All for ONEĐây là đoạn code hỗ trợ nhận diện cấu trúc giá, dòng tiền chủ động, phân kỳ về KLGD v.v...
Đoạn code hoạt động dựa trên chỉ báo ATR và cho phép xác lập cũng như gửi thông báo qua app tradingview để trader có thể kịp thời có mặt trên đồ thị mỗi khi có các thay đổi lớn xuất hiện.
Tôi có thể sẽ update code trong tương lai khi có thêm các ý tưởng mới.
Chúc các bạn trading vui vẻ.
趨勢分析
Supertrend + RSI Strategy [Prolabs]The SuperTrend + RSI Indicator combines two powerful technical analysis tools to help traders identify trends and momentum with greater accuracy.
ABHI_IOTA Chandelier Exit with EMAS 1-10It uses the basic CE algorithm
It includes EMA 10
It includes EMA 20
With configuration parameters
With custom alerts
RSI & Williams %R StrategyRSI 14 is calculated using the default rsi formula.
RSI's Moving Average is calculated using a simple moving average (default length is 7 but adjustable).
Williams %R is calculated over the specified length (default is 14).
Buy Signal:
RSI crosses above its moving average.
Williams %R crosses above the -80 level.
Sell Signal:
RSI crosses below its moving average.
Williams %R crosses below the -20 level.
Visual Indicators:
Green upward labels for buy signals.
Red downward labels for sell signals.
Williams %R and RSI are plotted for better visualization with threshold levels.
Jay Stock Trends
This indicator aids in identifying potential trend starts, continuations and endings by combining moving averages with trend lines.
Its unique trend curves also assist in pinpointing key support and resistance levels for the price.
Multi-timeframe plots provide valuable insights by displaying short-term and long-term trends on the same chart, making it suitable for both intraday and swing trading analysis.
How to read multi-timeframe charts?
The first timeframe, such as daily, is represented by a red EMA8 line (labeled DE) and a corresponding thin trend line (labeled DT). The second timeframe, such as weekly, uses a green EMA8 line (labeled WE) and a medium trend line (labeled WT). The third timeframe, such as monthly, is depicted with a blue EMA8 line (labeled ME) and a thick trend line (labeled MT).
As the timeframe increases, the true range increases and hence trend curve thickness increases.
Trends for lower timeframes are not plotted on daily or higher charts.
How EMA and Trend Line Work Together?
In the BTC daily chart screenshot below, trend initiation is highlighted with a green circle, trend continuation is marked by arrows, and trend completion is indicated with a red circle. A total of six trends are identified on the chart.
When the EMA crosses above the trend line, it signals the start of a trend, while a cross below the trend line marks its end. The period between the trend start and end represents trend continuation.
How Trend Lines Serve as Support or Resistance?
In the BTC daily chart screenshot below, the weekly green trend line serves as support when the price declines toward it, while the red trend line acts as resistance when the price rises from below.
Green circles on the chart highlight instances where the weekly trend provided support, while red circles indicate points where the weekly trend acted as resistance.
How Multi-Timeframe Trends Assist in Stock Analysis?
In the BTC daily chart screenshot below, the monthly trend is rising, and the weekly trend is also moving upward, indicating a favorable outlook for both long-term (monthly) and medium-term (weekly) trends. However, the daily chart suggests a more cautious approach, signaling a period to sit out
Inputs and customization:
This combination of ema and trend plots will be plotted for 4 different time frames all at once. Which 4 timeframes can be chosen in the settings.
How Trend Line and EMA Calculated?
The Trend line is calculated using an arithmetic equation based on the last 8 data points, which are themselves a combination of weighted moving averages of varying lengths. A 14-period true range of the price is calculated and plotted as a buffer zone around the trend lines.
Trend curves appear green when the price is above the trend line and red when it is below. Trend lines are labeled using the timeframe followed by 'T' (e.g., DT, WT, MT).
The EMA represents the weighted moving average of the most recent eight candles and is labeled with the timeframe followed by 'E' (e.g., DE, WE, ME).
Caution: This indicator is for educational or study purposes only, helping traders analyze the movement of both the EMA and trend lines across multiple price swings over an extended period across multi timeframe to gain proficiency at spotting trends.
Kamal 5 Tick Trading SetupKamal 5 Tick Trading Setup
The "Kamal 5 Tick Trading Setup" is a custom indicator designed by Kamal Preet Singh Trader for TradingView to identify potential Buy and Sell signals on daily forex charts. This indicator helps traders make informed decisions based on the price action of the previous five daily candles.
Indicator Logic:
Buy Signal: A Buy signal is generated when the closing price of the current candle exceeds the highest high of the previous five daily candles.
Sell Signal: A Sell signal is generated when the closing price of the current candle falls below the lowest low of the previous five daily candles.
Features:
Lookback Period: The indicator uses a lookback period of five candles to determine the highest high and lowest low.
Visual Signals: Buy signals are plotted as green "BUY" labels below the candles, while Sell signals are plotted as red "SELL" labels above the candles.
Debugging Plots: The highest high and lowest low of the previous five candles are plotted as blue and orange lines, respectively, to help verify the conditions for Buy and Sell signals.
Non-Repetitive Signals: The indicator ensures that once a Buy signal is given, no further Buy signals are generated until a Sell signal is given, and vice versa.
Usage:
Apply the indicator to your daily forex chart in TradingView.
Observe the plotted Buy and Sell signals to identify potential entry and exit points.
Use the debugging plots to ensure the conditions for the signals are being met correctly.
This indicator provides a straightforward approach to trading based on recent price action, helping traders capitalize on potential breakout and breakdown opportunities.
Market Sentiment TrendGauges the trend of the DXY, VIX, and ticker by using SuperTrend, EMA, and Ichimoku Baseline to generate bullish and bearish signals.
MDM Customizable 5 EMAAwork in progress for ema students. analysis is my dream to master the market .i wanna gert in when the market reverses and this scrip is the begining of my education.
StockTripClip: @cclippStockTripClip: Advanced Breakout and Trend Indicator
Description: The StockTripClip script is a versatile indicator designed to enhance your trading decisions by providing clear breakout signals, trend insights, and volume analysis. Whether you're trading stocks, futures, or forex, this tool offers essential features to identify market opportunities effectively.
Features:
Breakout Detection:
Identifies potential breakout levels using a combination of moving averages and volatility analysis.
Upper and lower breakout levels are visually plotted for clarity.
Volume-Weighted Average Price (VWAP):
Tracks the average price adjusted for volume to identify key levels of market activity.
Dynamic Moving Average Ribbon:
Displays a visually appealing ribbon based on 87 and 187-period SMAs, helping you spot trends and consolidations.
Multi-Timeframe Analysis:
Includes a 5-day EMA from the daily chart, offering insights into higher timeframe trends.
Volume Liquidity Analysis:
Evaluates bid and ask volume strength over a customizable depth to reveal underlying market dynamics.
Breakout Alerts:
Provides real-time alerts for breakout events, ensuring you never miss an opportunity.
Visual Enhancements:
Customizable labels and color-coded breakout levels make it easy to interpret market movements at a glance.
How to Use:
Add the script to your TradingView chart.
Adjust input parameters to align with your trading style:
Liquidity Depth: Analyze bid/ask volume strength.
ATR Length: Customize volatility-based calculations.
Basis Length: Fine-tune breakout detection sensitivity.
Use the visual indicators:
Breakout Levels: Red and blue lines for upper and lower breakouts.
VWAP and EMA: Highlight significant trend and liquidity levels.
MA Ribbon: Spot trends and consolidations with ease.
Disclaimer: This script is for educational purposes only and does not constitute financial advice. Always consult with a financial professional before making investment decisions.
Combined IQ Zones, VWAP, EMA, S/RCombined IQ Zones, VWAP, EMA, S/R
Combined IQ Zones, VWAP, EMA, S/R
Combined IQ Zones, VWAP, EMA, S/R
Combined IQ Zones, VWAP, EMA, S/R
Combined IQ Zones, VWAP, EMA, S/R
ELC Indicator**ELC Indicator – Enigma Liquidity Concept**
The ELC Indicator is a cutting-edge tool designed for traders who want to leverage price action and liquidity concepts for high-precision trading opportunities. Unlike conventional indicators that rely purely on trend-following or oscillatory methods, ELC incorporates a unique combination of market structure, Fibonacci retracement levels, and dynamic EMA filtering to detect key buy and sell zones. This original approach helps traders capture the most relevant market movements and anticipate potential reversals with higher confidence.
---
### **What the ELC Indicator Does**
The primary goal of the ELC Indicator is to identify liquidity zones and plot Fibonacci-based levels around detected buy or sell signals. It continuously monitors price action to identify instances where significant liquidity grabs occur, signaled by breakouts beyond recent highs or lows. Once a signal is detected, the indicator plots horizontal lines at key Fibonacci ratios (0%, 25%, 50%, 75%, 100%, 120%, and 180%) to give traders a clear visual framework for potential retracement or extension levels.
Additionally, the indicator includes a dynamic EMA filter, which ensures that buy signals are only triggered when the price is above the EMA and sell signals when the price is below the EMA. This filtering mechanism helps reduce false signals in choppy markets and aligns trades with the broader trend direction.
---
### **Key Features**
1. **Buy & Sell Signals**
- Buy signals are generated when a liquidity grab occurs below the previous low, and the closing price is above the candle body midpoint and the EMA.
- Sell signals are triggered when a liquidity grab occurs above the previous high, and the closing price is below the candle body midpoint and the EMA.
- Visual cues are provided via small upward (green) and downward (red) triangles on the chart.
2. **Fibonacci Levels**
- For each buy or sell signal, the indicator plots multiple horizontal lines at key Fibonacci levels. These levels can help traders set realistic profit targets and stop-loss levels.
- The plotted lines can be customized in terms of style (solid, dotted, dashed) and color (buy and sell line colors).
3. **Dynamic EMA Filtering**
- A customizable EMA filter is integrated into the logic to align trades with the prevailing trend.
- The EMA length is adjustable, allowing traders to fine-tune the indicator based on their trading style and market conditions.
4. **Alert System**
- Alerts can be enabled for both buy and sell signals, ensuring traders never miss an opportunity even when away from the screen.
- Alerts are triggered once per bar, ensuring timely notifications without excessive noise.
5. **Customizable Signal Visibility**
- Traders can toggle the visibility of the last 9 buy and sell signals. When this option is disabled, only the most recent signal is displayed, helping to declutter the chart.
---
### **How to Use the ELC Indicator**
- **Trend Following**: The ELC Indicator works well in trending markets by filtering signals based on the EMA direction. Traders can use the plotted Fibonacci levels to enter trades, set profit targets, and manage risk.
- **Reversal Trading**: The liquidity grab detection mechanism allows traders to capture potential market reversals. By waiting for price retracements to key Fibonacci levels after a signal, traders can enter trades with a favorable risk-to-reward ratio.
- **Scalping & Day Trading**: With its ability to plot key intraday levels and generate real-time alerts, the ELC Indicator is particularly useful for scalpers and day traders looking to exploit short-term market inefficiencies.
---
### **Concepts Underlying the Calculations**
1. **Liquidity Grabs**: The ELC Indicator’s core logic is based on detecting instances where the market moves beyond a recent high or low, triggering a liquidity grab. This often signals a potential reversal or continuation, depending on broader market conditions.
2. **Fibonacci Ratios**: Once a signal is detected, key Fibonacci levels are plotted to provide traders with actionable zones for trade entries, profit targets, or stop-loss placements.
3. **EMA Filtering**: The EMA acts as a dynamic trend filter, ensuring that signals are aligned with the dominant market direction. This reduces the likelihood of entering trades against the prevailing trend.
---
### **Why ELC is Unique**
The ELC Indicator stands out by combining multiple powerful trading concepts—liquidity, Fibonacci ratios, and EMA filtering—into a single tool that provides actionable and visually intuitive information. Unlike traditional trend-following indicators that lag behind price action, ELC proactively identifies key market turning points based on liquidity events. Its customizable features, real-time alerts, and comprehensive plotting of Fibonacci levels make it a versatile tool for traders across various styles and timeframes.
Whether you're a scalper looking for intraday opportunities or a swing trader aiming to capture larger moves, the ELC Indicator offers a robust framework for identifying and executing high-probability trades.
---
### **How to Get Started**
1. Add the ELC Indicator to your chart.
2. Customize the EMA length, line colors, and style based on your preference.
3. Enable alerts to receive real-time notifications of buy and sell signals.
4. Use the plotted Fibonacci levels to plan your trade entries, profit targets, and stop-loss levels.
5. Combine the signals from ELC with your existing market analysis for optimal results.
---
This unique approach makes the ELC Indicator a valuable tool for traders seeking precision, clarity, and consistency in their trading decisions.
Supply and Demand RebalancingPlease do not use this rudimentary script to lose money. As far as I can tell it has ZERO EDGE on its own.
Supply and Demand Pattern Detection Script
Overview
This script identifies potential supply and demand zones by detecting a specific double-wick pattern formation. It's designed as an educational tool and research aid for traders interested in price action and supply/demand concepts.
Pattern Detection
Looks for consecutive candles with long wicks (tails) that align with each other
The wicks must be larger than a specified percentile of recent wick lengths
The candle bodies must be relatively small compared to their wicks
Volume and volatility filters can be optionally applied
Higher timeframe trend confirmation is available as an optional filter
Visual Aids
Green triangles appear when a long setup is detected
Red triangles appear when a short setup is detected
Boxes show the risk zone (red) and reward zone (green)
Boxes extend until the trade reaches either its target or stop loss
A performance table shows win rate and profit factor statistics
Key Settings
1. Pattern Detection:
Wick Alignment Tolerance: How closely the wicks need to align
Min Wick Length Percentile: Minimum size requirement for wicks
Max Body/Wick Ratio: Controls maximum candle body size relative to wick
2. Additional Filters:
Volume Filter: Optional volume confirmation
ATR Filter: Optional volatility confirmation
Higher Timeframe Confirmation: Optional trend alignment
3. Trade Parameters:
Risk/Reward Ratio: Default 2:1
Bars to Wait for Outcome: How long to track trade results
Important Disclaimers
This is an educational tool and should NOT be used to trade real money without extensive testing and modification. Please do not use this rudimentary script to lose money. As far as I can tell it has zero edge on its own.
Historical backtesting results are not indicative of future performance. The script may miss some valid setups or generate false signals. Trade outcomes are simplified and don't account for:
Slippage
Trading fees
Market liquidity
Gap risk
Real-world execution challenges
Recommended Usage
Use as a learning tool to understand supply/demand concepts
Practice identifying these patterns manually
Paper trade the setups first
Combine with other forms of analysis and risk management
Consider it one tool among many, not a complete trading system
Best Practices
Always use proper risk management
Test thoroughly on demo accounts first
Keep detailed trading logs
Understand why each pattern forms
Study both winning and losing trades to improve pattern recognition
Remember: No trading script can guarantee profits. This tool is meant for educational purposes and should be part of a broader trading education and development process.
Advanced Strategy with Bollinger, Fibonacci, and ATR MSDBu strateji kısa zaman dilimlerinde trend ve volatiliteyi analiz ederek kısa vadeli işlemler için optimize edilmiştir.
Stratejinin temel unsurları RSI, MACD, EMA, Bollinger bandı, Fibonacci seviyeleri, ATR ile desteklenmiştir
risk yönetimi
Stop-loss ATR'nin 1.5 katı
Take-profit ATR'nin 3 katıdır.
15 dakikalık zaman dilimlerinde en iyi performansı göstermesi için optimize edilmiştir. Hem manuel işlem rehberi hemde otomatik işlem sinyalleri için uygundur.
DJAM MAVS PLUS+ Entries + ExitsDJAM-MAVS PLUS+
A Versatile Moving Averages & Signals Indicator
The DJAM-MAVS PLUS+ is an all-in-one technical indicator designed for traders who value precision and clarity in analyzing market trends. Built for traders of all experience levels, this tool combines the power of multiple moving averages and exponential moving averages (MA & EMA) with visual signals to highlight critical market trends and crossovers.
Key Features:
Customizable Moving Averages & EMAs: Includes adjustable lengths for:
2-Day MA & EMA
13-Day MA
50-Day MA
60-Day MA
8-Day EMA
39-Day EMA
100-Day MA
200-Day MA
Visual Crossovers: Highlights bullish and bearish crossover conditions between key MAs and EMAs with green and red vertical background bars for easy trend identification.
Anchor Period: Customize the anchor period to align with different timeframes like Sessions, Weeks, Months, or even Years, enhancing its flexibility for various trading styles.
Stochastic Bands Multiplier: Adjust the bands with a customizable multiplier for a more granular analysis of market volatility.
Optimized for Overlay Use: Plots directly on your chart, providing an uncluttered yet highly informative view of the market.
Why Choose DJAM-MAVS PLUS+?
This indicator empowers you to:
Identify potential trend reversals with ease.
Monitor short-term and long-term trends simultaneously.
Gain a clearer visual representation of key market signals through colored crossovers.
Tailor the settings to fit your unique trading strategy.
Who is it for?
Swing traders seeking reliable trend-following signals.
Day traders who need clarity on short-term momentum shifts.
Long-term investors looking to confirm major trend changes.
How to Use:
Customize Inputs: Tailor the moving average and EMA lengths to match your strategy.
Monitor Crossovers: Watch for green and red background bars to signal potential bullish or bearish momentum shifts.
Adapt Anchor Periods: Use the indicator across various timeframes, from daily to yearly, for enhanced market insights.
Join the Community
The DJAM-MAVS PLUS+ is more than just an indicator; it's your edge in the market. Share your feedback, strategies, and experiences with the TradingView community to help refine and optimize this tool for all traders.
Visit my Website @ CryptoJamz.com or Follow Me on StockTwits.com @ StockTwits.com
Ichimoku with Vertical Mirror DistanceThe Ichimoku Kinko Hyo is a powerful technical indicator used to assess market trends, potential support and resistance levels, and momentum. It consists of several components that help visualize the market's state:
Tenkan-sen (Conversion Line): A fast-moving average.
Kijun-sen (Base Line): A slower-moving average.
Senkou Span A (Leading Span A): The average of Tenkan-sen and Kijun-sen, shifted forward in time.
Senkou Span B (Leading Span B): A slower moving average of the high and low price over a period of 52 periods, shifted forward in time.
Chikou Span (Lagging Line): The closing price shifted back in time by 26 periods.
This custom version of the Ichimoku indicator adds the vertical mirrored distance feature, which calculates the distance between Senkou Span B and Kijun-sen and then mirrors this distance to create two new lines. These new lines help visualize the range between these key Ichimoku lines.
Options Flavour by Raushan ShrivastavaMonthly Pivot Points :-
It calculates the monthly high, low, and close, and then computes the pivot point and three levels of support and resistance (R1, R2, R3, S1, S2, S3).
Moving Average :-
A simple moving average (SMA) with a configurable length (length_ma), which by default is set to 140 periods.
Bullish/Bearish Labels :-
Bullish condition: The close price crosses above both the moving average and the monthly pivot point.
Bearish condition: The close price crosses below both the moving average and the monthly pivot point.
Plotting :-
Monthly pivot, support, and resistance levels are plotted as circles on the chart.
The previous month's high and low are also plotted.
Bullish and bearish signals are shown with labels.
Labels on Support/Resistance Lines :-
A label "- PE" will appear on the S2 line (support level) with a green color when the bullish condition is met.
A label "- CE" will appear on the R2 line (resistance level) with a red color when the bearish condition is met.
Customisation :-
Moving Average Length: You can modify the length_ma input to adjust the period of the moving average.
Candle Color Based on EMA Conditions with CustomizationIf the close is below both EMAs, the candle color is red.
If the close is above both EMAs, the candle color is green.
If the close is above 20 EMA but below 200 EMA, or below 20 EMA but above 200 EMA, the candle color is blue.
Advanced Ichimoku SignalThe Advanced Ichimoku Signal is an innovative indicator that combines the strengths of the Ichimoku Cloud system with enhanced signal processing features. This tool is designed to provide traders with clearer insights into market trends and potential trading opportunities.
Key Features of the Advanced Ichimoku Signal
1. Integration of Ichimoku Components:
- The indicator utilizes essential Ichimoku elements such as **Tenkan-sen** (Conversion Line) and **Kijun-sen** (Base Line) to determine short-term and long-term market trends.
2. Enhanced Signal Logic:
- It incorporates a Weighted Moving Average (WMA) to smooth price data, allowing for better trend identification and reducing noise in volatile markets.
3. Customizable Parameters:
- Traders can adjust various parameters, including the lengths of the Tenkan-sen, Kijun-sen, and WMA, as well as their colors and thicknesses for improved visibility.
4. Dynamic Visual Signals:
- The background color changes based on bullish or bearish conditions, providing immediate visual cues for potential trade setups.
5. Signal Strength Calculation:
- The indicator calculates the strength of signals based on the distance between the closing price and the WMA, helping traders gauge the reliability of trade signals.
Importance of the Advanced Ichimoku Signal
- Trend Analysis: By combining multiple indicators, traders can identify both short-term and long-term trends effectively.
- Improved Decision Making: The clear visual signals help traders make informed decisions quickly, reducing the chances of emotional trading.
- Flexibility in Trading Strategies: The customizable nature of the indicator allows it to fit various trading styles, whether scalping or long-term investing.
- Risk Management: Understanding market momentum through this indicator aids in better risk management by providing clear entry and exit points.
Conclusion
The Advanced Ichimoku Signal is a powerful tool for traders looking to enhance their market analysis capabilities. With its advanced features and customizable settings, it offers a comprehensive approach to identifying trading opportunities in various market conditions. Integrating this indicator into your trading strategy can lead to more informed decisions and improved trading performance.
Colored Stacked EMA RibbonThis script is my interpretation of an idea from John Carter in his interview with Richard Moglen.
The idea of moving average ribbons or simply multiple moving averages has been around since moving averages were created. But many of these ideas, such as the Guppy Multiple Moving Averages focus on price closes above a moving average (or multiple moving averages).
In this version, the idea is that the EMAs are compared to each other from shortest to longest. In a completely bullish alignment, the EMAs are referred to as "stacked" in which, for example, the 8 EMA > 13 EMA, the 13 EMA > 21 EMA and so on. When the EMAs are "stacked" in a fully bullish alignment, the EMA cloud is filled green. When the EMAs are "stacked" in a fully bearish alignment, the EMA cloud is filled red.
In addition, I've colored the EMA lines themselves according to if they are rising (green) or falling (red) over a user inputted lookback. The default is "1" period, but it is adjustable. (Generally, I use "1" for the lookback.)
When the EMA lines flip from mixed (rising/falling) to all rising, a green triangle is drawn under the bar/candle. Similarly, when the EMA lines flip from mixed (falling/rising) to all falling, a red triangle is drawn over the bar/candle. This gives the user another potential entry in the context of a stacked EMA cloud. It also can give early signals for entry in a neutral cloud.
Candles/bars are colored according to the EMA cloud & EMA line status. So, for example, a bullish stacked EMA cloud (green) and all EMA lines green, will result in a bright green candle color. IF the cloud is green, but the EMA lines are mixed (red/green), this will result in a dark green candle. Similar logic applies to the bearish conditions which result in red (most bearish) or orange (still bearish) candle colors. IF the EMA cloud is neither bullishly stacked or bearishly stacked, then those candles will appear as gray (neutral).
There are many ways to use this script, but it excels in a trending market. John Carter often sets limit buys in an area near the 21D EMA in names that are trending & he wants to get in. The 13D EMA linewidth is set at 2 and the 21D EMA linewidth is set a 3 to easily identify this area. Now, you can "buy the dip" or "short the rip" within the context of a trending market (which the script identifies with green or red EMA clouds). Or you can wait for some confirmation via the green triangle (or something else like a candle stick pattern or trendline break). Remember to set stops in case price goes against you.
1 final note this is not a "magic bullet", but for a single indicator it does alot of work & personally I've found it to be very useful on multiple time frames. I do recommend combining it with volume (or a volume-based indicator).
Update #1: This updated version allows the user to adjust candle colors, forces the script to wait for bar closes on intraday charts (if conditions are met) before plotting triangles, and removes a link to YT. In addition, non-intraday charts (daily, weekly, etc) will flash a triangle intraday (if conditions are met) before updating completely at the close.
EXPONOVA by @thejamiulEXPONOVA is an advanced EMA-based indicator designed to provide a visually intuitive and actionable representation of market trends. It combines two EMAs (Exponential Moving Averages) with a custom gradient fill to help traders identify trend reversals, strength, and the potential duration of trends.
This indicator uses a gradient color fill between two EMAs—one short-term (20-period) and one longer-term (55-period). The gradient dynamically adjusts based on the proximity and relationship of the closing price to the EMAs, giving traders a unique visual insight into trend momentum and potential exhaustion points.
Key Features:
Dynamic Gradient Fill:
The fill color between the EMAs changes based on the bar's position relative to the longer-term EMA.
A fading gradient visually conveys the strength and duration of the trend. The closer the closing price is to crossing the EMA, the stronger the gradient, making trends easy to spot.
Precision EMA Calculations:
The indicator plots two EMAs (20 and 55) without cluttering the chart, ensuring traders have a clean and informative display.
Ease of Use:
Designed for both novice and advanced traders, this tool is effective in identifying trend reversals and entry/exit points.
Trend Reversal Detection:
Built-in logic identifies bars since the last EMA cross, dynamically adjusting the gradient to signal potential trend changes.
How It Works:
This indicator calculates two EMAs:
EMA 20 (Fast EMA): Tracks short-term price movements, providing early signals of potential trend changes.
EMA 55 (Slow EMA): Captures broader trends and smoothens noise for a clearer directional bias.
The area between the two EMAs is filled with a dynamic color gradient, which evolves based on how far the price has moved above or below EMA 55. The gradient acts as a visual cue to the strength and duration of the current trend:
Bright green shades indicate bullish momentum building over time.
Red tones highlight bearish momentum.
The fading effect in the gradient provides traders with an intuitive representation of trend strength, helping them gauge whether the trend is accelerating, weakening, or reversing.
Gradient-Filled Region: Unique visualization to simplify trend analysis without cluttering the chart.
Dynamic Trend Strength Indication: The gradient dynamically adjusts based on the price's proximity to EMA 55, giving traders insight into momentum changes.
Minimalist Design: The EMAs themselves are not displayed by default to maintain a clean chart while still benefiting from their analysis.
Customizable Lengths: Pre-configured with EMA lengths of 20 and 55, but easily modifiable for different trading styles or instruments.
How to Use This Indicator
Trend Detection: Look at the gradient fill for visual confirmation of trend direction and strength.
Trade Entries:
Enter long positions when the price crosses above EMA 55, with the gradient transitioning to green.
Enter short positions when the price crosses below EMA 55, with the gradient transitioning to red.
Trend Strength Monitoring:
A brighter gradient suggests a sustained and stronger trend.
A fading gradient may indicate weakening momentum and a potential reversal.
Important Notes
This indicator uses a unique method of color visualization to enhance decision-making but does not generate buy or sell signals directly.
Always combine this indicator with other tools or methods for comprehensive analysis.
Past performance is not indicative of future results; please practice risk management while trading.
How to Use:
Trend Following:
Use the gradient fill to identify the trend direction.
A consistently bright gradient indicates a strong trend, while fading colors suggest weakening momentum.
Reversal Signals:
Watch for gradient changes near the EMA crossover points.
These can signal potential trend reversals or consolidation phases.
Confirmation Tool:
Combine EXPONOVA with other indicators or candlestick patterns for enhanced confirmation of trade setups.
GOLDEN RSI by @thejamiulGOLDEN RSI thejamiul is a versatile Relative Strength Index (RSI)-based tool designed to provide enhanced visualization and additional insights into market trends and potential reversal points. This indicator improves upon the traditional RSI by integrating gradient fills for overbought/oversold zones and divergence detection features, making it an excellent choice for traders who seek precise and actionable signals.
Source of this indicator : This indicator is based on @TradingView original RSI indicator with a little bit of customisation to enhance overbought and oversold identification.
Key Features
1. Customizable RSI Settings:
RSI Length: Adjust the RSI calculation period to suit your trading style (default: 14).
Source Selection: Choose the price source (e.g., close, open, high, low) for RSI calculation.
2. Gradient-Filled RSI Zones:
Overbought Zone (80-100): Gradient fill with shades of green to indicate strong bullish conditions.
Oversold Zone (0-20): Gradient fill with shades of red to highlight strong bearish conditions.
3. Support and Resistance Levels:
Upper Band: 80
Middle Bands: 60 (bullish) and 40 (bearish)
Lower Band: 20
These levels help identify overbought, oversold, and neutral zones.
4. Divergence Detection:
Bullish Divergence: Detects lower lows in price with corresponding higher lows in RSI, signaling potential upward reversals.
Bearish Divergence: Detects higher highs in price with corresponding lower highs in RSI, indicating potential downward reversals.
Visual Indicators:
Bullish divergence is marked with green labels and line plots.
Bearish divergence is marked with red labels and line plots.
5. Alert Functionality:
Custom Alerts: Set up alerts for bullish or bearish divergences to stay notified of potential trading opportunities without constant chart monitoring.
6. Enhanced Chart Visualization:
RSI Plot: A smooth and visually appealing RSI curve.
Color Coding: Gradient and fills for better distinction of trading zones.
Pivot Labels: Clear identification of divergence points on the RSI plot.