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Traded Range & True ATRBlack line = Trade Range from the last X periods. Red Line = 61.8% of black line value. Green bar = The current trade period range. Default Value = 21 (21 days = I business month) Generally speaking, a stock moves approximately the same value daily. Knowing the approximate value it likes to stay within calms the nerves when you see retracement of price occuring. IE. Price average = 1.00 in a day. It move .75 within first hour then retraces in the opposite direction. There are still hours left in the trade day, so it is trading in its value range in order to not over extend itself. This differs in calculation from the Wells Wilder version as it smooths out jumps and only examines the ranges between high and low. A good rule of thumb is. Stop Loss = Entry Price +/- (ATR * 1.5) Take Profit = (1) Entry Price +/- ATR - 50% exit (Set Trailing Stop @ Entry Value), (2) Entry Price +/- ATR * 2 (50% of remaining).
Indicatore Pine Script®
di priceprophet
3
RSI Multi Time Frame - Spot Panic Sell Moments and profit!Union of three RSI indicators: 1h, 4h and daily. In order to show 1h RSI, you have to set it as active time frame on the chart. Purpose: spot "triple oversold" moments, where all the three RSI are under the threshold, which is 30 by default but editable. Target Market: Cryptocurrencies. Didn't try it on other ones, may work as well. Fits Crypto well as, by experience, I can tell it usually doesn't stay oversold for long. When the market panics and triple oversold occurs, the spot is highlighted by a green vertical bar on the indicator. The indicator highlights triple overbought conditions as well (usually indicating strong FOMO), but I usually don't use it as a signal. I suggest to edit the oversold threshold in order to make it fit the coin you're studying, minimizing false positives. Special thanks to Heavy91, a Discord user, for inspiring me in this indicator. Any editing proposal is welcome! I reposted this script, as the first time I wrote it in Italian. Sorry for that.
Indicatore Pine Script®
di lukescream
4
Percent Difference Between VWAP and Price MTFShows the difference between vwap and price in percent. You can can choose between multiple timeframe vwap. Default is normal daily. The levels on the indicator can be changed to whatever you want to. In the chart above we can see eurusd reverting up at 3% below monthly vwap, after the brexit dip, It then turns down again at 1% from monthly and lastly it turns up again at 2% from monthly. Script is a small modification of this:
Indicatore Pine Script®
di TheYangGuizi
2
🚀 Ultimate Trading Tool + Strat Method🚀 Ultimate Trading Tool + Strat Method - Complete Breakdown Let me give you a comprehensive overview of this powerful indicator! 🎯 What This Indicator Does: This is a professional-grade, all-in-one trading system that combines two proven methodologies: 1️⃣ Technical Analysis System (Original) Advanced trend detection using multiple EMAs Momentum analysis with MACD RSI multi-timeframe analysis Volume surge detection Automated trendline drawing 2️⃣ Strat Method (Pattern Recognition) Inside bars, outside bars, directional bars Classic patterns: 2-2, 1-2-2 Advanced patterns: 3-1-2, 2-1-2, F2→3 Timeframe continuity filters 📊 How It Generates Signals: Technical Analysis Signals (Green/Red Triangles): Buy Signal Triggers When: ✅ Price above EMA 21 & 50 (uptrend) ✅ MACD histogram rising (momentum) ✅ RSI between 30-70 (not overbought/oversold) ✅ Volume surge above 20-period average ✅ Price breaks above resistance trendline Scoring System: Trend alignment: +1 point Momentum: +1 point RSI favorable: +1 point Trendline breakout: +2 points Minimum score required based on sensitivity setting Strat Method Signals (Blue/Orange Labels): Pattern Recognition: 2-2 Setup: Down bar → Up bar (or reverse) 1-2-2 Setup: Inside bar → Down bar → Up bar 3-1-2 Setup: Outside bar → Inside bar → Up bar 2-1-2 Setup: Down bar → Inside bar → Up bar F2→3 Setup: Failed directional bar becomes outside bar Confirmation Required: Must break previous bar's high (buy) or low (sell) Optional timeframe continuity (daily & weekly aligned) 💰 Risk Management Features: Dynamic Stop Loss & Take Profit: ATR-Based: Adapts to market volatility Stop Loss: Entry - (ATR × 1.5) by default Take Profit: Entry + (ATR × 3.0) by default Risk:Reward: Customizable 1:2 to 1:5 ratios Visual Risk Zones: Colored boxes show risk/reward area Dark, bold lines for easy identification Clear entry, stop, and target levels 🎨 What You See On Screen: Main Signals: 🟢 Green Triangle "BUY" - Technical analysis long signal 🔴 Red Triangle "SELL" - Technical analysis short signal 🎯 Blue Label "STRAT" - Strat method long signal 🎯 Orange Label "STRAT" - Strat method short signal Trendlines: Green lines - Support trendlines (bullish) Red lines - Resistance trendlines (bearish) Automatically drawn from pivot points Extended forward to predict future levels Stop/Target Levels: Bold crosses at stop loss levels (red color) Bold crosses at take profit levels (green color) Line width = 3 for maximum visibility Trade Zones: Light green boxes - Long trade risk/reward zone Light red boxes - Short trade risk/reward zone Shows potential profit vs risk visually 📊 Information Dashboard (Top Right): Shows real-time market conditions: Main Signal: Current technical signal status Strat Method: Active Strat pattern Trend: Bullish/Bearish/Neutral Momentum: Strong/Weak based on MACD Volume: High/Normal compared to average TF Continuity: Daily/Weekly alignment RSI: Current RSI value with color coding Support/Resistance: Current trendline levels 🔔 Alert System: Entry Alerts: Technical Signals: 🚀 BUY SIGNAL TRIGGERED! Type: Technical Analysis Entry: 45.23 Stop: 43.87 Target: 48.95 ``` **Strat Signals:** ``` 🎯 STRAT BUY TRIGGER! Pattern: 3-1-2 Entry: 45.23 Trigger Level: 44.56 Exit Alerts: Target hit notifications Stop loss hit warnings Helps maintain discipline ⚙️ Customization Options: Signal Settings: Sensitivity: High/Medium/Low (controls how many signals) Volume Filter: Require volume surge or not Momentum Filter: Require momentum confirmation Strat Settings: TF Continuity: Require daily/weekly alignment Pattern Selection: Enable/disable specific patterns Confirmation Mode: Show only confirmed triggers Risk Settings: ATR Multiplier: Adjust stop/target distance Risk:Reward: Set preferred ratio Visual Elements: Show/hide any component Visual Settings: Colors: Customize all signal colors Display Options: Toggle signals, levels, zones Trendline Length: Adjust pivot detection period 🎯 Best Use Cases: Day Trading: Use low sensitivity setting Enable all Strat patterns Watch for high volume signals Quick in/out trades Swing Trading: Use medium sensitivity Require timeframe continuity Focus on trendline breakouts Hold for target levels Position Trading: Use high sensitivity (fewer signals) Require strong momentum Focus on weekly/daily alignment Larger ATR multipliers 💡 Trading Strategy Tips: High-Probability Setups: Double Confirmation: Technical + Strat signal together Trend Alignment: All timeframes agree Volume Surge: Institutional participation Trendline Break: Clear level breakout Risk Management: Always use stops - System provides them Position sizing - Risk 1-2% per trade Don't chase - Wait for signal confirmation Take profits - System provides targets What Makes Signals Strong: ✅ Both technical AND Strat signals fire together ✅ Timeframe continuity (daily & weekly aligned) ✅ Volume surge confirms institutional interest ✅ Multiple indicators align (trend + momentum + RSI) ✅ Clean trendline breakout with no resistance above (or support below) ⚠️ Common Mistakes to Avoid: Don't ignore stops - System calculates them for a reason Don't overtrade - Wait for quality setups Don't disable volume filter - Unless you know what you're doing Don't use max sensitivity - You'll get too many signals Don't ignore timeframe continuity - It filters bad trades 🚀 Why This Indicator is Powerful: Combines Multiple Edge Sources: Technical analysis (trend, momentum, volume) Pattern recognition (Strat method) Risk management (dynamic stops/targets) Market structure (trendlines, support/resistance) Professional Features: No repainting - signals are final when bar closes Clear risk/reward before entry Multiple confirmation layers Adaptable to any market or timeframe Beginner Friendly: Clear visual signals Automatic calculations Built-in risk management Comprehensive dashboard This indicator essentially gives you everything a professional trader uses - trend analysis, momentum, patterns, volume, risk management - all in one clean package! Any specific aspect you'd like me to explain in more detail? 🎯RetryClaude can make mistakes. Please double-check responses. Sonnet 4.5
Indicatore Pine Script®
di jmslimus
Free Stock ScreenerMissing great trade opportunities is annoying, and unless you have 12 screens or only trade one market, you are missing a lot of trades. To fix that, we created this free stock screener so you get notified instantly of potential great trading conditions in real time, right on your chart. You get notified of trading benchmarks being met by the value being displayed on the scanner as well as a color change so that it grabs your attention and makes you aware that you should take a look at the other market and look for a potential trade. It also has built in alerts so you can have an alert notification go off when any of your trading conditions are met instead of needing to watch the scanner for color changes. The screener will change the ticker symbol background color to red green when price is above or below the previous daily range and above or below both VWAPs. This signals that the ticker is trending, which typically means it is a great time to trade that market and follow the trend. This free stock screener allows you to scan up to 10 different markets at the same time for various different conditions so you always know what is going on with your favorite trading symbols. If you want to scan more tickers, just add the indicator to your chart again and change the table position to the other side of the screen and update the tickers on the 2nd screener, allowing you to have 20 tickers at a time. The scanner can be fully customized by changing the markets that it screens and turning on or off as many of them as you would like. You can also turn on or off any of the different data sets so that you only get information about trading conditions that matter to you. The screener can provide data on any type of market, such as stocks, crypto, futures, forex and more. Each ticker can be adjusted to whatever market you would like it to scan for data in the settings panel, the only limitation is that it will not provide data for the VWAP and volume trend score if the ticker you are screening does not provide volume data. Screener Features The scanner will provide the following types of data for each ticker that is turned on: Volume - Provides a volume score compared to the average volume and notifies you of higher than normal volume and volume spikes on individual bars by changing colors. Volatility - Provides a volatility score compared to the average volatility and notifies you of higher than normal volatility by changing colors. Oscillator - Choose between the RSI or CCI. The value of that oscillator will be displayed and will notify you when values are in extreme ranges such as overbought or oversold conditions according to the threshold values you enter in the settings panel. When those thresholds have been breached, you will be notified by it changing color. Big Candles - Compares the current candle to average previous candle sizes, and changes color to notify you of big candles including a big top wick, big bottom wick, big candle body and big candle high to low range. Daily Level Touches & Trends - Calculates and displays various daily candle and intraday open price levels that act as support and resistance. Notifies you when price is touching any of the daily levels that are turned on. The levels you can have on are as follows: previous day high, previous day low or previous day open. It also will notify you when price is touching the current day’s open, NY 930am open, Asia 8pm open, London 2am open and NY midnight 12am open. It will also say “Above” if price is above the previous day’s high or it will say “Below” if price is below the previous day’s low. The color of the cell will also change when a level touch is happening or price is above the previous day high or below the previous day low. VWAP - Choose from 2 different VWAP lengths, default settings are daily and weekly VWAPs. You will get notified if price touches either of the VWAPs and they will also say “Above” or “Below” if price is currently above or below each VWAP. How To Use The Screener To Help You Trade The main purpose of the screener is to scan other markets and notify you of potential good trading opportunities such as price bouncing off of the daily levels or VWAPs. It can also be used to know when price is trending according to the VWAPs and daily levels. Lastly, you can use it to know how the volume and volatility trends are currently which gives you more confidence in taking a trade with this data when volume and volatility are present. Volume Score When volume is high, this represents a good time to trade because there are many market participants and price is likely to be volatile while there is high volume which can present a lot of good trade setups for you to take. The volume score shown on the screener measures the current volume trend compared to previous volume trends and calculates that into a score based on 100 being the same as the previous volume trend. So any value above 100 means it is high volume and any value less than 100 means it is lower volume than normal. In the settings panel, you can adjust the volume threshold that needs to be met for a volume notification to show up. The default setting is at 120, so you will get notified when the current volume trend score is 120 or higher or you can adjust that threshold value to whatever value you prefer. It also will notify you when there is a volume spike on the current bar. This is determined by calculating an average of the recent volume totals and then checking to see if the current bar is greater than or equal to that average multiplied by 3. So if a single bar has volume that is greater than 3 times what the average volume is, then you will get a notification that says “Spike” to make you aware of that volume spike. The volume trend threshold, volume spike multiplier and lookback length for the average volume used in volume spike calculations can all be adjusted in the settings panel to fit your desired preferences. Volatility Score High volatility can mean it is a great time to trade because the market is moving quickly and providing large enough movements that you can get in and out in a short amount of time, while still accruing decent sized trade PnL. The volatility score will calculate the current volatility for each market compared to previous conditions and then divide the current volatility by the average volatility to give you a volatility score. Anything over 100 means the market is decently volatile and you should look at that market to find potential trade setups to execute on. Anything below 100 means the market is not very volatile and it is usually best to just wait until volatility returns before you start trading again. The screener will notify you when the volatility score is above the threshold you set. The default value is set to 90, but can be adjusted to your preference. Pay attention to any market that shows an alert and take a look at that chart because the high volatility may present a good trade setup for you in the near future. Oscillator Score The oscillator data can be switched between Relative Strength Index(RSI) and Commodity Channel Index(CCI). The RSI provides a value between 0 and 100 that indicates the momentum and strength of the recent price action. Many traders use the extremes of the 0-100 range to signal overbought or oversold conditions and use that as a sign to look for price to reverse in the near future. The typical values used for this and the default settings to provide notifications are: 70 for overbought and 30 for oversold. The scanner will notify you when the RSI value is considered overbought or oversold so you know to take a look at the chart and analyze if it is ready for a trade to be taken. The CCI provides a value that can be used to determine the trend strength of the underlying asset when the oscillator moves above 100 or below -100. These extreme values are outside of the normal accumulation range and signify that price is moving strongly in that direction so it may be a good time to take a trade in the direction of the trend. The scanner will show you the value of the CCI for each market and notify you if that value is above 100 or below -100. Both RSI and CCI settings can be adjusted in the settings panel to your desired settings so you have the exact oscillator settings you prefer to use as well as the exact values that you want to use for being notified. Big Candles Big candles can mean that many traders are buying or selling at the same time and many times indicate a good signal to trade in that same direction. That is why we included this calculation in the screener, so you are always aware when a large candle prints. It calculates the average size of the recent candles and then uses that average as the benchmark to determine if the current candle is considered big and worthy of notifying you to take a look at that chart. You can adjust the multiplier used for the big candle threshold to whatever you desire, but the default setting is 3 which means the candle will be considered big and notify you if it is 3 times as large as an average candle. The big candles data will track the following candle values and notify you with these labels: High to Low candle size = HL Candle Body from open to close candle size = OC Top Wick size = TW Bottom Wick size = BW Daily Level Touches & Trend Daily level touches are excellent levels to watch for price to bounce because they often act as support and resistance levels for intraday trading. The scanner will track each market and notify you when the current candle is touching any of the daily levels that you have turned on in the settings panel. The main levels that are turned on by default and are useful for all markets and how they will be labeled on the scanner are as follows: Previous Day High = High Previous Day Low = Low Previous Day Open = < Open Previous Day Close = Close Current Day Open = Open We also included some extra levels that are useful for futures traders. They are as follows: NY 930am Open = 930am NY 12am Midnight Open = 12am Asia Open at 8pm NY time = Asia London Open at 2am NY Time = London Watch how price reacts to these levels and then trade the bounces off of these levels if the price action confirms that it is going to respect that level. When price is currently above the previous day high, the scanner will say “Above” and show a green color, indicating a bullish trend and that price is above the previous daily candle’s high. When price is currently below the previous day low, the scanner will say “Below” and show a red color, indicating a bearish trend and that price is below the previous daily candle’s low. Pay attention to when price is trending above or below the previous daily candle as those trends can provide excellent trend trading opportunities. The daily levels that you have turned on in the settings will also show as lines on the chart and include a label next to them, identifying each level so you know what each line represents. You can turn on or off all of the lines shown on the chart in the main settings or turn them off one by one in the style panel of the settings. Labels can also be turned on or off for all of the lines in the main settings panel. You can adjust the label positioning in the Label Offset section of the settings panel. VWAP Touches & Trend VWAP stands for volume weighted average price and is a very popular tool that traders use to determine trend direction based on volume as well as an excellent level to trade price bounces off of. The typical VWAP time period used is Daily, which means the volume weighted average price will reset at the beginning of a new day. We set the first VWAP to be the daily VWAP by default and the second one to be the weekly VWAP. You can adjust both of the time periods to be any of the provided time lengths that you choose. The screener will show “Above” with a green background color when price is above the VWAP, indicating a bullish trend. It will show “Below” with a red background color when price is below the VWAP, indicating a bearish trend. When both VWAPs are showing Above or Below, you can expect price to trend in that direction, so look for pullbacks you can trade in the direction of the trend. If the VWAPs are showing different directions, then you should expect to bounce back and forth between the VWAPs, but be careful and watch out for price to break beyond either one and start a trend. When the current candle is touching the VWAP, the scanner will change colors and say VWAP to notify you that price is touching the VWAP and you should look at that chart and analyze the market for a potential bounce off of the VWAP to trade. Trending Market Signals Strong trends are excellent markets to trade and can many times provide excellent trading opportunities that don’t require expert price action reading skills to be able to take winning trades from. That is why we included a signal to notify you of a strong trending market. The strong trending market will show up as a green or red background color for the ticker name. If the color of the ticker name is green, it is notifying you that the price is above the previous daily high, above VWAP 1 and above VWAP 2 and is a good market to look for bullish trend trades. If the color of the ticker name is red, it is notifying you that the price is below the previous daily low, below VWAP 1 and below VWAP 2 and is a good market to look for bearish trend trades. Changing The Tickers It Scans To change the tickers that the indicator scans, scroll near the bottom of the settings panel and select the ticker symbol you want to update and then search for the exact symbol you want to use. If you want to scan less tickers, then just turn some of the tickers off that you don’t need. Scanning More Than 10 Tickers If you want to scan more than 10 tickers, you can add the scanner to your chart again and then just change the table position to the other side of the screen. This will allow you to scan 10 more tickers that will show up separately. Then if you want even more, just add the indicator to your chart again and update the table position until you have as many markets as you want. The table position setting can be found at the bottom of the main settings panel. Alerts The screener has alerts that can be used to notify you when any of the data set thresholds have been met or if price is touching one of the levels. You can set alerts for the following events: Bullish Trend Alert - Price is above the previous daily high and above both VWAPs. Bearish Trend Alert - Price is below the previous daily low and below both VWAPs. High Volume Alert - Volume is higher than the threshold or a volume spike is detected. High Volatility Alert - Volatility is higher than the threshold. Oscillator Is Extended Alert - Oscillator value has exceeded the upper or lower threshold. Big Candle Alert - A big candle has been detected. Daily Level Touch Alert - One of the daily levels that is turned on is being touched. VWAP Touch Alert - One of the 2 VWAPs are being touched. An alert will trigger when any one of tickers on your scanner meets the alert conditions, so when you see the alert, you will need to go to your chart and look at the scanner to see which ticker it was and then navigate to that chart to look for potential trade setups. The alerts will use the exact same settings you have configured in the settings panel to send you alert notifications. With normal settings, this could give you a lot of alerts, so if you only want alerts to fire when abnormal conditions are being met, try setting up a second screener on your chart that has very high threshold values and only has the most important level touches on. Then turn the setting "Do Not Show The Screener On The Chart" to off so the calculations will still run and fire alerts, but won't clog up your charts. This way you can only get alert notifications when major events happen but still have your normal screener settings available on your chart. Markets This Can Be Used On This screener uses the price action and volume data so you can use it to scan any type of market you would like as long as the ticker you are scanning has price and volume data feeds. If a market does not have volume data, then it will just show NaN in the volume row and the VWAP rows will not show anything.
Indicatore Pine Script®
di FriendOfTheTrend
4
Candle Body Break (M/W/D/4H/1H)v5# Candle Body Break (M/W/D/4H/1H) Multi-Timeframe Indicator This indicator identifies and plots **Candle Body Breaks** across five key timeframes: Monthly (M), Weekly (W), Daily (D), 4-Hour (4H), and 1-Hour (1H). ## Core Logic: Candle Body Break The core concept is a break in the swing high/low defined by the body of the previous counter-trend candle(s). It focuses purely on **closing price breaks** of remembered highs/lows established by full candle bodies (close > open or close < open). 1. **Remembering the Swing:** * After a bullish break (upward trend), the indicator waits for the first **bearish (close < open) candle** to appear. This bearish candle's high (`rememberedHigh`) and low (`rememberedLow`) are saved as the **breakout level**. * Subsequent bearish candles that make a new low update this saved level, continuously adjusting the level to the most significant recent resistance/support established by the body's range. 2. **Executing the Break:** * **Bull Break (Long signal):** Occurs when a **bullish candle's closing price** exceeds the last remembered bearish high (`rememberedHigh`). * **Bear Break (Short signal):** Occurs when a **bearish candle's closing price** falls below the last remembered bullish low (`rememberedLow_Bull`). Once a break occurs, the memory is cleared, and the indicator waits for the next counter-trend candle to establish a new level. ## Features * **Multi-Timeframe Analysis:** Displays break lines and labels for M, W, D, 4H, and 1H timeframes on any chart. * **Timeframe Filtering:** Break lines are only shown for timeframes **equal to or higher** than the current chart timeframe (e.g., on a 4H chart, only 4H, D, W, and M breaks are displayed). * **Candidate Lines (Dotted Green):** Plots the current potential breakout level (the remembered high/low) that must be broken to trigger the next signal. * **Direction Table:** A table in the top right corner summarizes the latest break direction (⇧ Up / ⇩ Down) for all five timeframes. This can be optionally limited to the 4H chart only. * **1H Alert:** Triggers an alert when a 1-Hour break is detected. ## Input Settings Translation (for Mod Compliance) | English Input Text | Original Japanese Text | | :--- | :--- | | **Show Monthly Break Lines** | 月足ブレイクを描画する | | **Show Weekly Break Lines** | 週足ブレイクを描画する | | **Show Daily Break Lines** | 日足ブレイクを描画する | | **Show 4-Hour Break Lines** | 4時間足ブレイクを描画する | | **Show 1-Hour Break Lines** | 1時間足ブレイクを描画する | | **Show Monthly Candidate Lines** | 月足ブレイク候補ラインを描画する | | **Show Weekly Candidate Lines** | 週足ブレイク候補ラインを描画する | | **Show Daily Candidate Lines** | 日足ブレイク候補ラインを描画する | | **Show 4-Hour Candidate Lines** | 4時間足ブレイク候補ラインを描画する | | **Show 1-Hour Candidate Lines** | 1時間足ブレイク候補ラインを描画する | | **Show Only Current TF Candidate Lines** | チャート時間足の候補ラインのみ表示 | | **Show Table Only on 4H Chart** | テーブルを4Hチャートのみ表示 | *Please note: The default alert message "1-Hour Break Detected" is also in English.* ※日本語訳 ろうそく足実体ブレイク（M/W/D/4H/1H）マルチタイムフレーム・インジケーター（日本語訳） このインジケーターは、月足（M）、週足（W）、日足（D）、4時間足（4H）、1時間足（1H）の5つの主要な時間足におけるろうそく足実体ブレイクを検出し、プロットします。 コアロジック：ろうそく足実体ブレイク このロジックの中核は、直近の**逆行ろうそく足（カウンター・トレンド・キャンドル）**の実体によって定義されたスイングの高値/安値のブレイクです。終値が実体のレンジ外で確定することを純粋に追跡します。 スイングの記憶（Remembering the Swing）: 強気のブレイク（上昇トレンド）の後、インジケーターは最初に現れる弱気（終値＜始値）のろうそく足を待ちます。この弱気ろうそく足の高値（rememberedHigh）と安値（rememberedLow）が、ブレイクアウトレベルとして保存されます。 その後、安値を更新する弱気ろうそく足が続いた場合、この保存されたレベルが更新され、実体のレンジによって確立された最新の重要なレジスタンス/サポートにレベルが継続的に調整されます。 ブレイクの実行（Executing the Break）: ブルブレイク（買いシグナル）: 最後に記憶された弱気ろうそく足の高値（rememberedHigh）を、強気ろうそく足の終値が上回ったときに発生します。 ベアブレイク（売りシグナル）: 最後に記憶された強気ろうそく足の安値（rememberedLow_Bull）を、弱気ろうそく足の終値が下回ったときに発生します。 一度ブレイクが発生すると、記憶されたレベルはクリアされ、インジケーターは次の逆行ろうそく足が出現し、新しいレベルを確立するのを待ちます。 機能 マルチタイムフレーム分析: 現在のチャートの時間足に関わらず、M、W、D、4H、1Hのブレイクラインとラベルを表示します。 時間足フィルタリング: ブレイクラインは、現在のチャート時間足と同じか、それよりも上位の時間足のもののみが表示されます（例：4時間足チャートでは、4H、D、W、Mのブレイクのみが表示されます）。 候補ライン（緑の点線）: 次のシグナルをトリガーするためにブレイクされる必要がある、現在の潜在的なブレイクアウトレベル（記憶された高値/安値）をプロットします。 方向テーブル: 右上隅のテーブルに、5つの全時間足の最新のブレイク方向（⇧ 上昇 / ⇩ 下降）をまとめて表示します。これは、オプションで4時間足チャートのみに表示するように制限できます。 1時間足アラート: 1時間足のブレイクが検出されたときにアラートをトリガーします。 入力設定の翻訳 コード内の入力設定（UIテキスト）の日本語訳は以下の通りです。 英語の入力テキスト 日本語訳 Show Monthly Break Lines 月足ブレイクを描画する Show Weekly Break Lines 週足ブレイクを描画する Show Daily Break Lines 日足ブレイクを描画する Show 4-Hour Break Lines 4時間足ブレイクを描画する Show 1-Hour Break Lines 1時間足ブレイクを描画する Show Monthly Candidate Lines 月足ブレイク候補ラインを描画する Show Weekly Candidate Lines 週足ブレイク候補ラインを描画する Show Daily Candidate Lines 日足ブレイク候補ラインを描画する Show 4-Hour Candidate Lines 4時間足ブレイク候補ラインを描画する Show 1-Hour Candidate Lines 1時間足ブレイク候補ラインを描画する Show Only Current TF Candidate Lines チャート時間足の候補ラインのみ表示 Show Table Only on 4H Chart テーブルを4Hチャートのみ表示 Alert Message: 1-Hour Break Detected アラートメッセージ: 1時間足ブレイク発生
Indicatore Pine Script®
di hmp5below
India VIX Based Nifty/BankNifty Range Calculator (Auto Fetch)VIX-Based Expected Daily Range (Auto Volatility Forecast) Created by: Harshiv Symposium 📖 Purpose This indicator automatically fetches the India VIX value and calculates the expected daily price range for major Indian indices such as Nifty and BankNifty. It helps traders understand how much the market is likely to move today based on current volatility conditions. Designed for educational and analytical awareness, not for signals or profit-making systems. ⚙️ Core Logic Expected Daily Move (Range) = (India VIX × Current Index Price) ÷ Multiplier - Multiplier for Nifty: 1000 - Multiplier for BankNifty: 700 This calculation projects the 1-standard-deviation (≈ 68% probability) and 2-standard-deviation (≈ 95% probability) movement zones for the day. 📊 Example If India VIX = 15 and Nifty = 25,000: Expected Move ≈ (15 × 25,000) ÷ 1000 = 375 points Hence, - 68% Range: 24,625 – 25,375 - 95% Range: 24,250 – 25,750 This gives traders a realistic idea of daily volatility boundaries. 🧭 Key Features ✅ Auto-Fetch India VIX No need for manual input — automatically pulls live data from NSE:INDIAVIX. ✅ Dynamic Range Visualization Plots upper/lower boundaries for 1σ and 2σ probability zones with shaded expected-move area. ✅ Dashboard Panel Displays: - Current VIX - Expected Move (in points and %) - Upper and Lower Ranges ✅ Smart Alerts Alerts when price crosses upper or lower volatility range — potential breakout signal. 🎯 How It Helps Intraday Traders: Know the likely daily movement (e.g., ±220 pts on Nifty) and plan realistic targets or stops. Options Traders: Quickly assess whether it’s a seller-friendly (low VIX, small range) or buyer-friendly (high VIX, large range) session. Risk Managers: Use volatility context for stop-loss width and position sizing. Breakout Traders: If price breaks beyond the 2σ range → indicates potential volatility expansion. 💡 Interpretation Guide Condition Market Behavior Strategy Insight VIX ↓ ( < 14 ) Calm / Range-bound Option Selling Edge VIX ↑ ( > 20 ) Volatile Sessions Option Buying Edge Price within Range Stable Market Mean Reversion Setups Price breaks Range Volatility Expansion Breakout Trades ⚠️ Disclaimer This indicator is for educational and awareness purposes only. It does not generate buy/sell signals or guarantee returns. Always apply your own analysis and risk management.
Indicatore Pine Script®
di harshivsymposium
Luxy Momentum, Trend, Bias and Breakout Indicators V7 TABLE OF CONTENTS This is Version 7 (V7) - the latest and most optimized release. If you are using any older versions (V6, V5, V4, V3, etc.), it is highly recommended to replace them with V7. Why This Indicator is Different Who Should Use This Core Components Overview The UT Bot Trading System Understanding the Market Bias Table Candlestick Pattern Recognition Visual Tools and Features How to Use the Indicator Performance and Optimization FAQ --- ### CREDITS & ATTRIBUTION This indicator implements proven trading concepts using entirely original code developed specifically for this project. ### CONCEPTUAL FOUNDATIONS • UT Bot ATR Trailing System - Original concept by @QuantNomad: (search "UT-Bot-Strategy" - Our version is a complete reimplementation with significant enhancements: - Volume-weighted momentum adjustment - Composite stop loss from multiple S/R layers - Multi-filter confirmation system (swing, %, 2-bar, ZLSMA) - Full integration with multi-timeframe bias table - Visual audit trail with freeze-on-touch - NOTE: No code was copied - this is a complete reimplementation with enhancements. • Standard Technical Indicators (Public Domain Formulas): - Supertrend: ATR-based trend calculation with custom gradient fills - MACD: Gerald Appel's formula with separation filters - RSI: J. Welles Wilder's formula with pullback zone logic - ADX/DMI: Custom trend strength formula inspired by Wilder's directional movement concept, reimplemented with volume weighting and efficiency metrics - ZLSMA: Zero-lag formula enhanced with Hull MA and momentum prediction ### Custom Implementations - Trend Strength: Inspired by Wilder's ADX concept but using volume-weighted pressure calculation and efficiency metrics (not traditional +DI/-DI smoothing) - All code implementations are original ### ORIGINAL FEATURES (70%+ of codebase) - Multi-Timeframe Bias Table with live updates - Risk Management System (R-multiple TPs, freeze-on-touch) - Opening Range Breakout tracker with session management - Composite Stop Loss calculator using 6+ S/R layers - Performance optimization system (caching, conditional calcs) - VIX Fear Index integration - Previous Day High/Low auto-detection - Candlestick pattern recognition with interactive tooltips - Smart label and visual management - All UI/UX design and table architecture ### DEVELOPMENT PROCESS **AI Assistance:** This indicator was developed over 2+ months with AI assistance (ChatGPT/Claude) used for: - Writing Pine Script code based on design specifications - Optimizing performance and fixing bugs - Ensuring Pine Script v6 compliance - Generating documentation **Author's Role:** All trading concepts, system design, feature selection, integration logic, and strategic decisions are original work by the author. The AI was a coding tool, not the system designer. **Transparency:** We believe in full disclosure - this project demonstrates how AI can be used as a powerful development tool while maintaining creative and strategic ownership. --- 1. WHY THIS INDICATOR IS DIFFERENT Most traders use multiple separate indicators on their charts, leading to cluttered screens, conflicting signals, and analysis paralysis. The Suite solves this by integrating proven technical tools into a single, cohesive system. Key Advantages: All-in-One Design: Instead of loading 5-10 separate indicators, you get everything in one optimized script. This reduces chart clutter and improves TradingView performance. Multi-Timeframe Bias Table: Unlike standard indicators that only show the current timeframe, the Bias Table aggregates trend signals across multiple timeframes simultaneously. See at a glance whether 1m, 5m, 15m, 1h are aligned bullish or bearish - no more switching between charts. Smart Confirmations: The indicator doesn't just give signals - it shows you WHY. Every entry has multiple layers of confirmation (MA cross, MACD momentum, ADX strength, RSI pullback, volume, etc.) that you can toggle on/off. Dynamic Stop Loss System: Instead of static ATR stops, the SL is calculated from multiple support/resistance layers: UT trailing line, Supertrend, VWAP, swing structure, and MA levels. This creates more intelligent, price-action-aware stops. R-Multiple Take Profits: Built-in TP system calculates targets based on your initial risk (1R, 1.5R, 2R, 3R). Lines freeze when touched with visual checkmarks, giving you a clean audit trail of partial exits. Educational Tooltips Everywhere: Every single input has detailed tooltips explaining what it does, typical values, and how it impacts trading. You're not guessing - you're learning as you configure. Performance Optimized: Smart caching, conditional calculations, and modular design mean the indicator runs fast despite having 15+ features. Turn off what you don't use for even better performance. No Repainting: All signals respect bar close. Alerts fire correctly. What you see in history is what you would have gotten in real-time. What Makes It Unique: Integrated UT Bot + Bias Table: No other indicator combines UT Bot's ATR trailing system with a live multi-timeframe dashboard. You get precision entries with macro trend context. Candlestick Pattern Recognition with Interactive Tooltips: Patterns aren't just marked - hover over any emoji for a full explanation of what the pattern means and how to trade it. Opening Range Breakout Tracker: Built-in ORB system for intraday traders with customizable session times and real-time status updates in the Bias Table. Previous Day High/Low Auto-Detection: Automatically plots PDH/PDL on intraday charts with theme-aware colors. Updates daily without manual input. Dynamic Row Labels in Bias Table: The table shows your actual settings (e.g., "EMA 10 > SMA 20") not generic labels. You know exactly what's being evaluated. Modular Filter System: Instead of forcing a fixed methodology, the indicator lets you build your own strategy. Start with just UT Bot, add filters one at a time, test what works for your style. --- 2. WHO WHOULD USE THIS Designed For: Intermediate to Advanced Traders: You understand basic technical analysis (MAs, RSI, MACD) and want to combine multiple confirmations efficiently. This isn't a "one-click profit" system - it's a professional toolkit. Multi-Timeframe Traders: If you trade one asset but check multiple timeframes for confirmation (e.g., enter on 5m after checking 15m and 1h alignment), the Bias Table will save you hours every week. Trend Followers: The indicator excels at identifying and following trends using UT Bot, Supertrend, and MA systems. If you trade breakouts and pullbacks in trending markets, this is built for you. Intraday and Swing Traders: Works equally well on 5m-1h charts (day trading) and 4h-D charts (swing trading). Scalpers can use it too with appropriate settings adjustments. Discretionary Traders: This isn't a black-box system. You see all the components, understand the logic, and make final decisions. Perfect for traders who want tools, not automation. Works Across All Markets: Stocks (US, international) Cryptocurrency (24/7 markets supported) Forex pairs Indices (SPY, QQQ, etc.) Commodities NOT Ideal For : Complete Beginners: If you don't know what a moving average or RSI is, start with basics first. This indicator assumes foundational knowledge. Algo Traders Seeking Black Box: This is discretionary. Signals require context and confirmation. Not suitable for blind automated execution. Mean-Reversion Only Traders: The indicator is trend-following at its core. While VWAP bands support mean-reversion, the primary methodology is trend continuation. --- 3. CORE COMPONENTS OVERVIEW The indicator combines these proven systems: Trend Analysis: Moving Averages: Four customizable MAs (Fast, Medium, Medium-Long, Long) with six types to choose from (EMA, SMA, WMA, VWMA, RMA, HMA). Mix and match for your style. Supertrend: ATR-based trend indicator with unique gradient fill showing trend strength. One-sided ribbon visualization makes it easier to see momentum building or fading. ZLSMA : Zero-lag linear-regression smoothed moving average. Reduces lag compared to traditional MAs while maintaining smooth curves. Momentum & Filters: MACD: Standard MACD with separation filter to avoid weak crossovers. RSI: Pullback zone detection - only enter longs when RSI is in your defined "buy zone" and shorts in "sell zone". ADX/DMI: Trend strength measurement with directional filter. Ensures you only trade when there's actual momentum. Volume Filter: Relative volume confirmation - require above-average volume for entries. Donchian Breakout: Optional channel breakout requirement. Signal Systems: UT Bot: The primary signal generator. ATR trailing stop that adapts to volatility and gives clear entry/exit points. Base Signals: MA cross system with all the above filters applied. More conservative than UT Bot alone. Market Bias Table: Multi-timeframe dashboard showing trend alignment across 7 timeframes plus macro bias (3-day, weekly, monthly, quarterly, VIX). Candlestick Patterns: Six major reversal patterns auto-detected with interactive tooltips. ORB Tracker: Opening range high/low with breakout status (intraday only). PDH/PDL: Previous day levels plotted automatically on intraday charts. VWAP + Bands : Session-anchored VWAP with up to three standard deviation band pairs. --- 4. THE UT BOT TRADING SYSTEM The UT Bot is the heart of the indicator's signal generation. It's an advanced ATR trailing stop that adapts to market volatility. Why UT Bot is Superior to Fixed Stops: Traditional ATR stops use a fixed multiplier (e.g., "stop = entry - 2×ATR"). UT Bot is smarter: It TRAILS the stop as price moves in your favor It WIDENS during high volatility to avoid premature stops It TIGHTENS during consolidation to lock in profits It FLIPS when price breaks the trailing line, signaling reversals Visual Elements You'll See: Orange Trailing Line: The actual UT stop level that adapts bar-by-bar Buy/Sell Labels: Aqua triangle (long) or orange triangle (short) when the line flips ENTRY Line: Horizontal line at your entry price (optional, can be turned off) Suggested Stop Loss: A composite SL calculated from multiple support/resistance layers: - UT trailing line - Supertrend level - VWAP - Swing structure (recent lows/highs) - Long-term MA (200) - ATR-based floor Take Profit Lines: TP1, TP1.5, TP2, TP3 based on R-multiples. When price touches a TP, it's marked with a checkmark and the line freezes for audit trail purposes. Status Messages: "SL Touched ❌" or "SL Frozen" when the trade leg completes. How UT Bot Differs from Other ATR Systems: Multiple Filters Available: You can require 2-bar confirmation, minimum % price change, swing structure alignment, or ZLSMA directional filter. Most UT implementations have none of these. Smart SL Calculation: Instead of just using the UT line as your stop, the indicator suggests a better SL based on actual support/resistance. This prevents getting stopped out by wicks while keeping risk controlled. Visual Audit Trail: All SL/TP lines freeze when touched with clear markers. You can review your trades weeks later and see exactly where entries, stops, and targets were. Performance Options: "Draw UT visuals only on bar close" lets you reduce rendering load without affecting logic or alerts - critical for slower machines or 1m charts. Trading Logic: UT Bot flips direction (Buy or Sell signal appears) Check Bias Table for multi-timeframe confirmation Optional: Wait for Base signal or candlestick pattern Enter at signal bar close or next bar open Place stop at "Suggested Stop Loss" line Scale out at TP levels (TP1, TP2, TP3) Exit remaining position on opposite UT signal or stop hit --- 5. UNDERSTANDING THE MARKET BIAS TABLE This is the indicator's unique multi-timeframe intelligence layer. Instead of looking at one chart at a time, the table aggregates signals across seven timeframes plus macro trend bias. Why Multi-Timeframe Analysis Matters: Professional traders check higher and lower timeframes for context: Is the 1h uptrend aligning with my 5m entry? Are all short-term timeframes bullish or just one? Is the daily trend supportive or fighting me? Doing this manually means opening multiple charts, checking each indicator, and making mental notes. The Bias Table does it automatically in one glance. Table Structure: Header Row: On intraday charts: 1m, 5m, 15m, 30m, 1h, 2h, 4h (toggle which ones you want) On daily+ charts: D, W, M (automatic) Green dot next to title = live updating Headline Rows - Macro Bias: These show broad market direction over longer periods: 3 Day Bias: Trend over last 3 trading sessions (uses 1h data) Weekly Bias: Trend over last 5 trading sessions (uses 4h data) Monthly Bias: Trend over last 30 daily bars Quarterly Bias: Trend over last 13 weekly bars VIX Fear Index: Market regime based on VIX level - bullish when low, bearish when high Opening Range Breakout: Status of price vs. session open range (intraday only) These rows show text: "BULLISH", "BEARISH", or "NEUTRAL" Indicator Rows - Technical Signals: These evaluate your configured indicators across all active timeframes: Fast MA > Medium MA (shows your actual MA settings, e.g., "EMA 10 > SMA 20") Price > Long MA (e.g., "Price > SMA 200") Price > VWAP MACD > Signal Supertrend (up/down/neutral) ZLSMA Rising RSI In Zone ADX ≥ Minimum These rows show emojis: GREEB (bullish), RED (bearish), GRAY/YELLOW (neutral/NA) AVG Column: Shows percentage of active timeframes that are bullish for that row. This is the KEY metric: AVG > 70% = strong multi-timeframe bullish alignment AVG 40-60% = mixed/choppy, no clear trend AVG < 30% = strong multi-timeframe bearish alignment How to Use the Table: For a long trade: Check AVG column - want to see > 60% ideally Check headline bias rows - want to see BULLISH, not BEARISH Check VIX row - bullish market regime preferred Check ORB row (intraday) - want ABOVE for longs Scan indicator rows - more green = better confirmation For a short trade: Check AVG column - want to see < 40% ideally Check headline bias rows - want to see BEARISH, not BULLISH Check VIX row - bearish market regime preferred Check ORB row (intraday) - want BELOW for shorts Scan indicator rows - more red = better confirmation When AVG is 40-60%: Market is choppy, mixed signals. Either stay out or reduce position size significantly. These are low-probability environments. Unique Features: Dynamic Labels: Row names show your actual settings (e.g., "EMA 10 > SMA 20" not generic "Fast > Slow"). You know exactly what's being evaluated. Customizable Rows: Turn off rows you don't care about. Only show what matters to your strategy. Customizable Timeframes: On intraday charts, disable 1m or 4h if you don't trade them. Reduces calculation load by 20-40%. Automatic HTF Handling: On Daily/Weekly/Monthly charts, the table automatically switches to D/W/M columns. No configuration needed. Performance Smart: "Hide BIAS table on 1D or above" option completely skips all table calculations on higher timeframes if you only trade intraday. --- 6. CANDLESTICK PATTERN RECOGNITION The indicator automatically detects six major reversal patterns and marks them with emojis at the relevant bars. Why These Six Patterns: These are the most statistically significant reversal patterns according to trading literature: High win rate when appearing at support/resistance Clear visual structure (not subjective) Work across all timeframes and assets Studied extensively by institutions The Patterns: Bullish Patterns (appear at bottoms): Bullish Engulfing: Green candle completely engulfs prior red candle's body. Strong reversal signal. Hammer: Small body with long lower wick (at least 2× body size). Shows rejection of lower prices by buyers. Morning Star: Three-candle pattern (large red → small indecision → large green). Very strong bottom reversal. Bearish Patterns (appear at tops): Bearish Engulfing: Red candle completely engulfs prior green candle's body. Strong reversal signal. Shooting Star: Small body with long upper wick (at least 2× body size). Shows rejection of higher prices by sellers. Evening Star: Three-candle pattern (large green → small indecision → large red). Very strong top reversal. Interactive Tooltips: Unlike most pattern indicators that just draw shapes, this one is educational: Hover your mouse over any pattern emoji A tooltip appears explaining: what the pattern is, what it means, when it's most reliable, and how to trade it No need to memorize - learn as you trade Noise Filter: "Min candle body % to filter noise" setting prevents false signals: Patterns require minimum body size relative to price Filters out tiny candles that don't represent real buying/selling pressure Adjust based on asset volatility (higher % for crypto, lower for low-volatility stocks) How to Trade Patterns: Patterns are NOT standalone entry signals. Use them as: Confirmation: UT Bot gives signal + pattern appears = stronger entry Reversal Warning: In a trade, opposite pattern appears = consider tightening stop or taking profit Support/Resistance Validation: Pattern at key level (PDH, VWAP, MA 200) = level is being respected Best combined with: UT Bot or Base signal in same direction Bias Table alignment (AVG > 60% or < 40%) Appearance at obvious support/resistance --- 7. VISUAL TOOLS AND FEATURES VWAP (Volume Weighted Average Price): Session-anchored VWAP with standard deviation bands. Shows institutional "fair value" for the trading session. Anchor Options: Session, Day, Week, Month, Quarter, Year. Choose based on your trading timeframe. Bands: Up to three pairs (X1, X2, X3) showing statistical deviation. Price at outer bands often reverses. Auto-Hide on HTF: VWAP hides on Daily/Weekly/Monthly charts automatically unless you enable anchored mode. Use VWAP as: Directional bias (above = bullish, below = bearish) Mean reversion levels (outer bands) Support/resistance (the VWAP line itself) Previous Day High/Low: Automatically plots yesterday's high and low on intraday charts: Updates at start of each new trading day Theme-aware colors (dark text for light charts, light text for dark charts) Hidden automatically on Daily/Weekly/Monthly charts These levels are critical for intraday traders - institutions watch them closely as support/resistance. Opening Range Breakout (ORB): Tracks the high/low of the first 5, 15, 30, or 60 minutes of the trading session: Customizable session times (preset for NYSE, LSE, TSE, or custom) Shows current breakout status in Bias Table row (ABOVE, BELOW, INSIDE, BUILDING) Intraday only - auto-disabled on Daily+ charts ORB is a classic day trading strategy - breakout above opening range often leads to continuation. Extra Labels: Change from Open %: Shows how far price has moved from session open (intraday) or daily open (HTF). Green if positive, red if negative. ADX Badge: Small label at bottom of last bar showing current ADX value. Green when above your minimum threshold, red when below. RSI Badge: Small label at top of last bar showing current RSI value with zone status (buy zone, sell zone, or neutral). These labels provide quick at-a-glance confirmation without needing separate indicator windows. --- 8. HOW TO USE THE INDICATOR Step 1: Add to Chart Load the indicator on your chosen asset and timeframe First time: Everything is enabled by default - the chart will look busy Don't panic - you'll turn off what you don't need Step 2: Start Simple Turn OFF everything except: UT Bot labels (keep these ON) Bias Table (keep this ON) Moving Averages (Fast and Medium only) Suggested Stop Loss and Take Profits Hide everything else initially. Get comfortable with the basic UT Bot + Bias Table workflow first. Step 3: Learn the Core Workflow UT Bot gives a Buy or Sell signal Check Bias Table AVG column - do you have multi-timeframe alignment? If yes, enter the trade Place stop at Suggested Stop Loss line Scale out at TP levels Exit on opposite UT signal Trade this simple system for a week. Get a feel for signal frequency and win rate with your settings. Step 4: Add Filters Gradually If you're getting too many losing signals (whipsaws in choppy markets), add filters one at a time: Try: "Require 2-Bar Trend Confirmation" - wait for 2 bars to confirm direction Try: ADX filter with minimum threshold - only trade when trend strength is sufficient Try: RSI pullback filter - only enter on pullbacks, not chasing Try: Volume filter - require above-average volume Add one filter, test for a week, evaluate. Repeat. Step 5: Enable Advanced Features (Optional) Once you're profitable with the core system, add: Supertrend for additional trend confirmation Candlestick patterns for reversal warnings VWAP for institutional anchor reference ORB for intraday breakout context ZLSMA for low-lag trend following Step 6: Optimize Settings Every setting has a detailed tooltip explaining what it does and typical values. Hover over any input to read: What the parameter controls How it impacts trading Suggested ranges for scalping, day trading, and swing trading Start with defaults, then adjust based on your results and style. Step 7: Set Up Alerts Right-click chart → Add Alert → Condition: "Luxy Momentum v6" → Choose: "UT Bot — Buy" for long entries "UT Bot — Sell" for short entries "Base Long/Short" for filtered MA cross signals Optionally enable "Send real-time alert() on UT flip" in settings for immediate notifications. Common Workflow Variations: Conservative Trader: UT signal + Base signal + Candlestick pattern + Bias AVG > 70% Enter only at major support/resistance Wider UT sensitivity, multiple filters Aggressive Trader: UT signal + Bias AVG > 60% Enter immediately, no waiting Tighter UT sensitivity, minimal filters Swing Trader: Focus on Daily/Weekly Bias alignment Ignore intraday noise Use ORB and PDH/PDL less (or not at all) Wider stops, patient approach --- 9. PERFORMANCE AND OPTIMIZATION The indicator is optimized for speed, but with 15+ features running simultaneously, chart load time can add up. Here's how to keep it fast: Biggest Performance Gains: Disable Unused Timeframes: In "Time Frames" settings, turn OFF any timeframe you don't actively trade. Each disabled TF saves 10-15% calculation time. If you only day trade 5m, 15m, 1h, disable 1m, 2h, 4h. Hide Bias Table on Daily+: If you only trade intraday, enable "Hide BIAS table on 1D or above". This skips ALL table calculations on higher timeframes. Draw UT Visuals Only on Bar Close: Reduces intrabar rendering of SL/TP/Entry lines. Has ZERO impact on logic or alerts - purely visual optimization. Additional Optimizations: Turn off VWAP bands if you don't use them Disable candlestick patterns if you don't trade them Turn off Supertrend fill if you find it distracting (keep the line) Reduce "Limit to 10 bars" for SL/TP lines to minimize line objects Performance Features Built-In: Smart Caching: Higher timeframe data (3-day bias, weekly bias, etc.) updates once per day, not every bar Conditional Calculations: Volume filter only calculates when enabled. Swing filter only runs when enabled. Nothing computes if turned off. Modular Design: Every component is independent. Turn off what you don't need without breaking other features. Typical Load Times: 5m chart, all features ON, 7 timeframes: ~2-3 seconds 5m chart, core features only, 3 timeframes: ~1 second 1m chart, all features: ~4-5 seconds (many bars to calculate) If loading takes longer, you likely have too many indicators on the chart total (not just this one). --- 10. FAQ Q: How is this different from standard UT Bot indicators? A: Standard UT Bot (originally by @QuantNomad) is just the ATR trailing line and flip signals. This implementation adds: - Volume weighting and momentum adjustment to the trailing calculation - Multiple confirmation filters (swing, %, 2-bar, ZLSMA) - Smart composite stop loss system from multiple S/R layers - R-multiple take profit system with freeze-on-touch - Integration with multi-timeframe Bias Table - Visual audit trail with checkmarks Q: Can I use this for automated trading? A: The indicator is designed for discretionary trading. While it has clear signals and alerts, it's not a mechanical system. Context and judgment are required. Q: Does it repaint? A: No. All signals respect bar close. UT Bot logic runs intrabar but signals only trigger on confirmed bars. Alerts fire correctly with no lookahead. Q: Do I need to use all the features? A: Absolutely not. The indicator is modular. Many profitable traders use just UT Bot + Bias Table + Moving Averages. Start simple, add complexity only if needed. Q: How do I know which settings to use? A: Every single input has a detailed tooltip. Hover over any setting to see: What it does How it affects trading Typical values for scalping, day trading, swing trading Start with defaults, adjust gradually based on results. Q: Can I use this on crypto 24/7 markets? A: Yes. ORB will not work (no defined session), but everything else functions normally. Use "Day" anchor for VWAP instead of "Session". Q: The Bias Table is blank or not showing. A: Check: "Show Table" is ON Table position isn't overlapping another indicator's table (change position) At least one row is enabled "Hide BIAS table on 1D or above" is OFF (if on Daily+ chart) Q: Why are candlestick patterns not appearing? A: Patterns are relatively rare by design - they only appear at genuine reversal points. Check: Pattern toggles are ON "Min candle body %" isn't too high (try 0.05-0.10) You're looking at a chart with actual reversals (not strong trending market) Q: UT Bot is too sensitive/not sensitive enough. A: Adjust "Sensitivity (Key×ATR)". Lower number = tighter stop, more signals. Higher number = wider stop, fewer signals. Read the tooltip for guidance. Q: Can I get alerts for the Bias Table? A: The Bias Table is a dashboard for visual analysis, not a signal generator. Set alerts on UT Bot or Base signals, then manually check Bias Table for confirmation. Q: Does this work on stocks with low volume? A: Yes, but turn OFF the volume filter. Low volume stocks will never meet relative volume requirements. Q: How often should I check the Bias Table? A: Before every entry. It takes 2 seconds to glance at the AVG column and headline rows. This one check can save you from fighting the trend. Q: What if UT signal and Base signal disagree? A: UT Bot is more aggressive (ATR trailing). Base signals are more conservative (MA cross + filters). If they disagree, either: Wait for both to align (safest) Take the UT signal but with smaller size (aggressive) Skip the trade (conservative) There's no "right" answer - depends on your risk tolerance. --- FINAL NOTES The indicator gives you an edge. How you use that edge determines results. For questions, feedback, or support, comment on the indicator page or message the author. Happy Trading!
Indicatore Pine Script®
di orenluxy
10
Background Trend Follower by exp3rtsThe Background Trend Follower indicator visually highlights the market’s daily directional bias using subtle background colors. It calculates the price change from the daily open and shades the chart background according to the current intraday momentum. 🟢 Green background → Price is significantly above the daily open (strong bullish trend) 🔴 Red background → Price is significantly below the daily open (strong bearish trend) 🟡 Yellow background → Price is trading near the daily open (neutral or consolidating phase) The script automatically detects each new trading day. It records the opening price at the start of the day. As the session progresses, it continuously measures how far the current price has moved from that open. When the move exceeds ±50 points (custom threshold), the background color adapts to reflect the trend strength. Perfect for traders who want a quick visual sense of intraday bias — bullish, bearish, or neutral — without cluttering the chart with extra indicators.
Indicatore Pine Script®
di exp3rts
Daytrade Forex Scalper TwinPulse Auction Timer IndicatorWhat this indicator is TwinPulse Auction Timer is a multi component execution aid designed for liquid markets. It looks for two families of opportunities Breakouts that leave a compression area after a fresh sweep Reversals that trigger after a sweep with strong wick polarity It does not try to predict future prices. It measures present auction conditions with transparent rules and shows you when those conditions align. You get a simple table that says LONG SHORT or WAIT, optional session shading, clean entry and exit level visuals, and alerts you can wire to your workflow. Why it is different Most tools show a single signal. TwinPulse combines several independent signals into an Edge Score that you can tune. The components are • Pulse. A signed measure of wick asymmetry with candle body direction • Compression. Current true range compared with an average range • Sweep timer. Bars elapsed since the most recent sweep of a prior high or low • Bias. Direction of a higher timeframe candle • Regime. Efficiency ratio and the relation of micro to macro volatility • Location. Distance from the daily anchored VWAP • Session. London and New York filter by time windows Each component is visible in the inputs and in the table so you can understand why a suggestion appears. The script uses request.security() with lookahead off in all calls so it does not peek into the future. Shapes may move while a bar is open since price is still forming. They stop moving when the bar closes. What you will see on the chart • L and S shapes on entry bars • An Exit shape at the price where a stop or the runner target would have been hit • Four horizontal lines while a trade is active Entry Stop TP1 at one R TP2 at the runner target expressed in R • Labels anchored to each line so you can instantly read Entry SL TP1 and TP2 with current values • Optional shading during your session windows • Optional daily VWAP line The table in the top right shows Action LONG SHORT IN LONG IN SHORT or WAIT Session ON or OFF Bias UP DOWN or FLAT Pulse value Compression value Edge L percent and Edge S percent How it works in detail Pulse For each bar the script measures up wick minus down wick divided by range and multiplies that by the sign of the candle body. The result is averaged with pulse_len. Positive numbers indicate aggressive buying. Negative numbers indicate aggressive selling. You control the minimum absolute value with pulse_thr. Compression Compression is the ratio of current range to an average range. You can choose the range basis. HL SMA uses simple high minus low smoothed by range_len. ATR uses classic True Range smoothed by atr_len. Values below comp_thr indicate a coil. Sweeps and the timer A sweep occurs when price trades beyond the highest high or lowest low seen in the previous sweep_len bars. A strict sweep requires a close back inside that prior range. The timer measures how many bars have elapsed since the last sweep. Breakout setups require the timer to exceed timer_thr. Bias on a confirmation timeframe A higher timeframe candle is read with confirm_tf. If close is above open bias is UP. If close is below open bias is DOWN. This keeps breakouts aligned with the prevailing drift. Regime filters Efficiency ratio measures the straight line change over the sum of absolute bar to bar changes over er_len. It rises in trendy conditions and falls in noise. Minimum efficiency is controlled by er_min. Micro to macro volatility ratio compares a short lookback average range with a longer lookback average range using your chosen basis. For breakouts you usually want micro volatility to be near or above macro hence mvr_min. For reversals you often want micro volatility that is not overheated relative to macro hence mvr_max_rev. VWAP distance gate Daily anchored VWAP is rebuilt from the open of each session. The script computes the absolute distance from VWAP in units of your average range and requires that distance to exceed vwap_dist_thr when use_vwap_gate is true. This keeps entries away from the mean. Edge Score Each gate contributes a weight that you control. The script sums weights of the satisfied gates and divides by the sum of all weights to produce an Edge percent for long and an Edge percent for short. You can then require a minimum Edge percent using edge_min_pct. This turns the indicator into a step by step checklist that you can tune to your taste. Using the indicator step by step Choose markets and timeframes The logic is designed for liquid instruments. Major currency pairs, index futures and cash index CFDs, and the most liquid crypto pairs work well. On intraday use one to fifteen minutes for signals and fifteen to sixty minutes for confirmation. On swing use one hour to one day for signals and one day for confirmation. Decide on entry mode Breakouts require a compression area and a sweep timer. Reversals require a strict sweep and a strong pulse. If you are unsure leave the default which allows both. Pick a range basis For FX and crypto HL SMA is often stable. For indices and single name equities with gaps ATR can adapt better. If results look too reactive increase the window. If results are too slow reduce it. Tune regime filters If you trade trend continuation raise er_min and mvr_min. If you trade counter rotation lower them and rely on the reversal path with the strict sweep condition. Set the VWAP gate Enabling it helps you avoid entries at the mean. Push the threshold higher on range bound days. Reduce it in strong trend days. Table driven decision Watch Action and the Edge percents. If the script says WAIT you can read Pulse and Compression to see what is missing. Often the best trades appear when both Edge percents are well separated and your session switch is ON. Use the visuals When a suggestion triggers you will see entry stop and targets. You can mirror the levels in your own workflow or use alerts. Consider bar close Signals are computed in real time. For a strict process you can wait until the bar closes to reduce noise. Inputs explained with quick guidance Setup Signal TF chooses where the logic is computed. Leave blank to use the chart. Confirm TF sets the higher timeframe for bias. Session filter restricts signals to the London and New York windows you specify. Invert flips long and short. It is useful on inverse instruments. Logic options Entry mode allows Breakouts Reversals or Both. Average range basis selects HL SMA or ATR. ATR length is used when ATR is selected. Pulse source can be Regular OHLC or Heikin Ashi. Heikin Ashi smooths noisy series, but the script still runs on regular bars and you should publish and use it on standard candles to respect the platform guidance. Core numeric settings Sweep lookback controls the size of the liquidity pool targeted by the sweep condition. Pulse window smooths the wick polarity measure. Average range window controls your base range when you use HL SMA. Pulse threshold sets the minimum polarity required. Compression threshold sets the maximum current range relative to average to consider the market coiled. Expansion timer bars sets how much time has passed since the last sweep before you allow a breakout. Regime filters Efficiency ratio length and minimum value keep you out of aimless drift. Micro and Macro range lengths feed the micro to macro ratio. Minimum micro to macro for breakouts and maximum micro to macro for reversals steer the two entry families. VWAP gate and distance threshold keep you away from the mean. Levels and trade management visuals Runner target in R sets TP2 as a multiple of initial risk. Stop distance as average range multiple sets initial risk size for the visuals. Move stop to entry after one R touch turns on break even logic once price has traveled one risk unit. Trail buffer as R fraction uses the last sweep as an anchor and keeps a dynamic stop at a chosen fraction of R beyond it. Cooldown after exit prevents immediate re entries. Edge Score Weights for pulse compression timer bias efficiency ratio micro to macro VWAP gate and session let you align the checklist with your style. Minimum Edge percent to suggest applies a final filter to LONG or SHORT suggestions. UI Table and markers switch the compact dashboard and the shapes. TP and SL lines and labels draw and name each level. TP1 partial label percent is printed in the TP1 label for clarity. Session shading helps with focus. Daily VWAP line is optional. Alerts The script provides alerts for Long Short Exit and for Edge percent crossing the threshold on either side. Use them to drive notifications or to sync with webhooks and your broker integration. Alerts trigger in real time and will repaint during a bar. For conservative use trigger on bar close. Recommended presets Intraday trend continuation Confirm TF fifteen minutes Entry mode Breakouts Range basis HL SMA Pulse threshold near 0.10 Compression threshold near 0.60 Timer around 18 Minimum efficiency ratio near 0.20 Minimum micro to macro near 1.00 VWAP gate enabled with distance near 0.35 Edge minimum 50 or higher Intraday mean reversion at sweeps Entry mode Reversals Pulse source Regular OHLC Compression threshold can be a little higher Maximum micro to macro near 1.60 Efficiency ratio minimum lower near 0.12 VWAP gate enabled Edge minimum 40 to 60 Swing trend continuation Signal TF one hour Confirm TF one day Range basis ATR ATR length around 14 Average range window 20 to 30 Efficiency ratio minimum near 0.18 Micro to macro windows 12 and 60 Edge minimum 50 to 70 These are starting points only. Your instrument and timeframe will require small adjustments. Limitations and honest warnings No indicator is perfect. TwinPulse will mark attractive conditions that do not always lead to profitable trades. During economic releases or very thin liquidity the assumptions behind compression and sweeps may fail. In strong gap environments the HL SMA basis may lag while ATR may overreact. Heikin Ashi pulse can help in choppy markets but it will lag during sharp reversals. Session times use the exchange time of your chart. If you switch symbol or exchange verify the windows. Edge percent is not a probability of profit. It is the fraction of satisfied gates with your chosen weights. Two traders can set different weights and see different Edge readings on the same bar. That is the design. The score is a guide that helps you act with discipline. This indicator does not place orders or manage real risk. The lines and labels show a model entry a model stop and two model targets built from the average range at entry and from recent swing points. Use them as references and not as hard rules. Always test on historical data and demo first. Past results do not guarantee anything in the future. Credits and originality All code in this publication is original and written for this indicator. The concept of the efficiency ratio originates from Perry Kaufman. The use of a daily anchored volume weighted average price is a standard industry tool. The specific combination of pulse from wick polarity strict sweep timing compression and the tunable Edge Score is unique to this script at the time of publication. If you reuse parts of the open source code in your own work remember to credit the author and contribute meaningful improvements. How to read the table at a glance Action reflects your current state. IN LONG or IN SHORT appears while a trade is active. LONG or SHORT appears when conditions for entry are met and the Edge threshold is satisfied. WAIT appears when at least one gate is missing. Session shows ON during your chosen windows. Bias shows the color of the confirmation candle. Pulse is the smoothed polarity number. Comp shows current range divided by the average range. Values below one mean compression. Edge L percent and Edge S percent show the long and short checklists as percents. Final thoughts Markets move because orders accumulate at certain prices and at certain times. The indicator tries to measure two things that often matter at those turning points. One is the existence of a hidden imbalance revealed by wick polarity and by sweeps of prior extremes. The other is the presence of energy stored in a coil that can release in the direction of a drift. Neither force guarantees profit. Together they can improve your selection and your timing. Use the defaults for a few days so you learn the personality of the signals. After that adjust one group at a time. Start with the session filter and the Edge threshold. Then tune compression and the timer. Finally adjust the regime filters. Keep notes. You will learn which weights matter for your market and timeframe. The result is a process you can apply with consistency. Disclaimer This script and description are for education and analysis. They are not investment advice and they do not promise future results. Use at your own risk. Test thoroughly on historical data and in simulation before considering any live use.
Indicatore Pine Script®
di exlux
Keltner Channel Enhanced [DCAUT]█ Keltner Channel Enhanced 📊 ORIGINALITY & INNOVATION The Keltner Channel Enhanced represents an important advancement over standard Keltner Channel implementations by introducing dual flexibility in moving average selection for both the middle band and ATR calculation. While traditional Keltner Channels typically use EMA for the middle band and RMA (Wilder's smoothing) for ATR, this enhanced version provides access to 25+ moving average algorithms for both components, enabling traders to fine-tune the indicator's behavior to match specific market characteristics and trading approaches. Key Advancements: Dual MA Algorithm Flexibility: Independent selection of moving average types for middle band (25+ options) and ATR smoothing (25+ options), allowing optimization of both trend identification and volatility measurement separately Enhanced Trend Sensitivity: Ability to use faster algorithms (HMA, T3) for middle band while maintaining stable volatility measurement with traditional ATR smoothing, or vice versa for different trading strategies Adaptive Volatility Measurement: Choice of ATR smoothing algorithm affects channel responsiveness to volatility changes, from highly reactive (SMA, EMA) to smoothly adaptive (RMA, TEMA) Comprehensive Alert System: Five distinct alert conditions covering breakouts, trend changes, and volatility expansion, enabling automated monitoring without constant chart observation Multi-Timeframe Compatibility: Works effectively across all timeframes from intraday scalping to long-term position trading, with independent optimization of trend and volatility components This implementation addresses key limitations of standard Keltner Channels: fixed EMA/RMA combination may not suit all market conditions or trading styles. By decoupling the trend component from volatility measurement and allowing independent algorithm selection, traders can create highly customized configurations for specific instruments and market phases. 📐 MATHEMATICAL FOUNDATION Keltner Channel Enhanced uses a three-component calculation system that combines a flexible moving average middle band with ATR-based (Average True Range) upper and lower channels, creating volatility-adjusted trend-following bands. Core Calculation Process: 1. Middle Band (Basis) Calculation: The basis line is calculated using the selected moving average algorithm applied to the price source over the specified period: basis = ma(source, length, maType) Supported algorithms include EMA (standard choice, trend-biased), SMA (balanced and symmetric), HMA (reduced lag), WMA, VWMA, TEMA, T3, KAMA, and 17+ others. 2. Average True Range (ATR) Calculation: ATR measures market volatility by calculating the average of true ranges over the specified period: trueRange = max(high - low, abs(high - close ), abs(low - close )) atrValue = ma(trueRange, atrLength, atrMaType) ATR smoothing algorithm significantly affects channel behavior, with options including RMA (standard, very smooth), SMA (moderate smoothness), EMA (fast adaptation), TEMA (smooth yet responsive), and others. 3. Channel Calculation: Upper and lower channels are positioned at specified multiples of ATR from the basis: upperChannel = basis + (multiplier × atrValue) lowerChannel = basis - (multiplier × atrValue) Standard multiplier is 2.0, providing channels that dynamically adjust width based on market volatility. Keltner Channel vs. Bollinger Bands - Key Differences: While both indicators create volatility-based channels, they use fundamentally different volatility measures: Keltner Channel (ATR-based): Uses Average True Range to measure actual price movement volatility Incorporates gaps and limit moves through true range calculation More stable in trending markets, less prone to extreme compression Better reflects intraday volatility and trading range Typically fewer band touches, making touches more significant More suitable for trend-following strategies Bollinger Bands (Standard Deviation-based): Uses statistical standard deviation to measure price dispersion Based on closing prices only, doesn't account for intraday range Can compress significantly during consolidation (squeeze patterns) More touches in ranging markets Better suited for mean-reversion strategies Provides statistical probability framework (95% within 2 standard deviations) Algorithm Combination Effects: The interaction between middle band MA type and ATR MA type creates different indicator characteristics: Trend-Focused Configuration (Fast MA + Slow ATR): Middle band uses HMA/EMA/T3, ATR uses RMA/TEMA, quick trend changes with stable channel width, suitable for trend-following Volatility-Focused Configuration (Slow MA + Fast ATR): Middle band uses SMA/WMA, ATR uses EMA/SMA, stable trend with dynamic channel width, suitable for volatility trading Balanced Configuration (Standard EMA/RMA): Classic Keltner Channel behavior, time-tested combination, suitable for general-purpose trend following Adaptive Configuration (KAMA + KAMA): Self-adjusting indicator responding to efficiency ratio, suitable for markets with varying trend strength and volatility regimes 📊 COMPREHENSIVE SIGNAL ANALYSIS Keltner Channel Enhanced provides multiple signal categories optimized for trend-following and breakout strategies. Channel Position Signals: Upper Channel Interaction: Price Touching Upper Channel: Strong bullish momentum, price moving more than typical volatility range suggests, potential continuation signal in established uptrends Price Breaking Above Upper Channel: Exceptional strength, price exceeding normal volatility expectations, consider adding to long positions or tightening trailing stops Price Riding Upper Channel: Sustained strong uptrend, characteristic of powerful bull moves, stay with trend and avoid premature profit-taking Price Rejection at Upper Channel: Momentum exhaustion signal, consider profit-taking on longs or waiting for pullback to middle band for reentry Lower Channel Interaction: Price Touching Lower Channel: Strong bearish momentum, price moving more than typical volatility range suggests, potential continuation signal in established downtrends Price Breaking Below Lower Channel: Exceptional weakness, price exceeding normal volatility expectations, consider adding to short positions or protecting against further downside Price Riding Lower Channel: Sustained strong downtrend, characteristic of powerful bear moves, stay with trend and avoid premature covering Price Rejection at Lower Channel: Momentum exhaustion signal, consider covering shorts or waiting for bounce to middle band for reentry Middle Band (Basis) Signals: Trend Direction Confirmation: Price Above Basis: Bullish trend bias, middle band acts as dynamic support in uptrends, consider long positions or holding existing longs Price Below Basis: Bearish trend bias, middle band acts as dynamic resistance in downtrends, consider short positions or avoiding longs Price Crossing Above Basis: Potential trend change from bearish to bullish, early signal to establish long positions Price Crossing Below Basis: Potential trend change from bullish to bearish, early signal to establish short positions or exit longs Pullback Trading Strategy: Uptrend Pullback: Price pulls back from upper channel to middle band, finds support, and resumes upward, ideal long entry point Downtrend Bounce: Price bounces from lower channel to middle band, meets resistance, and resumes downward, ideal short entry point Basis Test: Strong trends often show price respecting the middle band as support/resistance on pullbacks Failed Test: Price breaking through middle band against trend direction signals potential reversal Volatility-Based Signals: Narrow Channels (Low Volatility): Consolidation Phase: Channels contract during periods of reduced volatility and directionless price action Breakout Preparation: Narrow channels often precede significant directional moves as volatility cycles Trading Approach: Reduce position sizes, wait for breakout confirmation, avoid range-bound strategies within channels Breakout Direction: Monitor for price breaking decisively outside channel range with expanding width Wide Channels (High Volatility): Trending Phase: Channels expand during strong directional moves and increased volatility Momentum Confirmation: Wide channels confirm genuine trend with substantial volatility backing Trading Approach: Trend-following strategies excel, wider stops necessary, mean-reversion strategies risky Exhaustion Signs: Extreme channel width (historical highs) may signal approaching consolidation or reversal Advanced Pattern Recognition: Channel Walking Pattern: Upper Channel Walk: Price consistently touches or exceeds upper channel while staying above basis, very strong uptrend signal, hold longs aggressively Lower Channel Walk: Price consistently touches or exceeds lower channel while staying below basis, very strong downtrend signal, hold shorts aggressively Basis Support/Resistance: During channel walks, price typically uses middle band as support/resistance on minor pullbacks Pattern Break: Price crossing basis during channel walk signals potential trend exhaustion Squeeze and Release Pattern: Squeeze Phase: Channels narrow significantly, price consolidates near middle band, volatility contracts Direction Clues: Watch for price positioning relative to basis during squeeze (above = bullish bias, below = bearish bias) Release Trigger: Price breaking outside narrow channel range with expanding width confirms breakout Follow-Through: Measure squeeze height and project from breakout point for initial profit targets Channel Expansion Pattern: Breakout Confirmation: Rapid channel widening confirms volatility increase and genuine trend establishment Entry Timing: Enter positions early in expansion phase before trend becomes overextended Risk Management: Use channel width to size stops appropriately, wider channels require wider stops Basis Bounce Pattern: Clean Bounce: Price touches middle band and immediately reverses, confirms trend strength and entry opportunity Multiple Bounces: Repeated basis bounces indicate strong, sustainable trend Bounce Failure: Price penetrating basis signals weakening trend and potential reversal Divergence Analysis: Price/Channel Divergence: Price makes new high/low while staying within channel (not reaching outer band), suggests momentum weakening Width/Price Divergence: Price breaks to new extremes but channel width contracts, suggests move lacks conviction Reversal Signal: Divergences often precede trend reversals or significant consolidation periods Multi-Timeframe Analysis: Keltner Channels work particularly well in multi-timeframe trend-following approaches: Three-Timeframe Alignment: Higher Timeframe (Weekly/Daily): Identify major trend direction, note price position relative to basis and channels Intermediate Timeframe (Daily/4H): Identify pullback opportunities within higher timeframe trend Lower Timeframe (4H/1H): Time precise entries when price touches middle band or lower channel (in uptrends) with rejection Optimal Entry Conditions: Best Long Entries: Higher timeframe in uptrend (price above basis), intermediate timeframe pulls back to basis, lower timeframe shows rejection at middle band or lower channel Best Short Entries: Higher timeframe in downtrend (price below basis), intermediate timeframe bounces to basis, lower timeframe shows rejection at middle band or upper channel Risk Management: Use higher timeframe channel width to set position sizing, stops below/above higher timeframe channels 🎯 STRATEGIC APPLICATIONS Keltner Channel Enhanced excels in trend-following and breakout strategies across different market conditions. Trend Following Strategy: Setup Requirements: Identify established trend with price consistently on one side of basis line Wait for pullback to middle band (basis) or brief penetration through it Confirm trend resumption with price rejection at basis and move back toward outer channel Enter in trend direction with stop beyond basis line Entry Rules: Uptrend Entry: Price pulls back from upper channel to middle band, shows support at basis (bullish candlestick, momentum divergence) Enter long on rejection/bounce from basis with stop 1-2 ATR below basis Aggressive: Enter on first touch; Conservative: Wait for confirmation candle Downtrend Entry: Price bounces from lower channel to middle band, shows resistance at basis (bearish candlestick, momentum divergence) Enter short on rejection/reversal from basis with stop 1-2 ATR above basis Aggressive: Enter on first touch; Conservative: Wait for confirmation candle Trend Management: Trailing Stop: Use basis line as dynamic trailing stop, exit if price closes beyond basis against position Profit Taking: Take partial profits at opposite channel, move stops to basis Position Additions: Add to winners on subsequent basis bounces if trend intact Breakout Strategy: Setup Requirements: Identify consolidation period with contracting channel width Monitor price action near middle band with reduced volatility Wait for decisive breakout beyond channel range with expanding width Enter in breakout direction after confirmation Breakout Confirmation: Price breaks clearly outside channel (upper for longs, lower for shorts), channel width begins expanding from contracted state Volume increases significantly on breakout (if using volume analysis) Price sustains outside channel for multiple bars without immediate reversal Entry Approaches: Aggressive: Enter on initial break with stop at opposite channel or basis, use smaller position size Conservative: Wait for pullback to broken channel level, enter on rejection and resumption, tighter stop Volatility-Based Position Sizing: Adjust position sizing based on channel width (ATR-based volatility): Wide Channels (High ATR): Reduce position size as stops must be wider, calculate position size using ATR-based risk calculation: Risk / (Stop Distance in ATR × ATR Value) Narrow Channels (Low ATR): Increase position size as stops can be tighter, be cautious of impending volatility expansion ATR-Based Risk Management: Use ATR-based risk calculations, position size = 0.01 × Capital / (2 × ATR), use multiples of ATR (1-2 ATR) for adaptive stops Algorithm Selection Guidelines: Different market conditions benefit from different algorithm combinations: Strong Trending Markets: Middle band use EMA or HMA, ATR use RMA, capture trends quickly while maintaining stable channel width Choppy/Ranging Markets: Middle band use SMA or WMA, ATR use SMA or WMA, avoid false trend signals while identifying genuine reversals Volatile Markets: Middle band and ATR both use KAMA or FRAMA, self-adjusting to changing market conditions reduces manual optimization Breakout Trading: Middle band use SMA, ATR use EMA or SMA, stable trend with dynamic channels highlights volatility expansion early Scalping/Day Trading: Middle band use HMA or T3, ATR use EMA or TEMA, both components respond quickly Position Trading: Middle band use EMA/TEMA/T3, ATR use RMA or TEMA, filter out noise for long-term trend-following 📋 DETAILED PARAMETER CONFIGURATION Understanding and optimizing parameters is essential for adapting Keltner Channel Enhanced to specific trading approaches. Source Parameter: Close (Most Common): Uses closing price, reflects daily settlement, best for end-of-day analysis and position trading, standard choice HL2 (Median Price): Smooths out closing bias, better represents full daily range in volatile markets, good for swing trading HLC3 (Typical Price): Gives more weight to close while including full range, popular for intraday applications, slightly more responsive than HL2 OHLC4 (Average Price): Most comprehensive price representation, smoothest option, good for gap-prone markets or highly volatile instruments Length Parameter: Controls the lookback period for middle band (basis) calculation: Short Periods (10-15): Very responsive to price changes, suitable for day trading and scalping, higher false signal rate Standard Period (20 - Default): Represents approximately one month of trading, good balance between responsiveness and stability, suitable for swing and position trading Medium Periods (30-50): Smoother trend identification, fewer false signals, better for position trading and longer holding periods Long Periods (50+): Very smooth, identifies major trends only, minimal false signals but significant lag, suitable for long-term investment Optimization by Timeframe: 1-15 minute charts use 10-20 period, 30-60 minute charts use 20-30 period, 4-hour to daily charts use 20-40 period, weekly charts use 20-30 weeks. ATR Length Parameter: Controls the lookback period for Average True Range calculation, affecting channel width: Short ATR Periods (5-10): Very responsive to recent volatility changes, standard is 10 (Keltner's original specification), may be too reactive in whipsaw conditions Standard ATR Period (10 - Default): Chester Keltner's original specification, good balance between responsiveness and stability, most widely used Medium ATR Periods (14-20): Smoother channel width, ATR 14 aligns with Wilder's original ATR specification, good for position trading Long ATR Periods (20+): Very smooth channel width, suitable for long-term trend-following Length vs. ATR Length Relationship: Equal values (20/20) provide balanced responsiveness, longer ATR (20/14) gives more stable channel width, shorter ATR (20/10) is standard configuration, much shorter ATR (20/5) creates very dynamic channels. Multiplier Parameter: Controls channel width by setting ATR multiples: Lower Values (1.0-1.5): Tighter channels with frequent price touches, more trading signals, higher false signal rate, better for range-bound and mean-reversion strategies Standard Value (2.0 - Default): Chester Keltner's recommended setting, good balance between signal frequency and reliability, suitable for both trending and ranging strategies Higher Values (2.5-3.0): Wider channels with less frequent touches, fewer but potentially higher-quality signals, better for strong trending markets Market-Specific Optimization: High volatility markets (crypto, small-caps) use 2.5-3.0 multiplier, medium volatility markets (major forex, large-caps) use 2.0 multiplier, low volatility markets (bonds, utilities) use 1.5-2.0 multiplier. MA Type Parameter (Middle Band): Critical selection that determines trend identification characteristics: EMA (Exponential Moving Average - Default): Standard Keltner Channel choice, Chester Keltner's original specification, emphasizes recent prices, faster response to trend changes, suitable for all timeframes SMA (Simple Moving Average): Equal weighting of all data points, no directional bias, slower than EMA, better for ranging markets and mean-reversion HMA (Hull Moving Average): Minimal lag with smooth output, excellent for fast trend identification, best for day trading and scalping TEMA (Triple Exponential Moving Average): Advanced smoothing with reduced lag, responsive to trends while filtering noise, suitable for volatile markets T3 (Tillson T3): Very smooth with minimal lag, excellent for established trend identification, suitable for position trading KAMA (Kaufman Adaptive Moving Average): Automatically adjusts speed based on market efficiency, slow in ranging markets, fast in trends, suitable for markets with varying conditions ATR MA Type Parameter: Determines how Average True Range is smoothed, affecting channel width stability: RMA (Wilder's Smoothing - Default): J. Welles Wilder's original ATR smoothing method, very smooth, slow to adapt to volatility changes, provides stable channel width SMA (Simple Moving Average): Equal weighting, moderate smoothness, faster response to volatility changes than RMA, more dynamic channel width EMA (Exponential Moving Average): Emphasizes recent volatility, quick adaptation to new volatility regimes, very responsive channel width changes TEMA (Triple Exponential Moving Average): Smooth yet responsive, good balance for varying volatility, suitable for most trading styles Parameter Combination Strategies: Conservative Trend-Following: Length 30/ATR Length 20/Multiplier 2.5, MA Type EMA or TEMA/ATR MA Type RMA, smooth trend with stable wide channels, suitable for position trading Standard Balanced Approach: Length 20/ATR Length 10/Multiplier 2.0, MA Type EMA/ATR MA Type RMA, classic Keltner Channel configuration, suitable for general purpose swing trading Aggressive Day Trading: Length 10-15/ATR Length 5-7/Multiplier 1.5-2.0, MA Type HMA or EMA/ATR MA Type EMA or SMA, fast trend with dynamic channels, suitable for scalping and day trading Breakout Specialist: Length 20-30/ATR Length 5-10/Multiplier 2.0, MA Type SMA or WMA/ATR MA Type EMA or SMA, stable trend with responsive channel width Adaptive All-Conditions: Length 20/ATR Length 10/Multiplier 2.0, MA Type KAMA or FRAMA/ATR MA Type KAMA or TEMA, self-adjusting to market conditions Offset Parameter: Controls horizontal positioning of channels on chart. Positive values shift channels to the right (future) for visual projection, negative values shift left (past) for historical analysis, zero (default) aligns with current price bars for real-time signal analysis. Offset affects only visual display, not alert conditions or actual calculations. 📈 PERFORMANCE ANALYSIS & COMPETITIVE ADVANTAGES Keltner Channel Enhanced provides improvements over standard implementations while maintaining proven effectiveness. Response Characteristics: Standard EMA/RMA Configuration: Moderate trend lag (approximately 0.4 × length periods), smooth and stable channel width from RMA smoothing, good balance for most market conditions Fast HMA/EMA Configuration: Approximately 60% reduction in trend lag compared to EMA, responsive channel width from EMA ATR smoothing, suitable for quick trend changes and breakouts Adaptive KAMA/KAMA Configuration: Variable lag based on market efficiency, automatic adjustment to trending vs. ranging conditions, self-optimizing behavior reduces manual intervention Comparison with Traditional Keltner Channels: Enhanced Version Advantages: Dual Algorithm Flexibility: Independent MA selection for trend and volatility vs. fixed EMA/RMA, separate tuning of trend responsiveness and channel stability Market Adaptation: Choose configurations optimized for specific instruments and conditions, customize for scalping, swing, or position trading preferences Comprehensive Alerts: Enhanced alert system including channel expansion detection Traditional Version Advantages: Simplicity: Fewer parameters, easier to understand and implement Standardization: Fixed EMA/RMA combination ensures consistency across users Research Base: Decades of backtesting and research on standard configuration When to Use Enhanced Version: Trading multiple instruments with different characteristics, switching between trending and ranging markets, employing different strategies, algorithm-based trading systems requiring customization, seeking optimization for specific trading style and timeframe. When to Use Standard Version: Beginning traders learning Keltner Channel concepts, following published research or trading systems, preferring simplicity and standardization, wanting to avoid optimization and curve-fitting risks. Performance Across Market Conditions: Strong Trending Markets: EMA or HMA basis with RMA or TEMA ATR smoothing provides quicker trend identification, pullbacks to basis offer excellent entry opportunities Choppy/Ranging Markets: SMA or WMA basis with RMA ATR smoothing and lower multipliers, channel bounce strategies work well, avoid false breakouts Volatile Markets: KAMA or FRAMA with EMA or TEMA, adaptive algorithms excel by automatic adjustment, wider multipliers (2.5-3.0) accommodate large price swings Low Volatility/Consolidation: Channels narrow significantly indicating consolidation, algorithm choice less impactful, focus on detecting channel width contraction for breakout preparation Keltner Channel vs. Bollinger Bands - Usage Comparison: Favor Keltner Channels When: Trend-following is primary strategy, trading volatile instruments with gaps, want ATR-based volatility measurement, prefer fewer higher-quality channel touches, seeking stable channel width during trends. Favor Bollinger Bands When: Mean-reversion is primary strategy, trading instruments with limited gaps, want statistical framework based on standard deviation, need squeeze patterns for breakout identification, prefer more frequent trading opportunities. Use Both Together: Bollinger Band squeeze + Keltner Channel breakout is powerful combination, price outside Bollinger Bands but inside Keltner Channels indicates moderate signal, price outside both indicates very strong signal, Bollinger Bands for entries and Keltner Channels for trend confirmation. Limitations and Considerations: General Limitations: Lagging Indicator: All moving averages lag price, even with reduced-lag algorithms Trend-Dependent: Works best in trending markets, less effective in choppy conditions No Direction Prediction: Indicates volatility and deviation, not future direction, requires confirmation Enhanced Version Specific Considerations: Optimization Risk: More parameters increase risk of curve-fitting historical data Complexity: Additional choices may overwhelm beginning traders Backtesting Challenges: Different algorithms produce different historical results Mitigation Strategies: Use Confirmation: Combine with momentum indicators (RSI, MACD), volume, or price action Test Parameter Robustness: Ensure parameters work across range of values, not just optimized ones Multi-Timeframe Analysis: Confirm signals across different timeframes Proper Risk Management: Use appropriate position sizing and stops Start Simple: Begin with standard EMA/RMA before exploring alternatives Optimal Usage Recommendations: For Maximum Effectiveness: Start with standard EMA/RMA configuration to understand classic behavior Experiment with alternatives on demo account or paper trading Match algorithm combination to market condition and trading style Use channel width analysis to identify market phases Combine with complementary indicators for confirmation Implement strict risk management using ATR-based position sizing Focus on high-quality setups rather than trading every signal Respect the trend: trade with basis direction for higher probability Complementary Indicators: RSI or Stochastic: Confirm momentum at channel extremes MACD: Confirm trend direction and momentum shifts Volume: Validate breakouts and trend strength ADX: Measure trend strength, avoid Keltner signals in weak trends Support/Resistance: Combine with traditional levels for high-probability setups Bollinger Bands: Use together for enhanced breakout and volatility analysis USAGE NOTES This indicator is designed for technical analysis and educational purposes. Keltner Channel Enhanced has limitations and should not be used as the sole basis for trading decisions. While the flexible moving average selection for both trend and volatility components provides valuable adaptability across different market conditions, algorithm performance varies with market conditions, and past characteristics do not guarantee future results. Key considerations: Always use multiple forms of analysis and confirmation before entering trades Backtest any parameter combination thoroughly before live trading Be aware that optimization can lead to curve-fitting if not done carefully Start with standard EMA/RMA settings and adjust only when specific conditions warrant Understand that no moving average algorithm can eliminate lag entirely Consider market regime (trending, ranging, volatile) when selecting parameters Use ATR-based position sizing and risk management on every trade Keltner Channels work best in trending markets, less effective in choppy conditions Respect the trend direction indicated by price position relative to basis line The enhanced flexibility of dual algorithm selection provides powerful tools for adaptation but requires responsible use, thorough understanding of how different algorithms behave under various market conditions, and disciplined risk management.
Indicatore Pine Script®
di DCAUT
MACD Enhanced [DCAUT]█ MACD Enhanced 📊 ORIGINALITY & INNOVATION The MACD Enhanced represents a significant improvement over traditional MACD implementations. While Gerald Appel's original MACD from the 1970s was limited to exponential moving averages (EMA), this enhanced version expands algorithmic options by supporting 21 different moving average calculations for both the main MACD line and signal line independently. This improvement addresses an important limitation of traditional MACD: the inability to adapt the indicator's mathematical foundation to different market conditions. By allowing traders to select from algorithms ranging from simple moving averages (SMA) for stability to advanced adaptive filters like Kalman Filter for noise reduction, this implementation changes MACD from a fixed-algorithm tool into a flexible instrument that can be adjusted for specific market environments and trading strategies. The enhanced histogram visualization system uses a four-color gradient that helps communicate momentum strength and direction more clearly than traditional single-color histograms. 📐 MATHEMATICAL FOUNDATION The core calculation maintains the proven MACD formula: Fast MA(source, fastLength) - Slow MA(source, slowLength), but extends it with algorithmic flexibility. The signal line applies the selected smoothing algorithm to the MACD line over the specified signal period, while the histogram represents the difference between MACD and signal lines. Available Algorithms: The implementation supports a comprehensive spectrum of technical analysis algorithms: Basic Averages: SMA (arithmetic mean), EMA (exponential weighting), RMA (Wilder's smoothing), WMA (linear weighting) Advanced Averages: HMA (Hull's low-lag), VWMA (volume-weighted), ALMA (Arnaud Legoux adaptive) Mathematical Filters: LSMA (least squares regression), DEMA (double exponential), TEMA (triple exponential), ZLEMA (zero-lag exponential) Adaptive Systems: T3 (Tillson T3), FRAMA (fractal adaptive), KAMA (Kaufman adaptive), MCGINLEY_DYNAMIC (reactive to volatility) Signal Processing: ULTIMATE_SMOOTHER (low-pass filter), LAGUERRE_FILTER (four-pole IIR), SUPER_SMOOTHER (two-pole Butterworth), KALMAN_FILTER (state-space estimation) Specialized: TMA (triangular moving average), LAGUERRE_BINOMIAL_FILTER (binomial smoothing) Each algorithm responds differently to price action, allowing traders to match the indicator's behavior to market characteristics: trending markets benefit from responsive algorithms like EMA or HMA, while ranging markets require stable algorithms like SMA or RMA. 📊 COMPREHENSIVE SIGNAL ANALYSIS Histogram Interpretation: Positive Values: Indicate bullish momentum when MACD line exceeds signal line, suggesting upward price pressure and potential buying opportunities Negative Values: Reflect bearish momentum when MACD line falls below signal line, indicating downward pressure and potential selling opportunities Zero Line Crosses: MACD crossing above zero suggests transition to bullish bias, while crossing below indicates bearish bias shift Momentum Changes: Rising histogram (regardless of positive/negative) signals accelerating momentum in the current direction, while declining histogram warns of momentum deceleration Advanced Signal Recognition: Divergences: Price making new highs/lows while MACD fails to confirm often precedes trend reversals Convergence Patterns: MACD line approaching signal line suggests impending crossover and potential trade setup Histogram Peaks: Extreme histogram values often mark momentum exhaustion points and potential reversal zones 🎯 STRATEGIC APPLICATIONS Comprehensive Trend Confirmation Strategies: Primary Trend Validation Protocol: Identify primary trend direction using higher timeframe (4H or Daily) MACD position relative to zero line Confirm trend strength by analyzing histogram progression: consistent expansion indicates strong momentum, contraction suggests weakening Use secondary confirmation from MACD line angle: steep angles (>45°) indicate strong trends, shallow angles suggest consolidation Validate with price structure: trending markets show consistent higher highs/higher lows (uptrend) or lower highs/lower lows (downtrend) Entry Timing Techniques: Pullback Entries in Uptrends: Wait for MACD histogram to decline toward zero line without crossing, then enter on histogram expansion with MACD line still above zero Breakout Confirmations: Use MACD line crossing above zero as confirmation of upward breakouts from consolidation patterns Continuation Signals: Look for MACD line re-acceleration (steepening angle) after brief consolidation periods as trend continuation signals Advanced Divergence Trading Systems: Regular Divergence Recognition: Bullish Regular Divergence: Price creates lower lows while MACD line forms higher lows. This pattern is traditionally considered a potential upward reversal signal, but should be combined with other confirmation signals Bearish Regular Divergence: Price makes higher highs while MACD shows lower highs. This pattern is traditionally considered a potential downward reversal signal, but trading decisions should incorporate proper risk management Hidden Divergence Strategies: Bullish Hidden Divergence: Price shows higher lows while MACD displays lower lows, indicating trend continuation potential. Use for adding to existing long positions during pullbacks Bearish Hidden Divergence: Price creates lower highs while MACD forms higher highs, suggesting downtrend continuation. Optimal for adding to short positions during bear market rallies Multi-Timeframe Coordination Framework: Three-Timeframe Analysis Structure: Primary Timeframe (Daily): Determine overall market bias and major trend direction. Only trade in alignment with daily MACD direction Secondary Timeframe (4H): Identify intermediate trend changes and major entry opportunities. Use for position sizing decisions Execution Timeframe (1H): Precise entry and exit timing. Look for MACD line crossovers that align with higher timeframe bias Timeframe Synchronization Rules: Daily MACD above zero + 4H MACD rising = Strong uptrend context for long positions Daily MACD below zero + 4H MACD declining = Strong downtrend context for short positions Conflicting signals between timeframes = Wait for alignment or use smaller position sizes 1H MACD signals only valid when aligned with both higher timeframes Algorithm Considerations by Market Type: Trending Markets: Responsive algorithms like EMA, HMA may be considered, but effectiveness should be tested for specific market conditions Volatile Markets: Noise-reducing algorithms like KALMAN_FILTER, SUPER_SMOOTHER may help reduce false signals, though results vary by market Range-Bound Markets: Stability-focused algorithms like SMA, RMA may provide smoother signals, but individual testing is required Short Timeframes: Low-lag algorithms like ZLEMA, T3 theoretically respond faster but may also increase noise Important Note: All algorithm choices and parameter settings should be thoroughly backtested and validated based on specific trading strategies, market conditions, and individual risk tolerance. Different market environments and trading styles may require different configuration approaches. 📋 DETAILED PARAMETER CONFIGURATION Comprehensive Source Selection Strategy: Price Source Analysis and Optimization: Close Price (Default): Most commonly used, reflects final market sentiment of each period. Best for end-of-day analysis, swing trading, daily/weekly timeframes. Advantages: widely accepted standard, good for backtesting comparisons. Disadvantages: ignores intraday price action, may miss important highs/lows HL2 (High+Low)/2: Midpoint of the trading range, reduces impact of opening gaps and closing spikes. Best for volatile markets, gap-prone assets, forex markets. Calculation impact: smoother MACD signals, reduced noise from price spikes. Optimal when asset shows frequent gaps, high volatility during specific sessions HLC3 (High+Low+Close)/3: Weighted average emphasizing the close while including range information. Best for balanced analysis, most asset classes, medium-term trading. Mathematical effect: 33% weight to high/low, 33% to close, provides compromise between close and HL2. Use when standard close is too noisy but HL2 is too smooth OHLC4 (Open+High+Low+Close)/4: True average of all price points, most comprehensive view. Best for complete price representation, algorithmic trading, statistical analysis. Considerations: includes opening sentiment, smoothest of all options but potentially less responsive. Optimal for markets with significant opening moves, comprehensive trend analysis Parameter Configuration Principles: Important Note: Different moving average algorithms have distinct mathematical characteristics and response patterns. The same parameter settings may produce vastly different results when using different algorithms. When switching algorithms, parameter settings should be re-evaluated and tested for appropriateness. Length Parameter Considerations: Fast Length (Default 12): Shorter periods provide faster response but may increase noise and false signals, longer periods offer more stable signals but slower response, different algorithms respond differently to the same parameters and may require adjustment Slow Length (Default 26): Should maintain a reasonable proportional relationship with fast length, different timeframes may require different parameter configurations, algorithm characteristics influence optimal length settings Signal Length (Default 9): Shorter lengths produce more frequent crossovers but may increase false signals, longer lengths provide better signal confirmation but slower response, should be adjusted based on trading style and chosen algorithm characteristics Comprehensive Algorithm Selection Framework: MACD Line Algorithm Decision Matrix: EMA (Standard Choice): Mathematical properties: exponential weighting, recent price emphasis. Best for general use, traditional MACD behavior, backtesting compatibility. Performance characteristics: good balance of speed and smoothness, widely understood behavior SMA (Stability Focus): Equal weighting of all periods, maximum smoothness. Best for ranging markets, noise reduction, conservative trading. Trade-offs: slower signal generation, reduced sensitivity to recent price changes HMA (Speed Optimized): Hull Moving Average, designed for reduced lag. Best for trending markets, quick reversals, active trading. Technical advantage: square root period weighting, faster trend detection. Caution: can be more sensitive to noise KAMA (Adaptive): Kaufman Adaptive MA, adjusts smoothing based on market efficiency. Best for varying market conditions, algorithmic trading. Mechanism: fast smoothing in trends, slow smoothing in sideways markets. Complexity: requires understanding of efficiency ratio Signal Line Algorithm Optimization Strategies: Matching Strategy: Use same algorithm for both MACD and signal lines. Benefits: consistent mathematical properties, predictable behavior. Best when backtesting historical strategies, maintaining traditional MACD characteristics Contrast Strategy: Use different algorithms for optimization. Common combinations: MACD=EMA, Signal=SMA for smoother crossovers, MACD=HMA, Signal=RMA for balanced speed/stability, Advanced: MACD=KAMA, Signal=T3 for adaptive behavior with smooth signals Market Regime Adaptation: Trending markets: both fast algorithms (EMA/HMA), Volatile markets: MACD=KALMAN_FILTER, Signal=SUPER_SMOOTHER, Range-bound: both slow algorithms (SMA/RMA) Parameter Sensitivity Considerations: Impact of Parameter Changes: Length Parameter Sensitivity: Small parameter adjustments can significantly affect signal timing, while larger adjustments may fundamentally change indicator behavior characteristics Algorithm Sensitivity: Different algorithms produce different signal characteristics. Thoroughly test the impact on your trading strategy before switching algorithms Combined Effects: Changing multiple parameters simultaneously can create unexpected effects. Recommendation: adjust parameters one at a time and thoroughly test each change 📈 PERFORMANCE ANALYSIS & COMPETITIVE ADVANTAGES Response Characteristics by Algorithm: Fastest Response: ZLEMA, HMA, T3 - minimal lag but higher noise Balanced Performance: EMA, DEMA, TEMA - good trade-off between speed and stability Highest Stability: SMA, RMA, TMA - reduced noise but increased lag Adaptive Behavior: KAMA, FRAMA, MCGINLEY_DYNAMIC - automatically adjust to market conditions Noise Filtering Capabilities: Advanced algorithms like KALMAN_FILTER and SUPER_SMOOTHER help reduce false signals compared to traditional EMA-based MACD. Noise-reducing algorithms can provide more stable signals in volatile market conditions, though results will vary based on market conditions and parameter settings. Market Condition Adaptability: Unlike fixed-algorithm MACD, this enhanced version allows real-time optimization. Trending markets benefit from responsive algorithms (EMA, HMA), while ranging markets perform better with stable algorithms (SMA, RMA). The ability to switch algorithms without changing indicators provides greater flexibility. Comparative Performance vs Traditional MACD: Algorithm Flexibility: 21 algorithms vs 1 fixed EMA Signal Quality: Reduced false signals through noise filtering algorithms Market Adaptability: Optimizable for any market condition vs fixed behavior Customization Options: Independent algorithm selection for MACD and signal lines vs forced matching Professional Features: Advanced color coding, multiple alert conditions, comprehensive parameter control USAGE NOTES This indicator is designed for technical analysis and educational purposes. Like all technical indicators, it has limitations and should not be used as the sole basis for trading decisions. Algorithm performance varies with market conditions, and past characteristics do not guarantee future results. Always combine with proper risk management and thorough strategy testing.
Indicatore Pine Script®
di DCAUT
Larry Williams Bonus Track PatternThis strategy trades the day immediately following an Inside Day, under specific directional and timing conditions. It is designed for daily-based setups but executed on intraday charts to ensure orders are placed exactly at the open of the following day, rather than at the daily bar close. Entry Conditions Only trades on Monday, Thursday, or Friday. The previous day must be an Inside Day (its high is lower than the prior high and its low is higher than the prior low). The bar before the Inside Day must be bullish (close > open). On the following day (t): The daily open must be below both the Inside Day’s high and the highest high of the two days before that. A buy stop is placed at the highest high of the three previous days (Inside Day and the two days before it). If the new day’s open is already above that level (gap up), the strategy enters long immediately at the open. Exit Rules Stop Loss: Fixed, defined in points or percentage (user input). FPO (First Profitable Open): the position is closed at the first daily open after the entry day where the open price is above the average entry price (the first profitable open). Notes The script must be applied on an intraday timeframe (e.g., 15-minute or 1-hour) so that the strategy can: Detect the Inside Day pattern using daily data (request.security). Execute orders in real time at the next day’s open. Running it directly on the daily timeframe will delay executions by one bar due to Pine Script’s evaluation model.
Strategia Pine Script®
di xtradernet
GRG/RGR Signal, MA, Ranges and PivotsThis indicator is a combination of several indicators. It is a combination of two of my indicators which I solely use for trading 1. EMA 10-20-50-200, Pivots and Previous Day/Week/Month range 2. 3/4-Bar GRG / RGR Pattern (Conditional 4th Candle) You can use them individually if you already have some of them or just use this one. Belive me when I say, this is all you need, along with market structure knowlege and even if you don’t have that, this indicator has been doing wonders for me. This is all I use. I do not use anything else. **Note - Do checkout the indicators individually as I have added valuable information in the comment section. It contains the following, 1. 10 EMA/SMA - configurable 2. 20 EMA/SMA - configurable 3. 50 EMA/SMA - configurable 4. 200 EMA/SMA - configurable 5. Previous Day's Range - configurable 6. Previous Week's Range - configurable 7. Previous Month's Range - configurable 8. Pivots - configurable 9. Buy Sell Signal - configurable The Moving Averages It is a very important combination and using it correctly with price action will strengthen your entries and exits. The ema's or sma's added are the most powerful ones and they do definitely act as support and resistance. The Daily/Weekly/Monthly Ranges The Daily/Weekly/Monthly ranges are extremely important for any trader and should be used for targets and reversals. Pivots Pivots can provide support and resistance level. R5 and S5 can be used to check for over stretched conditions. You can customise them however you like. It is a full pivot indicator. It is defaulted to show R5 and S5 only to reduce noise in the chart but it can be customised. The 3/4 RGR or GRG Signal Generator Combined with a 3/4 RGR or GRG setup can be all a trader needs. You don't need complex strategies and SMC concepts to trade. Simple EMAs, ranges and RGR/GRG setup is the most winning combination. This indicator can be used to identify the Green-Red-Green or Red-Green-Red pattern. It is a price action indicator where a price action which identifies the defeat of buyers and sellers. If the buyers comprehensively defeat the sellers then the price moves up and if the sellers defeat the buyers then the price moves down. In my trading experience this is what defines the price movement. It is a 3 or 4 candle pattern, beyond that i.e, 5 or more candles could mean a very sideways market and unnecessary signal generation. How does it work? Upside/Green signal 1. Say candle 1 is Green, which means buyers stepped in, then candle 2 is Red or a Doji, that means sellers brought the price down. Then if candle 3 is forming to be Green and breaks the closing of the 1st candle and opening of the 2nd candle, then a green arrow will appear and that is the place where you want to take your trade. 2. Here the buyers defeated the sellers. 3. Sometimes candle 3 falls short but candle 4 breaks candle 1's closing and candle 2's opening price. We can enter on candle 4. 4. Important - We need to enter the trade as soon as the price moves above the candle 1 and 2's body and should not wait for the 3rd or 4th candle to close. Ignore wicks. 5. But for a more optimised entry I have added an option to use candle’s highs and lows instead of open and close. This reduces lot of noise and provides us with more precise entry. This setting is turned on by default. 6. I have restricted it to 4 candles and that is all that is needed. More than that is a longer sideways market. 7. I call it the +-+ or GRG pattern or Green-Red-Green or Buyer-Seller-Buyer or Seller defeated or just Buyer pattern. 8. Stop loss can be candle 2's mid for safe traders (that includes me) or candle 2's body low for risky traders. 9. Back testing suggests that body low will be useless and result in more points in loss because for the bigger move this point will not be touched, so why not get out faster. Downside/Red signal 1. Say candle 1 is Red, which means sellers stepped in, then candle 2 is Green or a Doji, that means buyers took the price up. Then if candle 3 is forming to be Red and breaks the closing of the 1st candle and opening of the 2nd candle then a Red arrow will appear and that is the place where you want to take your trade. 2. Sometimes candle 3 falls short but candle 4 breaks candle 1's closing and candle 2's opening price. We can enter on candle 4. 3. We need to enter the trade as soon as the price moves below the candle 1 and 2's body and should not wait for the 3rd or 4th candle to close. 4. But for a more optimised entry I have added an option to use candle’s highs and lows instead of open and close. This reduces lot of noise and provides us with more precise entry. This setting is turned on by default. 5. I have restricted it to 4 candles and that is all that is needed. More than that is a longer sideways market. 6. I call it the -+- or RGR pattern or Red-Green-Red or Seller-Buyer-Seller or Buyer defeated or just Seller pattern. 7. Stop loss can be candle 2's mid for safe traders ( that includes me) or candle 2's body high for risky traders. 8. Back testing suggests that body high will be useless and result in more points in loss because for the bigger move this point will not be touched, so why not get out faster. Combining Indicators and Signal Combining these indicators with GRG/RGR signal can be very powerful and can provide big moves. 1. MA crossover and Signal - This is very powerful and provides a very big move. Trades can be held for longer. If after taking the trade we notice that the MA crossover has happened then trades can be held for higher targets. 2. Pivots and Signal - Pivots and add a support or resistance point. Take profits on these points. R5/S5 are over streched conditions so we can start looking for reversal signals and ignore other signals 3. Intraday Range - first 1, 5, 15 min of the day - Sideways days is when price will stay in these ranges. You can take profits at these ranges or if the range is broken and we get a signal, then it can mean that the direction will be sustained. 4. Previous Day/Week/Month Ranges - These can be used as Take Profit points if the price is moving towards them after getting the signal. If the range is broken and we get a signal then it can be a strong signal. They can also be used as reversal points if a strong signal is generated. Important Settings 1. Include 4th Candle Confirmation - You can enable or disable the 4th candle signal to avoid the noise, but at times I have noticed that the 4th candle gives a very strong signal or I can say that the strong signal falls on the 4th candle. This is mostly a coincidence. 2. Bars to check (default 10) - You can also configure how many previous bars should the signal be generated for. 10 to 30 is good enough. To backtest increase it to 2000 or 5000 for example. 3. Use Candle High/Low for confirmation instead of Candle Open/Close - More optimized entry and noise reduction. This option is now defaulted to false. 4. Show Green-Red-Green (bull) signals - Show only bull entries. Useful when I have a predefined view i.e, I know market is going to go up today. 5. Show Red-Green-Red (bear) signals - Show only bear entries. Useful when I have a predefined view i.e, I know market is going to go down today. 6. 3rd candle should be a Strong candle before considering 4th candle - This will enforce additional logic in 4 candle setup that the 3rd candle is the candle in our direction of breakout. This means something like GRGG is mandatory, which is still the default behaviour. If disabled, the 3rd candle can be any candle and 4th candle will act as our breakout candle. This behaviour has led to breakouts and breakdowns as times, hence I added this as a separate feature. Vice-versa for a RGGR. For a 4 candle setup till now we were expecting GRGG or RGRR but we can let the system ignore the 3rd candle completely if needed. This will result in additional signals. 7. Three intraday ranges added for index and stock traders - 1 min, 5 min and 15 min ranges will be displayed. These are disabled by default except 15 min. These are very important ranges and in sideways days the price will usually move within the 15 min. A breakout of this range and a positive signal can be a very powerful setup. Safe traders can avoid taking a trade in this range as it can lead to fakeouts. The line style, width, color and opacity are configurable. Pointers/Golden Rules 1. If after taking the trade, the next candle moves in your direction and closes strong bullish or bearish, then move SL to break even and after that you can trail it. 2. If a upside trade hits SL and immediately a down side trade signal is generated on the next candle then take it. Vice versa is true. 3. Trades need to be taken on previous 2 candle's body high or low combined and not the wicks. 4. The most losses a trader takes is on a sideways day and because in our strategy the stop loss is so small that even on a sideways day we'll get out with a little profit or worst break even. 5. Hold trades for longer targets and don't panic. 6. If last 3-4 days have been sideways then there is a good probability that today will be trending so we can hold our trade for longer targets. Inverse is true when the market has been trending for 2-3 days then volatility followed by sideways is coming (DOW theory). Target to hold the trade for whole day and not exit till the day closes. 7. In general avoid trading in the middle of the day for index and stocks. Divide the day into 3 parts and avoid the middle. 8. Use Support/Resistance, 10, 20, 50, 200 EMA/SMA, Gaps, Whole/Round numbers(very imp) for identifying targets. 9. Trail your SL. 10. For indexes I would use 5 min and 15 min timeframe and at times 10 mins. 11. For commodities and crypto we can use higher timeframe as well. Look for signals during volatile time durations and avoid trading the whole day. Signal usually gives good targets on those times. 12. If a GRG or RGR pattern appears on a daily timeframe then this is our time to go big. 13. Minimum Risk to Reward should be 1:2 and for longer targets can be 1:4 to 1:10. 14. Trade with small lot size. Money management will happen automatically. 15. With small lot size and correct Risk-Reward we can be very profitable. Don't trade with big lot size. 16. Stay in the market for longer and collect points not money. 17. Very imp - Watch market and learn to generate a market view. 18. Very imp - Only 3 type of candles are needed in trading - Strong Bullish (Big Green candle), Strong Bearish (Big Red candle), Hammer (it is Strong Bullish), Inverse Hammer (it is Strong Bearish) and Doji (indecision or confusion). If on daily timeframe I see Strong Bullish candle previous day then I am biased to the upside the next day, if I see Strong Bearish candle the previous day then I am biased to the downside the next day, if I see Doji on the previous day then I am cautious the next day, if there are back to back Dojis forming in daily or weekly then I am preparing for big move so time to go big once I get the signal. 19. Most Important Candlestick pattern - Bullish and Bearish Engulfing 20. The only Chart patterns I need - 
 a) Falling Wedge/Channel Bullish Pattern Uptrend or Bull Flag - Buying - Forming over a couple days for intraday and forming over a couple of weeks for swing 
 b) Falling Wedge/Channel Bullish Pattern Downtrend or Falling Channel - Buying
 c) Rising Wedge Bearish Pattern Uptrend or Rising Channel - Selling
 d) Rising Wedge Bearish Pattern Downtrend or Bear flag - Selling e) Head and Shoulder - Over a longer period not for intraday. In 15 min takes few days and for swing 1hr or 4h or daily can take few days 
f) M and W pattern - Reversal Patterns - They form within the above 4 patterns, usually resulting in the break of trend line 21. How Gaps work - 
 a) Small Gap up in Uptrend - Market can fill the gap and reverse. The perception is that people are buying. If previous day candle was Strong Bullish then market view is up.
 b) Big Gap up in Uptrend - Not news driven - Profit booking will come but may not fill the entire gap
 c) Big Gap up in Uptrend - News driven, war related, tax, interest rate - Market can keep going up without stopping.
 c) Flat opening in Uptrend - Big chance of market going up. If previous day candle was Strong Bullish then view is upwards, if it was Doji then still upwards.
 d) Gap down in Uptrend - Market is surprised. After going down initially it can go up
 e) Small Gap down in Downtrend - Market can fill the gap and keep moving down. If previous day candle was Strong Bearish then view is still down.
 f) Flat opening in Downtrend - View is down, short today.
 g) Big Gap down in Downtrend - Profit booking and foolish buying will come but market view is still down.
 h) Gap down with News - Volatility, sideways then down. 
 i) Gap Up in Downtrend - Can move up - Price can move up during 2/3rd of the day and End of the day revert and close in red. 22. Go big on bearish days for option traders. Puts are better bought and Calls are better sold. 23. Cluster of green signals can lead to bigger move on the upside and vice versa for red signals. 24. Most of this is what I learned from successful traders (from the top 2%) only the indicator is mine.
Indicatore Pine Script®
di pranayjha
6
Crypto ETFs AUM📘 Description: BTC ETFs AUM Tracker This indicator tracks the Assets Under Management (AUM) and daily inflows/outflows of the main U.S.-listed Bitcoin ETFs, allowing you to visualize institutional capital movement into Bitcoin products over time. It helps traders correlate institutional capital movement with Bitcoin price behavior. 🧩 Overview The script adds up the daily AUM changes from selected Bitcoin ETFs to estimate the total net inflow/outflow of capital into spot BTC funds. It also accumulates those flows over time to display the total aggregated AUM balance, giving you a clearer sense of market direction and institutional sentiment. Two display modes are available: Balance view: plots the cumulative sum of net inflows (total ETF AUM). Inflows view: shows daily inflows (green) and outflows (red) as histogram columns, together with a smoothed moving average line. ⚙️ Inputs Explained Base Settings Base Multiplier (base_multi) – Scaling factor applied to all AUM values. Leave at 1 for USD units, or adjust to display values in millions (1e6) or billions (1e9). Smoothing (c_smoothing) – Period length for the simple moving average used to calculate the smoothed mean inflow/outflow line. Show Balance (showBalance) – When enabled, displays the total cumulative AUM balance (sum of all net inflows over time). Show Inflows (showInflows) – When enabled, displays the daily inflows/outflows as colored columns. ETF Selection You can toggle which ETFs are included in the calculation: BIT (BlackRock) GBTC (Grayscale) FBTC (Fidelity) ARKB (ARK/21Shares) BITB (Bitwise) EZBC (Franklin Templeton) BTCW (WisdomTree) BTCO (Invesco Galaxy) BRRR (Valkyrie) HODL (VanEck) Each switch determines whether the ETF’s AUM and daily flow data are included in the total calculation. 📊 Displayed Values Green Columns → Positive daily net inflows (AUM increased). Red Columns → Negative daily net outflows (AUM decreased). Orange Line → Smoothed moving average of net flows, used to identify persistent inflow/outflow trends. Blue Line (if enabled) → Total cumulative AUM balance (sum of all historical flows). 💡 Usage Notes Works best on daily timeframe, since ETF data is typically updated once per trading day. Not all ETFs have identical data history; missing data points are automatically skipped. The indicator doesn’t represent official fund NAV or guarantee data accuracy — it visualizes TradingView’s public financial feed. You can combine this tool with price action or on-chain metrics to analyze institutional Bitcoin flows. Note: Some ETF data may not be available to all users depending on their TradingView data subscription or market access. Missing values are automatically skipped. 🧠 Disclaimer This script is for educational and analytical purposes only. It is not financial advice, and no investment decisions should be based solely on this indicator. Data accuracy depends on TradingView’s financial data sources and exchange reporting frequency.
Indicatore Pine Script®
di mks17
2