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Indicateurs et stratégies

Metals vs DXY CorrelationThere's a growing interest in Gold and Metals in general - due to safe have demand - a lot of traders get blindsided by sudden consolidation and reversals while trading Gold or Silver. The key is to know that GC is closely related to DXY because large institutions and central banks hedge the two instruments. They are inversely correlated for the most part. This indicator looks at price action applies Pearson correlation to find the strength in their "entanglement" and tells you if its is strongly, weakly or positively correlated. It has helped me stay away from the markets when there's a strong inverse correlation because the price action can be very unpredictable. Hopefully you find this useful.
Indicateur Pine Script®
par antaryaami0
Bull-Bear EfficiencyBull-Bear Efficiency This indicator measures the directional efficiency of price movement across many historical entry points to estimate overall market bias. It is designed as a trend gauge rather than a timing signal. Concept For each historical bar (tau) and a chosen lookahead horizon (h), the script evaluates how efficiently price has traveled from that starting point to the endpoint. Efficiency is defined as the net price change divided by the total absolute movement that occurred along the path. Formula: E(tau,h) = ( Price - Price ) / ( Sum from i = tau+1 to tau+h of | Price - Price | ) This measures how "straight" the path was from the entry to the current bar: If price moved steadily upward, the numerator and denominator are nearly equal, and E approaches +1 (efficient bullish trend). If price moved steadily downward, E approaches -1 (efficient bearish trend). If price chopped back and forth, the denominator grows faster than the numerator, and E approaches 0 (inefficient movement). The algorithm computes this efficiency for many past starting points and multiple horizons, optionally normalizing by ATR to account for volatility. The efficiencies are then weighted by recency to emphasize more recent behavior. From this, the script derives: Bull = weighted average of positive efficiencies Bear = weighted average of negative efficiencies (absolute value) Net = Bull - Bear (net directional efficiency) Interpretation Bull, Bear, and Net quantify how coherently the market has been trending. Bull near 1.0, Bear near 0.0, Net > 0 -> clean upward trends; long positions have been more efficient. Bear near 1.0, Bull near 0.0, Net < 0 -> clean downward trends; short positions have been more efficient. Bull and Bear both small or similar -> low-efficiency, range-bound environment. Net therefore acts as a "trend coherence index" that measures whether price action is directionally organized or noisy. Practical Use Trend filter: Apply trend-following systems only when Net is strongly positive or negative. Avoid them when Net is near zero. Regime change detection: Crossings through zero often correspond to transitions between trending and ranging regimes. Momentum loss detection: If price makes new highs but Net or Bull weakens, it suggests trend exhaustion. Settings Overview Lookback: Number of historical bars considered as entry points (tau values). Horizons: List of forward projection lengths (in bars) for measuring efficiency. Recency Decay (lambda): Exponential weighting that emphasizes recent data. Normalize by ATR: Adjusts "effort" to account for volatility changes. Display Options: Toggle Bull, Bear, Net, or Signed Average (S). Customize line colors. Notes This indicator does not produce entry or exit signals. It is a statistical tool that measures how efficiently price has trended over time. High Net values indicate smooth, coherent trends. Low or neutral Net values indicate noisy, directionless conditions.
Indicateur Pine Script®
par Tradenometry
Bollinger Band ToolkitBollinger Band Toolkit An advanced, adaptive Bollinger Band system for traders who want more context, precision, and edge. This indicator expands on the classic Bollinger Bands by combining statistical and volatility-based methods with modern divergence and squeeze detection tools. It helps identify volatility regimes, potential breakouts, and early momentum shifts — all within one clean overlay. 🔹 Core Features 1. Adaptive Bollinger Bands (σ + ATR) Classic 20-period bands enhanced with an ATR-based volatility adjustment, making them more responsive to true market movement rather than just price variance. Reduces “overreacting” during chop and avoids bands collapsing too tightly during trends. 2. %B & RSI Divergence Detection 🟢 Green dots: Positive %B divergence — price makes a lower low, but %B doesn’t confirm (bullish). 🔴 Red dots: Negative %B divergence — price makes a higher high, but %B doesn’t confirm (bearish). ✚ Red/green crosses: RSI divergence confirmation — momentum fails to confirm the price’s new extreme. These signals highlight potential reversal or slowdown zones that are often invisible to the naked eye. 3. Bollinger Band Squeeze (with Volume Filter) Yellow squares (■) show periods when Bollinger Bands are at their narrowest relative to recent history. Volume confirmation ensures the squeeze only triggers when both volatility and participation contract. Often marks the “calm before the storm” — breakout potential zones. 4. Multi-Timeframe Breakout Markers Optionally displays breakouts from higher or lower timeframes using different colors/symbols. Lets you see when a higher timeframe band break aligns with your current chart — a strong trend continuation signal. 5. Dual- and Triple-Band Visualization (±1σ, ±2σ, ±3σ) Optional inner (±1σ) and outer (±3σ) bands provide a layered volatility map: Price holding between ±1σ → stable range / mean-reverting behavior Price riding near ±2σ → trending phase, sustained momentum Price touching or exceeding ±3σ → volatility expansion or exhaustion zone This triple-band layout visually distinguishes normal movement from statistical extremes, helping you read when the market is balanced, expanding, or approaching its limits. ⚙️ Inputs & Customization Choose band type (SMA/EMA/SMMA/WMA/VWMA) Adjust deviation multiplier (σ) and ATR multiplier Toggle individual features (divergence dots, squeeze markers, inner bands, etc.) Multi-timeframe and colour controls for advanced users 🧠 How to Use Watch for squeeze markers followed by a breakout bar beyond ±2σ → volatility expansion signal. Combine divergence dots with RSI or price structure to anticipate slowdowns or reversals. Confirm direction using multi-timeframe breakouts and volume expansion. 💬 Why It Works This toolkit transforms qualitative chart reading (tight bands, hidden divergence) into quantitative, testable conditions — giving you objective insights that can be backtested, coded, or simply trusted in live setups.
Indicateur Pine Script®
par LinesOnRice
Measured Pattern Move (Bulkowski) [SS]Hey everyone, This is the Measured Pattern Move using Bulkowski's process for measured move calculation. What the indicator does: The indicator has the associated measured move across 20 of the most common and frequent Bulkowski patterns, including: Double Bottom / Adam Eve Bottom Double Top / Adam Eve Top Inverse Head and Shoulders Bear Flag Bull Flag Horn Bottom Horon Top Broadening Top Descending Broadening Wedge Broadening Bottoms Broadening Tops Cup and Handle Inverted cup and handle Diamond Bottom Diamond Top Falling Wedge Rising Wedge Pipe Bottom Pipe Top Head and Shoulders It will calculate the measured move according to the Bulkowski process. What is the Bulkowski Process? Each move has an associated continuation percentage, which Bulkowski has studied, analyzed and concluded statistically. For example, Double tops have a continuation percent of 54%. Bear flags, 47%. These are "constants" that are associated with the pattern. Bulkowski applies them to the daily, but how I have formulated this, it can be used on all timeframes, and with the constant, it will correctly calculate the measured move of the pattern. What this indicator DOES NOT DO This indicator will not identify the pattern for you. I tried this using Dynamic Time Warping (DTW) using my own pre-trained Bulkowski model in R. I was successfully able to get Pinescript to calculate DTW which was amazing! But applying it to all these patterns actually went over the execution time limit, which is understandable. As such, you will need to identify the pattern yourself, then use this indicator to hilight the pattern and it will calculate the measured move based on the constant and the pattern range. Let's look at some examples: Use examples Double bottom / adam eve bottom on SPY on the 1-Minute chart Adam and Eve Double Bottom QQQ 1-Hour Chart Adam Eve Double Bottom MSFT Daily Chart Bearish Head and Shoulders Pattern MSFT Daily You get the point. How to use the indicator To use the indicator, identify the pattern of interest to you. Then, highlight the pattern using the indicator (it will ask you to select start time of the pattern and end time of the pattern). The indicator will then highlight the pattern and calculate the measured move, as seen in the examples above. Best approaches To make the most of the indicator, its best to draw out your pattern and wait for an actual break, the point of the break is usually the end of the pattern formation. From here, you will then apply this indicator to calculate the expected up or down move. Let me show you an example: Here we see CME_MINI:ES1! has made an Adam bottom pattern. We know the Eve should be forming soon and it indeed does: We mark the top of the pattern like so: Then we use our Measured move indicator to calculate the measured move: Measured move here for CME_MINI:ES1! is 6,510. Now let's see.... Voila! Selecting the Pattern After you highlight the selected pattern, in the indicator settings, simply select the type of pattern it is, for example "head and shoulders" or "Broadening wedge", etc. The indicator will then adjust its measurements to the appropriate constant and direction. Concluding remarks That is the indicator! It is helpful for determining the actual projected move of a pattern on breakout. Remember, it does not find the pattern for you , you are responsible for identifying the pattern. But this will calculate the actual TP of the pattern for you, without you having to do your own calculations. I hope you find it useful, I actually use this indicator every day, especially on the lower timeframes! And you will find, the more you use it, the better you get at recognizing significant patterns! If you are not aware of these patterns, Bulkowski lists all of this information freely accessible on his website. I cannot link it here but you can just Google him and he has graciously made his information public and free! That's it, I hope you enjoy and safe trades! Disclaimer This is not my intellectual property. The pattern calculations come from the work of Thomas Bulkowski and not myself. I simply coded this into an indicator using his publicly accessible information. You can get more information from Bulkowski's official website about his work and patterns.
Indicateur Pine Script®
par Steversteves
1
TOP GAINER V2 The "TOP GAINER" is a custom TradingView indicator designed to identify and trade high-potential momentum stocks, particularly top pre-market gainers with strong hype and volatility. It's tailored for day traders focusing on small-cap, low-float stocks that exhibit explosive price movements, allowing for quick entries and exits to capitalize on short-term pumps. This indicator combines technical signals (MACD, RSI, and EMA) with fundamental filters to spot setups in pre-market and early regular trading hours, ideally on a 5-minute chart for precise timing. Key Features and How It Works Scanning for Top Gainers: The indicator targets stocks that are among the day's top pre-market performers. It evaluates criteria like: Price Range ($2–$20): Focuses on affordable stocks where you can buy a large number of shares with limited capital. Lower-priced stocks often have higher volatility, enabling them to double, triple, or more in a single session due to hype-driven momentum. Pre-Market Gain (≥20%): Identifies stocks with significant upside from the pre-market open (4:00 AM ET), signaling strong early interest and potential for continuation. High Volume (≥500,000 shares from pre-market open): Ensures liquidity and confirms genuine hype, as elevated pre-market volume often precedes big moves at market open. Small Market Cap (<$500M): Prioritizes small-cap companies, which are more prone to rapid price swings from news, catalysts, or retail frenzy compared to large caps. Low Float (<50M shares): Low-float stocks have fewer shares available for trading, making them susceptible to sharp rallies when demand surges (e.g., from social media buzz or short squeezes). These criteria are displayed in a real-time table on the chart for quick scanning—green checkmarks (✅) indicate a match, red crosses (❌) show failures, and "N/A" appears if data is unavailable (e.g., for non-stocks). Entry Signals (Buy Opportunities): Once a stock meets the filters, the indicator watches for bullish momentum during pre-market or at market open: EMA Exit (default enabled): Sells when price crosses below a 40-period EMA (orange line), signaling a potential trend reversal. STRONGLY RECOMMEND TURNING THIS OFF MACD Exit (default enabled, now using standard line/signal crossunder): Sells on a bearish MACD crossover for momentum-based exits. Plots orange (EMA) or red (MACD) downward triangles above the bar for exits. Built-in alerts notify you of buy and sell signals in real-time. Why This Strategy? This indicator is built for "hype trading" on volatile small-caps, where pre-market scanners highlight gappers, and the tool helps time entries post-open (e.g., on 5-min charts) to catch breakouts. Small floats and caps amplify moves— a 20%+ gainer with high volume can surge 50–200% intraday due to supply/demand imbalances. The $2–$20 range keeps it accessible: with $1,000, you could buy 500 shares of a $2 stock, turning a $1 gain into $500 profit. It's not for long-term investing but for scalping or swinging on daily catalysts like earnings, news, or memes. Usage Tips This tool streamlines spotting and trading "lotto plays" while providing visual and alert-based discipline for entries/exits.
Indicateur Pine Script®
par spaanderruben
ATH Levels v4# ATH Levels v4 A powerful indicator for tracking All-Time Highs (ATH) and setting customizable price levels based on percentage drops from the ATH. Perfect for cryptocurrency trading, DCA strategies, and risk management. ## Overview ATH Levels v4 helps traders visualize key support levels calculated as percentage drops from the All-Time High within a configurable lookback period. The indicator also tracks the All-Time Low (ATL) since the last ATH, providing a complete picture of price range dynamics. ## Key Features ### Configurable Percentage Levels - Define up to 8 custom price levels as percentage drops from ATH - No longer limited to fixed 10% intervals - Each level can be set anywhere from 0% to 100% drop - Default levels: 10%, 20%, 30%, 40%, 50%, 60%, 70%, 80% ### ATL Tracking (NEW in v4) - Automatically tracks the All-Time Low since the last ATH was reached - Displays ATL price and percentage drop from ATH - Resets when a new ATH is detected - Can be toggled on/off ### Portfolio Management - Allocate pot size percentages to each level - Visualize dollar amounts for each level based on your total pot size - Plan your DCA (Dollar Cost Averaging) strategy - Only displays levels with allocated pot percentages ### Flexible Display Options - Show/hide level lines - Hide ATH level for zooming into lower levels - Configurable lookback period (default 365 days) - Adjustable right margin positioning for labels - Color-coded labels with transparency gradient ## How to Use ### Basic Setup 1. Add the indicator to your chart 2. Set your total pot size in dollars 3. Configure the percentage drops for each level (where you want to buy/accumulate) 4. Allocate pot size percentages to each level ### Example DCA Strategy ``` Total Pot Size: $10,000 Level 3 (-30%): 10% pot = $1,000 Level 4 (-40%): 20% pot = $2,000 Level 5 (-50%): 25% pot = $2,500 Level 6 (-60%): 30% pot = $3,000 Level 7 (-70%): 10% pot = $1,000 Level 8 (-80%): 5% pot = $500 ``` ## Settings ### Display Options - **Show level lines**: Toggle horizontal lines on/off - **Hide ATH level**: Hide the ATH label for cleaner charts - **Show ATL since last ATH**: Display/hide the All-Time Low indicator - **Days to Lookback**: Period for calculating ATH (default: 365) - **Margin from last bar**: Spacing between chart and labels (default: 10) ### Level Configuration - **Level 1-8 % drop from ATH**: Set custom percentage drops (0-100%) - **Level 1-8 pot %**: Allocate your portfolio percentage to each level (0-100%) **Note**: Levels only display if they have a pot percentage allocated (>0%) ### Pot Size - **Pot size**: Total amount in dollars available for the strategy ## Version History ### V4 (October 2025) - Upgraded to PineScript v6 - Configurable percentage drops from ATH (no longer hardcoded) - ATL tracking and display since last ATH - Updated syntax and functions for v6 compatibility ### V3 (May 2020) - Added option to hide ATH level for better chart zoom ### V2 - Hide/show level lines - Configurable lookback period - Configurable right margin - Only shows levels with pot size % set ### V1 - Initial release with 8 fixed levels ## Use Cases ### Cryptocurrency Trading - Plan accumulation zones during bear markets - Set alerts at key percentage drops from ATH - Track historical ATH and ATL ranges ### Risk Management - Visualize potential support zones - Plan position sizing at different levels - Monitor distance from ATH in real-time ### DCA Strategies - Automate dollar-cost averaging planning - Allocate budget across multiple price levels - Track execution of your DCA plan ## Technical Details - **Version**: PineScript v6 - **Type**: Indicator - **Overlay**: Yes - **Default Timeframe**: Works on all timeframes - **Calculations**: Based on closing prices within lookback period ## Credits Original concept inspired by daytask. Enhanced and maintained by SilvesterScorpion.com ## License This source code is subject to the terms of the Mozilla Public License 2.0 at mozilla.org --- **Tip**: For best results, use on higher timeframes (4H, Daily, Weekly) to identify major support zones. Combine with volume analysis and other indicators for confirmation.
Indicateur Pine Script®
par SilvesterScorpion
Octopus OscillatorOctopus Oscillator - Advanced Multi-Indicator for TradingView The Octopus Oscillator is a sophisticated technical analysis tool that combines the power of MACD and OBV-ADX indicators into one comprehensive oscillator. Designed for traders seeking clean, professional signals without visual clutter. 🎯 KEY FEATURES: Dual Analysis System: MACD Component: Classic Moving Average Convergence Divergence with thin, clean lines OBV-ADX Component: Advanced volume-based directional movement analysis Clean Visual Design: Slim, elegant lines for optimal chart clarity Prominent DI Difference histogram for momentum visualization No distracting arrows or unnecessary plot markers Professional color scheme with blue MACD and red Signal lines Flexible Display Options: Toggle MACD display on/off Switch between ADX line view and DI Difference histogram Adjustable background highlights for strong trend signals Customizable parameters for all components 📊 INDICATOR COMPONENTS: MACD Section: Fast and slow EMA comparison for momentum analysis Clean crossover signals without histogram clutter Customizable periods and moving average types OBV-ADX Section: On-Balance Volume (OBV) based Directional Indicators ADX smoothing for trend strength measurement DI Difference histogram showing momentum direction Background highlights for strong trend conditions ⚙️ CUSTOMIZATION: Adjustable MACD fast/slow lengths and smoothing Customizable DI Length and ADX smoothing periods Multiple MA type options (SMA/EMA) Toggle individual components on/off Perfect for traders who want combined momentum and volume analysis in one clean, professional package. The Octopus Oscillator helps identify trend strength, momentum shifts, and potential trading opportunities with exceptional clarity. Add to your TradingView chart today and enhance your technical analysis!
Indicateur Pine Script®
par OctopusTrader2830
Octopus Indicator 🐙 Octopus Indicator - Technical Analysis Description Overview The Octopus Indicator is a comprehensive TradingView technical analysis tool that combines multiple trading methodologies into a single, powerful script. It provides a complete market analysis framework through seven integrated components. 🔧 Core Components: 1. Moving Averages with Clouds EMA 25, 50, 75, and 150 with standard deviation bands Visual clouds representing volatility around each EMA Customizable colors for each average and its cloud 2. Dual Hull Bands Two separate Hull bands with different periods (20 and 110) Multiple variations: HMA, THMA, EHMA Colored filling between Hull lines Option to use higher timeframes for multi-timeframe analysis 3. Swing High/Low Detector Identifies significant price reversal points Configurable swing strength (default: 5 bars) Solid lines for current swings and dotted for past ones Alerts when swing levels are broken 4. Volume Analysis (PVSRA) Vector Candles that change color based on volume: Red/Green: Volume ≥ 200% of average or highest spread×volume Blue/Violet: Volume ≥ 150% of average Gray: Normal conditions Vector Candle Zones (VCZ): Key areas based on volume candles 5. Daily & Weekly Levels Previous day's high and low Previous week's high and low Stepline display with optional labels 6. UT Bot - Trailing Stop Dynamic ATR-based stop loss Bar coloring based on trend direction Adjustable sensitivity via "Key Value" 7. Session Detector Identifies session highs/lows (Sydney, Asia, Europe, etc.) Visual boxes marking each trading session ⚙️ Customization Features: Individual color schemes for all elements Adjustable line thickness Custom transparency settings Flexible calculation periods Multiple timeframe options 🎯 Trading Applications: Trend Identification (EMAs + Hull) Entry/Exit Points (Swings + Volume) Risk Management (Trailing Stop) Support/Resistance (VCZ + Highs/Lows) Market Timing (Sessions + Volume) 💡 Key Benefits: All-in-One Solution: Eliminates indicator clutter Multi-Timeframe Analysis: Built-in higher timeframe data Visual Clarity: Clean, organized display with color coding Customizable Alerts: Swing break and trend change notifications Professional Grade: Institutional-level volume analysis This indicator is designed for traders who want a comprehensive market analysis tool without the complexity of managing multiple separate indicators, providing holistic market insight through different technical perspectives.
Indicateur Pine Script®
par OctopusTrader2830
Fair Value Gaps by DGTFair Value Gaps A refined, multi-timeframe Fair Value Gap (FVG) detection tool that brings institutional imbalance zones to life directly on your chart. Designed for precision, it visualizes how price delivers into inefficiencies across chart, higher, and lower (intrabar) timeframes — offering a fluid, structural view of liquidity displacement and market flow. The script continuously tracks unfilled, partially repaired, and fully resolved imbalances, revealing where liquidity inefficiencies concentrate and where price may seek rebalancing. Overlapping zones naturally expose institutional footprints, potential liquidity targets, and key re-pricing regions within the broader market structure. KEY FEATURES ⯌ Multi-Timeframe Detection Detect and display FVGs from the current chart, higher timeframes (HTF), or lower timeframes (LTF) ⯌ Smart Fill Tracking Automatic real-time monitoring of each FVG’s fill progress with live percentage updates ⯌ Custom Fill Logic Choose your preferred definition of when a gap is considered filled: Any Touch Midpoint Reached Wick Sweep Body Beyond ⯌ Dynamic Labels & Tooltips Labels can be toggled on/off. Even when hidden, detailed tooltips remain available by hovering over the FVG midpoint. ⯌ Adaptive Lower-Timeframe Mode When set to “Auto,” the script intelligently selects the optimal lower timeframe based on the chart resolution. DISCLAIMER This script is intended for informational and educational purposes only. It does not constitute financial, investment, or trading advice. All trading decisions made based on its output are solely the responsibility of the user.
Indicateur Pine Script®
par dgtrd
14
Ghost BookGhost Book is an indicator that visualizes the distribution of bid and ask amount — the activity of buyers and sellers — in the form of a synthetic order book. While a real order book shows active limit orders, Ghost Book displays the most recent n ticks (controlled by the input Max rows count in book). For each tick, the indicator shows: Price Amount Total trade value Trade side (buyer or seller) Relative weight of the tick by its amount The center row displays the current closing price as a reference point between buyers and sellers. Note: This indicator uses tick-level data. If your TradingView subscription level does not include tick data, the indicator will not function correctly.
Indicateur Pine Script®
par dboichenko
Institutional Compression Breakout (ICBO Algo) [@darshakssc]The ICBO Algo is a smart intraday trading tool that detects institutional compression zones followed by breakout confirmation. It combines candle range analysis, volume compression, EMA filtering, and ATR-based Risk/Reward zones to highlight high-probability trade setups with visual clarity. This script is designed for educational and research purposes only, fully aligned with TradingView’s Pine Script policy and publishing guidelines. 🔍 Key Features 🌀 Compression Zone Detection Identifies low-range, low-volume candles often formed before institutional breakouts. 📈📉 Breakout Signals Triggered after confirmed price + EMA breakout post-compression. 📊 Dashboard Panel Displays breakout phase, current R:R ratio, and zone status in real-time. 🟢🔴 Buy/Sell Labels with Emojis Clean and non-intrusive labels for immediate action recognition. 🔔 Alerts Included Receive real-time push, email, or webhook alerts for breakout signals. ⚙️ How It Works Compression Phase: When the candle range and volume are significantly lower than the moving average, the script flags it as a compression zone. Breakout Confirmation: A breakout signal is confirmed when the price breaks the previous high/low and is above/below the trend EMA. Entry Logic: 📈 Buy: Price > previous high + above EMA after compression 📉 Sell: Price < previous low + below EMA after compression ⚠️ Disclaimer This script is intended for educational and research purposes only. It does not constitute financial advice or recommendations of any kind. Always use proper risk management. Past performance does not guarantee future results.
Indicateur Pine Script®
par darshakssc
Triple SuperTrend + RSI + Fib BBTriple SuperTrend + RSI + Fibonacci Bollinger Bands Strategy 📊 Overview This advanced trading strategy combines the power of three SuperTrend indicators with RSI confirmation and Fibonacci Bollinger Bands to generate high-probability trade signals. The strategy is designed to capture strong trending moves while filtering out false signals through multi-indicator confluence. 🔧 Core Components Three SuperTrend Indicators The strategy uses three SuperTrend indicators with progressively longer periods and multipliers: SuperTrend 1: 10-period ATR, 1.0 multiplier (fastest, most sensitive) SuperTrend 2: 11-period ATR, 2.0 multiplier (medium sensitivity) SuperTrend 3: 12-period ATR, 3.0 multiplier (slowest, most stable) This layered approach ensures that all three timeframe perspectives align before generating a signal, significantly reducing false entries. RSI Confirmation (7-period) The Relative Strength Index acts as a momentum filter: Long signals require RSI > 50 (bullish momentum) Short signals require RSI < 50 (bearish momentum) This prevents entries during weak or divergent price action. Fibonacci Bollinger Bands (200, 2.618) Uses a 200-period Simple Moving Average with 2.618 standard deviation bands (Fibonacci ratio). These bands serve dual purposes: Visual representation of price extremes Automatic exit trigger when price reaches overextended levels 📈 Entry Logic LONG Entry (BUY Signal) A LONG position is opened when ALL of the following conditions are met simultaneously: All three SuperTrend indicators turn green (bullish) RSI(7) is above 50 This is the first bar where all conditions align (no repainting) SHORT Entry (SELL Signal) A SHORT position is opened when ALL of the following conditions are met simultaneously: All three SuperTrend indicators turn red (bearish) RSI(7) is below 50 This is the first bar where all conditions align (no repainting) 🚪 Exit Logic Positions are automatically closed when ANY of these conditions occur: SuperTrend Color Change: Any one of the three SuperTrend indicators changes direction Fibonacci BB Touch: Price reaches or exceeds the upper or lower Fibonacci Bollinger Band (2.618 standard deviations) This dual-exit approach protects profits by: Exiting quickly when trend momentum shifts (SuperTrend change) Taking profits at statistical price extremes (Fib BB touch) 🎨 Visual Features Signal Arrows Green Up Arrow (BUY): Appears below the bar when long entry conditions are met Red Down Arrow (SELL): Appears above the bar when short entry conditions are met Yellow Down Arrow (EXIT): Appears above the bar when exit conditions are met Background Coloring Light Green Tint: All three SuperTrends are bullish (uptrend environment) Light Red Tint: All three SuperTrends are bearish (downtrend environment) SuperTrend Lines Three colored lines plotted with varying opacity: Solid line (ST1): Most responsive to price changes Semi-transparent (ST2): Medium-term trend Most transparent (ST3): Long-term trend structure Dashboard Real-time information panel showing: Individual SuperTrend status (UP/DOWN) Current RSI value and color-coded status Current position (LONG/SHORT/FLAT) Net Profit/Loss ⚙️ Customizable Parameters SuperTrend Settings ATR periods for each SuperTrend (default: 10, 11, 12) Multipliers for each SuperTrend (default: 1.0, 2.0, 3.0) RSI Settings RSI length (default: 7) RSI source (default: close) Fibonacci Bollinger Bands BB length (default: 200) BB multiplier (default: 2.618) Strategy Options Enable/disable long trades Enable/disable short trades Initial capital Position sizing Commission settings 💡 Strategy Philosophy This strategy is built on the principle of confluence trading - waiting for multiple independent indicators to align before taking a position. By requiring three SuperTrend indicators AND RSI confirmation, the strategy filters out the majority of low-probability setups. The multi-timeframe SuperTrend approach ensures that short-term, medium-term, and longer-term trends are all in agreement, which typically occurs during strong, sustainable price moves. The exit strategy is equally important, using both trend-following logic (SuperTrend changes) and mean-reversion logic (Fibonacci BB touches) to adapt to different market conditions. 📊 Best Use Cases Trending Markets: Works best in markets with clear directional bias Higher Timeframes: Designed for 15-minute to daily charts Volatile Assets: SuperTrend indicators excel in assets with clear trends Swing Trading: Hold times typically range from hours to days ⚠️ Important Notes No Repainting: All signals are confirmed and will not change on historical bars One Signal Per Setup: The strategy prevents duplicate signals on consecutive bars Exit Protection: Always exits before potentially taking an opposite position Visual Clarity: All three SuperTrend lines are visible simultaneously for transparency 🎯 Recommended Settings While default parameters are optimized for general use, consider: Crypto/Volatile Markets: May benefit from slightly higher multipliers Forex: Default settings work well for major pairs Stocks: Consider longer BB periods (250-300) for daily charts Lower Timeframes: Reduce all periods proportionally for scalping 📝 Alerts Built-in alert conditions for: BUY signal triggered SELL signal triggered EXIT signal triggered Set up notifications to never miss a trade opportunity! Disclaimer: This strategy is for educational and informational purposes only. Past performance does not guarantee future results. Always backtest thoroughly and practice proper risk management before live trading.
Indicateur Pine Script®
par TRW_meir
1