WaveTrend with Crosses [LazyBear]LazyBear's wavetrend oscillator enhanced with wavetrend cross visualization on the indicator as well as with bar color highlights.
在腳本中搜尋"momentum"
Indicator: ElliotWave Oscillator [EWO]This oscillator has to be used in conjunction with other EW tools (certainly cannot be the main indicator).
EWO has:
- Higher values during third waves' up
- Lower but still Positive values during the first and fifth waves up
- Negative values during the biggest corrections or downtrend impulse waves.
Personally, I am still trying to figure out EW, so do not use this. Just wanted to publish this for the EW masters out there who can put this to good use.
Appreciate any comments/feedback.
Indicator: Chande's QStick IndicatorQStick from Tushar Chande (more info => www.investopedia.com)
This numerically identify trends in candlestick charting. It is calculated by taking an 'n' period moving average of the difference between the open and closing prices. A Qstick value greater than zero means that the majority of the last 'n' periods have been up, indicating that buying pressure has been increasing
I added more markings to clearly highlight the divergences (marked them in the chart above).
Appreciate any comments/feedback.
4H Golden Cross - The Sign of GloryCalculates the golden cross on the 4-hour timeframe
Displays the result on any timeframe
Draws a green vertical beam (a vertical line or background stripe) on the bar where the golden cross happened, so it’s clearly visible regardless of your chart timeframe
This is used to see the effectiveness of the 4h golden cross without having to change timeframes continually
Newzage - Fed Net LiquidityThe Fed Net Liquidity indicator is a concept discovered by Max Anderson to calculate the fair value of SPX (S&P 500 Index).
The formula he shared on Twitter uses the Fed Balance Sheet, TGA (Treasury General Account), and Reverse Repo.
Net Liquidity = Fed Balance Sheet - (TGA + Reverse Repo)
The data for each component above is accessible on the FRED website.
Fed Balance Sheet fred.stlouisfed.org
Treasury General Account (TGA) fred.stlouisfed.org
Reverse Repo fred.stlouisfed.org
This script uses net liquidity (NL) fair value calculation for SPX, then estimates entry and next target exit target for both long and short trades on SPY.
The script added RSI oversold/overbought signal to the original NL signal from Max... improving the "precision" of the buy/sell signals.
The script also uses RSI to estimate targets based on how overbought or oversold the index/SPY is.
MomentumBreak#1//condicion de compra: k>80
buycondition=crossover(k,oversold)
calculo de tamaño de la posicion segun el ultimo low dentro de lo n periodos anteriores, tambien usado como stop
salida por trailing stop
DT Dual-Lookback DLBThis script is based on the concept of Robert Miner Book "High Probabilities Strategies"
This script shows at the same time two timeframes and the overlapping area.
The green and red area shows the higher time frame period just as Robert Miner did this in his videos.
Because Robert Miner just says: 8.. 13.. 21.. i used this also as type for the setup.
This is not a complete trading strategy, but if fibonacci retracement/extensions in price and time and
elliot waves position and DT Dual-Lookback comed together there is a perhaps a signal.
Please read his book and look at his website and his DT reports to learn more about his strategy.
Heikin-Ashi Strategy + backtest rangeThis is Heikin-Ashi Strategy + Backtest range that I think useful for BTCUSD pair.
Pay Attention CandleThis is an attempt to detect the so called Pay Attention Candles from RexDog Trading System (RDTS). (They are not clearly defined by any specific set in stone rule, so this is just my interpretation)
You can turn on and off the bar highlight/triangles if chart gets too busy and you want only one of the indication types.
The way this is defined as evident in the code is - it looks at the candle size (without the wicks!!! only open to close) to decide whether it is larger than ATR mutlipied by a multiplier (1.5 by default here - you can adjust)
ATR period can also be adjusted but it's set to 9 by default.
Enjoy.
Ultra Money FlowIntroduction
The Ultra Money Flow script is a technical indicator for analyzing stock trends. It highlights buying and selling power, helping you identify bullish (rising) or bearish (falling) market trends.
Detailed Description
The Ultra Money Flow script calculates and visually displays two main components: Fast and Slow money flow. These components represent short-term and long-term trends, respectively.
Here's how it works:
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Inputs
You can adjust the speed of analysis (Fast Length and Slow Length) and the type of smoothing applied (e.g., Simple Moving Average, Exponential Moving Average).
Choose colors for visualizing the trends, with blue for bullish (positive) and orange for bearish (negative) movements.
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Money Flow Calculation
The script analyzes price changes (delta) over specified periods.
It separates upward price movements (buying power) from downward ones (selling power).
It then calculates the difference between these powers for both Fast and Slow components.
The types of smoothing methods range from traditional ones like the Simple Moving Average (SMA) to advanced ones like the Double Expotential Moving Average (DEMA) or the Triple Exponential Moving Average (TEMA) or the Recursive Moving Average (RMA) or the Weigthend Moving Average (WMA) or the Volume Weigthend Moving Average (VWMA) or Hull Moving Average (HMA).
Very Special ones are the Triple Weigthend Moving Average (TWMA) wich created RedKTrader .
I created the Multi Weigthend Moving Average (MWMA) wich is a simple signal line to the TWMA.
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Divergence
This indicator can show divergence by comparing the direction of price movements with the indicator value.
If the price and the indicator move in opposite directions, you can use these signals to help decide when to buy or sell.
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Auto Scaling
The script adjusts its calculations based on the time frame you are viewing, whether it's minutes, hours, or days, ensuring accurate representation across different time scales.
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Plotting
The script plots the Fast component as a histogram and the Slow component as a line, using the chosen colors to indicate bullish or bearish trends.
The thickness and transparency of these plots give additional clues about the strength of the trend.
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By using this indicator, traders can easily spot shifts in buying and selling power, allowing for better-informed decisions in the market.
Special Thanks
I use the TWMA-Function created from RedKTrader to smooth the values.
Special thanks to him for creating and sharing this function!
PPO Divergence AlertsThis is a pretty straightforward script that adds alerts to Pekipek's excellent PPO Divergence indicator and changes the visuals a bit. You can have the alerts fire on these events:
Purple Circle (bullish signal)
Orange Circle (bearish signal)
Green Dot (High Point)
Red Dot (Low Point)
I use this on daily Forex charts to get alerts when purple or orange dots show. As you can see, it catches a lot of big moves, some of which can give insane returns if you're 200x leveraged on the likes of 1Broker.com. In regards to reducing false signals, I'm getting good results with a Williams %R but would love to hear any suggestions.
Edit: Oops. Box #6 in the example should be yellow, not purple.
Koalafied RSI Decision PointsMomentum conditions as detailed in RSI : The Complete Guide by John Hayden
Decision points are conditions based on changes of these rsi values. Pauses in an uptrend, exiting high momentum values, breakouts and failures.
Touch up to an old script and so I thought I'd release. Although most people treat RSI as a reversion tool it is really a momentum indicator. Hopefully this script sparks thoughts about use-cases.
2:1 momentum is associated with RSI values of 66.67 and 33.33 respectfully. In an Uptrend an RSI value of 40 should not be broken and in a downtrend
a RSI value of 60 should not be exceeded. If so, then there is buying/selling pressure in the opposite direction (but not necessarily enough for a trend reversal).
Alternatively it may show the presence of HTF traders.
4:1 momentum (RSI values of 80/20) can be associated with extreme market conditions, typically thought of as being Overbought or Oversold.
Traders Dynamic Index(RSI) w/ Bull&Bear Control ZonesMomentum (RSI) is one of the most commonly used indicators for trading, but the vast majority of traders who use it, simply apply it as an oscillator to measure overbought and oversold conditions. However, momentum is much more complex than that and using a basic RSI fails to highlight these complexities.
What this highlights are some of the areas/zones that many people may not even know about or are unaware what the RSI can actually reveal about a particular trend.
What this indicator is showing:
Fast moving RSI (Green) - 1 period
Slow moving RSI (Red) - 9 period
Bollinger Bands
Relative Strength: 1 - 100
Bearish Control Zone: 30(Below) - 45
Bullish Control Zone: 60 - 70 (Above)
How this identifies trends:
Bear Market(Bearish Control Zone):
-Support: 20(Below) - 30
-Resistance: 55 - 65
-Momentum will test resistance but will fail to hold support at 50
Bull Market(Bullish Control Zone):
-Support: 45 - 50
-Resistance: 80 - 90(Above)
-Momentum will test support but will not continue past the 45 support
How this identifies reversals:
If a market is bullish, but loses support at 45 and tests 30, it has begun reversal. If a market is bearish, but breaks 60 and tests 70, it has begun reversal.
-A bull market reversal is confirmed if it finds resistance at 60 after testing bearish support
-A bear market reversal is confirmed if it finds support at 50 after testing bullish resistance
Slow & Fast RSI w/ Boll Bands:
-The Slow and Fast RSI crossovers will act as Intermediate trends within the Macro trend - Fast crosses slow, bullish. Slow cross fast, bearish.
-Use in confluence with the Macro trend.
-While under Bearish Control, the Slow RSI will act as resistance for the Fast RSI.
-While under Bullish Control, the Slow RSI will act as support for the Fast RSI.
-The two will have an impulsive crossover when the Macro trend reverses.
-The Bollinger Bands will act as a volatility gauge for potential approaching tests of Support & Resistances. (Expansions & Contractions)
This is an analog of TDIGM (GoldMinds)
-Added Bullish/Bearish Control Zones.
-Changed Fast RSI to Green and Slow RSI to Red.
RSI+SMI-WavesIndicator Description: RSI+SMI-Waves
RSI+SMI-Waves is not just a simple (mashup) of indicators — it's an advanced technical analysis tool, designed for traders who seek deeper and more precise insights, going beyond the traditional.
Pro Tip: To get the most out of this indicator and achieve a cleaner view, disable the price scale labels and line status values. You can also turn off the input values from the status line. This significantly improves visual clarity, making both SMI and RSI easier to read, without clutter.
This indicator combines two powerful oscillators — the Stochastic RSI and the SMI Ergodic — working in perfect harmony, like parts of a coordinated body: the RSI acts as the arm initiating movement, while the SMI is the head that validates and confirms the signal. This synergy avoids blind spots in market interpretation, making each slope or crossover meaningful for attentive traders.
The main advantage lies in the application of smoothed moving averages to all lines simultaneously. This reduces noise, reinforces real trends, and decreases the likelihood of false signals.
Indicator Structure
SMI Lines:
Purple: Long-period SMI (20)
Green: Short-period SMI (5)
Red: SMI signal line (also short period 5)
Stochastic RSI Lines:
Light Blue: RSI %K (base period 14, smoothed with 3 and 3)
Orange: RSI %D (signal line, same smoothing 3 and 3)
Levels and Zones
Dashed horizontal lines mark overbought and oversold zones for both RSI and SMI.
These zones are fully adjustable to suit the trader’s personal strategy or preferences.
How to Use
SMI vs RSI Crossovers: When the short-period SMI crosses above the RSI, it signals a bullish trend. When it crosses below, it indicates a bearish trend.
Moving Average Alignment: If all lines slope in the same direction, it confirms a stronger and more reliable signal.
Extreme Zones: Overbought/oversold levels are useful to anticipate possible trend reversals.
Dynamic Configuration: The trader can select the moving average type (EMA, HMA, JMA, etc.) and customize periods according to their strategy.
Liquidity Fracture DetectorThe Liquidity Fracture Detector is an advanced tool designed to identify micro-liquidity traps and structural fakeouts on intraday charts. These occur when the market appears to break out, only to quickly reverse — often triggered by stop hunts, inefficient fills, or manipulated order flow.
The script combines volume spikes, volatility anomalies, and price structure breaks to signal "fractures" — points where the market temporarily breaks its behavior, often followed by strong reversals or trend accelerations.
Detection logic in the script:
Volume spike greater than 2x the average (adjustable)
Volatility spike: candle range is > 1.5x the average
Extreme wicks: wick is larger than the candle body (a classic trap signal)
Structure break: price breaks previous high/low but closes back within the old range
Combine these elements → a “fracture” is marked
Visual representation:
Red background = potential bull trap (fake breakout to the upside)
Green background = potential bear trap (fake breakdown to the downside)
A label appears at each fracture: “Echo” with the number of previous hits
Ideal use cases:
Intraday trading (1m, 5m, 15m)
Crypto, indices, futures, and forex
Detecting reactive zones where the market takes a false direction
Confluence with S/R zones, order blocks, or liquidity pools
Fully customizable:
Volume and range sensitivity
Heatmap intensity
Toggle labels on/off
Note:
This script is intended to support discretionary analysis. It does not provide buy or sell signals and is not an automated strategy. Combine it with your own price action or order flow setup for optimal results.
Momentum SwingDescription:
This indicator detects structural breakouts triggered by a single engulfing candle that decisively breaks out of a range formed by previous candles.
📦 Key Features:
Detects breakouts from a lateral range defined by N previous candles
Identifies only clean breakouts using a single engulfing candle (optional: body-only breakout)
Visually highlights the broken range with a rectangle
Displays directional arrows when a breakout occurs (long or short)
Fully customizable settings
🛠 Custom Inputs:
Number of candles used to define the range
Option to require the breakout to occur with the candle’s body only
Option to show or hide the breakout rectangle
📈 Perfect for traders looking to identify strong breakouts after consolidation phases.
