The Sentiment Indicator - Ultimate Hybrid v2(image shown of chart is not the coloured candles - message for a screenshot)
The Sentiment Indicator – Ultimate Hybrid v2
Most indicators react. This one anticipates.
Using dual-timeframe sentiment normalization, it blends institutional money flow, market participation, global risk appetite, and adaptive momentum into one real-time composite score — then colours your candles from blood red (panic) to deep green (conviction).
What You See
Dark Green Candles = Institutional buying confirmed
(Filtered by volume, flow, and participation — no fakeouts)
Early Warning Flash = Short-term sentiment collapsing while price still high
→ Your edge to exit or hedge before the drop
Dynamic Thresholds = Levels shift with market regime — never static
Trend Boost Engine = Rewards sustained moves, punishes chop
Built for Real Traders
Works on SPY, QQQ, IWM, stocks, futures, crypto
No repainting | No lookahead | Fully transparent logic
Top-right dashboard shows every layer in real time
Dark Green Gate™ blocks false strength signals
How It Works (The Edge)
We analyse 12 major assets and over 20 institutional-grade metrics — including:
Smart money flow (volume-weighted, momentum-adjusted)
Market breadth (% of stocks above key MAs)
Global risk-on/risk-off signals (equities, bonds, commodities, EM)
VIX regime penalties
Up/down volume panic ratio
All fused into one adaptive composite score using dual-timeframe normalization (long-term stability + short-term sensitivity).
Key Inputs You Control
Primary Lookback (default: 40) – Core sensitivity
Early Warning Threshold (default: -15) – Catch tops early
Money Flow Weight (default: 50%) – Prioritize volume action
Dark Green Gate™ – ON/OFF – Blocks false strength signals
Exclusive Features
Early Warning System™ – Flashes when short-term sentiment collapses while price is still high
Dynamic Thresholds – Auto-adjust to current market volatility
Trend Boost Engine – Rewards sustained moves above the 150-day MA
Dark Green Gate™ – Requires volume + flow + price confirmation for top-tier signals
Works Everywhere
SPY, QQQ, IWM, ES, NQ, stocks, crypto
Work on daily, weekly
Real-time dashboard with every layer visible
Stop reacting. Start anticipating.
트렌드 어낼리시스
TrendMaster V2TrendMaster V2 is a comprehensive Pine Script indicator designed for TradingView. It combines multiple technical indicators and an advanced scoring logic to provide actionable trading signals. The script is highly customizable, allowing users to adjust trading modes, color themes, and signal filters according to their preferences and risk tolerance.
Key Features
Composite Scoring System:
The script calculates a composite score based on trend, momentum, pattern recognition, volume, volatility, divergence, Pearson correlation, and the CCI index. This score helps identify the best buy or sell opportunities.
Customizable Parameters:
Users can choose between “Aggressive,” “Balanced,” or “Conservative” trading modes, adjust indicator periods, and customize the color scheme of all visual elements.
Confluence Analysis:
The script evaluates the number of matching bullish or bearish signals, providing a confluence summary for higher-confidence trades.
Visual Signals:
Clear visual cues (triangles, circles, crosses) are displayed on the chart for strong buy/sell signals, confluences, and divergences.
Information Panels:
Two panels display real-time data such as score, RSI, volume, volatility, Pearson, CCI, trend, signal, and mode, along with the confluence status for quick reference.
Alert Conditions:
The script supports alerts for strong buy/sell signals, confluences, and divergences.
How It Works
Main Configuration:
Users select a trading mode (Aggressive, Balanced, or Conservative) and a color theme (Dark or Light).
Custom colors can also be set for bullish, bearish, strong, neutral, and signal elements.
Technical Indicators
Moving Averages (SMA/EMA) for trend analysis.
RSI to assess momentum and overbought/oversold conditions.
MACD for trend confirmation.
Volume and Volatility (ATR) for market activity evaluation.
Advanced Indicators
Pearson Correlation to measure trend strength.
CCI for cyclic momentum analysis.
Pattern Recognition
The script identifies common bullish and bearish reversal patterns (e.g., engulfing, hammer, morning/evening star) and continuation patterns (e.g., three white soldiers/black crows).
Composite Score
Each indicator contributes to a composite score, weighted according to the selected trading mode.
The score determines the strength of buy/sell signals.
Confluence Analysis
The script counts the number of matching bullish or bearish signals, providing a confluence summary for higher-confidence trades.
Visual Signals and Alerts
Strong buy/sell signals: triangles
Confluence signals: circles
Divergences: crosses
Alerts are triggered for strong buy/sell signals, confluences, and divergences.
Usage Instructions
Add the script to your TradingView chart.
Adjust the settings in the configuration panel to match your trading style.
Monitor the information panels and visual signals to spot trading opportunities.
Set up alerts for your preferred signal types.
Pyramid EnterPyramid Enter — Educational Position-Scaling Study
Purpose
Pyramid Enter is a lightweight, educational visualization of additive entries (“pyramiding into strength”). It’s designed to help you study how layered entries might line up during persistent trends. This script does not execute orders, make predictions, or provide financial advice. It simply shows where entry candidates could appear under a simple crossover framework with an optional trend filter.
How it works (concept)
Computes a fast EMA of your chosen Source (default: close).
Applies a user-selected Smoother (SMA/EMA/RMA/WMA/None) to create a slower reference line.
Marks an Enter candidate when the fast EMA crosses above the smoothed line.
Optional EMA 8/21 trend filter can be enabled to allow marks only when EMA(8) > EMA(21).
Includes an adaptive-on-flip option: if the 8/21 filter turns on, a one-time Enter candidate is allowed (useful for studying “first add after trend resumes”).
This is strictly a visual study of where entries might layer during momentum continuation — exits, risk, and sizing are intentionally out of scope so you can analyze those topics separately.
Inputs
Inputs
Length: Period of the fast EMA applied to Source.
Source: Price series used for the fast EMA.
Offset: Visual offset only; no effect on logic.
Smoothing
Type: Choose “SMA / EMA / RMA / WMA / None” for the reference line.
Length: Period for the smoothing type above.
Visualization
Show Labels: Toggle the on-chart Enter labels.
EMA 8/21 Filter
Enable EMA 8/21 Filter: Only mark when EMA(8) > EMA(21).
Fast EMA / Slow EMA: Lengths for the filter (defaults 8/21).
Plot Filter EMAs: Display the 8/21 lines for context.
Adaptive entry when filter flips ON: Allows a one-time Enter candidate on the bar the trend filter turns on (handy when studying re-acceleration after a pullback).
Visuals
White line: Fast EMA of Source.
Blue line: Selected smoother (your slower reference).
Labels: “Pyramid Enter” markers at candidate spots (intrabar + bar-close confirmation are handled internally to keep charts tidy).
No alerts are included. This tool is for chart study only.
Suggested study workflow
Context first — Add your higher-timeframe tools or moving averages to understand the broader regime.
Enable the 8/21 filter if you want to restrict labels to uptrends only.
Experiment with the smoother — SMA is simple, but EMA/RMA/WMA can change sensitivity.
Review clusters of “Pyramid Enter” labels during strong trends to learn where scaling could be considered in a rules-based process.
Pair with your risk framework — Because this script intentionally omits exits/position sizing, use it alongside your own stop, trailing, and de-risking logic for research.
Good citizens of the chart
No repainting tricks.
Marks follow standard EMA/smoothing crossovers with a simple state lock to avoid duplicates.
Designed to be lightweight and readable on any timeframe or symbol.
Limitations & notes
This is not a signal provider, trading system, or performance model.
Labels are educational candidates only; they do not imply profitability or suitability.
Past chart behavior does not guarantee future results. Always do your own research and practice risk management.
Compatibility
Works on all symbols/timeframes supported by TradingView.
Overlay: true (prints on price chart).
No alerts included by design.
Changelog
v1.0 — Initial public release: minimal visual study, optional 8/21 filter, adaptive flip option, no alerts.
License
Michael Culpepper Gratitude License — Free to use and modify for education and research. Please credit the author if you remix or share. Not for sale. No warranty.
Tags / Category (suggested)
Category: Trend Analysis / Educational Tools
Tags: pyramid, scaling, trend, ema, crossover, education, study
ES VIX on MNQ🧭 ES + VIX Overlay on MNQ
This indicator overlays the ES (S&P 500 futures) and VIX (Volatility Index) directly on the MNQ (Micro Nasdaq Futures) chart, allowing traders to visualize in real time the correlation, divergence, and volatility influence between the three instruments.
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⚙️ How It Works
• The VIX is dynamically rescaled to the MNQ’s daily open, so its moves appear on the same price scale.
• The ES line is projected based on its percentage move relative to the session open (18:00 NY).
• Both are plotted in sync with MNQ to expose relative strength and divergence zones that often precede strong directional moves.
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🧩 Inputs
• VIX Symbol: choose between VIX, CBOE:VIX, TVC:VIX
• Invert VIX Correlation: flips the VIX line for inverse-correlation setups
• VIX Step: controls how sensitively the VIX moves on the MNQ scale
• ES Symbol: defines the ES contract (e.g. ES1!)
• Show Signals: toggles on/off buy & sell markers
• Step (points): minimum distance between MNQ and VIX for a valid signal
• Block Signals: disables signals between 16:15 – 03:15 (illiquid hours)
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💡 Signal Logic
The system tracks crossings between MNQ and the projected VIX line:
• Buy signal → when MNQ crosses above the VIX and expands upward by ≥ X points.
• Sell signal → when MNQ crosses below the VIX and expands downward by ≥ X points.
A time filter avoids noise during low-volume sessions.
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📊 Visual Guide
• Cyan line = VIX on MNQ scale
• Orange line = ES on MNQ scale
• Labels on the right = current VIX / ES values
• BUY/SELL markers = potential volatility-based reversals
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🚀 Practical Use
Perfect for traders who monitor:
• VIX–price divergence
• ES vs MNQ momentum confirmation
• Early volatility expansions before trend moves
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💬 Core Idea:
“Volatility leads — price confirms.”
War Room – Combined HUD v3.4 (Cap T+1, RTH+ON H/L)War Room Combined HUD — Futures / Flow Command Panel
Purpose:
A high-performance multi-layer heads-up display (HUD) designed for intraday futures trading (optimized for NQ/ES). It merges market flow, volume delta, session structure, and directional bias models into a single at-a-glance command panel.
Core Features:
Score / Bias Engine: Aggregates VWAP positioning, delta slope, and CVD structure to produce a live bias score (–5 → +5 scale) and simplified bias label (SBear → SBull).
State Monitor: Detects alignment or conflict between intraday bias and real-time flow. Highlights counter-trend conditions (“Use magnets / half size”) vs. aligned continuation.
Trap Detection (Dual):
Trap Short (shorts trapped, squeeze-up risk)
Trap Long (longs trapped, flush-down risk)
Color-coded strength meter indicates WATCH / TRAPPED / SQUEEZE.
Session CVD Table: Displays cumulative volume delta (CVD) and block delta by region — Asia / London / New York / Global — with auto-classified modes: Initiative Buy, Initiative Sell, Absorption, Distribution, or Neutral.
Flow Dominance Gauge: Tracks Global vs. Local momentum; signals when session flow diverges from the global CVD vector.
Price Anchors: Displays ON (overnight) high/low, RTH (regular trading hours) high/low, and prior session reference points (POC, VAH, VAL, HVN, LVN).
Capitulation T+1 Forecast: Computes early warning probability for next-day capitulation or squeeze events using volatility stretch, CVD intensity, control %, and score extremes. Direction marked with ↑ / ↓ arrow.
Futures / Flow Lower HUD (Optional): A cadence-based flow log showing Time, Px, VWAP, Δ, CVD, Bias, and Trap for the most recent 15-minute blocks — a micro-tape of intraday flow behavior.
Usage:
Primary HUD (top panel) → Real-time decision layer (bias, traps, state, cap-forecast).
Lower HUD (optional) → Historical flow context and confirmation.
Designed for use on 1m–15m charts, tuned for New York RTH bias detection.
Visual Key:
🟩 Green → Bullish continuation or trapped shorts
🟥 Red → Bearish continuation or trapped longs
🟧 Orange → Countertrend / Watch zone
⚫ Gray/Black → Neutral or no signal
BVC - Optimized Trend StrengthOverview
BVC-Optimized Trend Strength is a next-generation trend evaluation system designed specifically for the Casablanca Stock Exchange (BVC).
It measures the true strength of bullish and bearish pressure using a combination of advanced technical filters:
• Trend structure via MM20 & MM50
• Market momentum via RSI
• Breakout confirmation using Donchian levels
• Volume validation based on BVC liquidity characteristics
• Slope strength of the fast moving average
• Weighted scoring engine (0 → 100)
• Non-repainting BUY/SELL signals
• Background regime detection (Bull / Bear / Neutral)
It is engineered to be highly configurable, lightweight, and fully adapted to BVC market behavior, where liquidity, breakout reliability, and trend confirmation behave differently from US or European markets.
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How It Works
At every bar, the script evaluates 6 categories of trend evidence.
Each category contributes a configurable weight to a final Bull Score and Bear Score, each ranging from 0 to 100.
Bull Score Components
• Price above MM20
• MM20 above MM50
• Positive MA slope
• RSI above bullish threshold
• Donchian bullish breakout (non-repainting)
• Volume confirmation
Bear Score Components
Exact mirror of the bullish setup.
The result is a quantitative trend strength meter that reflects the true pressure behind the market.
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Non-Repainting BUY & SELL Signals
Signals only trigger when the calculated score crosses your minimum threshold (default: 60).
Labels fire once, at the close of the candle, using:
MM crossovers
RSI regime shifts
Donchian breakouts
Trend structure & volume validation
All signals are non-repainting, meaning what you see historically is exactly what was printed live.
Labels include:
BUY • Very Strong (85/100)
SELL • Strong (65/100)
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Background Regime Detection
The chart background automatically adapts to market conditions:
• Green → confirmed bullish regime
• Red → confirmed bearish regime
• Gray → mixed or transition phase
You may customize transparency and behavior.
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Top-Right Dashboard
A clean summary panel displays:
• Price
• MM20
• MM50
• RSI
• Bull/Bear scores
• Recommended Action: BUY / HOLD, SELL / AVOID or WAIT
This gives traders an instant, objective view of market conditions.
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Alerts
Built-in TradingView alerts:
• BUY Signal
• SELL Signal
Customize them directly through the TradingView alerts panel.
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Ideal For
Swing traders
Position traders
Portfolio managers
Trend-followers
BVC investors wanting objective confirmation
Traders who hate repainting signals
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Why It Works on the BVC
The BVC behaves differently from high-frequency markets.
Breakouts often require confirmation, low volume distorts momentum, and many assets move in structured waves.
This script integrates all these insights into a single, powerful and unified indicator—built for Morocco, by someone who trades Morocco.
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Disclaimer
This indicator does not guarantee profits and should be combined with market structure, liquidity evaluation, and proper risk management. Past performance does not guarantee future results.
RastaRasta — Educational Strategy (Pine v5)
Momentum · Smoothing · Trend Study
Overview
The Rasta Strategy is a visual and educational framework designed to help traders study momentum transitions using the interaction between a fast-reacting EMA line and a slower smoothed reference line.
It is not a signal generator or profit system; it’s a learning tool for understanding how smoothing, crossovers, and filters interact under different market conditions.
The script displays:
A primary EMA line (the fast reactive wave).
A Smoothed line (using your chosen smoothing method).
Optional fog zones between them for quick visual context.
Optional DNA rungs connecting both lines to illustrate volatility compression and expansion.
Optional EMA 8 / EMA 21 trend filter to observe higher-time-frame alignment.
Core Idea
The Rasta model focuses on wave interaction. When the fast EMA crosses above the smoothed line, it reflects a shift in short-term momentum relative to background trend pressure. Cross-unders suggest weakening or reversal.
Rather than treating this as a trading “signal,” use it to observe structure, study trend alignment, and test how smoothing type affects reaction speed.
Smoothing Types Explained
The script lets you experiment with multiple smoothing techniques:
Type Description Use Case
SMA (Simple Moving Average) Arithmetic mean of the last n values. Smooth and steady, but slower. Trend-following studies; filters noise on higher time frames.
EMA (Exponential Moving Average) Weights recent data more. Responds faster to new price action. Momentum or reactive strategies; quick shifts and reversals.
RMA (Relative Moving Average) Used internally by RSI; smooths exponentially but slower than EMA. Momentum confirmation; balanced response.
WMA (Weighted Moving Average) Linear weights emphasizing the most recent data strongly. Intraday scalping; crisp but potentially noisy.
None Disables smoothing; uses the EMA line alone. Raw comparison baseline.
Each smoothing method changes how early or late the strategy reacts:
Faster smoothing (EMA/WMA) = more responsive, good for scalping.
Slower smoothing (SMA/RMA) = more stable, good for trend following.
Modes of Study
🔹 Scalper Mode
Use short EMA lengths (e.g., 3–5) and fast smoothing (EMA or WMA).
Focus on 1 min – 15 min charts.
Watch how quick crossovers appear near local tops/bottoms.
Fog and rung compression reveal volatility contraction before bursts.
Goal: study short-term rhythm and liquidity pulses.
🔹 Momentum Mode
Use moderate EMA (5–9) and RMA smoothing.
Ideal for 1 H–4 H charts.
Observe how the fog color aligns with trend shifts.
EMA 8 / 21 filter can act as macro bias; “Enter” labels will appear only in its direction when enabled.
Goal: study sustained motion between pullbacks and acceleration waves.
🔹 Trend-Follower Mode
Use longer EMA (13–21) with SMA smoothing.
Great for daily/weekly charts.
Focus on periods where fog stays unbroken for long stretches — these illustrate clear trend dominance.
Watch rung spacing: tight clusters often precede consolidations; wide rungs signal expanding volatility.
Goal: visualize slow-motion trend transitions and filter whipsaw conditions.
Components
EMA Line (Red): Fast-reacting short-term direction.
Smoothed Line (Yellow): Reference trend baseline.
Fog Zone: Green when EMA > Smoothed (up-momentum), red when below.
DNA Rungs: Thin connectors showing volatility structure.
EMA 8 / 21 Filter (optional):
When enabled, the strategy will only allow Enter events if EMA 8 > EMA 21.
Use this to study higher-trend gating effects.
Educational Applications
Momentum Visualization: Observe how the fast EMA “breathes” around the smoothed baseline.
Trend Transitions: Compare different smoothing types to see how early or late reversals are detected.
Noise Filtering: Experiment with fog opacity and smoothing lengths to understand trade-off between responsiveness and stability.
Risk Concept Simulation: Includes a simple fixed stop-loss parameter (default 13%) for educational demonstrations of position management in the Strategy Tester.
How to Use
Add to Chart → “Strategy.”
Works on any timeframe and instrument.
Adjust Parameters:
Length: base EMA speed.
Smoothing Type: choose SMA, EMA, RMA, or WMA.
Smoothing Length: controls delay and smoothness.
EMA 8 / 21 Filter: toggles trend gating.
Fog & Rungs: visual study options only.
Study Behavior:
Use Strategy Tester → List of Trades for entry/exit context.
Observe how different smoothing types affect early vs. late “Enter” points.
Compare trend periods vs. ranging periods to evaluate efficiency.
Combine with External Tools:
Overlay RSI, MACD, or Volume for deeper correlation analysis.
Use replay mode to visualize crossovers in live sequence.
Interpreting the Labels
Enter: Marks where fast EMA crosses above the smoothed line (or when filter flips positive).
Exit: Marks where fast EMA crosses back below.
These are purely analytical markers — they do not represent trade advice.
Educational Value
The Rasta framework helps learners explore:
Reaction time differences between moving-average algorithms.
Impact of smoothing on signal clarity.
Interaction of local and global trends.
Visualization of volatility contraction (tight DNA rungs) and expansion (wide fog zones).
It’s a sandbox for studying price structure, not a promise of profit.
Disclaimer
This script is provided for educational and research purposes only.
It does not constitute financial advice, trading signals, or performance guarantees. Past market behavior does not predict future outcomes.
Users are encouraged to experiment responsibly, record observations, and develop their own understanding of price behavior.
Author: Michael Culpepper (mikeyc747)
License: Educational / Open for study and modification with credit.
Philosophy:
“Learning the rhythm of the market is more valuable than chasing its profits.” — Rasta
3 EMAs CustomizablesIt consists of 3 EMAs, each of which can be customized — you can change colors, thickness, and periods according to your trading strategy to save space on the indicators.
Pythia v0.5.5 Lite Pythia Lite — Mapping the Energy Behind Price
Description
Pythia Lite explores the hidden energy of market movement, showing where momentum begins to fade and where a new cycle may emerge.
The system combines impulse dynamics, divergence logic, and collapse-zone geometry to visualize potential reversals before they become visible to conventional indicators.
What it does
• Reveals areas of fading momentum and energy imbalance
• Highlights zones with higher probability of trend change
• Uses adaptive σ-filtering to reduce noise
• Visualizes the market flow structure with dynamic ATR/regression projections
• Builds a clear picture of the market’s energetic landscape
Limitations (Lite Edition)
• Reduced analytical depth
• No reversal-forecasting zones
• No energy-density visualization
• No multi-scale (macro) perspective
• Simplified divergence filters
Notes
Pythia Lite is designed for visual and educational analysis.
It does not generate trading signals but helps visualize the inner mechanics of market movement.
Created through the dialogue of analysis and intelligence.
© Saël Lab — Pythia Project 2025
Update Reason
Initial publication of Pythia Lite — an introductory version created to demonstrate the visual and analytical concepts of energy-based divergence detection.
Release Notes
Pythia Lite v0.5.5 introduces a compact framework for visualizing momentum decay and potential reversal zones using adaptive energy-flow analysis.
All logic and calculations are self-contained within the script, without any external sources or dependencies.
1H Early Pivot (arrows + stem) by Pastor CarrThis indicator helps to find early pivot points on the IH chart.
RSI MTF Table - 12 Pairs (1,5,15)
The relative strength index measures the speed and magnitude of an asset's recent price changes. Therefore, it is considered a momentum indicator in technical analysis. Essentially, the RSI is the ratio of the days an asset's value increases to decreases over a given period.
Generally speaking, if the RSI is around 50, we do not expect strong movements. RSI above 65 or below 35 are areas we expect. In this context, this chart and the general momentum in 1-5-15 minutes allow us to quickly determine the parity we will trade. It is useful for intraday trading and scalping.
Elephant Edge by Signal Algo**Elephant Edge** is a powerful trading indicator built to simplify decision-making for both swing and intraday traders. It blends precision with clarity, helping you identify potential buy and sell opportunities with confidence. Session Levels Predictor+ plots upper and lower percentile levels based on session data, helping traders identify potential support and resistance zones with precision. It automatically calculates percentile-based projections from intraday sessions and marks them with clean, customizable lines. Ideal for intraday and short-term traders looking for statistical price ranges.
For **swing traders**, Elephant Edge pinpoints market turning points and trend directions—empowering you to capture larger moves and ride momentum effectively. For **intraday traders**, it delivers clearly defined buy and sell levels, offering actionable entry and exit points throughout the trading day.
Whether you’re targeting short-term opportunities or holding positions across multiple sessions, Elephant Edge provides a structured and disciplined trading approach. Its intelligently designed signals filter out market noise, giving you a dependable edge while keeping emotions out of the equation.
With **Elephant Edge**, you don’t just react to the market—you trade with **clarity, confidence, and consistency**.
ES on MNQES on MNQ — ES percent-move overlay on the MNQ price scale.
Overview
This indicator projects the ES’s intraday percent change since session open onto the MNQ price scale. At the session start (18:00 chart time), it stores the ES open and the MNQ open, tracks ES’s percentage move from that anchor, and applies the same percent move to the MNQ open. The result is a single line that behaves like ES but is plotted in MNQ points—useful for spotting convergence/divergence, failed breaks, and mean-reversion setups between ES and MNQ.
How it works
1. Detects session open (18:00 on your chart).
2. Saves ES_open and MNQ_open.
3. Computes pct = (ES_close - ES_open) / ES_open.
4. Plots MNQ_open * (1 + pct) as the ES-on-MNQ line.
A label on the last bar shows the current ES value for quick reference.
Inputs
• ES Symbol: default ES1! (change if you use a different continuous).
• Line Color: color of the overlaid ES-on-MNQ line.
Works best on intraday timeframes and when your chart’s session aligns with ES.
Why it’s useful
• Highlights divergences (MNQ decoupling from ES baseline).
• Aids confirmation on pullbacks/breakouts when MNQ’s move disagrees with the ES-based projection.
• Helps risk control by flagging stretches likely to revert toward the ES-anchored path.
Notes & limitations
• This is a percent-rebasing overlay, not a hedge ratio, fair value, or spread model.
• Session/timezone settings matter; if your feed doesn’t print exactly at 18:00 on a higher timeframe, use a smaller TF or adjust session settings.
• Minor differences between ES (full) and MNQ (micro) and data latency can create small offsets.
Disclaimer
For educational use only. Not financial advice. Use proper risk management.
VIX on MNQVIX on MNQ — VIX percent-move overlay on the MNQ price scale (daily-open anchor, optional inversion)
Overview
This indicator projects the VIX’s intraday percent change from the daily open onto the MNQ price scale. It takes today’s open for both VIX and MNQ, measures the VIX’s percentage move since that open, optionally inverts it (given the typical inverse relationship), and applies a scale factor to fit that move onto MNQ’s price axis. The result is a single line that reflects VIX dynamics but is plotted in MNQ points—great for reading risk-on/risk-off tone, spotting divergences, and timing mean-reversion around volatility spikes.
How it works
• Fetches VIX close on your chart timeframe and today’s open for VIX and MNQ.
• Computes pct = (VIX_close − VIX_open) / VIX_open.
• Optionally multiplies by −1 (invert) and then by a Scale Factor to compress amplitude.
• Plots MNQ_open * (1 + pct * (invert? −1 : 1) * scaleFactor) as the VIX-on-MNQ line.
• Adds a last-bar label with the current VIX value and a small info panel (VIX, % change, scaled level).
Inputs
• VIX Symbol: VIX, CBOE:VIX, or TVC:VIX (pick the one that matches your data feed).
• VIX Line Color: color of the overlay line.
• Invert VIX: flip the sign to reflect inverse correlation with MNQ.
• Scale Factor (default 0.05): tune how much of the VIX move is mapped onto MNQ points.
Why it’s useful
• Surfaces volatility-led divergences: when MNQ’s path disagrees with VIX’s risk signal.
• Helps confirm/fade breakouts and pullbacks during volatility expansions/compressions.
• Provides a quick, visual “volatility baseline” directly on the MNQ chart without juggling two panes.
Notes & limitations
• This is a percent-rebased overlay, not a hedge ratio, fair value, or spread model.
• It anchors to the current day’s open; session/timezone settings and your VIX symbol choice (CBOE:VIX vs TVC:VIX) can affect exact prints.
• The scale factor is intentionally manual—adjust until the overlay’s swings are visually informative for your setup.
Disclaimer
For educational use only. Not financial advice. Always manage risk.
ES on MNQES on MNQ — ES percent-move overlay on the MNQ price scale
Overview
This indicator projects the ES’s intraday percent change since session open onto the MNQ price scale. At the session start (18:00 global chart time), it stores the ES open and the MNQ open, tracks ES’s percentage move from that anchor, and applies the same percent move to the MNQ open. The result is a single line that behaves like ES but is plotted in MNQ points—useful for spotting convergence/divergence, failed breaks, and mean-reversion setups between ES and MNQ.
How it works
1. Detects session open (18:00 on your chart).
2. Saves ES_open and MNQ_open.
3. Computes pct = (ES_close - ES_open) / ES_open.
4. Plots MNQ_open * (1 + pct) as the ES-on-MNQ line.
A label on the last bar shows the current ES value for quick reference.
Inputs
• ES Symbol: default ES1! (change if you use a different continuous).
• Line Color: color of the overlaid ES-on-MNQ line.
Works best on intraday timeframes and when your chart’s session aligns with ES.
Why it’s useful
• Highlights divergences (MNQ decoupling from ES baseline).
• Aids confirmation on pullbacks/breakouts when MNQ’s move disagrees with the ES-based projection.
• Helps risk control by flagging stretches likely to revert toward the ES-anchored path.
Notes & limitations
• This is a percent-rebasing overlay, not a hedge ratio, fair value, or spread model.
• Session/timezone settings matter; if your feed doesn’t print exactly at 18:00 on a higher timeframe, use a smaller TF or adjust session settings.
• Minor differences between ES (full) and MNQ (micro) and data latency can create small offsets.
Disclaimer
For educational use only. Not financial advice. Use proper risk management.
PE Fair ValueIn short, it’s an automated fair value estimator based on the price-to-earnings model, with full manual control if TradingView’s fundamental data is missing.
Summary:
1. Lets the user choose the EPS source – either automatically from TradingView fundamentals (EPS TTM) or a manual value.
2. Attempts to fetch the stock’s P/E ratio (TTM) automatically; if unavailable, it uses a manual fallback P/E.
3. Calculates:
Actual P/E = current price ÷ EPS
Fair Value = EPS × chosen (auto/manual) P/E
Percentage difference between market price and fair value
4. Plots the fair-value line on the chart for visual comparison.
5. Displays a table in the top-right corner showing:
EPS used
Target P/E
Actual P/E
Fair value
Current price
Difference vs fair value (colored green or red)
6. Creates alerts when the stock is trading above or below the calculated fair value.
7. Also plots the current closing price for reference.
