US30 3:40AM Direction Strat V1.0Use this indicator on a us30 chart by blackbull for accurate results, ensure that your chart time is set to UTC-5 new york time, once the indicator shows a buy/sell signal you can execute the trade with a 100 point TP(10 pips) everyday(this has a 98% win rate), you need to ensure you have a stop loss of atleast 250 pips (2500 points) to have the highest win rate possible.
To get the best risk to reward ratios we suggest starting with a small account and compounding the account, because one wrong trade can wipe out the whole account, that way you know you only ever risked your small starting capital. Increase lot sizes weekly and compound the account, in 5 - 6 months you will have a large account that you can decide how to manage thereafter.
This can also be used to catch more than 100 points as it can also determine the direction for the day, use this as you please, backtest and see which strategy works best for you.
RULES:
- Do not take the signal if there is large news event coming up for the day.
- Do not amend the settings on the indicator
- Do not take the trade if the market made a massive move the day prior (So if the market closed 500 pips below where market opened for example, do not take the signal on the next day.)
This is not financial advice, please use this indicator as you see fit as this is just for speculative purposes, backtest and apply your own risk management strategy
Candlestick analysis
Anes ScalperXAnes Turbo Scalper is an advanced indicator for scalping on small timeframes like 1m and 5m. It is based on moving average crossovers with additional filtering using the RSI indicator to accurately identify entry and exit points. It features clear and easy-to-use signals
Anes ScalperXAnes Turbo Scalper is an advanced indicator for scalping on small timeframes like 1m and 5m. It is based on moving average crossovers with additional filtering using the RSI indicator to accurately identify entry and exit points. It features clear and easy-to-use signals
TheSmartTradingGuy - Master Script 001TheSmartTradingGuy - Master Script 001 (Youtube: @thesmarttradingguy)
📌 Overview:
The Master Script 001 is an advanced trading indicator designed to help traders identify trends, key support & resistance levels, and momentum shifts. It integrates multiple technical indicators, including ADX, RSI, Moving Averages, VWAP, Pivot Points, and Supertrend, to provide a comprehensive trading strategy.
🔹 Key Features:
✔ ADX Trend Detection – Helps filter out weak trends and avoid no-trade zones.
✔ Supertrend-Based Buy/Sell Signals – Provides dynamic trend-following signals.
✔ Long-Term & Short-Term Moving Averages – Identifies market direction.
✔ RSI with Customizable Moving Average Smoothing – Detects overbought/oversold conditions.
✔ VWAP (Volume-Weighted Average Price) – Helps track institutional price levels.
✔ Pivot Points with Support & Resistance Levels – Identifies key price action zones.
📊 How to Use:
1️⃣ Trend Confirmation: Use ADX and Moving Averages to confirm strong trends.
2️⃣ Entry Signals: Buy when a bullish Supertrend signal appears & price is above VWAP. Sell when a bearish signal appears & price is below VWAP.
3️⃣ Momentum & Strength: Check RSI levels and ADX values to validate trade setups.
4️⃣ Support & Resistance: Use Pivot Points to identify potential reversal or breakout zones.
5️⃣ VWAP for Institutional Levels: Monitor VWAP positioning to gauge market sentiment.
⚙ Customization:
🔹 Adjust ADX, Supertrend Multiplier, RSI Length, and Moving Average Type to fit your trading style.
🔹 Enable/Disable Signals, VWAP, and Pivots as per your preference.
📌 Ideal for:
✅ Trend Traders
✅ Scalpers & Swing Traders
✅ Institutional & Retail Traders
🛑 Risk Disclaimer:
This script is for educational purposes only. Always perform your own analysis before taking any trade. Past performance does not guarantee future results.
🚀 Developed by: TheSmartTradingGuy
DS_Gurukul_5m_TrendDS Gurukul (DS_5m Trend) Indicator: A Simple Yet Powerful Trend Tool
DS Gurukul (DS_5minTrend) Indicator: is a straightforward tool designed to help traders quickly visualize potential trend reversals and identify profitable trading opportunities. This indicator plots two bands—an upper band (green) and a lower band (red)—based on a small percentage deviation from the closing price of the first candle of each trading day.
How it Works:
The DS_5minTrend indicator calculates these bands at the start of each new trading day. The bands then remain fixed for the rest of that day. This daily reset allows traders to easily see how the current day's price action relates to the opening price and the calculated bands.
Trading Signals:
Potential Reversals: When the price approaches or touches the upper band (green), it can signal a potential overbought condition and a possible reversal to the downside. Conversely, when the price approaches or touches the lower band (red), it can suggest an oversold condition and a possible reversal to the upside.
Trend Confirmation: If the price consistently closes above the upper band for several periods, it may indicate a strong uptrend. Conversely, consistent closes below the lower band can suggest a strong downtrend.
Support and Resistance: The bands can also act as dynamic support and resistance levels. Traders can watch for price bounces off these levels as potential entry points.
How to Use:
Combine with other indicators: While DS_5minTrend can provide valuable insights, it's generally recommended to use it in conjunction with other technical indicators, such as RSI, MACD, or volume analysis, for confirmation.
Consider market context: Always consider the broader market context and news events that may be influencing price action.
Risk Management: Implement proper risk management strategies, including stop-loss orders, to protect your capital.
Disclaimer: The DS_5minTrend indicator is a tool for analysis and should not be the sole basis for making trading decisions. Trading involves substantial risk, and you could lose money. Always do your own research and consult with a financial advisor before making any investment decisions.
DS Gurukul (DS_5m Trend)DS Gurukul (DS_5m Trend) Indicator: A Simple Yet Powerful Trend Tool
DS Gurukul (DS_5minTrend) Indicator: is a straightforward tool designed to help traders quickly visualize potential trend reversals and identify profitable trading opportunities. This indicator plots two bands—an upper band (green) and a lower band (red)—based on a small percentage deviation from the closing price of the first candle of each trading day.
How it Works:
The DS_5minTrend indicator calculates these bands at the start of each new trading day. The bands then remain fixed for the rest of that day. This daily reset allows traders to easily see how the current day's price action relates to the opening price and the calculated bands.
Trading Signals:
Potential Reversals: When the price approaches or touches the upper band (green), it can signal a potential overbought condition and a possible reversal to the downside. Conversely, when the price approaches or touches the lower band (red), it can suggest an oversold condition and a possible reversal to the upside.
Trend Confirmation: If the price consistently closes above the upper band for several periods, it may indicate a strong uptrend. Conversely, consistent closes below the lower band can suggest a strong downtrend.
Support and Resistance: The bands can also act as dynamic support and resistance levels. Traders can watch for price bounces off these levels as potential entry points.
How to Use:
Combine with other indicators: While DS_5minTrend can provide valuable insights, it's generally recommended to use it in conjunction with other technical indicators, such as RSI, MACD, or volume analysis, for confirmation.
Consider market context: Always consider the broader market context and news events that may be influencing price action.
Risk Management: Implement proper risk management strategies, including stop-loss orders, to protect your capital.
Disclaimer: The DS_5minTrend indicator is a tool for analysis and should not be the sole basis for making trading decisions. Trading involves substantial risk, and you could lose money. Always do your own research and consult with a financial advisor before making any investment decisions.
Wick Size in USD with 10-Bar AverageWick Size in USD with 10-Bar Average
Version: 1.0
Author: QCodeTrader
🔍 Overview
This indicator converts the price wicks of your candlestick chart into USD values based on ticks, providing both raw and smoothed data via a 10-bar simple moving average. It helps traders visualize the monetary impact of price extremes, making it easier to assess volatility, potential risk, and plan appropriate stop loss levels.
⚙️ Key Features
Tick-Based Calculation:
Converts wick sizes into ticks (using a fixed tick size of 0.01, typical for stocks) and then into USD using a customizable tick value.
10-Bar Moving Average:
Smooths out the wick values over the last 10 bars, giving you a clearer view of average wick behavior.
Bullish/Bearish Visual Cues:
The chart background automatically highlights bullish candles in green and bearish candles in red for quick visual assessment.
Stop Loss Optimization:
The indicator highlights long wick sizes, which can help you set more accurate stop loss levels. Even when the price moves in your favor, long wicks may indicate potential reversals—allowing you to account for this risk when planning your stop losses.
User-Friendly Customization:
Easily adjust the USD value per tick through the settings to tailor the indicator to your specific instrument.
📊 How It Works
Wick Calculation:
The indicator calculates the upper and lower wicks by measuring the distance between the candle’s high/low and its body (open/close).
Conversion to Ticks & USD:
These wick sizes are first converted from price points to ticks (dividing by a fixed tick size of 0.01) and then multiplied by the user-defined tick value to convert the measurement into USD.
Smoothing Data:
A 10-bar simple moving average is computed for both the upper and lower wick values, providing smoothed data that helps identify trends and deviations.
Visual Representation:
Columns display the raw wick sizes in USD.
Lines indicate the 10-bar moving averages.
Background Color shifts between green (bullish) and red (bearish) based on candle type.
⚡ How to Use
Add the Indicator:
Apply it to your chart to begin visualizing wick sizes in monetary terms.
Customize Settings:
Adjust the Tick Value in USD in the settings to match your instrument’s tick value.
(Note: The tick size is fixed at 0.01, which is standard for many stocks.)
Optimize Your Stop Loss:
Analyze the raw and averaged wick values to understand volatility. Long wicks—even when the price moves in your favor—may indicate potential reversals. This insight can help you set more accurate stop loss levels to protect your gains.
Analyze:
Use the indicator’s data to gauge market volatility and assess the significance of price movements, aiding in more informed trading decisions.
This indicator is perfect for traders looking to understand the impact of extreme price movements in monetary terms, optimize stop loss levels, and effectively manage risk across stocks and other instruments with similar tick structures.
BIX Candle Markers v1The "BIX Candle Markers" indicator is designed to enhance your scalping strategy on lower timeframes, such as a 3-minute chart, by marking key session candles with precision. This tool uses candle data from a user-defined lower timeframe to identify and highlight specific candles at the exact time you set (using configurable hour and minute inputs). It then draws fixed-length markers—displaying both the high and low levels of that candle—to visually outline potential breakout levels.
For traders employing a candle break strategy, these markers provide clear reference points for support and resistance, helping you quickly spot when a price breaks out of a defined range. This enables faster decision-making and more precise entries and exits in a fast-moving scalping environment.
Customize the marker length, session times, and colors to align with your trading style, and leverage these visual cues to maximize your scalping efficiency.
Visit reitrading.ro for more trading insights and advanced strategies.
DS_Gurukul_5minTrendDS Gurukul (DS_5minTrend) Indicator: A Simple Yet Powerful Trend Tool
The Tushar Daily Bands (DS_5minTrend) indicator is a straightforward tool designed to help traders quickly visualize potential trend reversals and identify profitable trading opportunities. This indicator plots two bands—an upper band (green) and a lower band (red)—based on a small percentage deviation from the closing price of the first candle of each trading day.
How it Works:
The DS_5minTrend indicator calculates these bands at the start of each new trading day. The bands then remain fixed for the rest of that day. This daily reset allows traders to easily see how the current day's price action relates to the opening price and the calculated bands.
Trading Signals:
Potential Reversals: When the price approaches or touches the upper band (green), it can signal a potential overbought condition and a possible reversal to the downside. Conversely, when the price approaches or touches the lower band (red), it can suggest an oversold condition and a possible reversal to the upside.
Trend Confirmation: If the price consistently closes above the upper band for several periods, it may indicate a strong uptrend. Conversely, consistent closes below the lower band can suggest a strong downtrend.
Support and Resistance: The bands can also act as dynamic support and resistance levels. Traders can watch for price bounces off these levels as potential entry points.
How to Use:
Combine with other indicators: While DS_5minTrend can provide valuable insights, it's generally recommended to use it in conjunction with other technical indicators, such as RSI, MACD, or volume analysis, for confirmation.
Consider market context: Always consider the broader market context and news events that may be influencing price action.
Risk Management: Implement proper risk management strategies, including stop-loss orders, to protect your capital.
Disclaimer: The DS_5minTrend indicator is a tool for analysis and should not be the sole basis for making trading decisions. Trading involves substantial risk, and you could lose money. Always do your own research and consult with a financial advisor before making any investment decisions.
DS Gurukul (DS_5minTrend)DS Gurukul (DS_5minTrend) Indicator: A Simple Yet Powerful Trend Tool
The Tushar Daily Bands (DS_5minTrend) indicator is a straightforward tool designed to help traders quickly visualize potential trend reversals and identify profitable trading opportunities. This indicator plots two bands—an upper band (green) and a lower band (red)—based on a small percentage deviation from the closing price of the first candle of each trading day.
How it Works:
The DS_5minTrend indicator calculates these bands at the start of each new trading day. The bands then remain fixed for the rest of that day. This daily reset allows traders to easily see how the current day's price action relates to the opening price and the calculated bands.
Trading Signals:
Potential Reversals: When the price approaches or touches the upper band (green), it can signal a potential overbought condition and a possible reversal to the downside. Conversely, when the price approaches or touches the lower band (red), it can suggest an oversold condition and a possible reversal to the upside.
Trend Confirmation: If the price consistently closes above the upper band for several periods, it may indicate a strong uptrend. Conversely, consistent closes below the lower band can suggest a strong downtrend.
Support and Resistance: The bands can also act as dynamic support and resistance levels. Traders can watch for price bounces off these levels as potential entry points.
How to Use:
Combine with other indicators: While DS_5minTrend can provide valuable insights, it's generally recommended to use it in conjunction with other technical indicators, such as RSI, MACD, or volume analysis, for confirmation.
Consider market context: Always consider the broader market context and news events that may be influencing price action.
Risk Management: Implement proper risk management strategies, including stop-loss orders, to protect your capital.
Disclaimer: The DS_5minTrend indicator is a tool for analysis and should not be the sole basis for making trading decisions. Trading involves substantial risk, and you could lose money. Always do your own research and consult with a financial advisor before making any investment decisions.
15-Min ConditionThis is very good. We want trading This is very good. We want tradingThis is very good. We want tradingThis is very good. We want tradingThis is very good. We want tradingThis is very good. We want trading
Ichimoku Cloud with SL TPIndikatornya agak aneh titik harganya harus di pilih resolusi chart yang tepat
MACD Strategy//@version=5
strategy("MACD Strategy", overlay=true)
//Macd 参数
fastLength = input(12, title="快线长度")
slowLength = input(26, title="慢线长度")
MACDLength = input(9, title="MACD 信号线长度")
// 计算 MACD
MACD = ta.ema(close, fastLength) - ta.ema(close, slowLength)
aMACD = ta.ema(MACD, MACDLength)
delta = MACD - aMACD
// 计算 EMA(10) 和 MA(20)
ema10 = ta.ema(close, 10)
ma20 = ta.sma(close, 20)
// 在图表上绘制 EMA(10) 和 MA(20)，用于调试
plot(ema10, title="EMA 10", color=color.blue, linewidth=2)
plot(ma20, title="MA 20", color=color.red, linewidth=2)
// 实时检查条件
// 检查 EMA(10) 是否高于 MA(20)
bool emaAboveMa = ema10 > ma20
// 检查 MACD 是否在信号线上方，且 MACD 和信号线均在 0 轴下方
bool macdCondition = (MACD > aMACD) and (MACD < 0) and (aMACD < 0)
// 添加调试信息 - 当条件满足时绘制图形
plotshape(emaAboveMa, title="EMA Above MA Condition", size=size.small, text="eam")
plotshape(macdCondition, title="MACD Condition", size=size.small, text="macd")
// 当两个条件都满足时，触发买入操作
if (emaAboveMa and macdCondition)
strategy.entry("多头", strategy.long, comment="买入信号")
// 显示买入信号的标签
label.new(bar_index, high, "买入", textcolor=color.white, style=label.style_label_up, size=size.normal)
// 平仓条件
if (ta.crossunder(delta, 0) and MACD > 0 and aMACD > 0)
strategy.close("MacdLE", comment="Close Long")
//if (ta.crossunder(delta, 0))
// strategy.entry("MacdSE", strategy.short, comment="MacdSE")
//plot(strategy.equity, title="equity", color=color.red, linewidth=2, style=plot.style_areabr)
VWAP (Non-Dynamic) Breakout SignalsNon-Dynamic VWAP that trigger a visual signal on chart to indicate bullish or bearish momentum for intraday sentiment
Signal shows as a yellow arrow above candle price if breaking below VWAP
Signal shows as a yellow arrow below candle price if breaking above VWAP
Convergence Ultra [Stab Trading]The Convergence Ultra is designed to help you identify market reversals with pinpoint accuracy by analysing a confluence of emotion-based algorithms. It aims to provide buy and sell signals at the exact tops and bottoms of market cycles, ensuring you enter trades at optimal moments.
🚀 How it Works
It uses advanced algorithms based on Dual-Algorithm Reversal Detection to predict market reversals. By analysing candle stick patterns and market sentiment, it identifies key reversal zones and delivers early signals before the trend fully flips.
Candlestick Pattern Analysis
This algorithm performs an in-depth analysis of historical candlestick patterns to identify recurring reversal formations at market tops and bottoms. For long entries, it examines previous red candlestick patterns to determine the optimal entry point - anticipating a reversal before a bullish (green) candle appears. Conversely, for short entries, it studies prior green candlestick patterns, this time anticipating a reversal before a bearish (red) candle emerges. This proactive approach allows traders to enter positions based on well-established reversal patterns without waiting for a confirmatory candle.
Moving Average Volatility & Sentiment Analysis
This algorithm monitors the volatility across a series of moving averages incorporating a unique “fear and greed” component. It evaluates whether the current trend is likely to continue or reverse by comparing present volatility behaviour with historical patterns. For instance, if price becomes oversold during a downtrend but past conditions of similar oversold levels did not lead to a reversal, the algorithm signals that the trend is likely to persist. Furthermore, users can adjust the sensitivity to react more bullishly or bearishly based on prevailing macroeconomic events, tailoring the analysis to current market conditions.
Combined Signal Mechanism
When the moving average volatility and sentiment algorithm identifies a potential reversal zone, it triggers the candlestick pattern signals. This synergy ensures that final signals are validated by both historical pattern recognition and current market dynamics, reducing false signals and enhancing reliability. Traders benefit from precise entry points grounded in a comprehensive, dual-layer analysis of market behaviour.
This dual-algorithm system offers a robust framework for detecting market reversals, delivering clarity and precision for both short-term scalpers and longer-term swing traders.
💡 Features
Early Reversal Signals: Unlike traditional indicators, the Convergence Ultra delivers signals before the trend fully reverses. For example, a buy signal is triggered at the close of a red candle rather than waiting for the following green candle, enabling early entry.
Market Sentiment Adjustment: Customize the indicator to reflect bearish, neutral, or bullish market conditions, ensuring it aligns with the current macro environment.
Noise Filter: Fine-tune signal sensitivity. Lower settings yield more frequent signals for scalping, while higher settings smooth out volatility to generate fewer, more precise signals for swing trading.
Signal Types: The indicator offers two signal types: high-confidence signals (clearly labelled "buy" or "sell") generated when both algorithms agree, and advanced signals (displayed in a lighter color without labels) based solely on the candlestick analysis. Traders can act on advanced signals or wait for the high-confluence signals for added confidence.
Reversal Cloud: Visualizes overbought and oversold areas identified by the Moving Average Volatility & Sentiment Analysis algorithm, helping you pinpoint upcoming potential reversals.
📈 Implementing the System
1. Set Your Preferences
Adjust the Market Sentiment (bearish, neutral, or bullish) based on your market outlook.
Set to bearish in downtrends, neutral in ranging markets, or bullish in uptrends to align the algorithm with the current market environment.
Use the Noise Filter (1-10) to balance signal frequency and precision.
Use lower values (1-4) for more signals (ideal for scalping).
Use higher values (7-10) for fewer but more precise signals (ideal for swing trading).
2. Identify Signals
Enter a trade early using the advanced signals (lighter color, no labels).
For even greater accuracy, wait for the high-confidence signals, clearly marked with "buy" or "sell" labels.
You can also combine these 2 signal types to layer into a trade.
3. Confirm with the Reversal Cloud
Check the Reversal Cloud to confirm overbought or oversold conditions before entering a trade.
4. Taking Profit
Use the advanced signals to take profit early or wait for high-confluence signals to maximize gains.
You can also use the signals to layer out of a trade, taking partial profits at key levels.
🔥 Pro Tips
Combine with Other Tools
For even greater precision, combine it with other indicators in the StabTrading Suite, which are specifically designed to highlight areas of market reversals. By lowering the Noise Filter and using the additional confluence of these tools, you can identify high-probability winning trades with confidence.
Pair it with MomentumFX Pro , MeanRevert Matrix or the FlowWave Oscillator for a complete trading strategy that maximizes your gains and minimizes risks.
Back test for Optimal Settings
Test the indicator on different pairs and timeframes to find the best Market Sentiment and Noise Filter settings for your trading style.
Always use proper risk management and avoid trading during low-liquidity periods to reduce false signals.
🔶 Conclusion
The Convergence Ultra is your ultimate tool for mastering market reversals. With its emotion-based algorithms, early reversal signals, and customizable features like Market Sentiment and Noise Filter, it gives you the edge to enter trades at the exact tops and bottoms of market cycles. Whether you’re a scalper or a swing trader, this indicator adapts to your style, helping you stay ahead of the trend. Designed to be used as a standalone indicator or seamlessly integrated with other tools in the StabTrading Suite for even greater precision and accuracy.
Professional Trader Dashboard - Enhanced with orb signalsPremarket high and low are shown as circle lines
green for high
red for low
15 and 30 min Opening Range's get automatically marked
15 and 30 min highs are both Green lines
15 and 30 min lows are both Red lines
A break of high or low orbs will generate a signal on chart.
Toggling the signal on and off will ensure it disapears until another bar touches to trigger the signal. Be advised.
R1 and S1 do not currently throw a signal but this is being added soon to a new version of the indicator.
Premarket high and low breaks do not current throw a signal but this is being added soon to a new version of the indicator.
Buy & Sell Zone IndicatorFeatures:
✅ Uses RSI, MACD, MA, EMA, BB, Fibonacci, and Support & Resistance
✅ Displays only Buy (Green) and Sell (Red) Zones
✅ No distractions – just clear zones for entry & exit
✅ Works on all time frames
RSI/Stochastic With Real Time Candle OverlayThis indicator provides an alternative way to visualize either RSI or Stochastic values by representing them as candle bars in real time, allowing a more detailed view of momentum shifts within each bar. By default, it displays the standard historical plot of the chosen oscillator in the background, but once you are receiving real-time data (or if you keep your chart open through the close), it begins overlaying candles that track the oscillator’s intrabar movements. These candles only exist for as long as the chart remains open; if you refresh or load the chart anew, there is no stored candle history, although the standard RSI or Stochastic line is still fully retained. These candles offer insight into short-term fluctuations that are otherwise hidden when viewing a single line for RSI or Stochastic.
In the settings, there is an option to switch between standard candlesticks and Heiken Ashi. When Heiken Ashi is selected, the indicator uses the Heiken Ashi close once it updates in real time, producing a smoothed view of intrabar price movement for the oscillator. This can help identify trends in RSI or Stochastic by making it easier to spot subtle changes in direction, though some may prefer the unmodified values that come from using regular candles. The combination of these candle styles with an oscillator’s output offers flexibility for different analytical preferences.
Traders who use RSI or Stochastic often focus on entry and exit signals derived from crossing certain thresholds, but they are usually limited to a single reading per bar. With this tool, it becomes possible to watch how the oscillator’s value evolves within the bar itself, which can be especially useful for shorter timeframes or for those who prefer a more granular look at momentum shifts. The visual separation between bullish and bearish candle bodies within the indicator can highlight sudden reversals or confirm ongoing trends in the oscillator, aiding in more precise decision-making. Because the candle overlay is cleared as soon as the bar closes, the chart remains uncluttered when scrolling through historical data, ensuring that only the necessary real-time candle information is displayed.
Overall, this indicator is intended for users who wish to track intrabar changes in RSI or Stochastic, with the added choice of standard or Heiken Ashi candle representation. The real-time candle overlay clarifies short-lived fluctuations, while the standard line plots maintain the usual clarity of past data. This approach can be beneficial for those who want deeper insights into how oscillator values develop in real time, without permanently altering the simplicity of the chart’s historical view.
Enhanced SPY Rhythm Formations Detector with Alerts//@version=6
indicator("Enhanced SPY Rhythm Formations Detector with Alerts", overlay=true)
// Inputs
maLength1 = input.int(50, title="EMA Length 1", minval=1)
maLength2 = input.int(200, title="EMA Length 2", minval=1)
shortMaLength1 = input.int(5, title="Short EMA Length 1", minval=1)
shortMaLength2 = input.int(10, title="Short EMA Length 2", minval=1)
shortMaLength3 = input.int(20, title="Short EMA Length 3", minval=1)
rsiLength = input.int(14, title="RSI Length", minval=1)
macdShort = input.int(12, title="MACD Short Length", minval=1)
macdLong = input.int(26, title="MACD Long Length", minval=1)
macdSignal = input.int(9, title="MACD Signal Length", minval=1)
atrLength = input.int(14, title="ATR Length", minval=1)
atrMultiplier = input.float(1.5, title="ATR Multiplier for Target Price", minval=0.1)
// Calculations
ma1 = ta.ema(close, maLength1)
ma2 = ta.ema(close, maLength2)
shortMa1 = ta.ema(close, shortMaLength1)
shortMa2 = ta.ema(close, shortMaLength2)
shortMa3 = ta.ema(close, shortMaLength3)
rsi = ta.rsi(close, rsiLength)
= ta.macd(close, macdShort, macdLong, macdSignal)
macdHist = macdLine - signalLine
atr = ta.atr(atrLength)
// Moving Average Crossovers
goldenCross = ta.crossover(ma1, ma2)
deathCross = ta.crossunder(ma1, ma2)
// Short MAs Crossovers
shortCross1 = ta.crossover(shortMa1, shortMa2)
shortCross2 = ta.crossover(shortMa2, shortMa3)
shortCross3 = ta.crossover(shortMa1, shortMa3)
shortCross1Down = ta.crossunder(shortMa1, shortMa2)
shortCross2Down = ta.crossunder(shortMa2, shortMa3)
shortCross3Down = ta.crossunder(shortMa1, shortMa3)
// RSI Divergence Detection
rsiHigh = ta.highest(rsi, 20)
rsiLow = ta.lowest(rsi, 20)
priceHigh = ta.highest(high, 20)
priceLow = ta.lowest(low, 20)
bearishDivergence = (high == priceHigh and rsi < rsiHigh)
bullishDivergence = (low == priceLow and rsi > rsiLow)
// MACD Histogram Zero Cross
macdZeroCrossUp = ta.crossover(macdHist, 0)
macdZeroCrossDown = ta.crossunder(macdHist, 0)
// Day Trading Signals
dayLongEntry = shortCross1 and rsi < 30
dayShortEntry = shortCross1Down and rsi > 70
// Swing Trading Signals
swingLongEntry = goldenCross and macdHist > 0
swingShortEntry = deathCross and macdHist < 0
// Next Bar Prediction
nextBarUp = close > open and close + (atr * atrMultiplier) > high
nextBarDown = close < open and close - (atr * atrMultiplier) < low
// Shaded Bar Shadow for Next Bar Prediction
bgcolor(nextBarUp ? color.new(color.green, 90) : na, title="Next Bar Up")
bgcolor(nextBarDown ? color.new(color.red, 90) : na, title="Next Bar Down")
// Blinking Alerts
var bool blink = false
blink := not blink
if (dayLongEntry)
label.new(bar_index, low, text="Day Long Entry", color=blink ? color.green : color.white, style=label.style_label_up, textcolor=color.black, size=size.small)
alert("Day Long Entry Signal Detected!", alert.freq_once_per_bar_close)
if (dayShortEntry)
label.new(bar_index, high, text="Day Short Entry", color=blink ? color.red : color.white, style=label.style_label_down, textcolor=color.black, size=size.small)
alert("Day Short Entry Signal Detected!", alert.freq_once_per_bar_close)
if (swingLongEntry)
label.new(bar_index, low, text="Swing Long Entry", color=blink ? color.blue : color.white, style=label.style_label_up, textcolor=color.black, size=size.small)
alert("Swing Long Entry Signal Detected!", alert.freq_once_per_bar_close)
if (swingShortEntry)
label.new(bar_index, high, text="Swing Short Entry", color=blink ? color.orange : color.white, style=label.style_label_down, textcolor=color.black, size=size.small)
alert("Swing Short Entry Signal Detected!", alert.freq_once_per_bar_close)
// Plotting
plot(ma1, color=color.blue, title="EMA Length 1 (50)")
plot(ma2, color=color.red, title="EMA Length 2 (200)")
plot(shortMa1, color=color.green, title="Short EMA Length 1 (5)")
plot(shortMa2, color=color.orange, title="Short EMA Length 2 (10)")
plot(shortMa3, color=color.purple, title="Short EMA Length 3 (20)")
Dynamic Pivot PointsDynamic Pivot Point Indicator
The Dynamic Pivot Point is an indicator used on the TradingView platform that dynamically calculates pivot points and displays them on the chart. This indicator provides automatically adjustable support and resistance levels for different timeframes. By visualizing dynamic levels that match current market conditions, traders can plan their strategies more effectively.
Features
Adapts to Timeframes
The indicator automatically selects the appropriate pivot calculation method based on the user's current timeframe. For example:
For short timeframes such as 1, 3, or 5 minutes, it uses daily (1D) data.
For medium timeframes like 15, 30, or 60 minutes, it uses weekly (1W) data.
For longer timeframes such as 120, 180, or 240 minutes, it uses monthly (1M) data.
For very long timeframes like 360, 480 minutes, daily (D), or weekly (1W), it uses 12-month (12M) data.
Dynamic Pivot Levels
The indicator automatically calculates pivot levels based on the specified high and low values.
Flexible Line Style Options
Users can choose different line styles (Dashed, Dotted, Solid) to improve visual clarity on the chart.
Clean and Clear Visualization
The indicator automatically removes previous lines and displays the latest levels clearly on the chart, preventing clutter and allowing traders to focus more efficiently.
How It Works
Identifying High and Low Levels
The indicator retrieves previous and current high and low levels based on the selected timeframe.
New high and low levels are updated by comparing them with previous levels.
Calculating Pivot Levels
Pivot points are calculated using Fibonacci ratios between high and low levels.
These levels represent dynamic support and resistance zones.
Drawing Lines
The calculated levels are displayed as lines on the chart, each represented with different colors and styles.
Use Cases
Support and Resistance Levels
The indicator dynamically calculates and displays support and resistance levels, serving as reference points for buy and sell decisions.
Trend Analysis
Fibonacci levels help identify trend strength and potential reversal points.
Risk Management
Pivot points assist in setting stop-loss and take-profit levels.
Multi-Timeframe Analysis
Since the indicator adapts to different timeframes, it can be used for both short-term and long-term analysis.
Advantages
✅ Automatic Calculation: No manual calculations are required, as it updates dynamically.
✅ Flexible Timeframe Support: Adapts to different timeframes.
✅ Visual Clarity: Line styles and colors make it easy to distinguish levels on the chart.
✅ Fibonacci Integration: Adds depth to technical analysis.
Conclusion
The Dynamic Pivot Point indicator is a useful tool for both beginners and experienced traders. By dynamically calculating pivot points and Fibonacci levels, it simplifies market analysis and aids in strategy development. With its flexible structure and clear visualization, it can be effectively used across all timeframes.
6 dakika önce
Sürüm Notları
This indicator is written for Support Resistance Traders
Dynamic Pivot PointDynamic Pivot Point Indicator
The Dynamic Pivot Point is an indicator used on the TradingView platform that dynamically calculates pivot points and displays them on the chart. This indicator provides automatically adjustable support and resistance levels for different timeframes. By visualizing dynamic levels that match current market conditions, traders can plan their strategies more effectively.
Features
Adapts to Timeframes
The indicator automatically selects the appropriate pivot calculation method based on the user's current timeframe. For example:
For short timeframes such as 1, 3, or 5 minutes, it uses daily (1D) data.
For medium timeframes like 15, 30, or 60 minutes, it uses weekly (1W) data.
For longer timeframes such as 120, 180, or 240 minutes, it uses monthly (1M) data.
For very long timeframes like 360, 480 minutes, daily (D), or weekly (1W), it uses 12-month (12M) data.
Dynamic Pivot Levels
The indicator automatically calculates pivot levels based on the specified high and low values.
Flexible Line Style Options
Users can choose different line styles (Dashed, Dotted, Solid) to improve visual clarity on the chart.
Clean and Clear Visualization
The indicator automatically removes previous lines and displays the latest levels clearly on the chart, preventing clutter and allowing traders to focus more efficiently.
How It Works
Identifying High and Low Levels
The indicator retrieves previous and current high and low levels based on the selected timeframe.
New high and low levels are updated by comparing them with previous levels.
Calculating Pivot Levels
Pivot points are calculated using Fibonacci ratios between high and low levels.
These levels represent dynamic support and resistance zones.
Drawing Lines
The calculated levels are displayed as lines on the chart, each represented with different colors and styles.
Use Cases
Support and Resistance Levels
The indicator dynamically calculates and displays support and resistance levels, serving as reference points for buy and sell decisions.
Trend Analysis
Fibonacci levels help identify trend strength and potential reversal points.
Risk Management
Pivot points assist in setting stop-loss and take-profit levels.
Multi-Timeframe Analysis
Since the indicator adapts to different timeframes, it can be used for both short-term and long-term analysis.
Advantages
✅ Automatic Calculation: No manual calculations are required, as it updates dynamically.
✅ Flexible Timeframe Support: Adapts to different timeframes.
✅ Visual Clarity: Line styles and colors make it easy to distinguish levels on the chart.
✅ Fibonacci Integration: Adds depth to technical analysis.
Conclusion
The Dynamic Pivot Point indicator is a useful tool for both beginners and experienced traders. By dynamically calculating pivot points and Fibonacci levels, it simplifies market analysis and aids in strategy development. With its flexible structure and clear visualization, it can be effectively used across all timeframes.
