Mulai

Cari skrip untuk "relative strength"

The Investment Clock Orbital GraphThe Investment Clock Orbital Graph is an advanced visualization tool designed to help traders and investors track economic cycles using a dynamic scatter plot of GDP growth vs. CPI inflation rates. This indicator is a fusion of two powerful TradingView indicators: LuxAlgo ’s Relative Strength Scatter Plot – A robust scatter plot for tracking relative strength. The Investment Clock Indicator – A cycle-based approach to market rotation. This indicator contains more information regarding The Investment Clock. By combining these approaches, the Investment Clock Orbital Graph enables traders to visualize economic momentum and inflationary trends in a unique, orbital-style scatter plot. Key Features & Improvements Orbital Graph Representation – Displays GDP growth and CPI inflation as a dynamic, evolving scatter plot, showing how the economy moves through different phases. Quadrant-Based Market Regimes – Identifies four key economic phases: 1)🔥 Overheating (High Growth, High Inflation) 2)📉 Stagflation (Low Growth, High Inflation) 3)🤒 Recovery (High Growth, Low Inflation) 4)🎈 Reflation (Low Growth, Low Inflation) Data-Driven Analysis – Utilizes FRED (Federal Reserve Economic Data) for accurate real-world GDP & CPI data. Trailing Path of Economic Evolution – Tracks historical economic cycles over time to show momentum and cyclical movements. Customizable Parameters – Set sustainable GDP growth and inflation thresholds, adjust trail length, and fine-tune scatter plot resolution. Auto-Labeled Quadrants & Revised Accurate Market Guidance – Each quadrant includes newly updated tooltips and annotations (like ETF suggestions) to help traders make informed decisions. Live Macro Forecasting Tool – Helps traders anticipate future market conditions, rate hikes/cuts, and sector rotations. How to Use for Trading Decisions The Investment Clock Orbital Graph helps traders and macro investors by identifying market phases and providing insights into asset class performance during different economic conditions. 📌 Step 1: Identify the Current Quadrant Locate the most recent point on the orbital graph to see if the economy is in Overheating, Stagflation, Recovery, or Reflation. 📌 Step 2: Forecast Market Trends The trajectory of the points can predict upcoming economic shifts: Overheating → Stagflation ➡️ Expect economic slowdowns, bearish stock markets. Stagflation → Reflation ➡️ Interest rate cuts likely, bonds and defensive stocks perform well. Reflation → Recovery ➡️ Risk-on rally, technology and cyclicals perform best. Recovery → Overheating ➡️ Commodities surge, inflation rises, and central banks intervene. 📌 Step 3: Align Trading & Investing Strategies 🔥 Overheating – Favor commodities & energy (Oil, Industrial Stocks, Materials). 📉 Stagflation – Favor defensive assets (Cash, Utilities, Healthcare). 🤒 Recovery – Favor growth stocks (Technology, Consumer Discretionary). 🎈 Reflation – Favor bonds, value stocks, and financials. 📌 Step 4: Monitor Trends Over Time The indicator visualizes economic movement over multiple months, allowing traders to confirm long-term trends vs. short-term noise. The Investment Clock Orbital Graph is an essential macro trading tool, providing a real-time visualization of economic conditions. By tracking GDP growth vs. CPI inflation, traders and investors can align their portfolios with major macroeconomic shifts, predict sector rotations, and anticipate central bank policy changes.
Indikator Pine Script®
oleh BarefootJoey
6
Hanzo_Wave_Price %Hanzo_Wave_Price % is a custom indicator for the TradingView platform that combines RSI (Relative Strength Index) and Stochastic RSI while also displaying the percentage price change over a specified period. This indicator helps traders identify overbought and oversold conditions, analyze price waves, and forecast potential market movements. How It Works 1. RSI and Stochastic RSI Calculation RSI is calculated based on the selected price source (default: close) with a user-defined Main Line period. Stochastic RSI is then applied and smoothed using a moving average. The Main Line represents the smoothed Stochastic RSI, serving as a wave indicator to help identify potential entry and exit points. 2. Overbought and Oversold Zones The 70 and 30 levels indicate overbought and oversold zones, displayed as dashed lines on the chart. Additional 20% and 10% levels provide a visual reference for historical price changes, aiding in future predictions. 3. Percentage Price Change Calculation The indicator calculates the percentage price change over a Barsback period (default: 30 candles). Users can choose a multiplier (100 or 1000) for better visualization (1000 scales the values by dividing by 10). The data is displayed as a colored area: Red (Short) → Negative price change. Green (Buy) → Positive price change. Settings & Parameters Multiplier 💪 – Selects the scaling factor (100 or 1000) for percentage values. Main Line ✈️ – Stochastic smoothing period (smoothK). Don't touch ✋ – Reserved value (do not modify). RSI 🔴 – RSI calculation period. Stochastic 🔵 – Stochastic RSI calculation period. Source ⚠️ – Price source for calculations (default: close). Price changes % 🔼🔽 – Enables percentage price change display. Barsback ↩️ – Number of candles used to calculate price change. Visual Representation Gray Line (Takeprofit Line 🎯) – Smoothed Stochastic RSI. Red Dashed Line (70) – Overbought zone. Blue Dashed Line (30) – Oversold zone. Percentage Price Change Display: Green Fill → Price increase. Red Fill → Price decrease. Advantages ✅ Combined Analysis – Uses RSI and Stochastic RSI for more accurate market condition identification. ✅ Flexibility – Customizable parameters allow adaptation for different markets and strategies. ✅ Visual Clarity – Clearly defined zones and dynamic percentage change display. ✅ Additional Market Insights – The percentage price change helps assess market volatility. Disadvantages ⚠ Lagging Signals – Smoothing may cause delayed response. ⚠ False Breakouts – The 70/30 levels may not always work effectively for all assets. ⚠ IMPORTANT! This indicator is for informational and educational purposes only. Past performance does not guarantee future profits! Use it in combination with other technical analysis tools. 🚀 Example 1: Identifying a Long Position 📌 Scenario: The asset price has dropped significantly (1-hour timeframe), and the Main Line (gray line) crosses below the 30 level. This signals oversold conditions, which may indicate a potential reversal or upward correction. ✅ How to Use: 1️⃣ Identifying the Entry Zone: If the Main Line is below 30, consider looking for a long entry point. 2️⃣ Confirming the Signal: Place a vertical line at the moment when the Main Line crosses the 30 level from below. 3️⃣ Confirmation on a Lower Timeframe: Switch to a 30-minute timeframe and wait for the Main Line to cross above the 70 level. Enter a long position at this point. 4️⃣ Analyzing Percentage Price Change: Check the historical indicator behavior: If a similar past movement resulted in a ~10% price increase (green fill), this may indicate potential upward momentum. 5️⃣ Setting Take-Profit: Set a take-profit level at 10%, based on previous price movements. Also, monitor when the Main Line crosses the 70 level, as this may signal a potential profit-taking point. 📊 Conclusion: This method helps to precisely determine entry points by confirming signals across multiple timeframes and analyzing the historical volatility of the asset. 🚀 Example 2: Analyzing Percentage Price Change 📌 Scenario: You have set the Barsback parameter to 30, and the indicator shows +3.5%. This means that over the last 30 candles, the price has increased by 3.5%. However, such small changes might be visually difficult to notice. To improve visibility, you can enable the multiplier (1000), which will scale the displayed percentage change to 35%. This is purely for visual convenience—the actual price movement remains 3.5%. ✅ How to Use: 1️⃣ Identifying Trend Direction: If the percentage change is positive (green area) → Uptrend. If the percentage change is negative (red area) → Downtrend. 2️⃣ Analyzing Movement Strength: Compare the current percentage change with previous waves to evaluate the strength of the movement. For example: If previous waves reached 10% or more, a current wave of 3.5% might indicate a weak trend or a local correction. 3️⃣ Additional Filtering with the Main Line (Gray Line): Use the Main Line to confirm the trend. If the percentage change shows an increase, but the Main Line is still below 30, further upward movement can be expected. If the percentage change indicates a decline, but the Main Line is above 70, there is a higher probability of a downward reversal. "It's unfortunate that TradingView restricts adding images to indicator descriptions unless you have a paid subscription. This makes it harder to share free tools effectively."
Indikator Pine Script®
oleh Hanzo_2302
Johnny's Volatility-Driven Trend Identifier w/ Reversal SignalsJohnny's Volatility-Driven Trend Identifier w/ Reversal Signals is designed to identify high-probability trend shifts and reversals by incorporating volatility, momentum, and impulse-based filtering. It is specifically built for traders who want to capture strong trend movements while minimizing false signals caused by low volatility noise. By leveraging Rate of Change (ROC), Relative Strength Index (RSI), and Average True Range (ATR)-based volatility detection, the indicator dynamically adapts to market conditions. It highlights breakout trends, reversals, and early signs of momentum shifts using strategically placed labels and color-coded trend visualization. Inspiration taken from Top G indicator . What This Indicator Does The Volatility-Driven Trend Identifier works by: Measuring Market Extremes & Momentum: Uses ROC normalization with standard deviation to identify impulse moves in price action. Implements RSI filtering to determine overbought/oversold conditions that validate trend strength. Utilizes ATR-based volatility tracking to ensure signals only appear when meaningful market movements are occurring. Identifying Key Trend Events: Power Peak (🔥): Marks a confirmed strong downtrend, ideal for shorting opportunities. Surge (🚀): Indicates a confirmed strong uptrend, signaling a potential long entry. Soft Surge (↗): Highlights a mild bullish reentry or early uptrend formation. Soft Peak (↘): Shows a mild bearish reentry or early downtrend formation. Providing Adaptive Filtering for Reliable Signals: Filters out weak trends with a volatility check, ensuring signals appear only in strong market conditions. Implements multi-level confirmation by combining trend strength metrics, preventing false breakouts. Uses gradient-based visualization to color-code market sentiment for quick interpretation. What This Indicator Signals Breakouts & Impulse Moves: 🚀🔥 The Surge (🚀) and Power Peak (🔥) labels indicate confirmed momentum breakouts, where the trend has been validated by a combination of ROC impulse, RSI confirmation, and ATR volatility filtering. These signals suggest that the market is entering a strong trend, and traders can align their entries accordingly. Early Trend Formation & Reentries: ↗ ↘ The Soft Surge (↗) and Soft Peak (↘) labels indicate areas where a trend might be forming, but is not yet fully confirmed. These signals help traders anticipate potential entries before the trend gains full strength. Volatility-Adaptive Trend Filtering: 📊 Since the indicator only activates in volatile conditions, it avoids the pitfalls of low-range choppy markets where false signals frequently occur. ATR-driven adaptive windowing allows the indicator to dynamically adjust its sensitivity based on real-time volatility conditions. How to Use This Indicator 1. Identifying High-Probability Entries Bullish Entries (Long Trades) Look for 🚀 Surge signals in an uptrend. Confirm with RSI (should be above 50 for momentum). Ensure volatility is increasing to validate the breakout. Use ↗ Soft Surge signals for early entries before the trend fully confirms. Bearish Entries (Short Trades) Look for 🔥 Power Peak signals in a downtrend. RSI should be below 50, indicating downward momentum. Volatility should be rising, ensuring market momentum is strong. Use ↘ Soft Peak signals for early entries before a full bearish confirmation. 2. Avoiding False Signals Ignore signals when the market is ranging (low ATR). Check RSI and ROC alignment to ensure trend confirmation. Use additional confluences (e.g., price action, support/resistance levels, moving averages) for enhanced accuracy. 3. Trend Confirmation & Filtering The stronger the trend, the higher the likelihood that Surge (🚀) and Power Peak (🔥) signals will continue in their direction. Soft Surge (↗) and Soft Peak (↘) act as early warning signals before major breakouts occur. What Makes This a Machine Learning-Inspired Moving Average? While this indicator is not a direct implementation of machine learning (as Pine Script lacks AI/ML capabilities), it mimics machine learning principles by adapting dynamically to market conditions using the following techniques: Adaptive Trend Selection: It does not rely on fixed moving averages but instead adapts dynamically based on volatility expansion and momentum detection. ATR-based filtering adjusts the indicator’s sensitivity to real-time conditions. Multi-Factor Confirmation (Feature Engineering Equivalent in ML): Combines ROC, RSI, and ATR in a structured way, similar to how ML models use multiple inputs to filter and classify data. Implements conditional trend recognition, ensuring that only valid signals pass through the filter. Noise Reduction with Data Smoothing: The algorithm avoids false signals by incorporating trend intensity thresholds, much like how ML models remove outliers to refine predictions. Adaptive filtering ensures that low-volatility environments do not produce misleading signals. Why Use This Indicator? ✔ Reduces False Signals: Multi-factor validation ensures only high-confidence signals are triggered. ✔ Works in All Market Conditions: Volatility-adaptive nature allows the indicator to perform well in both trending and ranging markets. ✔ Great for Swing & Intraday Trading: It helps spot momentum shifts early and allows traders to catch major market moves before they fully develop. ✔ Visually Intuitive: Color-coded trends and clear signal markers make it easy to interpret.
Indikator Pine Script®
oleh JonathanLeyva
6
Power Trend [MacAlgo]Description: The Power Trend Indicator is a sophisticated technical analysis tool that overlays on your trading charts to identify prevailing market trends. It utilizes a combination of ATR-based trend calculations, moving averages, volume analysis, and momentum indicators to generate reliable buy and sell signals. Additionally, it offers customizable settings to adapt to various trading styles and timeframes. Key Features: Adaptive ATR Calculation: Automatically adjusts the ATR (Average True Range) period and multiplier based on the selected timeframe for more accurate trend detection. Dynamic Trend Lines: Plots continuous trend lines with color-coded bars to visually represent bullish and bearish trends. Buy/Sell Signals: Generates standard and power buy/sell signals to help you make informed trading decisions. Volume Analysis: Incorporates average buy and sell volumes to identify strong market movements. Multiple Timeframe Support: Automatically adjusts the indicator's timeframe or allows for manual selection to suit your trading preferences. Highlighting: Highlights trending bars for easy visualization of market conditions. Alerts: Customizable alert conditions to notify you of potential trading opportunities in real-time. How it Works: 1. ATR-Based Trend Calculation: ATR Period & Multiplier: Calculates ATR based on user-defined periods and multipliers, dynamically adjusting according to the chart's timeframe. Trend Determination: Identifies trends as bullish (1) or bearish (-1) based on price movements relative to ATR-based upper (up) and lower (dn) trend lines. 2. Moving Averages: EMA & SMA: Calculates exponential and simple moving averages to smooth price data and identify underlying trends. AlphaTrend Line: Combines a 50-period EMA and a 30-period SMA on a 4-hour timeframe to create the AlphaTrend line, providing a robust trend reference. 3. Volume Analysis: Buy/Sell Volume: Differentiates between buy and sell volumes to gauge market strength. Average Volume: Compares current volume against average buy/sell volumes to detect significant market movements. 4. Momentum Indicators: RSI, MACD, OBV: Incorporates Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), and On-Balance Volume (OBV) to assess momentum and confirm trend strength. 5. Signal Generation: Standard Signals: Basic buy and sell signals based on trend crossovers. Power Signals: Enhanced signals requiring multiple conditions (e.g., increased volume, momentum confirmation) for higher confidence trades. Customization Options: Tailor the Power Trend Indicator to your specific trading needs with the following settings: ATR Period: Set the period for ATR calculation (default: 8). ATR Multiplier: Adjust the ATR multiplier to fine-tune trend sensitivity (default: 3.0). Source: Choose the price source (e.g., HL2, Close) for calculations. Change ATR Calculation Method: Toggle between different ATR calculation methods. Show Buy/Sell Signals: Enable or disable the display of buy and sell signals on the chart. Highlighting: Turn on or off the bar highlighting feature. Timeframe Adjustment: Choose between automatic timeframe adjustment or manually set the indicator's timeframe. Manual Indicator Timeframe: If manual adjustment is selected, specify the desired timeframe (default: 60 minutes). Visual Components: Trend Lines: Continuous lines representing the current trend, color-coded for easy identification (green for bullish, red for bearish, orange for neutral). Bar Coloring: Bars are colored based on the current trend and its relationship to the AlphaTrend line. Buy/Sell Triangles: Triangular markers appear on the chart to indicate buy and sell signals. Power Signals: Larger triangles highlight strong buy and sell opportunities based on multiple confirming factors. Highlighting: Transparent overlays highlight trending areas to enhance visual clarity. Alerts: Stay informed with customizable alerts that notify you of important market movements: SuperTrend Buy/Sell: Alerts when standard buy or sell signals are generated. Power Buy/Sell Alerts: Notifications for strong buy or sell signals based on comprehensive conditions. Trend Direction Change: Alerts when the trend changes from bullish to bearish or vice versa. How to Use: Add to Chart: Apply the Power Trend Indicator to your preferred trading chart on TradingView. Configure Settings: Adjust the input parameters to match your trading style and the timeframe you are analyzing. Analyze Trends: Observe the trend lines, bar colors, and AlphaTrend line to understand the current market trend. Follow Signals: Look for buy and sell signals or power signals to identify potential entry and exit points. Set Alerts: Enable alerts to receive real-time notifications of significant trading opportunities. Adjust as Needed: Fine-tune the settings based on market conditions and your trading experience. Important Notes: Backtesting: While the Power Trend Indicator is built using robust technical analysis principles, it's essential to backtest and validate its performance within your trading strategy. Market Conditions: The indicator performs best in trending markets. In sideways or highly volatile markets, signal reliability may vary. Risk Management: Always employ proper risk management techniques when trading based on indicator signals to protect your capital. Disclaimer: This indicator is intended for educational purposes only and does not provide financial advice or guarantee future performance. Trading involves risk, and past results are not indicative of future outcomes. Always conduct your own analysis and risk management.
Indikator Pine Script®
oleh MacAlgo
Catalyst TrendCatalyst Trend – A Comprehensive Trend and Regime Analyzer The Catalyst Trend indicator was designed to dynamically and intuitively merge various classic analytical techniques. The goal is to filter out short-term market noise and reveal reliable trend phases or potential turning points. Below is a detailed explanation of its core elements and practical usage. 1. Concept and Idea Multidimensional Trend Detection This indicator goes beyond a simple momentum or volatility focus. It factors in multiple measurements to provide a more well-rounded market perspective. Versatile Indicator Fusion Linear Regression (LinReg): Multiple LinReg calculations are combined to smooth out price fluctuations and produce a robust trendline—known here as the “Cycle Reduced Line.” ADX (Average Directional Index): Measures trend strength. RSI (Relative Strength Index): Flags potential overbought or oversold conditions, in both the current timeframe and a higher timeframe. ATR (Average True Range): Assesses volatility; used to dynamically adjust calculation lengths. By weaving these elements together, the indicator adds value beyond simply stacking multiple indicators. It adapts to real-time market conditions, aiming to highlight genuine trends and reduce false signals. 2. Key Functions and Calculations Dynamic Length & Smoothing A blend of volatility (ATR), ADX values, and RSI inputs determines how many candles are used in the LinReg calculations and how heavily the data is smoothed. This allows the indicator to respond promptly during periods of high volatility, while automatically adjusting to filter out unnecessary noise in quieter phases.c Cycle Reduced Line The script averages several offset LinReg calculations to produce a cleaner overall signal. Random outliers are thus minimized, making the trend path more visually consistent. An additional EMA smoothing (“Final Smoothing”) further stabilizes this trendline, reducing the impact of minor price fluctuations. Channel Bands (Optional) These bands are derived from the standard deviation of the price residual (the difference between the smoothed price and the trendline). They highlight potential over-extension zones: the upper band can mark short-term overbought areas, while the lower band might indicate oversold conditions. Trend and Sideways Determination Slope Calculation: The slope of the trendline (comparing the current bar to the previous one) helps identify short-term directional shifts. DX Threshold: Once the ADX surpasses a user-defined threshold and the slope is positive, it may indicate a developing uptrend. Similarly, if the slope is negative and ADX > threshold, it could signal a potential downtrend. Multi-Level Color Coding Original Mode: Interpolated colors reflect uptrends, downtrends, and sideways phases, factoring in metrics like ADX and RSI. Single Color: For a neutral look, the indicator can be displayed in one uniform color. HTF RSI: This mode uses the higher-timeframe RSI to color the trendline (Long/Short/Neutral), offering a quick gauge of overarching market pressure. 3. Use Cases and Interpretation Timeframes & Markets The indicator is versatile and adapts well to different intervals, from 5-minute charts to weekly views. It can be applied to various markets—crypto, forex, stocks—since volatility and trend strength are universal concepts. Signal Recognition Color Swings into a more pronounced upward hue (e.g., green) may signal mounting strength. Neutral or mixed tones often point to sideways phases, which breakout traders might watch for potential price surges. A shift to downward colors (e.g., red) may indicate a growing bearish trend. Channel Bands & Volatility When the bands spread widely, it’s wise to proceed with caution: abrupt spikes above the upper band or below the lower band can flag rapid short-term extremes. These bands are more of a reference for potential overextension than a strict buy or sell trigger. Additional Confirmations Not a standalone panacea: The Catalyst Trend indicator is an analytical tool, best used alongside other methods such as volume analysis or price action (candlestick patterns, support/resistance levels) to bolster confidence in trading decisions. 4. Practical Tips Parameter Adjustments Depending on the market—crypto vs. traditional currency pairs—different ADX, RSI, or smoothing periods may be more effective. Experiment with the settings to tailor the indicator to your preferred timeframe. Strategic Integration Trailing Stops: For those riding a trend, the trendline or the channel bands may serve as a reference to trail stop-loss orders. Trend Confirmation: Using RSI and ADX filters can help traders avoid sideways markets or stay the course when the trend is strong. 5. Important Final Notes No Guarantee of Profits No indicator can predict the future. Markets are inherently volatile and often unpredictable. Responsible Risk Management Test the indicator in a demo environment or with smaller positions before committing to large trades.
Indikator Pine Script®
oleh Jonny86FXPro
RSI Divergence - Left Candles Onlyrsi The **RSI Divergence** indicator in this script is designed to highlight **divergence** between the **Relative Strength Index (RSI)** and **price action** on a chart. Divergence can be a key signal for potential trend reversals or continuation in technical analysis. ### **Key Components of the Indicator:** 1. **RSI Calculation:** - The **Relative Strength Index (RSI)** is calculated using a typical 14-period length, but the user can customize this input. - RSI is a momentum oscillator that measures the speed and change of price movements, oscillating between 0 and 100. Values above 70 indicate overbought conditions, and values below 30 indicate oversold conditions. 2. **Divergence Logic:** - **Bullish Divergence:** Occurs when the price forms a **lower low**, but the RSI forms a **higher low**. This suggests that despite price continuing to drop, momentum (RSI) is strengthening, which may indicate a potential price reversal to the upside. - **Bearish Divergence:** Occurs when the price forms a **higher high**, but the RSI forms a **lower high**. This indicates that even though price is rising, the momentum (RSI) is weakening, which could signal a price reversal to the downside. 3. **Pivot Identification:** - The script identifies **pivot points** (local highs and lows) on both price and RSI. - **Bullish Divergence:** A lower price low with a higher RSI low. - **Bearish Divergence:** A higher price high with a lower RSI high. 4. **Lookback Periods:** - **Lookback Left (lookbackLeft):** Defines the number of bars to look back for pivot confirmation. This allows for adjusting the sensitivity of the divergence. - The **divergence range** is constrained by two parameters: - **Minimum range (rangeLower):** The minimum number of bars for divergence to be considered. - **Maximum range (rangeUpper):** The maximum number of bars for divergence to be considered. 5. **Signal Generation and Plotting:** - When a **bullish divergence** is detected, a **green label** is plotted below the bar where the divergence occurs. - When a **bearish divergence** is detected, a **red label** is plotted above the bar. - The script uses **`plotshape()`** to plot these labels on the chart. 6. **Alerts:** - Alerts are configured for both **bullish** and **bearish divergences** so that you can be notified when a divergence signal occurs. --- ### **How the Indicator Works:** - The RSI and price action are compared using **pivots**: The script checks whether the price and RSI are forming new highs or lows within the specified **lookback period**. - If the conditions for divergence (higher/lower RSI pivot vs price pivot) are met, a signal is plotted on the chart. - The script helps to visually identify potential reversal points and allows users to set alerts for these divergence signals. --- ### **Use Case:** - This script is useful for traders looking to trade potential trend reversals based on **divergence** between price and RSI. - **Bullish divergence** can indicate a **buy** opportunity, while **bearish divergence** can suggest a **sell** opportunity. - The indicator works best in **volatile markets** and when combined with other technical analysis tools for confirmatio
Indikator Pine Script®
oleh sarveshmandlik7
LiquidFusion SignalPro [CHE] LiquidFusion SignalPro – Indicator Overview The LiquidFusion SignalPro is a powerful and sophisticated TradingView indicator designed to identify high-quality trade entries and exits. By combining seven unique sub-indicators, it provides comprehensive market analysis, ensuring traders can make informed decisions. This tool is suitable for all market conditions and supports customization to fit individual trading strategies. Key Components (Sub-Indicators): 1. RPM (Relative Price Momentum): - Measures cumulative price momentum over a specified period. - Provides insights into price strength and directional bias. - Input Customization: - Source: Data for momentum calculation. - Period: Length for momentum measurement. - Resolution: Timeframe for data fetching. 2. BBO (Bull-Bear Oscillator): - Calculates the strength of bullish or bearish momentum based on price movement and RSI conditions. - Uses a super-smoothing technique for reliable signals. - Customizable parameters include the oscillator's period and repainting options. 3. MACD (Moving Average Convergence Divergence): - A classic momentum indicator for trend direction and strength. - Provides buy/sell signals based on the crossover of the MACD line and signal line. - Input Customization: - Fast/Slow EMA Periods. - Signal Line Period. - Resolution and Source Data. 4. RSI (Relative Strength Index): - Tracks overbought and oversold conditions. - A key tool to validate trend continuation or reversals. - Customizable period, resolution, and source. 5. CCI (Commodity Channel Index): - Measures the deviation of price from its average. - Useful for identifying cyclical trends. - Input Customization includes period, resolution, and source. 6. Stochastic Oscillator: - Indicates momentum by comparing closing prices to a range of highs and lows. - Includes smoothing factors for %K and %D lines. - Customizable parameters: - %K Length and Smoothing. - Resolution and Repainting Options. 7. Supertrend: - A trailing stop-and-reverse system for trend-following strategies. - Excellent for identifying strong trends and potential reversals. - Inputs include the multiplier factor and period for ATR-like calculations. Inputs Overview: The indicator supports extensive customization for each sub-indicator, grouped under intuitive categories: - Color Settings: Define bullish and bearish plot colors. - RPM, BBO, MACD, RSI, CCI, Stochastic, and Supertrend Settings: Tailor each sub-indicator's behavior with adjustable parameters. - UI Options: Toggle features such as bar coloring, indicator names, and plotted candles. Trade Signals: - Long Signal: - All indicators align in a bullish state: - RPM > 0, MACD > 0, RSI > 50, Stochastic > 50, CCI > 0, BBO > 0, Supertrend below price. - Plot: Green triangle below the candle. - Alert: Notifies the trader of a potential long entry. - Short Signal: - All indicators align in a bearish state: - RPM < 0, MACD < 0, RSI < 50, Stochastic < 50, CCI < 0, BBO < 0, Supertrend above price. - Plot: Red triangle above the candle. - Alert: Notifies the trader of a potential short entry. Features: - Enhanced Visuals: Plots sub-indicator statuses using labels and color-coded shapes for clarity. - Alerts: Integrated alert conditions for both long and short trades. - Bar Coloring: Provides overall trend bias with green (bullish), red (bearish), or gray (neutral) bars. - Customizable Table: Displays the indicator's status in the chart’s top-right corner. Trading Benefits: The LiquidFusion SignalPro excels in generating high-quality entries and exits by: - Reducing noise through multiple indicator alignment. - Supporting multiple timeframes and resolutions for flexibility. - Offering customizable inputs for personalized trading strategies. Use this tool to enhance your market analysis and improve your trading performance. Disclaimer: The content provided, including all code and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell any financial instrument, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context. Any results from strategies or tools provided are hypothetical, and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and may not be suitable for all individuals. Before making any trading decisions, please consult with a qualified financial professional to understand the risks involved. By using this script, you acknowledge and agree that any trading decisions are made solely at your discretion and risk. This indicator is inspired by the Super 6x Indicators: RSI, MACD, Stochastic, Loxxer, CCI, and Velocity . A special thanks to Loxx for their relentless effort, creativity, and contributions to the TradingView community, which served as a foundation for this work. Happy trading and best regards Chervolino
Indikator Pine Script®
oleh chervolino
19
FMS Suite [KFB Quant]FMS Suite Overview The FMS Suite is a powerful and adaptive trend and momentum analysis tool that leverages multiple technical indicators to deliver a comprehensive signal for market direction. This suite combines the strengths of the Aroon, DMI, RSI, Supertrend, and Trix indicators, offering traders a well-rounded perspective on market trends. How It Works The FMS Suite integrates five essential components to assess market behavior: Aroon Indicator : Detects trend strength and direction by analyzing the frequency of recent highs and lows over multiple timeframes. Directional Movement Index (DMI) : Measures the direction and strength of trends, with an ADX component for better trend assessment. Relative Strength Index (RSI) : Evaluates market momentum by indicating overbought or oversold conditions, with signals derived from the 50-line. Supertrend : Utilizes ATR-based volatility measures to establish dynamic support and resistance levels, signaling potential trend changes. Trix : A triple-smoothed EMA oscillator that highlights trend reversals using rate-of-change dynamics. Each component is calculated across three separate timeframes (fast, medium, and slow), which are then averaged to produce a final FMS Signal . Users can also apply signal smoothing to reduce noise and enhance clarity. Key Features Customizable Parameters : Adjust the lengths for each component (fast, medium, slow) to optimize the indicator's responsiveness to different markets. Signal Smoothing Options : Select from various smoothing methods, including SMA, EMA, DEMA, and WMA, to fine-tune the FMS signal. Visual Representation : The FMS Suite plots a histogram representing the raw signal and a smoother line for clearer trend visualization. The background color shifts dynamically to indicate long, short, or neutral conditions. Threshold-Based Alerts : Set your own long and short thresholds, tailoring the indicator to your trading strategy and market outlook. Informative Table Display : An integrated table provides an at-a-glance summary of the current FMS and smoothed FMS signals, along with their respective scores and market state. How to Use Trend Confirmation : Utilize the FMS histogram and smoothed signal to validate or challenge existing trend assumptions. Trade Entries and Exits : Identify potential buy (long) or sell (short) signals based on the relationship between the FMS signal and predefined thresholds. Strategy Customization : Fine-tune the indicator settings to align with your trading style, whether it’s short-term scalping or long-term trend following. Important Considerations Not Predictive : The FMS Suite does not predict future price movements and should be used in conjunction with other analysis methods. It is based on historical price data, and past performance is not indicative of future results. Settings and Backtesting : Experiment with different lengths and smoothing techniques to optimize performance for specific instruments and market conditions. Always backtest thoroughly. Disclaimer: This tool is provided for informational and educational purposes only and should not be considered as financial advice. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
Indikator Pine Script®
oleh kikfraben
RSI & Volume Impact Analyzer Ver.1.00Description: The RSI VOL Score indicator combines the Relative Strength Index (RSI) and volume data through a mathematical calculation to assist traders in identifying and confirming potential trend reversals and continuations. By leveraging both momentum (RSI) and volume data, this indicator provides a more comprehensive view of market strength compared to using RSI or volume alone. How It Works: This indicator calculates a score by comparing the RSI against its moving average, adjusted by the volume data. The resulting score quantifies market momentum and strength. When the score crosses its signal line, it may indicate key moments where the market shifts between bullish and bearish trends, potentially helping traders spot these changes earlier. Calculation Methods: The RSI VOL Score allows users to select between several calculation methods to suit their strategy: SMA (Simple Moving Average): Provides a balanced smoothing approach. EMA (Exponential Moving Average): Reacts more quickly to recent price changes, offering faster signals. VWMA (Volume Weighted Moving Average): Emphasizes high-volume periods, focusing on stronger market moves. WMA (Weighted Moving Average): Applies greater weight to recent data for a more responsive signal. What the Indicator Plots: Score Line: Represents a combined metric based on RSI and volume, helping traders gauge the overall strength of the trend. Signal Line: A smoothed version of the score that helps traders identify potential trend changes. Bullish signals occur when the score crosses above the signal line, while bearish signals occur when the score drops below. Key Features: Trend Identification: The score and signal line crossovers can help confirm emerging bullish or bearish trends, allowing traders to act on upward or downward momentum. Customizable Settings: Traders can adjust the lengths of the RSI and signal line and choose between different moving averages (SMA, EMA, VWMA, WMA) to tailor the indicator to their trading style. Timeframe-Specific: The indicator works within the selected timeframe, ensuring accurate trend analysis based on the current market context. Practical Use Cases: Trending Markets: In trending markets, this indicator helps confirm bullish or bearish signals by validating price moves with volume. Traders can use the crossover of the score and signal line as a guide for entering or exiting trades based on trend strength. Ranging Markets: In ranging markets, the indicator helps filter out false signals by confirming if price movements are backed by volume, making it a useful tool for traders looking to avoid entering during weak or uncertain market conditions. Interpreting the Score and Signal Lines: Bullish Signal: A bullish signal occurs when the score crosses above the signal line, indicating a potential upward trend in momentum and price. Bearish Signal: A bearish signal is generated when the score crosses below the signal line, suggesting a potential downward trend or weakening market momentum. By mathematically combining RSI and volume data into a single trend score, the RSI VOL Score indicator provides traders with a powerful tool for identifying trend shifts early and making more confident trading decisions. Important Note: The signals generated by this indicator should be interpreted in conjunction with other analysis tools. It is always advisable to confirm signals before making any trading decisions. Disclaimer: This indicator is designed to assist traders in their decision-making process and does not provide financial advice. The creators of this tool are not responsible for any financial losses or trading decisions made based on its signals. Trading involves significant risk, and users should seek professional advice or conduct their own research before making any trading decisions.
Indikator Pine Script®
oleh ata_sabanci
7
Custom Moving Average Ribbon with EMA Table & Text ColorComprehensive Description of the Custom Moving Average Ribbon with EMA Table & Text Color The Custom Moving Average Ribbon with EMA Table & Text Color is a highly flexible and customizable indicator designed for traders who use multiple moving averages to assess trends, strength, and potential market reversals. It plots up to 8 moving averages (either SMA, EMA, WMA, or VWMA) on the price chart and displays a table summarizing the moving averages’ values, periods, and colors. The table also allows for the customization of the text color, making it easier to align with your chart’s theme or preference. Key Features: Multiple Moving Averages: You can display up to 8 moving averages (MA), each of which can be customized in terms of: Type: SMA (Simple Moving Average), EMA (Exponential Moving Average), WMA (Weighted Moving Average), or VWMA (Volume-Weighted Moving Average). Period: Each moving average has a user-defined period, which allows for flexibility depending on your trading style (short-term, medium-term, or long-term). Enable/Disable: Each moving average can be independently enabled or disabled based on your preference. Moving Average Ribbon: The indicator visualizes multiple moving averages as a ribbon, giving traders insight into the market's underlying trend. The interaction between these moving averages provides essential signals: Uptrend: Shorter-term MAs above longer-term MAs, all sloping upward. Downtrend: Shorter-term MAs below longer-term MAs, sloping downward. Consolidation: MAs tightly packed, indicating low volatility or a sideways market. Customizable Table: The indicator includes a table that displays: The Name of each moving average (e.g., MA 1, MA 2, etc.). The Period used for each moving average. The Current Value of each moving average. Color Coding for easier visual identification on the chart. Text Color Customization: You can change the text color in the table to match your chart style or to ensure high visibility. Responsive Design: This indicator works on any time frame, whether you're a day trader, swing trader, or long-term investor, and the table adjusts dynamically as new data comes in. How to Use the Indicator a) Trend Identification The Custom Moving Average Ribbon helps in identifying trends and their strength. Here’s how you can interpret the plotted moving averages: Uptrend (Bullish): If the shorter-term moving averages (e.g., 5-period, 10-period) are above the longer-term moving averages (e.g., 50-period, 200-period), and all the MAs are sloping upward, it suggests a strong bullish trend. The greater the separation between the moving averages, the stronger the uptrend. Use the table to quickly verify the current value of each MA and confirm that the price is staying above most or all of the MAs. Downtrend (Bearish): When shorter-term moving averages are below the longer-term moving averages and all MAs are sloping downward, this indicates a bearish trend. Greater separation between MAs indicates a stronger downtrend. Neutral/Consolidating Market: If the MAs are tightly packed and frequently crossing each other, the market is likely consolidating, and a strong trend is not in play. In these situations, it’s better to wait for a clearer signal before taking any positions. b) Reversal Signals Golden Cross: When a short-term moving average (e.g., 50-period) crosses above a long-term moving average (e.g., 200-period), this is considered a bullish signal, suggesting a possible upward trend. Death Cross: When a short-term moving average crosses below a long-term moving average, it’s considered a bearish signal, indicating a potential downward trend. c) Using the Table for Quick Reference The table allows you to monitor: The current price value relative to each moving average. If the price is above most MAs, the market is likely in an uptrend, and if below, in a downtrend. Changes in MA values: If you see values of shorter-term MAs moving closer to or crossing longer-term MAs, this could indicate a weakening trend or a potential reversal. How to Combine this Indicator with Other Indicators for a Solid Strategy The Custom Moving Average Ribbon is powerful on its own but can be enhanced when combined with other technical indicators to form a comprehensive trading strategy. 1. Combining with RSI (Relative Strength Index) How It Works: RSI is a momentum oscillator that measures the speed and change of price movements, typically over 14 periods. It ranges from 0 to 100, with readings above 70 considered overbought and below 30 considered oversold. Strategy: Overbought in an Uptrend: If the moving average ribbon indicates an uptrend but the RSI shows the market is overbought (RSI > 70), it could signal a pullback or correction is imminent. Oversold in a Downtrend: If the moving average ribbon indicates a downtrend but the RSI shows oversold conditions (RSI < 30), a bounce or reversal may be on the horizon. 2. Combining with MACD (Moving Average Convergence Divergence) How It Works: MACD tracks the difference between two exponential moving averages, typically the 12-period and 26-period EMAs. It generates buy and sell signals based on crossovers and divergences. Strategy: Trend Confirmation: Use the MACD to confirm the direction and momentum of the trend indicated by the moving average ribbon. For example, if the MACD line crosses above the signal line while the shorter-term MAs are above the longer-term MAs, it confirms strong bullish momentum. Divergences: Watch for divergences between price action and MACD. If price is making higher highs but MACD is making lower highs, it could signal a weakening trend, which you can verify using the moving averages. 3. Combining with Bollinger Bands How It Works: Bollinger Bands plot two standard deviations above and below a moving average, typically the 20-period SMA. The bands widen during periods of high volatility and contract during periods of low volatility. Strategy: Breakout or Reversal: If price action moves above the upper Bollinger Band while the shorter-term MAs are crossing above the longer-term MAs, it confirms a strong breakout. Conversely, if price touches or falls below the lower Bollinger Band and the shorter MAs start crossing below the longer-term MAs, it indicates a potential breakdown. Mean Reversion: In sideways markets, when the moving averages are tightly packed, Bollinger Bands can help spot mean reversion opportunities (buy near the lower band, sell near the upper band). 4. Combining with Volume Indicators How It Works: Volume is a crucial confirmation indicator for any trend or breakout. Combining volume with the moving average ribbon can enhance your strategy. Strategy: Trend Confirmation: If the price breaks above the moving averages and is accompanied by high volume, it confirms a strong breakout. Similarly, if price breaks below the moving averages on high volume, it signals a strong downtrend. Divergence: If price continues to trend in one direction but volume decreases, it could indicate a weakening trend, helping you prepare for a reversal. Example Strategies Using the Indicator Trend-Following Strategy: Use the moving average ribbon to identify the main trend. Combine with MACD or RSI for confirmation of momentum. Enter trades when the shorter-term MAs confirm the trend and the confirmation indicator (MACD or RSI) aligns with the trend. Exit trades when the moving averages start converging or when your confirmation indicator shows signs of reversal. Reversal Strategy: Wait for significant crossovers in the moving averages (Golden Cross or Death Cross). Confirm the reversal with divergence in MACD or RSI. Use Bollinger Bands to fine-tune your entry and exit points based on overbought/oversold conditions. Conclusion The Custom Moving Average Ribbon with EMA Table & Text Color indicator provides a robust framework for traders looking to use multiple moving averages to gauge trend direction, strength, and potential reversals. By combining it with other technical indicators like RSI, MACD, Bollinger Bands, and volume, you can develop a solid trading strategy that enhances accuracy, reduces false signals, and maximizes profit potential in various market conditions. This indicator offers high flexibility with customization options, making it suitable for traders of all levels and strategies. Whether you're trend-following, scalping, or swing trading, this tool provides invaluable insights into market movements.
Indikator Pine Script®
oleh paulaustin3977
Raj - Mark Minervini Stage 2 with RSTitle: Mark Minervini Stage 2 Screener with Custom RS Description: This script is designed to identify stocks that meet the criteria for Mark Minervini's Stage 2 trend setup, incorporating custom relative strength (RS) ranking. Key Features: Moving Averages: Tracks the 50-day, 150-day, and 200-day Simple Moving Averages (SMA) to identify trend alignment. Price Conditions: Ensures the stock price is above key moving averages, is within 25% of its 52-week high, and is at least 25% above its 52-week low. Custom Relative Strength (RS): Compares the stock's performance against a benchmark (e.g., S&P 500) to ensure it has a strong relative strength. The RS is normalized on a 0-100 scale, and only stocks with an RS above 70 are highlighted. Visual Indicators: The script plots moving averages on the chart and labels points where all conditions for the Stage 2 setup are met. Usage: Apply this script to your charts to find stocks that are in a strong uptrend and meet Mark Minervini's Stage 2 criteria. Customize the benchmark symbol for the RS calculation to fit your market or preference
Indikator Pine Script®
oleh eeeraj251
RSI Slope Filtered Signals [UAlgo]The "RSI Slope Filtered Signals " is a technical analysis tool designed to enhance the accuracy of RSI (Relative Strength Index) signals by incorporating slope analysis. This indicator not only considers the RSI value but also analyzes the slope of the RSI over a specified number of bars, providing a more refined signal that accounts for the momentum and trend strength. By utilizing both positive and negative slope arrays, the indicator dynamically adjusts its thresholds, ensuring that signals are responsive to changing market conditions. This tool is particularly useful for traders looking to identify overbought and oversold conditions with a higher degree of precision, filtering out noise and providing clear visual cues for potential market reversals. 🔶 Key Features Dynamic Slope Analysis: Measures the slope of RSI over a customizable number of bars, offering insights into the momentum and trend direction. Adaptive Thresholds: Uses historical slope data to calculate dynamic thresholds, adjusting signal sensitivity based on market conditions. Normalized Slope Calculation: Normalizes the slope values to provide a consistent measure across different market conditions, making the indicator more versatile. Clear Signal Visualization: The indicator plots both positive and negative normalized slopes with color gradients, visually representing the strength of the trend. Overbought and Oversold Signals: Plots overbought and oversold signals directly on the chart when the calculated value reaches the user-specified threshold, helping traders identify potential reversal points. Customizable Settings: Allows users to adjust the RSI length, slope measurement bars, and lookback periods, providing flexibility to tailor the indicator to different trading strategies. 🔶 Interpreting the Indicator The "RSI Slope Filtered Signals " indicator is designed to be easy to interpret. Here's how you can use it: Normalized Slope: The indicator plots the normalized slope of the RSI, with values above zero indicating positive momentum and values below zero indicating negative momentum. A higher positive slope suggests a strong upward trend, while a deeper negative slope indicates a strong downward trend. Reversal Signals: The indicator plots several horizontal lines at different thresholds (+3, +2, +1, 0, -1, -2, -3). These levels are used to gauge the strength of the momentum based on the normalized slope. For example, a normalized slope crossing above the +2 threshold may indicate a strong bullish trend, while crossing below the -2 threshold may suggest a strong bearish trend. These thresholds help in understanding the intensity of the current trend and provide context for interpreting the indicator's signals. This indicator generates overbought and oversold signals not solely based on the RSI entering extreme levels (above 70 for overbought and below 30 for oversold), but also by considering the behavior of the normalized slope relative to specific thresholds. Specifically, the Overbought Signal (🔽) is triggered when the RSI is above 70 and the normalized slope from the previous bar is greater than or equal to the upper threshold, with the current slope being lower than the previous slope, indicating a potential bearish reversal as momentum may be slowing down. Similarly, the Oversold Signal (🔼) is generated when the RSI is below 30 and the normalized slope from the previous bar is less than or equal to the lower threshold, with the current slope being higher than the previous slope, signaling a potential bullish reversal as the downward momentum may be weakening. Area Plots: The indicator also plots the positive and negative slopes as filled areas, providing a quick visual cue for the strength and direction of the trend. Green areas represent positive slopes (upward momentum), while red areas represent negative slopes (downward momentum). By combining these elements, the "RSI Slope Filtered Signals " provides a comprehensive view of the market's momentum, helping traders make more informed decisions by filtering out false signals and focusing on the significant trends. 🔶 Disclaimer Use with Caution: This indicator is provided for educational and informational purposes only and should not be considered as financial advice. Users should exercise caution and perform their own analysis before making trading decisions based on the indicator's signals. Not Financial Advice: The information provided by this indicator does not constitute financial advice, and the creator (UAlgo) shall not be held responsible for any trading losses incurred as a result of using this indicator. Backtesting Recommended: Traders are encouraged to backtest the indicator thoroughly on historical data before using it in live trading to assess its performance and suitability for their trading strategies. Risk Management: Trading involves inherent risks, and users should implement proper risk management strategies, including but not limited to stop-loss orders and position sizing, to mitigate potential losses. No Guarantees: The accuracy and reliability of the indicator's signals cannot be guaranteed, as they are based on historical price data and past performance may not be indicative of future results.
Indikator Pine Script®
oleh UAlgo
2
Volume-Enhanced Momentum Moving Average (VEMMA)Volume-Enhanced Momentum Moving Average (VEMMA) Overview: The Volume-Enhanced Momentum Moving Average (VEMMA) helps you spot market trends by combining momentum and volume as a moving average. This unique moving average adjusts itself based on the strength and activity of the market, giving you a clearer picture of what’s happening. How It Works: 1. Key Settings (all of these are adjustable in the settings panel of the indicator): ◦ Base Length: Looks back over the last 50 days by default. ◦ Momentum Length: Uses the past 14 days to measure market strength. ◦ Volume Length: Uses the past 30 days to average trading volume. ◦ High/Low Thresholds: Considers RSI values above 70 as high momentum and below 30 as low momentum. 2. Momentum and Volume: ◦ Momentum: Calculated using the Relative Strength Index (RSI) to see if the market is gaining or losing strength. ◦ Volume: Average trading volume is calculated over the last 30 days to gauge trading activity. 3. VEMMA Calculation: ◦ For each of the past 50 days: ▪ Check Momentum: If RSI > 70, it’s high momentum; if RSI < 30, it’s low. ▪ Weight by Volume: High momentum days with high volume get more weight; low momentum days get less. ▪ Combine: Multiply the closing price by this weight and sum it up. ◦ Average: Divide the total by 50 to get the VEMMA value. 4. Visuals: ◦ Lines: Two lines, VEMMA1 (blue) and VEMMA2 (orange), show the adjusted moving averages. ◦ Colours: Background colors help you quickly spot high (green) and low (red) momentum periods. How to Use: • Spot Trends: Rising VEMMA lines suggest an uptrend; falling lines suggest a downtrend. • Confirm Signals: When both VEMMA1 and VEMMA2 move together, it indicates a strong trend. • Identify Reversals: Watch for background color changes from green to red or vice versa to catch potential trend reversals. If the market has been strong and active, the VEMMA line will rise more sharply. If the market is weak and quiet, the line will be smoother. Benefits: • Integrated View: Combines market strength and trading activity for a fuller picture. • Responsive: Adapts to significant market changes, highlighting key movements. • Easy to Read: Clear visuals with color-coded backgrounds make interpretation simple. Remember, just like any other indicator, this is not supposed to be used alone. Use it as part of your greater trading strategy. I do however believe it works exceptionally well for finding longer term trends early. The default VEMMA settings work very well as replacement for the EMA 200. Try it and see how it goes. Play around with the settings. Feedback appreciated.
Indikator Pine Script®
oleh IronCortex
Dual RSI Differential - Strategy [presentTrading]█ Introduction and How it is Different The Dual RSI Differential Strategy introduces a nuanced approach to market analysis and trading decisions by utilizing two Relative Strength Index (RSI) indicators calculated over different time periods. Unlike traditional strategies that employ a single RSI and may signal premature or delayed entries, this method leverages the differential between a shorter and a longer RSI. This approach pinpoints more precise entry and exit points, providing a refined tool for traders to exploit market conditions effectively, particularly in overbought and oversold scenarios. Most important: it is a good eductional code for swing trading. For beginners, this Pine Script provides a complete function that includes crucial elements such as holding days and the option to configure take profit/stop loss settings: - Hold Days: This feature ensures that trades are not exited too hastily, helping traders to ride out short-term market volatility. It's particularly valuable for swing trading where maintaining positions slightly longer can lead to capturing significant trends. - TPSL Condition (None by default): This setting allows traders to focus solely on the strategy's robust entry and exit signals without being constrained by preset profit or loss limits. This flexibility is crucial for learning to adjust strategy settings based on personal risk tolerance and market observations. BTCUSD 6h LS Performance █ Strategy, How It Works: Detailed Explanation 🔶 RSI Calculation: The RSI is a momentum oscillator that measures the speed and change of price movements. It is calculated using the formula: RSI = 100 - (100 / (1 + RS)) Where RS (Relative Strength) = Average Gain of up periods / Average Loss of down periods. 🔶 Dual RSI Setup: This strategy involves two RSI indicators: RSI_Short (RSI_21): Calculated over a short period (21 days). RSI_Long (RSI_42): Calculated over a longer period (42 days). Differential Calculation: The strategy focuses on the differential between these two RSIs: RSI Differential = RSI_Long - RSI_Short This differential helps to identify when the shorter-term sentiment diverges from longer-term trends, signaling potential trading opportunities. BTCUSD Local picuture 🔶 Signal Triggers: Entry Signal: A buy (long) signal is triggered when the RSI Differential exceeds -5, suggesting strengthening short-term momentum. Conversely, a sell (short) signal occurs when the RSI Differential falls below +5, indicating weakening short-term momentum. Exit Signal: Trades are generally exited when the RSI Differential reverses past these thresholds, indicating a potential momentum shift. █ Trade Direction This strategy accommodates various trading preferences by allowing selections among long, short, or both directions, thus enabling traders to capitalize on diverse market movements and volatility. █ Usage The Dual RSI Differential Strategy is particularly suited for: Traders who prefer a systematic approach to capture market trends. Those who seek to minimize risks associated with rapid and unexpected market movements. Traders who value strategies that can be finely tuned to different market conditions. █ Default Settings - Trading Direction: Both — allows capturing of upward and downward market movements. - Short RSI Period: 21 days — balances sensitivity to market movements. - Long RSI Period: 42 days — smoothens out longer-term fluctuations to provide a clearer market trend. - RSI Difference Level: 5 — minimizes false signals by setting a moderate threshold for action. Use Hold Days: True — introduces a temporal element to trading strategy, holding positions to potentially enhance outcomes. - Hold Days: 5 — ensures that trades are not exited too hastily, helping to ride out short-term volatility. - TPSL Condition: None — enables traders to focus solely on the strategy's entry and exit signals without preset profit or loss limits. - Take Profit Percentage: 15% — aims for significant market moves to lock in profits. - Stop Loss Percentage: 10% — safeguards against large losses, essential for long-term capital preservation.
Strategi Pine Script®
oleh PresentTrading
4
Minervini Stage 2 AnalysisHandbook for Minervini Stage 2 Analysis Indicator Introduction This handbook provides detailed instructions and guidelines for using the Minervini Stage 2 Analysis Indicator based on Mark Minervini's swing trading methodology. This indicator is designed for traders focusing on US stocks, aiming to capture gains in medium to short-term uptrends (swing trading). Understanding Stage 2 Stage 2 represents a bullish uptrend in a stock's price. Mark Minervini emphasizes entering long positions during this phase. The stage is identified using four key criteria related to moving averages (MAs). Indicator Criteria Stock Price Above MA 150 and 200: Indicates an overall uptrend. MA 150 Above MA 200: Signals a stronger medium-term trend compared to the long-term trend. MA 200 Trending Up for At Least 1 Month (22 Days): Confirms a stable uptrend. MA 50 Above Both MA 150 and 200: Shows short-term strength and momentum. Using the Indicator Entering Trades: Consider long positions when all four criteria are met. This signifies that the stock is in a Stage 2 uptrend. Monitoring Trades: Regularly check if the stock continues to meet these criteria. The indicator provides a clear visual and textual representation for ease of monitoring. Alarm Signals and Exit Strategy One Criterion Not Met: This serves as an alarm signal. Increased vigilance is required, and traders should prepare for a potential exit. Two Criteria Not Met: Strong indication to close the trade. This suggests the stock may be transitioning out of Stage 2, increasing the risk of holding the position. Risk Management Stop-Loss Orders: Consider setting a trailing stop-loss to protect profits and minimize losses. Position Sizing: Adjust position sizes according to your risk tolerance and portfolio strategy. Volume and Relative Strength Analysis Volume Analysis: Look for increased trading volume as confirmation when the stock price moves above key MAs. Relative Strength (RS) Rating: Compare the stock's performance to the broader market to gauge its strength. Limitations and Considerations Market Conditions: The indicator's effectiveness may vary with market conditions. It is more reliable in a bullish market environment. Supplementary Analysis: Combine this indicator with other analysis methods (fundamental, technical) for a holistic approach. Continuous Learning: Stay updated with market trends and adjust your strategy accordingly. Conclusion The Minervini Stage 2 Analysis Indicator is a powerful tool for identifying potential long positions in uptrending stocks. Its reliance on specific criteria aligns with Mark Minervini's proven swing trading strategy. However, always exercise due diligence and risk management in your trading decisions.
Indikator Pine Script®
oleh JS_TechTrading
1
Price Strength Index + RSI Buy/Sell ZonesThe Price Strength Index + RSI Buy/Sell Zones indicator is a technical analysis tool designed to evaluate the strength of a financial asset's price movement by comparing it with a series of Volume Weighted Moving Averages (VWMAs) of different lengths calculated from historical data. Hypothesis : The core hypothesis behind this indicator is that assessing the relationship between the current price and a range of VWMAs with varying lengths can provide valuable insights into the strength and direction of a price trend. Additionally, it incorporates Relative Strength Index (RSI) conditions to further refine potential buy and sell signals. How It Works : Multiple VWMA Calculation: The indicator calculates multiple VWMAs, each with a different length, using historical price data and volume. These VWMAs represent weighted moving averages over various periods, helping to capture different aspects of the price trend. Comparison with Current Price : For each of these VWMAs, the indicator compares the current bar's price with the VWMA value. This comparison is crucial in understanding how the current price relates to historical averages, shedding light on the strength and direction of the prevailing trend. SMA of Percentage Above VWMA : The indicator calculates the Simple Moving Average (SMA) of the percentage of prices above the various VWMAs over a specified period. This moving average smoothens out the percentage data, providing a clearer trend signal. Buy and Sell Zones : User-defined upper and lower thresholds for the percentage of prices above the VWMAs are used to define buy and sell zones. When the percentage falls below the lower threshold, it signals a potential buy zone, suggesting a weakening trend. Conversely, when it exceeds the upper threshold, it signifies a potential sell zone, indicating a strengthening trend. RSI Integration : The RSI is calculated for the selected price source with a specified length. When the SMA of the percentage above VWMAs falls within the buy zone and the RSI is below the lower RSI threshold, it indicates an oversold condition, potentially signaling a buy opportunity. Conversely, when the SMA falls within the sell zone and the RSI is above the upper RSI threshold, it suggests an overbought condition, possibly signaling a sell opportunity. Color Coding : The indicator employs color-coding to visually represent the buy and sell zones, as well as extreme RSI conditions. Green color denotes the buy zone, red represents the sell zone, and orange lines indicate the median and potential reversal points. In summary, the Price Strength Index + RSI Buy/Sell Zones indicator leverages multiple VWMAs of different lengths to assess the relationship between current prices and historical moving averages. This comprehensive analysis, coupled with RSI conditions, aids traders in identifying potential buy and sell zones, as well as extreme RSI points within those zones, enhancing the evaluation of price strength and potential trend reversals.
Indikator Pine Script®
oleh tkarolak
1
RSI Fractal Energy with Signal LineHere is my second script. Introducing the RSI Fractal Energy Indicator. This incorporates the Relative-Strength Index and Fractal Energy as the name implies. This will help the trader identify: 1. Trend Strength: The higher the value of the indicator can indicate the strength of the trend and vice versa. 2. Reversal points: If the indicator is showing weakness and the market is making higher highs and lower lows this can indicate a reversal is possible. 3. Overbought and Oversold conditions: This indicator is currently set to 30(Oversold) and 70(Overbought), but this can be changed in the source code. I also added a signal line to provide bullish/bearish crossovers. I use this indicator on the 1 hr chart, but it can be used on any time frame. Please let me know if you have any questions, comments, or concerns. Always open to learning more. I will also provide updates as I continue to use my indicators. Happy trading!
Indikator Pine Script®
oleh JohnCabernet
2
[@btc_charlie] Trader XO Macro Trend ScannerWhat is this script? This script has two main functions focusing on EMAs (Exponential Moving Average) and Stochastic RSI. EMAs EMAs are typically used to give a view of bullish / bearish momentum. When the shorter EMA (calculated off more recent price action) crosses, or is above, the slower moving EMA (calculated off a longer period of price action), it suggests that the market is in an uptrend. This can be an indication to either go long on said asset, or that it is more preferable to take long setups over short setups. Invalidation on long setups is usually found via price action (e.g. previous lows) or simply waiting for an EMA cross in the opposite direction (i.e. shorter EMA crosses under longer term EMA). This is not a perfect system for trade entry or exit, but it does give a good indication of market trends. The settings for the EMAs can be changed based on user inputs, and by default the candles are coloured based on the crosses to make it more visual. The default settings are based on “Trader XO’s” settings who is an exceptional swing trader. RSI Stochastic RSI is a separate indicator that has been added to this script. RSI measures Relative Strength (RSI = Relative Strength Index). When RSI is <20 it is considered oversold, and when >80 it is overbought. These conditions suggests that momentum is very strong in the direction of the trend. If there is a divergence between the price (e.g. price is creating higher highs, and stoch RSI is creating lower highs) it suggests the strength of the trend is weakening. Whilst this script does not highlight divergences, what it does highlight is when the shorter term RSI (K) crosses over D (the average of last 3 periods). This can give an indication that the trend is losing strength. Combination The EMAs indicate when trend shifts (bullish or bearish). The RSI indicates when the trend is losing momentum. The combination of the two can be used to suggest when to prefer a directional bias, and subsequently shift in anticipation of a trend reversal. Note that no signal is 100% accurate and an interpretation of market conditions and price action will need to be overlayed to Why is it different to others? I have not found other scripts that are available in this way visually including alerts when Stoch RSI crosses over/under the extremes; or the mid points. Whilst these indicators are default, the combination of them and how they are presented is not and makes use of the TradingView colouring functionalities. What are the features? Customise the variables (averages) used in the script. Display as one EMA or two EMAs (the crossing ones). Alerts on EMA crosses. Alerts on Stoch RSI crosses - slow/fast, upper, lower areas. - Currently set on the chart to show alerts when Stoch RSI is above 80, then falls below 80 (and colours it red). Customisable colours. What are the best conditions for this? It is designed for high timeframe charts and analysis in crypto, since crypto tends to trend. It can however be used for lower timeframes. Disclaimer/Notes: I have noticed several videos appearing suggesting that this is a "100% win rate indicator" . NO indicator has 100% win rate. An indicator is an *indicator* that is all. Please use responsibly and let me know if there are any mods or updates you would like to see.
Indikator Pine Script®
oleh btc_charlie
39
Stan Weinstein Trend IndicatorThis indicator is a trend indicator for trading charts based on the method of Stan Weinstein. It uses various technical methods to identify four trend phases on an asset: consolidation, advancement, plateauing, and decline. Users can customize the indicator by modifying parameters such as the periods for various calculations, such as the exponential moving average (EMA), the relative strength index (RSI), and support and resistance levels. The results of these calculations are then used to determine if an asset is in a phase of consolidation, advancement, plateauing, or decline. The results are displayed as markers on the chart, with the following colors: White: Consolidation Green: Advancement Blue: Plateauing Red: Decline According to the method of Stan Weinstein, it is recommended to buy an asset during an advancement phase and sell it during a plateauing phase. Similarly, it is recommended to sell an asset during a decline phase and cut this sale when the consolidation phase starts. It is important to note that this indicator is for informational purposes only and should not be used as investment advice. It is important to conduct fundamental and technical analysis before making an investment decision. It is also recommended to combine this analysis with other methods for optimal results and to consider the risks associated with any investment. All default parameters of this indicator have been carefully chosen to provide the best possible results, however, it is possible to modify them according to personal preferences. It is important to note that modifying certain parameters may make the indicator less relevant and it is therefore recommended not to deviate too much from default values, unless you have a good understanding of the Stan Weinstein method and the technical indicators used. It is important to note that this indicator is optimized for 1-week charts. It can be used to look at charts at other timeframes but calculations will always be based on weekly data. Also, it is noteworthy that this indicator is optimized for cryptocurrencies, except Bitcoin, as it is used to calculate the relative strength of a token. However, you can choose the asset or index you want in the menu to calculate the relative strength. Furthermore, all the default settings are carefully chosen, but users are free to modify them, but doing so may result in less relevant results.
Indikator Pine Script®
oleh Ecipi
10
Commodity Channel Relative StrengthNew concept(I think atleast) I've joined the Standard RSI and CCI at the hip with another plotcandle, which gives a picture of a larger candle With more interesting movement imo. Includes Fib Retracement Levels, High/Low and a couple of coppock curves for more confirmation. Broadening candles seem to indicate a weakening of trend strength (from what i've seen atleast) although exceptions do occur. Vice versa for tapering to a lesser degree I imagine. RSI has been shifted down to 0 to align the center point with the CCI , so the usual 30/70 RSI Levels are now -20/20 (although I have 30/-30 instead for the hlines).
Indikator Pine Script®
oleh EsIstTurnt
DMI-ADX HistogramThe Average Direction Index (ADX) coupled with the Direction Movement Index (DMI), developed by J. Welles Wilder, is a popular indicator that measures trend direction and strength. The AX line (blue) is used to show the strength of the current trend. It does not tell you the trend direction. The under laid histogram shows relative movements of the price with green showing positive momentum and red showing negative momentum. Use these ADX and DMI together to find trend strength and direction. - ADX line below 20 indicates that the underlying is in accumulation/distribution. - ADX line above 20 mean that the underlying is trending with over 60 being very strong. *When the ADX line is below 20 it is likely to see many reversal signals on the DMI Histogram. It is best to use the DMI signals when the ADX line is above 20 or higher. This is also a good level to play around with. Motivation Normally the direction movements are plotted as lines with the DI+ being green and the DI- being red. When the DI+ (green) crosses over DI- (red) this may indicate a buy signal, and vice versa. I found this visual representation made it difficult to see signals as well as lacked the ability to easy see the relative strength of other moves. I have also noticed that the histogram values will periodically cross the ADX line, but not for very long periods. This could be a useful signal to explore further in the future. In this image the top indicator is using the normal DI+/- lines, where the bottom indicator is using an absolute histogram.
Indikator Pine Script®
oleh Rave444
2
Confluence StackPlease read the instructions below. The code was mostly written using AI so may contain errors. Happy trading all and good luck. ATB Richard INTENDED USE This indicator is designed for technical traders who want to move beyond simple buy/sell signals and gain a deeper understanding of the underlying market dynamics. It is ideal for trend followers, swing traders, and anyone looking to confirm the quality of a trend. WHO IS THIS FOR? Traders who want to differentiate between strong, sustainable trends and weak, unreliable moves. Analysts looking to identify high-conviction setups backed by multiple factors (e.g., momentum confirmed by volume). Discretionary traders who need a quick, visual tool to gauge market sentiment and avoid choppy conditions. WHY USE IT? Traditional indicators often give conflicting signals. The Confluence Stack solves this by aggregating multiple perspectives into one clear visual. It helps you answer not just "Is the market going up?" but "WHY is it going up, and how strong is the conviction?". This allows for more informed decision-making and helps filter out low-probability trades. DISCLAIMER AND LICENSE This script is for educational purposes only and is not a recommendation to buy or sell any financial instrument. All trading and investment decisions are the sole responsibility of the user. Trading involves significant risk. This source code is subject to the terms of the Mozilla Public License 2.0 at www.mozilla.org HOW TO USE THIS INDICATOR This indicator is designed to show the 'character' of a market move by grouping signals into distinct categories. Instead of seeing many individual signals, you see the strength of the underlying forces driving the price. 1. READ THE HEIGHT (Strength of Confluence) The total height of the stack shows the strength of agreement. A tall stack means many signals are aligned, indicating a high-conviction move. A short stack means weak agreement and a choppy, indecisive market. 2. READ THE COLOR (Character of the Move) The colors tell you WHY the market is moving. BLUE (Momentum): A stack of mostly blue shades indicates a trend driven by pure momentum. This is the 'speed' of the market. RSI (Relative Strength Index): Measures the magnitude of recent price gains versus losses. A smooth measure of trend strength. Stochastic Oscillator: Measures the current closing price's position within the recent high-low range. More sensitive to immediate price action. CCI (Commodity Channel Index): Measures the price's deviation from its moving average. Excels at identifying cyclical turns. MACD (Moving Average Convergence Divergence): A trend-following momentum indicator showing the relationship between two moving averages. Excellent for identifying the start and end of trends. YELLOW (Volume): The appearance of yellow shades confirms the move is supported by high market participation. This is the 'fuel' for the trend. Volume Ratio: A custom signal that triggers when buy or sell volume is unusually high compared to its recent average. CRV (Candle Range Volume): A custom signal that looks for candles with significant price range and volume. OBV (On-Balance Volume): A cumulative indicator that adds volume on up days and subtracts it on down days. It shows the long-term flow of money. FUCHSIA (Volatility): A fuchsia block signals a volatility breakout. This adds a sense of urgency and confirms the price is moving with exceptional force. Bollinger Bands: A signal triggers when the price closes outside of the upper or lower standard deviation bands. ORANGE (Price Action): An orange block is a pure price structure signal. It's a raw statement of intent from the market. Price Gap: A signal that triggers when there's a gap up or gap down between candles. 3. READ THE TRANSITION (Shift in Sentiment) The most important signal from the stacks is the flip from one side of the zero line to the other. Flipping from Negative to Positive: A bearish stack disappears and is replaced by a bullish stack. This indicates market sentiment is shifting from bearish to bullish. Flipping from Positive to Negative: A bullish stack disappears and is replaced by a bearish stack. This warns of a potential top or the start of a new downtrend. 4. FILTER FOR NOISE (Plot Threshold) In choppy markets, the stack can flicker with low signal counts (e.g., +1 or -1). To focus only on high-conviction moves, go to the indicator settings and increase the "Plot Threshold". A setting of 2 or 3 will hide all stacks that don't have at least 2 or 3 agreeing signals, effectively filtering out market noise and keeping your chart clean. 5. CUSTOMIZE YOUR SIGNALS (Enable/Disable) This indicator is fully customizable. In the settings, you can enable or disable each of the 9 indicators individually. For example, if you are a pure momentum trader, you could disable all Volume, Volatility, and Price Action signals to focus only on the blue stacks. Tailor it to fit your specific trading style. EXAMPLE INTERPRETATIONS Strong, Confirmed Trend: A tall stack of mostly blue (Momentum) and yellow (Volume) indicates a high-quality trend backed by both speed and market participation. Momentum-Only Trend: A tall stack of only blue is a strong momentum move, but the lack of yellow (Volume) is a warning that the move may lack the "fuel" to be sustained. Choppy/Indecisive Market: A short, mixed-color stack flickering around the zero line means the market is choppy with no clear conviction. It's often best to stay out. Volatility Breakout: A new stack that appears suddenly with a fuchsia (Bollinger Bands) block on its first bar suggests a volatility-driven breakout is initiating. Exhaustion Move: An orange (Price Gap) block appearing at the peak of a tall, long-standing stack can signal an exhaustion gap, potentially marking the end of the trend. Weakening Conviction (Divergence): If price makes a new high but the positive stack is visibly shorter than the stack at the previous price high, it suggests underlying conviction is weakening.
Indikator Pine Script®
oleh richardjamescook123
CRS by TQCRS by TradeQUO Comparative Relative Strength Indicator What it does Computes the percentage difference in performance between your current chart symbol (e.g. GC1!) and a chosen benchmark (e.g. ES1!, DXY, NQ1!). Smooths that “CRS” line with a configurable moving average (SMA, EMA, WMA) — default length is 63 bars. Key Plots CRS (%) (aqua) — how your symbol has held up relative to the benchmark since the chart loaded. CRS MA (%) (fuchsia) — smoothed trend of that relative strength. How to Interpret Trend-Following Long when CRS crosses above its MA and is above 0 → your symbol is outperforming. Short (or reverse) when CRS crosses below its MA and is below 0 → underperformance. Regime Filter CRS > 0 → Risk-On environment for your symbol vs. benchmark. CRS < 0 → Risk-Off relative to the benchmark. Divergence Signals Bearish Divergence: Price makes a higher high, but CRS makes a lower high → potential sell-off incoming. Bullish Divergence: Price makes a lower low, but CRS makes a higher low → look for rebound opportunity. Pairs Trading Outperformance: Long your symbol + Short benchmark when CRS > MA. Underperformance: Short your symbol + Long benchmark when CRS < MA. Why it matters Reveals relative market leadership early, not just absolute price moves. Helps you allocate risk dynamically, spot rotations and catch reversals before they show in price alone.
Indikator Pine Script®
oleh TradeQUO
6