Balance Price Range (BPR) IndicatorOverview
The BPR with Directional Momentum-Filtered Breakouts indicator is designed to identify Balanced Price Ranges (BPR) and d etect high-probability breakouts and breakdowns with directional momentum confirmation . By leveraging historical BPR structures, EMA-based momentum filtering , and a trade cooldown mechanism , this script provides a structured approach to identifying potential trading opportunities while reducing false signals.
This invite-only indicator is ideal for traders who seek precise breakout confirmation, reduced noise, and trend-following logic while maintaining flexibility through adjustable parameters.
How It Works
The script follows a multi-step breakout detection process by integrating multiple key technical components:
1. Balanced Price Range (BPR) Detection:
• A Balanced Candle is identified when the price remains within a specific percentage of its range midpoint.
• These BPR zones represent areas of equilibrium , where a breakout or breakdown is likely to occur.
• The script historically tracks BPR levels across the entire chart to monitor price action around key areas.
2. Momentum-Filtered Breakout & Breakdown Logic:
• Bullish Breakout: Occurs when the price breaks above the historical BPR high with bullish momentum.
• Bearish Breakdown: Occurs when the price breaks below the historical BPR low with bearish momentum.
• Momentum Confirmation: Each breakout requires a strong directional move, measured against the Exponential Moving Average (EMA) .
• Only confirmed breakouts are marked, reducing the likelihood of false signals in choppy markets.
3. Candle-Based Background Visualization:
• Grey Background: Represents a Balanced Price Range (BPR), indicating potential breakout zones.
• Green Background: Indicates a Bullish Breakout when the price successfully breaks and holds above the BPR high.
• Red Background: Indicates a Bearish Breakdown when the price drops below the BPR low.
4. Trade Cooldown Mechanism:
• Prevents consecutive signals from triggering too frequently.
• Default cooldown period: 5 bars (adjustable).
• Ensures that trades are not clustered, improving signal quality.
5. EMA for Trend Direction & Confirmation:
• A 20-period EMA (default, adjustable) is used to confirm trade direction.
• Breakouts above the EMA align with uptrend continuation.
• Breakdowns below the EMA align with downtrend momentum.
Key Features
✔️ Historical BPR Detection – Tracks past BPR levels across the entire chart for structured breakout zones.
✔️ Momentum-Based Breakouts – Ensures breakouts are confirmed by directional price movement before generating signals.
✔️ Candle-Based Background Logic – Subtle candle highlights rather than full background fills, for better chart clarity.
✔️ Trade Cooldown Period – Prevents consecutive buy/sell signals within a defined period, improving signal efficiency.
✔️ Dynamic EMA Confirmation – Ensures trades align with the overall trend, reducing counter-trend trades.
✔️ Customizable Inputs – Adjust breakout thresholds, EMA length, and cooldown periods as per trading style.
✔️ Works Across Multiple Timeframes – Can be applied to intraday, swing, and positional trading strategies.
How to Use
1. Look for Balanced Price Ranges ( BPR )
• These zones highlight equilibrium areas where price is likely to break out.
• Grey-shaded candles indicate potential breakout zones.
2. Monitor for Bullish or Bearish Breakouts
• A green candle background signals a bullish breakout above BPR.
• A red candle background signals a bearish breakdown below BPR.
• The EMA filter helps confirm whether the breakout aligns with the prevailing trend.
3. Follow the Cooldown Logic
• After a breakout signal, wait for the cooldown period before another trade is allowed.
• This helps filter out noisy price action and prevents excessive trading.
4. Use Alongside Other Indicators
• Works well with volume analysis, support/resistance levels, and price action strategies.
• Can be combined with other momentum indicators for further trade confirmation.
Why This Combination?
Unlike generic breakout indicators, this script uniquely combines:
• BPR historical structures for defining potential breakout zones.
• Momentum-based breakout filtering using EMA confirmation.
• Trade cooldown logic to avoid excessive trading signals.
• Subtle candle-based highlights instead of cluttered full-background fills.
This structured approach makes the indicator more robust, adaptive, and reliable in different market conditions.
Why It’s Worth Using?
🔹 Avoid False Breakouts: Built-in momentum confirmation prevents weak or fake breakouts.
🔹 Clean Visualization: No excessive overlays—just precise, meaningful background coloring for breakouts.
🔹 Works in Any Market: Use on stocks, crypto, forex, indices, and commodities across different timeframes.
🔹 User-Friendly & Customizable: Fine-tune parameters to match individual trading styles.
⚠️ Note: This is an Invite-Only script. Access is granted to selected users.
✅ If you find it useful, consider incorporating it into your trend-following & breakout trading strategies.
🚀 Optimize your trading with structured breakout detection! 🚀
Osilator
Otoforex - RSI - Buy Sell Signals📉📈 اندیکاتور RSI اتوفارکس
این اندیکاتور برای تشخیص نقاط خرید و فروش در بازار از ابزار محبوب RSI استفاده می‌کند:
🔴 خط بالایی (Upper) و خط پایینی (Lower) محدوده‌های اضطراری بازار را مشخص می‌کنند.
📉 زمانی که قیمت از پایین خط پایینی عبور کند، نشان‌دهنده یک فرصت خرید است.
📈 زمانی که قیمت از بالا خط بالایی عبور کند، سیگنال فروش می‌دهد.
RSI (شاخص قدرت نسبی):
📊 این ابزار قدرت و ضعف روند را در بازار تحلیل می‌کند.
🔴 وقتی RSI بالای سطح 80 باشد، بازار اشباع خرید است و ممکن است زمان فروش باشد.
🟢 وقتی RSI زیر سطح 25 باشد، بازار اشباع فروش است و ممکن است زمان خرید باشد.
💡 سیگنال‌های خرید و فروش:
✅ سیگنال خرید زمانی ایجاد می‌شود که قیمت از خط پایینی عبور کند و RSI نیز وارد محدوده اشباع فروش (زیر 25) شود.
❌ سیگنال فروش زمانی نمایش داده می‌شود که قیمت از خط بالایی عبور کند و RSI به بالای 80 برسد.
🔔 هشدارها:
این اندیکاتور قابلیت ارسال هشدار به شما را هنگام ایجاد سیگنال خرید و فروش دارد تا هیچ فرصتی را از دست ندهید!
RSI Deviation OscillatorThis Oscillator measures the %B of the RSI with a length of 14 Periods . This means: the current position of the RSI relative to its 20-period Simple Moving Average. Values above 1 are above the upper Bollinger Band (2 StdDev) and can be considered overbought, values below 0 are below the Lower Bollinger Band and can be considered oversold.
⚠️ Important info: ⚠️
Do not use the indicator on its own. No indicator is magic. Only use in confluence with other price action methods.
✅ Recommendations: ✅
Use the Indicator for Exits, not Entries.
Keep BB length at 20, or:
10 for quick info on where the price currently stands
50 for the bigger picture and less noise
Works best with:
Support & Resistance Levels
Bollinger Bands on the Chart
Combination with the Standard RSI
MACD Highs and Lows - Dynamic Support & ResistanceDescription:
Enhance your trading strategy with the MACD Highs and Lows indicator, designed to identify dynamic support and resistance levels based on MACD crossovers. This tool plots key price levels triggered by shifts in MACD momentum, helping traders spot potential reversal zones, breakout points, and trend confirmation signals.
Key Features
Dynamic Levels: Automatically plots recent highs/lows when MACD crosses above/below the zero line.
Customizable MACD Parameters:
Adjustable fast/slow lengths (default: 12/26).
Choose between SMA or EMA for oscillator/signal line.
Flexible signal smoothing (1-50 periods).
Visual Clarity:
Clear green/red lines for highs and lows.
Tracks both price extremes and adjacent candle levels (e.g., high-of-low-bar, low-of-high-bar).
Multi-Timeframe Utility: Works across charts for swing trading, scalping, or trend analysis.
How It Works
Bullish Signal: When MACD crosses above zero, the indicator marks the recent lowest low (support) and its corresponding high.
Bearish Signal: When MACD crosses below zero, it plots the recent highest high (resistance) and its corresponding low.
Levels persist until the next crossover, creating actionable reference zones.
Use Cases
Trend Confirmation: Validate breakouts when price closes above/below plotted levels.
Stop Loss Placement: Set stops beyond recent dynamic highs/lows.
Divergence Detection: Spot discrepancies between MACD momentum and price action.
Settings Tips:
Increase Fast Length for responsiveness or Slow Length for smoother signals.
Use EMA for faster reactions, SMA for reduced noise.
Manipulator [ST]Manipulator is a technical analysis indicator that reflects the balance between bullish and bearish forces. Below are its components and functionalities:
1. Trend: The oscillator detects the market trend by crossing the 0 level. Values above zero are considered a bullish trend, while values below zero indicate a bearish trend.
2. Manipulation Zones:
Bullish Manipulation Zone: Values above 70.
Bearish Manipulation Zone: Values below -70.
These manipulation zones are identified when the oscillator reaches extreme levels and volume diverges from price. On the other hand, if volume follows the same trend as price, it is considered a strong trend.
3. Signals: Although it was not initially designed to generate signals, the indicator can do so by crossing with a moving average. For better visualization, you can activate the histogram.
4. Alerts: You can set up alerts for trends, manipulation zones, and signals, making it easier to monitor the market.
Fountain of gold TMP23 Feb 2025
This is fountain of gold setup inspired from Japanese teaching of ichimoku and western teaching of RSI, MACD, RS and Rate of change.
Trend
1)Long term trend is defined by average of 52 period high and low with offset of 25 which is equal to Span B of Ichimko denoted by orange line.
2)Medium term trend is defined by exponential moving average of 52 period low denoted by red line.
3) Short term trend is defined by background which is green when close greater than conversion line and basis line of ichimoku and red when close is below conversion line and basis line.
Momemtum
1) Long term Momentum is defined as bullish when conversion line is greater than Span B line of ichimoku
2) Meduim term Momentum is defined as bullish when signal 1 of sma of period 7 of MACD is greater than signal 2 of sma of period 21 MACD. (here standard MACD is used)
3) Short term Momentum is defined as bullish when MACD is greater than previous period MACD
Price Action
Price Action is formed by two candle and is full green when
1) current OHLC is greater than average of OHLC 1 period ago and 2 period ago and
2) average of OHLC 1 period ago and 2 period ago is greater than average of OHLC 9 period ago and 10 period ago.
in case of full red condition are reverse in order.
RSI Three Factor
1) RSI of 12 period greater than simple moving average of that RSI of 12 period
2) RSI is above Slow Rsi
3) Rsi Cloud is green for bullish
Relative Strength status
1) Relative Strength of period 17 is comparing symbol to benchmark
Speed Score
it is defined by rate of change for close comparing to average of ohlc 9 and 10 period ago
RSI Alerts – Live & ConfirmedThe RSI Alerts – Live & Confirmed indicator enhances the traditional Relative Strength Index (RSI) by providing real-time alerts and confirmed breakout signals when RSI reaches key levels. It also features a dynamic RSI line color change for better visualization.
Key Features:
✅ Live & Confirmed Alerts:
Live Alert Mode: Triggers when RSI touches overbought (70) or oversold (30).
Confirmed Alert Mode: Triggers only when RSI closes above/below these levels, reducing false signals.
✅ Dynamic RSI Line Coloring:
Above 70: RSI turns green, indicating an overbought condition.
Below 30: RSI turns red, indicating an oversold condition.
Between 30 and 70: RSI remains blue, its normal color, ensuring no color leaks into invalid zones.
✅ Customizable RSI Settings:
Adjustable RSI length, overbought/oversold levels, and alert preferences.
Mid-Level (50) line for trend bias reference.
This indicator is perfect for traders who rely on RSI signals and want clear visual cues and real-time alerts for improved decision-making.
REVOLD-TECH-ANALYZER with Buy/Sell Signals
🔍 Overview:
This Pine Script v5 indicator is designed to provide accurate Buy/Sell signals based on multiple technical analysis indicators. It combines trend-following, momentum, volume analysis, and candlestick patterns to filter out false signals and provide reliable trade opportunities.
📊 Features:
Moving Averages:
Simple Moving Average (SMA) – Basic trend indicator.
Exponential Moving Average (EMA) – Reacts faster to price changes.
Volume-Weighted Moving Average (VWMA) – Confirms trend strength based on volume.
MACD (Moving Average Convergence Divergence):
Used to determine trend momentum.
Buy signals occur when MACD Line crosses above the Signal Line.
Sell signals occur when MACD Line crosses below the Signal Line.
Ichimoku Cloud:
Conversion Line & Base Line are used for additional trend confirmation.
Lead Lines 1 & 2 form the Ichimoku cloud (Kumo) for identifying key resistance and support zones.
Bollinger Bands:
Helps identify overbought and oversold conditions.
Buy when price is near lower band.
Sell when price is near upper band.
Candlestick Pattern Detection (Engulfing Patterns):
Bullish Engulfing: Strong reversal signal in an uptrend.
Bearish Engulfing: Indicates a potential downward reversal.
Volume Confirmation:
Engulfing patterns are only validated when volume increases, reducing false signals.
🚀 How the Buy/Sell Signals Work:
✅ Buy Signal:
EMA crosses above SMA.
MACD histogram is positive.
Price is above VWMA (confirming trend strength).
OR a Bullish Engulfing pattern occurs with high volume.
❌ Sell Signal:
EMA crosses below SMA.
MACD histogram is negative.
Price is below VWMA (confirming trend weakness).
OR a Bearish Engulfing pattern occurs with high volume.
📈 Visualization:
Buy Signals: Green "BUY" labels appear below bars.
Sell Signals: Red "SELL" labels appear above bars.
Buy Zone: Background turns light green when a buy signal is active.
Sell Zone: Background turns light red when a sell signal is active.
Trend Lines: SMA, EMA, VWMA, MACD, and Ichimoku Cloud are plotted for better trend identification.
🛠️ Customization:
All indicator lengths (SMA, EMA, VWMA, MACD, Ichimoku, Bollinger Bands) can be adjusted via input settings.
Buy/Sell conditions are adaptable by modifying pattern validation, MACD settings, or volume thresholds.
🎯 Use Case:
Day traders & Swing traders: Identifies optimal entry & exit points.
Long-term investors: Helps in trend identification and risk management.
Scalpers: Can be used on lower timeframes by tweaking settings.
🔥 Conclusion:
This REVOLD-TECH-ANALYZER script provides an all-in-one trading system, combining trend, momentum, volume, and candlestick pattern analysis to generate high-confidence Buy/Sell signals. 🚀
YOYOKE FEB 2025YOYOKE Indicator is a technical analysis tool used in trading to measure the relative strength of a financial asset. It is a modified version of the standard Relative Strength Index (RSI), featuring color-coded signals to indicate different market conditions, such as overbought, oversold, or neutral zones. The color changes help traders quickly interpret RSI trends and make informed trading decisions.
ATLAS RSIOverview:
The Atlas RSI indicator is a custom Relative Strength Index tool created with Pine Script v5 for TradingView. It computes the RSI using a smoothed gain/loss method and enhances its utility with several advanced visual features, including optional moving averages, horizontal reference lines, gradient fills, and dynamic sentiment tables.
Key Features:
RSI Computation:
The indicator calculates the RSI by smoothing both the positive and negative price changes, providing a more responsive RSI value.
Moving Average Overlay:
Optionally, a moving average of the RSI can be displayed. You can select from multiple MA types (SMA, EMA, RMA, WMA, VWMA) to suit your analysis style.
Horizontal Reference Lines & Gradient Fills:
Reference Lines:
Several horizontal lines mark key levels on the RSI scale:
Upper Band (60): A reference for when the RSI moves toward overbought territory.
Lower Band (40): Indicates proximity to oversold conditions.
Additional mid-levels (50, 55, 45, etc.) provide more granular insight into RSI fluctuations.
Gradient Fills:
Visual gradient fills are applied between these levels:
A green gradient between 90 and 60 highlights overbought regions.
A red gradient between 40 and 10 emphasizes oversold areas.
A neutral gray fill between 40 and 60 outlines the mid-range zone.
Sentiment Tables:
Bottom Right Table:
Displays the current Atlas RSI value, offering an at-a-glance view of the indicator’s level.
Top Right Table (Sentiment Indicator):
A dynamic table shows market sentiment:
A Bull Symbol (🐂) appears when the RSI is falling from high levels (indicating potential long exit signals).
A Bear Symbol (🐻) is shown when the RSI is rising from low levels (indicating potential short exit signals).
A Scale Symbol (⚖️) is displayed if neither condition is met, signifying a balanced market.
Alerts:
The script includes built-in alert conditions to notify you when RSI behavior suggests potential long or short trade exits.
Usage & Disclaimer:
This indicator is provided for educational and analytical purposes only and does not constitute financial advice. Trading involves risks; always combine this tool with your own analysis and proper risk management practices.
RSI SMA Cross Sell SignalRSI (14) is less than the SMA 50 of the RSI (14) and the SMA 9 of the RSI (14) crosses below the RSI (14). The sell signal will be displayed on the chart.
RSI Profit SniperDescription of the "RSI Profit Sniper" Indicator - t.me/ProfitISniper
The "RSI Profit Sniper" indicator is a trading tool based on the Relative Strength Index (RSI) that helps traders identify potential entry and exit points in financial markets. This indicator uses overbought and oversold conditions to generate buy and sell signals. Below is a detailed breakdown of its functionality.
Key Components of the Indicator:
RSI (Relative Strength Index):
RSI is an oscillator that measures the speed and magnitude of price movements over a specified period.
RSI values range from 0 to 100.
It is commonly used to detect overbought and oversold conditions of an asset.
Configuration Parameters:
RSI Length:
The user can set the number of bars (periods) for RSI calculation. The default value is 14.
Upper Threshold (Overbought Level):
The level above which the asset is considered overbought. The default value is 70.
Lower Threshold (Oversold Level):
The level below which the asset is considered oversold. The default value is 30.
How the Indicator Works:
RSI Calculation:
The indicator calculates the RSI value for each bar based on the specified period (rsiLength).
Signal Generation:
Buy Signal:
Triggered when the RSI line crosses the oversold level (lowerThreshold) from below. This indicates that the asset may be undervalued and ready for an upward move.
Sell Signal:
Triggered when the RSI line crosses the overbought level (upperThreshold) from above. This indicates that the asset may be overvalued and ready for a correction.
Signal Visualization:
Buy Signal: Displayed as a green label with the text "BUY" below the price chart.
Sell Signal: Displayed as a red label with the text "SELL" above the price chart.
Alerts:
The indicator provides three types of alerts:
BUY Alert: Triggered when a buy signal appears.
SELL Alert: Triggered when a sell signal appears.
General Alert: Triggered for any signal (buy or sell).
How to Use the Indicator:
Parameter Adjustment:
Traders can adjust the RSI period, overbought, and oversold levels according to market conditions and their trading strategy.
Analyzing Signals:
When a buy signal ("BUY") appears, traders can consider opening a long position.
When a sell signal ("SELL") appears, traders can consider closing a long position or opening a short one.
Filtering False Signals:
Although RSI is a powerful tool, it can produce false signals, especially in highly volatile or trending markets.
It is recommended to use additional indicators or analysis methods (e.g., trend lines, volume, candlestick patterns) to confirm signals.
Advantages of the Indicator:
Ease of Use: The indicator provides clear buy and sell signals.
Customizability: Users can tailor parameters to suit their preferences and trading conditions.
Automation: The ability to set up alerts allows traders to receive notifications about signals even outside trading hours.
Limitations of the Indicator:
False Signals: In sideways or strongly trending markets, RSI may generate many false signals.
Lagging Nature: Since RSI is based on historical data, it may lag behind changes in market conditions.
Need for Filtering: To improve accuracy, it is advisable to combine its use with other analysis tools.
Conclusion:
The "RSI Profit Sniper" indicator is a valuable tool for traders seeking a simple and effective way to identify potential entry and exit points based on overbought and oversold conditions. However, it is important to remember that no indicator guarantees 100% accuracy. Therefore, it is recommended to combine its use with other analysis methods to make informed decisions.
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Описание индикатора "RSI Profit Sniper" - t.me/ProfitISniper
Индикатор "RSI Profit Sniper" представляет собой торговый инструмент, основанный на индексе относительной силы (RSI), который помогает трейдерам определять потенциальные точки входа и выхода на финансовых рынках. Этот индикатор использует перекупленность и перепроданность актива для генерации сигналов о покупке и продаже. Давайте рассмотрим его функционал подробно.
Основные компоненты индикатора:
RSI (Relative Strength Index):
RSI — это осциллятор, который измеряет скорость и изменение ценового движения за заданный период времени.
Значения RSI колеблются в диапазоне от 0 до 100.
Обычно используется для выявления состояний перекупленности и перепроданности актива.
Параметры конфигурации:
RSI Length (Длина периода RSI):
Пользователь может настроить количество баров (периодов) для расчета RSI. По умолчанию установлено значение 14.
Upper Threshold (Уровень перекупленности):
Уровень, выше которого актив считается перекупленным. По умолчанию установлено значение 70.
Lower Threshold (Уровень перепроданности):
Уровень, ниже которого актив считается перепроданным. По умолчанию установлено значение 30.
Логика работы индикатора:
Расчет RSI:
Индикатор вычисляет значение RSI для каждого бара на основе указанного периода (rsiLength).
Генерация сигналов:
Buy Signal (Сигнал на покупку):
Срабатывает, когда линия RSI пересекает уровень перепроданности (lowerThreshold) снизу вверх. Это указывает на то, что актив может быть недооценен и готов к росту.
Sell Signal (Сигнал на продажу):
Срабатывает, когда линия RSI пересекает уровень перекупленности (upperThreshold) сверху вниз. Это указывает на то, что актив может быть переоценен и готов к коррекции.
Визуализация сигналов:
Buy Signal: Отображается как зеленая метка с текстом "BUY" под ценовым графиком.
Sell Signal: Отображается как красная метка с текстом "SELL" над ценовым графиком.
Оповещения:
Индикатор предоставляет три типа оповещений:
BUY Alert: Срабатывает при появлении сигнала на покупку.
SELL Alert: Срабатывает при появлении сигнала на продажу.
General Alert: Срабатывает при любом сигнале (покупка или продажа).
Как использовать индикатор:
Настройка параметров:
Трейдер может настроить период RSI, а также уровни перекупленности и перепроданности в зависимости от рыночных условий и стратегии торговли.
Анализ сигналов:
Когда появляется сигнал на покупку ("BUY"), трейдер может рассматривать возможность открытия длинной позиции.
Когда появляется сигнал на продажу ("SELL"), трейдер может рассматривать возможность закрытия длинной позиции или открытия короткой.
Фильтрация ложных сигналов:
Хотя RSI является мощным инструментом, он может давать ложные сигналы, особенно в условиях высокой волатильности или трендового движения.
Рекомендуется использовать дополнительные индикаторы или методы анализа (например, трендовые линии, объемы, свечные модели) для подтверждения сигналов.
Преимущества индикатора:
Простота использования: Индикатор предоставляет четкие сигналы на покупку и продажу.
Настраиваемость: Пользователь может адаптировать параметры под свои предпочтения и условия торговли.
Автоматизация: Возможность настройки оповещений позволяет получать уведомления о сигналах даже вне рабочего времени.
Ограничения индикатора:
Ложные сигналы: В условиях флэтового рынка или сильных трендов RSI может давать много ложных сигналов.
Задержка: Поскольку RSI основан на исторических данных, он может запаздывать при изменении рыночной ситуации.
Необходимость фильтрации: Для повышения точности рекомендуется использовать дополнительные инструменты анализа.
Заключение:
Индикатор "RSI Profit Sniper" является полезным инструментом для трейдеров, которые ищут простой и эффективный способ определения потенциальных точек входа и выхода на основе состояния перекупленности и перепроданности актива. Однако важно помнить, что никакой индикатор не гарантирует 100% точности, поэтому рекомендуется сочетать его использование с другими методами анализа для принятия обоснованных решений.
Serum Oscillator [ST]Serum Oscillator is an advanced technical indicator. This indicator combines several techniques and algorithms to provide traders with a robust tool for analyzing and predicting market movements. The indicator is not just an oscillator, but also includes functionalities for detecting divergences, mining flow, custom alerts, and more. Below is a detailed description of its features, components, and functionalities.
Characteristics
1. Oscillator and Signal: the indicator has a moving line that acts as a signal to determine the state of the market, whether bullish or bearish. In addition, this moving line can be switched between different types for greater accuracy, allowing it to better suit the trader's style.
2. Modes: the indicator has three modes to adapt to the market. Fast, Normal and Slow. The user can choose the mode that best suits his strategy. Fast mode generates very early signals, perfect for getting ahead of the market; however, it can also generate a greater number of false crosses. Slow mode generates fewer signals, perfect for filtering range zones.
3. Overbought and Oversold Levels: the indicator generates signals between values 0 and 100, for this reason it can be speculated that values 70 and 30 are overbought and oversold levels respectively; however, these levels can vary according to the modes. For this reason we designed the dynamic bands.
4. Multi Timeframe: Can observe data from a different time frame than the current chart. You will be able to observe the state of the oscillator and the direction.
5. Trend Catcher: tool to detect the market trend according to the indicator. Ideal for filtering false crossovers and trading in favor of the trend.
6. Smart Flow: Money flow optimized with AI to detect the overall money flow. Ideal for detecting trends. Additionally, you will be able to visualize the convergences between smart flow and the oscillator to operate in favor of the price trend. You can also activate thresholds, to detect when there is really a large monetary flow.
7. Divergences: Real-time detection of divergences to identify possible reversal zones. The user can adjust the sensitivity.
8. Alerts: Programmable alerts to automate the detection of various price conditions according to the indicator.
> This indicator is a comprehensive technical tool that provides traders with multiple capabilities to analyze market trends and reversals. Its combination of different types of smoothing and adaptive functions, along with the detection of divergences, trend lines, and custom alerts, makes it a powerful and versatile indicator for trading decision-making. The customization of its parameters and the depth of its calculations offer users a significant advantage in interpreting market data, facilitating more precise understanding and timely action in their trading operations.
Multi-Timeframe Stochastic Table**Description:**
The **Multi-Timeframe Stochastic Table** indicator is a powerful tool designed to provide traders with a comprehensive view of the Stochastic Oscillator across multiple timeframes in a single, easy-to-read table. This indicator is particularly useful for traders who rely on multi-timeframe analysis to make informed trading decisions.
### Key Features:
- **Customizable Timeframes:** The indicator allows you to select up to six different timeframes to monitor simultaneously. You can enable or disable each timeframe according to your trading strategy.
- **Stochastic Oscillator Calculation:** The Stochastic Oscillator is calculated for each selected timeframe, providing both the %K value and its direction (up or down). This helps you quickly identify overbought or oversold conditions across different timeframes.
- **Dynamic Table Display:** The table dynamically updates to show the Stochastic values and their directions for each timeframe. The table's position on the chart can be customized to suit your preference (Top Right, Top Left, Bottom Right, or Bottom Left).
- **Color-Coded Rows:** Each row in the table is color-coded, making it easy to distinguish between different timeframes at a glance. The direction of the Stochastic (%K) is also color-coded (green for upward and red for downward), providing a quick visual cue.
- **Flexible Inputs:** The indicator offers customizable inputs for the Stochastic length, %K smoothing, and %D smoothing, allowing you to tailor the indicator to your specific trading style.
### How to Use:
1. **Select Timeframes:** Choose the timeframes you want to monitor by enabling or disabling them in the inputs. You can select from a range of timeframes, including 1 minute, 5 minutes, 15 minutes, 30 minutes, 1 hour, and 4 hours.
2. **Customize Stochastic Settings:** Adjust the Stochastic length, %K smoothing, and %D smoothing to fit your trading strategy.
3. **Position the Table:** Select the desired position for the table on your chart (Top Right, Top Left, Bottom Right, or Bottom Left).
4. **Analyze the Data:** The table will display the Stochastic values and their directions for each selected timeframe. Use this information to identify potential trading opportunities based on multi-timeframe analysis.
### Benefits:
- **Enhanced Market Insight:** By monitoring the Stochastic Oscillator across multiple timeframes, you can gain a deeper understanding of market trends and potential reversals.
- **Improved Decision-Making:** The clear, color-coded table allows you to quickly assess market conditions, helping you make more informed trading decisions.
- **Customizable and Flexible:** The indicator is highly customizable, allowing you to tailor it to your specific trading needs and preferences.
### Ideal For:
- **Swing Traders:** Who need to analyze multiple timeframes to identify potential entry and exit points.
- **Day Traders:** Who require quick, at-a-glance information on market conditions across different timeframes.
- **Technical Analysts:** Who rely on the Stochastic Oscillator as part of their trading strategy.
The **Multi-Timeframe Stochastic Table** is an essential tool for any trader looking to enhance their technical analysis with multi-timeframe insights. Whether you're a beginner or an experienced trader, this indicator can help you stay ahead of the market trends.
RSI (Basis at 0)This script is a modified version of the default RSI, adjusted to oscillate around 0 instead of 50, with a range spanning from -100 to 100. This transformation ensures better alignment with other indicators that use a zero-centered scale, making it ideal for comparative analysis and overlaying on complementary indicators.
Triple Timeframe Stochastic Oscillator (Averaged)This custom Triple Timeframe Stochastic Oscillator indicator combines stochastic calculations from three user-defined timeframes into a single view, averaging the %K and %D lines for each timeframe to produce one representative line per timeframe. Users can manually set the timeframes (e.g., daily, weekly, monthly), as well as the length and smoothing periods for each stochastic calculation, providing flexibility for multi-timeframe analysis. The indicator plots three distinct lines in red, blue, and green, with overbought (80) and oversold (20) levels marked, helping traders identify momentum and potential reversal points across different time perspectives.
Timeframe 1: Red
Timeframe 2: Blue
Timeframe 3: Green
Quantum Momentum FusionPurpose of the Indicator
"Quantum Momentum Fusion" aims to combine the strengths of RSI (Relative Strength Index) and Williams %R to create a hybrid momentum indicator tailored for volatile markets like crypto:
RSI: Measures the strength of price changes, great for understanding trend stability but can sometimes lag.
Williams %R: Assesses the position of the price relative to the highest and lowest levels over a period, offering faster responses but sensitive to noise.
Combination: By blending these two indicators with a weighted average (default 50%-50%), we achieve both speed and reliability.
Additionally, we use the indicator’s own SMA (Simple Moving Average) crossovers to filter out noise and generate more meaningful signals. The goal is to craft a simple yet effective tool, especially for short-term trading like scalping.
How Signals Are Generated
The indicator produces signals as follows:
Calculations:
RSI: Standard 14-period RSI based on closing prices.
Williams %R: Calculated over 14 periods using the highest high and lowest low, then normalized to a 0-100 scale.
Quantum Fusion: A weighted average of RSI and Williams %R (e.g., 50% RSI + 50% Williams %R).
Fusion SMA: 5-period Simple Moving Average of Quantum Fusion.
Signal Conditions:
Overbought Signal (Red Background):
Quantum Fusion crosses below Fusion SMA (indicating weakening momentum).
And Quantum Fusion is above 70 (in the overbought zone).
This is a sell signal.
Oversold Signal (Green Background):
Quantum Fusion crosses above Fusion SMA (indicating strengthening momentum).
And Quantum Fusion is below 30 (in the oversold zone).
This is a buy signal.
Filtering:
The background only changes color during crossovers, reducing “fake” signals.
The 70 and 30 thresholds ensure signals trigger only in extreme conditions.
On the chart:
Purple line: Quantum Fusion.
Yellow line: Fusion SMA.
Red background: Sell signal (overbought confirmation).
Green background: Buy signal (oversold confirmation).
Overall Assessment
This indicator can be a fast-reacting tool for scalping. However:
Volatility Warning: Sudden crypto pumps/dumps can disrupt signals.
Confirmation: Pair it with price action (candlestick patterns) or another indicator (e.g., volume) for validation.
Timeframe: Works best on 1-5 minute charts.
Suggested Settings for Long Timeframes
Here’s a practical configuration for, say, a 4-hour chart:
RSI Period: 20
Williams %R Period: 20
RSI Weight: 60%
Williams %R Weight: 40% (automatically calculated as 100 - RSI Weight)
SMA Period: 15
Overbought Level: 75
Oversold Level: 25
Red & Green Zone ReversalOverview
The “Red & Green Zone Reversal” indicator is designed to visually highlight potential reversal zones on your chart by using a combination of Bollinger Bands and the Relative Strength Index (RSI).
It overlays on the chart and provides background color cues—red for oversold conditions and green for overbought conditions—along with corresponding alert triggers.
Key Components
Overlay: The indicator is set to overlay the chart, meaning its visual cues (colored backgrounds) are drawn directly on the price chart.
Bollinger Bands Calculation
Period: A 20-period simple moving average (SMA) is calculated from the closing prices.
Standard Deviation Multiplier: A multiplier of 2.0 is applied.
Bands Defined:
Basis: The 20-period SMA.
Deviation: Calculated as 2 times the standard deviation over the same period.
Upper Band: Basis plus the deviation.
Lower Band: Basis minus the deviation.
RSI Calculation
Period: The RSI is computed over a 14-period span using the closing prices.
Thresholds:
Oversold Threshold: 30 (used for the red zone condition).
Overbought Threshold: 70 (used for the green zone condition).
Zone Conditions
Red Zone (Oversold):
Criteria: The price is below the lower Bollinger Band and the RSI is below 30.
Purpose: Highlights a situation where the asset may be deeply oversold, signaling a potential reversal to the upside.
Green Zone (Overbought):
Criteria: The price is above the upper Bollinger Band and the RSI is above 70.
Purpose: Indicates that the asset may be overbought, potentially signaling a reversal to the downside.
Visual and Alert Components
Background Coloring:
Red Background: Applied when the red zone condition is met (using a semi-transparent red).
Green Background: Applied when the green zone condition is met (using a semi-transparent green).
Alerts:
Red Alert: An alert condition titled “Deep Oversold Alert” is triggered with the message “Deep Oversold Signal triggered!” when the red zone criteria are satisfied.
Green Alert: Similarly, an alert condition titled “Deep Overbought Alert” is triggered with the message “Deep Overbought Signal triggered!” when the green zone criteria are met.
Important Disclaimers
Not Financial Advice:
This indicator is provided for informational and analytical purposes only. It does not constitute trading advice or a recommendation to buy or sell any asset. Traders should use it as one of several tools in their analysis and should perform their own due diligence.
Risk Management:
Trading inherently involves risk. Past performance is not indicative of future results. Always implement appropriate risk management and use stop losses where necessary.
Summary
In summary, the “Red & Green Zone Reversal” indicator uses Bollinger Bands and RSI to detect extreme market conditions. It visually marks oversold (red) and overbought (green) conditions directly on the chart and offers alert conditions to help traders monitor these potential reversal points.
Enjoy!!
AFB_TrendMarketDMSThis script is an implementation of the **Directional Movement System (DMS)**, which includes the **Positive Directional Indicator (+DI)**, **Negative Directional Indicator (-DI)**, and **Average Directional Index (ADX)**. Additionally, the script provides visualizations and logic to identify trends and key levels. Below is a detailed explanation of how to use this script:
---
### 1. **Function `dirmov(jarak)`**:
This function calculates the **+DI (Plus Directional Indicator)** and **-DI (Minus Directional Indicator)**.
- **Input**:
- `jarak`: The period used for calculation (in this script, `14`).
- **Process**:
- `naik = ta.change(high)`: Calculates the change in the high price (upward movement).
- `turun = -ta.change(low)`: Calculates the change in the low price (downward movement).
- `truerange = ta.rma(ta.tr, jarak)`: Calculates the **True Range (TR)** smoothed using RMA (Rolling Moving Average).
- `plus`: Calculates +DI by comparing upward (`naik`) and downward (`turun`) movements.
- `minus`: Calculates -DI by comparing downward (`turun`) and upward (`naik`) movements.
- **Output**:
- Returns the values of `plus` (+DI) and `minus` (-DI).
---
### 2. **Function `adx(dilen, adxlen)`**:
This function calculates the **ADX (Average Directional Index)**, **+DI**, and **-DI**.
- **Input**:
- `dilen`: The period for calculating +DI and -DI.
- `adxlen`: The period for calculating ADX.
- **Process**:
- Calls the `dirmov(dilen)` function to get the values of `plus` (+DI) and `minus` (-DI).
- Calculates ADX by comparing the difference between +DI and -DI, then smoothing it with RMA.
- **Output**:
- Returns the values of `adx`, `plus` (+DI), and `minus` (-DI).
---
### 3. **Variables and Plots**:
- ` = adx(14, 14)`:
- `sig`: The ADX value.
- `up`: The +DI value.
- `down`: The -DI value.
- `RatioNT = up - down`:
- Calculates the difference between +DI and -DI. This value represents the relative strength between the upward and downward trends.
- `Garis_ratioNT = ta.sma(RatioNT, 14)`:
- Calculates the Simple Moving Average (SMA) of `RatioNT` with a period of 14. This is used as a key level to identify trend changes.
- **Plots**:
- `L1 = plot(RatioNT, 'Trend', ...)`:
- Plots the `RatioNT` value as a trend line. The line color changes based on whether `RatioNT` is above or below `Garis_ratioNT`.
- Green (`#00d36880`) if `RatioNT > Garis_ratioNT` (strong uptrend).
- Red (`#fe585880`) if `RatioNT < Garis_ratioNT` (strong downtrend).
- `L3 = plot(Garis_ratioNT, 'KeyLevel', ...)`:
- Plots `Garis_ratioNT` as a key level (blue line, `#1848cc`).
- **Horizontal Lines (HLine)**:
- `hline(0.8, 'Top', ...)`: A horizontal line at the `0.8` level (pink color, `#fe585850`).
- `hline(0, 'Mid', ...)`: A horizontal line at the `0` level (black color, `#00000050`).
- `hline(-0.8, 'Bottom', ...)`: A horizontal line at the `-0.8` level (green color, `#00d36850`).
---
### 4. **How to Use This Script**:
This script can be used to:
1. **Identify Trends**:
- If `RatioNT` is above `Garis_ratioNT` and colored green, it indicates a strong uptrend.
- If `RatioNT` is below `Garis_ratioNT` and colored red, it indicates a strong downtrend.
2. **Identify Key Levels**:
- `Garis_ratioNT` (blue line) is a key level that can be used as a reference to confirm trend changes.
3. **Use Horizontal Lines**:
- The horizontal lines at `0.8`, `0`, and `-0.8` can be used as overbought/oversold levels or trend confirmation levels.
4. **Trading Signals**:
- **Buy Signal**: When `RatioNT` crosses above `Garis_ratioNT` and turns green.
- **Sell Signal**: When `RatioNT` crosses below `Garis_ratioNT` and turns red.
---
### 5. **Visual Interpretation**:
- **Uptrend**:
- `RatioNT` is green and above `Garis_ratioNT`.
- `RatioNT` approaches or exceeds the `0.8` level (pink line).
- **Downtrend**:
- `RatioNT` is red and below `Garis_ratioNT`.
- `RatioNT` approaches or exceeds the `-0.8` level (green line).
- **Sideways/Consolidation**:
- `RatioNT` fluctuates around the `0` level (black line).
---
### 6. **Example Trading Signals**:
- **Buy Signal Example**:
- `RatioNT` crosses above `Garis_ratioNT` and turns green.
- `RatioNT` approaches the `0.8` level (confirms strong uptrend).
- **Sell Signal Example**:
- `RatioNT` crosses below `Garis_ratioNT` and turns red.
- `RatioNT` approaches the `-0.8` level (confirms strong downtrend).
---
### 7. **Conclusion**:
This script is a useful tool for:
- Identifying the strength and direction of trends.
- Providing trading signals based on the movement of `RatioNT` and `Garis_ratioNT`.
- Offering key levels for trend confirmation.
If you'd like to add more features or need further clarification, let me know! 😊
Multi-Asset & TF RSI
Multi-Asset & TF RSI
This indicator allows you to compare the Relative Strength Index (RSI) values of two different assets across multiple timeframes in a single pane. It’s ideal for traders who wish to monitor momentum across different markets or instruments simultaneously.
Key Features:
Primary Asset RSI:
The indicator automatically calculates the RSI for the chart’s asset. You can adjust the timeframe for this asset using a dropdown that offers standard TradingView timeframes, a "Chart" option (which syncs with your current chart timeframe), or a "Custom" option where you can enter any timeframe.
Optional Second Asset RSI:
Enable the “Display Second Asset” option to compare another asset’s RSI. Simply select the symbol (default is “DXY”) and choose its timeframe from an identical dropdown. When enabled, the second asset’s RSI is computed and plotted for easy comparison.
RSI Settings:
Customize the RSI length and choose the data source (e.g., close price) to suit your trading strategy.
Visual Aids:
Overbought (70) and oversold (30) levels are clearly marked, along with a midline at 50. These visual cues help you quickly assess market conditions.
Asset Information Table:
A dynamic table at the top of the pane displays the symbols being analysed – the chart’s asset as the “1st” asset and, if enabled, the second asset as the “2nd.”
How to Use:
Apply the Indicator:
Add the indicator to your chart. By default, it will calculate the RSI for the chart’s current asset using your chart’s timeframe.
Adjust Primary Asset Settings:
Use the “Main Asset Timeframe” dropdown to choose the timeframe for the RSI calculation on the chart asset. Select “Chart” to automatically match your current chart’s timeframe or choose a preset/custom timeframe.
Enable and Configure the Second Asset:
Toggle the “Display Second Asset” option to enable the second asset’s RSI. Select the asset symbol and its desired timeframe using the provided dropdown. The RSI for the second asset will be plotted if enabled.
Monitor the RSI Values:
Observe the plotted RSI lines along with the overbought/oversold levels. Use the table at the top-centre of the pane to verify which asset symbols are being displayed.
This versatile tool is designed to support multi-asset analysis and can be a valuable addition to your technical analysis toolkit. Enjoy enhanced RSI comparison across markets and timeframes!
Happy Trading!
Multi Asset & TF Stochastic
Multi Asset & TF Stochastic
This indicator allows you to compare the stochastic oscillator values of two different assets across multiple timeframes in a single pane. It’s designed for traders who want to analyse the momentum of one asset (by default, the chart’s asset) alongside a second asset of your choice (e.g., comparing EURUSD to the USD Index).
How It Works:
Main Asset:
The indicator automatically uses the chart’s asset for the primary stochastic calculation. You have the option to adjust the timeframe for this asset using a dropdown that includes TradingView’s standard timeframes, a "Chart" option (which automatically uses your chart’s timeframe), or a "Custom" option where you can type in any timeframe.
Second Asset:
You can enable the display of a second asset by toggling the “Display Second Asset” option. Choose the asset symbol (default is “DXY”) and select its timeframe from an identical dropdown. When enabled, the script calculates the stochastic oscillator for the second asset, allowing you to compare its momentum (%K and %D lines) with that of the main asset.
Stochastic Oscillator Settings:
Customize the %K length, the smoothing period for %K, and the smoothing period for %D. Both assets’ stochastic values are calculated using these parameters.
Visual Display:
The indicator plots the %K and %D lines for the main asset in prominent colours. If the second asset is enabled, its %K and %D lines are also plotted in different colours. Additionally, overbought (80) and oversold (20) levels are marked, with a midline at 50, making it easier to gauge market conditions at a glance.
%D line can be toggled off for a cleaner view if required:
Asset Information Table:
A table at the top-centre of the pane displays the active asset symbols—ensuring you always know which assets are being analysed.
How to Use:
Apply the Indicator:
Add the script to your chart. By default, it will use the chart’s current asset and timeframe for the primary stochastic oscillator.
Adjust the Main Asset Settings:
Use the “Main Asset Timeframe” dropdown to select a specific timeframe for the main asset or stick with the “Chart” option for automatic syncing with your current chart.
Enable and Configure the Second Asset (Optional):
Toggle on “Display Second Asset” if you wish to compare another asset. Select the desired symbol and adjust its timeframe using the provided dropdown. Choose “Custom” if you need a timeframe not listed by default.
Review the Plots and Table:
Observe the stochastic %K and %D lines for each asset. The overbought/oversold levels help indicate potential market turning points. Check the table at the top-centre to confirm the asset symbols being displayed.
This versatile tool is ideal for traders who rely on momentum analysis and need to quickly compare the stochastic signals of different markets or instruments. Enjoy seamless multi-asset analysis with complete control over your timeframe settings!
BBWP + Stochastic with DivergencesBased on Eric Krown crypto course, on Crypto School. It plots the Bollinger Bands width percentile alongside Stochastic. This is good for gaging volatility and momentum, to be used on a trending motion strategy.
