Moving average Two ColoursExponential moving average of 200 periods, which changes color according to the position of the candles.
(200 periods: default configuration Option to change periods allowed)
If the candles are on the EMA, this will have green color, otherwise red color (colors, thickness configurable).
**********************************************************************************************************************************************
Descripción en Español:
Media móvil Exponencial de 200 periodos, la cuál cambia de color según posición de las velas.
(200 periodos: configuración default. Opción de cambio de periodos permitida)
Si las velas están sobre la EMA , esta tendrá color verde, caso contrario color rojo (colores, grosor configurables).
스크립트에서 "200亿美元是多少人民币"에 대해 찾기
cci based potential buy/sell signal
Commodity Channel Index Potential Buy Signal
Commodity Channel Index (CCI) is below oversold line (-200).
CCI then crosses above -100 line
Commodity Channel Index Potential Sell Signal
Commodity Channel Index (CCI) is above overbought line (+200).
CCI then crosses below +100 line.
Türkçe Açıklama;
CCI Potansiyel Al Sinyali
CCI indikatörünün -200 altında bulunduğu bölgeler aşırı satış bölgeleri,
Sonrasında aşağıdan gelerek -100 çizgisinin üzerine çıktığı yada çıkmak üzere olduğu noktalar al sinyali
CCI Potansiyel Satl Sinyali
CCI indikatörünün +200 üzerinde bulunduğu bölgeler aşırı alım bölgeleri,
Sonrasında yukarıdan inerek +100 çizgisinin altına indiği yada inmek üzere olduğu noktalar sat sinyali
Not: Tek başına kullanılması son derece hatalı sonuçlar verebilir. Sadece olabilirlik potansiyeli taşımaktadır.
Exponential Moving Average (Set of 3) [Krypt] + 13/34 EMAsI took Krypt's script and essentially added on to it.
the 20/50/100/200 EMAs should be used together as support and resistance as normal.
Wait for price to break 200 EMA
Wait for 50 EMA to cross 200 EMA
Wait for pullback to 50 EMA to open position
20 and 100 EMAs are for extra information about moving support and resistance
and 13/34 EMAs should be used in conjunction
When 13 EMA crosses 34 EMA, open position
When price gets far from 13/34, close position (because price will attempt to revert back to mean)
This is better for scalping and swing trades than the 20/50/100/200 setup.
Twitter: @AzorAhai06
ST_Trend_ReversalSTRONG TREND REVERSAL INDICATOR
The code is the percentage difference between the spot price of a given financial asset and its 200-day MA of that period. My standard setup is Daily, and I think it's got very good predictive power at that timeframe.
It can be read in two ways:
1. Values extremely above or below the 200-period MA present chances of buying/selling agains the prevailing trend.
2. Values closely above or below the 200-period MA are make-or-break market periods, where a medium-term trend becomes evident. Breaks above or below the MA are associated with strong chances of directional movements. But it's not fool-proof as false breaks have become commonplace nowadays.
Other way to use it is as confirmation of breakdowns: For example, an asset that loses its 200-day MA and then can't rally above it becomes exposed to steep losses afterwards.
It's also helpful to use in volatility trading: the closer the asset goes to its MA, the lower goes implied vol, and thus better opportiunities to be long volatility on those occasions where direction is hard to predict.
STRI = close/(200dMA)
Values over 100 indicate percentage premiums of spot vs its moving average.
Values below indicate percentage discounts of spot vs its moving average.
HeikenAshi[1]This is the alert script so you can automate this strategy using AutoView:
Make sure to use
crossing down value 0.9 once per bar (on condition) for this.
For the alert Message if you're using AutoView:
Long GBPUSD
c=order b=short
c=position b=short l=200 t=market
b=long q=0.01 l=200 t=market tp=60 sl=60
Short GBPUSD
c=order b=long
c=position b=long l=200 t=market
b=short q=0.01 l=200 t=market tp=60 sl=60
How to automate this strategy for free using a chrome extension.Hey everyone,
Recently we developed a chrome extension for automating TradingView strategies using the alerts they provide. Initially we were charging a monthly fee for the extension, but we have now decided to make it FREE for everyone. So to display the power of automating strategies via TradingView, we figured we would also provide a profitable strategy along with the custom alert script and commands for the alerts so you can easily cut and paste to begin trading for profit while you sleep.
Step 1:
You are going to need to download the Chrome Extension called AutoView. You can get the extension for free by following this link: bit.ly ( I had to shorten the link as it contains Google and TV automatically converts it to a symbol)
Step 2: Go to your chrome extension page, and under the new extension you'll see a "settings" button. In the setting you will have to connect and give permission to the exchange 1broker allowing the extension to place your orders automatically when triggered by an alert.
Step 3: Setup the strategy and custom script for the alerts in TradingView. The attached script is the strategy, you can play with the settings yourself to try and get better numbers/performance if you please.
This following script is for the custom alerts:
//@version=2
study("4All-Alert", shorttitle="Alerts")
src = close
len = input(4, minval=1, title="Length")
up = rma(max(change(src), 0), len)
down = rma(-min(change(src), 0), len)
rsi = down == 0 ? 100 : up == 0 ? 0 : 100 - (100 / (1 + up / down))
rsin = input(5)
sn = 100 - rsin
ln = 0 + rsin
short = crossover(rsi, sn) ? 1 : 0
long = crossunder(rsi, ln) ? 1 : 0
plot(long, "Long", color=green)
plot(short, "Short", color=red)
Now that you have the extension installed, the custom strategy and alert scripts in place, you simply need to create the alerts.
To get the alerts to communicate with the extension properly, there is a specific syntax that you will need to put in the message of the alert. You can find more details about the syntax here : gist.github.com
For this specific strategy, I use the Alerts script, long/short greater than 0.9 on close.
In the message for a long place this as your message:
Long
c=order b=short
c=position b=short l=200 t=market
b=long q=0.01 l=200 t=market tp=13 sl=25
and for the short...
Short
c=order b=long
c=position b=long l=200 t=market
b=short q=0.01 l=200 t=market tp=13 sl=25
If you'll notice in my above messages, compared to the strategy my tp and sl (take profit and stop loss) vary by a few pips. This is to cover the market opens and spread on 1broker. You can change the tp and sl in the strategy to the above and see that the overall profit will not vary much at all.
I hope this all makes sense and it is enough to not only make some people money, but to show the power of coming up with your own strategy and automating it using TradingView alerts and the free Chrome Extension AutoView.
ps. I highly recommend upgrading your TradingView account so you have access to back testing and multiple alerts.
There is really no reason you won't cover the cost and then some on a monthly basis using the tools provided.
Best of luck and happy trading.
Note: The extension currently allows for automation on 2 exchanges; 1broker and Okcoin. If you do not have accounts there, we'd appreciate you signing up using our referral links.
www.okcoin.com
1broker.com
BTC GOD — DEFINITIVE BTC MULTI INDICATORBTC GOD — The Ultimate Bitcoin Cycle Indicator (2025 Edition)
The one indicator every serious BTC holder and trader has been waiting for.
A single script that perfectly combines the 5 most powerful and accurate Bitcoin indicators ever created — all 100 % official versions:
- Official Pi Cycle Top (LookIntoBitcoin) → in 2013, 2017 & 2021 (3/3 hits)
- Official MVRV Z-Score (Glassnode / LookIntoBitcoin) → every major bottom (2015, 2018–19, 2022)
- Dynamic Bull/Bear background (red bear-market when price drops X % from cycle ATH + monthly RSI filter)
- Monthly Golden/Death Cross (50-month EMA vs 200-week EMA) → huge, unmistakable signals
- SuperTrend + 200-week EMA + 50-month EMA
- Cycle ATH/ATL tracking with flashing alert in the table when new highs/lows are made
- Exact days to/from the next halving + optimal accumulation zone (200–750 days post-halving)
- Fully customizable inputs for experienced traders
Zero repainting. Zero errors. Works on every timeframe.
This is the indicator used by people who truly understand Bitcoin’s 4-year cycles.
If you could only keep ONE Bitcoin indicator for the rest of your life… this would be it.
Save it, test it, and you’ll instantly see why it’s called BTC GOD.
Built with love and obsession for Bitcoin cycles.
Last update: November 2025
SMC BOS/CHoCH + Auto Fib (5m/any TF) durane//@version=6
indicator('SMC BOS/CHoCH + Auto Fib (5m/any TF)', overlay = true, max_lines_count = 200, max_labels_count = 200)
// --------- Inputs ----------
left = input.int(3, 'Pivot Left', minval = 1)
right = input.int(3, 'Pivot Right', minval = 1)
minSwingSize = input.float(0.0, 'Min swing size (price units, 0 = disabled)', step = 0.1)
fib_levels = input.string('0.0,0.236,0.382,0.5,0.618,0.786,1.0', 'Fibonacci levels (comma separated)')
show_labels = input.bool(true, 'Show BOS/CHoCH labels')
lookbackHighLow = input.int(200, 'Lookback for structure (bars)')
// Parse fib levels
strs = str.split(fib_levels, ',')
var array fibs = array.new_float()
if barstate.isfirst
for s in strs
array.push(fibs, str.tonumber(str.trim(s)))
// --------- Find pivot highs / lows ----------
pHigh = ta.pivothigh(high, left, right)
pLow = ta.pivotlow(low, left, right)
// store last confirmed swings
var float lastSwingHighPrice = na
var int lastSwingHighBar = na
var float lastSwingLowPrice = na
var int lastSwingLowBar = na
if not na(pHigh)
// check min size
if minSwingSize == 0 or pHigh - nz(lastSwingLowPrice, pHigh) >= minSwingSize
lastSwingHighPrice := pHigh
lastSwingHighBar := bar_index - right
lastSwingHighBar
if not na(pLow)
if minSwingSize == 0 or nz(lastSwingHighPrice, pLow) - pLow >= minSwingSize
lastSwingLowPrice := pLow
lastSwingLowBar := bar_index - right
lastSwingLowBar
// --------- Detect BOS & CHoCH (simple robust logic) ----------
var int lastBOSdir = 0 // 1 = bullish BOS (price broke above), -1 = bearish BOS
var int lastBOSbar = na
var float lastBOSprice = na
// Look for price closes beyond last structural swings within lookback
// Bullish BOS: close > recent swing high
condBullBOS = not na(lastSwingHighPrice) and close > lastSwingHighPrice and bar_index - lastSwingHighBar <= lookbackHighLow
// Bearish BOS: close < recent swing low
condBearBOS = not na(lastSwingLowPrice) and close < lastSwingLowPrice and bar_index - lastSwingLowBar <= lookbackHighLow
bosTriggered = false
chochTriggered = false
if condBullBOS
bosTriggered := true
if lastBOSdir != 1
// if previous BOS direction was -1, this is CHoCH (change of character)
chochTriggered := lastBOSdir == -1
chochTriggered
lastBOSdir := 1
lastBOSbar := bar_index
lastBOSprice := close
lastBOSprice
if condBearBOS
bosTriggered := true
if lastBOSdir != -1
chochTriggered := lastBOSdir == 1
chochTriggered
lastBOSdir := -1
lastBOSbar := bar_index
lastBOSprice := close
lastBOSprice
// --------- Plot labels for BOS / CHoCH ----------
if bosTriggered and show_labels
if chochTriggered
label.new(bar_index, high, text = lastBOSdir == 1 ? 'CHoCH ↑' : 'CHoCH ↓', style = label.style_label_up, color = color.new(color.orange, 0), textcolor = color.white, yloc = yloc.abovebar)
else
label.new(bar_index, high, text = lastBOSdir == 1 ? 'BOS ↑' : 'BOS ↓', style = label.style_label_left, color = lastBOSdir == 1 ? color.green : color.red, textcolor = color.white, yloc = yloc.abovebar)
// --------- Auto Fibonacci drawing ----------
var array fib_lines = array.new_line()
var array fib_labels = array.new_label()
var int lastFibId = na
// Function to clear previous fibs
f_clear() =>
if array.size(fib_lines) > 0
for i = 0 to array.size(fib_lines) - 1
line.delete(array.get(fib_lines, i))
if array.size(fib_labels) > 0
for i = 0 to array.size(fib_labels) - 1
label.delete(array.get(fib_labels, i))
array.clear(fib_lines)
array.clear(fib_labels)
// Decide anchors for fib: if lastBOSdir==1 (bullish) anchor from lastSwingLow -> lastSwingHigh
// if lastBOSdir==-1 (bearish) anchor from lastSwingHigh -> lastSwingLow
if lastBOSdir == 1 and not na(lastSwingLowPrice) and not na(lastSwingHighPrice)
// bullish fib: low -> high
startPrice = lastSwingLowPrice
endPrice = lastSwingHighPrice
// draw
f_clear()
for i = 0 to array.size(fibs) - 1 by 1
lvl = array.get(fibs, i)
priceLevel = startPrice + (endPrice - startPrice) * lvl
ln = line.new(x1 = lastSwingLowBar, y1 = priceLevel, x2 = bar_index, y2 = priceLevel, xloc = xloc.bar_index, extend = extend.right, color = color.new(color.green, 60), width = 1, style = line.style_solid)
array.push(fib_lines, ln)
lab = label.new(bar_index, priceLevel, text = str.tostring(lvl * 100, '#.0') + '%', style = label.style_label_right, color = color.new(color.green, 80), textcolor = color.white, yloc = yloc.price)
array.push(fib_labels, lab)
if lastBOSdir == -1 and not na(lastSwingHighPrice) and not na(lastSwingLowPrice)
// bearish fib: high -> low
startPrice = lastSwingHighPrice
endPrice = lastSwingLowPrice
f_clear()
for i = 0 to array.size(fibs) - 1 by 1
lvl = array.get(fibs, i)
priceLevel = startPrice + (endPrice - startPrice) * lvl
ln = line.new(x1 = lastSwingHighBar, y1 = priceLevel, x2 = bar_index, y2 = priceLevel, xloc = xloc.bar_index, extend = extend.right, color = color.new(color.red, 60), width = 1, style = line.style_solid)
array.push(fib_lines, ln)
lab = label.new(bar_index, priceLevel, text = str.tostring(lvl * 100, '#.0') + '%', style = label.style_label_right, color = color.new(color.red, 80), textcolor = color.white, yloc = yloc.price)
array.push(fib_labels, lab)
// --------- Optional: plot lastSwing points ----------
plotshape(not na(lastSwingHighPrice) ? lastSwingHighPrice : na, title = 'LastSwingHigh', location = location.absolute, style = shape.triangledown, size = size.tiny, color = color.red, offset = 0)
plotshape(not na(lastSwingLowPrice) ? lastSwingLowPrice : na, title = 'LastSwingLow', location = location.absolute, style = shape.triangleup, size = size.tiny, color = color.green, offset = 0)
// --------- Alerts ----------
alertcondition(bosTriggered and lastBOSdir == 1, title = 'Bullish BOS', message = 'Bullish BOS detected on {{ticker}} @ {{close}}')
alertcondition(bosTriggered and lastBOSdir == -1, title = 'Bearish BOS', message = 'Bearish BOS detected on {{ticker}} @ {{close}}')
alertcondition(chochTriggered, title = 'CHoCH Detected', message = 'CHoCH detected on {{ticker}} @ {{close}}')
// End
920 Order Flow SATY ATR//@version=6
indicator("Order-Flow / Volume Signals (No L2)", overlay=true)
//======================
// Inputs
//======================
rvolLen = input.int(20, "Relative Volume Lookback", minval=5)
rvolMin = input.float(1.1, "Min Relative Volume (× avg)", step=0.1)
wrbLen = input.int(20, "Wide-Range Lookback", minval=5)
wrbMult = input.float(1, "Wide-Range Multiplier", step=0.1)
upperCloseQ = input.float(0.60, "Close near High (0-1)", minval=0.0, maxval=1.0)
lowerCloseQ = input.float(0.40, "Close near Low (0-1)", minval=0.0, maxval=1.0)
cdLen = input.int(25, "Rolling CumDelta Window", minval=5)
useVWAP = input.bool(true, "Use VWAP Bias Filter")
showSignals = input.bool(true, "Show Long/Short OF Triangles")
//======================
// Core helpers
//======================
rng = high - low
tr = ta.tr(true)
avgTR = ta.sma(tr, wrbLen)
wrb = rng > wrbMult * avgTR
// Relative Volume
volAvg = ta.sma(volume, rvolLen)
rvol = volAvg > 0 ? volume / volAvg : 0.0
// Close location in bar (0..1)
clo = rng > 0 ? (close - low) / rng : 0.5
// VWAP (session) + SMAs
vwap = ta.vwap(close)
sma9 = ta.sma(close, 9)
sma20 = ta.sma(close, 20)
sma200= ta.sma(close, 200)
// CumDelta proxy (uptick/downtick signed volume)
tickSign = close > close ? 1.0 : close < close ? -1.0 : 0.0
delta = volume * tickSign
cumDelta = ta.cum(delta)
rollCD = cumDelta - cumDelta
//======================
// Signal conditions
//======================
volActive = rvol >= rvolMin
effortBuy = wrb and clo >= upperCloseQ
effortSell = wrb and clo <= lowerCloseQ
cdUp = ta.crossover(rollCD, 0)
cdDown = ta.crossunder(rollCD, 0)
biasBuy = not useVWAP or close > vwap
biasSell = not useVWAP or close < vwap
longOF = barstate.isconfirmed and volActive and effortBuy and cdUp and biasBuy
shortOF = barstate.isconfirmed and volActive and effortSell and cdDown and biasSell
//======================
// Plot ONLY on price chart
//======================
// SMAs & VWAP
plot(sma9, title="9 SMA", color=color.orange, linewidth=3)
plot(sma20, title="20 SMA", color=color.white, linewidth=3)
plot(sma200, title="200 SMA", color=color.black, linewidth=3)
plot(vwap, title="VWAP", color=color.new(color.aqua, 0), linewidth=3)
// Triangles with const text (no extra pane)
plotshape(showSignals and longOF, title="LONG OF",
style=shape.triangleup, location=location.belowbar, size=size.tiny,
color=color.new(color.green, 0), text="LONG OF")
plotshape(showSignals and shortOF, title="SHORT OF",
style=shape.triangledown, location=location.abovebar, size=size.tiny,
color=color.new(color.red, 0), text="SHORT OF")
// Alerts
alertcondition(longOF, title="LONG OF confirmed", message="LONG OF confirmed")
alertcondition(shortOF, title="SHORT OF confirmed", message="SHORT OF confirmed")
//────────────────────────────
// End-of-line labels (offset to the right)
//────────────────────────────
var label label9 = na
var label label20 = na
var label label200 = na
var label labelVW = na
if barstate.islast
// delete old labels before drawing new ones
label.delete(label9)
label.delete(label20)
label.delete(label200)
label.delete(labelVW)
// how far to move the labels rightward (increase if needed)
offsetBars = input.int(3)
label9 := label.new(bar_index + offsetBars, sma9, "9 SMA", style=label.style_label_left, textcolor=color.white, color=color.new(color.orange, 0))
label20 := label.new(bar_index + offsetBars, sma20, "20 SMA", style=label.style_label_left, textcolor=color.black, color=color.new(color.white, 0))
label200 := label.new(bar_index + offsetBars, sma200, "200 SMA", style=label.style_label_left, textcolor=color.white, color=color.new(color.black, 0))
labelVW := label.new(bar_index + offsetBars, vwap, "VWAP", style=label.style_label_left, textcolor=color.black, color=color.new(color.aqua, 0))
//────────────────────────────────────────────────────────────────────
//────────────────────────────────────────────
// Overnight High/Low + HOD/LOD (no POC)
//────────────────────────────────────────────
sessionRTH = input.session("0930-1600", "RTH Session (exchange tz)")
levelWidth = input.int(2, "HL line width", minval=1, maxval=5)
labelOffsetH = input.int(10, "HL label offset (bars to right)", minval=0)
isRTH = not na(time(timeframe.period, sessionRTH))
rthOpen = isRTH and not isRTH
// --- Track Overnight High/Low during NON-RTH; freeze at RTH open
// --- Track Overnight High/Low during NON-RTH; freeze at RTH open
var float onHigh = na
var float onLow = na
var int onHighBar = na
var int onLowBar = na
var float onHighFix = na
var float onLowFix = na
var int onHighFixBar = na
var int onLowFixBar = na
if not isRTH
if na(onHigh) or high > onHigh
onHigh := high
onHighBar := bar_index
if na(onLow) or low < onLow
onLow := low
onLowBar := bar_index
if rthOpen
onHighFix := onHigh
onLowFix := onLow
onHighFixBar := onHighBar
onLowFixBar := onLowBar
onHigh := na, onLow := na
onHighBar := na, onLowBar := na
// ──────────────────────────────────────────
// Candle coloring + labels for 9/20/VWAP crosses
// ──────────────────────────────────────────
showCrossLabels = input.bool(true, "Show cross labels")
// Helpers
minAll = math.min(math.min(sma9, sma20), vwap)
maxAll = math.max(math.max(sma9, sma20), vwap)
// All three lines
goldenAll = open <= minAll and close >= maxAll
deathAll = open >= maxAll and close <= minAll
// 9/20 only (exclude cases that also crossed VWAP)
dcUpOnly = open <= math.min(sma9, sma20) and close >= math.max(sma9, sma20) and not goldenAll
dcDownOnly = open >= math.max(sma9, sma20) and close <= math.min(sma9, sma20) and not deathAll
// Candle colors (priority: all three > 9/20 only)
var color cCol = na
cCol := goldenAll ? color.yellow : deathAll ? color.black :dcUpOnly ? color.lime :dcDownOnly ? color.red : na
barcolor(cCol)
// Labels
plotshape(showCrossLabels and barstate.isconfirmed and goldenAll, title="GOLDEN CROSS",
style=shape.labelup, location=location.belowbar, text="GOLDEN CROSS",
color=color.new(color.yellow, 0), textcolor=color.black, size=size.tiny)
plotshape(showCrossLabels and barstate.isconfirmed and deathAll, title="DEATH CROSS",
style=shape.labeldown, location=location.abovebar, text="DEATH CROSS",
color=color.new(color.black, 0), textcolor=color.white, size=size.tiny)
plotshape(showCrossLabels and barstate.isconfirmed and dcUpOnly, title="DC UP",
style=shape.labelup, location=location.belowbar, text="DC UP",
color=color.new(color.lime, 0), textcolor=color.black, size=size.tiny)
plotshape(showCrossLabels and barstate.isconfirmed and dcDownOnly, title="DC DOWN",
style=shape.labeldown, location=location.abovebar, text="DC DOWN",
color=color.new(color.red, 0), textcolor=color.white, size=size.tiny)
// ──────────────────────────────────────────
// Audible + alert conditions
// ──────────────────────────────────────────
alertcondition(goldenAll, title="GOLDEN CROSS", message="GOLDEN CROSS detected")
alertcondition(deathAll, title="DEATH CROSS", message="DEATH CROSS detected")
alertcondition(dcUpOnly, title="DC UP", message="Dual Cross UP detected")
alertcondition(dcDownOnly,title="DC DOWN", message="Dual Cross DOWN detected")
Asymmetric Market Momentum Channel█ OVERVIEW
"Asymmetric Market Momentum Channel" is a dynamic channel indicator that adjusts its width based on the actual strength and asymmetry of market momentum. Thanks to the asymmetric band expansion triggered by strong candles, it significantly reduces false breakouts while remaining highly sensitive to genuine moves.
█ CONCEPTS
Traditional volatility channels react too slowly or too uniformly. This indicator introduces asymmetry:
- After a strong bullish candle with a large body and long upper wick, the upper band is pushed much farther than the lower one.
- After a strong bearish candle, the lower band expands more.
As a result, the channel "remembers" the direction of the last real momentum.
- With wide bands (default base_scale 200+), it excels in contrarian (reversal) strategies – price tends to return to the midline, producing clean reversal signals.
- With narrow bands (base_scale set to 100–150), it behaves like a sensitive breakout channel – breakouts from a tight channel deliver very high-quality trend-continuation signals.
█ FEATURES
Fully adjustable asymmetric momentum channel:
- length – SMA period for midline and average range (default 30)
- base_scale – base channel width in % of average candle range (default 200%)
- strength – asymmetry intensity (higher = stronger expansion after powerful candles)
- smooth_len – EMA smoothing of the expansion (default 10)
Visualization:
- Upper band – red, lower band – green
- Midline SMA – gray
- Gradient background fill (enabled by default) – red above midline, green below; intensity controlled by Background Intensity (85 = strong, 95 = very subtle)
Signal modes:
- Contrarian (Reversal) – reversal signals on price returning inside the channel after exceeding it + confirming candle color
- Trend Continuation (Breakout) – classic breakout signals (recommended to lower base_scale to 100–150 for faster triggers)
- Both – displays both types simultaneously
Visual signals:
- Small green triangles below the bar → bullish signal
- Small red triangles above the bar → bearish signal
Alerts: Bullish Signal, Bearish Signal, Any Signal, Breakout Up, Breakout Down
█ HOW TO USE
Add the indicator to your TradingView chart and adjust the settings:
Key parameter:
- base_scale – defines the indicator’s character:
→ 200–300% → wide channel → Contrarian (reversal) mode
→ 100–150% → narrow channel → Trend Continuation (breakout) mode
- strength (default 1.0)
- length (30) – higher values = smoother, more trend-following behavior
smooth_len (10) – lower values = faster reaction to new momentum
Interpretation:
- Wide channel (base_scale ≥ 200) + Contrarian mode → mean-reversion trading
- Narrow channel (base_scale 100–150) + Breakout mode → aggressive trend-following on breakouts
- Both mode works universally – simply change base_scale to completely switch the indicator’s behavior
█ APPLICATIONS
- Scalping & daytrading – narrow channel + Breakout mode on 5–15 min
- Swing trading – narrow or wide channel + Both mode on H1–D1
- Mean-reversion – wide channel + Contrarian mode
- Trend filter – longs only above midline, shorts only below
█ NOTES
- In very strong one-sided trends, contrarian signals generate many false entries – switch exclusively to Trend Continuation (Breakout) mode with a narrow channel.
- Best performance on instruments with clear volatility and volume.
- Always match base_scale to your strategy (wide = reversal, narrow = breakout).
- Combining with volume, support/resistance levels, or indicators like MACD/RSI dramatically improves signal quality.
Sentiment Heatmap with EMA Sentiment Heatmap with EMA Let’s build a script mini-LuxAlgo-style sentiment heatmap Enhanced Simple Sentiment Heatmap + Right-Side Legend Automatic legend on the right side
Just like professional indicators:
MAX GREED
GREED
NEUTRAL
FEAR
MAX FEAR
✔ Legend stays updated on the last bar
It moves automatically as price moves.
✔ Trend EMA included (optional) 9 EMA → White
20 EMA → Red
50 EMA → Yellow
100 EMA → Blue
200 EMA → Purple Alerts (e.g., “Max Fear – Buy Zone”)
✔ Liquidity line / support-resistance auto zones Full sentiment heatmap (Greed → Fear)
✔ Right-side legend like LuxAlgo
✔ All 5 EMAs added (my colors): EMA trend cloud (9/20, 20/50, 50/200)
Buy/Sell circles based on sentiment reversals Right-side legend: MAX GREED / GREED / NEUTRAL / FEAR / MAX FEAR
5 EMAs:
9 → White
20 → Red
50 → Yellow
100 → Blue
200 → Purple
TraderDemircan Auto Fibonacci RetracementDescription:
What This Indicator Does:This indicator automatically identifies significant swing high and swing low points within a customizable lookback period and draws comprehensive Fibonacci retracement and extension levels between them. Unlike the manual Fibonacci tool that requires you to constantly redraw levels as price action evolves, this automated version continuously updates the Fibonacci grid based on the most recent major swing points, ensuring you always have current and relevant support/resistance zones displayed on your chart.Key Features:
Automatic Swing Detection: Continuously scans the specified lookback period to find the most significant high and low points, eliminating manual drawing errors
Comprehensive Level Coverage: Plots 16 Fibonacci levels including 7 retracement levels (0.0 to 1.0) and 9 extension levels (1.115 to 3.618)
Top-Down Methodology: Draws from swing high to swing low (right-to-left), following the traditional Fibonacci retracement convention where 100% is at the top
Dual Labeling System: Shows both exact price values and Fibonacci percentages for easy reference
Complete Customization: Individual toggle controls and color selection for each of the 16 levels
Flexible Display Options: Adjust line thickness (1-5), style (solid/dashed/dotted), and extension direction (left/right/both)
Visual Swing Markers: Red diamond at the swing high (starting point) and green diamond at the swing low (ending point)
Optional Trend Line: Connects the two swing points to visualize the overall price movement direction
How It Works:The indicator employs a sophisticated swing point detection algorithm that operates in two stages:Stage 1 - Find the Swing Low (Support Base):
Scans the entire lookback period to identify the lowest low, which becomes the anchor point (0.0 level in traditional retracement terms, though displayed at the bottom of the grid).Stage 2 - Find the Swing High (Resistance Peak):
After identifying the swing low, searches for the highest high that occurred after that low point, establishing the swing range. This creates a valid price movement range for Fibonacci analysis.Fibonacci Calculation Method:
The indicator uses the top-down approach where:
1.0 Level = Swing High (100% retracement, the top)
0.0 Level = Swing Low (0% retracement, the bottom)
Retracement Levels (0.236 to 0.786) = Potential support zones during pullbacks from the high
Extension Levels (1.115 to 3.618) = Potential target zones below the swing low
Formula: Price = SwingHigh - (SwingHigh - SwingLow) × FibonacciLevelThis ensures that 0.0 is at the bottom and extensions (>1.0) plot below the swing low, following standard Fibonacci retracement convention.Fibonacci Levels Explained:Retracement Levels (0.0 - 1.0):
0.0 (Gray): Swing low - the base support level
0.236 (Red): Shallow retracement, first minor support
0.382 (Orange): Moderate retracement, commonly watched support
0.5 (Purple): Psychological midpoint, significant support/resistance
0.618 (Blue - Golden Ratio): The most important retracement level, high-probability reversal zone
0.786 (Cyan): Deep retracement, last defense before full reversal
1.0 (Gray): Swing high - the initial resistance level
Extension Levels (1.115 - 3.618):
1.115 (Green): First extension, minimal downside target
1.272 (Light Green): Minor extension, common profit target
1.414 (Yellow-Green): Square root of 2, mathematical significance
1.618 (Gold - Golden Extension): Primary downside target, most watched extension level
2.0 (Orange-Red): 200% extension, psychological round number
2.382 (Pink): Secondary extension target
2.618 (Purple): Deep extension, major target zone
3.272 (Deep Purple): Extreme extension level
3.618 (Blue): Maximum extension, rare but powerful target
How to Use:For Retracement Trading (Buying Pullbacks in Uptrends):
Wait for price to make a significant move up from swing low to swing high
When price starts pulling back, watch for reactions at key Fibonacci levels
Most common entry zones: 0.382, 0.5, and especially 0.618 (golden ratio)
Enter long positions when price shows reversal signals (candlestick patterns, volume increase) at these levels
Place stop loss below the next Fibonacci level
Target: Return to swing high or higher extension levels
For Extension Trading (Profit Targets):
After price breaks below the swing low (0.0 level), use extensions as profit targets
First target: 1.272 (conservative)
Primary target: 1.618 (golden extension - most commonly reached)
Extended target: 2.618 (for strong trends)
Extreme target: 3.618 (only in powerful trending moves)
For Counter-Trend Trading (Fading Extremes):
When price reaches deep retracements (0.786 or below), look for exhaustion signals
Watch for divergences between price and momentum indicators at these levels
Enter reversal trades with tight stops below the swing low
Target: 0.5 or 0.382 levels on the bounce
For Trend Continuation:
In strong uptrends, shallow retracements (0.236 to 0.382) often hold
Use these as low-risk entry points to join the existing trend
Failure to hold 0.5 suggests weakening momentum
Breaking below 0.618 often indicates trend reversal, not just retracement
Multi-Timeframe Strategy:
Use daily timeframe Fibonacci for major support/resistance zones
Use 4H or 1H Fibonacci for precise entry timing within those zones
Confluence between multiple timeframe Fibonacci levels creates high-probability zones
Example: Daily 0.618 level aligning with 4H 0.5 level = strong support
Settings Guide:Lookback Period (10-500):
Short (20-50): Captures recent swings, more frequent updates, suited for day trading
Medium (50-150): Balanced approach, good for swing trading (default: 100)
Long (150-500): Identifies major market structure, suited for position trading
Higher values = more stable levels but slower to adapt to new trends
Pivot Sensitivity (1-20):
Controls how many candles are required to confirm a swing point
Low (1-5): More sensitive, identifies minor swings (default: 5)
High (10-20): Less sensitive, only major swings qualify
Use higher sensitivity on lower timeframes to filter noise
Individual Level Toggles:
Enable only the levels you actively trade to reduce chart clutter
Common minimalist setup: Show only 0.382, 0.5, 0.618, 1.0, 1.618, 2.618
Comprehensive setup: Enable all levels for maximum information
Visual Customization:
Line Thickness: Thicker lines (3-5) for presentation, thinner (1-2) for trading
Line Style: Solid for primary levels (0.5, 0.618, 1.618), dashed/dotted for secondary
Price Labels: Essential for knowing exact entry/exit prices
Percent Labels: Helpful for quickly identifying which Fibonacci level you're looking at
Extension Direction: Extend right for forward-looking analysis, left for historical context
What Makes This Original:While Fibonacci indicators are common on TradingView, this script's originality comes from:
Intelligent Two-Stage Detection: Unlike simple high/low finders, this uses a sequential approach (find low first, then find the high that occurred after it), ensuring logical price flow representation
Comprehensive Level Set: Includes 16 levels spanning from retracement to extreme extensions, more than most Fibonacci tools
Top-Down Methodology: Properly implements the traditional Fibonacci retracement convention (high to low) rather than the reverse
Automatic Range Validation: Only draws Fibonacci when both swing points are valid and in the correct temporal order
Dual Extension Options: Separate controls for extending lines left (historical context) and right (forward projection)
Smart Label Positioning: Places percentage labels on the left and price labels on the right for clarity
Visual Swing Confirmation: Diamond markers at swing points help users understand why levels are positioned where they are
Important Considerations:
Historical Nature: Fibonacci retracements are based on past price swings; they don't predict future moves, only suggest potential support/resistance
Self-Fulfilling Prophecy: Fibonacci levels work partly because many traders watch them, creating actual support/resistance at those levels
Not All Levels Hold: In strong trends, price may slice through multiple Fibonacci levels without pausing
Context Matters: Fibonacci works best when aligned with other support/resistance (previous highs/lows, moving averages, trendlines)
Volume Confirmation: The most reliable Fibonacci reversals occur with volume spikes at key levels
Dynamic Updates: The levels will redraw as new swing highs/lows form, so don't rely solely on static screenshots
Best Practices:
Don't Trade Blindly: Fibonacci levels are zones, not exact prices. Look for confirmation (candlestick patterns, indicators, volume)
Combine with Price Action: Watch for pin bars, engulfing candles, or doji at key Fibonacci levels
Use Stop Losses: Place stops beyond the next Fibonacci level to give trades room but limit risk
Scale In/Out: Consider entering partial positions at 0.5 and adding more at 0.618 rather than all-in at one level
Check Multiple Timeframes: Daily Fibonacci + 4H Fibonacci convergence = high-probability zone
Respect the 0.618: This golden ratio level is historically the most reliable for reversals
Extensions Need Strong Trends: Don't expect extensions to be hit unless there's clear momentum beyond the swing low
Optimal Timeframes:
Scalping (1-5 minutes): Lookback 20-30, watch 0.382, 0.5, 0.618 only
Day Trading (15m-1H): Lookback 50-100, all retracement levels important
Swing Trading (4H-Daily): Lookback 100-200, focus on 0.5, 0.618, 0.786, and extensions
Position Trading (Daily-Weekly): Lookback 200-500, all levels relevant for long-term planning
Common Fibonacci Trading Mistakes to Avoid:
Wrong Swing Selection: Choosing insignificant swings produces meaningless levels
Premature Entry: Entering as soon as price touches a Fibonacci level without confirmation
Ignoring Trend: Fighting the main trend by buying deep retracements in downtrends
Over-Reliance: Using Fibonacci in isolation without confirming with other technical factors
Static Analysis: Not updating your Fibonacci as market structure evolves
Arbitrary Lookback: Using the same lookback period for all assets and timeframes
Integration with Other Tools:Fibonacci + Moving Averages:
When 0.618 level aligns with 50 or 200 EMA, confluence creates stronger support
Price bouncing from both Fibonacci and MA simultaneously = high-probability trade
Fibonacci + RSI/Stochastic:
Oversold indicators at 0.618 or deeper retracements = strong buy signal
Overbought indicators at swing high (1.0) = potential reversal warning
Fibonacci + Volume Profile:
High-volume nodes aligning with Fibonacci levels create robust support/resistance
Low-volume areas near Fibonacci levels may see rapid price movement through them
Fibonacci + Trendlines:
Fibonacci retracement level + ascending trendline = double support
Breaking both simultaneously confirms trend change
Technical Notes:
Uses ta.lowest() and ta.highest() for efficient swing detection across the lookback period
Implements dynamic line and label arrays for clean redraws without memory leaks
All calculations update in real-time as new bars form
Extension options allow customization without modifying core code
Format.mintick ensures price labels match the symbol's minimum price increment
Tooltip on swing markers shows exact price values for precision
MTF EMA Trading SystemHere's a comprehensive description and usage guide for publishing your MTF EMA Trading System indicator on TradingView:
MTF EMA Trading System - Pro Edition
📊 Indicator Overview
The MTF EMA Trading System is an advanced multi-timeframe exponential moving average indicator designed for traders seeking high-probability setups with multiple confirmations. Unlike simple EMA crossover systems, this indicator combines trend alignment, momentum, volume analysis, and previous day confluence to generate reliable long and short signals with optimal risk-reward ratios.
✨ Key Features
1. Multi-Timeframe EMA Analysis
Configure 5 independent EMAs (default: 9, 21, 50, 100, 200)
Each EMA can pull data from ANY timeframe (5m, 15m, 1H, 4H, 1D, etc.)
Color-coded lines with customizable widths
End-of-line labels showing EMA period and timeframe (e.g., "EMA200 ")
Perfect for analyzing higher timeframe trends on lower timeframe charts
2. Advanced Signal Generation (Beyond Simple Crosses)
The system requires MULTIPLE confirmations before generating a signal:
LONG Signals Require:
✅ Price action trigger (EMA cross, bounce from key EMA, or pullback setup)
✅ Bullish EMA alignment (EMAs in proper ascending order)
✅ Volume spike confirmation (configurable threshold)
✅ RSI momentum confirmation (bullish but not overbought)
✅ Sufficient EMA separation (avoids choppy/whipsaw conditions)
✅ Price above previous day's low (confluence with support)
SHORT Signals Require:
✅ Price action trigger (EMA cross, rejection from key EMA, or pullback setup)
✅ Bearish EMA alignment (EMAs in proper descending order)
✅ Volume spike confirmation
✅ RSI momentum confirmation (bearish but not oversold)
✅ Sufficient EMA separation
✅ Price below previous day's high (confluence with resistance)
3. Real-Time Dashboard
Displays critical market conditions at a glance:
Overall trend direction (Bullish/Bearish/Neutral)
Price position relative to all EMAs
Volume status (spike or normal)
RSI momentum reading
EMA confluence strength
EMA separation quality
Current ATR value
Previous day high/low levels
Current signal status (LONG/SHORT/WAIT)
Risk-reward ratio
4. Clean Visual Design
Large, clear trade signal markers (green triangles for LONG, red triangles for SHORT)
No chart clutter - only essential information displayed
Customizable signal sizes
Professional color-coded dashboard
5. Built-In Risk Management
ATR-based calculations for stop loss placement
1:2 risk-reward ratio by default
All levels displayed in dashboard for easy reference
🎯 How to Use This Indicator
Step 1: Initial Setup
Add the indicator to your TradingView chart
Configure your preferred timeframes for each EMA:
EMA 9: Leave blank (uses chart timeframe) - Fast reaction to price
EMA 21: Leave blank or set to 15m - Key pivot level
EMA 50: Set to 1H - Intermediate trend
EMA 100: Set to 4H - Major trend filter
EMA 200: Set to 1D - Overall market bias
Adjust signal settings based on your trading style:
Conservative: Keep all confirmations enabled
Aggressive: Disable volume or momentum requirements
Scalping: Reduce min EMA separation to 0.2-0.3%
Step 2: Reading the Dashboard
Before taking any trade, check the dashboard:
Trend: Only take LONG signals in bullish trends, SHORT signals in bearish trends
Position: Confirm price is on the correct side of EMAs
Volume: Green spike = strong confirmation
RSI: Avoid extremes (>70 or <30)
Confluence: "Strong" = high probability setup
Separation: "Good" = trending market, avoid "Low" separation
Step 3: Trade Entry
For LONG Trades:
Wait for green triangle to appear below price
Verify dashboard shows:
Bullish or Neutral trend
Volume spike (preferred)
RSI between 50-70
Good separation
Enter at market or on next bar
Set stop loss at: Entry - (ATR × 2)
Set target at: Entry + (ATR × 4)
For SHORT Trades:
Wait for red triangle to appear above price
Verify dashboard shows:
Bearish or Neutral trend
Volume spike (preferred)
RSI between 30-50
Good separation
Enter at market or on next bar
Set stop loss at: Entry + (ATR × 2)
Set target at: Entry - (ATR × 4)
Step 4: Trade Management
Use the ATR values from dashboard for position sizing
Trail stops using the fastest EMA (EMA 9) as price moves in your favor
Exit partial position at 1:1 risk-reward, let remainder run to target
Exit immediately if dashboard trend changes against your position
💡 Best Practices
Timeframe Recommendations:
Scalping: 1m-5m chart with 5m, 15m, 1H, 4H, 1D EMAs
Day Trading: 5m-15m chart with 15m, 1H, 4H, 1D EMAs
Swing Trading: 1H-4H chart with 4H, 1D, 1W EMAs
Position Trading: 1D chart with 1D, 1W, 1M EMAs
Market Conditions:
Best in: Trending markets with clear direction
Avoid: Tight consolidation, low volume periods, major news events
Filter trades: Only take signals aligned with higher timeframe trend
Risk Management:
Never risk more than 1-2% per trade
Use ATR from dashboard to calculate position size
Respect the stop loss levels
Don't force trades when dashboard shows weak conditions
⚙️ Customization Options
EMA Settings (for each of 5 EMAs):
Length (period)
Timeframe (multi-timeframe capability)
Color
Line width
Show/hide toggle
Signal Settings:
Volume confirmation (on/off)
Volume spike threshold (1.0-3.0x)
Momentum confirmation (on/off)
RSI overbought/oversold levels
Minimum EMA separation percentage
ATR period and stop multiplier
Display Settings:
Show/hide EMA labels
Show/hide trade signals
Signal marker size (tiny/small/normal/large)
Show/hide dashboard
🔔 Alert Setup
The indicator includes 4 alert conditions:
LONG Signal - Fires when all long confirmations are met
SHORT Signal - Fires when all short confirmations are met
Bullish Setup - Early warning when trend aligns bullish with volume
Bearish Setup - Early warning when trend aligns bearish with volume
To set up alerts:
Right-click on chart → Add Alert
Select "MTF EMA Trading System"
Choose your desired alert condition
Configure notification method (popup, email, SMS, webhook)
📈 Performance Tips
Increase Win Rate:
Only trade in direction of higher timeframe trend
Wait for volume spike confirmation
Avoid trades during first 30 minutes and last 15 minutes of session
Skip trades when separation is "Low"
Reduce False Signals:
Increase minimum EMA separation to 0.7-1.0%
Enable all confirmation requirements
Only trade when confluence shows "Strong"
Combine with support/resistance levels
Optimize for Your Market:
Stocks: Use 9, 21, 50, 100, 200 EMAs
Forex: Consider 8, 13, 21, 55, 89 EMAs (Fibonacci)
Crypto: May need wider ATR multiplier (2.5-3.0x) for volatility
⚠️ Important Notes
This indicator is designed to reduce false signals by requiring multiple confirmations
No indicator is 100% accurate - always use proper risk management
Backtesting recommended before live trading
Market conditions change - adjust settings as needed
Works best in liquid markets with clear price action
🎓 Conclusion
The MTF EMA Trading System transforms simple moving average analysis into a sophisticated, multi-confirmation trading strategy. By combining trend alignment, momentum, volume, and confluence, it helps traders identify high-probability setups while filtering out noise and false signals. The clean interface and comprehensive dashboard make it suitable for both beginners and experienced traders across all markets and timeframes.
Daily MA — Higher-Timeframe Daily Moving Average OverlayThis indicator plots a clean, higher-timeframe daily moving average directly on any chart, so you can always see where price sits relative to the daily trend — even while trading on lower timeframes (1m, 5m, etc.).
It’s designed to be:
Simple – a single, configurable daily MA line
Consistent – always anchored to the 1D timeframe
Flexible – choose EMA or SMA and customize line width/color
⸻
What This Indicator Does
Pulls the 1-Day (1D) moving average of the current symbol, regardless of your chart timeframe.
Lets you choose between EMA (Exponential Moving Average) or SMA (Simple Moving Average).
Plots that daily MA as a smooth overlay on your current chart.
Keeps the line visually clean and continuous, making it easy to see daily trend and dynamic support/resistance.
This is not a signals/strategy script. It doesn’t generate buy/sell arrows or backtest logic. It’s a context tool for visualizing the daily trend while you execute your own strategy.
⸻
Why a Daily MA Overlay Is Useful
Traders commonly use a daily moving average to:
Anchor intraday trades to the higher-timeframe trend
Longs when price is holding above the Daily MA
Shorts or caution when price is rejecting from the Daily MA
Identify dynamic support/resistance
Price often reacts around well-watched daily MAs (e.g., 50, 100, 200)
Filter setups
Only take long setups when price is above the daily trend line
Avoid counter-trend trades when price is extended far from the Daily MA
Because this script forces the MA to always be computed on 1D, you don’t have to switch back and forth between intraday and daily charts to keep track of the bigger picture.
⸻
Inputs & Settings
MA Length
Default: 200
Any positive integer (min 1)
Common examples: 50, 100, 200 for trend structure
MA Type
EMA – reacts faster to recent price (default)
SMA – smoother, slower, more “classic” feel
Line Width
Default: 2
Range: 1 to 10
Increase if you want the Daily MA to stand out clearly against other indicators
Color
Default: Purple tone
Fully customizable – pick any color that works with your chart theme
⸻
How to Use It in Your Workflow
Intraday traders (scalpers/day-traders):
Apply the indicator to your 1m/5m/15m charts.
Use the Daily MA as a trend filter :
Only look for long scalps when price is above the Daily MA.
Be more cautious with longs or consider shorts when price is below it.
Swing traders :
Use it on 1H/4H charts to see where price sits relative to a longer-term daily trend.
Watch for:
Pullbacks to the Daily MA in an uptrend as potential demand zones.
Rejections at the Daily MA in a downtrend as potential supply zones.
Risk management & context :
Avoid chasing extended moves far from the Daily MA.
Mark confluence with other tools (support/resistance, volume profile, etc.) around the Daily MA.
⸻
Notes & Limitations
The moving average itself is calculated from daily candles , then displayed on your current timeframe.
This is a visual aid only . It does not guarantee future performance or provide financial advice.
Always combine this indicator with your own analysis, risk management, and trading plan.
⸻
Disclaimer :
This script is provided for educational and informational purposes only. It is not financial advice and does not constitute a recommendation to buy or sell any financial instrument. Always do your own research and trade at your own risk.
Mustang Algo - Engulfing Detector🐎 MUSTANG ALGO - ENGULFING DETECTOR
An advanced engulfing candlestick pattern detector with customizable filters for more precise trading signals.
═══════════════════════════════════════
📊 WHAT IS THIS INDICATOR?
The Mustang Algo Engulfing Detector identifies bullish and bearish engulfing patterns with advanced filtering options to reduce false signals and improve trade quality. This indicator helps traders spot high-probability reversal opportunities based on candlestick patterns and trend confirmation.
═══════════════════════════════════════
✨ KEY FEATURES
🔹 Engulfing Pattern Detection
• Bullish Engulfing: Identifies potential bullish reversals
• Bearish Engulfing: Identifies potential bearish reversals
• Real-time signal labels (BUY/SELL)
🔹 Size Filter
• Filter out small, insignificant candles
• Adjustable minimum body size percentage
• Optional filter for the engulfed candle size
• Ensures only strong patterns are detected
🔹 EMA Trend Filter
• Customizable EMA period (default: 200)
• BUY signals only above EMA (uptrend)
• SELL signals only below EMA (downtrend)
• Visual EMA line on chart
• Reduces counter-trend false signals
═══════════════════════════════════════
🎯 HOW TO USE
1. Add the indicator to your chart
2. Adjust the filters according to your trading style
3. Wait for BUY (green) or SELL (red) labels
4. Confirm with your own analysis and risk management
5. Trade in the direction of the signal
⚠️ IMPORTANT: This indicator should be used in conjunction with proper risk management and additional analysis. No indicator is 100% accurate.
═══════════════════════════════════════
⚙️ CUSTOMIZABLE SETTINGS
📏 Size Filter Group:
• Enable/Disable size filtering
• Min Body Size (%): Minimum candle body size to generate signals (0.01% - 10%)
• Check Engulfed Candle Size: Also verify the size of the engulfed candle
• Min Engulfed Body Size (%): Minimum size for the engulfed candle
📈 EMA Filter Group:
• Enable/Disable EMA filtering
• EMA Length: Period for the EMA calculation (default: 200)
• Show EMA on Chart: Display the EMA line
═══════════════════════════════════════
💡 BEST PRACTICES
✅ Use on higher timeframes (4H, Daily) for better reliability
✅ Combine with support/resistance levels
✅ Wait for candle close confirmation before entering
✅ Use proper stop-loss and take-profit levels
✅ Consider market context and overall trend
❌ Don't trade every signal blindly
❌ Don't ignore risk management
❌ Don't use on very low timeframes without additional filters
═══════════════════════════════════════
📈 RECOMMENDED SETTINGS
Conservative Trading:
• Min Body Size: 0.8% - 1.0%
• EMA Filter: Enabled (200 period)
• Check Engulfed Size: Enabled
Aggressive Trading:
• Min Body Size: 0.3% - 0.5%
• EMA Filter: Disabled or lower period (50-100)
• Check Engulfed Size: Disabled
═══════════════════════════════════════
🔒 DISCLAIMER
This indicator is provided for educational and informational purposes only. Past performance is not indicative of future results. Always conduct your own research and use proper risk management. Trading involves substantial risk of loss.
═══════════════════════════════════════
Created by Mustang Algo
Version 1.0
If you find this indicator helpful, please leave a like and comment! 🚀
Minervini breakout - AndurilThis indicator checks the Mark Minerivini trend template as well checks consolidation areas and breakout.
Checks the highest closing price of last x days (default 20 days), exluding current day and draws a white dashed line, Calculates the relative volume of the current day. Calculates EMA 21, EMA50 and EMA200 and draws on the graph to define trend.
Gives a buy signal in green (writing relative strength of that day inside of green arrow) if:
1) Current price> breakout price* 0.98
2) Current price > EMA21 >EMA50>EMA200
3) Current price > 52 week high*0.75
4) Current price > 52 week low*1.3
5) EMA 200 of today > EMA 200 of 10 bar ago > EMA 200 of 20 bar ago
6) Relative volume of the day > 1.5
MA Golden cross & Death crossthis indicator marks the golden cross and death cross on top of the 50 & 200 MA
to use this indicator you gotta have your MA50&200 (50, close, 200, close) indicator set up
@razsecretsss
pine script tradingbot - many ema oscillator## 🧭 **Many EMA Oscillator (TradingView Pine Script Indicator)**
*A multi-layer EMA differential oscillator for trend strength and momentum analysis*
---
### 🧩 **Overview**
The **Many EMA Oscillator** is a **TradingView Pine Script indicator** designed to help traders visualize **trend direction**, **momentum strength**, and **multi-timeframe EMA alignment** in one clean oscillator panel.
It’s a **custom EMA-based trend indicator** that shows how fast or slow different **Exponential Moving Averages (EMAs)** are expanding or contracting — helping you identify **bullish and bearish momentum shifts** early.
This **Pine Script EMA indicator** is especially useful for traders looking to combine multiple **EMA signals** into one **momentum oscillator** for better clarity and precision.
---
### ⚙️ **How It Works**
1. **Multiple EMA Layers:**
The indicator calculates seven **EMAs** (default: 20, 50, 100, 150, 200, 300) and applies a **smoothing filter** using another EMA (default smoothing = 20).
This removes short-term noise and gives a smoother, professional-grade momentum reading.
2. **EMA Gap Analysis:**
The oscillator measures the **difference between consecutive EMAs**, revealing how trend layers are separating or converging.
```
diff1 = EMA(20) - EMA(50)
diff2 = EMA(50) - EMA(100)
diff3 = EMA(100) - EMA(150)
diff4 = EMA(150) - EMA(200)
diff5 = EMA(200) - EMA(300)
```
These gaps (or “differentials”) show **trend acceleration or compression**, acting like a **multi-EMA MACD system**.
3. **Color-Coded Visualization:**
Each differential (`diff1`–`diff5`) is plotted as a **histogram**:
- 🟢 **Green bars** → EMAs expanding → bullish momentum growing
- 🔴 **Red bars** → EMAs contracting → bearish momentum or correction
This gives a clean, compact view of **trend strength** without cluttering your chart.
4. **Automatic Momentum Signals:**
- **🟡 Up Triangle** → All EMA gaps increasing → strong bullish trend alignment
- **⚪ Down Triangle** → All EMA gaps decreasing → trend weakening or bearish transition
---
### 📊 **Inputs**
| Input | Default | Description |
|-------|----------|-------------|
| `smmoth_emas` | 20 | Smoothing factor for all EMAs |
| `Length2`–`Length7` | 20–300 | Adjustable EMA periods |
| `Length21`, `Length31`, `Length41`, `Length51` | Optional | For secondary EMA analysis |
---
### 🧠 **Interpretation Guide**
| Observation | Meaning |
|--------------|----------|
| Increasing green bars | Trend acceleration and bullish continuation |
| Decreasing red bars | Trend exhaustion or sideways consolidation |
| Yellow triangles | All EMA layers aligned bullishly |
| White triangles | All EMA layers aligned bearishly |
This **EMA oscillator for TradingView** simplifies **multi-EMA trading strategies** by showing alignment strength in one place.
It works great for **swing traders**, **scalpers**, and **trend-following systems**.
---
### 🧪 **Best Practices for Use**
- Works on **all TradingView timeframes** (1m, 5m, 1h, 1D, etc.)
- Suitable for **stocks, forex, crypto, and indices**
- Combine with **RSI**, **MACD**, or **price action** confirmation
- Excellent for detecting **EMA compression zones**, **trend continuation**, or **momentum shifts**
- Can be used as part of a **multi-EMA trading strategy** or **trend strength indicator setup**
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### 💡 **Why It Stands Out**
- 100% built in **Pine Script v6**
- Optimized for **smooth EMA transitions**
- Simple color-coded momentum visualization
- Professional-grade **multi-timeframe trend oscillator**
This is one of the most **lightweight and powerful EMA oscillators** available for TradingView users who prefer clarity over clutter.
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### ⚠️ **Disclaimer**
This indicator is published for **educational and analytical purposes only**.
It does **not provide financial advice**, buy/sell signals, or investment recommendations.
Always backtest before live use and trade responsibly.
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### 👨💻 **Author**
Developed by **@algo_coders**
Built in **Pine Script v6** on **TradingView**
Licensed under the (mozilla.org)
Momentum Breakout Filter + ATR ZonesMomentum Breakout Filter + ATR Zones - User Guide
What This Indicator Does
This indicator helps you with your MACD + volume momentum strategy by:
Filtering out fake breakouts - Shows ⚠️ warnings when breakouts lack confirmation
Showing clear entry signals - 🚀 LONG and 🔻 SHORT labels when all conditions align
Automatic stop loss & profit targets - Based on ATR (Average True Range)
Visual trend confirmation - Background color + EMA alignment
Signal Types
🚀 LONG Entry Signal (Green Label)
Appears when ALL conditions met:
✅ MACD crosses above signal line
✅ Volume > 1.5× average
✅ Price > EMA 9 > EMA 21 > EMA 200 (bullish trend)
✅ Price closes above recent 20-bar high
🔻 SHORT Entry Signal (Red Label)
Appears when ALL conditions met:
✅ MACD crosses below signal line
✅ Volume > 1.5× average
✅ Price < EMA 9 < EMA 21 < EMA 200 (bearish trend)
✅ Price closes below recent 20-bar low
⚠️ FAKE Breakout Warning (Orange Label)
Appears when price breaks high/low BUT lacks confirmation:
❌ Low volume (below 1.5× average), OR
❌ Wick break only (didn't close through level), OR
❌ MACD not aligned with direction
Hover over the warning label to see what's missing!
ATR Stop Loss & Targets
When you get a signal, colored lines automatically appear:
Long Position
Red solid line = Stop Loss (Entry - 1.5×ATR)
Green dashed lines = Profit Targets:
Target 1: Entry + 2×ATR
Target 2: Entry + 3×ATR
Target 3: Entry + 4×ATR
Short Position
Red solid line = Stop Loss (Entry + 1.5×ATR)
Green dashed lines = Profit Targets:
Target 1: Entry - 2×ATR
Target 2: Entry - 3×ATR
Target 3: Entry - 4×ATR
The lines move with each bar until you exit the position.
Chart Elements
Moving Averages
Blue line = EMA 9 (fast)
Orange line = EMA 21 (medium)
White line = EMA 200 (trend filter)
Volume
Yellow bars = High volume (above threshold)
Gray bars = Normal volume
Background Color
Light green = Bullish trend (all EMAs aligned up)
Light red = Bearish trend (all EMAs aligned down)
No color = Neutral/mixed
MACD (Bottom Pane)
Green/Red columns = MACD Histogram
Blue line = MACD Line
Orange line = Signal Line
Info Dashboard (Bottom Right)
ItemWhat It ShowsVolumeCurrent volume vs average (✓ HIGH or ✗ Low)MACDDirection (BULLISH or BEARISH)TrendEMA alignment (BULL, BEAR, or NEUTRAL)ATRCurrent ATR value in dollarsPositionCurrent position (LONG, SHORT, or NONE)R:RRisk-to-Reward ratio (shows when in position)
How To Use It
Basic Workflow
Wait for setup
Watch for MACD to approach signal line
Volume should be building
Price should be near EMA structure
Get confirmation
Wait for 🚀 LONG or 🔻 SHORT label
Check dashboard shows "✓ HIGH" volume
Verify trend is aligned (green or red background)
Enter the trade
Enter when signal appears
Note your stop loss (red line)
Note your targets (green dashed lines)
Manage the trade
Exit at first target for partial profit
Move stop to breakeven
Trail remaining position
What To Avoid
❌ Don't trade when you see:
⚠️ FAKE labels (wait for confirmation)
Neutral background (no clear trend)
"✗ Low" volume in dashboard
MACD and Trend not aligned
Settings You Can Adjust
Volume Sensitivity
High Volume Threshold: Default 1.5×
Increase to 2.0× for cleaner signals (fewer trades)
Decrease to 1.2× for more signals (more trades)
Fake Breakout Filters
You can toggle these ON/OFF:
Volume Confirmation: Requires high volume
Close Through: Requires candle close, not just wick
MACD Alignment: Requires MACD direction match
Tip: Turn all three ON for highest quality signals
ATR Stop/Target Multipliers
Default settings (conservative):
Stop Loss: 1.5×ATR
Target 1: 2×ATR (1.33:1 R:R)
Target 2: 3×ATR (2:1 R:R)
Target 3: 4×ATR (2.67:1 R:R)
Aggressive traders might use:
Stop Loss: 1.0×ATR
Target 1: 2×ATR (2:1 R:R)
Target 2: 4×ATR (4:1 R:R)
Conservative traders might use:
Stop Loss: 2.0×ATR
Target 1: 3×ATR (1.5:1 R:R)
Target 2: 5×ATR (2.5:1 R:R)
Example Trade Scenarios
Scenario 1: Perfect Long Setup ✅
Stock consolidating near EMA 21
MACD curling up toward signal line
Volume bar turns yellow (high volume)
🚀 LONG label appears
Red stop line and green target lines appear
Result: High probability trade
Scenario 2: Fake Breakout Avoided ✅
Price breaks above resistance
Volume is normal (gray bar)
⚠️ FAKE label appears (hover shows "Low volume")
No entry signal
Price falls back below breakout level
Result: Avoided losing trade
Scenario 3: Premature Entry ❌
MACD crosses up
Volume is high
BUT trend is NEUTRAL (no background color)
No signal appears (trend filter blocks it)
Result: Avoided choppy/sideways market
Quick Reference
Entry Checklist
🚀 or 🔻 label on chart
Dashboard shows "✓ HIGH" volume
Dashboard shows aligned MACD + Trend
Colored background (green or red)
ATR lines visible
No ⚠️ FAKE warning
Exit Strategy
Target 1 (2×ATR): Take 50% profit, move stop to breakeven
Target 2 (3×ATR): Take 25% profit, trail stop
Target 3 (4×ATR): Take remaining profit or trail aggressively
Stop Loss: Exit entire position if hit
Alerts
Set up these alerts:
Long Entry: Fires when 🚀 LONG signal appears
Short Entry: Fires when 🔻 SHORT signal appears
Fake Breakout Warning: Fires when ⚠️ appears (optional)
Tips for Success
Use on 5-minute charts for day trading momentum plays
Only trade high volume stocks ($5-20 range works best)
Wait for full confirmation - don't jump early
Respect the stop loss - it's calculated based on volatility
Scale out at targets - don't hold for home runs
Avoid trading first 15 minutes - let market settle
Best during 10am-11am and 2pm-3pm - peak momentum times
Common Questions
Q: Why didn't I get a signal even though MACD crossed?
A: All conditions must be met - check dashboard for what's missing (likely volume or trend alignment)
Q: Can I use this on any timeframe?
A: Yes, but it's designed for 5-15 minute charts. On daily charts, adjust ATR multipliers higher.
Q: The stop loss seems too tight, can I widen it?
A: Yes, increase "Stop Loss (×ATR)" from 1.5 to 2.0 or 2.5 in settings.
Q: I keep seeing FAKE warnings but price keeps going - what gives?
A: The filter is conservative. You can disable some filters in settings, but expect more false signals.
Q: Can I use this for swing trading?
A: Yes, but use larger timeframes (1H or 4H) and adjust ATR multipliers up (3× for stops, 6-9× for targets).
Complete Indicator Analysis By: arisutikno📊 3 MAIN COMPONENTS
1. EMA (Exponential Moving Average)
Function: Detect price trends and momentum
Periods: 8, 21, 50, 100, 200 + SMA 200
Purpose:
EMA 8-21: Short-term trend
EMA 50-100: Medium-term trend
EMA 200: Long-term trend
2. FIBONACCI RETRACEMENT & EXTENSION
Function: Identify support/resistance levels and profit targets
Retracement Levels: 0.5, 0.618, 0.786 (pullback areas)
Extension Levels: 1.272, 1.618, 2.0 (profit targets)
Purpose: Determine trading entry and exit points
3. DYNAMIC SUPPORT & RESISTANCE
Function: Detect important price levels
Based on: High/Low within specific period
Purpose: Identify potential price reversal areas
⚙️ ADDITIONAL FEATURES
Individual Toggles: Enable/disable each component
Color Customization: Adjust colors according to preference
Clean Visualization: Neat lines and labels, no clutter
PDB 4 MA + Candle Strength/Weakness Detector
4MA Strength & Reversal Detector
Unlock the power of momentum with this advanced 4 Moving Average system (20, 50, 100, 200) designed to pinpoint market strength and early reversal zones with precision.
How It Works:
- Bearish Reversal: Triggered when all moving averages align (20 < 50 < 100 < 200) and bearish reversal candles appear — highlighting potential tops.
- Bullish Reversal: Triggered when all moving averages align (200 < 100 < 50 < 20) and bullish reversal candles form — marking potential bottoms
:Best For:
⚡ Scalpers and day traders using 1–5 minute timeframes
📈 Identifying momentum shifts and trend exhaustion early
Tip: Combine this with volume or RSI for stronger confirmation and fewer false signals.
Ripster Labels + Air Gaps (v6)What it shows (on one chart)
EMA Clouds (current timeframe)
Plots EMA 8/12/21/34/50/200 with three cloud fills:
12–21 = “fast” cloud
34–50 = “mid” cloud
50–200 = “base” cloud
Cloud color: green when the faster EMA is above the slower (bullish), red/maroon/orange when below (bearish).
Toggle lines vs. clouds via A) EMA Clouds settings.
MTF Rails (higher-TF EMAs)
For three higher timeframes (defaults 30m / 60m / 240m), draws two EMAs each (defaults 34 & 50).
These are stepline-like rails you can visually use as higher-TF supports/resistances.
Configure in B) MTF Rails (turn on/off, change TFs/lengths/colors).
Relative Volume Box (RVol)
Small table (top-center) showing:
Candle Vol (formatted K/M/B if enabled)
RVol = current bar volume / SMA 20 of volume (as a %)
Color scale: blue (<100%), yellow (100–150%), red (>150%).
Settings in C) RVol Box.
DTR vs ATR Box
Daily True Range (DTR = day high − day low) vs ATR(14) on the daily timeframe, with DTR as % of ATR.
Placed at top-right; toggle in D) DTR/ATR Box.
Ripster Trend Label (10m 12/50)
Looks at a separate timeframe (default 10m): EMA 12 vs EMA 50.
Bottom-right table cell shows “10m Trend ↑/↓/Sideways” (green/red/gray).
Configure in E) Ripster Trend Labels (TF and lengths).
Air Gaps (single EMA per TF)
Three horizontal, auto-extending lines showing an EMA from 30m / 60m / 240m (default length 12).
“Air gaps” are the price spaces between these lines—often lighter-resistance zones for price.
Start point logic:
All Bars = draw from the chart’s left
Start of Day = draw from today’s first bar
Bars Offset = draw from N bars back (default 100)
Settings in F) Air Gaps (TFs, length, draw-from, bars-back).
Inputs & where to tweak
A) EMA Clouds
Show EMA Clouds: master toggle
Source: close (default)
Lengths: 8/12/21/34/50/200
Show EMA lines: toggle plotted lines (clouds remain)
B) MTF Rails
Show MTF Rails
TF1/TF2/TF3 (defaults 30/60/240)
EMA A/B (defaults 34/50)
C) RVol Box
Show box
Format as K/M/B: K=1e3, M=1e6, B=1e9
D) DTR/ATR Box
Show DTR/ATR
ATR len: default 14 (daily)
E) Ripster Trend Labels
Show labels
Trend TF: default 10 (10-minute)
Trend EMA Fast/Slow: default 12/50
F) Air Gaps
Show Air Gap lines
TF1/TF2/TF3 (30/60/240)
EMA length: default 12
Draw from: All Bars | Start of Day | Bars Offset
Bars back: used if Draw from = Bars Offset
How it makes decisions
Cloud bias = sign of (faster EMA − slower EMA) for each cloud pair.
Example: 12>21 → fast cloud is bullish (green); 34>50 → mid cloud bullish (teal).
10m trend label = sign of (EMA12−EMA50) on the Trend TF (default 10m).
RVol = volume / sma(volume, 20); formatted as a percent and color-coded.
Practical read of the screen
Fast cloud flips (12/21) often mark short-term momentum changes; mid cloud flips (34/50) reflect swing bias.
Air Gap lines from higher TFs frequently act as support/resistance. Larger spaces between lines = “air gaps” where price can move with less friction.
RVol color tells you how “real” a move is: red/yellow often confirms momentum; blue warns of thin/liquidy bars.
DTR vs ATR shows if today’s range is stretched vs recent norm.
Design choices (why your prior errors are gone)
Removed multiline ?: chains → replaced by if/else (Pine v6 is picky about line continuations).
Moved fill() calls outside of local if blocks (Pine limitation).
ta.change(time("D")) != 0 makes the if condition boolean.
Declared G_drawFrom / G_barsBack before startX() so identifiers exist.
Forecast PriceTime Oracle [CHE] Forecast PriceTime Oracle — Prioritizes quality over quantity by using Power Pivots via RSI %B metric to forecast future pivot highs/lows in price and time
Summary
This indicator identifies potential pivot highs and lows based on out-of-bounds conditions in a modified RSI %B metric, then projects future occurrences by estimating time intervals and price changes from historical medians. It provides visual forecasts via diagonal and horizontal lines, tracks achievement with color changes and symbols, and displays a dashboard for statistical overview including hit rates. Signals are robust due to median-based aggregation, which reduces outlier influence, and optional tolerance settings for near-misses, making it suitable for anticipating reversals in ranging or trending markets.
Motivation: Why this design?
Standard pivot detection often lags or generates false signals in volatile conditions, missing the timing of true extrema. This design leverages out-of-bounds excursions in RSI %B to capture "Power Pivots" early—focusing on quality over quantity by prioritizing significant extrema rather than every minor swing—then uses historical deltas in time and price to forecast the next ones, addressing the need for proactive rather than reactive analysis. It assumes that pivot spacing follows statistical patterns, allowing users to prepare entries or exits ahead of confirmation.
What’s different vs. standard approaches?
- Reference baseline: Diverges from traditional ta.pivothigh/low, which require fixed left/right lengths and confirm only after bars close, often too late for dynamic markets.
- Architecture differences:
- Detects extrema during OOB runs rather than post-bar symmetry.
- Aggregates deltas via medians (or alternatives) over a user-defined history, capping arrays to manage resources.
- Applies tolerance thresholds for hit detection, with options for percentage, absolute, or volatility-adjusted (ATR) flexibility.
- Freezes achieved forecasts with visual states to avoid clutter.
- Practical effect: Charts show proactive dashed projections instead of retrospective dots; the dashboard reveals evolving hit rates, helping users gauge reliability over time without manual calculation.
How it works (technical)
The indicator first computes a smoothed RSI over a specified length, then applies Bollinger Bands to derive %B, flagging out-of-bounds below zero or above one hundred as potential run starts. During these runs, it tracks the extreme high or low price and bar index. Upon exit from the OOB state, it confirms the Power Pivot at that extreme and records the time delta (bars since prior) and price change percentage to rolling arrays.
For forecasts, it calculates the median (or selected statistic) of recent deltas, subtracts the confirmation delay (bars from apex to exit), and projects ahead by that adjusted amount. Price targets use the median change applied to the origin pivot value. Lines are drawn from the apex to the target bar and price, with a short horizontal at the endpoint. Arrays store up to five active forecasts, pruning oldest on overflow.
Tolerance adjusts hit checks: for highs, if the high reaches or exceeds the target (adjusted by tolerance); for lows, if the low drops to or below. Once hit, the forecast freezes, changing colors and symbols, and extends the horizontal to the hit bar. Persistent variables maintain last pivot states across bars; arrays initialize empty and grow until capped at history length.
Parameter Guide
Source: Specifies the data input for the RSI computation, influencing how price action is captured. Default is close. For conservative signals in noisy environments, switch to high; using low boosts responsiveness but may increase false positives.
RSI Length: Sets the smoothing period for the RSI calculation, with longer values helping to filter out whipsaws. Default is 32. Opt for shorter lengths like 14 to 21 on faster timeframes for quicker reactions, or extend to 50 or more in strong trends to enhance stability at the cost of some lag.
BB Length: Defines the period for the Bollinger Bands applied to %B, directly affecting how often out-of-bounds conditions are triggered. Default is 20. Align it with the RSI length: shorter periods detect more potential runs but risk added noise, while longer ones provide better filtering yet might overlook emerging extrema.
BB StdDev: Controls the multiplier for the standard deviation in the bands, where wider settings reduce false out-of-bounds alerts. Default is 2.0. Narrow it to 1.5 for highly volatile assets to catch more signals, or broaden to 2.5 or higher to emphasize only major movements.
Show Price Forecast: Enables or disables the display of diagonal and target lines along with their updates. Default is true. Turn it off for simpler chart views, or keep it on to aid in trade planning.
History Length: Determines the number of recent pivot samples used for median-based statistics, where more history leads to smoother but potentially less current estimates. Default is 50. Start with a minimum of 5 to build data; limit to 100 to 200 to prevent outdated regimes from skewing results.
Max Lookahead: Limits the number of bars projected forward to avoid overly extended lines. Default is 500. Reduce to 100 to 200 for intraday focus, or increase for longer swing horizons.
Stat Method: Selects the aggregation technique for time and price deltas: Median for robustness against outliers, Trimmed Mean (20%) for a balanced trim of extremes, or 75th Percentile for a conservative upward tilt. Default is Median. Use Median for even distributions; switch to Percentile when emphasizing potential upside in trending conditions.
Tolerance Type: Chooses the approach for flexible hit detection: None for exact matches, Percentage for relative adjustments, Absolute for fixed point offsets, or ATR for scaling with volatility. Default is None. Begin with Percentage at 0.5 percent for currency pairs, or ATR for adapting to cryptocurrency swings.
Tolerance %: Provides the relative buffer when using Percentage mode, forgiving small deviations. Default is 0.5. Set between 0.2 and 1.0 percent; higher values accommodate gaps but can overstate hit counts.
Tolerance Points: Establishes a fixed offset in price units for Absolute mode. Default is 0.0010. Tailor to the asset, such as 0.0001 for forex pairs, and validate against past wick behavior.
ATR Length: Specifies the period for the Average True Range in dynamic tolerance calculations. Default is 14. This is the standard setting; shorten to 10 to reflect more recent volatility.
ATR Multiplier: Adjusts the ATR scale for tolerance width in ATR mode. Default is 0.5. Range from 0.3 for tighter precision to 0.8 for greater leniency.
Dashboard Location: Positions the summary table on the chart. Default is Bottom Right. Consider Top Left for better visibility on mobile devices.
Dashboard Size: Controls the text scaling for dashboard readability. Default is Normal. Choose Tiny for dense overlays or Large for detailed review sessions.
Text/Frame Color: Sets the color scheme for dashboard text and borders. Default is gray. Align with your chart theme, opting for lighter shades on dark backgrounds.
Reading & Interpretation
Forecast lines appear as dashed diagonals from confirmed pivots to projected targets, with solid horizontals at endpoints marking price levels. Open targets show a target symbol (🎯); achieved ones switch to a trophy symbol (🏆) in gray, with lines fading to gray. The dashboard summarizes median time/price deltas, sample counts, and hit rates—rising rates indicate improving forecast alignment. Colors differentiate highs (red) from lows (lime); frozen states signal validated projections.
Practical Workflows & Combinations
- Trend following: Enter long on low forecast hits during uptrends (higher highs/lower lows structure); filter with EMA crossovers to ignore counter-trend signals.
- Reversal setups: Short above high projections in overextended rallies; use volume spikes as confirmation to reduce false breaks.
- Exits/Stops: Trail stops to prior pivot lows; conservative on low hit rates (below 50%), aggressive above 70% with tight tolerance.
- Multi-TF: Apply on 1H for entries, 4H for time projections; combine with Ichimoku clouds for confluence on targets.
- Risk management: Position size inversely to delta uncertainty (wider history = smaller bets); avoid low-liquidity sessions.
Behavior, Constraints & Performance
Confirmation occurs on OOB exit, so live-bar pivots may adjust until close, but projections update only on events to minimize repaint. No security or HTF calls, so no external lookahead issues. Arrays cap at history length with shifts; forecasts limited to five active, pruning FIFO. Loops iterate over small fixed sizes (e.g., up to 50 for stats), efficient on most hardware. Max lines/labels at 500 prevent overflow.
Known limits: Sensitive to OOB parameter tuning—too tight misses runs; assumes stationary pivot stats, which may shift in regime changes like low vol. Gaps or holidays distort time deltas.
Sensible Defaults & Quick Tuning
Defaults suit forex/crypto on 1H–4H: RSI 32/BB 20 for balanced detection, Median stats over 50 samples, None tolerance for exactness.
- Too many false runs: Increase BB StdDev to 2.5 or RSI Length to 50 for filtering.
- Lagging forecasts: Shorten History Length to 20; switch to 75th Percentile for forward bias.
- Missed near-hits: Enable Percentage tolerance at 0.3% to capture wicks without overcounting.
- Cluttered charts: Reduce Max Lookahead to 200; disable dashboard on lower TFs.
What this indicator is—and isn’t
This is a forecasting visualization layer for pivot-based analysis, highlighting statistical projections from historical patterns. It is not a standalone system—pair with price action, volume, and risk rules. Not predictive of all turns; focuses on OOB-derived extrema, ignoring volume or news impacts.
Disclaimer
The content provided, including all code and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell any financial instrument, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context.
Any results from strategies or tools provided are hypothetical, and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and may not be suitable for all individuals. Before making any trading decisions, please consult with a qualified financial professional to understand the risks involved.
By using this script, you acknowledge and agree that any trading decisions are made solely at your discretion and risk.
Do not use this indicator on Heikin-Ashi, Renko, Kagi, Point-and-Figure, or Range charts, as these chart types can produce unrealistic results for signal markers and alerts.
Best regards and happy trading
Chervolino
