Inizia

Candlestick analysis

12 Band Volume matched Candles📌 12 Band Volume matched Candles (Official Description) 12 Band Volume matched Candles is a next-generation volume-strength visualisation tool designed for traders who rely on precision, speed, and clarity. Instead of colouring candles by price action or relative indicators, this script maps every candle to one of 12 absolute-volume strength bands, using real contract/share volume thresholds that you define. No guessing. No subjective smoothing. No repainting. Just pure, clean, calibrated volume pressure — visualised instantly. 🔥 Why This Indicator Exists Traditional volume colouring is vague, delayed, or tied to assumptions (like moving averages). Scalpers, orderflow watchers, and tape-readers all know the truth: 👉 The raw size of volume matters more than relative volume. This tool removes all ambiguity and lets you define exact thresholds that match the behaviour of your market: 5k volume 10k volume 20k 35k 50k 70k … all the way to 200k+ (or whatever instrument volume you want) Those thresholds map to a 12-band spectrum, ranging from the coldest low-volume purples to the hottest high-volume reds. The result? A visual system that lets you read volume pressure instantly, the same way our RSI 12-band spectrum lets you read momentum immediately. 🎨 Premium 12-Band Colour Spectrum This indicator uses the same refined colour spectrum as the In The Zone RSI – 12 Band script: Weak Volume (Bands 1–6) – Cold Side Ultra-dark violet Deep purples Cool blues Light icy blue Strong Volume (Bands 7–12) – Hot Side Warm yellows Oranges Orange-reds Deep maroons Ultra-dark red for max volume You instantly know: When volume is dying When volume is building When a trend is being pushed When a breakout has REAL participation When a reversal is weak or strong Your brain doesn’t need to “interpret” numbers — just read the colours. ⚙️ Key Features ✔ 12 Custom Volume Thresholds Set exact volume values that match your instrument. A perfect companion for multi-indicator visual alignment. ✔ Borders-Only Mode Keep your chart clean and still read volume strength. ✔ Adjustable Brightness & Opacity Fine-tune the aesthetic for dark or light chart themes. ✔ Legend Placement Options Display the volume band legend in any corner of the chart. ✔ Zero Lag – Zero Repaint Everything is based on historical volume — no tricks. 🚀 Who It’s For This tool is extremely powerful for: Scalpers Momentum traders Orderflow readers Breakout traders Reversal hunters Algo / quant-style chart readers Anyone who trades with candle-flow awareness If you rely on the “feel” of a chart, volume rhythm, or momentum pressure — this indicator becomes a cheat-code. 🎯 Practical Uses Spot when large players enter a move Filter weak vs strong pullbacks Confirm breakout candles See exhaustion before reversals Separate noise from real interest Pair with IZ RSI + price structure for elite scalp precision ⭐ Why Traders Love It Because it's clear. Instant. And it treats volume as the truth, not something to smooth or average. This is how scalpers and tape-readers naturally think — now in a visual form. 🔥 Final Line 12 Band Volume matched Candles turns raw volume into a crystal-clear language. Once you see volume this way, you will never go back to traditional colouring again.
Indicatore Pine Script®
di rrtaker86
YCGH Drawdown PercentilesWhat This Indicator Does? The Drawdown Percentiles indicator tracks how far below the all-time high (ATH) a stock or asset is currently trading, then displays statistical percentiles of historical drawdowns in a customizable table.​ Percentile Analysis: It collects up to 5,000 historical bars of drawdown data, sorts them, and calculates user-selected percentiles (default: 10th, 30th, 50th) to show where current drawdowns rank historically.​ Visual Display: A table shows each percentile threshold with color-coded drawdown values, helping you quickly assess whether the current drawdown is typical or extreme compared to historical patterns.​ Practical Use Cases Risk Assessment: Identify if current drawdowns fall within normal ranges or represent extreme conditions requiring position adjustments.​ Entry/Exit Timing: Use percentile rankings to time entries during historically shallow drawdowns (better conditions) and reduce exposure during deep drawdowns.​ Strategy Comparison: Compare drawdown patterns across different assets or trading strategies to evaluate risk-adjusted performance.​
Indicatore Pine Script®
di YCGH_Capital
2
5-Minute Opening Range Breakout (ORB) - NY Session IndicatorThis TradingView indicator identifies and plots the Opening Range Breakout (ORB) based on the first 5-minute candle of the New York trading session. Key Features: Automatic Detection: Automatically detects the NY session open (default 9:30 AM ET, fully customizable) and captures the high/low of the first 5-minute bar Multi-Timeframe Support: Works on any chart timeframe (1-min, 3-min, 15-min, etc.) by requesting 5-minute data Dynamic Price Targets: Calculates both bullish (above ORB high) and bearish (below ORB low) price targets based on the opening range size Configurable Targets: Set up to 10 price target levels on each side, with targets spaced proportionally to the ORB range Extended Lines: All lines automatically extend ahead of the current bar by a configurable number of minutes for better forward visibility Price Labels: Optional price labels display exact values at the end of each level Midpoint Line: Optional dashed midpoint line shows the center of the opening range Custom Styling: Fully customizable colors and transparency for all lines and labels How It Works: The indicator measures the distance between the ORB high and midpoint, then projects additional targets at equal intervals above the high (bullish targets in green) and below the low (bearish targets in red). Why Use a 5-Minute ORB? Tighter Range: The 5-minute opening range is typically smaller than the 15-minute range, providing more precise entry and exit levels Earlier Signals: Breakouts are identified sooner, allowing for faster reaction times Scalping-Friendly: Ideal for day traders and scalpers who prefer shorter timeframes and quicker price movements Higher Probability Zones: The narrower range often creates more reliable support/resistance levels for intraday trading Best Practices: Works best on liquid instruments with high volume during NY session open Combine with volume analysis to confirm breakout validity Consider using the first target as a take-profit level for quick scalps Watch for false breakouts within the first 15-30 minutes of the session
Indicatore Pine Script®
di elitesingh
5m FVGs Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
Indicatore Pine Script®
di daniellejenkins101
VWAP + Volume Spikes See Where Smart Money ExhaustsVolume tells the truth. VWAP tells the bias. This script shows both — live. If you trade intraday momentum, reversals, or liquidity sweeps, this indicator is built for you. It shows where volume spikes hit extreme levels, anchored around VWAP and its dynamic bands, so you can instantly spot capitulation or hidden absorption. 🎯 What This Indicator Does ✅ Plots VWAP — session-anchored, updates automatically ✅ Adds dynamic VWAP bands — standard deviation envelopes showing volatility context ✅ Highlights volume spikes — colored candles + background for abnormal prints ✅ Includes alerts — “Volume Spike”, “VWAP Cross”, or a combined alert with direction ✅ Clean visual design — instantly readable in fast markets It’s your visual orderflow radar — whether you’re trading gold, indices, or small caps. 🔍 Why It Works Institutions build and unwind positions around VWAP. Retail often chases volume… this script shows you when that volume becomes too extreme. A spike above VWAP near resistance? → Likely distribution. A spike below VWAP near support? → Likely capitulation. Combine volume exhaustion + VWAP context, and you’ll see market turning points form before most indicators react. ⚙️ Inputs You Can Tune Bands lookback: adjusts how reactive the VWAP bands are Band width (σ): set how tight or wide your deviation envelope is Volume baseline length: controls how “abnormal” a spike must be Spike threshold: multiplier vs. average volume Toggle color-coding, bands, and labels Default settings work well across 1m–15m intraday charts and 1h–4h swing frames. 💡 How Traders Use It 1️⃣ Fade Parabolics: When a green spike candle pierces upper VWAP band on high volume → smart money unloading. Look for rejection and short into VWAP. 2️⃣ Catch Capitulations: When a red spike candle dumps below lower VWAP band → panic selling. Watch for stabilization and long back to VWAP. 3️⃣ VWAP Rotation Plays: Alerts for price crossing VWAP help you spot shift in intraday control. Above VWAP = buyers in charge. Below VWAP = sellers in charge. 🧠 Best Practices Pair it with Volume Profile or Delta/Flow tools to confirm exhaustion. Don’t chase — wait for spike confirmation + reversal candle. Use it on liquid tickers (NASDAQ, SPY, GOLD, BTC, etc.). Great for Dux-style small-cap shorts or index pullbacks. 🔔 Alerts Ready Choose from: Volume Spike (single-bar explosion) VWAP Cross Up/Down (trend shift confirmation) One Combined Alert (any signal, includes ticker, price, and volume) Set once — get real-time push notifications, Telegram, or webhook signals. 📊 My Favorite Setups US100 / NASDAQ: fade rallies above VWAP + spike Gold / Silver: trade reversals from VWAP bands Small caps: short back-side after volume climax ES, DAX, Oil: scalp VWAP rotation with confluence ❤️ Support This Work I release free and premium scripts weekly — combining smart money concepts, VWAP tools, and volume analytics. 👉 Follow me on TradingView for more indicators and setups. 👉 Comment “🔥” if you want me to post the multi-timeframe VWAP + Volume Pressure version next. 👉 Share this with your team — it helps the community grow.
Indicatore Pine Script®
di Rendon1
Bull/Bear FVG Density RatioThis indicator tracks the directional frequency of Fair Value Gaps (FVGs) over a configurable lookback window, offering a clean, responsive measure of market imbalance. 🔍 What It Does: Detects bullish and bearish FVGs using a 3-bar displacement logic Calculates the ratio of FVGs to candles over the last N bars Plots separate density curves for bullish and bearish FVGs Includes a threshold line to help identify regime shifts (e.g., drought vs spate) 📈 How to Use: Use rising density to confirm trend strength or breakout momentum Watch for crossovers above the threshold to signal active imbalance regimes Combine with price action or volume overlays for high-confluence setups ⚙️ Inputs: Lookback Window: Number of candles used to calculate FVG density Threshold: Visual guide for regime classification (default: 0.2) This tool is ideal for traders who want to move beyond symptomatic signals and model structural causality. It pairs well with lifecycle scoring, retest velocity, and HTF overlays.
Indicatore Pine Script®
di slopip
K线语言·国师版 — Price Action TranslatorUnderstand what the market is really saying. This script automatically translates candlestick and volume behavior into clear, human-readable messages directly on your chart. Instead of guessing what each bar means, you can hear the market speak. 📈 Green bar with volume → Buyers are in control 📉 Red bar with volume → Sellers are dumping positions ⚖️ Doji → Indecision between buyers and sellers 💡 Long upper wick → Selling pressure from above / Long lower wick → Buyers absorbing below 🧠 Core Concept Most indicators tell you what happened. Price Action tells you why it happened. This script bridges that gap by letting the candles explain the psychology behind every move. It helps traders: Visualize market sentiment through candlestick language. Identify institutional accumulation or distribution. Build confidence by understanding the story behind price. ⚙️ Main Features ✅ Automatically detects strong volume bars, Doji, long wicks, and reversal patterns. ✅ Displays short contextual messages above or below each bar. ✅ Works on all time frames (Daily / 4H / 1H). ✅ Clean and non-intrusive visual design. 📈 Best For Traders learning Price Action logic. Multi-time-frame trend analysts. Active traders who want to reduce emotional decisions. 🚀 Usage Tips 1️⃣ Use it with your EMA trend system for confirmation. 2️⃣ Watch for volume surges to confirm real momentum. 3️⃣ Do not chase small Doji bars — wait for confirmation candles. 💬 Author’s Note “Price Action is the language of the market. Once you understand its voice, you don’t need to guess anymore.” — Master Edition · Price Action Translator
Indicatore Pine Script®
di ouyangjianguo76
🕯️First Candle First Candle – Breakout & Return Indicator This indicator marks the high and low of the first 9:30–9:45 AM New York session candle and locks those levels for the rest of the day. It highlights important candles based on Fair Value Gap (FVG) logic and price behavior around this opening range: • Green — first candle of the day whose full body closes above the range with a valid bullish FVG in the same impulse. • Red — first candle whose full body closes below the range with a valid bearish FVG in the same impulse. • Yellow — any candle whose full body re-enters back inside the range and has a matching same-impulse FVG behind the move. Simple, clean, and designed to highlight only the most meaningful breakout and return signals from the opening range.
Indicatore Pine Script®
di sergeytsypan
Top-line % MovesOverview A clean, text-only overlay that shows price momentum at a glance. It prints one line at the top-center of your chart: Movement | Day % | 3-Day % | Wk % What it shows Day - Percent change from today’s regular-session open to the latest price 3-Day - Percent change from the daily open 3 trading days ago Wk - Percent change from the daily open 5 trading days ago How it works Pulls daily opens via request.security so it stays consistent across intraday and daily timeframes Calculates percent moves versus those opens and renders a single centered text line Transparent background, bright white text, no bars or lines, minimal chart footprint Notes “Wk” uses 5 trading days. If you prefer 7 calendar days, change the lookback to your preference Daily opens follow the symbol’s TradingView session settings. Extended or 24h markets may differ from your broker’s definition of “open” Best for Quick momentum read without clutter Screeners, streaming layouts, and compact dashboards Inputs None Tags percent change, overlay, momentum, daily open, intraday, text display, minimal, Pine v6
Indicatore Pine Script®
di EVerzub30
bar color changeThis Pine v5 code allows you to distinguish between candles on the chart. The body/wick/frame of the "live" candle that hasn't yet closed is colored white. When a live candle is present, the body of the immediately preceding candle is colored green with offset = -1. All other candles remain gray (#2e2e2e). plotcandle fixes the wick/frame so that the live and previous candles are selected when following the trend. If there are other conflicting scripts, the most recently added one quickly takes precedence.
Indicatore Pine Script®
di justcaredit
Previous Day OHLC with Fib LevelThe Previous Day OHLC indicator is designed to help traders identify key price levels from the previous trading session. These levels often act as important zones of support, resistance, and market reaction points during the current day’s price action. This indicator automatically plots the Previous Day’s Open, High, Low, and Close on any intraday timeframe, making it a powerful tool for day traders, scalpers, and swing traders who rely on market structure and session behavior.
Indicatore Pine Script®
di Rachoti
YCGH ATH DrawdownHow the Indicator Measures Drawdown from ATH The indicator continuously tracks and calculates the percentage decline from the all-time high (ATH) using a systematic approach.​ ATH Tracking Mechanism Dynamic ATH Calculation: The script maintains a persistent variable that stores the highest price ever reached. On each bar, it compares the current high with the stored ATH using ath := math.max(ath, high), updating the ATH whenever a new peak is reached.
Indicatore Pine Script®
di YCGH_Capital
MA SMART Angle ### 📊 WHAT IS MA SMART ANGLE? **MA SMART Angle** is an advanced momentum and trend detection indicator that analyzes the angles (slopes) of multiple moving averages to generate clear, non-repainting BUY and SELL signals. **Original Concept Credit:** This indicator builds upon the "MA Angles" concept originally created by **JD** (also known as Duyck). The core angle calculation methodology and Jurik Moving Average (JMA) implementation by **Everget** are preserved from the original open-source work. The angle calculation formula was contributed by **KyJ**. This enhanced version is published with respect to the open-source nature of the original indicator. Original indicator reference: "ma angles - JD" by Duyck --- ## 🎯 ORIGINALITY & VALUE PROPOSITION ### **What Makes This Different from the Original:** While the original "MA Angles" by **JD** provided excellent angle visualization, it lacked actionable entry signals. **MA SMART Angle** addresses this by adding: **1. Clear Entry/Exit Signals** - Explicit BUY/SELL arrows based on angle crossovers, momentum confirmation, and MA alignment - No guessing when to enter trades - the indicator tells you exactly when conditions align **2. Non-Repainting Logic** - All signals use confirmed historical data (shifted by 2 bars minimum) - Critical for backtesting reliability and live trading confidence - Original indicator could repaint signals on current bar **3. Dual Signal System** - **Simple Mode:** More frequent signals based on angle crossovers + momentum (for active traders) - **Strict Mode:** Requires full multi-MA alignment + momentum confirmation (for conservative traders) - Adaptable to different trading styles and risk tolerances **4. Smart Signal Filtering** - **Anti-spam cooldown:** Prevents duplicate signals within configurable bar count - **No-trade zone detection:** Filters out low-conviction sideways markets automatically - **Multi-timeframe MA alignment:** Ensures all moving averages agree on direction before signaling **5. Enhanced Visualization** - Large, clear BUY/SELL arrows with descriptive labels - Color-coded backgrounds for market states (trending vs. ranging) - Momentum histogram showing acceleration/deceleration in real-time - Live status table displaying trend strength, angle value, momentum, and MA alignment **6. Professional Alert System** - Four distinct alert conditions: BUY Signal, SELL Signal, Strong BUY, Strong SELL - Enables automated trade notifications and strategy integration **7. Modified MA Periods** - Original used EMA(27), EMA(83), EMA(278) - Enhanced version uses faster EMA(3), EMA(8), EMA(13) for more responsive signals - Better suited for modern volatile markets and shorter timeframes --- ## 📐 HOW IT WORKS - TECHNICAL EXPLANATION ### **Core Methodology:** The indicator calculates angles (slopes) for five key moving averages: - **JMA (Jurik Moving Average)** - Smooth, lag-reduced trend line (original implementation by **Everget**) - **JMA Fast** - Responsive momentum indicator with higher power parameter - **MA27 (EMA 3)** - Primary fast-moving average for signal generation - **MA83 (EMA 8)** - Medium-term trend confirmation - **MA278 (EMA 13)** - Slower trend filter ### **Angle Calculation Formula (by KyJ):** ``` angle = arctan((MA - MA ) / ATR(14)) × (180 / π) ``` **Why ATR normalization?** - Makes angles comparable across different instruments (forex, stocks, crypto) - Makes angles comparable across different timeframes - Accounts for volatility - a 10-point move in different assets has different significance **Angle Interpretation:** - **> 15°** = Strong trend (momentum accelerating) - **0° to 15°** = Weak trend (momentum present but moderate) - **-2° to +2°** = No-trade zone (sideways/choppy market) - **< -15°** = Strong downtrend ### **Signal Generation Logic:** #### **BUY Signal Conditions:** 1. MA27 angle crosses above 0° (upward momentum initiates) 2. All three EMAs (3, 8, 13) pointing upward (trend alignment confirmed) 3. Momentum is positive for 2+ bars (acceleration, not deceleration) 4. Angle exceeds minimum threshold (not in no-trade zone) 5. Cooldown period passed (prevents signal spam) #### **SELL Signal Conditions:** 1. MA27 angle crosses below 0° (downward momentum initiates) 2. All three EMAs pointing downward (downtrend alignment) 3. Momentum is negative for 2+ bars 4. Angle below negative threshold (not in no-trade zone) 5. Cooldown period passed #### **Strong BUY+ / SELL+ Signals:** Additional entry opportunities when JMA Fast crosses JMA Slow while maintaining strong directional angle - indicates momentum acceleration within established trend. --- ## 🔧 HOW TO USE ### **Recommended Settings by Trading Style:** **Scalpers / Day Traders:** - Signal Type: **Simple** - Minimum Angle: **3-5°** - Cooldown Bars: **3-5 bars** - Timeframes: 1m, 5m, 15m **Swing Traders:** - Signal Type: **Strict** - Minimum Angle: **7-10°** - Cooldown Bars: **8-12 bars** - Timeframes: 1H, 4H, Daily **Position Traders:** - Signal Type: **Strict** - Minimum Angle: **10-15°** - Cooldown Bars: **15-20 bars** - Timeframes: Daily, Weekly ### **Parameter Descriptions:** **1. Source** (default: OHLC4) - Price data used for MA calculations - OHLC4 provides smoothest angles - Close is more responsive but noisier **2. Threshold for No-Trade Zones** (default: 2°) - Angles below this are considered sideways/ranging - Increase for stricter filtering of choppy markets - Decrease to allow signals in quieter trending periods **3. Signal Type** (Simple vs. Strict) - **Simple:** Angle crossover OR (trend + momentum) - **Strict:** Angle crossover AND all MAs aligned AND momentum confirmed - Start with Simple, switch to Strict if too many false signals **4. Minimum Angle for Signal** (default: 5°) - Only generate signals when angle exceeds this threshold - Higher values = stronger trends required - Lower values = more sensitive to momentum changes **5. Cooldown Bars** (default: 5) - Minimum bars between consecutive signals - Prevents spam during volatile chop - Scale with your timeframe (higher TF = more bars) **6. Color Bars** (default: true) - Colors chart bars based on signal state - Green = bullish conditions, Red = bearish conditions - Can disable if you prefer clean price bars **7. Background Colors** - **Yellow background** = No-trade zone (low angle, ranging market) - **Green flash** = BUY signal generated - **Red flash** = SELL signal generated - All customizable or can be disabled --- ## 📊 INTERPRETING THE INDICATOR ### **Visual Elements:** **Main Chart Window:** - **Thick Lime/Fuchsia Line** = MA27 angle (primary signal line) - **Medium Green/Red Line** = MA83 angle (trend confirmation) - **Thin Green/Red Line** = MA278 angle (slow trend filter) - **Aqua/Orange Line** = JMA Fast (momentum detector) - **Green/Red Area** = JMA slope (overall trend context) - **Blue/Purple Histogram** = Momentum (angle acceleration/deceleration) **Signal Arrows:** - **Large Green ▲ "BUY"** = Primary buy signal (all conditions met) - **Small Green ▲ "BUY+"** = Strong momentum buy (JMA fast cross) - **Large Red ▼ "SELL"** = Primary sell signal (all conditions met) - **Small Red ▼ "SELL+"** = Strong momentum sell (JMA fast cross) **Status Table (Top Right):** - **Angle:** Current MA27 angle in degrees - **Trend:** Classification (STRONG UP/DOWN, UP/DOWN, FLAT) - **Momentum:** Acceleration state (ACCEL UP/DN, Up/Down) - **MAs:** Alignment status (ALL UP/DOWN, Mixed) - **Zone:** Trading zone status (ACTIVE vs. NO TRADE) - **Last:** Bars since last signal ### **Trading Strategies:** **Strategy 1: Pure Signal Following** - Enter LONG on BUY signal - Exit on SELL signal - Use stop-loss at recent swing low/high - Works best on trending instruments **Strategy 2: Confirmation with Price Action** - Wait for BUY signal + bullish candlestick pattern - Wait for SELL signal + bearish candlestick pattern - Increases win rate by filtering premature signals - Recommended for beginners **Strategy 3: Momentum Acceleration** - Use BUY+/SELL+ signals for adding to positions - Only take these in direction of primary signal - Scalp quick moves during momentum spikes - For experienced traders **Strategy 4: Mean Reversion in No-Trade Zones** - When status shows "NO TRADE", fade extremes - Wait for angle to exit no-trade zone for reversal - Contrarian approach for range-bound markets - Requires tight stops --- ## ⚠️ LIMITATIONS & DISCLAIMERS **What This Indicator DOES:** ✅ Measures momentum direction and strength via angle analysis ✅ Generates signals when multiple conditions align ✅ Filters out low-conviction sideways markets ✅ Provides visual clarity on trend state **What This Indicator DOES NOT:** ❌ Predict future price movements with certainty ❌ Guarantee profitable trades (no indicator can) ❌ Work equally well on all instruments/timeframes ❌ Replace proper risk management and position sizing **Known Limitations:** - **Lagging Nature:** Like all moving averages, signals occur after momentum begins - **Whipsaw Risk:** Can generate false signals in volatile, directionless markets - **Optimization Required:** Parameters need adjustment for different assets - **Not a Complete System:** Should be combined with risk management, position sizing, and other analysis **Best Performance Conditions:** - Strong trending markets (crypto bull runs, stock breakouts) - Liquid instruments (major forex pairs, large-cap stocks) - Appropriate timeframe selection (match to trading style) - Used alongside support/resistance and volume analysis --- ## 🔔 ALERT SETUP The indicator includes four alert conditions: **1. BUY SIGNAL** - Message: "MA SMART Angle: BUY SIGNAL! Angle crossed up with momentum" - Use for: Primary long entries **2. SELL SIGNAL** - Message: "MA SMART Angle: SELL SIGNAL! Angle crossed down with momentum" - Use for: Primary short entries or long exits **3. Strong BUY** - Message: "MA SMART Angle: Strong BUY momentum - JMA fast crossed up" - Use for: Adding to longs or aggressive entries **4. Strong SELL** - Message: "MA SMART Angle: Strong SELL momentum - JMA fast crossed down" - Use for: Adding to shorts or aggressive exits **Setting Up Alerts:** 1. Right-click indicator → "Add Alert on MA SMART Angle" 2. Select desired condition from dropdown 3. Choose notification method (popup, email, webhook) 4. Set alert expiration (typically "Once Per Bar Close") --- ## 📚 EDUCATIONAL VALUE This indicator serves as an excellent learning tool for understanding: **1. Angle-Based Momentum Analysis** - Traditional indicators show MA crossovers - This shows the *rate of change* (velocity) of MAs - Teaches traders to think in terms of momentum acceleration **2. Multi-Timeframe Confirmation** - Shows how fast, medium, and slow MAs interact - Demonstrates importance of trend alignment - Helps develop patience for high-probability setups **3. Signal Quality vs. Quantity Tradeoff** - Simple mode = more signals, more noise - Strict mode = fewer signals, higher quality - Teaches discretionary filtering skills **4. Market State Recognition** - Visual distinction between trending and ranging markets - Helps traders avoid trading choppy conditions - Develops "market context" awareness --- ## 🔄 DIFFERENCES FROM OTHER MA INDICATORS **vs. Traditional MA Crossovers:** - Measures momentum (angle) rather than just price crossing MA - Provides earlier signals as angles change before price crosses - Filters better for sideways markets using no-trade zones **vs. MACD:** - Uses multiple MAs instead of just two - ATR normalization makes it universal across instruments - Visual angle representation more intuitive than histogram **vs. Supertrend:** - Not based on ATR bands but on MA slope analysis - Provides graduated strength indication (not just binary trend) - Less prone to whipsaw in low volatility **vs. Original "MA Angles" by JD:** - Adds explicit entry/exit signals (original had none) - Implements no-repaint logic for reliability - Includes signal filtering and quality controls - Provides dual signal systems (Simple/Strict) - Enhanced visualization and status monitoring - Uses faster MA periods (3/8/13 vs 27/83/278) for modern markets --- ## 📖 CODE STRUCTURE (for Pine Script learners) This indicator demonstrates: **Advanced Pine Script Techniques:** - Custom function implementation (JMA, angle calculation) - Var declarations for stateful tracking - Table creation for HUD display - Multi-condition signal logic - Alert system integration - Proper use of historical references for no-repaint **Code Organization:** - Modular function definitions (JMA, angle) - Clear separation of concerns (inputs, calculations, plotting, alerts) - Extensive commenting for maintainability - Best practices for Pine Script v5 **Learning Resources:** - Study the JMA function to understand adaptive smoothing - Examine angle calculation for ATR normalization technique - Review signal logic for multi-condition confirmation patterns - Analyze anti-spam filtering for state management The code is open-source - feel free to study, modify, and improve upon it! --- ## 🙏 CREDITS & ATTRIBUTION **Original Concepts:** - **"ma angles - JD" by JD (Duyck)** - Core angle calculation methodology and indicator concept Original open-source indicator on TradingView Community Scripts - **JMA (Jurik Moving Average) implementation by Everget** - Smooth, low-lag moving average function Acknowledged in original JD indicator code - **Angle Calculation formula by KyJ** - Mathematical formula for converting MA slope to degrees using ATR normalization Acknowledged in original JD indicator code comments **Enhancements in This Version:** - Signal generation logic - Original implementation for this indicator - No-repaint confirmation system - Original implementation - Dual signal modes (Simple/Strict) - Original implementation - Visual enhancements and status table - Original implementation - Alert system and signal filtering - Original implementation - Modified MA periods (3/8/13 instead of 27/83/278) - Optimization for modern markets **Open Source Philosophy:** This indicator follows the open-source spirit of TradingView and the Pine Script community. The original "ma angles - JD" by JD (Duyck) was published as open-source, enabling this enhanced version. Similarly, this code is published as open-source to allow further community improvements. --- ## ⚡ QUICK START GUIDE **For New Users:** 1. Add indicator to chart 2. Start with default settings (Simple mode) 3. Wait for BUY signal (green arrow) 4. Observe how price behaves after signal 5. Check status table to understand market state 6. Adjust parameters based on your instrument/timeframe **For Experienced Traders:** 1. Switch to Strict mode for higher quality signals 2. Increase cooldown bars to reduce frequency 3. Raise minimum angle threshold for stronger trends 4. Combine with your existing strategy for confirmation 5. Set up alerts for desired signal types 6. Backtest on your preferred instruments --- ## 🎓 RECOMMENDED COMBINATIONS **Works Well With:** - **Volume Analysis:** Confirm signals with volume spikes - **Support/Resistance:** Take signals near key levels - **RSI/Stochastic:** Avoid overbought/oversold extremes - **ATR:** Size positions based on volatility - **Price Action:** Wait for candlestick confirmation **Complementary Indicators:** - Order Flow / Footprint (for institutional confirmation) - Volume Profile (for identifying value areas) - VWAP (for intraday mean reversion reference) - Fibonacci Retracements (for target setting) --- ## 📈 PERFORMANCE EXPECTATIONS **Realistic Win Rates:** - Simple Mode: 45-55% (higher frequency, moderate accuracy) - Strict Mode: 55-65% (lower frequency, higher accuracy) - Combined with price action: 60-70% **Best Asset Classes:** 1. **Cryptocurrencies** (strong trends, clear signals) 2. **Forex Major Pairs** (smooth price action, good angles) 3. **Large-Cap Stocks** (trending behavior, liquid) 4. **Index Futures** (trending instruments) **Challenging Conditions:** - Low volatility consolidation periods - News-driven erratic movements - Thin/illiquid instruments - Counter-trending markets --- ## 🛡️ RISK DISCLAIMER **IMPORTANT LEGAL NOTICE:** This indicator is for **educational and informational purposes only**. It is **NOT financial advice** and does not constitute a recommendation to buy or sell any financial instrument. **Trading Risks:** - Trading carries substantial risk of loss - Past performance does not guarantee future results - No indicator can predict market movements with certainty - You can lose more than your initial investment (especially with leverage) **User Responsibilities:** - Conduct your own research and due diligence - Understand the instruments you trade - Never risk more than you can afford to lose - Use proper position sizing and risk management - Consider consulting a licensed financial advisor **Indicator Limitations:** - Signals are based on historical data only - No guarantee of accuracy or profitability - Parameters must be optimized for your specific use case - Results vary significantly by market conditions By using this indicator, you acknowledge and accept all trading risks. The author is not responsible for any financial losses incurred through use of this indicator. --- ## 📧 SUPPORT & FEEDBACK **Found a bug?** Please report it in the comments with: - Chart symbol and timeframe - Parameter settings used - Description of unexpected behavior - Screenshot if possible **Have suggestions?** Share your ideas for improvements! **Enjoying the indicator?** Leave a like and follow for updates!
Indicatore Pine Script®
di Smart-Day-Trader