EMA ivis Breakout StrategyA proven strategy combines exponential moving averages (EMAs) with a breakout filter to trade only in clear market trends. I originally developed this for BTCUSD, but it also works well with other assets.
Exit Rules:
Stop-Loss: 1.5 times the ATR below/above the entry price.
Take-Profit: 2 times the ATR above/below the entry point.
Time Filter:
The indicator provides signals only during the defined trading hours. You can adjust these settings manually.
This strategy is best applied in the 15-minute timeframe.
Eine bewährte Strategie kombiniert gleitende Durchschnitte (EMAs) mit einem Breakout-Filter, um nur bei klaren Markttrends zu handeln. Entwickelt habe ich diese für BTCUSD, funktioniert aber auch in anderen Assets.
Ausstiegsregeln:
Für den Stop-Loss: 1,5-fache ATR unterhalb/oberhalb des Einstiegskurses.
Für den Take-Profit: 2-fache ATR über/unter dem Einstiegspunkt
Zeit Filter:
Der Indikator liefert nur in der definierten Handelszeit Signale. Diese können SIe selbstständig in den Einstellungen verändern.
Die Strategie kann man bestens in 15min anwenden. :-)
Medie mobili
Bull Market Support Band (SMA 20 & EMA 21) [rowoger]BMSB SMA 20h EMA 21h as said. Bull/bear shadow area.
Good luck :)
RSI & EMA IndicatorMulti-Timeframe EMA & RSI Analysis with Trend Merging Detection
This multi-timeframe indicator helps traders identify trend direction, confirm momentum, and detect potential trend shifts using Exponential Moving Averages (EMAs) and the Relative Strength Index (RSI) across Daily, Weekly, and Monthly timeframes.
It provides a visual table showing trend alignment (via EMAs) and momentum strength (via RSI), helping users assess both long-term and short-term market conditions.
How It Works
✅ Trend Direction via EMAs:
Tracks Short (5 & 12-period), Medium (34 & 50-period), and Long (72 & 89-period) EMAs.
Green cells indicate a bullish alignment (faster EMA above slower EMA), while red cells indicate bearish alignment.
This visual guide helps traders quickly gauge market momentum across multiple timeframes.
✅ Momentum Confirmation with RSI:
Displays RSI(14) values for Daily, Weekly, and Monthly timeframes.
Helps assess overbought/oversold conditions to confirm trend strength or weakness.
✅ Trend Shift Detection (EMA Merging):
Alerts traders when EMAs get close (within 0.5% of price), suggesting potential trend reversals, consolidations, or breakouts.
A "⚠️ Merge" icon appears when such conditions are detected.
Who Is This Indicator For?
📊 Swing & Position Traders:
Identify strong trends and potential momentum shifts for longer-term trades.
📈 Trend Followers:
Stay aligned with major market trends and avoid trading against momentum.
⚡ Day Traders:
Use Daily EMAs & RSI for short-term entries while referencing higher timeframes for confirmation.
How to Use the Indicator:
Add the indicator to any chart.
Check the table at the top-right corner:
Green cells = Bullish trend alignment
Red cells = Bearish trend alignment
RSI values show momentum; values above 70 = overbought, below 30 = oversold
Look for "⚠️ Merge" alerts for potential trend reversals or consolidation phases.
Combine insights from all three timeframes for stronger trade decisions.
Why This Indicator Is Unique:
✅ Multi-timeframe trend analysis in one visual tool.
✅ EMA merging detection to spot potential trend shifts early.
✅ Momentum validation with RSI across Daily, Weekly, and Monthly timeframes.
✅ Simplifies analysis by reducing chart clutter while providing actionable data.
📢 Tip: Aligning bullish or bearish trends across multiple timeframes often provides higher-confidence trade setups.
🔔 Disclaimer:
This indicator is for educational purposes only and is not financial advice. Trading involves risk; always use proper risk management.
BUY Signal with Williams %R, CMA, and ResetИндикатор предназначен для поиска сигналов на покупку ("BUY") и набора позиции на основе следующих условий:
Пересечение индикатора Williams %R уровня -80 снизу вверх.
Текущая цена закрытия находится ниже значения Cumulative Moving Average (CMA).
Текущая цена должна быть ниже цены предыдущей метки "BUY" (условие последовательного снижения).
Если цена закрытия становится выше CMA, значение последней метки "BUY" сбрасывается.
На каждой метке "BUY" отображается значение цены.
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The indicator is designed to search for buy signals ("BUY") and set a position based on the following conditions:
The Williams %R indicator crosses the -80 level from bottom to top.
The current closing price is below the Cumulative Moving Average (EMA) value.
The current price must be lower than the price of the previous "BUY" label (the condition for a sequential decrease).
If the closing price becomes higher than the CMA, the value of the last "BUY" label is reset.
The price value is displayed on each "BUY" label.
My script//@version=6
indicator("EMA VIP", shorttitle=".", format=format.price, precision=0, overlay=true, max_bars_back=481)
len1 = 5
src1 = close
out1 = ta.ema(src1, len1)
len2 = 10
src2 = close
out2 = ta.ema(src2, len2)
len3 = 21
src3 = close
out3 = ta.ema(src3, len3)
len4 = 50
src4 = close
out4 = ta.ema(src4, len4)
len5 = 100
src5 = close
out5 = ta.ema(src5, len5)
len6 = 200
src6 = close
out6 = ta.ema(src6, len6)
plot(out1, title="EMA5", color=color.green, linewidth=2)
plot(out2, title="EMA10", color=color.blue, linewidth=2)
plot(out3, title="EMA21", color=color.purple, linewidth=2)
plot(out4, title="EMA 50", color=color.orange, linewidth=2)
plot(out5, title="EMA 100", color=color.black, linewidth=2)
plot(out6, title="EMA 200", color=color.red, linewidth=2)
Fibonacci Rainbow EMAs & 55/144 CrossThe "Fibonacci Rainbow EMAs & 50/200 Cross" indicator is a powerful tool for visualizing price trends and identifying potential trading opportunities. It combines two key components: a Fibonacci-based EMA rainbow and a moving average crossover system.
Fibonacci Rainbow EMAs:
This indicator plots seven Exponential Moving Averages (EMAs) based on Fibonacci numbers: 8, 13, 21, 55, 89, 144, and 233. These EMAs are color-coded in a rainbow sequence (Red, Orange, Yellow, Green, Aqua, Blue, Purple) to provide a clear visual representation of the short-term, medium-term, and long-term price trends. The rainbow effect helps traders quickly assess the overall market direction and identify potential support and resistance levels. When the EMAs are aligned in the correct order (8 above 13, 13 above 21, etc.), it suggests a strong uptrend. The opposite order suggests a downtrend. Compression of the rainbow suggests consolidation, while expansion suggests increasing volatility.
55/144 EMA Cross Detection:
In addition to the rainbow, the script detects and visually highlights crossovers between the 55-period EMA and the 144-period EMA.
Bullish Cross: When the 55-period EMA crosses above the 144-period EMA, a green upward-pointing triangle is plotted below the bar. This signals a potential shift towards bullish momentum.
Bearish Cross: When the 55-period EMA crosses below the 144-period EMA, a red downward-pointing triangle is plotted above the bar. This signals a potential shift towards bearish momentum.
Alerts:
The indicator includes customizable alerts for both bullish and bearish crossovers. These alerts can be configured within TradingView to notify you when a crossover occurs, allowing you to react quickly to potential trading opportunities. The alert messages specifically state which EMAs have crossed (55 and 144).
Key Features:
Visual Trend Identification: The rainbow EMAs provide a clear, color-coded view of the trend.
Crossover Signals: The 55/144 EMA crossovers generate potential buy and sell signals.
Customizable Alerts: Real-time alerts keep you informed of significant market events.
Fibonacci Sequence: The use of Fibonacci numbers for EMA lengths adds a mathematical basis often considered significant in market analysis.
How to Use:
Use the EMA rainbow to identify the overall trend direction.
Look for 55/144 EMA crossovers as potential entry or exit points.
Combine the indicator with other technical analysis tools for confirmation.
Customize the alerts to fit your trading style.
Disclaimer: This indicator is for informational and educational purposes only and should not be considered financial advice. Trading involves risk, and 1 past performance is not indicative of future results. Always do your own research and consult with a qualified financial advisor before making any investment decision.
Simple Breakout + EMA 9Overview
This technical indicator is designed to identify potential entry points in trending markets by combining EMA (Exponential Moving Average) crossovers with price action confirmation. The indicator works across all timeframes and is particularly effective in capturing the beginning of strong trend movements.
Technical Components
Key Components
-- made by @immortaltraderA on twitter --
EMA9 (9-period Exponential Moving Average)
Price action analysis
Lower high pattern recognition
Closing price confirmation
Entry Conditions
The indicator generates a buy signal when ALL of the following conditions are met in sequence:
Price moves above the EMA9
A lower high forms after the initial EMA9 crossover
Price breaks above the lower high
First signal confirmation after these conditions are met
Exit Conditions
The position should be closed when:
Price closes below the EMA9
Must wait for the candle to complete its close for confirmation
Implementation Guidelines
Signal Generation Process
Monitor EMA9 crossovers
After an upward crossover, track price action for lower high formation
When a lower high is broken, generate entry signal
Monitor closing prices relative to EMA9 for exit signals
Risk Management
Entry Points:
Wait for candle close above the breakout level
Confirm volume is supporting the movement
Stop Loss Considerations:
Consider placing stops below the most recent swing low
Alternative: Place stop below the EMA9 with buffer
Position Sizing:
Base position size on the distance to stop loss
Consider using fixed risk percentage per trade
Rainbow EMAs & 50/200 cross w/ alertsRainbow EMAs & 50/200 cross w/ alerts
This indicator provides a visually appealing and informative way to track key moving averages and identify potential trend reversals. It combines two powerful tools: a rainbow of Exponential Moving Averages (EMAs) and a 50/200 EMA cross detection system.
Key Features
Rainbow EMAs: The script plots seven EMAs with distinct, vibrant colors, creating a "rainbow" effect on your chart:
8-period EMA (Red)
13-period EMA (Orange)
21-period EMA (Yellow)
50-period EMA (Green)
100-period EMA (Aqua)
200-period EMA (Blue)
800-period EMA (Purple)
This rainbow visualization helps quickly assess the short, medium, and long-term trends. The order and spacing of the EMAs provide insights into the strength and direction of the current price action. Faster EMAs (8, 13, 21) react quickly to price changes, while slower EMAs (200, 800) represent longer-term trends.
50/200 EMA Cross Detection: The indicator specifically highlights the crucial crossover events between the 50-period EMA and the 200-period EMA. These crosses are widely recognized as significant signals:
50/200 EMA Cross Detection: The indicator specifically highlights the crucial crossover events between the 50-period EMA and the 200-period EMA. These crosses are widely recognized as significant signals:
Golden Cross (Bullish): When the 50 EMA crosses above the 200 EMA, it's considered a bullish signal, suggesting a potential uptrend. A green triangle is plotted below the bar to mark this event.
Death Cross (Bearish): When the 50 EMA crosses below the 200 EMA, it's considered a bearish signal, suggesting a potential downtrend. A red triangle is plotted above the bar to mark this event.
Alerts: Built in alerts that notify you when a Golden Cross or a Death Cross occurs.
Offset: All shapes for crosses are offset by -1.
How to Use:
Trend Identification: Observe the overall slope and order of the rainbow EMAs. An upward slope with faster EMAs above slower EMAs suggests an uptrend. A downward slope with faster EMAs below slower EMAs suggests a downtrend.
Support and Resistance: The EMAs can act as dynamic support and resistance levels. Look for price to bounce off or be rejected by these lines.
Cross Signals: Use the 50/200 EMA crosses as confirmation signals for potential trend changes. Consider other technical indicators and price action for further confirmation before making trading decisions.
Disclaimer: This indicator is for informational and educational purposes only and should not be considered financial advice. Trading involves risk, and 1 past performance is not indicative of future results. Always do your own research and consult with a qualified financial advisor before making any investment decision.
Scalper Overlay with RSI Bars & Key LevelsScalper Overlay with RSI Bars & Key Levels
A comprehensive trading indicator that combines price action patterns, supply/demand zones, and multiple technical analysis tools to help identify potential trading opportunities across different timeframes.
Key Features:
1. Supply and Demand Zones
- Automatically identifies and plots supply and demand zones based on swing highs and lows
- Break of Structure (BOS) detection when price breaks through zones
- Customizable zone width and history settings
- Visual distinction between supply (resistance) and demand (support) zones
2. Moving Average System
- Four Smoothed Moving Averages (SMMA):
- 20 SMMA (Green)
- 50 SMMA (Blue)
- 100 SMMA (Yellow)
- 200 SMMA (Red)
- Trend fill between EMA(2) and SMMA(200) for quick trend visualization
- Green fill indicates bullish trend
- Red fill indicates bearish trend
3. Pattern Detection
Multiple candlestick pattern alerts including:
- Three Line Strike (Bullish/Bearish)
- Three White Soldiers and Three Black Crows
- Harami Patterns (Bullish/Bearish)
- Engulfing Patterns (Bullish/Bearish)
4. RSI-Based Candle Coloring
- Dynamic candle coloring based on RSI levels
- Customizable overbought (70) and oversold (30) levels
- Helps identify potential reversal zones
5. Trading Session Visualization
- Customizable trading session times
- Multiple timezone support
- Day-of-week selection
- Visual session highlighting
Settings
Supply/Demand Settings Levels
- Swing High/Low Length: Controls the sensitivity of zone detection
- History To Keep: Number of zones to display
- Box Width: Size of supply/demand zones
- Customizable colors for supply/demand zones and labels
Moving Average Settings
- Adjustable lengths for all four SMAs
- Customizable colors and line widths
Pattern Detection Settings
- Toggle individual pattern alerts
- Customizable visual indicators for each pattern
- Alert messages for trading signals
Trading Session Settings
- Flexible session time configuration
- Multiple timezone options
- Trading day selection
- Session background color customization
Use Cases
1. **Scalping/Day Trading**
- Use pattern detection for entry signals
- RSI candle coloring for momentum confirmation
- Trading session visualization for high-activity periods
2. **Swing Trading**
- Supply/demand zones for key support/resistance levels
- Moving average system for trend direction
- Break of Structure signals for trend changes
3. **Position Trading**
- Multiple timeframe analysis using moving averages
- Major supply/demand zones for position sizing
- Pattern recognition for entry/exit timing
Notes
- Best used on timeframes from 1 minute to daily charts
- Combine multiple confirmations for stronger trading signals
- Adjust settings based on your trading style and instrument volatility
- Use the trading session feature to focus on your preferred market hours
- Monitor Break of Structure (BOS) events for potential trend changes
Recommended Settings
Start with default settings and adjust based on:
- Instrument volatility
- Trading timeframe
- Personal trading style
- Market session preferences
The indicator combines technical and price action analysis to provide a comprehensive trading tool suitable for various trading styles and timeframes.
Money Flow Indicator (Chaikin Oscillator) with VWAPStrategy Overview
Entry Conditions:
Buy Entry:
The Chaikin Oscillator crosses above the signal line.
The current price is above the VWAP.
Sell Entry:
The Chaikin Oscillator crosses below the signal line.
The current price is below the VWAP.
Exit Conditions:
Profit Taking:
Take profit when a target profit is reached (e.g., a 2% increase from the entry price).
Stop Loss:
Set a stop loss, for example, at a 1% decline from the entry price.
Risk Management:
Manage risk by limiting each trade to no more than 1-2% of the account balance.
Calculate position size based on risk and trade accordingly.
Trend Confirmation:
Use other indicators (like moving averages) to confirm the overall trend and focus trades in the direction of the trend.
In an uptrend, prioritize buy entries; in a downtrend, prioritize sell entries.
Specific Trade Scenarios
Example 1: Buy Entry:
Enter a buy position when the Chaikin Oscillator crosses above the signal line and the price is above the VWAP.
Set a stop loss 1% below the entry price and a profit target 2% above the entry price.
Example 2: Sell Entry:
Enter a sell position when the Chaikin Oscillator crosses below the signal line and the price is below the VWAP.
Set a stop loss 1% above the entry price and a profit target 2% below the entry price.
Additional Considerations
Backtesting: Test this strategy with historical data to evaluate performance and make adjustments as needed.
Market Conditions: Pay attention to market volatility and economic indicators, adjusting the trading strategy flexibly.
Psychological Factors: Avoid emotional decisions and follow clear rules when trading.
EMA Crossover Indicator9 Day EMA Crosses Above 21 day EMA When this crossover happens on intraday and daily time frame it indicates for a buy. intraday time frame 5 min and 15 min.
Scalper Overlay with RSI Bars & Key LevelsThis is a comprehensive technical analysis overlay indicator called "Scalper Overlay with RSI Bars & Key Levels".
It combines several powerful trading tools and patterns in one indicator:
1. Moving Averages System:
- Plots four Smoothed Moving Averages (SMMA) at 20, 50, 100, and 200 periods
- Includes a 2-period EMA with trend filling (green when trending up, red when trending down)
2. RSI Integration:
- Features a 14-period RSI implementation
- Displays colored candles based on RSI levels (green above 70, red below 30)
- Includes toggle options for RSI candle visibility and color customization
3. Pattern Recognition:
- Three Line Strike patterns (both bullish and bearish)
- Three White Soldiers and Three Black Crows patterns
- Harami patterns (bullish and bearish)
- Engulfing candle patterns (labeled as "Big A$$ Candles")
4. Trading Session Tools:
- Customizable trading session visualization
- Timezone selection (multiple options from Sydney to Chicago)
- Flexible session time settings
- Day-of-week session filtering
- Background highlighting for active trading sessions
This indicator is particularly useful for scalpers and day traders who want to:
- Identify trend direction using multiple timeframe analysis
- Spot potential reversal patterns
- Monitor trading sessions
- Track momentum using RSI
- Identify strong candlestick patterns
The indicator offers extensive customization options through its inputs, allowing traders to show/hide various components and adjust colors and parameters to their preferences.
Bull Bear Power VWAPThis is my version of bull/Bear Power based on VWAP, This measures how far the high price is above VWAP of the close price over a given period
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Normalized RSI Trendline with DivergencesNormalized RSI Trendline with Divergences
🔹 Overview
The Normalized RSI Trendline with Divergences indicator enhances traditional RSI analysis by normalizing RSI values within a defined range and applying a trend-following approach. It also detects bullish and bearish divergences to highlight potential trend reversals.
🔹 Features
✔ Normalized RSI Calculation – The RSI values are normalized between -1 and 1 to provide a clearer representation of market momentum.
✔ Trend & Center Lines – A trendline based on linear regression and an adaptive moving average (ALMA) for smoother trend visualization.
✔ Divergence Detection – Identifies regular and hidden divergences, displaying signals directly on the chart.
✔ Customizable Parameters – Users can adjust the signal period, lookback range, trend length, and divergence sensitivity to fit different trading strategies.
🔹 How to Use
Trend Following: The trendline helps identify the overall market direction.
Divergence Signals:
🟢 Bullish Divergence (Potential upward reversal)
🔴 Bearish Divergence (Potential downward reversal)
🟩 Hidden Bullish Divergence (Trend continuation signal)
🟧 Hidden Bearish Divergence (Trend continuation signal)
This script is suitable for trend traders, swing traders, and divergence-based strategies. Customize the settings to match your preferred trading style. 🚀
📌 Disclaimer: This script is for educational purposes only and does not constitute financial advice. Always conduct your own analysis before making trading decisions.
150-Day SMA//@version=5
indicator("150-Day SMA", overlay=true)
len = 150
sma150 = ta.sma(close, len)
plot(sma150, title="150-Day SMA", color=color.orange, linewidth=2)
The Money Printer v3🚀 Say goodbye to stress and second-guessing! This algorithmic strategy is built to spot high-probability trades, manage risk dynamically, and let the trends do the heavy lifting. Whether you're catching breakouts or riding strong trends, this strategy adapts to market conditions so you can trade smarter, not harder.
🔥 What Makes It Tick?
✅ EMA Crossover Strategy – Identifies trend shifts so you’re trading with momentum, not against it.
✅ MACD Confirmation – Helps avoid weak trends by ensuring momentum is in your favor.
✅ RSI Filter – No chasing tops or selling bottoms—just smart, calculated entries.
✅ ATR-Based Stop-Loss & Trailing Stop – Adjusts dynamically to market volatility.
✅ Volume Surge Filter (Optional) – Want to trade with the whales? This filter helps confirm big moves.
✅ Position Sizing on Autopilot – Risk per trade is calculated based on equity for smarter capital allocation.
📊 How It Works:
🔹 Long Entries: Triggered when EMAs cross bullishly, RSI confirms strength, and MACD aligns.
🔹 Short Entries: Triggered when EMAs cross bearishly, RSI confirms weakness, and MACD signals momentum shift.
🔹 Dynamic Stop-Loss & Trailing Stop: Uses ATR to adapt to price action and volatility.
🔹 Volume Filter (Optional): Can be turned on to confirm institutional participation.
⚠️ Trading Smart, Not Reckless
This strategy is designed to enhance decision-making, but remember—markets are unpredictable. Backtest, tweak settings, and use proper risk management before live trading.
💎 Why Use It?
✔️ Reduces Emotional Trading – Signals based on logic, not FOMO.
✔️ Works on Any Timeframe – Scalping, swing trading, position trading—it adapts.
✔️ Let the Market Work for You – Spot trends, ride momentum, and manage risk automatically.
Ready to level up your strategy? Plug it into TradingView and let the signals roll in! 🚀💰
This keeps it fun and engaging while following TradingView’s rules. Let me know if you want any tweaks! 🎯🔥
EMA POD Indicator #gangesThis script is a technical analysis indicator that uses multiple Exponential Moving Averages (EMAs) to identify trends and track price changes in the market. Here's a breakdown:
EMA Calculation: It calculates six different EMAs (for periods 5, 10, 20, 50, 100, and 150) to track short- and long-term trends.
Trend Identification:
Uptrend: The script identifies an uptrend when the EMAs are in ascending order (EMA5 > EMA10 > EMA20 > EMA50 > EMA100 > EMA150).
Downtrend: A downtrend is identified when the EMAs are not in ascending order.
Trend Change Tracking: It tracks when an uptrend starts and ends, displaying the duration of the trend and the percentage price change during the trend.
Visuals:
It plots the EMAs on the chart with different colors.
It adds green and red lines to represent the ongoing uptrend and downtrend.
Labels are displayed showing when the uptrend starts and ends, along with the trend's duration and price change percentage.
In short, this indicator helps visualize trends, track their changes, and measure the impact of those trends on price.
EMA/MA with OHCL Candle and Long Wick – A Comprehensive Trading
Dear Traders,
I am excited to introduce EMA/MA with OHCL Candle and Long Wick, a powerful trading indicator designed to enhance market analysis by combining Exponential Moving Averages (EMA), Simple Moving Averages (MA), OHCL candle patterns, and long wick detection into a single tool.
Key Features:
✅ Customizable Wick Size & Timeframe – Adapt the indicator to different market conditions by adjusting wick size and analyzing price action over any timeframe.
✅ EMA & MA for Trend Analysis – Includes multiple EMAs and MAs (5, 9, 15, 20, 50, 100, 200) to help identify trends and potential reversals.
✅ Long Wick Signal Detection – Identifies strong Buy and Sell opportunities based on wick size, signaling potential market turning points.
✅ OHCL Candle Analysis – Highlights OHCL patterns to provide additional insights into price action.
✅ User-Friendly & Lightweight – Efficiently coded for seamless performance on TradingView.
This indicator is perfect for traders looking to refine their entry and exit strategies by leveraging price action and moving averages. Whether you're a scalper, day trader, or swing trader, this tool provides valuable insights to enhance your decision-making.
Give it a try, and let me know your feedback! 🚀
Best regards,
Purnendu Singh
ATR BandsThe ATR Bands indicator is a volatility-based tool that plots dynamic support and resistance levels around the price using the Average True Range (ATR). It consists of two bands:
Upper Band: Calculated as current price + ATR, representing an upper volatility threshold.
Lower Band: Calculated as current price - ATR, serving as a lower volatility threshold.
Key Features:
✅ Measures Volatility: Expands and contracts based on market volatility.
✅ Dynamic Support & Resistance: Helps identify potential breakout or reversal zones.
✅ Customizable Smoothing: Supports multiple moving average methods (RMA, SMA, EMA, WMA) for ATR calculation.
How to Use:
Trend Confirmation: If the price consistently touches or exceeds the upper band, it may indicate strong bullish momentum.
Reversal Signals: A price approaching the lower band may suggest a potential reversal or increased selling pressure.
Volatility Assessment: Wide bands indicate high volatility, while narrow bands suggest consolidation.
This indicator is useful for traders looking to incorporate volatility-based strategies into their trading decisions
Dynamic VWAP Levels (V1.0)The script calculates bands around the VWAP (Volume Weighted Average Price) using the Average True Range (ATR) to adjust the levels according to market reality. Buy and sell signals are generated when the price crosses these bands.
Customizable Parameters SmoothingLength (SmoothLength): The period used to smooth the levels. A higher value results in smoother bands that are less susceptible to rapid fluctuations.
Use EMA for smoothing?: Selects between using the Exponential Moving Average (EMA) or the Simple Moving Average (SMA) for smoothing.
ATR Length: The period used to calculate the ATR, which determines the frequency.
ATR Multiplier: A multiplier that adjusts the amplitude of the bands around the VWAP.
How the Script Works Calculating VWAP and Bands: The VWAP is calculated to obtain the volume weighted average price.
Bands are created around the VWAP by adding or subtracting a fraction of the ATR to account for the current market variation.
Smoothing Application: Price levels are smoothed to reduce market noise, allowing for better visualization of trends.
Signal Generation: Buy Signal: Generated when price crosses upwards the smoothed lower band (default dp7_smooth).
Sell Signal: Generated when price crosses downwards the smoothed upper band (default dp1_smooth).
Tillson T3 Moving Average (improved)T3 Moving Average – Advanced Smoothing for Trend Analysis
Overview
The Tillson T3 Moving Average (T3 MA) is a superior smoothing moving average that reduces lag while maintaining responsiveness to price changes. Unlike traditional moving averages such as SMA, EMA, or WMA, the T3 applies multiple levels of smoothing, making it more adaptive to market conditions.
How It Works
The T3 MA is an exponentially smoothed moving average with a factor that controls the level of smoothing. This multi-layered smoothing process allows it to:
✅ React faster than a standard EMA while still filtering out market noise.
✅ Smooth out price fluctuations better than SMA or WMA, reducing false signals.
✅ Reduce lag compared to traditional moving averages, making it useful for both trend identification and entry/exit decisions.
How to Use This Script
🔹 Trend Identification – Use T3 MA as a dynamic trend filter. Price above T3 signals an uptrend, while price below signals a downtrend.
🔹 Direction Signal – The direction of the T3 MA (i.e. sloping upwards or downwards) can itself be used as a signal. The script allows the MA line to be colored, so it's easier to spot.
🔹 Crossover Signals – Combine T3 with another moving average (e.g., a shorter T3 or EMA, SMA, etc.) to generate trade signals when they cross.
🔹 Support & Resistance – The T3 can act as dynamic support and resistance in trending markets.
Features of This Script
✅ Custom Source Selection – Apply T3 not just to price, but also to any indicator (e.g., RSI, volume, etc.).
✅ Customizable Length & Smoothing – Adjust how smooth and responsive the T3 MA is.
✅ Optional Color Changes – The T3 MA can dynamically change color based on trend direction, making it easier to read.
✅ Versatile for Any Strategy – Works well in trend-following, mean-reversion, and breakout trading systems.
This script is ideal for traders looking for a smoother, more adaptive moving average that reduces noise while remaining reactive to price action. 🚀
Uptrick: Alpha TrendIntroduction
Uptrick: Alpha Trend is a comprehensive technical analysis indicator designed to provide traders with detailed insights into market trends, momentum, and risk metrics. It adapts to various trading styles—from quick scalps to longer-term positions—by dynamically adjusting its calculations and visual elements. By combining multiple smoothing techniques, advanced color schemes, and customizable data tables, the indicator offers a holistic view of market behavior.
Originality
The Alpha Trend indicator distinguishes itself by blending established technical concepts with innovative adaptations. It employs three different smoothing techniques tailored to specific trading modes (Scalp, Swing, and Position), and it dynamically adjusts its parameters to match the chosen mode. The indicator also offers a wide range of color palettes and multiple on-screen tables that display key metrics. This unique combination of features, along with its ability to adapt in real time, sets it apart as a versatile tool for both novice and experienced traders.
Features
1. Multi-Mode Trend Line
The indicator automatically selects a smoothing method based on the trading mode:
- Scalp Mode uses the Hull Moving Average (HMA) for rapid responsiveness.
- Swing Mode employs the Exponential Moving Average (EMA) for balanced reactivity.
- Position Mode applies the Weighted Moving Average (WMA) for smoother, long-term trends.
Each method is chosen to best capture the price action dynamics appropriate to the trader’s timeframe.
2. Adaptive Momentum Thresholds
It tracks bullish and bearish momentum with counters that increment as the trend confirms directional movement. When these counters exceed a user-defined threshold, the indicator generates optional buy or sell signals. This approach helps filter out minor fluctuations and highlights significant market moves.
3. Gradient Fills
Two types of fills enhance visual clarity:
- Standard Gradient Fill displays ATR-based zones above and below the trend line, indicating potential bullish and bearish areas.
- Fading Gradient Fill creates a smooth transition between the trend line and the price, visually emphasizing the distance between them.
4. Bar Coloring and Signal Markers
The indicator can color-code bars based on market conditions—bullish, bearish, or neutral—allowing for immediate visual assessment. Additionally, signal markers such as buy and sell arrows are plotted when momentum thresholds are breached.
5. Comprehensive Data Tables
Uptrick: Alpha Trend offers several optional tables for detailed analysis:
- Insider Info: Displays key metrics like the current trend value, bullish/bearish momentum counts, and ATR.
- Indicator Metrics: Lists input settings such as trend length, damping, signal threshold, and net momentum.
- Market Analysis: Summarizes overall trend direction, trend strength, Sortino ratio, return, and volatility.
- Price & Trend Dynamics: Details price deviation from the trend, trend slope, and ATR ratio.
- Momentum & Volatility Insights: Presents RSI, standard deviation (volatility), and net momentum.
- Performance & Acceleration Metrics: Focuses on the Sortino ratio, trend acceleration, return, and trend strength.
Each table can be positioned flexibly on the chart, allowing traders to customize the layout according to their needs.
Why It Combines Specific Smoothing Techniques
Smoothing techniques are essential for filtering out market noise and revealing underlying trends. The indicator combines three smoothing methods for the following reasons:
- The Hull Moving Average (HMA) in Scalp Mode minimizes lag and responds quickly to price changes, which is critical for short-term trading.
- The Exponential Moving Average (EMA) in Swing Mode gives more weight to recent data, striking a balance between speed and smoothness. This makes it suitable for mid-term trend analysis.
- The Weighted Moving Average (WMA) in Position Mode smooths out short-term fluctuations, offering a clear view of longer-term trends and reducing the impact of transient market volatility.
By using these specific methods in their respective trading modes, the indicator ensures that the trend line is appropriately responsive for the intended time frame, enhancing decision-making while maintaining clarity.
Inputs
1. Trend Length (Default: 30)
Defines the lookback period for the smoothing calculation. A shorter trend length results in a more responsive line, while a longer length produces a smoother, less volatile trend.
2. Trend Damping (Default: 0.75)
Controls the degree of smoothing applied to the trend line. Lower values lead to a smoother curve, whereas higher values increase sensitivity to price fluctuations.
3. Signal Strength Threshold (Default: 5)
Specifies the number of consecutive bullish or bearish bars required to trigger a signal. Higher thresholds reduce the frequency of signals, focusing on stronger moves.
4. Enable Bar Coloring (Default: True)
Toggles whether each price bar is colored to indicate bullish, bearish, or neutral conditions.
5. Enable Signals (Default: True)
When enabled, this option plots buy or sell arrows on the chart once the momentum thresholds are met.
6. Enable Standard Gradient Fill (Default: False)
Activates ATR-based gradient fills around the trend line to visualize potential support and resistance zones.
7. Enable Fading Gradient Fill (Default: True)
Draws a gradual color transition between the trend line and the current price, emphasizing their divergence.
8. Trading Mode (Options: Scalp, Swing, Position)
Determines which smoothing method and ATR period to use, adapting the indicator’s behavior to short-term, medium-term, or long-term trading.
9. Table Position Inputs
Allows users to select from nine possible chart positions (top, middle, bottom; left, center, right) for each data table.
10. Show Table Booleans
Separate toggles control the display of each table (Insider Info, Indicator Metrics, Market Analysis, and the three Deep Tables), enabling a customized view of the data.
Color Schemes
(Default) - The colors in the preview image of the indicator.
(Emerald)
(Sapphire)
(Golden Blaze)
(Mystic)
(Monochrome)
(Pastel)
(Vibrant)
(Earth)
(Neon)
Calculations
1. Trend Line Methods
- Scalp Mode: Utilizes the Hull Moving Average (HMA), which computes two weighted moving averages (one at half the length and one at full length), subtracts them, and then applies a final weighted average based on the square root of the length. This method minimizes lag and increases responsiveness.
- Swing Mode: Uses the Exponential Moving Average (EMA), which assigns greater weight to recent prices, thus balancing quick reaction with smoothness.
- Position Mode: Applies the Weighted Moving Average (WMA) to focus on longer-term trends by emphasizing the entire lookback period and reducing the impact of short-term volatility.
2. Momentum Tracking
The indicator maintains separate counters for bullish and bearish momentum. These counters increase as the trend confirms directional movement and reset when the trend reverses. When a counter exceeds the defined signal strength threshold, a corresponding signal (buy or sell) is triggered.
3. Volatility and ATR Zones
The Average True Range (ATR) is calculated using a period that adapts to the selected trading mode (shorter for Scalp, longer for Position). The ATR value is then used to define upper and lower zones around the trend line, highlighting the current level of market volatility.
4. Return and Trend Acceleration
- Return is calculated as the difference between the current and previous closing prices, providing a simple measure of price change.
- Trend Acceleration is derived from the change in the trend line’s movement (its first derivative) compared to the previous bar. This metric indicates whether the trend is gaining or losing momentum.
5. Sortino Ratio and Standard Deviation
- The Sortino Ratio measures risk-adjusted performance by comparing returns to downside volatility (only considering negative price changes).
- Standard Deviation is computed over the lookback period to assess the extent of price fluctuations, offering insights into market stability.
Usage
This indicator is suitable for various time frames and market instruments. Traders can enable or disable specific visual elements such as gradient fills, bar coloring, and signal markers based on their preference. For a minimalist approach, one might choose to display only the primary trend line. For a deeper analysis, enabling multiple tables can provide extensive data on momentum, volatility, trend dynamics, and risk metrics.
Important Note on Risk
Trading involves inherent risk, and no indicator can eliminate the uncertainty of the markets. Past performance is not indicative of future results. It is essential to use proper risk management, test any new tool thoroughly, and consult multiple sources or professional advice before making trading decisions.
Conclusion
Uptrick: Alpha Trend unifies a diverse set of calculations, adaptive smoothing techniques, and customizable visual elements into one powerful tool. By combining the Hull, Exponential, and Weighted Moving Averages, the indicator is able to provide a trend line that is both responsive and smooth, depending on the trading mode. Its advanced color schemes, gradient fills, and detailed data tables deliver a comprehensive analysis of market trends, momentum, and risk. Whether you are a short-term trader or a long-term investor, this indicator aims to clarify price action and assist you in making more informed trading decisions.
