Macias Golden ZoneThe Macias Golden Zone indicator automatically detects the most recent pivot leg and draws the key Fibonacci retracement band between 0.618 – 0.790, with the 0.706 midline highlighted.
🔑 Features:
• Auto-detects swing legs from pivot highs/lows
• Shaded Golden Zone for easy visualization of prime reaction areas
• Optional 0.706 midline for sniper entries
• Optional 0.079 retrace line for deeper confluence
• Works with wicks (High/Low) or closes
📈 Use it to identify high-probability pullback zones where price often reacts during trending moves.
⚠️ This tool is for educational purposes only. Not financial advice. Always manage risk.
From Christopher Macias and the Golden zone family
Cerca negli script per "GOLD"
QTrade Golden, Bronze & Death, Bubonic Cross AlertsThis indicator highlights key EMA regime shifts with simple, color-coded triangles:
- Golden / Death Cross — 50 EMA crossing above/below the 200 EMA.
- Bronze / Bubonic Cross — 50 EMA crossing above/below the 100 EMA.
- Early-Warning Proxy — tiny triangles for the 4 EMA vs. 200 EMA (4↑200 and 4↓200). These often fire before the 50/100 and 50/200 crosses.
No text clutter on the chart—just triangles. Colors: gold (50↑200), red (50↓200), darker-yellow bronze (50↑100), burgundy (50↓100), turquoise (4↑200), purple (4↓200).
What it tells you (in order of warning → confirmation)
- First warning: 4 EMA crosses the 200 EMA (proxy for price shifting around the 200 line).
- Second warning: 50 EMA crosses the 100 EMA (Bronze/Bubonic).
- Confirmation: 50 EMA crosses the 200 EMA (Golden/Death).
Alerts included
- Golden Cross (50↑200) and Death Cross (50↓200)
- Bronze Cross (50↑100) and Bubonic Cross (50↓100)
- 4 EMA vs. 200 EMA crosses (up & down) — early-warning proxy
- Price–100 EMA events (touch/cross, if enabled in settings)
Trend ChannelThis Trend Channel is designed to simplify how traders view trends, while also keeping track of potential shifts in trends with signals. It is designed for traders that prefer less over more.
The indicator can be used for trend following, trend reversals and confirmation in combination with price or other indicators.
At the core is one EMA and a smoothed volatility based channel around it.
The purpose of the channel is to avoid false signals on trend reclaim or trend loss and instead identify trend deviations.
The indicator also incorporates long and short EMA cross-over signals to recognize possible shifts in trend without having to overlay multiple EMAs and keep the chart cleaner.
Additionally the indicator fires warnings for potential false signals on golden/death crosses with a letter "W" above/below the signal candle. Those warnings are based on the distance between price and the crossover. When the distance is above a certain threshold the indicator fires a warning that price might mean revert.
Traders can customize all inputs in the settings.
EMA Cross Suite (8/20/50/200) GOLDEN/DEATH by Carlos Chavez📜 Short Description (max 160 characters)
“Advanced EMA crossover system with FAST, MID, GOLDEN, and DEATH signals. Includes alerts, optimized visuals, and full customization.”
📄 Full Description (Paste in the box)
📌 Overview
The Embilletados • EMA Cross Suite is a professional trading indicator designed for intraday traders, scalpers, and swing traders.
It provides clear crossover signals using 4 EMAs combined with optimized visualization and built-in alerts to help you catch opportunities faster.
✨ Key Features:
🔹 4 configurable EMAs → 8, 20, 50, and 200.
🔹 Instant visual signals with colored labels:
FAST CROSS (8/20) → Quick momentum shifts.
MID CROSS (20/50) → Trend confirmation signals.
GOLDEN CROSS (50/200) → Strong bullish trend signals.
DEATH CROSS (50/200) → Strong bearish trend signals.
🔹 Built-in alerts → Get notified instantly for all crossover events.
🔹 Optimized visualization → Clean and easy-to-read interface.
🔹 Highly customizable → Enable/disable signals, labels, colors, and alerts according to your strategy.
📊 Recommended Timeframes:
10-minute charts → Best for intraday setups.
1-hour charts → Ideal for swing trading and trend confirmation.
🚀 How to Use:
Add the indicator to your chart.
Set up alerts for the desired crossovers: FAST, MID, GOLDEN, or DEATH.
Trade confidently using clear visual confirmations and real-time notifications.
🌟 Perfect for:
✅ Intraday traders
✅ Scalpers
✅ Swing traders
✅ Trend-following strategies
ORB with Golden Zone FIB targets, Any Timeframe by TenAMTraderDescription:
This indicator is designed to help traders identify key price levels using Fibonacci extensions and retracements based on the Opening Range Breakout (ORB). The levels are visualized as “Golden Zones”, which can serve as potential targets for trades.
Features:
Customizable ORB Timeframe: By default, the ORB is set from 9:30 AM to 9:45 AM EST, but any timeframe can be configured in the settings to fit your trading style.
Golden Zones as Targets: Fibonacci levels are intended to be used as potential profit-taking zones or areas to monitor for reversals, providing a structured framework for intraday and swing trading.
Adjustable Chart Settings: Color-coded levels make it easy to interpret at a glance, and all lines can be customized for personal preference.
Versatile Application: The indicator works across any timeframe, enabling traders to analyze both intraday and multi-day price action.
How to Use:
Ensure Regular Trading Hours (RTH) is enabled on your chart for accurate level calculation.
Observe price action near Golden Zones: a confirmed breakout may indicate continuation, while a pullback could signal a reversal opportunity.
Use the Golden Zones as reference targets for managing risk and planning exits.
Adjust the ORB timeframe and display settings to match your preferred trading style.
Legal Disclosure:
This indicator is provided for educational purposes only and is not financial advice. Trading carries a substantial risk of loss. Users should always perform their own analysis and consult a licensed financial professional before making any trading decisions. Past performance is not indicative of future results.
Multi SMA + Golden/Death + Heatmap + BB**Multi SMA (50/100/200) + Golden/Death + Candle Heatmap + BB**
A practical trend toolkit that blends classic 50/100/200 SMAs with clear crossover labels, special 🚀 Golden / 💀 Death Cross markers, and a readable candle heatmap based on a dynamic regression midline and volatility bands. Optional Bollinger Bands are included for context.
* See trend direction at a glance with SMAs.
* Get minimal, de-cluttered labels on important crosses (50↔100, 50↔200, 100↔200).
* Highlight big regime shifts with special Golden/Death tags.
* Read momentum and volatility with the candle heatmap.
* Add Bollinger Bands if you want classic mean-reversion context.
Designed to be lightweight, non-repainting on confirmed bars, and flexible across timeframes.
# What This Indicator Does (plain English)
* **Tracks trend** using **SMA 50/100/200** and lets you optionally compute each SMA on a higher or different timeframe (HTF-safe, no lookahead).
* **Prints labels** when SMAs cross each other (up or down). You can force signals only after bar close to avoid repaint.
* **Marks Golden/Death Crosses** (50 over/under 200) with special labels so major regime changes stand out.
* **Colors candles** with a **heatmap** built from a regression midline and volatility bands—greenish above, reddish below, with a smooth gradient.
* **Optionally shows Bollinger Bands** (basis SMA + stdev bands) and fills the area between them.
* **Includes alert conditions** for Golden and Death Cross so you can automate notifications.
---
# Settings — Simple Explanations
## Source
* **Source**: Price source used to calculate SMAs and Bollinger basis. Default: `close`.
## SMA 50
* **Show 50**: Turn the SMA(50) line on/off.
* **Length 50**: How many bars to average. Lower = faster but noisier.
* **Color 50** / **Width 50**: Visual style.
* **Timeframe 50**: Optional alternate timeframe for SMA(50). Leave empty to use the chart timeframe.
## SMA 100
* **Show 100**: Turn the SMA(100) line on/off.
* **Length 100**: Bars used for the mid-term trend.
* **Color 100** / **Width 100**: Visual style.
* **Timeframe 100**: Optional alternate timeframe for SMA(100).
## SMA 200
* **Show 200**: Turn the SMA(200) line on/off.
* **Length 200**: Bars used for the long-term trend.
* **Color 200** / **Width 200**: Visual style.
* **Timeframe 200**: Optional alternate timeframe for SMA(200).
## Signals (crossover labels)
* **Show crossover signals**: Prints triangle labels on SMA crosses (50↔100, 50↔200, 100↔200).
* **Wait for bar close (confirmed)**: If ON, signals only appear after the candle closes (reduces repaint).
* **Min bars between same-pair signals**: Minimum spacing to avoid duplicate labels from the same SMA pair too often.
* **Trend filter (buy: 50>100>200, sell: 50<100<200)**: Only show bullish labels when SMAs are stacked bullish (50 above 100 above 200), and only show bearish labels when stacked bearish.
### Label Offset
* **Offset mode**: Choose how to push labels away from price:
* **Percent**: Offset is a % of price.
* **ATR x**: Offset is ATR(14) × multiplier.
* **Percent of price (%)**: Used when mode = Percent.
* **ATR multiplier (for ‘ATR x’)**: Used when mode = ATR x.
### Label Colors
* **Bull color** / **Bear color**: Background of triangle labels.
* **Bull label text color** / **Bear label text color**: Text color inside the triangles.
## Golden / Death Cross
* **Show 🚀 Golden Cross (50↑200)**: Show a special “Golden” label when SMA50 crosses above SMA200.
* **Golden label color** / **Golden text color**: Styling for Golden label.
* **Show 💀 Death Cross (50↓200)**: Show a special “Death” label when SMA50 crosses below SMA200.
* **Death label color** / **Death text color**: Styling for Death label.
## Candle Heatmap
* **Enable heatmap candle colors**: Turns the heatmap on/off.
* **Length**: Lookback for the regression midline and volatility measure.
* **Deviation Multiplier**: Band width around the midline (bigger = wider).
* **Volatility basis**:
* **RMA Range** (smoothed high-low range)
* **Stdev** (standard deviation of close)
* **Upper/Middle/Lower color**: Gradient colors for the heatmap.
* **Heatmap transparency (0..100)**: 0 = solid, 100 = invisible.
* **Force override base candles**: Repaint base candles so heatmap stays visible even if your chart has custom coloring.
## Bollinger Bands (optional)
* **Show Bollinger Bands**: Toggle the overlay on/off.
* **Length**: Basis SMA length.
* **StdDev Multiplier**: Distance of bands from the basis in standard deviations.
* **Basis color** / **Band color**: Line colors for basis and bands.
* **Bands fill transparency**: Opacity of the fill between upper/lower bands.
---
# Features & How It Works
## 1) HTF-Safe SMAs
Each SMA can be calculated on the chart timeframe or a higher/different timeframe you choose. The script pulls HTF values **without lookahead** (non-repainting on confirmed bars).
## 2) Crossover Labels (Three Pairs)
* **50↔100**, **50↔200**, **100↔200**:
* **Triangle Up** label when the first SMA crosses **above** the second.
* **Triangle Down** label when it crosses **below**.
* Optional **Trend Filter** ensures only signals aligned with the overall stack (50>100>200 for bullish, 50<100<200 for bearish).
* **Debounce** spacing avoids repeated labels for the same pair too close together.
## 3) Golden / Death Cross Highlights
* **🚀 Golden Cross**: SMA50 crosses **above** SMA200 (often a longer-term bullish regime shift).
* **💀 Death Cross**: SMA50 crosses **below** SMA200 (often a longer-term bearish regime shift).
* Separate styling so they stand out from regular cross labels.
## 4) Candle Heatmap
* Builds a **regression midline** with **volatility bands**; colors candles by their position inside that channel.
* Smooth gradient: lower side → reddish, mid → yellowish, upper side → greenish.
* Helps you see momentum and “where price sits” relative to a dynamic channel.
## 5) Bollinger Bands (Optional)
* Classic **basis SMA** ± **StdDev** bands.
* Light visual context for mean-reversion and volatility expansion.
## 6) Alerts
* **Golden Cross**: `🚀 GOLDEN CROSS: SMA 50 crossed ABOVE SMA 200`
* **Death Cross**: `💀 DEATH CROSS: SMA 50 crossed BELOW SMA 200`
Add these to your alerts to get notified automatically.
---
# Tips & Notes
* For fewer false positives, keep **“Wait for bar close”** ON, especially on lower timeframes.
* Use the **Trend Filter** to align signals with the broader stack and cut noise.
* For HTF context, set **Timeframe 50/100/200** to higher frames (e.g., H1/H4/D) while you trade on a lower frame.
* Heatmap “Length” and “Deviation Multiplier” control smoothness and channel width—tune for your asset’s volatility.
CGPT Golden Cross / Death Cross AlertThis custom indicator identifies Golden Cross (Gx) and Death Cross (Dx) events using either EMA or SMA moving averages. A Golden Cross occurs when a short-term MA (e.g., 50) crosses above a long-term MA (e.g., 200), signaling potential bullish momentum. A Death Cross signals potential bearish momentum, with the short-term MA crossing below the long-term MA.
It includes:
📈 Customizable MA types (EMA or SMA)
⚙️ Adjustable fast & slow MA lengths
🟢🔴 Chart labels for Gx (green) and Dx (red)
🎯 Background highlights for visual trend shifts
🔔 Built-in alert conditions for real-time notifications
Ideal for crypto, stocks, or forex swing and trend trading
THF Crossover and Trend Signals Golden & Death Cross with VolumeScript Overview:
This Pine Script is designed to assist traders in identifying key buy/sell signals and major trend changes on the chart using Exponential Moving Averages (EMA) and Simple Moving Averages (SMA), as well as visualizing Golden Cross and Death Cross events. The script also includes a volume indicator to highlight the volume trading activity in relation to the price movements.
Key Features:
1. Moving Averages:
EMA 21: Exponential Moving Average over a 21-period, shown in green.
EMA 50: Exponential Moving Average over a 50-period, shown in yellow.
SMA 50: Simple Moving Average over a 50-period, shown in red.
SMA 200: Simple Moving Average over a 200-period, shown in blue.
2. Signals:
Buy Signal: Generated when EMA 21 crosses above SMA 50, indicating a potential upward trend. Displayed with a green label below the price bar.
Sell Signal: Generated when EMA 21 crosses below SMA 50, indicating a potential downward trend. Displayed with a red label above the price bar.
3. Golden Cross (Bullish Trend):
A Golden Cross occurs when EMA 50 crosses above SMA 200, which often signals the start of a long-term upward trend. The signal is displayed with a yellow label below the price bar.
4. Death Cross (Bearish Trend):
A Death Cross occurs when EMA 50 crosses below SMA 200, which often signals the start of a long-term downward trend. The signal is displayed with a blue label above the price bar.
5. Volume Indicator:
The volume is plotted as colored columns. Green indicates higher volume than the 20-period moving average, and red indicates lower volume.
A Volume Moving Average (SMA 20) is also plotted to compare volume changes over time.
How the Script Works:
1. The EMA and SMA lines are plotted on the chart, providing a visual representation of the short- and long-term trends.
2. Buy/Sell signals are triggered based on the crossover between EMA 21 and SMA 50, helping to identify potential entry and exit points.
3. The Golden Cross and Death Cross indicators highlight major trend reversals based on the crossover between EMA 50 and SMA 200, providing clear visual cues for long-term trend changes.
4. Volume is displayed alongside price movements, offering insight into the strength or weakness of a trend.
Key Customizations:
Moving Average Periods: Users can modify the lengths of the EMAs and SMAs for customized analysis.
Volume Moving Average Period: The script allows for adjustment of the volume moving average period to suit different market conditions.
Signal Visibility: The size and color of the buy, sell, Golden Cross, and Death Cross signals can be easily customized to make them more prominent on the chart.
Conclusion:
This script is ideal for traders looking to combine price action with volume analysis, using key technical indicators such as EMA, SMA, Golden Cross, and Death Cross to make informed decisions in trending markets.
---
This explanation covers all aspects of the script and provides a clear understanding of its functionality, which is helpful for sharing the script or using it as an educational resource.
Auto Intelligence Selective Moving Average(AI/MA)# 🤖 Auto Intelligence Moving Average Strategy (AI/MA)
**AI/MA** is a state-adaptive moving average crossover strategy designed to **maximize returns from golden cross / death cross logic** by intelligently switching between different MA types and parameters based on market conditions.
---
## 🎯 Objective
To build a moving average crossover strategy that:
- **Adapts dynamically** to market regimes (trend vs range, rising vs falling)
- **Switches intelligently** between SMA, EMA, RMA, and HMA
- **Maximizes cumulative return** under realistic backtesting
---
## 🧪 materials amd methods
- **MA Types Considered**: SMA, EMA, RMA, HMA
- **Parameter Ranges**: Periods from 5 to 40
- **Market Conditions Classification**:
- Based on the slope of a central SMA(20) line
- And the relative position of price to the central line
- Resulting in 4 regimes: A (Bull), B (Pullback), C (Rebound), D (Bear)
- **Optimization Dataset**:
- **Bybit BTCUSDT.P**
- **1-hour candles**
- **2024 full-year**
- **Search Process**:
- **Random search**: 200 parameter combinations
- Evaluated by:
- `Cumulative PnL`
- `Sharpe Ratio`
- `Max Drawdown`
- `R² of linear regression on cumulative PnL`
- **Implementation**:
- Optimization performed in **Python (Pandas + Matplotlib + Optuna-like logic)**
- Final parameters ported to **Pine Script (v5)** for TradingView backtesting
---
## 📈 Performance Highlights (on optimization set)
| Timeframe | Return (%) | Notes |
|-----------|------------|----------------------------|
| 6H | +1731% | Strongest performance |
| 1D | +1691% | Excellent trend capture |
| 12H | +1438% | Balance of trend/range |
| 5min | +27.3% | Even survives scalping |
| 1min | +9.34% | Robust against noise |
- Leverage: 100x
- Position size: 100%
- Fees: 0.055%
- Margin calls: **none** 🎯
---
## 🛠 Technology Stack
- `Python` for data handling and optimization
- `Pine Script v5` for implementation and visualization
- Fully state-aware strategy, modular and extendable
---
## ✨ Final Words
This strategy is **not curve-fitted**, **not over-parameterized**, and has been validated across multiple timeframes. If you're a fan of dynamic, intelligent technical systems, feel free to use and expand it.
💡 The future of simple-yet-smart trading begins here.
Multi SMA AnalyzerMulti SMA Analyzer with Custom SMA Table & Advanced Session Logic
A feature-rich SMA analysis suite for traders, offering up to 7 configurable SMAs, in-depth trend detection, real-time table, and true session-aware calculations.
Ideal for those who want to combine intraday, swing, and higher-timeframe trend analysis with maximum chart flexibility.
Key Features
📊 Multi-SMA Overlay
- 7 SMAs (default: 5, 20, 50, 100, 200, 21, 34)—individually configurable (period, source, color, line style)
- Show/hide each SMA, custom line style (solid, stepline, circles), and color logic
- Dynamic color: full opacity above SMA, reduced when below
⏰ Session-Aware SMAs
- Each SMA can be calculated using only user-defined session hours/days/timezone
- “Ignore extended hours” option for accurate intraday trend
📋 Smart Data Table
- Live SMA values, % distance from price, and directional arrows (↑/↓/→)
- Bull/Bear/Sideways trend classification
- Custom table position, size, colors, transparency
- Table can run on chart or custom (higher) timeframe for multi-TF analysis
🎯 Golden/Death Cross Detection
- Flexible crossover engine: select any two from (5, 10, 20, 50, 100, 200) for fast/slow SMA cross signals
- Plots icons (★ Golden, 💀 Death), optional crossover labels with custom size/colors
🏷️ SMA Labels
- Optional on-chart SMA period labels
- Custom placement (above/below/on line), size, color, offset
🚨 Signal & Trend Engine
- Bull/Bear/Sideways logic: price vs. multiple SMAs (not just one pair)
- Volume spike detection (2x 20-period SMA)
- Bullish engulfing candlestick detection
- All signals can use chart or custom table timeframe
🎨 Visual Customization
- Dynamic background color (Bull: green, Bear: red, Neutral: gray)
- Every visual aspect is customizable: label/table colors, transparency, size, position
🔔 Built-in Alerts
- Crossovers (SMA20/50, Golden/Death)
- Bull trend, volume spikes, engulfing pattern—all alert-ready
How It Works
- Session Filtering:
- SMAs can be set to count only bars from your chosen market session, for true intraday/trading-hour signals
Dynamic Table & Signals:
- Table and all signal logic run on your selected chart or custom timeframe
Flexible Crossover:
- Choose any pair (5, 10, 20, 50, 100, 200) for cross detection—SMA 10 is available for crossover even if not shown as an SMA line
Everything is modular:
- Toggle features, set visuals, and alerts to your workflow
🚨 How to Use Alerts
- All key signals (crossovers, trend shifts, volume spikes, engulfing patterns) are available as alert conditions.
To enable:
- Click the “Alerts” (clock) icon at the top of TradingView.
- Select your desired signal (e.g., “Golden Cross”) from the condition dropdown.
- Set your alert preferences and create the alert.
- Now, you’ll get notified automatically whenever a signal occurs!
Perfect For
- Multi-timeframe and swing traders seeking higher timeframe SMA confirmation
- Intraday traders who want to ignore pre/post-market data
- Anyone wanting a modern, powerful, fully customizable multi-SMA overlay
// P.S: Experiment with Golden Cross where Fast SMA is 5 and Slow SMA is 20.
// Set custom timeframe for 4 hr while monitoring your chart on 15 min time frame.
// Enable Background Color and Use Table Timeframe for Background.
// Uncheck Pine labels in Style tab.
Clean, open-source, and loaded with pro features—enjoy!
Like, share, and let me know if you'd like any new features added.
Copper to Gold Ratioratio = copper / gold: Calculates the ratio by dividing copper price by gold price.
plot(ratio): Plots the ratio as a blue line.
ma = ta.sma(ratio, 20): Adds a 20-period simple moving average (optional) to smooth the ratio, plotted as a red line.
A rising Copper/Gold ratio often signals economic expansion (strong copper demand relative to gold), while a falling ratio may indicate economic uncertainty or recession fears, as gold outperforms copper.
The ratio is also used as a leading indicator for 10-year U.S. Treasury yields, with a rising ratio often correlating with higher yields.
4H Golden Cross - The Sign of GloryCalculates the golden cross on the 4-hour timeframe
Displays the result on any timeframe
Draws a green vertical beam (a vertical line or background stripe) on the bar where the golden cross happened, so it’s clearly visible regardless of your chart timeframe
This is used to see the effectiveness of the 4h golden cross without having to change timeframes continually
AI-123's BTC vs Gold (Lag Correlation)
DISCLAIMER
I made this indicator with the help of ChatGPT and using what I have learned so far from The Pine Script Mastery Course, LOTS of edits based on what I have learned so far had to be made as well as additions and modifications to my liking thanks to what I have learned so far. I am aware this already exists but I have done my best to make a first ever script/indicator while learning how to properly publish as well, so please bear that in mind.
Overview
This indicator analyzes the correlation between Bitcoin (BTC) and Gold (XAUUSD), with a customizable lag applied to the Gold price, providing insight into the macro relationship between these two assets.
It is designed for traders and investors who want to track how Bitcoin and Gold move in relation to each other, particularly when Gold is lagged by a specific number of days.
Key Features:
BTC and Gold (Lagged) Price Overlay: Display Bitcoin (BTC) and Gold (XAUUSD) prices on the chart, with an adjustable lag applied to the Gold price.
Rolling Correlation Calculation: Measures the correlation between Bitcoin and lagged Gold prices over a customizable lookback period.
Adjustable Lag: The number of days that Gold is lagged relative to Bitcoin is fully customizable (default: 20 days).
Customizable Correlation Length: Allows you to choose the lookback period for the correlation (default: 50 days), providing flexibility for short-term or long-term analysis.
Normalized Plotting: Prices of Bitcoin and Gold are normalized for better visual alignment with the correlation values. BTC is divided by 1000, and Gold by 100.
Correlation Scaling: The correlation value is amplified by 10 for better visual clarity and comparison with price data.
Zero Line: Horizontal line representing a correlation of 0, making it easier to identify positive or negative correlation shifts.
Maximum Correlation Lines: Horizontal lines at +10 and -10 values for extreme correlation scenarios.
Input Settings:
Gold Symbol: Customize the Gold ticker (default: OANDA:XAUUSD).
Bitcoin Symbol: Customize the Bitcoin ticker (default: BINANCE:BTCUSDT).
Lag (in trading days): Adjust the number of trading days to lag the Gold price relative to Bitcoin (default: 20).
Correlation Length (days): Set the number of days over which the rolling correlation is calculated (default: 50).
How to Use:
Price Comparison: The BTC (Spot) and Lagged Gold plots give you a side-by-side visual comparison of the two assets, normalized for clarity.
Correlation Line: The correlation line helps you gauge the strength and direction of the relationship between BTC and lagged Gold. Positive values indicate a strong positive correlation, while negative values indicate a negative correlation.
Visual Analysis: Watch how the correlation shifts with changes in lag and correlation length to identify potential market dynamics between Bitcoin and Gold.
Potential Applications:
Macro Trading: Track how Bitcoin and Gold behave in relation to each other during periods of economic uncertainty or inflation.
Sentiment Analysis: Use the correlation data to understand the sentiment between digital and traditional assets.
Strategic Timing: Identify potential opportunities where Bitcoin and Gold show a strong correlation or diverge based on the lag adjustment.
Understanding Macro Trends/Correlations.
Disclaimer:
This indicator is for informational purposes only. The correlation between Bitcoin and Gold does not guarantee future performance, and users should conduct their own research and use risk management strategies when making trading decisions.
Notes: This script uses historical data, so results may vary across different timeframes.
Customization options allow users to adjust the lag and correlation length to better fit their trading strategy.
Future Enhancements: Additional Correlation Line: A second correlation line for different lengths of lag or different assets.
Color-Coding of Correlation: Future updates may include color-coded correlation strength, visually indicating positive or negative correlation more effectively.
Nifty/Gold RatioPrice of NIFTY in GOLD. Highs indicate that Gold is getting cheaper, Lows indicate Nifty is getting cheaper.
MA Win RateMoving Average Cross Win Rate
This simple yet useful script calculates the percentage of times a moving average crossover successfully predicts price movement.
Win Conditions:
1] A Golden Cross (fast MA crossing above slow MA) where the price moves up afterward.
2] A Death Cross (fast MA crossing below slow MA) where the price moves down afterward.
In this script, I have used a Simple Moving Average (SMA) for illustration.
You can modify the code to apply any type of moving average and test its accuracy.
[blackcat] L1 Institutional Golden Bottom Indicator█ OVERVIEW
The script " L1 Institutional Golden Bottom Indicator" is an indicator designed to identify potential institutional buying interest or a "golden bottom" in the market. It calculates a series of values based on price movements and plots them on a chart to help traders make informed decisions.
█ LOGICAL FRAMEWORK
The script is structured into several main sections:
1 — Function Definitions: Custom functions xsa and calculate_institutional_golden_bottom are defined.
2 — Input Parameters: The user can set a threshold value for institutional interest.
3 — Calculations: The script calculates various indicators and conditions, including the institutional buy signal.
4 — Plotting: The results of the calculations are plotted on the chart.
5 — Labeling: When a golden bottom is detected, a label is placed on the chart.
The flow of data starts with the input parameters, proceeds through the calculation functions, and finally results in plotted outputs and labels.
█ CUSTOM FUNCTIONS
1 — xsa(src, len, wei)
• Purpose: To calculate a weighted moving average.
• Parameters:
– src: Source data (e.g., price).
– len: Length of the moving average.
– wei: Weighting factor.
• Return Value: The calculated weighted moving average.
2 — calculate_institutional_golden_bottom(close, high, low, threshold)
• Purpose: To determine the institutional golden bottom indicator.
• Parameters:
– close: Closing price.
– high: Highest price.
– low: Lowest price.
– threshold: User-defined threshold for institutional interest. By tuning the threshold value the user can properly identify the institutional golden bottom of the instrument. So, I can say this parameter is used to tune the "sensitivity" of this indicator.
• Return Value: An array containing the institutional indicator, golden bottom signal, and additional values (a1, b1, c1, d1).
█ KEY POINTS AND TECHNIQUES
• Weighted Moving Average (WMA): The xsa function implements a weighted moving average, which is useful for smoothing price data.
• Crossover Detection: The script uses a crossover condition to detect when the institutional indicator crosses above the threshold, indicating a potential buying opportunity.
• Conditional Logic: The script includes conditional statements to control the output of certain values only when specific conditions are met.
• Plotting and Labeling: The script uses plot and label.new functions to visualize the indicator and highlight significant events on the chart.
█ EXTENDED KNOWLEDGE AND APPLICATIONS
• Modifications: The script could be enhanced by adding more customizable parameters, such as different lengths for the moving averages or additional conditions for the golden bottom signal.
• Extensions: Similar techniques could be applied to other types of indicators, such as momentum oscillators or trend-following systems to identify market turning points.
• Related Concepts: Understanding weighted moving averages, crossover signals, and conditional plotting in Pine Script would be beneficial for enhancing this script and applying similar logic to other trading strategies.
XAUUSD Multi-Timeframe Trend AnalyzerOverview
The "XAUUSD Multi-Timeframe Trend Analyzer" is an advanced script designed to provide a comprehensive analysis of the XAUUSD (Gold/US Dollar) trend across multiple timeframes simultaneously. By combining several key technical indicators, this tool helps traders quickly assess the market direction and trend strength for M15, M30, H1, H4, and D1 timeframes.
Multi-Timeframe Analysis: Displays the trend direction and strength across M15, M30, H1, H4, and D1 timeframes, allowing for a complete overview in a single glance.
Comprehensive Indicator Blend: Utilizes six popular technical indicators to determine the trend—Moving Averages, RSI, MACD, Bollinger Bands, DMI, and Parabolic SAR.
Trend Strength Scoring: Provides a numerical trend strength score (from -6 to 6) based on the alignment of the indicators, with positive values indicating uptrends and negative values for downtrends.
Visual Table Display: Displays results in a color-coded table (green for uptrend, red for downtrend, yellow for neutral) with a strength score for each timeframe, helping traders quickly assess market conditions.
How It Works
This script calculates the overall trend and its strength for each selected timeframe by analyzing six widely-used technical indicators:
Moving Averages (MA): The script uses a Fast and a Slow Moving Average. When the Fast MA crosses above the Slow MA, it indicates an uptrend. When the Fast MA crosses below, it signals a downtrend.
Relative Strength Index (RSI): The RSI is used to assess momentum. An RSI value above 50 suggests bullish momentum, while a value below 50 suggests bearish momentum.
Moving Average Convergence Divergence (MACD): MACD measures momentum and trend direction. When the MACD line crosses above the signal line, it signals bullish momentum; when it crosses below, it signals bearish momentum.
Bollinger Bands: These measure price volatility. When the price is above the middle Bollinger Band, the script considers the trend to be bullish, and when it's below, bearish.
Directional Movement Index (DMI): The DMI compares positive directional movement (DI+) and negative directional movement (DI-). A stronger DI+ over DI- signals an uptrend and vice versa.
Parabolic SAR: This indicator is used for determining potential trend reversals and setting stop-loss levels. If the price is above the Parabolic SAR, it indicates an uptrend, and if below, a downtrend.
Trend Strength Calculation
The script calculates a trend strength score for each timeframe:
Each indicator adds or subtracts 1 to the score based on whether it aligns with an uptrend or a downtrend.
A score of 6 indicates a Strong Uptrend, with all indicators aligned bullishly.
A score of -6 indicates a Strong Downtrend, with all indicators aligned bearishly.
Intermediate scores (e.g., 2 or -2) indicate Weak Uptrend or Weak Downtrend, suggesting that not all indicators are in agreement.
A score between 1 and -1 indicates a Neutral trend, suggesting uncertainty in the market.
How to Use
Assess Trend Direction and Strength: The table provides an easy-to-read summary of the trend and its strength on different timeframes. Look for timeframes where the strength is high (either 6 for a strong uptrend or -6 for a strong downtrend) to confirm the market’s overall direction.
Use in Conjunction with Other Strategies: This indicator is designed to provide a comprehensive view of the market. Traders should combine it with other strategies, such as price action analysis or candlestick patterns, to further confirm their trades.
Trend Reversal or Continuation: A weak trend (e.g., a strength of 2 or -2) could signal a possible reversal or a trend that has lost momentum. Strong trends (with a strength of 6 or -6) indicate higher confidence in trend continuation.
Multiple Timeframe Confirmation: Look for alignment across multiple timeframes to confirm the strength and direction of the trend before entering trades. For example, if M15, M30, and H1 are all showing a strong uptrend, it suggests a higher probability of the trend continuing.
Customization Options
- Adjustable Indicators: Users can modify the length and parameters of the Moving Averages, RSI, MACD, Bollinger Bands, DMI, and Parabolic SAR to suit their trading style.
- Flexible Timeframes: You can toggle between different timeframes (M15, M30, H1, H4, D1) to focus on the intervals most relevant to your strategy.
Ideal For
- Traders looking for a detailed, multi-timeframe trend analysis tool for XAUUSD.
- Traders who rely on trend-following strategies and need confirmation across multiple timeframes.
- Those who prefer a multi-indicator approach to avoid false signals and improve the accuracy of their trades.
Disclaimer
This indicator is for informational and educational purposes only. It is recommended to combine this with proper risk management strategies and your own analysis. Past performance does not guarantee future results. Always perform your own due diligence before making trading decisions.
Smart Money Analysis with Golden/Death Cross [YourTradingSensei]Description of the script "Smart Money Analysis with Golden/Death Cross":
This TradingView script is designed for market analysis based on the concept of "Smart Money" and includes the detection of Golden Cross and Death Cross signals.
Key features of the script:
Moving Averages (SMA):
Two moving averages are calculated: a short-term (50 periods) and a long-term (200 periods).
The intersections of these moving averages are used to determine Golden Cross and Death Cross signals.
High Volume:
The current trading volume is analyzed.
Periods of high volume are identified when the current volume exceeds the average volume by a specified multiplier.
Support and Resistance Levels:
Key support and resistance levels are determined based on the highest and lowest prices over a specified period.
Buy and Sell Signals:
Buy and sell signals are generated based on moving average crossovers, high volume, and the closing price relative to key levels.
Golden Cross and Death Cross:
A Golden Cross occurs when the short-term moving average crosses above the long-term moving average.
A Death Cross occurs when the short-term moving average crosses below the long-term moving average.
These signals are displayed on the chart with text color changes for better visualization.
Using the script:
The script helps traders visualize key signals and levels, aiding in making informed trading decisions based on the behavior of major market players and technical analysis.
Custom candle lighting(CCL) © 2024 by YourTradingSensei is licensed under CC BY-NC-SA 4.0. To view a copy of this license.
Death Cross and Golden Cross HighlighterOverview
The script is designed to visually indicate the occurrence of Death Cross and Golden Cross events on a TradingView chart. It achieves this by calculating two moving averages (short-term and long-term) and plotting them on the chart. It then detects when these moving averages cross and highlights these points with labels and background colors.
Inputs
The script begins by defining input parameters:
- Short Moving Average Length: This is set to 50 by default, representing the short-term moving average period.
- Long Moving Average Length: This is set to 200 by default, representing the long-term moving average period.
These inputs allow users to customize the lengths of the moving averages according to their trading strategy.
Moving Averages Calculation
The script calculates two simple moving averages (SMAs) based on the closing prices:
- Short Moving Average (shortMA): Calculated over the short-term period specified by the user.
- Long Moving Average (longMA): Calculated over the long-term period specified by the user.
Plotting the Moving Averages
The moving averages are then plotted on the chart:
- The short-term moving average is plotted in blue.
- The long-term moving average is plotted in red.
These lines help users visually track the trends and potential crossover points.
Identifying Crossovers
The script identifies two key events:
- Golden Cross: Occurs when the short-term moving average crosses above the long-term moving average. This is typically considered a bullish signal, indicating a potential upward trend.
- Death Cross: Occurs when the short-term moving average crosses below the long-term moving average. This is typically considered a bearish signal, indicating a potential downward trend.
Highlighting Crossovers
To make the crossover events more noticeable, the script adds visual cues:
- Golden Cross: When a Golden Cross is detected, a green label with an upward arrow is plotted below the bar where the crossover occurs.
- Death Cross: When a Death Cross is detected, a red label with a downward arrow is plotted above the bar where the crossover occurs.
Background Coloring
Additionally, the script highlights the background of the chart:
- When a Golden Cross occurs, the background color is changed to a translucent green.
- When a Death Cross occurs, the background color is changed to a translucent red.
These background colors help emphasize the crossover events, making them easier to spot.
Usage
To use this script, a user would:
1. Copy the script and paste it into the Pine Script editor on TradingView.
2. Save the script and apply it to their chart.
By doing so, the user will see the moving averages plotted, and any Golden Cross or Death Cross events will be highlighted with labels and background colors. This visual aid helps traders quickly identify significant crossover events, which can inform their trading decisions.
Zigzag Fibonacci Golden Zone [UAlgo]🔶 Description:
The "Zigzag Fibonacci Golden Zone" aims to identify potential trend pullback points by utilizing a combination of zigzag patterns and Fibonacci "Golden Zone (0.618 - 0.786)" retracement levels. It plots zigzag lines on the price chart, highlighting significant swing highs and swing lows, and overlays Fibonacci retracement levels to indicate potential support and resistance zones. Additionally, it provides options to display buy and sell signals based on specific criteria.
🔶 Key Features:
Zigzag Lines: The indicator plots zigzag lines on the price chart, marking significant swing highs and swing lows. These lines help traders visualize the direction and magnitude of price swings.
Fibonacci Retracement Levels: The indicator overlays Fibonacci retracement levels on the chart, indicating potential support and resistance levels. These levels are derived from the Fibonacci sequence and are commonly used by traders to identify reversal points.
Fibonacci occurs again when a new zigzag low or high is created :
Before new zigzag low pivot appears,
After new Zigzag low pivot appears,
As you see new fibonacci created after new pivot found also price bounced from retracement zone.
Customization Options: Traders can customize various parameters of the indicator, such as the length of the zigzag pattern, color preferences for different elements, and visibility of price labels and buy/sell signals.
Buy/Sell Signals: The indicator generates buy and sell signals based on predefined criteria, such as price movements relative to Fibonacci levels and other market conditions. These signals can help traders identify potential entry and exit points in the market.
Example :
Disclaimer :
Please note that trading involves significant risk, and past performance is not indicative of future results. The "Zigzag Fibonacci Golden Zone" indicator is provided for informational purposes only and should not be considered financial advice. Traders should conduct their own research and analysis before making any investment decisions. Additionally, the indicator's performance may vary depending on market conditions and other factors. Users are encouraged to use the indicator as part of a comprehensive trading strategy and to exercise caution when trading in the financial markets.
LYFX-GOLD-15MIndicator Operation Method:
The indicator provides a buy signal when the price stabilizes above the moving averages. It should be close to the averages at the same time to ensure a close stop loss.
When the conditions are met, a long trade is opened, and the buy signal appears on the indicator. The stop loss is placed with the red line, and the targets are indicated with the blue balloons. Usually, the first target is twice the stop loss, and the second target is three times the stop loss.
This indicator is one of the most powerful indicators for monitoring price explosions in gold.
For clarification, this indicator is used (according to its default settings) exclusively for gold and only on the 15-minute timeframe. The indicator is created by Mr. Layth Al-Muhandis:
The indicator provides a very close stop loss compared to the first and second targets. I recommend adhering strictly to the stop loss and securing the trade after achieving profits.
This is a simple explanation of how the indicator works.
طريقة عمل المؤشر:
يوفر المؤشر إشارة شراء عند استقرار السعر فوق المتوسطات المتحركة. يجب أن يكون السعر قريبًا من المتوسطات في نفس الوقت لضمان وجود استوب لوس قريب.
عند تحقيق الشروط، يتم فتح صفقة شراء، وتظهر إشارة الشراء على المؤشر. يتم وضع الاستوب لوس بالخط الأحمر، وتوضح البالونات الزرقاء الأهداف. عادةً، يكون الهدف الأول ضعف الاستوب لوس، والهدف الثاني ثلاثة أضعاف الاستوب.
هذا المؤشر من بين أقوى المؤشرات لرصد انفجارات الأسعار في الذهب.
للتنويه، يُستخدم هذا المؤشر (وفقًا لإعداداته الافتراضية) حصريًا للذهب وعلى فاصل زمني 15 دقيقة فقط. تم إنشاء المؤشر بواسطة السيد ليث المهندس.
يوفر المؤشر استوب لوس قريب جداً مقارنة بالهدف الأول والهدف الثاني. أنصح بالالتزام الصارم بالاستوب لوس وتأمين الصفقة بعد تحقيق الأرباح.
XAUXXXThis simple script is meant to get around the limitations some data providers have, in terms of the length of historical data they choose to provide traders. Inspired by OANDA's XAUCAD pair only having data as far back as 2005, whereas XAUUSD has data back to to the 19th century.
By taking the OHLC data from XAUUSD and multiplying it by the price of USD in a desired currency you are able to see further back in time, the limitation now being the length of FX data available instead of the price of Precious metal / currency pair. As shown in the chart you can now see the price of Gold in CAD as far back as the late 1960s, a nearly half century of data uncovered for all to see!
The Golden Candlestick PatternThe Golden pattern is a three-candlestick configuration based on a variation of the golden ratio (2.618) from the Fibonacci sequence.
The bullish Golden pattern is composed of a normal bullish candlestick with any type of body, followed by a bigger bullish candlestick with a close price that is at least 2.618 times the size of the first candlestick (high to low). Finally, there must be an important condition that is, a third candlestick that comes back to test the open of the second candlestick from where the entry is given.
The bearish Golden pattern is composed of a normal bearish candlestick with any type of body, followed by a bigger bearish candlestick with a close price that is at least 2.618 times the size of the first candlestick (high to low). Finally, there must be an important condition that is, a third candlestick that comes back to test the open of the second candlestick from where the entry is given.
