ORB opening range breakoutThis indicator plots the opening range high and low for a selected period of time in minutes after the market opens on an intraday chart to allow the user to visualize the high and low of the opening range for use in the Opening Range Breakout (ORB) strategy.
The Opening Range Breakout (ORB) strategy is a trading approach that involves identifying the price range within the first few minutes of a market session and then waiting for the price to break out of that range. This indicator facilitates this strategy through the use of shaded regions and/or price levels.
Features
Able to plot the high and low for any opening range above 1 min on any intraday timeframe
Fully customizable ORB region, price level, price axis, label
The inclusion of the Bollinger band along with it's Moving Average serves multiple purposes to assist the user in the opening range breakout strategy
Highlights to the user the deviation from the Moving Average due to an opening range breakout so that the user is better informed on whether to avoid entering a position, exit a position, or monitor the situation more closely
Highlights area of support or resistance formed by the Moving Average of Bollinger Band
Inform the user of the current trend direction to serve as confluence during an opening range breakout
What sets this indicator apart from others
In other ORB indicators, the opening range must be a multiple of the current chart's timeframe, restricting users on the intraday timeframes that can be used. E.g. if the user is using the 15 minutes opening range, they are restricted to use the 1, 3, 5, 15 minute(s) chart.
This indicator gives the user the flexibility to set any opening range above 1 min on any intraday timeframe. E.g. if the user is using the 15 minutes opening range, they are free to use any intraday timeframe on their chart, such as 1 hour or 2 hours chart.
How to use
Input the opening time range of interest in minutes
Check the "ORB region" checkbox to shade the ORB region
Check the "PRICE LEVEL" checkbox to draw a horizontal line of the high and low
Check the "PRICE AXIS" checkbox to plot the values on the price axis
Check the "LABEL" checkbox to draw a label of the high and low
Индикаторы и стратегии
OHLC MeansNote: This indicator works only on daily timeframes.
The indicator calculates the OHLC averages for days corresponding to the day of the last displayed candlestick. For instance, if the last candlestick displayed is Monday, it calculates the OHLC average for all Mondays; if Tuesday, it does the same for all Tuesdays.
Customizable period: The indicator allows you to select the number of candlesticks to analyze, with a default value of 1000. This means it will consider the last 1000 candlesticks before the final displayed one. Assuming there are only five trading days per week, this corresponds to about 200 days. (not true for cryptos, you need to devide by 7)
Example scenario:
Today is Tuesday and we analyse NQ
By default, the indicator analyzes the last 1000 candlesticks (modifiable parameter).
Since there are five trading days in a week,
1000 ÷ 5 = 200
The indicator calculates the OHLC averages for the last 200 Tuesdays, corresponding to the past seven years. Of course it is not exactly 200 becauses the may be one tuesday where the market is closed (if christmas is on tuesday for instance)
Output:
Displays four daily averages as four lines with their levels as labels :
High and Low averages are displayed at the extremes.
Open and Close averages are displayed at the center.
Color coding:
Red indicates bearish movement.
Green indicates bullish movement.
Usage recommendations:
Best suited for assets with a significant historical dataset.
Only functional on daily timeframes.
MAG 7 - Weighted Multi-Symbol Momentum + ExtrasOverview
This indicator aggregates the percentage change of multiple symbols into a single “weighted momentum” value. You can set individual weights to emphasize or de-emphasize particular stocks. The script plots two key items:
The default tickers in the script are:
AAPL (Apple)
AMZN (Amazon)
NVDA (NVIDIA)
MSFT (Microsoft)
GOOGL (Alphabet/Google)
TSLA (Tesla)
META (Meta Platforms/Facebook)
Raw Weighted Momentum (Histogram):
Each bar represents the combined (weighted) percentage change across your chosen symbols for that bar.
Bars are colored green if the momentum is above zero, or red if below zero.
Smoothed Momentum (Yellow Line):
An Exponential Moving Average (EMA) of the raw momentum for a smoother trend view.
Helps visualize when short-term momentum is accelerating or decelerating relative to its average.
Features
Symbol Inputs: Up to seven user-defined tickers, with weights for each symbol.
Smoothing Period: Set a custom lookback length to calculate the EMA (or switch to SMA in the code if you prefer).
Table Display: A built-in table in the top-right corner lists each symbol’s real-time percentage change, plus the total weighted momentum.
Alerts:
Configure alerts for when the weighted momentum crosses above or below user-defined thresholds.
Helps you catch major shifts in sentiment across multiple symbols.
How To Use
Select Symbols & Weights: In the indicator’s settings, specify the tickers you want to monitor and their corresponding weights. Weights default to 1 (equal weighting).
Watch the Bars vs. Zero:
Bars above zero mean a positive weighted momentum (the basket is collectively moving up).
Bars below zero mean negative weighted momentum (the basket is collectively under pressure).
Check the Yellow Line: The EMA of momentum.
If the bars consistently stay above the line, short-term momentum is stronger than its recent average.
If the bars dip below the line, momentum is weakening relative to its average.
Review the Table: Quick snapshot of each symbol’s daily percentage change plus the total basket momentum, all color-coded red or green.
Caution & Tips
This indicator measures rate of change, not absolute price levels. A rising momentum can still be part of a larger downtrend.
Always combine momentum readings with other technical and/or fundamental signals for confirmation.
For better reliability, experiment with different smoothing lengths to suit your trading style (shorter for scalping, longer for swing or positional approaches).
Data TransformerIt is a data transformer. Is something TradingView lacks right now.
It is simple, it lets you transform the symbol of the chart into this options:
% change
change
QoQ change
QoQ change %
YoY change
YoY change %
Drawdawn %
Drawdawn
Cumulative
Multi-Stock Price AlertThis indicator is designed to track up to 25 stock tickers and trigger price alerts whenever their respective price targets are reached. The indicator allows users to input ticker symbols and corresponding price targets for multiple stocks. It continuously monitors the stock prices and generates alerts when the current price crosses or equals the specified target.
Previous_DWMQY_High/Low & PivotsThis script calculates high/low pivots for different timeframes (daily, weekly, monthly, quarterly, and yearly). You have various pivot point calculation methods (Traditional, Fibonacci, Woodie, Classic, DM, Camarilla) and have inputs that allow customization of the indicator. The script also accounts for custom year-based calculations (bi-yearly, tri-yearly, quinquennially, decennially).
The first part of your code calculates the high and low levels for different timeframes, which are plotted on the chart as crosses. The second part involves the pivot point calculations, where the user selects the type of pivot point calculation (Traditional, Fibonacci, etc.), the timeframe for pivots, and other display settings.
PreannFXExplanation of the PreannFX indicator:
Candle Body Size:
The body of the current candle is larger than the previous candle.
Bullish Engulfing:
The current candle closes higher than the previous candle's high.
The body size is larger than the previous candle.
Bearish Engulfing:
The current candle closes lower than the previous candle's low.
The body size is larger than the previous candle.
Entry and Exit:
Bullish: Enter at the previous candle's open or high, stop loss at the previous low, and take profit is 1:1 with the stop loss.
Bearish: Enter at the previous candle's open or low, stop loss at the previous high, and take profit is 1:1 with the stop loss.
Visualization:
Green upward arrows for bullish engulfing patterns.
Red downward arrows for bearish engulfing patterns.
GocchiMulti-Indicator: RSI & Moving Averages
This versatile TradingView indicator combines two essential tools for technical analysis—Relative Strength Index (RSI) and Moving Averages (MAs)—into one comprehensive solution. It is designed for traders seeking flexibility, customization, and efficiency in their charting experience.
Features:
Relative Strength Index (RSI):
Customizable RSI length.
Adjustable overbought and oversold levels.
Selectable source input (e.g., close, open, high, low).
Visual levels for overbought and oversold zones, aiding in quick trend and momentum identification.
Three Moving Averages:
Three independently customizable moving averages.
Options for Simple Moving Average (SMA) or Exponential Moving Average (EMA) for each line.
Adjustable lengths for short-, medium-, and long-term trend tracking.
Visual Enhancements:
Clear, color-coded plots for RSI and each moving average.
Overbought and oversold zones are highlighted with horizontal dotted lines.
Alerts:
Get notified when RSI crosses above the overbought level or below the oversold level.
Alerts help traders stay on top of potential market reversals or breakout opportunities.
Use Cases:
RSI Analysis: Spot overbought or oversold conditions to identify potential reversals.
Trend Following: Use moving averages to confirm trends or identify crossovers for potential entry and exit points.
Custom Strategies: Tailor the settings to fit specific trading styles, such as scalping, swing trading, or long-term investing.
This all-in-one indicator streamlines your analysis by reducing the need for multiple overlays, making your charts cleaner and more actionable. Whether you're a novice or an experienced trader, this tool provides the flexibility and insights you need to succeed in any market condition.
Multi-Indicator: RSI & Moving AveragesMulti-Indicator: RSI & Moving Averages
Multi-Indicator: RSI & Moving Averages
Multi-Indicator: RSI & Moving Averages
Volume Profile Auto [line] v2 code is credited to juliangonzaconde. Have taken his help to modify his beautiful creation.
Volume profile is a key study when comes to understanding the auction trading process. Volume Profiles will show you exactly how much volume, as well as relative volume, occurred at each price as well as the exact number of contracts for the entire session. It is a visualization tool to understand the high activity zone and low activity zone.
Volume profile measures the confidence of the traders in the market. From short term trading perspective monitoring the developing volume profile in realtime make more sense to track current market participation behavior to take better trading decisions.
Hope this helps you in trading on daily timeframe.
Happy Trading.
Dashed DMI by Cryptos RocketThe Directional Movement Index (DMI) is a well-known indicator in technical analysis, created by J. Welles Wilder. It is designed to identify the strength of a trend in a given market, providing traders with insights into both the direction and momentum of price movements. This script is a custom implementation of the DMI that plots the ADX (Average Directional Index), +DI (Positive Directional Indicator), and -DI (Negative Directional Indicator).
Dashed DMI Key Features:
1. Directional Movement Indicators:
- The ADX line, shown in orange, helps determine the strength of the trend without indicating its direction. Values above 25 suggest a strong trend, while values below 20 indicate a weak trend.
- The +DI line, shown in green, measures the strength of upward movement in the price. It identifies if the market is experiencing a strong uptrend.
- The -DI line, shown in red, measures the strength of downward price movement. It signals when there is a strong downtrend.
2. Customizable Dashed Line:
- The script includes a customizable dashed line, which represents a critical level on the chart that traders can use as a reference. The dashed line is adjustable through the script’s settings, allowing the trader to set a desired level, color, style, and thickness. The default level is set to 30, a common threshold in trend-following systems, but users can change it according to their preferences.
- The dashed line’s transparency and visibility can be toggled using the input settings, making it adaptable to different trading strategies or visual preferences.
3. Alerts:
- The script provides customizable alert conditions based on the relationship between the ADX, +DI, and -DI lines with the dashed line. These alerts include:
- When ADX crosses above or below the dashed line, signaling a shift in trend strength.
- When +DI or -DI cross the dashed line, indicating a change in the trend's directionality (bullish or bearish).
- Alerts for crossovers (when one line crosses another) and crossunders (when one line falls below another), which provide key entry or exit signals for traders.
4. Customizable Visual Parameters:
- The script is designed with flexibility in mind. The user can modify the line styles, thickness, and colors. The ADX is plotted in orange with a thickness of 2, the +DI is plotted in green, and the -DI is plotted in red. These lines’ thicknesses can be customized, ensuring that they remain visible regardless of the timeframe or chart zoom level.
- The script also provides options to adjust the dashed line’s color and style (solid, dotted, or dashed), enabling a fully customized charting experience that suits individual preferences.
Understanding the Components of the DMI
1. ADX (Average Directional Index):
The ADX is a smoothed version of the difference between the +DI and -DI lines, used to measure the strength of a trend. It does not provide any directional indication but simply quantifies whether the trend is strong or weak.
- Strength Indicators: A rising ADX indicates a strengthening trend, while a falling ADX signals weakening trend strength. Traders often consider an ADX reading above 25 as an indication of a strong trend, either up or down, and readings below 20 as suggesting a lack of trend or a sideways market.
- The ADX is plotted in the script using an orange color, making it easy for traders to distinguish it from the directional lines.
2. +DI (Positive Directional Indicator):
The +DI line measures the strength of upward price movement. It rises when the market’s upward movement is stronger than its downward movement.
- A rising +DI is a signal that the market is moving in a bullish direction. When +DI crosses above the -DI, it can indicate the start of an uptrend.
- The +DI is plotted in green, representing bullish momentum.
3. -DI (Negative Directional Indicator):
The -DI line tracks the strength of downward price movement. It rises when the market’s downward movement is stronger than its upward movement.
- A rising -DI suggests bearish momentum, and when the -DI crosses above the +DI, it can signal the beginning of a downtrend.
- The -DI is plotted in red, symbolizing bearish momentum.
Customizable Inputs and Settings
This DMI script allows traders to adjust several parameters based on their preferences:
- ADX Smoothing (lensig): This setting controls the smoothing of the ADX line, with values ranging from 1 to 50. A larger smoothing value can help reduce noise in the ADX and make trends clearer, while a smaller value reacts more quickly to price changes.
- DI Length (len): This input controls the period used for calculating the +DI and -DI lines. A shorter period results in a more sensitive indicator, whereas a longer period produces smoother, more stable signals.
- Dashed Line Settings: Traders can choose to show or hide the dashed line and can adjust its level, color, thickness, and style. This customization allows traders to adapt the indicator to their specific strategies and charting preferences.
Alerts and Signals
With the alert conditions set up in the script, traders can receive notifications when critical events occur, such as:
- ADX Crossing Above/Below the Dashed Line: This is typically a signal of an emerging trend.
- +DI and -DI Crossovers and Crossunders: These are valuable signals for identifying potential entry and exit points in trending markets.
Conclusion
This custom DMI Pine Script provides traders with a powerful tool to analyze market trends in real-time. By visualizing the ADX, +DI, and -DI indicators with customizable inputs, this script enables traders to gauge the strength and direction of a trend and make informed decisions about their trading strategies. The ability to set alerts based on specific conditions adds another layer of automation, ensuring that traders never miss an important signal. The script’s flexibility allows it to be adapted for various trading styles and market conditions, making it an invaluable addition to any trader’s toolkit.
BOS with Order Flow, EMA Trend Filter, and High Win Ratecreated hans hoolash to improve on HTF used chat gpt
Ahtep 11
Here’s a brief description for your indicator:
Custom FCPO Indicator with Buy/Sell Signals
This custom indicator combines multiple technical analysis tools to generate buy and sell signals for FCPO trading. It uses two exponential moving averages (EMA) to identify market trends, Stochastic RSI for momentum analysis, and volume thresholds to filter signals. When the short EMA crosses above the long EMA with oversold conditions on the Stochastic RSI and high volume, a buy signal is triggered. Conversely, a sell signal is generated when the short EMA crosses below the long EMA with overbought conditions on the Stochastic RSI and high volume. The indicator also provides entry, stop loss, and target levels based on the market conditions.
Feel free to modify or expand this description based on your needs! Let me know if you'd like to make any adjustments.
Supertrend with EMA - AjaySupertrend with EMA shows strength in Trend.
50 EMA is good for trend. and Supertrend with ATR give better stoploss.
Altcoin Exit Signal👉 This indicator is designed to help traders identify optimal times to sell altcoins during the peak of a bull market. By analyzing the historical ratio of the "OTHERS" market cap (all altcoins excluding the top 10) to Bitcoin, it signals when altcoins are nearing their cycle peaks and may be due for a decline. This is a good indicator to use for smaller altcoins outside of the top 10 by marketcap. Designed to be used on the daily timeframe.
⭐ YouTube: Money On The Move
⭐ www.youtube.com
⭐ Crypto Patreon: www.patreon.com
👉 HOW TO USE: Historically, when the white line touches or crosses the red line, it has signaled that the top of the altcoin market cycle is approaching, making it an ideal time to consider exiting altcoins before a potential decline. While the primary focus is on smaller altcoins, this tool can also be useful for larger coins by identifying trends and shifts in market dominance. The indicator uses a predefined threshold tailored for smaller altcoins as a key signal for an exit strategy.
Disclaimer: As with all indicators, past performance is not indicative of future results. Cryptocurrency trading involves significant risk and can result in the loss of your investment. This indicator should not be considered as financial advice, nor is it a recommendation to buy or sell any financial asset. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. Trading cryptocurrencies is speculative and inherently volatile, and you should only trade with money you are willing to lose.
DrNon Supertrend Strategy With Date FilterHow This Works
1. User Inputs for Date Range
• You specify a Start Date (Year, Month, Day) and an End Date (Year, Month, Day).
2. Create Timestamps
• startTime and endTime define the exact Unix timestamps for when you want the strategy to begin and stop taking trades.
3. Filtering Condition
• inDateRange is true only if the current bar’s time lies between startTime and endTime.
4. Conditional Trading
• The trading logic (entries) executes only if inDateRange is true.
5. Supertrend Logic
• Pine Script’s ta.supertrend() returns .
• We monitor ta.change(direction) to detect switching signals for Long or Short.
Detecting Sideways Market or Strong Trends| Copy Trade Tungdubai**Tool Description**:
The **"Detecting Sideways Market or Strong Trends | Copy Trade Tungdubai"** tool is designed to help traders identify two key market conditions:
1. **Sideways Market**:
- This condition is detected when the ADX is below 20, the price stays within the Bollinger Bands, and the RSI is between 45 and 55.
- When the market is sideways, the chart background will turn yellow as a visual alert.
2. **Strong Trend Market**:
- This condition is identified when the ADX is above 25, and either the price breaks out of the Bollinger Bands or the RSI surpasses the overbought (70) or oversold (30) levels.
- When the market is in a strong trend, the chart background will turn blue as a visual alert.
**Key Components of the Tool**:
- **ADX**: Measures the strength of the market trend, with key thresholds at 20 and 25.
- **Bollinger Bands**: Helps determine volatility and checks if the price is within or outside the bands.
- **RSI**: Measures momentum, helping identify overbought and oversold levels.
**Visual Features on the Chart**:
- ADX, RSI, and Bollinger Bands are clearly plotted with their respective key thresholds for easier recognition of market conditions.
- The chart background changes color to reflect the current market condition (yellow for sideways, blue for strong trends).
**Alerts**:
- Alerts are triggered when the market enters either a sideways or strong trend phase, providing notifications to help users act promptly.
This tool serves as a practical aid in recognizing market conditions, allowing traders to make informed decisions aligned with their strategies.
**Mô tả công cụ**:
Công cụ **"Detecting Sideways Market or Strong Trends | Copy Trade Tungdubai"** được thiết kế để giúp các nhà giao dịch xác định hai trạng thái chính của thị trường:
1. **Thị trường đi ngang (Sideways)**:
- Điều kiện được xác định dựa trên chỉ số ADX thấp hơn ngưỡng 20, giá nằm trong dải Bollinger Bands, và chỉ số RSI dao động trong khoảng từ 45 đến 55.
- Khi thị trường đi ngang, nền của biểu đồ sẽ chuyển sang màu vàng để cảnh báo trực quan.
2. **Thị trường bùng nổ sóng mạnh (Strong Trend)**:
- Điều kiện được xác định khi ADX vượt qua ngưỡng 25 và giá phá vỡ dải Bollinger Bands (hoặc) chỉ số RSI vượt ngưỡng quá mua 70 hoặc quá bán 30.
- Khi thị trường bùng nổ sóng mạnh, nền biểu đồ sẽ chuyển sang màu xanh để cảnh báo trực quan.
**Các thành phần chính của công cụ**:
- **ADX**: Được sử dụng để đo sức mạnh xu hướng thị trường, với các ngưỡng quan trọng là 20 và 25.
- **Bollinger Bands**: Được sử dụng để xác định mức độ biến động và kiểm tra giá nằm trong hay ngoài dải.
- **RSI**: Dùng để đo mức độ quá mua/quá bán, xác định động lượng giá.
**Hiển thị trên biểu đồ**:
- Các đường ADX, RSI, và Bollinger Bands được vẽ rõ ràng, cùng với các ngưỡng quan trọng (hỗ trợ nhận biết trạng thái thị trường).
- Nền biểu đồ thay đổi màu sắc tương ứng với điều kiện thị trường.
**Cảnh báo**:
- Cảnh báo sẽ được kích hoạt khi thị trường rơi vào trạng thái đi ngang hoặc bùng nổ sóng mạnh, với các thông báo giúp người dùng hành động kịp thời.
Công cụ này là một trợ thủ hữu ích trong việc nhận biết trạng thái thị trường, từ đó giúp các nhà giao dịch đưa ra quyết định phù hợp với chiến lược của mình.
Triple Confluence Strategy-nishant200 EMA: A yellow line showing the 200-period Exponential Moving Average.
VWAP: A blue line showing the Volume Weighted Average Price.
Pivot Points: A purple line for the pivot point, red lines for support levels, and green lines for resistance levels.
Buy/Sell Markers: Green labels below the bars for Buy signals and Red labels above the bars for Sell signals.
Confluence Zone Highlights: Background color changes to green for Buy and red for Sell signals.
Volume Standard Deviation Alert GusPurpose
The script detects and alerts traders when the volume of a trading asset significantly exceeds a calculated threshold based on the standard deviation of volume over a specified lookback period. It optionally filters these alerts based on whether the price action is bullish or bearish.
Key Components
Inputs
lookback (default: 20)
The number of bars to consider when calculating the moving average and standard deviation of volume.
stdDevFactor (default: 2.0)
The multiplier for the standard deviation to determine the threshold for a volume spike.
alertOnClose (default: true)
Determines whether alerts should only be triggered after the bar has closed.
checkBullBear (default: false)
Enables filtering of alerts based on the bullishness or bearishness of the bar.
Calculations
volSMA
The simple moving average (SMA) of the volume over the lookback period.
volStd
The standard deviation of the volume over the lookback period.
threshold
The alert threshold is calculated as:
Threshold
=
volSMA
+
(
stdDevFactor
×
volStd
)
Threshold=volSMA+(stdDevFactor×volStd)
isBullish & isBearish
Determines whether the current bar is bullish (close > open) or bearish (close < open).
volumeSpikeCondition
A condition that triggers when the current volume exceeds the calculated threshold.
bullishCondition & bearishCondition
Refines the spike condition by requiring the bar to be bullish or bearish when checkBullBear is enabled.
finalCondition
The ultimate alert condition based on the user’s preference for bullish/bearish filtering.
finalTrigger
Ensures the alert only triggers at bar close if alertOnClose is set to true.
Visualization
Plots the SMA of the volume (volSMA) and the threshold line (threshold), helping traders visually understand the conditions.
Histograms the current volume and colors the bars:
Red: Volume exceeds the threshold.
Blue: Volume is below the threshold.
Alerts
The script generates an alert message when the finalTrigger condition is met:
"Bullish Volume Spike!" if the bar is bullish.
"Bearish Volume Spike!" if the bar is bearish.
"High Volume Spike!" if no bull/bear filter is applied.
Alerts are sent using alert() with the message and set to trigger once per bar close.
Usage
Traders can use this script to identify unusual volume activity, which often precedes significant price movements.
Customizability allows traders to tune the lookback period, standard deviation multiplier, and whether to filter for bullish/bearish spikes.
Visual and audible cues help in identifying important market events in real time.
This indicator is particularly useful for spotting market breakouts or breakdowns driven by high trading activity.
BBSS+This Pine Script implements a custom indicator overlaying Bollinger Bands with additional features for trend analysis using Exponential Moving Averages (EMAs). Here's a breakdown of its functionality:
Bollinger Bands:
The script calculates the Bollinger Bands using a 20-period Simple Moving Average (SMA) as the basis and a multiplier of 2 for the standard deviation.
It plots the Upper Band and Lower Band in red.
EMA Calculations:
Three EMAs are calculated for the close price with periods of 5, 10, and 40.
The EMAs are plotted in green (5-period), cyan (10-period), and orange (40-period) to distinguish between them.
Trend Detection:
The script determines bullish or bearish EMA alignments:
Bullish Order: EMA 5 > EMA 10 > EMA 40.
Bearish Order: EMA 5 < EMA 10 < EMA 40.
Entry Signals:
Long Entry: Triggered when:
The close price crosses above the Upper Bollinger Band.
The Upper Band is above its 5-period SMA (indicating momentum).
The EMAs are in a bullish order.
Short Entry: Triggered when:
The close price crosses below the Lower Bollinger Band.
The Lower Band is below its 5-period SMA.
The EMAs are in a bearish order.
Trend State Tracking:
A variable tracks whether the market is in a Long or Short trend based on conditions:
A Long trend continues unless conditions for a Short Entry are met or the Upper Band dips below its average.
A Short trend continues unless conditions for a Long Entry are met or the Lower Band rises above its average.
Visual Aids:
Signal Shapes:
Triangle-up shapes indicate Long Entry points below the bar.
Triangle-down shapes indicate Short Entry points above the bar.
Bar Colors:
Green bars indicate a Long trend.
Red bars indicate a Short trend.
This script combines Bollinger Bands with EMA crossovers to generate entry signals and visualize market trends, making it a versatile tool for identifying momentum and trend reversals.
Custom Trend TableManual input of trend starting with Daily Time frame, then H4 and H1.
If Daily and H4 are the same trend we can ignore H1 trend (N/A).
M15 Buy or Sell comes automatically depending on what the higher time frame trends are.
If Daily and H4 are bearish, then we look for Selling opportunities on M15.
If Daily and H4 are bullish, then we look for Buying opportunities on M15.
If Daily and H4 are different trends, then H1 trend will determine M15 Buy or Sell.
Works for up to 4 pairs / Symbols. If you need more, just add the indicator twice and on the second settings, move the placement of the table to a different location (Eg: Top, Middle) so you can see up to 8 Symbols. Repeat this process if required.
Single Candle Entry with Multi-Timeframe [Wang Indicators]
Single candle entry
Overview : The "Single Candle Entry Model" indicator is designed to help traders through a simple yet effective trading strategy. This indicator automatically detects candles that encompass both the high and low of the previous candle, creating key price zones for potential market entries.
- This indicator was developed with the help of @DaveTeaches -
How does it works ?
Detects when a candle trade above the high and below the low of the previous candle
When it occur, the indicator write "SCE" on the candle
The text will be in different color if its bearish or bullish (customizable by user)
Higher Timeframes
Users can enable up to 3 HTF SCE detection to enhance multi timeframe analysis.
Users can select which timeframe he want to use
Boxes will be displayed around High time frame SCE to highlight the HTF candle.
As regular SCE, the indicator will write "SCE" above or under the box
How does it helps users ?
Once the SCE is created, it can be used as a zone.
Levels (30, 50 and 70%) are displayed
Users can customize their apparence as they see fit
The 30 - 50 - 70 levels are support/resistance that the price tend to bounce of off
You might find some success looking for an entry inside the zone at a level if price gives further confirmations such as a lower time frame flip or using other indicators
Alert can be setup on any timeframe
Dynamic Market ScannerDynamic Market Scanner is a powerful tool for analyzing financial markets, combining a variety of indicators to provide clear and understandable signals.
Key Features:
- Signal Generation:
The main signals "Buy", "Sell", and "Hold" are formed based on the analysis of indicators:
- MACD
- RSI
- SMA
- EMA
- WMA
- Hull MA
Additional Analytical Tools:
- ATR is used to assess volatility and helps to understand the risk of the current market situation.
- SMA Ichimoku does not generate signals but is used to assess their accuracy.
- If the price is above the SMA, "Buy" signals are more likely, as this confirms the strength of the upward movement.
- If the price is below the SMA, "Buy" signals require additional confirmations.
Dashboard:
Displays the current price position relative to the indicators, helping the trader understand how strong or weak the current signals are.
Advantages of Using:
1. Signal Filtering:
The price position relative to the SMA Ichimoku helps to assess the likelihood of successful trades.
2. Volatility Analysis:
ATR provides additional information about risks and market fluctuations.
3. Comprehensive Approach:
Signal generation is based on a combination of key indicators, offering a multifaceted view of the market.
Explanation of Percent Calculation in the Table:
- The table shows the values of indicators such as MACD, ATR, EMA, SMA, WMA, and Hull MA in percentages. Percentages are calculated based on the current value of the indicator relative to its maximum and minimum.
- Percentages are displayed for each indicator, allowing traders to assess market conditions based on their current values.
Dynamic Market Scanner will become a reliable assistant in your technical analysis toolkit, providing a comprehensive overview of market conditions and helping to make informed trading decisions.
