Reversal Strength Meter – Adib NooraniThe Reversal Strength Meter is an oscillator designed to identify potential reversal zones based on supply and demand dynamics. It uses smoothed stochastic logic to reduce noise and highlight areas where momentum may be weakening, signaling possible market turning points.
🔹 Smooth, noise-reduced stochastic oscillator
🔹 Custom zones to highlight potential supply and demand imbalances
🔹 Non-repainting, compatible across all timeframes and assets
🔹 Visual-only tool — intended to support discretionary trading decisions
This oscillator assists scalpers and intraday traders in tracking subtle shifts in momentum, helping them identify when a market may be preparing to reverse — always keeping in mind that trading is based on probabilities, not certainties.
📘 How to Use the Indicator Efficiently
For Reversal Trading:
Buy Setup
– When the blue line dips below the 20 level, wait for it to re-enter above 20.
– Look for reversal candlestick patterns (e.g., bullish engulfing, hammer, or morning star).
– Enter above the pattern’s high, with a stop loss below its low.
Sell Setup
– When the blue line rises above the 80 level, wait for it to re-enter below 80.
– Look for bearish candlestick patterns (e.g., bearish engulfing, inverted hammer, or evening star).
– Enter below the pattern’s low, with a stop loss above its high.
🛡 Risk Management Guidelines
Risk only 0.5% of your capital per trade
Book 50% profits at a 1:1 risk-reward ratio
Trail the remaining 50% using price action or other supporting indicators
Chỉ báo và chiến lược
Reversal Scalping Ribbon - Adib NooraniThe Reversal Scalping Ribbon is a trend-following overlay tool designed to visually identify potential reversal zones based on price extremes and dynamic volatility bands. It calculates adaptive upper and lower bands using price action and custom ATR logic, helping traders quickly assess market direction and possible turning points
🔹 Volatility-adjusted bands based on price highs/lows
🔹 Color-coded ribbons to indicate trend bias and potential reversal shifts
🔹 No repainting, works on all timeframes and assets
🔹 Visual-only display, no trade signals — supports discretion-based entries
This ribbon is designed for scalpers and intraday traders to spot reversal setups with clarity. It enhances your trading by showing real-time market bias without unnecessary distractions. By focusing on probabilities, it helps to improve decision-making in fast-paced environments
How to use the indicator efficiently
For Reversal Trading:
Buy: When price closes below the green ribbon with a red candle, then re-enters with a green candle. Enter above the high of the green candle with a stop loss below the lowest low of the recent green/red candles
Sell: When price closes above the red ribbon with a green candle, then re-enters with a red candle. Enter below the low of the red candle with a stop loss above the highest high of the recent red/green candles
Risk Management:
Limit risk to 0.5% of your capital per trade
Take 50% profit at a 1:1 risk-reward ratio
For the remaining 50%, trail using the lower edge of the green band for buys and the upper edge of the red band for sells
Arena-Hub-DC-Strategy V3.1This script must be individually configured for each cryptocurrency. After monitoring several coins, I’ve realized that each one requires its own unique setup. There's no “one-size-fits-all” — and different timeframes require different configurations as well.
⚠️ Risk management is essential.
If you're not familiar with proper risk management, please do not use this script. Make sure to configure your commission and slippage settings appropriately, as these are critical for realistic backtesting results. The Stop Loss and Take Profit levels are not automated — they must be adjusted by the user.
This script is not a financial advisor. It won't make risk or profit-related decisions for you. It's a tool designed to help identify potential entries, trends, and exit opportunities — but all final decisions must be made by the trader.
The default settings are only examples. You’ll need to customize them for each crypto asset and timeframe to make the strategy truly work for your style and market conditions.
The script evaluates:
The positioning of two RSIs relative to each other
Their alignment with a customizable RSI-EMA
The values of EMAs and the ATR (volatility)
A custom weighting system using ADR and VOLUME, which strongly affects trade signals. The weights can be adjusted in 0.1 increments, and even small changes can have a big impact — so fine-tuning is important!
These indicators were chosen because they complement each other:
RSI and its EMA help identify momentum shifts
ATR gauges volatility to confirm market conditions
ADR and VOLUME help filter weak signals and fine-tune entries and exits
🔍 Important: Only use this script if you understand how RSI, EMA, ATR, ADR, and VOLUME indicators work, and are comfortable making your own trading decisions.
The backtest results are based on historical data — the script cannot see the future, not even guess it. Please use it responsibly.
This script is an advanced trend-following strategy that dynamically combines RSI, SMA, EMA, ATR, ADX, and volume indicators using a unique weighting and filtering mechanism. Instead of simply combining traditional indicators, it applies them in a unique way:
✅ Dual RSI Comparison: The strategy utilizes two RSI indicators, analyzing their relative movement to filter out false signals and provide more precise entry points.
✅ Custom Entry and Exit Rules: EMA crossovers alone do not generate signals; instead, they go through a dynamic RSI filter that takes market volatility into account using ATR and ADX.
✅ Intelligent Trend Identification: Instead of standard moving averages, a uniquely weighted SMA/EMA system is used to assess trend strength and stability.
✅ ATR, ADX & Volume-Based Weighting: The EMA length is dynamically adjusted based on ATR, ADX, and volume, allowing moving averages to react faster in strong trends while smoothing out in choppy markets.
Advanced Dynamic EMA Zone
This is not your typical EMA indicator. It's an enhanced, dynamically adaptive trend zone that:
✅ Applies gradient shading – The zone between EMAs is divided into four layers, highlighting trend strength through smooth color transitions.
✅ Visualizes trend intensity – The strongest trends appear in the darkest shades, while weaker moves fade into lighter tones.
✅ Brings moving averages to life – Instead of static lines, it creates a visually intuitive trend channel.
✅ Differentiates bullish & bearish phases – The cloud fades from dark green to light green during an uptrend and from dark red to light red in a downtrend.
✅ Filters out market noise – Weakening trends appear more transparent, instantly revealing when momentum starts to fade.
✅ Enhances decision-making – Crossovers alone are not trading signals, but the visual representation helps identify market conditions at a glance.
➡️ What makes it unique?
Traditional moving average indicators rely on basic lines, but this is a full-fledged trend visualization system, helping traders filter noise and better understand price momentum.
🔄 Improved Custom EMA Smoothing Control
We’ve enhanced the weighting factor input for better user control! Previously, the EMA smoothing factor (ema1_smooth_factor) had a fixed step size that limited precision. Now, users can fine-tune it in 0.1 increments for greater flexibility.
✅ What’s new?
More precise control over EMA smoothing with adjustable step size (step=0.1).
Better adaptability to different market conditions.
Smoother trend visualization for traders who prefer fine-tuned settings.
This update ensures our custom EMA visualization remains superior to standard indicators. 🎯🔥
TradeCrafted - Simple Scalping tool📈 TradeCrafted - Simple Scalping with Points Earned ( Suitable for use in any market — stocks, forex, crypto, commodities, and more.)
This indicator is engineered for high-precision scalping strategies and short-term intraday analysis. It combines multiple technical elements into a unified visual framework to assist traders with real-time decision-making.
Once a signal is generated:
A floating label (BUY or SELL) appears directly on the chart.
A horizontal line is drawn from the signal candle and automatically extends to the current bar.
The points gained or lost from the signal price to the current candle’s close are dynamically shown beside the price.
🔍 Key Features and Technical Breakdown:
🔁 Previous Daily Highs and Lows (10 levels each)
The script dynamically captures and plots the most recent 10 daily highs and 10 daily lows. These serve as key supply and demand zones, often acting as natural support and resistance levels. These levels help traders identify potential reversal or breakout zones.
📊 Stochastic-Based Buy/Sell Signal System
Uses a custom interpretation of the Stochastic Oscillator to identify momentum shifts.
Signals are filtered to start after the opening candle to reduce early-market noise.
Signals include point difference from entry, aiding risk-reward planning.
🕛 Daily Resetting EMAs
The indicator plots Exponential Moving Averages providing traders a fresh directional bias daily.
This helps in isolating short-term trends without carryover lag from the previous session.
📐 EMA Projection Lines (Trend Extension Tool)
Short-term EMA-based projection lines visually extend the prevailing trend, giving a forward-looking view of potential price movement. These act as trend confirmation zones when price action respects or crosses these levels.
🟢🔴 Candle Coloring System
Custom candle coloring dynamically reflects trend strength and direction, helping traders quickly spot trend continuation or reversal setups. Colors are based on internal momentum logic (e.g., EMA positioning or volume spike).
✅ Best Use Case:
This script is ideal for:
Scalping strategies on lower timeframes (1min, 5min, 15min)
Quick visual decision-making based on momentum + trend alignment
📌 Notes:
Only one signal (BUY or SELL) is displayed at a time to reduce clutter.
Signals are updated in real time — if no signal is active, the system waits silently.
This is a visual-only tool and does not repaint after the bar closes.
🚫 Disclaimer:
This script is for educational purposes only. Trading involves substantial risk. Please test thoroughly and use proper risk management before applying to live markets.
Quarterly Theory ICT 04 [TradingFinder] SSMT 4Quarter Divergence🔵 Introduction
Sequential SMT Divergence is an advanced price-action-based analytical technique rooted in the ICT (Inner Circle Trader) methodology. Its primary objective is to identify early-stage divergences between correlated assets within precise time structures. This tool not only breaks down market structure but also enables traders to detect engineered liquidity traps before the market reacts.
In simple terms, SMT (Smart Money Technique) occurs when two correlated assets—such as indices (ES and NQ), currency pairs (EURUSD and GBPUSD), or commodities (Gold and Silver)—exhibit different reactions at key price levels (swing highs or lows). This lack of alignment is often a sign of smart money manipulation and signals a lack of confirmation in the ongoing trend—hinting at an imminent reversal or at least a pause in momentum.
In its Sequential form, SMT divergences are examined through a more granular temporal lens—between intraday quarters (Q1 through Q4). When SMT appears at the transition from one quarter to another (e.g., Q1 to Q2 or Q3 to Q4), the signal becomes significantly more powerful, often aligning with a critical phase in the Quarterly Theory—a framework that segments market behavior into four distinct phases: Accumulation, Manipulation, Distribution, and Reversal/Continuation.
For instance, a Bullish SMT forms when one asset prints a new low while its correlated counterpart fails to break the corresponding low from the previous quarter. This usually indicates absorption of selling pressure and the beginning of accumulation by smart money. Conversely, a Bearish SMT arises when one asset makes a higher high, but the second asset fails to confirm, signaling distribution or a fake-out before a decline.
However, SMT alone is not enough. To confirm a true Market Structure Break (MSB), the appearance of a Precision Swing Point (PSP) is essential—a specific candlestick formation on a lower timeframe (typically 5 to 15 minutes) that reveals the entry of institutional participants. The combination of SMT and PSP provides a more accurate entry point and better understanding of premium and discount zones.
The Sequential SMT Indicator, introduced in this article, dynamically scans charts for such divergence patterns across multiple sessions. It is applicable to various markets including Forex, crypto, commodities, and indices, and shows particularly strong performance during mid-week sessions (Wednesdays and Thursdays)—when most weekly highs and lows tend to form.
Bullish Sequential SMT :
Bearish Sequential SMT :
🔵 How to Use
The Sequential SMT (SSMT) indicator is designed to detect time and structure-based divergences between two correlated assets. This divergence occurs when both assets print a similar swing (high or low) in the previous quarter (e.g., Q3), but in the current quarter (e.g., Q4), only one asset manages to break that swing level—while the other fails to reach it.
This temporal mismatch is precisely identified by the SSMT indicator and often signals smart money activity, a market phase transition, or even the presence of an engineered liquidity trap. The signal becomes especially powerful when paired with a Precision Swing Point (PSP)—a confirming candle on lower timeframes (5m–15m) that typically indicates a market structure break (MSB) and the entry of smart liquidity.
🟣 Bullish Sequential SMT
In the previous quarter, both assets form a similar swing low.
In the current quarter, one asset (e.g., EURUSD) breaks that low and trades below it.
The other asset (e.g., GBPUSD) fails to reach the same low, preserving the structure.
This time-based divergence reflects declining selling pressure, potential absorption, and often marks the end of a manipulation phase and the start of accumulation. If confirmed by a bullish PSP candle, it offers a strong long opportunity, with stop-losses defined just below the swing low.
🟣 Bearish Sequential SMT
In the previous quarter, both assets form a similar swing high.
In the current quarter, one asset (e.g., NQ) breaks above that high.
The other asset (e.g., ES) fails to reach that high, remaining below it.
This type of divergence signals weakening bullish momentum and the likelihood of distribution or a fake-out before a price drop. When followed by a bearish PSP candle, it sets up a strong shorting opportunity with targets in the discount zone and protective stops placed above the swing high.
🔵 Settings
⚙️ Logical Settings
Quarterly Cycles Type : Select the time segmentation method for SMT analysis.
Available modes include: Yearly, Monthly, Weekly, Daily, 90 Minute, and Micro.
These define how the indicator divides market time into Q1–Q4 cycles.
Symbol : Choose the secondary asset to compare with the main chart asset (e.g., XAUUSD, US100, GBPUSD).
Pivot Period : Sets the sensitivity of the pivot detection algorithm. A smaller value increases responsiveness to price swings.
Activate Max Pivot Back : When enabled, limits the maximum number of past pivots to be considered for divergence detection.
Max Pivot Back Length : Defines how many past pivots can be used (if the above toggle is active).
Pivot Sync Threshold : The maximum allowed difference (in bars) between pivots of the two assets for them to be compared.
Validity Pivot Length : Defines the time window (in bars) during which a divergence remains valid before it's considered outdated.
🎨 Display Settings
Show Cycle :Toggles the visual display of the current Quarter (Q1 to Q4) based on the selected time segmentation
Show Cycle Label : Shows the name (e.g., "Q2") of each detected Quarter on the chart.
Show Bullish SMT Line : Draws a line connecting the bullish divergence points.
Show Bullish SMT Label : Displays a label on the chart when a bullish divergence is detected.
Bullish Color : Sets the color for bullish SMT markers (label, shape, and line).
Show Bearish SMT Line : Draws a line for bearish divergence.
Show Bearish SMT Label : Displays a label when a bearish SMT divergence is found.
Bearish Color : Sets the color for bearish SMT visual elements.
🔔 Alert Settings
Alert Name : Custom name for the alert messages (used in TradingView’s alert system).
Message Frequency :
All: Every signal triggers an alert.
Once Per Bar: Alerts once per bar regardless of how many signals occur.
Per Bar Close: Only triggers when the bar closes and the signal still exists.
Time Zone Display : Choose the time zone in which alert timestamps are displayed (e.g., UTC).
Bullish SMT Divergence Alert : Enable/disable alerts specifically for bullish signals.
Bearish SMT Divergence Alert : Enable/disable alerts specifically for bearish signals
🔵 Conclusion
The Sequential SMT (SSMT) indicator is a powerful and precise tool for identifying structural divergences between correlated assets within a time-based framework. Unlike traditional divergence models that rely solely on sequential pivot comparisons, SSMT leverages Quarterly Theory, in combination with concepts like liquidity sweeps, market structure breaks (MSB) and precision swing points (PSP), to provide a deeper and more actionable view of market dynamics.
By using SSMT, traders gain not only the ability to identify where divergence occurs, but also when it matters most within the market cycle. This empowers them to anticipate major moves or traps before they fully materialize, and position themselves accordingly in high-probability trade zones.
Whether you're trading Forex, crypto, indices, or commodities, the true strength of this indicator is revealed when used in sync with the Accumulation, Manipulation, Distribution, and Reversal phases of the market. Integrated with other confluence tools and market models, SSMT can serve as a core component in a professional, rule-based, and highly personalized trading strategy.
Stochastic M1+M5 with EMA + 4H FilterThis indicator combines multi-timeframe Stochastic signals (M1 + M5) and an EMA trend check, while also filtering out noise near 4-hour highs/lows. It delays repeat signals if a weak profit move or recent trade just occurred. Ideal for short-term XAUUSD monitoring, it plots clear “Strong Bull” or “Strong Bear” signals on your chart and offers optional alerts for timely entries.
AI-123's BTC vs Gold (Lag Correlation)
DISCLAIMER
I made this indicator with the help of ChatGPT and using what I have learned so far from The Pine Script Mastery Course, LOTS of edits based on what I have learned so far had to be made as well as additions and modifications to my liking thanks to what I have learned so far. I am aware this already exists but I have done my best to make a first ever script/indicator while learning how to properly publish as well, so please bear that in mind.
Overview
This indicator analyzes the correlation between Bitcoin (BTC) and Gold (XAUUSD), with a customizable lag applied to the Gold price, providing insight into the macro relationship between these two assets.
It is designed for traders and investors who want to track how Bitcoin and Gold move in relation to each other, particularly when Gold is lagged by a specific number of days.
Key Features:
BTC and Gold (Lagged) Price Overlay: Display Bitcoin (BTC) and Gold (XAUUSD) prices on the chart, with an adjustable lag applied to the Gold price.
Rolling Correlation Calculation: Measures the correlation between Bitcoin and lagged Gold prices over a customizable lookback period.
Adjustable Lag: The number of days that Gold is lagged relative to Bitcoin is fully customizable (default: 20 days).
Customizable Correlation Length: Allows you to choose the lookback period for the correlation (default: 50 days), providing flexibility for short-term or long-term analysis.
Normalized Plotting: Prices of Bitcoin and Gold are normalized for better visual alignment with the correlation values. BTC is divided by 1000, and Gold by 100.
Correlation Scaling: The correlation value is amplified by 10 for better visual clarity and comparison with price data.
Zero Line: Horizontal line representing a correlation of 0, making it easier to identify positive or negative correlation shifts.
Maximum Correlation Lines: Horizontal lines at +10 and -10 values for extreme correlation scenarios.
Input Settings:
Gold Symbol: Customize the Gold ticker (default: OANDA:XAUUSD).
Bitcoin Symbol: Customize the Bitcoin ticker (default: BINANCE:BTCUSDT).
Lag (in trading days): Adjust the number of trading days to lag the Gold price relative to Bitcoin (default: 20).
Correlation Length (days): Set the number of days over which the rolling correlation is calculated (default: 50).
How to Use:
Price Comparison: The BTC (Spot) and Lagged Gold plots give you a side-by-side visual comparison of the two assets, normalized for clarity.
Correlation Line: The correlation line helps you gauge the strength and direction of the relationship between BTC and lagged Gold. Positive values indicate a strong positive correlation, while negative values indicate a negative correlation.
Visual Analysis: Watch how the correlation shifts with changes in lag and correlation length to identify potential market dynamics between Bitcoin and Gold.
Potential Applications:
Macro Trading: Track how Bitcoin and Gold behave in relation to each other during periods of economic uncertainty or inflation.
Sentiment Analysis: Use the correlation data to understand the sentiment between digital and traditional assets.
Strategic Timing: Identify potential opportunities where Bitcoin and Gold show a strong correlation or diverge based on the lag adjustment.
Understanding Macro Trends/Correlations.
Disclaimer:
This indicator is for informational purposes only. The correlation between Bitcoin and Gold does not guarantee future performance, and users should conduct their own research and use risk management strategies when making trading decisions.
Notes: This script uses historical data, so results may vary across different timeframes.
Customization options allow users to adjust the lag and correlation length to better fit their trading strategy.
Future Enhancements: Additional Correlation Line: A second correlation line for different lengths of lag or different assets.
Color-Coding of Correlation: Future updates may include color-coded correlation strength, visually indicating positive or negative correlation more effectively.
MACD Filtered CrossThis indicator adds on to the standard MACD cross by adding a filter. It can be used to filter only MACD crosses above zero or below zero.
I separated the cross ups and cross downs if you only want to see bullish or bearish crosses.
Personally, I like looking for bullish MACD crosses above 0 for possible longs.
Enjoy!
Liquidity Sweep with EMAThis Pine Script indicator helps traders identify potential market reversals based on liquidity sweeps, where the price moves through the previous candle's low or high and then closes above or below the previous candle's wick. These are often seen as significant market moves or liquidity grabs before a potential reversal or continuation.
The indicator is also equipped with an EMA (Exponential Moving Average) as an optional visual aid to give traders a sense of the prevailing trend, though it is not used as part of the signal generation logic.
Key Features:
Liquidity Sweep Detection:
Bullish Sweep: Triggered when the current candle sweeps below the low of the previous candle and then closes above the high of the previous candle. This indicates a potential market reversal to the upside after the liquidity sweep.
Bearish Sweep: Triggered when the current candle sweeps above the high of the previous candle and then closes below the low of the previous candle. This indicates a potential market reversal to the downside after the liquidity sweep.
EMA:
The EMA (50) is plotted on the chart for visual trend guidance. While it is not used to confirm the signals, it can help traders see if the market is in a general uptrend or downtrend.
Signal Presentation:
Buy Signal: The indicator will plot a green upward arrow below the candle when a bullish liquidity sweep is detected.
Sell Signal: The indicator will plot a red downward arrow above the candle when a bearish liquidity sweep is detected.
Timeframe Filter:
The indicator only generates signals on the following timeframes: 30-minute, 1-hour, 4-hour, and Daily. This helps to ensure the sweeps are significant and likely to result in meaningful price moves.
Alerts:
Alerts can be set up for both bullish and bearish sweep signals, so traders can be notified when these events occur.
Customizable:
EMA Length: The length of the Exponential Moving Average (EMA) can be adjusted. By default, it is set to 50, but you can modify this to fit your trading strategy.
Show EMA Option: You can toggle whether or not to display the EMA line on the chart.
How It Works:
The indicator looks for price action patterns where the current candle sweeps through the high or low of the previous candle and closes beyond the previous wick.
These patterns are often seen as potential traps, where the price initially moves in one direction (sweeping the liquidity) and then quickly reverses, making them important for traders who want to catch reversals or breakouts after a liquidity sweep.
The EMA (50) gives a general trend direction but doesn't directly affect the trade signals. It serves as a visual reference for trend analysis.
Potential Use Cases:
Reversal Trading: Traders can use this indicator to catch reversals after a liquidity sweep. The green upward arrows may indicate a bullish reversal, while the red downward arrows may indicate a bearish reversal.
Trend Trading: The EMA can help traders gauge the overall market trend. If the price is above the EMA, the market may be in an uptrend, and traders may focus on bullish sweeps. Conversely, if the price is below the EMA, the market may be in a downtrend, and traders may focus on bearish sweeps.
Confirmation with Other Indicators: Although the EMA is not used to confirm signals in this script, it can be combined with other indicators (like RSI, Volume, or MACD) to enhance the accuracy of your trades.
Final Thoughts:
This script is designed to identify liquidity sweeps and price reversals based on price action alone, without relying on complex indicators. The optional EMA serves as a helpful tool for understanding the overall market trend. It’s ideal for traders looking to spot potential reversal points after significant price sweeps and is suitable for multiple timeframes (30m, 1h, 4h, Daily).
You can use this description to help potential users understand the functionality of your indicator when publishing it on TradingView or selling it as an invite-only script. Let me know if you need any adjustments or further details!
Magnetic Zones - Multi TimeframeKey Features and Benefits:
1. Multiple Timeframe Analysis
- Daily (D) timeframe for primary trend
- Weekly (W) for longer-term perspective
- Monthly (M) for major structural levels
2. Support/Resistance Levels
- PDHL (Previous Day High/Low)
- Pivot Points (P)
- Multiple SR levels (SR1-SR6)
- Color-coded for easy identification
3. Trading Applications:
- Identify key support/resistance zones
- Find potential reversal areas
- Plan entries and exits
- Set stop-loss levels
How to Use:
1. Zone Analysis
- Green zones indicate support areas
- Red zones show resistance levels
- Gray zones represent subsidiary levels
2. Multiple Timeframe Strategy
- Use Daily zones for intraday trading
- Weekly zones for swing trading
- Monthly zones for position trading
3. Moving Average Integration
- Optional EMA/SMA for trend confirmation
- Customize MA settings for your strategy
- Use MA crossovers with zones
4. Best Practices:
- Look for price reaction at zone intersections
- Higher probability trades when multiple zones align
- Use box transparency to gauge zone strength
- Combine with volume for better confirmation
5. Risk Management:
- Place stops beyond relevant zones
- Scale positions based on zone strength
- Use zone boundaries for position sizing
Smart Technical Matrix v6 - Display OnlySmart Technical Matrix Analyzer - This script analyzes 32 technical signals from 8 indicators across 4 timeframes (15m, 1H, 4H, 1D). It generates long/short trade signals with strength level, entry and target levels. Fully compatible with the Smart Matrix Display.
Parabolic RSI [ChartPrime]The Parabolic RSI indicator applies the Parabolic SAR directly to the Relative Strength Index (RSI) . This combination helps traders identify trend shifts and potential reversal points within the RSI framework. The indicator provides both regular and strong signals based on whether the Parabolic SAR crosses above or below key RSI thresholds.
⯁ KEY FEATURES
Parabolic SAR Applied to RSI – Tracks momentum shifts within the RSI indicator.
Dynamic SAR Dots – Plots SAR levels directly on the RSI for visual clarity.
Threshold-Based Signal Filtering – Uses upper (70) and lower (30) RSI levels to determine strong signals.
Simple and Strong Signal System :
Big Diamonds (Strong Signals) – Appear when Parabolic SAR crosses above 70 or below 30 RSI, indicating potential reversals.
Small Diamonds (Regular Signals) – Appear when Parabolic SAR flips inside the RSI range, signaling weaker trend shifts.
Chart Overlay Signals – Highlights strong RSI-based trend shifts directly on the price chart.
Fully Customizable – Modify RSI length, SAR parameters, colors, and signal displays.
⯁ HOW TO USE
Look for strong signals (big diamonds) when SAR flips above 70 RSI (overbought) or below 30 RSI (oversold) for potential reversals.
Use regular signals (small diamonds) for minor trend shifts within the RSI range.
Combine with price action and other indicators to confirm entry and exit points.
Adjust the SAR acceleration factors to fine-tune sensitivity based on market conditions.
⯁ CONCLUSION
The Parabolic RSI indicator merges trend-following and momentum-based analysis by applying the Parabolic SAR to RSI. This allows traders to detect trend shifts inside the RSI space with an intuitive diamond-based signal system . Whether used alone or as part of a broader trading strategy, this indicator provides a clear and structured approach to identifying momentum reversals and potential trading opportunities.
Double Engulfing CandleA double engulfing candle.
To trade as a signal look to have your stop 1 tick above/below the engulfing candle and look for the next candles direction to trade in.
You also have the ability to turn off the spinner candle filter that looks at the candle after the double engulf, so you can just use it to find all of the valid double engulfs.
BINANCE:BTCUSDT RSI📊 BTC RSI Deviation Visualizer
This indicator visualizes the deviation of BTC RSI from the neutral level (50) to highlight momentum extremes and potential reversal zones in a simplified and color-coded format.
It is specifically designed for traders who prefer to monitor RSI strength centered around neutrality (0 as midpoint) instead of absolute RSI values.
🧠 Concept
This tool subtracts 50 from the RSI of BINANCE:BTCUSDT, creating a deviation value:
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RSI Deviation = RSI - 50
This approach allows traders to interpret bullish or bearish bias more intuitively:
RSI > 50 → positive deviation → bullish
RSI < 50 → negative deviation → bearish
The result is plotted as a zero-centered histogram, where color and shape dynamically indicate the strength of deviation.
🔍 Visual Components
Color-coded Histogram:
Gradient bar colors reflect the size and direction of deviation.
Strong bullish (+10 to +30): light to dark orange
Strong bearish (-10 to -30): light to dark blue
Extreme values (>|30|): highlighted in yellow
Reversal Zone Circles:
Green circles are plotted when RSI deviation exceeds +30
Red circles appear when deviation is below -30
Circles are rate-limited to avoid visual noise (one signal every 5+ bars)
Reference Lines:
0 line (neutral RSI 50)
±35 threshold lines for identifying abnormal momentum
🔧 Settings
RSI Length: Default 14 (can be adjusted based on your time frame or strategy)
✅ Use Cases
Momentum Strength Monitoring:
Identify when BTC is showing sustained buying/selling pressure above typical ranges.
Reversal Signal Layer:
Use the circle markers to flag possible overbought/oversold peaks in conjunction with other tools.
Trend Filtering:
Use deviation direction (+/-) as an additional filter for trend-based strategies.
🧩 Compatibility
Works on any time frame
Only uses BINANCE:BTCUSDT price
Lightweight and highly responsive
🔐 Originality & Value
Unlike traditional RSI plots, this indicator offers a centered and directional perspective on RSI momentum.
The design emphasizes trend pressure, not just overbought/oversold thresholds, making it highly compatible with scalping, swing, or trend-following strategies.
Composite Scaled EMA LevelsComposite Scaled EMA Levels Indicator
This TradingView Pine Script indicator calculates a “composite EMA” that compares the closing price of the current asset with that of the XU100 index and scales the EMA values to the XU100 level. It then visualizes these computed levels as horizontal lines on the chart with corresponding labels.
Key Components:
Inputs and Data Retrieval:
Length Input: The user defines a parameter length (default is 10) which determines over how many bars the horizontal line is drawn.
Data Collection:
The daily closing price of the current symbol (current_close) is retrieved using request.security().
The daily closing price of the XU100 index (xu100) is also retrieved.
A ratio is computed as current_close / xu100. This ratio serves as the basis for calculating the composite EMAs.
EMA Calculations:
The indicator computes Exponential Moving Averages (EMAs) on the ratio for specific periods.
In the provided version, the script calculates EMAs for three periods (34, 55, and 233), though you can easily expand this to other periods if needed.
Each computed EMA (for instance, EMA34, EMA55, EMA233) is then scaled by multiplying it with the XU100 index’s close, converting it to a price level that is meaningful on the chart.
Drawing Horizontal Lines:
Instead of using the standard plot() function, the script uses line.new() to draw horizontal lines representing the scaled EMA values over the last “length” bars.
Before drawing new lines, any existing lines and labels are deleted to ensure that only the most current values are shown.
Adding Labels to Lines:
The script creates a label for each EMA using label.new(), placing the label at the current bar (i.e., the rightmost position on the chart) using label.style_label_left so that the text appears to the right of the line.
The label displays the name of the composite EMA (e.g., "Composite EMA 34") along with its current scaled value.
Visualization:
The horizontal lines and labels provide a visual reference for the composite EMA levels. These lines help traders see critical support/resistance levels derived from the relationship between the current asset and the XU100 index.
Colors are assigned for clarity (for example, the EMA lines in this version use green).
Summary:
The Composite Scaled EMA Levels indicator is designed to help traders analyze the relationship between an asset’s price and the broader market index (XU100) by calculating a ratio and then applying EMAs on that ratio. By scaling these EMAs back to price levels and displaying them as horizontal lines with clear labels on the chart, the indicator offers a visual tool to assess trend direction and potential support or resistance levels. This can assist in making informed trading decisions based on composite trend analysis.
ForexCurrencyStrengthThe "ForexCurrencyStrength" indicator is a powerful tool designed to analyze the relative strength of the eight major currencies in the Forex market: EUR, USD, GBP, JPY, CHF, CAD, AUD, and NZD.
🔍 What does this indicator do?
The ForexCurrencyStrength indicator calculates the strength of each currency based on price changes across a variety of major currency pairs. It analyzes logarithmic returns (Log Returns) from 28 Forex pairs to give a comprehensive view of the market strength of each individual currency.
⚙️ How does it work?
The indicator calculates the strength of each of the 8 currencies by analyzing the changes in relevant currency pairs.
The strength is calculated based on the cumulative price changes since a user-defined start date.
Each currency is plotted as a separate line on the chart for easy comparison and identification of trends.
📅 Custom Start Date
You can set a custom start date for the calculation, allowing you to begin analysis from an important event or any preferred date.
📈 Use Cases
Identify the strongest and weakest currencies at a glance.
Help in choosing optimal Forex pairs for long or short trades.
Ideal for trend-following and relative strength strategies in Forex trading.
🎨 Features
Clear line plots for each currency.
Color-coded for easy visual differentiation.
Real-time values displayed as labels directly on the chart.
MTF RSI & SMA Crossover [OB/OS Filtered Signals]MTF RSI & SMA Crossover
This custom indicator combines the power of Multi-Timeframe (MTF) RSI, Simple Moving Average (SMA), and overbought/oversold (OB/OS) conditions to provide precise buy and sell signals based on the crossovers of the RSI and its SMA. The indicator includes the following features:
MTF RSI: The Relative Strength Index (RSI) is calculated on a customizable timeframe, giving traders the ability to analyze price momentum across different timeframes.
SMA of RSI: The RSI is smoothed using a Simple Moving Average (SMA), helping to filter out market noise and identify clearer trend reversals.
Overbought/Oversold Filter: Signals are only triggered when the RSI has been in an overbought (above 70) or oversold (below 30) condition, improving the reliability of potential trend reversals.
Buy/Sell Signals:
Buy signals occur when the RSI crosses above its SMA after being oversold, indicating potential upward momentum.
Sell signals occur when the RSI crosses below its SMA after being overbought, indicating potential downward momentum.
Customizable Label Colors: Choose your own colors for the "BUY" and "SELL" labels to match your chart's design and preferences.
Alerts: Set alerts for buy and sell signals, ensuring you don't miss a potential trade.
This indicator is ideal for traders who want to capture trend reversals and momentum shifts while filtering out false signals by using overbought and oversold conditions. Customize the settings to suit your trading style and strategy.
Kimchi premium with BTC gap [BIGTAKER]📊 Kimchi Premium with BTC gap
The BIGTAKER Kimchi Premium Indicator is a real-time tool that accurately tracks and visualizes the price discrepancy (Kimchi Premium) between the Korean KRW markets (Upbit or Bithumb) and global cryptocurrency exchanges.
In addition to displaying the premium on altcoins, it compares the difference against Bitcoin's premium and highlights abnormal divergence through signal alerts and visual cues.
🔧 Key Features
KRW Market Selection
Users can select either Upbit or Bithumb as the reference Korean exchange. Only altcoins listed on the selected exchange will be analyzed and shown.
Multi-Exchange Global Pricing
The global reference price is not fixed to a single exchange like Binance. Instead, the indicator dynamically uses the price data from the exchange that the user opens on TradingView — such as OKX, BYBIT, BITGET, GATE.IO, MEXC, and more.
If the global symbol is supported on TradingView, the corresponding market price is retrieved and converted into KRW using the FX rate, allowing real-time global-vs-Korea price comparison.
Accurate Premium Calculation
Altcoin Premium = ((KRW Price - Global Price in KRW) / Global Price in KRW) × 100
BTC Premium = ((BTC_KRW - BTC_USDT×FX) / (BTC_USDT×FX)) × 100
Premium Gap Signal Alerts
When the gap between altcoin premium and Bitcoin premium exceeds a user-defined threshold (e.g., 3%), the chart highlights the bar with a yellow background, and a signal alert is triggered.
Visual Data Representation
Bar colors automatically change based on premium intensity
BTC Kimchi Premium and Coinbase-Binance Premium lines are plotted together
The latest candle shows a label with the coin name and premium value
Integrated Alerts
Fully compatible with TradingView alerts — allowing users to receive instant notifications when the premium gap crosses the defined threshold.
⚙️ User Settings
Select Exchange: Choose domestic KRW market (Upbit / Bithumb)
Premium Gap Threshold (%): Set the minimum gap between altcoin and BTC premium to trigger signals (default: 3%)
🧠 Use Cases
Premium Gap Trading Strategies
Identify altcoins with unusually high premium divergence compared to BTC and take positions based on mean-reversion logic.
Market Overheating Detection
Detect abnormal buying pressure or local overvaluation when an altcoin’s premium rapidly expands beyond normal ranges.
Tracking Global vs. Korean Market Flow
Monitor capital flows by comparing KRW market premiums to real-time global market pricing.
Adaptive Momentum Flow Strategy
Adaptive momentum and wavelet flow techniques are used to identify trading opportunities in the market. It's designed to capture trends by comparing two proprietary technical indicators:
Wavelet Flow - A composite indicator that uses multiple exponential moving averages at different periods to detect price movements
Harmonic Oscillator - An oscillator that measures momentum using a series of exponential moving averages
Signal Generation
The strategy uses the high-low average price (HL2) as its data source
A base cycle period is used for calculations
An adaptive filter is applied to both indicators
Trading signals are generated when these two indicators cross each other
Entry Conditions
Buy Signal: When the momentum signal crosses above the wave signal
Sell Signal: When the wave signal crosses above the momentum signal
Risk Management
Fixed profit target of 5% ,editable
Risk limit (stop loss) of 2% ,editable
Position sizing can be fixed as per user discretion
Signal Visualization
The strategy generates the wave and momentum signals
Buy and sell signals are marked with up and down arrows on the chart
Special Features
The strategy incorporates several sophisticated techniques: in.tradingview.com
Adaptive Filtering - An algorithm that dynamically adjusts to market conditions
Wavelet Analysis - A technique that decomposes price action into different frequency components
Harmonic Oscillation - A method to identify cyclical patterns in price movements
Strategy Logic
The core logic revolves around identifying shifts in market momentum:
When momentum is rising faster than the overall flow, it indicates bullish pressure
When the wave flow overtakes momentum, it suggests bearish pressure
Entry signals occur at these transition points
Positions are managed with predefined profit targets and stop losses
The strategy also includes position reversal logic for when signals change direction
This approach aims to capture market transitions while maintaining defined risk
Red Volume Tsunami What does the indicator do?
"Red Volume Tsunami" is a combined indicator that identifies extreme volumes in the market and signals potential reversal points. It combines two logics:
Volume Tsunami — determines abnormally high volumes relative to historical data.
Golden Antilope — filters candles with an unusually high volume and significant size.
How does it work?
Volume analysis:
Compares the current volume with the average (SMA/EMA) and maximum for the selected period.
Detects volume spikes (when the current volume exceeds the average by a factor of volumeSpikeThreshold).
Filters the first significant bursts (to avoid multiple signals in a row).
Candle Filtering (Golden Antilope):
Highlights candlesticks where the volume in monetary terms (close * volume) exceeds the average by barCoef times.
It takes into account the size of the candle (barFilter) to cut off small fluctuations.
The SHORT signal:
It is formed when:
The volume exceeds the threshold (relativeVolumeAlertThreshold).
This is the first significant spike in the last 20 bars.
The candle is bearish and meets the criteria of the Golden Antilope.
How to use it?
Settings:
The period for calculating the historical volume is the smoothing length (365 days by default).
The volume jump threshold is how many times the current volume should exceed the average (2x by default).
The alert threshold is the minimum relativeVolume value for the signal (97% by default).
Avg size coef (GA) is the coefficient for volume filtering (4x by default).
Candle size filter (GA) — the minimum candle size in % (1% by default).
Interpretation:
The red label "🌊 TSUNAMI" appears when all the conditions for SHORT are met.
The histogram shows the relative volume:
Orange: the volume is above the alert threshold.
Red: the volume is close to the historical maximum.
What makes the indicator unique?
The combination of the two approaches is not just looking for abnormal volumes, but also checks their significance through the monetary volume and candle size.
Repeat signal filtering — takes into account only the first strong spike in the last 20 bars, reducing the number of false positives.
Flexible settings — allows you to adapt the indicator to different markets and timeframes.
Why is it available by invitation only?
This indicator combines complex signal filtering logic, which makes it more efficient than simple volume scripts. Limited access allows you to control its distribution and collect meaningful feedback from experienced traders.
Gradient Range [BigBeluga]
This indicator highlights range-bound market conditions by dynamically plotting gradient-colored candlesticks within a defined price box. It detects whether the market is ranging or trending using ADX and can identify mean reversion points when price steps outside the established range.
🔵KEY FEATURES:
Range Detection Box:
➣ A transparent box is drawn based on the highest and lowest price close over a user-defined period.
➣ Helps visualize range boundaries and the midline for support/resistance reference.
Gradient Candlestick Coloring:
➣ Candles inside the range are colored with a gradient from top to bottom based on proximity to the midline.
➣ Top range candles are shaded with bearish tones, while bottom range candles use bullish tones.
Ranging/Trending State Detection:
➣ Uses ADX to determine if the market is currently in a ranging or trending state.
➣ A label in the bottom right corner shows a real-time status (🟢 Ranging / 🟡 Trending).
Mean Reversion Signal Circles:
➣ When the market is ranging, white circles are plotted at highs/lows that breach the box boundary, indicating potential mean reversion points.
➣ These levels can act as fade trade setups or exhaustion markers.
🔵USAGE:
Range Trading: Trade between the upper and lower boundaries during range-bound conditions with clearer visual feedback.
Mean Reversion Plays: Use circle signals as early alerts to identify when price extends beyond the range and may revert to the mean.
Visual Trend Strength: Instantly recognize where price is concentrated inside the range via the color gradient system.
Ranging Filter: Use the ADX label to avoid false setups during strong trending periods.
Gradient Range provides an elegant and data-driven approach to range-bound market analysis. With its gradient visualization and smart reversion detection, it empowers traders to better time entries and exits within consolidation zones.
Mingo Smart Entry SCALPER - 5m BOS Zones + TP/SL + DashboardThis smart scalping script is designed for precise intraday trading on the 5-minute chart using BOS (Break of Structure) logic, real-time zone tracking, and optional alert automation.
✅ Key Features
Break of Structure Detection: Automatically identifies swing highs/lows and detects BOS for valid supply/demand zone creation.
Buy & Sell Zones: Visual buy (green) and sell (red) zones based on recent structure breaks.
TP & SL Levels: Auto-drawn Take Profit and Stop Loss levels with trailing TP options.
Holding Zone Alerts: Alerts when price holds inside a Buy/Sell zone (great for sniper entries).
Clean Dashboard: On-screen panel shows trend direction, zone price, and status.
15m HTF Confirmation: Separate dashboard for higher timeframe structure support.
Overlap Dashboard: Confirms when current price is within both 5m zone and 15m range.
Fully Configurable: Zone size, swing sensitivity, alerts, visuals, and dashboards are all toggleable.
📢 Alerts Included
🔔 Buy Zone Triggered
🔔 Sell Zone Triggered
🔔 Holding Inside Buy Zone
🔔 Holding Inside Sell Zone
Great for combining manual confirmation with automated structure logic.
🕹️ How to Use
Load on a 5-minute chart.
Wait for Buy/Sell Zone to appear after a BOS.
Look for the "Holding Zone" alerts or wait for price to stay inside the zone for 1–2 candles.
Entry can be manual or automated via webhook alerts.
🔧 Designed for scalpers who value:
Fast entries
Clean visuals
Solid structure-based logic
Optional HTF confirmation
CAM | Currency Strength PerformanceOverview 📊
The "CAM | Currency Strength Performance" indicator is a powerful forex trading tool that blends traditional composite analysis with dynamic performance tracking! 🚀 It compares the strength of a currency pair’s base and quote currencies against the pair’s price movement, offering traders a clear, colorful view of market dynamics through normalized lines and an upgraded strength-based histogram. 🎨
How It Works 🛠️
🔍 Automatic Currency Detection: Instantly identifies the base (e.g., XAU in XAUUSD) and quote (e.g., USD) currencies—no setup required!
📈 Composite Strength Calculation: Measures each currency’s power by averaging its exchange rate against a basket of 10 major currencies (GBP, EUR, CHF, USD, AUD, CAD, NZD, JPY, NOK, XAU). A classic strength snapshot! 💪
📏 Normalization: Scales composites and pair prices with a smart formula (price minus moving average, divided by standard deviation) for easy comparison. ⚖️
🎨 Dynamic Visualization:
Plots 3 normalized lines with unique colors:
Base Composite
Quote Composite
Actual Pair (⚪ white)
Benefits 🌈
🧠 Simplified Analysis: Normalized composites make static strength clear, while the new histogram reveals dynamic trends.
✅ Enhanced Decisions: Color-coded lines and a performance-driven histogram pinpoint trading opportunities fast—spot when base or quote takes the lead! 🚨
⏱️ Time-Saver: Auto-detection and dual metrics (static + dynamic) streamline your workflow.
🌍 Versatile: Works across all supported pairs, with colors adapting to currencies (e.g., orange AUD, yellow XAU).
👀 Eye-Catching: Vibrant visuals (purple GBP, green USD) and a purple histogram make it engaging and intuitive.
How It Helps Traders 💡
📈 Spot Trends: Normalized lines show steady strength; the histogram tracks recent outperformance—perfect for timing trades.
⚠️ Catch Divergences: See when strength shifts (e.g., base surging, quote lagging) don’t match price—hello, reversal signals! 🔍
🛡️ Manage Risk: Levels (1, -1) and histogram swings help gauge overbought/oversold conditions for smarter stops.
🔮 Big Picture: Combines static strength with dynamic momentum, giving a fuller market view for scalping or long-term strategies.
Conclusion ✨
"CAM | Currency Strength Performance" now fuses classic strength analysis with real-time performance tracking. With its upgraded histogram, traders get a dual lens—static composites plus dynamic strength—turning complex forex data into actionable insights! 📈💰
Mar 11
Release Notes
✨ New Feature: Strength Histogram:
Tracks the performance of base and quote currencies over a customizable lookback period (default: 10 bars). 📅
Calculates strength as the currency’s percentage change minus the basket’s average change, then plots the difference (base - quote) as a purple histogram. 📊
⚙️ Customizable Settings: Adjust Scaling Period (50), Histogram Scale Factor (0.5), Lookback Bars (10), and Levels (1, -1) to fit your trading style! 🎚️
How It Differs from the Previous Version 🔄
Old Histogram:
Showed the static difference between normalized base and quote composites—a snapshot of relative strength at a single point in time. 📷
Focused on current exchange rate levels, scaled by the pair’s normalized price movement.
New Histogram:
Displays the dynamic strength difference (base strength - quote strength) over a user-defined lookback period (e.g., 10 bars). 🌊
Measures past and current performance by calculating percentage changes relative to a basket, highlighting momentum and trends. 📈
Offers a more responsive, time-based view, showing how each currency has performed recently rather than just its absolute strength.
EMA Envelope + EMA Bollinger BandsEMA envelope and bollinger bands together. It works on the principal of exponential moving average useful in identifying rallies top and bottoms.
Precision is high on higher timeframes like weekly and daily and monthly for swingtrades
