TrendLine ChannelsAbstract
This script provides a set of Trendline Channels which can be tighter than Donchian Channels.
This script computes the most suitable active upper and lower trendlines and updates them as soon as possible.
We can use it for breakout signals earlier than Donchian Channels.
Introduction
Channels are tools which can mark area of values of ranging markets.
Once the price leaves the original region, range traders may start admitting they are wrong and trigger trend.
Donchian Channels (misheard as Dungeon Channels) use the highest and the lowest price to define area of values.
When the price breakouts, it just like it got released from a dungeon.
However, waiting for the price making even higher or lower may be too late and risk reward ratio may be lower.
Trendlines can make the channels tighter and we can find earlier breakout signals.
Computing Trendline Channels
(1) Find the most active trendlines
In this script, a valid trendline connects two high values or two low values.
A high value means the highest value in a trading day.
A low value means the lowest value in a trading day.
In this script, every trendline does not crossover any bar but can exactly touch them.
The most flat trendline is taken. (one for upper and one for lower)
(2) Continue to use or Change a trendline
If there is a tighter trendline available, this script changes to use it.
If the previous active trendline is broken, this script re-computes the trendline available.
When this case happens, this script display with an another color.
Otherwise, this script continues using the previous trendline.
(3) Middle line
The middle line indicates the middle value between the upper and the lower.
Parameters
Length : how many days are used for computation. The default value is 16 just because 16=4*4, using binary characteristic.
x_go_on : If the previous trendline is not breakout and there are no tighter trendlines available, we continue use it.
Color Options
(1) Upper trendline (no update or tighter)
(2) Upper trendline (changed due to breakout)
(3) Middle line
(4) Lower trendline (no update or tighter)
(5) Lower trendline (changed due to breakout)
Conclusion
Trendline Channels can be tighter than Donchian Channels and evaluate earlier breakout signals.
Comparing to known auto trendline scripts, Trendline Channels is continuous.
Once a trendline is broken, Trendline Channels can instantly point out the next available one.
If you think the price movement is boring or you cannot have good risk reward ratio, you can go to an another timeframe.
Reference
How to trade with Donchian Channels
How to trade with Trendlines
Tìm kiếm tập lệnh với "trend"
SMA + Trend Strength + Trailing Stop LossThe 'SMA + Trend Strength + Trailing Stop Loss' indicator was designed for swing trading long positions over the course of days/weeks. The benefit of the indicator is to identify areas where the market of a given asset is showing signs of a strong uptrend, divergences, and fear. A 13-bar simple moving average is color coded to four colors based on 5 given conditions at a time, which are represented as a trend meter on the bottom right of the screen. A trailing stop loss indicator is included to secure your profits or limit your loss in case the market reverses on you unexpected. Please use this indicator responsibly with proper risk management, and never rely on the indicator by itself for buy and sell signals.
When the simple moving average color is green, it means that at least 4 of 5 conditions are confirming a move upwards, this is when you can take an entry into a trade based on your entry strategy. As the trend continues, the color will eventually change to yellow signaling a divergence. This is when you can use your exit strategy to find a good point to sell. It is wise not to take new positions when the color is trending yellow.
If the color changes from yellow to orange, that is a warning sign that the trend is about to change or has begun to change. Prices may have already fallen. However, sometimes the color will change from yellow back to green signaling a continuation of the trend. You can either keep holding or take a new position in this instance.
When the color is red, this signals fear in the market, you should stay out of the market at first. However, as the market consolidates and the color starts changing back to orange, this is an opportunity to take a long position at a reasonably low price.
Simple Moving Average (13-Bar) Color Explanation:
The colors change based on 5 market conditions represented in the trend meter.
Green: Strong Uptrend
Yellow: Divergence Present
Orange: Warning
Red: Fear
Trend Meter Explanation:
The trend meter draws 5 arrows indicating bullish or bearish presence.
LL = Lower Lows - Detects when the market is trending with lower lows.
HH = Higher Highs - Detects when the market is trending with higher highs.
MA = SMA Direction - A formula is used to determine the direction of the SMA.
DI = Directional Index - Identifies when upwards momentum is trending.
RSI = Relative Strength Index - Identifies when the RSI is in an uptrend state.
Note: For advanced users, this indicator has a hidden DMI(4, 4, 4) and RSI(14) indicator used to determine the last two conditions. The Directional Index is based on a DI Plus momentum moving average to determine a momentum trend and the RSI trending over 50 will constitute an uptrend signal as below 50 it will point down.
Trailing stop loss:
The trailing stop loss is determined based on the lowest price of the last 8 bars.
A gray step-line is drawn at the suggested stop activation price.
A red step-line is drawn at the suggested stop limit price.
When the price breaches the trailing stop, a red X will appear below the bar.
You can turn each of these features on or off based on your preference. Happy trading!
Trend Average (Expo)
Trend Average (Expo) measures the overall trend strength and how strong the current price move/momentum is. The color of the average helps to identify the strength and momentum of the trend.
The user can enable Bar Color that coloring the candlesticks based on the trend strength.
The user can choose between different average calculations, such as SMA, WMA, HMA, to mention a few.
This indicator is for those that don't want to have the Trend Oscillator (Expo) but still want to keep track of the trend strength and direction. There is a minor difference in how the trend is calculated due to the nature of input variables.
HOW TO USE
Identify the trend strength and direction
Identify current momentum
INDICATOR IN ACTION
Daily chart
I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments!
-----------------
Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/strategies/ideas are only for educational purposes!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
Trend Oscillator (Expo)Trend Oscillator (Expo) measures the overall trend strength and how strong the current price move/momentum is. The indicator is leading since it can signal a possible trend change that is yet to start. The color of the histogram and its value helps to gauge the strength and momentum of the trend.
The user can enable Bar Color that coloring the candlesticks based on the trend strength.
The user can choose between different trend calculations, such as smoothed trend, volume-weighted trend, a non-lagging trend, to mentions a few.
DIVERGENCES
All types of oscillators produce divergences and so does Trend Oscillator (Expo). Divergences occur when the oscillator deviates from the trending price action. Bullish divergence is then when the trending price makes a lower low but the oscillator makes a higher low. Bearish divergence is then when the trending price makes a higher high but the oscillator makes a lower high.
HOW TO USE
Identify the trend strength and direction
Identify current momentum
Identify potential trend reversals
Identify Overbought and Oversold areas
INDICATOR IN ACTION
1 min chart
I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments!
-----------------
Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/strategies/ideas are only for educational purposes!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
Trend Following with Moving AveragesHello Traders,
With the info "Trend is Your Friend ", you should not take position against the trend. This script checks multipte moving averages if they are above/below the closing price and try to find trend. The moving averages with the length 8, 13, 21, 34, 55, 89, 144, 233, 377 used. these are fibonacci numbers, but optionally you can change the lengths of each moving averages. while it's green you better take long positions, while it's red you better take short positions according to other indcators or tools.
Optionally you have "smoothing" option to get rid of whipsaws. it's enabled by default.
You have option to use following moving average types: EMA, SMA, RMA, WMA, VWMA. by default it's EMA
Also the script has "Resolution" option. with this option you can get the trend for other time frames, in following example 1h was set as for higher time frame on 15m chart:
This should not be used as buy/sell signal indicators as it's tries to find trend but not entry points, you should use other indicators (such RSI, Momentum) or other tools to find buy/sell signals.
Enjoy!
Trend Direction Force IndexThis is my own version of the famous Trend Direction Force Index and I modified the original to make my version react quickly to any trend. I have color coded the indicator to make it extremely easy to read so if it is green then buy and red then sell.
This was a custom request so if you would like more then just send me a message!
Trend Lines for RSI, CCI, Momentum, OBVHello Traders!
After publishing Trend Lines for RSI yesterday, I realized that Trend Lines for more indicators needed by the traders. so I decided to make it for four different indicators: RSI, CCI, OBV, Momentum
In the indicator options you can choose the indicator from pull-down menu.
How it works?
- On each bar it finds last 10 higher and lower Pivot Points (PP) for the indicator.
- from first bar to 10. Pivot Point it searchs if a trend line is possible
- for each PP it starts searching from the last PP .
- it checks if drawing a trend line possible or not and also it's broken or not
- if it's broken then optionally it shows broken trend lines as dotted (or you can option not to see broken lines)
- if it finds a continues trend line then it stops searhing more and draw trend line, this is done by checking angles (I did this to make the script faster, otherwise you may get error because of it needs time more than .2sec)
- the script makes this process for each PP
- then shows the trend lines
P.S. it may need 3-10 seconds when you added the script to the chart at first (because of calculations)
Trend lines for CCI:
Trend Lines for OBV
Trend Lines for Momentum:
You may want to watch how Trend Lines script works (that was made for RSI)
s3.tradingview.com
If you still didn't see Trend Lines v2 then visit:
All Comments are welcome..
Enjoy!
Trend Lines v2Hello Everyone. After working on new and better trend lines script for couple of weeks, finally I am proud to publish Trend Lines v2.
How it works?
- On each bar it finds last 10 higher and lower Pivot Points (PP).
- from first bar to 10. PP it search if a trend line is possible
- for each it starts searching from the last PP.
- it check if drawing a trend line possible or not and also it's broken or not
- if it's broken then optionally it shows broken trend lines as dotted
- if it finds a continues trend line and stop searhing more and draw trend line (I did this to make the script faster, otherwise you may get error because of it needs time more than .2sec)
- the script makes this process for each PP
optionally trend lines may be Solid or Dashed
optionally you may get rid of broken trend lines if you think it's crowded
and sometimes you may not see any trend line on the chart. this means you need to adjust the period for Pivot Points accordingly
also I made a video. if you watch this video you can see how the script works.
Important! after you add this tool to the chart you may need zoom-in and zoom-out to see all lines!
I thought a lot to make it free or not then I decided make it free and open source. you should know there is a lot of effort for this script, so if you think this is usefull please consider a donation ;)
Enjoy!
Trend LinesHello Everyone! This is my new trend lines script (after beta version that was published almost one year ago)
The idea is to find Pivot Highs (PH) and Pivot Lows(PL) first.
Then, If current PH is smaller then previous PH (means no new higher high and possible downtrend) then draw trend line using them. and also it checks previous trend line (if exits) and if current angle is smaller then don't extend previous one.
Same idea when using Pivot Lows, If current PL is higher then previous PL (means no new lower low and possible uptrend) then draw trend line using them. and also it checks previous trend line (if exits) and if current angle is smaller then don't extend previous one.
Optionally style of old trend lines drawn as dashed.
Hope you enjoy it!
TTTT Trend (Expo)TTTT Trend (Expo)
DESCRIPTION
TTTT Trend (Expo) indicator is designed to visualize negative trends. Negative trends are often categorized with higher volatility and thus the price can change dramatically over a short period in either direction. The indicator detects these price fluctuations and visualizes it with a red cloud. So the trend is negative as long as the indicator has a red cloud. Respectively, if the indicator has no red cloud it’s a sign that the trend is positive.
The TTTT Trend (Expo) comes with 3 trend layers that have different sensitivity and can be enabled or disable.
HOW TO USE
1. Use the indicator to visualize negative trends.
2. Use the indicator to visualize positive trends.
INDICATOR IN ACTION
EURUSD
EURUSD
BTCUSD
BTCUSD
WALL STREET
EURGBP
The indicator works with RENKO, HEIKIN ASHI and with KAGI charts as well.
I hope you find this indicator useful, and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continue to work on this indicator, so please share your experience and feedback with me so that I can continuously improve it. Thanks to everyone that have contacted me regarding my scripts. Your feedback is valuable for future developments!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
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Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/ideas are only for educational purposes!
High - Low Trend Indicator - (Expo)High - Low Trend Indicator - (Expo)
DESCRIPTION
This trend indicator is derived from the highest (High) and lowest (Low). The unique formula enables clarity in trends and fast response to market changes.
Negative trend
The market could be considered to be in a negative trend when the black price line is under the blue Midline and a major red cloud is created. For some markets, the orange- trendline can be switched on to identify the long-term trend in the market. So, if the price line is under the orange trendline the market is in a negative trend.
Positive trend
The market could be considered to be in a positive trend when the black price line is above the blue Midline and close to the upper-line. For some markets, the orange-trendline can be switched on to identify the long-term trend in the market. So, if the price line is above the orange trendline the market is in a positive trend.
The indicator should be used in combination with High – Low Trend Indicator Signal (Expo) to identify market changes.
HOW TO USE
1. Use the indicator to identify trends.
2. Use the indicator to find Entry points in trends.
3. Combine it with High – Low Trend Indicator Signal (Expo).
INDICATOR IN ACTION
The indicator is best presented live, the graphs below are a good guide.
EURUSD
DAX
WALL STREET
EURJPY
GOLD
I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continue to work on this indicator, so please share your experience and feedback with me so that I can continuously improve it. Thanks to everyone that have contacted me regarding my scripts. Your feedback is valuable for future developments!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
-----------------
Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/ideas are only for educational purposes!
Multi Timeframe Trending State DetectionThis script shows the "trending" state of a symbol at a certain moment in time on a certain set of timeframes. A trending symbol is a symbol that is moving out of a current balanced state to search for a new accepted price level. The detection of the state is done by looking at the place where the current price is related to 2 bollinger bands.
Depending on the place where the price is, the symbol is ...
a) ... not trending. It is chopping around. (Color Gray)
b) ... trending. The trend shows a certain strength. (Color Green for uptrend, Color Red for downtrend)
c) ... trending and arriving at (a temporary) peak and can possibly revert. Good for profit taking, or entering counter-trend. (Color Yellow for uptrend, Color Orange for downtrend)
By moving over the current main chart, you can see in the data window at the right, what was the state on a certain date for all timeframes together. All states are color-coded. By checking the bubble help in input, a textual explanation of the actual colored states (1 per timeframe) is displayed on top of the history and is updated at every change. To read well the bubble help, the control has to be set on full-screen temporarily.
The script is dynamic in 2 dimensions.
a) When you select a certain timeframe, all lower timeframes will not be displayed. Only the higher supported timeframes are included.
b) In input, you can specifiy a subset of timeframes you want to follow by checking or unchecking the appropriate timeframes.
The combination of the 2 selections gives you the ultimate list of timeframes shown.
You can infuence the detection by selecting in input another set of bollinger bands, characterized by the number of standard deviations and the length of the mean needed for the calculation of the bollinger bands .
How to read the indictor ?
A horizontal line gives you the history of the "trending state" on 1 timeframe over all bars accessible.
A vertical column gives you the "trending state" on all timeframes at a certain bar.
The last vertical column gives you the most recent "trending state" on all timeframes.
Trend Channel [Gu5]SMA 200 determines the trend
Bullish trend, green candles. Down trend, red candles.
If the market value is narrow to the SMA200 channel, yellow candles.
Setting recommended for SMA Range
BTCUSD = 100
EURUSD = 1000
SPX = 100
ETHUSD = 10
ITekSignal Full v1.0 Trend REVERSAL and CONTINUATION ITekSignal Trading System helps you identify trend reversals — quickly and accurately.
There’s a price action pattern that occurs in every market and on every time-frame.
This price pattern shows a fight for balance, between seller and buyers…
When the pattern is completed, that means the fight for balance has ended.
And you’d know which side has won: Seller or Buyers, Supply or Demand, Bulls or Bears.
Once ITekSignal indicator has spotted a reversal, it clearly displays these Buy or Sell alerts on your charts… showing you exactly where possible reversals may occur.
ITekSignal Indicator will draw an up/down arrow on your chart, telling you there’s a trade opportunity for you to consider. So we’d enter the market for a ride of the new trend.
The indicator is also capable of detecting CONTINUATION pattern (in addition to REVERSAL patterns)
ITekSignal indicator gives you all kinds of alerts you’ll ever need:
Trend Reversal alert & Trend Continuation alerts
Contact the Author for Subscription
@iteksignal
iteksignal@gmail.com
HMM Trend Exhaust Detector (Partial TP Areas)🔹 HMM Trend Exhaust Detector (Partial TP Areas)
HMM Trend Exhaust Detector is a professional risk-management and partial profit awareness tool, designed to highlight moments when price becomes over-extended within a strong trend.
This indicator is not an entry system and not a reversal predictor.
It is built to help traders protect profits, manage open positions, and avoid chasing price when the market is already stretched.
🧠 How it works (Simple Explanation)
When price moves aggressively away from its trend structure:
The candle color changes in real time, warning that price is entering a potential exhaustion zone.
A dotted guide level appears at the exact threshold price, showing where profit pressure begins.
After the candle closes, Partial TP Areas are marked on the chart to provide structure and context.
This two-step approach ensures:
Live awareness during the candle
Confirmed visual zones after close
🎯 What this indicator is best used for
✔ Partial profit booking
✔ Risk reduction during strong trends
✔ Avoiding late entries into extended moves
✔ Trade management & discipline
⚙️ Sensitivity Modes
The indicator includes a single Sensitivity setting to adapt to different trading styles:
Relaxed → Earlier warnings, more frequent partial TP zones
Strict → Balanced, institutional default
Very Strict → Only major, extreme exhaustion moves
(All internal calculations are handled automatically.)
📌 Important Notes
This indicator does not generate buy or sell signals.
Rectangle height is just based on candle heights at that time (Not strength based)
Partial TP Areas are confirmed after candle close by design.
Live candle highlighting and guide levels provide real-time awareness, not prediction.
Best used alongside your existing strategy or entries.
🧩 Recommended Use
Scalping / Fast markets → Relaxed
Intraday trading → Strict
Swing / News / Higher timeframes → Very Strict
🚀 About HMM
House of Market Minds -(HMM) indicators focus on clarity, discipline, and decision support — not hype or unrealistic promises.
This is the first public release in the HMM series, built with a long-term professional vision.
Trendlines & SR ZonesIt's a comprehensive indicator (Pine Script v6) that represents two powerful technical analysis tools: automatic trendline detection based on pivot points and volume delta analysis with support/resistance zone identification. This overlay indicator helps traders identify potential trend directions and key price levels where significant buying or selling pressure has occurred.
Features: =
1. Price Trendlines
The indicator automatically identifies and draws trendlines based on pivot points, creating dynamic support and resistance levels.
Key Components:
Pivot Detection: Uses configurable left and right bars to identify significant pivot highs and lows
Trendline Filtering: Only draws downward-sloping resistance trendlines and upward-sloping support trendlines
Zone Creation: Creates filled zones around trendlines based on average price volatility
Automatic Management: Maintains only the 3 most recent significant trendlines to avoid chart clutter
Customization Options:
Left/Right Bars for Pivot: Adjust sensitivity of pivot detection (default: 10 bars each side)
Extension Length: Control how far trendlines extend past the second pivot (default: 50 bars)
Average Body Periods: Set the lookback period for volatility calculation (default: 100)
Tolerance Multiplier: Adjust the width of the trendline zones (default: 1.0)
Color Customization: Separate colors for high (resistance) and low (support) trendlines and their fills
2. Volume Delta % Bars
The indicator analyzes volume distribution across price levels to identify significant supply and demand zones.
Key Components:
Volume Profile Analysis: Divides the price range into rows and calculates volume delta at each level
Delta Visualization: Displays horizontal bars showing the percentage difference between buying and selling volume
Zone Identification: Automatically identifies the most significant supply and demand zones
Visual Integration: Connects volume delta bars with corresponding support/resistance zones on the price chart
Customization Options:
Lookback Period: Set the number of bars to analyze for volume (default: 200)
Price Rows: Control the granularity of the volume analysis (default: 50 rows)
Delta Sections: Adjust the number of horizontal delta bars displayed (default: 20)
Panel Appearance: Customize width, position, and direction of the delta panel
Zone Settings: Control the number of supply/demand zones and their extension (default: 3 zones)
How It Works-
Trendline Logic:
The script continuously scans for pivot highs and lows based on the specified left and right bars
When a pivot is detected, it creates a horizontal line at that price level
The script then looks for the previous pivot of the same type (high or low)
It connects these pivots with a trendline, extending it based on the user-specified setting
A parallel line is created to form a zone, with the distance based on average price volatility
The script filters out invalid trendlines (upward-sloping resistance and downward-sloping support). Only the 3 most recent trendlines are maintained to prevent chart clutter
Volume Delta Logic:
The script divides the price range over the lookback period into the specified number of rows
For each bar in the lookback period, it categorizes volume as bullish (close > open) or bearish (close < open). This volume is assigned to the appropriate price level based on the HLC3 price.
The price levels are grouped into sections, and the net delta (bullish - bearish volume) is calculated for each Horizontal bars are drawn to represent these delta percentages.
The most significant positive and negative deltas are identified and displayed as support and resistance zones. These zones are extended to the left on the price chart and connected to the delta panel with dotted lines.
Ideal Timeframes:
The indicator is versatile and can be used across multiple timeframes, but it performs optimally on specific timeframes depending on your trading style:
For Day Trading:
Optimal Timeframes: 15-minute to 1-hour charts
Why: These timeframes provide a good balance between noise reduction and sufficient volume data. The volume delta analysis is particularly effective on these timeframes as it captures intraday accumulation/distribution patterns while the trendlines remain reliable enough for intraday trading decisions.
For Swing Trading:
Optimal Timeframes: 1-hour to 4-hour charts
Why: These timeframes offer the best combination of reliable trendline formation and meaningful volume analysis. The trendlines on these timeframes are less prone to whipsaws, while the volume delta analysis captures multi-day trading sessions and institutional activity.
For Position Trading:
Optimal Timeframes: Daily and weekly charts
Why: On these higher timeframes, trendlines become extremely reliable as they represent significant market structure points. The volume delta analysis reveals longer-term accumulation and distribution patterns that can define major support and resistance zones for weeks or months.
Timeframe-Specific Adjustments:
Lower Timeframes (1-15 minutes):
Reduce left/right bars for pivots (5-8 bars)
Decrease lookback period for volume delta (50-100 bars)
Increase tolerance multiplier (1.2-1.5) to account for higher volatility
Higher Timeframes (Daily+):
Increase left/right bars for pivots (15-20 bars)
Extend lookback period for volume delta (300-500 bars)
Consider increasing the number of price rows (70-100) for more detailed volume analysis
Usage Guidelines-
For Trendline Analysis:
Use the trendlines as dynamic support and resistance levels
Price reactions at these levels can indicate potential trend continuation or reversal points
The filled zones around trendlines represent areas of price volatility or uncertainty
Consider the slope of the trendline as an indication of trend strength
For Volume Delta Analysis:
The horizontal delta bars show where buying or selling pressure has been concentrated
Green bars indicate areas where buying volume exceeded selling volume (demand)
Red bars indicate areas where selling volume exceeded buying volume (supply)
The highlighted supply and demand zones on the price chart represent significant price levels
These zones can act as future support or resistance areas as price revisits them
Customization Tips:
Trendline Sensitivity: Decrease left/right bars values to detect more pivots (more sensitive) or increase them for fewer, more significant pivots
Zone Width: Adjust the tolerance multiplier to make trendline zones wider or narrower based on your trading style
Volume Analysis: Increase the lookback period for a longer-term volume profile or decrease it for more recent activity
Visual Clarity: Adjust colors and transparency settings to match your chart theme and preferences
Conclusion:
This indicator provides traders with a comprehensive view of both trend dynamics and volume-based support/resistance levels. With these two analytical approaches, the indicator offers valuable insights for identifying potential entry and exit points, trend strength, and key price levels where significant market activity has occurred. The extensive customization options allow traders to adapt the indicator to various trading styles and timeframes, with optimal performance on 15-minute to daily charts depending on their trading horizon.
Chart Attached: NSE HINDZINC, EoD 12/12/25
DISCLAIMER: This information is provided for educational purposes only and should not be considered financial, investment, or trading advice. Please do boost if you like it. Happy Trading.
Shezab AlgoLabs EMA Trend UtilityOverview
This tool is a clean and practical EMA trend utility built to help traders quickly understand market direction, trend regime, and momentum shifts. It plots a fast EMA and slow EMA using a branded color theme and highlights transitions between bullish and bearish conditions. The script also includes optional visual crossover markers to make regime changes easier to spot.
How it works
The relationship between the fast and slow EMA is used to classify the trend environment:
When the fast EMA is above the slow EMA, the market is considered in a bullish phase.
When the fast EMA is below the slow EMA, the market is considered in a bearish phase.
The script also provides optional:
Colored bars reflecting trend direction
Crossover labels to highlight momentum shifts
Background cloud to visually emphasize trending or neutral conditions
Optional alerts for crossover events
These visual features help traders recognize potential trend transitions without implying a complete trading system.
How to use it
This tool is designed as a supplemental decision aid. Traders can combine it with their preferred structure analysis, volume tools, oscillators, or confirmation methods. The crossover markers and alerts highlight shifts in trend behavior but are informational rather than mechanical buy/sell signals. Users should apply their own risk-management and entry criteria.
Originality
This script goes beyond a standard EMA by combining multiple elements into a single, cohesive trend-clarification tool:
• regime coloring
• optional cloud regions
• crossover markers
• visual dynamic styling using a unified aesthetic palette
It is not a mashup of existing scripts; all components are integrated specifically to support traders who prefer a simple-yet-clear visual framework for understanding trend behavior.
Trend-Momentum Matrix [Pro]The Problem: Analysis Paralysis Traders often struggle to align multiple timeframe signals. You might see momentum on the 5-minute chart but fail to notice a major resistance on the 1-hour, or enter a trend just as it loses strength. Juggling multiple indicators (RSI, Moving Averages, ADX, Clouds) on a single chart creates clutter and confusion.
The Solution: Trend-Momentum Matrix The Trend-Momentum Matrix is a professional-grade dashboard that condenses complex market data into a single, high-contrast heatmap. It allows you to monitor the health of a trend across 7 distinct timeframes simultaneously—from scalping charts to long-term views—without cluttering your screen.
This tool is built on a "Strict Compliance" engine. It does not issue signals based on loose guesses; it waits for a high-probability confluence of three market forces: Price Structure, Momentum Velocity, and Trend Strength.
Core Capabilities
1. Dual-Engine Logic The system runs two independent strategies in parallel to catch both sides of the market:
Compounder Engine (Longs) : Identifies high-growth setups where momentum has entered a "Bullish Power Zone," supported by institutional trend strength.
Breakdown Engine (Shorts): Detects structural failures where momentum is accelerating downward and trend support has been breached.
2. The "Squint Test" Visualization Markets move fast. You shouldn't have to read numbers to know the trend. The Matrix utilizes a Heatmap Architecture:
Solid Green Row: Confirmed Bullish Confluence (Safe to Buy).
Solid Red Row: Confirmed Bearish Breakdown (Safe to Short).
Black/Mixed: Noise or Consolidation (Stay Out).
3. Advanced Noise Filtering: Most indicators fail in choppy markets. This tool uses a multi-layered filter:
Trend Strength (ADX) Filter: Signals are ignored if the prevailing trend is too weak or sideways.
Structure Lock: Signals are strictly gated by key moving averages. If the price structure isn't sound, the signal is suppressed.
4. Donchian Breakout Detection The matrix automatically tracks volatility breakouts. It monitors whether the current price action is expanding beyond historical volatility bands (Upper/Lower Donchian channels) to confirm true breakouts versus fake-outs.
Key Features
Multi-Timeframe Matrix: Monitor 7 timeframes (fully customizable with On/Off toggles) in one corner of your screen.
Auto-Adaptive Interface: The table uses a high-contrast Black background that remains clearly visible on both Light and Dark TradingView themes.
Smart Ribbon: Includes an optional, non-intrusive 8-line Moving Average Ribbon to visualize trend flow directly on the chart.
Strict Exit System: The system is designed to protect capital. The moment the specific conditions for Momentum or Structure are lost, the signal immediately converts to an EXIT or COVER command.
Risk Disclaimer: Trading involves substantial risk and is not suitable for every investor. This tool is an analysis aid and does not constitute financial advice. Past performance is not indicative of future results.
Access: This is an Invite-Only premium indicator. Please contact the author to request access.
Magic Equity Trend & PivotsMagic Equity Trend & Pivots is a robust technical analysis engine designed specifically for equity and index traders. It serves as a comprehensive "Trend & Level" companion, combining institutional Pivot Points with a proprietary EMA trend filtering system to identify high-probability setups.
How the Magic Works
This indicator simplifies complex market data into a clear visual workflow:
1. The Magic Equity Trend (Trend Identification) The script uses a weighted system to determine the dominant market direction:
Bullish Trend: Price holds above the primary Trend SMA + a Volatility Buffer (Green Zone).
Bearish Trend: Price is rejected below the Trend SMA - Buffer (Red Zone).
No-Trade Zone: When the price is trapped inside the buffer (Gray Channel), the trend is considered weak or ranging.
2. Institutional Pivot Points Price often reacts at hidden levels. This tool calculates and overlays these levels automatically:
Multi-Type Support: Choose between Traditional, Fibonacci, Woodie, Classic, DM, and Camarilla pivots.
Timeframe Smart-Switching: Use fixed timeframes (e.g., Weekly Pivots on a Daily chart) or let the "Auto" mode decide the best reference period for your current view.
Historical Mode: Unlike standard pivots, these can be back-tested visually to see how prices respected levels in the past.
3. Precision Entry & Exit Logic Trade signals are not random; they are based on a strict confluence of "Magic" factors:
Entry Signal: Requires Trend Alignment + Fast/Slow EMA Crossover + RSI Strength (>60) + Relative Volume Spike.
Top-Up (Add-on): Detects low-risk opportunities to add to a position when price pulls back to the EMA10/20 during a strong trend.
Two-Stage Exit: Secures profits using either an ATR Trailing Stop or an Intraday RSI Breakdown, depending on your settings.
4. Divergence & Momentum
RSI Divergence: Automatically plots Regular Bullish and Bearish divergences to warn of potential reversals at tops or bottoms.
Darvas Boxes: Visualizes consolidation ranges to help identify breakouts.
5. Performance Dashboard A data table provides a snapshot of the asset's health:
Mean Reversion: Measures the % distance from key EMAs (10, 20, 50).
RVOL & ADR: Displays Relative Volume and Average Daily Range to gauge volatility.
Performance Tracker: A theoretical summary table showing how the trend signals have performed over the last 1W, 1M, and 1Y periods.
Settings & Customization
Visuals: Fully customizable colors for the Trend Cloud, Pivots, and Backgrounds.
Filters: Toggle specific filters (Volume, RSI, Trend Buffer) to adapt the sensitivity to different asset classes.
Disclaimer: This tool is for educational purposes and technical analysis assistance only. Past performance displayed in the dashboard does not guarantee future results.
MTC – Multi-Timeframe Trend Confirmator V2MTC – Multi-Timeframe Trend Confirmator V2
A comprehensive trend analysis indicator that systematically combines six technical indicators across three customizable timeframes, using a weighted scoring system to identify high-probability trend conditions.
ORIGINALITY AND CONCEPT
This indicator is original in its approach to multi-timeframe trend confirmation. Rather than relying on a single indicator or timeframe, it creates a composite score by evaluating six different technical conditions simultaneously across three timeframes. The scoring system weighs certain indicators more heavily based on their reliability in trend identification. The visual gauge provides an at-a-glance view of trend alignment across timeframes, making it easier to identify when multiple timeframes agree - a condition that typically produces stronger, more reliable trends.
HOW IT WORKS - DETAILED SCORING METHODOLOGY
The indicator evaluates six technical conditions on each timeframe. Each condition contributes to a composite score:
EMA 200 (Weight: 1 point)
Bullish: Price closes above EMA 200 (+1)
Bearish: Price closes below EMA 200 (-1)
Rationale: Long-term trend direction
SMA 50/200 Crossover (Weight: 1 point)
Bullish: SMA 50 above SMA 200 (+1)
Bearish: SMA 50 below SMA 200 (-1)
Rationale: Golden/Death cross confirmation
RSI 14 (Weight: 1 point)
Bullish: RSI above 55 (+1)
Bearish: RSI below 45 (-1)
Neutral: RSI between 45-55 (0)
Rationale: Momentum filter with buffer zone to avoid chop
MACD (12,26,9) (Weight: 1 point)
Bullish: MACD line above signal line (+1)
Bearish: MACD line below signal line (-1)
Rationale: Trend momentum confirmation
ADX 14 (Weight: 2 points - DOUBLE WEIGHTED)
Requires ADX above 25 to activate
Bullish: DI+ above DI- and ADX > 25 (+2)
Bearish: DI- above DI+ and ADX > 25 (-2)
Neutral: ADX below 25 (0)
Rationale: Trend strength filter - only counts when a strong trend exists. Double weighted because ADX is specifically designed to measure trend strength, making it more reliable than oscillators.
Supertrend (Factor: 3.0, ATR Period: 10) (Weight: 2 points - DOUBLE WEIGHTED)
Bullish: Direction indicator = -1 (+2)
Bearish: Direction indicator = +1 (-2)
Rationale: Dynamic support/resistance that adapts to volatility. Double weighted because Supertrend provides clear, objective trend signals with built-in stop-loss levels.
COMPOSITE SCORE CALCULATION:
Total possible score range: -10 to +10 points
Score interpretation:
Score > 2: UPTREND (majority of indicators bullish, especially weighted ones)
Score < -2: DOWNTREND (majority of indicators bearish, especially weighted ones)
Score between -2 and +2: NEUTRAL/RANGING (mixed signals or weak trend)
The threshold of +/- 2 was chosen because it requires more than just basic agreement - it typically means at least 3-4 indicators align, or that the heavily-weighted indicators (ADX, Supertrend) confirm the direction.
MULTI-TIMEFRAME LOGIC:
The indicator calculates the composite score independently for three timeframes:
Higher Timeframe (default: 4H) - Major trend direction
Mid Timeframe (default: 1H) - Intermediate trend
Lower Timeframe (default: 15min) - Entry timing
Main Trend Confirmation Rule:
The indicator only signals a confirmed trend when BOTH the higher timeframe AND mid timeframe scores agree (both > 2 for uptrend, or both < -2 for downtrend). This dual-timeframe confirmation significantly reduces false signals during choppy or ranging markets.
HOW TO USE IT
Setup:
Add indicator to chart
Customize timeframes based on your trading style:
Scalpers: 15min, 5min, 1min
Day traders: 4H, 1H, 15min (default)
Swing traders: Daily, 4H, 1H
Toggle individual indicators on/off based on your preference
Adjust Supertrend parameters if needed for your instrument's volatility
Reading the Gauge (Top Right Corner):
Each row shows one timeframe
Left column: Timeframe label
Middle column: Visual strength bars (10 bars = maximum score)
Green bars = Bullish score
Red bars = Bearish score
Yellow bars = Neutral/ranging
More filled bars = stronger trend
Right column: Numerical score
Trading Signals:
Entry Signals:
Long Entry: Wait for upward triangle arrow (appears when higher + mid TF both bullish)
Confirm gauge shows green bars on higher and mid timeframes
Lower timeframe should ideally turn green for entry timing
Chart background tints light green
Short Entry: Wait for downward triangle arrow (appears when higher + mid TF both bearish)
Confirm gauge shows red bars on higher and mid timeframes
Lower timeframe should ideally turn red for entry timing
Chart background tints light red
Position Management:
Stay in position while higher and mid timeframes remain aligned
Consider reducing position size when mid timeframe score weakens
Exit when higher timeframe trend reverses (daily label changes)
Avoiding False Signals:
Ignore signals when gauge shows mixed colors across timeframes
Avoid trading when scores are close to threshold (+/- 2 to +/- 4 range)
Best trades occur when all three timeframes align (all green or all red in gauge)
Use the numerical scores: higher absolute values (7-10) indicate stronger, more reliable trends
Practical Examples:
Example 1 - Strong Uptrend Entry:
Higher TF: +8 (strong green bars)
Mid TF: +6 (strong green bars)
Lower TF: +4 (moderate green bars)
Action: Look for long entries on lower timeframe pullbacks
Background is tinted green, upward arrow appears
Example 2 - Ranging Market (Avoid):
Higher TF: +3 (weak green)
Mid TF: -1 (weak red)
Lower TF: +2 (neutral yellow)
Action: Stay out, wait for alignment
Example 3 - Trend Reversal Warning:
Higher TF: +7 (still green)
Mid TF: -3 (turned red)
Lower TF: -5 (strong red)
Action: Consider exiting longs, prepare for potential higher TF reversal
Customization Options:
Timeframes: Adjust all three to match your trading horizon
Indicator Toggles: Disable indicators that don't suit your instrument:
Disable RSI for highly volatile crypto markets
Disable SMA crossover for range-bound instruments
Keep ADX and Supertrend enabled for trending markets
Visual Preferences:
Arrow size: 5 options from Tiny to Huge
Gauge size: Small/Medium/Large for different screen sizes
Toggle arrows on/off if you only want the gauge
Alert Setup:
Right-click chart, "Add Alert"
Condition: MTC v6 - UPTREND or DOWNTREND
Get notified when multi-timeframe confirmation occurs
Best Practices:
Use with Price Action: The indicator works best when combined with support/resistance levels, chart patterns, and volume analysis
Risk Management: Even with multi-timeframe confirmation, always use stop losses
Market Context: Works best in trending markets; less reliable in strong consolidation
Backtesting: Test the default settings on your specific instrument and timeframe before live trading
Patience: Wait for full multi-timeframe alignment rather than taking premature signals
Technical Notes:
All calculations use Pine Script's security function to fetch data from multiple timeframes
Prevents repainting by using confirmed bar data
Gauge updates in real-time on the last bar
Daily labels mark at the open of each new daily candle
Works on all instruments and timeframes
This indicator is ideal for traders who want objective, systematic trend identification without the complexity of analyzing multiple indicators manually across different timeframes.
-NATANTIA
Trend Architect OverlaysOverview
Trend Architect Overlays is a comprehensive technical analysis suite that combines multiple advanced overlay indicators into a single tool. Designed for traders who want a clean, professional chart with powerful trend identification, dynamic channels, and intelligent candle coloring, this indicator adapts to your trading style with configurable components.
The indicator features four main components that work together to provide a complete market analysis framework:
Trend Cloud - Volatility-adaptive cloud for trend identification
Moving Average Ribbon - Dual moving average lines for dynamic support/resistance
B3AR's Super Channel - Multi-function channel with adaptive width
Intelligent Candle Coloring - Five different algorithms for visual trend analysis
Each component can be enabled or disabled independently, allowing you to create the perfect setup for your trading strategy.
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Color Profile System
Before diving into individual tools, it's important to understand the color profile system that unifies all visual elements of the indicator. Choose from 7 distinct color profiles. The selected color profile automatically applies to all indicator components, ensuring visual consistency across your chart.
Trend Cloud
What It Is
The Trend Cloud is an adaptive overlay that uses multiple moving averages to create a dynamic zone representing the market's trend strength and direction. Unlike traditional moving average clouds, this cloud automatically adjusts its width based on market momentum and volatility.
Not only does the Trend Cloud effectively identify trend direction, but it also acts as a strong support and resistance area.
How to Use It
1. Trend Identification: Use the cloud color and price position to identify the primary trend
2. Support/Resistance: The cloud edges act as dynamic support (in uptrends) and resistance (in downtrends)
3. Trend Strength: Monitor cloud width - expanding clouds suggest momentum building, contracting clouds suggest momentum fading
4. Entry Signals: Look for pullbacks to the cloud edge during strong trends
5. Exit Signals: Consider exits when price crosses through the cloud against the trend
Pro Tips
- Combine with Moving Average Ribbon for confluence at key levels
- Use the cloud as a "trend filter" - only take trades in the direction of the cloud color
- Watch for "cloud flips" (color changes) as potential trend reversal signals
- A relatively flat Trend Cloud can be interpreted as a ranging market
Moving Average Ribbon
What It Is
The Moving Average Ribbon consists of two Arnaud Legoux Moving Average (ALMA) lines that create a dynamic ribbon for identifying trend direction and strength. ALMA is known for its reduced lag and smoother response compared to traditional moving averages.
How It Works
Both lines use the same base length but different offset and sigma parameters to create a subtle separation that forms a ribbon. The space between them fills with color to create a visual ribbon effect.
How to Use It
1. Trend Direction: The ribbon color indicates the current trend direction
2. Dynamic Support/Resistance: The ribbon edges act as support in uptrends and resistance in downtrends
3. Momentum Gauge: Width between the lines indicates trend strength
4. Crossover Signals: When the lines cross, it suggests a potential trend change
5. Pullback Entries: Look for price to touch the ribbon during trends as entry opportunities
Pro Tips
- Lower ribbon length (10-15) for faster, more responsive signals on lower timeframes
- Higher ribbon length (30-50) for smoother signals on higher timeframes
- Use ribbon color as a "permission slip" - only take longs when ribbon is bullish
- Watch for price to "respect" the ribbon - bounces off the ribbon confirm trend strength
B3AR's Super Channel
What It Is
B3AR's Super Channel is an advanced dynamic channel that combines multiple momentum and volatility calculations into a single adaptive channel. The channel includes special highlights when price is especially overbought or oversold.
How to Use It
1. Dynamic Support/Resistance: Use channel lines as key levels for entries and exits
2. Overbought/Oversold: Price at channel extremes suggests potential mean reversion
3. Trend Confirmation: During strong trends, price will "ride" one edge of the channel
4. Breakout Detection**: Price breaking outside the channel suggests unusual strength/weakness
Pro Tips
- Use highlighted lines as extreme caution zones - reversals are likely
- Combine with Trend Cloud - when both agree, signals are stronger
- In ranging markets, fade extremes (buy at bottom, sell at top)
- In trending markets, use channel as trailing stop
- Increase ATR Distance in volatile markets, decrease in calm markets
Intelligent Candle Coloring
What It Is
Intelligent Candle Coloring replaces standard candle colors with algorithm-driven colors that reveal the underlying market structure. Five different methods are available, each analyzing different market characteristics.
Method 1 : None
Standard candle coloring - use this if you prefer traditional candle colors.
Method 2 : CVD Trend Algo (Rule-Based)
This method uses Cumulative Volume Delta (CVD) combined with Heikin Ashi smoothing and Kalman filtering to create a sophisticated trend-following color system.
Method 3 : CVD Trend Simple (Size-Based)
Similar to CVD Trend Algo but uses Z-score analysis instead of rules for color assignment.
Method 4 : CVD Raw
A simplified version that uses raw CVD percentile ranking for immediate visual feedback.
Method 5 : Volatility Adaptive
Uses Kaufman's Adaptive Moving Average to color candles based on adaptive trend strength.
How It Works:
- Calculates three KAMA lines (fast, medium, slow)
- Colors determined by the relationship between these KAMAs
Method 6: Trend Strength (TRAMA)
Uses Triangular Moving Average with ATR-based adaptation for trend strength analysis.
How It Works:
- Calculates three TRAMA lines (fast, medium, slow) that adapt to volatility
- Similar logic to KAMA method but more responsive to volatility changes
Pro Tips
- CVD methods work best on liquid assets with high volume
- Adaptive methods (KAMA/TRAMA) work better on trending markets
- Match the method to your timeframe: CVD Raw for scalping, CVD Trend Algo for swing trading
- Use weak colors as warnings - trend may be losing steam
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Credits and Disclaimers
This indicator combines numerous advanced technical analysis techniques into a cohesive overlay system. The B3AR's Super Channel component incorporates proprietary oscillator consensus methodology.
Disclaimer: This indicator is for educational and informational purposes only. It does not constitute financial advice. Past performance does not guarantee future results. Always conduct your own analysis and risk management before making trading decisions.
Fib and Slope Trend Detector [EWT] + MTF Dashboard🚀 Overview
The Momentum Structure Trend Detector is a sophisticated trend-following tool that combines Price Velocity (Slope) with Market Structure (Fibonacci) to identify high-probability trend reversals and continuations.
Unlike traditional indicators that rely heavily on lagging moving averages, this script analyzes the speed of price action in real-time. It operates on the core principle of market structure: Impulse moves are fast and steep, while corrections are slow and shallow.
🧠 The Logic: Physics Meets Market Structure
This indicator determines the trend direction by calculating the Slope (Velocity) of price swings.
ZigZag Calculation: It first identifies market swings (Highs and Lows) using a standard pivot detection algorithm.
Slope Calculation: It calculates the velocity of every completed leg using the formula: $Slope = \frac{|Price Change|}{|Time Duration|}$.
Trend Definition:
Uptrend : If the previous Up-move was fast (Impulse) and the subsequent Down-move is slower (Correction), the market is primed for an uptrend.
Downtrend : If the previous Down-move was fast (Impulse) and the subsequent Up-move is slower (Correction), the market is primed for a downtrend.
🔥 Key Features
1. Aggressive Real-Time Detection (No Lag)
Most structure indicators wait for a "Higher High" to confirm a trend, which often leads to late entries. This script uses an Aggressive Live Slope calculation:
It compares the current developing slope of the live price action against the slope of the previous completed leg.
Result: As soon as the current move becomes "steeper" (faster) than the previous correction, the trend flips immediately. This allows you to catch the "meat" of the move before a new pivot is even confirmed.
2. Fibonacci Validity Filter
Momentum alone isn't enough; we need structural integrity.
The script calculates the 78.6% Retracement level of the impulse leg.
If a correction moves deeper than this Fibonacci limit (on a closing basis), the trend structure is considered "broken" or "invalid," and the indicator switches to a Neutral state. This filters out choppy/ranging markets.
3. Multi-Timeframe (MTF) Dashboard
A customizable dashboard on the chart allows for fractal analysis. You can view the trend state (UP/DOWN/NEUTRAL) across 9 different timeframes (1m to 1M) simultaneously.
Green Row : Uptrend
Red Row : Downtrend
Gray : Neutral/Indeterminate
4. Smart Visuals
Background Colo r: Changes dynamically (Teal for Bullish, Red for Bearish, Gray for Neutral) to give you an instant read of the market state.
Slope Labels : Displays the calculated numeric slope on the chart, helping you visualize the momentum difference between impulse and corrective waves.
Invalidation Levels : Automatically plots the invalidation line (Stop Loss level) based on the market structure.
🛠️ Settings & Inputs
Strategy Settings
Pivot Deviation Length : Sensitivity of the ZigZag calculation (Default: 5). Lower numbers = more sensitive to small swings.
Max Retracement % : The Fibonacci limit for a valid correction (Default: 78.6%).
Min Bars for Live Calc : To prevent noise, the script waits for this many bars after a pivot before calculating the "Live Slope" (Default: 3).
Dashboard Settings
Show Dashboard : Toggle the table on/off.
Timeframe Toggles : Enable/Disable specific timeframes (1m, 5m, 15m, 30m, 1H, 4H, 1D, 1W, 1M) to suit your trading style.
🎯 How to Use
Wait for Background Change : When the background turns Teal, it indicates that a corrective pullback has ended and a new impulse with high velocity has begun.
Check Invalidation : Look at the plotted Stop Loss Level. If price closes below this line, the trade idea is invalid.
Confirm with Dashboard : Use the table to ensure the higher timeframes (e.g., 1H, 4H) align with your current chart's direction for higher probability setups.
Disclaimer : This tool is designed for trend analysis and educational purposes. Past performance (momentum) is not indicative of future results. Always manage your risk.
SOZAY Advanced Trend Lines v6“SOZAY Advanced Trend Lines v6”
It automatically draws on the chart:
Downtrends (pivot high → lower new high)
Uptrends (pivot low → higher new low)
It can place H (High) and L (Low) labels on pivot points.
The most recent trend line is solid, and older ones can be shown as dashed if you want.
To avoid too many lines, it only keeps the last X trends (you set this value).
What do the settings mean?
Left Bars / Right Bars
Defines how many bars to the left and right must be lower/higher for a bar to be considered a pivot.
Higher values = fewer but “bigger” trends.
Lower values = more frequent, shorter-term trends.
Maximum number of trends to draw
The maximum number of trend lines that will be kept on the chart (e.g. 50).
Show Pivot H / L labels
Turns the H and L labels on or off.
Draw downtrends (High)
Enables or disables downtrend lines that start from pivot highs.
Draw uptrends (Low)
Enables or disables uptrend lines that start from pivot lows.
Uptrend / Downtrend color
The colors of the lines (typically green for up, red for down).
Show old lines as dashed
The newest trend line is solid; the previous line(s) of the same type are shown as dashed.
In summary:
This script automatically draws all possible uptrends and downtrends using pivot logic so you don’t have to draw trend lines manually. You just use the settings to decide how selective it should be.
