Indicatori e strategie
Keltner Channel Enhanced [DCAUT]█ Keltner Channel Enhanced
📊 ORIGINALITY & INNOVATION
The Keltner Channel Enhanced represents an important advancement over standard Keltner Channel implementations by introducing dual flexibility in moving average selection for both the middle band and ATR calculation. While traditional Keltner Channels typically use EMA for the middle band and RMA (Wilder's smoothing) for ATR, this enhanced version provides access to 25+ moving average algorithms for both components, enabling traders to fine-tune the indicator's behavior to match specific market characteristics and trading approaches.
Key Advancements:
Dual MA Algorithm Flexibility: Independent selection of moving average types for middle band (25+ options) and ATR smoothing (25+ options), allowing optimization of both trend identification and volatility measurement separately
Enhanced Trend Sensitivity: Ability to use faster algorithms (HMA, T3) for middle band while maintaining stable volatility measurement with traditional ATR smoothing, or vice versa for different trading strategies
Adaptive Volatility Measurement: Choice of ATR smoothing algorithm affects channel responsiveness to volatility changes, from highly reactive (SMA, EMA) to smoothly adaptive (RMA, TEMA)
Comprehensive Alert System: Five distinct alert conditions covering breakouts, trend changes, and volatility expansion, enabling automated monitoring without constant chart observation
Multi-Timeframe Compatibility: Works effectively across all timeframes from intraday scalping to long-term position trading, with independent optimization of trend and volatility components
This implementation addresses key limitations of standard Keltner Channels: fixed EMA/RMA combination may not suit all market conditions or trading styles. By decoupling the trend component from volatility measurement and allowing independent algorithm selection, traders can create highly customized configurations for specific instruments and market phases.
📐 MATHEMATICAL FOUNDATION
Keltner Channel Enhanced uses a three-component calculation system that combines a flexible moving average middle band with ATR-based (Average True Range) upper and lower channels, creating volatility-adjusted trend-following bands.
Core Calculation Process:
1. Middle Band (Basis) Calculation:
The basis line is calculated using the selected moving average algorithm applied to the price source over the specified period:
basis = ma(source, length, maType)
Supported algorithms include EMA (standard choice, trend-biased), SMA (balanced and symmetric), HMA (reduced lag), WMA, VWMA, TEMA, T3, KAMA, and 17+ others.
2. Average True Range (ATR) Calculation:
ATR measures market volatility by calculating the average of true ranges over the specified period:
trueRange = max(high - low, abs(high - close ), abs(low - close ))
atrValue = ma(trueRange, atrLength, atrMaType)
ATR smoothing algorithm significantly affects channel behavior, with options including RMA (standard, very smooth), SMA (moderate smoothness), EMA (fast adaptation), TEMA (smooth yet responsive), and others.
3. Channel Calculation:
Upper and lower channels are positioned at specified multiples of ATR from the basis:
upperChannel = basis + (multiplier × atrValue)
lowerChannel = basis - (multiplier × atrValue)
Standard multiplier is 2.0, providing channels that dynamically adjust width based on market volatility.
Keltner Channel vs. Bollinger Bands - Key Differences:
While both indicators create volatility-based channels, they use fundamentally different volatility measures:
Keltner Channel (ATR-based):
Uses Average True Range to measure actual price movement volatility
Incorporates gaps and limit moves through true range calculation
More stable in trending markets, less prone to extreme compression
Better reflects intraday volatility and trading range
Typically fewer band touches, making touches more significant
More suitable for trend-following strategies
Bollinger Bands (Standard Deviation-based):
Uses statistical standard deviation to measure price dispersion
Based on closing prices only, doesn't account for intraday range
Can compress significantly during consolidation (squeeze patterns)
More touches in ranging markets
Better suited for mean-reversion strategies
Provides statistical probability framework (95% within 2 standard deviations)
Algorithm Combination Effects:
The interaction between middle band MA type and ATR MA type creates different indicator characteristics:
Trend-Focused Configuration (Fast MA + Slow ATR): Middle band uses HMA/EMA/T3, ATR uses RMA/TEMA, quick trend changes with stable channel width, suitable for trend-following
Volatility-Focused Configuration (Slow MA + Fast ATR): Middle band uses SMA/WMA, ATR uses EMA/SMA, stable trend with dynamic channel width, suitable for volatility trading
Balanced Configuration (Standard EMA/RMA): Classic Keltner Channel behavior, time-tested combination, suitable for general-purpose trend following
Adaptive Configuration (KAMA + KAMA): Self-adjusting indicator responding to efficiency ratio, suitable for markets with varying trend strength and volatility regimes
📊 COMPREHENSIVE SIGNAL ANALYSIS
Keltner Channel Enhanced provides multiple signal categories optimized for trend-following and breakout strategies.
Channel Position Signals:
Upper Channel Interaction:
Price Touching Upper Channel: Strong bullish momentum, price moving more than typical volatility range suggests, potential continuation signal in established uptrends
Price Breaking Above Upper Channel: Exceptional strength, price exceeding normal volatility expectations, consider adding to long positions or tightening trailing stops
Price Riding Upper Channel: Sustained strong uptrend, characteristic of powerful bull moves, stay with trend and avoid premature profit-taking
Price Rejection at Upper Channel: Momentum exhaustion signal, consider profit-taking on longs or waiting for pullback to middle band for reentry
Lower Channel Interaction:
Price Touching Lower Channel: Strong bearish momentum, price moving more than typical volatility range suggests, potential continuation signal in established downtrends
Price Breaking Below Lower Channel: Exceptional weakness, price exceeding normal volatility expectations, consider adding to short positions or protecting against further downside
Price Riding Lower Channel: Sustained strong downtrend, characteristic of powerful bear moves, stay with trend and avoid premature covering
Price Rejection at Lower Channel: Momentum exhaustion signal, consider covering shorts or waiting for bounce to middle band for reentry
Middle Band (Basis) Signals:
Trend Direction Confirmation:
Price Above Basis: Bullish trend bias, middle band acts as dynamic support in uptrends, consider long positions or holding existing longs
Price Below Basis: Bearish trend bias, middle band acts as dynamic resistance in downtrends, consider short positions or avoiding longs
Price Crossing Above Basis: Potential trend change from bearish to bullish, early signal to establish long positions
Price Crossing Below Basis: Potential trend change from bullish to bearish, early signal to establish short positions or exit longs
Pullback Trading Strategy:
Uptrend Pullback: Price pulls back from upper channel to middle band, finds support, and resumes upward, ideal long entry point
Downtrend Bounce: Price bounces from lower channel to middle band, meets resistance, and resumes downward, ideal short entry point
Basis Test: Strong trends often show price respecting the middle band as support/resistance on pullbacks
Failed Test: Price breaking through middle band against trend direction signals potential reversal
Volatility-Based Signals:
Narrow Channels (Low Volatility):
Consolidation Phase: Channels contract during periods of reduced volatility and directionless price action
Breakout Preparation: Narrow channels often precede significant directional moves as volatility cycles
Trading Approach: Reduce position sizes, wait for breakout confirmation, avoid range-bound strategies within channels
Breakout Direction: Monitor for price breaking decisively outside channel range with expanding width
Wide Channels (High Volatility):
Trending Phase: Channels expand during strong directional moves and increased volatility
Momentum Confirmation: Wide channels confirm genuine trend with substantial volatility backing
Trading Approach: Trend-following strategies excel, wider stops necessary, mean-reversion strategies risky
Exhaustion Signs: Extreme channel width (historical highs) may signal approaching consolidation or reversal
Advanced Pattern Recognition:
Channel Walking Pattern:
Upper Channel Walk: Price consistently touches or exceeds upper channel while staying above basis, very strong uptrend signal, hold longs aggressively
Lower Channel Walk: Price consistently touches or exceeds lower channel while staying below basis, very strong downtrend signal, hold shorts aggressively
Basis Support/Resistance: During channel walks, price typically uses middle band as support/resistance on minor pullbacks
Pattern Break: Price crossing basis during channel walk signals potential trend exhaustion
Squeeze and Release Pattern:
Squeeze Phase: Channels narrow significantly, price consolidates near middle band, volatility contracts
Direction Clues: Watch for price positioning relative to basis during squeeze (above = bullish bias, below = bearish bias)
Release Trigger: Price breaking outside narrow channel range with expanding width confirms breakout
Follow-Through: Measure squeeze height and project from breakout point for initial profit targets
Channel Expansion Pattern:
Breakout Confirmation: Rapid channel widening confirms volatility increase and genuine trend establishment
Entry Timing: Enter positions early in expansion phase before trend becomes overextended
Risk Management: Use channel width to size stops appropriately, wider channels require wider stops
Basis Bounce Pattern:
Clean Bounce: Price touches middle band and immediately reverses, confirms trend strength and entry opportunity
Multiple Bounces: Repeated basis bounces indicate strong, sustainable trend
Bounce Failure: Price penetrating basis signals weakening trend and potential reversal
Divergence Analysis:
Price/Channel Divergence: Price makes new high/low while staying within channel (not reaching outer band), suggests momentum weakening
Width/Price Divergence: Price breaks to new extremes but channel width contracts, suggests move lacks conviction
Reversal Signal: Divergences often precede trend reversals or significant consolidation periods
Multi-Timeframe Analysis:
Keltner Channels work particularly well in multi-timeframe trend-following approaches:
Three-Timeframe Alignment:
Higher Timeframe (Weekly/Daily): Identify major trend direction, note price position relative to basis and channels
Intermediate Timeframe (Daily/4H): Identify pullback opportunities within higher timeframe trend
Lower Timeframe (4H/1H): Time precise entries when price touches middle band or lower channel (in uptrends) with rejection
Optimal Entry Conditions:
Best Long Entries: Higher timeframe in uptrend (price above basis), intermediate timeframe pulls back to basis, lower timeframe shows rejection at middle band or lower channel
Best Short Entries: Higher timeframe in downtrend (price below basis), intermediate timeframe bounces to basis, lower timeframe shows rejection at middle band or upper channel
Risk Management: Use higher timeframe channel width to set position sizing, stops below/above higher timeframe channels
🎯 STRATEGIC APPLICATIONS
Keltner Channel Enhanced excels in trend-following and breakout strategies across different market conditions.
Trend Following Strategy:
Setup Requirements:
Identify established trend with price consistently on one side of basis line
Wait for pullback to middle band (basis) or brief penetration through it
Confirm trend resumption with price rejection at basis and move back toward outer channel
Enter in trend direction with stop beyond basis line
Entry Rules:
Uptrend Entry:
Price pulls back from upper channel to middle band, shows support at basis (bullish candlestick, momentum divergence)
Enter long on rejection/bounce from basis with stop 1-2 ATR below basis
Aggressive: Enter on first touch; Conservative: Wait for confirmation candle
Downtrend Entry:
Price bounces from lower channel to middle band, shows resistance at basis (bearish candlestick, momentum divergence)
Enter short on rejection/reversal from basis with stop 1-2 ATR above basis
Aggressive: Enter on first touch; Conservative: Wait for confirmation candle
Trend Management:
Trailing Stop: Use basis line as dynamic trailing stop, exit if price closes beyond basis against position
Profit Taking: Take partial profits at opposite channel, move stops to basis
Position Additions: Add to winners on subsequent basis bounces if trend intact
Breakout Strategy:
Setup Requirements:
Identify consolidation period with contracting channel width
Monitor price action near middle band with reduced volatility
Wait for decisive breakout beyond channel range with expanding width
Enter in breakout direction after confirmation
Breakout Confirmation:
Price breaks clearly outside channel (upper for longs, lower for shorts), channel width begins expanding from contracted state
Volume increases significantly on breakout (if using volume analysis)
Price sustains outside channel for multiple bars without immediate reversal
Entry Approaches:
Aggressive: Enter on initial break with stop at opposite channel or basis, use smaller position size
Conservative: Wait for pullback to broken channel level, enter on rejection and resumption, tighter stop
Volatility-Based Position Sizing:
Adjust position sizing based on channel width (ATR-based volatility):
Wide Channels (High ATR): Reduce position size as stops must be wider, calculate position size using ATR-based risk calculation: Risk / (Stop Distance in ATR × ATR Value)
Narrow Channels (Low ATR): Increase position size as stops can be tighter, be cautious of impending volatility expansion
ATR-Based Risk Management: Use ATR-based risk calculations, position size = 0.01 × Capital / (2 × ATR), use multiples of ATR (1-2 ATR) for adaptive stops
Algorithm Selection Guidelines:
Different market conditions benefit from different algorithm combinations:
Strong Trending Markets: Middle band use EMA or HMA, ATR use RMA, capture trends quickly while maintaining stable channel width
Choppy/Ranging Markets: Middle band use SMA or WMA, ATR use SMA or WMA, avoid false trend signals while identifying genuine reversals
Volatile Markets: Middle band and ATR both use KAMA or FRAMA, self-adjusting to changing market conditions reduces manual optimization
Breakout Trading: Middle band use SMA, ATR use EMA or SMA, stable trend with dynamic channels highlights volatility expansion early
Scalping/Day Trading: Middle band use HMA or T3, ATR use EMA or TEMA, both components respond quickly
Position Trading: Middle band use EMA/TEMA/T3, ATR use RMA or TEMA, filter out noise for long-term trend-following
📋 DETAILED PARAMETER CONFIGURATION
Understanding and optimizing parameters is essential for adapting Keltner Channel Enhanced to specific trading approaches.
Source Parameter:
Close (Most Common): Uses closing price, reflects daily settlement, best for end-of-day analysis and position trading, standard choice
HL2 (Median Price): Smooths out closing bias, better represents full daily range in volatile markets, good for swing trading
HLC3 (Typical Price): Gives more weight to close while including full range, popular for intraday applications, slightly more responsive than HL2
OHLC4 (Average Price): Most comprehensive price representation, smoothest option, good for gap-prone markets or highly volatile instruments
Length Parameter:
Controls the lookback period for middle band (basis) calculation:
Short Periods (10-15): Very responsive to price changes, suitable for day trading and scalping, higher false signal rate
Standard Period (20 - Default): Represents approximately one month of trading, good balance between responsiveness and stability, suitable for swing and position trading
Medium Periods (30-50): Smoother trend identification, fewer false signals, better for position trading and longer holding periods
Long Periods (50+): Very smooth, identifies major trends only, minimal false signals but significant lag, suitable for long-term investment
Optimization by Timeframe: 1-15 minute charts use 10-20 period, 30-60 minute charts use 20-30 period, 4-hour to daily charts use 20-40 period, weekly charts use 20-30 weeks.
ATR Length Parameter:
Controls the lookback period for Average True Range calculation, affecting channel width:
Short ATR Periods (5-10): Very responsive to recent volatility changes, standard is 10 (Keltner's original specification), may be too reactive in whipsaw conditions
Standard ATR Period (10 - Default): Chester Keltner's original specification, good balance between responsiveness and stability, most widely used
Medium ATR Periods (14-20): Smoother channel width, ATR 14 aligns with Wilder's original ATR specification, good for position trading
Long ATR Periods (20+): Very smooth channel width, suitable for long-term trend-following
Length vs. ATR Length Relationship: Equal values (20/20) provide balanced responsiveness, longer ATR (20/14) gives more stable channel width, shorter ATR (20/10) is standard configuration, much shorter ATR (20/5) creates very dynamic channels.
Multiplier Parameter:
Controls channel width by setting ATR multiples:
Lower Values (1.0-1.5): Tighter channels with frequent price touches, more trading signals, higher false signal rate, better for range-bound and mean-reversion strategies
Standard Value (2.0 - Default): Chester Keltner's recommended setting, good balance between signal frequency and reliability, suitable for both trending and ranging strategies
Higher Values (2.5-3.0): Wider channels with less frequent touches, fewer but potentially higher-quality signals, better for strong trending markets
Market-Specific Optimization: High volatility markets (crypto, small-caps) use 2.5-3.0 multiplier, medium volatility markets (major forex, large-caps) use 2.0 multiplier, low volatility markets (bonds, utilities) use 1.5-2.0 multiplier.
MA Type Parameter (Middle Band):
Critical selection that determines trend identification characteristics:
EMA (Exponential Moving Average - Default): Standard Keltner Channel choice, Chester Keltner's original specification, emphasizes recent prices, faster response to trend changes, suitable for all timeframes
SMA (Simple Moving Average): Equal weighting of all data points, no directional bias, slower than EMA, better for ranging markets and mean-reversion
HMA (Hull Moving Average): Minimal lag with smooth output, excellent for fast trend identification, best for day trading and scalping
TEMA (Triple Exponential Moving Average): Advanced smoothing with reduced lag, responsive to trends while filtering noise, suitable for volatile markets
T3 (Tillson T3): Very smooth with minimal lag, excellent for established trend identification, suitable for position trading
KAMA (Kaufman Adaptive Moving Average): Automatically adjusts speed based on market efficiency, slow in ranging markets, fast in trends, suitable for markets with varying conditions
ATR MA Type Parameter:
Determines how Average True Range is smoothed, affecting channel width stability:
RMA (Wilder's Smoothing - Default): J. Welles Wilder's original ATR smoothing method, very smooth, slow to adapt to volatility changes, provides stable channel width
SMA (Simple Moving Average): Equal weighting, moderate smoothness, faster response to volatility changes than RMA, more dynamic channel width
EMA (Exponential Moving Average): Emphasizes recent volatility, quick adaptation to new volatility regimes, very responsive channel width changes
TEMA (Triple Exponential Moving Average): Smooth yet responsive, good balance for varying volatility, suitable for most trading styles
Parameter Combination Strategies:
Conservative Trend-Following: Length 30/ATR Length 20/Multiplier 2.5, MA Type EMA or TEMA/ATR MA Type RMA, smooth trend with stable wide channels, suitable for position trading
Standard Balanced Approach: Length 20/ATR Length 10/Multiplier 2.0, MA Type EMA/ATR MA Type RMA, classic Keltner Channel configuration, suitable for general purpose swing trading
Aggressive Day Trading: Length 10-15/ATR Length 5-7/Multiplier 1.5-2.0, MA Type HMA or EMA/ATR MA Type EMA or SMA, fast trend with dynamic channels, suitable for scalping and day trading
Breakout Specialist: Length 20-30/ATR Length 5-10/Multiplier 2.0, MA Type SMA or WMA/ATR MA Type EMA or SMA, stable trend with responsive channel width
Adaptive All-Conditions: Length 20/ATR Length 10/Multiplier 2.0, MA Type KAMA or FRAMA/ATR MA Type KAMA or TEMA, self-adjusting to market conditions
Offset Parameter:
Controls horizontal positioning of channels on chart. Positive values shift channels to the right (future) for visual projection, negative values shift left (past) for historical analysis, zero (default) aligns with current price bars for real-time signal analysis. Offset affects only visual display, not alert conditions or actual calculations.
📈 PERFORMANCE ANALYSIS & COMPETITIVE ADVANTAGES
Keltner Channel Enhanced provides improvements over standard implementations while maintaining proven effectiveness.
Response Characteristics:
Standard EMA/RMA Configuration: Moderate trend lag (approximately 0.4 × length periods), smooth and stable channel width from RMA smoothing, good balance for most market conditions
Fast HMA/EMA Configuration: Approximately 60% reduction in trend lag compared to EMA, responsive channel width from EMA ATR smoothing, suitable for quick trend changes and breakouts
Adaptive KAMA/KAMA Configuration: Variable lag based on market efficiency, automatic adjustment to trending vs. ranging conditions, self-optimizing behavior reduces manual intervention
Comparison with Traditional Keltner Channels:
Enhanced Version Advantages:
Dual Algorithm Flexibility: Independent MA selection for trend and volatility vs. fixed EMA/RMA, separate tuning of trend responsiveness and channel stability
Market Adaptation: Choose configurations optimized for specific instruments and conditions, customize for scalping, swing, or position trading preferences
Comprehensive Alerts: Enhanced alert system including channel expansion detection
Traditional Version Advantages:
Simplicity: Fewer parameters, easier to understand and implement
Standardization: Fixed EMA/RMA combination ensures consistency across users
Research Base: Decades of backtesting and research on standard configuration
When to Use Enhanced Version: Trading multiple instruments with different characteristics, switching between trending and ranging markets, employing different strategies, algorithm-based trading systems requiring customization, seeking optimization for specific trading style and timeframe.
When to Use Standard Version: Beginning traders learning Keltner Channel concepts, following published research or trading systems, preferring simplicity and standardization, wanting to avoid optimization and curve-fitting risks.
Performance Across Market Conditions:
Strong Trending Markets: EMA or HMA basis with RMA or TEMA ATR smoothing provides quicker trend identification, pullbacks to basis offer excellent entry opportunities
Choppy/Ranging Markets: SMA or WMA basis with RMA ATR smoothing and lower multipliers, channel bounce strategies work well, avoid false breakouts
Volatile Markets: KAMA or FRAMA with EMA or TEMA, adaptive algorithms excel by automatic adjustment, wider multipliers (2.5-3.0) accommodate large price swings
Low Volatility/Consolidation: Channels narrow significantly indicating consolidation, algorithm choice less impactful, focus on detecting channel width contraction for breakout preparation
Keltner Channel vs. Bollinger Bands - Usage Comparison:
Favor Keltner Channels When: Trend-following is primary strategy, trading volatile instruments with gaps, want ATR-based volatility measurement, prefer fewer higher-quality channel touches, seeking stable channel width during trends.
Favor Bollinger Bands When: Mean-reversion is primary strategy, trading instruments with limited gaps, want statistical framework based on standard deviation, need squeeze patterns for breakout identification, prefer more frequent trading opportunities.
Use Both Together: Bollinger Band squeeze + Keltner Channel breakout is powerful combination, price outside Bollinger Bands but inside Keltner Channels indicates moderate signal, price outside both indicates very strong signal, Bollinger Bands for entries and Keltner Channels for trend confirmation.
Limitations and Considerations:
General Limitations:
Lagging Indicator: All moving averages lag price, even with reduced-lag algorithms
Trend-Dependent: Works best in trending markets, less effective in choppy conditions
No Direction Prediction: Indicates volatility and deviation, not future direction, requires confirmation
Enhanced Version Specific Considerations:
Optimization Risk: More parameters increase risk of curve-fitting historical data
Complexity: Additional choices may overwhelm beginning traders
Backtesting Challenges: Different algorithms produce different historical results
Mitigation Strategies:
Use Confirmation: Combine with momentum indicators (RSI, MACD), volume, or price action
Test Parameter Robustness: Ensure parameters work across range of values, not just optimized ones
Multi-Timeframe Analysis: Confirm signals across different timeframes
Proper Risk Management: Use appropriate position sizing and stops
Start Simple: Begin with standard EMA/RMA before exploring alternatives
Optimal Usage Recommendations:
For Maximum Effectiveness:
Start with standard EMA/RMA configuration to understand classic behavior
Experiment with alternatives on demo account or paper trading
Match algorithm combination to market condition and trading style
Use channel width analysis to identify market phases
Combine with complementary indicators for confirmation
Implement strict risk management using ATR-based position sizing
Focus on high-quality setups rather than trading every signal
Respect the trend: trade with basis direction for higher probability
Complementary Indicators:
RSI or Stochastic: Confirm momentum at channel extremes
MACD: Confirm trend direction and momentum shifts
Volume: Validate breakouts and trend strength
ADX: Measure trend strength, avoid Keltner signals in weak trends
Support/Resistance: Combine with traditional levels for high-probability setups
Bollinger Bands: Use together for enhanced breakout and volatility analysis
USAGE NOTES
This indicator is designed for technical analysis and educational purposes. Keltner Channel Enhanced has limitations and should not be used as the sole basis for trading decisions. While the flexible moving average selection for both trend and volatility components provides valuable adaptability across different market conditions, algorithm performance varies with market conditions, and past characteristics do not guarantee future results.
Key considerations:
Always use multiple forms of analysis and confirmation before entering trades
Backtest any parameter combination thoroughly before live trading
Be aware that optimization can lead to curve-fitting if not done carefully
Start with standard EMA/RMA settings and adjust only when specific conditions warrant
Understand that no moving average algorithm can eliminate lag entirely
Consider market regime (trending, ranging, volatile) when selecting parameters
Use ATR-based position sizing and risk management on every trade
Keltner Channels work best in trending markets, less effective in choppy conditions
Respect the trend direction indicated by price position relative to basis line
The enhanced flexibility of dual algorithm selection provides powerful tools for adaptation but requires responsible use, thorough understanding of how different algorithms behave under various market conditions, and disciplined risk management.
High Volume Candle Detector by Ravi Shinde📊 High Volume Candle Detector
🎯 Overview
Identify exceptional volume spikes that signal institutional activity, breakouts, and reversals. Detects candles with volume exceeding a customizable threshold (default: 3x average volume over 20 periods).
✨ Key Features
🔧 Customizable Settings
Volume Multiplier (default: 3.0x) - Define your threshold
Average Period (default: 20) - Adapt to any timeframe
Bullish/Bearish Detection - Automatic color coding (green/red)
🎨 Visual Styles
Background - Subtle colored highlighting
Border - Yellow box outline
Shape - Triangle markers with "HV" text
All - Combined display
🔔 Smart Alerts
Bullish High Volume 🟢
Bearish High Volume 🔴
Any High Volume ⚠️
📈 Derivatives Trading Method
High-volume candle highs and lows mark key breakout levels. Break above = Go Long. Break below = Go Short. Trail your stop-loss with a moving average of your choice for optimal risk management. Optimal performance on 15-minute or higher timeframes. Lower timeframes may generate excessive noise.
Total Info Indicator by MikePenzin
Install & Add to Chart
• Copy the script into Pine Editor → click Add to Chart .
• Open the ⚙️ Settings → Inputs to customize.
What It Does
• Displays key info in a floating table — trend, volume, ATR, RSI, stop loss, and more.
• Detects breakouts , smart SELL signals , and opening strength .
• Uses emojis and colours to make trends easy to read: 🟢 good, 🟡 neutral, 🔴 risky.
For Swing Traders
• Works best on Daily or 4H charts.
• Watch for 🟢 Uptrend + ⚡BUY / 🔥BUY breakout signals.
• Use ATR-based Stop Loss (shown in table).
• Avoid new entries a few days before earnings.
Suggested Setup
• 20/50/150 MA Lines: ON
• 200 MA Line: optional
• ATR Multiplier: 1.3
• Breakout Detection: ON (Volume + RSI + Trend filters)
• Smart SELLs: ON (RSI 70, EMA 20)
• Pivots: ON for quick swing levels
How to Read
• MA Row: 🟢 = price above MA (bullish).
• ATR/Stop Loss: Suggests where to place protective stop.
• Volume Info: Today’s vs 20-day average, plus pace.
• RSI & CCI: Shows momentum and overbought/oversold levels.
• Breakouts: ⚡BUY (early), 🔥BUY (confirmed).
• Smart SELLs: RSI🔴 / DIV🟣 / EMA🔵 mean potential exit zones.
Example Use
1️⃣ Find stocks with Uptrend 🟢 , rising volume, and ⚡BUY signal.
2️⃣ Enter near breakout; set Stop = shown level.
3️⃣ Take profits or trail when Smart SELLs appear or RSI peaks.
Tips
• Choose table corner under “Table Visualization.”
• Reduce clutter on small timeframes (turn off Pivots/200 MA).
• Use “Volume speed” to spot surging interest before breakouts.
• Compatible with most equities and ETFs.
Disclaimer
This script is for education & analysis only .
Not financial advice — always manage your own risk.
Trend 5EMA trend tracker.
This script plots two EMAs: a short-term EMA (line) and a long-term EMA (dots). The line color turns green when the short EMA is above the long EMA, and red when it’s below. Users can select a custom timeframe for the EMA calculation using the input settings. A shaded area is drawn between the two EMAs to visually represent the trend zone.
ShockDrop Alerts v1⚡ ShockDrop Alerts — Rapid Drop & Drawdown Detector
ShockDrop Alerts helps you react instantly to sudden market shocks.
It tracks both fast price drops and intraday drawdowns, plotting clean visual arrows and sending alerts when volatility spikes — so you can respond before small dips turn into major moves.
⚙️ How It Works
• Fast Drop (FAST) – detects sharp declines (e.g. 2 % in 4 minutes) using 1-minute data across any timeframe.
• Drawdown (DD) – triggers when price trades a set percentage below the day’s session high (e.g. 2 %).
Each alert type has its own independent cooldown timer and can be toggled on or off.
🎯 What You’ll See
• FAST → 🔴 red arrow above the bar (rapid drop detection)
• DD → 🟠 orange arrow below the bar (intraday drawdown)
These appear only when your defined conditions are met. Connect them to TradingView alerts for instant popup, email, mobile, or webhook notifications.
🧭 Key Features
• Detects high-velocity price shocks in real time
• Separate cooldowns for FAST and DD triggers
• Extended-hours toggle to include pre/post-market data
• Clean, clutter-free visuals — only actionable arrows
• Uses 1-minute precision data, works on any symbol or timeframe
• Supports server-side alerts (TradingView Pro +)
📬 Why Traders Use It
• Get early warnings during flash crashes or liquidity spikes
• Automate risk-based exits when markets accelerate downward
• Track SPY, QQQ, crypto, or futures for rapid reversals
• Stay alert to high-impact news events — such as surprise policy comments, earnings releases, or market-moving presidential posts — that can cause sudden volatility
Requires TradingView Pro + for continuous server-side alerting.
Multiple Symbol Trend Screener [Pineify]Multiple Symbol Trend Screener Pineify – Ultimate Multi-Indicator Scanner for TradingView
Empower your trading with deep market insights across multiple symbols using this feature-rich Pine Script screener. The Multiple Symbol Trend Screener Pineify enables traders to monitor and compare trends, reversals, and consolidations in real-time across the biggest equity symbols on TradingView, through a synergistic blend of popular technical indicators.
Key Features
Monitor up to 15 symbols and their trends simultaneously
Integrates 7 professional-grade indicators: MA Distance, Aroon, Parabolic SAR (PSAR), ADX, Supertrend, Keltner Channel, and BBTrend
Color-coded table display for instant visual assessment
Customizable lookback periods, indicator types, and calculation methods
SEO optimized for multi-symbol trend detection, screener, and advanced TradingView indicator
How It Works
This indicator leverages TradingView’s Pine Script v6 and request.security() to process multiple symbols across selected timeframes. Data populates a dynamic table, updating each cell based on the calculated value of every underlying indicator. MA Distance highlights deviation from moving averages; Aroon flags emerging trend strength; PSAR marks potential trend reversals; ADX assesses trend momentum; Supertrend detects bullish/bearish phases; Keltner Channel and BBTrend offer volatility and power insights.
Set up your preferred symbols and timeframes
Each indicator runs its calculation per symbol using its parameter group
All results are displayed in a table for a comprehensive dashboard view
Trading Ideas and Insights
Traders can use this screener for cross-market comparison, directional bias, entry/exit filtering, and comprehensive trend evaluation. The screener is excellent for swing trading, day trading, and portfolio tracking. It enables confirmation across multiple frameworks — for example, spotting momentum with ADX before confirming direction with Supertrend and PSAR.
Identify correlated movements or divergences across selected assets
Spot synchronized trend changes for basket trading ideas
Filter symbols by volatility, strength, or trend status for precise trade selection
How Multiple Indicators Work Together
The screener’s edge lies in its intelligent correlation of popular indicators. MA Distance measures the proximity to chosen moving averages, ideal for spotting overbought/oversold conditions. Aroon reveals the strength of new price trends, PSAR indicates reversal signals, and ADX quantifies the momentum of these trends. Supertrend provides a directional phase, while Keltner Channel & BBTrend analyze volatility shifts and band compressions. This amalgamation allows for a robust, multi-dimensional market snapshot, capturing details missed by single-indicator tools.
By displaying all key metrics side-by-side, the screener enables holistic decision-making, revealing confluence zones and contradiction areas across multiple tickers and timeframes.
Unique Aspects
Original implementation combining seven independent trend and momentum indicators for each symbol
Rich customization for symbols, timeframes, and all indicator parameters
Intuitive color-coding for quick reading of bullish/bearish/neutral signals
Comprehensive dashboard for instant actionable insights
How to Use
Load the indicator onto your TradingView chart
Go to the script’s settings and input your preferred symbols and relevant timeframes
Set your desired parameters for each indicator group: Moving Average type, Aroon length, PSAR values, ADX smoothing, etc.
Observe the results in the top-right table, then use it to filter candidates and validate trade setups
The screener is suitable for all timeframes and asset classes available on TradingView. Make sure your chart’s timeframe matches the one used in the scanner for optimal accuracy.
Customization
Choose up to 15 symbols to monitor in a single dashboard
Customize lookback periods, indicator types, colors, and display settings
Configure alerting options and thresholds for advanced trade automation
Conclusion
The Multiple Symbol Trend Screener Pineify sets a new standard for multi-asset screening on TradingView. By elegantly merging seven proven technical indicators, the screener delivers powerful trend detection, reversal analysis, and volatility monitoring — all in one dashboard. Take your trading to new heights with in-depth, customizable market surveillance.
Adams IndicatorAdams Indicator marks the 4 hour highs and lows of the previous 4 hour candle on the next 4 hour candle
ADR - Average Daily Range [KasTrades]This is an Average Daily Range (ADR) indicator.
There are two settings for ADR:
Two Look back period ADR range (e.g. 7 and 14 days)
One Look back period ADR (e.g. 5 days only)
Two day ADR ranges are typically used in equities and index futures whereas one day ADR is typically used in forex.
The opening time by default is 17:00 New York (Eastern) time. The ranges are always calculated from the opening price of the first bar on the respected timeframe.
90-Min Opens v1This is a very simple script that highlights every 90m Cycle Open starting at 7:30am UK time until last cycle which starts at 19:30
MCX RSI Screener (5m,15m,1D)A complete multi-timeframe RSI screener designed for MCX commodities.
It automatically fetches RSI values from 5-minute, 15-minute, and 1-day timeframes for up to 10 selected MCX symbols — all in one compact table.
GLOBAL LIQUIDITY PROXY, G5 Total Liquidity (CBBS + M2) - USDG5 Total Liquidity (CBBS + M2) - USD
G5 (US, CN, EU, JP, GB)
Somma Balance Sheet Central Banks e M2 convertiti in USD
Fractals & SweepThe Fractals & Sweep indicator is designed to identify key market structure points (fractals) and detect potential liquidity sweeps around those areas. It visually highlights both Bill Williams fractals and regular fractals, and alerts the user when the market sweeps liquidity above or below the most recent fractal levels.
Fractal Recognition:
Detects both bullish (low) and bearish (high) fractals on the price chart.
Users can choose between:
Bill Williams fractal logic (default), or
Regular fractal logic (when the “Filter Bill Williams Fractals” option is enabled).
Fractals are plotted directly on the chart as red downward triangles for highs and green upward triangles for lows.
Fractal Tracking:
The indicator stores the most recent high and low fractal levels to serve as reference points for potential sweep detection.
Sweep Detection:
A bearish sweep is triggered when the price wicks above the last fractal high but closes below it — suggesting a liquidity grab above resistance.
A bullish sweep is triggered when the price wicks below the last fractal low but closes above it — suggesting a liquidity grab below support.
When a sweep occurs, the indicator draws a horizontal line from the previous fractal point to the current bar.
Alert System:
Custom alerts notify the trader when a bearish sweep or bullish sweep occurs, allowing for timely reactions to potential reversals or liquidity traps.
FVG Strength Detector (1–5)shows you fair value gaps with a rating score of 5 strongest to 1 weakest so if u see a 4 thats a good area
GR33NGR33N — by TanTechTrades
GR33N is a clean, lightweight confirmation/alert tool that fires only when trend, breakout, and momentum all agree. It combines a Hull Moving Average, a Donchian Trend Ribbon, and ADX/DI into one “all green / all red” signal you can trade or use to filter other systems.
What it does
Trend (Hull MA 55): Detects short-to-medium trend direction. Line turns green when rising, red when falling.
Breakout (Donchian 20): Labels regime as bullish after a close above the prior Donchian high, bearish after a close below the prior Donchian low.
Momentum (ADX/DI 14): Confirms direction with DI+ > DI− for bullish pressure or DI− > DI+ for bearish pressure.
A signal prints only when all three align:
All Green → Hull rising and Donchian bullish and DI+ > DI−
All Red → Hull falling and Donchian bearish and DI− > DI+
The chart shades faintly and plots triangles at bars where the alignment occurs. Built-in alerts let you automate entries or notifications.
Plots & Visuals
Hull MA (color-coded by slope)
Background highlight on qualifying bars
Triangle Up/Down markers at “All Green / All Red” events
Inputs
Source: Price source for Hull (default: close)
Hull Length: Default 55
Donchian Period: Default 20
ADX Length: Default 14
Alerts
All Green Alert: “All indicators are green!”
All Red Alert: “All indicators are red!”
Set alerts on “Once per bar close” for confirmed signals.
How to use
Add GR33N to your chart and keep defaults to start.
Trade with the signal:
Long bias on “All Green”; consider entries on pullbacks or break of signal bar high.
Short bias on “All Red”; consider entries on pullbacks or break of signal bar low.
Risk manage with your own SL/TP (e.g., beyond recent swing or ATR).
Optional: Use GR33N as a filter—only take strategy entries in the direction of the latest signal.
Tips
Shorter Donchian or Hull = more signals, more noise. Longer = fewer, more selective.
Works well on intraday FX, indices, and crypto; always validate per symbol/timeframe.
Pair with structure levels, session filters, or volume for higher quality setups.
Notes
This is an indicator/alert tool, not a strategy. Past performance ≠ future results.
Signals are generated on bar close; enabling “realtime bar” alerts may lead to earlier—but less confirmed—notifications.
Built by TanTechTrades — keep it simple, keep it green. ✅
Adaptive Trend CatcherAdaptive Trend Catcher is an original indicator that combines Hull Moving Average smoothing, ATR-based volatility bands, and a CCI filter within an adaptive logic framework. It’s built to react intelligently to changing market conditions rather than applying fixed parameters.
The system uses hysteresis to confirm trend flips only after several consistent signals, minimizing noise and false reversals. During strong momentum bursts, it automatically tightens its internal deadzone and step size to stay responsive while maintaining stability in quieter periods.
The result is a dynamic trend engine that plots a color-shifting adaptive line — green for bullish, red for bearish — that adjusts smoothly with volatility. Optional upper/lower ATR bands can be displayed for added context.
How to use: Watch for confirmed trend color flips with supporting momentum. Bullish flips occur when price regains the lower band and CCI turns positive; bearish flips when price falls below the upper band and CCI turns negative.
Includes alert conditions for both reversals.
For educational purposes only. Not financial advice.
Inverse VIX / Custom Inverse Line🎯 Main Idea
This indicator creates a line that moves opposite to the VIX (Volatility Index) — or any symbol you choose.
When VIX rises (fear increases), → this line goes down.
When VIX falls (market calm), → this line goes up.
It helps you visually understand market sentiment — calm periods (bullish) vs fear periods (bearish).
⚙️ Input Settings
Setting Description
Symbol to invert The symbol to invert. Default is CBOE:VIX.
Inverse mode The method used to invert the values. There are 3 options:
① Negate Simply flips the sign (multiplies by -1). Very straightforward.
② Reciprocal Uses the mathematical inverse (1 ÷ value). High values become smaller, and vice versa.
③ Inverse Normalized The most useful mode 🔥 — normalizes values between 0–100 and flips them, similar to an RSI.
Normalization lookback How many bars to use for normalization (default 252 = roughly one trading year).
Smoothing (SMA) Number of bars for smoothing (makes the line smoother).
Use log for reciprocal Uses logarithmic scaling to stabilize big swings.
Plot color / width Customize the line’s color and thickness.
Show original source If enabled, shows the original VIX line for comparison.
📈 How It Works
The script fetches the close price of the VIX (or your chosen symbol).
It applies the selected inversion method.
The inverted line is plotted on the chart.
In “Inverse Normalized” mode:
The range is 0–100.
Values above 75 = high optimism (market often overheated).
Values below 25 = high fear (potential buying opportunity).
A middle line at 50 marks neutral sentiment.
⚠️ Alerts
The indicator includes two default alerts when using “Inverse Normalized” mode:
🔔 Above 75: Market showing strong optimism (potential top or correction zone).
🔔 Below 25: Market showing fear (potential bottom or buy signal).
🧠 How to Use It
Use it on daily or weekly charts for clearer signals.
Compare it with SPX or NASDAQ:
When the Inverse VIX line rises, markets often go up.
When it falls, markets usually drop or consolidate.
Combine it with other indicators (e.g., RSI, MACD) for confirmation.
- Standardized Money Flow Index with Multi-MA and BB OverlayThis custom Money Flow Index (MFI) script enhances the standard MFI by introducing multiple layers of configurability, statistical normalization, and visual clarity. It begins with the traditional MFI calculation using the average price, hlc3, and a user-defined length, then offers the option to standardize the output. Standardization transforms the MFI into a z-score by subtracting a rolling mean and dividing by a rolling standard deviation, making the indicator statistically interpretable across different assets, timeframes, and volatility regimes. When standardization is active, the overbought and oversold thresholds shift from the conventional 80 and 20 to +2 and –2, aligning them with standard deviation boundaries and improving signal clarity in volatile environments.
Beyond standardization, the script introduces a robust smoothing engine. Users can choose from several moving average types, including SMA, EMA, SMMA (RMA), WMA, and VWMA, to reduce noise and highlight trend shifts. A particularly advanced option is the “SMA + Bollinger Bands” mode, which overlays volatility envelopes around the smoothed MFI using a user-defined standard deviation multiplier. This feature helps traders identify when the MFI is unusually high or low relative to its recent behaviour, adding a volatility-adjusted layer of insight, especially useful in momentum or mean-reversion setups.
Visually, the script is designed for clarity, modularity, and flexibility. It plots the raw or standardized MFI in purple, overlays the smoothed version in yellow if enabled, and adds green Bollinger Bands when selected. It also includes horizontal reference lines for overbought, oversold, and midpoint levels, which dynamically adjust based on whether standardization is active. A shaded background between the overbought and oversold lines further enhances readability, helping traders quickly assess momentum extremes and potential inflection zones.
Compared to the standard MFI, which offers a fixed calculation, limited visual feedback, and no statistical context, this enhanced version is modular, customizable, and statistically grounded. It allows traders to tailor the indicator to their strategy, whether they prefer raw signals, smoothed trends, or volatility-adjusted extremes. These enhancements make it a powerful building block for more sophisticated signal engines, especially when combined with filter gating, persistent state logic, or multi-indicator overlays.
HoneG_実体比率表示最新のローソク足にリアルタイム実体比率を表示する補助ツールです。
陽線の場合なら、実体÷（実体＋上ヒゲ）の％をローソク足の上に表示させ、
陰線の場合なら、実体÷（実体＋下ヒゲ）の％をローソク足の下に表示します。
This is an auxiliary tool that displays the real-time body ratio on the latest candlestick.
For bullish candles, it displays the percentage of body ÷ (body + upper shadow) above the candlestick.
For bearish candles, it displays the percentage of body ÷ (body + lower shadow) below the candlestick.
NYSE FOMO Indicator (Up/Down Volume Ratio)This script plots the NYSE Sentiment Gauge, based on the daily Up/Down Volume Ratio (UVOL ÷ DVOL).
It measures crowd emotion in the overall market:
• ≥ 3 = Red: FOMO, extreme buying.
• 2–3 = Yellow: Cautious optimism.
• 0.5–2 = Grey: Neutral zone.
• 0.33–0.5 = Green: Emerging fear.
• ≤ 0.33 = Bright Green: Panic selling, potential bottom.
The line color and chart background change according to these zones, visually showing shifts in market sentiment.
JTW BAR Size Warning This simple script checks bar size and if it exceeds a certain number, it will turn the candle yellow. Option to determine an oversized candle from the high to the low or from the open to the close (ignoring the wick).
Equal Highs and Lows (Live)live eq highs and lows
gotta yap a little because shi wont let me publish it. talm about some "gosh thats very breif, tell your users a little more about your script"
eq highs and lows and idc if you use it or change the code to suit you.
ts shi is free to use and idgaf what you do with it really
