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.
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:
Predefined horizontal lines:
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.
7. User-Friendly Interface:
Display Customization: Toggle features such as divergence calculations for optimized performance.
Tooltips: Helpful guidance for input settings to ensure ease of use.
8. Learn Trading on @thejamiul :
Are you looking to deepen your trading knowledge and consistently make profitable trades? Join on @thejamiul, where I share in-depth tutorials, market insights, and strategies to master technical analysis. Subscribe now to learn how to use this indicator effectively and elevate your trading game! Go to - @thejamiul
Usage
This indicator is ideal for traders looking to :
1. Identify overbought and oversold conditions visually.
2. Detect potential reversals with divergence analysis.
3. Customize RSI settings for specific trading strategies.
4. Receive real-time alerts for divergence opportunities.
Chỉ báo và chiến lược
Price Action BoxBu Pine Script™ kodu, fiyat aksiyonuna dayalı bir gösterge oluşturarak piyasadaki arz (supply) ve talep (demand) bölgelerini çizmeye yönelik bir analiz sunar. Aşağıda, bu kodun işlevsel bileşenlerini daha detaylı olarak açıklıyorum:
Genel Amaç:
Bu gösterge, belirli bir periyotta swing high ve swing low seviyelerini belirleyerek bu seviyelere dayalı arz ve talep bölgelerini çizer. Aynı zamanda bu bölgelerin kırılması durumunda BOS (Break of Structure) işaretleri ekler.
Kodu Detaylandırma:
1. Ayarlar ve Kullanıcı Girdileri:
Swing High/Low Length: Swing yüksek ve düşük seviyelerinin belirlenmesinde kullanılan periyot. Bu, kullanıcı tarafından ayarlanabilir.
History To Keep: Göstergede geçmişteki arz ve talep bölgelerinin sayısını belirtir.
Supply/Demand Box Width: Arz ve talep kutularının genişliği, yani ATR'ye (Average True Range) göre ne kadar genişlik bırakılacağı belirlenir.
Visual Settings: Göstergeyi kişiselleştirmek için renkler ve etiketler için ayarlar.
2. İşlevler:
f_array_add_pop: Yeni bir değer ekler ve en eski değeri diziden çıkarır. Bu işlev, belirli sayıda veriyi saklamak için kullanılır.
f_sh_sl_labels: Swing yüksek ve düşük seviyelerine etiket ekler. Bu etiketler "HH", "HL", "LH", "LL" gibi fiyat aksiyonunu gösteren etiketlerdir.
f_check_overlapping: Yeni bir talep veya arz bölgesi çizilmeden önce mevcut bölgelerle örtüşüp örtüşmediğini kontrol eder. Eğer örtüşme varsa yeni bir bölge çizilmez.
f_supply_demand: Arz ve talep bölgelerini çizer. Bu fonksiyon, arz ve talep seviyelerinin üst ve alt sınırlarını belirleyip bir kutu çizer.
f_sd_to_bos: Eğer arz veya talep bölgesi kırılırsa, bölgeyi "BOS" (Break of Structure) olarak değiştirir.
f_extend_box_endpoint: Mevcut arz ve talep kutularını günceller, sağ sınırlarını bir sonraki bar indexine uzatır.
3. Hesaplamalar:
ATR (Average True Range): Fiyatın volatilitesini ölçmek için kullanılır. Bu, arz ve talep kutularının boyutlarını belirlemek için temel alınan değerdir.
Swing High ve Swing Low: Swing yüksek ve düşük seviyeleri, belirli bir periyot içindeki en yüksek ve en düşük fiyatlar kullanılarak hesaplanır.
Box Array ve POI (Point of Interest): Çizilen arz ve talep kutularının bir koleksiyonu ve bu kutuların içinde bulunan ilgilenilen seviyeler.
4. Ana Hesaplamalar ve Eylemler:
Yeni Swing High veya Swing Low Oluşumu: Eğer yeni bir swing yüksek veya düşük oluşursa, bu seviyeler kaydedilir ve talep veya arz bölgeleri çizilir.
BOS (Break of Structure): Eğer fiyat, arz veya talep bölgesini kırarsa, bu bölgeyi "BOS" olarak işaretler.
Kutuların Uzatılması: Arz ve talep kutuları, mevcut bar indexine göre sürekli olarak uzatılır.
Görsel Özellikler:
Supply (Arz) ve Demand (Talep) Bölgeleri: Arz bölgeleri kırmızı, talep bölgeleri yeşil renkte çizilir. Ayrıca, bölgelerin etrafında bir sınır rengi de belirlenmiştir.
POI Etiketleri: Her arz ve talep bölgesinin ortasında POI (Point of Interest) etiketi gösterilir.
BOS Etiketleri: Kırılmış arz veya talep bölgelerinin üzerine BOS etiketi eklenir.
Kullanıcı Girdileriyle Özelleştirme:
Show Price Action Labels: Fiyat aksiyon etiketlerinin görünürlüğünü ayarlamak için bir seçenek. Bu etiketler swing high ve low seviyelerini belirtir.
Farklı Renk ve Boyut Seçenekleri: Arz ve talep bölgeleri için renkler ve POI etiketleri için renkler kullanıcı tarafından özelleştirilebilir.
Sonuç:
Bu Pine Script™, piyasada arz ve talep bölgelerini izlemek, önemli fiyat seviyelerini belirlemek ve bu bölgelerdeki fiyat hareketlerini analiz etmek için kapsamlı bir araç sağlar. Klasik fiyat aksiyon yöntemlerine dayalı olarak arz ve talep bölgelerinin yanı sıra bu bölgelerin kırılmasını tespit ederek işlem fırsatlarını işaret eder.
SUPER TOOLIt has three indicators.intraday Works very beautifully.
Rsi 60 above.. adx 25. above
Time frame 3 minutes.
SCALPING 5MIN MACD & RSI with EMA20-200X: @IMAN_INJ
1. MACD (Moving Average Convergence Divergence)
Displays as a four-colored histogram.
Lime Green: Bullish momentum increasing.
Green: Bullish momentum decreasing.
Maroon: Bearish momentum increasing.
Red: Bearish momentum decreasing.
A zero line is added for trend confirmation.
2. RSI (Relative Strength Index)
Calculates RSI values based on the closing price.
Detects overbought (above 70) and oversold (below 25) zones.
Signals:
"Buy" appears when RSI crosses above 25 (oversold condition).
"Sell" appears when RSI crosses below 70 (overbought condition).
3. Buy/Sell Signal Placement
Signals are plotted on the MACD histogram to align RSI conditions with MACD momentum.
Green Labels: Indicate "Buy" opportunities.
Red Labels: Indicate "Sell" opportunities.
Adaptive Trend Flow Strategy with Filters for SPXThe Adaptive Trend Flow Strategy with Filters for SPX is a complete trading algorithm designed to identify traits and offer actionable alerts for the SPX index. This Pine Script approach leverages superior technical signs and user-described parameters to evolve to marketplace conditions and optimize performance.
Key Features and Functionality
Dynamic Trend Detection: Utilizes a dual EMA-based totally adaptive method for fashion calculation.
The script smooths volatility the usage of an EMA filter and adjusts sensitivity through the sensitivity enter. This allows for real-time adaptability to market fluctuations.
Trend Filters for Precision:
SMA Filter: A Simple Moving Average (SMA) guarantees that trades are achieved best while the rate aligns with the shifting average trend, minimizing false indicators.
MACD Filter: The Moving Average Convergence Divergence (MACD) adds some other layer of confirmation with the aid of requiring alignment among the MACD line and its sign line.
Signal Generation:
Long Signals: Triggered when the fashion transitions from bearish to bullish, with all filters confirming the pass.
Short Signals: Triggered while the trend shifts from bullish to bearish, imparting opportunities for final positions.
User Customization:
Adjustable parameters for EMAs, smoothing duration, and sensitivity make certain the strategy can adapt to numerous buying and selling patterns.
Enable or disable filters (SMA or MACD) based totally on particular market conditions or consumer possibilities.
Leverage and Position Sizing: Incorporates a leverage aspect for dynamic position sizing.
Automatically calculates the exchange length based on account fairness and the leverage element, making sure hazard control is in area.
Visual Enhancements: Plots adaptive fashion ranges (foundation, top, decrease) for actual-time insights into marketplace conditions.
Color-coded bars and heritage to visually represent bullish or bearish developments.
Custom labels indicating crossover and crossunder occasions for clean sign visualization.
Alerts and Automation: Configurable alerts for each lengthy and quick indicators, well matched with automated buying and selling structures like plugpine.Com.
JSON-based alert messages consist of account credentials, motion type, and calculated position length for seamless integration.
Backtesting and Realistic Assumptions: Includes practical slippage, commissions, and preliminary capital settings for backtesting accuracy.
Leverages excessive-frequency trade sampling to make certain strong strategy assessment.
How It Works
Trend Calculation: The method derives a principal trend basis with the aid of combining fast and gradual EMAs. It then uses marketplace volatility to calculate adaptive upper and decrease obstacles, creating a dynamic channel.
Filter Integration: SMA and MACD filters work in tandem with the fashion calculation to ensure that handiest excessive-probability signals are accomplished.
Signal Execution: Signals are generated whilst the charge breaches those dynamic tiers and aligns with the fashion and filters, ensuring sturdy change access situations.
How to Use
Setup: Apply the approach to SPX or other well suited indices.
Adjust person inputs, together with ATR length, EMA smoothing, and sensitivity, to align together with your buying and selling possibilities.
Enable or disable the SMA and MACD filters to test unique setups.
Alerts: Configure signals for computerized notifications or direct buying and selling execution through third-celebration systems.
Use the supplied JSON payload to integrate with broking APIs or automation tools.
Optimization:
Experiment with leverage, filter out settings, and sensitivity to find most effective configurations to your hazard tolerance and marketplace situations.
Considerations and Best Practices
Risk Management: Always backtest the method with realistic parameters, together with conservative leverage and commissions.
Market Suitability: While designed for SPX, this method can adapt to other gadgets by means of adjusting key parameters.
Limitations: The method is trend-following and can underperform in enormously risky or ranging markets. Regularly evaluate and modify parameters primarily based on recent market conduct.
If you have any questions please let me know - I'm here to help!
OBV TSI IndicatorThe OBV TSI Indicator combines two powerful technical analysis tools: the On-Balance Volume (OBV) and the True Strength Index (TSI). This hybrid approach provides insights into both volume dynamics and momentum, helping traders identify potential trend reversals, breakouts, or continuations with greater accuracy.
The OBV TSI Indicator tracks cumulative volume shifts via OBV and integrates the TSI for momentum analysis. It offers customizable moving average options for further smoothing. Visual trendlines, pivot points, and signal markers enhance clarity.
The OBV tracks volume flow by summing volumes based on price changes. Positive volume is added when prices rise, and negative volume is subtracted when prices fall. The result is smoothed to detect meaningful trends in volume. A volume spread is derived from the difference between the smoothed OBV and cumulative volume. This is then adjusted by the price deviation to generate the shadow spread, which highlights critical volume-driven price levels.
The shadow spread is added to either the high or low price, depending on its sign, producing a refined OBV output. This serves as the main source for the subsequent TSI calculation. The TSI is a momentum oscillator calculated using double-smoothed price changes. It provides an accurate measure of trend strength and direction.
Various moving average options, such as EMA, DEMA, or TEMA, are applied to the smoothed OBV for additional trend filtering. Users can select their preferred type and length to suit their trading strategy. Trendlines are plotted to visualize the overall direction. When a significant change in trend is detected, up or down arrows indicate potential buy or sell signals. The script identifies key pivot points based on the highest and lowest levels within a defined period. These pivots help pinpoint reversal zones.
The indicator offers customization options, allowing users to adjust the OBV length for smoothing, choose from various moving average types, and fine-tune the short, long, and signal periods for TSI. Additionally, users can toggle visibility for trendlines, signals, and pivots to suit their preferences.
This indicator is ideal for practical use cases such as spotting potential trend reversals by observing TSI crossovers and pivot levels, anticipating breakouts from key price levels using the shadow spread, and validating trends by aligning TSI signals with OBV and moving averages.
The OBV TSI Indicator is a versatile tool designed to enhance decision-making in trading by combining volume and momentum analysis. Its flexibility and visual aids make it suitable for traders of all experience levels. By leveraging its insights, you can confidently navigate market trends and improve your trading outcomes.
Scalper ProThis script is a Scalper Pro
) indicator, designed to detect potential zones of market support and resistance by analyzing price behavior over a given number of bars. It includes two primary components:
1. Small Arrows (PTZ Identification):
Small green arrows are plotted below bars when a new high is detected compared to the left-hand lookback period (h_left).
Small red arrows are plotted above bars when a new low is detected.
2. Large Arrows Replaced with Labels (TZ Confirmation):
Instead of large arrows, it displays a "BUY" label below bars when the current low is the lowest point within both the left-hand (h_left) and right-hand (h_right) lookback periods.
Similarly, a "SELL" label is displayed above bars when the current high is the highest point within these periods.
3. Channel Visualization:
Displays the highest high and lowest low of the left-hand lookback period as channels, helping traders visualize price boundaries.
4. Probability Calculation:
Computes the percentage of confirmed transient zones (BUY and SELL labels) out of the sample period to help users evaluate the reliability of the indicator's signals.
توضیحات به فارسی:
این اسکریپت یک اندیکاتور Scalper Pro
است که برای شناسایی مناطق احتمالی حمایت و مقاومت بازار طراحی شده است. این اندیکاتور با تحلیل رفتار قیمت در تعداد مشخصی از کندلها، این مناطق را مشخص میکند. اجزای اصلی این اندیکاتور عبارتند از:
1. فلشهای کوچک (شناسایی PTZ):
فلشهای سبز کوچک زمانی زیر کندلها رسم میشوند که قیمت یک سقف جدید نسبت به دوره نگاهبهعقب سمت چپ (h_left) ثبت کند.
فلشهای قرمز کوچک زمانی بالای کندلها رسم میشوند که قیمت یک کف جدید ثبت کند.
2. جایگزینی فلشهای بزرگ با برچسبها (تأیید TZ):
بهجای فلشهای بزرگ، برچسب "BUY" زیر کندلها نمایش داده میشود، اگر کف فعلی کمترین نقطه در دوره نگاهبهعقب چپ (h_left) و راست (h_right) باشد.
برچسب "SELL" بالای کندلها نمایش داده میشود، اگر سقف فعلی بیشترین نقطه در این دورهها باشد.
3. نمایش کانال:
کانالهای بالاترین سقف و پایینترین کف دوره نگاهبهعقب چپ (h_left) رسم میشوند تا مرزهای حرکت قیمت را نشان دهند.
4. محاسبه احتمالات:
درصد مناطق تاییدشده (BUY و SELL) را از کل دوره نمونه محاسبه میکند تا قابلیت اطمینان سیگنالها را ارزیابی کند.
این اندیکاتور برای شناسایی فرصتهای معاملاتی مبتنی بر بازگشت یا شکست قیمت در این مناطق مناسب است.
Suggested Names:
1. ZoneHunter
2. TZ Analyzer
3. Reversal Zone Indicator
4. Price Zone Scanner
5. Support/Resistance Predictor
6. TZ Trend Marker
7. Pivot Zone Detector
BullBear with Volume-Percentile TP - Strategy [presentTrading] Happy New Year, everyone! I hope we have a fantastic year ahead.
It's been a while since I published an open script, but it's time to return.
This strategy introduces an indicator called Bull Bear Power, combined with an advanced take-profit system, which is the main innovative and educational aspect of this script. I hope all of you find some useful insights here. Welcome to engage in meaningful exchanges. This is a versatile tool suitable for both novice and experienced traders.
█ Introduction and How it is Different
Unlike traditional strategies that rely solely on price or volume indicators, this approach combines Bull Bear Power (BBP) with volume percentile analysis to identify optimal entry and exit points. It features a dynamic take-profit mechanism based on ATR (Average True Range) multipliers adjusted by volume and percentile factors, ensuring adaptability to diverse market conditions. This multifaceted strategy not only improves signal accuracy but also optimizes risk management, distinguishing it from conventional trading methods.
BTCUSD 6hr performance
Disable the visualization of Bull Bear Power (BBP) to clearly view the Z-Score.
█ Strategy, How it Works: Detailed Explanation
The BBP Strategy with Volume-Percentile TP utilizes several interconnected components to analyze market data and generate trading signals. Here's an overview with essential equations:
🔶 Core Indicators and Calculations
1. Exponential Moving Average (EMA):
- **Purpose:** Smoothens price data to identify trends.
- **Formula:**
EMA_t = (Close_t * (2 / (lengthInput + 1))) + (EMA_(t-1) * (1 - (2 / (lengthInput + 1))))
- Usage: Baseline for Bull and Bear Power.
2. Bull and Bear Power:
- Bull Power: `BullPower = High_t - EMA_t`
- Bear Power: `BearPower = Low_t - EMA_t`
- BBP:** `BBP = BullPower + BearPower`
- Interpretation: Positive BBP indicates bullish strength, negative indicates bearish.
3. Z-Score Calculation:
- Purpose: Normalizes BBP to assess deviation from the mean.
- Formula:
Z-Score = (BBP_t - bbp_mean) / bbp_std
- Components:
- `bbp_mean` = SMA of BBP over `zLength` periods.
- `bbp_std` = Standard deviation of BBP over `zLength` periods.
- Usage: Identifies overbought or oversold conditions based on thresholds.
🔶 Volume Analysis
1. Volume Moving Average (`vol_sma`):
vol_sma = (Volume_1 + Volume_2 + ... + Volume_vol_period) / vol_period
2. Volume Multiplier (`vol_mult`):
vol_mult = Current Volume / vol_sma
- Thresholds:
- High Volume: `vol_mult > 2.0`
- Medium Volume: `1.5 < vol_mult ≤ 2.0`
- Low Volume: `1.0 < vol_mult ≤ 1.5`
🔶 Percentile Analysis
1. Percentile Calculation (`calcPercentile`):
Percentile = (Number of values ≤ Current Value / perc_period) * 100
2. Thresholds:
- High Percentile: >90%
- Medium Percentile: >80%
- Low Percentile: >70%
🔶 Dynamic Take-Profit Mechanism
1. ATR-Based Targets:
TP1 Price = Entry Price ± (ATR * atrMult1 * TP_Factor)
TP2 Price = Entry Price ± (ATR * atrMult2 * TP_Factor)
TP3 Price = Entry Price ± (ATR * atrMult3 * TP_Factor)
- ATR Calculation:
ATR_t = (True Range_1 + True Range_2 + ... + True Range_baseAtrLength) / baseAtrLength
2. Adjustment Factors:
TP_Factor = (vol_score + price_score) / 2
- **vol_score** and **price_score** are based on current volume and price percentiles.
Local performance
🔶 Entry and Exit Logic
1. Long Entry: If Z-Score crosses above 1.618, then Enter Long.
2. Short Entry: If Z-Score crosses below -1.618, then Enter Short.
3. Exiting Positions:
If Long and Z-Score crosses below 0:
Exit Long
If Short and Z-Score crosses above 0:
Exit Short
4. Take-Profit Execution:
- Set multiple exit orders at dynamically calculated TP levels based on ATR and adjusted by `TP_Factor`.
█ Trade Direction
The strategy determines trade direction using the Z-Score from the BBP indicator:
- Long Positions:
- Condition: Z-Score crosses above 1.618.
- Short Positions:
- Condition: Z-Score crosses below -1.618.
- Exiting Trades:
- Long Exit: Z-Score drops below 0.
- Short Exit: Z-Score rises above 0.
This approach aligns trades with prevailing market trends, increasing the likelihood of successful outcomes.
█ Usage
Implementing the BBP Strategy with Volume-Percentile TP in TradingView involves:
1. Adding the Strategy:
- Copy the Pine Script code.
- Paste it into TradingView's Pine Editor.
- Save and apply the strategy to your chart.
2. Configuring Settings:
- Adjust parameters like EMA length, Z-Score thresholds, ATR multipliers, volume periods, and percentile settings to match your trading preferences and asset behavior.
3. Backtesting:
- Use TradingView’s backtesting tools to evaluate historical performance.
- Analyze metrics such as profit factor, drawdown, and win rate.
4. Optimization:
- Fine-tune parameters based on backtesting results.
- Test across different assets and timeframes to enhance adaptability.
5. Deployment:
- Apply the strategy in a live trading environment.
- Continuously monitor and adjust settings as market conditions change.
█ Default Settings
The BBP Strategy with Volume-Percentile TP includes default parameters designed for balanced performance across various markets. Understanding these settings and their impact is essential for optimizing strategy performance:
Bull Bear Power Settings:
- EMA Length (`lengthInput`): 21
- **Effect:** Balances sensitivity and trend identification; shorter lengths respond quicker but may generate false signals.
- Z-Score Length (`zLength`): 252
- **Effect:** Long period for stable mean and standard deviation, reducing false signals but less responsive to recent changes.
- Z-Score Threshold (`zThreshold`): 1.618
- **Effect:** Higher threshold filters out weaker signals, focusing on significant market moves.
Take Profit Settings:
- Use Take Profit (`useTP`): Enabled (`true`)
- **Effect:** Activates dynamic profit-taking, enhancing profitability and risk management.
- ATR Period (`baseAtrLength`): 20
- **Effect:** Shorter period for sensitive volatility measurement, allowing tighter profit targets.
- ATR Multipliers:
- **Effect:** Define conservative to aggressive profit targets based on volatility.
- Position Sizes:
- **Effect:** Diversifies profit-taking across multiple levels, balancing risk and reward.
Volume Analysis Settings:
- Volume MA Period (`vol_period`): 100
- **Effect:** Longer period for stable volume average, reducing the impact of short-term spikes.
- Volume Multipliers:
- **Effect:** Determines volume conditions affecting take-profit adjustments.
- Volume Factors:
- **Effect:** Adjusts ATR multipliers based on volume strength.
Percentile Analysis Settings:
- Percentile Period (`perc_period`): 100
- **Effect:** Balances historical context with responsiveness to recent data.
- Percentile Thresholds:
- **Effect:** Defines price and volume percentile levels influencing take-profit adjustments.
- Percentile Factors:
- **Effect:** Modulates ATR multipliers based on price percentile strength.
Impact on Performance:
- EMA Length: Shorter EMAs increase sensitivity but may cause more false signals; longer EMAs provide stability but react slower to market changes.
- Z-Score Parameters:*Longer Z-Score periods create more stable signals, while higher thresholds reduce trade frequency but increase signal reliability.
- ATR Multipliers and Position Sizes: Higher multipliers allow for larger profit targets with increased risk, while diversified position sizes help in securing profits at multiple levels.
- Volume and Percentile Settings: These adjustments ensure that take-profit targets adapt to current market conditions, enhancing flexibility and performance across different volatility environments.
- Commission and Slippage: Accurate settings prevent overestimation of profitability and ensure the strategy remains viable after accounting for trading costs.
Conclusion
The BBP Strategy with Volume-Percentile TP offers a robust framework by combining BBP indicators with volume and percentile analyses. Its dynamic take-profit mechanism, tailored through ATR adjustments, ensures that traders can effectively capture profits while managing risks in varying market conditions.
Shark FireEnglish Description for TradingView
**Script Name: Shark Fire Indicator**
**Description:**
The Shark Fire Indicator is a powerful tool designed for traders who want to identify potential price movements based on triangle patterns. This script analyzes historical price data and detects triangle formations, providing forecasts for future price levels.
**Key Features:**
- **Triangle Detection:** Automatically identifies ascending, descending, and symmetrical triangles based on the price action of the last 15 bars.
- **Price Forecasting:** Calculates potential future price levels based on current market trends and the identified triangle patterns.
- **Visual Representation:** Draws forecast boxes on the chart to help traders visualize potential price movements, along with lines representing predicted price levels.
- **User -Friendly:** Easy to integrate with your existing TradingView setup, allowing for seamless analysis of market trends.
Use the Shark Fire Indicator to enhance your trading strategy and make informed decisions based on visualized price forecasts!
Русское Описание для TradingView
**Название скрипта: Индикатор Shark Fire**
**Описание:**
Индикатор Shark Fire — это мощный инструмент, разработанный для трейдеров, желающих выявить потенциальные движения цен на основе треугольных паттернов. Этот скрипт анализирует исторические данные по ценам и обнаруживает фигуры треугольников, предоставляя прогнозы будущих уровней цен.
**Ключевые особенности:**
- **Обнаружение треугольников:** Автоматически определяет восходящие, нисходящие и симметричные треугольники на основе ценового движения последних 15 баров.
- **Прогнозирование цен:** Рассчитывает потенциальные будущие уровни цен на основе текущих рыночных трендов и выявленных треугольных паттернов.
- **Визуальное представление:** Рисует прогнозные боксы на графике, чтобы помочь трейдерам визуализировать потенциальные движения цен, а также линии, представляющие прогнозируемые уровни цен.
- **Удобство использования:** Легко интегрируется в вашу существующую настройку TradingView, позволяя бесшовно анализировать рыночные тренды.
Используйте индикатор Shark Fire для улучшения вашей торговой стратегии и принятия обоснованных решений на основе визуализированных прогнозов цен!
ALGOX V6 Best Buy Sell Indicator..............
The buy-sell indicator on TradingView helps traders identify trends and make trading decisions:
Trend direction
The indicator uses a combination of volatility and SMA to determine the trend's strength and direction. Channels are color-coded to indicate the trend: green for uptrend and orange for downtrend.
Buy and sell signals
The indicator generates buy signals when bullish conditions align with oversold RSI levels, and sell signals when bearish conditions align with overbought RSI levels.
Exit signals
The indicator provides optional exit points for long and short positions.
High-Frequency EMA Scalping Strategy for CryptoThe High-Frequency EMA Scalping Strategy is designed for active traders who seek frequent trading opportunities. This strategy uses fast EMA crossovers with dynamic ATR-based stop-loss and take-profit levels to capture short-term trends in high-volatility markets.
Features:
Fast EMAs: Short EMA lengths (default: 3 and 8) provide rapid signals for high-frequency trading.
Dynamic Position Sizing: Risk is dynamically managed using ATR and account equity for consistent risk across trades.
Scalping Logic: Tight stop-loss and reward settings enable quick exits and multiple trades per session.
How to Use:
Apply the script to a chart with a 1-minute or 5-minute timeframe for maximum trade frequency.
Optimize parameters for specific assets and market conditions.
Use dynamic or fixed position sizing based on your preference.
Disclaimer: Past performance is not indicative of future results. Use this strategy at your own risk and adjust parameters for live trading.
ATR Neutral Candles IndicatorKey Elements of the Neutral Candles Indicator:
ATR (Average True Range):
The ATR measures the volatility of a market by calculating the average of the true range over a given period.
A low ATR indicates that the price is moving within a narrow range, which typically signals a period of consolidation or neutral market behavior.
Conversely, a high ATR signals higher volatility and possible trend development.
Neutral (Limit) Candles:
The Neutral Candle is a visual marker that highlights low-volatility periods on the chart.
These periods are often marked by candles with smaller ranges, signifying a lack of significant price movement.
When the ATR falls below a predefined threshold, it triggers the neutral candle, usually represented in a specific color, such as yellow or gray.
Volatility Threshold:
The limit or threshold for neutral candles is typically defined by a user-input value for the ATR (Average True Range).
When the ATR value is below this threshold, it implies that the market is in a low-volatility phase, and the candle is labeled as neutral.
Candle Color:
The neutral candles are often visually differentiated from the regular candles to make them stand out.
For example, when the ATR is below a certain level, the candles can be colored yellow or another color to highlight these periods of consolidation or low volatility.
Use in Trading:
Neutral candles are often used by traders to:
Identify periods of low volatility: These periods can be potential breakouts or breakdowns, as low volatility phases often precede sharp price movements.
Confirm consolidation: The market may be consolidating before making a directional move.
Avoid trading in low-volatility periods: Some traders prefer to avoid entering trades during low volatility, as these conditions might lead to unclear price action or small, range-bound moves.
BAML Strategy (SPXL) - testbacktest of strategy based on BAML credit spread
330d ema
180 days horizon to define local top/highs
all major parameters could be adjusted
NOT finalized and polish - could contain some errors
Market Structure Break with Retest (Multi-timeframe)Giriş
Piyasa yapısının kırılımlarını (Market Structure Break - MSB) analiz etmek, özellikle trendlerin değişim noktalarını belirlemek için son derece önemlidir. Bu Pine Script™, belirli bir zaman diliminde MSB noktalarını tespit eder ve potansiyel retest (yeniden test) bölgelerini görselleştirir. Ayrıca bu bölgelerde alım-satım kararlarını destekleyecek kutular ve etiketler oluşturur.
Bu script, hem yeni başlayanlar hem de ileri seviye kullanıcılar için piyasa analizi süreçlerini kolaylaştırmayı hedefler.
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Özellikler
1. Zaman Dilimi Seçimi: Kullanıcı, analiz yapmak istediği zaman dilimini belirleyebilir.
2. En Yüksek ve En Düşük Noktalar: Belirtilen zaman diliminde en yüksek ve en düşük fiyatları dinamik olarak hesaplar.
3. Piyasa Yapısı Kırılımı (MSB):
Fiyatın, önceki en yüksek seviyeyi aşması durumunda "Bullish Break" (yükseliş kırılımı).
Fiyatın, önceki en düşük seviyenin altına düşmesi durumunda "Bearish Break" (düşüş kırılımı).
4. Retest Bölgeleri: MSB sonrası fiyatın bu seviyelere geri dönüp dönmediğini kontrol eder ve bu alanları etiketler.
5. Görselleştirme:
Kırılım bölgeleri için kutular çizer.
Retest noktalarını dinamik etiketlerle işaretler.
6. Kişiselleştirilebilirlik: Kullanıcı, kutuların renklerini, çizgi kalınlığını ve analiz süresini özelleştirebilir.
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Kullanım Alanları
Destek ve Direnç Tespiti: Fiyatın önemli destek ve direnç bölgelerinde nasıl hareket ettiğini analiz etmek için idealdir.
Trend Dönüşlerini Yakalamak: Yükseliş ve düşüş trendlerinin başlangıç noktalarını tespit etmek için kullanılabilir.
Retest Stratejileri: Fiyatın kırılım sonrası bu seviyelere geri dönmesini gözlemleyerek işlem kararlarını destekler.
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Kodun Mantığı
1. Zaman Diliminde En Yüksek ve En Düşük Fiyatlar:
Belirlenen zaman diliminde length parametresine göre en yüksek ve en düşük fiyatları hesaplar.
2. Kırılım Tespiti:
Fiyatın önceki en yüksek veya en düşük seviyeyi aşıp aşmadığını kontrol eder.
3. Kutu ve Etiketler:
Kırılım sonrası kutular dinamik olarak oluşturulur.
Retest bölgelerinde etiketler belirir:
4. Kişiselleştirme: Kullanıcı kutu renklerini, çizgi kalınlığını ve analiz süresini kolaylıkla ayarlayabilir:
Analiz süresini ve renkleri kendi işlem stratejinize göre özelleştirin.
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Sonuç
Bu script, piyasa yapısı kırılımlarını ve retest bölgelerini görselleştirerek işlem stratejilerinizi optimize etmenize yardımcı olur. Zaman dilimlerine uygun dinamik yapı ve kişiselleştirilebilir ayarlarla güçlü bir analiz aracı sunar.
TradingView'de yeni stratejiler geliştirmek ve işlem kararlarınızı daha bilinçli bir şekilde almak için bu aracı hemen kullanmaya başlayın!
MarktQuants Supertrend"MarktQuants Supertrend" is an indicator designed to help traders visualize market trends using a combination of moving averages and dynamic range calculations. It adapts to market conditions, providing insights into potential trend directions:
Trend Identification:
Utilizes a customizable moving average (MA Type) with options like SMA, EMA, SMMA, WMA, VWMA, TEMA, DEMA, LSMA, HMA, or ALMA to smooth price action.
Calculates a dynamic range based on the highest high over a specified period (Length), adjusted by multipliers (Multiplier Alpha and Multiplier Beta).
Signal Generation:
The indicator assesses price relative to both the moving average and the calculated range (Average Range or Lookback Alpha and Beta).
Scores are computed to determine if the price action suggests a long (bullish) or short (bearish) trend via crossover signals from these scores.
Visual Indicators:
Candlesticks: The color changes based on the trend direction; greenish for long conditions and purplish for short conditions, enhancing visual trend recognition.
Moving Average Line: Plotted in semi-transparent color matching the trend, with a bold line for clarity.
Range Indicator: A line representing the average range, filled with semi-transparent color to show potential support or resistance levels.
Customization:
Users can toggle between using the average range or specific lookback periods for trend signals via the Use Average Range option.
Adjustable parameters for the moving average and range calculations allow for fine-tuning to various market instruments or trading styles.
Inputs:
Range Settings:
Length: Defines the period for calculating the highest high.
Lookback Alpha & Lookback Beta: Different lookback periods for range calculation.
Multiplier Alpha & Multiplier Beta: Multipliers for adjusting the range.
Use Average Range: Switch to use average or specific range for signals.
Source: Pick the preferred source for the range calculations.
Moving Average Settings:
Type: Choice of moving average type.
Length: Length of the moving average.
Source: The price source for the moving average calculation (default is close price).
Alert Options:
MQ - Supertrend Long for Long trades (Buy) when the Long Condition is met.
MQ - Supertrend Short for Short trades (Sell) when the Short Condition is met.
Note: This indicator is best used alongside other analysis tools to confirm trends and signals. Always consider the broader market context.
Gann Levels 180Description:
The Gann Levels 180 indicator dynamically identifies and plots key Gann levels closest to the current market price (CMP). It highlights the nearest two levels above and below the CMP, along with additional extensions for a broader view of price action. Customizable line colors allow for personalized visualization. This tool is ideal for traders seeking to incorporate Gann-based technical levels into their strategy for identifying potential support and resistance zones.
Darvas Box with EMA CrossoversThis indicator combines three powerful tools to help traders make informed decisions:
Darvas Box Levels: Automatically detects potential support and resistance zones based on the highest highs and lowest lows over a specified period. This helps identify price consolidation and breakout zones.
EMA Crossovers: Includes two Exponential Moving Averages (EMAs) with customizable periods. Bullish and bearish crossover signals are visually marked on the chart for trend-following strategies.
Bollinger Bands: Plots Bollinger Bands with adjustable length and multiplier. These bands help identify volatility, potential overbought/oversold conditions, and dynamic support/resistance levels.
Features:
Adjustable inputs for Darvas Box length, EMA periods, and Bollinger Band settings.
Clear visual cues for EMA crossovers (buy/sell signals).
Dynamic support and resistance visualization with Darvas Boxes.
Bollinger Bands for tracking price volatility and potential reversals.
Use this indicator for trend analysis, breakout detection, and combining multiple confirmation signals for better trade entries and exits.
Use it along with RSI for better result.
Let me know if you’d like to tweak or expand on this description!
Dynamic Risk-Adjusted Performance Ratios with TableWith this indicator, you have everything you need to monitor and compare the Sharpe ratio, Sortino ratio, and Omega ratio across multiple assets—all in one place. This tool is designed to help save time and improve efficiency by letting you track up to 15 assets simultaneously in a fully customizable table. You can adjust the lookback period to fit your trading strategy and get a clearer picture of how your assets perform over time. Instead of switching between charts, this indicator puts all the critical information you need at your fingertips.
Sharpe Ratio -
Helps evaluate the overall efficiency of investments by comparing the average return to the total risk (measured by the standard deviation of all returns). Essentially, it tells you how much excess return you’re getting for each unit of risk you’re taking. A higher Sharpe ratio means you’re getting better risk-adjusted performance—something you’ll want to aim for in your portfolio.
Sortino Ratio -
Goes a step further by focusing only on downside risk—because let’s face it, no one worries about positive volatility. This ratio is calculated by dividing the average return by the standard deviation of only the negative returns. Perfect for those concerned about avoiding losses rather than chasing extreme gains. It gives you a sharper view of how well your assets are performing relative to the risks you’re trying to avoid.
Omega Ratio -
Offers a unique perspective by comparing the sum of positive returns to the absolute sum of negative returns. It’s a straightforward way to see if your wins outweigh your losses. A higher Omega ratio means your positive returns significantly exceed the downside, which is exactly what you want when building a strong, reliable portfolio.
This indicator is perfect for traders who want to streamline their decision-making process and gain an edge. Bringing together these three critical ratios into a single user-defined table makes it easy to compare and rank assets at a glance. Whether optimizing a portfolio or looking for the best opportunities, this tool helps you stay ahead by focusing on risk-adjusted returns. The customizable lookback period lets you tailor the analysis to fit your unique trading approach, giving you insights that align with your goals. If you’re serious about making data-driven decisions and improving your trading outcomes, this indicator is a game-changer for your toolkit.
GOLDEN Trading System by @thejamiulGolden Pivot by thejamiul is the ultimate trading companion, meticulously designed to provide traders with precise and actionable market levels for maximizing trading success. With its innovative blend of pivot systems, high/low markers, and customizable features, this indicator empowers you to execute trades with accuracy and confidence.
What Makes Golden Pivot Unique?
This indicator integrates multiple pivot methodologies and key levels into one powerful tool, making it suitable for a wide variety of trading strategies. Whether you're into breakout trading, virgin trades, or analyzing market trends, Golden Pivot Pro v5 has got you covered.
Key Features:
Camarilla Pivots:
Calculates H3, H4, H5, L3, L4, and L5 levels dynamically.
Helps identify strong support and resistance zones for reversal or breakout opportunities.
Floor Pivots:
Classic pivot point along with BC (Bottom Center) and TC (Top Center) levels for intraday and swing trading setups.
Multi-Timeframe High/Low Levels:
Plots static high/low markers for yearly, monthly, weekly, and daily timeframes.
Provides clarity on major market turning points and breakout zones.
Close Price Levels:
Highlights yearly, monthly, weekly, and daily close prices to aid in understanding market bias.
Custom Timeframe Selection:
Flexibly choose daily, weekly, monthly, or yearly pivot resolutions to suit your trading style and objectives.
Comprehensive Visualization:
Color-coded levels for quick recognition of significant zones.
Dynamic updates to adapt to changing market conditions seamlessly.
EXPONOVA:
In input tab you will get EXPONOVA, it is build with two ema and gradient colours. It is very important for trend identification because if we only use pivot, we can not tell the market direction easily. So if you use the EXPONOVA we can easily tell the market trend because when the market is in up trend the EXPONOVA will be green and when the market is in downtrend the EXPONOVA will be red. So if we use pivot and EXPONOVA together we can build a rubout strategy.
This indicator enables you to implement strategies like:
Breakout Trading: Identify critical levels where price might break out for momentum trades.
Virgin Trades: Use untouched levels for precision entries with minimal risk.
Trend Reversals: Spot overbought or oversold zones using Camarilla and Floor Pivots.
Range-Bound Markets: Utilize high/low levels to define boundaries and trade within the range.
How to Use Golden Pivot by @thejamiul for High-Accuracy Trading?
1. Breakout Trading If you like breakout trading then this indicator can help you a lot, here we will only take those trade which are broke green zone or red zone. Here green zone mean H3, to H4, and red zone mean L3, L4 . If price closes above green zone then we will plan to go Long and if price closes bellow red zone then we will plan to go Short.
As you can see on the chart when price break the green zone, the market shoot up!
2. Range-Bound Trading: When market are in range bound mode, usually we fear to take trade because we don't have clear idea about major support or resistance and how to take trade in such market. But if you use this indicator it will show you the major support and resistance zone which are red and green colours in this indicator. In range bound market, market usually trade between red zone and green zone so we can trade accordingly.
There are many high possibility trading strategy based on this indicator, but we can not fully understand by writing or reading. So to understand and use this indicator properly and to take high possibility trade I will suggest to watch tutorials about this indicator on @thejamiul.
Why Choose Golden Pivot by thejamiul?
With this tool, you’re not just getting pivot points—you’re unlocking a holistic framework to trade with up to 90% accuracy when used with the right strategies.
For an in-depth understanding of these strategies and how to achieve consistent profitability,
Explore detailed tutorials, trading setups, and exclusive tips to take your trading to the next level!
👉 @thejamiul
Multi-Timeframe Supertrend StrategyIndicator Name: Multi-Timeframe Supertrend Strategy
Description:
The Multi-Timeframe Supertrend Strategy is a powerful indicator designed to combine the insights of the Supertrend indicator across multiple timeframes to provide highly reliable trading signals. This strategy caters to traders who want to leverage the confluence of trend signals from different timeframes, enabling precise entry and exit points in various market conditions.
Key Features:
Multi-Timeframe Analysis:
Integrates Supertrend signals from the 15-minute, 5-minute, and 2-minute timeframes, offering a robust framework for identifying the prevailing trend with higher accuracy.
Buy and Sell Conditions:
Buy Signal: Triggered when the price is above the Supertrend lines in all three timeframes, indicating strong bullish momentum.
Sell Signal: Activated when the price drops below the 5-minute Supertrend, ensuring timely exits during trend reversals or pullbacks.
Trading Session Filter:
Includes a customizable trading session filter to limit signals to active trading hours (e.g., 9:30 AM to 3:30 PM), avoiding noise and signals outside preferred trading times.
End-of-Day Exit:
Automatically closes open positions at the end of the trading session, providing clarity and preventing overnight exposure.
Visualization:
Displays the Supertrend lines for each timeframe directly on the chart, color-coded to indicate bullish or bearish trends.
Plots buy and sell signals as clearly labeled markers for easy reference.
Alerts:
Supports customizable alerts for buy and sell signals, ensuring you never miss a trading opportunity.
Use Cases:
Ideal for intraday traders looking to align with short-term trends while maintaining a comprehensive multi-timeframe perspective.
Suitable for swing traders who want to time entries and exits based on strong confluence of trend signals.
Customization Options:
Adjustable parameters for the Supertrend indicator, including ATR Period and Multiplier, to tailor the sensitivity to your preferred trading style.
Configurable trading session times and timezones to suit your specific market or time preferences.
Follow Through Day (FTD) + Sweep [TrendX_]The Follow Through Day (FTD) + Sweep indicator is a Trend-following tool mixing William O'Neil's original FTD concept and Liquidity concept. This indicator helps you identify potential subsequent bullish trends with greater precision by combining volume analysis, price action, and liquidity concepts.
💎 FEATURES
Follow Through Day Candle (FTD Candle)
The FTD, pioneered by William O'Neil, serves as a reliable signal for identifying the beginning of new bull markets. It's particularly valuable because it combines multiple market factors - price action, volume, and timing - to confirm genuine market reversals rather than temporary bounces.
The power of the FTD lies in its ability to distinguish between ordinary market fluctuations and significant trend changes. By requiring specific criteria to be met across multiple sessions, it helps filter out false signals and identifies high-probability reversal points where institutional investors are likely beginning to accumulate positions.
Sweep Area
The Sweep area feature enhances the traditional FTD concept by incorporating modern liquidity analysis. This overlay identifies zones where large market participants are likely to trigger stop losses before continuing the trend. These areas often represent optimal entry points for traders looking to join the new uptrend with reduced risk.
🔎 BREAKDOWN
FTD Candle
The FTD formation process occurs in two distinct phases: Setup and Completion.
Setup Phase
Strong Market Decline
The market must first experience a significant downtrend
This selling pressure helps clear out weak hands and creates oversold conditions
The decline creates the potential energy for a powerful reversal
First Recovery Session
Marks the initial sign of buying pressure emerging
Often characterized by a strong reversal candle
Represents the first indication that selling pressure may be exhausting
Recovery Confirmation
The second and third days must maintain prices above the new pivot low
This consolidation period helps confirm the validity of the initial bounce
Shows that sellers are no longer in control of price action
Completion Phase:
Supply Test Session
Low volume indicates diminishing selling pressure
Price remains above the pivot low
Creates the foundation for institutional buyers to begin accumulating
Breakout Day
Price increase exceeds average profit of bullish candles
Volume increases by at least 15% compared to previous session
Shows strong institutional commitment to the new uptrend
Timing Window
Must occur between the 4th and 8th candle after First Recovery Session
This specific timing helps confirm the sustainability of the reversal
Based on O'Neil's research of historical market bottoms
FTD Sweep
The Post-FTD Phase introduces the Sweep concept, which is crucial for understanding how large market participants operate. This feature leverages the liquidity concept because institutional traders often need to trigger stop losses to accumulate larger positions at better prices. This helps:
Create liquidity pools for large position entries
Shake out weak hands before continuing the trend
Test the strength of the new trend by absorbing selling pressure
⚙️ USAGE
Sweep + TP & SL Strategy
Example: BTCUSDT (1D) - Replay back to 9th November 2024
After an FTD candle forms, traders can adopt a systematic approach to enhance their trading strategy. First, they should determine the swing range and convert the post-FTD zone into concrete stop loss and take profit levels, which are based on the price action during the FTD formation. Next, traders should wait for a sweep formation, as this indicates that institutional players are accumulating positions. A quick price rejection from the sweep level should be observed before executing an entry.
The reasoning behind this strategy is rooted in market microstructure. By waiting for the sweep, traders position themselves alongside institutional players who need to build large positions without causing adverse price movement. The sweep creates the liquidity they need, and the subsequent move often represents the true trend continuation.
DISCLAIMER
This indicator is not financial advice, it can only help traders make better decisions. There are many factors and uncertainties that can affect the outcome of any endeavor, and no one can guarantee or predict with certainty what will occur. Therefore, one should always exercise caution and judgment when making decisions based on past performance.
Dual Donchian Channel CloudsHere is a twist on the classic Donchian Channels indicators. Quickly, Donchian Channels show the current price relative to the highest or lowest close over a lookback period. This indicator adds a shorter high/low lookback period to the standard 20 period to create clouds. This makes it very easy to identify the current trend. A simple moving average of the middle line is displayed and acts like dynamic support or resistance since it represents an approximate 50% pullback from a recent high or low.
Trade signals (including reversals and re-entries) can be toggled on or off. These are triggered price moving a user defined number of standard deviations away from the middle line.
Happy Trading!
Last Earnings AVWAP
Indicator to automatically anchor a VWAP on last earnings. By anchoring to earnings events, this indicator helps traders identify significant price levels where institutional activity may cluster after fundamental catalysts.
Key features:
Automatically resets and recalculates VWAP from each earnings release
Detects high-volume breakouts using customizable volume threshold (default 1.5x average volume)
Includes visual alerts for potential breakout opportunities
Uses rolling volume analysis over 6 bars to filter out noise
Trading considerations:
The indicator can help identify institutional participation levels post-earnings, particularly useful for:
Tracking price acceptance above/below key earnings-anchored levels
Identifying potential support/resistance zones based on post-earnings price discovery
Filtering meaningful breakouts through volume confirmation
