Crazymoney.aiImportant Notes:
Indicators Are Tools, Not Guarantees:
Indicators are not trading advice or a 100% guarantee. You must use them alongside your own knowledge and analysis.
Past Performance Disclaimer:
While our indicator has been tested and shows a good win rate, always remember that "Past performance is not a guarantee of future results."
About This Script:
This script is designed using a combination of multiple indicators, but it’s far more sophisticated than simple "if 2 indicators say buy, we buy" logic. It incorporates coded logic that acts as a "brain" to make decisions. While it can't avoid all bad trades, it aims to reduce false signals significantly.
Additionally, the script is designed to prevent the common issue of repainting found in many other buy/sell signal scripts.
Recommendation:
I suggest forward testing this script for a few days to understand how it works and to build confidence in its application.
Settings Breakdown:
1. Entry Type:
1. All Trades: Displays unfiltered trades without applying any logic.
2. AI: Filters trades using built-in logic for more accurate signals.
2.Stop-Loss (SL) Type (Red Line):
1. None: No stop-loss applied.
2. Safe: Larger stop-loss determined by the script’s logic.
3. Aggressive: Smaller stop-loss based on the signal candle’s (candle with a square on top/bottom) high or low.
3. Take-Profit (TP) Type (Green Line):
1. None: No take-profit applied.
2. RR: Take-profit based on the risk-reward ratio, adjustable using the RR. Mult. setting.
4. "Are You Greedy?" Checkbox: If checked, this option shows signals for when you can add more quantity or reduce your position based on logic.
5. Magic Levels: Displays support and resistance levels as black lines.
6. Yellow Candles refers to training SL hit or SL hit or Traget it.
Refer to the chart on the indicator page for visual guidance and markings.
Phân tích Xu hướng
CMP & SMC Indicator V1.1Identifies CMP (Compression Candle) and SMC (Simultaneous Manipulation Candle
JOYMUKHERJEE+This Plus Strategy will show clear trends with perfect bullish and bearish labels on charts in realtime basis.
Custom Volume Profile rk 31.12.24How to Use and Setup the Strategy
Overview
The 'Custom Volume Profile rk final' strategy combines RSI (Relative Strength Index) and Volume analysis to help identify potential trading opportunities based on market momentum and volume behavior. It provides visual cues for both RSI and Volume, with customized thresholds and conditions for easy interpretation.
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Setup Instructions
Add the Script to Your Chart:
Copy the provided Pine Script code.
Open TradingView and go to the "Pine Editor" tab.
Paste the script and click "Add to Chart."
Configure Inputs:
RSI Settings:
RSI Length: Default is 14. Adjust as needed to change sensitivity.
RSI Source: Default is the closing price (close), but you can switch to other sources (e.g., open, high, low).
Volume Settings:
Multiplier for High Volume: Default is 2. Increase to focus on higher volume spikes.
Lookback Period for Low Volume: Default is 20. Adjust to define the average volume calculation period.
Understand the Indicators:
RSI:
Plotted as a percentage (0 to 100).
Key Levels:
Upper Band (60): Indicates potential overbought conditions.
Middle Band (50): Neutral zone.
Lower Band (40): Indicates potential oversold conditions.
Background Fill: Highlights the RSI range for better visibility.
Volume:
Columns are color-coded based on specific conditions:
Blue: High-volume bullish candles.
Orange: High-volume bearish candles.
Green: Regular bullish candles.
Red: Regular bearish candles.
Gray: Low-volume candles.
Yellow: Higher volume than the previous candle, and the previous candle was orange.
Cyan (#42fce3): Higher volume than the previous candle, and the previous candle was blue.
Average Volume Line: Black line to indicate the average volume for the lookback period.
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How to Interpret the Strategy
RSI:
Use RSI to gauge momentum:
If RSI crosses above 60, consider bullish opportunities.
If RSI drops below 40, consider bearish opportunities.
Stay cautious around the 50-neutral level.
Volume:
Look for volume spikes or drops as cues for potential trend strength or reversals.
Pay attention to color-coded bars:
Blue or Orange indicates high-volume candles—potential strong moves.
Yellow or Cyan indicates volume increasing compared to the previous candle, signaling growing momentum.
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Customization Tips
Adjust the RSI length and volume settings to align with your trading style or timeframe.
Modify the colors for better visibility according to your chart theme.
This strategy is designed for educational purposes and should be combined with other tools and analysis for effective trading decisions.
Note – only current value of RSI is shown, to use full RSI, turn off volume from style menu of indicator.
MarktQuants Supertrend"MarktQuants Supertrend" is an indicator designed to help traders visualize market trends using a combination of moving averages and dynamic range calculations. It adapts to market conditions, providing insights into potential trend directions:
Trend Identification:
Utilizes a customizable moving average (MA Type) with options like SMA, EMA, SMMA, WMA, VWMA, TEMA, DEMA, LSMA, HMA, or ALMA to smooth price action.
Calculates a dynamic range based on the highest high over a specified period (Length), adjusted by multipliers (Multiplier Alpha and Multiplier Beta).
Signal Generation:
The indicator assesses price relative to both the moving average and the calculated range (Average Range or Lookback Alpha and Beta).
Scores are computed to determine if the price action suggests a long (bullish) or short (bearish) trend via crossover signals from these scores.
Visual Indicators:
Candlesticks: The color changes based on the trend direction; greenish for long conditions and purplish for short conditions, enhancing visual trend recognition.
Moving Average Line: Plotted in semi-transparent color matching the trend, with a bold line for clarity.
Range Indicator: A line representing the average range, filled with semi-transparent color to show potential support or resistance levels.
Customization:
Users can toggle between using the average range or specific lookback periods for trend signals via the Use Average Range option.
Adjustable parameters for the moving average and range calculations allow for fine-tuning to various market instruments or trading styles.
Inputs:
Range Settings:
Length: Defines the period for calculating the highest high.
Lookback Alpha & Lookback Beta: Different lookback periods for range calculation.
Multiplier Alpha & Multiplier Beta: Multipliers for adjusting the range.
Use Average Range: Switch to use average or specific range for signals.
Color Inputs: Select the bullish and bearish colors based on the users personal preference.
Moving Average Settings:
Type: Choice of moving average type.
Length: Length of the moving average.
Source: The price source for the moving average calculation (default is close price).
Note: This indicator is best used alongside other analysis tools to confirm trends and signals. Always consider the broader market context.
This description should meet TradingView's standards for indicator descriptions, providing clear context, functionality, and customization options to potential users.
LevelUp^ Power Trend ScreenerScreen for symbols in a Power Trend using the Pine Screener. This screener supports all equity types from stocks to ETFs to crypto.
When a Power Trend is active, there is a stronger than usual uptrend underway. The concept of a Power Trend was created by Investor's Business Daily to mimic the trading style of IBD's Founder and legendary trader, William O'Neil.
🔹 What Starts A Power Trend?
✓ Low is above the 21-day EMA for at least 10 days.
✓ 21-day EMA is above the 50-day SMA for at least five days.
✓ 50-day SMA is in an uptrend.
✓ Close up for the day.
🔹 What Ends A Power Trend?
✓ 21-day EMA crosses under 50-day SMA.
✓ Close 10% below recent high and below the 50-day SMA.
🔹 Screening Features - Setting Your Search Criteria
There are various search options that can be customized to meet your preferences.
▪ In A Power Trend
To cast the widest net, select only this option and all stocks in a Power Trend will be returned.
▪ Power Trend Started
This option will search for symbols that began a Power Trend on the most recent daily bar.
▪ Power Trend Ended
This option will search for symbols where there was an active Power Trend, however, it ended on the most recent daily bar.
▪ Days In A Power Trend
This option can be helpful if you would like to find stocks that recently entered a Power Trend, for example, stocks that have been in a Power Trend for less than 5 days. Another use would be to search for stocks where the Power Trend has been active for a longer period of time, for instance, over 50 days.
▪ 1 Week % Change
With this option you can search for stocks that are up/down a specific percentage over the past week. For example, search for stocks in a Power Trend that are up 5% or more in the past week.
▪ 1 Month % Change
Similar to the above, narrow the search to percent changes based on monthly data. For example, return stocks in a Power Trend that are down 10% or more in the past month.
▪ Limit Symbol Types
If you have a watchlist that has multiple symbol types, for example stocks and crypto, you can set this option to limit the search to one or more symbol types. You can configure this option by clicking the drop-down to the right of the indicator name and selecting Settings.
🔹 Installation And Usage
▪ Mark this indicator as a Favorite.
▪ Use the Pine Screener to search for Power Trends.
▪ Save the search results to a watchlist.
▪ View the watchlist in TradingView.
🔹 Power Trend Indicator
This screener is designed to be used along with the Power Trend indicator to view Power Trends on your chart.
🔹 Important Notes
▪ This indicator is for screening, there is no visible output on the chart.
▪ Once you mark this screener as a Favorite, you can remove it from your chart.
▪ The Power Trend concept as defined by Investor's Business Daily is based on moving averages on the daily timeframe. Given this requirement, this screener is also limited to searching the same timeframe.
NAS Strategie [tradbie]Dieser Indikator soll dir das Trading erleichtern. Hiermit lassen sich alle erforderlichen Einstellungen tätigen, wie Sessions, BoS etc.
Keine Gewähr, Trading ist mit hohem Risiko verbunden, daher soll dieser Indikator nur auf Demo-Accounts genutzt werden!
PowerStrike ProPowerStrike Pro is a powerful trading indicator designed to help traders identify high-probability buy and sell signals using a combination of ATR (Average True Range), RSI (Relative Strength Index), MACD, Supertrend, and weighted support/resistance levels. It is ideal for traders who want to combine multiple technical analysis tools into one comprehensive indicator.
Key Features
ATR Filtered Signals: Ensures signals are only generated during significant price movements.
Weighted Support/Resistance: Dynamically calculates support and resistance levels based on recent price action.
RSI Divergence Detection: Identifies bullish and bearish divergences for early trend reversal signals.
Supertrend Integration: Adds Supertrend buy/sell signals for additional confirmation.
MACD Strength: Incorporates MACD histogram strength to confirm momentum.
Customizable Parameters: Adjust all settings to fit your trading style and timeframe.
How to Use PowerStrike Pro
1. Adding the Indicator
Go to TradingView and open your chart.
Click on the "Indicators" button at the top of the chart.
Search for "PowerStrike Pro" and select it to add it to your chart.
2. Understanding the Signals
Buy Signal (Green Triangle): Appears below the price when the indicator detects a strong buying opportunity.
Sell Signal (Red Triangle): Appears above the price when the indicator detects a strong selling opportunity.
Supertrend Signals: Additional buy/sell signals are displayed as labels (▲ for buy, ▼ for sell).
Support/Resistance Lines: Blue and red dashed lines represent weighted support and resistance levels.
3. Customizing the Indicator
Open the Settings of the indicator by clicking on the gear icon.
Adjust the parameters to suit your trading strategy. For example:
RSI Period: Increase for smoother RSI values or decrease for more sensitivity.
ATR Multiplier: Adjust to filter out smaller price movements.
Support/Resistance Weight: Control how much weight is given to recent peaks and valleys.
4. Interpreting the Strength Labels
Buy Strength (%): Displays the strength of the buy signal as a percentage. Higher values indicate stronger signals.
Sell Strength (%): Displays the strength of the sell signal as a percentage. Higher values indicate stronger signals.
Use these labels to gauge the confidence level of each signal.
5. Combining with Other Tools
Use PowerStrike Pro in conjunction with other indicators like moving averages, volume analysis, or trendlines for additional confirmation.
For example, only take buy signals when the price is above a key moving average (e.g., 200 EMA).
Example Trading Strategy
Trend Confirmation: Ensure the higher timeframe trend is bullish (e.g., using a 50-period SMA on the 1-hour chart).
Signal Confirmation: Wait for a Buy Signal (green triangle) with a strength of at least 75%.
Entry: Enter the trade when the price breaks above the nearest resistance level (red dashed line).
Stop Loss: Place your stop loss below the nearest support level (blue dashed line).
Take Profit: Use a risk-reward ratio of 1:2 or trail your stop loss using the Supertrend indicator.
Tips for Success
Backtest: Test the indicator on historical data to understand its performance in different market conditions.
Risk Management: Always use proper risk management techniques, such as position sizing and stop-loss orders.
Avoid Overloading: While PowerStrike Pro combines multiple tools, avoid adding too many additional indicators to prevent analysis paralysis.
Community Feedback
We encourage you to share your experiences with PowerStrike Pro in the TradingView community. Let us know how you’ve customized it or combined it with other tools to improve your trading results!
Conclusion
PowerStrike Pro is a versatile and powerful indicator that simplifies technical analysis by combining multiple tools into one. Whether you’re a beginner or an experienced trader, it can help you identify high-probability trading opportunities with confidence. Happy trading!
ChronosStratégie de scalping basée sur le RSI ...........................................................................................................................................................................................................
Grinding CloudEnjoy the result of 5 years work and brainstorming of two intelligent guys.
HAVE FUN MAKING MONEY
Abz Simple TrendThe goal of this indicator is to provide an "at-a-glance" trend-oriented moving averages indicator that helps with medium and long term trades and investments.
It should work on any chart timeframe but is intended for people interested in how the price is trending over longer timeframes.
Everything in the indicator is calculated against a weekly chart. This means if you're viewing it on another chart timeframe, such as the daily chart, the indicator will show the lines in the same places.
This indicator is intended to be easy enough for people without significant technical chart reading knowledge: Red means the market momentum is likely negative. Green is "bullish".
This is a lagging indicator. If you're new, this may seem like a bad thing, but markets eventually "revert to the mean". They tend to overshoot up and down from major trend lines, but eventually reconnect.
The indicator tracks 4 different moving averages:
- The Main moving average that is the thick, bright line on the chart
- The momentum line
- The 28w moving average (with smoother applied)
- The slow moving average (200w with special filters and smoother applied). This is the final mean reversion line.
The indicator is set up with multiple alerts and you can adjust everything via the settings.
Just remember that no indicator is a "cure all". You should not blindly trade based on the signals this gives out. It is not optimized to be the perfect trading bot but it will help to validate or invalidate your decisions. It's my favorite "at-a-glance" indicator, but I always look at the price action and see when the price reverses as that will occur before the indicator confirms it.
Other indicators that may help you confirm your decisions include: Volume, MACD, and RSI (especially when you understand divergences between the price action and the RSI).
MACD 3 linesЭтот индикатор разработан для анализа изменения направления тренда с использованием модифицированного MACD. Он помогает трейдерам выявлять моменты, когда тренд актива может измениться, визуализируя эти изменения на графике.
Основные компоненты:
1. Пользовательские параметры:
- Fast Length 2 и Slow Length 2: Эти параметры позволяют пользователю задать длины для быстрых и медленных скользящих средних, используемых в расчете MACD.
- Тип скользящей средней: Пользователь может выбрать между простыми (SMA) и экспоненциальными (EMA) скользящими средними для расчета.
- Источник данных: Пользователь может выбрать, какие цены (закрытия, открытия и т.д.) использовать для расчетов.
2. Расчет MACD:
- Индикатор вычисляет две скользящие средние на основе выбранных параметров и из их разницы формирует значение MACD. Это значение помогает определить текущее направление тренда.
3. Определение изменения направления:
- Индикатор анализирует последовательность значений MACD для выявления изменений направления тренда. Если текущие значения указывают на снижение, это считается медвежьим пересечением; если на рост — бычьим.
4. Визуализация:
- Когда индикатор определяет медвежье пересечение, фон соответствующего бара на графике окрашивается в полупрозрачный красный цвет.
- При бычьем пересечении фон бара становится полупрозрачным зеленым.
- Это позволяет трейдерам быстро и легко идентифицировать моменты изменения тренда на графике.
Используя этот индикатор, трейдеры могут получить визуальные подсказки о потенциальных изменениях тренда, что может помочь в принятии более обоснованных торговых решений. Индикатор подходит как для начинающих, так и для опытных трейдеров, желающих улучшить свою стратегию анализа рынка.
antrzzit / intermed. str. (5-Candle Set)Intermediate term structure for M15 TF
Trade from 0.5 of the range. If the first fractal is short and the second is ascending, trade from 0.5 to the top of the range, and vice versa for short formations.
ERA 0.2 Advanced Liquidity Grab Detection with TSIThis is only for Educational purpose.
Find liquidity Grab candle both side for short or long
use high liquidity Coins for better Accuracy
Mostly work when price top OR Bottom
Support and Resistance by Auto MarketsSupport and Resistance by Auto Markets is a powerful tool designed to help traders easily identify key support and resistance levels directly on their charts. These levels are calculated based on the highest highs and lowest lows within a user-defined look back period, providing precise areas to watch for potential price reactions.
Key Features:
• Automatically plots support (green) and resistance (red) lines based on recent price action.
• Adjustable look back period for tailored analysis.
• Clean and user-friendly interface for seamless integration into any trading strategy.
• Includes branding from Auto Markets, a trusted name in the trading community.
How to Use:
1. Adjust the look back period in the settings to fit your trading timeframe.
2. Enable or disable support and resistance lines as needed.
3. Watch for price interactions at these levels to plan trades effectively.
About Auto Markets:
Created by Auto Markets, empowering traders with simple yet effective tools to maximise their trading edge. Visit us at www.automarkets.co.uk for more trading solutions.
Erick Multi Stochastic (Fixed)HOW TO USED?
First Step:
Turn off the SIGNAL line...
2nd Step.
Wait all the line to go beyond overbought or oversold line.
3rd step.
Watch for DIVIRGENT in the Charts.
Multi Stochastic Indicator Description
The Multi Stochastic Indicator is a custom technical analysis tool designed to provide insights into market momentum by plotting multiple Stochastic Oscillators on the same chart. This script is ideal for traders who want to compare different time-frame Stochastics in a single view to make informed trading decisions.
How It Works:
Stochastic Oscillator: The Stochastic Oscillator measures the level of the closing price relative to the high-low range over a set period. It consists of:
%K Line (Main Line): A fast-moving line representing raw Stochastic values.
%D Line (Signal Line): A smoothed version of %K.
Multi-Timeframe Analysis: This script calculates four Stochastic Oscillators with different parameter sets, allowing users to observe market conditions across short, medium, and long-term perspectives.
Inputs:
K Period, D Period, and Slowing: Parameters for each of the four Stochastics, customizable to suit your trading strategy.
Example Input Settings:
Stoch 1: Short-term (e.g., 9, 3, 3)
Stoch 2: Medium-term (e.g., 14, 3, 3)
Stoch 3: Long-term (e.g., 40, 4, 3)
Stoch 4: Very long-term (e.g., 60, 10, 1)
Features:
Color-Coded Lines:
Each Stochastic Oscillator is represented with distinct colors for easy identification:
Blue/Light Blue: Stoch 1
Red/Orange: Stoch 2
Green/Lime: Stoch 3
Purple/Magenta: Stoch 4
Overbought and Oversold Levels:
Horizontal lines are drawn at 80 (Overbought), 50 (Neutral), and 20 (Oversold).
Customisable Appearance:
Line widths and colors can be adjusted directly in the code or TradingView settings.
How to Use:
Add to Your Chart:
Copy and paste the script into TradingView's Pine Script editor.
Click "Add to Chart" to display the indicator in a separate window.
Interpret the Indicator:
Look for overbought conditions when %K and %D are near 80.
Look for oversold conditions when %K and %D are near 20.
Crossovers of %K above %D indicate potential buy signals, while crossovers below %D indicate potential sell signals.
Combine with Other Tools:
Use this indicator with other technical tools (e.g., trendlines, volume indicators) to validate signals.
Analyze how Stochastics across different timeframes align for stronger confirmation.
Practical Example:
If Stoch 1 and Stoch 2 show overbought signals (above 80) while Stoch 3 and Stoch 4 are in neutral or oversold zones, this could indicate short-term retracement opportunities in an otherwise bullish trend.
Use the Multi Stochastic Indicator to enhance your analysis by observing momentum shifts across multiple perspectives.
Previous Day High and Low by DRK TradingThe Previous Day High and Low Indicator is a simple yet powerful tool designed for traders who want to keep track of critical levels from the previous trading session. This indicator automatically marks the high and low of the previous day on your chart with dashed horizontal lines, making it easier to identify key support and resistance zones.
Features:
Horizontal Lines: Clearly marks the previous day's high and low levels.
Dynamic Updates: Automatically updates at the start of a new trading day.
Visual Clarity: Includes labels at the start of the day for quick reference.
Customizable: Works seamlessly across all timeframes and instruments.
Use Case:
Identify potential breakout and reversal zones.
Enhance intraday and swing trading strategies by focusing on key price levels.
Plan stop-loss and target levels based on historical price movements.
This indicator is perfect for price action traders, intraday scalpers, and swing traders who rely on past price behavior to make informed decisions.
DolphinTradeBot FibonacciThe "DolphinTradeBot Fibonacci" indicator is a Pine Script-based tool for TradingView that dynamically identifies key Fibonacci retracement levels using ZigZag price movements. It calculates Fibonacci levels based on directional price changes, marking critical retracement zones such as 0, 0.236, 0.382, 0.5, 0.618, 0.786, and 1.0 on the chart. These levels are visualized using lines and labels, providing traders with precise areas of potential price reversals or trend continuation.
Statistical Trend Analysis (Scatterplot) [BigBeluga]Statistical Trend Analysis (Scatterplot) provides a unique perspective on market dynamics by combining the statistical concept of z-scores with scatterplot visualization to assess price momentum and potential trend shifts.
🧿 What is Z-Score?
Definition: A z-score is a statistical measure that quantifies how far a data point is from the mean, expressed in terms of standard deviations.
In this Indicator:
A high positive z-score indicates the price is significantly above the average.
A low negative z-score indicates the price is significantly below the average.
The indicator also calculates the rate of change of the z-score, helping identify momentum shifts in the market.
🧿 Key Features:
Scatterplot Visualization:
Displays data points of z-score and its change across four quadrants.
Quadrants help interpret market conditions:
Upper Right (Strong Bullish Momentum): Most data points here signal an ongoing uptrend.
Upper Left (Weakening Momentum): Data points here may indicate a potential market shift or ranging market.
Lower Left (Strong Bearish Momentum): Indicates a dominant downtrend.
Lower Right (Trend Shift to Bullish/Ranging): Suggests weakening bearish momentum or an emerging uptrend.
Color-Coded Candles:
Candles are dynamically colored based on the z-score, providing a visual cue about the price's deviation from the mean.
Z-Score Time Series:
A line plot of z-scores over time shows price deviation trends.
A gray histogram displays the rate of change of the z-score, highlighting momentum shifts.
🧿 Usage:
Use the scatterplot and quadrant gauges to understand the current market momentum and potential shifts.
Monitor the z-score line plot to identify overbought/oversold conditions.
Utilize the gray histogram to detect momentum reversals and trend strength.
This tool is ideal for traders who rely on statistical insights to confirm trends, detect potential reversals, and assess market momentum visually and quantitatively.
Sell Indicator By WasikEnjoy! I have made this indicator to catch the downtrend for a small timeframe ( eg: 5 min ). It will show you the trend when to sell your positions. Hooray!!!!
Market Structure Trend Targets [ChartPrime]The Market Structure Trend Targets indicator is designed to identify trend direction and continuation points by marking significant breaks in price levels. This approach helps traders track trend strength and potential reversal points. The indicator uses previous highs and lows as breakout triggers, providing a visual roadmap for trend continuation or mean reversion signals.
⯁ KEY FEATURES AND HOW TO USE
⯌ Breakout Points with Numbered Markers :
The indicator identifies key breakout points where price breaks above a previous high (for uptrends) or below a previous low (for downtrends). The initial breakout (zero break) is marked with the entry price and a triangle icon, while subsequent breakouts within the trend are numbered sequentially (1, 2, 3…) to indicate trend continuation.
Example of breakout markers for uptrend and downtrend:
⯌ Percentage Change Display Option :
Traders can toggle on a setting to display the percentage change from the initial breakout point to each subsequent break level, offering an easy way to gauge trend momentum over time. This is particularly helpful for identifying how far price has moved in the current trend.
Percentage change example between break points:
⯌ Dynamic Stop Loss Levels :
In uptrends, the stop loss level is placed below the price to protect against downside moves. In downtrends, it is positioned above the price. If the price breaches the stop loss level, the indicator resets, indicating a potential end or reversal of the trend.
Dynamic stop loss level illustration in uptrend and downtrend:
⯌ Mean Reversion Signals :
The indicator identifies potential mean reversion points with diamond icons. In an uptrend, if the price falls below the stop loss and then re-enters above it, a diamond is plotted, suggesting a possible mean reversion. Similarly, in a downtrend, if the price moves above the stop loss and then falls back below, it indicates a reversion possibility.
Mean reversion diamond signals on the chart:
⯌ Trend Visualization with Colored Zones :
The chart background is shaded to visually represent trend direction, with color changes corresponding to uptrends and downtrends. This makes it easier to see overall market conditions at a glance.
⯁ USER INPUTS
Length : Defines the number of bars used to identify pivot highs and lows for trend breakouts.
Display Percentage : Option to toggle between showing sequential breakout numbers or the percentage change from the initial breakout.
Colors for Uptrend and Downtrend : Allows customization of color zones for uptrends and downtrends to match individual chart preferences.
⯁ CONCLUSION
The Market Structure Trend Targets indicator offers a strategic way to monitor market trends, track breakouts, and manage risk through dynamic stop loss levels. Its clear visual representation of trend continuity, alongside mean reversion signals, provides traders with actionable insights for both trend-following and counter-trend strategies.
