Ichimoku Ervin Ichimoku Ervin Indicator Version 2.47
This advanced Ichimoku indicator, version 2.47, is presented with a special design and settings that help improve the accuracy of technical analysis. The most important features of this version are:
Dual Ichimoku Plotting with Different Periods:
This indicator simultaneously draws two Ichimoku sets:
First set with a period of 26 (26-period cloud)
Second set with a period of 0 (0 cloud)
The 0 cloud feature allows the analyst to shift the position of this cloud forward or backward at will (e.g., 9 or 18 periods ahead or behind the current candle), depending on their trading strategy, to identify more sensitive areas of the chart for analyzing the market’s future or reviewing its past. This capability provides the user with a deeper understanding of trend behavior and its strength.
Period Settings:
The main periods of this indicator are defined as:
103, 216, 63, and 540
Additionally, the value 540 performs with higher sensitivity specifically on the 1-hour (H1) time frame and lower, providing the analyst with faster and more accurate signals.
Time Cycles:
This indicator includes three key time cycles: 9, 26, and 52 periods, each representing different phases of the market and potential points for trend reversal.
accurately identify both short-term and long-term trends Two Exponential Moving Averages (EMA):
It uses two EMAs with periods of 50 and 1440, where 1440 operates more sensitively on the 1-hour time frame and lower, helping the analyst to.
Order Block (OB):
One of the key features of this version is the display of Order Block (OB) zones. These are areas on the chart where high trading volumes and major decision-making by large traders (such as banks and financial institutions) have occurred.
Accurate identification of these zones helps traders choose more optimal entry and exit points and significantly reduce their trading risk.
This indicator has been released on the occasion of Eid al-Ghadir Khumm, and version 2.47 comes with special features. A professional tool for more precise market analysis. Happy Eid! 🌸
אינדיקטורים ואסטרטגיות
CDP - Counter-Directional-Pivot🎯 CDP - Counter-Directional-Pivot
📊 Overview
The Counter-Directional-Pivot (CDP) indicator calculates five critical price levels based on the previous day's OHLC data, specifically designed for multi-timeframe analysis. Unlike standard pivot points, CDP levels are calculated using a unique formula that identifies potential reversal zones where price action often changes direction.
⚡ What Makes This Script Original
This implementation solves several technical challenges that existing pivot indicators face:
🔄 Multi-Timeframe Consistency: Values remain identical across all timeframes (1m, 5m, 1h, daily) - a common problem with many pivot implementations
🔒 Intraday Stability: Uses advanced value-locking technology to prevent the "stepping" effect that occurs when pivot lines shift during the trading session
💪 Robust Data Handling: Optimized for both liquid and illiquid stocks with enhanced data synchronization
🧮 CDP Calculation Formula
The indicator calculates five key levels using the previous day's High (H), Low (L), and Close (C):
CDP = (H + L + C) ÷ 3 (Central Decision Point)
AH = 2×CDP + H – 2×L (Anchor High - Strong Resistance)
NH = 2×CDP – L (Near High - Moderate Resistance)
AL = 2×CDP – 2×H + L (Anchor Low - Strong Support)
NL = 2×CDP – H (Near Low - Moderate Support)
✨ Key Features
🎨 Visual Elements
📈 Five Distinct Price Levels: Each with customizable colors and line styles
🏷️ Smart Label System: Shows exact price values for each level
📋 Optional Value Table: Displays all levels in an organized table format
🎯 Clean Chart Display: Minimal visual clutter while maximizing information
⚙️ Technical Advantages
🔐 Session-Locked Values: Prices are locked at market open, preventing intraday shifts
🔄 Multi-Timeframe Sync: Perfect consistency between daily and intraday charts
✅ Data Validation: Built-in checks ensure reliable calculations
🚀 Performance Optimized: Efficient code structure for fast loading
💼 Trading Applications
🔄 Reversal Zones: AH and AL often act as strong turning points
💥 Breakout Confirmation: Price movement beyond these levels signals trend continuation
🛡️ Risk Management: Use levels for stop-loss and take-profit placement
🏗️ Market Structure: Understand daily ranges and potential price targets
📚 How to Use
🚀 Basic Setup
Add the indicator to your chart (works on any timeframe)
Customize colors for easy identification of support/resistance zones
Enable the value table for quick reference of exact price levels
📈 Trading Strategy Examples
🟢 Long Bias: Look for bounces at NL or AL levels
🔴 Short Bias: Watch for rejections at NH or AH levels
💥 Breakout Trading: Enter positions when price decisively breaks through anchor levels
↔️ Range Trading: Use CDP as the central reference point for range-bound markets
🎯 Advanced Strategy Combinations
RSI Integration for Enhanced Signals: 📊
📉 Oversold Bounces: Combine RSI below 30 with price touching AL/NL levels for high-probability long entries
📈 Overbought Rejections: Look for RSI above 70 with price rejecting AH/NH levels for short opportunities
🔍 Divergence Confirmation: When RSI shows bullish divergence at support levels (AL/NL) or bearish divergence at resistance levels (AH/NH), it often signals stronger reversal potential
⚡ Momentum Confluence: RSI crossing 50 while price breaks through CDP can confirm trend direction changes
⚙️ Configuration Options
🎨 Line Customization: Adjust width, style (solid/dashed/dotted), and colors
👁️ Display Preferences: Toggle individual levels, labels, and value table
📍 Table Position: Place the value table anywhere on your chart
🔔 Alert System: Get notifications when price crosses key levels
🔧 Technical Implementation Details
🎯 Data Reliability
The script uses request.security() with lookahead settings to ensure historical accuracy while maintaining real-time functionality. The value-locking mechanism prevents the common issue where pivot levels shift during the trading day.
🔄 Multi-Timeframe Logic
⏰ Intraday Charts: Display previous day's calculated levels as stable horizontal lines
📅 Daily Charts: Show current day's levels based on yesterday's OHLC
🔍 Consistency Check: All timeframes reference the same source data
🤔 Why CDP vs Standard Pivots?
Counter-Directional Pivots often provide more accurate reversal points than traditional pivot calculations because they incorporate the relationship between high/low ranges and closing prices more effectively. The formula creates levels that better reflect market psychology and institutional trading behaviors.
💡 Best Practices
💧 Use on liquid markets for most reliable results
📊 RSI Combination: Add RSI indicator for overbought/oversold confirmation and divergence analysis
📊 Combine with volume analysis for confirmation
🔍 Consider multiple timeframe analysis (daily levels on hourly charts)
📝 Test thoroughly in paper trading before live implementation
💪 Example Market Applications
NASDAQ:AAPL AAPL - Tech stock breakouts through AH levels
$NYSE:SPY SPY - Index trading with CDP range analysis
NASDAQ:TSLA TSLA - Volatile stock reversals at AL/NL levels
⚠️ This indicator is designed for educational and analytical purposes. Always combine with proper risk management and additional technical analysis tools.
RJ Trend TradeRJ Trend Trade
Summary
The RJ Trend Trade indicator is a comprehensive trading tool designed to identify trend-based opportunities using a combination of a lagging Parabolic SAR and Bill Williams Fractals. It provides clear visual signals for entries, take-profits, re-entries, and exits directly on your chart. With a built-in ATR-based stop loss and a fully configurable alert system, this indicator is built to be a complete framework for discretionary or systematic traders.
Core Strategy
The indicator's logic is built upon two robust technical concepts:
Lagging Parabolic SAR (PSAR) for Trend Direction and Entries/Exits: The core trend direction and primary entry/exit signals are determined by a crossover between the price and a lagging PSAR. A cross of the lagging PSAR above the high signals a potential buy entry, while a cross below the low signals a potential sell entry. The reverse crossovers act as the primary exit signals, indicating a potential trend reversal.
Bill Williams Fractals for Take-Profit (TP) and Re-Entries (RE): Once a trade is active, the indicator uses breakouts of recent Bill Williams Fractals to identify tactical opportunities.
Take-Profit (TP): When price breaks a fractal in the direction of the trend (e.g., breaks a higher-high fractal in an uptrend), it signals a potential area to take partial or full profits.
Re-Entry (RE): When price breaks a fractal against the primary trend (e.g., breaks a higher-high fractal during a downtrend), it can signal a potential re-entry point to add to the position, often at a more favorable price.
Key Features
Clear Visual Signals: Displays easy-to-read labels on the chart for all key trading events:
BUY / SELL: Main entry signals.
TP: Take-Profit signals.
RE: Re-Entry signals.
EXIT: Trend reversal exit signals based on PSAR.
SL: Stop Loss hit signals.
ATR-Based Stop Loss: Includes an optional, fully configurable Average True Range (ATR) stop loss to help manage risk from the moment a position is opened.
Comprehensive Alert System: Every single signal generated by the indicator (Buy, Sell, TP, RE, Exit, and SL) can be used to create a custom alert in TradingView. This allows for seamless integration with mobile notifications, email, or webhook-based automation.
Highly Customizable: Provides a detailed settings menu to fine-tune every aspect of the strategy, including PSAR parameters, Fractal lookbacks, and signal visibility.
Position Direction Control: Easily configure the indicator to show Buy & Sell, Buy Only, or Sell Only signals to match your market bias.
How to Use
Entry Signals: Look for BUY (green label below a candle) or SELL (red label above a candle) signals to initiate a trade. These appear when the lagging PSAR indicates a new trend may be starting.
Managing the Trade:
Take-Profit (TP): When a TP label appears, consider taking some profit off the table.
Re-Entry (RE): When an RE label appears, it suggests a potential opportunity to add to your existing position.
Stop Loss (SL): The red line indicates your ATR-based stop loss level. If the price touches this line, an SL label will appear, and the indicator will automatically close the conceptual trade.
Exit Signals: An EXIT label (based on the PSAR reversing) signals that the primary trend may have ended, and it is time to close the position.
Setting Up Alerts
This indicator is designed for full alert integration.
Add the indicator to your chart.
Click the 'Alert' button in TradingView's top toolbar.
In the 'Condition' dropdown, select "RJ Trend Trade".
In the second dropdown, choose the specific signal you want an alert for (e.g., "Enter-Buy", "TP-Sell", "StopLoss-Buy").
Configure your notification preferences and click "Create".
Disclaimer: This indicator is a tool for technical analysis and should not be considered financial advice. All trading involves risk. Please backtest this indicator thoroughly and use proper risk management before trading with real capital.
Stoch + TSI [BullishBearVentures]Combines the Stochastic and the TSI indicator. When combined, they are invaluable at seeing price reversals on current trend.
Arnaud Legoux Moving Average Bands MTF V3 Strategy参数设置
时间框架（picktf）：默认设置为 4 小时（"240"），用于从更高时间框架获取数据。
窗口大小（windowsize）：用于 ALMA 计算的周期数，默认为 100。
偏移（offset）：用于 ALMA 计算的偏移量，默认为 0.85。
Sigma（sigma）：用于 ALMA 计算的平滑参数，默认为 6。
ATR 参数：用于计算平均真实波动幅度（ATR），并根据 ATR 值扩展带的宽度。
指标计算
ALMA 计算：
使用 alma() 函数计算当前时间框架的 Arnaud Legoux 移动平均线。
ATR 计算：
使用 rma(tr(true), ATRlength) 计算平均真实波动幅度（ATR）。
扩展带计算：
根据 ATR 值和不同的乘数（ATRMult、ATRMult2、ATRMult3），计算多个扩展带（emaup、emadw、emahigh、emalow 等）。
多时间框架数据获取：
使用 security() 函数从指定的更高时间框架（picktf）获取 ALMA 和扩展带的值。
绘制图表
绘制 ALMA 线：
使用 plot() 函数绘制当前时间框架的 ALMA 线（almamed）。
绘制扩展带：
绘制多个扩展带，包括 emaup、emadw、emahigh、emalow 等。
绘制多时间框架线：
绘制从更高时间框架获取的 ALMA 和扩展带的值（almatfpv、almatfup、almatfdw 等）。
整体逻辑
这个指标结合了 Arnaud Legoux 移动平均线（ALMA）和平均真实波动幅度（ATR）来生成多个扩展带。
通过 security() 函数，它可以从更高时间框架获取数据，从而在当前时间框架的图表上显示多时间框架的指标。
不同颜色的线条表示不同的扩展带，帮助识别潜在的支撑和阻力区域。
优缺点分析
优点：
结合了 ALMA 和 ATR，提供动态的支撑和阻力区域。
支持多时间框架分析，提供更全面的市场视角。
缺点：
参数较多，可能需要根据具体市场和资产进行优化。
在某些市场条件下可能产生较多伪信号。
这个指标适合用于识别趋势和潜在的交易区域，可以通过调整参数来适应不同的市场条件和交易策略。
### Parameter Settings
- **Timeframe (picktf)**: Default set to 4 hours ("240") for fetching higher timeframe data.
- **Window Size (windowsize)**: Periods used in ALMA calculation, defaulting to 100.
- **Offset (offset)**: Used in ALMA calculation, defaulting to 0.85.
- **Sigma (sigma)**: A smoothing parameter for ALMA, defaulting to 6.
- **ATR Parameters**: Used to calculate the Average True Range (ATR) and determine the width of the bands.
### Indicator Calculations
- **ALMA Calculation**:
- The Arnaud Legoux Moving Average is calculated using the `alma()` function.
- **ATR Calculation**:
- The Average True Range (ATR) is calculated using `rma(tr(true), ATRlength)`.
- **Band Calculations**:
- Multiple bands (emaup, emadw, emahigh, emalow, etc.) are calculated based on ATR values and multipliers.
- **Multi-Timeframe Data**:
- The `security()` function fetches ALMA and band values from the higher timeframe (picktf).
### Chart Plotting
- **ALMA Line**:
- The current timeframe's ALMA line (almamed) is plotted using `plot()`.
- **Bands**:
- Multiple bands, including emaup, emadw, emahigh, and emalow, are plotted.
- **Multi-Timeframe Lines**:
- ALMA and band values from the higher timeframe (almatfpv, almatfup, almatfdw, etc.) are plotted.
### Overall Logic
- This indicator combines the Arnaud Legoux Moving Average (ALMA) and Average True Range (ATR) to create dynamic support and resistance bands.
- It uses the `security()` function to display multi-timeframe data on the current chart.
- Different colored lines indicate various bands, aiding in the identification of potential support and resistance areas.
### Strengths and Weaknesses
- **Strengths**:
- Combines ALMA and ATR for dynamic support/resistance zones.
- Offers a multi-timeframe perspective for comprehensive analysis.
- **Weaknesses**:
- Numerous parameters may require optimization for specific markets/assets.
- May generate false signals in certain market conditions.
This indicator is effective for identifying trends and potential trading zones and can be tailored to different market conditions through parameter adjustments.
MC 10 Min Prop Trading SystemMC 10 Min Prop Trading System
By Melius Cras Inc.
Precision-built for high-frequency day trading on indices like US500, GER40, and UK100.
The MC 10 Min Prop Trading System is a proprietary institutional-grade script developed by Melius Cras Inc., designed to identify high-probability entries through a 3-pillar confluence model:
EMA Stack Confirmation (Trend Alignment)
RSI Extremes (Momentum Exhaustion)
PDH/PDL Breakouts (Price Structure Shift)
Trades are only triggered when 2 of 3 signals align, minimizing false positives and improving signal integrity.
🧠 Key Institutional Features:
Smart Risk Layer: Built-in TP/SL engine with configurable 1:3 risk/reward
Cooldown Logic: Auto-delay between trades to prevent overexposure
Drawdown Control: Halts system after 3 consecutive losses or 1% equity loss
Market Awareness: Integrates FOMC blackout detection and VIX-based volatility filters
Performance Engine: Real-time P&L, equity curve progression, win/loss tracking, and drawdown visualization
Execution Filters: Optional confirmation candle for PDH/PDL breakouts
⚙️ Intended Use:
This system is not a retail strategy. It is a prop-trading–ready framework designed to serve as:
A daily execution model for funded accounts
A base for automated system integration
A high-performance tool for professional day traders
⚠️ Use responsibly. Designed for experienced traders who understand the risks of leverage and fast-paced execution environments.
Ehlers Three Pole Butterworth Filter Strategy指标概述
这是一个基于 Ehlers 三极巴特沃斯滤波器的指标，用于平滑价格数据，识别潜在趋势。
它还结合了交叉信号和发散检测来生成交易信号。
核心逻辑
巴特沃斯滤波器计算 ：通过 calculateButterworthFilter 函数计算滤波器值和触发值。这些值用于识别价格趋势。
交叉信号 ：当滤波器值与触发值交叉时，生成买卖信号。具体来说，当滤波器值上穿触发值时生成买入信号，下穿时生成卖出信号。
发散检测 ：指标还检测常规和隐藏的多头和空头发散。发散是指价格走势与指标走势不一致的情况，可能预示着趋势反转。
交易逻辑
买入信号 ：当出现以下情况时，生成买入信号：
滤波器值上穿触发值。
出现常规或隐藏的多头发散。
卖出信号 ：当出现以下情况时，生成卖出信号：
滤波器值下穿触发值。
出现常规或隐藏的空头发散。
细节分析
该指标使用 hl2（最高价和最低价的平均值）作为默认价格输入，但用户可以根据需要调整。
periodInput 参数控制滤波器的周期，影响指标的灵敏度。
使用 label 函数在图表上标记买卖信号，方便用户快速识别。
alertcondition 函数用于设置警报，当满足特定条件时通知用户。
Indicator Overview
This is an indicator based on the Ehlers Three-Pole Butterworth Filter. It smooths price data to identify potential trends and combines crossover signals and divergence detection to generate trading signals.
Core Logic
Butterworth Filter Calculation :The filter and trigger values are calculated via the calculateButterworthFilter function and are used to identify price trends.
Crossover Signals :When the filter value crosses the trigger value, trading signals are generated. An upward crossover suggests a buy signal, while a downward crossover indicates a sell signal.
Divergence Detection :The indicator also detects regular and hidden bullish and bearish divergences, which occur when the price movement and the indicator movement are inconsistent, potentially signaling a trend reversal.
Trading Logic
Bullish Signal :Generated when the filter value crosses up over the trigger value, or when regular or hidden bullish divergence is detected.
Bearish Signal :Generated when the filter value crosses down under the trigger value, or when regular or hidden bearish divergence is detected.
Details
The indicator uses hl2 (the average of the high and low prices) as the default price input, but this can be adjusted by the user.
The periodInput parameter controls the filter's period, affecting its sensitivity.
The label function is used to mark buy and sell signals on the chart for quick identification.
The alertcondition function sets up alerts to notify users when specific conditions are met.
Close alertingThis script generates alerts when the current candle CLOSES ABOVE the previous candle's HIGH, or CLOSES BELOW the previous candle's LOW.
✅ Works on ANY timeframe you are viewing (1m, 5m, 15m, 1h, 4h, etc.)
✅ Alerts can be created:
- "Close Above Previous High"
- "Close Below Previous Low"
The script is lightweight and works purely on current chart timeframe. No need to adjust or configure — just add to chart and set Alerts.
Enjoy and safe trading! 🚀
GEEKSDOBYTE X RAYEN KAMTA ORB Advanced with Signals & TargetsCME_MINI:NQ1!
This Pine Script indicator is an **Opening Range Breakout (ORB) system** for TradingView. It overlays on price charts and helps identify trade entries based on:
1. **Opening Range breakout levels**
2. **Volume confirmation**
3. **RSI-based momentum signals**
4. **Visual targets and stop losses**
5. **Optional Parabolic SAR for trend guidance**
6. **Alerts and data display table**
---
### 🔍 **Key Components and Features**
#### 🕒 **Opening Range Breakout (ORB)**
* Lets users choose the range period: `5`, `15`, `30`, or a custom session (`e.g. 0930–1030`).
* Captures the **high and low of that range**.
* Draws **dashed lines** to represent ORB High and Low.
#### 📈 **Breakout Signals**
* After the session ends, it checks for a **breakout above/below** the ORB using:
* **Price crossover**
* **Optional volume spike confirmation** (volume > 1.5× SMA of last 20 bars)
#### 🔄 **RSI Confirmation**
* Detects **bullish/bearish RSI crossovers**:
* Buy when RSI crosses **above 60**
* Sell when RSI crosses **below 49**
* Signals are filtered to avoid repetition (i.e., only once per valid setup).
#### 🎯 **Profit Targets & Stop Loss**
* Automatically calculates:
* **Target:** Equal to the ORB range added to breakout point
* **Stop:** At the opposite ORB level
* Optionally plotted if enabled.
#### 🌀 **Parabolic SAR (optional)**
* Visual overlay using customizable SAR values.
#### 🧾 **Table Display**
* In the bottom-right of the chart, shows:
* ORB period
* Current high/low values of the opening range
#### 🔔 **Alerts**
* Trigger alerts when:
* New ORB is established
* Confirmed breakouts occur
* RSI-based signals fire
---
### ⚙️ **Inputs & Customizations**
| Group | Feature | Description |
| ------------ | ------------------------- | -------------------------------------- |
| ORB | Period, Session, Timezone | Configures ORB time window |
| Confirmation | Volume spike | Adds breakout confirmation via volume |
| RSI | RSI thresholds | Adds another layer of entry validation |
| Targets | Target/Stop lines | Draws visual TP/SL levels |
| SAR | Parabolic SAR | Optional trend-following tool |
---
### 📊 Visuals
* **Breakouts:** Arrows on breakout bars.
* **RSI signals:** Tiny circles (above bar = short, below = long).
* **ORB levels:** Green (high) and red (low) dashed lines.
* **Targets & Stops:** Aqua (targets) and orange (stops) lines.
* **SAR:** Yellow dots across bars when enabled.
### ✅ Use Case
Traders can use this script to:
* Systematically identify breakout trades after the market opens
* Filter entries with volume and RSI
* Visually see where to take profit and stop out
* Get alerts for all key moments — ORB, breakouts, and momentum shifts
5-Min Gold Scalping Strategy with 1:3 RR//@version=5
strategy("5-Min Gold Scalping Strategy with 1:3 RR", overlay=true, default_qty_type=strategy.percent_of_equity, default_qty_value=2)
// Trend Direction (Using 15-Minute Price Action)
higherHigh = ta.highest(high, 5)
higherLow = ta.highest(low, 5)
lowerHigh = ta.lowest(high, 5)
lowerLow = ta.lowest(low, 5)
trendUp_15min = request.security(syminfo.tickerid, "15", higherHigh > higherHigh and higherLow > higherLow )
trendDown_15min = request.security(syminfo.tickerid, "15", lowerHigh < lowerHigh and lowerLow < lowerLow )
// Price Action on 5-Minute Chart
// Support/Resistance (Swing Lows/Highs)
swing_low = ta.lowest(low, 5)
swing_high = ta.highest(high, 5)
// Candlestick Patterns (Bullish/Bearish Engulfing)
bullishEngulfing = close > open and close < open and close > high and open < low
bearishEngulfing = close < open and close > open and close < low and open > high
// Buy and Sell Conditions
buySignal = trendUp_15min and bullishEngulfing
sellSignal = trendDown_15min and bearishEngulfing
// Auto Buy Entry
if (buySignal)
strategy.entry("Buy", strategy.long)
label.new(bar_index, low, "BUY", color=color.green, style=label.style_label_up, textcolor=color.white)
// Auto Buy Exit (1:3 RR)
if (strategy.position_size > 0)
stopLossBuy = swing_low
takeProfitBuy = close + (close - stopLossBuy) * 3
strategy.exit("Buy Exit", "Buy", stop=stopLossBuy, limit=takeProfitBuy)
// Auto Sell Entry
if (sellSignal)
strategy.entry("Sell", strategy.short)
label.new(bar_index, high, "SELL", color=color.red, style=label.style_label_down, textcolor=color.white)
// Auto Sell Exit (1:3 RR)
if (strategy.position_size < 0)
stopLossSell = swing_high
takeProfitSell = close - (stopLossSell - close) * 3
strategy.exit("Sell Exit", "Sell", stop=stopLossSell, limit=takeProfitSell)
// Plot Buy/Sell Signals with Shapes
plotshape(buySignal, title="Buy Signal", location=location.belowbar, color=color.green, style=shape.triangleup, size=size.small)
plotshape(sellSignal, title="Sell Signal", location=location.abovebar, color=color.red, style=shape.triangledown, size=size.small)
PAC INDEXThis indicator plots a Price Action Channel (PAC) using a Smoothed Moving Average (SMMA) of highs and lows, and overlays these bands directly on the main chart. It uses standard Heiken Ashi calculations (not the built-in function) to highlight price structure with an emphasis on trend exhaustion and volatility.
Features
Plots PAC High and PAC Low –
Customizable channel boundaries using SMMA smoothing (user sets lookback length).
Heiken Ashi Calculation (manual):
Heiken Ashi open, close, high, and low are computed per-bar for deeper trend insight.
Visual Channel Fill:
The space between PAC High and Low is filled for instant trend identification.
Condition Markers:
Dots appear above bars when the Heiken Ashi close exceeds the PAC High (potential overextension or momentum).
Dots appear below bars when the Heiken Ashi close falls below the PAC Low (potential exhaustion or reversal).
Configurable:
User can adjust the smoothing length to fit different trading styles or market volatility.
⸻
How To Use
Add to any chart and timeframe (works on all symbols).
Watch the channel:
When Heiken Ashi closes break above the PAC High, price may be in a strong trend or overbought zone.
When Heiken Ashi closes break below the PAC Low, price may be in an exhaustion or potential reversal zone.
Adjust the “Length” parameter for tighter (shorter) or wider (longer) channels depending on your strategy.
Use as a filter for trade entries/exits or to confirm momentum and exhaustion within your price action framework
.
Notes
All calculations are performed directly in the script for transparency and customization.
This indicator is not a buy/sell signal system—interpret breakouts and channel extremes within your own trade plan.
Technical Strength Index (TSI)📘 TSI with Dynamic Bands – Technical Strength Index
The TSI with Dynamic Bands is a multi-factor indicator designed to measure the statistical strength and structure of a trend. It combines several quantitative metrics into a single, normalized score between 0 and 1, allowing traders to assess the technical quality of market moves and detect overbought/oversold conditions with adaptive precision.
🧠 Core Components
This indicator draws from the StatMetrics library, blending:
📈 Trend Persistence: via the Hurst exponent, indicating whether price action is mean-reverting or trending.
📉 Risk-Adjusted Volatility: via the inverted , rewarding smoother, less erratic price movement.
🚀 Momentum Strength: using a combination of directional momentum and Z-score–normalized returns.
These components are normalized and averaged into the TSI line.
🎯 Features
TSI Line: Composite score of trend quality (0 = weak/noise, 1 = strong/structured).
Dynamic Bands: Mean ± 1 standard deviation envelopes provide adaptive context.
Overbought/Oversold Detection: Based on a rolling quantile (e.g. 90th/10th percentile of TSI history).
Signal Strength Bar (optional): Measures how statistically extreme the current TSI value is, helping validate confidence in trade setups.
Dynamic Color Cues: Background and bar gradients help visually identify statistically significant zones.
📈 How to Use
Look for overbought (red background) or oversold (green background) conditions as potential reversal zones.
Confirm trend strength with the optional signal strength bar — stronger values suggest higher signal confidence.
Use the TSI line and context bands to filter out noisy ranges and focus on structured price moves.
⚙️ Inputs
Lookback Period: Controls the smoothing and window size for statistical calculations.
Overbought/Oversold Quantiles: Adjust the thresholds for signal zones.
Plot Signal Strength: Enable or disable the signal confidence bar.
Overlay Signal Strength: Show signal strength in the same panel (compact) or not (cleaner TSI-only view).
🛠 Example Use Cases
Mean reversion traders identifying reversal zones with statistical backing
Momentum/Trend traders confirming structure before entries
Quantitative dashboards or multi-asset screening tools
⚠️ Disclaimer
This script is for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any financial instrument.
This AI is not a financial advisor; please consult your financial advisor for personalized advice.
Smart OBsSmart Order Block Indicator with Mitigation Detection
This indicator identifies bullish and bearish order blocks on the chart using a price action-based logic. For a bearish order block, it detects a candle whose high is higher than the highs of the candles immediately before and after it, followed by a candle after the next one whose high is below the low of the order block candle. Conversely, a bullish order block is identified where a candle’s low is lower than the lows of its neighboring candles and the subsequent candle after next has a low above the high of the order block candle. This method helps to spot potential areas where institutional buying or selling occurred.
Once identified, the indicator plots rectangular zones on the chart highlighting these order blocks, allowing traders to visualize key supply and demand areas. The zones extend forward by a configurable number of bars to anticipate potential future price reactions. Additionally, the indicator checks if the order block zone has been “mitigated” or “consumed” by current price action, meaning price has retraced into or through the zone, potentially weakening its strength. Mitigated zones are not replotted, keeping the chart cleaner.
This tool assists traders in spotting high-probability reversal or continuation zones, aiding in entry, stop-loss, and take-profit placement decisions by visually marking institutional order flow areas.
Relative Strength vs VNINDEX (63d & 5d) – by [Linh]Relative Strength vs VNINDEX 3 months and 1 week
This indicator / pine screener compare/scan stocks outperform the VNINDEX for the last 3 months and the last 1 week.
Bullish/Bearish Candle HighlighterAdjustable indicator designed to highlight bullish or bearish candles.
Trading SessionsWhat's New:
Current Session Highlight:
The indicator now displays a visible frame or highlight for the active trading session. This real-time visual cue makes it easier to focus on the current market dynamics and quickly assess intraday price behavior within the ongoing session.
This enhancement is particularly useful for active traders who want to stay oriented during live trading hours, offering improved clarity and faster decision-making.
Retail PositioningTest indicator for positioning should show how the retailers are positioned.
Indicator is still under construction, with the Pine.seed it should be possible to show how much of the retailers are positioned on the forex pairs.
Hammer Confirmation Labels - 15m & 1Hon 15 minutes and 1 hour time frame only, a hammer candle is formed and the following candle closes above hammer high, print white label HC15 below the hammer candle on 15 minutes chart, and HC1H when it is on 1 hour time frame.
9 EMA & 15 EMA Crossover with Angle FilterThe indicator is used for scalping , if 9 cross over 15 ema and the angle is more than 30 to confirm a bullish trend , it give a buy signal . if the 9 corss over 15 downside and angle is more than -30 to confirm a bearish trend , it give a sell signal .
BTC 200W SMA Cycle Top Alert System • ⚠️ Alert Zone 1 → within $6K–$4K of ATH
• 🔔 Alert Zone 2 → within $4K–$2K
• 🚨 Alert Zone 3 → within $2K–$1K
• 🟥 Final Alert → within $1K
Estrategia Pro - Score Técnico InteligenteThis script is a professional-grade technical analysis tool designed for ETH and adaptable to any crypto or financial asset. It evaluates 9 key indicators—including ADX, MACD, RSI, Bollinger Bands, Fibonacci, volume, and candlestick patterns—to generate a dynamic buy/sell recommendation. Thresholds auto-adjust based on market volatility, making it responsive to current market conditions.
A real-time score from 0 to 9 is calculated on each candle. When the score exceeds a predefined confidence level, the script issues a recommendation (Buy / Hold / Sell), shown in a compact color-coded table at the top right of your chart.
✅ How to Use It
Add to Chart: Paste the script into the Pine Script editor on TradingView, then click “Add to chart”.
Look at the Table:
Each row shows the status of an indicator.
Green = the condition is met (✅), red = not met (❌).
Final Recommendation:
Appears on the last row.
Includes an action label (Buy / Hold / Sell) and a confidence percentage.
Alerts:
Alerts are built in and can be configured to trigger when the score crosses certain thresholds (e.g., strong buy or strong sell).
Best Used With:
Timeframes from 1h to 1D for swing trading or strategic entries.
ETH/USD, but works seamlessly on other assets (just rename if preferred).
Dynamic Adjustments:
Thresholds for ADX and RSI adjust based on recent market volatility to reduce false signals.
