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Candlestick analysis

GREG NAS KILLER SIGNALShis Pine Script indicator, titled "GREG NAS KILLER SIGNALS," is designed to generate trading signals based on a combination of SuperTrend, Moving Averages (SMAs), and RSI-based candle coloring. It provides entry signals, trend confirmation, and risk management tools to assist traders in identifying potential buy and sell opportunities. Key Features: 1. Signal Generation Uses a modified SuperTrend indicator with adjustable sensitivity. Confirms signals with 8-period and 9-period SMAs for additional trend strength validation. Generates "Buy" / "Strong Buy" and "Sell" / "Strong Sell" labels based on trend conditions. 2. Trend Visualization Trend Ribbon Cloud (optional) using 21-period and 34-period SMAs: Green cloud indicates bullish momentum (21 SMA > 34 SMA). Red cloud indicates bearish momentum (21 SMA < 34 SMA). 3. RSI-Based Candle Coloring Custom RSI-based color gradient (from red to green) to visualize RSI strength: Extreme red (RSI ≤ 20) → Oversold conditions. Extreme green (RSI ≥ 59) → Overbought conditions. Smooth gradient transition helps traders gauge momentum shifts. 4. Risk Management Tools Take-Profit (TP) & Stop-Loss (SL) Levels (optional): 1:1, 2:1, and 3:1 Risk-Reward Ratios displayed as labels/lines. ATR-based Stop Loss (adjustable length and risk %). Customizable line styles (solid, dashed, dotted). 5. Alerts Built-in alert conditions for Buy & Sell signals. Input Settings: Category Parameters Sensitivity Adjusts SuperTrend responsiveness (1-20). Trend Ribbon Toggles the SMA cloud overlay. Risk Management - Show TP/SL levels - ATR-based stop distance - Line style customization RSI Length Default 14-period RSI. How It Works: Buy Signal (Bullish): Triggered when: Price crosses above SuperTrend. Confirmed by price above 13-period SMA. Stronger confirmation if 8 SMA ≥ 9 SMA ("Strong Buy"). Plots a green "Buy" label near recent lows. Sell Signal (Bearish): Triggered when: Price crosses below SuperTrend. Confirmed by price below 13-period SMA. Stronger confirmation if 8 SMA ≤ 9 SMA ("Strong Sell"). Plots a red "Sell" label near recent highs. Risk Management: Stop Loss (SL) = ATR-based distance from entry. Take Profit (TP) = Multiples of risk (1:1, 2:1, 3:1). Usage Recommendations: Best suited for swing trading & trend-following strategies. Combine with volume analysis & higher timeframe confirmation for better accuracy. Adjust sensitivity based on market volatility (higher values = fewer signals, lower values = more signals). Conclusion: This indicator combines trend-following (SuperTrend + SMAs), momentum (RSI coloring), and risk management into a single tool. It helps traders identify high-probability entries while managing risk effectively.
Pine Script® indicator
by MarieBrizard
SP Line (Multi-Timeframe)SP Line (Multi-timeframe) Indicator Introduction SP Line (Multi-timeframe) is a powerful technical analysis indicator designed to identify Swing Points across different timeframes. This indicator can display key support and resistance levels from up to six different timeframes simultaneously on a single chart, helping traders comprehensively understand market structure to develop more thorough trading strategies. By clearly marking high and low swings from different periods, traders can quickly identify key price levels across multiple timeframes, enhancing the accuracy of trading decisions. Key Features Multi-timeframe Analysis: Display swing points from up to six different timeframes simultaneously Color Coding: Each timeframe uses a unique color for easy identification Automatic Touch Detection: Automatically removes lines when price touches the swing point Bullish/Bearish Distinction: Different colors for bullish (low) and bearish (high) swing points Customizable Appearance: Adjustable line length, width, and style (solid, dashed, or dotted) Timeframe Labels: Optional display of timeframe labels to identify the source of each line Performance Optimization: Automatically limits the maximum number of lines per timeframe to ensure smooth chart operation Use Cases Multi-timeframe Support/Resistance Identification: View key price levels from all important timeframes at a glance Trend Confirmation: Confirm market trend direction using swing points from multiple timeframes High-probability Trading Zones: Identify high-probability trading areas when swing points from multiple timeframes cluster in specific regions Trade Planning: Plan trading strategies in advance by determining potential entry points, stop losses, and targets Market Structure Analysis: Assess overall market structure by observing the arrangement of highs and lows across different timeframes Dynamic Support/Resistance: Track touched and untouched support/resistance levels to understand market dynamics Configuration Options Timeframe Settings (1-6): Enable/Disable: Choose whether to display swing points for specific timeframes Timeframe Selection: Choose from multiple timeframes ranging from 1-minute to monthly Color Settings: Customize colors for bullish and bearish swing points for each timeframe Line Settings: Horizontal Line Length: Control how far lines extend to the right (1-400) Line Width: Adjust the thickness of lines (1-5) Line Style: Choose between solid, dashed, or dotted lines Text Settings: Show Timeframe Labels: Display the corresponding timeframe on each line Label Size: Adjust label text size from Tiny to Huge Basic Settings: Maximum Lines Per Timeframe: Limit the maximum number of lines displayed per timeframe (10-100) 使用场景 多周期支撑/阻力识别: 一目了然地查看所有重要时间周期的关键价格水平 趋势确认: 使用多个时间周期的摆动点确认市场趋势方向 高概率交易区域: 当多个时间周期的摆动点聚集在特定区域时，识别高概率交易区域 交易计划制定: 提前规划交易策略，确定潜在的入场点、止损位和目标位 市场结构分析: 通过观察不同周期的高低点排列，判断市场整体结构 动态支撑阻力: 跟踪已被触及和尚未触及的支撑阻力位，了解市场动态变化
Pine Script® indicator
by ak2588
AI Gold Trading IndicatorAI Gold Trading Indicator Unlock smarter trading decisions with the AI Gold Trading Indicator — a powerful tool that combines technical analysis with simulated AI logic. Featuring adaptive buy/sell signals, probability-based insights, and customizable strategy models (Random Forest or Gradient Boosting), this indicator helps you trade with confidence on any timeframe. Perfect for traders who want clarity, precision, and edge in the gold market.
Pine Script® indicator
by rahiminvs
GIGANEVA V6.61 PublicThis enhanced Fibonacci script for TradingView is a powerful, all-in-one tool that calculates Fibonacci Levels, Fans, Time Pivots, and Golden Pivots on both logarithmic and linear scales. Its ability to compute time pivots via fan intersections and Range interactions, combined with user-friendly features like Bool Fib Right, sets it apart. The script maximizes TradingView’s plotting capabilities, making it a unique and versatile tool for technical analysis across various markets. 1. Overview of the Script The script appears to be a custom technical analysis tool built for TradingView, improving upon an existing script from TradingView’s Community Scripts. It calculates and plots: Fibonacci Levels: Standard retracement levels (e.g., 0.236, 0.382, 0.5, 0.618, etc.) based on a user-defined price range. Fibonacci Fans: Trendlines drawn from a high or low point, radiating at Fibonacci ratios to project potential support/resistance zones. Time Pivots: Points in time where significant price action is expected, determined by the intersection of Fibonacci Fans or their interaction with key price levels. Golden Pivots: Specific time pivots calculated when the 0.5 Fibonacci Fan (on a logarithmic or linear scale) intersects with its counterpart. The script supports both logarithmic and linear price scales, ensuring versatility across different charting preferences. It also includes a feature to extend Fibonacci Fans to the right, regardless of whether the user selects the top or bottom of the range first. 2. Key Components Explained a) Fibonacci Levels and Fans from Top and Bottom of the "Range" Fibonacci Levels: These are horizontal lines plotted at standard Fibonacci retracement ratios (e.g., 0.236, 0.382, 0.5, 0.618, etc.) based on a user-defined price range (the "Range"). The Range is typically the distance between a significant high (top) and low (bottom) on the chart. Example: If the high is $100 and the low is $50, the 0.618 retracement level would be at $80.90 ($50 + 0.618 × $50). Fibonacci Fans: These are diagonal lines drawn from either the top or bottom of the Range, radiating at Fibonacci ratios (e.g., 0.382, 0.5, 0.618). They project potential dynamic support or resistance zones as price evolves over time. From Top: Fans drawn downward from the high of the Range. From Bottom: Fans drawn upward from the low of the Range. Log and Linear Scale: Logarithmic Scale: Adjusts price intervals to account for percentage changes, which is useful for assets with large price ranges (e.g., cryptocurrencies or stocks with exponential growth). Fibonacci calculations on a log scale ensure ratios are proportional to percentage moves. Linear Scale: Uses absolute price differences, suitable for assets with smaller, more stable price ranges. The script’s ability to plot on both scales makes it adaptable to different markets and user preferences. b) Time Pivots Time pivots are points in time where significant price action (e.g., reversals, breakouts) is anticipated. The script calculates these in two ways: Fans Crossing Each Other: When two Fibonacci Fans (e.g., one from the top and one from the bottom) intersect, their crossing point represents a potential time pivot. This is because the intersection indicates a convergence of dynamic support/resistance zones, increasing the likelihood of a price reaction. Example: A 0.618 fan from the top crosses a 0.382 fan from the bottom at a specific bar on the chart, marking that bar as a time pivot. Fans Crossing Top and Bottom of the Range: A fan line (e.g., 0.5 fan from the bottom) may intersect the top or bottom price level of the Range at a specific time. This intersection highlights a moment where the fan’s projected support/resistance aligns with a key price level, signaling a potential pivot. Example: The 0.618 fan from the bottom reaches the top of the Range ($100) at bar 50, marking bar 50 as a time pivot. c) Golden Pivots Definition: Golden pivots are a special type of time pivot calculated when the 0.5 Fibonacci Fan on one scale (logarithmic or linear) intersects with the 0.5 fan on the opposite scale (or vice versa). Significance: The 0.5 level is the midpoint of the Fibonacci sequence and often acts as a critical balance point in price action. When fans at this level cross, it suggests a high-probability moment for a price reversal or significant move. Example: If the 0.5 fan on a logarithmic scale (drawn from the bottom) crosses the 0.5 fan on a linear scale (drawn from the top) at bar 100, this intersection is labeled a "Golden Pivot" due to its confluence of key Fibonacci levels. d) Bool Fib Right This is a user-configurable setting (a boolean input in the script) that extends Fibonacci Fans to the right side of the chart. Functionality: When enabled, the fans project forward in time, regardless of whether the user selected the top or bottom of the Range first. This ensures consistency in visualization, as the direction of the Range selection (top-to-bottom or bottom-to-top) does not affect the fan’s extension. Use Case: Traders can use this to project future support/resistance zones without worrying about how they defined the Range, improving usability. 3. Why Is This Code Unique? Original calculation of Log levels were taken from zekicanozkanli code. Thank you for giving me great Foundation, later modified and applied to Fib fans. The script’s uniqueness stems from its comprehensive integration of Fibonacci-based tools and its optimization for TradingView’s plotting capabilities. Here’s a detailed breakdown: All-in-One Fibonacci Tool: Most Fibonacci scripts on TradingView focus on either retracement levels, extensions, or fans. This script combines: Fibonacci Levels: Static horizontal lines for retracement and extension. Fibonacci Fans: Dynamic trendlines for projecting support/resistance. Time Pivots: Temporal analysis based on fan intersections and Range interactions. Golden Pivots: Specialized pivots based on 0.5 fan confluences. By integrating these functions, the script provides a holistic Fibonacci analysis tool, reducing the need for multiple scripts. Log and Linear Scale Support: Many Fibonacci tools are designed for linear scales only, which can distort projections for assets with exponential price movements. By supporting both logarithmic and linear scales, the script caters to a wider range of markets (e.g., stocks, forex, crypto) and user preferences. Time Pivot Calculations: Calculating time pivots based on fan intersections and Range interactions is a novel feature. Most TradingView scripts focus on price-based Fibonacci levels, not temporal analysis. This adds a predictive element, helping traders anticipate when significant price action might occur. Golden Pivot Innovation: The concept of "Golden Pivots" (0.5 fan intersections across scales) is a unique addition. It leverages the symmetry of the 0.5 level and the differences between log and linear scales to identify high-probability pivot points. Maximized Plot Capabilities: TradingView imposes limits on the number of plots (lines, labels, etc.) a script can render. This script is coded to fully utilize these limits, ensuring that all Fibonacci levels, fans, pivots, and labels are plotted without exceeding TradingView’s constraints. This optimization likely involves efficient use of arrays, loops, and conditional plotting to manage resources while delivering a rich visual output. User-Friendly Features: The Bool Fib Right option simplifies fan projection, making the tool intuitive even for users who may not consistently select the Range in the same order. The script’s flexibility in handling top/bottom Range selection enhances usability. 4. Potential Use Cases Trend Analysis: Traders can use Fibonacci Fans to identify dynamic support/resistance zones in trending markets. Reversal Trading: Time pivots and Golden Pivots help pinpoint moments for potential price reversals. Range Trading: Fibonacci Levels provide key price zones for trading within a defined range. Cross-Market Application: Log/linear scale support makes the script suitable for stocks, forex, commodities, and cryptocurrencies. The original code was from zekicanozkanli . Thank you for giving me great Foundation.
Pine Script® indicator
by AutomatedTradingAlgorithms
SMA JJE CryptoSMA JJE Crypto is a technical indicator that calculates and displays three simple moving averages (SMA 50, SMA 100, and SMA 200) – including color-coded trend direction and a clean trend summary panel at the top right of the chart. Features: ✅ Dynamic SMA lines (50 / 100 / 200) ✅ Color-coded logic:   🟢 Green = Price above the SMA → Bullish   🔴 Red = Price below the SMA → Bearish ✅ Clean table with trend status for each SMA ✅ Overall trend calculation:   • Shows "Bullish" if 2 out of 3 SMAs are bullish   • Shows "Bearish" if 2 or more SMAs are below price ✅ Optimized for all markets (Crypto, Forex, Stocks) Usage: Use this indicator to quickly understand market structure, identify potential long/short zones, and visually confirm trends. Created by: JJE / For the TradingView Community 🧠💥 Version: 1.0
Pine Script® indicator
by JoelEren
Al Brooks H1 L1 Signal Bars v2.0Al Brooks H1/L1 Signal Bars v2.0 Apologies, the first version somehow breached the house rules. This indicator is inspired by Al Brooks-style signal bars: H1, H2, L1, L2 . It helps traders identify potential turning points using bar-by-bar price action, based on the idea of counting signal attempts after opposing bars. Due to the limitations of hard coding, you will need to define what you consider to be a valid signal. What Are H1, H2, L1, and L2? These labels are not indicators of signal strength — they represent the number of attempts by bulls or bears to reverse the market: • H1 (High 1) : First bullish signal after one or more bear bars. • H2 (High 2) : Second bullish signal attempt after two bear legs or setups. • L1 (Low 1) : First bearish signal after one or more bull bars. • L2 (Low 2) : Second bearish signal attempt after two bull legs or setups. These patterns often form in trending or range-bound markets, where the second signal (H2 or L2) can have higher probability due to trapped traders or failed first reversals. This indicator automatically tracks and labels these patterns based on customizable logic, including bar strength, breakout behavior, and sequence filtering. --- SETTINGS OVERVIEW --- Bullish Signal Logic • Bull Strength Threshold : Defines how close the bar must close to the high to count as strong. Lower = stricter. (0.1 means the bar must close within 10% of the high) • Bull Signals When Close Above Prior Highs : Only allow signals when close breaks above prior high. • Bull Close Signals : Optionally allow signals if close is above previous close (even without breaking high). • Min Bear Count for Signal : Require this many prior bear signals before confirming a bull signal. • Bullish Signal Color : Color used for H1/H2 labels. Bearish Signal Logic • Bear Strength Threshold : Defines how close the bar must close to the low to count as strong. Lower = stricter. • Bear Signals When Close Below Prior Lows : Only allow signals when close breaks below prior low. • Bear Close Signals : Optionally allow signals if close is below previous close (even without breaking low). • Min Bull Count for Signal : Require this many prior bull signals before confirming a bear signal. • Bearish Signal Color : Color used for L1/L2 labels. Opposing Bar Conditions These settings define what counts as a valid setup (leg) before a signal bar can be generated. • Prior Bar Lookback : How many bars to scan backward for opposite-direction bars. • Min Opposing Bars Required : How many bull or bear bars must be found before a signal is allowed. • Require Consecutive Opposing Bars : If true, opposing bars must appear in a row; otherwise, they can appear anywhere in the lookback window. Signal Bar Counting Logic Each valid signal increments a counter: • H1 → H2 → H3... when consecutive bullish signals follow bearish legs • L1 → L2 → L3... when consecutive bearish signals follow bullish legs The counter resets when an opposite signal appears. This allows you to visually follow the flow of attempts by buyers or sellers in real time. Label Display • Show H/L Labels : Display signal labels like “H1”, “L2”, “H2 + MDB”, etc. • Signal types include special annotations: – + MDB = Micro Double Bottom – + MDT = Micro Double Top – + OO = Outside-Outside Bar • All labels can be used to set TradingView alerts for real-time notifications. Alerts This indicator includes built-in alert conditions so you can get notified of potential setups without watching the screen. • Alert on H1/H2 (bullish) signal bar • Alert on L1/L2 (bearish) signal bar • Alert on Micro Double Bottom / Top • Alert on Outside-Outside Bars Use this indicator to enhance your discretionary or semi-automated trading workflow using Al Brooks-style price action reading, with full control over signal logic, bar strength, and pattern validation.
Pine Script® indicator
by Agedvagabond
Bar Painting [iFarsheed] Bar Painting Overview: The "Bar Painting " indicator is designed for traders who follow price action strategies inspired by Al Brooks. This tool colors candles on your chart, making it easy to identify different candle types like trend bars, dojis, and pin bars without complex calculations. By simply observing the colors, you can quickly understand market dynamics. Features: Candle Coloring: Bullish (up) and bearish (down) trend bars are highlighted in distinct colors for easy recognition. Candles that do not fit these patterns appear in the default chart color, indicating they do not represent significant moves. Visual Clarity: The color coding provides a quick visual reference, allowing you to grasp market conditions at a glance. No Calculations Required: You don’t need to perform any calculations; just look at the colors to understand the strength of the market. How to Use: Customize Settings: Adjust the colors of trend bars to ensure they contrast well with your chart background for improved visibility. Use the settings to choose which candle types you want to highlight based on your trading preferences. Analyze Candle Patterns: Look at the colored candles to quickly identify trend bars, dojis, and pin bars that may signal potential market movements. Informed Decision Making: Use the highlighted candle patterns to assist in making trading decisions, such as identifying possible entry and exit points. Important Note: This coloring scheme is optimized for light mode charts. In dark mode, the colors may not display correctly. To ensure proper color display, please set the visual order of the indicator to "Bring to Front." Future Updates: This indicator is an initial version, and more features will be added in the future. If you have any suggestions or feedback, please feel free to share your thoughts in the comments section of the indicator. Good luck with your trading! -iFarsheed-
Pine Script® indicator
by iFarsheed
网格交易v1.0### Strategy Function Overview **Grid Trading Framework:** - Set up 11 grid buy levels evenly distributed between `maxPrice` and `minPrice`. - Fund allocation increases progressively with each lower grid level (weights 1–11), resulting in more buying at lower prices. - The grid range is controlled by the `range1` parameter (default: -10%). **Semi-Final and Final DCA (Dollar-Cost Averaging) Buys:** - A larger buy order is triggered when the price drops to the `semifinal` level (default: -12%). - The largest buy order is triggered when the price drops to the `final` level (default: -15%). **Take-Profit Mechanism:** - **Primary Take-Profit:** All holdings are sold for profit when the average entry price rises by `tp%`. - **First Order Trailing Take-Profit:** If only the first order has been executed, a dynamic trailing take-profit is set based on ATR. **Visualization Elements:** - **Grid Lines and Labels:** Show the price and quantity at each buy level. - **Price Lines:** Indicate the highest grid price, the current average entry price, and the take-profit target. - **Event Markers:** Flag for start time, 🛑 for semi-final trigger, and 🚀 for final trigger.
Pine Script® strategy
by ikoooot
1
Uptrick: Z-Score FlowAccording to author @Uptrick: Uptrick: Z-Score Flow is a technical indicator that integrates trend-sensitive momentum analysis with the mean-reversion logic derived from Z-Score calculations. Its primary objective is to identify market conditions where price has deviated too far from its mean (overbought or oversold) or is within a statistically "normal" range, and then compare this observation with trend direction and RSI-based momentum signals. The result is a more contextual approach to trade entry and exit, prioritizing precision, clarity, and adaptability across different market regimes. Introduction: Financial instruments frequently shift between trending modes, where price extends strongly in one direction, and ranging modes, where price oscillates around a central value. A simple statistical measure like Z-Score can identify price extremes by comparing the current price to its historical mean and standard deviation. However, these extremes alone can be misleading if the overall market structure exhibits a strong trend. Uptrick: Z-Score Flow seeks to close this gap by combining Z-Score with an exponential moving average (EMA) trend filter and a smoothed RSI momentum check, thereby filtering out signals that contradict the prevailing market environment. Objective: The purpose of this script is to help traders identify mean reversion opportunities and trend-based pullbacks in a statistically sound manner, while still taking overall price action into account. By combining Z-Score thresholds with support conditions, the script reduces the likelihood of acting on random price rises or falls and instead focuses on significant movements within historical and current contextual frameworks. Originality and Uniqueness: Layered Signal Check: Signals require compliance with multiple layers (Z-Score extreme, EMA trend skew, and RSI momentum stance) rather than simply exceeding a statistical threshold. RSI Zone Lock: Once the RSI enters an overbought/oversold zone and triggers a signal, the script blocks subsequent signals until the RSI recovers above or below those zones, limiting consecutive triggers. Controlled Cooldown: A dedicated cooldown mechanism ensures that the script waits a specific number of bars before issuing a new signal in the opposite direction. Gradient-Based Visualization: The distinct gradient fills between the price and the Z-Mean line improve readability, showing at a glance whether the price is trading above or below its statistical mean. Comprehensive Metrics Panel: An optional table on the chart summarizes key Z-Score metrics, streamlining the process of verifying current statistical extremes, average levels, and momentum directions. Why were these indicators merged? Z-Score metrics are excellent for identifying when the price deviates from its mean, but they don't intrinsically reveal whether the market's trajectory supports a reversal or whether the price could continue its trend. The EMA, commonly used to detect trend direction, offers valuable insight into whether the price is predominantly upward or downward. However, relying solely on a trend filter overlooks the intensity of price movements. The RSI adds a specific measure of momentum, helping to confirm whether market energy aligns with a potential reversal (e.g., the price is statistically low, but the RSI suggests imminent bullish momentum). By combining these three perspectives (Z-score for statistical context, the EMA for trend direction, and the RSI for momentum strength), the script offers a more comprehensive and adaptable system, aiming to avoid false positives caused by focusing on a single aspect of price behavior. Calculations The main calculation begins with a simple moving average (SMA) of the price over zL bars, called the base. The script then calculates the standard deviation of the price in the same window. Dividing the difference between the current price and the base price by this standard deviation gives the Z-score, which indicates how many standard deviations the price is from its mean. A positive Z-score indicates that the price is above its mean. A negative reading indicates the opposite.
Pine Script® indicator
by Apicode
NY Opening Candle High Low in 1-Minute ChartThis indicator operates based on the New York time frame, and you can trade the first two or three signals on the 1 or 5-minute time frames. Whenever you receive a signal, place your stop loss behind the previous candle and wait for a risk-to-reward ratio of two or three. The win rate of this indicator is between 45% to 55%. I hope you have a profitable experience and find this indicator beneficial. Sincerely, Hassan Sadeghi Rashed
Pine Script® indicator
by hassansadeghirashed
1
High/Low Day + OperacionaisThis TradingView indicator plots the high and low of the current trading day with solid horizontal lines and corresponding labels. Additionally, it offers the option to display two sets of dashed horizontal lines based on user-defined distances from the day's high and low. **Key Features:** * **Current Day's High and Low:** Clearly marks the highest and lowest price reached so far during the current trading day with solid green and red lines, respectively, accompanied by "High Day" and "Low Day" labels. * **Operational Levels:** Provides two independent operational setups with customizable distances and visibility: * **Operational 01:** Plots a pair of dashed lines at a specified positive distance above the day's high and a negative distance below the day's low. This is configured using the "Distância Op. 01 (Pontos)" and "Mostrar Op. 01 (+/- Distância)" settings, with a customizable color ("Cor Op. 01"). * **Operational 02:** Plots another pair of dashed lines at a specified negative distance below the day's high and a positive distance above the day's low. This is configured using the "Distância Op. 02 (Pontos)" and "Mostrar Op. 02 (-/+ Distância)" settings, with a customizable color ("Cor Op. 02"). * **Customizable Distances:** Users can independently define the distance in points for each operational setup. * **Individual Visibility:** Users can choose to show or hide each operational setup independently. * **Color Options:** Users can customize the color of the dashed lines for each operational setup. * **"Show Current Day Lines" Toggle:** A simple option to turn the display of the current day's high and low lines and labels on or off. **How it Works:** The indicator detects the start of a new trading day based on the chart's timeframe. It then tracks the highest and lowest prices reached within that day. The solid lines and labels for the day's high and low are updated dynamically as new highs or lows are made. The dashed lines for each operational level are calculated based on the configured distances from the current day's high and low and are also updated in real-time.
Pine Script® indicator
by EduWarlock
alademy-target-stoploss ## 🟩 **اسم المؤشر: الأديمي – Al-Ademy Indicator** ### 📌 **وصف المؤشر:** مؤشر **"الأديمي"** هو أداة فنية ذكية مستلهمة من منهجية **فيبوناتشي**، تم تطويرها خصيصًا لتحديد **مناطق الدعم والمقاومة بدقة عالية**، مع إضافة منطق مخصص لتفاعل الشموع مع تلك المناطق. يتميز المؤشر بكونه: - ✅ يعمل بشكل **تلقائي بالكامل** في رسم خطوط الأهداف والتعزيزات ووقف الخسارة. - ✅ مُصمَّم ليعمل بكفاءة أعلى عند استخدام **شموع Heikin Ashi** (لا يُنصح باستخدام الشموع العادية). - ✅ يناسب جميع الفريمات والزمنيات (من الدقيقة حتى الشهري). --- ### 🔍 **طريقة عمل المؤشر:** - يرسم المؤشر: - **6 خطوط أهداف صعودية** (تظهر باللون الأخضر تدريجيًا). - **6 خطوط تعزيز/وقف خسارة** للهبوط (تظهر باللون الأحمر أو حسب الإعدادات). - يعتمد على تحليل سلوك **الانعكاس الحقيقي** للسعر، لتحديد توقيت رسم الخطوط بدقة. --- ### 🎯 **آلية الدخول والخروج:** #### ✅ للدخول في صفقة شراء: - انتظر **إغلاق شمعة Heikin Ashi فوق الخط الأول** من خطوط الأهداف. - يعتبر ذلك إشارة صعود قوية. #### 🎯 الأهداف: 1. الخط الثاني = الهدف الأول. 2. الخط الثالث = الهدف الثاني. 3. الخط الرابع (أخضر غامق) = الهدف الثالث والمقاومة الأقوى. 4. الخط الخامس = "منطقة التشبع"، احذر من الانعكاس. #### ❌ للهبوط: - يبدأ الهبوط عند **إغلاق شمعة Heikin Ashi حمراء تحت خط التعزيز الأول**. - يتم اعتبار كل خط لاحق كمنطقة تعزيز واحتمال انعكاس إلى الأسفل. --- ### ⚙️ **مميزات المؤشر:** - 🔁 يرسم الخطوط تلقائيًا حسب حركة الشموع والانكاسات. - 🎨 قابل للتخصيص: - تغيير الألوان. - تعريض الخطوط. - تحريك الخطوط يمينًا ويسارًا. - 🔔 يدعم التنبيهات عند تجاوز أي خط (طلوع أو نزول). - 🟢 يظهر **أسهم خضراء** عند اختراقات صاعدة، و🔴 **أسهم حمراء** عند الاختراقات الهابطة. - 💯 يتكامل بسهولة مع مؤشرات مثل RSI لتأكيد نقاط الدخول والخروج. --- ### 📞 **التجربة والاشتراك:** للاشتراك في المؤشر والحصول على تجربة مجانية: 📲 **تواصل عبر واتساب** 🧑‍💻 الاسم: **أسامة الأديمي** 📱 الرقم: `00967781924379` --- ### ✨ ملاحظة: > المؤشر لا يقدم إشارات مضمونة 100%، لكن يعتمد على منطق فني مدروس بدقة عالية. ننصح باستخدام أدوات تحليل إضافية لتعزيز القرار. --- ## 🟩 **Indicator Name: Al-Ademy Indicator** ### 📌 **Overview:** The **Al-Ademy Indicator** is a powerful technical tool inspired by the concept of **Fibonacci-based support and resistance levels**, but with several key enhancements. Unlike traditional methods, this indicator: - ✅ Automatically draws all relevant levels based on **real-time candle movement**. - ✅ Works **best with Heikin Ashi candles** for cleaner signals (not recommended with standard candles). - ✅ Is compatible with **all timeframes**, from 1-minute to monthly. --- ### 🔍 **How It Works:** The indicator dynamically plots: - **6 Target Lines** (uptrend targets – usually green). - **6 Support/Stop Lines** (used for downtrend support or stop-loss zones). It tracks price action to detect **true trend reversals**, placing lines only when a shift in direction is confirmed. --- ### 🎯 **Trade Signals – Entry & Exit:** #### ✅ **For Long Entries:** - Wait for a **Heikin Ashi candle to close above the first target line**. - This is considered a strong bullish confirmation. #### 🎯 **Target Levels:** 1. **2nd Line** = First Take Profit. 2. **3rd Line** = Second Take Profit. 3. **4th Line (Dark Green)** = Final Target / Major Resistance. 4. Above the final line = Caution Zone (high chance of pullback). #### ❌ **For Short Entries:** - Watch for a **Heikin Ashi red candle to close below the first support line**. - This often signals the beginning of a bearish trend. - The following support lines serve as re-entry or stop-loss zones. --- ### ⚙️ **Key Features:** - 🔁 **Auto-leveling** based on market structure and reversal detection. - 🎨 **Full customization**: - Change colors. - Adjust line thickness. - Shift lines left/right via settings. - 🔔 **Alert support** for line breakouts (both up and down). - 🟢 Green arrows for bullish breaks / 🔴 Red arrows for bearish breaks. - 📊 Designed to work well with **RSI** and other oscillators for signal confirmation. --- ### 📞 **Trial & Subscription:** Want to try it out? 📲 Contact via **WhatsApp** for a free trial and subscription details: 👤 Name: **Osama Al-Ademy** 📞 Number: `+967781924379` --- ### ⚠️ **Disclaimer:** > The Al-Ademy Indicator provides highly reliable signals, but no strategy is 100% accurate. Use it in combination with other technical tools and sound risk management. ---
Pine Script® indicator
by osamaalademy
2
Change of Character FanChange of Character Fan Overview The Change of Character Fan is designed to help traders detect shifts (changes of character) in market direction and sentiment before they become fully visible through traditional candlestick analysis. Instead of relying solely on the shape or close of candlesticks, this indicator offers a direct, real-time look at the internal price action occurring within a single bar. This visibility into intrabar dynamics can potentially allow traders to enter or exit trades earlier, minimize false signals, and reduce their dependence on multiple lower-timeframe charts. How it Works: The indicator plots a "fan" consisting of five distinct slope lines within the current bar. Each line represents the internal trend of price movement based on user-defined lower timeframe data intervals. By default, these intervals are set to 3, 5, 8, 13, and 21 samples from 1-second timeframe data. Each line only appears when it has collected the minimum required number of intrabar data points. The fan lines use a progressive opacity scale (lighter to darker), visually highlighting the confidence level or probability of directional continuation within the current bar. At the open of every new bar, the fan disappears completely and gradually reappears as new data is gathered, ensuring clarity and eliminating outdated signals. Understanding the Mathematics: Linear Regression Model This indicator is built around the concept of a linear regression model. Linear regression is a statistical technique used to model and analyze relationships between variables—in this case, time (independent variable) and price (dependent variable). How Linear Regression Works: Linear regression fits a straight line (called a "line of best fit") through a set of data points, minimizing the overall distance between each point and the line itself. Mathematically, this is achieved by minimizing the squared differences (errors) between the observed values (actual prices) and the predicted values (prices on the line). The linear model used here can be expressed in the form: y = mx + b where: 𝑦 y is the predicted price, 𝑥 x represents time (each data sample interval), 𝑚 m is the slope of the line, representing the direction and velocity of the trend, 𝑏 b is the intercept (the theoretical price when x=0). Why a Linear Model is Beneficial in this Indicator: Simplicity and Reliability: Linear regression is simple, robust, and widely accepted as a baseline predictive model. It requires minimal computational resources, providing instant updates in real-time trading conditions. Immediate Directional Feedback: The slope derived from linear regression immediately communicates the directional tendency of recent price action. A positive slope indicates upward pressure, and a negative slope signals downward pressure. Noise Reduction: Even when price fluctuations are noisy or erratic, linear regression summarizes overall direction clearly, making it easier to detect genuine directional shifts (change of character) rather than random price noise. Intrabar Analysis: Traditional candlestick analysis relies on fully formed candles, potentially delaying signals. By using linear regression on very short-term (intrabar) data, traders can detect shifts in momentum more quickly, providing an earlier signal than conventional candle patterns alone. Practical Application: This indicator helps traders to visually identify: Early Trend Reversals: Intrabar analysis reveals momentum shifts potentially signaling reversals before they become obvious on conventional candles. Momentum Continuations: Confidence is gained when all lines in the fan are clearly pointing in the same direction, indicating strong intrabar conviction. Reduced False Signals: Traditional candlestick signals (e.g., hammer candles) sometimes produce false signals due to intrabar noise. By looking directly into intrabar dynamics, traders gain better context on whether candle patterns reflect genuine directional change or merely noise. Important Requirements and Recommendations: Subscription Requirements: A TradingView subscription that supports sub-minute data (e.g., 1-second or 5-second resolution) is strongly recommended. If your subscription doesn't include this data granularity, you must use a 1-minute lower timeframe, significantly reducing responsiveness. In this scenario, it's best suited for a 15-minute or higher chart, adjusting intervals to shorter periods. Live Data Essential: Real-time market data subscription is essential for the accuracy and effectiveness of this indicator. Using delayed data reduces responsiveness and weakens the indicator's primary advantage. Recommended Settings for Different Chart Timeframes: 1-minute chart: Use 1-second lower timeframe intervals (default intervals: 3, 5, 8, 13, 21). 5-minute chart: Adjust to a 5- or 10-second lower timeframe, possibly reducing intervals to shorter periods (e.g., 3, 5, 8, 10, 12). 15-minute or higher charts: Adjust lower timeframe to 1-minute if granular data is unavailable, with reduced interval lengths to maintain responsiveness. Conclusion: The Change of Character Fan empowers traders with early insight into directional shifts within each candle, significantly enhancing reaction speed, signal accuracy, and reducing dependency on multiple charts. Built on robust linear regression mathematics, it combines clarity, responsiveness, and ease-of-use in a powerful intrabar analysis tool. Trade smarter, see sooner, and react faster.
Pine Script® indicator
by garysebastianbrowniii
Liquidity Grab by ernesto[Crypto] ¿ What happens by default? Liquidity Grabs Flux Charts usually: Detect the liquidity grab when the price breaks a recent high or low. Confirm the volume after the candle closes, to ensure it was a real grab. ⏳ This creates a small delay (1 candle or less). ✅ What can you do to keep the alert as live as possible? Option 1: Activate real-time alerts Right-click on the chart. Choose "Add alert." Under condition, look for something like: Liquidity grab detected Volume Spike (if the script allows it) Enable the "Only once per forming bar" option. 🎯 This causes the alert to trigger as soon as the event begins to form, without waiting for the candle to close.
Pine Script® indicator
by Ernesto1717
Session Breakouts & Trend Indicator# Session Breakouts & Trend Indicator This indicator identifies high-probability trading opportunities by tracking key intraday sessions and their breakouts while aligning them with the overall market trend direction. ## What Makes This Indicator Unique Unlike standard breakout indicators that only identify when price crosses a threshold, this indicator: - Dynamically identifies and tracks important daily sessions (default: AM 09:00-10:00 and PM 15:00-16:00) - Determines trend direction using a triple EMA system (20/50/200) - Shows when breakouts align with the overall trend (higher probability setups) - Provides visual confirmation with session ranges, breakout levels, and background highlighting - Includes a comprehensive information panel showing trend/session alignment ## How It Works The indicator tracks two important daily sessions: 1. **AM Session**: Typically the first hour of trading (default: 09:00-10:00) 2. **PM Session**: Typically the last hour of trading (default: 15:00-16:00) For each session, it: - Marks the high and low range - Establishes breakout levels above/below these ranges - Detects when price breaks beyond these levels - Determines if the breakout aligns with the prevailing trend The trend is calculated using three EMAs (20, 50, 200) for reliable trend identification. ## How To Use 1. Apply the indicator to your chart (works best on 5-minute timeframes) 2. Adjust session times to match your trading schedule if needed 3. Watch for breakouts above session highs (bullish) or below session lows (bearish) 4. Check the information panel to see if the breakout aligns with the trend 5. Enter trades in the direction of trend-aligned breakouts for higher probability setups 6. Set stop losses below the opposite side of the session range ## Settings - **Session Times**: Customize AM and PM session times - **EMA Lengths**: Adjust trend determination sensitivity - **Visualization Options**: Toggle display of sessions, breakouts, and VWAP - **Alert Settings**: Configure alerts for breakouts and trend-aligned conditions This indicator is valuable for day traders and swing traders looking for objective entry points with higher probability of success.
Pine Script® indicator
by patrickamp