Dynamic Buy/Sell VisualizationDynamic Trend Visualization Indicator
Description:
This simple and easy to use indicator has helped me stay in trades longer.
This indicator is designed to visually represent potential buy and sell signals based on the crossover of two Simple Moving Averages (SMA). It's crafted to assist traders in identifying trend directions in a straightforward manner, making it an excellent tool for both beginners and experienced traders.
Features:
Customizable Moving Averages: Users can adjust the period length for both short-term (default: 10) and long-term (default: 50) SMAs to suit their trading strategy.
Visual Signals: Dynamic lines appear at the points of SMA crossover, with labels to indicate 'BUY' or 'SELL' opportunities.
Color and Style Customization: Customize the appearance of the buy and sell lines for better chart readability.
Alert Functionality: Alerts are set up to notify users when a crossover indicating a buy or sell condition occurs.
How It Works:
A 'BUY' signal is generated when the short-term SMA crosses above the long-term SMA, suggesting an upward trend.
A 'SELL' signal is indicated when the short-term SMA crosses below the long-term SMA, pointing to a potential downward trend.
Use Cases:
Trend Following: Ideal for markets with clear trends. For example, if trading EUR/USD on a daily chart, setting the short SMA to 10 days and the long SMA to 50 days might help in capturing longer-term trends.
Scalping: In a volatile market, setting shorter periods (e.g., 5 for short SMA and 20 for long SMA) might catch quicker trend changes, suitable for scalping.
Examples of how to use
* Short-term for Quick Trades:
SMA 5 and SMA 21:
Purpose: This combination is tailored for day traders or those looking to engage in scalping. The 5 SMA will react rapidly to price changes, providing early signals for buy or sell opportunities. The 21 SMA, being a Fibonacci number, offers a slightly longer-term view to confirm the short-term trend, helping to filter out minor fluctuations that might lead to false signals.
* Middle-term for Swing Trading:
SMA 10 and SMA 50:
Purpose: Suited for swing traders who aim to capitalize on medium-term trends. The 10 SMA picks up on immediate market movements, while the 50 SMA gives insight into the medium-term direction. This setup helps in identifying when a short-term trend aligns with a longer-term trend, providing a good balance for trades that might last several days to a couple of weeks.
* Long-term Trading:
SMA 50 and SMA 200:
Purpose: Investors focusing on long-term trends would benefit from this pair. The crossover of the 50 SMA over the 200 SMA can indicate the beginning or end of major market trends, ideal for making decisions about long-term holdings that might span months or years.
Example Strategy if not using the Buy / Sell Label Alerts:
Entry Signal: Enter a long position when the shorter SMA crosses above the longer SMA. For example:
SMA 10 crosses above SMA 50 for a medium-term bullish signal.
Exit Signal: Consider exiting or initiating a short position when:
SMA 10 crosses below SMA 50, suggesting a bearish turn in the medium-term trend.
Confirmation: Use these crossovers in conjunction with other indicators like volume or momentum indicators for better confirmation. For instance, if you're using the 5/21 combination, look for volume spikes on crossovers to confirm the move's strength.
When Not to Use:
Sideways or Range-Bound Markets: The indicator might generate many false signals in a non-trending market, leading to potential losses.
High Volatility Without Clear Trends: Rapid price movements without a consistent direction can result in misleading crossovers.
As a Standalone Tool: It should not be used in isolation. Combining with other indicators like RSI or MACD for confirmation can enhance trading decisions.
Practical Example:
Buy Signal: If you're watching Apple Inc. (AAPL) on a weekly chart, a crossover where the 10-week SMA moves above the 50-week SMA could suggest a buying opportunity, especially if confirmed by volume increase or other technical indicators.
Sell Signal: Conversely, if the 10-week SMA dips below the 50-week SMA, it might be time to consider selling, particularly if other bearish signals are present.
Conclusion:
The "Dynamic Trend Visualization" indicator provides a visual aid for trend-following strategies, offering customization and alert features to streamline the trading process. However, it's crucial to use this in conjunction with other analysis methods to mitigate the risks of false signals or market anomalies.
Legal Disclaimer:
This indicator is for educational purposes only. It does not guarantee profits or provide investment advice. Trading involves risk; please conduct thorough or consult with a financial advisor. The creator is not responsible for any losses incurred. By using this indicator, you agree to these terms.
Cerca negli script per "alert"
PnF Bullish & Bearish Trend Line Indicator with Proximity AlertThis Pine Script indicator, "PnF Bullish and Bearish Trend line Proximity Alert," overlays on a trading chart to monitor and alert users about interactions with bullish and bearish trend lines derived from Point and Figure (PnF) charting.
Key Features:
Inputs: Users can set parameters such as box size, bullish and bearish angles (in degrees), and a proximity threshold for detecting touches.
Slope Calculation: The script calculates the slopes for bullish and bearish trendlines using the tangent of the specified angles.
Trendline Management:
It initializes and updates trend lines based on price interactions, adjusting their starting points and positions as conditions change.
Proximity Detection: The indicator checks if the current price is close enough to the trend lines and sets conditions for alerts.
Alerts: Users receive alerts when both trend lines are touched, enhancing decision-making for trading strategies.
Visual Feedback: It highlights areas where both trend lines are touched and plots the trend lines in distinct colors for clarity.
This indicator provides an effective way to track key price levels and potential trend reversals in the market.
Divergence Indicator Screener [Trading Solutions]It's been a while since the last publication on the platform. We've been studying the charts and developing some interesting strategies and indicators, so we'll be posting some ideas in the near future.
Overview
This indicator allows you to find divergences between the price action and the classic RSI. It has the ability to anticipate trend changes.
Highs and Lows are determined using Pivot Points, wich can be adjusted in settings.
You can use this indicator to find two kind of divergences, Regular and Hidden:
Regular is when price makes a higher high, but the RSI makes a lower high
Hidden is when price makes a lower high, but the RSI makes a higher high
The opposite case for Bearish Divergence
The most important functionality of this indicator is that we can be alerted when a divergence occurs in different trading pairs, without the necessity of checking different charts at the same time, and seize opportunities offered by the market. You only have to go to Alerts Tab , click on Create Alert , select Divergence Indicator Screener and wait for the Notification in your favorite device.
You can choose any ticker to be plotted on chart and even add a new one.
Settings
To get everything started with this indicator, here are the different inputs:
RSI Settings: Period y Source
Pivot Point: Left and Right lookback bars
Filter Divergences: Regular and Hidden and max and min distance from the pivot points to consider a valid divergence
Draw table and Filter how much bars to look for a divergence in the past and plot it in the table: The fewer bars, less divergences shown
We hope you can take the most of this tool, and helps improve your day to day trading. Feel free to comment and make suggestions. We will be updating soon
Custom Multi-Timeframe Screener with AlertsThis is a multi-timeframe screener with alerts. Use this way you can create a screener on indicators using 2 or more timeframes.
In TradingView there is a limit of 40 security function calls. Every timeframe requires another security call so you can screen fewer symbols with any additional timeframe.
In this example, I use 2 timeframes, so the maximum amount of symbols you can scan is 40/2 = 20.
For 3 timeframes - 13, 4tfs - 10, 5tfs - 8 symbols and so on.
In this simplistic example, I require a cross of EMAs on the current timeframe and confirmation that one EMA above/below another from the second timeframe.
Of course, you can create much more complicated functions for this screener.
Params
- higher timeframe
- ema params
- 20 symbol inputs for instruments you want to use in this screener
Alerts
You can create an alert from it easily by selecting the screener name from the list and then selecting "Any alert() function call".
No additional configuration is required, message and alert on close is generated in the code.
You should better change the default name for your alert. Sometimes because of big amount of inputs you might receive an error.
Disclaimer
Please remember that past performance may not be indicative of future results.
Due to various factors, including changing market conditions, the strategy may no longer perform as good as in historical backtesting.
This post and the script don’t provide any financial advice.
Total Trend Follow Study with Alerts, Pyramid and DCA
Introduction
This is the study version of my trend following strategy. It is designed to be a “drop in” replacement for its twin strategy. I have replicated the analysis logic and entry and exit procedures to produce a nearly identical result set to the strategy. Other than the properties tab, the inputs dialog is exactly the same. Backtest the strategy to determine the best inputs to trade. Then apply the same inputs to this study to forward test. Alerts are available for trade entry, take profit close, stop-loss exit and pyramid level. Please see the strategy version for a complete description of the trading behavior of this script.
In brief, this script is intended to benefit from long duration trending markets. The trading behavior is to buy on strength and sell on weakness. As such the trade orders maintain its directional bias according to price pressure. What you will see on the chart is long positions on the left side of the mountain and short on the right. Long and short positions are not intermingled as long as there exists a detectable trend. My trend following script uses the same pivot point calculations used by my range trader but this time rising pivots are long and falling pivots are short. I refer to pivots as a vertex in the inputs dialog box. The cone based measurement adds a peak, sides and a base to the calculation elements. This allows the inputs to focus on adjusting the location of trades and not just trend lines. The pivot points can be plotted on the backtest. You can use the vertex input values to move the pivots where you want trades to be. This script can be traded in four different modes: Long, Short, BiDir, and Flip Flop.
This script replicates the TradingView pyramid feature by adding a field to the inputs tab. Pyramiding works the same way in this script as its twin strategy. Each pyramid level increases the order size as a multiple of its level. This makes it easy to comply with NFA FIFO Rule 2-43(b) if the trades are executed here in America. The current pyramid level is reported in the summary label when reports are enabled. You can use this value to manually adjust the position size in your forward testing. I also expose an alert when the pyramid threshold is breached. Use the TradingView alert window to send yourself a message when the level increases.
In addition to pyramiding this script employs a DCA feature which can increase the order size in response to stopped out or winning streak trades. The number of losing trades is tracked through the “Debt Sequence” value displayed in the summary report. When the debt is recovered the sequence number resets to zero. You can use the “Debt Sequence” number to manually manage DCA on your forward test. The main difference between DCA and pyramids is that this implementation of DCA applies to new trades while pyramids affect open positions. If DCA is enabled be sure to set the limiter to prevent your account from depleting capital during runaway markets.
I also have a range trading version of this script for those not interested in trend following.
Design
This script is approximately 1800 lines of Pine 4 code and implements nine indicators on two time frames. The chart (primary) interval and one higher time frame which is based on the primary. The higher time frame identifies the trend for which the primary will trade. The original trading algorithms are a port from a much larger program on another trading platform. I've converted some of the statistical functions to use standard indicators available on TradingView. The setups make heavy use of the Hull Moving Average in conjunction with EMAs that form the Bill Williams Alligator as described in his book “New Trading Dimensions” Chapter 3. Lag between the Hull and the EMAs form the basis of the entry and exit points. The alligator itself is used to identify the trend main body.
Indicator Repainting
Indicator repainting is an industry wide problem which mainly occurs when you mix backtest data with real-time data. It doesn't matter which platform you use some form of this condition will manifest itself on your chart over time. The TradingView wiki has an in depth article on this subject in regard to the elements of the Pine language which contribute or are susceptible to this effect. In dealing with this problem from a prevention aspect in Pine, you have to accept some repaint to occur.
The goal of my repaint prevention in the study script is simply to ensure that my signal trading bias remains consistent between the strategy, study and broker. This actually turned out to be kind of a job since it interfered with another project goal to synchronize the entry and exits between the strategy and study scripts. The script execution engines are different between the Pine strategy and study. While the primary chart interval is quite manageable the higher time frame requires the security() function. TradingViewʼs higher time frame implementation, which interleaves the chart interval, combined with the critical “lookahead” parameter makes the solution necessarily complex. According the wiki regarding this issue, best practice comes down to the following two methods:
1. a = security(syminfo.tickerid, 'D', close , lookahead=barmerge.lookahead_on)
2. indexHighTF = barstate.isrealtime ? 1 : 0
indexCurrTF = barstate.isrealtime ? 0 : 1
a0 = security(syminfo.tickerid, 'D', close ,lookahead=barmerge.lookahead_off)
a = a0
This script employs method 2 with the only problem being the Pine sar() function which does not expose its internal bar series. The best work around would require hand coding the parabolic but the script is at the maximum local scopes and run-time duration so that option is not viable. So far, this hasn't proven to be much of a problem. I'm currently running several symbols, forex and crypto, the strategy and study remain highly correlated with no instances of completely opposite real-time signals. However, I have received some alerts with no corresponding plot on the chart but so far it only occurred on one symbol. I will continue to monitor this problem.
The Bottom Line. Does this script repaint. Yes, it will repaint about as much as every other multi-interval script which employs the best practice solutions available in the Pine Language.
Usage
Please be aware that the purpose of the study script is to perform forward testing of the configuration established in the backtest process. Therefore, the usage here in the study begins with the backtest configuration parameters. The following steps provide instructions to get this study script connected to the TradingView alert notification system. For a detailed description of how to create a trend following system using this script please see the strategy version.
Step 1. Create a chart with the trading instrument and interval used in the backtest.
Step 2. Find this script in the “Invite Only” section of the Indicators Dialog and apply it to the current chart.
Step 3. Copy the values from the backtest input dialog to the study.
Step 4. Open the TradingView Alert window.
Step 5. In the “Condition” drop down field find and select the name of the script.
Step 6. A new drop down field will appear with the alerts available in the script. This script exposes the following eight signals:
-- Long Entry Signal
-- Long Profit Signal
-- Long Stop-loss Signal
-- Long Pyramid
-- Short Entry Signal
-- Short Profit Signal
-- Short Stop-loss Signal
-- Short Pyramid
Select the signal for which you want notification.
Step 7. In the “Options” field select the frequency of the alert. Typically, "Once Per Bar" or "Once Per Bar Close" will be sufficient.
Step 8. Set the expiration date and time.
Step 9. Select the action of the alert. Currently TradingView offers six different actions:
-- Notify on App
-- Show Popup
-- Send Email
-- Webhook URL
-- Play Sound
-- Send Email to SMS
Step 10. Create a message to to transmitted with the alert. The script provides a default message which can be overridden with any custom description. The price, time and other reserved chart elements can be included in the message
Step 11. Click the “Create” button to generate this single alert.
Step 12. Repeat steps 1 through 11 for every signal you wish to receive.
This script is open for beta testing. After successful beta test it will become a commercial application available by subscription only. I’ve invested quite a lot of time and effort into making this the best possible signal generator for all of the instruments I intend to trade. I certainly welcome any suggestions for improvements. Thank you all in advance.
TEXAS 2 Step RSI-2 - Alerts Built-inBe sure to Add to Favorites (down below) and/or Like/Follow this script so that you will be alerted to UPDATES.
Adding to Favorites makes it available in your list of Indicators.
The Texas 2 Step is a lower indicator (arrows on candles added for reference) based on the RSI-2 Strategy made famous by Larry Connors.
I use this indicator for:
Timing Entries and Exits
Trading Between Up/Ddown Signals
Detecting Trends and Pull Backs
I use this indicator by looking for the RSI-2 number going back inside the 10-90 range(gray) after being outside (red/green). This tells me the price is no longer at an extreme. You never know how many candles will remain in the extreme areas so wait for a candle to close inside the range.
On longer time frames (daily/weekly) you will notice several candles will stay in the extreme areas resulting in 100 pips or more before returning to the inside range. In these cases you can go LONG/SHORT in the direction of the extreme area and close your position once it returns to the inside range.
There are 4 Built-In Notifications already created for you and are available by simply right clicking in the indicator area and selecting:
Condition: TX2Step v3 - RSI
Then 1 of the 4 Alerts:
Green Alert - RSI2 > 90 and line turns Green
Red Alert - RSI2 < 10 and line turns Red
Down - RSI2 < 90 after being in the top RSI2 > 90 area
Up - RSI2 > 10 after being in the bottom RSI2 < 10 area
I look forward to hearing your thoughts on the indicator and will definitely like to build upon this indicator and continue to update it.
This adaptation was based off of the original code from the talented Chris Moody.
Plenty of additional information about Larry Connors RSI-2 Strategy with PDFs and Backtests in the stock markets on the original Script.
Bullish and Bearish Breakout Alert for Gold Futures PullbackBelow is a Pine Script (version 6) for TradingView that includes both bullish and bearish breakout conditions for my intraday trading strategy on micro gold futures (MGC). The strategy focuses on scalping two-legged pullbacks to the 20 EMA or key levels with breakout confirmation, tailored for the Apex Trader Funding $300K challenge. The script accounts for the Daily Sentiment Index (DSI) at 87 (overbought, favoring pullbacks). It generates alerts for placing stop-limit orders for 175 MGC contracts, ensuring compliance with Apex’s rules ($7,500 trailing threshold, $20,000 profit target, 4:59 PM ET close).
Script Requirements
Version: Pine Script v6 (latest for TradingView, April 2025).
Purpose:
Bullish: Alert when price breaks above a rejection candle’s high after a two-legged pullback to the 20 EMA in a bullish trend (price above 20 EMA, VWAP, higher highs/lows).
Bearish: Alert when price breaks below a rejection candle’s low after a two-legged pullback to the 20 EMA in a bearish trend (price below 20 EMA, VWAP, lower highs/lows).
Context: 5-minute MGC chart, U.S. session (8:30 AM–12:00 PM ET), avoiding overbought breakouts above $3,450 (DSI 87).
Output: Alerts for stop-limit orders (e.g., “Buy: Stop=$3,377, Limit=$3,377.10” or “Sell: Stop=$3,447, Limit=$3,446.90”), quantity 175 MGC.
Apex Compliance: 175-contract limit, stop-losses, one-directional news trading, close by 4:59 PM ET.
How to Use the Script in TradingView
1. Add Script:
Open TradingView (tradingview.com).
Go to “Pine Editor” (bottom panel).
Copy the script from the content.
Click “Add to Chart” to apply to your MGC 5-minute chart .
2. Configure Chart:
Symbol: MGC (Micro Gold Futures, CME, via Tradovate/Apex data feed).
Timeframe: 5-minute (entries), 15-minute (trend confirmation, manually check).
Indicators: Script plots 20 EMA and VWAP; add RSI (14) and volume manually if needed .
3. Set Alerts:
Click the “Alert” icon (bell).
Add two alerts:
Bullish Breakout: Condition = “Bullish Breakout Alert for Gold Futures Pullback,” trigger = “Once Per Bar Close.”
Bearish Breakout: Condition = “Bearish Breakout Alert for Gold Futures Pullback,” trigger = “Once Per Bar Close.”
Customize messages (default provided) and set notifications (e.g., TradingView app, SMS).
Example: Bullish alert at $3,377 prompts “Stop=$3,377, Limit=$3,377.10, Quantity=175 MGC” .
4. Execute Orders:
Bullish:
Alert triggers (e.g., stop $3,377, limit $3,377.10).
In TradingView’s “Order Panel,” select “Stop-Limit,” set:
Stop Price: $3,377.
Limit Price: $3,377.10.
Quantity: 175 MGC.
Direction: Buy.
Confirm via Tradovate.
Add bracket order (OCO):
Stop-loss: Sell 175 at $3,376.20 (8 ticks, $1,400 risk).
Take-profit: Sell 87 at $3,378 (1:1), 88 at $3,379 (2:1) .
Bearish:
Alert triggers (e.g., stop $3,447, limit $3,446.90).
Select “Stop-Limit,” set:
Stop Price: $3,447.
Limit Price: $3,446.90.
Quantity: 175 MGC.
Direction: Sell.
Confirm via Tradovate.
Add bracket order:
Stop-loss: Buy 175 at $3,447.80 (8 ticks, $1,400 risk).
Take-profit: Buy 87 at $3,446 (1:1), 88 at $3,445 (2:1) .
5. Monitor:
Green triangles (bullish) or red triangles (bearish) confirm signals.
Avoid bullish entries above $3,450 (DSI 87, overbought) or bearish entries below $3,296 (support) .
Close trades by 4:59 PM ET (set 4:50 PM alert) .
Candle Size Alertت وضیحات برای انتشار ابزار در TradingView
🔹 نام ابزار: Candle Size Alert
🔹 توضیحات:
این اندیکاتور برای شناسایی کندلهای بزرگ طراحی شده است. این ابزار میانگین اندازهی ۱۰ کندل گذشته را محاسبه کرده و اگر کندل فعلی ۳ برابر میانگین کندلهای قبلی باشد، یک لیبل هشدار در بالای کندل نمایش میدهد. همچنین میتوان هشدارهای معاملاتی را از طریق alertcondition() فعال کرد.
🔹 ویژگیها:
✅ امکان تغییر تعداد کندلهای محاسبه شده (پیشفرض: ۱۰)
✅ امکان تنظیم ضریب حساسیت (پیشفرض: ۳ برابر)
✅ نمایش لیبل هشدار در بالای کندلهای بزرگ
✅ پشتیبانی از هشدارهای خودکار (AlertCondition)
⚠️ نکته: این اندیکاتور فقط برای تحلیل استفاده میشود و سیگنال خرید یا فروش ارائه نمیدهد.
🔹 Indicator Name: Candle Size Alert
🔹 Description:
This indicator detects large candles by calculating the average size of the last 10 candles. If the current candle is 3 times larger than the average of the previous candles, a warning label appears above the candle. Additionally, automated alerts can be triggered using alertcondition().
🔹 Features:
✅ Adjustable candle count for calculations (default: 10)
✅ Customizable sensitivity multiplier (default: 3x)
✅ Visual alert label above large candles
✅ Supports automated alerts (AlertCondition)
⚠️ Note: This indicator is for analysis purposes only and does not provide buy/sell signals.
Daily Weekly Monthly Highs & Lows - Alerts !
1. Purpose
The script helps traders:
• Visualize the high and low levels for the previous daily, weekly, and monthly periods.
• Receive alerts when the current price crosses these levels.
• Identify key support and resistance zones based on historical highs and lows.
2. Key Features
User Inputs
The script offers customization options through input parameters:
• Daily Levels:
• Enable/disable displaying daily levels (Show Daily Levels).
• Customize the color for daily level lines (Daily Line Color).
• Weekly Levels:
• Enable/disable displaying weekly levels (Show Weekly Levels).
• Customize the color for weekly level lines (Weekly Line Color).
• Monthly Levels:
• Enable/disable displaying monthly levels (Show Monthly Levels).
• Customize the color for monthly level lines (Monthly Line Color).
3. Core Functionality
Level Calculations
The script retrieves the previous daily, weekly, and monthly highs and lows using the request.security() function:
• Daily High/Low: Taken from the previous day’s high and low.
• Weekly High/Low: Taken from the previous week’s high and low.
• Monthly High/Low: Taken from the previous month’s high and low.
Price Crossing Detection
For each level (daily, weekly, monthly), the script checks if the current high or low price has crossed:
• The previous high (triggering a “High Reached” alert).
• The previous low (triggering a “Low Reached” alert).
4. Visual Features
The script plots lines to represent the previous highs and lows:
• Daily Levels:
• Dashed lines for the previous daily high and low.
• Configurable color (Daily Line Color).
• Weekly Levels:
• Dashed lines for the previous weekly high and low.
• Configurable color (Weekly Line Color).
• Monthly Levels:
• Dashed lines for the previous monthly high and low.
• Configurable color (Monthly Line Color).
These lines extend forward by one bar for better visibility on the chart.
5. Alert Features
The script provides alerts for when the price crosses these levels:
• Daily Alerts:
• “Daily High Reached” when the current price crosses the previous daily high.
• “Daily Low Reached” when the current price crosses the previous daily low.
• Weekly Alerts:
• “Weekly High Reached” when the current price crosses the previous weekly high.
• “Weekly Low Reached” when the current price crosses the previous weekly low.
• Monthly Alerts:
• “Monthly High Reached” when the current price crosses the previous monthly high.
• “Monthly Low Reached” when the current price crosses the previous monthly low.
6. Practical Use Case
This script is ideal for traders who:
• Use support and resistance levels from daily, weekly, and monthly timeframes as part of their strategy.
• Want to monitor price interactions with these levels in real-time.
• Need automatic alerts for key price movements without continuously monitoring the chart.
7. Limitations
• Max Line Count: TradingView limits the number of lines that can be drawn on the chart to max_lines_count = 500.
• No Historical Levels: The script only tracks the most recent daily, weekly, and monthly levels and does not display historical levels.
Multi-ticker Daily Pivot AlertDescription:
The Big Tech Daily Pivot Alert is a powerful TradingView indicator designed to monitor daily pivot points for major tech and market-leading tickers. It provides real-time alerts when prices approach their daily pivot levels, helping traders identify potential trading opportunities during the U.S. market hours.
Key Features:
Multi-Ticker Monitoring: Tracks the daily pivot points for top tech and market tickers, including NVDA, TSLA, AMZN, NFLX, SPY, QQQ, GOOGL, MSFT, META, and AAPL.
Daily Pivot Calculations: Uses yesterday's high, low, and close prices to calculate the pivot point for each ticker.
Real-Time Alerts: Sends instant alerts when the open, high, low, or current price is near the pivot point (within 0.25% tolerance).
Time-Sensitive Alerts: Operates exclusively during U.S. market hours (6:00 AM to 1:00 PM PST) on weekdays (Monday to Friday).
Customizable Alert Format: Alerts are sent as JSON payloads for seamless integration with platforms like Discord or other webhook-supported systems.
How It Works:
The indicator calculates the daily pivot point for each ticker using the formula:
Pivot Point = (High + Low + Close) / 3
It continuously monitors the open, high, low, and current prices of each ticker on a 1-minute timeframe.
If any value approaches the pivot point within a configurable threshold (default: 0.25%), it triggers an alert with detailed information for all tickers meeting the criteria.
Who Should Use It:
Day Traders: Spot potential price reversal or breakout levels based on pivot point testing.
Swing Traders: Identify key levels of support and resistance to inform trading decisions.
Tech and Market Enthusiasts: Stay updated on critical price levels for major tech and market tickers.
Instructions:
Add the indicator to your chart.
Configure your webhook endpoint to receive alerts (e.g., Discord or Slack).
Monitor alerts for actionable opportunities when prices test pivot points.
Multi-Timeframe Trend Cloud (EMA13/21) with Alerts Purpose:
This indicator combines trend analysis across multiple timeframes with alerts to help identify general trends and market shifts. It visualizes trends by creating EMA clouds (The area between EMA13 & EMA21), detects confirmed EMA crossovers, and can alert users when the price re-enters the cloud or interacts with the EMA200.
Input Parameters:
Lower Timeframe (LTF): Allows you to select the lower timeframe for trend analysis (e.g., 1 hour, 4 hours).
Higher Timeframe (HTF): Allows you to select the higher timeframe for the main trend reference (e.g., 4 hours, 1 day).
Fill Colors: You can customize the colors used to fill the areas between the EMA lines in both the higher and lower timeframes. Note: The LTF cloud defaults to transparent white so if you have a light background change the color in style settings.
The EMA's default to transparent but can be turned on in the style settings.
Calculating & Plotting EMAs:
The indicator calculates two Exponential Moving Averages (EMAs) on both the LTF and HTF: a faster 13-period EMA and a slower 21-period EMA.
Additionally, it calculates a 200-period EMA on the HTF.
These EMAs are plotted on your chart, providing a visual representation of the trend.
Identifying Trend States:
The script uses the relationships between the price and the 13-period and 21-period EMAs on the Higher Time Frame (HTF) to identify four distinct trend states, each depicted by a specific color to create the "Trend Cloud":
Strong Bull Trend: The 13-period EMA is above the 21-period EMA, and the price is above both EMAs. --- "Color 0" in HTF Trend style settings.
Broken Bullish Trend: The 13-period EMA is above the 21-period EMA but price has broken below both EMA's. --- "Color 3" in HTF Trend style settings.
Strong Bear Trend: The 13-period EMA is below the 21-period EMA, and the price is below both EMAs. --- "Color 2" in HTF Trend style settings.
Broken Bearish Trend: The 13-period EMA is below the 21-period EMA but price has broken above both EMA's. --- "Color 1" in HTF Trend style settings.
Important Note: The 200-period EMA is plotted for reference but is not directly used in determining the current trend state within this script.
Confirmed Crossover Signals:
The indicator plots upward or downward triangles to signal confirmed crossovers of the EMA13 and EMA21 on the HTF. A crossover is considered "confirmed" when it's followed by a candle closing on the same side of the crossing point, adding an extra layer of confidence to the signal.
Cloud Re-entry Alerts:
Receive alerts whenever the price re-enters the HTF cloud - aka "Trend".
EMA200 Retest Alerts:
Get alerts when the price touches the 200 EMA on the HTF. These alerts can be valuable for identifying potential trend reversals or trend continuation scenarios.
Benefits:
Clear Visual Representation: Easily visualize trends on both the lower and higher timeframes.
Confirmed Signals: Filter out false signals by focusing on confirmed crossovers.
Timely Alerts: Get instant notifications for important price actions, allowing you to react quickly to market opportunities.
Customizable: Tailor the indicator's appearance and alert settings to your preferences.
How to Use:
Add the indicator to your chart.
Select your desired LTF and HTF in the Inputs tab.
Customize the fill colors (and optional EMA line colors) in the Style tab.
Enable the alerts you want to receive in the Alerts tab.
Note: This indicator is a great tool for trend analysis, but it should be used with other forms of analysis and risk management techniques to make informed trading decisions.
Overbought / Oversold Screener## Introduction
**The Versatile RSI and Stochastic Multi-Symbol Screener**
**Unlock a wealth of trading opportunities with this customizable screener, designed to pinpoint potential overbought and oversold conditions across 17 symbols, with alert support!**
## Description
This screener is suitable for tracking multiple instruments continuously.
With the screener, you can see the instant RSI or Stochastic values of the instruments you are tracking, and easily catch the moments when they are overbought / oversold according to your settings.
The purpose of the screener is to facilitate the continuous tracking of multiple instruments. The user can track up to 17 different instruments in different time intervals. If they wish, they can set an alarm and learn overbought oversold according to the values they set for the time interval of the instruments they are tracking.**
Key Features:
Comprehensive Analysis:
Monitors RSI and Stochastic values for 17 symbols simultaneously.
Automatically includes the current chart's symbol for seamless integration.
Supports multiple timeframes to uncover trends across different time horizons.
Personalized Insights:
Adjust overbought and oversold thresholds to align with your trading strategy.
Sort results by symbol, RSI, or Stochastic values to prioritize your analysis.
Choose between Automatic, Dark, or Light mode for optimal viewing comfort.
Dynamic Visual Cues:
Instantly highlights oversold and overbought symbols based on threshold levels.
Timely Alerts:
Stay informed of potential trading opportunities with alerts for multiple oversold or overbought symbols.
## Settings
### Display
**Timeframe**
The screener displays the values according to the selected timeframe. The default timeframe is "Chart". For example, if the timeframe is set to "15m" here, the screener will show the RSI and stochastic values for the 15-minute chart.
** Theme **
This setting is for changing the theme of the screener. You can set the theme to "Automatic", "Dark", or "Light", with "Automatic" being the default value. When the "Automatic" theme is selected, the screener appearance will also be automatically updated when you enable or disable dark mode from the TradingView settings.
** Position **
This option is for setting the position of the table on the chart. The default setting is "middle right". The available options are (top, middle, bottom)-(left, center, right).
** Sort By **
This option is for changing the sorting order of the table. The default setting is "RSI Descending". The available options are (Symbol, RSI, Stoch)-(Ascending, Descending).
It is important to note that the overbought and oversold coloring of the symbols may also change when the sorting order is changed. If RSI is selected as the sorting order, the symbols will be colored according to the overbought and oversold threshold values specified for RSI. Similarly, if Stoch is selected as the sorting order, the symbols will be colored according to the overbought and oversold threshold values specified for Stoch.
From this perspective, you can also think of the sorting order as a change in the main indicator.
### RSI / Stochastic
This area is for selecting the parameters of the RSI and stochastic indicators. You can adjust the values for "length", "overbought", and "oversold" for both indicators according to your needs. The screener will perform all RSI and stochastic calculations according to these settings. All coloring in the table will also be according to the overbought and oversold values in these settings.
### Symbols
The symbols to be tracked in the table are selected from here. Up to 16 symbols can be selected from here. Since the symbol in the chart is automatically added to the table, there will always be at least 1 symbol in the table. Note that the symbol in the chart is shown in the table with "(C)". For example, if SPX is open in the chart, it is shown as SPX(C) in the table.
## Alerts
The screener is capable of notifying you with an alarm if multiple symbols are overbought or oversold according to the values you specify along with the desired timeframe. This way, you can instantly learn if multiple symbols are overbought or oversold with one alarm, saving you time.
SuperTrend Multi Time Frame Long and Short Trading Strategy
Hello All
This is non-repainting Supertrend Multi Time Frame script, I got so many request on Supertrend with Multi Time Frame. This is for all of them ..I am making it open for all so you can change its coding according to your need.
How the Basic Indicator works
SuperTrend is one of the most common ATR based trailing stop indicators.
In this version you can change the ATR calculation method from the settings. Default method is RMA.
The indicator is easy to use and gives an accurate reading about an ongoing trend. It is constructed with two parameters, namely period and multiplier. The default values used while constructing a Supertrend indicator are 10 for average true range or trading period and three for its multiplier.
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility .
The buy and sell signals are generated when the indicator starts plotting either on top of the closing price or below the closing price. A buy signal is generated when the ‘Supertrend’ closes above the price and a sell signal is generated when it closes below the closing price.
It also suggests that the trend is shifting from descending mode to ascending mode. Contrary to this, when a ‘Supertrend’ closes above the price, it generates a sell signal as the colour of the indicator changes into red.
A ‘Supertrend’ indicator can be used on spot, futures, options or forex, or even crypto markets and also on daily, weekly and hourly charts as well, but generally, it fails in a sideways-moving market.
How the Strategy works
This is developed based on SuperTrend.
Use two time frame for confirm all entry signals.
Two time frame SuperTrend works as Trailing stop for both long and short positions.
More securely execute orders, because it is wait until confine two time frames(example : daily and 30min)
Each time frame developed as customisable for user to any timeframe.
User can choose trading position side from Long, Short, and Both.
Custom Stop Loss level, user can enter Stop Loss percentage based on timeframe using.
Multiple Take Profit levels with customisable TP price percentage and position size.
Back-testing with custom time frame.
This strategy is develop for specially for automation purpose.
The strategy includes:
Entry for Long and Short.
Take Profit.
Stop Loss.
Trailing Stop Loss.
Position Size.
Exit Signal.
Risk Management Feature.
Backtesting.
Trading Alerts.
Use the strategy with alerts
This strategy is alert-ready. All you have to do is:
Go on a pair you would like to trade
Create an alert
Select the strategy as a Trigger
Wait for new orders to be sent to you
This is develop for specially for automating trading on any exchange, if you need to get that automating service for this strategy or any Tradingview strategy or indicator please contact me I am have 8 year experience on that field.
I hope you enjoy it!
Thanks,
Ranga
KryptOkib Supply and Demand with AlertsAs the name suggests, this is a supply and demand indicator script with alerts that i have made based on sole price actions. I have used 3 different methods of identifying supply and demand zones and tested to make sure they work. Nonetheless some zones will fail as no strategy is 100% and some zone will fail due to other reasons.
How this works:
As a basic rule, demand and supply zones can easily be identified from the base of a drop to a rally or vice versa and the base of a rally to a new rally, hence rally base rally, drop base rally for demand zones and rally base drop and drop base drop for supply zones.
While that is true, i basically search for areas where demand/bulls overpower supply/bears and vice versa with a strong move away. So not all the base are a consideration in this script unless we see a clear sign of bulls overpowering bears, or say demand overpowering supply and bears overpowering bulls or say supply overpowering demand. Several rules has been put in place to identify and filter this out so you may have a Rally Base Drop get ignored by this indicator as it do not meet my requirement.
Once this pattern is detected by the script using either of the 3 price action methods, and then a breakout of the basing candles occurs, the indicator paints the candlestick that broke out of the range/base with a different color, which is blue for demand breakout candle, and orange for a supply breakdown candle as circled on the chart.
The algorithm makes sure that this breakout candles follow strict rules set by mean of which 1 is a very bullishly closing breakout candle for demand or a very bearishly closing candle for a supply, with a follow through candle which is the next trading period /candle.
it is strongly recommended that you wait for the close of the next candlestick before attempting to take the demand/supply zone formed as there are further calculations done on the follow through breakout candle to make sure the demand/supply is a good one, the candle might be painted before the close of the next candle but after the close, the paint will be removed due to the fact that the zone no longer meets strict criteria as defined by me.
It is also suggested that you use the alert function that comes with script and wait for the alert to come through before taking the demand if you cannot wait for the second breakout candle to close as the alert will be fired only on close of the second follow through breakout candle.
One of the strict rules is wanting to see strong bullish/bearish presence apart from the way the breakout candle closes, there are many rules to filter out ugly zones, even though some good zones get caught up in this as well.
Identification of Zones:
Demand Zone: the previous candle open or high(based on personal preference) will be the proximal, where you start to draw your demand zone and the low of the basing/ranging candles or swing low will be the distal, where you end your demand zone as seen on the chart. Stop loss goes under this.
Supply Zone: The previous candle open or low will be the proximal, where the supply zone starts and the high of the range/basing candles or swing will be the distal where the supply zone ends as seen on the chart. Stop loss goes above this
Note that some zones with a-lot of basing candles tend to fail, while some tend to work, i have not algorithmically filtered this as i prefer to examine with eyes the zones alerted to me and take the ones with lesser basing candles.
Generally, Rally Base Rally and Drop Base Drop zones are mostly weaker than the other type of zones but sometimes works perfectly.
How to use Alert Function:
- Go on the ticker you will like to set alert for
- Go on the timeframe you wish to be alerted for
- Right Click on the chart and select Add Alert or Alt + A (keyboard combination)
- Under Condition, click the arrow down and select "KryptOkib SAND"
- Under Options, select "Once Per Bar Close"
- Set Expiration and Alert Actions as you prefer.
- Click on "Create" Button
That is it.
You can repeat this process for all other tickers you wish to have alerts for and you will be notified once price movement has met the conditions outlined in the script.
This is an invite only indicator, to request access to it, kindly do the following:
- Add indicator to favorite
- Make Sure you follow me
- Send me a PM requesting access.
Once this is done and PM received, access will be granted.
Further updates will come along once there are changes to be made or new calculations to add.
Works on any market of choice.
TradeChartist PowerTrader ProTradeChartist PowerTrader Pro is a versatile Signal generator and Signal plotter on the main price chart based on signals from other compatible scripts like TradeChartist PowerTracer Pro . This elegantly designed script plots the following based on user preference.
BUY and SELL signals based on external compatible signal source
Automatic Targets if opted from settings
Trailing or Fixed Stop Loss based on user input
Take Profit % and Quantity to trade based on user input
PowerTrader Dashboard displaying 14 period RSI, Stoch and 20 EMA
Real-Time Gains Tracker displaying Max Gains and open PnL
Past Performance labels displaying Max Gains and Max Drawdown for each trade
Higher Highs since BUY and Lower Lows since SELL
Once the external Signal is connected to the script, the results based on signal backtester ( TradeChartist PowerTracer Pro Backtester ) can be used to optimise the settings to generate plots and also to set Alerts for the following.
Long and Short Signals
Long and Short Stop Loss Hit
Long and Short TP Hit
Move up/down Trailing SL
To create alerts, the user must choose PowerTrader Pro from the alert condition drop-down and choose the required alert. Since the signals are generated only after confirmation, "Once per bar" must be used for Alerts.
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This is not a free to use indicator. Get in touch with me (PM me directly if you would like trial access to test the indicator)
Premium Scripts - Trial access and Information
Trial access offered on all Premium scripts.
PM me directly to request trial access to the scripts or for more information.
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Bar's Body Extreme with AlertBar's Body Extreme with Alert measure volatility of bar's body and caculate extreme level in specified periods or custom level with alert. Detail options below:
1. Default Extreme Level
* Default level is the +/- highest volatility of bar's body in 100 periods
* Periods of bar to calculate default extreme adjustable
2. Custom Extreme
* Default Extreme Top auto disable if Custom Extreme Top >0
* Default Extreme Bottom auto disable if Custom Extreme Bottom <0
3. Alert
* Extreme alert: body's volatility > Extreme top level or body's volatility < Extreme bottom level
* Extreme Top Alert: body's volatility > Extreme top level
* Extreme Bottom Alert: body's volatility < Extreme bottom level
Full Range Trading Study with Alerts and DCA
Introduction
This is the study version of my range trading strategy. It is designed to be a “drop in” replacement for its twin strategy. I have replicated the analysis logic and entry and exit procedures to produce a nearly identical result set to the strategy. Other than the properties tab, the inputs dialog is exactly the same. Backtest the strategy to determine the best inputs to trade. Then apply the same inputs to this study to forward test. Alerts are available for trade entry, take profit close and stop-loss exit. Please see the strategy version for a complete description of the trading behavior of this script.
In brief, this script is intended to benefit from a range bound market. The trading behavior is to buy on weakness and sell on strength. As such trade orders are placed in a counter direction to price pressure. What you will see on the chart is a short position on peaks and a long position on valleys. This is accomplished by calculating pivot points from the price stream. Rising pivots are shorts and falling pivots are longs. I refer to pivots as a vertex in the inputs dialog box. The cone based measurement adds a peak, sides and a base to the calculation elements. This allows the inputs to focus on adjusting the location of trades and not just trend lines. The pivot points can be plotted on the backtest. You can use the vertex input values to move the pivots where you want trades to be. This script can be traded in four different modes: Long, Short, BiDir, and Ping Pong. When trading in “Ping Pong” mode long and short positions are intermingled continuously as long as there exists a detectable vertex. I also have a trend following version of this script for those not interested in trading the range.
This script employs a DCA feature which enables users to experiment with loss recovery techniques in the backtest. Here in the study the summary report displays the “Debt Sequence” number which can be used to manually increase the order size on subsequent trades at the broker. The script keeps track of debt incurred from losing trades. When the debt is recovered the “Debt Sequence” resets to zero so orders can return to the base size. Be sure to set the limiter to prevent your account from depleting capital during runaway markets.
Consecutive loss limit can be set to report a breach of the threshold value. Every stop hit beyond this limit will be reported on a version 4 label above the bar where the stop is hit. Use the consecutive loss limit to manually halt live trading on the broker side.
Design
This script uses twelve indicators on a single time frame and is approximately 1800 lines of Pine 4 code. The original trading algorithms are a port from a much larger program on another trading platform. I’ve converted some of the statistical functions to use standard indicators available on TradingView. The setups make heavy use of the Hull Moving Average in conjunction with EMAs that form the Bill Williams Alligator as described in his book “New Trading Dimensions” Chapter 3. Lag between the Hull and the EMAs form the basis of the entry and exit points. The vertices are calculated using one of five featured indicators: Volume, Histogram, Fractal, Candle and Macro. The backtest is used to determine the best fit for your desired trading instrument. The incorporation of five distinct pivot point calculations broadens the scope of the markets where this tool can be beneficial.
Example configurations for various instruments along with a detailed PDF user manual is available.
Indicator Repainting
Please see the strategy script for a more detailed description of the repaint problem. The goal of my repaint prevention in the study script is simply to ensure that my signal trading bias remains consistent between the strategy, study and broker. This script employs the following conventions in effort to avoid indicator repainting:
1. This script uses only 1 time frame. The chart interval.
2. Every entry and exit condition is evaluated on closed bars only.
3. Entry and exit plots are not triggered off trend line crossovers.
4. No security functions are called to avoid a look-ahead possibility.
5. Every contributing factor specified in the TradingView wiki regarding this issue has been addressed. Except the use of the exponential moving average which is essential to my strategy.
6. I’ve run a 10 minute chart live for a week and compared it to the same chart periodically reloaded. The two charts were highly correlated with no instances of completely opposite real-time signals
This script does indeed bring up the TradingView warning dialog. The only reason for this is due to “peculiarities of the algorithm” regarding the EMA as stated in the wiki article.
The Bottom Line. Does this script repaint. Yes, it will repaint about as much as every other trading platform which combines backtest data with real time prices in a live trading scenario.
Usage
Please be aware that the purpose of the study script is to perform forward testing of the configuration established in the backtest process. Therefore, the usage here in the study begins with the backtest configuration parameters. The following steps provide instructions to get this study script connected to the TradingView alert notification system. For a detailed description of how to create a range trading system using this script please see the strategy version.
Step 1. Create a chart with the trading instrument and interval used in the backtest.
Step 2. Find this script in the “Invite Only” section of the Indicators Dialog and apply it to the current chart.
Step 3. Copy the values from the backtest input dialog to the study.
Step 4. Open the TradingView Alert window.
Step 5. In the “Condition” drop down field find and select the name of the script.
Step 6. A new drop down field will appear with the alerts available in the script. This script exposes the following six signals:
Long Entry Signal
Long Profit Signal
Long Stop-loss Signal
Short Entry Signal
Short Profit Signal
Short Stop-loss Signal
Select the signal for which you want notification.
Step 7. In the “Options” field select the frequency of the alert. Typically, "Once Per Bar" or "Once Per Bar Close" will be sufficient.
Step 8. Set the expiration date and time.
Step 9. Select the action of the alert. Currently TradingView offers six different actions:
Notify on App
Show Popup
Send Email
Webhook URL
Play Sound
Send Email to SMS
Step 10. Create a message to to transmitted with the alert. The script provides a default message which can be overridden with any custom description. The price, time and other reserved chart elements can be included in the message
Step 11. Click the “Create” button to generate this single alert.
Step 12. Repeat steps 1 through 11 for every signal you wish to receive.
This script is open for beta testing. After successful beta test it will become a commercial application available by subscription only. I’ve invested quite a lot of time and effort into making this the best possible signal generator for all of the instruments I intend to trade. I certainly welcome any suggestions for improvements. Thank you all in advance.
High/Low Break & Volume Spike Alert📈 Signal Alert GPT
Multi-Condition Alert System for Technical Breakouts and Volume Spikes
This indicator generates alerts and visual markers for the following conditions:
🔺 High Breakout Alert: Price breaks above the latest pivot high (based on adjustable left/right bar counts).
🔻 Low Breakout Alert: Price breaks below the latest pivot low.
🔸 Volume Spike Alert: Volume exceeds a user-defined percentage of the average volume over the past N bars.
✅ Any Signal Alert: Triggers when any of the above conditions is met (simplified alert message).
Features:
White ▲ and ▼ markers for pivot lows and highs.
Red 🔸 marker on bars with a volume spike.
Fully customizable via input settings.
Alert toggles via checkboxes for user control.
Consolidated "Any Signal" alert to reduce alert setup effort.
Strong Levels (with Proximity Alerts)█ OVERVIEW
The "Strong Levels (with Proximity Alerts)" indicator offers a fresh approach to identifying support and resistance levels, inspired by the RexDog Trading System (RDTS). It pinpoints significant price reversals using a unique filtering method that reduces noise and enhances reliability. Paired with customizable ATR-based proximity alerts, this indicator empowers traders to track critical price zones with precision.
█ FEATURES
- Rooted in RDTS :
Inspired by the RexDog Trading System (RDTS), it highlights major pivot points where price executed sharp turnarounds, ensuring levels carry true market weight.
- Second-Highest/Lowest Open/Close Method :
Resistance levels use the *second-highest open/close* near pivot highs, while support levels use the *second-lowest open/close* near pivot lows—skipping extreme wicks for cleaner, more dependable lines.
- ATR-Driven Proximity Alerts :
Customizable proximity thresholds, calculated using the Average True Range (ATR), warn traders when price approaches key levels—a standout feature not found in most support/resistance indicators.
- Flexible Customization :
- Magnitude : Tweak pivot sensitivity (default: 10).
- Line Colors : Set resistance (red by default), support (green), and proximity (yellow) lines.
- Line Options : Adjust line origins, transparency for breached levels, and the maximum number of levels shown.
- ATR Settings : Fine-tune proximity sensitivity with ATR length and multiplier.
█ HOW TO USE
1. Add to Chart :
Find "Strong Levels (with Proximity Alerts)" in TradingView’s indicator library and apply it.
2. Read the Lines :
- Red Lines : Resistance, derived from the second-highest open/close near pivot highs.
- Green Lines : Support, based on the second-lowest open/close near pivot lows.
- Yellow Dashed Lines : Proximity thresholds (optional), signaling when price nears a level.
3. Customize :
- Raise `Magnitude` for stronger levels or lower it for more detail.
- Adjust colors, transparency, and max levels to fit your preferences.
- Toggle proximity thresholds on/off based on your trading style.
- Enabling *Plot Line from Actual Pivot Bar* offers a cleaner chart but may mislead as lines plot into the past.
4. Set Alerts :
- Open TradingView’s alert menu (the three dots ... dropdown menu next in indicator list has an option "Add alert on ...") and choose "Approaching Level" or "Level Touched.".
- Don't forget to choose the right Trigger condition, which by default is "Only Once". I usually set it to "Once Per Bar".
- Tailor alert conditions to your needs.
█ LIMITATIONS
- Past-Based Levels :
- Relying on historical pivots, it may not always forecast future moves, especially in rapid markets.
- The 'Plot Line from Actual Pivot Bar' option while visually appealing can imply historical significance that didn’t exist at the time. Be mindful of that.
- Volatility Sensitivity :
High volatility widens ATR-based thresholds, which might trigger alerts too soon.
- Display Management :
A cap on max levels avoids clutter, but tweaking `Max Levels` may be needed across timeframes.
█ ACCOMPANYING CHART
The chart showcases the indicator’s unique edge:
- A pivot high and low are flagged, with nearby bars highlighted.
- Resistance is plotted at the *second-highest open/close* around the pivot high, bypassing the highest wick.
- Support is set at the *second-lowest open/close* near the pivot low, ignoring the deepest wick.
- Yellow dashed proximity lines illustrate how the indicator warns traders as price nears these zones.
- Annotations clarify how skipping extreme wicks creates cleaner, more actionable levels.
█ HOW TO USE
1. Add to Chart :
Locate "Strong Levels (with Proximity Alerts)" in TradingView’s indicator library and apply it to your chart.
2. Read the Lines :
- Red Lines**: Resistance levels, calculated from the second-highest open/close near pivot highs.
- Green Lines : Support levels, derived from the second-lowest open/close near pivot lows.
- Yellow Dashed Lines : Optional proximity thresholds, alerting you when price nears a level.
3. Customize :
- Increase `Magnitude` for stronger, less frequent levels or decrease it for more granularity.
- Modify colors, transparency, or the maximum number of levels to suit your style.
- Enable or disable proximity thresholds as needed.
4. Set Alerts :
- Access TradingView’s alert menu and select "Approaching Level" or "Level Touched."
- Adjust conditions to match your trading preferences.
5. My Personal Approach :
I prefer using this indicator on higher timeframes, like hourly or daily charts. I adjust my `Magnitude`, so it doesn't trigger too often and set my alerts to trigger "Once Per Bar". When price nears a level, I get an alert and I anticipate a reaction but avoid placing limit orders blindly. Instead, I switch to smaller timeframes and combine it with other tools for confirmation before making a trade. This saves me a lot of screen time, and allows me to focus when it matters.
Long-Only MTF EMA Cloud StrategyOverview:
The Long-Only EMA Cloud Strategy is a powerful trend-following strategy designed to help traders identify and capitalize on bullish market conditions. By utilizing an Exponential Moving Average (EMA) Cloud, this strategy provides clear and reliable signals for entering long positions when the market trend is favorable. The EMA cloud acts as a visual representation of the trend, making it easier for traders to make informed decisions. This strategy is ideal for traders who prefer to trade in the direction of the trend and focus exclusively on long positions.
Key Features:
EMA Cloud:
The strategy uses two EMAs (short and long) to create a dynamic cloud.
The cloud is bullish when the short EMA is above the long EMA, indicating a strong upward trend.
The cloud is bearish when the short EMA is below the long EMA, indicating a downward trend or consolidation.
Long Entry Signals:
A long position is opened when the EMA cloud turns bullish, which occurs when the short EMA crosses above the long EMA.
This crossover signals a potential shift in market sentiment from bearish to bullish, providing an opportunity to enter a long trade.
Adjustable Timeframe:
The EMA cloud can be calculated on the same timeframe as the chart or on a higher/lower timeframe for multi-timeframe analysis.
This flexibility allows traders to adapt the strategy to their preferred trading style and time horizon.
Risk Management:
The strategy includes adjustable stop loss and take profit levels to help traders manage risk and lock in profits.
Stop loss and take profit levels are calculated as a percentage of the entry price, ensuring consistency across different assets and market conditions.
Alerts:
Built-in alerts notify you when a long entry signal is generated, ensuring you never miss a trading opportunity.
Alerts can be customized to suit your preferences, providing real-time notifications for potential trades.
Visualization:
The EMA cloud is plotted on the chart, providing a clear visual representation of the trend.
Buy signals are marked with a green label below the price bar, making it easy to identify entry points.
How to Use:
Add the Script:
Add the script to your chart in TradingView.
Set EMA Lengths:
Adjust the Short EMA Length and Long EMA Length in the settings to suit your trading style.
For example, you might use a shorter EMA (e.g., 21) for more responsive signals or a longer EMA (e.g., 50) for smoother signals.
Choose EMA Cloud Resolution:
Select the EMA Cloud Resolution (timeframe) for the cloud calculation.
You can choose the same timeframe as the chart or a different timeframe (higher or lower) for multi-timeframe analysis.
Adjust Risk Management:
Set the Stop Loss (%) and Take Profit (%) levels according to your risk tolerance and trading goals.
For example, you might use a 1% stop loss and a 2% take profit for a 1:2 risk-reward ratio.
Enable Alerts:
Enable alerts to receive notifications for long entry signals.
Alerts can be configured to send notifications via email, SMS, or other preferred methods.
Monitor and Trade:
Monitor the chart for buy signals and execute trades accordingly.
Use the EMA cloud as a visual guide to confirm the trend direction before entering a trade.
Ideal For:
Trend-Following Traders: This strategy is perfect for traders who prefer to trade in the direction of the trend and capitalize on sustained price movements.
Long-Only Traders: If you prefer to focus exclusively on long positions, this strategy provides a clear and systematic approach to identifying bullish opportunities.
Multi-Timeframe Analysts: The adjustable EMA cloud resolution allows you to analyze trends across different timeframes, making it suitable for both short-term and long-term traders.
Risk-Averse Traders: The inclusion of stop loss and take profit levels helps manage risk and protect your capital.
High-Impact News Events with ALERTHigh-Impact News Events with ALERT
This indicator is builds upon the original by adding alert capabilities, allowing traders to receive notifications before and after economic events to manage risk effectively.
This indicator is updated version of the Live Economic Calendar by @toodegrees ( ) which allows user to set alert for the news events.
Key Features
Customizable Alert Selection: Users can choose which impact levels to restrict (High, Medium, Low).
User-Defined Restriction Timing: Set alerts to X minutes before or after the event.
Real-Time Economic Event Detection: Fetches live news data from Forex Factory.
Multi-Event Support: Detects and processes multiple news events dynamically.
Automatic Trading Restriction: user can use this script to stop trades in news events.
Visual Markers:
Vertical dashed lines indicate the start and end of restriction periods.
Background color changes during restricted trading times.
Alerts notify traders during the news events.
How It Works
The user selects which news impact levels should restrict trading.
The script retrieves real-time economic event data from Forex Factory.
Trading can be restricted for X minutes before and after each event.
The script highlights restricted periods with a background color.
Alerts notify traders all time during the news events is active as per the defined time to prevent unexpected volatility exposure.
Customization Options
Choose which news impact levels (High, Medium, Low) should trigger trading restrictions.
Define time limits before and after each news event for restriction.
Enable or disable alerts for restricted trading periods.
How to Use
Apply the indicator to any TradingView chart.
Configure the news event impact levels you want to restrict.
Set the pre- and post-event restriction durations as needed.
The indicator will automatically apply restrictions, plot visual markers, and trigger alerts accordingly.
Limitations
This script relies on Forex Factory data and may have occasional update delays.
TradingView does not support external API connections, so data is updated through internal methods.
The indicator does not execute trades automatically; it only provides visual alerts and restriction signals.
Reference & Credit
This script is based on the Live Economic Calendar by @toodegrees ( ), adding enhanced pre- and post-event alerting capabilities to help traders prepare for market-moving news.
Disclaimer
This script is for informational purposes only and does not constitute financial advice. Users should verify economic data independently and exercise caution when trading around news events. Past performance is not indicative of future results.
PnF Fibonacci Levels with AlertsMy Pine Script indicator, "PnF Fibonacci Levels with Alerts," overlays on a trading chart to generate alerts based on Fibonacci levels in Point and Figure (PnF) charts.
Key Features:
Inputs and Initialization:
It uses a customizable Fibonacci level (set at 0.236) and initializes variables for tracking the high and low of O and X columns.
O Column Logic:
When the current column is identified as an O column (when the close is less than the open), it calculates the Fibonacci level based on the high and low of that column, drawing a line on the chart.
Buy Alert:
If the closing price of the previous bar is above the Fibonacci level of the O column, a buy alert is triggered.
X Column Logic:
If the current column is an X column and the close is above the previous O column's low, it captures the current high and low, calculates the Fibonacci level, and draws it on the chart.
Sell Alert:
A sell alert is triggered if the closing price of the X column is at or below the specified Fibonacci level.
This indicator aids traders by highlighting critical Fibonacci levels and providing timely alerts for potential buy and sell opportunities.
Anchored Auto Fibonacci Retracement with Alerts [ImaWrknMan]SYNOPSIS
Automatically generates a Fibonacci Retracement anchored to the candle of your choosing. As price moves further away from the anchor point, the fib levels automatically adjust to represent the entirety of the move.
BULLISH VS. BEARISH
It automatically detects if the Fibonacci Retracement should be drawn from the low or high of the anchored candle by considering the candles that follow (if they produce new highs, it will use the anchored candle low; if they produce new lows, it will use the anchored candle high).
MITIGATION
If the Fibonacci levels are fully retraced (i.e., price pulls back beyond the originating price), the levels will remain on the chart but it will no longer adjust as new candles form - it will become static.
OPTIONS
The following options are offered:
Extend Retracement Levels
The Fibonacci Retracement levels will extend beyond the last candle into the future. These extensions are visually represented using dashed lines.
Retracement Levels
Twelve levels are supported. The default levels mirror those used by the standard Fibonacci Retracement tool. Select only the levels you want to see on the chart. Line color can also be customized to your liking. You can optionally define an alert condition and alert message for each level (see "Alerts" below).
ALERTS
To receive an alert when price retraces into a level, check the "Alert" box to the right of that level. You can optionally define the text to display in the alert by entering it in the text box to the right of the alert checkbox. Levels with alerts will be marked on the chart with a "bell" symbol. Once you've selected the alerts you want to receive and (optionally) the text for each alert, create an Alert for the indicator.
NOTE: You do NOT need to create a separate Alert for each level.
Limitations
Alerts can only be defined for levels that fall between 0 and 1.
Once an alert is created, its settings are fixed. Any changes to the settings after the Alert is created will have no effect on the existing Alert. In this case, the Alert should be recreated.
Alert notifications will only be generated for visible levels.
Other Alerts
Alert on expansion - Use this alert option if you want to be notified when price moves further from the anchored price, causing the retracement levels to adjust. This is useful if you have Limit orders at current levels and you want to cancel or move them when the levels change.
"Alert on mitigation" - Use this alert option if you want to be notified when the Fibonacci Retracement has been fully retraced.
The code for this indicator was inspired by the Fibonacci Toolkit by LuxAlgo
