Analisi trend
Script Mejorado: Señales con Filtros y Gestión de Riesgoeste script incorpora filtros de volumen, tendencias, confrimacion con rsi, gestion de riesgo y alertas.
Relative Strength Comparisonby Finlight
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Multi-Timeframe Stoch RSI Alert (4H, 1H, 15M)Aggregates three main RSI oscillators. Where the three converge could be good entry and exit points.
Harsh Trending Buy/SellHarsh Trending Buy Sell by Harshal Bafna
Used for trending Buy Sell Signal in Indian Markets
Trade Assistant price for TP SL kbowie
## Overview
Trade Assistant is a powerful TradingView Pine Script designed to streamline trading decision-making by providing comprehensive trade management and risk analysis tools. This script helps traders make informed decisions through advanced position sizing, risk management, and visual trade insights.
## Key Features
### 🎯 Flexible Risk Management
- Multiple risk calculation methods:
- Percent of Account Balance
- Fixed Dollar Amount
- Percent of Equity
- Customizable risk percentage (0.1% - 100%)
- Supports variable account balance inputs
### 📊 Comprehensive Trade Entry Options
- Order type selection:
- Market Entry
- Limit Entry
- Stop Entry
- Automatic live price tracking for entry point
### 🛡️ Advanced Stop Loss & Take Profit
- Multiple configuration methods:
- Pips-based calculation
- Percentage-based calculation
- Absolute price setting
- Flexible stop loss and take profit strategies
### 📈 Position Sizing Calculator
- Dynamically calculates optimal position size
- Ensures consistent risk management across trades
- Adapts to different account sizes and risk tolerances
### 🖥️ Interactive Dashboard
- Real-time trade information display
- Shows critical trade parameters:
- Entry Type
- Calculated Position Size
- Risk Amount
- Stop Loss Details
- Take Profit Details
### 🔍 Visual Trade Assistance
- Dashed price lines for:
- Entry Price
- Stop Loss
- Take Profit
- On-chart debugging labels for detailed trade analysis
## How to Use
1. Set your account balance
2. Choose risk calculation method
3. Define risk percentage
4. Select entry type
5. Configure stop loss and take profit
6. Let the script handle position sizing and visualization
## Best Practices
- Always validate calculations with your broker's specifications
- Adjust risk parameters to match your trading strategy
- Use in conjunction with comprehensive trading plan
- Regularly review and optimize risk settings
## Disclaimer
- This is a tool for educational purposes
- Not financial advice
- Always perform your own due diligence
- Trading involves significant financial risk
## Version
NS Trade Assistant Lite - Initial Release
Top 20 Crypto Opening Range Dashboard"Top 20 Crypto Opening Range Dashboard"
Combine this indicator with
Opening Range with Breakouts & Targets
Overview:
The "Top 20 Crypto Opening Range Dashboard" is a powerful tool designed to simplify and enhance your crypto trading experience. Inspired by Lux Algo's style, this indicator dynamically monitors the opening range (first 30 minutes) for the top 20 cryptocurrencies on Binance, providing actionable insights into proximity to breakout or reversal levels.
This user-friendly dashboard allows traders to efficiently track multiple assets, identify key opportunities, and make informed trading decisions without needing to switch between charts.
Key Features:
Multi-Asset Tracking:
Displays the top 20 crypto pairs from Binance (e.g., BTCUSDT, ETHUSDT).
All data is consolidated into a clean, real-time dashboard.
Opening Range High/Low Analysis:
Tracks the highest and lowest price during the first 30 minutes of the trading day.
Measures how close the current price is to the high or low.
Dynamic Percentages:
Distance to High (%):
Indicates how close the price is to breaking the opening high.
Distance to Low (%):
Indicates how close the price is to bouncing off the opening low.
Color-Coded Signals:
Green: Near the high (potential breakout).
Red: Near the low (potential bounce).
White: Neutral (price is within the range).
Quantum Liquidity FractalThe indicator is designed to identify hidden market affects:
Volume anomaly detection (opportunities in dark pools)
Recognition of algorithmic clusters (mass orders of HFT robots)
Filtering false breakouts through entropy analysis
Sync with high frequency trading activity
Chart Box Session Indicator [ScrimpleAI]This indicator allows highlighting specific time sessions within a chart by creating colored boxes to represent the price range of the selected session. Is an advanced and flexible tool for graphically segmenting trading sessions. Thanks to its extensive customization options and advanced visualization features, it allows traders to gain a clear representation of key market areas based on chosen time intervals.
The indicator offers two range calculation modes:
- Body to Body : considers the range between the opening and closing price.
- Wick to Wick : considers the range between the session's low and high.
Key Features
1. Session Configuration
- Users can select the time range of the session of interest.
- Option to choose the day of the week for the calculation.
- Supports UTC timezone selection to correctly align data.
2. Customizable Visualization
- Option to display session price lines.
- Ability to show a central price line.
- Extension of session lines beyond the specified duration.
3. Graphical Display Configuration
- Three different background configurations to suit light and dark themes.
- Two gradient modes for session coloring:
- Centered : the color is evenly distributed.
- Off-Centered : the gradient is asymmetrical.
How It Works
The indicator determines whether the current time falls within the selected session, creating a colored box that highlights the corresponding price range.
Depending on user preferences, the indicator draws horizontal lines at the minimum and maximum price levels and, optionally, a central line.
During the session:
- The lowest and highest session prices are dynamically updated.
- The range is divided into 10 bands to create a gradient effect.
- A colored box is generated to visually highlight the chosen session.
If the Extend Lines option is enabled, price lines continue even after the session ends, keeping the range visible for further analysis.
Usage
This indicator is useful for traders who want to analyze price behavior in specific timeframes. It is particularly beneficial for strategies based on market sessions (e.g., London or New York open) or for identifying accumulation and distribution zones.
5SMA Trend filter w/optional 10,20,50,200 moving averagesTrend filter indicator to determine ideal price action for long or short trades.
Cloud attached between price and 5SMA.
Using the 5SMA direction and relativity to price, two signals to help filter out head fakes.
If price > 5SMA and SMA pointing up then green cloud.
If price < 5SMA and SMA point down then red cloud.
If price > 5SMA and SMA pointing down or price < 5SMA and 5SMA pointing up then
Optional 10,20,50,200 simple moving averages.
Compatible with multiple timeframes.
RSI (Pr)The "RSI (Pr)" indicator enhances the traditional Relative Strength Index (RSI) by incorporating dynamic bands and highlighting extreme market conditions directly on the price chart. This approach offers traders a more intuitive visualization of potential overbought and oversold zones, facilitating timely decision-making.
Key Features:
Dynamic RSI Bands: The indicator calculates upper and lower bands based on user-defined overbought and oversold levels. These bands adjust in real-time, providing a responsive measure of market extremes.
Visual Alerts: Background colors change when the price moves outside the RSI bands, offering immediate visual cues of potential market reversals.
Buy/Sell Signals: The script places "BUY" and "SELL" labels on the chart when the price crosses above or below the RSI bands, assisting traders in identifying potential entry and exit points.
How It Works:
RSI Calculation: The script computes the RSI based on the closing price and a user-defined length (default is 14 periods).
Exponential Moving Averages (EMA): It calculates the EMA of the maximum gains and losses to smooth out the data, enhancing the reliability of the RSI bands.
Upper and Lower Bands: Using the smoothed data, the script determines the upper (resistance) and lower (support) bands, which represent dynamic overbought and oversold levels.
Visual Indicators: The script plots the upper and lower bands, as well as a midline, directly on the price chart. Background colors change when the price exceeds these bands, and "BUY" or "SELL" labels appear at crossover points.
Usage:
Overbought Conditions: When the price crosses above the upper band, it may indicate an overbought condition, suggesting a potential selling opportunity.
Oversold Conditions: When the price crosses below the lower band, it may indicate an oversold condition, suggesting a potential buying opportunity.
Customization:
Users can adjust the following parameters to suit their trading preferences:
RSI Overbought Level: Default is 70.
RSI Oversold Level: Default is 30.
RSI Length: Default is 14 periods.
Disclaimer:
This indicator is designed for educational purposes and should not be construed as financial advice. Trading involves significant risk, and it's essential to conduct thorough research and consider your financial situation before making trading decisions. Past performance is not indicative of future results.
By integrating dynamic RSI bands and clear visual signals directly onto the price chart, this indicator aims to provide traders with actionable insights into market conditions, enhancing the traditional RSI analysis.
BBMA ZoneZeroLoss (ZZL) Oma AllyOma Ally is a Malaysian trader who developed the BBMA strategy, a method that combines Bollinger Bands and moving averages to identify potential market movements.
This strategy has gained popularity in Malaysia, Indonesia and Brunei and is used by many traders in the forex community.
The BBMA strategy includes several setups, including the "Reentry" setup, which aims to re-enter the market after a price correction in the direction of the main trend.
This setup is used by traders to determine precise entry and exit points.
The "Zero Loss Zone" is a concept within the BBMA strategy that aims to identify trading areas, e.g. for "re-entry" setups, where risk is minimised.
By applying specific criteria, such as the presence of strong trend candles and the positioning of certain moving averages, traders try to take positions with minimal risk of loss.
WAGMI LAB Trend Reversal Indicator HMA-Kahlman (m15)WAGMI HMA-Kahlman Trend Reversal Indicator
This indicator combines the Hull Moving Average (HMA) with the Kahlman filter to provide a dynamic trend reversal signal, perfect for volatile assets like Bitcoin. The strategy works particularly well on lower timeframes, making it ideal for intraday trading and fast-moving markets.
Key Features:
Trend Detection: It uses a blend of HMA and Kahlman filters to detect trend reversals, providing more accurate and timely signals.
Volatility Adaptability: Designed with volatile assets like Bitcoin in mind, this indicator adapts to rapid price movements, offering smoother trend detection during high volatility.
Easy Visualization: Buy (B) and Sell (S) signals are clearly marked with labels, helping traders spot trend shifts quickly and accurately.
Trendlines Module: The indicator plots trendlines based on pivot points, highlighting important support and resistance levels. This helps traders understand the market structure and identify potential breakout or breakdown zones.
Customizable: Adjust the HMA and Kahlman parameters to fit different assets or trading styles, making it flexible for various market conditions.
Usage Tips:
Best Timeframes: The indicator performs exceptionally well on lower timeframes (such as 15-minute to 1-hour charts), making it ideal for scalping and short-term trading strategies.
Ideal for Volatile Assets: This strategy is perfect for highly volatile assets like Bitcoin, but can also be applied to other cryptocurrencies and traditional markets with high price fluctuations.
Signal Confirmation: Use the trend signals (green for uptrend, red for downtrend) along with the buy/sell labels to help you confirm potential entries and exits. It's also recommended to combine the signals with other technical tools like volume analysis or RSI for enhanced confirmation.
Trendline Analysis: The plotted trendlines provide additional visual context to identify key market zones, supporting your trading decisions with a clear view of ongoing trends and possible reversal areas.
Risk Management: As with any strategy, always consider proper risk management techniques, such as stop-loss and take-profit levels, to protect against unforeseen market moves.
Wagmi Lab- Bitcoin H4 Buy Sell Signals This indicator, designed primarily for Bitcoin on the H4 timeframe, is a versatile tool that can also be applied to other assets and timeframes by adjusting its parameters. It combines Exponential Moving Averages (EMAs), MACD (Moving Average Convergence Divergence), and a crossover filtering mechanism to generate reliable buy and sell signals. The indicator is ideal for traders looking to identify trend direction and potential entry/exit points with added precision.
Key Features:
Customizable EMAs and MACD:
Fast EMA (default: 12): Tracks short-term price momentum.
Slow EMA (default: 26): Tracks long-term price momentum.
Signal SMA (default: 9): Smooths the MACD line to generate the signal line.
MACD Crossover Signals:
The indicator calculates the MACD line and signal line to identify potential buy and sell opportunities.
Buy signals are generated when the MACD line crosses above the signal line, indicating bullish momentum.
Sell signals are generated when the MACD line crosses below the signal line, indicating bearish momentum.
Crossover Strength Filter:
A minimum crossover distance percentage (default: 0.1%) ensures that only significant crossovers are considered, reducing false signals.
This filter helps traders avoid weak or insignificant crossovers that may not lead to strong price movements.
Trend Visualization:
The indicator highlights the trend direction by filling the area between the fast and slow EMAs with colors:
Green: Uptrend (MACD > Signal Line).
Red: Downtrend (MACD < Signal Line).
Buy/Sell Signal Markers:
Buy signals are marked with green circles below the price bars.
Sell signals are marked with red circles above the price bars.
These markers provide clear visual cues for potential entry and exit points.
Adaptable to Other Timeframes and Assets:
While optimized for the H4 timeframe, the indicator can be adjusted for other timeframes (e.g., M15, H1, D1) by modifying the EMA and SMA settings.
It can also be applied to other assets, such as stocks, forex, or commodities, by tweaking the parameters to suit the asset's volatility and characteristics.
How to Use:
Identify Trends:
Use the colored areas (green for uptrend, red for downtrend) to determine the overall market direction.
Wait for Confirmation:
Look for buy or sell signals (green or red circles) that align with the trend direction.
Ensure the crossover meets the minimum distance requirement to filter out weak signals.
Enter and Exit Trades:
Enter a long position when a buy signal appears during an uptrend.
Enter a short position or exit a long position when a sell signal appears during a downtrend.
Adjust Settings for Other Timeframes/Assets:
Experiment with the EMA and SMA periods to optimize the indicator for different timeframes or assets.
Why Use This Indicator?
Precision: The crossover strength filter reduces noise and false signals.
Versatility: Works across multiple timeframes and assets with customizable settings.
Visual Clarity: Clear trend visualization and signal markers make it easy to interpret.
This indicator is a powerful tool for traders seeking to capitalize on Bitcoin's volatility or other assets' price movements, providing a structured approach to identifying trends and potential trading opportunities.
Smart Buy/Sell Indicator with Trend & ATR FilterDescription:
This indicator uses a moving average crossover strategy combined with ATR-based stop loss and take profit levels.
✅ Features:
Improvements:
Trend Filter (200-period EMA)
-Only long trades when price is above the 200 EMA
-Only short trades when price is below the 200 EMA
ATR-Based Volatility Filter
-Trades are only taken when the ATR is above a threshold, indicating strong market conditions.
Stop Loss & Take Profit
-Stop loss and take profit dynamically adjust based on ATR x Multiplier, instead of fixed percentages.
-Works best on trending markets (recommended for Forex, Crypto, and Stocks).
🛠 How to Use:
Enter a long trade when a green Buy signal appears.
Enter a short trade when a red Sell signal appears.
Adjust Stop Loss % and Take Profit % based on your risk tolerance.
High-Probability IndicatorExplanation of the Code
Trend Filter (EMA):
A 50-period Exponential Moving Average (EMA) is used to determine the overall trend.
trendUp is true when the price is above the EMA.
trendDown is true when the price is below the EMA.
Momentum Filter (RSI):
A 14-period RSI is used to identify overbought and oversold conditions.
oversold is true when RSI ≤ 30.
overbought is true when RSI ≥ 70.
Volatility Filter (ATR):
A 14-period Average True Range (ATR) is used to measure volatility.
ATR is multiplied by a user-defined multiplier (default: 2.0) to set a volatility threshold.
Ensures trades are only taken during periods of sufficient volatility.
Entry Conditions:
Long Entry: Price is above the EMA (uptrend), RSI is oversold, and the candle range exceeds the ATR threshold.
Short Entry: Price is below the EMA (downtrend), RSI is overbought, and the candle range exceeds the ATR threshold.
Exit Conditions:
Take Profit: A fixed percentage above/below the entry price.
Stop Loss: A fixed percentage below/above the entry price.
Visualization:
The EMA is plotted on the chart.
Background colors highlight uptrends and downtrends.
Buy and sell signals are displayed as labels on the chart.
Alerts:
Alerts are triggered for buy and sell signals.
How to Use the Indicator
Trend Filter:
Only take trades in the direction of the trend (e.g., long in an uptrend, short in a downtrend).
Momentum Filter:
Look for oversold conditions in an uptrend for long entries.
Look for overbought conditions in a downtrend for short entries.
Volatility Filter:
Ensure the candle range exceeds the ATR threshold to avoid low-volatility trades.
Risk Management:
Use the built-in take profit and stop loss levels to manage risk.
Optimization Tips
Backtesting:
Test the indicator on multiple timeframes and assets to evaluate its performance.
Adjust the input parameters (e.g., EMA length, RSI length, ATR multiplier) to optimize for specific markets.
Combination with Other Strategies:
Add additional filters, such as volume analysis or support/resistance levels, to improve accuracy.
Risk Management:
Use proper position sizing and risk-reward ratios to maximize profitability.
Disclaimer
No indicator can guarantee an 85% win ratio due to the inherent unpredictability of financial markets. This script is provided for educational purposes only. Always conduct thorough backtesting and paper trading before using any strategy in live trading.
Let me know if you need further assistance or enhancements!
AI Bollinger Bands Strategy with SL, TP, and Bars Till CloseThis auto trader uses Bollinger Bands (with adjustable length and deviation) and an optional EMA filter to trigger trades. It enters short trades when the prior candle closes above the upper band and then reverses, and long trades when the prior candle is below the lower band and then turns bullish. Risk is managed via:
Trailing stops activated when price crosses the middle band.
Predefined stop loss and take profit levels.
An option to close trades after a set number of bars.
Additionally, you can toggle the visual display of Bollinger Bands and EMA on the chart.
Liquidity Heatmap & Volume-Weighted RSILiquidity Heatmap Indicator with Volume-Weighted RSI
Description:
The Liquidity Heatmap Indicator with Volume-Weighted RSI (VW-RSI) is a powerful tool designed for traders to visualize market liquidity zones while integrating a volume-adjusted momentum oscillator. This indicator provides a dynamic heatmap of liquidity levels across various price points and enhances traditional RSI by incorporating volume weight, making it more responsive to market activity.
Key Features:
Liquidity Heatmap Visualization: Identifies high-liquidity price zones, allowing traders to spot potential areas of support, resistance, and accumulation.
Volume-Weighted RSI (VW-RSI): Enhances the RSI by factoring in trading volume, reducing false signals and improving trend confirmation.
Customizable Sensitivity: Users can adjust parameters to fine-tune heatmap intensity and RSI smoothing.
Dynamic Market Insights: Helps identify potential price reversals and trend strength by combining liquidity depth with momentum analysis.
How to Use:
1. Identify Liquidity Zones: The heatmap colors indicate areas of high and low liquidity, helping traders pinpoint key price action areas.
2. Use VW-RSI for Confirmation: When VW-RSI diverges from price near a liquidity cluster, it signals a potential reversal or continuation.
3. Adjust Parameters: Fine-tune the RSI period, volume weighting, and heatmap sensitivity to align with different trading strategies.
This indicator is ideal for traders who rely on order flow analysis, volume-based momentum strategies, and liquidity-driven trading techniques.
Weekly Pivot Strategy (LONG ONLY STRATEGY)Strategy Overview: Weekly Pivot Trading System
Core Concept:
A mean-reversion strategy that trades between weekly pivot levels. It uses calculated support (S1-S4) and resistance (R1-R4) levels derived from the previous week's price action to identify entry and exit points.
Just know, every market is different. You may need to play with the settings to suit you're market
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1. Key Features
Weekly Pivot Calculation
Pivot Point = (Previous Week’s High + Low + Close) / 3
Support/Resistance Levels: User-adjustable distances from the pivot (Measured in points).
2. Entry Rules
Buys when price touches S1-S4 (lower = more aggressive).
Each support level triggers a separate entry ("Entry1" at S1, "Entry2" at S2, etc.).
3. Exit Rules
Profit targets set at corresponding R1-R4 levels (R1 for S1 entry, etc.).
No stop-loss (positions remain open until targets are hit).
4. Position Management
Up to 4 concurrent trades per week.
Trades reset weekly with new pivot levels.
No time-based exits.
5.Customization
Adjustable distances for S/R levels.
Position sizing as percentage of equity.
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Anticipated FAQs & Answers
Q1: How does this strategy work?
A: It exploits price reversals at weekly support/resistance zones. When price dips to a support level (S1-S4), the strategy buys, expecting a bounce to the corresponding resistance (R1-R4).
Q2: Why use weekly pivots instead of daily?
A: Weekly levels act as stronger psychological zones, reducing noise from short-term fluctuations. This aligns with swing trading/institutional order flow.
Q3: Where are the stop-losses?
A: The original strategy has no stop-loss to allow positions to ride to targets. However, users can add their own stop rules (e.g., below S4 or ATR-based stops).
Q4: How do I adjust risk?
A: Two key controls:
1. default_qty_value: Reduce from 25% to lower position size.
2. S/R distances: Widen offsets for larger buffers.
Q5: Why do trades sometimes not close?
A: Positions remain open indefinitely until price reaches the profit target. This works best in ranging markets but may tie up capital in trends.
Q6: How is this different from standard pivot strategies?
A: Three unique aspects:
1.Weekly reset: Fresh levels every Monday.
2. Multiple entries: Up to 4 trades/week.
3. No repainting: Levels fixed at week start.
Q7: What markets/timeframes does this work on?
A: Best results in:
Markets: Forex, indices, crypto (high liquidity).
Timeframes: 1H or higher (avoids intraweek noise).
Q8: Can I combine this with other indicators?
A: Popular additions:
Trend filter: Only trade S1-S4 in uptrends (e.g., 50 SMA).
Volume confirmation: Require rising volume at support.
RSI divergence: Avoid entries during overextension.
Q9: Why does it enter on touch (not close)?
A: By design, it mimics "limit order" behavior. To require a close below/above, modify the entry condition:
// Replace:
if low <= level
// With:
if close < level // More conservative
Q10: How to avoid whipsaws during volatility?
A: Two solutions:
1.Add a buffer (e.g., require price to close 1% below S1).
2.Use multiple timeframes: Confirm with daily pivot alignment.
Pro Tips for Users
1. Backtest Across Market Phases: Test in both trending and ranging conditions.
2. Adjust Offsets Volatility: Widen S/R distances for high-volatility assets.
Pair with Correlation: Avoid overlapping trades in correlated markets.
This framework balances simplicity with customization potential.
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Thank you for taking the time to review this strategy. This is my first finished product. I hope people enjoy testing it.
P.S. Please feel free to change or add whatever you like. If you feel up to the task. Im 100% confident that there are better coders than me that can improve this. :D
ELHAI Futures Trend Checker (ES, NQ, YM)The ELHAI Futures Trend Checker is a powerful TradingView indicator designed for futures traders who want to monitor the trend synchronization of the three major U.S. futures indices:
✅ E-mini S&P 500 (ES1!)
✅ E-mini Nasdaq 100 (NQ1!)
✅ E-mini Dow Jones (YM1!)
This indicator checks whether all three futures indices are bullish or bearish during each candle formation. If one of them is out of sync (e.g., two indices are bullish while one is bearish), the indicator triggers an alert and highlights the background in red, helping traders identify potential market indecision or divergence.
Key Features
📌 Designed for Futures Traders – Focuses on ES, NQ, and YM futures contracts.
📌 Live Market Monitoring – Works in real-time and updates dynamically with each tick.
📌 Bullish/Bearish Trend Confirmation – Detects when all three indices are in sync.
📌 Mismatch Detection – Alerts you when at least one index is out of trend.
📌 Custom Alerts – Set up TradingView alerts to be notified instantly when a trend mismatch occurs.
📌 Visual Background Highlight – A red background warns of a market divergence.
How It Works
The script retrieves open and close prices for ES, NQ, and YM.
Determines whether each futures index is bullish (close > open) or bearish (close < open).
If all three indices are bullish or all are bearish, it remains neutral.
If one index is different, an alert is triggered and the background turns red.
How to Use
Apply the indicator to your TradingView chart.
Choose any timeframe – Works well on intraday, daily, or higher timeframes.
Enable alerts: Go to Alerts → Create Alert, select "Futures Trend Mismatch", and set your preferred alert frequency.
Use alongside other indicators like moving averages, RSI, or MACD for better trade confirmation.
Best Use Cases
✔ Day traders & scalpers – Quickly spot market divergence in live trading.
✔ Swing traders – Identify when futures markets lose synchronization.
✔ Trend followers – Confirm if all major futures markets are aligned before making a move.
Final Notes
This indicator was built for Elhai to provide real-time trend analysis across major U.S. futures indices. Use it as a confirmation tool to improve market timing and decision-making.
ELHAI INDICES CHECKERDescription
The Major Indices Trend Checker is a powerful TradingView indicator designed to monitor the trend synchronization of the three major U.S. stock indices:
✅ S&P 500 (SPX)
✅ Nasdaq 100 (NDX)
✅ Dow Jones Industrial Average (DJI)
This indicator checks whether all three indices are bullish or bearish during each candle formation. If one of them is out of sync (e.g., two indices are bullish while one is bearish), the indicator triggers an alert and highlights the background in red, helping traders identify potential market indecision or divergence.
Key Features
📌 Live Market Monitoring – Works in real-time, updating dynamically with every tick.
📌 Bullish/Bearish Trend Check – Confirms if all three indices are aligned in the same trend.
📌 Mismatched Trend Detection – Alerts you when at least one index is not following the others.
📌 Custom Alerts – Set up TradingView alerts to notify you when a trend mismatch occurs.
📌 Visual Background Highlight – Red background indicates an out-of-sync market.
How It Works
The script retrieves open and close prices for SPX, NDX, and DJI.
Determines whether each index is bullish (close > open) or bearish (close < open).
If all three indices are bullish or all are bearish, it remains neutral.
If one index is out of sync, an alert is triggered and the background turns red.
How to Use
Apply the indicator to your TradingView chart.
Select any timeframe – it works on all intraday, daily, and higher timeframes.
Enable alerts: Go to Alerts → Create Alert, select "Trend Mismatch", and choose how often you want to be notified.
Use it with other indicators for confirmation, such as moving averages, RSI, or MACD.
Best Use Cases
✔ Day traders & scalpers – Spot market uncertainty early in the session.
✔ Swing traders – Identify moments when markets lack alignment before making a move.
✔ Trend followers – Avoid entering trades when major indices disagree on direction.
Final Notes
This indicator helps you stay ahead of market indecision by highlighting divergence among major indices. Use it as a confirmation tool alongside your strategy to improve your market timing and decision-making.
