Dynamic Trend Lines-AYNETCode Summary: Dynamic Trend Lines
This code dynamically draws trend lines and labels based on swing highs and lows identified from historical price action.
Key Features
Swing Point Detection:
Uses the ta.pivothigh and ta.pivotlow functions to identify recent swing highs and swing lows based on a customizable lookback period.
Trend Lines:
Uptrend Line:
Draws a line connecting swing low points.
Colored in blue by default.
Downtrend Line:
Draws a line connecting swing high points.
Colored in red by default.
Lines dynamically adjust as new swing points are identified.
Labels:
Adds a circle-style label at each swing high and swing low.
Displays the price value of the swing point.
Labels have:
Green background for uptrends.
Red background for downtrends.
Customizable Inputs:
lookback: Sensitivity of swing point detection (higher value = fewer swings).
line_color_up and line_color_down: Colors for the trend lines.
label_bg_up and label_bg_down: Colors for the label backgrounds.
Auto Updates:
Trend lines and labels update dynamically as the chart progresses, ensuring they reflect the latest market conditions.
How It Works
Identify Swing Points:
Detects local highs and lows within the defined lookback period.
Draw Lines:
Uptrend lines are drawn from the most recent swing lows.
Downtrend lines are drawn from the most recent swing highs.
Add Labels:
Each swing point is labeled with its price value for easy reference.
Visual Output
Trend Lines:
Blue for uptrends, red for downtrends.
Labels:
Circular labels with price values:
Green for swing lows (uptrend points).
Red for swing highs (downtrend points).
Example Use Case
This script is useful for traders who want to:
Visually identify key trend lines based on swing highs and lows.
Understand the critical price points of market reversals.
Use labeled price points for informed trade decisions.
Let me know if you'd like any specific refinements! 😊
Forecasting
Dynamic Supply & Demand Zones- AYNETSummary of the Code: Dynamic Supply & Demand Zones
This Pine Script creates dynamic supply (resistance) and demand (support) zones on a chart by identifying the highest and lowest prices over a user-defined lookback period. It visualizes these zones with shaded regions and horizontal lines that dynamically adjust to price movements.
Key Features:
Dynamic Support Zone (Demand):
Calculated using the lowest price in the last lookback bars.
Creates a shaded region around this price, extended up and down by a user-defined zone width.
Horizontal lines clearly mark the top and bottom of the demand zone.
Dynamic Resistance Zone (Supply):
Calculated using the highest price in the last lookback bars.
Similarly, a shaded region and lines are drawn for this zone, representing supply.
Customizable Inputs:
lookback: Number of bars to calculate the highest and lowest prices.
zone_width: The buffer distance above/below the highest/lowest price to create the zone.
Colors: Separate color inputs for the fill and lines of support and resistance zones.
Dynamic Updates:
Both zones update automatically as new bars are added and the highest/lowest prices change.
Visual Representation:
The script uses plot to create shaded regions and line objects to draw horizontal boundaries.
How It Works:
Inputs:
The user provides a lookback period and zone_width.
Calculations:
Lowest price in the last lookback bars defines the support zone.
Highest price in the same period defines the resistance zone.
Plotting:
The zones are plotted with shaded regions and dynamic lines.
Use Case:
This indicator helps identify key price levels where supply (resistance) or demand (support) is likely to affect price movement.
Useful for traders who rely on support/resistance levels in their strategies.
Let me know if you'd like further enhancements or integrations! 😊
MultiTimeframe Mediator IndicatorThis is a multitimeframe indicator where the mediators are based off different timeframes.
There are mediators defined in the indicator
1. Hourly (Green by default)
2. Daily (Blue by default)
3. Weekly (Purple by default)
4. Monthly (Orange by default)
For day trading there are 1m and 5m mediators.
How to use it :
(Identifying trends)
1. Bullish Trend : Hourly > Daily > Weekly > Monthly
2. Bearish Trend : Monthly > Weekly > Daily > Hourly
(Taking trades)
1. Long trades : when the price closes above the Hourly Mediator take an entry with SL below the Hourly Mediator. TP can be any of the mediators that is immediately on top of the Hourly Mediator. In a fully Bullish trend it can be 2x-3x from the SL.
2. Short trades : when the price closes below the Hourly Mediator take an entry with SL below the Hourly Mediator. TP can be any of othe mediators that is immediately below the Hourly Mediator. In a fully Bearish trend it can be 2x-3x from the SL.
Cognitive Market Lens - AynetConcept: Cognitive Market Lens
What if you could see the market as a living organism? Instead of fixed lines and signals:
The chart becomes dynamic, fluid, and alive.
It learns and adapts based on what you’re trading.
Incorporates neural-inspired flows, time-expanding visuals, and holographic projections of market behavior.
Features
Cognitive Flows:
Prices are visualized as streams of energy, flowing dynamically based on trend strength, volume, and volatility.
Major price movements create ripples in the flow, allowing traders to sense "disturbances in the force."
Market Vortex:
Identifies converging forces (momentum, volume, volatility) and visualizes them as vortexes on the chart, pulling price toward or away.
Dimensional Overlays:
A 3D-like holographic layer projects possible future price paths based on historical fractals and current momentum.
Emotion Heatmap:
Tracks market fear/greed dynamics in real-time and overlays a heatmap, shifting from red (fear) to green (greed).
How It Works
1. Cognitive Flows
Price flows are represented as streams of energy.
The strength of the flow gives insight into the market's momentum.
2. Market Vortex
Vortexes are zones where price is strongly pulled toward a region due to momentum and ATR alignment.
These zones appear as 🌀 symbols.
3. Emotion Heatmap
Tracks emotional shifts in the market:
Green for Greed (RSI > 70%).
Red for Fear (RSI < 30%).
Blue for Neutral.
4. Dimensional Overlay
Projects potential price paths (upside/downside) as dotted lines based on fractals and ATR.
What Makes This Different?
Dynamic Flow Visualization:
Moves beyond static lines to create a living market view.
Emotionally Intelligent:
Integrates a heatmap of market sentiment directly on the chart.
Dimensional Perspective:
Predicts future price paths as holographic overlays.
Unconventional Logic:
Leverages vortex dynamics to identify zones of attraction/repulsion.
Next Steps
If this resonates, we can enhance it with neural network predictions or even interactive AI trading zones.
Open to any customization ideas you have. Let's make this truly extraordinary.
Stochastic with up to 5 D linesmultiple stochs to track oversold / overbought across up to 5 time frames on same chart
Rainbow MA- AYNETDescription
What it Does:
The Rainbow Indicator visualizes price action with a colorful "rainbow-like" effect.
It uses a moving average (SMA) and dynamically creates bands around it using standard deviation.
Features:
Seven bands are plotted, each corresponding to a different rainbow color (red to purple).
Each band is calculated using the moving average (ta.sma) and a smoothing multiplier (smooth) to control their spread.
User Inputs:
length: The length of the moving average (default: 14).
smooth: Controls the spacing between the bands (default: 0.5).
radius: Adjusts the size of the circular points (default: 3).
How it Works:
The bands are plotted above and below the moving average.
The offset for each band is calculated using standard deviation and a user-defined smoothing multiplier.
Plotting:
Each rainbow band is plotted individually using plot() with circular points (plot.style_circles).
Customization
You can modify the color palette, adjust the smoothing multiplier, or change the moving average length to suit your needs.
The number of bands can also be increased or decreased by adding/removing colors from the colors array and updating the loop.
If you have further questions or want to extend the indicator, let me know! 😊
Dynamic Support and Resistance -AYNETExplanation of the Code
Lookback Period:
The lookback input defines how many candles to consider when calculating the support (lowest low) and resistance (highest high).
Support and Resistance Calculation:
ta.highest(high, lookback) identifies the highest high over the last lookback candles.
ta.lowest(low, lookback) identifies the lowest low over the same period.
Dynamic Lines:
The line.new function creates yellow horizontal lines at the calculated support and resistance levels, extending them to the right.
Optional Plot:
plot is used to display the support and resistance levels as lines for visual clarity.
Customization:
You can adjust the lookback period and toggle the visibility of the lines via inputs.
How to Use This Code
Open the Pine Script Editor in TradingView.
Paste the above code into the editor.
Adjust the "Lookback Period for High/Low" to customize how the levels are calculated.
Enable or disable the support and resistance lines as needed.
This will create a chart similar to the one you provided, with horizontal yellow lines dynamically indicating the support and resistance levels. Let me know if you'd like any additional features or customizations!
Call and Put Signals with Alerts//@version=5
indicator("Call and Put Signals with Alerts", overlay=true)
// Input parameters for the RSI and Moving Averages
rsiLength = input.int(14, title="RSI Length")
rsiOverbought = input.int(70, title="RSI Overbought Level")
rsiOversold = input.int(30, title="RSI Oversold Level")
shortMaLength = input.int(50, title="Short MA Length")
longMaLength = input.int(200, title="Long MA Length")
// Calculate the RSI and Moving Averages
rsi = ta.rsi(close, rsiLength)
shortMa = ta.sma(close, shortMaLength)
longMa = ta.sma(close, longMaLength)
// Define the conditions for Call (Buy) and Put (Sell) signals
callCondition = (rsi < rsiOversold) and (shortMa > longMa) // RSI oversold and short MA above long MA (bullish)
putCondition = (rsi > rsiOverbought) and (shortMa < longMa) // RSI overbought and short MA below long MA (bearish)
// Plot Call and Put signals on the chart
plotshape(series=callCondition, location=location.belowbar, color=color.green, style=shape.labelup, title="Call Signal", text="CALL")
plotshape(series=putCondition, location=location.abovebar, color=color.red, style=shape.labeldown, title="Put Signal", text="PUT")
// Plot the Moving Averages for trend visualization
plot(shortMa, color=color.blue, title="Short MA")
plot(longMa, color=color.orange, title="Long MA")
// Alert conditions for Call and Put signals
alertcondition(callCondition, title="Call Alert", message="Call (Buy) Signal - RSI Oversold & Short MA > Long MA")
alertcondition(putCondition, title="Put Alert", message="Put (Sell) Signal - RSI Overbought & Short MA < Long MA")
Buy and Sell Signals Example//@version=5
indicator("Buy and Sell Signals Example", overlay=true)
// Input parameters for the moving averages and RSI
rsiLength = input.int(14, title="RSI Length")
rsiOverbought = input.int(70, title="RSI Overbought Level")
rsiOversold = input.int(30, title="RSI Oversold Level")
shortMaLength = input.int(50, title="Short MA Length")
longMaLength = input.int(200, title="Long MA Length")
// Calculate the RSI and moving averages
rsi = ta.rsi(close, rsiLength)
shortMa = ta.sma(close, shortMaLength)
longMa = ta.sma(close, longMaLength)
// Define Buy and Sell conditions
buyCondition = rsi < rsiOversold and shortMa > longMa // RSI is oversold and short MA is above long MA
sellCondition = rsi > rsiOverbought and shortMa < longMa // RSI is overbought and short MA is below long MA
// Plot Buy and Sell signals on the chart
plotshape(series=buyCondition, location=location.belowbar, color=color.green, style=shape.labelup, title="Buy Signal", text="BUY")
plotshape(series=sellCondition, location=location.abovebar, color=color.red, style=shape.labeldown, title="Sell Signal", text="SELL")
// Strategy logic for backtesting (optional)
strategy.entry("Buy", strategy.long, when=buyCondition)
strategy.exit("Sell", from_entry="Buy", when=sellCondition)
// Plotting moving averages for visual reference
plot(shortMa, color=color.blue, title="Short MA")
plot(longMa, color=color.orange, title="Long MA")
5% Precio de compra Hk CompanyEste indicador funciona para tener una vista rápida sobre que precio ofrecer a un producto con un % x de manera rápida y en tiempo real. Por ejemplo, si compro oro físico con un margen de 5% el gráfico me mostrara exactamente cual es el precio que debo darle a la persona que quiere venderme.
Wick Trend Analysis with Supertrend and RSI -AYNETScientific Explanation
1. Wick Trend Analysis
Upper and Lower Wicks:
Calculated based on the difference between the high or low price and the candlestick body (open and close).
The trend of these wick lengths is derived using the Simple Moving Average (SMA) over the defined trend_length period.
Trend Direction:
Positive change (ta.change > 0) indicates an increasing trend.
Negative change (ta.change < 0) indicates a decreasing trend.
2. Supertrend Indicator
ATR Bands:
The Supertrend uses the Average True Range (ATR) to calculate dynamic upper and lower bands:
upper_band
=
hl2
+
(
supertrend_atr_multiplier
×
ATR
)
upper_band=hl2+(supertrend_atr_multiplier×ATR)
lower_band
=
hl2
−
(
supertrend_atr_multiplier
×
ATR
)
lower_band=hl2−(supertrend_atr_multiplier×ATR)
Trend Detection:
If the price is above the upper band, the Supertrend moves to the lower band.
If the price is below the lower band, the Supertrend moves to the upper band.
The Supertrend helps identify the prevailing market trend.
3. RSI (Relative Strength Index)
The RSI measures the momentum of price changes and ranges between 0 and 100:
Overbought Zone (Above 70): Indicates that the price may be overextended and due for a pullback.
Oversold Zone (Below 30): Indicates that the price may be undervalued and due for a reversal.
Visualization Features
Wick Trend Lines:
Upper wick trend (green) and lower wick trend (red) show the relative strength of price rejection on both sides.
Wick Trend Area:
The area between the upper and lower wick trends is filled dynamically:
Green: Upper wick trend is stronger.
Red: Lower wick trend is stronger.
Supertrend Line:
Displays the Supertrend as a blue line to highlight the market's directional bias.
RSI:
Plots the RSI line, with horizontal dotted lines marking the overbought (70) and oversold (30) levels.
Applications
Trend Confirmation:
Use the Supertrend and wick trends together to confirm the market's directional bias.
For example, a rising lower wick trend with a bullish Supertrend suggests strong bullish sentiment.
Momentum Analysis:
Combine the RSI with wick trends to assess the strength of price movements.
For example, if the RSI is oversold and the lower wick trend is increasing, it may signal a potential reversal.
Signal Generation:
Generate entry signals when all three indicators align:
Bullish Signal:
Lower wick trend increasing.
Supertrend bullish.
RSI rising from oversold.
Bearish Signal:
Upper wick trend increasing.
Supertrend bearish.
RSI falling from overbought.
Future Improvements
Alert System:
Add alerts for alignment of Supertrend, RSI, and wick trends:
pinescript
Kodu kopyala
alertcondition(upper_trend_direction == 1 and supertrend < close and rsi > 50, title="Bullish Signal", message="Bullish alignment detected.")
alertcondition(lower_trend_direction == 1 and supertrend > close and rsi < 50, title="Bearish Signal", message="Bearish alignment detected.")
Custom Thresholds:
Add thresholds for wick lengths and RSI levels to filter weak signals.
Multiple Timeframes:
Incorporate multi-timeframe analysis for more robust signal generation.
Conclusion
This script combines wick trends, Supertrend, and RSI to create a comprehensive framework for analyzing market sentiment and detecting potential trading opportunities. By visualizing trends, market bias, and momentum, traders can make more informed decisions and reduce reliance on single-indicator strategies.
Comprehensive Intraday Strategy ups Strategy give the buy and sell signal when +_ 1 % potential for upside and downside
Múltiples Porcentajes hk Companylo utilizo para saber cuanto vale el precio del gramo internacional en colombia y a cuanto esta en la calle
The Trend Sniper Screener
The Trend Sniper Screener is a visual table-based tool for tracking market trends, signals, volatility, and trade recommendations across multiple symbols. It provides a consolidated overview of key trading metrics for better decision-making. Here's a detailed description of the screener: made by Danny G The Trend Sniper Enjoy ICMARKETS:GBPUSD ICMARKETS:XAUUSD FX:EURUSD BITSTAMP:BTCUSD
Monitored Symbols:
Tracks predefined symbols: EURUSD, GBPUSD, BTCUSD, and XAUUSD.
Each symbol is analyzed individually.
Metrics Displayed:
Trend: Indicates the current market trend for each symbol as:
Bullish (Green text) if the price is above the calculated SuperTrend.
Bearish (Red text) if the price is below the calculated SuperTrend.
Signal: Highlights actionable trading signals:
Buy (Green text) if the price crosses above the SuperTrend.
Sell (Red text) if the price crosses below the SuperTrend.
None (Gray text) if no signal is triggered.
Volatility: Identifies market volatility as:
High (Orange text) when standard deviation is elevated.
Low (Gray text) when standard deviation is subdued.
Recommendation: Provides actionable advice:
Trade (Green text) if a Buy or Sell signal is active.
Wait (Gray text) if no trade is advised.
Positioning:
The table is positioned at the middle center of the chart for enhanced visibility and user convenience.
Customizable Settings:
ATR Length: Determines the calculation period for the Average True Range (ATR), used in volatility analysis.
SuperTrend Factor: Controls the multiplier for the ATR in the SuperTrend calculation.
Lagged and Non-Lagged M2 with Sensex (Anchored)Comparing SENSEX with Indian M2 Money Supply. Does Sensex price lags M2 by a few weeks?
The Magic Buy and Sell Signals IndicatorBuy and Sell Signals
This script provides buy and sell signals based on a dynamically adjusted volatility filter, using a smoothed range calculated through exponential moving averages (EMA). The indicator is designed to identify trend shifts based on the direction and strength of price movement.
Key Features:
Dynamic Filter:
The volatility filter adapts to market dynamics, minimizing noise and capturing significant price moves.
It uses a configurable sampling period and a multiplier to adjust sensitivity.
Buy and Sell Signals:
Generates signals when the price crosses the filter and confirms a trend shift.
The logic differentiates between trend reversals and continuations.
Ready-to-Use Alerts:
Configurable alerts to ensure traders never miss critical opportunities.
Customization:
Indicator parameters can be adjusted to fit different assets and timeframes.
How It Works:
The dynamic filter smooths price variations based on recent volatility.
Buy signals are generated when the price crosses above the filter and confirms an uptrend.
Sell signals occur similarly during downtrends.
Applications:
Identification of entry and exit points in volatile markets.
Suitable for trend-following or reversal-based strategies.
Usage Instructions:
Add the script to your chart.
Adjust the parameters to match your asset and timeframe.
Activate alerts to receive automatic buy/sell notifications.
Deviation Pro 3's - v2 [Market Masters]Welcome to the overview of the Deviation Pro 3's indicator, an advanced trading tool designed to help you identify market deviations with precision. This strategy leverages a powerful concept centered around the rule of 3's, providing you with clear signals and actionable insights to enhance your trading performance.
Core Concept: At the heart of the Deviation Pro 3's indicator is the idea of tracking price movements and deviations from the norm. It identifies moments when price action deviates significantly from its average behavior, allowing you to take advantage of potential reversals or trend continuations.
The key components of the indicator are based on three distinct deviation levels:
Deviation Level 1 - Minor deviation: The price begins to move away from its average. This level is typically used as an early warning signal, suggesting a potential shift in the market’s behavior.
Deviation Level 2 - Moderate deviation: At this stage, the price is showing a more significant movement away from the mean, indicating that a stronger market shift may be underway. Traders can start to prepare for possible entries or exits.
Deviation Level 3 - Major deviation: This is the critical level where the price has moved significantly from its norm, providing a high-probability signal for a reversal or trend exhaustion. It’s at this level where most traders will want to take decisive action, either entering or exiting positions.
How It Works: The Deviation Pro 3's indicator dynamically calculates these deviation levels in real-time, using a combination of price action analysis and statistical measures like standard deviation. It overlays these levels on your chart, providing visual cues to help you stay ahead of market movements.
When the price hits Deviation Level 1, you’ll get an early indication to watch for potential market changes.
At Deviation Level 2, the indicator reinforces the signal, suggesting that a stronger move is developing.
Finally, at Deviation Level 3, the market is highly likely to reverse or enter a new trend phase, offering a prime opportunity to capitalize.
The Deviation Pro 3's indicator gives traders a structured, systematic way to anticipate price movements based on deviation levels. By using these three tiers, you can make more informed, confident trading decisions, whether you're looking for reversals or trend continuation opportunities.
London - Session Breakout [Market Masters]The London Session Breakout Indicator is a cutting-edge tool tailored to harness the volatility and momentum of the London trading session. Designed for traders seeking to capitalize on the sharp price movements during this high-liquidity period, it highlights key breakout levels to guide precise and profitable trades.
Key Features:
Session Highs and Lows: Automatically identifies the pre-London trading range, marking crucial support and resistance levels.
Breakout Alerts: Notifies you when the price breaks out of the defined range, ensuring you’re ready to enter at optimal moments.
Dynamic Stop-Loss and Take-Profit Zones: Suggests calculated levels to manage risk effectively while maximizing reward.
Customizable Settings: Tailor the indicator to fit your trading style, whether you prefer scalping, day trading, or swing trading.
Multi-Timeframe Compatibility: Works seamlessly across different timeframes, enabling broader market analysis.
Benefits:
Peak Volatility Insights: Focuses on the most active market hours, leveraging the strong price movements typically seen at the start of the London session.
Time Efficiency: Saves time by automating the identification of breakout levels and key trading opportunities.
Enhanced Profitability: Designed to help traders make informed decisions during the session with the highest trading volume and volatility.
Whether you're looking to catch the early surge of the London open or develop a consistent breakout strategy, the London Session Breakout Indicator is an essential tool for traders aiming to dominate the forex market.
New York - Session Breakout [Market Masters]The New York Session Breakout Indicator is a powerful tool designed to capitalize on the high volatility and liquidity during the New York trading session. This indicator identifies key price levels formed during the pre-market hours and highlights potential breakout zones when the session officially begins.
Key Features:
Session Marking: Automatically maps the high and low of the pre-New York session, providing clear breakout levels for traders.
Breakout Zones: Highlights areas where price action is likely to break above resistance or below support, helping traders spot potential entry points.
Custom Alerts: Receive real-time notifications when breakouts occur, ensuring you never miss a trading opportunity.
Dynamic Targets: Includes recommended take-profit and stop-loss levels based on historical volatility and current market conditions.
Adaptability: Perfect for scalpers, day traders, and swing traders who want to harness the momentum of the New York session.
Benefits:
Enhanced Precision: Focuses your trading strategy on the most active market hours, when liquidity and price movement are at their peak.
Time-Saving: Eliminates the need for manual chart analysis by automating session-level identification and breakout monitoring.
Increased Confidence: Backed by robust historical data and market-tested strategies, this indicator enhances decision-making.
Whether you’re looking to catch quick profits during the initial New York session moves or build a longer-term strategy, the New York Session Breakout Indicator is your go-to tool for maximizing trading potential.
Quarterly Sine Wave with Moving Averages - AYNETDescription
Sine Wave:
The sine wave oscillates with a frequency determined by frequency.
Its amplitude (amplitude) and vertical offset (offset) are adjustable.
Moving Averages:
Includes options for different types of moving averages:
SMA (Simple Moving Average).
EMA (Exponential Moving Average).
WMA (Weighted Moving Average).
HMA (Hull Moving Average).
The user can choose the type (ma_type) and the length (ma_length) via inputs.
Horizontal Lines:
highest_hype and lowest_hype are horizontal levels drawn at the user-specified values.
Quarter Markers:
Vertical lines and labels (Q1, Q2, etc.) are drawn at the start of each quarter.
Customization Options
Moving Average Type:
Switch between SMA, EMA, WMA, and HMA using the dropdown menu.
Sine Wave Frequency:
Adjust the number of oscillations per year.
Amplitude and Offset:
Control the height and center position of the sine wave.
Moving Average Length:
Change the length for any selected moving average.
Output
This indicator plots:
A sine wave that oscillates smoothly over the year, divided into quarters.
A customizable moving average calculated based on the chosen price (e.g., close).
Horizontal lines for the highest and lowest hype levels.
Vertical lines and labels marking the start of each quarter.
Let me know if you need additional features! 😊
Cash Lab’s Buy & Sell Trading IndicatorCash Lab’s Buy & Sell Trading Indicator
This invite-only script is a comprehensive trading tool designed to help traders identify optimal entry and exit points using a highly adaptive trailing stop mechanism and robust trend-following logic. It empowers users with actionable insights in volatile and trending markets.
What Does This Script Do?
• Buy and Sell Signals: Highlights actionable buy and sell opportunities based on dynamic crossovers between price movements and a calculated trailing stop.
• Adaptive Volatility Control: Automatically adjusts stop levels using an ATR-based buffer to adapt to changing market conditions.
• Market Position Tracking: Clearly visualizes market positions (long/short) with bar coloring and signals.
Key Features:
1. Customizable Reactivity: Tailor the sensitivity of signals to match your trading style.
2. Multiple Price Sources: Option to analyze Heikin Ashi or traditional price data.
3. Clear Visual Markers: Includes buy/sell markers and color-coded bars for easy signal interpretation.
4. Alerts Integration: Get real-time alerts for buy and sell triggers, making it ideal for active trading.
5. No Repaint Or Fainting : The buy and sell signals giving by this indicator will not repaints or faint away.
How It Works:
The indicator calculates dynamic trailing stop levels based on the Average True Range (ATR), which tracks price volatility. Using these levels, the indicator identifies crossovers with an EMA to determine trend reversals and signal trade opportunities.
For example:
• When the price moves above the dynamically adjusted trailing stop, the script generates a buy signal, indicating a trend reversal or upward momentum.
• Conversely, when the price falls below the trailing stop, it triggers a sell signal, signaling downward momentum or a bearish trend.
This dynamic approach makes the script suitable for diverse trading styles, including scalping, swing trading, and long-term trend analysis.
Who Should Use This Indicator?
Cash Lab’s Buy & Sell Trading Indicator is ideal for traders of all skill levels looking for precision and reliability in their decision-making. Its adaptive framework ensures it performs well across varying market conditions, making it suitable for equities, forex, crypto, and more.
Usage Guide:
1. Adjust the sensitivity level to control signal sensitivity.
2. Enable Heikin Ashi Candles option to analyze Heikin Ashi data for smoother trend signals.
3. Use the alerts to monitor buy or sell triggers in real-time.
Why Choose Cash Lab’s Buy & Sell Trading Indicator?
Unlike generic tools, this script is engineered for adaptability and usability. It combines tried-and-tested concepts with custom logic to provide actionable insights that align with real market dynamics. Whether you’re a day trader or long-term investor, this indicator equips you with the tools to make better trading decisions.
Conclusion & Access:
Although I believe this indicator to be useful, it's critical to understand that past performance is not necessarily indicative of future results and there are many more factors that go into being a profitable trader.
You can see the Author's instructions below to get instant access to Cash Lab's Buy & Sell Trading Indicator.
Deshmukh TVWAP (Multi-Timeframe)The TVWAP is an indicator that calculates the average price of an asset over a specified period, but instead of giving equal weight to each price during the period, it gives more weight to the later time periods within the trading session. It is essentially the running average of the price as time progresses.
Time-Weighted Calculation: Each data point (close price) gets a weight based on how much time has passed since the start of the session. The more time that has passed, the more "weight" is given to that price point.
Session-Based Calculation: The TVWAP resets at the start of each trading session (9:15 AM IST) and stops calculating after the session ends (3:30 PM IST). This ensures that the indicator only reflects intraday price movements during the active market hours.
Working of the Indicator in Pine Script
Session Timing:
The session runs from 9:15 AM to 3:30 PM IST, which is the standard market session for the Indian stock market. The script tracks whether the current time is within this session.
At the start of the session, the script resets the calculations.
Time-Weighted Average Price Calculation:
Each time a new price data (close price) comes in, the script adds the closing price to a cumulative sum (cumulativePriceSum).
It also counts how many time intervals (bars) have passed since the session started using cumulativeCount.
The TVWAP value is updated in real-time by dividing the cumulative price sum by the number of bars that have passed (cumulativePriceSum / cumulativeCount).
Buy and Sell Signals:
The TVWAP can act as a dynamic support/resistance level:
Buy Signal: When the price is below the TVWAP line, the script plots a green "Buy" signal below the bar.
Sell Signal: When the price is above the TVWAP line, the script plots a red "Sell" signal above the bar.
The logic behind this is simple: if the price is below TVWAP, it might be undervalued, and if it's above, it could be overvalued, making it a good time to sell.
Plotting TVWAP:
The TVWAP line is plotted in blue on the chart to provide a visual representation of the time-weighted average price throughout the session.
It updates with each price tick, helping traders identify trends or reversals during the day.
Key Components and How They Work
Session Timing (sessionStartTime and sessionEndTime):
These are used to check if the current time is within the trading session. The TVWAP only calculates the average during active market hours (9:15 AM to 3:30 PM IST).
Cumulative Calculation:
The variable cumulativePriceSum accumulates the sum of closing prices during the session.
The variable cumulativeCount counts the number of time periods that have elapsed (bars, or ticks in the case of minute charts).
TVWAP Calculation:
The TVWAP is calculated by dividing the cumulative sum of the closing prices by the cumulative count. This gives a time-weighted average for the price.
Plotting and Signals:
The TVWAP value is plotted as a blue line.
Buy Signals (green) are generated when the price is below the TVWAP line.
Sell Signals (red) are generated when the price is above the TVWAP line.
Use Cases of TVWAP
Intraday Trading: TVWAP is particularly useful for intraday traders because it adjusts in real-time based on the average price movements throughout the session.
Scalping: For scalpers, TVWAP acts as a dynamic reference point for entering or exiting trades. It helps in identifying short-term overbought or oversold conditions.
Trend Confirmation: A rising TVWAP suggests a bullish trend, while a falling TVWAP suggests a bearish trend. Traders can use it to confirm the direction of the trend before taking trades.
Support/Resistance: The TVWAP can also act as a dynamic level of support or resistance. Prices below TVWAP are often considered to be in a support zone, while prices above are considered resistance.
Advantages of TVWAP
Time-Weighted: Unlike traditional moving averages (SMA or EMA), TVWAP focuses on time rather than price or volume, which gives more relevance to later price points in the session.
Adaptability: It can be used across various timeframes, such as 3 minutes, 5 minutes, 15 minutes, etc., making it versatile for both scalping and intraday strategies.
Actionable Signals: With clear buy/sell signals, TVWAP simplifies decision-making for traders and helps reduce noise.
Limitations of TVWAP
Intraday Only: TVWAP is a day-specific indicator, so it resets each session. It cannot be used across multiple sessions (like VWAP).
Doesn't Account for Volume: Unlike VWAP, which accounts for volume, TVWAP only considers time. This means it may not always be as reliable in extremely low or high-volume conditions.
Conclusion
The TVWAP indicator provides a time-weighted view of price action, which is especially useful for traders looking for a more time-sensitive benchmark to track price movements during the trading day. By working across all timeframes and providing actionable buy and sell signals, it offers a dynamic tool for scalping, intraday trading, and trend analysis. The ability to visualize price relative to TVWAP can significantly enhance decision-making, especially in fast-moving markets.
