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CM MACD Custom Indicator - Multiple Time Frame - V2***For a Detailed Video Overview Showing all of the Settings... Click HERE to View Video New _CM_MacD_Ult_MTF _V2 Update 07-28-2021 Thanks to @SKTennis for help in Updating code to V2 Added Groups to Settings Pane. Added Color Plots to Settings Pane Switched MTF Logic to turn ON/OFF automatically w/ TradingView's Built in Feature Updated Color Transparency plots to work in future update Added Ability to Turn ON/OFF Show MacD & Signal Line Added Ability to Turn ON/OFF Show Histogram Added Ability to Change MACD Line Colors Based on Trend Added Ability to Highlight Price Bars Based on Trend Added Alerts to Settings Pane. Customized how Alerts work. Must keep Checked in Settings Pane, and When you go to Alerts Panel, Change Symbol to Indicator (CM_Ult_MacD_MTF_V2) Customized Alerts to Show Symbol, TimeFrame, Closing Price, MACD Crosses Up & MACD Crosses Down Signals in Alert Alerts are Pre-Set to only Alert on Bar Close See Video for Detailed Overview New Updates Coming Soon!!! ***Please Post Feedback and Any Feature Requests in the Comments Section Below***
Indicateur Pine Script®
par ChrisMoody
148
Black Flamingo Trend + contextThe Black Flamingo Trend+Context is an combined display of the two indicators BF Trend and BF Context. Using this combination, more information can be read by analysis the cross up and down of the trend with the short time or long time context. Generally, a cross up means that the price is likely to go up, and the opposite for a cross down. --------------------- The Black Flamingo Trend display on the chart the following components : - A Trend oscillator that is using price and volume information to inform on changes in trends. - Overbought and Oversell zones, to rapidly see when the price is making strong moves in price and volume . - An automatic divergence computation ("D" displayed on the chart) between the oscillator and the price. - A Multitimeframe Trend oscillator (MTF) that compute the Trend in multiple superior timeframe to have an information of the convergence of the signals. For example, a MTF in oversell zone means that every trend in multiple timeframes are in oversell zone, so a reversal is likely to happens. Trend oscillator is a new tool that aims to provide information on trend exhaustion or trend changes. In first, the oscillator is computed using the past prices and volumes. So to make the oscillator stay in overbought and oversell zones, there must be strong movement and volume . There is several way to use this oscillator in conjonction of the other Black Flamingo indicators : - When you are confident that the price is in range (looking the Black Flamingo Context), every time the oscillator is in overbought or oversell zone consist in entry time of trade - When you are confident that the price is in trend (looking the Black Flamingo Context), you have to write a support/resistance line of the oscillator. A reversal signal is done when the support/resistance is breaked and a divergence is printed. The reversal signal can be confirmed by the Black Flamingo Overlay if there is some 3D Breaker targets. - When there is no visible support or resistance in the oscillator, it likely means that the price is in range. There is three parameters to configure the Black Flamingo Trend : - Trend period : That's the number of candle the oscillator is looking to display its value. Use a low period to catch short term entry price, and high period to add more safety on the entry prices. - Trend multi timeframe factor : That's a factor that decide if higher timeframe impact more the MTF than lower timeframes. Higher means the MTF will display more the higher timeframes - Trend multi timeframe level : that's the number of superior timeframe that will be summed up when computing the MTF --------------------- The Black Flamingo Context display on the chart the following components : - A short term trend analysis line (green) - A long term trend analysis line (white) - Two level of confidence to split range from uptrend and downtrend The trend analysis line is a new tool that aims to provide information on the current price trending status. Each line (long and short term) print the deviation from a perfect range of the price. If the value is over the confidence level (yellow zone), the price was considered as trending in short or long term. If the value is under the confidence level, the price was considered as ranging in short or long term. There is several ways to analyse these lines : - When the long term line is trending, if there is a cross-up of the short term line, it means that the trend is accelerating (in parabolic way) - When the short-term line cross down the long-term line, it means that the trend is exhausting. - If the two lines are in opposite zone (short term says up-trend and long term says sown-trend), it means that the market is ranging with volatility - if the short-term line is trending but the long-term line is ranging, it means that a potential counter-trade can be done (the short-term line will very likely return to range zone) There is one parameter to configure the Black Flamingo Context: - Context confidence level: That's the standard deviation level to consider if the price is in range or in trade. The standard value of 1.96 means 68% of chance that the price is ranging. 3.92 corresponds to 95% of change and 5.88 to 99.7%
Indicateur Pine Script®
par Rix_de_Turcan
1
SMMA Strategy [SMMA ULTIMATE]SMMA 21/50/200 + RSI — M5/M15 (Rule-marked entries & exits) Release Notes (EN) Version: 1.0 (Pine v6 — Indicator) Date: 14 Oct 2025 Type: Multi-TF overlay indicator with rule-based entry/exit markers and optional runtime alerts 🚀 Summary A disciplined multi-timeframe scanner for M5 and M15 that highlights rule-driven setups (R1…R4) around SMMA 21/50/200, RSI (buy > 52 / sell < 48), directional VWAP, volume, and ATR activity. It also simulates ATR-based TP/SL/Break-Even to provide immediate visual feedback and tags each trade idea with the origin rule. ✨ Highlights • Full MTF stack (M5 & M15) with dedicated series (price, volume, SMMA, ATR, VWAP, RSI) and lookahead_off to avoid repaint. • 4 modular entry rules (enable/disable independently): ◦ R1: Price crosses the max/min of SMMA(21/50/200) + RSI filter + market OK. ◦ R2: Touch of SMMA21 (pullback) + trend alignment + RSI + market OK. ◦ R3: Three candles impulse + engulfing reversal + RSI + market OK. ◦ R4: SMMA21/SMMA50 cross (structural momentum) + market OK. • Stackable filters (toggle): Trend (price vs SMMA200), Directional VWAP (price vs VWAP + slope), Volume (Vol > MA×k), ATR activity (ATR > MA(ATR,20)×k). • RSI thresholds: BUY if RSI > 52, SELL if RSI < 48 (per TF). • ATR exit simulation: SL = k×ATR, TP = k×ATR, Break-Even armed after ATR gain (return to entry → BE exit). • Clear rule tags: Entry/exit markers carry R1…R4 for immediate provenance. • Optional runtime alerts: Human-readable messages on entries and exits, per TF and rule. 🔧 Key Inputs General • Price source for display: chart candles / force regular / force Heikin Ashi. • Lengths: SMMA 21/50/200, RSI (14), ATR (14), Volume MA (20). • RSI thresholds: Buy > 52, Sell < 48. Filters (on/off) • Trend (price vs SMMA200). • Directional VWAP (price relative to VWAP and VWAP slope). • ATR activity gate. • Volume gate (Volume > MA×multiplier). Rules (on/off) • Enable R1/R2/R3/R4 individually. Exit simulation • Use ATR stops (SL/TP multipliers). • Break-Even (armed by ATR progress). Alerts • Enable runtime alerts to fire alert() at bar close. 🧠 Rule Logic (condensed) • R1 BUY/SELL: Cross of max/min(SMMA21,50,200) + RSI gate + all selected filters OK. • R2 BUY/SELL: Touch of SMMA21 + price aligned vs SMMA50/200 + RSI + filters OK. • R3 BUY/SELL: Three consecutive bars in one direction + engulfing opposite + RSI + filters OK. • R4 BUY/SELL: SMMA21/SMMA50 crossover + filters OK. Entry priority per TF: R1 > R4 > R2 > R3. 🔔 Runtime Alerts When enabled, the script emits close-of-bar alerts with TF and rule tag: • 🚀 M5/M15 ENTRY LONG (R#) • 🔻 M5/M15 ENTRY SHORT (R#) • ✅ M5/M15 EXIT TP (R#) • ❌ M5/M15 EXIT SL (R#) • 🟨 M5/M15 EXIT BE (R#) (You can still build custom UI alerts if you need additional combinations.) 🖼 Visuals • SMMA 21/50/200 and VWAP (green when price above, red below). • Plotshape per rule and exit type (TP/SL/BE) with R1…R4 tags on M5 and M15. • Optional Heikin Ashi for display (core MTF calculations remain consistent). 🔒 Robustness & No-Repaint Notes • All MTF request.security calls use lookahead_off. • Pattern logic (three bars, engulfing) is evaluated on bar close. • ATR/TP/SL/BE are indicator-level simulations using the chart’s H/L/Close (standard intrabar limitations). ⚠️ Limitations & Tips • This is an indicator, not a strategy: no orders are sent; exits are simulated for visualization. • Signals are generated on bar close. • MTF signals synchronize to the chart TF’s close, not intrabar ticks.
Indicateur Pine Script®
par abrahamicard
LA - MACD EMA BandsOverview of the "LA - MACD EMA Bands" Indicator For Better view, use this indicator along with "LA - EMA Bands with MTF Dashboard" The "LA - MACD EMA Bands" is a custom technical indicator written in Pine Script v6 for TradingView. It builds on the traditional Moving Average Convergence Divergence (MACD) oscillator by incorporating additional smoothing via Exponential Moving Averages (EMAs) and Bollinger Bands (BB) applied directly to the MACD line. This creates a multi-layered momentum and volatility tool displayed in a separate pane below the price chart (not overlaid on the price itself). The indicator allows for customization, such as selecting a different timeframe (for multi-timeframe analysis) and adjusting period lengths. It fetches data from the specified timeframe using request.security with lookahead enabled to avoid repainting issues. The core idea is to provide insights into momentum trends, crossovers, and volatility expansions/contractions in the MACD's behavior, making it suitable for identifying potential trend reversals, continuations, or ranging markets. Unlike a standard MACD, which focuses primarily on momentum via a single line, signal line, and histogram, this version emphasizes longer-term smoothing and volatility boundaries. It uses visual fills between lines to highlight bullish/bearish conditions, aiding quick interpretation. Below, I'll break down each component, its calculation, visual representation, and practical uses. Detailed Breakdown of Each Component and Its Uses MACD Line (Blue Line, Labeled 'MACD Line') Calculation: This is the core MACD value, computed as the difference between a fast EMA (default length 12) and a slow EMA (default length 144) of the input source (default: close price). The EMAs are calculated on data from the selected timeframe. Visuals: Plotted as a solid blue line. Uses: Measures momentum: When above zero, it indicates bullish momentum (prices rising faster in the short term); below zero, bearish momentum. Trend identification: Rising MACD suggests strengthening uptrends; falling suggests downtrends. Divergence spotting: Compare with price action—e.g., if price makes higher highs but MACD makes lower highs, it signals potential bearish reversal (and vice versa for bullish divergence). In trading: Often used for entry/exit signals when crossing the zero line or other lines in the indicator. MACD EMA (Red Line, Labeled 'MACD EMA') Calculation: A 12-period EMA applied to the MACD Line itself. Visuals: Plotted as a solid red line. Uses: Acts as a signal line for the MACD, smoothing out short-term noise. Crossover signals: When the MACD Line crosses above the MACD EMA, it can signal a bullish buy opportunity; crossing below suggests a bearish sell. Trend confirmation: Helps filter false signals in choppy markets by requiring confirmation from this slower-moving average. In trading: Useful for momentum-based strategies, like entering trades on crossovers in alignment with the overall trend. Fill Between MACD Line and MACD EMA (Green/Red Shaded Area, Titled 'MACD Fill') Calculation: The area between the MACD Line and MACD EMA is filled with color based on their relative positions. Color Logic: Green (with 57% transparency) if MACD Line > MACD EMA (bullish); red if MACD Line < MACD EMA (bearish). Visuals: Semi-transparent fill for easy visibility without overwhelming the lines. Uses: Quick visual cue for momentum shifts: Green areas highlight bullish phases; red for bearish. Enhances readability: Makes crossovers more apparent at a glance, especially in fast-moving markets. In trading: Can be used to time entries/exits or as a filter (e.g., only take long trades in green zones). Bollinger Bands on MACD (BB Upper: Black Dotted, BB Basis: Maroon Dotted, BB Lower: Black Dotted) Calculation: Bollinger Bands applied to the MACD Line. BB Basis: 144-period EMA of the MACD Line. BB Standard Deviation: 144-period stdev of the MACD Line. BB Upper: BB Basis + (2.0 * BB Stdev) BB Lower: BB Basis - (2.0 * BB Stdev) Visuals: Upper and lower bands as black dotted lines; basis as maroon dotted Uses: Volatility measurement: Bands expand during high momentum volatility (strong trends) and contract during low volatility (ranging or consolidation). Mean reversion: When MACD Line touches or exceeds the upper band, it may signal overbought conditions (potential sell); lower band for oversold (potential buy). Squeeze detection: Narrow bands (squeeze) often precede big moves—watch for breakouts. In trading: Combines momentum with volatility; e.g., a MACD Line breakout above the upper band could confirm a strong uptrend. BB Basis EMA (Green Line, Labeled 'BB Basis EMA') Calculation: A 72-period EMA applied to the BB Basis (which is already a 144-period EMA of the MACD Line). Visuals: Solid green line. Uses: Further smoothing: Provides a longer-term view of the MACD's average behavior, reducing noise from the BB Basis. Trend direction: Acts as a baseline for the BB system—above it suggests bullish bias in momentum volatility; below, bearish. Crossover with BB Basis: Can signal shifts in volatility trends (e.g., BB Basis crossing above BB Basis EMA indicates increasing bullish volatility). In trading: Useful for confirming longer-term trends or as a filter for BB-based signals. Fill Between BB Basis and BB Basis EMA (Gray Shaded Area, Titled 'BB Basis Fill') Calculation: The area between BB Basis and BB Basis EMA is filled. Color Logic: Currently set to a constant semi-transparent gray regardless of position. Visuals: Semi-transparent gray fill. Uses: Highlights divergence: Shows when the shorter-term BB Basis deviates from its longer-term EMA, indicating potential volatility shifts. Visual aid for crossovers: Makes it easier to spot when BB Basis crosses its EMA. In trading: Could be used to identify overextensions in volatility (e.g., wide gray areas might signal impending mean reversion). Zero Line (Black Horizontal Line) Calculation: A simple horizontal line at y=0. Visuals: Solid black line. Uses: Reference point: Divides bullish (above) from bearish (below) territory for all MACD-related lines. In trading: Crossovers of the zero line by the MACD Line or BB Basis can signal major trend changes. How It Differs from a Normal MACD A standard MACD (e.g., the built-in TradingView MACD with defaults 12/26/9) consists of: MACD Line: EMA(12) - EMA(26). Signal Line: EMA(MACD Line, 9). Histogram: MACD Line - Signal Line (bars showing convergence/divergence). Key differences in "LA - MACD EMA Bands": Periods: Uses a much longer slow EMA (144 vs. 26), making it more sensitive to long-term trends but less reactive to short-term price action. The MACD EMA is 12 periods (vs. 9), further emphasizing smoothing. No Histogram: Replaces the histogram with fills and bands for visual emphasis on crossovers and volatility. Added Bollinger Bands: Applies BB directly to the MACD Line (with a long 144-period basis), introducing volatility analysis absent in standard MACD. This helps detect "squeezes" or expansions in momentum. Additional EMA Layer: The BB Basis EMA (72-period) adds a secondary smoothing level to the BB system, providing a hierarchical view of momentum (short-term MACD → mid-term BB → long-term EMA). Multi-Timeframe Support: Built-in option for higher timeframes, unlike basic MACD. Focus: Standard MACD is purely momentum-focused; this version integrates volatility (via BB) and multi-layer smoothing, making it better for trend-following in volatile markets but potentially overwhelming for beginners. Overall, this indicator transforms the MACD from a simple oscillator into a comprehensive momentum-volatility hybrid, reducing false signals in trending markets but introducing lag. Overall Pros and Cons Pros: Enhanced Visualization: Fills and bands make trends, crossovers, and volatility easier to spot without needing multiple indicators. Reduced Noise: Longer periods (144, 72) smooth out whipsaws, ideal for swing or position trading in trending assets like stocks or forex. Volatility Integration: BB adds a dimension not in standard MACD, helping identify breakouts or consolidations. Customizable: Inputs for timeframes and lengths allow adaptation to different assets/timeframes. Multi-Layered Insights: Combines short-term signals (MACD crossovers) with long-term confirmation (BB EMA), improving signal reliability. Cons: Lagging Nature: Long periods (e.g., 144) delay signals, missing early entries in fast markets or leading to late exits. Complexity: Multiple lines and fills can clutter the pane, requiring experience to interpret; beginners might misread it. Potential Overfitting: Custom periods (12/144/12/144/72) may work well on historical data but underperform in live trading without backtesting. No Built-in Alerts/Signals: Relies on visual interpretation; users must manually set alerts for crossovers. Resource Intensive: On lower timeframes or with lookahead, it might slow chart loading on Trading View. This indicator shines in strategies combining momentum and volatility, like trend-following with BB squeezes, but test it on your assets (e.g., via backtesting) to ensure it fits your style. For Better view, use this indicator along with "LA - EMA Bands with MTF Dashboard"
Indicateur Pine Script®
par aravindleo_99
Elite Entries Custom Pullback Signals PremiumElite Entries Custom Pullback Signals Premium Turn simple MA crosses into qualified pullbacks—with risk and retest logic baked in. What it is A pro toolkit for trend trading and re-entries. It fuses fast/slow moving averages (SMA/EMA/HMA/WMA/HEMA/T3), MTF control per MA, volume gating, and an ATR trailing-stop engine that can gate new entries until the prior trade is closed. Visual boxes mark crossover zones, triangles tag retests aligned with your stop, and a compact HUD shows your active preset and risk settings. Why traders love it Smart pullback engine: crossover zones + retest signals at your live ATR stop True MTF control: set separate timeframes for fast/slow MAs External indicator routing: optionally feed Fast/Slow from any other plotted source Risk first: ATR TSL (wick or close), optional “Gate while active” to block new signals mid-trade Clean read: gradient trend fill, adaptive bar colors, compact preset HUD Instant workflow: full alert suite for entries, retests, and stop hits What’s inside Presets: NQ Open Drive, NQ Trend Rider, Mean-Rev Scalps, Crypto Breakout, ES Smooth Trend, Retest Sniper, 1-Min Swing, Chop-Guard Re-Entry. Each preset auto-loads MA types/lengths, HTFs, ATR stop, volume gates, and gating behavior. MA Options: SMA / EMA / HMA / WMA / HEMA / T3 (with v-factor). MTF: Select a custom timeframe for Fast and Slow independently. External Inputs: Replace Fast/Slow with external indicator sources (great for using your HTF baseline, custom VWAP, etc.). Volume Filter: Require volume Above/Below SMA(length). ATR Trailing Stop: Length & multiplier, Wicks vs Close trigger, show line/labels, and Gate While Active to prevent over-trading. Visuals: Boxes print at crossover origin (context for the pullback zone) Retest triangles when price re-engages near the live TSL Stop-hit markers, gradient trend fill, bar coloring HUD table: preset, MA specs, ATR, wicks, gate, volume status Alerts: Bullish/Bearish crossover, Bullish/Bearish retest @ stop, Long/Short stop hit. How to use (quick start) Pick a Preset (start with NQ Open Drive or ES Smooth Trend). (Optional) Route Fast/Slow from your favorite external indicator plots. Choose MTF for each MA if you want HTF guidance. Decide on Volume filter and set ATR TSL (Wicks vs Close). Keep Gate While Active ON to stop double-stacking signals mid-trade. Turn on alerts and trade the retests back into the trend. Best-use ideas Open drive trend: EMA(9) vs T3(34@5m), gate while active, wicks off → fast trend entries + clean stop management. Retest sniper: HEMA(13) vs EMA(34@3m), volume Above(20), gate ON → wait for retest triangle aligned with TSL. Mean-rev scalps: HMA(8) vs EMA(20), gate OFF, close-trigger → nimble entries without staying locked. Works on Any symbol, any timeframe (futures, indices, crypto, FX, stocks). Pairs especially well with Heikin Ashi for visual clarity. Disclaimer For education only; not financial advice. Practice and forward-test before going live.
Indicateur Pine Script®
par MooreMuzik
ORB + Lq-💰-Enhanced-R6 [J-Algo]# ORB-Enhanced-R6 with Key Liquidity ## 🎯 **Professional Opening Range Breakout + Institutional Liquidity Analysis** Transform your trading with this comprehensive indicator that combines **Opening Range Breakouts** with **Key Liquidity Levels** - bridging the gap between retail and institutional trading concepts. --- ## 🚀 **Key Features** ### **📊 Opening Range Breakout (ORB)** - **Customizable time periods** - 15min default, or set custom session times - **Dynamic fill colors** - Session comparison or breakout direction - **Professional labeling** - Clear ORH/ORL markers with tooltips - **Historical data toggle** - Clean charts or full history view ### **🌍 Multi-Session Analysis** - **Tokyo, London, New York, Sydney** sessions with individual colors - **Session high/low tracking** - Identify key intraday levels - **Timezone flexibility** - Supports all major trading timezones - **Clean visual separation** - Each session clearly distinguished ### **💧 Dual-Timeframe Key Liquidity** - **HTF Liquidity (4H default)** - Major institutional levels where big money sits - **LTF Liquidity (1H default)** - Precision entry levels for optimal timing - **Smart mitigation** - Levels disappear when broken (optional: keep visible) - **Timeframe labels** - Clear "4H", "1H" identification at line ends ### **📈 Advanced Confirmation Tools** - **EMA Integration** - Trend bias with customizable length - **Multi-Timeframe Analysis** - Higher timeframe trend confirmation - **Volume Spike Detection** - Identify high-conviction moves - **Smart Alerts** - Quality-scored breakouts (High Quality vs Standard) --- ## 🎨 **Visual Excellence** ### **Professional Design** - **Color-coded sessions** - Easy visual distinction - **Consistent labeling** - ORB style text for all levels - **Flexible extensions** - Short, Current, or Max line extensions - **Clean interface** - Show/hide any component ### **Customization Options** - **Individual session colors** - Personalize your chart appearance - **Line thickness control** - Adjust visual prominence - **Text size options** - Tiny to Huge sizing - **Transparency settings** - Perfect visual balance --- ## ⚡ **Smart Alert System** ### **Quality-Scored Breakouts** - **HIGH QUALITY** alerts when volume + MTF bias confirm - **STANDARD** alerts for regular breakouts - **Detailed information** - Price levels, volume strength, MTF bias - **Once-per-bar frequency** - No spam, only actionable signals --- ## 🎯 **Trading Applications** ### **Scalping Strategy** 1. **LTF liquidity sweep** + **ORB breakout** = Precision entry 2. **Volume confirmation** = High-conviction trade 3. **Session awareness** = Optimal timing ### **Swing Trading** 1. **HTF liquidity levels** = Major support/resistance 2. **ORB direction** + **MTF bias** = Trend confirmation 3. **Session breaks** = Momentum continuation ### **Institutional Approach** 1. **HTF liquidity** = Where institutions position 2. **LTF liquidity** = Where retail stops cluster 3. **ORB + Liquidity confluence** = Highest probability setups --- ## ⚙️ **Configuration Guide** ### **Quick Setup** 1. **Enable Key Liquidity** - Turn on HTF (4H) for major levels 2. **Optional LTF** - Add 1H levels for precision (can be toggled off) 3. **Session Selection** - Choose relevant trading sessions 4. **ORB Timeframe** - Default 15min or customize ### **Advanced Setup** - **MTF Analysis** - Enable for trend bias confirmation - **Volume Analysis** - Add conviction to breakouts - **Alert Configuration** - Set up quality-scored notifications - **Visual Customization** - Colors, thickness, extensions --- ## 📊 **Best Timeframes** ### **Recommended Usage** - **Chart Timeframe**: 5min - 15min - **HTF Liquidity**: 4H - 1D - **LTF Liquidity**: 1H - 4H - **ORB Period**: 15min - 1H --- ## 🛠️ **Technical Excellence** - **Pine Script v6** - Latest TradingView technology - **Optimized Performance** - Efficient array management - **Error Handling** - Robust code prevents crashes - **Memory Management** - Display limits prevent overload --- ## 💡 **Why This Indicator?** ### **Combines Best of Both Worlds** - **Retail Strategy** - ORB breakouts for clear signals - **Institutional Context** - Liquidity levels for market structure - **Professional Execution** - Clean, reliable, customizable ### **Complete Trading Solution** - **Entry Signals** - ORB breakouts with confluence - **Context Levels** - Key liquidity for S/R - **Risk Management** - Clear invalidation levels - **Timing Tools** - Session and volume awareness --- ## 🎖️ **Perfect For** ✅ **Forex Traders** - Session-based with liquidity context ✅ **Crypto Traders** - 24/7 ORB with institutional levels ✅ **Scalpers** - Precision entries with LTF liquidity ✅ **Swing Traders** - HTF context with ORB momentum ✅ **Professional Traders** - Institutional-grade analysis --- ## 🔥 **Get Started** Add this indicator to your chart and experience the power of combining **Opening Range Breakouts** with **Key Liquidity Analysis**. Transform your trading from guesswork to precision with institutional-level market structure awareness. **Happy Trading! 📈** --- ## 📝 **Disclaimer** This indicator is for educational and informational purposes only. Past performance does not guarantee future results. Always use proper risk management and never risk more than you can afford to lose.
Indicateur Pine Script®
par Fx-Jithin
Market Sentiment OscillatorMarket Sentiment Oscillator Overview The Market Sentiment Oscillator is a Pine Script v6 indicator for TradingView that assesses market context with a composite oscillator. It blends MACD, RSI, and Volume Price Trend (VPT) into a normalized score, with optional multi-timeframe (MTF) averaging and optional trail lines to visualize recent extremes. Weighting and normalization are used to keep the scale consistent across symbols and timeframes. A compact status table summarizes sentiment, trend, and turning-point markers. How It Works • Composite score: finalScore = 0.4 · MACD_hist + 0.4 · ((RSI − 50)/50) + 0.2 · VPT_norm. MACD/RSI emphasize momentum; VPT_norm (z-score of a cumulative VPT) adds volume context. • MTF (optional): The same score is computed on a higher timeframe (default: 1H) and averaged with the chart-TF score for broader context. MTF requests use lookahead_off. • Neutral buffer: Readings within ±0.2 (default) are treated as neutral to reduce noise. • Markers: Early turning points are labeled Hypothetical; labels switch to Verified after a fixed bar count. • Trails (visual only): Lines connect recent extreme highs/lows of the oscillator, with optional dashed previews and short forward extensions for illustration. Key Features • Composite Sentiment Score: Structured blend of MACD, RSI, and normalized VPT. • Multi-Timeframe Context : Optional averaging with a higher timeframe score. • Visual Trails: Extreme-to-extreme lines and optional previews for context (charting aid). • Adaptive Coloring: Gradient or solid coloring based on direction and magnitude. • Turning-Point Markers: Hypothetical and Verified labels for tops/bottoms. • Status Table: Summarizes sentiment state, trend, and recent turning-point info. • Customizable: MACD/RSI/VPT inputs, neutral zone, colors, visibility. What It Displays A composite, normalized view of momentum and volume context, with optional higher-timeframe blending and visual trails to help interpret shifts between bearish, neutral, and bullish conditions. Originality Original Pine v6 implementation using TradingView built-ins: ta.macd, ta.rsi, ta.cum, ta.sma, ta.stdev, ta.pivothigh, ta.pivotlow, and request.security. Common Uses • Reviewing momentum context alongside volume influence. • Illustrating shifts between bearish/neutral/bullish conditions. • Adding higher-timeframe context to a lower-timeframe view. Configuration Notes Set MACD (default 12/26/9), RSI (default 14), and VPT options. Choose a higher timeframe (default 1H) if using MTF. Adjust the neutral zone (default ±0.2), coloring mode, and visibility of trails and table. Repainting & Limitations • MTF: Uses lookahead_off to avoid higher-timeframe repainting. • Pivots/labels: Turning-point pivots are verified only after the required right bars close; “Hypothetical” labels are early and may update intra-bar. • Trails/previews: Visual aids only; previews and short forward extensions can update while a bar is forming. Legal Disclaimer This indicator is for informational and educational purposes only—not investment, financial, or trading advice. Past performance does not guarantee future results; trading involves risk of loss. Provided “as is” without warranties. Consult a qualified professional before making decisions.
Indicateur Pine Script®
par TradingScriptSolutions
MFx Radar (Money Flow x-Radar)Description: MFx Radar is a precision-built multi-timeframe analysis tool designed to identify high-probability trend shifts and accumulation/distribution events using a combination of WaveTrend dynamics, normalized money flow, RSI, BBWP, and OBV-based trend biasing. Multi-Timeframe Trend Scanner Analyze trend direction across 5 customizable timeframes using WaveTrend logic to produce a clear trend consensus. Smart Money Flow Detection Adaptive hybrid money flow combines CMF and MFI, normalized across lookback periods, to pinpoint shifts in accumulation or distribution with high sensitivity. Event-Based Labels & Alerts Minimalist "Accum" and "Distr" text labels appear at key inflection points, based on hybrid flow flips — designed to highlight smart money moves without clutter. Trigger & Pattern Recognition Built-in logic detects anchor points, trigger confirmations, and rare "Snake Eye" formations directly on WaveTrend, enhancing trade timing accuracy. Visual Dashboard Table A real-time table provides score-based insight into signal quality, trend direction, and volume behavior, giving you a full picture at a glance. MFx Radar helps streamline discretionary and system-based trading decisions by surfacing key confluences across price, volume, and momentum all while staying out of your way visually. How to Use MFx Radar MFx Radar is a multi-timeframe market intelligence tool designed to help you spot trend direction, momentum shifts, volume strength, and high-probability trade setups using confluence across price, flow, and timeframes. Where to find settings To see the full visual setup: After adding the script, open the Settings gear. Go to the Inputs tab and enable: Show Trigger Diamonds Show WT Cross Circles Show Anchor/Trigger/Snake Eye Labels Show Table Show OBV Divergence Show Multi-TF Confluence Show Signal Score Then, go to the Style tab to adjust colors and fills for the wave plots and hybrid money flow. (Use published chart as a reference.) What the Waves and Colors Mean Blue WaveTrend (WT1 / WT2). These are the main momentum waves. WT1 > WT2 = bullish momentum WT1 < WT2 = bearish momentum Above zero = bullish bias Below zero = bearish bias When WT1 crosses above WT2, it often marks the beginning of a move — these are shown as green trigger diamonds. VWAP-MACD Line The yellow fill helps spot volume-based momentum. Rising = trend acceleration Use together with BBWP (bollinger band width percentile) and hybrid money flow for confirmation. Hybrid Money Flow Combines CMF and MFI, normalized and smoothed. Green = accumulation Red = distribution Transitions are key — especially when price moves up, but money flow stays red (a divergence warning). This is useful for spotting fakeouts or confirming smart money shifts. Orange Vertical Highlights Shows when price is rising, but money flow is still red. Often a sign of hidden distribution or "exit pump" behavior. Table Dashboard (Bottom-Right) BBWP (Volatility Pulse) When BBWP is low (<20), it signals consolidation — a breakout is likely to follow. Use this with ADX and WaveTrend position to anticipate directional breakouts. Trend by ADX Shows whether the market is trending and in which direction. Combined with money flow and RSI, this gives strong confirmation on breakouts. OBV HTF Bias Gives higher timeframe pressure (bullish/bearish/neutral). Helps avoid taking counter-trend trades. Pattern Labels (WT-Based) A = Anchor Wave — WT hitting oversold T = Trigger Wave — WT turning back up after anchor 👀 = Snake Eyes — Rare pattern, usually signaling strong reversal potential These help in timing entries, especially when they align with other signals like BBWP breakouts, confluence, or smart money flow flips. Multi-Timeframe (MTF) Consensus The system checks WaveTrend on 5 different timeframes and gives: Color-coded signals on each TF A final score: “Mostly Up,” “Mostly Down,” or “Mixed” When MTFs align with wave crosses, BBWP expansion, and hybrid money flow shifts, the probability of sustained move is higher. Divergence Spotting (Advanced Tip) Watch for:Price rising while money flow is red → Possible trap / early exit Price dropping while money flow is green → Early accumulation Combine this with anchor-trigger patterns and MTF trend support for spotting bottoms or tops early. Final Tips Use WT trigger crosses as initial signal. Confirm with money flow direction + color flip Look at BBWP for breakout timing. Use table as your decision dashboard Favor trades that align with MTF consensus
Indicateur Pine Script®
par renderingnature1
1
X VIBVolume Imbalance Zones X VIB highlights price-levels where buying or selling pressure overwhelmed the opposing side within a single bar transition, leaving a void that the market often revisits. The script paints those voids as boxes so you can quickly see where liquidity may rest, where price may pause or react, and which imbalances persist across sessions. What it plots For each completed calculation bar (your chart’s timeframe or a higher timeframe you choose), the indicator draws a box that spans the prior bar’s close to the current bar’s open—only when that bar-to-bar transition exhibits a valid volume imbalance (VIB) by the selected rules. Boxes are time-anchored from the previous bar’s time to the current bar’s time close, and they are capped to a configurable count so the chart remains readable. Two ways to define “Volume Imbalance” X VIB calculates imbalances in two complementary ways. Both techniques isolate bar-to-bar displacement that reflects one-sided pressure, but they differ in strictness and how much confirmation they require. Continuity VIB (Bar-to-Bar Displacement) A strict definition that requires aligned progress and overlap between consecutive bars. In practical terms, a bullish continuity VIB demands that the new bar advances beyond the prior bar’s close, opens above it, and maintains upward progress without erasing the displacement; the bearish case mirrors this to the downside. Use when: you want the cleanest, most structurally reliable voids that reflect decisive initiative flow. Effect on boxes: typically fewer, higher-quality zones that mark locations of strong one-sided intent. Gap-Qualified VIB (Displacement with Gap Confirmation) A confirmatory definition that treats the bar-to-bar displacement as an imbalance only if the transition also observes a protective “gap-like” relationship with surrounding prices. This extra condition filters out many borderline transitions and emphasizes voids that were less likely to be traded through on their formation. Use when: you want additional confirmation that the void had genuine follow-through pressure at birth. Effect on boxes: often slightly fewer but “stickier” zones that can attract price on retests. Both modes are drawn identically on the chart (as boxes spanning the displacement). Their difference is purely in the qualification of what counts as a VIB. You can display either set independently or together to compare how each mode surfaces structure. Multi-Timeframe (MTF) logic You can compute imbalances on a higher timeframe (e.g., 15-minute) while viewing a lower timeframe chart. When MTF is active, X VIB: Samples open, high, low, close, time, and time_close from the selected HTF in a single, synchronized request (no gaps, no lookahead). Only evaluates and draws boxes once per HTF bar close, ensuring clean, stable zones that don’t repaint intra-bar. How traders use these zones Reversion into voids: Price often returns to “fill” part of a void before deciding on continuation or reversal. Context for entries/exits: VIB boxes provide precise, mechanically derived levels for limit entries, scale-outs, and invalidation points. Confluence: Combine with session opens, HTF levels, or volatility bands to grade setups. Continuity VIBs can mark impulse anchors; Gap-Qualified VIBs often mark stickier pockets. Inputs & controls Calculate on higher timeframe? Toggle MTF computation; choose your Calc timeframe (e.g., 15). Show VIBs: Master toggle for drawing imbalance boxes. Color & Opacity: Pick the box fill and border intensity that suits your theme. # Instances: Cap how many historical boxes remain on the chart to avoid clutter. Notes & best practices Signal density: Continuity VIBs tend to be more frequent on fast charts; Gap-Qualified VIBs are more selective. Try both and keep what aligns with your trade plan. MTF discipline: When using a higher calc timeframe, analyze reactions primarily at that timeframe’s pace to avoid over-fitting to noise. Lifecycle awareness: Not all voids fill. Track which boxes persist; durable voids often define the map of the session.
Indicateur Pine Script®
par KinetiCapital
2
Trend Pro V2 [CRYPTIK1]Introduction: What is Trend Pro V2? Welcome to Trend Pro V2! This analysis tool give you at-a-glance understanding of the market's direction. In a noisy market, the single most important factor is the dominant trend. Trend Pro V2 filters out this noise by focusing on one core principle: trading with the primary momentum. Instead of cluttering your chart with confusing signals, this indicator provides a clean, visual representation of the trend, helping you make more confident and informed trading decisions. The dashboard provides a simple, color-coded view of the trend across multiple timeframes. The Core Concept: The Power of Confluence The strength of any trading decision comes from confluence—when multiple factors align. Trend Pro V2 is built on this idea. It uses a long-term moving average (200-period EMA by default) to define the primary trend on your current chart and then pulls in data from three higher timeframes to confirm whether the broader market agrees. When your current timeframe and the higher timeframes are all aligned, you have a state of "confluence," which represents a higher-probability environment for trend-following trades. Key Features 1. The Dynamic Trend MA: The main moving average on your chart acts as your primary guide. Its color dynamically changes to give you an instant read on the market. Teal MA: The price is in a confirmed uptrend (trading above the MA). Pink MA: The price is in a confirmed downtrend (trading below the MA). The moving average changes color to instantly show you if the trend is bullish (teal) or bearish (pink). 2. The Multi-Timeframe (MTF) Trend Dashboard: Located discreetly in the bottom-right corner, this dashboard is your window into the broader market sentiment. It shows you the trend status on three customizable higher timeframes. Teal Box: The trend is UP on that timeframe. Pink Box: The trend is DOWN on that timeframe. Gray Box: The price is neutral or at the MA on that timeframe. How to Use Trend Pro V2: A Simple Framework Step 1: Identify the Primary Trend Look at the color of the MA on your chart. This is your starting point. If it's teal, you should generally be looking for long opportunities. If it's pink, you should be looking for short opportunities. Step 2: Check for Confluence Glance at the MTF Trend Dashboard. Strong Confluence (High-Probability): If your main chart shows an uptrend (Teal MA) and the dashboard shows all teal boxes, the market is in a strong, unified uptrend. This is a high-probability environment to be a buyer on dips. Weak or No Confluence (Caution Zone): If your main chart shows an uptrend, but the dashboard shows pink or gray boxes, it signals disagreement among the timeframes. This is a sign of market indecision and a lower-probability environment. It's often best to wait for alignment. Here, the daily trend is down, but the MTF dashboard shows the weekly trend is still up—a classic sign of weak confluence and a reason for caution. Best Practices & Settings Timeframe Synergy: For best results, use Trend Pro on a lower timeframe and set your dashboard to higher timeframes. For example, if you trade on the 1-hour chart, set your MTF dashboard to the 4-hour, 1-day, and 1-week. Use as a Confirmation Tool: Trend Pro V2 is designed as a foundational layer for your analysis. First, confirm the trend, then use your preferred entry method (e.g., support/resistance, chart patterns) to time your trade. This is a tool for the community, so feel free to explore the open-source code, adapt it, and build upon it. Happy trading! For your consideration @TradingView
Indicateur Pine Script®
par CRYPTIK1
ADVANCED EMA RIBBON SUITE PRO [Multi-Timeframe + Alerts + Dash]🎯 ADVANCED EMA RIBBON SUITE PRO 📊 DESCRIPTION: The most comprehensive EMA Ribbon indicator on TradingView, featuring 14 customizable EMAs (5-200), multi-timeframe analysis, gradient ribbon visualization, smart alerts, and a real-time dashboard. Perfect for trend following, scalping, and swing trading. 🔥 KEY FEATURES: • 14 EMAs with Fibonacci sequence option (5, 8, 13, 21, 34, 55, 89, 144, 200) • Multi-Timeframe (MTF) analysis - see higher timeframe trends • Dynamic gradient ribbon with trend-based coloring • Golden Cross & Death Cross detection with alerts • Professional themes (Dark/Light) with 6 visual styles • Real-time information dashboard • Customizable transparency and colors • Trend strength visualization • Price position analysis • Smart alert system for all major crossovers 📈 USE CASES: • Trend Identification: Ribbon expansion/contraction shows trend strength • Entry/Exit Signals: EMA crossovers provide clear trade signals • Support/Resistance: EMAs act as dynamic S/R levels • Multi-Timeframe Confluence: Combine timeframes for higher probability trades • Scalping: Use faster EMAs (5-20) for quick trades • Swing Trading: Focus on 50/200 EMAs for position trades 🎯 TRADING STRATEGIES: 1. Ribbon Squeeze: Trade breakouts when ribbon contracts 2. Golden/Death Cross: Major trend reversals at 50/200 crosses 3. Price Above/Below: Long when price above most EMAs, short when below 4. MTF Confluence: Trade when multiple timeframes align 5. Dynamic S/R: Use EMAs as trailing stop levels ⚡ OPTIMAL SETTINGS: • Scalping: 5, 8, 13, 21 EMAs on 1-5 min charts • Day Trading: Full ribbon on 15-60 min charts • Swing Trading: Focus on 50, 100, 200 EMAs on daily charts • Position Trading: Use weekly timeframe with monthly MTF 📌 KEYWORDS: EMA, Exponential Moving Average, Ribbon, Multi-Timeframe, MTF, Golden Cross, Death Cross, Trend Following, Scalping, Swing Trading, Dashboard, Alerts, Support Resistance, Fibonacci, Professional, Advanced, Suite, Indicator *Created using PineCraft AI (Link in Bio)
Indicateur Pine Script®
par PineProfits
Multi Timeframe Fair Value Gap Indicator ProMulti Timeframe Fair Value Gap Indicator Pro | MTF FVG Imbalance Zones | Institutional Supply Demand Levels 🎯 The Most Comprehensive Multi-Timeframe Fair Value Gap (FVG) Indicator on TradingView Transform Your Trading with Institutional-Grade Multi-Timeframe FVG Analysis Keywords: Multi Timeframe Indicator, MTF FVG, Fair Value Gap, Imbalance Zones, Supply and Demand, Institutional Trading, Order Flow Imbalance, Price Inefficiency, Smart Money Concepts, ICT Concepts, Volume Imbalance, Liquidity Voids, Multi Timeframe Analysis 📊 WHAT IS THIS INDICATOR? The Multi Timeframe Fair Value Gap Indicator Pro is the most advanced FVG detection system on TradingView, designed to identify high-probability institutional supply and demand zones across multiple timeframes simultaneously. This professional-grade tool automatically detects Fair Value Gaps (FVGs), also known as imbalance zones, liquidity voids, or inefficiency gaps - the exact areas where institutional traders enter and exit positions. 🔍 What Are Fair Value Gaps (FVGs)? Fair Value Gaps are three-candle price formations that create imbalances in the market structure. These gaps represent areas where buying or selling was so aggressive that price moved too quickly, leaving behind an inefficient zone that price often returns to "fill" or "mitigate." Professional traders use these zones as high-probability entry points. Bullish FVG: When the low of candle 3 is higher than the high of candle 1 Bearish FVG: When the high of candle 3 is lower than the low of candle 1 ⚡ KEY FEATURES 📈 Multi-Timeframe Analysis (MTF) - 12 Timeframes Simultaneously: 1m, 3m, 5m, 15m, 30m, 45m, 1H, 2H, 3H, 4H, Daily, Weekly - Real-Time Detection: Instantly identifies FVGs as they form across all selected timeframes - Customizable Timeframe Selection: Choose which timeframes to display based on your trading style - Higher Timeframe Confluence: See when multiple timeframes align for stronger signals 🎨 Three Professional Visual Themes 1. Dark Intergalactic: Futuristic neon colors with high contrast for dark mode traders 2. Light Minimal: Clean, professional appearance for traditional charting 3. Pro Modern: Low-saturation colors for extended screen time comfort 📊 Advanced FVG Dashboard - Live FVG Counter: Real-time count of active bullish and bearish gaps - Total Zone Tracking: Monitor all active imbalance zones at a glance - Theme-Adaptive Display: Dashboard automatically adjusts to your selected visual theme - Strategic Positioning: Optimally placed to not interfere with price action 🔧 Smart Zone Management - Dynamic Zone Updates: FVG boxes automatically adjust when price touches them - Mitigation Detection: Visual feedback when zones are tested or filled - Color-Coded Status: Instantly see untested vs tested zones - Extended Projection: Option to extend boxes to the right for future reference - Timeframe Labels: Optional labels showing which timeframe each FVG originated from 💡 Intelligent Features - Automatic Zone Cleanup: Removes fully mitigated FVGs to keep charts clean - Touch-Based Level Adjustment: Zones adapt to partial fills - Maximum Box Management: Optimized to handle 500 simultaneous FVG zones - Performance Optimized: Efficient code ensures smooth operation even with multiple timeframes 🎯 TRADING APPLICATIONS Day Trading & Scalping - Use 1m, 3m, 5m FVGs for quick scalp entries - Combine with higher timeframe FVGs for directional bias - Perfect for futures (ES, NQ, MNQ), forex, and crypto scalping Swing Trading - Focus on 1H, 4H, and Daily FVGs for swing positions - Identify major support/resistance zones - Plan entries at untested higher timeframe gaps Position Trading - Utilize Daily and Weekly FVGs for long-term positions - Identify institutional accumulation/distribution zones - Major reversal points at significant imbalance areas Multi-Timeframe Confluence Trading - Stack multiple timeframe FVGs for high-probability zones - Confirm entries when lower and higher timeframe FVGs align - Professional edge through timeframe confluence 📚 HOW TO USE THIS INDICATOR Step 1: Add to Your Chart Click "Add to Favorites" and apply to any trading instrument - works on all markets including stocks, forex, crypto, futures, and indices. Step 2: Configure Your Timeframes In settings, select which timeframes you want to monitor. Day traders might focus on 1m-15m, while swing traders might use 1H-Weekly. Step 3: Choose Your Visual Theme Select from three professional themes based on your preference and trading environment. Step 4: Identify Trading Opportunities For Long Entries: - Look for Bullish FVGs (green/cyan zones) - Wait for price to return to untested zones - Enter when price shows rejection from the FVG zone - Higher timeframe FVGs provide stronger support For Short Entries: - Look for Bearish FVGs (red/pink zones) - Wait for price to return to untested zones - Enter when price shows rejection from the FVG zone - Higher timeframe FVGs provide stronger resistance Step 5: Manage Risk - Place stops beyond the FVG zone - Use partially filled FVGs as trailing stop levels - Exit when opposite FVGs form (reversal signal) 🏆 WHY THIS IS THE BEST MTF FVG INDICATOR ✅ Most Comprehensive - More timeframes than any other FVG indicator - Advanced features not found elsewhere - Professional-grade visual presentation ✅ Institutional-Grade - Based on smart money concepts (SMC) - ICT (Inner Circle Trader) methodology compatible - Used by professional prop traders ✅ User-Friendly - Clean, intuitive interface - Detailed tooltips and descriptions - Works out-of-the-box with optimal defaults ✅ Continuously Updated - Regular improvements and optimizations - Community feedback incorporated - Professional development by PineProfits 🔥 PERFECT FOR - Scalpers seeking quick FVG fills - Day Traders using multi-timeframe analysis - Swing Traders identifying major zones - ICT/SMC Traders following smart money - Prop Firm Traders needing reliable setups - Algorithmic Traders building systematic strategies - Technical Analysts studying market structure - All Experience Levels from beginners to professionals 💎 ADVANCED TIPS 1. Confluence is Key: The strongest signals occur when multiple timeframe FVGs align at the same price level 2. Fresh vs Tested: Untested FVGs (original color) are stronger than tested ones (gray/muted color) 3. Time of Day: FVGs formed during high-volume sessions (London/NY) are more reliable 4. Trend Alignment: Trade FVGs in the direction of the higher timeframe trend for best results 5. Volume Confirmation: Combine with volume indicators for enhanced reliability 📈 INDICATOR SETTINGS Visual Settings - Visual Theme: Choose between Dark Intergalactic, Light Minimal, or Pro Modern - Show Branding: Toggle PineProfits branding on/off General Settings - Move box levels with price touch: Dynamically adjust FVG zones - Change box color with price touch: Visual feedback for tested zones - Extend boxes to the right: Project zones into the future - Plot Timeframe Label: Show origin timeframe on each FVG - Show FVG Dashboard: Toggle the summary dashboard Timeframe Selection Select any combination of 12 available timeframes (1m to Weekly) 🚀 GET STARTED NOW 1. Click "Add to Favorites" to save this indicator 2. Apply to your chart - works on any instrument 3. Join thousands of traders already using this professional tool 4. Follow PineProfits for more institutional-grade indicators ⚖️ DISCLAIMER This indicator is for educational and informational purposes only. It should not be considered financial advice. Always do your own research and practice proper risk management. Past performance does not guarantee future results. Trade responsibly. © PineProfits - Professional Trading Tools for Modern Markets If you find this indicator valuable, please leave a like and comment. Your support helps me create more professional-grade tools for the TradingView community!
Indicateur Pine Script®
par PineProfits
Nexus v10Nexus v10 - Confluence-Driven Trading Indicator The Nexus v10 is a sleek, modern, and versatile trading indicator that delivers precise buy and sell signals by synthesizing a confluence of technical factors, including Heikin Ashi candles, RSI, ADX, and EMA crossovers. The name "Nexus" captures its core strength—connecting and synthesizing multiple signals into a cohesive trading decision point. The term evokes a central hub or convergence, reflecting the script’s confluence-based approach, dynamic adaptability, and real-time precision for scalping. Designed for traders seeking clarity and efficiency, it’s a powerful tool for navigating dynamic markets. Key Features: Confluence-Based Signals: Combines weighted signals from Heikin Ashi, RSI, ADX, and EMA crossovers to generate high-probability buy/sell signals. Neutral Status Logic: Limits consecutive signals to two per direction, requiring a "Neutral" status before the second signal to ensure disciplined trading. Clean Visualization: Displays only the two most recent buy/sell signals, keeping the chart uncluttered and focused on current opportunities. Dynamic Adaptability: Offers customizable RSI thresholds, EMA lengths, MTF settings, and dynamic overbought/oversold levels to fit any market or style. Candle Coloring & Inside Bars: Highlights overbought/oversold conditions and inside bars with customizable colors for enhanced context. Real-Time Debug Table: Provides live insights into signal status, RSI, MTF trends, and ADX for informed decision-making. How It Works: Nexus v10 integrates multiple technical factors, including MTF analysis (default: 3m, 15m, 240m, D), RSI, ADX, and EMA crossovers, to produce signals when confluence criteria are met. Signals appear as circles on the chart, with a maximum of two visible signals per direction (buy or sell). A second signal in the same direction requires a neutral status, ensuring precision. Ideal for scalping, swing, and trend trading across stocks, forex, futures, and more. Usage Tips: Customize settings like RSI thresholds and MTF periods to align with your trading strategy. Use the debug table to monitor confluence factors and signal status in real-time. Pair with sound risk management and personal analysis for optimal results. Note: Always backtest thoroughly in your trading environment to validate performance. Let the Nexus v10 guide your next trade with precision and clarity!
Indicateur Pine Script®
par Petecasso
Nexus v10Nexus v10 - Confluence-Driven Trading Indicator The Nexus v10 is a sleek, modern, and versatile trading indicator that delivers precise buy and sell signals by synthesizing a confluence of technical factors, including Heikin Ashi candles, RSI, ADX, and EMA crossovers. The name "Nexus" captures its core strength—connecting and synthesizing multiple signals into a cohesive trading decision point. The term evokes a central hub or convergence, reflecting the script’s confluence-based approach, dynamic adaptability, and real-time precision for scalping. Designed for traders seeking clarity and efficiency, it’s a powerful tool for navigating dynamic markets. Key Features: Confluence-Based Signals: Combines weighted signals from Heikin Ashi, RSI, ADX, and EMA crossovers to generate high-probability buy/sell signals. Neutral Status Logic: Limits consecutive signals to two per direction, requiring a "Neutral" status before the second signal to ensure disciplined trading. Clean Visualization: Displays only the two most recent buy/sell signals, keeping the chart uncluttered and focused on current opportunities. Dynamic Adaptability: Offers customizable RSI thresholds, EMA lengths, MTF settings, and dynamic overbought/oversold levels to fit any market or style. Candle Coloring & Inside Bars: Highlights overbought/oversold conditions and inside bars with customizable colors for enhanced context. Real-Time Debug Table: Provides live insights into signal status, RSI, MTF trends, and ADX for informed decision-making. How It Works: Nexus v10 integrates multiple technical factors, including MTF analysis (default: 3m, 15m, 240m, D), RSI, ADX, and EMA crossovers, to produce signals when confluence criteria are met. Signals appear as circles on the chart, with a maximum of two visible signals per direction (buy or sell). A second signal in the same direction requires a neutral status, ensuring precision. Ideal for scalping, swing, and trend trading across stocks, forex, futures, and more. Usage Tips: Customize settings like RSI thresholds and MTF periods to align with your trading strategy. Use the debug table to monitor confluence factors and signal status in real-time. Pair with sound risk management and personal analysis for optimal results. Note: Always backtest thoroughly in your trading environment to validate performance. Let the Nexus v10 guide your next trade with precision and clarity!
Indicateur Pine Script®
par Petecasso
Supertrend + MACD with Advanced FiltersDetailed Guide 1. Indicator Overview Purpose: This enhanced indicator combines Supertrend and MACD to signal potential trend changes. In addition, it now includes several extra filters for more reliable signals: Multi-Timeframe (MTF) Confirmation: Checks a higher timeframe’s trend. ADX (Momentum) Filter: Ensures the market is trending strongly. Dynamic Factor Adjustment: Adapts the Supertrend sensitivity to current volatility. Volume Filter: Verifies that current volume is above average. Each filter can be enabled or disabled according to your preference. How It Works: The Supertrend calculates dynamic support/resistance levels based on ATR and an adjustable factor, while MACD identifies momentum shifts via its crossovers. The additional filters then confirm whether the conditions meet your criteria for a trend change. If all enabled filters align, the indicator plots a shape and triggers an alert. 2. Supertrend Component with Dynamic Factor Base Factor & ATR Period: The Supertrend uses these inputs to compute its dynamic bands. Dynamic Factor Toggle: When enabled, the factor is adjusted by comparing the current ATR to its simple moving average. This makes the indicator adapt to higher or lower volatility conditions, helping to reduce false signals. 3. MACD Component Parameters: Standard MACD settings (Fast MA, Slow MA, Signal Smoothing) determine the responsiveness of the MACD line. Crossovers between the MACD line and its signal line indicate potential trend reversals. 4. Multi-Timeframe (MTF) Filter Function: If enabled, the indicator uses a higher timeframe’s simple moving average (SMA) to confirm the prevailing trend. Bullish Confirmation: The current close is above the higher timeframe SMA. Bearish Confirmation: The current close is below the higher timeframe SMA. 5. ADX Filter (Momentum) Custom Calculation: Since the built-in ta.adx function may not be available, a custom ADX is calculated. This involves: Determining positive and negative directional movements (DMs). Smoothing these values to obtain +DI and -DI. Calculating the DX and then smoothing it to yield the ADX. Threshold: Only signals where the ADX exceeds the set threshold (default 20) are considered valid, ensuring that the market is trending strongly enough. 6. Volume Filter Function: Checks if the current volume exceeds the average volume (SMA) multiplied by a specified factor. This helps confirm that a price move is supported by sufficient trading activity. 7. Combined Signal Logic & Alerts Final Signal: A bullish signal is generated when: MACD shows a bullish crossover, Supertrend indicates an uptrend, And all enabled filters (MTF, ADX, volume) confirm the signal. The bearish signal is generated similarly in the opposite direction. Alerts: Alert conditions are set so that TradingView can notify you via pop-up, email, or SMS when these combined conditions are met. 8. User Adjustments Toggle Filters: Use the on/off switches for MTF, ADX, and Volume filters as needed. Parameter Tuning: Adjust the ATR period, base factor, higher timeframe settings, ADX period/threshold, and volume multiplier to match your trading style and market conditions. Backtesting: Always backtest your settings to ensure that they perform well with your strategy.
Indicateur Pine Script®
par kiemonline2016
1
Model Indicator |ASE|The purpose of this indicator is to allow the user to build their own model. Each feature works cohesively together and depending on the filters you enable, the model gives less and more specific entries. This benefits the trader because they have complete control over the kinds of trades they want to take, while maintaining its automatic form. We want to be as customizable as possible while still meeting our users’ needs. We started this indicator to propel us into our ultimate project, the ASE Algo. Features: SMC Display Current Structure: Liquidity Levels: Daily Premium Discount Array SMT Divergence Displacement Candles: Entry Factors FVG Continuation FVGs MTF FVGs Order Blocks MTF Order Blocks Confluence Filters MS Reversal Liquidity Level Raid Inducement Daily Prem/Disc Array Target Factors Liquidity Level Targets Current Structure Targets Trade Management Trade Overlay Risk:Reward Target Benefits & Examples: In the image below the indicator signaled multiple entries based on two simple confluence filters, a MS reversal (CHoCH/MSS) and a Liquidity Raid. Going from left to right we can see a short entry at the highs with a supporting Order Block. Liquidity levels are taken before we see a double IDM right below the respected OB that leads to the next signaled entry. In the middle of the chart we see a long entry that leads right into a short entry showing the effectiveness of such a simple model. In this supporting image we are showcasing the first implementation of the Trade Overlay feature. This feature displays the Entry and Stop Loss to make it more visible and adds a risk to reward target. Additionally displayed is the SMC Toolkit indicator showing us additional confirmation with our signaled entries playing right out of a higher timeframe FVG. An additional entry feature is the MTF zone. Setups can form on all timeframes and subjecting yourself to only one may lead you to miss out on some perfect setups or a larger move. In the image below we are on the 1 minute timeframe. We can see the Initial Reversal Entry which played out beautifully and filled a higher timeframe SFVG. With the MTF zone we can see a 3 minute and 5 minute Zone which produces the rest of the trend reaching another higher timeframe SFVG after filling the previous one. Once again showing the benefit of the Toolkit indicator but the plotted entries from such a simple model. In addition to the model indicators filtered out entry zone, we can use additional confluences to confirm these entries. In the image below we can see a short entry printed after a move out of the Std. Dev. vwap wave which shows over extension. Taking the entry we can have a tight stop loss at the vwap wave or the recent high where we have a liquidity level, targeting a lower liquidity level or higher timeframe FVG. For this example we are only filtering based on MS Reversals (CHoCH/MSS) to get our entries. Because of this we need additional confirmation to be confident in taking the plotted entry. In the image below you can see a long signal printed, confirmation being the previous Failed Reversal.
Indicateur Pine Script®
par AseAlgo
3
Modified QQE-ZigZag [Non Repaint During Candle Building]V V V V V V V Please Read V V V V V V V I ask Peter and he is fine, that im published this script Tell me if you have some ideas or criticism about that sricpt >>>>>>>>>> This is a modified Version of Peter_O's Momentum Based ZigZag <<<<<<<<<<< This is only a test, and i want to share it with the community It works like other ZigZags Because Peters_O's original Version is only non repaint on closed historical Data , during a Candle building process it can still repaint (signal appears / 21 seconds later signal disapears / 42 seconds later signal appears again in the same candle / etc.), but that isnt important for backtesting, its only important for realtime PivotPoints during a candle. My goal for this zigzag was to make it absolute non repaint neither during a candle building process (current candle), so once the signal is shown there is no chance that it disapers and shown a few seconds later again on that same candle, it can only show up one time per candle an thats it, and that makes it absolute non repaint in all time frames. Credits to: ==> Thanks to @glaz , for bringing the QQE to Tradingview <3 ==> Thanks to @Peter_O , for sharing his idea to use the QQE as base for a Zigzag and for sharing his MTF RSI with the Community <3 Changes: - I changed the MTF RSI a little bit, you can choose between two version - I changed the QQE a little bit, its now using the MTF RSI , and its using High and Low values as Source to make it absolute non repaint during a candle is building - I added a little Divergence Calculation beween price and the MTF RSI that is used for the ZigZag Colors : - Green for HH / HL Continuation - Red for LL / LH Continuation - Yellow for Positive Divergence - Purple for Negative Divergence Important: It is not possible to backtest this script correctly with historical Data, its only possible in Realtime, because the QQE is using crossunders with RSILowSource and the QQE Line to find the Tops and, because the QQE is using crossovers with RSIHighSource and the QQE Line to find the Bottoms, and that means it is not possible to find the correct Time/Moment when that crossovers / crossunders happens in historical Data =============> So please be sure you understand the Calculation and Backtest it in Realtime when you want to use it, because i didn't published this script for real trading =============> Im not a financial advisor and youre using this script at your own risk =============> Please do your own research
Indicateur Pine Script®
par Hutmacher42
33
_CM_Ultimate_MA_MTF_V4***For a Detailed Video Overview Showing all of the Settings... Click HERE to View Video New _CM_Ultimate_MA_MTF_V4 - Update - 08-24-2021 Thanks to @SKTennis for help with code Added Ability to Plot 1 or 2 Moving Averages - Fast MA & Slow MA Added Ability to Plot Fast MA with Multi TimeFrame Added Ability to Plot Slow MA with Multi TimeFrame Added Ability to Color Fast MA Based on Slope of MA Added Ability to Color Fast MA based on being Above/Below Slow MA Added Ability to Plot 8 Types of Moving Averages Simple, Exponential, Weighted, Hull, VWMA, RMA, TEMA, & Tilson T3 Added Ability to Set Alerts Based on: Slope Change in the Fast MA Or Fast MA Crossing Above/Below Slow MA. Added Ability to Plot "Fill" if Both Moving Averages are Turned ON Added Ability to control Transparency of Fill Added Alerts to Settings Pane. Customized how Alerts work. Must keep Checked in Settings Pane, and When you go to Alerts Panel, Change Symbol to Indicator (_CM_Ultimate_MA_MTF_V4) Customized Alerts to Show Symbol, TimeFrame, Closing Price, & Moving Average Signal Name in Alert Alerts are Pre-Set to only Alert on Bar Close See Video for Detailed Overview New Updates Coming Soon!!! ***Please Post Feedback and Any Feature Requests in the Comments Section Below***
Indicateur Pine Script®
par ChrisMoody
59
FieryTrading Suite AThis trading suite offers a complete package to traders, both long- and short-term. The idea here is that by combining FieryTrading Suite A and B, one can get a better grip on the markets, thus making more profitable trades. This trading suite is suited for all time frames and assets. Ideally one would combine this trading suite with their own strategies or indicators. This indicator pack consists of several parts and offers quite some customization. // FieryTrading Suite A Bar Trend: the bars will get colored according to the current, short-term, trend. Green is bullish, red is bearish and yellow is neutral. By tweaking the Bar Trend Length one can make the bar trend more or less responsive. Higher lengths are better for long term trading, whereas a shorter length is better for short-term or scalping. MTF EMA: this is actually two indicators in one. First, we have the EMA on the chart, which is a general current trend indicator. Above the EMA means bullish, under the EMA means bearish. This EMA is also colored according to the long-term trend, which gets pulled from a higher time-frame. Green means long term bullish, red long-term bearish, yellow neutral. Overshoot Area: the green and red bands around the price are areas where the price might potentially reverse from. This works exceptionally well in consolidating (horizontal) markets. The wider the overshoot area, the stronger the trend. A very tight overshoot area might indicate that the price will soon make a strong move. Increase the overshoot length to make it better suited for long-term. Decrease the length for better detection of small moves. Extra’s: 1) Extreme bars: when turned on, the bars will color blue if the price reaches a potential strong area of reversal or consolidation. Blue bars are also great areas to exit your current position. Increase the Extreme Multiplier in case you want it less responsive. Decrease the multiplier to quicker spot extreme bars, but with a higher margin of error. 2) FieryTrend: due to its popularity, I’ve decided to included my FieryTrend indicator in the Trading Suite. It’s a great tool to manually find trend lines, resistances and supports. See my FieryTrend indicator for more info. 3) Fractals: when turned on, this option will display fractals on the chart. These fractals are mainly used for stop-loss determination, but can be used for other strategies as well. 4) FT B Reversal: when turned on, this will place reversals of the FieryTrend Suit B on the chart. Make sure to keep the inputs of the FT B indicator the same on both the A and B suite. It might trigger some false-positives, don’t trade this blindly. Wait for the lighter color to completely disappear behind the darker one on FT B. Alerts: Alerts can be created for Extreme Bars, Bar Trend and FieryTrading Suite B Reversals. Bar trend currently triggers an alert of every bullish / bearish bar, want to make it trigger once in the future, but I’m encountering an unknown bug. // FieryTrading Suite B This oscillator tries to give traders an idea of the current trend, as well as trend reversals. The higher the lengths, the bigger the potential trends can become. Be aware that higher lengths are less responsive to market movements. The default inputs are best for most traders. Alerts for this indicator can be made in the FT Trading Suite A, indicated by the blue up / down triangles. // Potential strategies There are several potential strategies that one can follow by just looking at the chart. Here are some examples: 1.0 For longer term trades one could simply trade the bar colors. Buy when the bar goes green, sell when it goes red. 1.1 You could exit the trade at either an Extreme Bar or when the price enters the Overshoot Area 1.2 During bullish trends (green bars, green MTF EMA), you could spot potential entries with the FieryTrading Suite B. Enter on every dip on the oscillator. Inverse would be true for shorts. 2.0 You could trade the FT B Reversals during their respective trend. So, trade bearish reversals during a red MTF EMA, bullish reversals during a green MTF EMA. Never trade one indicator naked. Always use other indicators to confirm your bias. For take-profit and stop-loss selection I would generally advise to look at the most recent fractal and place the stop above / below the fractal bar. Bullish trades should look at the pink fractal, bearish trades at the yellow fractal. When no fractal is available, look at the reversal bar and apply the same strategy. For short term trades I’d advise a risk-reward of 1.5, longer term 2 – 2.5. See the screenshots below for a couple of examples. For access, please take a look at the "Author's Instructions" below.
Indicateur Pine Script®
par FieryTrading
2
Relative Volume at Time█  OVERVIEW This indicator calculates relative volume, which is the ratio of present volume over an average of past volume. It offers two calculation modes, both using a time reference as an anchor.                                          █  CONCEPTS Calculation modes The simplest way to calculate relative volume is by using the ratio of a bar's volume over a simple moving average of the last n volume values. This indicator uses one of two, more subtle ways to calculate both values of the relative volume ratio: current volume:past volume . The two calculations modes are:  1 — Cumulate from Beginning of TF to Current Bar where:     current volume = the cumulative volume since the beginning of the timeframe unit, and     past volume = the mean of volume during that same relative period of time in the past n timeframe units.  2 — Point-to-Point Bars at Same Offset from Beginning of TF where:     current volume = the volume on a single chart bar, and     past volume = the mean of volume values from that same relative bar in time from the past n timeframe units. Timeframe units Timeframe units can be defined in three different ways:  1 — Using Auto-steps, where the timeframe unit automatically adjusts to the timeframe used on the chart:     — A 1 min timeframe unit will be used on 1sec charts,     — 1H will be used for charts at 1min and less,     — 1D will be used for other intraday chart timeframes,     — 1W will be used for 1D charts,     — 1M will be used for charts at less than 1M,     — 1Y will be used for charts at greater or equal than 1M.  2 — As a fixed timeframe that you define.  3 — By time of day (for intraday chart timeframes only), which you also define. If you use non-intraday chart timeframes in this mode, the indicator will switch to Auto-steps. Relative Relativity A relative volume value of 1.0 indicates that current volume is equal to the mean of past volume , but how can we determine what constitutes a high relative volume value? The traditional way is to settle for an arbitrary threshold, with 2.0 often used to indicate that relative volume is worthy of attention. We wanted to provide traders with a contextual method of calculating threshold values, so in addition to the conventional fixed threshold value, this indicator includes two methods of calculating a threshold channel on past relative volume values:  1 — Using the standard deviation of relative volume over a fixed lookback.  2 — Using the highs/lows of relative volume over a variable lookback. Channels calculated on relative volume provide meta-relativity, if you will, as they are relative values of relative volume. █  FEATURES Controls in the "Display" section of inputs determine what is visible in the indicator's pane. The next "Settings" section is where you configure the parameters used in the calculations. The "Column Coloring Conditions" section controls the color of the columns, which you will see in three of the five display modes available. Whether columns are plotted or not, the coloring conditions also determine when markers appear, if you have chosen to show the markers in the "Display" section. The presence of markers is what triggers the alerts configured on this indicator. Finally, the "Colors" section of inputs allows you to control the color of the indicator's visual components. Display Five display modes are available:  • Current Volume Columns : shows columns of current volume , with past volume displayed as an outlined column.  • Relative Volume Columns : shows relative volume as a column.  • Relative Volume Columns With Average : shows relative volume as a column, with the average of relative volume.  • Directional Relative Volume Average : shows a line calculated using the average of +/- values of relative volume.   The positive value of relative volume is used on up bars; its negative value on down bars.  • Relative Volume Average : shows the average of relative volume. A Hull moving average is used to calculate the average used in the three last display modes. You can also control the display of:  • The value or relative volume, when in the first three display modes. Only the last 500 values will be shown.  • Timeframe transitions, shown in the background.  • A reminder of the active timeframe unit, which appears to the right of the indicator's last bar.  • The threshold used, which can be a fixed value or a channel, as determined in the next "Settings" section of inputs.  • Up/Down markers, which appear on transitions of the color of the volume columns (determined by coloring conditions), which in turn control when alerts are triggered.  • Conditions of high volatility. Settings Use this section of inputs to change:  • Calculation mode : this is where you select one of this indicator's two calculation modes for current volume and past volume , as explained in the "Concepts" section.  • Past Volume Lookback in TF units : the quantity of timeframe units used in the calculation of past volume .  • Define Timeframes Units Using : the mode used to determine what one timeframe unit is. Note that when using a fixed timeframe, it must be higher than the chart's timeframe.   Also, note that time of day timeframe units only work on intraday chart timeframes.  • Threshold Mode : Five different modes can be selected:    — Fixed Value : You can define the value using the "Fixed Threshold" field below. The default value is 2.0.    — Standard Deviation Channel From Fixed Lookback : This is a channel calculated using the simple moving average of relative volume     (so not the Hull moving average used elsewhere in the indicator), plus/minus the standard deviation multiplied by a user-defined factor.     The lookback used is the value of the "Channel Lookback" field. Its default is 100.    — High/Low Channel From Beginning of TF : in this mode, the High/Low values reset at the beginning of each timeframe unit.    — High/Low Channel From Beginning of Past Volume Lookback : in this mode, the High/Low values start from the farthest point back where we are calculating past volume ,     which is determined by the combination of timeframe units and the "Past Volume Lookback in TF units" value.    — High/Low Channel From Fixed Lookback : In this mode the lookback is fixed. You can define the value using the "Channel Lookback" field. The default value is 100.  • Period of RelVol Moving Average : the period of the Hull moving average used in the "Directional Relative Volume Average" and the "Relative Volume Average".  • High Volatility is defined using fast and slow ATR periods, so this represents the volatility of price.   Volatility is considered to be high when the fast ATR value is greater than its slow value. Volatility can be used as a filter in the column coloring conditions. Column Coloring Conditions  • Eight different conditions can be turned on or off to determine the color of the volume columns. All "ON" conditions must be met to determine a high/low state of relative volume,   or, in the case of directional relative volume, a bull/bear state.  • A volatility state can also be used to filter the conditions.  • When the coloring conditions and the filter do not allow for a high/low state to be determined, the neutral color is used.  • Transitions of the color of the volume columns determined by coloring conditions are used to plot the up/down markers, which in turn control when alerts are triggered. Colors  • You can define your own colors for all of the oscillator's plots.  • The default colors will perform well on light or dark chart backgrounds. Alerts  • An alert can be defined for the script. The alert will trigger whenever an up/down marker appears in the indicator's display.   The particular combination of coloring conditions and the display settings for up/down markers when you create the alert will determine which conditions trigger the alert.   After alerts are created, subsequent changes to the conditions controlling the display of markers will not affect existing alerts.  • By configuring the script's inputs in different ways before you create your alerts, you can create multiple, functionally distinct alerts from this script.   When creating multiple alerts, it is useful to include in the alert's message a reminder of the particular conditions you used for each alert.  • As is usually the case, alerts triggering "Once Per Bar Close" will prevent repainting. Error messages Error messages will appear at the end of the chart upon the following conditions:  • When the combination of the timeframe units used and the "Past Volume Lookback in TF units" value create a lookback that is greater than 5000 bars.   The lookback will then be recalculated to a value such that a runtime error does not occur.  • If the chart's timeframe is higher than the timeframe units. This error cannot occur when using Auto-steps to calculate timeframe units.  • If relative volume cannot be calculated, for example, when no volume data is available for the chart's symbol.  • When the threshold of relative volume is configured to be visible but the indicator's scale does not allow it to be visible (in "Current Volume Columns" display mode). █  NOTES For traders The chart shown here uses the following display modes: "Current Volume Columns", "Relative Volume Columns With Average", "Directional Relative Volume Average" and "Relative Volume Average". The last one also shows the threshold channel in standard deviation mode, and the TF Unit reminder to the right, in red. Volume, like price, is a value with a market-dependent scale. The only valid reference for volume being its past values, any improvement in the way past volume is calculated thus represents a potential opportunity to traders. Relative volume calculated as it is here can help traders extract useful information from markets in many circumstances, markets with cyclical volume such as Forex being one, obvious case. The relative nature of the values calculated by this indicator also make it a natural fit for cross-market and cross-sector analysis, or to identify behavioral changes in the different futures contracts of the same market. Relative volume can also be put to more exotic uses, such as in evaluating changes in the popularity of exchanges. Relative volume alone has no directional bias. While higher relative volume values always indicate higher trading activity, that activity does not necessarily translate into significant price movement. In a tightly fought battle between buyers and sellers, you could theoretically have very large volume for many bars, with no change whatsoever in bid/ask prices. This of course, is unlikely to happen in reality, and so traders are justified in considering high relative volume values as indicating periods where more attention is required, because imbalances in the strength of buying/selling power during high-volume trading periods can amplify price variations, providing traders with the generally useful gift of volatility. Be sure to give the "Directional Relative Volume Average" a try. Contrary to the always-positive ratio widely used in this indicator, the "Directional Relative Volume Average" produces a value able to determine a bullish/bearish bias for relative volume. Note that realtime bars must be complete for the relative volume value to be confirmed. Values calculated on historical or elapsed realtime bars will not recalculate unless historical volume data changes. Finally, as with all indicators using volume information, keep in mind that some exchanges/brokers supply different feeds for intraday and daily data, and the volume data on both feeds can sometimes vary quite a bit. For coders Our script was written using the PineCoders Coding Conventions for Pine . The description was formatted using the techniques explained in the How We Write and Format Script Descriptions PineCoders publication. Bits and pieces of code were lifted from the MTF Selection Framework and the MTF Oscillator Framework , also by PineCoders. █  THANKS Thanks to dgtrd for suggesting to add the channel using standard deviation. Thanks to adolgov for helpful suggestions on calculations and visuals. Look first. Then leap.
Indicateur Pine Script®
par TradingView
52
Efficient Work [LucF]█  OVERVIEW Efficient Work measures the ratio of price movement from close to close ( resulting work ) over the distance traveled to the high and low before settling down at the close ( total work ). The closer the two values are, the more Efficient Work approaches its maximum value of +1 for an up move or -1 for a down move. When price does not change, Efficient Work is zero. Higher values of Efficient Work indicate more efficient price travel between the close of two successive bars, which I interpret to be more significant, regardless of the move's amplitude. Because it measures the direction and strength of price changes rather than their amplitude, Efficient Work may be thought of as a sentiment indicator. █  CONCEPTS This oscillator's design stems from a few key concepts. Relative Levels Other than the centerline, relative rather than absolute levels are used to identify levels of interest. Accordingly, no fixed levels correspond to overbought/oversold conditions. Relative levels of interest are identified using:  • A Donchian channel (historical highs/lows).  • The oscillator's position relative to higher timeframe values.  • Oscillator levels following points in time where a divergence is identified. Higher timeframes Two progressively higher timeframes are used to calculate larger-context values for the oscillator. The rationale underlying the use of timeframes higher than the chart's is that, while they change less frequently than the values calculated at the chart's resolution, they are more meaningful because more work (trader activity) is required to calculate them. Combining the immediacy of values calculated at the chart's resolution to higher timeframe values achieves a compromise between responsiveness and reliability. Divergences as points of interest rather than directional clues A very simple interpretation of what constitutes a divergence is used. A divergence is defined as a discrepancy between any bar's direction and the direction of the signal line on that same bar. No attempt is made to attribute a directional bias to divergences when they occur. Instead, the oscillator's level is saved and subsequent movement of the oscillator relative to the saved level is what determines the bullish/bearish state of the oscillator. Conservative coloring scheme Several additive coloring conditions allow the bull/bear coloring of the oscillator's main line to be restricted to specific areas meeting all the selected conditions. The concept is built on the premise that most of the time, an oscillator's value should be viewed as mere noise, and that somewhat like price, it only occasionally conveys actionable information. █  FEATURES Plots  • Three lines can be plotted. They are named Main line , Line 2 and Line 3 . You decide which calculation to use for each line:    • The oscillator's value at the chart's resolution.    • The oscillator's value at a medium timeframe higher than the chart's resolution.    • The oscillator's value at the highest timeframe.    • An aggregate line calculated using a weighed average of the three previous lines (see the Aggregate Weights section of Inputs to configure the weights).  • The coloring conditions, divergence levels and the Hi/Lo channel always apply to the Main line, whichever calculation you decide to use for it.  • The color of lines 2 and 3 are fixed but can be set in the "Colors" section of Inputs.  • You can change the thickness of each line.  • When the aggregate line is displayed, higher timeframe values are only used in its calculation when they become available in the chart's history,   otherwise the aggregate line would appear much later on the chart. To indicate when each higher timeframe value becomes available,   a small label appears near the centerline.  • Divergences can be shown as small dots on the centerline.  • Divergence levels can be shown. The level and fill are determined by the oscillator's position relative to the last saved divergence level.  • Bull/bear markers can be displayed. They occur whenever a new bull/bear state is determined by the "Main Line Coloring Conditions".  • The Hi/Lo (Donchian) channel can be displayed, and its period defined.  • The background can display the state of any one of 11 different conditions.  • The resolutions used for the higher timeframes can be displayed to the right of the last bar's value.  • Four key values are always displayed in the Data Window (fourth icon down to the right of your chart):   oscillator values for the chart, medium and highest timeframes, and the oscillator's instant value before it is averaged. Main Line Coloring Conditions  • Nine different conditions can be selected to determine the bull/bear coloring of the main line. All conditions set to "ON" must be met to determine the bull/bear state.  • A volatility state can also be used to filter the conditions.  • When the coloring conditions and the filter do not allow for a bull/bear state to be determined, the neutral color is used. Signal  • Seven different averages can be used to calculate the average of the oscillator's value.  • The average's period can be set. A period of one will show the instant value of the oscillator,   provided you don't use linear regression or the Hull MA as they do not work with a period of one.  • An external signal can be used as the oscillator's instant value. If an already averaged external value is used, set the period to one in this indicator.  • For the cases where an external signal is used, a centerline value can be set. Higher Timeframes  • The two higher timeframes are named Medium timeframe and Highest timeframe . They can be determined using one of three methods:   • Auto-steps: the higher timeframes are determined using the chart's resolution. If the chart uses a seconds resolution, for example,    the medium and highest resolutions will be 15 and 60 minutes.   • Multiples: the timeframes are calculated using a multiple of the chart's resolution, which you can set.   • Fixed: the set timeframes do not change with the chart's resolution. Repainting  • Repainting can be controlled separately for the chart's value and the higher timeframe values.  • The default is a repainting chart value and non-repainting higher timeframe values. The Aggregate line will thus repaint by default,   as it uses the chart's value along with the higher timeframes values. Aggregate Weights  • The weight of each component of the Aggregate line can be set.  • The default is equal weights for the three components, meaning that the chart's value accounts for one third of the weight in the Aggregate. High Volatility  • This provides control over the volatility filter used in the Main line's coloring conditions and the background display.  • Volatility is determined to be high when the short-term ATR is greater than the long-term ATR. Colors  • You can define your own colors for all of the oscillator's plots.  • The default colors will perform well on both white and black chart backgrounds. Alerts  • An alert can be defined for the script. The alert will trigger whenever a bull/bear marker appears in the indicator's display.   The particular combination of coloring conditions and the display of bull/bear markers when you create the alert will thus determine when the alert triggers.   Once the alerts are created, subsequent changes to the conditions controlling the display of markers will not affect the existing alert(s).  • You can create multiple alerts from this script, each triggering on different conditions. Backtesting & Trading Engine Signal Line  • An invisible plot named "BTE Signal" is provided. It can be used as an entry signal when connected to the PineCoders Backtesting & Trading Engine as an external input.   It will generate an entry whenever a marker is displayed. █  NOTES • I do not know for sure if the calculations in Efficient Work are original. I apologize if they are not. • Because this version of Efficient Work only has access to OHLC information, it cannot measure the total distance traveled through all of a bar's ticks, but the indicator nonetheless behaves in a manner consistent with the intentions underlying its design. For Pine coders This code was written using the following standards:  • The PineCoders Coding Conventions for Pine .  • A modified version of the PineCoders MTF Oscillator Framework and MTF Selection Framework .
Indicateur Pine Script®
par LucF
17
Time ChangesThis is very cool and simple script I just play around with non security MTF and this is the end result:) buy period is lime, sell period is red since it based on the changes of the MTF by time it give us very nice signal of bullish or bearish period since no security is here so no repaint fear.. if you use 1 hour candle choose either daily (better for crypto ) or weekly MTF (better for stocks ) or even higher if you use lower TF then try to see which MTF is best suited for it simple and nice I think :) here on tesla facebook boeing nifty forex etc
Indicateur Pine Script®
par RafaelZioni
5