Get started

Bands and Channels

EMA Channel Key K-LinesEMA Channel Setup : Three 32-period EMAs (high, low, close prices) Visually distinct colors (red, blue, green) Gray background between high and low EMAs Key K-line Identification : For buy signals: Close > highest EMA, K-line height ≥ channel height, body ≥ 2/3 of range For sell signals: Close < lowest EMA, K-line height ≥ channel height, body ≥ 2/3 of range Alternating signals only (no consecutive buy/sell signals) Visual Markers : Green "BUY" labels below key buy K-lines Red "SELL" labels above key sell K-lines Clear channel visualization Logic Flow : Tracks last signal direction to prevent consecutive same-type signals Strict conditions ensure only significant breakouts are marked All calculations based on your exact specifications
Pine Script® indicator
by akriafly
1
MÈGAS ALGO : Z_SCORE BASED NORMALIZE GRAPH [INDICATOR]Overview The Z_Score Based Normalize Graph indicator is a cutting-edge trading tool designed to provide traders with a refined and actionable interpretation of market behavior using the statistical power of Z-Scores. By leveraging advanced normalization techniques, customizable parameters, and intelligent divergence detection, this indicator empowers traders to identify overbought and oversold conditions, uncover hidden opportunities, and make informed decisions based on market dynamics. With its intuitive graphical interface, real-time alerts, and flexible customization options, the Z_Score Based Normalize Graph caters to both novice and experienced traders seeking precision and adaptability in their analysis. Whether you're focused on short-term scalping or long-term trend-following strategies, this indicator equips you with the tools needed to navigate dynamic market conditions effectively. Key Features 1.Empowered Graphical Representation The Z_Score Based Normalize Graph transforms traditional Z-Score readings into a visually intuitive chart that highlights key trends and turning points. By normalizing Z-Score values, the indicator reduces noise and provides a clearer view of market dynamics, making it easier to interpret signals at a glance. 2.Customizable Parameters Traders can adjust the normalization factor to align with their preferred trading style and risk tolerance. This feature allows for fine-tuning overbought and oversold thresholds, enabling users to adapt to different asset classes and market conditions effectively. The indicator includes adjustable overbought and oversold zones, which serve as reliable markers for identifying exhaustion points in the market. Traders can use these levels to anticipate reversals or confirm existing trends. 3.Divergence Detection with Selectable Options -Regular Divergence : Identifies potential reversals by detecting mismatches between price action and RSI movement. Bullish divergences signal buying opportunities, while bearish divergences indicate potential selling opportunities. -Hidden Divergence : Uncovers continuation patterns, helping traders identify when a trend is likely to persist. Hidden bullish divergences suggest upward momentum, whereas hidden bearish divergences point to downward pressure. -Selectable Divergence Alerts : Traders have the flexibility to choose which types of divergences they want the indicator to detect and alert them about. This ensures that only relevant signals are highlighted, reducing clutter and enhancing focus on specific trading strategies. Advantages of Rsi Based Normalize Graph Precision : Normalized Z-Score values provide a more accurate depiction of market conditions, reducing false signals and improving trade quality. Flexibility : Customizable normalization factors, divergence detection settings, and alert configurations cater to diverse trading styles and preferences. Insightful Divergence Analysis : Advanced detection of both regular and hidden divergences equips traders with valuable insights into potential reversals and continuations. Ease of Use : A streamlined interface ensures that even novice traders can leverage the full power of the indicator with minimal learning curve. Please Note: This indicator is provided for informational and educational purposes only. It is not financial advice, and it should not be considered a recommendation to buy, sell, or trade any financial instrument. Trading involves significant risks, including the potential loss of your entire investment. Always conduct your own research and consult with a licensed financial advisor before making any trading decisions. The results and images provided are based on algorithms and historical/paid real-time market data but do not guarantee future results or accuracy. Use this tool at your own risk, and understand that past performance is not indicative of future outcomes.
Pine Script® indicator
by MEGAS_ALGO
HTF Support & Resistance Zones📌 English Description: HTF Support & Resistance Zones is a powerful indicator designed to auto-detect key support and resistance levels from higher timeframes (Daily, Weekly, Monthly, Yearly). It displays the number of touches for each level and automatically classifies its strength (Weak – Strong – Very Strong) with full customization options. ✅ Features: Auto-detection of support/resistance from HTFs Strength calculation based on touch count Clean visual display with color, size, and label customization Ideal for scalping and intraday trading 📌 الوصف العربي: مؤشر "HTF Support & Resistance Zones" يساعد المتداولين على تحديد أهم مناطق الدعم والمقاومة المستخرجة تلقائيًا من الفريمات الكبيرة (اليومي، الأسبوعي، الشهري، السنوي). يعرض المؤشر عدد اللمسات لكل مستوى ويقيّم قوته تلقائيًا (ضعيف – قوي – قوي جدًا)، مع خيارات تخصيص كاملة للعرض. ✅ ميزات المؤشر: دعم/مقاومة تلقائية من الفريمات الكبيرة تقييم تلقائي لقوة المستويات بناءً على عدد اللمسات عرض مرئي مرن مع تحكم بالألوان، الحجم، الشكل، والخلفية مناسب للتداولات اليومية والسكالبينج
Pine Script® indicator
by www_osmanmoner
Sigma Expected Movement)Okay, here's a brief description of what the final Pine Script code achieves: Indicator Description: This indicator calculates and plots expected price movement ranges based on the VIX index for daily, weekly, or monthly periods. It uses user-selectable VIX data (Today's Open / Previous Close) and a center price source (Today's Open / Previous Close). Key features include: Up to three customizable deviation levels, based on user-defined percentages of the calculated expected move. Configurable visibility, color, opacity (default 50%), line style, and width (default 1) for each deviation level. Optional filled area boxes between the 1st and 2nd deviation levels (enabled by default), with customizable fill color/opacity. An optional center price line with configurable visibility (disabled by default), color, opacity, style, and width. All drawings appear only within a user-defined time window (e.g., specific market hours). Does not display price labels on the lines. Optional rounding of calculated price levels.
Pine Script® indicator
by aliHamodi
MÈGAS ALGO : RSI BASED NORMALIZE GRAPH [INDICATOR]Overview The Rsi Based Normalize Graph indicator is a cutting-edge trading tool designed to provide traders with a refined and actionable interpretation of the Relative Strength Index (RSI). By leveraging advanced normalization techniques, customizable parameters, and intelligent divergence detection, this indicator empowers traders to identify overbought and oversold conditions, uncover hidden opportunities, and make informed decisions based on market behavior. With its intuitive graphical interface, real-time alerts, and flexible customization options, the Rsi Based Normalize Graph caters to both novice and experienced traders seeking precision and adaptability in their analysis. Whether you're focused on short-term scalping or long-term trend-following strategies, this indicator equips you with the tools needed to navigate dynamic market conditions effectively. Key Features 1.Empowered Graphical Representation The Rsi Based Normalize Graph transforms traditional RSI readings into a visually intuitive chart that highlights key trends and turning points. By normalizing RSI values, the indicator reduces noise and provides a clearer view of market dynamics, making it easier to interpret signals at a glance. 2.Customizable Parameters Traders can adjust the normalization factor to align with their preferred trading style and risk tolerance. This feature allows for fine-tuning overbought and oversold thresholds, enabling users to adapt to different asset classes and market conditions effectively. The indicator includes adjustable overbought and oversold zones, which serve as reliable markers for identifying exhaustion points in the market. Traders can use these levels to anticipate reversals or confirm existing trends. 3.Divergence Detection with Selectable Options -Regular Divergence : Identifies potential reversals by detecting mismatches between price action and RSI movement. Bullish divergences signal buying opportunities, while bearish divergences indicate potential selling opportunities. -Hidden Divergence : Uncovers continuation patterns, helping traders identify when a trend is likely to persist. Hidden bullish divergences suggest upward momentum, whereas hidden bearish divergences point to downward pressure. -Selectable Divergence Alerts : Traders have the flexibility to choose which types of divergences they want the indicator to detect and alert them about. This ensures that only relevant signals are highlighted, reducing clutter and enhancing focus on specific trading strategies. Advantages of Rsi Based Normalize Graph Precision : Normalized RSI values provide a more accurate depiction of market conditions, reducing false signals and improving trade quality. Flexibility : Customizable normalization factors, divergence detection settings, and alert configurations cater to diverse trading styles and preferences. Insightful Divergence Analysis : Advanced detection of both regular and hidden divergences equips traders with valuable insights into potential reversals and continuations. Ease of Use : A streamlined interface ensures that even novice traders can leverage the full power of the indicator with minimal learning curve. Please Note: This indicator is provided for informational and educational purposes only. It is not financial advice, and it should not be considered a recommendation to buy, sell, or trade any financial instrument. Trading involves significant risks, including the potential loss of your entire investment. Always conduct your own research and consult with a licensed financial advisor before making any trading decisions. The results and images provided are based on algorithms and historical/paid real-time market data but do not guarantee future results or accuracy. Use this tool at your own risk, and understand that past performance is not indicative of future outcomes.
Pine Script® indicator
by MEGAS_ALGO
Canales Dinámicos ATR con Congelamiento **Main Features:** 1. **Dual Channel System:** - Red line (upper): Acts as dynamic resistance - Green line (lower): Acts as dynamic support 2. **Smart Behavior:** - When the price breaks out: - The red line freezes at the breakout level - The green line continues to update - When the price breaks out: - The green line freezes at the breakout level - The red line continues to update 3. **Visual Elements:** - Intense color on frozen channels - Price breakout triangles - Background colored according to the prevailing direction 4. **Adjustable Parameters:** - ATR Sensitivity - Reference Period - Volatility Multiplier **How ​​to use the indicator:** 1. Channels adjust automatically in real-time 2. Breakouts generate: - Visual alerts (triangles) - Audible alerts Configurable - Change channel intensity 3. Frozen levels persist until further breakout **Main Advantages:** - Clearly identifies breakout points - Displays relevant support/resistance levels - Adapts its behavior to the market context - Provides clean signals with no delay
Pine Script® indicator
by euryg1246
Low Volume Engulfing CandleVolume Moving Average (volMA): This calculates the simple moving average of the volume over a specified period (default 20). Bullish and Bearish Engulfing Patterns: The script checks for engulfing patterns by comparing the current candle with the previous one. A bullish engulfing occurs when the current candle closes higher than it opens and the previous candle is a bearish candle. A bearish engulfing occurs when the current candle closes lower than it opens and the previous candle is a bullish candle. Low Volume Condition: The volume of the current candle is compared to the moving average volume. If it's below the defined threshold (e.g., 80% of the moving average), it’s considered "low volume." Plotting: When a low-volume bullish or bearish engulfing pattern is detected, a marker is plotted on the chart.
Pine Script® indicator
by bricksonpk
Enhanced RSI, VWAP, Pivot Points,BB, Supertrend & SAREnhanced Adaptive RSI with VWAP, Pivots, Bollinger Bands, Supertrend & SAR This comprehensive trading indicator offers a multi-faceted approach to market analysis, combining multiple adaptive and traditional technical indicators to enhance decision-making. It is ideal for traders looking to gain insights into price momentum, support and resistance levels, and potential trend reversals. Key Features and Benefits Adaptive RSI (ARSI) Tracks market momentum using an adaptive Relative Strength Index, which responds to changing market conditions. Smoothed with a Simple Moving Average for better clarity. Provides buy and sell signals with clear visual markers. VWAP (Volume Weighted Average Price) Displays Daily, Weekly, Monthly, and Approximate Quarterly VWAP levels. Useful for identifying fair market value and institutional activity. Pivot Points with Camarilla S3 and R3 Calculates dynamic support and resistance levels. Helps traders set effective entry and exit points. Adaptive Bollinger Bands Adjusts dynamically to market volatility. Helps traders identify overbought and oversold conditions. Adaptive Supertrend Generates trend-following signals based on volatility-adjusted values. Provides clear buy and sell markers with color-coded trend identification. Adaptive Parabolic SAR Assists in trailing stop-loss placement and identifying trend reversals. Particularly useful in trending markets. How to Use Trend Identification: Follow the Supertrend and SAR for clear directional bias. Support and Resistance: Use Pivot Points and VWAP levels to gauge market sentiment. Volatility Management: Monitor Bollinger Bands for breakout or reversal opportunities. Momentum Analysis: Track ARSI movements for early signals of trend continuation or reversal. This indicator is a powerful all-in-one solution for day traders, swing traders, and even longer-term investors who want to optimize their trading strategy.
Pine Script® indicator
by soansnoble
RGGR Pattern with Breakout Marking//@version=5 indicator("RGGR Pattern with Breakout Marking", overlay=true) // Define color constants for Red and Green candles redColor = color.red greenColor = color.green // Look for RGGR pattern (Red-Green-Green-Red) findRGGRPattern() => // Check if the pattern is Red-Green-Green-Red close < open and close > open and close > open and close < open // Find the RGGR pattern on the chart patternFound = findRGGRPattern() // Store the high and low of the RGGR pattern var float rggrHigh = na var float rggrLow = na // If RGGR pattern is found, update the high and low if patternFound rggrHigh := math.max(high , math.max(high , high )) rggrLow := math.min(low , math.min(low , low )) // Plot the high and low of the RGGR pattern plot(rggrHigh, color=color.green, linewidth=2, title="RGGR High", style=plot.style_line) plot(rggrLow, color=color.red, linewidth=2, title="RGGR Low", style=plot.style_line) // Check for breakout condition breakoutCondition = (high > rggrHigh or low < rggrLow) and patternFound and (close > rggrHigh or close < rggrLow) // Mark the breakout candle bgcolor(breakoutCondition ? color.new(color.blue, 90) : na, title="Breakout Candle Background") // Plot breakout marker plotshape(breakoutCondition, style=shape.triangledown, location=location.abovebar, color=color.blue, size=size.small, title="Breakout Candle") // Alerts alertcondition(breakoutCondition, title="Breakout Alert", message="Breakout candle detected!")
Pine Script® indicator
by satyajit111
Four MAs with Bands Pack by Rising Falcon# **Four MAs with Bands Pack by Rising Falcon** ## **Overview** The **Four MAs with Bands Pack** is a dynamic multi-moving average indicator designed to enhance trend identification, momentum analysis, and volatility assessment. It allows traders to configure and visualize up to four different moving averages (MAs) with an optional **higher timeframe Hull MA (HMA)** for advanced trend confirmation. The indicator also incorporates **band structures** around each MA, providing additional insights into price volatility, breakout zones, and trend strength. --- ## **Fundamental Aspects** Moving Averages (MAs) are a foundational tool in technical analysis, widely used to **smooth out price fluctuations** and identify directional bias over time. This indicator leverages four MAs of varying lengths to **capture different time horizons** of market trends, making it useful for: - **Short-Term Analysis (Scalping):** Fast MAs (e.g., 20, 50) respond quickly to price action, allowing traders to catch early trend shifts. - **Mid-Term Analysis (Swing Trading):** Medium-length MAs (e.g., 100) help validate trend continuation. - **Long-Term Analysis (Position Trading):** Slow MAs (e.g., 200) provide macro trend direction and filter noise from short-term fluctuations. By **color-coding** the MAs based on trend direction and incorporating a **band system**, the indicator helps traders identify price momentum shifts, consolidation zones, and potential breakout opportunities. --- ## **Technical Aspects** ### **1. Configurable Moving Averages** Each of the four MAs can be customized using three calculation methods: - **SMA (Simple Moving Average):** A traditional average of past prices, best for stable trend confirmation. - **EMA (Exponential Moving Average):** Gives more weight to recent price action, making it more reactive to new trends. - **WMA (Weighted Moving Average):** Assigns greater importance to more recent data, reducing lag while maintaining smoothness. #### **Formulae:** 1. **SMA:** \ 2. **EMA:** \ where \( k = \frac{2}{N+1} \) 3. **WMA:** \ where \( W_i \) is the weight assigned to each period. Each moving average has an optional **higher timeframe setting**, allowing traders to plot an MA from a larger timeframe on their current chart for **multi-timeframe analysis (MTA)**. This is useful for confirming trends and filtering noise from lower timeframes. --- ### **2. Dynamic Bands & Volatility Visualization** Each moving average has an associated band, defined by: - **Upper Band:** The MA value at the current bar. - **Lower Band:** The MA value from two bars ago (**lagging component** for trend assessment). - **Color Coding:** - **Green:** Uptrend (price above the moving average). - **Red:** Downtrend (price below the moving average). - **Orange:** Neutral (no strong trend bias). The band thickness and transparency are customizable, helping traders **visually assess market conditions**: - **Expanding Bands:** Increased price volatility (potential breakout). - **Contracting Bands:** Reduced volatility (possible consolidation). Mathematically, the **band region is defined by**: \ This concept is similar to **Keltner Channels** or **Bollinger Bands**, but instead of standard deviations, it uses historical MA differences to capture trend momentum. --- ### **3. Trend Alerts & Crossover Signals** To assist traders in making timely decisions, the indicator generates alerts when **fast MAs cross slow MAs**: - **Bullish Crossover (Uptrend Confirmation):** \ - **Bearish Crossover (Downtrend Confirmation):** \ - These alerts can be used to set up **automated notifications** for trade entries/exits. --- ## **How to Use This Indicator** ### **Scalping Strategy** 1. Use **shorter length MAs (20, 50)** with **higher timeframe Hull MA** enabled. 2. Look for **bullish crossovers** of fast MAs over slow MAs. 3. Ensure the band is **expanding** before entering a trade. 4. Exit when the opposite crossover occurs or when bands **contract**. ### **Swing Trading Strategy** 1. Use a combination of **medium and long MAs (50, 100, 200)** for trend confirmation. 2. Look for **price pullbacks** into the bands before **trend continuation**. 3. Set alerts for **crossovers** to validate trend direction. ### **Trend Reversal Strategy** 1. Look for **bearish crossovers** near resistance levels for short trades. 2. Wait for **bullish crossovers** at support levels for long trades. 3. Confirm with **higher timeframe MA direction** to reduce false signals. --- ## **Key Benefits** ✅ **Versatile:** Works for scalping, swing trading, and trend following. ✅ **Multi-Timeframe Support:** View higher timeframe MAs for broader trend validation. ✅ **Customizable:** Adjust MA type, length, color coding, and band visibility. ✅ **Alerts:** Automatic notifications for trend shifts and crossovers. ✅ **Clear Visualization:** Helps traders identify breakout zones, volatility spikes, and reversals. --- ## **Final Thoughts** The **Four MAs with Bands Pack by Rising Falcon** is an advanced yet intuitive tool for traders looking to enhance their trend-following strategies. By combining **multiple moving averages, band structures, and trend color coding**, it provides a comprehensive view of price action, helping traders make **informed trading decisions** with greater confidence.
Pine Script® indicator
by obsessedRock41011
Ahmed Mo3Ty - Bollinger Bands 1Buy: Enter long when price closes above upper Bollinger Band (plot green arrow) Close long when price closes below lower Bollinger Band Sell: Enter short when price closes below lower Bollinger Band (plot red arrow) Close short when price closes above upper Bollinger Band Important: For successful investment in the financial markets, I advise you to use the following combination and not rely solely on technical analysis tools (experience + risk management plan + psychological control + combining technical analysis with fundamental analysis). Risk Warning: This indicator is not a buy or sell recommendation. Rather, it is for educational purposes and should be combined with the previous combination. Any buy or sell order is yours alone, and you are responsible for it.
Pine Script® indicator
by Ahmed_Moaty