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Dskyz (DAFE) Aurora Divergence - Dskyz (DAFE) Aurora Divergence Indicator Advanced Divergence Detection for Traders. Unleash the power of divergence trading with this cutting-edge indicator that combines price and volume analysis to spot high-probability reversal signals. 🧠 What Is It? The Dskyz (DAFE) Aurora Divergence Indicator is designed to identify bullish and bearish divergences between the price trend and the On Balance Volume (OBV) trend. Divergence occurs when the price of an asset and a technical indicator (in this case, OBV) move in opposite directions, signaling a potential reversal. This indicator uses linear regression slopes to calculate the trends of both price and OBV over a specified lookback period, detecting when these two metrics are diverging. When a divergence is detected, it highlights potential reversal points with visually striking aurora bands, orbs, and labels, making it easy for traders to spot key signals. ⚙️ Inputs & How to Use Them The indicator is highly customizable, with inputs grouped under "⚡ DAFE Aurora Settings" for clarity. Here’s how each input works: Lookback Period: Determines how many bars are used to calculate the price and OBV slopes. Higher values detect longer-term trends (e.g., 20 for 1H charts), while lower values are more responsive to short-term movements. Price Slope Threshold: Sets the minimum slope value for the price to be considered in an uptrend or downtrend. A value of 0 allows all slopes to be considered, while higher values filter for stronger trends. OBV Slope Threshold: Similar to the price slope threshold but for OBV. Helps filter out weak volume trends. Aurora Band Width: Adjusts the width of the visual bands that highlight divergence areas. Wider bands make the indicator more visible but may clutter the chart. Divergence Sensitivity: Scales the strength of the divergence signals. Higher values make the indicator more sensitive to smaller divergences. Minimum Strength: Filters out weak signals by only showing divergences above this strength level. A default of 0.3 is recommended for beginners. Signal Cooldown (Bars): Prevents multiple signals from appearing too close together. Default is 5 bars, reducing chart clutter and helping traders focus on significant signals. These inputs allow traders to fine-tune the indicator to match their trading style and timeframe. 🚀 What Makes It Unique? This indicator stands out with its innovative features: Price-Volume Divergence: Combines price trend (slope) and OBV trend for more reliable signals than price-only divergences. Aurora Bands: Dynamic visual bands that highlight divergence zones, making it easier to spot potential reversals at a glance. Interactive Dashboard: Displays real-time information on trend direction, volume flow, signal type, strength, and recommended actions (e.g., "Consider Buying" or "Consider Selling"). Signal Cooldown: Ensures only the most significant divergences are shown, reducing noise and improving usability. Alerts: Built-in alerts for both bullish and bearish divergences, allowing traders to stay informed even when not actively monitoring the chart. Beginner Guide: Explains the indicator’s visuals (e.g., aqua orbs for bullish signals, fuchsia orbs for bearish signals), making it accessible for new users. 🎯 Why It Works The indicator’s effectiveness lies in its use of price-volume divergence, a well-established concept in technical analysis. When the price trend and OBV trend diverge, it often signals a potential reversal because the underlying volume support (or lack thereof) is not aligning with the price action. For example: Bullish Divergence: Occurs when the price is making lower lows, but the OBV is making higher lows, indicating weakening selling pressure and potential upward reversal. Bearish Divergence: Occurs when the price is making higher highs, but the OBV is making lower highs, suggesting weakening buying pressure and potential downward reversal. The use of linear regression ensures smooth and accurate trend calculations over the specified lookback period. The divergence strength is then normalized and filtered based on user-defined thresholds, ensuring only high-quality signals are displayed. Additionally, the cooldown period prevents signal overload, allowing traders to focus on the most significant opportunities. 🧬 Indicator Recommendation Best For: Traders looking to identify potential trend reversals in any market, especially those where volume data is reliable (e.g., stocks, futures, forex). Timeframes: Suitable for all timeframes. Adjust the lookback period accordingly—smaller values for shorter timeframes (e.g., 1H), larger for longer ones (e.g., 4H or daily). Pair With: Support and resistance levels, trend lines, other oscillators (e.g., RSI, MACD) for confirmation, and volume profile tools for deeper analysis. Tips: Look for divergences at key support/resistance levels for higher-probability setups. Pay attention to signal strength; higher strength divergences are often more reliable. Use the dashboard to quickly assess market conditions before entering a trade. Set up alerts to catch divergences even when not actively watching the chart. 🧾 Credit & Acknowledgement This indicator builds upon the classic concept of price-volume divergence, enhancing it with modern visualization techniques, advanced filtering, and user-friendly features. It is designed to provide traders with a powerful yet intuitive tool for spotting reversals. 📌 Final Thoughts The Dskyz (DAFE) Aurora Divergence Indicator is more than just a divergence tool; it’s a comprehensive trading assistant that combines advanced calculations, intuitive visualizations, and actionable insights. Whether you’re a seasoned trader or just starting out, this indicator can help you spot high-probability reversal points with confidence. Use it with discipline. Use it with clarity. Trade smarter. **I will continue to release incredible strategies and indicators until I turn this into a brand or until someone offers me a contract. -Dskyz
Pine Script® indicator
by DskyzInvestments
SIMON VWAP + EMA 200📈 SIMON VWAP + EMA 200 Take control of the trend with this powerful dual-confluence indicator. 🔹 Dynamic VWAP and smart EMA 200 automatically change color based on price action: ✅ Green/Purple when the market is bullish 🔴 Red/Orange when the market is bearish Perfect for spotting trend shifts, confirming entries, and staying away from counter-trend traps. 🎯 Built for traders who demand visual clarity and precision. Crafted by Simón Groove. 🚀 Works on all timeframes. 💡 Ready to trade with an edge?
Pine Script® indicator
by simongroovedj
🐍 Mongoose Macro Rotation Tracker🧵 Thread: How to Use the Mongoose Macro Rotation Tracker 1️⃣ What is it? A real-time script that tracks capital rotation across the 3 major U.S. indices: QQQ (NASDAQ – growth, tech) SPY (S&P 500 – broad market) DIA (Dow – value, industrials) It also compares key sectors: XLK vs XLF (Tech vs Financials) XLF vs XLI (Financials vs Industrials) XLK vs XLI (Tech vs Industrials) 2️⃣ How does it work? It calculates the daily change in 6 ratios, then scores them: +1 if capital is rotating into risk -1 if capital is rotating out of risk The total score ranges from -6 (full risk-off) to +6 (full risk-on). 3️⃣ What do the labels mean? 🔴 Risk-Off: Into DIA (Score -6) → Defensive, value names favored 🟢 Risk-On: Inflow to QQQ (Score +6) → Growth, tech, speculation back on 🟠 Mixed Rotation → No clear macro consensus (chop zone) These are painted directly on your chart with color-coded boxes. 4️⃣ How do I use it? Confirm macro shifts BEFORE they show in price Time entries in SPX, QQQ, BTC, or risk assets with confidence Watch for rotation score flips at key technical levels Bonus tip: Use with Mongoose FX Sentiment Dashboard for a full macro sweep 🧠 5️⃣ Why it matters: Money always moves before narratives change. This tracker helps you see the where, when, and why — before the rest of the crowd. 💻 Published here on TradingView under: "🐍 Mongoose Macro Rotation Tracker v1.0" Built for clarity. Clean. Savage. Signal.
Pine Script® indicator
by TheRealMongoose
🐍 Mongoose Recession Radar Pro v1.6 — Dark Mode + Scorecards🐍 Mongoose Recession Radar Pro v1.6 — Scorecard Edition | Dark Mode This tool visualizes recession risk conditions across five key macroeconomic indicators. Designed for dark theme users and optimized for visual clarity, it includes background shading and floating score labels. 📊 Key Features: Composite Recession Score (0–5) based on macro signals Floating Labels show score every 20 bars Background shading when risk score ≥ 3 Alert condition for score threshold Minimalist overlay style for dark charts ⚙️ Logic Overview (5 Macroeconomic Inputs): XLY/XLP Ratio — Consumer Discretionary vs. Staples KRE — Regional bank weakness (>20% off highs) XRT — Retail sector relative drop HYG — Below long-term moving average 10Y–2Y Yield Curve — Inversion duration > threshold Each condition contributes 1 point. The alert triggers at a total score of 3 or more. 🔔 Alerts: Use ⚠️ Recession Alert Triggered to monitor for macro regime changes. 🧠 Best Used On: Daily or Weekly timeframes Pair with SPX, BTC, or QQQ for broader context This is a visual tool and does not provide financial advice. Always combine macro signals with broader technical and fundamental analysis. 🧭 How to Use the Legend Panel This floating panel summarizes key macro data points used in the Recession Radar scoring system. It gives you a real-time pulse on risk sentiment without needing to analyze the raw chart. 🔍 Breakdown of Each Line: Label Color Meaning 🟪 XLY/XLP Purple Consumer confidence ratio — risk-on vs. defensives 🔴 KRE Red Regional bank index — credit stress monitor 🟨 XRT Yellow Retail sector strength — consumer discretionary 🔵 IYT Blue Transportation sector — demand signal 🟠 HYG Orange High-yield credit ETF — junk bond risk appetite 🔻 10Y–2Y Spread Green/Red Yield curve slope — macro stress if < 0 🟢 What to Watch For: XLY/XLP < 1 → Consumer pulling back = Bearish KRE or XRT significantly below peak → Liquidity stress HYG drops below 200 MA → Credit market cooling 10Y–2Y turns negative → Yield curve inversion (classic signal) Each of these is a component of the recession score, helping you understand why the score is rising — not just that it is. 🧠 Pro Tip: Use the legend like a macro cockpit: All green/neutral? → All clear ✈️ Multiple red flags? → Shift to defensive sectors or consider hedging 🛡️ Sharp shifts week-over-week? → Big macro repositioning likely in play
Pine Script® indicator
by TheRealMongoose
🐍 Mongoose Fed Sentiment Dashboard🐍 Mongoose Fed Sentiment Dashboard v1.0 📝 Description (TV-Ready): A macro sentiment scoring tool based on price behavior across 10 Fed-sensitive assets, including: Bonds (TLT, TIP, SHY, IEF) Credit & risk (HYG, SPY, XLF, XHB) Commodities (GOLD) U.S. Dollar (DXY) Treasury yields (US02Y, US10Y) 🧮 The model assigns: +1 for dovish/risk-on behavior -1 for hawkish/risk-off signals 📈 Score range: +6 to +10 = Dovish / Risk-On 🟢 -5 to +5 = Neutral / Mixed 🟠 -6 to -10 = Hawkish / Risk-Off 🔴 Also includes a 5-day SMA for trend clarity. This is a macro overlay dashboard, built to simplify central bank watching and rate cycle sentiment. 🔍 For educational and analytical purposes only.
Pine Script® indicator
by TheRealMongoose
Pocket Option SMA StrategyOn a real market, this strategy can be moderately profitable for short-term binary options trades on Pocket Option, especially when combined with good risk management and proper trading sessions (like low-volatility periods). However, because this script relies solely on moving averages, it may lag during sharp market reversals or sideways movement, leading to late entries or false signals. It’s not ideal as a standalone system for high-frequency trading or volatile market conditions but can be a profitable confirmation tool when paired with additional indicators like RSI, Supertrend, or support/resistance analysis. Its performance will heavily depend on discipline, session timing, and avoiding overtrading—particularly on 1M or 2M real-time frames.
Pine Script® indicator
by GLOBALFXTRADING101
StrategyRSI EMA WMA Entry Conditions – Multi-Timeframe (by AiViet)" This indicator helps identify entry signals based on RSI, EMA9, and WMA45. It uses the H1 RSI for directional bias, checks confirmation on the M15 timeframe, and gives final entry conditions on the M5 chart. Ideal for scalping with a trend-following strategy. No direct Buy/Sell signals are shown. Personally, I find it works quite well with the M5 and H1 timeframes. Created by AiViet. t.me/eddytradesfx
Pine Script® indicator
by traderminhlavu
Swing Trade – ADR / % Change / LoD / RS / Sector / Mcap / 52W 📊 A clean, toggle-friendly info panel built for swing traders. This indicator displays key technical metrics in a compact table overlay, helping you stay focused on price context and relative strength without clutter. 🧩 Metrics Included: • ADR% – Average Daily Range % (custom length) • % Change – from previous day’s close (green/red color-coded) • LoD Dist. – % distance from today’s Low • Off 52W High – % below 52-week high • Above 52W Low – % above 52-week low • RS Rating – Relative strength vs NIFTY 50 (weighted 3m/6m/12m) • Sector – Displays stock’s sector • Market Cap – Auto-formatted with B/M/K units ⚙️ Features: • Full toggle control per metric • Custom table size, alignment, and colors • Clean table layout with optional empty row • Built on daily and weekly data – reliable for swing setups 🎯 Use this to evaluate: • Strength from intraday lows • Momentum continuation (% Chg + RS) • Volatility contraction/expansion (ADR%) • Distance from key long-term levels (52W range) • Sectoral filtering for top-down analysis Created by: **@learningvitals** License: Mozilla Public License 2.0 🔒 Pine v6 | No repaint | Lightweight | Chart overlay ready
Pine Script® indicator
by learningvitals
EMA 9|48|180Triple EMA 9|48|180 Here's a brief overview of how these EMAs can work together: EMA 9 : This is a shorter-term moving average that reacts quickly to price changes. It can be used to identify short-term trends and potential entry points. EMA 48 : This intermediate-term moving average can help smooth out the price action and provide insight into medium-term trends. EMA 180 : This longer-term moving average provides a view of the overall trend. It reacts slowly to price changes and can help to identify the broad direction of the market. How to Use Them Together: Crossover Strategy: Traders often look for crossovers between these EMAs to signal potential buy or sell opportunities. For example, a bullish signal occurs when the EMA 9 crosses above the EMA 48, and a bearish signal occurs when it crosses below. Trend Confirmation: You can use the EMA 180 as a trend filter. For instance, you might only take long trades when the price is above the EMA 180 and only take short trades when it's below. Advantages: Trend Following: This strategy can help traders follow established trends and capitalize on them. Flexibility: The EMAs can be adapted for different time frames and assets. Disadvantages: Lagging Indicator: EMAs are lagging indicators, meaning they respond to price changes rather than predict them, which can sometimes result in delayed signals. Whipsaws: In a ranging or choppy market, EMAs can generate false signals, leading to potential losses. Conclusion: Whether or not EMA 9, 48, and 180 form a "good" strategy largely depends on your trading style (day trading, swing trading, etc.), risk tolerance, and how well you're able to manage trades. Backtesting the strategy against historical data, along with a solid risk management plan, is crucial in determining its effectiveness for your specific trading goals. Additionally, combining EMA signals with other indicators or analysis techniques (like support and resistance, volume analysis, or candlestick patterns) can improve the robustness of your strategy.
Pine Script® indicator
by constantin_cechina
Moving average with different timeThis script allowing you to plot up to 6 different types of moving averages (MAs) on the chart, each with customizable parameters such as type, length, source, color, and timeframe. It also allows you to set different timeframes for each moving average. Key Features: Multiple Moving Averages: You can add up to 6 different moving averages to your chart. Each MA can be one of the following types: SMA, EMA, SMMA (RMA), WMA, or VWMA. Custom Timeframes: Each moving average can be applied to a specific timeframe, giving you flexibility to compare different periods (e.g., a 50-period moving average on the 1-hour chart and a 200-period moving average on the 4-hour chart). Customizable Inputs: Type: Choose between SMA, EMA, SMMA, WMA, or VWMA for each MA. Source: You can select the price data source (e.g., close, open, high, low). Length: Set the number of periods (length) for each moving average. Color: Each moving average can be assigned a specific color. Timeframe: Customize the timeframe for each moving average individually (e.g., MA1 on 15-minute, MA2 on 1-hour). User Interface: The script includes a data window display for each moving average, allowing you to control whether to show each MA and configure its settings directly from the settings menu. Flexible Use: Toggle individual moving averages on and off with the show checkbox for each MA. Customize each MA's parameters without affecting others. Parameters: MA Type: You can choose between different moving averages (SMA, EMA, etc.). Source: Price data used for calculating the moving average (e.g., close, open, etc.). Length: Defines the period (number of bars) for each moving average. Color: Change the line color for each moving average for better visualization. Timeframe: Set a different timeframe for each moving average (e.g., 1-day MA vs. 1-week MA). Example Use Case: You might use this indicator to track short-term, medium-term, and long-term trends by adding multiple MAs with different lengths and timeframes. For example: MA1 (20-period) might be an SMA on a 1-hour chart. MA2 (50-period) might be an EMA on a 4-hour chart. MA3 (100-period) might be a WMA on a daily chart. This setup allows you to visually track the market's behavior across different timeframes and better identify trends, crossovers, and other patterns. How to Customize: Show/Hide MAs: Enable or disable each moving average from the input menu. Modify Parameters: Change the MA type, source, length, and color for each individual moving average. Timeframes: Set different timeframes for each moving average for more detailed analysis. With this Moving Average Ribbon, you get a versatile and visually rich tool to aid in technical analysis.
Pine Script® indicator
by vaibhavmote10
Change % - NQ / ES / YM Funded Futures Risk Manager – NQ / ES / YM 🎯 Purpose This tool is designed for funded futures traders who need to comply with daily risk rules from Topstep, Apex, and similar programs. It tracks the real-time daily % price change in major U.S. equity index futures: Nasdaq (NQ), S&P 500 (ES), and Dow Jones (YM). ⚠️ Why It Matters Most funded trading programs prohibit trading when the market is within 2% of CME’s daily price limits. This script provides a clear, real-time visual warning to help avoid account violations or disqualification. 🧠 What It Does Detects the instrument (NQ1!, ES1!, YM1!, and front-month contracts like NQM2025) Calculates % change from the daily open Simulates CME’s ±7% daily limit bands Displays a floating panel with current change in % Shows a warning if price is within the restricted last 2% Optionally triggers a visual or sound alert 🔍 Why It’s Different This is not a predictive or technical analysis tool. It’s a real-time compliance assistant designed to protect your funded account during volatile sessions. No complex logic, just clear visual safety for serious traders. 🧭 How To Use It Add the script to your chart Use it on NQ1!, ES1!, or YM1! (or M2025 contracts) The panel shows live price change % from today’s open When price enters the last 2% of CME’s limit, a warning appears Avoid entering trades during these times to stay compliant 🖼️ Recommended Chart Setup ✔️ Only this script applied ✔️ Show ticker, timeframe, and the floating panel ✔️ Clean background (no extra drawings or indicators) ✔️ Use on a volatile day for better demonstration (e.g. -2% day) ✅ Fully compliant with TradingView’s script publishing rules. ✅ Focused on risk awareness and rule enforcement. ✅ Supports real-world funded traders.
Pine Script® indicator
by JuanmaProfessionalTrader
[blackcat] L2 Ehlers Autocorrelation Indicator V2OVERVIEW The Ehlers Autocorrelation Indicator is a technical analysis tool developed by John F. Ehlers that measures the correlation between price data and its lagged versions to identify potential market cycles and reversals. BACKGROUND Originally introduced in Ehlers' "Cycle Analytics for Traders" (2013), this indicator leverages autocorrelation principles to detect patterns in market data that deviate from random noise or perfect sine waves. FEATURES • Calculates Pearson correlation coefficients for lags from 0 to 60 bars • Visualizes correlations using colored bars ranging from red (negative correlation) to yellow (positive correlation) • Provides minimum averaging option through AvgLength input parameter • Displays sharp reversal signals at price turning points • Shows variations in bar thickness and count over time HOW TO USE Add the indicator to your chart Adjust the AvgLength input as needed: • Set to 0 for no averaging • Increase value for smoother results Interpret the colored bars: • Red: Negative correlation • Yellow: Positive correlation • Sharp transitions indicate potential reversal points LIMITATIONS • Requires sufficient historical data for accurate calculations • Performance may vary across different market conditions • Results depend on proper parameter settings NOTES • The indicator uses highpass filtering and super smoother filtering techniques • Color intensity varies based on correlation strength • Multiple lag periods are displayed simultaneously for comprehensive analysis THANKS This implementation is based on Ehlers' original work and has been adapted for TradingView's Pine Script platform.
Pine Script® indicator
by blackcat1402
AI Enhanced Forex Signal - SMA + MACD + ATRAI Enhanced Forex Signal Strategy This trading strategy is designed to help you spot **high-quality buy and sell opportunities** in the Forex market. It combines three important tools to confirm trades: **moving averages**, MACD**, and **ATR (volatility). How It Works** 1. **Moving Averages for Trend Direction** The strategy uses two simple moving averages: - A **short-term average (7-period)** to track recent price movement. - A **long-term average (20-period)** to see the overall trend. - A **buy signal** appears when the short-term average crosses **above** the long-term average (suggesting an uptrend is starting). - A **sell signal** appears when the short-term average crosses **below** the long-term average (suggesting a downtrend is starting). 2. **MACD for Momentum** MACD helps confirm the strength of the move: - A **buy** is only valid if the MACD shows **positive momentum** (i.e., MACD histogram is above 0). - A **sell** is only valid if MACD shows **negative momentum** (i.e., MACD histogram is below 0). 3. **ATR for Volatility Check** Not all moves are worth trading—some are too weak or slow. That’s why we check volatility: - The trade will only trigger if the **current market volatility (ATR)** is **above average**. - This helps avoid trades during flat, choppy, or quiet market conditions. 📊 **What You See on the Chart** - Two colored lines: - **Green line** = short-term average - **Red line** = long-term average - Green **"BUY"** or red **"SELL"** labels will show up when the conditions are right. - Optional debug panel to show MACD and ATR lines if you want to see how things are working under the hood. 🔔 **Alerts** You’ll get a pop-up or message whenever a valid buy or sell signal appears, so you don’t have to stare at the chart all day. ✅ **In Short** This strategy helps you: - **Trade with the trend** using moving averages. - **Confirm momentum** with MACD. - **Avoid false signals** by filtering out low-volatility conditions with ATR. It’s smart, clean, and filters out a lot of the noise. Want to make it smarter by adding AI prediction or news filtering?
Pine Script® indicator
by GLOBALFXTRADING101
Smart Money Visual Suite [ALFANAR_Q8]📈 Smart Money Visual Suite 🔒 Read-only visual indicator – no entry/exit signals, purely for Smart Money concept analysis. Features: 🔄 CHoCH and BOS for market structure shifts 🎯 Inducement and Sweeps to highlight liquidity targets 🔁 Zigzag to clarify price action waves 💡 RSI Divergence to detect potential reversals 🟩 Demand Zones (green) & 🟥 Supply Zones (red), designed for dark theme charts 🧠 Built on Smart Money principles – perfect for traders seeking clean visual structure and liquidity analysis. 🚫 No buy/sell signals – this tool is for visual market structure interpretation only.
Pine Script® indicator
by HamidAlfanar