Dynamic RSI Bollinger Bands with Waldo Cloud
TradingView Indicator Description: Dynamic RSI Bollinger Bands with Waldo Cloud
Title: Dynamic RSI Bollinger Bands with Waldo Cloud
Short Title: Dynamic RSI BB Waldo
Overview:
Introducing an experimental indicator, the Dynamic RSI Bollinger Bands with Waldo Cloud, designed for adventurous traders looking to explore new dimensions in technical analysis. This indicator overlays on your chart, providing a unique perspective by integrating the Relative Strength Index (RSI) with Bollinger Bands, creating a dynamic trading tool that adapts to market conditions through the lens of momentum and volatility.
What is it?
This innovative indicator combines the traditional Bollinger Bands with the RSI in a way that hasn't been commonly explored. Here's a breakdown:
RSI Integration: The RSI is calculated with customizable length settings, and its values are used not just for momentum analysis but as the basis for the Bollinger Bands. This means the position and width of the bands are directly influenced by the RSI, offering a visual representation of momentum within the context of price volatility.
Dynamic Bollinger Bands: Instead of using price directly, the Bollinger Bands are calculated using a scaled version of the RSI. This scaling is done to fit the RSI values into the price range, ensuring the bands are relevant to the actual price movement. The standard deviation for these bands is also scaled accordingly, providing a unique volatility measure that's momentum-driven.
Waldo Cloud: Named after a visual representation concept, the 'Waldo Cloud' refers to the colored area between the Bollinger Bands, which changes based on various conditions:
Purple when RSI is overbought.
Blue when RSI is oversold.
Green for bullish conditions, defined by the fast-moving average crossing above the slow one, RSI is bullish, and the price is above the slow MA.
Red for bearish conditions, when the fast MA crosses below the slow MA, the RSI is bearish, and the price is below the slow MA.
Gray for neutral market conditions.
Moving Averages: Two simple moving averages (Fast MA and Slow MA) are included, which can be toggled on or off, offering additional trend analysis through crossovers.
How to Use It:
Given its experimental nature, this indicator should be used with caution and in conjunction with other analysis methods:
Identifying Market Conditions: Use the color of the Waldo Cloud to gauge market sentiment. A green cloud might suggest a good time to consider long positions, while a red cloud could indicate potential shorting opportunities. Purple and blue clouds highlight extreme conditions that might precede reversals.
Volatility and Momentum: The dynamic nature of the Bollinger Bands based on RSI provides insight into how momentum is affecting price volatility. When the bands are wide, it might indicate high momentum and potential trend continuation or reversal, depending on the RSI's position relative to its overbought/oversold levels.
Trend Confirmation: The moving average crossovers can act as confirmation signals. For instance, a bullish crossover (fast MA over slow MA) within a green cloud might strengthen a buy signal, whereas a bearish crossover in a red cloud might reinforce a sell decision.
Customization: Adjust the RSI length, overbought/oversold levels, and moving average lengths to suit different trading styles or market conditions. Experiment with these settings to find what works best for your strategy.
Combining with Other Indicators: Since this is an experimental tool, it's advisable to use it alongside established indicators like traditional Bollinger Bands, MACD, or trend lines to validate signals.
Conclusion:
The Dynamic RSI Bollinger Bands with Waldo Cloud is an experimental venture into combining momentum with volatility visually and interactively. It's designed for traders who are open to exploring new methods of market analysis.
Remember, due to its experimental status, this indicator should be part of a broader trading strategy, and backtesting or paper trading is recommended before applying it in live trading scenarios. Keep an eye on how the market reacts to the signals provided by this indicator and always consider risk management practices.
Cerca negli script per "ma cross"
Ehlers Reverse EMAOverview
The Ehlers Reverse EMA is an advanced momentum indicator designed by John Ehlers and implemented here with additional features for improved trading decision-making. This indicator helps identify trend direction, potential reversals, and generates precise buy/sell signals based on multiple confirmation methods.
What Makes It Unique
Unlike conventional EMAs, the Ehlers Reverse EMA uses a sophisticated reverse-engineering approach to provide smoother, more responsive signals with reduced lag. The indicator combines a proprietary EMA calculation with optional moving average confirmation to filter out market noise and highlight meaningful price movements.
Features
Dynamic Color Coding: Green when momentum is positive, red when negative
Moving Average Overlay: Optional MA with selectable types (SMA, EMA, WMA, VWMA)
Multiple Signal Generation Methods:
Zero-Line Crossovers: Signals when momentum shifts from positive to negative or vice versa
MA Crossovers: Signals when the Ehlers EMA crosses its own moving average
Combined Confirmation: Requires both zero-line and MA crossovers for highest probability signals
On-Chart Signal Visualization: Clear buy/sell arrows directly on the price chart
Customizable Parameters: Adjust alpha value, MA type, and signal generation to suit your trading style
How To Use
Add the main "Ehlers Reverse EMA" indicator to your chart
Add the companion "EREMA Signals" indicator to display buy/sell signals on the price chart
Ensure both indicators have matching settings for consistency
Signal Interpretation
Buy Signals (Green Triangles): Appear below price bars when conditions are met
Sell Signals (Red Triangles): Appear above price bars when conditions are met
Recommended Timeframes
Works well on all timeframes from 5-minute to daily charts. For swing trading, 4H or daily timeframes often provide the most reliable signals.
Strategy Applications
Trend Following: Use zero-line crossovers to enter with the trend
Momentum Trading: Use MA crossovers for entry and exit points
Confirmation Tool: Combine with price action or other indicators for higher-probability trades
Divergence Analysis: Compare indicator movement with price action to spot potential reversals
Parameter Settings
Alpha (Default: 0.1): Lower values create smoother lines but more lag; higher values increase responsiveness but may increase false signals
MA Length (Default: 14): Adjust based on your trading timeframe and style
This versatile indicator helps identify high-probability trading opportunities while filtering out market noise, making it valuable for both novice and experienced traders alike.
Waldo RSI :oWaldo RSI :o Indicator Guide
The Waldo RSI :o indicator is designed to complement the "Waldo RSI Overlay :o" by providing an RSI-based analysis on TradingView, focusing on macro shifts in market trends. Here's a comprehensive guide on how to use this indicator:
Key Features:
RSI Settings:
RSI Source: Choose from ON RSI, ON HIGH, ON LOW, ON CLOSE, or ON OPEN to determine how RSI calculates pivots.
RSI Settings:
Source: Default is (H+L)/2, but you can select any price for RSI calculation.
Length: Default RSI length is 7, which can be adjusted for sensitivity.
Trend Lines:
Show Trend Lines: Option to display trend lines based on RSI pivot points.
Zigzag Length: Determines pivot point sensitivity.
Confirm Length: Validates pivot points (default is 3).
Colors: Customize colors for Higher Highs (HH), Lower Highs (LH), Higher Lows (HL), and Lower Lows (LL) on the RSI.
Label Size and Line Width: Adjust the appearance of labels and lines.
Divergences:
Classic Divergences:
Show Classic Div: Toggle to reveal divergences where RSI and price move in opposite directions.
Colors: Set different colors for bullish and bearish divergence indicators.
Transparency and Line Width: Control the visual impact of divergence signals.
Hidden Divergences:
Similar settings for identifying hidden divergences, suggest trend continuation.
Breakout/Breakdown:
Show Breakout/Breakdown: Generates signals for RSI breakouts or breakdowns, used by "Waldo RSI Overlay :o" for visual chart signals.
Overbought/Oversold Zones:
Show Overbought and OverSold Zones: Highlights when RSI goes above 70 (overbought) or below 30 (oversold).
Moving Averages on RSI:
The default Moving Average (MA) settings are tailored to capture macro shifts in market trends:
Show Moving Averages: Option to overlay two MAs on the RSI for trend confirmation:
Fast RSI MA:
RSI Period: 50 (this is the period over which the RSI is calculated).
MA Length: 50 (the number of periods used for the moving average of the RSI).
Slow RSI MA:
RSI Period: 50 (same as fast for consistency in RSI calculation).
MA Length: 200 (longer term for capturing broader trends).
Crossover Signals: The RSI changes color from red to green based on these moving average crossovers:
When the Fast MA (50 period) crosses above the Slow MA (200 period), the RSI turns green, indicating potential bullish conditions or momentum shift.
Conversely, when the Fast MA crosses below the Slow MA, the RSI turns red, suggesting bearish conditions or a shift back towards a downtrend.
This 50-period RSI crossover setting is used to identify overall macro shifts in the market, providing a clear visual cue for traders looking at longer-term trends.
Ghost Lines (Optional):
Ghost Lines: Option to limit how far RSI trend lines extend, helping to keep the chart less cluttered.
How to Use the Indicator:
Setup:
Configure RSI by choosing the source and setting the length to match your trading style.
Set the zigzag and confirm lengths for appropriate pivot detection.
Trend Analysis:
Monitor the RSI for trend changes using the colored trend lines and labels.
Divergence Detection:
Look for RSI and price divergences to anticipate potential reversals or continuations.
Breakout/Breakdown:
Use these signals in conjunction with "Waldo RSI Overlay :o" for price action confirmation.
Overbought/Oversold:
Identify when the market might be due for a correction or continued momentum.
Moving Averages:
Focus on the color changes in RSI to understand macro trend shifts with the default 50/200 period setup.
Ghost Lines:
Enable for a cleaner chart if you don't need trend lines extending indefinitely.
Usage Tips:
Combine with other indicators for confirmation, as no single tool is foolproof.
Adjust settings to suit different market conditions or trading timeframes.
Use in tandem with "Waldo RSI Overlay :o" for a full trading signal system.
Remember, trading involves significant risk, and historical data does not guarantee future performance. Use this indicator as part of a broader trading strategy.
Multiple MAs Signals with RSI MA Filter & Signal About the Script
The "Multiple Moving Averages Signals with RSI MA Filter and Golden Signals" script is a comprehensive trading tool designed to provide traders with detailed insights and actionable signals based on multiple moving averages and RSI (Relative Strength Index). This script combines traditional moving average crossovers with RSI filtering to enhance the accuracy of trading signals and includes "golden" signals to highlight significant long-term trend changes.
This script integrates several technical indicators and concepts to create a robust and versatile trading tool. Here's why this combination is both original and useful:
1. Multiple Moving Averages:
- Why Use Multiple MAs: Different types of moving averages (SMA, EMA, SMMA, WMA, VWMA, Hull) offer unique perspectives on price trends and volatility. Combining them allows traders to capture a more comprehensive view of the market.
- Purpose: Using multiple moving averages helps identify trend direction, support/resistance levels, and potential reversal points.
2. RSI MA Filter:
- Why Use RSI: RSI is a momentum oscillator that measures the speed and change of price movements. It is used to identify overbought or oversold conditions in a market.
- Purpose: Filtering signals with RSI moving averages ensures that trades are taken in line with the prevailing momentum, reducing the likelihood of false signals.
3. Golden Signals:
- Why Use Golden Crosses: A golden cross (50-period MA crossing above the 200-period MA) is a well-known bullish signal, while a death cross (50-period MA crossing below the 200-period MA) is bearish. These signals are widely followed by traders and institutions.
- Purpose: Highlighting these significant long-term signals helps traders identify major buy or sell opportunities and align with broader market trends.
How the Script Works
1. Moving Average Calculations:
- The script calculates multiple moving averages (MA1 to MA5) based on user-selected types (SMA, EMA, SMMA, WMA, VWMA, Hull) and periods (9, 21, 50, 100, 200).
- Golden Moving Averages: Separately calculates 50-period and 200-period moving averages for generating golden signals.
2. RSI and RSI MA Filter:
- RSI Calculation: Computes the RSI for the given period.
- RSI MA: Calculates a moving average of the RSI to smooth out the RSI values and reduce noise.
- RSI MA Filter: Traders can enable/disable RSI filtering and set custom thresholds to refine long and short signals based on RSI momentum.
3. Long & Short Signal Generation:
- Long Signal: Generated when the short-term moving average crosses above both the mid-term and long-term moving averages, and the RSI MA is below the specified threshold (if enabled).
- Short Signal: Generated when the short-term moving average crosses below both the mid-term and long-term moving averages, and the RSI MA is above the specified threshold (if enabled).
4. Golden Signals:
- Golden Long Signal: Triggered when the 50-period golden moving average crosses above the 200-period golden moving average.
- Golden Short Signal: Triggered when the 50-period golden moving average crosses below the 200-period golden moving average.
How to Use the Script
1. Customize Inputs:
- Moving Averages: Choose the type of moving averages and set the periods for up to five different moving averages.
- RSI Settings: Adjust the RSI period and its moving average period. Enable or disable RSI filtering and set custom thresholds for long and short signals.
- Signal Colors: Customize the colors for long, short, and golden signals.
- Enable/Disable Signals: Toggle the visibility of long, short, and golden signals.
2. Observe Plots and Signals:
- The script plots the selected moving averages on the chart.
- Long and short signals are marked with labels on the chart, with customizable colors for easy identification.
- Golden signals are highlighted with specific labels to indicate significant long-term trend changes.
3. Analyze and Trade:
- Use the generated signals as part of your trading strategy. The script provides visual cues to help you make informed decisions about entering or exiting trades based on multiple technical indicators.
Unique Features
1. Integration of Multiple Moving Averages: Combines various moving average types to provide a holistic view of market trends.
2. RSI MA Filtering: Enhances signal accuracy by incorporating RSI momentum, reducing the likelihood of false signals.
3. Golden Signals: Highlights significant long-term trend changes, aligning with broader market movements.
4. Customizability: Offers extensive customization options, allowing traders to tailor the script to their specific trading strategies and preferences.
feel free to comments.
Smart MAThe Smart MA indicator is a tool designed for traders seeking insights into market trends, with its foundation rooted in moving averages. It offers two distinctive color options, with "Crossing" as the default choice and "Direction" as an alternative. Let's delve deeper into these options:
1. "Crossing" Color Option (Default):
Key Features:
Utilizes the interaction between fast and slow moving averages.
The color of the base moving average (MA) line dynamically changes based on crossovers between these moving averages.
Offers real-time visual signals for potential shifts in market sentiment.
Interpretation:
With the "Crossing" color option as the default setting, the base MA line's color responds to the interaction of the fast and slow moving averages.
A crossover where the fast MA crosses above the slow MA may prompt the base MA line to change to a bullish color (e.g., teal), indicating a potential bullish trend.
Conversely, if the fast MA crosses below the slow MA, the base MA line's color may alter to represent a bearish sentiment (e.g., red). This color shift provides a visual marker for a potential bearish trend, potentially guiding traders towards shorting opportunities.
2. "Direction" Color Option:
Key Features:
Focuses on the directional trend of the base moving average (MA).
The color of the base MA line signifies the direction in which the base MA is moving.
Aids in quickly identifying the prevailing market trend.
Interpretation:
Uptrend - Bullish Direction: When the base MA slopes upward, indicating an average price increase over the chosen base MA length, the base MA line's color may shift to a bullish hue (e.g., teal). This visual cue signals a potential uptrend, suggesting favorable long positions.
Downtrend - Bearish Direction: If the base MA slopes downward, signifying an average price decrease over the selected base MA length, the base MA line could change to a bearish shade (e.g., red). This color shift acts as an indicator of a potential downtrend, implying possible opportunities for shorting.
Customization:
Both color options allow traders to adjust the indicator's parameters, including base MA length, MA type, fast MA length, and slow MA length, to align with their trading strategies and preferred timeframes.
In summary, the Smart MA indicator, based on moving averages, provides traders with two color options: the default "Crossing" and "Direction" as an alternative. The "Crossing" option leverages fast and slow moving averages to offer real-time visual cues for dynamic market shifts. The "Direction" option simplifies trend analysis by focusing on the directional trend of the base MA. The choice between these options depends on your trading style and the depth of analysis you require. With the Smart MA indicator, you're equipped to make informed trading decisions in today's financial markets.
Scalping Strategy (5min)This indicator is designed for scalping strategies on a 5-minute timeframe. It generates signals based on two RSI crossovers and incorporates moving averages to identify trends. Additionally, a Bollinger Band is included to eliminate the need for an additional Bollinger Band on the chart.
Please note that this indicator does not guarantee 100% accurate signals and may produce false signals. It is recommended to use this indicator in conjunction with other indicators such as Stochastic, MACD, SuperTrend, or any other suitable indicators to enhance the accuracy of trading decisions.
1) Signal Generation: The indicator generates buy and sell signals based on two RSI crossovers. A buy signal is generated when the fast RSI crosses above the slow RSI, indicating potential bullish momentum. Conversely, a sell signal is generated when the fast RSI crosses below the slow RSI, suggesting potential bearish momentum.
2) To adjust the indicator to your specific chart and trading preferences, you have the flexibility to modify the RSI and moving average (MA) values. By changing the RSI values (slow RSI length and fast RSI length), you can fine-tune the sensitivity of the RSI crossovers to suit different timeframes and market conditions. Similarly, adjusting the MA values (slow MA period and fast MA period) allows you to adapt the indicator to the desired trend identification and short-term trend confirmation.
3) Pay attention to trades that are confirmed by the short-term moving average (MA) aligning with the desired direction. For buy signals, ensure that the short MA is tending upward, indicating a potential uptrend. For sell signals, confirm that the short MA is trending downward, suggesting a potential downtrend.
4) Moving Averages: The indicator uses a 200-period moving average (MA) to identify the overall trend and a short-term MA for additional confirmation.
5) Bollinger Band: The included Bollinger Band is not directly used in the indicator's calculations. However, it is provided for convenience so that users don't need to add another Bollinger Band to their chart separately.
6) Exercise caution when the short MA is below the 200-period MA but showing signs of attempting an upward move. These situations may indicate a potential reversal or consolidation, and it is advisable to avoid taking trades solely based on the 200-period MA crossover in such cases.
Remember that these guidelines are intended to provide additional insights and should be used in combination with your trading judgment and analysis.
Joe's Ultimate MA Ribbon (w/ Crossover Triggers)Tired of having to add multiple moving average indicators to your chart? Well, stop doing that.
Here's a sweet moving average ribbon (with 1-10 moving average lines!) that will make your charts look much cooler 😎.
Not only that, it also includes triggers for MA crossovers. So, yeah...you can pick which MA crossovers trigger for longs and shorts separately. Yup, you read that right.
Options:
Show/Hide MA Lines: Only show the lines you wanna see. No more. No less.
MA Type (can be different for each line!): EMA, SMA, SMMA (RMA), WMA, VWMA
MA Source (for each line): open, close, high, low, hl2, hlc3, ohlc4, hlcc4
MA Length (for each line): any number between 1 and 4999
Line Colors: Ooh, pretty.
Triggers: On or Off
Crossover Long Triggers: When _______ crosses over _______ on timeframe _______
Crossover Short Triggers: When _______ crosses over _______ on timeframe _______
Trigger Characters and Location
Robocan DeluxeThis script is equipped with
🔵 Robo 4
It offers strategic trading entry and exit points, so you can preserve capital before markets tumble, and take full advantage as they start to rebound. At a glance, market timing indicators tell investors whether market conditions are right or whether it’s safer on the sideline.
Truly unique tool for technical analysis for the financial market as it includes calculation of specific metrics like SAR + MACD + Price Movement.
You no longer have to worry about spending hours in front of the computer looking for a trade.You can use the indicator on every assets available on your broker.
🔵 Change Candle Color
You can change the colors depending on buy 4 and sell 4 signals. It helps traders a lot to see the direction clearly.
🔵 BB Signals
This strategy uses the MACD indicator together with the Bollinger Bands to sell when the price is above the upper Bollinger Band (and to buy when this value is below the lower band). This simple strategy only triggers when both the MACD and the Bollinger Band indicators are at the same time in a overbought or oversold condition.
Removed Upper & Lower bands & SMA20 from the charts.
To see bands, You can activate the Bollinger Bands on EngineeringRobo - not the Deluxe version.
If you are buying it with BB BUY, No need to wait for BB Sell to sell it. Vice versa.
They are not the opposite to each other. Get your profit at your target level and move on.
🔵 Ultimate MA crossover signals :
As a general guideline,the idea behind trading crossovers is that a short-term moving average above a long-term moving average is an indicator of upward momentum in a stock & crypto , and the opposite is true about a short-term average trading below a long-term average.
For this guideline to be of use, the moving average should have provided insights into trends and trend changes in the past.
Are the settings of SMA 50 & SMA 200 really the best for Golden Cross and Death Cross?
Have you ever tested ROI for MA cross strategies?
Do you think MA 20 and MA 50 are the best pair for traders?
Do you know that Exponential Moving Average ( EMA ) beats the Simple Moving Average ( SMA ) ?
In order to answer these questions we applied some brute mathematical force and tested 1830 different MA combination to find out the best pair through 50 years of data across stock / forex and 5 years of data across crypto markets . We have done the hard work and you get the benefits .
P.S. The oldest date is 1872 on SPCFD:SPX chart on tradingview . Almost 150 years of backtesting is possible from 1872 to 2020!;
🔵 Cloud Signals :
This is a strategy made from ichimoku cloud , together with MACD . Changed Ichimoku cloud formula. Based on that we have a long or a short entry.
it is an effective strategy when paired with a trailing stop loss. Removed standard line ( Kijun Sen ), turning line ( Tenkan Sen ), lagging line ( Chikou Span ) and senkou lines, added buy & sell signals. Traders can use EngineeringRobo's cloud to see the clouds on the chart.
This method doesn't work in sideways markets, only in volatile trending markets.
🔵 EMA TrendLines & Custom Moving Average
Moving averages help traders isolate the trend in a security or market, or the lack of one, and can also signal when a trend may be reversing. Two of the most common types are simple and exponential. We will look at the differences between these two moving averages, helping traders determine which one to use. Simple moving averages and the more complex exponential moving averages help visualize the trend by smoothing out price movements.
Each trader must decide which MA is better for his or her particular strategy. Many shorter-term traders use EMAs because they want to be alerted as soon as the price is moving the other way. Longer-term traders tend to rely on SMAs since these investors aren't rushing to act and prefer to be less actively engaged in their trades.
🟠50 And 200 Day Moving Average Rules
Trend reversal (downtrend to uptrend) - MA 50 crossover MA 200 from below.
Trend reversal (uptrend to downtrend) - MA 50 crossover MA 200 from above.
Weekly open –close above MA 20 ( bullish trend )
Weekly open –close below MA 50 ( Bearish trend )
Super Bullish : The candle is above MA 20 ( Daily )
Bullish : MA 50 Above MA 100 ( Daily )
Bearish : MA 50 below MA 100 ( Daily )
🔵 Fear & Greed Index
This strategy uses two unique EMA indicators in the formula.
1. Use the indicator to identify when investors are greedy.
2. Use the indicator to identify potential bottom levels
For best testing example:
This strategy finds the TOP AREA OF THE BULL MARKET AND THE BOTTOM AREA OF THE BEAR MARKET.
1. Use the indicator to identify when investors are greedy
2. Use the indicator to identify potential bottom levels
For a case study:
Open BLX Chart, pick 1D time frame, open only FEAR & Greed Index
🟢Exiting Green Area: Beginning of Bull Market🟢
🔴Exiting Red Area: Beginning of Bear Market🔴
Price crosses above red line= Entering overbought zone
Price crosses below red line= Exiting overbought zone
Price crosses below green line= Entering oversold zone
Price crosses above green line = Exiting oversold zone
BEST TIME TO SELL: When the candle is inside & exiting the Red Area
BEST TIME TO BUY: When the candle is in the Green Area
🔵 Automated Fibonacci Retracements
Automatic Fibonacci let you replace subjective manual analysis with objective automated analysis so you always get the best Fibonacci levels, this can really improve the quality of your trading decisions.
Fibonacci retracements are often used to identify the end of a correction or a counter-trend bounce. Corrections and counter-trend bounces often retrace a portion of the prior move. While short 23.6% retracements do occur, the 38.2-61.8% zone covers the most possibilities (with 50% in the middle). This zone may seem big, but it is just a reversal alert zone. One of the best ways to use the Fibonacci retracement tool is to spot potential support and resistance levels and see if they line up with Fibonacci retracement levels.
Even though Fibonacci levels are extremely popular among technical traders, one should not rely solely on Fibonacci retracement and extension levels in trading. Fibonacci tools return the best results when combined with other technical tools, such as trendlines , chart patterns, candlestick patterns, channels or technical indicators.
If you are following any Deluxe signals, you should always wait for the candle close before buying or selling.
The signal can come and go anytime during the live candle. ALL indicators do that, that is not considered repainting.
Repainting is when a signal appears, the candle is closed, and when you refresh the chart it disappeared. It is logical that until the candle is closed the signal is not decided yet, hence the alert setup as Once per bar Close.
Deluxe never repaints! Yes, you heard it right: you will never have to worry about signal changing after the candle is closed.
*** Added alarm system alerts for all signals.
________________________________________________________________________ Timeframes _____________________________________________________________________
Our recommendations to get the best results:
Swing Trading Crypto : Use 1D Time Frame Candles
Swing Trading Stocks : Use 1W Time Frame Candles
Swing Trading Commodities : Use 1W Time Frame Candles
Day Trading Crypto : Use 3H Time Frame Candles
Day Trading Stocks : Use 1D Time Frame Candles
Day Trading Commodities : Use 1D Time Frame Candles
Not recommended any other time frames.
What Is Risk-Reward Ratio RRR?
Your risk-reward ratio is how much you risk per trade, relative to how much you expect to make (reward).
When trading with Robo , you should always aim for a bigger reward compared to your risk per trade.
A good rule is only to risk 1% per trade for day traders and 5% per trade for swing trader . Robo follows strong risk management rules on the algorithm .
One of the biggest advantages of algo trading is removing human emotion from the financial markets,humans trading are susceptible to emotions that lead to irrational decisions. Robo doesn't have to think or feel good to make a trade. If conditions are met, it enters. When the trade goes the wrong way or hits a profit target, It exits. It doesn't get angry at the market or feel invincible after making a few good trades.
It gives you all the tools and information you need for day-to-day trading and investing, while also keeping a great buy and sell signals! No excuse to lose in any financial market anymore! Try now!
How can you add the algorithm into your chart?
1. Login to TradingView.com
2. From the homepage, click on ‘Chart’ in the top navigation bar
3. Select “Indicators” on the top-center-middle panel
4. In the indicator library, type "Robocan Deluxe "
5. Use the website link below to obtain access to this indicator
EngineeringRobo DeluxeToday we are releasing the EngineeringRobo Deluxe!
New advanced trading tools for traders and investors. The new Robo 4 is extremely powerful !
It works perfectly with other existing strategies as an add-on feature. EngineeringRobo Deluxe has seen major improvements in accuracy of levels, speed and intelligence to detect the best possible trade setups.
This script is equipped with
🔵 EngineeringRobo 4
It offers strategic trading entry and exit points, so you can preserve capital before markets tumble, and take full advantage as they start to rebound. At a glance, market timing indicators tell investors whether market conditions are right or whether it’s safer on the sideline.
Truly unique tool for technical analysis for the financial market as it includes calculation of specific metrics like SAR + MACD + Price Movement.
You no longer have to worry about spending hours in front of the computer looking for a trade.You can use the indicator on every assets available on your broker.
🔵 Change Candle Color
You can change the colors depending on buy 4 and sell 4 signals. It helps traders a lot to see the direction clearly.
🔵 BB Signals :
This strategy uses the MACD indicator together with the Bollinger Bands to sell when the price is above the upper Bollinger Band (and to buy when this value is below the lower band). This simple strategy only triggers when both the MACD and the Bollinger Band indicators are at the same time in a overbought or oversold condition.
Removed Upper & Lower bands & SMA20 from the charts.
To see bands, You can activate the Bollinger Bands on EngineeringRobo - not the Deluxe version.
If you are buying it with BB BUY, No need to wait for BB Sell to sell it. Vice versa.
They are not the opposite to each other. Get your profit at your target level and move on.
🔵 Ultimate MA crossover signals :
As a general guideline,the idea behind trading crossovers is that a short-term moving average above a long-term moving average is an indicator of upward momentum in a stock & crypto , and the opposite is true about a short-term average trading below a long-term average.
For this guideline to be of use, the moving average should have provided insights into trends and trend changes in the past.
Are the settings of SMA 50 & SMA 200 really the best for Golden Cross and Death Cross?
Have you ever tested ROI for MA cross strategies?
Do you think MA 20 and MA 50 are the best pair for traders?
Do you know that Exponential Moving Average ( EMA ) beats the Simple Moving Average ( SMA ) ?
In order to answer these questions we applied some brute mathematical force and tested 1830 different MA combination to find out the best pair through 50 years of data across stock / forex and 5 years of data across crypto markets . We have done the hard work and you get the benefits .
P.S. The oldest date is 1872 on SPCFD:SPX chart on tradingview . Almost 150 years of backtesting is possible from 1872 to 2020!
🔵 Cloud Signals :
This is a strategy made from ichimoku cloud , together with MACD . Changed Ichimoku cloud formula. Based on that we have a long or a short entry.
it is an effective strategy when paired with a trailing stop loss. Removed standard line ( Kijun Sen ), turning line ( Tenkan Sen ), lagging line ( Chikou Span ) and senkou lines, added buy & sell signals. Traders can use EngineeringRobo's cloud to see the clouds on the chart.
This method doesn't work in sideways markets, only in volatile trending markets.
🔵 EMA TrendLines & Custom Moving Average :
Moving averages help traders isolate the trend in a security or market, or the lack of one, and can also signal when a trend may be reversing. Two of the most common types are simple and exponential. We will look at the differences between these two moving averages, helping traders determine which one to use. Simple moving averages and the more complex exponential moving averages help visualize the trend by smoothing out price movements.
Each trader must decide which MA is better for his or her particular strategy. Many shorter-term traders use EMAs because they want to be alerted as soon as the price is moving the other way. Longer-term traders tend to rely on SMAs since these investors aren't rushing to act and prefer to be less actively engaged in their trades.
🟠50 And 200 Day Moving Average Rules
Trend reversal (downtrend to uptrend) - MA 50 crossover MA 200 from below.
Trend reversal (uptrend to downtrend) - MA 50 crossover MA 200 from above.
Weekly open –close above MA 20 ( bullish trend )
Weekly open –close below MA 50 ( Bearish trend )
Super Bullish : The candle is above MA 20 ( Daily )
Bullish : MA 50 Above MA 100 ( Daily )
Bearish : MA 50 below MA 100 ( Daily )
🔵 Fear & Greed Index
This strategy uses two unique EMA indicators in the formula.
1. Use the indicator to identify when investors are greedy.
2. Use the indicator to identify potential bottom levels
For best testing example:
Open BLX Chart, pick 1D time frame, open only FEAR & Greed Index
🟢Green Area : Ready to buy a lot of cryptocurrencies
🔴Red Area : Ready to sell a lot of cryptocurrencies
Price crosses above red line = Entering overbought zone
Price crosses below red line = Exiting overbought zone
Price crosses below green line = Entering oversold zone
Price crosses above green line = Exiting oversold zone
🔵 Automated Trend Channel Lines
It’s 2020 and you are still drawing lines?
The automated trend lines helps you find the best trend lines and you can stop re-drawing over and over. You don't need to flip back and forth between different timeframes. You can let your robo advisor do the work for you.
🔵 Dynamic Support and Resistance Levels
On the most fundamental level, support and resistance are simple concepts. The price finds a level that it’s unable to break through, with this level acting as a barrier of some sort. In the case of support, price finds a “floor,” while in the case of resistance, it finds a “ceiling.”
Basically, you could think of support as a zone of demand and resistance as a zone of supply.
While more traditionally, support and resistance are indicated as lines, the real-world cases are usually not as precise. Bear in mind; the markets aren’t driven by some physical law that prevents them from breaching a specific level. This is why it may be more beneficial to think of support and resistance as areas. You can think of these areas as ranges on a price chart that will likely drive increased activity from traders.
🔵 Automated Fibonacci Retracements
Automatic Fibonacci let you replace subjective manual analysis with objective automated analysis so you always get the best Fibonacci levels, this can really improve the quality of your trading decisions.
Fibonacci retracements are often used to identify the end of a correction or a counter-trend bounce. Corrections and counter-trend bounces often retrace a portion of the prior move. While short 23.6% retracements do occur, the 38.2-61.8% zone covers the most possibilities (with 50% in the middle). This zone may seem big, but it is just a reversal alert zone. One of the best ways to use the Fibonacci retracement tool is to spot potential support and resistance levels and see if they line up with Fibonacci retracement levels.
Even though Fibonacci levels are extremely popular among technical traders, one should not rely solely on Fibonacci retracement and extension levels in trading. Fibonacci tools return the best results when combined with other technical tools, such as trendlines , chart patterns, candlestick patterns, channels or technical indicators.
If you are following any EngineeringRobo Deluxe signals, you should always wait for the candle close before buying or selling.
The signal can come and go anytime during the live candle. ALL indicators do that, that is not considered repainting.
Repainting is when a signal appears, the candle is closed, and when you refresh the chart it disappeared. It is logical that until the candle is closed the signal is not decided yet, hence the alert setup as Once per bar Close.
Deluxe never repaints! Yes, you heard it right: you will never have to worry about signal changing after the candle is closed.
*** Added alarm system alerts for all signals.
________________________________________________________________________ Timeframes _____________________________________________________________________
Our recommendations to get the best results:
Swing Trading Crypto : Use 1D Time Frame Candles
Swing Trading Stocks : Use 1W Time Frame Candles
Swing Trading Commodities : Use 1W Time Frame Candles
Day Trading Crypto : Use 3H Time Frame Candles
Day Trading Stocks : Use 1D Time Frame Candles
Day Trading Commodities : Use 1D Time Frame Candles
Not recommended any other time frames.
What Is Risk-Reward Ratio RRR?
Your risk-reward ratio is how much you risk per trade, relative to how much you expect to make (reward).
When trading with Robo , you should always aim for a bigger reward compared to your risk per trade.
A good rule is only to risk 1% per trade for day traders and 5% per trade for swing trader . Robo follows strong risk management rules on the algorithm .
One of the biggest advantages of algo trading is removing human emotion from the financial markets,humans trading are susceptible to emotions that lead to irrational decisions. Robo doesn't have to think or feel good to make a trade. If conditions are met, it enters.When the trade goes the wrong way or hits a profit target, It exits. It doesn't get angry at the market or feel invincible after making a few good trades.
EngineeringRobo gives you all the tools and information you need for day-to-day trading and investing, while also keeping a great buy and sell signals! No excuse to lose in any financial market anymore! Try now!
How can you add the algorithm into your chart?
1. Login to TradingView.com
2. From the homepage, click on ‘Chart’ in the top navigation bar
3. Select “Indicators” on the top-center-middle panel
4. In the indicator library, type "EngineeringRobo Deluxe "
5. Use the website link below to obtain access to this indicator
The indicator will be added to your chart after It is approved.
Innotrade LSOB Fractal Zones for Sniper EntryWelcome to Innotrade LIQUIDITY SWEEP ORDERBLOCK (LSOB) in Fractal Zones for Sniper Entry, an all-in-one institutional trading toolkit designed to identify high-probability multi-timeframe reversal zones with precision. This indicator is not just a collection of tools; it's a synergistic system where each component works together to build a complete picture of the market, from macro structure down to the entry candle.
This all-in-one indicator suite is a comprehensive toolkit designed for discretionary traders who leverage multiple confluence factors in their analysis. It integrates nine distinct, powerful, and complementary trading systems into a single, cohesive interface. The primary purpose of this script is not just to build an indicator, but to create a synergistic framework where signals from one system can be validated by others, providing a higher-probability trading environment.
The core philosophy is built around identifying Liquidity Sweep Order Blocks (LSOB) that form after sweeping significant Fractal price points. This combination pinpoints where institutional players have likely shown their hand, leaving behind clues for the retail trader to follow. The additional modules for trend, volume, structure, and multi-timeframe momentum provide the essential context needed to filter trades and boost confidence.
How Each System Works and Complements the Others
This suite is built on the principle of confluence. A signal from one system gains significance when confirmed by one or more of the other systems. Below is a breakdown of each component and its role within the suite:
1. Innotrade LSOB Fractal Zones
What it does: This core component automatically identifies and plots high-probability order blocks. Unlike standard order block indicators, the LSOB is specifically formed after a liquidity sweep of a recent, significant Fractal pivot high or low. These "sniper entry" zones represent areas where institutional orders are likely resting after engineering liquidity.
Key Enhancements & New Features:
Extensive Multi-Timeframe (MTF) Analysis: Plot LSOB zones from up to 5 Higher Timeframes (HTF) and 5 Lower Timeframes (LTF) directly on your current chart. This provides a complete, top-down view of supply and demand, showing where major and minor reversal zones are stacking up.
ATR Impulse Invalidation: An intelligent filter that automatically removes an LSOB zone if a strong counter-move (measured by the Average True Range) closes decisively against it. This keeps your chart clean by removing invalidated zones.
Advanced Alert System: Go beyond simple entry alerts with a sophisticated alert suite:
Zone Entry Alert: Standard alert when price first touches an LSOB zone.
Confirmation (Rejection) Alert: Triggers when price enters a zone and then closes back outside of it, providing powerful confirmation of a rejection and potential reversal.
Break-and-Retest (S/R Flip) Alert: A powerful feature for trend-continuation traders. When an LSOB zone is broken, the indicator remembers it. If price later returns to retest this broken zone from the opposite side (e.g., retesting a broken resistance as new support), an alert is triggered.
How to use it: The LSOB zones are your primary areas of interest for entries. A bullish LSOB forming on a key Octo MA level, confirmed by the MTF Dashboard, is a high-probability long setup.
2. Innotrade Octo MA (8 Moving Averages)
What it does: The Octo MA is the backbone of this suite, providing a clear, multi-layered view of the market trend. It plots eight fully customizable moving averages (SMA, EMA, SMMA) and their corresponding standard deviation clouds.
New Features:
Flow/Slope Coloring: An optional mode colors the MAs and clouds based on their angle (up or down), offering an immediate visual cue of momentum strength.
MA Value Labels: Display clean labels for each MA value on the last bar, with a connector line to keep the chart organized.
Synergy: The Octo MA provides the essential trend context. An LSOB signal is stronger if it forms at a key MA level. A Momentum Crossover signal is more reliable when the longer-term MAs from the Octo suite are aligned.
3. Momentum Crossover & RSI System
What it does: This system provides clear entry signals based on MA crossovers, filtered by the RSI to avoid chasing exhausted moves.
How it works: Select any two of the eight Octo MAs as your fast and slow lines. A long signal is generated on a pullback to the fast MA while it's above the slow MA, and when the RSI is not overbought. This encourages buying dips in an uptrend.
Synergy: This system gives you specific, actionable entry triggers within the broader context provided by the LSOB zones and the Octo MA trend. An entry signal here that occurs inside an LSOB zone is a very high-confidence setup.
4. PVSRA Volume Coloring
What it does: PVSRA (Price, Volume, Spread, Range Analysis) colors candles based on volume analysis to reveal the strength or weakness behind a move. It identifies high-volume (Vectors) and ultra-high-volume exhaustion candles (Climax Vectors).
Synergy: A climactic volume signal (Blue/Violet) appearing at an LSOB zone can signal an impending reversal, providing powerful confirmation for entry timing.
5. Fibonacci Time Cycles
What it does: This tool projects potential future turning points based on Fibonacci time sequences (21, 34, 55, etc.), starting from a significant user-defined pivot.
Synergy: When a price-based signal (like a touch of an LSOB zone) coincides with a Fibonacci time cycle line, it suggests that both price and time are aligned for a potential market turn.
6. Psy-Levels & Daily Open
What it does: This component plots key psychological price levels for the week (Psy-High and Psy-Low) and the daily opening price, which act as crucial intraday pivots.
Synergy: These levels act as natural magnets or areas of S/R. An LSOB block that forms right at a weekly Psy-Low provides a powerful confluence for a potential reversal.
7. Classic Fractals
What it does: Identifies simple 3-bar or 5-bar fractal patterns, which are basic short-term swing highs and lows.
Synergy: These fractals provide a quick visual confirmation of the swing points that the LSOB system uses for its liquidity sweep detection, helping to validate the identified zones.
8. Zig-Zag
What it does: The Zig-Zag overlay filters out market noise to visualize the most significant price swings and overall market structure.
Synergy: The Zig-Zag provides a "big picture" view of market structure, helping you confirm that your trade setup (e.g., from an LSOB zone) is aligned with the major swings of the market.
9. ATR & RSI Multi-Timeframe Dashboard (NEW)
What it does: This is a powerful, at-a-glance dashboard that provides a comprehensive overview of market conditions across six user-defined timeframes. It tracks two key metrics:
Volatility (ATR vs. Range): It displays the current ATR, the current bar's range, and the range as a percentage of the ATR. Crucially, it highlights when the current range exceeds the ATR, alerting you to unusual, expansionary volatility.
Momentum (RSI Status): It analyzes the RSI on each timeframe and provides a simple, color-coded status: Bull Trend, Bear Trend, Bullish Cross, or Bearish Cross. This goes beyond a simple RSI value, giving you immediate, actionable context on momentum.
How it works: The dashboard synthesizes complex data into an easy-to-read table. It also comes with its own dedicated alerts for both volatility expansion (Range > ATR) and changes in RSI status, keeping you informed of shifts in market dynamics across all key timeframes.
Synergy: The dashboard is the ultimate filter. Before taking an LSOB trade on the 15-minute chart, a quick glance can tell you if the 1H and 4H timeframes are in a strong "Bear Trend," allowing you to avoid a counter-trend trade with a low probability of success.
How to Use This Suite for a Trading Setup
Here is a sample workflow for identifying a high-probability long trade:
Context (Dashboard & MAs): Check the MTF Dashboard. Are the higher timeframes showing a "Bull Trend" or "Bullish Cross"? Check the Octo MA. Are the longer-term MAs (e.g., 50, 100, 200) trending upwards?
Area of Interest (LSOB & Levels): Look for a bullish LSOB zone to form, ideally from your current timeframe or a higher timeframe. Is it forming at a key support level like an Octo MA, a weekly Psy-Level, or a broken-and-retested resistance?
Confirmation (Volume): As price enters the LSOB zone, look for PVSRA signals. Is there a bullish vector (Green) or a sign of selling exhaustion (Blue climax candle at the low)?
Timing (Fib Cycles): Is this potential reversal aligning with a Fibonacci Time Cycle line? This adds another layer of confluence.
Entry Trigger (Momentum System): Wait for a Momentum Crossover system signal—a bullish cross or a pullback entry signal—to trigger your trade. The Zig-Zag should confirm you are buying at a higher low in the larger structure.
Stop Loss: Your stop loss can be placed just below the low of the LSOB zone.
By requiring multiple systems to align, you can filter out low-quality setups and focus on trades with a higher probability of success.
Vendor Requirements / How to Get Access (For Invite-Only Scripts)
To gain access to the Innotrade LSOB Zones indicator, please send me a private message on TradingView or follow the instructions in my signature.
Disclaimer
This indicator is a tool to aid in analysis and decision-making, not financial advice or a signal-calling system. Trading involves significant risk, and past performance is not indicative of future results. Always use proper risk management and never risk more than you are willing to lose.
Thank you for your interest, and I look forward to your feedback and comments
Heikin-Ashi Mean Reversion Oscillator [Alpha Extract]The Heikin-Ashi Mean Reversion Oscillator combines the smoothing characteristics of Heikin-Ashi candlesticks with mean reversion analysis to create a powerful momentum oscillator. This indicator applies Heikin-Ashi transformation twice - first to price data and then to the oscillator itself - resulting in smoother signals while maintaining sensitivity to trend changes and potential reversal points.
🔶 CALCULATION
Heikin-Ashi Transformation: Converts regular OHLC data to smoothed Heikin-Ashi values
Component Analysis: Calculates trend strength, body deviation, and price deviation from mean
Oscillator Construction: Combines components with weighted formula (40% trend strength, 30% body deviation, 30% price deviation)
Double Smoothing: Applies EMA smoothing and second Heikin-Ashi transformation to oscillator values
Signal Generation: Identifies trend changes and crossover points with overbought/oversold levels
Formula:
HA Close = (Open + High + Low + Close) / 4
HA Open = (Previous HA Open + Previous HA Close) / 2
Trend Strength = Normalized consecutive HA candle direction
Body Deviation = (HA Body - Mean Body) / Mean Body * 100
Price Deviation = ((HA Close - Price Mean) / Price Mean * 100) / Standard Deviation * 25
Raw Oscillator = (Trend Strength * 0.4) + (Body Deviation * 0.3) + (Price Deviation * 0.3)
Final Oscillator = 50 + (EMA(Raw Oscillator) / 2)
🔶 DETAILS Visual Features:
Heikin-Ashi Candlesticks: Smoothed oscillator representation using HA transformation with vibrant teal/red coloring
Overbought/Oversold Zones: Horizontal lines at customizable levels (default 70/30) with background highlighting in extreme zones
Moving Averages: Optional fast and slow EMA overlays for additional trend confirmation
Signal Dashboard: Real-time table showing current oscillator status (Overbought/Oversold/Bullish/Bearish) and buy/sell signals
Reference Lines: Middle line at 50 (neutral), with 0 and 100 boundaries for range visualization
Interpretation:
Above 70: Overbought conditions, potential selling opportunity
Below 30: Oversold conditions, potential buying opportunity
Bullish HA Candles: Green/teal candles indicate upward momentum
Bearish HA Candles: Red candles indicate downward momentum
MA Crossovers: Fast EMA above slow EMA suggests bullish momentum, below suggests bearish momentum
Zone Exits: Price moving out of extreme zones (above 70 or below 30) often signals trend continuation
🔶 EXAMPLES
Mean Reversion Signals: When the oscillator reaches extreme levels (above 70 or below 30), it identifies potential reversal points where price may revert to the mean.
Example: Oscillator reaching 80+ levels during strong uptrends often precedes short-term pullbacks, providing profit-taking opportunities.
Trend Change Detection: The double Heikin-Ashi smoothing helps identify genuine trend changes while filtering out market noise.
Example: When oscillator HA candles change from red to teal after oversold readings, this confirms potential trend reversal from bearish to bullish.
Moving Average Confirmation: Fast and slow EMA crossovers on the oscillator provide additional confirmation of momentum shifts.
Example: Fast EMA crossing above slow EMA while oscillator is rising from oversold levels provides strong bullish confirmation signal.
Dashboard Signal Integration: The real-time dashboard combines oscillator status with directional signals for quick decision-making.
Example: Dashboard showing "Oversold" status with "BUY" signal when HA candles turn bullish provides clear entry timing.
🔶 SETTINGS
Customization Options:
Calculation: Oscillator period (default 14), smoothing factor (1-50, default 2)
Levels: Overbought threshold (50-100, default 70), oversold threshold (0-50, default 30)
Moving Averages: Toggle display, fast EMA length (default 9), slow EMA length (default 21)
Visual Enhancements: Show/hide signal dashboard, customizable table position
Alert Conditions: Oversold bounce, overbought reversal, bullish/bearish MA crossovers
The Heikin-Ashi Mean Reversion Oscillator provides traders with a sophisticated momentum tool that combines the smoothing benefits of Heikin-Ashi analysis with mean reversion principles. The double transformation process creates cleaner signals while the integrated dashboard and multiple confirmation methods help traders identify high-probability entry and exit points during both trending and ranging market conditions.
Multiple MAsHere's a well-written description in English for your "Multiple MAs" indicator that you can use when publishing on TradingView. It’s concise, professional, and highlights the key features of the indicator while explaining its purpose for traders.
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### Multiple MAs Indicator
#### Overview
The **Multiple MAs** indicator is a versatile and straightforward tool designed to help traders visualize price trends using multiple Simple Moving Averages (SMAs) on a single chart. By plotting six SMAs with customizable lengths (MA5, MA10, MA20, MA50, MA100, and MA200), this indicator provides a clear view of short-term, medium-term, and long-term trends, making it ideal for trend-following strategies, crossover analysis, and identifying potential support/resistance levels.
#### Features
- **Customizable MA Lengths**: Adjust the periods of all six moving averages (MA5, MA10, MA20, MA50, MA100, MA200) to suit your trading style and timeframe.
- **Distinct Visuals**: Each MA is plotted with a unique color and line width for easy identification:
- MA5 (Dodger Blue, 1px)
- MA10 (Green, 1px)
- MA20 (Red, 2px)
- MA50 (Purple, 3px)
- MA100 (Gray, 3px)
- MA200 (White, 3px)
- **Overlay on Price Chart**: The indicator overlays directly on the price chart, allowing for seamless integration with other technical analysis tools.
- **High Precision**: Displays values with 8-decimal precision, ensuring accuracy for assets with small price movements (e.g., forex pairs or cryptocurrencies).
#### How to Use
1. **Trend Identification**: Use the longer MAs (e.g., MA100, MA200) to determine the overall trend direction. If the price is above these MAs, the trend is likely bullish; if below, it’s likely bearish.
2. **Crossover Signals**: Look for crossovers between shorter MAs (e.g., MA5 crossing MA20) for potential entry or exit signals. For example:
- A bullish signal occurs when a shorter MA crosses above a longer MA.
- A bearish signal occurs when a shorter MA crosses below a longer MA.
3. **Support and Resistance**: MAs often act as dynamic support or resistance levels. Watch for price reactions around these lines, especially the MA50, MA100, and MA200.
4. **Divergence Analysis**: Compare the slope of different MAs to identify potential trend reversals or weakening momentum.
#### Settings
- **MA5 Length**: Default is 5 bars.
- **MA10 Length**: Default is 10 bars.
- **MA20 Length**: Default is 20 bars.
- **MA50 Length**: Default is 50 bars.
- **MA100 Length**: Default is 100 bars.
- **MA200 Length**: Default is 200 bars.
#### Best Practices
- **Timeframe**: This indicator works on any timeframe but is particularly effective on daily, 4-hour, and 1-hour charts for swing trading or trend-following strategies.
- **Combine with Other Tools**: Pair the Multiple MAs with other indicators like RSI, MACD, or volume analysis to confirm signals and avoid false breakouts.
- **Adjust for Volatility**: For highly volatile assets, consider increasing the MA lengths to reduce noise and focus on broader trends.
#### Notes
- The indicator is lightweight and optimized for performance, ensuring it runs smoothly even on lower timeframes.
- Colors and line widths are pre-set for clarity but can be customized in the indicator settings if needed.
#### Credits
Created by kosar_v. Feedback and suggestions are welcome to improve this tool for the TradingView community!
MTF Candle Multi HubMTF Candle Multi Hub Indicator - Guide 日本語解説は下記
Introduction
The "MTF Candle Multi Hub" indicator is a versatile and comprehensive tool designed to visualize multiple timeframes' candlestick data, Heikin Ashi candles, and moving averages on a single chart. This indicator also includes a Zigzag feature with the ability to draw horizontal lines at significant swing points, making it a powerful tool for technical analysis.
Key Features
Multi-Timeframe Candlestick Display:
The indicator allows you to display candlesticks from different timeframes, including 5-minute, 15-minute, 1-hour, 4-hour, daily, and weekly timeframes.
Each timeframe's candlestick can be toggled on or off using the settings panel.
Candlesticks are color-coded based on whether the close is higher or lower than the open, with customizable colors for bullish and bearish candles.
Heikin Ashi Candlesticks:
Heikin Ashi candlesticks are also available for 5-minute, 15-minute, 1-hour, 4-hour, daily, and weekly timeframes.
Like the standard candlesticks, these can be toggled on or off, and their colors are customizable.
Moving Averages (MA):
The indicator supports up to four different moving averages, which can be either Simple Moving Average (SMA) or Exponential Moving Average (EMA).
The user can toggle each moving average on or off and adjust the period and type from the settings panel.
An additional feature allows the space between two moving averages to be filled with a color, indicating the relative position of the MAs.
Zigzag Indicator with Horizontal Lines:
The Zigzag feature plots lines between significant swing highs and lows, helping identify trends and potential reversal points.
Two Zigzag lines can be configured, each with customizable swing length, line color, style, and width.
The indicator also offers the ability to draw horizontal lines at the start and end of each Zigzag swing. These horizontal lines can be customized in terms of color, style, width, and length.
The number of horizontal lines to be drawn can be set, allowing for focused analysis of the most recent swings.
Label and Comment Display:
The indicator provides the option to display custom labels and comments on the chart.
You can enter up to ten different comments, which will be displayed in a label at the last candlestick of the chart.
The label's position, background color, text color, and text size are fully customizable.
Trading Strategy
Trend Following with Multi-Timeframe Analysis:
Use the multi-timeframe candlestick and Heikin Ashi features to assess the trend across different timeframes. For example, if both the daily and 4-hour Heikin Ashi candles are bullish, it may indicate a strong uptrend.
Entry and Exit Signals:
Use the Zigzag indicator to identify potential entry points by looking for a new swing high or low.
Horizontal lines from the Zigzag can be used as support and resistance levels, helping to determine potential entry and exit points.
Moving Average Crossovers:
Monitor the crossovers of the moving averages. For example, when a shorter-term MA crosses above a longer-term MA, it may signal a potential buy opportunity.
Confluence of Signals:
The best trading opportunities may arise when multiple signals align. For example, a bullish Zigzag swing, supported by bullish Heikin Ashi candles and a moving average crossover, could provide a strong buy signal.
Disclaimer
For Educational Purposes Only: This indicator is provided for educational purposes and should not be used as the sole basis for any trading decisions.
No Guarantees: The indicator is provided "as is" without any guarantees of accuracy or completeness. Market conditions can change rapidly, and this indicator may not always reflect the most accurate market state.
Test Thoroughly: Bugs may exist in the script. It is highly recommended to test this script on a demo account before using it in live trading.
Use with Caution: Always use this indicator in conjunction with other analysis tools. Do not rely solely on this indicator for making trading decisions.
Sudden Changes or Removal: The indicator may be subject to sudden changes or removal without prior notice. The developer is not responsible for any issues this may cause.
By using this indicator, you agree to these terms.
MTF Candle Multi Hub インジケーター - ガイド
はじめに
「MTF Candle Multi Hub」インジケーターは、複数の時間枠のローソク足データ、平均足、移動平均線を1つのチャート上で視覚化するために設計された多用途かつ包括的なツールです。このインジケーターには、水平線を描画する機能を備えたジグザグ機能も含まれており、テクニカル分析において強力なツールとなります。
主な機能
マルチタイムフレームのローソク足表示:
5分足、15分足、1時間足、4時間足、日足、週足のローソク足を表示することができます。
各時間枠のローソク足は設定パネルでオンまたはオフに切り替えることができます。
ローソク足は、終値が始値より高いか低いかに基づいて色分けされており、強気と弱気のローソク足の色をカスタマイズできます。
平均足ローソク足:
5分足、15分足、1時間足、4時間足、日足、週足の平均足ローソク足を表示することができます。
標準のローソク足と同様に、これらをオンまたはオフに切り替え、色をカスタマイズすることが可能です。
移動平均線（MA）:
このインジケーターは、単純移動平均線（SMA）または指数移動平均線（EMA）のいずれかを選択できる4つの移動平均線をサポートしています。
各移動平均線をオンまたはオフに切り替え、期間やタイプを設定パネルから調整できます。
また、2本の移動平均線の間に色を塗ることで、MAの相対的な位置を視覚的に表示する機能もあります。
ジグザグインジケーターと水平線:
ジグザグ機能は、重要なスイングの高値と安値の間に線を引き、トレンドや潜在的な反転ポイントを識別するのに役立ちます。
2本のジグザグラインを設定することができ、それぞれのスイングの長さ、線の色、スタイル、幅をカスタマイズできます。
また、ジグザグのスイングの始点と終点に水平線を描画する機能も提供されています。これらの水平線は、色、スタイル、幅、長さをカスタマイズできます。
描画する水平線の本数を設定でき、最新のスイングに焦点を当てた分析が可能です。
ラベルとコメントの表示:
インジケーターは、チャート上にカスタムラベルとコメントを表示するオプションを提供します。
最大10個の異なるコメントを入力することができ、これらはチャートの最新のローソク足にラベルとして表示されます。
ラベルの位置、背景色、テキストの色、テキストのサイズは完全にカスタマイズ可能です。
トレード戦略
マルチタイムフレーム分析を使用したトレンドフォロー:
マルチタイムフレームのローソク足や平均足の機能を使用して、異なる時間枠でのトレンドを評価します。例えば、日足と4時間足の平均足が共に強気であれば、強い上昇トレンドを示している可能性があります。
エントリーとエグジットシグナル:
ジグザグインジケーターを使用して、新たなスイング高値または安値を確認し、エントリーポイントを見極めます。
ジグザグの水平線をサポートおよびレジスタンスレベルとして使用し、エントリーやエグジットのタイミングを判断します。
移動平均線のクロスオーバー:
移動平均線のクロスオーバーを監視します。例えば、短期の移動平均線が長期の移動平均線を上抜けた場合、買いのシグナルとなる可能性があります。
シグナルのコンフルエンス:
複数のシグナルが一致する場合、最も良いトレード機会が生まれるかもしれません。例えば、強気のジグザグスイング、強気の平均足、移動平均線のクロスオーバーが揃うと、強力な買いシグナルとなる可能性があります。
免責事項
教育目的のみ: このインジケーターは教育目的で提供されており、トレードの決定を行う際の唯一の基準として使用すべきではありません。
保証なし: インジケーターは「現状のまま」提供されており、その正確性や完全性についての保証はありません。市場の状況は急速に変化する可能性があり、このインジケーターが常に最も正確な市場状況を反映するとは限りません。
十分なテストを: このスクリプトにはバグが存在する可能性があります。実際のトレードで使用する前に、デモ口座で十分にテストすることを強くお勧めします。
慎重に使用: このインジケーターを他の分析ツールと併用して使用してください。このインジケーターだけに頼ってトレードの決定を行うべきではありません。
突然の変更や削除の可能性: このインジケーターは予告なく変更や削除が行われる場合があります。そのため、利用者に不利益が生じる可能性がありますが、開発者はその責任を負いません。
このインジケーターを使用することで、これらの条件に同意したものとみなされます。
No-Lag MA Crossover ScalperThe No Lag Crossover Scalper aims to capitalize on short-term trends using a combination of Hull Moving Average (HMA) for trend detection and multiple indicators for generating buy and sell signals. Here’s an overview of its components and approach:
1. Trend Detection with Hull Moving Averages (HMA) :
- Dual Hull MA Setup : Uses two Hull Moving Averages (HMA) to detect crossovers and crossunders, which are signals of short-term trend changes.
- No Lag Nature : HMAs are chosen for their ability to reduce lag compared to traditional moving averages, providing quicker responses to price movements.
2. Indicators for Signal Generation :
- Relative Strength Index (RSI) : Detects overbought and oversold conditions, generating signals when price movements diverge from RSI readings.
- Moving Average Convergence Divergence (MACD) : Provides signals based on the convergence and divergence of two moving averages, indicating potential trend reversals.
- Stochastic Oscillator (Stoch) : Identifies momentum shifts by comparing the current closing price to its range over a specific period.
- On-Balance Volume (OBV) : Measures buying and selling pressure based on volume flow, signaling potential changes in price direction.
- RSI Divergence : Looks for discrepancies between price action and RSI values, suggesting weakening trends and possible reversals.
3. Signal Generation Logic :
- Buy Signals : Generated when both HMAs cross over, supported by bullish indications from RSI, MACD, Stoch, OBV, or RSI divergence. At least 2 indicators must be true to generate a signal.
- Sell Signals : Triggered when HMAs cross under, complemented by bearish signals from the mentioned indicators.
4. Implementation and Optimization :
- Parameter Optimization : Fine-tuning of indicator periods and sensitivity settings to balance signal accuracy and responsiveness.
- Confirmation Mechanisms : Use of multiple indicators to confirm signals, reducing false positives and enhancing reliability.
Overall, the No Lag Crossover Scalper combines the speed of Hull Moving Averages with the reliability of multiple indicators to identify short-term trends effectively. By focusing on no lag indicators and confirming signals with diverse technical tools, it aims to capitalize on rapid market movements while managing risk through disciplined execution.
Credits: used TradingView ta library for a lot of the built-in indicators.
Disclaimer: This is still experimental beta version so use at your own risk.
Key Indicators Dashboard (KID)Key Indicators Dashboard (KID) — Comprehensive Market & Trend Metrics
📌 Overview
The Key Indicators Dashboard (KID) is an advanced multi-metric market analysis tool designed to consolidate essential technical, volatility, and relative performance data into a single on-chart table. Instead of switching between multiple indicators, KID centralizes these key measures, making it easier to assess a stock’s technical health, volatility state, trend status, and relative strength at a glance.
🛠 Key Features
⦿ Average Daily Range (ADR %): Measures average daily price movement over a specified period. It is calculated by averaging the daily price range (high - low) over a set number of days (default 20 days).
⦿ Average True Range (ATR): Measures volatility by calculating the average of a true range over a specific period (default 14). It helps traders gauge the typical extent of price movement, regardless of the direction.
⦿ ATR%: Expresses the Average True Range as a percentage of the price, which allows traders to compare the volatility of stocks with different prices.
⦿ Relative Strength (RS): Compares a stock’s performance to a chosen benchmark index (default NIFTYMIDSML400) over a specific period (default 50 days).
⦿ RS Score (IBD-style): A normalized 1–100 rating inspired by Investor’s Business Daily methodology.
How it works: The RS Score is based on a weighted average of price changes over 3 months (40%), 6 months (20%), 9 months (20%), and 12 months (20%).
The raw value is converted into a percentage return, then normalized over the past 252 trading days so the lowest value maps to 1 and the highest to 100.
This produces a percentile-style score that highlights the strongest stocks in relative terms.
⦿ Relative Volume (RVol): Compares a stock's current volume to its average volume over a specific period (default 50). It is calculated by dividing the current volume by the average historical volume.
⦿ Average ₹ Volume (Turnover): Represents the total monetary value of shares traded for a stock. It's calculated by multiplying a day's closing price by its volume, with the final value converted to crores for clarity. This metric is a key indicator of a stock's liquidity and overall market interest.
⦿ Moving Average Extension: Measures how far a stock's current price has moved from from a selected moving average (EMA or SMA). This deviation is normalized by the stock's volatility (ATR%), with a default threshold of 6 ATR used to indicate that the stock is significantly extended and is marked with a selected shape (default Red Flag).
⦿ 52-Weeks High & Low: Measures a stock's current price in relation to its highest and lowest prices over the past year. It calculates the percentage a stock is below its 52-week high and above its 52-week low.
⦿ Market Capitalization: Market Cap represents the total value of all outstanding.
⦿ Free Float: It is the value of shares readily available for public trading, with the Free Float Percentage showing the proportion of shares available to the public.
⦿ Trend: Uses Supertrend indicator to identify the current trend of a stock's price. A factor (default 3) and an ATR period (default 10) is used to signal whether the trend is up or down.
⦿ Minervini Trend Template (MTT): It is a set of technical criteria designed to identify stocks in strong uptrends.
Price > 50-DMA > 150-DMA > 200-DMA
200-DMA is trending up for at least 1 month
Price is at least 30% above its 52-week low.
Price is within at least 25 percent of its 52-week high
Table highlights when a stock meets all above criteria.
⦿ Sector & Industry: Display stock's sector and industry, provides categorical classification to assist sector-based analysis. The sector is a broad economic classification, while the industry is a more specific group within that sector.
⦿ Moving Averages (MAs): Plot up to four customizable Moving Averages on a chart. You can independently set the type (Simple or Exponential), the source price, and the length for each MA to help visualize a stock's underlying trend.
MA1: Default 10-EMA
MA2: Default 20-EMA
MA3: Default 50-EMA
MA4: Default 200-EMA
⦿ Moving Average (MA) Crossover: It is a trend signal that occurs when a shorter-term moving average crosses a longer-term one. This script identifies these crossover events and plots a marker on the chart to visually signal a potential change in trend direction.
User-configurable MAs (short and long).
A bullish crossover occurs when the short MA crosses above the long MA.
A bearish crossover occurs when the short MA crosses below the long MA.
⦿ Inside Bar (IB): An Inside Bar is a candlestick whose entire price range is contained within the range of the previous bar. This script identifies this pattern, which often signals consolidation, and visually marks bullish and bearish inside bars on the chart with distinct colors and labels.
⦿ Tightness: Identifies periods of low volatility and price consolidation. It compares the price range over a short lookback period (default 3) to the average daily range (ADR). When the lookback range is smaller than the ADR, the indicator plots a marker on the chart to signal consolidation.
⦿ PowerBar (Purple Dot): Identifies candles with a strong price move on high volume. By default, it plots a purple dot when a stock moves up or down by at least 5% and has a minimum volume of 500,000. More dots indicate higher volatility and liquidity.
⦿ Squeezing Range (SQ): Identifies periods of low volatility, which can often precede a significant price move. It checks if the Bollinger Bands have narrowed to a range that is smaller than the Average True Range (ATR) for a set number of consecutive bars (default 3).
(UpperBB - LowerBB) < (ATR × 2)
⦿ Mark 52-Weeks High and Low: Marks and labels a stock's 52-Week High and Low prices directly on the chart. It draws two horizontal lines extending from the candles where the highest and lowest prices occurred over the past year, providing a clear visual reference for long-term price extremes.
⏳PineScreener Filters
The indicator’s alert conditions act as filters for PineScreener.
Price Filter: Minimum and maximum price cutoffs (default ₹25 - ₹10000).
Daily Price Change Filter: Minimum and maximum daily percent change (default -5% and 5%).
🔔 Built-in Alerts
Supports alert creation for:
ADR%, ATR/ATR %, RS, RS Rating, Turnover
Moving Average Crossover (Bullish/Bearish)
Minervini Trend Template
52-Week High/Low
Inside Bars (Bullish/Bearish)
Tightness
Squeezing Range (SQ)
⚙️ Customizable Visualization
Switchable between vertical or horizontal layout.
Works in dark/light mode
User-configurable to toggle any indicator ON or OFF.
User-configurable Moving (EMA/SMA), Period/Lengths and thresholds.
⦿ (Optional) : For horizontal table orientation increase Top Margin to 16% in Chart (Canvas) settings to avoid chart overlapping with table.
⚡ Add this script to your chart and start making smarter trade decisions today! 🚀
Multi-Timeframe MA Breakout/Breakdown Analysis📊 Overview
This sophisticated Pine Script indicator revolutionizes breakout/breakdown analysis by distinguishing between fake and genuine signals using a unique swing-level validation methodology. Unlike traditional moving average crossovers, this system validates price movements against historical swing points, providing traders with high-probability entry and exit signals across multiple timeframes.
🎯 Core Trading Methodology
The Swing Validation Concept:
Traditional MA breakouts often fail because they don't consider the context of previous price action. This indicator solves this by:
Recording swing levels when each MA is initially crossed
Validating subsequent crosses against these historical swing points
Classifying signals as fake or genuine based on this validation
Tracking signal evolution as price action develops
Signal Classification System:
🔻 Breakdown Analysis:
Fake Breakdown: Price cuts below MA but stays above the swing low from previous MA cut
Genuine Breakdown: Price cuts below MA and falls below the swing low from previous MA cut
Validation Chain: EMA 50 validates against EMA 20 swing low, EMA 100 against EMA 50 swing low, EMA 200 against EMA 100 swing low
🔺 Breakout Analysis:
Fake Breakout: Price crosses above MA but stays below the swing high from previous MA cross
Genuine Breakout: Price crosses above MA and exceeds the swing high from previous MA cross
Validation Chain: EMA 50 validates against EMA 20 swing high, EMA 100 against EMA 50 swing high, EMA 200 against EMA 100 swing high
📈 Signal Interpretation Guide
Visual Chart Signals:
Breakdown Signals:
🔻 Orange Triangle Down + "FAKE BREAKDOWN": Potential reversal opportunity - price likely to bounce
🔻 Red Triangle Down + "GENUINE BREAKDOWN": Trend continuation - expect further downside
🔺 Lime Triangle Up + "BULLISH REVERSAL": Strong buy signal after fake breakdown validation
Breakout Signals:
🔺 Orange Triangle Up + "FAKE BREAKOUT": Potential reversal opportunity - price likely to decline
🔺 Dark Red Triangle Up + "GENUINE BREAKOUT": Trend continuation - expect further upside
🔻 Fuchsia Triangle Down + "BEARISH REVERSAL": Strong sell signal after fake breakout validation
Multi-Timeframe Analysis Table:
Signal Column Interpretation:
"FAKE BD" (Orange): Fake breakdown detected - watch for bullish reversal
"GENUINE BD" (Red): Genuine breakdown - bearish continuation likely
"FAKE BO" (Orange): Fake breakout detected - watch for bearish reversal
"GENUINE BO" (Dark Red): Genuine breakout - bullish continuation likely
"BULLISH" (Lime): Bullish reversal confirmed - strong buy signal
"BEARISH" (Fuchsia): Bearish reversal confirmed - strong sell signal
Trend Column:
"BULL" (Green): EMAs in bullish sequence (20>50>100>200)
"BEAR" (Red): EMAs in bearish sequence (20<50<100<200)
"SIDE" (Gray): Sideways/mixed EMA alignment
Status Column:
"Above 200" (Green): Price above 200 EMA - bullish bias
"Below 200" (Red): Price below 200 EMA - bearish bias
"At 200" (Gray): Price at 200 EMA - neutral
💡 Trading Strategies
Strategy 1: Fake Signal Reversal Trading
For Long Entries (Fake Breakdown Reversal):
Wait for fake breakdown signal (orange triangle down)
Confirm bullish reversal (lime triangle up) when price reclaims EMAs
Enter long on bullish reversal confirmation
Stop loss below the swing low that validated the fake breakdown
Target next resistance level or previous swing high
For Short Entries (Fake Breakout Reversal):
Wait for fake breakout signal (orange triangle up)
Confirm bearish reversal (fuchsia triangle down) when price falls below EMAs
Enter short on bearish reversal confirmation
Stop loss above the swing high that validated the fake breakout
Target next support level or previous swing low
Strategy 2: Genuine Signal Trend Following
For Trend Continuation Longs:
Identify genuine breakout (dark red triangle up)
Confirm higher timeframe alignment (4H/1D showing bullish trend)
Enter on pullback to broken resistance (now support)
Stop loss below the validation swing high
Target measured move or next major resistance
For Trend Continuation Shorts:
Identify genuine breakdown (red triangle down)
Confirm higher timeframe alignment (4H/1D showing bearish trend)
Enter on pullback to broken support (now resistance)
Stop loss above the validation swing low
Target measured move or next major support
Strategy 3: Multi-Timeframe Confluence
High-Probability Setups:
Align signals across timeframes (15M signal + 4H trend confirmation)
Look for confluence (multiple timeframes showing same signal type)
Prioritize higher timeframe signals for swing/position trades
Use lower timeframes for precise entry timing
⚠️ Risk Management Rules
Position Sizing:
Fake signal trades: Reduce position size (higher risk, higher reward)
Genuine signal trades: Standard position size (trend following)
Multi-timeframe confluence: Increase position size (higher probability)
Stop Loss Guidelines:
Fake breakdown longs: Stop below validation swing low
Fake breakout shorts: Stop above validation swing high
Genuine signals: Stop beyond the MA that was broken
Reversals: Stop beyond the reversal invalidation level
Take Profit Strategies:
Scale out at key resistance/support levels
Trail stops using the 20 EMA for trend following
Take partial profits at 1:2 risk/reward ratio
Let winners run on strong trend continuation signals
🔧 Best Practices
Signal Validation:
Wait for candle close before acting on signals
Check volume confirmation on breakouts/breakdowns
Consider market context (news, earnings, etc.)
Avoid trading during low liquidity periods
Timeframe Selection:
Scalping: 15M signals with 4H trend filter
Day Trading: 4H signals with 1D trend filter
Swing Trading: 1D signals with 1W trend filter
Position Trading: 1W signals for major moves
Market Conditions:
Trending Markets: Focus on genuine signals for continuation
Range-Bound Markets: Focus on fake signals for reversals
High Volatility: Reduce position sizes and widen stops
Low Volatility: Look for breakout setups with volume
📋 Advanced Tips
Signal Evolution Monitoring:
Watch for signal transitions (fake becoming genuine or vice versa)
Adjust positions when signal classification changes
Use alerts to stay informed of signal updates
Monitor multiple timeframes for comprehensive analysis
Confluence Factors:
Support/Resistance levels at signal points
Volume spikes on genuine signals
RSI divergences with fake signals
Fibonacci retracements at reversal points
Common Pitfalls to Avoid:
Don't chase signals after significant moves
Don't ignore higher timeframe trends
Don't overtrade on every signal
Don't neglect risk management rules
🎯 Quick Reference
Bullish Signals Priority:
Bullish Reversal (Lime) - Highest priority
Fake Breakdown (Orange) - High probability reversal
Genuine Breakout (Dark Red) - Trend continuation
Bearish Signals Priority:
Bearish Reversal (Fuchsia) - Highest priority
Fake Breakout (Orange) - High probability reversal
Genuine Breakdown (Red) - Trend continuation
Multi-Timeframe Hierarchy:
1W: Major trend direction
1D: Intermediate trend and swing levels
4H: Short-term trend and entry timing
15M: Precise entry and exit points
⚡ Pro Tip: The most powerful signals occur when fake signals reverse into genuine signals in the opposite direction, creating high-momentum moves with excellent risk/reward ratios.
Disclaimer: This indicator is for educational purposes. Always combine with proper risk management, additional technical analysis, and fundamental research before making trading decisions. Past performance does not guarantee future results.
hector mena Breakout Trading with ATR, RSI and MA CrossTitle: Breakout Trading Strategy with ATR, RSI, and Moving Average Cross
Description (English):
This script combines key technical indicators—ATR (Average True Range), RSI (Relative Strength Index), and Moving Averages—to provide a comprehensive breakout trading strategy. It is designed to help traders identify significant breakout levels and confirm signals with momentum and trend analysis.
How It Works:
ATR for Breakout Levels:
The ATR is used to calculate dynamic breakout levels by adjusting the highest resistance and lowest support levels with a customizable multiplier. This ensures that breakout levels adapt to market volatility.
RSI for Momentum Confirmation:
The RSI identifies overbought and oversold conditions, providing an additional layer of confirmation for breakouts. A breakout accompanied by an RSI signal can indicate stronger momentum.
Moving Average Cross for Trend Validation:
Two simple moving averages (short-term and long-term) are included to validate the trend. A crossover suggests a potential change in trend, aligning with breakout signals.
Why Combine These Indicators?
The ATR ensures breakout levels are realistic and volatility-adjusted.
The RSI avoids false signals by confirming if the price has momentum during a breakout.
Moving Average crossovers add trend-following confirmation, helping traders align with market direction.
The combination provides a robust framework to filter out false signals and improve the reliability of trading decisions.
Key Features:
Breakout Levels: Upper and lower breakout levels dynamically calculated using ATR.
RSI Confirmation: Visual overbought (70) and oversold (30) levels and RSI plot.
Trend Validation: Short and long-term moving averages plotted on the chart with crossover signals.
Visual Alerts: Clear "BUY" and "SELL" labels for actionable signals.
Custom Alerts: Configurable alerts for breakouts and moving average crossovers.
How to Use It:
Adjust the parameters (ATR length, multiplier, RSI length, and moving averages) based on your trading strategy.
Look for "BUY" signals when:
Price breaks above the resistance level, and RSI indicates oversold conditions.
Moving averages cross bullishly.
Look for "SELL" signals when:
Price breaks below the support level, and RSI indicates overbought conditions.
Moving averages cross bearishly.
Use alerts for automated notifications about potential trades.
Notes:
This script is intended for educational purposes. Use it alongside proper risk management techniques and backtesting.
Always test in demo mode before applying it to live trading.
5x MA "Crossover" by Southnjes5 x Simple Moving average crossover script. 10/20/50/100/200. Clearly shows when your moving averages cross over each other.
Allows you to have multiple crossover indications for different MA's. Just turn on and off for moving averages and the respective crossovers which you want to see.
Great for free users as it allows you to have multiple crossovers on a single chart taking up only one slot of your 3 available.
Why I like it? Well, for me, it perfectly presented the impending issue with the potential BTC drop for NOV 2018 with the long term MA's moving down and crossing the short term MA's. (I got out). :)
Hope this helps some of you.
Triple MA Buy & Sell SignalsTriple MA Buy & Sell Signals Indicator
This indicator is designed to help traders identify high-probability entry points based on the combination of three moving averages (8, 50, and 200) while filtering signals in the direction of the main trend.
How It Works
Trend Filter (200 MA)
If the price is above the 200 MA, only BUY signals are displayed.
If the price is below the 200 MA, only SELL signals are displayed.
8 MA and 50 MA Cross (Regular Signals)
BUY (Green): When the 8 MA crosses above the 50 MA, and the price is above the 200 MA.
SELL (Red): When the 8 MA crosses below the 50 MA, and the price is below the 200 MA.
8 MA and 200 MA Cross (Major Trend Signals)
BUY (Yellow): When the 8 MA crosses above the 200 MA.
SELL (Yellow): When the 8 MA crosses below the 200 MA.
Purpose
This indicator is particularly useful for traders who follow Smart Money Concepts (SMC) or ICT-based strategies, as it helps:
Identify trend direction with the 200 MA.
Spot short-term trade entries using the 8/50 MA cross.
Highlight major trend reversals using the 8/200 MA cross.
Ratio-Adjusted McClellan Summation Index RASI NASIRatio-Adjusted McClellan Summation Index (RASI NASI)
In Book "The Complete Guide to Market Breadth Indicators" Author Gregory L. Morris states
"It is the author’s opinion that the McClellan indicators, and in particular, the McClellan Summation Index, is the single best breadth indicator available. If you had to pick just one, this would be it."
What It Does: The Ratio-Adjusted McClellan Summation Index (RASI) is a market breadth indicator that tracks the cumulative strength of advancing versus declining issues for a user-selected exchange (NASDAQ, NYSE, or AMEX). Derived from the McClellan Oscillator, it calculates ratio-adjusted net advances, applies 19-day and 39-day EMAs, and sums the oscillator values to produce the RASI. This indicator helps traders assess market health, identify bullish or bearish trends, and detect potential reversals through divergences.
Key features:
Exchange Selection : Choose NASDAQ (USI:ADVN.NQ, USI:DECL.NQ), NYSE (USI:ADVN.NY, USI:DECL.NY), or AMEX (USI:ADVN.AM, USI:DECL.AM) data.
Trend-Based Coloring : RASI line displays user-defined colors (default: black for uptrend, red for downtrend) based on its direction.
Customizable Moving Average: Add a moving average (SMA, EMA, WMA, VWMA, or RMA) with user-defined length and color (default: EMA, 21, green).
Neutral Line at Zero: Marks the neutral level for trend interpretation.
Alerts: Six custom alert conditions for trend changes, MA crosses, and zero-line crosses.
How to Use
Add to Chart: Apply the indicator to any TradingView chart. Ensure access to advancing and declining issues data for the selected exchange.
Select Exchange: Choose NASDAQ, NYSE, or AMEX in the input settings.
Customize Settings: Adjust EMA lengths, RASI colors, MA type, length, and color to match your trading style.
Interpret the Indicator :
RASI Line: Black (default) indicates an uptrend (RASI rising); red indicates a downtrend (RASI falling).
Above Zero: Suggests bullish market breadth (more advancing issues).
Below Zero : Indicates bearish breadth (more declining issues).
MA Crosses: RASI crossing above its MA signals bullish momentum; crossing below signals bearish momentum.
Divergences: Compare RASI with the market index (e.g., NASDAQ Composite) to identify potential reversals.
Large Moves : A +3,600-point move from a low (e.g., -1,550 to +1,950) may signal a significant bull run.
Set Alerts:
Add the indicator to your chart, open the TradingView alert panel, and select from six conditions (see Alerts section).
Configure notifications (e.g., email, webhook, or popup) for each condition.
Settings
Market Selection:
Exchange: Select NASDAQ, NYSE, or AMEX for advancing/declining issues data.
EMA Settings:
19-day EMA Length: Period for the shorter EMA (default: 19).
39-day EMA Length: Period for the longer EMA (default: 39).
RASI Settings:
RASI Uptrend Color: Color for rising RASI (default: black).
RASI Downtrend Color: Color for falling RASI (default: red).
RASI MA Settings:
MA Type: Choose SMA, EMA, WMA, VWMA, or RMA (default: EMA).
MA Length: Set the MA period (default: 21).
MA Color: Color for the MA line (default: green).
Alerts
The indicator uses alertcondition() to create custom alerts. Available conditions:
RASI Trend Up: RASI starts rising (based on RASI > previous RASI, shown as black line).
RASI Trend Down: RASI starts falling (based on RASI ≤ previous RASI, shown as red line).
RASI Above MA: RASI crosses above its moving average.
RASI Below MA: RASI crosses below its moving average.
RASI Bullish: RASI crosses above zero (bullish market breadth).
RASI Bearish: RASI crosses below zero (bearish market breadth).
To set alerts, add the indicator to your chart, open the TradingView alert panel, and select the desired condition.
Notes
Data Requirements: Requires access to advancing/declining issues data (e.g., USI:ADVN.NQ, USI:DECL.NQ for NASDAQ). Some symbols may require a TradingView premium subscription.
Limitations: RASI is a medium- to long-term indicator and may lag in volatile or range-bound markets. Use alongside other technical tools for confirmation.
Data Reliability : Verify the selected exchange’s data accuracy, as inconsistencies can affect results.
Debugging: If no data appears, check symbol validity (e.g., try $ADVN/Q, $DECN/Q for NASDAQ) or contact TradingView support.
Credits
Based on the Ratio-Adjusted McClellan Summation Index methodology by McClellan Financial Publications. No external code was used; the implementation is original, inspired by standard market breadth concepts.
Disclaimer
This indicator is for informational purposes only and does not constitute financial advice. Past performance is not indicative of future results. Conduct your own research and combine with other tools for informed trading decisions.
RSI Crossover Signal Companion - Alerts + Visuals🔷 RSI Crossover Signal Companion — Alerts + Visuals
The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of recent price movements. It helps traders identify overbought or oversold conditions, possible trend reversals, and momentum strength.
This utility builds on TradingView’s classic Relative Strength Index (RSI) by adding real-time alerts and triangle markers when the RSI crosses its own moving average — a common technique for early momentum detection.
It is designed as a lightweight, visual companion tool for traders using RSI/MA crossover logic in manual or semi-automated strategies.
🔍 Features
✅ Preserves the full original RSI layout, including:
• Gradient fill and overbought/oversold zones
• Standard RSI input settings (length, source, etc.)
• MA smoothing options with user-defined type and length
🔺 Adds visual triangle markers:
🔼 Up triangle when RSI crosses above its MA
🔽 Down triangle when RSI crosses below its MA
📢 Built-in alerts for RSI/MA crosses:
“RSI Crossed Above MA”
“RSI Crossed Below MA”
📈 How to Use
This script is ideal for:
• Spotting early momentum shifts
• Confirming entries or exits in other systems (price action, trendlines, breakouts)
• Building alert-based automation (webhooks, bots, etc.)
Popular use cases:
• Combine with trend indicators like MA200 or MA12
• Use in confluence with price structure and divergence
• Validate breakout moves with momentum confirmation
⚙️ Customization
RSI length, MA length, MA type, and source are fully adjustable
Triangle marker size, shape, and color can be edited under Style
Alerts are pre-built and ready for use
Multi-Symbol Trend DashboardMulti-Symbol Trend Dashboard - MA Cross Trend Monitor
Short Description
A customizable dashboard that displays trend direction across multiple symbols and timeframes using moving average crossovers.
Full Description
Overview
This Multi-Symbol Trend Dashboard allows you to monitor trend direction across 7 different symbols and 5 timeframes simultaneously in a single view. The dashboard uses moving average crossovers to determine trend direction, displaying bullish trends in green and bearish trends in red.
Key Features
Multi-Symbol Monitoring : Track up to 7 different trading instruments at once
Multi-Timeframe Analysis: View 5 different timeframes simultaneously for each instrument
Customizable Moving Averages: Choose between SMA, EMA, or WMA with adjustable periods
Visual Clarity: Color-coded cells provide immediate trend identification
Flexible Positioning: Place the dashboard anywhere on your chart
Customizable Appearance: Adjust sizes, colors, and text formatting
How It Works
The dashboard calculates a fast MA and slow MA for each symbol-timeframe combination. When the fast MA is above the slow MA, the cell shows green (bullish). When the fast MA is below the slow MA, the cell shows red (bearish).
Use Cases
Get a bird's-eye view of market trends across multiple instruments
Identify potential trading opportunities where multiple timeframes align
Monitor your watchlist without switching between charts
Spot divergences between related instruments
Track market breadth across sectors or related instruments
Notes and Limitations
Limited to 7 symbols and 5 timeframes due to TradingView's security request limits
Uses simple MA crossover as trend determination method
Dashboard is most effective when displayed on a dedicated chart
Performance may vary on lower-end devices due to multiple security requests
Settings Explanation
MA Settings: Configure the periods and types of moving averages
Display Settings: Adjust dashboard positioning and visual elements
Trading Instruments: Select which symbols to monitor (defaults to major forex pairs)
Timeframes: Choose which timeframes to display (default: M15, H1, H4, D1, W1)
Colors: Customize the color scheme for bullish/bearish indications and headers
This dashboard provides a straightforward way to maintain situational awareness across multiple markets and timeframes, helping traders identify potential setups and market conditions at a glance.
TICK+ [Pt]█ TICK+ – Advanced US Market Internals & TICK Distribution Tool
TICK+ is a comprehensive indicator that decodes US market internals by leveraging the TICK index—the net difference between stocks ticking up and those ticking down. Unlike many standard TICK tools that only plot raw values, TICK+ provides multiple visualization modes, dynamic moving averages, an independent MA Ribbon, a detailed distribution profile, divergence and pivot analysis, and real-time data tables. This integrated approach offers both visual and quantitative insights into intraday market breadth, trend sustainability, and potential reversals—making it an indispensable tool for trading US indices, futures, and blue‑chip stocks.
Market internals enthusiasts often consider the TICK index indispensable for trading these markets. By offering an immediate snapshot of sentiment and confirming trends through additional analytics, TICK+ gives traders a decisive edge—helping to determine whether a rally is truly supported by broad participation or if caution is warranted.
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█ Key Features:
► Market Internal – Multiple Display Modes:
Line Mode: Plots the TICK index as a continuous line for a clear view of real‑time values and trend direction.
Bar Mode: Uses traditional bar charts to represent the TICK index, emphasizing the magnitude of changes.
Heikin Ashi Mode: Applies the Heikin Ashi technique to smooth out fluctuations, making the underlying trend easier to discern.
Iceberg TICK Mode: Fills the area between zero and the highs in green, and between zero and the lows in red—highlighting how long the market remains in positive versus negative territory.
How It Works & Usage:
These display modes enable traders to select the visualization that best fits their analysis style. For instance, Iceberg TICK Mode highlights the duration of market strength or weakness, a critical factor for intraday directional assessment.
Comparison of Display Modes
► Dual Moving Average – Fast & Slow:
Computes two moving averages on the TICK index:
• Fast MA – reacts quickly to recent changes.
• Slow MA – confirms the overall trend.
Crossovers provide clear signals:
• Fast MA crossing above the slow MA indicates rising bullish momentum.
• Fast MA crossing below the slow MA indicates increasing bearish pressure.
How It Works & Usage:
These dual moving averages assist in detecting momentum shifts. Crossover signals can be used to time entries and exits to align with prevailing market sentiment.
Dual MA Crossover Example
► Moving Average / Smoothed MA – Smoothed & Base Moving Averages:
Calculates a Base MA and a Smoothed MA on the TICK index to reduce short‑term volatility.
Helps clarify the prevailing trend, providing additional confirmation alongside the dual moving averages.
How It Works & Usage:
These averages filter out noise and offer extra validation of the current trend, enhancing the reliability of trading signals.
Base and Smoothed MA Example
► Moving Average Ribbon – MA Ribbon:
Independently plots several moving averages together as a “ribbon,” each line customizable in length and type.
Visually reflects overall market directional strength:
• Consistent green color indicate sustained bullish conditions.
• Uniform red color indicate prevailing bearish sentiment.
How It Works & Usage:
The MA Ribbon provides a layered perspective on market internals. It enables traders to quickly gauge the robustness of a trend or identify early signs of a potential reversal.
MA Ribbon Trend and Shading
► Divergence - Pivot based – Divergence & Pivot Analysis:
Integrates divergence detection with pivot-based trendline analysis.
Identifies instances when the TICK index and price action diverge, serving as an early warning of a weakening trend.
How It Works & Usage:
Divergence signals help refine trade entries and exits by indicating potential trend reversals or adjustments in market sentiment.
Divergence Analysis
► TICK Distribution Profile – TICK Distribution Profile:
Divides the TICK index range into multiple bins to create a profile of how TICK values are distributed.
Identifies the point of control—the level where most TICK readings concentrate—relative to zero.
Allows adjustment of the lookback period to detect shifts in market bias, such as a move from a neutral zone toward extreme levels.
How It Works & Usage:
By visualizing the distribution of TICK readings, traders can monitor changes in market internals that may precede significant trend changes.
TICK Distribution Profile
► ZigZag – ZigZag:
Applies a zigzag algorithm to filter out minor fluctuations and identify significant swing highs and lows.
Highlights trend extremities and potential reversal points.
Offers an optional extension to the last bar for dynamic trend tracking.
How It Works & Usage:
The ZigZag feature helps traders focus on the major price swings that define market structure, eliminating the noise of insignificant movements.
ZigZag Example
► Pivot Trendline – Pivot Trendline:
Draws trendlines connecting pivot highs and pivot lows.
Provides settings to display only the most recent trendline or extend the last trendline.
Assists in identifying evolving support and resistance levels.
How It Works & Usage:
Pivot trendlines offer clear visual cues for key price levels and potential reversal zones, aiding in the timing of trades.
Pivot Trendline Example
► TICK Levels – TICK Levels:
Defines key thresholds for the TICK index, including neutral levels, trend zones, and overbought/oversold (OB/OS) extremes.
Highlights these levels to assist in identifying conditions that may trigger caution or present opportunities.
How It Works & Usage:
Marking these levels provides an immediate reference for assessing when the TICK index enters critical zones, guiding risk management and trade planning.
TICK Levels
► Background Color – Background Color:
Optionally changes the chart background based on TICK or moving average thresholds.
Provides additional visual cues regarding shifts in market sentiment.
How It Works & Usage:
Background color changes help reinforce key signals by immediately indicating shifts in market internals, enhancing overall situational awareness.
Background Color Example
► Data Tables – Data Table:
Displays essential market data in a single, easy-to-read table, including the TICK index source, market sentiment (e.g. Bullish, Bearish, or Neutral), trend status (such as Accelerating ⇗ or Retracing ⇘), and the current TICK value with color-coded strength.
Consolidates numerical data for a quick and precise assessment of market internals.
How It Works & Usage:
The data tables provide live, numerical feedback that complements the visual analysis, making it easy to monitor market sentiment and trend changes at a glance.
Data Table Display with Metrics
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█ Customization & Input Flexibility:
TICK+ offers extensive input options organized into feature‑specific groups, enabling traders to tailor the tool to various strategies:
► Market Internals Group:
Selects the primary TICK index source (with an optional custom override).
Provides a choice of display modes (Line, Bar, Heikin Ashi, Iceberg TICK) with configurable color schemes.
Includes options for iceberg overlays and highlighting.
► Moving Averages Groups (Dual, Smoothed/Base, MA Ribbon):
Dual MA group: Settings for fast and slow moving averages, including type, length, color, and crossover alerts.
Smoothed/Base MA group: Additional methods to filter out short‑term noise and confirm trends.
MA Ribbon group: Independently plots multiple moving averages as a ribbon, with full customization for each line.
► Divergence & Profile Groups:
Includes inputs for divergence detection (source, pivot lookback) and customization of the TICK Distribution Profile (lookback period, color thresholds, layout details).
► ZigZag & Pivot Trendline Groups:
Allows customization of zigzag parameters to highlight trend extremities.
Provides settings for pivot trendline appearance and behavior.
► TICK Levels & Background Colors:
Defines thresholds for neutral, trend, and extreme levels.
Offers color selections for level markers and optional background shading.
► Data Table Configuration:
Enables setting of table location, lookback intervals, and font size to present essential TICK metrics in a user‑friendly format.
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█ Additional Insights:
► TICK Index Fundamentals:
Monitors the net difference between stocks ticking up and down.
A positive reading indicates broader market participation, while a negative reading suggests increased selling pressure.
Understanding how long the TICK stays above or below zero is crucial for gauging intraday momentum.
► Role of Moving Averages:
Smooth out short‑term fluctuations, helping to highlight the prevailing trend.
Crossovers between fast and slow MAs can serve as clear signals for market momentum shifts.
► Interpreting the MA Ribbon:
Provides a layered perspective on market direction.
Consistent color and alignment confirm a strong trend, while variations may hint at reversals.
► Utility of the Distribution Profile:
Breaks down the TICK index into bins, identifying the point of control.
Changes in this control zone—particularly over different lookback periods—can signal potential trend changes.
► Precision of Data Tables:
Supplies live numerical feedback on key market internals, ensuring trading decisions are based on precise, real‑time measurements.
► Comparative Advantage:
Unlike many TICK tools that simply plot raw values, TICK+ provides an integrated, multidimensional analysis of market internals.
Its advanced features—ranging from unique display modes to sophisticated analytical components—make it indispensable for trading US indices, futures, and blue‑chip stocks.
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Disclaimer
This indicator is provided for educational and research purposes only and does not constitute financial advice. Trading involves risk, and thorough testing on historical data is recommended before applying any strategy using TICK+ in live markets.
