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Whale Money Flow DetectorKey Components: Volume Analysis: Detects unusual volume spikes compared to average Money Flow Index: Shows buying vs selling pressure Whale Detection: Identifies large moves with high volume Cumulative Flow: Tracks net whale activity over time Visual Signals: Background colors and whale emoji labels What it detects: Large volume transactions (configurable multiplier) Significant price moves with corresponding volume Buying vs selling pressure from large players Cumulative whale flow momentum Customizable Parameters: Volume MA Length (default: 20) Whale Volume Multiplier (default: 2.0x) Money Flow Length (default: 14) Detection Sensitivity (default: 1.5) Visual Features: Green background for whale buying Red background for whale selling Whale emoji labels on significant moves Real-time stats table Multiple plot lines for different metrics How to use: Copy the code to TradingView's Pine Editor Apply to your chart Adjust sensitivity settings based on your asset's behavior Set up alerts for whale buy/sell signals
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CryptoBullRunners의
Reversal Scalper – Adib NooraniThe Reversal Scalper is an indicator designed to identify potential reversal zones based on supply and demand dynamics. It uses smoothed stochastic logic along with ATR bands, to reduce noise and highlight areas where momentum may be weakening, signaling possible market turning points. 🔹 Smooth, noise-reduced stochastic oscillator 🔹 Custom zones to highlight potential supply and demand imbalances 🔹 Non-repainting, compatible across all timeframes and assets 🔹 Visual-only tool — intended to support discretionary trading decisions This oscillator assists scalpers and intraday traders in tracking subtle shifts in momentum, helping them identify when a market may be preparing to reverse — always keeping in mind that trading is based on probabilities, not certainties. 📘 How to Use the Indicator Efficiently For Reversal Trading: Buy Setup – When the blue line dips below the 20 level, wait for it to re-enter above 20. – Look for reversal candlestick patterns (e.g., bullish engulfing, hammer, or morning star). – Enter above the pattern’s high, with a stop loss below its low. Sell Setup – When the blue line rises above the 80 level, wait for it to re-enter below 80. – Look for bearish candlestick patterns (e.g., bearish engulfing, inverted hammer, or evening star). – Enter below the pattern’s low, with a stop loss above its high. 🛡 Risk Management Guidelines Risk only 0.5% of your capital per trade Book 50% profits at a 1:1 risk-reward ratio Trail the remaining 50% using price action or other supporting indicators
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GlobalMarketWizard의
2
Wickless Heikin Ashi B/S [CHE]Wickless Heikin Ashi B/S \ Purpose. Wickless Heikin Ashi B/S \ is built to surface only the cleanest momentum turns: it prints a Buy (B) when a bullish Heikin-Ashi candle forms with virtually no lower wick, and a Sell (S) when a bearish Heikin-Ashi candle forms with no upper wick. Optional Lock mode turns these into one-shot signals that hold the regime (bull or bear) until the opposite side appears. The tool can also project dashed horizontal lines from each signal’s price level to help you manage entries, stops, and partial take-profits visually. How it works. The indicator computes standard Heikin-Ashi values from your chart’s OHLC. A bar qualifies as bullish if its HA close is at or above its HA open; bearish if below. Then the wick on the relevant side is compared to the bar’s HA range. If that wick is smaller than your selected percentage threshold (plus a tiny tick epsilon to avoid rounding noise), the raw condition is considered “wickless.” Only one side can fire; on the rare occasion both raw conditions would overlap, the bar is ignored to prevent false dual triggers. When Lock is enabled, the first valid signal sets the active regime (background shaded light green for bull, light red for bear) and suppresses further same-side triggers until the opposite side appears, which helps reduce overtrading in chop. Why wickless? A missing wick on the “wrong” side of a Heikin-Ashi candle is a strong hint of persistent directional pressure. In practice, this filters out hesitation bars and many mid-bar flips. Traders who prefer entering only when momentum is decisive will find wickless bars useful for timing entries within an established bias. Visuals you get. When a valid buy appears, a small triangle “B” is plotted below the bar and a green dashed line can extend to the right from the signal’s HA open price. For sells, a triangle “S” above the bar and a red dashed line do the same. These lines act like immediate, price-anchored references for stop placement and profit scaling; you can shift the anchor left by a chosen number of bars if you prefer the line to start a little earlier for visual alignment. How to trade it Establish context first. Pick a timeframe that matches your style: intraday index or crypto traders often use 5–60 minutes; swing traders might prefer 2–4 hours or daily. The tool is agnostic, but the cleanest results occur when the market is already trending or attempting a fresh breakout. Entry. When a B prints, the simplest rule is to enter long at or just after bar close. A conservative variation is to require price to take out the high of the signal bar in the next bar(s). For S, invert the logic: enter short on or after close, or only if price breaks the signal bar’s low. Stop-loss. Place the stop beyond the opposite extreme of the signal HA bar (for B: under the HA low; for S: above the HA high). If you prefer a static reference, use the dashed line level (signal HA open) or an ATR buffer (e.g., 1.0–1.5× ATR(14)). The goal is to give the trade enough room that normal noise does not immediately knock you out, while staying small enough to keep the risk contained. Take-profit and management. Two pragmatic approaches work well: R-multiple scaling. Define your initial risk (distance from entry to stop). Scale out at 1R, 2R, and let a runner go toward 3R+ if structure holds. Trailing logic. Trail behind a short moving average (e.g., EMA 20) or progressive swing points. Many traders also exit on the opposite signal when Lock flips, especially on faster timeframes. Position sizing. Keep risk per trade modest and consistent (e.g., 0.25–1% of account). The indicator improves timing; it does not replace risk control. Settings guidance Max lower wick for Bull (%) / Max upper wick for Bear (%). These control how strict “wickless” must be. Tighter values (0.3–1.0%) yield fewer but cleaner signals and are great for strong trends or low-noise instruments. Looser values (1.5–3.0%) catch more setups in volatile markets but admit more noise. If you notice too many borderline bars triggering during high-volatility sessions, increase these thresholds slightly. Lock (one-shot until opposite). Keep Lock ON when you want one decisive signal per leg, reducing noise and signal clusters. Turn it OFF only if your plan intentionally scales into trends with multiple entries. Extended lines & anchor offset. Leave lines ON to maintain a visual memory of the last trigger levels. These often behave like near-term support/resistance. The offset simply lets you start that line one or more bars earlier if you prefer the look; it does not change the math. Colors. Use distinct bull/bear line colors you can read easily on your theme. The default lime/red scheme is chosen for clarity. Practical examples Momentum continuation (long). Price is above your baseline (e.g., EMA 200). A B prints with a tight lower wick filter. Enter on close; stop under the signal HA low. Price pushes up in the next bars; you scale at 1R, trail the rest with EMA 20, and finally exit when a distant S appears or your trail is hit. Breakout confirmation (short). Following a range, price breaks down and prints an S with no upper wick. Enter short as the bar closes or on a subsequent break of the signal bar’s low. If the next bar immediately rejects and prints a bullish HA bar, your stop above the signal HA high limits damage. Otherwise, ride the move, harvesting partials as the red dashed line remains unviolated. Alerts and automation Set alerts to “Once Per Bar Close” for stability. Bull ONE-SHOT fires when a valid buy prints (and Lock allows it). Bear ONE-SHOT fires for sells analogously. With Lock enabled, you avoid multiple pings in the same direction during a single leg—useful for webhooks or mobile notifications. Reliability and limitations The script calculates from completed bars and does not use higher-timeframe look-ahead or repainting tricks. Heikin-Ashi smoothing can lag turns slightly, which is expected and part of the design. In narrow ranges or whipsaw conditions, signals naturally thin out; if you must trade ranges, either tighten the wick filters and keep Lock ON, or add a trend/volatility filter (e.g., trade B only above EMA 200; S only below). Remember: this is an indicator, not a strategy. If you want exact statistics, port the triggers into a strategy and backtest with your chosen entry, stop, and exit rules. Final notes Wickless Heikin Ashi B/S \ is a precision timing tool: it waits for decisive, wickless HA bars, provides optional regime locking to reduce noise, and leaves clear price anchors on your chart for disciplined management. Use it with a simple framework—trend bias, fixed risk, and a straightforward exit plan—and it will keep your execution consistent without cluttering the screen or your decision-making. Disclaimer: This indicator is for educational use and trade assistance only. It is not financial advice. You alone are responsible for your risk and results. Enhance your trading precision and confidence with Wickless Heikin Ashi B/S ! 🚀 Happy trading Chervolino
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chervolino의
8 EMA BundleThis indicator plots 8 key Exponential Moving Averages (EMAs) — 5, 8, 13, 20, 34, 50, 100, and 200 — in one script. These EMAs help traders analyze short, medium, and long-term market trends at a glance. 📌 Features: Short-term EMAs (5, 8, 13, 20) highlight momentum and quick trend changes. Medium-term EMAs (34, 50) confirm ongoing trends. Long-term EMAs (100, 200) define the primary trend and major support/resistance. Suitable for both intraday and swing trading. This tool simplifies multi-EMA analysis, making it easier to spot crossovers, trend shifts, and pullback opportunities.
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tapanvarma71의
MEMEC - Meme Coin Market Cap [Da_Prof]For this indicator, the meme coin market cap of the top meme coins are added together to get an estimate of the total meme coin market cap back to the first meme coin, DOGE. Meme.C does this natively on TradingView, but its data only goes back to 19 May 2025. For the indicator, MEME.C supersedes the addition of all the individual meme coins (i.e., from 19 May 2025 to present). The start of MEME.C is labeled on the chart by default, but can be removed by deselecting the label in the settings. After the creation of DOGE, but before data is available for Meme.C, the highest market cap meme coins are added together to estimate the meme coin market cap. The meme coins used by default are DOGE, SHIB, PEPE, BONK, FLOKI, PENGU, TRUMP, SPX6900, FARTCOIN, WIF, M, BRETT, B, MOG, APE, TURBO, DOG, and POPCAT. Users can select if they wish to disregard any or all of these coins. As of the creation of the indicator, DOGE, SHIB, and PEPE have CRYPTOCAP symbols on TradingView. Therefore, the true market cap of these coins is integrated into this indicator. The other meme coin market caps are estimated using price and the circulating supply as of 09/16/2025. I make no claims as to the indicator's exact accuracy. In fact, it isn't exactly accurate since I utilized the circulating supply on the day it was created, so for meme coins that have a changing supply, the market cap will be at least slightly inaccurate. Use this indicator at your own risk. To use the indicator, it is best to plot overlayed on the CRYPTOCAP:DOGE chart. You can decide whether or not to hide the DOGE market cap.
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Da_Prof의
4
Swing Cross NotifierThis indicator identifies swing highs and lows on the chart and draws horizontal lines at these levels. It is designed to send an alert when the price first crosses a swing level and then closes with a reversal candle within a user-defined number of bars. **How to Use for Alerts:** 1. Add the indicator to your chart. 2. Create an Alert. 3. In the "Condition" dropdown, select this script's name. 4. Choose "Any alert() function call". 5. Set the trigger to "Once Per Bar Close".
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mukisaivan의
Emas cryptosmart## General Summary The Emas cryptosmart indicator is a technical analysis tool designed to provide a clear and comprehensive view of the market trend. It combines a long-term Hull Moving Average (HMA) to establish the overall trend with a faster, more responsive Triple Hull Moving Average (THMA) to identify short-term momentum. Its primary feature is the dynamic candle coloring, which offers immediate visual cues about price direction, simplifying trading decisions. ## Indicator Components This indicator is composed of two main lines: Hull 200 (HMA): The Long-Term Trend Anchor This line (dynamic lime/red by default) acts as a filter for the main market trend. Due to its 200-period setting, it moves smoothly and establishes the general context. Uptrend: When the Hull 200 is rising (lime color), it indicates the macro trend is bullish. Downtrend: When it is falling (red color), the macro trend is bearish. THMA 55: The Short-Term Momentum Line This line (dynamic aqua/orange by default) is a Triple Hull Moving Average. It is extremely fast and sensitive to recent price changes, designed to capture immediate momentum. This is the key line for the candle coloring and for identifying potential entry or exit points. ## How to Interpret It The primary strategy is to use the Hull 200 to define the direction for your trades and the THMA 55 to fine-tune your timing. Candle Coloring (Main Signal): Bullish Candles (default: aqua): When the price closes above the THMA 55, the candles turn to a bullish color. This signals that immediate momentum is positive and can be considered a buy signal or confirmation to stay in a long position. Bearish Candles (default: orange): When the price closes below the THMA 55, the candles turn to a bearish color. This indicates that immediate momentum is negative, suggesting a potential sell or an exit from a long position. Confluence Strategy: The highest-probability signals occur when both moving averages are aligned. Strong Buy Example: Look for a situation where the Hull 200 is rising (lime color) and wait for the candles to turn bullish as the price crosses above the THMA 55. Strong Sell Example: Look for a situation where the Hull 200 is falling (red color) and wait for the candles to turn bearish as the price crosses below the THMA 55. ## Key Features Visual Clarity: Automatic candle coloring eliminates the need to constantly interpret crosses, allowing for a quick read of the market's state. Dual Perspective: Offers a balanced view by combining a slow trend indicator with a fast momentum indicator. Reduced Lag: The use of Hull variants minimizes the delay typical of conventional moving averages (SMAs/EMAs). Fully Customizable: All colors, for both the lines and the candles, can be adjusted in the settings menu to fit your visual style.
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edwardflores194의
oscillator fast cryptosmart (Bands on Scale)The oscillator fast cryptosmart is a high-sensitivity momentum indicator designed to generate signals more rapidly than many traditional oscillators, such as the MACD. It is engineered to detect potential price breakouts by analyzing short-term market cycles. At its core, the indicator uses a Detrended Price Oscillator (DPO) to remove the longer-term trend from price action, allowing it to focus purely on the underlying momentum cycles. It then calculates dynamic volatility bands around this oscillator line. Signals are generated when momentum breaks out from a normal range, providing traders with an early warning of a potential acceleration in price. How to Interpret the Signals: Buy Signal (Green Vertical Line): A buy signal is generated when the oscillator's main line (yellow) crosses above its upper statistical band. This indicates a sharp surge in positive momentum, suggesting a potential upward move is beginning. Sell Signal (Red Vertical Line): A sell signal is generated when the oscillator's main line crosses below its lower statistical band. This indicates a significant increase in negative momentum, suggesting a potential downward move is starting. By focusing on momentum breakouts rather than lagging moving average crossovers, the oscillator fast cryptosmart aims to provide an edge in identifying opportunities in fast-moving markets.
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edwardflores194의
oi + funding oscillator cryptosmartThe oi + funding oscillator cryptosmart is an advanced momentum tool designed to gauge sentiment in the crypto derivatives market. It combines Open Interest (OI) changes with Funding Rates, normalizes them into a single oscillator using a z-score, and identifies potential market extremes. This provides traders with a powerful visual guide to spot when the market is over-leveraged (overheated) or when a significant deleveraging event has occurred (oversold), signaling potential reversals. How It Works Combined Data: The indicator tracks the rate of change in Open Interest and the value of Funding Rates. Oscillator: It blends these two data points into a single, smoothed oscillator line that moves above and below a zero line. Extreme Zones: Overheated (Red Zone): When the oscillator enters the upper critical zone, it suggests excessive greed and high leverage, increasing the risk of a sharp correction (long squeeze). A cross below this level generates a potential sell signal. Oversold (Green Zone): When the oscillator enters the lower critical zone, it indicates panic, liquidations, and a potential market bottom. A cross above this level generates a potential buy signal. Trading Strategy & Timeframes This oscillator is designed to be versatile, but its effectiveness can vary depending on the timeframe. Optimal Timeframes (1H and 4H): The indicator has shown its highest effectiveness on the 1-hour and 4-hour charts. These timeframes are ideal for capturing significant shifts in market sentiment reflected in OI and funding data, filtering out short-term noise while still providing timely reversal signals. Lower Timeframes (e.g., 1-min, 5-min, 15-min): On shorter timeframes, the oscillator is still a highly effective tool, but it is best used as a confluence factor within a broader trading system. Due to the increased noise on these charts, it is not recommended to use its signals in isolation. Instead, use it as a final argument for entry. For example, if your primary scalping strategy gives you a buy signal, you can check if the oscillator is also exiting the oversold (green) zone to add a powerful layer of confirmation to your trade.
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edwardflores194의
1
Heikin Ashi Overlay SuiteHeikin Ashi Overlay Suite is designed to give traders more control and clarity when working with Heikin Ashi candles — whether you're analyzing trend strength, reducing chart noise, or simply improving your visual read of market momentum. It works by layering multiple types of HA overlays and color systems on top of your standard candlestick chart — without switching chart types. With dynamic gradient coloring, smoothing options, and a predictive line tool, this script helps you see not just what the current trend is, but how strong it is, and what it would take to reverse it. Heikin Ashi candles help reduce noise but this script goes further by: ➡️adding color intelligence that shows trend strength using a streak counter ➡️uses smoothing logic to clean up chop and whipsaws ➡️introduces a predictive close line — a subtle but powerful guide for anticipating trend flips before they happen Everything is configurable: colors, candle sources, overlays, predictive tools, and line styles. It’s built for traders who want visual speed, but don’t want to sacrifice signal quality. At its core, the script offers two powerful dropdown controls: 💥HA Color Scheme (Colors Regular Candles) — Applies Heikin Ashi-derived coloring to your regular candles based on trend direction or streak strength. This gives you instant visual context without switching to a separate chart type. 💥HA Candle Overlay Mode — Overlays actual Heikin Ashi-style candles directly on top of your chart, using your preferred source: ➡️Custom HA candles using internal formula logic ➡️TradingView’s built-in Heikin Ashi source with your own colors ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 🎨 Custom + Gradient HA Coloring🎨 See trend strength at a glance: ➡️1–4 bar streaks → lighter tone ➡️5–8 bars → medium tone ➡️9+ bars → bold tone, ideal for momentum-based entries, exits, or scaling strategies → Choose from: ➡️Your own custom color set ➡️A simple 2-color base mode ➡️Or a 3-level gradient for progressive trend analysis (using the streak counter) 🏛️ TradingView Official Heikin Ashi Overlay Prefer native HA candles but want your own colors? This mode plots TradingView's Heikin Ashi source, with your personal bullish/bearish color scheme. ➡️Ensures consistency with built-in charts while still leveraging your visual style. 🌊 Smoothed Heikin Ashi Candles — Clarity in Chaos🌊 These aren’t your standard HA candles. Smoothed Heikin Ashi uses a two-step EMA process to transform chaotic price action into a cleaner, slower-moving trend structure: 🔹 First, it smooths the raw OHLC data using EMA — filtering out minor price fluctuations. 🔹 Then, it applies the Heikin Ashi transformation on top of the smoothed data. 🔹 Finally, it applies a second EMA smoothing pass to the HA values — creating ultra-smooth candles. 📈 What You See: Trends appear more fluid and consistent. Choppy ranges and fakeouts are visually suppressed. Minor pullbacks within a trend are de-emphasized, helping you avoid premature exits. 🎯 Best For: Swing traders looking to stay in positions longer. Intraday traders dealing with volatile or noisy instruments. Anyone who wants a "trend map" overlay without the distractions of raw price action. ✅ Reduces whipsaws ✅ Delivers high-contrast trend zones ✅ Makes reversals more visually apparent (but with a slight lag) 📍 Predictive Close Line📍 Shows where the real close must land to flip the current HA candle's color. ✅ Use it like predictive support/resistance ✅ Know if the trend is actually at risk ✅Visualize potential fakeouts or confirmation Color-coded based on current HA direction (bullish, bearish, or neutral). 📈 Tick by tick & bar-to-bar Plots📈 Provides 2 plot types: 1)1 plot that tracks a bar tick by tick 2)another plot that tracks the close from bar to bar For the bar to bar plot, you can choose between 2 options: ✅Full Plot — continuous line colored by HA trend ✅Recent Segments — color just the last few bars (configurable) to reduce chart clutter ✅ Customize width, number of bars, and visibility ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 📘 How to Use this script📘 Imagine you're watching a choppy 15-minute chart on a volatile crypto pair — price action is messy, and it’s hard to tell if a trend is forming or just noise. Here’s how to cut through the chaos using Heikin Ashi Overlay Suite: 🔹 Step 1: Enable "Smoothed HA Candles" Start by turning on the smoothed candles. You’ll immediately notice the noise fades, and broader directional moves become easier to follow. It's like switching from static to clean trend zones. 🧠 Why: Smoothed HA uses a double EMA process that filters out small reversals and lets larger moves stand out. Perfect for sideways or jittery charts. 🔹 Step 2: Watch the Color Gradient Build As the smoothed candles begin to align in one direction, the gradient coloring (1–4, 5–8, 9+ streaks) gives you an at-a-glance visual of how strong the trend is. ✅ If you see 9+ same-colored candles? You’re likely in a mature trend. ✅ If it resets often? You’re in chop — consider staying out. 🔹 Step 3: Use the Predictive Close Line for Anticipation Now here’s the edge — this line tells you where the candle would have to close to flip colors. 📉 If price is hovering just above it during a bullish run — momentum may be weakening. 📈 If price bounces off it — the trend may be strengthening. This is excellent for confirming entries, exits, or spotting early warning signs. 🔹 Step 4: Switch Between Candle Modes as Needed You can flip between: ✅ Custom HA: Gradient candles with your colors ✅ TradingView HA: The official source with your styling ✅ None: Just color regular candles using the HA logic Use what fits your style — everything is modular. 🔹 Step 5: Tune It to Your Chart Lastly, tweak streak thresholds (currently only can do this within the source code), smoothing lengths, and line styles to match your timeframe and strategy. 🎯 Tailor The Settings to Fit Your Trading Style🎯 🔹 🧪 Scalper (1–5 min charts) If you’re trading fast intraday moves, you want quicker responsiveness and less lag. Try these settings: 🔸Smoothing Lengths: Use lower values (e.g. len = 3, len2 = 5) 🔸Candle Mode: Use Custom HA or TV’s HA for real-time color flips 🔸Predictive Close Line: Great for ultra-fast anticipation of color reversals 🔸Line Mode: Use Recent Segments mode to track short bursts of trend 🔸Colors: Use high-contrast, opaque colors for clarity ✅ These settings help you catch micro-trends and flip signals faster, while still filtering out the worst of the noise. 🔹 🧪 Swing Trader (30m–4h charts and beyond) If you’re looking for multi-hour or multi-day trend confirmation, prioritize clarity and staying in moves longer. Recommended setup: 🔸Smoothing Lengths: Medium to high values (e.g. len = 8, len2 = 21) 🔸Candle Mode: Use Smoothed HA Candles to block out intrabar chop 🔸Gradient Colors: Enable to visualize trend maturity and strength 🔸Predictive Close Line: Helps confirm trend continuation or spot early reversals 🔸Line Mode: Use Full Plot Line for clean HA-based trend tracking ✅ These settings give you a calm, clean view of the bigger picture — ideal for holding positions longer and avoiding early exits. 🔧 This script isn’t just a chart overlay — it’s a visual trend engine.🔧 Ideal For: 🔶 Trend-followers who want clean, color-coded confirmation 🔶 Reversal traders spotting exhaustion via predictive flips 🔶 Scalpers filtering noise with lighter smoothing 🔶 Swing traders using smoothed visuals to hold longer 📌 Final Note Heikin Ashi Overlay Pro is designed to help you see momentum, trend shifts, and market structure with greater clarity — not to predict price on its own. For best results: ✔️ Combine with support/resistance, moving averages, or price action patterns ✔️ Use Predictive Close as a confirmation tool, not a signal generator ✔️ Pair gradient colors with structure to gauge trend maturity ✔️ Always zoom out and check higher timeframes for context 🧠 Use this as part of a layered approach — not a standalone system. 🙏 Credits🙏 ⚡HA logic based on SimpleCryptoLife ⚡Smoothed HA concept adapted from a script by Jackvmk 💡💡💡Turn logic into clarity. Structure into trades. And uncertainty into confidence.💡💡💡
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MYNAMEISBRANDON의
7
Sessions Highs/LowsThis indicator plots the High and Low of the three main trading sessions: Asia (20:00–03:00) – green lines London (03:00–08:00) – blue lines New York (08:00–13:00) – red lines Features: Levels update in real time during each session. When a new session starts, the previous lines are deleted – only the latest active sessions remain visible. Default session times are set to Asia (20:00–03:00), London (03:00–08:00), and New York (08:00–13:00), but you can adjust them to your own custom hours in the settings. Colors can also be customized. Use cases: Quickly visualize session ranges. Track session highs/lows for breakouts, fakeouts, and reactions around liquidity zones.
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kondrix15의
Dynamic FIB Retracement Dynamic FIB Retracement. Description: This indicator automatically plots dynamic Fibonacci retracement levels (0.382, 0.5, 0.618) based on the highest high and lowest low of the selected lookback period on the current timeframe. It also provides Buy Above / Sell Below signals at the 0.5 Fibonacci level with trend confirmation, making it easier to spot high-probability trade setups. Key Features: Dynamic Fibonacci Levels – Automatically calculates 0.382, 0.5, and 0.618 retracements based on recent price action. Trend Filter Confirmation – Signals only trigger in the direction of the trend using an EMA-based trend filter (user-adjustable). Customizable Lookback – Choose how many bars the script should use to detect the high and low for Fibonacci levels. Visual Alerts – Signals are displayed directly on the chart with triangles, and alerts can be configured for both Buy and Sell events. Easy to Use – Works on any timeframe and updates automatically as price moves. Inputs: Lookback Bars: Determines the number of bars to calculate high and low for Fibonacci levels. EMA Length: Sets the period for EMA used in trend filtering signals. Use Cases: Identify potential retracement zones for entries and exits. Filter trades in the direction of the trend for higher accuracy. Quick visualization of key Fibonacci levels for swing or intraday trading. How to Use: Apply the indicator to your chart. Adjust the lookback period and EMA length to match your trading style. Watch for Buy Above / Sell Below signals near the 0.5 Fibonacci level aligned with the trend. Optionally, set alerts for automatic notifications when signals occur.
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TradeX_Live의