Sublime Trading | Donchian Breakout SignalsWhat kind of traders/investors are we?
We are trend followers. Our scripts are designed to be used on the higher timeframes (weekly/daily) to catch the large moves/trends in the market.
Most have heard of long-term trend following. Few know how to execute the strategy.
Our scripts are designed specifically to identify and invest in long-term market trends.
What does this script do?
It produces entry signals in a confirmed bull and bear trend.
The logic is based on Donchian 20, which serves the following two purposes:
1. Confirms end-of-day entry points in a long-term trend
2. Filters out entry points in a sideways market
The signal is produced on a break and close of the Donchian 20 high in a bull trend and a break and close of the Donchian 20 low in a bear trend.
How is the entry price produced?
The entry is based on a percentage value of the range of the breakout bar added to the high of the bar in a bull trend.
In a bear trend, the percentage is subtracted from the low of the bar.
This gives an objective entry when placing a position once the OHLC of a bar is confirmed at the end of the trading day.
How is the stoploss price produced?
The script uses the formula ATR 15 x 4.
We use ATR as it produces a stoploss which is unique to the volatility of the asset. The more volatile the asset, the wider the stoploss.
We use ATR 15 as it brings an average reading across half a month, incorporating days of extreme volatility.
The multiplier 4 works well to avoid positions being stopped out prematurely on pullbacks.
When the stoploss is hit, there is when traders and investors may consider exiting positions.
What is the best timeframe to use the script?
We recommend the daily timeframe as this is where trader and investors identify and enter long-term market trends.
The higher timeframes are where traders and investors take fewer positions but hold for longer time periods.
As a result, trend followers place priority on the quality of the entry rather than quantity.
What makes this script unique?
This script has been coded specifically for the daily timeframe to:
Highlight the start of a potential long-term trends.
Confirm entry points at the end of the trading day, absorbing intraday noise.
Reduce fake breakouts in a trend.
Continue to create entry points as the trend develops to allow for compounding.
Filter out breakouts in a sideways market.
This entry signal script helps traders and investors focus on the quality of a potential position when investing in long-term market trends.
Cerca negli script per "the script"
Reversal Signals [LuxAlgo]The Reversal Signals indicator is a technical analysis tool that aims to identify when a trend is fading and potentially starting to reverse.
As a counter-trend tool, the Reversal Signals indicator aims to solve the problem of several technical analysis indicators that perform well during trending markets but struggle in ranging markets. By understanding the key concepts and applications of the tool, traders can enhance their market timing and improve their trading strategies.
Note: It's important to explore the settings of the indicator to customize to your own usage & display as there are various options available as covered below.
🔶 USAGE
The Reversal Signals indicator is comprised of two main phases: Momentum Phase and Trend Exhaustion Phase . These phases help identify potential trend reversals in bullish, bearish, and ranging markets.
🔹The Momentum Phase
The momentum phase consists of a 9-candle count and in rare cases 8-candle count. In a bullish trend, a starting number ‘1’ is plotted if a candle closes higher than the close of a candle four periods ago. In a bearish trend, a starting number ‘1’ is plotted if a candle closes lower than the close of a candle four periods ago.
The following numbers are plotted when each successive candle satisfies the four-period rule. The potential reversal point comes when the Reversal Signals plot a label on top of a candle in a bullish trend or at the bottom of a candle in a bearish trend. The momentum phase is immediately canceled if, at any point, a candle fails to satisfy the four-period rule.
Based on the extremes of the momentum phase, the Reversal Signals generate support & resistance levels as well as risk/stop levels.
🔹 The Trend Exhaustion Phase
The trend exhaustion phase starts after completing the momentum phase and consists of a 13-candle count. In a bullish trend exhaustion phase, each candle’s close is compared to the close of two candles earlier, and the close must be greater than the close two periods earlier. In a bearish trend exhaustion phase, each candle’s close is compared to the close of two candles earlier, and the close must be lower than the close two periods earlier.
The trend exhaustion phase does not require a consecutive sequence of candles; if the order of candles is interrupted, the trend exhaustion phase is not canceled. The trend exhaustion phase generates stronger trading signals than the momentum phase, with the potential for longer-lasting price reversals.
🔹 Trading Signals
The Reversal Signals script presents an overall setup and some phase-specific trade setup options, where probable trades might be considered. All phase-specific trade setups, presented as options, are triggered once the selected phase is completed and followed by a price flip in the direction of the trade setup.
Please note that those setups are presented for educational purposes only and do not constitutes professional and/or financial advice
- Momentum: Enter a trade at momentum phase completion, and search for buy (sell) when the bullish (bearish) momentum phase pattern is complete. Ideally, the momentum phase completion should close near its support/resistance line but shall not be above them, which indicates continuation of the trend
- Exhaustion: Enter a trade on trend exhaustion phase completion, and search for buy (sell) when the bullish (bearish) trend exhaustion phase is complete
- Qualified: Buy (sell) when a bullish (bearish) trend exhaustion phase combined with another bullish (bearish) momentum phase sequence is complete
Long trade setups are presented with "L" label and short trade setups with "S" label, where the content of the label displays details related to the probable trade opportunity
Once a phase-specific trade setup is triggered then the Reversal Signals script keeps checking the status of the price action relative to the phase-specific trade setups and in case something goes wrong presents a caution label. Pay attention to the content of the caution labels as well as where they appear. A trade signal, followed immediately by a warning indication can be assumed as a continuation of the underlying trend and can be traded in the opposite direction of the suggested signal
It is strongly advised to confirm trading setups in conjunction with other forms of technical and fundamental analysis, including technical indicators, chart/candlestick pattern analysis, etc.
🔶 DETAILS
The Reversal Signals script performs the detection of the phases by counting the candlestick meeting the specific conditions, which includes:
- Detection of the 8th and 9th candle perfection during the momentum phase
- In some cases, the 8th count will be assumed as momentum phase completion
- Trend exhaustion phase counting stops in case any type of momentum phase completion is detected during the counting process
- Postponing the last count of the trend exhaustion phase, the 13th candle must be below/above the 8th candle and if not the candles will be indicated with '+' sign under them and the script continues to search for a 13th candle at the next ones until the conditions are met
🔶 ALERTS
When an alert is configured, the user will have the ability to be notified in case;
Momentum / Trend Exhaustion phase completion
Support & Resistance level cross detection
Stop / Risk level cross detection
Long / Short Trade Setups are triggered
Please note, alerts are available with 'any alert() function call' and the alerts will be received only for the features that are enabled during alert configuration
🔶 SETTINGS
🔹 Momentum Phase
Display Phases: displays the momentum phases, where the Completed option allows the display of only completed momentum phases. The detailed option allows the display of the entire process of the momentum phase processes
Support & Resistance Levels: Toggles the visibility of the Support & Resistance Levels and Line Styling options
Momentum Phase Risk Levels: Toggles the visibility of the momentum phase Stop/Risk Levels and Line Styling options
For color options please refer to the options available under the style tab
🔹 Trend Exhaustion Phase
Display Phases: displays the trend exhaustion phases, where the Completed option allows the display of only completed trend exhaustion phases. The detailed option allows the display of the entire process of the trend exhaustion phase processes
Trend Exhaustion Phase Risk Levels: Toggles the visibility of the trend exhaustion phase Stop/Risk Levels
Trend Exhaustion Phase Target Levels: Toggles the visibility of the trend exhaustion phase Target Levels
For color options please refer to the options available under the style tab
🔹 Trade Setups
Overall Trend Direction & Trade Setup: displays the overall trend and probable trade setup levels, the users should search for a price flip and confirm with other means of technical and fundamental analysis for the trade setups once the label is plotted
Phase-Specific Trade Setup Options
Momentum: Searches for a trade setup after momentum phase completion
Exhaustion: Searches for a trade setup after trend exhaustion phase completion, stronger trend reversal possibility compared to momentum phase setup
Qualified: Searches for a trade setup after the trend exhaustion phase followed by a momentum phase completion
None: No trade setups are presented
Price Flips against the Phase Specific Trade Setups: enables checking the price action relative to the phase-specific trade setups
🔶 RELATED SCRIPTS
Here are the scripts that may add additional insight during potential trading decisions.
Buyside-Sellside-Liquidity
Support-Resistance-Classification
Engulfing and Doji Scanner with SLThe Bullish Engulfing pattern occurs when the close is higher than the open, and scripts will look for this pattern by checking the difference in the close and open prices sufficiently in pips. Likewise, the Bearish Engulfing pattern occurs when the close is lower than the open, and scripts will look for this pattern by checking for sufficient difference in the open and close in pips.
The Doji pattern occurs when the absolute difference between the open and close prices is very small compared to the price range for that period. The script will look for these patterns by comparing the difference between the open and close prices by a certain percentage of the price range.
After the patterns are detected, the script will calculate the Stop Loss (SL) and Take Profit (TP) levels based on the parameters set. The SL level will be determined based on the lowest price range with certain adjustments, while the TP level is calculated using a 1:1 ratio to the SL distance.
This script will display arrows and Stop Loss and Take Profit labels on the chart to assist traders in identifying relevant patterns and levels. However, it is important to remember that these scripts only assist in the analysis of patterns and levels, and a more complete trading strategy and decision-making remains the responsibility of the trader.
Cauchy Distribution Oscillator by c00l75ITALIANO: Questo script è un indicatore che non viene sovrapposto al grafico dei prezzi. Utilizza una finestra di lookback di 14 periodi (che può essere modificata dall’utente) per calcolare la distribuzione di Cauchy per ogni periodo.
La distribuzione di Cauchy è una distribuzione di probabilità continua che viene utilizzata in statistica. Ha una forma simile a quella della distribuzione normale, ma con code più pesanti. Questo significa che ha una maggiore probabilità di generare valori estremi rispetto alla distribuzione normale. E' una distribuzione di probabilità che descrive nel piano euclideo l'intersezione tra l'asse delle ascisse ed una retta passante per un punto fissato ed inclinata ad un angolo che segue la distribuzione continua uniforme.
Nello script, viene utilizzata una funzione che calcola il valore della distribuzione di Cauchy per un dato valore x, utilizzando altre 2 variabili per le quali ho impostato un valore fisso. Il risultato viene quindi memorizzato in un array e la media viene calcolata per tutti i valori nell’array.
E' un oscillatore un po' "estremo", che misura il momentum del prezzo in maniera decisa e per tanto, secondo la mia opinione, va utilizzato di concerto con altri indicatori per poter prendere decisioni consapevoli.
Ad ogni modo se vi piace mettete un "boost" e lasciate un commento se volete altre funzioni o modifiche su questo script.
ENGLISH: This script is an indicator that is not overlaid on the price chart. It uses a 14-period lookback window (which can be modified by the user) to calculate the Cauchy distribution for each period.
The Cauchy distribution is a continuous probability distribution that is used in statistics. It has a similar shape to the normal distribution, but with heavier tails. This means that it has a higher probability of generating extreme values than the normal distribution. It is a probability distribution that describes in the Euclidean plane the intersection of the x-axis and a line passing through a fixed point and inclined at an angle that follows the uniform continuous distribution.
In the script, a function is used that calculates the value of the Cauchy distribution for a given x value, using 2 other variables for which I set a fixed value. The result is then stored in an array and the mean is calculated for all the values in the array.
It is a somewhat "extreme" oscillator, measuring price momentum in a decisive way and therefore, in my opinion, should be used in concert with other indicators in order to make informed decisions.
Anyway if you like it put a "boost" and leave a comment if you want other functions or modifications on this script.
Harmonic ScannerThe concept of harmonic patterns was introduced in H.M. Gartley's book "Profits in the Stock Market" around 1935. Gartley formation was based on XABCD framework with particular values from Fibonacci values set. With only XABCD frame and Fibonacci values we have over 4 000 atomic combinations. Gartley formation is composed from two atomic combinations. Since then, numerous other combinations have been proposed and can be found on various internet sources. Our objective is not only to utilize known combinations, but also to develop a methodology for identifying combinations that best fit the price changes of a particular financial instrument.
The Harmonic Scanner searches for popular harmonic patterns on a chart and tracks them using typical take profit and stop loss values. The script calculates ideal efficiency by entering a position at the D point and exiting either on the stop loss or at the highest take profit value.
Furthermore, you can enable the "relaxed formations" feature to search for generalized variants of the patterns.
This script can be used by any user. There is no need to have a PRO or PREMIUM account.
Harmonic Scanner is just one component of larger "Harmonic" package, which is designed to simplify the use of the ideas proposed by Gartley and to customize them for various financial instruments.
The Harmonic package includes:
⠀⠀Harmonic Scanner - A classic harmonic patterns detector that checks efficiency by entering in D point and trading move to the take profit value.
⠀⠀Harmonic Predictor - A harmonic pattern detector that checks efficiency by entering at the C point and trading the move to the D point.
⠀⠀Harmonic Scanner TakeProfitMap - A supporting script for scanner, that tracks highest potencial profits from historical transactions to better determine the appropriate take profit values for a given financial instrument.
⠀⠀More components is under developement...
If you prefer a video explanation, please refer to the "HowTo: Harmonic Idea" video.
Script with limited access, contact author to get authorization
Script settings:
Extreme area - Specifies the range in which low/high need to be the lowest/highest bar to be counted as XABCD point.
XA limit - Specifies the maximum distance between successive points in XABCD formation pattern.
Inaccuracy ‰ - It determines the maximum deviation from the conditions that must be met by the pattern. Larger value will produce more duplicates.
Relaxed formations - Formations marked with * will be relaxed on CBD retracement.
Eliminate duplicates - Eliminates formation duplicates. We can precise the maximum deviation of results that are threaded as the same (duplicates).
Verify Predictor - Special mode what can be used to verify results from the Harmonic Predictor script.
List of formations, each letter enables specific formation.
Visualization section with independent settings for the folowing groups:
- Estimated formations ( high or low are still unconfirmed but their confirmation will add new formations),
- Positions (formations tracked for statistics)
- Traded (xlosed positions, either on take profit or stop loss)
For each group of formations following settings can be customized:
- Color used for drawing formation shape
- Checkbox for enabling/disabling shape visualization
- Checkbox for enabling/disabling target visualization
- Picker for selecting the label type
⠀⠀- h(ide)
⠀⠀- s - Labels with small font
⠀⠀- S - Labels with normal font
ShapeBox - Displays a box over formations with the formation name (useful for identifying specific formations).
Color settings - Customize the color of filled and unfilled targets.
Transparency settings - Adjust the transparency of formation shapes and targets.
Statistics - Picker for statistics table type:
H(ide) - Hides the statistics table.
P(ositions) - Shows a list of positions with their corresponding stop loss and take profit values. Take profit values that have been reached are highlighted.
% - Displays the efficiency of formations, split by take profit values.
%W - Displays the efficiency of formations, split by take profit values and weighted by formation size.
Position filter - A filter that works with the P(ositions) statistics.
Troubleshooting:
In case of any problems, please send error details to the author of the script.
DeQuex Algo V2The DeQuex Algo V2 script is an advanced technical analysis tool that provides traders with a powerful set of features to help them identify potential trading opportunities in the market. The script is based on the widely used Moving Average Convergence Divergence (MACD) indicator, which is known for its ability to identify changes in trend direction.
The script has several input parameters that can be customized to meet the specific needs of each trader. This flexibility makes it a great tool for traders of all skill levels, from beginners to advanced traders. By adjusting the input parameters, traders can fine-tune the script to their preferred trading style and risk tolerance.
One of the key features of the DeQuex Algo V2 script is its ability to generate buy and sell signals based on MACD crosses. These signals are generated when the MACD line crosses above or below the signal line, indicating a potential change in trend direction. The script also includes options to display trend signals, which can be helpful in identifying the strength of the current trend.
In addition to the MACD indicator, the script also includes a dynamic support and resistance level calculation based on the basis and deviation of the price, as well as volume trend analysis using On Balance Volume (OBV). These features can be used to identify key levels of support and resistance, as well as determine the overall trend direction of the market. This information can be used to make more informed trading decisions and improve the chances of success in the market.
Overall, this script is powerful tool that can be used to help traders identify potential trading opportunities in the market. By using this script in conjunction with other technical analysis tools and fundamental analysis, traders can make more informed trading decisions and increase their chances of success.
Here are the main features of the script:
Moving Average Convergence Divergence (MACD) indicator: The script is based on the MACD indicator, which is widely used by traders to identify changes in trend direction. The script generates buy and sell signals based on MACD crosses, indicating potential changes in trend direction.
Customizable input parameters: The script has several input parameters that can be customized to meet the specific needs of each trader. This includes the sensitivity of the MACD indicator, the source of the price data, the smoothing period, the type of moving average to use, and the display options for trend signals and price bars.
Trend signals: The script includes options to display trend signals, which can be helpful in identifying the strength of the current trend. This can help traders determine whether to enter a trade or wait for a better opportunity.
Dynamic support and resistance levels: The script includes a dynamic support and resistance level calculation based on the basis and deviation of the price. This can help traders identify key levels of support and resistance, which can be used to determine potential entry and exit points.
Volume trend analysis: The script uses On Balance Volume (OBV) to determine the volume trend in the market. This can be used to identify potential changes in trend direction and to confirm the strength of the current trend.
Alert system: The script includes an alert system that can notify traders when a buy or sell signal is generated. This can be helpful for traders who are not able to monitor the market at all times.
Parabolic Scalp Take Profit[ChartPrime]Indicators can be a great way to signal when the optimal time is for taking profits. However, many indicators are lagging in nature and will get market participants out of their trades at less than optimal price points. This take profit indicator uses the concept of slope and exponential gain to calculate when the optimal time is to take profits on your trades, thus making this a leading indicator.
Usage:
In essence the indicator will draw a parabolic line that starts from the market participants entry point and exponentially grows the slope of the line eventually intersecting with the price action. When price intersects with the parabolic line a take profit signal will appear in the form of an x. We have found that this take profit indicator is especially useful for scalp trades on lower timeframes.
How To Use:
Add the indicator to the chart. Click on the candle which the trade is on. Click on either the price which the trade will be at, or at the bottom of the candle in a long, or the top of a candle in a short. Select long or short. Open the settings of the indicator and adjust the aggressiveness to the desired value.
Settings:
- Start Time -- This is the bar in which your entry will be at, or occured at and the script will ask you to click on the bar with your mouse upon first adding the script.
- Start Price -- This is the price in which the entry will be at, or was at and the script will ask you to click on the price with your mouse upon first adding the script.
- Long/Short -- This is a setting which lets the script know if it is a long or a short trade, and the script will ask you to confirm this upon first adding it to the chart.
- Aggressiveness -- This directly affects how aggressive the exponential curve is. A value of 101 is the lowest possible setting, indicating a very non-aggressive exponential buildup. A value of 200 is the highest and most aggressive setting, indicating a doubling effect per bar on the slope.
Multiple Divergences (UDTs - objects) - Educational█ OVERVIEW
This script highlights the usage of User-defined Types (UDTs) and objects , and bullish /bearish divergences.
Pivotpoints are used to find divergences, the result of this script will be different against other public multiple divergences scripts.
FOR Pine Script™ CODERS
Besides the information found in CONCEPTS , the comments in the script will, hopefully ), guide you through my thought process.
█ CONCEPTS
The main principle of this script are bullish /bearish divergences, this with 3 different oscillators ( RSI , CCI , MFI )
If you want to know more about divergences, have a look at some Education and Research idea's .
On every bar, an object HLs is made, containing bar_index , high , low , and 2 bool variables ( isPh , isPl ).
On every bar, an object Osc is made, containing bar_index , o (oscillator value), and 2 bool variables ( isPh , isPl ).
If a pivothigh (ph ) is found, isPh will be true on that bar, false otherwise.
If a pivotlow (pl) is found, isPl will be true on that bar, false otherwise.
These objects are added to an array, with limited size.
If a ph is found, the script draws a testline from that ph to every previous ph , found in the array.
Then every high in between these 2 points are checked if they don't pierce the testline .
If the testline isn't broken, the Reg_Div_Piv() function will give 4 values, 1 check (not pierced) variable and the 4 points of the line.
The testline is deleted.
Once a positive check is found, the script will perform the same, but now with the Osc objects.
The script will ONLY compare Osc pivots which are maximum 1 bar away from the high/low pivot .
If everything is confirmed, a line is drawn, visible on the chart.
█ REMARKS
A label will be visible with a number, this is the amount of divergences found with the according oscillator .
EXAMPLE
Div with RSI and CCI -> 2
Div with MFI alone -> 1
Div with RSI and CCI and MFI -> 3
...
Divergences should only be used when confirmed, this is after bar close .
As an aid, lines that are not confirmed will be dotted , if confirmed, they will be solid .
The divergence check start when a ph/pl is found, after which oscillator pivot are checked.
Optionally the same can be done, when a oscillator pivot is found and then check the ph/pl ,
this should give more results, although it can make the script slower.
█ SETTINGS
Left - amount of bars at the left which needs to be lower/higher
Right - amount of bars at the right which needs to be lower/higher
Max values - maximum values in array of objects
3 oscillator settings with
• ON/OFF
• Length
• color bullish divergence
• color bearish divergence
Have FUN !
Trend channel [log scale] with projection forecastTrend channel with projection forecast
This indicator is used to model data where growth or decay accelerates rapidly at first and then slows over time.
Because the channel distance is based off the largest pullback or highest peak within a trend, for effectively drawing and using this indicator it is recommended that this type of indicator is applied to mature trends .
This model is interesting for the long term series data (such as 10 or 20 years span) because can be plotted correctly on logarithmic charts .
Technical issues
*The user have to pan over the chart from the beginning to the end of the study range (such as 10 years of bars) so the pine script could generate those lines on the chart.
*If on the chart the number of bar is less than the lookback period, it won't generate any lines as well.
Disclaimer
Success in trading is all about following your trading strategy and indicators should fit into your own strategy, and not be traded purely on.
This script is for informational and educational purposes only. Use of the script does not constitute professional and / or financial advice. You are solely responsible for evaluating the outcome of the script and the risks associated with using the script. In exchange for the use of the script, you agree not to hold monpotejulien TradingView user responsible for any possible claims for damages arising out of any decisions you make based on the use of the script.
Advanced Volume ProfileTHIS SCRIPT CURRENTLY ONLY WORKS FOR ASSETS THAT TRADE 24/7 OR CBOE FUTURES HOURS!
This script plots volume relative to an asset's historical volume profile.
Usage:
As a companion to my "Unusual Time Frame Volume" (UTF Volume) script, this plots volume against the same historical volume profile used for UTF Volume.
The same high volume (relative to historical) threshold alert is available (yellow bar).
Likewise, if the volume exceeds the historical threshold, but is below the alert threshold, the bar color is orange.
At the top of the chart is an indicator which is green if a bar has higher volume than the previous bar.
You can also set a threshold for this such that if the volume of a bar exceeds the previous bar by a certain multiplier which will turn the indicator yellow.
For example, if the threshold is set to "1.5", then the indicator will be yellow (instead of green) on an increase in volume over the previous bar of 1.5x.
NOTES:
Again, this script currently only works for assets that trade 24/7 or CBOE Futures hours!
Make sure you set the "Asset Mode" and "Time Frame (minutes)" to values that match your asset and chart setting.
For example, if you are trading Futures on a 2m chart, set the Asset Mode to Futures and Time Frame to 2m.
If you are trading crypto on a 5m chart, set the Asset Mode to 24/7 and Time Frame to 5m.
If the settings are not set appropriately, the output will be incorrect/invalid.
If you choose a "Look-back (Days)" setting that is too far back given the time frame, the script will produce an error.
I suggest playing with settings from "1" (compares volume to the previous day's volume) to the highest number that doesn't break the script.
For example, at a 2m time frame, the maximum look-back will be "6" or "7" depending on which mode you are using.
Longer chart time settings allow larger look-back values.
I find that the default value ("6") does a decent job in general.
Please feel free to reuse or further develop this script.
I would greatly appreciate it if you would send me a message below if you find it useful.
[CLX][#03] Object-Stack (Labels/Lines/Boxes)This script shows an example of how to manage objects (lines/labels/boxes) and prevent the need of garbage collecting and missing objects.
You only have to push your object into the right array.
*_FIXED (left-lock) or *_FORWARD (right-lock)
We hope you enjoy it! 🎉
CRYPTOLINX - jango_blockchained 😊👍
Disclaimer:
Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely.
The script is for informational and educational purposes only. Use of the script does not constitute professional and/or financial advice. You alone have the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold cryptolinx TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script.
[CLX][#02] Registry (type-based)This script only provides a basic __setter and __getter registration function with a type-based limitation.
We don't want to blow the code with additional conditions. The suggestion was to get the basic functionality.
Benefits:
- Get/set/update global-like variables between functions
- No init needed. You can call a entry before you set it.
Get-Functions:
- f_reg_getInt(_key)
- f_reg_getFloat(_key)
- f_reg_getBool(_key)
- f_reg_getString(_key)
- f_reg_getColor(_key)
- f_reg_getLabel(_key)
- f_reg_getLine(_key)
Set-Functions:
- f_reg_setInt(_key, _value)
- f_reg_setFloat(_key, _value)
- f_reg_setBool(_key, _value)
- f_reg_setString(_key, _value)
- f_reg_setColor(_key, _value)
- f_reg_setLabel(_key, _value)
- f_reg_setLine(_key, _value)
Feel free to contribute for an extended version. :)
We hope you enjoy it! 🎉
CRYPTOLINX - jango_blockchained 😊👍
Disclaimer:
Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely.
The script is for informational and educational purposes only. Use of the script does not constitute professional and/or financial advice. You alone have the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script.
SB Master Chart v4This is the follow up to SB Master Chart. This is a subscription only indicator.
SB Master Chart was designed with a minimalist appearance, but is able to provide a trader with all the information he needs at a glance to make informed trading decisions. This chart utilizes the alert() function so the trader can be alerted even while away from a computer to a potential trade opportunity.
Version 4 has been redesigned for maximal efficiency. Over the many iterations of the script, I introduced many new visual affects which detracted from the simplicity of the original script. I have since removed many of the eye candy and kept the fundamental visuals that made the script eye appealing. I have redesigned the back end code of the script to be more efficient with the use of custom functions. From V1 to V2 I introduced a trend filter. This made V2 a multi-time frame script. I have since removed the trend filter because it was filtering out many viable trades on shorter time periods. Despite removing the trend filter, I have kept the multi time period functionality of the script and introduced alerting on multiple time periods with one alert.
This chart incorporates the following indicators in some form
Bolinger
MACD
RSI
Stochastik
VWAP
Moving Averages
Volume
The chart utilizes a combination of 5 indicators to determine overbought and oversold levels.
The green dot indicates oversold conditions. (alerted)
The red dot indicates overbought conditions. (alerted)
The orange dots sometimes precede the green and red dots and are determined by opportunistic volume and often provide better enter and exit opportunities and green and red dots. (alerted)
The yellow dots always precede the green and red dots.
The bar colors are determined by the three moving averages the chart tracks, MA5 , MA20, and MA50.
If the bars are green, a clear uptrend is happening, red represents downtrend.
Yellow bars indicate MA5 is in an uptrend and Orange indicates that MA5 is in a downtrend.
The VWAP lines are based on the following periods and serve as support and resistance lines.
Green (20 Period)
Yellow (50 Period)
Red (100 Period)
The black horizontal lines represent the upper and lower Bollinger bands and serve as elastic support and resistance lines.
The green background represents oversold on 4+ time periods. (alerted)
The red background represents overbought on 4+ time periods. (alerted)
I have also implemented a 4 column table at the top for key indicators: RSI, Stochastic %K, Bollinger, and Daily Trend.
This script utilizes several alert() conditions of various frequency. It utilizes both the alert.freq_once_per_bar_close and alert.freq_once_per_bar options to achieve more timely alerts.
*Special Note - Set alerts on the 30m chart for best results, this will allow regular alerts for all time periods every 30 minutes throughout the trading day.
Some alerts do not require bar close and should be taken more seriously as the alert is more time sensitive.
Repulse-AORepulsion Engine is a proof of concept for a series of indicators using repulsion, as re-contextualized from the following:
www.quantamagazine.org
In my view, the technique is unique, and therefore a new category of indicator, but that distinction will, obviously, be left to the community and to the moderators. One thing that can be said is repulsion appears to be applicable to more than RSI, and while it's not featured here, it has been tested in other related work using SMA, EMA and HMA signal artefacts. Still, the script is raw and not overly clean. One might hope for a git-like versioning system and vertically oriented script window, but that would be playing the blame game, and I would lose that battle. Trading View is awesome as it is and getting better all the time.
This script features an experimental oscillator branch, also utilising some off-in-left-field number theory by which a link is posited to have been made to a fractal domain, around which the oscillator 'more subtly' picks up price movement. Three interrelated pairs are involved, but to avoid long-winded explanation, you might want to just play with changing out XRPUSDT and XRPBTC for two other similarly related securities. Several other scripts on the workbench over here automate this process.
No doubt, more able programmers will easily enhance this and other scripts which arise. If there's interest in this one, more of the raw 'it's not really ready' scripts will likely follow, so people can dig in and do their own mashups sooner rather than later, tossing what is bad and enhancing what is good.
It might be better, and garner a lot less flaming, if this indicator is described as experimental all the way through.
Stubs are present here for users to test performance on their own.
I hope you get something out of it, and if you make one of your own or move this along to a higher standard that you drop me a line to let me know. I'm always eager to learn and to grow.
Binary Option Turbo M1 by MercalonaAuto risk
You are diving into a high-risk investment. We are not responsible for losses, the only certainty is that they will come, the most important thing is to manage them. Test this script on a demo account, and use the backtest. Make sure you are familiar with it before using real money. Use all your experience and other assistance for better accuracy. Do not risk more than 5% per day. Try to use a maximum of 1-2%.
Recommendations
It is highly recommended whenever trying to make entries in stronger areas
Try to make entries when the graph is in trend and with good movements. It is better to lose an entry than to lose money.
Check if the chart is already with good accuracy before making your entry. At least 65%.
Try to make entries when the payout is above 75%. This will help you with risk / return.
About the Script
This script was developed to identify good entry areas quickly and safely. We recommend using in binary option, where the next candle is successful. Although it can also be used in other markets, using a larger timeframe, such as 1h or 4h.
How it works?
This script is based on trends, up and down, where up trend, we look for "CAL" entries in retractions, and down trends, the entries will be "PUT". Always operate in favor of the trend for better accuracy. A session filter is also displayed. The Filter is based on the New York and London session. In these periods there is a greater market volatility, where it is recommended to operate and avoid losses. In addition, there is also a (no trend) filter. Where it shows whether the chart is volatile or not, even during open market sessions.
What is the final result?
This script will show good entries areas. These areas are represented with lines. The lines closest to the current price are thinner lines. And the lines far from price are thicker. The thick lines represent stronger areas and are resistant to price. This means that there is a greater possibility of reversal when prices touch these lines.
Settings (mode)
There are 2 configuration modes:
1. MODERATELY
2. AGGRESSIVE
Using the "MODERATELY" mode, the signals are rarer, here we expect the price to hit the best areas indicated. To place the entry. Here we expect greater accuracy.
In "AGGRESSIVE" mode, we don't expect good entries. Whenever the price hits entry areas it will be considered an entry. In this case, the accuracy is less, since the areas do not have a great potential for reversion.
Settings (Length)
Here the number of bars can be configured for the calculation of support and resistance areas. A low amount may not be enough to check for good areas. And a very large area can be confused with areas that really matter. Try to check the best quantity for the chart you want to trade.
Settings (Win Rate Limit)
Place the limit of analyzed signals in this field. It is restricted to the “Win Rate Max Bars” field, which will be explained below. If the configured limit is not reached, the cause is that there were not enough signals within the configured bar limit. ATTENTION: Understand that a high value will cause a slow calculation of the script.
Settings (Win Rate Max Bars)
This is information is used to limit the number of bars in the “Win Rate” calculation. ATTENTION: Understand that a high value will cause a slow calculation of the script.
Settings (Sessions)
There are 2 other configurations. New York session and London session. You can see how it works reading below.
Indicator “Stars of Recommendation”
The indicator has 3 stars of recommendation.
NO TRADE (There is no positive point to take chances)
In Session (At least 1 open market, this is a positive point to take chances)
In Trend (There is a good probability of assertiveness when it is on trend)
More than one identified area. (Generally, when there is more than one area, the more distant areas become stronger and stronger. This is a positive point when the price reaches them.)
Good luck ❤️
Please feedback us.
We hope this helps you!
MTP Advanced Trade SetupsThe MTP Advanced Trade setup script contains the Wave 3 variation of MTPredictor automatic trade setups, TS1(W3), TS3(W3), TS4(W3) as well as the Volume Spike (VS) setup.
The TS1(W3), TS3(W3), TS4(W3) trade setups are designed to catch the end of a Wave (2) correction, with the aim of trading the Wave (3) swing. The Wave (3) swing is usually the strongest and longest swing in a completed 5 wave sequence. Whereas, the VS (Volume Spike) setup is designed to identify high volume spikes, with the aim of finding “fake-outs” at levels of DP support/resistance. This is usually where the “professional money” enters the market to produce a sharp swing in the opposite direction. For more detail of the MTP DP level, please visit the publication of the MTP Decision Point (DP) script.
Entry triggers triggers are provided by our MTP coloured reversal bars that are part of our MTP Analysis Script. The triggers are Blue for a potential Buy, Red for a potential Sell, and Grey for Neutral. Please note, these are only relevant at (or up to 5 bars after) the potential trade setup. Please see the MTP Analysis Script for more information.
Targets for the setups are automatically shown for each setup as part of the Trade Analysis. Position Sizing is included in the Analysis as well.
Please remember that although MTPredictor has automatic setups, we do not suggest that you just follow these blindly as if it were a black box mechanical system, judgement is needed in filtering the automatic setups, particularly with respect a clear larger degree trend. Each Trader must take responsibility for deciding on whether their own Analysis is clear and fits in with their own (personal and unique) Trading Plan.
There is a risk in Trading and Investing. Losses can and will unfold.
The script is available as an “invite-only” script, as part of the MTPredictor suite of tools on Trading View.
To obtain access, please go to the web page in our signature that appears below.
MTP Trade SetupsThe MTP Trade setups script contain the standard MTPredictor automatic trade setups, TS1, TS2, TS3, TS4 and DP.
The TS1, TS2, TS3, TS4 trade setups are based around the ABC correction of varying degrees, and as such, are designed to catch the end of a correction in a continuing trend. Whereas the DP is a trend termination setup at our MTP DP level on oscillator divergence. We define the trend by using Support / Resistance areas on the higher time frame chart using our MTP DP levels. For more detail of the MTP DP Levels, please visit the publication of the MTP DP script.
Entry triggers triggers are provided by our MTP coloured reversal bars that are part of our MTP Analysis Script. The triggers are Blue for a potential Buy, Red for a potential Sell, and Grey for Neutral. Please note, these are only relevant at (or up to 5 bars after) the potential trade setup. Please see our MTP Analysis Script for more information.
Targets for the setups are automatically shown for each setup as part of the Trade Analysis. Position Sizing is included in the Analysis as well.
Please remember that although MTPredictor has automatic setups, we do not suggest that you just follow these blindly as if it were a black box mechanical system, judgement is needed in filtering the automatic setups, particularly with respect a clear larger degree trend. Each Trader must take responsibility for deciding on whether their own Analysis is clear and fits in with their own (personal and unique) Trading Plan.
There is a risk in Trading and Investing. Losses can and will unfold.
The script is available as an “invite-only” script, as part of the MTPredictor suite of tools on Trading View.
To obtain access, please go to the web page in our signature that appears below.
Pearsons R historic breaks ( for making strategy out of it )Pearsons R adjustments of linear regressions is a good tool to analyse visually the trend basis channeling of the market,
one of the common challenges in the scripts which i came across the tradingview community is the lack of the historic places put over the charts where the price actually crossed up/below the channel boundaries,
For me in order to do so we would have to replay the scripts over and over.
So I came up with an addon extension to a good script on the community ()
I have added the historic marks over the charts ( blue/green/red/orange Arrows which you see on the charts)
These arrows are the places where the price have crossed the channel boundaries historically
So,
Blue arrow = Bull Intent ,Place where the upper channel boundary line have been crossed
Orange arrow = Bear Intent , Place where the Lower channel boundary line have been crossed
Green arrow = Bull Max , Place where the Maximum Upper channel boundary line have been crossed
Red arrow = Bear Max , Place where the Minimum Lower channel boundary line have been crossed
For me this type of approach is good for making a strategy out of the concepts visually, in congestion to other indicators
I would suggest you guys to check this on alert basis with your setups to derive out the best from linear regressions
Lastly it would be a pleasure to give credits to the creators of Pearsons R scripts in Tradingview
@midtownsk8rguy
@TradeBoneDogs
@x11joe
Also thanking Tradingview for providing us such an awesome community and platform :)
Machine Learning / Longs [Experimental]Hello Traders/Programmers,
For long time I thought that if it's possible to make a script that has own memory and criterias in Pine. it would learn and find patterns as images according to given criterias. after we have arrays of strings, lines, labels I tried and made this experimental script. The script works only for Long positions.
Now lets look at how it works:
On each candle it creates an image of last 8 candles. before the image is created it finds highest/lowest levels of 8 candles, and creates a string with the lengths 64 (8 * 8). and for each square, it checks if it contains wick, green or red body, green or red body with wicks. see the following picture:
Each square gets the value:
0: nothing in it
1: only wick in it
2: only red body in it
3. only green body in it
4: red body and wick in it
5: green body and wick in it
And then it checks if price went up equal or higher than user-defined profit. if yes then it adds the image to the memory/array. and I call this part as Learning Part.
what I mean by image is:
if there is 1 or more element in the memory, it creates image for current 8 candles and checks the memory if there is a similar images. If the image has similarity higher than user-defined similarty level then if show the label "Matched" and similarity rate and the image in the memory. if it find any with the similarity rate is equal/greater than user-defined level then it stop searching more.
As an example matched image:
and then price increased and you got the profit :)
Options:
Period: if there is possible profit higher than user-defined minimum profit in that period, it checks the images from 2. to X. bars.
Min Profit: you need to set the minimum expected profit accordingly. for example in 1m chart don't enter %10 as min profit :)
Similarity Rate: as told above, you can set minimum similarity rate, higher similarity rate means better results but if you set higher rates, number of images will decrease. set it wisely :)
Max Memory Size: you can set number of images (that gives the profit equal/higher than you set) to be saved that in memory
Change Bar Color: optionally it can change bar colors if current image is found in the memory
Current version of the script doesn't check if the price reach the minimum profit target, so no statistics.
This is completely experimental work and I made it for fun. No one or no script can predict the future. and you should not try to predict the future.
P.S. it starts searching on last bar, it doesn't check historical bars. if you want you should check it in replay mode :)
if you get calculation time out error then hide/unhide the script. ;)
Enjoy!
Trend Follower - Light Mode | jhFollow up script for my Trend Follower script.
I'm used to dark mode, so I coded a few key plots in white, so those are changed into black on the script.
Notably:
- > 1 ATR in black dots along the baseline
- Current and previous ATR text labels to the right of the price
- A text label spacing input that allows you to adjust the spacing for text label from price.
This is a trend following system that combines 3 indicators which provide different functionalities, also a concept conceived by VP's No Nonsense FX / NNFX method.
1. Baseline
The main baseline filter is an indicator called Modular Filter created by Alex Grover
- www.tradingview.com
- Alex Grover - Modular Filter
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That's the moving average like baseline following price, filtering long and short trends and providing entry signals when the price crosses the baseline.
Entry signal indicated with arrows.
2. Volume/Volatility, I will called it Trend Strength
The next indicator is commonly known as ASH, Absolute Strength Histogram.
This indicator was shared by VP as a two line cross trend confirmation indicator, however I discovered an interesting property when I modified the calculation of the histogram.
- Alex Grover Absolute Strength
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My modification and other info here
- Absolute Strength Histogram v2
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I simplified the display of the trend strength by plotting squares at the bottom of the chart.
- Lighted Squares shows strength
- Dimmed Squares shows weakness
3. Second Confirmation / Exits / Trailing Stop
Finally the last indicator is my usage of QQE (Qualitative Quantitative Estimation), demonstrated in my QQE Trailing Line Indicator
- QQE Trailing Line for Trailing Stop
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Three usages of this amazing indicator, serving as :
- Second trend confirmation
- Exit signal when price crosses the trailing line
- Trailing stop when you scaled out the second trade
This indicator is plotted with crosses.
Additional plots and information
Bar Color
- Green for longs, Red for shorts, White when the baseline direction conflicts with the QQE trailing line direction
- When it's white, it's usually ranging and not trending, ASH will also keep you off ranging periods.
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ATR Filter
- White circles along the baseline, they will show up if the price has moved more than one ATR from the baseline
- The default allowance is 1 ATR.
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The previous and current ATR value
- Label on the right side of the chart showing the previous and current value of ATR
Trend Direction Helper (ZigZag and S/R and HH/LL labels)Hey everyone
First of all, I'd like to thank Ricardo Santos, Backtest Rookies for the inspiration for this script.
Actually, most of it is coming from them and I only mixed them up (and added my secret sauce ^^). If some of you are not thinking about a trading secret sauce, please get serious for a moment :)
Some of you asked me how I do to set the trend direction. You all understood that if you get an UP label, then the price should go up and vice-versa for down.
But it's not so easy to define the good signals for each asset and each timeframe. I'm going to repeat what I said yesterday because ... well... that's what trading is about
So quoting myself here "The inputs set by default will have to be changed for your asset/timeframe and can't be generic for everything. You have to play with the inputs until the signals will make sense to you
The indicator/strategy with a unique configuration that you'll never check or update according to the market condition DOES NOT exit. "
BUT... a bit of patience and practice and you might do wonders.
The Method
I never realized until now but by connecting the higher highs/lower lows, I was drawing zigzag lines.
The Zig Zag Master is Ricardo Santos . Please give him a follow, he's awesome
For those who don't want to draw on the chart or (my preferred choice) need some inspiration to define your trend directions, this script is for YOU (and your family, your pet, your girlfriend/boyfriend, ...)
I think that each asset/timeframe chart has its own history. What worked in a post could work in the future.
In that regard, if a trend direction worked in the past, that's the parameter that I'll use to trade with it in a demo account and make sure it's relevant. If not then I will adjust
If you're trading with new indicators or a new method right away on your real trading account, you're gonna have a bad time imgflip.com
Lines EVERYWHERE
The script draws the classical horizontal pivots + the zig zag lines + the Higher Highs/Lower Lows label in just 1 script. I'm very excited to share a script (on which I coded 100 lines out of 500) but no one else did it
The horizontal pivots part are coming from Backtest Rookies
For more security, you can add a pullback on a moving average after getting a signal. Pullbacks are necessary to limit any eventual loss or maximize your gains by getting in the trend sooner.
I really give you a solid method and a great script in my opinion. 6 years of experience given away for FREE :p (when Dave will start thinking as a business man instead :O)
Does it repaint ?
Getting this question twice a day. You guys are obsessed with the repainting :)
Short answer, yes because it will calculate the pivots and zig zags whenever new higher highs/lower lows will be formed.
However, the trend direction code is based on the candle close so it shouldn't repaint. If it does, please let me know
See you all on Monday
Love you all
Dave
____________________________________________________________
Be sure to hit the thumbs up. Building those indicators take a lot of time and likes are always rewarding for me :) (tips are accepted too)
- If you want to suggest some indicators that I can develop and share with the community, please use my personal TRELLO board
- I'm an officially approved PineEditor/LUA/MT4 approved mentor on codementor. You can request a coaching with me if you want and I'll teach you how to build kick-ass indicators and strategies
Jump on a 1 to 1 coaching with me
- You can also hire for a custom dev of your indicator/strategy/bot/chrome extension/python
Disclaimer:
Trading involves a high level of financial risk, and may not be appropriate because you may experience losses greater than your deposit. Leverage can be against you.
Do not trade with capital that you can not afford to lose. You must be aware and have a complete understanding of all the risks associated with the market and trading. We can not be held responsible for any loss you incur.
Trading also involves risks of gambling addiction.
Please notice I do not provide financial advice - my indicators, strategies, educational ideas are intended to provide only some source code for anyone interested in improving their trading
The proprietary indicators and strategies developed by Best Trading Indicator, the object of intellectual property rights are and remain the exclusive property of Best Trading Indicator, at the exclusion of images and videos and texts free of rights or provided by the Company or external legal or physical person.
No assignment of intellectual property rights is carried out through these Terms and Conditions.
Any total or partial reproduction, modification or use of these properties for any reason whatsoever is strictly prohibited without the express written authorization of the Company.
Crypto Reversal Scalper STARTER KIT AlertsThis is alerts for automated trading for:
This is a starter kit for people to try out.
Since many people were confused to how to properly config the original script, I decided to create this script.
This script uses the original script but is compiled to have presets.
Simple to use, EASY AS 1,2,3
1. Choose PAIR
2. Sync chart with chosen pair (Symbol and Timeframe)
3. DONE!
4. (Optional) Adjust Stoploss and Takeprofit
This will be FREE for people to consider giving it a try.
To automate the trades, you will need to have the alerts for the script.
If you want to automate the trades, PM me.
FeraTrading Compression Flow v1🧠 Overview:
The FeraTrading Compression Flow v1 identifies moments in the market where volatility contracts and directional momentum builds beneath the surface. It detects when price compresses into a tight range, then confirms when momentum, volatility, and trend alignment combine to signal a high-probability breakout. Once all conditions are met, the indicator activates a persistent directional bias, shown visually with colored dynamic bands.
This isn’t just another squeeze or Bollinger-style compression indicator—it adds multi-layered confirmation logic and unique bias persistence mechanics, helping traders stay aligned with trend-based breakout phases rather than just spotting volatility drops.
⚙️ How It Works:
🔹 Volatility Compression Detection:
Uses a relative ATR filter to detect when the market is in contraction.
Compares short-term range behavior to a longer-term average using a customizable multiplier.
Avoids standard band-width logic (like BB/KC), instead relying on raw candle volatility for more adaptive compression detection.
🔹 Breakout Confirmation Logic:
A breakout is confirmed only when all of the following align:
Strong Candle Body: Filters out indecision bars and ensures clear directional intent.
EMA Trend Structure: Fast EMA must be properly aligned with the slow EMA, and price must close beyond the fast EMA in the breakout direction.
Range Burst: Breakout candle must exceed historical range norms, confirming an actual volatility expansion—not a false breakout.
Each layer is required—no single condition is enough—creating a highly selective confirmation system that filters out noise.
🔹 Bias Persistence Mechanism:
Once a valid breakout is confirmed, the script activates a persistent directional bias (bullish or bearish).
The bias does not flip unless an opposing breakout confirms.
This eliminates premature resets and allows traders to hold trend alignment visually until true reversal conditions are met.
🎨 Visual Behavior:
📈 Band Calculations:
Bands are drawn using smoothed highs and lows, plus or minus a scaled ATR-based buffer.
They adjust dynamically to both price scale and volatility, expanding and contracting naturally with the market.
🎨 Band Coloring:
Green bands = Bullish breakout confirmed
Red bands = Bearish breakout confirmed
No color = Compression detected, but no directional breakout yet
These are not support/resistance levels. They are momentum flow visualizations, providing a clean, unobtrusive way to track trend phases post-compression.
💡 What Makes It Unique:
Multi-confirmation logic: Combines compression, candle strength, trend direction, and volatility surge into one system.
Bias memory: Maintains directional bias until structurally invalidated—not just until the next indecisive bar.
Volatility-scaled bands: Makes this system flexible across all assets and timeframes, without constant tweaking.
No lagging oscillators: Instead of using MACD/RSI, it reads real-time momentum through body-to-range relationships and EMA stacking.
Minimal input, maximum output: With only two adjustable inputs, the script remains simple to deploy while offering deep contextual information.
✅ How to Use It:
Add the indicator to any chart (15m and lower preferred).
Watch for band color changes:
Green = Bullish breakout phase
Red = Bearish breakout phase
Use band direction as a trend alignment filter.
Avoid trading against active bias unless part of a confirmed reversal setup.
Adjust the Input Multiplier to fine-tune compression strictness (lower = stricter, higher = more permissive).
This indicator is especially useful following periods of consolidation and works well when layered with structure, supply/demand zones, or volume overlays.
💎 Why It’s Worth Paying For
The FeraTrading Compression Flow v1 offers a uniquely structured approach to breakout detection. While most compression indicators only highlight low-volatility zones, this script confirms breakouts through confluence, activates persistent bias, and provides a visual flow overlay that dynamically adjusts to the market.
Key distinctions include:
A custom ATR-based compression filter that adapts to any asset
Breakout confirmation from price structure, EMAs, and body dominance
A bias persistence engine that filters out false flips and maintains trend visibility
Dynamic bands that scale based on both price and volatility—not just moving averages
This combination cannot be replicated with built-in indicators or open-source scripts. It reflects real trade experience, structural logic, and volatility awareness built into a visual format designed to reduce overtrading and improve signal trust.
✅ Compliance & Originality
This script was built entirely in-house using original logic. Every calculation—from compression detection to bias activation—is proprietary and coded from scratch. No open-source libraries or reused components are present. Band rendering, bias conditions, and signal architecture were designed specifically for this model. EMA's and ATR were used in filter logic, yet they are only 2 of many filters used, all of the others being fully custom built.
The script uses no external data sources and is built entirely on native Pine Script logic.
⚠️ Risk Disclaimer & Access Policy
This tool is a visual momentum and structure tracking overlay. It does not predict future price movement and should not be used in isolation to make trading decisions. Always apply proper risk management, position sizing, and market awareness.
Past performance does not guarantee future results.
🔒 Why This Script Is Invite-Only and Closed-Source
The compression detection logic, multi-step breakout confirmation, and persistent bias engine represent proprietary intellectual property developed for high-clarity directional tracking.
Releasing this logic would expose the core detection methods to copycats and diminish its edge. Access is restricted to protect:
The custom compression logic
The confluence-based breakout filters
The bias state engine and dynamic band visualizations
Closed-source protection ensures this tool retains its uniqueness and value for serious traders.