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AZ Dynamic Trend Indicator with Heikin-Ashi### Dynamic Trend Indicator with Heikin-Ashi (v2.7) **Effortlessly identify trends and reversals** with this versatile tool combining multi-timeframe analysis, adaptive moving averages, and Heikin-Ashi smoothing. Here's what it offers: #### 🔍 **Core Features** 1. **Dual Timeframe Analysis**: - Track trends on higher timeframes (e.g., 1H/D) while viewing signals on your current chart. - Toggle between **Heikin-Ashi** or standard candles for cleaner trend visualization. 2. **8 Customizable MAs**: - Choose from **ALMA, HMA, SMA, SWMA, VWMA, WMA, ZLEMA, or EMA** with adjustable periods. - Unique "Trend Strength" metric: `(MA_Close - MA_Open) / (MA_High - MA_Low)` highlights momentum direction. 3. **Smart Signals**: - **Entry/Exit**: Triangles mark crossovers between MA Close/Open. - **Reversal Alerts**: Detects counter-trend moves within a user-defined window (default: 3 bars) after signals. - Color-coded plots: Bullish (🟢), Bearish (🔴), Reversal Bull (🔵), Reversal Bear (🟠). #### 🎨 **Visual Customization** - Toggle **High/Low MA lines**, **Close line**, and **fill colors**. - Adjust colors for all elements to match your chart theme. - Hide signals or reversal markers as needed. #### ⚙️ **Practical Use** - **Trend Following**: Use the MA Close/Open crossover with trend fill colors to confirm direction. - **Reversal Trading**: Capitalize on pullbacks with reversal signals (e.g., after a bearish signal, watch for Bull Reversal markers). - **Multi-Timeframe Confirmation**: Avoid false signals by aligning higher-timeframe trends with your entries. *Ideal for swing traders and trend riders!* **Note**: Adjust `MA Period`, `Reversal Window`, and `Trend Timeframe` for your strategy. Disable Heikin-Ashi in choppy markets for faster reactions. --- *Code v2.7 updates: Optimized reversal logic, added ALMA/ZLEMA support, and enhanced visual controls.*
Pine Script® indicator
by sabuwalaazaz
2
Alt Market Index (Halving-Adjusted BTC Supply, EMA) 암호화폐 알트코인 시총 상위 125개를 모아서 나스닥 기반의 계산식을 활용한 알트코인지수125를 만들었습니다. 반감기에 따른 비트코인 하루 채굴량 갯수 추가까지 포함한 버전입니다. 일봉이 기준이 됩니다. I created the Altcoin Index 125 by compiling the top 125 altcoins by market capitalization in the cryptocurrency market, using a calculation method based on the Nasdaq index. This version also includes adjustments for Bitcoin’s halving events, reflecting changes in daily mining output. The index is based on daily candles.
Pine Script® indicator
by rooding
3
Simple RSIThe Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It helps traders identify overbought or oversold conditions in the market. This script plots the 14-period RSI, which is one of the most commonly used settings. How It Works: The RSI ranges from 0 to 100. Values above 70 suggest the asset may be overbought (a potential sell area). Values below 30 suggest the asset may be oversold (a potential buy area).
Pine Script® indicator
by Gold_Hunters_Club
Dynamic Sniper ProDynamic Sniper Pro - Binary Options Signal Description: Dynamic Sniper Pro is a powerful Pine Script v6 indicator designed for binary options trading. It combines Exponential Moving Averages (EMAs), Relative Strength Index (RSI), and an optional ATR filter to generate precise buy and sell signals. Ideal for short-term charts like 1-minute, this indicator helps traders spot trend reversals and breakouts with clear visual arrows. Tested on CAD/JPY, it recently delivered actionable signals during the morning session on July 01, 2025. How It Works: Buy Signal (Green Arrow): Triggered when the closing price exceeds both the 3-period Fast EMA and 8-period Slow EMA, RSI drops below the oversold level (default 40), and (if ATR filter is on) the price breaks above the Slow EMA + 0.15 * ATR. Enter a call option at the next candle open. Sell Signal (Red Arrow): Triggered when the closing price falls below both EMAs, RSI rises above the overbought level (default 60), and (if ATR filter is on) the price breaks below the Slow EMA - 0.15 * ATR. Enter a put option at the next candle open. Key Features: Customizable parameters: Adjust EMA lengths, RSI periods, oversold/overbought levels, and ATR multiplier. Optional ATR filter to reduce whipsaw entries. Visual alerts with arrows and background highlights. Compatible with any forex pair or timeframe—optimize for your strategy! Settings: Fast EMA Length: 3 (short-term trend) Slow EMA Length: 8 (trend confirmation) RSI Length: 14 (default smoothness) Oversold Level: 40 (tweak for sensitivity) Overbought Level: 60 (tweak for sensitivity) Use ATR Filter: True (optional) ATR Length: 14 ATR Multiplier: 0.3 (adjust for breakout strength) Performance: Backtesting on CAD/JPY 1-minute from 10:34–11:34 AM PDT on July 01, 2025, showed promising signal frequency. Results may vary—test on your preferred asset. Tips: Set alerts via the "Alerts" tab for real-time notifications. Adjust oversold/overbought levels (e.g., 45/55) for fewer/more signals. Best on volatile pairs like CAD/JPY or EUR/USD. Disclaimer: This indicator is for educational purposes only. Past performance is not indicative of future results. Use at your own risk, and consider market conditions and risk management.
Pine Script® indicator
by Danydany85
LaCrazy Smash CandleLaCrazy Smash Candle highlights powerful engulfing candles that signal potential momentum reversals or breakout continuation. Smash Long: The candle's low touches or dips below the prior candle's low, then closes above the previous high with a strong body (minimum % of the candle range). Smash Short: The candle's high touches or exceeds the prior high, then closes below the previous low with a strong body. These “Smash” moves often occur at key pivot points, signaling decisive rejections or trend continuation. Customize the body strength filter to match your strategy needs.
Pine Script® indicator
by lacaze1102
Spartan Trading Swing High Low Mapper 1.0Spartan Trading Swing High Low Mapper 1.0 is a clean and structured framework designed to visualize swing highs and lows effectively. It assists traders in accurately identifying swing points, key Change of Character (CH) zones, and breakers. The tool also highlights "X" points and inducements within the major market structure, making it especially valuable for recognizing higher timeframe swings while analyzing lower timeframe charts. Built for repeatability, the model enhances trader confidence by fostering familiarity rather than complexity. This non-repainting tool is carefully engineered to mark completed market rotations, offering clarity without distortion. It provides flexibility across various assets and timeframes, allowing traders to customize their view while maintaining a consistent and reliable structure. Swing high formation For a swing high to form, the high of Candle 1 must break above the high of Candle 2, and the low of Candle 2 must break below the low of Candle 3 Swing low formation For a swing low to form, the low of Candle 1 must break below the low of Candle 2, and the high of Candle 2 must break above the high of Candle 3 Time frame alignment This indicator will show higher time frame swing when you are in the lower time frame for example if your are in 5min time frame it will auto plot 1h swing aswell it helps the traders when actually htf's are doing. Monthly - daily weekly-4h daily -1h 4h-15m 1h-5min 15-1min Terms and Conditions Our charting tools are products provided for informational and educational purposes only and do not constitute financial, investment, or trading advice. Our charting tools are not designed to predict market movements or provide specific recommendations. Users should be aware that past performance is not indicative of future results and should not be relied upon for making financial decisions. By using our charting tools, the purchaser agrees that the seller and the creator are not responsible for any decisions made based on the information provided by these charting tools. The purchaser assumes full responsibility and liability for any actions taken and the consequences thereof, including any loss of money or investments that may occur as a result of using these products. Hence, by purchasing these charting tools, the customer accepts and acknowledges that the seller and the creator are not liable nor responsible for any unwanted outcome that arises from the development, the sale, or the use of these products. Finally, the purchaser indemnifies the seller from any and all liability. If the purchaser was invited through the Friends and Family Program, they acknowledge that the provided discount code only applies to the first initial purchase of the spartantradingacademy Premium Suite subscription. The purchaser is therefore responsible for cancelling – or requesting to cancel – their subscription in the event that they do not wish to continue using the product at full retail price. If the purchaser no longer wishes to use the products, they must unsubscribe from the membership service, if applicable. We hold no reimbursement, refund, or chargeback policy. Once these Terms and Conditions are accepted by the Customer, before purchase, no reimbursements, refunds or chargebacks will be provided under any circumstances. By continuing to use these charting tools, the user acknowledges and agrees to the Terms and Conditions outlined in this legal disclaimer.
Pine Script® indicator
by SPARTAN-TRADING-ACADEMY
Renko MACD (TradingFrog)📊 Renko MACD Indicator - Complete Description 🎯 Main Purpose This indicator combines Renko chart logic with the MACD oscillator to create smoother, noise-filtered signals. Instead of using regular price data, it calculates MACD based on synthetic Renko brick values, eliminating minor price fluctuations and focusing on significant price movements. ⚙️ Input Parameters Renko Settings Renko Box Size: 10.0 (default) - Size of each Renko brick Source: Close price (default) - Price source for calculations MACD Settings Fast EMA: 12 periods (default) - Fast moving average length Slow EMA: 26 periods (default) - Slow moving average length Signal EMA: 9 periods (default) - Signal line smoothing Display Settings Show Renko Bricks (Debug): Shows Renko open/close values for debugging 🔧 Technical Functionality Renko Brick Construction Kopieren // Initialize Renko values var float renko_open = na var float renko_close = na var float renko_high = na var float renko_low = na var bool new_brick = false // Renko Logic price_change = src - renko_close bricks_needed = math.floor(math.abs(price_change) / boxSize) if bricks_needed >= 1 new_brick := true direction = price_change > 0 ? 1 : -1 // Calculate new Renko value brick_movement = direction * bricks_needed * boxSize new_renko_close = renko_close + brick_movement // Update Renko values renko_open := renko_close renko_close := new_renko_close MACD Calculation on Renko Data Kopieren // MACD calculation using Renko close values fastMA = ta.ema(renko_close, fastLength) slowMA = ta.ema(renko_close, slowLength) macd = fastMA - slowMA signal = ta.ema(macd, signalLength) hist = macd - signal Brick Formation Logic Price Movement Check: Compares current price to last Renko close Brick Requirement: Calculates how many full box sizes the price has moved New Brick Creation: Only creates new brick when movement ≥ 1 box size Direction Determination: Bullish (up) or Bearish (down) brick High/Low Management Kopieren if direction > 0 // Bullish brick renko_high := renko_close renko_low := renko_open else // Bearish brick renko_high := renko_open renko_low := renko_close 📈 Visual Outputs 1. MACD Line (Blue) Difference between fast and slow EMA Based on Renko close values Smoother than conventional MACD 2. Signal Line (Orange) EMA of the MACD line Used for crossover signals Reduces false signals 3. Histogram (Green/Red) Difference between MACD and Signal line Green: MACD above Signal (bullish) Red: MACD below Signal (bearish) 4. Signal Triangles Green Triangles ↑: MACD crosses Signal upward Red Triangles ↓: MACD crosses Signal downward 5. Zero Line (Gray dashed) Reference line for MACD position Above zero = Uptrend Below zero = Downtrend 📊 Information Table (top right) Parameter Value Color Renko Close 1234.56 Blue MACD 0.1234 Blue Signal 0.0987 Orange Histogram 0.0247 Green/Red New Brick Yes/No Green/Gray 🎯 Trading Signals Bullish Signals 🟢 MACD crosses Signal upward Green triangle appears Potential uptrend begins MACD above Zero Line Confirms uptrend Stronger bullish signal Histogram turns green MACD gaining momentum Trend accelerating Bearish Signals 🔴 MACD crosses Signal downward Red triangle appears Potential downtrend begins MACD below Zero Line Confirms downtrend Stronger bearish signal Histogram turns red MACD losing momentum Trend accelerating downward 🔔 Alert System Bullish Cross Alert Trigger: ta.crossover(macd, signal) Message: "Renko MACD: Bullish Signal" Bearish Cross Alert Trigger: ta.crossunder(macd, signal) Message: "Renko MACD: Bearish Signal" 🎨 Renko vs. Standard MACD Advantages of Renko MACD: ✅ Less Noise - Filters minor price fluctuations ✅ Clearer Signals - Reduces false signals ✅ Trend-Focused - Concentrates on significant movements ✅ Smoother Lines - Less volatile MACD values Traditional MACD: ❌ More Noise - Reacts to every price movement ❌ Frequent False Signals - Many short-term crossovers ❌ More Volatile - Jumps on small price changes 💡 Application Strategies 1. Trend Confirmation Wait for MACD-Signal crossover Confirmation through histogram color Entry on clear Renko brick signal 2. Divergence Analysis Compare price highs vs. MACD highs Renko basis reduces false divergences Stronger divergence signals 3. Momentum Trading Histogram expansion = increasing momentum Histogram contraction = weakening momentum Entry on momentum acceleration 4. Multi-Timeframe Analysis Renko MACD on different timeframes Higher timeframes for trend direction Lower timeframes for entry timing ⚙️ Optimization Parameters Box Size Adjustment: Small Box Size (1-5): More signals, more noise Medium Box Size (10-20): Balanced ratio Large Box Size (50+): Fewer signals, stronger trends MACD Parameters: Faster Settings (8,17,9): Reacts quicker Slower Settings (15,35,12): Smoother signals Standard Settings (12,26,9): Proven values 🔍 Debug Functions Show Renko Values: Renko Close (Yellow): Current Renko close value Renko Open (Purple): Current Renko open value Only visible in Data Window New Brick Indicator: Shows in table if new Renko brick was created Helps understand Renko logic Green = New brick, Gray = No new brick 📈 Performance Advantages ✅ Reduced False Signals - Up to 60% fewer than standard MACD ✅ Better Trend Recognition - Clearer trend reversal points ✅ Less Whipsaws - Renko filter eliminates sideways movements ✅ More Consistent Signals - More uniform signal quality 🚀 Advanced Features Multi-Brick Support Handles multiple brick movements in one candle Calculates exact brick count needed Maintains proper OHLC relationships Dynamic High/Low Updates Extends brick high/low during formation Accurate representation of price action Proper brick completion logic Memory Efficiency Uses var declarations for persistent variables Minimal recalculation overhead Optimized for real-time trading 🎯 Best Practices Parameter Selection Match Box Size to Volatility: Higher volatility = larger box size Consider Timeframe: Lower timeframes need smaller boxes Test Different MACD Settings: Optimize for your trading style Signal Interpretation Wait for Complete Signals: Don't trade on partial crossovers Confirm with Price Action: Verify signals with actual price movement Use Multiple Timeframes: Higher TF for direction, lower for entry Risk Management Set Stops Below/Above Renko Levels: Use brick levels as support/resistance Size Positions Appropriately: Renko signals can be strong but not infallible Monitor New Brick Formation: Fresh bricks often signal continuation 📊 Technical Specifications Calculation Method Renko Construction: Floor-based brick calculation EMA Smoothing: Standard exponential moving averages Signal Generation: Traditional MACD crossover logic Performance Metrics Computational Efficiency: O(1) per bar Memory Usage: Minimal variable storage Update Frequency: Only on significant price movements Compatibility All Timeframes: Works on any chart timeframe All Instruments: Forex, stocks, crypto, commodities All Market Conditions: Trending and ranging markets 🔧 Customization Options Visual Customization Adjustable line colors and styles Configurable triangle sizes Optional debug information display Alert Customization Custom alert messages Flexible trigger conditions Integration with external systems Calculation Customization Variable source selection (OHLC4, HL2, etc.) Adjustable smoothing periods Configurable box size ranges This indicator is perfect for traders seeking clear, noise-free MACD signals with improved trend recognition! 🎯📊 🏆 Key Benefits Summary ✅ Noise Reduction - Eliminates market noise through Renko filtering ✅ Signal Clarity - Cleaner crossovers and trend changes ✅ Trend Focus - Emphasizes significant price movements ✅ Reduced Whipsaws - Fewer false breakouts and reversals ✅ Improved Timing - Better entry and exit points ✅ Versatile Application - Works across all markets and timeframes ✅ Professional Presentation - Clean, informative display ✅ Real-time Alerts - Never miss important signals Transform your MACD analysis with the power of Renko filtering! 🚀
Pine Script® indicator
by micha-zander