Triple eMA cross trackerTracks 3 emas, colorizing background:
Green - 1 on top of 2 on top of 3;
Blue - 1 on top of 3, but 2 below 3;
Red - 1 below 2 below 3;
Orange - 1 below 3, 2 above 3.
Nutshell: allows a quick and always apparent check for strategies like the old 8e, 13e, 21e strategy you see online, customizeable by any emas of your choosing.
Cerca negli script per "track"
Step-MA Baseline (with optional smoother)Trackline – Trend-Following Baseline with Confirmation Zones
A clean trend-following baseline that adapts to price action while filtering noise. Built on a smoothed moving average (EMA or HMA), Trackline highlights directional bias, with optional zone coloring to indicate breakout alignment or pullback opportunities. Use it to identify trend direction, validate entries, or act as dynamic support/resistance in trending environments.
Features:
• Customizable length & smoothing method (EMA, HMA, or WMA)
• Optional signal coloring (bullish/bearish/neutral)
• Works on all timeframes and assets
• Pairs well with momentum or liquidity tools
Track Highest/Lowest last[n] CandlesThis indicator will track the last , (defval=8), Highest and Lowest and previous close price by placing LINES. I created this to make it easier to place lines in the 25%, 50%, 75% , and 100% of take profits depending if I'm going Long or Short using MTT or MMS. Part of the auto -GannBox i'm trying to finish. Anyways, this makes it easier. I hope everyone can benefit from it.
Track WhalesIndicator base on Strong Momentum and Stochastic Strategy To be able to Track Whales and Strong Movements
Ideal for Big investors
Tutorials and more information contact to our community
discord.gg
First Heikin-Ashi Candle Tracker [CHE] First Heikin-Ashi Candle Tracker
"A Heikin-Ashi Candle Rarely Comes Alone"
1. Introduction
Fundamental Observation
- "A Heikin-Ashi Candle Rarely Comes Alone"
- This principle highlights the tendency of Heikin-Ashi candles to appear in sequences, indicating sustained trends rather than isolated movements.
- Recognizing these patterns can significantly enhance trading strategies by identifying stronger and more reliable entry points.
2. Understanding Heikin-Ashi Candles
What Are Heikin-Ashi Candles?
- Heikin-Ashi is a type of candlestick chart used to identify market trends more clearly.
- Calculation Method:
- Ha_Close: (Open + High + Low + Close) / 4
- Ha_Open: (Previous Ha_Open + Previous Ha_Close) / 2
- Ha_High: Maximum of High, Ha_Open, Ha_Close
- Ha_Low: Minimum of Low, Ha_Open, Ha_Close
- Visual Differences:
- Smoother appearance compared to traditional candlesticks.
- Helps in filtering out market noise and highlighting the prevailing trend.
Benefits of Heikin-Ashi Candles
- Trend Clarity: Easier identification of uptrends and downtrends.
- Reduced Noise: Minimizes the impact of insignificant price movements.
- Visual Appeal: Cleaner charts enhance decision-making processes.
3. Introducing the First Heikin-Ashi Candle Tracker [CHE ]
Purpose of the Indicator
- Track First Heikin-Ashi Candles: Identifies the initial appearance of Heikin-Ashi candles across multiple timeframes.
- Enhance Trading Decisions: Provides visual cues for potential long and short entries based on trend confirmations.
Key Features
- Multi-Timeframe Support: Monitor Heikin-Ashi candles across different timeframes (e.g., 240, 60, 30, 15 minutes).
- Customizable Visuals: Adjustable colors and line widths for better chart integration.
- User-Friendly Interface: Easy-to-configure settings tailored to individual trading preferences.
- Max Line Management: Controls the number of displayed lines to maintain chart clarity.
4. How to Use the First Heikin-Ashi Candle Tracker
Step-by-Step Guide
1. Enable Desired Groups:
- Activate up to four groups, each representing a different timeframe.
- Customize each group's settings according to your trading strategy.
2. Configure Timeframes:
- Select timeframes that align with your trading style (e.g., short-term vs. long-term).
3. Set Candle Types to Track:
- Choose to monitor Both, Green (Bullish), or Red (Bearish) Heikin-Ashi candles.
- Focus on specific candle types to streamline entry signals.
4. Customize Visual Indicators:
- Adjust Green Line Color and Red Line Color for clear distinction.
- Modify Line Width to ensure visibility without cluttering the chart.
5. Manage Line Limits:
- Set the Max Number of Lines to prevent overcrowding.
- The indicator will automatically remove the oldest lines when the limit is exceeded.
6. Interpret Signals:
- Green Lines: Indicate potential Long entry points.
- Red Lines: Indicate potential Short entry points.
- Observe the sequence and frequency of candles to assess trend strength.
Practical Example
- Uptrend Identification:
- Consecutive green Heikin-Ashi candles with corresponding green lines signal a strong upward trend.
- Consider entering a Long position when the first green candle appears.
- Downtrend Identification:
- Consecutive red Heikin-Ashi candles with corresponding red lines signal a strong downward trend.
- Consider entering a Short position when the first red candle appears.
5. Benefits and Utility
Enhanced Trend Detection
- Early Signals: Identify the beginning of new trends promptly.
- Confirmation: Multiple timeframes provide robust confirmation of trend direction.
Improved Entry Points
- Precision: Pinpoint optimal moments to enter trades, reducing the risk of false signals.
- Flexibility: Suitable for both Long and Short strategies across various markets.
User-Friendly Operation
- Intuitive Settings: Easily configurable to match individual trading preferences.
- Visual Clarity: Clear lines and color-coding facilitate quick decision-making.
Time Efficiency
- Automated Tracking: Saves time by automatically identifying and marking relevant candles.
- Multi-Timeframe Analysis: Consolidates information from different timeframes into a single view.
6. Why Use the First Heikin-Ashi Candle Tracker ?
Strategic Advantages
- Market Insight: Gain deeper understanding of market dynamics through Heikin-Ashi analysis.
- Risk Management: Improved entry points contribute to better risk-reward ratios.
- Versatility: Applicable to various trading instruments, including stocks, forex, and cryptocurrencies.
Why Heikin-Ashi for Entries?
- Trend Reliability: Heikin-Ashi candles smooth out price data, providing more reliable trend indicators.
- Reduced Whipsaws: Fewer false signals compared to traditional candlestick charts.
- Clarity in Decision-Making: Simplifies the process of identifying and acting on market trends.
Conclusion
- The First Heikin-Ashi Candle Tracker is an essential tool for traders seeking to enhance their trend analysis and improve entry strategies.
- By leveraging the power of Heikin-Ashi candles, this indicator offers a clear, user-friendly approach to identifying profitable trading opportunities.
7. Getting Started
Installation
1. Add the Indicator:
- Open TradingView and navigate to the Pine Script editor.
- Paste the translated Pine Script code for the First Heikin-Ashi Candle Tracker .
- Save and add the indicator to your chart.
2. Configure Settings:
- Enable desired groups and set appropriate timeframes.
- Customize colors and line widths as per your preference.
- Adjust the maximum number of lines to maintain chart clarity.
3. Start Trading:
- Monitor the chart for green and red lines indicating potential Long and Short entries.
- Combine with other analysis tools for enhanced trading decisions.
Support and Resources
- Documentation: Refer to the included comments within the Pine Script for detailed explanations.
- Community Forums: Join TradingView communities for tips and shared experiences.
- Customer Support: Reach out for assistance with installation or configuration issues.
8. Disclaimer
The content provided, including all code and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell any financial instrument, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context.
Any results from strategies or tools provided are hypothetical, and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and may not be suitable for all individuals. Before making any trading decisions, please consult with a qualified financial professional to understand the risks involved.
By using this script, you acknowledge and agree that any trading decisions are made solely at your discretion and risk.
Happy Trading!
Best regards
Chervolino (Volker)
BuyPrice TrackerDescription:
This custom indicator is designed to help traders and investors track the performance of multiple stocks relative to their specified buy prices. It offers a visual representation of price changes and percentage gains or losses, making it easier to monitor your portfolio at a glance.
Key Features:
1. Multiple Stock Tracking: Monitor up to 15 different stocks simultaneously.
2. Custom Buy Prices: Set individual buy prices for each stock you're tracking.
3. Dynamic Price Line: A yellow dotted line appears on the chart to mark your buy price.
4. Real-time Updates: The indicator updates with each new price bar, providing current information.
5. Percentage Change Display: Clearly shows the percentage change from your buy price to the current price.
6. Color-Coded Labels: Green for positive changes, red for negative, allowing for quick visual assessment.
7. Customizable Label Position: Choose between top-right or top-left corner of the chart for the information label.
8. Adjustable Text Size: Customize the size of the text in the label for better visibility.
9. Buy Price Scale Label: Displays your buy price directly on the price scale for easy reference.
How It Works:
Enter your stock symbols and corresponding buy prices in the indicator settings.
The indicator will display a yellow dotted line at your buy price for the current chart.
A label will appear showing the stock symbol, your buy price, and the current percentage change.
The label updates in real-time as prices change, allowing you to monitor performance instantly.
Benefits:
Effortlessly track multiple positions in your portfolio.
Quickly identify which stocks are performing well and which might need attention.
Make informed decisions about holding, selling, or buying more based on clear visual cues.
Customize the display to suit your trading style and chart setup.
This indicator is perfect for active traders managing multiple positions, long-term investors tracking their portfolio performance, or anyone looking to keep a close eye on specific price levels in the market.
Note: This indicator works best when applied to the specific stock charts you're tracking. Make sure to input the correct stock symbols and buy prices in the indicator settings for accurate results.
Durdens Global M2 Liquidity Tracker🧠 Durdens Global M2 Liquidity Tracker | Bitcoin vs Liquidity, Visualized
If you’re not watching global liquidity, you’re not really trading macro.
This indicator tracks FX-adjusted M2 money supply across 20+ countries, aggregated into a single global liquidity signal. It can then be used to overlay against Bitcoin for timing macro shifts with precision.
🔍 Core Features:
🌐 USD-adjusted M2 from the US, China, Eurozone, UK, Japan, and more
📊 Normalization modes: None (raw), Index (Based to 100), Z-Score
⏳ Offset input to shift liquidity data forward — aligns with Bitcoin's delayed reaction (84–107 days common)
🧠 BTC correlation matrix: 30D, 90D, 365D correlation values
🧪 Top 3 M2 delta signals: Tracks 90-day % change for US, China, EU
🧮 Fibonacci SMAs: 13 / 34 / 89 for structural macro context
🟢🔴 Liquidity regime engine: EMA 89 defines "Risk-On" vs "Risk-Off" states
🧩 How It Works:
Each country’s M2 is multiplied by its FX rate (to USD) and summed into a single global M2 line. This ensures comparability across nations. The user can choose to:
Normalize the output (raw, indexed, or z-scored)
Shift the global M2 forward in time (offset), simulating the lag effect liquidity has on Bitcoin
Visualize macro risk conditions using EMA 89 as a liquidity regime filter
Analyze BTC correlation across 3 windows and track key regions’ M2 delta
❓ FAQ:
Why does this matter?
M2 is the monetary fuel behind asset bubbles. When liquidity rises, Bitcoin follows; with a delay. This tracker helps you front-run macro flows before they hit the chart.
Why use Index or Z-Score modes?
Raw values skew long-term visual analysis. Index mode rebases data for comparative trend tracking. Z-Score shows when liquidity is overheated or suppressed (mean reversion).
What does the offset input do?
Liquidity doesn’t hit Bitcoin instantly. Many traders use an 84–107 day forward shift to align M2 changes with BTC price action. The offset helps you visualize this.
Why track top 3 M2 regions?
US, China, and Eurozone are the heavyweights in global liquidity. Tracking their offset-day % change gives immediate insight into capital expansion or contraction.
Can I use this to trade?
Absolutely; but it’s best used as a macro filter. Combine with price structure, funding, or on-chain data to optimize timing and conviction.
⚡ Use Cases:
Spot early pivots in liquidity regimes (Risk-Off to Risk-On)
Quantify macro backdrop for Bitcoin or altcoin cycles
Understand when the Fed or PBOC are tightening or easing
Ditch the hopium. Trade with context.
—
Built by: @DurdensBitcoinLedger
Follow for updates — future upgrades include:
• Regional toggles
• Custom M2 baskets
• Alert conditions
• Continued revisions & updates
Stay liquid, not wrecked.
Investment Tracker Profit/lossThe Investment Tracker is a custom-built indicator designed to help traders and investors track their performance in real time. With this tool, you can easily monitor the gains or losses from your initial investment based on the price movement of a specific token. The indicator dynamically updates to show how much you've earned or lost, providing valuable insights into your investment strategy.
Key Features:
Profit/Loss Tracking: Instantly see whether you're in profit (green) or loss (red) based on the token's price movement.
Current Value Calculation: Tracks your investment’s current value by comparing the price at which you bought the token with its current price.
Visual Representation: Displays your initial investment, current value, and profit/loss on the chart with dynamic color coding (green for profit, red for loss).
Top-Right Display: Profit/loss data is conveniently displayed in the top-right corner of the chart, providing a clean and non-intrusive way to monitor your position.
Transparency: The indicator's lines have reduced opacity, allowing you to view your position without obstructing the price action.
How to Use:
Input your initial investment amount (in USD or your desired currency).
Set the buy price of the token when you made the purchase.
Watch the indicator update as the price of the token changes, providing real-time tracking of your profit or loss.
Whether you're holding a single position or monitoring multiple investments, this tracker gives you a clear and up-to-date view of how your portfolio is performing.
Perfect For:
Crypto traders who want to monitor their positions in real time.
Long-term investors looking to track the performance of their investments.
Anyone who wants a simple, visual way to measure their gains and losses in the market.
AlphaEdge Crypto Tracker [CHE]AlphaEdge Crypto Tracker
Efficiently Identify Top Performers and Underperformers Among 40 Crypto Assets at a Glance
In the fast-paced world of cryptocurrency trading, staying ahead requires the ability to quickly assess the performance of multiple assets simultaneously. AlphaEdge Crypto Tracker is an advanced Pine Script™ indicator designed for TradingView that empowers traders to effortlessly monitor and evaluate 40 different crypto assets in real-time.
This tool is my Christmas gift to all traders. I wish you all a Merry Christmas and successful trades in the coming year!
Why It’s Important to Identify Winners and Losers Among 40 Assets at a Glance:
1. Time Efficiency: Managing a diverse portfolio can be overwhelming. With AlphaEdge Crypto Tracker, traders can swiftly identify which assets are performing exceptionally well (winners) and which are underperforming (losers) without the need to analyze each asset individually.
2. Informed Decision-Making: By having a clear overview of top gainers and losers, traders can make strategic decisions such as reallocating investments, taking profits, or cutting losses, thereby optimizing their trading strategies.
3. Risk Management: Quickly spotting underperforming assets helps in mitigating potential losses and adjusting positions to maintain a balanced and profitable portfolio.
4. Opportunity Identification: Recognizing top-performing assets allows traders to capitalize on emerging trends and maximize their returns by focusing on the most promising opportunities.
Key Features of AlphaEdge Crypto Tracker :
- Comprehensive Asset Tracking: Monitors 40 crypto assets simultaneously, providing a broad view of the market landscape.
- Max Gain and Adjusted Max Loss Calculations: Utilizes a 14-bar (configurable) period to calculate the highest gains and the adjusted maximum losses for each asset, offering insights into potential profitability and risk.
- Dynamic Ranking: Automatically sorts and ranks assets based on their performance, highlighting the top 10 gainers and top 10 losers for easy comparison.
- Customizable Display:
- Table Settings: Adjust the size, position, and colors of the performance table to fit your chart layout.
- Interactive Tooltips: Hover over asset names to view detailed tooltips, enhancing usability and information accessibility.
- Visual Alerts: Changes in asset performance are visually indicated through background color updates, allowing for immediate recognition of significant shifts.
- User-Friendly Interface: Intuitive table layout with clear headers and organized data presentation, making it easy for traders of all levels to interpret the information.
How It Works:
1. Data Calculation: For each of the 40 tracked assets, AlphaEdge Crypto Tracker calculates the maximum gain and adjusted maximum loss over the defined trading period.
2. Sorting and Ranking: The assets are sorted based on their maximum gains and adjusted maximum losses, automatically updating to reflect the latest market movements.
3. Real-Time Display: The top 10 gainers and losers are displayed in a neatly organized table directly on your TradingView chart, providing immediate visual insights.
4. Customization: Users can tailor the tracking period, select specific assets to monitor, and adjust the table’s appearance to match their trading style and preferences.
Conclusion:
AlphaEdge Crypto Tracker is an essential tool for cryptocurrency traders seeking to enhance their market analysis and decision-making processes. By providing a comprehensive and customizable overview of multiple assets, it enables traders to efficiently identify profitable opportunities and manage risks effectively. Whether you’re a seasoned trader or just starting, AlphaEdge Crypto Tracker equips you with the insights needed to navigate the dynamic crypto market with confidence.
Get Started Today:
Integrate AlphaEdge Crypto Tracker into your TradingView setup and take control of your crypto trading strategy with unparalleled clarity and precision.
Disclaimer:
The content provided, including all code and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell any financial instrument, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context.
Any results from strategies or tools provided are hypothetical, and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and may not be suitable for all individuals. Before making any trading decisions, please consult with a qualified financial professional to understand the risks involved.
By using this script, you acknowledge and agree that any trading decisions are made solely at your discretion and risk.
License Information:
This Pine Script™ code is subject to the terms of the Mozilla Public License 2.0. You can view the full license (mozilla.org).
© chervolino
Stocks & Options P/L TrackerOverview:
The Stocks & Options P/L Tracker is a custom TradingView indicator developed to offer traders precise tracking of stocks & options trades’ profit and loss in real-time. It features a detailed display of P/L intervals, stop-loss and take-profit levels, and an adaptable trailing stop mechanism to help traders manage risk and optimize their trading strategies. This tool is particularly useful for active traders who seek immediate visual feedback on their trades’ performance.
Key Features:
Real-Time P/L Display: Computes and displays the P/L per contract/share and total P/L dynamically on the chart based on the specified entry price, relative to the current market price, and number of contracts or shares.
Configurable Take Profit and Stop Loss: Users can set take-profit and stop-loss amounts, and the indicator will visually mark these levels with corresponding dollar amounts for easy reference.
Trailing Stop Functionality: Offers an option to enable a trailing stop that automatically adjusts based on price movements.
Interval-Based P/L Tracking: Uses customizable intervals to display projected P/L levels above and below the entry price, helping users understand potential profit or loss scenarios at a glance.
Dynamic Labeling and Alerts: Visual labels are used to mark P/L, take-profit, stop-loss, trailing stop, and entry levels. These labels update dynamically on each new price bar to provide immediate insights into trade performance. NOTE: Due to TradingView's limitations with server-side alerts on fixed prices, dynamic alerts (for Take Profit, Stop Loss, and Trailing Stop) that adjust with price changes are not yet available. Alerts must be manually reset to your desired price each time.
Clean and Responsive Design: Utilizes color-coded labels and lines for P/L intervals, making it easy to distinguish profit, loss, stop, and take-profit zones. Colors adjust automatically to the current price to maintain clarity.
User Input Validation: Ensures appropriate input values for items like entry price, contract/share size, and profit/loss intervals to prevent errors and optimize performance.
Efficient Object Management: Implements object reusability for lines and labels to stay within Pine Script's object limits, ensuring smooth operation and maximum accuracy in real-time tracking.
Automatic Adjustments Based on Market Changes: Calculates and adjusts trailing stop levels dynamically based on highest price movement, which provides traders flexibility while maintaining risk controls.
Trader Benefits:
This indicator empowers traders with a robust tool to manage their trades visually and strategically on TradingView. The real-time feedback and customization options help traders make informed decisions, minimize risks, and maximize potential profits.
Happy Trading! :)
AI x Meme Impulse Tracker [QuantraSystems]AI x Meme Impulse Tracker
Quantra Systems guarantees that the information created and published within this document and on the Tradingview platform is fully compliant with applicable regulations, does not constitute investment advice, and is not exclusively intended for qualified investors.
Important Note!
The system equity curve presented here has been generated as part of the process of testing and verifying the methodology behind this script.
Crucially, it was developed after the system was conceptualized, designed, and created, which helps to mitigate the risk of overfitting to historical data. In other words, the system was built for robustness, not for simply optimizing past performance.
This ensures that the system is less likely to degrade in performance over time, compared to hyper-optimized systems that are tailored to past data. No tweaks or optimizations were made to this system post-backtest.
Even More Important Note!!
The nature of markets is that they change quickly and unpredictably. Past performance does not guarantee future results - this is a fundamental rule in trading and investing.
While this system is designed with broad, flexible conditions to adapt quickly to a range of market environments, it is essential to understand that no assumptions should be made about future returns based on historical data. Markets are inherently uncertain, and this system - like all trading systems - cannot predict future outcomes.
Introduction
The AI x Meme Impulse Tracker is a cutting-edge, fast-acting rotational algorithm designed to capitalize on the strength of assets within pre-selected categories. Using a custom function built on top of the RSI Pulsar, the system measures momentum through impulses rather than traditional trend following methods. This allows for swifter reallocations based on short bursts of strength.
This system focuses on precision and agility - making it highly adaptable in volatile markets. The strategy is built around three independent asset categories - with allocations only made to the strongest asset in each - ensuring that capital movement (in particular between blockchains) is kept to a minimum for efficiency purposes while maintaining exposure to the highest performing tokens.
Legend
Token Inputs:
The Impulse Tracker is designed with dynamic asset selection - allowing traders to customize the inputs for each category. This feature enables flexible system management, as the number of active tokens within each category can be adjusted at any time. Whether the user chooses the default of 13 tokens per category, or fewer, the system will automatically recalibrate. This ensures that all calculations, from relative strength to individual performance assessments, adjust as required. Disabled tokens are treated by the system as if they don’t exist - seamlessly updating performance metrics and the Impulse Tracker’s allocation behavior to maintain the highest level of efficiency and accuracy.
System Equity Curve:
The Impulse Tracker plots both the rotational system’s equity and the Buy-and-Hold (or ‘HODL’) benchmark of Bitcoin for comparison. While the HODL approach allocates the entire portfolio to Bitcoin and functions as an index to compare to, the Impulse Tracker dynamically allocates based on strength impulses within the chosen tokens and categories. The system equity curve is representative of adding an equal capital split between the strongest assets of each category. The relative strength system does handle ‘ties’ of strength - in this situation multiple tokens from a single category can be included in the final equity curve, with the allocated weight to that category split between the tied assets.
TABLES:
Equity Stats:
This table is held in Quantra System's typical UI design language. It offers a comprehensive snapshot of the system’s performance, with key metrics organized to help traders quickly assess both short-term and cumulative results. The left side provides details on individual asset performance, while the right side presents a comparison of the system’s risk-adjusted metrics against a simple BTC Hodl strategy.
The leftmost column of the Equity Stats table showcases performance indicators for the system’s current allocations. This provides quick identification of the current strongest tokens, based on confirmed and non-repainting data as soon as the current opens and the last bar closes.
The right-hand side compares the performance differences between the system and Hodl profits, both on a cumulative basis and analyzing only the previous bar. The total number of position changes is also tracked in this table - an important metric when calculating total slippage and should be used to determine how ‘hands-on’ the strategy will be on the current timeframe.
The lower part of the table highlights a direct comparison of the AI x Memes Impulse strategy with buy-and-hold Bitcoin. The risk adjusted performance ratios, Sharpe, Sortino and Omega, are shown side by side, as well as the maximum drawdown experienced by both strategies within the set testing window.
Screener Table:
This table provides a detailed breakdown of the performance for each asset that has been the strongest in its category at some point and thus received an allocation. The table tracks several key metrics for each asset - including returns, volatility, Sharpe ratio, Sortino ratio, Omega ratio, and maximum drawdown. It also displays the signals for both current and previous periods, as well as the assets weight in the theoretical portfolio. Assets that have never received a signal are also included, giving traders an overview of which assets have contributed to the portfolio's performance and which have not played a role so far.
The position changes cell also offers important insights, as it shows the frequency of not just total position changes, but also rebalancing events.
Detailed Slippage Table:
The Detailed Slippage Table provides a comprehensive breakdown of the calculated slippage and fees incurred throughout the strategy’s operations. It contains several key metrics that give traders a granular view of the costs associated with executing the system:
Selected Slippage - Displays the current slippage rate, as defined in the input menu.
Removal Slippage - This accounts for any slippage or fees incurred when removing an allocation from a token.
Reallocation Slippage - Tracks the slippage or fees when reallocating capital to existing positions.
Addition Slippage - Measures the slippage or fees incurred when allocating capital to new tokens.
Final Slippage - Is the sum of all the individual slippage points and provides a quick view of the total slippage accounted for by the system.
The table is also divided into two columns:
Last Transaction Slippage + Fees - Displays any slippage or fees incurred based on position changes within the current bar.
Total Slippage + Fees - Shows the cumulative slippage and fees incurred since the portfolio’s selected start date.
Visual Customization:
Several customizable features are included within the input menu to enhance user experience. These include custom color palettes, both preloaded and user-selectable. This allows traders to personalize the visual appearance of the tables, ensuring clarity and consistency with their preferred interface themes and background coloring.
Additionally, users can adjust both the position and sizes of all the tables - enabling complete tailoring to the trader’s layout and specific viewing preferences and screen configurations. This level of customization ensures a more intuitive and flexible interaction with the system’s data.
Core Features and Methodologies
Advanced Risk Management - A Unique Filtering Approach:
The Equity Curve Activation Filter introduces an innovative way to dynamically manage capital allocation, aligning with periods of market trend strength. This filter is rooted in the understanding that markets move cyclically - altering between periods trending and mean-reverting periods. This cycle is especially pronounced in the crypto markets, where strong uptrends are often followed by prolonged periods of sideways movements or corrections as participants take profits and momentum fades.
The Cyclical Nature of Markets and Trend Following:
Financial markets do not trend indefinitely. Each uptrend or downtrend, whether over high and low timeframes, tends to culminate in a phase where momentum exhausts - leading to the sideways or corrective phases. This cycle results from the natural dynamics of market participants: during extended trends, more participants jump in, riding the momentum until profit taking causes the trend to slow down or reverse. This cyclical behavior occurs across all timeframes and in all markets - making it essential to adapt trading strategies in attempt to minimize losses during less favorable conditions.
In a trend following system, profitability often mirrors this cyclical pattern. Trend following strategies thrive when markets are moving directionally, capturing gains as price moves with strength in a single direction. However in phases where the market chops sideways, trend following strategies will usually experience drawdowns and reduced returns due to the impersistent nature of any trends. This fluctuation in trend following profitability can actually serve as one of the best coincident indicators of broader market regime change - when profitability begins to fade, it often signals a transition to drawn out unfavorable trend trading conditions.
The Equity Curve as a Market Signal
Within the Impulse Tracker, a continuous equity curve is calculated based upon the system's allocation to the strongest tokens. This equity curve effectively tracks the system’s performance under all market conditions. However, instead of solely relying on the direct performance of the selected tokens, the system applies additional filters to analyze the trend strength of this equity curve itself.
In the same way you only want to purchase an asset that is moving up in price, you only want to allocate capital to a strategy whose equity curve is trending upwards!
The Equity Curve Activation Filter consistently monitors the trend of this equity curve through various filter indicators, such as the “Wave Pendulum Trend”, the “Quasar QSM” and the “MAQSM” (an aggregate of multiple types of averages). These filters help determine whether the equity curve is trending upwards, signaling a favorable period for trend following. When the equity curve is in a positive trend, capital is allocated to the system as normal - allowing it to capture gains during favorable market conditions, Conversely, when the trend weakens and the equity curves begins to stagnate or decline, the activation filter shifts the system into a “cash” positions - temporarily halting allocations in order to prevent market exposure during choppy or mean reverting phases.
Timing Allocation With Market Conditions
This unique filtering approach ensures that the system is primarily active during periods when market trends are most supportive. By aligning capital allocations with the uptrend in trend following profitability, the system is designed to enter during periods of strong momentum and move to cash when momentum with the equity curve wanes. This approach reduces the risk of overtrading in less favorable conditions and preserves capital for the next favorable trend.
In essence the Equity Curve Allocation Filter serves as a dynamic risk management layer that leverages the cyclicality of trend following profitability in order to navigate shifting market phases.
Sensitivity and Signal Responsiveness:
The Quasar Sensitivity Setting allows users to fine-tune the system’s responsiveness to asset signals. High sensitivity settings lead to quicker position changes, making the system highly reactive to short term strength impulses. This is especially useful in fast moving markets where token strength can shift rapidly. The Sensitive setting might be more applicable to higher volatility or lower market cap assets - as the increased volatility increases the necessity of faster position cutting in order to front run the crowd. Of course - a balanced approach is ideal, as if the signals are too fast there will be too many whips and false signals. (And extra fees + slippage!)
The benefit of this script is because of the advanced slippage calculations, false signals are sufficiently punished (unlike systems without fees or slippage) - so it will become immediately apparent if the false signals have a significantly detrimental impact on the system’s equity curve.
Asset specific signals within each category are re-evaluated after the close of each bar to ensure that capital is always allocated to the highest performing asset. If a token’s momentum begins to fade the system swiftly reallocates to the next strongest asset within that category.
Category Filter - Allocates only to the Strongest Asset per group
One of the core innovations of the AI x Meme Impulse Tracker is the customizable Category Filter, which ensures that only the strongest-performing asset within each predefined group receives capital allocation. This approach not only increases the precision of asset selection but also allows traders to tailor the system to specific token narratives or categories. Sectors can include trending themes such as high-attention meme tokens, AI-driven tokens, or even categorize assets by blockchain ecosystems like Ethereum, Solana, or Base chain. This flexibility enables users to align their strategies with the latest market narratives or to optimize for specific groups, focusing on high-beta tokens within well defined sectors for a more targeted exposure. By keeping the focus on category leaders, the system avoids diluting its impact across underperforming assets, thereby maximizing capital efficiency and reducing unnecessary trading costs.
Dynamic Asset Reallocation:
Dynamic reallocation ensures that the system remains nimble and adapts to changing market conditions. Unlike slower systems, the Quasar method continually monitors for changes in asset strength and reallocates capital accordingly - ensuring that the system is always positioned in the highest performing assets within each category.
Position Changes and Slippage:
The Impulse Tracker places a strong emphasis on realistic simulation, prioritizing accuracy over inflated backtest results. This approach ensures that slippage is accounted for in a more aggressive manner than what may be experienced in real-world execution.
Each position change within the system - whether it’s buying, selling, reallocating, or rebalancing between assets - incurs slippage. Slippage is applied to both ends of every transaction: when a position is entered and exited, and when reallocating capital from one token to another. This dynamic behavior is further enhanced by a customizable slippage/fees input, allowing users to simulate realistic transaction costs based on their own market conditions and execution behaviors.
The slippage model works by applying a weighted slippage to the equity curve, taking into account the actual amount of capital being moved. Slippage is not applied in a blanket manner but rather in proportion to the allocation changes. For example, if the system reallocates from a single 100% position to two 50% allocations, slippage will be applied to the 50% removed from the first asset and the 50% added to the new asset, resulting in a 1x slippage multiplier.
This process becomes more granular when multiple assets are involved. For instance, if reallocating from two 50% positions to three 33% positions, slippage will be incurred on each of the changes, but at a reduced rate (⅔ x slippage), reflecting the smaller percentage of portfolio equity being moved. The slippage model accounts for all types of allocation shifts, whether increasing or decreasing the number of tokens held, providing a realistic assessment of system costs.
Here are some detailed examples to illustrate how slippage is calculated based on different scenarios:
100% → 50% / 50%: 1x slippage applied to both position changes (2 allocation changes).
50% / 50% → 33% / 33% / 33%: ⅔ x slippage multiplier applied across 3 allocation changes.
33% / 33% / 33% → 100%: 4/3 x slippage multiplier applied across 3 allocation changes.
In practice, not every position change will be rebalanced perfectly, leading to a lower number of transactions and lower costs in practice. Additionally, with the use of limit orders, a trader can easily reduce the costs of entering a position, as well as ensuring a competitive entry price.
By simulating slippage in this granular manner, the system captures the absolute maximum level of fees and slippage, in order to ensure that backtest results lean towards an underrepresentation - opposed to inflated results compared with practical execution.
A Special Note on Slippage
In the image above, the system has been applied to four different timeframes - 20h, 15h, 10h, and 5h - using identical settings and a selected slippage amount of 2%. By isolating a recent trend leg, we can illustrate an important concept: while the 15h timeframe is more profitable than the 20h timeframe, this difference stems from a core trading principle. Lower timeframes typically provide more data points and allow for quicker entries and exits in a robust system. This often results in reduced downside and compounding of gains.
However, slippage, fees, and execution constraints are limiting factors, especially in volatile, low-cap cryptocurrencies. Although lower timeframes can improve performance by increasing trade frequency, each trade incurs heavy slippage costs that accumulate - impacting the portfolio’s capital at a compounding rate. In this example, the chosen slippage rate of 2% per trade is designed to reflect the realistic trading costs, emphasizing how lower timeframe trading comes at the cost of increased slippage and fees
Finding the optimal balance between timeframe and slippage impact requires careful consideration of factors such as portfolio size, liquidity of selected tokens, execution speed, and the fee rate of the exchange you execute trades on.
Equity Curve and Performance Calculations
To provide a benchmark, the script also generates a Buy-and-Hold (or "HODL") equity curve that represents a complete allocation to Bitcoin. This allows users to easily compare the performance of the dynamic rotation system with that more traditional benchmark strategy.
The script tracks key performance metrics for both the dynamic portfolio and the HODL strategy, including:
Sharpe Ratio
The Sharpe Ratio is a key metric that evaluates a portfolio’s risk-adjusted return by comparing its ‘excess’ return to its volatility. Traditionally, the Sharpe Ratio measures returns relative to a risk-free rate. However, in our system’s calculation, we omit the risk-free rate and instead measure returns above a benchmark of 0%. This adjustment provides a more universal comparison, especially in the context of highly volatile assets like cryptocurrencies, where a traditional risk-free benchmark, such as the usual 3-month T-bills, is often irrelevant or too distant from the realities of the crypto market.
By using 0% as the baseline, we focus purely on the strategy's ability to generate raw returns in the face of market risk, which makes it easier to compare performance across different strategies or asset classes. In an environment like cryptocurrency, where volatility can be extreme, the importance of relative return against a highly volatile backdrop outweighs comparisons to a risk-free rate that bears little resemblance to the risk profile of digital assets.
Sortino Ratio
The Sortino Ratio improves upon the Sharpe Ratio by specifically targeting downside risk and leaves the upside potential untouched. In contrast to the Sharpe Ratio (which penalizes both upside and downside volatility), the Sortino Ratio focuses only on negative return deviations. This makes it a more suitable metric for evaluating strategies like the AI x Meme Impulse Tracker - that aim to minimize drawdowns without restricting upside capture. By measuring returns relative to a 0% baseline, the Sortino ratio provides a clearer assessment of how well the system generates gains while avoiding substantial losses in highly volatile markets like crypto.
Omega Ratio
The Omega Ratio is calculated as the ratio of gains to losses across all return thresholds, providing a more complete view of how the system balances upside and downside risk even compared to the Sortino Ratio. While it achieves a similar outcome to the Sortino Ratio by emphasizing the system's ability to capture gains while limiting losses, it is technically a mathematically superior method. However, we include both the Omega and Sortino ratios in our metric table, as the Sortino Ratio remains more widely recognized and commonly understood by traders and investors of all levels.
Usage Summary:
While the backtests in this description are generated as if a trader held a portfolio of just the strongest tokens, this was mainly designed as a method of logical verification and not a recommended investment strategy. In practice, this system can be used in multiple ways.
It can be used as above, or as a factor in forming part of a broader asset selection system, or even a method of filtering tokens by strength in order to inform a day trader which tokens might be optimal to look for long-only trading setups on an intrabar timeframe.
Final Summary:
The AI x Meme Impulse Tracker is a powerful algorithm that leverages a unique strength and impulse based approach to asset allocation within high beta token categories. Built with a robust risk management framework, the system’s Equity Curve Activation Filter dynamically manages capital exposure based on the cyclical nature of market trends, minimizing exposure during weaker phases.
With highly customizable settings, the Impulse Tracker enables precise capital allocation to only the strongest assets, informed by real-time metrics and rigorous slippage modeling in order to provide the best view of historical profitability. This adaptable design, coupled with advanced performance analytics, makes it a versatile tool for traders seeking an edge in fast moving and volatile crypto markets.
Short Int. Tracker W/% inc/decShort Interest Tracker with % Difference - Indicator Explanation
This Short Interest Tracker is designed to monitor short interest data and highlight potential trends based on the relationship between short interest and the stock price. It calculates the percentage difference between the current short interest and the 2-day simple moving average (SMA), helping identify whether short interest is increasing or decreasing over time.
Key Functions:
Short Interest Tracking:
The indicator tracks daily short interest data using FINRA's short volume data for the current stock (e.g., FINRA:SYMBOL_SHORT_VOLUME).
It compares current short interest with a 2-day SMA to assess if short interest is rising or falling. This helps identify whether more traders are betting against the stock or covering their positions.
Visual Display:
The data is displayed in a table on the chart, divided into sections for:
1 Day Short Interest
Last 3 Days Short Interest
Weekly Short Interest
Each section shows the short interest volume, the corresponding SMA, and the percentage difference. It also displays a signal indicating if short interest is increasing, decreasing, or stable.
Signal Interpretation:
A "Stable" signal means that short interest is neither increasing nor decreasing.
An "Increasing" signal indicates that more traders are opening short positions, betting against the stock. OR- averaging their short position. Keep an eye for a price increase and a short int. increase, this could be the perfect storm.
A "Decreasing" signal shows that traders are closing their short positions, indicating reduced bearish sentiment.
Color Customization:
You can customize the colors for each section of the table, including the background and text colors, to make the display more visually appealing and suited to your preference.
Understanding Short Interest & Price Movements:
Short interest can be a powerful indicator of market sentiment. Here's what the data can tell you:
Increasing Short Interest: Typically signals that traders are expecting the stock price to fall. More shares are being borrowed and sold by short sellers, betting against the stock.
Price Rising Despite Increasing Short Interest: If short interest increases but the stock price is rising, it suggests that short sellers are attempting to push the price down but are failing as the market is moving in the opposite direction. This could be due to buying pressure from long investors or positive news.
Short Sellers Getting Trapped: In some cases, short sellers become trapped when the price rises despite their short positions. They may be forced to buy back shares to cover their positions, which further drives the price up. This dynamic can lead to a short squeeze, where the price rises rapidly as more shorts cover.
Potential for a Short Squeeze: When the price rises against increasing short interest, a short squeeze may occur, causing even more shorts to cover their positions, which can send the stock price soaring.
Summary:
This indicator provides insight into short interest trends, helping you identify whether more traders are betting against the stock or if short sellers are being forced to cover their positions. It also provides a visual signal on the chart, so you can quickly spot periods where short interest is increasing or decreasing, and where price movements might signal a potential short squeeze.
Dynamic Portfolio TrackerDynamic Portfolio Tracker
The Dynamic Portfolio Tracker is a visual tool for actively managing and monitoring a multi-asset portfolio directly on TradingView. It allows users to input up to 15 custom assets (with a default setup for 5), define how much of each asset they hold, and assign a target allocation percentage to each. The script then calculates live market prices, total portfolio value, current vs. target weightings, and provides clear, color-coded instructions on whether to buy, sell, or hold each asset. It displays all this data in an on-chart table, showing both the dollar amount and the quantity to adjust for each asset, helping users keep their portfolio aligned with their strategy in real time.
How to Use the Inputs (What Each Field Means)
1. Portfolio Assets (Tickers)
Fields: Asset 1 Ticker, Asset 2 Ticker, …, Asset 15 Ticker
What it does: Lets you select which assets (crypto, stocks, etc.) you want to track. These are live symbols pulled from TradingView.
2. Asset Quantities
Fields: Asset 1 Amount, Asset 2 Amount, …, Asset 15 Amount
What it means: How much of each asset you currently hold. For example:
• 0.03 BTC
• 2.1 ETH
Why it’s needed: The script multiplies this by the live price to calculate the current dollar value of each asset in your portfolio.
3. Target %
Fields: Asset 1 Implied %, Asset 2 Implied %, …, Asset 15 Implied %
What it means: Your desired allocation for each asset. For example:
• 40% BTC
• 20% ETH
• 10% SOL, etc.
Important: These must total 100% or less across all assets. The script checks this and shows an error if the total exceeds 100%.
The Dynamic Portfolio Tracker displays two powerful on-chart tables:
1. Main Table — Per Asset Breakdown
This table shows detailed, real-time information for each asset in your portfolio. Each row represents a different asset, and each column has a specific meaning:
Column What It Means
Asset = The symbol of the asset (e.g., BTCUSD, ETHUSD), auto-stripped from the exchange name.
Price = The current market price of the asset, pulled live from TradingView.
Quantity = How much of that asset you currently hold, entered manually in the inputs.
Target % = The percentage of your total portfolio you want this asset to represent.
Actual % = What percentage of your portfolio it currently makes up (based on price × quantity).
Target Value = How much (in $) this asset should be worth in your portfolio.
Actual Value = How much (in $) this asset is currently worth.
Instruction = Whether to Buy, Sell, or Hold to match your target allocation.
Value Change = The dollar amount you’d need to buy/sell to rebalance this asset.
Units to Trade = The number of asset units to buy/sell to reach the target value.
2. Portfolio Summary Table — Portfolio Totals
This smaller table appears in the top-right corner and summarizes your entire portfolio at a glance:
Target % = Total of all your assigned target allocations (should equal 100%).
Actual % = Actual portfolio composition (always 100% unless your capital is zero).
Target Value = Total value your portfolio should be based on your target percentages.
Actual Value = Current live total value of your portfolio.
If there’s a discrepancy between Target Value and Actual Value, the difference is shown in each row of the main table, so you can adjust individual assets accordingly.
Privacy First: Hide Sensitive Financial Data
A unique feature of this tool is the ability to hide sensitive financial data, such as:
• Target Value
• Actual Value
• Total Portfolio Value
You can turn these off using toggle settings, and they’ll be replaced with a crossed-out eye icon (👁️🗨️) — just like on modern crypto exchanges. This feature makes the script safe for streaming, screenshots, or sharing publicly while protecting your privacy.
But more importantly:
Feelings are the enemy of good investing.
Seeing the value of your portfolio fluctuate can trigger fear or greed. By hiding your dollar values, you’re not just securing your data — you’re reducing the temptation to react emotionally.
It’s just numbers. Systems over Feelings.
Table Automatically Adapts to Your Asset Count
The Dynamic Portfolio Tracker is designed to scale with your portfolio. Simply choose how many assets you want to track (up to 15), and the table will automatically resize to fit exactly that number — no wasted space or empty rows.
• Select 1 to 15 assets using the “Number of Assets” input
• The table expands or contracts dynamically to show only those rows
• All calculations, summaries, and layout elements adjust accordingly in real time
This keeps the interface clean, focused, and perfectly tailored to your setup — whether you’re tracking 3 coins or managing a full portfolio of 12+ tokens.
Customize Your Table to Match Your Style
The Dynamic Portfolio Tracker offers a full suite of visual customization options, allowing you to tailor the table to your charting style or stream layout. You can:
• Choose text colors for labels, values, and headers
• Set background colors for the full table and header row — or turn them off completely for a clean, transparent look
• Control border and frame settings, including color, thickness, or disabling them entirely
• Pick custom colors for Buy and Sell signals in the rebalance column
• Adjust table font size from tiny to large to match your resolution or preferences
Special Thanks
This tool wouldn’t exist without the knowledge and inspiration gained through The Real World. A sincere thank you to the Investing Master, the Guides, and Professor Adam — your frameworks and lessons brought clarity, discipline, and structure to this build.
And of course, glory to L4 — where real men are made.
lib_trackingLibrary "lib_tracking"
tracking highest and lowest with anchor point to track over dynamic periods, e.g. to track a Session HH/LL live and get the bar/time of the LTF wick that matches the HTF HH/LL
// DESIGN DECISION
// why anchored replacements for ta.highest / ta.highestbars / ta.lowest / ta.lowestbars:
// 1. they require a fixed length/lookback which makes it easier to calculate, but
// 2. this prevents us from tracking the HH/LL of a changing timeframe, e.g. live tracking the HH/LL of a running session or unfinished higher timeframe
// 3. tracking with anchor/start/reset flag allows to persist values until the next start/reset, so no other external storage is required
track_highest(value, reset, track_this_bar)
Parameters:
value (float)
reset (bool) : boolean flag to restart tracking from this point (a.k.a anchor)
track_this_bar (bool) : allows enabling and disabling of tracking, e.g. before a session starts or after it ends, values can be kept until next reset.
track_lowest(value, reset, track_this_bar)
Parameters:
value (float)
reset (bool) : boolean flag to restart tracking from this point (a.k.a anchor)
track_this_bar (bool) : allows enabling and disabling of tracking, e.g. before a session starts or after it ends, values can be kept until next reset.
track_hl_htf(htf, value_high, value_low)
Parameters:
htf (string) : the higher timeframe in pinescript string notation
value_high (float)
value_low (float)
Returns:
Drawdown Tracker [SpokoStocks]Drawdown Tracker
The Drawdown Tracker is a powerful tool designed to help traders monitor and visualize the drawdown of symbol. By tracking both current and maximum drawdown levels, this indicator provides valuable insights into risk and potential capital preservation.
Features:
> Current Drawdown:
The current drawdown is calculated as the percentage drop from the record high to the current low, providing a real-time view of the loss from the peak.
> Maximum Drawdown:
The maximum drawdown represents the deepest drop observed from any peak in the historical data, giving an understanding of the worst-case scenario for losses.
> You can choose between two modes:
Full History: Tracks the maximum drawdown from the entire available data.
Rolling Period: Tracks the maximum drawdown within a defined rolling period (default 50 bars), allowing for a shorter-term risk assessment.
> Customizable Rolling Period:
You can adjust the rolling period length through the Rolling Period Length input to reflect different time frames for drawdown calculations.
> Warning Level:
A customizable warning level (default -65%) is plotted on the chart. This acts as a threshold to alert users when the drawdown crosses into a potentially concerning territory.
> Gradient Color Visualization:
The current drawdown is visualized using a gradient color, transitioning from red to yellow as the drawdown increases from -100% to 0%, providing an easy-to-interpret view of the severity of the drawdown.
> New Max Drawdown Marker:
Whenever a new maximum drawdown is recorded, a triangle marker is displayed at the bottom of the chart, along with a label showing the drawdown percentage. This provides clear visual confirmation when a new historical low is reached.
> Alerts:
Warning Level Breach Alert: Alerts you when the drawdown breaches the warning level you’ve set, helping you stay aware of significant risk events.
New Max Drawdown Alert: Triggers when a new maximum drawdown is recorded, allowing you to act quickly if necessary.
Use Cases:
Risk Management: Keep track of how much an asset is down from the peak, helping you make informed decisions about risk and drawdown tolerances.
Risk Disclaimer:
The information provided by this script is for educational and informational purposes only. It is not intended as financial advice and should not be construed as such. All trading and investment activities involve a high level of risk and may result in the loss of capital. The user is solely responsible for any decisions made based on the content provided by this script.
By using this script, you acknowledge and agree that you use it at your own risk. The creator of this script makes no warranties regarding the accuracy, completeness, or reliability of the information, and disclaims any responsibility for any losses or damages arising from its use.
Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
ZLEMA/DEMA MA Cross Screener with Performance TrackingZLEMA/DEMA MA Cross Screener with Performance Tracking
📊 Overview
This advanced Pine Script indicator is a comprehensive moving average crossover system designed specifically for TradingView, featuring 9 ZLEMA / 50 DEMA as the default configuration. It combines traditional MA cross signals with sophisticated performance tracking and visual analytics. The indicator performs optimally on the weekly timeframe, where longer-term trend changes are more reliable and produce fewer false signals.
🎯 Core Functionality
Pre-Configured 9 ZLEMA / 50 DEMA System
The indicator comes pre-loaded with a 9-period Zero Lag Exponential Moving Average (ZLEMA) as the fast MA and a 50-period Double Exponential Moving Average (DEMA) as the slow MA. This specific combination provides:
Fast Response: The 9 ZLEMA reduces lag compared to traditional EMAs
Smooth Signals: The 50 DEMA filters out noise while maintaining responsiveness
Balanced Sensitivity: Optimized for capturing medium-term trend changes without excessive whipsaws
Key Signal Logic:
Buy Signal: Triggered when the 9 ZLEMA crosses above the 50 DEMA (with anti-whipsaw protection)
Sell Signal: Triggered when the 9 ZLEMA crosses below the 50 DEMA (with anti-whipsaw protection)
Counting System: Prevents multiple consecutive signals from the same trend direction
🔧 Comprehensive Feature Set
1. Multi-Type Moving Average Support
While defaulting to 9 ZLEMA / 50 DEMA, the indicator supports 9 different moving average types:
SMA (Simple Moving Average)
EMA (Exponential Moving Average)
DEMA (Double Exponential Moving Average) - Default Slow MA
TEMA (Triple Exponential Moving Average)
WMA (Weighted Moving Average)
VWMA (Volume Weighted Moving Average)
RMA (Rolling Moving Average)
HMA (Hull Moving Average)
ZLEMA (Zero Lag Exponential Moving Average) - Default Fast MA
2. Advanced Performance Tracking System
The standout feature is the real-time performance analytics that tracks your 9 ZLEMA / 50 DEMA crossover performance:
Performance Metrics:
Success Rate: Percentage of 9/50 cross signals that hit the profit target
Average Bars to Target: How long it typically takes for 9/50 crosses to reach profit goals
Fastest/Slowest Targets: Performance range analysis for the ZLEMA/DEMA setup
Active Position Tracking: Currently monitored 9/50 cross signals
Total Signal Count: Historical frequency of the 9 ZLEMA / 50 DEMA crosses
Configurable Parameters:
Profit Target: Customizable percentage target (default 10%)
Entry Timing: Choose between "Next Bar Open" or "Current Bar Close"
Performance Lookback: Historical analysis period (up to 5,000 bars)
Max Bars Limit: Maximum time to track each 9/50 cross signal
3. Enhanced Visual Interface
Professional Performance Table:
Configuration Display: Shows "9 ZLEMA / 50 DEMA" prominently in the performance table
Dark/Light Theme Support: Optimized for both chart backgrounds
Customizable Position: 9 different table placement options
Real-time Updates: Live tracking of 9/50 cross performance metrics
Color-Coded Success Rates: Dynamic coloring based on ZLEMA/DEMA performance levels
Chart Visuals:
Dynamic MA Plotting: Displays 9 ZLEMA (thin line) and 50 DEMA (thick line)
Signal Shapes: Clear triangular buy/sell indicators for 9/50 crosses
Entry Labels: Detailed "9 ZLEMA/50 DEMA CROSS" labels with price levels
Color-Coded MAs: Green when 9 ZLEMA > 50 DEMA, red when reversed
4. Alert System
Complete alert functionality for the 9 ZLEMA / 50 DEMA crossover system:
ZLEMA/DEMA Bull Alert: 9 ZLEMA crosses above 50 DEMA
ZLEMA/DEMA Bear Alert: 9 ZLEMA crosses below 50 DEMA
Custom Message Format: Alerts specifically mention the 9/50 configuration
5. Pine Screener Compatibility
Hidden plots enable use with TradingView's Pine Screener for multi-symbol 9 ZLEMA / 50 DEMA monitoring:
9 ZLEMA values
50 DEMA values
9/50 cross bull/bear signal states
⚡ Why Weekly Timeframe is Optimal for 9 ZLEMA / 50 DEMA
The 9 ZLEMA / 50 DEMA configuration is specifically optimized for weekly timeframe analysis:
Reduced Noise: Weekly charts allow the 9/50 setup to filter out daily volatility
Medium-Term Trend Capture: The 9/50 period combination excels at weekly trend identification
Performance Tracking Accuracy: 1,260-bar lookback provides ~24 years of weekly 9/50 cross data
Institutional Alignment: Weekly 9 ZLEMA / 50 DEMA crosses align with institutional timeframes
Options Analysis Compatibility: Perfect for weekly options strategies and crossover event analysis
🛠️ Pre-Configured Settings
Default Moving Average Configuration
Fast MA: 9-period ZLEMA (Zero Lag Exponential Moving Average)
Slow MA: 50-period DEMA (Double Exponential Moving Average)
Source: Close price
Display Mode: Both MAs visible by default
Performance Settings (Optimized for 9/50 Setup)
Profit Target: 10% (ideal for medium-term 9/50 crosses)
Entry Timing: Next Bar Open (reduces slippage on weekly signals)
Lookback Period: 1,260 bars (comprehensive weekly analysis)
Max Bars to Target: 20 bars (reasonable for weekly timeframe)
📈 Specific Use Cases for 9 ZLEMA / 50 DEMA
Primary Applications:
Weekly Options Analysis: Perfect for weekly option strategies based on crossover events
Medium-Term Trend Following: The 9/50 setup captures intermediate trend changes
Performance-Driven Decisions: Real-time metrics specifically for 9 ZLEMA / 50 DEMA effectiveness
Multi-Asset Screening: Use Pine Screener to find 9/50 crosses across multiple symbols
Risk Assessment: Historical performance data for the specific 9/50 configuration
🎯 Key Advantages of the 9 ZLEMA / 50 DEMA Setup
Ready-to-Use Configuration: No setup required - optimized 9/50 parameters included
Reduced Lag: ZLEMA fast MA provides quicker signal generation than traditional EMAs
Smooth Confirmation: DEMA slow MA reduces false signals while maintaining responsiveness
Performance Validated: Built-in tracking shows exactly how well the 9/50 setup performs
Weekly Optimized: Specifically tuned for weekly timeframe effectiveness
Options-Friendly: Ideal timeframe and sensitivity for weekly options strategies
This indicator transforms the proven 9 ZLEMA / 50 DEMA crossover strategy into a comprehensive trading system with quantifiable performance metrics, making it an invaluable tool for traders focused on data-driven crossover analysis and weekly options strategies.
Consecutive Close Tracker (CCT)Consecutive Close Tracker (CCT) Indicator
The Consecutive Close Tracker (CCT) is a powerful momentum and breakout detection tool designed to identify consecutive bullish and bearish closes, potential reversals, and breakout points. By tracking consecutive candle closes and plotting key levels, this indicator provides traders with visual cues to recognize trend continuations, reversals, and breakout opportunities effectively.
🔹 Key Features of CCT
1️⃣ Consecutive Move Lines (Green/Red/Yellow Lines)
Tracks three consecutive bullish or bearish closes.
If the fourth candle confirms the trend, a green line (bullish) or red line (bearish) is drawn.
If the fourth candle fails to confirm, a yellow line is drawn, signaling potential indecision.
Helps traders spot trend continuations and exhaustion points.
2️⃣ Reversal Detection Lines (Cyan & Light Red)
Identifies bullish and bearish reversals based on three higher/lower closes followed by a reversal.
A cyan line indicates a bullish reversal, while a light red line signals a bearish reversal.
Useful for traders looking for trend reversals and key turning points.
3️⃣ Breakout Line (Dynamic Resistance/Support Level)
Automatically calculates a breakout level based on the previous timeframe’s open and close.
Can be customized to use different timeframes (e.g., hourly, daily, weekly).
Acts as a dynamic resistance or support level, helping traders determine breakout opportunities.
🔍 How to Use the Indicator?
✅ 1. Spotting Trend Continuations with Consecutive Move Lines
Green Line: Three consecutive bullish closes followed by a fourth higher close.
🚀 Indicates strong buying pressure & potential uptrend continuation.
Red Line: Three consecutive bearish closes followed by a fourth lower close.
📉 Indicates strong selling pressure & potential downtrend continuation.
Yellow Line: Three consecutive closes, but the fourth candle fails to confirm.
⚠️ Signals possible indecision or trend exhaustion.
🔥 Best Strategy:
If a green line appears near support, consider long entries.
If a red line appears near resistance, consider short entries.
If a yellow line appears, wait for further confirmation before entering a trade.
✅ 2. Identifying Trend Reversals with Reversal Lines
Cyan Line: A bearish trend with three consecutive lower closes, followed by a bullish candle → Possible uptrend reversal.
Light Red Line: A bullish trend with three consecutive higher closes, followed by a bearish candle → Possible downtrend reversal.
🔥 Best Strategy:
If a cyan line appears near a major support level, look for long entry opportunities.
If a light red line appears near resistance, prepare for a potential short entry.
Use these lines in combination with candlestick patterns (e.g., bullish engulfing, pin bars) for confirmation.
✅ 3. Using the Breakout Line for Key Entry & Exit Points
The breakout line represents a key dynamic level (midpoint of the previous timeframe’s open & close).
If price breaks above the breakout line, it suggests bullish momentum → Consider long trades.
If price breaks below the breakout line, it suggests bearish momentum → Consider short trades.
🔥 Best Strategy:
Use the breakout line in combination with support & resistance levels.
When price approaches the breakout line, watch for confirmation candles before entering a trade.
The breakout line can also act as a stop-loss or take-profit level.
🎯 How to Utilize CCT Effectively?
✅ For Intraday Traders
Use the consecutive close tracker on a 5M or 15M chart to catch short-term trends.
Watch for reversal lines near major intraday support/resistance for quick scalping opportunities.
Use the breakout line from the hourly chart to identify potential trend shifts.
✅ For Swing Traders
Apply the indicator on 1H, 4H, or daily charts to track medium-term trends.
Look for green/red lines near key Fibonacci retracement or pivot levels.
Use reversal lines to detect early trend reversals before bigger moves occur.
✅ For Breakout Traders
Focus on the breakout line on higher timeframes (e.g., 1H, 4H, Daily) to identify strong momentum shifts.
If price crosses the breakout line with strong volume, enter trades with trend confirmation.
Place stop-loss just below the breakout level for controlled risk management.
🏆 Final Thoughts
The Consecutive Close Tracker (CCT) is a powerful momentum and reversal indicator that helps traders:
✅ Identify strong trend continuations (green/red lines).
✅ Detect early reversal points (cyan/light red lines).
✅ Use a dynamic breakout line for better trade entries & exits.
Whether you’re an intraday trader, swing trader, or breakout trader, this tool can enhance your market insights and improve your trading decisions. 📈🔥
🚀 Try it out, and integrate it with your strategy to maximize its potential! 🚀
TradeTrackerLibrary "TradeTracker"
Simple Library for tracking trades
method track(this)
tracks trade when called on every bar
Namespace types: Trade
Parameters:
this (Trade) : Trade object
Returns: current Trade object
Trade
Has the constituents to track trades generated by any method.
Fields:
id (series int)
direction (series int) : Trade direction. Positive values for long and negative values for short trades
initialEntry (series float) : Initial entry price. This value will not change even if the entry is changed in the lifecycle of the trade
entry (series float) : Updated entry price. Allows variations to initial calculated entry. Useful in cases of trailing entry.
initialStop (series float) : Initial stop. Similar to initial entry, this is the first calculated stop for the lifecycle of trade.
stop (series float) : Trailing Stop. If there is no trailing, the value will be same as that of initial trade
targets (float ) : array of target values.
startBar (series int) : bar index of starting bar. Set by default when object is created. No need to alter this after that.
endBar (series int) : bar index of last bar in trade. Set by tracker on each execution
startTime (series int) : time of the start bar. Set by default when object is created. No need to alter this after that.
endTime (series int) : time of the ending bar. Updated by tracking method.
status (series int) : Integer parameter to track the status of the trade
retest (series bool) : Boolean parameter to notify if there was retest of the entry price
FNO Straddle/Strangle Premium TrackerThe FNO Straddle/Strangle Premium Tracker is a powerful Pine Script indicator designed for options traders to monitor the combined premium of a straddle or strangle strategy for Indian F&O instruments. It tracks the sum of call and put option prices, visualizes the premium as a candlestick or line chart, and includes technical indicators like EMAs and premium percentage change. The indicator also provides a real-time data table, alerts for key events, and exportable data for analysis, making it ideal for tracking premium movements and identifying trading opportunities.
Key Features
Customizable Inputs: Select from a wide range of underlying symbols (e.g., NIFTY, BANKNIFTY, stocks like RELIANCE, TCS), expiry date, call/put strike prices, chart type (Candlestick or Line), and timeframe (1-min to Daily).
Premium Visualization: Plots the combined premium (Call + Put) as a candlestick or line chart, with customizable colors for easy trend identification.
Exponential Moving Averages (EMAs): Displays 21, 100, and 200-period EMAs to track premium trends, with alerts for premium crossing above/below the 21-period EMA.
Premium % Change: Shows the percentage change in the combined premium as a histogram for quick momentum analysis.
Real-Time Data Table: A table in the top-right corner displays the latest premium, call/put Last Traded Prices (LTP), and EMA values (21, 100, 200).
Error Handling: Alerts users with a warning label if the selected symbol, expiry, or strike is invalid or data is unavailable.
Data Export: Outputs the latest premium, call LTP, and put LTP as a text string for easy copying or analysis.
LTP Label: Displays the current premium value every 5 bars for quick reference.
How It Works
Input Selection: Choose the underlying symbol, expiry date (YYMMDD format, e.g., 250626 for June 26, 2025), call and put strike prices, chart type, and timeframe.
Data Fetching: The script fetches real-time OHLC (Open, High, Low, Close) data for the selected call and put options using the specified symbol and expiry.
Premium Calculation: Combines the call and put option prices to calculate the straddle/strangle premium (Open, High, Low, Close).
Visualization: Plots the premium as a candlestick (green for bullish, red for bearish) or a blue line chart, along with EMAs, call/put LTP lines, and a premium % change histogram.
Alerts & Notifications: Triggers alerts when the premium crosses the 21-period EMA and displays a warning if data is invalid.
Data Display: Shows key metrics in a table and provides exportable data for further analysis.
Inputs
Select Symbol: Choose the underlying instrument (e.g., NIFTY, BANKNIFTY, RELIANCE, etc.).
Expiry Date: Enter the option expiry in YYMMDD format (e.g., 250626).
Call/Put Strike: Specify the strike prices for the call and put options.
Chart Type: Select "Candlestick" or "Line" to visualize the premium.
Timeframe: Choose the data aggregation period (e.g., 1-min, 5-min, Daily).
Outputs
Chart: Candlestick or line plot of the combined premium, with EMAs (21, 100, 200), call/put LTP, and premium % change histogram.
Table: Real-time display of premium, call/put LTP, and EMA values.
Alerts: Notifications for premium crossing EMA21 or invalid data.
Export Data: A text string with the latest premium, call LTP, and put LTP for external use.
Use Cases
Straddle/Strangle Trading: Monitor premium movements for at-the-money (ATM) straddles or out-of-the-money (OTM) strangles to time entries/exits.
Trend Analysis: Use EMAs to identify bullish or bearish trends in the premium.
Momentum Trading: Leverage the premium % change histogram to spot rapid price movements.
Risk Management: Track call and put LTP individually to assess option price behavior.
Data Analysis: Export premium data for backtesting or strategy development.
How to Use
Add the indicator to your TradingView chart.
Configure the inputs (symbol, expiry, strikes, chart type, timeframe) based on your trading setup.
Monitor the chart for premium trends, EMA crossovers, and % change signals.
Use the table and export data for real-time insights or external analysis.
Set up alerts to get notified when the premium crosses the 21-period EMA.
Notes
Ensure the symbol, expiry, and strike prices are valid for your data provider to avoid "Invalid Symbol" errors.
The indicator works best on Indian F&O instruments (NSE/BSE) with active options chains.
For optimal performance, use shorter timeframes (e.g., 1-min, 5-min) for intraday trading or Daily for positional analysis.
The premium % change histogram helps identify volatility spikes, useful for breakout strategies.
Limitations
Requires valid option chain data from TradingView’s data provider.
Performance may vary on low-liquidity instruments or illiquid strike prices.
Alerts are limited to EMA21 crossovers; additional custom alerts can be added as needed.
Feedback
If you have suggestions or need additional features (e.g., Bollinger Bands, RSI, or volatility metrics), feel free to comment! Happy trading!
Trade-o-Scope: Multi-Asset Price TrackerTrade-o-Scope team presents the "Multi-Asset Price Tracker" indicator.
"Multi-Asset Price Tracker" is designed to help analyze price changes across multiple assets within time intervals you define.
Motivation:
Most screeners on the market track price changes over predefined periods, like 1H\4H\12H\1D\3D\7D\etc. Typically, they compare initial and current prices.
But what if you want to analyze assets' performance over arbitrary historical intervals?
Perhaps you want to spot which assets dropped most within 7 hours after a specific industry announcement? Or do you want to check which asset grew the most in January last year?
This is where the "Multi-Asset Price Tracker" shines. It lets you define arbitrary intervals and track price changes for selected assets.
Overview and functionality:
Define arbitrary time intervals in history for analyzing price changes.
Create up to 10 lists, each with up to 40 symbols to track. Populate lists with data from text files, Excel, or CSV. Lists are just multiline text strings, each line representing an individual symbol.
Switch between lists, with one active list at a time.
Specify up to 3 fixed symbols for additional analysis alongside active list symbols. You may use them as reference points to compare price changes of the symbols in the List.
Customize table appearance and position.
Set sorting criteria and direction for displayed values.
View the results in a table on the chart.
How it works:
"Multi-Asset Price Tracker" will track the symbol's price during the interval you define.
The indicator identifies each symbol's Start, Max, Min, and End prices during the interval. It then calculates relative changes: Start-to-Max, Start-to-Min, and Start-to-End.
The list of relative changes is ordered by the column chosen in settings and displayed on the chart.
List example (up to 10 Lists):
BINANCE:WLDUSDT.P
BINANCE:WOOUSDT.P
BINANCE:XEMUSDT.P
...
...
(up to 40 symbols per List)
Calculation example:
Symbol Start-price = $100
Symbol Max-price = $150
Symbol Min-price = $75
Symbol End-price = $110
Start-to-Max = 100% * (Max-price - Start-price) / Start-price = 100% * ($150 - $100) / $100 = 50%
Start-to-Min = 100% * (Min-price - Start-price) / Start-price = 100% * ($75 - $100) / $100 = -25%
Start-to-End = 100% * (End-price - Start-price) / Start-price = 100% * ($110 - $100) / $100 = 10%
Chart example:
In the provided chart, you can observe an example with a table generated by the indicator, along with manually added arrows and labels explaining the calculation process for an individual symbol from the list.
How to use:
1) Add "Multi-Asset Price Tracker" indicator to the chart
2) The indicator will ask you to define the start and the end of the interval using the mouse on the chart.
Voila! You'll see the table with sorted relative price changes based on default list values and settings.
3) Customize the indicator's settings:
Define the interval Start and End datetime.
Optionally, change the interval Start and End by clicking on the indicator name and dragging the vertical mark at the edges of the interval to a new position.
Define the Start and End price sources.
Choose a color to highlight the interval on the chart's background.
Set the table position, size, text size, and border size.
Specify the column for sorting and its direction.
Choose whether to sort chart symbols and fixed symbols together with list symbols or display them at the top of the table irrespective of their relative price change.
Enable fixed symbols if needed, and define up to 3 fixed symbols.
Define symbol lists, with up to 10 lists and 40 symbols each.
Select which List to make active - symbols from the active list will be calculated and displayed.
Money Risk Management with Trade Tracking
Overview
The Money Risk Management with Trade Tracking indicator is a powerful tool designed for traders on TradingView to simplify trade simulation and risk management. Unlike the TradingView Strategy Tester, which can be complex for beginners, this indicator provides an intuitive, beginner-friendly interface to evaluate trading strategies in a realistic manner, mirroring real-world trading conditions.
Built on the foundation of open-source contributions from LuxAlgo and TCP, this indicator integrates external indicator signals, overlays take-profit (TP) and stop-loss (SL) levels, and provides detailed money management analytics. It empowers traders to visualize potential profits, losses, and risk-reward ratios, making it easier to understand the financial outcomes of their strategies.
Key Features
Signal Integration: Seamlessly integrates with external long and short signals from other indicators, allowing traders to overlay TP/SL levels based on their preferred strategies.
Realistic Trade Simulation: Simulates trades as they would occur in real-world scenarios, accounting for initial capital, risk percentage, leverage, and compounding effects.
Money Management Dashboard: Displays critical metrics such as current capital, unrealized P&L, risk amount, potential profit, risk-reward ratio, and trade status in a customizable, beginner-friendly table.
TP/SL Visualization: Plots TP and SL levels on the chart with customizable styles (solid, dashed, dotted) and colors, along with optional labels for clarity.
Performance Tracking: Tracks total trades, win/loss counts, win rate, and profit factor, providing a clear overview of strategy performance.
Liquidation Risk Alerts: Warns traders if stop-loss levels risk liquidation based on leverage settings, enhancing risk awareness.
Benefits for Traders
Beginner-Friendly: Simplifies the complexities of the TradingView Strategy Tester, offering an intuitive interface for new traders to simulate and evaluate trades without confusion.
Real-World Insights: Helps traders understand the actual profit or loss potential of their strategies by factoring in capital, risk, and leverage, bridging the gap between theoretical backtesting and real-world execution.
Enhanced Decision-Making: Provides clear, real-time analytics on risk-reward ratios, unrealized P&L, and trade performance, enabling informed trading decisions.
Customizable and Flexible: Allows customization of TP/SL settings, table positions, colors, and sizes, catering to individual trader preferences.
Risk Management Focus: Encourages disciplined trading by highlighting risk amounts, potential profits, and liquidation risks, fostering better financial planning.
Why This Indicator Stands Out
Many traders struggle to translate backtested strategy results into real-world outcomes due to the abstract nature of percentage-based profitability metrics. This indicator addresses that challenge by providing a practical, user-friendly tool that simulates trades with real-world parameters like capital, leverage, and compounding. Its open-source nature ensures accessibility, while its integration with other indicators makes it versatile for various trading styles.
How to Use
Add to TradingView: Copy the Pine Script code into TradingView’s Pine Editor and add it to your chart.
Configure Inputs: Set your initial capital, risk percentage, leverage, and TP/SL values in the indicator settings. Select external long/short signal sources if integrating with other indicators.
Monitor Dashboards: Use the Money Management and Target Dashboard tables to track trade performance and risk metrics in real time.
Analyze Results: Review win rates, profit factors, and P&L to refine your trading strategy.
Credits
This indicator builds upon the open-source contributions of LuxAlgo and TCP , whose efforts in sharing their code have made this tool possible. Their dedication to the trading community is deeply appreciated.
Leveraged Share Decay Tracker [SS]Releasing this utility tool for leveraged share traders and investors.
It is very difficult to track the amount of decay and efficiency that is associated with leveraged shares and since not all leveraged shares are created equally, I developed this tool to help investors/traders ascertain:
1. The general risk, in $$, per share associated with investing in a particular leveraged ETF
2. The ability of a leveraged share to match what it purports to do (i.e. if it is a 3X Bull share, is it actually returning consistently 3X the underlying or is there a large variance?)
3. The general decay at various timepoints expressed in $$$
How to use:
You need to be opened on the chart of the underlying. In the example above, the chart is on DIA, the leveraged share being tracked is UDOW (3X bull share of the DOW).
Once you are on the chart of the underlying, you then put in the leveraged share of interest. The indicator will perform two major assessments:
1. An analysis of the standard error between the underlying and the leveraged share. This is accomplished through linear regression, but instead of creating a linreg equation, it simply uses the results to ascertain the degree of error associated at various time points (the time points are 10, 20, 30, 40, 50, 100, 252).
2. An analysis of the variance of returns. The indicator requires you to put in the leverage amount. So if the leverage amount is 3% (i.e. SPXL or UPRO is 3 X SPY), be sure that you are putting that factor in the settings. It will then modify the underlying to match the leverage amount, and perform an assessment of variance over 10, 20, 30, 40, 50, 100, 252 days to ensure stability. This will verify whether the leveraged ETF is actually consistently performing how it purports to perform.
Here are some examples, and some tales of caution so you can see, for yourself, how not all leveraged shares are created equal.
SPY and SPXL:
SPY and UPRO:
XBI and LABU (3 x bull share):
XBI and LABD (3 x bear share):
SOX and SOXL:
AAPL and AAPU:
It is VERY pivotal you remember to check and adjust the Leveraged % factor.
For example, AAPU is leveraged 1.5%. You can see above it tracks this well. However, if you accidently leave it at 3%, you will get an erroneous result:
You can also see how some can fail to track the quoted leveraged amount, but still produce relatively lower risk decay.
And, as a final example, let's take a look at the worst leveraged share of life, BOIL:
Trainwreck that one. Stay far away from it!
The chart:
The chart will show you the drift (money value over time) and the variance (% variance between the expected and actual returns) over time. From here, you can ascertain the general length you feel comfortable holding a leveraged share. In general, for most stable shares, <= 50 trading days tends to be the sweet spot, but always check the chart.
There are also options to plot the variances and the drifts so you can see them visually.
And that is the indicator! Kind of boring, but there are absolutely 0 resources out there for doing this job, so hopefully you see the use for it!
Safe trades everyone!
