Supertrend + EMA IndicatorSupertrend Indicator + EMA
Overview
The **Supertrend Indicator + EMA** is a powerful and user-friendly tool designed to help traders identify trends and make informed trading decisions. By combining the **Exponential Moving Average (EMA)** and the **Supertrend**, this indicator provides a clear visual representation of the market trend and dynamic support/resistance levels. It is perfect for traders who want a clean and simple way to analyze price action without the clutter of buy/sell signals.
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Key Features
1. **Exponential Moving Average (EMA)**:
- The EMA is a widely-used trend-following indicator that smooths out price data to highlight the overall trend direction.
- Plotted as a **blue line** on the chart, the EMA helps traders identify whether the market is in an uptrend (price above EMA) or a downtrend (price below EMA).
2. **Supertrend**:
- The Supertrend is a dynamic trend-following indicator that adapts to market volatility.
- Plotted as a **green line** during an uptrend and a **red line** during a downtrend, the Supertrend provides clear visual cues for trend direction and potential support/resistance levels.
3. **Customizable Parameters**:
- Adjust the **EMA length**, **Supertrend ATR length**, and **Supertrend multiplier** to suit your trading style and market conditions.
4. **Clean and Simple**:
- The indicator focuses on plotting the EMA and Supertrend lines without generating buy/sell signals, making it easy to interpret and use.
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#### **How It Works**
1. **EMA as a Trend Filter**:
- The EMA acts as a baseline for the trend. If the price is above the EMA, the trend is considered bullish. If the price is below the EMA, the trend is considered bearish.
2. **Supertrend for Dynamic Support/Resistance**:
- The Supertrend line adjusts to market volatility, providing dynamic support during an uptrend and resistance during a downtrend.
- The color of the Supertrend line (green for uptrend, red for downtrend) helps traders quickly identify the current trend direction.
3. **Combined Analysis**:
- By combining the EMA and Supertrend, traders can confirm the overall trend direction and identify key levels for potential entries and exits.
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#### **How to Use**
1. **Add the Indicator**:
- Apply the indicator to your chart in TradingView.
- Customize the parameters (EMA length, Supertrend ATR length, and multiplier) to match your trading preferences.
2. **Interpret the Indicator**:
- **EMA Line (Blue)**: Use it to determine the overall trend direction. Price above the EMA indicates a bullish trend, while price below the EMA indicates a bearish trend.
- **Supertrend Line (Green/Red)**: Use it to identify dynamic support/resistance levels and confirm the trend direction.
3. **Trading Strategy**:
- Look for confluence between the EMA and Supertrend. For example:
- In an **uptrend**, the price should be above the EMA, and the Supertrend line should be green.
- In a **downtrend**, the price should be below the EMA, and the Supertrend line should be red.
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#### **Example Settings**
- **EMA Length**: 50 (for short-term trend confirmation).
- **ATR Length**: 10 (for Supertrend volatility adjustment).
- **Supertrend Multiplier**: 3.0 (for trend sensitivity).
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#### **Advantages**
1. **Trend-Following Precision**:
- Combines the reliability of the EMA with the dynamic nature of the Supertrend for accurate trend identification.
2. **Clean and Simple**:
- Focuses on plotting the EMA and Supertrend lines without generating buy/sell signals, making it easy to interpret.
3. **Customizable**:
- Adjustable parameters allow you to tailor the indicator to different markets and timeframes.
4. **Versatile**:
- Suitable for various trading styles, including scalping, day trading, and swing trading.
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#### **Ideal For**
- **Intraday Traders**: Perfect for identifying short-term trends in fast-moving markets.
- **Swing Traders**: Great for capturing medium-term trends with reduced noise.
- **Trend Followers**: Ideal for traders who want to ride strong trends with clear visual cues.
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#### **Conclusion**
The **Supertrend Indicator + EMA** is a versatile and user-friendly tool for traders seeking to identify trends and dynamic support/resistance levels. By combining the EMA and Supertrend, this indicator provides a clean and simple way to analyze price action and make informed trading decisions. Whether you're trading stocks, forex, or cryptocurrencies, this indicator is a valuable addition to your technical analysis toolkit.
지표 및 전략
Moving 50% Level TrackerIntroducing the Moving 50% Midpoint Indicator – A Game-Changer for Your Trading Strategy!
Are you looking for a simple yet powerful tool to enhance your trading? The Moving 50% Midpoint Indicator is designed to dynamically track the fair value of the market, giving you an edge in identifying key areas of support and resistance.
🔹 How It Works:
- This indicator calculates the midpoint between the daily high and low and only updates when a new high or low is formed.
- It resets at the start of each trading day, ensuring fresh and relevant levels.
- The line acts as a dynamic equilibrium, showing where buyers and sellers agree on price.
🔹 Why Use It?
Identify Premium & Discount Zones – When price is above the line, the market is in premium, indicating a potential sell zone. When price is below, it's in discount, signaling a potential buy zone.
Reliable Support & Resistance – The midpoint naturally serves as strong support/resistance, helping traders anticipate reversals and trend continuations.
Works in Any Market – Whether you trade stocks, forex, crypto, or futures, this indicator is a must-have for price action traders.
💡 Stop guessing where the market is balanced! Use the Moving 50% Midpoint Indicator to refine your entries, exits, and overall market bias.
SMA with Std Dev Bands (Futures/US Stocks RTH)Rolling Daily SMA With Std Dev Bands
Upgrade your technical analysis with Rolling Daily SMA With Std Dev Bands, a powerful indicator that dynamically adjusts to your trading instrument. Whether you’re analyzing futures or US stocks during regular trading hours (RTH), this indicator seamlessly applies the correct logic to calculate a rolling daily Simple Moving Average (SMA) with customizable standard deviation bands for precise trend and volatility tracking.
Key Features:
✅ Automatic Instrument Detection– The indicator automatically recognizes whether you're trading futures or US equities and applies the correct daily lookback period based on your chart’s timeframe.
- Futures: Uses full trading day lengths (e.g., 1380 bars for 1‑minute charts).
- US Stocks (RTH): Uses regular session lengths (e.g., 390 bars for 1‑minute charts).
✅ Rolling Daily SMA (3‑pt Purple Line) – A continuously updated daily moving average, giving you an adaptive trend indicator based on market structure.
✅ Three Standard Deviation Bands (1‑pt White Lines) –
- Customizable multipliers allow you to adjust each band’s width.
- Toggle each band on or off to tailor the indicator to your strategy.
- The inner band area is color-filled: light green when the SMA is rising, light red when falling, helping you quickly identify trend direction.
✅ Works on Any Chart Timeframe – Whether you trade on 1-minute, 3-minute, 5-minute, or 15-minute charts, the indicator adjusts dynamically to provide accurate rolling daily calculations.
# How to Use:
📌 Identify Trends & Volatility Zones – The rolling daily SMA acts as a dynamic trend guide, while the standard deviation bands help spot potential overbought/oversold conditions.
📌 Customize for Precision – Adjust band multipliers and toggle each band on/off to match your trading style.
📌 Trade Smarter – The filled inner band offers instant visual feedback on market momentum, while the outer bands highlight potential breakout zones.
🔹 This is the perfect tool for traders looking to combine trend-following with volatility analysis in an easy-to-use, adaptive indicator.
🚀 Add Rolling Daily SMA With Std Dev Bands to your chart today and enhance your market insights!
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*Disclaimer: This indicator is for informational and educational purposes only and should not be considered financial advice. Always use proper risk management and conduct your own research before trading.*
ICT First Presented FVG - NY Open [LuckyAlgo]
This indicator identifies the first Fair Value Gap (FVG) that occurs during the New York trading session, combined with NY session opening price levels. It's an essential tool for traders who follow ICT concepts and focus on the NY trading session.
ICT refers to this as the First Presented FVG, while other traders may call it the 9:30 FVG.
This indicator is best for the 1 minute timeframe, while 5 minute also works.
Detects and marks the first FVG of the NY session
Displays both bullish (green) and bearish (red) FVGs with customizable transparency
Shows the NY session opening price with clear labels
Includes optional vertical line at 9:30 AM NY open
Maintains clean chart visibility with adjustable maximum display days
Includes session date and time labels for easy reference
The indicator helps traders identify potential reversal zones and continuation opportunities by combining two powerful concepts: Fair Value Gaps and NY session opening price. This makes it particularly valuable for day traders and swing traders who want to capitalize on institutional order flow patterns during the most liquid trading session.
You can customize the indicator's appearance, including FVG box colors, time range display, and whether to show the NY open markers. This flexibility allows you to integrate it seamlessly with your existing trading setup.
Quantum ScalperQuantum Scalper: The Ultimate Multi-Strategy Scalping Indicator
The Quantum Scalper is a sophisticated, all-in-one technical analysis tool, designed specifically for active scalpers and day traders who need a fast, reliable, and highly accurate indicator for trading in fast-moving markets. Unlike traditional indicators that rely on a single strategy, the Quantum Scalper integrates multiple advanced strategies into one cohesive system, offering a comprehensive, multi-dimensional approach to real-time market analysis.
With a combination of trend-following tools, momentum oscillators, volatility measures, and mean-reversion techniques, the Quantum Scalper ensures that you have everything you need to make high-probability trading decisions with precision and speed. This indicator provides automatic signals, allowing you to trade confidently without constantly second-guessing your analysis.
Key Features and Components of the Quantum Scalper
1. Trend-Following Strategy (EMA Crossovers)
The trend-following strategy is at the core of the Quantum Scalper, providing a clear and reliable method to identify the current market direction. This strategy uses a dual Exponential Moving Average (EMA) system with two time periods:
Short-term EMA (8-period): Reacts quickly to price changes, capturing the immediate market sentiment.
Long-term EMA (21-period): Smoother and slower, providing a clearer view of the longer-term market trend.
How it works:
Bullish signal: When the short-term EMA crosses above the long-term EMA, this indicates a potential uptrend, suggesting it might be a good time to buy.
Bearish signal: When the short-term EMA crosses below the long-term EMA, this indicates a potential downtrend, suggesting it might be a good time to sell.
The EMA crossovers act as dynamic trend signals that adjust with the market, helping you identify the prevailing trend.
2. Momentum Indicators (RSI and MACD)
Momentum indicators help measure the strength of a market trend, and how likely it is to continue. The Quantum Scalper uses two powerful momentum indicators:
Relative Strength Index (RSI): This oscillator measures the strength of a trend by comparing recent gains to losses. It ranges from 0 to 100, indicating overbought or oversold conditions.
Overbought (above 70): Market may be due for a pullback, signaling a potential reversal or downtrend.
Oversold (below 30): Market may be due for a bounce, signaling a potential reversal or uptrend.
Moving Average Convergence Divergence (MACD): The MACD compares two EMAs (12 and 26 periods) to identify changes in momentum.
MACD Line: The difference between the two EMAs.
Signal Line: A 9-period EMA of the MACD Line.
MACD Histogram: The difference between the MACD Line and the Signal Line, providing a visual representation of momentum.
Bullish crossover: When the MACD crosses above the Signal Line, it signals increasing momentum in the uptrend.
Bearish crossover: When the MACD crosses below the Signal Line, it signals increasing momentum in the downtrend.
The RSI and MACD indicators work together, confirming the strength of the trend and identifying possible trend continuation or trend reversal points.
3. Volatility Analysis (ATR)
Volatility is a critical component for scalpers, as it helps define the market's price range and provides insights into risk management. The Average True Range (ATR) is used to measure market volatility by calculating the average range between high and low prices over a specific period (typically 14 periods).
High ATR: Indicates high volatility in the market, which is crucial for scalping, as it often correlates with larger price movements.
Low ATR: Indicates low volatility, suggesting a consolidation or range-bound market where trades might not be as profitable.
By analyzing ATR, the Quantum Scalper helps you determine the appropriate position size and risk level, making it easier to adjust your strategy according to the market's conditions.
4. Mean Reversion (Bollinger Bands)
The Bollinger Bands are used to identify overbought and oversold conditions relative to the market’s moving average. The bands consist of three components:
Middle Band (SMA): The 20-period Simple Moving Average (SMA) of the price.
Upper Band: The middle band plus a multiple of the standard deviation (usually 2 times).
Lower Band: The middle band minus a multiple of the standard deviation.
How it works:
Upper Band: When price touches or exceeds the upper band, the market is considered overbought, suggesting a potential mean reversion (price will likely come back to the mean or middle band).
Lower Band: When price touches or exceeds the lower band, the market is considered oversold, suggesting a potential mean reversion to the upside.
The Bollinger Bands are especially useful for identifying potential corrections or reversals after the market becomes overextended.
5. Trend Reversal (Parabolic SAR)
The Parabolic SAR (Stop and Reverse) indicator is a trend-following tool that helps identify potential trend reversals. The SAR is plotted as a series of dots above or below the price. The position of the dots indicates the current trend:
Above price: Indicates a downtrend.
Below price: Indicates an uptrend.
How it works:
When the price crosses above the SAR dots, the market could be entering an uptrend (bullish reversal).
When the price crosses below the SAR dots, the market could be entering a downtrend (bearish reversal).
The Parabolic SAR enhances the Quantum Scalper by giving real-time insight into trend changes, making it easier to catch trend reversals early.
6. Trend Strength (ADX)
The Average Directional Index (ADX) measures the strength of a trend, whether bullish or bearish. The ADX ranges from 0 to 100 and helps identify whether the market is trending or consolidating:
ADX > 25: Strong trend, either bullish or bearish.
ADX < 20: Weak trend or market consolidation (sideways movement).
The ADX confirms whether the market is strong enough to warrant a trade. It helps the Quantum Scalper avoid low-volatility environments and focus on high-probability trends.
7. Momentum (Stochastic Oscillator)
The Stochastic Oscillator measures the momentum of price relative to its price range over a specific period. It consists of two lines: %K (the fast line) and %D (the slow line, typically a 3-period moving average of %K).
Overbought (above 80): Market is likely overextended, and a potential reversal could occur.
Oversold (below 20): Market is likely overextended in the opposite direction, suggesting a potential reversal to the upside.
The Stochastic Oscillator is an important tool for timing entry and exit points, especially during periods of high momentum or overbought/oversold conditions.
How to Use the Quantum Scalper
Trend Direction:
Observe the EMA crossovers and Parabolic SAR dots to determine the trend direction.
Uptrend: Short-term EMA above the long-term EMA, and SAR dots below price.
Downtrend: Short-term EMA below the long-term EMA, and SAR dots above price.
Momentum:
Use RSI and MACD for confirmation:
Bullish momentum: RSI rising from oversold, MACD histogram positive.
Bearish momentum: RSI falling from overbought, MACD histogram negative.
Volatility:
Pay attention to the ATR for risk management.
High ATR: Indicates high volatility, use smaller position sizes if necessary.
Low ATR: Watch for consolidation and prepare for potential breakout opportunities.
Mean Reversion:
Watch the Bollinger Bands for potential reversals.
Price touches upper band: Consider taking short positions or prepare for a price pullback.
Price touches lower band: Consider taking long positions or prepare for a price bounce.
Trend Reversal:
Use Parabolic SAR to identify potential trend reversals.
If price moves from below SAR to above it, look for buy opportunities.
If price moves from above SAR to below it, look for sell opportunities.
Trend Strength:
Use ADX to confirm whether a strong trend is in place.
ADX above 25: Enter trades aligned with the strong trend.
ADX below 20: Avoid trades in low-trend, sideways markets.
Who Can Benefit from the Quantum Scalper?
Scalpers looking to profit from small price movements in fast-paced markets.
Day traders who need to quickly identify high-probability entry and exit points.
Traders who want a comprehensive, multi-strategy approach to market analysis, without having to use multiple indicators or switch between strategies.
Traders who are looking to enhance their risk management by incorporating volatility and trend strength analysis into their decision-making process.
Correlated asset and Daye's Quarterly TheoryThis indicator is based on the Quarterly Theory concepts from Daye. You can find him mainly on X as traderdaye.
It works on a new panel and the quarters will be drawn over the chart of the correlated that you set on its settings.
You can use every asset to compare with the main one to make easier to find divergences between days, sessions and 90 minutes cycles.
In different timeframes, the indicator could show more or less information about quarters, but will always show the compared asset one. This is due to limitations of the candles start (for example, the Session's Q2 open won't be shown on an hourly chart because it starts after 30 minutes of candle's open).
What can this indicator do for you?
- Show the correlated asset chart.
- Show daily, session and 90 minutes cycle boxes.
- Show Midnight and every session's Q2 open.
- Make easier for the trained eye to determine if the model is AMDX or XAMD, find PO3, turtle soups, SMT divergences, etc.
Do you have any suggestion? Please, leave it on the comments. I'll try to improve this indicator regularly.
AlgoICTRSI Divergence (v1-smelik)"Algo + ICT + RSI Divergence" is a multi-strategy indicator that combines Smart Money Concepts (ICT), algorithmic buy/sell signals, RSI/MACD divergence detection, and trend confirmation to provide high-probability trade entries and exits with institutional-level accuracy. 🚀
Donchian and Keltner Channels Trend Following with Trailing StopLong Only Trend-following model based on Keltner Channels and Donchian Channels.
These indicators include a noise region, which allows prices to oscillate without requiring position adjustments.
When price trades above the upper band, it signals strength; when it trades below the lower band, it signals weakness.
Keltner Channels
Keltner Channels are volatility-based envelopes set above and below an exponential moving average. Keltner Channels use the Average True Range (ATR), which measures daily volatility, to set channel distance.
Donchian Channel
Donchian Channels are are used to identify market trends and volatility. The upper and lower bands are based on the highest high and lowest low of a specified period. When the price moves above the upper band, it indicates a bullish breakout, while a
move below the lower band indicates a bearish breakout. The distance between the upper and lower channel of the Donchian Channel indicates the asset’s volatility.
Trend Following Model
The default settings are:
Upper Keltner and Upper Donchian Channel Length : 20
Lower Keltner and Lower Donchian Channel Length : 40
Keltner ATR Multiplier: 2
Entries, Exits and Trailing Stop
Entry : When price exceeds the upper band of at least one of these indicators.
Exit : When price undercuts the lower band of at least one of these indicators.
Trailing Stop : See below.
Trailing Stop
This is a stop-loss order that moves with the price of the underlying. It is designed to “trail” the price up (in the case of a long position) or down (for a short position), locking in profits as the price moves in a favorable direction.
At the end of day t, there was a Trailing Stop level in place. For the next day (day t + 1), the Trailing Stop will be adjusted. The new Trailing Stop will be the higher of two values:
The Trailing Stop from the previous day (day t).
The Lower Band computed at the end of day t + 1.
VCRIX (Volatility Cryptocurrency Index)Based on the academic research paper by Kim, Trimborn, and Härdle, this indicator implements a sophisticated measure of cryptocurrency market volatility.
Indicator Type: Volatility/Momentum
Timeframe: 1D recommended (can be used on 4H)
Asset Class: Crypto
Chart Type: Separate Window
Key Volatility Levels:
8000: Extreme Volatility - Major market events/crashes
6000: High Volatility - Significant market stress
4000: Normal Volatility - Standard trading conditions
2000: Low Volatility - Market accumulation phases
Features:
Adaptive volatility calculation using Gaussian kernel estimation
Jump detection for extreme price movements
Exponential weighting system for recent price action
Moving average overlay for trend identification
Trading Applications:
Risk Management:
Scale positions based on volatility regime
Adjust stop losses according to volatility level
Time entries/exits at volatility extremes
Market Phase Identification:
8000: Extreme market stress, potential bottoms
6000-8000: Major market turns likely
4000-6000: Normal trading conditions
<4000: Accumulation/low volatility breakout potential
Settings:
Lookback Period: 30 (adjustable)
Jump Threshold: 4.0 (filtration sensitivity)
Kernel Bandwidth: 0.3 (smoothing factor)
Formula:
The VCRIX implements sophisticated volatility estimation:
Log-return calculation with jump detection
Bi-power variation analysis
Gaussian kernel smoothing
Exponential weighting of results
Notes:
More effective on higher timeframes (1D recommended)
Best used in conjunction with trend analysis
Consider market context for level interpretation
Lower readings more common in mature market phases
Credits:
Based on: "VCRIX - A Volatility Index for Crypto-Currencies" by Kim, Trimborn, and Härdle (2019)
Media Móvil InvertidaMedia móvil invertida. Media móvil simple. Para estrategias De entrada y salida.,
Previous Day High/Low with TMA and VWAPenjoy the indicator. tma with vwap and high low of previous day.
Crypto VIX CompositeCryptoVIX Indicator
A composite volatility index for cryptocurrency markets, inspired by the traditional VIX (CBOE Volatility Index). The indicator combines multiple market metrics to create a comprehensive "fear/greed" gauge for crypto markets.
Core Components
Implied Volatility (35%): Forward-looking market expectations based on derivatives pricing and volume patterns
Historical Volatility (30%): Recent price action volatility using a rolling 24-hour window
Funding Rates (25%): Market positioning and leverage metrics
Liquidation Risk (10%): Potential forced selling pressure based on market conditions
Reading the Indicator
Scale: 0-100, with key levels:
70+: Extreme Fear - Maximum risk, potential bottoming areas
55-70: High Risk - Increased volatility expected
30-55: Normal Range - Balanced market conditions
20-30: Low Risk - Potential accumulation zones
<20: Extreme Greed - Market might be overextended
Best Practices
Timeframe: Optimized for 4H charts, especially on BTC/USD. I personally think weekly is great on BTC
Signals:
Look for extremes (>70 or <20) for potential reversals
Use crosses of key levels for entry/exit signals
Monitor divergences with price action
Risk Management:
Reduce position sizes above 55
Consider mean reversion trades above 70
Look for accumulation opportunities below 30
Technical Notes
Adaptive smoothing based on market volatility
Trend-adjusted calculations for bull/bear markets
Built-in alerts for extreme readings
Trend Master - BTC/USDT 1Minstrategy is based on the Moving Average Convergence/Divergence (MACD) indicator. It enters long whenever MACD Histogram changes from negative to positive, and switches to short if the Histogram changes from positive to negative.
Trend Master - BTC/USDT 1Minтрендовый индикатор созданный на основе чат GPT strategy is based on the Moving Average Convergence/Divergence (MACD) indicator. It enters long whenever MACD Histogram changes from negative to positive, and switches to short if the Histogram changes from positive to negative.
PBT's Volume Indicator For TradingViewThis Pine Script indicator displays key volume metrics and market cap for an asset directly on the TradingView chart inspired by PlaybookTrades. It shows:
Current Bar Volume: Volume of the current bar.
1-Day Volume: Total volume over the last day.
30-Day Average Volume: Average volume over the last 30 days.
WaridTR15 Dakika ve Üzeri Periyotlar İçin Önerilen Ayarlar:
EMA Uzunlukları:
Kısa EMA: 9 yerine 12 veya 14 kullanılabilir.
Uzun EMA: 21 yerine 26 veya 50 kullanılabilir.
Golden Cross için 50 EMA ve 200 EMA zaten uzun vadeli trendleri yakalar, bu nedenle değiştirmeye gerek yok.
RSI Uzunluğu:
RSI uzunluğu 14 yerine 21 veya 28 yapılabilir. Bu, daha uzun vadeli aşırı alım/aşırı satım bölgelerini daha doğru tespit eder.
Volume Filtresi:
Volume ortalaması için 20 periyot yerine 50 veya 100 periyot kullanılabilir. Bu, daha uzun vadeli hacim eğilimlerini yakalar.
Ichimoku Parametreleri:
Ichimoku, varsayılan olarak 9-26-52 periyotlarıyla çalışır. Bu, zaten uzun vadeli trendleri yakalamak için uygundur. Ancak, daha uzun periyotlar için:
Tenkan-Sen: 9 yerine 14.
Kijun-Sen: 26 yerine 52.
Senkou Span B: 52 yerine 104.
Power Trend with Tight Price ActionI've combined Mike Webster's Power Trend with a Tight Price Action detector. This script:
✅ Identifies Power Trends (green background when active)
✅ Marks Tight Price Action (blue bars when range is tight + volume dries up)
✅ Plots Buy Points on Breakouts (green triangles for breakouts on high volume)
Pine Script: Power Trend + Tight Price Action
pinescript
Copy
Edit
//@version=5
indicator("Power Trend with Tight Price Action", overlay=true)
// Moving Averages
ema21 = ta.ema(close, 21)
sma50 = ta.sma(close, 50)
// === Power Trend Conditions ===
// 1. Low above 21 EMA for 10 days
low_above_ema21 = ta.lowest(low, 10) >= ta.lowest(ema21, 10)
// 2. 21 EMA above 50 SMA for 5 days
ema21_above_sma50 = ta.barssince(ema21 < sma50) >= 5
// 3. 50 SMA is in an uptrend
sma50_uptrend = sma50 > sma50
// 4. Market closes higher than the previous day
close_up = close > close
// Start & End Power Trend
startPowerTrend = low_above_ema21 and ema21_above_sma50 and sma50_uptrend and close_up
endPowerTrend = close < ema21 or sma50 < sma50
// Track Power Trend Status
var bool inPowerTrend = false
if (startPowerTrend)
inPowerTrend := true
if (endPowerTrend)
inPowerTrend := false
// === Tight Price Action (Low Volatility + Volume Dry-Up) ===
range10 = ta.highest(high, 10) - ta.lowest(low, 10)
tightBase = (range10 / close) < 0.07 // Price range is less than 7% of closing price
volAvg50 = ta.sma(volume, 50)
lowVolume = volume < (volAvg50 * 0.75) // Volume is 25% below 50-day avg
tightPriceAction = inPowerTrend and tightBase and lowVolume // Tight price inside Power Trend
// === Breakout on High Volume ===
breakoutHigh = ta.highest(high, 10)
breakout = close > breakoutHigh and volume > (volAvg50 * 1.5) // Price breaks out with 50%+ volume surge
// === Plot Features ===
// Background for Power Trend
bgcolor(inPowerTrend ? color.green : na, transp=85)
// Highlight Tight Price Action
barcolor(tightPriceAction ? color.blue : na)
// Mark Breakouts
plotshape(series=breakout, location=location.belowbar, color=color.green, style=shape.triangleup, title="Buy Point on Breakout")
// Power Trend Start/End Markers
plotshape(series=startPowerTrend, location=location.belowbar, color=color.green, style=shape.labelup, title="Power Trend Start")
plotshape(series=endPowerTrend, location=location.abovebar, color=color.red, style=shape.triangledown, title="Power Trend End")
// Alerts
alertcondition(startPowerTrend, title="Power Trend Started", message="Power Trend has started!")
alertcondition(endPowerTrend, title="Power Trend Ended", message="Power Trend has ended!")
alertcondition(breakout, title="Breakout on High Volume", message="Stock has broken out on high volume!")
How This Works:
🔹 Green Background = Power Trend is active
🔹 Blue Bars = Tight Price Action inside Power Trend (low volatility + volume dry-up)
🔹 Green Triangles = Breakout on High Volume
Power of MovingThe Power of Moving indicator is a multi-moving average indicator designed to help traders identify strong trending conditions by analyzing the alignment and separation of multiple moving averages.
This indicator allows users to select between different types of moving averages (SMA, EMA, SMMA, WMA, VWMA) and plots four configurable moving averages on the chart. The background color dynamically changes when the moving averages are correctly stacked in a bullish (green) or bearish (yellow) formation, with sufficient distance between them. This ensures that trends are not only aligned but also have strong momentum. The indicator also includes alert conditions, notifying traders when the trend direction changes, allowing them to stay ahead of market moves.
This indicator works well in trending markets and should be combined with price action analysis or other confirmation indicators like RSI or volume for optimal results.
Volume BarsThis TradingView indicator, written in Pine Script version 5, enhances volume analysis by coloring volume bars and marking specific conditions on the chart. Here's a concise overview of its functionality:
Volume Bar Coloring:
Cyan Bars: Indicate bullish candles (closing price higher than opening) where the volume is at least two standard deviations above the average, suggesting strong buying interest.
Magenta Bars: Represent bearish candles (closing price lower than opening) with volume at least two standard deviations above the average, indicating significant selling pressure.
Yellow Bars: Highlight scenarios such as doji candles (where opening and closing prices are equal), narrow-range bars, or candles with substantial wicks relative to their range, often interpreted as indecision or potential reversal points.
White Bars: Denote candles with volume around the average, reflecting typical market activity.
Gray Bars: Signify candles with below-average volume, indicating lower trading activity.
Special Markers:
Orange Dots: Placed above candles where the volume exceeds five standard deviations above the average, highlighting extreme volume spikes that may precede significant price movements.
The indicator calculates average volume and standard deviations over a user-defined period (default is 975 bars) and allows customization of parameters such as wick thresholds, bar range thresholds, and doji thresholds to fine-tune the sensitivity of the analysis.
By visually distinguishing these conditions, the indicator aids traders in quickly assessing market sentiment, identifying potential reversal points, and recognizing periods of heightened or diminished trading activity.
AKG2001_23 bollinger bands with customisable moving average type,1 dema, 8emas and a ichimoku cloud all in this indicator
Micha Stocks Custom Watermark [LGariv]Added an indicator for market cap bigger(✅) or smaller(⚠️) then 1B. Also made the ticker symbol and timeframe on top and slightly bigger text size then the rest of the lines.