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[COG]Adaptive Volatility Bands# Adaptive Volatility Bands (AVB) Indicator Guide for Traders ## Special Acknowledgment 🙌 This script is inspired by and builds upon the foundational work of **DonovanWall**, a respected contributor to the trading community. His innovative approach to adaptive indicators has been instrumental in developing this advanced trading tool. ## What is the Adaptive Volatility Bands Indicator? The Adaptive Volatility Bands (AVB) is a sophisticated technical analysis tool designed to help traders understand market dynamics by creating dynamic, responsive price channels that adapt to changing market conditions. Unlike traditional static indicators, this script uses advanced mathematical techniques to create flexible bands that adjust to market volatility in real-time. ## Key Features and Inputs ### 1. Price and Filtering Options - **Price Source**: Determines the base price used for calculations (default is HLC3 - Average of High, Low, and Close) - **Filter Poles**: Controls the smoothness of the indicator (1-9 poles) - Lower values: More responsive, more noise - Higher values: Smoother, but slower to react ### 2. Volatility and Band Settings - **Sample Length**: Determines how many bars are used to calculate volatility (default 144) - **Volatility Multiplier**: Adjusts the width of the main bands (default 1.414) - **Outer Band Multiplier**: Controls the width of the outer bands (default 2.5) - **Inner Band Ratio**: Positions the inner bands between the center and outer bands (default 0.25) ### 3. Advanced Processing Options - **Lag Reduction Mode**: Helps reduce indicator delay - **Fast Response Mode**: Makes the indicator more responsive to recent price changes ### 4. Signal and Visualization Options - **Show Entry Signals**: Displays buy and sell signals - **Signal Display Style**: Choose between labels or shapes - **Range Filter**: Adds an additional filter for signal validation ## How the Indicator Works The Adaptive Volatility Bands create a dynamic price channel with three key components: 1. **Center Line**: Represents the core trend direction 2. **Inner Bands**: Closer to the center line 3. **Outer Bands**: Wider bands that show broader price potential ### Color Dynamics - The indicator uses a smart color gradient system - Colors change based on price position within the bands - Helps visualize bullish (green/blue) and bearish (red) market conditions ## Trading Strategies for Beginners ### Basic Entry Signals - **Buy Signal**: - Price touches the center line from below - Candle is bullish (closes higher than it opens) - Price is above the center line - Trend is upward - **Sell Signal**: - Price touches the center line from above - Candle is bearish (closes lower than it opens) - Price is below the center line - Trend is downward ### Risk Management Tips 1. Use the bands to identify: - Potential trend changes - Volatility levels - Support and resistance areas 2. Combine with other indicators for confirmation 3. Always use stop-loss orders 4. Adjust parameters to match your trading style and asset ## When to Use This Indicator Best suited for: - Trending markets - Swing trading - Identifying potential entry and exit points - Understanding market volatility ### Recommended Markets - Stocks - Forex - Cryptocurrencies - Futures ## Customization The script offers extensive customization: - Adjust smoothness - Change band multipliers - Modify color schemes - Enable/disable features like lag reduction ## Important Considerations for Beginners 🚨 **Disclaimer**: - No indicator guarantees profits - Always practice with a demo account first - Learn and understand the indicator before live trading - Market conditions change, so continually adapt your strategy ## Getting Started 1. Add the script to your TradingView chart 2. Experiment with different settings 3. Backtest on historical data 4. Start with small positions 5. Continuously learn and improve Happy Trading! 📈🔍
Pine Script® indicator
by CognitiveAlpha
1
AI Trend Momentum SniperThe AI Trend Momentum Sniper is a powerful technical analysis tool designed for day trading. This strategy combines multiple momentum and trend indicators to identify high-probability entry and exit points. The indicator utilizes a combination of Supertrend, MACD, RSI, ATR (Average True Range), and On-Balance Volume (OBV) to generate real-time signals for buy and sell opportunities. Key Features: Supertrend for detecting market direction (bullish or bearish). MACD for momentum confirmation, highlighting changes in market momentum. RSI to filter out overbought/oversold conditions and ensure high-quality trades. ATR as a volatility filter to adjust for changing market conditions. OBV (On-Balance Volume) to confirm volume strength and trend validity. Dynamic Stop-Loss & Take-Profit based on ATR to manage risk and lock profits. This indicator is tailored for intraday traders looking for quick market moves, especially in volatile and high liquidity assets like Bitcoin (BTC) and Ethereum (ETH). It helps traders capture short-term trends with efficient risk management tools. How to Apply: Set Your Chart: Apply the AI Trend Momentum Sniper to a 5-minute (M5) or 15-minute (M15) chart for optimal performance. Buy Signal: When the indicator generates a green arrow below the bar, it indicates a buy signal based on positive trend and momentum alignment. Sell Signal: A red arrow above the bar signals a sell condition when the trend and momentum shift bearish. Stop-Loss and Take-Profit: The indicator automatically calculates dynamic stop-loss and take-profit levels based on the ATR value for each trade, ensuring proper risk management. Alerts: Set up custom alerts for buy or sell signals, and get notified instantly when opportunities arise. Best Markets for Use: BTC/USDT, ETH/USDT – High liquidity and volatility. Major altcoins with sufficient volume. Avoid using it on low-liquidity assets where price action may become erratic. Timeframes: This indicator is best suited for lower timeframes (5-minute to 15-minute charts) to capture quick price movements in trending markets.
Pine Script® indicator
by crypto_zil
1
Sentiment OscillatorIn the complex world of trading, understanding market sentiment can be like reading the emotional pulse of financial markets. Our Sentiment Oscillator is designed to be your personal market mood translator, helping you navigate through the noise of price movements and market fluctuations. Imagine having a sophisticated tool that goes beyond traditional price charts, diving deep into the underlying dynamics of market behavior. This indicator doesn't just show you numbers – it tells you a story about market sentiment, combining multiple financial signals to give you a comprehensive view of potential market directions. The Sentiment Oscillator acts like a sophisticated emotional barometer for stocks, cryptocurrencies, or any tradable asset. It analyzes price changes, market volatility, trading volume, and long-term trends to generate a unique sentiment score. This score ranges from highly bullish to deeply bearish, providing traders with an intuitive visual representation of market mood. Green zones indicate positive market sentiment, suggesting potential buying opportunities. Red zones signal caution, hinting at possible downward trends. The oscillator's gray neutral zone helps you identify periods of market uncertainty, allowing for more calculated trading decisions. What sets this indicator apart is its ability to blend multiple market factors into a single, easy-to-understand indicator. It's not just about current price – it's about understanding the deeper currents moving beneath the surface of market prices. Traders can use this oscillator to: - Identify potential trend reversals - Understand market sentiment beyond price movement - Spot periods of market strength or weakness - Complement other technical analysis tools Whether you're a day trader, swing trader, or long-term investor, the Sentiment Oscillator provides an additional layer of insight to support your trading strategy. Remember, no indicator is a crystal ball, but this tool can help you make more informed decisions in the dynamic world of trading.
Pine Script® indicator
by balaiwarsatyam
US30 1-min Strategy with TP/SL, Grades, Alerts🟢 Grade A (Strongest) • Candle is very large (body is 2x the 20-bar average) • Volume rising • RSI strongly confirms direction (RSI > 55 or < 45) 🟠 Grade B (Moderate) • Candle is large • Volume rising • RSI confirms trend (but not as strong as A) 🟡 Grade C (Weak) • Candle is large • Volume rising or RSI confirms (not both) You can select which grades to trade (A, B, C) from the strategy settings. 💰 Risk Management • Take Profit: Default = 0.5% • Stop Loss: Default = 0.3% TP and SL are applied as percentage of entry price. You can adjust both in the strategy settings. Trade Alerts & Visuals • Labels appear on the chart when a trade is triggered (green for longs, red for shorts, with grade label) • Alerts are sent using the alert() function, which you can link to popups, emails, or mobile notifications via TradingView 🧭 Strategy Use Case This strategy is ideal for: • Scalping US30 during high-volume sessions • Traders who prefer rules-based setups with clear grading and confirmation • Running backtests in TradingView with risk controls and performance analysis
Pine Script® strategy
by boutselisp
VCP Pattern with Pocket Pivots by Mark MinerviniBelow is a Pine Script designed to identify and plot Mark Minervini's Volatility Contraction Pattern (VCP) along with Pocket Pivots on TradingView. The VCP is characterized by a series of price contractions (tightening price ranges) with decreasing volume, often followed by a breakout. Pocket Pivots, a concept from Chris Kacher and Gil Morales, identify early buying opportunities within a consolidation or uptrend based on volume surges. This script combines both concepts to help traders spot potential setups.
Pine Script® indicator
by ravihls
DOPT--- ## 🔍 **DOPT - Daily Open & Price Time Markers** This script is designed to support directional bias development and price behavior analysis around key time-based reference points on the **1H and 4H timeframes**. ### ✨ **What It Does** - **1800 Open Marker** (6 PM NY time): Plots the **daily open** from 1800 in **black dotted lines**. - **0000 Open Marker** (Midnight NY time): Plots the **midnight open** in **blue dotted lines**. - **Day Letters**: Each 1800 open is labeled with the corresponding **day of the week** (e.g., M, T, W...), helping visually segment your chart. - **Hour Labels**: Select specific candles (e.g., 0000 = '0', 0800 = '8') to be labeled above the bar. These are fully customizable. - **Candle Midpoints**: Option to mark the **50% level** of a specific candle (good for CE or CRT references). - **CRT High/Low Tracking**: Ability to plot **extended high and low lines** from a selected candle back (e.g., for CRT modeling). - **4H Timeframe Candle Numbering**: Helpful when analyzing sequences on the 4-hour timeframe. Candles are numbered `1`, `5`, and `9` for reference. --- ### 🧠 **How I Use It** - I mostly use this on the **1-hour timeframe** to decide **directional bias** for the day: - If price **closes above 1800 open**, I consider that a **green daily close** — potential bullish sentiment. - If price **closes below**, I treat it as a **red daily close** — potential bearish behavior. - Price often uses these opens as **support/resistance**, so I watch for reactions there. - On the **4H**, the candle numbers help track structure and flow. - Combine with CRT tools to mark **key candle highs/lows** and their **equilibrium (50%)** — great for refining entries or understanding how price is respecting a particular candle. --- ### ⚠️ **Note on Daylight Savings** This is a **daylight saving time-dependent script**. When DST kicks in or out, you’ll need to **adjust the time inputs** accordingly to keep the opens accurate (e.g., 1800 might shift to 1700 depending on the season). --- ### 🔁 **Backtesting & Reference** - The **1800 and 0000 opens** are plotted for **as far back** as your chart loads, making it great for backtesting historical reactions. - The CRT marking tools only go back **50 candles max**, so use that for recent structure only. ---
Pine Script® indicator
by OmegaValorSage
Master Global Liquidity Shifted 75 DaysThe Global Liquidity Index is a Pine Script (version 5) technical indicator designed to measure and visualize global financial liquidity by aggregating data from various central bank balance sheets and money supply metrics. The indicator is plotted as an overlay on the price chart using the left scale, with the entire line shifted left by 75 days. Key features: Data Sources: Incorporates balance sheet data from major central banks including the Federal Reserve (FED), European Central Bank (ECB), People's Bank of China (PBC), Bank of Japan (BOJ), and other central banks, along with optional M2 money supply data from various countries. Components: Includes options to toggle specific liquidity factors such as FED balance sheet, Treasury General Account (TGA), Reverse Repurchase Agreements (RRP), and regional M2 money supplies, all converted to USD. 75-Day Shift: The indicator's output is shifted left by 75 days on the chart, aligning historical liquidity data with earlier price action, with this shift period adjustable via the "Shift Days Left" input. Calculations: Computes a total liquidity value by summing enabled central bank and M2 data (adjusted for RRP and TGA as drains) Scales the total by dividing by 1 trillion (10^12) Applies a Simple Moving Average (SMA) and Rate of Change (ROC) with user-defined periods Final output is either the SMA of ROC or SMA alone, depending on ROC length Visualization: Plots the shifted result as a yellow line with a linewidth of 2.
Pine Script® indicator
by masterbtcltc
1
Reversal & Breakout Strategy with ORB### Reversal & Breakout Strategy with ORB This strategy combines three distinct trading approaches—reversals, trend breakouts, and opening range breakouts (ORB)—into a single, cohesive system. The goal is to capture high-probability setups across different market conditions, leveraging a mashup of technical indicators for confirmation and risk management. Below, I’ll explain why this combination works, how the components interact, and how to use it effectively. #### Why the Mashup? - **Reversals**: Identifies overextended moves using RSI (overbought/oversold) and SMA50 crosses, filtered by VWAP and SMA200 trend direction. This targets mean-reversion opportunities in trending markets. - **Breakouts**: Uses EMA9/EMA20 crossovers with VWAP and SMA200 confirmation to catch momentum-driven trend continuations. - **Opening Range Breakout (ORB)**: Detects early momentum by breaking the high/low of a user-defined opening range (default: 15 bars) with volume confirmation. This adds a time-based edge, ideal for intraday trading. The synergy comes from blending these methods: reversals catch pullbacks, breakouts ride trends, and ORB exploits early volatility—all filtered by trend (SMA200) and anchored by VWAP for context. #### How It Works 1. **Indicators**: - **EMA9/EMA20**: Fast-moving averages for breakout signals. - **SMA50**: Medium-term trend filter for reversals. - **SMA200**: Long-term trend direction to align trades. - **RSI (14)**: Measures overbought (>70) or oversold (<30) conditions. - **VWAP**: Acts as a dynamic support/resistance level. - **ATR (14)**: Sets stop-loss distance (default: 1.5x ATR). - **Volume**: Confirms ORB breakouts (1.5x average volume of opening range). 2. **Entry Conditions**: - **Long**: Triggers on reversal (SMA50 cross + RSI < 30 + below VWAP + uptrend), breakout (EMA9 > EMA20 + above VWAP + uptrend), or ORB (break above opening range high + volume). - **Short**: Triggers on reversal (SMA50 cross + RSI > 70 + above VWAP + downtrend), breakout (EMA9 < EMA20 + below VWAP + downtrend), or ORB (break below opening range low + volume). 3. **Risk Management**: - Risks 5% of equity per trade (based on the initial capital set in the strategy tester). - Stop-loss: Based on lowest low/highest high over 7 bars ± 1.5x ATR. - Targets: Two exits at 1:1 and 1:2 risk:reward (50% of position at each). - Break-even: Stop moves to entry price after the first target is hit. 4. **Backtesting Settings**: - Commission: Hardcoded at 0.1% per trade (realistic for most brokers). - Slippage: Hardcoded at 2 ticks (realistic for most markets). - Tested on datasets yielding 100+ trades (e.g., 2-min or 5-min charts over months). #### How to Use It - **Timeframe**: Works best on intraday (2-min, 5-min) or daily charts. Adjust `Opening Range Bars` (e.g., 15 bars = 30 min on 2-min chart) for your timeframe. - **Settings**: - Set your initial equity in the TradingView strategy tester’s "Properties" tab under "Initial Capital" (e.g., $10,000). The script automatically risks 5% of this equity per trade. - Adjust `Stop Loss ATR Multiplier` or `Risk:Reward Targets` based on your risk tolerance. - Note that commission (0.1%) and slippage (2 ticks) are fixed in the script for backtesting consistency. - **Execution**: Enter on signal, monitor plotted stop (red) and targets (green/blue). The strategy supports pyramiding (up to 2 positions) for scaling into trends. #### Backtesting Notes Results are realistic with commission (0.1%) and slippage (2 ticks) included. For a sufficient sample, test on volatile instruments (e.g., stocks, forex) over 3-6 months on lower timeframes. The default 1.5x ATR stop may seem wide, but it’s justified to avoid premature exits in volatile markets—feel free to tweak it with justification. The script assumes an initial capital of $10,000 in the strategy tester for the 5% risk calculation (e.g., $500 risk per trade); adjust this in the "Properties" tab as needed. This mashup isn’t just a random mix; it’s a deliberate fusion of complementary strategies, offering traders flexibility across market phases. Questions? Let me know!
Pine Script® strategy
by Stock_Reaver
PriorHourRangeLevels_v0.1PriorHourRangeLevels_v0.1 Created by dc_77 | © 2025 | Mozilla Public License 2.0 Overview "PriorHourRangeLevels_v0.1" is a versatile Pine Script™ indicator designed to help traders visualize and analyze price levels based on the prior hour’s range. It overlays key levels—High, Low, 75%, 50% (EQ), and 25%—from the previous hour onto the current price chart, alongside the current hour’s opening price. With customizable display options and time zone support, it’s ideal for intraday traders looking to identify support, resistance, and breakout zones. How It Works Hourly Reset: The indicator detects the start of each hour based on your chosen time zone (e.g., "America/New_York" by default). Prior Hour Range: It calculates the High and Low of the previous hour, then derives three additional levels: 75%: 75% of the range above the Low. EQ (50%): The midpoint of the range. 25%: 25% of the range above the Low. Current Hour Open: Displays the opening price of the current hour. Projection: Lines extend forward (default: 24 bars) to project these levels into the future, aiding in real-time analysis. Alerts: Triggers alerts when the price crosses any of the prior hour’s levels (High, 75%, EQ, 25%, Low). Key Features Time Zone Flexibility: Choose from options like UTC, New York, Tokyo, or London to align with your trading session. Visual Customization: Toggle visibility for each level (High, Low, 75%, EQ, 25%, Open, and Anchor). Adjust line styles (Solid, Dashed, Dotted), colors, and widths. Show or hide labels with adjustable sizes (Tiny, Small, Normal, Large). Anchor Line: A vertical line marks the start of the prior hour, with optional labeling. Alert Conditions: Set up notifications for price crossings to catch key moments without watching the chart. Usage Tips Use the High and Low as potential breakout levels, while 75%, EQ, and 25% act as intermediate support/resistance zones. Trend Confirmation: Watch how price interacts with the EQ (50%) level to gauge momentum. Session Planning: Adjust the time zone to match your market (e.g., "Europe/London" for FTSE trading). Projection Offset: Extend or shorten the lines (via "Projection Offset") based on your chart timeframe. Inputs Time Zone: Select your preferred market time zone. Anchor Settings: Show/hide the prior hour start line, style, color, width, and label. Level Settings: Customize visibility, style, color, width, and labels for Open, High, 75%, EQ, 25%, and Low. Display: Set projection length and label size.
Pine Script® indicator
by dc_77
1
SessionRangeLevels_v0.1SessionRangeLevels_v0.1 Overview: SessionRangeLevels_v0.1 is a customizable Pine Script (v6) indicator designed to plot key price levels based on a user-defined trading session. It identifies the high and low of the session and calculates intermediate levels (75%, 50% "EQ", and 25%) within that range. These levels are projected forward as horizontal lines with accompanying labels, providing traders with dynamic support and resistance zones. The indicator supports extensive customization for session timing, time zones, line styles, colors, and more. Key Features: Session-Based Range Detection: Tracks the high and low prices during a specified session (e.g., 0600-0900) and updates them dynamically as the session progresses. Customizable Levels: Displays High, 75%, EQ (50%), 25%, and Low levels, each with independent toggle options, styles (Solid, Dashed, Dotted), colors, and widths. Session Anchor: Optional vertical line marking the session start, with customizable style, color, and width. Projection Offset: Extends level lines forward by a user-defined number of bars (default: 24) for future price reference. Labels: Toggleable labels for each level (e.g., "High," "75%," "EQ") with adjustable size (Tiny, Small, Normal, Large). Time Zone Support: Aligns session timing to a selected time zone (e.g., America/New_York, UTC, Asia/Tokyo, etc.). Alert Conditions: Triggers alerts when the price crosses any of the plotted levels (High, 75%, EQ, 25%, Low). Inputs: Session Time (HHMM-HHMM): Define the session range (e.g., "0600-0900" for 6:00 AM to 9:00 AM). Time Zone: Choose from options like UTC, America/New_York, Europe/London, etc. Anchor Settings: Toggle the session start line, adjust its style (default: Dotted), color (default: Black), and width (default: 1). Level Settings: High (Solid, Black, Width 2) 75% (Dotted, Blue, Width 1) EQ/50% (Dotted, Orange, Width 1) 25% (Dotted, Blue, Width 1) Low (Solid, Black, Width 2) Each level includes options to show/hide, set style, color, width, and label visibility. Projection Offset: Number of bars to extend lines (default: 24). Label Size: Set label size (default: Small). How It Works: The indicator detects the start and end of the user-defined session based on the specified time and time zone. During the session, it tracks the highest high and lowest low, updating the levels in real-time. At the session start, it plots the High, Low, and intermediate levels (75%, 50%, 25%), projecting them forward. Lines and labels dynamically adjust as new highs or lows occur within the session. Alerts notify users when the price crosses any active level. Usage: Ideal for traders who focus on session-based strategies (e.g., London or New York open). Use it to identify key price zones, monitor breakouts, or set targets. Customize the appearance to suit your chart preferences and enable alerts for real-time trading signals. Notes: Ensure your chart’s timeframe aligns with your session duration for optimal results (e.g., 1-minute or 5-minute charts for short sessions). The indicator overlays directly on the price chart for easy integration with other tools.
Pine Script® indicator
by dc_77
Overlay Hourly Candle [odnac] * This script overlays 1-hour candlestick representations on the chart. * It captures the open, close, high, and low prices for each hourly period. * The script dynamically updates as new hourly candles form and adjusts the * box and wick positions accordingly. * * Features: * - Draws an hourly candle with body and wicks. * - Colors bullish candles in green and bearish candles in red. * - Updates dynamically as new hourly candles form. * - Uses TradingView's box and line functions to represent candle structures. * * Usage: * - Add the script to your TradingView chart as an overlay. * - Observe how the hourly candles appear distinctly on any timeframe.
Pine Script® indicator
by SpiritedPython5931
alphaJohnny Dynamic RSI IndicatorAlphaJohnny Dynamic RSI Indicator (Dyn RSI) The Dynamic RSI Indicator (Dyn RSI) is a custom Pine Script tool designed for TradingView that aggregates Relative Strength Index (RSI) signals from multiple timeframes to provide a comprehensive view of market momentum. It combines RSI data from Weekly, Daily, 4-hour, 1-hour, and 30-minute intervals, offering traders a flexible and customizable way to analyze trends across different periods. Key Features: Multi-Timeframe RSI Aggregation: Combines RSI signals from user-selected timeframes for a holistic momentum assessment. Dynamic or Equal Weighting: Choose between correlation-based dynamic weights (adjusting based on each timeframe’s correlation with price changes) or equal weights for simplicity. Smoothed Momentum Line: A visually intuitive line that reflects the strength of the aggregate signal, smoothed for clarity. Color-Coded Signal Strength: Dark Green: Strong buy signal Light Green: Weak buy signal Yellow: Neutral Light Red: Weak sell signal Dark Red: Strong sell signal Visual Markers: Large green triangles at the bottom for strong buy signals and red triangles at the top for strong sell signals. How to Use: Apply to Chart: Add the indicator to your TradingView chart (it will appear in a separate pane). Customize Settings: Adjust inputs like RSI period, signal thresholds, included timeframes, weighting method, and smoothing period to fit your trading style. Interpret Signals: Momentum Line: Watch for color changes to gauge market conditions. Triangles: Green at the bottom for strong buy opportunities, red at the top for strong sell opportunities. Notes: The indicator is designed for a separate pane (overlay=false), with triangles positioned relative to the pane’s range. Fine-tune thresholds and weights based on your strategy and the asset being analyzed. The source code is open for modification to suit your needs. This indicator is ideal for traders seeking a multi-timeframe perspective on RSI to identify potential trend reversals and momentum shifts.
Pine Script® indicator
by oneAlphaJohnny
GLXY Support & Resistance ZonesHere’s a structured trading strategy for Galaxy Digital Holdings Ltd. (GLXY) based on a combination of technical analysis, market sentiment, and macro crypto market movement: ⸻ 1. Timeframe     •    Swing trading timeframe: 1-week to 1-month trades.     •    Monitor daily and 4H charts for entries and exits. ⸻ 2. Key Factors Driving GLXY     •    Strongly correlated to Bitcoin and Ethereum price movement.     •    Sensitive to regulatory news in Canada/US and institutional crypto adoption.     •    Watch Galaxy’s quarterly earnings and treasury BTC/ETH position updates. ⸻ 3. Entry Strategy A) Technical Setup:     •    Buy at major support zones:     •    Key support levels: $7.00 CAD, $9.00 CAD (verify current chart levels).     •    Enter long positions on bullish reversal candles at these supports.     •    Breakout trades:     •    Enter long positions on confirmed breakouts above significant resistance (watch volume and 1D close).     •    Moving Average Confirmation:     •    Only trade long if price is above the 50-day moving average and 50 MA is upward sloping. B) Macro Confirmation:     •    Only take aggressive long positions if BTC price is in an uptrend (above its own 50-day MA).     •    Monitor ETH/BTC pair as additional confidence for alt sentiment. ⸻ 4. Exit Strategy     •    First partial profit target: Previous swing highs or Fibonacci extension levels (commonly 1.272 or 1.618).     •    Trailing stop: Move stop-loss to entry when trade is +10%.     •    Hard stop-loss: Below the last daily support (2-5% risk). ⸻ 5. Diversification     •    Do not exceed 5-7% of total portfolio per trade.     •    Hedge exposure by monitoring crypto futures or crypto sentiment indexes (eg. Fear & Greed Index). ⸻ 6. Optional Short Setup     •    Only short if price breaks major support with strong volume, and BTC/ETH are in confirmed downtrends.     •    Short target: next daily support zone. ⸻ 7. News / Event-based Catalyst     •    Enter small positions before major earnings or after big regulatory decisions if crypto sentiment is bullish. ⸻ 8. Review     •    Reassess the strategy every month based on BTC market structure.     •    Track your trade results for GLXY separately to refine position sizing and entry criteria. ⸻
Pine Script® indicator
by Keltner1972
Multi-Timeframe EMAsThis TradingView indicator provides a comprehensive overview of price momentum by overlaying multiple Exponential Moving Averages (EMAs) from different timeframes onto a single chart. By combining 1-hour, 4-hour, and daily EMAs, you can observe short-term trends while simultaneously monitoring medium-term and long-term market dynamics. The 1-hour EMA 13 and EMA 21 help capture rapid price changes, which is useful for scalpers or intraday traders looking to identify sudden momentum shifts. Meanwhile, the 4-hour EMA 21 offers a more stable, intermediate perspective, filtering out some of the noise found in shorter intervals. Finally, the daily EMAs (13, 25, and 50) highlight prevailing market sentiment over a longer period, enabling traders to assess higher-level trends and gauge whether short-term signals align with overarching tendencies. By plotting all these EMAs together, it becomes easier to detect confluences or divergences across different time horizons, making it simpler to refine entries and exits based on multi-timeframe confirmation. This script is especially helpful for swing traders and position traders who wish to ensure that smaller timeframe strategies do not conflict with long-term market direction.
Pine Script® indicator
by zeroxhopium
ORB with Alerts - Current Day OnlyORB with Alerts - Current Day Only This script plots the Opening Range Breakout (ORB) levels and provides alerts when price breaks above or below the range. It is designed for intraday trading and resets daily. How It Works: The ORB time in settings should be set to 15 minutes. The Session Time should be set to 09:30 - 09:45. The script marks the high and low of the ORB period and tracks price action for breakouts. Alerts trigger when price crosses above the ORB high or below the ORB low. This tool helps traders identify breakout opportunities based on early price action, aiding in momentum-based strategies
Pine Script® indicator
by samb817
Standard Deviation (fadi)The Standard Deviation indicator uses standard deviation to map out price movements. Standard deviation measures how much prices stray from their average—small values mean steady trends, large ones mean wild swings. Drawing from up to 20 years of data, it plots key levels using customizable Fibonacci lines tied to that standard deviation, giving traders a snapshot of typical price behavior. These levels align with a bell curve: about 68% of price moves stay within 1 standard deviation, 95% within roughly 2, and 99.7% within roughly 3. When prices break past the 1 StDev line, they’re outliers—only 32% of moves go that far. Prices often snap back to these lines or the average, though the reversal might not happen the same day. How Traders Use It If prices surge past the 1 StDev line, traders might wait for momentum to fade, then trade the pullback to that line or the average, setting a target and stop. If prices dip below, they might buy, anticipating a bounce—sometimes a day or two later. It’s a tool to spot overstretched prices likely to revert and/or measure the odds of continuation. Settings Higher Timeframe: Sets the Higher Timeframe to calculate the Standard Deviation for Show Levels for the Last X Days: Displays levels for the specified number of days. Based on X Period: Number of days to calculate standard deviation (e.g., 20 years ≈ 5,040 days). Larger periods smooth out daily level changes. Mirror Levels on the Other Side: Plots symmetric positive and negative levels around the average. Fibonacci Levels Settings: Defines which levels and line styles to show. With mirroring, negative values aren’t needed. Background Transparency: Turn on Background color derived from the level colors with the specified transparency Overrides: Lets advanced users input custom standard deviations for specific tickers (e.g., NQ1! at 0.01296).
Pine Script® indicator
by fadizeidan
18
Ehlers Adaptive Trend Indicator [Alpha Extract]Ehlers Adaptive Trend Indicator The Ehlers Adaptive Trend Indicator combines Ehlers' advanced digital signal processing techniques with dynamic volatility bands to identify robust trend conditions and potential reversals. This powerful tool helps traders visualize trend strength, adaptive support/resistance levels, and momentum shifts across various market conditions. 🔶 CALCULATION The indicator employs a sophisticated adaptive algorithm that responds to changing market conditions: • Ehlers Filter : Calculates a weighted average based on momentum differences to create an adaptive trend baseline. • Dynamic Bands : Volatility-adjusted bands that expand and contract based on recent price action. • Trend Level : A dynamic support/resistance level that adapts to the current trend direction. • Smoothed Volatility : Market volatility measured and smoothed to provide reliable band width. Formula: • Ehlers Basis = Weighted average of price, with weights determined by momentum differences • Volatility = Standard deviation of price over Ehlers Length period • Smoothed Volatility = EMA of volatility over Smoothing Length • Upper Band = Ehlers Basis + Smoothed Volatility × Sensitivity • Lower Band = Ehlers Basis - Smoothed Volatility × Sensitivity • Trend Level = Adaptive support in uptrends, resistance in downtrends 🔶 DETAILS Visual Features : • Ehlers Basis Line (Yellow): The core adaptive trend reference that serves as the primary trend indicator. • Trend Level Line (Dynamic Color): Changes between green (bullish) and red (bearish) based on the current trend state. • Fill Areas : Transparent green fill during bullish trends and transparent red fill during bearish trends for clear visual identification. • Bar Coloring : Optional price bar coloring that reflects the current trend direction for enhanced visualization. Interpretation : • **Bullish Signal**: Price crosses above the upper band, triggering a trend change with the Trend Level becoming dynamic support. • **Bearish Signal**: Price drops below the lower band, confirming a trend change with the Trend Level becoming dynamic resistance. • **Trend Continuation**: Trend Level rises in bullish markets and falls in bearish markets, providing adaptive trailing support/resistance. 🔶 EXAMPLES The chart demonstrates: • Bullish Trend Identification : When price breaks above the upper band, the indicator shifts to bullish mode with green trend level and fill. • Bearish Trend Identification : When price falls below the lower band, the indicator shifts to bearish mode with red trend level and fill. • Trend Persistence : Trend Level adapts to market movement, rising during uptrends to provide dynamic support and falling during downtrends to act as resistance. Example Snapshots : • During a strong uptrend, the Trend Level continuously adjusts upward, keeping traders in the trend while filtering out minor retracements. • During trend reversals, clear color changes and Trend Level shifts provide early warning of potential direction changes. 🔶 SETTINGS Customization Options : • Ehlers Length (p1) (Default: 30): Controls the primary adaptive calculation period, balancing responsiveness with stability. • Momentum Length (p2) (Default: 25): Determines the lag for momentum calculations used in the adaptive weighting. • Smoothing Length (Default: 10): Adjusts the volatility smoothing period—higher values provide more stable bands. • Sensitivity (Default: 1.0): Multiplier for band width—higher values increase distance between bands, lower values tighten them. • Visual Settings : Customizable colors for bullish and bearish trends, basis line, and optional bar coloring. The Ehlers Adaptive Trend Indicator combines John Ehlers' digital signal processing expertise with modern volatility analysis to create a robust trend-following system that adapts to changing market conditions, helping traders stay on the right side of the market.
Pine Script® indicator
by AlphaExtract