customization Beyond Standard MAs
TEMA, HMA, ALMA, DEMA, VWMA — all included for ultra-fine-tuned strategies.
✨ Ready to Upgrade Your Trading?
Forget the old, slow MAs.
Use intelligence. Trade events, not noise.
→ Add Event-Based Multi MA v1.1 to your chart and experience true precision!
ICT Swiftedge# ICT SwiftEdge: Advanced Market Structure Trading System
**Overview**
ICT SwiftEdge is a powerful trading system built upon the foundation of ICTProTools' ICT Breakers, licensed under the Mozilla Public License 2.0 (mozilla.org). This script has been significantly enhanced by to combine market structure analysis with modern technical indicators and a sleek, AI-inspired statistics dashboard. The goal is to provide traders with a comprehensive tool for identifying high-probability trade setups, managing exits, and tracking performance in a visually intuitive way.
**Credits**
This script is a derivative work based on the original "ICT Breakers" by ICTProTools, used with permission under the Mozilla Public License 2.0. Significant enhancements, including RSI-MA signals, trend filtering, dynamic timeframe adjustments, dual exit strategies, and an AI-style statistics dashboard, were developed by . We express our gratitude to ICTProTools for their foundational work in market structure analysis.
**What It Does**
ICT SwiftEdge integrates multiple trading concepts to help traders identify and manage trades based on market structure and momentum:
- **Market Structure Analysis**: Identifies Break of Structure (BOS) and Market Structure Shift (MSS) patterns, which signal potential trend continuations or reversals. BOS indicates a continuation of the current trend, while MSS highlights a shift in market direction, providing key entry points.
- **RSI-MA Signals**: Generates "BUY" and "SELL" signals when BOS or MSS patterns align with the Relative Strength Index (RSI) smoothed by a Moving Average (RSI-MA). Signals are filtered to occur only when RSI-MA is above 50 (for buys) or below 50 (for sells), ensuring momentum supports the trade direction.
- **Trend Filtering**: Prevents multiple signals in the same trend, ensuring only one buy or sell signal per trend direction, reducing noise and improving trade clarity.
- **Dynamic Timeframe Adjustment**: Automatically adjusts pivot points, RSI, and MA parameters based on the selected chart timeframe (1M to 1D), optimizing performance across different market conditions.
- **Flexible Exit Strategies**: Offers two user-selectable exit methods:
- **Trailing Stop-Loss (TSL)**: Exits trades when price moves against the position by a user-defined distance (in points), locking in profits or limiting losses.
- **RSI-MA Exit**: Exits trades when RSI-MA crosses the 50 level, signaling a potential loss of momentum.
- Users can enable either or both strategies, providing flexibility to adapt to different trading styles.
- **AI-Style Statistics Dashboard**: Displays real-time trade performance metrics in a futuristic, neon-colored interface, including total trades, wins, losses, win/loss ratio, and win percentage. This helps traders evaluate the system's effectiveness without external tools.
**Why This Combination?**
The integration of these components creates a synergistic trading system:
- **BOS/MSS and RSI-MA**: Combining market structure breaks with RSI-MA ensures entries are based on both price action (structure) and momentum (RSI-MA), increasing the likelihood of high-probability trades.
- **Trend Filtering**: By limiting signals to one per trend, the system avoids overtrading and focuses on significant market moves.
- **Dynamic Adjustments**: Timeframe-specific parameters make the system versatile, suitable for scalping (1M, 5M) or swing trading (4H, 1D).
- **Dual Exit Strategies**: TSL protects profits during trending markets, while RSI-MA exits are ideal for range-bound or reversing markets, catering to diverse market conditions.
- **Statistics Dashboard**: Provides immediate feedback on trade performance, enabling data-driven decision-making without manual tracking.
This combination balances technical precision with user-friendly visuals, making it accessible to both novice and experienced traders.
**How to Use**
1. **Add to Chart**: Apply the script to any TradingView chart.
2. **Configure Settings**:
- **Chart Timeframe**: Select your chart's timeframe (1M to 1D) to optimize parameters.
- **Structure Timeframe**: Choose a timeframe for market structure analysis (leave blank for chart timeframe).
- **Exit Strategy**: Enable Trailing Stop-Loss (`useTslExit`), RSI-MA Exit (`useRsiMaExit`), or both. Adjust `tslPoints` for TSL distance.
- **Show Signals/Labels**: Toggle `showSignals` and `showExit` to display "BUY", "SELL", and "EXIT" labels.
- **Dashboard**: Enable `showDashboard` to view trade statistics. Customize colors with `dashboardBgColor` and `dashboardTextColor`.
3. **Trading**:
- Look for "BUY" or "SELL" labels to enter trades when BOS/MSS aligns with RSI-MA.
- Exit trades at "EXIT" labels based on your chosen strategy.
- Monitor the statistics dashboard to track performance (total trades, win/loss ratio, win percentage).
4. **Alerts**: Set up alerts for BOS, MSS, buy, sell, or exit signals using the provided alert conditions.
**License**
This script is licensed under the Mozilla Public License 2.0 (mozilla.org). The source code is available for review and modification under the terms of this license.
**Compliance with TradingView House Rules**
This publication adheres to TradingView's House Rules and Scripts Publication Rules. It provides a clear, self-contained description of the script's functionality, credits the original author (ICTProTools), and explains the rationale for combining indicators. The script contains no promotional content, offensive language, or proprietary restrictions beyond MPL 2.0.
**Note**
Trading involves risk, and past performance is not indicative of future results. Always backtest and validate the system on your preferred markets and timeframes before live trading.
Enjoy trading with ICT SwiftEdge, and let data-driven insights guide your decisions!
Fractal Pattern AnalysisFractal Pattern Key Elements and How to Read Them
1. Williams Fractals (Triangle Markers)
Red Triangles Pointing Down: Bearish fractals - potential resistance points and selling opportunities
Green Triangles Pointing Up: Bullish fractals - potential support points and buying opportunities
When to Act: Look for bullish fractals forming during uptrends and bearish fractals during downtrends
2. Moving Averages
Yellow Line (20 EMA): Short-term trend
Blue Line (50 EMA): Medium-term trend
Red Line (200 EMA): Long-term trend
Interpretation: When shorter MAs cross above longer MAs, it's bullish; when they cross below, it's bearish
Key Signal: The alignment of all three MAs (stacked in order) confirms a strong trend
3. Background Color
Green Background: Uptrend (all MAs aligned bullishly)
Red Background: Downtrend (all MAs aligned bearishly)
Yellow Background: Sideways/neutral market (MAs not clearly aligned)
4. Market Structure Markers (Small Circles)
Green Circles: Higher highs and higher lows (bullish structure)
Red Circles: Lower highs and lower lows (bearish structure)
Pattern Recognition: Multiple green circles suggest continuing uptrend; multiple red circles suggest continuing downtrend
5. Reversal Diamonds ("Rev" Markers)
Yellow Diamonds: Potential trend reversal points
Usage: These mark where the current trend might be changing direction
Confirmation: Wait for price to close beyond the diamond before acting
6. Bollinger Bands (Blue Lines with Fill)
Middle Band: 20-period SMA
Upper/Lower Bands: Volatility channels
Signals: Price touching upper band in uptrend is strength; touching lower band in downtrend is weakness
Squeeze: When bands narrow, expect a volatility breakout soon
7. Status Table (Top Right)
Shows current trend, volume direction, and overall signal at a glance
"BUY" signal appears when multiple bullish conditions align
"SELL" signal appears when multiple bearish conditions align
TrendTwisterV1.5 (Forex Ready + Indicators)A Precision Trend-Following TradingView Strategy for Forex**
HullShiftFX is a Pine Script strategy for TradingView that combines the power of the **Hull Moving Average (HMA)** and a **shifted Exponential Moving Average (EMA)** with multi-layered momentum filters including **RSI** and **dual Stochastic Oscillators**.
It’s designed for traders looking to catch high-probability breakouts with tight risk management and visual clarity.
Chart settings:
1. Select "Auto - Fits data to screen"
2. Please Select "Scale Price Chart Only" (To make the chart not squished)
### ✅ Entry Conditions
**Long Position:**
- Price closes above the 12-period Hull Moving Average.
- Price closes above the 5-period EMA shifted forward by 2 bars.
- RSI is above 50.
- Stochastic Oscillator (12,3,3) %K is above 50.
- Stochastic Oscillator (5,3,3) %K is above 50.
- Hull MA crosses above the shifted EMA.
**Short Position:**
- Price closes below the 12-period Hull Moving Average.
- Price closes below the 5-period EMA shifted forward by 2 bars.
- RSI is below 50.
- Stochastic Oscillator (12,3,3) %K is below 50.
- Stochastic Oscillator (5,3,3) %K is below 50.
- Hull MA crosses below the shifted EMA.
---
## 📉 Risk Management
- **Stop Loss:** Set at the low (for long) or high (for short) of the previous 2 candles.
- **Take Profit:** Calculated at a risk/reward ratio of **1.65x** the stop loss distance.
---
## 📊 Indicators Used
- **Hull Moving Average (12)**
- **Exponential Moving Average (5) **
- **Relative Strength Index (14)**
- **Stochastic Oscillators:**
- %K (12,3,3)
- %K (5,3,3)
Vulkan Profit
Overview
The Vulkan Profit indicator is a trend-following tool that identifies potential entry and exit points by monitoring the relationship between short-term and long-term moving averages. It generates clear buy and sell signals when specific moving average conditions align, making it useful for traders looking to confirm trend changes across multiple timeframes.
How It Works
The indicator utilizes four different moving averages:
Fast WMA (period 3) - A highly responsive weighted moving average
Medium WMA (period 8) - A less sensitive weighted moving average
Fast EMA (period 18) - A responsive exponential moving average
Slow EMA (period 28) - A slower exponential moving average
These moving averages are grouped into two categories:
Short-term MAs: Fast WMA and Medium WMA
Long-term MAs: Fast EMA and Slow EMA
Signal Generation Logic
The Vulkan Profit indicator generates signals based on the relative positions of these moving averages:
Buy Signal (Green Triangle)
A buy signal appears when the minimum value of the short-term MAs becomes greater than the maximum value of the long-term MAs. In other words, when both short-term MAs cross above both long-term MAs.
Sell Signal (Red Triangle)
A sell signal appears when the maximum value of the short-term MAs becomes less than the minimum value of the long-term MAs. In other words, when both short-term MAs cross below both long-term MAs.
Visual Components
Moving Averages - All four moving averages can be displayed or hidden
Signal Arrows - Green triangles for buy signals, red triangles for sell signals
Colored Line - A line that changes color based on the current market stance (green for bullish, red for bearish)
Customization Options
The indicator offers several customization settings:
Toggle the visibility of moving averages
Toggle the visibility of buy/sell signals
Adjust the color, width, and position of the signal line
Choose between different line styles (Line, Stepline, Histogram)
Practical Trading Applications
Trend Identification: The relative positioning of all moving averages helps identify the current market trend
Entry/Exit Points: The buy and sell signals can be used as potential entry and exit points
Trend Confirmation: The colored line provides ongoing confirmation of the trend direction
Filter: Can be used in conjunction with other indicators as a trend filter
Trading Strategy Suggestions
Trend Following: Enter long positions on buy signals and exit on sell signals during trending markets
Confirmation Tool: Use the signals to confirm trades identified by other indicators
Timeframe Analysis: Apply the indicator across multiple timeframes for stronger confirmation
Risk Management: Place stop-loss orders below recent swing lows for long positions and above recent swing highs for short positions
Tips for Best Results
The indicator performs best in trending markets and may generate false signals in ranging or highly volatile markets
Consider the broader market context before taking trades based solely on these signals
Use appropriate position sizing and risk management regardless of the indicator's signals
The longer timeframes generally produce more reliable signals with fewer false positives
The Vulkan Profit indicator combines the responsiveness of short-term averages with the stability of long-term averages to capture significant trend changes while filtering out minor price fluctuations.
STH Unrealized Profit/Loss Ratio (STH-NUPL) | [DeV]STH-NUPL
The Short-Term Holder Net Unrealized Profit/Loss Ratio (STH-NUPL) is an analytical tool designed to approximate the unrealized profit or loss of Bitcoin’s short-term holders (STHs)—typically those holding coins for less than 155 days—within the constraints of TradingView’s price-based environment. Drawing inspiration from the canonical STH-NUPL metric, which assesses the difference between the market value and realized value of STH-held coins, this indicator adapts the concept into a normalized ratio using Bitcoin’s price data as a proxy. It offers a window into the sentiment and behavior of short-term market participants, who are often more sensitive to price fluctuations than long-term holders.
In its raw form, STH-NUPL oscillates around a break-even threshold of 0, where positive values indicate aggregate unrealized profits for STHs (market value exceeds realized value), and negative values suggest losses. This inflection point frequently acts as a key level: in bear markets, it can signal capitulation as STHs sell at break-even or below, while in bull markets, it may reflect reluctance to realize losses, providing support. The indicator enhances this metric with smoothing, a moving average overlay, and sophisticated visualization options, delivering a statistically informed perspective on short-term holder dynamics tailored for institutional-grade analysis.
STH-NUPL Settings -
Lookback Length (Default: 150 days): Defines the SMA period for estimating realized value. This 150-day window aligns with traditional STH definitions (e.g., <155 days), capturing a broad yet relevant historical cost basis for short-term holders, ideal for assessing cyclical behavior.
Smoothing Period (Default: 5 days): Applies an EMA to the raw STH-NUPL ratio, with a short default period to maintain responsiveness to recent price shifts while filtering out daily volatility. This setting is particularly suited for tactical analysis.
Moving Average Settings -
MA Lookback Length (Default: 90 days): Sets the period for the STH-NUPL’s moving average, offering a medium-term trend signal that contrasts with the 150-day lookback, enabling detection of momentum shifts within broader market phases.
MA Type (Default: EMA): Provides six moving average types, from the straightforward SMA to the volume-sensitive VWMA. The default EMA balances smoothness and reactivity, while options like HMA or VWMA cater to specialized needs, such as emphasizing recent action or volume trends.
Display Settings -
Show Moving Average (Default: True): Toggles the visibility of the STH-NUPL MA plot, allowing users to focus solely on the smoothed ratio when desired.
Show Background Colors (Default: True): Activates dynamic background shading to visually reinforce market regimes.
Background Color Source (Default: STH-NUPL): Enables users to tie the background to either the STH-NUPL’s midline (reflecting sthNupl > 0) or the MA’s trend direction (maNupl > maNupl ), aligning the visual context with the chosen analytical focus.
Analytical Applications -
Bear Market Capitulation: When the smoothed STH-NUPL approaches or falls below zero, it often signals loss realization among STHs, a precursor to capitulation in downtrends. A declining MA crossing zero can confirm this selling pressure.
Bull Market Support: Positive STH-NUPL values with a rising MA indicate STHs are in profit and reluctant to sell at a loss, forming support zones in uptrends as sell pressure wanes.
Sentiment Extremes: Significant deviations above or below zero highlight over-optimism or despair among STHs, offering contrarian opportunities when paired with price action or other on-chain metrics.
**Limitations**
As a TradingView-based approximation, this indicator uses price data (close) rather than true on-chain STH supply and realized price, which are available through providers like Glassnode. The 150-day SMA for realized value simplifies the cost basis, potentially underrepresenting the diversity of STH transactions. Despite this, the smoothed ratio and moving average overlay provide a practical proxy for tracking STH sentiment within TradingView’s ecosystem.
Spent Output Profit Ratio (SOPR) Z-Score | [DeV]SOPR Z-Score
The Spent Output Profit Ratio (SOPR) is an advanced on-chain metric designed to provide deep insights into Bitcoin market dynamics by measuring the ratio between the combined USD value of all Bitcoin outputs spent on a given day and their combined USD value at the time of creation (typically, their purchase price). As a member of the Realized Profit/Loss family of metrics, SOPR offers a window into aggregate seller behavior, effectively representing the USD amount received by sellers divided by the USD amount they originally paid. This indicator enhances this metric by normalizing it into a Z-Score, enabling a statistically robust analysis of market sentiment relative to historical trends, augmented by a suite of customizable features for precision and visualization.
SOPR Settings -
Lookback Length (Default: 150 days): Determines the historical window for calculating the Z-Score’s mean and standard deviation. A longer lookback captures broader market cycles, providing a stable baseline for identifying extreme deviations, which is particularly valuable for long-term strategic analysis.
Smoothing Period (Default: 100 days): Applies an EMA to the raw SOPR, balancing responsiveness to recent changes with noise reduction. This extended smoothing period ensures the indicator focuses on sustained shifts in seller behavior, ideal for institutional-grade trend analysis.
Moving Average Settings -
MA Lookback Length (Default: 90 days): Sets the period for the Z-Score’s moving average, offering a shorter-term trend signal relative to the 150-day Z-Score lookback. This contrast enhances the ability to detect momentum shifts within the broader context.
MA Type (Default: EMA): Provides six moving average types, from the simple SMA to the volume-weighted VWMA. The default EMA strikes an optimal balance between smoothness and responsiveness, while alternatives like HMA (Hull) or VWMA (volume-weighted) allow for specialized applications, such as emphasizing recent price action or incorporating volume dynamics.
Display Settings -
Show Moving Average (Default: True): Toggles the visibility of the Z-Score MA plot, enabling users to focus solely on the raw Z-Score when preferred.
Show Background Colors (Default: True): Activates dynamic background shading, enhancing visual interpretation of market regimes.
Background Color Source (Default: SOPR): Allows users to tie the background color to either the SOPR Z-Score’s midline (reflecting adjustedZScore > 0) or the MA’s trend direction (zScoreMA > zScoreMA ). This dual-source option provides flexibility to align the visual context with the primary analytical focus.
Analytical Applications -
Bear Market Resistance: When the Z-Score approaches or exceeds zero (raw SOPR near 1), it often signals resistance as sellers rush to exit at break-even, a pattern historically observed during downtrends. A rising Z-Score MA crossing zero can confirm this pressure.
Bull Market Support: Conversely, a Z-Score dropping below zero in uptrends indicates reluctance to sell at a loss, forming support as sell pressure diminishes. The MA’s bullish coloring reinforces confirmation of renewed buying interest.
Extreme Deviations: Values significantly above or below zero highlight overbought or oversold conditions, respectively, offering opportunities for contrarian positioning when paired with other on-chain or price-based metrics.
SemaforThis is the 4 Level Semafor indicator with Daily Open Line and Average Session Range. Also on the chart is the EMA Ribbon indicator.
Credit to:
Devlucem for the Semafor indicator
Quantvue for the Average Session Range
Shusterivi for the Daily Open Line
MYNAMEISBRANDON for the EMA Ribbon
The Semafors are based on the ZigZag indicator and show higher highs/lower lows of a specified period, determined by the user and applied in settings.
The default periods I use are:
10 period (hidden on this chart)
50 period-blue dots
250 period-white dots
615 period-black dots
Just as the ZigZag indicator will recalculate so to will the semafors, as additional candles are built. The semafor indicator is never to be used as a stand alone signal. It must be combined with other indicators to be used effectively. What we look for are the semafor patterns of a large white dot followed by a 1st blue dot opposite of the white. Then a 2nd blue dot in agreement with the white dot. In theory, the 2nd blue dot is seen as confirmation of the establishment of the white semafor..
When combined with Daily Open Line, ADR (Average Sessions Range), EMA cross and VWAP anchored to your 250 semafors, your odds are greatly increased. Add to that the knowledge of basic market structure and the wisdom that comes from patience and you have a very powerful weapon.
The Daily Open...I trade the M1 chart and also draw a H4 Open Line on my chart for the smaller time frames. Price will tend to trade away from the Daily Open Line. In many cases until it reaches certain levels...Fib, Gann, ADR, etc., then runs through a pullback cycle. I like the ADR levels. The ADR can give clues when entering a consolidation phase, ie trading between the buy side and sell side 15% levels. Trading away from the Daily Open(or H4 open) along with breaking the 15% level, while in agreement with a semafor pattern is a good sign.
Add to that confluence the agreement of your MA cross and the 250 semafor Anchored VWAP and you have a solid signal to help determine your actions. This trend following layout will work on any time frame. I just really like the M1 for its precision, not for crazy back and forth all day. With the exception of some strong pull back signals, I don't enter any more trades on the M1 than on M5, 15 or 30.
This is based on and follows the teachings of Xard and his trading strategy. Just as I don't want to take anyone's credit for these indicators, I won't take credit for what I have been taught either.
The trader can obviously use their favorite MA cross indicator. But this one is visually beautiful AND displays the current time frame and 1 time frame higher on the chart...awesome!
Of note, I do run into trouble at times with the 615 period semafor. I have been told it is because TradingView has trouble with extended period indicators. As a matter of fact, I would like a much higher period for my biggest semafor. I would like it set at 1250, but that seems to be a no starter. If anyone has a solution, that would be welcomed news.
Options Series - Technical Analysis Chart➤ Simple Technical Chart Only:
➤ With MA-20 Overlay and Volatility background bars:
➤ With RSI Candles:
⭐ Overview and How It Works:
This script provides a multi-asset analysis tool to assess various market conditions across four symbols simultaneously. It combines several indicators such as daily price change, Moving Averages (MA), Bollinger Bands (BB), Parabolic SAR, RSI, and VWAP to generate buy/sell signals and trend indicators. Its strength lies in the layered use of indicators to enhance signal reliability, making it valuable for traders needing cross-validation in decision-making.
⭐ Key Features and Functionality:
The script evaluates each symbol's price against various indicators and conditions:
Daily Price Conditions: It checks if each symbol’s close price is above or below the previous day’s open, close, and intra-day ranges, forming a foundational bullish/bearish condition.
Range Breakout 1st 5min Candle (ORB): Opening Range Breakout levels are calculated and compared with current close prices, detecting breakout/breakdown conditions.
ORB Body: This basically calculates the previous day Daily candle body size, if todays Daily candle body size is greater than previous day, then we can say that we are having good momentum else its likely to be in-sidebar trading.
Moving Averages (MA): It leverages EMA-20, 2-day, and 3-day exponential moving averages to gauge short to medium-term trends.
RSI and VWAP: Relative Strength Index (RSI) determines overbought or oversold conditions, while VWAP compares prices to volume-weighted levels.
Bollinger Bands and Trend Analysis: Detects volatility and potential breakout conditions.
Concept of ORB Body:
Current_PrevDay_Body = (math.max(var_Current_PrevD_Open, var_Current_PrevD_Close) - math.min(var_Current_PrevD_Open, var_Current_PrevD_Close))
Current_Upper_ORB = var_Current_D_Open + Current_PrevDay_Body
Current_Lower_ORB = var_Current_D_Open - Current_PrevDay_Body
Current_TodayDay_Body = math.max(var_Current_D_Open, var_Current_Close) - math.min(var_Current_D_Open, var_Current_Close)
Current_ORBBody = Current_TodayDay_Body > Current_PrevDay_Body
Current_Upper_ORB_bull = (var_Current_Close > Current_Upper_ORB)
Current_Lower_ORB_bear = (var_Current_Close < Current_Lower_ORB)
🎨 Visualizations and User Experience:
The script can dynamically display colored backgrounds indicating trends when conditions are met. For example, the bgcolor function changes the background when certain trend-based criteria are satisfied, offering visual cues to users. Additionally, the checkbox input toggles trend bar visualizations, enhancing user experience by providing a quick visual reference without needing to interpret individual data points manually.
RSI-Based Candle Coloring:
➤ The script customizes candle colors based on RSI thresholds, specifically defining upper (60) and lower (40) RSI levels. When the RSI value exceeds the upper threshold, candles are colored as bullish (green), and if it falls below the lower threshold, candles are colored as bearish (red). Neutral RSI values result in a default color (gray).
➤ This setup offers a visually intuitive way to identify potential trend directions based on RSI levels, making it ideal for traders looking to gauge momentum visually.
⭐ Settings and Customization:
With multiple user-configurable inputs, the script allows for tailored analysis. Customizable parameters, such as enabling/disabling trend bars and setting various look-back periods for indicators like Bollinger Bands and Moving Averages, make it adaptable to various trading styles and preferences. It also allows users to modify visual elements like colors and styles, improving flexibility.
⭐ Uniqueness of the Concept:
The unique aspect of this script is its multi-symbol approach combined with complex conditions. By comparing not only one but four symbols simultaneously, it provides a broader market view and allows traders to correlate signals across different assets, offering a potential edge for diversified or comparative strategies. Additionally, the incorporation of ORB and multi-timeframe MAs gives it a robustness often lacking in simpler single-symbol scripts.
🚀 Conclusion:
This script is a powerful multi-indicator tool suited for traders looking for a comparative, multi-symbol analysis. With features like ORB, Bollinger Band-based trend detection, and MA cross-verification, it can assist traders in identifying and validating trend signals across assets. The user-friendly visualizations and customizable settings further enhance its usability, making it versatile for various trading strategies and preferences.
Plot background depending on Index EMA 10 and EMA 20This indicator gives the user an easy way to check the conditions of the market.
Up market should be good for breakout traders.
Down market should be good for breakdown shortsellers
The others should be good for pullback buyers.
This script automaticlly check which index should be used for the depending on which ticker is view. If no match is found indicator will use IXIC as reference.
The script works for Nordic and US stocks.
"OMXSPI"
"OBX"
"OMXSPI"
"OMXHPI"
"OMXCPI"
"IXIC"
It then alculated the EMA10 and EMA20 for the index and plots the background depending on 6 differnet conditions.
EMA10 below EMA20 and EMA10 and EMA20 is sloping down. //Down market
EMA10 above EMA20 and EMA10 and EMA20 is sloping up. //Up market
EMA10 below EMA20 and EMA10 sloping up and EMA20 is sloping down. //First indication by market to move up
EMA10 above EMA20 and EMA10 sloping down and EMA20 is sloping up. //First indication by market to move down
EMA10 below EMA20 and EMA10 sloping up and EMA20 is sloping up. //Possible MA cross over
EMA10 below EMA20 and EMA10 sloping down and EMA20 is sloping down. //Possible MA cross over
RedK DIY ZLMA: Customizable Zero-Lag MA (Educational / Utility)This script is more of an educational / utility piece rather than a fully-fledged indicator - It provides an easy way to customize and produce a zero-lag Moving average that can then be used in various scenarios
What is DIY_ZLMA?
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The DIY ZLMA is for fans and enthusiasts of researching Moving Averages (like me) - the script enables the user to play around with one of the common approaches used to reduce lag in moving averages - which was explained in this old post below
Suggested uses of the DIY_ZLMA
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* The Zero-lag approach here applies 3 moving average passes to a source data series - I'll refer to these 3 passes as Base MA Pass , De-lagging Pass, and Smoothing Pass - these "passes" can be customized from the indicator settings in terms of MA Length and type. The first pass allows the choice of a "source", and the second pass allows additional fine tuning by playing around with the magnification factor. The 3rd pass (smoothing) is optional and can be skipped altogether when needed. (as noted in the script, HMA and TEMA, which are very common low-lag MA's use slightly different approach in the calculation than the one used here .. so we can't get an equivalent of either of these MA's with the customization of DIY_ZLMA parameters)
* After the user experiments with the various settings for the 3 passes, and finds a "preferred combination", the script not only plots the resulting My_ZLMA - it also produces the "1-line Pine script formula" that the user can then use in any other script, maybe to smoothen some data series, or to combine with other types of moving averages to create multi-MA cross-over trading signals... and so on.
* The DIY_ZLMA can also be added to another indicator as a signal line using the Indicator-on-Indicator feature of TradingView (review this post for step-by-step -->
)
* the script also showcases couple of recent (and very neat) Pine features: the use of User-defined Types (UDT) and User-defined Methods - which are awesome and a lot of fun to work with :)
Since this is more of a utility piece, I added as many comments as possible to the script to explain the way it works - so it's more valuable if someone finds it by searching the "Add Indicator" feature in TradingView charts
Please feel free to play around with this new toy :) and share comments and feedback below if you find this useful. I truly hope you do.
Hodrick-Prescott Channel [Loxx]Hodrick-Prescott Channel is a fast and slow moving average that moves inside a channel. Breakouts are when the fast ma crosses up over the slow ma and breakdowns are the opposite. The white moving average is the fast ma, the slow moving average is the red/green ma.
What is Hodrick–Prescott filter?
The Hodrick–Prescott filter (also known as Hodrick–Prescott decomposition) is a mathematical tool used in macroeconomics, especially in real business cycle theory, to remove the cyclical component of a time series from raw data. It is used to obtain a smoothed-curve representation of a time series, one that is more sensitive to long-term than to short-term fluctuations. The adjustment of the sensitivity of the trend to short-term fluctuations is achieved by modifying a multiplier Lambda.
The filter was popularized in the field of economics in the 1990s by economists Robert J. Hodrick and Nobel Memorial Prize winner Edward C. Prescott, though it was first proposed much earlier by E. T. Whittaker in 1923.
There are some drawbacks to use the HP filter than you can read here: en.wikipedia.org
Included
Bar coloring
Signals
Alerts
