Inizia

Cicli

Neeson Mayer MultipleIntegrating the Mayer Multiple Indicator: A Practical Guide for Market Analysis Introduction The Mayer Multiple indicator is a specialized tool designed to assess asset valuations relative to their long-term historical trends. By comparing current price action against a long-term simple moving average, this indicator provides a quantitative framework for identifying potential overbought and oversold conditions. This article explains the rationale behind its design, operational mechanics, practical applications, and unique value proposition. Purpose and Functionality The primary function of the Mayer Multiple indicator is to measure how far current prices deviate from a long-term moving average, expressed as a ratio. This measurement helps traders and investors identify: Extreme valuation levels that may signal potential reversal points Long-term trend strength and sustainability Market psychology shifts between fear and greed cycles Originally popularized in Bitcoin analysis, the indicator's principles apply to any volatile asset class where mean reversion tendencies exist alongside strong trend characteristics. Operational Principles The indicator operates through several interconnected components: Core Calculation Mechanism At its heart, the indicator calculates the Mayer Multiple by dividing the current closing price by a configurable simple moving average (default: 200 periods). This ratio represents how many times the current price exceeds its long-term average, providing an immediate visual reference for valuation extremes. Multi-Level Threshold System Four configurable thresholds create distinct market condition zones: Optimal Buy Zone (default: 0.7) - Historically extreme undervaluation Undervalued Zone (default: 1.0) - Moderate undervaluation Overvalued Zone (default: 2.4) - Moderate overvaluation Optimal Sell Zone (default: 3.5) - Historically extreme overvaluation These thresholds create a graduated scale of market conditions rather than binary signals. Visual Signal Hierarchy A sophisticated color-coding system prioritizes different signal types based on their significance: White/Gray: Neutral territory (between undervalued and overvalued thresholds) Aqua: Entering undervalued territory (potential accumulation zone) White: Reaching optimal buying conditions (historically rare opportunities) Yellow: Entering overvalued territory (potential distribution zone) Orange: Reaching optimal selling conditions (historically rare extremes) Green: Emerging from optimal buying conditions (momentum shift confirmation) Red: Retreating from optimal selling conditions (momentum reversal confirmation) This hierarchy helps users distinguish between entry signals, exit signals, and confirmation signals. Integration Rationale The integration of these components follows a logical progression: Mathematical Foundation The moving average provides a stable reference point that filters out short-term noise while maintaining sensitivity to long-term trend changes. The ratio format normalizes values across different price levels and timeframes, enabling cross-asset comparisons. Behavioral Finance Alignment The threshold system corresponds to documented market psychology patterns. The extreme thresholds (optimal buy/sell) represent points where fear or greed typically reach maximum intensity, while the moderate thresholds represent early warning levels. Progressive Signal Detection The indicator tracks both threshold breaches and retreats from extreme zones. This dual-tracking approach captures not only when conditions become extreme but also when they begin to normalize—often the most actionable moments for position adjustments. Component Synergy The indicator's components work together through a continuous feedback loop: Calculation Engine: Continuously computes the core ratio, serving as the foundation for all subsequent analysis. Threshold Comparator: Compares the current ratio against user-defined thresholds, categorizing market conditions in real-time. Signal Generator: Identifies specific events (threshold crossings, zone entries/exits) and assigns appropriate visual representations. Visual Renderer: Displays the information through colored histograms, reference lines, and data tables, creating an intuitive interface. Alert System: Monitors for predefined conditions and notifies users of significant developments without requiring constant screen monitoring. This integrated approach transforms raw price data into structured, actionable information while maintaining mathematical rigor and visual clarity. Practical Application Guidelines Parameter Customization Users should adjust parameters based on: Asset volatility (higher volatility assets may require wider thresholds) Timeframe (longer timeframes may benefit from longer moving averages) Personal risk tolerance (conservative traders may use tighter thresholds) Signal Interpretation Framework Zone-Based Analysis: Focus on which zone the indicator occupies rather than chasing individual data points Confirmation Seeking: Use extreme zone signals (white/orange) as alerts for further analysis rather than automatic trade triggers Momentum Assessment: Observe how quickly the indicator moves between zones as a measure of trend strength Complementary Tools The Mayer Multiple works best when combined with: Volume analysis to confirm participation during extreme readings Momentum indicators to identify potential divergence Support/resistance levels for precise entry/exit timing Fundamental analysis for context validation Distinctive Attributes Original Implementation Features Progressive Color System: Unlike binary indicators, this implementation provides graduated signals through a carefully prioritized color hierarchy. Dual-Signal Detection: The indicator captures both threshold breaches and retreats, offering insights into momentum shifts rather than just static levels. Contextual Display: The integrated data table provides immediate access to key metrics without cluttering the chart space. Customizable Framework: All thresholds and calculation periods are adjustable, allowing adaptation to different market regimes and trading styles. Practical Innovation The indicator's design emphasizes usability through: Immediate visual comprehension via color coding Clear separation between alert conditions and confirmation signals Balanced information density (sufficient data without overload) Flexible integration with existing trading workflows Responsible Usage Considerations Empirical Perspective Historical analysis suggests that assets frequently revert toward their long-term moving averages, but the timing and extent of such reversions vary significantly. The indicator identifies statistical extremes rather than predicting immediate price movements. Risk Management Integration Users should: Treat extreme readings as risk management triggers rather than directional forecasts Consider position sizing based on distance from the moving average Implement stop-loss strategies regardless of indicator readings Avoid allocating excessive weight to any single indicator Performance Realism The indicator does not guarantee profitable outcomes. Its value lies in providing structured information about valuation extremes, which must be interpreted within broader market context and individual risk parameters. Conclusion The Mayer Multiple indicator represents a thoughtfully integrated approach to long-term valuation analysis. By combining mathematical rigor with behavioral insights and practical visualization, it provides traders with a structured framework for assessing market extremes. Its modular design allows customization while maintaining core analytical integrity, and its emphasis on graduated signals helps avoid the oversimplification common in technical indicators. When used as part of a comprehensive trading methodology with appropriate risk management, it can contribute valuable perspective to the decision-making process.
Indicatore Pine Script®
di neeson1987
Double Top/Bottom Auto Highlighter - Gate SymbolsAutomatically spots classic reversal patterns with intuitive gate symbols: • Double Bottom (bullish W-shape) → 🚪🔓 (gate open – opportunity unlocked) • Double Top (bearish M-shape) → 🚪🔒 (gate closed – resistance holding) Features: • Pivot-based detection with adjustable lookback & tolerance • Subtle background highlights (green/red) when pattern forms • Toggleable gate symbols – clean and meaningful • Very lightweight – no clutter, perfect for gold, silver, futures How to use: - 🚪🔓 after a sell-off → potential long/bounce setup - 🚪🔒 after a rally → potential short/resistance play - Combine with volume spikes or your WC Cross Clouds for stronger signals Tweak pivot length (5–10) and tolerance (0.3–0.8%) to match your timeframe. Open source – feel free to use, modify or expand! dove– Chesapeake, VA
Indicatore Pine Script®
di dovetIlflenkydove
Celestial StateCelestial State (C1) – Market Bias & Candle Intent Celestial State (C1) is a price-action indicator designed to clarify market bias, momentum, and risk conditions using nothing but candle structure. No indicators. No lag. Just clean candle logic. The tool separates state (what the market is) from intent (what the market is doing right now). 🔹 Core Concept The indicator works on the chart timeframe and uses closed candles only to define market state. It then monitors the current candle to identify: momentum confirmation early warnings potential trap / reversal behaviour 🔹 Market State (Based on C1 – last closed candle) State is derived from the relationship between the last two closed candles: Bull Trend Start Bearish candle → Bullish candle Bull Continuation Bullish candle → Bullish candle Bear Trend Start Bullish candle → Bearish candle Bear Continuation Bearish candle → Bearish candle This defines the directional environment before any decision is made. 🔹 Bias & Momentum (Live Candle) Once state is defined, the current candle is monitored relative to the previous candle’s high and low. Strong Buy Bullish state Previous candle bullish Current candle breaks previous high Strong Sell Bearish state Previous candle bearish Current candle breaks previous low These represent momentum continuation with confirmation. Buy / Sell (Normal Bias) Price is in a bullish or bearish state No momentum break yet This is directional bias without confirmation. Changing Bias Bullish state + previous low broken Bearish state + previous high broken This warns that control is being challenged and conditions may be shifting. 🔹 Flip (Strict Order) A Flip is a high-risk condition where expansion fails: Bull Flip Current candle breaks previous high first, then breaks previous low Bear Flip Current candle breaks previous low first, then breaks previous high This often signals: failed breakouts stop hunts transition zones 🔹 Visual Output Top-right panel shows: Current Celestial State (C1) Current Bias (Strong Buy / Sell / Changing Bias) Short explanation (e.g. High broken, Low broken) On-chart markers are intentionally minimal and offset away from price to reduce clutter. 🔹 Who This Is For This indicator is built for traders who: trade price action want context before execution prefer clarity over complexity understand that bias ≠ entry ⚠️ Disclaimer This tool does not provide entries, exits, or risk management. It is a context and intent framework, not a signal system. Use it as a decision-support layer alongside your own execution rules.
Indicatore Pine Script®
di thecelestialtrader
Bank Nifty RSI Dynamic v6This is a specialized mean-reversion strategy designed for Bank Nifty (NSE:NIFTYBANK) on the 5-minute timeframe. It focuses on capturing rapid reversals when the market reaches extreme overbought or oversold conditions based on the Relative Strength Index (RSI). Unlike standard RSI strategies that wait for a cross back into the neutral zone, this script uses asymmetric dynamic exits to lock in profits early as momentum shifts. How it Works Timeframe: Optimized for 5m (Intraday). Bullish Entry (Call): Triggers when the RSI closes below 30. This identifies a potential "exhaustion" in selling pressure. Bearish Entry (Put): Triggers when the RSI closes above 68. This identifies a potential "overextension" in buying pressure. Dynamic Exits: Calls are closed when RSI recovers to 45. Puts are closed when RSI cools down to 56. Position Sizing: Fixed at 3 Lots (90 units), calibrated for the 2026 Bank Nifty lot size. Key Features Pine Script v6: Built using the latest TradingView standards for faster execution and better backtesting accuracy. Capital Efficiency: Includes a zero-margin override to ensure the backtester reflects the full 3-lot position regardless of account leverage settings. Visual Signals: Uses clear plotshape triangles (Green for Call, Red for Put) directly on the price chart for easy manual execution or alert monitoring. Risk Disclaimer Bank Nifty is highly volatile. This strategy does not include a fixed stop loss by default (exits are momentum-based), so users should be prepared for drawdowns during strong trending phases where RSI remains in extreme zones for extended periods. Always backtest on your preferred broker's data before going live.
Strategia Pine Script®
di rahulrana95
15m FVG Alerts with Timezone and time selectorThis indicator will help you detect 15m FVGs on NQ. After setting the alert, you can check the chart to see if the FVG aligns with the Bias. This way, when the price reenters this FVG, we can check the LTF for an IFVG that aligns with the Bias. If you find this FVG interesting, set a manual alert on the FVG again, let the price return, and see if you can initiate a continuation trade towards the clear DOL. You can also specify a time window for the alerts to arrive. This indicator is for "NQ1!"
Indicatore Pine Script®
di Bonkie90
MTT Liquidity Transmission Z-ScoreUnderstanding the Liquidity Transmission Indicator This indicator is a multi-asset dashboard designed to reveal the "invisible" plumbing of the financial markets. By normalizing four distinct macro drivers into Z-scores, it allows you to compare disparate data points—interest rates, volatility, and equity ratios—on a single unified scale (typically ranging from -3 to +3). How to Interpret the Data Expansion (Positive Z-Scores): When the lines move above the zero median, it signals easing conditions. For example, a rising US Policy Impulse suggests falling yields and a more accommodative Fed, providing a "tailwind" for risk assets. Contraction (Negative Z-Scores): When lines drop below zero, liquidity is tightening. A plummeting Credit Transmission line indicates widening corporate spreads, suggesting that banks are less willing to lend, which often precedes market corrections. The "Confluence" Signal: The strongest trading environments occur when all four lines align. If Speculative Excess and International Impulse are both surging alongside US policy, you are witnessing a global "Risk-On" regime. Trading Application Watch for divergences. If the S&P 500 is making new highs but the Liquidity Transmission lines are trending lower (becoming "overbought" or exhausted), the market is likely running on fumes. Conversely, look for "oversold" bounces from the -2.0 level as potential entry points for a mean-reversion swing trade.
Indicatore Pine Script®
di mad_tom_trading
1
EMA Touch & Price Action (Perfect Match)Indicator Name: EMA Touch & Price Action (Perfect Match) 【Overview】 This indicator is designed for traders who rely on precision and clarity. It automatically detects touches on up to four Exponential Moving Averages (EMAs) and identifies high-probability reversal patterns: the Engulfing (Outside Bar) and the Pin Bar. The core strength of this script is the "Perfect Match" logic. Unlike many other tools that suffer from signal lag or "repainting" (where signals appear or disappear after the bar closes), this indicator ensures that the signals align perfectly with the price action on the chart. By focusing on confirmed price data, it provides a reliable foundation for real-time decision-making. 【Key Features】 Quad-EMA Touch Detection: Displays four customizable EMAs (Default: 10, 20, 40, 80). When a candle's wick or body touches an EMA, a color-coded dot (●) appears below/above the bar, instantly showing which level is being tested. Advanced Engulfing Logic ("包"): Goes beyond simple size comparison. It requires a color reversal (e.g., a green bar following a red bar) and a breakout of the previous candle’s high/low to confirm strong momentum shift. Refined Pin Bar Detection ("Pin"): Filters out "fake" pins by calculating the ratio between the wick and the body. You can adjust the sensitivity (Wick Ratio) in the settings to match your specific market (Forex, Crypto, or Stocks). Zero-Offset, Confirmed Signals: Signals are displayed directly on the current bar. By using the "Once Per Bar Close" alert setting, you ensure that you only trade on fully completed price action patterns. 【Settings (Parameters)】 EMA 1–4 Length: Customize the periods for your moving averages. Pin Bar Wick Ratio: Adjust how long the wick must be relative to the body (Default is 2.0x). 【How to Trade】 Trend Following (Pullbacks): The highest win rates occur when the market is trending. Look for a "Combo" where price pulls back to a medium-to-long-term EMA (EMA 20 or 40), touches it, and prints an Engulfing or Pin Bar signal in the direction of the trend. Confluence: When multiple EMA dots appear on the same bar as a "包" or "Pin" label, it indicates a significant zone of support or resistance.
Indicatore Pine Script®
di cupship
Neeson Trend Price Oscillator Pulse EditionNeeson Trend Price Oscillator Pulse Edition: A Comprehensive Market Cycle Analysis Tool Overview and Purpose The Trend Price Oscillator Pulse Edition is a sophisticated technical analysis indicator designed to identify major market cycle tops and bottoms. This tool operates as a standalone oscillator in a subchart, providing clear visual signals of overbought and oversold conditions within the context of long-term market cycles. Developed for position traders and long-term investors, it focuses on capturing significant market turning points rather than short-term fluctuations. Integration Rationale and Component Synergy The indicator integrates three core analytical concepts into a cohesive system: Detrended Price Oscillator (DPO) Foundation: Traditional DPO methodology isolates cyclical price movements by removing the underlying trend component. This creates a clearer view of oscillatory behavior without the distortion of long-term directional bias. Normalization Framework: By converting raw DPO values to a standardized 0-100 scale, the indicator establishes consistent reference points for market extremes across different instruments and timeframes. This normalization enables meaningful comparison of oscillator readings regardless of absolute price levels. Dynamic Threshold System: The implementation of adjustable threshold levels (default: 95% for overbought, 5% for oversold) creates adaptive boundaries that respond to changing market volatility and cycle characteristics. These components work synergistically: The DPO extracts cyclical information from price action, the normalization process standardizes this information for consistent interpretation, and the threshold system provides actionable decision points based on historical extremes. Operational Mechanism The indicator calculates a detrended price value by comparing current price against a displaced moving average. This detrended value is then normalized against its historical range over a specified lookback period, transforming it into a percentage-based oscillator. A smoothing filter is applied to reduce noise and highlight significant movements. The oscillator's movement through threshold zones generates four distinct market signals: Entry into overbought territory (crossing above 95%) Exit from overbought territory (crossing below 95%) Entry into oversold territory (crossing below 5%) Exit from oversold territory (crossing above 5%) Each signal corresponds to a specific market condition hypothesis regarding institutional versus retail trader dynamics in major market cycles. Practical Application Guidelines Primary Use Cases: Identification of potential major cycle turning points on weekly and monthly timeframes Confirmation tool for existing trading strategies requiring cycle analysis Risk management through recognition of extreme market conditions Interpretation Framework: Overbought Conditions (Oscillator ≥ 95%): Suggest potential selling pressure from major market participants. Consider reducing long exposure or implementing protective measures. Oversold Conditions (Oscillator ≤ 5%): Indicate potential accumulation zones by institutional buyers. Consider establishing or adding to long positions using dollar-cost averaging strategies. Threshold Crossings: Monitor for exits from extreme zones as potential confirmation that a cycle peak or trough may have formed. Parameter Considerations: Default parameters (548-period oscillator, 274-period offset, 1096-period lookback) are optimized for identifying major market cycles. Users may adjust these values for different market conditions or timeframes, though significant parameter changes will alter the indicator's sensitivity and signal frequency. Originality and Distinctive Features This implementation incorporates several innovative aspects: Extended Cycle Focus: Unlike most oscillators designed for shorter timeframes, this tool employs exceptionally long calculation periods specifically for identifying primary market cycles. Dynamic Normalization: The lookback-based normalization adapts to changing market conditions without requiring manual recalibration. Multi-Signal Alert System: Four distinct alert conditions provide nuanced information about market state transitions rather than simple binary signals. Integrated Risk Context: Each signal includes contextual information about potential market participant behavior, encouraging disciplined risk management. Empirical Considerations and Limitations The indicator provides probabilistic assessments based on historical price behavior, not predictive certainties. Market conditions may change, rendering historical patterns less reliable. Users should consider: The indicator performs best in trending or cyclical markets; it may generate false signals during extended range-bound periods. No technical indicator, including this one, can guarantee future market movements. Proper position sizing and risk management should accompany all trading decisions, regardless of indicator signals. Expected User Outcomes When used as part of a comprehensive trading plan, this indicator can help users: Identify potential reversal zones in major market cycles Develop patience by focusing on significant rather than frequent trading opportunities Maintain objective perspective during market extremes through quantitative assessment Coordinate entry and exit timing with cycle analysis The Trend Price Oscillator Pulse Edition represents a specialized tool for traders seeking to align their strategies with major market cycles through systematic analysis of price oscillation behavior relative to long-term trends.
Indicatore Pine Script®
di neeson1987
Peak Trading Activity Graphs [LuxAlgo]The Peak Trading Activity Graphs displays four graphs that allow traders to see at a glance the times of the highest and lowest volume and volatility for any month, day of the month, day of the week, or hour of the day. By default, it plots the median values of the selected data for each period. Traders can enable the Median Delta feature to further highlight differences in the data. The graphs are customizable in width and height and feature gradient colors by default. 🔶 USAGE The tool is simple yet powerful. Using the three main parameters on the settings panel, traders can display up to four different graphs and up to 16 different configurations. There are two main types of data: volume and volatility. There are also four different time periods: months, days of the month, days of the week, and hours of the day. There is also the possibility of displaying the raw medians or the delta between them. Understanding which time periods have the most and least volume and volatility is essential for any trader. From avoiding trading during periods of low volume to properly sizing positions during periods of high volatility, there are multiple use cases directly related to improving execution and risk management. 🔹 Months This chart shows the monthly volume and volatility of NQ as medians at the top and as the delta of medians at the bottom. As we can see on the left-hand chart, the volume is fairly consistent throughout the year. January, March, and October have the highest volume, and December has the lowest volume for obvious reasons. Note the bottom chart with the delta feature enabled, which clearly shows the top and bottom periods. On the right, we have volatility, which is also evenly distributed throughout most months. October is the most volatile month, and March is the least volatile month. The differences are also very clear on the bottom chart with delta enabled. Traders may want to compare median volatility and volume by month to size positions and favor exposure during historically high-activity months. 🔹 Days of Month The same NQ charts are shown, but in this case, the Days of Month period has been selected. As you can see, this displays a calendar-like graph. The volume is on the left, the volatility is on the right, and the delta feature is enabled on the bottom charts. This feature allows for stronger differences in gradient. The top charts show that the raw medians of both volume and volatility are evenly distributed. We need to enable the delta feature on the bottom charts to see where the most and least volume and volatility are. Traders can use median activity by calendar day to anticipate liquidity expansions or contractions and adjust trade frequency. 🔹 Days of Week In this case, we have BTC charts with the same layout as before. Notably, the difference in volume on weekends is not as pronounced from a volatility perspective on those same days. A practical use case can be differentiate high-risk, high-participation weekdays from low-activity sessions to select trend or range-based strategies. 🔹 Hours of Day This shows the volume and volatility of each hour of the day for gold futures. As we can see, the most volume and volatility occur during the three hours around the RTH open at 8:00, 9:00, and 10:00 a.m. Traders may want to isolate hours with the highest median volatility and volume to concentrate execution and avoid low-liquidity periods. 🔹 Assets Comparison This tool allows us to compare different assets over the same period. In this case, we are comparing the hours of the day for 10-year notes, the S&P 500, silver, and the yen. Each asset has a different volatility profile throughout the day. With the Delta feature enabled, we can clearly see the differences. The 10Y Notes move from 7:00 to 9:00 and from 2:00 to 9:00. The Yen moves from 7:00 to 9:00 and from 2:00 to 9:00. Silver moves from 8:00 to 10:00. The S&P 500 moves from 8:00 to 9:00 and from 14:00 to 15:00. All times are in exchange time. 🔹 Sizing & Coloring Graphs Traders can adjust the width and height of the graphs, as well as the text size, at will. Traders can choose from four different color configurations in the settings panel. 🔶 SETTINGS Data: Select the type of data to display: Volume or Volatility. Period: Select the time period to display: Month, Day of Month, Day of Week, or Hours. Display delta between medians. Display the difference between the medians as a percentage. The smaller median is 0 and the larger median is 100. Enabling this feature highlights the differences between values. 🔹 Graph Graph: Select the graph location. Size: Select the graph size. Width: Select the graph width. Height: Select the height of the graph. 🔹 Style Colors: Select a color map: Viridis, Plasma, Magma, or Custom. Custom Cold: Select a custom color for cold (low values). Custom Lukewarm: Select a custom color for lukewarm (medium values). Custom Hot: Select a custom color for hot (high values).
Indicatore Pine Script®
di LuxAlgo
6
Target Ladder Pro - MTF ATR + HIT ConfirmationTarget Ladder Pro is a volatility-based target framework that plots multi-timeframe ATR-derived upper and lower reference levels on the price chart and can optionally print HIT confirmations when a defined ATR target is reached. This script is designed to provide structured volatility context (reach zones, range framing, and objective “target reached” tagging). It does not predict price direction, does not guarantee outcomes, and is not intended as a standalone signal generator. What This Script Displays 1) Multi-Timeframe ATR Target Ladder (1H / 4H / 1D / 1W) For each enabled timeframe, the script calculates ATR using higher-timeframe data via request.security() (no lookahead), then plots: Upper level: Base + ATR × Multiplier Lower level: Base − ATR × Multiplier The “Base” can be set to: the current chart price (for immediate relevance), or the timeframe’s own close (for a strict MTF reference) Each timeframe’s upper and lower levels are drawn as price-chart lines. Last-Bar Target Balloons (per timeframe) On the last bar, the script prints balloon labels for each timeframe’s upper and lower level. Horizontal x-offsets are configurable per timeframe to keep stacked labels readable. 2) ATR Target + Deviation Bands (Context Layer) A separate ATR target module calculates a single ATR reference level for the current bar based on candle direction (up/down close relative to the prior close). It also optionally plots: a mean line (moving average), and up to four standard-deviation bands (mean ± N × deviation) These bands provide statistical range context around price. Target / HIT Labels (per bar) When enabled: a Target label marks the computed ATR target level a HIT label appears when price reaches that target on the same bar (high/low touch rule) An optional filter can require that the ATR target is inside the first deviation band before printing a HIT label, reducing HIT labels during extended conditions. Label history can be limited to the most recent N labels or allowed to persist (with a safety cap). How to Use Enable the timeframes you want to display (e.g., 1H / 4H / 1D / 1W). Adjust ATR length and multipliers per timeframe to match the asset’s volatility profile. Choose whether MTF ladder levels are anchored to current price or the timeframe’s own close. Use the ladder levels as volatility reach reference zones above and below price. Use Target/HIT labels as objective “condition occurred” markers for review and journaling. Notes and Limitations ATR levels are volatility references, not forecasts or guarantees. Targets may be reached frequently in high-volatility regimes and rarely in compressed markets. HIT labels indicate that a defined volatility condition occurred; they do not imply reversal or continuation on their own. This script is provided for informational and educational purposes only and does not constitute financial advice.
Indicatore Pine Script®
di Dinjin
EMA Touch & Color-Filtered Engulfing「前の足が陰線であること」という重要なフィルターが加わり、ついにロジックが完成しましたね！ TradingViewのコミュニティで高い評価を得るための、専門的かつ分かりやすい**「完全版・英語説明文」**を作成しました。そのままコピーして投稿にお使いください。 Title EMA Touch & Color-Filtered Engulfing Description 🚀 Overview This indicator is a professional-grade price action tool designed for high-probability trend-following entries. It combines 4-layer Exponential Moving Averages (EMA) with a Strict Color-Filtered Engulfing logic. The script is optimized to find moments where the market sentiment completely shifts—confirmed by price breaking through the previous candle's extreme levels (Highs/Lows) while reversing the candle color. 💎 Key Features Strict Color-Filtered Logic: Bullish (Long): A Green candle must engulf a Red candle’s High. This confirms that buyers have completely overpowered the previous sellers. Bearish (Short): A Red candle must engulf a Green candle’s Low. This confirms that sellers have completely overtaken the previous buyers. High-Break / Low-Break Confirmation: Unlike standard body-only engulfing patterns, this script requires the current close to break the previous candle's wick extremes, ensuring stronger momentum. 4-Layer EMA Structure: Default settings (10, 20, 40, 80) help you visualize dynamic support and resistance zones instantly. Minimalist Visuals: The Japanese character "包" (Engulf) marks high-conviction signals. Small dots indicate precise EMA Touch moments. 📈 How to Trade with This Script Trend Alignment: Identify the trend direction using the 4 EMA lines. The Retest: Wait for the price to pull back and touch an EMA line (look for the dot). The Confirmation: Execute when the "包" signal appears. This indicates that the trend is resuming with enough force to swallow the previous counter-trend candle's range. 🔔 Integrated Alerts You can set alerts for: EMA Touches: Be notified the moment price hits your key levels. Engulfing Signals: Catch momentum shifts as they happen. Combo Signals (Recommended): Receive an alert only when a "True Engulfing" occurs on an EMA touch—the highest probability setup.
Indicatore Pine Script®
di cupship
EMA Touch True Engulfing### Overview This script is a premium technical analysis tool that combines **Multi-EMA Touch Alerts** with a highly strict **"True Engulfing"** price action filter. Unlike standard engulfing indicators that only look at the candle body, this version requires the current candle to engulf the **entire range (including wicks)** of the previous candle. This ensures you only see the most powerful reversal signals near key dynamic support and resistance. ### Key Features * **Strict "True Engulfing" Logic**: Signals only appear when the current candle's body completely swallows the previous candle's High and Low. * **4-Layer EMA Setup**: Tracks 4 customizable EMAs (Default: 10, 20, 40, 80) for trend context. * **Minimalist Visuals**: Uses the Japanese character **"包"** (meaning "Engulf") for a clean, non-intrusive chart layout. * **Green Label**: High-probability Bullish Engulfing. * **Red Label**: High-probability Bearish Engulfing. * **Combo Alerts**: Built-in alert conditions for EMA touches, True Engulfing patterns, and a "Combo Alert" for when both happen simultaneously. ### How to Trade 1. **Trend Context**: Identify the primary trend using the EMAs. 2. **The Retest**: Wait for the price to pull back to an EMA. 3. **The Confirmation**: Look for the **"包"** label. This indicates that the market has completely rejected the EMA level by overpowering the previous candle's entire range.
Indicatore Pine Script®
di cupship