Today's Daily LevelsTrack daily price action like a pro with instant visibility of key levels, percentages, and P&L values - all in one clean view.
• Shows Daily Open, High, Low & Median levels
• Dynamic color-coding: green above open, red below
• Real-time price labels with:
Exact price levels
% distance between levels
Point values
Dollar values per contract
• Auto-repaints on timeframe changes
• 30min alerts for median crosses
Phân tích Xu hướng
Super Smart Trend SystemHow the System Works
The Super Smart Trend System combines 6 technical indicators (SuperTrend, Hull MA, ADX, VWAP, RSI, and WaveTrend) into an intelligent voting mechanism. The system calculates a voting percentage from these indicators to determine the prevailing trend direction. It uses ATR (Average True Range) to dynamically set stop-loss and profit targets, while providing early signals for trend reversals through RSI divergence and WaveTrend pattern analysis.
Using the Market Status Dashboard
Market Status: Displayed at the top of the dashboard with star rating (⭐⭐⭐) and percentage showing signal strength. Look for STRONG BUY or STRONG SELL signals with multiple stars.
Recommendation: Follow the displayed recommendation (Full Position Entry, 75% Position Entry, Wait) to determine your action. This tells you exactly what position size to use based on signal strength.
Risk/Reward Ratio: Ensure the ratio is greater than 1:2 for good trades, and greater than 1:3 for excellent trades. This shows the potential profit compared to your risk.
Suggested Stop & Target Levels: Use these pre-calculated values to set your stop-loss and take-profit orders. These are based on recent price action and ATR volatility.
Primary Trend: Ensure your trades align with the primary market trend for best results. Trading with the trend increases probability of success.
For optimal results, only enter trades when you see a strong signal (⭐⭐⭐) with a good risk/reward ratio, and follow the provided recommendations regarding position size, stop-loss, and profit target levels. The dashboard removes guesswork and emotions by providing clear, objective trading decisions.
Mingo ZaZaZu PRO v3 (Persistent Trade)🧠 What It Does
The Mingo ZaZaZu PRO v3 is an advanced price action + smart filter trading assistant for manual or semi-automated trading. It helps identify high-probability buy/sell setups using swing zones, volume, FVGs, trend filters, and more — while visually guiding you with zones, trade status, multi-level TP targets, and alerts.
It’s built for zone-based traders, especially those who follow supply & demand, sniper, or ICT-style strategies.
🚀 Key Features
🔍 1. Zone Detection
Detects swing highs/lows as potential Sell/Buy zones
Auto-draws zone boxes on chart (with color and shading)
Uses zoneLength to control how far back to check for swing pivots
✅ 2. Smart Trade Confirmation
A signal is only triggered when multiple conditions align:
Price enters a valid buy/sell zone
Candlestick confirms reversal (wick/body ratio)
Optional filters:
📦 Fair Value Gap alignment
💣 Volume spike confirmation
📈 EMA 200 trend filter
🧠 3. Persistent Trade Logic
Once a trade is detected, the script remembers the trade:
Entry
Stop-loss (SL)
Take-profits (TP1, TP2, TP3)
Zones and TP/SL levels stay visible
Displays a summary label with trade details
💬 4. Dynamic Status System
Shows what’s happening in real-time:
“✅ BUY Signal Confirmed”
“☑️ Buy Trade Active (Still in Zone)”
“📤 Left Zone - Wait” or “🔁 Reentry Possible”
“⏳ Cooldown Active”
“📊 Waiting for Zone”
🧭 5. Re-entry Logic
If price leaves the zone but hasn't hit TP1 or SL, it can suggest re-entry opportunities
🎯 6. Multi Take-Profit Levels
Automatically calculates and draws:
TP1 (e.g., RR 1.0)
TP2 (e.g., RR 1.5)
TP3 (e.g., RR 2.0)
All based on Risk:Reward from Entry to SL
🔔 7. Built-in Alerts
Get notified for:
Entry signals
Entry into zones
TP1 hit
SL hit
Works with TradingView alerts
⚙️ How It Works (Internals)
Swing Detection:
Identifies local highs/lows using ta.highestbars() or ta.lowestbars()
Zone Creation:
Creates shaded zones above/below swing points
Buy zone: bottom half of swing low
Sell zone: top half of swing high
Entry Validation:
Must be in the zone
Must pass confirmation logic (strict or simple)
Must pass optional filters (FVG, volume, EMA trend)
Must pass cooldown timer
Trade Setup:
Once confirmed, draws:
TP lines
SL level
Entry level
Label with info
Persistent State:
Remembers SL and TP from last signal
Tracks current trade status (active/inactive)
Reentry opportunities based on if price leaves zone but doesn’t hit TP or SL
Status Label:
Dynamically updates with current trade state or signal state
Alerts:
Custom messages for TradingView alerts at key events
🧩 Ideal For:
Traders who want clear visual setups
Swing, sniper, or smart money concepts
Traders using manual entry based on high-quality zones
People who want clean, informative charts with alerts
Long Short Lien TucLong Short Continuous is a momentum-based indicator that enhances the traditional RSI (Relative Strength Index) by incorporating EMA (Exponential Moving Average) and WMA (Weighted Moving Average) smoothing techniques. This approach aims to provide more stable signals and reduce noise, making it easier to identify potential trend shifts.
Features:
• RSI (14): Measures market momentum, helping to identify overbought and oversold conditions.
• EMA (9) of RSI: Smooths RSI fluctuations to highlight recent momentum shifts.
• WMA (45) of RSI: Provides a longer-term perspective to filter short-term RSI volatility.
• Dynamic Color Coding: The RSI line changes color when entering overbought (≥80, red) or oversold (≤20, lime) zones.
• Overbought & Oversold Levels: Horizontal dotted lines at 80 and 20 help visualize extreme conditions.
How to Use:
• Trend Confirmation: A rising EMA9 of RSI above WMA45 suggests strengthening momentum, while a decline indicates weakening momentum.
• Reversal Signals: When RSI enters extreme levels (above 80 or below 20) and crosses back, it may signal potential reversals.
• Momentum Filtering: EMA9 and WMA45 can help traders avoid false RSI signals by confirming longer-term trends.
Disclaimer:
This indicator is designed for technical analysis and should not be considered financial advice. Market movements are probabilistic, and no indicator guarantees 100% accuracy. Always use risk management and consider multiple confluence factors when making trading decisions.
Dynamic Support and Resistance"Dynamic Support & Resistance" Indicator: Find Key Price Levels Easily
This indicator helps you quickly spot potential support and resistance levels on your chart. Think of these levels as price "floors" (support) and "ceilings" (resistance) where the price might bounce or change direction.
How to Use It:
Add it to your chart: Search for "Support and Resistance Zones" in TradingView's indicator library and add it to your chart.
See the lines: You'll see green dashed lines for support and red dashed lines for resistance.
Understand the levels:
Green lines (Support): These show price levels where buyers might step in and push the price back up.
Red lines (Resistance): These show price levels where sellers might step in and push the price back down.
Adjust the settings (optional):
You can change how sensitive the indicator is by adjusting the "Support Window" and "Resistance Window" settings. A smaller number finds more levels, a larger number finds fewer, but potentially stronger levels.
Use it for your trading:
Look for price bounces at support levels to consider buying.
Look for price reversals at resistance levels to consider selling.
These levels can also help you decide where to place stop-loss orders.
Why it's useful:
Saves time: It automatically finds these important price levels, so you don't have to draw them manually.
Easy to see: The colored lines make the levels clear and easy to understand.
Helps with decisions: It gives you potential entry and exit points for your trades.
In simple terms, this indicator makes it easier to see where the price might change direction, helping you make smarter trading choices.
Multiple (11) STRONG Buy/Sell Signals + Momentum)Multiple (11) STRONG Buy/Sell Signals + Momentum Indicator
By LouisMont
Overview
This Pine Script indicator is designed to identify multiple strong buy and sell signals using a combination of trend-following, momentum-based, pattern recognition, and volume-sensitive methods. The script incorporates 11 conditions, some of which are combined with others to provide Buy/Sell signals and mark high momentum on the charts.
Key Features:
Exponential Moving Averages (EMA): Uses 3, 8, and 13-period EMAs for trend confirmation.
MACD for Trend Confirmation: Faster settings (3, 10, 5) to detect trend shifts early.
VWAP Calculation & Confirmation: Determines price position relative to the Volume Weighted Average Price (VWAP).
EMA Stacking & Reversal Detection: Identifies bullish/bearish trend reversals using EMA crossovers.
Pattern Recognition: Detects Bull Flags, Bear Flags, Ascending & Descending Triangles to identify strong breakout patterns.
Volume Sensitivity Adjustment: Incorporates Relative Volume (RVol) to confirm trade signals with higher volume.
Momentum Indicators: Uses RSI, ADX, and custom calculations for faster momentum detection and trend strength confirmation.
Bollinger Bands & Keltner Channels Squeeze Detection: Identifies price compression and potential breakout points.
Three Consecutive Candles Strategy: Detects strong 3-bar bullish/bearish trends for added confirmation.
Williams %R & Stochastic RSI Combination: Provides faster momentum signals compared to standard RSI.
Percentage Price Oscillator (PPO): Measures trend direction and momentum with signal line crossovers.
Detailed Explanation of Conditions
1. Trend Confirmation with EMAs
Uses three EMAs (3, 8, 13) to determine short-term trend direction.
Bullish Signal: When EMA 3 > EMA 8 > EMA 13.
Bearish Signal: When EMA 3 < EMA 8 < EMA 13.
Detects trend reversals when the stacking pattern shifts.
2. MACD Trend Confirmation
Uses a faster MACD setting (3, 10, 5) to detect momentum shifts.
Bullish Signal: MACD line crosses above the signal line.
Bearish Signal: MACD line crosses below the signal line.
3. VWAP Confirmation
Bullish: Price above VWAP.
Bearish: Price below VWAP.
4. Pattern Recognition: Bull & Bear Flags
Bull Flag: Detects a strong upward impulse, a pullback, and breakout above resistance.
Bear Flag: Identifies a sharp decline, a pullback, and breakdown below support.
5. Pattern Recognition: Triangle Patterns
Ascending Triangle: Higher lows + breakout above resistance.
Descending Triangle: Lower highs + breakdown below support.
6. Volume Sensitivity with Relative Volume (RVol)
High Relative Volume (>1.5x the 50-period SMA) confirms stronger buy/sell signals.
7. Momentum Signals with RSI & ADX
RSI Overbought (70) & Oversold (30) Levels used to confirm trends.
ADX (>25) confirms strong trends before signals are triggered.
8. Bollinger Bands & Keltner Channels Squeeze Strategy
Identifies low volatility periods followed by strong breakouts above/below Bollinger Bands.
9. Three Consecutive Candles Confirmation
Detects 3 bullish or bearish consecutive candles with increasing highs/lows.
10. Williams %R & Stochastic RSI Combo
Williams %R detects overbought/oversold conditions faster than RSI.
Stochastic RSI provides faster crossovers for entry/exit timing.
Buy Signal: Williams %R crosses above -80, and Stoch RSI %K crosses above 20.
Sell Signal: Williams %R crosses below -50, and Stoch RSI %K crosses below 80.
11. Percentage Price Oscillator (PPO) for Trend Momentum
Measures momentum and trend direction similar to MACD but in percentage terms.
Buy Signal: PPO line crosses above signal line.
Sell Signal: PPO line crosses below signal line.
Signal Triggering Logic
Users can select minimum conditions required (1-11) for buy/sell signals to trigger.
If the number of conditions met ≥ user-defined threshold, a buy or sell signal is plotted.
Visualization on Chart
Green triangle (▲) below bars → Buy signal.
Red triangle (▼) below bars → Sell signal.
Green circle (●) at bottom → Momentum Up (High Volume).
Red circle (●) at bottom → Momentum Down (High Volume).
Numbers (1-10) at the bottom indicate how many conditions were met.
How to Use This Indicator
Select the minimum number of conditions to trigger buy/sell signals in the settings panel.
Many conditions are possible by making selections on the Input and Style tabs.
Explore and Enjoy!!
* This script was refined and substantially updated from an earlier version.
Cz ASR indicatorAverage session range indicator built by me. Great tool to gauge volatility and intraday reversal zones. Great for FX as there is an included table that shows range in pips; however, this can be applied across all assets as a volatility measure.
How it works:
The script measures the range of sessions, including Asia, London, and New York. The lookback period could be adjusted so you can find what length works best and is most accurate. This is then averaged out to provide the ASR. This provides us with an upper and lower bound of which the price could potentially fluctuate in based on the past session ranges. I have also added the 50% ASR, which is also a super useful metric for reversals or continuations.
There is also a configurable UTC so that you can adjust the indicator so it can accurately measure the range within certain sessions.
Note - different session start and stop times vary from market to market. I have set the code to the standard forex market opens however, if you wish to change the time ,you are able to do so by editing the variables in the script
Enjoy :)
EMA CloudIt's provide the area of value between 2 EMA. Additional 1 EMA long term for determine the market status.
Multi-Timeframe MA DashboardThis indicator monitors 5 timeframes: 5min, 15min, 1hr, 4hr, and Daily. It displays fast and slow moving averages for each timeframe, along with the current price. The trend direction is color-coded: green for bullish (fast MA above slow MA) and red for bearish (fast MA below slow MA).
The dashboard also shows the last crossover signal (Buy/Sell) for each timeframe.
Visual arrows are plotted on the chart for the current timeframe. A green up arrow indicates a potential bullish crossover (Buy signal), while a red down arrow indicates a potential bearish crossover (Sell signal).
The dashboard is elegant and professional, with alternating row colors for better readability. It can be placed in any corner of the screen and customized with user-defined colors for bullish and bearish trends.
Alerts are triggered when a crossover occurs on any timeframe. These alerts include the timeframe and signal type (e.g., "5min: ↑ BUY").
How to Read the Indicator
The dashboard displays the following for each timeframe:
Fast MA: The value of the fast moving average.
Slow MA: The value of the slow moving average.
Price: The current price for the timeframe.
Trend: The current trend direction (Bullish or Bearish).
Signal: The last crossover signal (↑ BUY or ↓ SELL).
On the chart, green up arrows indicate a bullish crossover (Fast MA crosses above Slow MA), while red down arrows indicate a bearish crossover (Fast MA crosses below Slow MA).
Green text in the dashboard indicates a bullish trend or signal, while red text indicates a bearish trend or signal.
How to Use the Indicator
Use the dashboard to monitor the trend direction across multiple timeframes. Look for confluence (agreement) between timeframes to identify stronger trends. Observe the "Signal" column in the dashboard for the last crossover on each timeframe. Use the arrows on the chart to identify potential crossover points for the current timeframe.
Enable alerts to be notified of crossover signals on any timeframe. Alerts include the timeframe and signal type for easy reference.
Adjust the fast and slow moving average lengths to suit your trading style. Choose between EMA, SMA, or WMA for the moving average type. Customize the dashboard placement and colors for better visibility.
Important Notes
This indicator is not a buy or sell recommendation. It is a tool to assist traders in their analysis. Always use this indicator in conjunction with other tools, such as support/resistance levels, volume analysis, and price action. Past performance of moving averages does not guarantee future results.
How to Add the Indicator
Add the indicator to your chart from the TradingView library. Configure the inputs:
Fast MA Length: Default is 20.
Slow MA Length: Default is 50.
MA Type: Choose between EMA, SMA, or WMA.
Dashboard Placement: Select the corner of the screen where the dashboard will appear.
Colors: Customize the colors for bullish and bearish trends.
Monitor the dashboard and chart for trends and signals.
Disclaimer
This indicator is for educational and informational purposes only. It does not provide financial, investment, or trading advice. Always perform your own analysis and consult with a financial advisor before making trading decisions.
Sentiment Master Oscillator[BullByte]
The Sentiment Master Oscillator is a modern market sentiment indicator designed for traders seeking to identify early trend shifts and potential reversals with clarity. This oscillator combines multiple technical tools—RSI, MACD, EMAs, ADX, ATR, and volume filters—to deliver layered signals that help you assess market momentum in a clear and simplified manner.
Key Features:
- Multi-Indicator Approach :
Integrates RSI (with a smoothing function), MACD, and two EMAs to gauge momentum and trend direction. The oscillator also includes ADX and ATR filters to ensure that only markets with sufficient directional strength and volatility generate signals.
- Dynamic Signal Zones :
The oscillator produces a raw value ranging roughly from -3 to +3 (adjustable via a scaling factor). Positive readings suggest bullish conditions, while negative readings indicate bearish trends. Visual zones (Early, Confirmed, Strong) are clearly marked with color-coded horizontal lines to help you interpret the strength of the signal at a glance.
- Adaptive Smoothing :
For those who prefer quicker, more responsive signals (ideal for scalping), an adaptive smoothing option is available. When enabled, it applies a shorter smoothing period to the oscillator; otherwise, a more conservative base period is used.
- Reversal Alerts :
Yellow dots are plotted on the chart to highlight potential reversal points. These alerts are triggered when the oscillator crosses specific thresholds, coupled with volume and ATR conditions, signaling that a top or bottom may be forming.
- Customizable Filters :
- ATR Filter :Ensures that the market's volatility is above a set threshold before signaling.
- ADX Filter :Confirms sufficient trend strength.
- Volume Filter : Requires that trading volume surges above a multiple of its simple moving average, filtering out low-volume noise.
- Clear Signal Messaging :
Based on the combined signals from various indicators, the script categorizes market sentiment into actionable messages such as "Early Buy", "Confirmed Buy", "Strong Buy", "Early Sell", "Confirmed Sell", and "Strong Sell". A "Grey Zone" label is used when the oscillator is near neutral, indicating that no clear trend is present.
How to Use :
1. Entry and Exit Decisions : Use the different signal stages (Early, Confirmed, Strong) as guides for your entries and exits.
2. Trend Confirmation : Rely on the multi-indicator setup for added confirmation of prevailing market conditions before executing trades.
3. Reversal Cues : Pay attention to the reversal dots for potential turning points in the market, which can be used to adjust positions or initiate trades.
Disclaimer:
This indicator is intended for educational and informational purposes only. It should not be taken as financial advice. Always use appropriate risk management and combine it with your analysis before making any trading decisions. Past performance is not indicative of future results.
By adhering to TradingView's publishing guidelines, the BullByte Sentiment Master is designed to provide transparency, simplicity, and robust analysis tools to enhance your trading strategy. Enjoy a clearer view of market sentiment and make more informed trading decisions!
Trendline Breakout Navigator [LuxAlgo]The Trendline Breakout Navigator indicator shows three trendlines, representing trends of different significance between Swing Points.
Dots highlight a Higher Low (HL) or Lower High (LH) that pierces through the Trendline without the closing price breaking the Trendline.
A bar color and background color option is included, which offers insights into the price against the trendlines.
🔶 USAGE
Trendlines (TL) are drawn, starting as a horizontal line from a Swing Point.
When an HL (in the case of a bullish TL) or an LH (bearish TL) is found, this Swing Point is connected to the first Swing Point. In both cases, the TL can be optimized when one or more historical close prices breach the TL (see DETAILS).
A solid-styled long-term trendline represents the overall market direction, while a dashed-styled medium-term trendline captures medium-term movements within the long-term trend. Finally, a dotted-styled short-term trendline tracks short-term fluctuations.
🔹 Swing Points vs. Trend
A "Higher High" (HH) or "Lower Low" (LL) will initialize a new trendline, respectively, starting from the previous "Swing Low" or Swing High".
To spot the trend shift, "HH/LL" labels and an optional background color are included. They can be enabled/disabled or set at "Long, Medium, or Short" term TL (Settings—"MS", "HH/LL" and "Background Color").
These features are linked to one Trendline of choice only.
Where the "HH/LL" labels can show a potential trend shift, the background color is:
Green from the moment the close price breaks above a bearish trendline or when an HH occurs
Red from the moment the close price breaks below a bullish trendline or when an LL occurs
🔹 Bar Color
The bar color will depend on the location of the closing price against the three trendlines. When a trendline is unavailable (for example, if the close price breaks the TL and there is no HH/LL), the last known trendline value will be considered.
All three trendlines influence the bar color.
If the close price is above the "Long Term" TL, the bar color will show a gradient of green, darker when the close price is below the "Medium Term" and/or "Short Term" TLs.
On the other hand, when the close price is below the "Long Term" TL, the bar color will show a gradient of red, which becomes darker when the close price is above the "Medium Term" and/or "Short Term" TLs.
To keep the above example simple, only the "Long Term" TL is considered. The white line (not included in the script) resembles the actual value of the TL at each bar, where you can see the effect on the bar color.
Combined with the trendlines and dots, the bar color can provide extra depth and insights into the underlying trends.
🔹 Tested Trendlines
If a new HL/LH pierces the Trendline without the close price breaking the Trendline, the Trendline will be updated.
The exact location where the price exceeded the Trendline is visualized by a dot, colored blue on a bullish trendline and orange when bearish.
These dots can be indicative of a potential trend continuation or reversal.
🔹 Higher TimeFrame Option
The "Period" setting enables users to visualize higher-timeframe trendlines as long as the line length doesn't exceed 5000 bars.
🔶 DETAILS
When a new trendline is drawn, the script first draws a preliminary line and then checks whether a historical close price exceeded this line above (in the case of a bearish TL) or below (in a bullish case).
Subsequently, the most valid point in between is chosen as the starting point of the Trendline.
🔶 SETTINGS
Period: Choose "chart" for trendlines from the current chart timeframe, or choose a higher timeframe
🔹 Swing Length
Toggle and Swing Length for three trendlines: Period used for the swing detection, with higher values returning longer-term Swing Levels.
🔹 Style
Trendline: color for bullish/bearish Trendline
Wick Dot: color for bullish/bearish trendline test
Term: Long-, medium- or short-term
HH/LL: Show HH/LL labels (with or without previous Swing High/Low) of chosen Term
Background Color: Green when the closing price is above the trendline of choice, red otherwise
Bar Color
EMA Shakeout DetectorEMA Shakeout & Reclaim Zones
Description:
This Pine Script helps traders quickly identify potential shakeout entries based on price action and volume dynamics. Shakeouts often signal strong accumulation, where institutions drive the stock below a key moving average before reclaiming it, creating an opportunity for traders to enter at favorable prices.
How It Works:
1. Volume Surge Filtering:
a. Computes the 51-day Simple Moving Average (SMA) of volume.
b. Identifies days where volume surged 2x above the 51-day average.
c. Filters stocks that had at least two such high-volume days in the last 21 trading days (configurable).
2. Stock Selection Criteria:
a. The stock must be within 25% of its 52-week high.
b. It should have rallied at least 30% from its 52-week low.
Shakeout Conditions:
1. The stock must be trading above the 51-day EMA before the shakeout.
2. A sudden price drop of more than 10% occurs, pushing the stock below the 51-day EMA.
3. A key index (e.g., Nifty 50, S&P 500) must be trading above its 10-day EMA, ensuring overall market strength.
Visualization:
Shakeout zones are highlighted in blue, making it easier to spot potential accumulation areas and study price & volume action in more detail.
This script is ideal for traders looking to identify institutional shakeouts and gain an edge by recognizing high-probability reversal setups.
EMA Dynamics Crossover R:R=1:1.5EMA Dynamics Crossover R:R=1:1.5 📊
The EMA Dynamics Crossover R:R=1:1.5 strategy is designed to identify high-probability long entry signals based on the WaveTrend Indicator and the Exponential Moving Average (EMA) crossover. This tool is optimized for trend-following traders who aim to capture upward market movements while maintaining a defined risk/reward ratio.
Key Features:
Entry Signal (Long Position):
A long position is triggered when the WaveTrend Indicator (wt1) crosses above the smoothed WaveTrend (wt2), indicating potential upward momentum.
The entry is only considered if the wt1 is below a user-defined limit value, preventing entries when the market is overbought.
Risk-to-Reward Ratio:
The strategy uses a 1:1.5 risk-to-reward ratio (R:R) to balance risk and reward on each trade.
Stop-Loss (SL) is set at the lowest point of the last three bars, dynamically adjusting based on price action.
Take-Profit (TP) is calculated based on the average entry price and the set R:R ratio, ensuring profitable exits when the market moves in favor of the trade.
Stop-Loss and Take-Profit Visualization:
Stop-Loss and Take-Profit levels are plotted on the chart for easy visualization.
Stop-Loss is shown in red, and Take-Profit is shown in green, providing clear reference points for traders.
The entry price is marked in silver for tracking the trade's position in real time.
Backtesting Capability:
The script is fully backtestable, enabling traders to evaluate the performance of the EMA crossover strategy under different historical market conditions.
This feature allows for thorough testing and optimization, ensuring that traders can refine their approach before using it in live markets.
How It Works:
The WaveTrend Indicator is used to detect market momentum, while the EMA crossover (wt1 crossing above wt2) triggers the long entry signal.
The limit value for wt1 ensures that the trade is not entered when the market is considered overbought, thereby filtering out false signals during extended price rallies.
Risk management is handled by the dynamic stop-loss and take-profit levels, based on the market's current price action and the defined 1:1.5 risk/reward ratio.
Relative Volume Indicator (RVOL)Relative Volume Indicator (RVOL)
The Relative Volume Indicator (RVOL) helps traders identify unusual volume activity by comparing the current volume to the average historical volume. This makes it easier to spot potential breakouts, reversals, or significant market events that are accompanied by volume confirmation.
What This Indicator Shows
This indicator displays volume as a multiple of average volume, where:
- 1.0x means 100% of average volume
- 2.0x means 200% of average volume (twice the average)
- 0.5x means 50% of average volume (half the average)
Color Coding
The volume bars are color-coded based on configurable thresholds:
- Red: Below average volume (< Average Volume Threshold)
- Yellow: Average volume (between Average Volume and Above Average thresholds)
- Green: Above average volume (between Above Average and Extreme thresholds)
- Magenta: Extreme volume (> Extreme Volume Threshold)
Horizontal Reference Lines
Three dotted horizontal reference lines help you visualize the thresholds:
- Lower gray line: Average Volume Threshold (default: 0.8x)
- Upper gray line: Above Average Threshold (default: 1.25x)
- Magenta line: Extreme Volume Threshold (default: 4.0x)
How To Use This Indicator
1. Volume Confirmation: Use green bars to confirm breakouts or trend changes - stronger moves often come with above-average volume.
2. Low Volume Warning: Red bars during price movements may indicate weak conviction and potential reversals.
3. Extreme Volume Events: Magenta bars (extreme volume) often signal major market events or potential exhaustion points that could lead to reversals.
4. Volume Divergence: Look for divergences between price and volume - for example, if price makes new highs but volume is decreasing (more yellow/red bars), the move may be losing strength.
Settings Configuration
- Average Volume Lookback Period: Number of bars used to calculate the average volume (default: 20)
- Average Volume Threshold: Volume below this level is considered below average (default: 0.8x)
- Above Average Threshold: Volume above this level is considered above average (default: 1.25x)
- Extreme Volume Threshold: Volume above this level is considered extreme (default: 4.0x)
- Colors: Customize colors for each volume category
Important Note: Adjust threshold values only through the indicator settings (not in the Style tab). Changing values in the Style tab will not adjust the coloring of the volume bars.
Adjust these settings based on the specific asset being analyzed and your trading timeframe. More volatile assets may require higher thresholds, while less volatile ones might need lower thresholds.
SUPeR TReND 2.718An evolved version of the classic Supertrend, SUPeR TReND 2.718 is built to deliver elegant, high-precision trend detection using Euler's constant (e = 2.718) as its default multiplier. Designed for clarity and visual flow, this indicator brings together smooth line work, intelligent color logic, and a minimalistic tally system that tracks trend persistence — all in a highly customizable, overlay-ready format.
Unlike traditional implementations, this version maintains line visibility regardless of fill opacity, ensuring crisp tracking even in complex environments. Ideal for traders who value both aesthetics and actionable structure.
__________________________________________________________
🔑 Key Features:
- 📐 ATR-based Supertrend with default multiplier = e (2.718)
- 📉 Dynamic trend line with optional fill beneath price
- ⏳ Trend duration tally label (count-only or full format)
- ⬆️ Higher-timeframe Supertrend overlay (optional)
- 🟢 Directional candle coloring for clarity
- 🟡 Subtle anchor line to guide perception without clutter
- ⚙️ PineScript v6 compliant, efficient and modular
__________________________________________________________
🧠 Interpretation Guide:
- The Supertrend line tracks trend support or resistance — beneath price in uptrends, above in downtrends.
- The shaded fill reflects direction with 70% transparency.
- The trend tally label counts how long the current trend has lasted.
- Candle colors confirm direction without overtaking price action.
- The optional HTF line shows higher-timeframe context.
- A soft yellow anchor line stabilizes the fill relationship without distraction.
__________________________________________________________
⚙️ Inputs & Controls:
- ✏️ ATR Length – Volatility lookback
- 🧮 Multiplier – Default = 2.718 (Euler's number)
- 🕰️ Higher Timeframe – Choose your bias frame
- 👁️ Show HTF / Main – Toggle each trend layer
- 🧾 Show Label / Simplify – Show trend duration, with or without arrows
- 🎨 Color Candles – Turn directional bar coloring on or off
- 🪄 Show Fill – Toggle the shaded visual rhythm
- 🎛️ All visuals use tuned colors and transparencies for clarity
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🚀 Best Practices:
- ✅ Works on any time frame; shines on 1h v. 1D
- 🔁 Use the HTF line for macro bias filtering
- 📊 Combine with volume or liquidity overlays for edge
- 🧱 Use as a structural base layer with minimalist stacks
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📈 Strategy Tips:
- 🧭 MTF Trend Alignment: Enable the HTF line to filter trades. If the HTF trend is up, only take longs on the lower frame, and vice versa.
- 🔁 Pullback Entries: During a strong trend, consider short-term dips below the Supertrend line as possible re-entry zones — only if HTF remains aligned.
- ⏳ Tally for Exhaustion: When the bar count exceeds 15+, look for confluence (volume divergence, key levels, reversal signals).
- ⚠️ HTF Flip + Extended Trend: When the HTF trend reverses while the main trend is extended, that may be a macro exit or fade signal.
- 🚫 Solo Mode: Disable HTF and use the main trend + tally as a standalone signal layer.
- 🧠 Swing Setup Friendly: Especially powerful on 1D or 1h in swing systems or trend-based grid strategies.
Advanced Renko Dashboard v6.9The Advanced Renko Dashboard consolidates essential Renko-specific information into a single, customizable on-chart table. Get a quick overview of current conditions, including price/ATR/box size, session performance, momentum via RSI, estimated volume activity, key Renko S/R levels, and trend characteristics, helping Renko traders make more informed decisions.
Donchian Channel Trend Tracker by KellyLikesCrypto### Overview
This indicator is written in Pine Script® (version 6) and is designed to overlay on a price chart. It combines the classic Donchian Channel—a tool popular among trend-following traders—with additional trend-tracking features. By identifying when the channel’s highs and lows are making new extreme values, the indicator helps signal potential trend shifts. It is especially suited for scalpers using 1-hour charts, as it provides clear, actionable signals for rapid entry and exit decisions.
---
### Key Components & Inputs
1. **User Inputs:**
- **Length:** The period over which the indicator calculates the highest high and the lowest low (default is 27 bars). This value can be adjusted to smooth or tighten the channel based on the trader’s preference.
- **Offset:** A parameter allowing the plotted lines to be shifted left or right on the chart, providing flexibility in aligning the indicator with price action.
2. **Donchian Channel Calculations:**
- **Lower Bound (`lower`):** Calculated using `ta.lowest(length)`, it identifies the lowest low over the defined period.
- **Upper Bound (`upper`):** Determined by `ta.highest(length)`, capturing the highest high during the same period.
- **Basis:** The midline of the channel, computed as the average of the upper and lower bounds. This line can serve as an equilibrium or reference point in the trend analysis.
---
### Visual Representation
- **Plotting the Channels:**
- The **basis** is plotted in a standout orange color (#FF6D00) to make the central trend reference easily visible.
- The **upper** and **lower** bounds are plotted in blue (#2962FF), creating clear boundaries for the price action.
- The area between these two lines is filled with a semi-transparent blue, enhancing the visual context of the channel and helping traders quickly assess whether price is near an extreme or within a normal range.
---
### Trend Identification Logic
Beyond plotting the basic Donchian Channel, the indicator introduces additional logic to track short-term trend changes:
1. **Higher Highs and Higher Lows:**
- **Higher High (`higherHigh`):** This condition checks if the current upper bound is greater than the previous bar’s upper bound, signaling a potential upward push.
- **Higher Low (`higherLow`):** Similarly, it checks if the current lower bound exceeds the previous bar’s lower bound, reinforcing an upward trend if the support level is rising.
2. **Lower Highs and Lower Lows:**
- **Lower High (`lowerHigh`):** This evaluates if the current upper bound is less than that of the previous bar, indicating a possible downward shift.
- **Lower Low (`lowerLow`):** It verifies if the current lower bound is lower than the previous bar’s, further confirming a bearish tendency.
The use of the `nz()` function ensures that on the very first bar—where no previous data exists—the code handles the values gracefully without causing errors.
---
### Visual Markers for Trend Signals
To make trend signals immediately apparent:
- **Markers are Plotted on the Chart:**
- **Green Labels ("HH" and "HL"):** These are placed on the chart when the indicator detects higher highs or higher lows, suggesting bullish momentum.
- **Red Labels ("LH" and "LL"):** These markers are shown when lower highs or lower lows are detected, indicating bearish pressure.
Each label is plotted either above or below the corresponding bar, ensuring that the chart remains uncluttered and that the trend signals are clear.
---
### Scalping Strategy on 1-Hour Charts
This indicator is specifically tailored for scalping strategies on 1-hour charts. Scalping involves capturing small, rapid profits from short-term price movements, and the clear trend signals provided by this tool can help traders pinpoint optimal entry and exit points. Here’s how it integrates into a scalping strategy:
- **Quick Trend Identification:** The green markers (HH and HL) suggest bullish conditions ideal for quick long entries, while the red markers (LH and LL) signal bearish conditions suitable for short entries.
- **Timing and Precision:** On a 1-hour chart, the indicator’s sensitivity to higher highs and lower lows allows traders to make rapid decisions aligned with the prevailing trend.
- **Complementary Analysis:** While the indicator provides fast signals, it is recommended to use it alongside additional tools (like oscillators or volume analysis) and strict risk management practices, ensuring that scalpers can confirm entries and exits efficiently.
By leveraging the indicator’s visual cues within a broader scalping framework, traders can enhance their ability to capture quick moves, thus optimizing their overall strategy on 1-hour timeframes.
---
### Conclusion
The “Donchian Channel Trend Tracker by KellyLikesCrypto” is a powerful tool for visualizing price extremes and trend direction. By combining the classical Donchian Channel with additional trend-tracking markers, it offers traders a clear and immediate way to assess whether the market is gaining bullish momentum or beginning to turn bearish. Its customizable parameters and clear visual signals make it particularly effective for a scalping strategy on 1-hour charts, where rapid decision-making is crucial.
This detailed breakdown should provide a comprehensive understanding of how each component of the indicator works together and how it can be effectively integrated into a short-term scalping strategy.
Multi-timeframe Trend & Momentum DashboardMulti-Timeframe Trend & Momentum Dashboard
This indicator is a comprehensive multi-timeframe analysis tool designed for traders who want to quickly assess market trends and momentum across several timeframes. It combines trend detection with duration tracking and displays key information in an easy-to-read on-chart table. Key features include:
Multi-Timeframe Analysis:
Analyzes nine different timeframes (from 1-minute up to 1-week) simultaneously, helping you gauge the overall market trend at a glance.
Trend Detection & Duration:
Uses a combination of a short-term EMA and a long-term SMA to determine whether the market is bullish, bearish, or neutral. It also tracks how long the current trend has persisted in terms of consecutive bars and displays this duration next to each timeframe.
RSI Display & Visual Alerts:
Calculates the RSI for each timeframe. RSI values are color-coded—green when above 50 (indicating bullish momentum) and red when below 50 (indicating bearish conditions). Additionally, if the market is bearish on a particular timeframe while the RSI is above 50, the RSI cell flashes yellow to alert you of a potential trend reversal or divergence.
On-Chart Trend Start Markers:
When a new trend is detected on your current chart’s timeframe, the indicator automatically marks the bar with a label showing the new trend direction, providing a clear visual cue for trend changes.
This powerful tool is perfect for traders looking to combine multi-timeframe trend analysis with momentum indicators, enabling a more informed and dynamic trading strategy. Whether you’re a day trader or swing trader, the Multi-Timeframe Trend & Momentum Dashboard brings clarity to market conditions across multiple time horizons.
EMA-VWAP-TWAP Kesişim Sistemi(ORKUN)Triple Indicator System:
Blue: EMA (Dynamic trend follower)
Red: VWAP (Volume-weighted price balance)
Yellow: TWAP (Time-weighted average price)
Crossover Types:
Symbol Description Signal
▲ Green Triangle EMA > VWAP Bullish momentum
▼ Red Triangle EMA < VWAP Bearish momentum
● Blue Circle EMA > TWAP Short-term strength
● Orange Circle EMA < TWAP Short-term weakness
◆ Purple Diamond VWAP > TWAP Volume-driven bias
◆ Gold Diamond VWAP < TWAP Time-driven bias
Smart Information Panel:
Real-time values for EMA, VWAP, and TWAP
Color-coded status for crossovers:
Green/Red: EMA vs. VWAP
Blue/Orange: EMA vs. TWAP
Purple/Gold: VWAP vs. TWAP
Instant updates for all three crossover pairs
Optimization Tips:
Strategy Recommended Period Use Case
Scalping 5-15 periods Intraday volatility
Swing Trading 20-50 periods 3-5 day trends
Trend Analysis 50-200 periods Long-term market cycles
How to Interpret?
Strong Trend Signal:
EMA > VWAP + EMA > TWAP = Double bullish confirmation
Example: EMA-20 crosses above both VWAP-20 and TWAP-20
Market Equilibrium:
VWAP ≈ TWAP = Low volatility phase
Tip: Watch for EMA direction to predict breakout
Volume Divergence:
VWAP-TWAP divergence + EMA alignment = Hidden trend reversal
Scenario: VWAP rising (volume support) while TWAP flat + EMA bullish
Stage Analysis with 50 DMAStan Weinstein's Stage Analysis is a methodology introduced in his seminal book, *"Secrets for Profiting in Bull and Bear Markets"*. This approach divides a stock's lifecycle into four distinct stages, each characterized by specific price behaviors and investor sentiments:
1. Stage 1: Basing (Accumulation)
- **Characteristics:** A period of consolidation where the stock trades within a horizontal range, indicating indecision between buyers and sellers.
- **Investor Sentiment:** Accumulation phase where informed investors begin to purchase shares in anticipation of future gains.
2. **Stage 2: Advancing (Markup)**
- **Characteristics:** A strong uptrend marked by higher highs and higher lows, reflecting increasing demand and positive market sentiment.
- **Investor Sentiment:** Optimism prevails as the stock gains momentum, attracting more investors.
3. **Stage 3: Topping (Distribution)**
- **Characteristics:** A peak phase where the stock's price movement becomes volatile, often forming a rounded top, signaling a potential reversal.
- **Investor Sentiment:** Distribution phase where investors sell off holdings, anticipating a downturn.
4. **Stage 4: Declining (Markdown)**
- **Characteristics:** A downtrend characterized by lower lows and lower highs, indicating a shift in control from bulls to bears.
- **Investor Sentiment:** Pessimism dominates as the stock loses value, leading to further selling pressure.
Incorporating the **50-Day Simple Moving Average (SMA)** into this analysis enhances the ability to identify and confirm these stages. The 50-day SMA represents the average closing price over the past 50 trading days, providing a smoothed line that reflects the stock's recent price action. Traders widely use the 50-day SMA as a trend indicator, with its position relative to the stock's price offering insights into market sentiment.
**Rationale for Using the 50-Day SMA in Stage Analysis:**
- **Trend Confirmation:** The 50-day SMA serves as a dynamic indicator of the stock's intermediate-term trend. In Stage 2 (Advancing), the price typically remains above the 50-day SMA, confirming bullish momentum. Conversely, in Stage 4 (Declining), the price often stays below the 50-day SMA, reinforcing bearish sentiment.
- **Support and Resistance Levels:** The 50-day SMA often acts as a dynamic support or resistance level. In an uptrend, the price may pull back to the 50-day SMA and then resume its rise. In a downtrend, rallies may be capped near the 50-day SMA before the decline continues.
- **Signal Timing:** Utilizing the 50-day SMA alongside Stage Analysis provides timely buy and sell signals. A crossover of the price above the 50-day SMA during Stage 2 can reinforce the strength of the uptrend, while a crossover below during Stage 4 can signal the onset of a downtrend.
By integrating the 50-day SMA into Stage Analysis, traders gain a nuanced understanding of a stock's price cycle, enhancing their ability to make informed trading decisions based on both trend direction and momentum.
**Script Overview:**
This TradingView indicator implements Stan Weinstein’s Stage Analysis methodology using the 50-day SMA to identify market stages and generate buy and sell signals.
**Key Features:**
1. **Stage Identification:**
- **Stage 1 (Accumulation):** Sideways price movement, marked in gray.
- **Stage 2 (Uptrend/Advancing):** Strong uptrend, marked in green.
- **Stage 3 (Distribution):** Consolidation after an uptrend, marked in orange.
- **Stage 4 (Downtrend/Declining):** Bearish phase, marked in red.
2. **50-Day Moving Average (SMA):**
- A crucial component of Weinstein’s method, the 50-day SMA is plotted in blue to track the medium-term trend.
3. **Buy & Sell Signals:**
- **Buy Signal:** Triggered when the price crosses above the 50-day SMA and Stage 2 is confirmed.
- **Sell Signal:** Triggered when the price crosses below the 50-day SMA and Stage 4 is confirmed.
- Signals appear as labeled markers on the chart, with green labels for buys and red labels for sells.
**Trading Strategy:**
- **Entering Long Positions:** A buy signal suggests the start of a strong uptrend, ideal for swing and position traders.
- **Exiting or Shorting:** A sell signal indicates the transition into Stage 4, a downtrend where traders might exit long positions or consider shorting.
- **Avoid Trading in Stage 1 & 3:** These stages indicate market uncertainty and should generally be avoided for new entries.
**Usage Instructions:**
1. Add this script to your TradingView chart.
2. Observe the stage color and trade accordingly.
3. Follow the buy and sell labels for potential entry and exit points.
4. Confirm signals with other indicators like volume and relative strength before making trading decisions.
This script is a powerful tool for traders looking to follow a systematic trend-following approach based on Stan Weinstein’s renowned stage analysis.
Institutional Activity AnalysisThe Institutional Activity Analysis (IAA) indicator is a powerful tool designed to help traders identify potential institutional buying and selling activity in the market. By analyzing volume, price movement, and accumulation/distribution trends, this indicator provides insights into market dynamics that may signal significant activity.
This indicator is not a buy or sell recommendation but rather a tool to assist traders in understanding market behavior. It should be used in conjunction with other technical analysis tools and strategies for a comprehensive trading approach.
Key Features:
Smart Money Flow Index (SMFI):
1). Tracks the flow of "smart money" by analyzing price action relative to volume.
2). Helps identify whether institutional activity is bullish or bearish.
Accumulation/Distribution (Acc/Dist):
1). Measures buying and selling pressure in the market.
2). Indicates whether the market is in an accumulation (buying) or distribution (selling) phase.
Volume Spike Detection:
1. Identifies unusual volume spikes that may signal institutional activity.
2. Highlights these spikes with a yellow circle on the chart.
Significant Price Movement:
1. Detects strong price movements accompanied by high volume.
2. Marks these movements with a green triangle on the chart.
Customizable Dashboard:
1. Displays key metrics such as volume flow, smart money flow, accumulation/distribution, and volatility.
2. Includes visual signals for volume spikes and significant moves.
3. The dashboard can be positioned anywhere on the chart or turned off.
Heatmap for Activity Intensity:
1. Visualizes the intensity of market activity by combining volume and price volatility.
How to Read the Indicator:
Smart Money Flow (SMFI):
1. A positive SMFI value indicates bullish institutional activity.
2. A negative SMFI value suggests bearish institutional activity.
3. The blue line on the indicator represents the smoothed SMFI.
Accumulation/Distribution (Acc/Dist):
1. A positive slope indicates accumulation (buying pressure).
2. A negative slope indicates distribution (selling pressure).
3. The purple line on the indicator shows the smoothed Acc/Dist slope.
Volume Spikes:
1. Yellow circles on the chart indicate unusual volume spikes.
2. These spikes may signal institutional interest or significant market activity.
Significant Price Movements:
1. Green triangles on the chart highlight strong price movements with high volume.
2. These movements may indicate potential breakouts or reversals.
Dashboard:
The dashboard provides a quick summary of key metrics:
1. Volume Flow: Indicates whether volume is above or below the average.
2. Smart Money: Shows whether institutional activity is bullish or bearish.
3. Acc/Dist: Displays whether the market is in accumulation or distribution.
4. Volatility: Provides the current volatility level.
5. Signals: Highlights whether there are volume spikes or significant moves.
How to Use the Indicator:
Identify Institutional Activity:
1. Look for confluences between volume spikes, significant price movements, and the direction of the SMFI and Acc/Dist slope.
2. For example, a volume spike combined with a positive SMFI and accumulation may indicate bullish institutional activity.
Confirm Market Trends:
1. Use the indicator to confirm trends by analyzing the direction of the SMFI and Acc/Dist slope.
2. A rising SMFI and positive Acc/Dist slope suggest a strong uptrend, while the opposite indicates a downtrend.
Monitor Volatility:
1. High volatility combined with volume spikes may signal potential breakouts or reversals.
2. Use the volatility metric on the dashboard to gauge market conditions.
Set Alerts:
1. Use the built-in alert conditions to get notified of volume spikes and significant price movements.
2. Alerts can help you stay informed about potential market opportunities.
Important Notes:
1. This is not a buy or sell recommendation. The IAA indicator is a technical analysis tool designed to provide insights into market activity. Always use it in conjunction with other tools and strategies.
2. The indicator works best when combined with other forms of analysis, such as support/resistance levels, trendlines, and candlestick patterns.
3. Past performance is not indicative of future results. Always practice proper risk management and trade responsibly.
Customization:
The indicator includes several customizable settings:
1. Volume Spike Threshold: Adjust the sensitivity for detecting volume spikes.
2. Smoothing Period: Change the period for calculating SMFI and Acc/Dist.
3. Price Movement Threshold: Modify the sensitivity for detecting significant price movements.
4. Dashboard Position: Move the dashboard to any corner of the chart or turn it off.
5. Visual Settings: Customize the colors and transparency of the dashboard and signals.
Example Use Case:
Imagine you're analyzing a stock that has been consolidating for several days. Suddenly, the IAA indicator detects:
1. A volume spike (yellow circle),
2. A significant price movement (green triangle),
3. A positive SMFI (bullish smart money flow),
4. And an accumulation phase (positive Acc/Dist slope).
This confluence of signals may indicate that institutional buyers are entering the market, potentially leading to a breakout. You can then use this information to plan your trade, such as setting alerts or monitoring for confirmation from other indicators.
Disclaimer:
The Institutional Activity Analysis (IAA) indicator is for educational and informational purposes only. It is not financial advice or a recommendation to buy or sell any security. Always conduct your own research and consult with a financial advisor before making trading decisions. Use this tool responsibly and at your own risk.
Magnetic Trend filterMagnetic Trend Filter – A Smarter Way to Trade Trends 🚀
I’m excited to introduce a powerful trend filtering method that I’ve been working on—Magnetic Trend Filter (MTF). If you’ve ever struggled with noisy price action, false signals, or unclear trends, this indicator might be just what you need!
🔍 What is the Magnetic Trend Filter?
MTF is designed to smooth out market noise and help traders focus on clean, high-probability trend signals. It works by applying an intelligent filtering mechanism to Close price data, reducing whipsaws while maintaining trend sensitivity.
Instead of relying solely on conventional moving averages or lagging indicators, MTF adapts dynamically to market conditions, providing a more refined view of trend direction.
🎯 How it Works
• MTF processes filtered Close price data, making trends more visible.
• It reduces unnecessary price fluctuations, helping you stay in trades longer.
• The filtering mechanism ensures better accuracy in defining trend direction.
📈 How to Use It
• Buy Signals: When the trend filter turns bullish (uptrend confirmation).
• Sell Signals: When the trend filter turns bearish (downtrend confirmation).
• Combine with Other Indicators: MTF works great alongside VWAP, Bollinger Bands, and Ichimoku Cloud for added confluence.
Personally, I use it with my price range filter to catch good exits. Have added that to the Magnetic trend filter and will also publish advanced version independently.
🛠 Customization & Optimization
I’ve optimized the script to reduce computation load, making it efficient and responsive even on lower timeframes. You can tweak smoothing parameters to adjust the sensitivity of the filter based on your trading style.
📌 Final Thoughts
Magnetic Trend Filter is an efficient way to identify trends while avoiding unnecessary noise in price movements. Whether you’re a day trader or swing trader, this tool can help improve decision-making and increase trading accuracy.
💡 Try it out and let me know your thoughts! I’d love to hear feedback and explore potential improvements together. 🚀
Disclaimer:
This is for educational purpose only, no matter how promising things look on chart, they are past performances and reality may vary in real-time.
So use at your own risk.
TCP SuperSystem - Mean Reversion w ZonesThe Mean Reversion w Zones upper indicator is:
an additional piece of the TCP SuperSystem. This indicator is based strictly on price action and mean reversion, further supporting the "TCP SuperSystem - Main" indicators and is locating at the top of the screen above the chart.
You will see 3 key items:
3 lines that will be associated with moving averages and will be volatile based on assets price action.
The RED line
Fastest moving line that will be more volatile in relation to the zones and serves as a indicator for short term action.
The Orange and Blue line
Slower moving and can serve as good indicator for longer term action.
2 Zones
Green and Red zones
Opportunity zones that we monitor in relation to the 3 lines to measure and confirm price action and trend.
Series of X's at the top and bottom of the indicator
Correlate to the line colors and have 3 shades. The darker the shade the more significant the price movement has been. We leverage these to try and measure and predict potential trend reversals when coupled with other indicators in the system.
Note: The White "x" appears when the RED line is crossing from above the RED Zone to below it or when the RED Line is crossing from below the GREEN Zone to above it. These areas can represent confirmations of short-term price action.
Extreme Zones represented by the hashed lines
These levels mark extremes. We typically monitor these levels to try and determine when we may experience a violent shift or imminent trend reversal.
Examples:
When the RED line is penetrating upward through the RED Zone and the Blue and Orange lines are moving up toward the Green Zone has historically served as fantastic areas for us to enter our portfolio trades. These must be monitored consistently. We are always willing to discuss these for our members in the TradingView Private Chat.
TCP SuperSystem - Hot Sensor with Multi InputThe TCP SuperSystem Hot Sensor with Multi Input is:
A component of the overall TCP SuperSystem which helps identify opportunities to enter or scale out in a given asset based on price movement. This one is extremely helpful when leveraging the additional components of the Supersystem and is the indicator underneath the main chart.
In the Settings, the user can change the input based on the Moving Average of their choice (See preferred settings at bottom). Our User's may also clone or create multiple panes that contain the same indicator so they can have multiple views on different Moving Averages.
The plotted line is preset to AREA and will change colors based on price movement with level 5 color (RED) representing the most opportunistic moments whether your evaluating opportunities to scale in or out. The color scale below can be customized to your liking but is designed to leverage the same colors whether your looking at overbough or oversold areas. For example, level 5 RED could mean that it is extremely overbought or oversold.
Preset colors which can be customized:
Level 1: White
Level 2: Gray
Level 3: Blue
Level 4: Orange
Level 5: Red
Please note the RED will show when it may be a good time to scale out as well as scale in depending on the trend and momentum.
We have found this to be extremely valuable when combining with the overall "TCP Supersystem - Main" indicator.
Ex. The published image is a daily chart of BONK token. We typically find great opportunities when:
Hot Sensor with Multi Input is RED
TCP SuperSystem - Main is printing a DARK Green Diamond with is the Level 2 Buying Opportunity
Again, these indicators are for informational and educational purposes only and are not recommendations to buy or sell any security. We are not financial advisors and do not provide financial advice. Please consult a licensed advisor before making any investment decision. We are not responsible for any losses you may incur by relying on this system or any component thereof. Best Trading.