Get started

Breadth Indicators

McClellan Oscillator - IRUS Optimized🧠 McClellan Oscillator (IRUS Index) Type: Market Breadth Indicator Category: Breadth, Momentum Purpose: Gauge the internal strength of the IRUS index and anticipate trend reversals 📌 Based on This indicator is built on the concept of advancing vs. declining issues — the number of stocks rising vs. falling each day within the IRUS index (a custom group of 40 Russian stocks). It calculates the net advances (advancers minus decliners), then applies two exponential moving averages (EMA): java Copy Edit McClellan Oscillator = EMA_19(Net Advances) - EMA_39(Net Advances) Where: Net Advances = Number of advancing stocks - Number of declining stocks Calculated from a fixed set of 40 IRUS stocks 🧭 What it shows Above 0 → more stocks are rising: market is internally strong. Below 0 → more stocks are falling: underlying weakness. Rising from below -100 → oversold breadth, possible bullish reversal. Falling from above +100 → overbought breadth, possible correction. 🎯 How to use it 1. Buy/Sell Signals Buy: Oscillator drops below -100 and turns up → oversold, potential rally. Sell: Oscillator rises above +100 and turns down → overbought, risk of pullback. 2. Trend Strength Confirmation Sustained above 0 → confirms bullish trend. Crosses below 0 → early warning of weakening market breadth. 3. Divergences with IRUS Price IRUS rises, but Oscillator falls → narrowing leadership, bearish divergence. IRUS falls, but Oscillator rises → improving breadth, bullish divergence. ⚠️ Notes The oscillator measures participation, not price. Works best with daily timeframe. Does not account for volume or magnitude of price moves. Use with price action or other indicators for confirmation. ⚙️ Custom Implementation This version is specifically adapted for the IRUS index, using a fixed list of 40 component stocks. Optimized for Pine Script v6 and complies with TradingView's request limits (max 40).
Pine Script® indicator
by Quang47
IRUS: % акций выше SMA 50 / 100 / 200📊 Indicator Name: IRUS Breadth: % of Stocks Above MA 50/100/200 (EMA/SMA) 🧾 Description: This custom market breadth indicator calculates the percentage of Russian stocks from the IRUS group that are trading above selected moving averages — either EMA or SMA — with customizable periods (default: 50, 100, 200). It helps assess the internal strength or weakness of the Russian stock market, especially during trend phases or potential turning points. 📦 Universe: Tracked Tickers (IRUS Stocks): This indicator includes 36 key liquid stocks listed on the Moscow Exchange (MOEX): r Copy Edit AFLT, ALRS, BSPB, CBOM, CHMF, ENPG, FLOT, GAZP, GMKN, IRAO, LKOH, MAGN, MOEX, MSNG, MTSS, NLMK, NVTK, PHOR, PIKK, PLZL, RENI, ROSN, RTKM, RUAL, SBER, SBERP, SNGS, SVCB, T, TATN, TATNP, TRNFP, VKCO, VTBR, YDEX ⚙️ How it works: You can select EMA or SMA as the type of moving average. The indicator computes the percentage of stocks trading above MA 50, MA 100, and/or MA 200. These percentages are plotted as separate lines on the chart. It allows you to visualize broad participation (or lack thereof) in a market trend. 📈 How to interpret: ✅ Trend filter >50% above MA 200 → Long-term bullish bias <50% above MA 200 → Weak internals, possible bearish environment 🔁 Trend confirmation or divergence Index rising + % above MA rising → Strong, confirmed trend Index rising + % above MA falling → Bearish divergence 🔽 Oversold signals <10% above MA 200 → Extreme pessimism, possible market bottom 🔼 Overbought signals >90% above MA 50 → Market may be overheated, watch for pullbacks 🎯 Use cases: Confirm strength behind an index move (e.g., IMOEX or individual sectors) Spot internal divergences before reversals Measure market participation after corrections Identify low-risk accumulation zones in corrections 🧠 Pro tips: Works best on daily timeframe Overlay it with MOEX index for deeper insight Can be used as a market regime filter for trading systems
Pine Script® indicator
by Quang47
MOEX Sectors: % Above MA 50/100/200 (EMA/SMA)🧠 Name: MOEX Sectors: % Above MA 50/100/200 (EMA/SMA) 📋 Description (for TradingView “Description” tab): This indicator shows the percentage of Moscow Exchange sectoral indices trading above the selected moving average (SMA or EMA) with periods of 50, 100, or 200. It uses 10 official MOEX sector indices: MOEXOG (Oil & Gas) MOEXCH (Chemicals) MOEXMM (Metals & Mining) MOEXTN (Transport) MOEXCN (Consumer) MOEXFN (Financials) MOEXTL (Telecom) MOEXEU (Utilities) MOEXIT (IT) MOEXRE (Real Estate) The indicator plots up to 3 lines representing the % of sectors trading above MA 50, 100, and/or 200. The MA type is user-selectable: EMA (default) or SMA. Horizontal reference levels (90, 50, 10) help interpret market conditions: 🔼 >90% — Overbought zone, potential market exhaustion ⚖️ ~50% — Neutral state 🔽 <10% — Oversold zone, possible rebound 📈 How to Use in Strategy: ✅ 1. Trend Filter If >50% of sectors are above MA 200 → market in long-term uptrend If <50% → avoid long bias, bearish regime likely ✅ 2. Bottom Detection When <10% of sectors are above MA 200, the market is heavily oversold — often a bottoming signal ✅ 3. Trend Confirmation If the main index is rising and % of sectors above MA is growing, the trend is supported by breadth If the index rises while breadth declines → bearish divergence ✅ 4. Contrarian Setups >90% of sectors above MA 50 → market may be overheated, watch for pullback <20% above MA 50 → potential local bottom ⚙️ Tips: Overlay this indicator on the IMOEX index chart to detect narrow leadership Combine with other breadth metrics or RSI on the index Use the EMA/SMA toggle to fine-tune sensitivity
Pine Script® indicator
by Quang47
London Session 15-min Range – Clean AEST Timestamp Fix (w/ EMAs)London Session 15-min Range – Clean AEST Timestamp Fix (with EMAs) What it does: This script is made for traders who want to track the high and low of the first 15-minute candle of the London session, using AEST (UTC+10) as the time reference. It also plots the 50 EMA and 200 EMA to help identify trend direction. How it works: Session Timing: The London session is defined as starting at 6:00 PM AEST. The session ends at 2:00 AM AEST the next day. Detects the first 15 minutes of the London session: During this time, it records the highest and lowest price. Draws lines once the 15-minute window is over: A red horizontal line is drawn at the session high. A green horizontal line is drawn at the session low. These lines extend 50 bars into the future. It only draws these once per day/session. Includes EMAs: A 50-period EMA is calculated and plotted in yellow. A 200-period EMA is calculated and plotted in white. Why use it: It helps visualise important price levels from the start of the London session and pairs that with moving averages to spot trends or potential breakouts.
Pine Script® indicator
by LukeHouls83
Supply & Demand Zones + Order Block (Pro Fusion) SuroLevel up your trading edge with this all-in-one Supply and Demand Zones + Order Block TradingView indicator, built for precision traders who focus on price action and smart money concepts. 🔍 Key Features: Automatic detection of Supply & Demand Zones based on refined swing highs and lows Dynamic Order Block recognition with customizable thresholds Highlights Breakout signals with volume confirmation and trend filters Built-in EMA 50 trend detection Take Profit (TP1, TP2, TP3) projection levels Clean visual labels for Demand, Supply, and OB zones Uses smart box plotting with long extended zones for better zone visibility 🔥 Ideal for: Traders who follow Smart Money Concepts (SMC) Supply & Demand strategy practitioners Breakout & Retest pattern traders Scalpers, swing, and intraday traders using Order Flow logic 📈 Works on all markets: Forex, Crypto, Stocks, Indices 📊 Recommended timeframes: M15, H1, H4, Daily ✅ Enhance your trading strategy using this powerful zone-based script — bringing structure, clarity, and automation to your chart. #SupplyAndDemand #OrderBlock #TradingViewScript #SmartMoney #BreakoutStrategy #TPProjection #ForexIndicator #SMC
Pine Script® indicator
by denidiana
1
Ichimoku CloudDetailed Description of the Pine Script Code for Ichimoku Indicator with Buy/Sell Signals 1. Indicator Declaration: Uses Pine Script version 5. Sets the title to "Enhanced Ichimoku Signals (Buy/Sell on Tenkan-sen)". Displays the indicator directly on the price chart (overlay=true). 2. Ichimoku Parameter Settings: Tenkan-sen (Conversion Line Length): Default period of 9. Kijun-sen (Base Line Length): Default period of 26. Senkou Span B (Leading Span B Length): Default period of 52. Displacement (Lagging Span): Default period of 26. 3. Signal Display Settings: Enables/disables Buy and Sell signals. Allows customization of signal colors: Buy Signal: Green upward arrow. Sell Signal: Red downward arrow. 4. Ichimoku Component Calculations: Donchian Channel: Computes the average between the highest and lowest prices over a defined period. Tenkan-sen: Average of the highest and lowest prices over the last 9 periods. Kijun-sen: Average of the highest and lowest prices over the last 26 periods. Senkou Span A: Average of Tenkan-sen and Kijun-sen. Senkou Span B: Average of the highest and lowest prices over the last 52 periods. 5. Plotting Ichimoku Lines: Plots Tenkan-sen in blue. Plots Kijun-sen in red. 6. Buy/Sell Signal Conditions: Buy Signal: Previous candle closed below Tenkan-sen. Current candle closes above Tenkan-sen. Sell Signal: Previous candle’s high was above or equal to Tenkan-sen. Current candle closes below Tenkan-sen. 7. Displaying Buy/Sell Signals: Buy Signal: Green upward arrow appears below the candle when triggered. Sell Signal: Red downward arrow appears above the candle when triggered. Signal visibility is controlled by showBuySignals and showSellSignals settings. 8. Trade Alerts: Alerts are generated when a Buy or Sell signal is triggered. Notifications specify whether a candle closed above or below Tenkan-sen. 9. Error Handling with plot(na): A dummy plot(na) ensures at least one plot function exists, preventing script errors. Summary of Functionality: Computes Ichimoku lines (Tenkan-sen, Kijun-sen, Senkou Span A, Senkou Span B). Identifies Buy/Sell signals based on: Candle’s closing position relative to Tenkan-sen. Previous candle’s high/low position. Plots Buy/Sell signals with customizable colors. Triggers alerts for trade signals.
Pine Script® indicator
by khangvitan
Custom Opening Range FillThis TradingView indicator visualizes a customizable opening range. Users define the start hour, minute (UTC), and range duration. It calculates the high and low prices within this period and fills the area between them on the chart. The range resets daily. This highlights a specific trading window, aiding in identifying potential breakout or breakdown levels. Traders can adjust the time parameters to analyze various market sessions or strategies. It's useful for those focusing on price action within a defined timeframe, simplifying the observation of key price levels.
Pine Script® indicator
by Ep69
RedK VADER - Volume-Accelerated Directional Energy RatioRedK VADER - Volume-Accelerated Directional Energy Ratio Overview RedK VADER is an indicator that analyzes market trends by calculating the energy ratio based on price movement and volume. It utilizes Zero Lag EMA smoothing to provide faster and more responsive signals. Features ✅ Considers both price action and volume: Calculates the energy ratio of upward and downward movements to assess market strength. ✅ Zero Lag Smoothing: Uses EMA-based smoothing to minimize lag and improve responsiveness. ✅ Histogram Display: Helps visualize trend strength and potential reversals. ✅ Simple yet effective: Uses short-term and long-term energy differences to generate intuitive trade signals. How to Use 📌 Blue Line (RedK VADER): Indicates trend direction and strength. 📌 Orange Line (Signal Line): A smoothed version of VADER; crossovers provide trade signals. 📌 Histogram (Green Bars): Represents the difference between VADER and the signal line. When crossing the zero line, it may indicate a trend reversal. Trade Signals 🔵 Buy Signal: When RedK VADER crosses above the signal line. 🔴 Sell Signal: When RedK VADER crosses below the signal line. ⚡ Trend Strength: The larger the histogram bars, the stronger the trend. Use this indicator to gain deeper market insights and enhance your trading decisions! 🚀
Pine Script® indicator
by masa555658
US500 Institutional Bias - MultiTF Pro EditionUS500 Institutional Bias – Multi-Timeframe Pro Edition This custom-built TradingView indicator is designed to replicate an institutional-level bias model using multi-timeframe analysis, trend structure, and volume-based smart money signals. It combines over 20 high-value components into a single, weighted directional score — helping traders determine whether the environment favors long, short, or neutral positioning. ✅ Key Features & What It Does: 📈 Multi-Timeframe Trend Following Analyzes EMA structures (fast > mid > slow) on: M1 (intrabar) M5 M15 H1 1D Each timeframe contributes to the final bias based on its weight. Higher timeframes like H1 and D1 have stronger influence on the overall direction. 🧠 Bias Score Calculation The script calculates a composite Bias Score by summing weighted signals from: Moving Averages (Trend) MACD Histogram (Momentum) RSI & Stochastic (Mean Reversion) MFI, OBV, ADL, CMF (Volume Flow) TSI & ROC (True Strength) VWAP relationship Bollinger Band squeeze detection Donchian Channel positioning RSI divergence detection Relative Vigor Index & Volatility Index Seasonality (month-based behavior) 🔺 Smart Money & Liquidity Zones Highlights potential Order Blocks Detects Volume Spikes and Support/Resistance pivots 📊 Visual Outputs Color-coded chart background based on bias intensity Triangle signals for Strong Long or Strong Short zones Divergence dots when price and RSI disagree (early reversal alerts) Optional Bias Panel to show total score and market state 🧭 Use Case This tool is ideal for: Intraday scalpers and swing traders Confirming trend alignment across timeframes Avoiding trades during neutral or conflicting structure Combining technical and sentiment-based signals
Pine Script® indicator
by Feni_h
Advanced Trading Metrics DashboardThe Advanced Trading Metrics Dashboard provides traders with a comprehensive set of key market metrics in an elegant, easy-to-read format. This professional-grade indicator combines five critical trading metrics into one unified dashboard: ADX (14): Measures trend strength with color-coded ratings Volatility: Displays ATR as a percentage with visual classification Volume Ratio: Analyzes buy/sell volume balance with bullish/bearish indicators Trend: Evaluates overall market trend using EMA alignment, RSI, and MACD Breakout: Detects and rates potential breakout opportunities Each metric includes a visual bar chart, precise value, and qualitative rating to help you make informed trading decisions at a glance. The indicator features both a detailed data table and plot lines with appropriate scaling. Perfect for day traders, swing traders, and technical analysts who need a quick overview of market conditions without cluttering their charts. Customize colors and thresholds to match your trading strategy. Built with optimized Pine Script code for reliable performance.
Pine Script® indicator
by smartcryptosignals
TREND and ZL FLOWHow It Helps Traders Trend Identification with T3 Moving Average The script calculates a T3 moving average using a smoother version of traditional moving averages, reducing lag and providing a clearer view of trend direction. A histogram is plotted, where green bars indicate an uptrend and red bars signal a downtrend. This helps traders visually confirm the market trend and avoid false signals. Zero Lag Moving Average (ZLMA) for Faster Reversals The ZLMA is designed to react more quickly to price changes while minimizing lag. It helps traders spot trend reversals sooner than traditional moving averages. The line color changes green for bullish momentum and red for bearish momentum, making it easier to spot shifts in direction. Overall, this indicator is useful for trend-following traders who want to capture momentum shifts efficiently. It can be particularly helpful for day traders and swing traders looking for early trend confirmation and automated trade signals.
Pine Script® indicator
by OptionSPY
Angel Signal proAngel Signal Pro is a comprehensive technical analysis tool that integrates multiple indicators for a structured market assessment. RSI, MACD, and ADX — evaluate trend strength and identify potential entry and exit points. Momentum and ATR — measure price acceleration and volatility, assisting in risk management. Stochastic Oscillator — detects overbought and oversold conditions. SMA (50, 100, 200) — tracks key moving averages with the option to enable all at once. Cryptocurrency price display — select and monitor real-time prices of any cryptocurrency available on the BINANCE exchange. Automatic trend detection— classifies trends as bullish, bearish, or neutral based on RSI and MACD signals. Customizable table — presents key indicator values in a structured and convenient format. The table also provides automatic trend detection across different timeframes (TF), allowing you to assess the current market situation more accurately on various levels. Automatic gap detection — identifies market gaps, helping to spot potential trading opportunities. Buy and sell signals — the system generates buy and sell signals based on the analysis of five key indicator values, allowing traders to respond quickly to market changes. Bollinger Bands — helps assess market volatility and identify support and resistance levels, as well as potential reversal points, by detecting when prices move outside of normal volatility ranges. Customization settings — in Angel Signal Pro, you can select which indicators and features you want to display. All elements can be turned on or off according to your preferences. There is also the ability to change colors and the appearance of each element, allowing you to tailor the interface to your personal preferences and make the tool more convenient to use. Angel Signal Pro is suitable for traders of all experience levels and helps navigate market conditions with confidence.
Pine Script® indicator
by Angelqwer
[blackcat] L2 Risk Assessment for Trend StrengthOVERVIEW This script provides an advanced technical analysis tool combining real-time **Risk Assessment** and **Trend Strength Indicators**, displayed independently from price charts. It calculates multi-layered metrics using weighted algorithms and visualizes risk thresholds via dynamically-colored zones. FEATURES - Dual ** RISKA ** calculations ( RSVA1 / RSVA2 ) across 9-period cycles - Smoothed outputs via proprietary **boldWeighted Moving Averages (WMAs)** - Dynamic **Current Safety Level Plot** (fuchsia area-style visualization) - Color-coded **Trend Strength Line** reacting to real-time shifts across four danger/optimism tiers - Automated threshold validation mechanism using last-valid-value logic - Visually distinct risk zones (blue/green/yellow/red/fuchsia) filling background areas HOW TO USE 1. Add to your chart to observe two core elements: - Area plot showing current risk tolerance buffer - Thick line indicating momentum strength direction 2. Interpret values relative to vertical thresholds: • Above 100 = Ultra-safe zone (light blue) • 80–100 = Safe zone (green) • 20–80 = Moderate/high-risk zones (yellow) • Below 20 = Extreme risk (red) 3. Monitor trend confidence shifts using the colored line: > **Blue**: Strong bullish momentum (>80%) > **Green/Yellow**: Neutral/moderate trends (50%-80%) > **Red**: Bearish extremes (<20%) LIMITATIONS • Relies heavily on prior 33-period low and 21-period high volatility patterns • WMA smoothing introduces minor backward-looking bias • Not optimized for intraday timeframe sub-hourly usage • Excessive weighting parameters may amplify noise during sideways markets
Pine Script® indicator
by blackcat1402
5
RSI-Colored Price Candles with BackgroundThis Pine Script indicator visually enhances price candles based on **RSI (Relative Strength Index)** behavior, helping traders quickly assess momentum directly on the price chart. **RSI Calculation:** The RSI is computed using a traditional 14-period lookback. It uses `ta.rma()` to smooth average gains and losses, and then transforms the result into an RSI value between 0 and 100. This value is used to determine both **candle color** and optional **background shading**. **Candle Coloring:** Each price candle is recolored based on the current RSI value: - If RSI is **greater than or equal to 50**, the candle is **bright green**, indicating bullish momentum. - If RSI is **less than 50**, the candle is **bright red**, indicating bearish momentum. The actual OHLC values of the candles remain unchanged. Only their color is modified to reflect RSI strength. **Optional Background Highlighting:** A user setting called `Show Overbought/Oversold Background` lets traders toggle background shading on or off. When enabled: - If RSI is **above 70**, a soft **green** background appears, signaling overbought conditions. - If RSI is **below 30**, a soft **red** background appears, signaling oversold conditions. This provides an intuitive visual cue that highlights potential reversal or exhaustion zones based on RSI extremes. **Custom Settings:** - The RSI length and source are customizable. - Background highlighting is turned **off by default**, giving users a clean chart unless they choose to enable it. **Purpose and Use:** This script is designed for traders who want to visually integrate RSI momentum directly into their chart candles, reducing the need to look away from price action. It's clean, responsive, and adjustable — perfect for intraday or swing traders who value simplicity backed by momentum data.
Pine Script® indicator
by Midgar-
Min-Max | Buy-Sell Alert with LevelsMin-Max | Buy-Sell Alert with Levels Description: The Min-Max | Buy-Sell Alert with Levels indicator is a powerful tool designed to help traders identify key levels of support and resistance based on the previous day's high and low prices. It plots horizontal lines for the previous day's minimum (Min) and maximum (Max) prices, along with four intermediate levels (Stop Loss 1 to Stop Loss 4) calculated as equal percentage steps between the Min and Max. This indicator is perfect for traders who want to: Identify potential entry points when the price returns within the Min-Max range. Set stop-loss levels based on the calculated intermediate levels. Receive alerts for buy, sell, and stop-loss conditions. Key Features: Previous Day's Min and Max Lines: Automatically plots the Min (red line) and Max (green line) of the previous day. These levels act as dynamic support and resistance zones. Intermediate Stop Loss Levels: Calculates and plots four intermediate levels (Stop Loss 1 to Stop Loss 4) between the Min and Max. Each level is equally spaced, representing potential stop-loss or take-profit zones. Customizable Alerts: Buy Alert: Triggered when the price returns within the Min-Max range after breaking below the Min. Sell Alert: Triggered when the price returns within the Min-Max range after breaking above the Max. Stop Loss Alerts: Triggered when the price reaches any of the four intermediate levels (Stop Loss 1 to Stop Loss 4). Customizable Appearance: Adjust the thickness, color, and style (solid, dashed, dotted) of the lines. Customize the colors of the Stop Loss labels for better visualization. Labels on the Chart: Displays "Buy" and "Sell" labels on the chart when the respective conditions are met. Labels for Stop Loss levels are also displayed for easy reference. How to Use: Add the indicator to your chart. Customize the settings (line colors, thickness, and alert preferences) in the indicator's settings panel. Use the Min and Max lines as dynamic support and resistance levels. Monitor the intermediate levels (Stop Loss 1 to Stop Loss 4) for potential stop-loss or take-profit zones. Set up alerts for Buy, Sell, and Stop Loss conditions to stay informed about key price movements. Why Use This Indicator? Simple and Effective: Focuses on the most important levels from the previous day. Customizable: Tailor the indicator to match your trading style and preferences. Alerts: Never miss a trading opportunity with customizable alerts for key conditions. Settings: Line Thickness: Adjust the thickness of the Min, Max, and intermediate lines. Line Colors: Customize the colors of the Min, Max, and intermediate lines. Line Style: Choose between solid, dashed, or dotted lines. Stop Loss Label Colors: Customize the colors of the Stop Loss labels. Alerts: Enable or disable alerts for Buy, Sell, and Stop Loss conditions. Ideal For: Day traders and swing traders. Traders who rely on support and resistance levels. Anyone looking for a clear and customizable tool to identify key price levels. Disclaimer: This indicator is for educational and informational purposes only. It does not constitute financial advice. Always conduct your own analysis and trade responsibly. Get Started Today! Add the Min-Max | Buy-Sell Alert with Levels indicator to your chart and take your trading to the next level. Customize it to fit your strategy and never miss a key trading opportunity again!
Pine Script® indicator
by valdir-mamede
2