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Engulfing Sweeps - Milana TradesEngulfing Sweeps The Engulfing Sweeps Candle is a candlestick pattern that: 1)Takes liquidity from the previous candle’s high or low. 2)Fully engulfs previous candles upon closing. 3)Indicates strong buying or selling pressure. 4)Helps determine the bias of the next candle. Logic Behind Engulfing Sweeps If you analyze this candle on a lower timeframe, you’ll often see popular models like PO3 (Power of Three) or AMD (Accumulation – Manipulation – Distribution). Once the candle closes, the goal is to enter a position on the retracement of the distribution phase. How to Use Engulfing Sweeps? Recommended Timeframes: 4H, Daily, Weekly – these levels hold significant liquidity. Personally, I prefer 4H, as it provides a solid view of mid-term market moves. Step1 - Identify Engulfing Sweep Candle Step 2-Switch to a lower timeframe (15m or 5m).And you task identify optimal trade entry Look for an entry pattern based on: FVG (Fair Value Gap) OB (Order Block) FIB levels (0/0.25/0.5/ 0.75/ 1) Wait for confirmation and take the trade. Automating with TradingView Alerts To avoid missing the pattern, you can set up alerts using a custom script. Once the pattern forms, TradingView will notify you so you can analyze the chart and take action. This approch helps me be more freedom
Pine Script™ indicator
by MilanaArsenovna
WT Strategy Level 2version 1.0 进场（开仓） 金叉 + 超卖区 → 进 多单 死叉 + 超买区 → 进 空单 持仓时的止盈止损 止盈 50% 仓位 → 固定 ATR 目标止盈。 50% 仓位 → 移动止盈（跟随趋势）。 止损 移动止损（Trailing SL） → 随着价格上升调整止损位置，防止盈利回撤。 反向信号出现时 不会直接反转做空/做多。 先平掉当前仓位，然后 等待下一个交易信号确认才进场。
Pine Script™ strategy
by wangwangxuanbei
D'Trade&Chill - SMC V2.01-1Price action and supply and demand is a key strategy use in trading. We wanted it to be easy and efficient for user to identify these zones, so the user can focus less on marking up charts and focus more on executing trades. This indicator shows you supply and demand zones by using pivot points to show you the recent highs and the recent lows. Features This indicator includes some features relevant to SMC , these are highlighted below: Full internal & swing market structure labeling in real-time Swing Structure: Displays the swing structure labels & solid lines on the chart (BOS). Supply & demand ( bullish & bearish ) Swing Points: Displays swing points labels on chart such as HH, HL, LH, LL. Options to style the indicator to more easily display these concepts White OB (supply): search for short opportunities Blue OB (demand): search for long opportunities Break of structure ( BOS ) For markets to move up and down a break in market structure must occur. A break in market structure occurs when the market begins to shift direction and break the previous HH and HL or HL and LL of the market. We also integrated the feature that you can see the BOS lines. In the indicator settings you can adjust the color of the label. Copy từ tác giả FluidTrades - SMC Lite . Cảm Ơn tác giả đã có 1 chỉ báo tuyệt vời. Settings SwingHigh/Low Length: Allows the user to select Historical (default) or Present, which displays only recent data on the chart. Supply/demand box width: Allows user to change the size of the supply and demand box History to keep: allows the user to select how many most recent supply & demand box appear on the chart. Visual settings Show zig zag : allow user to see market patters within the market Show price action labels: allow user to turn on/off the (swing points) Supply box color : allow users to change the color of their supply box Demand box color : allow users to change the color of their supply box Bos label color : allow users to change the color of their BOS label Poi label color : allow user to change the color of their POI label Price action label : allow users to change the color of their swing points labels Zig zag color : allow users to change the color of the zig/zag market patters Warning Never blindly take a trade on a supply/demand box - wait for a proper market structure to occur before considering a trade
Pine Script™ indicator
by chardborthtm221224
AE64 ProfitОписание индикатора "Ae64 Profit" 🚀 Этот индикатор создан для прогнозирования цен на основе линейной регрессии, объема, машинного обучения и анализа волатильности. Он идеально подходит для трейдеров, которые ищут точки входа и выхода с высокой вероятностью успеха. 🔹 Функции: ✅ Прогнозирование цены на основе исторических данных ✅ Динамический риск-менеджмент через Greed & Safe Greed Mode ✅ Сигналы Buy/Sell с учетом RSI и силы движения ✅ Расчет TP и SL уровней для защиты капитала ✅ Гибкая настройка агрессивности торговли 📈 Кому полезен? Этот индикатор подходит интрадей и среднесрочным трейдерам, работающим с волатильными активами.
Pine Script™ indicator
by ae_ce
DTFX Time Based RangesThis indicator is based on the DTFX video "Time Based Ranges" by Dave Teaches. It marks out the 9am (or whatever hour you choose) hourly candle and extends a box with an initial color of gray (or whatever you set it to). Once there is an hourly close above or below the box it will change the color to indicate the bias of the 9am candle range. You are able to set in the settings a mitigation % of the box. That is, how far retracement must occur into the box before it stops extending the box. You can also select if simply a wick past the set mitigation level is required or if a full hourly closed candle past the mitigation level is required. 30,50,70 lines are plotted on each box, but are able to be turned on or off in the settings. **Please keep in mind that if you are on a low timeframe, there are "less bars back" available to be worked with than if you are on a higher time frame. My suggested use for this indicator is to load it on the 1hr timeframe, manually mark out boxes and levels you are interested in or believe price will likely interact with, and then turn the indicator off for the day.** This indicator does nothing that can not be done by hand. It just helps you do it slightly faster and possibly catch something you may miss manually. Enjoy.
Pine Script™ indicator
by air360
4
Waves and Harmonic Patterns by BULL┃NETThe B | N WAHA (Waves and Harmonic Patterns by BULL | NET) indicator provides traders using CFD brokers with the most significant price and time events from the stock exchange of the underlying original index or security. For example traders are able to easily identify the price at the Daily Open and Close time of up to three additional stock exchanges. Traders can choose from a huge list of options including the values from the current and previous Day, Week, Month and Year. In addition traders can enable the display of the Expected Move by either implied or historical volatility. The indicator can show Open Gaps (gap between close and open of two trading sessions) also which traders would usually see only on the original chart of an index or security. The B | N WAHA indicator can help traders to make better entry decisions based on the real market sessions. █  ⚠️ DISCLAIMER – READ BEFORE YOU USE ⚠️ █  FEATURES — PATTERN OPTIONS ● Deviation for ratio calculation Any pattern has a unique set of ratios for different retracements. In a perfect world each ratio would be hit exactly. But the stock market is far from perfect and especially in volatile markets ratios have to be adjusted. The default is 5%. The maximum is 10% ● (Name of pattern) The list of patters recognized will grow with new versions of the indicator. The settings for each pattern are the same. Each available pattern will be recognized and drawn by default. If you disable the checkbox in front of the pattern name the indicator will ignore this pattern completely no matter if another checkbox for this pattern is active. ● Developing As soon as a new possible pattern is recognized, the indicator will draw a label at the starting point (0, A or X) of the pattern. For the indicator “possible” means there is only the last point missing, which is D in case of ABCD and XABCD patterns. Once the last point has reached the completion price range, the indicator will draw the pattern. If you enable this checkbox the indicator will draw a zickzack line between the already existing points. ● Projection If there is a new possible pattern the indicator will draw a projection box to indicate the price range where the final point has to be located for completion of the pattern. Don’t confuse this with a buy or sell signal! The appearance of the box doesn’t tell anything about the chance of a pattern to get completed. It simply tells you that the price has to reach the box and to retrace within the box to form a valid pattern. This allows you to prepare a strategy if the price hits the box. If you disable the checkbox no box will be drawn. ● History For backtesting or learning purpose you can display all historical occurrences of a pattern. Best practice is to disable all other patterns and enable the history checkbox only together with the checkbox of the patten name. — PIVOPOINT OPTIONS To identify patterns you need pivot points. True high and lows in the chart. If you use B | N GABO or B | N DESC you already know about this concept. The indicator is using three different levels of pivot points in parallel for better detection of patterns. ● Level 1 This is the fast running pivot level. You can choose from 2 to 4. Default is 3. ● Level 2 This is the pivot level with medium pace. Selectable levels are 5 to 9. Default is 5. ● Level 3 This is the slow running pivot level. The minimum level is 10, the maximum is 20. The default is 15. ● Pivotpoints By default pivot points are not displayed on the chart because this ads a lot of noise. For backtesting and learning purposes you can enable this option. ● Label ● Text ● Size This three settings define the appearance of the pivot points. — HARMONIC PATTERN OPTIONS The settings in this section control how the zickzack line of a pattern gets drawn on the chart. The settings for bullish and bearish pattern are identical. ● Show bullish/bearish pattern By default both types of patterns are drawn on the chart. For backtesting or learning purpose you can disable it. ● Line The color of the zickzack lines. ● ABC The line style to connect points A, B and C. ● CD The line style to connect points C and D. ● (Line Width) The width of lines ABC and CD. ● Label The color of the label for a completed pattern. This label marks starting point. ● Developing The color of the label while a pattern is developing. ● Text The color of the text in the label. ● (Text size) The size of the text. — HARMONIC PATTERN LABEL OPTIONS The label which marks the start of a pattern can contain multiple information. To reduce noise on the chart you can disable each information separately. If you disable them all, the label will display the designation of the pattern starting point, e.g. “A” for an ABCD or “X” for an XABCD. ● Title The title identifies the type of pattern. E.g. a possibly developing ABCD pattern will display ABC at the beginning to denote the point A, B and C have been detected. If this pattern completes the title would change to ABCD in case of a standard ABCD pattern or to AB=CD if the pattern matches all criteria needed for this ‘perfect’ type of ABCD. ● Number Each pattern carries a unique number needed to identify the projection and targets in case there are multiple patterns in parallel. ● Ratio First this is the retracement level of point C from point B toward point A. It is the decimal value of the percentage. In a perfect world this would be 0.618 (61.8%). In volatile markets this can be as low as 0.382 and as high as 0.786. If Ratio is enabled BD ratio will get displayed as well once point D is about to complete a ABCD pattern. ● Tooltip Enabled by default the tooltip shows all the information and more if you hover the mouse pointer over the label. ● Perfect If the pattern is formed “perfect” it will change its color to denote a possibly strong trend reversal. E.g. a perfect AB=CD is formed if the time and price difference between A and B is equal to the time and price difference between C and D. The calculation contains a 5% deviation to reflect usual market conditions. — PROJECTION OPTIONS If the “Projection” checkbox of a pattern is enabled (See PATTERN OPTIONS) the indicator will display the price range where the final point must sit to form a valid pattern. You can customize the box that marks this price range or disable it at all. ● Bull / Bear The color of the box border. ● (Style) The line style of the box border. ● Background The background color of the box. ● Text The color of the text in the box. ● (Text size) The size of the text. — PROJECTION DESCRIPTION OPTIONS The box which marks the possible landing zone for pattern completion can contain multiple information. To reduce noise on the chart you can disable each information separately. ● Price Range To complete a pattern successfully point D needs to be located within the minimum and maximum price of the range. For bullish pattern the price range is increasing (e.g. 100 – 120) and for bearish pattern it is decreasing (e.g. 100 – 80). ● Title The title identifies the type of pattern. E.g. a possibly developing ABCD pattern will display ABC at the beginning to denote the point A, B and C have been detected. If this pattern completes the title would change to ABCD in case of a standard ABCD pattern or to AB=CD if the pattern matches all criteria needed for this ‘perfect’ type of ABCD. ● Number Each pattern carries a unique number needed to identify the projection and targets in case there are multiple patterns in parallel. — TARGET OPTIONS ● Display ABCD Targets Once a pattern is completed the indicator will display multiple price lines for targets or other important price levels. This is enabled by default. The cosmetic setting are separated for bullish and bearish pattern targets. However they are identical. ● Bull / Bear Line The color of the target lines. ● (Line style) The style of the target lines. ● Label The color of the label which contains information about the target. ● Text The color of the text in the label. ● (Text size) The size of the text. — TARGET LABEL OPTIONS The target label can contain multiple information. To reduce noise on the chart you can disable each information separately. If you disable all information a blank label will be displayed necessary to hold the tooltip. ● Price The target price. ● Number The unique number of the pattern. ● Title The target identifier. ● Direction New traders often get confused with bullish and bearish pattern. A small arrow facing down or up will tell them the expected price move to reach the targets. ● Tooltip If enabled the tooltip shows all the information and more if you hover the mouse pointer over the label. ● Remove if hit By default target lines and labels will get removed one bar after the price has hit the target. If you disable this option target lines will stay together with the pattern until it gets invalidated. — DISPLAY OPTIONS ● 2 Decimals To streamline the appearance of prices they are set to display two decimals only. Numbers get rounded! However, trading currency pairs or crypto assets might need to display the full amount of decimals. In this case simply disable the setting “2 Decimals”. — ALERT OPTIONS Bevor you can use alerts in TradingView you have to activate them. 1. Click on the alert button 2. From the first drop down in conditions select B | N WAHA 3. From the third drop down (the one below the first one) select Any alert() function call 4. Skip the expiration if you want the alerts to be active for ever 5. Give The Alert a name or keep the default 6. Click on create You have to repeat this procedure in every timeframe you use. This is not a limitation of the indicator. This is how TradingView alerts work. Now you can select the events in the alert options of B | N WAHA you want to get noticed about. Alerts get fired when a bar gets confirmed which is the last close of a bar. ------------------------------------------------------- Disclaimer BullNet: The information provided in this document is for educational and informational purposes only and does not constitute financial, investment, or trading advice. Any use of the content is at your own risk. No liability is assumed for any losses or damages resulting from reliance on this information. Trading financial instruments involves significant risks, including the potential loss of all invested capital. There is no guarantee of profits or specific outcomes. Please conduct your own research and consult a professional financial advisor if needed. Disclaimer TradingView: According to the www.tradingview.com Copyright: 2025-BULLNET - All rights reserved. Roadmap: Version 1.0 03.03.2025
Pine Script™ indicator
by BullNet-traders
TrendPredator FOTrendPredator Fakeout Highlighter (FO) The TrendPredator Fakeout Highlighter is designed to enhance multi-timeframe trend analysis by identifying key market behaviors that indicate trend strength, weakness, and potential reversals. Inspired by Stacey Burke’s trading approach, this tool focuses on trend-following, momentum shifts, and trader traps, helping traders capitalize on high-probability setups. At its core, this indicator highlights peak formations—anchor points where price often locks in trapped traders before making decisive moves. These principles align with George Douglas Taylor’s 3-day cycle and Steve Mauro’s BTMM method, making the FO Highlighter a powerful tool for reading market structure. As markets are fractal, this analysis works on any timeframe. How It Works The TrendPredator FO highlights key price action signals by coloring candles based on their bias state on the current timeframe. It tracks four major elements: Breakout/Breakdown Bars – Did the candle close in a breakout or breakdown relative to the last candle? Fakeout Bars (Trend Close) – Did the candle break a prior high/low and close back inside, but still in line with the trend? Fakeout Bars (Counter-Trend Close) – Did the candle break a prior high/low, close back inside, and against the trend? Switch Bars – Did the candle lose/ reclaim the breakout/down level of the last bar that closed in breakout/down, signalling a possible trend shift? Reading the Trend with TrendPredator FO The annotations in this example are added manually for illustration. - Breakouts → Strong Trend Multiple candles closing in breakout signal a healthy and strong trend. - Fakeouts (Trend Close) → First Signs of Weakness Candles that break out but close back inside suggest a potential slowdown—especially near key levels. - Fakeouts (Counter-Trend Close) → Stronger Reversal Signal Closing against the trend strengthens the reversal signal. - Switch Bars → Momentum Shift A shift in trend is confirmed when price crosses back through the last closed breakout candles breakout level, trapping traders and fuelling a move in the opposite direction. - Breakdowns → Trend Reversal Confirmed Once price breaks away from the peak formation, closing in breakdown, the trend shift is validated. Customization & Settings - Toggle individual candle types on/off - Customize colors for each signal - Set the number of historical candles displayed Example Use Cases 1. Weekly Template Analysis The weekly template is a core concept in Stacey Burke’s trading style. FO highlights individual candle states. With this the state of the trend and the developing weekly template can be evaluated precisely. The analysis is done on the daily timeframe and we are looking especially for overextended situations within a week, after multiple breakouts and for peak formations signalling potential reversals. This is helpful for thesis generation before a session and also for backtesting. The annotations in this example are added manually for illustration. 📈 Example: Weekly Template Analysis snapshot on daily timeframe 2. High Timeframe 5-Star Setup Analysis (Stacey Burke "ain't coming back" ACB Template) This analysis identifies high-probability trade opportunities when daily breakout or down closes occur near key monthly levels mid-week, signalling overextensions and potentially large parabolic moves. Key signals for this are breakout or down closes occurring on a Wednesday. This is helpful for thesis generation before a session and also for backtesting. The annotations in this example are added manually for illustration. Also an indicator can bee seen on this chart shading every Wednesday to identify the signal. 📉 Example: High Timeframe Setup snapshot 3. Low Timeframe Entry Confirmation FO helps confirm entry signals after a setup is identified, allowing traders to time their entries and exits more precisely. For this the highlighted Switch and/ or Fakeout bars can be highly valuable. 📊 Example (M15 Entry & Exit): Entry and Exit Confirmation snapshot 📊 Example (M5 Scale-In Strategy): Scaling Entries snapshot The annotations in this examples are added manually for illustration. Disclaimer This indicator is for educational purposes only and does not guarantee profits. None of the information provided shall be considered financial advice. Users are fully responsible for their trading decisions and outcomes.
Pine Script™ indicator
by TC888
1
Auto Fib Retracement with Buy/SellKey Features of the Advanced Script: Multi-Timeframe (MTF) Analysis: We added an input for the higher timeframe (higher_tf), where the trend is checked on a higher timeframe to confirm the primary trend direction. Complex Trend Detection: The trend is determined not only by the current timeframe but also by the trend on the higher timeframe, giving a more comprehensive and reliable signal. Dynamic Fibonacci Levels: Fibonacci lines are plotted dynamically, extending them based on price movement, with the Fibonacci retracement drawn only when a trend is identified. Background Color & Labels: A background color is added to give a clear indication of the trend direction. Green for uptrend, red for downtrend. It makes it visually easier to understand the current market structure. "Buy" or "Sell" labels are shown directly on the chart to mark possible entry points. Strategy and Backtesting: The script includes strategy commands (strategy.entry and strategy.exit), which allow for backtesting the strategy in TradingView. Stop loss and take profit conditions are added (loss=100, profit=200), which can be adjusted according to your preferences. Next Steps: Test with different timeframes: Try changing the higher_tf to different timeframes (like "60" or "240") and see how it affects the trend detection. Adjust Fibonacci settings: Modify how the Fibonacci levels are calculated or add more Fibonacci levels like 38.2%, 61.8%, etc. Optimize Strategy Parameters: Fine-tune the entry/exit logic by adjusting stop loss, take profit, and other strategy parameters. This should give you a robust foundation for creating advanced trend detection strategies
Pine Script™ indicator
by Arif_Reza
🌊 WaveReader 3.0 FREE GOLD/XAU/ADA/SOL/USD/USDTWaveReader Pro 3.0 – Complete Guide to Successful Trading Introduction 1. Basics of WaveReader Pro 3.0 The WaveReader Pro 3.0 combines multiple analysis techniques to deliver precise trading signals. It is based on: Volume Analysis → Measures buying and selling pressure Market Structure → Identifies key support and resistance levels Momentum → Detects the strength of a price movement Fibonacci Extensions → Helps determine possible entry and target zones Psychological Price Levels → Recognizes key areas that many traders watch Key Advantage: The indicator works on any market and timeframe – Forex, Crypto, Stocks, and Indices. 2. The TrendCloud – How to Read Market Trends The TrendCloud helps you identify the market direction: Green → Bullish trend (Potential buy signal) Red → Bearish trend (Potential sell signal) Gray → Neutral trend (No clear direction, wait for confirmation) Pro Tip: If the TrendCloud is green, focus on long setups. If the TrendCloud is red, focus on short setups. Additionally, the HTF Box (Higher Timeframe Box) shows trends on higher timeframes, helping you align your trades with the overall market direction. 3. Key Price Levels: NDOs & Liquidity Blocks The WaveReader Pro 3.0 highlights important price levels where the market is likely to react. Naked Daily, Weekly & Monthly Opens (NDO/NWO/NMO) These lines mark the opening prices of the last daily, weekly, and monthly candles, which have not been touched again. Why are these levels important? Many traders use them as reference points. They often act as psychological support or resistance zones. Liquidity Blocks (LBs) These indicate areas where significant institutional trading activity takes place. Each Liquidity Block contains the Point of Control (PoC) – the price level with the highest volume within the zone. By using these levels, you can identify high-probability entry and exit points with greater accuracy. 4. The Confluence Box – High Accuracy Trading Setups The WaveReader Confluence Box (CB) helps identify trading setups with high accuracy (89% success rate). If the price is above a newly formed CB → Long setup confirmation If the price is below a newly formed CB → Short setup confirmation This feature helps traders enter positions with higher confidence while minimizing risk. 5. Entries & Exits – Executing Your Trades Effectively The WaveReader Pro 3.0 provides clear visual markers for entries and exits. Entries – First Trade Entry: Entry Long (Green) → Indicates a buy position. Entry Short (Red) → Indicates a sell position. Re-Entries – Adding to an Existing Trade: Re-Entry Long (Small Green Icon) → Additional buy within an uptrend. Re-Entry Short (Small Red Icon) → Additional sell within a downtrend. Take-Profits – Locking in Profits: Take-Profit Long (✔ Green) → Target reached for a buy trade. Take-Profit Short (✔ Red) → Target reached for a sell trade. Stop-Loss – Risk Management: If a trade is stopped out before reaching the target, a red “X” appears on the chart. These clear visual signals help traders plan trades efficiently and manage risk effectively. 6. Final Thoughts – How to Optimize Your Trading with WaveReader Pro 3.0 The WaveReader Pro 3.0 provides a structured approach to trading by offering: Automated Stop-Loss and Target Levels Clear visual signals for better decision-making Quick identification of market trends and liquidity zones Additional Features for More Precision: Waveline → Highlights market structure and swings. Equal Highs & Lows → Identifies liquidity zones where the market may react. Entry Warnings → Alerts for potential false entries. By integrating these tools, traders can make more precise and profitable trading decisions. 7. Call-to-Action – Your Next Step! This was the complete guide to WaveReader Pro 3.0. Did you find this helpful? Do you have questions? Drop a comment below. Good luck with your trading
Pine Script™ indicator
by Mr_Sagitario
MohMaayaaa### **Good Trading Habits for Success** 1️⃣ **Have a Trading Plan** – Define your strategy, entry & exit points, and risk management rules before executing trades. 2️⃣ **Risk Management** – Never risk more than **1-2%** of your capital per trade to avoid major losses. 3️⃣ **Use Stop-Loss & Take-Profit** – Protect your trades with stop-loss to limit losses and take-profit to secure gains. 4️⃣ **Position Sizing** – Adjust trade size based on risk, ensuring no single trade can wipe out your account. 5️⃣ **Emotional Discipline** – Avoid revenge trading, overtrading, or making impulsive decisions. Stick to your plan. 6️⃣ **Keep a Trading Journal** – Track your trades, analyze mistakes, and refine your strategy. 7️⃣ **Continuous Learning** – Stay updated with market trends, technical analysis, and improve your strategy over time. 🔹 **Key Rule:** **Survive first, profit later.** Focus on **capital preservation** before chasing big wins. 🚀
Pine Script™ indicator
by Raajjj4u
MohMaayaaa### **Good Trading Habits for Success** 1️⃣ **Have a Trading Plan** – Define your strategy, entry & exit points, and risk management rules before executing trades. 2️⃣ **Risk Management** – Never risk more than **1-2%** of your capital per trade to avoid major losses. 3️⃣ **Use Stop-Loss & Take-Profit** – Protect your trades with stop-loss to limit losses and take-profit to secure gains. 4️⃣ **Position Sizing** – Adjust trade size based on risk, ensuring no single trade can wipe out your account. 5️⃣ **Emotional Discipline** – Avoid revenge trading, overtrading, or making impulsive decisions. Stick to your plan. 6️⃣ **Keep a Trading Journal** – Track your trades, analyze mistakes, and refine your strategy. 7️⃣ **Continuous Learning** – Stay updated with market trends, technical analysis, and improve your strategy over time. 🔹 **Key Rule:** **Survive first, profit later.** Focus on **capital preservation** before chasing big wins. 🚀
Pine Script™ indicator
by Raajjj4u
Çoklu Zaman Aralıklı Smoothed Heiken Ashi Al-Sat SinyalleriMulti-Timeframe Smoothed Heiken Ashi Buy-Sell Signals The Multi-Timeframe Smoothed Heiken Ashi Buy-Sell Signals indicator is a powerful tool designed for traders who seek to enhance their decision-making process by combining the clarity of Heiken Ashi candles with the precision of multi-timeframe analysis. This innovative indicator provides smoothed Heiken Ashi signals across multiple timeframes, allowing traders to identify trends, reversals, and potential entry/exit points with greater confidence. Key Features: Smoothed Heiken Ashi Calculation: The indicator uses a smoothed version of Heiken Ashi candles, which reduces market noise and provides a clearer representation of price trends. Heiken Ashi candles are recalculated to highlight the underlying momentum, making it easier to spot trend continuations and reversals. Multi-Timeframe Analysis: Traders can analyze Heiken Ashi signals across three customizable timeframes simultaneously (e.g., 1-minute, 5-minute, and 15-minute). This multi-timeframe approach helps confirm trends and signals by aligning short-term and long-term perspectives. Buy-Sell Signals: The indicator generates buy signals when the smoothed Heiken Ashi candles indicate a strong uptrend across all selected timeframes. Sell signals are triggered when the candles show a strong downtrend, helping traders exit positions or consider short-selling opportunities. Trend Confirmation: By combining signals from multiple timeframes, the indicator ensures higher accuracy and reduces false signals. Traders can use this feature to confirm the strength of a trend before entering a trade. Customizable Settings: Users can customize the timeframes, smoothing parameters, and signal thresholds to suit their trading style and preferences. The indicator also allows for adjustable stop-loss and take-profit levels, enabling better risk management. Visual Clarity: The indicator plots buy and sell signals directly on the chart, making it easy to interpret. Color-coded signals and trend zones (e.g., overbought, oversold) provide a clear visual representation of market conditions. How It Works: The indicator calculates smoothed Heiken Ashi values for each selected timeframe. It then compares the trends across these timeframes to identify high-probability buy and sell opportunities. When all timeframes align (e.g., uptrend on 1-minute, 5-minute, and 15-minute charts), a strong buy signal is generated. Conversely, a sell signal is triggered when downtrends align across timeframes. Benefits: Improved Trend Identification: Smoothed Heiken Ashi candles make it easier to identify and follow trends. Enhanced Signal Accuracy: Multi-timeframe analysis reduces false signals and increases confidence in trade setups. Flexible and Adaptable: Customizable settings allow traders to tailor the indicator to their specific needs. Risk Management: Built-in stop-loss and take-profit features help traders manage risk effectively. Ideal For: Swing Traders: Identify and capitalize on medium-term trends. Day Traders: Use multi-timeframe signals to make quick, informed decisions. Scalpers: Benefit from the smoothed Heiken Ashi calculations for short-term trades. Conclusion: The Multi-Timeframe Smoothed Heiken Ashi Buy-Sell Signals indicator is a versatile and reliable tool for traders of all experience levels. By combining the simplicity of Heiken Ashi candles with the power of multi-timeframe analysis, it provides a clear and actionable roadmap for navigating the markets. Whether you're a day trader, swing trader, or scalper, this indicator can help you make smarter, more confident trading decisions.
Pine Script™ indicator
by zdogan