Storm Trading System This script is inspired by the following :
Fractal Dow RSI Support and Resistance ;
Moving Average Clouds ;
Let's start.
This command is based on a fun description of where we are.
Technical analysis methods are likened to a storm.
Clouds as moving average,risk factor as lightning,
fractals were taken as green and red rain.
In this system:
4 Exponential Moving Averages, ( EMA15, EMA30 , EMA45 , EMA60 ),
interpretation of my own work, Dow Factor RSI, as Fractal Support and Resistance,
interpretation of my own work , DVOG Risk Factor : with changeable background and bar color.
Fractal support resistance level codes do not belong to me.
So I'm not putting a license.
But the other codes are my labor.
Consider the risk factor not as a stop, but as a region of high attention.
It is a warning before hard movements.
And watch out for turbulence in the clouds :)
The regions above and below the clouds are major trend zones, which may take a long time.
Guide the fractals in these areas.
It allows you to comment on this and tons of similar things.
And you see where you are in the big trade from a different perspective.
Repaint issue :
Firstly our source is close . Repaint will only cause the following issue and solution:
There may be a time difference between countries as the dow factor depends on the indexes.
Do not use a low graph time frame in stocks.
Cerca negli script per "support resistance"
Adaptive Trailing StopIntroduction
The ability to adapt to possible markets states is important in technical analysis, this is why making adaptive indicator might help get better results. I propose a trailing stop indicator using recursion that can adapt to the efficiency ratio. I have added alerts since it's a often requested feature.
The Indicator
Its quite classical, bands are firstly made then a trailing stop is built around them. The bands are recursive, this allow for faster calculations in general but it also allow for a faster adaptivity. An higher length or factor will make the indicator detect longer term trends, factor determine the raising power of the efficiency ratio.
When smooth is checked the trailing stop will appear smoother.
When adaptive is unchecked the indicator will still act as a trailing stop but might be more affected to ranging markets.
Set a static/trailing stop loss :
You can set your stop loss based on the indicator, a static stop loss can be set at the value of the trailing stop when you enter the market. You can also set it as trailing stop, the indicator will follow the trend thus allowing for potential profits to grow's.
Determine The Trend Direction :
You can generate buy sell signals based on the indicator position relative to the price, when the indicator is lower than the price this indicate a up trending market, when the indicator is higher than the price this indicate a down trending market. If the trailing stop move this indicate a strong current trend.
False signals with trailing stops can happen, the price might go toward the trailing stop making it generate another signal, when market is ranging and exhibiting cyclical behaviour this can affect the indicator and the user might get stuck in a series of false signals, higher length/factor values can fix that at the cost of less early signals.
Identification Of Support And Resistance
Bands during low volatility/ranging markets can return potential reversal points when crossing with the price. The indicator can also do it, even if high/low crosses are better suited to determine support and resistance levels when using a trailing stop. You can use support/resistance identification in conjonction of the current trend detected by the indicator.
Conclusion
The indicator is fully operational in fixed mode while having potential down points in adaptive mode. As you can see the code that return the bands is fully recursive and might provide a great way to create adaptive bands in the future.
I have been asked to give more detail about the indicator uses rather than the construction, i hope the showcased uses are convenient.
Note that the showcased uses can be applied to any trailing stop.
Thanks for reading.
Higher High Lower Low Strategy (With Source Code)This script finds pivot highs and pivot lows then calculates higher highs & lower lows. And also it calculates support/resistance by using HH-HL-LL-LH points.
Generally HH and HL shows up-trend, LL and LH shows down-trend.
If price breaks resistance levels it means the trend is up or if price breaks support level it means the trend is down, so the script changes bar color blue or black. if there is up-trend then bar color is blue, or if down-trend then bar color is black. also as you can see support and resistance levels change dynamically.
If you use smaller numbers for left/right bars then it will be more sensitive.
source code of :
Pocket PivotsPocket Pivots are described in the book "Trade like an O'Neil Discipline" by Dr. Chris Kacher and Gil Morales. There’s no exact definition of Pocket Pivots, but there is an exact definition for the volume signature: The volume should be higher than the largest down volume of the last 10 trading days.
This is a modification of Pocket Pivots. We use the level where the Pocket Pivot occurred and draw a zone across the chart until the criteria for another Pocket Pivot is met again. This way we can use them as support/resistance zones. Instead of the volume being higher than the volume for each of the previous periods, we just use an SMA of the volume and make sure the volume on the final candle is higher than the average for the previous periods. Last but not least, we have the possibility to draw support/resistance levels off the back of different counts. Seven-count for hyper-aggressive pocket pivots, eight-count for aggressive, nine for measured and ten for passive.
Hyper-aggressive Pocket Pivots
Aggressive Pocket Pivots
Measured Pocket Pivots
Passive Pocket Pivots
All
Using "All" to see all the pivots can be messy, but the confluence of support/resistance is more than helpful for defining truly important levels.
People have created a methodology/rules for buying and selling with Pivot Points, but as I understand there's no general consensus on their application, so please do some research before you decide to use them in your trading.
References
www.chartmill.com
www.mypivots.com
Want to Learn?
If you'd like the opportunity to learn Pine but you have difficulty finding resources to guide you, take a look at this rudimentary list: docs.google.com
The list will be updated in the future as more people share the resources that have helped, or continue to help, them. Follow me on Twitter to keep up-to-date with the growing list of resources.
Suggestions or Questions?
Don't even kinda hesitate to forward them to me. My (metaphorical) door is always open.
Support & Resistance LevelsBasic Visualisation of key support and resistance levels.
This script works best on periods of 15minutes or greater.
The strength of the support/resistance are shown through line thickness, and support levels are shown as green and resistance levels red.
Indicator: Relative Volume Indicator & Freedom Of MovementRelative Volume Indicator
------------------------------
RVI is a support-resistance technical indicator developed by Melvin E. Dickover. Unlike many conventional support and resistance indicators, the Relative Volume Indicator takes into account price-volume behavior in order to detect the supply and demand pools. These pools are marked by "Defended Price Lines" (DPLs), also introduced by the author.
RVI is usually plotted as a histogram; its bars are highlighted (black, by default) when the volume is unusually large. According to the author, this happens if the indicator value exceeds 2.0, thus signifying that a possible DPL is present.
DPLs are horizontal lines that run across the chart at levels defined by following conditions:
* Overlapping bars: If the indicator spike (i.e., indicator is above 2.0 or a custom value)
corresponds to a price bar overlapping the previous one, the previous close can be used as the
DPL value.
* Very large bars: If the indicator spike corresponds to a price bar of a large size, use its
close price as the DPL value.
* Gapping bars: If the indicator spike corresponds to a price bar gapping from the previous bar,
the DPL value will depend on the gap size. Small gaps can be ignored: the author suggests using
the previous close as the DPL value. When the gap is big, the close of the latter bar is used
instead.
* Clustering spikes: If the indicator spikes come in clusters, use the extreme close or open
price of the bar corresponding to the last or next to last spike in cluster.
DPLs can be used as support and resistance levels. In order confirm and refine them, RVI is used along with the FreedomOfMovement indicator discussed next.
Freedom of Movement Indicator
------------------------------
FOM is a support-resistance technical indicator, also by Melvin E. Dickover. FOM is the ratio of relative effect (relative price change) to the relative effort (normalized volume), expressed in standard deviations. This value is plotted as a histogram; its bars are highlighted (black, by default( when this ratio is unusually high. These highlighted bars, or "spikes", define the positioning of the DPLs.
Suggestions for placing DPLs are the same as for the Relative Volume Indicator discussed above.
Note that clustering spikes provide the strongest DPLs while isolated spikes can be used to confirm and refine those provided by the Relative Volume Indicator. Coincidence of spikes of the two indicator can be considered a sign of greater strength of the DPL.
More info:
S&C magazine, April 2014.
I am still trying these on various instruments to understand the workings more. Don't forget to share what you learn -- any use cases / ideal scenarios / gotchas, would love to hear them all.
London & NY Sessions (Volatility Coloring)Description:
This indicator highlights the London and New York trading sessions directly on your chart using dynamic color intensity based on volatility (ATR).
Darker boxes = higher volatility, lighter boxes = calmer markets.
It also tracks and labels the session highs and lows for each day.
The overlap between London and NY sessions is shown in a distinct color when enabled.
How to Use:
Apply the indicator to any intraday chart (e.g., 15m, 1h).
Use the session boxes to identify high-activity periods.
Watch the color intensity to gauge real-time volatility.
Session highs and lows can act as key support/resistance.
Customize the session colors, volatility sensitivity (ATR length), and label (you can turn them On or Off) display in settings.
Customize your time zone based on your location in pine editor.
Historical & Periodic Key LevelsThis TradingView indicator ("Historical & Periodic Key Levels" 📈) automatically plots significant price levels on your chart, providing a clear visual reference for potential support and resistance areas.
Key Levels Displayed 🔑:
* All-Time High (ATH) 🔼: The highest price reached in the available history for the instrument.
* All-Time Low (ATL) 🔽: The lowest price reached in the available history for the instrument.
* Previous Daily Close D: The closing price of the previous trading day.
* Previous Weekly Close W: The closing price of the previous trading week.
* Previous Monthly Close M: The closing price of the previous trading month.
* Previous Yearly Close Y: The closing price of the previous trading year.
Features ✨:
* Clear Visualization 👁️: Levels are plotted as horizontal lines, extending to the most recent bar.
* Customizable Visibility 🕶️: Toggle the display of each key level type (ATH, ATL, Daily, Weekly, Monthly, Yearly closes) individually via the input settings.
* Customizable Colors 🎨: Set distinct colors for ATH, ATL, and each of the periodic close lines to suit your charting preferences.
* Adjustable Line Width ―: Control the thickness of the ATH/ATL lines and the periodic close lines separately.
* Informative Labels 🏷️: On the most recent bar, labels display the value and type of each active level (e.g., "ATH - 01/01/23", "D Close"). The ATH/ATL labels also include the date the level was established.
* Dynamic Updates 🔄: ATH and ATL levels update automatically if new highs or lows are made.
How to Use 🛠️:
1. Add the "Key Levels" indicator to your TradingView chart.
2. In the indicator settings, customize which levels you want to see (ATH, ATL, Daily Close, etc.).
3. Adjust the colors and line widths for optimal visibility on your chart setup.
4. Use the plotted lines as potential reference points for support, resistance, and overall market context.
This indicator is useful for traders who employ key historical and periodic price levels in their technical analysis strategy. It helps in quickly identifying significant price points without manual plotting.
Created by YouNesta ✍️
3 Bollinger Bands (Shaded) & 5 EMAs3 Bollinger Bands (Shaded) & 5 EMAs – Multi-Timeframe Trend & Volatility Indicator
This powerful and customizable indicator overlays three shaded Bollinger Bands and five Exponential Moving Averages (EMAs) on your chart. It's designed to give traders a clear view of volatility, trend direction, and dynamic support/resistance levels across multiple timeframes.
✅ Features:
3 Bollinger Bands:
Independent configuration of period, standard deviation, timeframe, and color.
Beautiful shaded zones between upper and lower bands for clear visualization of volatility.
5 EMAs:
Fully customizable period, timeframe, and color.
Useful for identifying multi-timeframe trend alignment and crossovers.
🔧 Use Cases:
Confirm trend strength and direction.
Spot mean reversion or breakout zones using Bollinger Bands.
Detect dynamic support/resistance via EMAs.
Align short-term and long-term trends using multi-timeframe analysis.
🛠️ How to Use:
Customize each EMA and BB to your preferred settings.
Use shaded bands to identify high-volatility zones or squeeze conditions.
Watch for price interacting with key EMAs or bouncing within/outside Bollinger Bands for trade setups.
High Probability FVG Detector (MTF)Utilizes the logic behind why Fair Value Gaps exist in the first place; momentum leaving orders partially filled, therefore leaving resting liquidity that still needs to be filled. The more orders remaining, the higher the likelihood of price revisiting. However, there are high quality fair value gaps and low quality fair value gaps. High quality FVG's (the one's most likely to act as support/resistance) would likely be formed during high liquidity. This creates a more volume saturated zone. Saturation meaning remaining orders at each tick level, or as close as possible. Low quality FVG's would be one's formed during low liquidity, which price movement range is more related to gaps in the order book (thin ladder) rather than volume based momentum. Due to the limitations of Pine Script I don't have access to DOM/Order Book functionality but this indicator will make use of volume. Here is the executive summary:
FVG Detection: It scans the price action for the specific three-candle pattern that defines a bullish or bearish FVG.
Multi-Timeframe (MTF) Capability: It allows you to detect FVGs on a timeframe different from the one currently displayed on your chart (e.g., find 1-hour FVGs while looking at a 5-minute chart).
Probability Filtering: It attempts to classify FVGs based on the conditions during their formation.
Volume Filter: Checks if the FVG was formed with volume significantly higher than average (indicating strong participation).
Candle Range Filter: Checks if the FVG was formed by a candle with a significantly larger range than average (using ATR, indicating strong momentum/volatility).
Differentiated Coloring: It visually distinguishes between different types of FVGs using different colors.
High Probability: FVGs that meet the enabled Volume and/or Range filter criteria.
Low Volume: FVGs that specifically fail the Volume filter (when enabled), potentially indicating weaker conviction.
Regular: FVGs that don't meet any specific filter criteria (if the option to show them is enabled).
Mitigation Tracking: It monitors if the price later trades back into the identified FVG zone (based on either the wick touching or the body closing within the zone, selectable by the user) and changes the color of the FVG box once this happens.
Visual Display: It draws colored boxes representing the price range of the FVGs, optionally extending unmitigated boxes into the future for easy visibility.
In essence, the indicator aims to automate the detection of these price inefficiencies, filter them based on volume and momentum characteristics, and track when they are revisited by price, providing traders with visual cues about potentially significant support/resistance zones and/or target zones for trading into.
ORB Advanced Cloud Indicator & FIB's by TenAMTraderSummary: ORB Advanced Cloud Indicator with Alerts and Fibonacci Retracement Targets by TenAMTrader
This TradingView script is an advanced version of the Opening Range Breakout (ORB) indicator, enhanced with visual clouds and Fibonacci retracement/extension levels. It is designed to help traders identify key price levels and track price movements relative to those levels throughout the trading day. The script includes alert functionalities to notify traders when price crosses key levels and when Fibonacci levels are reached, which can serve as potential entry and exit targets.
Key Features:
Primary and Secondary Range Calculation:
The indicator calculates the primary range (defined by a start and end time) and optionally, a secondary range.
The primary range includes the highest and lowest prices during the designated time period, as well as the midpoint of this range.
The secondary range (if enabled) tracks another price range during a second time period, with its own high, low, and midpoint.
Visual Clouds:
The script draws colored clouds between the high, midpoint, and low of the opening range.
The upper cloud spans between the Opening High and Midpoint, while the lower cloud spans between the Midpoint and Opening Low.
Similarly, a second set of clouds can be drawn for the secondary range (if enabled).
Fibonacci Levels:
The script calculates Fibonacci retracement and extension levels based on the primary range (the difference between the Opening High and Opening Low).
Fibonacci levels can be used as entry and exit targets in a trading strategy, as these levels often act as potential support/resistance zones.
Fibonacci levels include standard values like -0.236, -0.382, -0.618, and positive extensions like 1.236, 1.618, etc.
Customizable Alerts:
Alerts can be set to trigger when:
The price crosses above the Opening High.
The price crosses below the Opening Low.
The price crosses the Opening Midpoint.
These alerts can help traders act quickly on important price movements relative to the opening range.
Customization Options:
The indicator allows users to adjust the time settings for both the primary and secondary ranges.
Custom colors can be set for the lines, clouds, and Fibonacci levels.
The visibility of each line and cloud can be toggled on or off, giving users flexibility in how the chart is displayed.
Fibonacci Levels Overview:
The script includes several Fibonacci retracement and extension levels:
Negative Retracements (e.g., -0.236, -0.382, -0.50, -0.618, etc.) are plotted below the Opening Low, and can act as potential support levels in a downtrend.
Positive Extensions (e.g., 1.236, 1.382, 1.618, 2.0, etc.) are plotted above the Opening High, and can act as potential resistance levels in an uptrend.
Fib levels can be used as entry and exit targets to capitalize on price reversals or breakouts.
Safety Warning:
This script is for educational and informational purposes only and is not intended as financial advice. While it provides valuable technical information about price ranges and Fibonacci levels, trading always involves risk. Users are encouraged to:
Paper trade or use a demo account before applying this indicator with real capital.
Use proper risk management strategies, including stop-loss orders, to protect against unexpected market movements.
Understand that no trading strategy, indicator, or tool can guarantee profits, and losses can occur.
Important: The creator, TenAMTrader, and TradingView are not responsible for any financial losses resulting from the use of this script. Always trade responsibly, and ensure you fully understand the risks involved in any trading strategy.
MTF VEGASThe MTF Tunnel Vegas indicator is a multi-timeframe (MTF) technical analysis tool designed to help traders identify trends and key price zones. It is based on the Vegas Tunnel system, which uses three key exponential moving averages (EMAs) — the 144, 169, and 233-period EMAs — to create a dynamic tunnel or channel on the price chart.
The purpose of this tunnel is to highlight zones where price may react, either as support/resistance or as breakout levels. When price approaches, bounces off, or crosses the tunnel, it can signal potential trading opportunities, whether for continuation or reversal setups.
The MTF component means that the indicator overlays the tunnel from a higher timeframe directly onto the current chart, giving traders a clear view of the larger trend context without needing to switch between multiple charts. This allows for better alignment of short-term decisions with long-term trend dynamics.
Key features:
✅ Plots 144, 169, and 233-period EMA tunnels from higher timeframes
✅ Highlights dynamic zones of support and resistance
✅ Helps traders stay aligned with the dominant trend
✅ Reduces chart noise and improves trade filtering
CUSTOM PRO RANGE V2.0 with AlertsCore Functions
Tracks High/Low Ranges
Daily (DR) or Initial (IDR) ranges within custom time windows (e.g., 9:30 AM–4:00 PM).
Optional extended hours (e.g., overnight).
Visual Tools
Draws boxes/lines for range boundaries, midpoints, and opening prices.
Custom colors/styles for clarity.
Smart Alerts
Notifies when price breaks high/low/mid of the range.
Avoids spam with once-per-bar alerts.
Flexible Timeframes
Works for intraday, daily, or even quarterly ranges with minor tweaks.
🎯 Who It Helps
Day Traders: Spot breakouts/reversals.
Swing Traders: Identify key support/resistance.
Analysts: Study price behavior in specific sessions.
PowerHouse SwiftEdge AI v2.10 with Custom Filters & AI AnalysisPowerHouse SwiftEdge AI v2.10 with Custom Filters & AI Analysis
Overview
PowerHouse SwiftEdge AI v2.10 is an advanced TradingView Pine Script indicator designed to identify high-probability trading setups by combining pivot-based structure analysis, multi-timeframe trend detection, and adaptive AI-driven signal filtering. The script integrates Change of Character (CHoCH) and Break of Structure (BOS) signals with customizable momentum, volume, breakout, and trend filters to enhance trade precision. Additionally, it offers an optional AI Market Analysis module that predicts future price trends across multiple timeframes, providing traders with a comprehensive market outlook.
The script is highly customizable, allowing users to tailor inputs to their trading style, whether for scalping, swing trading, or long-term strategies. It is suitable for all asset classes, including stocks, forex, crypto, and commodities, and performs optimally on timeframes ranging from 1-minute to daily charts.
Key Features
Pivot-Based Signal Generation:
Identifies pivot highs and lows to detect CHoCH (reversal patterns) and BOS (continuation patterns).
Signals are plotted as "Buy" or "Sell" labels with optional "Get Ready" pre-signals to prepare traders for potential setups.
Take-profit (TP) levels are automatically calculated based on user-defined points, with optional TP box visualization.
Multi-Timeframe Trend Analysis:
Analyzes trends across seven timeframes (1M, 5M, 15M, 30M, 1H, 4H, D) using EMA and VWAP to determine bullish, bearish, or neutral conditions.
Displays a futuristic AI-Trend Matrix dashboard showing trend direction, strength, and confidence levels for quick decision-making.
Customizable Signal Filters:
Momentum Filter: Ensures signals align with significant price changes, adjusted dynamically using ATR-based volatility.
Higher Timeframe Trend Filter: Requires signals to align with the trend of a user-selected higher timeframe (e.g., 1H).
Lower Timeframe Trend Filter: Prevents signals that conflict with the trend of a user-selected lower timeframe (e.g., 5M).
Volume Filter: Optionally requires above-average volume to confirm signals.
Breakout Filter: Optionally requires price to break previous highs/lows for signal validation.
Repeated Signal Restriction: Prevents consecutive signals in the same trend direction until the trend changes on a user-defined timeframe.
AI-Driven Adaptivity:
Incorporates Cumulative Volume Delta (CVD) to assess buying/selling pressure and classify market volatility (Low, Medium, High).
Uses ATR to dynamically adjust momentum thresholds, ensuring signals adapt to current market conditions.
Optional AI Market Analysis module predicts trends across multiple timeframes by combining trend, momentum, and volatility scores.
Visual Elements:
Plots CHoCH and BOS levels as horizontal lines with distinct colors (aqua for CHoCH sell, lime for CHoCH buy, fuchsia for BOS sell, teal for BOS buy).
Draws dynamic support and resistance trendlines based on short and long-term price action, colored by trend strength.
Displays TP levels and pivot highs/lows for easy reference.
How It Works
The script combines several technical analysis concepts to create a robust trading system:
Market Structure Analysis:
Pivot highs and lows are identified using a user-defined lookback period (Pivot Length).
CHoCH occurs when price crosses below a pivot high (bearish reversal) or above a pivot low (bullish reversal).
BOS occurs when price breaks a previous pivot low (bearish continuation) or pivot high (bullish continuation).
Trend and Momentum Integration:
Trends are determined by comparing price to EMA and VWAP on multiple timeframes.
Momentum is calculated as the percentage price change, with thresholds adjusted by ATR to account for volatility.
"Get Ready" signals appear when momentum approaches the threshold, preparing traders for potential CHoCH or BOS signals.
Signal Filtering:
Filters ensure signals align with user-defined criteria (e.g., trend direction, volume, breakouts).
The Restrict Repeated Signals option prevents over-signaling by requiring a trend change on a specified timeframe before generating a new signal in the same direction.
AI Market Analysis:
The optional AI module calculates a score for each timeframe based on trend direction, momentum, and volatility (ATR compared to its SMA).
Scores are translated into predictions (▲ for bullish, ▼ for bearish, — for neutral), displayed in a dedicated table.
CVD and Volatility Context:
CVD tracks buying vs. selling pressure by accumulating volume based on price direction.
Volatility is classified using CVD magnitude, influencing the script’s visual cues and signal sensitivity.
Why This Combination?
The integration of pivot-based structure analysis, multi-timeframe trend filtering, and AI-driven adaptivity addresses common trading challenges:
Precision: CHoCH and BOS signals focus on key market turning points, reducing noise from minor price fluctuations.
Context: Multi-timeframe analysis ensures trades align with broader market trends, improving win rates.
Adaptivity: ATR and CVD adjustments make the script responsive to changing market conditions, avoiding static thresholds that fail in volatile or quiet markets.
Customization: Extensive input options allow traders to adapt the script to their preferred markets, timeframes, and risk profiles.
Predictive Insight: The AI Market Analysis module provides forward-looking trend predictions, helping traders anticipate market moves.
This combination creates a self-contained system that balances responsiveness with reliability, making it suitable for both novice and experienced traders.
How to Use
Add to Chart:
Apply the indicator to your TradingView chart for any asset and timeframe.
Recommended timeframes: 5M to 1H for scalping/day trading, 4H to D for swing trading.
Configure Inputs:
Pivot Length: Adjust (default 5) to control sensitivity to pivot highs/lows. Lower values for faster signals, higher for stronger confirmations.
Momentum Threshold: Set the minimum price change (default 0.01%) for signals. Increase for stricter conditions.
Take Profit Points: Define TP distance (default 10 points). Adjust based on asset volatility.
Signal Filters: Enable/disable filters (momentum, trend, volume, breakout) to match your strategy.
Higher/Lower Timeframe: Select timeframes for trend alignment (e.g., 1H for higher, 5M for lower).
AI Market Analysis: Enable for predictive trend insights across timeframes.
Get Ready Signals: Enable to see pre-signals for potential setups.
Interpret Signals:
Buy/Sell Labels: Act on green "Buy" or red "Sell" labels, confirming with TP levels and trend direction.
Get Ready Labels: Yellow "Get Ready BUY" or orange "Get Ready SELL" indicate potential setups; prepare but wait for confirmation.
CHoCH/BOS Lines: Use aqua/lime (CHoCH) and fuchsia/teal (BOS) lines as key support/resistance levels.
AI-Trend Matrix: Check the top-right dashboard for trend strength (%), confidence (%), and timeframe-specific trends.
AI Market Analysis Table: If enabled, view predictions (▲/▼/—) for each timeframe to anticipate market direction.
Trading Tips:
Combine signals with other indicators (e.g., RSI, MACD) for additional confirmation.
Use higher timeframe trend alignment for higher-probability trades.
Adjust TP and signal distance based on asset volatility and trading style.
Monitor the AI-Trend Matrix for trend strength; values above 50% or below -50% indicate strong directional bias.
Originality
PowerHouse SwiftEdge AI v2.10 stands out due to its unique blend of:
Adaptive Signal Generation: ATR-based momentum thresholds and CVD-driven volatility context ensure signals remain relevant across market conditions.
Multi-Timeframe Synergy: The script’s ability to filter signals based on both higher and lower timeframe trends provides a rare balance of precision and context.
AI-Powered Insights: The AI Market Analysis module offers predictive capabilities not commonly found in traditional indicators, simulating institutional-grade analysis.
Visual Clarity: The futuristic dashboard and color-coded trendlines make complex data accessible, enhancing usability for all trader levels.
Unlike standalone pivot or trend indicators, this script integrates multiple layers of analysis into a cohesive system, reducing false signals and providing actionable insights without requiring external tools or research.
Limitations
False Signals: No indicator is foolproof; signals may fail in choppy or low-volume markets. Use filters to mitigate.
Timeframe Sensitivity: Performance varies by timeframe and asset. Test settings thoroughly.
AI Predictions: The AI Market Analysis is based on historical data and simplified scoring; it’s not a guaranteed forecast.
Resource Usage: Enabling all filters and AI analysis may slow performance on lower-end devices.
Weekday Colors with Time Highlighting by NabojeetThis script is a Pine Script (version 6) indicator called "Weekday Colors with Time Highlighting" designed for TradingView charts. It has several key functions:
1. **Weekday Color Coding**:
- Assigns different background colors to each trading day (Monday through Friday)
- Allows users to customize the color for each day
- Includes toggles to enable/disable colors for specific days
2. **Time Range Highlighting**:
- Highlights a specific time period (e.g., 18:15-18:30) on every trading day
- Uses a custom color that can be adjusted by the user
- The time range is specified in HHMM-HHMM format
3. **High/Low Line Drawing**:
- Automatically identifies the highest high and lowest low points within the specified time range
- Draws horizontal lines at these levels when the time period ends
- Lines extend forward in time to serve as support/resistance references
- Users can customize the line color, width, and style (solid, dotted, or dashed)
The script is organized into logical sections with input parameters grouped by function (Weekday Colors, Weekday Display, Time Highlighting, and Horizontal Lines). Each section's inputs are customizable through the indicator settings panel.
This indicator would be particularly useful for traders who:
- Want visual distinction between different trading days
- Focus on specific time periods each day (like market opens, closes, or specific sessions)
- Use intraday support/resistance levels from key time periods
- Want to quickly identify session highs and lows
The implementation resets tracking variables at the beginning of each new time range and draws the lines once the time period ends, ensuring accurate high/low marking for each day's specified time window.
Author - Nabojeet
Alpha Beta Gamma with Volume CandleAlpha Beta Gamma with Volume Candle
This Pine Script indicator analyzes price dynamics and volume activity to assist traders in identifying momentum, reversals, and key price levels. It calculates three proprietary metrics—Alpha, Beta, and Gamma—based on a user-selected price type (e.g., Open, Close, HL2) and timeframe, using a lookback period (default 37 bars). These metrics normalize price movements relative to the range of highs and lows, helping traders gauge market strength and positioning.
How It Works:
Alpha: Measures the distance of the selected price from the lowest price over the lookback period, normalized by the period length.
Beta: Represents the full price range (high minus low) over the lookback period, scaled by the period length.
Gamma: Normalizes the price’s position within the high-low range, providing a 0–1 scale for relative positioning.
Volume Analysis: The script classifies candles based on volume thresholds relative to a simple moving average (SMA, default 400 bars). High volume (≥ 2x SMA), low volume (≤ 0.5x SMA), and strong signal volume (≥ 1.5x SMA) trigger distinct candle colors to highlight bullish (e.g., deep blue, violet) or bearish (e.g., aqua, pink) conditions.
Custom Bands: Nine horizontal levels (0 to 1, divided into eight equal parts) act as dynamic support/resistance zones, useful for grid-based trading or breakout strategies.
How to Use:
Inputs:
Chart Timeframe: Select the timeframe for price data (e.g., 1H, 1D).
Price Type: Choose the price metric (e.g., Close, HL2) for calculations.
ABG Length: Adjust the lookback period (default 37) for sensitivity.
Volume MA Length: Set the SMA period for volume analysis (default 400).
Volume Thresholds: Customize high, low, and strong volume multipliers.
Visual Settings: Toggle labels, custom bands, and table display; adjust line styles, label sizes, and table positions.
Interpretation:
Use Alpha, Beta, and Gamma plots to assess price momentum and range dynamics.
Monitor colored candles for volume-driven signals (e.g., violet for strong bullish volume).
Leverage custom bands for support/resistance or breakout trading.
Check the table for real-time ABG values and percentage changes.
Settings Tips:
For scalping, reduce the ABG Length (e.g., 20) and use a shorter timeframe (e.g., 5M).
For swing trading, increase the Volume MA Length (e.g., 600) for more stable volume signals.
Enable labels and custom bands for visual clarity on key levels.
This indicator is versatile for various trading styles, combining price-based metrics with volume analysis to enhance decision-making.
Smart Market Matrix Smart Market Matrix
This indicator is designed for intraday, scalping, providing automated detection of price pivots, liquidity traps, and breakout confirmations, along with a context dashboard featuring volatility, trend, and volume.
## Summary Description
### Menu Settings & Their Roles
- **Swing Pivot Strength**: Controls the sensitivity for detecting High/Low pivots.
- **Show Pivot Points**: Toggles the display of HH/LL markers on the chart.
- **VWMA Length for Trap Volume** & **Volume Spike Multiplier**: Identify concentrated volume spikes for liquidity traps.
- **Wick Ratio Threshold** & **Max Body Size Ratio**: Detect candles with disproportionate wicks and small bodies (doji-ish) for traps.
- **ATR Length for Trap**: Measures volatility specific to trap detection.
- **VWMA Length for Breakout Volume**, **ATR Multiplier for Breakout**, **ATR Length for Breakout**, **Min Body/Range Ratio**: Set adaptive breakout thresholds based on volatility and volume.
- **OBV Smooth Length**: Smooths OBV momentum for breakout confirmation.
- **Enable VWAP Filter for Confirmations**: Optionally validate breakouts against the VWAP.
- **Enable Higher-TF Trend Filter** & **Trend Filter Timeframe**: Align breakout signals with the 1h/4h/Daily trend.
- **ADX Length**, **EMA Fast/Slow Length for Context**: Parameters for the context dashboard (Volatility, Trend, Volume).
- **Show Intraday VWAP Line**, **VWAP Line Color/Width**: Display the intraday VWAP line with custom style.
### Signal Interpretation Map
| Signal | Description | Recommended Action |
|--------------------------------|-----------------------------------------------------------|-------------------------------------------|
| 📌 **HH / LL (pivot)** | Market structure (support/resistance) | Note key levels |
| **Bull Trap(green diamond)** | Sweep down + volume spike + wick + rejection | Go long with trend filter
| **Bear Trap(red diamond)** | Sweep up + volume spike + wick + rejection | Go short with trend filter
| 🔵⬆️ **Breakout Confirmed Up** | Close > ATR‑scaled high + volume + OBV↑ | Go long with trend filter |
| 🔵⬇️ **Breakout Confirmed Down** | Close < ATR‑scaled low + volume + OBV↓ | Go short with trend filter |
| 📊 **VWAP Line** | Intraday reference to guide price | Use as dynamic support/resistance |
| ⚡ **Volatility** | ATR ratio High/Med/Low | Adjust position size |
| 📈 **Trend Context** | ADX+EMA Strong/Moderate/Weak | Confirm trend direction |
| 🔍 **Volume Context** | Breakout / Rising / Falling / Calm | Check volume momentum |
*This summary gives you a quick overview of the key settings and how to interpret signals for efficient intraday scalping.*
### Suggested Settings
- **Intraday Scalping (5m–15m)**
- `Swing Pivot Strength = 5`
- `VWMA Length for Trap Volume = 10`, `Volume Spike Multiplier = 1.6`
- `ATR Length for Trap = 7`
- `VWMA Length for Breakout Volume = 12`, `ATR Length for Breakout = 9`, `ATR Multiplier for Breakout = 0.5`
- `Min Body/Range Ratio for Breakout = 0.5`, `OBV Smooth Length = 7`
- `Enable Higher-TF Trend Filter = true` (TF = 60)
- `Show Intraday VWAP Line = true` (Color = orange, Width = 2)
- **Swing Trading (4h–Daily)**
- `Swing Pivot Strength = 10`
- `VWMA Length for Trap Volume = 20`, `Volume Spike Multiplier = 2.0`
- `ATR Length for Trap = 14`
- `VWMA Length for Breakout Volume = 30`, `ATR Length for Breakout = 14`, `ATR Multiplier for Breakout = 0.8`
- `Min Body/Range Ratio for Breakout = 0.7`, `OBV Smooth Length = 14`
- `Enable Higher-TF Trend Filter = true` (TF = D)
- `Show Intraday VWAP Line = false`
*Adjust these values based on the symbol and market volatility for optimal performance.*
Price Map Profile [BigBeluga]An advanced volume-based tool designed to map out how trading activity is distributed across price levels. It combines dynamic volume profiling with structural pivot detection to highlight key levels of interest in the market — including hidden support/resistance zones and dominant liquidity areas.
Unlike traditional volume profiles locked to fixed sessions, this indicator continuously processes historical bars to build a real-time "map" of volume distribution. It intelligently reveals where buyers and sellers were most active, helping traders pinpoint high-impact zones with clarity.
🔵 KEY FEATURES
Creates a volume map profile by scanning price action over a defined lookback window (`length`).
Divides price vertically into volume bins (default: 100) and aggregates either total volume or bar count per bin.
Bins are plotted as horizontal zones extending to the right of the chart — wider offset means more volume at that price.
Each zone is color-coded using gradients to represent volume magnitude:
- Below average volume = cool tones (blue/teal)
- Above average volume = warm tones (red/orange)
The highest volume bin is highlighted with a red label showing the exact volume, helping to identify strong price agreement.
Detects pivot highs and lows using a 15-bar swing method, marking them as potential S/R levels.
If a pivot level is located inside a low-volume zone (volume < average), it is emphasized with a dashed line and label .
Pivot line color matches direction:
- High pivots = yellow
- Low pivots = aqua
The volume of the bin containing the pivot is shown alongside the pivot, providing volume context for the structural level.
Filters out nearby duplicate pivots using ATR-based distance checks to ensure clean and non-redundant signals.
🔵 HOW TO USE
Use the wide red zones as liquidity and consolidation areas where price may stall, reverse, or absorb volume.
Pivot-based dashed lines within low-volume zones highlight hidden support/resistance levels where price may react sharply.
Combine this indicator with trend or order flow tools to validate reversal or breakout setups .
Switch between Volume and Frequency modes to adapt to the type of data your asset provides.
🔵 CONCLUSION
The Price Map Profile transforms raw volume into an actionable visual map. By aligning volume depth with key market structure levels, it helps traders identify where market participants are most active — and where hidden inefficiencies lie. Ideal for traders seeking precision entries, dynamic S/R zones, and deeper volume structure insight.
Easy MA SignalsEasy MA Signals
Overview
Easy MA Signals is a versatile Pine Script indicator designed to help traders visualize moving average (MA) trends, generate buy/sell signals based on crossovers or custom price levels, and enhance chart analysis with volume-based candlestick coloring. Built with flexibility in mind, it supports multiple MA types, crossover options, and customizable signal appearances, making it suitable for traders of all levels. Whether you're a day trader, swing trader, or long-term investor, this indicator provides actionable insights while keeping your charts clean and intuitive.
Configure the Settings
The indicator is divided into three input groups for ease of use:
General Settings:
Candlestick Color Scheme: Choose from 10 volume-based color schemes (e.g., Sapphire Pulse, Emerald Spark) to highlight high/low volume candles. Select “None” for TradingView’s default colors.
Moving Average Length: Set the MA period (default: 20). Adjust for faster (lower values) or slower (higher values) signals.
Moving Average Type: Choose between SMA, EMA, or WMA (default: EMA).
Show Buy/Sell Signals: Enable/disable signal plotting (default: enabled).
Moving Average Crossover: Select a crossover type (e.g., MA vs VWAP, MA vs SMA50) for signals or “None” to disable.
Volume Influence: Adjust how volume impacts candlestick colors (default: 1.2). Higher values make thresholds stricter.
Signal Appearance Settings:
Buy/Sell Signal Shape: Choose shapes like triangles, arrows, or labels for signals.
Buy/Sell Signal Position: Place signals above or below bars.
Buy/Sell Signal Color: Customize colors for better visibility (default: green for buy, red for sell).
Custom Price Alerts:
Custom Buy/Sell Alert Price: Set specific price levels for alerts (default: 0, disabled). Enter a non-zero value to enable.
Set Up Alerts
To receive notifications (e.g., sound, popup, email) when signals or custom price levels are hit:
Click the Alert button (alarm clock icon) in TradingView.
Select Easy MA Signals as the condition and choose one of the four alert types:
MA Crossover Buy Alert: Triggers on MA crossover buy signals.
MA Crossover Sell Alert: Triggers on MA crossover sell signals.
Custom Buy Alert: Triggers when price crosses above the custom buy price.
Custom Sell Alert: Triggers when price crosses below the custom sell price.
Enable Play Sound and select a sound (e.g., “Bell”).
Set the frequency (e.g., Once Per Bar Close for confirmed signals) and create the alert.
Analyze the Chart
Moving Average Line: Displays the selected MA with color changes (green for bullish, red for bearish, gray for neutral) based on price position relative to the MA.
Buy/Sell Signals: Appear as shapes or labels when crossovers or custom price levels are hit.
Candlestick Colors: If a color scheme is selected, candles change color based on volume strength (high, low, or neutral), aiding in trend confirmation.
Why Use Easy MA Signals?
Easy MA Signals is designed to simplify technical analysis while offering advanced customization. It’s ideal for traders who want:
A clear visualization of MA trends and crossovers.
Flexible signal generation based on MA crossovers or custom price levels.
Volume-enhanced candlestick coloring to identify market strength.
Easy-to-use settings with tooltips for beginners and pros alike.
This script is particularly valuable because it combines multiple features into one indicator, reducing chart clutter and providing actionable insights without overwhelming the user.
Benefits of Easy MA Signals
Highly Customizable: Supports SMA, EMA, and WMA with adjustable lengths.
Offers multiple crossover options (VWAP, SMA10, SMA20, etc.) for tailored strategies.
Custom price alerts allow precise targeting of key levels.
Volume-Based Candlestick Coloring: 10 unique color schemes highlight volume strength, helping traders confirm trends.
Adjustable volume influence ensures adaptability to different markets.
Flexible Signal Visualization: Choose from various signal shapes (triangles, arrows, labels) and positions (above/below bars).
Customizable colors improve visibility on any chart background.
Alert Integration: Built-in alert conditions for crossovers and custom prices support sound, email, and app notifications.
Easy setup for real-time trading decisions.
User-Friendly Design: Organized input groups with clear tooltips make configuration intuitive.
Suitable for beginners and advanced traders alike.
Example Use Cases
Swing Trading with MA Crossovers:
Scenario: A trader wants to trade Bitcoin (BTC/USD) on a 4-hour chart using an EMA crossover strategy.
Setup:
Set Moving Average Type to EMA, Length to 20.
Set Moving Average Crossover to “MA vs SMA50”.
Enable Show Buy/Sell Signals and choose “arrowup” for buy, “arrowdown” for sell.
Select “Emerald Spark” for candlestick colors to highlight volume surges.
Usage: Buy when the EMA20 crosses above the SMA50 (green arrow appears) and volume is high (dark green candles). Sell when the EMA20 crosses below the SMA50 (red arrow). Set alerts for real-time notifications.
Scalping with Custom Price Alerts:
Scenario: A day trader monitors Tesla (TSLA) on a 5-minute chart and wants alerts at specific support/resistance levels.
Setup:
Set Custom Buy Alert Price to 150.00 (support) and Custom Sell Alert Price to 160.00 (resistance).
Use “labelup” for buy signals and “labeldown” for sell signals.
Keep Moving Average Crossover as “None” to focus on price alerts.
Usage: Receive a sound alert and label when TSLA crosses 150.00 (buy) or 160.00 (sell). Use volume-colored candles to confirm momentum before entering trades.
When NOT to Use Easy MA Signals
High-Frequency Trading: Reason: The indicator relies on moving averages and volume, which may lag in ultra-fast markets (e.g., sub-second trades). High-frequency traders may need specialized tools with real-time tick data.
Alternative: Use order book or market depth indicators for faster execution.
Low-Volatility or Sideways Markets:
Reason: MA crossovers and custom price alerts can generate false signals in choppy, range-bound markets, leading to whipsaws.
Alternative: Use oscillators like RSI or Bollinger Bands to trade within ranges.
This indicator is tailored more towards less experienced traders. And as always, paper trade until you are comfortable with how this works if you're unfamiliar with trading! We hope you enjoy this and have great success. Thanks for your interested in Easy MA Signals!
Monday Range (Lines) with Fib LevelsMonday Range with Fibonacci Levels Indicator - Description
This advanced TradingView indicator combines the power of Monday Range analysis with Fibonacci extension levels to help traders identify key weekly support and resistance zones.
Key Features:
Monday Range Detection:
Automatically detects and plots the high and low of each Monday's trading range (configurable for Sunday open markets)
Displays customizable horizontal lines for the weekly opening range
Adjustable lookback period (1-52 weeks)
Fibonacci Extension Levels:
Plots 9 key Fibonacci levels (-1.618, -1.272, -0.618, 0, 0.5, 1, 1.618, 2.272, 2.618) relative to Monday's range
Each Fib level is fully customizable (color, visibility, label)
Negative Fib levels extend below Monday low for potential reversal zones
Customizable Visuals:
Choose between solid, dotted or dashed line styles
Adjustable line thickness and colors
Configurable label text and positioning
Toggle individual elements on/off as needed
How Traders Use It:
Swing Traders: Identify weekly support/resistance levels for trade entries and exits
Breakout Traders: Watch for price reactions at Fibonacci extension levels beyond Monday's range
Mean Reversion Traders: Use negative Fib levels as potential reversal zones
Institutional Flow Analysis: Monitor how price reacts at key weekly levels
Settings Overview:
Market Open Day selection (Sunday/Monday)
Number of historical weeks to display (1-52)
Complete styling control for all lines and labels
Individual toggle controls for each Fibonacci level
Why It's Unique:
This indicator provides a rare combination of institutional weekly range analysis with mathematically precise Fibonacci extensions, giving traders a complete picture of both standard and extended price reaction zones that develop from the weekly opening range.
Perfect for forex, crypto, and index traders who want to incorporate weekly opening range strategies with Fibonacci price projection techniques.
Midnight (Daily) OpenMidnight (Daily) Open v1.0
Overview
Plots a real‑time horizontal line at the U.S. session “midnight” open (i.e. the daily candle’s open price) on any intraday chart. Optionally displays a label with the exact price, making it easy to see how price reacts to the session open.
Key Benefits
Immediate Context: See at a glance where today’s session began, helping identify support/resistance.
Consistent Reference: Works on any symbol or intraday timeframe.
Customizable Styling: Tweak colors, line thickness, and label appearance to match your chart theme.
Features
Retrieves the daily open via request.security() (Pine v6).
Draws or updates a single horizontal line that extends into the future.
Optional price label on the last bar, with user‑defined text and background colors.
Zero repainting—always shows the true daily open.
Bounty SeekerBounty Seeker - Advanced Market Structure & Order Block Detection
A sophisticated indicator that identifies high-probability reversal zones through the analysis of market structure, volume patterns, and institutional order blocks. This tool helps traders spot potential reversals and fake-outs with precision.
Core Components:
1. Pivot Detection System
• Smart pivot high/low identification
• Volume-enhanced confirmation
• RSI confluence validation
• Real-time market structure analysis
2. Order Block Detection
• Institutional buying/selling zones
• Historical support/resistance levels
• Smart volume threshold analysis
• Dynamic level adaptation
Signal Types:
1. Bull Pivots (White X)
• Strong volume confirmation
• RSI oversold conditions
• Price action validation
• Order block confluence
2. Bear Pivots (Purple X)
• Volume surge confirmation
• RSI overbought alignment
• Bearish price action
• Resistance zone validation
3. Fake Pivots (Orange X)
• Low volume warning signals
• Trap zone identification
• False breakout detection
• Risk management guide
Visual Elements:
• Dashed Lines: Order block zones
• White/Purple X's: Major pivot points
• Orange X's: Potential fake moves
• Dynamic support/resistance levels
Best Usage Practices:
• Most effective on 1H+ timeframes
• Focus on major market pairs
• Wait for complete signal formation
• Combine with trend direction
• Monitor volume confirmation
• Use proper position sizing
The indicator excels at:
1. Identifying potential reversal zones
2. Detecting institutional order blocks
3. Warning of potential fake moves
4. Providing clear entry/exit levels
5. Highlighting strong volume zones
Risk Management:
• Always wait for signal confirmation
• Use appropriate stop loss levels
• Consider multiple timeframe analysis
• Don't trade against major trends
• Monitor volume for validation
This indicator combines advanced market structure analysis with volume profiling to help traders identify high-probability trading opportunities while warning of potential traps and fake-outs.
Note: Past performance does not guarantee future results. Always use proper risk management techniques.
Aurora Flow Oscillator [QuantAlgo]The Aurora Flow Oscillator is an advanced momentum-based technical indicator designed to identify market direction, momentum shifts, and potential reversal zones using adaptive filtering techniques. It visualizes price momentum through a dynamic oscillator that quantifies trend strength and direction, helping traders and investors recognize momentum shifts and trading opportunities across various timeframes and asset class.
🟢 Technical Foundation
The Aurora Flow Oscillator employs a sophisticated mathematical approach with adaptive momentum filtering to analyze market conditions, including:
Price-Based Momentum Calculation: Calculates logarithmic price changes to measure the rate and magnitude of market movement
Adaptive Momentum Filtering: Applies an advanced filtering algorithm to smooth momentum calculations while preserving important signals
Acceleration Analysis: Incorporates momentum acceleration to identify shifts in market direction before they become obvious
Signal Normalization: Automatically scales the oscillator output to a range between -100 and 100 for consistent interpretation across different market conditions
The indicator processes price data through multiple filtering stages, applying mathematical principles including exponential smoothing with adaptive coefficients. This creates an oscillator that dynamically adjusts to market volatility while maintaining responsiveness to genuine trend changes.
🟢 Key Features & Signals
1. Momentum Flow and Extreme Zone Identification
The oscillator presents market momentum through an intuitive visual display that clearly indicates both direction and strength:
Above Zero: Indicates positive momentum and potential bullish conditions
Below Zero: Indicates negative momentum and potential bearish conditions
Slope Direction: The angle and direction of the oscillator provide immediate insight into momentum strength
Zero Line Crossings: Signal potential trend changes and new directional momentum
The indicator also identifies potential overbought and oversold market conditions through extreme zone markings:
Upper Zone (>50): Indicates strong bullish momentum that may be approaching exhaustion
Lower Zone (<-50): Indicates strong bearish momentum that may be approaching exhaustion
Extreme Boundaries (±95): Mark potentially unsustainable momentum levels where reversals become increasingly likely
These zones are displayed with gradient intensity that increases as the oscillator moves toward extremes, helping traders and investors:
→ Identify potential reversal zones
→ Determine appropriate entry and exit points
→ Gauge overall market sentiment strength
2. Customizable Trading Style Presets
The Aurora Flow Oscillator offers pre-configured settings for different trading approaches:
Default (80,150): Balanced configuration suitable for most trading and investing situations.
Scalping (5,80): Highly responsive settings for ultra-short-term trades. Generates frequent signals and catches quick price movements. Best for 1-15min charts when making many trades per day.
Day Trading (8,120): Optimized for intraday movements with faster response than default settings while maintaining reasonable signal quality. Ideal for 5-60min or 4h-12h timeframes.
Swing Trading (10,200): Designed for multi-day positions with stronger noise filtering. Focuses on capturing larger price swings while avoiding minor fluctuations. Works best on 1-4h and daily charts.
Position Trading (14,250): For longer-term position traders/investors seeking significant market trends. Reduces false signals by heavily filtering market noise. Ideal for daily or even weekly charts.
Trend Following (16,300): Maximum smoothing that prioritizes established directional movements over short-term fluctuations. Best used on daily and weekly charts, but can also be used for lower timeframe trading.
Countertrend (7,100): Tuned to detect potential reversals and exhaustion points in trends. More sensitive to momentum shifts than other presets. Effective on 15min-4h charts, as well as daily and weekly charts.
Each preset automatically adjusts internal parameters for optimal performance in the selected trading context, providing flexibility across different market approaches without requiring complex manual configuration.
🟢 Practical Usage Tips
1/ Trend Analysis and Interpretation
→ Direction Assessment: Evaluate the oscillator's position relative to zero to determine underlying momentum bias
→ Momentum Strength: Measure the oscillator's distance from zero within the -100 to +100 range to quantify momentum magnitude
→ Trend Consistency: Monitor the oscillator's path for sustained directional movement without frequent zero-line crossings
→ Reversal Detection: Watch for oscillator divergence from price and deceleration of movement when approaching extreme zones
2/ Signal Generation Strategies
Depending on your trading approach, multiple signal strategies can be employed:
Trend Following Signals:
Enter long positions when the oscillator crosses above zero
Enter short positions when the oscillator crosses below zero
Add to positions on pullbacks while maintaining the overall trend direction
Countertrend Signals:
Look for potential reversals when the oscillator reaches extreme zones (±95)
Enter contrary positions when momentum shows signs of exhaustion
Use oscillator divergence with price as additional confirmation
Momentum Shift Signals:
Enter positions when oscillator changes direction after establishing a trend
Exit positions when oscillator direction reverses against your position
Scale position size based on oscillator strength percentage
3/ Timeframe Optimization
The indicator can be effectively applied across different timeframes with these considerations:
Lower Timeframes (1-15min):
Use Scalping or Day Trading presets
Focus on quick momentum shifts and zero-line crossings
Be cautious of noise in extreme market conditions
Medium Timeframes (30min-4h):
Use Default or Swing Trading presets
Look for established trends and potential reversal zones
Combine with support/resistance analysis for entry/exit precision
Higher Timeframes (Daily+):
Use Position Trading or Trend Following presets
Focus on major trend identification and long-term positioning
Use extreme zones for position management rather than immediate reversals
🟢 Pro Tips
Price Momentum Period:
→ Lower values (5-7) increase sensitivity to minor price fluctuations but capture more market noise
→ Higher values (10-16) emphasize sustained momentum shifts at the cost of delayed response
→ Adjust based on your timeframe (lower for shorter timeframes, higher for longer timeframes)
Oscillator Filter Period:
→ Lower values (80-120) produce more frequent directional changes and earlier response to momentum shifts
→ Higher values (200-300) filter out shorter-term fluctuations to highlight dominant market cycles
→ Match to your typical holding period (shorter holding time = lower filter values)
Multi-Timeframe Analysis:
→ Compare oscillator readings across different timeframes for confluence
→ Look for alignment between higher and lower timeframe signals
→ Use higher timeframe for trend direction, lower for earlier entries
Volatility-Adaptive Trading:
→ Use oscillator strength to adjust position sizing (stronger = larger)
→ Consider reducing exposure when oscillator reaches extreme zones
→ Implement tighter stops during periods of oscillator acceleration
Combination Strategies:
→ Pair with volume indicators for confirmation of momentum shifts
→ Use with support/resistance levels for strategic entry and exit points
→ Combine with volatility indicators for comprehensive market context
