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Bias TableOverview The Bias Table Indicator is a multi-timeframe analysis tool designed to provide a quick sentiment overview across multiple timeframes. It combines signals from Moving Averages (MAs) and Oscillators to determine market bias, helping traders make more informed decisions. Key Features ✔ Multi-Timeframe Analysis (MTF) – Displays market bias across up to five timeframes. ✔ Customizable Signals – Choose whether bias is based on Moving Averages (MAs), Oscillators, or a combination of both. ✔ Visual Table Format – The indicator presents the bias as a color-coded table in the bottom-right corner of the chart for quick reference. ✔ Adjustable Colors & Display Settings – Users can customize colors for different sentiment states (Strong Buy, Buy, Neutral, Sell, Strong Sell). How It Works Bias Calculation: The indicator evaluates market conditions using preset values (which can be replaced with actual logic) to determine sentiment for each timeframe. Multi-Timeframe Support: The table can display bias from hourly to monthly timeframes, giving traders a broader view of market conditions. Customizable Signals: Users can filter the table to show bias based only on MAs, Oscillators, or a combination of both. Interpreting the Table 📊 Timeframes: The leftmost column shows selected timeframes (e.g., 1H, 4H, 1D, 1W, 1M). 📈 Signal Columns: MAs – Bias based on Moving Averages. Oscillators – Bias based on momentum indicators like RSI, Stochastics, etc. All – A combined bias based on both MAs & Oscillators. 🚦 Color-Coded Ratings: 🔵 Strong Buy – High bullish strength. 🔹 Buy – Moderate bullish sentiment. ⚪ Neutral – No clear trend. 🔸 Sell – Moderate bearish sentiment. 🔴 Strong Sell – High bearish strength. Best Used For: 📈 Trend Confirmation: Validate signals from your primary strategy. ⏳ Multi-Timeframe Analysis: See whether short-term and long-term trends align. ⚡ Quick Sentiment Check: Get a high-level view of market conditions without analyzing multiple indicators separately. Customization Options: Select which timeframes to include in the table. Choose whether to base bias on MAs, Oscillators, or both. Adjust colors for each signal type.
Pine Script® indicator
by PIXEL_BLADE
1
Bitcoin MVRV Z-Score Indicator### **What This Script Does (In Plain English)** Imagine Bitcoin has a "fair price" based on what people *actually paid* for it (called the **Realized Value**). This script tells you if Bitcoin is currently **overpriced** or **underpriced** compared to that fair price, using math. --- ### **How It Works (Like a Car Dashboard)** 1. **The Speedometer (Z-Score Line)** - The blue line (**Z-Score**) acts like a speedometer for Bitcoin’s price: - **Above Red Line** → Bitcoin is "speeding" (overpriced). - **Below Green Line** → Bitcoin is "parked" (underpriced). 2. **The Warning Lights (Colors)** - **Red Background**: "Slow down!" – Bitcoin might be too expensive. - **Green Background**: "Time to fuel up!" – Bitcoin might be a bargain. 3. **The Alarms (Alerts)** - Your phone buzzes when: - Green light turns on → "Buy opportunity!" - Red light turns on → "Be careful – might be time to sell!" --- ### **Real-Life Example** - **2021 Bitcoin Crash**: - The red light turned on when Bitcoin hit $60,000+ (Z-Score >7). - A few months later, Bitcoin crashed to $30,000. - **2023 Rally**: - The green light turned on when Bitcoin was around $20,000 (Z-Score <0.1). - Bitcoin later rallied to $35,000. --- ### **How to Use It (3 Simple Steps)** 1. **Look at the Blue Line**: - If it’s **rising toward the red zone**, Bitcoin is getting expensive. - If it’s **falling toward the green zone**, Bitcoin is getting cheap. 2. **Check the Colors**: - Trade carefully when the background is **red**. - Look for buying chances when it’s **green**. 3. **Set Alerts**: - Get notified when Bitcoin enters "cheap" or "expensive" zones. --- ### **Important Notes** - **Not Magic**: This tool helps spot trends but isn’t perfect. Always combine it with other indicators. - **Best for Bitcoin**: Works great for Bitcoin, not as well for altcoins. - **Long-Term Focus**: Signals work best over months/years, not hours. --- Think of it as a **thermometer for Bitcoin’s price fever** – it tells you when the market is "hot" or "cold." 🔥❄️
Pine Script® indicator
by Hari_shubham
Supply & Demand Zones (by Wali Afridi)Description: 🚀 This indicator accurately detects Supply & Demand Zones by identifying swing highs and lows. It plots a single clean line for each zone and labels them as "SZ" (Supply Zone) and "DZ" (Demand Zone), ensuring a clear and minimalistic chart. 🔹 Features: ✅ Auto-detects recent Supply & Demand Zones ✅ Plots clean horizontal lines for the latest zones ✅ Displays "SZ" above the supply line & "DZ" below the demand line ✅ No duplicate labels—only one label per zone ✅ Minimal & clutter-free visualization How to Use: 1️⃣ Add the indicator to your chart 2️⃣ Watch for Supply Zones (SZ) appearing above red lines – These indicate potential resistance areas where price may reverse or consolidate. 3️⃣ Watch for Demand Zones (DZ) appearing below green lines – These indicate strong support areas where price may bounce. 4️⃣ Use with other confirmations (Price Action, SMC, Volume) for better accuracy. ⚠️ Disclaimer: This script is for educational purposes only and should not be considered financial advice. Always backtest and use risk management before applying it to live trading.
Pine Script® indicator
by CryptoWorm
2
HTF Anchored FanSimilar to an Anchored VWAP, this lets you click a bar on an Daily, Weekly, or Monthly chart to add an "Anchored Fan" which displays lines at up to 6 levels above and below the chosen Anchor Point. Useful to measure the retracement during swing moves. You can reposition the fan by either hovering over the anchor or by clicking the name of the study to "activate" it, and then dragging. You can also change the Anchor Point in Settings. By default the anchor uses the bar Close, but you can change this manually in settings OR you can use the fancy "Auto high/low" mode which is handy if you are mainly dropping the fan on local swing highs and lows. The default line measures were chosen for ES (Futures) but the study should be usable with nearly anything as long as you adjust the settings to something appropriate for the ticker. If you want to use this on NQ, for example, it would be reasonable to multiple each of these settings by 3.5 or so. NOTE: If the fan is way off the left side of the chart it's generally easiest to use Settings to move it back to close to "now".
Pine Script® indicator
by screaser
Simple Sessions========== TLDR ========== The "Simple Sessions" indicator plots vertical lines and labels at the open and close of the US (New York), Asia (Tokyo), and Europe (London), daily session. The existing session indicators I could find all changed the background color of the chart for the entire session or added extra information to the chart that cluttered up my view. This is meant to be a less noisy and easy to interpret indication that the session you trade has started or is ending. ========== Features ========== - Show or hide vertical lines for session opens and closes - Show or hide labels for session opens and closes - Show or hide each session individually - Show or hide just the session close indications - Change the color used for each session open and close - Change the labels text, size, and text color ========== Limitations ========== The session start and end times are hard coded in for their time zones and can't be changed: - US (New York) - 9:30 - 16:00 - Asia (Tokyo) - 9:00 - 15:00 - Europe (London) - 8:30 - 16:30 ========== Use Cases ========== - Easily see when each session started and ended without the chart being too noisy - Make it easier to identify price action patterns and trade setups that may occur on the open of each session ============================= If you'd like more features or options feel free to request them in the comments.
Pine Script® indicator
by chriselderxyz
Inverted USDT DominanceInverted USDT Dominance Indicator This simple yet powerful indicator plots the inverted USDT Dominance (USDT.D), making it visually intuitive to analyze market sentiment shifts. Typically, USDT dominance rises when investors seek stability, indicating a "risk-off" market environment. Conversely, it falls when investors pursue riskier assets like cryptocurrencies, signaling a "risk-on" environment. Why invert the USDT Dominance chart? By flipping USDT Dominance around the zero line, this indicator allows traders and investors to more clearly visualize its correlation and divergence with traditional market indicators like the 10-year Treasury yield (TNX), Bitcoin, or equity indices. A rising line on this inverted indicator intuitively indicates increasing market risk appetite, whereas a falling line highlights growing risk aversion. Use cases: Quickly visualize market sentiment (risk-on vs. risk-off). Identify divergences and correlations between crypto markets and traditional financial instruments. Enhance portfolio allocation decisions by clearly seeing sentiment changes.
Pine Script® indicator
by Raullen
[GYTS-CE] Market Regime Detector🧊 Market Regime Detector (Community Edition) 🌸 Part of GoemonYae Trading System (GYTS) 🌸 🌸 --------- INTRODUCTION --------- 🌸 💮 What is the Market Regime Detector? The Market Regime Detector is an advanced, consensus-based indicator that identifies the current market state to increase the probability of profitable trades. By distinguishing between trending (bullish or bearish) and cyclic (range-bound) market conditions, this detector helps you select appropriate tactics for different environments. Instead of forcing a single strategy across all market conditions, our detector allows you to adapt your approach based on real-time market behaviour. 💮 The Importance of Market Regimes Markets constantly shift between different behavioural states or "regimes": • Bullish trending markets - characterised by sustained upward price movement • Bearish trending markets - characterised by sustained downward price movement • Cyclic markets - characterised by range-bound, oscillating behaviour Each regime requires fundamentally different trading approaches. Trend-following strategies excel in trending markets but fail in cyclic ones, while mean-reversion strategies shine in cyclic markets but underperform in trending conditions. Detecting these regimes is essential for successful trading, which is why we've developed the Market Regime Detector to accurately identify market states using complementary detection methods. 🌸 --------- KEY FEATURES --------- 🌸 💮 Consensus-Based Detection Rather than relying on a single method, our detector employs two complementary detection methodologies that analyse different aspects of market behaviour: • Dominant Cycle Average (DCA) - analyzes price movement relative to its lookback period, a proxy for the dominant cycle • Volatility Channel - examines price behaviour within adaptive volatility bands These diverse perspectives are synthesised into a robust consensus that minimises false signals while maintaining responsiveness to genuine regime changes. 💮 Dominant Cycle Framework The Market Regime Detector uses the concept of dominant cycles to establish a reference framework. You can input the dominant cycle period that best represents the natural rhythm of your market, providing a stable foundation for regime detection across different timeframes. 💮 Intuitive Parameter System We've distilled complex technical parameters into intuitive controls that traders can easily understand: • Adaptability - how quickly the detector responds to changing market conditions • Sensitivity - how readily the detector identifies transitions between regimes • Consensus requirement - how much agreement is needed among detection methods This approach makes the detector accessible to traders of all experience levels while preserving the power of the underlying algorithms. 💮 Visual Market Feedback The detector provides clear visual feedback about the current market regime through: • Colour-coded chart backgrounds (purple shades for bullish, pink for bearish, yellow for cyclic) • Colour-coded price bars • Strength indicators showing the degree of consensus • Customizable colour schemes to match your preferences or trading system 💮 Integration in the GYTS suite The Market Regime Detector is compatible with the GYTS Suite , i.e. it passes the regime into the 🎼 Order Orchestrator where you can set how to trade the trending and cyclic regime. 🌸 --------- CONFIGURATION SETTINGS --------- 🌸 💮 Adaptability Controls how quickly the Market Regime detector adapts to changing market conditions. You can see it as a low-frequency, long-term change parameter: Very Low: Very slow adaptation, most stable but may miss regime changes Low: Slower adaptation, more stability but less responsiveness Normal: Balanced between stability and responsiveness High: Faster adaptation, more responsive but less stable Very High: Very fast adaptation, highly responsive but may generate false signals This setting affects lookback periods and filter parameters across all detection methods. 💮 Sensitivity Controls how sensitive the detector is to market regime transitions. This acts as a high-frequency, short-term change parameter: Very Low: Requires substantial evidence to identify a regime change Low: Less sensitive, reduces false signals but may miss some transitions Normal: Balanced sensitivity suitable for most markets High: More sensitive, detects subtle regime changes but may have more noise Very High: Very sensitive, detects minor fluctuations but may produce frequent changes This setting affects thresholds for regime detection across all methods. 💮 Dominant Cycle Period This parameter allows you to specify the market's natural rhythm in bars. This represents a complete market cycle (up and down movement). Finding the right value for your specific market and timeframe might require some experimentation, but it's a crucial parameter that helps the detector accurately identify regime changes. Most of the times the cycle is between 20 and 40 bars. 💮 Consensus Mode Determines how the signals from both detection methods are combined to produce the final market regime: • Any Method (OR) : Signals bullish/bearish if either method detects that regime. If methods conflict (one bullish, one bearish), the stronger signal wins. More sensitive, catches more regime changes but may produce more false signals. • All Methods (AND) : Signals only when both methods agree on the regime. More conservative, reduces false signals but might miss some legitimate regime changes. • Weighted Decision : Balances both methods with equal weighting. Provides a middle ground between sensitivity and stability. Each mode also calculates a continuous regime strength value that's used for colour intensity in the 'unconstrained' display mode. 💮 Display Mode Choose how to display the market regime colours: • Unconstrained regime: Shows the regime strength as a continuous gradient. This provides more nuanced visualisation where the intensity of the colour indicates the strength of the trend. • Consensus only: Shows only the final consensus regime with fixed colours based on the detected regime type. The background and bar colours will change to indicate the current market regime: • Purple shades: Bullish trending market (darker purple indicates stronger bullish trend) • Pink shades: Bearish trending market (darker pink indicates stronger bearish trend) • Yellow: Cyclic (range-bound) market 💮 Custom Colour Options The Market Regime Detector allows you to customize the colour scheme to match your personal preferences or to coordinate with other indicators: • Use custom colours: Toggle to enable your own colour choices instead of the default scheme • Transparency: Adjust the transparency level of all regime colours • Bullish colours: Define custom colours for strong, medium, weak, and very weak bullish trends • Bearish colours: Define custom colours for strong, medium, weak, and very weak bearish trends • Cyclic colour: Define a custom colour for cyclic (range-bound) market conditions 🌸 --------- DETECTION METHODS --------- 🌸 💮 Dominant Cycle Average (DCA) The Dominant Cycle Average method forms a key part of our detection system: 1. Theoretical Foundation : The DCA method builds on cycle analysis and the observation that in trending markets, price consistently remains on one side of a moving average calculated using the dominant cycle period. In contrast, during cyclic markets, price oscillates around this average. 2. Calculation Process : • We calculate a Simple Moving Average (SMA) using the specified lookback period - a proxy for the dominant cycle period • We then analyse the proportion of time that price spends above or below this SMA over a lookback window. The theory is that the price should cross the SMA each half cycle, assuming that the dominant cycle period is correct and price follows a sinusoid. • This lookback window is adaptive, scaling with the dominant cycle period (controlled by the Adaptability setting) • The different values are standardised and normalised to possess more resolving power and to be more robust to noise. 3. Regime Classification : • When the normalised proportion exceeds a positive threshold (determined by Sensitivity setting), the market is classified as bullish trending • When it falls below a negative threshold, the market is classified as bearish trending • When the proportion remains between these thresholds, the market is classified as cyclic 💮 Volatility Channel The Volatility Channel method complements the DCA method by focusing on price movement relative to adaptive volatility bands: 1. Theoretical Foundation : This method is based on the observation that trending markets tend to sustain movement outside of normal volatility ranges, while cyclic markets tend to remain contained within these ranges. By creating adaptive bands that adjust to current market volatility, we can detect when price behaviour indicates a trending or cyclic regime. 2. Calculation Process : • We first calculate a smooth base channel center using a low pass filter, creating a noise-reduced centreline for price • True Range (TR) is used to measure market volatility, which is then smoothed and scaled by the deviation factor (controlled by Sensitivity) • Upper and lower bands are created by adding and subtracting this scaled volatility from the centreline • Price is smoothed using an adaptive A2RMA filter, which has a very flat and stable behaviour, to reduce noise while preserving trend characteristics • The position of this smoothed price relative to the bands is continuously monitored 3. Regime Classification : • When smoothed price moves above the upper band, the market is classified as bullish trending • When smoothed price moves below the lower band, the market is classified as bearish trending • When price remains between the bands, the market is classified as cyclic • The magnitude of price's excursion beyond the bands is used to determine trend strength 4. Adaptive Behaviour : • The smoothing periods and deviation calculations automatically adjust based on the Adaptability setting • The measured volatility is calculated over a period proportional to the dominant cycle, ensuring the detector works across different timeframes • Both the center line and the bands adapt dynamically to changing market conditions, making the detector responsive yet stable This method provides a unique perspective that complements the DCA approach, with the consensus mechanism synthesising insights from both methods. 🌸 --------- USAGE GUIDE --------- 🌸 💮 Starting with Default Settings The default settings (Normal for Adaptability and Sensitivity, Weighted Decision for Consensus Mode) provide a balanced starting point suitable for most markets and timeframes. Begin by observing how these settings identify regimes in your preferred instruments. 💮 Finding the Optimal Dominant Cycle The dominant cycle period is a critical parameter. Here are some approaches to finding an appropriate value: • Start with typical values, usually something around 25 works well • Visually identify the average distance between significant peaks and troughs • Experiment with different values and observe which provides the most stable regime identification • Consider using cycle-finding indicators to help identify the natural rhythm of your market 💮 Adjusting Parameters • If you notice too many regime changes → Decrease Sensitivity or increase Consensus requirement • If regime changes seem delayed → Increase Adaptability • If a trending regime is not detected, the market is automatically assigned to be in a cyclic state • If you want to see more nuanced regime transitions → Try the "unconstrained" display mode (note that this will not affect the output to other indicators) 💮 Trading Applications Regime-Specific Strategies: • Bullish Trending Regime - Use trend-following strategies, trail stops wider, focus on breakouts, consider holding positions longer, and emphasize buying dips • Bearish Trending Regime - Consider shorts, tighter stops, focus on breakdown points, sell rallies, implement downside protection, and reduce position sizes • Cyclic Regime - Apply mean-reversion strategies, trade range boundaries, apply oscillators, target definable support/resistance levels, and use profit-taking at extremes Strategy Switching: Create a set of rules for each market regime and switch between them based on the detector's signal. This approach can significantly improve performance compared to applying a single strategy across all market conditions. GYTS Suite Integration: • In the GYTS 🎼 Order Orchestrator, select the '🔗 STREAM-int 🧊 Market Regime' as the market regime source • Note that the consensus output (i.e. not the "unconstrained" display) will be used in this stream • Create different strategies for trending (bullish/bearish) and cyclic regimes. The GYTS 🎼 Order Orchestrator is specifically made for this. • The output stream is actually very simple, and can possibly be used in indicators and strategies as well. It outputs 1 for bullish, -1 for bearish and 0 for cyclic regime. 🌸 --------- FINAL NOTES --------- 🌸 💮 Development Philosophy The Market Regime Detector has been developed with several key principles in mind: 1. Robustness - The detection methods have been rigorously tested across diverse markets and timeframes to ensure reliable performance. 2. Adaptability - The detector automatically adjusts to changing market conditions, requiring minimal manual intervention. 3. Complementarity - Each detection method provides a unique perspective, with the collective consensus being more reliable than any individual method. 4. Intuitiveness - Complex technical parameters have been abstracted into easily understood controls. 💮 Ongoing Refinement The Market Regime Detector is under continuous development. We regularly: • Fine-tune parameters based on expanded market data • Research and integrate new detection methodologies • Optimise computational efficiency for real-time analysis Your feedback and suggestions are very important in this ongoing refinement process!
Pine Script® indicator
by GoemonYae
Shadow Edge (Example)This script tracks hourly price extremes (highs/lows) and their equilibrium (midpoint), plotting them as dynamic reference lines on your chart. It helps visualize intraday support/resistance levels and potential price boundaries. Key Features Previous Hour Levels (Static Lines): PH (Previous Hour High): Red line. PL (Previous Hour Low): Green line. P.EQ (Previous Hour Equilibrium): Blue midpoint between PH and PL. Current Hour Levels (Dynamic/Dotted Lines): MuEH (Current Hour High): Yellow dashed line (updates in real-time). MuEL (Current Hour Low): Orange dashed line (updates in real-time). Labels: Clear text labels on the right edge of the chart for easy readability. How It Works Hourly Tracking: Detects new hours using the hour(time) function. Resets high/low values at the start of each hour. Stores the previous hour’s PH, PL, and P.EQ when a new hour begins. Dynamic Updates: Continuously updates MuEH and MuEL during the current hour to reflect the latest extremes. Customization Toggle visibility of lines via inputs: Enable/disable PH, PL, P.EQ, MuEH, MuEL individually. Adjustable colors and line styles (solid for previous hour, dashed for current hour). Use Case Intraday Traders: Identify hourly ranges, breakout/retracement opportunities, or mean-reversion setups. Visual Reference: Quickly see where price is relative to recent hourly activity. Technical Notes Overlay: Plots directly on the price chart. Efficiency: Uses var variables to preserve values between bars. Labels: Only appear on the latest bar to avoid clutter. This tool simplifies intraday price action analysis by combining historical and real-time hourly data into a single visual framework.
Pine Script® indicator
by JFR28
Daily Time MarkerThis TradingView indicator draws thin, white, dashed vertical lines on the chart at a user-defined time each day. The indicator takes into account Daylight Saving Time (DST) adjustments, ensuring the correct time is displayed throughout the year. Key Features: ✅ Daily Vertical Markers: Displays vertical dashed lines from Monday to Friday at the selected time. The lines extend infinitely in both directions. ✅ Historical & Future Projection: Shows lines 15 days into the past and 5 days into the future for better visualization of key time levels. ✅ DST Adjustment: Automatically adjusts between summer and winter time , ensuring the correct hour is displayed. This indicator is useful for traders who rely on specific time-based events, such as market opens or key trading sessions.
Pine Script® indicator
by jonas0777
3
Global M2 Money Supply (USD) GrowthThe Global M2 Growth indicator evaluates the total liquid money supply, including cash, checking deposits, and assets that can be easily converted to cash. It reflects changes in global liquidity by tracking year-on-year (YoY) changes in the Global M2 money supply rather than its absolute value. This approach highlights the velocity of liquidity expansion or contraction, offering a clearer understanding of its correlation with asset performance, such as Bitcoin. How It Works When the Global M2 money supply expands, it reflects an increase in available liquidity. This often leads to an influx of capital into higher-yielding and riskier assets like Bitcoin, equities, and commodities. Conversely, when M2 contracts, liquidity tightens, leading to declines in the values of these assets. An essential insight is that Bitcoin's price is not immediately affected by changes in M2. Research shows a lag of approximately 56-60 days (around two months) between liquidity changes and Bitcoin's price movements. Shifting the liquidity data forward by this period improves the correlation between Global M2 and Bitcoin performance. How to Use Track Global M2 YoY Change: Focus on liquidity's yearly change to identify trends. Rapid increases in liquidity often signify favorable conditions for Bitcoin and other risk assets to rise, while contractions often predict price declines or consolidation phases. Account for the Lag Effect: Incorporate the two-month lag into your analysis to predict Bitcoin's potential moves more accurately. For instance, a recent resurgence in liquidity growth could signal a Bitcoin rally within the next two months. Use as a Macro Indicator: Monitor liquidity trends alongside other economic indicators and asset performance metrics to build a more comprehensive investment framework. By tracking these dynamics, traders and investors can better anticipate Bitcoin's trajectory and make informed decisions.
Pine Script® indicator
by Kendrick_Chan
1
Spread Rebalance SimulationThe Spread Rebalance Simulator is a tool designed to help visualize the effect of rebalancing on spread trading returns. Typically, TradingView charts are used to display spread charts, but this method assumes that the ratio remains unchanged on each bar. In real trading scenarios, the ratio constantly changes, and this indicator allows traders to see a more accurate representation of spread trading. The next version will include support for input ratio and trading cost. To use this simply select any chart (as a long pair) then fill the symbol name for the short pair. Then choose the rebalance period. The blue line will show you the equity of this pair combination.
Pine Script® indicator
by algoboy-kevin
Supertrend with RSI FilterThis indicator is an enhanced version of the classic Supertrend, incorporating an RSI (Relative Strength Index) filter to refine trend signals. Here is a detailed explanation of its functionality and key advantages over the traditional Supertrend. 1. Indicator Functionality The indicator uses ATR (Average True Range) to calculate the Supertrend line, just like the classic version. However, it introduces an additional condition based on RSI to strengthen or weaken the Supertrend color based on market momentum. 2. Interpretation of Colors The indicator displays the Supertrend line with dynamic colors based on trend direction and RSI strength: - Uptrend (Supertrend in buy mode): - Dark green (Teal): RSI above the defined threshold (default 50) → Strong bullish confirmation. - Light gray: RSI below the threshold → Indicates a weaker uptrend or lack of confirmation. - Downtrend (Supertrend in sell mode): - Dark red: RSI below the threshold → Strong bearish confirmation. - Light gray: RSI above the threshold → Indicates a weaker downtrend or lack of confirmation. The opacity of the color dynamically adjusts based on how far RSI is from its threshold. The greater the difference, the more vivid the color, signaling a stronger trend. 3. Key Advantages Over the Classic Supertrend - Filters out false signals: The RSI integration helps reduce false signals by only validating trends when RSI aligns with the Supertrend direction. - Weakens uncertain signals: When RSI is close to its threshold, the color becomes more transparent, alerting traders to a less reliable trend. - Classic mode available: The 'Use Classic Supertrend' option allows switching to a standard Supertrend display (fixed red/green) without the RSI effect. 4. Customizable Parameters - ATR Length & ATR Factor: Define the sensitivity of the Supertrend. - RSI Period & RSI Threshold: Allow refining the RSI filter based on market volatility. - Classic mode: Enables/disables the RSI filtering to revert to the original Supertrend. This indicator is especially valuable for traders looking to refine their trend signals based on market momentum measured by RSI. This indicator is for informational purposes only and should not be considered financial advice. Trading involves risks, and past performance does not guarantee future results. Always conduct your own analysis before making any trading decisions.
Pine Script® indicator
by Julien_Eche
4
Market Condition Detector By BCB ElevateMarket Condition Detector - Bullish, Bearish & Sideways Market Indicator This indicator helps traders identify bullish, bearish, and sideways market conditions using the Average Directional Index (ADX). It calculates trend strength and direction to categorize the market into three phases: ✅ Bullish Market: ADX is above the threshold, and the positive directional index (+DI) is greater than the negative directional index (-DI). ❌ Bearish Market: ADX is above the threshold, and +DI is lower than -DI. 🔄 Sideways Market: ADX is below the threshold, indicating weak trend strength and potential consolidation. Features: 🔹 Dynamic Market Classification - Automatically detects and updates market conditions. 🔹 Table Display - Clearly shows whether the market is bullish, bearish, or sideways in a user-friendly format. 🔹 Customizable Settings - Adjust ADX period and threshold to suit different trading strategies. 🔹 Works on All Markets - Use for Crypto, Forex, Stocks, Commodities, and Indices. This tool is ideal for trend traders, swing traders, and breakout traders looking to optimize entries and exits. 📌 How to Use: 1️⃣ Apply it to any chart and timeframe. 2️⃣ Use the table to confirm market conditions before taking trades. 3️⃣ Combine with other indicators like moving averages, RSI, or volume analysis for better trade decisions.
Pine Script® indicator
by BCB_ELEVATE
Bitcoin Halving DatesBitcoin Halving Dates Indicator This custom indicator automatically marks Bitcoin's key halving events by drawing vertical lines on your chart. It highlights the historical halving dates (2012, 2016, 2020) and includes an estimated date for the upcoming halving in 2024, making it easy to visualize significant supply events that can influence market trends. Features: Automated Markings: Displays vertical lines on the first bar of each halving day. Customizable: Easily adjust halving dates and styling options to suit your analysis. Built for Traders: Enhance your technical analysis by keeping track of pivotal market events. Use this indicator to gain a visual edge by integrating critical Bitcoin halving events into your trading strategy. Happy Trading!
Pine Script® indicator
by joshuadaic
RSI, Volume, MACD, EMA ComboRSI + Volume + MACD + EMA Trading System This script combines four powerful indicators—Relative Strength Index (RSI), Volume, Moving Average Convergence Divergence (MACD), and Exponential Moving Average (EMA)—to create a comprehensive trading strategy for better trend confirmation and trade entries. How It Works RSI (Relative Strength Index) Helps identify overbought and oversold conditions. Used to confirm momentum strength before taking a trade. Volume Confirms the strength of price movements. Avoids false signals by ensuring there is sufficient trading activity. MACD (Moving Average Convergence Divergence) Confirms trend direction and momentum shifts. Provides buy/sell signals through MACD line crossovers. EMA (Exponential Moving Average) Acts as a dynamic support and resistance level. Helps filter out trades that go against the overall trend. Trading Logic Buy Signal: RSI is above 50 (bullish momentum). MACD shows a bullish crossover. The price is above the EMA (trend confirmation). Volume is increasing (strong participation). Sell Signal: RSI is below 50 (bearish momentum). MACD shows a bearish crossover. The price is below the EMA (downtrend confirmation). Volume is increasing (intense selling pressure). Backtesting & Risk Management The strategy is optimized for scalping on the 1-minute timeframe (adjustable for other timeframes). Default settings use realistic commission and slippage to simulate actual trading conditions. A stop-loss and take-profit system is integrated to manage risk effectively. This script is designed to help traders filter out false signals, improve trend confirmation, and increase trade accuracy by combining multiple indicators in a structured way.
Pine Script® strategy
by Ashhabx
The Investment Clock Orbital GraphThe Investment Clock Orbital Graph is an advanced visualization tool designed to help traders and investors track economic cycles using a dynamic scatter plot of GDP growth vs. CPI inflation rates. This indicator is a fusion of two powerful TradingView indicators: LuxAlgo ’s Relative Strength Scatter Plot – A robust scatter plot for tracking relative strength. The Investment Clock Indicator – A cycle-based approach to market rotation. This indicator contains more information regarding The Investment Clock. By combining these approaches, the Investment Clock Orbital Graph enables traders to visualize economic momentum and inflationary trends in a unique, orbital-style scatter plot. Key Features & Improvements Orbital Graph Representation – Displays GDP growth and CPI inflation as a dynamic, evolving scatter plot, showing how the economy moves through different phases. Quadrant-Based Market Regimes – Identifies four key economic phases: 1)🔥 Overheating (High Growth, High Inflation) 2)📉 Stagflation (Low Growth, High Inflation) 3)🤒 Recovery (High Growth, Low Inflation) 4)🎈 Reflation (Low Growth, Low Inflation) Data-Driven Analysis – Utilizes FRED (Federal Reserve Economic Data) for accurate real-world GDP & CPI data. Trailing Path of Economic Evolution – Tracks historical economic cycles over time to show momentum and cyclical movements. Customizable Parameters – Set sustainable GDP growth and inflation thresholds, adjust trail length, and fine-tune scatter plot resolution. Auto-Labeled Quadrants & Revised Accurate Market Guidance – Each quadrant includes newly updated tooltips and annotations (like ETF suggestions) to help traders make informed decisions. Live Macro Forecasting Tool – Helps traders anticipate future market conditions, rate hikes/cuts, and sector rotations. How to Use for Trading Decisions The Investment Clock Orbital Graph helps traders and macro investors by identifying market phases and providing insights into asset class performance during different economic conditions. 📌 Step 1: Identify the Current Quadrant Locate the most recent point on the orbital graph to see if the economy is in Overheating, Stagflation, Recovery, or Reflation. 📌 Step 2: Forecast Market Trends The trajectory of the points can predict upcoming economic shifts: Overheating → Stagflation ➡️ Expect economic slowdowns, bearish stock markets. Stagflation → Reflation ➡️ Interest rate cuts likely, bonds and defensive stocks perform well. Reflation → Recovery ➡️ Risk-on rally, technology and cyclicals perform best. Recovery → Overheating ➡️ Commodities surge, inflation rises, and central banks intervene. 📌 Step 3: Align Trading & Investing Strategies 🔥 Overheating – Favor commodities & energy (Oil, Industrial Stocks, Materials). 📉 Stagflation – Favor defensive assets (Cash, Utilities, Healthcare). 🤒 Recovery – Favor growth stocks (Technology, Consumer Discretionary). 🎈 Reflation – Favor bonds, value stocks, and financials. 📌 Step 4: Monitor Trends Over Time The indicator visualizes economic movement over multiple months, allowing traders to confirm long-term trends vs. short-term noise. The Investment Clock Orbital Graph is an essential macro trading tool, providing a real-time visualization of economic conditions. By tracking GDP growth vs. CPI inflation, traders and investors can align their portfolios with major macroeconomic shifts, predict sector rotations, and anticipate central bank policy changes.
Pine Script® indicator
by BarefootJoey
6
Hosoda Time Cycles (Forward + Backward)Hosoda Time Cycles Market Timing Projection Tool The Hosoda Time Cycles indicator is inspired by the legendary Japanese trader Ichimoku Hosoda, who emphasized the power of time in forecasting market behavior. This tool visualizes forward and backward time cycles based on significant price pivots, enabling traders to anticipate potential trend shifts, consolidations, or continuations with high precision. Key Features: Forward & Backward Cycles: Projects future and past time intervals based on selected pivots to reveal cyclical patterns. Manual & Auto Pivot Selection: Choose between automatic detection or manually selected swing highs/lows. Cycle Ratios: Includes traditional Hosoda counts such as 9, 17, 26, 33, 42, and 65 — key numbers in Ichimoku time theory. Multi-Timeframe Utility: Effective across intraday, swing, and long-term charts. Minimalist Overlay: Clean design to avoid clutter while providing powerful cycle insights. Customizable Visuals: Adjustable line styles, colors, and cycle projection lengths for clarity and personalization. Ideal For: Traders focused on time-based confluence, cycle forecasting, and market rhythm detection, especially those who blend price action with Japanese trading techniques.
Pine Script® indicator
by idrisskonf06
SemiCircle Cycle Notation PivotsFor decades, traders have sought to decode the rhythm of the markets through cycle theory. From the groundbreaking work of HM Gartley in the 1930s to modern-day cycle trading tools on TradingView, the concept remains the same: markets move in repeating waves with larger cycles influencing smaller ones in a fractal-like structure, and understanding their timing gives traders an edge to better anticipate future price movements🔮. Traditional cycle analysis has always been manual, requiring traders to painstakingly plot semicircles, diamonds, or sine waves to estimate pivot points and time reversals. Drawing tools like semicircle & sine wave projections exist on TradingView, but they lack automation—forcing traders to adjust cycle lengths by eye, often leading to inconsistencies. This is where SemiCircle Cycle Notation Pivots indicator comes in. Semicircle cycle chart notation appears to have evolved as a practical visualization tool among cycle theorists rather than being pioneered by a single individual; some key influences include HM Gartley, WD Gann, JM Hurst, Walter Bressert, and RayTomes. Built upon LonesomeTheBlue's foundational ZigZag Waves indicator , this indicator takes cycle visualization to the next level by dynamically detecting price pivots and then automatically plotting semicircles based on real-time cycle length calculations & expected rhythm of price action over time. Key Features: Automated Cycle Detection: The indicator identifies pivot points based on your preference—highs, lows, or both—and plots semicircle waves that correspond to Hurst's cycle notation.​ Customizable Cycle Lengths: Tailor the analysis to your trading strategy with adjustable cycle lengths, defaulting to 10, 20, and 40 bars, allowing for flexibility across various timeframes and assets.​ Dynamic Wave Scaling: The semicircle waves adapt to different price structures, ensuring that the visualization remains proportional to the detected cycle lengths and aiding in the identification of potential reversal points.​ Automated Cycle Detection: Dynamically identifies price pivot points and automatically adjusts offsets based on real-time cycle length calculations, ensuring precise semicircle wave alignment with market structure. Color-Coded Cycle Tiers: Each cycle tier is distinctly color-coded, enabling quick differentiation and a clearer understanding of nested market cycles.
Pine Script® indicator
by BarefootJoey
1
Price / 200 SMA Ratio (Pr)Price / 200 SMA Ratio (Pr) Indicator The Price / 200 SMA Ratio (Pr) indicator is designed to help traders analyze the relationship between the current price and the 200-period Simple Moving Average (SMA). By calculating the ratio of the close price to the 200 SMA, the indicator provides a visual representation of how the price compares to the long-term trend, giving traders a clear view of potential overbought or oversold conditions. How It Works: Ratio Calculation: The core of this indicator lies in the ratio between the current close price and the 200-period Simple Moving Average (SMA). The formula is straightforward: Ratio = Close Price / 200 SMA This ratio indicates whether the current price is above or below the long-term trend (the 200 SMA). A ratio greater than 1 means the price is above the 200 SMA, while a ratio below 1 suggests the price is below the 200 SMA. Color-Coded Ratio Representation: The ratio is displayed as a line on the chart with a color that changes dynamically based on the value of the ratio. The color-coding system helps quickly identify key levels: Black: When the ratio is greater than 5, the price is significantly above the 200 SMA, indicating a highly overbought condition. Red: When the ratio is greater than 3.5, it signals that the price is significantly above the long-term average but not in extreme territory. Blue: When the ratio is less than 1, the price is below the 200 SMA, indicating that the market may be in an oversold condition. Purple: When the ratio is below 0.7, it suggests an extremely oversold market, well below the long-term average. Green: For values in between, the ratio is considered to be in a more neutral range, showing a balanced market position. Horizontal Reference Lines: To make the interpretation of the ratio easier, the indicator includes several reference lines plotted at key ratio levels. These lines help traders visualize specific price zones, giving them clear boundaries for potential trading decisions: 5 Zone (Black line): Marks an extremely high price level, indicating a highly overbought condition. 3.5 Zone (Red line): Represents the upper price zone, where prices are significantly higher than the 200 SMA. 2 Zone (Purple line): This line marks the mid-range of the ratio, providing a visual representation of the transition between overbought and oversold conditions. 1 Zone (Orange line): The 1.0 line is where the price equals the 200 SMA, indicating a balanced market. Prices above 1.0 are considered above average, and prices below 1.0 are below average. 0.7 Zone (Blue line): Represents a very low price level, suggesting an extremely oversold market. Extra Low Zone (Green line): This line marks an even lower price level, indicating severe oversold conditions. Background Coloring: In addition to the ratio line and reference lines, the background color of the chart changes dynamically to provide additional context to the trader: Red Background: When the ratio is greater than 3.5, the background becomes red, signaling an overbought market condition. Blue Background: When the ratio is less than 1, the background turns blue, indicating a potential oversold market. Black Background: If the ratio exceeds 5, the background will be black, signifying an extreme overbought condition. Green Background: If the ratio drops below 0.7, the background turns green, highlighting an extremely oversold market. Candle Coloring: The indicator also changes the color of the individual price bars (candles) based on the ratio value: Black Candles: When the ratio is greater than 5 or less than 0.7, the price bars are black to emphasize extreme conditions in the market. White Candles: For all other values, the candles are white, representing a neutral market condition. What This Indicator Tells You: Overbought Conditions: When the ratio is significantly above 1 (especially greater than 3.5 or 5), it indicates that the price is far above the 200 SMA, suggesting that the market may be overbought and could experience a correction. Oversold Conditions: When the ratio is significantly below 1 (especially below 0.7 or 0.5), it suggests that the price is far below the 200 SMA, indicating that the market may be oversold and could be due for a bounce. Trend and Momentum: The ratio provides insight into the overall trend. If the ratio is consistently above 1, it means the price is generally in an uptrend, and if it’s below 1, it indicates a downtrend. Why Use This Indicator? The Price / 200 SMA Ratio indicator is a valuable tool for traders who want to gain insights into the strength or weakness of the price relative to the long-term trend (200 SMA). The color-coding system provides an easy-to-read visual cue, and the reference lines allow traders to identify key price levels where potential reversal or continuation could occur. It helps to spot areas of overbought or oversold conditions, making it ideal for traders looking to enter or exit positions based on extreme price movements. By combining this indicator with other technical analysis tools, traders can enhance their strategy and make more informed decisions in the market.
Pine Script® indicator
by pozitifnegatifuyumsuzluk
M2 Global Liquidity Index - 10 Week Lead M2 Global Liquidity Index - Forward Projection (10 Weeks) This indicator provides a 10-week forward projection of the M2 Global Liquidity Index, offering traders insight into potential future market conditions based on global money supply trends. What This Indicator Shows The M2 Global Liquidity Index aggregates M2 money stock data from five major economies: - China (CNY) - United States (USD) - European Union (EUR) - Japan (JPY) - Great Britain (GBP) All values are converted to USD and presented as a unified global liquidity metric, providing a comprehensive view of worldwide monetary conditions. Forward Projection Feature This adaptation displays the indicator 10 weeks ahead of the current price, allowing you to visualize potential future liquidity conditions that might influence market behavior. The projection maintains data integrity while providing an advanced view of the liquidity landscape. Trading Applications - Anticipate potential market reactions to changing global liquidity conditions - Identify divergences between projected liquidity and current price action - Develop longer-term strategic positions based on forward liquidity projections - Enhance your macro-economic analysis toolkit Credit This indicator is an adaptation of the original "M2 Global Liquidity Index" created by Mik3Christ3ns3n. Full credit for the original concept and implementation goes to the original author. This version simply adds a 10-week forward projection to the existing calculations. Disclaimer This indicator is for informational purposes only and should be used as one of many tools in your analysis. Past performance and projections are not guarantees of future results.
Pine Script® indicator
by CalmMonkey
Swing Finder By Akash This script is designed to highlight areas on a chart where there are **three or more consecutive candles** of the same color (bullish or bearish). It provides a visual indication of extended bullish or bearish momentum by changing the background color and marking the starting point of these areas. ### **How it works:** 1. **Identifying Bullish and Bearish Candles:** - **Bullish candles** are defined as candles where the closing price is higher than the opening price (close > open). - **Bearish candles** are defined as candles where the closing price is lower than the opening price (close < open). 2. **Consecutive Candle Counters:** - A counter for **bullish candles** (`bullishCount`) and **bearish candles** (`bearishCount`) is maintained to track consecutive occurrences of bullish and bearish candles. - These counters are **incremented** when consecutive bullish or bearish candles occur. They are **reset** to zero whenever a trend reversal happens (e.g., from bullish to bearish or vice versa). 3. **Area Marking:** - If there are **three or more consecutive bullish candles**, the background is highlighted in **green** to indicate a bullish area. - If there are **three or more consecutive bearish candles**, the background is highlighted in **red** to indicate a bearish area. - A **green label** is plotted below the bars where the bullish area starts, and a **red label** is plotted above the bars where the bearish area starts. ### **Visual Indicators:** - **Background Color:** - **Green** for areas with 3 or more consecutive bullish candles. - **Red** for areas with 3 or more consecutive bearish candles. - **Labels:** - A **green label** is plotted below the chart to mark the start of a bullish area. - A **red label** is plotted above the chart to mark the start of a bearish area. ### **Usage:** - This indicator can help traders identify strong trends, as consecutive bullish or bearish candles often indicate extended momentum in one direction. - By marking these areas, traders can potentially look for entry points or identify when trends may be losing strength or reversing. --- Feel free to adjust the description if you'd like it to reflect more specific details based on your use case!
Pine Script® indicator
by Akash7245