Enhanced Multi-Indicator StrategyEine fortschrittliche Handelsstrategie, die mehrere bewährte technische Indikatoren kombiniert, um präzise Kauf- und Verkaufssignale zu generieren. Hauptmerkmale:
Kombiniert RSI, MACD, SuperTrend und SMA für zuverlässige Signale
Integrierter Volumenfilter für Signalbestätigung
Dynamische Hintergrundfarben für überkaufte/überverkaufte Zonen
Anpassbare Parameter für individuelle Optimierung
Integrierte Alarme für Kauf- und Verkaufssignale
Verwendete Indikatoren:
RSI (Relative Strength Index) für Momentum
MACD für Trendbestätigung
SuperTrend für Trendrichtung
SMA (Simple Moving Average) für Trendidentifikation
Volumen-Analyse für Signalvalidierung
Signalgenerierung:
Kaufsignale erscheinen, wenn:
RSI überverkauft ist
Preis über SMA
SuperTrend bullish
MACD-Histogramm positiv
Optional: erhöhtes Handelsvolumen
Verkaufsignale erscheinen, wenn:
RSI überkauft ist
Preis unter SMA
SuperTrend bearish
MACD-Histogramm negativ
Optional: erhöhtes Handelsvolumen
Anpassungsmöglichkeiten:
SMA-Länge
RSI-Parameter und Schwellenwerte
MACD-Einstellungen
SuperTrend-Multiplikator
Volumenfilter
Hinweis: Dieser Indikator eignet sich für verschiedene Zeitrahmen und Märkte. Beste Ergebnisse werden in Kombination mit fundamentaler Analyse und gutem Risikomanagement erzielt. Tags: #MultiIndicator #Trading #RSI #MACD #SuperTrend #Volume #TechnicalAnalysis #TradingStrategy #PineScript
趨勢分析
Ichimoku Cloud with Percentage Distance and Background ColorThe “Ichimoku Cloud with Percentage Distance and Background Color” Indicator is an enhanced Ichimoku Kinko Hyo tool designed for comprehensive trend analysis and visualization. It integrates traditional Ichimoku components with additional features to improve usability and market insight.
Key Features:
1. Core Ichimoku Components:
• Conversion Line (Tenkan-sen): Short-term trend line calculated using a 9-period average of high and low prices.
• Base Line (Kijun-sen): Medium-term trend line using a 26-period average of high and low prices.
• Leading Span A (Senkou Span A): Average of the Conversion and Base Lines, shifted forward by 26 periods.
• Leading Span B (Senkou Span B): 52-period average of high and low prices, shifted forward by 26 periods.
• Lagging Span (Chikou Span): Current closing price plotted 26 periods behind.
2. Cloud (Kumo):
• The space between Leading Span A and Leading Span B is filled to form a “cloud.”
• Bullish cloud: Green when Leading Span A > Leading Span B.
• Bearish cloud: Red when Leading Span B > Leading Span A.
3. Percentage Distance Metrics:
• Displays the percentage distance between the current price and the Base Line (BL) and Conversion Line (CL).
• Positive values are shown in green, and negative values are shown in red.
4. Dynamic Background Color:
• Light green: Conversion Line is above the Base Line, indicating bullish momentum.
• Light red: Conversion Line is below the Base Line, signaling bearish momentum.
• Neutral gray: No clear trend (Conversion Line equals Base Line).
5. Integrated Table:
• A compact table at the bottom-right corner displays the percentage distances for BL and CL with color-coded values for quick interpretation.
Applications:
• Identify trends and potential reversals with the Ichimoku Cloud.
• Analyze momentum shifts using percentage distances.
• Visualize bullish/bearish conditions directly with background color changes.
• Quickly assess price relationships relative to key Ichimoku levels via the percentage distance table.
This indicator is ideal for traders looking for a comprehensive and visually enhanced tool to analyze market trends and momentum effectively.
Macd with RSI TableThe "MACD + RSI" Indicator is a combined technical analysis tool that integrates the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) for better market insights.
Key Features:
1. MACD Analysis:
• Computes MACD using customizable moving averages (SMA or EMA) for both the oscillator and signal line.
• Plots the MACD line, signal line, and histogram, which visually indicate market momentum and potential trend reversals.
• Includes alert conditions to notify users of key histogram changes (rising to falling or vice versa).
2. RSI Monitoring:
• Displays the RSI value to assess market strength (above 50 for bullish, below 50 for bearish).
• Highlights overbought and oversold conditions.
3. Integrated Table:
• A dynamic table shows the current MACD histogram state (positive or negative) and RSI value at a glance.
• Color-coded for quick interpretation (green for bullish, red for bearish).
This indicator provides a comprehensive view of trend direction, momentum, and market strength, making it suitable for identifying trading opportunities and managing risks.
MarketMono CloudsMarketMono Clouds is a technical analysis overlay indicator that utilizes a dual cloud formation system to visualize market trends. The indicator employs three moving averages to create two distinct cloud areas that help traders identify trend direction and potential reversal zones.
Key Features
• Dual cloud system for enhanced trend visualization
• Color-changing clouds reflecting market conditions
• Smooth transitions between bullish and bearish signals
This indicator helps traders identify trend direction and potential reversal zones through cloud color changes and formations. The dual-cloud system provides enhanced visual confirmation of trend strength and market momentum, making it valuable for both day traders and swing traders seeking clear visual representations of market trends and momentum shifts.
Triple Supertrend SignalsThis indicator used trading view super trend function. It has 3 super trends slow(1), medium(2), fast(3). ATR and factor can be customized as per timeframe and requirements. No lines are displayed only Buy and Sell Signals. Avoids Clutter.
Thai Flag EMA (10/20/50/100/200)"Experience the beauty of technical analysis with a creative twist! 🇹🇭 This chart of the SET Index transforms moving averages into the iconic Thai flag, blending art and market insights like never before. A true celebration of Thailand’s spirit and the dynamic world of trading. If you love seeing markets through a unique lens, don't forget to like, share, and follow for more innovative takes on technical analysis!"
XAUUSD trend strategyXAUUSD TREND STRATEGY is a powerful trend-following indicator designed to help traders identify potential buy and sell signals in the market.
It combines the Relative Strength Index (RSI) and the Money Flow Index (MFI) to comprehensively view market momentum and strength.
HSM Wick Play Pattern DetectorWick Play是由2020年美国投资冠军Oliver Kell推广的一种长线建仓形态。具体特征如下:
- 具有上涨动能的强势股票在昨日收盘时从高点回落。
- 今日开盘价位于昨日K线的烛芯(上引线)区域内。
- 如果股价能够在烛芯区域站稳，并且没有跌入昨日实体部分,这就是一个强势信号。
第三天当价格突破内包日(烛芯日)的最高点时,就是触发买入信号的时机。
需要特别注意的是,这个形态不能作为唯一的进场决策来使用。不是所有的wick play形态都适合买入。它要在真正的市场leader stock中使用，而且要有买盘推动力的配合。一般情况下，我喜欢在标的回踩站稳均线后出现这个形态去使用。这个形态也不是万能的，没有形态是万能的，一切都是概率。
这个指标会在形成相应K线形态处标注向上箭头，同时会对K线进行着色。这些都可以在指标设置中进行自定义配置.
Have fun trading!
S1 & S2This Pine Script™ defines an indicator called "S1 & S2" to calculate and plot the Opening Range Breakout (ORB) high and low values for four predefined trading sessions. Here’s a breakdown:
Key Features:
Input Parameters:
inputMax: Maximum time frame multiplier for intraday data (default: 30 minutes).
sess1 to sess4: User-defined trading session times.
Function: calculateORB(session):
Calculates the ORB high and low for a given session.
Tracks session entry, updating the ORB high and low values based on the highest high and lowest low within the session.
Session-Specific Calculations:
ORB high and low are calculated separately for Session 1 to Session 4 using the calculateORB function.
Plotting:
The ORB high and low for each session are plotted with distinct colors:
Session 1: Red
Session 2: Green
Session 3: Blue
Session 4: Black
Purpose:
This script is designed for traders who want to track and visualize significant price levels (highs and lows) during specific time intervals of the trading day. The indicator helps identify breakout or reversal points across multiple sessions.
Applications:
Breakout Trading: Use ORB levels as entry/exit signals.
Intraday Analysis: Monitor price action within specific trading windows.
Multi-Session Insights: Compare ORB dynamics across different sessions for better decision-making.
Relative Strength Index ZonesThe Relative Strength Index (RSI) indicator in this script is an enhanced version of the traditional RSI, designed to provide traders with deeper insights into market momentum and potential price reversals. The RSI is calculated using the average of upward and downward price movements over a specified period (default is 14), yielding a value between 0 and 100. Key levels, such as 70 (overbought) and 30 (oversold), are highlighted to help identify potential turning points. To further improve visualization, the script adds background colors to different RSI zones: red for values below 40 (strongly bearish), orange for 40-50 (mild bearish), yellow for 50-60 (neutral), and green for values above 60 (bullish). This visual aid helps traders quickly assess market conditions at a glance.
The script also introduces advanced features like divergence detection, allowing traders to identify potential trend reversals based on discrepancies between price and RSI movement. Bullish and bearish divergences are highlighted on the chart with corresponding labels for ease of identification. Additionally, it includes the option to apply moving averages (SMA, EMA, and others) or Bollinger Bands to the RSI for smoother trend analysis. Customizable settings for divergence detection, moving average types, and Bollinger Band parameters offer flexibility to adapt to different trading strategies, making this indicator a powerful tool for both novice and experienced traders.
Relative Strength Index Zones The Relative Strength Index (RSI) indicator in this script is an enhanced version of the traditional RSI, designed to provide traders with deeper insights into market momentum and potential price reversals. The RSI is calculated using the average of upward and downward price movements over a specified period (default is 14), yielding a value between 0 and 100. Key levels, such as 70 (overbought) and 30 (oversold), are highlighted to help identify potential turning points. To further improve visualization, the script adds background colors to different RSI zones: red for values below 40 (strongly bearish), orange for 40-50 (mild bearish), yellow for 50-60 (neutral), and green for values above 60 (bullish). This visual aid helps traders quickly assess market conditions at a glance.
The script also introduces advanced features like divergence detection, allowing traders to identify potential trend reversals based on discrepancies between price and RSI movement. Bullish and bearish divergences are highlighted on the chart with corresponding labels for ease of identification. Additionally, it includes the option to apply moving averages (SMA, EMA, and others) or Bollinger Bands to the RSI for smoother trend analysis. Customizable settings for divergence detection, moving average types, and Bollinger Band parameters offer flexibility to adapt to different trading strategies, making this indicator a powerful tool for both novice and experienced traders.
Liquidez + SP y RS + Zones [AlgoRich]Este algoritmo marca en los swing points líneas personalizables de liquidez, con posibilidad de removerlas de la gráfica cuando el precio las toque, es de gran utilidad para saber hacia donde el mercado puede dirigirse muy probablemente, ya que además cuenta con tres timezones configurables en sombreados verticales, ya sea para marcar el diario, o una sesión de bolsa. A su vez, cuenta con soportes y resistencias dinámicos que pueden ser configurables en varias temporalidades, vale decir, que estando en el gráfico de 1 minuto por ejemplo, puedo ver hasta otras 4 temporalidades, lo cual mejora la precisión de zonas operativas de oferta y demanda.
Multi-Band Comparison Strategy (CRYPTO)Multi-Band Comparison Strategy (CRYPTO)
Optimized for Cryptocurrency Trading
This Pine Script strategy is built from the ground up for traders who want to take advantage of cryptocurrency volatility using a confluence of advanced statistical bands. The strategy layers Bollinger Bands, Quantile Bands, and a unique Power-Law Band to map out crucial support/resistance zones. It then focuses on a Trigger Line—the lower standard deviation band of the upper quantile—to pinpoint precise entry and exit signals.
Key Features
Bollinger Band Overlay
The upper Bollinger Band visually shifts to yellow when price exceeds it, turning black otherwise. This offers a straightforward way to gauge heightened momentum or potential market slowdowns.
Quantile & Power-Law Integration
The script calculates upper and lower quantile bands to assess probabilistic price extremes.
A Power-Law Band is also available to measure historically significant return levels, providing further insight into overbought or oversold conditions in fast-moving crypto markets.
Standard Deviation Trigger
The lower standard deviation band of the upper quantile acts as the strategy’s trigger. If price consistently holds above this line, the strategy interprets it as a strong bullish signal (“green” zone). Conversely, dipping below indicates a “red” zone, signaling potential reversals or exits.
Consecutive Bar Confirmation
To reduce choppy signals, you can fine-tune the number of consecutive bars required to confirm an entry or exit. This helps filter out noise and false breaks—critical in the often-volatile crypto realm.
Adaptive for Multiple Timeframes
Whether you’re scalping on a 5-minute chart or swing trading on daily candles, the strategy’s flexible confirmation and overlay options cater to different market conditions and trading styles.
Complete Plot Customization
Easily toggle visibility of each band or line—Bollinger, Quantile, Power-Law, and more.
Built-in Simple and Exponential Moving Averages can be enabled to further contextualize market trends.
Why It Excels at Crypto
Cryptocurrencies are known for rapid price swings, and this strategy addresses exactly that by combining multiple statistical methods. The quantile-based confirmation reduces noise, while Bollinger and Power-Law bands help highlight breakout regions in trending markets. Traders have reported that it works seamlessly across various coins and tokens, adapting its triggers to each asset’s unique volatility profile.
Give it a try on your favorite cryptocurrency pairs. With advanced data handling, crisp visual cues, and adjustable confirmation logic, the Multi-Band Comparison Strategy provides a robust framework to capture profitable moves and mitigate risk in the ever-evolving crypto space.
MEMEQUANTMEMEQUANT
This script is a comprehensive and specialized tool designed for tracking trends and money flow within meme coins and DEX tokens. By combining various features such as trend lines, Fibonacci levels, and category-based indices, it helps traders make informed decisions in highly volatile markets.
Key Features:
1. Category-Based Indices:
• Tracks the performance of token categories like:
• AI Agent Tokens
• AI Tokens
• Animal Tokens
• Murad Picks
• Each category consists of leader tokens, which are selected based on their higher market cap and trading volume. These tokens act as benchmarks for their respective categories.
• Visualizes category indices in a line chart to identify trends and compare money flow between categories.
2. Fibonacci Correction Zones:
• Highlights key retracement levels (e.g., 60%, 70%, 80%).
• These levels are crucial for identifying potential reversal zones, commonly observed in meme coin trading patterns.
• Fully customizable to match individual trading strategies.
3. Trend Lines:
• Automatically detects major support and resistance levels.
• Separates long-term and short-term trend lines, allowing traders to focus on significant price movements.
4. Enhanced Info Table:
• Provides real-time insights, including:
• % Distance from All-Time High (ATH)
• Current Trading Volume
• 50-bar Average Volume
• Volume Change Percentage
• Displays information in an easy-to-read table on the chart.
5. Customizable Settings:
• Users can adjust transparency, colors, and ranges for Fibonacci zones, trend lines, and the table.
• Enables or disables individual features (e.g., Fibonacci, trend lines, table) based on preferences.
How It Works:
1. Tracking Money Flow Across Categories:
• The script calculates the market cap to volume ratio for each category of tokens to help identify the dominant trend.
• A higher ratio indicates greater liquidity and stability, while a lower ratio suggests higher volatility or price manipulation.
2. Identifying Retracement Patterns:
• Leverages common retracement behaviors (e.g., 70% correction levels) observed in meme coins to detect potential reversal zones.
• Combines this with trend line analysis for additional confirmation.
3. Leader Tokens as Indicators:
• Each category is represented by its leader tokens, which have historically higher liquidity and market cap. This allows the script to accurately reflect the overall trend in each category.
When to Use:
• Trend Analysis: To identify which category (e.g., AI Tokens or Animal Tokens) is leading the market.
• Reversal Zones: To spot potential support or resistance levels using Fibonacci zones.
• Money Flow: To understand how capital is moving across different token categories in real time.
Who Is This For?
This script is tailored for:
• Traders specializing in meme coins and DEX tokens.
• Those looking for an edge in trend-based trading by analyzing market cap, volume, and retracement levels.
• Anyone aiming to track money flow dynamics between different token categories.
Future Updates:
This is the initial version of the script. Future updates may include:
• Support for additional token categories and DEX data.
• More advanced pattern recognition and alerts for volume and price anomalies.
• Enhanced visualization for historical data trends.
With this tool, traders can combine money flow analysis with the 60-70% retracement strategy, turning it into a powerful assistant for navigating the fast-paced world of meme coins and DEX tokens.
This script is designed to provide meaningful insights and practical utility for traders, adhering to TradingView’s standards for originality, clarity, and user value.
Trend Matrix - XTrend Matrix - X: Advanced Market Trend Analysis
Introduction: Trend Matrix - X is a powerful indicator designed to provide a comprehensive view of market trends, state transitions, and dynamics. By integrating advanced algorithms, statistical methods, and smoothing techniques, it identifies Bullish, Bearish, or Ranging market states while offering deep insights into trend behavior.
This indicator is ideal for traders seeking a balance between noise reduction and real-time responsiveness, with configurations that adapt dynamically to market conditions.
How It Works?
The indicator combines K-Median Clustering, Kalman Filtering, Fractal Dimension Analysis, and various regression techniques to provide actionable insights.
Market State Detection
- Divides data into three clusters: Bullish, Bearish, and Ranging.
- Uses K-Median Clustering to partition data based on medians, ensuring robust state classification even in volatile markets.
- Slope-Based Trend Analysis: Calculates trend slopes using Linear, Polynomial, or Exponential Regression. The slope represents the trend direction and strength, updated dynamically based on market conditions. It can apply Noise Reduction with Kalman Filter to balance stability and sensitivity
Dynamic Lookback Adjustment
- Automatically adjusts the analysis window length based on market stability, volatility, skewness, and kurtosis.
- This feature ensures the indicator remains responsive in fast-moving markets while providing stability in calmer conditions.
Fractal Dimension Measurement
- Calculates Katz Fractal Dimension to assess market roughness and choppiness.
- Helps identify periods of trend consistency versus noisy, range-bound markets.
Why Use Trend Matrix - X?
- Actionable Market States: Quickly determine whether the market is Bullish, Bearish, or Ranging.
- Advanced Smoothing: Reduces noise while maintaining trend-following precision.
- Dynamic Adaptation: Automatically adjusts to market conditions for consistent performance across varying environments.
- Customization: Configure regression type, lookback dynamics, and smoothing to suit your trading style.
- Integrated Visualization: Displays trend states, fractal dimensions, and cluster levels directly on the chart.
Configuration Options
Matrix Type (Raw or Filtered)
- Raw shows the unfiltered slope for real-time precision.
- Filtered applies Kalman smoothing for long-term trend clarity.
Regression Type
- Choose Linear, Polynomial, or Exponential Regression to calculate slopes based on your market strategy.
Dynamic Lookback Adjustment
- Enable Gradual Adjustment to smoothly adapt lookback periods in response to market volatility.
Noise Smoothing
- Toggle Smooth Market Noise to apply advanced filtering, balancing stability with responsiveness.
Cluster State Detection
- Visualize the current state of the market by coloring the candles to match the detected state.
How to Use the Trend Matrix - X Indicator
Step-by-Step Guide
Add the Indicator to Your Chart
- Once applied, it will display: Trend line (Trend Matrix) for identifying market direction, A state table showing the current market state (Bullish, Bearish, or Ranging), Cluster levels (High, Mid, and Low) for actionable price areas, Fractal dimension metrics to assess market choppiness or trend consistency.
Configure Your Settings
- Matrix Source (Raw vs. Filtered): Raw Matrix : Displays real-time, unsmoothed slope values for immediate precision. Ideal for fast-moving markets where rapid changes need to be tracked. Filtered Matrix : Applies advanced smoothing (Kalman Filter) for a clearer trend representation. Recommended for longer-term analysis or noisy markets
- Regression Type (Choose how the trend slope is calculated): Linear Regression : Tracks the average linear rate of change. Best for stable, straightforward trends. Polynomial Regression : Captures accelerating or decelerating trends with a curved fit. Ideal for dynamic, cyclical markets. Exponential Regression : Highlights compounding growth or decay rates. Perfect for parabolic trends or exponential moves.
- Market Noise Smoothing: Applies an adaptive (no lag) smoothing technique to the Matrix Source.
- Gradual Lookback Adjustment: Enable "Gradually Adjust Lookback" to allow the indicator to dynamically adapt its analysis window. (Indicator already does an automatic window, this just refines it).
Read the Outputs
- Trend Matrix Line: Upward Line (Bullish): Market is trending upward; look for buy opportunities. Downward Line (Bearish): Market is trending downward; look for sell opportunities.
- Cluster Levels: High Level (Cluster 0): Represents the upper bound of the trend, often used as a resistance level. Mid Level (Cluster 2): Serves as a key equilibrium point in the trend. Low Level (Cluster 1): Indicates the lower bound of the trend, often used as a support level.
- Market State Table: Displays the current state of the market. Bullish State: Strong upward trend, suitable for long positions. Bearish State: Strong downward trend, suitable for short positions. Ranging State: Sideways market, suitable for range-bound strategies.
- Fractal Dimension Analysis: Low Fractal Dimension (< 1.6): Indicates strong trend behavior; look for trend-following setups. High Fractal Dimension (> 1.6): Suggests choppy, noisy markets; focus on range-trading strategies.
Advanced Usage
- Adaptive Clustering: The indicator uses K-Median Clustering to dynamically identify Bullish, Bearish, and Ranging states based on market data. For traders interested in state transitions, monitor the cluster levels and the state table for actionable changes.
Trading Strategies
- Trend-Following: Use the Filtered Matrix and Fractal Dimension (< 1.6) to identify and follow strong trends. Enter long positions in Bullish States and short positions in Bearish States.
Disclaimer
I am not a professional market analyst, financial advisor, or trading expert. This indicator, Trend Matrix - X, is the result of personal research and development, created with the intention of contributing something that the trading community might find helpful.
It is important to note that this tool is experimental and provided "as-is" without any guarantees of accuracy, profitability, or suitability for any particular trading strategy. Trading involves significant financial risk, and past performance is not indicative of future results.
Users should exercise caution and use their own discretion when incorporating this indicator into their trading decisions. Always consult with a qualified financial advisor before making any financial or trading decisions.
By using this indicator, you acknowledge and accept full responsibility for your trading activities and outcomes. This tool is intended for educational and informational purposes only.
ADX, RSI, & TSI utilized as ART [by KeremErtem]The "ADX, RSI, & TSI utilized as ART" script is an advanced technical analysis tool designed by Kerem Ertem to help traders identify trend direction, strength, and potential reversals. It integrates the Average Directional Index (ADX), Relative Strength Index (RSI), and True Strength Index (TSI) into a cohesive, user-friendly indicator known as ART (Adaptive Relative Trend) .
What it does:
Trend Detection: Utilizes ADX to identify the strength and direction of trends.
Momentum Analysis: Uses RSI to gauge the speed and change of price movements.
Signal Smoothing: Incorporates TSI to reduce noise and provide clearer signals.
How it works:
Input Settings: Customize the source (hlc3), signal period (l1), and lookback range (l2) to tailor the indicator to your trading strategy.
Angle Calculation (ACI): The script calculates the angle of price movements using a custom function, which combines the lowest and highest prices with moving averages to create a smoother representation of trend angles.
Weighted Average: The ACI function is applied to the source price to derive a weighted average, which serves as the foundation for further calculations.
RSI Integration: The script calculates the RSI based on the weighted average price and further refines it using the ACI function to enhance signal accuracy.
ADX Calculation: ADX values are computed and adjusted using the ACI function to provide a clearer indication of trend strength and direction.
ART Indicator: The combined results of the RSI and ADX calculations form the ART indicator, which is plotted alongside trend lines and bands for comprehensive trend analysis.
Bands and Trend Lines: The script plots upper, lower, and center bands based on standard deviation and moving averages, providing visual cues for potential support and resistance levels.
How to use it:
Customization: Adjust the signal period, lookback range, RSI length, and ADX settings to fit your trading preferences.
Interpretation: Green ART signal lines indicate bullish trends, while red lines indicate bearish trends. The trend line color changes from cyan to magenta based on the trend direction.
Bands: Use the upper and lower bands as potential entry and exit points, with the center line acting as a trend confirmation.
This script offers a comprehensive approach to trend and momentum analysis, making it a valuable tool for traders seeking to enhance their trading strategies with advanced technical indicators.
Momentum Aggregator to identify Pivot PointsThis indicator takes into account various indicators like RSI, MACD etc.. to identify confluence and divergence which will help to identify pivot points in price.
Legend:
Green candles identify when there is a confluence of momentum to the upside
Red candle identify when there is a confluence of momentum to the downside
Note: These colors do not identify a positive or negative change in price for the candle. The candle outline identifies this
White candles identify when there is a divergence in momentum often identifying a pivot point for price
Yellow candles identify extreme exhaustion often indicating a good time to anticipate a reversal
Signals from Pawel Signals from Pawel is a trend-following indicator that generates buy and sell signals aligned with the prevailing trend, highlighting the principle: "Trend is your friend." Signals are triggered after a trend change is confirmed, using EMA crossovers (100 and 200 periods) as key indicators. When EMAs are widely separated, it indicates stronger trends with higher profit potential. Conversely, as EMAs converge, the trend weakens, increasing the likelihood of smaller gains or stop-loss triggers. For best results, prioritize signals shortly after a trend reversal, when EMA separation is more pronounced.
This indicator is optimized for the 5-minute timeframe on XAU/USD but may also be effective for other currency pairs and timeframes.
Dynamic Levels with Labels Resistance and SupportThe script allows you to set price level(s) for a given ticker. Here is a list of the features:
Up to 10 levels
Levels are dynamic: line start at the beginning of the session and move as the session goes.
Label includes "R" for resistance level and "S" for support level. The price level is next to R or S. It is possible to change the color type and size of the array
If the price goes over a R array, line will turn green or any color you choose. If the price goes below a S array, line will turn red or any color you choose.
You can adjust the position of the Label
It is possible to add or remove the label
The main goal here is to be able to keep the array moving during the day and days following without to have to adjust the array manually (unless you use a horizontal array, which tend to make chart heavy especially on longer timeframes.
We cannot keep the indicator for each ticker so either you need to create your levels for one ticker and keep the window opened. Else, you can save your indicators along with this one and call it with the name of the ticker so you know for which stock it is.
Any comments for improvements are welcome. I am not a professional coder, I used ChatGPT and a bit of my brain ;-)...
Thanks you!
ICT Strategy with Historical BacktestЛогика входа в сделки:
Теперь условия для входа в Лонг и Шорт проверяются корректно. Мы учитываем, что пробой на старшем таймфрейме (1H или выше) и наличие FVG важны для принятия решения о входе в сделку.
Отображение FVG:
Прямоугольники для FVG теперь правильно отображаются (если активирован флаг show_fvg_boxes). Для бычьего FVG прямоугольники будут зелеными, для медвежьего FVG — красными.
Метки для прогнозируемых сделок:
Добавлены метки "Potential Long" и "Potential Short" для визуализации на графике в точках потенциального входа в сделки.
Создание сделок на истории:
Стратегия теперь должна корректно создавать сделки на исторических данных, учитывая условия FVG и BOS.
Project RScript Description:
This advanced script is designed for traders seeking precision, efficiency, and adaptability in their trading strategies. The script offers real-time buy and sell signals, optimized stop loss, and take profit levels. By combining essential indicators such as RSI, Moving Averages, and ATR, this script helps traders make informed decisions with a focus on accuracy and risk management.
Key Features:
- Real-Time Signal Generation : Buy and sell signals are generated based on a combination of technical indicators, including RSI, Moving Averages, and ATR, ensuring that traders receive timely entry and exit points.
- Adaptive Take Profit Levels : Take profit targets are adjusted dynamically based on current market conditions, allowing traders to capitalize on price movements and lock in profits at different stages.
- Customizable Stop Loss : Stop loss levels are calculated using price action and ATR, offering more flexibility and effective risk management.
- Multi-Timeframe Compatibility : The script works across multiple timeframes, including 5-minute, 15-minute, 30-minute, 1-hour, and 4-hour charts, providing a comprehensive view of the market.
How It Works:
Buy Signals : These are triggered when specific conditions, such as RSI crosses or Moving Average crossovers, are met, indicating an optimal entry point.
Sell Signals : These occur when market conditions suggest a reversal, ensuring traders can exit positions at the right time.
Stop Loss (SL) : The script calculates stop loss levels dynamically based on the ATR or significant price levels, helping to avoid excessive losses.
Take Profit (TP) : Multiple take profit levels are set at various price points, providing opportunities to lock in profits as the price progresses.
This script is ideal for traders focused on scalping and short-term strategies. Whether analyzing a single timeframe or multiple timeframes, it provides dynamic, real-time signals that enhance trading decisions and support sound risk management
Combined Indicator (sdtzym)//@version=5
indicator("Combined Indicator", "LuxAlgo Combined", overlay=true)
//-----------------------------------------------------------------------------//
// Inputs
//-----------------------------------------------------------------------------//
// Trendlines with Breaks Inputs
length = input.int(14, 'Swing Detection Lookback')
mult = input.float(1., 'Slope', minval = 0, step = .1)
calcMethod = input.string('Atr', 'Slope Calculation Method', options = )
backpaint = input(true, tooltip = 'Backpainting offset displayed elements in the past. Disable backpainting to see real-time information returned by the indicator.')
upCss = input.color(color.teal, 'Up Trendline Color', group = 'Style')
dnCss = input.color(color.red, 'Down Trendline Color', group = 'Style')
showExt = input(true, 'Show Extended Lines')
// TRAMA Inputs
trama_length = input.int(99, 'TRAMA Length')
trama_src = input(close, 'TRAMA Source')
// LinReg Candles Inputs
signal_length = input.int(11, title="Signal Smoothing")
sma_signal = input.bool(true, title="Simple MA (Signal Line)")
lin_reg = input.bool(true, title="Lin Reg")
linreg_length = input.int(11, title="Linear Regression Length")
//-----------------------------------------------------------------------------//
// Calculations for Trendlines with Breaks
//-----------------------------------------------------------------------------//
var upper = 0.
var lower = 0.
var slope_ph = 0.
var slope_pl = 0.
var offset = backpaint ? length : 0
n = bar_index
src = close
ph = ta.pivothigh(length, length)
pl = ta.pivotlow(length, length)
slope = switch calcMethod
'Atr' => ta.atr(length) / length * mult
'Stdev' => ta.stdev(src,length) / length * mult
'Linreg' => math.abs(ta.sma(src * n, length) - ta.sma(src, length) * ta.sma(n, length)) / ta.variance(n, length) / 2 * mult
slope_ph := ph ? slope : slope_ph
slope_pl := pl ? slope : slope_pl
upper := ph ? ph : upper - slope_ph
lower := pl ? pl : lower + slope_pl
var upos = 0
var dnos = 0
upos := ph ? 0 : close > upper - slope_ph * length ? 1 : upos
dnos := pl ? 0 : close < lower + slope_pl * length ? 1 : dnos
var uptl = line.new(na,na,na,na, color = upCss, style = line.style_dashed, extend = extend.right)
var dntl = line.new(na,na,na,na, color = dnCss, style = line.style_dashed, extend = extend.right)
if ph and showExt
uptl.set_xy1(n-offset, backpaint ? ph : upper - slope_ph * length)
uptl.set_xy2(n-offset+1, backpaint ? ph - slope : upper - slope_ph * (length+1))
if pl and showExt
dntl.set_xy1(n-offset, backpaint ? pl : lower + slope_pl * length)
dntl.set_xy2(n-offset+1, backpaint ? pl + slope : lower + slope_pl * (length+1))
plot(backpaint ? upper : upper - slope_ph * length, 'Upper', color = ph ? na : upCss, offset = -offset)
plot(backpaint ? lower : lower + slope_pl * length, 'Lower', color = pl ? na : dnCss, offset = -offset)
plotshape(upos > upos ? low : na, "Upper Break", shape.labelup, location.absolute, upCss, text = "B", textcolor = color.white, size = size.tiny)
plotshape(dnos > dnos ? high : na, "Lower Break", shape.labeldown, location.absolute, dnCss, text = "B", textcolor = color.white, size = size.tiny)
//-----------------------------------------------------------------------------//
// Calculations for TRAMA
//-----------------------------------------------------------------------------//
trama_ama = 0.
hh = math.max(math.sign(ta.change(ta.highest(trama_length))), 0)
ll = math.max(math.sign(ta.change(ta.lowest(trama_length)) * -1), 0)
tc = math.pow(ta.sma(hh or ll ? 1 : 0, trama_length), 2)
trama_ama := na(trama_ama ) ? trama_src : trama_ama + tc * (trama_src - trama_ama )
plot(trama_ama, "TRAMA", color=color.new(color.red, 0), linewidth=2)
//-----------------------------------------------------------------------------//
// Calculations for LinReg Candles
//-----------------------------------------------------------------------------//
bopen = lin_reg ? ta.linreg(open, linreg_length, 0) : open
bhigh = lin_reg ? ta.linreg(high, linreg_length, 0) : high
blow = lin_reg ? ta.linreg(low, linreg_length, 0) : low
bclose = lin_reg ? ta.linreg(close, linreg_length, 0) : close
r = bopen < bclose
signal = sma_signal ? ta.sma(bclose, signal_length) : ta.ema(bclose, signal_length)
plotcandle(r ? bopen : na, r ? bhigh : na, r ? blow: na, r ? bclose : na, title="LinReg Candles", color=color.green, wickcolor=color.green, bordercolor=color.green)
plotcandle(r ? na : bopen, r ? na : bhigh, r ? na : blow, r ? na : bclose, title="LinReg Candles", color=color.red, wickcolor=color.red, bordercolor=color.red)
plot(signal, color=color.white)
