Inizia

Technical

AG Pro HTF Bias Dashboard [AGPro Series]AG Pro HTF Bias Dashboard Overview / What it does AG Pro HTF Bias Dashboard is a higher-timeframe context tool built for traders who want a fast, structured view of directional conditions across multiple larger timeframes without crowding the chart with extra signals, zones, or decision noise. The script summarizes higher-timeframe bias in a compact dashboard and presents each selected row as Bull, Bear, or Neutral, together with a mode-specific status readout. The goal is not to predict the next candle or replace a full trade plan. The goal is to make larger-timeframe context easier to read at a glance. This indicator is designed to answer a simple but important workflow question: "What is the broader directional environment across the higher timeframes I care about right now?" Instead of forcing the user to manually flip through multiple charts and compare structure or trend conditions one by one, the dashboard keeps that information visible in a single panel. The script supports multiple bias engines so the same dashboard can be adapted to different styles of chart reading. Users can evaluate higher-timeframe context through EMA Stack alignment, confirmed Swing Structure, SuperTrend direction, or MACD Momentum agreement. This makes the tool flexible enough for trend-following traders, structure-based traders, and users who prefer momentum-style confirmation. Unlike many overlays that try to combine entries, exits, alerts, pattern detection, and signal generation inside one study, this script stays focused on one task: higher-timeframe directional context. That single-purpose design is intentional. It keeps the output clean, readable, and easier to integrate into an existing process. Unique Edge The main strength of this script is not signal generation. Its edge is structured context compression. Instead of plotting a large number of higher-timeframe elements directly on the chart, AG Pro HTF Bias Dashboard converts higher-timeframe conditions into a compact visual matrix. This makes it possible to assess multi-timeframe agreement quickly while keeping the chart itself relatively clean. A second differentiator is the ability to switch the bias engine. The dashboard is not locked to one interpretation framework. Users can work with: - EMA Stack, for ribbon-style alignment - Swing Structure, for confirmed HH/HL and LH/LL progression - SuperTrend, for ATR-based directional trend state - MACD Momentum, for momentum agreement between line, signal, and histogram Another important detail is the higher-timeframe validity filter. Rows that are not actually higher than the current chart timeframe are marked as Lower/EQ instead of being treated as valid higher-timeframe context. This helps keep the dashboard aligned with its intended purpose. The script also includes confluence logic, so the user can see not only the state of each row, but also the dominant higher-timeframe bias and how many valid rows support that direction. In practice, this helps users distinguish between broad directional agreement and mixed conditions. Methodology The dashboard can display three to five higher-timeframe rows, depending on user settings. Each row evaluates one selected timeframe and classifies it into Bull, Bear, or Neutral. Bias Mode options: 1) EMA Stack This mode evaluates directional alignment using a three-EMA structure. A bullish state requires price and the EMA ribbon to be aligned in bullish order. A bearish state requires the opposite alignment. When the full sequence is not aligned, the row can remain neutral and display a partial status such as 2/3 or 1/3 rather than forcing a directional label. 2) Swing Structure This mode uses confirmed pivot logic to read higher-timeframe structure. It looks for confirmed higher highs / higher lows or lower highs / lower lows, and then evaluates position relative to the active swing range. Because this logic depends on confirmed pivots, structure changes are naturally more selective and may appear later than faster trend models. 3) SuperTrend This mode reads directional state using an ATR-based trend framework. It is intended for users who prefer a cleaner directional state model rather than ribbon alignment. 4) MACD Momentum This mode classifies bias through agreement between the MACD line, signal line, and histogram. It is useful for traders who prefer momentum confirmation over structure or moving-average ordering. The dashboard then calculates: - the number of valid bullish rows - the number of valid bearish rows - the dominant higher-timeframe state - the confluence count across valid rows Optional chart context features are also included. Depending on settings, the script can color candles according to the active chart bias, plot the active EMA ribbon or SuperTrend on the chart, apply a subtle background tint when confluence is strong enough, and show a compact mini context tag on the chart. States / Context Output This indicator is a context dashboard, not an alert engine. It does not generate buy or sell alerts, does not mark trade entries, and does not claim to identify optimal execution points. Its outputs are state-based and contextual: - Bull - Bear - Neutral - Confluence summary - Mode-specific status text The mini chart tag, when enabled, is only a compact summary of dominant higher-timeframe direction and current confluence. It should be read as context, not as a trade instruction. Key Inputs Higher Timeframes Users can select three to five rows and define the exact higher timeframes to monitor. Bias Mode Choose between EMA Stack, Swing Structure, SuperTrend, and MACD Momentum. Engine Parameters The script exposes relevant inputs for each engine, including EMA lengths, Swing Strength, SuperTrend ATR settings, and MACD settings. HUD Controls The panel position and panel scale can be customized so the dashboard can fit different layouts and chart styles. Style Controls Users can adjust theme and directional colors for bullish, bearish, and neutral states. Chart Context Controls Optional features include candle coloring, active indicator plotting for EMA / SuperTrend, strong-confluence background tinting, mini context tag visibility, tag anchor, tag offset, and tag font size. Limitations & Transparency This script is not a prediction model. It summarizes directional context from user-selected higher-timeframe logic. Higher-timeframe tools can update only when data from those larger intervals updates. Because of that, the dashboard should be understood as a context layer rather than a real-time trigger engine. Swing Structure mode uses confirmed pivots. That means structure changes may appear later than faster directional methods, because confirmation requires completed pivot information. Neutral states do not necessarily mean the market is untradeable. They simply indicate that the selected bias engine does not currently show clear directional alignment under the chosen rules. The confluence count is a summary statistic, not a quality score. A larger number of aligned rows does not automatically mean a better trade. It only means more selected higher-timeframe rows currently point in the same direction. Rows marked Lower/EQ are excluded from valid higher-timeframe confluence because they are not above the active chart timeframe. This script is intended to support discretionary analysis and chart organization. It should be combined with the user’s own execution framework, risk model, and market understanding. Risk Disclosure This indicator is provided for analysis and educational use. It does not provide financial advice, investment advice, or guaranteed outcomes. Market conditions can change quickly, and no single indicator or dashboard can remove uncertainty from trading or investing. Users should evaluate higher-timeframe context together with price action, liquidity, volatility, risk management, and their own decision process. Past behavior, historical alignment, or current confluence does not guarantee future performance.
Indicatore Pine Script®
di AGProLabs
2
Price Memory Heatmap [BullByte]Price Memory Heatmap - Dynamic Support & Resistance Through Market Memory Price Memory Heatmap visualizes where markets remember. It identifies price levels where repeated reactions have occurred, measures their intensity through a proprietary heat system, and displays them as dynamic zones that strengthen with each new reaction and naturally fade when the market moves on. This is not a combination of existing indicators. It is a unified analytical framework built around one original concept: price levels accumulate heat from confirmed reactions and lose heat through exponential decay when untouched. The result is a self-organizing, self-cleaning map of historically significant price zones that evolves with every bar. --- WHAT THIS INDICATOR DOES Price Memory Heatmap tracks price levels where significant market reactions have occurred. Each level is treated as a living entity with memory: → Gains heat when price reacts at it (confirmed pivots and wick rejections) → Loses heat over time when untouched (exponential decay) → Displays visual intensity proportional to accumulated reaction history → Gets removed automatically when its heat falls below a minimum threshold → Classifies real-time price behavior at each zone (Rejection, Sweep, Break, Retest, Absorption) The indicator tracks up to 20 memory levels simultaneously and displays only the most significant ones based on heat intensity and reaction count. Zones are color-coded from cool (low activity) to hot (high activity), giving instant visual hierarchy of level importance. Key outputs: → Heat-mapped zones showing historical reaction intensity → Classification labels (Developing, Active, Strong, Dominant) → Hit count showing total confirmed reactions at each level → Relative volume multiplier showing conviction behind reactions → Level age tracking (Fresh, Seasoned, Veteran) → Real-time behavior detection integrated into zone labels → Summary dashboard ranking all active levels by heat --- WHY THIS INDICATOR EXISTS Traditional support and resistance tools draw static lines. They cannot tell you whether a level was tested once or ten times, whether reactions were backed by strong volume or weak, whether the level was formed yesterday or months ago, or how price is currently interacting with that level. Price Memory Heatmap addresses each of these gaps through a single cohesive system: PROBLEM: "Is this level significant?" → SOLUTION: Heat intensity and classification tier tell you immediately. A Dominant zone with 8 hits is far more significant than a Developing zone with 2 hits. PROBLEM: "Was there conviction behind reactions at this level?" → SOLUTION: Relative volume multiplier shows whether reactions attracted above-average volume (e.g., 2.3x means 2.3 times the average bar volume). PROBLEM: "Is this level still relevant?" → SOLUTION: Exponential decay naturally fades untouched levels. If the market has forgotten a level, the indicator forgets it too. PROBLEM: "How is price interacting with this level right now?" → SOLUTION: Real-time behavior detection classifies the current interaction as Rejection, Sweep, Break, Retest, or Absorption. PROBLEM: "How old is this level?" → SOLUTION: Age tracking categorizes each level as Fresh (recently formed), Seasoned (survived multiple decay cycles), or Veteran (persistent structural significance). --- HOW PRICE MEMORY WORKS The lifecycle of a memory level: BIRTH - A confirmed pivot swing (high or low) creates a new memory level, or merges into a nearby existing level if one exists within the merge distance. REINFORCEMENT - Each subsequent reaction at the level adds heat. Reactions with above-average volume add proportionally more heat. The level's price adjusts as a weighted average of all reactions. DECAY - Every bar without a reaction, the level's heat is multiplied by the decay rate (default 0.992). This creates a natural half-life where untouched levels gradually lose prominence. DEATH - When heat falls below the death threshold (default 0.08), the level is permanently removed. This keeps the chart clean and focused on relevant levels. The heat value drives everything: → Zone color intensity (hotter = more prominent visual) → Classification tier (Dominant, Strong, Active, Developing) → Dashboard ranking (sorted by heat, hottest first) → Glow effect intensity (stronger glow on high-heat zones near price) Additionally, wick rejections are detected as secondary reaction sources. When a candle wicks into an existing level and rejects (closes away), it adds heat at half the rate of a confirmed pivot, preventing over-weighting of intrabar noise while still capturing meaningful reactions. --- WHY THIS IS NOT A MASHUP This indicator uses pivot detection, ATR, and volume data internally, but it does not combine or display existing indicators. The distinction is fundamental: A mashup displays independent indicators together on one chart. This indicator uses standard calculations as INPUT MECHANISMS feeding a completely original processing engine whose output cannot be replicated by any combination of existing tools. → Pivots = Detection mechanism only (identifies where reactions occur) → ATR = Scaling parameter only (normalizes distances across any asset) → Volume = Weighting modifier only (amplifies high-conviction reactions) → Heat Accumulation + Decay = ORIGINAL (no existing indicator does this) → Dynamic Level Lifecycle = ORIGINAL (birth, reinforce, decay, death) → Behavior Detection at Levels = ORIGINAL (classifies interaction patterns) No component is displayed independently. Everything feeds the central price memory concept. --- HOW TO READ THE ZONES ZONE COLORS (Dark Theme - default): → Purple/Blue tones = Low heat, Developing level (fewer reactions) → Red tones = Medium heat, Active or Strong level → Orange/Yellow/Gold tones = High heat, Dominant level (many confirmed reactions) ZONE COLORS (Light Theme): → Gray/Steel tones = Low heat → Red/Dark Red tones = Medium to high heat ZONE COLORS (Classic S/R Theme): → Green = Level currently acting as support (price above the zone) → Red = Level currently acting as resistance (price below the zone) ZONE THICKNESS: Zones expand slightly as heat increases and pulse larger when price approaches (proximity effect). The glow effect adds a soft outer halo that intensifies on high-heat levels near current price, providing immediate visual emphasis on the most important nearby zones. ZONE LIFESPAN: Each zone extends from its birth bar to a configurable number of bars into the future (default 15). This visual extension is purely for display - it helps identify where zones project ahead of price. Older zones with maintained heat indicate structural levels where the market has shown persistent memory. --- HOW TO READ THE LABELS Each visible zone displays a label with key information. The label format depends on the selected Label Mode. When behavior is detected, it is appended to the end of the label. MINIMAL MODE EXAMPLE: "STR 5 2.3x SEA REJ↑" → STR = Classification (Strong) → 5 = Hit count (5 confirmed reactions) → 2.3x = Relative volume (2.3 times average per reaction) → SEA = Age (Seasoned - 50 to 200 bars old) → REJ↑ = Current behavior (Bullish Rejection detected) STANDARD MODE EXAMPLE: "Strong | 5 hits | 2.3x | SEA | Rejection ↑" → Full classification name → Hit count with label → Relative volume multiplier → Age abbreviation → Full behavior name with direction DETAILED MODE EXAMPLE: "Strong | Resistance | 5 | 2.3x | 1.2345 | Seasoned | Sweep ↓" → Classification → Current support/resistance status → Hit count → Relative volume → Exact price → Full age name → Full behavior name LARGE MODE: Same information as Standard but rendered in larger text for visibility. When no behavior is currently detected, the behavior portion is simply omitted from the label. CLASSIFICATION TIERS: → Developing = Heat below 40% of max OR fewer than 3 hits → Active = Heat above 40% AND 3 or more hits → Strong = Heat above 60% AND 4 or more hits → Dominant = Heat above 80% AND 5 or more hits AGE CATEGORIES: → Fresh (NEW) = Less than 50 bars since first detection → Seasoned (SEA) = Between 50 and 200 bars old → Veteran (VET) = More than 200 bars old A Veteran level with high heat indicates deep structural significance - a price where the market has reacted repeatedly over an extended period and continues to hold relevance. RELATIVE VOLUME EXPLAINED: The volume shown is NOT raw volume. It is a normalized multiplier showing how much volume reactions attracted compared to the average bar: → 1.0x = Average volume at reactions → 2.0x or higher = Above-average conviction behind reactions → Below 0.5x = Below-average conviction → "-" = Volume data unavailable for this asset Volume is calculated using attributed notional value: only the fraction of bar volume proportional to the zone width is counted, preventing large-range bars from inflating readings. --- HOW TO READ THE DASHBOARD The dashboard provides a ranked summary of all active memory levels. It appears as a table overlay on the chart (position configurable). COLUMN-BY-COLUMN: # → Rank by heat intensity. An asterisk (*) marks the highest-heat level. Numbers rank the rest. PRICE → The exact price of the memory level, formatted to the asset's tick precision. This is the weighted-average price across all reactions at this level. CLASS → Classification tier (Developing, Active, Strong, Dominant). In Classic S/R theme, a suffix "S" (Support) or "R" (Resistance) is appended based on whether price is above or below the level. HEAT → Visual heat bar using 8 segments. → "||||||||" = Maximum heat (hottest level) → "||||...." = Moderate heat → "|......." = Low heat (may decay out soon) HITS → Total number of confirmed reactions at this level. This includes both pivot-confirmed reactions and qualified wick rejections. RVOL → Relative volume multiplier averaged across all reactions at this level. Higher values indicate stronger volume conviction behind the reactions that built this level. STATUS → A dynamic field showing one of three things: → Behavior pattern name if currently detected (e.g., "REJ↑", "SWP↓", "BRK↑") → "At level" if price is within 0.15% of the zone (highlighted in green) → Distance as percentage if price is away (e.g., "1.25% above") AGE → How long the level has existed (NEW, SEA, VET). FOOTER → Shows total memory levels being tracked, how many are currently visible, and the current decay rate setting. --- BEHAVIOR DETECTION When price approaches a memory zone, the indicator analyzes real-time price action to classify how the market is interacting with that level. The detected behavior is displayed as part of the zone label and in the dashboard STATUS column. Behaviors are checked in priority order. Only the highest-priority match is displayed. BREAK (Highest Priority): → Price opens on one side of the zone and closes decisively on the other → Requires strong body (more than 50% of candle range) → Close direction must match candle direction (bullish close for Break ↑) → Indicates the level has failed and may flip from support to resistance or vice versa → Once a Break is detected, the level is marked internally so future Retest detection becomes possible SWEEP: → Price extends significantly beyond the zone (1.5x zone height past the edge) then reverses → The extended wick must be larger than the body and more than 35% of total range → Close must be back near or inside the zone → This pattern often represents a liquidity grab - price pushes through to trigger stops then reverses REJECTION: → A prominent wick touches or enters the zone, and the body closes away → Wick must exceed 45% of the candle's total range → Body must have meaningful size (more than 25% of range) confirming conviction → Indicates the level is actively defending - buyers or sellers are stepping in RETEST: → Price returns to a level that was previously broken → Requires all lookback bars to have been on one side (away from zone) → Current bar must touch the zone → This is the classic "support becomes resistance" or "resistance becomes support" confirmation ABSORPTION (Lowest Priority): → Multiple consecutive bars with bodies inside the zone → Average body size is small relative to average range (less than 45%) → Indicates accumulation or distribution is occurring within the zone → Often precedes significant directional moves Behaviors persist in the label until a new behavior is detected. When price moves away from the zone, the last detected behavior remains visible, giving context about the most recent significant interaction. --- RECOMMENDED TIMEFRAMES AND SETTINGS SCALPING (1-minute to 15-minute charts): → Pivot Sensitivity: 2 to 4 → Decay Rate: 0.980 to 0.985 (faster fade for fast markets) → Min Hits: 2 → Focus on Fresh and Seasoned levels DAY TRADING (15-minute to 1-hour charts): → Pivot Sensitivity: 5 to 8 → Decay Rate: 0.990 to 0.992 (default range) → Min Hits: 2 to 3 → Balanced mix of age categories SWING TRADING (4-hour to daily charts): → Pivot Sensitivity: 10 to 15 → Decay Rate: 0.994 to 0.996 (slower fade) → Min Hits: 3 → Focus on Seasoned and Veteran levels POSITION TRADING (daily to weekly charts): → Pivot Sensitivity: 15 to 25 → Decay Rate: 0.997 to 0.999 (very slow fade) → Min Hits: 3 to 4 → Focus on Veteran levels with high heat GENERAL TIPS: → Higher timeframes benefit from increased Pivot Sensitivity → Volatile assets benefit from increased Merge Distance → For cleaner charts, increase Min Hits to Display → For more context, increase Max Memory Slots and Show Top N Levels --- PRACTICAL EXAMPLES EXAMPLE 1 - IDENTIFYING HIGH-PROBABILITY REACTION ZONES: A Dominant-classified zone (gold/yellow) showing 7 or more hits with Veteran age tells you this is a deeply embedded structural level. The market has reacted here many times over hundreds of bars and the level continues to maintain high heat. When price approaches this zone, the probability of a meaningful reaction is elevated compared to a Developing zone with 2 hits. EXAMPLE 2 - CONFIRMING A BREAKOUT: Price approaches a Strong resistance zone. The label updates to show "Break ↑" as price closes decisively above. The dashboard STATUS column changes from "0.5% below" to "BRK↑". If price later returns to this zone and the label shows "Retest ↑", this confirms the classic resistance-to-support flip pattern. The zone's wasBroken flag ensures Retest detection only activates after a confirmed Break. EXAMPLE 3 - SPOTTING LIQUIDITY SWEEPS: A high-heat zone sits above price. Price spikes through the zone with a long upper wick but closes back inside or below. The label displays "Sweep ↓" indicating a potential stop-hunt pattern. The wick exceeded 1.5 times the zone height beyond its edge and the upper wick dominated the candle's body - both requirements for Sweep classification. EXAMPLE 4 - READING VOLUME CONVICTION: Two zones appear near current price. Zone A shows "2.8x" relative volume while Zone B shows "0.6x". The reactions that built Zone A attracted nearly 3 times the average bar volume, suggesting strong institutional interest. Zone B's reactions occurred on below-average volume, suggesting less conviction. This context helps prioritize which zone is more likely to produce a meaningful reaction. EXAMPLE 5 - USING LEVEL AGE FOR CONTEXT: A Veteran level (more than 200 bars old) that still maintains high heat has survived hundreds of decay cycles. Each cycle multiplies its heat by 0.992 (default). After 200 bars of decay without any new reactions, heat would fall to roughly 20% of its peak. For a Veteran level to remain Dominant, it must have received consistent reinforcement over time - indicating genuine structural significance rather than a one-time event. --- Chart Example 1. Price on the S&P 500 E-mini Futures 15-minute chart is consolidating within a tight range between two heavily-tested Veteran zones, with the gold Dominant level acting as a persistent floor and an orange 22-hit Veteran zone overhead cycling through live behaviors as price repeatedly tests it from below. A structured ladder of purple Developing and red Active zones extends well below current price, with a Retest ↓ pattern visible at a mid-range level indicating a previously broken area is now being revisited from above. The dashboard confirms 17 memory levels tracked with 8 visible, the top-ranked Dominant zone holding a full heat bar and Break ↑ in its STATUS column throughout the session. 2. Price on the Nifty 50 Index 5-minute chart surged strongly through a cluster of high-heat gold zones during the session, reaching a peak at a thin Developing resistance level before pulling back sharply into a contested area between a Dominant zone and a Strong zone sitting just below it. The upper region shows two gold/yellow zones in close proximity - a Dominant and a Strong, both with Sweep behaviors active in their labels, indicating a liquidity grab above followed by a sharp reversal back into the zone cluster. The dashboard shows two Dominant-classified levels in the top two ranks, with a rich mix of Veteran and Seasoned ages confirming this price area carries deep structural memory. --- SETTINGS REFERENCE CORE SETTINGS: → Pivot Sensitivity - Bars on each side to confirm a swing. Lower = more sensitive, more levels. → Merge Distance - How close two reactions must be (in ATR multiples) to merge into one level. → ATR Period - Period for volatility normalization (default 14). MEMORY SETTINGS: → Decay Rate - Per-bar multiplier for heat decay. 0.992 = balanced default. → Heat Per Reaction - Base heat added per confirmed reaction. Modified by volume weighting. → Death Threshold - Minimum heat to survive. Below this, the level is removed. → Max Memory Slots - Maximum simultaneous levels tracked (default 20). → Min Hits to Display - Reactions required before a zone becomes visible (default 2). → Show Top N Levels - Maximum zones rendered on chart (default 8). DETECTION SETTINGS: → Wick Rejections - Enable wick-based reaction detection (adds heat at half rate of pivots). → Min Wick Ratio - Required wick percentage for wick reactions (default 55%). → Volume-Weighted Heat - Weight reactions by relative volume. → Behavior Detection - Enable real-time pattern classification at zones. → Behavior Lookback - Bars analyzed for behavior patterns (default 3). APPEARANCE SETTINGS: → Color Theme - Dark (purple to gold gradient), Light (gray to red), Classic S/R (green/red). → Zone Thickness - Visual height of zones as ATR fraction. → Glow Effect - Soft outer halo that intensifies near price. → Proximity Radius - Distance at which proximity effects activate. LABEL SETTINGS: → Show Zone Labels - Toggle zone information labels. → Label Mode - Information density (Minimal, Standard, Detailed, Large). → Show Hit Count - Include reaction count in labels. → Show Relative Volume - Include volume multiplier in labels. → Reaction Dots - Show dots at exact reaction prices (off by default for chart clarity). DASHBOARD SETTINGS: → Show Dashboard - Toggle the summary table. → Position - Screen position (8 options). → Text Size - Font size (Tiny, Small, Normal). → Rows - Number of levels shown in dashboard (default 5). --- ALERTS Three alert conditions are available: "Price entered hot zone" - Triggers when price enters a high-heat zone with 3 or more hits and heat above 50% of maximum. Useful for monitoring approaches to significant levels. "New behavior detected" - Triggers when a new behavior pattern (Rejection, Sweep, Break, Retest, Absorption) is classified at any visible level. Useful for real-time event notification. "New reaction" - Triggers when a new pivot is confirmed. Useful for tracking all reaction events across all levels. All alerts describe observed events. They do not predict future price movement or generate buy/sell signals. --- IMPORTANT NOTES RETROACTIVE ANCHORING: Pivot-based levels are confirmed after the Pivot Sensitivity number of bars have passed. The level is drawn at the true swing bar but only becomes known after confirmation. This is standard pivot behavior used across all pivot-based indicators and does not constitute future data usage. VOLUME DATA AVAILABILITY: Some assets, particularly certain forex pairs, may not report volume data. When volume is unavailable, relative volume displays show "-" and volume weighting is automatically disabled. The indicator functions fully without volume data. EARLY CHART BEHAVIOR: Zones and behavior labels may be sparse early in chart history. The indicator needs sufficient bars to detect pivots, accumulate heat, and meet the minimum hit count. Allow at least 100 bars for the system to populate meaningfully. PERFORMANCE: Reaction dots (when enabled) are only rendered within the most recent 500 bars to maintain chart performance. All memory calculations remain unaffected regardless of dot visibility. --- DISCLAIMER This indicator is provided for educational and analytical purposes only. It visualizes historical price reaction zones and does not predict future price movement, generate buy/sell signals, or constitute financial advice. Past reactions at specific price levels do not guarantee future behavior. Market conditions change and levels that held previously may fail in the future. Always conduct your own analysis, use proper risk management, and never risk more than you can afford to lose. The author assumes no liability for any trading decisions made using this tool. Trading involves significant risk of loss. Use this indicator as one component of a comprehensive trading approach, not as a standalone decision-making system. --- BullByte
Indicatore Pine Script®
di BullByte
2
AG Pro Level Survival Map [AGPro Series]AG Pro Level Survival Map OVERVIEW AG Pro Level Survival Map is a visual framework for evaluating how support and resistance levels behave after repeated interactions. Instead of trying to predict reversals, this script focuses on level durability. It tracks whether a level continues to hold, becomes fragile, or starts to erode as price tests it over time. WHAT IT DOES The script builds candidate levels from pivot structure and then monitors how price behaves around those levels. Each active level is scored using repeated-test behavior, close respect, penetration damage, and reaction quality inside an ATR-based interaction zone. The result is a Survival score that helps users compare nearby levels in a more structured way. UNIQUE EDGE This script is designed to answer a specific question: how well is an existing level still holding after multiple interactions? It does not try to be a full decision engine, a market regime model, or a buy/sell system. Its purpose is narrower and more transparent: to visualize the durability of support and resistance levels using behavior-based scoring. METHODOLOGY - Candidate levels are derived from pivot highs and pivot lows. - Each level is monitored inside an ATR-based interaction zone. - The default Survival score combines four components: Close Respect Penetration Damage Reaction Quality Test Fatigue - If price closes beyond a level repeatedly, the script can confirm a role flip and reclassify the level. - Labels display the score of the level, not the number of tests. HOW TO READ IT - Higher Survival scores suggest that a level has shown stronger durability based on recent interactions. - Lower scores suggest that a level has been weakened by repeated tests, deeper penetration, or less stable close behavior. - The panel displays the current focus level, its score, its test count, and a simple damage state. - Label values represent the level score, not test frequency. SIGNALS AND ALERTS This version is a visual analysis tool. It is not designed as a standalone entry engine, exit engine, or probability model. No alert conditions are included in this version. KEY INPUTS - Pivot Left Bars / Pivot Right Bars - Max Active Levels - Level Merge Distance (ATR) - Interaction Zone (ATR) - Score Weights - Flip Confirm Closes - Panel Position / Panel Theme - Label Size / Base Line Width LIMITATIONS AND TRANSPARENCY The Survival score is a behavior-based durability estimate, not a validated probability forecast. It is intended to help users compare levels visually and structurally, not to guarantee reversals or future performance. Like any chart tool, its output depends on market conditions, volatility, and the selected settings. This script should be used as contextual analysis, not as a complete trading plan on its own. RISK DISCLOSURE This script is for chart analysis and educational use only. It does not provide financial advice, investment advice, or guaranteed outcomes. Users should apply their own risk management and independent judgment before making trading decisions.
Indicatore Pine Script®
di AGProLabs
1
Visual Trading ZonesVisual Trading Zones is a chart-based indicator designed to display clear and structured price zones using evenly spaced levels. The indicator automatically builds horizontal zones across the visible price range and helps traders visually identify potential areas of interest such as support, resistance, and reaction zones. Key Features Displays horizontal price zones with a fixed step Optional main levels and sub-levels inside each zone Clean and minimal visual presentation Works on any market and timeframe Fully customizable colors, line styles, and zone transparency No signals, no alerts — purely visual analysis tool How It Works Price zones are constructed using a user-defined step size. Each zone is visually highlighted, allowing traders to quickly see how price interacts with these areas over time. The indicator does not repaint and does not generate trading signals. It is intended to be used as a visual framework alongside any trading strategy. Recommended Use Identifying potential support and resistance zones Market structure and range analysis Confluence with price action, indicators, or volume tools ⚙️ Settings Overview Step — distance between price zones Step Unit — ticks or pips (for FX instruments) SubLevels — number of internal levels within each zone Show Zones / Lines / Prices — visual display options Range Bars — number of bars used to build zones Style Settings — colors, line styles, transparency
Indicatore Pine Script®
di Benepamm
RSI [Hash Capital Research]RSI is a visually enhanced momentum indicator built on the classic Relative Strength Index. This version expands RSI into a more flexible analytical tool through smoothing options, adaptive zone-based coloring, optional signal line overlays, and divergence detection. It is designed as a context-building indicator, not a standalone entry system. What This Indicator Does This script calculates a smoothed RSI using user-defined parameters and then provides multiple optional enhancements: 1. Adaptive RSI Visualization The core RSI is plotted with: Zone-based color changes (neutral, oversold, overbought) Optional glow effects to emphasize extreme conditions User-defined color intensity and midline visibility The goal is to provide clearer visual segmentation of trend strength and momentum behavior. 2. Custom Smoothing & Signal Line Options The indicator allows: Multi-layer smoothing for RSI stability An optional signal line using the trader’s preferred moving-average method (SMA, EMA, SMMA/RMA, WMA, VWMA) This helps operators examine whether momentum is accelerating or stabilizing relative to its mean. 3. Overbought/Oversold Tools User-defined thresholds determine: Highlighted zones Optional markers for extreme reversals (based on RSI + momentum + velocity criteria) Midline (50) cross highlights for trend-bias transitions These features help contextualize where the RSI sits relative to broader momentum regimes. 4. Divergence Detection (Optional) When enabled, the script scans for regular bullish and bearish divergences using pivot-based structure. It compares: Price making lower lows vs RSI making higher lows (bullish) Price making higher highs vs RSI making lower highs (bearish) Detected divergences are plotted on the RSI panel with visual labels. This detection uses pivot lookbacks and range limits defined by the user. 5. Alerts The indicator provides optional alerts for: Extreme reversals Overbought/oversold momentum shifts Midline (50) crossovers Bullish / bearish divergences Alerts are intended for monitoring, not for automated execution. How to Use It This RSI modification is intended to support broader analysis workflows, including: Identifying regime shifts using midline crosses Monitoring momentum structure across trend phases Highlighting oversold or overbought clustering Adding a visual signal line to interpret momentum smoothing Spotting divergence between price and RSI As with all indicators, this tool should be used as one component of a complete analysis framework. What Makes This Version Distinct This script maintains the core behavior of RSI but introduces: A multi-layer smoothing system Adaptive colors calibrated to oversold/neutral/overbought zones Optional glow visualizations A modular signal-line engine with multiple MA types Configurable divergence detection with visual labels Multiple marker placement modes for extreme conditions These features expand RSI’s readability while keeping its underlying logic transparent and consistent with common operator workflows. Important Notes This is an indicator, not a strategy. It does not execute trades or calculate performance metrics. The visual enhancements are designed to improve clarity, not to generate automated “buy” or “sell” systems. Divergence detection is optional because divergence is inherently contextual and may not apply equally across all markets or timeframes.
Indicatore Pine Script®
di Hash_Capital
2
Zenith MACD Evolution [JOAT] Zenith MACD Evolution - Volatility-Normalized Momentum Oscillator Introduction and Purpose Zenith MACD Evolution is an open-source oscillator indicator that takes the classic MACD and normalizes it by ATR (Average True Range) to create consistent overbought/oversold levels across different market conditions. The core problem this indicator solves is that traditional MACD values are incomparable across different volatility regimes. A MACD reading of 50 might be extreme in a quiet market but normal in a volatile one. This indicator addresses that by dividing MACD by ATR and scaling to a consistent range, allowing traders to use fixed overbought/oversold levels that work across all market conditions. Why ATR Normalization Works Traditional MACD problems: - Values vary wildly based on price and volatility - No consistent overbought/oversold levels - Hard to compare across different instruments - Extreme readings in one period may be normal in another ATR-normalized MACD (Zenith) solves these: - Values scaled to consistent range - Fixed overbought/oversold levels work across all conditions - Comparable across different instruments - Extreme readings are truly extreme regardless of volatility How the Normalization Works // Classic MACD = ta.macd(close, fastLength, slowLength, signalLength) // ATR for normalization float atrValue = ta.atr(atrNormLength) // Volatility-Normalized MACD float zenithMACD = atrValue != 0 ? (histLine / atrValue) * 100 : 0 float zenithSignal = ta.ema(zenithMACD, signalLength) The result is a MACD that typically ranges from -200 to +200, with consistent levels: - Above +150 = Overbought - Below -150 = Oversold - Above +200 = Extreme overbought - Below -200 = Extreme oversold Signal Types Zero Cross Up/Down - Zenith crosses zero line (trend change) Overbought/Oversold Entry - Zenith enters extreme zones Overbought/Oversold Exit - Zenith leaves extreme zones (potential reversal) Momentum Shift - Histogram direction changes (early warning) Divergence - Price makes new high/low but Zenith does not Histogram Coloring The histogram uses four colors to show momentum state: - Strong Bull (Teal) - Positive and rising - Weak Bull (Light Teal) - Positive but falling - Strong Bear (Red) - Negative and falling - Weak Bear (Light Red) - Negative but rising This helps identify momentum shifts before crossovers occur. Dashboard Information Zenith - Current normalized MACD value with signal line Zone - Current zone (EXTREME OB/OVERBOUGHT/NORMAL/OVERSOLD/EXTREME OS) Momentum - Direction (RISING/FALLING/FLAT) Histogram - Current histogram value ATR Norm - Current ATR value used for normalization Classic - Traditional MACD value for reference How to Use This Indicator For Mean-Reversion: 1. Wait for Zenith to reach extreme zones (+200/-200) 2. Look for momentum shift (histogram color change) 3. Enter counter-trend when exiting extreme zone For Trend Following: 1. Enter long on zero cross up 2. Enter short on zero cross down 3. Use histogram color to gauge momentum strength For Divergence Trading: 1. Watch for DIV labels (price vs Zenith divergence) 2. Bullish divergence at support = potential long 3. Bearish divergence at resistance = potential short Input Parameters Fast/Slow/Signal Length (12/26/9) - Standard MACD parameters ATR Normalization Period (26) - Period for ATR calculation Overbought/Oversold Zone (150/-150) - Zone thresholds Extreme Level (200) - Extreme threshold Show Classic MACD Lines (false) - Toggle traditional lines Show Divergence Detection (true) - Toggle divergence signals Divergence Lookback (14) - Bars to scan for divergence Timeframe Recommendations All timeframes work due to normalization Higher timeframes provide smoother signals Normalization makes cross-timeframe comparison meaningful Limitations ATR normalization adds slight lag Divergence detection is simplified Extreme zones can persist in strong trends Works best when combined with price action analysis Open-Source and Disclaimer This script is published as open-source under the Mozilla Public License 2.0 for educational purposes. This indicator does not constitute financial advice. Momentum analysis does not guarantee profitable trades. Always use proper risk management. - Made with passion by officialjackofalltrades
Indicatore Pine Script®
di officialjackofalltrades
Candle close on high time frameOVERVIEW This indicator plots persistent closing levels of higher time frame candles (H1, H4, and Daily) on the active intraday chart in real time. Unlike similar tools, it offers granular control over line projection length, fully independent toggles per timeframe, and a built-in mechanism that automatically limits the total number of historical levels to avoid chart clutter and performance issues. CONCEPTS Key levels from higher time frames often act as areas where price reacts or consolidates. By projecting each candle's exact closing price forward as a horizontal reference, traders can quickly identify dynamic support and resistance zones relevant to the current price action. This indicator enables seamless multi-timeframe analysis without the need to manually switch chart intervals or re-draw lines. FEATURES Independent Time Frame Selection: Enable or disable H1, H4, and Daily levels individually to tailor the analysis. Custom Extension Length: Each timeframe's closing level can be projected forward for a user-defined number of bars. Performance Optimization: The script maintains an internal limit (default: 100) on the number of active lines. When this threshold is exceeded, the oldest lines are removed automatically. Visual Differentiation: Colors for each timeframe are fully customizable, enabling immediate recognition of level origin. Immediate Update: New levels appear as soon as a higher timeframe candle closes, ensuring real-time reference. USAGE From the indicator inputs, select which timeframes you want to track. Adjust the extension lengths to fit your trading style and time horizon. Customize the line colors for clarity and personal preference. Use these projected levels as part of your confluence criteria for entries, exits, or stop placement. Combine with trend indicators or price action tools to enhance your multi-timeframe strategy. ORIGINALITY AND ADDED VALUE While similar scripts exist that plot higher timeframe levels, this implementation differs in: Its efficient automatic cleanup of old lines to preserve chart performance. The independent extension and color settings per timeframe. Immediate reaction to new candle closes without repainting. Simplicity of use combined with precise customization. This combination makes it a practical and flexible tool for traders who rely on clear HTF level visualization without manual drawing or the limitations of built-in TradingView tools. LICENSE This script is published open-source under the Mozilla Public License 2.0.
Indicatore Pine Script®
di Fussion_Trader
GRID EXTENSIONGRID EXTENSION Overview The GRID EXTENSION is a simple grid-based indicator for TradingView, built with Pine Script v6. It plots horizontal price levels starting from a user-defined anchor price, with spacing set by a tick increment. Use it to identify key support, resistance, or price zones on charts for Crypto, Forex, or Futures. Key Features Custom Grid Levels: Plot up to 22 levels (e.g., 0, 0.25, 1.25, -2.50) with options to show/hide, set values, and choose colors. Market-Specific Tick Increments: Select your asset type (Crypto, Forex, Futures) and choose from a range of tick increments tailored for each market: Crypto: 1 to 5000 ticks (e.g., 100 ticks = $0.001 on ADA/USD, 5000 ticks = $50 on BTC/USD). Forex: 5 to 5000 ticks (e.g., 100 ticks = 1 pip on EUR/USD, 5000 ticks = 50 pips). Futures: 1 to 2500 ticks (e.g., 25 ticks = 6.25 points on E-mini S&P 500, $312.50 per contract). Visual Options: Extend lines to the right. Show price and level labels (as values or percentages). Place labels on the left or right. Adjust background transparency for filled areas between levels. How to Use Set Asset Type: Choose "Crypto," "Forex," or "Futures" to match your chart. Set Anchor Price: Enter a starting price for the grid. Pick Tick Increment: Select a tick increment from the dropdown, following the guidance for your asset type (see Key Features). Customize Levels: Turn levels on/off, set values, and pick colors. Add to Chart: Apply the indicator to see the grid on your chart. Tips Use levels to mark support/resistance zones for entries or exits. Extend lines to project future price zones. Choose smaller increments (e.g., 5 ticks) for scalping, or larger ones (e.g., 1000 ticks) for swing trading. Combine with indicators like moving averages for better signals. Settings Asset Type: Select "Crypto," "Forex," or "Futures" (default: "Crypto"). Anchor Price: Starting price for the grid (default: 0.0). Tick Increment: Space between levels (options: 1, 5, 10, 25, 50, 100, 250, 500, 1000, 2500, 5000). Choose based on asset type. Extend Right: Extend lines to the right (default: true). Show Prices: Show price labels (default: true). Show Levels: Show level values or percentages (default: true). Format: Display levels as "Values" or "Percent" (default: "Values"). Labels Position: Place labels on "Left" or "Right" (default: "Left"). Background Transparency: Set transparency for filled areas (default: 100, range 0-100). Level Options: Enable/disable levels, set values, and choose colors. Notes Set the anchor price to a key level (like a recent high or low) for best results. Check the tick increment tooltip to ensure the spacing suits your market type. Works on any chart, best for clear price trends or ranges. Acknowledgments Made with Pine Script v6 for TradingView. This is v1.0—feedback welcome for future updates!
Indicatore Pine Script®
di PAYETRADERCO
Wick Size in USD with 10-Bar AverageWick Size in USD with 10-Bar Average Version: 1.0 Author: QCodeTrader 🔍 Overview This indicator converts the price wicks of your candlestick chart into USD values based on ticks, providing both raw and smoothed data via a 10-bar simple moving average. It helps traders visualize the monetary impact of price extremes, making it easier to assess volatility, potential risk, and plan appropriate stop loss levels. ⚙️ Key Features Tick-Based Calculation: Converts wick sizes into ticks (using a fixed tick size of 0.01, typical for stocks) and then into USD using a customizable tick value. 10-Bar Moving Average: Smooths out the wick values over the last 10 bars, giving you a clearer view of average wick behavior. Bullish/Bearish Visual Cues: The chart background automatically highlights bullish candles in green and bearish candles in red for quick visual assessment. Stop Loss Optimization: The indicator highlights long wick sizes, which can help you set more accurate stop loss levels. Even when the price moves in your favor, long wicks may indicate potential reversals—allowing you to account for this risk when planning your stop losses. User-Friendly Customization: Easily adjust the USD value per tick through the settings to tailor the indicator to your specific instrument. 📊 How It Works Wick Calculation: The indicator calculates the upper and lower wicks by measuring the distance between the candle’s high/low and its body (open/close). Conversion to Ticks & USD: These wick sizes are first converted from price points to ticks (dividing by a fixed tick size of 0.01) and then multiplied by the user-defined tick value to convert the measurement into USD. Smoothing Data: A 10-bar simple moving average is computed for both the upper and lower wick values, providing smoothed data that helps identify trends and deviations. Visual Representation: Columns display the raw wick sizes in USD. Lines indicate the 10-bar moving averages. Background Color shifts between green (bullish) and red (bearish) based on candle type. ⚡ How to Use Add the Indicator: Apply it to your chart to begin visualizing wick sizes in monetary terms. Customize Settings: Adjust the Tick Value in USD in the settings to match your instrument’s tick value. (Note: The tick size is fixed at 0.01, which is standard for many stocks.) Optimize Your Stop Loss: Analyze the raw and averaged wick values to understand volatility. Long wicks—even when the price moves in your favor—may indicate potential reversals. This insight can help you set more accurate stop loss levels to protect your gains. Analyze: Use the indicator’s data to gauge market volatility and assess the significance of price movements, aiding in more informed trading decisions. This indicator is perfect for traders looking to understand the impact of extreme price movements in monetary terms, optimize stop loss levels, and effectively manage risk across stocks and other instruments with similar tick structures.
Indicatore Pine Script®
di QCodeTrader
MTF Signal XpertMTF Signal Xpert – Detailed Description Overview: MTF Signal Xpert is a proprietary, open‑source trading signal indicator that fuses multiple technical analysis methods into one cohesive strategy. Developed after rigorous backtesting and extensive research, this advanced tool is designed to deliver clear BUY and SELL signals by analyzing trend, momentum, and volatility across various timeframes. Its integrated approach not only enhances signal reliability but also incorporates dynamic risk management, helping traders protect their capital while navigating complex market conditions. Detailed Explanation of How It Works: Trend Detection via Moving Averages Dual Moving Averages: MTF Signal Xpert computes two moving averages—a fast MA and a slow MA—with the flexibility to choose from Simple (SMA), Exponential (EMA), or Hull (HMA) methods. This dual-MA system helps identify the prevailing market trend by contrasting short-term momentum with longer-term trends. Crossover Logic: A BUY signal is initiated when the fast MA crosses above the slow MA, coupled with the condition that the current price is above the lower Bollinger Band. This suggests that the market may be emerging from a lower price region. Conversely, a SELL signal is generated when the fast MA crosses below the slow MA and the price is below the upper Bollinger Band, indicating potential bearish pressure. Recent Crossover Confirmation: To ensure that signals reflect current market dynamics, the script tracks the number of bars since the moving average crossover event. Only crossovers that occur within a user-defined “candle confirmation” period are considered, which helps filter out outdated signals and improves overall signal accuracy. Volatility and Price Extremes with Bollinger Bands Calculation of Bands: Bollinger Bands are calculated using a 20‑period simple moving average as the central basis, with the upper and lower bands derived from a standard deviation multiplier. This creates dynamic boundaries that adjust according to recent market volatility. Signal Reinforcement: For BUY signals, the condition that the price is above the lower Bollinger Band suggests an undervalued market condition, while for SELL signals, the price falling below the upper Bollinger Band reinforces the bearish bias. This volatility context adds depth to the moving average crossover signals. Momentum Confirmation Using Multiple Oscillators RSI (Relative Strength Index): The RSI is computed over 14 periods to determine if the market is in an overbought or oversold state. Only readings within an optimal range (defined by user inputs) validate the signal, ensuring that entries are made during balanced conditions. MACD (Moving Average Convergence Divergence): The MACD line is compared with its signal line to assess momentum. A bullish scenario is confirmed when the MACD line is above the signal line, while a bearish scenario is indicated when it is below, thus adding another layer of confirmation. Awesome Oscillator (AO): The AO measures the difference between short-term and long-term simple moving averages of the median price. Positive AO values support BUY signals, while negative values back SELL signals, offering additional momentum insight. ADX (Average Directional Index): The ADX quantifies trend strength. MTF Signal Xpert only considers signals when the ADX value exceeds a specified threshold, ensuring that trades are taken in strongly trending markets. Optional Stochastic Oscillator: An optional stochastic oscillator filter can be enabled to further refine signals. It checks for overbought conditions (supporting SELL signals) or oversold conditions (supporting BUY signals), thus reducing ambiguity. Multi-Timeframe Verification Higher Timeframe Filter: To align short-term signals with broader market trends, the script calculates an EMA on a higher timeframe as specified by the user. This multi-timeframe approach helps ensure that signals on the primary chart are consistent with the overall trend, thereby reducing false signals. Dynamic Risk Management with ATR ATR-Based Calculations: The Average True Range (ATR) is used to measure current market volatility. This value is multiplied by a user-defined factor to dynamically determine stop loss (SL) and take profit (TP) levels, adapting to changing market conditions. Visual SL/TP Markers: The calculated SL and TP levels are plotted on the chart as distinct colored dots, enabling traders to quickly identify recommended exit points. Optional Trailing Stop: An optional trailing stop feature is available, which adjusts the stop loss as the trade moves favorably, helping to lock in profits while protecting against sudden reversals. Risk/Reward Ratio Calculation: MTF Signal Xpert computes a risk/reward ratio based on the dynamic SL and TP levels. This quantitative measure allows traders to assess whether the potential reward justifies the risk associated with a trade. Condition Weighting and Signal Scoring Binary Condition Checks: Each technical condition—ranging from moving average crossovers, Bollinger Band positioning, and RSI range to MACD, AO, ADX, and volume filters—is assigned a binary score (1 if met, 0 if not). Cumulative Scoring: These individual scores are summed to generate cumulative bullish and bearish scores, quantifying the overall strength of the signal and providing traders with an objective measure of its viability. Detailed Signal Explanation: A comprehensive explanation string is generated, outlining which conditions contributed to the current BUY or SELL signal. This explanation is displayed on an on‑chart dashboard, offering transparency and clarity into the signal generation process. On-Chart Visualizations and Debug Information Chart Elements: The indicator plots all key components—moving averages, Bollinger Bands, SL and TP markers—directly on the chart, providing a clear visual framework for understanding market conditions. Combined Dashboard: A dedicated dashboard displays key metrics such as RSI, ADX, and the bullish/bearish scores, alongside a detailed explanation of the current signal. This consolidated view allows traders to quickly grasp the underlying logic. Debug Table (Optional): For advanced users, an optional debug table is available. This table breaks down each individual condition, indicating which criteria were met or not met, thus aiding in further analysis and strategy refinement. Mashup Justification and Originality MTF Signal Xpert is more than just an aggregation of existing indicators—it is an original synthesis designed to address real-world trading complexities. Here’s how its components work together: Integrated Trend, Volatility, and Momentum Analysis: By combining moving averages, Bollinger Bands, and multiple oscillators (RSI, MACD, AO, ADX, and an optional stochastic), the indicator captures diverse market dynamics. Each component reinforces the others, reducing noise and filtering out false signals. Multi-Timeframe Analysis: The inclusion of a higher timeframe filter aligns short-term signals with longer-term trends, enhancing overall reliability and reducing the potential for contradictory signals. Adaptive Risk Management: Dynamic stop loss and take profit levels, determined using ATR, ensure that the risk management strategy adapts to current market conditions. The optional trailing stop further refines this approach, protecting profits as the market evolves. Quantitative Signal Scoring: The condition weighting system provides an objective measure of signal strength, giving traders clear insight into how each technical component contributes to the final decision. How to Use MTF Signal Xpert: Input Customization: Adjust the moving average type and period settings, ATR multipliers, and oscillator thresholds to align with your trading style and the specific market conditions. Enable or disable the optional stochastic oscillator and trailing stop based on your preference. Interpreting the Signals: When a BUY or SELL signal appears, refer to the on‑chart dashboard, which displays key metrics (e.g., RSI, ADX, bullish/bearish scores) along with a detailed breakdown of the conditions that triggered the signal. Review the SL and TP markers on the chart to understand the associated risk/reward setup. Risk Management: Use the dynamically calculated stop loss and take profit levels as guidelines for setting your exit points. Evaluate the provided risk/reward ratio to ensure that the potential reward justifies the risk before entering a trade. Debugging and Verification: Advanced users can enable the debug table to see a condition-by-condition breakdown of the signal generation process, helping refine the strategy and deepen understanding of market dynamics. Disclaimer: MTF Signal Xpert is intended for educational and analytical purposes only. Although it is based on robust technical analysis methods and has undergone extensive backtesting, past performance is not indicative of future results. Traders should employ proper risk management and adjust the settings to suit their financial circumstances and risk tolerance. MTF Signal Xpert represents a comprehensive, original approach to trading signal generation. By blending trend detection, volatility assessment, momentum analysis, multi-timeframe alignment, and adaptive risk management into one integrated system, it provides traders with actionable signals and the transparency needed to understand the logic behind them.
Indicatore Pine Script®
di EnviAI
TVMC - Composite Indicator with Technical RatingsDescription: The TVMC (Trend, Volume, Momentum, Composite) indicator is a powerful multi-component tool designed to provide traders with a comprehensive understanding of market conditions. By combining four essential technical analysis components—trend, momentum, volume, and volatility—this indicator offers clear and actionable insights to assist in decision-making. Key Features: 1. Trend Component (TC): * Based on MACD (Moving Average Convergence Divergence), this component analyzes the relationship between two exponential moving averages (fast and slow) to determine the prevailing market trend. * The MACD signal is normalized to a range of -1 to +1 for consistency and clarity. 2. Momentum Component (MC): * Utilizes RSI (Relative Strength Index) to measure the strength and speed of price movements. * This component highlights overbought or oversold conditions, which may indicate potential market reversals. 3. Volume Confirmation (VC): * Compares the current trading volume to its moving average over a specified period. * High volume relative to the average confirms the validity of the current trend. 4. Volatility Filter (VF): * Uses ATR (Average True Range) to gauge market volatility. * Adjusts and smooths signals to reduce noise during periods of high volatility. 5. Technical Ratings Integration: * Incorporates TradingView’s Technical Ratings, allowing users to validate signals using moving averages, oscillators, or a combination of both. * Users can choose their preferred source of ratings for enhanced signal confirmation. How It Works: The TVMC indicator combines the weighted contributions of the Trend, Momentum, and Volume components, further refined by the Volatility Filter. Each component plays a specific role: * Trend: Identifies whether the market is bullish, bearish, or neutral. * Momentum: Highlights the strength of price action. * Volume: Confirms whether the current price action is supported by sufficient trading activity. * Volatility: Filters out excessive noise in volatile market conditions, providing a smoother and more reliable output. Visualization: 1. Bullish Signals: * The indicator line turns green and remains above the zero line, indicating upward momentum. 2. Bearish Signals: * The indicator line turns red and falls below the zero line, signaling downward momentum. 3. Neutral Signals: * The line is orange and stays near zero, indicating a lack of strong trend or momentum. 4. Zones: * Horizontal lines at +30 and -30 mark strong bullish and bearish zones, respectively. * A zero line is included for clear separation between bullish and bearish signals. Recommended Usage: * Best Timeframes: The indicator is optimized for higher timeframes such as 4-hour (H4) and daily (D1) charts. * Trading Style: Suitable for swing and positional trading. * Customization: The indicator allows users to adjust all major parameters (e.g., MACD, RSI, volume, and ATR settings) to fit their trading preferences. Customization Options: * Adjustable weights for Trend, Momentum, and Volume components. * Fully configurable settings for MACD, RSI, Volume SMA, and ATR periods. * Timeframe selection for multi-timeframe analysis. Important Notes: 1. Originality: The TVMC indicator combines multiple analysis methods into a unique framework. It does not replicate or minimally modify existing indicators. 2. Transparency: The description is detailed enough for users to understand the methodology without requiring access to the code. 3. Clarity: The indicator is explained in a way that is accessible even to users unfamiliar with complex technical analysis tools. Compliance with TradingView Rules: * The indicator is written in Pine Script version 5, adhering to TradingView’s language standards. * The description is written in English to ensure accessibility to the global community, with a clear explanation of all components and functionality. * No promotional content, links, or unrelated references are included. * The chart accompanying the indicator is clean and demonstrates its intended use clearly, with no additional indicators unless explicitly explained.
Indicatore Pine Script®
di SuperStrategyINC
3
Enhanced Cumulative Volume Delta + MAThe Enhanced Cumulative Volume Delta (CVD) indicator is designed to help traders analyze the cumulative buying and selling pressure in the market by examining the delta between the up and down volume. By tracking this metric, traders can gain insights into the strength of a trend and potential reversals. This indicator uses advanced volume analysis combined with customizable moving averages to provide a more detailed view of market dynamics. How to Use This Indicator: Volume Delta Visualization: The indicator plots the cumulative volume delta (CVD) using color-coded candles, where teal represents positive delta (buying pressure) and soft red represents negative delta (selling pressure). Moving Averages: Use the moving averages to smooth the CVD data and identify long-term trends. You can choose between SMA and EMA for each of the three available moving averages. The first and third moving averages are typically used for short-term and long-term trend analysis, respectively, while the second moving average can serve as a medium-term filter. Arrow Markers: The indicator will display arrows (green triangle up for crossing above, red triangle down for crossing below) when the CVD volume crosses the 3rd moving average. You can control the visibility of these arrows through the input parameters. Volume Data: The indicator provides error handling in case no volume data is available for the selected symbol, ensuring that you're not misled by incomplete data. Practical Applications: Trend Confirmation: Use the CVD and moving averages to confirm the overall trend direction and strength. Positive delta and a rising CVD can confirm an uptrend, while negative delta and a falling CVD indicate a downtrend. Volume Breakouts: The arrows marking when the CVD crosses the 3rd moving average can help you spot potential volume breakouts or reversals, making them useful for entry or exit signals. Volume Divergence: Pay attention to divergences between price and CVD, as these can often signal potential trend reversals or weakening momentum.
Indicatore Pine Script®
di amit16aks
4
Relative Performance Indicator by ComLucro - 2025_V01The "Relative Performance Indicator by ComLucro - 2025_V01" is a powerful tool designed to analyze an asset's performance relative to a benchmark index over multiple timeframes. This indicator provides traders with a clear view of how their chosen asset compares to a market index in short, medium, and long-term periods. Key Features: Customizable Lookback Periods: Analyze performance across three adjustable periods (default: 20, 50, and 200 bars). Relative Performance Analysis: Calculate and visualize the difference in percentage performance between the asset and the benchmark index. Dynamic Summary Label: Displays a detailed breakdown of the asset's and index's performance for the latest bar. User-Friendly Interface: Includes customizable colors and display options for clear visualization. How It Works: The script fetches closing prices of both the asset and a benchmark index. It calculates percentage changes over the selected lookback periods. The indicator then computes the relative performance difference between the asset and the index, plotting it on the chart for easy trend analysis. Who Is This For?: Traders and investors who want to compare an asset’s performance against a benchmark index. Those looking to identify trends and deviations between an asset and the broader market. Disclaimer: This tool is for educational purposes only and does not constitute financial or trading advice. Always use it alongside proper risk management strategies and backtest thoroughly before applying it to live trading. Chart Recommendation: Use this script on clean charts for better clarity. Combine it with other technical indicators like moving averages or trendlines to enhance your analysis. Ensure you adjust the lookback periods to match your trading style and the timeframe of your analysis. Additional Notes: For optimal performance, ensure the benchmark index's data is available on your TradingView subscription. The script uses fallback mechanisms to avoid interruptions when index data is unavailable. Always validate the settings and test them to suit your trading strategy.
Indicatore Pine Script®
di comlucro
Sharpe Ratio Z-ScoreThis indicator calculates the Sharpe Ratio and its Z-Score , which are used to evaluate the risk-adjusted return of an asset over a given period. The Sharpe Ratio is computed using the average return and the standard deviation of returns, while the Z-Score standardizes this ratio to assess how far the current Sharpe Ratio deviates from its historical average. The Sharpe Ratio is a measure of how much return an investment has generated relative to the risk it has taken. In the context of this script, the risk-free rate is assumed to be 0, but in real applications, it would typically be the return on a safe investment, like a Treasury bond. A higher Sharpe Ratio indicates that the investment's returns are higher compared to its risk, making it a more favorable investment. Conversely, a lower Sharpe Ratio suggests that the investment may not be worth the risk. Calculation: Daily Returns Calculation: The script calculates the daily return of the asset. This measures the percentage change in the asset’s closing price from one period to the next. Sharpe Ratio Calculation: The Sharpe Ratio is calculated by taking the average daily return and dividing it by the standard deviation of the returns, then multiplying by the square root of the period length. Usage: Traders and Investors can use the Sharpe Ratio to evaluate how well the asset is compensating for risk. A high Sharpe Ratio indicates a high return per unit of risk, whereas a low or negative Sharpe Ratio suggests poor risk-adjusted returns. In overbought times, an asset would have high/positive returns per unit of risk. In oversold times, an asset would have low/negative returns per unit of risk. The Z-Score provides a way to compare the current Sharpe Ratio to its historical distribution, offering a more standardized view of how extreme or typical the current ratio is. Positive Z-score: Indicates that the asset's return is significantly lower than its risk, suggesting potential oversold conditions. Negative Z-score: Indicates that the asset's return is significantly higher than its risk, suggesting potential overbought conditions. Red Zone (-3 to -2): Strong overbought conditions. Green Zone (2 to 3): Strong oversold conditions. Sharpe Ratio Limitations: While the Sharpe Ratio is widely used to evaluate risk-adjusted returns, it has its limitations. Fat Tails: It assumes that returns are normally distributed and does not account for extreme events or "fat tails" in the return distribution. This can be problematic for assets like cryptocurrencies, which may experience large, sudden price swings that skew the return distribution. Single Risk Factor: The Sharpe Ratio only considers standard deviation (total volatility) as a measure of risk, ignoring other types of risks like skewness or kurtosis, which may also impact an asset’s performance. Time Frame Sensitivity: The accuracy of the Sharpe Ratio and its Z-Score is heavily influenced by the time frame chosen for the calculation. A longer period may smooth out short-term fluctuations, while a shorter period might be more sensitive to recent volatility. Overbought and Oversold Zones: The script marks overbought and oversold conditions based on the Z-Score, but this is not a guarantee of market reversal. It’s important to combine this tool with other technical indicators and fundamental analysis for a more comprehensive market evaluation. Volatility: The Sharpe Ratio and Z-Score depend on the volatility (standard deviation) of the asset’s returns. For highly volatile assets, such as cryptocurrencies, the Sharpe Ratio may not fully capture the true risk or may be misleading if the volatility is transient. Doesn't Account for Downside Risk: The Sharpe Ratio treats upside and downside volatility equally, which may not reflect how investors perceive risk. Some investors may be more concerned with downside risk, which the Sharpe Ratio does not distinguish from upside fluctuations. Important Considerations: The Sharpe Ratio should not be used in isolation. While it provides valuable insights into risk-adjusted returns, it is important to combine it with other performance and risk indicators to form a more comprehensive market evaluation. Relying solely on the Sharpe Ratio may lead to misleading conclusions, particularly in volatile or non-normally distributed markets. When integrated into a broader investment strategy, the Sharpe Ratio can help traders and investors better assess the risk-return profile of an asset, identifying periods of potential overperformance or underperformance. However, it should be used alongside other tools to ensure more informed decision-making, especially in highly fluctuating markets.
Indicatore Pine Script®
di MouseAnalysis
1
Fibonacci-Only StrategyFibonacci-Only Strategy This script is a custom trading strategy designed for traders who leverage Fibonacci retracement levels to identify potential trade entries and exits. The strategy is versatile, allowing users to trade across multiple timeframes, with built-in options for dynamic stop loss, trailing stops, and take profit levels. Key Features: Custom Fibonacci Levels: This strategy calculates three specific Fibonacci retracement levels: 19%, 82.56%, and the reverse 19% level. These levels are used to identify potential areas of support and resistance where price reversals or breaks might occur. The Fibonacci levels are calculated based on the highest and lowest prices within a 100-bar period, making them dynamic and responsive to recent market conditions. Dynamic Entry Conditions: Touch Entry: The script enters long or short positions when the price touches specific Fibonacci levels and confirms the move with a bullish (for long) or bearish (for short) candle. Break Entry (Optional): If the "Use Break Strategy" option is enabled, the script can also enter positions when the price breaks through Fibonacci levels, providing more aggressive entry opportunities. Stop Loss Management: The script offers flexible stop loss settings. Users can choose between a fixed percentage stop loss or an ATR-based stop loss, which adjusts based on market volatility. The ATR (Average True Range) stop loss is multiplied by a user-defined factor, allowing for tailored risk management based on market conditions. Trailing Stop Mechanism: The script includes an optional trailing stop feature, which adjusts the stop loss level as the market moves in favor of the trade. This helps lock in profits while allowing the trade to run if the trend continues. The trailing stop is calculated as a percentage of the difference between the entry price and the current market price. Multiple Take Profit Levels: The strategy calculates seven take profit levels, each at incremental percentages above (for long trades) or below (for short trades) the entry price. This allows for gradual profit-taking as the market moves in the trade's favor. Each take profit level can be customized in terms of the percentage of the position to be closed, providing precise control over exit strategies. Strategy Backtesting and Results: Realistic Backtesting: The script has been backtested with realistic account sizes, commission rates, and slippage settings to ensure that the results are applicable to actual trading scenarios. The backtesting covers various timeframes and markets to ensure the strategy's robustness across different trading environments. Default Settings: The script is published with default settings that have been optimized for general use. These settings include a 15-minute timeframe, a 1.0% stop loss, a 2.0 ATR multiplier for stop loss, and a 1.5% trailing stop. Users can adjust these settings to better fit their specific trading style or the market they are trading. How It Works: Long Entry Conditions: The strategy enters a long position when the price touches the 19% Fibonacci level (from high to low) or the reverse 19% level (from low to high) and confirms the move with a bullish candle. If the "Use Break Strategy" option is enabled, the script will also enter a long position when the price breaks below the 19% Fibonacci level and then moves back up, confirming the break with a bullish candle. Short Entry Conditions: The strategy enters a short position when the price touches the 82.56% Fibonacci level and confirms the move with a bearish candle. If the "Use Break Strategy" option is enabled, the script will also enter a short position when the price breaks above the 82.56% Fibonacci level and then moves back down, confirming the break with a bearish candle. Stop Loss and Take Profit Logic: The stop loss for each trade is calculated based on the selected method (fixed percentage or ATR-based). The strategy then manages the trade by either trailing the stop or taking profit at predefined levels. The take profit levels are set at increments of 0.5% above or below the entry price, depending on whether the position is long or short. The script gradually exits the trade as these levels are hit, securing profits while minimizing risk. Usage: For Fibonacci Traders: This script is ideal for traders who rely on Fibonacci retracement levels to find potential trade entries and exits. The script automates the process, allowing traders to focus on market analysis and decision-making. For Trend and Swing Traders: The strategy's flexibility in handling both touch and break entries makes it suitable for trend-following and swing trading strategies. The multiple take profit levels allow traders to capture profits in trending markets while managing risk. Important Notes: Originality: This script uniquely combines Fibonacci retracement levels with dynamic stop loss management and multiple take profit levels. It is not just a combination of existing indicators but a thoughtful integration designed to enhance trading performance. Disclaimer: Trading involves risk, and it is crucial to test this script in a demo account or through backtesting before applying it to live trading. Users should ensure that the settings align with their individual risk tolerance and trading strategy.
Strategia Pine Script®
di Kinji213
3
VIX - SKEW DivergenceThe CBOE VIX is a well-known index representing market expectations for volatility over the next 30 days. The CBOE SKEW is an index reflecting the perceived tail risk over the next 30 days. When the SKEW rises over a certain level (~140/150), that means investors are hedging their exposure with options, because they are worried about an incoming market crash or a "black swan". If that happens when the VIX is very low and apparently there is no uncertainty, this can warn of a sudden change in direction of the market. You will see for yourself that an increasing divergence often anticipates a sharp fall of leading stock indexes, usually within two to four months. This is probably not very relevant for the short-term trader but mid/long-term traders and market analysts may find it useful to clearly visualize the extent of the distance between the VIX and the SKEW. For that reason, I wrote this highly customizable script with which you can plot the two indexes and fill the space within them with a color gradient to highlight the maximum and minimum divergence. Additionally, you can fill the beneath VIX area with four different colors. It is also possible to plot the divergence value itself, so if you want you can draw trendlines and support/resistance levels on it. Please note that the divergence per se doesn't predict anything and it's meant to be used synergistically with other technical analysis tools. More informations here: www.cboe.com www.cboe.com
Indicatore Pine Script®
di valpatrad
TV signal for DCA backtestThis script allows you to backtest Trading View's "Technical Ratings" (Buy, Strong buy, Sell, Strong Sell) using Gavin's backtest script. To use it add the backtest script to the chart together with this script and then from the back test settings connect the external indicator. You should select "TV Signal" as the source. Backtesting works best on the 5m chart, but you can still change this script from its settings to higher timeframes. Encoding Buy is 1 Strong Buy is 2 Sell is -1 Strong Sell is -2 In the backtest script you can decide which rating you want to use for open deal and which one for close deal. For example, if you were backtesting a long bot you could enter a long position when TV signal is Buy (1) and close the deal when TV signal is Sell (-1). You have the full flexibility to decide which technical rating to use for your backtesting. Enjoy!
Indicatore Pine Script®
di TheTradingParrot
5
MTF Technical Ratings [Anan]█ OVERVIEW This indicator is a modified version of "Technical Ratings" v5.0 available in the public library to provide a quick overview of Technical Ratings in 6 optional timeframes. █ FEATURES - Multi-timeframe Table. - Display Technical Ratings for "MAs" with a percentage. - Display Technical Ratings for "Oscillators" with a percentage. - Display Technical Ratings for "All" with a percentage. - Full control of displaying any row(MAs / Oscillators / All) or any column(Multi-timeframe) - Full control of Table position and size. - Full control of displaying any row or column. ORIGINAL DESCRIPTION ABOUT TECHNICAL RATING v1.0 █ OVERVIEW This indicator calculates TradingView's well-known "Strong Buy", "Buy", "Neutral", "Sell" or "Strong Sell" states using the aggregate biases of 26 different technical indicators. █ CALCULATIONS The indicator calculates the aggregate value of two groups of indicators: moving averages and oscillators. The "MAs" group is comprised of 15 different components:  • Six Simple Moving Averages of periods 10, 20, 30, 50, 100 and 200  • Six Exponential Moving Averages of the same periods  • A Hull Moving Average of period 9  • A Volume-weighed Moving Average of period 20  • Ichimoku‎ The "Oscillators" group includes 11 components:  • RSI  • Stochastic  • CCI  • ADX  • Awesome Oscillator  • Momentum  • MACD  • Stochastic RSI  • Wiliams %R  • Bull Bear Power  • Ultimate Oscillator The state of each group's components is evaluated to a +1/0/-1 value corresponding to its bull/neutral/bear bias. The resulting value for each of the two groups are then averaged to produce the overall value for the indicator, which oscillates between +1 and -1. The complete conditions used in the calculations are documented in the Help Center.
Indicatore Pine Script®
di Mohamed3nan
9
CustomScreenerTo apply your indicator with screener , please modify the section which i mention "Start your indicator pine script" & "End your indicator pine script" At the pinescript section you will able to change the ticket symbol . I only able to show screener result with 10 item in 1 times . To view more result, please go to setting and change stock list "1-10">"11,20">"21-30"..... Able to screener 100 items with this indicator. Kindly change the exchange and stock in the pinescript according your watchlist. As examples, my indicator is to determine the stock in which trend, i want to find out all stock with aqua color trend The screener result show only 9 of 10 are in aqua color trend.
Indicatore Pine Script®
di TraderX_Unknown
37
Krowns 10 PACK Combo (5 EMAs, 5 SMAs) - v2Version 2 - Krowns Crypto 10 pack moving average set - written by "Kick Back Time" also known as Mr.Scrogers Neighborhood ...after receiving a lot of likes from the first version I thought I would go ahead and put out the updated version that I've been using There's a few things I've changed to make it easier to adapt to. This set is very similar to what Krown uses - I rarely look at the 100 SMA, but I do like the 128 SMA, so I made it default over the 100... It's all adjustable in values, colors, line thicknesses, etc... it's all good Tweeks/Improvements: 1) now has a shorter overlay title so it takes up less space on the chart and is less distractive 2) the 30, 50 and 128 SMA's are now default pink which stand out well and are easier to associate as SMA's
Indicatore Pine Script®
di Kick_Back_Time
1