🔥 DarkPool's Fear & Greed v4 🔥DarkPool Fear & Greed v4 is a composite sentiment indicator designed to gauge market psychology in real-time. Unlike standard oscillators that rely on a single metric, this tool aggregates data from four distinct technical sources—RSI, MACD, Bollinger Bands, and Moving Averages—to create a unified "Index Score" ranging from 0 to 100.
Beyond general sentiment, the script employs custom algorithms to detect specific market anomalies, including sustainable buying pressure (FOMO), capitulation events (Panic), and trend reversals (Divergences).
Key Features
Composite Index: A weighted average of Momentum, Trend, Volatility, and Price Location.
Anomaly Detection: Specialized logic to flag high-momentum "FOMO" events and high-volatility "Panic" drops.
Divergences: Automatically spots bearish and bullish discrepancies between the sentiment index and price action.
Live Dashboard: A real-time data table displaying current sentiment zones, intensity scores, and volume ratios.
How to Use
1. The Fear & Greed Index The main oscillator line moves between 0 and 100 to visualize market sentiment:
0-20 (Extreme Fear): Deeply oversold; potential capitulation or buying opportunity.
20-40 (Fear): General bearish sentiment.
40-60 (Neutral): Indecisive market.
60-80 (Greed): General bullish sentiment.
80-100 (Extreme Greed): Overbought conditions; potential for a pullback.
2. Visual Signals
FOMO (Triangle Up): Marks candles with excessive buying volume and RSI momentum.
Panic (Triangle Down): Marks candles with sharp percentage drops and volatility spikes.
Divergences (Circles): distinct markers appear when price action contradicts the sentiment index, often signaling a reversal.
3. The Dashboard Located on the chart, the dashboard provides a snapshot of the current market state, including the specific "Intensity" of FOMO or Panic events and a Volume-to-MA ratio to gauge participation.
4. Alerts The script is fully integrated with the alert system. You can set alerts for "Any alert() function call" to receive dynamic notifications for FOMO detections, Panic drops, Extreme Zone entries, and confirmed Divergences.
Disclaimer This indicator is provided for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a guarantee of future results.
Sentiment
Coach Cardave (Empowerment) — Strat Combos + Failed 2UP/2DOWN Strat combos and failed 2UP/2DOWN reversals, plus 1/3-3/1 showing how Coach Cardave times high-probability entries using liquidity, multi-timeframe analysis, and momentum shifts.
By using you’ll understand how failed 2s flip the script, convert traps into opportunity, and produce the “Small Bags Daily → Big Bags Weekly” consistency that defines the Empowerment trading style.
Multi-Ticker Anchored CandlesMulti-Ticker Anchored Candles (MTAC) is a simple tool for overlaying up to 3 tickers onto the same chart. This is achieved by interpreting each symbol's OHLC data as percentages, then plotting their candle points relative to the main chart's open. This allows for a simple comparison of tickers to track performance or locate relationships between them.
> Background
The concept of multi-ticker analysis is not new, this type of analysis can be extremely helpful to get a gauge of the over all market, and it's sentiment. By analyzing more than one ticker at a time, relationships can often be observed between tickers as time progresses.
While seeing multiple charts on top of each other sounds like a good idea...each ticker has its own price scale, with some being only cents while others are thousands of dollars.
Directly overlaying these charts is not possible without modification to their sources.
By using a fixed point in time (Period Open) and percentage performance relative to that point for each ticker, we are able to directly overlay symbols regardless of their price scale differences.
The entire process used to make this indicator can be summed up into 2 keywords, "Scaling & Anchoring".
> Scaling
First, we start by determining a frame of reference for our analysis. The indicator uses timeframe inputs to determine sessions which are used, by default this is set to 1 day.
With this in place, we then determine our point of reference for scaling. While this could be any point in time, the most sensible for our application is the daily (or session) open.
Each symbol shares time, therefore, we can take a price point from a specified time (Opening Price) and use it to sync our analysis over each period.
Over the day, we track the percentage performance of each ticker's OHLC values relative to its daily open (% change from open).
Since each ticker's data is now tracked based on its opening price, all data is now using the same scale.
The scale is simply "% change from open".
> Anchoring
Now that we have our scaled data, we need to put it onto the chart.
Since each point of data is relative to it's daily open (anchor point), relatively speaking, all daily opens are now equal to each other.
By adding the scaled ticker data to the main chart's daily open, each of our resulting series will be properly scaled to the main chart's data based on percentages.
Congratulations, We have now accurately scaled multiple tickers onto one chart.
> Display
The indicator shows each requested ticker as different colored candlesticks plotted on top of the main chart.
Each ticker has an associated label in front of the current bar, each component of this label can be toggled on or off to allow only the desired information to be displayed.
To retain relevance, at the start of each session, a "Session Break" line is drawn, as well as the opening price for the session. These can also be toggled.
Note: The opening price is the opening price for ALL tickers, when a ticker crosses the open on the main chart, it is crossing its own opening price as well.
> Examples
In the chart below, we can see NYSE:MCD NASDAQ:WEN and NASDAQ:JACK overlaid on a NASDAQ:SBUX chart.
From this, we can see NASDAQ:JACK was the top gainer on the day. While this was the case, it also fell roughly 4% from its peak near lunchtime. Unlike the top gainer, we can see the other 3 tickers ended their day near their daily high.
In the explanations above, the daily timeframe is used since it is the default; however, the analysis is not constrained to only days. The anchoring period can be set to any timeframe period.
In the chart below, you can observe the Daily, Weekly, and Monthly anchored charts side-by-side.
This can be used on all tickers, timeframes, and markets. While a typical application may be comparing relevant assets... the script is not limited.
Below we have a chart tracking COMEX:GCV2026 , FX:EURUSD , and COINBASE:DOGEUSD on the AMEX:SPY chart.
While these tickers are not typically compared side-by-side, here it is simply a display of the capabilities of the script.
Enjoy!
Atlas 8 Currency Session Momentum (6H, London)This indicator calculates real-time currency strength for the 8 major currencies (USD, EUR, GBP, JPY, AUD, NZD, CAD, CHF) using a balanced multi-pair engine and a 6-hour momentum reset.
🔍 How it works
The indicator computes the relative strength of each currency by averaging the percentage change of 7 major cross-pairs for each currency.
A currency's value increases when pairs where it is the base appreciate, and decreases when pairs where it is the quote depreciate.
This creates a symmetric and stable strength calculation similar to institutional relative-value models.
🕒 Session-based Momentum Reset
The global trading day is split into 4 × 6-hour blocks:
• 00:00–06:00 Tokyo
• 06:00–12:00 London
• 12:00–18:00 New York
• 18:00–24:00 Late US/Asia pre-open
At each new 6-hour session, all strength lines reset to 0.
This highlights fresh intraday momentum generated by liquidity transitions between sessions.
🎯 What the indicator shows
• Relative strength of all 8 currencies
• Smooth momentum curves using EMA smoothing
• Vertical dividers at each new session
• Background color for each session
• Real intraday build-up of strength/weakness (not cumulative from previous day)
This tool is designed for intraday traders who follow cross-currency momentum during session transitions (Tokyo → London → NY).
🧭 How to use it
• Look for the strongest vs weakest currency after each session reset
• Identify fresh trends during London and NY opens
• Confirm currency-pair bias using strength divergence
• Track momentum exhaustion when lines flatten or converge
Extended SOPR Indicator — SSOPR Tops (A/B toggle)Extended SOPR Indicator — SSOPR Tops and Lows (A/B toggle)
Observation-only. Data: Glassnode SOPR.
Overview
This indicator extends the classical SOPR (Spent Output Profit Ratio) to improve readability and reduce noise on charts. SOPR measures whether coins moved on-chain were spent at a profit or at a loss. In brief: SOPR > 1 → spending at profit; SOPR < 1 → spending at loss. SSOPR (from "Smoothed SOPR") applies optional log transform (centers baseline at 0), smoothing (standard or adaptive), and adds structured signals: Z‑score lows (capitulation), buy zones , and top detection after prolonged elevation.
Why extend SOPR? (SSOPR vs classical SOPR)
• Noise reduction: Raw daily SOPR can whipsaw around its baseline. SSOPR uses smoothing and (optionally) adaptive smoothing so regimes are visible without overfitting.
• Better readability: The log transform shifts the break-even line to 0, making “profit territory” (above 0) and “loss territory” (below 0) visually intuitive on oscillators.
• Actionable context: Z‑score highlights extreme lows (capitulation risk), a simple buy-zone threshold marks potential accumulation, and a structured top pattern (with a time factor) helps frame distribution phases after sustained elevation.
What the script plots
• Smoothed SOPR (SSOPR): An orange line representing the smoothed SOPR (with optional log transform and optional adaptive smoothing).
• Top markers: A red triangle appears once at the onset of a confirmed top pattern.
• Background shading:
– Soft green: Buy zone when SSOPR falls below the “Buy Threshold.” (+ Z‑score capitulation zones (extreme lows)).
– Soft red: Top‑zone shading when the top criteria are met but before the single triangle fires.
Inputs & parameters
• Smoothing Length (default 14): Base window for smoothing SSOPR. Higher values = smoother, slower response.
• Apply Log Transform (default ON): Uses log(SOPR) so the baseline is 0 (log(1)=0). Above 0 → net profit regime; below 0 → net loss regime.
• Adaptive Smoothing (default OFF): Expands smoothing length as volatility rises using a standard deviation proxy; reduces whipsaws while preserving structure.
• Z‑score Threshold for Lows (default −2.5): Highlights capitulation zones when SSOPR deviates far below its rolling mean.
• SSOPR Buy Threshold (default −0.02): Simple rule-of-thumb level for potential accumulation context when below (log scale).
• SSOPR Top Threshold (default +0.005): Minimum elevation required for “profit territory” when assessing tops (log scale).
• Min Bars Above Threshold Before Top (default 50): Ensures prolonged elevation before calling a top.
• Lookback for Peak Detection (default 50): Window used to locate the recent high.
• Drop % from Peak to Confirm Top (default 5%): Confirms the start of distribution from a local high.
• Highlight Background : Toggles shaded zones.
Top detection (indicator-only)
A top fires when ALL of the following are true:
SSOPR spent at least Min Bars Above Threshold above the Top Threshold (sustained elevation).
The rising phase test passes (Option A or B; see below).
A drop from the local peak exceeds Drop % within the Lookback window.
The peak occurred in profit territory (SSOPR > Top Threshold).
To avoid repeated signals during the decline, the script emits the triangle once, at onset.
Rising‑phase switch: Option A vs Option B
• Option A — Up‑step ratio : Over the last A: Bars for Rising Check (default 50), it requires that at least A: Required Up‑Step Ratio (default 60%) of bars were rising (each bar compared to the previous). This favors gradual, persistent advances and filters out “choppy” lifts.
• Option B — Net slope : Compares current SSOPR to its value B: Bars Back for Net Slope ago (default 50). If higher, the series is considered rising. This is simpler and reacts faster in volatile phases but can admit brief pseudo‑trends.
Guidance : Prefer A for conservative confirmation in slow, persistent cycles; use B when trend moves are strong and you need timely detection.
Interpretation guide
• Regimes (log view): Above 0 → spending at profit; below 0 → spending at loss.
• Capitulation lows: When Z‑score < threshold, conditions often reflect forced/liquidity‑driven spending. Treat as context, not signals.
• Buy zone: SSOPR < Buy Threshold flags potential accumulation conditions (combine with price structure).
• Tops: After prolonged elevation, a confirmed top often coincides with profit‑taking/distribution phases.
Recommended timeframes
• Daily : Code optimized for daily timeframe.
Method summary
• SSOPR source: GLASSNODE:BTC_SOPR (via request.security ).
• Optional log transform: sopr → log(sopr) to normalize around 0.
• Smoothing: SMA over Smoothing Length , optionally adaptive using local volatility (std dev).
• Z‑score: (SSOPR − mean) / std dev, highlighting extreme lows.
• Top: Requires long elevation above Top Threshold , rising‑phase (A/B), and a subsequent drop > Drop % from recent high.
Limitations & notes
• SOPR reflects on‑chain movements; some activity occurs off‑chain (exchanges, internal transfers). Not all moves imply sale; aggregation makes it a usable proxy for profit/loss realization.
• Higher smoothing reduces noise but delays signals; adaptive smoothing can help but is still a trade‑off.
• Treat thresholds as context markers. They are not entry/exit signals by themselves.
• Use with price structure, volume, and other on‑chain indicators (e.g., realized price bands, dormancy/CDD) for confluence.
How to use (examples)
• Advance holding above 0 (log view): Retests of 0 from above that hold—while SSOPR remains elevated—often mark absorption; look for Top conditions only after sustained elevation and a confirmed drop from peak.
• Downtrend below 0: Rejections near 0 can align with continued loss realization; extreme Z‑score lows suggest capitulation risk—context for accumulation, not a blind buy.
Recommended settings
• Weekly: Log ON, Smoothing Length 14–30, Adaptive ON, Buy Threshold −0.02, Top Threshold +0.005, Rising Method A, Min Bars 50.
• Daily: Log ON, Smoothing Length 14–20, Adaptive OFF or ON (depending on noise), Rising Method B for timely slope checks.
Credits & references
• SOPR metric: Renato Shirakashi; documentation: Glassnode , CryptoQuant , overview: Bitbo .
Disclaimer
This script is for research/education on market behavior. It is not financial advice. Indicators provide context; decisions remain your responsibility.
Tags
bitcoin, btc, on‑chain, sopr, ssopr, glassnode, oscillator, regime, distribution, capitulation
RSI Regimes + Cardwell Sweet SpotsRSI based upon Cardwell principles, with a strength evaluation based upon the ADX, VWAP, velocity of both, and Cardwell RSI principles of a sweet spot of a RSI.
Bitcoin vs. S&P 500 Performance Comparison**Full Description:**
**Overview**
This indicator provides an intuitive visual comparison of Bitcoin's performance versus the S&P 500 by shading the chart background based on relative strength over a rolling lookback period.
**How It Works**
- Calculates percentage returns for both Bitcoin and the S&P 500 (ES1! futures) over a specified lookback period (default: 75 bars)
- Compares the returns and shades the background accordingly:
- **Green/Teal Background**: Bitcoin is outperforming the S&P 500
- **Red/Maroon Background**: S&P 500 is outperforming Bitcoin
- Displays a real-time performance difference label showing the exact percentage spread
**Key Features**
✓ Rolling performance comparison using customizable lookback period (default 75 bars)
✓ Clean visual representation with adjustable transparency
✓ Works on any timeframe (optimized for daily charts)
✓ Real-time performance differential display
✓ Uses ES1! (E-mini S&P 500 continuous futures) for accurate comparison
✓ Fine-tuning adjustment factor for precise calibration
**Use Cases**
- Identify market regimes where Bitcoin outperforms or underperforms traditional equities
- Spot trend changes in relative performance
- Assess risk-on vs risk-off periods
- Compare Bitcoin's momentum against broader market conditions
- Time entries/exits based on relative strength shifts
**Settings**
- **S&P 500 Symbol**: Default ES1! (can be changed to SPX or other indices)
- **Lookback Period**: Number of bars for performance calculation (default: 75)
- **Adjustment Factor**: Fine-tune calibration to match specific data feeds
- **Transparency Controls**: Customize background shading intensity
- **Show/Hide Label**: Toggle performance difference display
**Best Practices**
- Use on daily timeframe for swing trading and position analysis
- Combine with other momentum indicators for confirmation
- Watch for color transitions as potential regime change signals
- Consider using multiple timeframes for comprehensive analysis
**Technical Details**
The indicator calculates rolling percentage returns using the formula: ((Current Price / Price ) - 1) × 100, then compares Bitcoin's return to the S&P 500's return over the same period. The background color dynamically updates based on which asset is showing stronger performance.
Nifty Participants - Top 10 📌 Nifty Participants – Top 10 (Indicator Description)
This indicator displays the top 10 weighted stocks from the NIFTY index and shows how each stock is contributing to the index movement in real time.
For each participant, the script calculates price change, percentage change, RSI, VWAP position, volume spike, previous day levels, and their estimated participation based on weightage.
A dynamic table is plotted on the chart with color-coded cells for bullish, bearish, and neutral conditions. Users can customize which columns to display (LTP, Change, Change %, Share, RSI, VWAP, Volume Spike, Previous Day High/Low) and select the timeframe for calculations. The index itself appears as the first row for quick comparison.
Volume spikes are highlighted when current volume exceeds a configurable multiple of the average volume. RSI and VWAP columns also use adaptive coloring to quickly show strength or weakness.
All weightages are user-editable, and the table automatically limits output to the selected number of rows. This makes it an ideal real-time market breadth and contribution tracker for intraday and positional traders.
Technology Stocks RSPSTechnology Stocks RSPS Indicator - TradingView Description
Overview
The Technology Stocks RSPS (Relative Strength Portfolio System) indicator is a sophisticated portfolio allocation tool designed specifically for technology sector stocks. It calculates relative strength positions and provides dynamic allocation recommendations based on technical price momentum analysis.
Key Features
- Relative Strength Analysis: Compares 15 major technology stocks and the XLK sector ETF
against each other and gold as a baseline
- Dynamic Portfolio Allocation: Automatically calculates optimal position sizes based on relative
performance
- Visual Portfolio Performance: Tracks cumulative portfolio returns with color-coded
performance indicators
- Customizable Table Display: Shows real-time allocation percentages and optional cash values
for each position
- Technical Momentum Filtering: Uses normalized indicators to identify strength and filter out
weak positions
Included Assets
Sector ETF: XLK
Major Tech Stocks: AAPL, MSFT, NVDA, AVGO, CRM, ORCL, CSCO, ADBE, ACN, AMD, IBM, INTC, NOW, TXN
Benchmark: Gold (TVC:GOLD)
How It Works
The indicator calculates a relative strength score for each asset by comparing it against:
Gold (baseline commodity)
All other technology stocks in the pool
The XLK sector ETF
Assets with positive relative strength receive portfolio allocations proportional to their strength scores. Weak or negative performers are automatically filtered out (allocated 0%).
Visual Elements
Red Area: Aggregate strength of major technology stocks
Navy Blue Area: Overall technical positioning index (TPI)
Performance Line: Cumulative portfolio return (blue = cash-heavy, red = equity-heavy)
Allocation Table: Bottom-left display showing current recommended positions
Important Limitations
This indicator primarily uses technical data and has significant limitations:
❌ No fundamental economic data (ISM, CLI, etc.)
❌ Limited monetary data - missing critical components:
comprehensive monetary data
Funding rates
Detailed bond spreads analysis
Collateral data
❌ No sentiment indicators
❌ No options flow or derivatives data
❌ No earnings or valuation metrics
The indicator focuses purely on price-based relative strength and technical momentum. Users should combine this tool with fundamental analysis, economic data, and proper risk management for complete investment decisions.
Settings
Plot Table: Toggle allocation table visibility
Use Cash: Enable to display dollar amounts based on portfolio size
Cash Amount: Set your total portfolio value for cash allocation calculations
Use Cases
Sector rotation within technology stocks
Relative strength-based portfolio rebalancing
Technical momentum screening for tech sector
Dynamic position sizing based on price trends
Technical Notes
The script avoids for-loops to reduce calculation errors and noise
Uses semi-individual calculations for each asset
Requires the Unicorpus/NormalizedIndicators/1 library for normalized momentum calculations
Maximum lookback: 100 bars
Disclaimer: This indicator is a technical tool only and should not be used as the sole basis for investment decisions. It does not incorporate fundamental, economic, or comprehensive monetary data. Always conduct thorough research and consider your risk tolerance before making investment decisions.
Market Sentiment [NeuraAlgo]
Market Sentiment
This indicator provides a real-time view of market momentum and sentiment by analyzing bullish and bearish impulses using price and volatility-based calculations. It visualizes trends on the chart and offers a dashboard with key statistics.
1.Status Calculation
The Status measures bullish momentum by identifying strong upward impulses.
Equation:
Status Source = Average of lows where(Low - High ) > ATR
For each bar, it checks if the current low minus the high from two bars ago exceeds the Average True Range (ATR) .
All lows that satisfy this condition are collected.
The average of these lows forms the Status Source , representing the level of strong buying pressure.
This helps traders visualize where significant bullish activity is concentrated and gauge upward momentum.
2.Status Source Calculation
Similarly, bearish impulses are detected by checking if highs fall below lows from two bars ago beyond ATR thresholds. The corresponding levels form the reference for selling pressure.
3. Trend Strength and States
Strength is Quantifies how far the price is from bullish or bearish reference levels as a percentage.
Trend States
Stability Phase (Gray): Market is quiet, minimal momentum.
Positive Flow (Green): Bullish pressure dominates; buyers are in control.
Negative Flow (Red): Bearish pressure dominates; sellers lead.
State Transition: Market is shifting; momentum is building.
4. Visuals
Bar colors indicate trend state: green for bullish, red for bearish, gray for neutral.
Filled zones highlight bullish and bearish reference levels for intuitive trend analysis.
5. Dashboard
An optional dashboard displays:
Sentiment: Visual gradient representing bullish or bearish dominance.
Status: Current trend state in concise, human-readable terms.
6. Purpose:
This indicator is designed to identify the current market status and the behavior of the asset by analyzing bullish and bearish impulses. It helps traders understand whether the market shows signs of stability, growth, or decline based on the asset’s price action and volatility.
Understand the asset behavior
Healthy asset behavior
Weak asset behavior
Market Sentiment combines price action, ATR-based volatility, and impulse tracking to provide a clear and actionable view of market conditions. The BullLine equation ensures that only meaningful bullish moves are highlighted, giving traders a reliable reference for momentum and potential entry points.
Gold Thai CompassGold Thai Compass Indicator
Calculates Thai Gold Price (96.5%) by converting XAU/USD with the USD/THB exchange rate in real time
Displays the calculated gold_price_thb directly on the chart with a clean right-aligned label for easy price reading
Includes customizable reference lines — add, remove, rename, recolor, and adjust each line independently
Supports multiple editable lines (e.g., 4 levels) with price labels displayed beside each line
Provides user-friendly input settings (e.g., custom price sources, spread/adjustment options)
Updates dynamically with live market data — suitable for trading, analysis, and Thai gold price tracking
Designed for TradingView (Pine Script) and optimized for clarity and usability
Optional visibility controls to show/hide labels and reference lines for a cleaner chart layout
Dimagi72 Trend Suite (EMA/SMA + 52W + Cross Signals)Dimagi72 Trend Suite is an advanced trend analysis tool designed to give traders a clear picture of market direction, momentum, and major structural turning points.
It combines the most reliable long-term and short-term signals into one clean, easy-to-read indicator.
Features
• EMA9 & EMA21 for short-term momentum
• SMA50, SMA100, SMA200 for medium & long-term trend structure
• 52-Week High & Low levels for institutional support/resistance
• Golden Cross / Death Cross signals (SMA50 vs SMA200)
• Trend Strength Meter, shown directly on the chart
• Clean labels without clutter
• Designed for crypto, stocks, and forex on all timeframes (best on Daily)
How it works
The indicator measures alignment between EMAs and SMAs, tracks long-term institutional levels, and highlights major trend reversals through cross signals.
The Trend Strength Meter calculates a score from -4 to +4, making trend direction instantly visible.
Why use this indicator
This suite brings together the most widely used trend-following tools into one unified system.
It helps traders quickly determine when the market is bullish, bearish, or neutral — and when major reversals may be forming.
Best for:
Swing traders, long-term trend followers, crypto traders, and anyone who wants a clean visual overview of the trend without using multiple separate indicators.
Tags (use these to show up in search)
trend
ema
sma
trend-following
golden cross
death cross
momentum
trend strength
52 week high
crypto
stocks
market structure
Smart Money COTThis indicator implements the method of analysing COT data as defined by Michael Huddleston (I.E. The Inner Circle Trader). It removes all superfluous information contained in the standard COT reports and focusses only on Commercial speculators using the overall Long-Short positions.
Features
The unique feature of this indicator is its ability to look back over time and provide the following information:
Calculation of the range high and low of the specified lookback range.
Calculation of equilibrium of that range.
Automatic colour coding of net long and net short positions when the Long-Short COT calculation is above or below equilibrium of the lookback range.
Instructions
Use the Daily Timeframe only. You may get unexpected results on other timeframes.
Ensure the asset has COT data available. Script is mainly focused on commodity futures, such as ES, NQ, YM. It has not been tested against Forex.
You will need to define the "Lookback" setting in the script settings. Use the total number of trading days required for your analysis. E.g. if you want a 6 month COT analysis, use the measurement tool to count the quantity of daily candles between now and 6 months ago - use this as your Lookback setting. Adjust as needed for other lookback periods, e.g. 3 months, 12 months etc.
Other Info
The script provides the ability to customise colours in its settings.
Range High and Range Low plots can be disabled in settings.
XAUUSD Multi-Timeframe Bias Scanner🎯 Purpose & Overview
This is a sophisticated trading indicator that analyzes XAUUSD (Gold) across 5 different timeframes simultaneously to determine market bias and trend direction.
⚙️ Core Components
2. Bias Calculation Engine
The heart of the indicator uses 5 technical factors to score each timeframe:
Technical Factors (Weighted):
Moving Average Alignment (30 points)
Bullish: EMA(9) > EMA(21) > EMA(50)
Bearish: EMA(9) < EMA(21) < EMA(50)
Price vs MA Position (20 points)
Score increases when price above MAs
Score decreases when price below MAs
RSI Momentum (20 points)
Bullish: RSI > 60 or > 50
Bearish: RSI < 40 or < 50
MACD Signals (15 points)
Bullish: MACD line > Signal line AND > 0
Bearish: MACD line < Signal line AND < 0
Volume Confirmation (15 points)
Volume spikes with price movement add confirmation
📊 Timeframe Analysis
Five Timeframes Monitored:
5-minute - Short-term noise (10% weight)
15-minute - Intraday direction (15% weight)
1-hour - Key intraday bias (25% weight)
4-hour - Primary directional bias (30% weight)
1-day - Overall trend context (20% weight)
Bias Scoring System:
0-100 Scale (50 = Neutral)
STRONG BULLISH: ≥70 (Green)
BULLISH: 55-69 (Lime)
NEUTRAL: 46-54 (Gray)
BEARISH: 31-45 (Orange)
STRONG BEARISH: ≤30 (Red)
🎨 Visual Features
1. Comprehensive Table Display
pinescript
var table biasTable = table.new(position.top_right, 3, 7, ...)
Shows a color-coded table with:
Timeframe name
Numerical bias score (0-100)
Strength description with color coding
2. Chart Visual Indicators
Background coloring based on overall bias
Label markers for strong bullish/bearish conditions
Real-time label showing all timeframe scores
3. Alert System
Triggers when overall bias crosses 70 (bullish) or 30 (bearish)
Configurable with sound options
🔄 How It Processes Data
Data Flow:
Requests security data for each timeframe using request.security()
Calculates technical indicators for each TF separately
Scores each TF based on 5 technical factors
Computes weighted overall bias
Updates visual displays and checks alert conditions
💡 Trading Applications
Bullish Scenarios:
Multiple timeframes show bullish alignment
Higher timeframe bias supports lower timeframe direction
Overall score > 70 indicates strong bullish conviction
Bearish Scenarios:
Multiple timeframes show bearish alignment
Higher timeframe bias confirms lower timeframe moves
Overall score < 30 indicates strong bearish conviction
Conflict Detection:
When timeframes show conflicting biases
Caution required - market may be consolidating
Wait for alignment before taking trades
🎚️ Customization Options
Users can modify:
Timeframe weights
Technical indicator parameters
Alert thresholds
Visual display preferences
Scoring sensitivity
📈 XAUUSD Specific Optimizations
The indicator considers Gold's unique characteristics:
High volatility periods
ATR-based volatility adjustments
Volume confirmation for breakouts
Multiple timeframe confirmation for trend reliability
This creates a powerful tool for identifying high-probability trade setups in XAUUSD by ensuring traders have a complete multi-timeframe perspective before entering positions.
Altseason IndexDescription of the "Altseason Index" Indicator
The Altseason Index is a powerful and visually minimalist tool designed to objectively identify the onset and conclusion of an "altseason" in the cryptocurrency market. Moving beyond subjective speculation, this indicator employs a clear, mathematical methodology by comparing the performance of a broad basket of altcoins against Bitcoin.
🎯 Core Concept and Utility
An "Altseason" is a market period where altcoins (cryptocurrencies other than Bitcoin) consistently yield higher returns than BTC. This indicator empowers traders and investors to:
Objectively Identify Market Cycles: Precisely pinpoint when capital is actively rotating from Bitcoin into altcoins and vice versa.
Make Data-Driven Decisions: Adjust their strategy in a timely manner: increasing exposure to altcoins during an altseason or rotating back into BTC upon its conclusion.
Avoid Emotional Pitfalls: Steer clear of FOMO (Fear Of Missing Out) and base decisions on hard data rather than market noise.
⚙️ How the Calculation Works
1. Asset Selection: The indicator tracks the performance of 15 leading altcoins across various market segments (Layer 1s, DeFi, Meme, Payments), ensuring a representative sample.
2. Performance Comparison: For each altcoin, the percentage price change over the user-defined lookback period (default: 90 days) is calculated. This performance is then compared to BTC's performance over the same period.
3. Counting the "Outperformers": The index counts the number of altcoins that have "outperformed" BTC.
4. Calculating the Index: The Altseason Index value is the percentage of altcoins in the basket that are outperforming BTC. For example, a value of 60% means that 9 out of the 15 coins performed better than Bitcoin.
🛠️ Indicator Settings
The settings are kept simple and intuitive, allowing you to customize the indicator to your strategy:
Lookback Period (days) (Default: 90):
- Defines the time horizon for the performance calculation.
- Shorter Periods (30-60 days) react faster to new trends but may produce more false signals.
- Longer Periods (90-180 days) provide smoother and more reliable signals, capturing sustained macro-trends.
Altseason Threshold (%) (Default: 75%):
- This is the key parameter that defines what index value constitutes an official "altseason."
- A threshold of 75% means an altseason is declared when at least 11 out of the 15 altcoins (75%) are outperforming BTC.
- You can increase the threshold (e.g., to 85%) for more conservative and stronger signals, or decrease it (e.g., to 65%) for earlier entries.
📊 Interpreting the Readings and Signals
The indicator uses a clear color-coding system and levels for easy interpretation:
🔴 < 30%: "BTC SEASON"
Bitcoin is dominating. The market is in risk-off mode or a state of anticipation. Growth is concentrated in BTC.
⚪ 30% - 49%: "NEUTRAL"
A transitional phase. The market is uncertain. Some alts show strength, but there is no unified trend.
🔵 50% - 74%: "BULLISH"
Growing strength in altcoins. Capital is beginning to rotate actively. This can be an early stage of an altseason.
🟢 ≥ 75% (or your custom threshold): "ALTSEASON"
The active altseason phase. The vast majority of altcoins are rising faster than BTC. This is the period of maximum potential returns for alts.
Signal Markers:
Green Dot: Signals the potential start of an altseason (the index crosses above the threshold).
Red Dot: Signals the potential end of an altseason (the index crosses below the threshold).
ℹ️ Information Panel
The chart displays two clean information panels:
1. Main Info Label:
Current index value (e.g., ⟠ 80%).
Market status (ALTSEASON, BULLISH, etc.).
The ratio of outperforming altcoins (11/15 alts).
2. Dominance & Market Cap Panel:
Alts: Altcoin Dominance (the market cap share of all coins except BTC).
BTC: Bitcoin Dominance.
Market: Total cryptocurrency market capitalization in billions of USD. This helps assess the overall market context (bullish/bearish).
💎 Conclusion
The Altseason Index is your strategic companion for navigating the crypto markets. It transforms the complex task of identifying market cycles into a simple and visual process. Use it to confirm broad market trends, identify potential entry and exit points, and, most importantly, to maintain discipline in your trading strategy by filtering out noise and emotion.
Disclaimer: This indicator is a tool for analysis and does not constitute investment advice. All trading decisions are taken at your own risk.
EMA 5-13-21-34-55-89-144-233Fibo sayıları olan 5-13-21-34-55-89 -144-233 dan oluşan EMA'ları göstermek için hazırlanmıştır.
Candle Patterns Ver.2When someone decided to start trading the first thing we learn is how to read and understand the candlesticks. This little "boxes" with sticks tell us how the market sentiment and they can be used to "predict" future moves. I put predict inside a quotation marks because I would say predict the market is almost an utopia and we all know the reason.
Anyway with a good understand in reading the candlesticks with other indicators(like momentum or even a MA) can give us some edge when analyzing an instrument.
Since we have a lot of candlesticks types I did some back test and figured out that for my strategy that three candlestick types works very well. I will briefly describe then.
Engulfing Bar
This type of candlestick shows us a potential reversal based on the previous bar.
A bullish Engulfing has the close higher than the open it works better if the previous one is a bearish bar(open higher than close) and it is at a Support level. The body of the Engulfing bar should "engulf" the full body of the previous bar. If all parameters(previous bearish bar at Support level after a downtrend move) this Engulfing will represents a reversal move. When I say reversal it could means a pullback reversal(if the past trend is downtrend) or if the previous downtrend is a pullback from a past uptrend. In any way the previous bearish followed by an bullish Engulfing in general leads for an upward move.
The same picture applies to a previous bullish bar followed by an bearish Engulfing bar that if appears at the Resistance level will lead to a downward move.
One thing that is worth to mention is in a downward(or upward) move we have a small bullish bar followed by a bullish Engulfing this situation may lead to a continuation, not reversal.
Pinbar Bar:
This is another candlestick type that represents possible reversal. The Pinbar candle show a small(or medium) size but the important part is the size of the stick. If the stick is the upper one and has the size of 2 times the size of the body, it is a bearish bars and it appears after an uptrend move it represents that the buyers are losing momentum so we can expect a reversal move. When this type of bar appears after a downward move, it is a bullish bars but the stick is the lower one and has the size of two times of the body it will represents a bullish reversal. In this picture this candle is called a "Hammer".
So based on that I develop an indicator that shows me these 2 bars types and makes easy to identify with the other indicator possible entries.
Please feel free for a constructive comments and hope it help any one whe trading. Candlestick are the fundamentals of Price action.
You all have a great trading new week.
Advanced Market Profile & S/R Zones (Pro)Advanced Market Profile & S/R Zones
This indicator brings professional Auction Market Theory to your chart using a custom rolling Volume Profile algorithm. Unlike standard profiles that remain fixed, this tool dynamically calculates the "Fair Value" of the asset based on your specific lookback period (e.g., the last 100 bars).
It automatically highlights the Point of Control (POC), Value Area (VA), and suggests statistical Discount (Buy) and Premium (Sell) zones.
Key Features
Volume Splitting Algorithm:
Most basic scripts dump the entire volume of a candle into a single price point (the average). This script splits the volume across the candle's entire High-Low range. This results in a much smoother, higher-resolution bell curve that accurately reflects price action, especially on higher timeframes like Monthly charts.
Auto-generated Zones:
Green Zone (Discount): Prices below the Value Area Low (VAL). Statistically "cheap."
Red Zone (Premium): Prices above the Value Area High (VAH). Statistically "expensive."
Real-Time Dashboard:
A built-in panel displays the exact price levels for the POC, VAH, and VAL for precise limit order placement, along with the current Market Trend.
How to Use
For Intraday (Day Trading):
Settings: Set Lookback to 100 - 300.
Strategy: Watch for price to open outside the Value Area. If price breaks back inside the Value Area, target the POC (Red Line).
For Macro (Monthly/Weekly Charts):
Settings: Set Lookback to 12 (1 Year) or 60 (5 Years).
Strategy: Identify multi-year structural support. When a monthly candle enters the Green Discount Zone of a 5-year profile, it is often a high-probability institutional entry point.
Trend Logic
The Dashboard indicates trend based on price location relative to value:
Strong Bullish: Price is accepted ABOVE the Value Area.
Strong Bearish: Price is accepted BELOW the Value Area.
Neutral / In VA: Price is chopping inside the Value Area.
Disclaimer
This is a "Rolling Profile." It calculates the profile based on the current lookback window relative to the latest bar. As new bars form, the lookback window shifts, and the profile updates to reflect the new dataset.
Divergence Channels Indicator — JudasBulletUnique Buy/Sell Indicator. Place stoploss above/below 18 EMA. Low risk/high reward. My No.1 indicator on every chart.
RSI to 50 (decimal version) - TemujinTradingSimple indicator that shows the price levels required for the RSI to get to the value of 50.
What I observe is 50 rsi often acts as support or resistance and is a fair indication of bullish/bearish sentiment and price action and bounce/rejection levels.
It provides a table showing current time frame, 4 hr, daily, weekly describing the current rsi value and the price needed for that rsi to get to 50. This table is colored red when bearish at the time frame and green when bullish (as per <50 rsi or >50rsi).
Plots historical lines of each previous candle in the series showing how price interacts.
Updated script to allow manual input of price decimals to enable more assets price to be viewable in the table format.
RSI to 50 - TemujinTradingSimple indicator that shows the price levels required for the RSI to get to the value of 50.
What I observe is 50 rsi often acts as support or resistance and is a fair indication of bullish/bearish sentiment and price action and bounce/rejection levels.
It provides a table showing current time frame, 4 hr, daily, weekly describing the current rsi value and the price needed for that rsi to get to 50. This table is colored red when bearish at the time frame and green when bullish (as per <50 rsi or >50rsi).
Plots historical lines of each previous candle in the series showing how price interacts.
