21DMA Structure Counter (EMA/SMA Option)21DMA Structure Counter (EMA/SMA Option)
Overview
The 21DMA Structure Counter is an advanced technical indicator that tracks consecutive periods where price action remains above a 21-period moving average structure. This indicator helps traders identify momentum phases and potential trend exhaustion points using statistical analysis.
Key Features
Moving Average Structure
- Configurable MA Type: Choose between EMA (Exponential Moving Average) or SMA (Simple Moving Average)
- 21-Period Default: Optimized for the widely-watched 21-period moving average
- Triple MA Structure: Tracks high, close, and low moving averages for comprehensive analysis
Statistical Analysis
- Cycle Counting: Automatically counts consecutive periods above the MA structure
- Historical Data: Maintains up to 2,500 historical cycles (approximately 10 years of daily data)
- Z-Score Calculation: Provides statistical context using mean and standard deviation
- Multiple Standard Deviation Levels: Displays +1, +2, and +3 standard deviation thresholds
Visual Indicators
Color-Coded Bars:
- Gray: Below 10-year average
- Yellow: Between average and +1 standard deviation
- Orange: Between +1 and +2 standard deviations
- Red: Between +2 and +3 standard deviations
- Fuchsia: Above +3 standard deviations (extreme readings)
Breadth Integration
- Multiple Breadth Options: NDFI, NDTH, NDTW (NASDAQ breadth indicators), or VIX
- Background Shading: Visual alerts when breadth reaches extreme levels
- High/Low Thresholds: Customizable levels for breadth analysis
- Real-time Display: Current breadth value shown in data table
Smart Reset Logic
- High Below Structure Reset: Automatically resets count when daily high falls below the lowest MA
- Flexible Hold Period: Continues counting during temporary weakness as long as structure isn't violated
- Precise Entry/Exit: Strict criteria for starting cycles, flexible for maintaining them
How to Use
Trend Identification
- Rising Counts: Indicate sustained momentum above key moving average structure
- Extreme Readings: Z-scores above +2 or +3 suggest potential trend exhaustion
- Historical Context: Compare current cycles to 10-year statistical averages
Risk Management
- Breadth Confirmation: Use breadth shading to confirm market-wide strength/weakness
- Statistical Extremes: Exercise caution when readings reach +3 standard deviations
- Reset Signals: Pay attention to structure violations for potential trend changes
Multi-Timeframe Application
- Daily Charts: Primary timeframe for swing trading and position management
- Weekly/Monthly: Longer-term trend analysis
- Intraday: Shorter-term momentum assessment (adjust MA period accordingly)
Settings
Moving Average Options
- Type: EMA or SMA selection
- Period: Default 21 (customizable)
- Reset Days: Days below structure required for reset
Visual Customization
- Standard Deviation Lines: Toggle and customize colors for +1, +2, +3 SD
- Breadth Selection: Choose from NDFI, NDTH, NDTW, or VIX
- Threshold Levels: Set custom high/low breadth thresholds
- Table Styling: Customize text colors, background, and font size
Technical Notes
- Data Retention: Maintains 2,500 historical cycles for robust statistical analysis
- Real-time Updates: Calculations update with each new bar
- Breadth Integration: Uses security() function to pull external breadth data
- Performance Optimized: Efficient array management prevents memory issues
Best Practices
1. Combine with Price Action: Use alongside support/resistance and chart patterns
2. Monitor Breadth Divergences: Watch for breadth weakness during strong readings
3. Respect Statistical Extremes: Exercise caution at +2/+3 standard deviation levels
4. Context Matters: Consider overall market environment and sector rotation
5. Risk Management: Use appropriate position sizing, especially at extreme readings
Disclaimer
This indicator is for educational and informational purposes only. It should not be used as the sole basis for trading decisions. Always combine with other forms of analysis and proper risk management techniques.
Compatible with Pine Script v6 | Optimized for daily timeframes | Best used on major indices and liquid stocks
Breadth Indicators
Volume-Time Imbalance (VTI)Volume-Time Imbalance (VTI) – Indicator Description
This indicator measures the imbalance between traded volume and the time elapsed between bars to identify unusual spikes in volume per second (volume per unit of time). Its purpose is to highlight volume movements that may indicate moments of strong interest, acceleration, or reversal in the market.
How it works:
It calculates the traded volume divided by the time (in seconds) elapsed since the previous bar — thus obtaining the volume per second.
An EMA (exponential moving average) of this volume per second is calculated to smooth the data.
The VTI value is the ratio between the current volume per second and this moving average, showing if the current volume is above what is expected for that pace.
The higher the VTI, the greater the imbalance between volume and time, indicating possible bursts of activity.
Settings:
VTI Moving Average Length: The period of the moving average used to smooth the volume per second (default is 20).
Alert Thresholds: Alert levels to identify moderate and high imbalances (defaults are 1.5 and 2.0).
Show VTI Histogram: Displays the VTI histogram in the indicator window.
Color Background: Colors the indicator background based on the strength of the imbalance (orange for moderate, red for high).
Show Alert Arrows: Shows arrows below the chart when a strong volume spike occurs (high alert).
Interpretation:
VTI values above the moderate level (1.5) indicate an unusual increase in volume relative to time.
Values above the high level (2.0) signal strong spikes that may anticipate significant moves or trend changes.
Use the colors and arrows as visual confirmations to quickly identify these moments.
Cumulative Intraday Volume with Long/Short LabelsThis indicator calculates a running total of volume for each trading day, then shows on the price chart when that total crosses levels you choose. Every day at 6:00 PM Eastern Time, the total goes back to zero so it always reflects only the current day’s activity. From that moment on, each time a new candle appears the indicator looks at whether the candle closed higher than it opened or lower. If it closed higher, the candle’s volume is added to the running total; if it closed lower, the same volume amount is subtracted. As a result, the total becomes positive when buyers have dominated so far today and negative when sellers have dominated.
Because futures markets close at 6 PM ET, the running total resets exactly then, mirroring the way most intraday traders think in terms of a single session. Throughout the day, you will see this running total move up or down according to whether more volume is happening on green or red candles. Once the total goes above a number you specify (for example, one hundred thousand contracts), the indicator will place a small “Long” label at that candle on the main price chart to let you know buying pressure has reached that level. Similarly, once the total goes below a negative number you choose (for example, minus one hundred thousand), a “Short” label will appear at that candle to signal that selling pressure has reached your chosen threshold. You can set these threshold numbers to whatever makes sense for your trading style or the market you follow.
Because raw volume alone never turns negative, this design uses candle direction as a sign. Green candles (where the close is higher than the open) add volume, and red candles (where the close is lower than the open) subtract volume. Summing those signed volume values tells you in a single number whether buying or selling has been stronger so far today. That number resets every evening, so it does not carry over any buying or selling from previous sessions.
Once you have this indicator on your chart, you simply watch the “summed volume” line as it moves throughout the day. If it climbs past your long threshold, you know buyers are firmly in control and a long entry might make sense. If it falls past your short threshold, you know sellers are firmly in control and a short entry might make sense. In quieter markets or times of low volume, you might use a smaller threshold so that even modest buying or selling pressure will trigger a label. During very active periods, a larger threshold will prevent too many signals when volume spikes frequently.
This approach is straightforward but can be surprisingly powerful. It does not rely on complex formulas or hidden statistical measures. Instead, it simply adds and subtracts daily volume based on candle color, then alerts you when that total reaches levels you care about. Over several years of historical testing, this formula has shown an ability to highlight moments when intraday sentiment shifts decisively from buyers to sellers or vice versa. Because the indicator resets every day at 6 PM, it always reflects only today’s sentiment and remains easy to interpret without carrying over past data. You can use it on any intraday timeframe, but it works especially well on five-minute or fifteen-minute charts for futures contracts.
If you want a clear gauge of whether buyers or sellers are dominating in real time, and you prefer a rule-based method rather than a complex model, this indicator gives you exactly that. It shows net buying or selling pressure at a glance, resets each session like most intraday traders do, and marks the moments when that pressure crosses the levels you decide are important. By combining a daily reset with signed volume, you get a single number that tells you precisely what the crowd is doing at any given moment, without any of the guesswork or hidden calculations that more complicated indicators often carry.
BBS – Bond Breadth Signal"When bonds scream, breadth collapses, and fear spikes — BBS listens."
🧠 BBS – Bond Breadth Signal
A reversal timing tool built on macro conviction, not price noise.
The Bond Breadth Signal (BBS) was developed to identify major market inflection points by combining four key market stress indicators:
1) 10-Year Yield ROC – Measures sharp moves in the bond market
2) Z-Score of the 10Y – Captures statistical extremes
3) NSHF (Net Highs–Lows) – Signals internal market strength or weakness
4) TLT ROC + VIX – Confirmations of flight to safety and volatility-driven fear
When all conditions align, BBS marks either a For-Sure Buy or For-Sure Sell — these are rare, high-confidence signals designed to cut through noise and focus on true market dislocations.
🔧 Features:
-Background color and signal arrows on confirmation days
-Signals remain visually active for 3 days for added clarity
-Fully adjustable thresholds and alert toggles
-Plot panel for yield, TLT, NSHF, VIX, and Z-score visuals
This tool isn’t designed to fire every day. It’s meant to wait for those moments when the market truly bends — not just wiggles.
Best used on major indices (SPY, QQQ, IWM) to assess macro turning points.
Strategy Builder Pro [ChartPrime]ChartPrime Strategy Creator Overview
The ChartPrime Strategy Builder offers traders an innovative, structured approach to building and testing strategies. The Strategy Creator allows users to combine, test, and automate complex strategies with many parameters.
Key Features of the ChartPrime Strategy Builder
1. Customizable Buy and Sell Conditions
The Strategy Creator provides flexibility in establishing entry and exit rules, with separate sections for long and short strategies. Traders can combine multiple conditions in each section to fine-tune when positions are opened or closed. For instance, they might choose to only buy when the indicator signals a buy and the Dynamic Reactor (a low lag filter) indicator shows a bullish trend. Users are able to pick, mix and match the following list of features:
Signal Mode: Select the type of assistive signals you are requiring. Provided are both trend following signals with self optimization using backtest results as well as reversal signals, aiming to provide real time tops and bottoms in markets. Both these signal modes can be fine tuned using the tuning input to refine signals to a trader's liking. ChartPrime Trend Signals leverage audio engineering inspired techniques and low-pass filters in order to achieve and attempt to produce lower lag response times and therefore are designed to have a uniqueness when compared to more classical trend following approaches.
The Dynamic Reactor: provides a simple band passing through the chart. This can provide assistance in support and resistance locations as well as identifying the trend direction expressed via green and red colors. Taking a moving average and applying unique adaptivity calculations gives this plot a unique and fast behavior.
Candlestick structures: analyze candlestick formation putting a spin on classical candlestick patterns and provide the most relevant formations on the chart. These are not classical and are filtered by further analyzing market activity. A trader's classic with a spin.
The Prime Trend Assistant: provides a trend following dynamic support and resistance level. This makes it perfect to use in confluence or as a filter for other supporting indicators. This is an adaptive trend following system designed to handle volatility leveraging filter kernels as opposed to low pass filters.
Money Flow: with further filters applied for early response to money flow changes in the market. This can be a great filter in trends.
Oscillator reversals: are built in leveraging an oscillator focusing on market momentum allowing users to enter based on market shifts and trends along with reversals.
Volume-Inspired Signals: determine overbought and oversold conditions, adding another layer of analysis to the oscillator. These appear as orange labels, providing a simple reading into a possible reversal.
The Volume Matrix: is a volume oscillator that shows whether money is flowing into or out of the market. Green suggests an uptrend with buyers in control, while red indicates a majority of sellers. By incorporating smoothed volume analysis, it distinguishes between bullish and bearish volumes, offering an early indication of potential trend reversals.
The True 7: is a middle-ranking system that evaluates the strength of a move and the overall trend, offering a numeric or visual representation of trend strength. It can also indicate when a trend is starting to reverse, providing leading signals for potential market shifts. Rather than using an oscillator, this offers the unique edge of falling into set categories, making understanding it simple. This can be a great confluence point when designing a strategy.
Take profits: These offer real-time suggestions from our algorithm on when it might be a good time to take profit. Using these as part of a strategy allows for great entries at bottoms and tops of trends.
Using features such as the Dynamic reactor have dual purposes. Traders can use this as both a filter and an entry condition. This allows for true interoperability when using the Strategy Builder. The above conditions are duplicated for short entries too allowing for symmetrical trading systems. By disabling all of the entry conditions on either long or short areas of the settings will create a strategy that only takes a single type of position. For example; a trader that just wants to take longs can disable all short options.
2. Layered Entries
Layered entries, a feature to enhance the uniqueness in the tool. It allows traders to average into positions as the market moves, rather than committing all capital at once. This feature is particularly useful for volatile markets where prices may fluctuate substantially. The Strategy Builder lets users adjust the number of layered entries, which can help in managing risk and optimizing entry points as well as the aggressiveness of the safety orders. With each safety order placed the system will automatically and dynamically scale into positions reducing the average entry price and hence dynamically adjust the potential take profits. Due to the potential complexities of exiting during multiple orders, a smart system is employed to automatically take profits on the layered system aiming to take profits at peaks of trends.
Users are able to override this smart TP system at the bottom of the settings instead targeting percentage profits for both short and long positions.
Entries lowering average buy price
The ability to adjust how quickly the system layers into positions can also be adjusted via the layered entries drop down between fast and slow mode where the slow mode will be more cautious when producing new orders.
3. Flexible Take Profit (TP) and Stop Loss (SL) Options
Traders can set their TP and SL levels according to various parameters, including ATR (Average True Range), risk-reward ratio, trailing stops, or specific price changes. If layered entries are active, an automatic TP method is applied by default, though traders can manually specify TP values if they prefer. This setup allows for precise control over trade exits, tailored to the strategy’s risk profile.
Provided options
The ability to use external take profits and stop losses is also provided. By loading an indicator of your choice the plots will be added to the chart. By navigating to the external sources area of the settings, users can select this plot and use it as part of a wider trading system.
Example: Let’s say a user has entries based on the inbuilt trend signals and wishes to exit whenever the RSI crosses above 70, they can add RSI to the chart, select crossing up and enter the value of 70.
4. Integrated Reinvestment for Compounding Gains
The reinvestment option allows traders to reinvest a portion of their gains into future trades, increasing trade size over time and benefiting from compounding. For example, a user might set 30% of each trade's profit to reinvest, with the remaining 70% allocated for risk management or additional safety orders. This approach can enhance long-term growth while balancing risk.
Generally in trading it can be a good approach to take profits so we suggest a healthy balance. This setting is generally best used for slow steady strategies with the long term aim of accumulating as much of the asset as possible.
5. Leverage and Position Sizing
Users can configure leverage and position sizing to simulate varying risk levels and capital allocations. A dashboard on the interface displays margin requirements based on the selected leverage, allowing traders to estimate trade sizes relative to their available capital. Whenever using leverage especially with layered entries it’s important to keep a close eye on the position sizes to avoid potential liquidations.
6. Pre-Configured Strategies for Immediate Testing
For users seeking a starting point, ChartPrime includes a range of preset strategies. These were developed and backtested by ChartPrime’s team. This allows traders to start with a stable base and adapt it to their own preferences. It is vital to understand that historical performance doesn't guarantee future success, and traders should be mindful of overfitting. These pre-built configurations offer a structured way and base to design strategies off of. These are also subject to changing results as new price action arrives and they become outdated. They serve the purpose of simply being example use cases.
7. In-Depth Specific Backtesting Ranges
The Strategy Builder includes backtesting capabilities, providing a clear view of how different setups would have performed over specified time periods. Traders can select date ranges to target specific market conditions, then review results on TradingView to see how their strategies perform across different market trends.
Example Use Case: Developing a Strategy
Consider a trader who is focused on long positions only and prefers a lower-risk strategy (note these tools can be used for all assets; we are using an undisclosed asset as an example). Using the Strategy Builder, they could:
- Disable short conditions.
- Set long entry rules to trigger when both the ChartPrime oscillator and Quantum Reactor indicators show bullish signals.
- Enable layered entries to improve average entry prices by adding to positions during market dips.
- Run a backtest over a two-year period to see historical performance trends, making adjustments as needed.
The backtest will show where entries and exits would have occurred and how layered entries may have impacted profitability.
8. Iterative design
Strategy builders and creating a strategy is often an iterative process. By experimenting and using logic; a trader can arrive at a more sustainable system. Analyzing the shortcomings of your strategy and iteratively designing and filtering them out is the goal. For example; let’s say a strategy has high drawdown, a user would want to tighten stop losses for example to reduce this and find a balance point between optimizing winning trades and reducing the drawdown. When designing a strategy there are generally tradeoffs and optimizing taking into consideration a wide range of factors is key. This also applies to filtering techniques, entries and exits and every variable in the strategy.
Let’s say a strategy was taking too many long positions in a downtrend and after you’ve analyzed the data, you come to the conclusion this needs to be solved. Filtering these using built in trend following tools can be a great approach and refining with logic is a great approach.
The Strategy Builder also takes into consideration those who seek to automate especially via reinvesting and leverage features.
Considerations
The ChartPrime Strategy Builder aims to help traders build clear, rule-based strategies without excessive complexity. As with all backtesting tools, it's crucial to understand that historical performance doesn't guarantee future success, and traders should be mindful of overfitting. This tool offers a structured way to test strategies against various market conditions, helping traders refine their approaches with data-driven insights. Traders should also ensure they enter the correct fees when designing strategies and ensure usage on standard candle types.
Time-Weighted Fractality (TWF)The Time-Weighted Fractality (TWF) indicator is your secret weapon to measure how stable or volatile a market truly is — by tracking how long trends persist, and weighting that against recent history.
Why you need TWF in your toolkit:
Markets aren’t always trending or choppy in a simple on/off way. TWF quantifies trend duration dynamics — revealing when the market is locked into a strong, stable trend or stuck in erratic, unpredictable moves.
How it works — sharp and simple:
Trend Duration Tracking:
Measures how many bars since the last highest high changed within a specified lookback. This tells you how long the current trend has been running.
Smoothed Average Duration:
Uses an EMA to smooth trend duration, providing a reliable baseline of recent trend behavior.
Ratio Calculation (TWF):
The core metric — current trend duration divided by average trend duration.
TWF > 1.2 means the current trend is stronger and more persistent than usual.
TWF < 0.8 signals a volatile, choppy market struggling to hold any trend.
What you see on the chart:
A clean TWF line plotted with clear zones:
Green zone = Strong, stable trend environment
Red zone = Choppy, volatile conditions to avoid or trade cautiously
Background shading highlights these zones for instant clarity
Markers appear at critical points for quick visual cues
Why traders swear by it:
✅ Reliable trend confirmation: Avoid false signals by only acting when TWF confirms sustained market momentum.
✅ Timing tool: Perfect for spotting when a trend is building strength or losing grip — invaluable for entries and exits.
✅ Versatile: Works on all timeframes and instruments, from forex to stocks to crypto.
✅ Simple but powerful: Combines fractal concept with time weighting and smoothing — giving you a next-level understanding of market rhythm.
Pro tip:
Use TWF alongside your favorite price or volume-based indicators for unmatched precision. For example, confirm breakouts only when TWF signals a stable trend zone to increase your win rate.
In a sea of noise, TWF cuts through to give you real, actionable insight. Trust it, build your strategy around it — it’s that good.
VIDYA (Chande)This script brings you VIDYA – the Variable Index Dynamic Average, developed by Tushar Chande. It’s not your typical moving average. Unlike the standard SMA or EMA, VIDYA adapts its speed and smoothness based on real-time market momentum using the Chande Momentum Oscillator (CMO).
Think of it like a moving average that gets faster during strong trends and slows down during sideways or choppy markets — just like how a smart trader would!
🧠 What Makes VIDYA Different?
Traditional moving averages use fixed smoothing, so they lag more during big moves or chop during weak trends.
VIDYA fixes that by adapting its behavior dynamically:
When momentum is strong → VIDYA reacts faster 🚀
When momentum is weak → VIDYA smooths out the noise 🧘
⚙️ How It Works (Explained Simply):
1️⃣ CMO Calculation (Chande Momentum Oscillator):
We look at the past cmoLength candles (default 9) and:
i) Add up all the positive price changes (gains)
ii) Add up all the negative price changes (losses)
iii) Use those to compute a normalized momentum score between -100 and +100
📌 CMO = (Gains - Losses) / (Gains + Losses)
• This gives us a momentum reading that powers the next step.
2️⃣ Dynamic Alpha Smoothing:
• We convert the absolute value of the CMO into an alpha — this is the "speed" of the VIDYA.
📌 Higher momentum = higher alpha → faster response
📌 Lower momentum = lower alpha → smoother behavior
3️⃣ VIDYA Formula:
• Finally, we apply the smoothing:
📌 VIDYA = α × Price + (1 - α) × Previous VIDYA
• This equation continuously adapts to market behavior — trending or ranging.
📊 What’s Plotted?
🟠 The VIDYA Line:
A smooth, responsive line plotted on your price chart that adjusts in real-time with price momentum.
🔎 How to Use It:
✅ Use it like a moving average, but smarter:
• Price > VIDYA and rising → Trend is likely up
• Price < VIDYA and falling → Trend is likely down
• Flat VIDYA = Possible consolidation or sideways market
✅ Combine with:
• Breakout strategies (VIDYA confirms momentum)
• Reversal entries (look for price crossing VIDYA)
• Volatility filters (ignore signals when VIDYA flattens)
🧪 Bonus Tip:
Pair this with a volume indicator (like my Volume Confirmation Bars or Volume Strength Highlight) to confirm whether momentum is backed by real participation or just a fakeout.
📩 Want alerts, dual-timeframe overlays, or VIDYA with other base inputs (like typical price or HLC3)? Let me know — happy to expand this for your setup!
Stay adaptive, not reactive — trade smarter with VIDYA! 🧠📉📈
Relative Wave: Volatility IncludedFor the setup shown, it is best used with the following scripts I have written:
1. Indicator: Volatility Candle Based
2. Multi-Period Charts (use 2 of them): @ 30m and 1H settings
3. Relative Wave: Volatility Included.
Indicator Description: Relative Wave: Volatility Included (RW: Vol)
Pine Script v6 – Technical Overview
🔍 Purpose
The Relative Wave: Volatility Included (RW: Vol) is a custom oscillator designed to measure price position relative to dynamic upper and lower bounds that are influenced by volatility. It incorporates trend filtering, momentum smoothing, and zone detection, providing a composite view of price waves and potential reversal signals.
🧠 How It Works
1. Core Concept: Relative Position within Volatility Bands
The indicator calculates a Relative Wave Index, which measures where the current price sits between recent upper and lower bands derived from standard deviation. These bounds are sorted over a historical window to filter for sensitivity.
2. Sensitivity & Smoothing
Trend Length (Historical_Bar_Count): Defines how many bars are used to build the volatility-adjusted trend range.
Sensitivity Control: Adjusts how reactive the index is to recent price changes.
EMA Smoothing: Custom exponential moving averages are used to smooth values for fast, slow, and overall momentum.
3. Components & Visuals
RW Short-Term Fast Line: Plotted as colored circles indicating quick changes in trend.
RW Short-Term Slow Line: A smoother trend line for signal filtering.
RW Overall Momentum Line: Step-style line measuring broader directional trend.
RW Wave Line: A smoothed average of recent crests and troughs, acting as a cyclical midline reference.
Zone Lines (5/20/50/80/95): Visual thresholds often used as overbought/oversold regions.
⚙️ Key Inputs & Their Effects
Trend Length: Longer = smoother but laggy trends; shorter = more responsive but volatile.
Sensitivity: Higher values = less sensitivity; lower = more reactive.
Signal Lengths (Fast/Slow/Overall): Control the degree of smoothing for each plotted line.
Crest/Trough Lookback: Determines how crests and troughs are calculated from past wave behavior.
✅ Trade Signal Logic
The script defines bullish and bearish conditions based on the interaction of:
RW Wave direction
Overall Momentum direction
Slow Line behavior
Relative positioning (e.g., below or above 50)
Bullish Example:
RW Wave and Momentum are both rising
Values are below 50 (potential upside room)
Slow Line may be falling or just crossed upward
Bearish Example:
RW Wave and Momentum are falling
Values are above 50 (potential downside room)
Slow Line rising or crossed downward
🎨 Visual Aids & Colors
Green: Bullish momentum
Red: Bearish momentum
Blue/Purple Circles: Transition points and fast line status
White/Midrange Lines: Reference zones (like RSI levels)
📈 Best Use Cases
Identifying shifts in market direction before price breakout
Confirming trend strength using wave/momentum alignment
Spotting oversold/overbought zones with volatility context
Combining with other indicators (e.g., price action or volume)
How the Relative Wave Indicator, Volatility-Based Candle Signals, and Multi-Time Period Charts Work Together
This strategy combines three core components—Relative Wave, Volatility Candle Signals, and Multi-Time Period Analysis—to build a layered, high-probability trading framework.
🔷 1. Relative Wave Indicator (used on 3-minute chart)
The Relative Wave Indicator is a momentum and volatility-based oscillator that tracks price movement within a defined range using historical highs and lows derived from standard deviation bands. It smooths price action using fast and slow custom EMAs to identify underlying trend strength and reversals.
Key Features:
Tracks short-term wave structure
Detects momentum shifts based on rising/falling conditions
Uses color-coded momentum signals to help spot turning points early
The wave line and overall momentum line help confirm the quality of trend setups
🔶 2. Volatility Candle-Based Indicator (used on 3-minute chart)
The Volatility Candle Signal highlights significant price action based on expanding or contracting volatility. This tool helps identify moments of potential breakout or reversal by evaluating candle size, wick structure, and deviation from recent ranges.
Key Purpose:
Pinpoints actionable moments when volatility is entering or exiting the market
Works in tandem with Relative Wave to validate whether a momentum shift is strong enough to act on
🕰 3. Multi-Time Period Chart Confirmation (30-minute & 2-hour)
To avoid false signals and ensure alignment with broader market context, two higher timeframes (30m and 2h) are used as confirmation filters.
How They Integrate:
The 30-minute chart provides mid-range trend direction—ideal for intraday bias
The 2-hour chart offers broader trend context and helps avoid trading against dominant macro trends
These are used as overlays or separate indicators that mirror Relative Wave or other trend-detection tools to show whether the short-term setup aligns with bigger picture momentum
✅ Optimal Setup
Execution Timeframe: 3-minute chart
Confirmation Timeframes: 30-minute and 2-hour charts
Ideal Conditions for Trade Entry:
Relative Wave shows bullish/bearish alignment (e.g., wave and momentum lines rising with value <50 for bulls, >50 for bears)
Volatility candles indicate a breakout or reversal
Both the 30m and 2h multi-timeframe indicators confirm the trend direction or support a momentum shift
This integrated approach minimizes noise and increases confidence in each trade setup by ensuring that short-term signals are supported by volatility behavior and broader market context.
Period High/Low Percentage DifferenceCheck for price away from 200 days high/low and from recent high and low. Found it difficult to keep switching from regular to percentage in chart. I use it for ETF investing.
Bull & Bear Power Separados📄 English Description for TradingView
Bull & Bear Power – Elder Style
This indicator displays the strength of buyers (Bull Power) and sellers (Bear Power) separately, based on Alexander Elder’s original concept.
It uses a 13-period Exponential Moving Average (EMA) as the baseline, calculating:
Bull Power = High – EMA
Bear Power = Low – EMA
✔️ Bull Power (green) shows buying pressure.
✔️ Bear Power (red) shows selling pressure.
Great for analyzing true market momentum and spotting early signs of potential trend reversals.
Can be used as confirmation together with moving averages (e.g., MMA30 and MMA50) or price action signals.
✅ On 1H gold charts (XAUUSD), it has shown solid behavior in filtering entries during clear trends.
Developed and shared for educational purposes by El Bit Criollo.
Professional Candlestick + QQE Confirm v2.0 Professional Candlestick + QQE Confirm v1.0
This script combines powerful candlestick pattern detection with QQE momentum confirmation to improve signal reliability for swing trading and trend entries.
🔍 What It Does:
- Detects high-probability candlestick patterns (e.g. Pin Bars, Engulfing, Morning/Evening Stars)
- Confirms signals with the QQE indicator to reduce false entries
- Highlights buy/sell zones using combined logic
⚙️ Key Features:
- Multiple candlestick patterns, each toggleable
- QQE filtering to confirm valid breakouts or reversals
- Signal labels with strength grading
- Optional alert settings
📊 Best Use:
- Works well on 1H, 4H, and Daily charts
- Combine with trendlines or support/resistance for stronger entries
- Avoids signals in sideways/choppy markets
---
This is a tool for traders who want to filter out weak candlestick signals using a trusted momentum indicator (QQE) for more accurate entries.
Sessions High/LowIndicator lines to show the prior days NY high/low, overnight Asian high/low, and recent London high/low. Time frame variables are included as well as the option to change colors for both the high and low. Good luck.
Configurable Vertical LineThis indicator adds a vertical line at a set amount of bars back. Specifically for when you are using the "auto" chart sizing and the long or short position on auto.
this will allow consistent measuring without using the measuring tool.
Breakout Volume PROBreakout Volume PRO
Real + Projected Volume Detection
This advanced volume indicator detects breakouts based on both actual and projected volume, allowing you to anticipate strong market moves before the current candle closes.
🔹 Key Features:
Volume breakout detection based on configurable moving average and multiplier.
Early signal when projected volume exceeds threshold before candle close.
Distinct coloring for bullish, bearish, and early breakout volume.
Customizable volume threshold area and base average.
Compatible with any timeframe, including daily and intraday.
Colors:
🔵 Blue: Bullish breakout
🔴 Red: Bearish breakout
🟠 Orange: Projected breakout in progress
⚪️ Gray: Normal volume
Perfect for identifying accumulation, distribution, or high-volume events that may precede price breakouts.
Super Arma Institucional PRO v6.3Super Arma Institucional PRO v6.3
Description
Super Arma Institucional PRO v6.3 is a multifunctional indicator designed for traders looking for a clear and objective analysis of the market, focusing on trends, key price levels and high liquidity zones. It combines three essential elements: moving averages (EMA 20, SMA 50, EMA 200), dynamic support and resistance, and volume-based liquidity zones. This integration offers an institutional view of the market, ideal for identifying strategic entry and exit points.
How it Works
Moving Averages:
EMA 20 (orange): Sensitive to short-term movements, ideal for capturing fast trends.
SMA 50 (blue): Represents the medium-term trend, smoothing out fluctuations.
EMA 200 (red): Indicates the long-term trend, used as a reference for the general market bias.
Support and Resistance: Calculated based on the highest and lowest prices over a defined period (default: 20 bars). These dynamic levels help identify zones where the price may encounter barriers or supports.
Liquidity Zones: Purple rectangles are drawn in areas of significantly above-average volume, indicating regions where large market participants (institutional) may be active. These zones are useful for anticipating price movements or order absorption.
Purpose
The indicator was developed to provide a clean and institutional view of the market, combining classic tools (moving averages and support/resistance) with modern liquidity analysis. It is ideal for traders operating swing trading or position trading strategies, allowing to identify:
Short, medium and long-term trends.
Key support and resistance levels to plan entries and exits.
High liquidity zones where institutional orders can influence the price.
Settings
Show EMA 20 (true): Enables/disables the 20-period EMA.
Show SMA 50 (true): Enables/disables the 50-period SMA.
Show EMA 200 (true): Enables/disables the 200-period EMA.
Support/Resistance Period (20): Sets the period for calculating support and resistance levels.
Liquidity Sensitivity (20): Period for calculating the average volume.
Minimum Liquidity Factor (1.5): Multiplier of the average volume to identify high liquidity zones.
How to Use
Moving Averages:
Crossovers between the EMA 20 and SMA 50 may indicate short/medium-term trend changes.
The EMA 200 serves as a reference for the long-term bias (above = bullish, below = bearish).
Support and Resistance: Use the red (resistance) and green (support) lines to identify reversal or consolidation zones.
Liquidity Zones: The purple rectangles highlight areas of high volume, where the price may react (reversal or breakout). Consider these zones to place orders or manage risks.
Adjust the parameters according to the asset and timeframe to optimize the analysis.
Notes
The chart should be configured only with this indicator to ensure clarity.
Use on timeframes such as 1 hour, 4 hours or daily for better visualization of liquidity zones and support/resistance levels.
Avoid adding other indicators to the chart to keep the script output easily identifiable.
The indicator is designed to be clean, without explicit buy/sell signals, following an institutional approach.
This indicator is perfect for traders who want a visually clear and powerful tool to trade based on trends, key levels and institutional behavior.
MestreDoFOMO MACD VisualMasterDoFOMO MACD Visual
Description
MasterDoFOMO MACD Visual is a custom indicator that combines a unique approach to MACD with stochastic logic and simulated Renko-based direction signals. It is designed to help traders identify entry and exit opportunities based on market momentum and trend changes, with a clear and intuitive visualization.
How It Works
Stylized MACD with Stochastic: The indicator calculates the MACD using EMAs (exponential moving averages) normalized by stochastic logic. This is done by subtracting the lowest price (lowest low) from a defined period and dividing by the range between the highest and lowest price (highest high - lowest low). The result is a MACD that is more sensitive to market conditions, magnified by a factor of 10 for better visualization.
Signal Line: An EMA of the MACD is plotted as a signal line, allowing you to identify crossovers that indicate potential trend reversals or continuations.
Histogram: The difference between the MACD and the signal line is displayed as a histogram, with distinct colors (fuchsia for positive, purple for negative) to make momentum easier to read.
Simulated Renko Direction: Uses ATR (Average True Range) to calculate the size of Renko "bricks", generating signals of change in direction (bullish or bearish). These signals are displayed as arrows on the chart, helping to identify trend reversals.
Purpose
The indicator combines the sensitivity of the Stochastic MACD with the robustness of Renko signals to provide a versatile tool. It is ideal for traders looking to capture momentum-based market movements (using the MACD and histogram) while confirming trend changes with Renko signals. This combination reduces false signals and improves accuracy in volatile markets.
Settings
Stochastic Period (45): Sets the period for calculating the Stochastic range (highest high - lowest low).
Fast EMA Period (12): Period of the fast EMA used in the MACD.
Slow EMA Period (26): Period of the slow EMA used in the MACD.
Signal Line Period (9): Period of the EMA of the signal line.
Overbought/Oversold Levels (1.0/-1.0): Thresholds for identifying extreme conditions in the MACD.
ATR Period (14): Period for calculating the Renko brick size.
ATR Multiplier (1.0): Adjusts the Renko brick size.
Show Histogram: Enables/disables the histogram.
Show Renko Markers: Enables/disables the Renko direction arrows.
How to Use
MACD Crossovers: A MACD crossover above the signal line indicates potential bullishness, while below suggests bearishness.
Histogram: Fuchsia bars indicate bullish momentum; purple bars indicate bearish momentum.
Renko Arrows: Green arrows (upward triangle) signal a change to an uptrend; red arrows (downward triangle) signal a downtrend.
Overbought/Oversold Levels: Use the levels to identify potential reversals when the MACD reaches extreme values.
Notes
The chart should be set up with this indicator in isolation for better clarity.
Adjust the periods and ATR multiplier according to the asset and timeframe used.
Use the built-in alerts ("Renko Up Signal" and "Renko Down Signal") to set up notifications of direction changes.
This indicator is ideal for day traders and swing traders who want a visually clear and functional tool for trading based on momentum and trends.
OBV-X| OBV Norm By Momentumtrade Idea By Ziplor traderA unique volume-momentum-based strategy inspired by proprietary OBV dynamics.
This script combines normalized On-Balance Volume (OBV) behavior with adaptive signal filtering mechanisms.
It includes optional filters based on inflection detection and momentum accumulation zones to enhance signal quality.
Key elements include:
Volume-based momentum normalization
Signal line crossover logic
Optional regime filters (acceleration/integration-based)
Dynamic divergence detection
Visual zone overlays for quick market context
Designed for advanced users. Not financial advice.
Further parameters are intentionally obfuscated to preserve the edge.
Range Filter Strategy with ATR TP/SLHow This Strategy Works:
Range Filter:
Calculates a smoothed average (SMA) of price
Creates upper and lower bands based on standard deviation
When price crosses above upper band, it signals a potential uptrend
When price crosses below lower band, it signals a potential downtrend
ATR-Based Risk Management:
Uses Average True Range (ATR) to set dynamic take profit and stop loss levels
Take profit is set at entry price + (ATR × multiplier) for long positions
Stop loss is set at entry price - (ATR × multiplier) for long positions
The opposite applies for short positions
Input Parameters:
Adjustable range filter length and multiplier
Customizable ATR length and TP/SL multipliers
All parameters can be optimized in TradingView's strategy tester
You can adjust the input parameters to fit your trading style and the specific market you're trading. The ATR-based exits help adapt to current market volatility.
Dual Bollinger BandsIndicator Name:
Double Bollinger Bands (2-9 & 2-20)
Description:
This indicator plots two sets of Bollinger Bands on a single chart for enhanced volatility and trend analysis:
Fast Bands (2-9 Length) – Voilet
More responsive to short-term price movements.
Useful for spotting quick reversals or scalping opportunities.
Slow Bands (2-20 Length) – Black
Smoother, trend-following bands for longer-term context.
Helps confirm broader market direction.
Both bands use the standard settings (2 deviations, SMA basis) for consistency. The transparent fills improve visual clarity while keeping the chart uncluttered.
Use Cases:
Trend Confirmation: When both bands expand together, it signals strong momentum.
Squeeze Alerts: A tight overlap suggests low volatility before potential breakouts.
Multi-Timeframe Analysis: Compare short-term vs. long-term volatility in one view.
How to Adjust:
Modify lengths (2-9 and 2-20) in the settings.
Change colors or transparency as needed.
Why Use This Script?
No Repainting – Uses standard Pine Script functions for reliability.
Customizable – Easy to tweak for different trading styles.
Clear Visuals – Color-coded bands with background fills for better readability.
Ideal For:
Swing traders, day traders, and volatility scalpers.
Combining short-term and long-term Bollinger Band strategies.
Dual Pwma Trends [ZORO_47]Key Features:
Dual PWMA System: Combines a fast and slow Parabolic Weighted Moving Average to identify momentum shifts and trend changes with precision.
Dynamic Color Coding: The indicator lines change color to reflect market conditions—green for bullish crossovers (potential buy signals) and red for bearish crossunders (potential sell signals), making it easy to interpret at a glance.
Customizable Parameters: Adjust the fast and slow PWMA lengths, power settings, and source data to tailor the indicator to your trading style and timeframe.
Clean Visualization: Plotted with bold, clear lines (3px width) for optimal visibility on any chart, ensuring you never miss a signal.
How It Works:
The indicator calculates two PWMAs using the imported ZOROLIBRARY by ZORO_47. When the fast PWMA crosses above the slow PWMA, both lines turn green, signaling a potential bullish trend. Conversely, when the fast PWMA crosses below the slow PWMA, the lines turn red, indicating a potential bearish trend. The color persists until the next crossover or crossunder, providing a seamless visual cue for trend direction.
Ideal For:
Trend Traders: Identify trend reversals and continuations with clear crossover signals.
Swing Traders: Use on higher timeframes to capture significant price moves.
Day Traders: Fine-tune settings for faster signals on intraday charts.
Settings:
Fast Length/Power: Control the sensitivity of the fast PWMA (default: 12/2).
Slow Length/Power: Adjust the smoother, slower PWMA (default: 21/1).
Source: Choose your preferred data input (default: close price).
Chess Game🧠 Concept
This script is an experimental chess game simulation built entirely in Pine Script, rendered as an overlay on a trading chart. It does not support interactivity like mouse clicks or real-time move detection, but instead relies on manual inputs to simulate moves and visualize board state.
This was created purely for educational purposes—to test the creative boundaries of Pine Script and explore how far visual scripting can be pushed within the limits of a financial charting tool.
🎯 Goals
Render a full 8×8 chessboard with labeled rows (1–8) and columns (a–h)
Display all pieces using Unicode chess symbols
Allow users to simulate moves using manual input
Validate basic move legality
Display turn status, current move, and instructions
🔧 How It Works
Chessboard Rendering
Uses tabel.new() to display 64 tiles and corresponding pieces.
Light and dark squares alternate based on standard chessboard layout logic ((row + column) % 2).
Pieces
All pieces (white and black) are placed at their initial positions using Unicode characters:
♙ ♖ ♘ ♗ ♕ ♔ for White
♟︎ ♜ ♞ ♝ ♛ ♚ for Black
⚠️ Limitations
Pine Script is not a general-purpose programming language. This game is non-interactive and must be controlled using input.int() and input.bool() for every move.
No click or drag-and-drop functionality.No timers, clocks, or multiplayer.No automated check/checkmate detection (yet!).No visual indication of selected squares (though that could be added with color-coded highlights)
📌 Why I Built This
TradingView is made for charting markets, but I wanted to see how far I could stretch it. Chess is grid-based like many financial charts, so I challenged myself to bring chess logic into Pine Script just for fun and learning.
SMC ICT – Simplified Daily Trend & Reversal AnalyzerThis Pine Script provides a simplified approach to analyzing daily trends and potential reversals using concepts inspired by Smart Money Concepts (SMC) and ICT (Inner Circle Trader).
What It Does:
• Detects daily uptrend and downtrend conditions by comparing the current daily high/low to the previous day’s values.
• Highlights potential bullish or bearish reversal zones when price behavior suggests a shift in sentiment.
• Automatically draws dashed lines for the previous day's high and low.
• Labels these high/low levels for quick visual reference.
How to Use:
Apply this indicator to any timeframe chart. Use the plotted trend markers to assess daily direction and potential reversal signals. The dashed lines (previous high/low) can be used as reference points for liquidity zones or break/retest entries.
User Interface:
The indicator displays labels and shapes in English. This script is intended for educational and trading workflow enhancement purposes.
Note:
This is an open-source tool designed for clarity and basic SMC/ICT application. It is best used in combination with other confluences like FVGs, order blocks, and liquidity sweeps.
Premarket High/Low (Horizontal Rays)=== Script Description ===
This TradingView script automatically detects and displays the high and low prices
during the premarket session (04:00–09:30 Eastern Time) for the current trading day.
It draws horizontal rays that extend across the chart and labels them as "PM High" and "PM Low".
These markers are refreshed daily and only apply to today's session.
The script also provides full customization for:
- Line color, width, and style (solid, dotted, dashed)
- Label text color, background color, size, and style (left, right, up, down)
Time note: This script assumes data aligned with U.S. market hours.
