Radonezh Kir-Mary Beauty edition

22 apr

Overview
Dedicated to rev. Kirill and Mary of Radonezh.

This indicator uniquely combines Cumulative Volume Delta (CVD) and price momentum with dynamic normalization to identify trend strength, reversals, supported by a combination of more traditional signal logic. Unlike traditional momentum oscillators, it integrates volume dynamics and advanced directional index to filter false signals and adapts to market volatility through automated scaling, offering a holistic view of price-action reliability.

Core Innovations

• Adapive Signals: Uses a proprietary correlation algorithm to weight momentum values, reducing noise in choppy markets.
  
  
• Lower timeframe entry points: (currently 1 minute only) and HTF line statuses for timeframe synchronisation (currently only 15 minutes and 1 hour status) for super-precise entry points
  
  
• Automatic drawing of resistance and support lines based on the proprietary algorithm for detecting volume/price synchronization and desynchronization levels.
  
  
• "Victor-predictor": price chart pointing line that shows where the price supposedly goes based on the machine-learning simulation with pine script based on the main 3 traditional classical indicators. Works independently from the rest of the indicator. Developed by @Skorcez (same team).
  
  
• Automatic recognition of possible long and short stop order placement levels. I do not filter them so use only within the general context of the indicator.
  

Key Features

• Volume-Price Correlation: CVD reflects institutional order flow, while price momentum quantifies trend acceleration.
  
  
• Auto-Scaling: Adjusts output range based on recent volatility (ATR), preventing overbought/oversold false positives.
  
  
• Visual Alerts: Marks divergence zones with colored trendlines and labels (regular/hidden bullish/bearish).
  

Unique Value
By fusing volume delta dynamics with momentum filtering, this script addresses a critical gap in traditional indicators that treat price and volume in isolation. The closed-source logic focuses on institutional accumulation/distribution patterns, providing actionable signals without repainting.

Compatible with all assets and timeframes. No promotional content or external links included.
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Trading strategy
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Position Signals via DEMA Momentum Line Coloration

The main indicator line (orange/black) determines entry/exits based on its color intensity, which reflects trend strength and confirmation from filtered signals. Here's how it works:

Long Positions (Green/Teal)
Weak Long:
Dark Green = Price momentum rising without volume/Machine Learning (ML) confirmation.

Example: main line turns green but lacks volume spikes or ML buy signals.

Strong Long:
Bright Green = Momentum confirmed by:

Volume Surge: Volume exceeds 1.5x 20-period average.

ML Confirmation: ML score > 0.7 with price above EMA20.

Post-Drop Recovery: Price rebounds after a >1% drop on high volume. (not active as of now, will add a bit later, still working on it)

Short Positions (Red/Orange)
Weak Short:
Orange = Momentum declines without bearish confirmation.

Strong Short:
Bright Red = Confirmed by:

Volume Divergence: Rising price with falling CVD momentum.
ML Bearish: ML score > 0.7 + price below EMA20.
Overextension: RSI > 70 + price above upper Bollinger Band.

Neutral (Gray)
Flat Momentum:
Gray = Momentum near zero (±0.05) + low volatility (ATR < 1% of price).
Action: Avoid trades until color intensifies or stay in a position with a trailing stoploss until it's clear where the market goes (use HTF signal colour table to know what to expect).

Key Features
Adaptive Confirmation:
Colors brighten when signals align across:

• Volume acceleration
  
• RSI and a few other extremes (oversold/overbought)
  
• Machine Learning predictions
  

Dynamic Risk Zones:
Gray areas highlight low-confidence periods, while bright colors mark high-probability entries.

Usage: Enter longs when the line turns bright green and exits when it fades to dark green/gray. Reverse for shorts. Combine with the built-in Victor-Predictor signals for optimal accuracy

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Plans to add soon:
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Dynamic Normalization: Scales CVD and price momentum to a fixed range (default: -20 to +20) using volatility-adjusted multipliers, ensuring consistent interpretation across assets/timeframes.

Divergence Detection: Flags discrepancies between volume-driven momentum (CVD) and price trends, highlighting potential reversals.

Adding 2 nearest psychological support and resistance levels.

27 apr

Note di rilascio

- Lower timeframe zoom box added (at the cost of making the script run significantly slower).
- On first indicator load it prompts the y-coordinates of the 3 subcharts (until automatic scaling is implemented)
- HTF trend colour stripe added for visual multi-timeframe synchronisation
- Added bollinger bands for best position opening search

Simple trading strategy:

- bright green line on greenish HTF trend for longs (ideally with a green dot).
- bright red line on red specter for shorts (ideally accompanied by a red dot).

Keep until opposite color shows up.

27 apr

Note di rilascio

minor improvement for laptop 1-screen users - by default LTF window is aligned with the main chart axis. However you can move it around as convenient by modifying chart2_axis and LTF_offset in settings.

27 apr

Note di rilascio

minor temporary fix for "script takes too long to load" error on 5-min timeframe

28 apr

Note di rilascio

updated version speed bug fixed, now loads in 5 seconds.
LTF zoom is working fine
slightly reconfigured

28 apr

Note di rilascio

updated, now it has 2 trend detection methods

one is a blue line which is a modified idea from Depson. If he's okay with it being part of my script i'll keep it.

other one is HTF colour stripe in the bottom, but it fails on maybe 10% of the last price move where price/volume divergences occur.

28 apr

Note di rilascio

added a clear legend to a chart for understanding how it works

29 apr

Note di rilascio

slight update - a box representing the candle range that is shown in LTF "zoom" area to the right of the chart for super-precise point of entry search

as per requested feature of multi-timeframe synchronisation