GSD by MATAGSD by MATA - Gold-Sensitive Divergence Indicator
Overview:
The GSD by MATA indicator is designed to analyze the inverse correlation between an instrument’s price movement and gold (XAU/USD) over a selected time period. It helps traders identify whether the instrument tends to move in the opposite direction of gold, providing insights into potential hedging opportunities or market sentiment shifts.
How It Works:
User-Defined Time Period:
The user selects a time frame for comparison (1 Day, 1 Week, 1 Month, 3 Months, 6 Months, or 12 Months).
The indicator calculates the percentage change in both the instrument’s price and gold price over this period.
Inverse Movement Calculation:
If gold increases and the instrument decreases, the indicator registers a negative inverse change.
If gold decreases and the instrument increases, the indicator registers a positive inverse change.
If both move in the same direction, no inverse movement is recorded.
Cumulative Tracking:
The Reverse Change line shows the instant inverse movement.
The Total Change line accumulates the inverse movements over time, helping traders spot trends and long-term divergences.
How to Use:
A rising Total Change line (green) suggests that the instrument frequently moves in the opposite direction of gold, indicating a possible hedge effect.
A falling Total Change line (red) means the instrument has been moving in sync with gold rather than diverging.
The 0 reference line helps identify whether the cumulative effect is positive or negative over time.
Cycles
SRT - NK StockTalkSRT stands for Speculation Ratio Territory. It's a technique used in the stock market to identify the top and bottom of an index, which helps define the buying and selling zones.
Here's a brief overview of how it works:
Calculation: The SRT value is calculated by dividing the index value (like Nifty) by the 124-day Simple Moving Average (SMA) on a daily chart.
Range: The SRT value typically ranges between 0.6 (bottom) and 1.5 (top)2.
Investment Strategy:
Buying Zone: Ideal entry points are when the SRT value is between 0.6 and 0.9.
Selling Zone: It's recommended to start booking profits when the SRT value is above 1.3 and exit when it reaches around 1.4
This method helps investors make informed decisions about when to enter or exit the market, aiming for better returns and reduced risks.
Crypto Market Session Guide with Local TimeMaster the Markets with the Ultimate Trading Session Indicator
Timing is everything in trading. Knowing when liquidity is at its peak and when market sessions overlap can make all the difference in your strategy. This Market Session Guide Indicator helps you navigate the trading day with real-time session tracking, countdown timers, and local time adjustments—giving you a clear edge in the market.
Key Features
Live Session Tracking – Instantly see which trading session is active: Asian, European, US, or the high-volatility EU-US overlap.
Automatic Local Time Conversion – No need to convert UTC manually—session times adjust automatically based on your TradingView exchange settings.
Daylight Saving Time Adjustments – The US market opening and closing times are automatically adjusted for summer and winter shifts.
Countdown Timer for Session Close – Know exactly when the current session will end so you can time your trades effectively.
Next Market Opening Display – Always be prepared by knowing which market opens next and at what exact time in your local timezone.
Clear Visual Guide – A structured table in the top-right of your chart provides all essential session details without cluttering your screen.
How It Works
This indicator tracks the three main trading sessions:
Asian Session (Tokyo, Sydney): 00:00 - 09:00 UTC
European Session (London, Frankfurt): 07:00 - 16:00 UTC
US Session (New York, Chicago): 13:30 - 22:00 UTC (adjusts automatically for Daylight Saving Time)
EU-US Overlap: 12:00 - 16:00 UTC, the most volatile period of the trading day
It also highlights when a session is about to close and when the next one will begin, ensuring you are always aware of liquidity shifts in the market.
Why You Need This Indicator
Optimized for Forex, Crypto, and Indices – Helps traders align their strategies with the most active market hours.
Ideal for Scalping and Day Trading – Enter trades during peak volatility to maximize opportunities.
Eliminates Guesswork – Stop manually tracking time zones and market schedules—everything updates dynamically for you.
Upgrade Your Trading Strategy Today
This indicator simplifies market timing, ensuring you're always trading when liquidity and volatility are at their highest. Whether you're trading Forex, Crypto, or Stocks, knowing when markets open and close is essential for making informed decisions.
Try it out, and if you find it useful, consider sharing it with other traders. Your feedback is always welcome!
PriorRange v0.3 [OmarxQQQ/dc_77]PriorRangeLevels is a versatile indicator that plots key price levels based on prior period ranges across multiple timeframes. This tool helps traders identify potential support, resistance, and breakout zones by displaying the High, Low, 75%, 50% (EQ), and 25% levels from the previous period.
Key Features:
- Multi-timeframe analysis from 1-minute to Monthly charts
- Time zone flexibility with options for major global markets (NYC, London, Tokyo, etc.)
- Customizable display for each level (High, Low, 75%, EQ, 25%, Open)
- Clean, organized settings interface with grouped options
- Anchor line marking the start of prior periods
- Current period open price reference
How It Works:
The indicator detects new periods based on your selected timeframe and calculates the range of the previous period. It then plots horizontal lines at the High, Low, and three internal levels (75%, 50%, 25%) extending forward by your specified number of bars. These levels serve as potential support/resistance zones and decision points for your trading strategy.
Trading Applications:
- Use High/Low levels as potential breakout targets or reversal zones
- Monitor price reaction to the EQ (50%) level to gauge trend strength
- Identify intraday support/resistance based on previous period ranges
- Plan entries and exits around established market structure
Each component can be individually customized with different line styles, colors, and widths to match your chart preferences and analytical needs.
Originally created by @dc_77 with enhanced organization, multi-timeframe capabilities, and improved user interface. As Requested by many people.
populi a populo pro populo
GLGT
MacroJP: US Macro Conditions & Forward GuidanceMacroJP is a comprehensive, free-to-use TradingView indicator designed to provide a clear snapshot of the US macroeconomic environment. It consolidates key economic metrics into a single, interactive dashboard, allowing traders and investors to quickly assess current conditions and adjust their portfolio biases accordingly.
How It Works:
• Data Aggregation:
The indicator pulls monthly data from reputable free economic sources—specifically, ISM Manufacturing PMI, US CPI YoY, US M2 Money Supply, and US Treasury yields (10-year and 2-year). This robust dataset forms the backbone of the analysis.
• Composite Calculations:
By calculating a Composite Inflation Indicator (the average of CPI YoY and the yield spread) and evaluating the year-over-year change in M2, MacroJP gauges both the inflationary pressures and liquidity trends in the economy. These composite metrics offer a nuanced view that goes beyond single-indicator analysis.
Regime Classification:
The core strength of MacroJP lies in its quadrant classification system. It categorises the macro environment into four distinct regimes based on the direction of economic growth (derived from PMI) and inflation (from the Composite Inflation Indicator):
• Expansion (Reflation): Indicative of a recovering economy with rising production and moderate inflation—ideal for a bullish equity bias.
• Stagflation Risk: A scenario of weak growth coupled with high inflation, where a defensive posture is recommended.
• Slowdown (Deflationary): Characterised by contracting economic activity and falling prices, suggesting a move towards cash or high-quality bonds.
• Disinflationary Boom: Reflects strong growth with stable or falling inflation—an optimal environment for equities with some bond diversification.
Forward Guidance:
To enhance its predictive capability, MacroJP incorporates leading indicators by shifting key data points. For instance, it uses a forward-shifted M2 YoY value and a one-month shifted CPI proxy to offer insights into near-term trends. This approach helps in anticipating changes, providing a sort of “forward guidance” that can inform strategic asset allocation.
User Education:
The indicator features an intuitive table with on-hover tooltips that explain each metric, its relevance, and recommended investment biases. This educational layer is designed to empower users to not only monitor the economic pulse but also to understand the ‘why’ behind each reading, making it a valuable tool for both novice and experienced investors.
MacroJP brings clarity to complex macroeconomic dynamics, allowing users to make more informed decisions in volatile markets. Its seamless integration of free public data and detailed on-chart annotations makes it an indispensable tool for anyone looking to understand the broader economic context impacting their investments.
— Jaroslav
Order Blocks-[B.Balaei]Order Blocks -
**Description:**
The Order Blocks - indicator is a powerful tool designed to identify and visualize Order Blocks on your chart. Order Blocks are key levels where significant buying or selling activity has occurred, often acting as support or resistance zones. This indicator supports multiple timeframes (MTF), allowing you to analyze Order Blocks from higher timeframes directly on your current chart.
**Key Features:**
1. **Multi-Timeframe Support**: Choose any timeframe (e.g., Daily, Weekly) to display Order Blocks from higher timeframes.
2. **Customizable Sensitivity**: Adjust the sensitivity to detect more or fewer Order Blocks based on market conditions.
3. **Bullish & Bearish Order Blocks**: Clearly distinguishes between bullish (green) and bearish (red) Order Blocks.
4. **Alerts**: Get notified when price enters a Bullish or Bearish Order Block zone.
5. **Customizable Colors**: Personalize the appearance of Order Blocks to match your chart style.
**How to Use:**
1. Add the indicator to your chart.
2. Select your desired timeframe from the "Multi-Timeframe" settings.
3. Adjust the sensitivity and colors as needed.
4. Watch for Order Blocks to form and use them as potential support/resistance levels.
**Ideal For:**
- Swing traders and position traders looking for key levels.
- Traders who use multi-timeframe analysis.
- Anyone interested in understanding market structure through Order Blocks.
**Note:**
This indicator is for educational and informational purposes only. Always conduct your own analysis before making trading decisions.
**Enjoy trading with Order Blocks - !**
Historical Monthly Returns TrackerThe Historical Monthly Returns Tracker is a powerful Pine Script v5 indicator designed to provide a detailed performance analysis of an asset’s monthly returns over time. It calculates and displays the percentage change for each month, aggregated into a structured table. The indicator helps traders and investors identify seasonal trends, recurring patterns, and historical profitability for a selected asset.
Key Features
✅ Historical Performance Analysis – Tracks monthly percentage changes for any asset.
✅ Customizable Start Year – Users can define the beginning year for data analysis.
✅ Comprehensive Data Table – Displays a structured table with yearly returns per month.
✅ Aggregated Statistics – Shows average return, total sum, number of positive months, and win rate (WR) for each month.
✅ Clear Color Coding – Highlights positive returns in green, negative in red, and neutral in gray.
✅ Works on Daily & Monthly Timeframes – Ensures accurate calculations based on higher timeframes.
How It Works
Data Collection:
The script fetches monthly closing prices.
It calculates month-over-month percentage change.
The values are stored in a matrix for further processing.
Table Generation:
Displays a structured table where each row represents a year, and each column represents a month (Jan–Dec).
Monthly returns are color-coded for easy interpretation.
Aggregated Statistics:
AVG: The average return per month across all available years.
SUM: The total cumulative return for each month.
+ive: The number of times a month had positive performance vs. total occurrences.
WR (Win Rate): The percentage of times a month had a positive return.
Use Cases
📈 Seasonality Analysis: Identify which months historically perform better or worse.
📊 Risk Management: Plan trading strategies based on historical trends.
🔍 Backtesting Aid: Support algorithmic and discretionary traders with real data insights.
🔄 Asset Comparison: Compare different stocks, forex pairs, or cryptocurrencies for their seasonal behavior.
How to Use
Apply the Indicator to a chart in TradingView.
Ensure your timeframe is Daily or Monthly (lower timeframes are not supported).
The table will automatically populate based on available historical data.
Analyze the patterns, trends, and win rates to optimize trading decisions.
Limitations
⚠️ Requires a sufficient amount of historical data to provide accurate analysis.
⚠️ Works best on high-liquidity assets (stocks, indices, forex, crypto).
⚠️ Not a predictive tool but rather a historical performance tracker.
Final Thoughts
The Historical Monthly Returns Tracker is an excellent tool for traders seeking to leverage seasonal trends in their strategies. Whether you're a stock, forex, or crypto trader, this indicator provides clear, data-driven insights to help refine entry and exit points based on historical patterns.
🚀 Use this tool to make smarter, more informed trading decisions!
Weekend Filter Candlestick [odnac]Custom Candlestick Chart with Weekend Visibility Toggle
This indicator customizes the appearance of candlesticks by using a dark gray theme for better visibility.
Additionally, it provides an option to hide weekend candles, allowing traders to focus on weekday price action.
Features:
✅ Dark gray candlestick design for a clean and minimalistic look.
✅ Weekend hiding option – Users can enable or disable weekend candles with a simple toggle.
✅ Helps traders avoid weekend noise and focus on key market movements.
How to Use:
Add the indicator to your chart.
Use the "Hide Weekend Candles" setting to toggle weekend visibility.
When enabled, weekend candles will be hidden for a cleaner chart.
When disabled, all candles, including weekends, will be displayed.
This indicator is useful for traders who prefer to analyze weekday trends without unnecessary weekend fluctuations. 🚀
Yearly Percentage ChangeThe "Yearly Percentage Change" indicator analyzes the long-term performance of an asset over the past year (252 trading days). It helps traders identify the strength of an asset at first glance by the color of the drawing.
It calculates two key values:
The percentage change from the closing price 252 days ago (Year-over-Year performance).
The percentage change from the lowest price of the last 252 days.
These values are visualized with colored lines and a performance label.
📊 Features & Benefits
1️⃣ Yearly Percentage Change (YoY)
Compares the current closing price with the closing price from 252 days ago.
Draws a solid line from the previous year’s close to the current price.
Line color indicates market performance:
🔴 Red → Price increased up to 100%.
🟡 Yellow → Price increased between 100% and 200%.
🟢 Green → Price increased more than 200%.
2️⃣ 252-Day Low & Its Performance
Identifies the lowest price in the last 252 days.
Draws a dashed line from this low to the current price.
Line color reflects the performance since the low:
🔴 Red → Price increased up to 100%.
🟡 Yellow → Price increased between 100% and 200%.
🟢 Green → Price increased more than 200%.
3️⃣ Informative Performance Label
Displays two key values:
"YoY" → Percentage change from the closing price 252 days ago.
"Low252" → Percentage change from the lowest price in the past 252 days.
Label color depends on the YoY movement.
Fractal Breakout Trend Following System█ OVERVIEW
The Fractal Breakout Trend Following System is a custom technical analysis tool designed to pinpoint significant fractal pivot points and breakout levels. By analyzing price action through configurable pivot parameters, this indicator dynamically identifies key support and resistance zones. It not only marks crucial highs and lows on the chart but also signals potential trend reversals through real-time breakout detections, helping traders capture shifts in market momentum.
█ KEY FEATURES
Fractal Pivot Detection
Utilizes user-defined left and right pivot lengths to detect local highs (pivot highs) and lows (pivot lows). This fractal-based approach ensures that only meaningful price moves are considered, effectively filtering out minor market noise.
Dynamic Line Visualization
Upon confirmation of a pivot, the system draws a dynamic line representing resistance (from pivot highs) or support (from pivot lows). These lines extend across the chart until a breakout occurs, offering a continuous visual guide to key levels.
Trend Breakout Signals
Monitors for price crossovers relative to the drawn pivot lines. A crossover above a resistance line signals a bullish breakout, while a crossunder below a support line indicates a bearish move, thus updating the prevailing trend.
Pivot Labelling
Assigns labels such as "HH", "LH", "LL", or "HL" to detected pivots based on their relative values.
It uses the following designations:
HH (Higher High) : Indicates that the current pivot high is greater than the previous pivot high, suggesting continued upward momentum.
LH (Lower High) : Signals that the current pivot high is lower than the previous pivot high, which may hint at a potential reversal within an uptrend.
LL (Lower Low) : Shows that the current pivot low is lower than the previous pivot low, confirming sustained downward pressure.
HL (Higher Low) : Reveals that the current pivot low is higher than the previous pivot low, potentially indicating the beginning of an upward reversal in a downtrend.
These labels provide traders with immediate insight into the market structure and recent price behavior.
Customizable Visual Settings
Offers various customization options:
• Adjust pivot sensitivity via left/right pivot inputs.
• Toggle pivot labels on or off.
• Enable background color changes to reflect bullish or bearish trends.
• Choose preferred colors for bullish (e.g., green) and bearish (e.g., red) signals.
█ UNDERLYING METHODOLOGY & CALCULATIONS
Fractal Pivot Calculation
The script employs a sliding window technique using configurable left and right parameters to identify local highs and lows. Detected pivot values are sanitized to ensure consistency in subsequent calculations.
Dynamic Line Plotting
When a new pivot is detected, a corresponding line is drawn from the pivot point. This line extends until the price breaks the level, at which point it is reset. This method provides a continuous reference for support and resistance.
Trend Breakout Identification
By continuously monitoring price interactions with the pivot lines, the indicator identifies breakouts. A price crossover above a resistance line suggests a bullish breakout, while a crossunder below a support line indicates a bearish shift. The current trend is updated accordingly.
Pivot Label Assignment
The system compares the current pivot with the previous one to determine if the move represents a higher high, lower high, higher low, or lower low. This classification helps traders understand the underlying market momentum.
█ HOW TO USE THE INDICATOR
1 — Apply the Indicator
• Add the Fractal Breakout Trend Following System to your chart to begin visualizing dynamic pivot points and breakout signals.
2 — Adjust Settings for Your Market
• Pivot Detection – Configure the left and right pivot lengths for both highs and lows to suit your desired sensitivity:
- Use shorter lengths for more responsive signals in fast-moving markets.
- Use longer lengths to filter out minor fluctuations in volatile conditions.
• Visual Customization – Toggle the display of pivot labels and background color changes. Select your preferred colors for bullish and bearish trends.
3 — Interpret the Signals
• Support & Resistance Lines – Observe the dynamically drawn lines that represent key pivot levels.
• Pivot Labels – Look for labels like "HH", "LH", "LL", and "HL" to quickly assess market structure and trend behavior.
• Trend Signals – Watch for price crossovers and corresponding background color shifts to gauge bullish or bearish breakouts.
4 — Integrate with Your Trading Strategy
• Use the identified pivot points as potential support and resistance levels.
• Combine breakout signals with other technical indicators for comprehensive trade confirmation.
• Adjust the sensitivity settings to tailor the indicator to various instruments and market conditions.
█ CONCLUSION
The Fractal Breakout Trend Following System offers a robust framework for identifying critical fractal pivot points and potential breakout opportunities. With its dynamic line plotting, clear pivot labeling, and customizable visual settings, this indicator equips traders with actionable insights to enhance decision-making and optimize entry and exit strategies.
Mayer Multiple Zones (Crypto)Enhanced Mayer Multiple Zones
Advanced crypto valuation zones with ETH/BTC context
Key Features
Shows 6 price zones based on MA200 multiples (bubble, take profit, fair value, accumulation, value buy, strong buy)
Adds ETH/BTC ratio context for stronger signals
Works on any crypto with sufficient price history ( ETH , SOL , AAVE , etc)
Color intensity changes based on market conditions
How to Read
Color Zones : Price relative to its MA200 history
Zone Opacity : Stronger color = stronger signal (influenced by ETH/BTC context)
Status Box : Shows current "Enhanced Status" combining price level with ETH/BTC context
Context Line : Explains why the signal is strong or weak
Buy/Sell Signals
Strong Buy Signals :
• " EXTREME VALUE " (blue zone + BTC dominance)
• " STRONG VALUE BUY " (cyan zone + BTC preference)
Take Profit Signals :
• " CONFIRMED BUBBLE " (purple zone + altcoin dominance)
• " APPROACHING BUBBLE " (red zone + rising altcoin strength)
Customization
Adjust multiple thresholds (0.6x, 0.8x, 2.0x, 2.5x, 3.0x)
Toggle ETH/BTC context analysis
Configure ETH/BTC thresholds for market bias
Change MA length from default 200
This indicator helps identify optimal entry and exit points by watching the vertical color streaks on your chart. Look for deep blue/cyan zones with high opacity for strong buying opportunities, and intense purple/red zones for potential exits. The darker the color intensity, the stronger the signal—no complex interpretation needed!
Consecutive Bullish/Bearish Candles🔍 Overview:
This indicator detects market manipulation and deception by identifying sequences of consecutive bullish or bearish candles. It highlights potential reversal zones where trends may exhaust or trap traders before reversing.
📌 How It Works:
The user can set a custom number of consecutive bullish or bearish candles (default: 5).
If the set number of consecutive green (bullish) or red (bearish) candles appears, the indicator plots a signal on the chart.
This pattern often signals exhaustion, stop hunts, or market traps, making it useful for traders looking for reversal opportunities.
📊 Features:
✅ Customizable candle count for detection
✅ Visual signals (✅ for bullish, ❌ for bearish)
✅ Alerts support for automated notifications
✅ Works on all timeframes and all markets (crypto, stocks, forex)
⚠️ Note:
This indicator does not guarantee reversals but helps identify areas where traders may be trapped and a trend shift is likely. Always use it with other confluence factors like volume, support/resistance, and market sentiment.
🚀 Use this tool to spot market deception and trade smart!
D|W|M|Y Breaks with NY TimezoneThis indicator plots breaks for multiple timeframes: Daily, Weekly, Monthly, Quarterly, Half Yearly, Yearly.
I also added the option to change timezone to New York to see the week the ICT way ;)
Mayer Multiple ZonesMayer Multiple Zones
The Mayer Multiple Zones indicator is a powerful market valuation tool that helps traders identify key price zones based on multiples of the 200-period moving average. Originally inspired by the Bitcoin Mayer Multiple concept, this versatile indicator works across all markets and timeframes to visualize the relative valuation of any asset.
Key Features:
Color-coded valuation zones: Instantly recognize if the current price represents a strong buy opportunity, fair value, or potential bubble territory
Customizable multiplier levels: Adjust all zone thresholds to suit specific markets or trading strategies
Real-time status indicator: Clear market status display showing current valuation zone
Comprehensive information table: View all critical price levels and current multiple at a glance
Multi-timeframe compatible: Works seamlessly across all timeframes while maintaining accurate MA200 reference
Visual zone labeling: Clear labels for each price zone directly on the chart
How to Use:
The indicator divides price action into six distinct zones based on the MA200:
Strong Buy Zone (default: below 0.6x MA200): Extreme undervaluation, historically excellent buying opportunities
Value Buy Zone (default: 0.6x-0.8x MA200): Attractive buying range for long-term value
Accumulation Zone (default: 0.8x-1.0x MA200): Price building strength below the MA200
Fair Value Zone (default: 1.0x-2.0x MA200): Reasonable valuation range
Take Profit Zone (default: 2.0x-2.5x MA200): Overvaluation suggesting partial profit taking
Bubble Zone (default: above 2.5x MA200): Extreme overvaluation, historically unsustainable levels
This indicator serves as both a strategic planning tool for long-term investors and a tactical guide for shorter-term traders, helping identify potential reversal zones and price targets based on historical valuation patterns.
Settings:
MA Length: Adjust the moving average period (default: 200)
Multipliers: Customize each zone threshold to adapt to specific market characteristics
Perfect for all traders seeking to understand relative market valuation across any timeframe.
Astro: Moon SizeThe Astro: Moon Size indicator, built using AstroLib , calculates the distance and visualizes the apparent size of the Moon based on astronomical positioning. This script is tailored for the 1D timeframe and provides insights into lunar perigees (closest approach) and apogees (farthest distance), making it useful for astrologically-informed trading strategies.
New Astro Indicators Feature:
By setting the Julian Date to X number of days in the future, and offsetting the plot by X number of bars accordingly, it is now possible to visualize future projections of TradingView indicators that reference the AstroLib . This feature has been long requested and is far overdue, so thank you to everyone who pushed for this feature release. Enjoy, time travelers from the future!!
Key Features:
Moon Size Calculation: Uses Julian Date (J2000) conversion and AstroLib functions to determine the Moon's apparent distance.
Future Projection: Displays the Moon's distance from 28 up to 500 days ahead, with color gradients indicating proximity/size.
Pivot Identification: Marks local maxima (apogees) and minima (perigees) with labeled date stamps for easy reference.
Dynamic Labeling: Adapts label positioning and size based on the Moon's current trend and relative size.
Usage Notes:
⚠️ Timeframe Restriction: For now, the script only functions on the 1D timeframe and will prompt an error otherwise.
⚠️ Asset Restriction: This script is meant to be loaded on charts for assets that trade 24/7, like BTCUSD historical index.
RSI Trend Bias█ OVERVIEW
The RSI Trend Bias indicator is a custom technical analysis tool that utilizes the Relative Strength Index (RSI) to gauge market momentum and identify potential trend shifts. By monitoring RSI crossovers and crossunders relative to customizable threshold levels, the indicator provides clear visual cues that distinguish between bullish and bearish market conditions. This flexible approach makes it suitable for both short-term scalping and longer-term trend analysis.
█ KEY FEATURES
Dynamic RSI Trend Detection
The indicator dynamically determines market bias by monitoring the RSI for crossovers above the upper threshold and crossunders below the lower threshold. This method ensures that only significant momentum shifts trigger a change in trend, reducing false signals in volatile markets.
Adaptive Visualizations
The RSI Trend Bias indicator enhances clarity by plotting the RSI with colors that reflect current market conditions. Additionally, it offers an optional background color change to further emphasize bullish or bearish states, providing immediate visual feedback to traders.
Clear Threshold Indicators
Upper and lower threshold levels are plotted as constant reference lines, clearly delineating overbought and oversold regions. These markers help traders quickly assess market conditions at a glance.
Customizable Settings
Users have full control over key parameters including the RSI length, threshold levels, and visual settings. This customization allows the indicator to be tailored for different markets and trading styles, ensuring optimal performance across various timeframes.
█ UNDERLYING METHODOLOGY & CALCULATIONS
RSI Calculation
The indicator computes the Relative Strength Index over a user-defined period (default is 14), providing a measure of market momentum that reflects price changes over time.
Trend Determination Logic
By detecting when the RSI crosses above the upper threshold, the indicator signals a shift towards bullish momentum. Conversely, a crossunder below the lower threshold indicates bearish conditions. This straightforward binary approach filters out minor fluctuations, ensuring clarity in trend analysis.
Visual Signal Integration
Based on the detected trend, the RSI line is dynamically colored—green for bullish conditions and red for bearish conditions. An optional background color change further reinforces these signals, offering an immediate visual cue of prevailing market sentiment.
█ HOW TO USE THE INDICATOR
1 — Apply the Indicator
• Add the RSI Trend Bias indicator to a separate pane in your trading platform.
2 — Adjust Settings for Your Market
• RSI Length – Define the period for RSI calculation (default is 14).
• Threshold Levels – Set the upper (default 70) and lower (default 30) thresholds to identify overbought and oversold conditions.
• Visual Customization – Choose the bullish (green) and bearish (red) colors, and enable background color changes to enhance visual trend recognition.
3 — Interpret the Signals
• RSI Line – Observe the dynamically colored RSI line; a shift to green signals bullish momentum, while red indicates bearish conditions.
• Threshold Levels – Use the constant upper and lower lines as reference points for overbought and oversold states.
• Signal Timing – A crossover above the upper threshold or a crossunder below the lower threshold suggests potential entry or exit points.
4 — Integrate with Your Trading Strategy
• Combine RSI Trend Bias signals with other technical analysis tools to confirm market direction.
• Utilize the visual cues for fine-tuning your entry and exit decisions, ensuring robust risk management and optimized trade timing.
█ CONCLUSION
The RSI Trend Bias indicator offers a streamlined yet effective approach to monitoring market momentum. By leveraging the established principles of RSI analysis alongside dynamic visual cues, it enables traders to quickly identify bullish and bearish trends. Its customizable features and clear threshold indicators make it a valuable tool for enhancing technical analysis and making informed trading decisions.
Accurate Trend IndicatorAccurate Trend Indicator
The Accurate Trend Indicator is a powerful trend-following tool designed to help traders identify optimal buy and sell opportunities with precision. Based on the Supertrend algorithm, this indicator dynamically tracks market trends and provides clear entry and exit signals.
Features:
✅ Supertrend-Based Signals – Uses ATR (Average True Range) to determine trend direction.
✅ Buy & Sell Alerts – Displays green "BUY" labels and red "SELL" labels when trend changes.
✅ Color-Coded Candles – Bullish candles turn green, and bearish candles turn red for better visualization.
✅ Works on Any Market – Compatible with Forex, Stocks, Crypto, and Commodities.
✅ Customizable Inputs – Adjust the ATR length and multiplier to fit your trading strategy.
How It Works:
A BUY signal appears when the price crosses above the Supertrend line.
A SELL signal appears when the price crosses below the Supertrend line.
Candle colors change based on trend direction to enhance clarity.
This indicator is ideal for traders who want a simple yet effective tool to follow market trends and make informed decisions.
🚀 Try it now and enhance your trading strategy! 🚀
Vertical Lines at Specific Times### **Script Description**
This **Pine Script v6** indicator for **TradingView** plots **vertical dotted lines** at user-specified times, marking key time ranges during the day. It is designed to help traders visually track market movements within specific timeframes.
#### **Features:**
✔ **Custom Timeframes:**
- Two separate time ranges can be defined:
- **Morning Session:** (Default: 9 AM - 10 AM, New York Time)
- **Evening Session:** (Default: 9 PM - 10 PM, New York Time)
✔ **Adjustable Line Properties:**
- **Line Width:** Users can change the thickness of the vertical lines.
- **Line Colors:** Users can select different colors for morning and evening session lines.
✔ **New York Local Time Support:**
- Ensures that the vertical lines appear correctly based on **Eastern Time (ET)**.
✔ **Full-Height Vertical Lines:**
- Lines extend across the **entire chart**, from the highest high to the lowest low, for clear visibility.
- Uses **dotted line style** to avoid cluttering the chart.
#### **How It Works:**
1. The script retrieves the **current date** (year, month, day) in **New York time**.
2. Converts the **user-defined input times** into **timestamps** for accurate placement.
3. When the current time matches a specified session time, a **dotted vertical line** is drawn.
4. The script **repeats this process daily**, ensuring automatic updates.
#### **Customization Options (Inputs):**
- **Morning Start & End Time** (Default: 9 AM - 10 AM)
- **Evening Start & End Time** (Default: 9 PM - 10 PM)
- **Line Width** (Default: 2)
- **Morning Line Color** (Default: Blue)
- **Evening Line Color** (Default: Green)
#### **Use Case Scenarios:**
📈 Marking market **open & close** hours.
📊 Highlighting **key trading sessions** for day traders.
🔎 Identifying time-based **price action patterns**.
Percentage Based ZigZag█ OVERVIEW
The Percentage-Based ZigZag indicator is a custom technical analysis tool designed to highlight significant price reversals while filtering out market noise. Unlike many standard zigzag tools that rely solely on fixed price moves or generic trend-following methods, this indicator uses a configurable percentage threshold to dynamically determine meaningful pivot points. This approach not only adapts to different market conditions but also helps traders distinguish between minor fluctuations and truly significant trend shifts—whether scalping on shorter timeframes or analyzing longer-term trends.
█ KEY FEATURES & ORIGINALITY
Dynamic Pivot Detection
The indicator identifies pivot points by measuring the percentage change from the previous extreme (high or low). Only when this change exceeds a user-defined threshold is a new pivot recognized. This method ensures that only substantial moves are considered, making the indicator robust in volatile or noisy markets.
Enhanced ZigZag Visualization
By connecting significant highs and lows with a continuous line, the indicator creates a clear visual map of price swings. Each pivot point is labelled with the corresponding price and the percentage change from the previous pivot, providing immediate quantitative insight into the magnitude of the move.
Trend Reversal Projections
In addition to marking completed reversals, the script computes and displays potential future reversal points based on the current trend’s momentum. This forecasting element gives traders an advanced look at possible turning points, which can be particularly useful for short-term scalping strategies.
Customizable Visual Settings
Users can tailor the appearance by:
• Setting the percentage threshold to control sensitivity.
• Customizing colors for bullish (e.g., green) and bearish (e.g., red) reversals.
• Enabling optional background color changes that visually indicate the prevailing trend.
█ UNDERLYING METHODOLOGY & CALCULATIONS
Percentage-Based Filtering
The script continuously monitors price action and calculates the relative percentage change from the last identified pivot. A new pivot is confirmed only when the price moves a preset percentage away from this pivot, ensuring that minor fluctuations do not trigger false signals.
Pivot Point Logic
The indicator tracks the highest high and the lowest low since the last pivot. When the price reverses by the required percentage from these extremes, the algorithm:
1 — Labels the point as a significant high or low.
2 — Draws a connecting line from the previous pivot to the current one.
3 — Resets the extreme-tracking for detecting the next move.
Real-Time Reversal Estimation
Building on traditional zigzag methods, the script incorporates a projection calculation. By analyzing the current trend’s strength and recent percentage moves, it estimates where a future reversal might occur, offering traders actionable foresight.
█ HOW TO USE THE INDICATOR
1 — Apply the Indicator
• Add the Percentage-Based ZigZag indicator to your trading chart.
2 — Adjust Settings for Your Market
• Percentage Move – Set a threshold that matches your trading style:
- Lower values for sensitive, high-frequency analysis (ideal for scalping).
- Higher values for filtering out noise on longer timeframes.
• Visual Customization – Choose your preferred colors for bullish and bearish signals and enable background color changes for visual trend cues.
• Reversal Projection – Enable or disable the projection feature to display potential upcoming reversal points.
3 — Interpret the Signals
• ZigZag Lines – White lines trace significant high-to-low or low-to-high movements, visually connecting key swing points.
• Pivot Labels – Each pivot is annotated with the exact price level and percentage change, providing quantitative insight into market momentum.
• Trend Projections – When enabled, projected reversal levels offer insight into where the current trend might change.
4 — Integrate with Your Trading Strategy
• Use the indicator to identify support and resistance zones derived from significant pivots.
• Combine the quantitative data (percentage changes) with your risk management strategy to set optimal stop-loss and take-profit levels.
• Experiment with different threshold settings to adapt the indicator for various instruments or market conditions.
█ CONCLUSION
The Percentage-Based ZigZag indicator goes beyond traditional trend-following tools by filtering out market noise and providing clear, quantifiable insights into price action. With its percentage threshold for pivot detection and real-time reversal projections, this original methodology and customizable feature set offer traders a versatile edge for making informed trading decisions.
Global Liquidity Indicator in USDThis indicator aggregates the total central bank balance sheets and M2 money supply for the USA, Canada, China, European Union, Japan, and the UK, converting all values to USD and normalizing them to trillions for easy visualization. It plots three lines: Total Balance Sheet, Total M2, and Combined Total, providing a comprehensive view of global liquidity trends.
Key Features:
Dynamic Coloring: Customize line colors based on direction—green for upward trends, red for downward (or any colors you choose), with independent on/off toggles for each line.
Real-Time Currency Conversion: Uses live forex rates (e.g., USD/CNY, USD/EUR) for accurate USD conversions.
Price Alert Indicator with TableIndicator Description: Price Alert Indicator with Table
The Custom Price Alert Indicator with Table is a TradingView script designed to help traders monitor and react to significant price levels during the Asian and London trading sessions. This indicator provides visual alerts and displays relevant session data in a user-friendly table format.
Key Features:
User-Defined Session Times:
Users can specify the start and end hours for both the Asian (default: 8 AM to 2 PM) and London (default: 2 PM to 8 PM) trading sessions in their local time zone.
This flexibility allows traders from different regions to customize the indicator according to their trading hours.
Real-Time Highs and Lows:
The indicator calculates and tracks the high and low prices for the Asian and London sessions in real-time.
It continuously updates these values as new price data comes in.
Touch Notification Logic:
Alerts are triggered when the price touches the session high or low points.
Notifications are designed to avoid repetition; if the London session touches the Asian high or low, subsequent touches are not alerted until the next trading day.
Interactive Table Display:
A table is presented in the bottom right corner of the chart, showing:
The Asian low and high prices
The London low and high prices
Whether each price level has been touched.
Touched levels are visually highlighted in green, making it easy for traders to identify relevant price actions.
Daily Reset of Notifications:
The notification statuses are reset at the end of the London session each day, preparing for the next day’s trading activity.
Use Cases:
Traders can utilize this indicator to stay informed about pivotal price levels during important trading sessions, aiding in decision-making and strategy development.
The clear visual representation of price levels and touch statuses helps traders quickly assess market conditions.
This indicator is particularly beneficial for day traders and those who focus on price movements around key high and low points during the trading day.
[COG]TMS Crossfire 🔍 TMS Crossfire: Guide to Parameters
📊 Core Parameters
🔸 Stochastic Settings (K, D, Period)
- **What it does**: These control how the first stochastic oscillator works. Think of it as measuring momentum speed.
- **K**: Determines how smooth the main stochastic line is. Lower values (1-3) react quickly, higher values (3-9) are smoother.
- **D**: Controls the smoothness of the signal line. Usually kept equal to or slightly higher than K.
- **Period**: How many candles are used to calculate the stochastic. Standard is 14 days, lower for faster signals.
- **For beginners**: Start with the defaults (K:3, D:3, Period:14) until you understand how they work.
🔸 Second Stochastic (K2, D2, Period2)
- **What it does**: Creates a second, independent stochastic for stronger confirmation.
- **How to use**: Can be set identical to the first one, or with slightly different values for dual confirmation.
- **For beginners**: Start with the same values as the first stochastic, then experiment.
🔸 RSI Length
- **What it does**: Controls the period for the RSI calculation, which measures buying/selling pressure.
- **Lower values** (7-9): More sensitive, good for short-term trading
- **Higher values** (14-21): More stable, better for swing trading
- **For beginners**: The default of 11 is a good balance between speed and reliability.
🔸 Cross Level
- **What it does**: The centerline where crosses generate signals (default is 50).
- **Traditional levels**: Stochastics typically use 20/80, but 50 works well for this combined indicator.
- **For beginners**: Keep at 50 to focus on trend following strategies.
🔸 Source
- **What it does**: Determines which price data is used for calculations.
- **Common options**:
- Close: Most common and reliable
- Open: Less common
- High/Low: Used for specialized indicators
- **For beginners**: Stick with "close" as it's most commonly used and reliable.
🎨 Visual Theme Settings
🔸 Bullish/Bearish Main
- **What it does**: Sets the overall color scheme for bullish (up) and bearish (down) movements.
- **For beginners**: Green for bullish and red for bearish is intuitive, but choose any colors that are easy for you to distinguish.
🔸 Bullish/Bearish Entry
- **What it does**: Colors for the entry signals shown directly on the chart.
- **For beginners**: Use bright, attention-grabbing colors that stand out from your chart background.
🌈 Line Colors
🔸 K1, K2, RSI (Bullish/Bearish)
- **What it does**: Controls the colors of each indicator line based on market direction.
- **For beginners**: Use different colors for each line so you can quickly identify which line is which.
⏱️ HTF (Higher Timeframe) Settings
🔸 HTF Timeframe
- **What it does**: Sets which higher timeframe to use for filtering (e.g., 240 = 4 hour chart).
- **How to choose**: Should be at least 4x your current chart timeframe (e.g., if trading on 15min, use 60min or higher).
- **For beginners**: Start with a timeframe 4x higher than your trading chart.
🔸 Use HTF Filter
- **What it does**: Toggles whether the higher timeframe filter is applied or not.
- **For beginners**: Keep enabled to reduce false signals, especially when learning.
🔸 HTF Confirmation Bars
- **What it does**: How many bars must confirm a trend change on higher timeframe.
- **Higher values**: More reliable but slower to react
- **Lower values**: Faster signals but more false positives
- **For beginners**: Start with 2-3 bars for a good balance.
📈 EMA Settings
🔸 Use EMA Filter
- **What it does**: Toggles price filtering with an Exponential Moving Average.
- **For beginners**: Keep enabled for better trend confirmation.
🔸 EMA Period
- **What it does**: Length of the EMA for filtering (shorter = faster reactions).
- **Common values**:
- 5-13: Short-term trends
- 21-50: Medium-term trends
- 100-200: Long-term trends
- **For beginners**: 5-10 is good for short-term trading, 21 for swing trading.
🔸 EMA Offset
- **What it does**: Shifts the EMA forward or backward on the chart.
- **For beginners**: Start with 0 and adjust only if needed for visual clarity.
🔸 Show EMA on Chart
- **What it does**: Toggles whether the EMA appears on your main price chart.
- **For beginners**: Keep enabled to see how price relates to the EMA.
🔸 EMA Color, Style, Width, Transparency
- **What it does**: Customizes how the EMA line looks on your chart.
- **For beginners**: Choose settings that make the EMA visible but not distracting.
🌊 Trend Filter Settings
🔸 Use EMA Trend Filter
- **What it does**: Enables a multi-EMA system that defines the overall market trend.
- **For beginners**: Keep enabled for stronger trend confirmation.
🔸 Show Trend EMAs
- **What it does**: Toggles visibility of the trend EMAs on your chart.
- **For beginners**: Enable to see how price moves relative to multiple EMAs.
🔸 EMA Line Thickness
- **What it does**: Controls how the thickness of EMA lines is determined.
- **Options**:
- Uniform: All EMAs have the same thickness
- Variable: Each EMA has its own custom thickness
- Hierarchical: Automatically sized based on period (longer periods = thicker)
- **For beginners**: "Hierarchical" is most intuitive as longer-term EMAs appear more dominant.
🔸 EMA Line Style
- **What it does**: Sets the line style (solid, dotted, dashed) for all EMAs.
- **For beginners**: "Solid" is usually clearest unless you have many lines overlapping.
🎭 Trend Filter Colors/Width
🔸 EMA Colors (8, 21, 34, 55)
- **What it does**: Sets the color for each individual trend EMA.
- **For beginners**: Use a logical progression (e.g., shorter EMAs brighter, longer EMAs darker).
🔸 EMA Width Settings
- **What it does**: Controls the thickness of each EMA line.
- **For beginners**: Thicker lines for longer EMAs make them easier to distinguish.
🔔 How These Parameters Work Together
The power of this indicator comes from how these components interact:
1. **Base Oscillator**: The stochastic and RSI components create the main oscillator
2. **HTF Filter**: The higher timeframe filter prevents trading against larger trends
3. **EMA Filter**: The EMA filter confirms signals with price action
4. **Trend System**: The multi-EMA system identifies the overall market environment
Think of it as multiple layers of confirmation, each adding more reliability to your trading signals.
💡 Tips for Beginners
1. **Start with defaults**: Use the default settings first and understand what each element does
2. **One change at a time**: When customizing, change only one parameter at a time
3. **Keep notes**: Write down how each change affects your results
4. **Backtest thoroughly**: Test any changes on historical data before trading real money
5. **Less is more**: Sometimes simpler settings work better than complicated ones
Remember, no indicator is perfect - always combine this with proper risk management and other forms of analysis!
Electronic Trading Hours Session/CandlesThis indicator visually distinguishes the electronic trading session, spanning from the prior day's close (e.g., 5:00 PM EST) through the overnight period until the next day's opening bell (e.g., 9:30 AM EST).
It can be customized to highlight this period with a shaded zone or colored candles depending on the trader’s preference.
The overnight levels that create the opening range gap often act as critical zones of liquidity.
The indicator provides a clear visual cue of potential price magnets that smart money (institutional traders) may target during the opening bell session to trigger liquidity sweeps.
