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PowerHouse SwiftEdge AI v2.10 with Custom Filters & AI AnalysisPowerHouse SwiftEdge AI v2.10 with Custom Filters & AI Analysis Overview PowerHouse SwiftEdge AI v2.10 is an advanced TradingView Pine Script indicator designed to identify high-probability trading setups by combining pivot-based structure analysis, multi-timeframe trend detection, and adaptive AI-driven signal filtering. The script integrates Change of Character (CHoCH) and Break of Structure (BOS) signals with customizable momentum, volume, breakout, and trend filters to enhance trade precision. Additionally, it offers an optional AI Market Analysis module that predicts future price trends across multiple timeframes, providing traders with a comprehensive market outlook. The script is highly customizable, allowing users to tailor inputs to their trading style, whether for scalping, swing trading, or long-term strategies. It is suitable for all asset classes, including stocks, forex, crypto, and commodities, and performs optimally on timeframes ranging from 1-minute to daily charts. Key Features Pivot-Based Signal Generation: Identifies pivot highs and lows to detect CHoCH (reversal patterns) and BOS (continuation patterns). Signals are plotted as "Buy" or "Sell" labels with optional "Get Ready" pre-signals to prepare traders for potential setups. Take-profit (TP) levels are automatically calculated based on user-defined points, with optional TP box visualization. Multi-Timeframe Trend Analysis: Analyzes trends across seven timeframes (1M, 5M, 15M, 30M, 1H, 4H, D) using EMA and VWAP to determine bullish, bearish, or neutral conditions. Displays a futuristic AI-Trend Matrix dashboard showing trend direction, strength, and confidence levels for quick decision-making. Customizable Signal Filters: Momentum Filter: Ensures signals align with significant price changes, adjusted dynamically using ATR-based volatility. Higher Timeframe Trend Filter: Requires signals to align with the trend of a user-selected higher timeframe (e.g., 1H). Lower Timeframe Trend Filter: Prevents signals that conflict with the trend of a user-selected lower timeframe (e.g., 5M). Volume Filter: Optionally requires above-average volume to confirm signals. Breakout Filter: Optionally requires price to break previous highs/lows for signal validation. Repeated Signal Restriction: Prevents consecutive signals in the same trend direction until the trend changes on a user-defined timeframe. AI-Driven Adaptivity: Incorporates Cumulative Volume Delta (CVD) to assess buying/selling pressure and classify market volatility (Low, Medium, High). Uses ATR to dynamically adjust momentum thresholds, ensuring signals adapt to current market conditions. Optional AI Market Analysis module predicts trends across multiple timeframes by combining trend, momentum, and volatility scores. Visual Elements: Plots CHoCH and BOS levels as horizontal lines with distinct colors (aqua for CHoCH sell, lime for CHoCH buy, fuchsia for BOS sell, teal for BOS buy). Draws dynamic support and resistance trendlines based on short and long-term price action, colored by trend strength. Displays TP levels and pivot highs/lows for easy reference. How It Works The script combines several technical analysis concepts to create a robust trading system: Market Structure Analysis: Pivot highs and lows are identified using a user-defined lookback period (Pivot Length). CHoCH occurs when price crosses below a pivot high (bearish reversal) or above a pivot low (bullish reversal). BOS occurs when price breaks a previous pivot low (bearish continuation) or pivot high (bullish continuation). Trend and Momentum Integration: Trends are determined by comparing price to EMA and VWAP on multiple timeframes. Momentum is calculated as the percentage price change, with thresholds adjusted by ATR to account for volatility. "Get Ready" signals appear when momentum approaches the threshold, preparing traders for potential CHoCH or BOS signals. Signal Filtering: Filters ensure signals align with user-defined criteria (e.g., trend direction, volume, breakouts). The Restrict Repeated Signals option prevents over-signaling by requiring a trend change on a specified timeframe before generating a new signal in the same direction. AI Market Analysis: The optional AI module calculates a score for each timeframe based on trend direction, momentum, and volatility (ATR compared to its SMA). Scores are translated into predictions (▲ for bullish, ▼ for bearish, — for neutral), displayed in a dedicated table. CVD and Volatility Context: CVD tracks buying vs. selling pressure by accumulating volume based on price direction. Volatility is classified using CVD magnitude, influencing the script’s visual cues and signal sensitivity. Why This Combination? The integration of pivot-based structure analysis, multi-timeframe trend filtering, and AI-driven adaptivity addresses common trading challenges: Precision: CHoCH and BOS signals focus on key market turning points, reducing noise from minor price fluctuations. Context: Multi-timeframe analysis ensures trades align with broader market trends, improving win rates. Adaptivity: ATR and CVD adjustments make the script responsive to changing market conditions, avoiding static thresholds that fail in volatile or quiet markets. Customization: Extensive input options allow traders to adapt the script to their preferred markets, timeframes, and risk profiles. Predictive Insight: The AI Market Analysis module provides forward-looking trend predictions, helping traders anticipate market moves. This combination creates a self-contained system that balances responsiveness with reliability, making it suitable for both novice and experienced traders. How to Use Add to Chart: Apply the indicator to your TradingView chart for any asset and timeframe. Recommended timeframes: 5M to 1H for scalping/day trading, 4H to D for swing trading. Configure Inputs: Pivot Length: Adjust (default 5) to control sensitivity to pivot highs/lows. Lower values for faster signals, higher for stronger confirmations. Momentum Threshold: Set the minimum price change (default 0.01%) for signals. Increase for stricter conditions. Take Profit Points: Define TP distance (default 10 points). Adjust based on asset volatility. Signal Filters: Enable/disable filters (momentum, trend, volume, breakout) to match your strategy. Higher/Lower Timeframe: Select timeframes for trend alignment (e.g., 1H for higher, 5M for lower). AI Market Analysis: Enable for predictive trend insights across timeframes. Get Ready Signals: Enable to see pre-signals for potential setups. Interpret Signals: Buy/Sell Labels: Act on green "Buy" or red "Sell" labels, confirming with TP levels and trend direction. Get Ready Labels: Yellow "Get Ready BUY" or orange "Get Ready SELL" indicate potential setups; prepare but wait for confirmation. CHoCH/BOS Lines: Use aqua/lime (CHoCH) and fuchsia/teal (BOS) lines as key support/resistance levels. AI-Trend Matrix: Check the top-right dashboard for trend strength (%), confidence (%), and timeframe-specific trends. AI Market Analysis Table: If enabled, view predictions (▲/▼/—) for each timeframe to anticipate market direction. Trading Tips: Combine signals with other indicators (e.g., RSI, MACD) for additional confirmation. Use higher timeframe trend alignment for higher-probability trades. Adjust TP and signal distance based on asset volatility and trading style. Monitor the AI-Trend Matrix for trend strength; values above 50% or below -50% indicate strong directional bias. Originality PowerHouse SwiftEdge AI v2.10 stands out due to its unique blend of: Adaptive Signal Generation: ATR-based momentum thresholds and CVD-driven volatility context ensure signals remain relevant across market conditions. Multi-Timeframe Synergy: The script’s ability to filter signals based on both higher and lower timeframe trends provides a rare balance of precision and context. AI-Powered Insights: The AI Market Analysis module offers predictive capabilities not commonly found in traditional indicators, simulating institutional-grade analysis. Visual Clarity: The futuristic dashboard and color-coded trendlines make complex data accessible, enhancing usability for all trader levels. Unlike standalone pivot or trend indicators, this script integrates multiple layers of analysis into a cohesive system, reducing false signals and providing actionable insights without requiring external tools or research. Limitations False Signals: No indicator is foolproof; signals may fail in choppy or low-volume markets. Use filters to mitigate. Timeframe Sensitivity: Performance varies by timeframe and asset. Test settings thoroughly. AI Predictions: The AI Market Analysis is based on historical data and simplified scoring; it’s not a guaranteed forecast. Resource Usage: Enabling all filters and AI analysis may slow performance on lower-end devices.
Pine Script® indicator
by SwiftEdge
1
Median Price RSI DeviationThis indicator is a smoothed RSI-based trend filter that combines median price smoothing, customizable moving averages, and standard deviation bands to identify bullish or bearish conditions: => It first smooths price using a median filter. => Then it calculates RSI on that smoothed price. => The RSI is further smoothed using a selectable moving average (e.g., DEMA, EMA). => Standard deviation bands are applied around this smoothed RSI. Signals: => A bullish signal is triggered when the upper band exceeds a long threshold (default 50). => A bearish signal occurs when the smoothed RSI drops below a short threshold (default 40).
Pine Script® indicator
by EarthlyExile
ATR Based Zigzag w EMAThe "ATR Based Zigzag with EMA" indicator is a refined trend-following tool designed for traders who demand clarity, precision, and robust trend detection. This script uses an ATR (Average True Range)-based breakout mechanism to dynamically determine the current market trend, while overlaying a clean, smoothed EMA (Exponential Moving Average) line to visually represent the active directional bias. The indicator continuously tracks new swing highs and lows based on ATR volatility thresholds. When price moves sufficiently against the current trend — exceeding an ATR-multiplied distance — the trend is considered reversed. This adaptive method ensures that trend flips are based not on arbitrary price action, but on meaningful, volatility-adjusted movements. Instead of plotting zigzag-style pivots which can create visual noise, the indicator draws a single, smooth EMA line calculated from the median price ((high + low) / 2). The color of the line shifts instantly based on the active trend: green (or your customized color) for uptrends, and red for downtrends. In addition, individual price bars are optionally colored to match the trend, further enhancing at-a-glance clarity without cluttering the chart. Key user-defined inputs include the ATR length, ATR multiplier (sensitivity for trend flips), EMA smoothing length (responsiveness of the trend line), and full color customization for uptrend and downtrend states. This indicator excels at providing a clear and immediate understanding of trend conditions, making it highly effective for: Trend-following strategies Reversal spotting based on volatility breaks Entry/exit confirmation Visual chart cleanliness and minimalism Whether used standalone or alongside other tools, the "ATR Based Zigzag with EMA" offers a disciplined, volatility-sensitive view of market structure — engineered for traders who refuse to tolerate noise, hesitation, or ambiguity in their decision-making.
Pine Script® indicator
by HabibiBudo
1
Quantum UT BOT Trend Screener by MrCryptoBTCQuantum UT BOT Trend Screener by MrCryptoBTC (NOT FOR SELL - FREE) The Quantum UT BOT Trend Screener by MrCryptoBTC powered by the UT BOT by Yo_adriiiiaan is designed to help traders identify market trends and manage trades using a dynamic trailing stop based on Average True Range (ATR) and key value sensitivity. It provides real-time trend analysis, buy/sell signals, and alerts to enhance your trading strategy. Inputs: * Key Value (Sensitivity): Controls the sensitivity of the trailing stop. A higher value results in a more responsive trailing stop to market movements. * ATR Period: Defines the number of periods used to calculate the Average True Range (ATR), helping to measure market volatility. Recommended Timeframe: * The Quantum UT BOT Trend Screener is best used on higher timeframes, such as 1-hour (H1), 4-hour (H4), or daily (D1) charts. These timeframes allow for more reliable trend identification and reduce the noise present in lower timeframes. How it Works: * Trailing Stop Calculation: The trailing stop adjusts dynamically based on market volatility, with its distance determined by the ATR and key value. It tracks the price, moving upwards during an uptrend and downwards during a downtrend, locking in profits as the market moves in your favor. * Trend Detection: * Uptrend: When the price crosses above the trailing stop, indicating upward momentum. * Downtrend: When the price crosses below the trailing stop, signaling downward movement. * Neutral: When the price remains within the trailing stop range, indicating no clear trend. Features: 1. Trend Label: Displays the current trend on the chart (Uptrend, Downtrend, or Neutral). 2. Dashboard Table: Shows the currency pair and its trend status on the top-right corner of the chart. 3. Trailing Stop Plot: Visually represents the trailing stop on the chart in green (uptrend), red (downtrend), or blue (neutral). 4. Buy/Sell Signals: Generates buy and sell signals when the price crosses the trailing stop. * Buy: Triggered when the price crosses above the trailing stop. * Sell: Triggered when the price crosses below the trailing stop. 5. Bar Color: The bar color changes to green for uptrends and red for downtrends, visually representing the market condition. 6. Alerts: Receive alerts when: * A buy signal is triggered. * A sell signal is triggered. * An uptrend is detected. * A downtrend is detected. Use Case: Ideal for swing traders, trend-following strategies, or anyone looking to spot and follow key trend changes in the market. This indicator offers clear visual signals and real-time alerts, helping traders stay in profitable trends and avoid false breakouts. Multi-Pair Screening: Pine Script is limited to the current chart’s pair. For multi-pair screening, apply the script to multiple charts or use TradingView’s built-in screener with similar ATR-based criteria. Trend Sensitivity: Adjust key value for tighter or looser trailing stops. Lower values increase sensitivity. Timeframes: Test on various timeframes (e.g., 1H, 4H, 1D) to suit your trading style.
Pine Script® indicator
by MrCryptoBTC
Buy Sell Indicator PROIt uses Average True Range (ATR) to dynamically calculate a trailing stop level that follows price action and adapts to market volatility. The indicator: Plots a dynamic trailing stop line on the chart. Colors the trailing stop line: Green when in an uptrend (long position), Red when in a downtrend (short position), Blue when neutral. Plots Buy/Sell labels based on when the price crosses above or below the trailing stop line. Colors candles green or red depending on whether the price is above or below the trailing stop. It gives alerts for potential Buy and Sell opportunities automatically. 🧠 How It Works (Logic) ATR Calculation: It calculates the ATR (Average True Range) over a chosen period (default: 10 bars). ATR measures market volatility — bigger ATR = bigger stop distance. Trailing Stop Calculation: When the price moves up, the trailing stop also moves up. When the price moves down, the trailing stop moves down. If price crosses the trailing stop, the trend is considered reversed. Buy/Sell Signals: Buy when the price crosses above the trailing stop line. Sell when the price crosses below the trailing stop line. EMA Crossover (Optional Flexibility): By default, the EMA is set to 1 (basically just the close price). But if you change the EMA period input, it can use a smoothed moving average to trigger Buy/Sell, making signals cleaner. 📈 How To Use It Add the Indicator to your chart (make sure it's updated to the v5 version I posted earlier). Adjust the Settings: Key Value (Sensitivity): A higher Key Value = wider trailing stop = fewer but more reliable signals. A lower Key Value = tighter trailing stop = more frequent signals but possibly more noise. ATR Period: Higher period = slower reactions (good for higher timeframes). Lower period = faster reactions (good for scalping or low timeframes). EMA Period: 1 by default. Increasing it will smooth the entry signals. Interpret the Chart: Trailing Stop Line: If price is above the line and the line is green → market is bullish. If price is below the line and the line is red → market is bearish. Buy/Sell Labels: Entry signals are plotted with clear Buy and Sell tags. Candle Colors: Candles turn green when price > trailing stop. Candles turn red when price < trailing stop. Set Alerts: Create a TradingView alert on the Buy and Sell conditions. You will get automatic alerts when a new signal is detected.
Pine Script® indicator
by mkukulski2277c
Weekly Open Range [BigBeluga] A precision weekly range tracker that captures early market positioning from the first moments of the trading week. By dynamically measuring the highest and lowest points from the first three candles after the Sunday 21:00 UTC open, the indicator builds a reactive support and resistance framework for the week ahead. It also visualizes the active range with a dynamic box and provides live updates of the current price movement against the established range boundaries. 🔵 KEY FEATURES Automatically marks the weekly open range starting at Sunday 21:00 UTC . Identify maximum high and minimum low from the first 3 candles after the weekly open. if isWeeklyOpen or isWeeklyOpen or isWeeklyOpen or isWeeklyOpen h = math.max(high, range_box.get_top()) l = math.min(low, range_box.get_bottom()) Draws two horizontal lines from the range extremes, acting as dynamic support/resistance zones throughout the week. Visualizes the range with a semi-transparent box for clear zone identification. Includes a compact dashboard panel with: - Symbol and current price with bullish or bearish bar indication with ▲ / ▼ - Current weekly high/low range values 🔵 USAGE Treat the high and low of the range as support/resistance zones for the week. Combine with volume analysis or liquidity tools for entry confirmation . Refresh your key levels every week as the indicator resets each Sunday night . Works great alongside Smart Money Concepts (ICT) strategies and weekly planning. Weekly Open Range gives traders a reliable structure to anchor their week. With clear range mapping, breakout signals, and intuitive visuals, it becomes a valuable part of any strategic trading approach—especially when precision timing around liquidity zones is key.
Pine Script® indicator
by BigBeluga
5
SuperFib Manual EditThis is a TradingView custom indicator called "SuperFib Manual Edit" that allows traders to draw configurable horizontal lines at specific price levels with customizable text labels. Here's a breakdown of what it does: Main Features Creates up to 6 horizontal lines at user-defined price levels Each line has an associated text label (like "Support 1" or "Superfib") All visual elements are highly customizable Configuration Options Global Line Appearance Customizable line color and thickness (1-4 pixels) Label Appearance Text color Background color with transparency Text size (Tiny, Small, Normal, Large, Huge) Position (Left or Right side of the chart) Individual Line Settings Each of the 6 lines has its own settings group For each line, users can set: Price level (where the line appears) Custom label text Technical Implementation Uses PineScript version 6 Implements helper functions for label size and alignment options Efficiently manages label objects to prevent memory leaks Only updates labels on the last bar for better performance Lines/labels automatically hide if their price input is disabled This indicator would be useful for traders who want to manually mark important price levels like support/resistance zones, Fibonacci levels, or other significant price points with clear visual indicators and labels. The "SuperFib" part of the name suggests it might be specifically designed for marking Fibonacci retracement or extension levels, though it allows for completely manual placement rather than automatic calculation.RetryClaude can make mistakes. Please double-check responses.
Pine Script® indicator
by Turkish_Trader_
[blackcat] L2 EMA NexusOVERVIEW The L2 EMA Nexus is a comprehensive trading indicator that utilizes a three-tiered Exponential Moving Average (EMA) system to identify potential trading opportunities. This script combines technical analysis with robust risk management features to help traders make informed decisions. KEY FEATURES • Triple EMA Analysis: Customizable source inputs for each EMA Adjustable length parameters (3, 8, 21 periods) Dynamic color coding based on trend direction Real-time price action monitoring • Advanced Entry Signals: High-low price action verification EMA cross-overs and cross-unders Multi-timeframe trend confirmation Dynamic position sizing limits • Risk Management: Configurable Take Profit levels Flexible Stop Loss settings Optional TP/SL activation Clear visual indicators for levels HOW TO USE Setup Initial Parameters: Configure EMA lengths for your timeframe Set Take Profit percentage (default 25%) Define Stop Loss percentage (default 2.5%) Adjust pyramiding limit as needed Enable/Disable Features: Toggle TP/SL settings based on strategy Customize alert conditions Modify visual labels for clarity Monitor Trading Signals: Watch for buy/sell labels Track TP/SL levels Monitor position status TRADE MANAGEMENT • Entry Conditions: Long Entry: Higher high with rising EMA1 and stable EMA3 Short Entry: Lower low with falling EMA1 and stable EMA2 • Exit Conditions: Take Profit: Price reaches defined percentage above/below entry Stop Loss: Price reaches defined percentage below/above entry • Position Control: Limited to specified number of positions Automatic position tracking Clear visual indication of current trades TECHNICAL DETAILS • EMA Calculation: Uses Exponential Moving Average for trend following Color-coded based on 2-bar trend direction Multiple timeframe compatibility • Label System: Clear buy/sell markers Take Profit and Stop Loss indicators Real-time position status updates • Alert Configuration: Customizable alert messages Multiple alert conditions Option to enable/disable specific alerts LIMITATIONS ⚠️ Important Considerations: Results may vary across different market conditions Historical performance does not guarantee future results Always backtest strategy before live trading Consider complementing with additional analysis tools BEST PRACTICES • Recommended Timeframes: Daily charts for long-term strategies 4-hour charts for swing trading 1-hour charts for short-term trading • Risk Management Tips: Start with small position sizes Always use TP/SL in live trading Monitor market volatility before entering trades TROUBLESHOOTING • Common Issues: Ensure proper chart resolution Verify alert conditions are enabled Check for conflicting indicators • Performance Optimization: Use appropriate timeframe for your strategy Adjust indicator parameters based on market conditions Monitor for potential overfitting
Pine Script® indicator
by blackcat1402
Entropy Bands (TechnoBlooms)Entropy Bands — A New Era of Volatility and Trend Analysis Entropy Bands is our next indicator as a part of the Quantum Price Theory (QPT) Series of indicators. 🧠 Overview Entropy Bands are an advanced volatility-based indicator that reimagines traditional banded systems like Bollinger Bands. Built on entropy theory, adaptive moving averages, and dynamic volatility measurement, Entropy Bands provide deeper insights into market randomness, trend strength, and breakout potential. Instead of only relying on price deviation (like Bollinger Bands), Entropy Bands integrate chaos theory principles to create smarter, more responsive dynamic bands that adapt to real market behavior. 🚀Why is Entropy Bands Different — and Better Dynamic Band Width : Adjusts using both entropy and ATR, creating smarter expansion/contraction. Multi-Moving Average Core : Choose between SMA, EMA, or WMA for optimal centerline behavior. Noise and Breakout Filtering : Filters fake breakouts by analyzing candle body size and entropy conditions. Visual Clarity : Background and candle coloring highlight chaotic/noisy zones, trend zones, and breakout moments. Entropy Bands don't just react to price — they analyze the underlying market behavior, offering superior decision-making signals. 📚 Watch Band Behavior: Bands expand during volatility spikes or chaotic conditions. Bands contract during low volatility or tight consolidation zones. 📚 Analyze Candle Coloring: Green = Bullish breakout (closing above upper band). Pink = Bearish breakout (closing below lower band). Gray = Inside bands (neutral/random noise). ✨ Key Features of Entropy Bands: Entropy-Based Band Width Calculation: A scientific edge over pure price deviation methods. Dynamic Background Coloring: Highlights high entropy areas where randomness dominates. Candle Breakout Coloring: Easy-to-spot trend breakouts and strength moves. Multi-MA Flexibility: Adapt the bands’ core to trending, ranging, or volatile markets. Body Size Filter: Protects against fake breakouts by requiring meaningful candle body moves.
Pine Script® indicator
by TechnoBlooms
2
[blackcat] L3 Cloud PioneerOVERVIEW The L3 Cloud Pioneer indicator combines elements of the Ichimoku Kinko Hyo system with Donchian Channels to provide a robust trend-following tool. This enhanced version includes detailed trade signal labels and alerts, helping traders identify potential entry and exit points more clearly. By plotting dynamic cloud areas and providing visual cues, this indicator aids in making informed trading decisions 📊📉↗️. FEATURES Calculates key Ichimoku components using custom Donchian Channel logic: Conversion Line (based on highest/highest values over specified periods). Base Line. Leading Spans. Lagging Span 2. Plots a dynamic cloud area between Leading Span 1 and Leading Span 2, colored based on trend direction 🎨. Identifies trend changes and provides clear entry/exit signals: LE: Long Entry (when trend turns bullish). SE: Short Entry (when trend turns bearish). XL: Exit Long (price crosses below Leading Span 1 during an uptrend). RL: Re-enter Long (price crosses above Leading Span 1 during an uptrend). XS: Exit Short (price crosses above Leading Span 1 during a downtrend). RS: Re-enter Short (price crosses below Leading Span 1 during a downtrend). Displays corresponding labels on the chart for easy visualization, complete with tooltips for additional information 🏷️. Generates alerts for each signal event to keep users informed about potential trades 🔔. Supports customizable input parameters for conversion line, base line, and lagging span periods ⚙️. HOW TO USE Add the indicator to your TradingView chart by selecting it from the indicators list. Adjust the input parameters (Conversion Line Periods, Base Line Periods, Lagging Span 2 Periods) to fit your preferences. Observe the plotted cloud and labels for trend direction and potential trade opportunities. Set up alerts based on the generated signals to receive notifications when conditions are met 📲. Combine this indicator with other tools for confirmation before making trading decisions. DETAILED SIGNAL LOGIC Trend Determination: The script determines the trend direction by comparing leading_line1 and leading_line2. If leading_line1 is above leading_line2, the trend is considered bullish (isBullish). Otherwise, it's bearish (isBearish). Signal Conditions: Long Entry (LE): Triggered when the trend turns bullish from bearish. Short Entry (SE): Triggered when the trend turns bearish from bullish. Exit Long (XL): Triggered when the price crosses below leading_line1 during an uptrend. Re-enter Long (RL): Triggered when the price crosses above leading_line1 during an uptrend. Exit Short (XS): Triggered when the price crosses above leading_line1 during a downtrend. Re-enter Short (RS): Triggered when the price crosses below leading_line1 during a downtrend. Label Styling: Labels are color-coded for quick identification: Green for long entries and re-entries. Red for short entries and exits. Blue for exiting long positions. Orange for re-entering short positions. Tooltips provide additional context for each label. Alert Configuration: Alerts are generated for each signal condition, ensuring traders are notified promptly. Users can set up these alerts within TradingView by creating new alerts and selecting the appropriate conditions. LIMITATIONS The indicator may lag behind price action due to its use of moving averages and channel calculations 🕒. False signals can occur in choppy or sideways markets 🌪️. Users should always confirm signals with other forms of analysis. NOTES Ensure that you have sufficient historical data available for accurate calculations. Test the indicator thoroughly on demo accounts before applying it to live trading 🔍. Customize the appearance and parameters as needed to fit your trading strategy. For better risk management, consider integrating stop-loss and take-profit levels into your trading plan. To optimize performance, manage old labels by deleting them after a certain period to avoid clutter on the chart.
Pine Script® indicator
by blackcat1402
RSI_Heikinashi📜 Title: Heikin-Ashi RSI Candle Plot with Multi-Timeframe Analysis and EMA Overlay 📖 Full Description: This is an original custom indicator that transforms the traditional Relative Strength Index (RSI) into a Heikin-Ashi (HA) candle representation, allowing traders to visualize RSI trends with greater clarity, less noise, and multi-timeframe perspective. 🛠️ Core Concept and Original Method: Rather than plotting a single RSI line, this script recalculates RSI into a Heikin-Ashi candle format, using a double EMA smoothing method on the RSI data itself. Here's how the transformation works: RSI Calculation: RSI is computed traditionally using Wilder's Moving Average (RMA) for smoothing gains and losses. The RSI period and price source are fully customizable (default length = 28, source = close). Heikin-Ashi Style Smoothing (applied to RSI): The HA Close is calculated as the EMA of the average between the current RSI and previous HA Close. The HA Open is calculated as the EMA of the average between the previous HA Open and the current HA Close. The HA High and HA Low are dynamically calculated based on the maximum/minimum values of the current RSI, HA Open, and HA Close. Smoothing is done via 5-period EMA, which adds a unique layer of trend smoothing without traditional price-based HA calculation. Multi-Timeframe Comparison: In addition to plotting the chart timeframe HA RSI, the indicator retrieves the 1-hour timeframe HA RSI using request.security. This allows traders to align trades with higher timeframe RSI trends, a powerful technique for multi-timeframe confirmation. 50 EMA Overlay: A 50-period Exponential Moving Average (EMA) is plotted over both the chart timeframe HA RSI and the 1-hour HA RSI. EMA acts as a trend filter or dynamic support/resistance for RSI behavior. RSI Bands and Visual Aids: Standard RSI bands at 70 (Overbought), 50 (Midline), and 30 (Oversold) are plotted. A shaded background between the 30–70 levels helps highlight RSI range-bound movements versus breakout momentum. 🔥 Why this script is original and useful: Unique Application: This is not a simple RSI plot or standard Heikin-Ashi candle — it is a specialized smoothing method applied directly to RSI values for a clearer, noise-reduced momentum reading. Multi-Timeframe Advantage: Unlike typical RSI indicators, it includes a 1-hour timeframe comparison alongside the chart timeframe, improving decision-making across intraday and swing strategies. Advanced Smoothing Logic: Double EMA smoothing of RSI and HA-style recalculations offer a much smoother signal than traditional RSI or basic RSI/EMA crossovers. Visualized Trend Strength: Using colored candles instead of just a line enhances readability and gives an intuitive sense of momentum direction, strength, and possible reversals. Fully Customizable: Traders can adjust the RSI period and source depending on asset volatility or timeframe preferences. 📋 How to Use: Look for HA RSI candles color changes for early momentum shifts. Use the 50 EMA crossovers on HA RSI to confirm larger trend changes. Compare chart timeframe vs 1H timeframe HA RSI for stronger signal alignment. Watch for overbought/oversold breaks beyond the 70/30 bands for trade entries or exits. ⚙️ Inputs: RSI Length (Default: 28) RSI Source (Default: Close) 📢 Important Note: This script is originally conceptualized and custom-built. It is not a mashup of existing open-source indicators and introduces a new smoothing technique for RSI visualization. 🙏 Credits: Script developed by Sri_RSI.
Pine Script® indicator
by venkat_27
CYCLE BY RiotWolftradingDescription of the "CYCLE" Indicator The "CYCLE" indicator is a custom Pine Script v5 script for TradingView that visualizes cyclic patterns in price action, dividing the trading day into specific sessions and 90-minute quarters (Q1-Q4). It is designed to identify and display market phases (Accumulation, Manipulation, Distribution, and Continuation/Reversal) along with key support and resistance levels within those sessions. Additionally, it allows customization of boxes, lines, labels, and colors to suit user preferences. Main Features Cycle Phases: Accumulation (1900-0100): Represents the phase where large operators accumulate positions. Manipulation (0100-0700): Identifies potential manipulative moves to mislead retail traders. Distribution (0700-1300): The phase where large operators distribute their positions. Continuation/Reversal (1300-1900): Indicates whether the price continues the trend or reverses. 90-Minute Quarters (Q1-Q4): Divides each 6-hour cycle (360 minutes) into four 90-minute quarters (Q1: 00:00-01:30, Q2: 01:30-03:00, Q3: 03:00-04:30, Q4: 04:30-06:00 UTC). Each quarter is displayed with a colored box (Q1: light purple, Q2: light blue, Q3: light gray, Q4: light pink) and labels (defaulted to black). Support and Resistance Visualization: Draws boxes or lines (based on settings) showing the high and low levels of each session. Optionally displays accumulated volume at the highs and lows within the boxes. Daily Lines and Last 3 Boxes: How to Use the Indicator Step 1: Add the Indicator to TradingView Open TradingView and select the chart where you want to apply the indicator (e.g., UMG9OOR on a 5-minute timeframe, as shown in the screenshot). Go to the Pine Editor (at the bottom of the TradingView interface). Copy and paste the provided code. Click Compile and then Add to Chart. Step 2: Configure the Indicator Click on the indicator name on the chart ("CYCLE") and select Settings (or double-click the name). Adjust the options based on your needs: Cycle Phases: Enable/disable phases (Accumulation, Manipulation, Distribution, Continuation/Reversal) and adjust their time slots if needed. 90-Minute Quarters: Enable/disable quarters (Q1-Q4). Step 3: Interpret the Indicator Identify Cycle Phases: Observe the red boxes indicating the phases (Accumulation, Manipulation, etc.). The high and low levels within each phase are potential support/resistance zones. If volume is enabled, pay attention to the accumulated volume at highs and lows, as it may indicate the strength of those levels. Use the 90-Minute Quarters (Q1-Q4): The colored boxes (Q1-Q4) divide the day into 90-minute segments. Each quarter shows the price range (high and low) during that period. Use these boxes to identify price patterns within each quarter, such as breakouts or consolidations. The labels (Q1, Q2, etc.) help you track time and anticipate potential moves in the next quarter. Analyze Support and Resistance: The high and low levels of each phase/quarter act as support and resistance. Daily lines (if enabled) show key levels from the previous day, useful for planning entries/exits. The "last 3 boxes below price" (if enabled) highlight potential support levels the price might target. Avoid Manipulation: During the Manipulation phase (0100-0700), be cautious of sharp moves or false breakouts. Use the high/low levels of this phase to identify potential traps (as explained in your first question about manipulation candles). Step 4: Trading Strategy Entries and Exits: Support/Resistance: Use the high/low levels of phases and quarters to set entry or exit points. For example, if the price bounces off a Q1 support level, consider a buy. Breakouts: If the price breaks a high/low of a quarter (e.g., Q2), wait for confirmation to enter in the direction of the breakout. Volume: If accumulated volume is high near a key level, that level may be more significant. Risk Management: Place stop-loss orders below lows (for buys) or above highs (for sells) identified by the indicator. Avoid trading during the Manipulation phase unless you have a specific strategy to handle false breakouts. Time Context: Use the quarters (Q1-Q4) to plan your trades based on time. For example, if Q3 is typically volatile in your market, prepare for larger moves between 03:00-04:30 UTC. Step 5: Adjustments and Testing Test on Different Timeframes: The indicator is set for a 5-minute timeframe (as in the screenshot), but you can test it on other timeframes (e.g., 1-minute, 15-minute) by adjusting the time slots if needed. Adjust Colors and Styles: If the default colors are not visible on your chart, change them for better clarity. --- 📌 1. **Accumulation: Strong Institutional Activity** - During the **accumulation phase, we see **high volume: 82.773K, which suggests strong buying interest**, likely from institutional players. - This sets the base for the following upward move in price. --- 📌 2. **Manipulation: False Breakout with Lower Volume** - Later, there's a manipulation phase where price breaks above previous highs, but the volume (71.814K) is **lower than during accumulation**. - This implies that buyers are not as aggressive as before—no real demandbehind the breakout. - It’s likely a bull trap, where smart money is selling into the breakout to exit their positions. --- ### 📌 3. Distribution: Weakness and Lack of Demand - The market enters a distribution phase, and volume drops even further (only 7.914K). - Price struggles to go higher, and you start seeing rejections at the top. - This shows that demand is drying up, and smart money is offloading positions**—not accumulating anymore. --- ### 💡 Why Take the Short Here? - Volume is not increasing with new highs—showing weak demand**. - The manipulation volume is weaker than the accumulation volume, confirming the breakout was likely false. - Structure starts to break down (Q levels falling), which confirms weakness. - This creates a high-probability short setup: - **Entry:** after confirmation of distribution and structural breakdown. - **Stop loss:** above the manipulation high. - **Target:** down toward previous lows or value zones. --- ### ✅ Conclusion Since the manipulation volume failed to exceed the accumulation volume, the breakout lacked real strength. Combined with decreasing volume in the distribution phase, this indicates fading demand and supply taking control—which justifies entering a short position.
Pine Script® indicator
by anarkiacapital
[blackcat] L3 Hull SeekerOVERVIEW The L3 Hull Seeker is a comprehensive trading indicator that combines Hull Moving Average (HMA) analysis with robust position management and risk control features. This script is designed to help traders identify potential entry and exit points while maintaining strict risk management protocols. KEY FEATURES • Hull MA Analysis: Advanced Hull Moving Average calculations Separate Hull MA lines for Close and Open prices Visual color coding for trend direction Customizable length parameter for flexibility • Position Tracking: Real-time monitoring of long and short positions Maximum position limit control Clear position status indicators on chart • Risk Management System: User-defined Take Profit percentage User-defined Stop Loss percentage Optional activation of TP/SL features Dynamic label markers for important levels • Alert System: Buy/Sell entry alerts Take Profit/Stop Loss exit alerts Position status changes HOW TO USE Setup Initial Parameters: Hull MA Length: Adjust based on your trading timeframe Take Profit Percentage: Set according to your risk tolerance Stop Loss Percentage: Define your maximum acceptable loss Enable/Disable Features: Toggle Take Profit/Stop Loss options as needed Adjust alert conditions for your trading style Monitor Trading Signals: Watch for crossover/crossunder signals Track position status through labels Monitor entry and exit alerts Manage Risk: Use TP/SL features to control position size Monitor pyramiding limits Review position status regularly TRADE MANAGEMENT • Entry Conditions: Long Entry: HullMA_close crosses above HullMA_open Short Entry: HullMA_close crosses below HullMA_open • Exit Conditions: Take Profit: Price reaches defined percentage above/below entry Stop Loss: Price reaches defined percentage below/above entry • Position Control: Limited to one position at a time Automatic position tracking Clear visual indication of current trades TECHNICAL DETAILS • Hull MA Calculation: Uses WMA (Weighted Moving Average) for precise calculations Optimized for trend-following strategies Smoothed Hull MA lines for better readability • Label System: Clear buy/sell markers Take Profit and Stop Loss indicators Real-time position status updates • Alert Configuration: Customizable alert messages Multiple alert conditions Option to enable/disable specific alerts LIMITATIONS ⚠️ Important Considerations: Results may vary across different market conditions Historical performance does not guarantee future results Always backtest strategy before live trading Consider complementing with additional analysis tools BEST PRACTICES • Recommended Timeframes: Daily charts for long-term strategies 4-hour charts for swing trading 1-hour charts for short-term trading • Risk Management Tips: Start with small position sizes Always use TP/SL in live trading Monitor market volatility before entering trades TROUBLESHOOTING • Common Issues: Ensure proper chart resolution Verify alert conditions are enabled Check for conflicting indicators • Performance Optimization: Use appropriate timeframe for your strategy Adjust indicator parameters based on market conditions Monitor for potential overfitting
Pine Script® indicator
by blackcat1402
Trend and Trendline DetectorTrend and Trendline Detector Overview The Trend and Trendline Detector indicator provides both major and minor trend analysis using Simple Moving Averages (SMA) and automatically plots dynamic support and resistance trendlines based on pivot highs and lows. Key Features Major Trend Detection: Uses a configurable SMA to determine primary market direction. Minor Trend Visualization: Optional minor SMA with color-coded line segments to mark smaller trend fluctuations. Dynamic Pivot Trendlines: Automatically detects pivot highs/lows and draws major (solid) and minor (dashed) trendlines, with user-controlled extension modes. Customizable Inputs: User can adjust SMA lengths, pivot look back/look forward periods, line extend mode, and toggle features on/off.
Pine Script® indicator
by ask2maniish