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Hippo Battlefield - Bulls VS Bears 20 bars## Hippo Battlefield – Bulls VS Bears (20 Bars) **What it is** A multi-dimensional momentum-and-sentiment oscillator that combines classic Bull/Bear Power with ATR- or peak-normalization, then layers on RSI and MACD-derived metrics into: 1. **A colored bar series** showing net Bull+Bear Power strength over the last 20 bars, 2. **A dynamic table** of each of those 20 BBP values (grouped into four 5-bar “quartals”), with symbols, per-bar change, and rolling averages, and 3. **A composite “Weighted BBP” histogram** blending normalized RSI, MACD, and BBP into a single view. --- ### Key Inputs - **Length (EMA)** – look-back for the underlying EMA (default 60) - **Normalization Length** – look-back window for peak-normalization (default 60) - **Use ATR for Norm.** – toggle ATR-based normalization vs. highest-abs(BBP) - **Show Tables** – toggle the bottom-right 21×11 grid of raw and average BBP values --- ### What You See #### 1. Colored Bars (Overlay = false) - Bars are colored by normalized BBP intensity: - Extreme Bull (≥+10): deep blue - Strong Bull (+5 to +10): green/yellow - Weak Bull (+0 to +5): dark green - Weak Bear (–0 to –5): dark red - Strong Bear (–5 to –10): pink/red - Extreme Bear (<–10): magenta #### 2. Bottom-Right Table (20 Bars of Data) - Divided into four columns (0–4, 5–9, 10–14, 15–19 bars ago) and one “average” row. - Each cell shows: 1. Bar index (1–20), 2. Normalized BBP value (to four decimals), 3. Direction symbol (↑/↓/=), 4. Bar-to-bar change (± value), 5. A separator “|”. - At the very bottom, each column’s 5-bar average is displayed as “Avg: X.XXXX” with a dot marker. #### 3. Top-Center Mini-Table - When ≥20 bars have elapsed, shows the date at 20 bars ago and the average BBP across the full 20-bar window. #### 4. Normalized RSI Line - Rescales the classic 14-period RSI into a –20…+20 band to align with BBP. #### 5. MACD Lines (Hidden) & Composite Histogram - MACD and signal lines are calculated but not plotted by default. - A “Weighted BBP” histogram combines: - 20% normalized RSI, - 20% average of (MACD + signal + normalized BBP), - 60% normalized BBP - Plotted as columns, color-coded by strength using the same palette as the main bars. #### 6. Middle Reference Line - A horizontal zero line to anchor over/under-zero readings. --- ### How to Use It - **Trend confirmation**: Strong blue/green bars alongside a rising histogram suggest bull conviction; strong reds/magentas signal bear dominance. - **Divergence spotting**: Watch for price making new highs/lows while BBP or the histogram fails to follow. - **Quartal analysis**: The 5-bar group averages can reveal whether recent momentum is accelerating or waning. - **Cross-indicator weighting**: Because RSI, MACD, and raw BBP all feed into the final histogram, you get a smoothed, blended view of momentum shifts. --- **Tip:** Tweak the EMA and normalization length to suit your preferred timeframe (e.g. shorter for intraday scalps, longer for swing trades). Enable/disable the table if you prefer a cleaner pane.
Pine Script® indicator
by The_Real_Hippopotamus
COT3 - Flip Strength Index - Invincible3This indicator uses the TradingView COT library to visualize institutional positioning and potential sentiment or trend shifts. It compares the long% vs short% of commercial and non-commercial traders for both Pair A and Pair B, helping traders identify trend strength, market overextension, and early reversal signals. 🔷 COT RSI The COT RSI normalizes the net positioning difference between non-commercial and commercial traders over (N=13, 26, and 52)-week periods. It ranges from 0 to 100, highlighting when sentiment is at bullish or bearish extremes. COT RSI (N)= ((NC - C)−min)/(max-min) x100 🟡 COT Index The COT Index tracks where the current non-commercial net position lies within its 1-year and 3-year historical range. It reflects institutional accumulation or distribution phases. Strength represents the magnitude of that positioning bias, visualized through normalized RSI-style metrics. COT Index (N)= (NC net)/(max-min) x100 🔁 Flip Detection Flip refers to the crossovers between long% and short%, indicating a change in directional bias among trader groups. When long positions exceed shorts (or vice versa), it signals a possible market flip in sentiment or trend. For example, Pair B commercial flip is calculated as: Long% = (Long/Open Interest)×100 Short% = (Short/Open Interest)×100 Flip = Long%−Short% A bullish flip occurs when long% overtakes short%, and vice versa for a bearish flip. These flips often precede price trend changes or confirm sentiment breakouts. Flip captures how far current positioning deviates from historical norms — highlighting periods of institutional overconfidence or exhaustion, often leading to significant market turns. This combination offers a multi-layered edge for identifying when smart money is flipping direction, and whether that flip has strong conviction or is likely to fade. ..........................................................................................................................................................
Pine Script® indicator
by invincible3
RTB - Momentum Breakout Strategy V3 📈 RTB - Momentum Breakout Strategy V3 is a directional breakout strategy based on momentum. It combines exponential moving averages (EMAs), RSI, and recent support/resistance levels to detect breakout entries with trend confirmation. The system includes dynamic risk management using ATR-based stop-loss and trailing stop levels. Webhook alerts are supported for external automated trading integrations. 🔎 The strategy was backtested using default parameters on BTCUSDT Futures (Bybit) with 4-hour timeframe and a 0.05% commission per trade. ⚠️ This script is for educational purposes only and does not constitute financial advice. Always do your own research before trading.
Pine Script® strategy
by Ramtraderbook
KDJ IndicatorThe KDJ indicator is a technical analysis tool used to identify overbought and oversold conditions in the market, as well as potential trend reversals. It consists of three lines: the K line, D line, and J line. The K line is derived from the Exponential Moving Average (EMA) of the Relative Strength Value (RSV), which measures the closing price relative to the high and low over a user-defined period. The D line is the EMA of the K line, smoothing its movements. The J line, calculated as K + (K - D) × 2, amplifies the difference between K and D, making it more sensitive to price changes. Traders often use the KDJ indicator to spot divergences, crossovers, and extreme values (e.g., above 80 for overbought, below 20 for oversold) to make informed trading decisions. All parameters, including the RSV, K, and D periods, are customizable to suit different trading strategies.
Pine Script® indicator
by TsixJnineY
3-Day Breakout Strategy with Trend Change Exit//@version=5 strategy("3-Day Breakout Strategy with Trend Change Exit", overlay=true, default_qty_type=strategy.percent_of_equity, default_qty_value=100) // === Calculate 3-day high/low (excluding current bar) === high3 = ta.highest(high , 3) low3 = ta.lowest(low , 3) // === Entry conditions === longEntry = close > high3 shortEntry = close < low3 // === Track position state === isLong = strategy.position_size > 0 isShort = strategy.position_size < 0 wasLong = nz(strategy.position_size > 0) wasShort = nz(strategy.position_size < 0) // === Exit conditions === // Exit on trend reversal (new signal) longExit = shortEntry // Exit long position when a short signal occurs shortExit = longEntry // Exit short position when a long signal occurs // === Execute entries === buySignal = longEntry and not isLong and not isShort sellSignal = shortEntry and not isLong and not isShort if (buySignal) strategy.entry("Long", strategy.long) if (sellSignal) strategy.entry("Short", strategy.short) // === Execute exits on opposite signal (trend change) === if (isLong and longExit) strategy.close("Long") if (isShort and shortExit) strategy.close("Short") // === Exit markers (on actual exit bar only) === exitLongSignal = wasLong and not isLong exitShortSignal = wasShort and not isShort // === Plot entry signals only on the entry bar === plotshape(buySignal, title="Buy Signal", location=location.belowbar, color=color.green, style=shape.labelup, text="BUY") plotshape(sellSignal, title="Sell Signal", location=location.abovebar, color=color.red, style=shape.labeldown, text="SELL") // === Plot exit signals only on the exit bar === plotshape(exitLongSignal, title="Exit Long", location=location.abovebar, color=color.orange, style=shape.labeldown, text="EXIT") plotshape(exitShortSignal, title="Exit Short", location=location.belowbar, color=color.orange, style=shape.labelup, text="EXIT")
Pine Script® strategy
by devang9885
Color Changing MAs📌 Indicator: Color Changing Moving Averages This script plots up to four customizable moving averages, each with dynamic color changes based on price positioning and optional RSI filtering. 🧩 Key Features: ✅ 4 independent moving averages (SMA or EMA) ✅ Custom inputs for: Length Source (e.g. close, OHLC4, etc.) Offset Bullish/Bearish color ✅ Toggle visibility for each MA ✅ Global RSI filter to enhance trend signals: User-defined RSI length Adjustable Bullish/Bearish thresholds Universal neutral color for flat/unclear momentum ✅ Global timeframe control — all MAs and RSI are calculated on a single timeframe of your choice (e.g. D, W, M) 🎯 Color Logic: Bullish color = MA is below both open and close, and RSI is above threshold Bearish color = MA is above both open and close, and RSI is below threshold Neutral gray = MA is trending but RSI contradicts the move (filtered out) 🛠️ Use Cases: Spot trend changes with visual clarity Identify pullbacks within strong RSI-confirmed trends Apply higher-timeframe signals while on lower-timeframe charts ⚠️ Notes: This version uses request.security() to support global timeframe selection — higher timeframes on lower TF charts will display step-like behavior (as per TradingView architecture). No smoothing/interpolation is applied to preserve raw signal accuracy.
Pine Script® indicator
by dr_anjo_phd
Schaff Trend Cycle (STC) - t0rdn3Schaff Trend Cycle (STC) By t0rdn3 (original STC by , now with more descriptive naming) Description The Schaff Trend Cycle (STC) is a momentum-based oscillator that combines the speed of a fast EMA crossover with cyclical normalization. Developed by Doug Schaff, it identifies market turning points more responsively than MACD or RSI. How It Works 1. EMA Difference : Calculates the difference between two EMAs of the source series (default: close). 2. Cycle Percentage : Normalizes that difference to a 0–100 range over the cycle period. 3. Smoothing : Applies exponential smoothing twice—first to the cycle percentage, then to its normalized cycles—to reduce noise. 4. Final STC Line : Produces a smoothed oscillator oscillating between 0 and 100. Alerts - "STC turned down above 75" : Fires once when STC makes a local peak above the upper threshold ( 75 ). - "STC turned up below 25" : Fires once when STC makes a local trough below the lower threshold ( 25 ). Inputs Cycle Period : 12 — Lookback in bars for normalization Fast EMA Length : 26 — Period of the fast EMA Slow EMA Length : 50 — Period of the slow EMA Smoothing Factor : 0.5 — Exponential smoothing coefficient (0–1) Usage Readings above 75 indicate an overbought cycle; readings below 25 indicate an oversold cycle. Crossings of the 50 midline can confirm trend direction: - STC rising through 50 → bullish shift - STC falling through 50 → bearish shift Combine STC with price action or other trend filters to improve signal quality. You can adjust the cycle period and EMA lengths to match different timeframes or instruments.
Pine Script® indicator
by t0rdn3
Gold/Silver RatioOverview This indicator displays the Gold/Silver Ratio by dividing the price of gold (XAUUSD) by the price of silver (XAGUSD) on the same timeframe. It is a widely used tool in macroeconomic and precious metals analysis, helping traders and investors evaluate the relative value of gold compared to silver. 📈 What it does Plots the ratio between gold and silver prices as a line on the chart. Displays two key horizontal levels: Overbought level at 90 (dashed red line). Oversold level at 70 (dashed green line). Highlights the chart background to show extreme conditions: Red shading when the ratio exceeds 90 (gold is likely overvalued relative to silver). Green shading when the ratio drops below 70 (silver is likely overvalued relative to gold). 🧠 How to Use When the ratio exceeds 90, it suggests that gold may be overbought or silver may be undervalued. Historically, these have been good times to consider shifting exposure from gold to silver. When the ratio falls below 70, it may indicate silver is overbought or gold is undervalued. This tool is best used in conjunction with technical analysis, macroeconomic trends, or RSI/Bollinger Bands applied to the ratio. ⚙️ Inputs This version of the script uses OANDA's XAUUSD and XAGUSD pairs for spot gold and silver prices. You may edit the request.security() calls to change data sources (e.g., FXCM, FOREXCOM, or CFD tickers from your broker). ✅ Best For: Macro traders Commodity investors Ratio and spread traders Long-term portfolio reallocators
Pine Script® indicator
by Slavtrad
Rate of Change HistogramExplanation of Modifications Converting ROC to Histogram: Original ROC: The ROC is calculated as roc = 100 * (source - source ) / source , plotted as a line oscillating around zero. Modification: Instead of plotting roc as a line, it’s now plotted as a histogram using style=plot.style_columns. This makes the ROC values visually resemble the MACD histogram, with bars extending above or below the zero line based on momentum. Applying MACD’s Four-Color Scheme: Logic: The histogram’s color is determined by: Above Zero (roc >= 0): Bright green (#26A69A) if ROC is rising (roc > roc ), light green (#B2DFDB) if falling (roc < roc ). Below Zero (roc < 0): Bright red (#FF5252) if ROC is falling (roc < roc ), light red (#FFCDD2) if rising (roc > roc ). Implementation: Used the exact color logic and hex codes from the MACD code, applied to the ROC histogram. This highlights momentum ebbs (falling ROC, fading waves) and flows (rising ROC, strengthening waves). Removing Signal Line: Unlike the previous attempt, no signal line is added. The histogram is purely the ROC value, ensuring it directly reflects price change momentum without additional smoothing, making it faster and more responsive to pulse waves, as you indicated ROC performs better than other oscillators. Alert Conditions: Added alerts to match the MACD’s logic, triggering when the ROC histogram crosses the zero line: Rising to Falling: When roc >= 0 and roc < 0, signaling a potential wave peak (e.g., end of Wave 3 or C). Falling to Rising: When roc <= 0 and roc > 0, indicating a potential wave bottom (e.g., start of Wave 1 or rebound). These alerts help identify transitions in 3-4 wave pulse patterns. Plotting: Histogram: Plotted as columns (plot.style_columns) with the four-color scheme, directly representing ROC momentum. Zero Line: Kept the gray zero line (#787B86) for reference, consistent with the MACD. Removed ROC Line/Signal Line: Since you want the ROC to act as the histogram itself, no additional lines are plotted. Inputs: Retained the original length (default 9) and source (default close) inputs for consistency. Removed signal-related inputs (e.g., signal_length, sma_signal) as they’re not needed for a pure ROC histogram. How This ROC Histogram Works for Wave Pulses Wave Alignment: Above Zero (Bullish Momentum): Positive ROC bars indicate flows (e.g., impulse Waves 1, 3, or rebounds in Wave B/C). Bright green bars show accelerating momentum (strong pulses), while light green bars suggest fading momentum (potential wave tops). Below Zero (Bearish Momentum): Negative ROC bars indicate ebbs (e.g., corrective Waves 2, 4, A, or C). Bright red bars show increasing bearish momentum (strong pullbacks), while light red bars suggest slowing declines (potential wave bottoms). 3-4 Wave Pulses: In a 3-wave A-B-C correction: Wave A (down) shows bright red bars (falling ROC), Wave B (up) shows bright/light green bars (rising ROC), and Wave C (down) shifts back to red bars. In a 4-wave consolidation: Alternating green/red bars highlight the rhythmic ebbs and flows as momentum oscillates. Timing: Zero-line crossovers mark wave transitions (e.g., from Wave 2 to Wave 3). Color changes (e.g., bright to light green) signal momentum shifts within waves, helping identify pulse peaks/troughs. Advantages Over MACD: The ROC histogram is more responsive than the MACD histogram because ROC directly measures price change percentage, while MACD relies on moving average differences, which introduce lag. This makes the ROC histogram better for capturing rapid 3-4 wave pulses, as you noted. Example Usage For a stock with 3-4 wave pulses on a 5-minute chart: Wave 1 (Flow): ROC rises above zero, histogram turns bright green (rising momentum), indicating a strong bullish pulse. Wave 2 (Ebb): ROC falls below zero, histogram shifts to bright red (falling momentum), signaling a corrective pullback. Wave 3 (Flow): ROC crosses back above zero, histogram becomes bright green again, confirming a powerful pulse. Wave 4 (Ebb): ROC dips slightly, histogram turns light green (falling momentum above zero) or light red (rising momentum below zero), indicating consolidation. Alerts trigger on zero-line crosses (e.g., from Wave 2 to Wave 3), helping time trades. Settings Recommendations Default (length=9): Works well for most time frames, balancing sensitivity and smoothness. Intraday Pulses: Use length=5 or length=7 for faster signals on 5-minute or 15-minute charts. Daily Charts: Try length=12 or length=14 for broader wave cycles. Testing: Apply to a stock with clear wave patterns (e.g., tech stocks like AAPL or TSLA) and adjust length to match the pulse frequency you observe. Notes Confirmation: Pair the ROC histogram with price action (e.g., Fibonacci retracements, support/resistance) to validate wave counts, as momentum oscillators can be noisy in choppy markets. Divergences: Watch for divergences (e.g., price makes a higher high, but ROC histogram bars are lower) to spot wave reversals, especially at Wave 3 or C ends. Comparison to MACD: The ROC histogram is faster and more direct, making it ideal for short-term pulse waves, but it may be more volatile, so use with technical levels for precision.
Pine Script® indicator
by Coulisnosaj
Trend Following Bundle [ActiveQuants]The Trend Following Bundle indicator is a comprehensive toolkit designed to equip traders with a suite of essential technical analysis tools focused on identifying , confirming , and capitalizing on market trends . By bundling popular indicators like Moving Averages , MACD , Supertrend , ADX , ATR , OBV , and the Choppiness Index into a single script, it streamlines chart analysis and enhances strategy development. This bundle operates on the principle that combining signals from multiple, complementary indicators provides a more robust view of market trends than relying on a single tool. It integrates: Trend Direction: Moving Averages, Supertrend. Momentum: MACD. Trend Strength: ADX. Volume Pressure: On Balance Volume (OBV). Volatility: Average True Range (ATR). Market Condition Filter: Choppiness Index (Trend vs. Range). By allowing users to selectively enable, customize, and view these indicators (potentially across different timeframes), the bundle facilitates nuanced and layered trend analysis. █ KEY FEATURES All-in-One Convenience: Access multiple core trend-following indicators within a single TradingView script slot. Modular Design: Easily toggle each individual indicator (MAs, MACD, Supertrend, etc.) On or Off via the settings menu to customize your chart view. Extensive Customization: Fine-tune parameters (lengths, sources, MA types, colors, etc.) for every included indicator to match your trading style and the specific asset. Multi-Timeframe (MTF) Capability: Configure each indicator component to analyze data from a different timeframe than the chart's, allowing for higher-level trend context. Integrated Alerts: Pre-built alert conditions for key events like Moving Average crossovers , MACD signals , Supertrend flips , and Choppiness Index threshold crosses . Easily set up alerts through TradingView's alert system. When configuring your alerts in TradingView, pay close attention to the trigger option: Setting it to " Only Once " will trigger the alert the first time the condition is met, which might happen during an unclosed bar (intra-bar). This alert instance will then cease. Setting it to " Once Per Bar Close " will trigger the alert only after a bar closes if the condition was met on that finalized bar. This ensures signals are based on confirmed data and allows the alert to potentially trigger again on subsequent closing bars if the condition persists or reoccurs. Use this option for signals based on confirmed, closed-bar data. MA Smoothing & Bands (Optional): Apply secondary smoothing or Bollinger Bands directly to the Fast and Slow Moving Averages for advanced analysis. █ USER INPUTS Fast MA: On/Off: Enables/Disables the Fast Moving Average plot and related smoothing/bands. Type: Selects the primary calculation type (SMA, EMA, SMMA (RMA), WMA, VWMA). Default: EMA. Source: Input data for the MA calculation (e.g., close, open, hl2). Default: close. Length: Lookback period for the primary MA calculation. Default: 9. Color: Sets the color of the primary Fast MA line. Default: Yellow. Line Width: Sets the thickness of the primary Fast MA line. Default: 2. Smoothing Type: Selects secondary smoothing type applied to the primary MA (e.g., None, SMA, EMA) or adds Bollinger Bands (SMA + Bollinger Bands). Default: None. Smoothing Length: Lookback period for the secondary smoothing MA or the basis MA for Bollinger Bands. Relevant only if Smoothing Type is not " None ". Default: 10. BB StdDev: Standard deviation multiplier for Bollinger Bands. Relevant only if Smoothing Type is " SMA + Bollinger Bands ". Default: 2.0. Timeframe: Sets a specific timeframe for the MA calculation. Default: Chart. Wait TF Close: If a timeframe is set, waits for that timeframe's bar to close before plotting, preventing repainting. Default: true. Slow MA: On/Off: Enables/Disables the Slow Moving Average plot and related smoothing/bands. Type: Selects the primary calculation type (SMA, EMA, SMMA (RMA), WMA, VWMA). Default: EMA. Source: Input data for the MA calculation (e.g., close, open, hl2). Default: close. Length: Lookback period for the primary MA calculation. Default: 9. Color: Sets the color of the primary Slow MA line. Default: Yellow. Line Width: Sets the thickness of the primary Slow MA line. Default: 2. Smoothing Type: Selects secondary smoothing type applied to the primary MA (e.g., None, SMA, EMA) or adds Bollinger Bands (SMA + Bollinger Bands). Default: None. Smoothing Length: Lookback period for the secondary smoothing MA or the basis MA for Bollinger Bands. Relevant only if Smoothing Type is not " None ". Default: 10. BB StdDev: Standard deviation multiplier for Bollinger Bands. Relevant only if Smoothing Type is " SMA + Bollinger Bands ". Default: 2.0. Timeframe: Sets a specific timeframe for the MA calculation. Default: Chart. Wait TF Close: If a timeframe is set, waits for that timeframe's bar to close before plotting, preventing repainting. Default: true. MACD: On/Off: Enables/Disables the MACD plots (MACD line, Signal line, Histogram). Fast Length: Lookback period for the fast MA in MACD calculation. Default: 12. Slow Length: Lookback period for the slow MA in MACD calculation. Default: 26. Source: Input data for the MACD MAs. Default: close. Signal Smoothing: Lookback period for the Signal Line MA. Default: 9. Oscillator MA Type: Calculation type for Fast and Slow MAs (SMA, EMA). Default: EMA. Signal Line MA Type: Calculation type for Signal Line MA (SMA, EMA). Default: EMA. MACD Color: Color of the MACD line. Default: #2962FF. MACD Signal Color: Color of the Signal line. Default: #FF6D00. Timeframe: Sets a specific timeframe for the MACD calculation. Default: Chart. Wait TF Close: If a timeframe is set, waits for that timeframe's bar to close. Default: true. On Balance Volume (OBV): On/Off: Enables/Disables the OBV plot and its related MAs/Bands. Type (MA Smoothing): Selects MA type for smoothing OBV (None, SMA, EMA, etc.) or SMA + Bollinger Bands. Default: None. Length (MA Smoothing): Lookback period for the OBV smoothing MA. Default: 14. BB StdDev: Standard deviation multiplier for Bollinger Bands if selected. Default: 2.0. Color: Color of the main OBV line. Default: #2962FF. Timeframe: Sets a specific timeframe for the OBV calculation. Default: Chart. Wait TF Close: If a timeframe is set, waits for that timeframe's bar to close. Default: true. ADX: On/Off: Enables/Disables the ADX plot. ADX Smoothing: Lookback period for the ADX smoothing component. Default: 14. DI Length: Lookback period for the Directional Movement (+DI/-DI) calculation. Default: 14. Color: Color of the ADX line. Default: Red. Timeframe: Sets a specific timeframe for the ADX calculation. Default: Chart. Wait TF Close: If a timeframe is set, waits for that timeframe's bar to close. Default: true. ATR: On/Off: Enables/Disables the ATR plot. Length: Lookback period for the ATR calculation. Default: 14. Smoothing: Selects the calculation type for ATR (SMMA (RMA), SMA, EMA, WMA). Default: SMMA (RMA). Color: Color of the ATR line. Default: #B71C1C. Timeframe: Sets a specific timeframe for the ATR calculation. Default: Chart. Wait TF Close: If a timeframe is set, waits for that timeframe's bar to close. Default: true. Supertrend: On/Off: Enables/Disables the Supertrend plot and background fill. ATR Length: Lookback period for the ATR calculation within Supertrend. Default: 10. Factor: Multiplier for the ATR value used to calculate the Supertrend bands. Default: 3.0. Up Trend Color: Color for the Supertrend line and background during an uptrend. Default: Green. Down Trend Color: Color for the Supertrend line and background during a downtrend. Default: Red. Timeframe: Sets a specific timeframe for the Supertrend calculation. Default: Chart. Wait TF Close: If a timeframe is set, waits for that timeframe's bar to close. Default: true. Choppiness Index: On/Off: Enables/Disables the Choppiness Index plot and bands. Length: Lookback period for the Choppiness Index calculation. Default: 14. Offset: Shifts the plot left or right. Default: 0. Color: Color of the Choppiness Index line. Default: #2962FF. Timeframe: Sets a specific timeframe for the CI calculation. Default: Chart. Wait TF Close: If a timeframe is set, waits for that timeframe's bar to close. Default: true. █ STRATEGY EXAMPLES The following strategy examples are provided for illustrative and educational purposes only to demonstrate how indicators within this bundle could be combined. They do not constitute financial advice or trading recommendations. Always conduct your own thorough research and backtesting before implementing any trading strategy. Here are a few ways the indicators in this bundle can be combined: 1. MA Crossover with Multi-Factor Confirmation Goal: Enter trends early with confirmation from momentum and trend strength, while filtering out choppy conditions. Setup: Enable Fast MA (e.g., 9 EMA), Slow MA (e.g., 50 EMA), MACD, ADX, and Choppiness Index. Entry (Long): Price > Slow MA (Establishes broader uptrend context). Fast MA crosses above Slow MA OR Price crosses above Fast MA. MACD Histogram > 0 (Confirms bullish momentum). ADX > 20 or 25 (Indicates sufficient trend strength). Choppiness Index < 61.8 (Filters out excessively choppy markets). Entry (Short): Reverse logic (except for ADX and Choppiness Index). Management: Consider using the Supertrend or an ATR multiple for stop-loss placement. Image showing a chart with 2:1 long and short trades, highlighting a candle disqualified for a long entry due to ADX below 20. 2. Supertrend Breakout Strategy Goal: Use Supertrend for primary signals and stops, confirming with volume and trend strength. Setup: Enable Supertrend, Slow MA, ADX, and OBV. Entry (Long): Supertrend line turns green and price closes above it. Price > Slow MA (Optional filter for alignment with larger trend). ADX is rising or above 20 (Confirms trending conditions). OBV is generally rising or breaks a recent resistance level (Confirms volume supporting the move). Entry (Short): Reverse logic (except for ADX and OBV). Management: Initial stop-loss placed just below the green Supertrend line (for longs) or above the red line (for shorts). Trail stop as Supertrend moves. Image showing a chart with a 2:1 long trade, one candle disqualified for a short entry, and another disqualified for a long entry. 3. Trend Continuation Pullbacks Goal: Enter established trends during pullbacks to value areas defined by MAs or Supertrend. Setup: Enable Slow MA, Fast MA (or Supertrend), MACD, and ADX. Entry (Long): Price is consistently above the Slow MA (Strong uptrend established). ADX > 25 (Confirms strong trend). Price pulls back towards the Fast MA or the green Supertrend line. MACD Histogram was decreasing during the pullback but turns positive again OR MACD line crosses above Signal line near the MA/Supertrend level (Indicates momentum resuming). Entry (Short): Reverse logic (except for ADX) during a confirmed downtrend. Management: Stop-loss below the recent swing low or the Slow MA/Supertrend level. Image showing a chart with 2:1 long and short trades, where price pulls back to the fast MA and the MACD histogram changes color, indicating shifts in momentum during the pullbacks. █ CONCLUSION The Trend Following Bundle offers a powerful and flexible solution for traders focused on trend-based strategies. By consolidating essential indicators into one script with deep customization, multi-timeframe analysis, and built-in alerts, it simplifies the analytical workflow and allows for the development of robust, multi-conditional trading systems. Whether used for confirming entries, identifying trend strength, managing risk, or filtering market conditions, this bundle provides a versatile foundation for technical analysis. █ IMPORTANT NOTES ⚠ Parameter Tuning: Indicator settings (lengths, factors, thresholds) are not one-size-fits-all. Adjust them based on the asset being traded, its typical volatility, and the timeframe you are analyzing for optimal performance. Backtesting is crucial . ⚠ Multi-Timeframe Use: Using the Timeframe input allows for powerful analysis but be mindful of potential lag, especially if Wait TF Close is disabled. Signals based on higher timeframes will update only when that higher timeframe bar closes (if Wait TF Close is enabled). ⚠ Confirmation is Key: While the bundle provides many tools, avoid relying on a single indicator's signal. Use combinations to build confluence and increase the probability of successful trades. ⚠ Chart Clarity: With many indicators available, only enable those relevant to your current strategy to avoid overwhelming your chart. Use the On/Off toggles frequently. ⚠ Confirmed Bars Only: Like most TradingView indicators, signals and plots are finalized on the close of the bar. Be cautious acting on intra-bar signals which may change before the bar closes. █ RISK DISCLAIMER Trading involves substantial risk of loss and is not suitable for every investor. The Trend Following Bundle indicator provides technical analysis tools for educational and informational purposes only; it does not constitute financial advice or a recommendation to buy or sell any asset. Indicator signals identify potential patterns based on historical data but do not guarantee future price movements or profitability. Always conduct your own thorough analysis, use multiple sources of information, and implement robust risk management practices before making any trading decisions. Past performance is not indicative of future results. 📊 Happy trading! 🚀
Pine Script® indicator
by ActiveQuants
Multi 10 Symbol Scanner Table V1Script Summary: "Multi 10 Symbol Scanner Table V1" This TradingView indicator acts as a powerful market scanner dashboard. Instead of plotting signals on your main price chart, its primary purpose is to display a table summarizing the technical status of up to 10 different assets (stocks, crypto, forex pairs, etc.) that you choose. Think of it as a watchlist on steroids. It analyzes each symbol you enter based on a consistent set of rules you define and presents the results side-by-side in the table for quick comparison. Here's what the table shows for each symbol you add: Symbol: The ticker name of the asset being scanned. Actual Price: The current market price of that asset. Price vs. MAs: Indicates the short-term trend based on whether the price (on the chart's current timeframe) is above two moving average lines ("Above Both"), below them ("Below Both"), or in between ("Mixed"). This column is color-coded (Green/Red/Gray). RSI Value: Shows the current RSI (Relative Strength Index) number, a measure of momentum (calculated on the chart's current timeframe). RSI Status: Tells you if the RSI is currently "Overbought," "Oversold," or "Neutral" based on the levels you set. This column is color-coded (Red/Green/Gray). SIG NOW: A combined "immediate signal" based on the Price vs. MAs and RSI Status conditions (calculated on the chart's current timeframe). It shows "BUY," "SELL," or "NEUTRAL" and is color-coded (Green/Red/Gray). ALERT: Flags unusual trading volume activity (calculated on the chart's current timeframe). It shows "SPIKE" for high volume, "DUMP" for low volume, or "NONE." This column is color-coded (Orange/Purple/Gray). LTS (TF1), LTS (TF2), LTS (TF3): These three columns show separate Long-Term Signals for each asset. Each signal is calculated independently using Bollinger Bands on a different, higher timeframe that you specify (e.g., Daily, Weekly, Monthly). It shows "BUY," "SELL," or "NEUTRAL" along with the price at which that signal occurred on that specific higher timeframe. These columns are also color-coded (Green/Red/Gray). In essence: This script lets you monitor multiple assets simultaneously from one place, checking their short-term trend, momentum, volume activity, and longer-term signals across three different time perspectives, all updated in real-time within the table. Important Note: This script only displays information in the table. It does not plot any lines or signals on your main chart, nor does it generate built-in TradingView alerts. It's purely a visual dashboard for scanning. How to Adjust the Script Settings You can customize the scanner through its "Settings" panel in TradingView. Here’s how to adjust each part: 1. Symbols (Enter Ticker IDs like 'BINANCE:BTCUSDT') Symbol 1 to Symbol 10: These are the 10 slots where you enter the assets you want to scan. How to Enter: You need the full Ticker ID, often including the exchange prefix. Examples: NASDAQ:AAPL, BINANCE:BTCUSDT, FX:EURUSD, NYSE:GME. You can find these using TradingView's symbol search. Leaving Blank: If you don't need all 10 slots, just leave the extra ones blank. The table will only show rows for the symbols you've entered. 2. Indicator Settings (Chart Timeframe) These settings define the rules for the analysis performed using the timeframe of the chart you currently have open. These rules are applied to all symbols in your list for the "Price vs MAs," "RSI," "SIG NOW," and "ALERT" columns. MA Source: Choose which price point (Close, Open, High, Low, etc.) the moving averages should be based on. (Default: Close) Short MA Period: Set the number of bars for the shorter-term moving average. A smaller number reacts faster. (Default: 20) Long MA Period: Set the number of bars for the longer-term moving average. A larger number shows a smoother trend. (Default: 50) RSI Source: Choose which price point the RSI momentum calculation should use. (Default: Close) RSI Period: Set the number of bars for the RSI calculation. (Default: 14) RSI Overbought Level: The RSI level above which an asset is considered "Overbought" in the table. (Default: 70) RSI Oversold Level: The RSI level below which an asset is considered "Oversold" in the table. (Default: 30) SIG NOW RSI Buy Min: The minimum RSI value required (along with price being above MAs) to show a "BUY" signal in the "SIG NOW" column. (Default: 55) SIG NOW RSI Sell Max: The maximum RSI value required (along with price being below MAs) to show a "SELL" signal in the "SIG NOW" column. (Default: 45) Volume Lookback (LBV): How many bars (on the chart's timeframe) to look back to calculate the average volume for the Spike/Dump alerts. (Default: 3) Volume MA Type: The type of averaging method used for the volume calculation. (Default: EMA) 3. Volume Alert Settings These control the sensitivity of the "ALERT" column (Spike/Dump detection) for all symbols. Volume Alert Sensitivity: Choose a preset: "Normal": Standard thresholds. "Sensitive": Easier to trigger alerts. "Highly Sensitive": Easiest to trigger alerts. "Custom": Uses the manual multipliers below. Custom Spike Multiplier (>1): (Only used if Sensitivity is "Custom") Volume must be this many times greater than average to trigger SPIKE. (e.g., 1.5 = 50% higher). Custom Dump Multiplier (<1): (Only used if Sensitivity is "Custom") Volume must be this many times smaller than average to trigger DUMP. (e.g., 0.7 = 30% lower). 4. Long Term Signal (LTS) Settings These settings control the calculations for the three independent "LTS" columns in the table. Each LTS column analyzes data from a specific higher timeframe you choose. LTS Timeframe 1 / 2 / 3: Select the higher timeframes (e.g., 'D' for Daily, 'W' for Weekly, 'M' for Monthly) for each of the three LTS calculations. These will determine the data used for the corresponding LTS columns in the table. LTS BB Source: The price source used for the Bollinger Band calculation on the selected LTS timeframes. (Default: Close) LTS BB Length: The period (number of bars on the chosen LTS timeframe) used for the Bollinger Band calculation. (Default: 20) LTS BB StdDev: The standard deviation multiplier for the Bollinger Bands used in the LTS calculations. (Default: 2.0) 5. Table Settings These control the appearance of the scanner table itself. Table Position: Choose which corner or side of the chart the table should appear on. Decimal Places (Non-Price): How many decimal places to show for values like the RSI number in the table. Table Text Size: Adjust the font size inside the table cells ("tiny", "small", "normal", "large", "huge"). By adjusting these settings, you can tailor the scanner to focus on the assets, timeframes, and technical conditions that matter most to your trading strategy. Remember to enter valid ticker symbols for the assets you want to track.
Pine Script® indicator
by ChalkBoardAnalytics
Chart Plotter & Scanner Table V1Script Summary: "Chart Plotter & Scanner Table V1" This TradingView indicator is designed to give you a comprehensive analysis of the single stock, crypto, or asset currently displayed on your chart. It does this in two main ways: Visual Signals on the Chart: It draws helpful information directly onto your price chart: Trend Lines: Plots two moving average lines (one short-term, one long-term) to help you visualize the current price trend. Buy/Sell Markers ("SIG NOW"): Shows triangle markers below the price (green for potential Buy) or above the price (red for potential Sell) when specific conditions related to price trend and momentum (RSI) are met. Volume Activity Markers ("ALERT"): Displays small labels ("S" for Spike, "D" for Dump) when the trading volume is unusually high or low compared to its recent average, indicating potentially significant market activity. Long-Term Signal Markers ("LTS"): Shows small shapes (circles, diamonds, squares) to indicate potential long-term Buy or Sell signals derived from analyzing price action on up to three different, higher timeframes (like Daily, Weekly, Monthly) that you choose. Status Summary Table: It displays a neat table on your chart (you choose the corner) that acts like a dashboard, summarizing the key findings for the current asset: Symbol & Price: Shows the ticker symbol and the latest price. Price vs. Trend: Tells you if the current price is above both trend lines ("Above Both"), below both ("Below Both"), or in between ("Mixed"), with color-coding (Green/Red/Gray). Momentum (RSI): Shows the current RSI value and its status ("Overbought", "Oversold", or "Neutral"), with color-coding (Red/Green/Gray). Immediate Signal ("SIG NOW"): Displays the current Buy, Sell, or Neutral status based on the combined trend and momentum rules, with color-coding (Green/Red/Gray). Volume Alert ("ALERT"): Shows if there's a volume Spike, Dump, or None, with color-coding (Orange/Purple/Gray). Long-Term Signals (LTS): Shows the Buy, Sell, or Neutral status calculated from each of the three chosen higher timeframes, including the price at which the signal occurred on that timeframe, with color-coding (Green/Red/Gray). Essentially, this script combines short-term trend and momentum analysis with volume activity monitoring and longer-term perspective signals, presenting the information clearly on your chart and in a summary table for quick assessment. It also allows you to create TradingView alerts based on these signals. How to Adjust the Script Settings You can customize how this script works through its "Settings" panel in TradingView. Here’s a breakdown of each section: 1. Indicator Settings (Chart Timeframe) These settings control the main calculations done on your current chart's timeframe. MA Source: Choose which price point (Close, Open, High, Low, etc.) the moving averages should be based on. (Default: Close) Short MA Period: Set the number of bars for the shorter-term moving average. A smaller number makes it react faster to price changes. (Default: 20) Long MA Period: Set the number of bars for the longer-term moving average. A larger number shows a smoother, longer-term trend. (Default: 50) RSI Source: Choose which price point the RSI momentum calculation should use. (Default: Close) RSI Period: Set the number of bars for the RSI calculation. (Default: 14) RSI Overbought Level: The RSI level above which the asset is considered potentially "Overbought". (Default: 70) RSI Oversold Level: The RSI level below which the asset is considered potentially "Oversold". (Default: 30) SIG NOW RSI Buy Min: The minimum RSI value required (along with price being above MAs) to trigger a "SIG NOW" Buy signal. (Default: 55) SIG NOW RSI Sell Max: The maximum RSI value required (along with price being below MAs) to trigger a "SIG NOW" Sell signal. (Default: 45) Volume Lookback (LBV): How many bars to look back to calculate the average volume for the Spike/Dump alerts. (Default: 3) Volume MA Type: The type of averaging method used for the volume calculation (EMA is generally preferred for responsiveness). (Default: EMA) 2. Volume Alert Settings These control how sensitive the Volume Spike/Dump alerts are. Volume Alert Sensitivity: Choose a preset sensitivity level: "Normal": Standard thresholds for spike/dump detection. "Sensitive": Requires less deviation from the average volume to trigger an alert. "Highly Sensitive": Triggers alerts on even smaller volume deviations. "Custom": Ignores the presets and uses the manual multipliers below. Custom Spike Multiplier (>1): (Only used if Sensitivity is "Custom") How many times greater than the average volume the current volume must be to trigger a SPIKE. (e.g., 1.5 means 50% higher). Custom Dump Multiplier (<1): (Only used if Sensitivity is "Custom") How many times smaller than the average volume the current volume must be to trigger a DUMP. (e.g., 0.7 means 30% lower). 3. Long Term Signal (LTS) Settings These settings control the calculations for the three independent Long-Term Signals, which look at higher timeframes. LTS Timeframe 1/2/3: Select the higher timeframes (e.g., 'D' for Daily, 'W' for Weekly, 'M' for Monthly) for each of the three LTS calculations. LTS BB Source: The price source used for the Bollinger Band calculation on the LTS timeframes. (Default: Close) LTS BB Length: The period (number of bars on the LTS timeframe) used for the Bollinger Band calculation. (Default: 20) LTS BB StdDev: The standard deviation multiplier for the Bollinger Bands used in the LTS calculation. (Default: 2.0) 4. Plotting Settings These control what is visually displayed on the price chart itself. Plot MAs?: Checkbox to show or hide the two moving average lines. Plot SIG NOW Markers?: Checkbox to show or hide the green/red triangle Buy/Sell markers. Plot ALERT Markers?: Checkbox to show or hide the "S" / "D" volume Spike/Dump labels. Plot LTS Markers?: Checkbox to show or hide the long-term signal markers (circles, diamonds, squares). Plot LTS Markers For: Dropdown to choose whether to show markers for only LTS TF1, TF2, TF3, or "All" of them. 5. Table Settings These control the appearance and content of the summary table. Show Status Table?: Checkbox to show or hide the entire summary table. Table Position: Choose which corner or side of the chart the table should appear on. Decimal Places (Non-Price): How many decimal places to show for values like the RSI number in the table. Table Text Size: Adjust the font size inside the table cells. Setting Up Alerts: This script creates the conditions for alerts. To actually receive notifications: Click the "Alert" button (clock icon) in TradingView's top toolbar or right-click on the chart. In the "Condition" dropdown, select the script name ("Chart Plotter & Scanner Table V1"). You will see a list of available alert conditions created by the script (e.g., "SIG NOW Buy Alert", "RSI Overbought Alert", "LTS TF1 Buy Alert", etc.). Choose the one you want. Configure the rest of the alert settings (Options, Actions, Message) as desired. Click "Create". Repeat for any other signals you want alerts for. By adjusting these settings, you can fine-tune the indicator to match your trading style, the specific asset you are analyzing, and the timeframes you are interested in.
Pine Script® indicator
by ChalkBoardAnalytics
Cluster + StochRSI convergence Buy & Short DotsDescription: This script plots high-precision Buy and Short Signals based on a combination of a custom Cluster Algorithm and a Normalized Stochastic RSI filter. Cluster Algo Logic: Detects momentum flips using a normalised EMA stretched against Bollinger Bands. A "Cluster Turn" is identified when the momentum flips from Red→Green under 30 threshold (Buy setup) or Green→Red above 70 threshold (Short setup), combined with prior trend confirmation (required Red or Green bars). Stochastic RSI Filter: A normalised StochRSI is used to confirm oversold (for Buys) and overbought (for Shorts) reversals. Crossovers of the %K and %D lines are required under strict thresholds (below 20 for Buys, above 80 for Shorts). Entry Dot System: Light Dots (Green for Buys, Red for Shorts) are plotted when either the Cluster condition or StochRSI condition is first satisfied ("Get Ready" signals). Dark Dots (Strong Green or Strong Red) are plotted when both conditions are completed within a user-defined number of bars ("Confirmed Entry" signals). This dual confirmation reduces false signals and aligns entries with meaningful momentum shifts and overbought/oversold conditions. Editable Parameters: Cluster Algo Settings: Bollinger Bands Length Bollinger Bands Standard Deviation Signal Line Length (EMA) Cluster Trend Filters: Required Red Bars Before Cluster Turn (Buy setups) Required Green Bars Before Cluster Flip Red (Short setups) Timing Flexibility: Max Bars Between Cluster and StochRSI (how far apart the two events can occur) Stochastic RSI Settings: RSI Length Stochastic Length K Smoothing D Smoothing Notes: Only confirmed dual conditions within the allowed bar window trigger final entry signals. Overbought and Oversold levels (20/30/70/80) are plotted faintly for additional visual clarity. The script does not repaint — all signals occur after the bar closes.
Pine Script® indicator
by No1macD
Boo Trader ValuesBOO Trader Values A color-coded multi-timeframe (MTF) table indicator that displays the RSI, MACD Line, and ADX values for six different timeframes (15m, 1h, 4h, D, W, M) at a glance. Features • **RSI**: Compares RSI₁₄ to its 14-period SMA (RSI > SMA → green; RSI ≤ SMA → red). Extra highlight: RSI > 50 → dark green. • **MACD Line**: Difference between fast and slow EMAs minus the signal line. Cells are green when momentum is rising, red when falling; plus MACD Line > 0 → dark green. • **ADX**: Measures trend strength using DI period and smoothing (ADX > Threshold → green; ADX ≤ Threshold → red; ADX > 40 → dark green for a very strong trend). Inputs • RSI Period (default 14) • MACD Fast/Slow/Signal Periods (12/26/9) • ADX (DI) Period and Smoothing (default 14/14) • ADX Trend Threshold (default 25) Usage Synchronized green signals across multiple timeframes confirm a strong trend. Use the combined RSI, MACD, and ADX readings to quickly gauge entry/exit timing and overall trend strength. Note: As with any TA tool, signals vary with market conditions. Always apply your own risk management rules. Twitter: x.com -------------------------- BOO Trader Values Boo MTF Values (RSI, MACD & ADX) Tek bakışta bir varlığın 6 farklı zaman dilimindeki (15 dk, 1 s, 4 s, G, H, A) RSI, MACD Line ve ADX değerlerini gösteren, renk kodlu çok zamanlı (MTF) tablo indikatörü. Özellikler RSI: Her periyotta RSI14 ile RSI14 MA karşılaştırması (RSI>MA yeşil, RSI≤MA kırmızı). Ek vurgular: RSI>50 ise koyu yeşil. MACD Line: MACD Hızlı/Yavaş EMA farkı sinyal çizgisinden çıkarılarak hesaplanır. Momentum yükselişinde hücre yeşil, düşüşte kırmızı; ayrıca MACD Line>0 ise koyu yeşil. ADX: DI periyoduna ve smoothing’e göre hesaplanan trend gücü (ADX>Threshold yeşil, ADX≤Threshold kırmızı; ADX>40 ise koyu yeşil ile güçlü trend vurgusu). Girdiler RSI Periyodu (varsayılan 14) MACD Hızlı/Yavaş/Sinyal periyotları (12/26/9) ADX (DI) Periyodu ve Smoothing (varsayılan 14/14) ADX Trend Eşik (varsayılan 25) Kullanım Farklı periyotlarda eşgüdümlü yeşil sinyaller güçlü trend onayıdır. RSI, MACD ve ADX kombinasyonu ile giriş/çıkış zamanlamasını ve trendin gücünü hızlıca analiz edin. Not: Tüm teknik analiz araçlarında olduğu gibi, sinyallerin doğruluğu piyasa koşullarına bağlıdır. Kendi risk yönetimi kurallarınızla birlikte kullanınız. Twitter: x.com
Pine Script® indicator
by Burak026
RSI + Composite RSI with Regular & Hidden Divergences📌 Description (for TradingView Public Publishing): RSI Composite Pro is a reimagined version of the classic RSI indicator, enhanced with deeper insights. This tool displays both the standard RSI of the current asset and a normalized RSI derived from a reference index (e.g., XU100, NDX, SPX), all on the same panel. By default, the composite RSI source is automatically selected based on the exchange you're viewing (e.g., BIST → XU100, NASDAQ → NDX, NYSE → SPX). However, users can also manually input any symbol through the settings panel. Additionally, you can apply smoothing filters such as SMA, EMA, or Bollinger Bands to both RSI lines. The script also detects regular and hidden divergences on RSI, helping to identify potential trend reversal points. Key Features: Dual RSI view: asset RSI vs. composite market RSI Auto or manual selection of composite RSI source Supports MA smoothing and Bollinger Band overlays Automatic detection of regular & hidden divergences Clean and customizable visualization on a single chart This indicator is flexible and can be tailored to your trading style, suitable for both short-term trading and trend analysis.
Pine Script® indicator
by yurt42625
2
RSI 25 & RSI 100 + Alerts + Crosses by KayTradesForexRSI 25 & RSI 100 Cross + Alerts by KayTradesForex This indicator plots two RSI (Relative Strength Index) curves with different periods – 25 and 100 – to offer a deeper view of price momentum. Main Features: Plots RSI 25 (blue line) and RSI 100 (white line) in a single pane. Highlights traditional overbought (above 70) and oversold (below 30) levels. Generates alerts when: RSI 25 or RSI 100 enters the overbought/oversold zones. RSI 25 crosses above RSI 100 (bullish signal). RSI 25 crosses below RSI 100 (bearish signal). Use Cases: Detect early trend shifts when RSI 25 crosses RSI 100. Identify potential reversal zones based on overbought/oversold levels. Combine with price action analysis for even more powerful entries. Recommended Settings: Default overbought/oversold thresholds: 70/30. RSI Source: Closing price (adjustable if needed). Tip: Use this indicator on higher timeframes (like 1H, 4H, or Daily) to capture more reliable and smoother trend signals. Built for traders who want more precision and early momentum detection using dual RSI strategies.
Pine Script® indicator
by forextraderontime
Volume Signal RSIVolume Signal RSI (VSR) Indicator Overview: The Volume Signal RSI (VSR) indicator combines traditional RSI analysis with statistically significant volume detection to identify potential reversal points and exhaustion signals in crypto markets. By applying statistical methods to volume analysis, VSR filters out normal market noise and highlights only the most meaningful volume spikes. Key Features: - Standard RSI overbought/oversold signals (70/30) - Statistical volume significance detection using z-scores and p-values - Exhaustion signals for potential market reversals - Enhanced alert system with actionable trading context How to Use This Indicator Basic Signals: - RSI Line: The blue line shows the standard RSI value (default period: 14) - Overbought/Oversold Levels: Standard levels at 70/30 with additional extreme levels at 80/20 - Volume Detection: Small circles appear on the RSI line when statistically significant volume is detected Trading Signals 1. Oversold Alert (🔴): When RSI crosses below 30 - Indicates potential support area - Consider for long entries when price shows signs of stabilizing 2. Overbought Alert (🟢): When RSI crosses above 70 - Indicates potential resistance area - Consider for short entries when price shows signs of topping 3. Bear Exhaustion Signal (⚠️): When bearish volume appears in oversold territory - Indicates a potential selling climax - Strong reversal signal when accompanied by positive price action - Best used for counter-trend entries during downtrends 4. Bull Exhaustion Signal (⚠️): When bullish volume appears in overbought territory - Indicates a potential buying climax - Strong reversal signal when accompanied by negative price action - Best used for counter-trend entries during uptrends Alert Messages: Alert messages contain critical information formatted for quick analysis: - Symbol and timeframe - Current price and RSI value with direction indicator - Volume metrics: z-score, deviation percentage, and statistical confidence - Trading context suggestion Statistical Methodology: - Z-Score: Measures how many standard deviations the current volume is from the mean - P-Value: Statistical measure of significance (lower values = more significant) - Confidence: Displayed as a percentage (higher = more confidence in the signal) - Volume Deviation: Percentage above/below the average volume Best Practices 1. Confirm signals with price action or other indicators 2. Higher timeframes typically produce more reliable signals 3. Use the statistical confidence percentage to gauge signal strength 4. Most powerful signals occur when exhaustion signals coincide with key support/resistance levels and there a quarter or more wick size at top of candle(buying exhaustion) or at bottom of candle (selling exhaustion)
Pine Script® indicator
by s3raphic333
Amazone VMC Stratégie1. Core Oscillator (“Hyper Wave”) Calculates an oscillator from price’s position in its recent high/low range, smoothed by a user-selectable SMA or EMA. Plotted on the chart, with customizable colors and transparency. 2. Divergence Detection Identifies bullish/bearish divergences between price and the oscillator when the oscillator makes a lower low/higher high that isn’t confirmed by price. Draws trendlines on the chart and flags confirmed divergences for extra conviction. 3. Smart Money Flow (SMF) Computes a modified Money Flow Index (MFI) to gauge “smart” buying or selling pressure. Shows positive or negative SMF readings, with custom colors, and tracks recent extreme values for confluence. 4. Confluence & Reversal Signals Highlights zones where oscillator and SMF agree (both bullish or both bearish). Generates special “reversal” markers when volume surges and short-term RSI conditions align, for high-quality turn signals. 5. Advanced Filters Optional volume filter: requires current volume to exceed a multiple of its 20-bar average. Trend filter: only take signals in the direction of a fast EMA vs. a longer EMA. ATR/volume filter: ensures volatility (ATR) is sufficient relative to its 14-bar average. 6. Entry & Exit Logic Multiple entry modes: any signal, crossovers only, threshold rebounds, or fully validated signals. Exit either on an opposite signal, reaching upper/lower oscillator thresholds, or both. Supports fixed Stop Loss, Take Profit, and optional trailing stops. 7. Visuals & History Table Draws buy/sell levels, stop-loss/take-profit markers, and entry/exit icons on the chart. At each bar’s close, an on-chart table summarizes the last signals, current position, P/L, trend, oscillator/MFI values, and confluence score.
Pine Script® strategy
by Amazonecrypto