BUY/SELL SIGNALS from LSMA/ALMA/HMAThis indicator uses the Least Squares Moving Average (LSMA) in tandem with the Arnaud Legoux Moving Average (ALMA) and Hull Moving Average (HMA) to generate buy-sell signals, represented by the light blue and orange crosses respectively.
The yellow lines produced by the indicator show periods of market uncertainty and possible reversal, and a modified, user-defined VWAP is given along with a 200 EMA. The point of this indicator was to create a smoother, more visually appealing moving-average, price action-based indicator when compared to the trend-step and simple moving average indicators available. This indicator uses a fast (25 period) LSMA coupled with a slower (50 period) HMA and ALMA in order to make signals both smooth and fast.
This indicator will work on all markets, except the modified VWAP will naturally not function if the volume is unpublished for that market. Use of this indicator will be very strong in trending markets, as the yellow line will spot possible reversals quite early, meaning the trader can be ready early for the buy/sell signal to appear. Use of this indicator in sideways market conditions will be limited, as it is for all moving average-based indicators, but the damage will be minimal as bad trades will be quickly realized by the indicator and the color will switch to yellow, this is possible because of the settings differences between the period lengths of the LSMA vs the ALMA + HMA.
Cerca negli script per "Buy sell"
Buy/Sell RatingIdentifies prices above and below input percentile thresholds over the input length of time. Use to identify buy/sell opportunities relative to recent pricing. Also provides percent of price distance from moving average over the same length.
Buy Sell signals for indicatorsThis is a simple script where I have compiled my most commonly used overlays and given each unique buy/sell signals. I have found this to greatly simply my searching for future trades as it quickly outlines the current technical postion of the stock.
Some cons of this script though is the visualization can get messy due to multiple alerts being set off.
--> RSI
Buy signal at or above 70
Sell Signal at or below 30
--> MACD
Buy signal at crossover between macd line and signal line aswell as the histogram line being above 0
Sell signal at crossover between signal line and macd line aswell as the histogram line being below 0
--> Standard Deviations from Mean
Buy signal when the price is 3 standard deviations from the mean.
Sell signal when the price is 3 standard deviations from the mean.
Mean can be adjusted in settings
--> Donchian Channels
Buy signal when the lowest length value is greater than or equal to low aswell as rsi > 45 to help eliminate false signals
Sell signal when the highest length value is greater than or equal to high aswell as rsi < 55 to help eliminate false signals
--> Bollinger bands
Buy when low is at or below the lower band
Sell when high is at or above the higher band
Soon to come:
--> Linear regression
--> ATR
--> CCI
--> Volume
PS. I can also add candlestick patterns, Gann and Fib levels aswell if it will help people out :)
Buy/Sell Alert EMA with SuperFormula by zdmre*** Use it at your own risk
This indicator has 3 indicators and gives a buy/sell signal depending on the EMA.
3 indicators:
- Ichimoku
- Bollinger Band
- EMA
It also shows the value on the candle as a warning in the Buy and Sell signals. This value is calculated with a special formula I have created.
On the other hand Bollinger Band and Ichimoku Cloud are also included to check the accuracy of the signals.
For this indicator, I recommend a minimum of 4 hours chart.
Buy/Sell/TP/SL/TSL Alerts ModuleThis tool is not a self-sufficient indicator, just an attachable module that allows you to enhance a specific indicator with risk management components without having a headache.
What you need to do, and actually this is the most important step, is to rewrite your indicator to a buy-sell signal form which will output only -1, 0, 1 values and then connect it to the module.
After that the module gives you a lot of possibilities to customize Take Profit, Stop Loss and Trailing Stop Loss levels through the settings window and to set all the alerts you need up.
Simple Buy/Sell setup for the RSI:
Now I am adding Stop Loss:
and Take Profit:
and finally Trailing Stop Loss:
Okay, I have shown how it works with RSI signals. Here is example for the MACD:
and example for the WaveTrend Oscillator:
If you have any questions don't hesitate to ask and contact me either via private messages on TradingView or via Telegram
Buy Sell SignalsWill be making more enhancements to the Buy Sell indicator in the coming days..
The main idea of the indicator is to pick up small but powerful ups and downs in the market.
I personally use 1 min Time Frame as it works the best for me. These are quick entries, you can either exit quickly or trail your stoplosses for a nice profit.
The design is to provide possible entry points. It is not designed to provide you with Exit points.
Also added the Current Day High & Current Day Low (CDH & CDL can change when new highs or new lows are made in intraday).
PDH & PDL denotes the Previous Day High and Low (these are static lines that do not change)
This gives you a sense of how the day is moving.
Please do your own analysis before you take up entries. Trade at your own risk..!
Time Frame: works best in intra day time frames like 1 min, 3 min and 5 mins
Signal:
Possible Long Trend: Background color is GREEN, there is a high possibility that the price would shoot up
Possible Short Trend: Background color is RED, there is a high possibility that the price would take a nose dive
A continued GREEN or RED background does not indicate a fresh entry, it merely shows that the conditions still haven't changed.
Risky traders can still take up a new position or add to their positions when there is a continuous same color - GREEN or RED
When there is no background color, it means that not all conditions are met to give a clear direction. In short the view is neutral.
Recommended Stop Loss or Take Profit:
I personally use 0.5% as the SL and 0.5% as TP. You can use multiples of 0.5% to keep trailing your profits. I've seen some very good results with this. By default, 0.5% for both SL & TP is shown with a grey dotted line for both the Long positions and Short positions.
Alternatively, you can also use the Resistance levels and Support levels as your SL and TP areas too.
Do backtest and find your sweet spot.
Good luck..!
buy/sellits a EMA crossover pls only trade if the gape between the 3 line is proper (no claims, rights reserved i am not responsible for any loss)
Buy/Sell Signal base on RSIHi there,
This is my new script: Buy Sell Signal base on RSI Divergence!
Green arrow below the candle is the buy signal
Red arrow above the candle is the sell signal
Use it with other indicators to get better confirmation.
Highly recommend using it on the high timeframe like 4H or Daily chart.
Hope you like it!
- From Tonyz of TTC
lokendra buy-sellbuy sell prediction with trend and sequence to be used with EMA (9,18) for better decision taking and accuracy
Buy/Sell Signals w/BB, but w/ repeat alerts enabledThis is "Advanced Buy/Sell Signals w/ BB by mattzab" but allows for signals to repeat consecutively. Typically used on the 1 day resolution.
You can program the alerts to autotrade for you on an exchange like Binance via a chrome extensions or other programs if you want.
TonyUX EMA Scalper - Buy / SellThis is a simple scalping strategy that works for all time frames... I have only tested it on FOREX
It works by checking if the price is currently in an uptrend and if it crosses the 20 EMA.
If it crosses the 20 EMA and its in and uptrend it will post a BUY SIGNAL.
If it crosses the 20 EMA and its in and down it will post a SELL SIGNAL.
The red line is the highest close of the previous 8 bars --- This is resistance
The green line is the lowest close of the previous 8 bars -- This is support
E.Invest ALT Buy/Sell ZonesE.Invest ALT Buy/Sell Zones — normalized buy/sell zones for altcoins (Average/High Volatility)Summary
This indicator builds normalized buy and sell zones for altcoins using ultra-long baselines on a fixed timeframe and calibrated percentage offsets. It helps you stage entries and exits with discipline and consistency across a wide range of altcoins, from majors to lesser-known assets, by normalizing calculations regardless of the chart’s timeframe.What makes it unique
Two volatility regimes for exits: Average Volatility and High Volatility. Switch between them depending on market phase: steady trends vs. euphoric/parabolic moves.
Timeframe normalization: all calculations run on a fixed 60-minute aggregate via request.security, so results are comparable across different charts and assets.
Ultra-long baselines: the core lines reflect higher-cycle structure of altcoin markets and avoid being driven by short-lived noise.
Asymmetric design: buy zones use fixed percentage discounts for disciplined DCA entries, while sell zones use expanded targets designed for altcoin-style rallies.
Non-repainting implementation: request.security is used with lookahead_off; labels are updated on the last bar only.
Consolidation: merges two legacy variants into one tool, simplifying updates and avoiding separate “minor variation” publications.
How it works (principles)
Baseline: an ultra-long moving average on fixed M60 is the reference for relative levels.
Buy Zones (Buy 1/2): set at fixed percentage discounts from the baseline to build staggered entries.
Sell Zones (Sell 1/2/3):
Average Volatility: targets for routine trend conditions and moderate volatility.
High Volatility: extended targets to capture outsized moves during euphoric phases.
Last-bar price labels: show current level values to speed up order placement.
How to use
Entries:
Buy 1: conservative accumulation at a discount to the “fair-value” baseline.
Buy 2: more aggressive adds during capitulative dips. Consider confirming with volume/structure filters.
Exits:
Use Average Volatility in steady or range-bound conditions for partial take-profits at Sell 1/2/3.
Use High Volatility during strong impulses to avoid exiting too early.
Laddering:
Split position size into 3–6 tranches and distribute across zones.
Refresh orders periodically; levels shift as the baseline updates.
Timeframes and assets:
Works on any chart timeframe; calculations are normalized on M60.
Prefer liquid pairs for cleaner adherence to levels.
Combinations:
Improve selectivity with HTF trend filters or volume confirmation. The indicator provides context; entry/exit triggers remain your system’s choice.
Settings
Indicator:
Show Sell Zones (average volatility)
Show Sell Zones (high volatility)
Labels — Buy:
Show label Buy 1
Show label Buy 2
Labels — Average Volatility:
Show label Sell 1/2/3
Labels — High Volatility:
Show label Sell 1/2/3
Labels are printed on the last bar for quick price-aware actions.
Why closed-source
The method relies on proprietary calibration of baseline windows and percentage offsets derived from altcoin cycle studies (moderate vs. impulsive phases). We keep the source protected to preserve the methodology, while describing the principles and usage so traders can understand how to apply it.Publishing notes (Chart)
Publish with a clean chart featuring only this indicator, unless your description explains required companions.
Use a neutral theme and keep labels on to make outputs unambiguous.
Important
This is not financial advice. No guarantees of performance.
Zones provide structure; confirmations and risk management are up to the trader.
On illiquid assets, slippage or overshoots can occur.
Future changes will be published using the Update feature.
E.Invest ALT Buy/Sell Zones — нормализованные зоны покупок/продаж для альткоинов (Average/High Volatility)
Кратко
Индикатор строит нормализованные зоны покупок и продаж для альткоинов на основе ультрадолгой базовой линии (baseline) на фиксированном таймфрейме и калиброванных процентных отклонений. Он помогает дисциплинированно расставлять лестницу заявок на вход/выход и одинаково применим к широкому спектру альткоинов — благодаря нормализации расчётов независимо от ТФ графика.Чем он уникален
Два режимa зон продаж: Average Volatility и High Volatility. Переключайтесь в зависимости от рыночной фазы: умеренные тренды или параболические импульсы.
Нормализация по времени: все расчёты ведутся на фиксированном M60 через request.security — уровни сопоставимы между инструментами и ТФ.
Ультрадолгие базовые линии: отражают структуру циклов альткоинов, а не кратковременный шум.
Асимметрия логики: покупки — фиксированные проценты скидки (удобно для DCA‑подхода), продажи — расширенные цели под «выносные» ралли.
Без перерисовки: request.security с lookahead_off; метки обновляются только на последнем баре.
Консолидация: объединяет две прежние вариации в один инструмент, исключая публикацию «мелких вариаций» и упрощая поддержку.
Как это работает (принципы)
Базовая линия (baseline): ультрадолгая скользящая на фиксированном M60 — опорный уровень для относительных расчётов.
Зоны покупок (Buy 1/2): фиксированные проценты скидки от baseline — для поэтапного набора.
Зоны продаж (Sell 1/2/3):
Average Volatility — цели для «обычных» трендов и умеренной волатильности.
High Volatility — дальние цели в фазах эйфории/импульсов.
Метки цен на последнем баре — для быстрого выставления лимит‑ордеров.
Как использовать
Входы:
Buy 1 — базовая зона для начала набора/докупки со скидкой к «справедливой» линии.
Buy 2 — агрессивное усреднение в кульминациях снижения; лучше подтверждать объёмом/структурой.
Выходы:
Average Volatility — частичная фиксация на Sell 1/2/3 в спокойных фазах/боковике.
High Volatility — используйте в импульсных фазах, чтобы не выйти слишком рано.
Лестница ордеров:
Делите объём на 3–6 частей и распределяйте по зонам.
Обновляйте заявки: уровни динамически следуют за baseline.
Таймфреймы и инструменты:
Работает на любом ТФ графика; расчёт нормализован на M60.
Предпочтительны ликвидные пары для корректной отработки уровней.
Комбинации:
Повышайте точность HTF‑фильтрами тренда и подтверждением объёмом. Индикатор задаёт контекст; триггеры — на ваше усмотрение.
Параметры
Индикатор:
Показать Sell Zones (average volatility)
Показать Sell Zones (high volatility)
Метки Buy:
Показывать метку Buy 1
Показывать метку Buy 2
Метки Average Volatility:
Показывать метку Sell 1/2/3
Метки High Volatility:
Показывать метку Sell 1/2/3
Метки выводятся на последнем баре.
Почему закрытый код
Используется проприетарная калибровка базовых периодов и процентных офсетов, сформированная по историческим циклам альткоинов (умеренные и импульсные фазы). Мы защищаем методику, но подробно описываем принципы и сценарии применения, чтобы трейдеры понимали, как использовать инструмент.Рекомендации по публикации (Chart)
Публикуйте с «чистым» графиком: оставьте только этот индикатор, если не требуется иначе.
Используйте нейтральную тему и включённые метки цен — так выводы индикатора читаются однозначно.
Важно
Не является инвестиционной рекомендацией; гарантии результата отсутствуют.
Зоны — это контекст; подтверждения и риск‑менеджмент остаются за трейдером.
На низколиквидных парах возможны проскальзывания и «перепробои» уровней.
Дальнейшие изменения будут публиковаться через Update.
Enhanced Buy/Sell Pressure, Volume, and Trend Bar analysisEnhanced Buy/Sell Pressure, Volume, and Trend Bar Analysis Indicator
Overview
This indicator is designed to help traders identify buy and sell pressure, volume changes, and overall trend direction in the market. It combines multiple concepts like price action, volume, and trend analysis, candlestick anaysis to provide a comprehensive view of market dynamics. The visual elements are intuitive, making it suitable for traders at different levels. This indicator works together with Enhanced Pressure MTF Screener which is a screener based of this indicator to make it easier to see Bullish/Bearish pressures and trend across multiple timeframes.
Image below: is the Enhanced Buy/Sell Pressure, Volume, and Trend Bar Analysis with the Enhanced Pressure MTF Screener indicator both active together.
Key Features
1.Buy/Sell Pressure Identification
Buy Pressure: Calculated based on price movement where the close price is higher than the opening price.
Sell Pressure: Calculated when the closing price is equal to or lower than the opening price.These pressures help you understand whether buyers or sellers are more dominant for each bar.
2.Volume Analysis
Normalized Volume: Volume data is normalized, making it easier to compare volume levels over different periods.
Volume Histogram: The volume is also presented as a histogram for easy visualization, showing whether the current volume is higher or lower compared to the average.
3.Simplified Coloring Option
You can choose to simplify the coloring of bars to reflect the dominant pressure: green for bullish pressure and red for bearish pressure. This makes it visually easier to identify who is in control. When simplified coloring is disabled, the bars' colors will represent the combined effect of buy and sell pressure.
4.Heikin-Ashi Candles for Pressure Calculation
The indicator includes an option to use Heikin-Ashi candles instead of traditional candles to calculate buy and sell pressure. Heikin-Ashi candles are known for smoothing out price action and providing a clearer trend representation.
5.Trend Background Coloring
This feature uses exponential moving averages (EMAs) to determine the trend:
Short-Term EMA vs. Long-Term EMA: When the short-term EMA is above the long-term EMA, the trend is considered bullish, and vice versa.
The background color changes based on the identified trend: green for an uptrend and red for a downtrend. This feature helps visualize the overall market direction at a glance.
6.Signals for Key Price Actions
The indicator plots various symbols to signal important price movements:
Bullish Close (▲): Indicates a strong upward movement where the close price crosses above the open.
Bearish Close (▼): Indicates a downward movement where the close price falls below the open.
Higher High (•): Highlights new highs compared to previous bars, useful for confirming an uptrend.
Lower Low (•): Highlights lower lows compared to previous bars, which can indicate a downtrend or bearish pressure.
Calculations Explained
1.Buy and Sell Pressure Calculation
The buy pressure is determined by the price range (high - low) if the closing price is above the opening price, indicating an increase in value.
The sell pressure is similarly calculated when the closing price is equal to or below the opening price.
The indicator uses the Average True Range (ATR) for normalization. Normalizing helps you compare pressure across different periods, regardless of market volatility.
2.Volume Normalization
Volume Normalization: To make volume comparable across different periods, the indicator normalizes it using the Simple Moving Average (SMA) of volume over a user-defined length.
Volume Histogram: The histogram provides a clear representation of volume changes compared to the average, making it easier to spot unusual activity that may indicate market shifts.
3.Combined Pressure Calculation
The indicator calculates a combined pressure value by subtracting sell pressure from buy pressure.
When combined pressure is positive, buying is dominant, and when negative, selling is dominant. This helps in visually understanding the ongoing momentum.
4.Trend Calculation
The indicator uses two EMAs to determine the trend:
Short-Term EMA (default 14-period) to capture recent price movements.
Long-Term EMA (default 50-period) to provide a broader trend perspective.
By comparing these EMAs on a higher timeframe, the indicator can identify whether the trend is up or down, making it easier for traders to align their trades with the larger market movement.
Inputs and Customization
The indicator provides several options for customization, allowing you to adjust it to your preferences:
SMA Length: Determines the lookback period for moving averages and volume normalization. A longer length provides more smoothing, whereas a shorter length makes the indicator more responsive.
Buy/Sell/Volume Colors: Customize the colors used to represent buying, selling, and volume to suit your preferences.
Heikin Ashi Option: Toggle between using Heikin Ashi or traditional OHLC (Open-High-Low-Close) candles for pressure calculations.
Trend Timeframe and EMA Periods: You can choose different timeframes and EMA periods for trend analysis to suit your trading strategy.
How to Use This Indicator
Identifying Market Momentum: Use the buy/sell pressure columns to see which side (buyers or sellers) is in control. Positive pressure combined with green color indicates strong buying, while red indicates selling.
Volume Confirmation: Check the volume area plot and histogram. High volume coupled with strong pressure is a sign of conviction, meaning the current move has backing from market participants.
Trend Identification: The trend background color helps identify the overall trend direction. Trade in the direction of the trend (e.g., take long positions during a green background).
Signal Indicators: The plotted symbols like "Bullish Close" and "Bearish Close" provide visual signals of key price actions, useful for timing entry or exit points.
Practical use Example
Scenario: The market is consolidating, and you see alternating green and red bars.
Action: Wait for a consistent sequence of green bars (buy pressure) along with a green background (uptrend) to consider going long, although you can go long without having a green background, the background adds confirmation layer.
Scenario: The market has several bearish closes (red ▼ symbols) accompanied by increasing volume.
Action: This could indicate strong selling pressure. If the background also turns red, it might be a good time to exit long positions or consider shorting.
Higher timeframe pressure and volume: Another way to use the indicator is to check buy/sell volume and pressure of the higher timeframe say weekly or daily or any timeframe you consider higher, once you’ve identified or feel confident in which direction the bar is going along with the full picture of trend, you can go to the lower timeframe and wait for it to sync with the higher timeframe to consider a long or a short. It is also easier to see when markets sync up by also applying the Enhanced Pressure MTF Screener which works in companion to this indicator.
Visual Cues and Interpretation
Combined Pressure Plot: The green and red column plot at the bottom of the chart represents the dominance between buying and selling. Tall green bars signify strong buying, while tall red bars indicate selling dominance.
Trend Background: Helps visualize the overall direction without manually drawing trend lines. When the background turns green, it generally indicates that the shorter-term moving average has crossed above the longer-term average—a sign of a bullish trend.
To Summarize shortly
The Enhanced Buy/Sell Pressure, Volume, and Trend Bar Analysis Indicator is an advanced but simple tool designed to help traders visually understand market dynamics. It combines different aspects of market analysis of candle pressure from buyers and sellers, volume confirmation, and trend identification into a single view, which can assist both new and experienced traders in making informed trading decisions.
This indicator:
Saves time by simplifying market analysis.
Provides clear visual cues for buy/sell pressure, volume, and trend.
Offers customizable settings to suit individual trading styles.
Always, I am happy to share my creations with you all for free. If you guys have cool ideas you would like to share, or suggestions for improvements the comment is below and I hope this overview gave an idea of how to use the indicator :D
Jerry Buy Sell IndicatorThis indicator has unique conditions in the script that create the following:
1. Buy and Sell zones
2. Early Buy, Buy and Sell signals that are determined by conditions including relative position to the zero line.
3. Defines 6 different short term trends
4. Trend Labels to show the current short term trend (located in the lower right corner).
5. Buy, Sell, Buy Zone & Warning Zone Labels
6. 14 user controlled inputs allow the user to customize the settings.
7. Unique functionality that allows you to create trade alerts based on conditions being met with criteria scans built into the indicator.
# 7 is a cool unique feature of our indicator. For example you can easily create a TRADE ALERT for a symbol based on a Buy Signal being met in any time frame. This is possible because we have built into the script the ability to select multiple conditions including BUY ALERT, EARLY BUY ALERT AND SELL ALERT. You can also use the alerts to scan your stocks individually for buy zones and warning zones or for crossing above or below the clouds. TradingView alerts can notify you via pop-up, email, sound notification, email to SMS & sound notifications.
Buy Sell Indicator Features
----- Trends
- Red Dots (Red Cloud) = Warning zone. Generally do not buy or consider selling.
- Dark Red Dots = Warning BUT Improving. Things are getting better.
- Grey Dots = Neutral. No clear short term trend.
- Yellow Dots = Early. Great for high conviction stocks but early for the main buy signal.
- Dark Green Dots = In the buy zone but losing strength.
- Green Dots (Green Cloud) = Trend is bullish & stock is in the buy zone.
- Trend Line = Shows the prevailing direction of price and if the momentum is beamish, bullish or neutral.
----- Buy & Sell Signals
- Early Buy Bubble= The first day the Early Buy signal is triggered. Early Buy Signals occur below the zero line and are higher risk/reward. This is a unique feature of this indicator.
- Buy Bubble = Indicator Buy Signal Triggered. Buy Signals occur above the zero line.
- Sell Bubble = Indicator Sell Signal Triggered.
----- Ways To Use The Indicator
1. Buy/Sell during with the main buy and sell Alerts in the Buy (green shaded) and Warning (red shaded) zones.
2. In The Red You’re Dead. Most buy signals happen outside of the red warning zone. There are exceptions like reversals and momentum squeezes.
3. Buy Sell Indicator can be used by itself or with other indicators (Momentum Dream works well)
4. Use Red and Green Clouds/Shading to assist with position direction. In the buy zone look to go long. In the red zone generally do not add to your position or consider selling.
5. Use Red Clouds to tighten stops or close positions.
6. Customize the indicators to vary the results by selecting Wilders, SMA, EMA, WMA, and HullMA moving averages.
7. The early buy signal/bubble appears on the chart the first day the early buy signal is triggered and can be used for entry into high conviction stocks or if you want to take a higher risk/reward trade.
8. The standard buy signal is shown when conditions have been met to indicate a better buy entry point with less risk.
Disclaimer: The information contained in our scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. We will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Please Use the link below for more information.
Ch Enhanced Buy Sell Volume// ========================================
// 📊 HOW TO READ THIS INDICATOR 📊
// ========================================
//
// 🟢 GREEN BARS (Above Zero) = BUY VOLUME
// 🔴 RED BARS (Below Zero) = SELL VOLUME
//
// 💡 BAR COLORS MEANING:
// • DARK GREEN = Strong buyer dominance (high conviction buying)
// • LIGHT GREEN = Weak buyer dominance (low conviction)
// • DARK RED = Strong seller dominance (high conviction selling)
// • LIGHT RED = Weak seller dominance (low conviction)
//
// 🎯 TRADING SIGNALS:
// • Tall dark green bars = Strong bullish momentum
// • Tall dark red bars = Strong bearish momentum
// • Light colored bars = Weak conviction, potential reversal
// • Green bars > Red bars = Buyers winning
// • Red bars > Green bars = Sellers winning
//
// 📈 BULLISH SIGNALS:
// • Buy% > 70% = Strong buying interest
// • Dark green bars with high delta = Professional buying
// • Buy volume above yellow MA line = Above average buying
//
// 📉 BEARISH SIGNALS:
// • Sell% > 70% = Strong selling pressure
// • Dark red bars with high delta = Professional selling
// • Sell volume below yellow MA line = Above average selling
//
// ⚠️ WARNING SIGNALS:
// • Price up + Red dominance = Bearish divergence
// • Price down + Green dominance = Bullish divergence
// • Low delta (<10%) = Market indecision
//
// 📊 INFO TABLE (Top-Right):
// • Buy%: Percentage of volume that was buying
// • Sell%: Percentage of volume that was selling
// • Delta%: Strength of dominance (difference between buy/sell)
// • Dom: Which side is currently dominant (BUYERS/SELLERS)
//
// 🟡 YELLOW LINES = Volume Moving Average
// • Upper line: Reference for buy volume (green bars)
// • Lower line: Reference for sell volume (red bars)
// • Above yellow = Higher than average volume
// • Below yellow = Lower than average volume
The Signal - Hunt Bitcoin CoT Buy/SellThe Signal - Hunt Bitcoin CoT Buy/Sell
Why Bother with another CoT signal?
Its different & focused on the Insider's. The Largest 4 Open Interest Seller and the Largest 4 open Interest Longs, plus the distance they are apart, the Delta, what does high percentage of Largest 4 sellers mean with a low 4 OI Buyers. , what when the usually higher Sellers are low and the largest 4 buyers almost the same value , Time to track the insiders Delta..
Performance -
This Indicator provided a
1. Signal 1 = 26th March 2019 = SUPER LONG at $4,500 that saw a near $14,000 run up
2. Signal 2 = 18th & 24th June 2019 = SHORT at the second & final level $11,700 after repeated attempts & failure in the $13K range, the mini Echo Bitcoin Bull of 2019
3. Signal 3 = 17th December 2019 = LONG $6,900, Bitcoin rallied to Mid $10,500's
4. Signal 4 = 18th Feb 2020 = SUPER SHORT from $9,700's to a final extreme Low of $3,000, calling the CV-19 collapse
5. Signal 5 = 17th March 2020 = LONG from $5,400 no closure point yet
6. Signal 6 = 29th June 2020 = SUPER LONG reiterate from $10,700 no closure sell signal yet
7. Signal 7 = 17th May 2020 = LONG another accumulate LONG with no sell signal yet generated at Post H&S's low of $33,000
Note - This indicator only commences March 2019, as Bitcoin futures were a recent introduction and needed to settle for 6 months in both use and data, no signals were meaningful prior & data was light.
What is Provided. - Please note the need to also add the Hunt Bitcoin Historical Volatility Indicator for full understanding.
We provide 3 things with the 3 indicators.
'Insider' indications from Largest players in the futures market.
1. Bitcoin Macro Buy Signals.
a) The Bitcoin Commitment of Traders results see us focus solely on Largest 4 Short Open Interest & Largest 4 Long Open Interest aspects of the CoT Release data.
When the difference - is tight, a kind of pinch, these have been great Buy signals in Bitcoin.
We call this difference the Delta & When Delta is 5% or less Bitcoin is a Buy.
2. Bitcoin Macro Sells.
a) A sell signal is Triggered in Bitcoin at any point the Largest 4 short OI > or = to 70
3. AMPLIFIER Trade signals 'Super' Longs or Shorts -
Extreme low volatility events leads to highly impulsive & volatile subsequent moves, if either of 1 or 2 above occur, combined with extreme low volatility
a 'Super Long' or 'SUPER SELL' is generated. In the case of the short side, given Bitcoins general expansive and MACRO Bull trend since inception, we seek an additional component
that is an extreme differential/Delta reading between 4 biggest Longs & Shorts OI.
Namely CoT Delta also must be > 47.5%
We also have a Cautionary level, where it is not necessarily a good idea to accumulate Bitcon, as a better opportunity lower may avail itself, see conditions below.
So the required logic explicitly stated below for all Signals.
1. Long - Hunt Bitcoin CoT Delta < or = 5
2. SUPER Long - Hunt Bitcoin CoT Delta < or = 5; and 2 Day Historical Bitcoin Volatility = or < 20
3. Short - Largest 4 Sellers OI = or > 70
4. SUPER Short - Largest 4 Sellers OI = or > 70; AND..
Hunt Bitcoin CoT Delta = or > 47.5 AND 2 Day Historical BTC Volatility = or < 20
5. Caution - Largest 4 Sellers OI = or > 67.5 AND Hunt Bitcoin CoT Delta = or > 45
WARNING SEE Notes Below
Note 1 - = Largest 4 Open Interest Shorts
Note 2 - = Largest 4 Open Interest Longs
Note 3 - = Hunt Cot Delta = (Largest 4 sellers OI) -( Largest 4 Buyers OI)
Caution = Avoid new Bitcoin Accumulation Right Now, A sell signal might follow Enter on next Long
Note 4 - The Hunt Bitcoin COT Delta signal is a Largest 'Insider' Tracking tool based on a segment of Commitment of Traders data on Bitcoin Futures, released once a week on a Friday.
It is a Macro Timeframe signal , and should not be used for Day trading and Short Timeframe analysis , Entries may be optimised after a Hunt Bitcoin CoT Signal is generated by separate shorter Timeframe analysis.
Note 5 - The Historical Bitcoin Volatility is an additional 'Amplifier' component to the 'Hunt Bitcoin Cot Delta' Insider Signal
Note 6 - The Historical Bitcoin Volatility criteria varies by timeframe, the above levels are those applying on a Two Day TF Chart, select this custom timeframe in Trading View.
if additional criteria are met for LONG & SHORT insider signals, they may become 'Super Longs/Shorts', see conditions box above.
Multiple (12) Strong Buy/Sell Signals + Momentum
Indicator Manual: "Multiple (12) Strong Buy/Sell Signals + Momentum"
This indicator is designed to identify strong buy and sell signals based on 12 configurable conditions, which include a variety of technical analysis methods such as trend-following indicators, pattern recognition, volume analysis, and momentum oscillators. It allows for customizable alerts and visual cues on the chart. The indicator helps traders spot potential entry and exit points by displaying buy and sell signals based on the selected conditions.
Key Observations:
• The script integrates multiple indicators and pattern recognition methods to provide comprehensive buy/sell signals.
• Trend-based indicators like EMAs and MACD are combined with pattern recognition (flags, triangles) and momentum-based signals (RSI, ADX, and volume analysis).
• User customization is a core feature, allowing adjustments to the conditions and thresholds for more tailored signals.
• The script is designed to be responsive to market conditions, with multiple conditions filtering out noise to generate reliable signals.
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Key Features:
1. 12 Combined Buy/Sell Signal Conditions: This indicator incorporates a diverse set of conditions based on trend analysis, momentum, and price patterns.
2. Minimum Conditions Input: You can adjust the threshold of conditions that need to be met for the buy/sell signals to appear.
3. Alert Customization: Set alert thresholds for both buy and sell signals.
4. Dynamic Visualization: Buy and sell signals are shown as triangles on the chart, with momentum signals highlighted as circles.
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Detailed Description of the 12 Conditions:
1. Exponential Moving Averages (EMA):
o Conditions: The indicator uses EMAs with periods 3, 8, and 13 for quick trend-following signals.
o Bullish Signal: EMA3 > EMA8 > EMA13 (Bullish stack).
o Bearish Signal: EMA3 < EMA8 < EMA13 (Bearish stack).
o Reversal Signal: The crossing over or under of these EMAs can signify trend reversals.
2. MACD (Moving Average Convergence Divergence):
o Fast MACD (2, 7, 3) is used to confirm trends quickly.
o Bullish Signal: When the MACD line crosses above the signal line.
o Bearish Signal: When the MACD line crosses below the signal line.
3. Donchian Channel:
o Tracks the highest high and lowest low over a given period (default 20).
o Breakout Signal: Price breaking above the upper band is bullish; breaking below the lower band is bearish.
4. VWAP (Volume-Weighted Average Price):
o Above VWAP: Bullish condition (price above VWAP).
o Below VWAP: Bearish condition (price below VWAP).
5. EMA Stacking & Reversal:
o Tracks the order of EMAs (3, 8, 13) to confirm strong trends and reversals.
o Bullish Reversal: EMA3 < EMA8 < EMA13 followed by a crossing to bullish.
o Bearish Reversal: EMA3 > EMA8 > EMA13 followed by a crossing to bearish.
6. Bull/Bear Flags:
o Bull Flag: Characterized by a strong price movement (flagpole) followed by a pullback and breakout.
o Bear Flag: Similar to Bull Flag but in the opposite direction.
7. Triangle Patterns (Ascending and Descending):
o Detects ascending and descending triangles using pivot highs and lows.
o Ascending Triangle: Higher lows and flat resistance.
o Descending Triangle: Lower highs and flat support.
8. Volume Sensitivity:
o Identifies price moves with significant volume increases.
o High Volume: When current volume is significantly above the moving average volume (set to 1.2x of the average).
9. Momentum Indicators:
o RSI (Relative Strength Index): Confirms overbought and oversold levels with thresholds set at 65 (overbought) and 35 (oversold).
o ADX (Average Directional Index): Confirms strong trends when ADX > 28.
o Momentum Up: Momentum is upward with strong volume and bullish RSI/ADX conditions.
o Momentum Down: Momentum is downward with strong volume and bearish RSI/ADX conditions.
10. Bollinger & Keltner Squeeze:
o Squeeze Condition: A contraction in both Bollinger Bands and Keltner Channels indicates low volatility, signaling a potential breakout.
o Squeeze Breakout: Price breaking above or below the squeeze bands.
11. 3 Consecutive Candles Condition:
o Bullish: Price rises for three consecutive candles with higher highs and lows.
o Bearish: Price falls for three consecutive candles with lower highs and lows.
12. Williams %R and Stochastic RSI:
o Williams %R: A momentum oscillator with signals when the line crosses certain levels.
o Stochastic RSI: Provides overbought/oversold levels with smoother signals.
o Combined Signals: You can choose whether to require both WPR and StochRSI to signal a buy/sell.
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User Inputs (Inputs Tab):
1. Minimum Conditions for Buy/Sell:
o min_conditions: Number of conditions required to trigger a buy/sell signal on the chart (1 to 12).
o Alert_min_conditions: User-defined alert threshold (how many conditions must be met before an alert is triggered).
2. Donchian Channel Settings:
o Show Donchian: Toggle visibility of the Donchian channel.
o Donchian Length: The length of the Donchian Channel (default 20).
3. Bull/Bear Flag Settings:
o Bull Flag Flagpole Strength: ATR multiplier to define the strength of the flagpole.
o Bull Flag Pullback Length: Length of pullback for the bull flag pattern.
o Bull Flag EMA Length: EMA length used to confirm trend during bull flag pattern.
Similar settings exist for Bear Flag patterns.
4. Momentum Indicators:
o RSI Length: Period for calculating the RSI (default 9).
o RSI Overbought: Overbought threshold for the RSI (default 65).
o RSI Oversold: Oversold threshold for the RSI (default 35).
5. Bollinger/Keltner Squeeze Settings:
o Squeeze Width Threshold: The maximum width of the Bollinger and Keltner Bands for squeeze conditions.
6. Stochastic RSI Settings:
o Stochastic RSI Length: The period for calculating the Stochastic RSI.
7. WPR Settings:
o WPR Length: Period for calculating Williams %R (default 14).
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User Inputs (Style Tab):
1. Signal Plotting:
o Control the display and colors of the buy/sell signals, momentum indicators, and pattern signals on the chart.
o Buy/Sell Signals: Can be customized with different colors and shapes (triangle up for buys, triangle down for sells).
o Momentum Signals: Custom circle placement for momentum-up or momentum-down signals.
2. Donchian Channel:
o Show Donchian: Toggle visibility of the Donchian upper, lower, and middle bands.
o Band Colors: Choose the color for each band (upper, lower, middle).
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How to Use the Indicator:
1. Adjust Minimum Conditions: Set the minimum number of conditions that must be met for a signal to appear. For example, set it to 5 if you want only stronger signals.
2. Set Alert Threshold: Define the number of conditions needed to trigger an alert. This can be different from the minimum conditions for visual signals.
3. Customize Appearance: Modify the colors and styles of the signals to match your preferences.
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Conclusion:
This comprehensive trading indicator uses a combination of trend-following, pattern recognition, and momentum-based conditions to help you spot potential buy and sell opportunities. By adjusting the input settings, you can fine-tune it to match your specific trading strategy, making it a versatile tool for different market conditions.
Signal Reliability Based on Condition Count
The reliability of the buy/sell signals increases as more conditions are met. Here's a breakdown of the probabilities:
1. 1-3 Conditions Met: Lower Probability
o Signals that meet only 1-3 conditions tend to have lower reliability and are considered less probable. These signals may represent false positives or weaker market movements, and traders should approach them with caution.
2. 4 Conditions Met: More Reliable Signal
o When 4 conditions are met, the signal becomes more reliable. This indicates that multiple indicators or market patterns are aligning, increasing the likelihood of a valid buy/sell opportunity. While not foolproof, it's a stronger indication that the market may be moving in a particular direction.
3. 5-6 Conditions Met: Strong Signal
o A signal meeting 5-6 conditions is considered a strong signal. This indicates a well-confirmed move, with several technical indicators and market factors aligning to suggest a higher probability of success. These are the signals that traders often prioritize.
4. 7+ Conditions Met: Rare and High-Confidence Signal
o Signals that meet 7 or more conditions are rare and should be considered high-confidence signals. These represent a significant alignment of multiple factors, and while they are less frequent, they are highly reliable when they do occur. Traders can be more confident in acting on these signals, but they should still monitor market conditions for confirmation.
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You can adjust the number of conditions as needed, but this breakdown should give a clear structure on how the signal strength correlates with the number of conditions met!
The real breakout indicator CCI + Money Flow + Buy / SellComponents of the indicator
1. CCI (Commodity Channel Index)
The CCI component measures the deviation of the price from its statistical average. It is used to identify overbought or oversold conditions and is integrated into the trend logic to determine potential trend reversals. High values may indicate overbought conditions, while low values could signify oversold situations.
Detailed
The CCI (Commodity Channel Index) used in "The Real Breakout Indicator Hawk" is an enhanced version compared to the traditional CCI, offering several advantages:
1. Weighting and Smoothing Mechanism
In this version, the CCI values are weighted and smoothed using custom parameters (c1, c2, c3), which allows for greater flexibility in adjusting the sensitivity of the CCI to market conditions. This smoothing reduces noise and provides clearer signals compared to the standard CCI, which can be prone to whipsaws in volatile markets.
2. Multi-level Calculation
The indicator uses an array-based approach to calculate multiple variations of CCI values (with p as the parameter for different levels of calculation), which is then combined to create a more robust signal. This multi-level approach allows for capturing different market cycles, unlike the traditional CCI that only uses a single period for calculation.
3. Integration with Moving Averages and Trend Detection
Unlike the original CCI, which is often used in isolation, this version integrates with the trend detection logic by combining it with moving averages and money flow. The enhanced CCI contributes to the broader trend analysis, ensuring that buy/sell signals are not just based on CCI overbought/oversold levels but also validated by moving averages and slope calculations.
4. Trend-Weighted CCI
This version adds weight to recent price action trends, making it more adaptive to current market momentum. The CCI values are influenced by recent high and low prices, adding a trend-following aspect that is missing from the original CCI, which treats all price deviations equally.
This image of EURAD shows for example that when CCI component is green a strong trend is detected which can hold for up to 10 days in this example, ideal for swing trades;
EURAUD 2H
5. Improved Overbought/Oversold Detection
The script incorporates a dynamic overbought/oversold detection zone based on the enhanced CCI. It accounts for market volatility, allowing it to adjust its thresholds (such as the 200 level) more effectively in different market environments. This makes the enhanced CCI better suited for varying market conditions compared to the fixed thresholds of the original CCI.
You can see that the red diamond signal is generated at the absolute top of the price range after which price started to reverse, the detection is based on a cross over value together with Money Flow strength
BTCUSDT 2H
6. Strong Buy/Sell Confirmation
The enhanced CCI works in tandem with other components like Money Flow and Moving Averages to confirm buy or sell signals. This cross-validation makes the indicator less reliant on CCI alone and ensures that the signals generated are stronger and less prone to false positives, which is a common issue with the standalone CCI.
The green diamond buy signal in a strong downtrend is mostly a short retrace of price before continuing down further, yo can use this as an entry signal after the bounce up into an FVG for example. However when price is at a support, meaning price is not moving down further and this occurs this could be a potential reversal signal as shown on the right side on the chart below. FVG is not respected, retested and price continues up.
BTCUSDT 2H
Summary:
In summary, the enhanced CCI in this indicator improves over the original CCI by providing better noise reduction, multi-level analysis, trend integration, and adaptability to different market conditions. These improvements lead to more reliable and actionable trading signals.
2. Money Flow (MF) www.tradingview.com
The Money Flow component tracks the flow of capital in and out of an asset. Positive values indicate strong buying pressure, while negative values show selling pressure. This is smoothed to avoid noise and is used to confirm strong buy or sell conditions.
The Money Flow (MF) in "The Real Breakout Indicator Hawk" measures the flow of capital into or out of an asset, helping to assess the underlying buying or selling pressure in the market.
1. Positive Money Flow (Buying Pressure)
When the MF is positive, it indicates that more money is flowing into the asset, which suggests strong buying interest. This helps confirm that a price increase or breakout to the upside is supported by demand.
2. Negative Money Flow (Selling Pressure)
A negative MF indicates that capital is leaving the asset, reflecting selling pressure. This is a sign that the market is under bearish conditions, and prices are likely to decline or break down.
3. Confirmation of Buy and Sell Signals
The MF is used to confirm buy and sell signals generated by other components of the indicator. When the MF aligns with other bullish signals, it strengthens the buy condition, and similarly, when the MF shows strong selling pressure, it reinforces a sell signal.
4. Filtering Noise
The MF is smoothed to filter out noise, ensuring that only significant movements in buying or selling pressure are considered. This helps avoid false signals and makes the MF a reliable tool for detecting true market strength.
5. Range Sensitivity
The MF operates within defined ranges, ensuring that buy or sell signals are only triggered when the flow of money is strong enough, adding precision to signal generation.
In summary, the Money Flow component is crucial for validating market direction, enhancing signal reliability, and helping traders make more informed decisions based on the underlying capital movement in the market.
3. Moving Averages (MA)
Multiple types of moving averages (SMA, EMA, HMA, etc.) are used to smooth price action and highlight the trend direction. The script supports different types of moving averages, and their slopes are calculated to assist in identifying changes in trend momentum.
The Moving Averages (MA) section of "The Real Breakout Indicator Hawk" plays a critical role in smoothing price data, identifying trends, and generating buy/sell signals. Here’s a breakdown of what it does and how you can use it effectively without diving into the script:
1. Moving Average Types
This section allows the user to choose from different types of moving averages, each with unique characteristics:
SMA (Simple Moving Average): Takes the average of closing prices over a specific period. It’s slower and better suited for detecting long-term trends.
EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new price action and suitable for short-term trading.
HMA (Hull Moving Average): A smoother and faster moving average, useful for reducing lag in fast-moving markets.
LVMA (Linear Weighted Moving Average): Places the most weight on recent prices, making it even more responsive than EMA.
Alma (Arnaud Legoux Moving Average): A smoother version that reduces noise while maintaining responsiveness to recent price action.
2. Smoothing and Trend Detection
The moving average smooths out price data to remove small fluctuations and focuses on the overall trend. When prices are trading above the moving average, it suggests that the market is in an uptrend. When prices are below the moving average, it indicates a downtrend.
3. Trend Confirmation
The moving average serves as a confirmation tool. When the price crosses above the moving average, it could signal the start of a bullish trend, and when the price crosses below, it may indicate the beginning of a bearish trend.
4. Buy and Sell Signals
Buy Signal: The system detects a buy signal when:
The moving average crosses above 0, indicating a potential upward momentum.
Other indicators like Money Flow and CCI align to confirm the trend.
Sell Signal: A sell signal is triggered when:
The moving average crosses below 0, signaling a potential downtrend.
This signal is further validated by other components such as Money Flow and CCI to reduce false signals.
5. Using Moving Averages in Trading
Crossover Strategy: One of the simplest ways to use moving averages is by employing a crossover strategy. For instance:
When the shorter-term moving average (e.g., 20-period) crosses above a longer-term moving average (e.g., 50-period), this is a bullish crossover, indicating a buy signal.
Conversely, when the shorter-term moving average crosses below the longer-term moving average, this is a bearish crossover, indicating a sell signal.
Trend Following: If you’re trading with the trend, you can use a moving average to stay in the trade as long as the price remains above (for long positions) or below (for short positions) the moving average.
Support and Resistance: Moving averages can also act as dynamic support or resistance levels. For example, in an uptrend, the CCI might bounce off the moving average, offering a good entry point for a long position. In a downtrend, the moving average could act as resistance where prices may reverse, offering a shorting opportunity.
To use the MA section effectively:
Choose the right type of moving average based on your trading style (e.g., use EMA for faster response or SMA for long-term trends).
Watch for crossovers as buy/sell signals, especially in combination with other indicators.
Follow the trend by observing whether the price is above or below the moving average.
Use the moving average as a dynamic support/resistance level to find optimal entry/exit points.
This approach makes the moving average a versatile tool for identifying trends, refining entry and exit points, and confirming overall market direction.
an example when MA crosses below 0, keep in mind that when it it starts curving up and turning green there is a reversal brewing, this could take time...
BTCUSDT 2H
4. Buy Signals
Buy signals are generated when the moving average crosses up, and the Money Flow and other trend-based conditions are met, including CCI levels confirming the strength of the breakout. Additionally, slope calculations and other momentum indicators provide extra confirmation for entries.
5. Sell Signals
Sell signals occur when the moving average crosses down, combined with negative Money Flow, confirming downward pressure. Other trend-based conditions, including the CCI, must also align to validate the signal, and slope calculations ensure that momentum is on the sell side.
6. Slope and Trend Detection
The script includes calculations for the slope of price action over a lookback period to measure trend strength and direction. The slope is normalized to help identify when the market is gaining or losing momentum. This slope is used in conjunction with the moving averages and Money Flow to give more accurate trend signals.
The Slope and Trend Detection component in "The Real Breakout Indicator Hawk" is designed to measure the direction and strength of the market’s trend by calculating the slope of the price action over a specific period. This helps to identify whether the market is gaining or losing momentum, and it is a key element in refining buy/sell signals.
Here’s how the Slope and Trend Detection works and how you can use it effectively without diving into the script:
1. Slope Calculation
Slope is essentially the rate of change of the moving average (or price) over a given number of bars. It measures how steeply the price is moving up or down.
The script calculates the slope by measuring the difference between the moving average over a defined number of bars (e.g., 12 bars in this case). A larger slope indicates a stronger trend, while a smaller slope suggests a weaker or consolidating trend.
2. Normalized Slope
The slope is normalized, meaning it is adjusted to fall within a range that makes it easier to compare across different time frames and markets. This normalization helps to gauge whether the slope is strong or weak relative to historical data.
Positive slopes (above 0) indicate an uptrend or rising price momentum, while negative slopes (below 0) indicate a downtrend or falling price momentum.
3. Trend Detection
The slope of the moving average is used to detect the current trend:
If the slope is positive, the market is in an uptrend.
If the slope is negative, the market is in a downtrend.
The stronger the slope (the steeper it is), the stronger the trend. A small slope indicates a weak trend or consolidation.
4. Slope Thresholds
The system uses thresholds to determine the significance of the slope. These thresholds are set as upper and lower bounds:
Upper Threshold: If the slope exceeds this threshold, the trend is considered strong, and it could trigger a buy signal.
Lower Threshold: If the slope falls below this threshold (into the negative range), it indicates a strong downtrend, and it could trigger a sell signal.
These thresholds help filter out weak or false signals that occur in sideways or low-momentum markets.
5. Positive and Negative Slope Arrays
The system keeps track of both positive and negative slopes over a defined lookback period (e.g., 500 bars). By storing these values, it creates a historical context that helps to assess the current slope in relation to past price movements.
It calculates the standard deviation and the average of these slopes to dynamically adjust the thresholds for each market condition, making the trend detection more adaptive to different types of assets or market phases.
6. Using Slope and Trend Detection in Trading
Buy Signal with Positive Slope: When the slope is positive and exceeds a certain threshold, it confirms that the market is in a strong uptrend. This can be used as a signal to enter a long position or add to existing long trades.
Sell Signal with Negative Slope: When the slope turns negative and falls below the lower threshold, it signals a strong downtrend, indicating a potential short-selling opportunity or the time to exit long positions.
Avoiding Flat Markets: If the slope remains close to zero (neither strongly positive nor negative), it suggests a lack of clear trend or a consolidating market. In these conditions, it might be better to avoid taking new trades or use additional filters to confirm signals.
7. Slope-Based Trend Strength Indicator
You can also use the slope as a measure of trend strength:
Strong Trend: When the slope is steep (either positive or negative), it indicates strong momentum, and you can be more confident in holding a trade in that direction.
Weak Trend or Consolidation: When the slope is flat, it indicates weak price momentum, which may signal a period of consolidation or indecision in the market.
8. Visual Representation
The slope is often visually represented as a gradient or line that fluctuates around a central point (usually zero). Positive values are shown in one color (e.g., green for an uptrend), while negative values are shown in another color (e.g., red for a downtrend). This allows traders to quickly identify the current trend direction and its strength.
Summary:
To use Slope and Trend Detection effectively:
Monitor the slope to determine the trend direction (positive = uptrend, negative = downtrend).
Look for thresholds to identify strong trends. For instance, a steep positive slope signals a strong uptrend, while a steep negative slope signals a strong downtrend.
Use slope changes to confirm buy/sell signals. For example, if you receive a buy signal and the slope is positive and increasing, it confirms that momentum is behind the trade.
Avoid low-slope periods when the slope is close to zero, indicating a lack of trend or sideways market conditions.
This approach helps traders stay on the right side of the trend while avoiding periods of low momentum, enhancing the accuracy of trade signals.
7. Banker Fund Flow Trend
This component identifies potential large institutional moves by tracking specific patterns in price and volume data. When the institutional or "banker" entry or exit conditions are met, it highlights these moments with candles and generates alerts.
The Banker Fund Flow Trend in "The Real Breakout Indicator Hawk" helps detect the flow of institutional (or "smart money") into and out of the market by tracking price trends and large player activity. It uses red and yellow candles to signal when institutional money is influencing the market.
Key Points:
Yellow Candles (Banker Entry):
A yellow candle is plotted when institutional money starts flowing into the market.
This signals a potential buy opportunity, as large market players are likely pushing prices upward.
Red Candles (Banker Exit):
A red candle appears when institutional money starts exiting the market.
This is a signal to consider selling or exiting long positions, as institutional selling could drive prices lower.
Usage:
Yellow candles: Use these as signals to enter long trades or add to existing positions, confirming upward momentum driven by institutional buyers.
Red candles: Treat these as signals to exit long trades or consider short positions, as institutional selling may lead to further downside.
BTCUSDT 2H
The yellow and red candles provide clear, actionable signals for aligning trades with institutional flows, ensuring you’re following the "smart money."
8. Dynamic Buy/Sell Calculations
A dynamic component is designed to refine the buy and sell signals further based on additional conditions like price patterns, volatility, and Money Flow. This ensures that signals are more responsive to changing market conditions.
The Dynamic Buy/Sell Calculations in "The Real Breakout Indicator Hawk" are designed to refine entry and exit points for trades by using additional conditions beyond simple crossovers. These calculations adapt to the current market conditions, making them more responsive to changes in volatility, trend strength, and momentum.
Key Features:
Dynamic Buy Calculation:
The indicator generates a buy signal when multiple conditions align. These conditions include the money flow (MF) being within a favorable range, the moving average (MA) confirming upward momentum, and the CCI and other trend components indicating strength.
This makes the buy signal more reliable, as it considers multiple aspects of market behavior (price, momentum, and money flow) to avoid false entries.
Dynamic Sell Calculation:
Similarly, the sell signal is triggered when the dynamic conditions indicate downward momentum.
This includes:
The moving average crossing down.
Negative money flow, suggesting selling pressure.
Other trend signals confirming a bearish move.
The dynamic nature of these conditions ensures that sell signals are only generated when there’s a high probability of continued downside movement.
Adaptive to Market Conditions:
The dynamic nature of these calculations means that the buy/sell signals adapt to market changes, like volatility spikes or sudden trend reversals. Instead of relying on static conditions, the system adjusts to current price movements and volatility.
Avoiding Noise:
By adding multiple filters like MF thresholds, slope, and moving averages, the dynamic calculations help reduce false signals that occur in noisy, sideways markets. This helps traders avoid entering trades during periods of low momentum or unclear trends.
How to Use:
Buy Signals: Use these signals to enter long trades when the dynamic conditions align, confirming that upward momentum is strong and backed by institutional flows.
BTCUSDT 2H
Aqua marker/cross signals (price manipulation/continuation)
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Sell Signals: Use the sell signals to exit long positions or enter short trades when the market shows signs of bearish momentum, confirmed by multiple conditions like MA crossovers and negative money flow.
BTCUSDT 2H
In summary, the Dynamic Buy/Sell Calculations provide a more sophisticated approach to generating trade signals by combining various trend and momentum indicators, helping traders make more informed decisions in different market conditions.
This part of the code is identifying two key trading signals: moments to buy and moments to sell based on the behavior of a calculated trend line.
Buy Condition:
The system looks for a situation where the trend has been moving downward but has started to reverse upward. Specifically, it checks if the trend was declining a little while ago, then stopped falling, and is now starting to rise. If these conditions are met and the trend is still below a certain level, the system considers this a possible time to buy.
Sell Condition:
The opposite happens for selling. The system monitors for a situation where the trend has been moving upward but starts to turn downward. It checks if the trend was rising, leveled off, and now seems to be starting to fall. If these conditions are met and the trend is above a certain level, this could indicate a good time to sell.
Visual Markers:
To help the user easily see these signals on a chart, the system places symbols at specific points. A marker appears on the chart where the conditions for buying or selling are met, allowing the trader to quickly spot potential entry or exit points in the market.
In summary, this logic is designed to detect possible changes in trend direction and signal appropriate times to consider buying or selling, with clear visual markers on the chart for quick identification.
9. Alerts for Buy and Sell
The indicator provides built-in alert conditions for both buy and sell signals. When these conditions are met, the system generates alerts, making it suitable for automated monitoring.
Each of these components works together to detect potential breakout opportunities, trend continuations, and reversals, making the indicator suitable for both short-term and long-term trading strategies.
Stoch RSI and RSI Buy/Sell Signals with MACD Trend FilterDescription of the Indicator
This Pine Script is designed to provide traders with buy and sell signals based on the combination of Stochastic RSI, RSI, and MACD indicators, enhanced by the confirmation of candle colors. The primary goal is to facilitate informed trading decisions in various market conditions by utilizing different indicators and their interactions. The script allows customization of various parameters, providing flexibility for traders to adapt it to their specific trading styles.
Usefulness
This indicator is not just a mashup of existing indicators; it integrates the functionality of multiple momentum and trend-detection methods into a cohesive trading tool. The combination of Stochastic RSI, RSI, and MACD offers a well-rounded approach to analyzing market conditions, allowing traders to identify entry and exit points effectively. The inclusion of color-coded signals (strong vs. weak) further enhances its utility by providing visual cues about the strength of the signals.
How to Use This Indicator
Input Settings: Adjust the parameters for the Stochastic RSI, RSI, and MACD to fit your trading style. Set the overbought/oversold levels according to your risk tolerance.
Signal Colors:
Strong Buy Signal: Indicated by a green label and confirmed by a green candle (close > open).
Weak Buy Signal: Indicated by a blue label and confirmed by a green candle (close > open).
Strong Sell Signal: Indicated by a red label and confirmed by a red candle (close < open).
Weak Sell Signal: Indicated by an orange label and confirmed by a red candle (close < open).
Example Trading Strategy Using This Indicator
To effectively use this indicator as part of your trading strategy, follow these detailed steps:
Setup:
Timeframe : Select a timeframe that aligns with your trading style (e.g., 15-minute for intraday, 1-hour for swing trading, or daily for longer-term positions).
Indicator Settings : Customize the Stochastic RSI, RSI, and MACD parameters to suit your trading approach. Adjust overbought/oversold levels to match your risk tolerance.
Strategy:
1. Strong Buy Entry Criteria :
Wait for a strong buy signal (green label) when the RSI is at or below the oversold level (e.g., ≤ 35), indicating a deeply oversold market. Confirm that the MACD shows a decreasing trend (bearish momentum weakening) to validate a potential reversal. Ensure the current candle is green (close > open) if candle color confirmation is enabled.
Example Use : On a 1-hour chart, if the RSI drops below 35, MACD shows three consecutive bars of decreasing negative momentum, and a green candle forms, enter a buy position. This setup signals a robust entry with strong momentum backing it.
2. Weak Buy Entry Criteria :
Monitor for weak buy signals (blue label) when RSI is above the oversold level but still below the neutral (e.g., between 36 and 50). This indicates a market recovering from an oversold state but not fully reversing yet. These signals can be used for early entries with additional confirmations, such as support levels or higher timeframe trends.
Example Use : On the same 1-hour chart, if RSI is at 45, the MACD shows momentum stabilizing (not necessarily negative), and a green candle appears, consider a partial or cautious entry. Use this as an early warning for a potential bullish move, especially when higher timeframe indicators align.
3. Strong Sell Entry Criteria :
Look for a strong sell signal (red label) when RSI is at or above the overbought level (e.g., ≥ 65), signaling a strong overbought condition. The MACD should show three consecutive bars of increasing positive momentum to indicate that the bullish trend is weakening. Ensure the current candle is red (close < open) if candle color confirmation is enabled.
Example Use : If RSI reaches 70, MACD shows increasing momentum that starts to level off, and a red candle forms on a 1-hour chart, initiate a short position with a stop loss set above recent resistance. This is a high-confidence signal for potential price reversal or pullback.
4. Weak Sell Entry Criteria :
Use weak sell signals (orange label) when RSI is between the neutral and overbought levels (e.g., between 50 and 64). These can indicate potential short opportunities that might not yet be fully mature but are worth monitoring. Look for other confirmations like resistance levels or trendline touches to strengthen the signal.
Example Use : If RSI reads 60 on a 1-hour chart, and the MACD shows slight positive momentum with signs of slowing down, place a cautious sell position or scale out of existing long positions. This setup allows you to prepare for a possible downtrend.
Trade Management:
Stop Loss : For buy trades, place stop losses below recent swing lows. For sell trades, set stops above recent swing highs to manage risk effectively.
Take Profit : Target nearby resistance or support levels, apply risk-to-reward ratios (e.g., 1:2), or use trailing stops to lock in profits as price moves in your favor.
Confirmation : Align these signals with broader trends on higher timeframes. For example, if you receive a weak buy signal on a 15-minute chart, check the 1-hour or daily chart to ensure the overall trend is not bearish.
Real-World Example: Imagine trading on a 15-minute chart :
For a buy:
A strong buy signal (green) appears when the RSI dips to 32, MACD shows declining bearish momentum, and a green candle forms. Enter a buy position with a stop loss below the most recent support level.
Alternatively, a weak buy signal (blue) appears when RSI is at 47. Use this as a signal to start monitoring the market closely or enter a smaller position if other indicators (like support and volume analysis) align.
For a sell:
A strong sell signal (red) with RSI at 72 and a red candle signals to short with conviction. Place your stop loss just above the last peak.
A weak sell signal (orange) with RSI at 62 might prompt caution but can still be acted on if confirmed by declining volume or touching a resistance level.
These strategies show how to blend both strong and weak signals into your trading for more nuanced decision-making.
Technical Analysis of the Code
1. Stochastic RSI Calculation:
The script calculates the Stochastic RSI (stochRsiK) using the RSI as input and smooths it with a moving average (stochRsiD).
Code Explanation : ta.stoch(rsi, rsi, rsi, stochLength) computes the Stochastic RSI, and ta.sma(stochRsiK, stochSmoothing) applies smoothing.
2. RSI Calculation :
The RSI is computed over a user-defined period and checks for overbought or oversold conditions.
Code Explanation : rsi = ta.rsi(close, rsiLength) calculates RSI values.
3. MACD Trend Filter :
MACD is calculated with fast, slow, and signal lengths, identifying trends via three consecutive bars moving in the same direction.
Code Explanation : = ta.macd(close, macdLengthFast, macdLengthSlow, macdSignalLength) sets MACD values. Conditions like macdLine < macdLine confirm trends.
4. Buy and Sell Conditions :
The script checks Stochastic RSI, RSI, and MACD values to set buy/sell flags. Candle color filters further confirm valid entries.
Code Explanation : buyConditionMet and sellConditionMet logically check all conditions and toggles (enableStochCondition, enableRSICondition, etc.).
5. Signal Flags and Confirmation :
Flags track when conditions are met and ensure signals only appear on appropriate candle colors.
Code Explanation : Conditional blocks (if statements) update buyFlag and sellFlag.
6. Labels and Alerts :
The indicator plots "BUY" or "SELL" labels with the RSI value when signals trigger and sets alerts through alertcondition().
Code Explanation : label.new() displays the signal, color-coded for strength based on RSI.
NOTE : All strategies can be enabled or disabled in the settings, allowing traders to customize the indicator to their preferences and trading styles.
