[PX] Level & TrendlinesThe indicator identifies the intermediate fractal pattern, where neighboring fractals are either higher or lower. It plots horizontal level and trendlines based on those fractals and comes with a variety of settings.
If you are looking for someone to develop your on indicator or trading strategy, don't hesitate to get in touch with me here on TradingView or below.
Contact:
www.pascal-simon.de
info@pascal-simon.de
Cerca negli script per "trend"
New extremum trendScript for filtering out periods when market is not trending.
It defines downtrend as following:
Lowest price of last 2 days is equal or lower then lowest price of last 100 days.
Values 2 and 100 are customizable.
Uptrend analogically with highs.
Trend Scores + Volume-Weighted Trend ScoresHere is a simple indicator based on Tushar Chande's TrendScore .
The main purpose of the TrendScore is to determine the strength and direction of a trend, which it does by comparing the current price to the prices within a user-defined window of historical prices.
In the input menu, the user defines the starting and ending period. The current price is then compared to each historical price. If the current price is greater than the given historical price, then the TrendScore is incremented, while it is decremented if it is below the given historical price. TrendScore values fluctuate between a maximum of 100 and a minimum of -100, with 100 meaning that the current price is greater than each historical price in the window and a value of -100 meaning the inverse is true.
We then use the same process to calculate the volume trend score by passing in volume to the 'getTrendScore' function. Lastly, the indicator also also calculates a 'volume-weighted trend score'. This is simply the average of the price trend score and the volume trend score. It is not plotted by default, but users can set the input option to true in the input menu and it will be plotted as a yellow line (as seen in the bottom chart).
The Chart:
The trend scores for price are plotted as a histogram. We've summarized the meaning behind its color changes below:
-If ( trendScore == 100)
then color = dark green
-if ( trendScore < 100 and trendScore is increasing)
then color = light green
-if ( trendScore > 0 and trendScore is DECREASING)
then color = pink
-if ( trendScore < 0)
then color = red
The volume trend score is plotted as a blue line. We felt that using a similar coloring system for the volume trend scores would over-crowd the chart and take away from the simplicity that makes this indicator useful. The volume-weighted trend score is plotted as a yellow line.
The main price bars change color based on the price trend score to make the values easier to visualize as well.
Interpretation:
This is a pretty versatile indicator. We summarized the ways in which traders can use it:
-Enter Long Positions when the trend score crosses zero from negative to positive territory.
-Exit Long Positions when the trend score was previously 100 and begins decreasing (ie bar color changes from dark green to pink).
-Spot bearish divergences when price trend score is 100 or relatively high and the volume trend score decreases significantly.
-Identify bullish divergences when price trend score is relatively low and volume trend score is increasing.
~Happy Trading~
Modular Filter - Spot Trends And Smooth PriceIntroduction
This indicator can have a wide variety of usages, and since it is based on exponential averaging then the whole indicator can be made adaptive, thus ending up with a really promising tool. This indicator who can both smooth price and act as a trailing stop depending on user preferences, i tried to make it as reactive, stable and efficient as possible in order to both smooth and spot trends, lets view it more in depth.
The Indicator
line 8 and 9 create two bands, one upper and one lower, then based on certain conditions the indicator will only return a certain band or an average of both with different weights, this weight is controlled by the beta parameter, values of 1 will return a simple filter while values of 0 will return a classical trailing stop.
beta = 0
The indicator can use output values as input, thus using smoother values as input, in order to do so just check "Feedback", this help the overall output to be smoother as well as giving more long terms signals
The amount of feedback is controlled by the feedback weighting parameter, lower values will weight more the output values thus creating smoother results.
Feedback weighting of 0.2
Using beta = 0 thus having the indicator act as a trailing stop while having the feedback option activated return more long terms signals. Notes that the colors are based on the initial conditions of the indicator.
Conclusion
You can replace length and change alpha for any smoothing variable such as the efficiency ratio or anything with scale (1,0), same goes for beta and the feedback weighting parameter, this is why the indicator is "Modular" in addition of providing different usages. This indicator can look like cluster filters (smooth price monarch, forexguru) , filters with the ability to follow the price quite fine while being stables. I really hope you find an use to it.
Thanks for reading !
Trend Force HistogramA way to see if market is trending or not trending based on highest and lowest closing price. Market is considered to be trending when the indicator is above 0 (in blue) and ranging when under 0 (in red)
Quite simple but its a way to calculate the trend force since trend can be measured thanks to highest/lowest.
Trend Direction Force Index - TDFI [wm]TDFI can range from -1 to 1 and thus indicate the direction of the trend.
In periods of consolidation ratios take very low values close to zero as a rule, do not exceed the value of 0.05 (and -0.05), which have set arbitrarily as horizontal signal lines. Rate accelerates rapidly to higher values when the consolidation ends and is a good chance of becoming a permanent trend.
As an extension, the trader can assume that as long as the pointer moves above the signal line and does not come down to the low value of less than 0.05 for at least two bars the trend continues. So the descent below signal line and a return to higher values should be interpreted as a temporary weakening trend. Not before rate remains below 0.05 for at least 2 bars, can we consider that the market is likely to begin to consolidate
In addition, we can assess the strength of the trend, depending on the value of the index – the index reaches 1 trend is strong (-1 is a strong downward trend) and generally values above 0.6 should be so interpreted. Less than in decline should be considered that the trend is losing its momentum.
Trend Mesh (TM) for FX by Tirano안녕하세요. 다이너스티 팀의 안드레아 입니다.
기존에 티라노라는 이름으로 활동했습니다
Trend Mesh ( TM ) 소개
본 지표를 보는 방법은 단순합니다.
굵은 선이 파란색이면 상승추세이고, 붉은색이면 하락추세 입니다.
큰 타임 프레임에서 상승 추세라면, 조정시에 매수포지션을 취하는것이 유리하고 반대로 하락 추세라면 상승시에 매도포지션을 취하는것이 유리합니다.
기타 문의사항은 댓글 남겨주시면 감사하겠습니다.
Hi. this is Andreas of the Dynasty team.
Introduction to Trend Mesh ( TM )
Viewing this indicator is simple.
If the bold line is blue, it is an upward trend, while a red line is a downward trend.
If the upward trend is in a large time frame, it is advantageous to take the buy position at the time of adjustment, and if it is a downward trend, it is advantageous to take the selling position at the time of rise.
If you have any other questions, please leave a comment.
Trend Strength Index by TradingeneТhis indicator shows the strength of the trend. Although its logic is quite simple but it copes with its task well. Аnd that's its advantage.
Trend is your friendThis indicator evaluates the trend based on crosses of two McGinley moving averages. It paints candles accordingly (it does not repaint), so you can see what the indicator is saying more clearly and stay in your trade until you see a period of consolidation or a reversal. You can control how far away those moving averages need to be for you to consider it a trend. If this distance is not met candles color is not changed and it shows you that the market is in a period of consolidation. I also added visualization of RSI, so you can have an easier time finding appropriate profit targets. For stop loss I would recommend placing it a couple points above or below the previous high / low that is located above / below you final target for entry. You can also use a certain percentage that works for you. I tried adding a stop loss based on ATR, but I did not like the results. Using market structure is a better choice in my opinion.
Here is a basic trading strategy for the default settings:
Wait for the indicator to start printing a series of green or red candles. After that you can enter a long or a short around moving averages. Another valid place to entry is the specific RSI zone. If we are in an uptrend buying when RSI is oversold can be beneficial as you expect market to recover. I do not recommend changing RSI from 14. Vice versa for the downtrend. It gives you an edge as you know at what price RSI will be oversold and allows you to place trades in advance. Pretty neat! You need to realize that no indicator or strategy can give you an exact entry. There will always be some margin of error. What I wanted to say is that if there is a strong trend up and you buy around your key moving averages and when RSI is oversold you entered in good places and there is a pretty good chance you will make money.
Time frame settings:
If you want to use tighter stop losses I would recommend sticking to 15m. Do not go lower. It is not worth the stress. 1h and 4h seems to be very good as well, but expect your stop losses to be wider. What I personally tend to do is display 15m, 30m and 1h and compare it. Think of it as a short, mid and long term. That way you can see things little bit better.
Examples:
1H chart BTC
4h chart EUR / USD
1D chart NASDAQ
15m chart BTC (Daytrading)
That last chart shows that even if you were longing while the trend was about to change you still had a good chance to close it with a little profit and switch to short easily. The default settings is what has worked the best for me. Feel free to change them as you see fit and do not forget to let me know if you find something that works better :)
Notes:
Either disable wick display or change it to a neutral color like gray for both green and red candles. Unfortunately pine script does not allow wick painting, so if you have red / green wicks it will look terrible. If RSI visualization makes your candles look too small you can go to settings and disable the display of individual RSI levels. You will still be able to see the zones, but the scale won't be affected.
4 EMA TREND INDICATORİf GREEN > YELLOW > RED > BLACK
UPWARD TREND
If BLACK > RED > YELLOW > GREEN
DOWNWARD TREND
In upward trend , if green(fastest ema) crossunder YELLOW or RED or both of them , you can close the position . Dont wait the Downward Trend.
Lengths of EMAs are based on Fibonacci numbers ( 8,13,21,34) , if you want, you can change it based on your strategy.
Reversal Candlestick Pattern With Trend IndentifierThis script help to identified popular candlestick pattern combined with trend identifier.
Most script only focus on criteria of the pattern. Such as how much the length of the body compared to previous candle etc.
Besides criteria of the candle, this script also considered the trend into the logic.
For example bullish engulfing is a bullish reversal signal, which is only valid in a down trend.
To identified trend, I'm using RSI. Normally, RSI less than 50 is considered a down trend, and RSI greater than 50 is considered up trend. In this script, you can customize the criteria of how much RSI is up trend and down trend.
Default value RSI >= 55 is up trend, RSI <= 45 is down trend.
Your feedback and suggestion is welcome.
Supported pattern:
White Marubozu (wm)
Black Marubozu (bm)
Hammer (h)
Hanging Man (hm)
Inverted Hammer (ih)
Shooting Star (ss)
Bullish Engulfing (e)
Bearish Engulfing (e)
Tweezer Bottom (tb)
Tweezer Top (tt)
Three White Soldiers (tws)
Three Black Crows (tbc)
Morning Star (ms)
Evening Star (es)
Three Inside Up (tiu)
Three Inside Down (tid)
Reference:
babypips.com
Scalping Trend Power for MT5 - Updated### **Scalping Trend Power for MT5 – Full Technical Documentation**
> **Asset class:** FX · CFDs · Futures
> **Style:** Intraday trend-following / scalping
> **Script type:** Pine v5 *strategy* with optional PineConnector execution
> **Author:** AlgoSystems – released for educational & non-commercial use
> **Warning:** No script can guarantee profits; live results may differ from back-tests.
---
## 1. High-Level Idea
Scalping Trend Power couples a **fast/slow EMA crossover** with an **RSI exhaustion filter** to time impulsive pullbacks **inside a dominant short-term trend**.
Unlike classic MA cross systems, it waits for *N consecutive bars* of confirmation, then layers in **ATR-scaled risk, adaptive trailing stops, volume-aware stop tightening,** and *three* optional partial-profit targets.
An **upper-time-frame RSI check** acts as an early-warning exit to avoid overstaying.
---
## 2. Signal Stack in Detail
| Layer | Purpose | Formula / Condition |
| ----------------------- | ------------------ | ----------------------------------------------------------------------------------------- |
| **Trend Bias** | Detect micro-trend | `emaShort > emaLong` ⇒ bullish bias, else bearish |
| **Momentum Health** | Prevent chasing | *Long* trades allowed only if `RSI < RSI_OB`; *Short* only if `RSI > RSI_OS` |
| **Bar Confirmation** | Noise filter | Both rules must hold for `Confirmation Bars` candles in a row |
| **Entry Trigger** | Market order | The candle that completes the confirmation window |
| **Initial Stop** | Volatility sizing | `ATR × TrailingStopMultiplier`, then divided by `(volume / avgVolume × VolumeMultiplier)` |
| **Trailing Logic** | Lock profit | Max( pivot-based stop, ATR-base stop ) for longs; Min(..) for shorts |
| **Higher-TF RSI Guard** | Context exit | Flat if higher-TF RSI breaches OB/OS levels |
| **TP Grid (opt.)** | Incremental exits | TP1/TP2/TP3 at `ATR × {1.0, 1.5, 2.0}` (default multipliers) |
| **Trade Throttle** | Over-trading brake | Max `baseLongTrades – TradeDecreaseFactor` longs per trend leg |
| **Connector Hooks** | MT5 routing | All alerts follow PineConnector’s `risk=` (lots) syntax |
---
## 3. Inputs Explained
| Category | Parameter | Effect |
| -------------------- | -------------------------------------- | ------------------------------------------------------ |
| **Sizing** | `Lot Size` · `Lot Multiplier` | Base lot × multiplier ⇒ *final* `risk=` lots |
| | `Risk/Reward Ratio` | Scales `dynamicTP = ATR × R/R` |
| | `Trailing-Stop Multiplier` | Wider ⇒ looser stop, lower ⇒ tighter |
| **Indicators** | `EMA Short / Long` | 9 & 21 default – suitable for 1-5 min TFs |
| | `RSI Length` | 14 by default |
| | `RSI OB / OS` | OB=70, OS=30 (lower = more entries; higher = stricter) |
| **Exit Context** | `Higher TF` | Any higher timeframe string (e.g. “30”, “60”) |
| | `Higher-TF RSI OB / OS` | Exits when breached |
| **Volume & Pivots** | `Volume Look-Back` | SMA length for avg volume |
| | `Volume Multiplier` | < 1.0 tightens SL in thin liquidity |
| | `Pivot Look-Back` | Bars left/right for swing pivots |
| **Partial Exit** | Toggle + TP multipliers + % lot splits | 0–3 targets; if disabled, single full exit |
| **Execution Limits** | `Confirmation Bars` | 1–n candles |
| | `Trade Decrease Factor` | Reduce # allowable longs as trend matures |
| **Connector** | Activate + License Code | Enables webhook output of orders |
All inputs are **tool-tipped** inside the script for quick reference.
---
## 4. Alert & PineConnector Workflow
1. **Add script to chart** → set inputs.
2. **Create an alert**
* *Condition*: **Any alert() call**
* *Webhook*: `https://webhook.pineconnector.com`
* *Message*: **leave blank** (script fills each alert).
3. In **MT5**, attach PineConnector EA to the **same symbol**; keep *VolumeType = Lots*.
4. Copy-paste your **License ID** into the script and tick **Activate PineConnector**.
5. Script now pushes:
* `buy` / `sell` with `risk=` (entries)
* `closelongvol` / `closeshortvol` with proportional lots (TP1-TP3)
* `closelong` / `closeshort` (full exit or stop)
> **Latency note:** Webhook round-trip ≈ 100-300 ms. Use on liquid 1-M, 5-M, 15-M charts; avoid sub-second scalps.
---
## 5. Best-Practice Checklist
| ✔︎ Do | ✘ Avoid |
| --------------------------------------------------------------------------- | ------------------------------------------------------------- |
| Walk forward-test on *new* data, not in-sample optimisation. | Optimising every input – will over-fit. |
| Calibrate *only* money-management (lot multiplier / TP %) per account size. | Running with fixed lots on variable leverage accounts. |
| Increase ATR multipliers if trading high-spread pairs (exotics, crypto). | Using the same ATR factor across radically different symbols. |
| Re-check higher-TF filter values before volatile sessions (NFP, CPI). | Trading news spikes with confirmation bars = 1. |
| Keep **PineConnector EA** running 24/5 on a VPS (if auto-trading). | Expecting alerts to fire with TradingView tab closed. |
---
## 6. Limitations & Warnings
* Strategy **assumes constant spread** in back-test; real P/L will differ.
* Sub-minute charts may repaint pivots during live candles.
* Over-leveraged lot sizes can wipe accounts quickly – risk strictly!
* PineConnector routing is “fire-and-forget”; EA must handle slippage / rejects.
---
## 7. License & Attribution
Released under the **MIT License** – keep the copyright header if you remix.
If you publish derivatives, please link back to this original post.
---
## 8. Disclaimer
This publication is **NOT** investment advice. Use on demo accounts first, understand all parameters, and comply with your jurisdiction’s regulations. AlgoSystems is **not liable** for any financial loss arising from the use of this code.
---
**Ready to trade?**
Copy the script ⇨ set your risk ⇨ run an alert ⇨ connect PineConnector – and monitor results responsibly. Feedback & pull-requests welcome!
Optimized Trend [DaviddTech]Optimized Trend is a comprehensive trend-following indicator that combines multiple analytical techniques for improved decision-making.
Key Features:
Zero-Lag Exponential Moving Average (ZLEMA) to reduce lag and track price movements more effectively.
Adaptive Lag Control: The lag of the ZLEMA can be automatically adjusted based on market volatility (ATR), or manually set for user preference.
Composite Score: A weighted measure combining ZLEMA momentum, short-term price changes, ATR-based volatility, and money flow (using Chaikin Money Flow and Money Flow Index). This creates a 0–100 score reflecting overall market strength.
Dynamic Bands: ATR-based upper and lower bands shift depending on price relative to the ZLEMA, acting as dynamic support/resistance.
Trend Cross Alerts: Plots buy and sell dots when the price crosses the ZLEMA for quick trade signals.
Summary Table: Displays key data including composite score, volatility, trend direction, current lag setting, and a market narrative.
Uniqueness & Research Basis:
This indicator incorporates an adaptive lag mechanism tied to ATR volatility, making the trendline more responsive during high volatility and smoother during calmer markets. It also blends multiple volume/flow metrics into a single money flow component, delivering a synthesized view of market strength not found in traditional ZLEMA tools.
How to Use:
Identify Trend Direction: Use the ZLEMA color (teal for bullish, maroon for bearish) and composite score to confirm market bias.
Monitor Bands: Price reaching the upper band (red fill) may indicate overbought conditions, while the lower band (green fill) may signal oversold conditions.
Entry/Exit Signals: Watch for the plotted (buy) and (sell) dots as potential trade signals.
Fine-Tune Sensitivity: Adjust ZLEMA length and lag settings in the inputs to better match your trading timeframe and style.
Adaptive Lag: Enable or disable to see how dynamic volatility affects responsiveness.
This indicator is designed for educational purposes only and should be used with additional confirmation and risk management in your trading plan.
EMD Trend [InvestorUnknown]EMD Trend is a dynamic trend-following indicator that utilizes Exponential Moving Deviation (EMD) to build adaptive channels around a selected moving average. Designed for traders who value responsive trend signals with built-in volatility sensitivity, this tool highlights directional bias, market regime shifts, and potential breakout opportunities.
How It Works
Instead of using standard deviation, EMD Trend employs the exponential moving average of the absolute deviation from a moving average—producing smoother, faster-reacting upper and lower bounds:
Bullish (Risk-ON Long): Price crosses above the upper EMD band
Bearish (Risk-ON Short): Price crosses below the lower EMD band
Neutral: Price stays within the channel, indicating potential mean reversion or low momentum
Trend direction is defined by price interaction with these bands, and visual cues (color-coded bars and fills) help quickly identify market conditions.
Features
7 Moving Average Types: SMA, EMA, HMA, DEMA, TEMA, RMA, FRAMA
Custom Price Source: Choose close, hl2, ohlc4, or others
EMD Multiplier: Controls the width of the deviation envelope
Bar Coloring: Candles change color based on current trend
Intra-bar Signal Option: Enables faster updates (with optional repainting)
Speculative Zones: Fills highlight aggressive momentum moves beyond EMD bounds
Backtest Mode
Switch to Backtest Mode for performance evaluation over historical data:
Equity Curve Plot: Compare EMD Trend strategy vs. Buy & Hold
Trade Metrics Table: View number of trades, win/loss stats, profits
Performance Metrics Table: Includes CAGR, Sharpe, max drawdown, and more
Custom Start Date: Select from which date the backtest should begin
Trade Sizing: Configure capital and trade percentage per entry
Signal Filters: Choose from Long Only, Short Only, or Both
Alerts
Built-in alerts let you automate entries, exits, and trend transitions:
LONG (EMD Trend) - Trend flips to Long
SHORT (EMD Trend) - Trend flips to Short
RISK-ON LONG - Price crosses above upper EMD band
RISK-OFF LONG - Price crosses back below upper EMD band
RISK-ON SHORT - Price crosses below lower EMD band
RISK-OFF SHORT - Price crosses back above lower EMD band
Use Cases
Trend Confirmation with volatility-sensitive boundaries
Momentum Entry Filtering via breakout zones
Mean Reversion Avoidance in sideways markets
Backtesting & Strategy Building with real-time metrics
Disclaimer
This indicator is intended for informational and educational purposes only. It does not constitute investment advice. Historical performance does not guarantee future results. Always backtest and use in simulation before live trading.
MTF Trend + Crossover AlertsMulti-Timeframe Trend Dashboard + Crossover Signals
This indicator provides a clean, real-time visual dashboard of trend directions across multiple timeframes (1m, 5m, 15m, 30m, 1H, 4H, 1D), based on moving average crossovers.
🔹 Trend Detection Logic:
When the fast MA is above the slow MA → Bullish trend 🚀
When the fast MA is below the slow MA → Bearish trend 🐻
When both are equal or ranging → Neutral
📊 Dashboard Features:
Displays trend status for each selected timeframe
Color-coded cells (green = bullish, red = bearish, gray = neutral)
Includes emojis for visual clarity
🔔 Buy/Sell Alerts:
On the active chart timeframe, buy and sell signals are plotted when the fast MA crosses above or below the slow MA. You can also enable TradingView alerts based on these events.
🧩 Customizable Inputs:
Fast MA period
Slow MA period
MA type (EMA or SMA)
🔧 Ideal for traders who want a quick snapshot of market structure across multiple timeframes and receive real-time crossover signals on their current chart.
RSI Candle Trend🎯 Purpose:
This TradingView script is designed to visualize trend strength using RSI values as candle data, instead of traditional price candles. It transforms RSI data into custom candles using various smoothing and filtering methods (like Heikin-Ashi, Linear Regression, Rational Quadratic Filter, or McGinley Dynamic). It allows traders to:
📌Track RSI-based momentum using visual candle representation
📌Apply advanced smoothing/filters to the RSI to reduce noise
📌Highlight candle trend strength using dynamic coloring
📌Identify overbought/oversold zones using reference lines (RSI 80 and 20)
🧩 How It Works:
It calculates RSI values for open, high, low, close prices.
These RSI values are then optionally smoothed with user-selected moving averages (EMA, SMA, etc.).
Depending on the selected mode (Normal, Heikin-Ashi, Linear, Rational Quadratic), the RSI values are transformed into synthetic candles.
Candles are colored cyan (uptrend) or red (downtrend) based on RSI movement.
⚙️ Key Inputs:
Method: Type of moving average to smooth the RSI (e.g. EMA, SMA, VWMA, etc.)
Length: Length for RSI and smoothing filters
Candle: Type of candle transformation (Normal, Heikin-Ashi, Linear, Rational Quadratic)
Rational Quadratic: Parameter for the Rational Quadratic smoothing method
📊 Outputs:
Custom candles plotted using RSI-transformed values
Candle colors based on RSI strength:
Cyan for strong bullish RSI movement
Red for strong bearish RSI movement
Horizontal lines at RSI levels 80 and 20 (overbought/oversold)
🧠 Why Use This Indicator?
Unlike traditional RSI indicators that show a line, this tool:
Converts RSI into candle-style visualization
Helps traders visually interpret trend strength, reversals, or continuation patterns
Offers more refined control over RSI behavior and filtering
Provides a unique blend of momentum and candle analysis
❗Important Note:
This script is provided for educational purposes and does not constitute financial advice. Traders and investors should conduct their research and analysis before making any trading decisions.
MAD Trend Detector ~ C H I P AMAD Trend Detector ~ C H I P A is a custom trend detection tool designed to identify meaningful price deviations using Median Absolute Deviation (MAD) logic layered over a smoothed price baseline.
It uses:
A user-selectable source (Close, High, Low, etc.)
A configurable EMA or SMA as the core smoothing layer
Median Absolute Deviation (MAD) to measure typical price dispersion
A user-adjustable MAD multiplier to fine-tune trend sensitivity
Trend bands that expand dynamically based on local volatility
This setup highlights breakout conditions when price detaches meaningfully from its typical behavior — helping traders detect trend acceleration, volatility breakouts, and directional shifts with minimal lag and reduced noise.
Candle coloring responds directly to trend status, with electric blue and red visuals for clear on-chart recognition.
Adaptive Trend Flow Strategy with Filters for SPXThe Adaptive Trend Flow Strategy with Filters for SPX is a complete trading algorithm designed to identify traits and offer actionable alerts for the SPX index. This Pine Script approach leverages superior technical signs and user-described parameters to evolve to marketplace conditions and optimize performance.
Key Features and Functionality
Dynamic Trend Detection: Utilizes a dual EMA-based totally adaptive method for fashion calculation.
The script smooths volatility the usage of an EMA filter and adjusts sensitivity through the sensitivity enter. This allows for real-time adaptability to market fluctuations.
Trend Filters for Precision:
SMA Filter: A Simple Moving Average (SMA) guarantees that trades are achieved best while the rate aligns with the shifting average trend, minimizing false indicators.
MACD Filter: The Moving Average Convergence Divergence (MACD) adds some other layer of confirmation with the aid of requiring alignment among the MACD line and its sign line.
Signal Generation:
Long Signals: Triggered when the fashion transitions from bearish to bullish, with all filters confirming the pass.
Short Signals: Triggered while the trend shifts from bullish to bearish, imparting opportunities for final positions.
User Customization:
Adjustable parameters for EMAs, smoothing duration, and sensitivity make certain the strategy can adapt to numerous buying and selling patterns.
Enable or disable filters (SMA or MACD) based totally on particular market conditions or consumer possibilities.
Leverage and Position Sizing: Incorporates a leverage aspect for dynamic position sizing.
Automatically calculates the exchange length based on account fairness and the leverage element, making sure hazard control is in area.
Visual Enhancements: Plots adaptive fashion ranges (foundation, top, decrease) for actual-time insights into marketplace conditions.
Color-coded bars and heritage to visually represent bullish or bearish developments.
Custom labels indicating crossover and crossunder occasions for clean sign visualization.
Alerts and Automation: Configurable alerts for each lengthy and quick indicators, well matched with automated buying and selling structures like plugpine.Com.
JSON-based alert messages consist of account credentials, motion type, and calculated position length for seamless integration.
Backtesting and Realistic Assumptions: Includes practical slippage, commissions, and preliminary capital settings for backtesting accuracy.
Leverages excessive-frequency trade sampling to make certain strong strategy assessment.
How It Works
Trend Calculation: The method derives a principal trend basis with the aid of combining fast and gradual EMAs. It then uses marketplace volatility to calculate adaptive upper and decrease obstacles, creating a dynamic channel.
Filter Integration: SMA and MACD filters work in tandem with the fashion calculation to ensure that handiest excessive-probability signals are accomplished.
Signal Execution: Signals are generated whilst the charge breaches those dynamic tiers and aligns with the fashion and filters, ensuring sturdy change access situations.
How to Use
Setup: Apply the approach to SPX or other well suited indices.
Adjust person inputs, together with ATR length, EMA smoothing, and sensitivity, to align together with your buying and selling possibilities.
Enable or disable the SMA and MACD filters to test unique setups.
Alerts: Configure signals for computerized notifications or direct buying and selling execution through third-celebration systems.
Use the supplied JSON payload to integrate with broking APIs or automation tools.
Optimization:
Experiment with leverage, filter out settings, and sensitivity to find most effective configurations to your hazard tolerance and marketplace situations.
Considerations and Best Practices
Risk Management: Always backtest the method with realistic parameters, together with conservative leverage and commissions.
Market Suitability: While designed for SPX, this method can adapt to other gadgets by means of adjusting key parameters.
Limitations: The method is trend-following and can underperform in enormously risky or ranging markets. Regularly evaluate and modify parameters primarily based on recent market conduct.
If you have any questions please let me know - I'm here to help!
Trend FinderEnglish
Trend Finder is an indicator designed to identify breakouts and breakdowns based on specified timeframes. It monitors the previous high and low prices and changes the bar color when the current close price surpasses these levels.
Features
Customizable Timeframes: Set your preferred high/low and close resolutions.
Visual Alerts: Bars turn lime green on breakout above the previous high and red on breakdown below the previous low.
Alert Conditions: Receive notifications when significant price movements occur.
日本語
Trend Finderは、指定した時間枠に基づいてブレイクアウトとブレイクダウンを識別するためのインジケーターです。前日の高値と安値を監視し、現在の終値がこれらのレベルを超えたときにバーの色を変更します。
特徴
カスタマイズ可能な時間枠 高値/安値と終値の解像度を設定可能。
視覚的アラート 前日の高値を超えるとバーがライムグリーンに、安値を下回ると赤に変化。
アラート条件 重要な価格変動時に通知を受け取れます。
Chart Example
Disclaimer
This indicator is for educational purposes only and should not be considered as financial advice. Always perform your own analysis before making trading decisions.
Trend Continuation RatioThis TradingView indicator calculates the likelihood of consecutive bullish or bearish days over a specified period, giving insights into day-to-day continuation patterns within the market.
How It Works
Period Length Input:
The user sets the period length (e.g., 20 days) to analyze.
After each period, the counts reset, allowing fresh data for each new interval.
Bullish and Bearish Day Definitions:
A day is considered bullish if the closing price is higher than the opening price.
A day is considered bearish if the closing price is lower than the opening price.
Count Tracking:
Within each specified period, the indicator tracks:
Total Bullish Days: The number of days where the close is greater than the open.
Total Bearish Days: The number of days where the close is less than the open.
Bullish to Bullish Continuations: Counts each instance where a bullish day is followed by another bullish day.
Bearish to Bearish Continuations: Counts each instance where a bearish day is followed by another bearish day.
Calculating Continuation Ratios:
The Bullish Continuation Ratio is calculated as the percentage of bullish days that were followed by another bullish day:
Bullish Continuation Ratio = (Bullish to Bullish Continuations /Total Bullish Days)×100
Bullish Continuation Ratio=( Total Bullish Days/Bullish to Bullish Continuations )×100
The Bearish Continuation Ratio is the percentage of bearish days followed by another bearish day:
Bearish Continuation Ratio = (Bearish to Bearish Continuations/Total Bearish Days)×100
Bearish Continuation Ratio=( Total Bearish Days/Bearish to Bearish Continuations )×100
Display on Chart:
The indicator displays a table in the top-right corner of the chart with:
Bullish Continuation Ratio (%): Percentage of bullish days that led to another bullish day within the period.
Bearish Continuation Ratio (%): Percentage of bearish days that led to another bearish day within the period.
Usage Insights
High Ratios: If the bullish or bearish continuation ratio is high, it suggests a trend where bullish/bearish days often lead to similar days, indicating possible momentum.
Low Ratios: Low continuation ratios indicate frequent reversals, which could suggest a range-bound or volatile market.
This indicator is helpful for assessing short-term trend continuation tendencies, allowing traders to gauge whether they are more likely to see follow-through on bullish or bearish days within a chosen timeframe.
