Price Action Box - Improved with ATR*Unlocking Market Insights with the "Price Action Box - Improved with ATR" Indicator*
In the ever-evolving world of trading, having the right tools to analyze price action is crucial. The *"Price Action Box - Improved with ATR"* indicator is a powerful Pine Script™ tool designed to help traders identify key supply and demand zones, track swing highs and lows, and make informed decisions based on market structure. This article delves into the standout features of this indicator and how it can enhance your trading strategy.
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### *1. Dynamic Supply and Demand Zones*
The indicator identifies *supply and demand zones* using swing highs and swing lows, which are critical levels where price reversals are likely to occur. These zones are plotted as boxes on the chart, making them visually intuitive. The zones are dynamically adjusted based on the *Average True Range (ATR)*, ensuring they adapt to changing market volatility.
- *Supply Zones*: Represented by red boxes, these zones indicate areas where selling pressure may dominate.
- *Demand Zones*: Represented by green boxes, these zones highlight areas where buying pressure may emerge.
The ATR-based buffer ensures that the zones are neither too tight nor too wide, providing a balanced view of potential reversal areas.
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### *2. ATR-Enhanced Precision*
The inclusion of the *Average True Range (ATR)* is a game-changer. By incorporating ATR, the indicator adjusts the width of the supply and demand zones based on market volatility. This ensures that the zones remain relevant across different market conditions, whether the market is trending or ranging.
- *Box Width Multiplier*: Traders can customize the width of the zones using the ATR multiplier, allowing for flexibility based on individual trading styles.
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### *3. Swing Highs and Lows with Labels*
The indicator automatically detects *swing highs* and *swing lows* based on a user-defined length. These levels are crucial for understanding market structure and identifying potential reversal points.
- *Price Action Labels: Traders can enable labels to display whether a swing high is a **Higher High (HH)* or *Lower High (LH), and whether a swing low is a **Higher Low (HL)* or *Lower Low (LL)*. This feature provides additional context for trend analysis.
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### *4. Break of Structure (BOS) Detection*
One of the most advanced features of this indicator is its ability to detect *Break of Structure (BOS). When price breaks out of a supply or demand zone, the indicator marks this event with a **BOS label*, signaling a potential shift in market sentiment.
- *BOS for Supply Zones*: A break below a demand zone is marked as a bearish BOS.
- *BOS for Demand Zones*: A break above a supply zone is marked as a bullish BOS.
This feature helps traders identify key levels where the market may continue in the direction of the breakout.
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### *5. Moving Average Filter*
To further refine the signals, the indicator includes an optional *Moving Average (MA) filter*. When enabled, the indicator only plots supply and demand zones when the price is above (or below) the MA, ensuring alignment with the broader trend.
- *Customizable MA Length*: Traders can adjust the MA length to suit their trading timeframe and strategy.
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### *6. Visual Customization*
The indicator offers extensive customization options to suit individual preferences:
- *Zone Colors*: Traders can customize the colors of supply and demand zones, as well as their outlines.
- *POI Labels: The **Point of Interest (POI)* labels mark the midpoint of each zone, providing a clear reference for potential entry or exit points.
- *Label Text and Size*: All labels and text can be adjusted for size and color, ensuring clarity on the chart.
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### *7. Efficient Memory Management*
The indicator is designed to optimize performance by limiting the number of historical zones displayed. Traders can specify how many zones to keep on the chart, preventing clutter and ensuring focus on the most relevant levels.
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### *8. Multi-Timeframe Compatibility*
The "Price Action Box - Improved with ATR" indicator is compatible with all timeframes, making it suitable for scalpers, day traders, and swing traders alike. Whether you're analyzing a 1-minute chart or a daily chart, the indicator adapts seamlessly to your needs.
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### *Why This Indicator Stands Out*
The combination of *price action analysis, **ATR-based adjustments, and **advanced features like BOS detection* makes this indicator a must-have tool for traders. It not only simplifies the process of identifying key levels but also provides actionable insights that can be integrated into various trading strategies.
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### *How to Use It in Your Trading*
1. *Identify Key Zones*: Use the supply and demand zones to spot potential reversal areas.
2. *Monitor Breakouts*: Watch for BOS signals to confirm trend continuations.
3. *Filter with MA*: Use the MA filter to align zones with the prevailing trend.
Analisis Fundamental
RSI & RSI-MA Buy-Sell IndicatorThe RSI & RSI-MA Buy-Sell Indicator is a technical analysis tool designed to identify potential trading opportunities based on the Relative Strength Index (RSI) and its moving average (RSI-MA). The indicator provides clear buy and sell signals when specific conditions are met, helping traders make informed decisions.
How It Works
This indicator is based on two main components:
Relative Strength Index (RSI): Measures the strength and momentum of price movements.
RSI Moving Average (RSI-MA): A simple moving average of RSI values, used to smooth out volatility and confirm trends.
Trading Signals:
A buy signal occurs when the RSI crosses above 70 after previously being below 30, and the RSI-MA is above a predefined threshold.
A sell signal is generated when the RSI crosses below 30 after previously being above 70, and the RSI-MA is below the threshold.
Visual labels for "BUY" and "SELL" appear on the RSI chart rather than the price chart, making it easier to interpret the signals.
Alerts can be set to notify traders when a buy or sell condition is met.
Benefits of the Indicator
Clear Trading Signals: The indicator removes subjectivity by providing distinct buy and sell signals.
Enhanced Trend Confirmation: RSI-MA helps validate RSI movements, reducing false signals.
Customizable Inputs: Traders can adjust the RSI period, RSI-MA period, and reference level based on their strategy.
Efficient for Momentum Trading: Works well in volatile markets where RSI movements are pronounced.
Compatible with Alerts: Can send notifications when trading conditions are met, allowing traders to act swiftly.
Risks & Limitations
False Signals in Sideways Markets: RSI can generate misleading signals when the market lacks a clear trend.
Lagging Nature of Moving Averages: RSI-MA may cause a delay in signal generation compared to RSI alone.
Market Conditions Dependency: Works best in trending markets but may be unreliable during low volatility.
Not a Standalone Strategy: Should be used in conjunction with other indicators, fundamental analysis, and risk management techniques.
Overbought/Oversold Assumptions: Just because RSI reaches extreme levels doesn’t guarantee a reversal—prices can remain overbought/oversold for extended periods.
Conclusion
The RSI & RSI-MA Buy-Sell Indicator is a powerful tool for identifying momentum shifts and potential trade setups. However, like all technical indicators, it has limitations and should be used alongside other analysis techniques. Traders must implement proper risk management and avoid relying solely on RSI signals for trading decisions. With careful usage, this indicator can help enhance decision-making and improve trade timing in dynamic markets.
APER1APERTURAS mensual, semanal y diaria. Dichas aperturas se ven reflejadas mediante una línea que no se borra en el tiempo. Esto nos dán zonas de trading en time frame inferiores.
Auto Last Earnings AVWAP
This script provides an automated approach to tracking critical post-earnings price levels. You can add it to a chart and then flip through your watchlist to see the anchored AVWAPs without the need to do it manually one by one.
Core Features:
Automatically detects earnings dates and anchors VWAP calculations without manual input
Calculates volume-weighted average price specifically from the last earnings release
Identifies and visualizes significant earnings gaps between reporting periods
Volume-Based Signal Detection:
Monitors VWAP crosses with volume confirmation (requires 1.5x normal volume)
Labels high-volume breakouts with clear directional signals
Uses a 6-bar adaptive volume baseline to filter out noise
Practical Applications:
AVWAP anchored at earnings offers a great price support level that should be considered when deciding to buy/sell the stock. This script eliminates manual VWAP anchoring and reduces chart management time
Key Differentiators:
First note: coding VWAP anchoring in pine is more challenging that one would think. The source code is open to help other users and hopefully inspire different applications.
No need to manually anchor the VWAP
Draws earnings gap from earnings to earnings (if auto mode)
Detects breakouts through the AVWAP line
Enhanced Ultimate Gold Trading Indicatorplease make changes in scrip make it version 6
Sure! Let's update the script to Pine Script version 5 and make the necessary refinements for trading XAU/USD. I'll keep the buy and sell signals as specified.
Enhanced Ultimate Gold Trading Indicator (Pine Script v5)
pinescript
//@version=5
indicator("Enhanced Ultimate Gold Trading Indicator", shorttitle="EUGTI", overlay=true)
// Define MACD settings
macdShort = 12
macdLong = 26
macdSignal = 9
// Calculate MACD
= ta.macd(close, macdShort, macdLong, macdSignal)
// Calculate EMAs
ema50 = ta.ema(close, 50)
ema100 = ta.ema(close, 100)
// Calculate RSI
rsi = ta.rsi(close, 14)
// Calculate Bollinger Bands
bbBasis = ta.sma(close, 20)
bbUpper = bbBasis + 2 * ta.stdev(close, 20)
bbLower = bbBasis - 2 * ta.stdev(close, 20)
// Calculate VWAP
vwap = ta.vwap(close)
// Volume Profile calculations
vp = volume * close
// Additional Indicator: ATR (Average True Range) for volatility
atr = ta.atr(14)
// Buy signal: MACD line crosses above signal line, 50-day EMA crosses above 100-day EMA, RSI is below 30, price is at or near the lower Bollinger Band, price is above VWAP, and ATR is increasing
buySignal = ta.crossover(macdLine, signalLine) and ta.crossover(ema50, ema100) and rsi < 30 and close <= bbLower and close > vwap and atr > ta.atr(14)
// Sell signal: MACD line crosses below signal line, 50-day EMA crosses below 100-day EMA, RSI is above 70, price is at or near the upper Bollinger Band, price is below VWAP, and ATR is increasing
sellSignal = ta.crossunder(macdLine, signalLine) and ta.crossunder(ema50, ema100) and rsi > 70 and close >= bbUpper and close < vwap and atr > ta.atr(14)
// Plot MACD lines
plot(macdLine, color=color.blue, title="MACD Line")
plot(signalLine, color=color.orange, title="Signal Line")
// Plot EMAs
plot(ema50, color=color.green, title="50-Day EMA")
plot(ema100, color=color.red, title="100-Day EMA")
// Plot Bollinger Bands
plot(bbBasis, color=color.purple, title="BB Basis")
plot(bbUpper, color=color.purple, title="BB Upper")
plot(bbLower, color=color.purple, title="BB Lower")
// Plot VWAP
plot(vwap, color=color.yellow, title="VWAP")
// Plot Buy and Sell signals
plotshape(series=buySignal, location=location.belowbar, color=color.green, style=shape.labelup, text="Buy")
plotshape(series=sellSignal, location=location.abovebar, color=color.red, style=shape.labeldown, text="Sell")
Explanation:
MACD Calculation: The MACD line is the difference between the 12-period EMA and the 26-period EMA, with a 9-period EMA signal line.
Exponential Moving Averages (EMA): The 50-day and 100-day EMAs identify long-term trends.
RSI: Identifies overbought and oversold conditions for better entry and exit timing.
Bollinger Bands: Indicate price extremes and volatility.
VWAP: Shows the average price weighted by volume, providing additional confirmation.
Average True Range (ATR): Measures market volatility. Increasing ATR indicates higher volatility, which can confirm strong price movements.
Buy Signal: Triggered when the MACD line crosses above the signal line, the 50-day EMA crosses above the 100-day EMA, the RSI is below 30 (oversold), the price is at or near the lower Bollinger Band, the price is above VWAP, and the ATR is increasing.
Sell Signal: Triggered when the MACD line crosses below the signal line, the 50-day EMA crosses below the 100-day EMA, the RSI is above 70 (overbought), the price is at or near the upper Bollinger Band, the price is below VWAP, and the ATR is increasing.
How to Use:
Buy Signal: Consider entering a long position (buying gold) when you see a green "Buy" signal.
Sell Signal: Consider exiting a long position or entering a short position (selling gold) when you see a red "Sell" signal.
Intelligent Buy/Sell Prediction Based on 80 Candles hassan shahthis indicator can obserev last 79 candles by their volum and patrens and after evulating last 80 candles its shows their future move
SCALPING STRATEGY//@version=5
strategy("High Probability Scalping Strategy", overlay=true)
// Indicators
emaFast = ta.ema(close, 9)
emaSlow = ta.ema(close, 21)
vwap = ta.vwap(close)
=
macdLine = ta.ema(close, 12) - ta.ema(close, 26)
signalLine = ta.ema(macdLine, 9)
bbMiddle = ta.sma(close, 20)
bbUpper = bbMiddle + (ta.stdev(close, 20) * 2)
bbLower = bbMiddle - (ta.stdev(close, 20) * 2)
// Buy Entry Conditions
buyCondition = ta.crossover(emaFast, emaSlow) and close > vwap and rsiValue > rsiSignal and macdLine > signalLine
if (buyCondition)
strategy.entry("Long", strategy.long)
// Sell Entry Conditions
sellCondition = ta.crossunder(emaFast, emaSlow) and close < vwap and rsiValue < rsiSignal and macdLine < signalLine
if (sellCondition)
strategy.entry("Short", strategy.short)
// Stop Loss & Take Profit
strategy.exit("Exit Long", from_entry="Long", loss=10, profit=20)
strategy.exit("Exit Short", from_entry="Short", loss=10, profit=20)
ELISAThe indicator uses Bollinger Bands with various moving average types. The strategy rules are to go long when the price closes above the upper band and close the long when it closes below the lower band. So, the entry and exit conditions are based on the close relative to the bands.
Financial and Pricing ReferencesIt gathers essential data from TradingView, processes and filters it, and presents it in a structured format on the screen. Additionally, it highlights Pivot, Support, and Resistance levels.
Using the Graham Number, Dividend Ratio, and market analyst data, it calculates the fair value and displays the maximum price to pay directly on the chart.
O'Neil Earnings StabilityO'Neil Earnings Stability Indicator
This indicator implements William O'Neil's earnings stability analysis, a key factor in identifying high-quality growth stocks. It measures both earnings stability (1-99 scale) and growth rate.
Scale Interpretation:
• 1-25: Highly stable earnings (ideal)
• 26-30: Moderately stable
• >30: More cyclical/less dependable
The stability score is calculated by measuring deviations from the earnings trend line, with lower scores indicating more consistent growth. Combined with the annual growth rate (target ≥25%), this helps identify stocks with both steady and strong earnings growth.
Optimal Criteria:
✓ Stability Score < 25
✓ Annual Growth > 25%
This tool helps filter out stocks with erratic earnings patterns and identify those with proven, sustainable growth records. Green label indicates both criteria are met; red indicates one or both criteria failed."
Would you like me to modify any part of this description or add more details about specific aspects of the calculation?
The key concepts in these calculations:
Stability Score (1-99 scale):
Lower score = more stable
Takes average deviation from mean earnings
Uses logarithmic scaling to emphasize smaller deviations
Multiplies by 20 to get into 1-99 range
Score ≤ 25 meets O'Neil's criteria
Growth Rate:
Year-over-year comparison (current quarter vs same quarter last year)
Calculated as percentage change
Growth ≥ 25% meets O'Neil's criteria
O'Neil's Combined Criteria:
Stability Score should be ≤ 25 (indicating stable earnings)
Growth Rate should be ≥ 25% (indicating strong growth)
Both must be met for ideal conditions
Pre-Pump Alert Systemdesigned to identify potential pre-pump opportunities in cryptocurrencies by scanning for specific technical conditions. It combines multiple indicators and conditions to alert you when certain criteria are met, signaling a possible price movement. Here's a detailed breakdown of what your script does:
Key Features of the Script
RSI (Relative Strength Index) Conditions:
Detects when the RSI crosses below 35 (oversold condition) or above 75 (overbought condition).
These levels indicate potential reversal points or local tops/bottoms.
MACD (Moving Average Convergence Divergence) Crossover:
Identifies MACD crossovers on the 4-hour timeframe.
A bullish crossover (MACD line crossing above the signal line) suggests potential upward momentum.
Volume Spikes:
Detects when the current volume is >150% of the 24-hour average volume.
Volume spikes often indicate increased interest and potential price movement.
Price Touching Key EMAs (Exponential Moving Averages):
Monitors when the price touches or crosses key EMAs: 13, 48, and 200.
These EMAs act as dynamic support/resistance levels.
Bollinger Band Squeeze:
Identifies when the Bollinger Bands narrow significantly (a squeeze).
A squeeze often precedes a breakout or strong price movement.
Breakout of Key Support/Resistance Levels:
Alerts when the price breaks above a resistance level or below a support level with volume confirmation.
This indicates a potential trend continuation or reversal.
CRYPTO Wall Street HoursAdjust to your Time.
Use with 8h Chart.
Shows only bars of WALLSTREET hours.
VDM Cipher (BTC+ALT)Анализирует ключевые метрики и помогает выявлять оптимальные моменты для сделок.
🔹 Идеально подходит для трейдинга BTC и альткоинов
🔹 Гибкий, адаптивный и надежный
🔹 Разработан с учетом реальных рыночных условий
🔥 Важно! В течение 60 дней индикатор будет активно дорабатываться!
🔜 Следующее обновление:
✅ Автоматическое определение уровней поддержки и сопротивления
✅ Учёт объёмов для ещё большей точности
✅ Связка всех данных для создания мощных сигналов
✅ Автооповещения о возможных входах в Лонг и Шорт
Custom MAFACustom indicator of fang stocks to track other similar ETF's and see fi there are any arbitrage opportunities.
NVN FVG Buy/Sell ZonesThis TradingView Pine Script identifies Fair Value Gaps (FVGs) based on volume conditions and marks the first retracement into those zones. It detects bullish and bearish FVGs by checking if the middle candle’s volume higher than the first and last candles and above the 6-period moving average. The script highlights Sell FVGs in red and Buy FVGs in green while labeling the first retracement into each zone. Additionally, it filters signals to appear only before 2 PM Indian market time for better trade relevance.
Price Ratio of Two StocksFormula that plots the price ratio between two stocks.
Price ratio defined as: Price of stock 1/Price of stock 2
If the ratio increases, it means stock 1 is becoming more expensive relative to stock 2, and vice versa.
SPDR Sectors█ OVERVIEW
This script is an interactive and customizable SPDR Sectors Indicator designed to monitor and analyze the performance of the 11 main sectors of the S&P 500 using sector-specific ETFs. The script provides a dynamic table for tracking daily or periodic sector movements, making it an essential tool for traders, analysts, and investors implementing sector rotation strategies.
█ DEFINITIONS
SPDR Sectors ETFs are exchange-traded funds managed by State Street Global Advisors that divide the S&P 500 into the following 11 sectors:
- Communication Services (XLC)
- Consumer Discretionary (XLY)
- Consumer Staples (XLP)
- Energy (XLE)
- Financials (XLF)
- Health Care (XLV)
- Industrials (XLI)
- Materials (XLB)
- Real Estate (XLRE)
- Technology (XLK)
- Utilities (XLU)
These ETFs aim to replicate the performance of their respective sectors as defined by the Global Industry Classification Standard (GICS). The funds are periodically rebalanced to match changes in the S&P 500, offering an accurate reflection of sectoral trends.
█ INDICATOR
The script provides a table displaying the ticker and its corresponding sector name in official GICS terminology, using the SPDR official color. Additionally, it shows the percentage performance, calculated daily for intraday charts or according to the chart's time frame.
The table can be sorted in ascending or descending order, based on either performance or the weight of the ETFs in the S&P 500, which can be manually updated using data retrieved from www.sectorspdrs.com
Bakır/Altın Oranıabout makro"s work conditions ; if the line is decreasing , folks would like to see more secure , if the line is going up , means that workin conditions growing , and demand for the basic element is growing up .
Bitcoin Marketcap to Thermocap ratioA crypto fundamental indicator, calculating by dividing the total capitalization of the BTC
by the cumulative sum of the BTC mined up to now.