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MTF Bollinger Bands TT (3BB) Hello TradingView Community, I'm excited to share another indicator I've developed, building upon the usefulness of Multi-Timeframe analysis. **MTF Bollinger Bands TT (3BB)** **What is this Indicator?** This indicator plots Bollinger Bands (BBs) for up to **three different timeframes simultaneously** on your chart. It also allows you to display **standard Basis line, ±1σ bands, ±2σ and ±3σ bands** of three different timeframes, offering more insights into price volatility and potential reversals or continuations. **Key Features and Benefits:** This MTF Bollinger Bands indicator is designed to be highly flexible and informative: 1. **Three Timeframes at Once:** Easily visualize the BB structure of three different timeframes alongside your current chart, helping you understand the broader market context. 2. **Multiple Sigma Levels:** Go beyond the standard ±1σ. You can display and analyze price action relative to ±2σ and even ±3σ deviations. 3. **Configurable Moving Average Type:** Choose from various MA types for the basis line, including SMA, EMA, WMA, and VWMA, to best suit your analysis style. 4. **Detailed Customization:** For each of the three timeframes, you can set the period, offset, line colors (for each band: Basis, ±1σ, ±2σ, ±3σ), and line styles/thickness. You can also select the price source (e.g., close, HLC/3). 5. **🎉 Crucial Feature: Wait for Higher Timeframe Candle Close Option 🎉** One of the challenges with MTF indicators can be "repainting" or changes on the current candle close when using higher timeframes. This indicator includes a **"Wait for HTF Candle Close"** option. When enabled, the indicator will only update the higher timeframe's BBs after that higher timeframe's candle has fully closed. This can help you make more reliable decisions based on confirmed higher timeframe levels. 6. **Informative Labels:** Similar to my MTF MA indicator, this BB indicator can display **labels at the end of the bands**, clearly showing the timeframe and period (e.g., "4H BB(20)"). You can even adjust the label text size (tiny, small, normal, large) in the settings for better visibility. **How to Use:** Add the indicator to your chart and open its settings. Configure the three timeframes you wish to display, along with their periods, MA types, and desired sigma bands (±1σ, ±2σ, ±3σ). Customize colors and line styles for clarity. Experiment with the "Wait for HTF Candle Close" option to see how it affects your analysis, especially on intraday charts. **In Conclusion:** I created this indicator to provide a powerful and flexible tool for traders who use Bollinger Bands and Multi-Timeframe analysis. I believe the multiple sigma levels, detailed customization, the candle close option, and the informative labels make it particularly useful. I hope this indicator helps enhance your trading strategy! Please give it a try. Your feedback, suggestions, and bug reports are highly welcome in the comments section. If you find it useful, please give it a thumbs up! 👍 Thank you, and happy trading!
Pine Script® indicator
by itsmeterada
Comprehensive Trend & Signal StrategyScript Summary: "Configurable Trend & Signal System (CTSS)" This TradingView script is a comprehensive technical analysis tool designed to generate trading signals (Long or Short) based on a configurable combination of several popular indicators. It aims to provide a flexible system where users can tailor the signal sensitivity and criteria to their specific trading style and market conditions. Core Functionality: Multi-Filter Signal Generation: The script generates buy (Long) or sell (Short) signals when conditions from several user-selected technical filters align. Configurable Filters: It includes the following filters, each of which can be enabled or disabled and customized: Main Trend Filter: Uses two Exponential Moving Averages (EMAs). A long signal requires the faster EMA to be above the slower EMA, and vice-versa for a short signal. MACD Filter: Utilizes the Moving Average Convergence Divergence. Users can choose between a standard MACD or one derived from custom EMA lengths. A long signal requires the MACD line to be above its signal line, and vice-versa for a short. RSI Filter: Employs the Relative Strength Index. For a long signal, it typically looks for the RSI to be below an oversold level (or simply not overbought, depending on configuration). For a short signal, it looks for the RSI to be above an overbought level (or not oversold). Volume Filter: Analyzes trading volume. It can identify volume spikes (volume significantly above its moving average) which can be used to confirm the strength of a potential signal. Sensitivity Presets: Offers global "Sensitivity Presets" (e.g., Conservative, Moderate, Aggressive) that automatically adjust the parameters of all underlying filters to predefined settings, simplifying initial setup. Users can then fine-tune from these presets. Stop Loss (SL) and Take Profit (TP) Management: Once a signal is generated, the script calculates and can display SL and TP levels. These levels can be based on the Average True Range (ATR) multiplied by a user-defined factor, or a fixed number of pips/points. It visually tracks these levels on the chart. Visualizations: Plots the selected indicators (EMAs, MACD lines, RSI, Volume MA) on the chart. Displays signal markers ("L" for Long, "S" for Short) directly on the price bars where signals occur. Draws horizontal lines for the current Stop Loss and Take Profit levels if a trade signal is active. Includes an optional on-chart Information Table summarizing the status of all enabled filters, the current signal state (Long/Short/None), and active SL/TP levels. Alerts: The script can generate alerts for: New Long signals. New Short signals. When a Take Profit level is hit for a long or short trade. When a Stop Loss level is hit for a long or short trade. How Signals Are Generated: A Long signal is generated only if all enabled filters simultaneously indicate bullish conditions. For example, if the Main Trend, MACD, and RSI filters are active, a Long signal would require: Fast EMA > Slow EMA (Main Trend) MACD Line > MACD Signal Line (MACD) RSI is in a bullish state (e.g., coming out of oversold, or simply not overbought). Similarly, a Short signal requires all enabled filters to indicate bearish conditions. The script manages one "trade" at a time; a new signal in the opposite direction will reverse the current position. Instructions for Using the "Configurable Trend & Signal System (CTSS)" Script Adding to Chart: Open TradingView. Open the Pine Editor (usually at the bottom of the chart). Paste the entire script code into the editor. Click "Add to Chart." Accessing Settings: Once the script is on your chart, hover over its name in the top-left corner of the chart (or in the legend if it's an overlay). Click the "Settings" (gear) icon. This will open the script's configuration panel. Configuring the Script (Inputs Tab): Global Settings & Presets: Sensitivity Preset: Start here. Choose "Conservative," "Moderate," or "Aggressive." This will automatically set many of the parameters below. You can then fine-tune them. "Custom" means your individual settings will be used. Main Trend Filter: Use Main Trend Filter?: Check to enable this filter. Fast MA Length, Slow MA Length: Set the periods for the two EMAs. Show Main Trend MAs?: Toggle visibility of these EMAs on the chart. Customize colors, width, and style for the plotted MAs. MACD Filter: Use MACD Filter?: Check to enable. MACD Source Type: Default: Uses standard MACD (12, 26, 9 periods typically). You can adjust Fast Length, Slow Length, Signal Smoothing. Custom EMA Source: Derives MACD from two custom EMAs. Set Source Fast EMA Length, Source Slow EMA Length, and Signal Smoothing for Custom. Show MACD Plot?: Toggle visibility of MACD and signal lines. Customize colors and width. RSI Filter: Use RSI Filter?: Check to enable. RSI Length: Set the period for RSI calculation. RSI Overbought, RSI Oversold: Define the levels for overbought/oversold conditions. Show RSI Plot?: Toggle visibility of the RSI line and OB/OS levels. Customize colors and width. Volume Filter: Use Volume Filter?: Check to enable. Volume MA Lookback: Period for the moving average of volume. Volume Spike Multiplier: How many times the current volume must be above its MA to be considered a spike. Show Volume MA?: Toggle visibility of the volume MA. Customize color for the volume MA and volume bars indicating a spike. Stop Loss & Take Profit Settings: Use ATR for SL/TP?: If checked: Uses ATR. Set ATR Length, SL ATR Multiplier, TP ATR Multiplier. If unchecked: Uses fixed pips. Set Fixed SL Pips, Fixed TP Pips. (Note: "Pips" here means minimum price increments of the instrument). Show SL/TP Lines on Chart?: Toggle visibility of the SL/TP lines when a signal is active. Customize colors, width, and style for SL and TP lines. Visuals & Alerts Group: Show Signal Markers?: Toggle "L" and "S" markers on the chart. Long/Short Signal Marker Color: Choose colors for these markers. Show Information Table?: Toggle the on-chart summary table. Table Position: Choose where the table appears (e.g., Top Right). Table Text/Background Color: Customize table appearance. Understanding the Chart Display: Indicator Plots: You'll see the EMAs, MACD lines, RSI, and Volume MA plotted if you've enabled them. Signal Markers: An "L" will appear below a bar for a long signal, and an "S" above a bar for a short signal. SL/TP Lines: If a signal is active and SL/TP lines are enabled, you'll see horizontal lines at the calculated Stop Loss and Take Profit prices. These lines will extend with new bars until the trade is closed by an SL/TP hit or a reverse signal. Information Table: If enabled, this table provides a real-time summary of: The script's preset status. The status of each enabled filter (e.g., Main Trend: Bullish, MACD: Bearish). The current overall signal (Long, Short, or None). If a signal is active: Entry Price, Stop Loss Price, Take Profit Price. SL/TP Hit Labels: When a Stop Loss or Take Profit is hit, a small label ("SL Hit" or "TP Hit") will appear on the chart at that price level. Setting Up Alerts (TradingView Feature): Click the "Alert" button (clock icon) on the TradingView top toolbar or right-click on the chart and select "Add alert." In the "Condition" dropdown, select the name of this script (e.g., "CTSS"). A second dropdown will appear, allowing you to choose the specific alert condition: "CTSS: New Long Signal..." "CTSS: New Short Signal..." "CTSS: Long Take Profit Hit..." "CTSS: Long Stop Loss Hit..." "CTSS: Short Take Profit Hit..." "CTSS: Short Stop Loss Hit..." Choose your desired options (e.g., "Once Per Bar Close" is common for signal alerts). Configure notification preferences (popup, email, etc.). Click "Create." General Advice for Use: Backtesting & Forward Testing: Thoroughly test any configuration on historical data and then in a simulated (paper trading) environment before risking real capital. Understand the Indicators: Familiarize yourself with how EMAs, MACD, RSI, and Volume analysis work independently to better understand their combined effect. Start with Presets: Use the sensitivity presets as a starting point and then adjust individual parameters to suit the specific asset and timeframe you are trading. Risk Management: This script provides SL/TP suggestions, but always apply your own comprehensive risk management strategy. The script itself is a tool, not a complete trading plan. Not Financial Advice: This script is for educational and informational purposes. It does not constitute financial advice. By following these instructions, you can effectively configure and utilize the "Configurable Trend & Signal System" to aid your trading analysis.
Pine Script® indicator
by ChalkBoardAnalytics
Pivot Points High Low with AlertsDefinition The Pivot Points High Low indicator is used to determine and anticipate potential changes in market price and reversals. The Highs referred to in the title are created based on the number of bars that exhibit lower highs on either side of a Pivot Point High, whereas the Lows are created based on the number of bars that exhibit higher lows on either side of a Pivot Point Low. Calculations As mentioned above, Pivot Point Highs are calculated by the number of bars with lower highs on either side of a Pivot Point High calculation. Similarly, Pivot Point Lows are calculated by the number of bars with higher lows on either side of a Pivot Point Low calculation. Takeaways and what to look for A Pivot Point is more significant or noteworthy if the trend is extended or longer than average. This can mean if a trader selects a higher period for before and after the Pivot Point, the trend could be longer and therefore prove the Pivot Point itself more notable. Additionally, Pivot Points can help a trader assess where would be best to draw. By analyzing price changes and reversals, a trader has more of an ability to determine and predict price patterns and general price trends. Summary The Pivot Points High Low indicator can predict and determine price changes and potential reversals in the market. Pivot Points can also help traders identify price patterns and trends, depending on the period and significance of the Pivot Point value.
Pine Script® indicator
by Kayuun
1
ATR-Based Target & Stop-Loss📈 ATR-Based Stop Loss & Target Finder Indicator – Description The ATR-Based SL & Target Finder is a dynamic risk management tool designed to calculate optimal stop loss and target levels based on market volatility. It leverages the Average True Range (ATR)—a popular volatility indicator—to adaptively scale your risk according to current market conditions. 🔧 How It Works: Input Parameters: ATR Length (Default: 14): Determines the period over which ATR is calculated. Risk Multiplier (for SL): The SL is calculated as a multiple of the ATR (e.g., 1.5× ATR). Reward Multiplier (for Target): The target is calculated as a multiple of the ATR (e.g., 2× or 3× ATR). Entry Candle Logic: You define the entry candle (either via strategy logic or manual marking). The indicator uses the high/low of this entry candle to place the SL and target. Stop Loss & Target Levels: For Long Positions: SL = Entry Candle Low − (Risk Multiplier × ATR) Target = Entry Price + (Reward Multiplier × ATR) For Short Positions: SL = Entry Candle High + (Risk Multiplier × ATR) Target = Entry Price − (Reward Multiplier × ATR) Visuals on Chart: Horizontal lines or labels indicating SL and target levels. Option to enable/disable real-time labels and color-coded zones. ✅ Key Features: Volatility-Adjusted: Adapts to market conditions automatically. Customizable Multipliers: Supports various risk-reward ratios (e.g., 1:2, 1:3). Intraday & Positional: Works across timeframes (5-min to daily). Trend-Agnostic: Can be paired with any entry strategy (EMA cross, candle rating, RSI/VWAP, etc.). 🎯 Ideal Use Case: Traders seeking objective, emotion-free exits based on volatility—especially in fast-moving instruments like Nifty/Bank Nifty, stocks, or crypto. The indicator fits seamlessly with both manual trading setups and algo executions that require SL/target auto-calculation.
Pine Script® indicator
by sketan12
MA Dispersion+MA Dispersion+ — read the “breathing space” between your moving-averages Get instant feedback on trend strength, volatility expansion and mean-reversion — across any timeframe. MA Dispersion+ turns the humble moving-average stack into a single, easy-to-read oscillator that tells you at a glance whether price is coiling or fanning out. 🧩 What it does Plugs into your favourite MA setup • Pick the classic 5 / 20 / 50 / 200 lengths or disable any combination with one click. • Choose the MA engine you trust — SMA, EMA, RMA, VWMA or WMA. • Works on any timeframe thanks to TradingView’s security() engine. Measures “spread” For every bar it calculates the absolute distance of each selected MA from their average. The tighter the stack, the lower the value; the wider the fan, the higher the value. Adds professional-grade controls • Weighting — let short-term MAs dominate (Inverse Length), keep everything equal, or dial in your own custom weights. • Normalisation — convert the raw distance into a percentage of price, ATR multiples, or scale by the MAs’ own mean so you can compare symbols of any price or volatility. 🔍 How traders use it Trend confirmation – rising dispersion while price breaks out = momentum is genuine. Volatility squeeze – dispersion parking near zero warns that a big move is loading. Multi-TF outlook – drop one pane per timeframe (e.g. 5 m, 1 h, 1 D) and see which layer of the market is driving. Mean-reversion plays – spikes that fade quickly often coincide with exhaustion and snap-backs. ⚙️ Quick-start Add MA Dispersion+ to your chart. Set the pane’s timeframe in the first input. Tick the MA lengths you actually use. (Optional) Pick a weighting scheme and a normaliser. Repeat the indicator for as many timeframes as you like — each instance keeps its own settings. ✨ Why you’ll love it Zero clutter – one orange line tells you what four separate MAs whisper. Configurable yet bullet-proof – all lengths are hard-coded constants, so Pine never complains. Context aware – normalisation lets you compare BTC’s $60 000 chaos with EURUSD’s four--decimals calm. Lightweight – no labels, no drawings, no background processing — perfect for mobile and multi-pane layouts. Give MA Dispersion+ a try and let your charts breathe — you’ll never look at moving-average ribbons the same way again. Happy trading!
Pine Script® indicator
by GeoffGolder
LANZ Strategy 2.0🔷 LANZ Strategy 2.0 — London Breakout Confirmation with Structural Swing Protection LANZ Strategy 2.0 is a structured trading system that leverages the last confirmed market direction before the London session to define directional bias and manage trades based on key structural swing levels. It is tailored for intraday traders looking to capitalize on early London volatility with built-in risk management and visual clarity. 🧠 Core Components: Directional Confirmation (Pre-London Bias): Validates the last breakout or structural move from the 15-minute timeframe before 02:15 a.m. New York time (start of the London session), establishing the expected market direction. Time-Based Execution: Executes potential entries strictly at 02:15 a.m. NY time, using market structure to support Long or Short bias. Dynamic Swing-Based SL System: Allows user to select between three SL protection models: First Swing (most recent structural point) Second Swing (prior level) Total Coverage (includes both swings + extra buffer) This supports flexibility based on trader profile or market conditions. Visual Risk Mapping: All SL and TP levels are clearly plotted. End-of-Session Management: Positions are automatically evaluated for closure at 11:45 a.m. NY time. SL, TP, or manual close outcomes are labeled accordingly. 📊 Visual Features: Labels for 1st and 2nd swing levels upon entry. Dynamic lines projecting SL/TP levels toward the end of the session. Session background coloring for Pre-London, Execution, and NY sessions. Real-time percentage outcome labels (+2.00%, -1.00%, or net % at session end). Automatic deletion of previous visuals on new entries for clean charting. ⚙️ How It Works: Detects last structural breakout on the 15m timeframe before 02:15 a.m. NY. On the 02:15 a.m. candle, executes a Long or Short logic entry. Plots corresponding SL and TP based on selected swing model. Monitors price action: If TP or SL is hit, labels it accordingly. If no exit is hit, trade closes manually at 11:45 a.m. NY with net result shown. Optional logic to reverse entries if market structure breaks before execution. 🔔 Alerts: Daily execution alert at 02:15 a.m. NY (prompting manual review or action). Optional alert logic can be extended for SL/TP hits or structure breaks. 📝 Notes: Designed for semi-automated or discretionary intraday trading. Best used on Forex pairs or indices with strong London session behavior. Adjustable parameters include session hours, swing SL type, and buffer settings. Credits: Developed by LANZ, this script combines time-based execution with dynamic structure protection, offering a disciplined framework for participating in the London session breakout with clear visuals and risk logic.
Pine Script® indicator
by rau_u_lanz
Divergence Macro Sentiment Indicator (DMSI)The Divergence Macro Sentiment Indicator (DMSI) Think of DMSI as your daily “mood ring” for the markets. It boils down the tug-of-war between growth assets (S&P 500, copper, oil) and safe havens (gold, VIX) into one clear histogram—so you instantly know if the bulls have broad backing or are charging ahead with one foot tied behind. 🔍 What You’re Seeing Green bars (above zero): Risk-on conviction. Equities and commodities are rallying while gold and volatility retreat. Red bars (below zero): Risk-off caution. Gold or VIX are climbing even as stocks rise—or stocks aren’t fully joined by oil/copper. Zero line: The line in the sand between “full-steam ahead” and “proceed with care.” 📈 How to Read It Cross-Zero Signals Bullish trigger: DMSI flips up through zero after a red stretch → fresh long entries. Bearish trigger: DMSI tumbles below zero from green territory → tighten stops or go defensive. Divergence Warnings If SPX makes new highs but DMSI is rolling over (lower green bars or red), that’s your early red flag—rallies may fizzle. Strength Confirmation On pullbacks, only buy dips when DMSI ≥ 0. When DMSI is deeply positive, you can be more aggressive on position size or add leverage. 💡 Trade Guidance & Use Cases Trend Filter: Only take your S&P or sector-ETF long setups when DMSI is non-negative—avoids hollow rallies. Macro Pair Trades: Deep red DMSI: go long gold or gold miners (GLD, GDX). Strong green DMSI: lean into cyclicals, industrials, even energy names. Risk Management: Scale out as DMSI fades into negative territory mid-trade. Scale in or add to winners when it stays bullish. Swing Confirmation: Overlay on any oscillator or price-pattern system—accept signals only when the macro tide is flowing in your favour. 🚀 Why It Works Markets don’t move in a vacuum. When stocks rally but the “real-economy” metals and volatility aren’t cooperating, something’s off under the hood. DMSI catches those cross-asset cracks before price alone can—and gives you an early warning system for smarter entries, tighter risk, and bigger gains when the macro trend really kicks in.
Pine Script® indicator
by Trading_Theories
RSI Ichimoku Cloud + SignalsIndicator Name: RSI Ichimoku Cloud with SMA200 Filter Description: This custom indicator combines the Relative Strength Index (RSI) with Ichimoku Cloud logic and a 200-period Simple Moving Average (SMA) applied to RSI, providing enhanced signal filtering and trend validation. How It Works: RSI Calculation Standard RSI is calculated (default period: 14). Ichimoku Cloud on RSI Traditional Ichimoku components (Tenkan-sen, Kijun-sen, Senkou Span A & B) are applied directly to the RSI instead of price. The future cloud (Senkou Span A/B) helps anticipate RSI momentum shifts. SMA 200 on RSI A 200-period SMA is calculated on the RSI line, acting as a trend filter. Only long (buy) signals are allowed when RSI > SMA200. Only short (sell) signals are allowed when RSI < SMA200. Entry Signals Buy Signal: RSI crosses above the Ichimoku cloud + cloud is bullish + Tenkan > Kijun + RSI above SMA200. Sell Signal: RSI crosses below the cloud + cloud is bearish + Tenkan < Kijun + RSI below SMA200. Visual Output Buy and Sell signals are plotted as labels on the main price chart. The indicator does not draw the RSI or SMA visually, but uses them internally for signal generation.
Pine Script® indicator
by afacademi
200-Day SMA & EMA with StdDev Bands and Cross TrackingLocks everything to the daily chart, regardless of which timeframe you’re viewing. Plots two main moving averages: A 200‑period Simple Moving Average (SMA). A 200‑period Exponential Moving Average (EMA). Draws shaded “bands” around each average at ±0.5σ, ±1σ, ±1.5σ, ±2σ, ±2.5σ, and ±3σ, with progressively fainter lines as you move farther from the mean. Highlights a “stable zone” in the background when price has stayed within one standard deviation of the SMA for more than a user‑defined number of bars. Detects and marks “deviation crossovers” between the SMA and EMA bands at 2σ, 2.5σ, and 3σ levels: Draws a small circle at the crossover point. Extends a line forward 500 bars at that price. Automatically removes that line if price later touches it. Marks Golden and Death Crosses (when the 50‑day EMA crosses the 200‑day EMA): “GC” for Golden Cross, plotted in green. “DC” for Death Cross, plotted in red, with the same forward‑extending line logic.
Pine Script® indicator
by milwaki5
Multi-Timeframe Countdown Timer TTHello TradingView Community, I'm excited to share the latest version of an indicator I've developed: The **Multi-Timeframe Countdown Timer v6**. **What is this indicator?** This indicator provides a clear and convenient countdown showing the time remaining until the *next candle closes* for *multiple timeframes* simultaneously on your chart. **Key Features & Benefits:** Tracking candle closing times across different timeframes is crucial for many trading strategies. This indicator makes it easy and visually intuitive: 1. **Multi-Timeframe Support:** Monitor countdowns for several timeframes all at once, including higher timeframes than your current chart view. 2. **Compact Table Display:** See all your chosen timers neatly organized in a small, unobtrusive table directly on your chart. 3. **Full Customization:** Tailor the indicator to your needs! You can easily customize: * **Display Position:** Choose where the table appears on your chart. * **Text Size:** Adjust the size of the countdown text for readability. * **Colors:** Set colors for the background, text, and warning state. * **Timeframe Selection:** Easily select which timeframes you want to track. 4. **4H Candle Reference Time Adjustment:** A unique feature that allows you to adjust the *start time* reference for the 4-hour candle countdown. This is essential for aligning the timer correctly with different exchange or broker time settings, ensuring accurate 4H tracking. 5. **Warning Color Alert:** The timer changes color (default: red) when there are less than 10 seconds remaining, giving you a clear visual alert just before the candle closes. **How to Use:** Simply add the "Multi-Timeframe Countdown Timer v6" indicator to your chart. Open its settings to select the timeframes you want to track, adjust the display position, size, colors, and configure the 4H reference time if needed. This indicator is perfect for traders who need to stay precise with their timing and monitor activity across various time perspectives without constantly switching timeframes. I hope you find this tool valuable for your trading! Please give it a try and share any feedback or suggestions in the comments below. If you find it useful, please hit the "Like" button! Happy Trading!
Pine Script® indicator
by itsmeterada
Vietnamese Market Structure With CountersThis indicator is designed to track Market Structure with Swing-Low Breakdowns and Swing-High Breakups specifically tailored for the Vietnamese stock market, though it can be applied elsewhere too. By default, it uses a 10-period EMA to dynamically detect key turning points in price action and count significant breakdowns or breakups from previous swing levels. As an open source, you can modify the source code to match your needs. What it does: Detects when price breaks below previous swing lows or above previous swing highs. Plots swing levels for both highs and lows. Displays labeled counters on the chart to show how many consecutive breakdowns or breakups have occurred. Helps traders identify trend shifts and possible exhaustion in moves. Why it's useful: This tool is great for visually tracking market momentum and structure changes — especially in trending or volatile environments. It emphasizes structure over indicators, helping you understand price behavior in a simplified, intuitive way. License: This script is published under the Mozilla Public License 2.0. Feel free to use, modify, and contribute! Created with care by @doqkhanh. If you find it useful, consider leaving a comment or sharing it with others!
Pine Script® indicator
by doqkhanh
Bitcoin Impact AnalyzerSummary of the "Bitcoin Impact Analyzer" script, the adjustments users can make, and an explanation of what the chart and table represent: Script Summary: The "Bitcoin Impact Analyzer" script is designed to help traders and analysts understand the relationship between a chosen altcoin and Bitcoin (BTC). It does this by: Fetching price data for the specified altcoin and Bitcoin. Calculating several key comparative metrics: Normalized Prices: Shows the percentage performance of both assets from a common starting point. Price Correlation: Measures how similarly the two assets' prices move over a defined period. Beta: Indicates the altcoin's volatility relative to Bitcoin. Altcoin/BTC Ratio: Shows the altcoin's value expressed in Bitcoin. Fetching and displaying Bitcoin Dominance (BTC.D) data. Visualizing these metrics on the chart as distinct plots. Displaying the current values of these key metrics in a data table on the chart for quick reference. The script aims to provide insights into whether an altcoin is outperforming or underperforming Bitcoin, how closely its price movements are tied to Bitcoin's, and its relative volatility. User Adjustments: Users can customize the script's behavior through several input settings: Symbol Inputs: Altcoin Symbol: Users can enter the ticker symbol for any altcoin they wish to analyze (e.g., BINANCE:ETHUSDT, KUCOIN:SOLUSDT). Bitcoin Reference Symbol: Users can specify the Bitcoin pair to use as a reference, though BINANCE:BTCUSDT is a common default. Lookback for Correlation/Beta: Lookback Period: This integer value (default 50 periods) determines how many past candles are used to calculate the price correlation and beta. A shorter lookback makes the metrics more sensitive to recent price action. A longer lookback provides a smoother, more stable indication of the longer-term relationship. Plot Visibility Options: Users can toggle on or off the display of each individual plot on the chart: Normalized BTC & Altcoin Prices Altcoin/BTC Ratio Correlation Plot Bitcoin Dominance (BTC.D) Beta Plot This allows users to focus on specific metrics and reduce chart clutter. What the Chart Represents: The chart visually displays the historical trends and relationships of the selected metrics: Normalized Prices Plot: Two lines (typically orange for BTC, blue for the altcoin) show the percentage growth of each asset from the start of the loaded chart data (or the first available data point for each symbol). This makes it easy to see which asset has performed better over time on a relative basis. Correlation Plot: A single line (purple) oscillates between -1 and +1. Values near +1 indicate a strong positive correlation (altcoin and BTC prices tend to move in the same direction). Values near -1 indicate a strong negative correlation (they tend to move in opposite directions). Values near 0 indicate little to no linear relationship. Lines at +0.7 and -0.7 are often plotted as thresholds for "strong" correlation. Beta Plot (if enabled): A single line (teal) shows the altcoin's volatility relative to BTC. A Beta of 1 (often marked by a dashed line) means the altcoin has, on average, the same volatility as BTC. Beta > 1 suggests the altcoin is more volatile than BTC (moves by a larger percentage for a given BTC move). Beta < 1 suggests the altcoin is less volatile than BTC. Bitcoin Dominance Plot: An area plot (gray) shows the percentage of the total cryptocurrency market capitalization that Bitcoin holds. This helps understand broader market sentiment and capital flows. Altcoin/BTC Ratio Plot: A line (fuchsia) shows the price of the altcoin denominated in BTC. An upward trend means the altcoin is gaining value against Bitcoin (outperforming). A downward trend means the altcoin is losing value against Bitcoin (underperforming). What the Table Represents: The data table, typically located in the bottom-right corner of the chart, provides a snapshot of the current values for the most important calculated metrics. It includes: Altcoin: The ticker symbol of the analyzed altcoin. Bitcoin Ref: The ticker symbol of the Bitcoin reference. Correlation (lookback): The current correlation coefficient between the altcoin and BTC, based on the specified lookback period. The value is color-coded (e.g., green for strong positive, red for strong negative). Beta (lookback): The current beta value of the altcoin relative to BTC, based on the specified lookback period. The value may be color-coded to highlight significantly high or low volatility. BTC.D Current: The current Bitcoin Dominance percentage. ALT/BTC Ratio: The current price of the altcoin expressed in Bitcoin. The table offers a quick, at-a-glance summary of the present market dynamics between the two assets without needing to interpret the lines on the chart for their exact current values.
Pine Script® indicator
by ChalkBoardAnalytics
MACD Trump/Biden MarketThis unique indicator visually distinguishes between two distinct market regimes by displaying bold, dynamic labels directly on the chart. The indicator aims to capture shifts in market sentiment, highlighting bullish and bearish phases in a way that's easy to interpret at a glance. When the market is in a favorable phase, a green box labeled "Trump Market" appears, signaling positive conditions. Conversely, during challenging phases, a red box labeled "Biden Market" is displayed. This tool is perfect for traders looking to quickly identify shifts in market dynamics and make informed decisions based on the current market environment. Use it to enhance your trading strategy and stay ahead of sudden changes.
Pine Script® indicator
by UpsidePotential
Quarterly Theory ICT 05 [TradingFinder] Doubling Theory Signals🔵 Introduction Doubling Theory is an advanced approach to price action and market structure analysis that uniquely combines time-based analysis with key Smart Money concepts such as SMT (Smart Money Technique), SSMT (Sequential SMT), Liquidity Sweep, and the Quarterly Theory ICT. By leveraging fractal time structures and precisely identifying liquidity zones, this method aims to reveal institutional activity specifically smart money entry and exit points hidden within price movements. At its core, the market is divided into two structural phases: Doubling 1 and Doubling 2. Each phase contains four quarters (Q1 through Q4), which follow the logic of the Quarterly Theory: Accumulation, Manipulation (Judas Swing), Distribution, and Continuation/Reversal. These segments are anchored by the True Open, allowing for precise alignment with cyclical market behavior and providing a deeper structural interpretation of price action. During Doubling 1, a Sequential SMT (SSMT) Divergence typically forms between two correlated assets. This time-structured divergence occurs between two swing points positioned in separate quarters (e.g., Q1 and Q2), where one asset breaks a significant low or high, while the second asset fails to confirm it. This lack of confirmation—especially when aligned with the Manipulation and Accumulation phases—often signals early smart money involvement. Following this, the highest and lowest price points from Doubling 1 are designated as liquidity zones. As the market transitions into Doubling 2, it commonly returns to these zones in a calculated move known as a Liquidity Sweep—a sharp, engineered spike intended to trigger stop orders and pending positions. This sweep, often orchestrated by institutional players, facilitates entry into large positions with minimal slippage. Bullish : Bearish : 🔵 How to Use Applying Doubling Theory requires a simultaneous understanding of temporal structure and inter-asset behavioral divergence. The method unfolds over two main phases—Doubling 1 and Doubling 2—each divided into four quarters (Q1 to Q4). The first phase focuses on identifying a Sequential SMT (SSMT) divergence, which forms when two correlated assets (e.g., EURUSD and GBPUSD, or NQ and ES) react differently to key price levels across distinct quarters. For example, one asset may break a previous low while the other maintains structure. This misalignment—especially in Q2, the Manipulation phase—often indicates early smart money accumulation or distribution. Once this divergence is observed, the extreme highs and lows of Doubling 1 are marked as liquidity zones. In Doubling 2, the market gravitates back toward these zones, executing a Liquidity Sweep. This move is deliberate—designed to activate clustered stop-loss and pending orders and to exploit pockets of resting liquidity. These sweeps are typically driven by institutional forces looking to absorb liquidity and position themselves ahead of the next major price move. The key to execution lies in the fact that, during the sweep in Doubling 2, a classic SMT divergence should also appear between the two assets. This indicates a weakening of the previous trend and adds an extra layer of confirmation. 🟣 Bullish Doubling Theory In the bullish scenario, Doubling 1 begins with a bullish SSMT divergence, where one asset forms a lower low while the other maintains its structure. This divergence signals weakening bearish momentum and possible smart money accumulation. In Doubling 2, the market returns to the previous low and sweeps the liquidity zone—breaking below it on one asset, while the second fails to confirm, forming a bullish SMT divergence. f this move is followed by a bullish PSP and a clear market structure break (MSB), a long entry is triggered. The stop-loss is placed just below the swept liquidity zone, while the target is set in the premium zone, anticipating a move driven by institutional buyers. 🟣 Bearish Doubling Theory The bearish scenario follows the same structure in reverse. In Doubling 1, a bearish SSMT divergence occurs when one asset prints a higher high while the other fails to do so. This suggests distribution and weakening buying pressure. Then, in Doubling 2, the market returns to the previous high and executes a liquidity sweep, targeting trapped buyers. A bearish SMT divergence appears, confirming the move, followed by a bearish PSP on the lower timeframe. A short position is initiated after a confirmed MSB, with the stop-loss placed 🔵 Settings ⚙️ Logical Settings Quarterly Cycles Type : Select the time segmentation method for SMT analysis. Available modes include : Yearly, Monthly, Weekly, Daily, 90 Minute, and Micro. These define how the indicator divides market time into Q1–Q4 cycles. Symbol : Choose the secondary asset to compare with the main chart asset (e.g., XAUUSD, US100, GBPUSD). Pivot Period : Sets the sensitivity of the pivot detection algorithm. A smaller value increases responsiveness to price swings. Pivot Sync Threshold : The maximum allowed difference (in bars) between pivots of the two assets for them to be compared. Validity Pivot Length : Defines the time window (in bars) during which a divergence remains valid before it's considered outdated. 🎨 Display Settings Show Cycle :Toggles the visual display of the current Quarter (Q1 to Q4) based on the selected time segmentation Show Cycle Label : Shows the name (e.g., "Q2") of each detected Quarter on the chart. Show Labels : Displays dynamic labels (e.g., “Q2”, “Bullish SMT”, “Sweep”) at relevant points. Show Lines : Draws connection lines between key pivot or divergence points. Color Settings : Allows customization of colors for bullish and bearish elements (lines, labels, and shapes) 🔔 Alert Settings Alert Name : Custom name for the alert messages (used in TradingView’s alert system). Message Frequenc y: All : Every signal triggers an alert. Once Per Bar : Alerts once per bar regardless of how many signals occur. Per Bar Close : Only triggers when the bar closes and the signal still exists. Time Zone Display : Choose the time zone in which alert timestamps are displayed (e.g., UTC). Bullish SMT Divergence Alert : Enable/disable alerts specifically for bullish signals. Bearish SMT Divergence Alert : Enable/disable alerts specifically for bearish signals 🔵 Conclusion Doubling Theory is a powerful and structured framework within the realm of Smart Money Concepts and ICT methodology, enabling traders to detect high-probability reversal points with precision. By integrating SSMT, SMT, Liquidity Sweeps, and the Quarterly Theory into a unified system, this approach shifts the focus from reactive trading to anticipatory analysis—anchored in time, structure, and liquidity. What makes Doubling Theory stand out is its logical synergy of time cycles, behavioral divergence, liquidity targeting, and institutional confirmation. In both bullish and bearish scenarios, it provides clearly defined entry and exit strategies, allowing traders to engage the market with confidence, controlled risk, and deeper insight into the mechanics of price manipulation and smart money footprints.
Pine Script® indicator
by TFlab
Candle Rating (1–5)This “Candle Rating (1–5)” indicator measures where each bar’s close sits within its own high-low range and assigns a simple strength score: Range Calculation It computes the candle’s total range (high − low) and finds the close’s position as a percentage of that range (0 = close at low, 1 = close at high). Five-Point Rating 1 (Strong Buy): Close in the top 20% of the range 2 (Moderate Buy): 60–80% 3 (Neutral): 40–60% 4 (Moderate Sell): 20–40% 5 (Strong Sell): Bottom 20% Visual Feedback It plots the numeric rating above each bar (colored green → red), giving you an at-a-glance read of candle momentum and potential reversal strength across any timeframe.
Pine Script® indicator
by sketan12
RSI + Price Cycle Predictor (Final Momentum Version)The RSI Cycle Predictor is a powerful indicator designed to help traders identify potential market reversals with precision. How it works: Detects confirmed swing highs and lows in the RSI, combined with price action. Measures average time cycles between past reversals. Uses momentum weakening as a filter to highlight only the strongest signals. Displays a confidence score (σ) to show how reliable the timing is. Trading logic: Enter Buy (Long) when a green signal appears. Exit Buy and Enter Sell (Short) when a red signal appears. Alternate positions based on each signal, always holding one position. Best for: Swing traders Cycle-based trading strategies Enhancing timing precision in entries and exits
Pine Script® indicator
by afacademi