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Momentum Trail Oscillator [AlgoAlpha]🟠 OVERVIEW This script builds a Momentum Trail Oscillator designed to measure directional momentum strength and dynamically track shifts in trend bias using a combination of smoothed price change calculations and adaptive trailing bands. The oscillator aims to help traders visualize when momentum is expanding or contracting and to identify transitions between bullish and bearish conditions. 🟠 CONCEPTS The core idea combines two methods. First, the script calculates a normalized momentum measure by smoothing price changes relative to their absolute values, which creates a bounded oscillator that highlights whether moves are directional or choppy. Second, it uses a trailing band mechanism inspired by volatility stops, where bands adapt to the oscillator’s volatility, adjusting the thresholds that define a shift in directional bias. This dual approach seeks to address both the magnitude and persistence of momentum, reducing false signals in ranging markets. 🟠 FEATURES The momentum calculation applies Hull Moving Averages and double EMA smoothing to price changes, producing a smooth, responsive oscillator. The trailing bands are derived by offsetting a weighted moving average of the oscillator by a multiple of recent momentum volatility. A directional state variable tracks whether the oscillator is above or below the bands, updating when the momentum crosses these dynamic thresholds. Overbought and oversold zones are visually marked between fixed levels (+30/+40 and -30/-40), with color fills to highlight when momentum is in extreme areas. The script plots signals on both the oscillator pane and optionally overlays markers on the main price chart for clarity. 🟠 USAGE To use the indicator, apply it to any symbol and timeframe. The “Oscillator Length” controls how sensitive the momentum line is to recent price changes—lower values react faster, higher values smooth out noise. The “Trail Multiplier” sets how far the adaptive bands sit from the oscillator mid-line, which affects how often trend state changes occur. When the momentum line rises into the upper filled area and then crosses back below +40, it signals potential overbought exhaustion. The opposite applies for the oversold zone below -40. The plotted trailing bands switch visibility depending on the current directional state: when momentum is trending up, the lower band acts as the active trailing stop, and when trending down, the upper band becomes active. Trend changes are marked with circular symbols when the direction variable flips, and optional overlay arrows appear on the price chart to highlight overbought or oversold reversals. Traders can combine these signals with their own price action or volume analysis to confirm entries or exits.
Pine Script® indicator
by AlgoAlpha
6
Step Channel Momentum Trend [ChartPrime]OVERVIEW Step Channel Momentum Trend is a momentum-based price filtering system that adapts to market structure using pivot levels and ATR volatility. It builds a dynamic channel around a stepwise midline derived from swing highs and lows. The system colors price candles based on whether price remains inside this channel (low momentum) or breaks out (strong directional flow). This allows traders to clearly distinguish ranging conditions from trending ones and take action accordingly. ⯁ STRUCTURAL MIDLNE (STEP CHANNEL CORE) The midline acts as the backbone of the trend system and is based on structure rather than smoothing. Calculated as the average of the most recent confirmed Pivot High and Pivot Low. The result is a step-like horizontal line that only updates when new pivot points are confirmed. This design avoids lag and makes the line "snap" to recent structural shifts. It reflects the equilibrium level between recent bullish and bearish control. snapshot This unique step logic creates clear regime shifts and prevents noise from distorting trend interpretation. ⯁ DYNAMIC VOLATILITY BANDS (ATR FILTERING) To detect momentum strength, the script constructs upper and lower bands using the ATR (Average True Range): The distance from the midline is determined by ATR × multiplier (default: 200-period ATR × 0.6). These bands adjust dynamically to volatility, expanding in high-ATR environments and contracting in calm markets. The area between upper and lower bands represents a neutral or ranging market state. Breakouts outside the bands are treated as significant momentum shifts. snapshot This filtering approach ensures that only meaningful breakouts are visually emphasized — not every candle fluctuation. ⯁ MOMENTUM-BASED CANDLE COLORING The system visually transforms price candles into momentum indicators: When price (hl2) is above the upper band, candles are green → bullish momentum. snapshot When price is below the lower band, candles are red → bearish momentum. snapshot When price is between the bands, candles are orange → low or no momentum (range). snapshot The candle body, wick, and border are all colored uniformly for visual clarity. This gives traders instant feedback on when momentum is expanding or fading — ideal for breakout, pullback, or trend-following strategies. ⯁ PIVOT-BASED SWING ANCHORS Each confirmed pivot is plotted as a label ⬥ directly on the chart: snapshot They also serve as potential manual entry zones, SL/TP anchors, or confirmation points. ⯁ MOMENTUM STATE LABEL To reinforce the current market mode, a live label is displayed at the most recent candle: Displays either: “Momentum Up” when price breaks above the upper band. snapshot “Momentum Down” when price breaks below the lower band. snapshot “Range” when price remains between the bands. snapshot Label color matches the candle color for quick identification. Automatically updates on each bar close. This helps discretionary traders filter trades based on market phase. USAGE Use the green/red zones to enter with momentum and ride trending moves. Use the orange zone to stay out or fade ranges. The step midline can act as a breakout base, pullback anchor, or bias reference. Combine with other indicators (e.g., order blocks, divergences, or volume) to build high-confluence systems. CONCLUSION Step Channel Momentum Trend gives traders a clean, adaptive framework for identifying trend direction, volatility-based breakouts, and ranging environments — all from structural logic and ATR responsiveness. Its stepwise midline provides clarity, while its dynamic color-coded candles make momentum shifts impossible to miss. Whether you’re scalping intraday momentum or managing swing entries, this tool helps you trade with the market’s rhythm — not against it.
Pine Script® indicator
by Joebig55
Future is hereOverview "Future is Here" is an original, multi-faceted Pine Script indicator designed to provide traders with a comprehensive toolset for identifying high-probability trading opportunities. By integrating volatility-based entry zones, trend-based price targets, momentum confirmation, dynamic support/resistance levels, and risk-reward ratio (RRR) calculations, this indicator offers a cohesive and actionable trading framework. Each feature is carefully designed to complement the others, ensuring a synergistic approach that enhances decision-making across various market conditions. This script is unique in its ability to combine these elements into a single, streamlined interface with clear visual cues and customizable alerts, making it suitable for both novice and experienced traders. Key Features and How They Work Together Volatility-Based Entry Zones Purpose: Identifies overbought and oversold conditions using a volatility-adjusted moving average, helping traders spot potential reversal zones. Mechanism: Utilizes a user-defined volatility length and multiplier to calculate dynamic overbought/oversold thresholds based on the standard deviation of price. Crossovers and crossunders of these levels trigger "Buy Zone" or "Sell Zone" labels. Synergy: These zones act as the foundation for entry signals, which are later confirmed by momentum and trend filters to reduce false signals. Trend-Based Price Targets Purpose: Projects potential price targets based on the prevailing trend, giving traders clear objectives for profit-taking. Mechanism: Combines a fast and slow moving average to determine trend direction, then calculates target prices using a multiplier of the price deviation from the slow MA. Labels display bullish or bearish targets when the fast MA crosses the slow MA. Synergy: Works in tandem with entry zones and momentum signals to align targets with market conditions, ensuring traders aim for realistic price levels supported by trend strength. Momentum Confirmation Purpose: Validates entry signals by assessing momentum strength, filtering out weak setups. Mechanism: Uses the momentum indicator to detect bullish or bearish momentum crossovers, labeling them as "Strong" or "Weak" based on a comparison with a smoothed momentum average. Synergy: Enhances the reliability of buy/sell signals by ensuring momentum aligns with volatility zones and trend direction, reducing the risk of premature entries. Dynamic Support/Resistance Levels Purpose: Highlights key price levels where the market is likely to react, aiding in trade planning and risk management. Mechanism: Detects pivot highs and lows over a user-defined lookback period, drawing horizontal lines for the most recent support and resistance levels (limited to two each for clarity). Labels mark these levels with price values. Synergy: Complements entry zones and price targets by providing context for potential reversal or continuation points, helping traders set logical stop-losses or take-profits. Buy/Sell Signals with Risk-Reward Ratios Purpose: Generates precise buy/sell signals with integrated take-profit (TP), stop-loss (SL), and RRR calculations for disciplined trading. Mechanism: Combines volatility zone crossovers, trend confirmation, and positive momentum to trigger signals. ATR-based TP and SL levels are calculated, and the RRR is displayed in labels for quick assessment. Synergy: This feature ties together all previous components, ensuring signals are only generated when volatility, trend, and momentum align, while providing clear risk-reward metrics for trade evaluation. Customizable Alerts Purpose: Enables traders to stay informed of trading opportunities without constant chart monitoring. Mechanism: Alert conditions are set for buy and sell signals, delivering notifications with the entry price for seamless integration into trading workflows. Synergy: Enhances usability by allowing traders to act on high-probability setups identified by the indicator’s combined logic. Originality "Future is Here" is an original creation that distinguishes itself through its holistic approach to technical analysis. Unlike single-purpose indicators, it integrates volatility, trend, momentum, and support/resistance into a unified system, reducing the need for multiple scripts. The inclusion of RRR calculations directly in signal labels is a unique feature that empowers traders to evaluate trade quality instantly. The script’s design emphasizes clarity and efficiency, with cooldowns to prevent label clutter and a limit on support/resistance lines to maintain chart readability. This combination of features, along with its customizable parameters, makes it a versatile and novel tool for traders seeking a robust, all-in-one solution. How to Use Setup: Add the indicator to your TradingView chart and adjust input parameters (e.g., Volatility Length, Trend Length, TP/SL Multipliers) to suit your trading style and timeframe. Interpretation: Look for "Buy Zone" or "Sell Zone" labels to identify potential entry points. Confirm entries with "Bull Mom" or "Bear Mom" labels and trend direction (Bull/Bear Target labels). Use Support/Resistance lines to set logical TP/SL levels or anticipate reversals. Evaluate Buy/Sell signals with TP, SL, and RRR for high-probability trades. Alerts: Set up alerts for Buy/Sell signals to receive real-time notifications. Customization: Fine-tune multipliers and lengths to adapt the indicator to different markets (e.g., stocks, forex, crypto) or timeframes.
Pine Script® indicator
by TradingRobotAvailable
4
Boomerang Trading Indicator# Boomerang News Trading Indicator ## Overview The Boomerang Trading Indicator is designed to identify potential reversal opportunities following major economic news releases. This indicator analyzes the initial market reaction to news events and provides visual cues for potential counter-trend trading opportunities based on Fibonacci retracement levels. ## How It Works ### News Event Detection - Automatically detects major news release times (NFP, CPI, FOMC, etc.) - Analyzes the first significant price movement following news releases - Requires minimum candle size threshold to filter out weak reactions ### First Move Analysis The indicator employs multiple analytical methods to determine the initial market direction: **Simple Analysis (High Confidence):** - When the news candle has ≥70% body-to-total ratio, uses straightforward bullish/bearish classification **Advanced Analysis (Complex Cases):** - Volume-weighted direction analysis - Momentum and wick pattern analysis - Market structure and gap analysis - Weighted voting system combining all methods ### Entry Signal Generation Based on the "boomerang" concept where markets often reverse after initial news reactions: **For Bullish First Moves (Price Up Initially):** - Generates SHORT entry signals when price retraces to 1.25-1.5 Fibonacci levels - Visual: Red triangles above price bars **For Bearish First Moves (Price Down Initially):** - Generates LONG entry signals when price retraces to -0.25 to -0.5 Fibonacci levels - Visual: Green triangles below price bars ## Key Features ### Visual Elements - **Fibonacci Levels**: Displays key retracement levels based on the initial reaction range - **Entry Zones**: Clear visual marking of optimal entry areas - **Direction Arrows**: Shows the initial market reaction direction - **Target Levels**: Displays profit target zones at 50% and 100% retracement levels ### Information Panel Real-time display showing: - Current setup status - First move direction and body percentage - Recommended trade direction - Key price levels (reaction high/low) - Profit targets with historical success rates ### Alert System - Pre-news warnings (customizable timing) - News event notifications - Setup activation alerts - Entry signal notifications ### Success Tracking - Visual "BOOM!" animations when targets are hit - Target 1 (50% level): ~95% historical success rate - Target 2 (Main target): ~80% historical success rate ## Configuration Options ### Time Settings - News release hour and minute (customizable for different events) - Pre-news alert timing - Setup duration (default 60 bars after news) ### Fibonacci Levels - Adjustable retracement percentages - Customizable target levels - Mid-level importance weighting ### Risk Management - Minimum reaction candle size filter - Maximum risk point setting - Visual risk/reward display ### Display Options - Toggle Fibonacci level visibility - Toggle target level display - Toggle animation effects - Customizable alert preferences ## Applicable News Events This indicator is designed for high-impact economic releases: - Non-Farm Payrolls (NFP) - First Friday, 8:30 AM ET - Consumer Price Index (CPI) - Monthly, 8:30 AM ET - Producer Price Index (PPI) - Monthly, 8:30 AM ET - Gross Domestic Product (GDP) - Quarterly, 8:30 AM ET - FOMC Interest Rate Decisions - 8 times yearly, 2:00 PM ET ## Trading Strategy Framework ### Core Principle Markets often overreact to news initially, then reverse toward more rational price levels. This "boomerang effect" creates short-term trading opportunities. ### Entry Strategy 1. Wait for significant initial reaction (>10 points minimum) 2. Identify the initial direction using multi-factor analysis 3. Trade opposite to the initial reaction when price reaches sweet spot zones 4. Use Fibonacci retracement levels as entry triggers ### Risk Management - Always use appropriate position sizing - Set stop losses beyond recent swing levels - Consider market volatility and news importance - Monitor for setup invalidation signals ## Important Notes ### Educational Purpose This indicator is for educational and analytical purposes. Users should: - Thoroughly test strategies in demo environments - Understand the risks involved in news trading - Consider market conditions and volatility - Use proper risk management techniques ### Market Considerations - High volatility during news events increases both opportunity and risk - Spreads may widen significantly during news releases - Different brokers may have varying execution conditions - Economic calendar timing may vary between sources ### Limitations - Past performance does not guarantee future results - Market conditions can change, affecting strategy effectiveness - News events may have unexpected outcomes affecting normal patterns - Technical analysis should be combined with fundamental analysis ## Version Information - Compatible with TradingView Pine Script v5 - Designed for 1-minute timeframe optimal performance - Works on major forex pairs, indices, and commodities - Regular updates based on market condition changes --- **Disclaimer:** This indicator is provided for educational purposes only. Trading involves substantial risk and is not suitable for all investors. Past performance is not indicative of future results. Users should conduct their own research and consider their financial situation before making trading decisions.
Pine Script® indicator
by Turkish_Trader_
Fair Value GapsFair Value Gaps Indicator The Fair Value Gaps (FVG) Indicator is a sleek, lightweight tool designed to identify and display unfilled fair value price gaps on any chart and timeframe. It dynamically updates as price moves into gaps, shrinking the displayed area to show only the remaining unfilled portion until the gap is fully closed. With a user-friendly settings panel, traders can customize visuals to suit their style, including a minimalist version. Features When a valid FVG is detected through a three-candle pattern, a box appears, highlighting the precise gap range. As price enters the gap, the box adjusts to reflect the remaining unfilled area, and when fully filled, the gap is deleted, allowing new gaps to appear. The settings panel offers robust customization for a tailored experience. Preset Styles : Custom : Define your own color and zone extension settings. (Default) Blue Boxes : Blue gaps with 85% transparency and zones extended to the right. Minimalist Yellow : Yellow gaps with 75% transparency, confined to the original gap area on the candlestick. Color : Change the gap color and transparency. Extend FVG Zone : Enable or disable zone extension to the right. Show Borders : Toggle subtle borders on or off for enhanced visibility. Maximum FVGs Displayed : Change the number of gaps displayed on the chart. Thank you for your interest in my work. I use these fair value gaps as part of my trade trigger for many of my trade entries almost every day. If you have any comments, bugs, or suggestions, please leave them here, or you can find me on Twitter or Discord. @ ContrarianIRL Open-source developer for over 25 years
Pine Script® indicator
by ContrarianIRL
Hull MA Cloud with Buy/Sell LabelsThis is an adaptable HULL MA that you can change the settings and I would suggest to start with 9 and 49, and lower for scalping to something like 4 and 16. The formula used in this indicator makes use of a square root function. This means that perfect square numbers – 4, 9, 16, 25, 49, 81, are an ideal choice of setting for the length parameter of the indicator. It is not generally advisable to employ the Hull MA in ‘moving average crossover’ type strategies, but use this with additional TA and indicators for trend. This indicator also has additional SMA/EMA you can use as needed. The buy and sell code is taken from an existing trading view script from user (www.tradingview.com) that I found was really well done and can be tweaked by adjusting the swing period to increase or decrease the signals. Please see his page and script for more details. Play around with this script, change the HULL MA as it will be dependent on the commodity you are trading and time frame as well as the buy and sell to optimize the performance. I would suggest adding 200 SMA and use a trend following strategy. I know this code is not perfect and I will continue to see how it can be improved.
Pine Script® indicator
by EMA34TRADER
Mariam 5m Scalping Breakout StrategyPurpose A 5-minute scalping breakout strategy designed to capture fast 3-5 pip moves with high probability, using premium/discount zone filters and market bias conditions. Developed for traders seeking consistent scalps with a proven win rate above 95–98% in optimal conditions. How It Works The script monitors price action in 5-minute intervals, forming a 15-minute high and low range by tracking the highs and lows of the first 3 consecutive 5-minute candles starting from a custom time. In the next 3 candles, it waits for a breakout above the 15m high or below the 15m low while confirming market bias using custom equilibrium zones. Buy signals trigger when price breaks the 15m high while in a discount zone Sell signals trigger when price breaks the 15m low while in a premium zone The strategy simulates trades with fixed 3-5 pip take profit and stop loss values (configurable). All trades are recorded in a table with live trade results and an automatically updated win rate, typically achieving over 90–95% accuracy in favorable market conditions. Features Designed exclusively for the 5-minute timeframe Custom 15-minute high/low breakout logic Premium, Discount, and Equilibrium zone display Built-in backtest tracker with live trade results, statistics, and win rate Customizable start time, take profit, and stop loss settings Real-time alerts on breakout signals Visual markers for trade entries and failed trades Consistent win rate exceeding 90–95% on average when following market conditions Usage Tips Use strictly on 5-minute charts for accurate signal performance. Avoid during high-impact news releases. Important: Once a trade is opened, manually set your take profit at +3 to +5 pips immediately to secure the move, as these quick scalps often hit the target within a single candle. This prevents missed exits during rapid price action.
Pine Script® indicator
by alghamdi_meriam
Opening Candle Indicator V3 Details of this release: 1. Add an alert with two conditions: - Price breaks the highest candlestick opening and closing above it. - Price breaks the VWAP indicator value. 2. Integrate the VWAP indicator and the 200 EMA with the main indicator. 3. Display buy and sell signals based on specific conditions related to the VWAP breakout. 4. Increase target lines to five. 5. Most importantly, I added custom windows in the settings to apply the indicator to other markets based on adding the opening and closing times for any market with a daily opening and closing time. Important note: The second buy signal, which comes after a sell signal appears, is based on two conditions: a close above the high of the previous sell signal and a close above VWAP Warning - Buy or sell signals are only warning signals and the user is responsible for evaluating and studying this signal. تفاصيل هذا الإصدار: 1-أضفت تنبيه يحتوي على شرطين -إختراق السعر الأعلى لشمعة الإفتتاح والإغلاق فوقها. -إختراق السعر لقيمة مؤشر vwap. 2-دمج مؤشر vwap والمتوسط الأسي 200 مع المؤشرالرئيسي 3- إظهار إشارات الشراء والبيع بشروط معينة مرتبطة بإختراق vwap 4-زيادة خطوط الأهداف إلى خمس. 5- وهي الأهم أضفت نوافذ مخصصة في الاعدادت لتطبيق المؤشر على الأسواق الأخرى بناء على إضافة وقت الإفتتاح والإغلاق لأي سوق له وقت إفتتاح ووقت إغلاق يومي. ملاحظة مهمة:إشارة الشراء الثانية والتي تأتي بعد ظهور إشارة بيع وضعت بناء على شرطين وهما الاغلاق فوق الاعلى لإشارة البيع السابقة والاغلاق فوق مؤشر VWAP تحذير-إشارات الشراء أو البيع ليست إلا إشارات تحذيرية والمستخدم هو المسئول عن تقييم ودراسة هذه الإشارة
Pine Script® indicator
by almesnedabdulaziz
MACD Triple divergence signalsThis script is a basic combination of several scripts that I found very useful. It's a MACD divergence on steroids. Instead of using only one plot as a source for detecting divergence, I use all of the plots. The idea is that if more divergence signals appear—especially after a prolonged downtrend or uptrend—they can be interpreted as a strong divergence signal. The third divergence signal is taken from the MACD signal line. It has a longer-term lookback range, which could provide a more reliable divergence signal. The default minimum lookback range is 15, much greater than the usual value of 5. This makes it more suitable for long-term trading or for lower timeframes (lower than 4H) to reduce noise from excessive signals. For timeframes higher than 4H, the setting can be reduced to around 10 or even 5. For the 1W (weekly) timeframe, try using a value of 3. I also added a band to give a clear visual of overbought and oversold areas. It works similarly to Bollinger Bands (BB). You can spot when the price is ranging or when a stop-loss hunt occurs (i.e., the price breaks the band). Please do your homework—backtest it yourself to find which timeframe suits you best. You can also tweak the settings if you find the default values too aggressive or too mild. I’ve found that MACD is more reliable on timeframes greater than 1H. Personally, I use it on the 4H and 1D timeframes. in bahasa: MACD dengan 3 sinyal divergence, kalau muncul lebih banyak, bisa jadi sinyal lebih menyakinkan. Minimum lookback range default-nya 15 agar tidak muncul terlalu banyak sinyal. 15 lebih panjang, lebih ok. Kalau main di higher timeframe seperti 1D, bisa 5-10, kalau weeky timeframe = 3. Untuk band, cek ketika plot-nya keluar dari band, itu bisa jadi jackpot, apalagi kalau plot-nya membentuk double bottom. Backtest sendiri, siapa tahu kalian bisa dapet setting sendiri. MACD with upper and lower band will give you a clear visual of price movements More divergence signals are generated and when the price breaks out of the oversold band = jackpot.
Pine Script® indicator
by DigitalDomain
1
Opening Candle Indicator V4 Details of this release: 1. Add an alert with two conditions: - Price breaks the highest candlestick opening and closing above it. - Price breaks the VWAP indicator value. 2. Integrate the VWAP indicator and the 200 EMA with the main indicator. 3. Display buy and sell signals based on specific conditions related to the VWAP breakout. 4. Increase target lines to five. 5. Most importantly, I added custom windows in the settings to apply the indicator to other markets based on adding the opening and closing times for any market with a daily opening and closing time. Important note: The second buy signal, which comes after a sell signal appears, is based on two conditions: a close above the high of the previous sell signal and a close above VWAP Warning - Buy or sell signals are only warning signals and the user is responsible for evaluating and studying this signal. **Fixed some errors in the previous script تفاصيل هذا الإصدار: 1-أضفت تنبيه يحتوي على شرطين -إختراق السعر الأعلى لشمعة الإفتتاح والإغلاق فوقها. -إختراق السعر لقيمة مؤشر vwap. 2-دمج مؤشر vwap والمتوسط الأسي 200 مع المؤشرالرئيسي 3- إظهار إشارات الشراء والبيع بشروط معينة مرتبطة بإختراق vwap 4-زيادة خطوط الأهداف إلى خمس. 5- وهي الأهم أضفت نوافذ مخصصة في الاعدادت لتطبيق المؤشر على الأسواق الأخرى بناء على إضافة وقت الإفتتاح والإغلاق لأي سوق له وقت إفتتاح ووقت إغلاق يومي. ملاحظة مهمة:إشارة الشراء الثانية والتي تأتي بعد ظهور إشارة بيع وضعت بناء على شرطين وهما الاغلاق فوق الاعلى لإشارة البيع السابقة والاغلاق فوق مؤشر VWAP تحذير-إشارات الشراء أو البيع ليست إلا إشارات تحذيرية والمستخدم هو المسئول عن تقييم ودراسة هذه الإشارة **اصلاح بعض الاخطاء في السكربت الماضي
Pine Script® indicator
by almesnedabdulaziz
1
HMA Crossover + ATR + Curvature (Long & Short)📏 Hull Moving Averages (Trend Filters) - fastHMA = ta.hma(close, fastLength) - slowHMA = ta.hma(close, slowLength) These two HMAs act as dynamic trend indicators: - A bullish crossover of fast over slow HMA signals a potential long setup. - A bearish crossunder triggers short interest. ⚡️ Curvature (Acceleration Filter) - curv = ta.change(ta.change(fastHMA)) This calculates the second-order change (akin to the second derivative) of the fast HMA — effectively the acceleration of the trend. It serves as a filter: - For long entries: curv > curvThresh (positive acceleration) - For short entries: curv < -curvThresh (negative acceleration) It helps eliminate weak or stagnating moves by requiring momentum behind the crossover. 📈 Volatility-Based Risk Management (ATR) - atr = ta.atr(atrLength) - stopLoss = atr * atrMult - trailStop = atr * trailMult These define your: - Initial stop loss: scaled to recent volatility using ATR and atrMult. - Trailing stop: also ATR-scaled, to lock in gains dynamically as price moves favorably. 💰 Position Sizing via Risk Percent - capital = strategy.equity - riskCapital = capital * (riskPercent / 100) - qty = riskCapital / stopLoss This dynamically calculates the position size (qty) such that if the stop loss is hit, the loss does not exceed the predefined percentage of account equity. It’s a volatility-adjusted position sizing method, keeping your risk consistent regardless of market conditions. 📌 Execution Logic - Long Entry: on bullish HMA crossover with rising curvature. - Short Entry: on bearish crossover with falling curvature. - Exits: use ATR-based trailing stops. - Position is closed when trend conditions reverse (e.g., bearish crossover exits the long). This framework gives you: - Trend-following logic (via HMAs) - Momentum confirmation (via curvature) - Volatility-aware execution and exits (via ATR) - Risk-controlled dynamic sizing Want to get surgical and test what happens if we use curvature on the difference between HMAs instead? That might give some cool insights into trend strength transitions.
Pine Script® strategy
by emilio_sforza
5
Next Day Key Levels [Auto-Pivot Suite] RobustNext Day Key Levels Automatically plot key levels (Floor Pivots) for the next U.S. trading day, with smart session detection. What does this script do? Automatically detects the most recent completed U.S. regular trading session (9:30 AM–4:00 PM Eastern) and plots all classic Floor Pivot levels for the next trading day. Handles Mondays and holidays: Always uses the most recent session’s data, so Friday’s values are shown on Monday, and holidays are skipped seamlessly. Works in both pre-market and after-hours—levels appear for the next session at the right time. Levels plotted: Previous Session High (H) Previous Session Low (L) Previous Session Close (C) Pivot (P) Resistance 1, 2, 3 (R1, R2, R3) Support 1, 2, 3 (S1, S2, S3) How it works Monitors each bar and tracks session highs/lows/close only during regular market hours. At the close of each session (4:00 PM ET), saves these values. In pre-market (before 9:30 AM ET) and after-hours (after 4:00 PM ET), automatically plots levels based on the last completed session—always the correct session, even on Mondays and after holidays. Why is it better? No clutter: Only one set of levels per day, drawn cleanly. Accurate pivots for every next U.S. session. Zero manual setup: Add to any U.S. ticker, on any intraday timeframe. Features Works across all U.S. stocks and ETFs. Plots and labels all levels with color coding for quick reference. Designed for intraday and short-term trading strategies. Handles time zone and market session edge cases automatically. How to use Add the indicator to any U.S. equity or ETF chart (15m–1h timeframes recommended). Levels will appear automatically in pre-market or after the market closes, always for the next session. Trade with confidence using automatic, accurate pivots and support/resistance levels. Developed by . For questions or feedback, leave a comment below!
Pine Script® indicator
by nvijaybhargav77
Zero Lag Trend Signals (MTF) [AlgoAlpha]// This Pine Script™ code is subject to the terms of the Mozilla Public License 2.0 at mozilla.org // © AlgoAlpha //@version=5 indicator("Zero Lag Trend Signals (MTF) ", shorttitle="AlgoAlpha - 0️⃣Zero Lag Signals", overlay=true) length = input.int(70, "Length", tooltip = "The Look-Back window for the Zero-Lag EMA calculations", group = "Main Calculations") mult = input.float(1.2, "Band Multiplier", tooltip = "This value controls the thickness of the bands, a larger value makes the indicato less noisy", group = "Main Calculations") t1 = input.timeframe("5", "Time frame 1", group = "Extra Timeframes") t2 = input.timeframe("15", "Time frame 2", group = "Extra Timeframes") t3 = input.timeframe("60", "Time frame 3", group = "Extra Timeframes") t4 = input.timeframe("240", "Time frame 4", group = "Extra Timeframes") t5 = input.timeframe("1D", "Time frame 5", group = "Extra Timeframes") green = input.color(#00ffbb, "Bullish Color", group = "Appearance") red = input.color(#ff1100, "Bearish Color", group = "Appearance") src = close lag = math.floor((length - 1) / 2) zlema = ta.ema(src + (src - src ), length) volatility = ta.highest(ta.atr(length), length*3) * mult var trend = 0 if ta.crossover(close, zlema+volatility) trend := 1 if ta.crossunder(close, zlema-volatility) trend := -1 zlemaColor = trend == 1 ? color.new(green, 70) : color.new(red, 70) m = plot(zlema, title="Zero Lag Basis", linewidth=2, color=zlemaColor) upper = plot(trend == -1 ? zlema+volatility : na, style = plot.style_linebr, color = color.new(red, 90), title = "Upper Deviation Band") lower = plot(trend == 1 ? zlema-volatility : na, style = plot.style_linebr, color = color.new(green, 90), title = "Lower Deviation Band") fill(m, upper, (open + close) / 2, zlema+volatility, color.new(red, 90), color.new(red, 70)) fill(m, lower, (open + close) / 2, zlema-volatility, color.new(green, 90), color.new(green, 70)) plotshape(ta.crossunder(trend, 0) ? zlema+volatility : na, "Bearish Trend", shape.labeldown, location.absolute, red, text = "▼", textcolor = chart.fg_color, size = size.small) plotshape(ta.crossover(trend, 0) ? zlema-volatility : na, "Bullish Trend", shape.labelup, location.absolute, green, text = "▲", textcolor = chart.fg_color, size = size.small) plotchar(ta.crossover(close, zlema) and trend == 1 and trend == 1 ? zlema-volatility*1.5 : na, "Bullish Entry", "▲", location.absolute, green, size = size.tiny) plotchar(ta.crossunder(close, zlema) and trend == -1 and trend == -1 ? zlema+volatility*1.5 : na, "Bearish Entry", "▼", location.absolute, red, size = size.tiny) s1 = request.security(syminfo.tickerid, t1, trend) s2 = request.security(syminfo.tickerid, t2, trend) s3 = request.security(syminfo.tickerid, t3, trend) s4 = request.security(syminfo.tickerid, t4, trend) s5 = request.security(syminfo.tickerid, t5, trend) s1a = s1 == 1 ? "Bullish" : "Bearish" s2a = s2 == 1 ? "Bullish" : "Bearish" s3a = s3 == 1 ? "Bullish" : "Bearish" s4a = s4 == 1 ? "Bullish" : "Bearish" s5a = s5 == 1 ? "Bullish" : "Bearish" if barstate.islast var data_table = table.new(position=position.top_right, columns=2, rows=6, bgcolor=chart.bg_color, border_width=1, border_color=chart.fg_color, frame_color=chart.fg_color, frame_width=1) table.cell(data_table, text_halign=text.align_center, column=0, row=0, text="Time Frame", text_color=chart.fg_color) table.cell(data_table, text_halign=text.align_center, column=1, row=0, text="Signal", text_color=chart.fg_color) table.cell(data_table, text_halign=text.align_center, column=0, row=1, text=t1, text_color=chart.fg_color) table.cell(data_table, text_halign=text.align_center, column=1, row=1, text=s1a, text_color=chart.fg_color, bgcolor=s1a == "Bullish" ? color.new(green, 70) : color.new(red, 70)) table.cell(data_table, text_halign=text.align_center, column=0, row=2, text=t2, text_color=chart.fg_color) table.cell(data_table, text_halign=text.align_center, column=1, row=2, text=s2a, text_color=chart.fg_color, bgcolor=s2a == "Bullish" ? color.new(green, 70) : color.new(red, 70)) table.cell(data_table, text_halign=text.align_center, column=0, row=3, text=t3, text_color=chart.fg_color) table.cell(data_table, text_halign=text.align_center, column=1, row=3, text=s3a, text_color=chart.fg_color, bgcolor=s3a == "Bullish" ? color.new(green, 70) : color.new(red, 70)) table.cell(data_table, text_halign=text.align_center, column=0, row=4, text=t4, text_color=chart.fg_color) table.cell(data_table, text_halign=text.align_center, column=1, row=4, text=s4a, text_color=chart.fg_color, bgcolor=s4a == "Bullish" ? color.new(green, 70) : color.new(red, 70)) table.cell(data_table, text_halign=text.align_center, column=0, row=5, text=t5, text_color=chart.fg_color) table.cell(data_table, text_halign=text.align_center, column=1, row=5, text=s5a, text_color=chart.fg_color, bgcolor=s5a == "Bullish" ? color.new(green, 70) : color.new(red, 70)) /////////////////////////////////////////ALERTS FOR SMALL ARROWS (ENTRY SIGNALS) alertcondition(ta.crossover(close, zlema) and trend == 1 and trend == 1, "Bullish Entry Signal", message="Bullish Entry Signal detected. Consider entering a long position.") alertcondition(ta.crossunder(close, zlema) and trend == -1 and trend == -1, "Bearish Entry Signal", message="Bearish Entry Signal detected. Consider entering a short position.") /////////////////////////////////////////ALERTS FOR TREND CONDITIONS alertcondition(ta.crossover(trend, 0), "Bullish Trend") alertcondition(ta.crossunder(trend, 0), "Bearish Trend") alertcondition(ta.cross(trend, 0), "(Bullish or Bearish) Trend") alertcondition(ta.crossover(s1, 0), "Bullish Trend Time Frame 1") alertcondition(ta.crossunder(s1, 0), "Bearish Trend Time Frame 1") alertcondition(ta.cross(s1, 0), "(Bullish or Bearish) Trend Time Frame 1") alertcondition(ta.crossover(s2, 0), "Bullish Trend Time Frame 2") alertcondition(ta.crossunder(s2, 0), "Bearish Trend Time Frame 2") alertcondition(ta.cross(s2, 0), "(Bullish or Bearish) Trend Time Frame 2") alertcondition(ta.crossover(s3, 0), "Bullish Trend Time Frame 3") alertcondition(ta.crossunder(s3, 0), "Bearish Trend Time Frame 3") alertcondition(ta.cross(s3, 0), "(Bullish or Bearish) Trend Time Frame 3") alertcondition(ta.crossover(s4, 0), "Bullish Trend Time Frame 4") alertcondition(ta.crossunder(s4, 0), "Bearish Trend Time Frame 4") alertcondition(ta.cross(s4, 0), "(Bullish or Bearish) Trend Time Frame 4") alertcondition(ta.crossover(s5, 0), "Bullish Trend Time Frame 5") alertcondition(ta.crossunder(s5, 0), "Bearish Trend Time Frame 5") alertcondition(ta.cross(s5, 0), "(Bullish or Bearish) Trend Time Frame 5") alertcondition(ta.crossover(close, zlema) and trend == 1 and trend == 1, "Bullish Entry") alertcondition(ta.crossunder(close, zlema) and trend == -1 and trend == -1, "Bearish Entry") bullishAgreement = s1 == 1 and s2 == 1 and s3 == 1 and s4 == 1 and s5 == 1 bearishAgreement = s1 == -1 and s2 == -1 and s3 == -1 and s4 == -1 and s5 == -1 alertcondition(bullishAgreement, "Full Bullish Agreement", message="All timeframes agree on bullish trend.") alertcondition(bearishAgreement, "Full Bearish Agreement", message="All timeframes agree on bearish trend.")
Pine Script® indicator
by mmartin0076
Opening Candle Indicator V5Details of this release: 1. Add an alert with two conditions: - Price breaks the highest candlestick opening and closing above it. - Price breaks the VWAP indicator value. 2. Integrate the VWAP indicator and the 200 EMA with the main indicator. 3. Display buy and sell signals based on specific conditions related to the VWAP breakout. 4. Increase target lines to five. 5. Most importantly, I added custom windows in the settings to apply the indicator to other markets based on adding the opening and closing times for any market with a daily opening and closing time. Important note: The second buy signal, which comes after a sell signal appears, is based on two conditions: a close above the high of the previous sell signal and a close above VWAP Warning - Buy or sell signals are only warning signals and the user is responsible for evaluating and studying this signal. ------------------------------ Same features as version 4 with some bug fixes. ------------------------------ تفاصيل هذا الإصدار: 1-أضفت تنبيه يحتوي على شرطين -إختراق السعر الأعلى لشمعة الإفتتاح والإغلاق فوقها. -إختراق السعر لقيمة مؤشر vwap. 2-دمج مؤشر vwap والمتوسط الأسي 200 مع المؤشرالرئيسي 3- إظهار إشارات الشراء والبيع بشروط معينة مرتبطة بإختراق vwap 4-زيادة خطوط الأهداف إلى خمس. 5- وهي الأهم أضفت نوافذ مخصصة في الاعدادت لتطبيق المؤشر على الأسواق الأخرى بناء على إضافة وقت الإفتتاح والإغلاق لأي سوق له وقت إفتتاح ووقت إغلاق يومي. ملاحظة مهمة:إشارة الشراء الثانية والتي تأتي بعد ظهور إشارة بيع وضعت بناء على شرطين وهما الاغلاق فوق الاعلى لإشارة البيع السابقة والاغلاق فوق مؤشر VWAP تحذير-إشارات الشراء أو البيع ليست إلا إشارات تحذيرية والمستخدم هو المسئول عن تقييم ودراسة هذه الإشارة ----------------------------------------------------------- نفس مميزات النسخة الرابعة مع إصلاح بعض الأخطاء ----------------------------------------------------------
Pine Script® indicator
by almesnedabdulaziz
1
Gold DynamicThis is a custom-made TradingView indicator designed to visualize "sequential price levels" based on a user-defined step value, dynamically centered around the current gold price. It draws horizontal lines at multiples of a chosen step value (e.g., 7) both above and below the current price. Key Features: Dynamic Price Levels: Lines are calculated relative to the live price, providing relevant support/resistance or structural levels for the current market context. Customizable Step Value: Easily adjust the Sequence Step Value (e.g., 7, 10, 14) from the indicator settings to align with your trading theory. Adjustable Line Count: Control the Number of Lines ABOVE Current Price and Number of Lines BELOW Current Price to show as many or as few levels as desired. Extended Lines: Horizontal lines extend indefinitely to both the left (historical data) and right (future projection) for comprehensive visualization. Clear Price Labels: Each line displays its exact price value, positioned at the far right of the chart for quick reference. Customizable Appearance: Modify line color, width, and style (solid, dotted, dashed) to suit your charting preferences. Exact Values: All displayed price labels are rounded to whole numbers for clear, precise visualization without decimal values. This indicator is ideal for traders looking to apply a fixed-step price theory to their gold analysis.
Pine Script® indicator
by pipsmix0
Smart Money Trap SignalSmart Money Trap Signal – Indicator Description The Smart Money Trap Signal is a precision-based trading tool designed to identify areas where institutional traders (smart money) are likely to trap retail traders through false breakouts and liquidity grabs. These traps often occur near key highs and lows, where retail traders are lured into trades just before price reverses sharply. 🔍 Key Features: Liquidity Sweep Detection Identifies false breakouts of recent swing highs or lows, signaling potential liquidity grabs by large players. Reversal Confirmation Confirms the trap using a classic price action reversal pattern (bullish or bearish engulfing), helping filter out weak signals. Optional Volume Spike Filter Allows additional confirmation based on a significant spike in volume, indicating potential institutional involvement. Buy and Sell Trap Signals 🔴 Smart Money Short (SMT↓) – Triggered when price sweeps a high and reverses down. 🟢 Smart Money Long (SMT↑) – Triggered when price sweeps a low and reverses up. Alerts & Labels Real-time alert conditions and on-chart labels to help you catch setups without missing opportunities. 📈 How to Use: Apply on Higher Timeframes (1H, 4H, Daily) for cleaner signals. Look for SMT signals at key supply/demand zones or market structure points. Combine with your existing trading strategy, such as order blocks or break of structure (BoS), for higher accuracy. Use volume filter only if you're analyzing markets where volume data is reliable. ⚠️ Disclaimer: This tool is meant to assist with trade identification, not trade execution. Always use proper risk management and validate setups with your trading plan.
Pine Script® indicator
by richiedino90
Multi Horizontal Lines 1000 Bars This indicator is not my code, I have copied this from another user and extened the lines so they go back 1000 bars for back testing. I use this indicator to trade Crude Oil and set the horizontal lines to 20 cents increments, 0.2 is 20 cents. You can change the horizontal lines to any price distance to suit your style of trading. My idea is when price crosses over a horizontal line I will enter a trade long or short looking to secure 20 cents.
Pine Script® indicator
by Simon20cent
1
Z-scored ZLEMA | OquantZ-Scored ZLEMA | Oquant This indicator combines the Zero-Lag Exponential Moving Average (ZLEMA) with Z-score normalization to present recent ZLEMA values relative to its mean. It helps users observe trend direction and momentum with reduced lag, while also highlighting potential overbought or oversold levels based on how far ZLEMA values deviate from their mean. 🧠 Concept Overview 📉 Zero Lag Exponential Moving Average (ZLEMA) The EMA is a popular tool that calculates an average price, but unlike a simple moving average, it gives more weight to recent prices. This means the EMA reacts faster to new price changes and is less affected by older data. However, even with this weighting, the EMA still introduces some lag. ZLEMA improves on the EMA by reducing this lag. It does this by adjusting how it accounts for previous prices, effectively "shifting" the data to better align the average with current market action. The result is an average that stays smooth but responds more quickly to real price changes—helping traders spot turning points or trend shifts earlier without being fooled by random noise. 📏 Z-score Normalization Once ZLEMA is calculated, the indicator applies Z-score normalization to measure how far the current ZLEMA value is from its mean. The Z-score expresses this difference using standard deviations, providing a clear, standardized scale. This helps highlight when price moves are unusually strong—either upward or downward—beyond normal fluctuations. 🔍 How This Indicator Works Smooth Price Data with ZLEMA The indicator begins by applying the Zero-Lag Exponential Moving Average (ZLEMA) to the chosen price data. Unlike a regular moving average, ZLEMA reduces the typical delay by adjusting the input data before averaging. It does this by "shifting" the price series to remove the lag caused by older prices. This way, ZLEMA stays smooth but reacts more quickly to recent price changes—helping the indicator follow market moves faster without being too noisy. Normalize ZLEMA values Using Z-score Once ZLEMA is calculated, the indicator applies Z-score normalization to measure how far the current ZLEMA value is from its mean. The Z-score expresses this difference in terms of standard deviations, creating a clear, standardized scale. This helps highlight when price moves are unusually strong—either up or down—beyond normal fluctuations. Set Signal Thresholds Two threshold levels are set on the Z-score scale—crossing above the upper threshold is considered a long (buy) signal, indicating bullish momentum, while crossing below the lower threshold is considered a short (sell) signal, indicating bearish momentum. Show Visual Signals on the Chart The Z-score and bars are plotted with colors: green when Z-score is above the bullish threshold, purple when Z-score is below the bearish threshold. ⚙️ Customizable Inputs Source: Choose the price source (close, open, etc.) for calculations. ZLEMA Length: Adjust the ZLEMA length to control smoothness versus responsiveness. Z-score period: Set the Z-score period to define how far back the indicator measures normal price behavior. Thresholds: Adjust the upper and lower thresholds to control how sensitive the indicator is to strong momentum changes. 📈 Practical Use This indicator helps identify trend directions and changes faster by combining ZLEMA with statistical analysis. It highlights when price moves are stronger than normal, making it easier to spot early signs of momentum shifts. Traders can use it to confirm trends or detect potential reversals with more timely signals. 🔔 Alert Support This indicator includes optional built-in alert conditions that notify you when the Z-score crosses above the bullish threshold (long signal) or below the bearish threshold (short signal). You can enable these alerts to get timely updates on potential momentum shifts without constantly watching the chart. ⚠️ Disclaimer: This indicator is intended for educational and informational purposes only. Trading/investing involves risk, and past performance does not guarantee future results. Always test and evaluate indicators/strategies before applying them in live markets. Use at your own risk.
Pine Script® indicator
by oquant