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RSI-MACD Momentum Fusion Indicator(RMFI)📈 RSI-MACD Momentum Fusion Indicator (RMFI) The RMFI combines the strengths of two RSI variants with a dynamically adaptive MACD module into a powerful momentum oscillator ranging from 0 to 100. The goal is to unify converging momentum information from different perspectives into a clear, weighted overall signal. 🔧 Core Features RSI 1: Classic Wilder RSI, sensitive to short-term momentum. RSI 2: Modified RSI based on normalized price movement ranges (Range Momentum). MACD (3 Modes): Standardized (min/max-based) Fully adaptive (Z-score normalization) 50% adaptive (hybrid weighting of both approaches) Dynamic MACD mode selection (optional): Automatic switching of MACD normalization based on volatility levels (ATR-based). Signal Line: Smoothed average of all components to visualize momentum trends and crossovers. 🎯 Visualization Clear separation of overbought (>70) and oversold (<30) zones with color highlighting. Different colors based on the dynamic MACD mode – visually indicates how strongly the market adapts to volatility. ⚙️ Recommended Use Ideal for trend following, divergence confirmation (with external divergence logic), and momentum reversals. Particularly effective in volatile markets, as the MACD component adaptively responds to instability. © champtrades
Chỉ báo Pine Script®
của Champtrades_1
2
Intraday Uncertainty [PhenLabs]📊 Intraday Uncertainty Version: PineScript™ v6 📌 Description The Intraday Uncertainty indicator offers traders a visual representation of market certainty/uncertainty during trading sessions. By comparing each price bar’s range to the Average True Range (ATR), it provides an intuitive way to gauge market conviction through a color gradient system. This tool helps traders identify periods of high certainty (potentially trending markets) versus high uncertainty (potentially choppy or volatile markets) without complex calculations or multiple indicators. The color-coded bars create an immediate visual cue to support decision-making in varying market conditions. 🚀 Points of Innovation Automated range-to-ATR ratio calculation that adapts to changing market volatility Dynamic color gradient system that visually distinguishes between certain and uncertain price action Customizable gradient clamping to fine-tune sensitivity to market conditions Integrated dashboard that provides clear interpretation guidance Position-flexible legend that accommodates different chart layouts Highly optimized for performance with minimal calculation overhead 🔧 Core Components ATR Calculation: Measures market volatility using a configurable lookback period Range-to-ATR Ratio: Compares current bar’s high-low range against average volatility Gradient Mapping System: Converts numerical uncertainty values into an intuitive color scale Dashboard Legend: Provides clear interpretation guidance with customizable positioning 🔥 Key Features Bar Coloring: Instantly identifies market certainty levels through intuitive color gradients Customizable ATR Period: Adjust sensitivity to historical volatility based on trading style Gradient Clamping: Fine-tune the color sensitivity using the Range/ATR multiplier Color Customization: Personalize the color scheme to match your chart aesthetics Informative Dashboard: Quickly interpret color meanings with the optional on-chart legend Flexible Display Options: Customize dashboard position and text size for your chart layout 🎨 Visualization Color Gradient: Bars colored on a spectrum from green (high certainty) to red (high uncertainty) Dashboard Legend: Optional on-chart guide explaining the color interpretation Color Intensity: Stronger colors indicate more extreme certainty/uncertainty levels At-a-glance Interpretation: Quickly identify market conviction without analyzing numbers 📖 Usage Guidelines Calculation Settings ATR Period Default: 14 Range: 1+ Description: Controls the lookback period for ATR calculation. Lower values increase sensitivity to recent volatility, while higher values provide more stability. Gradient Clamp (Range/ATR Multiplier) Default: 2.0 Range: 0.1+ Description: Sets the maximum Range/ATR ratio for gradient scaling. Ranges above this value display the end color (high uncertainty). Color Settings Gradient Start Color (High Certainty) Default: Green Description: Color representing high market certainty (low Range/ATR ratio) Gradient End Color (Low Certainty) Default: Red Description: Color representing low market certainty (high Range/ATR ratio) Dashboard Settings Show Dashboard Legend Default: True Description: Toggles the visibility of the on-chart interpretation guide Dashboard Position Options: top_right, top_left, bottom_right, bottom_left, middle_right, middle_left Default: bottom_right Description: Controls the placement of the dashboard on your chart Dashboard Text Size Options: tiny, small, normal, large, huge Default: normal Description: Adjusts the text size of the dashboard for readability ✅ Best Use Cases Identifying potential trend shifts when certainty levels change dramatically Confirming trend strength through consistent certainty levels Detecting choppy/sideways markets with persistent high uncertainty Filtering trading signals from other indicators based on certainty levels Gauging market conviction behind price breakouts or pullbacks Optimizing entry/exit timing based on certainty/uncertainty transitions ⚠️ Limitations Does not predict future price direction, only measures current bar certainty May provide false signals during news events or unexpected volatility spikes Requires context within the broader market environment for optimal interpretation Color interpretation is relative rather than absolute across different securities ATR-based calculation means sensitivity varies across different timeframes 💡 What Makes This Unique Simplicity: Single visual indicator that doesn’t require multiple technical tools Adaptability: Automatically adjusts to changing market volatility conditions Contextual Analysis: Provides market conviction context beyond just price movement Intuitive Design: Color-based system that requires minimal learning curve Efficiency: Lightweight calculation that doesn’t impact chart performance 🔬 How It Works 1. ATR Calculation: Calculates the Average True Range using the specified period Establishes a baseline for normal market volatility 2. Range Analysis: Measures each bar’s high-low range Compares this range to the current ATR value to create a ratio 3. Gradient Mapping: Converts the Range/ATR ratio to a normalized value between 0 and 1 Maps this value onto a color gradient between the start and end colors Applies the resulting color to the price bar 4. Dashboard Creation: Constructs an information panel on the last visible bar Populates it with color samples and interpretation guidance 💡 Note: This indicator works best when used in conjunction with other technical analysis tools rather than in isolation. The certainty/uncertainty measure provides context for your trading decisions but should not be the sole basis for entries and exits. Consider using higher certainty periods for trend-following strategies and exercise caution during periods of high uncertainty.
Chỉ báo Pine Script®
của PhenLabs
Rogue ORB PRORogue ORB Pro is a precision-engineered Opening Range Breakout (ORB) indicator built for active intraday traders who need real signals, not noise. This tool identifies high-probability breakout entries from the opening range, enhanced with optional ATR-based stop loss levels, deviation targets, cooldown filters, and a relative volume gate to filter weak setups. 🔍 Key Features: Opening Range High/Low: Drawn from a user-defined time window and locked for the day Deviations: Automatically plots target zones above and below the OR range (e.g. 1, 2 deviations) Pre-Market Levels: Automatically draws pre market high and low lines at the end of pre market session Buy/Sell Signals: Triggered on breakout of the OR High/Low with configurable breakout logic (touch or close) ATR Stop Loss Line: Dynamically drawn at a fixed ATR distance from breakout candle, with optional SL label Cooldown Period: Prevents back-to-back signals by enforcing a user-defined bar delay between entries, can help with overtrading Volume Filter: Optional relative volume filter that requires breakout candles to exceed a custom volume threshold VWAP Overlay: Visual VWAP for directional bias and confluence
Chỉ báo Pine Script®
của RogueLLC33
1
FSH ATR MTF MonitorThe FSH ATR MTF Monitor tracks the Average True Range (ATR) and current range across six customizable timeframes, displaying the results in a table. When a timeframe’s range exceeds its ATR, the range value turns yellow, signaling heightened volatility. This multi-timeframe tool helps traders assess market conditions and plan entries or exits. Key Features: - Monitors ATR and range for up to six timeframes simultaneously. - Customizable ATR length and timeframe inputs. - Highlights ranges exceeding ATR in yellow for quick identification. - Table display with toggle option for flexibility. How to Use: 1. Add the indicator to your chart. 2. Adjust the ATR length and timeframes in the inputs as needed. 3. Watch for yellow range values to spot volatility spikes across timeframes. 4. Toggle the table off if not needed. Ideal for scalpers, swing traders, or anyone analyzing volatility across multiple timeframes.
Chỉ báo Pine Script®
của FlyingSeaHorse
ATR Stop BufferThe ATR Stop Buffer indicator calculates the Daily Average True Range (ATR) and converts it into ticks based on the symbol's minimum price movement. It then displays the full ATR, 2% of ATR, and 10% of ATR in a clean table format, rounded up for simplicity. This tool is ideal for traders who want to set volatility-based stop-loss levels or buffers for their trades. Key Features: - Uses a 14-period Daily ATR for robust volatility measurement. - Converts ATR into ticks for precise application across different instruments. - Table display with toggle option for flexibility. - Perfect for risk management and trade planning. How to Use: 1. Add the indicator to your chart. 2. Use the table values to adjust your stop-loss distances (e.g., 2% ATR for tight stops, 10% ATR for wider buffers). 3. Toggle the table off if you only need the values occasionally. Note: Works best on instruments with defined tick sizes (e.g., futures, forex, stocks).
Chỉ báo Pine Script®
của FlyingSeaHorse
2
Adaptive Fibonacci Pullback System -FibonacciFluxAdaptive Fibonacci Pullback System (AFPS) - FibonacciFlux This work is licensed under a Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0). Original concepts by FibonacciFlux. Abstract The Adaptive Fibonacci Pullback System (AFPS) presents a sophisticated, institutional-grade algorithmic strategy engineered for high-probability trend pullback entries. Developed by FibonacciFlux, AFPS uniquely integrates a proprietary Multi-Fibonacci Supertrend engine (0.618, 1.618, 2.618 ratios) for harmonic volatility assessment, an Adaptive Moving Average (AMA) Channel providing dynamic market context, and a synergistic Multi-Timeframe (MTF) filter suite (RSI, MACD, Volume). This strategy transcends simple indicator combinations through its strict, multi-stage confluence validation logic. Historical simulations suggest that specific MTF filter configurations can yield exceptional performance metrics, potentially achieving Profit Factors exceeding 2.6 , indicative of institutional-level potential, while maintaining controlled risk under realistic trading parameters (managed equity risk, commission, slippage). 4 hourly MTF filtering 1. Introduction: Elevating Pullback Trading with Adaptive Confluence Traditional pullback strategies often struggle with noise, false signals, and adapting to changing market dynamics. AFPS addresses these challenges by introducing a novel framework grounded in Fibonacci principles and adaptive logic. Instead of relying on static levels or single confirmations, AFPS seeks high-probability pullback entries within established trends by validating signals through a rigorous confluence of: Harmonic Volatility Context: Understanding the trend's stability and potential turning points using the unique Multi-Fibonacci Supertrend. Adaptive Market Structure: Assessing the prevailing trend regime via the AMA Channel. Multi-Dimensional Confirmation: Filtering signals with lower-timeframe Momentum (RSI), Trend Alignment (MACD), and Market Conviction (Volume) using the MTF suite. The objective is to achieve superior signal quality and adaptability, moving beyond conventional pullback methodologies. 2. Core Methodology: Synergistic Integration AFPS's effectiveness stems from the engineered synergy between its core components: 2.1. Multi-Fibonacci Supertrend Engine: Utilizes specific Fibonacci ratios (0.618, 1.618, 2.618) applied to ATR, creating a multi-layered volatility envelope potentially resonant with market harmonics. The averaged and EMA-smoothed result (`smoothed_supertrend`) provides a robust, dynamic trend baseline and context filter. // Key Components: Multi-Fibonacci Supertrend & Smoothing average_supertrend = (supertrend1 + supertrend2 + supertrend3) / 3 smoothed_supertrend = ta.ema(average_supertrend, st_smooth_length) 2.2. Adaptive Moving Average (AMA) Channel: Provides dynamic market context. The `ama_midline` serves as a key filter in the entry logic, confirming the broader trend bias relative to adaptive price action. Extended Fibonacci levels derived from the channel width offer potential dynamic S/R zones. // Key Component: AMA Midline ama_midline = (ama_high_band + ama_low_band) / 2 2.3. Multi-Timeframe (MTF) Filter Suite: An optional but powerful validation layer (RSI, MACD, Volume) assessed on a lower timeframe. Acts as a **validation cascade** – signals must pass all enabled filters simultaneously. 2.4. High-Confluence Entry Logic: The core innovation. A pullback entry requires a specific sequence and validation: Price interaction with `average_supertrend` and recovery above/below `smoothed_supertrend`. Price confirmation relative to the `ama_midline`. Simultaneous validation by all enabled MTF filters. // Simplified Long Entry Logic Example (incorporates key elements) long_entry_condition = enable_long_positions and (low < average_supertrend and close > smoothed_supertrend) and // Pullback & Recovery (close > ama_midline and close > ama_midline) and // AMA Confirmation (rsi_filter_long_ok and macd_filter_long_ok and volume_filter_ok) // MTF Validation This strict, multi-stage confluence significantly elevates signal quality compared to simpler pullback approaches. 1hourly filtering 3. Realistic Implementation and Performance Potential AFPS is designed for practical application, incorporating realistic defaults and highlighting performance potential with crucial context: 3.1. Realistic Default Strategy Settings: The script includes responsible default parameters: strategy('Adaptive Fibonacci Pullback System - FibonacciFlux', shorttitle = "AFPS", ..., initial_capital = 10000, // Accessible capital default_qty_type = strategy.percent_of_equity, // Equity-based risk default_qty_value = 4, // Default 4% equity risk per initial trade commission_type = strategy.commission.percent, commission_value = 0.03, // Realistic commission slippage = 2, // Realistic slippage pyramiding = 2 // Limited pyramiding allowed ) Note: The default 4% risk (`default_qty_value = 4`) requires careful user assessment and adjustment based on individual risk tolerance. 3.2. Historical Performance Insights & Institutional Potential: Backtesting provides insights into historical behavior under specific conditions (always specify Asset/Timeframe/Dates when sharing results): Default Performance Example: With defaults, historical tests might show characteristics like Overall PF ~1.38, Max DD ~1.16%, with potential Long/Short performance variance (e.g., Long PF 1.6+, Short PF < 1). Optimized MTF Filter Performance: Crucially, historical simulations demonstrate that meticulous configuration of the MTF filters (particularly RSI and potentially others depending on market) can significantly enhance performance. Under specific, optimized MTF filter settings combined with appropriate risk management (e.g., 7.5% risk), historical tests have indicated the potential to achieve **Profit Factors exceeding 2.6**, alongside controlled drawdowns (e.g., ~1.32%). This level of performance, if consistently achievable (which requires ongoing adaptation), aligns with metrics often sought in institutional trading environments. Disclaimer Reminder: These results are strictly historical simulations. Past performance does not guarantee future results. Achieving high performance requires careful parameter tuning, adaptation to changing markets, and robust risk management. 3.3. Emphasizing Risk Management: Effective use of AFPS mandates active risk management. Utilize the built-in Stop Loss, Take Profit, and Trailing Stop features. The `pyramiding = 2` setting requires particularly diligent oversight. Do not rely solely on default settings. 4. Conclusion: Advancing Trend Pullback Strategies The Adaptive Fibonacci Pullback System (AFPS) offers a sophisticated, theoretically grounded, and highly adaptable framework for identifying and executing high-probability trend pullback trades. Its unique blend of Fibonacci resonance, adaptive context, and multi-dimensional MTF filtering represents a significant advancement over conventional methods. While requiring thoughtful implementation and risk management, AFPS provides discerning traders with a powerful tool potentially capable of achieving institutional-level performance characteristics under optimized conditions. Acknowledgments Developed by FibonacciFlux. Inspired by principles of Fibonacci analysis, adaptive averaging, and multi-timeframe confirmation techniques explored within the trading community. Disclaimer Trading involves substantial risk. AFPS is an analytical tool, not a guarantee of profit. Past performance is not indicative of future results. Market conditions change. Users are solely responsible for their decisions and risk management. Thorough testing is essential. Deploy at your own considered risk.
Chiến lược Pine Script®
của FibonacciFlux
Order Block Indicator | DTDHello trader comuunity! I'm uploading a basic script that I felt necessary to make to help me with some gaps in my day trading. I personally am a visual trader that benefits greatly from automating some the ideas I have in my head. There are awesome builders out there and me creating this script isn't a knock on what's currently available to us, but something I wanted to be able to manage. I am opening up what I've found extremely helpful to my own trading to the community. Here we have a very simple ATR-based order block (OB) finder. It's not anything original, but I do find consistent opportunities when combined with other tools I use to measure the market. It takes into consideration the previous 25 candles to determine if the OB is significant enough to mark. I use the average of 25 because I simply like it. I use the 25 EMA as part of my "trending" templates and find it to be a hybrid timeframe of sorts. You can find macro and micro trade locations by switching timeframes. The main elements of the script are: 1. ATR based tracking | A bullish OB is defined as a down close candle that is eclipsed by an up-close candle that closes above its high and sustained for 2 consecutive candles. Inversely, a bearish OB is defined by an up-close candle immediately followed by a down-close candle that closes below the low of the up-close candle and sustains for 2 consecutive candles. 2. Coloring the OB | Though up-close and down-close define bearish and bullish levels, with this script I basically make OBs to switch colors based on where price is relative to the block. So a bullish block can become bearish and bearish can become bullish. Each block also has a dashed midpoint. 3. Order Block Mitigation | When price retests an OB by closing inside of it and retracing back out, that is considered mitigation. You will see price tap into it, but continues to track as a valid block, it's because it didn't close inside the block. This is subject to change in the future, but it's how the script functions for now. ______________ There are nuances to the script that you will see as you use it. Sometimes mitigated OBs act as levels to consider as well. When multiple blocks overlap I consider that a high traffic area. I would never suggest to use an indicator by itself for trade ideas, but blocks that align on multiple timeframes are good to consider. At the end of the day it's a support and resistance measure. I'll comment an update with a snapshot of the indicator with another proprietary indicator I've made that provides ample intraday trading opportunities. Cheers, DTD
Chỉ báo Pine Script®
của daytradederic
6
VIDYA Auto-Trading(Reversal Logic)Overview This script is a dynamic trend-following strategy based on the Variable Index Dynamic Average (VIDYA). It adapts in real time to market volatility, aiming to enhance entry precision and optimize risk management. ⚠️ This strategy is intended for educational and research purposes. Past performance does not guarantee future results. All results are based on historical simulations using fixed parameters. Strategy Objectives The objective of this strategy is to respond swiftly to sudden price movements and trend reversals, providing consistent and reliable trade signals under historical testing conditions. It is designed to be intuitive and efficient for traders of all levels. Key Features Momentum Sensitivity via VIDYA: Reacts quickly to momentum shifts, allowing for accurate trend-following entries. Volatility-Based ATR Bands: Automatically adjusts stop levels and entry conditions based on current market volatility. Intuitive Trend Visualization: Uptrends are marked with green zones, and downtrends with red zones, giving traders clear visual guidance. Trading Rules Long Entry: Triggered when price crosses above the upper band. Any existing short position is closed. Short Entry: Triggered when price crosses below the lower band. Any existing long position is closed. Exit Conditions: Positions are reversed based on signal changes, using a position reversal strategy. Risk Management Parameters Market: ETHUSD(5M) Account Size: $3,000 (reasonable approximation for individual traders) Commission: 0.02% Slippage: 2 pip Risk per Trade: 5% of account equity (adjusted to comply with TradingView guidelines for realistic risk levels) Number of Trades: 251 (based on backtest over the selected dataset) ⚠️ The risk per trade and other values can be customized. Users are encouraged to adapt these to their individual needs and broker conditions. Trading Parameters & Considerations VIDYA Length: 10 VIDYA Momentum: 20 Distance factor for upper/lower bands: 2 Source: close Visual Support Trend zones, entry points, and directional shifts are clearly plotted on the chart. These visual cues enhance the analytical experience and support faster decision-making. Visual elements are designed to improve interpretability and are not intended as financial advice or trade signals. Strategy Improvements & Uniqueness Inspired by the public work of BigBeluga, this script evolves the original concept with meaningful enhancements. By combining VIDYA and ATR bands, it offers greater adaptability and practical value compared to conventional trend-following strategies. This adaptation is original work and not a direct copy. Improvements are designed to enhance usability, risk control, and market responsiveness. Summary This strategy offers a responsive and adaptive approach to trend trading, built on momentum detection and volatility-adjusted risk management. It balances clarity, precision, and practicality—making it a powerful tool for traders seeking reliable trend signals. ⚠️ All results are based on historical data and are subject to change under different market conditions. This script does not guarantee profit and should be used with caution and proper risk management.
Chiến lược Pine Script®
của PakunFX
VICI Algo-V TableVICI Trading Solutions is proud to introduce another powerful tool from our internal trading process: ALGO V ATR Table. This streamlined, data-rich table is designed to give traders quick and easy access to key support and resistance levels using Average True Range (ATR) data—without cluttering the chart. It’s a perfect complement to our previously released ALGO V indicator, which plots significant ATR-based levels directly on the chart. While that tool is highly effective, we understand that too much on the screen can overwhelm your workspace. That’s why we developed this clean, corner-based ATR Table —so you can stay focused on execution with clarity and confidence. How It Works: - The table displays critical ATR levels across multiple timeframes, helping you identify areas of potential support and resistance with precision. - Each timeframe row is color-coded to reflect its current trend state: - 🟩 Green – Price is above the cloud and trending up . - 🟥 Red – Price is below the cloud and trending down . - ⬜ Gray – Price is inside the cloud and in a neutral/indecisive zone. - The number next to a gray level shows the price that must be broken to transition to a bullish or bearish trend. This simple color system allows for immediate insight into market structure and directional bias across multiple timeframes—without second guessing or crowding your chart. ⚠️ Important Note: Due to how TradingView handles higher time frame data, this indicator is designed to function best when applied to a 5-minute or lower time frame. We recommend adding this to your execution chart for the most accurate and responsive data. Recommended Use: We suggest pairing this with the original ALGO V indicator to better understand how these levels behave, especially when they appear gray (neutral). This combination provides a full-spectrum view of trend strength, key zones, and potential breakouts . Whether you’re a scalper, day trader, or swing trader, the ALGO V ATR Table will instantly add value to your trading workflow—offering clear, concise, and actionable insight at a glance. Algo-V Indicator Can Be Found HERE:
Chỉ báo Pine Script®
của ViciTradingSolutions
Highest High Line with Multi-Timeframe Supertrend and RSIOverview: This powerful indicator combines three essential elements for traders: Highest High Line – Tracks the highest price over a customizable lookback period across different timeframes. Multi-Timeframe Supertrend – Displays Supertrend values and trend directions for multiple timeframes simultaneously. Relative Strength Index (RSI) – Shows RSI values across different timeframes for momentum analysis. Features: ✅ Customizable Highest High Line: Selectable timeframes: Daily, Weekly, Monthly, Quarterly, Yearly Adjustable lookback period ✅ Multi-Timeframe Supertrend: Supports 1min, 5min, 10min, 15min, 30min, 1H, Daily, Weekly, Monthly, Quarterly, Yearly ATR-based calculation with configurable ATR period and multiplier Identifies bullish (green) & bearish (red) trends ✅ Multi-Timeframe RSI: Calculates RSI for the same timeframes as Supertrend Overbought (≥70) and Oversold (≤30) signals with color coding ✅ Comprehensive Table Display: A clean, structured table in the bottom-right corner Displays Supertrend direction, value, and RSI for all timeframes Helps traders quickly assess trend and momentum alignment How to Use: Use the Highest High Line to identify key resistance zones. Confirm trend direction with Multi-Timeframe Supertrend. Check RSI values to avoid overbought/oversold conditions before entering trades. Align multiple timeframes for stronger confirmation of trend shifts. Ideal For: ✅ Scalpers (lower timeframes: 1m–30m) ✅ Swing Traders (higher timeframes: 1H–D) ✅ Position Traders (Weekly, Monthly, Quarterly) 💡 Tip: Look for Supertrend & RSI confluence across multiple timeframes for higher probability setups.
Chỉ báo Pine Script®
của rakeshios786
Scalping Entry/Exit Indicator by DiGetImagine having a tool that not only spots high-probability entry signals but also visually marks them on your chart with color-coded cues and automated alerts. The Scalping Entry/Exit Indicator by DiGet does exactly that—by fusing a range of classic candlestick patterns (such as Bullish Hammers, Engulfing patterns, and Morning/Evening Stars) with dynamic risk management levels, this script empowers you to make swift and informed trading decisions. Whether you're an active trader or an algorithm enthusiast, this indicator offers both precision and clarity in identifying scalp opportunities, making your chart analysis more efficient and visually engaging. Indicator Breakdown Input Parameters: The indicator accepts a customizable risk-reward ratio, an ATR period for volatility measurement, and a lookback period to scan for valid candlestick patterns. ATR & Candle Calculations: It computes the Average True Range (ATR) to dynamically set stop-loss and take-profit levels. Additionally, it determines the body and wick sizes of each candlestick to help identify key reversal patterns. Pattern Detection: Multiple bullish patterns (Hammer, Engulfing, Morning Star) and bearish patterns (Shooting Star, Engulfing, Evening Star) are detected. There’s also a simplified version of the Head & Shoulders pattern, offering further validation for reversal signals. Signal Generation & Trade Levels: The script consolidates the pattern signals into combined “buy” and “sell” triggers. It then calculates the respective stop-loss (SL) and take-profit (TP) levels based on the current price and ATR, providing a robust risk management framework. Visual Aids & Alerts: To enhance usability, the indicator changes the chart’s background color to green for buy signals and red for sell signals. It also draws labels, lines (representing SL and TP), and markers directly on the chart, along with alert conditions to notify traders of actionable signals. This indicator is an excellent addition to your TradingView toolkit—ideal for scalpers and short-term traders seeking clarity, precision, and automated signal generation on their charts. Enjoy trading with confidence and precision!
Chỉ báo Pine Script®
của mikailhs
3
Adaptive Fibonacci Volatility Bands (AFVB) **Adaptive Fibonacci Volatility Bands (AFVB)** ### **Overview** The **Adaptive Fibonacci Volatility Bands (AFVB)** indicator enhances standard **Fibonacci retracement levels** by dynamically adjusting them based on market **volatility**. By incorporating **ATR (Average True Range) adjustments**, this indicator refines key **support and resistance zones**, helping traders identify **more reliable entry and exit points**. **Key Features:** - **ATR-based adaptive Fibonacci levels** that adjust to changing market volatility. - **Buy and Sell signals** based on price interactions with dynamic support/resistance. - **Toggleable confirmation filter** for refining trade signals. - **Customizable color schemes** and alerts. --- ## **How This Indicator Works** The **AFVB** operates in three main steps: ### **1️⃣ Detecting Key Fibonacci Levels** The script calculates **swing highs and swing lows** using a user-defined lookback period. From this, it derives **Fibonacci retracement levels**: - **0% (High)** - **23.6%** - **38.2%** - **50% (Mid-Level)** - **61.8%** - **78.6%** - **100% (Low)** ### **2️⃣ Adjusting for Market Volatility** Instead of using **fixed retracement levels**, this indicator incorporates an **ATR-based adjustment**: - **Resistance levels** shift **upward** based on ATR. - **Support levels** shift **downward** based on ATR. - This makes levels more **responsive** to price action. ### **3️⃣ Generating Buy & Sell Signals** AFVB provides **two types of signals** based on price interactions with key levels: ✔ **Buy Signal**: Occurs when price **dips below** a support level (78.6% or 100%) and **then closes back above it**. - **Optionally**, a confirmation buffer can be enabled to require price to close **above an additional threshold** (based on ATR). ✔ **Sell Signal**: Triggered when price **breaks above a resistance level** (0% or 23.6%) and **then closes below it**. 📌 **Important:** - The **buy threshold setting** allows traders to **fine-tune** entry conditions. - Turning this setting **off** generates **more frequent** buy signals. - Keeping it **on** reduces false signals but may result in **fewer trade opportunities**. --- ## **How to Use This Indicator in Trading** ### 🔹 **Entry Strategy (Buying)** 1️⃣ Look for **buy signals** at the **78.6% or 100% Fibonacci levels**. 2️⃣ Ensure price **closes above** the support level before entering a long trade. 3️⃣ **Enable or disable** the buy threshold filter depending on desired trade strictness. ### 🔹 **Exit Strategy (Selling)** 1️⃣ Watch for **sell signals** at the **0% or 23.6% Fibonacci levels**. 2️⃣ If price **breaks above resistance and then closes below**, consider exiting long positions. 3️⃣ Can be used **alone** or **combined with trend confirmation tools** (e.g., moving averages, RSI). ### 🔹 **Using the Toggleable Buy Threshold** - **ON**: Buy signal requires **extra confirmation** (reduces false signals but fewer trades). - **OFF**: Buy triggers as soon as price **closes back above support** (more signals, but may include weaker setups). --- ## **User Inputs** ### **🔧 Customization Options** - **ATR Length**: Defines the period for **ATR calculation**. - **Swing Lookback**: Determines how far back to find **swing highs and lows**. - **ATR Multiplier**: Adjusts the size of **volatility-based modifications**. - **Buy/Sell Threshold Factor**: Fine-tunes the **entry signal strictness**. - **Show Level Labels**: Enables/disables **Fibonacci level annotations**. - **Color Settings**: Customize **support/resistance colors**. ### **📢 Alerts** AFVB includes built-in **alert conditions** for: - **Buy Signals** ("AFVB BUY SIGNAL - Possible reversal at support") - **Sell Signals** ("AFVB SELL SIGNAL - Possible reversal at resistance") - **Any Signal Triggered** (Useful for automated alerts) --- ## **Who Is This Indicator For?** ✅ **Scalpers & Day Traders** – Helps identify **short-term reversals**. ✅ **Swing Traders** – Useful for **buying dips** and **selling rallies**. ✅ **Trend Traders** – Can be combined with **momentum indicators** for confirmation. **Best Timeframes:** ⏳ **15-minute, 1-hour, 4-hour, Daily charts** (works across multiple assets). --- ## **Limitations & Considerations** 🚨 **Important Notes**: - **No indicator guarantees profits**. Always **combine** it with **risk management strategies**. - Works best **in trending & mean-reverting markets**—may generate false signals in **choppy conditions**. - Performance may vary across **different assets & timeframes**. 📢 **Backtesting is recommended** before using it for live trading.
Chỉ báo Pine Script®
của Finntech1
1
Supertrend with RSI FilterThis indicator is an enhanced version of the classic Supertrend, incorporating an RSI (Relative Strength Index) filter to refine trend signals. Here is a detailed explanation of its functionality and key advantages over the traditional Supertrend. 1. Indicator Functionality The indicator uses ATR (Average True Range) to calculate the Supertrend line, just like the classic version. However, it introduces an additional condition based on RSI to strengthen or weaken the Supertrend color based on market momentum. 2. Interpretation of Colors The indicator displays the Supertrend line with dynamic colors based on trend direction and RSI strength: - Uptrend (Supertrend in buy mode): - Dark green (Teal): RSI above the defined threshold (default 50) → Strong bullish confirmation. - Light gray: RSI below the threshold → Indicates a weaker uptrend or lack of confirmation. - Downtrend (Supertrend in sell mode): - Dark red: RSI below the threshold → Strong bearish confirmation. - Light gray: RSI above the threshold → Indicates a weaker downtrend or lack of confirmation. The opacity of the color dynamically adjusts based on how far RSI is from its threshold. The greater the difference, the more vivid the color, signaling a stronger trend. 3. Key Advantages Over the Classic Supertrend - Filters out false signals: The RSI integration helps reduce false signals by only validating trends when RSI aligns with the Supertrend direction. - Weakens uncertain signals: When RSI is close to its threshold, the color becomes more transparent, alerting traders to a less reliable trend. - Classic mode available: The 'Use Classic Supertrend' option allows switching to a standard Supertrend display (fixed red/green) without the RSI effect. 4. Customizable Parameters - ATR Length & ATR Factor: Define the sensitivity of the Supertrend. - RSI Period & RSI Threshold: Allow refining the RSI filter based on market volatility. - Classic mode: Enables/disables the RSI filtering to revert to the original Supertrend. This indicator is especially valuable for traders looking to refine their trend signals based on market momentum measured by RSI. This indicator is for informational purposes only and should not be considered financial advice. Trading involves risks, and past performance does not guarantee future results. Always conduct your own analysis before making any trading decisions.
Chỉ báo Pine Script®
của Julien_Exe
8
Engulfing Candles (ATR-Based)This indicator detects Engulfing Patterns with an ATR-based filtering mechanism and trend confirmation. Unlike a basic engulfing pattern indicator that only checks if a current candle engulfs the previous one, this script incorporates trend detection using either the 50-period SMA alone or a combination of 50 and 200-period SMAs to ensure that signals align with the broader trend. The indicator identifies Bullish Engulfing patterns when a strong bullish candle engulfs a smaller bearish candle in a downtrend and Bearish Engulfing patterns when a strong bearish candle engulfs a smaller bullish candle in an uptrend. It also generates alerts and visually marks these patterns with labels ("BU" for bullish and "BE" for bearish) while highlighting the background accordingly. What sets this indicator apart from a normal engulfing indicator is its ATR-based filtering system, which ensures that only significant engulfing candles are considered. Instead of accepting any engulfing pattern, the script measures candle body size relative to 1.5x ATR (configurable) to filter out weak signals. It also differentiates between long-bodied and small-bodied candles to confirm that the engulfing pattern represents real momentum shifts. This approach reduces false signals caused by small, insignificant candles and ensures that traders focus on high-probability reversal patterns. By integrating trend-based filtering and ATR-based confirmation, this indicator provides more reliable and context-aware engulfing signals than a standard engulfing pattern detector.
Chỉ báo Pine Script®
của Marc_Thiart
2
Daily ATR %Input parameters: Number of bars for ATR (Y) - the number of bars to calculate the average ATR Number of bars for median ATR (X) - the number of bars to calculate the median ATR, should be >= Number of bars for ATR Stop ATK share in % - to calculate Stop Loss in % of ATR Calculate the passed ATR from the previous day close - calculation of the passed ATR from: True = closing prices of the previous day False = from High/Low of the current day The script calculates several parameters: Decimal - the number of digits after the fractional part of the price Close % - how much the previous day closed as a percentage of High/Low Median - the median value for the X previous bars. ATR is the average value for Y bars C_ATR - passed ATR for the current day C_ATR% - passed ATR in % excellent calculated Stop - the calculated size of the Stop Loss from ATR THE LOGIC OF CALCULATING THE ATR (the bar of the trading day is not taken into account): 1. Calculate the Median ATR for X previous bars. 2. We calculate the ATR for Y of the previous bars, taking only those bars that fulfill the condition: Median ATR * 50% < N < Median ATR * 200% , i.e. we do not take into account bars that are less than the Median ATR by 2 times, and bars that are more than the Median ATR by 2 times
Chỉ báo Pine Script®
của soldatov_ax
MTF ATR BandsA simple but effective MTF ATR bands indicator. The script calculate and display ATR bands low and high of the current timeframe using high, low inputs and an RMA moving average, adding to it ATR of the period multiplied with the user multiplier, default is set to 1.5. Than is calculated a smoothed average of the range and the color of it based on its slope, same color is used to fill the atr bands. Than the higher timeframe bands are calculated and displayed on the chart. How can be used ? The higher timeframe average and bands can give you long term direction of the trend and the current timeframes moving average and filling short term trend, for example using the 15 min chart with a 4h HTF bands, or an 1h with a daily, or a daily with an weekly or weekly with bi-monthly atr bands. Also can be used as a stop loss indicator. Hope you will like it, any question send me a PM.
Chỉ báo Pine Script®
của NexusSignals
CAM| Bar volatility and statsCAPRICORN ASSETS MANAGEMENT ⸻ CAM | Bar Volatility and Stats Indicator The CAM | Bar Volatility and Stats indicator is designed to track historical price movements, analyzing bar volatility and key statistical trends in financial instruments. By evaluating past bars, it provides insights into market dynamics, helping traders assess volatility, trend strength, and momentum patterns. Key Features & Functionality: ✅ Volatility Analysis – Measures historical volatility by calculating the average price range per bar and displaying it in pips. ✅ Bull & Bear Bar Statistics – Tracks the number of bullish and bearish bars within a given lookback period, including their respective percentages. ✅ Consecutive Bar Sequences – Identifies and records the longest streaks of consecutive bullish or bearish bars, providing insights into market trends. ✅ Average Volatility by Trend – Computes separate volatility values for bullish and bearish bars, helping traders understand trend-based price behavior. ✅ Real-Time Labeling – Displays a live statistics summary directly on the chart, updating dynamically with each new bar. Benefits for Traders: 📊 Enhanced Market Insight – Quickly assess market conditions, determining whether volatility is increasing or decreasing. 📈 Trend Strength Identification – Identify strong bullish or bearish sequences to improve trade timing and strategy development. ⏳ Better Risk Management – Use historical volatility metrics to fine-tune stop-loss and take-profit levels. 🛠 Customizable Analysis – Adjustable lookback period and display options allow traders to focus on the data that matters most. This indicator is an essential tool for traders looking to refine their decision-making process by leveraging volatility-based statistics. Whether trading Forex, stocks, or commodities, it provides valuable insights into price action trends and market conditions. ⸻
Chỉ báo Pine Script®
của CAPRICORN-ASSETS
TEMA OBOS Strategy PakunTEMA OBOS Strategy Overview This strategy combines a trend-following approach using the Triple Exponential Moving Average (TEMA) with Overbought/Oversold (OBOS) indicator filtering. By utilizing TEMA crossovers to determine trend direction and OBOS as a filter, it aims to improve entry precision. This strategy can be applied to markets such as Forex, Stocks, and Crypto, and is particularly designed for mid-term timeframes (5-minute to 1-hour charts). Strategy Objectives Identify trend direction using TEMA Use OBOS to filter out overbought/oversold conditions Implement ATR-based dynamic risk management Key Features 1. Trend Analysis Using TEMA Uses crossover of short-term EMA (ema3) and long-term EMA (ema4) to determine entries. ema4 acts as the primary trend filter. 2. Overbought/Oversold (OBOS) Filtering Long Entry Condition: up > down (bullish trend confirmed) Short Entry Condition: up < down (bearish trend confirmed) Reduces unnecessary trades by filtering extreme market conditions. 3. ATR-Based Take Profit (TP) & Stop Loss (SL) Adjustable ATR multiplier for TP/SL Default settings: TP = ATR × 5 SL = ATR × 2 Fully customizable risk parameters. 4. Customizable Parameters TEMA Length (for trend calculation) OBOS Length (for overbought/oversold detection) Take Profit Multiplier Stop Loss Multiplier EMA Display (Enable/Disable TEMA lines) Bar Color Change (Enable/Disable candle coloring) Trading Rules Long Entry (Buy Entry) ema3 crosses above ema4 (Golden Cross) OBOS indicator confirms up > down (bullish trend) Execute a buy position Short Entry (Sell Entry) ema3 crosses below ema4 (Death Cross) OBOS indicator confirms up < down (bearish trend) Execute a sell position Take Profit (TP) Entry Price + (ATR × TP Multiplier) (Default: 5) Stop Loss (SL) Entry Price - (ATR × SL Multiplier) (Default: 2) TP/SL settings are fully customizable to fine-tune risk management. Risk Management Parameters This strategy emphasizes proper position sizing and risk control to balance risk and return. Trading Parameters & Considerations Initial Account Balance: $7,000 (adjustable) Base Currency: USD Order Size: 10,000 USD Pyramiding: 1 Trading Fees: $0.94 per trade Long Position Margin: 50% Short Position Margin: 50% Total Trades (M5 Timeframe): 128 Deep Test Results (2024/11/01 - 2025/02/24)BTCUSD-5M Total P&L：+1638.20USD Max equity drawdown：694.78USD Total trades：128 Profitable trades:44.53 Profit factor:1.45 These settings aim to protect capital while maintaining a balanced risk-reward approach. Visual Support TEMA Lines (Three EMAs) Trend direction is indicated by color changes (Blue/Orange) ema3 (short-term) and ema4 (long-term) crossover signals potential entries OBOS Histogram Green → Strong buying pressure Red → Strong selling pressure Blue → Possible trend reversal Entry & Exit Markers Blue Arrow → Long Entry Signal Red Arrow → Short Entry Signal Take Profit / Stop Loss levels displayed Strategy Improvements & Uniqueness This strategy is based on indicators developed by "l_lonthoff" and "jdmonto0", but has been significantly optimized for better entry accuracy, visual clarity, and risk management. Enhanced Trend Identification with TEMA Detects early trend reversals using ema3 & ema4 crossover Reduces market noise for a smoother trend-following approach Improved OBOS Filtering Prevents excessive trading Reduces unnecessary risk exposure Dynamic Risk Management with ATR-Based TP/SL Not a fixed value → TP/SL adjusts to market volatility Fully customizable ATR multiplier settings (Default: TP = ATR × 5, SL = ATR × 2) Summary The TEMA + OBOS Strategy is a simple yet powerful trading method that integrates trend analysis and oscillators. TEMA for trend identification OBOS for noise reduction & overbought/oversold filtering ATR-based TP/SL settings for dynamic risk management Before using this strategy, ensure thorough backtesting and demo trading to fine-tune parameters according to your trading style.
Chiến lược Pine Script®
của PakunFX
FVG | iSolani Unveiling Market Inefficiencies with Precision In fast-moving markets, spotting hidden opportunities often hinges on identifying imbalances between price and value. The FVG | iSolani indicator revolutionises this process by detecting Fair Value Gaps (FVGs) —zones where price action skips over "fair" valuation levels, creating potential retracement targets. Combining advanced filtering, dynamic visualisation, and automated management, this tool empowers traders to pinpoint high-probability setups with unprecedented clarity. Core Methodology The indicator employs a multi-layered approach to identify FVGs: Three-Bar Gap Analysis: Bullish FVGs form when the current low exceeds the high of two bars prior, while bearish FVGs occur when the current high stays below the low of two bars back. Volatility-Adjusted Filtering: Gaps are measured against a 100-bar standard deviation to exclude insignificant price jumps. Volume Confirmation: Only gaps accompanied by above-average volume (relative to a 1-bar SMA) are validated, filtering out low-conviction moves. Auto-Invalidation System: Continuously monitors price action to remove FVG zones once price closes within their range, maintaining chart cleanliness. Breaking New Ground This tool introduces three paradigm-shifting innovations: Volume-Weighted Significance: Unlike traditional FVG detectors, it ties gap validity to volume spikes, emphasising institutional activity. Adaptive Zone Management: Boxes automatically extend rightward (when enabled) and self-destruct when invalidated, eliminating manual cleanup. Smart Color Encoding: Offers both monochrome (for multi-timeframe analysis) and standard bull/bear color schemes, with customisable transparency. Engine Under the Hood The script operates through four key processes: Gap Detection: Scans every new bar for three-candle patterns meeting FVG criteria. Statistical Filtering: Applies user-defined threshold (default: 1σ) to separate meaningful gaps from market noise. Box Rendering: Draws semi-transparent zones between gap boundaries using TradingView's box objects, styled according to user preferences. Array-Based Memory: Stores all active FVGs in arrays, enabling real-time validation checks against current price action. Standard Configuration Optimised default settings balance visibility and functionality: Filter: 1.0 (1 standard deviation threshold) Colors: "Mono" mode (gray boxes) with 90% transparency Text Labels: Enabled in medium gray Extension: Gaps extend indefinitely rightward Borders: Dotted lines with visible outlines Through its fusion of quantitative rigor and visual adaptability, the FVG | iSolani transforms raw price data into actionable intelligence. By focusing on volume-confirmed gaps and automating zone management, it cuts through market chaos to reveal structurally significant levels—a must-have for traders navigating breakouts, reversals, or order-flow analysis.
Chỉ báo Pine Script®
của Quantura
1
Trendchange Zones Indicator | iSolani Spotting Reversals Before They Happen: The iSolani Trendshift System Where RSI Meets Smart Volume Analysis - Your Visual Guide to Market Turns Core Methodology RSI-Powered Zones Identifies critical levels using: 14-period RSI (default) with 70/30 thresholds Semi-transparent boxes marking overbought (red) and oversold (green) territories Zone persistence until RSI returns to neutral range Dynamic Level Tracking Plots evolving support/resistance using: Pivot highs/lows with 15-bar lookback (default) Auto-extending lines that adapt to new price extremes Volume-Confirmed Breakouts Flags significant moves with: 5/10 EMA volume oscillator 20% volume threshold (default) for confirmation Technical Innovation Three-Layer Confirmation Unique combination of: Classic RSI extremes Price structure through pivot points Volume-fueled momentum shifts Adaptive Visualization Zones maintain historical context at 33% transparency Dynamic lines extend indefinitely until invalidated Discreet labels for breakout events System Workflow Calculates RSI values in real-time Draws colored zones when RSI crosses 70/30 Marks pivot points every 15 bars (default) Updates support/resistance lines on new pivots Triggers alerts when price breaks levels with volume confirmation Standard Configuration RSI Settings : 14-period length Pivot Detection : 15-bar left/right lookback Visuals : 33% transparency zones with thin borders Volume Threshold : 20% oscillator difference Alerts : Breakout signals with "B" labels This system transforms the classic RSI into a spatial analysis tool - not just showing when markets are overextended, but where they're likely to reverse. The dynamic lines act as moving barriers that adapt to market structure, while the volume filter ensures only high-conviction breaks get flagged. By layering momentum, price action, and volume dynamics, it creates a multi-spectrum view of potential trend changes.
Chỉ báo Pine Script®
của Quantura
Smart Buy/Sell Signal IndicatorOverview The Smart Buy/Sell Signal Indicator is a multi-factor trading tool that i ntegrates Supertrend, Bollinger Bands, RSI, ADX, and Moving Averages to generate high-probability buy and sell signals. Unlike simple crossover-based strategies, this indicator leverages multiple layers of confirmation to reduce false signals and improve trade execution accuracy. This indicator is designed for trend-following traders, scalpers, and swing traders, helping them identify key reversal points and momentum shifts with precise breakout conditions. How It Works The Smart Buy/Sell Signal Indicator filters out weak trade signals by combining trend, volatility, momentum, and strength indicators in the following manner: ✅ Supertrend-Based Trend Filtering: • The script checks if the price is above or below the Supertrend level before confirming a buy or sell signal. • Buy signals occur below the Supertrend Down level, confirming support. • Sell signals occur above the Supertrend Up level, confirming resistance. ✅ Bollinger Bands for Overbought & Oversold Conditions: • Buy signals are confirmed when price touches the Bollinger Lower Band (suggesting oversold conditions). • Sell signals are confirmed when price touches the Bollinger Upper Band (suggesting overbought conditions). • This ensures that trades occur at high-probability reversal zones, rather than random price action. ✅ RSI Momentum Confirmation: • Buy trades trigger when RSI is below 50 (indicating strength building from an oversold region). • Sell trades trigger when RSI is above 50 (indicating weakness forming in an overbought region). • This ensures signals are momentum-backed and not counter-trend moves. ✅ ADX Strength Confirmation: • The script filters signals using the ADX (Average Directional Index) to ensure that only trades with sufficient market strength are executed. • If the ADX value is below a threshold (default: 15), the signal is ignored to prevent false breakouts in choppy markets. ✅ Confirmation Moving Average (MA) for Trend Validation: • The script applies an additional confirmation filter using a Moving Average (SMA/EMA). • Buy signals trigger only when the price is above the MA, aligning with trend direction. • Sell signals trigger only when the price is below the MA, ensuring alignment with the broader market structure. ✅ Trade Cooldown Mechanism (Minimum Bars Between Signals): • To avoid frequent signals in sideways markets, a cooldown period is implemented. • Default: 5 bars between signals (adjustable). • Prevents rapid consecutive trades, reducing false entries. Key Features ✔️ Supertrend & Moving Average Confirmation – Ensures trades are taken only in the correct trend direction. ✔️ Bollinger Bands Integration – Helps identify high-probability reversal zones. ✔️ ADX Strength Filtering – Ensures trades are only executed when the market has enough strength. ✔️ Momentum-Based RSI Filtering – Avoids counter-trend trades and confirms directional strength. ✔️ Trade Cooldown Mechanism – Reduces overtrading and noise in sideways markets. ✔️ Webhook Alerts for Automation – Auto-execute trades or receive real-time notifications. ✔️ Customizable Inputs – Adjustable thresholds, EMA/SMA length, ADX filter, cooldown period for flexibility. ✔️ Works Across Multiple Timeframes – Suitable for scalping (5m, 15m), swing trading (1H, 4H), and position trading (Daily). How to Use 📌 Scalping & Intraday Trading: • Use on 5m, 15m, or 30m timeframes. • Look for Bollinger Band touch + RSI confirmation + Supertrend support/resistance validation before entering trades. 📌 Swing Trading: • Use on 1H or 4H timeframes. • Enter only when ADX is strong and price aligns with Supertrend direction. 📌 Webhook Automation: • Set up TradingView Alerts to auto-execute trades via Webhook-compatible platforms. Why This Combination? This indicator is not just a simple moving average crossover tool. It is designed to filter out weak breakouts and only execute trades that have: ✅ Trend confirmation (Supertrend + Moving Average) ✅ Volatility filtering (Bollinger Bands for overbought/oversold confirmation) ✅ Momentum validation (RSI threshold filtering) ✅ Market strength requirement (ADX ensures sufficient momentum) This multi-layered approach ensures that only the highest-quality setups are executed, improving both win rate and reliability. Why It’s Worth Using? 🚀 Reduces False Breakouts – Avoids weak breakouts by requiring ADX confirmation. 🚀 Works in All Market Conditions – Trend-following logic for trending markets, volatility-based entries for reversals. 🚀 Customizable to Any Trading Style – Adjustable parameters for trend, momentum, and strength filtering. 🚀 Seamless Webhook Automation – Execute trades automatically with TradingView alerts. 🚀 Ready to trade smarter? ✅ Add the Smart Buy/Sell Signal Indicator to your TradingView chart today! 🎯🔥
Chỉ báo Pine Script®
của TradeTechanalysis
5
Daily True Range (DTR) vs Average True Range (ATR)Overview The "DTR vs ATR with Color-Coded Percentage" indicator is a powerful volatility analysis tool designed for traders who want to understand daily price movements in the context of historical volatility. It calculates the Daily True Range (DTR)—the raw measure of a single day’s volatility—and compares it to the Average True Range (ATR), which smooths volatility over a user-defined period (default 14 days). The indicator presents this data in an intuitive table, featuring a color-coded percentage that visually represents how the current day’s move (DTR) stacks up against the average volatility (ATR). This helps traders quickly assess whether the current day’s price action is unusually volatile, average, or subdued relative to recent history. Purpose Volatility Comparison: Visualize how the current day’s price range (DTR) relates to the average range (ATR) over a specified period. Decision Support: Identify days with exceptional movement (e.g., breakouts or reversals) versus normal or quiet days, aiding in trade entry/exit decisions. Risk Management: Gauge daily volatility to adjust position sizing or stop-loss levels based on whether the market is exceeding or falling short of typical movement. Features Daily True Range (DTR) Calculation: Computes the True Range for the current day as the greatest of: Current day’s High - Low High - Previous Close Low - Previous Close Aggregates data on any timeframe to ensure accurate daily values. Average True Range (ATR): Calculates the smoothed average of DTR over a customizable period (default 14 days) using Wilder’s smoothing method. Updates in real-time as the day progresses. Timeframe Flexibility: Works on any chart timeframe (e.g., 1-minute, 1-hour) while always calculating DTR and ATR based on daily data. Color-Coded Display in either compact or table mode The percentage value is color-coded in the table based on configurable thresholds: Safe (default 75): Normal range, within typical volatility Warning: (default 75-125): Above-average volatility. Danger (default 125): Exceptionally high volatility
Chỉ báo Pine Script®
của outofoptions
Multi-Timeframe ATR Levels by Hitesh2603Description: "Multi-Timeframe ATR Levels by Hitesh2603" is a versatile and adaptive indicator designed to help traders identify key price levels based on the Average True Range (ATR) from a higher timeframe. The script automatically adapts to the current chart’s timeframe and allows you to customize the higher timeframe for ATR calculations, making it ideal for intraday and swing trading strategies. The indicator plots upper and lower price levels based on the ATR multiplier, providing clear visual cues for potential profit-taking or exit points. It also includes features like editable timeframe presets , historical level plotting , labels , and alerts , making it a powerful tool for traders of all experience levels. --- Key Features: 1. Automatic Timeframe Adaptation : - The script automatically detects the current chart’s timeframe and selects the appropriate higher timeframe for ATR calculations. 2. Editable Preset Timeframe Pairs : - Customize the higher timeframe for each chart timeframe directly in the indicator settings. 3. Dynamic ATR-Based Levels :- Plots upper and lower price levels using the formula: - Upper Level = Current Candle Open + (Previous Candle ATR * Multiplier) - Lower Level = Current Candle Open - (Previous Candle ATR * Multiplier) 4. Customizable Inputs : - Adjust ATR length, multiplier, line length, colors, and more. 5. Labels : - Displays the exact values of the upper and lower levels for easy reference. 6. Historical Levels : - Optionally plots historical levels for all candles. 7. Alerts : - Get notified when the price crosses the upper or lower levels. --- Use Cases: 1. Intraday Trading : - Use the script on a 5-minute or 15-minute chart with a 1-hour higher timeframe to identify intraday profit-taking or exit points. 2. Swing Trading : - Use the script on a 1-hour or 4-hour chart with a daily higher timeframe to identify swing trading opportunities. 3. Position Trading : - Use the script on a daily chart with a weekly higher timeframe to identify key levels for position trading. 4. Breakout Confirmation : - Use the upper and lower levels as confirmation points for breakouts or reversals. 5. Risk Management : - Use the levels to set stop-loss or take-profit targets based on market volatility. --- How to Use: 1. Add the Script to Your Chart : - Search for "Multi-Timeframe ATR Levels by Hitesh2603" in the TradingView indicator library and add it to your chart. 2. Customize the Settings : - Adjust the inputs (e.g., ATR length, multiplier, line length, colors, etc.) to suit your trading strategy. 3. Set the Higher Timeframe : - The script will automatically display an input for the higher timeframe based on the current chart’s timeframe. Customize it as needed. 4. Interpret the Levels : - The script will plot two horizontal lines (upper and lower levels) on the chart. Use these levels for profit-taking, exits, or breakout confirmation. 5. Enable Alerts : - Set up alerts to get notified when the price crosses the upper or lower levels. --- Input Parameters: 1. ATR Length : - The period used to calculate the ATR (default: 14). 2. ATR Multiplier : - The multiplier applied to the ATR to calculate the levels (default: 0.65). 3. Line Length : - The number of candles to extend the lines (default: 10). 4. Show Labels : - Toggle to display the exact values of the levels (default: true). 5. Show Historical Levels : - Toggle to plot historical levels for all candles (default: false). 6. Line Colors : - Customize the colors of the upper and lower levels. 7. Line Width : - Adjust the thickness of the lines (default: 2). --- Example: - Current Chart : 5-minute - Higher Timeframe : 1-hour - Previous Hour’s ATR : 4.6 - Current Hour’s Open : 102 - Multiplier : 0.65 Levels : - Upper Level = 102 + (4.6 * 0.65) = 105.0 - Lower Level = 102 - (4.6 * 0.65) = 99.0 The script will plot horizontal lines at 105.0 and 99.0 on the 5-minute chart. --- Alerts: - Price Crosses Upper Level : - Triggered when the price crosses above the upper level. - Price Crosses Lower Level : - Triggered when the price crosses below the lower level. --- Notes: - The script is designed to be flexible and adaptable to various trading styles and timeframes. - Always backtest and validate the indicator with your trading strategy before using it in live trading. --- Credits: - Developed by Hitesh2603 . - Special thanks to the TradingView community for inspiration and support.
Chỉ báo Pine Script®
của Hitesh2603
1