20 Day Moving Average with Profit TargetsThis Pine Script indicator plots a 20-day simple moving average (SMA) on the chart and displays profit target labels relative to an initial buy price.
The script allows the user to input a custom buy price and calculates profit levels at 10%, 20%, 30%, and 50% above the buy price. Labels are shown on the last bar of the chart for each profit level and the buy price, with the labels offset to the right to avoid overlapping with the price action.
The labels are color-coded based on the profit levels, and the buy price label is blue.
Educational
Elliptic bands
Why Elliptic?
Unlike traditional indicators (e.g., Bollinger Bands with constant standard deviation multiples), the elliptic model introduces a cyclical, non-linear variation in band width. This reflects the idea that price movements often follow rhythmic patterns, widening and narrowing in a predictable yet dynamic way, akin to natural market cycles.
Buy: When the price enters from below (green triangle).
Sell: When the price enters from above (red triangle).
Inputs
MA Length: 50 (This is the period for the central Simple Moving Average (SMA).)
Cycle Period: 50 (This is the elliptic cycle length.)
Volatility Multiplier: 2.0 (This value scales the band width.)
Mathematical Foundation
The indicator is based on the ellipse equation. The basic formula is:
Ellipse Equation:
(x^2) / (a^2) + (y^2) / (b^2) = 1
Solving for y:
y = b * sqrt(1 - (x^2) / (a^2))
Parameters Explained:
a: Set to 1 (normalized).
x: Varies from -1 to 1 over the period.
b: Calculated as:
ta.stdev(close, MA Length) * Volatility Multiplier
(This represents the standard deviation of the close prices over the MA period, scaled by the volatility multiplier.)
y (offset): Represents the band distance from the moving average, forming the elliptic cycle.
Behavior
Bands:
The bands are narrow at the cycle edges (when the offset is 0) and become widest at the midpoint (when the offset equals b).
Trend:
The central moving average (MA) shows the overall trend direction, while the bands adjust according to the volatility.
Signals:
Standard buy and sell signals are generated when the price interacts with the bands.
Practical Use
Trend Identification:
If the price is above the MA, it indicates an uptrend; if below, a downtrend.
Support and Resistance:
The elliptic bands act as dynamic support and resistance levels.
Narrowing bands may signal potential trend reversals.
Breakouts:
Nebula Volatility and Compression Radar (TechnoBlooms)This dynamic indicator spots volatility compression and expansion zones, highlighting breakout opportunities with precision. Featuring vibrant Bollinger Bands, trend-colored candles and real-time signals, Nebula Volatility and Compression Radar (NVCR) is your radar for navigating price moves.
Key Features:-
1. Gradient Bollinger Bands - Visually stunning bands with gradient fills for clear price boundaries.
The gradient filling is coded simply so that even beginners can easily understand the concept. Trader can change the gradient color according to their preference.
fill(pupBB, pbaseBB,upBB,baseBB,top_color=color.rgb(238, 236, 94), bottom_color=color.new(chart.bg_color,100),title = "fill color", display =display.all,fillgaps = true,editable = false)
fill(pbaseBB, plowBB,baseBB,lowBB,top_color=color.new(chart.bg_color,100),bottom_color=color.rgb(230, 20, 30),title = "fill color", display =display.all,fillgaps = true,editable = false)
These two lines are used for giving gradient shades. You can change the colors as per your wish to give preferred color combination.
For Example:
Another Example:
2. Customizable Settings - Adjust Bollinger Bands, ATR and trend lengths to fit your trading styles.
3. Trend Insights - Candles turn green for uptrends, red for downtrends, and gray for neutral zones.
Nebula Volatility and Compression Radar create dynamic cloud like zones that illuminate trends with clarity.
Geometric Momentum Breakout with Monte CarloOverview
This experimental indicator uses geometric trendline analysis combined with momentum and Monte Carlo simulation techniques to help visualize potential breakout areas. It calculates support, resistance, and an aggregated trendline using a custom Geo library (by kaigouthro). The indicator also tracks breakout signals in a way that a new buy signal is triggered only after a sell signal (and vice versa), ensuring no repeated signals in the same direction.
Important:
This script is provided for educational purposes only. It is experimental and should not be used for live trading without proper testing and validation.
Key Features
Trendline Calculation:
Uses the Geo library to compute support and resistance trendlines based on historical high and low prices. The midpoint of these trendlines forms an aggregated trendline.
Momentum Analysis:
Computes the Rate of Change (ROC) to determine momentum. Breakout conditions are met only if the price and momentum exceed a user-defined threshold.
Monte Carlo Simulation:
Simulates future price movements to estimate the probability of bullish or bearish breakouts over a specified horizon.
Signal Tracking:
A persistent variable ensures that once a buy (or sell) signal is triggered, it won’t repeat until the opposite signal occurs.
Geometric Enhancements:
Calculates an aggregated trend angle and channel width (distance between support and resistance), and draws a perpendicular “breakout zone” line.
Table Display:
A built-in table displays key metrics including:
Bullish probability
Bearish probability
Aggregated trend angle (in degrees)
Channel width
Alerts:
Configurable alerts notify when a new buy or sell breakout signal occurs.
Inputs
Resistance Lookback & Support Lookback:
Number of bars to look back for determining resistance and support points.
Momentum Length & Threshold:
Period for ROC calculation and the minimum percentage change required for a breakout confirmation.
Monte Carlo Simulation Parameters:
Simulation Horizon: Number of future bars to simulate.
Simulation Iterations: Number of simulation runs.
Table Position & Text Size:
Customize where the table is displayed on the chart and the size of the text.
How to Use
Add the Script to Your Chart:
Copy the code into the Pine Script editor on TradingView and add it to your chart.
Adjust Settings:
Customize the inputs (e.g., lookback periods, momentum threshold, simulation parameters) to fit your analysis or educational requirements.
Interpret Signals:
A buy signal is plotted as a green triangle below the bar when conditions are met and the state transitions from neutral or sell.
A sell signal is plotted as a red triangle above the bar when conditions are met and the state transitions from neutral or buy.
Alerts are triggered only on the bar where a new signal is generated.
Examine the Table:
The table displays key metrics (breakout probabilities, aggregated trend angle, and channel width) to help evaluate current market conditions.
Disclaimer
This indicator is experimental and provided for educational purposes only. It is not intended as a trading signal or financial advice. Use this script at your own risk, and always perform your own research and testing before using any experimental tools in live trading.
Credit
This indicator uses the Geo library by kaigouthro. Special thanks to Cryptonerds and @Hazzantazzan for their contributions and insights.
Elliptic Curve SAROverview
The Elliptic Curve SAR indicator is an innovative twist on the traditional Parabolic SAR. Instead of relying solely on a fixed parabolic acceleration, this indicator incorporates elements from elliptic curve mathematics. It uses an elliptic curve defined by the equation y² = x³ + ax + b* along with a configurable base point, dynamically adjusting its acceleration factor to potentially offer different smoothing and timing in trend detection.
How It Works
Elliptic Curve Parameters:
The indicator accepts curve parameters a and b that define the elliptic curve.
A base point (x_p, y_p) on the curve is used as a starting condition.
Dynamic Acceleration:
Instead of a fixed acceleration step, the script computes a dynamic acceleration based on the current value of an intermediate variable (derived via the elliptic curve's properties).
An arctan function is used to non-linearly adjust the acceleration between a defined initial and maximum bound.
Trend & Reversal Detection:
The indicator tracks the current trend (up or down) using the computed SAR value.
It identifies trend reversals by comparing the current price with the SAR, and when a reversal is detected, it resets key parameters such as the Extreme Point (EP).
Visual Enhancements:
SAR Plot: Plotted as circles that change color based on trend direction (blue for uptrends, red for downtrends).
Extreme Point (EP): An orange line is drawn to show the highest high in an uptrend or the lowest low in a downtrend.
Reversal Markers: Green triangles for upward reversals and red triangles for downward reversals are displayed.
Background Color: A subtle background tint (light green or light red) reflects the prevailing trend.
How to Use the Indicator
Input Configuration:
Curve Parameters:
Adjust a and b to define the specific elliptic curve you wish to apply.
Base Point Settings:
Configure the base point (x_p, y_p) to set the starting conditions for the elliptic curve calculations.
Acceleration Settings:
Set the Initial Acceleration and Max Acceleration to tune the sensitivity of the indicator.
Chart Application:
Overlay the indicator on your price chart. The SAR values, Extreme Points, and reversal markers will be plotted directly on the price data.
Use the dynamic background color to quickly assess the current trend.
Customization:
You can further adjust colors, line widths, and shape sizes in the code to better suit your visual preferences.
Differences from the Traditional SAR
Calculation Methodology:
Traditional SAR relies on a parabolic curve with a fixed acceleration factor, which increases linearly as the trend continues.
Elliptic Curve SAR uses a mathematically-derived approach from elliptic curve theory, which dynamically adjusts the acceleration factor based on the curve’s properties.
Sensitivity and Signal Timing:
The use of the arctan function and elliptic curve addition provides a non-linear response to price movements. This may result in a different sensitivity to market conditions and potentially smoother or more adaptive signal generation.
Visual Enhancements:
The enhanced version includes trend-dependent colors, explicit reversal markers, and an Extreme Point plot that are not present in the traditional version.
The background color change further aids in visual trend recognition.
Conclusion
The Elliptic Curve SAR indicator offers an alternative approach to trend detection by integrating elliptic curve mathematics into its calculation. This results in a dynamic acceleration factor and enriched visual cues, providing traders with an innovative tool for market analysis. By fine-tuning the input parameters, users can adapt the indicator to better fit their specific trading style and market conditions.
Economic Crises by @zeusbottradingEconomic Crises Indicator by @zeusbottrading
Description and Use Case
Overview
The Economic Crises Highlight Indicator is designed to visually mark major economic crises on a TradingView chart by shading these periods in red. It provides a historical context for financial analysis by indicating when major recessions occurred, helping traders and analysts assess the performance of assets before, during, and after these crises.
What This Indicator Shows
This indicator highlights the following major economic crises (from 1953 to 2020), which significantly impacted global markets:
• 1953 Korean War Recession
• 1957 Monetary Tightening Recession
• 1960 Investment Decline Recession
• 1969 Employment Crisis
• 1973 Oil Crisis
• 1980 Inflation Crisis
• 1981 Fed Monetary Policy Recession
• 1990 Oil Crisis and Gulf War Recession
• 2001 Dot-Com Bubble Crash
• 2008 Global Financial Crisis (Great Recession)
• 2020 COVID-19 Recession
Each of these periods is shaded in red with 80% transparency, allowing you to clearly see the impact of economic downturns on various financial assets.
How This Indicator is Useful
This indicator is particularly valuable for:
✅ Comparative Performance Analysis – It allows traders and investors to compare how different assets (e.g., Gold, Silver, S&P 500, Bitcoin) performed before, during, and after major economic crises.
✅ Identifying Market Trends – Helps recognize recurring patterns in asset price movements during times of financial distress.
✅ Risk Management & Strategy Development – Understanding how markets reacted in the past can assist in making better-informed investment decisions for future downturns.
✅ Gold, Silver & Bitcoin as Safe Havens – Comparing precious metals and cryptocurrencies against traditional stocks (e.g., SPY) to analyze their performance as hedges during economic turmoil.
How to Use It in Your Analysis
By overlaying this indicator on your Gold, Silver, SPY, and Bitcoin chart (for example), you can quickly spot historical market reactions and use that insight to predict possible behaviors in future downturns.
⸻
How to Apply This in TradingView?
1. Click on Use on chart under the image.
2. Overlay it with Gold ( OANDA:XAUUSD ), Silver ( OANDA:XAGUSD ), SPY ( AMEX:SPY ), and Bitcoin ( COINBASE:BTCUSD ) for comparative analysis.
⸻
Conclusion
This indicator serves as a powerful historical reference for traders analyzing asset performance during economic downturns. By studying past crises, you can develop a data-driven investment strategy and improve your market insights. 🚀📈
Let me know if you need any modifications or enhancements!
TRP Stop-Loss and Position SizingScript is based on TRP to see both Long Stop Loss and Short Stop Loss, You can Also adjust the position size based on your capital and percentage risk.
DynamicHeikin-Ashi-RKDynamic Heikin-Ashi RK is an advanced Heikin-Ashi candle indicator with a unique ATR-based offset mechanism. This script refines traditional Heikin-Ashi calculations while dynamically shifting the candles using ATR multipliers, helping traders visualize market trends with greater clarity.
🔹 Features:
✔ Customizable Heikin-Ashi colors
✔ ATR-based dynamic candle offset
✔ Enhanced trend visualization
This tool is ideal for traders looking for a smoother trend representation while incorporating volatility-based adjustments. 🚀
Customizations Available in Dynamic Heikin-Ashi RK
This indicator allows several customizations to suit different trading styles:
🔹 Heikin-Ashi Candle Display: Toggle the visibility of Heikin-Ashi candles.
🔹 Custom Colors: Choose custom colors for bullish and bearish Heikin-Ashi candles.
🔹 ATR-Based Dynamic Offset: Adjust the ATR multiplier to control the offset of Heikin-Ashi candles, helping fine-tune trend visualization.
🔹 Refined Heikin-Ashi Calculation: Uses a smoother formula for Heikin-Ashi candles, enhancing clarity.
With these options, traders can personalize the indicator for better trend detection and volatility analysis. 🚀
Point and Figure Target ForecastPoint and Figure Target Forecast
This Pine Script provides a simple Point and Figure (P&F) chart target forecasting tool, designed to help traders estimate potential price targets based on the Point and Figure charting methodology.
The script calculates target levels using a user-defined box size and reversal factor, which are essential components of the Point and Figure technique. The targets are displayed as green (upward) and red (downward) lines on the chart, with labels marking the calculated target levels.
Key Features:
Box Size and Reversal Control: Allows users to set the size of each box and the number of boxes required for a reversal.
Target Forecasting: Calculates and plots potential upward and downward targets based on the selected parameters.
Visual Labels: Displays target levels with clear labels for easy visualization.
This tool provides a simplified approach to forecasting price targets using the Point and Figure charting method, ideal for traders looking to anticipate potential price movements and structure their trades accordingly.
Volume Buy/Sell ChartVolume Buy/Sell Chart
This script visualizes the distribution of buying and selling volume within each candlestick, helping traders identify dominant market pressure at a glance. It separates volume into Buy Volume (Green) and Sell Volume (Red) using a unique calculation based on price movement within a candle.
Features:
✅ Customizable Bar Display: Choose to display 5, 10, or 100 bars using a simple dropdown selection.
✅ Buy & Sell Volume Calculation: The script determines buying and selling volume dynamically based on price action within the candle.
✅ Custom Volume Threshold for Alerts: Set a percentage threshold (0–100) to trigger alerts when buy or sell volume exceeds a predefined level.
✅ Color-Coded Histogram:
Green Bars: Represent the estimated buy volume.
Red Bars: Represent the estimated sell volume.
✅ Alerts Integration: Automatically detect strong buy or sell signals when the respective volume percentage exceeds your set threshold.
How It Works:
The script calculates total price movement within a candle.
It then estimates buying and selling volume ratios based on whether the price closes higher or lower than it opened.
Finally, it normalizes the buy/sell volume against the total volume and plots it as a column chart.
Usage Guide:
Add the script to your chart.
Select how many bars to display (5, 10, or 100).
Adjust the Custom Volume Percentage Threshold (default: 75%).
Watch for significant buy/sell volume imbalances that might indicate market turning points!
This tool is great for traders looking to analyze volume flow and market sentiment with a simple yet effective visualization. 🚀
EZ_Algo Copyright label
This script overlays a fully adjustable watermark on your chart, featuring:
A bold Main Title (e.g., your brand or name) and Subtitle (e.g., a tagline or ID).
Optional extras like a copyright notice, logo symbol, warning message, and chart info (symbol, timeframe, timestamp, or close price).
A subtle repeating overlay pattern to deter theft.
Flexible positioning, sizing, and color options to match your vib
e
It’s built for traders who want to protect their charts and make them stand out, all in a few clicks.
How to Use It
Add to Chart: Click "Add to Chart" and watch the default watermark appear (e.g., "EZ ALGO" at the top).
Customize It:
Main Title: Set your brand (e.g., "EZ ALGO") under "Main Title". Tweak color, size, and alignment.
Subtitle: Add a tagline (e.g., "Algo Trading") and trader ID (e.g., "@EZ_Algo
") with matching style options.
Text Opacity: Adjust "Text Opacity" in "Appearance" to control title and subtitle transparency (0 = solid, 100 = invisible).
Chart Info: Toggle "Show Chart Info" to display symbol and timestamp, or add "Show Close Price" for extra data.
Extras: Enable "Show Copyright" for a © notice, "Show Logo" for a symbol (e.g., ★), or "Show Warning" to shout "DO NOT COPY".
Overlay Pattern: Turn on "Show Overlay Pattern" to repeat a phrase (e.g., "EZ Algo") across the chart.
Positioning: Pick vertical/horizontal spots (top, middle, bottom; left, center, right) or try "Randomize Main Position" for a surprise placement.
Appearance: Set a "Background Color" and "Background Opacity" for the watermark’s backdrop.
Cell Size: Adjust "Cell Width (%)" and "Cell Height (%)" to resize the watermark (0 = auto-fit).
Apply & Share: Hit "OK" to save settings, then screenshot or share your branded chart with confidence!
Tips
Use a semi-transparent background (e.g., 50 opacity) to keep the chart readable.
Experiment with "Randomize Main Position" for a dynamic look.
Pair a bold logo with a faint overlay pattern for max branding power.
Credits
Inspired by @KristaKT
thanks for the great ideas!
Enjoy marking your charts with flair and protection! Questions? Drop a comment below.
Multi-Timeframe PSAR Indicator ver 1.0Enhance your trend analysis with the Multi-Timeframe Parabolic SAR (MTF PSAR) indicator! This powerful tool displays the Parabolic SAR (Stop and Reverse) from both the current chart's timeframe and a higher timeframe, all in one convenient view. Identify potential trend reversals and set dynamic trailing stops with greater confidence by understanding the broader market context.
Key Features:
Dual Timeframe Analysis: Simultaneously visualize the PSAR on your current chart and a user-defined higher timeframe (e.g., see the Daily PSAR while trading on the 1-hour chart). This helps you align your trades with the dominant trend.
Customizable PSAR Settings: Fine-tune the PSAR calculation with adjustable Start, Increment, and Maximum values. Optimize the indicator's sensitivity to match your trading style and the volatility of the asset.
Independent Timeframe Control: Choose to display either or both the current timeframe PSAR and the higher timeframe PSAR. Focus on the information most relevant to your analysis.
Clear Visual Representation: Distinct colors for the current and higher timeframe PSAR dots make it easy to differentiate between the two. Quickly identify potential entry and exit points.
Configurable Colors You can easily change colors of Current and HTF PSAR.
Standard PSAR Logic: Uses the classic Parabolic SAR algorithm, providing a reliable and widely-understood trend-following indicator.
lookahead=barmerge.lookahead_off used in the security function, there is no data leak or repainting.
Benefits:
Improved Trend Identification: Spot potential trend changes earlier by observing divergences between the current and higher timeframe PSAR.
Enhanced Risk Management: Use the PSAR as a dynamic trailing stop-loss to protect profits and limit potential losses.
Greater Trading Confidence: Make more informed decisions by considering the broader market trend.
Reduced Chart Clutter: Avoid the need to switch between multiple charts to analyze different timeframes.
Versatile Application: Suitable for various trading styles (swing trading, day trading, trend following) and markets (stocks, forex, crypto, etc.).
How to Use:
Add to Chart: Add the "Multi-Timeframe PSAR" indicator to your TradingView chart.
Configure Settings:
PSAR Settings: Adjust the Start, Increment, and Maximum values to control the PSAR's sensitivity.
Multi-Timeframe Settings: Select the desired "Higher Timeframe PSAR" resolution (e.g., "D" for Daily). Enable or disable the display of the current and/or higher timeframe PSAR using the checkboxes.
Interpret Signals:
Current Timeframe PSAR: Dots below the price suggest an uptrend; dots above the price suggest a downtrend.
Higher Timeframe PSAR: Provides context for the overall trend. Agreement between the current and higher timeframe PSAR strengthens the trend signal. Divergences may indicate potential reversals.
Trade Management:
Use PSAR dots as dynamic trailing stop.
Example Use Cases:
Confirming Trend Strength: A trader on a 1-hour chart sees the 1-hour PSAR flip bullish (dots below the price). They check the MTF PSAR and see that the Daily PSAR is also bullish, confirming the strength of the uptrend.
Identifying Potential Reversals: A trader sees the current timeframe PSAR flip bearish, but the higher timeframe PSAR remains bullish. This divergence could signal a potential pullback within a larger uptrend, or a warning of a more significant reversal.
Trailing Stops: A trader enters a long position and uses the current timeframe PSAR as a trailing stop, moving their stop-loss up as the PSAR dots rise.
Disclaimer: The Parabolic SAR is a lagging indicator and may produce false signals, especially in ranging markets. It is recommended to use this indicator in conjunction with other technical analysis tools and risk management strategies. Past performance is not indicative of future results.
XGBoost Approximation Indicator with HTF Filter Ver. 3.2XGBoost Approx Indicator with Higher Timeframe Filter Ver. 3.2
What It Is
The XGBoost Approx Indicator is a technical analysis tool designed to generate trading signals based on a composite of multiple indicators. It combines Simple Moving Average (SMA), Relative Strength Index (RSI), MACD, Rate of Change (ROC), and Volume to create a composite indicator score. Additionally, it incorporates a higher timeframe filter (HTF) to enhance trend confirmation and reduce false signals.
This indicator helps traders identify long (buy) and short (sell) opportunities based on a weighted combination of trend-following and momentum indicators.
How to Use It Properly
Setup and Configuration:
Add the indicator to your TradingView chart.
Customize input settings based on your trading strategy. Key configurable inputs include:
HTF filter (default: 1-hour)
SMA, RSI, MACD, and ROC lengths
Custom weightings for each component
Thresholds for buy and sell signals
Understanding the Signals:
Green "Long" Label: Appears when the composite indicator crosses above the buy threshold, signaling a potential buy opportunity.
Red "Short" Label: Appears when the composite indicator crosses below the sell threshold, signaling a potential sell opportunity.
These signals are filtered by a higher timeframe SMA trend to improve accuracy.
Alerts:
The indicator provides alert conditions for long and short entries.
Traders can enable alerts in TradingView to receive real-time notifications when a new signal is triggered.
Safety and Best Practices
Use in Conjunction with Other Analysis: Do not rely solely on this indicator. Combine it with price action, support/resistance levels, and fundamental analysis for better decision-making.
Adjust Settings for Your Strategy: The default settings may not suit all markets or timeframes. Test different configurations before trading live.
Backtest Before Using in Live Trading: Evaluate the indicator’s past performance on historical data to assess its effectiveness in different market conditions.
Avoid Overtrading: False signals can occur, especially in low volatility or choppy markets. Use additional confirmation (e.g., trendlines or moving averages).
Risk Management: Always set stop-loss levels and position sizes to limit potential losses.
Highs & Lows - Multi TimeFrame### **📌 HL-MWD (Highs & Lows - Multi Timeframe Indicator) – Community Release**
#### **🔹 Overview**
The **HL-MWD Indicator** is a **multi-timeframe support & resistance tool** that plots **historical highs and lows** from **daily, weekly, and monthly timeframes** onto an intraday chart. It helps traders **identify key levels of support and resistance** that have influenced price action over different timeframes.
This indicator is useful for **day traders, swing traders, and position traders** who rely on **multi-timeframe analysis** to spot critical price levels.
---
### **🔥 Key Features**
✅ **Plots Highs & Lows for Daily, Weekly, and Monthly Timeframes**
✅ **Customizable Lookback Periods for Each Timeframe**
✅ **Adjustable Line Colors, Styles (Solid, Dotted, Dashed), and Widths**
✅ **Extend Lines into the Future to Identify Key Price Levels**
✅ **Option to Display Price Labels for Each Level**
✅ **Gradient Option to Highlight Recent Highs & Lows (Disabled by Default)**
✅ **Compatible with Intraday, Daily, and Weekly Charts**
---
### **📈 How It Works**
- **Daily Highs & Lows:** Captures the **highest and lowest prices** within the selected lookback period (default: **14 bars**).
- **Weekly Highs & Lows:** Marks the **highest and lowest prices** within the chosen weekly lookback (default: **52 bars**).
- **Monthly Highs & Lows:** Displays the **high and low points** from the monthly timeframe (default: **36 bars**).
- **Extended Lines:** Project past highs and lows **into the future** to help identify **potential support & resistance zones**.
---
### **⚠️ TradingView Lookback Limitations**
🔹 **TradingView has a limit on how many historical bars can be accessed per timeframe**, which affects how far back the indicator can retrieve data.
🔹 **Intraday charts (e.g., 5m, 15m) have a limited number of past bars**, meaning:
- **You won’t be able to view 36 months' worth of monthly levels** on a **5-minute chart**, because TradingView doesn’t store that much data in lower timeframes.
- **If multiple timeframes (e.g., weekly + monthly) are enabled at the same time**, some historical data may **not be available on shorter timeframes**.
🔹 **Recommendation:**
- If using **monthly lookbacks (36 months+), view them on a daily or higher timeframe**.
- If using **weekly lookbacks (52 weeks+), higher intraday timeframes (e.g., 1-hour, 4-hour) are better suited**.
- **Lower timeframes (1m, 5m, 15m) may miss some levels** if TradingView's bar limit is exceeded.
---
### **⚙️ Customization Options**
| **Setting** | **Default Value** | **Description** |
|------------------|----------------|----------------|
| **Daily Lookback** | `14` | Number of bars used to calculate daily highs/lows. |
| **Weekly Lookback** | `52` | Number of bars used to calculate weekly highs/lows. |
| **Monthly Lookback** | `36` | Number of bars used to calculate monthly highs/lows. |
| **Line Colors** | Daily: `Blue` Weekly: `Green` Monthly: `Red` | Customizable colors for each timeframe. |
| **Line Style** | `Solid` | Options: Solid, Dashed, Dotted. |
| **Line Width** | `1` | Thickness of the plotted lines. |
| **Extend Line** | `1` | Controls how far the highs/lows extend into the future. |
| **Display Price Labels** | `Enabled` | Shows price labels on each level. |
---
### **🛠️ How to Use It**
- **Enable/disable different timeframes** based on your strategy.
- **Customize colors, line styles, and widths** to match your charting style.
- **Use extended lines to identify support & resistance zones.**
- **Watch price reactions at these levels** for potential entries, exits, and stop-loss placements.
---
### **🚀 Final Thoughts**
The **HL-MWD Indicator** is a **powerful multi-timeframe tool** that helps traders **visualize key support & resistance levels** from higher timeframes on an intraday chart.
⚠️ **However, TradingView’s lookback limits apply—so for longer-term levels, higher timeframes are recommended.**
📌 **Now published for the community!** Let me know if you need any last-minute tweaks! 🔥
Equity Curve with Trend Indicator (Long & Short) - SimulationOverview:
Market Regime Detector via Virtual Equity Curve is a unique indicator that simulates the performance of a trend-following trading system—incorporating both long and short trades—to help you identify prevailing market regimes. By generating a “virtual equity” curve based on simple trend signals and applying trend analysis directly on that curve, this indicator visually differentiates trending regimes from mean-reverting (or sideways) periods. The result is an intuitive display where green areas indicate a trending (bullish) regime (i.e., where trend-following strategies are likely to perform well) and red areas indicate a mean-reverting (bearish) regime.
Features:
Simulated Trade Performance:
Uses a built-in trend-following logic (a simple 10/50 SMA crossover example) to simulate both long and short trades. This simulation creates a virtual equity curve that reflects the cumulative performance of the system over time.
Equity Trend Analysis:
Applies an Exponential Moving Average (EMA) to the simulated equity curve to filter short-term noise. The EMA acts as a trend filter, enabling the indicator to determine if the equity curve is in an upward (trending) or downward (mean-reverting) phase.
Dynamic Visual Regime Detection:
Fills the area between the equity curve and its EMA with green when the equity is above the EMA (indicating a healthy trending regime) and red when below (indicating a mean-reverting or underperforming regime).
Customizable Parameters:
Easily adjust the initial capital, the length of the equity EMA, and other settings to tailor the simulation and visual output to your trading style and market preferences.
How It Works:
Trade Simulation:
The indicator generates trading signals using a simple SMA crossover:
When the 10-period SMA is above the 50-period SMA, it simulates a long entry.
When the 10-period SMA is below the 50-period SMA, it simulates a short entry. The virtual equity is updated bar-by-bar based on these simulated positions.
Equity Trend Filtering:
An EMA is calculated on the simulated equity curve to smooth out fluctuations. The relative position of the equity curve versus its EMA is then used as a proxy for the market regime:
Bullish Regime: Equity is above its EMA → fill area in green.
Bearish Regime: Equity is below its EMA → fill area in red.
Visualization:
The indicator plots:
A gray line representing the simulated equity curve.
An orange line for the EMA of the equity curve.
A dynamic fill between the two lines, colored green or red based on the prevailing regime.
Inputs & Customization:
Initial Capital: Set your starting virtual account balance (default: 10,000 USD).
Equity EMA Length: Specify the lookback period for the EMA applied to the equity curve (default: 30).
Trend Signal Logic:
The current implementation uses a simple SMA crossover for demonstration purposes. Users can modify or replace this logic with their own trend-following indicator to tailor the simulation further.
ATR Percentages BoxThis custom indicator provides a quick visual reference for volatility-based price ranges, directly on your TradingView charts. It calculates and displays three ranges derived from the Daily Average True Range (ATR) with a standard 14-period setting:
5 Min (3% ATR): Ideal for very short-term scalping and quick intraday moves.
1 Hour (5% ATR): Useful for hourly setups, short-term trades, and intraday volatility assessment.
Day (10% ATR): Perfect for daily volatility context, swing trades, or placing stops and targets.
The ranges are clearly shown in a compact box at the top-right corner, providing traders immediate insights into realistic price movements, helping to optimise entries, stops, and profit targets efficiently.
Smart Scalper Indicator🎯 How the Smart Scalper Indicator Works
1. EMA (Exponential Moving Average)
EMA 10 (Blue Line):
Shows the short-term trend.
If the price is above this line, the trend is bullish; if below, bearish.
EMA 20 (Orange Line):
Displays the longer-term trend.
If EMA 10 is above EMA 20, it indicates a bullish trend (Buy signal).
2. SuperTrend
Green Line:
Represents support levels.
If the price is above the green line, the market is considered bullish.
Red Line:
Represents resistance levels.
If the price is below the red line, the market is considered bearish.
3. VWAP (Volume Weighted Average Price)
Purple Line:
Indicates the average price considering volume.
If the price is above the VWAP, the market is strong (Buy signal).
If the price is below the VWAP, the market is weak (Sell signal).
4. ATR (Average True Range)
Used to measure market volatility.
An increasing ATR indicates higher market activity, enhancing the reliability of signals.
ATR is not visually displayed but is factored into the signal conditions.
⚡ Entry Signals
Green Up Arrow (Buy):
EMA 10 is above EMA 20.
The price is above the SuperTrend green line.
The price is above the VWAP.
Volatility (ATR) is increasing.
Red Down Arrow (Sell):
EMA 10 is below EMA 20.
The price is below the SuperTrend red line.
The price is below the VWAP.
Volatility (ATR) is increasing.
🔔 Alerts
"Buy Alert" — Notifies when a Buy condition is met.
"Sell Alert" — Notifies when a Sell condition is met.
✅ How to Use the Indicator:
Add the indicator to your TradingView chart.
Enable alerts to stay updated on signal triggers.
Check the signal:
A green arrow suggests a potential Buy.
A red arrow suggests a potential Sell.
Set Stop-Loss:
Below the SuperTrend line or based on ATR levels.
Take Profit:
Target 1-2% for short-term trades.
AutoFibGauge (TechnoBlooms) AutoFibGauge help users to understand Fibonacci retracement with auto-drawn levels from previous candes, dual moving average crossover for trend confirmation, and a thermometer for quick Fib level identification.
This indicator is designed to streamline your trading decisions. By automatically plotting the Fibonacci levels based on previous candles, it aids in identifying key support and resistance zones. User can choose the number of previous candles for which the Fibonacci is calculated.
Paired with a dual moving average crossover system for robust trend confirmation, this tools helps in aligning with the market's direction.
A dynamic thermometer display that instantly highlights critical Fib levels, making it easier than ever to spot opportunities at a glance.
Nifty/Gold RatioPrice of NIFTY in GOLD. Highs indicate that Gold is getting cheaper, Lows indicate Nifty is getting cheaper.
[COW] Day Percent LevelsThis indicator plots on your chart 2 levels, the daily percentage changes required to know by most prop firms and other exchanges. 5% is often a cutoff point for prop firm day traders and can get you banned if you trade past these levels. This indicator allows you to adjust the percentage as well as the lines and labels to your liking.
This is key when using prop firms as it is a level you must be aware of when trading. This can help you avoid being banned, your account being closed, or other disciplinary action based on trading past these levels.
Enjoy!
THE Bucknut test PARI (SPY)📌 THE Bucknut Test PARI – Market Momentum & Volatility Gauge
🔹 Description
THE Bucknut Test PARI Indicator is a momentum and volatility-based market gauge designed to provide clear, actionable insights on price movement. This indicator calculates a Price Action Relative Index (PARI) score to help traders evaluate risk and potential market reversals.
It utilizes exponential moving average (EMA)-based momentum, standard deviation volatility, and SPY correlation to generate a PARI score between 1-100. The score is then categorized into risk zones, helping traders identify when conditions are favorable for entries or caution is needed.
Ideal for intraday traders, options traders (including SPX 0DTE), and swing traders looking to gauge volatility-driven market shifts.
🔥 Features & Functionality
✅ Momentum Calculation via EMA Filtering – Ensures smooth, responsive signals.
✅ Volatility-Based Adjustments – Uses standard deviation-based volatility scaling.
✅ SPY Correlation Filtering – Helps align momentum signals with market sentiment.
✅ User-Defined Timeframe Settings – Adjusts dynamically based on selected time intervals.
✅ Customizable Risk Thresholds – Allows traders to define high-risk, neutral, and low-risk zones.
✅ Non-Repainting Algorithm – Ensures reliable, static signals without revision.
⚙️ Settings & Adjustments
Setting Default Value Description
Time Frame Mode "5m-15m" Choose between 1m-3m, 5m-15m, or 1H-Daily. Affects smoothing values.
Scaling Factor 10 Adjusts PARI score sensitivity. Higher values amplify movement.
Background Color Black Custom background for the indicator panel.
Background Transparency 85 Controls indicator panel opacity (0 = solid, 100 = invisible).
High-Risk Threshold 80 Above this level, market is in overbought/high-risk conditions.
Low-Risk Threshold 20 Below this level, market is oversold/low-risk for potential reversals.
Neutral Level 50 Middle ground where price action is balanced.
📈 How to Use THE Bucknut Test PARI
🔴 Above 80 (High-Risk Zone)
Market may be overheated, strong momentum may fade or reverse soon.
Caution with calls; potential put opportunities.
🟢 Below 20 (Low-Risk Zone)
Market is oversold, potential reversal or bounce incoming.
Consider long entries or avoiding shorts.
⚪ Between 20-80 (Neutral Zone)
Market is in equilibrium; follow primary trend direction.
No extreme risk, trend-following strategies preferred.
🔍 Example Use Cases
✔ Intraday Traders → Gauge market strength on short-term charts (1m-15m).
✔ SPX 0DTE Options Traders → Time high-confidence call/put setups.
✔ Swing Traders → Identify periods of excessive momentum or exhaustion.
ORB MOTORB MOT - Opening Range Breakout Indicator (Educational purpos only)
The ORB MOT (Opening Range Breakout Multi-Option Tool) is a powerful TradingView indicator designed to help traders identify and capitalize on market breakouts based on the opening range. This tool provides extensive customization options, allowing traders to fine-tune their breakout strategies according to different timeframes and trading sessions.
Key Features:
Configurable Opening Range: Traders can define the opening range period (1, 2, 3, 5, 15, or 30 minutes) to suit their trading strategy.
Session-Based Analysis: The indicator automatically adjusts for market session times and provides an optional international override for different time zones.
Visual Representation: ORB levels are displayed with clear labels, shaded regions, and customizable colors for easy identification.
Breakout and Retest Detection: Identifies breakout points and potential retests, helping traders make informed decisions.
Multiple Price Targets: Calculates and plots key levels such as 50%, 100%, 150%, and 200% price targets for potential trade exits.
Fibonacci Extensions: Optional Fibonacci targets (21.2%, 61.8%) can be displayed for additional market confluence.
Alerts and Notifications: Provides alerts for breakout conditions, ensuring traders don’t miss critical movements.
How It Works:
The indicator calculates the high and low of the selected opening range.
Breakout points are identified when price crosses above or below the range.
The indicator plots multiple price targets based on the range's size.
Traders can visualize past ORB levels and retests for better trend analysis.
Alerts notify users of significant breakout events.
Who Can Use This Indicator?
Scalpers & Day Traders: Perfect for identifying quick breakout opportunities.
Swing Traders: Helps determine key levels for potential reversals or trend continuations.
Institutional & Retail Traders: Useful for analyzing market structure and setting price targets.
The ORB MOT indicator is a must-have tool for traders looking to refine their breakout strategy with precision and ease. Whether you're a beginner or an experienced trader, this indicator provides valuable insights into market movements and trading opportunities.
Timeframe HighlighterThis indicator allows traders to highlight specific timeframes on their chart. Highlights can be applied to specific symbols or all symbols. Traders can also define multiple timeframes with different colors and toggle each highlight on or off as needed.
Notes:
The times are based on the EST time zone.
If an invalid symbol is entered the highlight will be ignored.
High and Low with Horizontal TableHigh and Low with Horizontal Table Indicator
Overview
The "High and Low with Horizontal Table" indicator is designed for traders who wish to monitor key levels based on specific candle times, along with dynamic risk-to-reward ratios and ATR-based values. This indicator features real-time calculations, visual cues, and a table for quick reference of the calculated values.
Key Features
Custom Time Inputs:
Users can define two specific time inputs to select the candles for the High and Low prices. These times can target the same or separate candles.
ATR-based Calculation:
The indicator allows users to apply an ATR Multiplier to adjust the calculation of key levels. By default, the ATR multiplier is set to 1.2, but users can adjust it to their preferred value (e.g., 1.5 or 2).
Risk-to-Reward (R:R) Calculation:
The Risk-to-Reward Ratio (R:R) is used to calculate potential Take Profit (TP) levels based on the high and low of the selected candle(s).
The default R:R ratio is 2.0, but it can be customized to suit the trader’s strategy.
Visual Markings:
The High and Low values are plotted with subtle markers on the chart (cross style) for easy identification. The display of these markers is subdued for minimal visual distraction.
Horizontal Table Display:
A horizontal table is generated in the top-right corner of the chart, providing a quick reference for the following values:
High and Low of the selected candle(s)
High + ATR Multiplier and Low - ATR Multiplier
R:R ratio
Buy TP and Sell TP levels
Each value is displayed with a reasonable number of decimal places (4 decimals) for major forex pairs, XAUUSD, and BTCUSD.
Input Parameters
Hour and Minute for High Candle: Select the time for the candle that will determine the High.
Hour and Minute for Low Candle: Select the time for the candle that will determine the Low.
ATR Multiplier: A customizable input for adjusting the ATR-based calculations (default is 1.2).
Risk-to-Reward (R:R): Set the ratio to determine the TP levels (default is 2.0).
How It Works
The user defines two distinct time inputs (one for the High and one for the Low).
At the specified times, the indicator captures the High and Low prices of the candles.
The ATR is calculated and adjusted by the user-defined ATR Multiplier to determine buffers above the High and below the Low.
The Risk-to-Reward ratio is applied to calculate the Take Profit levels.
All of these values are displayed on the chart and updated in real time. The horizontal table ensures quick reference to all the key levels without cluttering the main chart.
Use Cases
Trend Trading: Identify potential support and resistance levels based on specific timeframes and adjust TP targets using ATR.
Scalping: Use the ATR and R:R calculations to target precise entry and exit points.
Market Opens: Track key market opens (such as New York and London) with candle times that reflect your trading strategy.
Conclusion
The High and Low with Horizontal Table indicator is a powerful tool for traders looking to combine precise candle-based level tracking with ATR-based risk management. By displaying key levels and TP targets in a clear, tabular format, traders can quickly assess and act on key price levels throughout their trading sessions.
