ADX (14,14) with Signals and LabelsADX14 indicator for trend identification bullish view or bearish view
트렌드 어낼리시스
BITCOIN SMASHERThe BITCOIN SMASHER strategy is a trend-following and momentum-based trading system designed for Bitcoin. It utilizes a combination of Exponential Moving Averages (EMAs), RSI,to determine optimal entry and exit points while incorporating risk management features such as dynamic stop loss, take profit, trade cooldowns, and max daily loss limits.
Crossover Strategy v1
🚀 Take Full Control with The Ultimate Crossover Strategy! 📈
Trade smarter with a high-performance algorithmic strategy designed for precise entries, dynamic risk management, and real-time tracking—so you can maximize profits with confidence!
🔹 Key Features:
✅ Layered Entry System
Combining divergences and crossovers with top indicators like RSI, Stochastic, MACD, ADX, CCI, and Bollinger Bands, the strategy continuously scans the market for high-probability trade setups.
• Entry Crossovers: Stochastic, 9 SMA, and MACD. Missed one? Another catches the move!
✅ Smart Confirmation System – Choose from 4 Entry Options:
🔸 After Divergence – Wait for price confirmation before entering
🔸 Divergence or Uptrend – Catch early momentum shifts
🔸 Uptrends Only – Focus on strong trending markets
🔸 All Signals – Enter every valid crossover
✅ Additional Entry Opportunities
🔸 Big Bottom Entry – Catch deep market drops for early reversals
🔸 Breakout Entry – Enter trades on confirmed breakouts, even without a crossover
✅ Advanced Risk Management
🔸 Volatility-Based Trailing Stops – Auto-adjusts based on market trends
🔸 Dynamic Stop-Loss Adjustments – Tightens stops when a trade underperforms
🔸 Custom ATR Multipliers & Stop Rules – Full control over risk settings
✅ Fully Automated Trading
Trade hands-free with TradingView alerts and integrations like CryptoHopper for fully automated trading.
✅ Customization Options
• Entry Filters – Fine-tune entries for your preferred asset
• ATR-Based Risk Management – Take Profit, Stop Loss, Breakeven, and Trailing Stops
• Indicator Settings – Optimize signals for any market condition
• Trade Display Options – Choose the level of detail shown on the chart
✅ Real-Time Trade Insights
• Instant Trade Labels – Clearly see what triggered each entry
• Profit & Loss Tracking – Percentage gain/loss displayed on the chart
• Comprehensive Performance Stats – Win/loss summary & key trade metrics
✅ Proven Results – High Win Rate & Backtested
Backtested on DOGE/USDT (Binance) - 15-Min Chart:
📈 Over 4,500% profit in 14 months | 75% win rate | 10% max drawdown
✅ Optimized for 15-Min Charts
Works on other timeframes & assets—simply adjust the inputs to optimize results!
📅 Free Lifetime Updates
All future improvements, optimizations, and new features are included at no extra cost.
⚠️ Risk Disclaimer:
Trading involves risk, and no strategy guarantees profits. Always use proper risk management.
🔥 Get The Ultimate Crossover Strategy today and take full control of your trades! 💰
#TradingStrategy #CryptoTrading #TradingView #CrossoverStrategy #RiskManagement #ProfitBoost
Opening Range Time Frames 1Opening Range for 3 different time frames customizable color and timeframes. I use it for Tokyo, London, New York. but times are customizable to whatever you want them to be.
Multi-Asset PerformanceUpdate and Creation
The original code was created by LevianthanCapital.
It was not updated for PineScript V6, so I updated it.
General Overview
Indicator: "Multi-Asset Performance".
Main objective: Display the cumulative performance (in percentage) of 30 financial assets.
Offers various visualization options such as lines, circles, areas, and columns.
User Settings and Configuration Options
Data Source: Choose between Price, OBV, or Open Interest.
Calculation Period and Timeframe: Set the period (e.g., 1 DAY, 5 MIN) and select the timeframe used in calculations.
Asset Groups: Three groups (Group 1, Group 2, Group 3) determine which 30 assets are displayed.
Customization Options:
Smoothing with a Simple Moving Average (SMA) over a customizable period.
Highlighting of top and bottom performers using a specific color.
Option to display the group mean either by using the first ticker or by calculating the
average performance of all assets.
Configuration of the data table including its position, size, borders, and text settings.
Calculation Logic
Cumulative Change Calculation:
Computes the percentage change by comparing the current price (or chosen data type) to the price at the beginning of the defined period.
The starting price is captured using a condition based on either a visible range, a specified timestamp, or the detection of a new period.
Ticker Extraction and Formatting:
Processes each symbol by splitting the string to remove prefixes (e.g., "AMEX:") and display only the ticker.
Group Mean Calculation:
Two modes: use the first asset's performance or calculate the arithmetic mean of all asset performances.
Additional Indicators:
Correlation: Calculates how each asset's performance correlates with the group mean.
Beta: Computes the sensitivity (beta) of each asset relative to the group mean by considering the ratio of standard deviations and correlation.
RSI: Uses the Relative Strength Index to evaluate the momentum of the performance series.
Visualization and Display
Plotting the Curves:
Uses the plot function to display each asset's performance.
The visual style (lines, circles, areas, columns) is selectable, and a custom color palette is applied.
Labels and Annotation Lines:
Creates labels to display the asset tickers next to the plots.
Optionally draws connecting lines between the plot and its label.
For proper positioning in PineScript V6, it is recommended to include parameters like xloc=xloc.bar_index.
Data Table:
A table is generated to show each asset’s ticker and percentage change.
Additional columns can display correlation, RSI, and beta if enabled.
Distribution Profile:
Visualizes the distribution of asset performances around the group mean.
Uses boxes and lines to indicate the number of assets within defined performance zones.
Conclusion
The indicator offers a comprehensive analysis of the cumulative performance of 30 assets by integrating multiple technical indicators.
It provides extensive customization for both visualization and data display, suitable for advanced technical analysis.
The update to PineScript V6 enhances real-time handling and visual display, though further fine-tuning may be required for optimal rendering of the current day.
Wick Highlighter- Description
This script is a custom Multi-Wick Zone Highlighter that detects and highlights significant candle wicks on your chart. It is designed to work across multiple timeframes and uses time‑anchored boxes to “stick” to the original wick levels, ensuring that highlighted zones remain fixed even when panning or zooming the chart.
- Key Features
Wick Detection:
The script examines each candle to determine whether its upper or lower wick exceeds a user‑defined minimum size. Only wicks that meet or exceed this threshold are considered significant and trigger the creation of a highlight zone.
Zone Creation and Removal:
When a qualifying wick is detected, the script creates a colored zone (using anchored boxes) that spans from the wick tip to the candle’s body (top for upper wicks and bottom for lower wicks). Each zone remains visible until it is “filled” by subsequent price action. The fill condition is determined by a user‑adjustable fill percentage. For example, setting the fill percentage to 100% will remove the zone once the next candle’s high (for an upper wick) or low (for a lower wick) reaches the corresponding body level.
Multiple Zones:
This indicator supports multiple simultaneous zones. Each wick that qualifies is independently tracked and will not be overwritten by a later candle unless its fill condition is met. Separate flags ensure that if a candle fills an existing zone on one side, it does not create a new zone on that same side, maintaining clarity on your chart.
Time-Anchored Positioning:
To keep zones properly anchored even when you change timeframes or pan the chart, the script uses the bar’s time value rather than the bar index. This ensures that each zone remains fixed to the specific price levels where the wick was detected.
- Usage Notes
User-Adjustable Inputs:
Minimum Wick Size (Points): Set the minimum wick length to trigger a zone.
Wick Fill Percentage (%): Set the percentage into the wick at which the zone is considered filled and will be removed.
Zone Extend Bars: Control how far to the right (in terms of bars) each zone is extended.
Ideal For:
Traders who wish to visually identify key price zones based on significant candle wicks, and who require these zones to remain fixed and clear on the chart until they are actively filled by subsequent price movement.
Multi-day Rolling VWAP LevelsRolling vwap levels. Timeframe independant. Clean horizontal lines for the 7, 30, 90, and 365-day VWAP levels Labels positioned to the right with black text and no background. Proper alignment that moves with the chart when scrolling.
Cipher [CdeCripto]Improve Your Trading with the Cipher Indicator
Discover the power of the newly enhanced Cipher indicator—a sophisticated tool that combines multiple technical analyses to help you make better trading decisions. This chart integrates advanced features such as:
Multi-Timeframe Analysis:
The indicator examines higher timeframes to capture key bearish and bullish patterns. It checks that the RSI+MFI area is below zero (indicating a red zone), while the WaveTrend is above zero and crossing down, and confirms that the VWAP on the higher timeframe is below zero. This combination helps signal potential market reversals.
Heikin-Ashi Integration (Diamond Pattern):
By analyzing the latest Heikin-Ashi candles from two higher timeframes, the indicator identifies strong bearish or bullish conditions. When both higher timeframe candles are red and the WaveTrend is showing a downward cross, it marks a bearish diamond pattern (and vice versa for bullish), offering a clear visual cue for market entry or exit.
Divergence & Signal Confirmation:
Alongside standard buy and sell signals, the indicator also displays divergence signals using WaveTrend, RSI, and Stochastic RSI, adding an extra layer of confirmation. This multi-indicator approach helps filter out false signals and improves the precision of your trading strategy.
Whether you’re a seasoned trader or just starting out, the Cipher indicator is designed to give you an edge by providing a clear, multi-dimensional view of market dynamics. Use it to enhance your trade setups and better anticipate market reversals.
CryptoShakes v7
The CryptoShakes indicator is a comprehensive technical analysis tool designed to provide traders with a multifaceted view of cryptocurrency markets. By combining various technical indicators, chart patterns, and harmonic formations, CryptoShakes aims to identify high-probability trading opportunities through points of confluence. The key to successful trading lies in recognizing when multiple signals align, offering stronger confirmation of potential market movements. This indicator suite includes the Ichimoku Cloud, Bollinger Bands, Williams Alligator, momentum indicators, candlestick patterns, and harmonic pattern detection, among others. Each component contributes to a holistic market analysis, allowing traders to make more informed decisions.
To maximize the effectiveness of CryptoShakes, users are encouraged to personalize the tool according to their trading style, risk tolerance, and preferred timeframes. Adjusting input parameters, toggling the visibility of specific components, and fine-tuning color schemes can significantly enhance readability and focus attention on the most relevant signals for individual trading strategies. Remember, while CryptoShakes provides a wealth of information, it's crucial to combine these insights with proper risk management and a thorough understanding of market fundamentals for optimal trading results.
Request access for two week analysis.
MTrades AlertsMTrades Alerts
Developed by MTrades
Description:
The EMA 5, 12, and 50 Crossover Signal indicator is designed to provide precise buy and sell signals by leveraging the power of Exponential Moving Averages (EMAs). It is specifically crafted to follow the market trend and minimize false signals, making it ideal for both beginners and professional traders.
How It Works:
This indicator utilizes three key EMAs:
EMA 5 (Blue Line): Short-term trend indicator.
EMA 12 (Red Line): Medium-term trend indicator.
EMA 50 (Purple Line): Long-term trend filter.
Signal Generation:
Buy Signal:
Triggered when the price crosses above EMA 12 from below.
Condition: Price must also be above EMA 50 to ensure the trade is aligned with the overall bullish trend.
A green label is displayed below the candle to indicate the buy signal.
Sell Signal:
Triggered when the price crosses below EMA 12 from above.
Condition: Price must also be below EMA 50 to ensure the trade is in line with the overall bearish trend.
A red label is displayed above the candle to indicate the sell signal.
Special Features:
Trend Confirmation: Using EMA 50 as a trend filter reduces false signals in ranging markets.
Visual Cues: Clear buy and sell labels for quick decision-making.
Alerts: Built-in alerts for both buy and sell signals, allowing traders to stay updated even when away from the screen.
Why Use This Indicator?:
This indicator is designed to:
Capture momentum at the right time.
Avoid trading against the prevailing trend.
Provide reliable entry and exit points for swing trading and intraday trading.
Developed by MTrades:
This indicator is crafted by MTrades to simplify trading decisions while maximizing profitability by staying in tune with the market trend. It's an ideal tool for traders who seek precision and clarity in their trading strategy.
Momemtum catherDetects momemtum movement of market, and plots a simple trade plan when signal triggers. All input factors cutomisable to fit the ticker.
SMC Indicator v1.0 [Raghav-Ashok]SMC Indicator:
This indicator enables automatic structure mapping in both the main and sub-structures.
Main Structure: Analyzes the market within the given time frame, using analysis from the lower time frame itself. The time frame is selected as an input parameter.
Sub Structure: The structure is formed within the selected time frame in the trading view.
Structure Mapping
Inducement in SMC
Bullish Side Inducement: After a pullback to the lower side, inducement is formed. Once the high is broken, the inducement will shift.
Bearish Side Inducement: After a pullback to the higher side, inducement is formed. Once the low is broken, the inducement will shift.
📌 NOTE: Once inducement is taken, it will not shift until a Break of Structure (BOS) or Change of Character (CHoCH) occurs.
BOS (Break of Structure)
Bullish BOS: After a pullback from high to low and inducement is taken, the structure is formed. Once the high is broken, a Break of Structure on the bullish side is confirmed.
Bearish BOS: After a pullback from low to high and inducement is taken, the structure is formed. Once the low is broken, a Break of Structure on the bearish side is confirmed.
📌 NOTE: The candle must close for the Break of Structure to be valid.
CHoCH (Change of Character)
Bullish CHoCH: After a pullback from low to high, if inducement is taken and the high (H) is broken, a bullish CHoCH is formed.
Bearish CHoCH: After a pullback from high to low, if inducement is taken and the low (L) is broken, a bearish CHoCH is formed.
📌 NOTE: The candle must close for the Change of Character (CHoCH) to be valid.
Order Blocks
This indicator also identifies Order Blocks in both the Main Structure and Sub Structure. These Points of Interest (POI) can be used to execute trades.
Alerts
You can set up alerts in any time frame. Alerts are triggered in the following cases:
Main Structure: When a BOS, CHoCH, or Structure is formed.
Sub Structure: When a BOS, CHoCH, or Structure is formed.
Feature Availability
✅ 1st Phase – Available
Structure Identification
Order Blocks
Order Flow
🚀 2nd Phase – Upcoming
Alerts when the price taps into Order Blocks or Order Flow
📈 3rd Phase – Upcoming
Buy and Sell Signals after tapping into Order Blocks or Order Flow
🤖 4th Phase – Future Development
Converting Buy and Sell Signals into an Algorithmic Trading System
Gap Statistics (Positive and Negative, Excluding 0 Gaps)Gap statistics for all tf's. Positive and Negative values are seperately evaluated.
Simple Bull and Bear Algo SignalThis Indicator has filtered out most of the noise, with combination of Moving average as second confirmation, it provides as accurate as possible to avoid any false signal. You have the option to change the MA based on your needs, and TP / SL leveling as well. Enjoy!
You may join my telegram for other Free indicator or EA at no cost!
t.me
FRAMA + Aroon StrategyThis strategy uses:
1. FRAMA to detect adaptive trend channels.
2. Aroon to confirm trend direction.
3. Risk management with stop-loss and take-profit levels.
4. Visual indicators to track signals and trends
This strategy is highly effective for trading the NASDAQ 100 and the USD/JPY currency pair. Both markets can be traded using the default parameters without adjustments.
Additionally, this strategy does not repaint, ensuring that signals remain stable and reliable for backtesting and live trading
SMA, WMA, EMA Indicator (WMA, SMA default) with Trading StrategySMA, WMA, EMA Indicator (WMA, SMA default) with Trading Strategy
Unlock powerful insights with the SMA, WMA, EMA Indicator, a comprehensive tool designed to optimize your trading strategy. This indicator combines key moving averages, including Simple Moving Averages (SMA), Exponential Moving Averages (EMA), and Weighted Moving Averages (WMA), with advanced confirmation features such as RSI and MACD to help you make informed trading decisions.
Key Features:
Multiple Moving Averages: Track trends across short, medium, and long timeframes with custom periods for SMA, EMA, and WMA, ensuring comprehensive market analysis.
Entry Signal Alerts: Receive precise buy and sell signals based on proven strategies. The script automatically marks safe, normal, and risky long and short entry points with easy-to-read labels.
MACD & RSI Confirmation: Incorporates momentum analysis with MACD and RSI to further validate entry conditions for enhanced accuracy.
Customizable Labels & Shapes: Personalize your chart with customizable label positions, colors, and sizes. Display entry signals (safe, normal, risky) in real time.
Intuitive Crossover Analysis: Watch for key crossovers between moving averages and spot potential trend reversals, with visual indicators like shapes and labels for easy decision-making.
Advanced Strategy Classification: Classify entries as safe, normal, or risky based on a comprehensive checklist, allowing you to tailor your approach to risk tolerance.
Ideal For:
Traders looking for a customizable tool to identify high-probability trading opportunities.
Those who want to blend multiple technical indicators for a deeper market analysis.
Anyone seeking an easy-to-use, visually-rich tool to enhance their decision-making process.
Perfect for both beginners and experienced traders who want to automate their trading strategy, reduce decision-making errors, and improve overall market analysis. Make your trading smarter with the SMA, WMA, EMA Indicator!
BuySell3BuySell3: Advanced Trend Trading Indicator
Adaptive signals, real-time stats, and precise exits for smarter trading.
Elevate your trading with BuySell3, a powerful tool blending customizable moving averages with sophisticated signal confirmation.
Key features:
Flexible MA types (SMA, EMA, WMA, HMA) with adjustable periods.
Multi-layered filters: Volume, RSI, ADX, and candlestick patterns.
Multi-timeframe trend alignment for smarter entries (from a higher timeframe).
Clear buy/sell and exit signals with real-time stats and backtesting (signals, win rate, avg win/loss).
Real-time alerts for buy, sell and exit signals.
Unlike basic MA crossovers, BuySell3 integrates multi-timeframe analysis, exit signals, and live stats for a complete trading system.
Designed for traders seeking precision and insight across daily and intraday charts.
ARTA Trader Tool (Free)ARTA Trader Tool (FREE Version) is a powerful short-term trend indicator designed for optimal performance on the 1-minute timeframe. It works seamlessly during both the London and New York trading sessions, helping traders identify trends with precision and efficiency.
KATBreakout CALCULATORKATBreakout Trading System – A Unique Price Action Setup
The KATBreakout Trading System is an advanced price action-based strategy designed to identify high-probability breakout trades. It calculates dynamic levels to determine optimal entry and exit points, ensuring efficient trade execution.
Core Principles of KATBreakout Trading System:
Price Action Based:
The system analyzes price movements and volatility to determine breakout levels.
Dynamic Levels for Entry & Exit:
Uses real-time market data to adjust breakout levels.
Strict Trade Management:
Incorporates stop-loss (SL), trailing stop-loss (TSL), and profit booking rules.
One Trade at a Time Logic:
A new trade is initiated only after the previous trade's SL or target is hit.
Trend Confirmation Using CCI Filter:
CCI is used to ensure trades align with market trends.
Median Volume Weighted Standard Deviation | QuantumResearchMedian Volume Weighted Standard Deviation (MVWSD) | QuantumResearch
The MVWSD Indicator is a powerful market analysis tool that integrates median-based volume-weighted calculations with standard deviation analysis to help traders identify trend shifts, volatility expansion, and breakout opportunities. This adaptive approach minimizes noise while enhancing the accuracy of support/resistance levels and trade signals. 🚀📊
🔍 Key Features
✅ Volume-Weighted Median Calculation – Uses a VWMA-based median to emphasize price points backed by high trading volume, reducing the impact of erratic price movements.
✅ Standard Deviation & ATR-Based Volatility Bands – Expands or contracts dynamically based on market volatility, providing adaptive support & resistance levels.
✅ Bullish/Bearish Trend Signals – Detects shifts in market momentum by analyzing price movements relative to the deviation bands.
✅ Customizable Visualization & Alerts – Traders can adjust sensitivity, choose color themes, and set alerts for breakout conditions.
✅ Multi-Asset Compatibility – Works across various markets, including Bitcoin, Altcoins, and cross-asset pairs.
📈 How It Works
1️⃣ Volume-Weighted Median Calculation
A VWMA-based median is applied to smooth price fluctuations and highlight dominant trends.
This method improves accuracy over simple moving averages by factoring in trade volume influence.
2️⃣ Adaptive Volatility Bands
Upper & Lower Bands adjust dynamically using standard deviation and ATR multipliers, expanding during high volatility and contracting during stable conditions.
These bands act as dynamic support/resistance levels, helping traders gauge potential trend breakouts or reversals.
3️⃣ Trade Signal Generation
🟢 Long Signal (Bullish): When the price breaks above the upper ATR-based band, signaling potential uptrend continuation.
🔴 Short Signal (Bearish): When the price drops below the lower ATR-based band, indicating possible downside movement.
⚪ Neutral (No Signal): When price fluctuates within the bands without a decisive breakout.
4️⃣ Trend Confirmation via Color-Coded Bars
Green bars = Bullish conditions 📈
Blue bars = Bearish conditions 📉
📊 Performance Across Different Markets
🔹 Solana (SOL/USD) Analysis:
🔹 Sui (SUI/USD) Analysis:
🔹 PancakeSwap (CAKE/USD) Analysis:
🔹 Solana vs. Bitcoin (SOL/BTC) Pair:
🔹 Solana vs. Ethereum (SOL/ETH) Pair:
🔹 Bitcoin (BTC/USD) Analysis:
🎯 Trading Applications
📌 Trend Identification – Helps traders determine whether the market is trending or ranging based on price interactions with the deviation bands.
📌 Volatility Breakouts – Expanding standard deviation bands indicate an increase in market volatility, often preceding large price movements.
📌 Dynamic Support & Resistance – Unlike static levels, these adaptive bands adjust to real-time market conditions, providing more accurate trading zones.
📌 Risk Management & Confluence – Works well when combined with other indicators to confirm trade setups and risk levels.
⚙️ Customization & Settings
🔧 Volume-Weighted Length – Adjust the VWMA period to emphasize short-term or long-term price movements.
🔧 Median Calculation Length – Fine-tune the median smoothing effect for optimal signal clarity.
🔧 ATR & Standard Deviation Multipliers – Modify sensitivity to capture early trend shifts or more confirmed moves.
🔧 Color Themes & Visibility Settings – Personalize the indicator’s appearance to match your preferred trading style.
🚀 Final Thoughts
The MVWSD Indicator provides a unique blend of volume analysis, standard deviation filtering, and trend confirmation, making it a powerful tool for traders.
While it effectively highlights volatility shifts and trend momentum, traders should always use additional confluence factors before making trade decisions.
Alerts & Visual Cues ensure that users receive real-time notifications when key trade signals emerge.
⚠️ Disclaimer: The content is for informational and educational purposes only. Nothing contained within should be considered financial, investment, legal, or other professional advice. Past performance does not guarantee future results. Trading cryptocurrencies involves substantial risk of loss and is not suitable for every investor.
📌 TradingView Alerts: Set alerts to get notified when a new long or short condition is detected.
OBV Trend Bands [Alpha Extract]OBV Trend Bands 📊
The OBV Trend Bands indicator leverages On-Balance Volume (OBV) to assess trend strength and potential reversals by plotting a dynamic median line alongside upper and lower bands based on standard deviation. This tool helps traders identify overbought or oversold conditions and visualize OBV momentum relative to historical trends.
🔶 CALCULATION
The indicator calculates OBV, a dynamic median of OBV, and standard deviation bands to measure volume-driven momentum:
• OBV: Cumulative volume that adds or subtracts based on price direction.
• Aggregate Median: A smoothed median of OBV over a user-defined lookback period, adjusted by a minimum lookback for robustness.
• Standard Deviation Bands: Upper and lower bands derived from the scaled aggregate median, adjusted by a multiplier.
• Scaled OBV: OBV divided by a customizable scaling factor for better visualization.
Formula:
• OBV = Cumulative sum of volume (positive if price increases, negative if price decreases)
• Aggregate Median = Average of simple medians over a range from minLookbackPeriod to length
• Upper Band = Aggregate Median / Scaling Factor + StdMultiplier * StdDev
• Lower Band = Aggregate Median / Scaling Factor - StdMultiplier * StdDev
🔶 DETAILS
Visual Features:
• OBV Line (Dynamic Color): Plotted with a color that shifts based on its position—green above the upper band (bullish), red below the lower band (bearish), and white between bands (neutral).
• Upper Band (Green): Represents the overbought threshold, lightly shaded for clarity.
• Lower Band (Red): Indicates the oversold threshold, also lightly shaded.
• Aggregate Median Line (Gray): Acts as the central trend reference.
• Fill Areas: Transparent green fill when OBV exceeds the upper band, transparent red fill when below the lower band, and no fill within the bands.
Interpretation:
• Bullish Signal: OBV rises above the upper band, suggesting strong buying pressure and potential trend continuation.
• Bearish Signal: OBV falls below the lower band, indicating selling pressure and possible trend weakness.
• Neutral Zone: OBV between bands reflects consolidation or indecision in the market.
🔶 EXAMPLES
The chart demonstrates:
• Bullish Momentum: OBV crosses above the upper band with a green line and fill, signaling robust accumulation.
• Bearish Momentum: OBV drops below the lower band with a red line and fill, indicating distribution or selling pressure.
• Reversal Points: Transitions of OBV from below the lower band to above the upper band (or vice versa) suggest potential trend shifts.
Example Snapshots:
• A sustained bullish phase where OBV remains above the upper band with consistent green coloring.
• A bearish trend change where OBV falls below the upper band hinting at weakening momentum leading to a change in trend.
🔶 SETTINGS
Customization Options:
• Median Length (Default: 100): Adjusts the period for calculating the aggregate median, tailoring trend sensitivity.
• Minimum Lookback Period (Default: 30): Sets the shortest period for median aggregation, refining responsiveness.
• Standard Deviation Multiplier (Default: 1.0): Controls the width of the bands—higher values widen them, lower values tighten them.
• Scaling Factor (Default: 100,000): Scales OBV for better chart readability, adjustable based on asset volume.
The OBV Trend Bands indicator is a versatile tool for traders, blending volume analysis with statistical boundaries to effectively pinpoint market extremes and momentum shifts.
Bull Barbie's Magic Levels ProMagic Levels are automagically calculated and plotted at the open of each trading day for Futures, Stocks, Crypto… pretty much anything with a chart!
Daily, Weekly, and Monthly levels are included. Monthly levels will appear the thickets, as they are the strongest, followed by the medium thick Weekly levels and more fine Daily levels. For day trading, including all 3 sets of levels should offer multiple level thoughts each day on most assets most days. When find tuning swing targets, Magic Levels offer areas to watch for an intra-day entry while watching an idea develop on a higher timeframe chart.
Paired with VWAP and/or an Moving Average for trend, the Magic Levels offer quick and easy entries and targets for breakout and reversal traders — without the need to chart multiple assets each and evert day.
More information at bullbarbie.com .
RSI Histogram With overbought & oversold Patches
RSI Histogram with Overbought & Oversold Patches
This indicator visualizes the Relative Strength Index (RSI) as a histogram, making it easier to identify momentum shifts and trend strength. The bars change color based on RSI values—bullish (above 50) and bearish (below 50)—providing a clear visual representation of market sentiment. Additionally, shaded background patches highlight overbought (above 70) and oversold (below 30) areas, helping traders spot potential reversal zones. With customizable colors, bar width, and opacity settings, this tool enhances RSI analysis for better decision-making.
