Auto Support Resistance Channels [TradingFinder] Top/Down Signal🔵 Introduction
In technical analysis, a price channel is one of the most widely used tools for identifying and tracking price trends. A price channel consists of two parallel trendlines, typically drawn from swing highs (resistance) and swing lows (support). These lines define dynamic support and resistance zones and provide a clear framework for interpreting price fluctuations.
Drawing a channel on a price chart allows the analyst to more precisely identify entry points, exit levels, take-profit zones, and stop-loss areas based on how the price behaves within the boundaries of the channel.
Price channels in technical analysis are generally categorized into three types: upward channels with a positive slope, downward channels with a negative slope, and horizontal (range-bound) channels with near-zero slope. Each type offers unique insights into market behavior depending on the price structure and prevailing trend.
Structurally, channels can be formed using either minor or major pivot points. A major channel typically reflects a stronger, more reliable structure that appears on higher timeframes, whereas a minor channel often captures short-term fluctuations or corrective movements within a larger trend.
For instance, a major downward channel may indicate sustained selling pressure across the market, while a minor upward channel could represent a temporary pullback within a broader bearish trend.
The validity of a price channel depends on several factors, including the number of price touches on the channel lines, the symmetry and parallelism of the trendlines, the duration of price movement within the channel, and price behavior around the median line.
When a price channel is broken, it is generally expected that the price will move in the breakout direction by at least the width of the channel. This makes price channels especially useful in breakout analysis.
In the following sections, we will explore the different types of price channels, how to draw them accurately, the structural differences between minor and major channels, and key trade interpretations when price interacts with channel boundaries.
Up Channel :
Down Channel :
🔵 How to Use
A price channel is a practical tool in technical analysis for identifying areas of support, resistance, trend direction, and potential breakout zones. The structure consists of two parallel trendlines within which price fluctuates.
Traders use the relative position of price within the channel to make informed trading decisions. The two primary strategies include range-based trades (buying low, selling high) and breakout trades (entering when price exits the channel).
🟣 Up Channel
In an upward channel, price moves within a positively sloped range. The lower trendline acts as dynamic support, while the upper trendline serves as dynamic resistance. A common strategy involves buying near the lower support and taking profit or selling near the upper resistance.
If price breaks below the lower trendline with strong volume or a decisive candle, it can signal a potential trend reversal. Channels constructed from major pivots generally reflect dominant uptrends, while those based on minor pivots are often corrective structures within a broader bearish movement.
🟣 Down Channel
In a downward channel, price moves between two negatively sloped lines. The upper trendline functions as resistance, and the lower trendline as support. Ideal entry for short trades occurs near the upper boundary, especially when confirmed by bearish price action or a resistance level.
Exit targets are typically located near the lower support. If the upper boundary is broken to the upside, it may be an early sign of a bullish trend reversal. Like upward channels, a major down channel represents broader selling pressure, while a minor one may indicate a brief retracement in a bullish move.
🟣 Range Channel
A horizontal or range-bound channel is characterized by price oscillating between two nearly flat lines. This type of channel typically appears during sideways markets or periods of consolidation.
Traders often buy near the lower boundary and sell near the upper boundary to take advantage of contained volatility. However, fake breakouts are more frequent in range-bound structures, so it is important to wait for confirmation through candlestick signals and volume. A confirmed breakout beyond the channel boundaries can justify entering a trade in the direction of the breakout.
🔵 Settings
Pivot Period :This parameter defines how sensitive the channel detection is. A higher value causes the algorithm to identify major pivot points, resulting in broader and longer-term channels. Lower values focus on minor pivots and create tighter, short-term channels.
🔔 Alerts
Alert Configuration :
Enable or disable the full alert system
Set a custom alert name
Choose the alert frequency: every time, once per bar, or on bar close
Define the time zone for alert timestamps (e.g., UTC)
Channel Alert Types :
Each channel type (Major/Minor, Internal/External, Up/Down) supports two alert types :
Break Alert : Triggered when price breaks above or below the channel boundaries
React Alert : Triggered when price touches and reacts (bounces) off the channel boundary
🎨 Display Settings
For each of the eight channel types, you can customize:
Visibility : show or hide the channel
Auto-delete previous channels when new ones are drawn
Style : line color, thickness, type (solid, dashed, dotted), extension (right only, both sides)
🔵 Conclusion
The price channel is a foundational structure in technical analysis that enables traders to analyze price movement, identify dynamic support and resistance zones, and locate potential entry and exit points with greater precision.
When constructed properly using minor or major pivots, a price channel offers a consistent and intuitive framework for interpreting market behavior—often simpler and more visually clear than many other technical tools.
Understanding the differences between upward, downward, and range-bound channels—as well as recognizing the distinctions between minor and major structures—is critical for selecting the right trading strategy. Upward channels tend to generate buying opportunities, downward channels prioritize short setups, and horizontal channels provide setups for both mean-reversion and breakout trades.
Ultimately, the reliability of a price channel depends on various factors such as the number of touchpoints, the duration of the channel, the parallelism of the lines, and how the price reacts to the median line.
By taking these factors into account, an experienced analyst can effectively use price channels as a powerful tool for trend forecasting and precise trade execution. Although conceptually simple, successful application of price channels requires practice, pattern recognition, and the ability to filter out market noise.
Bande e canali
Trend Breakout [Uncle Sam Trading]Trend Breakout Indicator
Overview
The Trend Breakout Indicator is a powerful, non-repainting tool designed to help traders identify high-probability breakout and trend reversal setups on any market and timeframe. By leveraging pivot points, this indicator draws dynamic support and resistance channels, highlights counter-trend breakouts, and provides visual cues for market direction. It’s ideal for traders looking to simplify their analysis while targeting key price levels for entries and exits.
Key Features
Pivot-Based Channels: Draws a red upper channel (resistance) and a green lower channel (support) by connecting recent pivot highs and lows.
Counter-Trend Breakout Signals:
Blue “CT Breakup” signal (▲) when the price breaks above the upper channel during a downtrend, indicating a potential reversal or pullback.
Orange “CT Breakdown” signal (▼) when the price breaks below the lower channel during an uptrend, signaling a potential downmove.
Trend Visualization: Background color shifts to green for uptrends and red for downtrends, making it easy to gauge market direction.
Customizable Settings: Adjust pivot detection sensitivity with “Pivot Left Bars” (default: 5) and “Pivot Right Bars” (default: 1), and control channel extension with “Channel Extension Bars” (default: 50).
Optional Trend Signals: Enable “Show Trend Change Signals” to display trend shifts with green (uptrend) or red (downtrend) arrows.
Alert Conditions: Set alerts for counter-trend breakouts and trend changes directly on TradingView.
Example Performance (BTCUSDT, 1-Hour Chart)
On the BTCUSDT 1-hour chart:
A “CT Breakdown” signal appeared on April 6 at 8:00 AM at $82,700, followed by a drop to $74,400 within hours—a 10% move.
A “CT Breakup” signal occurred on April 9 at 1:00 AM at $76,600, leading to a rally to $86,600 in a few hours—a 9% gain.
These examples highlight the indicator’s ability to spot significant price movements, though results depend on market conditions, your trading style, and risk management.
Settings
Pivot Left Bars (default: 5): Number of bars to the left for pivot detection.
Pivot Right Bars (default: 1): Number of bars to the right for pivot confirmation (ensures non-repainting signals).
Channel Extension Bars (default: 50): How far the channels extend to the right.
Show Pivot Points (default: true): Displays small triangles at pivot highs (maroon) and lows (navy).
Show Counter-Trend Breakout Signals (default: true): Shows CT Breakup and CT Breakdown signals.
Show Trend Change Signals (default: false): Displays trend shift arrows when enabled.
How to Use
Add the indicator to your chart via TradingView’s indicator library.
Adjust the settings to match your trading style and timeframe.
Watch for “CT Breakup” and “CT Breakdown” signals to identify potential trade setups.
Use the background color (green/red) to confirm the current trend.
Set alerts for breakouts or trend changes to stay updated on key signals.
Always combine with proper risk management and your own analysis—past performance is not a guarantee of future results.
Notes
The indicator is non-repainting, meaning signals are confirmed and won’t disappear after they form.
Works on any market (crypto, forex, stocks) and timeframe, such as the BTCUSDT 1-hour chart shown.
Performance varies based on market volatility and your trading strategy.
This is a free tool created to support the TradingView community—feedback is welcome in the comments!
Disclaimer
Trading involves risk, and this indicator is not a guaranteed predictor of future price movements. Always conduct your own analysis and manage risk appropriately. The examples provided (e.g., BTCUSDT signals) are for educational purposes only and reflect past performance, which may not repeat.
M A COverview
Indicator Declaration: The script starts by defining an indicator named “M A C” that overlays on the main price chart.
Plotting Close Price: It plots the closing prices of the asset using the plot(close) function.
Inputs
Moving Average Length: Users can set the length of the moving average with a default value of 21.
Exponential vs. Simple MA: A toggle option allows the user to choose between an Exponential Moving Average (EMA) and a Simple Moving Average (SMA).
Bollinger Bands: Users can choose to display Bollinger Bands by toggling the relevant input.
Corridor Visualization: There is an option to visualize a corridor defined by two moving averages of the high and low prices.
Fill Color: Users can choose to fill the corridor with the color of the moving average.
Calculations
Moving Averages: The script calculates the selected moving average (either EMA or SMA) for closing prices, high prices, and low prices.
Bollinger Bands: If enabled, it calculates the upper and lower bands based on the moving average and the standard deviation, adjusting the bands according to a user-defined multiplier.
Plotting
MA Color Logic: The color of the moving average line changes based on the price’s relationship to the moving averages of the high and low prices—green when the close is above the high MA, red when below the low MA, and blue otherwise.
Bollinger Bands Visualization: If enabled, the upper and lower Bollinger Bands are plotted, and a shaded area between them is filled with a light blue color.
Corridor Plotting: If the corridor option is chosen, the script plots the moving averages of the high and low prices and can fill the space between them with the selected MA color.
Summary
This script is a versatile tool for traders, allowing them to visualize the price action alongside dynamic moving averages and Bollinger Bands. The customizable features provide flexibility for different trading strategies, helping traders identify potential buy and sell based on the behavior of the price relative to the moving averages and bands.
Chandelier ExitChandelier Exit (Custom Time Frame)
This custom version of the Chandelier Exit indicator allows you to perform calculations on a custom time frame while displaying the results on your current chart. By default, it calculates the ATR and stop levels on a selected time frame (e.g., 15 minutes) but plots the buy/sell signals, long/short stop levels, and highlight states on your active chart time frame (e.g., 5 minutes).
Key Features:
• Customizable Time Frame: Choose any time frame for the ATR calculations (default is 15 minutes).
• Stop Levels: Displays dynamic stop levels based on the Chandelier Exit method.
• Alerts: Set alerts for changes in direction, buy/sell signals, or stop level breaches.
• Visual Customization: Easily toggle visual settings for buy/sell labels and highlight states.
Use this indicator to fine-tune your entry and exit strategies by incorporating longer-term price behavior while trading on shorter time frames.
Attrition Scalper - MTF# Attrition Scalper MTF Update
## What's Changed
Compared to previous Attrition Scalper versions, the channel and lines are now calculated using multi-timeframe (MTF) confluence with weighted averages.
The indicator is updated to PineScript V6.
I've removed redundant logic, inefficient buy/sell and high/low signals, and linear regression calculations to create a cleaner, more streamlined version that's both easier to use and provides a better foundation for future developments.
Using these lines every day has quickly made me realize that one line in one timeframe is usually in confluence with another line in another timeframe, and that price zone is usually much more reliable as a proper support/resistance or a mean reversion scalp zone.
The new logic checks one timeframe lower and one timeframe higher than the current timeframe the user is viewing and performs a weighted average calculation of 0.618 × lower TF + 1.0 × current TF + 0.786 × higher TF before plotting the lines.
Timeframes higher than weekly or lower than 5 minutes don't use MTF and instead just show the normal lines and the channel for that single timeframe similar to previous Attrition Scalper V2.
## Understanding the Lines
The Attrition Scalper generates several key reference lines that can help identify trade opportunities:
### Primary Reference Lines
- **Middle VIDYA and EVWMA (Middle Band)**: Usually represents the "mean" or equilibrium price. Price tends to gravitate back to this area during consolidation.
- **Green/Red VIDYA Lines**: These color-changing lines are your higher priority/reliable support/resistance levels.
### Fibonacci Extension Lines
- **Blue Lower Fibonacci Lines (0.618, 1.618, 2.618)**: Secondary support/resistance zones. While less significant than the VIDYA lines, these still provide valuable reference points for potential bounces.
- **Yellow 4.236 Fibonacci Lines**: These represent significant price overextension. When price reaches or exceeds these levels, expect a mean reversion move soon. These are the highest trust lines.
## Trading Applications
### Overextension & Mean Reversion
When price pushes above/below the yellow 4.236 Fibonacci line:
- This indicates an overextended market condition
- Probability of mean reversion increases significantly
- Consider counter-trend positions back toward the middle band
- Set targets near the middle VIDYA/EVWMA lines
- Higher timeframes = Higher reliability
- Don't panic and trust the process
### Support & Resistance Trading
- **Primary S/R Zones (Green/Red VIDYA)**: These are your highest probability bounce/rejection points. Pay special attention when price approaches these levels, especially on the first test.
- **Secondary S/R Zones (Blue Fib Lines)**: Use these as supplementary confirmation or for tighter stop placement or basic entries/TPs when laddering in and out.
## Best Practices
1. **Wait for Candle Close**: Trading signals are most reliable after a candle has fully closed above/below significant lines. Don't just take an instant long/short position when price goes above/below the outer yellow 4.236 fib line; wait for confirmation and candle close. Don't be sad if you miss an opportunity just because you waited—it's better this way in the long run.
2. **Respect Momentum**: Don't fight strong momentum just because price reached a line; wait for signs of reversal. Price almost always retraces, but it can be a small retracement only to inside the channel instead of going all the way back to the mean if the market is trending, OR it can stay overextended for an extended period of time (usually few candles max though). Sudden spikes all the way to the overextended zone are almost always a better position to take as a mean reversion play compared to long drawn out single direction trends. Don't fight the trend; take very small quick scalps given the opportunity.
3. **Use Confirmation Combined with Volume**: Look for rejection candles, engulfing patterns, or double tops/bottoms at key levels before entering. Strong volume at key lines increases the probability of a meaningful reaction. For example, at the end of an uptrend, if you see the price has spiked and is now overextended (out of the channel and above all the lines) and you see volume also spiking, that's almost always the top, at least for a while.
5. **Consider Volatility**: During high volatility, price may overshoot lines a lot (although very rare) before reversing; be patient and wait for confirmation. It could also be a news event, so always check before entering a position.
MA + RSI + Auto S/R (v5) MA + RSI + Auto Support/Resistance Indicator
This indicator combines Exponential Moving Averages (EMA), Simple Moving Averages (SMA), Relative Strength Index (RSI), and Auto-detected Support/Resistance levels (based on pivot highs/lows) to offer a comprehensive technical analysis toolkit for any trader.
🧩 Included Components
Component Description
EMA (Fast/Slow) Used for identifying short- and medium-term trend direction.
SMA (Short/Long) Indicates dynamic support/resistance and longer-term trend.
RSI Helps detect overbought or oversold conditions.
Support/Resistance Automatically plotted using pivot highs/lows (swing points).
Trend Highlight Optional background coloring to visually represent trend bias.
⚙️ User Inputs
Input Purpose
emaFastLen Length of the fast EMA (default: 9).
emaSlowLen Length of the slow EMA (default: 21).
smaShortLen Length of the short SMA (default: 20).
smaLongLen Length of the long SMA (default: 50).
rsiLen RSI calculation period (default: 14).
rsiOB, rsiOS RSI Overbought and Oversold thresholds (default: 70/30).
pivotLeft/Right Number of bars for detecting pivot highs/lows (default: 5 each).
📈 Indicator Components
📊 EMA / SMA
Fast EMA (orange) and slow EMA (red) show trend momentum.
Short SMA (blue) and long SMA (teal) show general price direction and act as dynamic support/resistance.
💹 RSI Panel
RSI is calculated and internally plotted.
Static lines:
70 → Overbought
30 → Oversold
50 → Neutral/Center Line
RSI value labels appear every ~20 bars for clarity.
📌 Support and Resistance Zones
Automatically drawn using:
pivotHigh() → plots resistance (red crosses)
pivotLow() → plots support (green crosses)
Useful for swing trading and breakout setups.
🟥🟩 Trend Background Highlight (Optional)
Green background → Fast EMA above Slow EMA → Bullish momentum.
Red background → Fast EMA below Slow EMA → Bearish momentum.
Helps visualize trend bias at a glance.
🧪 Usage Suggestions
Combine EMA/SMA crossovers with RSI values for stronger signals.
Watch for RSI divergence near support/resistance zones.
Use pivot highs/lows to plan stop-loss or breakout entries.
Use background color to confirm trend alignment across timeframes.
🛠️ Possible Extensions
Add buy/sell signal plots based on conditions (e.g., EMA crossover + RSI filter).
Add alerts when price touches pivot levels or RSI crosses critical values.
Integrate into a full trading strategy script (strategy.*) for backtesting.
MA + RSI + Auto S/R (v5)📘 Documentation: All-in-One Technical Indicator
This indicator merges multiple essential tools into a single chart overlay. It’s designed to help traders visualize market trends, volatility, price action patterns, and potential reversal zones with clarity and precision.
🧩 Included Components
Component Description
EMA (Fast/Slow) Tracks short- and mid-term trend momentum.
SMA (Short/Long) Acts as dynamic support/resistance and long-term trend bias.
RSI Displays overbought/oversold momentum.
Support/Resistance Detected automatically using pivot highs/lows.
ZigZag Simplifies price structure, showing key highs/lows based on % deviation.
Bollinger Bands Measures price volatility and deviation from mean.
Fibonacci Levels Auto-draws retracement levels between recent pivot high and low.
⚙️ User Inputs
Input Description
emaFastLen Length of fast EMA (default: 9).
emaSlowLen Length of slow EMA (default: 21).
smaShortLen Length of short SMA (default: 20).
smaLongLen Length of long SMA (default: 50).
rsiLen RSI period (default: 14).
rsiOB, rsiOS Overbought/Oversold thresholds (default: 70/30).
pivotLeft/Right Number of candles to look left/right for pivot high/low (default: 5).
zigzagDepth Not currently used, reserved for future depth-based logic.
zigzagDev (%) Minimum percentage move to trigger ZigZag point.
bbLength Length of the Bollinger Bands (default: 20).
bbMult Standard deviation multiplier (default: 2.0).
📊 Indicator Visuals
📈 Moving Averages
EMA Fast (Orange): Captures short-term momentum.
EMA Slow (Red): Captures longer-term trend.
SMA Short (Blue) and SMA Long (Teal): Indicate major trend and support/resistance zones.
💹 RSI
Hidden by default but available via style settings.
Shows momentum and potential reversals:
Overbought = Above 70
Oversold = Below 30
Neutral = 50 line
🔺 Support / 🔻 Resistance (Pivot Highs/Lows)
Based on swing points (pivot detection).
Green Cross = Support
Red Cross = Resistance
⚡ ZigZag
Lines plotted between points where price changes exceed a % threshold.
Useful for:
Recognizing structure
Trend swing points
Pattern formation
📉 Bollinger Bands
Upper Band, Lower Band, and Basis (SMA).
Shows deviation from average price and potential reversal when price hits outer bands.
📐 Fibonacci Retracement
Auto-draws key retracement levels (23.6%, 38.2%, 50%, 61.8%, 78.6%) between recent pivot low and high.
Helps identify:
Potential retracement zones
Entry/exit areas
🟥🟩 Trend Background (Optional)
Green background: EMA Fast > EMA Slow → Bullish momentum
Red background: EMA Fast < EMA Slow → Bearish momentum
🧪 Use Cases & Tips
Use Case Strategy Idea
Trend Confirmation Use EMA/SMA crossovers and RSI values.
Breakout & Reversal Zones Watch for price near Bollinger Bands and Fibonacci levels.
Entry & Exit Planning Confirm with ZigZag swing points and pivot S/R zones.
Volatility Awareness Use Bollinger Band width and ZigZag spacing.
🔧 Suggested Additions (Optional)
Let me know if you'd like me to add any of these:
Buy/Sell signals (based on multiple conditions)
Alerts for RSI cross, BB breakout, or Fibonacci retest
Strategy backtesting mode (strategy.*)
Multi-timeframe logic
Visual settings customization
MA + RSI + Auto S/R (v6)📘 Documentation: All-in-One Technical Indicator
This indicator merges multiple essential tools into a single chart overlay. It’s designed to help traders visualize market trends, volatility, price action patterns, and potential reversal zones with clarity and precision.
🧩 Included Components
Component Description
EMA (Fast/Slow) Tracks short- and mid-term trend momentum.
SMA (Short/Long) Acts as dynamic support/resistance and long-term trend bias.
RSI Displays overbought/oversold momentum.
Support/Resistance Detected automatically using pivot highs/lows.
ZigZag Simplifies price structure, showing key highs/lows based on % deviation.
Bollinger Bands Measures price volatility and deviation from mean.
Fibonacci Levels Auto-draws retracement levels between recent pivot high and low.
⚙️ User Inputs
Input Description
emaFastLen Length of fast EMA (default: 9).
emaSlowLen Length of slow EMA (default: 21).
smaShortLen Length of short SMA (default: 20).
smaLongLen Length of long SMA (default: 50).
rsiLen RSI period (default: 14).
rsiOB, rsiOS Overbought/Oversold thresholds (default: 70/30).
pivotLeft/Right Number of candles to look left/right for pivot high/low (default: 5).
zigzagDepth Not currently used, reserved for future depth-based logic.
zigzagDev (%) Minimum percentage move to trigger ZigZag point.
bbLength Length of the Bollinger Bands (default: 20).
bbMult Standard deviation multiplier (default: 2.0).
📊 Indicator Visuals
📈 Moving Averages
EMA Fast (Orange): Captures short-term momentum.
EMA Slow (Red): Captures longer-term trend.
SMA Short (Blue) and SMA Long (Teal): Indicate major trend and support/resistance zones.
💹 RSI
Hidden by default but available via style settings.
Shows momentum and potential reversals:
Overbought = Above 70
Oversold = Below 30
Neutral = 50 line
🔺 Support / 🔻 Resistance (Pivot Highs/Lows)
Based on swing points (pivot detection).
Green Cross = Support
Red Cross = Resistance
⚡ ZigZag
Lines plotted between points where price changes exceed a % threshold.
Useful for:
Recognizing structure
Trend swing points
Pattern formation
📉 Bollinger Bands
Upper Band, Lower Band, and Basis (SMA).
Shows deviation from average price and potential reversal when price hits outer bands.
📐 Fibonacci Retracement
Auto-draws key retracement levels (23.6%, 38.2%, 50%, 61.8%, 78.6%) between recent pivot low and high.
Helps identify:
Potential retracement zones
Entry/exit areas
🟥🟩 Trend Background (Optional)
Green background: EMA Fast > EMA Slow → Bullish momentum
Red background: EMA Fast < EMA Slow → Bearish momentum
🧪 Use Cases & Tips
Use Case Strategy Idea
Trend Confirmation Use EMA/SMA crossovers and RSI values.
Breakout & Reversal Zones Watch for price near Bollinger Bands and Fibonacci levels.
Entry & Exit Planning Confirm with ZigZag swing points and pivot S/R zones.
Volatility Awareness Use Bollinger Band width and ZigZag spacing.
🔧 Suggested Additions (Optional)
Let me know if you'd like me to add any of these:
Buy/Sell signals (based on multiple conditions)
Alerts for RSI cross, BB breakout, or Fibonacci retest
Strategy backtesting mode (strategy.*)
Multi-timeframe logic
Visual settings customization
Gap & Reversal Signals (Normal vs Heikin-Ashi)🔍 Gap & Reversal Signals (Normal vs Heikin-Ashi) — by
This script is designed to help traders identify key market signals by comparing Normal Candlestick Patterns with Heikin-Ashi values to highlight potential:
✅ Gap Up Opportunities (Strong Bullish Continuation)
🔻 Gap Down Alerts (Strong Bearish Continuation)
🔄 Bullish Reversal Zones (Possible Trend Reversal from Bearish to Bullish)
🔁 Bearish Reversal Zones (Possible Trend Reversal from Bullish to Bearish)
🧠 How it Works:
Gap Up: Normal candle is bullish, Heikin-Ashi is also bullish, and price closes higher than the HA close.
Gap Down: Normal candle is bearish, Heikin-Ashi is also bearish, and price closes lower than the HA close.
Bullish Reversal: Normal candle is bullish, but Heikin-Ashi shows bearish — potential reversal signal.
Bearish Reversal: Normal candle is bearish, but Heikin-Ashi shows bullish — potential reversal signal.
📊 Plot Details:
💚 Gap Up → Green Label Below Bar
❤️ Gap Down → Red Label Above Bar
💙 Bullish Reversal → Blue Label Below Bar
🧡 Bearish Reversal → Orange Label Above Bar
🚀 Use Cases:
Swing and positional traders looking for high-probability reversal setups
Intraday traders spotting early momentum shifts
Backtesters combining HA + candlestick logic for more robust strategies
Consolidation Zones + OI Change %The script finds consolidation zones (flats) on the chart and analyzes the behavior of the Open Interest during these zones to understand:
whether a position is being built up (OI growth - green),
or whether players are unloading/exiting (OI fall - red),
and gives visual and text signals when the range is broken.
Скрипт находит зоны консолидации (флеты) на графике и анализирует поведение открытого интереса (Open Interest) во время этих зон, чтобы понять:
идёт ли набор позиции (рост OI — зелёный),
или разгрузка / выход игроков (падение OI — красный),
и даёт визуальные и текстовые сигналы при пробое диапазона.
Ultimate Moving Average Crossover Indicator by SAMQUANT📈 Ultimate Moving Average Crossover Indicator | All-in-One MA Strategy
Unlock the power of multiple moving averages in one versatile indicator designed to give you clear, actionable signals in any market condition.
📌 Key Features:
- Supports **all major moving averages**:
- **SMA, EMA, WMA, HMA, RMA, DEMA, TEMA**, and more.
- Each MA is **fully customizable** with different lengths and types for ultimate flexibility.
- **Binary Long/Short signals** based on crossover logic—perfect for alerts, strategies, or discretionary trading.
- **Dynamic background coloring**:
- **Green** for bullish trends
- **Red** for bearish trends
Quickly gauge market direction at a glance.
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🚀 Why Use This Indicator?
✅ Combines the strength of all major MA types
✅ Customizable to fit any trading style—scalping, swing, or trend following
✅ Built-in alerts ready for your next trade
✅ Visually intuitive with built-in signal clarity
✅ Excellent tool for **confluence-based** strategies
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Great trades start with great tools. Clarity, precision, and flexibility—this indicator brings it all to your charts. Trade smarter, not harder.
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> ⚠️ **Disclaimer:**
This script is intended for **educational and informational purposes only**. It does not constitute financial advice. Past performance is not indicative of future results. Always practice sound risk management and test strategies thoroughly before using real capital.
SMMA-John4 period for your crypto trading:
24: 24 hours a day
60: 60 minutes each hour
200: everyone watch this period, but it didn't work
365: a year.
Daily Forex Market Zones (IST)📈 Script Description: Market Range Zones (5:30 AM–7:30 AM & 7:00 PM–9:00 PM)
This custom Pine Script highlights two key time-based range zones on the chart:
🕔 Morning Range (5:30 AM – 7:30 AM)
🔹 Helps identify the early market structure and potential breakout levels.
🔹 Useful for traders who track early volatility and pre-London session setups.
🌆 Evening Range (7:00 PM – 9:00 PM)
🔹 Captures the price consolidation or movements during late market hours.
🔹 Helpful for traders who look for end-of-day or Asian session setups.
✅ Both ranges are displayed with custom visuals (boxes or lines) for quick reference.
✅ Supports intraday trading strategies like breakout, fakeout, and range-retest entries.
✅ Time zones are adjustable depending on your broker/server time settings.
HG StdDevThe HG StdDev indicator provides a dynamic view of market volatility by calculating the standard deviation of a selected price source over a customizable period. Additionally, it plots a threshold line representing the highest standard deviation over a secondary lookback window.
Red Line: Current standard deviation (volatility) of the price.
Gray Line: Highest standard deviation value within the lookback range, serving as a reference for recent peak volatility.
Use this tool to identify periods of increasing or extreme volatility, potential breakout zones, or to filter signals based on volatility thresholds.
EMA 9|48|180Triple EMA 9|48|180
Here's a brief overview of how these EMAs can work together:
EMA 9 : This is a shorter-term moving average that reacts quickly to price changes. It can be used to identify short-term trends and potential entry points.
EMA 48 : This intermediate-term moving average can help smooth out the price action and provide insight into medium-term trends.
EMA 180 : This longer-term moving average provides a view of the overall trend. It reacts slowly to price changes and can help to identify the broad direction of the market.
How to Use Them Together:
Crossover Strategy: Traders often look for crossovers between these EMAs to signal potential buy or sell opportunities. For example, a bullish signal occurs when the EMA 9 crosses above the EMA 48, and a bearish signal occurs when it crosses below.
Trend Confirmation: You can use the EMA 180 as a trend filter. For instance, you might only take long trades when the price is above the EMA 180 and only take short trades when it's below.
Advantages:
Trend Following: This strategy can help traders follow established trends and capitalize on them.
Flexibility: The EMAs can be adapted for different time frames and assets.
Disadvantages:
Lagging Indicator: EMAs are lagging indicators, meaning they respond to price changes rather than predict them, which can sometimes result in delayed signals.
Whipsaws: In a ranging or choppy market, EMAs can generate false signals, leading to potential losses.
Conclusion:
Whether or not EMA 9, 48, and 180 form a "good" strategy largely depends on your trading style (day trading, swing trading, etc.), risk tolerance, and how well you're able to manage trades. Backtesting the strategy against historical data, along with a solid risk management plan, is crucial in determining its effectiveness for your specific trading goals. Additionally, combining EMA signals with other indicators or analysis techniques (like support and resistance, volume analysis, or candlestick patterns) can improve the robustness of your strategy.
MACD"In the true spirit of TradingView, the creator of this script has open-sourced it so traders can inspect and verify its functionality. Hats off to the author! While you're free to use it, remember that republishing code must comply with our site's rules."
ZLEMA TAP [SYED WAQAR]🔹 Zero Lag Trend Signals (MTF) 🔹
A Powerful Multi-Timeframe Trend-Following Indicator with Smart Entry/Exit Signals
📌 Key Features:
✅ Zero-Lag EMA-Based Trend Detection – Identifies trend direction with minimal lag for timely signals.
✅ Multi-Timeframe Analysis – Displays trend strength across 5 customizable timeframes (5M to 1D).
✅ Smart Buy/Sell Signals – Generates precise entry points on the first touch of the trend band after a trend change.
✅ Dynamic Trend Bands – Adjusts volatility-based bands for better trend filtering.
✅ Clear Visual Alerts – Bullish (🟢) and Bearish (🔴) signals with customizable colors.
✅ Built-in Alerts – Set alerts for trend changes, band touches, and entry signals.
🎯 How It Works:
Bullish Trend (Green Band) → Price holds above the Zero-Lag EMA, confirms uptrend.
Bearish Trend (Red Band) → Price stays below the Zero-Lag EMA, confirms downtrend.
Buy Signal (▲) → Triggers when price first touches the upper band after turning bullish.
Sell Signal (▼) → Triggers when price first touches the lower band after turning bearish.
⚙️ Ideal For:
✔ Swing Traders – Catch trends early with high-probability signals.
✔ Day Traders – Use multi-timeframe confirmation for better entries.
✔ Position Traders – Stay aligned with the dominant trend.
📊 Settings & Customization:
Adjustable Length (default: 70) for trend sensitivity.
Band Multiplier (default: 1.2) to control volatility-based bands.
Choose 5 different timeframes for trend confirmation.
Customize colors for bullish/bearish trends.
🚀 Why Use This Indicator?
Reduces false signals by focusing on first-touch entries after trend changes.
Works on all markets (Stocks, Forex, Crypto, Futures).
Easy-to-read signals with a clean, clutter-free display.
🔹 Try it now and trade with confidence! 🔹
📢 How to Use:
Add the indicator to your chart.
Set your preferred timeframes in inputs.
Watch for signals (▲ for Buy, ▼ for Sell).
Set alerts for automated notifications.
📈 Perfect for trend-following strategies! 📉
Moving average with different timeThis script allowing you to plot up to 6 different types of moving averages (MAs) on the chart, each with customizable parameters such as type, length, source, color, and timeframe. It also allows you to set different timeframes for each moving average.
Key Features:
Multiple Moving Averages: You can add up to 6 different moving averages to your chart.
Each MA can be one of the following types: SMA, EMA, SMMA (RMA), WMA, or VWMA.
Custom Timeframes: Each moving average can be applied to a specific timeframe, giving you flexibility to compare different periods (e.g., a 50-period moving average on the 1-hour chart and a 200-period moving average on the 4-hour chart).
Customizable Inputs:
Type: Choose between SMA, EMA, SMMA, WMA, or VWMA for each MA.
Source: You can select the price data source (e.g., close, open, high, low).
Length: Set the number of periods (length) for each moving average.
Color: Each moving average can be assigned a specific color.
Timeframe: Customize the timeframe for each moving average individually (e.g., MA1 on 15-minute, MA2 on 1-hour).
User Interface:
The script includes a data window display for each moving average, allowing you to control whether to show each MA and configure its settings directly from the settings menu.
Flexible Use:
Toggle individual moving averages on and off with the show checkbox for each MA.
Customize each MA's parameters without affecting others.
Parameters:
MA Type: You can choose between different moving averages (SMA, EMA, etc.).
Source: Price data used for calculating the moving average (e.g., close, open, etc.).
Length: Defines the period (number of bars) for each moving average.
Color: Change the line color for each moving average for better visualization.
Timeframe: Set a different timeframe for each moving average (e.g., 1-day MA vs. 1-week MA).
Example Use Case:
You might use this indicator to track short-term, medium-term, and long-term trends by adding multiple MAs with different lengths and timeframes. For example:
MA1 (20-period) might be an SMA on a 1-hour chart.
MA2 (50-period) might be an EMA on a 4-hour chart.
MA3 (100-period) might be a WMA on a daily chart.
This setup allows you to visually track the market's behavior across different timeframes and better identify trends, crossovers, and other patterns.
How to Customize:
Show/Hide MAs: Enable or disable each moving average from the input menu.
Modify Parameters: Change the MA type, source, length, and color for each individual moving average.
Timeframes: Set different timeframes for each moving average for more detailed analysis.
With this Moving Average Ribbon, you get a versatile and visually rich tool to aid in technical analysis.
RSI Pullback MA20 Strategyninhonline filter:
RSI(14) > EMA(RSI, 6),
RSI > 55 or 60,
prin MA20 AND MA50,
pull back MA20.
Levels 1.0 by SaltanovCryptoScript Description: Levels 1.0 by SaltanovCrypto
This script, "Levels 1" by saltanovcrypto, is a visual indicator designed to display up to 12 customizable buy and 12 customizable sell levels directly on your TradingView chart. These levels are represented by horizontal lines extending from a point to the left and right of the last price bar, along with optional text labels indicating the price level.
Key Functionality:
Dynamic Level Display: The script draws horizontal lines at predefined price levels for both potential buying and selling zones.
Ticker-Based Configuration: The levels and their associated labels are currently configured to change based on the specific ticker being viewed. In this version, it includes specific configurations for "BINANCE:BTCUSDT.P" and "BINANCE:ETHUSDT.P", displaying different test levels for each.
Customizable Line Appearance: Users can customize the color and width of both the buy lines (default green) and sell lines (default blue) through the indicator's input settings.
Optional Labels: The script offers the option to display text labels next to each level line. These labels can be customized for visibility, text color, font size (in pixels), and background color.
Line Offset: To improve visibility and avoid overlapping with the last price action, the script allows users to offset the lines to the right and left from the last bar by a specified number of bars.
Efficient Drawing: The script is designed to draw the lines and labels only on the last bar of the chart, and it deletes any previously drawn lines before creating new ones. This ensures that the levels are always up-to-date and avoids cluttering the chart with redundant lines as the chart updates.
Up to 12 Levels: The script provides the capability to define and display up to 12 distinct buy levels and 12 distinct sell levels, each with its own optional text label. However, the current configuration only utilizes a few of these potential levels for demonstration purposes with specific tickers.
In essence, this script provides a way to visually mark important price levels on your chart based on specific ticker configurations. It offers customization options for the appearance of these levels and their labels, making it a flexible tool for traders who rely on predefined support and resistance zones or other key price points in their analysis.
How to Use:
Apply this script to your TradingView chart.
The script will automatically detect the ticker symbol.
Based on the ticker (currently configured for BINANCE:BTCUSDT.P and BINANCE:ETHUSDT.P), it will draw horizontal lines at the defined buy and sell levels.
Customize the appearance of the lines and labels using the indicator's input settings.
Adjust the "Offset Lines Right from Last Bar" and "Offset Lines Left from Last Bar" parameters to position the lines as desired.
The text labels next to the lines will display the text defined in the script for the specific ticker and level.
Note: To utilize this script for other tickers or to define your own specific levels and labels, you would need to modify the if ticker == ... and else if ticker == ... sections within the script's code. You can add more else if conditions or adjust the existing price levels and label texts as needed.
90-Day Beta to BTCOverview:
The 90-Day Beta to BTC indicator measures the volatility of a specific token relative to Bitcoin (BTC) over the past 90 days. Beta is a widely used statistical measure in financial markets that indicates how much a token's price moves in relation to BTC. A higher beta means the token is more volatile compared to BTC, while a lower beta means it is less volatile or moves similarly to BTC.
How It Works:
This indicator calculates the daily logarithmic returns of both the token and Bitcoin, then computes the covariance between their returns and the variance of Bitcoin’s returns. The resulting Beta value reflects the degree to which the token’s price fluctuates relative to Bitcoin's price over the past 90 days.
Beta > 1: The token is more volatile than Bitcoin, showing higher price swings.
Beta = 1: The token moves in lockstep with Bitcoin, exhibiting similar volatility.
Beta < 1: The token is less volatile than Bitcoin, showing smaller price fluctuations.
Beta = 0: The token's price movement is uncorrelated with Bitcoin’s price.
Negative Beta: The token moves opposite to Bitcoin, indicating an inverse relationship.
Use Case:
This indicator is particularly useful for traders or investors looking to identify tokens with high speculative volatility. Tokens with Beta values above 1 are typically high-risk, high-reward assets, often driven by hype, social trends, or market speculation. Conversely, tokens with Beta values below 1 offer a more stable price relationship with Bitcoin, making them less volatile and potentially safer.
In the context of a Trash Token Tournament, tokens with a higher Beta (greater than 1) may be more attractive due to their heightened volatility and potential for larger price swings, making them the “wild cards” of the market.
Visual Representation:
The Beta value is plotted as a line chart beneath the main price chart, offering a visual representation of the token’s volatility relative to Bitcoin over the last 90 days. Spikes in Beta indicate periods of increased volatility, while drops suggest stability.
EMA Crossover Stock ScreenerEMA cross over indicator 10 20 50. Shows bearish and bullish trends when crossing the 10 and 20.
AST + SMA (Alvin Strategy)New indicator combine with Adaptive Super Trend and SMA20.
This indicator suitable for scalper that focusing on trend trading. It give confirmation for a scalp trader and suggest a close entry.
