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Williams %R (%R)

MACD Dive [TTM Squeeze | Dual Lock %R]Disclaimer : This indicator is not financial advice and is strictly for educational and informational purposes only. The metrics and signals provided herein (including momentum crosses, trend saturation state icons, and squeeze markers) are calculated based on historical market data and do not guarantee future performance. Trading stocks and commodities involves significant risk of loss. The user assumes full responsibility for all trading decisions and should always perform their own due diligence before executing trades. MACD Dive is a multi-state momentum and volatility context engine. By layering momentum oscillation (MACD/PPO/MACD-V) with market stalemates (volatility squeeze) and trend exhaustion (Dual %R saturation), this suite transforms a standard MACD into a multi-dimensional 'No-Go' gatekeeper. This synergy is what gives the engine its edge: it actively blocks the trader from whipsawing in sideways chop or buying into a dying trend, highlighting high-probability market turns where momentum, volatility, and trend capacity perfectly align. Standard oscillators have a scaling problem. This script lets you choose your engine: MACD (Classic): Measures momentum in absolute dollars. Great for visual reactivity, but a "2.0" reading means something different on a $5 stock versus a $500 stock. PPO (Percentage): Measures momentum in percentages. Standardizes the reading across all assets, making it ideal for fixed-rule algorithmic trading. MACD-V (Volatility Normalized): This divides the MACD by the Average True Range (ATR). It measures momentum in "Units of Volatility," mathematically adapting to market chaos so that signals remain consistent across both different assets and shifting volatility regimes (quiet markets vs chaotic markets). This suite includes a fully optimized divergence detection engine: Regular Divergence (Solid Lines): Identifies Trend Reversals. Price pushes to a new extreme, but momentum fails to follow, signaling exhaustion. Hidden Divergence (Dashed Lines): Identifies Trend Continuations (Slingshots). Price pulls back, but momentum fully resets, signaling a high-probability entry in the direction of the dominant trend. Located in your chosen corner, the HUD provides an instant visual readout with hover tooltips for active Engine Mode, %R Fatigue state, Oscillator crossover validation, and Squeeze environment. Vertical background highlights in green or red represent filter-passed momentum crossovers, like the MACD bullish cross. Use the extensive inline tooltips in the indicator's settings panel for a comprehensive breakdown of every tunable parameter. Adaptive Time-Frames & RSI Gatekeeper Think of this as an automated gear shifter. When looking at lower timeframes (below a user-defined boundary, e.g. 1 hour), the engine automatically scales down to tight, agile lookback periods. When viewing high timeframes, it dials up to filter out noise. Buying a bullish MACD cross when the RSI is already at 85 increases risk of buying the top when the tank is empty. The optional RSI Safety Filter acts as a strict ceiling/floor blocker. If momentum crosses upward but the asset is mathematically overbought, the indicator suppresses the background highlight. It prevents signals on MACD crosses that have no fuel left. VOLATILITY ENGINE: BB-KC Squeeze Radar Building on John Carter’s TTM Squeeze by mapping the contraction of Bollinger Bands inside Keltner Channels to identify market stalemates. The implementation here color codes between a Loose Squeeze (BB inside 1.5 KC) and a hyper-compressed Tight Squeeze (BB inside 1.0 KC) to show the staged intensity of the coiled spring. While the market coils sideways, a 20-period Linear Regression calculates the trajectory of price deviation inside the bands. The directional bias is shown by customizable markers on the zero line (default ⌃ or ⌄). This reveals hidden institutional accumulation or distribution before the trigger is pulled. To bypass "dead money" risk, the script tracks the first clean candle close or intraday pierce outside the Keltner bounds following a squeeze, catching the expansion phase exactly as it starts. Furthermore, it accounts for the "Disappearing Mark" phenomenon. Bollinger Bands expand instantly when price moves, causing standard squeeze signals to vanish 1-3 bars before the real breakout candle. This script uses a memory state to remember recent compression, firing a "squeeze release" marker (default ❖) the exact moment price closes outside the Keltner bounds. Trade the release, not the waiting room. Note: While MACD Dive tracks this compression mathematically on its zero-line, you can see the actual physical boundaries of the breakout by pairing it with my companion Swing Data suite . Plotting its Keltner Channel at 1.5 multiplier over your price chart allows you to visually verify the exact moment the squeeze release mark is ignited. SATURATION ENGINE: Dual-Lock %R and Momentum Rot This suite tracks sustained trend maturity using a fast/slow dual Williams %R setup. The conceptual pairing of a fast and slow %R to identify overbought/oversold exhaustion is credited to upslidedown's excellent Trend Exhaustion indicator . I highly recommend applying their script to your chart if you want to visually learn how the two %R lines interact. While upslidedown’s implementation offers multiple display modes to paint visual boxes and exhaustion zones directly over price action, the focus here is on the discrete icons for trend status at the top and bottom of the MACD pane: Ignition (·), Saturation (□), and Fatigue (×). This suite adapts native ta.wpr() math assuming the trader is already familiar with Dual %R mechanics. Specific "Sprint" and "Marathon" tuning guidance is provided in the tooltips: heavily smoothing the fast line to ignore intraday noise, while lightly smoothing the macro slow line to preserve its reach into extreme zones. It also features one major addition: the Stall. While Dual %R tracks Price Location (confirming price is structurally pinned at the highs), it doesn't track Velocity (confirming energy is sustained). To solve this, a Stoch RSI "Rot" detector runs quietly inside the saturation state. If price continues to float at the highs but internal velocity drops below a critical threshold, the script overlays a Stall marker (•). Designed as a "one-shot" early warning, it fires only on the first detection per trend saturation leg to prevent chart clutter. This differentiates a strong trend lock from a rotting lock, warning us that the move is running on fumes: giving us the exact cue to tighten stops, trim into parabolic strength, and strictly avoid adding new size. BACKTESTER READY Out-of-the-box compatibility with a comprehensive built-in README guide is available directly inside the settings menu. For traders who prefer a "Diamond Hands" approach, the indicator fully maps to Jason5480's TTS Framework convention, outputting strict integer states (1, -1, 2, -2) to hold full position size until the trailing macro baseline completely fractures. My personal backtester, Cosmos Signal Commander (which may be released to the public in the future), broadcasts a composite float signal capable of managing active trade positioning. It tracks entries, hard stops, and partial take-profits (swapping the trailing stop from tight to a wide "runner" buffer upon hitting extended ATR targets). PERFORMANCE OPTIMIZATION O(1) Memory States: Replaced lag-heavy ta.barssince() and 50-bar for loops in the Divergence engine with O(1) var state trackers. String Caching: HUD table strings are built once in the global var scope to prevent constant memory allocation and garbage collection lag. UI Mutation: The HUD uses table.cell_set_* to alter data dynamically, bypassing the stutter caused by destroying and redrawing tables on every tick. Native C++ Backend: Replaced custom highest/lowest math arrays with native ta.wpr() functions for the %R engine to maximize computation speed. Ghost State Resets: When switching the backtester logic to "Long Only" mode, the engine actively hunts and kills lingering short-memory variables so they don't inadvertently suppress valid long signals.
Chỉ báo Pine Script®
của GoldenCosmos
2
Williams %R Jaggedness fix The standard Williams %R is extremely jagged. Relying on a naive (Highest - Close) / (Highest - Lowest) look-back formula makes it a victim of spatial illusion. It is highly vulnerable to "salt-and-pepper" noise, intraday microstructure stop-hunts, and high-frequency volatility spikes. It generates an erratic, jagged signal that triggers false regime shifts, trapping retail liquidity. Solving the jaggedness problem is not about applying a single, lagging moving average. It requires a continuous-time signal processing pipeline. I developed 4, sovereign hypotheses to isolate the true kinematic intent of the market. ► HYPOTHESIS I: The Robust Nonlinear Butterworth %R (RNB-R) The Mechanism: Amplitude and Noise Filtering. The Execution: We cleanse the raw data using a 3-period Median Filter to instantly reject 1-bar liquidity sweeps without introducing lag. The resulting %R is then dynamically smoothed via a Volatility-Adaptive SuperSmoother. The lookback adapts kinematically—tightening during explosive volatility to capture breakouts, and expanding during consolidation to ignore chop. ► HYPOTHESIS II: The Decycled Zero-Lag Cycle Oscillator (DZL-R) The Mechanism: Frequency Cancellation. The Execution: We abandon the concept of "averaging" entirely. Using a 48-bar High-Pass filter, we isolate and subtract the high-frequency spectral noise directly from the price (Decycling). By mapping the Williams %R onto this Decycled Price, we produce a zero-lag, wave-like signal that perfectly reflects pure trend movement while ignoring micro-structural noise. ► HYPOTHESIS III: The IMF-Extracted Persistent Shape Wave (IMF-W) The Mechanism: Spectral Shape Fitting & Empirical Mode Decomposition (EMD). The Execution: We deconstruct the continuous price manifold into its intrinsic cyclical modes. We discard IMF 1 (high-frequency noise) and the residual (ultra-slow drift). By reconstructing the asset using only IMF 2 and IMF 3, we force the Williams %R to measure purely persistent, rhythmic structural cycles. ► HYPOTHESIS IV: The Bipolar Inverse Fisher Williams %R (BIF-R) The Mechanism: Probability Distribution Transformation. The Execution: To maximize state persistence, we smooth the standard oscillator with a 2-pole Gaussian filter, normalize it, and compress it through an Inverse Fisher Transform. This mathematical thermodynamic shift forces the oscillator into a bimodal, polarized state. It snaps quickly between extremes and stays there, eliminating nervous jaggedness in favor of pure regime tokenization.
Chỉ báo Pine Script®
của mjrodriguezorlich69
11
Williams%R Trend Signals | Astral Vision Williams %R Trend Signals | Astral Vision 🌠💠 Williams %R measures where the current close sits within the high-low range of the past N bars, expressed on a scale from 0 to −100. Values near 0 indicate price is closing at the top of its recent range; values near 100 indicate price is closing at the bottom. Unlike RSI, %R is not smoothed internally, it reacts immediately to price extremes, making it sensitive to momentum shifts at cycle turning points. This indicator computes Williams %R on the weekly timeframe regardless of chart resolution, then applies a short SMA to reduce week-to-week noise. Trend signals fire when the smoothed %R crosses a configurable bull or bear threshold, marking the weekly bars where momentum has definitively shifted regime. Each signal is projected as a full-height glowing vertical line on the price chart, making the historical record of macro trend changes immediately visible across the entire chart history. Calculation ⚙️ `%R = 100 × (close − Highest(close, length)) / (Highest(close, length) − Lowest(close, length))` `SMA %R = SMA(%R, sma_length)` Both are computed on the weekly timeframe. A bull signal fires when the smoothed %R crosses above the bull threshold; a bear signal fires when it crosses below the bear threshold. Both thresholds are evaluated on the SMA, not the raw %R, preventing single-bar spikes from triggering signals. Plots 📊 Raw Williams %R line (thin), colored by position relative to the bull threshold Smoothed SMA %R line (thick), colored by the same logic Bull and bear threshold lines Full-height vertical lines on the price chart at each signal bar, rendered with a 4-layer glow (widths 3/6/12/20, transparencies 0/40/65/82) in positive or negative color Inputs 🎛️ `Williams %R Length`: lookback period for highest/lowest range calculation (default 40 weeks) `SMA Length`: smoothing applied to raw %R before threshold evaluation (default 4 weeks) `Bull Threshold`: SMA %R level whose upward crossing fires a bull signal (default −90) `Bear Threshold`: SMA %R level whose downward crossing fires a bear signal (default −30) Colors 🎨 5 Astral Vision presets + custom override. Default: Futura. Positive color applies to bull signals and %R readings below the bull threshold; negative color applies to bear signals and readings above it. Purpose 🎯 Standard Williams %R indicators operate on the chart's native timeframe and plot a raw oscillator with no signal logic, leaving the trader to visually interpret crosses manually across hundreds of bars. Daily %R generates excessive noise, while the macro-relevant signal is embedded in the weekly structure. This indicator locks the calculation to the weekly timeframe and adds a smoothing layer specifically to filter noise before threshold evaluation, ensuring signals represent genuine momentum regime changes rather than transient fluctuations. The glowing vertical line output translates each weekly signal event directly onto any chart timeframe, daily, 4H, or lower, making the macro turning point visible at any resolution without requiring the trader to switch between timeframes. Disclaimer ⭕️ It is not financial advice, not an investment recommendation, and not affiliated with any financial institution, research firm, or organization of any kind. All content is provided for educational and informational purposes only. Always conduct your own research before making any financial decision.
Chỉ báo Pine Script®
của AstralVision
Fear & Greed Fix [FlowForge]Fear & Greed Fix A dual Williams VIX Fix indicator that measures both panic selling and euphoric buying exhaustion simultaneously — giving you SHORT and LONG signals from a single oscillator. The concept: The original Williams VIX Fix was created to synthetically replicate the VIX on any instrument. It spikes when price drops hard relative to recent highs measuring fear and panic selling. We extended it with an inverted version that spikes when price rips hard relative to recent lows measuring greed and euphoric buying. What you see: 🟢 Green bars above zero — abnormal fear/panic selling detected. Price has dropped unusually hard relative to its recent range. Potential long exhaustion signal. 🔴 Red bars below zero — abnormal greed/euphoric buying detected. Price has ripped unusually hard relative to its recent range. Potential short exhaustion signal. Signal fires when the spike exceeds either the Bollinger Band upper band OR the historical percentile threshold whichever triggers first. Best used alongside: ORB Sessions 15m — fear/greed spikes at session opening range highs and lows often mark failed breakout reversals. Works standalone on any instrument — stocks, futures, crypto, forex, indices. No other FlowForge scripts required. Settings: - Adjustable lookback, Bollinger Band length and multiplier - Percentile threshold for signal sensitivity - Optional Bollinger Band and percentile reference lines - Full color customization Built-in alerts for fear and greed spikes Free and open source.
Chỉ báo Pine Script®
của SenavCode
%R FreeWilly [FlowForge]%R FreeWilly A dual-period Williams %R exhaustion detector built for intraday traders on micro futures and indices. Uses two %R periods simultaneously a fast line and a slow line. When both are overbought at the same time, price is at a genuine range extreme across multiple timeframes. When both are oversold, the opposite. Single-period %R generates too much noise. This doesn't fire unless both agree. What you get: - Red shaded boxes on the price chart when overbought exhaustion is active potential SHORT zone - Green shaded boxes when oversold exhaustion is active potential LONG zone - Reversal arrows when the exhaustion zone breaks the momentum shift signal - Fully customizable fast/slow lengths, colors, and thresholds Best used alongside VWAP Reversion and ORB Sessions 15m when a SHORT or LONG zone label fires inside a red or green %R box, confluence is high. Use the ORB session boxes for context on where price is relative to the opening range. Default settings: Fast 21 / Slow 112 Free and open source. No invite needed
Chỉ báo Pine Script®
của SenavCode
1
Combined Signal IndicatorCombined Signal Indicator (CSI) What it is: A multi-confirmation signal indicator that requires 6 independent indicators to align simultaneously before printing a Buy or Sell label on the chart. It's designed to filter out low-quality setups by demanding agreement across momentum, trend, correlation, and volume-weighted effort before triggering. What each component is watching: PSMA — Measures what percentage of a range of moving averages price is currently trading above. Both the raw reading and its smoothed version must be in extreme territory (below 20 for buys, above 80 for sells), confirming broad MA-based oversold/overbought conditions. SupOsc — A SuperTrend-based oscillator that tracks whether price is positioned bullishly or bearishly relative to its ATR bands. A buy fires when the oscillator crosses up through -0.50, a sell when it crosses down through +0.50. Willy (Williams %R) — A classic overbought/oversold oscillator. The CSI checks the previous candle — meaning %R had to have already been in oversold (<-80) for buys or overbought (>-20) for sells. This acts as a lookback confirmation rather than a same-bar trigger. LCO — Measures the linear correlation of price over a rolling window. A green background means price is in a strongly negative correlation regime (potential reversal zone for buys), red means strongly positive (potential exhaustion for sells). EvR — A volume-weighted effort vs. results oscillator. A rising RROF_s line (green background) signals bulls are in control; falling (red background) signals bears. This adds a volume-effort dimension most indicators miss. StochSup — A SuperTrend applied directly to the Stochastic RSI. Buy signals only trigger when the trend flips bullish while StochRSI is still below 50 (room to run). Sell signals only trigger when the trend flips bearish while above 50. Does it repaint? Partially — and this is important. Because real-time tracking is enabled, signals can appear and disappear mid-candle as price moves. This is intentional by design — the indicator is always reflecting live conditions. However: A signal that is visible when a candle closes is confirmed and will not move or disappear retroactively. A signal that appears mid-candle but conditions break before close will vanish — it was never a confirmed signal. The StochSup has a "Wait for Timeframe Close" toggle — when enabled it uses confirmed bars only (no repaint on that component). When disabled it updates live but may repaint on higher timeframe modes. Best practice: Treat any signal as a live alert during the candle, and a confirmed signal only at candle close. The Alert: There is one unified alert condition — it fires on either a buy or a sell. When setting it up in TradingView, choose "Once Per Bar" if you only want confirmed close signals, or "Once Per Bar Close" to strictly avoid any mid-candle noise. The alert message will display the ticker and timeframe automatically. Things to keep in mind: Because all 6 conditions must align, signals will be relatively rare — this is a feature, not a bug. It prioritizes quality over quantity. The indicator works on any timeframe and any market that has volume data. On assets without volume (some forex pairs), the EvR component defaults to neutral behavior. All settings for all 6 indicators are adjustable directly from the inputs panel, organized by group, so you can tune each component independently without touching the code. Not enough signals? For more signals... Highest Impact PSMA — Buy Level → Raise from 20 up to 30 or 35. Both lines just need to be below this number, so widening it catches more setups. PSMA — Sell Level → Lower from 80 down to 70 or 65. Same logic, opposite direction. LCO — Upper Level → Lower from 0.8 toward 0.5 or 0.6. Less extreme correlation required for a red background. LCO — Lower Level → Raise from -0.8 toward -0.5 or -0.6. Less extreme correlation required for a green background. Medium Impact Willy — Oversold Level → Raise from -80 to -70 or -65. Wider oversold zone means the previous candle qualifies more often for buys. Willy — Overbought Level → Lower from -20 to -30 or -35. Same idea for sells. SupOsc — ATR Multiplier → Lower from 2.0 toward 1.5. Tighter bands mean the oscillator crosses ±0.50 more frequently. Lower Impact StochSup — Multiplier → Lower from 10 toward 6 or 7. The SuperTrend on the Stoch RSI flips direction more often with tighter bands. StochSup — RSI Length / K Period → Shorter values make the Stoch RSI more reactive, flipping the trend signal more frequently. The Priority Order Start with PSMA thresholds first, then LCO levels, then Willy levels. Those three alone will have the most noticeable effect on signal frequency without compromising the structural logic of the system.
Chỉ báo Pine Script®
của parkerberlinger
5
P3 Power Price & Money Flow Extremes Don’t Trade the Move. Understand It. P3 Power is a simple tool built to help you recognize when the market is in an extreme condition. It combines two components: • %R (blue) → measures how far price has stretched • MFI (green) → shows whether money is actually behind the move When both align, something important is happening. That doesn’t mean buy or sell — it means pay attention. HOW I USE IT This is not an entry indicator. It is a decision filter. I use it to answer: • Is price stretched? • Is money confirming the move? • Is this expansion or exhaustion? When both are at extremes, the market is in a high-energy state. From there, I rely on structure and location. USING WITH VWAP This is where it becomes powerful. • Extreme + far from VWAP → often reversion • Extreme + holding VWAP bands → often continuation • Extreme + VWAP rejection → strong reaction potential P3 Power tells you when something matters. VWAP helps decide what to do. MULTI-TIMEFRAME USE You can run %R and MFI on different timeframes. Examples to test: • Same timeframe → precise timing • Lower TF %R + higher TF MFI → early signal + confirmation • Higher TF MFI → larger exhaustion zones This is where the tool opens up — but it requires backtesting. IMPORTANT This indicator does NOT provide entry or exit signals. If you trade every extreme, you will get run over. Extremes can mean: • reversal • continuation • or nothing Use this with structure, VWAP, and your own rules. This tool is built to help you understand conditions — not chase signals.
Chỉ báo Pine Script®
của lacaze1102
Swing Circles - Signals occur in real time throughout the duration of the candle. They may appear and disappear throughout the candle that they're tracking but when the candle closes there is no re-paint. These are solid signals. I've added 1 single alert whenever and Swing Circle triggers red or green. - Swing Circles combines two momentum indicators — a smoothed CCI and Williams %R — to flag potential exhaustion points where price may be overextended in one direction while the underlying momentum tells a conflicting story. The CCI (Commodity Channel Index) measures how far price has deviated from its average. When it's reading extremely high or low it tells us price has made a significant move. The Slow %R (Williams Percent Range) measures where price sits within its range over a longer lookback period — near the top of its range or near the bottom. The signal logic looks for disagreement between the two: - 🔴 Red circle above the candle — CCI is extremely elevated (above 150), meaning price has surged hard, BUT the Slow %R is sitting deep in oversold territory (below -65), meaning over the longer lookback price is actually near the bottom of its range. That contradiction suggests the short-term push may be exhausted and a reversal could be coming. - 🟢 Green circle below the candle — CCI is extremely depressed (below -150), meaning price has sold off hard, BUT the Slow %R is near the top of its range (above -35), again a contradiction that suggests the selloff may be losing steam. - In short — it's hunting for moments where short-term momentum has gone to an extreme but the bigger picture range context isn't confirming it, which is often where swing reversals set up. - To get MORE signals — make the conditions EASIER to meet: - CCI thresholds — bring them closer to zero. 150/-150 → 130/-130 → 100/-100. The CCI will cross those levels more frequently so circles fire more often. %R thresholds — bring them closer to -50 (the midpoint). So -65 → -55 and -35 → -45. That widens the zone where %R qualifies, making it easier for both conditions to be true at the same time. - CCI Length — shorten it (e.g. 13 → 8). A shorter CCI is more reactive and will spike to extremes more often. Slow %R Length — shorten it (e.g. 112 → 60). A shorter lookback makes %R more sensitive and it will swing around more frequently. Enable smoothing on %R — counterintuitively this can sometimes increase signals by keeping %R in a qualifying zone longer since smoothing slows its exit. - To get FEWER signals — make the conditions HARDER to meet: - CCI thresholds — push them further from zero. 150/-150 → 175/-175 → 200/-200. Fewer bars will reach those extremes. %R thresholds — push them toward the edges. -65 → -75 and -35 → -25. Now %R needs to be deeper in its extreme to qualify. - CCI Length — lengthen it (e.g. 13 → 20). A longer CCI is smoother and spikes to extremes less often. Slow %R Length — lengthen it (e.g. 112 → 150+). A longer lookback makes %R very slow moving and harder to reach extremes. HMA Length — lengthen it (e.g. 8 → 13). More smoothing on the CCI means it moves more slowly and is less likely to spike past your threshold.
Chỉ báo Pine Script®
của parkerberlinger
SMC Toolkit - CHoCH, BoS, FVG, P/D [AvantCoin]SMC Toolkit - CHoCH, BoS, FVG, P/D A focused market structure indicator covering the four foundational SMC concepts in a single, configurable tool. What it shows CHoCH (Change of Character): marks the first break that reverses the prevailing trend. BoS (Break of Structure): marks continuation breaks in the direction of the current trend. FVG (Fair Value Gaps): highlights 3-candle imbalance zones, with automatic tracking of mitigation, time expiry, and structural invalidation. Premium / Discount: plots the equilibrium of the current swing range, with optional zone shading to identify where price sits relative to the range. **Settings** Independent visibility toggles for CHoCH, BoS, FVG, and Premium/Discount, show only what you need. Swing lookback and break confirmation mode (close or wick) for structure detection. FVG mitigation mode (first touch or full fill), max extension in bars, and option to hide inactive gaps. Fully customizable colors, line styles, and opacity for every element. Built-in alerts for bullish and bearish CHoCH and BoS events. Design principles Every rule the indicator uses is documented in the script header. Pivots do not repaint, swings are consumed once broken, and signals are drawn on the bar of confirmation, what you see live is what you see in backtest. Designed for clarity on any timeframe and any market.
Chỉ báo Pine Script®
của AvantCoin
JFJRTLAKJ Strategy — Trend & Pullback Indicator This indicator is based on the AKJ Swing Trading Strategy and combines Bollinger Bands (10/1) with Williams %R (4) across two timeframes. It is designed as a visual screener — the final trading decision always requires your own analysis. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ BACKGROUND COLORS (Weekly Chart Status) ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🟢 GREEN — Weekly Long active The weekly chart has closed above the upper Bollinger Band at least 2 consecutive times. The background remains green until a counter-signal appears. 🔴 RED — Weekly Short active The weekly chart has closed below the lower Bollinger Band at least 2 consecutive times. 🔵 BLUE — Warning (possible trend reversal) The current week closes for the first time against the existing weekly direction (1x above BB during a Short, 1x below BB during a Long). The signal is still active — proceed with caution. ⬜ NEUTRAL — No weekly setup present. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ CHART SIGNALS ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ▲ LONG Pullback (green arrow) Appears when: Weekly Long active + Daily closed 2x above BB + Williams %R ≤ -80% + current candle is a down candle (Close < Open). The arrow appears on every qualifying candle as long as the setup remains active — the entry stop is trailed accordingly. ▼ SHORT Pullback (red arrow) Appears when: Weekly Short active + Daily closed 2x below BB + Williams %R ≥ -20% + current candle is an up candle (Close > Open). Same principle for trailing the entry. ✕ Signal broken (orange cross) Appears once when the daily chart closes 2 consecutive times against the weekly direction. The daily setup is then invalid. It reactivates automatically once the daily closes 2x again in the direction of the weekly trend. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ INFO BOX (top right) ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Weekly — Current weekly chart status (LONG ✓ / SHORT ✓ / NEUTRAL) Daily Signal — Whether the daily setup is active (LONG active / SHORT active / no setup) Williams %R — Current %R value, color-coded when inside the trigger zone Pullback — Whether a pullback signal is present on the current candle Setup ▲▼ — Summary row: lights up green/red when all conditions for a trade are met and an entry would be valid. Designed for fast screening. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ SCREENER USAGE ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ This indicator is designed as a first filter when screening stocks. The Setup row in the info box shows at a glance whether a potential trade is present. A full analysis — including the higher timeframe monthly trend, upcoming earnings, and overall market conditions — is always required before entering any trade. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ SETTINGS ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ BB Length: 10 (default) BB Standard Deviation: 1.0 (default) Williams %R Length: 4 (default) Oversold Level: -80 (Long trigger) Overbought Level: -20 (Short trigger) All parameters are adjustable. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ DISCLAIMER ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ This indicator is for educational purposes only. It does not constitute financial or investment advice. Trading involves substantial risk of loss. Past signals are no guarantee of future results. Always trade at your own risk.
Chỉ báo Pine Script®
của judithfiedler
JFJRTLAKJ Strategy — Trend & Pullback Indicator This indicator is based on the AKJ Swing Trading Strategy and combines Bollinger Bands (10/1) with Williams %R (4) across two timeframes. It is designed as a visual screener — the final trading decision always requires your own analysis. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ BACKGROUND COLORS (Weekly Chart Status) ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🟢 GREEN — Weekly Long active The weekly chart has closed above the upper Bollinger Band at least 2 consecutive times. The background remains green until a counter-signal appears. 🔴 RED — Weekly Short active The weekly chart has closed below the lower Bollinger Band at least 2 consecutive times. 🔵 BLUE — Warning (possible trend reversal) The current week closes for the first time against the existing weekly direction (1x above BB during a Short, 1x below BB during a Long). The signal is still active — proceed with caution. ⬜ NEUTRAL — No weekly setup present. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ CHART SIGNALS ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ▲ LONG Pullback (green arrow) Appears when: Weekly Long active + Daily closed 2x above BB + Williams %R ≤ -80% + current candle is a down candle (Close < Open). The arrow appears on every qualifying candle as long as the setup remains active — the entry stop is trailed accordingly. ▼ SHORT Pullback (red arrow) Appears when: Weekly Short active + Daily closed 2x below BB + Williams %R ≥ -20% + current candle is an up candle (Close > Open). Same principle for trailing the entry. ✕ Signal broken (orange cross) Appears once when the daily chart closes 2 consecutive times against the weekly direction. The daily setup is then invalid. It reactivates automatically once the daily closes 2x again in the direction of the weekly trend. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ INFO BOX (top right) ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Weekly — Current weekly chart status (LONG ✓ / SHORT ✓ / NEUTRAL) Daily Signal — Whether the daily setup is active (LONG active / SHORT active / no setup) Williams %R — Current %R value, color-coded when inside the trigger zone Pullback — Whether a pullback signal is present on the current candle Setup ▲▼ — Summary row: lights up green/red when all conditions for a trade are met and an entry would be valid. Designed for fast screening. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ SCREENER USAGE ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ This indicator is designed as a first filter when screening stocks. The Setup row in the info box shows at a glance whether a potential trade is present. A full analysis — including the higher timeframe monthly trend, upcoming earnings, and overall market conditions — is always required before entering any trade. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ SETTINGS ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ BB Length: 10 (default) BB Standard Deviation: 1.0 (default) Williams %R Length: 4 (default) Oversold Level: -80 (Long trigger) Overbought Level: -20 (Short trigger) All parameters are adjustable. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ DISCLAIMER ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ This indicator is for educational purposes only. It does not constitute financial or investment advice. Trading involves substantial risk of loss. Past signals are no guarantee of future results. Always trade at your own risk.
Chỉ báo Pine Script®
của judithfiedler
AG Pro Williams %R Exhaustion Map [AGPro Series]AG Pro Williams %R Exhaustion Map Overview / What it does AG Pro Williams %R Exhaustion Map is a bounded-oscillator reaction map built to study exhaustion behavior around the extreme ends of Williams %R. Instead of treating Williams %R as a simple overbought/oversold trigger, this script maps whether an extreme reading is only being touched briefly, held with persistence, beginning to release, failing to release, or unwinding with more structure. The goal is to organize extreme-zone behavior into readable states rather than reduce the tool to a basic reversal shortcut. The script is designed for traders who want to understand when an extreme condition is still being sustained and when that same condition may be starting to lose efficiency. In practice, that means the script focuses less on isolated crossings and more on the sequence around them: entry into an extreme zone, time spent there, the first release attempt, the possibility of a failed release, and the confirmation of an exhaustion unwind. This sequence-based framing is what gives the tool its map identity. Within the AG Pro series, this script is intentionally separate from tools that revolve around trend confirmation, centerline balance, divergence, or generic momentum shifts. It is also intentionally separate from the series' Stochastic-based exhaustion work. Stochastic can be useful for reading swing rhythm and rotational turns, while this Williams %R version is centered more tightly on bounded extreme persistence and release behavior. In other words, this script is not presented as an alternative skin for another oscillator. It is a different framework for reading how price behaves when an oscillator remains pinned near an edge and then attempts to escape that condition. Unique Edge The unique edge of this script is not that it plots Williams %R, but that it classifies the life cycle of an extreme reading. The script distinguishes between stretch, locked conditions, release attempts, failed releases, and exhaustion unwinds. That structure helps separate three situations that are often mixed together in standard oscillator use: 1) an extreme reading that is still being sustained, 2) an extreme reading that has started to weaken but may still fail, and 3) an extreme reading that is releasing with enough follow-through to qualify as an exhaustion unwind. This matters because many standard oscillator workflows treat every exit from an extreme zone as if it carried the same informational value. This script does not. It places more emphasis on persistence, release quality, and post-release follow-through, which can help users avoid treating every early reversal attempt as equivalent. Methodology The script begins with Williams %R and user-defined extreme thresholds. From there, it evaluates how long the oscillator remains in the upper or lower extreme zone and how deeply it is embedded in that zone. This forms the basis of the lock-strength logic. A fast touch into an extreme area and an extended embedded condition are therefore not interpreted in the same way. Once an extreme condition has persisted long enough, the script begins monitoring for a release. A release is not defined as any random movement away from the boundary. It requires the prior extreme condition to have had sufficient persistence and then looks for a buffered move away from the threshold. This helps reduce noise from trivial fluctuations around the extreme lines. After a release is detected, the script continues to track what happens next. If the oscillator quickly slips back into the same extreme region, the move can be classified as a failed release. If the move continues far enough away from the release anchor within the confirmation window, it can be classified as an exhaustion unwind. This post-release tracking is a central part of the script's design because it helps distinguish between temporary relief and more meaningful exhaustion release. The panel summarizes this process using state, side, lock strength, and release quality. Lock strength is intended to reflect how established the prior extreme condition was. Release quality is intended to reflect the quality of the release sequence, not forecast what price must do next. These metrics are descriptive and contextual. They are not guarantees. Signals & Alerts This script provides event-style labels and alert conditions for the main transitions in the exhaustion sequence. The alerts are deterministic and tied to explicit script conditions rather than discretionary interpretation. Main event types: - Bullish release detected - Bearish release detected - Bullish release failed - Bearish release failed - Bull exhaustion unwind confirmed - Bear exhaustion unwind confirmed How to interpret them: - A release event marks the first qualified move away from a persistent extreme condition. - A failed release marks a release attempt that reverted back into the prior extreme condition too quickly. - An exhaustion unwind confirmation marks a release that traveled far enough from its anchor within the configured window to qualify as a more established unwind sequence. These events are intended to help structure chart reading. They are not standalone trade instructions, and they are not framed as guaranteed reversal signals. Key Inputs Williams %R Length Controls the oscillator lookback period. Upper Extreme / Lower Extreme Define the zones used to classify upper and lower exhaustion behavior. Lock Bars Controls how much persistence is required before an extreme condition is treated as locked rather than only stretched. Release Buffer Adds distance beyond the raw threshold so the script does not treat every minor edge fluctuation as a release. Confirm Distance / Confirm Window Control how far and how quickly a release must extend to qualify as an exhaustion unwind. Fail Window Controls how quickly a release can revert back into the extreme zone and still be classified as a failed release. Event Memory Bars Controls how long the release state is remembered on the chart. Visual Settings Allow users to control event labels, minimum spacing between labels, background tint, and optional price-bar coloring. Panel Settings Allow users to control panel visibility, placement, font size, and theme. How this differs from related AG Pro scripts This script should not be confused with the series' other momentum or exhaustion tools. Compared with Stochastic-based exhaustion work in the AG Pro series, this script is less about oscillator rhythm and more about the persistence and release structure of a bounded extreme condition. The emphasis here is on whether Williams %R remains pinned, whether the first escape attempt fails, and whether the unwind becomes established. Compared with RSI-, CCI-, or MFI-oriented workflows, this script is not a centerline trend model, not a divergence engine, and not a money-flow proxy. Its purpose is narrower and more specific: to map the state transition of extreme Williams %R conditions. Compared with broader trend or regime tools in the AG Pro series, this script is not trying to classify the full market environment by itself. It is better understood as a focused reaction map that can be used alongside a user's own structure, trend, or risk framework. Limitations & Transparency This is an indicator, not a strategy. It does not place orders, it does not calculate performance statistics, and it does not claim to predict future price direction. It visualizes oscillator-state transitions derived from Williams %R and user-defined thresholds. Like all bounded oscillators, Williams %R can remain in extreme territory for extended periods during strong directional conditions. For that reason, an extreme reading should not automatically be interpreted as a reversal condition. This script attempts to improve that interpretation by separating stretch, lock, release, failed release, and unwind behavior, but it does not eliminate false positives. Results can vary meaningfully with symbol, timeframe, volatility regime, and input configuration. Traders should expect the script to behave differently on very quiet markets, strongly trending markets, and highly reactive instruments. Label frequency and state persistence can also change materially when thresholds and confirmation settings are adjusted. This tool is intended to support chart organization and decision framing. It should be used with the user's own market structure analysis, execution model, and risk management process. Risk Disclosure This script is provided for educational and analytical purposes only. It is not financial advice, not a solicitation, and not a promise of results. Trading and investing involve risk, including the risk of loss. No indicator can remove uncertainty from markets, and no exhaustion signal guarantees reversal, continuation, or trade success. Users should validate any workflow with their own testing, judgment, and risk controls before using it in live decision-making.
Chỉ báo Pine Script®
của AGProLabs
4
[ A L P H A X ] Reversal - RSI Divergence + WPR Timing EngineAlphaX Reversal — RSI Divergence Engine, Triple WPR Timing System, Multi-Confluence Confidence Scoring & Smart Entry/Exit Signals AlphaX Reversal is a professional-grade reversal detection and signal system built on a dual-engine architecture combining RSI Divergence analysis with a triple-timeframe Williams %R timing system. It detects both regular and hidden divergences, scores every signal through a real-time multi-factor confidence engine, and produces clean tier-graded entry labels and exit markers — all governed by intelligent filters that eliminate low-quality setups automatically. Designed for reversal traders and swing scalpers on instruments like XAUUSD, indices, and forex majors. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🔬 The Two-Engine Architecture — How It Works AlphaX Reversal is powered by two independent engines that must both agree before any signal fires. Engine 1 — RSI Divergence Detector The first engine continuously monitors RSI pivot highs and lows against price pivot highs and lows, detecting four divergence types in real time: Regular Bullish Divergence — price makes a lower low while RSI makes a higher low (classic exhaustion reversal) Regular Bearish Divergence — price makes a higher high while RSI makes a lower high (classic distribution signal) Hidden Bullish Divergence — price makes a higher low while RSI makes a lower low (trend continuation after pullback) Hidden Bearish Divergence — price makes a lower high while RSI makes a higher high (distribution within a downtrend) When a valid divergence pair is found, a line is drawn on the price chart between the two pivot points — immediate visual confirmation of the structure that triggered the signal. Engine 2 — Triple WPR Timing System The second engine runs three Williams %R oscillators simultaneously at different periods: WPR Fast — the primary signal generator, reacting quickly to momentum shifts WPR Medium — intermediate confirmation, filtering out fast WPR noise WPR Slow — macro trend direction, used to gate counter-trend entries A divergence signal from Engine 1 must be confirmed by a qualifying WPR condition from Engine 2 — a cross from an extreme zone, rising velocity, or a multi-bar recovery. This two-layer gate is what prevents AlphaX Reversal from firing on every minor oscillator wiggle. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📊 Four Divergence Types AlphaX Reversal detects and distinguishes between four divergence structures, each labeled directly on the signal: REG Bull — Regular Bullish. Price exhaustion at a new low while momentum is already recovering. Strongest reversal signal. REG Bear — Regular Bearish. Price making new highs on declining momentum. Classic distribution. HID Bull — Hidden Bullish. A pullback within an uptrend — trend continuation setup. HID Bear — Hidden Bearish. A bounce within a downtrend — continuation of the bear move. Regular divergences receive a higher base confidence score than hidden divergences, reflecting their stronger reversal probability. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🏷 Signal Tiers — S / A / B Every entry signal is graded into one of three tiers based on its real-time confidence score: S-Tier (70%+) — the highest quality setups. All major confluence factors aligned. Brightest label, strongest visual weight. A-Tier (55–69%) — strong setups with most factors confirmed. Standard brightness. B-Tier (35–54%) — valid setups that meet the minimum threshold. Dimmer label color. Tier, divergence type, and confidence score are all displayed directly on every label — you always know the quality of the setup at a glance, without checking the dashboard. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🧠 Multi-Confluence Confidence Scoring Every signal is scored by a real-time engine evaluating eight independent factors. Only signals meeting your configured Min Confidence % threshold are displayed. Divergence Type Quality (up to 30 points) Regular divergence — 30 points Hidden divergence — 22 points WPR Extreme Depth (up to 20 points) How deeply the Fast WPR penetrated into oversold or overbought territory before recovering — deeper penetration scores higher WPR Cross Timing (up to 15 points) Cross from extreme zone — 15 points Strong WPR velocity — 10 points Multi-bar recovery in progress — 6 points WPR Multi-Timeframe Alignment (up to 10 points) All three WPR timeframes simultaneously in extreme territory (Triple OS/OB) — 10 points Medium WPR in extreme zone — 7 points WPR Slow Structural Context (up to 8 points) Slow WPR aligned with the signal direction adds structural confirmation Candle Confirmation (up to 7 points) Strong-bodied candle closing in the signal direction — 7 points Weaker confirming close — 4 points Volume (up to 5 points) Volume spike (1.5× average) — 5 points Above-average volume — 3 points RSI Depth Bonus (up to 5 points) RSI below 25 (bull) or above 75 (bear) adds a bonus for extreme readings that reinforce the divergence Penalty Deductions RSI at opposite extreme — up to 10 points deducted WPR Slow against the signal direction — up to 8 points deducted Extreme WPR velocity (likely spike or wick) — up to 5 points deducted The default minimum confidence is 35% — optimized for XAUUSD 1-minute to filter noise while keeping valid reversal setups. Increase to 45–55% for cleaner signals on higher timeframes. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🚪 Exit Markers Red dot markers indicating where the WPR system detects counter-trend momentum building — time to consider taking profit or tightening stops Exit markers appear as small red dots and fire only after a position is open: During a long position — a bearish WPR signal triggers an exit dot above the bar During a short position — a bullish WPR signal triggers an exit dot below the bar Two independent exit modes are available and can be toggled separately: Exit on Opposite Signal — exits the current position when a full opposing entry signal fires Exit on WPR Exhaustion — exits when WPR crosses into the opposing extreme zone beyond your configured threshold Use exit markers to take partial or full profit, tighten your stop loss, or pause new entries until the next signal confirms continuation. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📋 Live Dashboard The built-in dashboard displays full system state in real time: RSI — current value with color-coded extremes WPR Fast / Medium / Slow — all three values with directional coloring WPR Velocity — FLAT / RISING / FALLING / FAST with color grading Divergence Status — the active divergence type on the current bar Bull Confidence % — live score for the current bullish setup Bear Confidence % — live score for the current bearish setup Position — LONG / SHORT / FLAT tracking the active signal direction Open P&L — real-time unrealized profit and loss in price and percentage Volume — NORMAL / HIGH / SPIKE with current ratio vs 20-bar average The dashboard can be positioned in any corner and text size is independently configurable. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🚀 How to Trade with AlphaX Reversal — Step by Step Step 1 — Watch for a Divergence Line When a divergence line appears connecting two pivots on the chart, Engine 1 has detected a valid structure Check the dashboard Divergence Status row to confirm the type Step 2 — Enter on the Signal Label When the label fires, both engines have confirmed the setup The label shows tier (S/A/B), divergence type (REG/HID), and confidence score directly on the bar Place your stop loss beyond the price pivot that formed the divergence Step 3 — Manage with the Dashboard Monitor WPR Velocity and WPR Fast — rising values confirm the reversal is following through Flat or reversing velocity warns that momentum is stalling early Step 4 — Exit on the Red Dot When a red exit dot appears, counter-trend momentum has built sufficiently to trigger the exit engine Take partial or full profit, or tighten your stop Step 5 — Reset and Wait After an exit, wait for the next divergence structure before re-entering Do not force entries between signals ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ⚡ Key Features 🔬 Dual-engine architecture — RSI Divergence and triple WPR timing must both confirm before any signal fires 📐 Four divergence types — Regular Bullish, Regular Bearish, Hidden Bullish, Hidden Bearish — detected and labeled distinctly 🏷 Three signal tiers (S / A / B) — confidence-graded labels with visual weight matching signal quality 🧠 Multi-factor confidence scoring — divergence type, WPR depth, velocity, timing, candle body, volume, RSI depth, and penalties 📉 Divergence lines drawn automatically — visual confirmation of the exact pivot pair that triggered the signal 🔴 Smart exit markers — red dots that fire only after a position is open, triggered by WPR exhaustion or opposing signal 📋 Full live dashboard — RSI, three WPR values, velocity, divergence status, confidence scores, position, P&L, and volume in one panel ⏱ Signal cooldown filter — prevents repeated signals during volatile whipsaw conditions 🎨 Cohesive dual-tone color theme — yellow-green for bullish, red for bearish, gray for exits and neutral states 🔔 17 alert conditions — tiered entry alerts, exit alerts, divergence detection alerts, and WPR extreme alerts ⚙ Fully configurable — all periods, thresholds, divergence widths, colors, and exit modes adjustable ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ⚙ Settings Reference RSI Divergence RSI Period — base RSI calculation period (default: 9) RSI Pivot Lookback — pivot detection sensitivity (default: 3) Max Divergence Width — maximum bars between the two pivot points (default: 40) Min Divergence Width — minimum bars between the two pivot points (default: 5) Show Divergence Lines — toggle the connecting lines on the price chart WPR Timing WPR Fast / Medium / Slow Period — three independent WPR periods (defaults: 8 / 21 / 55) WPR Oversold / Overbought Levels — extreme zone thresholds (defaults: -82 / -18) Signal Filters Min Confidence % — minimum score to display a signal (default: 35%) Signal Cooldown — minimum bars between consecutive signals (default: 6) Require Volume Confirm — optional volume gate using a minimum ratio vs 20-bar average Exits Exit on Opposite Signal — exit the current position when an opposing signal fires Exit on WPR Exhaustion — exit when WPR crosses into the opposing extreme zone WPR Exit Bull / Bear Levels — configurable WPR thresholds for the exhaustion exit Appearance & Dashboard Label Size — Tiny / Small / Normal Dashboard Text Size — Tiny / Small / Normal Show Dashboard — toggle the live overlay panel Dashboard Position — Top Left / Top Right / Bottom Left / Bottom Right ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🔔 Alert Conditions S-Tier Bull Reversal — bullish signals scoring 70%+ A-Tier Bull Reversal — bullish signals scoring 55–69% B-Tier Bull Reversal — bullish signals scoring 35–54% S-Tier Bear Reversal — bearish signals scoring 70%+ A-Tier Bear Reversal — bearish signals scoring 55–69% B-Tier Bear Reversal — bearish signals scoring 35–54% Any Bull Reversal — all bullish entry signals combined Any Bear Reversal — all bearish entry signals combined Any Reversal Signal — all entries combined Bull Exit — long position exit signal Bear Exit — short position exit signal Any Exit — all exits combined Regular Bull Divergence Detected Regular Bear Divergence Detected Hidden Bull Divergence Detected Hidden Bear Divergence Detected Triple WPR Oversold — all three WPR periods simultaneously in oversold territory Triple WPR Overbought — all three WPR periods simultaneously in overbought territory All alert messages include {{ticker}} and {{interval}} placeholders for clean webhook integration. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🎯 Default Settings — Optimized For The default configuration is specifically tuned for XAUUSD (Gold) on the 1-minute and 5-minute timeframes : Confidence threshold at 35% filters low-quality setups while keeping valid reversal signals Cooldown at 6 bars prevents label spam during volatile back-and-forth conditions WPR periods (8 / 21 / 55) calibrated for gold's fast-moving intraday reversal structure Divergence width of 5–40 bars captures the relevant reversal structures without reaching too far back For other instruments or timeframes, adjust: Higher timeframes (15m, 1H) — increase RSI Pivot Lookback to 4–5, increase Min Confidence to 40–50%, widen Max Divergence Width to 50–60 Forex majors — defaults work well; reduce RSI Period to 7 for faster detection Indices (NAS100, US30) — increase WPR Slow to 89 for broader trend context Less noise — increase Min Confidence %, increase Cooldown, reduce Max Divergence Width More signals — decrease Min Confidence %, decrease Cooldown, widen divergence window ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 👥 Who This Is For 🥇 Gold (XAUUSD) reversal traders — built and tested on gold's sharp intraday reversal character 📉 Forex and index swing traders — applicable to any instrument that exhibits momentum divergence at turning points 🧠 Systematic traders — the tiered confidence scoring gives a quantitative quality framework, not just visual arrows 📈 Traders who want to know why — every signal shows its tier, divergence type, and score directly on the label ⚠ Traders who struggle with overtrading — the dual-engine confirmation gate and confidence threshold physically prevent weak signals from appearing ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📝 Notes All signals are confirmed on bar close — no repainting Divergence lines connect the actual price pivot points used to generate the signal The position tracker and P&L display are internal to the indicator and do not connect to your broker account Maximum 500 labels and 500 lines — on very low timeframes with extended history, oldest drawings may be removed automatically by TradingView's rendering limits ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ⚠ Disclaimer This indicator is a technical analysis and visualization tool intended for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any financial instrument. All signals are generated from historical and real-time price data using mathematical calculations — their accuracy or profitability is not guaranteed. Past performance of any signal type does not guarantee future results. Always conduct your own analysis, use proper risk management, and consult a licensed financial advisor before making any trading decisions. The author accepts no responsibility for any losses incurred from the use of this indicator. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Built for traders who want to see the divergence, understand the confirmation, and act with confidence.
Chỉ báo Pine Script®
của AlphaX-Trade
4
Larry Williams Qualified Trend Break Signals [tradeviZion]Larry Williams Qualified Trend Break Signals - Description 📖 Introduction Welcome to the Larry Williams Qualified Trend Break Signals indicator. This description explains how the indicator works, its settings, and how to use it. This indicator demonstrates Larry Williams' Qualified Trend Line Break technique - his preferred method for timing precise entries on daily charts when you already have a confirmed market setup. --- 🎯 About This Script This indicator implements the Qualified Trend Line Break system - an entry technique that qualifies trend line breaks for better timing. Important: This is NOT a signal generator. It's an entry timing tool for traders who already have a market setup and confirmation. Use it only after establishing weekly bias and daily confirmation. Why We Made This Indicator: This indicator demonstrates Larry Williams' favorite entry technique for daily timeframe trading. It's designed to be used as part of his complete methodology: How To Use It Properly: First, establish your setup: Check weekly chart for overall market bias (bullish/bearish) Then confirm on daily: Look for confirmation signals on daily timeframe Finally, use trend breaks: Enter trades only when trend breaks align with your setup direction Important Warning: This is NOT a standalone buy/sell signal indicator. Using trend breaks without proper setup and confirmation will likely produce poor results. It's a timing tool for entries, not a signal generator. --- About The Qualification Rules The system improves on qualification methodology with these key changes: For BUY signals (breaking above downtrend lines): Break is usually bad if previous bar closed higher But can still be good if: Previous bar was inside the prior bar AND that prior bar closed lower Price gaps above trend line and moves up at least one tick Previous bar closed below its own opening price For SELL signals (breaking below uptrend lines): Break is usually bad if previous bar closed lower But can still be good if: Previous bar was inside the prior bar AND that prior bar closed higher Price gaps below trend line and moves down at least one tick Previous bar closed above its own opening price --- 📐 How The Qualification System Works The trend break system is based on qualification methodology as developed by Larry Williams . It solves the problem where trend line breaks often fail and price goes back. Trend Line Setup: For BUY signals: Connect the two most recent declining swing highs to make a downtrend line For SELL signals: Connect the two most recent rising swing lows to make an uptrend line Inside Bar Rule: A key principle: Trend breaks that occur on inside bars are completely ignored. The system only evaluates breaks that occur on regular bars, making signals more reliable. How It Works In The Code The indicator follows these steps: Finds swing points: Identifies highs and lows in the price action Draws trend lines: Connects 2 recent swing points to make trend lines Checks inside bars: Ignores breaks that happen on inside bars Qualifies signals: Uses the rules to check if breaks are good or bad Shows signals: Only displays qualified BUY/SELL signals Optional feature: Can show disqualified signals ⚙️ Settings The indicator has 3 groups of settings to customize how it works. --- 📊 Signal Settings Show Signals Default: ON ON: Displays green/red labels when trend breaks qualify for entry OFF: Hides entry labels (trend lines still show for analysis) Remember: These are entry TIMING signals, not standalone buy/sell signals Signal Selection Default: Both | Options: Buy Only, Sell Only, Both Buy Only: Shows only BUY signals Sell Only: Shows only SELL signals Both: Shows both BUY and SELL signals Break Validation Default: Close | Options: Break Level, Close Break Level: Signal when price touches the trend line (more signals) Close: Signal when bar closes beyond trend line (fewer signals) Tip: Try "Close" first for better signals Show Disqualified Default: OFF | Options: ON/OFF What it does: Shows bad breaks ON: Shows gray ❌ labels with explanations OFF: Hides bad signals 👁️ Display Settings Show Trend Lines Default: ON What it does: Shows trend lines on the chart Looks like: Dashed blue lines connecting swing points Goes to: Extends into future bars Why: Shows where breakouts are expected Show Swing Points Default: ON What it does: Marks highs/lows used for trend lines Looks like: Shape markers at swing locations Shows: How trend lines are constructed Marker Style Default: Circle | Options: Circle, Triangle, Square, Diamond, Cross What it does: Choose shape for swing markers Options: Circle, Triangle, Square, Diamond, Cross Best choice: Circle is clear without being busy Marker Size Default: 3 | Range: 1-10 What it does: Controls marker size Range: 1 (tiny) to 10 (large) Show Inside Bars Default: ON What it does: Highlights inside bars Looks like: Light orange background on inside bars Note: These bars are ignored for break qualification Important: Inside bars are ignored for break qualification 🎨 Colors Signal Colors Buy Signal (Default: Green) - Color for good BUY signals Sell Signal (Default: Red) - Color for good SELL signals Disqualified (Default: Gray) - Color for bad signals Display Colors Trend Line (Default: Blue) - Color for trend lines and markers Inside Bar (Default: Light Orange) - Background for inside bars 💡 How To Use It In Larry Williams Methodology Step 1 - Weekly Setup: Identify market bias on weekly chart (clear bullish/bearish trend) Step 2 - Daily Confirmation: Find confirmation signals on daily timeframe Step 3 - Trend Break Entry: Use qualified trend breaks only in setup direction Important: Never enter based on trend breaks alone - always require setup + confirmation first ⚠️ Important Notice This indicator implements Larry Williams' trend break entry technique. It should NOT be used as standalone buy/sell signals. Only use trend breaks for entry timing after you have established a proper market setup and confirmation. Poor results will occur if using signals without the complete Larry Williams methodology. Credits: Based on Larry Williams' trading approach and qualification methodology. Swing detection logic adapted from "Larry Williams: Market Structure" by Smollet.
Chỉ báo Pine Script®
của TradeVizion
4
Filtered Fractals (2-Stage + Alerts)Filtered Fractals Overview This indicator is an advanced evolution of the classic Fractal logic (like the WICK.ED or Bill Williams models). Standard fractals are often "noisy," marking every minor local peak or trough, which can lead to false signals in volatile markets. This script solves the "noise" problem by introducing a Dual-Stage Filtering Process. Instead of displaying every fractal, it treats them as "candidates" and only confirms those that represent a dominant extremum relative to their neighboring fractals. How It Works The script operates in two distinct stages to ensure only the most significant structural pivot points are plotted: Stage 1: Detection The script identifies "Raw Fractals" based on your preferred sensitivity (Left/Right bars). By default, it uses a 5-bar lookback/lookforward, but these remain hidden from the chart initially. Stage 2: Sliding Window Competition The script monitors a rolling sequence of the last three identified fractals. It compares their prices to find the "True Extremum": For Highs , it compares the 3 most recent fractal peaks. For Lows , it compares the 3 most recent fractal troughs. The Point System: Every time a fractal is the "winner" (the highest high or lowest low) within its 3-fractal window, it receives a confirmation point. The Priority Rule: In cases where two fractals have the exact same price, the script gives priority to the earlier one (the "left" peak), reducing late entries. Visual Confirmation A fractal is only plotted on your chart once it achieves two confirmations . This means it has proven to be a significant price extreme compared to both its predecessor and its successor. Key Features Noise Reduction: Eliminates "crowded" fractals, leaving only the structural backbone of the trend. Non-Repainting Logic: The script only processes confirmed closed bars. The current developing candle will never trigger a false fractal or a premature alert. Smart Alerts: Built-in alert() functionality. You can set a single alert to notify you the exact moment a Bullish or Bearish fractal is confirmed. Customizable Sensitivity: Adjust the Left/Right Bars in the settings to fit your specific timeframe (e.g., higher values for macro trends, lower for scalping). How to use Support/Resistance: Use these filtered fractals to draw more reliable S/R zones. Stop Loss Placement: Ideal for trailing stops behind truly significant swing points. Trend Confirmation: A series of higher-high filtered fractals provides a much cleaner view of an uptrend than standard indicators.
Chỉ báo Pine Script®
của a1dmitry
3
FractalMod for TV with breakout alertsFractalsMod (MT4 → Pine) is a TradingView indicator converted from a custom MT4 (MQL4) fractal indicator. This script replicates the behavior of the original MT4 version as closely as possible, including: Confirmation-based fractals using left/right bar logic Persistent horizontal levels derived from confirmed fractals MT4-style “buffer-like” behavior using segmented horizontal lines Key Features MT4-compatible fractal logic Uses leftbars and rightbars to confirm fractal highs/lows, equivalent to MT4 custom fractal indicators. Segmented horizontal lines (MT4 buffer style) Each confirmed fractal starts a new horizontal line segment from the original pivot bar. When a new fractal is confirmed, the previous segment is stopped at the new pivot point, closely mimicking MT4 indicator buffers. Latest fractal tracking The most recently confirmed Up/Down fractal levels are tracked internally and used for breakout detection. Breakout alerts (not confirmation alerts) Alerts are triggered when the current price breaks above the latest Up fractal or below the latest Down fractal. Breakout detection can be configured to use: Close price only (confirmation-based), or High/Low including wicks. Clean visual control Single arrow per confirmed fractal (no duplicate markers) Optional display of fractal markers and horizontal lines Custom colors and line width for Up/Down fractals Typical Use Cases Fractal-based support / resistance visualization Breakout trading using the most recent confirmed fractal levels MT4 → TradingView workflow migration while preserving indicator behavior This script is designed for traders familiar with MT4 fractal indicators who want a faithful and practical TradingView equivalent without repainting on confirmed signals. FractalsMod (MT4 → Pine) は、 MT4（MQL4）で使用されていた カスタム Fractal インジケーターを TradingView（Pine Script）へ移植したものです。 元の MT4 インジケーターの挙動を可能な限り忠実に再現することを目的としており、以下の特徴を持ちます。 主な特徴 MT4互換のフラクタル判定ロジック leftbars / rightbars を用いたフラクタル確定方式で、 MT4 のカスタム Fractal インジケーターと同等の確定条件を再現しています。 MT4のバッファ挙動を再現した水平ライン フラクタルが確定すると、その ピボット位置から水平ラインを開始します。 新しいフラクタルが確定した場合、それまでのラインは新しいピボット位置で停止し、 区間ごとのライン構造で MT4 のバッファ表示に近い見た目を実現しています。 最新フラクタル価格の内部保持 直近で確定した Up / Down フラクタル価格を保持し、 ブレイク判定やアラートに利用します。 ブレイク専用アラート（確定時アラートなし） フラクタル確定時ではなく、 価格が最新の Up フラクタルを上抜けたとき 価格が最新の Down フラクタルを下抜けたとき にアラートを出す設計です。 ブレイク判定は 終値ベース（ダマシを減らす） ヒゲ込み（高値 / 安値） を設定で切り替えられます。 視認性と制御性を重視した設計 フラクタル矢印は 確定時に1本のみ表示（重複なし） Up / Down で色分けされたラインと矢印 ライン表示・矢印表示の ON / OFF 切り替え可能 想定される用途 フラクタルを用いた サポート / レジスタンスの可視化 直近フラクタルを基準とした ブレイクアウト戦略 MT4 から TradingView への移行時に、 ロジックと見た目をできるだけ変えずに使いたい場合 本スクリプトは、 MT4のフラクタル系インジケーターに慣れたトレーダーが、 TradingViewでも違和感なく使えることを重視して設計されています。
Chỉ báo Pine Script®
của tarotaro_n
HaP Williams %R Pro+This indicator combines the classic Williams %R (Percent Range) oscillator with multi-timeframe (MTF) analysis, allowing you to visualize the general market direction on a single chart. Thanks to its advanced dashboard feature, you can instantly monitor overbought/oversold conditions across all periods, ranging from the 1-minute chart to the 1-month chart. With the AVG F feature added to the table, short-term price movements and momentum changes (specifically for Scalping) can be detected much faster. 🚀 Key Features Multi-Timeframe (MTF) Support: Simultaneously calculates Williams %R values for 1m, 5m, 15m, 30m, 1h, 2h, 4h, Daily, Weekly, and Monthly periods. Smart Dashboard: The table located in the corner of the screen displays values and color codes for all timeframes. AVG S (Slow Average): This is the average of 5m, 15m, 30m, and 1h data. It indicates the general trend direction. AVG F (Fast Average) : This is the average of 1m, 5m, and 15m data. It is used for instant momentum and scalping entries. Signal Smoothing: Williams %R data is smoothed with a Simple Moving Average (SMA) to reduce market noise. Dynamic Coloring: Colors on the dashboard and chart automatically change according to the strength of the trend. 🎨 Color Codes and Meanings The dashboard and chart lines are colored according to the following logic: 🟢 Bright Green (Lime): If the value is above -20. This is the "Overbought" zone, but it indicates a strong Bullish trend. Momentum is very high. 🌿 Dark Green: If the value is between -20 and -50. The market is in the positive zone; the upward tendency continues. 🔴 Red: If the value is between -50 and -80. The market is in the negative zone; the downward tendency dominates. 🛑 Bright Red: If the value is below -80. This is the "Oversold" zone. Momentum is very low, and the Bearish trend is strong. 💡 How to Use? (Strategy Suggestions) General Trend Tracking: Look at the AVG S (Slow Average) column in the dashboard. If it is green, the general direction is up; if red, it is down. Scalp Trades: The AVG F (Fast Average) column is ideal for catching short-term reversals. Entry reliability increases when the AVG F color aligns with AVG S. Crossovers: Crossovers between the Fast Average (Red Line) and Slow Average (Black Line) on the chart can signal potential trend changes. Dashboard Harmony: If all boxes (or the vast majority) in the dashboard are the same color (e.g., all green), it indicates a very strong trend in that direction. You should avoid opening positions in the opposite direction. ⚙️ Settings Williams %R Period: Default is 14; you can change it according to your strategy. Dashboard Position: You can move the dashboard to the top-right, bottom-right, or bottom-left corner of the screen. Show Lines: If you want to prevent chart clutter, you can toggle off the lines and use only the dashboard. Disclaimer: This indicator is a support tool and does not contain definitive buy/sell signals. You should make your investment decisions based on your own analysis and risk management.
Chỉ báo Pine Script®
của agahakanaga
9
Williams Volatility Channel (Full Range Breakout)Overview This indicator implements a volatility breakout system inspired by legendary trader Larry Williams. It plots daily breakout levels calculated as the previous day’s close ± the full previous day’s range (high – low). These levels act as extreme volatility expansion thresholds: - Upper Level: Previous close + previous day’s range - Lower Level: Previous close – previous day’s range A price move beyond these levels signals a strong directional breakout driven by expanded volatility — a classic Larry Williams concept for identifying potential trend continuation or acceleration days. This version uses the full prior range (multiplier = 1.0), making it more aggressive than Williams’ original examples (which often used smaller fractions like 0.25–0.5 × range). It is particularly useful on instruments with clear daily sessions and visible overnight gaps or volatility spikes. Key Features Daily breakout levels plotted as horizontal lines that update at the start of each new trading day. Optional semi-transparent fill between upper and lower levels for better visual channel perception. Subtle background shading on the first bar of each new day and new week for easier time orientation. Configurable colors and visibility toggles. Generic session duration input (informational only) to help estimate candles per day on non-standard markets (e.g., European indices ≈ 8.5h, US stocks ≈ 6.5h, crypto ≈ 24h). How to Use the Indicator Breakout Signals Bullish Breakout: Price closes or sustains above the Upper Level → potential strong upward momentum. Consider long entries or adding to existing longs. Bearish Breakout: Price closes or sustains below the Lower Level → potential strong downward momentum. Consider short entries or adding to existing shorts. These breakouts often occur on news events, earnings, or when the market “wakes up” after low-volatility periods. Trend Confirmation Use the direction of the breakout to confirm the prevailing trend: In an uptrend, focus primarily on upside breakouts. In a downtrend, focus primarily on downside breakouts. Breakouts against the trend can signal potential reversals (use with caution and additional confirmation). Support & Resistance Once price has broken a level, that level often flips role: A broken Upper Level can act as support on pullbacks. A broken Lower Level can act as resistance on bounces. Risk Management Place stops beyond the opposite level or use ATR-based stops. Consider partial profit-taking at 1× or 2× the prior day’s range from entry. Best Markets & Timeframes Works well on: Stock indices (DAX, FTSE MIB, CAC, S&P 500 futures, etc.) Individual stocks Commodities and futures with defined daily sessions Cryptocurrencies (adjust session hours to 24 for continuous markets) Recommended intraday timeframes: 5–60 minutes. On higher timeframes (4H, daily), the levels still appear but are less frequently tested intraday. Important Notes This is a trend-following / momentum tool, not a mean-reversion or gap-fading strategy (unlike Larry Williams’ famous “OOPS” pattern). False breakouts can occur in low-volatility or ranging markets — always use additional confluence (volume, trend filters, higher-timeframe context). The session duration input is informational and allows definition of how many candles per day should be used in the calculation. This indicator provides a clean, visually intuitive way to spot high-volatility breakout opportunities based on one of Larry Williams’ timeless volatility concepts. Add it to your charts and combine it with your existing trading system for enhanced entry timing on strong momentum days.
Chỉ báo Pine Script®
của fpsantoro
Williams %RDescription This is a modified version of the classic Williams %R oscillator, adapted for markets with defined trading sessions (e.g., FTSEMIB, DAX, US stocks, etc.). It adjusts the lookback period based on the actual trading session length, making it more accurate on intraday timeframes. Key Features Session Adjustment: Automatically scales the period to trading days (default: 8.5 hours for FTSEMIB, DAX, CAC; customizable for any market). Formula (classic Williams %R): %R = 100 × (Close - Highest High) / (Highest High - Lowest Low) over a user-defined period (default 14 days). Standard Levels: -20 (overbought) -50 (middle line) -80 (oversold) Visual Enhancements: - Customizable colors for the line, levels, and background fill - Shaded overbought/oversold zone How to Use: Overbought (above -20): Potential sell signal or reversal (especially after a prolonged uptrend). Oversold (below -80): Potential buy signal or reversal (especially after a downtrend). Divergences: Look for bullish/bearish divergences between price and %R for early reversal warnings. Best Markets: Indices (FTSEMIB, DAX, SPX), stocks, futures. For 24/7 markets (crypto), set session duration to 24 hours. Timeframes: Works on intraday (15m, 1h, etc.) and daily charts. Customization Tips: - Adjust the period (shorter = more sensitive, longer = smoother). - Change session duration for different markets. - Customize colors to match your chart theme. Note: Williams %R is a momentum oscillator and should be used in combination with other tools (trendlines, support/resistance, volume). Always practice proper risk management.
Chỉ báo Pine Script®
của fpsantoro
Squeeze Go Momentum Pro [KingThies] █ OVERVIEW The Squeeze Momentum Pro indicator identifies volatility compression phases and breakout opportunities by comparing Bollinger Bands to Keltner Channels. When price consolidates (squeeze), the bands contract inside the channels, signaling an imminent breakout. The momentum histogram shows directional bias, helping traders anticipate which way price will move when the squeeze releases. This indicator displays in a separate panel below the price chart, providing clear visual signals without cluttering price action. █ KEY FEATURES Momentum Histogram The histogram is the primary visual element, displaying momentum strength and direction with four distinct color states: • Dark Green (#00C853) — Strong bullish momentum that is increasing. This signals strengthening upward pressure and potential continuation. • Light Green (#26A69A) — Bullish momentum that is decreasing. Price remains in bullish territory but upward force is weakening. • Dark Red (#D32F2F) — Strong bearish momentum that is increasing. This signals strengthening downward pressure and potential continuation. • Light Red (#EF5350) — Bearish momentum that is decreasing. Price remains in bearish territory but downward force is weakening. The color intensity provides immediate feedback on momentum strength and trend health. Squeeze State Indicator Colored dots on the zero line communicate the current volatility state: • Orange Dots — Squeeze is ON. Bollinger Bands have contracted inside Keltner Channels, indicating consolidation and low volatility. A breakout is building and traders should prepare for directional movement. • Green Dots — Squeeze is OFF. Bollinger Bands have expanded outside Keltner Channels, indicating active momentum and higher volatility. Price is moving with conviction in the current direction. • Gray Dots — Neutral state. The bands are transitioning between squeeze states. Release Triangles Triangle shapes mark the exact bar when a squeeze releases, providing precise entry timing: • Green Triangle Up — Bullish squeeze release. The squeeze has ended with positive momentum, suggesting a long setup opportunity. • Red Triangle Down — Bearish squeeze release. The squeeze has ended with negative momentum, suggesting a short setup opportunity. Information Panel A compact dashboard in the top-right corner displays real-time trading intelligence: • Squeeze Status — Current state: ON, OFF, or NEUTRAL with color coding • Momentum Direction — Current bias: BULL or BEAR • Momentum Value — Precise numerical reading of momentum strength • Trading Signal — Actionable status: LONG SETUP, SHORT SETUP, WAIT, or MONITOR Configurable Parameters All calculation inputs are adjustable to match your trading style and timeframe: • BB Length — Bollinger Bands period (default: 20) • BB StdDev — Bollinger Bands standard deviation multiplier (default: 2.0) • KC Length — Keltner Channels period (default: 20) • KC ATR Multiplier — Keltner Channels range multiplier (default: 1.5) • Momentum Length — Linear regression period for momentum calculation (default: 20) Alert System Four alert conditions notify you of critical trading opportunities: • Bullish Squeeze Release — Squeeze has released with bullish momentum, indicating a potential long entry • Bearish Squeeze Release — Squeeze has released with bearish momentum, indicating a potential short entry • Squeeze Started — Volatility compression detected, prepare for upcoming breakout • Squeeze Ended — Volatility expansion confirmed, breakout is active █ TRADING METHODOLOGY The indicator follows a clear four-step process for identifying and trading squeeze breakouts: 1 - Wait for Orange Dots . When orange dots appear on the zero line, a squeeze is building. This indicates price consolidation and declining volatility. Do not enter trades during this phase. Instead, prepare by identifying key support and resistance levels and potential breakout directions. 2 - Watch for Release Triangle . When a triangle appears, the squeeze has released and a breakout is beginning. This is your entry signal. The triangle color (green up or red down) combined with the histogram direction indicates the breakout direction. 3 - Confirm with Histogram Direction . Check the momentum histogram for directional confirmation: • Green histogram + green triangle up = Go long. Bullish momentum supports upward breakout. • Red histogram + red triangle down = Go short. Bearish momentum supports downward breakout. 4 - Monitor Momentum Intensity . Stay in the trade while histogram bars maintain their dark, intense color. When colors lighten (dark green to light green, or dark red to light red), momentum is weakening and you should consider taking profits or tightening stops. █ INTERPRETATION GUIDE Squeeze Detection Logic A squeeze occurs when Bollinger Bands contract inside Keltner Channels. This happens when: • Standard deviation of price decreases (BB narrows) • Price consolidates within a tight range • Volatility compresses to unsustainable levels The orange dots signal this condition, warning traders that explosive movement is imminent. Squeeze Release Logic A squeeze releases when Bollinger Bands expand outside Keltner Channels. This happens when: • Price volatility increases sharply • Price breaks out of consolidation • Volume typically expands (check volume separately) The green dots and release triangles signal this condition, indicating the direction and timing of the breakout. Momentum Reading The histogram uses linear regression to calculate momentum relative to the midpoint of the recent range: • Above Zero : Price is trading above the range midpoint with bullish pressure • Below Zero : Price is trading below the range midpoint with bearish pressure • Increasing Bars : Momentum is strengthening in the current direction (darker color) • Decreasing Bars : Momentum is weakening in the current direction (lighter color) █ BEST PRACTICES • Timeframe Selection — The indicator works on all timeframes but performs best on 15-minute to daily charts. Lower timeframes may produce more false signals due to noise. • Confluence Trading — Combine squeeze releases with support/resistance levels, trend lines, or other indicators for higher probability setups. • Volume Confirmation — Check that squeeze releases occur with increasing volume. Low volume breakouts are more likely to fail. • Multiple Timeframe Analysis — Check higher timeframes for overall trend direction. Trade squeeze releases that align with the larger trend. • Parameter Adjustment — Increase BB and KC lengths for smoother signals on higher timeframes. Decrease for more sensitive signals on lower timeframes. █ LIMITATIONS • The indicator does not predict breakout direction before the squeeze releases. The momentum histogram provides bias but is not definitive until the breakout occurs. • False breakouts can occur, particularly in choppy or low-volume market conditions. Always use proper risk management and stop losses. • The indicator works best in trending markets. In deeply ranging markets with no clear direction, squeeze signals may be less reliable. • Momentum calculations use linear regression which can lag during extremely fast price movements. Confirm signals with price action. █ NOTES This implementation uses linear regression for momentum calculation rather than simple moving averages, providing more responsive and accurate directional signals. The four-color histogram system gives traders nuanced feedback on momentum strength that binary color schemes cannot provide. The indicator automatically adjusts to any symbol and timeframe without modification, making it suitable for stocks, forex, crypto, and futures markets. █ CREDITS Squeeze methodology inspired by John Carter's TTM Squeeze indicator. Momentum calculation and visual design optimized for modern trading workflows.
Chỉ báo Pine Script®
của kingthies
1
Tristan's Devil Mark (Short / Long, with W%R)The Devil’s Mark indicator is a visual tool designed to help traders identify potential short and long opportunities based on candle structure and market momentum. It combines price action analysis with the Williams %R (W%R) oscillator to highlight candles with high potential for reversal or continuation. Can be used on any timeline, from scalping day trades to swing trades on daily and higher timelines. Know that the higher the timeline the less likely the indicator will show. (Asia and London sessions tend to show many indicators. I find this more useful for NY session.) How the script works Candle Structure Conditions Short (Sell) Wedge: Plotted above green candles that have no bottom wick, indicating that inside that candle there was strong upward momentum without downside hesitation . Long (Buy) Wedge: Plotted below red candles that have no top wick, indicating that inside that candle there was strong downward momentum without upside hesitation . These candles are visually emphasized as wedges to mark potential turning points. Williams %R Filter The indicator uses Williams %R to measure overbought and oversold conditions: Proximity to 0 (nearZeroThresh): Determines how close W%R must be to 0 (overbought) to trigger a Sell Wedge. This acts as a “Sell sensitivity” filter. Proximity to -100 (nearHundredThresh): Determines how close W%R must be to -100 (oversold) to trigger a Buy Wedge. This acts as a “Buy sensitivity” filter. When the candle meets both the candle structure and the W%R condition, the wedge is plotted in purple (“Within W%R Range”). When the "ignore W%R filter" toggle is on, all eligible candles are plotted regardless of W%R. Wedges that normally would not meet W%R criteria are plotted in light purple (“Outside W%R Range”) to distinguish them. #YOLO (🚫 I recommend leaving "Ignore W%R Filter" OFF) Settings Explained Williams %R Length: The number of bars used to calculate the W%R oscillator. Shorter lengths make it more sensitive; longer lengths smooth the readings. Proximity to 0 / 100: Controls how “strict” the indicator is in requiring overbought or oversold W%R conditions to trigger. Lower values mean closer to extreme zones, higher values are more permissive. Ignore W%R Toggle: Option to show Devil’s Marks on every eligible candle regardless of W%R. Useful for visualizing purely price-action-based signals. What the trader sees Purple wedges: Candles meeting both candle structure and W%R conditions. Light purple wedges: Candles meeting candle structure but ignored W%R (when toggle is on). #YOLO (🚫 I recommend leaving "Ignore W%R Filter" OFF) Short opportunities are wedges above bars (green candles with no bottom wick). Long opportunities are wedges below bars (red candles with no top wick). Trading Insight The Devil’s Mark is a momentum and reversal alert tool: Look for purple downward-pointing wedges when W%R is near overbought. This is a potential shorting opportunity. Buying at the close of that candle may improve your short trades. Look for purple upward-pointing wedges when W%R is near oversold. This is a potential long opportunity. Buying at the close of that candle may improve your long trades. Light purple wedges show the same price-action cues without W%R confirmation—useful for aggressive traders who want every potential setup. #YOLO #YMMV #noFullPort Settings / Security The “Output values” checkbox appears for each plotted series (like a plot or plotshape) and controls whether the series will also be exposed numerically in the Data Window or used by other indicators/scripts. Here’s what it means in practice: 1. Checked (true) The series values (like candle high, low, or any computed value) are exported to the Data Window and can be read by other scripts using request.security() or ta functions. Example: You can see the exact numerical value of each plotted point in the Data Window when you hover over the chart. Useful if you want to backtest or reference these plotted values programmatically. 2. Unchecked (false) The series is plotted visually only. The numeric values are hidden from the Data Window and cannot be accessed by other scripts. Makes the chart cleaner if you don’t need the numeric outputs.
Chỉ báo Pine Script®
của OhRayOhRay
1
Larry Williams Oops StrategyThis strategy is a modern take on Larry Williams’ classic Oops setup. It trades intraday while referencing daily bars to detect opening gaps and align entries with the prior day’s direction. Risk is managed with day-based stops, and—unlike the original—all positions are closed at the end of the session (or at the last bar’s close), not at a fixed profit target or the first profitable open. Entry Rules Long setup (bullish reversion): Today opens below yesterday’s low (down gap) and yesterday’s candle was bearish. Place a buy stop at yesterday’s low + Filter (ticks). Short setup (bearish reversion): Today opens above yesterday’s high (up gap) and yesterday’s candle was bullish. Place a sell stop at yesterday’s high − Filter (ticks). Longs are only taken on down-gap days; shorts only on up-gap days. Protective Stop If long, stop loss trails the current day’s low. If short, stop loss trails the current day’s high. Exit Logic Positions are force-closed at the end of the session (in the last bar), ensuring no overnight exposure. There is no take-profit; only stop loss or end-of-day flat. Notes This strategy is designed for intraday charts (minutes/seconds) using daily data for gaps and prior-day direction. Longs/shorts can be enabled or disabled independently.
Chiến lược Pine Script®
của xtradernet
1