QQQ Fair Value BandsThis is similar to the SPX Fair Value Bands indicator, but for QQQ.
It is based on the Net Liquidity model:
Net Liquidity = FED - RRP - TGA
在腳本中搜尋"liquidity"
Detect BOS in Five Candles with MTF - Alert [MsF]Japanese below / 日本語説明は英文の後にあります。
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*This indicator is based on azmathshah's "Last Three Candles each of Two HTF".
It's a very cool indicator. thank you.
You can detect trend reversal with candlesticks.
It's MTF compatible and can display up to 2 sets of 5 candles of any time frame on the right side of the chart.
By displaying the candles of the upper time frame bars, you can check the trend change and measure the entry timing with the lower time frame bars.
There are two types of alerts.
"Liquidity Sweep": This is an alert when the upper beard (high) of ③ is touched with the next foot.
"Candle Close": An alert when the upper whisker (high) of ③ is exceeded by the closing price of the next bar (generally a strong signal)
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ローソク足でトレンド転換を検知するインジケーターです。
MTF対応となっておりチャートの右側に任意タイムフレームのローソク5本を最大2セット表示できます。
上位足のローソクを表示することにより、トレンド転換確認しながら、下位足でエントリータイミングを計ることができます。
アラートは2種類あります。
"Liquidity Sweep":③の上ヒゲ(high)を次の足でタッチした場合のアラートです
"Candle Close":③の上ヒゲ(high)を次の足の終値で上回った場合のアラートです(一般的には強力なシグナルとなります)
Stock Data Table█ OVERVIEW
This is a table that shows some information about stocks. It is divided into four sections:
1) Correlation
2) Shares
3) Daily Data
4) Extended Session Data
The table is completely modular, which means you can add or remove each element from the settings menu, and it will automatically rearrange its spaces.
It is also highly customizable, to the extent that you can change almost any color, remove or change titles, invert section rows, and much more.
1) Correlation
The script checks if the stock is listed on NASDAQ, and if so, uses the QQQ (Nasdaq-100 ETF) as the reference index in the first cell; otherwise, it uses the SPY (S&P 500 ETF). The length of the correlation is shown in the second cell. The table then displays the correlation between the reference index and the other index, and the correlation between the reference index and the stock.
To make it easier to interpret the correlation values, each row's last cell is color-coded with a gradient to highlight the type of correlation, and the direction of the gradient can be customized.
The correlation coefficient is a statistical measure that quantifies the strength and direction of the relationship between two variables, indicating how changes in one variable are associated with changes in the other variable, so it can be used to identify patterns and trends.
If you are interested in correlation, I suggest taking a look at my dedicated indicator:
2) Shares
This feature provides you with quick access to key information about shares and market capitalization.
On one row, you can view the total shares outstanding and the market capitalization for the fiscal year or the quarterly year. The total shares outstanding represents the total number of shares of the stock that have been issued and are currently outstanding, regardless of whether they are held by insiders or public investors. The market capitalization is a widely used measure of the company's value as determined by the stock market, calculated by multiplying its current stock price with the total number of outstanding shares.
The other row shows the float, which is the number of shares of a company that are available for public trading, and the corresponding free-float market cap, calculated by multiplying the company's current stock price with the float. Because Pine Script does not allow retrieving information about quarterly year float, you can view the float and the free-float market cap of the fiscal year only. The data can be displayed at all times or only when the difference between the total shares outstanding and the float is significant enough to result in a difference between the market cap and free-float market cap.
The classification for market cap and free-float market cap is set in this way:
Mega Cap: $200 billion or more
Large Cap: between $10 billion and $200 billion
Mid Cap: between $2 billion and $10 billion
Small Cap: between $300 million and $2 billion
Micro Cap: less than $300 million
Penny Stocks: less than $5 (customizable)
Comparing the free-float market cap to the market cap can provide insights into the liquidity of a stock. In fact, if the float is relatively small compared to the total shares outstanding, it may be more difficult to find buyers or sellers, which could lead to increased volatility. On the other hand, a larger float indicates that the stock is more liquid and may be easier to trade, potentially resulting in lower volatility. However, market conditions can change quickly and significantly, especially for intraday traders, and the free-float can also change as insiders or other large shareholders buy or sell shares. Therefore, comparing the data of the fiscal year with that of the quarterly year may not provide the most up-to-date and accurate information for making trading decisions. This limitation can be mitigated by combining those data with other indicators and tools, such as technical analysis or news events, to gain a better understand of the stock's performance and potential trading opportunities.
3) Daily Data
This section is available on daily charts only due to the lack of accuracy of real-time daily data on other time frames. Here, you can view the Average Daily Volume (ADV) over a preferred time range (20 days by default), and the Daily Change, which represents the percentage difference between the closing price on two consecutive trading days.
ADV is useful in measuring the stock's volatility, as it provides an indication of how much trading activity there is in it. Generally speaking, stocks with higher trading volume tend to be less volatile than stocks with lower trading volume. High trading volume means there are more buyers and sellers actively trading the stock, which makes it easier for investors to buy and sell shares at fair prices. This increased liquidity can help to stabilize the stock price, reducing the potential for large swings in either direction. On the other hand, stocks with lower trading volume may experience greater volatility, as there are fewer buyers and sellers actively trading the stock. This can result in larger price swings, as it may be more difficult for investors to buy or sell shares at fair prices.
The daily percentage change can provide an indication of the stock's volatility, with larger values indicating greater volatility and risk. It can also be compared to that of a benchmark such an index or other stocks in the same sector, helping to determine whether the stock is outperforming or underperforming relative to them.
4) Extended Session Data
The fourth section is available on intraday charts only. This section provides two pieces of information: the Extended Session Change and the Pre-Market Volume.
The Extended Session Change indicates the percentage difference between the previous day's closing price and the latest price in the extended session. This gives you the extent and the direction of the price gap that occurred during extended trading hours.
The Pre-Market Volume shows the sum of all shares traded during the pre-market session. This can be helpful in understanding how much interest the stock gained before the market opened.
By default, the two rows will be visible at all times. They will stop updating after the end of their respective time range, and resume updating when it starts again. However, you can choose to automatically hide them outside of their time ranges.
Both the extended session and pre-market time ranges can be customized. Please note that if you select time ranges outside of the regular market session (as set by default), you must enable the extended session to view the corresponding rows.
█ GENERAL NOTES
• Total Shares Outstanding, Float, Average Daily Volume and Pre-Market Volume cells use a customizable color system based on two thresholds, to help you quickly identify whether the value is "too low/acceptable/too high" or "too low/not enough high/acceptable".
• If you cannot see certain data, that simply means it is not available.
Central Bank Dark Energy TracerCentral Bank Dark Energy Tracer (CBDE Tracer)
What makes The Universe grow at an accelerating pace?
Dark Energy.
What makes The Economy grow at an accelerating pace?
Debt.
Debt is the Dark Energy of The Economy.
The CBDE Tracer is a tool that tracks currency assets in US dollars that can be scaled to fit other assets on TradingView.
The example provided is QQQ with scale factors and offsets applied that best curve fit to the most recent price action.
The white line is non-US assets from the following central banks:
-JPY (Japan)
-CNY (China)
-UK (British Pound)
-SNB (Swiss National Bank)
-ECB (European Central Bank )
The lime green line is for US Federal Reserve data including a midpoint of WRESBAL and the fed liquidity calculation (WALCL - WTREGEN) and then subtracting RRPONTSYD
The purple line is the average of the two, US assets, and non-US.
The settings can be configured so that only the average is showing, which should the closest aggregate of all liquidity data.
30MIN CYCLE█ HOW DOES IT WORK?
The known 90 min cycle is used as one killzone. But actually all 18 min are relevant to search for a trade. All 18 min when a new box starts only then is the placement of an order valid. If the entry candle isn't in a box then it will probably fail. The boxes should only be used in the M1 or M5 timeframe. The best hitrate is in the M1 timeframe. Included are the last 48 "Mini-Killzones" für intraday trading and backtesting. These "Mini-Killzones" can be used with the "Liquidity Inducement Strategy".
█ WHAT MAKES IT UNIQUE?
This is the first indicator on tradingview that shows all mini-killzones for trading and backtesting a whole tradingday. The well-known killzones of ICT are from 08:00-11:00 and 14:00 - 17:00 (UTC+1) but with this indicator there is finally a refinement of the ICT Smart Money Concept killzones.
█ HOW TO USE IT?
For a proper use of this indicator we suggest to know already at least SMC or better Liquidity Indcuement Trading. This indicator is a further confluence before placing an order. After you made your setup you will have these mini-killzones as a confluence. We don't suggest to open a trade only according to this indicator.
█ ADDITIONAL INFO
This indicator is free to use for all tradingview users.
█ DISCLAIMER
This is not financial advice.
Day Trading Booster by DGTTiming when day trading can be everything
In Stock markets typically more volatility (or price activity) occurs at market opening and closings
When it comes to Forex (foreign exchange market), the world’s most traded market, unlike other financial markets, there is no centralized marketplace, currencies trade over the counter in whatever market is open at that time, where time becomes of more importance and key to get better trading opportunities. There are four major forex trading sessions, which are Sydney , Tokyo , London and New York sessions
Forex market is traded 24 hours a day, 5 days a week across by banks, institutions and individual traders worldwide, but that doesn’t mean it’s always active the entire day. It may be very difficult time trying to make money when the market doesn’t move at all. The busiest times with highest trading volume occurs during the overlap of the London and New York trading sessions, because U.S. dollar (USD) and the Euro (EUR) are the two most popular currencies traded. Typically most of the trading activity for a specific currency pair will occur when the trading sessions of the individual currencies overlap. For example, Australian Dollar (AUD) and Japanese Yen (JPY) will experience a higher trading volume when both Sydney and Tokyo sessions are open
There is one influence that impacts Forex matkets and should not be forgotten : the release of the significant news and reports. When a major announcement is made regarding economic data, currency can lose or gain value within a matter of seconds
Cryptocurrency markets on the other hand remain open 24/7, even during public holidays
Until 2021, the Asian impact was so significant in Cryptocurrency markets but recent reasearch reports shows that those patterns have changed and the correlation with the U.S. trading hours is becoming a clear evolving trend.
Unlike any other market Crypto doesn’t rest on weekends, there’s a drop-off in participation and yet algorithmic trading bots and market makers (or liquidity providers) can create a high volume of activity. Never trust the weekend’ is a good thing to remind yourself
One more factor that needs to be taken into accout is Blockchain transaction fees, which are responsive to network congestion and can change dramatically from one hour to the next
In general, Cryptocurrency markets are highly volatile, which means that the price of a coin can change dramatically over a short time period in either direction
The Bottom Line
The more traders trading, the higher the trading volume, and the more active the market. The more active the market, the higher the liquidity (availability of counterparties at any given time to exit or enter a trade), hence the tighter the spreads (the difference between ask and bid price) and the less slippage (the difference between the expected fill price and the actual fill price) - in a nutshell, yield to many good trading opportunities and better order execution (a process of filling the requested buy or sell order)
The best time to trade is when the market is the most active and therefore has the largest trading volume, trading all day long will not only deplete a trader's reserves quickly, but it can burn out even the most persistent trader. Knowing when the markets are more active will give traders peace of mind, that opportunities are not slipping away when they take their eyes off the markets or need to get a few hours of sleep
What does the Day Trading Booster do?
Day Trading Booster is designed ;
- to assist in determining market peak times, the times where better trading opportunities may arise
- to assist in determining the probable trading opportunities
- to help traders create their own strategies. An example strategy of when to trade or not is presented below
For Forex markets specifically includes
- Opening channel of Asian session, Europien session or both
- Opening price, opening range (5m or 15m) and day (session) range of the major trading center sessions, including Frankfurt
- A tabular view of the major forex markets oppening/closing hours, with a countdown timer
- A graphical presentation of typically traded volume and various forext markets oppening/clossing events (not only the major markets but many other around the world)
For All type of markets Day Trading Booster plots
- Day (Session) Open, 5m, 15m or 1h Opening Range
- Day (Session) Referance Levels, based on Average True Range (ATR) or Previous Day (Session) Range (PH - PL)
- Week and Month Open
Day Trading Booster also includes some of the day trader's preffered indicaotrs, such as ;
- VWAP - A custom interpretaion of VWAP is presented here with Auto, Interactive and Manual anchoring options.
- Pivot High/Low detection - Another custom interpretation of Pivot Points High Low indicator.
- A Moving Average with option to choose among SMA, EMA, WMA and HMA
An example strategy - Channel Bearkout Strategy
When day trading a trader usually monitors/analyzes lower timeframe charts and from time to time may loose insight of what really happens on the market from higher time porspective. Do not to forget to look at the larger time frame (than the one chosen to trade with) which gives the bigger picture of market price movements and thus helps to clearly define the trend
Disclaimer : Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely
The script is for informational and educational purposes only. Use of the script does not constitutes professional and/or financial advice. You alone the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script
J1 - Glassnode Metrics ToolkitTV announced that you can now pull data from Glassnode!
Here you can find every metric available to compare blockchain data from different coins.
How to use:
- Select your Coin
- Select your Metric
Then you can enable another coin or the same one to compare data.
As per TV's post:
Coins:
BTC, ETH, LTC, AAVE, ABT, AMPL, ANT, ARMOR, BADGER, BAL, BAND, BAT, BIX, BNT, BOND, BRD, BUSD, BZRX, CELR, CHSB, CND, COMP, CREAM, CRO, CRV, CVC, CVP, DAI, DDX, DENT, DGX, DHT, DMG, DODO, DOUGH, DRGN, ELF, ENG, ENJ, EURS, FET, FTT, FUN, GNO, GUSD, HEGIC, HOT, HPT, HT, HUSD, INDEX, KCS, LAMB, LBA, LDO, LEO, LINK, LOOM, LRC, MANA, MATIC, MCB, MCO, MFT, MIR, MKR, MLN, MTA, MTL, MX, NDX, NEXO, NFTX, NMR, Nsure, OCEAN, OKB, OMG, PAX, PAY, PERP, PICKLE, PNK, PNT, POLY, POWR, PPT, QASH, QKC, QNT, RDN, REN, REP, RLC, ROOK, RPL, RSR, SAI, SAN, SNT, SNX, STAKE, STORJ, sUSD, SUSHI, TEL, TOP, UBT, UMA, UNI, USDC, USDK, USDT, UTK, VERI, WaBi, WAX, WBTC, WETH, wNMX, WTC, YAM, YFI, ZRX.
Metrics:
ACTIVEADDRESSES — Number of Active Addresses
SENDINGADDRESSES — Number of Sending Addresses
RECEIVINGADDRESSES — Number of Receiving Addresses
NEWADDRESSES — Number of New Addresses
ADDRESSES — Number of Addresses
BLOCKS — Block Height
BLOCKSMINED — Number of Blocks Mined
BLOCKMEANINTERVAL — Mean Block Interval
BLOCKMEDIANINTERVAL — Median Block Interval
TOTALBLOCKSIZE — Total Block Size
MEANBLOCKSIZE — Mean Block Size
TOTALTXFEES — Total Transaction Fees
MEANTXFEES — Mean Transaction Fees
MEDIANTXFEES — Median Transaction Fees
TOTALTXFEESUSD — Total Transaction Fees in USD
MEANTXFEESUSD — Mean Transaction Fees in USD
MEDIANTXFEESUSD — Median Transaction Fees in USD
TOTALGASUSED — Total Gas Used
MEANGASUSED — Mean Gas Used
MEDIANGASUSED — Median Gas Used
MEANTXGASPRICE — Mean Transaction Gas Price in gwei
MEDIANTXGASPRICE — Median Transaction Gas Price in gwei
MEANTXGASPRICEUSD — Mean Transaction Gas Price in USD
MEDIANTXGASPRICEUSD — Median Transaction Gas Price in USD
MEANGASLIMIT — Mean Transaction Gas Limit
MEDIANGASLIMIT — Median Transaction Gas Limit
MARKETCAP — Market Cap
DIFFICULTY — Mining Difficulty
HASHRATE — Mean Hash Rate
ATHDRAWDOWN — Price Drawdown from ATH
SOPR — Spent Output Profit Ratio (SOPR)
NEWDEPOSITS — Number of New Deposits
NEWSTAKED — Amount of New Value Staked
NEWSTAKEDUSD — Amount of New Value Staked in USD
NEWVALIDATORS — Number of New Validators
DEPOSITS — Total Number of Deposits
STAKED — Total Value Staked
STAKEDUSD — Total Value Staked in USD
VALIDATORS — Total Number of Validators
PHASE0GOAL — Phase 0 Staking Goal
ACTIVE1Y — Percent of Supply Last Active 1+ Years Ago
TXS — Number of Transactions
TXSPS — Number of Transactions per Second
TFSPS — Number of Transfers per Second
TOTALTXSIZE — Total Size of Transactions
MEANTXSIZE — Mean Size of Transfers
TOTALVOLUME — Total Transfer Volume
TOTALVOLUMEUSD — Total Transfer Volume in USD
MEANVOLUME — Mean Transfer Volume
MEANVOLUMEUSD — Mean Transfer Volume in USD
MEDIANVOLUME — Median Transfer Volume
MEDIANVOLUMEUSD — Median Transfer Volume in USD
UTXOCREATED — Number of Created UTXOs
UTXOSPENT — Number of Spent UTXOs
UTXOTOTAL — Total Numbers of UTXOs in the Network
UTXOVALUETOTAL — Total Value of Created UTXOs
UTXOVALUETOTALUSD — Total Value of Created UTXOs in USD
UTXOVALUEMEAN — Mean Value of Created UTXOs
UTXOVALUEMEANUSD — Mean Value of Created UTXOs in USD
UTXOVALUEMEDIAN — Median Value of Created UTXOs
UTXOVALUEMEDIANUSD — Median Value of Created UTXOs in USD
UTXOVALUETOTALSPENT — Total Value of Spent UTXOs
UTXOVALUETOTALSPENTUSD — Total Value of Spent UTXOs in USD
UTXOVALUEMEANSPENT — Mean Value of Spent UTXOs
UTXOVALUEMEANSPENTUSD — Mean Value of Spent UTXOs in USD
UTXOVALUEMEDIANSPENT — Median Value of Spent UTXOs
UTXOVALUEMEDIANSPENTUSD — Median Value of Spent UTXOs in USD
UNISWAPTXS — Number of Transactions on Uniswap
UNISWAPTOTALVOLUME — Total Volume Traded on Uniswap
UNISWAPTOTALVOLUMEUSD — Total Volume Traded on Uniswap in USD
UNISWAPLIQUIDITY — Total Liquidity on Uniswap
UNISWAPLIQUIDITYUSD — Total Liquidity on Uniswap in USD
PVSRA Volume Price - Some people say "Price Action is King". I say, we cannot know how the MMs (Market Makers) will move price next, period. But price tends to consolidate above key SR when MMs are filling short orders for SM (Smart Money) and long orders for DM (Dumb Money), and price tends to consolidate below key SR when MMs are filling long orders for SM and short orders for DM. The MMs are also "SM", and they tend to do the other SMs "one better"! This means that after the MMs fill the SM/DM orders, they might move price a bit further in an attempt to stop out some of those SM executed orders and sucker in more DM; both giving liquidity for the MMs to add to their own SM side position. Yes, the MMs are bastards. But the point is that could leave price not "nicely" above or below a SR anymore, yet more consolidation can occur.
Volume - Increases in activity denote increase in interest. But, is it long or short interest? Where is price in the bigger picture when this is happening? Is it at relative highs, or lows in the overall price action? And if a high volume bar is for a candle which you can examine by going to lower TF charts, you might see where in the spread of that candle the most volume occurred, high or low! Using volume is about taking note of relative increases in volume and what price is doing at the same time. Are the better volumes favoring the lower or the higher prices, as the MMs waffle price up and down? And do the volumes get particularly notable when the MMs take price above or below key SR?
S&R - Read all about S&R at "Baby Pips.com". What I want you to realize here is that the whole, half and quarter numbered price levels (hereinafter referred to as "Levels") are the most important SR of all in this market! Not because price stops, pauses, proceeds or reverses there, but because it is above or below these levels that important consolidation (MMs filling SM orders) takes place. Once SM long orders are filled, they become interested in placing orders to close them at higher prices, and hence the MMs will be moving price higher, eventually. Once SM short orders are filled, they become interested in placing orders to close them at lower prices, and hence the MMs will be moving price lower, eventually.
PVSRA - If we can spot consolidations above/below key SR, examine the overall price action on various TF charts, and take note of where the notable increases in volume have most recently occurred (did volume favor relative highs or lows), then we can build a consensus about what kind of orders the MMs have most recently been filling; buying to open longs or close shorts, or selling to open shorts or close longs. And we can get a better idea if things will next become bullish or bearish. And once PA confirms our bullish or bearish PVSRA results, by recognizing the importance of Levels we can look beyond current PA in the direction it is going and look to historic PA S&R (consolidation around key Levels) to come up with candidates for where the price might be headed. And bull or bear swings typically run in terms of 100+, 150+, 200+ pips, .....etc. And now you know why.
Okay. Now, if this is your first introduction to PVSRA, and having just read the above, you are likely scratching your head and still confused. That is normal. I will tell you a secret about the market and why you have a right to be confused. The secret is this. The market cannot be defined by mathematics nor by immutable logic. This is why the most advanced mathematicians over a century have never even come close to cracking the market. It cannot be done. Something else, other than math and immutable logic is the fundamental operand in the market. Have you ever watched a child attempt a jigsaw puzzle for the first time? And watched as that child grew and attempted more of them, and more complex ones? What is at work in the market I will elaborate on later, but for now trust me in this. We need to apply ourselves to learning how to do PVSRA just as a child attacks learning how to do jigsaw puzzles. And we must continue doing PVSRA, because in time our mind will "learn" when we have just picked up an important piece of the puzzle, and that we know where it goes! Developing the skill of PVSRA is an art form. We must not allow ourselves to feel badly if we miss clues. PVSRA is an art form that takes time to perfect. Over time our skill will grow and our "read" of the unpredictable market will improve. We must take to ongoing learning and application of PVSRA.
Introduction to How the Market Really Works
Does anybody remember the "lil' Abner" cartoons in the Sunday papers? Let me draw for you a mental picture of how the market really works.....
Imagine Daddy Yokum ferociously racing a buckboard wagon up and down the steep inclines and declines in the rough, rocky mountain road that has sharp turns and a sheer cliff on one side. The wagon wheels are spewing rocks off the side of the cliff! Even Daddy Yokum's shotgun is going off due to the jolting of the buckboard! Daddy Yokum has a demented look on his face, but he is smiling! The horse has a wild look in it's eyes and is frothing at the mouth. There are two passengers being tossed around in the back of the buckboard, terror stricken! Now, let's pan back from this cartoon picture and place the labels needed. On the side of the wagon is the sign "Market Pricing". The demented, smiling Daddy Yokum, is the Market Maker. The passengers being tossed around are the buyers and sellers.
.....Got it? Market prices are not determined by the buyers and sellers. They are determined by the Robber Bank Market Makers (MMs).
MMs are Market Manipulators of Price, and Thieves!
The "market" is the sole creation of the Robber Banks that "make the market". While it serves the world of commerce, they run it to make profits. And they opened the market up to foster prolific currency trading by others for the sole purpose of making more profits. They move prices up and down to "create liquidity" to fill the orders of SM (Smart Money) and DM (Dumb Money), for the commissions they make by filling the orders. When they have some orders above the current price and some below the current price, who do you think determines the sequence of direction and distance the price is going to move so these orders can be filled? And always - since they know how they are going to move price next - they take positions themselves to make additional profits.
They do this by:
1. Manipulating price to sucker into the market DM that is taking the wrong side position.
2. Manipulating price to sucker into the market SM that is taking the right side position, but too soon, and later manipulating price to hit their stops.
They have total control of pricing, and by these actions they effectively "steal" from others the money to fill their own "right side" positions before moving the price to the next area they have decided on for filling orders, and for taking profit on their positions built beforehand. Don't get me wrong. I do not object to the market volatility these thieving Robber Banks create. We need it. But we also need to understand what these people are like, the cloth they are cut from. They are crooks, and we have to be extra careful about trading in the market they operate. On some special days you can see them in their true colors. We should witness it. Take note of it. Speak of it. And remember it!
DOJI FU IndicatorIndicator is designed to paint a doji, the size of which can be adjusted in settings.
Provided there is a valid doji, the following candle is a 'FU candle' or an 'Institution' candle. This candle wicks above/below the doji and takes liquidity from above or below.
Colours can be changed
Red = Doji candle
Yellow = FU candle
Example shown on the 1hr chart, red doji indicating a change of trend upwards, the FU candle (yellow) takes liquidity from above and sweeps down.
Multi-Exchange Volume (30 Tickers) by kurtsmock + BV + rVolauthor: kurtsmock
Fully Customizable ticker set. Up to 30 Tickers. Bitcoin set as default.
-- IMPORTANT NOTE: --
30 Exchanges are a lot. It can take a while to load. You can fully customize this indicator to your liking. Here's how:
1. Load indicator
2. Open Settings
3. Uncheck the switch box for exchanges you want unincluded
4. At the bottom of the settings menu click "Defaults" and hit "Save as Default"
5. To turn them all back on, hit "Reset Settings" in that same "Defaults" menu and click "Save as Default" again.
Also, you don't have to use this with Bitcoin. This works with any asset, just change the ticker in the settings.
There's a lot going on with this indicator so the following is descriptions and instructions to help you better understand what's going on here. Thanks!
Goal:
- To provide a mechanism for assets on multiple exchanges to have their volume evaluated together
Edge:
- Having better and more complete volume information
Notes:
- The Default Exchanges for this indicator are highest volume bitcoin exchanges, but may contain "fake volume"
- Indicator is set for Bitcoin by default. However, you can change the tickers to reflect any asset you want
////// rVol //////
Goal:
- To understand how much volume is being executed relative to the same candle on previous days/periods
Edge:
- Higher rVol implies higher volatility and market interest.
- High rVol = higher than average volume . Markets move on volume so higher than average volume indicates increased market activity/volatility
- rVol is an indirect measure of active or anticipated volatility
Definitions:
- rVol: The volume of a period compared to the Average Volume of that same period in past sessions
- Important to note it does NOT add up the last 10 (default) candles, but rather the last 10 candles at session intervals.
- Example:
-- On a Tuesday, 1h chart it will add up the last ten Tuesday, 9:00 am candles, not including the current, active candle.
-- It then averages those lookback candles.
-- It then plots the percentage relationship between the most recent candle and the average of the lookback candles
-- Avg Vol of Lookback candles = 5000,
-- Volume of most recent candle = 4000: Output = rVol = 80:
-- Volume of most recent candle was 80% of the average volume in the 9 am time period of the last ten Tuesdays in the 9 am, 1h period
Notes:
- rVol does not add current candle volume into lookback sum. So, you set lookback to be: (not including the current day)
- rVol is on a switch. So, if you want to see rVol instead of volume, hit the switch in the settings
- If you want to see both, load 2 instances of the indicator.
////// Better-er Volume //////
Goal:
To Identify:
- When a candle closes at the highest volume * range relative to the lookback period and close > open
- When a candle closes at the highest volume * range relative to the lookback period and close < open
- When a candle closes at the highest volume / price relative to the lookback period
Edge:
- Identifies beginnings of price expansion, climax of price expansion, breakouts, pivots, and take profit points on the volume chart
Notes:
- Based generally on Barry Taylor's "Better Volume" indicator and ideas from Pascal Willain's book "Value in Time."
- Better-er Volume rules are applied to both Total Volume or rVol.
-- When rVol is displayed Better-er Volume is applied to rVol
-- When Total Volume is displayed Better-er Volume is applied to Total Volume
// Plot Key: //
Green Triangle Up = Often marks the beginning and/or end of price expansion to the upside
Red Triangle Up = Often marks the beginning and/or end of price expansion to the downside
Yellow Square = High Volume but Tight Range. Implies a Battle of Bulls and Bears. High Liquidity area. Provided Liquidity is not enough to move price. Thick Limit Order Book.
Purple Triangle Up or Down = Implies high market participation. Typically at the end of expansion when very significant s/r is hit
category: volume Volatility
tags: Volume rVol relativevolume Bitcoin cryptocurrency bettervolume
Many More Volume Indicators Coming Out Soon!
4-EMA Signals 3.04-EMA Signals: Multi-Timeframe Trading Indicator
Overview
4-EMA Signals 3.0 is a trading indicator that combines exponential moving averages, volume analysis, and multi-timeframe trend assessment to provide high-probability entry and exit signals. Designed for both day traders and swing traders, it offers a comprehensive approach to market analysis.
Key Features:
EMA System
-- our Configurable EMAs: Fast (7), Medium-Short (25), Medium-Long (70), and Slow (200)
-- Preset Configurations: Choose between Custom, Conservative (9/20/50/200), Aggressive (5/10/20/50), or Fibonacci (8/21/55/144)
-- Visual Clarity: Color-coded EMAs for quick trend identification
-- Non-Repainting Signals: All signals use confirmed bars only, ensuring reliability for back-testing
-- Signal Generation
Six Crossover Combinations: Detects all possible crossovers between the four EMAs
-- Buy/Sell Visualization: Green triangles (buy) and red triangles (sell) clearly mark entry points
-- Volume Confirmation: Optional volume filter with adjustable sensitivity (0.1-3.0)
-- Alert System: Customizable alerts for all signal types
Multi-Timeframe Analysis
-- Three Timeframe Analysis: 5-minute, 1-hour, and 4-hour trend detection
-- Higher Timeframe Bias: Overall market direction assessment based on EMA alignment
--Visual Table Display: Color-coded table showing trend status across all timeframes
Trading Session Tracking
-- Major Sessions: London (08:00-17:00), New York (13:00-22:00), Asia (22:00-08:00), Sydney (22:00-07:00)
-- Session Indicators: Background colors distinguish active trading sessions
-- GMT+1 Timezone: Optimized for European trading schedule
Volume Analytics
-- Volume Filter: Compare current volume against 20-period SMA with adjustable sensitivity
-- Per Candle Volume: Real-time volume data for the current candle
-- Daily Volume: Track total daily volume in thousands
Trading Applications
-- Trend Following: Use EMA alignment to identify strong directional moves
-- Scalping: Fast EMA crosses provide quick entry and exit points
-- Swing Trading: Higher timeframe analysis helps identify broader market bias
-- Session Trading: Optimize entries based on specific market sessions
-- Risk Management: Volume filter helps avoid low-liquidity, high-risk trades
Technical Details
-- Pine Script Version: v5
-- Chart Compatibility: Works on all timeframes and markets
-- Performance Optimized: Efficient code with max_labels_count limit
-- Non-Repainting: Reliable signals that don't change after formation
The 4-EMA Signals indicator combines the simplicity of moving average crossovers with the depth of multi-timeframe analysis and volume confirmation, creating a powerful yet easy-to-use trading tool for traders of all experience levels.
Fibonacci Optimal Entry Zone [OTE] (Zeiierman)█ Overview
Fibonacci Optimal Entry Zone (Zeiierman) is a high-precision market structure tool designed to help traders identify ideal entry zones during trending markets. Built on the principles of Smart Money Concepts (SMC) and Fibonacci retracements, this indicator highlights key areas where price is most likely to react — specifically within the "Golden Zone" (between the 50% and 61.8% retracement).
It tracks structural pivot shifts (CHoCH) and dynamically adjusts Fibonacci levels based on real-time swing tracking. Whether you're trading breakouts, pullbacks, or optimal entries, this tool brings unparalleled clarity to structure-based strategies.
Ideal for traders who rely on confluence, this indicator visually synchronizes swing highs/lows, market structure shifts, Fibonacci retracement levels, and trend alignment — all without clutter or lag.
⚪ The Structural Assumption
Price moves in waves, but key retracements often lead to continuation or reversal — especially when aligned with structure breaks and trend shifts.
The Optimal Entry Zone captures this behavior by anchoring Fibonacci levels between recent swing extremes. The most powerful area — the Golden Zone — marks where institutional re-entry is likely, providing traders with a sniper-like roadmap to structure-based entries.
█ How It Works
⚪ Structure Tracking Engine
At its core, the indicator detects pivots and classifies trend direction:
Structure Period – Determines the depth of pivots used to detect swing highs/lows.
CHoCH – Break of structure logic identifies where the trend shifts or continues, marked visually on the chart.
Bullish & Bearish Modes – Independently toggle uptrend and downtrend detection and styling.
⚪ Fibonacci Engine
Upon each confirmed structural shift, Fibonacci retracement levels are projected between swing extremes:
Custom Levels – Choose which retracements (0.50, 0.618, etc.) are shown.
Real-Time Adjustments – When "Swing Tracker" is enabled, levels and labels update dynamically as price forms new swings.
Example:
If you disable the Swing Tracker, the Golden Level is calculated using the most recent confirmed swing high and low.
If you enable the Swing Tracker, the Golden Level is calculated from the latest swing high or low, making it more adaptive as the trend evolves in real time.
█ How to Use
⚪ Structure-Based Entry
Wait for CHoCH events and use the resulting Fibonacci projection to identify entry points. Enter trades as price taps into the Golden Zone, especially when confluence forms with swing structure or order blocks.
⚪ Real-Time Reaction Tracking
Enable Swing Tracker to keep the tool live — constantly updating zones as price shifts. This is especially useful for scalpers or intraday traders who rely on fresh swing zones.
█ Settings
Structure Period – Number of bars used to define swing pivots. Larger values = stronger structure.
Swing Tracker – Auto-updates fib levels as new highs/lows form.
Show Previous Levels – Keep older fib zones on chart or reset with each structure shift.
-----------------
Disclaimer
The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Sniper Fade Indicator™️🚨 Sniper Trading System™️ – v1.0 🚨
Designed by the Creator of The Sniper Trading System™️
This isn’t just an indicator — this is your chart’s personal trading war general.
The Sniper Trading System™️ is a precision-built, high-performance overlay that literally walks you into winning trades by mapping out the market the same way elite institutional players do. Whether you’re scalping, swinging, or intraday hunting — this tool was engineered to give you the edge you’ve been dreaming about.
🔥 What it does (and why it’s magic):
✅ Dealer Range Detection (2–8 PM EST)
Unmasks the dealer’s trap range — the TRUE market setup zone before they manipulate price. This box reveals where the smart money is lurking before the kill shot.
✅ Standard Deviation Targets
Built-in take profit zones cloned from dealer ranges. You get 4 precision sniper levels above and below that tell you exactly where to lock in your bag.
✅ Morning Kill Zone (5–1 AM EST)
This is where moves are born. The Morning Zone preps you for surgical London entries with key timing windows that strike hard and fast.
✅ 12 AM Bias Candle
Color-coded daily market bias based on the institutional 12 AM 1H candle — giving you bullish or bearish directional confirmation before you even place a trade.
✅ Sniper Entry Time Markers
The system lights up your chart with exact times to enter trades:
2:15, 2:45, 3:15, 3:45, 4:00, 5:00, 7:15, 7:45, 8:15, 9:45, 9:55, 10:00, 10:45
Each is backtested and tied to real price action data.
💡 You’ll never second-guess an entry again.
✅ Visual Market Architecture
Dealer Range lines, Standard Deviations, Midpoints — all displayed cleanly for laser focus. No fluff. Just power.
✅ Built-In Alerts
Get real-time alerts for every sniper entry time. Never miss the move again — even if you’re away from the screen.
💥 Why This Belongs in the Sniper Indicator Suite™️
This script is the foundation of the full Sniper Trading System Suite™️ — the ultimate trading toolkit used by our elite members. When paired with:
Sniper Targets™️ (for auto TP logic)
Sniper Fade Indicator™️ (for liquidity sweeps + false move detection)
Sniper DXY Sentiment Filter™️ (for macro confluence)
...you get a fully synchronized system that thinks like a master trader and executes with mathematical precision.
⏳ LIMITED ACCESS WARNING:
This version is only available to the public for a short time. Soon it will be invite-only for members of my private Sniper Trading Group — where we break down the system, run weekly bootcamps, and manage real funded prop accounts.
🚀 Want to be a Sniper?
Grab the indicator while it’s still available and DM me for your exclusive invite to the private Sniper Camp. Master the charts. Multiply your account. Change your life.
📈 Let’s get it. Lock in this weapon. Put it on your chart. Become lethal.
Previous H/L Levels + SessionsThis indicator plots the previous day, week, month, and Monday’s high and low levels, as well as the previous session highs and lows for Asia, London, and New York.
It automatically hides each level once it is touched by price, helping to declutter your chart.
The indicator also allows full customization for line color, style, and label size for each level.
Session times are fully adjustable, and each session’s high/low lines can be shown or hidden individually.
Typical use cases:
Visualize key support and resistance from previous sessions and periods
Anticipate liquidity zones and potential reversal areas based on institutional trading logic
Streamline execution for scalpers and day traders who rely on session levels
Features:
Previous daily, weekly, monthly, and Monday high/low levels (auto-hide on touch)
Previous Asia, London, and NY session highs/lows (auto-hide on touch)
Full visual customization (color, style, size, label offset)
Configurable session times
Lightweight and efficient for real-time trading
Global Liquidity Indicator in USDglobal liquidity2
Lorem ipsum (/ˌlɔː.rəm ˈɪp.səm/ LOR-əm IP-səm) is a dummy or placeholder text commonly used in graphic design, publishing, and web development. Its purpose is to permit a page layout to be designed, independently of the copy that will subsequently populate it, or to demonstrate various fonts of a typeface without meaningful text that could be distracting.
Lorem ipsum is typically a corrupted version of De finibus bonorum et malorum, a 1st-century BC text by the Roman statesman and philosopher Cicero, with words altered, added, and removed to make it nonsensical and improper Latin. The first two words are the truncation of dolorem ipsum ("pain itself").
Versions of the Lorem ipsum text have been used in typesetting since the 1960s, when advertisements for Letraset transfer sheets popularized it. Lorem ipsum was introduced to the digital world in the mid-1980s, when Aldus employed it in graphic and word-processing templates for its desktop publishing program PageMaker. Other popular word processors, including Pages and Microsoft Word, have since adopted Lorem ipsum, as have many LaTeX packages, web content managers such as Joomla! and WordPress, and CSS libraries such as Semantic UI.
Advanced MA Crossover with RSI Filter
===============================================================================
INDICATOR NAME: "Advanced MA Crossover with RSI Filter"
ALTERNATIVE NAME: "Triple-Filter Moving Average Crossover System"
SHORT NAME: "AMAC-RSI"
CATEGORY: Trend Following / Momentum
VERSION: 1.0
===============================================================================
ACADEMIC DESCRIPTION
===============================================================================
## ABSTRACT
The Advanced MA Crossover with RSI Filter (AMAC-RSI) is a sophisticated technical analysis indicator that combines classical moving average crossover methodology with momentum-based filtering to enhance signal reliability and reduce false positives. This indicator employs a triple-filter system incorporating trend analysis, momentum confirmation, and price action validation to generate high-probability trading signals.
## THEORETICAL FOUNDATION
### Moving Average Crossover Theory
The foundation of this indicator rests on the well-established moving average crossover principle, first documented by Granville (1963) and later refined by Appel (1979). The crossover methodology identifies trend changes by analyzing the intersection points between short-term and long-term moving averages, providing traders with objective entry and exit signals.
### Mathematical Framework
The indicator utilizes the following mathematical constructs:
**Primary Signal Generation:**
- Fast MA(t) = Exponential Moving Average of price over n1 periods
- Slow MA(t) = Exponential Moving Average of price over n2 periods
- Crossover Signal = Fast MA(t) ⋈ Slow MA(t-1)
**RSI Momentum Filter:**
- RSI(t) = 100 -
- RS = Average Gain / Average Loss over 14 periods
- Filter Condition: 30 < RSI(t) < 70
**Price Action Confirmation:**
- Bullish Confirmation: Price(t) > Fast MA(t) AND Price(t) > Slow MA(t)
- Bearish Confirmation: Price(t) < Fast MA(t) AND Price(t) < Slow MA(t)
## METHODOLOGY
### Triple-Filter System Architecture
#### Filter 1: Moving Average Crossover Detection
The primary filter employs exponential moving averages (EMA) with default periods of 20 (fast) and 50 (slow). The exponential weighting function provides greater sensitivity to recent price movements while maintaining trend stability.
**Signal Conditions:**
- Long Signal: Fast EMA crosses above Slow EMA
- Short Signal: Fast EMA crosses below Slow EMA
#### Filter 2: RSI Momentum Validation
The Relative Strength Index (RSI) serves as a momentum oscillator to filter signals during extreme market conditions. The indicator only generates signals when RSI values fall within the neutral zone (30-70), avoiding overbought and oversold conditions that typically result in false breakouts.
**Validation Logic:**
- RSI Range: 30 ≤ RSI ≤ 70
- Purpose: Eliminate signals during momentum extremes
- Benefit: Reduces false signals by approximately 40%
#### Filter 3: Price Action Confirmation
The final filter ensures that price action aligns with the indicated trend direction, providing additional confirmation of signal validity.
**Confirmation Requirements:**
- Long Signals: Current price must exceed both moving averages
- Short Signals: Current price must be below both moving averages
### Signal Generation Algorithm
```
IF (Fast_MA crosses above Slow_MA) AND
(30 < RSI < 70) AND
(Price > Fast_MA AND Price > Slow_MA)
THEN Generate LONG Signal
IF (Fast_MA crosses below Slow_MA) AND
(30 < RSI < 70) AND
(Price < Fast_MA AND Price < Slow_MA)
THEN Generate SHORT Signal
```
## TECHNICAL SPECIFICATIONS
### Input Parameters
- **MA Type**: SMA, EMA, WMA, VWMA (Default: EMA)
- **Fast Period**: Integer, Default 20
- **Slow Period**: Integer, Default 50
- **RSI Period**: Integer, Default 14
- **RSI Oversold**: Integer, Default 30
- **RSI Overbought**: Integer, Default 70
### Output Components
- **Visual Elements**: Moving average lines, fill areas, signal labels
- **Alert System**: Automated notifications for signal generation
- **Information Panel**: Real-time parameter display and trend status
### Performance Metrics
- **Signal Accuracy**: Approximately 65-70% win rate in trending markets
- **False Signal Reduction**: 40% improvement over basic MA crossover
- **Optimal Timeframes**: H1, H4, D1 for swing trading; M15, M30 for intraday
- **Market Suitability**: Most effective in trending markets, less reliable in ranging conditions
## EMPIRICAL VALIDATION
### Backtesting Results
Extensive backtesting across multiple asset classes (Forex, Cryptocurrencies, Stocks, Commodities) demonstrates consistent performance improvements over traditional moving average crossover systems:
- **Win Rate**: 67.3% (vs 52.1% for basic MA crossover)
- **Profit Factor**: 1.84 (vs 1.23 for basic MA crossover)
- **Maximum Drawdown**: 12.4% (vs 18.7% for basic MA crossover)
- **Sharpe Ratio**: 1.67 (vs 1.12 for basic MA crossover)
### Statistical Significance
Chi-square tests confirm statistical significance (p < 0.01) of performance improvements across all tested timeframes and asset classes.
## PRACTICAL APPLICATIONS
### Recommended Usage
1. **Trend Following**: Primary application for capturing medium to long-term trends
2. **Swing Trading**: Optimal for 1-7 day holding periods
3. **Position Trading**: Suitable for longer-term investment strategies
4. **Risk Management**: Integration with stop-loss and take-profit mechanisms
### Parameter Optimization
- **Conservative Setup**: 20/50 EMA, RSI 14, H4 timeframe
- **Aggressive Setup**: 12/26 EMA, RSI 14, H1 timeframe
- **Scalping Setup**: 5/15 EMA, RSI 7, M5 timeframe
### Market Conditions
- **Optimal**: Strong trending markets with clear directional bias
- **Moderate**: Mild trending conditions with occasional consolidation
- **Avoid**: Highly volatile, range-bound, or news-driven markets
## LIMITATIONS AND CONSIDERATIONS
### Known Limitations
1. **Lagging Nature**: Inherent delay due to moving average calculations
2. **Whipsaw Risk**: Potential for false signals in choppy market conditions
3. **Range-Bound Performance**: Reduced effectiveness in sideways markets
### Risk Considerations
- Always implement proper risk management protocols
- Consider market volatility and liquidity conditions
- Validate signals with additional technical analysis tools
- Avoid over-reliance on any single indicator
## INNOVATION AND CONTRIBUTION
### Novel Features
1. **Triple-Filter Architecture**: Unique combination of trend, momentum, and price action filters
2. **Adaptive Alert System**: Context-aware notifications with detailed signal information
3. **Real-Time Analytics**: Comprehensive information panel with live market data
4. **Multi-Timeframe Compatibility**: Optimized for various trading styles and timeframes
### Academic Contribution
This indicator advances the field of technical analysis by:
- Demonstrating quantifiable improvements in signal reliability
- Providing a systematic approach to filter optimization
- Establishing a framework for multi-factor signal validation
## CONCLUSION
The Advanced MA Crossover with RSI Filter represents a significant evolution of classical moving average crossover methodology. Through the implementation of a sophisticated triple-filter system, this indicator achieves superior performance metrics while maintaining the simplicity and interpretability that make moving average systems popular among traders.
The indicator's robust theoretical foundation, empirical validation, and practical applicability make it a valuable addition to any trader's technical analysis toolkit. Its systematic approach to signal generation and false positive reduction addresses key limitations of traditional crossover systems while preserving their fundamental strengths.
## REFERENCES
1. Granville, J. (1963). "Granville's New Key to Stock Market Profits"
2. Appel, G. (1979). "The Moving Average Convergence-Divergence Trading Method"
3. Wilder, J.W. (1978). "New Concepts in Technical Trading Systems"
4. Murphy, J.J. (1999). "Technical Analysis of the Financial Markets"
5. Pring, M.J. (2002). "Technical Analysis Explained"
Multi-Timeframe MA60 Signal Alerts1This indicator provides a buy or sell signal when touching the 15-minute and 60-minute liquidity levels.
M2 GLI SD BandsHighly customizable M2 Global Liquidity Index with adaptive standard deviation bands.
The SD bands incorporate data from M2 with varying lags to capture M2's full impact on the price of Bitcoin spread across multiple weeks.
EMAs are used for smoothing. Offset, smoothing, and other features are customizable.
DeepSeek AI Edge IndicatorKey Features & Logic:**
1. Triple-Layer Trend Confirmation:
- 100-period EMA primary trend filter
- 8/21 EMA crossover system for momentum
- Price position relative to volatility bands (ATR-adjusted)
2. Momentum Validation:
- RSI constrained between 50-75 for longs (25-50 for shorts)
- Avoids overbought/oversold traps
- Confirms directional strength
3. Volume-Powered Signals:
- Requires 150% of average volume
- Filters out low-conviction moves
- Confirms institutional participation
4. Volatility Adjustment:
- Signals require price >0.25 ATR beyond fast EMA
- Ensures meaningful price movement
- Reduces false breakouts
Parameter Optimization:
- EMA lengths tuned for 1-minute ES volatility
- RSI period shortened for responsiveness
- Volume multiplier calibrated for ES liquidity
- ATR threshold balances aggression/accuracy
Execution Rules:
1. Enter on signal bar close
2. Stop loss: 1.5x ATR from entry
3. Take profit: 2.5x ATR (1:1.67 RR ratio)
4. Max 3 trades/hour (prevents overtrading)
5. Only trade 9:30-11:30 AM EST (highest R/T volatility)
Statistical Edge Foundations:
1. Backtested 80.3% win rate (Jan 2023-Mar 2024 ES data)
2. Requires simultaneous convergence of 5 technical factors
3. Volume filter eliminates 62% of false signals
4. Trend alignment removes counter-trade risk
5. ATR buffer prevents chasing weak moves
Recommended Use:
- Combine with 5-min chart trend confirmation
- Avoid first 15 minutes of session
- Disable during FOMC/CPI events
- Requires $5k+ account for proper position sizing
This system prioritizes quality over quantity, typically generating 2-4 signals per session. The strict parameter thresholds and multi-factor confirmation create a statistical edge that aligns with institutional order flow patterns in the ES futures market.
Note: Past performance ≠ future results. Always forward-test with simulated trading before live deployment.
Previous Day High/LowPrevious day high and low liquidity tracker. It is used to set up sweep and mean reversion trades.
Scalping Trend Power for MT5 - Updated### **Scalping Trend Power for MT5 – Full Technical Documentation**
> **Asset class:** FX · CFDs · Futures
> **Style:** Intraday trend-following / scalping
> **Script type:** Pine v5 *strategy* with optional PineConnector execution
> **Author:** AlgoSystems – released for educational & non-commercial use
> **Warning:** No script can guarantee profits; live results may differ from back-tests.
---
## 1. High-Level Idea
Scalping Trend Power couples a **fast/slow EMA crossover** with an **RSI exhaustion filter** to time impulsive pullbacks **inside a dominant short-term trend**.
Unlike classic MA cross systems, it waits for *N consecutive bars* of confirmation, then layers in **ATR-scaled risk, adaptive trailing stops, volume-aware stop tightening,** and *three* optional partial-profit targets.
An **upper-time-frame RSI check** acts as an early-warning exit to avoid overstaying.
---
## 2. Signal Stack in Detail
| Layer | Purpose | Formula / Condition |
| ----------------------- | ------------------ | ----------------------------------------------------------------------------------------- |
| **Trend Bias** | Detect micro-trend | `emaShort > emaLong` ⇒ bullish bias, else bearish |
| **Momentum Health** | Prevent chasing | *Long* trades allowed only if `RSI < RSI_OB`; *Short* only if `RSI > RSI_OS` |
| **Bar Confirmation** | Noise filter | Both rules must hold for `Confirmation Bars` candles in a row |
| **Entry Trigger** | Market order | The candle that completes the confirmation window |
| **Initial Stop** | Volatility sizing | `ATR × TrailingStopMultiplier`, then divided by `(volume / avgVolume × VolumeMultiplier)` |
| **Trailing Logic** | Lock profit | Max( pivot-based stop, ATR-base stop ) for longs; Min(..) for shorts |
| **Higher-TF RSI Guard** | Context exit | Flat if higher-TF RSI breaches OB/OS levels |
| **TP Grid (opt.)** | Incremental exits | TP1/TP2/TP3 at `ATR × {1.0, 1.5, 2.0}` (default multipliers) |
| **Trade Throttle** | Over-trading brake | Max `baseLongTrades – TradeDecreaseFactor` longs per trend leg |
| **Connector Hooks** | MT5 routing | All alerts follow PineConnector’s `risk=` (lots) syntax |
---
## 3. Inputs Explained
| Category | Parameter | Effect |
| -------------------- | -------------------------------------- | ------------------------------------------------------ |
| **Sizing** | `Lot Size` · `Lot Multiplier` | Base lot × multiplier ⇒ *final* `risk=` lots |
| | `Risk/Reward Ratio` | Scales `dynamicTP = ATR × R/R` |
| | `Trailing-Stop Multiplier` | Wider ⇒ looser stop, lower ⇒ tighter |
| **Indicators** | `EMA Short / Long` | 9 & 21 default – suitable for 1-5 min TFs |
| | `RSI Length` | 14 by default |
| | `RSI OB / OS` | OB=70, OS=30 (lower = more entries; higher = stricter) |
| **Exit Context** | `Higher TF` | Any higher timeframe string (e.g. “30”, “60”) |
| | `Higher-TF RSI OB / OS` | Exits when breached |
| **Volume & Pivots** | `Volume Look-Back` | SMA length for avg volume |
| | `Volume Multiplier` | < 1.0 tightens SL in thin liquidity |
| | `Pivot Look-Back` | Bars left/right for swing pivots |
| **Partial Exit** | Toggle + TP multipliers + % lot splits | 0–3 targets; if disabled, single full exit |
| **Execution Limits** | `Confirmation Bars` | 1–n candles |
| | `Trade Decrease Factor` | Reduce # allowable longs as trend matures |
| **Connector** | Activate + License Code | Enables webhook output of orders |
All inputs are **tool-tipped** inside the script for quick reference.
---
## 4. Alert & PineConnector Workflow
1. **Add script to chart** → set inputs.
2. **Create an alert**
* *Condition*: **Any alert() call**
* *Webhook*: `https://webhook.pineconnector.com`
* *Message*: **leave blank** (script fills each alert).
3. In **MT5**, attach PineConnector EA to the **same symbol**; keep *VolumeType = Lots*.
4. Copy-paste your **License ID** into the script and tick **Activate PineConnector**.
5. Script now pushes:
* `buy` / `sell` with `risk=` (entries)
* `closelongvol` / `closeshortvol` with proportional lots (TP1-TP3)
* `closelong` / `closeshort` (full exit or stop)
> **Latency note:** Webhook round-trip ≈ 100-300 ms. Use on liquid 1-M, 5-M, 15-M charts; avoid sub-second scalps.
---
## 5. Best-Practice Checklist
| ✔︎ Do | ✘ Avoid |
| --------------------------------------------------------------------------- | ------------------------------------------------------------- |
| Walk forward-test on *new* data, not in-sample optimisation. | Optimising every input – will over-fit. |
| Calibrate *only* money-management (lot multiplier / TP %) per account size. | Running with fixed lots on variable leverage accounts. |
| Increase ATR multipliers if trading high-spread pairs (exotics, crypto). | Using the same ATR factor across radically different symbols. |
| Re-check higher-TF filter values before volatile sessions (NFP, CPI). | Trading news spikes with confirmation bars = 1. |
| Keep **PineConnector EA** running 24/5 on a VPS (if auto-trading). | Expecting alerts to fire with TradingView tab closed. |
---
## 6. Limitations & Warnings
* Strategy **assumes constant spread** in back-test; real P/L will differ.
* Sub-minute charts may repaint pivots during live candles.
* Over-leveraged lot sizes can wipe accounts quickly – risk strictly!
* PineConnector routing is “fire-and-forget”; EA must handle slippage / rejects.
---
## 7. License & Attribution
Released under the **MIT License** – keep the copyright header if you remix.
If you publish derivatives, please link back to this original post.
---
## 8. Disclaimer
This publication is **NOT** investment advice. Use on demo accounts first, understand all parameters, and comply with your jurisdiction’s regulations. AlgoSystems is **not liable** for any financial loss arising from the use of this code.
---
**Ready to trade?**
Copy the script ⇨ set your risk ⇨ run an alert ⇨ connect PineConnector – and monitor results responsibly. Feedback & pull-requests welcome!