Moving Average Trend ToolsI. How M.A.T.T. Adds Value to the TradingView Community:
The "Moving Average Trend Tools" (M.A.T.T.) is a versatile Pine Script v6 indicator that empowers traders with clear trend analysis, reliable trade signals, and real-time insights. Its intuitive design and robust features make it a valuable addition to the TradingView Community Scripts by catering to traders of all levels. Here’s why it stands out:
Clear Trend Visualization: M.A.T.T. plots a moving average (MA) with dynamic coloring—green for rising, red for falling, and gray for flat—based on a user-defined lookback period. This simplifies trend interpretation, helping traders quickly assess market momentum.
Reliable Trade Signals : The script identifies price crossovers above or below the MA, plotting green circles for bullish crosses and red for bearish, confirmed on closed bars to prevent repainting. These signals guide entry and exit points for trend-following or reversal strategies.
Real-Time Extension Detection : M.A.T.T. calculates percentage price deviations from the MA, displaying real-time labels when thresholds (e.g., 6%) are exceeded. This highlights overextended moves, ideal for spotting reversals or pullbacks, with alerts to keep traders informed.
Extensive Customization : Traders can tailor the MA type (SMA, EMA, WMA, HMA), length, colors, line width, and label sizes. This flexibility supports diverse strategies across markets like stocks, forex, and crypto, from scalping to swing trading.
Automated Alerts : Alert conditions for crossovers and extensions integrate seamlessly with TradingView’s system, enabling traders to stay updated without constant chart monitoring.
M.A.T.T. combines trend analysis, signal generation, and overextension detection into a single, user-friendly tool. Its accessibility, reliability, and educational value for Pine Script learners make it a compelling contribution to the community.
II. What M.A.T.T. Does, How It Works, and Its Originality:
What It Does :
M.A.T.T. enhances trend analysis and trade decision-making through three core features:
Dynamic MA Visualization: Plots a customizable MA (SMA, EMA, WMA, or HMA) with trend-based coloring to reflect rising, falling, or flat market conditions.
Price Crossover Signals : Marks bullish (green circles) and bearish (red circles) crossovers, confirmed on closed bars, with alerts for trade opportunities.
Price Extension Labels : Displays real-time percentage deviations of price from the MA, with alerts when user-defined thresholds are breached, signaling potential reversals.
How It Works :
M.A.T.T. leverages Pine Script v6 for precise calculations and user-friendly outputs:
Inputs: Users select MA type, length, lookback period, colors, and thresholds for extensions, plus label styles and sizes for customization.
MA Calculation : A switch function computes the chosen MA (e.g., ta.ema(close, 21) for EMA). Trend direction is determined using ta.rising or ta.falling over the lookback period, coloring the MA accordingly.
Crossover Logic : Bullish crossovers (close > ma and close < ma ) and bearish crossovers (close < ma and close > ma ) are plotted as circles on confirmed bars (barstate.isconfirmed) to ensure reliability. Alerts trigger only on the first bar of a crossover.
Extension Logic : Percentage deviations are calculated as ((price - ma) / ma) * 100, using the high for above-MA extensions and low for below. Labels appear in real-time when thresholds are exceeded, with alerts on transitions to avoid noise.
Why It’s Original
M.A.T.T. distinguishes itself through a unique blend of features and thoughtful design:
All-in-One Design : It integrates dynamic MA coloring, non-repainting crossover signals, and real-time extension detection, addressing trend identification, trade signals, and overextension warnings in one tool—unlike most MA indicators that focus on a single aspect.
Real-Time Extension Labels : Displaying percentage deviations with customizable thresholds is a rare feature, ideal for volatile markets and not commonly found in standard scripts.
Non-Repainting Signals : Confirmed crossover signals enhance reliability for live trading, setting M.A.T.T. apart from less rigorous indicators.
Optimized Alert Condtions : Alerts trigger only on transitions (e.g., first bar of a crossover or extension), reducing noise and improving usability.
Visual and Functional Flexibility : Support for four MA types, extensive customization, and a clean interface (dynamic colors, tiny circles, clear labels) make it adaptable and user-friendly.
While MA plotting or crossovers exist elsewhere, M.A.T.T.’s seamless integration, real-time extension detection, alert conditions, and focus on reliability and customization create a distinctive, practical tool. Its balance of simplicity and sophistication makes it a unique asset for the TradingView community.
Phân tích Xu hướng
Golden Cross with ArrowsGolden Cross with Arrows
An easy‑to‑read Moving Average crossover indicator with visual arrow cues for TradingView
Overview
The “Golden Cross with Arrows” script detects when a fast Exponential Moving Average (EMA) crosses above or below a slower EMA—commonly known as the “Golden Cross” (bullish) and “Death Cross” (bearish). Rather than relying on color‑changing lines alone, it overlays discrete arrows on the chart:
Green up‑arrow beneath the bar when the fast EMA crosses above the slow EMA (bullish signal)
Red down‑arrow above the bar when the fast EMA crosses below the slow EMA (bearish signal)
This makes it simple to spot trend shifts at a glance, even on crowded charts.
Key Features
Customizable Periods
Fast EMA Period: Default 13 bars, user‑adjustable
Slow EMA Period: Default 49 bars, user‑adjustable
Source Selection
Choose the data series (e.g. close, hl2, custom) for each EMA independently
Clear Visuals
Bold red and yellow EMA lines
Prominent arrow markers that never clutter the price plot
Lightweight & Overlay‑Friendly
Plots only two lines + two shape series
No repainting or lookahead tricks
How It Works
Calculate EMAs
fastEMA = ta.ema(sourceFast, lengthFast)
slowEMA = ta.ema(sourceSlow, lengthSlow)
Detect Crossovers
Bullish when fastEMA crosses above slowEMA
Bearish when fastEMA crosses below slowEMA
Draw Arrows
plotshape() with shape.arrowup and shape.arrowdown at each crossover bar
User Inputs
Input Description Default
Fast MA Source Data series for the fast EMA close
Fast MA Period Look‑back length for the fast EMA 13
Slow MA Source Data series for the slow EMA close
Slow MA Period Look‑back length for the slow EMA 49
Trading Tips
Confirm with Volume or Momentum: Use higher‑timeframe volume bars or an oscillator to filter false cross signals in choppy markets.
Combine with Price Action: Look for Golden/Death Crosses near key support/resistance zones for higher‑confidence entries.
Adjust Periods: Shorten EMAs for more signals on fast‑moving markets; lengthen for fewer, more reliable crosses on higher‑timeframe charts.
Pro Tip: Set a modest stop or trailing stop under/above the crossover bar to manage risk, especially when trading volatile instruments.
With its simple interface and unmistakable arrow markers, “Golden Cross with Arrows” helps you seize trend changes immediately—no more squinting at intersecting lines. Enjoy!
AlphaFlow: Oscillator PanelModular Oscillator Framework with WaveTrend, BBWP, RSI, Hybrid Money Flow, and Real-Time Structure Signals.
AlphaFlow: Oscillator Panel is a modular multi-oscillator system built for discretionary flow traders.
It provides real-time analysis across WaveTrend (momentum structure), BBWP (volatility squeeze detector), RSI (relative momentum), and a Hybrid Money Flow Engine (normalized MFI + CMF blend).
Unique real-time structure signals (Anchor, Trigger, Snake Eyes) help traders recognize momentum shifts visually without automation bias.
Key Features:
📈 Real-time pivot labeling (A / T / 👀) based on WaveTrend structure
📊 Multi-Timeframe Confluence Matrix (WT, RSI, VWAP-MACD, OBV)
🎨 Clean visual default styling with customizable Style Tab
🚫 No repainting, no future leaks — purely educational and discretionary by design
⚡ Note:
This script is one module of the full AlphaFlow System.
For complete functionality, combine it with:
AlphaFlow: Smart Money + ATR Fusion
AlphaFlow: Deployment Guide
📖 Quick Start:
➊ Add AlphaFlow: Oscillator Panel to your chart
➋ Add AlphaFlow: Smart Money + ATR Fusion for liquidity/trend mapping
➌ Add AlphaFlow: Deployment Guide for risk-based scaling decisions
Each module can be used individually or combined for maximum strategic benefit.
📖 How to Use:
➊ Load AlphaFlow: Oscillator Panel on your chart
➋ Watch for real-time structure signals:
🅰️ Anchor (A): Possible deep pivot forming
🔵 Trigger (T): Confirmation after Anchor
👀 Snake Eyes (double Anchor): High reversal probability
➌ Confirm multi-timeframe trend flow via Confluence Matrix (WT, RSI, VWAP-MACD, OBV)
⚡ Designed for discretionary analysis — no automated trading, no future prediction.
Support & Resitance [Dakon]Support & Resistance
The Support & Resistance indicator is designed to help traders identify key support and resistance levels in their trades, using pivot points and support/resistance zones. This indicator assists in finding important price levels that can act as critical areas for decision-making in trading.
Key Features:
Support and Resistance: The indicator draws key support and resistance levels on the chart, helping you easily identify important price zones.
Support/Resistance Zones: It provides the ability to draw support and resistance zones around the key levels, with adjustable width based on a percentage of the highest/lowest range in a given period.
Sensitivity Adjustment: The sensitivity of support and resistance levels can be customized to fit your trading strategy.
Line Style Options: Choose from different line styles such as Solid, Dotted, or Dashed for visual preference.
Auto Expand: Option to enable the expansion of support and resistance levels, allowing them to remain visible on the chart even as time progresses.
High and Low Zones: Display support and resistance zones around the high/low price levels in a specified period.
Settings:
Up Color: Choose the color for support levels.
Down Color: Choose the color for resistance levels.
SR On/Off: Enable or disable support and resistance level plotting.
Zones On/Off: Toggle the support/resistance zone display.
Expand SR: Enable or disable the expansion of support and resistance levels.
S/R Sensitivity: Adjust the sensitivity of support and resistance levels.
Line Style: Select from Solid, Dotted, or Dashed line styles.
Line Width: Adjust the line width for support and resistance levels.
Zone Width: Adjust the width of the support and resistance zones.
How to Use:
This indicator can be used on any time frame and is easy to incorporate into your trading strategy to identify potential entry and exit points.
To optimize the indicator, adjust the sensitivity settings to align with your trading style.
The Support & Resistance indicator is a useful tool for traders looking to accurately pinpoint support and resistance levels, improving trading performance by leveraging critical price zones.
Rolling Beta against SPY📈 Pine Script Showcase: Rolling Beta Against SPY
Understanding how your favorite stock or ETF moves in relation to a benchmark like the S&P 500 can offer powerful insights into risk and exposure. This script calculates and visualizes the rolling beta of any asset versus the SPY ETF (which tracks the S&P 500).
🧠 What Is Beta?
Beta measures the sensitivity of an asset's returns to movements in the broader market. A beta of:
- 1.0 means the asset moves in lockstep with SPY,
- >1.0 indicates higher volatility than the market,
- <1.0 implies lower volatility or possible defensive behavior,
- <0 suggests inverse correlation (e.g., hedging instruments).
🧮 How It Works
This script computes rolling beta over a user-defined window (default = 60 periods) using classic linear regression math:
- Calculates daily returns for both the asset and SPY.
- Computes covariance between the two return streams.
- Divides by the variance of SPY returns to get beta.
⚙️ Customization
You can adjust the window size to control the smoothing:
- Shorter windows capture recent volatility changes,
- Longer windows give more stable, long-term estimates.
📊 Visual Output
The script plots the beta series dynamically, allowing you to observe how your asset’s correlation to SPY evolves over time. This is especially useful in regime-change environments or during major macroeconomic shifts.
💡 Use Cases
- Portfolio construction: Understand how your assets co-move with the market.
- Risk management: Detect when beta spikes—potentially signaling higher market sensitivity.
- Market timing: Use beta shifts to infer changing investor sentiment or market structure.
📌 Pro Tip: Combine this rolling beta with volatility, Sharpe ratio, or correlation tracking for a more robust factor-based analysis.
Ready to add a layer of quantitative insight to your chart? Add the script to your watchlist and start analyzing your favorite tickers against SPY today!
Stochastic with EMA + BOS FOR XAUUSD 5MThis indicator combines multi-timeframe Stochastic signals (from M1, M5, M15, M30) with an EMA-based trend filter on M1 to generate bullish and bearish signals. It applies dynamic Stochastic thresholds depending on the M1 EMA trend (fast vs. slow), so the trigger levels for oversold/overbought conditions adjust according to recent market bias. Additionally, it blocks signals if price is too close to the 4H (or ~24H on a 5-minute chart) high or low, helping to avoid entries at potential extremes.
A simple Break of Structure (BOS) check tracks if a bullish or bearish break happened within the last few hours. Signals become stricter if a recent BOS favors the opposite side. The script also looks at the current 3-hour range to classify swing levels as low, medium, or high. Each valid signal is plotted (triangle on the chart) and tied to an alert condition that includes the swing classification. This makes it easier to spot potential high-conviction setups versus more conservative or lower-volatility ones.
Beware NEWS!
Fractal Wave MarkerFractal Wave Marker is an indicator that processes relative extremes of fluctuating prices within 2 periodical aspects. The special labeling system detects and visually marks multi-scale turning points, letting you visualize fractal echoes within unfolding cycles dynamically.
What This Indicator Does
Identifies major and minor swing highs/lows based on adjustable period.
Uses Phi in power exponent to compute a higher-degree swing filter.
Labels of higher degree appear only after confirmed base swings — no phantom levels, no hindsight bias. What you see is what the market has validated.
Swing points unfold in a structured, alternating rhythm . No two consecutive pivots share the same hierarchical degree!
Inspired by the Fractal Market Hypothesis, this script visualizes the principle that market behavior repeats across time scales, revealing structured narrative of "random walk". This inherent sequencing ensures fractal consistency across timeframes. "Fractal echoes" demonstrate how smaller price swings can proportionally mirror larger ones in both structure and timing, allowing traders to anticipate movements by recursive patterns. Cycle Transitions highlight critical inflection points where minor pivots flip polarity such as a series of lower highs progress into higher highs—signaling the birth of a new macro trend. A dense dense clusters of swing points can indicate Liquidity Zones, acting as footprints of institutional accumulation or distribution where price action validates supply and demand imbalances.
Visualization of nested cycles within macro trend anchors - a main feature specifically designed for the chartists who prioritize working with complex wave oscillations their analysis.
Dskyz (DAFE) Aurora Divergence - Dskyz (DAFE) Aurora Divergence Indicator
Advanced Divergence Detection for Traders. Unleash the power of divergence trading with this cutting-edge indicator that combines price and volume analysis to spot high-probability reversal signals.
🧠 What Is It?
The Dskyz (DAFE) Aurora Divergence Indicator is designed to identify bullish and bearish divergences between the price trend and the On Balance Volume (OBV) trend. Divergence occurs when the price of an asset and a technical indicator (in this case, OBV) move in opposite directions, signaling a potential reversal. This indicator uses linear regression slopes to calculate the trends of both price and OBV over a specified lookback period, detecting when these two metrics are diverging. When a divergence is detected, it highlights potential reversal points with visually striking aurora bands, orbs, and labels, making it easy for traders to spot key signals.
⚙️ Inputs & How to Use Them
The indicator is highly customizable, with inputs grouped under "⚡ DAFE Aurora Settings" for clarity. Here’s how each input works:
Lookback Period: Determines how many bars are used to calculate the price and OBV slopes. Higher values detect longer-term trends (e.g., 20 for 1H charts), while lower values are more responsive to short-term movements.
Price Slope Threshold: Sets the minimum slope value for the price to be considered in an uptrend or downtrend. A value of 0 allows all slopes to be considered, while higher values filter for stronger trends.
OBV Slope Threshold: Similar to the price slope threshold but for OBV. Helps filter out weak volume trends.
Aurora Band Width: Adjusts the width of the visual bands that highlight divergence areas. Wider bands make the indicator more visible but may clutter the chart.
Divergence Sensitivity: Scales the strength of the divergence signals. Higher values make the indicator more sensitive to smaller divergences.
Minimum Strength: Filters out weak signals by only showing divergences above this strength level. A default of 0.3 is recommended for beginners.
Signal Cooldown (Bars): Prevents multiple signals from appearing too close together. Default is 5 bars, reducing chart clutter and helping traders focus on significant signals.
These inputs allow traders to fine-tune the indicator to match their trading style and timeframe.
🚀 What Makes It Unique?
This indicator stands out with its innovative features:
Price-Volume Divergence: Combines price trend (slope) and OBV trend for more reliable signals than price-only divergences.
Aurora Bands: Dynamic visual bands that highlight divergence zones, making it easier to spot potential reversals at a glance.
Interactive Dashboard: Displays real-time information on trend direction, volume flow, signal type, strength, and recommended actions (e.g., "Consider Buying" or "Consider Selling").
Signal Cooldown: Ensures only the most significant divergences are shown, reducing noise and improving usability.
Alerts: Built-in alerts for both bullish and bearish divergences, allowing traders to stay informed even when not actively monitoring the chart.
Beginner Guide: Explains the indicator’s visuals (e.g., aqua orbs for bullish signals, fuchsia orbs for bearish signals), making it accessible for new users.
🎯 Why It Works
The indicator’s effectiveness lies in its use of price-volume divergence, a well-established concept in technical analysis. When the price trend and OBV trend diverge, it often signals a potential reversal because the underlying volume support (or lack thereof) is not aligning with the price action. For example:
Bullish Divergence: Occurs when the price is making lower lows, but the OBV is making higher lows, indicating weakening selling pressure and potential upward reversal.
Bearish Divergence: Occurs when the price is making higher highs, but the OBV is making lower highs, suggesting weakening buying pressure and potential downward reversal.
The use of linear regression ensures smooth and accurate trend calculations over the specified lookback period. The divergence strength is then normalized and filtered based on user-defined thresholds, ensuring only high-quality signals are displayed. Additionally, the cooldown period prevents signal overload, allowing traders to focus on the most significant opportunities.
🧬 Indicator Recommendation
Best For: Traders looking to identify potential trend reversals in any market, especially those where volume data is reliable (e.g., stocks, futures, forex).
Timeframes: Suitable for all timeframes. Adjust the lookback period accordingly—smaller values for shorter timeframes (e.g., 1H), larger for longer ones (e.g., 4H or daily).
Pair With: Support and resistance levels, trend lines, other oscillators (e.g., RSI, MACD) for confirmation, and volume profile tools for deeper analysis.
Tips:
Look for divergences at key support/resistance levels for higher-probability setups.
Pay attention to signal strength; higher strength divergences are often more reliable.
Use the dashboard to quickly assess market conditions before entering a trade.
Set up alerts to catch divergences even when not actively watching the chart.
🧾 Credit & Acknowledgement
This indicator builds upon the classic concept of price-volume divergence, enhancing it with modern visualization techniques, advanced filtering, and user-friendly features. It is designed to provide traders with a powerful yet intuitive tool for spotting reversals.
📌 Final Thoughts
The Dskyz (DAFE) Aurora Divergence Indicator is more than just a divergence tool; it’s a comprehensive trading assistant that combines advanced calculations, intuitive visualizations, and actionable insights. Whether you’re a seasoned trader or just starting out, this indicator can help you spot high-probability reversal points with confidence.
Use it with discipline. Use it with clarity. Trade smarter.
**I will continue to release incredible strategies and indicators until I turn this into a brand or until someone offers me a contract.
-Dskyz
Dskyz (DAFE) Turning Point Indicator - Dskyz (DAFE) Turning Point Indicator — Smart Reversal Signals
Inspired by the intelligent logic of a pervious indicator I saw. This script represents a next-generation reversal detection system—completely re-engineered with cutting-edge filters, adaptive logic, and intelligent dashboards.
The Dskyz (DAFE) Turning Point Indicator
🧠 What Is It?
is designed to identify key market reversal zones with extraordinary accuracy by combining trend direction, volatility confirmation, price action patterns, and smart filtering layers—all visualized in a highly interactive and informative chart overlay.
This isn’t just a signal generator—it’s a decision-making assistant.
⚙️ Inputs & How to Use Them
All input fields are grouped for ease-of-use and explanation:
🔸 Reversal Logic Settings
Source: The price source used for signal generation (default: hlcc4). Can be changed to any standard price formula (open, close, hl2, etc.).
ATR Period: Used for determining volatility and dynamic trailing stop logic.
Supertrend Factor / Period: Calculates directional movement to detect trending vs choppy zones.
Reversal Sensitivity Thresholds: Internal logic filters minor pullbacks from true reversals.
🔸 Filters
Trend Filter: Enables trend-only signals (optional).
Volume Spike Filter: Confirms reversals with significant volume activity.
Volatility Zone Coloring: Visually highlights high-volatility areas to avoid late entries or fakeouts.
Custom High/Low Detection: Smart local top/bottom scanning to reinforce accuracy.
🔸 Visual & Dashboard Options
Signal Labels: Toggle signal labels on the chart.
Color Theme: Choose your visual theme for easier visibility.
Dashboard Toggle: Activate a compact dashboard summarizing strategy health (win rate, drawdown, trend state, volatility).
🧩 Functions Used
ta.supertrend(): Determines trend direction for signal confirmation and filtering.
ta.atr(): Calculates real-time volatility to determine trailing stop exits and visual zones.
ta.rsi() (internally optimized): Helps filter overbought/oversold conditions.
Local High/Low Scanner: Tracks recent pivots using a custom dynamic lookback.
Signal Engine: Consolidates multiple confirmation layers before plotting.
🚀 What Makes It Unique?
Unlike traditional reversal indicators, this one combines:
Multi-factor signal validation: No single indicator makes the call—volume, trend, price action, and volatility all contribute.
Adaptive filtering: The indicator evolves with the market—less noise, smarter signals.
Visual volatility heatmap zones: Avoid entering during uncertainty or manipulation spikes.
Interactive trend dashboard: Immediate insight into the strength and condition of the current market phase.
Highly customizable: Turn features on/off to match your trading style—scalping, swing, or trend-following.
Precision timing: Uses optimized versions of RSI and ATR that adjust automatically with price context.
🧬 Recommended for:
Commodity: Futures, Forex, Crypto
Timeframes: 1m to 1h for active traders. 4h+ for swing trades.
Pair With: Support/resistance zones, Fibonacci levels, and smart money concepts for additional confluence.
🎯 Why It Works
- Traditional reversal signals suffer from lag and noise. This system filters both by:
- Using multi-source confirmation, not just price movement.
-Tracking volatility directly, not assuming static markets.
-Detecting exhaustion, not just divergence.
-Keeping your screen clean, with only the most relevant data shown.
🧾 Credit & Acknowledgement
🧠 Original Concept Inspiration: This project was deeply inspired by the work of Enes_Yetkin_ and their approach to reversal detection. This version expands on the concept with additional technical layers, updated visuals, and real-time adaptability.
📌 Final Thoughts
This is more than a reversal tool. It's a market condition interpreter, entry/exit planner, and risk assistant all in one. Every aspect is engineered to give you an edge—especially when timing means everything.
Use it with discipline. Use it with clarity. Trade smarter.
**I will continue to release incredible strategies and indicators until I turn this into a brand or until someone offers me a contract.
-Dskyz
FeraTrading Relative Volume IndicatorThis FeraTrading Relative Volume Indicator measures relative volume pressure by comparing buying and selling activity, smoothed using a configurable average. It helps traders identify volume-driven momentum shifts, offering dynamic buy and sell signals based on weighted pressure values.
Key Features:
📈 Relative Volume (RV) Line: Measures net buying/selling pressure using volume-weighted price action.
🟢 Buy Signals: Triggered when RV crosses above a smoothed moving average (SMA 1).
🔴 Sell Signals (optional): Triggered when RV crosses below a separate SMA (SMA 2).
🔍 Customizable Inputs: Adjust smoothing length, weight, and signal sensitivity.
🕯️ Weighted Candles (optional): Visualizes custom OHLC based on volume-weighted volatility.
📊 Two SMAs: Use separate or combined moving averages to analyze trends in pressure.
🎨 Flexible Styling: Customize line and signal colors to match your chart setup.
Use Cases:
Spotting accumulation/distribution phases
Timing entries during volume surges
Confirming breakout momentum with underlying volume pressure
This indicator was developed by FeraTrading to visualize relative volume pressure.
Intraday Uncertainty [PhenLabs]📊 Intraday Uncertainty
Version: PineScript™ v6
📌 Description
The Intraday Uncertainty indicator offers traders a visual representation of market certainty/uncertainty during trading sessions. By comparing each price bar’s range to the Average True Range (ATR), it provides an intuitive way to gauge market conviction through a color gradient system.
This tool helps traders identify periods of high certainty (potentially trending markets) versus high uncertainty (potentially choppy or volatile markets) without complex calculations or multiple indicators. The color-coded bars create an immediate visual cue to support decision-making in varying market conditions.
🚀 Points of Innovation
Automated range-to-ATR ratio calculation that adapts to changing market volatility
Dynamic color gradient system that visually distinguishes between certain and uncertain price action
Customizable gradient clamping to fine-tune sensitivity to market conditions
Integrated dashboard that provides clear interpretation guidance
Position-flexible legend that accommodates different chart layouts
Highly optimized for performance with minimal calculation overhead
🔧 Core Components
ATR Calculation: Measures market volatility using a configurable lookback period
Range-to-ATR Ratio: Compares current bar’s high-low range against average volatility
Gradient Mapping System: Converts numerical uncertainty values into an intuitive color scale
Dashboard Legend: Provides clear interpretation guidance with customizable positioning
🔥 Key Features
Bar Coloring: Instantly identifies market certainty levels through intuitive color gradients
Customizable ATR Period: Adjust sensitivity to historical volatility based on trading style
Gradient Clamping: Fine-tune the color sensitivity using the Range/ATR multiplier
Color Customization: Personalize the color scheme to match your chart aesthetics
Informative Dashboard: Quickly interpret color meanings with the optional on-chart legend
Flexible Display Options: Customize dashboard position and text size for your chart layout
🎨 Visualization
Color Gradient: Bars colored on a spectrum from green (high certainty) to red (high uncertainty)
Dashboard Legend: Optional on-chart guide explaining the color interpretation
Color Intensity: Stronger colors indicate more extreme certainty/uncertainty levels
At-a-glance Interpretation: Quickly identify market conviction without analyzing numbers
📖 Usage Guidelines
Calculation Settings
ATR Period
Default: 14
Range: 1+
Description: Controls the lookback period for ATR calculation. Lower values increase sensitivity to recent volatility, while higher values provide more stability.
Gradient Clamp (Range/ATR Multiplier)
Default: 2.0
Range: 0.1+
Description: Sets the maximum Range/ATR ratio for gradient scaling. Ranges above this value display the end color (high uncertainty).
Color Settings
Gradient Start Color (High Certainty)
Default: Green
Description: Color representing high market certainty (low Range/ATR ratio)
Gradient End Color (Low Certainty)
Default: Red
Description: Color representing low market certainty (high Range/ATR ratio)
Dashboard Settings
Show Dashboard Legend
Default: True
Description: Toggles the visibility of the on-chart interpretation guide
Dashboard Position
Options: top_right, top_left, bottom_right, bottom_left, middle_right, middle_left
Default: bottom_right
Description: Controls the placement of the dashboard on your chart
Dashboard Text Size
Options: tiny, small, normal, large, huge
Default: normal
Description: Adjusts the text size of the dashboard for readability
✅ Best Use Cases
Identifying potential trend shifts when certainty levels change dramatically
Confirming trend strength through consistent certainty levels
Detecting choppy/sideways markets with persistent high uncertainty
Filtering trading signals from other indicators based on certainty levels
Gauging market conviction behind price breakouts or pullbacks
Optimizing entry/exit timing based on certainty/uncertainty transitions
⚠️ Limitations
Does not predict future price direction, only measures current bar certainty
May provide false signals during news events or unexpected volatility spikes
Requires context within the broader market environment for optimal interpretation
Color interpretation is relative rather than absolute across different securities
ATR-based calculation means sensitivity varies across different timeframes
💡 What Makes This Unique
Simplicity: Single visual indicator that doesn’t require multiple technical tools
Adaptability: Automatically adjusts to changing market volatility conditions
Contextual Analysis: Provides market conviction context beyond just price movement
Intuitive Design: Color-based system that requires minimal learning curve
Efficiency: Lightweight calculation that doesn’t impact chart performance
🔬 How It Works
1. ATR Calculation:
Calculates the Average True Range using the specified period
Establishes a baseline for normal market volatility
2. Range Analysis:
Measures each bar’s high-low range
Compares this range to the current ATR value to create a ratio
3. Gradient Mapping:
Converts the Range/ATR ratio to a normalized value between 0 and 1
Maps this value onto a color gradient between the start and end colors
Applies the resulting color to the price bar
4. Dashboard Creation:
Constructs an information panel on the last visible bar
Populates it with color samples and interpretation guidance
💡 Note:
This indicator works best when used in conjunction with other technical analysis tools rather than in isolation. The certainty/uncertainty measure provides context for your trading decisions but should not be the sole basis for entries and exits. Consider using higher certainty periods for trend-following strategies and exercise caution during periods of high uncertainty.
No Wick Candle Finder"No Wick Candle Finder", is a visual that identifies and confirms candlestick patterns with no wicks—a rare but significant type of price action. Here's a breakdown of what it does, how it works, and why traders might find it useful:
This script highlights candles with no wicks and adds an extra layer of confirmation before plotting a signal.
📌 What is a No-Wick Candle?
A "no-wick" candle means:
Bullish (green) no-wick candle:
Open = Low
Close = High
Strong buying pressure from start to end of the candle.
Bearish (red) no-wick candle:
Open = High
Close = Low
Strong selling pressure throughout the candle.
These candles indicate a clear directional move with no retracement during the timeframe.
🧠 Trading Use Cases
Trend Continuation Entry: These candles can signal strong momentum continuation.
Breakout Confirmation: Often appear on breakouts—confirming strength.
Scalping or Intraday: Great for short timeframes where clean moves matter most.
round numberPurpose:
Draws multiple equidistant horizontal lines above and below a user-defined base price.
Input Parameters:
1. Base Price: Central reference price (default: 100.0)
2. Number of Lines: How many lines to draw above/below base price (default: 5 each)
3. Points Distance: Space between lines in points (default: 10 points)
4. Line Color: Customizable line color (default: blue)
5. Line Width: Adjustable thickness (1-4px, default: 1)
6. Show Labels: Toggle price labels on/off (default: on)
Dynamic Trade [Dakon]DYNAMIC TRADE
This indicator is designed for advanced trade management using three sets of long/short conditions, each with individual take profit logic. It helps traders track exit opportunities with precision across multiple strategies or layers of entries.
Features:
Multi-layer Take Profit system:
Separate TP logic for Long/Short from Condition 1, 2, and 3
Visual TP levels plotted directly on chart
ATR-based Trend Filter: Filters out trades that go against the current trend, using Average True Range logic to determine directional strength.
Alerts for TP hits (optional)
Noted :
Dynamic Take Profit Calculation: TP levels are calculated as a percentage above/below the entry price.
"Trend filter color is based on ATR and Signal condition to avoid bull and bear traps."
Long Entry: Enter only when all indicators show the same bullish color and signal confirmation
Short Entry: Enter only when all indicators show the same bearish color and signal confirmation
For better accuracy, it's recommended to use this indicator in conjunction with other tools or confirmation signals.
💡 Recommendation:
To increase the reliability of the signals, it's recommended to combine this indicator with other confirmation tools, such as the Support and Resistance indicator or momentum-based tools.
Mebob High-Low Lines (30 Days)Here is the introduction to the rules:
1. You trade it on the SP500 Index.
2. You use a 5-min chart.
3. You only use it during Regular trading hours only (09:30am – 15:00pm
Eastern Standard time).
A more detailed explanation follows below:
1. The US stock market indices opens at 09:30am New York local time.
2. The 5-min reference bar to wait for is the 10:05am – 10:10am bar.
3. This is the 8th 5min bar into the regular trading session.
4. Observe the high and the low of the reference bar.
5. Draw a horizontal line through the high of the reference bar.
6. Draw a horizontal line through the low of the reference bar.
7. If the SP500 closes above the high of the reference bar “highest line”, it is a
BUY signal.
8. If the SP500 closes below the low of the reference bar “lowest line”, it is a SELL
SHORT signal.
9. The stop loss is placed either at the most recent swing or above/below the
reference bar.
The seemingly erratic performance of the "MeBob" (trading rule) is simply what one
would expect from a trend following system. Bob, who has a lot of good stuff, was
simply giving the newbies a "Trigger" to get them into day trades at good times.
Global Liquidity IndexGlobal Liquidity Index
This indicator tracks worldwide liquidity by aggregating global M2 money supply, the U.S. Treasury General Account (TGA), the Federal Reserve’s Reverse Repo (RRP) facility, and major central bank balance sheets. It offers insight into the overall liquidity environment, often a key driver of risk asset performance.
Global Liquidity IndexGlobal Liquidity Index
This indicator tracks worldwide liquidity by aggregating global M2 money supply, the U.S. Treasury General Account (TGA), the Federal Reserve’s Reverse Repo (RRP) facility, and major central bank balance sheets. It offers insight into the overall liquidity environment, often a key driver of risk asset performance.
AllMA Trend Radar [trade_lexx]📈 AllMA Trend Radar is your universal trend analysis tool!
📊 What is AllMA Trend Radar?
AllMA Trend Radar is a powerful indicator that uses various types of Moving Averages (MA) to analyze trends and generate trading signals. The indicator allows you to choose from more than 30 different types of moving averages and adjust their parameters to suit your trading style.
💡 The main components of the indicator
📈 Fast and slow moving averages
The indicator uses two main lines:
- Fast MA (blue line): reacts faster to price changes
- Slow MA (red line): smoother, reflects a long-term trend
The combined use of fast and slow MA allows you to get trend confirmation and entry/exit points from the market.
🔄 Wide range of moving averages
There are more than 30 types of moving averages at your disposal:
- SMA: Simple moving average
- EMA: Exponential moving average
- WMA: Weighted moving average
- DEMA: double exponential MA
- TEMA: triple exponential MA
- HMA: Hull Moving Average
- LSMA: Moving average of least squares
- JMA: Eureka Moving Average
- ALMA: Arnaud Legoux Moving Average
- ZLEMA: moving average with zero delay
- And many others!
🔍 Indicator signals
1️⃣ Fast 🆚 Slow MA signals (intersection and ratio of fast and slow MA)
Up/Down signals (intersection)
- Buy (Up) signal:
- What happens: the fast MA crosses the slow MA from bottom to top
- What does the green triangle with the "Buy" label under the candle look
like - What does it mean: a likely upward trend reversal or an uptrend strengthening
- Sell signal (Down):
- What happens: the fast MA crosses the slow MA from top to bottom
- What does it look like: a red triangle with a "Sell" mark above the candle
- What does it mean: a likely downtrend reversal or an increase in the downtrend
Greater/Less signals (ratio)
- Buy signal (Greater):
- What happens: the fast MA becomes higher than the slow MA
- What does it look like: a green triangle with a "Buy" label under the candle
- What does it mean: the formation or confirmation of an uptrend
- Sell signal (Less):
- What happens: the fast MA becomes lower than the slow MA
- What does it look like: a red triangle with a "Sell" mark above the candle
- What does it mean: the formation or confirmation of a downtrend
2️⃣ Signals ⚡️ Fast MA (fast MA and price)
Up/Down signals (intersection)
- Buy signal (Up Fast):
- What happens: the price crosses the fast MA from bottom to top
- What does it look like: a green triangle with a "Buy" label under the candle
- What does it mean: a short-term price growth signal
- Sell signal (Down Fast):
- What happens: the price crosses the fast MA from top to bottom
- What does it look like: a red triangle with a "Sell" label above the candle
- What does it mean: a short-term price drop signal
Greater/Less signals (ratio)
- Buy signal (Greater Fast):
- What happens: the price is getting higher than the fast MA
- What does it look like: a green triangle with a "Buy" label under the candle
- What does it mean: the price is above the fast MA, which indicates an upward movement
- Sell signal (Less Fast):
- What happens: the price is getting lower than the fast MA
- What does it look like: a red triangle with a "Sell" mark above the candle
- What does it mean: the price is under the fast MA, which indicates a downward movement
3️⃣ Signals 🐢 Slow MA (slow MA and price)
Up/Down signals (intersection)
- Buy signal (Up Slow):
- What happens: the price crosses the slow MA from bottom to top
- What does it look like: a green triangle with a "Buy" label under the candle
- What does it mean: a potential medium-term upward trend reversal
- Sell signal (Down Slow):
- What happens: the price crosses the slow MA from top to bottom
- What does it look like: a red triangle with a "Sell" label above the candle
- What does it mean: a potential medium-term downward trend reversal
Greater/Less signals (ratio)
- Buy signal (Greater Slow):
- What happens: the price is getting above the slow MA
- What does it look like: a green triangle with a "Buy" label under the candle
- What does it mean: the price is above the slow MA, which indicates a strong upward movement
- Sell signal (Less Slow):
- What is happening: the price is getting below the slow MA
- What does it look like: a red triangle with a "Sell" mark above the candle
- What does it mean: the price is under the slow MA, which indicates a strong downward movement
🛠 Filters to filter out false signals
1️⃣ Minimum distance between the signals
- What it does: sets the minimum number of candles between signals of the same type
- Why it is needed: it prevents the appearance of too frequent signals, especially during periods of high volatility
- How to set it up: Set a different value for each signal type (default: 3-5 bars)
- Example: if the value is 3 for Up/Down signals, after the buy signal appears, the next buy signal may appear no earlier than 3 bars later
2️⃣ Advanced indicator filters
🔍 RSI Filter
- What it does: Checks the Relative Strength Index (RSI) value before generating a signal
- Why it is needed: it helps to avoid countertrend entries and catch reversal points
- How to set up:
- For buy signals (🔋 Buy): set the RSI range, usually in the oversold zone (for example, 1-30)
- For sell signals (🪫 Sell): set the RSI range, usually in the overbought zone (for example, 70-100)
- Example: if the RSI = 25 (in the range 1-30), the buy signal will be confirmed
📊 MFI Filter (Cash Flow Index)
- What it does: analyzes volumes and the direction of price movement
- Why it is needed: confirms signals with data on the activity of cash flows
- How to set up:
- For buy signals (🔋 Buy): set the MFI range in the oversold zone (for example, 1-25)
- For sell signals (🪫 Sell): set the MFI range in the overbought zone (for example, 75-100)
- Example: if MFI = 80 (in the range of 75-100), the sell signal will be confirmed
📈 Stochastic Filter
- What it does: analyzes the position of the current price relative to the price range
- Why it is needed: confirms signals based on overbought/oversold conditions
- How to configure:
- You can configure the K Length, D Length and Smoothing parameters
- For buy signals (🔋 Buy): set the stochastic range in the oversold zone (for example, 1-20)
- For sell signals (🪫 Sell): set the stochastic range in the overbought zone (for example, 80-100)
- Example: if stochastic = 15 (is in the range of 1-20), the buy signal will be confirmed
🔌 Connecting to trading strategies
The indicator provides various connectors to connect to your trading strategies.:
1️⃣ Individual connectors for each type of signal
- 🔌Fast vs Slow Up/Down MA Signal🔌: signals for the intersection of fast and slow MA
- 🔌Fast vs Slow Greater/Less MA Signal🔌: signals of the ratio of fast and slow MA
- 🔌Fast Up/Down MA Signal🔌: signals of the intersection of price and fast MA
- 🔌Fast Greater/Less MA Signal🔌: signals of the ratio of price and fast MA
- 🔌Slow Up/Down MA Signal🔌: signals of the intersection of price and slow MA
- 🔌Slow Greater/Less MA Signal🔌: Price versus slow MA signals
2️⃣ Combined connectors
- 🔌Combined Up/Down MA Signal🔌: combines all the crossing signals (Up/Down)
- 🔌Combined Greater/Less MA Signal🔌: combines all the signals of the ratio (Greater/Less)
- 🔌Combined All MA Signals🔌: combines all signals (Up/Down and Greater/Less)
❗️ All connectors return values:
- 1: buy signal
- -1: sell signal
- 0: no signal
📚 How to start using AllMA Trend Radar
1️⃣ Selection of types of moving averages
- Add an indicator to the chart
- Select the type and period for the fast MA (default: DEMA with a period of 14)
- Select the type and period for the slow MA (default: SMA with a period of 14)
- Experiment with different types of MA to find the best combination for your trading style
2️⃣ Signal settings
- Turn on the desired signal types (Up/Down, Greater/Less)
- Set the minimum distance between the signals
- Activate and configure the necessary filters (RSI, MFI, Stochastic)
3️⃣ Checking on historical data
- Analyze how the indicator works based on historical data
- Pay attention to the accuracy of the signals and the presence of false alarms
- Adjust the settings if necessary
4️⃣ Introduction to the trading strategy
- Decide which signals will be used to enter the position.
- Determine which signals will be used to exit the position.
- Connect the indicator to your trading strategy through the appropriate connectors
🌟 Practical application examples
Scalping strategy
- Fast MA: TEMA with a period of 8
- Slow MA: EMA with a period of 21
- Active signals: Fast MA Up/Down
- Filters: RSI (range 1-40 for purchases, 60-100 for sales)
- Signal spacing: 3 bars
Strategy for day trading
- Fast MA: TEMA with a period of 10
- Slow MA: SMA with a period of 20
- Active signals: Fast MA Up/Down and Fast vs Slow Greater/Less
- Filters: MFI (range 1-25 for purchases, 75-100 for sales)
- Signal spacing: 5 bars
Swing Trading Strategy
- Fast MA: DEMA with a period of 14
- Slow MA: VWMA with a period of 30
- Active signals: Fast vs Slow Up/Down and Slow MA Greater/Less
- Filters: Stochastic (range 1-20 for purchases, 80-100 for sales)
- Signal spacing: 8 bars
A strategy for positional trading
- Fast MA: HMA with a period of 21
- Slow MA: SMA with a period of 50
- Active signals: Slow MA Up/Down and Fast vs Slow Greater/Less
- Filters: RSI and MFI at the same time
- The distance between the signals: 10 bars
💡 Tips for using AllMA Trend Radar
1. Select the types of MA for market conditions:
- For trending markets: DEMA, TEMA, HMA (fast MA)
- For sideways markets: SMA, WMA, VWMA (smoothed MA)
- For volatile markets: KAMA, AMA, VAMA (adaptive MA)
2. Combine different types of signals:
- Up/Down signals work better when moving from a sideways trend to a directional
one - Greater/Less signals are optimal for fixing a stable trend
3. Use filters effectively:
- The RSI filter works great in trending markets
- MFI filter helps to confirm the strength of volume movement
- Stochastic filter works well in lateral ranges
4. Adjust the minimum distance between the signals:
- Small values (2-3 bars) for short-term trading
- Average values (5-8 bars) for medium-term trading
- Large values (10+ bars) for long-term trading
5. Use combination connectors:
- For more reliable signals, connect the indicator through the combined connectors
💰 With the AllMA Trend Radar indicator, you get a universal trend analysis tool that can be customized for any trading style and timeframe. The combination of different types of moving averages and advanced filters allows you to significantly improve the accuracy of signals and the effectiveness of your trading strategy!
📊 TrendTracker Pro by Pinku📊 TrendTracker Pro by Pinku - A Powerful Trend Detection Tool 🚀
TrendTracker Pro by Pinku is a cutting-edge trading indicator designed to help traders identify the market’s trend with precision and clarity. Whether you're a beginner or an experienced trader, this tool simplifies the process of determining whether the market is in an uptrend, downtrend, or sideways.
🔍 Key Features:
Uptrend Detection 🔼: This indicator highlights when the market is moving upwards, signaling a potential buy opportunity.
Downtrend Detection 🔽: Identifies a downtrend in the market, indicating a possible selling opportunity.
Sideways Market ⏸️: The indicator also recognizes when the market is consolidating or moving sideways, allowing you to avoid risky trades during uncertain market conditions.
Customizable Settings: Adjust the Fast EMA and Slow EMA lengths, along with the sideways buffer percentage to fine-tune the trend detection based on your preferred trading strategy.
Table Display: The trend information is displayed in a clear and concise table on your chart, making it easy to track the market's direction at a glance.
Multiple Positions: You can choose where you want to position the trend table on your chart (Top Left, Top Right, Bottom Left, Bottom Right).
📈 How It Works:
The indicator uses a dual EMA strategy to detect market trends. By comparing the Fast EMA (20) and Slow EMA (50), it calculates the trend direction.
A buffer zone is applied to determine sideways market conditions when the difference between the two EMAs is minimal.
The result is a dynamic, easy-to-read trend table that updates in real-time as market conditions change.
💡 Perfect for:
Swing traders who want to capitalize on clear market trends.
Scalpers looking for precise and fast trend signals.
Trend-following traders who rely on moving averages and other technical indicators to make informed trading decisions.
New traders who are still learning how to identify trends and make profitable trades.
Why Use TrendTracker Pro?
In today’s fast-moving market, being able to identify trends quickly and accurately is crucial for success. TrendTracker Pro by Pinku streamlines this process by providing a simple yet powerful trend detection tool that can be used on any chart and time frame.
💥 Get Started Now: Simply add TrendTracker Pro by Pinku to your TradingView chart, adjust the settings according to your preference, and start seeing the market trends in real-time. Let it guide you to make smarter, more informed trading decisions.
Disclaimer:
Trading involves risk. Always do your own research and make decisions based on your risk tolerance and trading strategy.
This indicator does not guarantee profits and should be used as part of a broader risk management strategy.
Big Candle Highlighter (Nifty 1m)This indicator will help option buyers to avoid taking trade in impulsive candles.
For Example :
Normal 1m candle: ~10–15 pts
Big candle (possible liquidity/impulse): >18 pts
Very large / avoid chasing: >25 pts
If you see a candle that breaks structure with a 25-30 point range and closes strong, it’s often:
A liquidity sweep
A news spike
Or the start of an impulsive leg — in which case entering at close can be risky without a retest
Multi-Timeframe Trend Table📊 Multi-Timeframe Trend Table
Overview
This powerful trend-tracking tool gives you a real-time snapshot of market trends across multiple timeframes — all in one compact and color-coded table. Designed for traders who want fast, clean, and multi-timeframe awareness at a glance.
⸻
✅ Features
• 7 Key Timeframes Monitored:
2min · 5min · 15min · 1h · 4h · 1d · 1w
• Trend Detection Based on EMAs
Uses a fast (default 20) and slow (default 200) EMA to determine if a timeframe is trending:
• 🟢 Uptrend: Fast EMA is above slow EMA
• 🔴 Downtrend: Slow EMA is above fast EMA
• 🟠 Sideways: EMAs are close (configurable threshold)
• Raw EMA Distance
See the actual difference between fast and slow EMAs for each timeframe — great for gauging trend strength.
• EMA Slope Analysis
A unique “Slope” column tells you the current behavior of EMAs:
• 📈 Pointing Up
• 📉 Pointing Down
• 🔄 Crossing Up/Down
• ➡️ Lateral
• Instant Alerts
Alerts fire the moment a trend flips on any timeframe, keeping you ahead of market shifts.
• Optional Chart EMAs
Toggle on/off the fast and slow EMAs on your active chart for extra clarity.
⸻
🧠 Use Case Examples
• Confirm trades with alignment across multiple timeframes
• Spot early trend reversals with crossing behavior
• Add a higher-timeframe filter to your scalping system
• Monitor key EMAs without changing your chart timeframe
⸻
⚙️ Configuration
• EMA lengths and sideways threshold are fully adjustable
• Enable/disable chart overlays for EMAs
• Table dynamically updates in real time
⸻
💡 Pro Tip: Use this indicator alongside your entry strategy to only trade in the direction of the dominant trends.
⸻
Gold Price with Time ShiftOverview
The "Gold Price with Time Shift" indicator allows you to visualize the Gold price (XAUUSD) with a customizable time shift, enabling you to lag or lead the data by a specified number of bars. Whether you're analyzing historical trends or projecting Gold’s price into the future, this indicator provides a flexible tool to align Gold price movements with other market indicators or events.
Features
Customizable Time Shift: Shift the Gold price backward (lag) or forward (lead) by a user-defined number of bars. Positive values lag the data, while negative values project it into the future.
Future Projection: When leading the Gold price (negative time shift), the indicator extends the chart into the future, displaying the last known price as a flat projection for easy comparison.
Daily Timeframe: Fetches Gold price data on a daily timeframe, ensuring consistency for long-term analysis.
User-Friendly Inputs: Easily adjust the Gold ticker and time shift via the settings panel to suit your analysis needs.
ENIGMA 369
ENIGMA 369 is an innovative Pine Script indicator that combines two distinct yet complementary trading strategies: Break of Structure (BOS) Logic and Session-Based Sniper Signals.
This overlay indicator is designed to help traders identify significant market structure shifts and capitalize on high-probability intraday trading opportunities.
By integrating a sophisticated BOS detection system with a time- and trend-filtered entry mechanism, ENIGMA 369 offers a versatile tool for traders across various timeframes, from swing trading to scalping.
Unlike generic trend-following or scalping indicators, ENIGMA 369 employs specific, well-defined methodologies:
BOS Logic detects structural market shifts using a unique candle-pair pattern analysis, grounded in price action principles.
Sniper Logic targets precise entries during user-defined trading sessions, leveraging price momentum and optional EMA trend confirmation.
This dual approach makes ENIGMA 369 original by bridging long-term structural analysis with short-term tactical entries, all within a single, customizable framework.
What It Does
ENIGMA 369 serves two primary functions:
Break of Structure (BOS) Detection:
Identifies key market structure breaks by detecting specific candle patterns: BullBear (bullish candle followed by bearish) and BearBull (bearish candle followed by bullish).
Marks potential resistance (highs) or support (lows) levels from these patterns and confirms breakouts when price sustains above/below these levels for a user-defined number of bars.
Draws horizontal lines at confirmed breakout levels, which persist until price breaches a customizable buffer zone, signaling a potential reversal or invalidation.
Sniper Entry Signals:
Generates buy and sell signals during user-specified trading sessions (e.g., London or US sessions), focusing on candles that exhibit momentum characteristics (e.g., close above/below the candle’s midpoint with a lower low or higher high).
Optionally filters signals using an Exponential Moving Average (EMA) to align with the broader trend, reducing noise in choppy markets.
Plots dynamic lines at the candle’s high/low and 50% of the wick range, serving as potential entry or stop-loss levels, which are automatically removed when price crosses them.
How It Works
ENIGMA 369’s calculations are rooted in price action, market timing, and trend alignment, making it both intuitive and systematic. Here’s a breakdown of its methodologies:
BOS Logic:
Pattern Detection: The indicator looks for two-candle sequences where the first candle is significant (based on ATR-multiplied size) and the second opposes it.
For example, a BullBear pair (bullish then bearish) signals a potential resistance at the first candle’s high, while a BearBull pair (bearish then bullish) marks a potential support at the low.
ATR Filter: Uses the Average True Range (ATR) to ensure the first candle’s size (range or body) is substantial, filtering out insignificant patterns. Users can adjust the ATR period and multiplier for sensitivity.
Confirmation Mechanism: Requires price to close above (for bullish) or below (for bearish) the stored level for a set number of bars (default: 1), ensuring breakouts are sustained.
Line Management: Draws lines at confirmed breakout levels, extending them for a user-defined number of bars. Lines are deleted if price crosses a buffer zone (calculated as a percentage of price or ATR multiple), indicating the level’s invalidation.
Visualization: Optionally highlights BullBear/BearBull pairs with transparent background colors for easy pattern recognition.
Sniper Logic:
Momentum Detection: Identifies buy signals when a candle closes above its midpoint (indicating bullish pressure) and has a lower low than the previous candle, suggesting a potential reversal or continuation. Sell signals require a close below the midpoint and a higher high.
Session Timing: Restricts signals to user-defined London and US session hours (in UTC), capturing high-volatility periods.
Default settings (1-23 UTC) cover broad ranges but can be tightened (e.g., London: 7-11 UTC, US: 13-17 UTC) for precision.
EMA Filter: Optionally applies a 50-period EMA (adjustable) to ensure buy signals occur in uptrends (EMA rising) and sell signals in downtrends (EMA falling), enhancing signal reliability.
Line Plotting: Draws two lines per signal: one at the candle’s extreme (low for buy, high for sell) and another at 50% of the wick range (e.g., halfway between the candle body and low/high).
These lines act as reference points for entries or stops and are removed when price crosses them, reflecting dynamic market conditions.
Array Management: Uses arrays to handle multiple simultaneous lines, ensuring scalability without cluttering the chart.
Underlying Concepts
ENIGMA 369 is built on the following trading principles:
Market Structure: The BOS component reflects the idea that markets move through phases of consolidation and breakout. By identifying significant highs/lows from opposing candle pairs, it captures points where supply/demand dynamics shift, often preceding major trends.
Price Action: Both components rely on raw price behavior rather than lagging oscillators, making signals timely and relevant. The BOS uses candle relationships, while Sniper leverages candle anatomy (midpoint, wicks) for momentum.
Time-Based Trading: The Sniper logic capitalizes on high-liquidity sessions (London/US), where institutional activity often drives clear directional moves.
Trend Alignment: The optional EMA filter ensures signals align with the broader market context, reducing false entries in range-bound conditions.
Risk Management: Lines at key levels (BOS breakouts, Sniper highs/lows/wicks) provide visual cues for entries, stops, or targets, aiding disciplined trading.
This combination differentiates ENIGMA 369 from typical trend or scalping tools, which often rely on generic moving averages or RSI crossovers.
Instead, it uses a pattern-driven BOS system (akin to Smart Money concepts) and a momentum-session hybrid for Sniper signals, offering a nuanced approach to market analysis.
How to Use It
Setup:
Add ENIGMA 369 to your TradingView chart (Pine Script v5 compatible).
Access the settings to customize parameters:
BOS Settings:
Adjust ATR Period (default: 14) and Min Candle Size (default: 0.5x ATR) for pattern sensitivity.
Set Confirmation Bars (default: 1) to balance speed vs. reliability.
Choose Buffer Type (Percentage or ATR) and Buffer Zone Value (default: 0.1) to control when BOS lines are invalidated.
Enable Show Lines (default: true) and Highlight Candle Pairs (default: false) for visuals.
Customize Bullish/Bearish Line Color and Line Width/Length for clarity.
Sniper Settings:
Define London/US Start/End Hours (e.g., London: 7-11 UTC, US: 13-17 UTC) to match your market.
Enable EMA Filter (default: true) and adjust EMA Period (default: 50) for trend alignment.
Select line styles (Solid/Dotted/Dashed) and colors for buy/sell signals to distinguish from BOS lines.
Recommended timeframes: H1-H4 for BOS (trend/swing trading), M5-M15 for Sniper (intraday/scalping).
Trading with BOS:
Look for highlighted BullBear/BearBull pairs (if enabled) to anticipate potential levels.
When a green (bullish) or red (bearish) BOS line appears, it indicates a confirmed breakout.
Use these lines as support/resistance for entries, targets, or stops:
Bullish BOS: Enter long above the line, with a stop below the line or buffer zone.
Bearish BOS: Enter short below the line, with a stop above the line or buffer zone.
Monitor line deletion (price crossing buffer) as a signal to reassess the trend.
Trading with Sniper:
Watch for blue (buy) or orange (sell) lines during active sessions:
Buy Signal: Blue lines at the low and 50% wick suggest a long entry. Place stops below the low line and targets at recent resistance or a risk-reward ratio (e.g., 1:2).
Sell Signal: Orange lines at the high and 50% wick suggest a short entry. Place stops above the high line and targets at support.
Use the EMA filter to avoid signals against the trend (e.g., skip buy signals if EMA is declining).
Lines disappear when price crosses them, indicating the signal’s invalidation or completion.
Alerts:
Set up alerts for:
“Bullish BOS Confirmed” or “Bearish BOS Confirmed” for structural trades.
“Sniper Buy Alert” or “Sniper Sell Alert” for intraday entries.
Combine with other analysis (e.g., volume, key levels) for higher conviction.
Tips for Traders
Combine Strategies: Use BOS lines to identify the trend direction and Sniper signals for precise entries within that trend. For example, enter a Sniper buy signal only after a bullish BOS confirmation.
Timeframe Synergy: On higher timeframes (H4), BOS lines highlight major levels; on lower timeframes (M15), Sniper signals refine entries.
Session Optimization: Adjust session hours to your asset’s volatility (e.g., forex pairs shine during London open, equities during US open).
Risk Management: Always use stop-losses based on BOS or Sniper lines and maintain a favorable risk-reward ratio.
Backtesting: Test settings (e.g., ATR multiplier, EMA period) on your asset/timeframe to optimize performance.
Why It’s Original
ENIGMA 369 stands out by merging two specialized systems:
The BOS Logic adapts Smart Money concepts (order blocks, structure breaks) into a rigorous, ATR-filtered pattern detector, unlike generic support/resistance indicators.
The Sniper Logic blends session timing, momentum analysis, and EMA filtering, offering a scalping method that avoids the pitfalls of overtrading in low-volatility periods.
The dual framework allows traders to operate strategically (BOS for structure) and tactically (Sniper for entries), a rare combination in a single indicator.
Limitations
BOS: May lag in fast-moving markets due to confirmation bars; adjust to 1 bar for scalping.
Sniper: Signals are session-dependent, so ensure session hours align with your asset’s activity.
Overlaps: Multiple lines (BOS + Sniper) may clutter charts; customize colors/styles for clarity.
Not a Holy Grail: Best used with other confirmations (e.g., volume, news) to filter false signals.
Final Thoughts
ENIGMA 369 empowers traders with a dynamic tool to navigate market structure and seize intraday opportunities. Whether you’re a swing trader hunting major breakouts or a scalper targeting session-based moves, this indicator provides clear, actionable signals backed by robust price action logic. Experiment with its settings, align it with your trading plan, and let ENIGMA 369 guide you through the markets with precision and confidence.
This description is designed to be engaging and informative, giving traders a clear understanding of what ENIGMA 369 does, how it’s unique, and how to apply it effectively. It avoids vague claims (e.g., “follows trends”) and instead details the specific pattern-based BOS detection and momentum-session Sniper signals, making it valuable for both novice and experienced traders.
