Cicli
above or below closing after previous candel trend Strategy Explanation: "Show Green Arrow Below Candle After Red Arrow Above Candle"
This indicator highlights specific trading conditions on a chart using red and green arrows based on the relationship between a candle's closing price and the previous candle's high and low. Its primary purpose is to provide visual cues for potential reversal points or trend continuation opportunities without redundancy (avoiding consecutive signals).
How the Indicator Works:
Red Arrow (Above the Candle):
A red downward arrow is plotted above a candle when the current candle closes below the previous candle's low.
The red arrow signals a potential bearish movement or downward breakout, indicating weakness in price action.
Green Arrow (Below the Candle):
A green upward arrow is plotted below a candle when the current candle closes above the previous candle's high.
However, a green arrow only appears after a red arrow, indicating a potential bullish reversal or upward breakout following bearish price action.
Avoiding Redundant Signals:
The script ensures that there are no consecutive signals of the same color:
No consecutive green arrows are displayed even if multiple candles close above their respective highs.
No consecutive red arrows are displayed even if multiple candles close below their respective lows.
This prevents unnecessary clutter on the chart and focuses solely on transitions from bearish to bullish signals.
Trading Interpretation:
Red Arrows (Bearish Signal):
A red arrow indicates a bearish sentiment, as the current candle closes below the previous low. This may indicate a potential area to:
Initiate a short position if it aligns with your trading strategy.
Exercise caution and wait for the next signal if you’re already holding a long position.
Green Arrows (Bullish Reversal):
A green arrow signals bullish strength, as the current candle closes above the previous high, but only after price has shown bearish weakness (i.e., a red arrow). This may be a good area to:
Initiate a long position if it aligns with your strategy.
Look for signs of trend reversal or upside confirmation.
Scenarios to Use This Indicator:
This indicator fits well when trying to identify key moments of trend reversals or significant breakout levels. For instance:
Trend Reversal:
A red arrow may indicate the start of bearish momentum.
The first green arrow after the red arrow might signal a reversal from bearish to bullish momentum.
Consolidation and Breakout:
This indicator can help identify situations where price closes decisively above or below key points (previous highs/lows), which can suggest either breakout trades or fakeout signals depending on market reaction.
When NOT to Use This Indicator:
In highly choppy or ranging markets, where price action constantly oscillates above and below the previous high or low without establishing a clear trend. This can lead to false signals and poor trade setups because the market lacks a directional bias.
Best Practices:
Combine with Other Indicators:
Use this indicator in combination with trend-following indicators like Moving Averages, RSI (Relative Strength Index), or Bollinger Bands for confirmation.
Pair it with support and resistance levels to identify high-probability entries.
Adjust to Your Trading Style:
Day Traders: Use this on smaller timeframes (e.g., 5-minute, 15-minute).
Swing Traders: Use this on higher timeframes for stronger signals (e.g., hourly, daily).
Risk Management:
Always set stop-loss levels based on recent highs/lows or volatility metrics.
Position size appropriately to manage risk for potential false signals.
Summary of the Indicator Logic:
Plots red arrows above candles when:
The candle closes below the previous candle’s low.
Plots green arrows below candles when:
The candle closes above the previous candle’s high.
Only after a red arrow has appeared (no redundant green arrows).
Ensures no consecutive red or green arrows, focusing only on signal transitions (red → green).
This indicator helps traders identify potential trend changes and breakout points without cluttering the chart with excessive signals, making it a clean and straightforward addition to any trading strategy.
Hossa + Fear & Greed Combo [by Adi]This analytical tool combines two market assessment methods:
1. Bull Market — analysis of a potential “bull market” phase (growth and euphoria phase) and the risk of its end or the emergence of a speculative bubble.
2. Fear & Greed Index — a market sentiment indicator based on RSI and volume, showing levels of extreme fear or greed.
The script displays signals, chart backgrounds, information panels, and generates alerts for important market situations.
Details of each part
1. Input Parameters
• Bull Market:
o h_rsiLength — RSI length (default 14).
o h_rsiOverbought — RSI overbought level (default 70).
o h_maLength — moving average (MA) length (default 20).
o h_volLookback — volume average lookback period (10).
o h_bubbleMult — volume multiplier to detect a bubble (1.5).
o h_accelLookback — lookback period for price acceleration detection (5).
o Options to show signals, background, panel, and trend strength bar.
• Fear & Greed:
o fg_rsiLength — RSI length (14).
o fg_volLength — volume average length (20).
o Option to show colored background.
2. Bull Market Calculations
• RSI based on closing price.
• MA based on closing price.
• Average volume.
• Price acceleration (percentage price change relative to 5 bars ago).
Based on these, phases are defined as:
• Euphoria: RSI > 70 and price > MA — strong growth, potential bull market.
• Risk zone: RSI > 70 but price below MA and declining volume — possible bull market end.
• Speculative bubble: rapid price increase (>10% in 5 bars) and high volume (>1.5x average) — risk of a “bubble.”
The script also calculates how many days the current bull market has lasted and estimates the average length of previous euphoria phases and the probability of its end.
3. Bull Market Visualization
• Colored backgrounds on the chart: orange (euphoria), red (risk), purple (bubble).
• Chart markers (triangles) indicating risk of bull market end and bubble.
• Text panel showing current market state (phase, duration, average bull market length, probability, and estimated time to end).
• Histogram bar showing trend strength (orange, red, purple, or gray).
4. Bull Market Alerts
• Alert for possible bull market end.
• Alert for detected speculative bubble.
• Alert for exiting the euphoria phase.
5. Fear & Greed Calculations
• Calculation of RSI and volume (relative to average) to derive the market sentiment index.
• Index normalized to range 0–100, where:
o <25 = extreme fear,
o 25–75 = neutral,
o 75 = extreme greed.
6. Fear & Greed Visualization
• Colored background (red for fear, green for greed).
• Histogram of the index with horizontal lines at 25, 50, and 75.
• Alerts for extreme values (fear <25, greed >75).
Summary
The script allows comprehensive market analysis combining:
• Technical assessment of upward trends and possible turning points (bull market, bubble, risk of bull market end).
• Psychological evaluation of investor sentiment (Fear & Greed Index).
This helps traders gain a clearer picture of whether the market is in euphoria or approaching a correction or crash.
The script works best on the daily timeframe (1D).
NY Session Open Levels This indicator automatically draws horizontal lines at the opening prices of the New York trading session at 08:30, 09:30, and 10:00 AM NY time. Each line is labeled and extended to the right, providing clear reference points for key intraday levels. The lines and labels reset daily and are ideal for identifying reaction zones during the early U.S. trading hours.
NY Session Open Levels mit LabelsThis indicator automatically draws horizontal lines at the opening prices of the New York trading session at 08:30, 09:30, and 10:00 AM NY time. Each line is labeled and extended to the right, providing clear reference points for key intraday levels. The lines and labels reset daily and are ideal for identifying reaction zones during the early U.S. trading hours.
TotM - BTC Price Momentum (30-day)🇬🇧 ENGLISH VERSION
A simple and effective 30-day momentum indicator for Bitcoin.
This indicator calculates the 30-day price momentum of Bitcoin, expressed as a percentage change from the closing price 30 bars ago. It's a lightweight and visual tool to assess short-term strength or overheating of price movements.
🟦 Blue = positive momentum
🔴 Red = overheated (> +40%)
⚫ Gray = negative momentum
Reference lines at 0% and 40% mark equilibrium and overbought zones.
Feel free to customize it for other assets or timeframes.
For educational use only – not financial advice.
FLD Area - Future Lines of Demarcation by Nibbio996FLD Area v12 - Future Lines of Demarcation
Overview
Advanced FLD (Future Lines of Demarcation) indicator with area visualization for cycle analysis. Projects price levels into the future by half the cycle period, displaying high, low, and median as colored areas.
What are FLDs?
Future Lines of Demarcation are price levels shifted forward in time by approximately half the cycle wavelength. Used in cycle analysis to identify potential support/resistance levels and trend changes.
Key Features
Area visualization between high/low FLD lines with customizable colors
Three bands: Upper, Lower, and Total area with independent transparency
Dynamic labels: Customizable text with period display
Status line integration showing real-time FLD values
Flexible display options: Toggle individual lines, labels, and info displays
Parameters
Period: Cycle length (default: 40)
Colors: Customizable for main, upper, and lower areas
Transparency: Adjustable area opacity (0-100)
Labels: Toggle and customize indicator identification
Display Options: Individual lines, status info, top labels
Usage
Set Period based on your cycle analysis
Customize colors and transparency for chart clarity
Configure labels for identification
Analyze where price interacts with projected FLD areas
Applications
Cycle turning point identification
Dynamic support/resistance levels
Trend analysis with FLD projections
Multi-timeframe cycle analysis
FLD Area v12 by Nibbio996
Pine Script v5 | Overlay Indicator
For educational purposes. Use proper risk management.
Simple Trading ChecklistCustomisable Simple Trading Checklist
This script overlays a fully customizable trading checklist directly onto your chart, providing an at-a-glance reminder of key trading steps and conditions before entering a position.
It is especially useful for discretionary or rule-based traders who want a consistent on-screen process to follow.
KairosAlgo V2 [Alpha]- Indicator Name: "Kairos Algo V2 (Alpha)"
- Type: "Indicator"
- Language: Pine Script v6
RSI Z‑Score + TableRSI Z-Score + Table
This script calculates the Z-Score of the RSI (Relative Strength Index), which standardizes RSI based on its own recent history.
What It Shows:
RSI Z-Score = (Current RSI - Mean RSI) / Standard Deviation
This tells you how extreme the current RSI is compared to its historical values.
A table displays:
Current RSI
Rolling Mean
RSI Z-Score
How to Use:
Z-Score > +2 = Statistically overbought
Z-Score < -2 = Statistically oversold
Use it to time reversals or overextension in RSI behavior.
🔒 Based on rolling lookback window — fully customizable.
Author:
Tags: #RSI #ZScore #Momentum #StatisticalEdge #MeanReversion #Crypto
XAUUSD & BTCUSD Buy/Sell Signals (80% Accuracy)this script gives approx 80% real and correct indicators depending on market
Session Highlights with Toggle OptionsSession highlights that indicate movement activities during the day. Suitable for intraday timeframes. Cannot be use in Day and over. It comes with colorful highlights. You can edit your own color and opacity. The session .Enjoy your back test. Thank you
EMA 8 & 21 crossover change EMA 8 & 21 crossover change Indicator This custom TradingView indicator highlights trend shifts by changing candle colors when the 8 EMA crosses the 21 EMA. Bullish crossovers turn candles different color, while bearish crossovers turns different as well—making it easy to visually identify emerging trends and momentum shifts in real time.
Srini B - Zero Lag Trend SignalsFinal version with minor changes. This indicator displays buy & sell alerts as per settings defined and comes out really well. Just my own personal indicator for own use.
Night and Day Session Highlighter % (Valehson)- This script splits the day into night and day sessions and displays the price change in percentage.
- Этот скрипт разделяет день на вечерние и дневные сессии и показывает изменение цены в процентах.
MTF Clean Panelsit is bigger model of a earlier model then i have made earlier it helps you see multiple timeframes together and includes more daily timeframe and have also been introduced a new 4 hours candle structure
SmartMind2The MACD (Moving Average Convergence Divergence) is a popular technical indicator in trading, primarily used to detect trends and possible reversal points.
How is the MACD structured?
The MACD indicator consists of three components:
MACD Line:
Calculated as the difference between two exponential moving averages (EMAs), commonly 12 and 26 periods.
Formula:
MACD Line
=
𝐸
𝑀
𝐴
12
(
Price
)
−
𝐸
𝑀
𝐴
26
(
Price
)
MACD Line=EMA
12
(Price)−EMA
26
(Price)
Signal Line:
An exponential moving average (usually 9 periods) of the MACD line.
Formula:
Signal Line
=
𝐸
𝑀
𝐴
9
(
MACD Line
)
Signal Line=EMA
9
(MACD Line)
Histogram:
Graphically represents the difference between the MACD line and the Signal line.
Formula:
Histogram
=
MACD Line
−
Signal Line
Histogram=MACD Line−Signal Line
Interpretation of MACD:
Buy Signal: Occurs when the MACD line crosses above the signal line (bullish signal).
Sell Signal: Occurs when the MACD line crosses below the signal line (bearish signal).
Trend Reversal: A divergence between price movements and the MACD indicates a potential reversal (e.g., rising prices with a falling MACD).
SmartMind1Stochastic is a momentum indicator in trading, used to determine whether a price is overbought or oversold. It comes in two main variants:
1. Fast Stochastic
It consists of two lines:
%K line: Shows where the closing price is relative to the trading range of the recent periods.
%D line: A moving average of the %K line (typically 3 periods).
Characteristics:
Very responsive to price changes.
Generates numerous trading signals, but also more false signals.
2. Slow Stochastic
Also consists of two lines:
Slow %K line: Corresponds to the %D line of the Fast Stochastic.
Slow %D line: A moving average of the slow %K line (usually 3 periods).
Characteristics:
Produces fewer signals, but more precise and reliable.
Reduces false signals, making it preferable for identifying overbought or oversold conditions.
Practical Usage:
Values above 80 indicate overbought conditions (prices may soon fall).
Values below 20 indicate oversold conditions (prices may soon rise).
Traders generally prefer the Slow Stochastic for its greater reliability.
RSI Z‑Score + TableRSI Z-Score + Table
This script calculates the Z-Score of the RSI (Relative Strength Index), which standardizes RSI based on its own recent history.
What It Shows:
RSI Z-Score = (Current RSI - Mean RSI) / Standard Deviation
This tells you how extreme the current RSI is compared to its historical values.
A table displays:
Current RSI
Rolling Mean
RSI Z-Score
How to Use:
Z-Score > +2 = Statistically overbought
Z-Score < -2 = Statistically oversold
Use it to time reversals or overextension in RSI behavior.
🔒 Based on rolling lookback window — fully customizable.
Author:
Tags: #RSI #ZScore #Momentum #StatisticalEdge #MeanReversion #Crypto
