RSI Zone by-sohamMomentum-Based RSI Zones with Supertrend Confirmation :
This indicator enhances the traditional RSI by identifying momentum zones and overlaying them with Supertrend confirmation, providing clear visual cues for trend direction and momentum shifts.
Features:
Bullish Momentum Zone: When RSI crosses above 65, a bullish momentum zone begins and continues until RSI crosses below 35.
Bearish Momentum Zone: When RSI crosses below 35, a bearish momentum zone begins and continues until RSI crosses above 65.
RSI Color Reflects Supertrend: The RSI line changes color based on the Supertrend signal:
Green RSI Line when Supertrend is bullish.
Red RSI Line when Supertrend is bearish.
Usage:
Momentum traders can use this to spot extended bullish or bearish momentum periods, filtering out noise from normal RSI oscillations.
The Supertrend color overlay adds a trend filter, helping traders avoid false signals by aligning RSI signals with the broader trend.
Cicli
Optimized DMA Strategy for Short-Term StocksHere’s a simple explanation of when to enter going long, when to enter going short, when to stop out, and how this trading script works.
When to Enter Going Long (Buy)
The script gives you a green "BUY" signal when:
The price is above a slow-moving line (DMA) and a fast-moving line (EMA).
Momentum is good (not too high, but rising).
Trading volume is higher than usual.
The trend is strong.
The price just broke above yesterday’s high.
Simple Rule: See the green "BUY"? That’s your signal to buy!
When to Enter Going Short (Sell or Short)
The script shows a red "SELL" signal when:
The price is below the slow DMA and fast EMA.
Momentum is bad (not too low, but falling).
Volume is higher than usual.
The trend is strong.
The price just broke below yesterday’s low.
Simple Rule: See the red "SELL"? That’s your signal to sell or short!
When to Stop Out (Get Out)
After Buying (Long):
If the price closes below the fast EMA, you’ll see a gray "X".
That’s your signal to get out.
After Selling (Short):
If the price closes above the fast EMA, you’ll see a gray "X".
That’s your signal to get out.
Simple Rule: Gray "X" means stop and exit, no matter if you’re long or short.
How It Works (Very Simply)
The script is like a traffic light for trading:
Green "BUY" = Go long (buy).
Red "SELL" = Go short (sell).
Gray "X" = Stop (get out).
It uses:
Two lines (slow DMA and fast EMA) to check the price trend.
Momentum tools to make sure the move has energy.
Volume and trend strength to confirm it’s a real move.
A breakout (up for buy, down for sell) to time your entry.
The fast EMA to tell you when the trend flips and it’s time to exit.
It’s built to catch quick, short-term moves and keep you safe with a clear stop.
Summary
Buy: Green "BUY" when price breaks up and everything lines up.
Sell/Short: Red "SELL" when price breaks down and everything lines up.
Stop: Gray "X" when price crosses the fast EMA the wrong way.
It’s a simple checklist that says "go" or "stop" so you can trade fast and smart!
Disclaimer: Grok is not a financial adviser; please consult one. Don't share information that can identify you.
Short-Term Trading SignalsHow the Indicator Works
This indicator uses a multi-layered approach to generate reliable trading signals:
1. Trend Identification
20-Period SMA: Acts as a trend filter.
Price above the SMA indicates a bullish trend (eligible for buy signals).
Price below the SMA indicates a bearish trend (eligible for sell signals).
9-Period and 21-Period EMA Crossover:
A fast EMA crossing above the slow EMA signals a potential uptrend (buy).
A fast EMA crossing below the slow EMA signals a potential downtrend (sell).
2. Momentum Confirmation
RSI (10-Period): Ensures momentum aligns with the trade direction.
RSI > 50 for buy signals (bullish momentum).
RSI < 50 for sell signals (bearish momentum).
MACD (5,13,6): Confirms trend momentum.
MACD line above the signal line for buys.
MACD line below the signal line for sells.
3. Volume Filter
Volume > 20-Period Volume SMA: Ensures the price move is supported by significant market participation, reducing the likelihood of false breakouts.
Buy Signal Conditions
Price is above the 20-period SMA.
9-period EMA crosses above the 21-period EMA.
RSI is greater than 50.
MACD line is above the signal line.
Volume exceeds the 20-period volume SMA.
Sell Signal Conditions
Price is below the 20-period SMA.
9-period EMA crosses below the 21-period EMA.
RSI is less than 50.
MACD line is below the signal line.
Volume exceeds the 20-period volume SMA.
Why It’s Effective for 5-Minute and 15-Minute Timeframes
Responsive Trend Detection: The 9 and 21 EMAs are fast enough to catch short-term trend shifts on intraday charts.
Momentum Filters: RSI and MACD reduce whipsaws by confirming that momentum supports the trend.
Volume Confirmation: High volume ensures the signals occur during active market periods, avoiding choppy or low-liquidity conditions.
Timeframe Flexibility: The relative periods (e.g., 20 periods = 100 minutes on 5-min, 300 minutes on 15-min) adapt naturally to both timeframes.
How to Use the Indicator
Setup:
Copy and paste the script into TradingView’s Pine Editor.
Apply it to a 5-minute or 15-minute chart.
Trading Signals:
Buy: Look for a green "BUY" label below the bar. Enter a long position.
Sell: Look for a red "SELL" label above the bar. Enter a short position or exit a long.
Exit Suggestions (Not Coded):
Opposite Signal: Exit a buy on a sell signal, and vice versa.
Trend Reversal: Exit when price crosses the 20-period SMA in the opposite direction.
Manual Stops: Set a stop loss below the recent swing low (for buys) or above the recent swing high (for sells).
Risk Management:
Use a stop loss based on volatility (e.g., 2x ATR) or key support/resistance levels.
Consider a risk-reward ratio of at least 1:2.
Alerts:
Set up alerts in TradingView using the Buy Alert and Sell Alert conditions to get notified when signals occur.
Customization Options
Adjust Periods: Modify the input values (e.g., fast_ema_period, rsi_period) to optimize for specific assets or market conditions.
Tighter Filters: Increase the RSI threshold (e.g., 60 for buys, 40 for sells) or adjust MACD settings for stricter momentum confirmation.
Volume Sensitivity: Change the vol_sma_period to make the volume filter more or less restrictive.
Notes
Testing: Backtest the indicator on your chosen asset to ensure it fits the market’s behavior.
Market Conditions: Works best in trending markets; performance may vary in choppy or low-volatility conditions.
Complementary Tools: Pair with support/resistance levels or candlestick patterns for additional confirmation.
This indicator provides a robust framework for short-term trading on 5-minute and 15-minute timeframes, balancing trend, momentum, and volume to deliver actionable signals. Adjust as needed to suit your trading style and the specific asset you’re trading.
Disclaimer: Grok is not a financial adviser; please consult one. Don't share information that can identify you.
Power Balance Bull&Bear - CoffeeKillerPower Balance Bull&Bear - CoffeeKiller Indicator Guide
Welcome traders! This guide will walk you through the Power Balance Bull&Bear indicator, a unique and powerful market analysis tool developed by CoffeeKiller that visualizes the ongoing battle between buyers and sellers in any market.
Core Concept: Buyers vs. Sellers
The foundation of this indicator rests on a simple yet profound concept: every price movement in the market represents a battle between buyers and sellers.
Positive Green Line: Buyer Power
- Represents cumulative buying pressure in the market
- Tracks positive directional movement over a specified period
- Rising positive line indicates increasing buying momentum
- Peaks in the positive line show moments of maximum buyer dominance
Negative Red Line: Seller Power
- Represents cumulative selling pressure in the market
- Tracks negative directional movement over a specified period
- Falling negative line indicates increasing selling momentum
- Troughs in the negative line show moments of maximum seller dominance
Master Line: Market Balance
- Calculated as the difference between positive and negative movements
- Above zero: buyers are in control
- Below zero: sellers are in control
- Peaks and troughs: moments of extreme buyer or seller dominance
Core Components
1. Directional Movement Analysis
- Cumulative measurement of price changes in both directions
- Normalization for consistent visualization
- Optional smoothing for clearer signals
- Custom box size for sensitivity control
2. Distance Measurement
- Calculation of separation between buyer and seller lines
- Convergence and divergence thresholds
- Dynamic fill coloring based on distance trends
- Distance trend visualization
3. Peak Detection System
- Identification of local maxima and minima in buyer/seller dominance
- Background highlighting of significant peaks
- Zero-line cross detection for trend changes
- Visual cues for market extremes
4. Trend Analysis
- Buyer/seller line crossovers for major trend signals
- Distance trending for momentum confirmation
- Status monitoring (Near, Far, Normal)
- Direction tracking for both buyer and seller lines
Main Features
Time Resolution Settings
- Normal mode: calculations based on chart timeframe
- Custom resolution mode: calculations based on specified timeframe
- Multi-timeframe analysis capabilities
- Flexible time projection options
Visual Elements
- Color-coded buyer and seller lines
- Dynamic fill coloring based on convergence/divergence
- Background highlighting for significant peaks
- Distance line with threshold markers
Signal Generation
- Buyer/seller crossover alerts
- Convergence/divergence notifications
- Peak detection signals
- Status change alerts
Analysis Table(I personally don't use the table it was coded to take longer signals to show strength or weakness in overall trend)
- Current distance measurement
- Distance trend indication
- Status monitoring (Near, Far, Normal)
- Buyer and seller line trend tracking
Trading Applications
1. Trend Identification
- Buyer line crossing above seller line: bullish trend beginning
- Seller line crossing above buyer line: bearish trend beginning
- Distance between lines: trend strength
- Distance trending: momentum confirmation
2. Reversal Detection
- Peak formation after extended trend: potential exhaustion
- Buyer/seller line convergence: decreasing trend strength
- Distance falling below convergence threshold: potential trend change
- Background highlighting: visual cue for significant peaks
3. Momentum Analysis
- Increasing distance: accelerating trend
- Decreasing distance: decelerating trend
- Distance above divergence threshold: strong momentum
- Distance below convergence threshold: weak momentum
4. Market Balance Assessment
- Buyer line trend: indicates strength/weakness of bulls
- Seller line trend: indicates strength/weakness of bears
- Master line position relative to zero: overall market bias
- Distance between lines: consensus or disagreement in the market
Optimization Guide
1. Period Settings
- Longer period: smoother signals, less noise, fewer false signals
- Shorter period: more responsive, captures minor moves, potentially more noise
- Default (20): balanced approach for most timeframes
2. Box Size Parameter
- Smaller box size: more sensitive to price changes
- Larger box size: less sensitive, focuses on major moves
- Default (0.001): calibrated for typical price ranges
3. Distance Thresholds
- Convergence threshold: determines when lines are considered "near"
- Divergence threshold: determines when lines are considered "far"
- Adjusting these based on volatility of the instrument
4. Color Customization
- Positive Green line: representing buyer strength
- Negative Red line: representing seller strength
- Diverging fill: when the gap between buyers and sellers is increasing
- Converging fill: when buyers and sellers are moving closer together
Best Practices
1. Signal Confirmation
- Wait for buyer/seller crossovers to confirm
- Look for background highlighting at peaks
- Check distance trends for momentum confirmation
- Use the analysis table for additional context
2. Timeframe Selection
- Lower timeframes: more signals, potential noise
- Higher timeframes: cleaner signals, less frequent
- Custom resolution: allows comparison across timeframes
- Consider using multiple timeframes for confirmation
3. Market Context
- Strong buyer line rising + weak seller line: very bullish
- Strong seller line falling + weak buyer line: very bearish
- Both lines rising: volatile uptrend
- Both lines falling: volatile downtrend
4. Combining with Other Indicators
- Use with trend indicators for confirmation
- Pair with oscillators for overbought/oversold conditions
- Combine with volume analysis for validation
- Consider support/resistance levels when peaks form
Advanced Trading Strategies
1. Buyer/Seller Balance Strategy
- Enter long when buyer line crosses above seller line
- Enter short when seller line crosses above buyer line
- Use distance trend for filtering quality of signals
- Exit when distance falls below convergence threshold
2. Peak Trading Strategy
- Identify significant peaks with background highlighting
- Look for consecutive lower peaks in buyer line for shorting opportunities
- Look for consecutive higher troughs in seller line for buying opportunities
- Use master line crosses through zero as confirmation
3. Convergence/Divergence Strategy
- Enter positions when distance exceeds divergence threshold (strong trend)
- Take partial profits when distance starts decreasing
- Exit fully when distance falls below convergence threshold
- Re-enter when a new trend forms with increasing distance
4. Line Trend Combination Strategy
- Strongest bullish signal: Rising buyer line + falling seller line + increasing distance
- Strongest bearish signal: Falling buyer line + rising seller line + increasing distance
- Potential reversal signal: Decreasing distance + peak formation + line trend change
- Continuation signal: Consistent buyer/seller dominance + increasing distance after consolidation
Practical Analysis Examples
Bullish Market Scenario
- Buyer line trends upward as buying pressure increases
- Seller line remains flat or trends downward as selling pressure decreases
- Distance between lines expands, showing divergence (strong trend)
- Positive background highlights appear at new peaks in buyer dominance
- Master line moves further above zero
Bearish Market Scenario
- Seller line trends downward as selling pressure increases
- Buyer line remains flat or trends downward as buying pressure decreases
- Distance between lines expands, showing divergence (strong trend)
- Negative background highlights appear at new troughs in seller dominance
- Master line moves further below zero
Consolidation Scenario
- Buyer and seller lines move sideways
- Distance between lines narrows, showing convergence
- Few or no new peak highlights appear
- Master line oscillates close to the zero line
- Analysis table shows "Stable" trends for both buyer and seller lines
Understanding Market Dynamics Through Power Balance
At its core, this indicator provides a unique lens to visualize the ongoing battle between bulls and bears:
1. **Relative Strength**: When the buyer line rises faster than the seller line, bulls are gaining strength relative to bears - a bullish signal. When the seller line falls faster than the buyer line, bears are dominating - a bearish signal.
2. **Market Consensus**: Convergence between lines suggests market participants are reaching consensus about price direction. Divergence suggests growing disagreement and potential for stronger moves.
3. **Exhaustion Signals**: Major peaks in either line that are highlighted by background colors suggest moments where one side (buyers or sellers) has reached maximum strength - often precursors to reversals.
4. **Trend Confirmation**: The status indicators (Near, Far, Normal) provide context about the current market phase, helping confirm whether a trend is establishing, continuing strongly, or potentially fading.
Remember:
- Combine signals from buyer/seller lines, distance measurements, and peak formations
- Use appropriate timeframe settings for your trading style
- Monitor the analysis table for additional context
- Consider market conditions and correlate with price action
This indicator works best when:
- Used as part of a comprehensive trading system
- Combined with proper risk management
- Applied with an understanding of current market conditions
- Signals are confirmed by price action and other indicators
**DISCLAIMER**: This indicator and its signals are intended solely for educational and informational purposes. They do not constitute financial advice. Trading involves significant risk of loss. Always conduct your own analysis and consult with financial professionals before making trading decisions.
EMA 9 & EMA 21 CrossoverThe EMA 9 & EMA 21 crossover strategy with buy/sell signals and alerts. 🚀
It includes:
✅ EMA 9 & EMA 21 crossover signals
✅ Entry & Exit signals (BUY/SELL arrows)
✅ Alerts for automatic notifications
✅ Optional EMA 200 filter for trend confirmation
Volume DashboardThis Pine Script code is a Volume Dashboard Indicator for TradingView. It primarily focuses on analyzing buy and sell volume ratios, put-to-call ratios, and trend crossovers to assess market sentiment.
Key Features:
Volume Analysis
It calculates buy volume (green candles) and sell volume (red candles).
It determines the buy-to-sell ratio to understand market pressure.
Put-to-Call Ratio (PTCR) Analysis
It retrieves Put-to-Call ratio (USI:PCC) to measure market sentiment (above 1 is bearish, below 1 is bullish).
Trend Signals
Identifies bullish and bearish crossovers between buy and sell volumes.
Uses Simple Moving Averages (SMA) for smoothing volume ratios and PTCR.
Market Session Filter
Works within a specified trading session (09:30-16:00) to ensure accurate market data.
Data Table Display
Displays a custom table on the chart, showing:
Buy Volume & Sell Volume
Buy-to-Sell Ratio & SMA
Market Leader (Bulls vs. Bears)
Put-to-Call Ratio & SMA
Volume % Change
Overall Impression (Bullish/Bearish)
Color Coding & Alerts
Uses color-coded text and background for quick visual assessment.
Plots triangle markers on the chart when bullish or bearish crossovers occur.
Use Case:
This script is useful for day traders and swing traders who want to monitor volume trends, buy/sell imbalances, and market sentiment changes in real-time.
First 5-Min Green Candle Scanner (9:15-9:20) with AlertsThis script scans for stocks where the first 5-minute candle (9:15 - 9:20 AM) is green (Close > Open). It helps intraday traders quickly identify stocks showing early bullish momentum.
✅ Features:
📌 Detects 9:15 - 9:20 AM green candles.
📌 Works on multiple stocks (Auto Scanner).
📌 Displays results in a real-time table on the chart.
📌 Built-in Alerts 🔔 – No need to manually check stocks.
📌 Best for intraday traders & scalpers looking for early trend setups.
⚡ How to Use:
1️⃣ Apply this script to a 5-minute chart.
2️⃣ If a stock's first 5-min candle (9:15 - 9:20) is green, it will appear in the table.
3️⃣ Set alerts to receive automatic notifications when a stock meets the condition.
4️⃣ Use it with volume filters & price action strategies for better trade confirmation.
Fib Speed Resistance Fan with High/Low Lines & Alertsplots a Fibonacci Speed Resistance Fan using the first and third candles of the trading session starting at 9:15 AM. It also draws horizontal lines at the high and low of the first candle and triggers alerts when the price crosses these levels.
🔍 What the Script Does:
Identifies Key Candles
The script determines the first candle at 9:15 AM and the third candle of the session.
Draws the Fibonacci Speed Resistance Fan
Calculates Fibonacci levels (0.25, 0.5, 0.75, 1) based on the first and third candle's high and low.
Draws trendlines extending from the first candle's high/low to these levels.
Adds Horizontal Lines for Reference
A red dashed horizontal line at the first candle’s high.
A blue dashed horizontal line at the first candle’s low.
Triggers Alerts When Price Crosses Key Levels
Breakout Alert (🚀) → When price crosses above the first candle's high.
Breakdown Alert (🔻) → When price crosses below the first candle's low.
Alerts can be used for popup notifications, emails, or SMS alerts in TradingView.
Displays Labels on Chart When Price Crosses Levels
Shows a green "🚀 Breakout" label when price moves above the high.
Shows a red "🔻 Breakdown" label when price moves below the low.
DeepTrend IndicatorA powerful indicator for identifying momentum and trend reversals.
The DeepTrend Indicator (DTI) is an advanced technical indicator that combines EMA, SMA, and RSI, while also integrating volume data to enhance trend detection.
Improved DMA for Short-Term StocksKey Improvements
Here’s how I’ve enhanced your original script to make it better for short-term stock trading on a 5-minute timeframe:
1. Added Short-Term EMA Filter
What: Introduced a 5-period Exponential Moving Average (ema_short) as an additional trend filter.
How: Buy signals require the price to be above both the DMA and the short EMA, while sell signals require it to be below both.
Why: This ensures trades align with the immediate short-term trend, reducing noise and improving signal quality on fast-moving 5-minute charts.
2. Improved Volume Condition
What: Replaced the original volume comparison (volume > volume * volume_threshold for buys and volume < volume * volume_threshold for sells) with a 10-period Volume SMA (vol_sma).
How: Both buy and sell signals now require volume > vol_sma * volume_threshold.
Why:
Using a moving average smooths out volume spikes, providing a more stable threshold.
Requiring higher-than-average volume for both buys and sells confirms significant market participation, which is critical for short-term moves. (The original vol_down for sells was less intuitive for short-term trading, where selling pressure often comes with increased volume.)
3. Refined Stop Signal Logic
What: Replaced the simple DMA cross (ta.cross(close, dma)) with a more robust stop mechanism that tracks the last signal and uses the short EMA.
How:
A variable last_signal remembers whether the last signal was a "buy" or "sell."
Stop triggers when the price crosses the short EMA against the last signal (e.g., below ema_short after a buy, or above it after a sell).
Why:
The original stop was too sensitive, triggering on every DMA cross, which could lead to frequent false exits in volatile markets.
Using the faster ema_short makes the stop more responsive to short-term reversals, while tracking the last signal ensures it only triggers when the trend genuinely shifts.
4. Maintained Flexibility with Inputs
What: Kept all key parameters (e.g., dma_period, ema_short_period, atr_multiplier, volume_threshold) as customizable inputs.
Why: This allows you to fine-tune the indicator for specific stocks or market conditions without altering the code.
5. Visual and Alert Enhancements
What:
Added plotting for the short EMA (ema_short) in orange for visual reference.
Retained background highlighting and alerts for buy, sell, and stop signals.
Why: Improves usability by making trends and signals easier to spot on the chart and enabling real-time notifications.
Why These Changes Work for Short-Term Trading
Responsiveness: The short EMA and adjusted volume condition make the indicator quicker to react to price and volume shifts, which is essential for 5-minute chart trading.
Accuracy: Combining the displaced DMA with a short EMA and requiring momentum confirmation (RSI, MACD, Stochastic) filters out weaker signals.
Reduced False Signals: The refined stop logic prevents premature exits by requiring a meaningful trend reversal, balancing sensitivity with reliability.
How to Use the Indicator
Setup: Apply the indicator to a 5-minute chart of your chosen stock.
Signals:
Buy: Green "BUY" label below the bar when conditions align for a long entry.
Sell: Red "SELL" label above the bar when conditions align for a short entry.
Stop: Gray "X" above the bar when the price crosses the short EMA against the last signal, suggesting an exit.
Visuals:
Blue line = DMA.
Orange line = Short EMA.
Green background = Buy signal, Red background = Sell signal.
Alerts: Enable alerts in TradingView to get notified of buy, sell, or stop signals in real time.
Tips for Optimization
Adjust Parameters:
Lower ema_short_period (e.g., to 3) for even faster signals, or increase it (e.g., to 7) for smoother trends.
Tweak atr_multiplier (e.g., 1.0 for more signals, 2.0 for stricter entries) based on stock volatility.
Set volume_threshold below 1.0 if signals are too rare, or above 1.0 for stronger confirmation.
Backtesting: Test the indicator on historical data to ensure it suits your trading style and the specific stock’s behavior.
Risk Management: Use the stop signal as a guide but pair it with your own exit strategy (e.g., trailing stops or profit targets).
TR, ATR & DATRTr, Atr & Datr For Zone Marking. Validate Your Demand And Supply Zones Using This Free Indicator.
🔥 Trend Trap Shadow TraderDynamic EMA 50/200 trend filters.
RSI divergence logic.
Optional support/resistance lines.
In one indicator
Wall Street Ai**Wall Street Ai – Advanced Technical Indicator for Market Analysis**
**Overview**
Wall Street Ai is an advanced, AI-powered technical indicator meticulously engineered to provide traders with in-depth market analysis and insight. By leveraging state-of-the-art artificial intelligence algorithms and comprehensive historical price data, Wall Street Ai is designed to identify significant market turning points and key price levels. Its sophisticated analytical framework enables traders to uncover potential shifts in market momentum, assisting in the formulation of strategic trading decisions while maintaining the highest standards of objectivity and reliability.
**Key Features**
- **Intelligent Pattern Recognition:**
Wall Street Ai employs advanced machine learning techniques to analyze historical price movements and detect recurring patterns. This capability allows it to differentiate between typical market noise and meaningful signals indicative of potential trend reversals.
- **Robust Noise Reduction:**
The indicator incorporates a refined volatility filtering system that minimizes the impact of minor price fluctuations. By isolating significant price movements, it ensures that the analytical output focuses on substantial market shifts rather than ephemeral variations.
- **Customizable Analytical Parameters:**
With a wide range of adjustable settings, Wall Street Ai can be fine-tuned to align with diverse trading strategies and risk appetites. Traders can modify sensitivity, threshold levels, and other critical parameters to optimize the indicator’s performance under various market conditions.
- **Comprehensive Data Analysis:**
By harnessing the power of artificial intelligence, Wall Street Ai performs a deep analysis of historical data, identifying statistically significant highs and lows. This analysis not only reflects past market behavior but also provides valuable insights into potential future turning points, thereby enhancing the predictive aspect of your trading strategy.
- **Adaptive Market Insights:**
The indicator’s dynamic algorithm continuously adjusts to current market conditions, adapting its analysis based on real-time data inputs. This adaptive quality ensures that the indicator remains relevant and effective across different market environments, whether the market is trending strongly, consolidating, or experiencing volatility.
- **Objective and Reliable Analysis:**
Wall Street Ai is built on a foundation of robust statistical methods and rigorous data validation. Its outputs are designed to be objective and free from any exaggerated claims, ensuring that traders receive a clear, unbiased view of market conditions.
**How It Works**
Wall Street Ai integrates advanced AI and deep learning methodologies to analyze a vast array of historical price data. Its core algorithm identifies and evaluates critical market levels by detecting patterns that have historically preceded significant market movements. By filtering out non-essential fluctuations, the indicator emphasizes key price extremes and trend changes that are likely to impact market behavior. The system’s adaptive nature allows it to recalibrate its analytical parameters in response to evolving market dynamics, providing a consistently reliable framework for market analysis.
**Usage Recommendations**
- **Optimal Timeframes:**
For the most effective application, it is recommended to utilize Wall Street Ai on higher timeframe charts, such as hourly (H1) or higher. This approach enhances the clarity of the detected patterns and provides a more comprehensive view of long-term market trends.
- **Market Versatility:**
Wall Street Ai is versatile and can be applied across a broad range of financial markets, including Forex, indices, commodities, cryptocurrencies, and equities. Its adaptable design ensures consistent performance regardless of the asset class being analyzed.
- **Complementary Analytical Tools:**
While Wall Street Ai provides profound insights into market behavior, it is best utilized in combination with other analytical tools and techniques. Integrating its analysis with additional indicators—such as trend lines, support/resistance levels, or momentum oscillators—can further refine your trading strategy and enhance decision-making.
- **Strategy Testing and Optimization:**
Traders are encouraged to test Wall Street Ai extensively in a simulated trading environment before deploying it in live markets. This allows for thorough calibration of its settings according to individual trading styles and risk management strategies, ensuring optimal performance across diverse market conditions.
**Risk Management and Best Practices**
Wall Street Ai is intended to serve as an analytical tool that supports informed trading decisions. However, as with any technical indicator, its outputs should be interpreted as part of a comprehensive trading strategy that includes robust risk management practices. Traders should continuously validate the indicator’s findings with additional analysis and maintain a disciplined approach to position sizing and risk control. Regular review and adjustment of trading strategies in response to market changes are essential to mitigate potential losses.
**Conclusion**
Wall Street Ai offers a cutting-edge, AI-driven approach to technical analysis, empowering traders with detailed market insights and the ability to identify potential turning points with precision. Its intelligent pattern recognition, adaptive analytical capabilities, and extensive noise reduction make it a valuable asset for both experienced traders and those new to market analysis. By integrating Wall Street Ai into your trading toolkit, you can enhance your understanding of market dynamics and develop a more robust, data-driven trading strategy—all while adhering to the highest standards of analytical integrity and performance.
ADX Di+ Di- [Gu5]commented out the barcolor settings as it was overriding the TLD indicator's barcolor settings even when not using barcolor in ADX.
SUMMERMUTE for communitySummerMute for community
Phien ban danh cho cong dong SummerMute
Sau khi xuat hien cac tin hieu mua/ban, set Entry vao lenh la dinh/day cu truoc do, SL duoi dinh/day gan nhat, TP 1R hoac trailling.
HTF Vertical LineHTF Align Vertical Line
This indicator automatically plots a vertical line on your current chart when a higher timeframe candle is created. For example, if your current chart is set to 5 minutes, the indicator will plot a vertical line every time a 1-hour candle is created.
Timeframes and corresponding candles per vertical line:
- 1m - 15m = 15 candles per vertical line
- 3m - 15m = 12 candles per vertical line
- 5m - 1H = 12 candles per vertical line
- 15m - 4H = 16 candles per vertical line
- 30m - 4H = 8 candles per vertical line
- 1H - 1D = 23 candles per vertical line
- 4H - 1W = 30 candles per vertical line
Use With CISD For Potential Reversals
🔶 Disclaimer
Use with Caution: This indicator is provided for educational and informational purposes only and should not be considered as financial advice. Users should exercise caution and perform their own analysis before making trading decisions based on the indicator's signals.
Not Financial Advice: The information provided by this indicator does not constitute financial advice, and the creator (Tradewithron) shall not be held responsible for any trading losses incurred as a result of using this indicator.
Backtesting Recommended: Traders are encouraged to backtest the indicator thoroughly on historical data before using it in live trading to assess its performance and suitability for their trading strategies.
Risk Management: Trading involves inherent risks, and users should implement proper risk management strategies, including but not limited to stop-loss orders and position sizing, to mitigate potential losses.
No Guarantees: The accuracy and reliability of the indicator's signals cannot be guaranteed, as they are based on historical price data and past performance may not be indicative of future results.
Correlation X macroeconomicsFind the correlation between financial assets and the main Brazilian macroeconomic variables:
SELIC rate (Red)
PIB (Green)
Inflation (Blue)
Employment and income (Yellow)
Unlike other indicators that measure the correlation between two assets, the indicator "Correlation X macroeconomics" measures, for example, the correlation that the VALE3 asset has with the SELIC rate.
The correlation is obtained by calculating the variation suffered by a given asset on the day a given Brazilian macroeconomic variable is released.
This indicator can be used on any financial asset.
Use time frame chart = 1 day.
To calculate the correlation, data published by IBGE and the Central Bank of Brazil over a period of time are used. This time period is different depending on the selected macroeconomic variable. Namely:
16 PIB disclosures (4 years)
24 SELIC rate disclosures (3 years)
24 disclosures of IPCA and employment and income data (2 years)
You can select one or more macroeconomic variables to check the effect of correlation separately on each of them.
This indicator "Correlation X macroeconomics" will be updated monthly, as detailed below:
At the end of the day on which the PIB is released
At the end of the day on which employment and income data are released
At the end of the day following the day on which the SELIC rate is published
On the last business day of the month if none of the aforementioned disclosures occur
Normalize Edilmiş Fiyat-RSI UyumsuzluğuThis indicator visualizes the divergence between the rsi and the price by normalizing it.
First 5-Min Green Candle ScannerThis script scans for stocks where the first 5-minute candle of the market session is green (Close > Open). It helps intraday traders quickly identify stocks showing early bullish momentum.
✅ Features:
📌 Detects first 5-minute green candle after the market opens.
📌 Works on multiple stocks (Auto Scanner).
📌 Displays results in a real-time table on the chart.
📌 Useful for intraday traders & scalpers.
⚡ How to Use:
1️⃣ Apply this script to a 5-minute chart.
2️⃣ If a stock's first 5-min candle is green, it will appear in the table.
3️⃣ Use it with volume filters & price action strategies for better trade confirmation.
💡 Best for: Intraday traders, Scalpers & Momentum traders.
Moon+Lunar Cycle Vertical Delineation & Projection
Automatically highlights the exact candle in which Moonphase shifts occur.
Optionally including shifts within the Microphases of the total Lunar Cycle.
This allow traders to pre-emptively identify time-based points of volatility,
focusing on mean-reversion; further simplified via the use of projections.
Projections are calculated via candle count, values displayed in "Debug";
these are useful in understanding the function & underlying mechanics.