trend judgment & multi ma1 The background is filled with the number of matches to the trend template.
For the following conditions, 7 matches are yellow, 8 matches are green, and 9 matches are blue.
1. the stock price is above the 150-day MA and 200-day MA
2. the 50-day MA is above the 200-day MA
3. 200-day MA is in an uptrend for at least one month
4. 50-day MA is above 150-day MA and 200-day MA
5. stock price is 25% or more above 52-week low
6. stock price is 0 - 25% below 52-week high
7. IBD RS is above 70, preferably in the 90s → I don't know the exact formula, so I'm approximating with a formula that gives similar values.
8. when the stock is breaking above the base, the stock price is above the 50MA → It is difficult to judge the base itself, so it is not included in the conditions.
9. volume is high during an upward and low during a downward → volume during an upward > volume during a downward in the past 20 periods.
ex1. the 5-day MA is above the 20-day MA.
2 multi moving averages are shown.
Recherche dans les scripts pour "200元+股票大盘"
5212 EMA Strategyver 01
23 December 2021
This strategy using :
- 3 EMA period 50, 100, 200
- stochastic RSI slow
Long Cond :
- Stochastic RSI cross below 20
- EMA 50 > 100 > 200
Short Cond :
- Stochastic RSI cross above 80
- EMA 50 < 100 < 200
Sleeping Mode
- EMA 50 between EMA 100 & EMA 200
Market Breadth EMAsThis is the combined market breadth tickers: S5TW, S5FI, S5OH, and S5TH representing the percentage of S&P 500 stocks above their 20, 50, 100, and 200 EMA respectively. The colors go from green (20) to red (200) because if 20 crosses above the 200, the market's bullish, and if the 20 crosses below the 200, the market is bearish. So if green is on top = bull market. If red is on top = bear market. In general the market sentiment is whichever color is highest up.
The background is colored in depending on a few historical extremes in the 200. The darker the color the more significant the buy/sell signal. These can be adjusted by changing the hline's in the code.
PROFIT INDICATORFirst let me tell you which indicators have been used in this script so that you have the confidence while taking the trade:
(a) Bollinger Band with 20 SMA Inside it - Currently it is off, you can turn it on from settings.
(b) HMA 33, I have added the option of using two HMA's simultaneously. You can use HMA, EMA, SMA as per your settings and it would be color trending.
(c) VWAP- you can turn it on from settings
(d) CPR- you can turn it on from settings
(e) EMA's 20, 50, 200. Currently off, you can turn it on from settings.
(d) SMA's 50 and 200. Currently off, yu can turn it on from settings, if you want to use 20 SMA you can use bollinger band basis that is 20 period SMA.
(f) Trend bar at bottom on the basis of 50 EMA.
(g) Half Trend
(h) Trend strength Detector
(d) EMA 50 high and low to show the pac channel. I am not using this however as per request I have added this. Currently, it is trun on and you can turn it off from settings.
(f) Auto Fib levels
Please use a stick note for few days and mention imp notes before taking trade to check if all the conditions are matching to take the trade.
Buy Condition:-
1. Bolling band should be widely open.
2. Check the support and resistance from CPR. Candle should close above support in green.
3. Check the trend bar at bottom, it should be green, if it is grey in colour dont enter in trade.
4. Candle should be closing above EMA 50 and its upto you if you need additional confirmation, you can use EMA 20, 50, 200 and SMA 50 and 200, this is optional.
5. You can use VWAP as support or resistance and you can turn it on from settings.
6. Trending HMA of 33 should be in green for buy.
7. Half trend Indicator should give buy signal.
8. Trend Strength Indicator for checking the strength of the trend, if the arrow is big upside, you can go for buy.
9. Exit from buy trade when it start showing very small arrow which means trend is about to change.
10.Exit buy trade at 61.8 Fib level
Sell Condition:-
1. Bolling band should be widely open.
2. Check the support and resistance from CPR. Candle should close below resistance in red.
3. Check the trend bar at bottom, it should be red, if it is grey in colour dont enter in trade.
4. Candle should be closing below EMA 50 and its upto you if you need additional confirmation, you can use EMA 20, 50, 200 and SMA 50 and 200, this is optional.
5. You can use VWAP as support or resistance and you can turn it on from settings.
6. Trending HMA of 33 should be in red for sell.
7. Half trend Indicator should give sell signal.
8. Trend Strength Indicator for checking the strength of the trend, if the arrow is big downside, you can go for sell.
9. Exit from sell trade when down arrows start showing very small in size which means trend is about to change.
10.Exit sell trade at 61.8 Fib level
Time Wolna_2021_iun3[wozdux] Description of the Time_Wolna indicator
The indicator is designed to study the behavior of time. There are many indicators that study just the price, a little less indicators that study the volume of trading and vanishingly few indicators that study time.
This is not an oscillator, it does not have oversold or overbought levels. This indicator has an indefinite beginning and an indefinite end. Its value is not in the absolute values of the indicator, but in relative ones. This indicator calculates the time of price rise and the time of price decline. It clearly shows how long the price rises and how long the price falls.
The initial idea was to use my RSIVol indicator to study the time. Each bar is counted as a unit of time. If the price rises during the period of one bar, then one is added, if the price falls, then one is subtracted. By default, the blue line shows this time movement according to the RsiVol indicator.
The basic RsiVol indicator is shown at the bottom of the diagram. The bill goes along the blue line, which calculates the movement of the volume price. If the blue RSIVol line is above the yellow level, then the blue Time_Wolna time line is colored green. If the blue line in the base RsiVol indicator falls below the lower yellow level, then the blue time line of the Time_Wolna indicator turns red.
The result is a broken line that clearly shows the waves of rising and falling prices. In principle, the time indicator makes it easier to recognize waves.
It is known that time plays an important role in Elliott wave analysis, although in practice this is almost never done. The mention of Elliott is just a lyrical digression.
Time is very difficult to study. This indicator does not give clear buy or sell signals. This is just an analysis tool to help analysts.
In addition to the RsiVol indicator, simply the Rsi from the price and a simple moving average from the price are also used.
So, the settings of this indicator.
"switch Price == close <==> ( High+Low)/2" -- select the base price in all subsequent calculations
"Key EMA=> True=ema(Price); False=ema(Price*Volume)" --The key for switching the moving average from the price or from the volume price.
"T==> EMA(price, T)" --The period for calculating the moving average
" key red==> Yes/No Rsi")--the key turns on or off the RSI line red line
"key green==> Yes/No Orsi") --the key turns on or off the Volume RSI line green line
" key olive==> Yes/No RsiVol200 " -- the key enables or disables the Volumetric RSIVol200 olive line. This is RsiVol minus the 200-period moving average.
"keyVol blue==> Yes/No " - the key enables or disables the base blue line RSIVol
"keyVol blue==> V->tt(RsiVol) ->tt(ema(Price))"—The blue line selection will be calculated as the time from RSIVol or as the time from the moving average EMA.
"keyVol blue==> : 1=Time, 2=Time* price, 3=Time*(Ci-Ck) 4=Time*Volume, 5=Time*price*Volume")- selection for the blue baseline. By default, the time of the price rise or fall is calculated simply. Key=1. But you can investigate the joint influence of time and price and then the key is=2. If we study the combined effect of time and price changes per bar, then the key=3. If we study the joint influence of time and volume, then the key=4. If we study the joint influence of time, price and volume, then the key=5.
"key RsiO red + green==> : 1=Time, 2=Time*Price, 3=Time*(Ci-Ck) 4=Time*Volume, 5=Time*Price*Volume") - - - similar settings for the red green line. By default, the time of the price rise or fall is calculated simply. Key=1. But you can investigate the joint influence of time and price and then the key is=2. If we study the combined effect of time and price changes per bar, then the key=3. If we study the joint influence of time and volume, then the key=4. If we study the joint influence of time, price and volume, then the key=5.
"Key Color – - here you can disable changing the color of the blue line to green or red when the base indicator RsiVol exits above the upper and below the lower levels.
"Level nul ==> * Down Level Rsi - screen configuration in order to raise or lower chart
"Level nul ==> * Down Level ORsi -- beauty setup in order to raise or lower chart
"Level nul ==> * DownLevel RsiVol200 -- beauty setup in order to raise or lower chart
"blue =volume * price" – period for calculation of volumetric rates
"blue => RSIVOL(Volume*price,len) and EMA" – the period for calculating RsiVol
"blue__o1=> ema ( RSIVOL, o1)" – additional smoothing RsiVol
"red=rsi (Price,14)" – the period for calculating Rsi
"red= ema ( RSI ,3)" -- additional smoothing Rsi
"fuchsia__ => RsiVol200 (vp,200)" - the period for calculating RsiVol200
"fuchsia__o2=> ema ( RSIVOL200 , o2)" -- additional smoothing RsiVol200
To study the time between two fixed dates. Setting the start point of the calculation and the end point of the calculation
"Data(0)=Year" – the year of the start date
"Data(0)= Month" – the month of the start date
"Data (0)=Day" the day of the start date
"Data(1)=Year" – the year of the end date.
"Data(1)=Year" – month of the end date.
"Data(1)=Day" -- the day of the end date.
--------русский вариант описания ------
Описание индикатора Time_Wolna
Индикатор призван изучать поведение времени. Есть много индикаторов изучающих просто цену, немного меньше индикаторов изучающих объем торгов и исчезающе мало индикаторов, изучающих время.
Это не осциллятор у него нет уровней перепроданности или перекупленности. Данный индикатор имеет неопределенное начало и неопределенный конец. Ценность его не в абсолютных значениях индикатора, а в относительных. Этот индикатор высчитывает время подъема цены и время снижения цены. Он наглядно показывает сколько времени цена поднимается и сколько времени цена опускается.
Первоначальная идея была использовать мой индикатор RSIVol для изучения времени. Каждый бар считается за единицу времени. Если цена поднимается за период одного бара, то прибавляется единица, если цена опускается, то вычитается единица. По умолчанию голубая линия показывает такое движения времени по индикатору RsiVol.
Внизу на диаграмме показан базовый индикатор RsiVol. Счёт идет по синей линии, которая вычисляет движение объемной цены. Если синяя линия RSIVol находится выше желтого уровня, то голубая линия времени Time_Wolna окрашивается в зеленый цвет. Если синяя линия в базовом индикаторе RsiVol опускается ниже нижнего желтого уровня, то голубая линия времени индикатора Time_Wolna окрашивается в красный цвет.
В результате получается ломанная линия, четко показывающая волны восхождения и снижения цены. В принципе индикатор времени позволяет легче распознавать волны.
Известно, что время играет важную роль в волновом анализе Эллиотта, хотя на практике это почти никогда не делается. Упоминание Эллиотта это просто лирическое отступление.
Время очень трудно изучать. Этот индикатор не дает четких сигналов на покупку или продажу. Это всего лишь инструмент анализа в помощь аналитикам.
Кроме индикатора RsiVol, используются и просто Rsi от цены и простая скользящая средняя от цены.
Итак, настройки данного индикатора.
"switch Price == close <==> ( High+Low)/2" -- выбираем базовую цену во всех последующих вычислениях
"Key EMA=> True=ema(Price); False=ema(Price*Volume)" --Ключ переключения скользящей средней от цены или от объемной цены.
" T==> EMA(price,T)"--Период вычисления скользящей средней
"key red==> Yes/No Rsi")--ключ включает или выключает линию RSI красная линия
"key green==> Yes/No Orsi") --ключ включает или выключает линию Объемной RSI зеленая линия
"key olive==> Yes/No RsiVol200" -- ключ включает или выключает линию Объемной RSIVol200 оливковая линия. Это RsiVol минус 200-периодная скользящая средняя.
"keyVol blue==> Yes/No " – ключ включает или выключает базовую голубую линию RSIVol
"keyVol blue==> V->tt(RsiVol) ->tt(ema(Price))"—выбор голубая линия будет вычисляться как время от RSIVol или как время от скользящей средней EMA.
"keyVol blue==> : 1=Time, 2=Time* price, 3=Time*(Ci-Ck) 4=Time*Volume, 5=Time*price*Volume")—выбор для голубой базовой линии. По умолчанию вычисляется просто время подъема или опускания цены. Ключ=1. Но можно исследовать совместное влияние времени и цены и тогда ключ=2. Если изучаем совместное влияние времени и изменения цены за один бар, то ключ=3. Если изучаем совместное влияние времени и объема, то ключ=4. Если изучаем совместное влияние времени, цены и объема, то ключ=5.
"key RsiO red + green==> : 1=Time, 2=Time*Price, 3=Time*(Ci-Ck) 4=Time*Volume, 5=Time*Price*Volume") ---аналогичные настройки для красной зеленой линии. По умолчанию вычисляется просто время подъема или опускания цены. Ключ=1. Но можно исследовать совместное влияние времени и цены и тогда ключ=2. Если изучаем совместное влияние времени и изменения цены за один бар, то ключ=3. Если изучаем совместное влияние времени и объема, то ключ=4. Если изучаем совместное влияние времени, цены и объема, то ключ=5.
"Key Color" – здесь можно отключить изменение цвета голубой линии на зеленый или красный в моменты выхода базового индикатора RsiVol выше верхнего и ниже нижнего уровней.
"Level nul ==> * Down Level Rsi - косметическая настройка для того, чтобы поднять или опустить график
"Level nul ==> * Down Level ORsi -- косметическая настройка для того, чтобы поднять или опустить график
"Level nul ==> * DownLevel RsiVol200 -- косметическая настройка для того, чтобы поднять или опустить график
" blue =>volume * price" – период для вычисления объемной цены
" blue => RSIVOL(Volume*price,len) and EMA" – период для вычисления RsiVol
"blue__o1=> ema ( RSIVOL, o1)" – дополнительное сглаживание RsiVol
" red=rsi (Price,14)" – период для вычисления Rsi
" red= ema ( RSI ,3)" -- дополнительное сглаживание Rsi
"fuchsia__ => RsiVol200 (vp,200)" -- период для вычисления RsiVol200
"fuchsia__o2=> ema ( RSIVOL200 , o2)" -- дополнительное сглаживание RsiVol200
Для исследования времени между двумя фиксированными датами. Задаем начальную точку вычисления и конечную точку вычисления
"Data(0)=Year" – год начальной даты
"Data(0)= Month" – месяц начальной даты
"Data(0)=Day" день начальной даты
"Data(1)=Year" – год конечной даты.
"Data(1)=Year" – месяц конечной даты.
"Data(1)=Day" -- день конечной даты.
[francrypto® strategy] 4 EMAs, P.SAR & Vol.Prof. (by kv4coins)(ENG)
This script consists of my own strategy for cryptocurrency (but can be adapted very well for stocks, forex, etc.)
Is a combination of:
- Four Exponentials Moving Average (EMA), configurables: by defect are 10, 21, 55 and 200 periods in yellow, aqua, orange and blue each of them
- Parabolic SAR System (PSAR), configurable
- Volume Profile (that has been developed by kv4coins - he has already authorized me to use it under the same OSS Licence Terms: MPL 2.0), configurable: with another default values and bilingual support for Spanish (SPA)
How it works
1) It is always better to detect specifics candlesticks or patrons: doji , pinbar or inverted pinbar , engulfing bars , morning star or evening star , harami , twizzer bottom or top , etc.
2) The 10 and 21 periods EMA help to identify the short-term behavior
3) The 55 periods EMA can be used like a support or resistance in medium-term, as 200 periods EMA in very long-term
4) It will convenient search for a double cross (10 & 21) or a triple cross (10, 21 & 55) to determine the medium-term change Downtrend to UpTrend (or viceversa)
5) Confirm the change patron with the Parabolic SAR and then identify potencials purchases or sales
6) Use Volume profile to detect potential supports or resistances areas, in order to set stop limit/loss and take profit orders.
Hope this helps!
Cheers,
FRANCRYPTO®
–––––– 0 ––––––
(ESP)
Este script consiste en mi propia estrategia para criptomonedas (pero puede adaptarse muy bien para acciones, forex, etc.)
Es la combinación de:
1) Cuatro Medias Móviles Exponenciales (EMA), configurables: por defecto son de 10, 21, 55 y 200 períodos en amarillo, turquesa, naranja y azul cada una de ellas
2) Sistema Parabolic SAR (PSAR), configurable
3) Perfil de Volumen (que fuera desarrollado por kv4coins - que ya me ha autorizado a su uso bajo las mismas condiciones de la Licencia OSS: MPL 2.0), configurable: con otros valores por defecto y soporte bilingüe para Español (SPA)
Cómo funciona
1) Siempre va a resultar mejor detectar velas japonesas específicas o patrones: doji , martillos o martillos invertidos , velas envolventes , patrón amanecer o atardecer , harami , velas gemelas , etcétera
2) La EMA de 10 y 21 períodos ayudan a identificar el comportamiento de corto plazo
3) La EMA de 55 períodos puede ser usada como un soporte o resistencia de mediano plazo, como así también, la EMA de 200 períodos en el muy largo plazo
4) Será conveniente buscar un doble cruce (10 & 21) o un triple cruce (10, 21 & 55) para determinar un cambio de la tendencia de mediano plazo de bajista hacia alcista (o viceversa)
5) Confirmá el patrón de cambio con la Parabólica de SAR y entonces identificá potenciales compras o ventas
6) Usá el perfil de volumen para detectar las potenciales zonas de soporte o resistencia, principalmente para establecer ordenes stop limit/loss o take profit.
¡Espero que pueda serles de utilidad!
Saludos,
FRANCRYPTO®
TV Community AlgoTV Community Algo is a free TradingView script that I designed from the ground to benefit the traders of this community. It has plenty of features that you will enjoy, and I have included documentation for how to use this below!
Settings:
Basic:
Turn the Void Lines on or off
Turn the Dashboard on or off
Turn the Signal Bars on or off
Turn the Support & Resistance Lines on or off
Turn the EMA 8 and EMA 200 on or off
Turn the Buy & Sell Signals on or off
Turn the Fibonacci Retracement Tool on or off
Style:
Change the Dashboard's distance from the price action
Change the Dashboard's Color and Transparency
Change the Dashboard Text Color
Change the Fibonacci Deviation
Make the Fibonacci Retracement Tool reverse
Make the Fibonacci Lines extend left, right, both directions, or none
Turn Fibonacci Prices on or off
Turn Fibonacci Levels on or off and change between percent or value
Change Fibonacci Label Position from the left or the right
Usage:
This algo has many uses including but not limited to:
Finding entries and exits using the EMA 8 and EMA 200 crossovers
Using the Void Lines to identify bounces or reversals
Using the Signal Bars to identify trend and confirmation for entries and exits
Using the Dashboard information for confirmation and informational purposes
In the images below, I give a few examples of the many uses of the TV Community Algo!
VOID LINES
The Void Lines are very helpful when it comes to identifying reversals.
TV COMMUNITY ALGO DASHBOARD
The Dashboard is filled with useful information that all traders can benefit from!
SIGNAL BARS
The colored candles known as Signal Bars inform you of when the price action is above or below the midpoint of the Void Lines.
AUTO SUPPORT & RESISTANCE LINES
These lines help traders find accurate levels of support & resistance on all time frames, and the lines change color depending on if the price is above or below them.
EMA 8 AND 200
The EMA 8 and EMA 200 crossovers can be used as entry and exit signals.
BUY & SELL SIGNALS
The BUY & SELL signals can be used to find optimal entries and exits for trades on any time frame. Smaller time frames are best for scalping, while larger time frames are more suited for longer trades. When combined with the EMA lines and Dashboard information, these signals can produce incredibly profitable trades.
AUTO FIBONACCI RETRACEMENT TOOL
The Auto Fibonacci Retracement Tool allows you to plot perfect Fib Lines every time.
Conclusion:
I truly hope that the TV Community Algo benefits the TradingView community and that you all find some value in it. I worked very hard on this product and I would love to see it put to good use.
with love,
-Lemon 🍋
This work is licensed under a Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) creativecommons.org
CT Moving Average Crossover IndicatorMoving Average Crossover Indicator
Here I present a moving average indicator with 9 user definable moving averages from which up to 5 pairs can be selected to show what prices would need to be closed at on the current bar to cross each individual pair.
I have put much emphasis here on simplicity of setting the parameters of the moving averages, selecting the crossover pairs and on the clarity of the displayed information in the optional “Moving Average Crossover Level” Information Box.
What Is a Moving Average (MA)?
According to Investopedia - “In statistics, a moving average is a calculation used to analyze data points by creating a series of averages of different subsets of the full data set.
In finance, a moving average (MA) is a stock indicator that is commonly used in technical analysis. The reason for calculating the moving average of a stock is to help smooth out the price data by creating a constantly updated average price.
By calculating the moving average, the impacts of random, short-term fluctuations on the price of a stock over a specified time-frame are mitigated.”
The user can set the color, type (SMA/EMA) and length of each of the 9 moving averages.
Then the user may choose 5 pairs of moving averages from the set of 9.
The script will then calculate the price needed to be crossed by the close of the current bar in order to crossover each of the user defined pairs and outputs the results as optional lineplots and/or an Infobox which shows the relevant information in a very clear way.
The user may switch the moving averages, crossover lineplots and infobox on and off easily with one click boxes in the settings menu.
The number of decimal places shown in the Infobox can be altered in the settings menu.
If the price required to cross a pair of moving averages is zero or less, the crossover level will display “Impossible” and the plots will plot at zero. (this helps ameliorate chart auto-focus issues)
Quoting a variety of online resources …….
Understanding Moving Averages (MA)
Moving averages are a simple, technical analysis tool. Moving averages are usually calculated to identify the trend direction of a stock or to determine its support and resistance levels. It is a trend-following—or lagging—indicator because it is based on past prices.
The longer the time period for the moving average, the greater the lag. So, a 200-day moving average will have a much greater degree of lag than a 20-day MA because it contains prices for the past 200 days. The 50-day and 200-day moving average figures for stocks are widely followed by investors and traders and are considered to be important trading signals.
Moving averages are a totally customizable indicator, which means that an investor can freely choose whatever time frame they want when calculating an average. The most common time periods used in moving averages are 15, 20, 30, 50, 100, and 200 days. The shorter the time span used to create the average, the more sensitive it will be to price changes. The longer the time span, the less sensitive the average will be.
Investors may choose different time periods of varying lengths to calculate moving averages based on their trading objectives. Shorter moving averages are typically used for short-term trading, while longer-term moving averages are more suited for long-term investors.
There is no correct time frame to use when setting up your moving averages. The best way to figure out which one works best for you is to experiment with a number of different time periods until you find one that fits your strategy.
Predicting trends in the stock market is no simple process. While it is impossible to predict the future movement of a specific stock, using technical analysis and research can help you make better predictions.
A rising moving average indicates that the security is in an uptrend, while a declining moving average indicates that it is in a downtrend. Similarly, upward momentum is confirmed with a bullish crossover, which occurs when a short-term moving average crosses above a longer-term moving average. Conversely, downward momentum is confirmed with a bearish crossover, which occurs when a short-term moving average crosses below a longer-term moving average.
Types of Moving Averages
Simple Moving Average (SMA)
The simplest form of a moving average, known as a simple moving average (SMA), is calculated by taking the arithmetic mean of a given set of values. In other words, a set of numbers–or prices in the case of financial instruments–are added together and then divided by the number of prices in the set.
Exponential Moving Average (EMA)
The exponential moving average is a type of moving average that gives more weight to recent prices in an attempt to make it more responsive to new information.
To calculate an EMA, you must first compute the simple moving average (SMA) over a particular time period. Next, you must calculate the multiplier for weighting the EMA (referred to as the "smoothing factor"), which typically follows the formula: 2/(selected time period + 1). So, for a 20-day moving average, the multiplier would be 2/(20+1)= 0.0952. Then you use the smoothing factor combined with the previous EMA to arrive at the current value.
The EMA thus gives a higher weighting to recent prices, while the SMA assigns equal weighting to all values.
Structure AnalyzerA momentum indicator that uses the highest and lowest values for price in three different lookback lengths to find the performance relative to three timeframes.
- The yellow line is the product of the price performance in three different timeframes.
- The red line is 200 EMA of the performance.
- The blue columns represent the same calculation or the volume(OBV based).
- The aqua line is the 200 EMA of the volume performance.
How to use: Whenever the performance crosses above the 200 EMA, the price is in an uptrend.
Important: When in a downtrend, the performance will stay below the 200 EMA for a long time; hence it is important o wait until the crossover.
Minervini Trend TemplateMinervini Trend Template
1. Stock price is above MA 150 and 200
2. MA 150 is above MA 200
3. MA 200 is trending at least 1 month(22 days)
4. MA 50 is above both MA 150 and MA 200
5. Current stock price is 25% above 52 weeks low
6. Current Price is within 25% of 52 week high
7. RS Ratings
Xiang Stoch MACD 200EMAStochastic + MACD + 200 EMA indicator
Green flag
1) MACD crossover Signal line
2) Stochastic in oversold region (=80)
3) Below 200 EMA (direction of trend)
I use 200 EMA to determine the direction of the trend, (can ignore point 3 for both flag if you got other ways).
If green flag, high possibility of market going up.
If red flag, high possibility of market going down.
ARI-DPO TrendThis is a new indicator that uses DPO (Detrended Price Oscillator) and calculating its HMA 200 and EMA 200 is able to show the current price direction.
if the line is below 0 the market is in a downtrend in the short term, otherwise, the market is in an uptrend.
if the line is red, the market is in a downtrend in the long term (bearish), otherwise, the market is in a long term uptrend (bullish)
a sequence of red/green lines means that the market is choppy
Currently, I'm using it with cryptocurrencies to assess if the short term price action.
How it works:
the indicator calculates the DPO (default 21 periods) and its HMA (default 200 periods) and EMA (default 200 periods) and shows if the DPO is above both HMA and SMA (indicator line above 0 and green), below both (indicator line below 0 and red) or between (the indicator line and the colour are not matching: e.g. red line above the zero or green line below zero). the latter is the classic situation of a choppy market or a possible short term reversal.
The aim of this indicator is to find a good entry point for long/short positions.
I'm still testing and improving it, please
let me know in the comments if you find this useful. Cheers!
GAURs Polynomial Regression ChannelsThanks to The Sweet Lord , here is the Gaur's Polynomial Regression Channel.
Its a Polynomial Regression Channel but applied a little differently. Wont go into technical details much. Overview of options is as follows-
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Channel Options
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1. Degree of Polynomial: 1/2/3
Default = 3
Defines the degree of polynomials - 1,2,3. Note here, degree 1 will not be a straight line since its applied differently.
Try different degrees for different fits and market conditions.
2. Channel Length:
Default 30 (candles)
You can go beyond 100 or 200 candle lengths but smaller is the usual preference of Poly-Reg-channel traders. It all depends on market conditions and your style of trading. Do your research. I am usually comfortable with a range of 20-50 (in crypto markets).
3. Basis of Channel height/boundries: ATR/Manual
Default: ATR
ATR provides a dynamically adjusted entry/exit bounds of the channels. As ATR changes, the channel bounds also changes its height. It can also be fixed manually. Manual heights wont change automatically.
4. Basis of Y-Value: open/close/ sma / ema / wma /hilow
Default: close
Y- value is the y value of the (x,y) coordinates used while calculating the regression coefficients. Dont worry about it, its nothing serious.
5. Apply channel smoothning using sma?: Yes/No
Default: Yes
Without smoothning, the channel does not "look" good.
6. Shaded Area Height Percentage:
Its the extra margin for the channel. Its in percentage of the total height (defined 3 above) of channels. The shaded area provides an extra allowance for your entries or exits beyond the ATR or manual heights.
7. Plot RSI?: Yes/No
Default: Yes
Plots RSI (orange line in between the channel - its different from the dotted center line) considering the downbound of channels as 0 (oversold) and upbound of channels as 100 (overbought)
8. Plot 200 sma?: Yes/No
Default: Yes
It plots a 200 period fast (green) and 225 period slow (red) sma . I usually use two MAs. Its visually very easy to understand.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Sample Strategy
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
You can develop your own strategy with the channels. But following is just one of the ways you can trade.
Best Application: Ranging markets. But can be happily used in volatile conditions, with a little experience.
1. SMA: -- (this condition is optional really)
If green (200) is above red (225) go only long. If red is above green go only short. Defines long term trend of the market.
2. Channel slope: -- (this stuff needs practice/experience)
Depending on the channel slope, like if its tending to go up or down, you can choose to take only short or long trades. It defines short term momentum of the market.
3. ATR based heights:
Since its ATR based, the channel height are our natural entry and exit points.
Long:
When price touches lower shaded area, consider possible long entry. Exit on price entering the upper shaded area.
Short:
Enter on upper bound shaded area, exit on lower.
4. RSI:
For additional conformations. Again note, the RSI considers the lower bound of channel as 0 and upper as 100. But since, the channel moves up and down, the RSI will also move not only as RSI but also with the channel. Meaning, say if the RSI is valued at 50, then it will be near the center of the channel but since the center changes as time and price changes, the RSI valued at 50 at different times will not be at the same horizontal level respect to the graph, although it will be at the same level (center) respect to the channel.
5. PRC Channel Percentage label:
This label is at the lower side a bit ahead of the current candle. Provides you info on what is the channel percentage. This is especially helpful in crypto markets to gauge your possible percentage profit where profits can be much higher than forex or other instruments. It can also helps you select a suitable market/instrument if the channels are based on ATR.
6. Extra indicators:
I usually use stochastic along with this setup for extra conformations.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Donate
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Use freely and donate generously if you find value. Your help will really help.
I had earlier provided BTC addresses for donations but it seems to violate TV House rules.
Hope they make TV coins redeemable in future.
- Pranav Joshi
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Extra Info
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
// © cpranavjoshi
// special thanks to the "Trading View" people for providing this great platform for free
// ------------------------
// MATH
// ------------------------
// special thanks to an article on the web that provided layman friendly explanation of the maths
// unfortunately i wont be able to provide the link to that article owing to TV restrictions, though i sincerely would have liked to credit the author.
// Google search this phrase, and you should be able to get it in one of the first results - "polynomialregression Mathematics of Polynomial Regression"
// my regression math calculation is a further resolution upon the generalized matrix formula given in the that article.
// the generalized matrix looks scary but in fact its much simpler than one may assume
// the summation sign things are just float numbers that can be easily found out
// so we get a matrix with number of equations equal to the number of unknowns.
// e.g. if its a 3rd degree poly, it has 4 unknowns (c0,c1,c2,c3) with 4 equations as in the generalized matrix
// it can be resolved by simple algebra
// Note: the results have been verified with excel using same input data points.
// pine was difficult for me so i coded it in python first to verify
// ------------------------
// WHY
// ------------------------
// this script was coded because Pranav badly needed Polynomial channels (had used them in mt4 earlier)
// and at the time of this coding, i could not find any readily available script in the trading view public library ( tnx public)
// the complex math was probably the hurdle
// i m not good in maths, but by the Will of the Lord, i could resolve the issue with simple algebra and logic
// ------------------------
// PINE
// ------------------------
// i am just an average (even poor probably) programmer and pine script is not my language
// this is a humble attempt to write my first pine with whatever i could do quickly
// experts - feel free to develop if needed. have used some workarounds in drawings/plottings. rectify them if possible
//
//
// - Pranav Joshi
Trading Rush Signals & AlertsThis is an unofficial script for strategies tested on TRADING RUSH Youtube channel. Over time, most successful strategies will be added with an option to set strategy-specific alerts . Trading Rush Signals & Alerts will draw signals on the chart when the entry conditions are met. You can also opt for displaying indicators .
My script is meant for beginners but can be used by veterans too. Just pick only one or two strategies, you don't want to flood your chart with conflicting signals. You may want to support your trades with a proper analysis. If a new signal occurs when there is still an open position, you are not supposed to take another.
The current version includes MACD and Donchian Channels.
MACD strategy:
►Buy, when MACD crosses below the signal line when it is negative. The price must also be above 200 EMA.
►Sell, when MACD crosses above the signal line when it is positive. The price must also be below 200 EMA.
►This strategy was tested on 30-minute charts of EURUSD and EURJPY with reward-to-risk ratio 1,5 and win rate of 62% over 100 trades .
►►►MACD has to be added to your chart separately because it needs a new window. Indicators displaying will not add this indicator to the chart.
Donchian Channels strategy:
►Buy, when the price breaches Donchian to the upside after making a new low. The price must also be above 200 EMA.
►Sell, when the price breaches Donchian to the downside after making a new high. The price must also be below 200 EMA.
►Stop-loss is Donchian bottom for long and Donchian top for shorts. Check the channel for more information.
►This strategy was tested on 30-minute charts of EURUSD with reward-to-risk ratio 1,5 and win rate of 58% over 100 trades .
►►►I programmed alerts for Donchians to come ahead of an actual breach. If you often leave the screen when trading, this will help you. The necessary downside for that is the alerts might come when the signal doesn't trigger in the end. You will see a mark on the chart if the conditions are truly met.
Bear in mind that backtesting performance doesn't guarantee future profitability. • Most systematic strategies are not suitable for any timeframe. • You should perform your own backtest to base your trades on more data & to establish confidence in the selected strategy.
New strategies will be added when I have time. If I see multiple people asking for the same new feature, I might agree to release it with a new version. I am not going to add input options in this script, it could come as a separate script though. I am in no way affiliated with the Youtubechannel , so if you find the script helpful, shot me a message or send me some TradingView coins >)
If you encounter any bug, you can report it in a message or in comments. Support it with screenshot and relevant information such as a time when it occurred and what options were on etc.
Moving average Two ColoursExponential moving average of 200 periods, which changes color according to the position of the candles.
(200 periods: default configuration Option to change periods allowed)
If the candles are on the EMA, this will have green color, otherwise red color (colors, thickness configurable).
**********************************************************************************************************************************************
Descripción en Español:
Media móvil Exponencial de 200 periodos, la cuál cambia de color según posición de las velas.
(200 periodos: configuración default. Opción de cambio de periodos permitida)
Si las velas están sobre la EMA , esta tendrá color verde, caso contrario color rojo (colores, grosor configurables).
cci based potential buy/sell signal
Commodity Channel Index Potential Buy Signal
Commodity Channel Index (CCI) is below oversold line (-200).
CCI then crosses above -100 line
Commodity Channel Index Potential Sell Signal
Commodity Channel Index (CCI) is above overbought line (+200).
CCI then crosses below +100 line.
Türkçe Açıklama;
CCI Potansiyel Al Sinyali
CCI indikatörünün -200 altında bulunduğu bölgeler aşırı satış bölgeleri,
Sonrasında aşağıdan gelerek -100 çizgisinin üzerine çıktığı yada çıkmak üzere olduğu noktalar al sinyali
CCI Potansiyel Satl Sinyali
CCI indikatörünün +200 üzerinde bulunduğu bölgeler aşırı alım bölgeleri,
Sonrasında yukarıdan inerek +100 çizgisinin altına indiği yada inmek üzere olduğu noktalar sat sinyali
Not: Tek başına kullanılması son derece hatalı sonuçlar verebilir. Sadece olabilirlik potansiyeli taşımaktadır.
Exponential Moving Average (Set of 3) [Krypt] + 13/34 EMAsI took Krypt's script and essentially added on to it.
the 20/50/100/200 EMAs should be used together as support and resistance as normal.
Wait for price to break 200 EMA
Wait for 50 EMA to cross 200 EMA
Wait for pullback to 50 EMA to open position
20 and 100 EMAs are for extra information about moving support and resistance
and 13/34 EMAs should be used in conjunction
When 13 EMA crosses 34 EMA, open position
When price gets far from 13/34, close position (because price will attempt to revert back to mean)
This is better for scalping and swing trades than the 20/50/100/200 setup.
Twitter: @AzorAhai06
ST_Trend_ReversalSTRONG TREND REVERSAL INDICATOR
The code is the percentage difference between the spot price of a given financial asset and its 200-day MA of that period. My standard setup is Daily, and I think it's got very good predictive power at that timeframe.
It can be read in two ways:
1. Values extremely above or below the 200-period MA present chances of buying/selling agains the prevailing trend.
2. Values closely above or below the 200-period MA are make-or-break market periods, where a medium-term trend becomes evident. Breaks above or below the MA are associated with strong chances of directional movements. But it's not fool-proof as false breaks have become commonplace nowadays.
Other way to use it is as confirmation of breakdowns: For example, an asset that loses its 200-day MA and then can't rally above it becomes exposed to steep losses afterwards.
It's also helpful to use in volatility trading: the closer the asset goes to its MA, the lower goes implied vol, and thus better opportiunities to be long volatility on those occasions where direction is hard to predict.
STRI = close/(200dMA)
Values over 100 indicate percentage premiums of spot vs its moving average.
Values below indicate percentage discounts of spot vs its moving average.
HeikenAshi[1]This is the alert script so you can automate this strategy using AutoView:
Make sure to use
crossing down value 0.9 once per bar (on condition) for this.
For the alert Message if you're using AutoView:
Long GBPUSD
c=order b=short
c=position b=short l=200 t=market
b=long q=0.01 l=200 t=market tp=60 sl=60
Short GBPUSD
c=order b=long
c=position b=long l=200 t=market
b=short q=0.01 l=200 t=market tp=60 sl=60
How to automate this strategy for free using a chrome extension.Hey everyone,
Recently we developed a chrome extension for automating TradingView strategies using the alerts they provide. Initially we were charging a monthly fee for the extension, but we have now decided to make it FREE for everyone. So to display the power of automating strategies via TradingView, we figured we would also provide a profitable strategy along with the custom alert script and commands for the alerts so you can easily cut and paste to begin trading for profit while you sleep.
Step 1:
You are going to need to download the Chrome Extension called AutoView. You can get the extension for free by following this link: bit.ly ( I had to shorten the link as it contains Google and TV automatically converts it to a symbol)
Step 2: Go to your chrome extension page, and under the new extension you'll see a "settings" button. In the setting you will have to connect and give permission to the exchange 1broker allowing the extension to place your orders automatically when triggered by an alert.
Step 3: Setup the strategy and custom script for the alerts in TradingView. The attached script is the strategy, you can play with the settings yourself to try and get better numbers/performance if you please.
This following script is for the custom alerts:
//@version=2
study("4All-Alert", shorttitle="Alerts")
src = close
len = input(4, minval=1, title="Length")
up = rma(max(change(src), 0), len)
down = rma(-min(change(src), 0), len)
rsi = down == 0 ? 100 : up == 0 ? 0 : 100 - (100 / (1 + up / down))
rsin = input(5)
sn = 100 - rsin
ln = 0 + rsin
short = crossover(rsi, sn) ? 1 : 0
long = crossunder(rsi, ln) ? 1 : 0
plot(long, "Long", color=green)
plot(short, "Short", color=red)
Now that you have the extension installed, the custom strategy and alert scripts in place, you simply need to create the alerts.
To get the alerts to communicate with the extension properly, there is a specific syntax that you will need to put in the message of the alert. You can find more details about the syntax here : gist.github.com
For this specific strategy, I use the Alerts script, long/short greater than 0.9 on close.
In the message for a long place this as your message:
Long
c=order b=short
c=position b=short l=200 t=market
b=long q=0.01 l=200 t=market tp=13 sl=25
and for the short...
Short
c=order b=long
c=position b=long l=200 t=market
b=short q=0.01 l=200 t=market tp=13 sl=25
If you'll notice in my above messages, compared to the strategy my tp and sl (take profit and stop loss) vary by a few pips. This is to cover the market opens and spread on 1broker. You can change the tp and sl in the strategy to the above and see that the overall profit will not vary much at all.
I hope this all makes sense and it is enough to not only make some people money, but to show the power of coming up with your own strategy and automating it using TradingView alerts and the free Chrome Extension AutoView.
ps. I highly recommend upgrading your TradingView account so you have access to back testing and multiple alerts.
There is really no reason you won't cover the cost and then some on a monthly basis using the tools provided.
Best of luck and happy trading.
Note: The extension currently allows for automation on 2 exchanges; 1broker and Okcoin. If you do not have accounts there, we'd appreciate you signing up using our referral links.
www.okcoin.com
1broker.com
Sharpshooter 30Sharpshooter 30
Always wait. TVC:GOLD
If you just follow the rules, you will always win.
After a 7/200 EMA death cross, the script arms and plots one BUY on the first confirmed bar where the Fast EMA is $30 below the 200 EMA. 5-minute chart recommended.
Note: MA lengths and the USD distance are user-configurable—tune them to your market/session.
Sharpshooter 30 — 常に待つこと。
7/200 EMAのデッドクロス後に待機し、Fast EMAが200EMAより$30下になった確定足で1回だけBUYを点灯。推奨:5分足。
MA期間や乖離額(USD)は各自でカスタムしてください。
Luxy Momentum, Trend and Breakout Indicators Suit V6TABLE OF CONTENTS
This is Version 6 (V6) - the latest and most optimized release. If you are using any older versions (V5, V4, V3, etc.), it is highly recommended to replace them with V6.
Why This Indicator is Different
Who Should Use This
Core Components Overview
The UT Bot Trading System
Understanding the Market Bias Table
Candlestick Pattern Recognition
Visual Tools and Features
How to Use the Indicator
Performance and Optimization
FAQ
---
1. WHY THIS INDICATOR IS DIFFERENT
Most traders use multiple separate indicators on their charts, leading to cluttered screens, conflicting signals, and analysis paralysis. The Suite solves this by integrating proven technical tools into a single, cohesive system.
Key Advantages:
All-in-One Design: Instead of loading 5-10 separate indicators, you get everything in one optimized script. This reduces chart clutter and improves TradingView performance.
Multi-Timeframe Bias Table: Unlike standard indicators that only show the current timeframe, the Bias Table aggregates trend signals across multiple timeframes simultaneously. See at a glance whether 1m, 5m, 15m, 1h are aligned bullish or bearish - no more switching between charts.
Smart Confirmations: The indicator doesn't just give signals - it shows you WHY. Every entry has multiple layers of confirmation (MA cross, MACD momentum, ADX strength, RSI pullback, volume, etc.) that you can toggle on/off.
Dynamic Stop Loss System: Instead of static ATR stops, the SL is calculated from multiple support/resistance layers: UT trailing line, Supertrend, VWAP, swing structure, and MA levels. This creates more intelligent, price-action-aware stops.
R-Multiple Take Profits: Built-in TP system calculates targets based on your initial risk (1R, 1.5R, 2R, 3R). Lines freeze when touched with visual checkmarks, giving you a clean audit trail of partial exits.
Educational Tooltips Everywhere: Every single input has detailed tooltips explaining what it does, typical values, and how it impacts trading. You're not guessing - you're learning as you configure.
Performance Optimized: Smart caching, conditional calculations, and modular design mean the indicator runs fast despite having 15+ features. Turn off what you don't use for even better performance.
No Repainting: All signals respect bar close. Alerts fire correctly. What you see in history is what you would have gotten in real-time.
What Makes It Unique:
Integrated UT Bot + Bias Table: No other indicator combines UT Bot's ATR trailing system with a live multi-timeframe dashboard. You get precision entries with macro trend context.
Candlestick Pattern Recognition with Interactive Tooltips: Patterns aren't just marked - hover over any emoji for a full explanation of what the pattern means and how to trade it.
Opening Range Breakout Tracker: Built-in ORB system for intraday traders with customizable session times and real-time status updates in the Bias Table.
Previous Day High/Low Auto-Detection: Automatically plots PDH/PDL on intraday charts with theme-aware colors. Updates daily without manual input.
Dynamic Row Labels in Bias Table: The table shows your actual settings (e.g., "EMA 10 > SMA 20") not generic labels. You know exactly what's being evaluated.
Modular Filter System: Instead of forcing a fixed methodology, the indicator lets you build your own strategy. Start with just UT Bot, add filters one at a time, test what works for your style.
---
2. WHO WHOULD USE THIS
Designed For:
Intermediate to Advanced Traders: You understand basic technical analysis (MAs, RSI, MACD) and want to combine multiple confirmations efficiently. This isn't a "one-click profit" system - it's a professional toolkit.
Multi-Timeframe Traders: If you trade one asset but check multiple timeframes for confirmation (e.g., enter on 5m after checking 15m and 1h alignment), the Bias Table will save you hours every week.
Trend Followers: The indicator excels at identifying and following trends using UT Bot, Supertrend, and MA systems. If you trade breakouts and pullbacks in trending markets, this is built for you.
Intraday and Swing Traders: Works equally well on 5m-1h charts (day trading) and 4h-D charts (swing trading). Scalpers can use it too with appropriate settings adjustments.
Discretionary Traders: This isn't a black-box system. You see all the components, understand the logic, and make final decisions. Perfect for traders who want tools, not automation.
Works Across All Markets:
Stocks (US, international)
Cryptocurrency (24/7 markets supported)
Forex pairs
Indices (SPY, QQQ, etc.)
Commodities
NOT Ideal For:
Complete Beginners: If you don't know what a moving average or RSI is, start with basics first. This indicator assumes foundational knowledge.
Algo Traders Seeking Black Box: This is discretionary. Signals require context and confirmation. Not suitable for blind automated execution.
Mean-Reversion Only Traders: The indicator is trend-following at its core. While VWAP bands support mean-reversion, the primary methodology is trend continuation.
---
3. CORE COMPONENTS OVERVIEW
The indicator combines these proven systems:
Trend Analysis:
Moving Averages: Four customizable MAs (Fast, Medium, Medium-Long, Long) with six types to choose from (EMA, SMA, WMA, VWMA, RMA, HMA). Mix and match for your style.
Supertrend: ATR-based trend indicator with unique gradient fill showing trend strength. One-sided ribbon visualization makes it easier to see momentum building or fading.
ZLSMA: Zero-lag linear-regression smoothed moving average. Reduces lag compared to traditional MAs while maintaining smooth curves.
Momentum & Filters:
MACD: Standard MACD with separation filter to avoid weak crossovers.
RSI: Pullback zone detection - only enter longs when RSI is in your defined "buy zone" and shorts in "sell zone".
ADX/DMI: Trend strength measurement with directional filter. Ensures you only trade when there's actual momentum.
Volume Filter: Relative volume confirmation - require above-average volume for entries.
Donchian Breakout: Optional channel breakout requirement.
Signal Systems:
UT Bot: The primary signal generator. ATR trailing stop that adapts to volatility and gives clear entry/exit points.
Base Signals: MA cross system with all the above filters applied. More conservative than UT Bot alone.
Visual Intelligence:
Market Bias Table: Multi-timeframe dashboard showing trend alignment across 7 timeframes plus macro bias (3-day, weekly, monthly, quarterly, VIX).
Candlestick Patterns: Six major reversal patterns auto-detected with interactive tooltips.
ORB Tracker: Opening range high/low with breakout status (intraday only).
PDH/PDL: Previous day levels plotted automatically on intraday charts.
VWAP + Bands: Session-anchored VWAP with up to three standard deviation band pairs.
---
4. THE UT BOT TRADING SYSTEM
The UT Bot is the heart of the indicator's signal generation. It's an advanced ATR trailing stop that adapts to market volatility.
Why UT Bot is Superior to Fixed Stops:
Traditional ATR stops use a fixed multiplier (e.g., "stop = entry - 2×ATR"). UT Bot is smarter:
It TRAILS the stop as price moves in your favor
It WIDENS during high volatility to avoid premature stops
It TIGHTENS during consolidation to lock in profits
It FLIPS when price breaks the trailing line, signaling reversals
Visual Elements You'll See:
Orange Trailing Line: The actual UT stop level that adapts bar-by-bar
Buy/Sell Labels: Aqua triangle (long) or orange triangle (short) when the line flips
ENTRY Line: Horizontal line at your entry price (optional, can be turned off)
Suggested Stop Loss: A composite SL calculated from multiple support/resistance layers:
- UT trailing line
- Supertrend level
- VWAP
- Swing structure (recent lows/highs)
- Long-term MA (200)
- ATR-based floor
Take Profit Lines: TP1, TP1.5, TP2, TP3 based on R-multiples. When price touches a TP, it's marked with a checkmark and the line freezes for audit trail purposes.
Status Messages: "SL Touched ❌" or "SL Frozen" when the trade leg completes.
How UT Bot Differs from Other ATR Systems:
Multiple Filters Available: You can require 2-bar confirmation, minimum % price change, swing structure alignment, or ZLSMA directional filter. Most UT implementations have none of these.
Smart SL Calculation: Instead of just using the UT line as your stop, the indicator suggests a better SL based on actual support/resistance. This prevents getting stopped out by wicks while keeping risk controlled.
Visual Audit Trail: All SL/TP lines freeze when touched with clear markers. You can review your trades weeks later and see exactly where entries, stops, and targets were.
Performance Options: "Draw UT visuals only on bar close" lets you reduce rendering load without affecting logic or alerts - critical for slower machines or 1m charts.
Trading Logic:
UT Bot flips direction (Buy or Sell signal appears)
Check Bias Table for multi-timeframe confirmation
Optional: Wait for Base signal or candlestick pattern
Enter at signal bar close or next bar open
Place stop at "Suggested Stop Loss" line
Scale out at TP levels (TP1, TP2, TP3)
Exit remaining position on opposite UT signal or stop hit
---
5. UNDERSTANDING THE MARKET BIAS TABLE
This is the indicator's unique multi-timeframe intelligence layer. Instead of looking at one chart at a time, the table aggregates signals across seven timeframes plus macro trend bias.
Why Multi-Timeframe Analysis Matters:
Professional traders check higher and lower timeframes for context:
Is the 1h uptrend aligning with my 5m entry?
Are all short-term timeframes bullish or just one?
Is the daily trend supportive or fighting me?
Doing this manually means opening multiple charts, checking each indicator, and making mental notes. The Bias Table does it automatically in one glance.
Table Structure:
Header Row:
On intraday charts: 1m, 5m, 15m, 30m, 1h, 2h, 4h (toggle which ones you want)
On daily+ charts: D, W, M (automatic)
Green dot (🟢) next to title = live updating
Headline Rows - Macro Bias:
These show broad market direction over longer periods:
3 Day Bias: Trend over last 3 trading sessions (uses 1h data)
Weekly Bias: Trend over last 5 trading sessions (uses 4h data)
Monthly Bias: Trend over last 30 daily bars
Quarterly Bias: Trend over last 13 weekly bars
VIX Fear Index: Market regime based on VIX level - bullish when low, bearish when high
Opening Range Breakout: Status of price vs. session open range (intraday only)
These rows show text: "BULLISH✔️", "BEARISH✖️", or "NEUTRAL⚠️"
Indicator Rows - Technical Signals:
These evaluate your configured indicators across all active timeframes:
Fast MA > Medium MA (shows your actual MA settings, e.g., "EMA 10 > SMA 20")
Price > Long MA (e.g., "Price > SMA 200")
Price > VWAP
MACD > Signal
Supertrend (up/down/neutral)
ZLSMA Rising
RSI In Zone
ADX ≥ Minimum
These rows show emojis: 🟩 (bullish), 🟥 (bearish), 🟡 (neutral/NA)
AVG Column:
Shows percentage of active timeframes that are bullish for that row. This is the KEY metric:
AVG > 70% = strong multi-timeframe bullish alignment
AVG 40-60% = mixed/choppy, no clear trend
AVG < 30% = strong multi-timeframe bearish alignment
How to Use the Table:
For a long trade:
Check AVG column - want to see > 60% ideally
Check headline bias rows - want to see BULLISH, not BEARISH
Check VIX row - bullish market regime preferred
Check ORB row (intraday) - want ABOVE for longs
Scan indicator rows - more green = better confirmation
For a short trade:
Check AVG column - want to see < 40% ideally
Check headline bias rows - want to see BEARISH, not BULLISH
Check VIX row - bearish market regime preferred
Check ORB row (intraday) - want BELOW for shorts
Scan indicator rows - more red = better confirmation
When AVG is 40-60%:
Market is choppy, mixed signals. Either stay out or reduce position size significantly. These are low-probability environments.
Unique Features:
Dynamic Labels: Row names show your actual settings (e.g., "EMA 10 > SMA 20" not generic "Fast > Slow"). You know exactly what's being evaluated.
Customizable Rows: Turn off rows you don't care about. Only show what matters to your strategy.
Customizable Timeframes: On intraday charts, disable 1m or 4h if you don't trade them. Reduces calculation load by 20-40%.
Automatic HTF Handling: On Daily/Weekly/Monthly charts, the table automatically switches to D/W/M columns. No configuration needed.
Performance Smart: "Hide BIAS table on 1D or above" option completely skips all table calculations on higher timeframes if you only trade intraday.
---
6. CANDLESTICK PATTERN RECOGNITION
The indicator automatically detects six major reversal patterns and marks them with emojis at the relevant bars.
Why These Six Patterns:
These are the most statistically significant reversal patterns according to trading literature:
High win rate when appearing at support/resistance
Clear visual structure (not subjective)
Work across all timeframes and assets
Studied extensively by institutions
The Patterns:
Bullish Patterns (appear at bottoms):
🔺 Bullish Engulfing: Green candle completely engulfs prior red candle's body. Strong reversal signal.
🔨 Hammer: Small body with long lower wick (at least 2× body size). Shows rejection of lower prices by buyers.
🌅 Morning Star: Three-candle pattern (large red → small indecision → large green). Very strong bottom reversal.
Bearish Patterns (appear at tops):
🔻 Bearish Engulfing: Red candle completely engulfs prior green candle's body. Strong reversal signal.
🌠 Shooting Star: Small body with long upper wick (at least 2× body size). Shows rejection of higher prices by sellers.
🌆 Evening Star: Three-candle pattern (large green → small indecision → large red). Very strong top reversal.
Interactive Tooltips:
Unlike most pattern indicators that just draw shapes, this one is educational:
Hover your mouse over any pattern emoji
A tooltip appears explaining: what the pattern is, what it means, when it's most reliable, and how to trade it
No need to memorize - learn as you trade
Noise Filter:
"Min candle body % to filter noise" setting prevents false signals:
Patterns require minimum body size relative to price
Filters out tiny candles that don't represent real buying/selling pressure
Adjust based on asset volatility (higher % for crypto, lower for low-volatility stocks)
How to Trade Patterns:
Patterns are NOT standalone entry signals. Use them as:
Confirmation: UT Bot gives signal + pattern appears = stronger entry
Reversal Warning: In a trade, opposite pattern appears = consider tightening stop or taking profit
Support/Resistance Validation: Pattern at key level (PDH, VWAP, MA 200) = level is being respected
Best combined with:
UT Bot or Base signal in same direction
Bias Table alignment (AVG > 60% or < 40%)
Appearance at obvious support/resistance
---
7. VISUAL TOOLS AND FEATURES
VWAP (Volume Weighted Average Price):
Session-anchored VWAP with standard deviation bands. Shows institutional "fair value" for the trading session.
Anchor Options: Session, Day, Week, Month, Quarter, Year. Choose based on your trading timeframe.
Bands: Up to three pairs (X1, X2, X3) showing statistical deviation. Price at outer bands often reverses.
Auto-Hide on HTF: VWAP hides on Daily/Weekly/Monthly charts automatically unless you enable anchored mode.
Use VWAP as:
Directional bias (above = bullish, below = bearish)
Mean reversion levels (outer bands)
Support/resistance (the VWAP line itself)
Previous Day High/Low:
Automatically plots yesterday's high and low on intraday charts:
Updates at start of each new trading day
Theme-aware colors (dark text for light charts, light text for dark charts)
Hidden automatically on Daily/Weekly/Monthly charts
These levels are critical for intraday traders - institutions watch them closely as support/resistance.
Opening Range Breakout (ORB):
Tracks the high/low of the first 5, 15, 30, or 60 minutes of the trading session:
Customizable session times (preset for NYSE, LSE, TSE, or custom)
Shows current breakout status in Bias Table row (ABOVE, BELOW, INSIDE, BUILDING)
Intraday only - auto-disabled on Daily+ charts
ORB is a classic day trading strategy - breakout above opening range often leads to continuation.
Extra Labels:
Change from Open %: Shows how far price has moved from session open (intraday) or daily open (HTF). Green if positive, red if negative.
ADX Badge: Small label at bottom of last bar showing current ADX value. Green when above your minimum threshold, red when below.
RSI Badge: Small label at top of last bar showing current RSI value with zone status (buy zone, sell zone, or neutral).
These labels provide quick at-a-glance confirmation without needing separate indicator windows.
---
8. HOW TO USE THE INDICATOR
Step 1: Add to Chart
Load the indicator on your chosen asset and timeframe
First time: Everything is enabled by default - the chart will look busy
Don't panic - you'll turn off what you don't need
Step 2: Start Simple
Turn OFF everything except:
UT Bot labels (keep these ON)
Bias Table (keep this ON)
Moving Averages (Fast and Medium only)
Suggested Stop Loss and Take Profits
Hide everything else initially. Get comfortable with the basic UT Bot + Bias Table workflow first.
Step 3: Learn the Core Workflow
UT Bot gives a Buy or Sell signal
Check Bias Table AVG column - do you have multi-timeframe alignment?
If yes, enter the trade
Place stop at Suggested Stop Loss line
Scale out at TP levels
Exit on opposite UT signal
Trade this simple system for a week. Get a feel for signal frequency and win rate with your settings.
Step 4: Add Filters Gradually
If you're getting too many losing signals (whipsaws in choppy markets), add filters one at a time:
Try: "Require 2-Bar Trend Confirmation" - wait for 2 bars to confirm direction
Try: ADX filter with minimum threshold - only trade when trend strength is sufficient
Try: RSI pullback filter - only enter on pullbacks, not chasing
Try: Volume filter - require above-average volume
Add one filter, test for a week, evaluate. Repeat.
Step 5: Enable Advanced Features (Optional)
Once you're profitable with the core system, add:
Supertrend for additional trend confirmation
Candlestick patterns for reversal warnings
VWAP for institutional anchor reference
ORB for intraday breakout context
ZLSMA for low-lag trend following
Step 6: Optimize Settings
Every setting has a detailed tooltip explaining what it does and typical values. Hover over any input to read:
What the parameter controls
How it impacts trading
Suggested ranges for scalping, day trading, and swing trading
Start with defaults, then adjust based on your results and style.
Step 7: Set Up Alerts
Right-click chart → Add Alert → Condition: "Luxy Momentum v6" → Choose:
"✅UT Bot — Buy✅" for long entries
"❌UT Bot — Sell❌" for short entries
"Base Long/Short" for filtered MA cross signals
Optionally enable "Send real-time alert() on UT flip" in settings for immediate notifications.
Common Workflow Variations:
Conservative Trader:
UT signal + Base signal + Candlestick pattern + Bias AVG > 70%
Enter only at major support/resistance
Wider UT sensitivity, multiple filters
Aggressive Trader:
UT signal + Bias AVG > 60%
Enter immediately, no waiting
Tighter UT sensitivity, minimal filters
Swing Trader:
Focus on Daily/Weekly Bias alignment
Ignore intraday noise
Use ORB and PDH/PDL less (or not at all)
Wider stops, patient approach
---
9. PERFORMANCE AND OPTIMIZATION
The indicator is optimized for speed, but with 15+ features running simultaneously, chart load time can add up. Here's how to keep it fast:
Biggest Performance Gains:
Disable Unused Timeframes: In "Time Frames" settings, turn OFF any timeframe you don't actively trade. Each disabled TF saves 10-15% calculation time. If you only day trade 5m, 15m, 1h, disable 1m, 2h, 4h.
Hide Bias Table on Daily+: If you only trade intraday, enable "Hide BIAS table on 1D or above". This skips ALL table calculations on higher timeframes.
Draw UT Visuals Only on Bar Close: Reduces intrabar rendering of SL/TP/Entry lines. Has ZERO impact on logic or alerts - purely visual optimization.
Additional Optimizations:
Turn off VWAP bands if you don't use them
Disable candlestick patterns if you don't trade them
Turn off Supertrend fill if you find it distracting (keep the line)
Reduce "Limit to 10 bars" for SL/TP lines to minimize line objects
Performance Features Built-In:
Smart Caching: Higher timeframe data (3-day bias, weekly bias, etc.) updates once per day, not every bar
Conditional Calculations: Volume filter only calculates when enabled. Swing filter only runs when enabled. Nothing computes if turned off.
Modular Design: Every component is independent. Turn off what you don't need without breaking other features.
Typical Load Times:
5m chart, all features ON, 7 timeframes: ~2-3 seconds
5m chart, core features only, 3 timeframes: ~1 second
1m chart, all features: ~4-5 seconds (many bars to calculate)
If loading takes longer, you likely have too many indicators on the chart total (not just this one).
---
10. FAQ
Q: Can I use this for automated trading?
A: The indicator is designed for discretionary trading. While it has clear signals and alerts, it's not a mechanical system. Context and judgment are required.
Q: Does it repaint?
A: No. All signals respect bar close. UT Bot logic runs intrabar but signals only trigger on confirmed bars. Alerts fire correctly with no lookahead.
Q: How is this different from standard UT Bot indicators?
A: Standard UT Bot is just the ATR trailing line and flip signals. This implementation adds:
Multiple confirmation filters (swing, %, 2-bar, ZLSMA)
Smart composite stop loss system
R-multiple take profit system with freeze-on-touch
Integration with multi-timeframe Bias Table
Visual audit trail with checkmarks
Q: Do I need to use all the features?
A: Absolutely not. The indicator is modular. Many profitable traders use just UT Bot + Bias Table + Moving Averages. Start simple, add complexity only if needed.
Q: How do I know which settings to use?
A: Every single input has a detailed tooltip. Hover over any setting to see:
What it does
How it affects trading
Typical values for scalping, day trading, swing trading
Start with defaults, adjust gradually based on results.
Q: Can I use this on crypto 24/7 markets?
A: Yes. ORB will not work (no defined session), but everything else functions normally. Use "Day" anchor for VWAP instead of "Session".
Q: The Bias Table is blank or not showing.
A: Check:
"Show Table" is ON
Table position isn't overlapping another indicator's table (change position)
At least one row is enabled
"Hide BIAS table on 1D or above" is OFF (if on Daily+ chart)
Q: Why are candlestick patterns not appearing?
A: Patterns are relatively rare by design - they only appear at genuine reversal points. Check:
Pattern toggles are ON
"Min candle body %" isn't too high (try 0.05-0.10)
You're looking at a chart with actual reversals (not strong trending market)
Q: UT Bot is too sensitive/not sensitive enough.
A: Adjust "Sensitivity (Key×ATR)". Lower number = tighter stop, more signals. Higher number = wider stop, fewer signals. Read the tooltip for guidance.
Q: Can I get alerts for the Bias Table?
A: The Bias Table is a dashboard for visual analysis, not a signal generator. Set alerts on UT Bot or Base signals, then manually check Bias Table for confirmation.
Q: Does this work on stocks with low volume?
A: Yes, but turn OFF the volume filter. Low volume stocks will never meet relative volume requirements.
Q: How often should I check the Bias Table?
A: Before every entry. It takes 2 seconds to glance at the AVG column and headline rows. This one check can save you from fighting the trend.
Q: What if UT signal and Base signal disagree?
A: UT Bot is more aggressive (ATR trailing). Base signals are more conservative (MA cross + filters). If they disagree, either:
Wait for both to align (safest)
Take the UT signal but with smaller size (aggressive)
Skip the trade (conservative)
There's no "right" answer - depends on your risk tolerance.
---
FINAL NOTES
The indicator gives you an edge. How you use that edge determines results.
For questions, feedback, or support, comment on the indicator page or message the author.
Happy Trading! 🎯
MA Paketi This advanced MA & ATR Channel Indicator allows you to monitor both short-term and long-term trends on the same chart.
The script includes 9, 21, 50, 100, and 200-period moving averages (MAs) and also lets you add a custom MA of your choice.
Around the 200 MA, a ±6 ATR channel dynamically defines volatility-based support and resistance zones.
Key Features:
🔹 Five classic MAs (9, 21, 50, 100, 200)
🔹 User-defined custom MA (SMA, EMA, WMA, RMA, HMA options)
🔹 MA200-centered ±ATR channel (fully adjustable multiplier and period)
🔹 ATR-based dynamic volatility band
🔹 Alert conditions (notifies when price breaks above or below the channel)
🔹 Clean, colorful, and professional visual design
This indicator helps you analyze trend direction, momentum shifts, and volatility-driven reversal zones simultaneously.
Perfect for swing, scalp, and position traders alike.