Momentum Fusion v1Momentum Fusion v1
Overview
Momentum Fusion v1 (MFusion) is a multi-oscillator indicator that combines several components to analyze market momentum and trend strength. It incorporates modified versions of classic indicators such as PVI (Positive Volume Index), NVI (Negative Volume Index), MFI (Money Flow Index), RSI, Stochastic, and Bollinger Bands Oscillator. The indicator displays a histogram that changes color based on momentum strength and includes "FUSION🔥" signal labels when extreme values are reached.
Indicator Settings
Parameters:
EMA Length – Smoothing period for the moving average (default: 255).
Smoothing Period – Internal calculation smoothing parameter (default: 15).
BB Multiplier – Standard deviation multiplier for Bollinger Bands (default: 2.0).
Show verde / marron / media lines – Toggles the display of auxiliary lines.
Show FUSION🔥 label – Enables/disables signal labels.
Indicator Components
1. PVI (Positive Volume Index)
Formula:
pvi := volume > volume ? nz(pvi ) + (close - close ) / close * sval : nz(pvi )
Description:
PVI increases when volume rises compared to the previous bar and accounts for price percentage change. The stronger the price movement with increasing volume, the higher the PVI value.
2. NVI (Negative Volume Index)
Formula:
nvi := volume < volume ? nz(nvi ) + (close - close ) / close * sval : nz(nvi )
Description:
NVI tracks price movements during declining volume. If the price rises on low volume, it may indicate a "stealth" trend.
3. Money Flow Index (MFI)
Formula:
100 - 100 / (1 + up / dn)
Description:
An oscillator measuring money flow strength. Values above 80 suggest overbought conditions, while values below 20 indicate oversold conditions.
4. Stochastic Oscillator
Formula:
k = 100 * (close - lowest(low, length)) / (highest(high, length) - lowest(low, length))
Description:
A classic stochastic oscillator showing price position relative to the selected period's range.
5. Bollinger Bands Oscillator
Formula:
(tprice - BB midline) / (upper BB - lower BB) * 100
Description:
Indicates the price position relative to Bollinger Bands in percentage terms.
Key Lines & Histogram
1. Verde (Green Line)
Calculation:
verde = marron + oscp (normalized PVI)
Interpretation:
Higher values indicate stronger bullish momentum. A FUSION🔥 signal appears when the value reaches 750+.
2. Marron (Brown Line)
Calculation:
marron = (RSI + MFI + Bollinger Osc + Stochastic / 3) / 2
Interpretation:
A composite oscillator combining multiple indicators. Higher values suggest overbought conditions.
3. Media (Red Line)
Calculation:
media = EMA of marron with smoothing period
Interpretation:
Acts as a signal line for trend confirmation.
4. Histogram
Calculation:
histo = verde - marron
Colors:
Bright green (>100) – Strong bullish momentum.
Light green (>0) – Moderate bullish momentum.
Orange (<0) – Bearish momentum.
Red (<-100) – Strong bearish momentum.
Signals & Alerts
1. FUSION🔥 (Strong Momentum)
Condition:
verde >= 750
Visualization:
A "FUSION🔥" label appears below the chart.
Alert:
Can be set to trigger notifications when the condition is met.
2. Background Aura
Condition:
verde > 850
Visualization:
The chart background turns teal, indicating extreme momentum.
Usage Recommendations
FUSION🔥 Signal – Can be used as a long entry point when confirmed by other indicators.
Histogram:
1. Green bars – Potential long entry.
2. Red/orange bars – Potential short entry.
3. Media & Marron Crossover – Can serve as an additional trend filter.
4. Suitable for a 5-15 minute time frame
Conclusion
Momentum Fusion v1 is a powerful tool for momentum analysis, combining multiple indicators into a unified system. It is suitable for:
Trend traders (catching strong movements).
Scalpers (identifying short-term impulses).
Swing traders (filtering entry points).
The indicator features customizable settings and visual signals, making it adaptable to various trading styles.
Oscillatori
Contrarian Crowd OscillatorEver enter a trade because it looks super bullish or bearish and immediately goes the other way?
The Contrarian Crowd Oscillator identifies dangerous market sentiment extremes by synthesizing multiple technical indicators into a single powerful contrarian signal. Stop getting trapped in crowded trades and start profiting from crowd psychology!
What This Indicator Does
This oscillator combines 6 different technical perspectives (RSI, Stochastic, Williams %R, CCI, ROC, and MFI) to measure market consensus and identify when sentiment becomes dangerously one-sided. It answers the critical question: "Is everyone thinking the same thing right now?"
Why This Works
Market psychology is predictable. When everyone becomes extremely bullish or bearish, they create unsustainable conditions:
Extreme Bullishness: No buyers left to push prices higher
Extreme Bearishness: No sellers left to push prices lower
High Consensus: Crowded trades become vulnerable to sudden reversals
This oscillator quantifies these psychological extremes and gives you the edge to trade against the crowd when they're most likely to be wrong.
HARSI PRO v2 - Advanced Adaptive Heikin-Ashi RSI OscillatorThis script is a fully re-engineered and enhanced version of the original Heikin-Ashi RSI Oscillator created by JayRogers. While it preserves the foundational concept and visual structure of the original indicatorusing Heikin-Ashi-style candles to represent RSI movementit introduces a range of institutional-grade engines and real-time analytics modules.
The core idea behind HARSI is to visualize the internal structure of RSI behavior using candle representations. This gives traders a clearer sense of trend continuity, exhaustion, and momentum inflection. In this upgraded version, the system is extended far beyond basic visualization into a comprehensive diagnostic and context-tracking tool.
Core Enhancements and Features
1. Heikin-Ashi RSI Candles
The base HARSI logic transforms RSI values into open, high, low, and close components, which are plotted as Heikin-Ashi-style candles. The open values are smoothed with a user-controlled bias setting, and the high/low are calculated from zero-centered RSI values.
2. Smoothed RSI Histogram and Plot
A secondary RSI plot and histogram are available for traditional RSI interpretation, optionally smoothed using a custom midpoint EMA process.
3. Dynamic Stochastic RSI Ribbon
The indicator optionally includes a smoothed Stochastic RSI ribbon with directional fill to highlight acceleration and reversal zones.
4. Real-Time Meta-State Engine
This engine determines the current market environmentneutral, breakout, or reversalbased on multiple adaptive conditions including volatility compression, momentum thrust, volume behavior, and composite reversal scoring.
5. Adaptive Overbought/Oversold Zone Engine
Instead of using fixed RSI thresholds, this engine dynamically adjusts OB/OS boundaries based on recent RSI range and normalized price volatility. This makes the OB/OS levels context-sensitive and more accurate across different instruments and regimes.
6. Composite Reversal Score Engine
A real-time score between 0 and 5 is generated using four components:
* OB/OS proximity (zone score)
* RSI slope behavior
* Volume state (burst or exhaustion)
* Trend continuation penalty based on position versus trend bias
This score allows for objective filtering of reversal zones and breakout traps.
7. Kalman Velocity Filter
A Kalman-style adaptive smoothing filter is applied to RSI for calculating velocity and acceleration. This allows for real-time detection of stalls and thrusts in RSI behavior.
8. Predictive Breakout Estimator
Uses ATR compression and RSI thrusting conditions to detect likely breakout environments. This logic contributes to the Meta-State Engine and the Breakout Risk dashboard metric.
9. Volume Acceleration Model
Real-time detection of volume bursts and fades based on VWMA baselines. Volume exhaustion warnings are used to qualify or disqualify reversals and breakouts.
10. Trend Bias and Regime Detection
Uses RSI slope, HARSI body impulse, and normalized ATR to classify the current trend state and directional bias. This forms the basis for filtering false reversals during strong trends.
11. Dashboard with Tooltips
A clean, table displays six key metrics in real time:
* Meta State
* Reversal Score
* Trend Bias
* Volume State
* Volatility Regime
* Breakout Risk
Each cell includes a descriptive tooltip explaining why the value is being shown based on internal state calculations.
How It Works Internally
* The system calculates a zero-centered RSI and builds candle structures using high, low, and smoothed open/close values.
* Volatility normalization is used throughout the script, including ATR-based thresholds and dynamic scaling of OB/OS zones.
* Momentum is filtered through smoothed slope calculations and HARSI body size measurements.
* Volume activity is compared against VWMA using configurable multipliers to detect institutional-level activity or exhaustion.
* Each regime detection module contributes to a centralized metaState classifier that determines whether the environment is conducive to reversal, breakout, or neutral action.
* All major signal and context values are continuously updated in a dashboard table with logic-driven color coding and tooltips.
Based On and Credits
This script is based on the original Heikin-Ashi RSI Oscillator by JayRogers . All visual elements from the original version, including candle plotting and color configurations, have been retained and extended. Significant backend enhancements were added by AresIQ for the 2025 release. The script remains open-source under the original attribution license. Credit to JayRogers is preserved and required for any derivative versions.
GoatsGlowingRSIGoatsGlowingRSI is a visually enhanced and feature-rich RSI (Relative Strength Index) indicator designed for deeper market insight and clearer signal visualization. It combines standard RSI analysis with gradient-colored backgrounds, glowing effects, and automated divergence detection to help traders spot potential reversals and momentum shifts more effectively.
Key Features:
✅ Multi-Timeframe RSI:
Calculate RSI from any timeframe using the custom input. Leave it blank to use the current chart's timeframe.
✅ Dynamic Gradient Background:
A smooth gradient fill is applied between RSI levels from the lower band (30) to the upper band (70). The gradient shifts from blue (oversold) to red (overbought), visually highlighting the RSI's position and strength.
✅ Glowing RSI Line:
A three-layered glow effect surrounds the main RSI line, creating a striking white core with a purple aura that enhances visibility against dark or light chart themes.
✅ Custom RSI Levels:
Dashed horizontal lines at RSI 70 (overbought), RSI 30 (oversold), and a dotted midline at 50 help you interpret trend momentum and strength.
✅ Automatic Divergence Detection:
Built-in logic identifies bullish and bearish divergences by comparing RSI and price pivot points:
🟢 Bullish Divergence: RSI makes a higher low while price makes a lower low.
🔴 Bearish Divergence: RSI makes a lower high while price makes a higher high.
Divergences are marked on the RSI line with colored lines and labels ("Bull"/"Bear").
✅ Alerts Ready:
Get notified in real-time with alert conditions for both bullish and bearish divergence setups.
Z-Score Adaptive Oscillator SuiteZ-Score Adaptive Oscillator Suite
This indicator combines the Relative Strength Index (RSI) Money Flow Index (MFI) Chande Momentum Oscillator (CMO) and the Commodity Channel Index (CCI) with Z-score adaptive mechanism to provide a dynamic and adaptive trading tool.
Key Features:
Oscillators (RSI, MFI, CMO, CCI)
Calculates the oscillators using a customizable period and source.
Helps identify overbought or oversold conditions based on the oscillator average values.
Z-Score Adaptivity:
Applies Z-Score calculation to the Oscillators values over a user-defined lookback period.
Filters market regimes into low or high Z-score conditions based on the Z-score crossing above the user input threshold
Regime-Based Signal Generation:
In high Z-Score markets: Signals are generated using a simple cross of the oscillator midline-levels.
In low Z-Score markets: Signals are based on user-defined thresholds for long and short conditions.
Usage:
The coloring automatically adjusts to market conditions, and acts as potential buy/sell signals.
Disclaimer
This indicator is provided for educational and informational purposes only and does not constitute investment advice. Trading involves risk and may result in financial loss. Always perform your own research and consult with a qualified financial advisor before making any trading decisions.
BK AK-Scope🔭 Introducing BK AK-Scope — Target Locked. Signal Acquired. 🔭
After building five precision weapons for traders, I’m proud to unveil the sixth.
BK AK-Scope — the eye of the arsenal.
This is not just an indicator. It’s an intelligence system for volatility, signal clarity, and rate-of-change dynamics — forged for elite vision in any market terrain.
🧠 Why “Scope”? And Why “AK”?
Every shooter knows: you can’t hit what you can’t see.
The Scope brings range, clarity, and target distinction. It filters motion from noise. Purpose from panic.
“AK” continues to honor the man who trained my sight — my mentor, A.K.
His discipline taught me to wait for alignment. To move with reason, not emotion.
His vision lives in every code line here.
🔬 What Is BK AK-Scope?
A Triple-Tier TSI Correlation Engine, fused with adaptive opacity logic, a volatility scoring system, and real-time signal clarity. It’s momentum dissected — by speed, depth, and rate of change.
Built to serve traders who:
Need visual hierarchy between fast, mid, and slow TSI responses.
Want adaptive fills that pulse with volatility — not static zones.
Require a volatility scoring overlay that reads the battlefield in real time.
⚙️ Core Systems: How BK AK-Scope Works
✅ Fast/Mid/Slow TSI →
Three layers of correlation: like scopes with zoom levels.
You track micro moves, mid swings, and macro flow simultaneously.
✅ Rate-of-Change Adaptive Opacity →
Momentum fills fade or flash based on speed — giving you movement density at a glance.
Bull vs. Bear zones adapt to strength. You feel the market’s pulse.
✅ Volatility Score Intelligence →
Custom algorithm measuring:
Range expansion
Rate-of-change differentials
ATR dynamics
Standard deviation pressure
All combined into a score from 0–100 with live icons:
🔥 = Extreme Heat (70+)
🧊 = Cold Zone (<30)
⚠️ = ROC Warning
• = Neutral drift
✅ Auto-Detect Volatility Modes →
Scalp = <15min
Swing = intraday/hourly
Macro = daily/weekly
Or override manually with total control.
🎯 How To Use BK AK-Scope
🔹 Trend Continuation → When all three TSI layers align in direction + volatility score climbs, ride with the trend.
🔹 Early Reversals → Opposing TSI + rapid opacity change + volatility shift = sniper reversal zone.
🔹 Consolidation Filter → Neutral fills + score < 30 = stay out, wait for signal surge.
🔹 Signal Confluence → Pair with:
• Gann fans or angles
• Fib time/price clusters
• Elliott Wave structure
• Harmonics or divergence
To isolate entry perfection.
🛡️ Why This Indicator Changes the Game
It's not just momentum. It’s TSI with depth hierarchy.
It’s not just color. It’s real-time strength visualization.
It’s not just volatility. It’s rate-weighted market intelligence.
This is market optics for the advanced trader — built for vision, clarity, and discipline.
🙏 Final Thoughts
🔹 In honor of A.K., my mentor. The man who taught me to see what others miss.
🔹 Inspired by the power of vision — because execution without clarity is chaos.
🔹 Powered by faith — because Gd alone gives sight beyond the visible.
“He gives sight to the blind and wisdom to the humble.” — Psalms 146
Every tool I build is a prayer in code — that it helps someone trade with clarity, integrity, and precision.
⚡ Zoom In. Focus Deep. Trade Clean.
BK AK-Scope — Lock on the target. See what others don’t.
🔫 Clarity is power. 🔫
Gd bless. 🙏
Volatility Adaptive Oscillator SuiteVolatility Adaptive Oscillator Suite
This indicator combines the Relative Strength Index (RSI) Money Flow Index (MFI) Chande Momentum Oscillator (CMO) and the Commodity Channel Index with volatility adaptive mechanism to provide a dynamic and adaptive trading tool.
Key Features:
Oscillators (RSI, MFI, CMO, CCI)
Calculates the oscillators using a customizable period and source.
Helps identify overbought or oversold conditions based on the oscillator average values.
ATR Adaptivity:
Applies a ATR Moving Average calculation to the Oscillators values over a user-defined lookback period.
Filters market regimes into low or high volatility conditions based on the ATR crossing above the average ATR Moving Average
Regime-Based Signal Generation:
In high volatility markets: Signals are generated using a simple cross of the oscillator midline-levels.
In low volatility markets: Signals are based on user-defined thresholds for long and short conditions.
Usage:
The coloring automatically adjusts to market conditions, and acts as potential buy/sell signals.
Disclaimer
This indicator is provided for educational and informational purposes only and does not constitute investment advice. Trading involves risk and may result in financial loss. Always perform your own research and consult with a qualified financial advisor before making any trading decisions.
Z-Score Adaptive Connors RSIZ-Score Adaptive Connors RSI blends the classic three-component Connors RSI (RSI, Up/Down streak RSI, and Percentile Rank of 1-bar ROC) with a dynamic z-score filter that distinguishes trending vs. mean-reverting market regimes.
When the indicator detects an extreme deviation (|z-score| > threshold) , it switches to “trending” mode and tightens entry thresholds for capturing momentum. When markets are in a more neutral regime, it reverts to wider thresholds, hunting for overbought/oversold reversals.
Key Features
Connors RSI Core: Combines price momentum, streak measurements, and velocity for a robust baseline oscillator. Z-Score Regime Filter: Computes the z-score of the Connors RSI over a lookback window to adapt your trading style to trending vs. reverting environments.
Dynamic Thresholds: Separate user-configurable thresholds for trending (“tight” entries) and mean-reverting (“wide” entries) scenarios.
Inputs & Parameters
Connors RSI Settings
RSI Source: Price series for RSI calculation (default: Close)
RSI Length: Period for price‐change RSI (default: 24)
Up/Down Length: Period for streak RSI (default: 20)
ROC Length: Period for percentile‐rank of 1-bar return (default: 75)
Z-Score Filter
Lookback: Number of bars to compute mean and standard deviation of Connors RSI (default: 14)
Threshold: Minimum |z-score| to enter “trending” mode (default: 1.5)
Entry Thresholds
Trending Long/Short: Upper and lower RSI Thresholds when trending
Reverting Long/Short: Upper and lower RSI Thresholds when reverting
Momentum HUD (Enhanced with VWAP)*********** TRADERS YOU MUST DOUBLE CLICK THE MOMENTUM HUD TO SET WHAT YOU'RE TRADING, DROP DOWN FOR ETH SET FOR SPY SPX QQQ IWM NDX or OTHER STOCKS and below you PICK YOUR STOCK so it will form the 13 EMA 48 EMA 200 EMA and VWAP for you ***********
This one took all weekend, enjoy fam!!!!
The Momentum HUD (Enhanced with VWAP) is a powerful, all-in-one trading indicator designed to identify high-probability buy and sell signals for ETH-based indices (QQQ, SPY, SPX, IWM, NDX) or custom stocks like AAPL. It combines momentum, RSI, MACD, ADX, EMAs (13, 48, 200), VWAP, and volume analysis to generate actionable "CALLS" (buy) and "PUTS" (sell) signals. A customizable heads-up display (HUD) table provides real-time insights into key metrics, making it ideal for traders seeking a comprehensive technical analysis tool.
This indicator also supports support and resistance analysis indirectly through price interactions with EMAs and VWAP, which often act as dynamic support (e.g., 200 EMA) or resistance (e.g., VWAP rejection). Signals are filtered by an ATR-based volatility check and a cooldown period to reduce noise, ensuring robust trading decisions.
Key Features
Multi-Indicator Signals: Combines Momentum, RSI, MACD, ADX, EMAs, and VWAP for precise buy/sell signals.
Dynamic Support/Resistance: Uses EMA 13, EMA 48, EMA 200, and VWAP to highlight key price levels (e.g., price crossing EMA 13 for support or rejecting VWAP for resistance).
Customizable HUD Table: Displays real-time metrics (Momentum, RSI, MACD, ADX, EMA 200, VWAP) with bullish/bearish status and thresholds.
Symbol Flexibility: Supports ETH-based indices (QQQ, SPY, SPX, IWM, NDX) or any custom stock via user input.
Volatility Filter: Optional ATR filter ensures signals align with sufficient market volatility.
Cooldown Mechanism: Prevents over-signaling with a user-defined cooldown period.
Visual Cues: Plots EMAs, VWAP, buy/sell triangles, and labels for clear visualization.
Alert System: Configurable alerts for buy ("CALLS") and sell ("PUTS") signals.
How It Works
The indicator generates signals based on a confluence of conditions:
Buy Signals (CALLS): Triggered when price crosses above EMA 13 or bounces off VWAP, with positive momentum, RSI > 65, MACD bullish crossover, ADX > 25, price above EMA 200/VWAP, and high volume.
Sell Signals (PUTS): Triggered when price crosses below EMA 48 or rejects EMA 200/VWAP, with negative momentum, RSI < 35, MACD bearish crossover, ADX > 25, price below EMA 200/VWAP, and high volume.
Support/Resistance Context: EMA 200 and VWAP often act as support (e.g., ETH at $2,531–$2,600) or resistance (e.g., ETH at $2,695–$2,800), enhancing signal reliability.
HUD Table: Displays real-time values, status (Bullish/Bearish), and thresholds for all metrics, positioned at a user-defined chart location.
Usage Instructions
Add to Chart: Open TradingView’s Pine Editor, paste the script, and click “Add to Chart.”
Select Symbol: Choose from QQQ (ETH), SPY (ETH), SPX (ETH), IWM (ETH), NDX (ETH), or enter a custom stock symbol (e.g., AAPL).
Adjust Settings: Customize inputs (see below) to match your trading style and timeframe (e.g., intraday or daily).
Interpret Signals:
Green Triangles (CALLS): Indicate buy opportunities below the price bar.
Red Triangles (PUTS): Indicate sell opportunities above the price bar.
EMA/VWAP Lines: Monitor for price interactions (e.g., bounces or rejections) to confirm support/resistance levels.
Set Alerts: Use the built-in alert conditions (“Momentum Buy Signal” or “Momentum Sell Signal”) to receive notifications.
Combine with Analysis: Pair with additional tools (e.g., pivot-based support/resistance scripts) to validate key levels like ETH’s $2,531 support or $2,695 resistance.
Input Settings
Momentum Length: Period for momentum calculation (default: 14).
RSI Length: RSI period (default: 14).
RSI Buy/Sell Thresholds: RSI levels for buy (default: 65) and sell (default: 35).
MACD Fast/Slow/Signal Lengths: MACD settings (default: 12/26/9).
ADX Length/Threshold: ADX period (default: 14) and trend strength threshold (default: 25).
EMA Lengths: Periods for EMA 13, 48, and 200 (default: 13, 48, 200).
Volume Threshold: Multiplier for volume above 20-period average (default: 1.5x).
Signal Cooldown: Bars between signals to reduce noise (default: 5).
ATR Volatility Filter: Enable/disable ATR filter (default: true) and set ATR length (default: 14) and threshold (default: 0.75% of price).
Table Position: HUD placement (options: top_right, top_left, bottom_right, bottom_left).
Symbol Choice: Select ETH-based indices or custom stock (default: QQQ (ETH)).
Custom Stock Symbol: Input ticker for custom stocks (default: AAPL).
Label Colors: Customize text colors for EMA 13, EMA 48, EMA 200, and VWAP labels (default: black).
Example Use Case
For ETH (via QQQ): On a daily chart, set symbol_choice to “QQQ (ETH).” Monitor for buy signals when ETH crosses above $2,600 (EMA 13) with RSI > 65 and high volume, confirming support. Sell signals may trigger if ETH rejects $2,695 (VWAP) with RSI < 35, indicating resistance.
For Stocks (e.g., AAPL): Set custom_symbol to “AAPL.” Look for buy signals when price bounces off EMA 200 (support) and sell signals when price rejects VWAP (resistance).
Notes
Timeframe: Works on any timeframe, with intraday defaulting to the chart’s period and others to daily.
Support/Resistance: Combine with a pivot-based script (e.g., pivot highs/lows) to explicitly plot static support/resistance levels alongside dynamic EMAs/VWAP.
Risk Management: Always use proper risk management, as indicators are not foolproof.
Performance: Best used in trending markets (ADX > 25) and with confirmation from other tools.
Disclaimer
This indicator is for educational and informational purposes only and should not be considered financial advice. Always conduct your own research and consult a financial advisor before trading.
This info page is ready for TradingView’s publication requirements. It highlights the script’s functionality, ties in support/resistance context (per your ETH request), and provides clear instructions. Before publishing, ensure your TradingView account meets their requirements (e.g., verified profile). If you need tweaks or additional features (e.g., explicit support/resistance plotting), let me know!
MACD + RSIThis strategy combines the MACD (12, 26, 9) and Slow Stochastic (14, 3, 3) indicators to capture trend-following opportunities on Tesla's 5-minute chart. It is designed to perform best during trending market conditions, where momentum confirmation improves trade precision.
Buy signals occur when MACD crosses above its signal line and the Stochastic %K crosses above %D from below the 20 level. Sell/exit signals trigger when either MACD crosses below its signal line or Stochastic crosses down from above 80.
**Backtest Results (Tesla, 5-min chart):**
- Total P&L: +$224,725
- Win Rate: 50.00% (29 out of 58 trades)
- Profit Factor: 1.86
- Max Drawdown: $60,808.48 (4.81%)
- Time Frame: Intraday (5-min), Strategy Period ~60 trades
This script is most effective during clear upward or downward momentum phases. For optimal use, avoid ranging/choppy market conditions.
Digital RSI Display (Bottom-Right)Digitial display bottom right of chart, displays RSI live during market hours.
Over 70 RSI turns red to indicate overbought
Under 30 RSI turns green to indicate oversold
SImple & easy.
RSI Multi-TF TabRSI Multi-Timeframe Table 📊
A tool for multi-timeframe RSI analysis with visual overbought/oversold level highlighting.
Description
This indicator calculates the Relative Strength Index (RSI) for the current chart and displays RSI values across five additional timeframes (15m, 1h, 4h, 1d, 1w) in a dynamic table. The color-coded system simplifies identifying overbought (>70), oversold (<30), and neutral zones. Visual signals on the chart enhance analysis for the current timeframe.
Key Features
✅ Multi-Timeframe Analysis :
Track RSI across 15m, 1h, 4h, 1d, and 1w in a compact table.
Color-coded alerts:
🔴 Red — Overbought (potential pullback),
🔵 Blue — Oversold (potential rebound),
🟡 Yellow — Neutral zone.
✅ Visual Signals :
Background shading for oversold/overbought zones on the main chart.
Horizontal lines at 30 and 70 levels for reference.
✅ Customizable Settings :
Adjust RSI length (default: 14), source (close, open, high, etc.), and threshold levels.
How to Use
Table Analysis :
Compare RSI values across timeframes to spot divergences (e.g., overbought on 15m vs. oversold on D).
Use colors for quick decisions.
Chart Signals :
Blue background suggests bullish potential (oversold), red hints at bearish pressure (overbought).
Always confirm with other tools (volume, trends, or candlestick patterns).
Examples :
RSI(1h) > 70 while RSI(4h) < 30 → Possible reversal upward.
Sustained RSI(1d) above 50 may indicate a bullish trend.
Settings
RSI Length : Period for RSI calculation (default: 14).
RSI Source : Data source (close, open, high, low, hl2, hlc3, ohlc4).
Overbought/Oversold Levels : Thresholds for alerts (default: 70/30).
Important Notes
No direct trading signals : Use this as an analytical tool, not a standalone strategy.
Test strategies historically and consider market context before trading.
PCA Regime-Adjusted MomentumSummary
The PCA Regime-Adjusted Momentum (PCA-RAM) is an advanced market analysis tool designed to provide nuanced insights into market momentum and structural stability. It moves beyond traditional indicators by using Principal Component Analysis (PCA) to deconstruct market data into its most essential patterns.
The indicator provides two key pieces of information:
A smoothed momentum signal based on the market's dominant underlying trend.
A dynamic regime filter that gauges the stability and clarity of the market's structure, advising you when to trust or fade the momentum signals.
This allows traders to not only identify potential shifts in momentum but also to understand the context and confidence behind those signals.
Core Concepts & Methodology
The strength of this indicator lies in its sound, data-driven methodology.
1. Principal Component Analysis (PCA)
At its core, the indicator analyzes a rolling window (default 50 periods) of standardized market data (Open, High, Low, Close, and Volume). PCA is a powerful statistical technique that distills this complex, 5-dimensional data into its fundamental, uncorrelated components of variance. We focus on the First Principal Component (PC1), which represents the single most dominant pattern or "theme" driving the market's behavior in the lookback window.
2. The Momentum Signal
Instead of just looking at price, we project the current market data onto this dominant underlying pattern (PC1). This gives us a raw "projection score" that measures how strongly the current bar aligns with the historically dominant market structure. This raw score is then smoothed using two an exponential moving averages (a fast and a slow line) to create a clear, actionable momentum signal, similar in concept to a MACD.
3. The Dynamic Regime Filter
This is arguably the indicator's most powerful feature. It answers the question: "How clear is the current market picture?"
It calculates the Market Concentration Ratio, which is the percentage of total market variance explained by PC1 alone.
A high ratio indicates that the market is moving in a simple, one-dimensional way (e.g., a clear, strong trend).
A low ratio indicates the market is complex, multi-dimensional, and choppy, with no single dominant theme.
Crucially, this filter is dynamic. It compares the current concentration ratio to its own recent average, allowing it to adapt to any asset or timeframe. It automatically learns what "normal" and "choppy" look like for the specific chart you are viewing.
How to Interpret the Indicator
The indicator is displayed in a separate pane with two key visual elements:
The Momentum Lines (White & Gold)
White Line: The "Fast Line," representing the current momentum.
Gold Line: The "Slow Line," acting as the trend confirmation.
Bullish Signal: A crossover of the White Line above the Gold Line suggests a shift to positive momentum.
Bearish Signal: A crossover of the White Line below the Gold Line suggests a shift to negative momentum.
The Regime Filter (Purple & Dark Red Background)
This is your confidence gauge.
Navy Blue Background (High Concentration): The market structure is stable, simple, and trending. Momentum signals are more reliable and should be given higher priority.
Dark Red Background (Low Concentration): The market structure is complex, choppy, or directionless. Momentum signals are unreliable and prone to failure or "whipsaws." This is a signal to be cautious, tighten stops, or potentially stay out of the market.
Potential Trading Strategies
This tool is versatile and can be used in several ways:
1. Primary Signal Strategy
Condition: Wait for the background to turn Purple, confirming a stable, high-confidence regime.
Entry: Take the next crossover signal from the momentum lines (White over Gold for long, White under Gold for short).
Exit/Filter: Consider exiting positions or ignoring new signals when the background turns Navy.
2. As a Confirmation or Filter for Your Existing Strategy
Do you have a trend-following system? Only enable its long and short signals when the PCA-RAM background is Purple.
Do you have a range-trading or mean-reversion system? It might be most effective when the PCA-RAM background is Navy, indicating a lack of a clear trend.
3. Advanced Divergence Analysis
Look for classic divergences between price and the momentum lines. For example, if the price is making a new high, but the Gold Line is making a lower high, it may indicate underlying weakness in the trend, even on a Purple background. This divergence signal is more powerful because it shows that the new price high is not being confirmed by the market's dominant underlying pattern.
Laplace Momentum Percentile ║ BullVision 🔬 Overview
Laplace Momentum Percentile ║ BullVision is a custom-built trend analysis tool that applies Laplace-inspired smoothing to price action and maps the result to a historical percentile scale. This provides a contextual view of trend intensity, with optional signal refinement using a Kalman filter.
This indicator is designed for traders and analysts seeking a normalized, scale-independent perspective on market behavior. It does not attempt to predict price but instead helps interpret the relative strength or weakness of recent movements.
⚙️ Key Concepts
📉 Laplace-Based Smoothing
The core signal is built using a Laplace-style weighted average, applying an exponential decay to price values over a specified length. This emphasizes recent movements while still accounting for historical context.
🎯 Percentile Mapping
Rather than displaying the raw output, the filtered signal is converted into a percentile rank based on its position within a historical lookback window. This helps normalize interpretation across different assets and timeframes.
🧠 Optional Kalman Filter
For users seeking additional smoothing, a Kalman filter is included. This statistical method updates signal estimates dynamically, helping reduce short-term fluctuations without introducing significant lag.
🔧 User Settings
🔁 Transform Parameters
Transform Parameter (s): Controls the decay rate for Laplace weighting.
Calculation Length: Sets how many candles are used for smoothing.
📊 Percentile Settings
Lookback Period: Defines how far back to calculate the historical percentile ranking.
🧠 Kalman Filter Controls
Enable Kalman Filter: Optional toggle.
Process Noise / Measurement Noise: Adjust the filter’s responsiveness and tolerance to volatility.
🎨 Visual Settings
Show Raw Signal: Optionally display the pre-smoothed percentile value.
Thresholds: Customize upper and lower trend zone boundaries.
📈 Visual Output
Main Line: Smoothed percentile rank, color-coded based on strength.
Raw Line (Optional): The unsmoothed percentile value for comparison.
Trend Zones: Background shading highlights strong upward or downward regimes.
Live Label: Displays current percentile value and trend classification.
🧩 Trend Classification Logic
The indicator segments percentile values into five zones:
Above 80: Strong upward trend
50–80: Mild upward trend
20–50: Neutral zone
0–20: Mild downward trend
Below 0: Strong downward trend
🔍 Use Cases
This tool is intended as a visual and contextual aid for identifying trend regimes, assessing historical momentum strength, or supporting broader confluence-based analysis. It can be used in combination with other tools or frameworks at the discretion of the trader.
⚠️ Important Notes
This script does not provide buy or sell signals.
It is intended for educational and analytical purposes only.
It should be used as part of a broader decision-making process.
Past signal behavior should not be interpreted as indicative of future results.
♒Hurst Cycle Channel Oscillator v4.0 by IRUNTV
Hurst Cycle Channel Oscillator v4.0 by IRUNTV W/ Advanced Divergence
Short Title: HCCO_v4_IRUNTV
📜 Script Description
//Disclaimer//
* What could be considered a clone of Hurst Cycle Channel Oscillator v1.0 by Cryptorhythms with arguably some improvements, since the original was locked i opted to creating my own version with much more flexibility in mind. I also used the original Hurst Cycle Channels by Lazybear as foundation for some of my primary logic and intentionally made it visually identical to the already popular Cryptorhythms version.
// End Disclaimer //
Unlock deeper market insights with the Hurst Cycle Channel Oscillator v4.0 by IRUNTV , a sophisticated oscillator meticulously designed to visualize cyclical price movements and pinpoint potential turning points through an advanced divergence detection engine. This indicator is rooted in the foundational principles of J.M. Hurst's cycle theory, offering a nuanced view of market dynamics by illustrating how current price interacts with dynamic, Hurst-style cycle channels.
At its core, the Hurst Cycle Channel Oscillator v4.0 transforms complex cycle analysis into an intuitive oscillator format. It aims to go beyond simple overbought or oversold conditions, highlighting the inherent rhythm of the market. This can empower you to anticipate shifts in momentum and identify higher-probability trading setups with greater confidence.
This v4.0 features a significantly enhanced divergence engine capable of identifying both Regular and Hidden bullish/bearish divergences with improved accuracy and extensive user customization.
📊 What It Displays & How It Works
Main Oscillator (-F - White Line): This is your primary plot. It represents the normalized position of the selected Source price (default: close) within a dynamically calculated medium-term Hurst-style channel.
Values typically range from 0 (price at channel bottom) to 1 (price at channel top).
Values above 1.0 suggest price has broken robustly above the medium-term channel (potentially overbought or indicating strong bullish momentum).
Values below 0.0 suggest price has broken robustly below the medium-term channel (potentially oversold or indicating strong bearish momentum).
Signal Line (H F - Yellow Line): This line represents the normalized position of the short-term cycle's median within the same medium-term Hurst-style channel. It acts as a dynamic signal line, providing context to the Main Oscillator's movements.
Secondary Oscillator (L F - Aqua Line): Offers a longer-term or smoothed perspective, by default an EMA of the H F Signal Line. Its calculation method and length are configurable.
Dynamic Channels (Internal Calculation): The oscillator values are derived from channels constructed using Running Moving Averages (RMA) of price and Average True Range (ATR) for dynamic width. These calculations incorporate Hurst's concepts of half-span cycle lengths and forward displacement, aiming for a more adaptive and responsive market analysis.
Key Visual Cues:
Divergence Markers (R / H): Clearly marked on the oscillator.
R ( Regular Divergence ): Signals potential trend exhaustion and upcoming reversals.
Bullish (Green R): Price forms Lower Lows (LL) while the Main Oscillator (-F) forms Higher Lows (HL).
Bearish (Red R): Price forms Higher Highs (HH) while the Main Oscillator (-F) forms Lower Highs (LH).
H ( Hidden Divergence ): Signals potential trend continuations, often appearing during corrections.
Bullish (Green H): Price forms Higher Lows (HL) while the Main Oscillator (-F) forms Lower Lows (LL).
Bearish (Red H): Price forms Lower Highs (LH) while the Main Oscillator (-F) forms Higher Highs (HH).
Divergence Lines: Lines are automatically drawn on the oscillator connecting the two pivot points that form a confirmed divergence, providing clear visual confirmation of the pattern. A configurable maximum number of lines are displayed to maintain chart clarity.
Background Shading: The oscillator pane's background is dynamically colored to offer an at-a-glance indication of prevailing market sentiment or conditions:
Green Zones: Typically indicate bullish conditions or oscillator strength (e.g., above the mid-level or signal line).
Red Zones: Typically indicate bearish conditions or oscillator weakness.
(The script includes logic for granular shading based on user-configurable overbought/oversold warning levels and the 0.5 mid-level).
Reference Levels: Horizontal lines are plotted at 0.0, 0.5, and 1.0, along with user-configurable "Warning Levels" (defaulting to 0.2 and 0.8) to help define critical zones of interest and potential price reactions.
💡 How to Use It - Potential Strategies
The Hurst Cycle Channel Oscillator v4.0 is a versatile tool. Here are some ways it can be incorporated into your trading analysis:
Divergence Trading (Primary Use):
Regular Divergences (R): Identify these as leading indicators that an existing trend might be losing momentum and could be approaching a reversal. Always seek confirmation from other technical analysis tools or price action.
Hidden Divergences (H): These often occur during pullbacks or consolidations within an established trend, potentially signaling an opportune moment to enter in the direction of the primary trend.
Oscillator / Signal Line Crosses:
When the Main Oscillator (-F) crosses above the Signal Line (H F): Potential bullish signal or strengthening momentum.
When the Main Oscillator (-F) crosses below the Signal Line (H F): Potential bearish signal or weakening momentum.
Overbought / Oversold (OB/OS) Conditions:
Extreme Levels: osc_F > 1.0 (extreme overbought) or osc_F < 0.0 (extreme oversold) can highlight unsustainable price extensions, often preceding periods of consolidation or potential reversals.
Warning Levels: Utilize the configurable levels (e.g., 0.8 and 0.2 by default) as earlier indications of potential overbought or oversold conditions, allowing for proactive adjustments.
Mid-Level (0.5) Dynamics:
osc_F crossing above 0.5 can suggest a shift towards a more bullish market bias.
osc_F crossing below 0.5 can suggest a shift towards a more bearish market bias. The 0.5 level often acts as a dynamic support/resistance within the oscillator's range.
Trend Confirmation & Strength: The color of the background shading can serve as a quick visual guide to the dominant short-term market sentiment as interpreted by the oscillator's position and behavior.
⚙️ Key Features & Customization (by IRUNTV)
Adjustable Cycle Parameters: Fully customize the Short Term Cycle Length, Medium Term Cycle Length, and their respective Multipliers to tailor the indicator's responsiveness to different assets, volatility, and timeframes.
Customizable Source: Select your preferred input source (close, hl2, hlc3, etc.) for the core calculations.
Comprehensive Plot Customization: Toggle the visibility and personalize the colors and line styles for all major plotted elements (oscillators, signal lines, divergence markers) through an intuitive "Plot Visibility & Style" settings group.
Advanced Divergence Engine Settings:
Div Pivot Left/Right Lookback: Fine-tune the sensitivity of pivot point detection for divergences.
Max Bars Between Div Pivots: Define the maximum historical window for identifying valid divergence formations.
Max Stored Pivots for Divs: Optimize performance by managing the memory used for storing historical pivot data, while still enabling detection of relevant long-term divergences.
Max Div Lines to Show: Maintain chart clarity by controlling the number of concurrently displayed divergence lines.
Built-in Alerts: Stay informed with comprehensive, configurable alerts for:
Main Oscillator / Signal Line crosses.
All four identified types of Divergences (Regular Bullish/Bearish, Hidden Bullish/Bearish).
Oscillator crossing into user-defined Overbought/Oversold warning levels.
Oscillator breaching the extreme 0.0 or 1.0 channel boundaries.
⚠️ Disclaimer
The "Hurst Cycle Channel Oscillator v4.0 by IRUNTV" is provided for educational and informational purposes only and does not constitute financial advice or a recommendation to buy or sell any asset. Trading and investing in financial markets involve substantial risk of loss. Past performance is not indicative of future results. All users should conduct their own thorough research, backtesting, and due diligence before making any trading or investment decisions. Use this tool responsibly and as part of a comprehensive trading strategy. IRUNTV assumes no liability for any trading or investment decisions made based on this indicator.
Golden Swing Strategy - Signal/Entry/SL/Target🔍 Golden Swing Strategy – Visual Indicator
This indicator combines momentum, trend direction, and volatility filters into a unified signal framework designed for swing trading. It generates buy/sell signals only when multiple conditions align, providing high-confluence trade setups with dynamic risk management.
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🚀 Strategy Logic:
This tool uses a confluence of technical indicators to validate trade entries:
• RSI (20): Measures market momentum. Long signals require RSI > 50; short signals require RSI < 50.
• Stochastic (55,34,21): Identifies overbought/oversold turning points for timing.
• Bollinger Band Midline (20,2): Provides a volatility-based context filter.
• Supertrend (10,2): Determines trend direction and serves as dynamic support/resistance.
• ATR (5): Powers risk management features including Stop Loss (SL), Target, and Entry Band calculations.
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✅ Signal Conditions:
• Buy Signal: RSI > 50 + Stoch %K crosses above %D + Price pulls back below Supertrend + Supertrend below BB midline
• Sell Signal: RSI < 50 + Stoch %K crosses below %D + Price pulls back above Supertrend + Supertrend above BB midline
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🎯 Risk Management & Position Sizing:
• Entry Band: Supertrend ± 0.5 × ATR (shaded zone, optional)
• Stop Loss: Supertrend ± 1.1 × ATR (based on previous candle)
• Target: Supertrend ± 2.2 × ATR
• Position Size: Automatically calculated based on max loss input
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⚙️ User Controls:
• All parameters (RSI length, ATR period, SL/TP multipliers, etc.) are fully adjustable
• Toggle each visual element independently:
o Buy/Sell signal markers
o Supertrend plot
o Entry band shading
o SL/TP levels
o Price labels
o Position size label
• Adjust how many recent bars show signals to keep charts clean
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🧠 What Makes This Unique?
While RSI, Stochastics, Supertrend, and ATR are standard tools, this indicator does not simply mash them together. It applies them in a layered logic to:
• Validate trades only when momentum, volatility, and structure align
• Automate visual risk-reward mapping and position sizing
• Provide traders with interpretable, real-time confluence signals with clean visuals
The system is modular, transparent, and optimized for clarity, making it ideal for swing traders who want to reduce noise and make decisions based on multiple confirmations.
Commodity Trend Reactor [BigBeluga]
🔵 OVERVIEW
A dynamic trend-following oscillator built around the classic CCI, enhanced with intelligent price tracking and reversal signals.
Commodity Trend Reactor extends the traditional Commodity Channel Index (CCI) by integrating trend-trailing logic and reactive reversal markers. It visualizes trend direction using a trailing stop system and highlights potential exhaustion zones when CCI exceeds extreme thresholds. This dual-level system makes it ideal for both trend confirmation and mean-reversion alerts.
🔵 CONCEPTS
Based on the CCI (Commodity Channel Index) oscillator, which measures deviation from the average price.
Trend bias is determined by whether CCI is above or below user-defined thresholds.
Trailing price bands are used to lock in trend direction visually on the main chart.
Extreme values beyond ±200 are treated as potential reversal zones.
🔵 FEATURES\
CCI-Based Trend Shifts:
Triggers a bullish bias when CCI crosses above the upper threshold, and bearish when it crosses below the lower threshold.
Adaptive Trailing Stops:
In bullish mode, a trailing stop tracks the lowest price; in bearish mode, it tracks the highest.
Top & Bottom Markers:
When CCI surpasses +200 or drops below -200, it plots colored squares both on the oscillator and on price, marking potential reversal zones.
Background Highlights:
Each time a trend shift occurs, the background is softly colored (lime for bullish, orange for bearish) to highlight the change.
🔵 HOW TO USE
Use the oscillator to monitor when CCI crosses above or below threshold values to detect trend activation.
Enter trades in the direction of the trailing band once the trend bias is confirmed.
Watch for +200 and -200 square markers as warnings of potential mean reversals.
Use trailing stop areas as dynamic support/resistance to manage stop loss and exit strategies.
The background color changes offer clean confirmation of trend transitions on chart.
🔵 CONCLUSION
Commodity Trend Reactor transforms the simple CCI into a complete trend-reactive framework. With real-time trailing logic and clear reversal alerts, it serves both momentum traders and contrarian scalpers alike. Whether you’re trading breakouts or anticipating mean reversions, this indicator provides clarity and structure to your decision-making.
Session-Based Sentiment Oscillator [TradeDots]Track, analyze, and monitor market sentiment across global trading sessions with this advanced multi-session sentiment analysis tool. This script provides session-specific sentiment readings for Asian (Tokyo), European (London), and US (New York) markets, combining price action, volume analysis, and volatility factors into a comprehensive sentiment oscillator. It is an original indicator designed to help traders understand regional market psychology and capitalize on cross-session sentiment shifts directly on TradingView.
📝 HOW IT WORKS
1. Multi-Component Sentiment Engine
Price Action Momentum : Calculates normalized price movement relative to recent trading ranges, providing directional sentiment readings.
Volume-Weighted Analysis : When volume data is available, incorporates volume flow direction to validate price-based sentiment signals.
Volatility-Adjusted Factors : Accounts for changing market volatility conditions by comparing current ATR against historical averages.
Weighted Combination : Merges all components using optimized weightings (Price: 1.0, Volume: 0.3, Volatility: 0.2) for balanced sentiment readings.
2. Session-Segregated Tracking
Automatic Session Detection : Precisely identifies active trading sessions based on user-configured time parameters.
Independent Calculations : Maintains separate sentiment accumulation for each major session, updated only during respective active hours.
Historical Preservation : Stores session-specific sentiment values even when sessions are closed, enabling cross-session comparison.
Real-Time Updates : Continuously processes sentiment during active sessions while preserving inactive session data.
3. Cross-Session Transition Analysis
Sentiment Differential Detection : Monitors sentiment changes when transitioning between trading sessions.
Configurable Thresholds : Generates signals only when sentiment shifts exceed user-defined minimum thresholds.
Directional Signals : Provides distinct bullish and bearish transition alerts with visual markers.
Smart Filtering : Applies smoothing algorithms to reduce false signals from minor sentiment variations.
⚙️ KEY FEATURES
1. Session-Specific Dashboard
Real-Time Status Display : Shows current session activity (ACTIVE/CLOSED) for all three major sessions.
Sentiment Percentages : Displays precise sentiment readings as percentages for easy interpretation.
Strength Classification : Automatically categorizes sentiment as HIGH (>50%), MEDIUM (20-50%), or LOW (<20%).
Customizable Positioning : Place dashboard in any corner with adjustable size options.
2. Advanced Signal Generation
Transition Alerts : Triangle markers indicate significant sentiment shifts between sessions.
Extreme Conditions : Diamond markers highlight overbought/oversold threshold breaches.
Configurable Sensitivity : Adjust signal thresholds from 0.05 to 0.50 based on trading style.
Alert Integration : Built-in TradingView alert conditions for automated notifications.
3. Forex Currency Strength Analysis
Base/Quote Decomposition : For forex pairs, separates sentiment into individual currency strength components.
Major Currency Support : Analyzes USD, EUR, GBP, JPY, CHF, CAD, AUD, NZD strength relationships.
Relative Strength Display : Shows which currency is driving pair movement during active sessions.
4. Visual Enhancement System
Session Background Colors : Distinct background shading for each active trading session.
Overbought/Oversold Zones : Configurable extreme sentiment level visualization with colored zones.
Multi-Timeframe Compatibility : Works across all timeframes while maintaining session accuracy.
Customizable Color Schemes : Full color customization for dashboard, signals, and plot elements.
🚀 HOW TO USE IT
1. Add the Script
Search for "Session-Based Sentiment Oscillator " in the Indicators tab or manually add it to your chart. The indicator will appear in a separate pane below your main chart.
2. Configure Session Times
Asian Session : Set Tokyo market hours (default: 00:00-09:00) based on your chart timezone.
European Session : Configure London market hours (default: 07:00-16:00) for European analysis.
US Session : Define New York market hours (default: 13:00-22:00) for American markets.
Timezone Adjustment : Ensure session times match your broker's specifications and account for daylight saving changes.
3. Optimize Analysis Parameters
Sentiment Period : Choose 5-50 bars (default: 14) for sentiment calculation lookback period.
Smoothing Settings : Select 1-10 bars smoothing (default: 3) with SMA, EMA, or RMA options.
Component Selection : Enable/disable volume analysis, price action, and volatility factors based on available data.
Signal Sensitivity : Adjust threshold from 0.05-0.50 (default: 0.15) for transition signal generation.
4. Interpret Readings and Signals
Positive Values : Indicate bullish sentiment for the active session.
Negative Values : Suggest bearish sentiment conditions.
Dashboard Status : Monitor which session is currently active and their respective sentiment strengths.
Transition Signals : Watch for triangle markers indicating significant cross-session sentiment changes.
Extreme Alerts : Note diamond markers when sentiment reaches overbought (>70%) or oversold (<-70%) levels.
5. Set Up Alerts
Configure TradingView alerts for:
- Bullish session transitions
- Bearish session transitions
- Overbought condition alerts
- Oversold condition alerts
❗️LIMITATIONS
1. Data Dependency
Volume Requirements : Volume-based analysis only functions when volume data is provided by your broker. Many forex brokers do not supply reliable volume data.
Price Action Focus : In absence of volume data, sentiment calculations rely primarily on price movement and volatility factors.
2. Session Time Sensitivity
Manual Adjustment Required : Session times must be manually updated for daylight saving time changes.
Broker Variations : Different brokers may have slightly different session definitions requiring time parameter adjustments.
3. Ranging Market Limitations
Trend Bias : Sentiment calculations may be less reliable during extended sideways or low-volatility market conditions.
Lag Consideration : As with all sentiment indicators, readings may lag during rapid market transitions.
4. Regional Market Focus
Major Session Coverage : Designed primarily for major global sessions; may not capture sentiment from smaller regional markets.
Weekend Gaps : Does not account for weekend gap effects on sentiment calculations.
⚠️ RISK DISCLAIMER
Trading and investing carry significant risk and can result in financial loss. The "Session-Based Sentiment Oscillator " is provided for informational and educational purposes only. It does not constitute financial advice.
- Always conduct your own research and analysis
- Use proper risk management and position sizing in all trades
- Past sentiment patterns do not guarantee future market behavior
- Combine this indicator with other technical and fundamental analysis tools
- Consider overall market context and your personal risk tolerance
This script is an original creation by TradeDots, published under the Mozilla Public License 2.0.
Session-based sentiment analysis should be used as part of a comprehensive trading strategy. No single indicator can predict market movements with certainty. Exercise proper risk management and maintain realistic expectations about indicator performance across varying market conditions.
NUPL Z-ScoreThis indicator is derived from Market Value and Realized Value, which can be defined as:
Market Value: The current price of Bitcoin multiplied by the number of coins in circulation. This is like market cap in traditional markets i.e. share price multiplied by number of shares.
Realized Value: Rather than taking the current price of Bitcoin, Realized Value takes the price of each Bitcoin when it was last moved i.e. the last time it was sent from one wallet to another wallet. It then adds up all those individual prices and takes an average of them. It then multiplies that average price by the total number of coins in circulation.
By subtracting Realized Value from Market Value we calculate Unrealized Profit/Loss.
Unrealized Profit/Loss estimates the total paper profits/losses in Bitcoin held by investors. This is interesting to know but of greater value is identifying how this changes relatively over time.
To do this we can divide Unrealized Profit/Loss by Market Cap. This creates Net Unrealized Profit/Loss, sometimes referred to as NUPL, which is very useful to track investor sentiment over time for Bitcoin.
Relative Unrealised Profit/Loss is another name used for this analysis.
CVDD Z-ScoreCVDD stands for Cumulative Value Coin Days Destroyed.
Coin Days Destroyed is a term used for bitcoin to identify a value of sorts to UTXO’s (unspent transaction outputs). You can learn more about UTXO’s here. They can be thought of as coins moving between wallets.
int this script you have the option to change the Z-Score length.
Supply In Profit Z-ScoreZ-score of BTC Supply in Profit.
Supply in Profit is an On-Chain BTC indicator that shows the percentage of BTC in profit.
In this indicator you can choose to use a Z-Score or not.
BTC Thermocap Z-ScoreBTC Thermocap Indicator Overview
The BTC Thermocap is a specialized on-chain ratio indicator designed to provide deeper insight into Bitcoin's market valuation relative to its cumulative issuance. By comparing the current market price of Bitcoin to the total value of all BTC ever mined (also known as "thermocap"), this indicator helps identify potential overvaluation or undervaluation periods within the Bitcoin market cycle.
Key Features and Customizable Inputs:
Moving Average Length (MA Length)
Moving Average Type (MA Type) - SMA or EMA
Z-Score Calculation Length
Z-Score Toggle (Use Z-Score)
Mitsos4 RSI + BB + Dispersion + Trendlines + VIX Fix Mitsos4 RSI + BB + Dispersion + Trendlines + VIX Fix
This powerful custom indicator combines two analytical tools into one view:
RSI-based Bollinger Bands with Dispersion and the Vix Fix volatility spike detector.
It is designed for traders who want early volatility signals and precision RSI insights, all in a single pane.
🧩 What's Included:
✅ 1. RSI + BB (EMA) + Dispersion
RSI-Based Bollinger Bands: Tracks the RSI with Bollinger Bands using an EMA as the basis.
Dispersion Zone: A buffer zone around the moving average band for more sensitive overbought/oversold detection.
Dynamic RSI Coloring:
🟢 Green: RSI breaks above the dispersion zone.
🔴 Red: RSI breaks below the dispersion zone.
🟡 Yellow: RSI inside the zone (neutral).
Trendlines at RSI levels: 40 (green), 50 (yellow), 60 (red).
Alerts when RSI crosses dispersion zones.
✅ 2. CM_Williams_Vix_Fix
Designed to simulate VIX-like volatility spikes on non-VIX instruments.
Detects potential market bottoms by measuring price deviation from recent highs.
Includes:
Bollinger Band range on WVF.
Percentile high/low zones to detect significant volatility moves.
Histogram plot of WVF for quick visual alerts.
Color-coded spikes (green when above upper thresholds).
⚙️ User Controls:
Adjustable RSI, Bollinger Band, and dispersion settings.
Toggle options for:
Viewing high/low VIX percentiles.
Showing standard deviation bands for WVF.
Custom trendline display levels at RSI key areas.
📌 Best Use Cases:
Detect early market reversals and volatility spikes.
Combine RSI strength with volatility-based bottom signals.
Layer dispersion-based logic on top of classic RSI strategies.
