SuperTrend Volume [BigBeluga]SuperTrend Volume is an advanced trend-following indicator that combines the traditional SuperTrend method with a normalized volume visualization inside trend bands, offering enhanced insight into market dynamics and volume activity.
🔵 Key Features:
Dynamic Trend Bands: The indicator uses the SuperTrend methodology to plot upper and lower trend bands, which adapt dynamically to price movements. Green bands indicate an uptrend, while purple bands indicate a downtrend.
Normalized Volume Visualization:
Inside the trend bands, normalized volume is displayed to highlight the intensity of market participation during trends.
Users can choose between two visualization types:
Bars: Displays volume as vertical bars within the bands.
Area: Represents volume as a shaded area for a smoother look.
Color-Coded Trends: Trend direction is color-coded:
Green for bullish trends.
Purple for bearish trends.
Volume Labels: Each bar or area has a label showing the normalized volume value 0-4 for easier interpretation.
Trend Change Detection: Automatically identifies trend reversals by recalculating the SuperTrend levels and adjusting volume visualization accordingly.
🔵 Usage:
Trend Identification: Use the color-coded trend bands to confirm the current market direction and identify potential reversals.
Volume Confirmation: Assess the strength of trends using normalized volume inside the bands. Higher normalized volume indicates stronger market conviction.
Peak Volume can be a signal of the mean reversion of price
Customization: Adjust the visualization type (bars or area) based on personal preference or analysis needs.
Dynamic Updates: Use volume labels and trend bands to stay updated on market shifts and trading opportunities in real time.
SuperTrend Volume is a versatile tool suitable for traders who want to combine trend analysis with volume dynamics for a more comprehensive view of the market. It is ideal for identifying trend strength, detecting reversals, and gauging the participation of market players during directional moves.
Phân tích Xu hướng
OBVMACD by Cryptos RocketThe OBVMACD Indicator by Cryptos Rocket combines the concepts of the OBV (On-Balance Volume) and the MACD (Moving Average Convergence Divergence) oscillator to provide a comprehensive market trend analysis tool. The indicator is particularly useful for traders who rely on volume and momentum to identify potential signals in the market.
Overview of the Key Components
1. On-Balance Volume (OBV) Calculation:
- The OBV is a momentum indicator that uses volume flow to predict changes in stock price. The script calculates OBV using the price spread (difference between the high and low of each candle) and adjusts the OBV using a smoothing function (exponential moving average).
- The script then computes a price-adjusted version of the OBV to provide a more accurate measure of price momentum relative to volume.
2. Moving Averages (MA) and Customization:
- The user can choose from various moving averages such as EMA, DEMA, TEMA, TDEMA, and others. The script includes custom implementations for each of these MAs to give flexibility depending on the user's preference.
- A key feature is the ability to choose between these moving average types and adjust their lengths to suit different timeframes or market conditions.
3. MACD Calculation:
- The MACD is calculated by subtracting a slow exponential moving average (EMA) from a fast EMA of the OBV-adjusted price. This measure of momentum helps traders identify bullish or bearish trends.
- The script provides an additional feature of slope calculation for the MACD, which helps measure the rate of change in momentum.
4. Trend Identification:
- The script detects the trend direction by analyzing the color change in the plotted line (from red to green or vice versa). A green trend indicates upward momentum, while a red trend suggests downward momentum.
- This color change is based on the calculated slope of the MACD and helps to visualize the direction of the market quickly.
- The script also provides specific buy and sell signals, marked by crosses when the trend changes direction.
5. Pivot Point Detection:
- The script includes an optional pivot point feature that highlights key price levels where the price is expected to reverse. It identifies the highest and lowest points over a user-defined period and plots these as pivot markers on the chart.
- These pivots can serve as important levels for setting stop-loss or take-profit orders.
6. Alerts:
- The script has built-in alerts to notify the user when the trend color changes or when a pivot point is detected. These alerts are especially useful for traders who cannot monitor the chart constantly and need real-time notifications for potential trade setups.
7. Customization:
- The user can customize several parameters, such as the length of moving averages, the period for calculating OBV and MACD, and the visibility of pivot points. This allows for the script to be adapted to various trading strategies or asset classes.
- Users can also toggle the display of signals, such as buy and sell crosses or pivot points, depending on their trading needs.
8. Plotting and Visualization:
- The script visually represents the OBV-adjusted price, MACD, and the trend direction with colored lines. It uses green for bullish (upward) trends and red for bearish (downward) trends, with the MACD plot providing further confirmation of the price momentum.
- The OBV values are smoothed and adjusted, providing a clear visual representation of volume and momentum trends.
9. Complexity and Flexibility:
- While this script is highly customizable and versatile, it is also complex due to the number of features it integrates. The combination of OBV, MACD, and various moving averages provides a multifaceted tool for analyzing price and volume trends.
- The script can be used on various timeframes, making it applicable for both short-term and long-term traders.
10. Advanced Functions:
- The script includes advanced functions for calculating slopes, averages, and other statistical measures that provide deeper insights into market trends. It employs custom mathematical operations like the cumulative sum and the use of different exponential smoothing methods to ensure that the indicators reflect the current market sentiment accurately.
11. Error Handling and Adjustments:
- The code is designed to handle potential errors and provide accurate outputs, even with changing market conditions. This robust error handling is crucial for ensuring that the indicator performs as expected without interruptions.
It offers a comprehensive trading tool that merges the OBV and MACD indicators to create a powerful trend analysis system. It provides traders with several customization options, built-in alerts, and pivot point detection, making it an ideal choice for traders who want to leverage volume, momentum, and price trends in their trading strategies.
FBMod by Cryptos RocketFlying Buddha Indicator Mod by Cryptos Rocket.
FBMod by Cryptos Rocket is an advanced technical indicator that combines multiple approaches for market analysis with dynamic moving averages and candlestick patterns.
Main Features:
1. Moving Averages:
The indicator uses moving averages (MAs) to identify market trends. There are two main moving averages in the script:
- Fast MA: This is a more sensitive moving average, using a shorter period (configurable by the user).
- Slow MA: This moving average uses a longer period, providing a long-term view.
The user can choose from various types of moving averages for each line (such as SMA, EMA**, WMA, DEMA, etc.), allowing customization according to their preferences.
2. Directional Trend Filter:
The script includes a directional trend filter, where the user can apply an additional moving average (called the "Directional MA") to identify the overall market direction (whether it's trending up or down). The indicator uses this filter to determine whether the trend is bullish or bearish, which impacts the signals generated.
3. Candlestick Patterns:
FBMod also detects candlestick patterns like Inside Bars (IB) and Pin Bars (PB), which are used to identify potential reversal or consolidation points on the chart. These patterns are commonly used by traders to predict significant market moves.
4. Flying Buddha:
It uses a combination of several conditions to identify potential reversal points on the chart. The count of Flying Buddhas is based on the interaction of the fast and slow moving averages, and the positioning of the candles relative to these MAs. When a sequence of Flying Buddhas occurs, the script generates signals based on the sequence and the trend direction.
5. Flying Buddha Sequences:
The script counts how many consecutive Flying Buddhas have occurred, and only after a minimum number of Flying Buddhas (configured by the user), it generates alerts. This condition is checked along with the market direction and candlestick behavior.
6. Alerts:
The script is configured to generate custom alerts based on conditions. When the price reaches a specific point or the Flying Buddha condition is met, the script can trigger an alert to notify the user that it is time to enter or exit a market position.
7. Candlestick and Moving Average Coloring:
Candles can be automatically colored to highlight Flying Buddhas with a yellow color, making it easier to visualize the points of interest on the chart. Additionally, moving averages can change color depending on the trend direction (green for uptrend and red for downtrend).
8. Arrow Plots:
The script displays arrows on the chart, indicating buy or sell conditions. Green arrows point to buying opportunities, while red arrows indicate selling opportunities.
9. Manual MA Calculations:
Some of the more advanced moving averages, such as SMMA, DEMA, TEMA, and ZEMA, are calculated manually within the script since these are not native functions in Pine Script v6. This provides flexibility for traders who prefer using these types of moving averages.
10. Slow MA Color Change Alerts:
The script also triggers alerts when there is a color change in the moving averages. If the slow moving average changes from red to green (or vice versa), it may indicate a significant trend shift, generating alerts for the user.
Customizable Settings:
- The user can adjust the periods of the moving averages, choosing from various types of moving averages (like EMA, SMA, WMA, etc.).
- The directional trend filter can be toggled on or off, allowing traders to refine their entry strategies.
- The minimum number of Flying Buddhas required to trigger alerts is configurable, as well as the option to use only specific candlestick patterns (Inside Bars or Pin Bars).
Script Objective:
The goal of this script is to provide traders with a robust system to identify reversal points and market trends based on the interaction between moving averages and candlestick patterns. It facilitates chart analysis, allowing for better visualization of market conditions and offering automated alerts to aid decision-making.
Price Action Signal//@version=5
indicator("Price Action Signal", overlay=true)
// Input parameters
lookbackPeriod = input.int(7, title="Lookback Period")
timeframe = "15"
// Get high and low for the lookback period on the specified timeframe
highLookback = request.security(syminfo.tickerid, timeframe, ta.highest(high, lookbackPeriod))
lowLookback = request.security(syminfo.tickerid, timeframe, ta.lowest(low, lookbackPeriod))
close15 = request.security(syminfo.tickerid, timeframe, close)
// Conditions
buySignal = close15 > highLookback
sellSignal = close15 < lowLookback
// Plot signals on the chart
plotshape(buySignal, style=shape.labelup, location=location.belowbar, color=color.new(color.green, 0), size=size.small, title="Buy Signal")
plotshape(sellSignal, style=shape.labeldown, location=location.abovebar, color=color.new(color.red, 0), size=size.small, title="Sell Signal")
// Labels for debugging
label.new(bar_index, na, "High Lookback: " + str.tostring(highLookback), style=label.style_none, color=color.new(color.white, 90))
label.new(bar_index, na, "Low Lookback: " + str.tostring(lowLookback), style=label.style_none, color=color.new(color.white, 90))
Market DIP (Archan Dakon)Market DIP Indicator - Hướng Dẫn Sử Dụng
Market DIP Indicator giúp trader xác định các vùng giảm giá tiềm năng, cơ hội funding và tín hiệu dip trên khung thời gian lớn (3D > D > 12h > 4h). Công cụ này cung cấp các tùy chọn tùy chỉnh về bảng màu, vùng dip, và tín hiệu dip rip.
Tính Năng Chính:
Dip Fund (Tín Hiệu Long):
Xác định tín hiệu vào lệnh long dựa trên ngưỡng funding rate, RSI, và các điều kiện khác.
Các tín hiệu được hiển thị bằng mũi tên hướng lên (︽) trên biểu đồ.
Dip Zone:
Hiển thị các vùng dip dựa trên Fibonacci với độ rộng ATR có thể tùy chỉnh.
Bao gồm tối đa 3 mức vùng dip, được làm nổi bật trực quan trên biểu đồ.
Dip Rip:
Làm nổi bật các đợt giảm giá nhanh trên thị trường dựa trên phân tích Tỷ lệ Thay đổi (ROC).
Độ nhạy giảm giá có thể điều chỉnh (Cao, Trung bình, Thấp).
Bảng Màu:
Nhiều bảng màu khác nhau để cải thiện khả năng quan sát biểu đồ.
Cách Sử Dụng:
Thêm Indicator vào Biểu Đồ:
Sử dụng trên khung thời gian lớn (3D > D > 12h > 4h). Không khuyến nghị cho khung thời gian thấp.
Bật/Tắt Tính Năng:
Truy cập cài đặt của indicator và chọn bật/tắt:
Dip Fund: Hiển thị tín hiệu long.
Dip Zone: Hiển thị các vùng dip.
Dip Rip: Làm nổi bật các đợt giảm nhanh.
Tùy Chỉnh Cài Đặt:
Điều chỉnh các chu kỳ, độ nhạy và bảng màu phù hợp với chiến lược của bạn.
Đọc Hiểu Tín Hiệu:
Dip Fund: Tìm mũi tên ︽ để xác định cơ hội long.
Dip Zone: Sử dụng các mức Fibonacci để xác định vùng đảo chiều tiềm năng.
Dip Rip: Nhận diện các đợt giảm nhanh để vào hoặc thoát lệnh.
Indicator này được thiết kế cho khung thời gian lớn và hoạt động tốt nhất trong các thị trường có xu hướng. Hãy luôn kiểm tra lại và sử dụng cùng các chiến lược hiện tại để đạt hiệu quả tối ưu.
Chúc bạn giao dịch thành công! 🚀
Archan Dakon
Market DIP [Dakon]Market DIP Indicator - Usage Guide
The Market DIP Indicator helps traders identify potential market dip zones, funding opportunities, and dip signals on high timeframes (3D > D > 12h > 4h). It offers customizable options for color themes, dip zones, and dip rip signals.
Key Features:
Dip Fund (Long Signals):
Identifies long entry signals based on funding rate thresholds, RSI, and other conditions.
Signals are plotted as upward arrows (︽) on the chart.
Dip Zone:
Displays Fibonacci-based dip zones with customizable ATR width.
Includes up to 3 levels of dip zones, visually highlighted on the chart.
Dip Rip:
Highlights rapid market dips using Rate of Change (ROC) analysis.
Dip sensitivity can be adjusted (High, Mid, Low).
Color Palette:
Multiple color themes for better chart visualization.
How to Use:
Add Indicator to Chart:
Use on high timeframes (3D > D > 12h > 4h). Lower timeframes are not recommended.
Enable/Disable Features:
Go to the indicator settings and toggle:
Dip Fund: Shows long signals.
Dip Zone: Displays dip zones.
Dip Rip: Highlights sharp dips.
Customize Settings:
Adjust periods, sensitivity, and color themes to match your strategy.
Interpret Signals:
Dip Fund: Look for ︽ arrows for long opportunities.
Dip Zone: Use Fibonacci levels for potential reversal zones.
Dip Rip: Identify sharp dips for potential entries or exits.
This indicator is designed for high timeframes and works best in trending markets. Always backtest and use alongside your existing strategy for optimal results.
Happy trading! 🚀
-------------------------------------------------------------------------------------------------------------------
Market DIP Indicator - Hướng Dẫn Sử Dụng
Market DIP Indicator giúp trader xác định các vùng giảm giá tiềm năng, cơ hội funding và tín hiệu dip trên khung thời gian lớn (3D > D > 12h > 4h). Công cụ này cung cấp các tùy chọn tùy chỉnh về bảng màu, vùng dip, và tín hiệu dip rip.
Tính Năng Chính:
Dip Fund (Tín Hiệu Long):
Xác định tín hiệu vào lệnh long dựa trên ngưỡng funding rate, RSI, và các điều kiện khác.
Các tín hiệu được hiển thị bằng mũi tên hướng lên (︽) trên biểu đồ.
Dip Zone:
Hiển thị các vùng dip dựa trên Fibonacci với độ rộng ATR có thể tùy chỉnh.
Bao gồm tối đa 3 mức vùng dip, được làm nổi bật trực quan trên biểu đồ.
Dip Rip:
Làm nổi bật các đợt giảm giá nhanh trên thị trường dựa trên phân tích Tỷ lệ Thay đổi (ROC).
Độ nhạy giảm giá có thể điều chỉnh (Cao, Trung bình, Thấp).
Bảng Màu:
Nhiều bảng màu khác nhau để cải thiện khả năng quan sát biểu đồ.
Cách Sử Dụng:
Thêm Indicator vào Biểu Đồ:
Sử dụng trên khung thời gian lớn (3D > D > 12h > 4h). Không khuyến nghị cho khung thời gian thấp.
Bật/Tắt Tính Năng:
Truy cập cài đặt của indicator và chọn bật/tắt:
Dip Fund: Hiển thị tín hiệu long.
Dip Zone: Hiển thị các vùng dip.
Dip Rip: Làm nổi bật các đợt giảm nhanh.
Tùy Chỉnh Cài Đặt:
Điều chỉnh các chu kỳ, độ nhạy và bảng màu phù hợp với chiến lược của bạn.
Đọc Hiểu Tín Hiệu:
Dip Fund: Tìm mũi tên ︽ để xác định cơ hội long.
Dip Zone: Sử dụng các mức Fibonacci để xác định vùng đảo chiều tiềm năng.
Dip Rip: Nhận diện các đợt giảm nhanh để vào hoặc thoát lệnh.
Indicator này được thiết kế cho khung thời gian lớn và hoạt động tốt nhất trong các thị trường có xu hướng. Hãy luôn kiểm tra lại và sử dụng cùng các chiến lược hiện tại để đạt hiệu quả tối ưu.
Chúc bạn giao dịch thành công! 🚀
Dakon
DIN: Dynamic Trend NavigatorDIN: Dynamic Trend Navigator
Overview
The Dynamic Trend Navigator script is designed to help traders identify and capitalize on market trends using a combination of Weighted Moving Averages (WMA), Volume Weighted Average Price (VWAP), and Anchored VWAP (AVWAP). The script provides customizable settings and flexible alerts for various crossover conditions, enhancing its utility for different trading strategies.
Key Features
- **1st and 2nd WMA**: Allows users to set and visualize two Weighted Moving Averages. These can be customized to any period, providing flexibility in trend identification.
- **VWAP and AVWAP**: Incorporates both VWAP and AVWAP, offering insights into price levels adjusted by volume.
- **ATR and ADX Indicators**: Includes the Average True Range (ATR) and Average Directional Index (ADX) to help assess market volatility and trend strength.
- **Flexible Alerts**: Configurable buy and sell alerts for any crossover condition, making it versatile for various trading strategies.
How to Use the Script
1. **Set the WMA Periods**: Customize the periods for the 1st and 2nd WMAs to suit your trading strategy.
2. **Enable VWAP and AVWAP**: Choose whether to include VWAP and AVWAP in your analysis by enabling the respective settings.
3. **Configure Alerts**: Set up alerts for the desired crossover conditions (WMA, VWAP, AVWAP) to receive notifications for potential trading opportunities.
4. **Monitor Signals**: Watch for buy and sell signals indicated by triangle shapes on the chart, which appear at the selected crossover points.
When to Use
- **Best Time to Use**: The script is most effective in trending markets where price movements are well-defined. It helps traders stay on the right side of the trend and avoid false signals during periods of low volatility.
- **When Not to Use**: Avoid using the script in choppy or sideways markets where price action lacks direction. The script may generate false signals in such conditions, leading to potential losses.
Benefits of VWAP and AVWAP
- **VWAP**: The Volume Weighted Average Price provides a price benchmark that adjusts for volume, helping traders identify fair value levels. It is particularly useful for intraday trading and gauging market sentiment.
- **AVWAP**: The Anchored VWAP allows traders to set a starting point for VWAP calculations, providing flexibility in analyzing price levels over specific periods or events. This helps in identifying key support and resistance levels based on volume.
Unique Aspects
- **Customizability**: The script offers extensive customization options for WMA periods, VWAP, AVWAP, and alert conditions, making it adaptable to various trading strategies.
- **Combining Indicators**: By integrating WMAs, VWAP, AVWAP, ATR, and ADX, the script provides a comprehensive view of market conditions, enhancing decision-making.
- **Real-Time Alerts**: The flexible alert system ensures traders receive timely notifications for potential trade setups, improving responsiveness to market changes.
Examples
- **Example 1**: A trader sets the 1st WMA to 8 and the 2nd WMA to 100, enabling the VWAP. When the 1st WMA crosses above the 2nd WMA or VWAP, a buy signal is triggered, indicating a potential long entry.
- **Example 2**: A trader sets the AVWAP to start 30 bars ago and monitors for crossovers with the 1st WMA. When the 1st WMA crosses below the AVWAP, a sell signal is triggered, suggesting a potential short entry.
Final Notes
The Dynamic Trend Navigator script is a powerful tool for traders looking to enhance their market analysis and trading decisions. Its unique combination of customizable indicators and flexible alert system sets it apart from other scripts, making it a valuable addition to any trader's toolkit.
Disclaimer: Never any financial advice. Just ThisGirl loving experimenting with indicators to help myself, as well as others.
Custom Change LinesThis indicator sets the previous values of the specified pairs at zero and helps display their relative levels on the screen based on percentage changes in real-time. Initially, no pairs are registered. It operates within the time frame in which it is opened, and you can more easily track the ranking of the pairs relative to each other in the table on the side.
DOLPHIN TRADE LIVE TREND INDICATOR Working with the Indicator:
Trend Lines: The indicator draws trend lines when it detects at least two pivot points. These trend lines are updated dynamically as new price data becomes available.
Support and Resistance: Based on the historical pivot points, the indicator identifies areas where price has repeatedly bounced or reversed, marking them as potential support or resistance zones.
Alerts: The indicator supports multiple alert conditions, including when:
- A pivot point is created (new support or resistance).
- A trend line is broken.
- A support or resistance level is violated.
Market Trends and Liquidity ZonesThe "Market Trends and Liquidity Zones" indicator is designed to help traders visualize key market trends, identify significant block orders, and recognize liquidity zones. Here’s a detailed description of its components and functionalities:
Components:
Moving Average Calculation:
The indicator calculates a simple moving average (SMA) of the closing prices over a specified period (default is 14 periods). This average serves as a reference point to gauge market trends.
Block Order Identification:
It identifies and plots the highest high and lowest low over a defined block order length (default is 50 periods) on a daily timeframe. These levels represent potential sell side (red line) and buy side (green line) block orders, indicating areas where significant buying or selling interest may exist.
Crossover Signals:
The indicator checks for bullish and bearish crossovers:
Bullish Crossover: Occurs when the current price crosses above the average price, suggesting potential upward momentum.
Bearish Crossover: Happens when the current price crosses below the average price, indicating potential downward momentum.
Alerts:
The indicator can send alerts when crossovers occur, providing traders with real-time notifications. Alerts can be enabled or disabled based on user preference.
Visual Signals:
The indicator plots visual signals (upward green arrows for bullish signals and downward red arrows for bearish signals) on the chart, making it easy for traders to spot potential entry or exit points.
Usage:
Trend Analysis: Traders can use the moving average to determine the overall trend of the market. If the price is consistently above the average, it may indicate a bullish trend, while prices below may suggest a bearish trend.
Liquidity Zones: The identified block orders help traders understand where significant buying or selling pressure may exist, aiding in decision-making for entering or exiting trades.
Crossover Alerts: The alerts help traders react quickly to potential market changes, allowing for timely trading actions based on crossover signals.
Summary:
Overall, this indicator combines trend analysis, liquidity zone identification, and alert functions to assist traders in making informed decisions. It is particularly useful for those looking to refine their trading strategies based on market dynamics and price action
RSI Trend [MacroGlide]The RSI Trend indicator is a versatile and intuitive tool designed for traders who want to enhance their market analysis with visual clarity. By combining Stochastic RSI with moving averages, this indicator offers a dynamic view of market momentum and trends. Whether you're a beginner or an experienced trader, this tool simplifies identifying key market conditions and trading opportunities.
Key Features:
• Stochastic RSI-Based Calculations: Incorporates Stochastic RSI to provide a nuanced view of overbought and oversold conditions, enhancing standard RSI analysis.
• Dynamic Moving Averages: Includes two customizable moving averages (MA1 and MA2) based on smoothed Stochastic RSI, offering flexibility to align with your trading strategy.
• Candle Color Coding: Automatically colors candles on the chart:
• Blue: When the faster moving average (MA2) is above the slower one (MA1), signaling bullish momentum.
• Orange: When the faster moving average is below the slower one, indicating bearish momentum.
• Integrated Scaling: The indicator dynamically adjusts with the chart's scale, ensuring seamless visualization regardless of zoom level.
How to Use:
• Add the Indicator: Apply the indicator to your chart from the TradingView library.
• Interpret Candle Colors: Use the color-coded candles to quickly identify bullish (blue) and bearish (orange) phases.
• Customize to Suit Your Needs: Adjust the lengths of the moving averages and the Stochastic RSI parameters to better fit your trading style and timeframe.
• Combine with Other Tools: Pair this indicator with trendlines, volume analysis, or support and resistance levels for a comprehensive trading approach.
Methodology:
The indicator utilizes Stochastic RSI, a derivative of the standard RSI, to measure momentum more precisely. By applying smoothing and calculating moving averages, the tool identifies shifts in market trends. These trends are visually represented through candle color changes, making it easy to spot transitions between bullish and bearish phases at a glance.
Originality and Usefulness:
What sets this indicator apart is its seamless integration of Stochastic RSI and moving averages with real-time candle coloring. The result is a visually intuitive tool that adapts dynamically to chart scaling, offering clarity without clutter.
Charts:
When applied, the indicator plots two moving averages alongside color-coded candles. The combination of visual cues and trend logic helps traders easily interpret market momentum and make informed decisions.
Enjoy the game!
Ichimoku Extension - Financial Tech Wiz V7Ichimoku Extension - Financial Tech Wiz
The Ichimoku Extension by Financial Tech Wiz is an advanced tool that builds upon the classic Ichimoku indicator, providing enhanced clarity and actionable insights for traders. This indicator is designed to make interpreting Ichimoku signals easier and more intuitive.
Key Features:
Automated Long and Short Signals:
Detects Tenkan-Kijun (TK) crossovers and plots long and short signals directly on the chart for clear entry and exit points.
Extended Support and Resistance Levels:
Plots extended lines for support (green) and resistance (red), visually extending Ichimoku’s current levels.
Displays the price values of these levels in the top-right corner of the chart, making them easy to reference. They are also color-coded with green as supports and red as resistance.
Trend Identification with Linear Regression:
Incorporates a linear regression line to analyze the overall trend direction.
The regression line is calculated based on the slope of the Ichimoku cloud over a customizable number of periods, providing a clear visualization of the broader market trend.
Customizable Settings:
Offers flexibility to adjust parameters like the regression period, making the indicator adaptable to various markets and trading styles.
Why Use This Indicator?
The Ichimoku Extension simplifies the complexity of the traditional Ichimoku system while introducing new features to help traders easily identify trends, support, and resistance levels. Whether you're a beginner or an experienced trader, this indicator provides the tools you need to trade with precision.
Disclaimer
This indicator is for informational and educational purposes only. It is not financial advice, and we do not guarantee the accuracy, reliability, or profitability of its signals. Use this tool at your own risk, and always perform your own due diligence before making trading decisions. Past performance does not guarantee future results. This script complies with TradingView's House Rules and is intended to assist traders in their analysis, not to provide definitive trade recommendations.
KouhestanThis is the version 1.2 of Kouhestan Strategy Indicator.
You can define up to 2 time periods by turning the 'Range's on and by studiyng the bullish and bearish kumos, you will be able to trade the right direction.
ORB Channel FilledThis Pine Script indicator identifies the 15-minute opening range (9:30 AM to 9:45 AM EST) on intraday charts. It dynamically plots:
ORB High and Low: Displayed as subtle white lines with reduced thickness and opacity during regular trading hours (9:30 AM to 4:00 PM EST).
Filled Channel: A semi-transparent blue channel is filled between the ORB high and low levels, visually highlighting the range.
This script is ideal for traders looking to analyze the opening range and its implications during regular trading sessions.
Ichimoku Extension - Financial Tech Wiz V6Ichimoku Extension - Financial Tech Wiz
The Ichimoku Extension by Financial Tech Wiz is an advanced tool that builds upon the classic Ichimoku indicator, providing enhanced clarity and actionable insights for traders. This indicator is designed to make interpreting Ichimoku signals easier and more intuitive.
Key Features:
Automated Long and Short Signals:
Detects Tenkan-Kijun (TK) crossovers and plots long and short signals directly on the chart for clear entry and exit points.
Extended Support and Resistance Levels:
Plots extended lines for support (green) and resistance (red), visually extending Ichimoku’s current levels.
Displays the price values of these levels in the top-right corner of the chart, making them easy to reference. They are also color-coded with green as supports and red as resistance.
Trend Identification with Linear Regression:
Incorporates a linear regression line to analyze the overall trend direction.
The regression line is calculated based on the slope of the Ichimoku cloud over a customizable number of periods, providing a clear visualization of the broader market trend.
Customizable Settings:
Offers flexibility to adjust parameters like the regression period, making the indicator adaptable to various markets and trading styles.
Why Use This Indicator?
The Ichimoku Extension simplifies the complexity of the traditional Ichimoku system while introducing new features to help traders easily identify trends, support, and resistance levels. Whether you're a beginner or an experienced trader, this indicator will help you utilize the Ichimoku Clouds much more efficiently.
Composer Strategy 1 (Haggis Levered)This strategy dynamically selects an asset to trade each day based on a set of predefined market conditions and technical indicators. It uses relative strength index (RSI) and moving averages to evaluate momentum and trends across multiple tickers, aiming to identify the most advantageous asset for the current market environment. By switching between leveraged ETFs, inverse funds, and defensive assets, the strategy seeks to capitalize on both bullish and bearish scenarios while mitigating risk during uncertain periods.
The approach emphasizes adaptability by monitoring key metrics like overbought or oversold signals and comparing cumulative returns and relative performance across asset classes. This flexibility allows the strategy to respond to changing market dynamics daily, aligning with short-term trends while maintaining a systematic and disciplined methodology for asset allocation.
Smooth RSI [MarktQuant]This indicator combines elements of the Relative Strength Index (RSI) and Rate of Change (RoC) to provide a smoother and potentially more insightful view of market momentum and price movement. The Smooth RSI calculates RSI values across four price points (high, open, low, close) to average them, offering a less volatile RSI signal. Additionally, it incorporates a Rate of Change for trend confirmation, enhancing the decision-making process for trade entries and exits.
Features:
Multi-RSI Calculation: RSI is computed for high, open, low, and close prices, then averaged to reduce noise.
Trend Confirmation with RoC: Uses the Rate of Change to validate the RSI signals, coloring bars based on the trend direction.
Visual Signals:
Bar colors change based on combined RSI and RoC signals.
Green for bullish signals (RSI above 50 and positive RoC).
Red for bearish signals (RSI below 50 and negative RoC).
Horizontal lines at 30, 50, and 70 to denote overbought, neutral, and oversold conditions.
Customizable Display:
Option to show/hide RSI plot or RoC plot for cleaner charts.
Candle plot overlay option to visualize current price action alongside the indicator.
Inputs:
RSI Length: Default 28. Adjusts the lookback period for RSI calculation.
RoC Length: Default 28. Sets the period for the Rate of Change calculation.
Plot Settings:
Show RSI - Toggle RSI plot visibility.
Show RoC - Toggle RoC plot visibility.
Usage:
Long signals are indicated when the average RSI is above 50 and the RoC is positive.
Short signals are suggested when the average RSI falls below 50 with a negative RoC.
The color coding helps visually confirm trends at a glance.
Notes:
This indicator is best used in conjunction with other analysis methods to confirm signals.
Adjust the length parameters based on your trading timeframe for optimal results.
Disclaimer:
This indicator does not guarantee trading success; use it as part of a comprehensive trading strategy. Always conduct your own analysis before making trading decisions.
Ruhelos Pivot Points V1.0Was der Indikator macht:
Er berechnet die Pivot-Punkte (Pivot, R1, R2, R3, S1, S2, S3) für wöchentliche und monatliche Zeitrahmen.
Die Pivot-Punkte werden als Linien im Chart angezeigt, wobei Farbe, Dicke und Stil (durchgezogen, gestrichelt, gepunktet) individuell angepasst werden können.
Die Werte der Pivot-Punkte werden zusätzlich in einer übersichtlichen Tabelle dargestellt.
Die Tabelle kann in den Einstellungen des Indikators ein- und ausgeblendet werden.
Mein Ziel:
Ich wollte einen Indikator erstellen, der die Pivot-Punkte übersichtlich und flexibel darstellt, damit Trader die wichtigen Unterstützungs- und Widerstandszonen leicht erkennen können.
Offen für Feedback:
Da ich noch am Anfang meiner Pine-Script-Reise stehe, bin ich offen für jegliches Feedback und Verbesserungsvorschläge.
Insbesondere würde mich interessieren:
Gibt es Möglichkeiten, den Code zu optimieren oder zu vereinfachen?
Sind die Berechnungen der Pivot-Punkte korrekt und gibt es vielleicht bessere Formeln?
Welche zusätzlichen Funktionen könnten den Indikator noch nützlicher machen?
Ich freue mich auf eure Kommentare und Ideen!
Future Trend Indicator (FTI) with Heiken AshiDescription: Future Trend Indicator (FTI)
The Future Trend Indicator (FTI) is a versatile and innovative tool designed to analyze market trends, smooth out noise, and provide a forward-looking forecast of potential price movements. Built with advanced features such as polynomial regression, EMA smoothing, confidence bands, and cross-validation metrics, this indicator offers a comprehensive approach for traders to gain insights into future price trends while maintaining realistic error margins.
Key Features:
Exponential Moving Average (EMA) Integration
The FTI incorporates a user-configurable EMA to smooth out short-term price fluctuations and highlight the overall market trend. This provides a stable and reliable reference for assessing price action.
Noise Reduction via Median Filter
To improve signal clarity, the source data is processed using a Median Filter, effectively reducing the impact of outliers and market noise. This ensures that the forecast focuses on meaningful price movements.
Polynomial Regression Forecast
A polynomial regression model is used to project future price movements based on historical data. This advanced statistical approach models potential non-linear trends, offering a sophisticated and adaptive forecast for the next specified period.
Confidence Bands for Forecast Accuracy
Upper and lower confidence bands are calculated using standard deviation, visually representing the potential error margin around the forecast. This feature provides traders with an understanding of the forecast's reliability and the expected price range.
Dynamic Visualization
The indicator uses visually appealing and intuitive plotting techniques:
A forecast line dynamically shifts based on polynomial regression and historical data.
Confidence bands are displayed with semi-transparent green (upper) and red (lower) shading for quick visual interpretation.
The EMA is displayed as a blue line for smooth trend observation.
Cross-Validation with RMSE (Root Mean Square Error)
The indicator includes an error metric to measure the accuracy of its forecast against actual future price movements. The RMSE is displayed as a yellow label on the chart, helping traders evaluate the forecast's historical precision.
Flexible Data Source
By default, the FTI uses hlc3 (the average of high, low, and close prices) as its source, providing a balanced view of market activity. Traders can easily customize this input to suit their preferences.
Forecast Customization
Users can configure the length of the forecast, moving average, and EMA to tailor the indicator to different trading styles and timeframes.
Short-Term Traders (Scalping/Day Trading)
EMA Length: 10
Moving Average Length: 5 to 10
Forecast Length: 50
Source: hlc3 (default)
Adjust noise filter (src_filtered) only if necessary.
Medium-Term Traders (Swing Trading)
EMA Length: 20
Moving Average Length: 10 to 20
Forecast Length: 100
Source: hlc3 (default)
Confidence bands can help manage risk for swing trades.
Long-Term Traders (Position Trading)
EMA Length: 50 to 200
Moving Average Length: 20 to 50
Forecast Length: 200
Source: hlc3 or ohlc4 for smoothing.
General Adjustments for Specific Markets:
Crypto (Highly Volatile)
EMA Length: 10 to 20
Moving Average Length: 10
Forecast Length: 50 to 100
Median filter length: 5
Forex (Moderately Volatile)
EMA Length: 20 to 50
Moving Average Length: 20
Forecast Length: 100
Median filter length: 5
Stocks/Indices (Less Volatile)
EMA Length: 50
Moving Average Length: 20
Forecast Length: 100 to 200
Median filter length: 5
Future Trend Indicator (FTI)Future Trend Indicator (FTI)
The Future Trend Indicator (FTI) is a versatile and innovative tool designed to analyze market trends, smooth out noise, and provide a forward-looking forecast of potential price movements. Built with advanced features such as polynomial regression, EMA smoothing, confidence bands, and cross-validation metrics, this indicator offers a comprehensive approach for traders to gain insights into future price trends while maintaining realistic error margins.
Key Features:
Exponential Moving Average (EMA) Integration
The FTI incorporates a user-configurable EMA to smooth out short-term price fluctuations and highlight the overall market trend. This provides a stable and reliable reference for assessing price action.
Noise Reduction via Median Filter
To improve signal clarity, the source data is processed using a Median Filter, effectively reducing the impact of outliers and market noise. This ensures that the forecast focuses on meaningful price movements.
Polynomial Regression Forecast
A polynomial regression model is used to project future price movements based on historical data. This advanced statistical approach models potential non-linear trends, offering a sophisticated and adaptive forecast for the next specified period.
Confidence Bands for Forecast Accuracy
Upper and lower confidence bands are calculated using standard deviation, visually representing the potential error margin around the forecast. This feature provides traders with an understanding of the forecast's reliability and the expected price range.
Dynamic Visualization
The indicator uses visually appealing and intuitive plotting techniques:
A forecast line dynamically shifts based on polynomial regression and historical data.
Confidence bands are displayed with semi-transparent green (upper) and red (lower) shading for quick visual interpretation.
The EMA is displayed as a blue line for smooth trend observation.
Cross-Validation with RMSE (Root Mean Square Error)
The indicator includes an error metric to measure the accuracy of its forecast against actual future price movements. The RMSE is displayed as a yellow label on the chart, helping traders evaluate the forecast's historical precision.
Flexible Data Source
By default, the FTI uses hlc3 (the average of high, low, and close prices) as its source, providing a balanced view of market activity. Traders can easily customize this input to suit their preferences.
Forecast Customization
Users can configure the length of the forecast, moving average, and EMA to tailor the indicator to different trading styles and timeframes.
EMA Length
Purpose: Smoothens the price action to identify the primary trend.
Recommendation:
Short-term traders (scalping/day trading): Use a shorter EMA length (e.g., 10 or 20) to make the indicator more responsive to recent price movements.
Medium-term traders (swing trading): Use a moderate EMA length (e.g., 50) to capture broader trends while avoiding short-term noise.
Long-term traders (position trading): Use a longer EMA length (e.g., 100 or 200) to focus on the dominant trend over a longer period.
Default Value: 20
Moving Average Length
Purpose: Used in trend calculations to smooth out data further.
Recommendation:
Similar to the EMA, shorter lengths provide faster signals but are more sensitive to noise, while longer lengths offer smoother signals but may lag.
For crypto or forex (volatile markets): Start with 10 to 20.
For stocks or indices (less volatile): Use 20 to 50 for more stable trends.
Default Value: 10
Forecast Length
Purpose: Determines how many bars into the future the indicator projects.
Recommendation:
Short-term trading: Use a smaller forecast length (e.g., 50) to project near-term price movements.
Medium- to long-term trading: Use a higher value (e.g., 100 to 200) to focus on longer-term forecasts.
Keep in mind that longer forecasts tend to have greater uncertainty. Confidence bands (enabled in this script) will widen as the forecast length increases, reflecting higher error potential.
Default Value: 100
Order Blocks - VK TradingOrder Blocks - VK Trading
This script in Pine Script identifies and highlights Order Blocks, key tools in institutional trading. Designed for traders of all levels, it provides clear and customizable visualization, helping you anticipate market movements with greater accuracy.
Key Features:
Order Block Visualization: Highlights relevant bullish and bearish zones directly on the chart.
Customizable Settings: Adjust sensitivity, colors, and other parameters to suit your analysis needs.
Dual Block Detection: Uses two independent settings to cover different market perspectives.
Visual Alerts: Automatic line drawing for key levels.
Automatic Clearing: Dynamic clearing of already invalidated blocks.
User Benefits:
Clear Visual Analysis: Identifies key supply and demand points used by institutions.
Improved Trading Decisions: Anticipate entry and exit zones more accurately.
Time Saver: Automates level plotting, allowing you to focus on strategy and execution.
Strategy Adaptability: Compatible with Smart Money, Wyckoff, and Price Action approaches.
Disclaimer:
This script is an educational and analytical tool. It does not guarantee specific results or eliminate trading risk. Trading in the financial markets involves significant risks; use this script at your own risk.
Pivot High/Low [s3]This is a technical analysis tool that identifies significant price pivot points (highs and lows) in the market. It looks for both major and minor pivot points, which can help traders identify potential support and resistance levels, trend reversals, and breakout opportunities.
How Pivot Points Are Calculated:
The indicator uses a straightforward "higher than everything around it" or "lower than everything around it" approach:
For Pivot Highs:
- The indicator looks at a specific bar and compares it to bars before and after it
- For a major pivot high: It checks 50 bars to the left and 20 bars to the right
- If the bar's high price is higher than ALL bars within this range, it's marked as a pivot high
- Think of it like a mountain peak - it needs to be the highest point compared to everything around it
For Pivot Lows:
- Same concept but reversed - looking for valleys instead of peaks
- Checks the same ranges (50 left, 20 right)
- The bar's low price must be lower than ALL surrounding bars
- Like finding the bottom of a valley - it needs to be the lowest point in the area
Key Features:
1. Two types of pivot points:
- Major pivots (using longer lookback periods of 50 bars left, 20 bars right)
- Minor pivots (using half the lookback periods - 25 left, 10 right)
2. Visual elements:
- Triangle markers above/below bars for pivot points
- Dotted lines extending from pivot points
- Color coding: Green for lows (support), Red for highs (resistance)
- Major pivots are more prominent than minor pivots
3. Customizable alerts for:
- Formation of new pivot points
- Breakouts above/below pivot levels
Trading Applications:
1. Support and Resistance:
- Major pivot levels act as strong support (lows) and resistance (highs)
- Multiple touches of these levels increase their significance
- Minor pivots can indicate intermediate support/resistance levels
2. Trend Analysis:
- Higher highs and higher lows = Uptrend
- Lower highs and lower lows = Downtrend
- Breaking of major pivot levels can signal trend changes
3. Entry/Exit Signals:
- Long entries: When price bounces off major pivot lows
- Short entries: When price rejects from major pivot highs
- Take profits: At opposite pivot levels
- Stop losses: Just beyond the entry pivot level
4. Breakout Trading:
- Breaking above major pivot highs suggests bullish momentum
- Breaking below major pivot lows suggests bearish momentum
- Use the alert system to catch breakouts early
Settings Customization:
- Adjust lookback periods based on your timeframe
- Toggle visibility of markers and lines
- Customize colors for better visibility
- Enable/disable specific types of alerts
Risk Management Tips:
1. Don't rely solely on pivot points - combine with other indicators
2. Wait for confirmation of bounces/rejections before entering trades
3. Use proper position sizing based on stop loss placement
4. Consider market context and overall trend when trading pivot levels
This indicator is particularly useful for swing traders and position traders who focus on key market turning points and trend changes. It helps identify significant price levels where the market has previously shown reaction, making it valuable for both trend following and counter-trend strategies.
Volume & Range Spike DiamondVolume & Range Spike Diamond
Detect significant volume and price range breakouts directly on your chart with this intuitive indicator.
This TradingView indicator highlights bullish and bearish breakout opportunities by analyzing both volume and price range spikes. Perfect for identifying strong market movements in real-time.
Key Features:
Volume Increase Threshold (%): Customize the percentage increase in volume required to trigger a spike.
Price Range Increase Threshold (%): Define the percentage increase in the price range for additional precision.
Volume Lookback Period: Set the number of bars to calculate the average volume for comparison.
Bullish and Bearish Signals: Highlights bullish spikes below bars and bearish spikes above bars using colored diamonds.
Detailed Labels: Optionally display labels with percentage increases for volume and range.
Alerts Integration: Receive notifications for bullish and bearish breakout conditions.
How It Works:
The indicator compares the current bar's volume to the average volume of previous bars over the specified lookback period.
It also evaluates the price range (high - low) of the current bar against the previous bar.
If both volume and price range exceed their respective thresholds, a breakout condition is flagged.
Bullish spikes are displayed with upward-pointing diamonds below the bars, while bearish spikes use downward-pointing diamonds above the bars.
Optional labels show detailed percentage increases for both metrics.
Customization Options:
// Inputs
volumeIncreaseThreshold = input.float(50, "Volume Increase Threshold (%)", minval=0, step=5)
rangeIncreaseThreshold = input.float(200, "Price Range Increase Threshold (%)", minval=0, step=5)
lookbackPeriod = input.int(5, "Volume Lookback Period", minval=1, maxval=50)
showLastLabel = input.bool(false, "Show Only Last Label")
Alerts Configuration:
Bullish Volume Breakout: Triggered when a bullish spike is detected.
Bearish Volume Breakout: Triggered when a bearish spike is detected.
Enhance your trading strategy by detecting high-probability breakout opportunities with this reliable indicator!
