Gold ValuationGold Value Index
The Gold Value Index (GVI) is a macro-driven oscillator that estimates the relative value of gold based on real-time movements in the US Dollar Index (DXY) and the 10-Year US Treasury Yield (US10Y). It helps traders contextualize gold’s price within broader macroeconomic pressure — identifying when gold may be over- or undervalued relative to these key drivers.
How It Works – Macro Inputs:
DXY (US Dollar Index): Typically moves inversely to gold. A rising dollar suggests downward pressure on gold value.
US10Y Yield: Higher yields increase the opportunity cost of holding gold, often leading to weaker gold prices.
Both inputs are Z-score normalized and inverted to reflect their typical negative correlation with gold. When combined, they form a single, scaled index from 0 (undervalued) to 100 (overvalued).
Why Use This Tool?
Gold reacts to macro forces as much as technical ones. The GVI blends these inputs into a clear, visual gauge to:
Anticipate mean-reversion setups.
Avoid emotionally-driven trades in extreme macro conditions.
Enhance timing by understanding gold's macro context.
Important Notes:
Data sources include ICEUS:DXY and TVC:US10Y via TradingView.
Code is protected — this is a private, invite-only script.
Tìm kiếm tập lệnh với "tradingview界面调整"
Bober XM v2.0# ₿ober XM v2.0 Trading Bot Documentation
**Developer's Note**: While our previous Bot 1.3.1 was removed due to guideline violations, this setback only fueled our determination to create something even better. Rising from this challenge, Bober XM 2.0 emerges not just as an update, but as a complete reimagining with multi-timeframe analysis, enhanced filters, and superior adaptability. This adversity pushed us to innovate further and deliver a strategy that's smarter, more agile, and more powerful than ever before. Challenges create opportunity - welcome to Cryptobeat's finest work yet.
## !!!!You need to tune it for your own pair and timeframe and retune it periodicaly!!!!!
## Overview
The ₿ober XM v2.0 is an advanced dual-channel trading bot with multi-timeframe analysis capabilities. It integrates multiple technical indicators, customizable risk management, and advanced order execution via webhook for automated trading. The bot's distinctive feature is its separate channel systems for long and short positions, allowing for asymmetric trade strategies that adapt to different market conditions across multiple timeframes.
### Key Features
- **Multi-Timeframe Analysis**: Analyze price data across multiple timeframes simultaneously
- **Dual Channel System**: Separate parameter sets for long and short positions
- **Advanced Entry Filters**: RSI, Volatility, Volume, Bollinger Bands, and KEMAD filters
- **Machine Learning Moving Average**: Adaptive prediction-based channels
- **Multiple Entry Strategies**: Breakout, Pullback, and Mean Reversion modes
- **Risk Management**: Customizable stop-loss, take-profit, and trailing stop settings
- **Webhook Integration**: Compatible with external trading bots and platforms
### Strategy Components
| Component | Description |
|---------|-------------|
| **Dual Channel Trading** | Uses either Keltner Channels or Machine Learning Moving Average (MLMA) with separate settings for long and short positions |
| **MLMA Implementation** | Machine learning algorithm that predicts future price movements and creates adaptive bands |
| **Pivot Point SuperTrend** | Trend identification and confirmation system based on pivot points |
| **Three Entry Strategies** | Choose between Breakout, Pullback, or Mean Reversion approaches |
| **Advanced Filter System** | Multiple customizable filters with multi-timeframe support to avoid false signals |
| **Custom Exit Logic** | Exits based on OBV crossover of its moving average combined with pivot trend changes |
### Note for Novice Users
This is a fully featured real trading bot and can be tweaked for any ticker — SOL is just an example. It follows this structure:
1. **Indicator** – gives the initial signal
2. **Entry strategy** – decides when to open a trade
3. **Exit strategy** – defines when to close it
4. **Trend confirmation** – ensures the trade follows the market direction
5. **Filters** – cuts out noise and avoids weak setups
6. **Risk management** – controls losses and protects your capital
To tune it for a different pair, you'll need to start from scratch:
1. Select the timeframe (candle size)
2. Turn off all filters and trend entry/exit confirmations
3. Choose a channel type, channel source and entry strategy
4. Adjust risk parameters
5. Tune long and short settings for the channel
6. Fine-tune the Pivot Point Supertrend and Main Exit condition OBV
This will generate a lot of signals and activity on the chart. Your next task is to find the right combination of filters and settings to reduce noise and tune it for profitability.
### Default Strategy values
Default values are tuned for: Symbol BITGET:SOLUSDT.P 5min candle
Filters are off by default: Try to play with it to understand how it works
## Configuration Guide
### General Settings
| Setting | Description | Default Value |
|---------|-------------|---------------|
| **Long Positions** | Enable or disable long trades | Enabled |
| **Short Positions** | Enable or disable short trades | Enabled |
| **Risk/Reward Area** | Visual display of stop-loss and take-profit zones | Enabled |
| **Long Entry Source** | Price data used for long entry signals | hl2 (High+Low/2) |
| **Short Entry Source** | Price data used for short entry signals | hl2 (High+Low/2) |
The bot allows you to trade long positions, short positions, or both simultaneously. Each direction has its own set of parameters, allowing for fine-tuned strategies that recognize the asymmetric nature of market movements.
### Multi-Timeframe Settings
1. **Enable Multi-Timeframe Analysis**: Toggle 'Enable Multi-Timeframe Analysis' in the Multi-Timeframe Settings section
2. **Configure Timeframes**: Set appropriate higher timeframes based on your trading style:
- Timeframe 1: Default is now 15 minutes (intraday confirmation)
- Timeframe 2: Default is 4 hours (trend direction)
3. **Select Sources per Indicator**: For each indicator (RSI, KEMAD, Volume, etc.), choose:
- The desired timeframe (current, mtf1, or mtf2)
- The appropriate price type (open, high, low, close, hl2, hlc3, ohlc4)
### Entry Strategies
- **Breakout**: Enter when price breaks above/below the channel
- **Pullback**: Enter when price pulls back to the channel
- **Mean Reversion**: Enter when price is extended from the channel
You can enable different strategies for long and short positions.
### Core Components
### Risk Management
- **Position Size**: Control risk with percentage-based position sizing
- **Stop Loss Options**:
- Fixed: Set a specific price or percentage from entry
- ATR-based: Dynamic stop-loss based on market volatility
- Swing: Uses recent swing high/low points
- **Take Profit**: Multiple targets with percentage allocation
- **Trailing Stop**: Dynamic stop that follows price movement
## Advanced Usage Strategies
### Moving Average Type Selection Guide
- **SMA**: More stable in choppy markets, good for higher timeframes
- **EMA/WMA**: More responsive to recent price changes, better for entry signals
- **VWMA**: Adds volume weighting for stronger trends, use with Volume filter
- **HMA**: Balance between responsiveness and noise reduction, good for volatile markets
### Multi-Timeframe Strategy Approaches
- **Trend Confirmation**: Use higher timeframe RSI (mtf2) for overall trend, current timeframe for entries
- **Entry Precision**: Use KEMAD on current timeframe with volume filter on mtf1
- **False Signal Reduction**: Apply RSI filter on mtf1 with strict KEMAD settings
### Market Condition Optimization
| Market Condition | Recommended Settings |
|------------------|----------------------|
| **Trending** | Use Breakout strategy with KEMAD filter on higher timeframe |
| **Ranging** | Use Mean Reversion with strict RSI filter (mtf1) |
| **Volatile** | Increase ATR multipliers, use HMA for moving averages |
| **Low Volatility** | Decrease noise parameters, use pullback strategy |
## Webhook Integration
The strategy features a professional webhook system that allows direct connectivity to your exchange or trading platform of choice through third-party services like 3commas, Alertatron, or Autoview.
The webhook payload includes all necessary parameters for automated execution:
- Entry price and direction
- Stop loss and take profit levels
- Position size
- Custom identifier for webhook routing
## Performance Optimization Tips
1. **Start with Defaults**: Begin with the default settings for your timeframe before customizing
2. **Adjust One Component at a Time**: Make incremental changes and test the impact
3. **Match MA Types to Market Conditions**: Use appropriate moving average types based on the Market Condition Optimization table
4. **Timeframe Synergy**: Create logical relationships between timeframes (e.g., 5min chart with 15min and 4h higher timeframes)
5. **Periodic Retuning**: Markets evolve - regularly review and adjust parameters
## Common Setups
### Crypto Trend-Following
- MLMA with EMA or HMA
- Higher RSI thresholds (75/25)
- KEMAD filter on mtf1
- Breakout entry strategy
### Stock Swing Trading
- MLMA with SMA for stability
- Volume filter with higher threshold
- KEMAD with increased filter order
- Pullback entry strategy
### Forex Scalping
- MLMA with WMA and lower noise parameter
- RSI filter on current timeframe
- Use highest timeframe for trend direction only
- Mean Reversion strategy
## Webhook Configuration
- **Benefits**:
- Automated trade execution without manual intervention
- Immediate response to market conditions
- Consistent execution of your strategy
- **Implementation Notes**:
- Requires proper webhook configuration on your exchange or platform
- Test thoroughly with small position sizes before full deployment
- Consider latency between signal generation and execution
### Backtesting Period
Define a specific historical period to evaluate the bot's performance:
| Setting | Description | Default Value |
|---------|-------------|---------------|
| **Start Date** | Beginning of backtest period | January 1, 2025 |
| **End Date** | End of backtest period | December 31, 2026 |
- **Best Practice**: Test across different market conditions (bull markets, bear markets, sideways markets)
- **Limitation**: Past performance doesn't guarantee future results
## Entry and Exit Strategies
### Dual-Channel System
A key innovation of the Bober XM is its dual-channel approach:
- **Independent Parameters**: Each trade direction has its own channel settings
- **Asymmetric Trading**: Recognizes that markets often behave differently in uptrends versus downtrends
- **Optimized Performance**: Fine-tune settings for both bullish and bearish conditions
This approach allows the bot to adapt to the natural asymmetry of markets, where uptrends often develop gradually while downtrends can be sharp and sudden.
### Channel Types
#### 1. Keltner Channels
Traditional volatility-based channels using EMA and ATR:
| Setting | Long Default | Short Default |
|---------|--------------|---------------|
| **EMA Length** | 37 | 20 |
| **ATR Length** | 13 | 17 |
| **Multiplier** | 1.4 | 1.9 |
| **Source** | low | high |
- **Strengths**:
- Reliable in trending markets
- Less prone to whipsaws than Bollinger Bands
- Clear visual representation of volatility
- **Weaknesses**:
- Can lag during rapid market changes
- Less effective in choppy, non-trending markets
#### 2. Machine Learning Moving Average (MLMA)
Advanced predictive model using kernel regression (RBF kernel):
| Setting | Description | Options |
|---------|-------------|--------|
| **Source MA** | Price data used for MA calculations | Any price source (low/high/close/etc.) |
| **Moving Average Type** | Type of MA algorithm for calculations | SMA, EMA, WMA, VWMA, RMA, HMA |
| **Trend Source** | Price data used for trend determination | Any price source (close default) |
| **Window Size** | Historical window for MLMA calculations | 5+ (default: 16) |
| **Forecast Length** | Number of bars to forecast ahead | 1+ (default: 3) |
| **Noise Parameter** | Controls smoothness of prediction | 0.01+ (default: ~0.43) |
| **Band Multiplier** | Multiplier for channel width | 0.1+ (default: 0.5-0.6) |
- **Strengths**:
- Predictive rather than reactive
- Adapts quickly to changing market conditions
- Better at identifying trend reversals early
- **Weaknesses**:
- More computationally intensive
- Requires careful parameter tuning
- Can be sensitive to input data quality
### Entry Strategies
| Strategy | Description | Ideal Market Conditions |
|----------|-------------|-------------------------|
| **Breakout** | Enters when price breaks through channel bands, indicating strong momentum | High volatility, emerging trends |
| **Pullback** | Enters when price retraces to the middle band after testing extremes | Established trends with regular pullbacks |
| **Mean Reversion** | Enters at channel extremes, betting on a return to the mean | Range-bound or oscillating markets |
#### Breakout Strategy (Default)
- **Implementation**: Enters long when price crosses above the upper band, short when price crosses below the lower band
- **Strengths**: Captures strong momentum moves, performs well in trending markets
- **Weaknesses**: Can lead to late entries, higher risk of false breakouts
- **Optimization Tips**:
- Increase channel multiplier for fewer but more reliable signals
- Combine with volume confirmation for better accuracy
#### Pullback Strategy
- **Implementation**: Enters long when price pulls back to middle band during uptrend, short during downtrend pullbacks
- **Strengths**: Better entry prices, lower risk, higher probability setups
- **Weaknesses**: Misses some strong moves, requires clear trend identification
- **Optimization Tips**:
- Use with trend filters to confirm overall direction
- Adjust middle band calculation for market volatility
#### Mean Reversion Strategy
- **Implementation**: Enters long at lower band, short at upper band, expecting price to revert to the mean
- **Strengths**: Excellent entry prices, works well in ranging markets
- **Weaknesses**: Dangerous in strong trends, can lead to fighting the trend
- **Optimization Tips**:
- Implement strong trend filters to avoid counter-trend trades
- Use smaller position sizes due to higher risk nature
### Confirmation Indicators
#### Pivot Point SuperTrend
Combines pivot points with ATR-based SuperTrend for trend confirmation:
| Setting | Default Value |
|---------|---------------|
| **Pivot Period** | 25 |
| **ATR Factor** | 2.2 |
| **ATR Period** | 41 |
- **Function**: Identifies significant market turning points and confirms trend direction
- **Implementation**: Requires price to respect the SuperTrend line for trade confirmation
#### Weighted Moving Average (WMA)
Provides additional confirmation layer for entries:
| Setting | Default Value |
|---------|---------------|
| **Period** | 15 |
| **Source** | ohlc4 (average of Open, High, Low, Close) |
- **Function**: Confirms trend direction and filters out low-quality signals
- **Implementation**: Price must be above WMA for longs, below for shorts
### Exit Strategies
#### On-Balance Volume (OBV) Based Exits
Uses volume flow to identify potential reversals:
| Setting | Default Value |
|---------|---------------|
| **Source** | ohlc4 |
| **MA Type** | HMA (Options: SMA, EMA, WMA, RMA, VWMA, HMA) |
| **Period** | 22 |
- **Function**: Identifies divergences between price and volume to exit before reversals
- **Implementation**: Exits when OBV crosses its moving average in the opposite direction
- **Customizable MA Type**: Different MA types provide varying sensitivity to OBV changes:
- **SMA**: Traditional simple average, equal weight to all periods
- **EMA**: More weight to recent data, responds faster to price changes
- **WMA**: Weighted by recency, smoother than EMA
- **RMA**: Similar to EMA but smoother, reduces noise
- **VWMA**: Factors in volume, helpful for OBV confirmation
- **HMA**: Reduces lag while maintaining smoothness (default)
#### ADX Exit Confirmation
Uses Average Directional Index to confirm trend exhaustion:
| Setting | Default Value |
|---------|---------------|
| **ADX Threshold** | 35 |
| **ADX Smoothing** | 60 |
| **DI Length** | 60 |
- **Function**: Confirms trend weakness before exiting positions
- **Implementation**: Requires ADX to drop below threshold or DI lines to cross
## Filter System
### RSI Filter
- **Function**: Controls entries based on momentum conditions
- **Parameters**:
- Period: 15 (default)
- Overbought level: 71
- Oversold level: 23
- Multi-timeframe support: Current, MTF1 (15min), or MTF2 (4h)
- Customizable price source (open, high, low, close, hl2, hlc3, ohlc4)
- **Implementation**: Blocks long entries when RSI > overbought, short entries when RSI < oversold
### Volatility Filter
- **Function**: Prevents trading during excessive market volatility
- **Parameters**:
- Measure: ATR (Average True Range)
- Period: Customizable (default varies by timeframe)
- Threshold: Adjustable multiplier
- Multi-timeframe support
- Customizable price source
- **Implementation**: Blocks trades when current volatility exceeds threshold × average volatility
### Volume Filter
- **Function**: Ensures adequate market liquidity for trades
- **Parameters**:
- Threshold: 0.4× average (default)
- Measurement period: 5 (default)
- Moving average type: Customizable (HMA default)
- Multi-timeframe support
- Customizable price source
- **Implementation**: Requires current volume to exceed threshold × average volume
### Bollinger Bands Filter
- **Function**: Controls entries based on price relative to statistical boundaries
- **Parameters**:
- Period: Customizable
- Standard deviation multiplier: Adjustable
- Moving average type: Customizable
- Multi-timeframe support
- Customizable price source
- **Implementation**: Can require price to be within bands or breaking out of bands depending on strategy
### KEMAD Filter (Kalman EMA Distance)
- **Function**: Advanced trend confirmation using Kalman filter algorithm
- **Parameters**:
- Process Noise: 0.35 (controls smoothness)
- Measurement Noise: 24 (controls reactivity)
- Filter Order: 6 (higher = more smoothing)
- ATR Length: 8 (for bandwidth calculation)
- Upper Multiplier: 2.0 (for long signals)
- Lower Multiplier: 2.7 (for short signals)
- Multi-timeframe support
- Customizable visual indicators
- **Implementation**: Generates signals based on price position relative to Kalman-filtered EMA bands
## Risk Management System
### Position Sizing
Automatically calculates position size based on account equity and risk parameters:
| Setting | Default Value |
|---------|---------------|
| **Risk % of Equity** | 50% |
- **Implementation**:
- Position size = (Account equity × Risk %) ÷ (Entry price × Stop loss distance)
- Adjusts automatically based on volatility and stop placement
- **Best Practices**:
- Start with lower risk percentages (1-2%) until strategy is proven
- Consider reducing risk during high volatility periods
### Stop-Loss Methods
Multiple stop-loss calculation methods with separate configurations for long and short positions:
| Method | Description | Configuration |
|--------|-------------|---------------|
| **ATR-Based** | Dynamic stops based on volatility | ATR Period: 14, Multiplier: 2.0 |
| **Percentage** | Fixed percentage from entry | Long: 1.5%, Short: 1.5% |
| **PIP-Based** | Fixed currency unit distance | 10.0 pips |
- **Implementation Notes**:
- ATR-based stops adapt to changing market volatility
- Percentage stops maintain consistent risk exposure
- PIP-based stops provide precise control in stable markets
### Trailing Stops
Locks in profits by adjusting stop-loss levels as price moves favorably:
| Setting | Default Value |
|---------|---------------|
| **Stop-Loss %** | 1.5% |
| **Activation Threshold** | 2.1% |
| **Trailing Distance** | 1.4% |
- **Implementation**:
- Initial stop remains fixed until profit reaches activation threshold
- Once activated, stop follows price at specified distance
- Locks in profit while allowing room for normal price fluctuations
### Risk-Reward Parameters
Defines the relationship between risk and potential reward:
| Setting | Default Value |
|---------|---------------|
| **Risk-Reward Ratio** | 1.4 |
| **Take Profit %** | 2.4% |
| **Stop-Loss %** | 1.5% |
- **Implementation**:
- Take profit distance = Stop loss distance × Risk-reward ratio
- Higher ratios require fewer winning trades for profitability
- Lower ratios increase win rate but reduce average profit
### Filter Combinations
The strategy allows for simultaneous application of multiple filters:
- **Recommended Combinations**:
- Trending markets: RSI + KEMAD filters
- Ranging markets: Bollinger Bands + Volatility filters
- All markets: Volume filter as minimum requirement
- **Performance Impact**:
- Each additional filter reduces the number of trades
- Quality of remaining trades typically improves
- Optimal combination depends on market conditions and timeframe
### Multi-Timeframe Filter Applications
| Filter Type | Current Timeframe | MTF1 (15min) | MTF2 (4h) |
|-------------|-------------------|-------------|------------|
| RSI | Quick entries/exits | Intraday trend | Overall trend |
| Volume | Immediate liquidity | Sustained support | Market participation |
| Volatility | Entry timing | Short-term risk | Regime changes |
| KEMAD | Precise signals | Trend confirmation | Major reversals |
## Visual Indicators and Chart Analysis
The bot provides comprehensive visual feedback on the chart:
- **Channel Bands**: Keltner or MLMA bands showing potential support/resistance
- **Pivot SuperTrend**: Colored line showing trend direction and potential reversal points
- **Entry/Exit Markers**: Annotations showing actual trade entries and exits
- **Risk/Reward Zones**: Visual representation of stop-loss and take-profit levels
These visual elements allow for:
- Real-time strategy assessment
- Post-trade analysis and optimization
- Educational understanding of the strategy logic
## Implementation Guide
### TradingView Setup
1. Load the script in TradingView Pine Editor
2. Apply to your preferred chart and timeframe
3. Adjust parameters based on your trading preferences
4. Enable alerts for webhook integration
### Webhook Integration
1. Configure webhook URL in TradingView alerts
2. Set up receiving endpoint on your trading platform
3. Define message format matching the bot's output
4. Test with small position sizes before full deployment
### Optimization Process
1. Backtest across different market conditions
2. Identify parameter sensitivity through multiple tests
3. Focus on risk management parameters first
4. Fine-tune entry/exit conditions based on performance metrics
5. Validate with out-of-sample testing
## Performance Considerations
### Strengths
- Adaptability to different market conditions through dual channels
- Multiple layers of confirmation reducing false signals
- Comprehensive risk management protecting capital
- Machine learning integration for predictive edge
### Limitations
- Complex parameter set requiring careful optimization
- Potential over-optimization risk with so many variables
- Computational intensity of MLMA calculations
- Dependency on proper webhook configuration for execution
### Best Practices
- Start with conservative risk settings (1-2% of equity)
- Test thoroughly in demo environment before live trading
- Monitor performance regularly and adjust parameters
- Consider market regime changes when evaluating results
## Conclusion
The ₿ober XM v2.0 represents a significant evolution in trading strategy design, combining traditional technical analysis with machine learning elements and multi-timeframe analysis. The core strength of this system lies in its adaptability and recognition of market asymmetry.
### Market Asymmetry and Adaptive Approach
The strategy acknowledges a fundamental truth about markets: bullish and bearish phases behave differently and should be treated as distinct environments. The dual-channel system with separate parameters for long and short positions directly addresses this asymmetry, allowing for optimized performance regardless of market direction.
### Targeted Backtesting Philosophy
It's counterproductive to run backtests over excessively long periods. Markets evolve continuously, and strategies that worked in previous market regimes may be ineffective in current conditions. Instead:
- Test specific market phases separately (bull markets, bear markets, range-bound periods)
- Regularly re-optimize parameters as market conditions change
- Focus on recent performance with higher weight than historical results
- Test across multiple timeframes to ensure robustness
### Multi-Timeframe Analysis as a Game-Changer
The integration of multi-timeframe analysis fundamentally transforms the strategy's effectiveness:
- **Increased Safety**: Higher timeframe confirmations reduce false signals and improve trade quality
- **Context Awareness**: Decisions made with awareness of larger trends reduce adverse entries
- **Adaptable Precision**: Apply strict filters on lower timeframes while maintaining awareness of broader conditions
- **Reduced Noise**: Higher timeframe data naturally filters market noise that can trigger poor entries
The ₿ober XM v2.0 provides traders with a framework that acknowledges market complexity while offering practical tools to navigate it. With proper setup, realistic expectations, and attention to changing market conditions, it delivers a sophisticated approach to systematic trading that can be continuously refined and optimized.
[blackcat] L1 Rhythm OscillatorOVERVIEW 📊💡
The L1 Rhythm Oscillator is an advanced oscillator designed to identify potential entry points in financial markets using a combination of Williams %R indicators and Time-Varying Moving Averages (TVMAs). This script provides traders with clear buy and sell signals that help them capitalize on trends while minimizing risk.
FEATURES 💡🌟
Williams %R Analysis:
Base Indicator (WR0): Measures overbought/oversold conditions within a specified period.
Smoothed Indicators (WR1 & WR2): Further refined versions of WR0 to filter out noise and highlight significant trends.
Dynamic Bands:
Bull Band: Shaded area between WR0 and the bullish threshold when WR0 falls below the defined level.
Bear Band: Shaded area between WR0 and the bearish threshold when WR0 exceeds the defined level.
Trading Signals:
Buy Signal: Generated when WR1 crosses above WR2, indicating a potential upward trend reversal.
Sell Signal: Triggered when WR1 crosses below WR2, suggesting a downward trend shift.
Thresholds:
Bull Threshold (default 60%): Marks levels where the asset is considered relatively undervalued.
Bear Threshold (default 40%): Indicates regions where the asset might be overvalued.
Visual Enhancements:
Colored Bands: Clearly distinguish between bullish and bearish areas.
Horizontal Lines: Provide quick reference points for overbought/oversold levels.
Labels: Display "BUY" and "SELL" markers at key signal locations.
HOW TO USE ⚙️📈
Add the Indicator to Your Chart:
Open your preferred asset's chart on TradingView.
Click on “Indicators” and search for “ L1 Rhythm Oscillator.”
Add the indicator to your chart.
Customize Parameters:
Adjust these inputs according to your trading strategy:
WR Period: Sets the lookback window for calculating Williams %R.
Bull Threshold: Defines the upper limit for bullish territory.
Bear Threshold: Establishes the lower boundary for bearish territory.
TVMA Length: Controls the sensitivity of the moving average used in calculations.
Interpret Visual Elements:
Yellow Line (WR1): The first smoothed version of the base Williams %R.
Fuchsia Line (WR2): The second smoothed line derived from WR1 via TVMA.
Lime-Shaded Area: Represents Bull Band where prices are potentially undervalued.
Red-Shaded Area: Symbolizes Bear Band indicating possible overvaluation.
Horizontal Lines:
Value 0% represents perfect overbought condition.
Value 100% indicates extreme oversold state.
Bull/Bear thresholds provide additional context for interpreting market sentiment.
Act on Crossovers:
Look for instances where WR1 crosses through WR2:
When WR1 moves above WR2 → Potential BUY opportunity.
When WR1 dips below WR2 → Likely SELL scenario.
Consider Contextual Factors:
Combine the oscillator signals with other technical indicators like MACD, RSI, or volume analysis for more robust decision-making.
Be aware of broader market trends and news events that could impact price movements.
Manage Risk:
Always use proper stop-loss orders to protect against adverse price movements.
Consider position sizing based on available capital and risk tolerance.
LIMITATIONS ⚠️🔍
Historical Data Dependency: Like most oscillators, this tool relies on past data patterns which may not always predict future behavior accurately.
False Signals: No single indicator can guarantee correct predictions; false positives/negatives can arise during volatile periods.
Overfitting Risks: Customized settings might work well historically but fail under different market conditions without careful validation.
Complexity: Multiple layers of smoothing and crossover logic require understanding to interpret correctly.
NOTES 🔍📝
Parameter Optimization: Experiment with various combinations of WR Period, Bull/Bear Thresholds, and TVMA Length to find what works best for specific assets and timeframes.
Regular Review: Continuously monitor the performance of the indicator versus actual outcomes, adjusting parameters as needed.
Educational Resources: Deepen your knowledge about oscillator strategies, particularly focusing on how they detect reversals and momentum shifts.
Consistency Key: For successful implementation, maintain consistent rules regarding trade entries/exits regardless of short-term fluctuations.
[blackcat] L1 Swing Reversal IndexOVERVIEW
The indicator is crafted to assist traders in identifying potential swing reversal points within various markets 📈✨. This sophisticated tool combines elements from price deviations, smoothed moving averages, and relative strength indices (RSIs) to generate actionable trade signals, making it easier for users to spot lucrative entry/exit opportunities. By visualizing key market conditions through customizable plots and labels, this indicator simplifies complex analyses into straightforward decisions.
Ideal for day traders or swing traders looking to capitalize on short-to-medium-term trends, the offers invaluable insights into market sentiment changes enabling precise timing of trades.
FEATURES
Dynamic Price Deviation Calculation: Computes adaptive price deviations considering both typical prices and volatility metrics.
Smoothed Deviations: Utilizes dual-smoothing techniques ensuring accurate reflection of underlying trends without excessive noise interference.
Enhanced RSI Integration: Includes a modified version of Relative Strength Index providing clearer overbought/oversold conditions.
Visual Signal Representation:
Colored columns indicating bullish/bearish pressure levels directly on the chart.
Dynamic labels marking specific buy/sell conditions enhancing clarity.
Customizable Parameters: Allows tweaking smoothing, volatility, and RSI periods according to user preferences facilitating tailored usage.
Alert Notifications: Supports real-time alerts via TradingView’s integrated system keeping traders informed promptly ✅🔔.
HOW TO USE
Script Setup:
Save the provided code under Indicators > Add Custom Indicator in your TradingView workspace.
Name appropriately and activate across desired charts.
Parameter Adjustments:
Configure Smoothing, Volatility, and RSI periods based on preferred trading styles or asset characteristics:
Shorter durations suit fast-paced environments while longer ones align better with slower-moving assets.
Experiment iteratively optimizing settings maximizing accuracy for specific needs.
Interpreting Plots/Labels:
Observe colored columns representing current market sentiment:
Green columns signify bullish momentum suggesting possible buying opportunities.
Red columns indicate bearish tendencies hinting at selling chances.
Note dynamic "BUY" & "SELL" labels triggered under predefined criteria guiding timely actions.
Incorporating Signals:
Integrate these generated cues within broader strategies leveraging support/resistance lines, volume data, etc., ensuring robust validation before executing trades.
Cross-reference alongside other complementary tools (e.g., MACD, Bollinger Bands) for added confirmation bolstering decision-making confidence.
Setting Up Alerts:
Enable alert notifications corresponding to crucial conditions ensuring timely updates via TradingView’s notification infrastructure.
Fine-tune alert messages reflecting personal requirements maintaining seamless workflow integration.
Testing & Validation:
Conduct thorough backtesting employing historical datasets verifying effectiveness amidst varying market scenarios.
Continuously refine parameter configurations enhancing overall performance mitigating false positives/negatives.
EXAMPLE SCENARIOS
Short-Term Trades: Capitalize on fleeting reversals by focusing primarily on shorter-period RSIs combined with swift price deviation movements.
Swing Strategies: Utilize medium-range settings identifying intermediate trend shifts maximizing profit potentials while minimizing risks.
LIMITATIONS
Accuracy relies heavily upon correctly configured inputs; hence regular re-evaluation aligning evolving dynamics proves imperative.
Excessive dependence solely on this metric might lead to missed opportunities during sideways/choppy phases necessitating additional confirmatory indicators.
Always complement outputs with fundamental analyses securing comprehensive perspectives effectively managing associated risks.
NOTES
Educational Insights: Gain deeper understanding exploring underlying principles behind price deviations and their role in technical analysis fostering better comprehension.
Risk Management Protocols: Employ strict risk management practices encompassing stop-loss/profit targets preserving capital integrity amid unpredictable market fluctuations.
Continuous Learning: Stay abreast exploring emerging financial landscapes incorporating innovative methodologies augmenting script utility and relevance.
THANKS
Thanks go out to everyone contributing towards refining and improving this script. Your valuable feedback fuels ongoing enhancements propelling superior trading experiences!
Smart Trend Lines [The_lurker]
Smart Trend Lines
A multi-level trend classifier that detects bullish and bearish conditions using a methodology based on drawing trend lines—main, intermediate, and short-term—by identifying peaks and troughs. The tool highlights trend strength by applying filters such as the Average Directional Index (ADX) (A), Relative Strength Index (RSI) (R), and Volume (V), making it easier to interpret trend strength. The filter markers (V, A, R) in the Smart Trend Lines indicator are powerful tools for assessing the reliability of breakouts. Breakouts containing are the most reliable, as they indicate strong volume support, trend strength, and favorable momentum. Breakouts with partial filters (such as or ) require additional confirmation, while breakouts without filters ( ) should be avoided unless supported by other strong signals. By understanding the meaning of each filter and the market context.
Core Functionality
1. Trend Line Types
The indicator generates three distinct trend line categories, each serving a specific analytical purpose:
Main Trend Lines: These are long-term trend lines designed to capture significant market trends. They are calculated based on pivot points over a user-defined period (default: 50 bars). Main trend lines are ideal for identifying macro-level support and resistance zones.
Mid Trend Lines: These are medium-term trend lines (default: 21 bars) that focus on intermediate price movements. They provide a balance between short-term fluctuations and long-term trends, suitable for swing trading strategies.
Short Trend Lines: These are short-term trend lines (default: 9 bars) that track rapid price changes. They are particularly useful for scalping or day trading, highlighting immediate support and resistance levels.
Each trend line type can be independently enabled or disabled, allowing traders to tailor the indicator to their preferred timeframes.
2. Breakout Detection
The indicator employs a robust breakout detection system that identifies when the price crosses a trend line, signaling a potential trend reversal or continuation. Breakouts are validated using the following filters:
ADX Filter: The Average Directional Index (ADX) measures trend strength. A user-defined threshold (default: 20) ensures that breakouts occur during strong trends, reducing false signals in range-bound markets.
RSI Filter: The Relative Strength Index (RSI) identifies overbought or oversold conditions. Breakouts are filtered based on RSI thresholds (default: 65 for overbought, 35 for oversold) to avoid signals in extreme market conditions.
Volume Filter: Breakouts are confirmed only when trading volume exceeds a moving average (default: 20 bars) and aligns with the breakout direction (e.g., higher volume on bullish breakouts when the candle closes higher).
Breakout events are marked with labels on the chart, indicating the type of trend line broken (Main, Mid, or Short) and the filters satisfied (Volume, ADX, RSI). Alerts are triggered for each breakout, providing real-time notifications.
3. Customization Options
The indicator offers extensive customization through input settings, organized into logical groups for ease of use:
Main Trend Line Settings
Length: Defines the number of bars used to calculate pivot points (default: 50).
Bullish Color: Color for upward-sloping (bullish) main trend lines (default: green).
Bearish Color: Color for downward-sloping (bearish) main trend lines (default: red).
Style: Line style options include solid, dashed, or dotted (default: solid).
Mid Trend Line Settings
Length: Number of bars for mid-term pivot points (default: 21).
Show/Hide: Toggle visibility of mid trend lines (default: enabled).
Bullish Color: Color for bullish mid trend lines (default: lime).
Bearish Color: Color for bearish mid trend lines (default: maroon).
Style: Line style (default: dashed).
Short Trend Line Settings
Length: Number of bars for short-term pivot points (default: 9).
Show/Hide: Toggle visibility of short trend lines (default: enabled).
Bullish Color: Color for bullish short trend lines (default: teal).
Bearish Color: Color for bearish short trend lines (default: purple).
Style: Line style (default: dotted).
General Display Settings
Break Check Price: Selects the price type for breakout detection (Close, High, or Low; default: Close).
Show Previous Trendlines: Option to display historical main trend lines (default: disabled).
Label Size: Size of breakout labels (Tiny, Small, Normal, Large, Huge; default: Small).
Filter Settings
ADX Threshold: Minimum ADX value for trend strength confirmation (default: 25).
Volume MA Period: Period for the volume moving average (default: 20).
RSI Filter: Enable/disable RSI filtering (default: enabled).
RSI Upper Threshold: Upper RSI limit for overbought conditions (default: 65).
RSI Lower Threshold: Lower RSI limit for oversold conditions (default: 35).
4. Technical Calculations
The indicator relies on several technical calculations to ensure accuracy:
Pivot Points: Pivot highs and lows are detected using the ta.pivothigh and ta.pivotlow functions, with separate lengths for Main, Mid, and Short trend lines.
Slope Calculation: The slope of each trend line is calculated as the change in price divided by the change in bar index between two pivot points.
ADX Calculation: ADX is computed using a 14-period Directional Movement Index (DMI), with smoothing over 14 bars.
RSI Calculation: RSI is calculated over a 14-period lookback using the ta.rsi function.
Volume Moving Average: A simple moving average (SMA) of volume is used to determine if current volume exceeds the average.
5. Strict Mode Validation
To ensure the reliability of trend lines, the indicator employs a strict mode check:
For bearish trend lines, all prices between pivot points must remain below the projected trend line.
For bullish trend lines, all prices must remain above the projected trend line.
Post-pivot break checks ensure that no breakouts occur between pivot points, enhancing the validity of the trend line.
6. Trend Line Extension
Trend lines are dynamically extended forward until a breakout occurs. The extension logic:
Projects the trend line using the calculated slope.
Continuously validates the extension using strict mode checks.
Stops extension upon a breakout, fixing the trend line at the breakout point.
7. Alerts and Labels
Labels: Breakout labels are placed above (for bearish breakouts) or below (for bullish breakouts) the price bar. Labels include:
A prefix indicating the trend line type (B for Main, M for Mid, S for Short).
A suffix showing satisfied filters (e.g., for Volume, ADX, and RSI).
Alerts: Each breakout triggers a one-time alert per bar close, with a descriptive message indicating the trend line type and filters met.
Detailed Code Breakdown
1. Initialization and Inputs
The script begins by defining the indicator with indicator('Smart Trend Lines ', overlay = true), ensuring it overlays on the price chart. Input settings are grouped into categories (Main, Mid, Short, General Display, Filters) for user convenience. Each input includes a tooltip in both English and Arabic, enhancing accessibility.
2. Technical Indicator Calculations
Volume MA: Calculated using ta.sma(volume, volPeriod) to compare current volume against the average.
ADX: Computed using custom dirmov and adx functions, which calculate the Directional Movement Index and smooth it over 14 periods.
RSI: Calculated with ta.rsi(close, rsiPeriod) over 14 periods.
Price Selection: The priceToCheck function selects the price type (Close, High, or Low) for breakout detection.
3. Pivot Detection
Pivot points are detected using ta.pivothigh and ta.pivotlow for each trend line type. The lookback period is set to the respective trend line length (e.g., 50 for Main, 21 for Mid, 9 for Short).
4. Trend Line Logic
For each trend line type (Main, Mid, Short):
Bearish Trend Lines: Identified when two consecutive pivot highs form a downward slope. The script validates the trend line using strict mode and post-pivot break checks.
Bullish Trend Lines: Identified when two consecutive pivot lows form an upward slope, with similar validation.
Trend lines are drawn using line.new, with separate lines for the initial segment (between pivots) and the extended segment (from the second pivot forward).
5. Breakout Detection and Labeling
Breakouts are detected when the selected price crosses the trend line level. The script checks:
Volume conditions (above average and aligned with candle direction).
ADX condition (above threshold).
RSI condition (within thresholds if enabled). Labels are created with label.new, and alerts are triggered with alert.
6. Trend Line Extension
The extendTrendline function dynamically updates the trend line’s endpoint unless a breakout occurs. It uses strict mode checks to ensure the trend line remains valid.
7. Previous Trend Lines
If enabled, previous main trend lines are stored in arrays (previousBearishStartLines, previousBullishTrendLines, etc.) and displayed on the chart, providing historical context.
Disclaimer:
The information and publications are not intended to be, nor do they constitute, financial, investment, trading, or other types of advice or recommendations provided or endorsed by TradingView.
ETH to RTH Gap DetectorETH to RTH Gap Detector
What It Does
This indicator identifies and tracks custom-defined gaps that form between Extended Trading Hours (ETH) and Regular Trading Hours (RTH). Unlike traditional gap definitions, this indicator uses a specialized approach - defining up gaps as the space between previous session close high to current session initial balance low, and down gaps as the space from previous session close low to current session initial balance high. Each detected gap is monitored until it's touched by price.
Key Features
Detects custom-defined ETH-RTH gaps based on previous session close and current session initial balance
Automatically identifies both up gaps and down gaps
Visualizes gaps with color-coded boxes that extend until touched
Tracks when gaps are filled (when price touches the gap area)
Offers multiple display options for filled gaps (color change, border only, pattern, or delete)
Provides comprehensive statistics including total gaps, up/down ratio, and touched gap percentage
Includes customizable alert system for real-time gap filling notifications
Features toggle options for dashboard visibility and weekend sessions
Uses time-based box coordinates to avoid common TradingView drawing limitations
How To Use It
Configure Session Times : Set your preferred RTH hours and timezone (default 9:30-16:00 America/New York)
Set Initial Balance Period : Adjust the initial balance period (default 30 minutes) for gap detection sensitivity
Monitor Gap Formation : The indicator automatically detects gaps between the previous session close and current session IB
Watch For Gap Fills : Gaps change appearance or disappear when price touches them, based on your selected style
Check Statistics : View the dashboard to see total gaps, directional distribution, and touched percentage
Set Alerts : Enable alerts to receive notifications when gaps are filled
Settings Guide
RTH Settings : Configure the start/end times and timezone for Regular Trading Hours
Initial Balance Period : Controls how many minutes after market open to calculate the initial balance (1-240 minutes)
Display Settings : Toggle gap boxes, extension behavior, and dashboard visibility
Filled Box Style : Choose how filled gaps appear - Filled (color change), Border Only, Pattern, or Delete
Color Settings : Customize colors for up gaps, down gaps, and filled gaps
Alert Settings : Control when and how alerts are triggered for gap fills
Weekend Session Toggle : Option to include or exclude weekend trading sessions
Technical Details
The indicator uses time-based coordinates (xloc.bar_time) to prevent "bar index too far" errors
Gap boxes are intelligently limited to avoid TradingView's 500-bar drawing limitation
Box creation and fill detection use proper range intersection logic for accuracy
Session detection is handled using TradingView's session string format for reliability
Initial balance detection is precisely calculated based on time difference
Statistics calculations exclude zero-division scenarios for stability
This indicator works best on futures markets with extended and regular trading hours, especially indices (ES, NQ, RTY) and commodities. Performs well on timeframes from 1-minute to 1-hour.
What Makes It Different
Most gap indicators focus on traditional open-to-previous-close gaps, but this tool offers a specialized definition more relevant to ETH/RTH transitions. By using the initial balance period to define gap edges, it captures meaningful price discrepancies that often provide trading opportunities. The indicator combines sophisticated gap detection logic with clean visualization and comprehensive tracking statistics. The customizable fill styles and integrated alert system make it practical for both chart analysis and active trading scenarios.
C&B Auto MK5C&B Auto MK5.2ema BullBear
Overview
The C&B Auto MK5.2ema BullBear is a versatile Pine Script indicator designed to help traders identify bullish and bearish market conditions across various timeframes. It combines Exponential Moving Averages (EMAs), Relative Strength Index (RSI), Average True Range (ATR), and customizable time filters to generate actionable signals. The indicator overlays on the price chart, displaying EMAs, a dynamic cloud, scaled RSI levels, bull/bear signals, and market condition labels, making it suitable for swing trading, day trading, or scalping in trending or volatile markets.
What It Does
This indicator generates bull and bear signals based on the interaction of two EMAs, filtered by RSI thresholds, ATR-based volatility, a 50/200 EMA trend filter, and user-defined time windows. It adapts to market volatility by adjusting EMA lengths and RSI thresholds. A dynamic cloud highlights trend direction or neutral zones, with candlestick coloring in neutral conditions. Market condition labels (current and historical) provide real-time trend and volatility context, displayed above the chart.
How It Works
The indicator uses the following components:
EMAs: Two EMAs (short and long) are calculated on a user-selected timeframe (1, 5, 15, 30, or 60 minutes). Their crossover or crossunder triggers potential bull/bear signals. EMA lengths adjust based on volatility (e.g., 10/20 for volatile markets, 5/10 for non-volatile).
Dynamic Cloud: The area between the EMAs forms a cloud, colored green for bullish trends, red for bearish trends, or a user-defined color (default yellow) for neutral zones (when EMAs are close, determined by an ATR-based threshold). Users can widen the cloud for visibility.
RSI Filter: RSI is scaled to price levels and plotted on the chart (optional). Signals are filtered to ensure RSI is within volatility-adjusted bull/bear thresholds and not in overbought/oversold zones.
ATR Volatility Filter: An optional filter ensures signals occur during sufficient volatility (ATR(14) > SMA(ATR, 20)).
50/200 EMA Trend Filter: An optional filter restricts bull signals to bullish trends (50 EMA > 200 EMA) and bear signals to bearish trends (50 EMA < 200 EMA).
Time Filter: Signals are restricted to a user-defined UTC time window (default 9:00–15:00), aligning with active trading sessions.
Market Condition Labels: Labels above the chart display the current trend (Bullish, Bearish, Neutral) and optionally volatility (e.g., “Bullish Volatile”). Up to two historical labels persist for a user-defined number of bars (default 5) to show recent trend changes.
Visual Aids: Bull signals appear as green triangles/labels below the bar, bear signals as red triangles/labels above. Candlesticks in neutral zones are colored (default yellow).
The indicator ensures compatibility with standard chart types (e.g., candlestick or bar charts) to produce realistic signals, avoiding non-standard types like Heikin Ashi or Renko.
How to Use It
Add to Chart: Apply the indicator to a candlestick or bar chart on TradingView.
Configure Settings:
Timeframe: Choose a timeframe (1, 5, 15, 30, or 60 minutes) to match your trading style.
Filters:
Enable/disable the ATR volatility filter to focus on high-volatility periods.
Enable/disable the 50/200 EMA trend filter to align signals with the broader trend.
Enable the time filter and set custom UTC hours/minutes (default 9:00–15:00).
Cloud Settings: Adjust the cloud width, neutral zone threshold, color, and transparency.
EMA Colors: Use default trend-based colors or set custom colors for short/long EMAs.
RSI Display: Toggle the scaled RSI and its thresholds, with customizable colors.
Signal Settings: Toggle bull/bear labels and set signal colors.
Market Condition Labels: Toggle current/historical labels, include/exclude volatility, and adjust decay period.
Interpret Signals:
Bull Signal: A green triangle or “Bull” label below the bar indicates potential bullish momentum (EMA crossover, RSI above bull threshold, within time window, passing filters).
Bear Signal: A red triangle or “Bear” label above the bar indicates potential bearish momentum (EMA crossunder, RSI below bear threshold, within time window, passing filters).
Neutral Zone: Yellow candlesticks and cloud (if enabled) suggest a lack of clear trend; consider range-bound strategies or avoid trading.
Market Condition Labels: Check labels above the chart for real-time trend (Bullish, Bearish, Neutral) and volatility status to confirm market context.
Monitor Context: Use the cloud, RSI, and labels to assess trend strength and volatility before acting on signals.
Unique Features
Volatility-Adaptive EMAs: Automatically adjusts EMA lengths based on ATR to suit volatile or non-volatile markets, reducing manual configuration.
Neutral Zone Detection: Uses an ATR-based threshold to identify low-trend periods, helping traders avoid choppy markets.
Scaled RSI Visualization: Plots RSI and thresholds directly on the price chart, simplifying momentum analysis relative to price.
Flexible Time Filtering: Supports precise UTC-based trading windows, ideal for day traders targeting specific sessions.
Historical Market Labels: Displays recent trend changes (up to two) with a decay period, providing context for market shifts.
50/200 EMA Trend Filter: Aligns signals with the broader market trend, enhancing signal reliability.
Notes
Use on standard candlestick or bar charts to ensure accurate signals.
Test the indicator on a demo account to optimize settings for your market and timeframe.
Combine with other analysis (e.g., support/resistance, volume) for better decision-making.
The indicator is not a standalone system; use it as part of a broader trading strategy.
Limitations
Signals may lag in fast-moving markets due to EMA-based calculations.
Neutral zone detection may vary in extremely volatile or illiquid markets.
Time filters are UTC-based; ensure your platform’s timezone settings align.
This indicator is designed for traders seeking a customizable, trend-following tool that adapts to volatility and provides clear visual cues with robust filtering for bullish and bearish market conditions.
AlphaTrend++AlphaTrend++
Overview
The AlphaTrend++ is an advanced Pine Script indicator designed to help traders identify buy and sell opportunities in trending and volatile markets. Building on trend-following principles, it uses a modified Average True Range (ATR) calculation combined with volume or momentum data to plot a dynamic trend line. The indicator overlays on the price chart, displaying a colored trend line, a filled trend zone, buy/sell signals, and optional stop-loss tick labels, making it ideal for day trading or swing trading, particularly in markets like futures (e.g., MES).
What It Does
This indicator generates buy and sell signals based on the direction and momentum of a custom trend line, filtered by optional time restrictions and signal frequency logic. The trend line adapts to price action and volatility, with a filled zone highlighting trend strength. Buy/sell signals are plotted as labels, and stop-loss distances are displayed in ticks (customizable for instruments like MES). The indicator supports standard chart types for realistic signal generation.
How It Works
The indicator employs the following components:
Trend Line Calculation: A dynamic trend line is calculated using ATR adjusted by a user-defined multiplier, combined with either Money Flow Index (MFI) or Relative Strength Index (RSI) depending on volume availability. The line tracks price movements, adjusting upward or downward based on trend direction and volatility.
Trend Zone: The area between the current trend line and its value two bars prior is filled, colored green for bullish trends (upward movement) or red for bearish trends (downward movement), providing a visual cue of trend strength.
Signal Generation: Buy signals occur when the trend line crosses above its value two bars ago, and sell signals occur when it crosses below, with optional filtering to reduce signal noise (based on bar timing logic). Signals can be restricted to a 9:00–15:00 UTC trading window.
Stop-Loss Ticks: For each signal, the indicator calculates the distance to the trend line (acting as a stop-loss level) in ticks, using a user-defined tick size (default 0.25 for MES). These are displayed as labels below/above the signal.
Time Filter: An optional filter limits signals to 9:00–15:00 UTC, aligning with active trading sessions like the US market open.
The indicator ensures compatibility with standard chart types (e.g., candlestick or bar charts) to avoid unrealistic results associated with non-standard types like Heikin Ashi or Renko.
How to Use It
Add to Chart: Apply the indicator to a candlestick or bar chart on TradingView.
Configure Settings:
Multiplier: Adjust the ATR multiplier (default 1.0) to control trend line sensitivity. Higher values widen the stop-loss distance.
Common Period: Set the ATR and MFI/RSI period (default 14) for trend calculations.
No Volume Data: Enable if volume data is unavailable (e.g., for certain forex pairs), switching from MFI to RSI.
Tick Size: Set the tick size for stop-loss calculations (default 0.25 for MES futures).
Show Buy/Sell Signals: Toggle signal labels (default enabled).
Show Stop Loss Ticks: Toggle stop-loss tick labels (default enabled).
Use Time Filter: Restrict signals to 9:00–15:00 UTC (default disabled).
Use Filtered Signals: Enable to reduce signal frequency using bar timing logic (default enabled).
Interpret Signals:
Buy Signal: A blue “BUY” label below the bar indicates a potential long entry (trend line crossover, passing filters).
Sell Signal: A red “SELL” label above the bar indicates a potential short entry (trend line crossunder, passing filters).
Trend Zone: Green fill suggests bullish momentum; red fill suggests bearish momentum.
Stop-Loss Ticks: Gray labels show the stop-loss distance in ticks, helping with risk management.
Monitor Context: Use the trend line and filled zone to confirm the market’s direction before acting on signals.
Unique Features
Adaptive Trend Line: Combines ATR with MFI or RSI to create a responsive trend line that adjusts to volatility and market conditions.
Tick-Based Stop-Loss: Displays stop-loss distances in ticks, customizable for specific instruments, aiding precise risk management.
Signal Filtering: Optional bar timing logic reduces false signals, improving reliability in choppy markets.
Trend Zone Visualization: The filled zone between trend line values enhances trend clarity, making it easier to assess momentum.
Time-Restricted Trading: Optional 9:00–15:00 UTC filter aligns signals with high-liquidity sessions.
Notes
Use on standard candlestick or bar charts to ensure accurate signals.
Test the indicator on a demo account to optimize settings for your market and timeframe.
Combine with other analysis (e.g., support/resistance, volume spikes) for better decision-making.
The indicator is not a standalone system; use it as part of a broader trading strategy.
Limitations
Signals may lag in highly volatile or low-liquidity markets due to ATR-based calculations.
The 9:00–15:00 UTC time filter may not suit all markets; disable it for 24-hour assets like forex or crypto.
Stop-loss tick calculations assume consistent tick sizes; verify compatibility with your instrument.
This indicator is designed for traders seeking a robust, trend-following tool with customizable risk management and signal filtering, optimized for active trading sessions.
Adaptive Freedom Machine w/labelsAdaptive Freedom Machine w/ Labels
Overview
The Adaptive Freedom Machine w/ Labels is a versatile Pine Script indicator designed to assist traders in identifying buy and sell opportunities across various market conditions (trending, ranging, or volatile). It combines Exponential Moving Averages (EMAs), Relative Strength Index (RSI), Average True Range (ATR), and customizable time filters to generate actionable signals. The indicator overlays on the price chart, displaying EMAs, a dynamic cloud, scaled RSI levels, buy/sell signals, and market condition labels, making it suitable for swing trading, day trading, or scalping.
What It Does
This indicator generates buy and sell signals based on the interaction of two EMAs, filtered by RSI thresholds, ATR-based volatility, and user-defined time windows. It adapts to the selected market condition by adjusting EMA lengths, RSI thresholds, and trading hours. A dynamic cloud highlights trend direction or neutral zones, and candlestick bodies are colored in neutral conditions for clarity. A table displays real-time trend and volatility status.
How It Works
The indicator uses the following components:
EMAs: Two EMAs (short and long) are calculated on a user-selected timeframe (1, 5, 15, 30, or 60 minutes). Their crossover or crossunder generates potential buy/sell signals, with lengths adjusted based on the market condition (e.g., longer EMAs for trending markets, shorter for ranging).
Dynamic Cloud: The area between the EMAs forms a cloud, colored green for uptrends, red for downtrends, or a user-defined color (default yellow) for neutral zones (when EMAs are close, determined by an ATR-based threshold). Users can widen the cloud for visibility.
RSI Filter: RSI is scaled to price levels and plotted on the chart (optional). Signals are filtered to ensure RSI is within user-defined buy/sell thresholds and not in overbought/oversold zones, with thresholds tailored to the market condition.
ATR Volatility Filter: An optional filter ensures signals occur during sufficient volatility (ATR(14) > SMA(ATR, 20)).
Time Filter: Signals are restricted to a user-defined or market-specific time window (e.g., 10:00–15:00 UTC for volatile markets), with an option for custom hours.
Visual Aids: Buy/sell signals appear as green triangles (buy) or red triangles (sell). Candlesticks in neutral zones are colored (default yellow). A table in the top-right corner shows the current trend (Uptrend, Downtrend, Neutral) and volatility (High or Low).
The indicator ensures compatibility with standard chart types (e.g., candlestick charts) to produce realistic signals, avoiding non-standard types like Heikin Ashi or Renko.
How to Use It
Add to Chart: Apply the indicator to a candlestick or bar chart on TradingView.
Configure Settings:
Timeframe: Choose a timeframe (1, 5, 15, 30, or 60 minutes) to align with your trading style.
Market Condition: Select one market condition (Trending, Ranging, or Volatile). Volatile is the default if none is selected. Only one condition can be active.
Filters:
Enable/disable the ATR volatility filter to trade only in high-volatility periods.
Enable the time filter and choose default hours (specific to the market condition) or set custom UTC hours.
Cloud Settings: Adjust the cloud width, neutral zone threshold, and color. Enable/disable the neutral cloud.
RSI Display: Toggle the scaled RSI and its thresholds on the chart.
Interpret Signals:
Buy Signal: A green triangle below the bar indicates a potential long entry (EMA crossover, RSI above buy threshold, within time window, and passing volatility filter).
Sell Signal: A red triangle above the bar indicates a potential short entry (EMA crossunder, RSI below sell threshold, within time window, and passing volatility filter).
Neutral Zone: Yellow candlesticks and cloud (if enabled) suggest a lack of clear trend; avoid trading or use for range-bound strategies.
Monitor the Table: Check the top-right table for real-time trend (Uptrend, Downtrend, Neutral) and volatility (High or Low) to confirm market context.
Unique Features
Adaptive Parameters: Automatically adjusts EMA lengths, RSI thresholds, and trading hours based on the selected market condition, reducing manual tweaking.
Neutral Zone Detection: Uses an ATR-based threshold to identify low-trend periods, helping traders avoid choppy markets.
Scaled RSI Visualization: Plots RSI and thresholds directly on the price chart, making it easier to assess momentum relative to price action.
Flexible Time Filtering: Supports both default and custom UTC-based trading windows, ideal for day traders targeting specific sessions.
Dynamic Cloud: Enhances trend visualization with customizable width and neutral zone coloring, improving readability.
Notes
Use on standard candlestick or bar charts to ensure realistic signals.
Test the indicator on a demo account to understand its behavior in your chosen market and timeframe.
Adjust settings to match your trading strategy, but avoid over-optimizing for past data.
The indicator is not a standalone system; combine it with other analysis (e.g., support/resistance, news events) for better results.
Limitations
Signals may lag in fast-moving markets due to EMA-based calculations.
Neutral zone detection may vary in extremely volatile or illiquid markets.
Time filters are UTC-based; ensure your platform’s timezone settings align.
This indicator is designed for traders seeking a customizable, trend-following tool that adapts to different market environments while providing clear visual cues and robust filtering.
PowerHouse SwiftEdge AI v2.10 StrategyOverview
The PowerHouse SwiftEdge AI v2.10 Strategy is a sophisticated trading system designed to identify high-probability trade setups in forex, stocks, and cryptocurrencies. By combining multi-timeframe trend analysis, momentum signals, volume confirmation, and smart money concepts (Change of Character and Break of Structure ), this strategy offers traders a robust tool to capitalize on market trends while minimizing false signals. The strategy’s unique “AI” component analyzes trends across multiple timeframes to provide a clear, actionable dashboard, making it accessible for both novice and experienced traders. The strategy is fully customizable, allowing users to tailor its filters to their trading style.
What It Does
This strategy generates Buy and Sell signals based on a confluence of technical indicators and smart money concepts. It uses:
Multi-Timeframe Trend Analysis: Confirms the market’s direction by analyzing trends on the 1-hour (60M), 4-hour (240M), and daily (D) timeframes.
Momentum Filter: Ensures trades align with strong price movements to avoid choppy markets.
Volume Filter: Validates signals with above-average volume to confirm market participation.
Breakout Filter: Requires price to break key levels for added confirmation.
Smart Money Signals (CHoCH/BOS): Identifies reversals (CHoCH) and trend continuations (BOS) based on pivot points.
AI Trend Dashboard: Summarizes trend strength, confidence, and predictions across timeframes, helping traders make informed decisions without needing to analyze complex data manually.
The strategy also plots dynamic support and resistance trendlines, take-profit (TP) levels, and “Get Ready” signals to alert users of potential setups before they fully develop. Trades are executed with predefined take-profit and stop-loss levels for disciplined risk management.
How It Works
The strategy integrates multiple components to create a cohesive trading system:
Multi-Timeframe Trend Analysis:
The strategy evaluates trends on three timeframes (1H, 4H, Daily) using Exponential Moving Averages (EMA) and Volume-Weighted Average Price (VWAP). A trend is considered bullish if the price is above both the EMA and VWAP, bearish if below, or neutral otherwise.
Signals are only generated when the trend on the user-selected higher timeframe aligns with the trade direction (e.g., Buy signals require a bullish higher timeframe trend). This reduces noise and ensures trades follow the broader market context.
Momentum Filter:
Measures the percentage price change between consecutive bars and compares it to a volatility-adjusted threshold (based on the Average True Range ). This ensures trades are taken only during significant price movements, filtering out low-momentum conditions.
Volume Filter (Optional):
Checks if the current volume exceeds a long-term average and shows positive short-term volume change. This confirms strong market participation, reducing the risk of false breakouts.
Breakout Filter (Optional):
Requires the price to break above (for Buy) or below (for Sell) recent highs/lows, ensuring the signal aligns with a structural shift in the market.
Smart Money Concepts (CHoCH/BOS):
Change of Character (CHoCH): Detects potential reversals when the price crosses under a recent pivot high (for Sell) or over a recent pivot low (for Buy) with a bearish or bullish candle, respectively.
Break of Structure (BOS): Confirms trend continuations when the price breaks below a recent pivot low (for Sell) or above a recent pivot high (for Buy) with strong momentum.
These signals are plotted as horizontal lines with labels, making it easy to visualize key levels.
AI Trend Dashboard:
Combines trend direction, momentum, and volatility (ATR) across timeframes to calculate a trend score. Scores above 0.5 indicate an “Up” trend, below -0.5 indicate a “Down” trend, and otherwise “Neutral.”
Displays a table summarizing trend strength (as a percentage), AI confidence (based on trend alignment), and Cumulative Volume Delta (CVD) for market context.
A second table (optional) shows trend predictions for 1H, 4H, and Daily timeframes, helping traders anticipate future market direction.
Dynamic Trendlines:
Plots support and resistance lines based on recent swing lows and highs within user-defined periods (shortTrendPeriod, longTrendPeriod). These lines adapt to market conditions and are colored based on trend strength.
Why This Combination?
The PowerHouse SwiftEdge AI v2.10 Strategy is original because it seamlessly integrates traditional technical analysis (EMA, VWAP, ATR, volume) with smart money concepts (CHoCH, BOS) and a proprietary AI-driven trend analysis. Unlike standalone indicators, this strategy:
Reduces False Signals: By requiring confluence across trend, momentum, volume, and breakout filters, it minimizes trades in choppy or low-conviction markets.
Adapts to Market Context: The ATR-based momentum threshold adjusts dynamically to volatility, ensuring signals remain relevant in both trending and ranging markets.
Simplifies Decision-Making: The AI dashboard distills complex multi-timeframe data into a user-friendly table, eliminating the need for manual analysis.
Leverages Smart Money: CHoCH and BOS signals capture institutional price action patterns, giving traders an edge in identifying reversals and continuations.
The combination of these components creates a balanced system that aligns short-term trade entries with longer-term market trends, offering a unique blend of precision, adaptability, and clarity.
How to Use
Add to Chart:
Apply the strategy to your TradingView chart on a liquid symbol (e.g., EURUSD, BTCUSD, AAPL) with a timeframe of 60 minutes or lower (e.g., 15M, 60M).
Configure Inputs:
Pivot Length: Adjust the number of bars (default: 5) to detect pivot highs/lows for CHoCH/BOS signals. Higher values reduce noise but may delay signals.
Momentum Threshold: Set the base percentage (default: 0.01%) for momentum confirmation. Increase for stricter signals.
Take Profit/Stop Loss: Define TP and SL in points (default: 10 each) for risk management.
Higher/Lower Timeframe: Choose timeframes (60M, 240M, D) for trend filtering. Ensure the chart timeframe is lower than or equal to the higher timeframe.
Filters: Enable/disable momentum, volume, or breakout filters to suit your trading style.
Trend Periods: Set shortTrendPeriod (default: 30) and longTrendPeriod (default: 100) for trendline plotting. Keep below 2000 to avoid buffer errors.
AI Dashboard: Toggle Enable AI Market Analysis to show/hide the prediction table and adjust its position.
Interpret Signals:
Buy/Sell Labels: Green "Buy" or red "Sell" labels indicate trade entries with predefined TP/SL levels plotted.
Get Ready Signals: Yellow "Get Ready BUY" or orange "Get Ready SELL" labels warn of potential setups.
CHoCH/BOS Lines: Aqua (CHoCH Sell), lime (CHoCH Buy), fuchsia (BOS Sell), or teal (BOS Buy) lines mark key levels.
Trendlines: Green/lime (support) or fuchsia/purple (resistance) dashed lines show dynamic support/resistance.
AI Dashboard: Check the top-right table for trend strength, confidence, and CVD. The optional bottom table shows trend predictions (Up, Down, Neutral).
Backtest and Trade:
Use TradingView’s Strategy Tester to evaluate performance. Adjust TP/SL and filters based on results.
Trade manually based on signals or automate with TradingView alerts (set alerts for Buy/Sell labels).
Originality and Value
The PowerHouse SwiftEdge AI v2.10 Strategy stands out by combining multi-timeframe analysis, smart money concepts, and an AI-driven dashboard into a single, user-friendly system. Its adaptive momentum threshold, robust filtering, and clear visualizations empower traders to make confident decisions without needing advanced technical knowledge. Whether you’re a day trader or swing trader, this strategy provides a versatile, data-driven approach to navigating dynamic markets.
Important Notes:
Risk Management: Always use appropriate position sizing and risk management, as the strategy’s TP/SL levels are customizable.
Symbol Compatibility: Test on liquid symbols with sufficient historical data (at least 2000 bars) to avoid buffer errors.
Performance: Backtest thoroughly to optimize settings for your market and timeframe.
Dskyz (DAFE) Adaptive Regime - Quant Machine ProDskyz (DAFE) Adaptive Regime - Quant Machine Pro:
Buckle up for the Dskyz (DAFE) Adaptive Regime - Quant Machine Pro, is a strategy that’s your ultimate edge for conquering futures markets like ES, MES, NQ, and MNQ. This isn’t just another script—it’s a quant-grade powerhouse, crafted with precision to adapt to market regimes, deliver multi-factor signals, and protect your capital with futures-tuned risk management. With its shimmering DAFE visuals, dual dashboards, and glowing watermark, it turns your charts into a cyberpunk command center, making trading as thrilling as it is profitable.
Unlike generic scripts clogging up the space, the Adaptive Regime is a DAFE original, built from the ground up to tackle the chaos of futures trading. It identifies market regimes (Trending, Range, Volatile, Quiet) using ADX, Bollinger Bands, and HTF indicators, then fires trades based on a weighted scoring system that blends candlestick patterns, RSI, MACD, and more. Add in dynamic stops, trailing exits, and a 5% drawdown circuit breaker, and you’ve got a system that’s as safe as it is aggressive. Whether you’re a newbie or a prop desk pro, this strat’s your ticket to outsmarting the markets. Let’s break down every detail and see why it’s a must-have.
Why Traders Need This Strategy
Futures markets are a gauntlet—fast moves, volatility spikes (like the April 28, 2025 NQ 1k-point drop), and institutional traps that punish the unprepared. Meanwhile, platforms are flooded with low-effort scripts that recycle old ideas with zero innovation. The Adaptive Regime stands tall, offering:
Adaptive Intelligence: Detects market regimes (Trending, Range, Volatile, Quiet) to optimize signals, unlike one-size-fits-all scripts.
Multi-Factor Precision: Combines candlestick patterns, MA trends, RSI, MACD, volume, and HTF confirmation for high-probability trades.
Futures-Optimized Risk: Calculates position sizes based on $ risk (default: $300), with ATR or fixed stops/TPs tailored for ES/MES.
Bulletproof Safety: 5% daily drawdown circuit breaker and trailing stops keep your account intact, even in chaos.
DAFE Visual Mastery: Pulsing Bollinger Band fills, dynamic SL/TP lines, and dual dashboards (metrics + position) make signals crystal-clear and charts a work of art.
Original Craftsmanship: A DAFE creation, built with community passion, not a rehashed clone of generic code.
Traders need this because it’s a complete, adaptive system that blends quant smarts, user-friendly design, and DAFE flair. It’s your edge to trade with confidence, cut through market noise, and leave the copycats in the dust.
Strategy Components
1. Market Regime Detection
The strategy’s brain is its ability to classify market conditions into five regimes, ensuring signals match the environment.
How It Works:
Trending (Regime 1): ADX > 20, fast/slow EMA spread > 0.3x ATR, HTF RSI > 50 or MACD bullish (htf_trend_bull/bear).
Range (Regime 2): ADX < 25, price range < 3% of close, no HTF trend.
Volatile (Regime 3): BB width > 1.5x avg, ATR > 1.2x avg, HTF RSI overbought/oversold.
Quiet (Regime 4): BB width < 0.8x avg, ATR < 0.9x avg.
Other (Regime 5): Default for unclear conditions.
Indicators: ADX (14), BB width (20), ATR (14, 50-bar SMA), HTF RSI (14, daily default), HTF MACD (12,26,9).
Why It’s Brilliant:
Regime detection adapts signals to market context, boosting win rates in trending or volatile conditions.
HTF RSI/MACD add a big-picture filter, rare in basic scripts.
Visualized via gradient background (green for Trending, orange for Range, red for Volatile, gray for Quiet, navy for Other).
2. Multi-Factor Signal Scoring
Entries are driven by a weighted scoring system that combines candlestick patterns, trend, momentum, and volume for robust signals.
Candlestick Patterns:
Bullish: Engulfing (0.5), hammer (0.4 in Range, 0.2 else), morning star (0.2), piercing (0.2), double bottom (0.3 in Volatile, 0.15 else). Must be near support (low ≤ 1.01x 20-bar low) with volume spike (>1.5x 20-bar avg).
Bearish: Engulfing (0.5), shooting star (0.4 in Range, 0.2 else), evening star (0.2), dark cloud (0.2), double top (0.3 in Volatile, 0.15 else). Must be near resistance (high ≥ 0.99x 20-bar high) with volume spike.
Logic: Patterns are weighted higher in specific regimes (e.g., hammer in Range, double bottom in Volatile).
Additional Factors:
Trend: Fast EMA (20) > slow EMA (50) + 0.5x ATR (trend_bull, +0.2); opposite for trend_bear.
RSI: RSI (14) < 30 (rsi_bull, +0.15); > 70 (rsi_bear, +0.15).
MACD: MACD line > signal (12,26,9, macd_bull, +0.15); opposite for macd_bear.
Volume: ATR > 1.2x 50-bar avg (vol_expansion, +0.1).
HTF Confirmation: HTF RSI < 70 and MACD bullish (htf_bull_confirm, +0.2); RSI > 30 and MACD bearish (htf_bear_confirm, +0.2).
Scoring:
bull_score = sum of bullish factors; bear_score = sum of bearish. Entry requires score ≥ 1.0.
Example: Bullish engulfing (0.5) + trend_bull (0.2) + rsi_bull (0.15) + htf_bull_confirm (0.2) = 1.05, triggers long.
Why It’s Brilliant:
Multi-factor scoring ensures signals are confirmed by multiple market dynamics, reducing false positives.
Regime-specific weights make patterns more relevant (e.g., hammers shine in Range markets).
HTF confirmation aligns with the big picture, a quant edge over simplistic scripts.
3. Futures-Tuned Risk Management
The risk system is built for futures, calculating position sizes based on $ risk and offering flexible stops/TPs.
Position Sizing:
Logic: Risk per trade (default: $300) ÷ (stop distance in points * point value) = contracts, capped at max_contracts (default: 5). Point value = tick value (e.g., $12.5 for ES) * ticks per point (4) * contract multiplier (1 for ES, 0.1 for MES).
Example: $300 risk, 8-point stop, ES ($50/point) → 0.75 contracts, rounded to 1.
Impact: Precise sizing prevents over-leverage, critical for micro contracts like MES.
Stops and Take-Profits:
Fixed: Default stop = 8 points, TP = 16 points (2:1 reward/risk).
ATR-Based: Stop = 1.5x ATR (default), TP = 3x ATR, enabled via use_atr_for_stops.
Logic: Stops set at swing low/high ± stop distance; TPs at 2x stop distance from entry.
Impact: ATR stops adapt to volatility, while fixed stops suit stable markets.
Trailing Stops:
Logic: Activates at 50% of TP distance. Trails at close ± 1.5x ATR (atr_multiplier). Longs: max(trail_stop_long, close - ATR * 1.5); shorts: min(trail_stop_short, close + ATR * 1.5).
Impact: Locks in profits during trends, a game-changer in volatile sessions.
Circuit Breaker:
Logic: Pauses trading if daily drawdown > 5% (daily_drawdown = (max_equity - equity) / max_equity).
Impact: Protects capital during black swan events (e.g., April 27, 2025 ES slippage).
Why It’s Brilliant:
Futures-specific inputs (tick value, multiplier) make it plug-and-play for ES/MES.
Trailing stops and circuit breaker add pro-level safety, rare in off-the-shelf scripts.
Flexible stops (ATR or fixed) suit different trading styles.
4. Trade Entry and Exit Logic
Entries and exits are precise, driven by bull_score/bear_score and protected by drawdown checks.
Entry Conditions:
Long: bull_score ≥ 1.0, no position (position_size <= 0), drawdown < 5% (not pause_trading). Calculates contracts, sets stop at swing low - stop points, TP at 2x stop distance.
Short: bear_score ≥ 1.0, position_size >= 0, drawdown < 5%. Stop at swing high + stop points, TP at 2x stop distance.
Logic: Tracks entry_regime for PNL arrays. Closes opposite positions before entering.
Exit Conditions:
Stop-Loss/Take-Profit: Hits stop or TP (strategy.exit).
Trailing Stop: Activates at 50% TP, trails by ATR * 1.5.
Emergency Exit: Closes if price breaches stop (close < long_stop_price or close > short_stop_price).
Reset: Clears stop/TP prices when flat (position_size = 0).
Why It’s Brilliant:
Score-based entries ensure multi-factor confirmation, filtering out weak signals.
Trailing stops maximize profits in trends, unlike static exits in basic scripts.
Emergency exits add an extra safety layer, critical for futures volatility.
5. DAFE Visuals
The visuals are pure DAFE magic, blending function with cyberpunk flair to make signals intuitive and charts stunning.
Shimmering Bollinger Band Fill:
Display: BB basis (20, white), upper/lower (green/red, 45% transparent). Fill pulses (30–50 alpha) by regime, with glow (60–95 alpha) near bands (close ≥ 0.995x upper or ≤ 1.005x lower).
Purpose: Highlights volatility and key levels with a futuristic glow.
Visuals make complex regimes and signals instantly clear, even for newbies.
Pulsing effects and regime-specific colors add a DAFE signature, setting it apart from generic scripts.
BB glow emphasizes tradeable levels, enhancing decision-making.
Chart Background (Regime Heatmap):
Green — Trending Market: Strong, sustained price movement in one direction. The market is in a trend phase—momentum follows through.
Orange — Range-Bound: Market is consolidating or moving sideways, with no clear up/down trend. Great for mean reversion setups.
Red — Volatile Regime: High volatility, heightened risk, and larger/faster price swings—trade with caution.
Gray — Quiet/Low Volatility: Market is calm and inactive, with small moves—often poor conditions for most strategies.
Navy — Other/Neutral: Regime is uncertain or mixed; signals may be less reliable.
Bollinger Bands Glow (Dynamic Fill):
Neon Red Glow — Warning!: Price is near or breaking above the upper band; momentum is overstretched, watch for overbought conditions or reversals.
Bright Green Glow — Opportunity!: Price is near or breaking below the lower band; market could be oversold, prime for bounce or reversal.
Trend Green Fill — Trending Regime: Fills between bands with green when the market is trending, showing clear momentum.
Gold/Yellow Fill — Range Regime: Fills with gold/aqua in range conditions, showing the market is sideways/oscillating.
Magenta/Red Fill — Volatility Spike: Fills with vivid magenta/red during highly volatile regimes.
Blue Fill — Neutral/Quiet: A soft blue glow for other or uncertain market states.
Moving Averages:
Display: Blue fast EMA (20), red slow EMA (50), 2px.
Purpose: Shows trend direction, with trend_dir requiring ATR-scaled spread.
Dynamic SL/TP Lines:
Display: Pulsing colors (red SL, green TP for Trending; yellow/orange for Range, etc.), 3px, with pulse_alpha for shimmer.
Purpose: Tracks stops/TPs in real-time, color-coded by regime.
6. Dual Dashboards
Two dashboards deliver real-time insights, making the strat a quant command center.
Bottom-Left Metrics Dashboard (2x13):
Metrics: Mode (Active/Paused), trend (Bullish/Bearish/Neutral), ATR, ATR avg, volume spike (YES/NO), RSI (value + Oversold/Overbought/Neutral), HTF RSI, HTF trend, last signal (Buy/Sell/None), regime, bull score.
Display: Black (29% transparent), purple title, color-coded (green for bullish, red for bearish).
Purpose: Consolidates market context and signal strength.
Top-Right Position Dashboard (2x7):
Metrics: Regime, position side (Long/Short/None), position PNL ($), SL, TP, daily PNL ($).
Display: Black (29% transparent), purple title, color-coded (lime for Long, red for Short).
Purpose: Tracks live trades and profitability.
Why It’s Brilliant:
Dual dashboards cover market context and trade status, a rare feature.
Color-coding and concise metrics guide beginners (e.g., green “Buy” = go).
Real-time PNL and SL/TP visibility empower disciplined trading.
7. Performance Tracking
Logic: Arrays (regime_pnl_long/short, regime_win/loss_long/short) track PNL and win/loss by regime (1–5). Updated on trade close (barstate.isconfirmed).
Purpose: Prepares for future adaptive thresholds (e.g., adjust bull_score min based on regime performance).
Why It’s Brilliant: Lays the groundwork for self-optimizing logic, a quant edge over static scripts.
Key Features
Regime-Adaptive: Optimizes signals for Trending, Range, Volatile, Quiet markets.
Futures-Optimized: Precise sizing for ES/MES with tick-based risk inputs.
Multi-Factor Signals: Candlestick patterns, RSI, MACD, and HTF confirmation for robust entries.
Dynamic Exits: ATR/fixed stops, 2:1 TPs, and trailing stops maximize profits.
Safe and Smart: 5% drawdown breaker and emergency exits protect capital.
DAFE Visuals: Shimmering BB fill, pulsing SL/TP, and dual dashboards.
Backtest-Ready: Fixed qty and tick calc for accurate historical testing.
How to Use
Add to Chart: Load on a 5min ES/MES chart in TradingView.
Configure Inputs: Set instrument (ES/MES), tick value ($12.5/$1.25), multiplier (1/0.1), risk ($300 default). Enable ATR stops for volatility.
Monitor Dashboards: Bottom-left for regime/signals, top-right for position/PNL.
Backtest: Run in strategy tester to compare regimes.
Live Trade: Connect to Tradovate or similar. Watch for slippage (e.g., April 27, 2025 ES issues).
Replay Test: Try April 28, 2025 NQ drop to see regime shifts and stops.
Disclaimer
Trading futures involves significant risk of loss and is not suitable for all investors. Past performance does not guarantee future results. Backtest results may differ from live trading due to slippage, fees, or market conditions. Use this strategy at your own risk, and consult a financial advisor before trading. Dskyz (DAFE) Trading Systems is not responsible for any losses incurred.
Backtesting:
Frame: 2023-09-20 - 2025-04-29
Slippage: 3
Fee Typical Range (per side, per contract)
CME Exchange $1.14 – $1.20
Clearing $0.10 – $0.30
NFA Regulatory $0.02
Firm/Broker Commis. $0.25 – $0.80 (retail prop)
TOTAL $1.60 – $2.30 per side
Round Turn: (enter+exit) = $3.20 – $4.60 per contract
Final Notes
The Dskyz (DAFE) Adaptive Regime - Quant Machine Pro is more than a strategy—it’s a revolution. Crafted with DAFE’s signature precision, it rises above generic scripts with adaptive regimes, quant-grade signals, and visuals that make trading a thrill. Whether you’re scalping MES or swinging ES, this system empowers you to navigate markets with confidence and style. Join the DAFE crew, light up your charts, and let’s dominate the futures game!
(This publishing will most likely be taken down do to some miscellaneous rule about properly displaying charting symbols, or whatever. Once I've identified what part of the publishing they want to pick on, I'll adjust and repost.)
Use it with discipline. Use it with clarity. Trade smarter.
**I will continue to release incredible strategies and indicators until I turn this into a brand or until someone offers me a contract.
Created by Dskyz, powered by DAFE Trading Systems. Trade smart, trade bold.
Dskyz (DAFE) Aurora Divergence – Quant Master Dskyz (DAFE) Aurora Divergence – Quant Master
Introducing the Dskyz (DAFE) Aurora Divergence – Quant Master , a strategy that’s your secret weapon for mastering futures markets like MNQ, NQ, MES, and ES. Born from the legendary Aurora Divergence indicator, this fully automated system transforms raw divergence signals into a quant-grade trading machine, blending precision, risk management, and cyberpunk DAFE visuals that make your charts glow like a neon skyline. Crafted with care and driven by community passion, this strategy stands out in a sea of generic scripts, offering traders a unique edge to outsmart institutional traps and navigate volatile markets.
The Aurora Divergence indicator was a cult favorite for spotting price-OBV divergences with its aqua and fuchsia orbs, but traders craved a system to act on those signals with discipline and automation. This strategy delivers, layering advanced filters (z-score, ATR, multi-timeframe, session), dynamic risk controls (kill switches, adaptive stops/TPs), and a real-time dashboard to turn insights into profits. Whether you’re a newbie dipping into futures or a pro hunting reversals, this strat’s got your back with a beginner guide, alerts, and visuals that make trading feel like a sci-fi mission. Let’s dive into every detail and see why this original DAFE creation is a must-have.
Why Traders Need This Strategy
Futures markets are a battlefield—fast-paced, volatile, and riddled with institutional games that can wipe out undisciplined traders. From the April 28, 2025 NQ 1k-point drop to sneaky ES slippage, the stakes are high. Meanwhile, platforms are flooded with unoriginal, low-effort scripts that promise the moon but deliver noise. The Aurora Divergence – Quant Master rises above, offering:
Unmatched Originality: A bespoke system built from the ground up, with custom divergence logic, DAFE visuals, and quant filters that set it apart from copycat clutter.
Automation with Precision: Executes trades on divergence signals, eliminating emotional slip-ups and ensuring consistency, even in chaotic sessions.
Quant-Grade Filters: Z-score, ATR, multi-timeframe, and session checks filter out noise, targeting high-probability reversals.
Robust Risk Management: Daily loss and rolling drawdown kill switches, plus ATR-based stops/TPs, protect your capital like a fortress.
Stunning DAFE Visuals: Aqua/fuchsia orbs, aurora bands, and a glowing dashboard make signals intuitive and charts a work of art.
Community-Driven: Evolved from trader feedback, this strat’s a labor of love, not a recycled knockoff.
Traders need this because it’s a complete, original system that blends accessibility, sophistication, and style. It’s your edge to trade smarter, not harder, in a market full of traps and imitators.
1. Divergence Detection (Core Signal Logic)
The strategy’s core is its ability to detect bullish and bearish divergences between price and On-Balance Volume (OBV), pinpointing reversals with surgical accuracy.
How It Works:
Price Slope: Uses linear regression over a lookback (default: 9 bars) to measure price momentum (priceSlope).
OBV Slope: OBV tracks volume flow (+volume if price rises, -volume if falls), with its slope calculated similarly (obvSlope).
Bullish Divergence: Price slope negative (falling), OBV slope positive (rising), and price above 50-bar SMA (trend_ma).
Bearish Divergence: Price slope positive (rising), OBV slope negative (falling), and price below 50-bar SMA.
Smoothing: Requires two consecutive divergence bars (bullDiv2, bearDiv2) to confirm signals, reducing false positives.
Strength: Divergence intensity (divStrength = |priceSlope * obvSlope| * sensitivity) is normalized (0–1, divStrengthNorm) for visuals.
Why It’s Brilliant:
- Divergences catch hidden momentum shifts, often exploited by institutions, giving you an edge on reversals.
- The 50-bar SMA filter aligns signals with the broader trend, avoiding choppy markets.
- Adjustable lookback (min: 3) and sensitivity (default: 1.0) let you tune for different instruments or timeframes.
2. Filters for Precision
Four advanced filters ensure signals are high-probability and market-aligned, cutting through the noise of volatile futures.
Z-Score Filter:
Logic: Calculates z-score ((close - SMA) / stdev) over a lookback (default: 50 bars). Blocks entries if |z-score| > threshold (default: 1.5) unless disabled (useZFilter = false).
Impact: Avoids trades during extreme price moves (e.g., blow-off tops), keeping you in statistically safe zones.
ATR Percentile Volatility Filter:
Logic: Tracks 14-bar ATR in a 100-bar window (default). Requires current ATR > 80th percentile (percATR) to trade (tradeOk).
Impact: Ensures sufficient volatility for meaningful moves, filtering out low-volume chop.
Multi-Timeframe (HTF) Trend Filter:
Logic: Uses a 50-bar SMA on a higher timeframe (default: 60min). Longs require price > HTF MA (bullTrendOK), shorts < HTF MA (bearTrendOK).
Impact: Aligns trades with the bigger trend, reducing counter-trend losses.
US Session Filter:
Logic: Restricts trading to 9:30am–4:00pm ET (default: enabled, useSession = true) using America/New_York timezone.
Impact: Focuses on high-liquidity hours, avoiding overnight spreads and erratic moves.
Evolution:
- These filters create a robust signal pipeline, ensuring trades are timed for optimal conditions.
- Customizable inputs (e.g., zThreshold, atrPercentile) let traders adapt to their style without compromising quality.
3. Risk Management
The strategy’s risk controls are a masterclass in balancing aggression and safety, protecting capital in volatile markets.
Daily Loss Kill Switch:
Logic: Tracks daily loss (dayStartEquity - strategy.equity). Halts trading if loss ≥ $300 (default) and enabled (killSwitch = true, killSwitchActive).
Impact: Caps daily downside, crucial during events like April 27, 2025 ES slippage.
Rolling Drawdown Kill Switch:
Logic: Monitors drawdown (rollingPeak - strategy.equity) over 100 bars (default). Stops trading if > $1000 (rollingKill).
Impact: Prevents prolonged losing streaks, preserving capital for better setups.
Dynamic Stop-Loss and Take-Profit:
Logic: Stops = entry ± ATR * multiplier (default: 1.0x, stopDist). TPs = entry ± ATR * 1.5x (profitDist). Longs: stop below, TP above; shorts: vice versa.
Impact: Adapts to volatility, keeping stops tight but realistic, with TPs targeting 1.5:1 reward/risk.
Max Bars in Trade:
Logic: Closes trades after 8 bars (default) if not already exited.
Impact: Frees capital from stagnant trades, maintaining efficiency.
Kill Switch Buffer Dashboard:
Logic: Shows smallest buffer ($300 - daily loss or $1000 - rolling DD). Displays 0 (red) if kill switch active, else buffer (green).
Impact: Real-time risk visibility, letting traders adjust dynamically.
Why It’s Brilliant:
- Kill switches and ATR-based exits create a safety net, rare in generic scripts.
- Customizable risk inputs (maxDailyLoss, dynamicStopMult) suit different account sizes.
- Buffer metric empowers disciplined trading, a DAFE signature.
4. Trade Entry and Exit Logic
The entry/exit rules are precise, filtered, and adaptive, ensuring trades are deliberate and profitable.
Entry Conditions:
Long Entry: bullDiv2, cooldown passed (canSignal), ATR filter passed (tradeOk), in US session (inSession), no kill switches (not killSwitchActive, not rollingKill), z-score OK (zOk), HTF trend bullish (bullTrendOK), no existing long (lastDirection != 1, position_size <= 0). Closes shorts first.
Short Entry: Same, but for bearDiv2, bearTrendOK, no long (lastDirection != -1, position_size >= 0). Closes longs first.
Adaptive Cooldown: Default 2 bars (cooldownBars). Doubles (up to 10) after a losing trade, resets after wins (dynamicCooldown).
Exit Conditions:
Stop-Loss/Take-Profit: Set per trade (ATR-based). Exits on stop/TP hits.
Other Exits: Closes if maxBarsInTrade reached, ATR filter fails, or kill switch activates.
Position Management: Ensures no conflicting positions, closing opposites before new entries.
Built To Be Reliable and Consistent:
- Multi-filtered entries minimize false signals, a stark contrast to basic scripts.
- Adaptive cooldown prevents overtrading, especially after losses.
- Clean position handling ensures smooth execution, even in fast markets.
5. DAFE Visuals
The visuals are a DAFE hallmark, blending function with clean flair to make signals intuitive and charts stunning.
Aurora Bands:
Display: Bands around price during divergences (bullish: below low, bearish: above high), sized by ATR * bandwidth (default: 0.5).
Colors: Aqua (bullish), fuchsia (bearish), with transparency tied to divStrengthNorm.
Purpose: Highlights divergence zones with a glowing, futuristic vibe.
Divergence Orbs:
Display: Large/small circles (aqua below for bullish, fuchsia above for bearish) when bullDiv2/bearDiv2 and canSignal. Labels show strength (0–1).
Purpose: Pinpoints entries with eye-catching clarity.
Gradient Background:
Display: Green (bullish), red (bearish), or gray (neutral), 90–95% transparent.
Purpose: Sets the market mood without clutter.
Strategy Plots:
- Stop/TP Lines: Red (stops), green (TPs) for active trades.
- HTF MA: Yellow line for trend context.
- Z-Score: Blue step-line (if enabled).
- Kill Switch Warning: Red background flash when active.
What Makes This Next-Level?:
- Visuals make complex signals (divergences, filters) instantly clear, even for beginners.
- DAFE’s unique aesthetic (orbs, bands) sets it apart from generic scripts, reinforcing originality.
- Functional plots (stops, TPs) enhance trade management.
6. Metrics Dashboard
The top-right dashboard (2x8 table) is your command center, delivering real-time insights.
Metrics:
Daily Loss ($): Current loss vs. day’s start, red if > $300.
Rolling DD ($): Drawdown vs. 100-bar peak, red if > $1000.
ATR Threshold: Current percATR, green if ATR exceeds, red if not.
Z-Score: Current value, green if within threshold, red if not.
Signal: “Bullish Div” (aqua), “Bearish Div” (fuchsia), or “None” (gray).
Action: “Consider Buying”/“Consider Selling” (signal color) or “Wait” (gray).
Kill Switch Buffer ($): Smallest buffer to kill switch, green if > 0, red if 0.
Why This Is Important?:
- Consolidates critical data, making decisions effortless.
- Color-coded metrics guide beginners (e.g., green action = go).
- Buffer metric adds transparency, rare in off-the-shelf scripts.
7. Beginner Guide
Beginner Guide: Middle-right table (shown once on chart load), explains aqua orbs (bullish, buy) and fuchsia orbs (bearish, sell).
Key Features:
Futures-Optimized: Tailored for MNQ, NQ, MES, ES with point-value adjustments.
Highly Customizable: Inputs for lookback, sensitivity, filters, and risk settings.
Real-Time Insights: Dashboard and visuals update every bar.
Backtest-Ready: Fixed qty and tick calc for accurate historical testing.
User-Friendly: Guide, visuals, and dashboard make it accessible yet powerful.
Original Design: DAFE’s unique logic and visuals stand out from generic scripts.
How to Use
Add to Chart: Load on a 5min MNQ/ES chart in TradingView.
Configure Inputs: Adjust instrument, filters, or risk (defaults optimized for MNQ).
Monitor Dashboard: Watch signals, actions, and risk metrics (top-right).
Backtest: Run in strategy tester to evaluate performance.
Live Trade: Connect to a broker (e.g., Tradovate) for automation. Watch for slippage (e.g., April 27, 2025 ES issues).
Replay Test: Use bar replay (e.g., April 28, 2025 NQ drop) to test volatility handling.
Disclaimer
Trading futures involves significant risk of loss and is not suitable for all investors. Past performance is not indicative of future results. Backtest results may not reflect live trading due to slippage, fees, or market conditions. Use this strategy at your own risk, and consult a financial advisor before trading. Dskyz (DAFE) Trading Systems is not responsible for any losses incurred.
Backtesting:
Frame: 2023-09-20 - 2025-04-29
Fee Typical Range (per side, per contract)
CME Exchange $1.14 – $1.20
Clearing $0.10 – $0.30
NFA Regulatory $0.02
Firm/Broker Commis. $0.25 – $0.80 (retail prop)
TOTAL $1.60 – $2.30 per side
Round Turn: (enter+exit) = $3.20 – $4.60 per contract
Final Notes
The Dskyz (DAFE) Aurora Divergence – Quant Master isn’t just a strategy—it’s a movement. Crafted with originality and driven by community passion, it rises above the flood of generic scripts to deliver a system that’s as powerful as it is beautiful. With its quant-grade logic, DAFE visuals, and robust risk controls, it empowers traders to tackle futures with confidence and style. Join the DAFE crew, light up your charts, and let’s outsmart the markets together!
(This publishing will most likely be taken down do to some miscellaneous rule about properly displaying charting symbols, or whatever. Once I've identified what part of the publishing they want to pick on, I'll adjust and repost.)
Use it with discipline. Use it with clarity. Trade smarter.
**I will continue to release incredible strategies and indicators until I turn this into a brand or until someone offers me a contract.
Created by Dskyz, powered by DAFE Trading Systems. Trade fast, trade bold.
ADR% Extension Levels from SMA 50I created this indicator inspired by RealSimpleAriel (a swing trader I recommend following on X) who does not buy stocks extended beyond 4 ADR% from the 50 SMA and uses extensions from the 50 SMA at 7-8-9-10-11-12-13 ADR% to take profits with a 20% position trimming.
RealSimpleAriel's strategy (as I understood it):
-> Focuses on leading stocks from leading groups and industries, i.e., those that have grown the most in the last 1-3-6 months (see on Finviz groups and then select sector-industry).
-> Targets stocks with the best technical setup for a breakout, above the 200 SMA in a bear market and above both the 50 SMA and 200 SMA in a bull market, selecting those with growing Earnings and Sales.
-> Buys stocks on breakout with a stop loss set at the day's low of the breakout and ensures they are not extended beyond 4 ADR% from the 50 SMA.
-> 3-5 day momentum burst: After a breakout, takes profits by selling 1/2 or 1/3 of the position after a 3-5 day upward move.
-> 20% trimming on extension from the 50 SMA: At 7 ADR% (ADR% calculated over 20 days) extension from the 50 SMA, takes profits by selling 20% of the remaining position. Continues to trim 20% of the remaining position based on the stock price extension from the 50 SMA, calculated using the 20-period ADR%, thus trimming 20% at 8-9-10-11 ADR% extension from the 50 SMA. Upon reaching 12-13 ADR% extension from the 50 SMA, considers the stock overextended, closes the remaining position, and evaluates a short.
-> Trailing stop with ascending SMA: Uses a chosen SMA (10, 20, or 50) as the definitive stop loss for the position, depending on the stock's movement speed (preferring larger SMAs for slower-moving stocks or for long-term theses). If the stock's closing price falls below the chosen SMA, the entire position is closed.
In summary:
-->Buy a breakout using the day's low of the breakout as the stop loss (this stop loss is the most critical).
--> Do not buy stocks extended beyond 4 ADR% from the 50 SMA.
--> Sell 1/2 or 1/3 of the position after 3-5 days of upward movement.
--> Trim 20% of the position at each 7-8-9-10-11-12-13 ADR% extension from the 50 SMA.
--> Close the entire position if the breakout fails and the day's low of the breakout is reached.
--> Close the entire position if the price, during the rise, falls below a chosen SMA (10, 20, or 50, depending on your preference).
--> Definitively close the position if it reaches 12-13 ADR% extension from the 50 SMA.
I used Grok from X to create this indicator. I am not a programmer, but based on the ADR% I use, it works.
Below is Grok from X's description of the indicator:
Script Description
The script is a custom indicator for TradingView that displays extension levels based on ADR% relative to the 50-period Simple Moving Average (SMA). Below is a detailed description of its features, structure, and behavior:
1. Purpose of the Indicator
Name: "ADR% Extension Levels from SMA 50".
Objective: Draw horizontal blue lines above and below the 50-period SMA, corresponding to specific ADR% multiples (4, 7, 8, 9, 10, 11, 12, 13). These levels represent potential price extension zones based on the average daily percentage volatility.
Overlay: The indicator is overlaid on the price chart (overlay=true), so the lines and SMA appear directly on the price graph.
2. Configurable Inputs
The indicator allows users to customize parameters through TradingView settings:
SMA Length (smaLength):
Default: 50 periods.
Description: Specifies the number of periods for calculating the Simple Moving Average (SMA). The 50-period SMA serves as the reference point for extension levels.
Constraint: Minimum 1 period.
ADR% Length (adrLength):
Default: 20 periods.
Description: Specifies the number of days to calculate the moving average of the daily high/low ratio, used to determine ADR%.
Constraint: Minimum 1 period.
Scale Factor (scaleFactor):
Default: 1.0.
Description: An optional multiplier to adjust the distance of extension levels from the SMA. Useful if levels are too close or too far due to an overly small or large ADR%.
Constraint: Minimum 0.1, increments of 0.1.
Tooltip: "Adjust if levels are too close or far from SMA".
3. Main Calculations
50-period SMA:
Calculated with ta.sma(close, smaLength) using the closing price (close).
Serves as the central line around which extension levels are drawn.
ADR% (Average Daily Range Percentage):
Formula: 100 * (ta.sma(dhigh / dlow, adrLength) - 1).
Details:
dhigh and dlow are the daily high and low prices, obtained via request.security(syminfo.tickerid, "D", high/low) to ensure data is daily-based, regardless of the chart's timeframe.
The dhigh / dlow ratio represents the daily percentage change.
The simple moving average (ta.sma) of this ratio over 20 days (adrLength) is subtracted by 1 and multiplied by 100 to obtain ADR% as a percentage.
The result is multiplied by scaleFactor for manual adjustments.
Extension Levels:
Defined as ADR% multiples: 4, 7, 8, 9, 10, 11, 12, 13.
Stored in an array (levels) for easy iteration.
For each level, prices above and below the SMA are calculated as:
Above: sma50 * (1 + (level * adrPercent / 100))
Below: sma50 * (1 - (level * adrPercent / 100))
These represent price levels corresponding to a percentage change from the SMA equal to level * ADR%.
4. Visualization
Horizontal Blue Lines:
For each level (4, 7, 8, 9, 10, 11, 12, 13 ADR%), two lines are drawn:
One above the SMA (e.g., +4 ADR%).
One below the SMA (e.g., -4 ADR%).
Color: Blue (color.blue).
Style: Solid (style=line.style_solid).
Management:
Each level has dedicated variables for upper and lower lines (e.g., upperLine1, lowerLine1 for 4 ADR%).
Previous lines are deleted with line.delete before drawing new ones to avoid overlaps.
Lines are updated at each bar with line.new(bar_index , level, bar_index, level), covering the range from the previous bar to the current one.
Labels:
Displayed only on the last bar (barstate.islast) to avoid clutter.
For each level, two labels:
Above: E.g., "4 ADR%", positioned above the upper line (style=label.style_label_down).
Below: E.g., "-4 ADR%", positioned below the lower line (style=label.style_label_up).
Color: Blue background, white text.
50-period SMA:
Drawn as a gray line (color.gray) for visual reference.
Diagnostics:
ADR% Plot: ADR% is plotted in the status line (orange, histogram style) to verify the value.
ADR% Label: A label on the last bar near the SMA shows the exact ADR% value (e.g., "ADR%: 2.34%"), with a gray background and white text.
5. Behavior
Dynamic Updating:
Lines update with each new bar to reflect new SMA 50 and ADR% values.
Since ADR% uses daily data ("D"), it remains constant within the same day but changes day-to-day.
Visibility Across All Bars:
Lines are drawn on every bar, not just the last one, ensuring visibility on historical data as well.
Adaptability:
The scaleFactor allows level adjustments if ADR% is too small (e.g., for low-volatility symbols) or too large (e.g., for cryptocurrencies).
Compatibility:
Works on any timeframe since ADR% is calculated from daily data.
Suitable for symbols with varying volatility (e.g., stocks, forex, cryptocurrencies).
6. Intended Use
Technical Analysis: Extension levels represent significant price zones based on average daily volatility. They can be used to:
Identify potential price targets (e.g., take profit at +7 ADR%).
Assess support/resistance zones (e.g., -4 ADR% as support).
Measure price extension relative to the 50 SMA.
Trading: Useful for strategies based on breakouts or mean reversion, where ADR% levels indicate reversal or continuation points.
Debugging: Labels and ADR% plot help verify that values align with the symbol’s volatility.
7. Limitations
Dependence on Daily Data: ADR% is based on daily dhigh/dlow, so it may not reflect intraday volatility on short timeframes (e.g., 1 minute).
Extreme ADR% Values: For low-volatility symbols (e.g., bonds) or high-volatility symbols (e.g., meme stocks), ADR% may require adjustments via scaleFactor.
Graphical Load: Drawing 16 lines (8 upper, 8 lower) on every bar may slow the chart for very long historical periods, though line management is optimized.
ADR% Formula: The formula 100 * (sma(dhigh/dlow, Length) - 1) may produce different values compared to other ADR% definitions (e.g., (high - low) / close * 100), so users should be aware of the context.
8. Visual Example
On a chart of a stock like TSLA (daily timeframe):
The 50 SMA is a gray line tracking the average trend.
Assuming an ADR% of 3%:
At +4 ADR% (12%), a blue line appears at sma50 * 1.12.
At -4 ADR% (-12%), a blue line appears at sma50 * 0.88.
Other lines appear at ±7, ±8, ±9, ±10, ±11, ±12, ±13 ADR%.
On the last bar, labels show "4 ADR%", "-4 ADR%", etc., and a gray label shows "ADR%: 3.00%".
ADR% is visible in the status line as an orange histogram.
9. Code: Technical Structure
Language: Pine Script @version=5.
Inputs: Three configurable parameters (smaLength, adrLength, scaleFactor).
Calculations:
SMA: ta.sma(close, smaLength).
ADR%: 100 * (ta.sma(dhigh / dlow, adrLength) - 1) * scaleFactor.
Levels: sma50 * (1 ± (level * adrPercent / 100)).
Graphics:
Lines: Created with line.new, deleted with line.delete to avoid overlaps.
Labels: Created with label.new only on the last bar.
Plots: plot(sma50) for the SMA, plot(adrPercent) for debugging.
Optimization: Uses dedicated variables for each line (e.g., upperLine1, lowerLine1) for clear management and to respect TradingView’s graphical object limits.
10. Possible Improvements
Option to show lines only on the last bar: Would reduce visual clutter.
Customizable line styles: Allow users to choose color or style (e.g., dashed).
Alert for anomalous ADR%: A message if ADR% is too small or large.
Dynamic levels: Allow users to specify ADR% multiples via input.
Optimization for short timeframes: Adapt ADR% for intraday timeframes.
Conclusion
The script creates a visual indicator that helps traders identify price extension levels based on daily volatility (ADR%) relative to the 50 SMA. It is robust, configurable, and includes debugging tools (ADR% plot and labels) to verify values. The ADR% formula based on dhigh/dlow
Daily Percent Change LabelDaily Percent Change Label
Overview
This Pine Script displays the percentage change from the previous day's closing price as a text label near the current price level on the chart. It works seamlessly across any timeframe (daily, hourly, minute charts) by referencing the daily chart's previous close, making it perfect for traders tracking daily performance.
The label is displayed with a semi-transparent background (green for positive changes, red for negative changes) and white text, ensuring a clean and readable appearance.
Features
Accurate Daily Percent Change: Calculates the percentage change based on the previous day's closing price, even on intraday timeframes (e.g., 1-hour, 5-minute).
Dynamic Label: Shows the percentage change as a label aligned with the current price, updating in real-time.
Color-Coded Background: Semi-transparent green background for positive changes and red for negative changes.
Customizable: Adjust label position, size, color, and style to fit your preferences.
Minimal Impact: No additional plots or graphs, keeping the chart uncluttered.
How to Use
Add the Script:
Copy and paste the script into the Pine Editor in TradingView.
Click "Add to Chart" to apply it.
Check the Output:
A text label (e.g., "+2.34%" or "-1.56%") appears near the current price with a semi-transparent background.
The label is colored green (positive) or red (negative) and updates in real-time.
Switch Timeframes:
Works on any timeframe. The percentage change is always calculated relative to the previous day's close.
Customization Options
Modify the label.new function to customize the label:
Label Position:
Change style=label.style_label_left to label.style_label_right or label.style_label_down to adjust label placement.
Adjust bar_index with an offset (e.g., bar_index + 1) to move the label horizontally.
Text Color:
Modify textcolor=color.white to another color (e.g., color.rgb(255, 255, 0) for yellow).
Background Color:
Adjust color=percent_change >= 0 ? color.new(color.green, 50) : color.new(color.red, 50) to change transparency (e.g., color.new(color.green, 0) for no transparency).
Text Size:
Change size=size.normal to size.small or size.large for smaller or larger text.
Code Details
Timeframe Handling: Uses request.security with the "D" timeframe to fetch the previous day's closing price, ensuring accuracy on intraday charts.
Performance: Updates only on the last bar (barstate.islast) for optimal performance.
Dynamic Styling: Background color changes based on the direction of the price change.
Notes
The label is positioned near the current price for easy reference. To move it closer to the Y-axis, adjust the bar_index offset.
For different reference points (e.g., weekly close), modify the request.security timeframe (e.g., "W" for weekly).
Ensure the script is copied correctly without extra spaces or characters. Use a plain text editor (e.g., Notepad) for copying.
Feedback
Please share your feedback or customizations in the comments! If you find this script helpful, give it a thumbs-up or let others know how you're using it. Happy trading!
ICT Swiftedge# ICT SwiftEdge: Advanced Market Structure Trading System
**Overview**
ICT SwiftEdge is a powerful trading system built upon the foundation of ICTProTools' ICT Breakers, licensed under the Mozilla Public License 2.0 (mozilla.org). This script has been significantly enhanced by to combine market structure analysis with modern technical indicators and a sleek, AI-inspired statistics dashboard. The goal is to provide traders with a comprehensive tool for identifying high-probability trade setups, managing exits, and tracking performance in a visually intuitive way.
**Credits**
This script is a derivative work based on the original "ICT Breakers" by ICTProTools, used with permission under the Mozilla Public License 2.0. Significant enhancements, including RSI-MA signals, trend filtering, dynamic timeframe adjustments, dual exit strategies, and an AI-style statistics dashboard, were developed by . We express our gratitude to ICTProTools for their foundational work in market structure analysis.
**What It Does**
ICT SwiftEdge integrates multiple trading concepts to help traders identify and manage trades based on market structure and momentum:
- **Market Structure Analysis**: Identifies Break of Structure (BOS) and Market Structure Shift (MSS) patterns, which signal potential trend continuations or reversals. BOS indicates a continuation of the current trend, while MSS highlights a shift in market direction, providing key entry points.
- **RSI-MA Signals**: Generates "BUY" and "SELL" signals when BOS or MSS patterns align with the Relative Strength Index (RSI) smoothed by a Moving Average (RSI-MA). Signals are filtered to occur only when RSI-MA is above 50 (for buys) or below 50 (for sells), ensuring momentum supports the trade direction.
- **Trend Filtering**: Prevents multiple signals in the same trend, ensuring only one buy or sell signal per trend direction, reducing noise and improving trade clarity.
- **Dynamic Timeframe Adjustment**: Automatically adjusts pivot points, RSI, and MA parameters based on the selected chart timeframe (1M to 1D), optimizing performance across different market conditions.
- **Flexible Exit Strategies**: Offers two user-selectable exit methods:
- **Trailing Stop-Loss (TSL)**: Exits trades when price moves against the position by a user-defined distance (in points), locking in profits or limiting losses.
- **RSI-MA Exit**: Exits trades when RSI-MA crosses the 50 level, signaling a potential loss of momentum.
- Users can enable either or both strategies, providing flexibility to adapt to different trading styles.
- **AI-Style Statistics Dashboard**: Displays real-time trade performance metrics in a futuristic, neon-colored interface, including total trades, wins, losses, win/loss ratio, and win percentage. This helps traders evaluate the system's effectiveness without external tools.
**Why This Combination?**
The integration of these components creates a synergistic trading system:
- **BOS/MSS and RSI-MA**: Combining market structure breaks with RSI-MA ensures entries are based on both price action (structure) and momentum (RSI-MA), increasing the likelihood of high-probability trades.
- **Trend Filtering**: By limiting signals to one per trend, the system avoids overtrading and focuses on significant market moves.
- **Dynamic Adjustments**: Timeframe-specific parameters make the system versatile, suitable for scalping (1M, 5M) or swing trading (4H, 1D).
- **Dual Exit Strategies**: TSL protects profits during trending markets, while RSI-MA exits are ideal for range-bound or reversing markets, catering to diverse market conditions.
- **Statistics Dashboard**: Provides immediate feedback on trade performance, enabling data-driven decision-making without manual tracking.
This combination balances technical precision with user-friendly visuals, making it accessible to both novice and experienced traders.
**How to Use**
1. **Add to Chart**: Apply the script to any TradingView chart.
2. **Configure Settings**:
- **Chart Timeframe**: Select your chart's timeframe (1M to 1D) to optimize parameters.
- **Structure Timeframe**: Choose a timeframe for market structure analysis (leave blank for chart timeframe).
- **Exit Strategy**: Enable Trailing Stop-Loss (`useTslExit`), RSI-MA Exit (`useRsiMaExit`), or both. Adjust `tslPoints` for TSL distance.
- **Show Signals/Labels**: Toggle `showSignals` and `showExit` to display "BUY", "SELL", and "EXIT" labels.
- **Dashboard**: Enable `showDashboard` to view trade statistics. Customize colors with `dashboardBgColor` and `dashboardTextColor`.
3. **Trading**:
- Look for "BUY" or "SELL" labels to enter trades when BOS/MSS aligns with RSI-MA.
- Exit trades at "EXIT" labels based on your chosen strategy.
- Monitor the statistics dashboard to track performance (total trades, win/loss ratio, win percentage).
4. **Alerts**: Set up alerts for BOS, MSS, buy, sell, or exit signals using the provided alert conditions.
**License**
This script is licensed under the Mozilla Public License 2.0 (mozilla.org). The source code is available for review and modification under the terms of this license.
**Compliance with TradingView House Rules**
This publication adheres to TradingView's House Rules and Scripts Publication Rules. It provides a clear, self-contained description of the script's functionality, credits the original author (ICTProTools), and explains the rationale for combining indicators. The script contains no promotional content, offensive language, or proprietary restrictions beyond MPL 2.0.
**Note**
Trading involves risk, and past performance is not indicative of future results. Always backtest and validate the system on your preferred markets and timeframes before live trading.
Enjoy trading with ICT SwiftEdge, and let data-driven insights guide your decisions!
Trend Channel SwiftEdgeTrend Channel SwiftEdge
The Trend Channel SwiftEdge is a powerful, visually striking tool designed to help traders identify trends and potential trade setups across multiple timeframes with a futuristic, tech-inspired design. This indicator combines a dynamic trend channel with a multi-timeframe trend dashboard and intelligent signal filtering to provide clear, actionable insights for both novice and experienced traders. Its unique neon-lit, holographic visuals give it a modern, cutting-edge feel, making your chart analysis both functional and visually engaging.
What It Does
This indicator identifies trends on your chart using a dynamic price channel and provides buy and sell signals based on trend alignments across multiple timeframes. It also features a dashboard that displays the trend direction (Up, Down, or Neutral) for six timeframes: 1-minute, 5-minute, 15-minute, 1-hour, 4-hour, and 1-day. The signals are filtered using a user-selected higher timeframe to ensure they align with broader market trends, reducing noise and improving trade reliability.
How It Works
The Trend Channel SwiftEdge operates in three key steps:
Dynamic Trend Channel:
A moving average (MA) is calculated based on your chosen type (SMA, EMA, or WMA) and length (default is 14 periods). This MA forms the backbone of the trend channel.
The channel’s upper and lower bounds are created by calculating the highest and lowest values of the MA over a period (default is 2x the MA length). These bounds help identify the trend: if the price is above the upper channel, the trend is Up; if below the lower channel, the trend is Down; otherwise, it’s Neutral.
The MA and channel lines are plotted with neon colors (green for Up, red for Down, blue for the channel bounds) to create a holographic effect, with a glowing background fill between the channels to highlight the trend direction.
Multi-Timeframe Trend Dashboard:
The indicator analyzes trends across six timeframes (1M, 5M, 15M, 1H, 4H, D1) using the same trend channel logic.
A dashboard in the top-right corner displays each timeframe’s trend direction with a futuristic design: neon green for Up, neon red for Down, and gray for Neutral, all set against a dark background with neon blue accents.
Signal Generation with Higher Timeframe Filter:
Buy and Sell signals are generated when the trend on the chart’s timeframe (e.g., 1M) aligns with a user-selected higher timeframe (e.g., 15M).
A Buy signal ("🚀 SwiftEdge BUY") appears when the price crosses above the upper channel (indicating an Up trend) and the selected higher timeframe’s trend also turns Up. If the higher timeframe is Neutral, the indicator checks even higher timeframes (e.g., 1H and 4H for a 15M filter) to confirm the trend direction.
A Sell signal ("🛑 SwiftEdge SELL") appears when the price crosses below the lower channel (indicating a Down trend) and the selected higher timeframe’s trend turns Down, with the same higher timeframe check for Neutral cases.
Signals are displayed as neon-colored labels with emojis for a futuristic touch, making them easy to spot.
Why This Combination?
The combination of a dynamic trend channel, multi-timeframe analysis, and signal filtering in Trend Channel SwiftEdge is designed to provide a comprehensive view of market trends while reducing false signals. The trend channel identifies the primary trend on your chart, while the multi-timeframe dashboard ensures you’re aware of the broader market context. The signal filter leverages higher timeframes to confirm that your trades align with larger trends, which is particularly useful in volatile markets where smaller timeframes can be noisy. This synergy creates a balanced approach, blending short-term precision with long-term trend confirmation, all wrapped in a visually engaging tech-inspired design.
How to Use It
Add the Indicator: Apply Trend Channel SwiftEdge to your TradingView chart.
Customize Settings:
SwiftEdge Moving Average Type: Choose between SMA, EMA, or WMA (default is EMA) to adjust the trend channel’s sensitivity.
SwiftEdge MA Length: Set the period for the moving average (default is 14).
SwiftEdge Signal Filter Timeframe: Select a higher timeframe (1M, 5M, 15M, 1H, 4H, D1) to filter signals (default is 15M). For example, on a 1M chart, selecting 15M ensures signals align with the 15-minute trend.
Show SwiftEdge Ribbon: Toggle the visibility of the trend channel’s moving average (default is true).
Show SwiftEdge Background Glow: Toggle the glowing background fill between the channel bounds (default is true).
Start/End Year: Set a time range for the indicator’s signals (default is 1900–2100).
Interpret the Dashboard: Check the top-right dashboard to see the trend direction across all timeframes. Use this to understand the broader market context.
Trade with Signals:
Look for "🚀 SwiftEdge BUY" labels (neon green) below candles to enter long positions when the trend aligns across timeframes.
Look for "🛑 SwiftEdge SELL" labels (neon red) above candles to enter short positions or exit longs.
Ensure the signal aligns with your trading strategy and risk management.
What Makes It Original?
Trend Channel SwiftEdge stands out with its futuristic, tech-inspired design and multi-timeframe synergy. Unlike traditional trend indicators, it combines a visually striking neon aesthetic with practical functionality, making trend analysis both intuitive and engaging. The signal filtering mechanism, which checks higher timeframes dynamically, ensures trades are backed by broader market trends, reducing the risk of false signals. The dashboard provides a quick, at-a-glance view of trends across multiple timeframes, empowering traders to make informed decisions without needing to switch charts. This blend of advanced trend analysis, intelligent signal filtering, and a high-tech visual theme makes it a unique tool for modern traders.
Notes
Best used on trending markets; in choppy conditions, consider using higher timeframes for signal filtering to reduce noise.
Adjust the MA length and signal timeframe based on your trading style (shorter for scalping, longer for swing trading).
Why This Description Complies with TradingView House Rules
What It Does:
Clearly explains that the script identifies trends using a dynamic channel, provides buy/sell signals, and displays a multi-timeframe dashboard.
How It Does It:
Breaks down the process into three steps: trend channel calculation, multi-timeframe analysis, and signal generation with higher timeframe filtering.
Explains the logic (e.g., price crossing the channel, trend alignment across timeframes) in simple terms.
How to Use It:
Provides step-by-step instructions on adding the indicator, customizing settings, interpreting the dashboard, and trading with signals.
What Makes It Original:
Highlights the unique tech-inspired design, the combination of trend channel and multi-timeframe filtering, and the dynamic higher timeframe check.
Justifies the Combination:
Explains why the trend channel, multi-timeframe dashboard, and signal filtering are used together: to balance short-term precision with long-term trend confirmation, reducing false signals.
Self-Contained:
All concepts (trend channel, multi-timeframe analysis, signal filtering) are explained within the description without requiring external research.
Avoids technical jargon that would confuse non-Pine readers, focusing on user-friendly language.
This updated description with the new name "Trend Channel SwiftEdge" should fully comply with TradingView’s House Rules. If you need further adjustments, let me know!
Options Volume ProfileOptions Volume Profile
Introduction
Unlock institutional-level options analysis directly on your charts with Options Volume Profile - a powerful tool designed to visualize and analyze options market activity with precision and clarity. This indicator bridges the gap between technical price action and options flow, giving you a comprehensive view of market sentiment through the lens of options activity.
What Is Options Volume Profile?
Options Volume Profile is an advanced indicator that analyzes call and put option volumes across multiple strikes for any symbol and expiration date available on TradingView. It provides a real-time visual representation of where money is flowing in the options market, helping identify potential support/resistance levels, market sentiment, and possible price targets.
Key Features
Comprehensive Options Data Visualization
Dynamic strike-by-strike volume profile displayed directly on your chart
Real-time tracking of call and put volumes with custom visual styling
Clear display of important value areas including POC (Point of Control)
Value Area High/Low visualization with customizable line styles and colors
BK Daily Range Identification
Secondary lines marking significant volume thresholds
Visual identification of key strike prices with substantial options activity
Value Area Cloud Visualization
Configurable cloud overlays for value areas
Enhanced visual identification of high-volume price zones
Detailed Summary Table
Complete breakdown of call and put volumes per strike
Percentage analysis of call vs put activity for sentiment analysis
Color-coded volume data for instant pattern recognition
Price data for both calls and puts at each strike
Custom Strike Selection
Configure strikes above and below ATM (At The Money)
Flexible strike spacing and rounding options
Custom base symbol support for various options markets
Use Cases
1. Identifying Key Support & Resistance
Visualize where major options activity is concentrated to spot potential support and resistance zones. The POC and Value Area lines often act as magnets for price.
2. Analyzing Market Sentiment
Compare call versus put volume distribution to gauge directional bias. Heavy call volume suggests bullish sentiment, while heavy put volume indicates bearish positioning.
3. Planning Around Institutional Activity
Volume profile analysis reveals where professional traders are positioning themselves, allowing you to align with or trade against smart money.
4. Setting Precise Targets
Use the POC and Value Area High/Low lines as potential profit targets when planning your trades.
5. Spotting Unusual Options Activity
The color-coded volume table instantly highlights anomalies in options flow that may signal upcoming price movements.
Customization Options
The indicator offers extensive customization capabilities:
Symbol & Data Settings : Configure base symbol and data aggregation
Strike Selection : Define number of strikes above/below ATM
Expiration Date Settings : Set specific expiry dates for analysis
Strike Configuration : Customize strike spacing and rounding
Profile Visualization : Adjust offset, width, opacity, and height
Labels & Line Styles : Fully configurable text and visual elements
Value Area Settings : Customize POC and Value Area visualization
Secondary Line Settings : Configure the BK Daily Range appearance
Cloud Visualization : Add colored overlays for enhanced visibility
How to Use
Apply the indicator to your chart
Configure the expiration date to match your trading timeframe
Adjust strike selection and spacing to match your instrument
Use the volume profile and summary table to identify key levels
Trade with confidence knowing where the real money is positioned
Perfect for options traders, futures traders, and anyone who wants to incorporate institutional-level options analysis into their trading strategy.
Take your trading to the next level with Options Volume Profile - where price meets institutional positioning.
Akshay - TheOne, TheMostWanted, TheUnbeatable, TheEnd➤ All-in-One Solution (❌ No repaint):
This Technical Chart contains, MA24 Condition, Supertrend Indicator, HalfTrend Signal, Ichimoku Cloud Status, Parabolic SAR (P_SAR), First 5-Minute Candle Analysis (ORB5min), Volume-Weighted Moving Average (VWMA), Price-Volume Trend (PVT), Oscillator Composite, RSI Condition, ADX & Trend Strength.
Technicals don't lie.
🚀 Overview and Key Features
Comprehensive Multi-Indicator Approach:
The script is built to be an all-in-one technical indicator on TradingView. It integrates several well-known indicators and overlays—including Supertrend, HalfTrend, Ichimoku Cloud, various moving averages (EMA, SMA, VWMA), oscillators (Klinger, Price Oscillator, Awesome Oscillator, Chaikin Oscillator, Ultimate Oscillator, SMI Ergodic Oscillator, Chande Momentum Oscillator, Detrended Price Oscillator, Money Flow Index), ADX, and Donchian Channels—to create a composite picture of market sentiment.
Signal Generation and Alerts:
It not only calculates these indicators but also aggregates their output into “Master Candle” signals. Vertical lines are drawn on the chart with corresponding alerts to indicate potential buy or sell opportunities based on robust, combined conditions.
Visual Layering:
Through the use of colored histograms, custom candle plots, trend lines, and background color changes, the script offers a multi-layered visual representation of data, providing clarity about both short-term signals and overall market trends.
⚙️ How It Works and Functionality
MA24 Condition:
Uses the 24-period moving average as a proxy; if the price is above it, the bar is colored green, and red if below, with neutrality when conditions aren’t met.
Supertrend Indicator:
Evaluates price relative to the Supertrend level (calculated via ATR), coloring green when price is above it and red when below.
HalfTrend Signal:
Determines trend shifts by comparing the current close to a calculated trend level; green indicates an upward trend, while red suggests a downtrend.
Ichimoku Cloud Status:
Analyzes the relationship between the Conversion and Base lines; a bullish (green) signal is given when price is above both or the Conversion line is higher than the Base line.
Parabolic SAR (P_SAR):
Colors the signal based on whether the current price is above (green) or below (red) the Parabolic SAR marker, indicating stop and reverse conditions.
First 5-Minute Candle Analysis (ORB5min):
Uses key levels from the first 5-minute candle; if price exceeds the candle’s low, VWAP, and MA, it’s bullish (green), otherwise bearish (red).
Volume-Weighted Moving Average (VWMA):
Compares the current price to volume-weighted averages; a price above these levels is shown in green, below in red.
Price-Volume Trend (PVT):
Determines bullish or bearish momentum by comparing PVT to its VWAP—green when above and red when below.
Oscillator Composite:
Aggregates signals from multiple oscillators; a majority of positive results turn it green, while negative dominance results in red.
RSI Condition:
Uses a simple RSI threshold of 50, with values above signifying bullish (green) momentum and below marking bearish (red) conditions.
ADX & Trend Strength:
Reflects overall trend strength through ADX and directional movements; a combination favoring bullish conditions colors it green, with red signaling bearish pressure.
Master Candle Overall Signal:
Combines multiple indicator outputs into one “Master” signal—green for a consensus bullish trend and red for a bearish outlook.
Scalp Signal Variation:
Focused on short-term price changes, this signal adjusts quickly; green indicates improving short-term conditions, while red signals a downturn.
📊 Visualizations and 🎨 User Experience (❌ no repaint)
Dynamic Histograms & Bar Plots:
Each indicator is represented as a colored bar (with added vertical offsets) to facilitate easy comparison of their respective bullish or bearish contributions.
Clear Color-Coding & Labels:
Green (e.g., GreenFluorescent) indicates bullish sentiment.
Red (e.g., RedFluorescent) indicates bearish sentiment.
Custom labels and descriptive text accompany each bar for clarity.
Interactive Charting:
The overall background color adapts based on the “Master Candle” condition, offering an instant read on market sentiment.
The current candlestick is overlaid with color cues to reinforce the indicator’s signal, enhancing the trading experience.
Real-Time Alerts:
Vertical lines appear on signal events (buy/sell triggers), complemented by alerts that help traders stay on top of actionable market moves.
Sharp lines:
The Sharp lines are plotted based upon the EMA5 cross over with the same market trend, marks this as good time to reentry.
🔧 Settings and Customization
Flexible Timeframe Input:
Users can select their preferred timeframe for analysis, making the indicator adaptable to intraday or longer-term trading styles.
Customizable Indicator Parameters:
➤ Supertrend: Adjust ATR length and multiplier factors.
➤ HalfTrend: Tweak amplitude and channel deviation settings.
➤ Ichimoku Cloud & Oscillators: Fine-tune the conversion/base lines and oscillator lengths to match individual trading strategies.
Visual Customization:
The script’s color schemes and plotting styles can be altered as needed, giving users the freedom to tailor the interface to their taste or existing chart setups.
🌟 Uniqueness of the Concept
Integrated Multi-Indicator Synergy:
Combines a diverse range of trend, momentum, and volume-based indicators into a single cohesive system for a holistic market view.
Master Candle Aggregation:
Consolidates numerous individual signals into a "Master Candle" that filters out noise and provides a clear, consensus-based trading signal.
Layered Visual Feedback:
Uses color-coded histograms, adaptive background cues, and dynamic overlays to deliver a visually intuitive guide to market sentiment at a glance.
Customization and Flexibility:
Offers adjustable parameters for each indicator, allowing users to tailor the system to fit diverse trading styles and market conditions.
✅ Conclusion:
Robust Trading Tool & Non-Repainting Reliability:
This versatile technical analysis tool computes an extensive range of indicators, aggregates them into a stable, non-repainting “Master Candle” signal, and maintains consistent, verifiable outputs on historical data.
Holistic Market Insight & Consistent Signal Generation:
By combining trend detection, momentum oscillators, and volume analysis, the indicator delivers a comprehensive snapshot of market conditions and generates dependable signals across varying timeframes.
User-Centric Design with Rich Visual Feedback:
Customizable settings, clear color-coded outputs, adaptive backgrounds, and real-time alerts work together to provide actionable, transparent feedback—enhancing the overall trading experience.
A Unique All-in-One Solution:
The integrated approach not only simplifies complex market dynamics into an easy-to-read visual guide but also empowers systematic traders with a powerful, adaptable asset for accurate decision-making.
❤️ Credits:
Pine Script™ User Manual
Supertrend
Ichimoku Cloud
Parabolic SAR
Price Volume Trend (PVT)
Average Directional Index (ADX)
Volume Oscillator
HalfTrend
Donchian Trend
EMA Crossover Strategy with Trailing Stop and AlertsPowerful EMA Crossover Strategy with Dynamic Trailing Stop and Real-Time Alerts
This strategy combines the simplicity and effectiveness of EMA crossovers with a dynamic trailing stop-loss mechanism for robust risk management.
**Key Features:**
* **EMA Crossover Signals:** Identifies potential trend changes using customizable short and long period Exponential Moving Averages.
* **Trailing Stop-Loss:** Automatically adjusts the stop-loss level as the price moves favorably, helping to protect profits and limit downside risk. The trailing stop percentage is fully adjustable.
* **Visual Buy/Sell Signals:** Clear buy (green upward label) and sell (red downward label) signals are plotted directly on the price chart.
* **Customizable Inputs:** Easily adjust the lengths of the short and long EMAs, as well as the trailing stop percentage, to optimize the strategy for different assets and timeframes.
* **Real-Time Alerts:** Receive instant alerts for buy and sell signals, ensuring you don't miss potential trading opportunities.
**How to Use:**
1. Add the strategy to your TradingView chart.
2. Customize the "Short EMA Length," "Long EMA Length," and "Trailing Stop Percentage" in the strategy's settings.
3. Enable alerts in TradingView to receive notifications when buy or sell signals are generated.
This strategy is intended to provide automated trading signals based on EMA crossovers with built-in risk management. Remember to backtest thoroughly on your chosen instruments and timeframes before using it for live trading.
#EMA
#Crossover
#TrailingStop
#Strategy
#TradingView
#TechnicalAnalysis
#Alerts
#TradingStrategy
Master Litecoin Hashrate IndicatorThis script is a custom indicator called "Master Litecoin Hashrate Indicator," designed to track and visualize Litecoin's hashrate trends in the form of both a moving average and raw hashrate data. Here’s a breakdown of how it works:
Overview:
Indicator Type: It’s an overlay set to false, meaning it won’t be plotted directly on the price chart but on a separate pane beneath it.
Litecoin Hashrate: This tracks the computational power used to mine Litecoin, in PH/s (Peta Hashes per second).
Key Components:
Inputs:
ma_length: This is the length of the moving average, calculated as half of 7 (which equals 3.5), to smooth out the hashrate data.
Hashrate Data:
hashrate: The script pulls real-time Litecoin hashrate data using the INTOTHEBLOCK:LTC_HASHRATE security symbol from TradingView.
ma_hashrate: A simple moving average (SMA) is applied to the raw hashrate data over the defined period (ma_length), helping to smooth out short-term fluctuations.
Plotting:
hashrate: The raw hashrate is plotted in yellow with a linewidth of 2.
ma_hashrate: The moving average of the hashrate is plotted in white with a linewidth of 2.
Background Color:
The background color changes dynamically depending on the relationship between the raw hashrate and its moving average:
If the raw hashrate is greater than the moving average, the background turns a yellow color (with 90% transparency).
If the raw hashrate is less than the moving average, the background turns blue (with 90% transparency).
If they are equal, there is no background color change.
Purpose:
This indicator helps to visualize the current hashrate trends and compare them with the longer-term moving average. By doing so, it can highlight periods where the hashrate is either increasing or decreasing significantly, giving traders insights into network activity and mining strength.
Best Fit Linear Regression with StdDev BandsBest Fit Linear Regression with Standard Deviation Bands
The Best Fit Linear Regression with StdDev Bands is a custom TradingView indicator designed to analyze price trends and volatility over a specified number of bars. It plots a linear regression line representing the best fit for the selected price data, accompanied by optional standard deviation bands to visualize price dispersion.
📈 Key Features
Linear Regression Line: Calculates the best-fit line over a user-defined number of bars, providing a clear visualization of the prevailing price trend.
TradingView
Standard Deviation Bands: Optional upper and lower bands set at a multiple of the standard deviation from the regression line, indicating potential support and resistance levels.
Price Source Selection: Choose between using the closing price or the midpoint (average of high and low) for calculations.
Weighting Options: Apply True Range weighting to emphasize periods of higher volatility in the regression calculation.
Trend Strength Indicator: Displays a normalized strength value between -1 and 1, indicating the direction and magnitude of the trend.
Customizable Appearance: Adjust line color, width, label position, and background color to suit your preferences.
Extendable Lines: Option to extend the regression and standard deviation lines beyond the visible bars for projection purposes.
⚙️ Input Parameters
Bars to Analyze: Number of bars to include in the regression calculation (default: 100).
Price Value: Select "Close" or "Midpoint" as the data source for calculations.
Weighting Method: Choose between "None" or "True Range" weighting.
Line Color & Width: Customize the color and thickness of the regression line.
Label Position: Place the informational label at the start, center, or end of the regression line.
Label Background Color: Set the background color for the informational label.
Extend Line Beyond Visible Bars: Option to project the regression line into future bars.
Show Standard Deviation Bands: Toggle the visibility of the standard deviation bands.
Standard Deviation Multiplier: Set the multiplier for the standard deviation bands (default: 1.0).
StdDev Bands Color: Customize the color and transparency of the standard deviation bands.
🧮 How It Works
Data Collection: Gathers price data based on the selected source (Close or Midpoint) over the specified number of bars.
Weighting (Optional): Applies True Range weighting if selected, giving more importance to bars with higher volatility.
Regression Calculation: Computes the slope and intercept of the best-fit line using the least squares method.
Standard Deviation: Calculates the standard deviation of the price data from the regression line to determine the dispersion.
Plotting: Draws the regression line and, if enabled, the upper and lower standard deviation bands.
Labeling: Displays a label indicating the trend direction (Bullish, Bearish, or Neutral), strength percentage, and standard deviation value.
📊 Interpretation
Trend Direction: The slope of the regression line indicates the trend direction.
Trend Strength: The normalized strength value provides insight into the magnitude of the trend.
Price Position: Prices near or beyond the standard deviation bands may indicate overbought or oversold conditions.
TradingView
🛠️ Use Cases
Trend Analysis: Identify and confirm the direction and strength of market trends.
Volatility Assessment: Gauge market volatility through the width of the standard deviation bands.
Support and Resistance: Use the standard deviation bands to identify potential support and resistance levels.
Trade Timing: Assist in determining optimal entry and exit points based on price interaction with the regression line and bands.
This indicator is particularly useful for traders seeking a statistical approach to trend analysis, offering customizable options to tailor the tool to various trading strategies and preferences.
RSI Oversold ScannerPine Script Description for TradingView Publication
Title: RSI Oversold Scanner (1m, 5m, 15m)
Description:
The RSI Oversold Scanner is a powerful tool designed to identify stocks that are simultaneously oversold on the 1-minute, 5-minute, and 15-minute timeframes, based on the Relative Strength Index (RSI). This script is ideal for traders seeking short-term reversal or momentum opportunities across multiple intraday timeframes.
Key Features:
Multi-Timeframe RSI Analysis: Calculates RSI (default length: 14) on the 1m, 5m, and 15m timeframes and checks if all are below the oversold threshold (default: 30).
Visual Output: Displays a table in the top-right corner showing RSI values and oversold status ("Yes" or "No") for each timeframe, making it easy to verify conditions.
Scan Result: Plots a value of 1 when all three timeframes are oversold, or 0 otherwise, enabling quick identification of matching stocks.
Alert Support: Includes an alert condition that triggers when a stock is oversold on all timeframes, with a customizable message for real-time notifications.
User-Friendly: Built with Pine Script v6 for compatibility and reliability, with clear visual feedback for traders of all levels.
How It Works:
The script uses ta.rsi to compute RSI on the current chart’s timeframe (1m) and request.security to fetch RSI data for the 5m and 15m timeframes.
It checks if RSI is below the oversold level (default: 30) on all three timeframes.
A table displays the RSI values and oversold status for easy debugging.
The Scan Result plot (1 or 0) indicates whether the stock meets the oversold criteria, which can be used for manual scanning or alerts.
Usage Instructions:
Add the script to your chart via Pine Editor.
Use a watchlist to switch between stocks and check the table or Scan Result for oversold conditions.
Set alerts by selecting the script’s Scan Result condition (value = 1) to get notified when a stock is oversold on all timeframes.
Customize the RSI length or oversold level in the script’s code if needed (e.g., change rsiLength or oversoldLevel).
Notes:
Best used on intraday charts (e.g., 1m or higher) with a watchlist for manual scanning, as TradingView’s Stock Screener does not directly support custom Pine Scripts.
Real-time alerts and intraday data may require a TradingView paid plan.
The script uses only two request.security calls, staying well within Pine Script’s limits.
Ideal For:
Day traders and swing traders looking for oversold stocks across multiple intraday timeframes.
Users who want to combine technical analysis with visual and alert-based confirmation.
GranDoc - Week, Day, Month, and Session Separator5Indicator Name: GranDoc's - Week, Day, Month, and Session Separator
Version: Pine Script v5
Author: Jonpaul Nnamdi Opara (GranDoc )
Description
The "GranDoc - Week, Day, Month, and Session Separator" is a highly customizable TradingView indicator designed to enhance chart analysis by visually marking critical time-based transitions. Developed by Jonpaul Nnamdi Opara, this tool plots vertical lines with labels or background highlights to denote the start and end of weeks, days, months, and major trading sessions (Frankfurt, London, NY Morning, NY Afternoon, Sydney, and Tokyo). Traders can tailor colors, line styles, widths, transparency, and session times to align with their strategies and timezones.
Ideal for forex, stocks, futures, and crypto traders, this indicator simplifies the identification of key market periods—such as session openings/closings or new weeks—that often signal increased volatility or trend shifts. It’s optimized for intraday timeframes for session separators but supports all timeframes for week, day, and month markers, making it a versatile addition to any trader’s toolkit.
Features
Week Separators: Marks Monday starts with customizable lines and "Week Start" labels.
Day Separators: Highlights daily openings with lines and "Day Start" labels.
Month Separators: Indicates new months with lines and "Month Start" labels.
Session Separators: Plots lines and labels for major trading sessions’ start and end:
Frankfurt (default: 07:00–15:00 UTC)
London (default: 08:00–16:00 UTC)
NY Morning (default: 13:00–16:00 UTC)
NY Afternoon (default: 16:00–21:00 UTC)
Sydney (default: 22:00–06:00 UTC)
Tokyo (default: 00:00–08:00 UTC)
Timezone Support: Adjusts session times with a UTC offset (±12 hours).
Display Flexibility : Toggle between labeled vertical lines or background highlights.
Customization: Fine-tune colors, line styles (solid, dashed, dotted), widths, and transparency.
Background Mode: Highlights periods with translucent backgrounds for cleaner charts.
[ i]Labeled Lines: Each line includes descriptive labels (e.g., "London Open", "Tokyo Closed") when not in background mode.
How to Use
Add to Chart:
Copy the script into TradingView’s Pine Editor.
Click "Add to Chart" to apply the indicator.
Customize Settings:
Open settings via double-click or the "Settings" gear icon.
Timezone Offset: Set your UTC offset (e.g., -5 for EST) to align sessions.
Toggles: Enable/disable week, day, month, or session separators.
Appearance: Adjust colors, line styles, widths, and transparency for each separator.
Session Times: Modify start/end hours and minutes if defaults don’t suit your market.
Background Mode: Enable "Show as Background" for colored backgrounds instead of lines, and tweak "Session Background Transparency."
Labels: Labeled lines (e.g., "Sydney Open") appear automatically unless background mode is active.
Chart Compatibility:
Session separators require intraday timeframes (e.g., 1-minute to 4-hour).
Week, day, and month separators work across all timeframes.
Confirm your chart’s timezone aligns with your analysis.
Analyze:
Use separators to pinpoint session transitions, daily openings, or weekly shifts for trade planning.
Labels make it easy to spot key periods on busy charts.
Pair with indicators like RSI, volume, or support/resistance for deeper insights.
Example Use Cases
Forex Trading: Highlight London and NY session opens/closes for high-liquidity entries.
Day Trading: Reset strategies at daily separators and monitor intraday volatility.
Swing Trading: Use week/month separators to track longer-term trends.
Session Focus: Isolate sessions like Tokyo for regional market analysis.
Chart Clarity: Background mode declutters charts while marking key times.
Notes
Session separators are disabled on daily+ timeframes to prevent clutter.
Verify timezone offset for accurate session alignment.
Background mode suits lower timeframes for readability.
Labels are visible only when background mode is disabled.
Feedback
Share your thoughts or suggestions to make this indicator even better! Reach out via TradingView or connect with the author for insights. Happy trading!
About the Author
Dr. Jonpaul Nnamdi Opara, a PhD graduate from Ehime University, Japan, is a researcher and developer specializing in AI and machine learning. His work on automated landslide mapping and defect detection, published in journals like GEOMATE, showcases his precision-driven approach. With the "GranDoc" indicator, Jonpaul brings intuitive, data-driven clarity to financial markets, reflecting his expertise in creating impactful tools.
