Price × Volume TableIt creates a table showing:
1- Daily Close × Daily Volume
2- Current Close × Current Volume
3- Close × Highest Volume (last 360 candles)
Indicatori e strategie
BAHATTİN ÖZEL KODForeks scalping için uygundur.
Sizlere 5 dakikalık grafikte işleme giriş yerleriniz gösterir.
Trend Strength IndexThis is a modified Trend Strength Index (TSI) designed for traders who value clear, stable confirmations without mid-candle distortion.
✅ Uses close to lock signals to the previous candle
✅ Built for clean entries with zero line bending during live bars
✅ Ideal for traders who prioritize quality over quantity
✅ Works best when combined with volume, momentum, or trend filters
🔍 Use this indicator for spotting strong trend reversals or momentum shifts with confidence.
Note: This is a custom visual tool for confirmation. It does not provide financial advice
Yaman's - TREND 🔴🟢 Trend Indicator for Scalping.
Trends ----->
XAUUSD (GOLD)
BTCUSD
DXY
Time Frames ----->
M1
M5
M15
H1
Happy Trading!!!
Thanks
Yaman Didi
07-01-2025
Liquidity Break Probability [PhenLabs]📊 Liquidity Break Probability
Version: PineScript™ v6
The Liquidity Break Probability indicator revolutionizes how traders approach liquidity levels by providing real-time probability calculations for level breaks. This advanced indicator combines sophisticated market analysis with machine learning inspired probability models to predict the likelihood of high/low breaks before they happen.
Unlike traditional liquidity indicators that simply draw lines, LBP analyzes market structure, volume profiles, momentum, volatility, and sentiment to generate dynamic break probabilities ranging from 5% to 95%. This gives traders unprecedented insight into which levels are most likely to hold or break, enabling more confident trading decisions.
🚀 Points of Innovation
Advanced 6-factor probability model weighing market structure, volatility, volume, momentum, patterns, and sentiment
Real-time probability updates that adjust as market conditions change
Intelligent trading style presets (Scalping, Day Trading, Swing Trading) with optimized parameters
Dynamic color-coded probability labels showing break likelihood percentages
Professional tiered input system - from quick setup to expert-level customization
Smart volume filtering that only highlights levels with significant institutional interest
🔧 Core Components
Market Structure Analysis: Evaluates trend alignment, level strength, and momentum buildup using EMA crossovers and price action
Volatility Engine: Incorporates ATR expansion, Bollinger Band positioning, and price distance calculations
Volume Profile System: Analyzes current volume strength, smart money proxies, and level creation volume ratios
Momentum Calculator: Combines RSI positioning, MACD strength, and momentum divergence detection
Pattern Recognition: Identifies reversal patterns (doji, hammer, engulfing) near key levels
Sentiment Analysis: Processes fear/greed indicators and market breadth measurements
🔥 Key Features
Dynamic Probability Labels: Real-time percentage displays showing break probability with color coding (red >70%, orange >50%, white <50%)
Trading Style Optimization: One-click presets automatically configure sensitivity and parameters for your trading timeframe
Professional Dashboard: Live market state monitoring with nearest level tracking and active level counts
Smart Alert System: Customizable proximity alerts and high-probability break notifications
Advanced Level Management: Intelligent line cleanup and historical analysis options
Volume-Validated Levels: Only displays levels backed by significant volume for institutional-grade analysis
🎨 Visualization
Recent Low Lines: Red lines marking validated support levels with probability percentages
Recent High Lines: Blue lines showing resistance zones with break likelihood indicators
Probability Labels: Color-coded percentage labels that update in real-time
Professional Dashboard: Customizable panel showing market state, active levels, and current price
Clean Display Modes: Toggle between active-only view for clean charts or historical view for analysis
📖 Usage Guidelines
Quick Setup
Trading Style Preset
Default: Day Trading
Options: Scalping, Day Trading, Swing Trading, Custom
Description: Automatically optimizes all parameters for your preferred trading timeframe and style
Show Break Probability %
Default: True
Description: Displays percentage labels next to each level showing break probability
Line Display
Default: Active Only
Options: Active Only, All Levels
Description: Choose between clean active-only view or comprehensive historical analysis
Level Detection Settings
Level Sensitivity
Default: 5
Range: 1-20
Description: Lower values show more levels (sensitive), higher values show fewer levels (selective)
Volume Filter Strength
Default: 2.0
Range: 0.5-5.0
Description: Controls minimum volume threshold for level validation
Advanced Probability Model
Market Trend Influence
Default: 25%
Range: 0-50%
Description: Weight given to overall market trend in probability calculations
Volume Influence
Default: 20%
Range: 0-50%
Description: Impact of volume analysis on break probability
✅ Best Use Cases
Identifying high-probability breakout setups before they occur
Determining optimal entry and exit points near key levels
Risk management through probability-based position sizing
Confluence trading when multiple high-probability levels align
Scalping opportunities at levels with low break probability
Swing trading setups using high-probability level breaks
⚠️ Limitations
Probability calculations are estimations based on historical patterns and current market conditions
High-probability setups do not guarantee successful trades - risk management is essential
Performance may vary significantly across different market conditions and asset classes
Requires understanding of support/resistance concepts and probability-based trading
Best used in conjunction with other analysis methods and proper risk management
💡 What Makes This Unique
Probability-Based Approach: First indicator to provide quantitative break probabilities rather than simple S/R lines
Multi-Factor Analysis: Combines 6 different market factors into a comprehensive probability model
Adaptive Intelligence: Probabilities update in real-time as market conditions change
Professional Interface: Tiered input system from beginner-friendly to expert-level customization
Institutional-Grade Filtering: Volume validation ensures only significant levels are displayed
🔬 How It Works
1. Level Detection:
Identifies pivot highs and lows using configurable sensitivity settings
Validates levels with volume analysis to ensure institutional significance
2. Probability Calculation:
Analyzes 6 key market factors: structure, volatility, volume, momentum, patterns, sentiment
Applies weighted scoring system based on user-defined factor importance
Generates probability score from 5% to 95% for each level
3. Real-Time Updates:
Continuously monitors price action and market conditions
Updates probability calculations as new data becomes available
Adjusts for level touches and changing market dynamics
💡 Note: This indicator works best on timeframes from 1-minute to 4-hour charts. For optimal results, combine with proper risk management and consider multiple timeframe analysis. The probability calculations are most accurate in trending markets with normal to high volatility conditions.
Avg 30-min High-Low Pips (Bar Chart)Analyses movements over 30 days and plots possible movement windows.
ALI SPX (5.15) MIN
This indicator is designed for SPX and related contracts. It draws key levels based on the first daily candle (9:30 AM market open) on the 15-minute timeframe. It includes:
A top line (lime) at the high of the first candle.
A bottom line (yellow) at the low of the first candle.
A vertical white line within the candle.
A full vertical white line extended across the chart for visual reference.
Price labels showing the high and low, with symbols 📈 and 📉.
A white Kijun-Sen line (from Ichimoku) displayed on all timeframes below 1 hour, calculated using a 15-bar period.
The Kijun line helps identify momentum:
If price is above both the Kijun and top line → bullish trend.
If price is below both → bearish trend.
This setup is optimized for scalping or directional bias during intraday trading.
Opening Range Breakout🧭 Overview
The Open Range Breakout (ORB) indicator is designed to capture and display the initial price range of the trading day (typically the first 15 minutes), and help traders identify breakout opportunities beyond this range. This is a popular strategy among intraday and momentum traders.
🔧 Features
📊 ORB High/Low Lines
Plots horizontal lines for the session’s high and low
🟩 Breakout Zones
Background highlights when price breaks above or below the range
🏷️ Breakout Labels
Text labels marking breakout events
🧭 Session Control
Customizable session input (default: 09:15–09:30 IST)
📍 ORB Line Labels
Text labels anchored to the ORB high and low lines (aligned right)
🔔 Alerts
Configurable alerts for breakout events
⚙️ Adjustable Settings
Show/hide background, labels, session window, etc.
⏱️ Session Logic
• The ORB range is calculated during a defined session window (default: 09:15–09:30).
• During this window, the highest high and lowest low are recorded as ORB High and ORB Low.
📈 Breakout Detection
• Breakout Above: Triggered when price crosses above the ORB High.
• Breakout Below: Triggered when price crosses below the ORB Low.
• Each breakout can trigger:
• A background highlight (green/red)
• A text label (“Breakout ↑” / “Breakout ↓”)
• An optional alert
🔔 Alerts
Two built-in alert conditions:
1. Breakout Above ORB High
• Message: "🔼 Price broke above ORB High: {{close}}"
2. Breakout Below ORB Low
• Message: "🔽 Price broke below ORB Low: {{close}}"
You can create alerts in TradingView by selecting these from the Add Alert window.
📌 Best Use Cases
• Intraday momentum trading
• Breakout and scalping strategies
• First 15-minute range traders (NSE, BSE markets)
Logarithmic Moving Average (LMA) [QuantAlgo]🟢 Overview
The Logarithmic Moving Average (LMA) uses advanced logarithmic weighting to create a dynamic trend-following indicator that prioritizes recent price action while maintaining statistical significance. Unlike traditional moving averages that use linear or exponential weights, this indicator employs logarithmic decay functions to create a more sophisticated price averaging system that adapts to market volatility and momentum conditions.
The indicator displays a smoothed signal line that oscillates around zero, with positive values indicating bullish momentum and negative values indicating bearish momentum. The signal incorporates trend quality assessment, momentum confirmation, and multiple filtering mechanisms to help traders and investors identify trend continuation and reversal opportunities across different timeframes and asset classes.
🟢 How It Works
The indicator's core innovation lies in its logarithmic weighting system, where weights are calculated using the formula: w = 1.0 / math.pow(math.log(i + steepness), 2) The steepness parameter controls how aggressively recent data is prioritized over historical data, creating a dynamic weight decay that can be fine-tuned for different trading styles. This logarithmic approach provides more nuanced weight distribution compared to exponential moving averages, offering better responsiveness while maintaining stability.
The LMA calculation combines multiple sophisticated components. First, it calculates the logarithmic weighted average of closing prices. Then it measures the slope of this average over a 10-period lookback: lmaSlope = (lma - lma ) / lma * 100 The system also incorporates trend quality assessment using R-squared correlation analysis of log-transformed prices, measuring how well the price data fits a linear trend model over the specified period.
The final signal generation uses the formula: signal = lmaSlope * (0.5 + rSquared * 0.5) which combines the LMA slope with trend quality weighting. When momentum confirmation is enabled, the indicator calculates annualized log-return momentum and applies a multiplier when the momentum direction aligns with the signal direction, strengthening confirmed signals while filtering out weak or counter-trend movements.
🟢 How to Use
1. Signal Interpretation and Threshold Zones
Positive Values (Above Zero): LMA slope indicating bullish momentum with upward price trajectory relative to logarithmic baseline
Negative Values (Below Zero): LMA slope indicating bearish momentum with downward price trajectory relative to logarithmic baseline
Zero Line Crosses: Signal transitions between bullish and bearish regimes, indicating potential trend changes
Long Entry Threshold Zone: Area above positive threshold (default 0.5) indicating confirmed bullish signals suitable for long positions
Short Entry Threshold Zone: Area below negative threshold (default -0.5) indicating confirmed bearish signals suitable for short positions
Extreme Values: Signals exceeding ±1.0 represent strong momentum conditions with higher probability of continuation
2. Momentum Confirmation and Visual Analysis
Signal Color Intensity: Gradient coloring shows signal strength, with brighter colors indicating stronger momentum
Bar Coloring: Optional price bar coloring matches signal direction for quick visual trend identification
Position Labels: Real-time position classification (Bullish/Bearish/Neutral) displayed on the latest bar
Momentum Weight Factor: When short-term log-return momentum aligns with LMA signal direction, the signal receives additional weight confirmation
Trend Quality Component: R-squared values weight the signal strength, with higher correlation indicating more reliable trend conditions
3. Examples: Preconfigured Settings
Default: Universally applicable configuration balanced for medium-term investing and general trading across multiple timeframes and asset classes.
Scalping: Highly responsive setup with shorter period and higher steepness for ultra-short-term trades on 1-15 minute charts, optimized for quick momentum shifts.
Swing Trading: Extended period with moderate steepness and increased smoothing for multi-day positions, designed to filter noise while capturing larger price swings on 1-4 hour and daily charts.
Trend Following: Maximum smoothing with lower steepness for established trend identification, generating fewer but more reliable signals optimal for daily and weekly timeframes.
Mean Reversion: Shorter period with high steepness for counter-trend strategies, more sensitive to extreme moves and reversal opportunities in ranging market conditions.
然哥波浪Pro- WaveTrend direction detection
- Customizable overbought and oversold level (set by default just like the original version)
- Possibility to modify the length of the channel (set by default same as the original version)
- Possibility of modifying mobile period (set by default same as the original version)
- Show ONLY overbought sales.
- Show all sales.
- Show ONLY purchases in oversold.
- Show all purchases.
- See histogram.
- See half signal.
- Paint Bars.
- Modification of colors.
Auto Support & Resistance [AlgoXcalibur]Instantly visualize support and resistance levels with adaptive breakout prediction and zero chart clutter.
Combining reliable pivot level detection, relative volume, and price action confirmation, this tool delivers intelligent S/R zones that adapt to current market conditions. Whether you’re trading breakouts, navigating ranges, or using key levels to manage profits and risk — this indicator automatically identifies important levels for you, reducing your workload so you can better focus on your trades and decision-making.
🧠 Algorithm Logic
This ultra-refined Auto Support & Resistance indicator does more than just display reliable support and resistance levels — it applies a minimalist approach to display only the most relevant and actionable zones, while dynamically tracking their structural integrity in real time. The algorithm features unique Breakout Probability Detection — automatically switching lines from solid to dashed when volume and price action suggest a high probability that a breakout will occur. If a level is broken, the next relevant support or resistance level is immediately displayed on the chart, keeping the levels current and actionable so you do not miss critical insight. Optional Price Labels display the price of each level — practical if using these areas for setting take-profits or stop-losses. This algorithm keeps Support & Resistance what they are supposed to be — simple and useful — effortlessly providing a clean, adaptive view of evolving market structure.
⚙️ User-Selectable Features
• Breakout Probability Detection: When enabled, lines automatically switch from solid to dashed when volume and price action suggest a high breakout probability.
• Price Labels: When enabled, price labels display the price of the S/R for practical reference.
📊 Minimalistic Sophistication
Most automated support and resistance tools clutter the chart with dozens of static levels that do not react to price action. This tool displays only the single most relevant support and resistance level at a time, continuously monitoring for breaks and automatically updating when a level is invalidated. With breakout detection built in, it offers a modern, intuitive way to track structural integrity. This tool is designed to prioritize accuracy, adaptability, and visual simplicity — delivering a smart and refined tool for automatically identifying key levels with confidence.
🔐 To get access or learn more, visit the Author’s Instructions section.
OBV-ROC Tilson Trend (Delta Toggle)Tracks the ROC of Obv via Tilson MA and plots slow and fast obv to see direction change
ORBOpening Range Breakout (ORB) — Visual Tool for Early Market Structure
This script implements a refined Opening Range Breakout (ORB) model designed for traders who want to identify key levels established during the first few minutes of the trading session — often referred to as the "Opening Range."
What It Does
Identifies the high, low, and midline of the Opening Range based on a user-defined session window (default: 09:30–09:45).
RTH Candles Overlay--Overview
Unlock a new way to analyze Regular Trading Hours (RTH) with this powerful indicator! Designed for traders who focus on the 09:30–16:00 market session (default EST), it redefines hourly price action by aligning candlesticks with the RTH start at 09:30, rather than the standard XX:00. It also plots hourly high/low lines and projection zones to pinpoint potential support, resistance, and price targets. Plus, it displays compact hourly candlesticks on the right side of your chart for quick, at-a-glance analysis.
--Key Features
Shifted RTH Candles: Unlike standard hourly candles starting at XX:00, this indicator aligns candles with the RTH open at 09:30 (e.g., 09:30–10:30, 10:30–11:30). This captures true market momentum from the opening bell, offering a more accurate view of price action.
Session High/Low Lines: Marks the high and low prices for each session with clear, labeled lines (e.g., “0930-1030 High”) to highlight key levels.
Projection Zones: Draws shaded boxes above and below each session’s range (default: 0.25 and 0.5 Projection levels) to show potential price targets or reversal zones.
Shifted Candlesticks: Displays each shifted Hour as a candlestick (open, high, low, close) on the right side of the chart, with bullish candles in green and bearish in gray for easy comparison.
Vertical Markers: Dotted vertical lines mark the start of each period (e.g., 09:30) for clear time segmentation.
Historical Analysis: View up to 5 days of past sessions to spot trends and recurring levels.
Fully Customizable: Adjust session times, timezone, colors, and projection levels to fit your trading style.
--How It Works
RTH-Aligned Candles: The indicator divides the trading day into up to seven sessions (default: hourly from 09:30 to 16:00 EST). Each session starts at times like 09:30, 10:30, etc., aligning with the RTH open instead of standard hourly intervals. This shift ensures you see price action as it unfolds during key market hours.
High/Low Lines: Horizontal lines mark the highest and lowest prices for each session, with customizable labels for easy reference.
Fibonacci Zones: Shaded boxes extend above (0.25 to 0.5 times the session’s range) and below (–0.25 to –0.5) each session’s high/low, highlighting potential price targets or areas where price may reverse.
Candles: Each shifted hour is summarized as a candlestick on the right side of the chart, showing open, high, low, and close prices. Bullish candles are green, bearish are gray, and you can adjust their size and spacing.
Vertical Lines: Dotted lines at the start of each session (e.g., 09:30) help you visualize session boundaries.
Historical Data: Analyze up to 5 days of past sessions to identify patterns or key levels.
--Settings
Timezone: Set your market’s timezone (default: EST, -4 hours).
Session Times: Customize up to seven sessions (default: hourly from 09:30 to 16:00).
Max Days to Plot: Show up to 5 days of historical sessions (default: 1 day).
Candle Styles: Toggle session candles, adjust width, spacing, and offset. Customize bullish (green) and bearish (gray) colors.
High/Low Lines: Enable/disable high/low lines, set color (default: gray), style (solid, dotted, dashed), and label size. Optionally show session open lines and labels.
Fibonacci Zones: Turn projection zones on/off, adjust levels (default: 0.25 and 0.5), and choose fill color (default: translucent gray).
Vertical Lines: Toggle session start lines and customize their color and style.
--Best Used For
Day Trading: Spot key levels and price targets during RTH sessions, aligned with the 09:30 market open.
RTH Analysis: Get a clearer picture of price action with candles that match the market’s true rhythm, starting at 09:30 instead of XX:00.
Fibonacci Trading: Use projection zones to identify potential support, resistance, or breakout levels.
Session Comparison: Compare price action across sessions using compact candlesticks and historical data.
--How to Use
1. Add the indicator to your TradingView chart (works best on 1-hour or lower timeframes).
2. Set the timezone and session times to match your market (default: 09:30–16:00 EST).
3. Enable/disable features like Fibonacci zones, high/low lines, or session candles in the settings.
4. Use the shaded zones to anticipate price targets or reversals based on Fibonacci levels.
5. Analyze session candles and historical data to spot trends or recurring levels.
--Why This Indicator?
The RTH Session Candles with projection Zones indicator is a game-changer for traders who want to focus on the market’s true rhythm. By aligning candles with the 09:30 RTH open, it captures price action as it happens, unlike standard hourly charts. Paired with projection zones and clear session markings, it’s a simple yet powerful tool to identify key levels and potential price moves. Perfect for day traders, swing traders, or anyone who wants a cleaner, more precise view of the market.
🎯SNİPER_MÜCAHİT_ATAOGLUThe 🎯SNIPER_MÜCAHİT_ATAOGLU indicator is a divergence-focused RSI tool designed to pinpoint momentum reversals with precision:
RSI “Sniper” Calculation
Computes a smoothed RSI-style oscillator (“sniper”) using a running moving average of positive and negative price changes, scaled between 0–50–100 for clarity.
Fractal-Based Peak & Trough Detection
Identifies local tops and bottoms via 5-bar fractals, ensuring divergences anchor to significant swing points.
Regular & Hidden Divergence Signals
Regular Bear/Bull Divergences: Signals when price and the sniper oscillator form higher highs vs. lower highs (bear) or lower lows vs. higher lows (bull) at fractal points.
Hidden Divergences (optional): Flags continuation setups when price makes lower highs but oscillator makes higher highs (hidden bear) or higher lows but oscillator dips (hidden bull).
Visual Customization
Neon-style color palette and thick lines optimized for dark themes.
Optional background fills highlight overbought (red fill above 30) and oversold (green fill below 20) zones.
Fractal points and divergence markers use distinct neon shapes and labels for instant readability.
Multi-Timeframe Signal Table
On-chart table shows the latest divergence signal, how many bars ago it occurred, and the current sniper value across 15 m, 45 m, 4 h, 1 d, 1 w, and 1 M timeframes—enabling quick MTF decision-making.
Alerts
Built-in alerts for regular and hidden bullish/bearish divergences, ensuring you never miss a high-probability setup.
Structure Break + Confirmation (First Signal Only)Swing Detection:
A Swing High is detected when the high of the central candle (based on a lookback period) is greater than the highs of the candles before and after.
A Swing Low is detected when the low of the central candle is lower than the lows of the candles before and after.
Break of Structure (BOS):
A BOS Up is confirmed when a candle closes above the most recent swing high (with a body close).
A BOS Down is confirmed when a candle closes below the most recent swing low.
Confirmation (CONF):
A CONF Up is triggered when price makes a new high after a BOS Up.
A CONF Down is triggered when price makes a new low after a BOS Down.
Only the first confirmation after a BOS is plotted.
Visuals:
Cross marks (×) are plotted at swing points.
BOS signals are shown with green (up) and red (down) labels.
CONF signals are shown with lime (up) and orange (down) triangle markers.
Dotted lines are drawn at the levels of broken swing highs/lows.
Buying/Selling Climax DetectorBuying/Selling Climax Detector (VSA-Based)
📝 Description:
This indicator identifies potential buying and selling climaxes using principles from Volume Spread Analysis (VSA). It highlights candles where:
Buying Climax: Wide price spread + high volume + bearish close
Selling Climax: Wide price spread + high volume + bullish close
These events may signal exhaustion of trend, smart money activity, or potential reversals.
🔍 How It Works:
Calculates average volume and spread over the last 20 candles.
Flags candles where volume exceeds 120% of the average and spread is wider than usual.
Plots red and green labels on the chart to mark climax events.
⚙️ Best Used On:
High-volume assets (e.g., BTC/USD, major stocks)
Lower timeframes (e.g., 5m, 15m) for intraday signals
ETH Pro new🧠 ETH Pro Strategy Breakout + Visual TP/SL
This advanced breakout-based strategy is designed for ETH but works well with other trending assets. It combines multiple indicators and market context filters to generate high-confidence buy and sell signals.
📊 Core Logic Includes:
✅ Chandelier Exit for trend confirmation
✅ Multi-timeframe RSI and Stochastic RSI crossovers
✅ OBV confirmation for volume momentum
✅ Dynamic TP & SL using ATR multipliers
✅ Visual Buy/Sell Labels and TP/SL Lines on chart
🚫 False Signal Filters:
❌ Avoids buying near supply (resistance) zones
❌ Avoids selling near demand (support) zones
❌ Skips entries during low volume
❌ Blocks trades during consolidation (low ATR vs price)
Z-Score Pairs Trading Composite
z-score
Description (한글)
이 지표는 BTC/ETH 가격 비율의 Z-Score와 개별 자산(BTC, ETH)의 RSI를 동시에 계산하여, 시장의 추세 강도와 과매수·과매도 구간을 한눈에 파악할 수 있는 통합 전략 대시보드를 제공합니다.
사용자 정의 가능한 기간(length) 및 진입·청산 임계값(threshold) 설정
캔들 차트 위에 오버레이 형태로 표시
트레이딩뷰 기본 툴바 및 알림 기능 완벽 호환
Description (English)
This indicator delivers an integrated strategy dashboard by calculating both the Z-Score of the BTC/ETH price ratio and the RSI of each asset (BTC, ETH), enabling you to visualize market trend strength and overbought/oversold conditions at a glance.
Customizable length and entry/exit threshold settings
Overlay display directly on your candlestick chart
Fully compatible with TradingView’s toolbar and alert system
BERLOGA|PARTY Pump & Long DetectorThe indicator detects high pump signals and bottom long entries based on RSI, MACD, and volume. It also displays RSI, volume, MACD values, and percentage price change for the latest candle. (Индикатор определяет сигналы хай пампа и донные значения для лонга на основе RSI, MACD, объема, а также отображает показания RSI,Vol,MACD и изменение цены в % в последней свече.)
Callum GJ (Strategy)Beta testing a strategy! We are testing a new strategy that is finding a sophisticated breakout with GJ! We will continue to add to this strategy as it looks very good at first glance. we have profitability for more than 5+ years! Take a look at the chart
Custom EMA High/Low & SMA - [GSK-VIZAG-AP-INDIA] Custom EMA High/Low & SMA -
1. Overview
This indicator overlays a dynamic combination of Exponential Moving Averages (EMA) and Simple Moving Average (SMA) to identify momentum shifts and potential entry/exit zones. It highlights bullish or bearish conditions using color-coded SMA logic and provides visual Buy/Sell signals based on smart crossover and state-based logic.
2. Purpose / Use Case
Designed for traders who want to visually identify momentum breakouts, trend reversals, or pullback opportunities, this tool helps:
Spot high-probability buy/sell zones
Confirm price strength relative to volatility bands (EMA High/Low)
Time entries based on clean visual cues
It works well in trend-following strategies, particularly in intraday or swing setups across any liquid market (indices, stocks, crypto, etc.).
3. Key Features & Logic
✅ EMA High/Low Channel: Acts as dynamic support/resistance boundaries using 20-period EMAs on high and low prices.
✅ Timeframe-Specific SMA: A 33-period SMA calculated from a user-defined timeframe (default: 10-minute) for flexible multi-timeframe analysis.
✅ Signal Generation:
Buy: When SMA drops below EMA Low and close is above EMA High.
Sell: When SMA rises above EMA High and price closes below both EMAs.
Optionally, signals also fire based on SMA color changes (green = bullish, red = bearish).
✅ Strict or Loose Signal Logic: Choose between precise crossovers or broader state-based conditions.
✅ Debugging Tools: Optional markers for granular insight into condition logic.
4. User Inputs & Settings
Input Description
EMA High Length Period for EMA of high prices (default: 20)
EMA Low Length Period for EMA of low prices (default: 20)
SMA Length Period for Simple Moving Average (default: 33)
SMA Timeframe Timeframe for SMA (default: “10”)
Show Buy/Sell Arrows Enable visual arrow signals for Buy/Sell
Strict Signal Logic ON = crossover-based signals; OFF = state logic
Plot Signals on SMA Color Change Enable signals on SMA color shifts (Green/Red)
Show Debug Markers Plot small markers to debug condition logic
5. Visual Elements Explained
🔵 EMA High Line – Blue line marking dynamic resistance
🔴 EMA Low Line – Red line marking dynamic support
🟡 SMA Line – Color-coded based on position:
Green if SMA < EMA Low (Bullish)
Red if SMA > EMA High (Bearish)
Yellow otherwise (Neutral)
✅ BUY / SELL Labels – Displayed below or above candles on valid signals
🛠️ Debug Circles/Triangles – Help visually understand the signal logic when enabled
6. Usage Tips
Best used on 5–30 min timeframes for intraday setups or 1H+ for swing trades.
Confirm signals with volume, price action, or other confluences (like support/resistance).
Use strict mode for more accurate entries, and non-strict mode for broader trend views.
Ideal for identifying pullbacks into trend, or early reversals after volatility squeezes.
7. What Makes It Unique
Multi-timeframe SMA integrated with EMA High/Low bands
Dual signal logic (crossover + color shift)
Visually intuitive and beginner-friendly
Minimal clutter with dynamic signal labeling
Debug mode for transparency and learning
8. Alerts & Automation
The indicator includes built-in alert conditions for:
📈 Buy Alert: Triggered when a bullish condition is detected.
🔻 Sell Alert: Triggered when bearish confirmation is detected.
These alerts can be used with TradingView's alert system for real-time notifications or bot integrations.
9. Technical Concepts Used
EMA (Exponential Moving Average): Reacts faster to recent price, ideal for trend channels
SMA (Simple Moving Average): Smoother average for detecting general trend direction
Crossover Logic: Checks when SMA crosses over or under EMA levels
Color Coding: Visual signal enhancement based on relative positioning
Multi-Timeframe Analysis: SMA calculated on a custom timeframe, powerful for confirmation
10. Disclaimer
This script is for educational and informational purposes only. It is not financial advice. Always backtest thoroughly and validate on demo accounts before applying to live markets. Trading involves risk, and past performance does not guarantee future results.
11. Author Signature
📌 Indicator Name: Custom EMA High/Low & SMA -
👤 Author: GSK-VIZAG-AP-INDIA