Target Trend [BigBeluga]The Target Trend indicator is a trend-following tool designed to assist traders in capturing directional moves while managing entry, stop loss, and profit targets visually on the chart. Using adaptive SMA bands as the core trend detection method, this indicator dynamically identifies shifts in trend direction and provides structured exit points through customizable target levels.
SP500:
🔵 IDEA
The Target Trend indicator’s concept is to simplify trade management by providing automated visual cues for entries, stops, and targets directly on the chart. When a trend change is detected, the indicator prints an up or down triangle to signal entry direction, plots three customizable target levels for potential exits, and calculates a stop-loss level below or above the entry point. The indicator continuously adapts as price moves, making it easier for traders to follow and manage trades in real time.
When price crosses a target level, the label changes to a check mark, confirming that the target has been achieved. Similarly, if the stop-loss level is hit, the label changes to an "X," and the line becomes dashed, indicating that the stop loss has been activated. This feature provides traders with a clear visual trail of whether their targets or stop loss have been hit, allowing for easier trade tracking and exit strategy management.
🔵 KEY FEATURES & USAGE
SMA Bands for Trend Detection: The indicator uses adaptive SMA bands to identify the trend direction. When price crosses above or below these bands, a new trend is detected, triggering entry signals. The entry point is marked on the chart with a triangle symbol, which updates with each new trend change.
Automated Targets and Stop Loss Management: Upon a new trend signal, the indicator automatically plots three price targets and a stop loss level. These levels provide traders with structured exit points for potential gains and a clear risk limit. The stop loss is placed below or above the entry point, depending on the trend direction, to manage downside risk effectively.
Visual Target and Stop Loss Validation: As price hits each target, the label beside the level updates to a check mark, indicating that the target has been reached. Similarly, if the stop loss is activated, the stop loss label changes to an "X," and the line becomes dashed. This feature visually confirms whether targets or stop losses are hit, simplifying trade management.
The indicator also marks the entry price at each trend change with a label on the chart, allowing traders to quickly see their initial entry point relative to current price and target levels.
🔵 CUSTOMIZATION
Trend Length: Set the lookback period for the trend-detection SMA bands to adjust the sensitivity to trend changes.
Targets Setting: Customize the number and spacing of the targets to fit your trading style and market conditions.
Visual Styles: Adjust the appearance of labels, lines, and symbols on the chart for a clearer view and personalized layout.
🔵 CONCLUSION
The Target Trend indicator offers a streamlined approach to trend trading by integrating entry, target, and stop loss management into a single visual tool. With automatic tracking of target levels and stop loss hits, it helps traders stay focused on the current trend while keeping track of risk and reward with minimal effort.
Phân tích Xu hướng
RBF Kijun Trend System [InvestorUnknown]The RBF Kijun Trend System utilizes advanced mathematical techniques, including the Radial Basis Function (RBF) kernel and Kijun-Sen calculations, to provide traders with a smoother trend-following experience and reduce the impact of noise in price data. This indicator also incorporates ATR to dynamically adjust smoothing and further minimize false signals.
Radial Basis Function (RBF) Kernel Smoothing
The RBF kernel is a mathematical method used to smooth the price series. By calculating weights based on the distance between data points, the RBF kernel ensures smoother transitions and a more refined representation of the price trend.
The RBF Kernel Weighted Moving Average is computed using the formula:
f_rbf_kernel(x, xi, sigma) =>
math.exp(-(math.pow(x - xi, 2)) / (2 * math.pow(sigma, 2)))
The smoothed price is then calculated as a weighted sum of past prices, using the RBF kernel weights:
f_rbf_weighted_average(src, kernel_len, sigma) =>
float total_weight = 0.0
float weighted_sum = 0.0
// Compute weights and sum for the weighted average
for i = 0 to kernel_len - 1
weight = f_rbf_kernel(kernel_len - 1, i, sigma)
total_weight := total_weight + weight
weighted_sum := weighted_sum + (src * weight)
// Check to avoid division by zero
total_weight != 0 ? weighted_sum / total_weight : na
Kijun-Sen Calculation
The Kijun-Sen, a component of Ichimoku analysis, is used here to further establish trends. The Kijun-Sen is computed as the average of the highest high and the lowest low over a specified period (default: 14 periods).
This Kijun-Sen calculation is based on the RBF-smoothed price to ensure smoother and more accurate trend detection.
f_kijun_sen(len, source) =>
math.avg(ta.lowest(source, len), ta.highest(source, len))
ATR-Adjusted RBF and Kijun-Sen
To mitigate false signals caused by price volatility, the indicator features ATR-adjusted versions of both the RBF smoothed price and Kijun-Sen.
The ATR multiplier is used to create upper and lower bounds around these lines, providing dynamic thresholds that account for market volatility.
Neutral State and Trend Continuation
This indicator can interpret a neutral state, where the signal is neither bullish nor bearish. By default, the indicator is set to interpret a neutral state as a continuation of the previous trend, though this can be adjusted to treat it as a truly neutral state.
Users can configure this setting using the signal_str input:
simple string signal_str = input.string("Continuation of Previous Trend", "Treat 0 State As", options = , group = G1)
Visual difference between "Neutral" (Bottom) and "Continuation of Previous Trend" (Top). Click on the picture to see it in full size.
Customizable Inputs and Settings:
Source Selection: Choose the input source for calculations (open, high, low, close, etc.).
Kernel Length and Sigma: Adjust the RBF kernel parameters to change the smoothing effect.
Kijun Length: Customize the lookback period for Kijun-Sen.
ATR Length and Multiplier: Modify these settings to adapt to market volatility.
Backtesting and Performance Metrics
The indicator includes a Backtest Mode, allowing users to evaluate the performance of the strategy using historical data. In Backtest Mode, a performance metrics table is generated, comparing the strategy's results to a simple buy-and-hold approach. Key metrics include mean returns, standard deviation, Sharpe ratio, and more.
Equity Calculation: The indicator calculates equity performance based on signals, comparing it against the buy-and-hold strategy.
Performance Metrics Table: Detailed performance analysis, including probabilities of positive, neutral, and negative returns.
Alerts
To keep traders informed, the indicator supports alerts for significant trend shifts:
// - - - - - ALERTS - - - - - //{
alert_source = sig
bool long_alert = ta.crossover (intrabar ? alert_source : alert_source , 0)
bool short_alert = ta.crossunder(intrabar ? alert_source : alert_source , 0)
alertcondition(long_alert, "LONG (RBF Kijun Trend System)", "RBF Kijun Trend System flipped ⬆LONG⬆")
alertcondition(short_alert, "SHORT (RBF Kijun Trend System)", "RBF Kijun Trend System flipped ⬇Short⬇")
//}
Important Notes
Calibration Needed: The default settings provided are not optimized and are intended for demonstration purposes only. Traders should adjust parameters to fit their trading style and market conditions.
Neutral State Interpretation: Users should carefully choose whether to treat the neutral state as a continuation or a separate signal.
Backtest Results: Historical performance is not indicative of future results. Market conditions change, and past trends may not recur.
Zig Zag with Adaptive ProjectionThe "Zig Zag with Adaptive Projection" is an advanced technical analysis tool designed for TradingView's Pine Script platform. This indicator builds upon the traditional ZigZag concept by incorporating adaptive projection capabilities, offering traders a more sophisticated approach to identifying significant price movements and forecasting potential future price levels.
At its core, the indicator utilizes a user-defined period to calculate and display the ZigZag pattern on the chart. This pattern connects significant highs and lows, effectively filtering out minor price fluctuations and highlighting the overall trend structure. Users can customize the appearance of the ZigZag lines, including their color, style (solid, dashed, or dotted), and width, allowing for easy visual integration with other chart elements.
What sets this indicator apart is its adaptive projection feature. By analyzing historical ZigZag patterns, the indicator calculates average lengths and slopes of both bullish and bearish trends. This data is then used to project potential future price movements, adapting to the current market context. The projection lines extend from the most recent ZigZag point, offering traders a visual representation of possible price targets based on historical behavior.
The adaptive nature of the projections is particularly noteworthy. The indicator considers the current trend direction, the length of the most recent ZigZag segment, and compares it to historical averages. This approach allows for more nuanced projections that account for recent market dynamics. If the current trend is stronger than average, the projection will extend further, and vice versa.
From a technical standpoint, the indicator leverages Pine Script v5's capabilities, utilizing arrays for efficient data management and implementing dynamic line drawing for both the ZigZag and projection lines. This ensures smooth performance even when analyzing large datasets.
Traders can fine-tune the indicator to their preferences with several customization options. The ZigZag period can be adjusted from 10 to 100, allowing for sensitivity adjustments to match different trading timeframes. The projection lines can be toggled on or off and their appearance customized, providing flexibility in how the forecast is displayed.
In essence, the "Zig Zag with Adaptive Projection" indicator combines traditional trend analysis with forward-looking projections. It offers traders a tool to not only identify significant price levels but also to anticipate potential future movements based on historical patterns. This blend of retrospective analysis and adaptive forecasting makes it a valuable addition to a trader's technical analysis toolkit, particularly for those interested in trend-following strategies or looking for potential reversal points.
Half Trend Regression [AlgoAlpha]Introducing the Half Trend Regression indicator by AlgoAlpha, a cutting-edge tool designed to provide traders with precise trend detection and reversal signals. This indicator uniquely combines linear regression analysis with ATR-based channel offsets to deliver a dynamic view of market trends. Ideal for traders looking to integrate statistical methods into their analysis to improve trade timing and decision-making.
Key Features
🎨 Customizable Appearance : Adjust colors for bullish (green) and bearish (red) trends to match your charting preferences.
🔧 Flexible Parameters : Configure amplitude, channel deviation, and linear regression length to tailor the indicator to different time frames and trading styles.
📈 Dynamic Trend Line : Utilizes linear regression of high, low, and close prices to calculate a trend line that adapts to market movements.
🚀 Trend Direction Signals : Provides clear visual signals for potential trend reversals with plotted arrows on the chart.
📊 Adaptive Channels : Incorporates ATR-based channel offsets to account for market volatility and highlight potential support and resistance zones.
🔔 Alerts : Set up alerts for bullish or bearish trend changes to stay informed of market shifts in real-time.
How to Use
🛠 Add the Indicator : Add the Half Trend Regression indicator to your chart from the TradingView library. Access the settings to customize parameters such as amplitude, channel deviation, and linear regression length to suit your trading strategy.
📊 Analyze the Trend : Observe the plotted trend line and the filled areas under it. A green fill indicates a bullish trend, while a red fill indicates a bearish trend.
🔔 Set Alerts : Use the built-in alert conditions to receive notifications when a trend reversal is detected, allowing you to react promptly to market changes.
How It Works
The Half Trend Regression indicator calculates linear regression lines for the high, low, and close prices over a specified period to determine the general direction of the market. It then computes moving averages and identifies the highest and lowest points within these regression lines to establish a dynamic trend line. The trend direction is determined by comparing the moving averages and previous price levels, updating as new data becomes available. To account for market volatility, the indicator calculates channels above and below the trend line, offset by a multiple of half the Average True Range (ATR). These channels help visualize potential support and resistance zones. The area under the trend line is filled with color corresponding to the current trend direction—green for bullish and red for bearish. When the trend direction changes, the indicator plots arrows on the chart to signal a potential reversal, and alerts can be set up to notify you. By integrating linear regression and ATR-based channels, the indicator provides a comprehensive view of market trends and potential reversal points, aiding traders in making informed decisions.
Enhance your trading strategy with the Half Trend Regression indicator by AlgoAlpha and gain a statistical edge in the markets! 🌟📊
Salman Indicator: Multi-Purpose Price ActionSalman Indicator: Multi-Purpose Price Action Tool for Pin Bars, Breakouts, and VWAP Anchoring
This indicator provides a comprehensive suite of price action insights, designed for active traders looking to identify key market structures and potential reversals. The script incorporates a Quarterly VWAP for trend bias, marks pin bars for possible reversal points, highlights outside bars for volatility signals, and indicates simple breakouts and pivot-level breaks. Customizable settings allow for flexibility in various trading styles, with default settings optimized for daily charts.
Outside Bars : Represented by an ⤬ symbol on the chart, these indicate bars where the current high is greater than the previous bar’s high, and the low is lower than the previous bar’s low, signaling high volatility and potential market reversals.
Pin Bars : Denoted by a small dot at the top or bottom of a candle’s wick, these are crucial signals of potential reversal areas. Pin bars are identified based on the percentage length of their shadows, with adjustable strictness in settings.
Quarterly VWAP : The light blue line on the chart represents the VWAP (Volume-Weighted Average Price), which is anchored to the Quarterly period by default. The VWAP acts as a directional bias filter, helping you to determine underlying market trends. This period, source, and offset are fully adjustable in the script’s settings.
Simple Breaks : Hollow candles on the chart indicate "simple breaks," defined when the current bar closes above the previous high or below the previous low. This is an effective way to highlight directional momentum in the market.
Bonus Pivot Breaks : The tilde symbol ~ appears when the price closes above or below prior pivot high/low levels, helping traders spot significant breakout or breakdown points relative to recent pivots.
Alerts
Simple Breaks : Alerts you when a breakout occurs beyond the previous bar’s high or low. Pin Bars : Notifies you of potential reversal points as indicated by bullish or bearish pin bars. Outside Bars : Triggers an alert whenever an outside bar is detected, indicating possible volatility changes.
How to Use
VWAP for Trend Bias : Use the Quarterly VWAP line to gauge overall market trend, with settings that allow adjustment to daily, weekly, monthly, or even larger time frames.
Pin Bars for Reversal Potential : Look for the dot markers on candle wicks, where the strictness of the pin bar detection can be adjusted via settings to match your trading preference.
Simple and Pivot Breaks for Momentum : Watch for hollow candles and the tilde symbol ~ as indicators of potential breakout momentum and pivot break levels, respectively.
This script can serve traders on multiple timeframes, from daily to weekly and beyond. The flexible configuration allows for adjustments in VWAP anchoring and pin bar criteria, providing a tailored fit for individual trading strategies.
RSI Swing Indicator with 200 EMAThis indicator combines a custom RSI-based swing indicator with a 200-period Exponential Moving Average (EMA) to help identify potential reversal points and confirm trend direction.
RSI Swing Indicator: It uses RSI to detect overbought and oversold conditions. When RSI reaches these extreme levels, the indicator marks "swing points" on the chart, with labels showing "HH" (Higher High) or "LH" (Lower High) for overbought and "LL" (Lower Low) or "HL" (Higher Low) for oversold, based on recent price action.
200 EMA: The 200 EMA provides a long-term trend filter. Generally, prices above the 200 EMA suggest an uptrend, while prices below indicate a downtrend. This helps traders decide whether to take trades in the direction of the larger trend.
Silen's EMA AreasAre you tired of reading candles? 🧨 Do you want to bring more meaning to your chart? 🧹
Then this is the script for you!
This script does:
- Add several meaningfully pre-configured EMA lines to your chart - up to EMA 300
- Colors the areas between EMA lines in 3d colors - green and red
- The Smaller the EMA, the firmer the color
- Highlights the EMA 300 in a golden color
What is the meaning of this?
Let me introduce a new word to you: EMA FOLDING .
Yes, you heard right. With this indicator you can see in 3D how EMA lines are folding above and below each other, indicating severe mood swings in the chart.
This helps you keep track of what your instrument is actually doing while it enables you to cancel out the noise and messyness of ordinary candles which can be quite random and hard to read.
Once an EMA is fully positive or negatively folded (all ema lines are green and above each other from largest EMA to smallest EMA and vice versa for negatively folded) you can be sure that you are in a Trend or certain mood (for higher timeframes, from 15mins on).
I don't ever want to read any chart without having this indicator on. Whenever I present charts to anybody I use this indicator - and the feedback is insanely positive. People tend to read and understand charts much better with this indicator than just staring at candles.
Why is this indicator different to other EMA indicators and should thereby not be deleted by the TradingView Team due to redundance with other EMA indicators?
- This is not a simple indicator for EMAs
- Rather, this is an indicator to better and easier read the whole chart
- You can detect mood swings very easily which is very hard to do with a normal EMA indicator
- I haven't found any EMA indicator on TradingView that does this job so i sincerely believe it is extremely unique
- I sincerely believe it can help people get a much better understanding of charts without actualy getting into details of EMA's or even needing to know what an EMA is.
This indicator isn't intended for trading purposes, rather it is intended to give you a better and easier understanding of the chart. Of course - you can also use it for your trading but like I said, that is not the primary intended purpose.
This indicator comes pre-configured with quite optimal values (in my opinion) but of course can be fully customized. 🧮
Test it for yourself!
The Ultimate ATR-BBW Market Volatility Indicator"The ATR-BBW Market Volatility Indicator combines the Average True Range (ATR) and Bollinger Bands Width (BBW) to provide a measure of market volatility. This indicator does not indicate bullish or bearish trends, but rather the magnitude of price fluctuations.
* Usage: When the indicator moves upward, it suggests increasing market volatility, indicating that prices are moving within a wider range. Conversely, a downward movement implies decreasing volatility, signifying that prices are moving within a narrower range.
* Note: This sub-indicator solely reflects market volatility and does not provide buy or sell signals.
Investing involves risk. Please conduct thorough research before making any investment decisions.
ATR and BBW Explained:
* Average True Range (ATR): ATR is a technical analysis indicator used to measure market volatility. It calculates the average of a series of true ranges, where the true range is the greatest of the following:
* The current high minus the current low
* The absolute value of the current high minus the previous close
* The absolute value of the current low minus the previous close
* A higher ATR value indicates higher volatility, while a lower value suggests lower volatility.
* Bollinger Bands Width (BBW): Bollinger Bands are plotted two standard deviations above and below a simple moving average. BBW measures the distance between the upper and lower bands. A wider BBW indicates higher volatility, as prices are moving further away from the moving average. Conversely, a narrower BBW suggests lower volatility.
Combining ATR and BBW:
By combining ATR and BBW, the ATR-BBW indicator provides a more comprehensive view of market volatility. ATR captures the overall volatility of the market, while BBW measures the volatility relative to the moving average. Together, they provide a more robust indicator of market conditions and can be used to identify potential trading opportunities.
Why ATR and BBW are Effective for Measuring Volatility:
* ATR directly measures the actual price movement, regardless of the direction.
* BBW shows how much prices are deviating from their average, indicating the strength of the current trend.
* Combined: By combining these two measures, the ATR-BBW indicator provides a more comprehensive and accurate assessment of market volatility.
In essence, the ATR-BBW indicator helps traders understand the magnitude of price fluctuations, allowing them to make more informed trading decisions.
FMS Suite [KFB Quant]FMS Suite
Overview
The FMS Suite is a powerful and adaptive trend and momentum analysis tool that leverages multiple technical indicators to deliver a comprehensive signal for market direction. This suite combines the strengths of the Aroon, DMI, RSI, Supertrend, and Trix indicators, offering traders a well-rounded perspective on market trends.
How It Works
The FMS Suite integrates five essential components to assess market behavior:
Aroon Indicator : Detects trend strength and direction by analyzing the frequency of recent highs and lows over multiple timeframes. Directional Movement Index (DMI) : Measures the direction and strength of trends, with an ADX component for better trend assessment. Relative Strength Index (RSI) : Evaluates market momentum by indicating overbought or oversold conditions, with signals derived from the 50-line. Supertrend : Utilizes ATR-based volatility measures to establish dynamic support and resistance levels, signaling potential trend changes. Trix : A triple-smoothed EMA oscillator that highlights trend reversals using rate-of-change dynamics.
Each component is calculated across three separate timeframes (fast, medium, and slow), which are then averaged to produce a final FMS Signal . Users can also apply signal smoothing to reduce noise and enhance clarity.
Key Features
Customizable Parameters : Adjust the lengths for each component (fast, medium, slow) to optimize the indicator's responsiveness to different markets. Signal Smoothing Options : Select from various smoothing methods, including SMA, EMA, DEMA, and WMA, to fine-tune the FMS signal. Visual Representation : The FMS Suite plots a histogram representing the raw signal and a smoother line for clearer trend visualization. The background color shifts dynamically to indicate long, short, or neutral conditions. Threshold-Based Alerts : Set your own long and short thresholds, tailoring the indicator to your trading strategy and market outlook. Informative Table Display : An integrated table provides an at-a-glance summary of the current FMS and smoothed FMS signals, along with their respective scores and market state.
How to Use
Trend Confirmation : Utilize the FMS histogram and smoothed signal to validate or challenge existing trend assumptions. Trade Entries and Exits : Identify potential buy (long) or sell (short) signals based on the relationship between the FMS signal and predefined thresholds. Strategy Customization : Fine-tune the indicator settings to align with your trading style, whether it’s short-term scalping or long-term trend following.
Important Considerations
Not Predictive : The FMS Suite does not predict future price movements and should be used in conjunction with other analysis methods. It is based on historical price data, and past performance is not indicative of future results. Settings and Backtesting : Experiment with different lengths and smoothing techniques to optimize performance for specific instruments and market conditions. Always backtest thoroughly.
Disclaimer: This tool is provided for informational and educational purposes only and should not be considered as financial advice. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
Daily Bias Indicator (EMA + Fractals)The Daily Bias Indicator combines the power of Exponential Moving Averages (EMA) and fractal analysis to help traders identify the daily trend with clarity. By leveraging the smoothing capabilities of EMAs and the price reversal signals provided by fractals, this tool offers a comprehensive view of market direction. Use it to establish a solid bias for your trading day, enabling you to make informed decisions based on reliable trend signals. Perfect for day traders and swing traders alike, the Daily Bias Indicator keeps you aligned with the market’s momentum and potential reversal points.
Custom Trend and Volatility Strategy with TP/SLThis strategy is designed to identify trend-following buy and sell signals based on a combination of moving averages, volatility thresholds, and momentum indicators. Additionally, it includes visualized Take Profit (TP) and Stop Loss (SL) levels on the chart, providing clear exit targets for both buy and sell signals. This setup is suitable for trading on lower timeframes, such as the 15 minute (M15) OR 1 hour (H1) chart, where it captures medium-term trends and minimizes noise.
Weekly Range & Trend (Signed)Weekly Trend & Range is basically calculated every week.
It helps to get a broad idea whether coming week market can be directional , volatile or range bound action. So this helps me to get a hint which style of approach should be given more important on positional basis like directional or non-directional.
I mostly track in NSE:BANKNIFTY , NSE:NIFTY , BSE:SENSEX
For example:
Average range difference of past 4 weeks is bigger in compare to current week range difference means good chance for directional opportunities.
Average range difference of past 4 weeks is lesser in compare to current week range difference means good chance for non-directional opportunities.
Directional or Non-directional hint is been shown in terms of probability . So based on this i plan my week and trades.
Jusoh Sireh 2.0JS 2.0
Donchian Channel: Detects a breakout with upperDonchian and lowerDonchian levels.
Moving Average: Compares the close to a 50-period moving average.
Breakout: Checks for a 20-day high or low breakout.
ATR-Based Volatility Stop: Confirms trend by comparing ATR-based stop levels.
This script combines these indicators by lighting up:
Green for a confirmed bullish trend (all conditions met for an uptrend),
Red for a confirmed bearish trend (all conditions met for a downtrend),
Yellow when there’s no clear trend confirmation.
The label's position and color will adjust dynamically based on current market trends.
Delivery & Price Increase IndicatorThis indicator for TradingView identifies potential buying opportunities by plotting an arrow when two conditions are met: current day's delivery volume exceeds the average delivery volume of the last 5 days, and current day's price is higher than the previous day's price. The script calculates daily delivery volume as a proportion of trading volume, averages it over a user-defined period (default 5 days), and checks for price increases. When both conditions are true, an arrow is plotted, signaling a potential buy signal. The average delivery volume can also be plotted for visual reference. This indicator helps traders capitalize on increasing delivery volume and price momentum.
Multi-Timeframe Supertrend Dashboard - EnhancedOverview
The Multi-Timeframe Supertrend Dashboard is a powerful tool designed to give traders a clear view of market trends across multiple timeframes, all from a single dashboard. This indicator leverages the Supertrend method to calculate buy and sell signals based on the direction of price relative to dynamically calculated support and resistance lines. The dashboard is optimized for dark mode and provides easy-to-interpret color-coded signals for each timeframe.
How It Works
The Supertrend indicator is a trend-following indicator that uses the Average True Range (ATR) to set upper and lower bands around the price, adapting dynamically as volatility changes. When the price is above the Supertrend line, the market is considered in an uptrend, triggering a "BUY" signal. Conversely, when the price falls below the Supertrend line, the market is in a downtrend, triggering a "SELL" signal.
This Multi-Timeframe Supertrend Dashboard calculates Supertrend signals for the following timeframes:
1 minute
5 minutes
15 minutes
1 hour
Daily
Weekly
Monthly
For each timeframe, the dashboard shows either a "BUY" or "SELL" signal, allowing traders to assess whether trends align across timeframes. A "BUY" signal displays in green, and a "SELL" signal displays in red, giving a quick visual reference of the overall trend direction for each timeframe.
Customization Options
ATR Period: Defines the period for the Average True Range (ATR) calculation, which determines how responsive the Supertrend lines are to changes in market volatility.
Multiplier: Sets the sensitivity of the Supertrend bands to price movements. Higher values make the bands less sensitive, while lower values increase sensitivity, allowing quicker reactions to changes in price.
How to Interpret the Dashboard
The Multi-Timeframe Supertrend Dashboard allows traders to see at a glance if trends across multiple timeframes are aligned. Here’s how to interpret the signals:
BUY (Green): The current timeframe’s price is in an uptrend based on the Supertrend calculation.
SELL (Red): The current timeframe’s price is in a downtrend based on the Supertrend calculation.
For example:
If all timeframes display "BUY," the asset is in a strong uptrend across multiple time horizons, which may indicate a bullish market.
If all timeframes display "SELL," the asset is likely in a strong downtrend, signaling a bearish market.
Mixed signals across timeframes suggest market consolidation or differing trends across short- and long-term periods.
Use Cases
Trend Confirmation: Use the dashboard to confirm trends across multiple timeframes before entering or exiting a position.
Quick Market Analysis: Get a snapshot of market conditions across timeframes without having to change charts.
Multi-Timeframe Alignment: Identify alignment across timeframes, which is often a strong indicator of market momentum in one direction.
Dark Mode Optimization
The dashboard has been optimized for dark mode, with white text and contrasting background colors to ensure easy readability on darker TradingView themes.
Price Movement Predictor (PMP)The Price Movement Predictor (PMP) is a versatile trading indicator designed to assist traders in identifying potential buy and sell opportunities in the market. This indicator utilizes a combination of technical analysis tools to generate signals based on the relative strength index (RSI) and moving averages, ensuring a robust and strategic approach to trading.
Key Features:
RSI-Based Signal Generation:
The indicator monitors the RSI to identify overbought and oversold conditions in the market.
A buy signal is generated when the RSI drops below a predefined oversold threshold, indicating potential upward price movement.
Conversely, a sell signal is triggered when the RSI exceeds a specified overbought level, suggesting a possible price decline.
Moving Average Confirmation:
The indicator employs two moving averages: a short-term and a long-term moving average.
Buy and sell signals are confirmed only after a crossover event occurs, ensuring that trades are entered in alignment with market trends.
The short moving average crossing above the long moving average confirms a buy signal, while a crossover below confirms a sell signal.
Take Profit and Stop Loss Management:
The PMP includes adjustable take profit and stop loss levels, which are automatically calculated based on user-defined percentages.
Labels indicating the take profit (TP) and stop loss (SL) levels are plotted on the chart, helping traders manage their risk effectively.
Alerts are available for both TP and SL conditions, allowing traders to stay informed about their trade outcomes.
User-Friendly Interface:
The indicator provides an intuitive setup with adjustable parameters for moving average lengths, RSI levels, and TP/SL ratios.
Clear buy and sell signals are displayed directly on the chart, making it easy for traders to act on potential opportunities.
Usage:
The Price Movement Predictor is ideal for traders who seek a systematic approach to identify trading opportunities and manage risk. By combining RSI signals with moving average crossovers, the indicator helps filter out false signals and enhances the accuracy of trade entries. It is suitable for various trading styles, including day trading, swing trading, and long-term investing.
PDV CheckCheca a posição do preço em relação as medias de 21 e 120 exponenciais e 200 simples, mostrando se está acima ou abaixo delas no tempo gráfico selecionado
ROCnRollThe ROCnRoll indicator can be used on any asset and aims to generate bullish or bearish signals based on market trends, assisting investors in making buy or sell decisions.
This technical indicator combines two well-known and complementary indicators:
The Rate of Change (ROC)
The Exponential Moving Average (EMA)
With these two tools, the ROCnRoll indicator accurately, precisely, and flexibly reflects the volatility of the analyzed asset prices.
Gelişmiş RSI ve Trend TablosuGelişmiş RSI ve Trend Tablosu
Bu indikatör, fiyatın farklı zaman dilimlerinde (5 dakika, 15 dakika, 30 dakika, 1 saat, 4 saat, ve 1 gün) trend yönünü ve stokastik RSI değerlerini, ayrıca günlük, haftalık ve aylık RSI seviyelerini takip etmenizi sağlar. Kullanıcıya görsel olarak etkili ve hızlı bir bakış sunan bir tablo yerleşimi ile tasarlanmıştır.
Özellikler:
RSI Tablosu (Sağ Üst Köşe): Günlük, haftalık ve aylık RSI değerlerini tek bir tabloda gösterir.
RSI değeri 70'in üzerinde ise hücre kırmızı, 30'un altında ise yeşil, arada ise gri renkte gösterilir. Bu, aşırı alım ve aşırı satım bölgelerini hızlıca görmenizi sağlar.
Trend ve Stoch RSI Tablosu (Sağ Alt Köşe): Farklı zaman dilimlerinde trend yönünü ve stokastik RSI değerlerini tek bir tablo halinde sunar.
Trend Yönü: Fiyata göre hareketli ortalamayı kıyaslayarak yön belirler. Yukarı trend için yeşil, aşağı trend için kırmızı, yatay seyir için ise gri renkte gösterilir.
Stoch RSI: 80'in üzerinde kırmızı (aşırı alım), 20'nin altında yeşil (aşırı satım) renkte ve arada gri renkte gösterilir. Böylece farklı zaman dilimlerinde osilatör durumunu görebilirsiniz.
Kullanım Amacı:
Bu indikatör, kısa, orta ve uzun vadeli trendleri ve aşırı alım-satım bölgelerini görselleştirerek kullanıcıya hızlı bir bakış sunar. Özellikle çok zaman diliminde işlem yapan kullanıcılar için idealdir.
Uyarılar:
Bu indikatör, mevcut fiyat hareketini göz önüne alarak bir yön eğilimi belirler. Ancak, işlem kararları verirken diğer analiz araçlarıyla birlikte kullanılmalıdır.
Gelişmiş RSI ve Trend TablosuGelişmiş RSI ve Trend Tablosu
Bu indikatör, fiyatın farklı zaman dilimlerinde (5 dakika, 15 dakika, 30 dakika, 1 saat, 4 saat, ve 1 gün) trend yönünü ve stokastik RSI değerlerini, ayrıca günlük, haftalık ve aylık RSI seviyelerini takip etmenizi sağlar. Kullanıcıya görsel olarak etkili ve hızlı bir bakış sunan bir tablo yerleşimi ile tasarlanmıştır.
Özellikler:
RSI Tablosu (Sağ Üst Köşe): Günlük, haftalık ve aylık RSI değerlerini tek bir tabloda gösterir.
RSI değeri 70'in üzerinde ise hücre kırmızı, 30'un altında ise yeşil, arada ise gri renkte gösterilir. Bu, aşırı alım ve aşırı satım bölgelerini hızlıca görmenizi sağlar.
Trend ve Stoch RSI Tablosu (Sağ Alt Köşe): Farklı zaman dilimlerinde trend yönünü ve stokastik RSI değerlerini tek bir tablo halinde sunar.
Trend Yönü: Fiyata göre hareketli ortalamayı kıyaslayarak yön belirler. Yukarı trend için yeşil, aşağı trend için kırmızı, yatay seyir için ise gri renkte gösterilir.
Stoch RSI: 80'in üzerinde kırmızı (aşırı alım), 20'nin altında yeşil (aşırı satım) renkte ve arada gri renkte gösterilir. Böylece farklı zaman dilimlerinde osilatör durumunu görebilirsiniz.
Kullanım Amacı:
Bu indikatör, kısa, orta ve uzun vadeli trendleri ve aşırı alım-satım bölgelerini görselleştirerek kullanıcıya hızlı bir bakış sunar. Özellikle çok zaman diliminde işlem yapan kullanıcılar için idealdir.
Uyarılar:
Bu indikatör, mevcut fiyat hareketini göz önüne alarak bir yön eğilimi belirler. Ancak, işlem kararları verirken diğer analiz araçlarıyla birlikte kullanılmalıdır.
ATR Stoploss Finder (multiple lines)This is adapted from the ATR Stoploss Finder by veryfid. I've simply added the option for displaying different multiples of the ATR on the chart simultaneously. This can be useful for quickly identifying various take profit and stoploss points using different multiples of the ATR without having to change indicator settings every time.
Trend Momentum Indicator with MACD ConfirmationTrend Momentum Indicator with MACD Confirmation
Overview: The Trend Momentum Indicator with MACD Confirmation is a versatile trading tool designed to help traders identify potential buy and sell signals in the market based on the interaction between price action, a Simple Moving Average (SMA), and the Moving Average Convergence Divergence (MACD) indicator. This strategy aims to enhance trading decisions by waiting for MACD confirmation before executing trades, thereby reducing false signals.
Components:
Simple Moving Average (SMA):
The SMA is calculated over a user-defined period (default: 20 bars) and serves as a trend indicator. It provides a smoothed representation of price action and helps traders identify the overall market direction.
MACD:
The MACD is calculated using standard parameters (12 for fast length, 26 for slow length, and 9 for signal length) but can be adjusted to suit individual trading preferences. The MACD consists of two lines:
MACD Line: The difference between the fast and slow EMAs.
Signal Line: An EMA of the MACD Line, which helps indicate buy and sell conditions.
Buy and Sell Signals:
Buy Signal: A buy signal is triggered when the price crosses above the SMA, coupled with the MACD line crossing above the signal line, indicating a bullish momentum.
Sell Signal: A sell signal occurs when the price crosses below the SMA, alongside the MACD line crossing below the signal line, indicating a bearish momentum.
Visual Features:
The SMA is plotted on the main price chart, allowing traders to easily visualize trend direction.
Buy signals are indicated by green triangle shapes below the price bars, while sell signals are shown by red triangle shapes above the price bars.
Optionally, a MACD histogram can be plotted to visualize the difference between the MACD line and the signal line, helping to confirm trade signals visually.
Usage:
This indicator is suitable for various trading styles, including day trading, swing trading, and trend-following strategies. It can be applied to any financial instrument, including stocks, forex, and cryptocurrencies.
Traders should consider combining this indicator with additional tools and analysis to enhance decision-making and manage risk effectively.