Market Structure Trend Targets [ChartPrime]The Market Structure Trend Targets indicator is designed to identify trend direction and continuation points by marking significant breaks in price levels. This approach helps traders track trend strength and potential reversal points. The indicator uses previous highs and lows as breakout triggers, providing a visual roadmap for trend continuation or mean reversion signals.
⯁ KEY FEATURES AND HOW TO USE
⯌ Breakout Points with Numbered Markers :
The indicator identifies key breakout points where price breaks above a previous high (for uptrends) or below a previous low (for downtrends). The initial breakout (zero break) is marked with the entry price and a triangle icon, while subsequent breakouts within the trend are numbered sequentially (1, 2, 3…) to indicate trend continuation.
Example of breakout markers for uptrend and downtrend:
⯌ Percentage Change Display Option :
Traders can toggle on a setting to display the percentage change from the initial breakout point to each subsequent break level, offering an easy way to gauge trend momentum over time. This is particularly helpful for identifying how far price has moved in the current trend.
Percentage change example between break points:
⯌ Dynamic Stop Loss Levels :
In uptrends, the stop loss level is placed below the price to protect against downside moves. In downtrends, it is positioned above the price. If the price breaches the stop loss level, the indicator resets, indicating a potential end or reversal of the trend.
Dynamic stop loss level illustration in uptrend and downtrend:
⯌ Mean Reversion Signals :
The indicator identifies potential mean reversion points with diamond icons. In an uptrend, if the price falls below the stop loss and then re-enters above it, a diamond is plotted, suggesting a possible mean reversion. Similarly, in a downtrend, if the price moves above the stop loss and then falls back below, it indicates a reversion possibility.
Mean reversion diamond signals on the chart:
⯌ Trend Visualization with Colored Zones :
The chart background is shaded to visually represent trend direction, with color changes corresponding to uptrends and downtrends. This makes it easier to see overall market conditions at a glance.
⯁ USER INPUTS
Length : Defines the number of bars used to identify pivot highs and lows for trend breakouts.
Display Percentage : Option to toggle between showing sequential breakout numbers or the percentage change from the initial breakout.
Colors for Uptrend and Downtrend : Allows customization of color zones for uptrends and downtrends to match individual chart preferences.
⯁ CONCLUSION
The Market Structure Trend Targets indicator offers a strategic way to monitor market trends, track breakouts, and manage risk through dynamic stop loss levels. Its clear visual representation of trend continuity, alongside mean reversion signals, provides traders with actionable insights for both trend-following and counter-trend strategies.
Phân tích Xu hướng
Statistical Trend Analysis (Scatterplot) [BigBeluga]Statistical Trend Analysis (Scatterplot) provides a unique perspective on market dynamics by combining the statistical concept of z-scores with scatterplot visualization to assess price momentum and potential trend shifts.
🧿 What is Z-Score?
Definition: A z-score is a statistical measure that quantifies how far a data point is from the mean, expressed in terms of standard deviations.
In this Indicator:
A high positive z-score indicates the price is significantly above the average.
A low negative z-score indicates the price is significantly below the average.
The indicator also calculates the rate of change of the z-score, helping identify momentum shifts in the market.
🧿 Key Features:
Scatterplot Visualization:
Displays data points of z-score and its change across four quadrants.
Quadrants help interpret market conditions:
Upper Right (Strong Bullish Momentum): Most data points here signal an ongoing uptrend.
Upper Left (Weakening Momentum): Data points here may indicate a potential market shift or ranging market.
Lower Left (Strong Bearish Momentum): Indicates a dominant downtrend.
Lower Right (Trend Shift to Bullish/Ranging): Suggests weakening bearish momentum or an emerging uptrend.
Color-Coded Candles:
Candles are dynamically colored based on the z-score, providing a visual cue about the price's deviation from the mean.
Z-Score Time Series:
A line plot of z-scores over time shows price deviation trends.
A gray histogram displays the rate of change of the z-score, highlighting momentum shifts.
🧿 Usage:
Use the scatterplot and quadrant gauges to understand the current market momentum and potential shifts.
Monitor the z-score line plot to identify overbought/oversold conditions.
Utilize the gray histogram to detect momentum reversals and trend strength.
This tool is ideal for traders who rely on statistical insights to confirm trends, detect potential reversals, and assess market momentum visually and quantitatively.
Uptrick: Arbitrage OpportunityINTRODUCTION
This script, titled Uptrick: Arbitrage Monitor, is a Pine Script™ indicator that aims to help traders quickly visualize potential arbitrage scenarios across multiple cryptocurrency exchanges. Arbitrage, in general, involves taking advantage of price differences for the same asset across different trading platforms. By comparing market prices of the same symbol on two user-selected exchanges, as well as scanning a broader list of exchanges, this script attempts to signal areas where you might want to buy on one exchange and sell on another. It includes various graphical tools, calculations, and an optional Automated Detection signal feature, allowing users to incorporate more advanced data scanning into their trading decisions. Keep in mind that transaction fees must also be considered in real-world scenarios. These fees can negate potential profits and, in some cases, result in a net loss.
PURPOSE
The primary purpose of this indicator is to show potential percentage differences between the same cryptocurrency trading pairs on two different exchanges. This difference is displayed numerically, visually as a line chart, and it is also tested against user-defined thresholds. With the threshold in place, buy and sell signals can be generated. The script allows you to quickly gauge how significant a spread is between two exchanges and whether that spread surpasses a specified threshold. This is particularly useful for arbitrage trading, where an asset is bought at a lower price on one exchange and sold at a higher price on another, capitalizing on price discrepancies. By identifying these opportunities, traders can potentially secure profits across different markets.
WHY IT WAS MADE
This script was developed to help traders who frequently look for arbitrage opportunities in the fast-paced cryptocurrency market. Cryptocurrencies sometimes experience quick price divergences across different exchanges. By having an automated approach that compares and displays prices, traders can spend less time manually tracking price discrepancies and more time focusing on actual trading strategies. The script was also made with user customization in mind, allowing you to toggle an optional Automated-based approach and choose different moving average methods to smooth out the displayed price difference.
WHAT ARBITRAGE IS
Arbitrage is the practice of buying an asset on one market (or exchange) at a lower price and simultaneously selling it on another market where the price is higher, thus profiting from the price difference. In cryptocurrency markets, these price differentials can occur across multiple exchanges due to varying liquidity, trading volume, geographic factors, or market inefficiencies. Though sometimes small, these differences can be exploited for profit when approached methodically.
EXPLANATION OF INPUTS
The script includes a variety of user inputs that help tailor the indicator to your specific needs:
1. Compared Symbol 1: This is the primary symbol you want to track (for example, BTCUSDT). Make sure it's written in all capital and make sure that it's price from that exchange is available on Tradingview.
2. Compare Exchange 1: The first exchange on which the script will request pricing data for the chosen symbol.
3. Compared to Exchange: The second exchange, used for the comparison.
4. Opportunity Threshold (%): A percentage threshold that, when exceeded by the price difference, can trigger buy or sell signals.
5. Plot Style?: Allows you to choose between plotting the raw difference line or a moving average of that difference.
6. MA Type: Select among SMA, EMA, WMA, RMA, or HMA for your moving average calculation.
7. MA Length: The lookback period for the selected moving average.
8. Plot Buy/Sell Signals?: Enables or disables the plotting of arrows signaling potential buy or sell zones based on threshold crossovers.
9. Automated Detection?: Toggles an additional multi-exchange data scan feature that calculates the highest and lowest prices for the specified symbol across a predefined list of exchanges.
CALCULATIONS
At its core, the script calculates price1 and price2 using the request.security function to fetch close prices from two selected exchanges. The difference is measured as (price1 - price2) / price2 * 100. This results in a percentage that indicates how much higher or lower price1 is relative to price2. Additionally, the script calculates a slope for this difference, which helps color the line depending on whether it is trending up or down. If you choose the moving average option, the script will replace the raw difference data with one of several moving average calculations (SMA, EMA, WMA, RMA, or HMA).
The script also includes an iterative scan of up to 15 different exchanges for Automated detection, collecting the highest and lowest price across all those exchanges. If the Automated option is enabled, it compiles a potential recommendation: buy at the cheapest exchange price and sell at the most expensive one. The difference across all exchanges (allExDiffPercent) is calculated using (highestPriceAll - lowestPriceAll) / lowestPriceAll * 100.
WHAT AUTOMATED DETECTION SIGNAL DOES
If enabled, the Automated detection feature scans all 15 supported exchanges for the specified symbol. It then identifies the exchange with the highest price and the exchange with the lowest price. The script displays a recommended action: buy on the lowest-exchange price and sell on the highest-exchange price. While called “Automated,” it is essentially a multi-exchange data query that automates a portion of research by consolidating different price points. It does not replace thorough analysis or guaranteed execution; it simply provides an overview of potential extremes.
WHAT ALL-EX-DIFF IS
The variable allExDiffPercent is used to show the overall difference between the highest price and the lowest price found among the 15 pre-chosen exchanges. This figure can be useful for anyone wanting a big-picture view of how large the arbitrage spread might be across the broader market.
SIGNALS AND HOW THEY ARE GENERATED
The script provides two main modes of signal generation:
1. Raw Difference Mode: If the user chooses “Use Normal Line,” the script compares the percentage difference of the two selected exchanges (price1 and price2) to the user-defined threshold. When the difference crosses under the positive threshold, a sell signal is displayed (red arrow). Conversely, when the difference crosses above the negative threshold, a buy signal is displayed (green arrow).
2. Moving Average Mode: If the user selects “Use Moving Average,” the script instead references the moving average values (maValue). The signals fire under similar conditions but use the average line to gauge whether the threshold has been crossed.
HOW TO USE THE INDICATOR
1. Add the script to your chart in TradingView.
2. In the script’s settings panel, configure the symbol you wish to compare (for example, BTCUSDT), choose the two exchanges you want to evaluate, and set your desired threshold.
3. Optionally, pick a moving average type and length if you prefer a smoother representation of the difference.
4. Enable or disable buy/sell signals according to your preference.
5. If you’d like to see potential extremes among a broader list of exchanges, enable Automated Detection. Keep in mind that this feature runs additional security requests, so it might slow down performance on weaker devices or if you already have many scripts running.
EXCHANGES TO USE
The script currently supports up to 15 exchanges: BYBIT, BINANCE, MEXC, BLOFIN, BITGET, OKX, KUCOIN, COINBASE, COINEX, PHEMEX, POLONIEX, GATEIO, BITSTAMP, and KRAKEN. You can choose any two of these for direct comparison, and if you enable the Automated detection, it will attempt to query them all to find extremes in real time.
VISUALS
The exchanges and current prices & differences are all plotted in the table while the colored line represents the difference in the price. The two thresholds colored red are where signals are generated. A cross below the upper threshold is a sell signal and a cross above the lower threshold is a buy signal. In the line at the bottom, purple is a negative slope and aqua is a positive slope.
LIMITATIONS AND POTENTIAL PROBLEMS
If you enable too many visual elements such as signals, additional lines, and the Automated-based scanning table, you may find that your chart becomes cluttered, or text might overlap. One workaround is to remove and reapply the indicator to refresh its display. You may also want to reduce the number of displayed table rows by disabling some features if your chart becomes too crowded. Sometimes there might be an error that the price of an asset is not available on an exchange, to fix this, go and select another exchange to compare it to, or if it happens in Automated detection, choose a different asset, ideally more widely spread.
UNIQUENESS
This indicator stands out due to its multifaceted approach: it doesn’t just look at two exchanges but optionally scans up to 15 exchanges in real time, presenting users with a much broader view of the market. The dual-mode system (raw difference vs. moving average) allows for both immediate, unfiltered signals and smoother, noise-reduced signals depending on user preference. By default, it introduces dynamic visual cues through color changes when the slope of the difference transitions upward or downward. The optional Automated detection, while not a deep learning system, adds a functional intelligence layer by collating extreme price points from multiple exchanges in one place, thereby streamlining the manual research process. This combination of features gives the script a unique edge in the TradingView ecosystem, catering equally to novices wanting a straightforward approach and to advanced users looking for an aggregated multi-exchange analysis.
CONCLUSION
Uptrick: Arbitrage Monitor is a versatile and customizable Pine Script™ indicator that highlights price differences for a specified symbol between two user-selected exchanges. Through signals, threshold-based alerts, and optional Automated detection across multiple exchanges, it aims to support traders in identifying potential arbitrage opportunities quickly and efficiently. This script makes no guarantees of profitability but can serve as a valuable tool to add to your trading toolkit. Always use caution when implementing arbitrage strategies, and be mindful of market risks, exchange fees, and latency.
ADDITIONAL DISCLOSURES
This script is provided for educational and informational purposes only. It does not constitute financial advice or a guarantee of performance. Users are encouraged to conduct thorough research and consider the inherent risks of arbitrage trading. Market conditions can change rapidly, and orders may fail to execute at desired prices, especially when large price discrepancies attract competition from other traders.
Twenty-Trend -Boxes (20 Trend)"The 20-Trend indicator is a comprehensive trend-following tool designed primarily for equity markets, focusing on identifying and tracking bullish trends. It integrates price channels, moving averages, volatility-based analysis, and volume dynamics to detect potential breakouts and pyramiding opportunities.
Key features include:
Volatility-based channels: Dynamic price channels calculated using ATR (Average True Range), adapting to market volatility.
Multi-timeframe trend detection: Offers a built-in overview of daily, weekly, and monthly trends for a complete market perspective.
Breakout detection: Identifies price action escaping resistance levels, signaling potential entries.
Pyramiding logic: Highlights opportunities to scale into positions with customizable thresholds for gains and maximum additions.
Visual aids: A "Boxes" system highlights price ranges, key support/resistance zones, and trend direction through intuitive color-coding.
Fully customizable settings: The indicator allows full adjustment of ATR length, price channel factor, box length, and filter channel settings.
While fully customizable, the recommended settings are ATR = 14, Boxes Length = 20, Factor = 2, and Filter Channel = 100.
Complementary tool: For efficient position sizing and risk management, this indicator pairs seamlessly with the Risk Management Table indicator, designed to optimize position control.
This indicator is best suited for trending stocks but can also be applied to other markets exhibiting strong directional movement. With its user-friendly settings, it adapts to various trading styles while maintaining a focus on bullish trends.
Note: This tool is optimized for tracking bullish trends and is not intended for shorting or bearish trend analysis."
Profitability Visualization with Bid-Ask Spread ApproximationOverview
The " Profitability Visualization with Bid-Ask Spread Approximation " indicator is designed to assist traders in assessing potential profit and loss targets in relation to the current market price or a simulated entry price. It provides flexibility by allowing users to choose between two methods for calculating the offset from the current price:
Bid-Ask Spread Approximation: The indicator attempts to estimate the bid-ask spread by using the highest (high) and lowest (low) prices within a given period (typically the current bar or a user-defined timeframe) as proxies for the ask and bid prices, respectively. This method provides a dynamic offset that adapts to market volatility.
Percentage Offset: Alternatively, users can specify a fixed percentage offset from the current price. This method offers a consistent offset regardless of market conditions.
Key Features
Dual Offset Calculation Methods: Choose between a dynamic bid-ask spread approximation or a fixed percentage offset to tailor the indicator to your trading style and market analysis.
Entry Price Consideration: The indicator can simulate an entry price at the beginning of each trading session (or the first bar on the chart if no sessions are defined). This feature enables a more realistic visualization of potential profit and loss levels based on a hypothetical entry point.
Profit and Loss Targets: When the entry price consideration is enabled, the indicator plots profit target (green) and loss target (red) lines. These lines represent the price levels at which a trade entered at the simulated entry price would achieve a profit or incur a loss equivalent to the calculated offset amount.
Offset Visualization: Regardless of whether the entry price is considered, the indicator always displays upper (aqua) and lower (fuchsia) offset lines. These lines represent the calculated offset levels based on the chosen method (bid-ask approximation or percentage offset).
Customization: Users can adjust the percentage offset, toggle the bid-ask approximation and entry price consideration, and customize the appearance of the lines through the indicator's settings.
Inputs
useBidAskApproximation A boolean (checkbox) input that determines whether to use the bid-ask spread approximation (true) or the percentage offset (false). Default is false.
percentageOffset A float input that allows users to specify the percentage offset to be used when useBidAskApproximation is false. The default value is 0.63.
considerEntryPrice A boolean input that enables the consideration of a simulated entry price for calculating and displaying profit and loss targets. Default is true.
Calculations
Bid-Ask Approximation (if enabled): bidApprox = request.security(syminfo.tickerid, timeframe.period, low) Approximates the bid price using the lowest price (low) of the current period. askApprox = request.security(syminfo.tickerid, timeframe.period, high) Approximates the ask price using the highest price (high) of the current period. spreadApprox = askApprox - bidApprox Calculates the approximate spread.
Offset Amount: offsetAmount = useBidAskApproximation ? spreadApprox / 2 : close * (percentageOffset / 100) Determines the offset amount based on the selected method. If useBidAskApproximation is true, the offset is half of the approximated spread; otherwise, it's the current closing price (close) multiplied by the percentageOffset.
Entry Price (if enabled): var entryPrice = 0.0 Initializes a variable to store the entry price. if considerEntryPrice Checks if entry price consideration is enabled. if barstate.isnew Checks if the current bar is the first bar of a new session. entryPrice := close Sets the entryPrice to the closing price of the first bar of the session.
Profit and Loss Targets (if entry price is considered): profitTarget = entryPrice + offsetAmount Calculates the profit target price level. lossTarget = entryPrice - offsetAmount Calculates the loss target price level.
Plotting
Profit Target Line: Plotted in green (color.green) with a dashed line style (plot.style_linebr) and increased linewidth (linewidth=2) when considerEntryPrice is true.
Loss Target Line: Plotted in red (color.red) with a dashed line style (plot.style_linebr) and increased linewidth (linewidth=2) when considerEntryPrice is true.
Upper Offset Line: Always plotted in aqua (color.aqua) to show the offset level above the current price.
Lower Offset Line: Always plotted in fuchsia (color.fuchsia) to show the offset level below the current price.
Limitations
Approximation: The bid-ask spread approximation is based on high and low prices and may not perfectly reflect the actual bid-ask spread of a specific broker, especially during periods of high volatility or low liquidity.
Simplified Entry: The entry price simulation is basic and assumes entry at the beginning of each session. It does not account for specific entry signals or order types.
No Order Execution: This indicator is purely for visualization and does not execute any trades.
Data Discrepancies: The high and low values used for approximation might not always align with real-time bid and ask prices due to differences in data aggregation and timing between TradingView and various brokers.
Disclaimer
This indicator is for educational and informational purposes only and should not be considered financial advice. Trading involves substantial risk, and past performance is not indicative of future results. Always conduct thorough research and consider your own risk tolerance before making any trading decisions. It is recommended to combine this indicator with other technical analysis tools and a well-defined trading strategy.
Super Billion VVIPThis Pine Script code is an advanced script designed for TradingView. It integrates supply and demand zones, price action labels, zigzag lines, and a modified ATR-based SuperTrend indicator. Here's a breakdown of its key components:
Key Features
Supply and Demand Zones:
Automatically identifies and plots supply (resistance) and demand (support) zones using swing highs and lows.
Zones are extended dynamically and updated based on market movements.
Prevents overlapping zones by ensuring a minimum ATR-based buffer.
Zigzag Indicator:
Adds zigzag lines to connect significant swing highs and lows.
Helps identify market trends and potential turning points.
SuperTrend Indicator:
A trend-following component using ATR (Average True Range) with configurable periods and multipliers.
Provides buy and sell signals based on trend changes.
Includes alerts for trend direction changes.
Swing High/Low Labels:
Labels significant price action points as "HH" (Higher High), "LL" (Lower Low), etc., for easy visual reference.
Customizable Visuals:
Allows users to customize colors, label visibility, box widths, and more through inputs.
Alerts:
Generates alerts for buy/sell signals and trend direction changes.
Inputs and Settings
Supply and Demand Settings:
Swing length, zone width, and history size.
Visual Settings:
Toggle zigzag visibility, label colors, and highlight styles.
SuperTrend Settings:
ATR periods, multiplier, and signal visibility.
How to Use
Copy the script into the Pine Editor on TradingView.
Customize the input settings as per your trading strategy.
Add the script to your chart to visualize zones, trends, and signals.
Set alerts for buy/sell signals or trend changes.
Notes
Ensure the script complies with TradingView’s limitations (e.g., max objects).
Fine-tune settings based on the asset's volatility and timeframe.
Let me know if you need help optimizing or further explaining specific parts!
Dead Zone HighlighterDead Zone Highlighter: A precise tool for marking low-probability trading zones between the daily open and the last 15-minute close of the first 2 hours. Simplify your decision-making by identifying non-trading zones with clear visual cues.
Trend Retracement IndicatorTrend Retracement Indicator
Cet indicateur identifie les opportunités d'achat en trois étapes :
Détection de la tendance : Utilise une moyenne mobile simple (SMA) pour déterminer si le marché est en tendance haussière.
Zone de retracement : Calcule une zone discount basée sur les plus hauts et les plus bas des 100 dernières périodes (paramétrable) et un niveau de retracement ajustable (par défaut à 50 %).
Confirmation du retournement : Vérifie un retournement dans la zone de retracement avec un volume supérieur à 1.5 fois la moyenne sur les 10 dernières périodes.
Affichage sur le graphique
Zones clés :
Plus haut : Ligne rouge.
Plus bas : Ligne verte.
Zone de retracement : Ligne bleue.
Signal d'achat : Flèche orientée vers le haut sous les bougies.
Personnalisation
Les paramètres sont ajustables pour s'adapter à votre stratégie :
Période pour les calculs des plus hauts et bas.
Niveau de retracement (exprimé en pourcentage).
Seuil de volume pour confirmer un retournement.
Cet indicateur est idéal pour les traders utilisant des zones de discount/premium et souhaitant intégrer le volume comme critère de validation.
PARAMETRE IDEAL
Période 120
Retracement 0,5
Seuil de volume 1.8
Mera khass indicatorSupport and Resistance Channel:
Support Line: This is drawn at the lowest low over the lookback period.
Resistance Line: This is drawn at the highest high over the lookback period.
Both are represented as dotted lines on the chart for better visualization.
Entry Points (Buy/Sell):
Buy: Triggered when the candle is bullish, price is above support, and RSI is in the oversold region (below 30).
Sell: Triggered when the candle is bearish, price is below resistance, and RSI is in the overbought region (above 70).
Exit Points:
Exit Long: Triggered when the price falls below the lowest low over the trendLookback period or if RSI crosses above the overbought level (above 70).
Exit Short: Triggered when the price rises above the highest high over the trendLookback period or if RSI crosses below the oversold level (below 30).
Channel Visualization:
Support and resistance are drawn dynamically as dotted lines that adjust with price.
Signal Alerts:
Alerts are set for Buy, Sell, Exit Long, and Exit Short signals.
Expected Behavior:
Buy signals (green triangles) will appear below the bars when a bullish candle forms, the price is above support, and the RSI is oversold.
Sell signals (red triangles) will appear above the bars when a bearish candle forms, the price is below resistance, and the RSI is overbought.
Exit signals (blue and orange crosses) will appear when it is time to exit based on trend changes or RSI crossing the threshold.
How to Test:
Apply this script to a 15-minute chart (or your preferred timeframe).
Observe the buy/sell signals in relation to the support and resistance levels.
Watch the exit points to check how well the strategy works with the trend and RSI.
Adjust the parameters as needed, such as candleSizeFactor, rsiPeriod, lookback, etc.
This should now give you a more refined visualization and strategy logic that includes entry/exit points, channels for support/resistance, and takes the candlestick patterns, trend analysis, RSI, and CHoCH into account. Let me know if you'd like any further adjustments!
Nimu Market on DemandNimu Market On Demand is an innovative tool designed to provide a visual representation of market demand levels on a scale of 1 to 100. This scale is displayed at specific intervals , making it easy for users to understand market demand fluctuations in real time.
To enhance analysis, Nimu Market On Demand also incorporates the Relative Strength Index (RSI) with key thresholds at . RSI is a widely-used technical indicator that measures market strength and momentum, offering insights into overbought (excessive buying) or oversold (excessive selling) conditions.
The combination of the Demand graph and RSI enables users to:
Identify the right time to buy when the RSI falls below 30, signaling an oversold condition.
Determine the optimal time to sell when the RSI rises above 70, indicating an overbought condition.
With an integrated visualization, users can effortlessly observe demand patterns and combine them with RSI signals to make smarter and more strategic trading decisions. This tool is designed to help traders and investors maximize opportunities in a dynamic market environment.
RSI, Stochastic, Stochastic RSIThis indicator combines three popular oscillators: the RSI, Stochastic, and the Stochastic RSI. When combined, they can identify powerful buying and selling opportunities.
The RSI line acts as a visual signal by changing colors based on market conditions. It turns green when all three oscillators are in oversold territory and red when all three are overbought. When neither condition is met, it remains gray.
Simple but effective. For optimal visibility, I recommend hiding the "D" values in the settings and increasing the thickness of the RSI line to better spot the red and green signals.
Precision Matrix Strategy (PMS)The Precision Matrix Strategy is a comprehensive, multi-tool approach to market analysis that integrates four powerful indicators—Renko charts, RSI (Relative Strength Index), ADX (Average Directional Index), and Market Profile. This strategy leverages the unique strengths of each tool to provide traders with a holistic view of price action, trend strength, momentum, and key market levels.
Key Components:
1. Renko Charts: Filter out market noise and focus on clear price trends and reversals. Renko’s block-based approach highlights breakout zones and trend continuation patterns.
2. RSI (Relative Strength Index): Measures overbought or oversold conditions, helping identify momentum shifts and potential entry or exit points.
3. ADX (Average Directional Index): Evaluates trend strength, distinguishing between trending and range-bound markets.
4. Market Profile: Analyzes volume distribution and identifies value areas, points of control, and key support and resistance levels.
Advantages:
• Trend Confirmation: Renko and ADX work together to validate strong trends, reducing false signals.
• Momentum Analysis: RSI pinpoints high-probability entry and exit zones, enhancing timing accuracy.
• Key Levels Identification: Market Profile provides a detailed understanding of areas where significant buying or selling activity occurs.
• Noise Reduction: The combination minimizes irrelevant data, allowing traders to focus on actionable signals.
Best Suited For:
• Day traders and swing traders seeking a structured approach to trend and momentum trading.
• Markets with moderate to high volatility where trend and volume levels are critical.
By uniting these tools in a structured framework, the Precision Matrix Strategy empowers traders to make data-driven decisions with clarity and confidence.
Stochastic RSI + Volume Osc + BBTrend + ATRThis Pine Script strategy integrates multiple technical indicators to automate trading decisions on TradingView. It focuses on identifying long trade opportunities using Stochastic RSI, Volume Oscillator, and BBTrend while managing risk through ATR (Average True Range) for stop-loss and trailing stop calculations.
AVI (avi indicator)MACD is lagging indicator but this is not. this is spot indicator. For any query ask me Email Me
Volume Candle Colors RKA script that changes the color of the candle to blue when the volume of the current candle is more than 5 times the Average volume of the previous number of candles on different timeframes. The color of the candle is grey when the volume is less than the average volume of the last number of candles. In a bullish trend, color of the candle is green, and in a bearish trend, color is red. additionally the 9 EMA and the 20 EMA are on the chart. all these features are customizable and variable with different timeframes.
How It Works
Volume-Based Candle Coloring:
Blue Candle:
Checks if the current volume is greater than volumeMultiplier (e.g., 5x) the highest volume of the last nCandles.
Gray Candle:
Compares the current volume with the average volume over the last avgVolumePeriod candles.
If the current volume is lower, the candle is colored gray.
Trend-Based Candle Coloring:
Bullish Trend (Red Candle):
The current close price is greater than the SMA of the last trendPeriod candles.
Bearish Trend (Green Candle):
The current close price is less than the SMA of the last trendPeriod candles.
Exponential Moving Averages (EMAs):
9 EMA (short-term trend) helps identify quick price momentum shifts.
20 EMA (medium-term trend) smoothens price movements and identifies general market direction.
These EMAs can act as dynamic support and resistance levels.
How to Use
Apply this indicator to any chart (e.g., stocks, forex, crypto).
Adjust the timeframe and parameters to fit your trading strategy.
Interpretation:
Blue Candles indicate high activity moments (potential breakouts or reversals).
Gray Candles signify low activity, often seen in consolidation phases.
Red Candles confirm a bullish trend, suggesting potential buy opportunities.
Green Candles confirm a bearish trend, suggesting potential sell opportunities.
EMA Guidance:
Use the 9 EMA for quick decisions in fast markets.
Use the 20 EMA to confirm broader market trends and avoid whipsaws.
Special indicator CHoCH, Trend, Candlestick, RSI, Channel, S&DBuy and Sell Signal Conditions: We now combine multiple conditions like candlestick patterns, trend analysis (CHoCH), and support/resistance to generate valid buy and sell signals.
RSI Confirmation: RSI is used only as confirmation for the signals and is not the sole condition for generating a signal.
Entry Points: Buy and sell signals will appear only when the conditions are met.
Exit Points: Exit points are displayed using plotshape when conditions like trend reversal or opposite signals occur.
How this script works:
Buy Signals are generated when a bullish candlestick or bullish pin bar occurs at or above a support level, and the market is in an uptrend with a bullish CHoCH. The RSI must also be in the oversold region for confirmation.
Sell Signals are generated when a bearish candlestick or bearish pin bar occurs at or below a resistance level, and the market is in a downtrend with a bearish CHoCH. The RSI must also be in the overbought region for confirmation.
Exit signals are generated if the opposite trend occurs or if the price moves beyond the support or resistance levels.
Support and Resistance Lines are drawn to help you visualize potential entry and exit zones.
Next Steps:
You can now test this on your chart to see the buy and sell signals generated.
If you still face any issues with the strategy, let me know so we can troubleshoot and refine it further.
HenkieThee || Dema-Median CrossoverHenkieThee || Dema-Median Crossover
This indicator uses a Double Exponential Moving Average (DEMA) alongside a Median filter to highlight potential shifts in price momentum. When the DEMA crosses above the Median, it signals a bullish trend bias; when it crosses below, it signals a bearish bias.
Key Features
Custom Lengths: Fine-tune both DEMA and Median lengths to adapt to different market conditions or timeframes.
Dynamic Visuals: Background coloring helps you quickly recognize bullish (green) or bearish (red) zones on your chart.
Multiple Sources: Choose your own input sources (e.g., low, hl2) for DEMA or Median calculations.
User-Friendly: The script is designed to be easy to understand and integrate into various trading strategies.
How to Use
Add the indicator to your TradingView chart and select your preferred timeframe.
Adjust Henkiethee_demaleng and Henkiethee_medianleng to suit your trading style and target market.
Look for bullish or bearish crossovers as potential signals; confirm with other technical or fundamental analysis tools.
Disclaimer
This script is for educational and informational purposes only. Do your own research and utilize proper risk management before making any trading decisions.
Sell Indicator By WasikEnjoy! I have made this indicator to catch the downtrend for a small timeframe ( eg: 5 min ). It will show you the trend when to sell your positions. Hooray!!!!
SMA Crossover SignalsThis Script is designed to identify and visually highlight trading signals based on the crossover of two simple moving averages (SMAs) and the relationship between the price and a third SMA. Here's what the script does:
Simple Moving Averages:
Calculates three SMAs:
8-period SMA (sma8): Short-term moving average.
20-period SMA (sma20): Mid-term moving average.
50-period SMA (sma50): Used to determine the overall trend.
Signal Generation:
Buy Signal: A "BUY SIGNAL" is generated and labeled when:
The 8 SMA crosses above the 20 SMA.
The closing price is above the 50 SMA (indicating an uptrend).
Sell Signal: A "SELL SIGNAL" is generated and labeled when:
The 8 SMA crosses below the 20 SMA.
The closing price is below the 50 SMA (indicating a downtrend).
Visual Elements:
SMA Plots:
The 8 SMA is plotted in blue.
The 20 SMA is plotted in red.
Labels:
"BUY SIGNAL" labels are placed above the high of the corresponding bar, in green, with reduced font size.
"SELL SIGNAL" labels are placed below the low of the corresponding bar, in red, with reduced font size.
Background Coloring:
The background is shaded green when the price is above the 50 SMA.
The background is shaded red when the price is below the 50 SMA.
Purpose:
This script is intended to help traders quickly identify buy and sell opportunities based on moving average crossovers and the trend as defined by the 50 SMA. The visual cues make it easier to see the current trend and possible entry or exit points.
This script can be applied to any chart on TradingView to analyze the market conditions and assist in making trading decisions.
Trend-Based Tops and BottomsTrend-Based Tops and Bottoms - Description Détaillée
Cet indicateur, souvent utilisé pour repérer des configurations importantes de tendance sur le graphique, est conçu pour identifier les points hauts et bas de tendance. Contrairement à un simple suivi des plus hauts et bas locaux (comme avec les retracements de Fibonacci), cet indicateur se base sur des règles spécifiques de confirmation de tendance pour déceler des sommets et creux pertinents. Voici les détails :
Fonctionnalités Principales
Détection des Sommets et Creux Basés sur la Tendance :
Identifie automatiquement les tournants significatifs de la tendance selon une logique de confirmation :
Un sommet est confirmé lorsque le prix baisse après un point haut, atteignant un niveau inférieur.
Un creux est confirmé lorsque le prix monte après un point bas, atteignant un niveau supérieur.
Flexibilité des Paramètres :
L’utilisateur peut définir des seuils spécifiques pour identifier un sommet ou un creux, comme :
Le nombre de bougies avant de confirmer une cassure.
L’amplitude minimale du mouvement en pourcentage ou en points.
Affichage Visuel Direct sur le Graphique :
Trace des icônes distinctes (comme des triangles ou des cercles) pour marquer les sommets (hauts) et les creux (bas).
Adaptation Multi-Temporalité :
Convient à toutes les unités de temps (Daily, 15H, 4H, etc.) et s’ajuste automatiquement à la période choisie.
Signalisation des Points Importants :
Fournit des alertes ou marqueurs visuels pour les sommets ou creux de tendance confirmés.
Utilisation Pratique
Détection des Points de Retournement :
Les sommets et creux identifiés peuvent être utilisés pour prévoir des retournements potentiels de tendance.
Planification de Stratégies :
Sert de base pour des stratégies comme les cassures de ligne de tendance ou les retracements.
Support à l’Analyse Technique :
Complète d’autres outils comme les supports/résistances, les bandes de Bollinger, ou les oscillateurs.
Explications Techniques
L’indicateur fonctionne selon les principes suivants :
Sommets de Tendance (Tops) :
Un sommet est confirmé lorsque :
Le prix atteint un point haut local.
Le prix baisse ensuite en cassant une structure ascendante.
L’amplitude de la baisse est supérieure à un seuil configurable.
Creux de Tendance (Bottoms) :
Un creux est confirmé lorsque :
Le prix atteint un point bas local.
Le prix monte ensuite en cassant une structure descendante.
L’amplitude de la hausse est supérieure à un seuil configurable.
Paramètres Personnalisables :
L’utilisateur peut ajuster les paramètres suivants :
Lookback Periods : Nombre de bougies analysées pour repérer les sommets/creux.
Thresholds : Niveau minimal de changement de prix (en pourcentage ou points).
Bougies de Confirmation : Nombre de bougies nécessaires pour confirmer un sommet ou un creux.
Visualisation sur le Graphique :
Les sommets sont marqués par des icônes (par exemple, des triangles rouges).
Les creux sont marqués par d’autres icônes (par exemple, des triangles verts).
ZigZag-FibBu kod, Zig Zag indikatörü ile Fiyat değişimlerinin %5'lik bir sapması ve 200 pivot ayağı gibi ayarlarla Zig Zag indikatörünü oluşturur ve günceller.
Buna istinaden Zig Zag indikatörünü kullanarak en yüksek ve en düşük noktaları tespit eder ve bu noktalar için belirli Fibonacci seviyelerinde ( Fib 0,618 - 1 ) hesaplamalar yapmaktır.
Grafikte olduğu gibi Zig Zag indikatörü en yüksek ( fiyat 51,35 ) noktayı işaretledikten sonra oluşan ilk 5 mumda düşeceği noktadaki fib seviyelerini ( fiyat 38,9 -34,44 ) buy alanı olarak değerlendirilebilir. Buy yaptığımız mum ile de tp seviyesi fib ile belirlenebilir. Aynı işlem düşüş pozisyonu içinde uygulanabilir.
