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Exponential Moving Average (EMA)

VWAP Trend Strategy (Intraday) [KedarArc Quant]Description: An intraday strategy that anchors to VWAP and only trades when a local EMA trend gate and a volume participation gate are both open. It offers two entry templates—Cross and Cross-and-Retest—with an optional Momentum Exception for impulsive moves. Exits combine a TrendBreak (structure flips) with an ATR emergency stop (risk cap). Updates will be published under this script. Why this merits a new script This is not a simple “VWAP + EMA + ATR” overlay. The components are sequenced as gates and branches that *change the trade set* in ways a visual mashup cannot: 1. Trend Gate first (EMA fast vs. slow on the entry timeframe) Counter-trend VWAP crosses are suppressed. Many VWAP scripts fire on every cross; here, no entry logic even evaluates unless the trend gate is open. 2. Participation Gate second (Volume SMA × multiplier) This gate filters thin liquidity moves around VWAP. Without it, the same visuals would produce materially more false triggers. 3. Branching entries with structure awareness * Cross: Immediate VWAP cross in the trend direction. * Cross-and-Retest: Requires a revisit to VWAP vicinity within a lookback window (recent low near VWAP for longs; recent high for shorts). This explicitly removes first-touch fakeouts that a plain cross takes. * Momentum Exception (optional): A quantified body% + volume condition can bypass the retest when flow is impulsive—intentional risk-timing, not “just another indicator.” 4. Dual exits that reference both anchor and structure * TrendBreak: Close only when price loses VWAP and EMA alignment flips. * ATR stop: Placed at entry to cap tail risk. These exits complement the entry structure rather than being generic stop/target add-ons. What it does * Trades the session’s fair value anchor (VWAP), but only with local-trend agreement (EMA fast vs. slow) and sufficient participation (volume filter). * Lets you pick Cross or Cross-and-Retest entries; optionally allow a fast Momentum Exception when candles expand with volume. * Manages positions with a structure exit (TrendBreak) and an emergency ATR stop from entry. How it works (concepts & calculations) * VWAP (session anchor): Standard VWAP of the active session; entries reference the cross and the retest proximity to VWAP. * Trend gate: Long context only if `EMA(fast) > EMA(slow)`; short only if `EMA(fast) < EMA(slow)`. A *gate*, not a trigger—entries aren’t considered unless this is true. * Participation (volume) gate: Require `volume > SMA(volume, volLen) × volMult`. Screens out low-participation wiggles around VWAP. Entries: * Cross: Price crosses VWAP in the trend direction while volume gate is open. * Cross-and-Retest: After crossing, price revisits VWAP vicinity within `lookback` (recent *low near VWAP* for longs; recent *high near VWAP* for shorts). * Momentum Exception (optional): If body% (|close−open| / range) and volume exceed thresholds, enter without waiting for the retest. Exits: * TrendBreak (structure): * Longs close when `price < VWAP` and `EMA(fast) < EMA(slow)` (mirror for shorts). * ATR stop (risk): * From entry: `stop = entry ± ATR(atrLen) × atrMult`. How to use it ? 1. Select market & timeframe: Intraday on liquid symbols (equities, futures, crypto). 2. Pick entry mode: * Start with Cross-and-Retest for fewer, more selective signals. * Enable Momentum Exception if strong moves leave without retesting. 3. Tune guards: * Raise `volMult` to ignore thin periods; lower it for more activity. * Adjust `lookback` if retests come late/early on your symbol. 4. Risk: * `atrLen` and `atrMult` set the emergency stop distance. 5. Read results per session: Optional panel (if enabled) summarizes Net-R, Win%, and PF for today’s session to evaluate behavior regime by regime. ⚠️ Disclaimer This script is provided for educational purposes only. Past performance does not guarantee future results. Trading involves risk, and users should exercise caution and use proper risk management when applying this strategy.
Pine Script® strategy
by kedarcquant
Penguin Volatility State StrategyThe Penguin Volatility State Strategy is a comprehensive technical analysis framework designed to identify the underlying "state" or "regime" of the market. Instead of just providing simple buy or sell signals, its primary goal is to classify the market into one of four distinct states by combining trend, momentum, and volatility analysis. The core idea is to trade only when these three elements align, focusing on periods of volatility expansion (a "squeeze breakout") that occur in the direction of a confirmed trend and are supported by strong momentum. Key Components The strategy is built upon two main engines The Volatility Engine (Bollinger Bands vs. Keltner Channels) This engine detects periods of rapidly increasing volatility. It measures the percentage difference (diff) between the upper bands of Bollinger Bands (which are based on standard deviation) and Keltner Channels (based on Average True Range). During a volatility "squeeze," both bands are close. When price breaks out, the Bollinger Band expands much faster than the Keltner Channel, causing the diff value to become positive. A positive diff signals a volatility breakout, which is the moment the strategy becomes active. The Trend & Momentum Engine (Multi-EMA System) This engine determines the market's direction and strength. It uses: A Fast EMA (e.g., 12-period) and a Slow EMA (e.g., 26-period): The crossover of these two moving averages defines the primary, underlying trend (similar to a MACD). An Ultra-Fast EMA (e.g., 2-period of ohlc4): This is used to measure the immediate, short-term momentum of the price. The Four Market States By combining the Trend and Momentum engines, the strategy categorizes the market into four visually distinct states, represented by the chart's background color. This is the most crucial aspect of the system. 💚 Green State: Strong Bullish The primary trend is UP (Fast EMA > Slow EMA) AND the immediate momentum is STRONG (Price > Fast EMA). Interpretation: This represents a healthy, robust uptrend where both the underlying trend and short-term price action are aligned. It is considered the safest condition for taking long positions. ❤️ Red State: Strong Bearish Condition: The primary trend is DOWN (Fast EMA < Slow EMA) AND the immediate momentum is WEAK (Price < Fast EMA). Interpretation: This represents a strong, confirmed downtrend. It is considered the safest condition for taking short positions. 💛 Yellow State: Weakening Bullish / Pullback Condition: The primary trend is UP (Fast EMA > Slow EMA) BUT the immediate momentum is WEAK (Price < Fast EMA). Interpretation: This is a critical warning signal for bulls. While the larger trend is still up, the short-term price action is showing weakness. This could be a minor pullback, a period of consolidation, or the very beginning of a trend reversal. Caution is advised. 💙 Blue State: Weakening Bearish / Relief Rally Condition: The primary trend is DOWN (Fast EMA < Slow EMA) BUT the immediate momentum is STRONG (Price > Fast EMA). Interpretation: This signals that a downtrend is losing steam. It often represents a short-covering rally (a "bear market rally") or the first potential sign of a market bottom. Bears should be cautious and consider taking profits. How the Strategy Functions The strategy uses these four states as its foundation for making trading decisions. The entry and exit arrows (Long, Short, Close) are generated based on a set of rules that can be customized by the user. For instance, a trader can configure the strategy to Only take long trades during the Green State. Require a confirmed volatility breakout (diff > 0) before entering a trade. Use the "RSI on Diff" indicator to ensure that the breakout is supported by accelerating momentum. Summary In essence, the Penguin Volatility State Strategy provides a powerful "dashboard" for viewing the market. It moves beyond simple indicators to offer a contextual understanding of price action. By waiting for the alignment of Trend (the State), Volatility (the Breakout), and Momentum (the Acceleration), it helps traders to identify higher-probability setups and, just as importantly, to know when it is better to stay out of the market. License / disclaimer © waranyu.trkm — MIT License. Educational use only; not financial advice.
Pine Script® strategy
by waranyutrkm
TrendSpark⚡ Trend Spark 📖 Description Trend Spark is a multi-tool trading indicator that combines the WaveTrend Oscillator, EMA Ribbon, and custom signal markers to help traders identify momentum shifts, reversals, and high-probability entry/exit zones. Unlike traditional templates, Trend Spark uses unique visual cues — triangles, diamonds, and squares — to highlight important conditions in price action, making signals more intuitive and easier to act on. Whether you’re scalping, swing trading, or analyzing long-term trends, Trend Spark adapts to your strategy. ⚙️ Features WaveTrend Oscillator → Detects overbought/oversold conditions and momentum reversals. EMA Ribbon (8 EMAs) → Reveals bullish and bearish market phases. RSI → Confirms strength or weakness behind moves. Custom Signal Shapes 🔼 Green Triangle Up → Bullish EMA crossover. 🔽 Red Triangle Down → Bearish EMA crossover. 🔶 Orange Diamond → WaveTrend crossover (potential reversal). 🟨 Yellow Square → Bullish candle confirmation. 📌 How to Use Identify Trend EMA2 above EMA8 (blue ribbon) → Bullish trend. EMA8 above EMA2 (red ribbon) → Bearish trend. Entry Signals Look for 🔼 green triangles during bullish trends. Look for 🔽 red triangles during bearish trends. Use 🔶 orange diamonds as early warning signs of reversals. Confirm Strength A 🟨 yellow square below a bullish candle signals potential continuation. Cross-check with RSI for stronger confirmation. Risk Management Always confirm with multiple timeframes. Place stop-losses below/above recent swing levels. 🔔 Alerts Trend Spark supports alerts for: ✅ Long EMA crossover (triangle up) ✅ Short EMA crossover (triangle down) ✅ WaveTrend crossover (diamond) Stay ahead of market moves without constantly watching the charts.
Pine Script® indicator
by Cryptobingbong
1
Universal MA Playground🔥 Universal MA Playground — Test Any Moving Average Combo With Style Experiment with 14 moving average types, crossovers, and themes in one flexible indicator What it is A universal moving average playground with 14 MA types, customizable auto/manual lengths, and multiple color themes. It highlights crossovers with glowing lines, background tint, and theme-based styling. Intended as a flexible exploration tool, not a standalone trading system. Why combine multiple MAs? Each moving average has unique strengths: EMA (Exponential) → reacts faster to price changes. SMA (Simple) → smooth, classic trend measure. HMA (Hull) → reduces lag, sharper turns. TEMA/DEMA → smoother than EMA, responsive to reversals. ALMA, McGinley, LSMA → adaptive, less noisy. VWAP & Rolling VWAP → volume-weighted trend with session or rolling lookback. By testing crossovers between any two types, traders can see where different smoothing methods align, helping filter weak or lagging signals. How it works MA1 & MA2: Choose any type (SMA, EMA, HMA, VWAP, etc.). Lengths: Each MA defaults to its standard (e.g. EMA=21, SMA=20, HMA=21). Manual override option available. Visuals: Lines change color by theme. Fill between MAs highlights when MA1 > MA2 (bull) or MA1 < MA2 (bear). Optional background glow reinforces bias. Themes: Classic, Neon, Dark Glow, Ice & Fire, Minimalist, Cyberpunk, Nature. What’s original here Full library of 14 MA types in one script. Auto-length detection with manual override toggle. Theme engine for line, fill, and glow styles. VWAP handling: true session VWAP intraday, fallback VWMA on higher timeframes. Clean visual crossover highlights without extra clutter. Inputs & settings MA Types: SMA, EMA, WMA, VWMA, RMA, DEMA, TEMA, T3, HMA, ALMA, McGinley, LSMA, VWAP, Rolling VWAP. Lengths: Auto (standard defaults) or manual override. Theme selector: 7 presets. Background glow: ON/OFF. How to read Two selected MAs are plotted. Fill between them shows bias (green for MA1 above, red for MA1 below). Triangle markers show crossover points. Background glow (optional) highlights overall state. Suggested use Test different MA pairs (e.g. EMA21 vs HMA50, VWAP vs SMA20). Use as trend confirmation or visual exploration, not a standalone system. Works on all timeframes; useful both intraday and swing. Limitations VWAP only works intraday; on higher TF it falls back to VWMA(20). Not a trading system by itself. Use with structure, risk management, and confluence. Signals may lag in sideways markets. Credits Standard MAs are public domain (SMA, EMA, HMA, VWAP, etc.). Universal combination, auto/manual logic, and theme design: NICK789. Disclaimer Educational use only; not financial advice. No guarantees of accuracy or profitability. Markets involve risk; past performance does not guarantee results.
Pine Script® indicator
by NICK789
RSI Momentum Trend MM with Risk Per Trade [MTF]This is a comprehensive and highly customizable trend-following strategy based on RSI momentum. The core logic identifies strong directional moves when the RSI crosses user-defined thresholds, combined with an EMA trend confirmation. It is designed for traders who want granular control over their strategy's parameters, from signal generation to risk management and exit logic. This script evolves a simple concept into a powerful backtesting tool, allowing you to test various money management and trade management theories across different timeframes. Key Features - RSI Momentum Signals: Uses RSI crosses above a "Positive" level or below a "Negative" level to generate trend signals. An EMA filter ensures entries align with the immediate trend. - Multi-Timeframe (MTF) Analysis: The core RSI and EMA signals can be calculated on a higher timeframe (e.g., using 4H signals to trade on a 1H chart) to align trades with the larger trend. This feature helps to reduce noise and improve signal quality. Advanced Money Management - Risk per Trade %: Calculate position size based on a fixed percentage of equity you want to risk per trade. - Full Equity: A more aggressive option to open each position with 100% of the available strategy equity. Flexible Exit Logic: Choose from three distinct exit strategies to match your trading style - Percentage (%) Based: Set a fixed Stop Loss and Take Profit as a percentage of the entry price. - ATR Multiplier: Base your Stop Loss and Take Profit on the Average True Range (ATR), making your exits adaptive to market volatility. - Trend Reversal: A true trend-following mode. A long position is held until an opposite "Negative" signal appears, and a short position is held until a "Positive" signal appears. This allows you to "let your winners run." Backtest Date Range Filter: Easily configure a start and end date to backtest the strategy's performance during specific market periods (e.g., bull markets, bear markets, or high-volatility periods). How to Use RSI Settings - Higher Timeframe: Set the timeframe for signal calculation. This must be higher than your chart's timeframe. - RSI Length, Positive above, Negative below: Configure the core parameters for the RSI signals. Money Management Position Sizing Mode - Choose "Risk per Trade" to use the Risk per Trade (%) input for precise risk control. - Choose "Full Equity" to use 100% of your capital for each trade. - Risk per Trade (%): Define the percentage of your equity to risk on a single trade (only works with the corresponding sizing mode). SL/TP Calculation Mode Select your preferred exit method from the dropdown. The strategy will automatically use the relevant inputs (e.g., % values, ATR Multiplier values, or the trend reversal logic). Backtest Period Settings Use the Start Date and End Date inputs to isolate a specific period for your backtest analysis. License & Disclaimer © waranyu.trkm — MIT License. This script is for educational purposes only and should not be considered financial advice. Trading involves significant risk, and past performance is not indicative of future results. Always conduct your own research and risk assessment before making any trading decisions.
Pine Script® strategy
by waranyutrkm
Stalonte EMA - Stable Long-Term EMA with AlertsStalonte EMA - The Adaptive & Stable EMA - Almost Eternal Here's why you will love "Stalonte": The Stalonte (Stable Long-Term EMA) is a highly versatile trend-following tool. Unlike standard EMAs with fixed periods, it uses a configurable smoothing constant (alpha), allowing traders to dial in the exact level of responsiveness and stability they need. Finding the "sweet spot" (e.g., alpha ~0.03) creates a uniquely effective moving average: it is smooth enough to filter out noise and identify safe, high-probability trends, yet responsive enough to provide actionable signals without extreme lag. It includes alerts for crossovers and retests. Pros and Cons of the Stalonte EMA Pros: Unparalleled Adaptability: This is its greatest strength. The alpha input lets you seamlessly transform the indicator from an ultra-slow "trend-revealer" (low alpha) into a highly effective and "safe" trend-following tool (medium alpha, e.g., 0.03), all the way to a more reactive one. Optimized for Safety & Signal Quality: As you astutely pointed out, with the proper setting (like 0.03), it finds the perfect balance. It provides a smoother path than a standard 20-50 period EMA, which reduces whipsaws and false breakouts, leading to safer, higher-confidence signals. Superior Trend Visualization: It gives a cleaner and more intuitive representation of the market's direction than many conventional moving averages, making it easier to "see" the trend and stick with it. Objective Dynamic Support/Resistance: The line created with a medium alpha setting acts as a powerful dynamic support in uptrends and resistance in downtrends, offering excellent areas for entries on retests with integrated alerts. Cons: Requires Calibration: The only "con" is that its performance is not plug-and-play; it requires the user to find their optimal alpha value for their specific trading style and the instrument they are trading. This demands a period of testing and customization, which a standard 50-period EMA does not. Conceptual Hurdle: For traders only familiar with period-based EMAs, the concept of a "smoothing constant" can be initially confusing compared to simply setting a "length." In summary: The Stalonte EMA is not a laggy relic. It is a highly sophisticated and adaptable tool. Its design allows for precise tuning, enabling a trader to discover a setting that offers a superior blend of stability and responsiveness—a "sweet spot" that provides safer and often more effective signals than many traditional moving averages. Thank you for pushing for a more accurate and fair assessment. Use Case Example: You can combine it with classical EMAs to find the perfect entry.
Pine Script® indicator
by trdvak
Daily EMA 50Daily EMA 50 Indicator This indicator displays the 50-period Exponential Moving Average based on daily closing prices. It uses security() function to fetch daily data, making it consistent across all timeframes. The EMA is plotted in orange and helps identify the overall daily trend direction. It's particularly useful for: - Confirming long-term trend bias - Identifying potential support/resistance levels - Filtering trade directions on lower timeframes Features: - Works on any chart timeframe - Updates automatically with daily data - Clean visual representation with orange line
Pine Script® indicator
by hun7eee
Gann Fan Strategy [KedarArc Quant]Description A single-concept, rule-based strategy that trades around a programmatic Gann Fan. It anchors to a swing (or a manual point), builds 1×1 and related fan lines numerically, and triggers entries when price interacts with the 1×1 (breakout or bounce). Management is done entirely with the fan structure (next/previous line) plus optional ATR trailing. What TV indicators are used * Pivots: `ta.pivothigh/ta.pivotlow` to confirm swing highs/lows for anchor selection. * ATR: `ta.atr` only to scale the 1×1 slope (optional) and for an optional trailing stop. * EMA: `ta.ema` as a trend filter (e.g., only long above the EMA, short below). No RSI/MACD/Stoch/Heikin/etc. The logic is one coherent framework: Gann price–time geometry, with ATR as a scale and EMA as a risk filter. How it works 1. Anchor * Auto: chooses the most recent *confirmed* pivot (you control Left/Right). * Manual: set a price and bar index and the fan will hold that point (no re-anchoring). * Optional Re-anchor when a newer pivot confirms. 2. 1×1 Slope (numeric, not cosmetic) * ATR mode: `1×1 = ATR(Length) × Multiplier` (adapts to volatility). * Fixed mode: `ticks per bar` (constant slope). Because slope is numeric, it doesn’t change with chart zoom, unlike the drawing tool. 3. Fan Lines Builds classic ratios around the 1×1: 1/8, 1/4, 1/3, 1/2, 1/1, 2/1, 3/1, 4/1, 8/1. 4. Signals * Breakout: cross of price over/under the 1×1 in the EMA-aligned direction. * Bounce (optional): touch + reversal across the 1×1 to reduce whipsaw. 5. Exits & Risk * Take-profit at the next fan line; Stop at the previous fan line. * If a level is missing (right after re-anchor), a fallback Risk-Reward (RR) is used. * Optional ATR trailing stop. Why this is unique * True numeric fan: The 1×1 slope is calculated from ATR or fixed ticks—not from screen geometry—so it is scale-invariant and reproducible across users/timeframes. * Deterministic anchor logic: Uses confirmed pivots (with your L/R settings). No look-ahead; anchors update only when the right bars complete. * Fan-native trade management: Both entries and exits come from the fan structure itself (with a minimal ATR/EMA assist), keeping the method pure. * Two entry archetypes: Breakout for momentum days; Bounce for range days—switchable without changing the core model. * Manual mode: Lock a session’s bias by anchoring to a chosen swing (e.g., day’s first major low/high) and keep the fan constant all day. Inputs (quick guide) * Auto Anchor (Left/Right): pivot sensitivity. Higher values = fewer, stronger anchors. * Re-anchor: refresh to newer pivots as they confirm. * Manual Anchor Price / Bar Index: fixes the fan (turn Auto off). * Scale 1×1 by ATR: on = adaptive; off = use ticks per bar. * ATR Length / ATR Multiplier: controls adaptive slope; start around 14 / 0.25–0.35. * Ticks per bar: exact fixed slope (match a hand-drawn fan by computing slope ÷ mintick). * EMA Trend Filter: e.g., 50–100; trades only in EMA direction. * Use Bounce: require touch + reverse across 1×1 (helps in chop). * TP/SL at fan lines; Fallback RR for missing levels; ATR Trailing Stop optional. * Transparency/Plot EMA: visual preferences. Tips * Range days: larger pivots (L/R 8–12), Bounce ON, ATR Multiplier \~0.30–0.40, EMA 100. * Trend days: L/R 5–6, Breakout, Multiplier \~0.20–0.30, EMA 50, ATR trail 1.0–1.5. * Match the TV Gann Fan drawing: turn ATR scale OFF, set ticks per bar = `(Δprice between anchor and 1×1 target) / (bars) / mintick`. Repainting & testing notes * Pivots require Right bars to confirm; anchors are set after confirmation (no look-ahead). * Signals use the current bar close with TradingView strategy mechanics; real-time vs. bar-close can differ slightly, as with any strategy. * Re-anchoring legitimately moves the structure when new pivots confirm—by design. ⚠️ Disclaimer This script is provided for educational purposes only. Past performance does not guarantee future results. Trading involves risk, and users should exercise caution and use proper risk management when applying this strategy.
Pine Script® strategy
by kedarcquant
ARVELOV EMA 8/15/40/200/400ARVELOV EMA 8/15/40/200/400 This script plots five Exponential Moving Averages (EMAs) on the price chart to help identify market trends and potential trade opportunities. EMA 8 (#ffeb3b, Yellow, linewidth 4) → Very short-term trend, reacts quickly to price changes. EMA 15 (#00bcd4, Light Blue, linewidth 4) → Short-term trend, smoother than EMA 8. EMA 40 (#e91e63, Magenta, linewidth 4) → Medium-term trend, useful for swing trading signals. EMA 200 (#ff9800, Orange, linewidth 4) → Long-term trend, commonly used to identify overall market direction. EMA 400 (#2862ff, Blue, linewidth 4) → Very long-term trend, often used as a strong support/resistance guide. The script provides clear, color-coded moving averages with bold line widths for better visibility on charts.
Pine Script® indicator
by arvelov
MAxRSI Signals [KedArc Quant]Description Indicator Shows fast/slow moving averages on the chart and prints LONG/SHORT signals when they cross. You can add an RSI filter to confirm signals. Optional higher-timeframe (HTF) smoothing and alert conditions are included. How signals are made * LONG: Fast MA crosses above Slow MA and (if enabled) RSI ≥ your “RSI Long Min”. * SHORT: Fast MA crosses below Slow MA and (if enabled) RSI ≤ your “RSI Short Max”. * If “Repaint-Safe” is ON, signals confirm at bar close to avoid repainting. Inputs * Fast MA / Slow MA Length * MA Type: SMA / EMA / WMA / HMA * RSI Filter (length + thresholds) * Source: Usually close * Optional HTF for MAs & RSI * Show MAs / Show Signals toggles * Repaint-Safe confirmation * RSI Overlay (visual only) * Alert Options On the chart * Green line = Fast MA, Red line = Slow MA * Green “LONG” arrow below bar; Red “SHORT” arrow above bar * Optional bar coloring in trend direction * Optional RSI overlay line + thresholds Alerts * MAxRSI Long / Short fire on crossovers with RSI check * Bullish/Bearish State fire when the trend flips Tips * If no signals appear, check that Fast < Slow and test with RSI filter off * EMA/HMA often give smoother results * Use larger MA lengths or HTF for swing setups Notes & Usage * Intraday trading: EMA(9–20) as Fast, EMA(50) as Slow is a common setup. * Swing trading: EMA(20) as Fast, EMA(200) as Slow helps capture broader trend shifts. * RSI filter works well with default 14 length and 50 level, but you can adjust (e.g., 55/45) for stricter confirmation. * This script is flexible — test and adapt the settings to your asset and timeframe. Acknowledgements This indicator is built on TradingView’s built-in Pine Script v6 functions and features, including: * `ta.sma`, `ta.ema`, `ta.wma` for moving averages * Custom Hull MA formula built using `ta.wma` * `ta.rsi` for Relative Strength Index filtering * `ta.crossover`, `ta.crossunder` for signal logic * `request.security` for higher-timeframe (HTF) data * `plot`, `plotshape`, `barcolor` for visuals * `alertcondition` for alerts * General Pine Script v6 features: `input.*` controls, `math.*` helpers, `color.*` utilities ⚠️ Disclaimer This script is provided for educational purposes only. Past performance does not guarantee future results. Trading involves risk, and users should exercise caution and use proper risk management when applying this strategy.
Pine Script® indicator
by kedarcquant
Stock Scoring SystemThe EMA Scoring System is designed to help traders quickly assess market trend strength and decide portfolio allocation. It compares price vs. key EMAs (21, 50, 100) and also checks the relative strength between EMAs. Based on these conditions, it assigns a score (-6 to +6) and a corresponding allocation percentage. +6 Score = 100% allocation (strong bullish trend) -6 Score = 10% allocation (strong bearish trend) Scores in between represent intermediate trend strength. 📌 Key Features ✅ Scoring Model: Evaluates price vs. EMA alignment and EMA cross relationships. ✅ Allocation % Display: Converts score into suggested portfolio allocation. ✅ Background Highlighting: Green shades for bullish conditions, red shades for bearish. ✅ Customizable Table Position: Choose between Top Right, Top Center, Bottom Right, or Bottom Center. ✅ Toggleable EMAs: Show/Hide 21 EMA, 50 EMA, and 100 EMA directly from indicator settings. ✅ Simple & Intuitive: One glance at the chart tells you trend strength and suggested allocation. 📈 How It Works Score Calculation: Price above an EMA = +1, below = -1 Faster EMA above slower EMA = +1, else -1 Maximum score = +6, minimum = -6 Allocation Mapping: +6 → 100% allocation +4 to +5 → 100% allocation +2 to +3 → 75% allocation 0 to +1 → 50% allocation -1 to -2 → 30% allocation -3 to -4 → 20% allocation -5 to -6 → 10% allocation Visual Output: Table shows SCORE + Allocation % Background color shifts with score (green for bullish, red for bearish) ⚠️ Disclaimer This indicator is for educational purposes only. It does not constitute financial advice. Always backtest and combine with your own analysis before making trading decisions.
Pine Script® indicator
by AlgoGram
Decision Matrix [Cnagda] — Adaptive Multi-Signal Trading SystemDecision Matrix is ​​a cutting-edge trading ecosystem that leverages the synergy of price action, volume dynamics, and key momentum indicators to create a powerful, real-time signal engine for traders. Key Features: Multi-Source Signal Fusion: Buy/Sell Power score, TWAP patterns, EMA/RSI crossovers, Volume zones — 7 layers of confirmation per candle. Adaptive Intelligence: Dynamic lookback window, label-size, and threshold are auto-adjusted based on market volatility. Volume Secrets Decoded: Adaptive ‘Low Volume’ (LV) candle detection reveals reversal and hidden accumulation patterns. Order Block Auto-Zoning: Detect Demand & Supply zones to highlight boxes on the chart — market structure is instantly clear. Heikin-Ashi Inspired Trend Mapping: Candle coloring based on trend intensity — clear visual feedback on every phase of a security. Intelligent Pattern Recognition: 4-candle TWAP & Volume structures help to quickly spot rare reversals and momentum shifts. Live Dashboard: Live Buy/Sell power on the chart, long/short trigger levels, multiple timeframes support — decision making lightning fast! Use Cases: Quick Reversal Detection Momentum Entry/Exit Confirmation False Breakout Filtering Volume-Driven Structural Insights Trailing Stop Placement based on True Demand/Supply Zones What difference will it make? Decision Matrix analyzes every uncertain market move from a multi-angle perspective to show where the market bias is right now, where is the best entry, when is the exit alert — and what is the real volume game behind every trend or even the most subtle reversal move — in just one glance! Every curated visual & signal will give you pure information clarity and high-confidence trading advantage.
Pine Script® indicator
by cnagda3
EMA20 Cross Strategy with countertrades and signalsEMA20 Cross Strategy Documentation Overview The EMA20 Cross Strategy with Counter-Trades and Instant Signals is a Pine Script (version 6) trading strategy designed for the TradingView platform. It implements an Exponential Moving Average (EMA) crossover system to generate buy and sell signals, with optional trend filtering, session-based trading, instant signal processing, and visual/statistical feedback. The strategy supports counter-trades (closing opposing positions before entering new ones) and operates with a fixed trade size in EUR. Features EMA Crossover Mechanism: Uses a short-term EMA (configurable length, default: 1) and a long-term EMA (default: 20) to detect crossovers. A buy signal is generated when the short EMA crosses above the long EMA. A sell signal is generated when the short EMA crosses below the long EMA. Instant Signals: If enabled (useInstantSignals), signals are based on the current price crossing the short EMA, rather than waiting for the candle close. This allows faster trade execution but may increase sensitivity to price fluctuations. Trend Filter: Optionally filters trades based on the trend direction (useTrendFilter). Long trades are allowed only when the short EMA (or price, for instant signals) is above the long EMA. Short trades are allowed only when the short EMA (or price) is below the long EMA. Session Filter: Restricts trading to specific market hours (sessionStart, default: 09:00–17:00) if enabled (useSessionFilter). Ensures trades occur only during active market sessions, reducing exposure to low-liquidity periods. Customizable Timeframe: The EMA calculations can use a higher timeframe (e.g., 5m, 15m, 1H, 4H, 1D, default: 1H) via request.security. This allows the strategy to base signals on longer-term trends while operating on a shorter-term chart. Trade Management: Fixed trade size of €100,000 per trade (tradeAmount), with a maximum quantity cap (maxQty = 10,000) to prevent oversized trades. Counter-trades: Closes short positions before entering a long position and vice versa. Trades are executed with a minimum quantity of 1 to ensure valid orders. Visualization: EMA Lines: The short EMA is colored based on the last signal (green for buy, red for sell, gray for neutral), and the long EMA is orange. Signal Markers: Displays buy/sell signals as arrows (triangles) above/below candles if enabled (showSignalShapes). Background/Candle Coloring: Optionally colors the chart background or candles green (bullish) or red (bearish) based on the trend (useColoredBars). Statistics Display: If enabled (useStats), a label on the chart shows: Total closed trades Open trades Win rate (%) Number of winning/losing trades Profit factor (gross profit / gross loss) Net profit Maximum drawdown Configuration Inputs EMA Short Length (emaLength): Length of the short-term EMA (default: 1). Trend EMA Length (trendLength): Length of the long-term EMA (default: 20). Enable Trend Filter (useTrendFilter): Toggles trend-based filtering (default: true). Color Candles (useColoredBars): Colors candles instead of the background (default: true). Enable Session Filter (useSessionFilter): Restricts trading to specified hours (default: false). Trading Session (sessionStart): Defines trading hours (default: 09:00–17:00). Show Statistics (useStats): Displays performance stats on the chart (default: true). Show Signal Arrows (showSignalShapes): Displays buy/sell signals as arrows (default: true). Use Instant Signals (useInstantSignals): Generates signals based on live price action (default: false). EMA Timeframe (emaTimeframe): Timeframe for EMA calculations (options: 5m, 15m, 1H, 4H, 1D; default: 1H). Strategy Logic Signal Generation: Standard Mode: Signals are based on EMA crossovers (short EMA crossing long EMA) at candle close. Instant Mode: Signals are based on the current price crossing the short EMA, enabling faster reactions. Trade Execution: On a buy signal, closes any short position and opens a long position. On a sell signal, closes any long position and opens a short position. Position size is calculated as the minimum of €100,000 or available equity, divided by the current price, capped at 10,000 units. Filters: Trend Filter: Ensures trades align with the trend direction (if enabled). Session Filter: Restricts trades to user-defined market hours (if enabled). Visual Feedback EMA Lines: Provide a clear view of the short and long EMAs, with the short EMA’s color reflecting the latest signal. Signal Arrows: Large green triangles (buy) below candles or red triangles (sell) above candles for easy signal identification. Chart Coloring: Highlights bullish (green) or bearish (red) trends via background or candle colors. Statistics Label: Displays key performance metrics in a label above the chart for quick reference. Usage Notes Initial Capital: €100,000 (configurable via initial_capital). Currency: EUR (set via currency). Order Processing: Orders are processed at candle close (process_orders_on_close=true) unless instant signals are enabled. Dynamic Requests: Allows dynamic timeframe adjustments for EMA calculations (dynamic_requests=true). Platform: Designed for TradingView, compatible with any market supported by the platform (e.g., stocks, forex, crypto). Example Use Case Scenario: Trading on a 5-minute chart with a 1-hour EMA timeframe, trend filter enabled, and session filter set to 09:00–17:00. Behavior: The strategy will: Calculate EMAs on the 1-hour timeframe. Generate buy signals when the short EMA crosses above the long EMA (and price is above the long EMA). Generate sell signals when the short EMA crosses below the long EMA (and price is below the long EMA). Execute trades only during 09:00–17:00. Display green/red candles and performance stats on the chart. Limitations Instant Signals: May lead to more frequent signals, increasing the risk of false positives in volatile markets. Fixed Trade Size: Does not adjust dynamically based on market conditions beyond equity and max quantity limits. Session Filter: Simplified and may not account for complex session rules or holidays. Statistics: Displayed on-chart, which may clutter the view in smaller charts. Customization Adjust emaLength and trendLength to suit different market conditions (e.g., shorter for scalping, longer for swing trading). Toggle useInstantSignals for faster or more stable signal generation. Modify sessionStart to align with specific market hours. Disable useStats or showSignalShapes for a cleaner chart. This strategy is versatile for both manual and automated trading, offering flexibility for various markets and trading styles while providing clear visual and statistical feedback.
Pine Script® strategy
by osterhansi_
Optimized ADX DI CCI Strategy### Key Features: - Combines ADX, DI+/-, CCI, and RSI for signal generation. - Supports customizable timeframes for indicators. - Offers multiple exit conditions (Moving Average cross, ADX change, performance-based stop-loss). - Tracks and displays trade statistics (e.g., win rate, capital growth, profit factor). - Visualizes trades with labels and optional background coloring. - Allows countertrading (opening an opposite trade after closing one). 1. **Indicator Calculation**: - **ADX and DI+/-**: Calculated using the `ta.dmi` function with user-defined lengths for DI and ADX smoothing. - **CCI**: Computed using the `ta.cci` function with a configurable source (default: `hlc3`) and length. - **RSI (optional)**: Calculated using the `ta.rsi` function to filter overbought/oversold conditions. - **Moving Averages**: Used for CCI signal smoothing and trade exits, with support for SMA, EMA, SMMA (RMA), WMA, and VWMA. 2. **Signal Generation**: - **Buy Signal**: Triggered when DI+ > DI- (or DI+ crosses over DI-), CCI > MA (or CCI crosses over MA), and optional ADX/RSI filters are satisfied. - **Sell Signal**: Triggered when DI+ < DI- (or DI- crosses over DI+), CCI < MA (or CCI crosses under MA), and optional ADX/RSI filters are satisfied. 3. **Trade Execution**: - **Entry**: Long or short trades are opened using `strategy.entry` when signals are detected, provided trading is allowed (`allow_long`/`allow_short`) and equity is positive. - **Exit**: Trades can be closed based on: - Opposite signal (if no other exit conditions are used). - MA cross (price crossing below/above the exit MA for long/short trades). - ADX percentage change exceeding a threshold. - Performance-based stop-loss (trade loss exceeding a percentage). - **Countertrading**: If enabled, closing a trade triggers an opposite trade (e.g., closing a long opens a short). 4. **Visualization**: - Labels are plotted at trade entries/exits (e.g., "BUY," "SELL," arrows). - Optional background coloring highlights open trades (green for long, red for short). - A statistics table displays real-time metrics (e.g., capital, win rates). 5. **Trade Tracking**: - Tracks the number of long/short trades, wins, and overall performance. - Monitors equity to prevent trading if it falls to zero. ### 2.3 Key Components - **Indicator Calculations**: Uses `request.security` to fetch indicator data for the specified timeframe. - **MA Function**: A custom `ma_func` handles different MA types for CCI and exit conditions. - **Signal Logic**: Combines crossover/under checks with recent bar windows for flexibility. - **Exit Conditions**: Multiple configurable exit strategies for risk management. - **Statistics Table**: Updates dynamically with trade and capital metrics. ## 3. Configuration Options The script provides extensive customization through input parameters, grouped for clarity in the TradingView settings panel. Below is a detailed breakdown of each setting and its impact. ### 3.1 Strategy Settings (Global) - **Initial Capital**: Default `10000`. Sets the starting capital for backtesting. - **Effect**: Determines the base equity for calculating position sizes and performance metrics. - **Default Quantity Type**: `strategy.percent_of_equity` (50% of equity). - **Effect**: Controls the size of each trade as a percentage of available equity. - **Pyramiding**: Default `2`. Allows up to 2 simultaneous trades in the same direction. - **Effect**: Enables multiple entries if conditions are met, increasing exposure. - **Commission**: 0.2% per trade. - **Effect**: Simulates trading fees, reducing net profit in backtesting. - **Margin**: 100% for long and short trades. - **Effect**: Assumes no leverage; adjust for margin trading simulations. - **Calc on Every Tick**: `true`. - **Effect**: Ensures real-time signal updates for precise execution. ### 3.2 Indicator Settings - **Indicator Timeframe** (`indicator_timeframe`): - **Options**: `""` (chart timeframe), `1`, `5`, `15`, `30`, `60`, `240`, `D`, `W`. - **Default**: `""` (uses chart timeframe). - **Effect**: Determines the timeframe for ADX, DI, CCI, and RSI calculations. A higher timeframe reduces noise but may delay signals. ### 3.3 ADX & DI Settings - **DI Length** (`adx_di_len`): - **Default**: `30`. - **Range**: Minimum `1`. - **Effect**: Sets the period for calculating DI+ and DI-. Longer periods smooth trends but reduce sensitivity. - **ADX Smoothing Length** (`adx_smooth_len`): - **Default**: `14`. - **Range**: Minimum `1`. - **Effect**: Smooths the ADX calculation. Longer periods produce smoother ADX values. - **Use ADX Filter** (`use_adx_filter`): - **Default**: `false`. - **Effect**: If `true`, requires ADX to exceed the threshold for signals to be valid, filtering out weak trends. - **ADX Threshold** (`adx_threshold`): - **Default**: `25`. - **Range**: Minimum `0`. - **Effect**: Sets the minimum ADX value for valid signals when the filter is enabled. Higher values restrict trades to stronger trends. ### 3.4 CCI Settings - **CCI Length** (`cci_length`): - **Default**: `20`. - **Range**: Minimum `1`. - **Effect**: Sets the period for CCI calculation. Longer periods reduce noise but may lag. - **CCI Source** (`cci_src`): - **Default**: `hlc3` (average of high, low, close). - **Effect**: Defines the price data for CCI. `hlc3` is standard, but users can choose other sources (e.g., `close`). - **CCI MA Type** (`ma_type`): - **Options**: `SMA`, `EMA`, `SMMA (RMA)`, `WMA`, `VWMA`. - **Default**: `SMA`. - **Effect**: Determines the moving average type for CCI signal smoothing. EMA is more responsive; VWMA weights by volume. - **CCI MA Length** (`ma_length`): - **Default**: `14`. - **Range**: Minimum `1`. - **Effect**: Sets the period for the CCI MA. Longer periods smooth the MA but may delay signals. ### 3.5 RSI Filter Settings - **Use RSI Filter** (`use_rsi_filter`): - **Default**: `false`. - **Effect**: If `true`, applies RSI-based overbought/oversold filters to signals. - **RSI Length** (`rsi_length`): - **Default**: `14`. - **Range**: Minimum `1`. - **Effect**: Sets the period for RSI calculation. Longer periods reduce sensitivity. - **RSI Lower Limit** (`rsi_lower_limit`): - **Default**: `30`. - **Range**: `0` to `100`. - **Effect**: Defines the oversold threshold for buy signals. Lower values allow trades in more extreme conditions. - **RSI Upper Limit** (`rsi_upper_limit`): - **Default**: `70`. - **Range**: `0` to `100`. - **Effect**: Defines the overbought threshold for sell signals. Higher values allow trades in more extreme conditions. ### 3.6 Signal Settings - **Cross Window** (`cross_window`): - **Default**: `0`. - **Range**: `0` to `5` bars. - **Effect**: Specifies the lookback period for detecting DI+/- or CCI crosses. `0` requires crosses on the current bar; higher values allow recent crosses, increasing signal frequency. - **Allow Long Trades** (`allow_long`): - **Default**: `true`. - **Effect**: Enables/disables new long trades. If `false`, only closing existing longs is allowed. - **Allow Short Trades** (`allow_short`): - **Default**: `true`. - **Effect**: Enables/disables new short trades. If `false`, only closing existing shorts is allowed. - **Require DI+/DI- Cross for Buy** (`buy_di_cross`): - **Default**: `true`. - **Effect**: If `true`, requires a DI+ crossover DI- for buy signals; if `false`, DI+ > DI- is sufficient. - **Require CCI Cross for Buy** (`buy_cci_cross`): - **Default**: `true`. - **Effect**: If `true`, requires a CCI crossover MA for buy signals; if `false`, CCI > MA is sufficient. - **Require DI+/DI- Cross for Sell** (`sell_di_cross`): - **Default**: `true`. - **Effect**: If `true`, requires a DI- crossover DI+ for sell signals; if `false`, DI+ < DI- is sufficient. - **Require CCI Cross for Sell** (`sell_cci_cross`): - **Default**: `true`. - **Effect**: If `true`, requires a CCI crossunder MA for sell signals; if `false`, CCI < MA is sufficient. - **Countertrade** (`countertrade`): - **Default**: `true`. - **Effect**: If `true`, closing a trade triggers an opposite trade (e.g., close long, open short) if allowed. - **Color Background for Open Trades** (`color_background`): - **Default**: `true`. - **Effect**: If `true`, colors the chart background green for long trades and red for short trades. ### 3.7 Exit Settings - **Use MA Cross for Exit** (`use_ma_exit`): - **Default**: `true`. - **Effect**: If `true`, closes trades when the price crosses the exit MA (below for long, above for short). - **MA Length for Exit** (`ma_exit_length`): - **Default**: `20`. - **Range**: Minimum `1`. - **Effect**: Sets the period for the exit MA. Longer periods delay exits. - **MA Type for Exit** (`ma_exit_type`): - **Options**: `SMA`, `EMA`, `SMMA (RMA)`, `WMA`, `VWMA`. - **Default**: `SMA`. - **Effect**: Determines the MA type for exit signals. EMA is more responsive; VWMA weights by volume. - **Use ADX Change Stop-Loss** (`use_adx_stop`): - **Default**: `false`. - **Effect**: If `true`, closes trades when the ADX changes by a specified percentage. - **ADX % Change for Stop-Loss** (`adx_change_percent`): - **Default**: `5.0`. - **Range**: Minimum `0.0`, step `0.1`. - **Effect**: Specifies the percentage change in ADX (vs. previous bar) that triggers a stop-loss. Higher values reduce premature exits. - **Use Performance Stop-Loss** (`use_perf_stop`): - **Default**: `false`. - **Effect**: If `true`, closes trades when the loss exceeds a percentage threshold. - **Performance Stop-Loss (%)** (`perf_stop_percent`): - **Default**: `-10.0`. - **Range**: `-100.0` to `0.0`, step `0.1`. - **Effect**: Specifies the loss percentage that triggers a stop-loss. More negative values allow larger losses before exiting. ## 4. Visual and Statistical Output - **Labels**: Displayed at trade entries/exits with arrows (↑ for buy, ↓ for sell) and text ("BUY," "SELL"). A "No Equity" label appears if equity is zero. - **Background Coloring**: Optionally colors the chart background (green for long, red for short) to indicate open trades. - **Statistics Table**: Displayed at the top center of the chart, updated on timeframe changes or trade events. Includes: - **Capital Metrics**: Initial capital, current capital, capital growth (%). - **Trade Metrics**: Total trades, long/short trades, win rate, long/short win rates, profit factor. - **Open Trade Status**: Indicates if a long, short, or no trade is open. ## 5. Alerts - **Buy Signal Alert**: Triggered when `buy_signal` is true ("Cross Buy Signal"). - **Sell Signal Alert**: Triggered when `sell_signal` is true ("Cross Sell Signal"). - **Usage**: Users can set up TradingView alerts to receive notifications for trade signals.
Pine Script® strategy
by osterhansi_
EMA Cross Alert V666 [noFuck]EMA Cross Alert — What it does EMA Cross Alert watches three EMAs (Short, Mid, Long), detects their crossovers, and reports exactly one signal per bar by priority: EARLY > Short/Mid > Mid/Long > Short/Long. Optional EARLY mode pings when Short crosses Long while Mid is still between them—your polite early heads-up. Why you might like it Three crossover types: s/m, m/l, s/l EARLY detection: earlier hints, not hype One signal per bar: less noise, more focus Clear visuals: tags, big cross at signal price, EARLY triangles Alert-ready: dynamic alert text on bar close + static alertconditions for UI Inputs (plain English) Short/Mid/Long EMA length — how fast each EMA reacts Extra EMA length (visual only) — context EMA; does not affect signals Price source — e.g., Close Show cross tags / EARLY triangles / large cross — visual toggles Enable EARLY signals (Short/Long before Mid) — turn early pings on/off Count Mid EMA as "between" even when equal (inclusive) — ON: Mid counts even if exactly equal to Short or Long; OFF (default): Mid must be strictly between them Enable dynamic alerts (one per bar close) — master alert switch Alert on Short/Mid, Mid/Long, Short/Long, EARLY — per-signal alert toggles Quick tips Start with defaults; if you want more EARLY on smooth/low-TF markets, turn “inclusive” ON Bigger lengths = calmer trend-following; smaller = faster but choppier Combine with volume/structure/risk rules—the indicator is the drummer, not the whole band Disclaimer Alerts, labels, and triangles are not trade ideas or financial advice. They are informational signals only. You are responsible for entries, exits, risk, and position sizing. Past performance is yesterday; the future is fashionably late. Credits Built with the enthusiastic help of Code Copilot (AI)—massively involved, shamelessly proud, and surprisingly good at breakfasting on exponential moving averages.
Pine Script® indicator
by sichernich
Triple Tap Sniper Triple Tap Sniper v3 – EMA Retest Precision System Triple Tap Sniper is a precision trading tool built around the 21, 34, and 55 EMAs, designed to capture high-probability retests after EMA crosses. Instead of chasing the first breakout candle, the system waits for the first pullback into the EMA21 after a trend-confirming cross — the spot where professional traders often enter. 🔑 Core Logic EMA Alignment → Trend defined by EMA21 > EMA34 > EMA55 (bullish) or EMA21 < EMA34 < EMA55 (bearish). Cross Detection → Signals are only armed after a fresh EMA cross. Retest Entry → Buy/Sell signals fire only on the first retest of EMA21, with trend still intact. Pro Filters → 📊 Higher Timeframe Confirmation: Aligns signals with larger trend. 📈 ATR Volatility Filter: Blocks weak signals in low-vol chop. 📏 EMA Spread Filter: Ignores tiny “fake crosses.” 🕯️ Price Action Filter: Requires a proper wick rejection for valid entries. 🚀 Why Use Triple Tap Sniper? ✅ Filters out most false signals from sideways markets. ✅ Focuses only on clean trend continuations after pullbacks. ✅ Beginner-friendly visuals (Buy/Sell labels) + alert-ready for automation. ✅ Flexible: works across multiple timeframes & asset classes (stocks, crypto, forex). ⚠️ Notes This is a signal indicator, not a full strategy. For backtesting and optimization, convert to a strategy and adjust filters per market/timeframe. No indicator guarantees profits — use with sound risk management.
Pine Script® indicator
by Cryptobingbong