CANX Momentum & basic candle patterns© CanxStixTrader
CANX Momentum & basic candle patterns
(Customizable)
An indicator that simply shows you the way the market is trending.
- This will make it very easy to see what direction you should be looking to take trades.
Also included is Basic candle patterns to help identify the correct timing to enter trades.
- Bearish Engulfing Candles
- Bullish Engulfing Candles
- Bullish 3 Candle Strike/CANX
- Bearish 3 Candle Strike/CANX
More candle patterns to follow in future updates
Free Telegram Group 'CanxGroup'
Analisi trend
Multi-Timeframe Trend Meter [ask2maniish]📊 Multi-Timeframe Trend Meter
A visual trend strength indicator that aggregates trend signals from multiple timeframes using EMA and VWAP, providing a weighted score to help traders gauge market direction and strength.
✅ Summary
This indicator gives a holistic view of the market by:
Combining EMA and VWAP conditions across timeframes.
Weighting larger timeframes more heavily.
Producing a percentage-based trend score.
Providing visual and alert-based feedback for strong trends.
Olas21 BUY SELL TREND 1. Use Only Strong Buy/Sell Signals
The script already filters for "Strong BUY" (with Supertrend support). Use only:
🚀 Strong BUY when Supertrend is downtrend (direction < 0)
☄️ Strong SELL when Supertrend is uptrend (direction > 0)
Why?
These signals are filtered and more reliable.
2. Enable Trend Confirmation: EMA Filter
Make sure you enable the EMA filter (already in the script):
plaintext
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✅ Use EMA Trend Filter = True
📈 Buy only if price is above EMA200 (bull trend)
📉 Sell only if price is below EMA200 (bear trend)
This ensures you only trade with the trend.
3. Add Confirmation Indicators
Here are the top options:
Indicator Use It For Recommended Settings
RSI Avoid overbought/oversold traps RSI(14) < 70 for buy, > 30 for sell
ADX Confirm strong trend ADX > 20 or 25
MACD Confirm momentum direction MACD line > Signal line for buy
Volume Spike Confirm market interest Volume > 20-period avg volume
4. Avoid Trading in Choppy Conditions
Stay out if:
Price is sideways near EMAs
Low volume or no trend confirmation
No clear higher high / lower low structure
5. Best Timeframes for High Win Rate
Use higher timeframes for cleaner signals:
1H, 4H, 1D (especially for swing trading)
5M–15M only if scalping with strict rules and fast exits
6. Backtest and Tune Your SL/TP
Use:
SL = 0.5–1.5%
TP = 1.5–2.5%
Tight stops + quick profits = higher win rate
👉 Use the strategy.tester in TradingView and adjust these values.
🔧 Sample Confirmation Logic (Optional Additions)
You can edit the script to add confirmations like RSI or MACD:
pinescript
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rsi = ta.rsi(close, 14)
rsiBuyOk = rsi < 70
rsiSellOk = rsi > 30
adx = ta.adx(14)
trendStrong = adx > 20
finalLong = longCondition and rsiBuyOk and trendStrong
finalShort = shortCondition and rsiSellOk and trendStrong
Then replace your strategy.entry conditions with:
pinescript
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if finalLong
strategy.entry("Long", strategy.long)
if finalShort
strategy.entry("Short", strategy.short)
✅ Summary: Your Confirmation Checklist
Filter Confirmed?
Supertrend alignment (Strong Buy/Sell) ✅
EMA trend filter (price above/below EMA200) ✅
RSI overbought/oversold ✅
ADX showing trend strength ✅
Volume above average ✅
NYBREAKOUT by FliuxStrategy Concept
This strategy captures high-probability breakout moves by defining a tight 30-minute range during low-volatility hours and trading the first clear break beyond that range with a 2:1 reward-to-risk ratio.
Key Benefits
Simplicity: Clear, time-based range and mechanical entries/exits.
Defined R:R: Automatic 2:1 target ensures consistent risk management.
Time-filtered: Trades only the initial breakout of a calm, pre-session range.
How to Use
Add to Chart: Paste the Pine Script into TradingView’s Pine Editor, then click Add to Chart.
Backtest: Open Strategy Tester to review net profit, drawdown, win rate, and profit factor.
Optimize: Adjust stop-loss offset, R:R ratio, or session window parameters to suit different instruments or volatility regimes.
Choppiness Index Based RangesSideways ranges based on Choppiness Index.
CI > 61.8 indicates that price has been ranging in the past n = Length bars.
FVG + OB + RSI Divergence + Volume Spikes🧠 FVG + OB + RSI Divergence + Volume Spikes – Market Structure Confluence Tool
This all-in-one indicator brings together four powerful market concepts into a single script designed to help traders identify high-probability trade setups with precision and clarity:
🔍 What It Does
✅ Fair Value Gaps (FVG)
Highlights inefficiencies in price action, showing where the market may return to “rebalance.”
✅ Order Blocks (OB)
Marks key institutional footprints — bullish and bearish order blocks based on engulfing candle structures.
✅ RSI Divergence
Detects both bullish and bearish divergences between price and RSI, signaling potential reversals.
✅ Volume Spikes
Flags bars where volume significantly exceeds the average — a common footprint of smart money.
🎯 How to Use
Use this tool to spot confluences between price inefficiencies (FVG), key reversal zones (OB), momentum shifts (RSI Divergence), and institutional interest (Volume Spikes). The best setups often occur when multiple signals align — especially at key support/resistance or trend zones.
⚙️ Inputs
RSI length (for divergence)
Volume spike sensitivity (multiplier)
Lookback for Order Blocks and FVGs
⚠️ Notes
This is a non-repainting tool.
Ideal for price action, SMC, ICT, and order flow traders.
Combine with your existing strategy and higher time frame bias for best results.
3MA Signal Flow📘【概要 / Overview】
3本の移動平均線(短期・中期・長期)の「並び順」と「方向」が同時に揃ったとき、シグナル(▲)を表示するシンプルなトレンド補助インジケーターです。
- 上昇シグナル:短期 > 中期 > 長期 & すべて上向き
- 下降シグナル:短期 < 中期 < 長期 & すべて下向き
- それ以外:ノーシグナル
This indicator shows a triangle signal (▲) **only when both the correct order and direction** of short/mid/long moving averages align:
- Bullish: short > mid > long **AND** all sloping upward
- Bearish: short < mid < long **AND** all sloping downward
- Otherwise: no signal
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🔧【用途 / Use Cases】
- トレンド初動の検出
- 押し目・戻り目後の再加速ポイント確認
- MACDなど他インジとの併用で精度向上
- マルチタイム分析にも対応(1分足〜日足OK)
- Detect early trends
- Confirm trend continuation after pullbacks
- Combine with indicators like MACD
- Works on all timeframes (1min to daily)
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🤝【他のインジケーターや裁量との併用例 / Example Combinations】
このインジケーター単体でもシンプルに使えますが、以下のような併用例が実戦的に役立ちます:
▶ **MACDヒストグラムとの組み合わせ**
シグナル出現時にMACDが拡大傾向であれば、モメンタムが伴っていると判断しやすいです。
弱ければロット調整やスルーの判断材料に。
▶ **トレンドラインブレイクとの併用(裁量)**
自分で引いたトレンドラインを明確に抜けた直後に▲シグナルが出現するケースでは、初動キャッチの根拠となりやすく、エントリー検討の優先度が高まります。
This tool works best when combined with other context:
▶ **With MACD histogram**
A strong expanding histogram reinforces the signal.
Weak or flat? Consider skipping or reducing size.
▶ **With manual trendline breaks**
If a signal appears just after your own trendline is broken, it may indicate a trend initiation zone with high reliability.
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⚙️【カスタマイズ可能な設定 / Adjustable Settings】
- MAの期間(デフォルト:25, 75, 200)
- シグナルの色やサイズ
- ラベル表示ON/OFFなど
- MA periods (default: 25 / 75 / 200)
- Signal colors & size
- Toggle label display
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💬【メッセージ / Final Note】
このインジケーターは私自身の経験をもとに設計していますが、手法や使い方は人それぞれです。
ご自身の視点で活用した結果などをコメント欄で共有いただけたら嬉しいです。
お互いの知見を深めるきっかけになれば幸いです。
This indicator reflects my personal trading logic, but I welcome others to explore it in their own way.
If you find a unique or effective use case, I’d be happy to hear it.
Let’s grow together as traders.
Pump Detector - EMA 4H + Retest H1 (Valid 10x4H bars)📈 Pump Detector – EMA 12/21 on 4H + Retest on H1
This indicator is designed to detect sudden bullish moves ("pumps") on the 4-hour timeframe, and alert traders of potential retest entry points on the 1-hour timeframe.
🔍 Pump activation conditions (on 4H):
EMA 12 crosses above EMA 21
Current volume exceeds the 20-period SMA of volume (on 4H)
When both conditions are met, a pump alert is triggered and a time window opens.
📉 Retest detection logic (on H1):
For the next 10 bars on the 4H chart (~40 hours), the indicator monitors price behavior on the 1H timeframe
If the LOW of any H1 candle touches or drops below EMA 12 or 21 (on H1), a second alert is triggered
✅ Key Features:
Draws EMA 12/21 from the 4H timeframe directly on the chart
Enforces 4H and H1 timeframes, regardless of the chart the script is applied to
One-time detection per pump window: once the 10-bar window expires, the retest alert is disabled until a new pump is detected
Ideal for capturing momentum breakouts followed by technical pullbacks
⚠️ Recommended for:
Traders looking for scalping or swing trading setups on crypto, forex, or stocks. Helps identify post-breakout entry opportunities using a structured and disciplined approach.
Follow-Through Day IndicatorO'Neil Follow Through Day Indicator. Tracks start of a bottom and each ensuing FTDs
MOE7GHits just a very simple indicator which shows previous daily close and open on chart to give you some information
keep t simple
Range Progress TrackerRANGE PROGRESS TRACKER(RPT)
PURPOSE
This indicator helps traders visually and statistically understand how much of the typical price range (measured by ATR) has already been covered in the current period (Daily, Weekly, or Monthly). It includes key features to assist in trend exhaustion analysis, reversal spotting, and smart alerting.
CORE LOGIC
The indicator calculates the current range of the selected time frame (e.g., Daily), which is:
Current Range = High - Low
This is then compared to the ATR (Average True Range) of the same time frame, which represents the average price movement range over a defined period (default is 14).
The comparison is expressed as a percentage, calculated with this formula:
Range % = (Current Range / ATR) × 100
This percentage shows how much of the “average expected move” has already occurred.
WHY IT MATTERS
When the current range approaches or exceeds 100% of ATR, it means the price has already moved as much as it typically does in a full session.
This indicates a lower probability of continuing the trend with a new high or low, especially when the price is already near the session's high or low.
This setup can signal:
A possible consolidation phase
A reversal in trend
The market entering a corrective phase
SMART ALERTS
The indicator can alert you when:
A new high is made after the range percentage exceeds your set threshold.
A new low is made after the range percentage exceeds your set threshold.
You can adjust the Range % Alert Threshold in the settings to tailor it to your trading style.
Candle Range (High - Low)//@version=5
indicator("Candle Range (High - Low)", overlay=false)
// Candle range calculation
rangeValue = high - low
// Plot the range
plot(rangeValue, title="Candle Range", color=color.orange, linewidth=2)
Enhanced Volume Trend Indicator with BB SqueezeEnhanced Volume Trend Indicator with BB Squeeze: Comprehensive Explanation
The visualization system allows traders to quickly scan multiple securities to identify high-probability setups without detailed analysis of each chart. The progression from squeeze to breakout, supported by volume trend confirmation, offers a systematic approach to identifying trading opportunities.
The script combines multiple technical analysis approaches into a comprehensive dashboard that helps traders make informed decisions by identifying high-probability setups while filtering out noise through its sophisticated confirmation requirements. It combines multiple technical analysis approaches into an integrated visual system that helps traders identify potential trading opportunities while filtering out false signals.
Core Features
1. Volume Analysis Dashboard
The indicator displays various volume-related metrics in customizable tables:
AVOL (After Hours + Pre-Market Volume): Shows extended hours volume as a percentage of the 21-day average volume with color coding for buying/selling pressure. Green indicates buying pressure and red indicates selling pressure.
Volume Metrics: Includes regular volume (VOL), dollar volume ($VOL), relative volume compared to 21-day average (RVOL), and relative volume compared to 90-day average (RVOL90D).
Pre-Market Data: Optional display of pre-market volume (PVOL), pre-market dollar volume (P$VOL), pre-market relative volume (PRVOL), and pre-market price change percentage (PCHG%).
2. Enhanced Volume Trend (VTR) Analysis
The Volume Trend indicator uses adaptive analysis to evaluate buying and selling pressure, combining multiple factors:
MACD (Moving Average Convergence Divergence) components
Volume-to-SMA (Simple Moving Average) ratio
Price direction and market conditions
Volume change rates and momentum
EMA (Exponential Moving Average) alignment and crossovers
Volatility filtering
VTR Visual Indicators
The VTR score ranges from 0-100, with values above 50 indicating bullish conditions and below 50 indicating bearish conditions. This is visually represented by colored circles:
"●" (Filled Circle):
Green: Strong bullish trend (VTR ≥ 80)
Red: Strong bearish trend (VTR ≤ 20)
"◯" (Hollow Circle):
Green: Moderate bullish trend (VTR 65-79)
Red: Moderate bearish trend (VTR 21-35)
"·" (Small Dot):
Green: Weak bullish trend (VTR 55-64)
Red: Weak bearish trend (VTR 36-45)
"○" (Medium Hollow Circle): Neutral conditions (VTR 46-54), shown in gray
In "Both" display mode, the VTR shows both the numerical score (0-100) alongside the appropriate circle symbol.
Enhanced VTR Settings
The Enhanced Volume Trend component offers several advanced customization options:
Adaptive Volume Analysis (volTrendAdaptive):
When enabled, dynamically adjusts volume thresholds based on recent market volatility
Higher volatility periods require proportionally higher volume to generate significant signals
Helps prevent false signals during highly volatile markets
Keep enabled for most trading conditions, especially in volatile markets
Speed of Change Weight (volTrendSpeedWeight, range 0-1):
Controls emphasis on volume acceleration/deceleration rather than absolute levels
Higher values (0.7-1.0): More responsive to new volume trends, better for momentum trading
Lower values (0.2-0.5): Less responsive, better for trend following
Helps identify early volume trends before they fully develop
Momentum Period (volTrendMomentumPeriod, range 2-10):
Defines lookback period for volume change rate calculations
Lower values (2-3): More responsive to recent changes, better for short timeframes
Higher values (7-10): Smoother, better for daily/weekly charts
Directly affects how quickly the indicator responds to new volume patterns
Volatility Filter (volTrendVolatilityFilter):
Adjusts significance of volume by factoring in current price volatility
High volume during high volatility receives less weight
High volume during low volatility receives more weight
Helps distinguish between genuine volume-driven moves and volatility-driven moves
EMA Alignment Weight (volTrendEmaWeight, range 0-1):
Controls importance of EMA alignments in final VTR calculation
Analyzes multiple EMA relationships (5, 10, 21 period)
Higher values (0.7-1.0): Greater emphasis on trend structure
Lower values (0.2-0.5): More focus on pure volume patterns
Display Mode (volTrendDisplayMode):
"Value": Shows only numerical score (0-100)
"Strength": Shows only symbolic representation
"Both": Shows numerical score and symbol together
3. Bollinger Band Squeeze Detection (SQZ)
The BB Squeeze indicator identifies periods of low volatility when Bollinger Bands contract inside Keltner Channels, often preceding significant price movements.
SQZ Visual Indicators
"●" (Filled Circle): Strong squeeze - high probability setup for an impending breakout
Green: Strong squeeze with bullish bias (likely upward breakout)
Red: Strong squeeze with bearish bias (likely downward breakout)
Orange: Strong squeeze with unclear direction
"◯" (Hollow Circle): Moderate squeeze - medium probability setup
Green: With bullish EMA alignment
Red: With bearish EMA alignment
Orange: Without clear directional bias
"-" (Dash): Gray dash indicates no squeeze condition (normal volatility)
The script identifies squeeze conditions through multiple methods:
Bollinger Bands contracting inside Keltner Channels
BB width falling to bottom 20% of recent range (BB width percentile)
Very narrow Keltner Channel (less than 5% of basis price)
Tracking squeeze duration in consecutive bars
Different squeeze strengths are detected:
Strong Squeeze: BB inside KC with tight BB width and narrow KC
Moderate Squeeze: BB inside KC with either tight BB width or narrow KC
No Squeeze: Normal market conditions
4. Breakout Detection System
The script includes two breakout indicators working in sequence:
4.1 Pre-Breakout (PBK) Indicator
Detects potential upcoming breakouts by analyzing multiple factors:
Squeeze conditions lasting 2-3 bars or more
Significant price ranges
Strong volume confirmation
EMA/MACD crossovers
Consistent price direction
PBK Visual Indicators
"●" (Filled Circle): Detected pre-breakout condition
Green: Likely upward breakout (bullish)
Red: Likely downward breakout (bearish)
Orange: Direction not yet clear, but breakout likely
"-" (Dash): Gray dash indicates no pre-breakout condition
The PBK uses sophisticated conditions to reduce false signals including minimum squeeze length, significant price movement, and technical confirmations.
4.2 Breakout (BK) Indicator
Confirms actual breakouts in progress by identifying:
End of squeeze or strong expansion of Bollinger Bands
Volume expansion
Price moving outside Bollinger Bands
EMA crossovers with volume confirmation
MACD crossovers with significant price range
BK Visual Indicators
"●" (Filled Circle): Confirmed breakout in progress
Green: Upward breakout (bullish)
Red: Downward breakout (bearish)
Orange: Unusual breakout pattern without clear direction
"◆" (Diamond): Special breakout conditions (meets some but not all criteria)
"-" (Dash): Gray dash indicates no breakout detected
The BK indicator uses advanced filters for confirmation:
Requires consecutive breakout signals to reduce false positives
Strong volume confirmation requirements (40% above average)
Significant price movement thresholds
Consistency checks between price action and indicators
5. Market Metrics and Analysis
Price Change Percentage (CHG%)
Displays the current percentage change relative to the previous day's close, color-coded green for positive changes and red for negative changes.
Average Daily Range (ADR%)
Calculates the average daily percentage range over a specified period (default 20 days), helping traders gauge volatility and set appropriate price targets.
Average True Range (ATR)
Shows the Average True Range value, a volatility indicator developed by J. Welles Wilder that measures market volatility by decomposing the entire range of an asset price for that period.
Relative Strength Index (RSI)
Displays the standard 14-period RSI, a momentum oscillator that measures the speed and change of price movements on a scale from 0 to 100.
6. External Market Indicators
QQQ Change
Shows the percentage change in the Invesco QQQ Trust (tracking the Nasdaq-100 Index), useful for understanding broader tech market trends.
UVIX Change
Displays the percentage change in UVIX, a volatility index, providing insight into market fear and potential hedging activity.
BTC-USD
Shows the current Bitcoin price from Coinbase, useful for traders monitoring crypto correlation with equities.
Market Breadth (BRD)
Calculates the percentage difference between ATHI.US and ATLO.US (high vs. low securities), indicating overall market direction and strength.
7. Session Analysis and Volume Direction
Session Detection
The script accurately identifies different market sessions:
Pre-market: 4:00 AM to 9:30 AM
Regular market: 9:30 AM to 4:00 PM
After-hours: 4:00 PM to 8:00 PM
Closed: Outside trading hours
This detection works on any timeframe through careful calculation of current time in seconds.
Buy/Sell Volume Direction
The script analyzes buying and selling pressure by:
Counting up volume when close > open
Counting down volume when close < open
Tracking accumulated volume within the day
Calculating intraday pressure (up volume minus down volume)
Enhanced AVOL Calculation
The improved AVOL calculation works in all timeframes by:
Estimating typical pre-market and after-hours volume percentages
Combining yesterday's after-hours with today's pre-market volume
Calculating this as a percentage of the 21-day average volume
Determining buying/selling pressure by analyzing after-hours and pre-market price changes
Color-coding results: green for buying pressure, red for selling pressure
This calculation is particularly valuable because it works consistently across any timeframe.
Customization Options
Display Settings
The dashboard has two customizable tables: Volume Table and Metrics Table, with positions selectable as bottom_left or bottom_right.
All metrics can be individually toggled on/off:
Pre-market data (PVOL, P$VOL, PRVOL, PCHG%)
Volume data (AVOL, RVOL Day, RVOL 90D, Volume, SEED_YASHALGO_NSE_BREADTH:VOLUME )
Price metrics (ADR%, ATR, RSI, Price Change%)
Market indicators (QQQ, UVIX, Breadth, BTC-USD)
Analysis indicators (Volume Trend, BB Squeeze, Pre-Breakout, Breakout)
These toggle options allow traders to customize the dashboard to show only the metrics they find most valuable for their trading style.
Table and Text Customization
The dashboard's appearance can be customized:
Table background color via tableBgColor
Text color (White or Black) via textColorOption
The indicator uses smart formatting for volume and price values, automatically adding appropriate suffixes (K, M, B) for readability.
MACD Configuration for VTR
The Volume Trend calculation incorporates MACD with customizable parameters:
Fast Length: Controls the period for the fast EMA (default 3)
Slow Length: Controls the period for the slow EMA (default 9)
Signal Length: Controls the period for the signal line EMA (default 5)
MACD Weight: Controls how much influence MACD has on the volume trend score (default 0.3)
These settings allow traders to fine-tune how momentum is factored into the volume trend analysis.
Bollinger Bands and Keltner Channel Settings
The Bollinger Bands and Keltner Channels used for squeeze detection have preset (hidden) parameters:
BB Length: 20 periods
BB Multiplier: 2.0 standard deviations
Keltner Length: 20 periods
Keltner Multiplier: 1.5 ATR
These settings follow standard practice for squeeze detection while maintaining simplicity in the user interface.
Practical Trading Applications
Complete Trading Strategies
1. Squeeze Breakout Strategy
This strategy combines multiple components of the indicator:
Wait for a strong squeeze (SQZ showing ●)
Look for pre-breakout confirmation (PBK showing ● in green or red)
Enter when breakout is confirmed (BK showing ● in same direction)
Use VTR to confirm volume supports the move (VTR ≥ 65 for bullish or ≤ 35 for bearish)
Set profit targets based on ADR (Average Daily Range)
Exit when VTR begins to weaken or changes direction
2. Volume Divergence Strategy
This strategy focuses on the volume trend relative to price:
Identify when price makes a new high but VTR fails to confirm (divergence)
Look for VTR to show weakening trend (● changing to ◯ or ·)
Prepare for potential reversal when SQZ begins to form
Enter counter-trend position when PBK confirms reversal direction
Use external indicators (QQQ, BTC, Breadth) to confirm broader market support
3. Pre-Market Edge Strategy
This strategy leverages pre-market data:
Monitor AVOL for unusual pre-market activity (significantly above 100%)
Check pre-market price change direction (PCHG%)
Enter position at market open if VTR confirms direction
Use SQZ to determine if volatility is likely to expand
Exit based on RVOL declining or price reaching +/- ADR for the day
Market Context Integration
The indicator provides valuable context for trading decisions:
QQQ change shows tech market direction
BTC price shows crypto market correlation
UVIX change indicates volatility expectations
Breadth measurement shows market internals
This context helps traders avoid fighting the broader market and align trades with overall market direction.
Timeframe Optimization
The indicator is designed to work across different timeframes:
For day trading: Focus on AVOL, VTR, PBK/BK, and use shorter momentum periods
For swing trading: Focus on SQZ duration, VTR strength, and broader market indicators
For position trading: Focus on larger VTR trends and use EMA alignment weight
Advanced Analytical Components
Enhanced Volume Trend Score Calculation
The VTR score calculation is sophisticated, with the base score starting at 50 and adjusting for:
Price direction (up/down)
Volume relative to average (high/normal/low)
Volume acceleration/deceleration
Market conditions (bull/bear)
Additional factors are then applied, including:
MACD influence weighted by strength and direction
Volume change rate influence (speed)
Price/volume divergence effects
EMA alignment scores
Volatility adjustments
Breakout strength factors
Price action confirmations
The final score is clamped between 0-100, with values above 50 indicating bullish conditions and below 50 indicating bearish conditions.
Anti-False Signal Filters
The indicator employs multiple techniques to reduce false signals:
Requiring significant price range (minimum percentage movement)
Demanding strong volume confirmation (significantly above average)
Checking for consistent direction across multiple indicators
Requiring prior bar consistency (consecutive bars moving in same direction)
Counting consecutive signals to filter out noise
These filters help eliminate noise and focus on high-probability setups.
MACD Enhancement and Integration
The indicator enhances standard MACD analysis:
Calculating MACD relative strength compared to recent history
Normalizing MACD slope relative to volatility
Detecting MACD acceleration for stronger signals
Integrating MACD crossovers with other confirmation factors
EMA Analysis System
The indicator uses a comprehensive EMA analysis system:
Calculating multiple EMAs (5, 10, 21 periods)
Detecting golden cross (10 EMA crosses above 21 EMA)
Detecting death cross (10 EMA crosses below 21 EMA)
Assessing price position relative to EMAs
Measuring EMA separation percentage
Recent Enhancements and Evolution
Version 5.2 includes several improvements:
Enhanced AVOL to show buying/selling direction through color coding
Improved VTR with adaptive analysis based on market conditions
AVOL display now works in all timeframes through sophisticated estimation
Removed animal symbols and streamlined code with bright colors for better visibility
Improved anti-false signal filters throughout the system
Optimizing Indicator Settings
For Different Market Types
Range-Bound Markets:
Lower EMA Alignment Weight (0.2-0.4)
Higher Speed of Change Weight (0.8-1.0)
Focus on SQZ and PBK signals for breakout potential
Trending Markets:
Higher EMA Alignment Weight (0.7-1.0)
Moderate Speed of Change Weight (0.4-0.6)
Focus on VTR strength and BK confirmations
Volatile Markets:
Enable Volatility Filter
Enable Adaptive Volume Analysis
Lower Momentum Period (2-3)
Focus on strong volume confirmation (VTR ≥ 80 or ≤ 20)
For Different Asset Classes
Equities:
Standard settings work well
Pay attention to AVOL for gap potential
Monitor QQQ correlation
Futures:
Consider higher Volume/RVOL weight
Reduce MACD weight slightly
Pay close attention to SQZ duration
Crypto:
Higher volatility thresholds may be needed
Monitor BTC price for correlation
Focus on stronger confirmation signals
Integrated Visual System for Trading Decisions
The colored circle indicators create an intuitive visual system for quick market assessment:
Progression Sequence: SQZ (Squeeze) → PBK (Pre-Breakout) → BK (Breakout)
This sequence often occurs in order, with the squeeze leading to pre-breakout conditions, followed by an actual breakout.
VTR (Volume Trend): Provides context about the volume supporting these movements.
Color Coding: Green for bullish conditions, red for bearish conditions, and orange/gray for neutral or undefined conditions.
Multi-TF BOS/CHoCH Detectori am abhijit i am devloping this structure maping indicator with alert .
on dated may 12-5-2025. disclaimer-it is only for educational purpose and not giving surety of success use it by your own risk
Market Structure (Compact Dashboard) with Trade PlansScript to identify multi timeframe market structure and Position, Short Term and Scalp Startegy based on ICT Swing Process.
Logic based on proces decsribed by ICT in his swing trading concepts in the 2016 series. Position trading based on M-W-D, Short Term based on W-D-4H and scalp based on D-4H-1H
Bullish and bearish based on the break of a swing high or low with a close.
The script prodices the table on the top right and botom centre and NOT other levels on this chart
Previous Day/Week/Month - High/Lows (BHUVANESH Rajendran)Previous Day/Week/Month - High/Lows (BHUVANESH Rajendran)
Candle Wick Analysis🔍 What This Indicator Does
The Candle Wick Analysis indicator dynamically colors each candle body based on the comparative strength of its wicks and body, helping traders visually assess market sentiment, rejection zones, and momentum exhaustion with higher clarity.
This tool is especially useful for:
Price action traders
Scalpers
Reversal and trend continuation traders
Anyone who uses candlestick structure for confirmations
📊 How It Works
The indicator analyzes each candle and compares the percentage change of the upper wick, body, and lower wick relative to the opening price. Based on this relationship, it assigns a green or red color to the candle body to indicate likely price strength or weakness.
🧠 Logic Breakdown
✅ If the Candle is Bullish (close > open):
🔵 Green Candle Body: If the upper wick is smaller than the combined percentage size of the body + lower wick
→ Indicates strong bullish momentum with low upper rejection.
🔴 Red Candle Body: If the upper wick is larger than body + lower wick
→ Suggests potential exhaustion or rejection at the top.
✅ If the Candle is Bearish (close < open):
🔴 Red Candle Body: If the lower wick is smaller than the combined percentage size of the body + upper wick
→ Indicates strong bearish momentum with low lower support.
🟢 Green Candle Body: If the lower wick is larger than body + upper wick
→ Suggests potential downside rejection or support zone bounce.
⚪ Neutral Candles:
If the candle does not meet any specific wick/body criteria, it is displayed in gray to indicate neutrality or indecision (such as a doji).
🛠️ Technical Highlights
Built in Pine Script v5
Uses precise percentage-based wick/body comparison
Works on any timeframe and instrument
Minimalist coloring style: only the body color changes, while wicks stay gray
💡 Use Cases
Quickly spot exhaustion candles, where strong wicks may indicate a reversal or trap.
Validate trend strength: strong candles are colored green, weak ones red, even within bullish or bearish structures.
Filter entries and exits using visual confirmation of wick-to-body dynamics.
📌 Notes
This is a visual tool, not a buy/sell signal indicator.
Best used in conjunction with other forms of analysis (support/resistance, volume, moving averages, etc.)
Can be enhanced with alerts, filters (e.g., volume spikes), or labeling based on user feedback.
Consecutive Green Candles + 20% Move ScreenerConsecutive Green Candles Momentum Tracker
This indicator identifies powerful bullish momentum streaks in stocks, highlighting opportunities where consistent buying pressure has driven significant price increases.
The script tracks sequences of consecutive green (bullish) candles that collectively move a stock's price by more than 20%. It marks both the beginning of such streaks with a green label and their conclusion with a red arrow when price momentum finally reverses.
Perfect for traders looking to:
- Identify stocks experiencing strong directional momentum
- Spot potential reversal points after extended rallies
- Screen for securities with recent bullish strength
- Understand the magnitude of recent price runs
Simply adjust the minimum number of candles and percentage threshold to match your preferred momentum criteria.
Open-Close / High-Low RibbonThis indicator visualizes smoothed Open, Close, High, and Low price levels as continuous lines, helping users observe underlying price structure with reduced noise. The Open and Close values are shaded to highlight bullish (green) or bearish (red) zones based on their relationship. Smoothing is applied using a simple moving average (SMA) over a user-defined length to make trends easier to interpret. This tool can be useful for identifying directional bias, trend shifts, or areas of support and resistance on any timeframe.
K's Reversal Indicator I with Order BlocksPlot this indicator and use ONLY 1 Hour timeframe. When signal appears, wait for the candle to close and mark the high and low of the candle. Take bullish entry if the next candle closes above the high of the candle in which signal had generated and for bearish entry if the next candle closes below the low of the candle.
The signal would be less as compared to other indicators but the results are great. Please backtest before using.
Alert TrendThis indicator is designed to function as a dynamic BIAS tool but can be adapted to various strategies depending on user needs.
Key Features and Integration:
Personally, I pair it with the "EMA Suite" indicator, as my strategy revolves around Fibonacci-based moving averages. The indicator uses EMA 55 and EMA 233 as trend references, triggering a trend shift when a candle closes fully above or below these levels. To maintain structural integrity, the EMA values are not user-configurable in the settings: adjustments require direct script modification (e.g., switching to EMA 50 and EMA 200, widely recognized reference levels), this ensures logical consistency for advanced users familiar with Pine Script.
Output Signals and Interpretation:
The indicator generates four distinct signals:
1. Uptrend: Candle closes above both EMA 55 and EMA 233.
2. Weak Uptrend: Candle closes above EMA 55 but below EMA 233.
3. Downtrend: Candle closes below both EMA 55 and EMA 233.
4. Weak Downtrend: Candle closes below EMA 55 but above EMA 233.
The area between the two EMAs represents a "complex zone" where price action contradicts higher timeframe trends. To resolve ambiguity, combine this indicator with a primary timeframe (e.g., H4) and a confirmation timeframe (e.g., H1). In smaller timeframes may also serve as entry signals, a feature currently under exploration for automation.
Alert System and Strategy Integration:
The indicator includes customizable alerts for all four signals collectively or individually, streamlining integration into Strategy scripts. This flexibility enhances adaptability for backtesting or live trading.
Critical Note:
Configure the indicator to display exclusively on the selected timeframe. Higher intervals fail to render all signals due to overlapping visualizations, distorting analysis. To resolve this, set the visibility parameter to "Visibility on intervals/Current interval and below" in the chart settings. This ensures clarity and preserves signal accuracy.
Development Status and Collaboration:
As part of an ongoing project, this tool is already integrated into my personal strategy. While functional and publicly shareable, further refinements are planned. Though not a professional developer, I utilize Deepseek for coding assistance and possess sufficient Pine Script literacy to oversee the logic. Feedback, suggestions, and collaborations are welcome to optimize its utility.
I hope this tool proves valuable to fellow traders navigating multi-timeframe analysis and trend confirmation.
Smart S/R ZonesThis is not your average S/R script.
It combines proximity, bounce frequency, and volume clustering to automatically identify the most reliable support and resistance zones on your chart — no guesswork needed.
How It Works:
• Scans for recent highs/lows, SMA50 & SMA200, and pivot swing points
• Ranks each potential level using a weighted scoring system:
• Proximity to current price (50%)
• Bounce Count (30%) — how many times price respected that level
• Volume Score (20%) — how much volume traded around that level
• The top support and resistance levels are plotted with:
• Clear dashed lines
• Color-filled zones
• Simple percentage distance labels
Why This Script Stands Out:
• No settings to tweak — it just works
• Helps you react faster with high-confidence levels
• Adapts to any market: crypto, forex, stocks, indexes
• Ideal for both intraday and swing trading setups
Built-in Intelligence. Clean Visuals. Zero Noise.
Advanced Candlestick Pattern Detector (12 Types)This Pine Script identifies 12 major candlestick patterns and distinguishes them based on market context (trend), especially for those with similar shapes (e.g., Hammer vs Hanging Man).