Adaptive HMA SignalsAdaptive HMA Signals
This indicator pairs nicely with the Contrarian 100 MA and can be located here:
Overview
The "Adaptive HMA Signals" indicator is a sophisticated technical analysis tool designed for traders aiming to capture trend changes with precision. By leveraging Hull Moving Averages (HMAs) that adapt dynamically to market conditions (volatility or volume), this indicator generates actionable buy and sell signals based on price interactions with adaptive HMAs and slope analysis. Optimized for daily charts, it is highly customizable and suitable for trading forex, stocks, cryptocurrencies, or other assets. The indicator is ideal for swing traders and trend followers seeking to time entries and exits effectively.
How It Works
The indicator uses two adaptive HMAs—a primary HMA and a minor HMA—whose periods adjust dynamically based on user-selected market conditions (volatility via ATR or volume via RSI). It calculates the slope of the primary HMA to identify trend strength and generates exit signals when the price crosses the minor HMA under specific slope conditions. Signals are plotted as circles above or below the price, with inverted colors (white for buy, blue for sell) to enhance visibility on any chart background.
Key Components
Adaptive HMAs: Two HMAs (primary and minor) with dynamic periods that adjust based on volatility (ATR-based) or volume (RSI-based) conditions. Periods range between user-defined minimum and maximum values, adapting by a fixed percentage (3.141%).
Slope Analysis: Calculates the slope of the primary HMA over a 34-bar period to gauge trend direction and strength, normalized using market range data.
Signal Logic: Generates buy signals (white circles) when the price falls below the minor HMA with a flat or declining slope (indicating a potential trend reversal) and sell signals (blue circles) when the price rises above the minor HMA with a flat or rising slope.
Signal Visualization: Plots signals at an offset based on ATR for clarity, using semi-transparent colors to avoid chart clutter.
Mathematical Concepts
Dynamic Period Adjustment:
Primary HMA period adjusts between minLength (default: 144) and maxLength (default: 200).
Minor HMA period adjusts between minorMin (default: 55) and minorMax (default: 89).
Periods decrease by 3.141% under high volatility/volume and increase otherwise.
HMA Calculation:
Uses the Hull Moving Average formula: WMA(2 * WMA(src, length/2) - WMA(src, length), sqrt(length)).
Provides a smoother, faster-responding moving average compared to traditional MAs.
Slope Calculation:
Computes the slope of the primary HMA using a 34-bar period, normalized by the market range (highest high - lowest low over 34 bars).
Slope angle is converted to degrees using arccosine for intuitive trend strength interpretation.
Signal Conditions:
Buy: Slope ≥ 17° (flat or rising), price < minor HMA, low volatility/volume.
Sell: Slope ≤ -17° (flat or declining), price > minor HMA, low volatility/volume.
Signals are triggered only on confirmed bars to avoid repainting.
Entry and Exit Rules
Buy Signal (White Circle): Triggered when the price crosses below the minor HMA, the slope of the primary HMA is flat or rising (≥17°), and volatility/volume is low. The signal appears as a white circle above the price bar, offset by 0.72 * ATR(5).
Sell Signal (Blue Circle): Triggered when the price crosses above the minor HMA, the slope of the primary HMA is flat or declining (≤-17°), and volatility/volume is low. The signal appears as a blue circle below the price bar, offset by 0.72 * ATR(5).
Exit Rules: Exit a buy position on a sell signal and vice versa. Combine with other tools (e.g., support/resistance, RSI) for additional confirmation. Always apply proper risk management.
Recommended Usage
The "Adaptive HMA Signals" indicator is optimized for daily charts but can be adapted to other timeframes (e.g., 1H, 4H) with adjustments to period lengths. It performs best in trending or range-bound markets with clear reversal points. Traders should:
Backtest the indicator on their chosen asset and timeframe to validate signal reliability.
Combine with other technical tools (e.g., trendlines, Fibonacci retracements) for stronger trade setups.
Adjust minLength, maxLength, minorMin, and minorMax based on market volatility and timeframe.
Use the Charger input to toggle between volatility (ATR) and volume (RSI) adaptation for optimal performance in specific market conditions.
Customization Options
Source: Choose the price source (default: close).
Show Signals: Toggle visibility of buy/sell signals (default: true).
Charger: Select adaptation trigger—Volatility (ATR-based) or Volume (RSI-based) (default: Volatility).
Main HMA Periods: Set minimum (default: 144) and maximum (default: 200) periods for the primary HMA.
Minor HMA Periods: Set minimum (default: 55) and maximum (default: 89) periods for the minor HMA.
Slope Period: Fixed at 34 bars for slope calculation, adjustable via code if needed.
Why Use This Indicator?
The "Adaptive HMA Signals" indicator combines the responsiveness of HMAs with dynamic adaptation to market conditions, offering a robust tool for identifying trend reversals. Its clear visual signals, customizable periods, and adaptive logic make it versatile for various markets and trading styles. Whether you’re a beginner or an experienced trader, this indicator enhances your ability to time entries and exits with precision.
Tips for Users
Test the indicator thoroughly on your chosen market and timeframe to optimize settings (e.g., adjust period lengths for non-daily charts).
Use in conjunction with price action or other indicators (e.g., RSI, MACD) for stronger trade confirmation.
Monitor volatility/volume conditions to ensure the Charger setting aligns with market dynamics.
Ensure your chart timeframe aligns with the selected period lengths for accurate signal generation.
Apply strict risk management to protect against false signals in choppy markets.
Happy trading with the Adaptive HMA Signals indicator! Share your feedback and strategies in the TradingView community!
Educational
MAs+Engulfing O caminho das Criptos
This indicator overlays multiple moving averages (EMAs 20/50/100/200 and SMA 200) and highlights bullish/bearish engulfing candles by dynamically coloring the candle body. When a bullish engulfing is detected, the candle appears as a strong dark green; for bearish engulfing, a more vivid red. Normal candles keep classic lime/red colors. Visual alerts and bar coloring make price-action patterns instantly visible.
Includes built-in alert conditions for both patterns, supporting both trading automation and education. The tool upgrades trend-following setups by combining structure with automatic price action insights.
Este indicador combina médias móveis (EMAs de 20/50/100/200 e SMA 200) com detecção de engolfo de alta/baixa, colorindo o candle automaticamente: engolfo de alta com verde escuro, engolfo de baixa com vermelho destacado. Inclui alertas automáticos para ambos os padrões, perfeito para análise visual, estratégia, ou ensino.
Ichimoku Estratégico - Señales y RupturasIndicator Description: "Ichimoku Unificado - Señales Avanzadas y Rupturas v6" (English)
This indicator combines the power of the classic Ichimoku Kinko Hyo analysis with advanced filters and breakout signals, offering a comprehensive and visually clear technical analysis tool built in Pine Script v6.
Key Features:
Complete Ichimoku Components:
Calculates and displays the core lines: Tenkan-sen (Conversion), Kijun-sen (Base), Senkou Span A and B (forming the Cloud or Kumo), and Chikou Span (Lagging).
Allows adjustment of calculation periods for each line and the cloud displacement.
Advanced Signal System:
Primary Signals: Based on crossovers between the Conversion Line (Tenkan) and the Base Line (Kijun).
Confirmation Filters:
RSI Filter: Incorporates an RSI oscillator to confirm overbought or oversold conditions before generating signals.
Chikou Span Filter: Validates that the past price (Chikou) is aligned in the correct direction before the signal.
Price Condition: Requires the price to be above/below the cloud for buy/sell signals respectively.
Generates visual signals (triangles) only when all defined criteria are met.
Breakout Detection:
Identifies and marks visually (with diamonds) when the price breaks above the top of the cloud (bullish signal) or below the bottom of the cloud (bearish signal).
Allows filtering by a minimum breakout size (optional).
Enhanced Visualization:
Cloud (Kumo): Draws the cloud with colors indicating trend (green/bullish or red/bearish) and adjustable transparency.
Circles on Crossovers: Optionally, shows circles at the exact points of Tenkan/Kijun crossovers (inspired by the original v4).
Bar Coloring: Optionally, colors the background price bars based on the price's relative position to the cloud and the direction of Tenkan/Kijun.
Information Panel:
Displays in real-time (in the top-right corner) the status of key conditions generating the signals: Crossover, Position relative to cloud, Breakout, RSI and Chikou filters, and the final signal.
Alerts:
Generates customizable alerts for buy and sell signals.
Considerations:
This indicator is a technical analysis tool for visualizing market data and potential trading setups according to the defined parameters.
It does not guarantee profits or predict the future price direction with certainty.
It is recommended for use in conjunction with other analyses and sound risk management.
Incorporates elements of original code by "ozzy_livin" under the Mozilla Public License 2.0 (MPL 2.0).
Combined MOST + ATR MOST + ATR Combined indicator. This is published by interesting idea for my dad he tought that he combination of these two indicators gives a good result
Linear Regression by Uttamwith Buy Sell Signal with regression channel
with Buy Sell Signal with regression channel
with Buy Sell Signal with regression channel
with Buy Sell Signal with regression channel
CVD Divergences (cdikici71 x tncylyv)CVD Divergence
Summary
This indicator brings the powerful and creative divergence detection logic from @cdikici71's popular "cd_RSI_Divergence_Cx" script to the world of volume analysis.
While RSI is a fantastic momentum tool, I personally choose to rely on volume as a primary source of truth. This script was born from the desire to see how true buying and selling pressure—measured by Cumulative Volume Delta (CVD)—diverges from price action. It takes the brilliant engine built by @cdikici71 and applies it to CVD, offering a unique look into market conviction.
What is Cumulative Volume Delta (CVD)?
CVD is a running total of volume that transacted at the ask price (buying) minus volume that transacted at the bid price (selling). In simple terms, it shows whether buyers or sellers have been more aggressive over a period. A rising CVD suggests net buying pressure, while a falling CVD suggests net selling pressure.
Core Features
• Divergence Engine by @cdikici71: The script uses the exact same two powerful methods for finding divergences as the original RSI version:
o Alignment with HTF Sweep: The default, cleaner method for finding high-probability divergences.
o All: A more sensitive method that finds all possible divergences.
• Anchored CVD Periods: You can choose to reset the CVD calculation on a Daily, Weekly, or Monthly basis to analyze buying and selling pressure within specific periods. Or, you can leave it on Continuous to see the all-time flow.
• Automatic Higher Timeframe (HTF) Alignment: To remove the guesswork, the "Auto-Align HTF" option will automatically select a logical higher timeframe for divergence analysis based on your current chart (e.g., 15m chart uses 4H for divergence, 1H chart uses 1D, etc.). You can also turn this off for full manual control.
• Fully Customizable Information Table: An on-screen table keeps you updated on the divergence status. You can easily adjust its Position and Size in the settings to fit your chart layout.
• Built-in Alerts: Alerts are configured for both Bullish and Bearish divergences to notify you as soon as they occur.
How to Use This Indicator
The principle is the same as any divergence strategy, but with the conviction of volume behind it.
• 🔴 Bearish Divergence: Price makes a Higher High, but the CVD makes a Lower High or an equal high. This suggests that the buying pressure is weakening and may not be strong enough to support the new price high.
• 🟢 Bullish Divergence: Price makes a Lower Low, but the CVD makes a Higher Low or an equal low. This suggests that selling pressure is exhausting and the market may be ready for a reversal.
Always use divergence signals as a confluence with your own analysis, support/resistance levels, and market structure.
Huge Thanks and Credit
This script would not exist without the brilliant and creative work of @cdikici71. The entire divergence detection engine, the visualization style, and the core logic are based on his original masterpiece, "cd_RSI_Divergence_Cx". I have simply adapted his framework to a different data source.
If you find this indicator useful, please go and show your support for his original work!
________________________________________
Disclaimer: This is a tool for analysis, not a financial advice signal service. Please use it responsibly as part of a complete trading strategy.
Strategy Builderuse external indicators on the chart as a source for a strategy. use 5 different triggers with drop down conditions. you can use any indicator that plots.
I will amend info when I get more time. improvement suggestions or indicator combinations would be appreciated.
Directional Strength IndicatorThe DSI fuses momentum (RSI), price acceleration (ROC), and volume strength across three hierarchical timeframes. When all three metrics align upward (or downward) it signals a strong directional move; otherwise it flags a lack of clear direction, useful as a filter or trigger in trading strategies. Watch the video at youtu.be
Market Movement Indicator (MMI) The indicator fuses trend‑following (Supertrend) and momentum (EMA hierarchy) filters to give a clear, binary‑plus‑neutral signal that can be used for entry/exit decisions, position sizing, or as a filter for other strategies. Watch the video at youtu.be
Close Price & (% Change / Volume)this places the ratio of change with volume to give us idea if the price is moving or not with volume. If ratio is more more means percent change is high than volumne if ratio is less then % change is less than volume
Order Block Volumatic FVG StrategyInspired by: Volumatic Fair Value Gaps —
License: CC BY-NC-SA 4.0 (Creative Commons Attribution–NonCommercial–ShareAlike).
This script is a non-commercial derivative work that credits the original author and keeps the same license.
What this strategy does
This turns BigBeluga’s visual FVG concept into an entry/exit strategy. It scans bullish and bearish FVG boxes, measures how deep price has mitigated into a box (as a percentage), and opens a long/short when your mitigation threshold and filters are satisfied. Risk is managed with a fixed Stop Loss % and a Trailing Stop that activates only after a user-defined profit trigger.
Additions vs. the original indicator
✅ Strategy entries based on % mitigation into FVGs (long/short).
✅ Lower-TF volume split using upticks/downticks; fallback if LTF data is missing (distributes prior bar volume by close’s position in its H–L range) to avoid NaN/0.
✅ Per-FVG total volume filter (min/max) so you can skip weak boxes.
✅ Age filter (min bars since the FVG was created) to avoid fresh/immature boxes.
✅ Bull% / Bear% share filter (the 46%/53% numbers you see inside each FVG).
✅ Optional candle confirmation and cooldown between trades.
✅ Risk management: fixed SL % + Trailing Stop with a profit trigger (doesn’t trail until your trigger is reached).
✅ Pine v6 safety: no unsupported args, no indexof/clamp/when, reverse-index deletes, guards against zero/NaN.
How a trade is decided (logic overview)
Detect FVGs (same rules as the original visual logic).
For each FVG currently intersected by the bar, compute:
Mitigation % (how deep price has entered the box).
Bull%/Bear% split (internal volume share).
Total volume (printed on the box) from LTF aggregation or fallback.
Age (bars) since the box was created.
Apply your filters:
Mitigation ≥ Long/Short threshold.
Volume between your min and max (if enabled).
Age ≥ min bars (if enabled).
Bull% / Bear% within your limits (if enabled).
(Optional) the current candle must be in trade direction (confirm).
If multiple FVGs qualify on the same bar, the strategy uses the most recent one.
Enter long/short (no pyramiding).
Exit with:
Fixed Stop Loss %, and
Trailing Stop that only starts after price reaches your profit trigger %.
Input settings (quick guide)
Mitigation source: close or high/low. Use high/low for intrabar touches; close is stricter.
Mitigation % thresholds: minimal mitigation for Long and Short.
TOTAL Volume filter: skip FVGs with too little/too much total volume (per box).
Bull/Bear share filter: require, e.g., Long only if Bull% ≥ 50; avoid Short when Bull% is high (Short Bull% max).
Age filter (bars): e.g., ≥ 20–30 bars to avoid fresh boxes.
Confirm candle: require candle direction to match the trade.
Cooldown (bars): minimum bars between entries.
Risk:
Stop Loss % (fixed from entry price).
Activate trailing at +% profit (the trigger).
Trailing distance % (the trailing gap once active).
Lower-TF aggregation:
Auto: TF/Divisor → picks 1/3/5m automatically.
Fixed: choose 1/3/5/15m explicitly.
If LTF can’t be fetched, fallback allocates prior bar’s volume by its close position in the bar’s H–L.
Suggested starting presets (you should optimize per market)
Mitigation: 60–80% for both Long/Short.
Bull/Bear share:
Long: Bull% ≥ 50–70, Bear% ≤ 100.
Short: Bull% ≤ 60 (avoid shorting into strong support), Bear% ≥ 0–70 as you prefer.
Age: ≥ 20–30 bars.
Volume: pick a min that filters noise for your symbol/timeframe.
Risk: SL 4–6%, trailing trigger 1–2%, distance 1–2% (crypto example).
Set slippage/fees in Strategy Properties.
Notes, limitations & best practices
Data differences: The LTF split uses request.security_lower_tf. If the exchange/data feed has sparse LTF data, the fallback kicks in (it’s deliberate to avoid NaNs but is a heuristic).
Real-time vs backtest: The current bar can update until close; results on historical bars use closed data. Use “Bar Replay” to understand intrabar effects.
No pyramiding: Only one position at a time. Modify pyramiding in the header if you need scaling.
Assets: For spot/crypto, TradingView “volume” is exchange volume; in some markets it may be tick volume—interpret filters accordingly.
Risk disclosure: Past performance ≠ future results. Use appropriate position sizing and risk controls; this is not financial advice.
Credits
Visual FVG concept and original implementation: BigBeluga.
This derivative strategy adds entry/exit logic, volume/age/share filters, robust LTF handling, and risk management while preserving the original spirit.
License remains CC BY-NC-SA 4.0 (non-commercial, attribution required, share-alike).
Contrarian Period High & LowContrarian Period High & Low
This indicator pairs nicely with the Contrarian 100 MA and can be located here:
Overview
The "Contrarian Period High & Low" indicator is a powerful technical analysis tool designed for traders seeking to identify key support and resistance levels and capitalize on contrarian trading opportunities. By tracking the highest highs and lowest lows over user-defined periods (Daily, Weekly, or Monthly), this indicator plots historical levels and generates buy and sell signals when price breaks these levels in a contrarian manner. A unique blue dot counter and action table enhance decision-making, making it ideal for swing traders, trend followers, and those trading forex, stocks, or cryptocurrencies. Optimized for daily charts, it can be adapted to other timeframes with proper testing.
How It Works
The indicator identifies the highest high and lowest low within a specified period (e.g., daily, weekly, or monthly) and draws horizontal lines for the previous period’s extremes on the chart. These levels act as dynamic support and resistance zones. Contrarian signals are generated when the price crosses below the previous period’s low (buy signal) or above the previous period’s high (sell signal), indicating potential reversals. A blue dot counter tracks consecutive buy signals, and a table displays the count and recommended action, helping traders decide whether to hold or flip positions.
Key Components
Period High/Low Levels: Tracks the highest high and lowest low for each period, plotting red lines for highs and green lines for lows from the bar where they occurred, extending for a user-defined length (default: 200 bars).
Contrarian Signals: Generates buy signals (blue circles) when price crosses below the previous period’s low and sell signals (white circles) when price crosses above the previous period’s high, designed to capture potential reversals.
Blue Dot Tracker: Counts consecutive buy signals (“blue dots”). If three or more occur, it suggests a stronger trend, with the table recommending whether to “Hold Investment” or “Flip Investment.”
Action Table: A 2x2 table in the bottom-right corner displays the blue dot count and action (“Hold Investment” if count ≥ 4, else “Flip Investment”) for quick reference.
Mathematical Concepts
Period Detection: Uses an approximate bar count to define periods (1 bar for Daily, 5 bars for Weekly, 20 bars for Monthly on a daily chart). When a new period starts, the previous period’s high/low is finalized and plotted.
High/Low Tracking:
Highest high (periodHigh) and lowest low (periodLow) are updated within the period.
Lines are drawn at these levels when the period ends, starting from the bar where the extreme occurred (periodHighBar, periodLowBar).
Signal Logic:
Buy signal: ta.crossunder(close , prevPeriodLow) and not lowBroken and barstate.isconfirmed
Sell signal: ta.crossover(close , prevPeriodHigh) and not highBroken and barstate.isconfirmed
Flags (highBroken, lowBroken) prevent multiple signals for the same level within a period.
Blue Dot Counter: Increments on each buy signal, resets on a sell signal or if price exceeds the entry price after three or more buy signals.
Entry and Exit Rules
Buy Signal (Blue Circle): Triggered when the price crosses below the previous period’s low, suggesting a potential oversold condition and buying opportunity. The signal appears as a blue circle below the price bar.
Sell Signal (White Circle): Triggered when the price crosses above the previous period’s high, indicating a potential overbought condition and selling opportunity. The signal appears as a white circle above the price bar.
Blue Dot Tracker:
Increments blueDotCount on each buy signal and sets an entryPrice on the first buy.
Resets on a sell signal or if price exceeds entryPrice after three or more buy signals.
If blueDotCount >= 3, the table suggests holding; if >= 4, it reinforces “Hold Investment.”
Exit Rules: Exit a buy position on a sell signal or when price exceeds the entry price after three or more buy signals. Combine with other tools (e.g., trendlines, support/resistance) for additional confirmation. Always apply proper risk management.
Recommended Usage
The "Contrarian Period High & Low" indicator is optimized for daily charts but can be adapted to other timeframes (e.g., 1H, 4H) with adjustments to the period bar count. It excels in markets with clear support/resistance levels and potential reversal zones. Traders should:
Backtest the indicator on their chosen asset and timeframe to validate signal reliability.
Combine with other technical tools (e.g., moving averages, Fibonacci levels) for stronger trade confirmation.
Adjust barsPerPeriod (e.g., ~120 bars for Weekly on hourly charts) based on the chart timeframe and market volatility.
Monitor the action table to guide position management based on blue dot counts.
Customization Options
Period Type: Choose between Daily, Weekly, or Monthly periods (default: Monthly).
Line Length: Set the length of high/low lines in bars (default: 200).
Show Highs/Lows: Toggle visibility of period high (red) and low (green) lines.
Max Lines to Keep: Limit the number of historical lines displayed (default: 10).
Hide Signals: Toggle buy/sell signal visibility for a cleaner chart.
Table Display: A fixed table in the bottom-right corner shows the blue dot count and action, with yellow (Hold) or green (Flip) backgrounds based on the count.
Why Use This Indicator?
The "Contrarian Period High & Low" indicator offers a unique blend of support/resistance visualization and contrarian signal generation, making it a versatile tool for identifying potential reversals. Its clear visual cues (lines and signals), blue dot tracker, and actionable table provide traders with an intuitive way to monitor market structure and manage trades. Whether you’re a beginner or an experienced trader, this indicator enhances your ability to spot key levels and time entries/exits effectively.
Tips for Users
Test the indicator thoroughly on your chosen market and timeframe to optimize settings (e.g., adjust barsPerPeriod for non-daily charts).
Use in conjunction with price action or other indicators for stronger trade setups.
Monitor the action table to decide whether to hold or flip positions based on blue dot counts.
Ensure your chart timeframe aligns with the selected period type (e.g., daily chart for Monthly periods).
Apply strict risk management to protect against false breakouts.
Happy trading with the Contrarian Period High & Low indicator! Share your feedback and strategies in the TradingView community!
Iron Condor Pro v6 – Full EngineIronCondor Engine v6.6 is a multi-mode options strategy tool for planning and managing iron condors, straddles, strangles, and butterflies. It supports both setup planning and live trade tracking with modeled delta, risk-based strike selection, IV rank estimation, and visual breach alerts.
Use Setup Mode to preview strike structures based on IV proxy, ATR, delta targeting, and risk tier (High/Mid/Low/Delta). Use Live Mode to track real trades, enter strike/premium data, and monitor live P&L, delta drift, and range status.
This script does not connect to live option chains. Volatility and delta are modeled using price history. All strikes and premiums must be confirmed using your broker before placing trades. Best used with strong support/resistance levels and high IV rank (30%+).
For educational purposes only.
Workflow Guide
Use this flow whether you're setting up on Sunday night or any day before placing a trade.
Step 0: Pre-Script Preparation
Before using the script:
Identify major support and resistance zones on your chart. Define the expected range or consolidation area. Use this context to help evaluate strike placement
1. Setup Phase (Pre-Trade Planning)
Step 1 – Load the Script
Add: IronCondor Engine v6.6 – Full Risk/Decay Edition to your chart
Step 2 – Set Mode = Setup
This enables planning mode, where the engine calculates strike combinations based on:
Your selected risk profile (High, Mid, Low, or Delta)
Historical volatility (20-day log return)
ATR (Average True Range)
Target short delta (adjustable)
Step 3 – Review Setup Table
Enable Show Setup Table to view calculated strikes and width by risk tier.
Adjust any of the following as needed:
Target Short Delta
Strike Interval ($)
Width multipliers (High/Mid/Low)
Risk tier under Auto-Feed Choice
Step 4 – Evaluate the Setup
Is the net credit at least 1.5–2.0x your max risk?
Are the short strikes clearly outside support/resistance zones?
Are the short deltas between 0.15 and 0.30?
Is the range wide enough to handle normal price movement?
Step 5 – Prep for Execution
Enable Auto-Feed Setup → Live to carry Setup strikes into Live mode
Or disable it if you prefer to manually enter strikes later
2. Trade Execution (Live Tracking Mode)
Step 1 – Place the Trade with Your Broker
Use your brokerage (TOS, Tasty, IBKR, etc.) to place the iron condor or other structure
Step 2 – Set Mode = Live
In Live mode:
If Auto-Feed is ON, the Setup strikes auto-populate
If Auto-Feed is OFF, manually enter:
Short and long strikes (Call and Put)
Premiums collected/paid per leg
Total net credit (Entry Credit)
Optional: Input current mid prices for each leg in the "Live Chain" section to track live mark-to-market P&L
Once all required fields are valid, the script activates:
Real-time profit/loss tracking
Max risk estimate
Delta monitoring on short legs
IV Rank estimate
Breach detection system
Chart visuals (if enabled)
3. Trade Management (During the Week)
While the trade is active, use the dashboard and visuals to monitor:
Key Metrics:
Unrealized P/L %
Mark-to-market value vs entry credit
Daily decay (theta)
Days until expiration
Breach status:
In Range
Near Breach
Breached
Alerts:
Price near short strike → suggests roll
Price breaches long strike → breach alert
50% or 75% profit → optional exit signal
Delta exceeds threshold → exposure may need adjustment
Management Tips:
At 50–75% profit: consider closing early
If price nears a short leg: roll, hedge, or manage
If nearing expiry: decide whether to hold or close
If IV collapses: may accelerate time decay or reduce exit value
4. End-of-Week or Expiration Management
If Profit Target Hit
Close early to reduce risk and lock gains
If Still Open Near Expiry
Close the position or
Hold through expiration only if you're fully prepared for pinning/gamma/assignment scenarios
Avoid holding open spreads over the weekend unless part of a defined strategy
Reference Notes
Strike Width
Defined as:
Width = Distance between Short and Long strike
Used for calculating max loss and breach visuals
Delta Guidelines
0.15–0.20 = safer, wider range, lower credit
0.25–0.30 = more aggressive, tighter range, higher credit
Use Target Short Delta input to adjust auto-selected strikes accordingly
Credit Example
Sell Call: $1.04
Sell Put: $0.23
Buy Call + Put wings: $0.14
Net Credit = $1.13 = $113 per contract (max profit)
This is the max profit if price stays between short strikes through expiration
IV Rank (Estimated)
This script does not use options chain IV data.
Instead, it calculates a volatility proxy:
ivRaw = ta.stdev(log returns, 20) * sqrt(252)
IV Rank is then calculated as the percentile of this value within the last 252 bars.
High IV Rank (30%–100%) → better premium-selling conditions
Low IV Rank (<30%) → lower edge for condors
Ideal to sell premium when IV Rank is above 30–50%
Disclosures and Limitations
This script is for educational use only
It does not connect to live option chains
All strikes, deltas, and premiums must be validated through your broker
Always confirm real-time IV, delta, and pricing before placing a trade
Watermark with Session Boxes (by Rufi)Watermark & Session Boxes - Chart Branding Tool
What it does: Combines professional chart watermarking with automated trading session visualization for clean, branded analysis.
Key Features:
Smart Session Boxes: Auto-draws boxes around Asia (8PM-11:59PM), London (2AM-5AM), and NY (7AM-10AM) sessions using high/low detection
Custom Watermark: Professional text overlay with your brand/tagline
Full Customization: Adjustable colors, transparency (0-100%), and display limits (1-30 days)
How it works: Uses Pine Script's time() function to detect session periods, tracks price extremes during each session, then draws filled rectangles from session high to low. Perfect for identifying key support/resistance levels from major trading periods.
Best for: Intraday traders who want branded charts with clear session-based S/R levels. Ideal for forex, indices, and crypto on lower timeframes.
Cycle-Synced Channel Breakout📌 Cycle-Synced Channel Breakout – Detect Breakouts Confirmed by Candles and Momentum Cycles
📖 Overview
The Cycle-Synced Channel Breakout indicator is a precision breakout detection tool that combines the power of:
• Adaptive Keltner Channels
• Dominant Cycle Period Analysis (Ehlers-inspired)
• Candlestick Pattern Recognition (Engulfing)
This multi-layered approach helps identify true breakout opportunities by filtering out noise and false signals, making it ideal for swing traders and intraday traders seeking high-probability directional moves.
⚙️ How It Works
1. Keltner Channel Envelope
A dynamic volatility channel based on the EMA and ATR defines the upper and lower bounds of price movement.
2. Engulfing Candle Detection
The script detects strong bullish and bearish engulfing patterns, which often signal trend reversals or momentum continuations.
3. Dominant Cycle Momentum (Ehlers-inspired)
Using a smoothed power oscillator derived from a detrended price series, the indicator assesses whether momentum is accelerating during the breakout — filtering out weak moves.
4. Signal Confirmation Logic
A signal is only shown when:
• An engulfing pattern is detected, and
• Price breaks out of the Keltner Channel, and
• Momentum (cycle power) is rising
5. Visual Feedback
• Breakout signals are plotted with “BUY” or “SELL” labels
• Faded green/red background highlights confirmed breakouts
• Optional display of engulfing candles with triangle markers
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🛠️ Key Features
• ✅ Adaptive Keltner Channels
• ✅ Bullish/Bearish Engulfing Candle Recognition
• ✅ Ehlers-style Cycle Momentum Confirmation
• ✅ Background highlights for confirmed breakouts
• ✅ Optional candle pattern visualization
• ✅ Lightweight and Pine v6 compatible
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🧪 Inputs
• Keltner Length – EMA period for channel basis
• Multiplier – Multiplied with ATR to determine band width
• Cycle Lookback – Used to calculate smoothed cycle power
• Show Engulfing Candles? – Toggles candlestick signals
• Show Breakout Signals? – Toggles breakout labels and backgrounds
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🧠 How to Use
• Look for “BUY” or “SELL” labels when:
• An engulfing candle breaks through the Keltner Channel
• Cycle momentum confirms strength behind the move
• The background color will faintly highlight the breakout direction.
• Use in combination with other trend or volume indicators for added confluence.
🔒 Notes
• This indicator is not repainting.
• It is designed for educational and research purposes only.
• Works across all timeframes and asset classes (stocks, crypto, forex, etc.)
Ultra Simple ReversalThis is a simple script that combines Key Features:
✅ No plotting - Only text labels and candle color changes
✅ Reversal candle detection - Changes candle color on high-probability signals
✅ BUY/SELL text labels - Clear directional signals
✅ Four-module confluence - SSL + Squeeze + MTF Pivots + ORB Breakout
✅ Non-repainting - Reliable signals using proper security calls
✅ Pine Script v6 compatible - All syntax errors fixed
Awesome Oscillator + ADX Divergence System – RCT FUSION PRO Descripción del script:
This script enhances the classic Awesome Oscillator (AO) by integrating non-repainting divergence detection and scaled ADX/DMI trend confirmation, creating a unified framework for identifying high-confluence trade setups. The combination is not arbitrary: divergences in AO signal potential reversals, while ADX validates whether the market has sufficient trend strength to act on them.
1. Customizable Awesome Oscillator:
The AO is calculated as the difference between a fast and slow moving average of the median price (HL2). Users can choose between SMA (default) or EMA for both legs. The histogram changes color based on momentum acceleration (green when rising, red when falling), with built-in alerts for color transitions.
2. Divergence Engine (Non-Repainting):
Automatically detects regular and hidden bullish/bearish divergences between price and the AO:
Regular bullish: Price makes a lower low, AO makes a higher low (potential reversal up).
Hidden bullish: Price makes a higher low, AO makes a lower low (continuation signal).
Equivalent logic applies for bearish cases.
All lines and labels are drawn only after the candle closes, eliminating repainting. Users can toggle visibility, adjust pivot sensitivity (lookback range: 1–60 bars), and choose between 1- or 2-pivot confirmation.
3. Scaled ADX & DMI Overlay:
The standard ADX (14-period) and +DI/-DI lines are dynamically scaled to match the amplitude of the AO. This allows direct visual comparison:
When AO shows a bullish divergence and +DI > -DI and ADX > 23, the setup gains confluence.
The Key Level line (offset to -7) serves as a dynamic reference for ADX strength relative to AO momentum.
ADX, DM+, and DM- can be toggled independently.
How to use:
Look for divergence signals below zero (bullish) or above zero (bearish) in the AO.
Confirm with ADX > 23 (strong trend) and directional alignment (+DI > -DI for longs, vice versa for shorts).
Use color-change alerts in AO as secondary momentum triggers.
This system is designed for swing and intraday traders who seek confirmation across momentum, price structure, and trend strength—reducing false signals through convergence.
Versión en español :
Este script mejora el Oscilador Awesome (AO) clásico al integrar detección de divergencias sin repintado y confirmación de tendencia mediante ADX/DMI escalado, creando un marco unificado para identificar entradas con alta confluencia. La combinación no es arbitraria: las divergencias en el AO señalan posibles giros, mientras que el ADX valida si el mercado tiene fuerza de tendencia suficiente para actuar.
El AO personalizable permite elegir entre SMA o EMA.
Las divergencias (regulares y ocultas) se detectan solo tras el cierre de la vela.
El ADX y los DM+/- se escalan dinámicamente para alinearse visualmente con el AO, permitiendo evaluar confluencia en tiempo real.
Ideal para traders que buscan confirmación entre estructura de precio, momentum y fuerza de tendencia.
RCT FUSION PRO – Convergent Squeeze, Momentum & Trend SystemDescripción del script :
This indicator integrates three core technical concepts into a single decision-support framework: Bollinger-Keltner squeeze compression, directional trend strength (ADX/DMI), and multi-timeframe market wave momentum. The goal is not merely to overlay indicators, but to create a convergent signal system where confirmation across components increases the reliability of potential trade setups.
1. Squeeze Momentum (LazyBear’s method):
Detects periods of low volatility (squeeze) using Bollinger Bands inside Keltner Channels. When the squeeze “fires,” the linear regression-based oscillator (val) reveals the direction and acceleration of the breakout. Green/lime = bullish momentum; red/maroon = bearish.
2. Adaptive ADX & DMI Scaling:
The standard ADX (14-period) and +/-DI lines are dynamically scaled to match the amplitude of the squeeze oscillator. This allows traders to visually assess whether a breakout occurs alongside strong trend confirmation (ADX > 23) and directional bias (+DI > -DI or vice versa). The key level is offset by -7 units for better alignment.
3. Fibonacci Wave Momentum (A/B/C):
Three MACD-style histograms (Wave A: 55, Wave B: 144, Wave C: 233) use EMA crossovers with Fibonacci lengths to identify short-, medium-, and long-term momentum shifts. These appear as semi-transparent areas and help contextualize the squeeze signal within broader market cycles.
4. Divergence Detection (Non-repainting):
Automatically identifies regular and hidden bullish/bearish divergences between price and the squeeze oscillator. All divergence lines and labels are drawn only after the candle closes, preventing repainting. Alerts are included for all four divergence types.
How to use:
A squeeze release (black → gray background) combined with rising green histogram and +DI > -DI suggests a high-probability long setup.
Confirm with Wave A/B/C alignment (all turning positive) and/or a bullish divergence below zero.
Use the Key Level line (white) as a dynamic reference for ADX strength relative to momentum.
This system is designed for swing and intraday traders seeking confluence between volatility compression, trend strength, and cyclical momentum. No single component is traded in isolation—convergence is the core principle.
Versión en español :
Este indicador combina tres conceptos técnicos clave en un solo marco de apoyo a la decisión: compresión de squeeze (Bollinger-Keltner), fuerza direccional de tendencia (ADX/DMI) y momento de ondas de mercado en múltiples plazos. No se trata de una simple superposición, sino de un sistema donde la convergencia de señales aumenta la confiabilidad de las entradas.
El Squeeze Momentum detecta baja volatilidad y muestra la dirección del impulso tras la liberación.
El ADX y los DM+/- se escalan dinámicamente para alinearse visualmente con el oscilador, permitiendo evaluar si el impulso coincide con una tendencia fuerte.
Las Ondas A/B/C (55, 144, 233) muestran el momento en distintos horizontes temporales mediante áreas coloreadas.
Las divergencias (regulares y ocultas) se detectan sin repintado y generan alertas.
Se recomienda operar solo cuando múltiples componentes coinciden, no de forma aislada. Ideal para traders de swing e intradía que buscan confluencia.
Fetti Fields Header (Presets)This is for individuals that like to customize their charts and add some style and motivation
QTheoryQTheory –
This indicator is built on Quarterly Theory (developed by Daye)
🔹 Quarterly Theory
Markets often unfold in repeating quarterly cycles (Q1–Q4) across multiple timeframes — yearly, monthly, weekly, daily, 90-minute, and even micro cycles. By dividing price action into these quarters, traders can better anticipate structural shifts, accumulation/distribution phases, and liquidity runs.
🔹 Sequential SMT (SSMT)
Sequential SMT extends standard SMT (Smart Money Technique) by comparing multiple assets (such as FX majors) to identify divergences across quarters.
🔹 Features of QTheory
Automatic detection of quarterly cycles across multiple timeframes.
Visual cycle boxes & customizable dividers.
Integrated SSMT signals with divergence line visualization.
DFR (Defining Range) with Fibonacci levels.
Support for up to 5 comparison assets, with inversion options.
Auto-cycle selection for seamless multi-timeframe adaptation.
Extensive customization for colors, opacity, and signal display.
🔹 How it works
QTheory divides price data into consistent “quarters” across multiple timeframes. Within each cycle, it tracks highs, lows, and divergences, then overlays this information as boxes, dividers, and optional signals on your chart. Traders can use these visual cues to better align entries and exits with institutional market behavior patterns.
🔹 How to use it
Enable the desired cycle type (e.g., weekly, daily, 90-minute) from the settings.
Toggle boxes, dividers, and signals depending on your trading style.
Use SSMT divergences and DFR Fibs to anticipate a reversal
Compare against other assets (e.g., DXY or correlated pairs) to refine confluence.
⚠️ Disclaimer: This tool is for educational purposes only. It does not constitute financial advice. Always perform your own analysis and risk management.
Attribution: Portions of this script extend the quarter-cycle logic from TFlab’s “Quarterly Theory ICT 04”, released under the Mozilla Public License 2.0
RSI: alternative derivationMost traders accept the Relative Strength Index (RSI) as a standard tool for measuring momentum. But what if RSI is actually a position indicator?
This script introduces an alternative derivation of RSI, offering a fresh perspective on its true nature. Instead of relying on the traditional calculation of average gains and losses, this approach directly considers the price's position relative to its equilibrium (moving average), adjusted for volatility.
While the final value remains identical to the standard RSI, this alternative derivation offers a completely new understanding of the indicator.
Key components:
Price (Close)
Utilizes the closing price, consistent with the original RSI formula.
normalization factor
Transforms raw calculations into a fixed range between -1 and +1.
normalization_factor = 1 / (Length - 1)
EMA of Price
Applies Wilder’s Exponential Moving Average (EMA) to the price, serving as the anchor point for measuring price position, similar to the traditional RSI formula.
myEMA = ta.rma(close,Length)
EMA of close-to-close absolute changes (unit of volatility)
Adjusts for market differences by applying a Wilder’s EMA to absolute price changes (volatility), ensuring consistency across various assets.
CC_vol = ta.rma(math.abs(close - close ),Length)
Calculation Breakdown
DISTANCE:
Calculate the difference between the closing price and its Wilder's EMA. A positive value indicates the price is above the EMA; a negative value indicates it is below.
distance = close - myEMA
STANDARDIZED DISTANCE
Divide the distance by the unit of volatility to standardize the measurement across different markets.
S_distance = distance / CC_vol
NORMALIZED DISTANCE
Normalize the standardized distance using the normalization factor (n-1) to adjust for the lookback period.
N_distance = S_distance * normalization_factor
RSI
Finally, scale the normalized distance to fit within the standard RSI range of 0 to 100.
myRSI = 50 * (1 + N_distance)
The final equation:
RSI = 50 ×
What This Means for RSI
Same RSI Values, Different Interpretation
The standard RSI formula may obscure its true measurement, whereas this approach offers clarity.
RSI primarily indicates the price's position relative to its equilibrium, rather than directly measuring momentum.
RSI can still be used to analyze momentum, but in a more intuitive and well-informed way.
KD The ScalperWe have to take the trade when all three EMAs are pointing in the same direction (no criss-cross, no up/down, sideways). All 3 EMAs should be cleanly separated from each other with strong spacing between them; they are not tangled, sideways, or messy. This is our first filter before entering the trade. Are the EMAs stacked neatly, and is the price outside of the 25 EMA? If price pulls back and closes near or below the 25 or 50 EMA and breaks the 100 EMA, we don't trade. Use the 100 EMA as a safety net and refrain from trading if the price touches or falls below the 100 EMA.
1. Confirm the trend- All 3 EMAs must align, and they must spread
2. Watch price pull back to the 25th or the 50 EMA
3. Wait for the price to bounce - And re-approach the 25 EMA
Why is this powerful?
Removes 80% of the low-probability Trades
It keeps you out of choppy markets
Avoids Reversal Traps
Anchors us to momentum
We take the entry when the price moves up again and touches the 25 EMA from below, and then when it breaks above the 25 EMA, or even better, when a lovely green bullish candle forms. A bullish candle indicates good momentum. When a bullish candle closes in green, it means the momentum has increased significantly. This is when we enter a long trade, with the stop-loss just below the 50 EMA and the profit target being 1.5 times the stop-loss.
The same rule applies to the bearish trade.
