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D-ATR

ATR RVOL LabelI didn't made this script I used grok to make it. Just made some little changes. I use ATR and RVOL for my day trading. RVOL is important to me specially when I trade at the open and the morning I want a stock above 100% (1RVOL). And use the ATR either to measure the current range of the day or the 10% to set a stop loss below a clear level. My trading style is pretty much from SMB Capital, Merritt ex trader from SMB capital now with NADRO. Feel free to do the changes you want. If found any way to make it better please share it too. Have a great week.
Pine Script™ indicator
by paulohbk
بهره‌وری ATRSalam Refigh! In indicator "Bahrevori ATR" ye abzar bahale ke khodam dorostesh kardam ta kar tahlil bazar ro barat rahat-tar konam. Fekr kon ye dastyar dari ke ye alame chiz ro barat hesab mikone va jeloye cheshmet mizare! Avalin karesh ine ke ATR ro barat mohasebe mikone, hamoon navasanat bazar ke behet mige cheghadr gheymata bala paeen miran. Do model ATR dare: ye model momooli ke ba True Range kar mikone va ye model dige ke faghat tafavot baste shodan kondla ro negah mikone (Close-to-Close). Mitoni khodet begi chand kondel ro hesab kone va che joori saafesh kone (RMA, SMA ya har chi doost dari). Age toye Forex bashi, adadash ro be pip ham barat tabdil mikone ke rahat-tar befahmi. Baadesh, Stop Loss va Take Profit ro ham barat dar miare, ham baraye ATR mamoli, ham baraye on model Close-to-Close. Khodet mitoni ba do ta adad (SL Multiplier va TP Multiplier) tanzim koni ke ina cheghadr bozorg bashan. Injoori dige lazem nist khodet beshini hesab ketab koni! Ye chiz bahal ham dare: balaye har kondel mitone neshoon bede gheymat cheghadr az kondel ghabli jabeja shode. Tedade kondelayi ke ino neshoon mide va rang o jash ro khodet mitoni avaz koni. In baraye vaghti ke mikhay sari bebini bazar chetor dare mire kheili be dard mikhore. Bahrevori ham hesab mikone, yani Take Profit ro taghsim bar Stop Loss mikone ke bebini strategy-et cheghadr javab mide. Hame in etelaat ro toye ye kader khoshgel rooye chart mirize, rang matn va poszamine-sh ro ham mitoni har joor doost dari bokoni. Har bakhsh ro ham mitoni roshan ya khamoosh koni ke faghat chizi ke lazem dari ro bebini. Dar nahayat: Faghat bekhatere Saeed
Pine Script™ indicator
by MEHRSHADwolf
FVG | iSolani Unveiling Market Inefficiencies with Precision In fast-moving markets, spotting hidden opportunities often hinges on identifying imbalances between price and value. The FVG | iSolani indicator revolutionises this process by detecting Fair Value Gaps (FVGs) —zones where price action skips over "fair" valuation levels, creating potential retracement targets. Combining advanced filtering, dynamic visualisation, and automated management, this tool empowers traders to pinpoint high-probability setups with unprecedented clarity. Core Methodology The indicator employs a multi-layered approach to identify FVGs: Three-Bar Gap Analysis: Bullish FVGs form when the current low exceeds the high of two bars prior, while bearish FVGs occur when the current high stays below the low of two bars back. Volatility-Adjusted Filtering: Gaps are measured against a 100-bar standard deviation to exclude insignificant price jumps. Volume Confirmation: Only gaps accompanied by above-average volume (relative to a 1-bar SMA) are validated, filtering out low-conviction moves. Auto-Invalidation System: Continuously monitors price action to remove FVG zones once price closes within their range, maintaining chart cleanliness. Breaking New Ground This tool introduces three paradigm-shifting innovations: Volume-Weighted Significance: Unlike traditional FVG detectors, it ties gap validity to volume spikes, emphasising institutional activity. Adaptive Zone Management: Boxes automatically extend rightward (when enabled) and self-destruct when invalidated, eliminating manual cleanup. Smart Color Encoding: Offers both monochrome (for multi-timeframe analysis) and standard bull/bear color schemes, with customisable transparency. Engine Under the Hood The script operates through four key processes: Gap Detection: Scans every new bar for three-candle patterns meeting FVG criteria. Statistical Filtering: Applies user-defined threshold (default: 1σ) to separate meaningful gaps from market noise. Box Rendering: Draws semi-transparent zones between gap boundaries using TradingView's box objects, styled according to user preferences. Array-Based Memory: Stores all active FVGs in arrays, enabling real-time validation checks against current price action. Standard Configuration Optimised default settings balance visibility and functionality: Filter: 1.0 (1 standard deviation threshold) Colors: "Mono" mode (gray boxes) with 90% transparency Text Labels: Enabled in medium gray Extension: Gaps extend indefinitely rightward Borders: Dotted lines with visible outlines Through its fusion of quantitative rigor and visual adaptability, the FVG | iSolani transforms raw price data into actionable intelligence. By focusing on volume-confirmed gaps and automating zone management, it cuts through market chaos to reveal structurally significant levels—a must-have for traders navigating breakouts, reversals, or order-flow analysis.
Pine Script™ indicator
by iSolani_Trading
Trendchange Zones Indicator | iSolani Spotting Reversals Before They Happen: The iSolani Trendshift System Where RSI Meets Smart Volume Analysis - Your Visual Guide to Market Turns Core Methodology RSI-Powered Zones Identifies critical levels using: 14-period RSI (default) with 70/30 thresholds Semi-transparent boxes marking overbought (red) and oversold (green) territories Zone persistence until RSI returns to neutral range Dynamic Level Tracking Plots evolving support/resistance using: Pivot highs/lows with 15-bar lookback (default) Auto-extending lines that adapt to new price extremes Volume-Confirmed Breakouts Flags significant moves with: 5/10 EMA volume oscillator 20% volume threshold (default) for confirmation Technical Innovation Three-Layer Confirmation Unique combination of: Classic RSI extremes Price structure through pivot points Volume-fueled momentum shifts Adaptive Visualization Zones maintain historical context at 33% transparency Dynamic lines extend indefinitely until invalidated Discreet labels for breakout events System Workflow Calculates RSI values in real-time Draws colored zones when RSI crosses 70/30 Marks pivot points every 15 bars (default) Updates support/resistance lines on new pivots Triggers alerts when price breaks levels with volume confirmation Standard Configuration RSI Settings : 14-period length Pivot Detection : 15-bar left/right lookback Visuals : 33% transparency zones with thin borders Volume Threshold : 20% oscillator difference Alerts : Breakout signals with "B" labels This system transforms the classic RSI into a spatial analysis tool - not just showing when markets are overextended, but where they're likely to reverse. The dynamic lines act as moving barriers that adapt to market structure, while the volume filter ensures only high-conviction breaks get flagged. By layering momentum, price action, and volume dynamics, it creates a multi-spectrum view of potential trend changes.
Pine Script™ indicator
by iSolani_Trading
Toolbox📌 Trading Toolbox v2 Indicator This Pine Script indicator is a comprehensive trading toolbox designed to help traders manage risk, identify trade signals, and visualize key levels like Take Profit (TP), Stop Loss (SL), and Break Even (BE) on their charts. 🔹 Features: 📉 Technical Indicator Signals: Supports EMA, TEMA, Bollinger Bands (BB), RSI, and MACD. Provides bullish & bearish entry signals based on crossovers and strict mode filtering. 📊 Risk Management System: Calculates trade risk based on account balance and risk percentage. Determines lot size dynamically. 🎯 TP/SL & Break Even Calculation: Automatically calculates & displays TP, SL, and BE levels based on ATR. Allows custom risk-reward ratio configuration. 📌 Visual & Alert System: Plots entry points, TP/SL lines, and Break Even lines on the chart. Displays precise price levels of TP/SL/BE. Sends alerts when a trade signal or Break Even is triggered. 🛠️ How It Works: Entry Signals: Triggered when selected indicators confirm bullish or bearish conditions. Strict Mode: Requires a higher confirmation threshold for signals. Break Even: Moves SL to entry price after a set profit level is reached. Customizable: Users can enable/disable specific features for full control over strategy. 📌 Ideal For: ✅ Traders using technical indicators for trade entries ✅ Those who want automated risk management & lot size calculation ✅ Anyone looking for clear TP/SL/BE visualization on TradingView
Pine Script™ indicator
by schacherj959
TEMA OBOS Strategy【Pakun】TEMA OBOS Strategy Overview This strategy combines a trend-following approach using the Triple Exponential Moving Average (TEMA) with Overbought/Oversold (OBOS) indicator filtering. By utilizing TEMA crossovers to determine trend direction and OBOS as a filter, it aims to improve entry precision. This strategy can be applied to markets such as Forex, Stocks, and Crypto, and is particularly designed for mid-term timeframes (5-minute to 1-hour charts). Strategy Objectives Identify trend direction using TEMA Use OBOS to filter out overbought/oversold conditions Implement ATR-based dynamic risk management Key Features 1. Trend Analysis Using TEMA Uses crossover of short-term EMA (ema3) and long-term EMA (ema4) to determine entries. ema4 acts as the primary trend filter. 2. Overbought/Oversold (OBOS) Filtering Long Entry Condition: up > down (bullish trend confirmed) Short Entry Condition: up < down (bearish trend confirmed) Reduces unnecessary trades by filtering extreme market conditions. 3. ATR-Based Take Profit (TP) & Stop Loss (SL) Adjustable ATR multiplier for TP/SL Default settings: TP = ATR × 5 SL = ATR × 2 Fully customizable risk parameters. 4. Customizable Parameters TEMA Length (for trend calculation) OBOS Length (for overbought/oversold detection) Take Profit Multiplier Stop Loss Multiplier EMA Display (Enable/Disable TEMA lines) Bar Color Change (Enable/Disable candle coloring) Trading Rules Long Entry (Buy Entry) ema3 crosses above ema4 (Golden Cross) OBOS indicator confirms up > down (bullish trend) Execute a buy position Short Entry (Sell Entry) ema3 crosses below ema4 (Death Cross) OBOS indicator confirms up < down (bearish trend) Execute a sell position Take Profit (TP) Entry Price + (ATR × TP Multiplier) (Default: 5) Stop Loss (SL) Entry Price - (ATR × SL Multiplier) (Default: 2) TP/SL settings are fully customizable to fine-tune risk management. Risk Management Parameters This strategy emphasizes proper position sizing and risk control to balance risk and return. Trading Parameters & Considerations Initial Account Balance: $7,000 (adjustable) Base Currency: USD Order Size: 10,000 USD Pyramiding: 1 Trading Fees: $0.94 per trade Long Position Margin: 50% Short Position Margin: 50% Total Trades (M5 Timeframe): 128 Deep Test Results (2024/11/01 - 2025/02/24)BTCUSD-5M Total P&L：+1638.20USD Max equity drawdown：694.78USD Total trades：128 Profitable trades:44.53 Profit factor:1.45 These settings aim to protect capital while maintaining a balanced risk-reward approach. Visual Support TEMA Lines (Three EMAs) Trend direction is indicated by color changes (Blue/Orange) ema3 (short-term) and ema4 (long-term) crossover signals potential entries OBOS Histogram Green → Strong buying pressure Red → Strong selling pressure Blue → Possible trend reversal Entry & Exit Markers Blue Arrow → Long Entry Signal Red Arrow → Short Entry Signal Take Profit / Stop Loss levels displayed Strategy Improvements & Uniqueness This strategy is based on indicators developed by "l_lonthoff" and "jdmonto0", but has been significantly optimized for better entry accuracy, visual clarity, and risk management. Enhanced Trend Identification with TEMA Detects early trend reversals using ema3 & ema4 crossover Reduces market noise for a smoother trend-following approach Improved OBOS Filtering Prevents excessive trading Reduces unnecessary risk exposure Dynamic Risk Management with ATR-Based TP/SL Not a fixed value → TP/SL adjusts to market volatility Fully customizable ATR multiplier settings (Default: TP = ATR × 5, SL = ATR × 2) Summary The TEMA + OBOS Strategy is a simple yet powerful trading method that integrates trend analysis and oscillators. TEMA for trend identification OBOS for noise reduction & overbought/oversold filtering ATR-based TP/SL settings for dynamic risk management Before using this strategy, ensure thorough backtesting and demo trading to fine-tune parameters according to your trading style.
Pine Script™ strategy
by PakunFX
1
SkyTrendBands (ATR + CCI) - Upper & Lower Band Shading🚀 ATR/CCI Trend Bands – Adaptive Trend & Volatility Zones 🔹 Overview The ATR/CCI Trend Bands indicator is a trend-following and volatility-based tool designed to help traders identify trend direction, strength, and potential reversals. It combines Average True Range (ATR) for dynamic price bands and Commodity Channel Index (CCI) to filter trends, ensuring traders only focus on high-probability setups. Unlike static support and resistance levels, these bands dynamically expand and contract based on market volatility, making them highly effective for adapting to changing market conditions. 🔹 🔍 How It Works ✅ ATR-Based Trend Bands – The upper and lower bands are calculated using an ATR multiplier, which expands in high-volatility conditions and contracts in low-volatility conditions. These bands act as adaptive support and resistance zones. ✅ CCI Trend Filter – The CCI value determines whether the trend is bullish or bearish. If CCI is above 0 → The trendline follows the highest price movement within the ATR bands, indicating an uptrend. If CCI is below 0 → The trendline follows the lowest price movement within the ATR bands, marking a downtrend. ✅ Dynamic Trendline Coloring Blue Trendline = Uptrend (CCI ≥ 0) Red Trendline = Downtrend (CCI < 0) ✅ Shaded Support & Resistance Zones Red Upper Bands (Resistance) → Indicates potential selling pressure. Blue Lower Bands (Support) → Indicates potential buying interest. 🔹 📈 How to Use This Indicator? 🔸 Trend Trading – Use the trendline to ride trends with confidence. When the price stays above the trendline (blue), stay bullish; when it's below (red), favor bearish positions. 🔸 Breakout Confirmation – If the price breaks above the upper band, it may signal a strong bullish breakout. Conversely, a break below the lower band could indicate a bearish breakdown. 🔸 Reversal Trading – Look for price exhaustion in the shaded resistance (red) and support (blue) zones. If the price repeatedly fails to break through the bands, a reversal may be forming. 🔹 🎯 Why Use This Indicator? ✅ Eliminates false breakouts by combining ATR & CCI ✅ Works on all timeframes and markets ✅ Perfect for trend traders, breakout traders, and mean-reversion setups ✅ Customizable inputs for different trading styles 🚀 Upgrade your trading with ATR/CCI Trend Bands today!
Pine Script™ indicator
by MACDaddyTrader
1
Daily True Range (DTR) vs Average True Range (ATR)Overview The "DTR vs ATR with Color-Coded Percentage" indicator is a powerful volatility analysis tool designed for traders who want to understand daily price movements in the context of historical volatility. It calculates the Daily True Range (DTR)—the raw measure of a single day’s volatility—and compares it to the Average True Range (ATR), which smooths volatility over a user-defined period (default 14 days). The indicator presents this data in an intuitive table, featuring a color-coded percentage that visually represents how the current day’s move (DTR) stacks up against the average volatility (ATR). This helps traders quickly assess whether the current day’s price action is unusually volatile, average, or subdued relative to recent history. Purpose Volatility Comparison: Visualize how the current day’s price range (DTR) relates to the average range (ATR) over a specified period. Decision Support: Identify days with exceptional movement (e.g., breakouts or reversals) versus normal or quiet days, aiding in trade entry/exit decisions. Risk Management: Gauge daily volatility to adjust position sizing or stop-loss levels based on whether the market is exceeding or falling short of typical movement. Features Daily True Range (DTR) Calculation: Computes the True Range for the current day as the greatest of: Current day’s High - Low High - Previous Close Low - Previous Close Aggregates data on any timeframe to ensure accurate daily values. Average True Range (ATR): Calculates the smoothed average of DTR over a customizable period (default 14 days) using Wilder’s smoothing method. Updates in real-time as the day progresses. Timeframe Flexibility: Works on any chart timeframe (e.g., 1-minute, 1-hour) while always calculating DTR and ATR based on daily data. Color-Coded Display in either compact or table mode The percentage value is color-coded in the table based on configurable thresholds: Safe (default 75): Normal range, within typical volatility Warning: (default 75-125): Above-average volatility. Danger (default 125): Exceptionally high volatility
Pine Script™ indicator
by outofoptions
Multi-Timeframe ATR Levels by Hitesh2603Description: "Multi-Timeframe ATR Levels by Hitesh2603" is a versatile and adaptive indicator designed to help traders identify key price levels based on the Average True Range (ATR) from a higher timeframe. The script automatically adapts to the current chart’s timeframe and allows you to customize the higher timeframe for ATR calculations, making it ideal for intraday and swing trading strategies. The indicator plots upper and lower price levels based on the ATR multiplier, providing clear visual cues for potential profit-taking or exit points. It also includes features like editable timeframe presets , historical level plotting , labels , and alerts , making it a powerful tool for traders of all experience levels. --- Key Features: 1. Automatic Timeframe Adaptation : - The script automatically detects the current chart’s timeframe and selects the appropriate higher timeframe for ATR calculations. 2. Editable Preset Timeframe Pairs : - Customize the higher timeframe for each chart timeframe directly in the indicator settings. 3. Dynamic ATR-Based Levels :- Plots upper and lower price levels using the formula: - Upper Level = Current Candle Open + (Previous Candle ATR * Multiplier) - Lower Level = Current Candle Open - (Previous Candle ATR * Multiplier) 4. Customizable Inputs : - Adjust ATR length, multiplier, line length, colors, and more. 5. Labels : - Displays the exact values of the upper and lower levels for easy reference. 6. Historical Levels : - Optionally plots historical levels for all candles. 7. Alerts : - Get notified when the price crosses the upper or lower levels. --- Use Cases: 1. Intraday Trading : - Use the script on a 5-minute or 15-minute chart with a 1-hour higher timeframe to identify intraday profit-taking or exit points. 2. Swing Trading : - Use the script on a 1-hour or 4-hour chart with a daily higher timeframe to identify swing trading opportunities. 3. Position Trading : - Use the script on a daily chart with a weekly higher timeframe to identify key levels for position trading. 4. Breakout Confirmation : - Use the upper and lower levels as confirmation points for breakouts or reversals. 5. Risk Management : - Use the levels to set stop-loss or take-profit targets based on market volatility. --- How to Use: 1. Add the Script to Your Chart : - Search for "Multi-Timeframe ATR Levels by Hitesh2603" in the TradingView indicator library and add it to your chart. 2. Customize the Settings : - Adjust the inputs (e.g., ATR length, multiplier, line length, colors, etc.) to suit your trading strategy. 3. Set the Higher Timeframe : - The script will automatically display an input for the higher timeframe based on the current chart’s timeframe. Customize it as needed. 4. Interpret the Levels : - The script will plot two horizontal lines (upper and lower levels) on the chart. Use these levels for profit-taking, exits, or breakout confirmation. 5. Enable Alerts : - Set up alerts to get notified when the price crosses the upper or lower levels. --- Input Parameters: 1. ATR Length : - The period used to calculate the ATR (default: 14). 2. ATR Multiplier : - The multiplier applied to the ATR to calculate the levels (default: 0.65). 3. Line Length : - The number of candles to extend the lines (default: 10). 4. Show Labels : - Toggle to display the exact values of the levels (default: true). 5. Show Historical Levels : - Toggle to plot historical levels for all candles (default: false). 6. Line Colors : - Customize the colors of the upper and lower levels. 7. Line Width : - Adjust the thickness of the lines (default: 2). --- Example: - Current Chart : 5-minute - Higher Timeframe : 1-hour - Previous Hour’s ATR : 4.6 - Current Hour’s Open : 102 - Multiplier : 0.65 Levels : - Upper Level = 102 + (4.6 * 0.65) = 105.0 - Lower Level = 102 - (4.6 * 0.65) = 99.0 The script will plot horizontal lines at 105.0 and 99.0 on the 5-minute chart. --- Alerts: - Price Crosses Upper Level : - Triggered when the price crosses above the upper level. - Price Crosses Lower Level : - Triggered when the price crosses below the lower level. --- Notes: - The script is designed to be flexible and adaptable to various trading styles and timeframes. - Always backtest and validate the indicator with your trading strategy before using it in live trading. --- Credits: - Developed by Hitesh2603 . - Special thanks to the TradingView community for inspiration and support.
Pine Script™ indicator
by Hitesh2603
Uptrick: Alpha TrendIntroduction Uptrick: Alpha Trend is a comprehensive technical analysis indicator designed to provide traders with detailed insights into market trends, momentum, and risk metrics. It adapts to various trading styles—from quick scalps to longer-term positions—by dynamically adjusting its calculations and visual elements. By combining multiple smoothing techniques, advanced color schemes, and customizable data tables, the indicator offers a holistic view of market behavior. Originality The Alpha Trend indicator distinguishes itself by blending established technical concepts with innovative adaptations. It employs three different smoothing techniques tailored to specific trading modes (Scalp, Swing, and Position), and it dynamically adjusts its parameters to match the chosen mode. The indicator also offers a wide range of color palettes and multiple on-screen tables that display key metrics. This unique combination of features, along with its ability to adapt in real time, sets it apart as a versatile tool for both novice and experienced traders. Features 1. Multi-Mode Trend Line The indicator automatically selects a smoothing method based on the trading mode: - Scalp Mode uses the Hull Moving Average (HMA) for rapid responsiveness. - Swing Mode employs the Exponential Moving Average (EMA) for balanced reactivity. - Position Mode applies the Weighted Moving Average (WMA) for smoother, long-term trends. Each method is chosen to best capture the price action dynamics appropriate to the trader’s timeframe. 2. Adaptive Momentum Thresholds It tracks bullish and bearish momentum with counters that increment as the trend confirms directional movement. When these counters exceed a user-defined threshold, the indicator generates optional buy or sell signals. This approach helps filter out minor fluctuations and highlights significant market moves. 3. Gradient Fills Two types of fills enhance visual clarity: - Standard Gradient Fill displays ATR-based zones above and below the trend line, indicating potential bullish and bearish areas. - Fading Gradient Fill creates a smooth transition between the trend line and the price, visually emphasizing the distance between them. 4. Bar Coloring and Signal Markers The indicator can color-code bars based on market conditions—bullish, bearish, or neutral—allowing for immediate visual assessment. Additionally, signal markers such as buy and sell arrows are plotted when momentum thresholds are breached. 5. Comprehensive Data Tables Uptrick: Alpha Trend offers several optional tables for detailed analysis: - Insider Info: Displays key metrics like the current trend value, bullish/bearish momentum counts, and ATR. - Indicator Metrics: Lists input settings such as trend length, damping, signal threshold, and net momentum. - Market Analysis: Summarizes overall trend direction, trend strength, Sortino ratio, return, and volatility. - Price & Trend Dynamics: Details price deviation from the trend, trend slope, and ATR ratio. - Momentum & Volatility Insights: Presents RSI, standard deviation (volatility), and net momentum. - Performance & Acceleration Metrics: Focuses on the Sortino ratio, trend acceleration, return, and trend strength. Each table can be positioned flexibly on the chart, allowing traders to customize the layout according to their needs. Why It Combines Specific Smoothing Techniques Smoothing techniques are essential for filtering out market noise and revealing underlying trends. The indicator combines three smoothing methods for the following reasons: - The Hull Moving Average (HMA) in Scalp Mode minimizes lag and responds quickly to price changes, which is critical for short-term trading. - The Exponential Moving Average (EMA) in Swing Mode gives more weight to recent data, striking a balance between speed and smoothness. This makes it suitable for mid-term trend analysis. - The Weighted Moving Average (WMA) in Position Mode smooths out short-term fluctuations, offering a clear view of longer-term trends and reducing the impact of transient market volatility. By using these specific methods in their respective trading modes, the indicator ensures that the trend line is appropriately responsive for the intended time frame, enhancing decision-making while maintaining clarity. Inputs 1. Trend Length (Default: 30) Defines the lookback period for the smoothing calculation. A shorter trend length results in a more responsive line, while a longer length produces a smoother, less volatile trend. 2. Trend Damping (Default: 0.75) Controls the degree of smoothing applied to the trend line. Lower values lead to a smoother curve, whereas higher values increase sensitivity to price fluctuations. 3. Signal Strength Threshold (Default: 5) Specifies the number of consecutive bullish or bearish bars required to trigger a signal. Higher thresholds reduce the frequency of signals, focusing on stronger moves. 4. Enable Bar Coloring (Default: True) Toggles whether each price bar is colored to indicate bullish, bearish, or neutral conditions. 5. Enable Signals (Default: True) When enabled, this option plots buy or sell arrows on the chart once the momentum thresholds are met. 6. Enable Standard Gradient Fill (Default: False) Activates ATR-based gradient fills around the trend line to visualize potential support and resistance zones. 7. Enable Fading Gradient Fill (Default: True) Draws a gradual color transition between the trend line and the current price, emphasizing their divergence. 8. Trading Mode (Options: Scalp, Swing, Position) Determines which smoothing method and ATR period to use, adapting the indicator’s behavior to short-term, medium-term, or long-term trading. 9. Table Position Inputs Allows users to select from nine possible chart positions (top, middle, bottom; left, center, right) for each data table. 10. Show Table Booleans Separate toggles control the display of each table (Insider Info, Indicator Metrics, Market Analysis, and the three Deep Tables), enabling a customized view of the data. Color Schemes (Default) - The colors in the preview image of the indicator. (Emerald) (Sapphire) (Golden Blaze) (Mystic) (Monochrome) (Pastel) (Vibrant) (Earth) (Neon) Calculations 1. Trend Line Methods - Scalp Mode: Utilizes the Hull Moving Average (HMA), which computes two weighted moving averages (one at half the length and one at full length), subtracts them, and then applies a final weighted average based on the square root of the length. This method minimizes lag and increases responsiveness. - Swing Mode: Uses the Exponential Moving Average (EMA), which assigns greater weight to recent prices, thus balancing quick reaction with smoothness. - Position Mode: Applies the Weighted Moving Average (WMA) to focus on longer-term trends by emphasizing the entire lookback period and reducing the impact of short-term volatility. 2. Momentum Tracking The indicator maintains separate counters for bullish and bearish momentum. These counters increase as the trend confirms directional movement and reset when the trend reverses. When a counter exceeds the defined signal strength threshold, a corresponding signal (buy or sell) is triggered. 3. Volatility and ATR Zones The Average True Range (ATR) is calculated using a period that adapts to the selected trading mode (shorter for Scalp, longer for Position). The ATR value is then used to define upper and lower zones around the trend line, highlighting the current level of market volatility. 4. Return and Trend Acceleration - Return is calculated as the difference between the current and previous closing prices, providing a simple measure of price change. - Trend Acceleration is derived from the change in the trend line’s movement (its first derivative) compared to the previous bar. This metric indicates whether the trend is gaining or losing momentum. 5. Sortino Ratio and Standard Deviation - The Sortino Ratio measures risk-adjusted performance by comparing returns to downside volatility (only considering negative price changes). - Standard Deviation is computed over the lookback period to assess the extent of price fluctuations, offering insights into market stability. Usage This indicator is suitable for various time frames and market instruments. Traders can enable or disable specific visual elements such as gradient fills, bar coloring, and signal markers based on their preference. For a minimalist approach, one might choose to display only the primary trend line. For a deeper analysis, enabling multiple tables can provide extensive data on momentum, volatility, trend dynamics, and risk metrics. Important Note on Risk Trading involves inherent risk, and no indicator can eliminate the uncertainty of the markets. Past performance is not indicative of future results. It is essential to use proper risk management, test any new tool thoroughly, and consult multiple sources or professional advice before making trading decisions. Conclusion Uptrick: Alpha Trend unifies a diverse set of calculations, adaptive smoothing techniques, and customizable visual elements into one powerful tool. By combining the Hull, Exponential, and Weighted Moving Averages, the indicator is able to provide a trend line that is both responsive and smooth, depending on the trading mode. Its advanced color schemes, gradient fills, and detailed data tables deliver a comprehensive analysis of market trends, momentum, and risk. Whether you are a short-term trader or a long-term investor, this indicator aims to clarify price action and assist you in making more informed trading decisions.
Pine Script™ indicator
by Uptrick
5
[SHORT ONLY] ATR Sell the Rip Mean Reversion Strategy█ STRATEGY DESCRIPTION The "ATR Sell the Rip Mean Reversion Strategy" is a contrarian system that targets overextended price moves on stocks and ETFs. It calculates an ATR‐based trigger level to identify shorting opportunities. When the current close exceeds this smoothed ATR trigger, and if the close is below a 200-period EMA (if enabled), the strategy initiates a short entry, aiming to profit from an anticipated corrective pullback. █ HOW IS THE ATR SIGNAL BAND CALCULATED? This strategy computes an ATR-based signal trigger as follows: Calculate the ATR The strategy computes the Average True Range (ATR) using a configurable period provided by the user: atrValue = ta.atr(atrPeriod) Determine the Threshold Multiply the ATR by a predefined multiplier and add it to the current close: atrThreshold = close + atrValue * atrMultInput Smooth the Threshold Apply a Simple Moving Average over a specified period to smooth out the threshold, reducing noise: signalTrigger = ta.sma(atrThreshold, smoothPeriodInput) █ SIGNAL GENERATION 1. SHORT ENTRY A Short Signal is triggered when: The current close is above the smoothed ATR signal trigger. The trade occurs within the specified trading window (between Start Time and End Time). If the EMA filter is enabled, the close must also be below the 200-period EMA. 2. EXIT CONDITION An exit Signal is generated when the current close falls below the previous bar’s low (close < low ), indicating a potential bearish reversal and prompting the strategy to close its short position. █ ADDITIONAL SETTINGS ATR Period: The period used to calculate the ATR, allowing for adaptability to different volatility conditions (default is 20). ATR Multiplier: The multiplier applied to the ATR to determine the raw threshold (default is 1.0). Smoothing Period: The period over which the raw ATR threshold is smoothed using an SMA (default is 10). Start Time and End Time: Defines the time window during which trades are allowed. EMA Filter (Optional): When enabled, short entries are only executed if the current close is below the 200-period EMA, confirming a bearish trend. █ PERFORMANCE OVERVIEW This strategy is designed for use on the Daily timeframe, targeting stocks and ETFs by capitalizing on overextended price moves. It utilizes a dynamic, ATR-based trigger to identify when prices have potentially peaked, setting the stage for a mean reversion short entry. The optional EMA filter helps align trades with broader market trends, potentially reducing false signals. Backtesting is recommended to fine-tune the ATR multiplier, smoothing period, and EMA settings to match the volatility and behavior of specific markets.
Pine Script™ strategy
by Botnet101
MTF Signal XpertMTF Signal Xpert – Detailed Description Overview: MTF Signal Xpert is a proprietary, open‑source trading signal indicator that fuses multiple technical analysis methods into one cohesive strategy. Developed after rigorous backtesting and extensive research, this advanced tool is designed to deliver clear BUY and SELL signals by analyzing trend, momentum, and volatility across various timeframes. Its integrated approach not only enhances signal reliability but also incorporates dynamic risk management, helping traders protect their capital while navigating complex market conditions. Detailed Explanation of How It Works: Trend Detection via Moving Averages Dual Moving Averages: MTF Signal Xpert computes two moving averages—a fast MA and a slow MA—with the flexibility to choose from Simple (SMA), Exponential (EMA), or Hull (HMA) methods. This dual-MA system helps identify the prevailing market trend by contrasting short-term momentum with longer-term trends. Crossover Logic: A BUY signal is initiated when the fast MA crosses above the slow MA, coupled with the condition that the current price is above the lower Bollinger Band. This suggests that the market may be emerging from a lower price region. Conversely, a SELL signal is generated when the fast MA crosses below the slow MA and the price is below the upper Bollinger Band, indicating potential bearish pressure. Recent Crossover Confirmation: To ensure that signals reflect current market dynamics, the script tracks the number of bars since the moving average crossover event. Only crossovers that occur within a user-defined “candle confirmation” period are considered, which helps filter out outdated signals and improves overall signal accuracy. Volatility and Price Extremes with Bollinger Bands Calculation of Bands: Bollinger Bands are calculated using a 20‑period simple moving average as the central basis, with the upper and lower bands derived from a standard deviation multiplier. This creates dynamic boundaries that adjust according to recent market volatility. Signal Reinforcement: For BUY signals, the condition that the price is above the lower Bollinger Band suggests an undervalued market condition, while for SELL signals, the price falling below the upper Bollinger Band reinforces the bearish bias. This volatility context adds depth to the moving average crossover signals. Momentum Confirmation Using Multiple Oscillators RSI (Relative Strength Index): The RSI is computed over 14 periods to determine if the market is in an overbought or oversold state. Only readings within an optimal range (defined by user inputs) validate the signal, ensuring that entries are made during balanced conditions. MACD (Moving Average Convergence Divergence): The MACD line is compared with its signal line to assess momentum. A bullish scenario is confirmed when the MACD line is above the signal line, while a bearish scenario is indicated when it is below, thus adding another layer of confirmation. Awesome Oscillator (AO): The AO measures the difference between short-term and long-term simple moving averages of the median price. Positive AO values support BUY signals, while negative values back SELL signals, offering additional momentum insight. ADX (Average Directional Index): The ADX quantifies trend strength. MTF Signal Xpert only considers signals when the ADX value exceeds a specified threshold, ensuring that trades are taken in strongly trending markets. Optional Stochastic Oscillator: An optional stochastic oscillator filter can be enabled to further refine signals. It checks for overbought conditions (supporting SELL signals) or oversold conditions (supporting BUY signals), thus reducing ambiguity. Multi-Timeframe Verification Higher Timeframe Filter: To align short-term signals with broader market trends, the script calculates an EMA on a higher timeframe as specified by the user. This multi-timeframe approach helps ensure that signals on the primary chart are consistent with the overall trend, thereby reducing false signals. Dynamic Risk Management with ATR ATR-Based Calculations: The Average True Range (ATR) is used to measure current market volatility. This value is multiplied by a user-defined factor to dynamically determine stop loss (SL) and take profit (TP) levels, adapting to changing market conditions. Visual SL/TP Markers: The calculated SL and TP levels are plotted on the chart as distinct colored dots, enabling traders to quickly identify recommended exit points. Optional Trailing Stop: An optional trailing stop feature is available, which adjusts the stop loss as the trade moves favorably, helping to lock in profits while protecting against sudden reversals. Risk/Reward Ratio Calculation: MTF Signal Xpert computes a risk/reward ratio based on the dynamic SL and TP levels. This quantitative measure allows traders to assess whether the potential reward justifies the risk associated with a trade. Condition Weighting and Signal Scoring Binary Condition Checks: Each technical condition—ranging from moving average crossovers, Bollinger Band positioning, and RSI range to MACD, AO, ADX, and volume filters—is assigned a binary score (1 if met, 0 if not). Cumulative Scoring: These individual scores are summed to generate cumulative bullish and bearish scores, quantifying the overall strength of the signal and providing traders with an objective measure of its viability. Detailed Signal Explanation: A comprehensive explanation string is generated, outlining which conditions contributed to the current BUY or SELL signal. This explanation is displayed on an on‑chart dashboard, offering transparency and clarity into the signal generation process. On-Chart Visualizations and Debug Information Chart Elements: The indicator plots all key components—moving averages, Bollinger Bands, SL and TP markers—directly on the chart, providing a clear visual framework for understanding market conditions. Combined Dashboard: A dedicated dashboard displays key metrics such as RSI, ADX, and the bullish/bearish scores, alongside a detailed explanation of the current signal. This consolidated view allows traders to quickly grasp the underlying logic. Debug Table (Optional): For advanced users, an optional debug table is available. This table breaks down each individual condition, indicating which criteria were met or not met, thus aiding in further analysis and strategy refinement. Mashup Justification and Originality MTF Signal Xpert is more than just an aggregation of existing indicators—it is an original synthesis designed to address real-world trading complexities. Here’s how its components work together: Integrated Trend, Volatility, and Momentum Analysis: By combining moving averages, Bollinger Bands, and multiple oscillators (RSI, MACD, AO, ADX, and an optional stochastic), the indicator captures diverse market dynamics. Each component reinforces the others, reducing noise and filtering out false signals. Multi-Timeframe Analysis: The inclusion of a higher timeframe filter aligns short-term signals with longer-term trends, enhancing overall reliability and reducing the potential for contradictory signals. Adaptive Risk Management: Dynamic stop loss and take profit levels, determined using ATR, ensure that the risk management strategy adapts to current market conditions. The optional trailing stop further refines this approach, protecting profits as the market evolves. Quantitative Signal Scoring: The condition weighting system provides an objective measure of signal strength, giving traders clear insight into how each technical component contributes to the final decision. How to Use MTF Signal Xpert: Input Customization: Adjust the moving average type and period settings, ATR multipliers, and oscillator thresholds to align with your trading style and the specific market conditions. Enable or disable the optional stochastic oscillator and trailing stop based on your preference. Interpreting the Signals: When a BUY or SELL signal appears, refer to the on‑chart dashboard, which displays key metrics (e.g., RSI, ADX, bullish/bearish scores) along with a detailed breakdown of the conditions that triggered the signal. Review the SL and TP markers on the chart to understand the associated risk/reward setup. Risk Management: Use the dynamically calculated stop loss and take profit levels as guidelines for setting your exit points. Evaluate the provided risk/reward ratio to ensure that the potential reward justifies the risk before entering a trade. Debugging and Verification: Advanced users can enable the debug table to see a condition-by-condition breakdown of the signal generation process, helping refine the strategy and deepen understanding of market dynamics. Disclaimer: MTF Signal Xpert is intended for educational and analytical purposes only. Although it is based on robust technical analysis methods and has undergone extensive backtesting, past performance is not indicative of future results. Traders should employ proper risk management and adjust the settings to suit their financial circumstances and risk tolerance. MTF Signal Xpert represents a comprehensive, original approach to trading signal generation. By blending trend detection, volatility assessment, momentum analysis, multi-timeframe alignment, and adaptive risk management into one integrated system, it provides traders with actionable signals and the transparency needed to understand the logic behind them.
Pine Script™ indicator
by EnviAI
High-Low Breakout Strategy with ATR traling Stop LossThis script is a TradingView Pine Script strategy that implements a High-Low Breakout Strategy with ATR Trailing Stop.created by SK WEALTH GURU, Here’s a breakdown of its key components: Features and Functionality Custom Timeframe and High-Low Detection Allows users to select a custom timeframe (default: 30 minutes) to detect high and low levels. Tracks the high and low within a user-specified period (e.g., first 30 minutes of the session). Draws horizontal lines for high and low, persisting for a specified number of days. Trade Entry Conditions Long Entry: If the closing price crosses above the recorded high. Short Entry: If the closing price crosses below the recorded low. The user can choose to trade Long, Short, or Both. ATR-Based Trailing Stop & Risk Management Uses Average True Range (ATR) with a multiplier (default: 3.5) to determine a dynamic trailing stop-loss. Trades reset daily, ensuring a fresh start each day. Trade Execution and Partial Profit Taking Stop-loss: Default at 1% of entry price. Partial profit: Books 50% of the position at 3% profit. Max 2 trades per day: If the first trade hits stop-loss, the strategy allows one re-entry. Intraday Exit Condition All positions close at 3:15 PM to ensure no overnight risk.
Pine Script™ strategy
by SK-WEALTH-GURU
2
Johnny's Volatility-Driven Trend Identifier w/ Reversal SignalsJohnny's Volatility-Driven Trend Identifier w/ Reversal Signals is designed to identify high-probability trend shifts and reversals by incorporating volatility, momentum, and impulse-based filtering. It is specifically built for traders who want to capture strong trend movements while minimizing false signals caused by low volatility noise. By leveraging Rate of Change (ROC), Relative Strength Index (RSI), and Average True Range (ATR)-based volatility detection, the indicator dynamically adapts to market conditions. It highlights breakout trends, reversals, and early signs of momentum shifts using strategically placed labels and color-coded trend visualization. Inspiration taken from Top G indicator . What This Indicator Does The Volatility-Driven Trend Identifier works by: Measuring Market Extremes & Momentum: Uses ROC normalization with standard deviation to identify impulse moves in price action. Implements RSI filtering to determine overbought/oversold conditions that validate trend strength. Utilizes ATR-based volatility tracking to ensure signals only appear when meaningful market movements are occurring. Identifying Key Trend Events: Power Peak (🔥): Marks a confirmed strong downtrend, ideal for shorting opportunities. Surge (🚀): Indicates a confirmed strong uptrend, signaling a potential long entry. Soft Surge (↗): Highlights a mild bullish reentry or early uptrend formation. Soft Peak (↘): Shows a mild bearish reentry or early downtrend formation. Providing Adaptive Filtering for Reliable Signals: Filters out weak trends with a volatility check, ensuring signals appear only in strong market conditions. Implements multi-level confirmation by combining trend strength metrics, preventing false breakouts. Uses gradient-based visualization to color-code market sentiment for quick interpretation. What This Indicator Signals Breakouts & Impulse Moves: 🚀🔥 The Surge (🚀) and Power Peak (🔥) labels indicate confirmed momentum breakouts, where the trend has been validated by a combination of ROC impulse, RSI confirmation, and ATR volatility filtering. These signals suggest that the market is entering a strong trend, and traders can align their entries accordingly. Early Trend Formation & Reentries: ↗ ↘ The Soft Surge (↗) and Soft Peak (↘) labels indicate areas where a trend might be forming, but is not yet fully confirmed. These signals help traders anticipate potential entries before the trend gains full strength. Volatility-Adaptive Trend Filtering: 📊 Since the indicator only activates in volatile conditions, it avoids the pitfalls of low-range choppy markets where false signals frequently occur. ATR-driven adaptive windowing allows the indicator to dynamically adjust its sensitivity based on real-time volatility conditions. How to Use This Indicator 1. Identifying High-Probability Entries Bullish Entries (Long Trades) Look for 🚀 Surge signals in an uptrend. Confirm with RSI (should be above 50 for momentum). Ensure volatility is increasing to validate the breakout. Use ↗ Soft Surge signals for early entries before the trend fully confirms. Bearish Entries (Short Trades) Look for 🔥 Power Peak signals in a downtrend. RSI should be below 50, indicating downward momentum. Volatility should be rising, ensuring market momentum is strong. Use ↘ Soft Peak signals for early entries before a full bearish confirmation. 2. Avoiding False Signals Ignore signals when the market is ranging (low ATR). Check RSI and ROC alignment to ensure trend confirmation. Use additional confluences (e.g., price action, support/resistance levels, moving averages) for enhanced accuracy. 3. Trend Confirmation & Filtering The stronger the trend, the higher the likelihood that Surge (🚀) and Power Peak (🔥) signals will continue in their direction. Soft Surge (↗) and Soft Peak (↘) act as early warning signals before major breakouts occur. What Makes This a Machine Learning-Inspired Moving Average? While this indicator is not a direct implementation of machine learning (as Pine Script lacks AI/ML capabilities), it mimics machine learning principles by adapting dynamically to market conditions using the following techniques: Adaptive Trend Selection: It does not rely on fixed moving averages but instead adapts dynamically based on volatility expansion and momentum detection. ATR-based filtering adjusts the indicator’s sensitivity to real-time conditions. Multi-Factor Confirmation (Feature Engineering Equivalent in ML): Combines ROC, RSI, and ATR in a structured way, similar to how ML models use multiple inputs to filter and classify data. Implements conditional trend recognition, ensuring that only valid signals pass through the filter. Noise Reduction with Data Smoothing: The algorithm avoids false signals by incorporating trend intensity thresholds, much like how ML models remove outliers to refine predictions. Adaptive filtering ensures that low-volatility environments do not produce misleading signals. Why Use This Indicator? ✔ Reduces False Signals: Multi-factor validation ensures only high-confidence signals are triggered. ✔ Works in All Market Conditions: Volatility-adaptive nature allows the indicator to perform well in both trending and ranging markets. ✔ Great for Swing & Intraday Trading: It helps spot momentum shifts early and allows traders to catch major market moves before they fully develop. ✔ Visually Intuitive: Color-coded trends and clear signal markers make it easy to interpret.
Pine Script™ indicator
by JonathanLeyva
5
Choppiness IndexThis Pine Script v6 indicator calculates the Choppiness Index over a user-defined length and segments it based on user-defined thresholds for choppy and trending market conditions. The indicator allows users to toggle the visibility of choppy, trending, and neutral segments using checkboxes. Here's how it works: Inputs: Users can set the length for the Choppiness Index calculation and thresholds for choppy and trending conditions. They can also choose which segments to display. Choppiness Index Calculation: The script calculates the Choppiness Index using the ATR and the highest-high and lowest-low over the specified length. Segment Determination: The script determines which segment the current Choppiness Index value falls into based on the thresholds. The color changes exactly at the threshold values. Dynamic Plotting: The Choppiness Index is plotted with a color that changes based on the segment. The plot is only visible if the segment is "turned on" by the user. Threshold Lines: Dashed horizontal lines are plotted at the choppy and trending thresholds for reference. This indicator helps traders visualize market conditions and identify potential transitions between choppy and trending phases, with precise color changes at the threshold values.
Pine Script™ indicator
by mdeacey
Adaptive Fractal Grid Scalping StrategyThis Pine Script v6 component implements an "Adaptive Fractal Grid Scalping Strategy" with an added volatility threshold feature. Here's how it works: Fractal Break Detection: Uses ta.pivothigh and ta.pivotlow to identify local highs and lows. Volatility Clustering: Measures volatility using the Average True Range (ATR). Adaptive Grid Levels: Dynamically adjusts grid levels based on ATR and user-defined multipliers. Directional Bias Filter: Uses a Simple Moving Average (SMA) to determine trend direction. Volatility Threshold: Introduces a new input to specify a minimum ATR value required to activate the strategy. Trade Execution Logic: Places limit orders at grid levels based on trend direction and fractal levels, but only when ATR exceeds the volatility threshold. Profit-Taking and Stop-Loss: Implements profit-taking at grid levels and a trailing stop-loss based on ATR. How to Use Inputs: Customize the ATR length, SMA length, grid multipliers, trailing stop multiplier, and volatility threshold through the input settings. Visuals: The script plots fractal points and grid levels on the chart for easy visualization. Trade Signals: The strategy automatically places buy/sell orders based on the detected fractals, trend direction, and volatility threshold. Profit and Risk Management: The script includes logic for taking profits and setting stop-loss levels to manage trades effectively. This strategy is designed to capitalize on micro-movements during high volatility and avoid overtrading during low-volatility trends. Adjust the input parameters to suit your trading style and market conditions.
Pine Script™ strategy
by mdeacey
Radial Basis Kernal ATR [BackQuant]Radial Basis Kernel ATR The Radial Basis Kernel ATR is a trading indicator that combines the classic Average True Range (ATR) with advanced Radial Basis Function (RBF) kernel smoothing . This innovative approach creates a highly adaptive and precise tool for detecting volatility, identifying trends, and providing dynamic support and resistance levels. With its configurable parameters and ability to adjust to market conditions, this indicator offers traders a robust framework for making informed decisions across various assets and timeframes. Key Feature: Radial Basis Function Kernel Smoothing The Radial Basis Function (RBF) kernel is at the heart of this indicator, applying sophisticated mathematical techniques to smooth price data and calculate an enhanced version of ATR. By weighting data points dynamically, the RBF kernel ensures that recent price movements are given appropriate emphasis without overreacting to short-term noise. The RBF kernel uses a gamma factor to control the degree of smoothing, making it highly adaptable to different asset classes and market conditions: Gamma Factor Adjustment : For low-volatility data (e.g., indices), a smaller gamma (0.05–0.1) ensures smoother trends and avoids overly sharp responses. For high-volatility data (e.g., cryptocurrencies), a larger gamma (0.1–0.2) captures the increased price fluctuations while maintaining stability. Experimentation is Key : Traders are encouraged to backtest and visually compare different gamma values to find the optimal setting for their specific asset and strategy. The gamma factor dynamically adjusts based on the variance of the source data, ensuring the indicator remains effective across a wide range of market conditions. Average True Range (ATR) with Dynamic Bands The ATR is a widely used volatility measure that captures the degree of price movement over a specific period. This indicator enhances the traditional ATR by integrating the RBF kernel, resulting in a smoothed and adaptive ATR calculation. Dynamic bands are created around the RBF kernel output using a user-defined ATR factor , offering valuable insights into potential support and resistance zones. These bands expand and contract based on market volatility, providing a visual representation of potential price movement. Moving Average Confluence For additional confirmation, the indicator includes the option to overlay a moving average on the smoothed ATR. Traders can choose from several moving average types, such as EMA , SMA , or Hull , and adjust the lookback period to suit their strategy. This feature helps identify broader trends and potential confluence areas, making the indicator even more versatile. Long and Short Trend Detection The indicator provides long and short signals based on the directional movement of the smoothed ATR: Long Signal : Triggered when the ATR crosses above its previous value, indicating bullish momentum. Short Signal : Triggered when the ATR crosses below its previous value, signaling bearish momentum. These trend signals are visually highlighted on the chart with green and red bar coloring (optional), providing clear and actionable insights. Customization Options The Radial Basis Kernel ATR offers extensive customization options, allowing traders to tailor the indicator to their preferences: RBF Kernel Settings Source : Select the price data (e.g., close, high, low) used for the kernel calculation. Kernel Length : Define the lookback period for the RBF kernel, controlling the smoothing effect. Gamma Factor : Adjust the smoothing sensitivity, with smaller values for smoother trends and larger values for responsiveness. ATR Settings ATR Period : Set the period for ATR calculation, with shorter periods capturing more short-term volatility and longer periods providing a broader view. ATR Factor : Adjust the scaling of ATR bands for dynamic support and resistance levels. Confluence Settings Moving Average Type : Choose from various moving average types for additional trend confirmation. Moving Average Period : Define the lookback period for the moving average overlay. Visualization Trend Coloring : Enable or disable bar coloring based on trend direction (green for long, red for short). Background Highlighting : Add optional background shading to emphasize long and short trends visually. Line Width : Customize the thickness of the plotted ATR line for better visibility. Alerts and Automation To help traders stay on top of market movements, the indicator includes built-in alerts for trend changes: Kernel ATR Trend Up : Triggered when the ATR indicates a bullish trend. Kernel ATR Trend Down : Triggered when the ATR signals a bearish trend. These alerts ensure traders never miss important opportunities, providing timely notifications directly to their preferred device. Suggested Gamma Values The effectiveness of the gamma factor depends on the asset type and the selected kernel length: Low Volatility Assets (e.g., indices): Use a smaller gamma factor (approximately 0.05–0.1) for smoother trends. High Volatility Assets (e.g., crypto): Use a larger gamma factor (approximately 0.1–0.2) to capture sharper price movements. Experimentation : Fine-tune the gamma factor using backtests or visual comparisons to optimize for specific assets and strategies. Trading Applications The Radial Basis Kernel ATR is a versatile tool suitable for various trading styles and strategies: Trend Following : Use the smoothed ATR and dynamic bands to identify and follow trends with confidence. Reversal Trading : Spot potential reversals by observing interactions with dynamic ATR bands and moving average confluence. Volatility Analysis : Analyze market volatility to adjust risk management strategies or position sizing. Final Thoughts The Radial Basis Kernel ATR combines advanced mathematical techniques with the practical utility of ATR, offering traders a powerful and adaptive tool for volatility analysis and trend detection. Its ability to dynamically adjust to market conditions through the RBF kernel and gamma factor makes it a unique and indispensable part of any trader's toolkit. By combining sophisticated smoothing , dynamic bands , and customizable visualization , this indicator enhances the ability to read market conditions and make more informed trading decisions. As always, backtesting and incorporating it into a broader strategy are recommended for optimal results.
Pine Script™ indicator
by BackQuant
5
Comprehensive Volume and Metrics with Pre-Market Volume Data This script is designed for traders who want a detailed view of market activity, including regular market and pre-market volume, dollar volume, relative volume (RVOL), average daily range (ADR), average true range (ATR), relative strength index (RSI), and the QQQ’s percentage change. The script includes customizable metrics displayed in tables on the chart for easy analysis, with the option to toggle the visibility of each metric. Key Features: Volume and Dollar Volume: Displays the volume of shares traded during the current day (or pre-market, if enabled). Includes a calculation of dollar volume, representing the total dollar amount of trades (Volume × Close Price). Relative Volume (RVOL): Displays RVOL Day, which is the relative volume of the current day compared to the 2-day moving average. Shows RVOL 90D, indicating relative volume over the past 90 days. Both RVOL metrics are calculated as percentages and display the percentage change compared to the standard (100%). Pre-Market Data: Includes pre-market volume (PVOL) and pre-market dollar volume (P$ VOL) which are displayed only if pre-market data is enabled. Tracks volume and dollar volume during pre-market hours (4:00 AM to 9:30 AM Eastern Time) for more in-depth analysis. Optionally, shows pre-market RSI based on volume-weighted close prices. Average Daily Range (ADR): Displays the percentage change between the highest and lowest prices over the defined ADR period (default is 20 days). Average True Range (ATR): Shows the ATR, a popular volatility indicator, for a given period (default is 14 bars). RSI (Relative Strength Index): Displays RSI for the given period (default is 14). RSI is calculated using pre-market data when available. QQQ: Shows the percentage change of the QQQ ETF from the previous day’s close. The QQQ percentage change is color-coded: green for positive, red for negative, and gray for no change. Customizable Inputs: Visibility Options: Toggle the visibility of each metric, such as volume, dollar volume, RVOL, ADR, ATR, RSI, and QQQ. Pre-Market Data: Enable or disable the display of pre-market data for volume and dollar volume. Table Positioning: Adjust the position of tables displaying the metrics either at the bottom-left or bottom-right of the chart. Text Color and Table Background: Choose between white or black text for the tables and customize the background color. Tables: The script utilizes tables to display multiple metrics in an organized and easy-to-read format. The values are updated dynamically, reflecting real-time data as the market moves. Pre-Market Data: The script calculates pre-market volume and dollar volume, along with other key metrics like RSI and RVOL, to help assess market sentiment before the market officially opens. The pre-market data is accumulated from 4:00 AM to 9:30 AM ET, allowing for pre-market analysis and comparison to regular market hours. User-Friendly and Flexible: This script is designed to be highly customizable, giving you the ability to toggle which metrics to display and where they appear on the chart. You can easily focus on the data that matters most to your trading strategy.
Pine Script™ indicator
by tommyttcat
Trendilo ARTrendilo AR is a custom trading indicator designed to identify market trends using advanced techniques such as the Arnaud Legoux Moving Average (ALMA), volume confirmations, and dynamic volatility bands. This indicator provides a clear visualization of trends, including significant changes and custom alerts. Review of Indicators Used 1. ALMA Description: ALMA is a moving average that applies an advanced filter to smooth price data, reducing noise and focusing on actual trends. Usage in the Indicator: Used to calculate the smoothed percentage price change and determine trend direction. Customizable parameters include: - Length: Defines the number of bars to consider. - Offset: Adjusts sensitivity toward recent prices. - Sigma: Controls the degree of smoothing. Advantages: - Reduced lag in trend detection. - Resistance to market noise. 2. ATR Description: ATR measures the market’s average volatility by considering the range between high and low prices over a given period. Usage in the Indicator: ATR is used to calculate "dynamic smoothing", adjusting the indicator’s sensitivity based on current market volatility. Advantages: - Adapts to high or low volatility conditions. - Helps define dynamic support and resistance levels. 3. SMA Description: SMA calculates the average of prices or volume over a specific time period. Usage in the Indicator: Used to calculate the volume moving average (Volume SMA) to confirm whether the current volume supports the detected trend. Advantages: - Easy to understand and calculate. - Provides volume-based trend confirmation. 4. RMS Bands Description: RMS Bands calculate the standard deviation of percentage price changes, creating upper and lower levels that act as overbought and oversold indicators. Usage in the Indicator: - Define the range within which the market is considered neutral. - Crosses above or below the bands indicate trend changes. Advantages: - Visual identification of strong trends. - Helps filter false signals. Colors and Visuals Used in the Indicator 1. ALMA Line Colors: - Green: Indicates a confirmed uptrend (with sufficient volume). - Red: Indicates a confirmed downtrend (with sufficient volume). - Gray: Indicates a neutral phase or insufficient volume to confirm a trend. 2. RMS Bands - Upper and Lower Lines: - Purple (with transparency): These lines represent the RMS bands (upper and lower) and adjust opacity based on trend strength. - Stronger trends result in less transparency (more solid colors). 3. Highlighted Background (Strong Trends) - Color: - Light Green (transparent): Highlights a strong trend when the smoothed percentage change (ALMA) exceeds 1.5 times the RMS. 4. Horizontal Lines - Baseline (0): - Dark Gray: Serves as a central reference to identify the directionality of percentage changes. - Additional Line (0.1): - Blue: A customizable line to mark user-defined key levels. 5. Bar Colors - Bar Colors: - Green: When the price is in a confirmed uptrend. - Red: When the price is in a confirmed downtrend. - No color: When there is insufficient volume or no clear trend. How to Use the Indicator 1. Initial Setup 1. Add the Indicator to Your Chart: Copy the code into the Pine Editor on TradingView and apply it to your chart. 2. Customize Parameters: Adjust values based on your trading strategy: - Smoothing: Controls the level of smoothing for percentage changes. - Lookback Length: Defines the observation period for calculations. - Band Multiplier: Adjusts the width of RMS bands. 2. Signal Interpretation 1. Indicator Colors: - Green: Confirmed uptrend. - Red: Confirmed downtrend. - Gray: No clear trend or insufficient volume. 2. RMS Bands: - If the ALMA line (smoothed percentage change) crosses above the upper RMS band, it signals a potential uptrend. - If it crosses below the lower RMS band, it signals a potential downtrend. 3. Volume Confirmation: - The indicator's color activates only if the current volume exceeds the Volume SMA. 3. Alerts and Decisions 1. Trend Change Alerts: - The indicator automatically triggers alerts when an uptrend or downtrend is detected. - Configure these alerts to receive real-time notifications. 2. Strong Trend Signals: - When the magnitude of the percentage change exceeds 1.5 times the RMS, the chart background highlights the strong trend. 4. Trading Strategies 1. Buy: - Enter long positions when: - The indicator turns green. - Volume confirms the trend. - Consider placing a stop-loss just below the lower RMS band. 2. Sell: - Enter short positions when: - The indicator turns red. - Volume confirms the trend. - Consider placing a stop-loss just above the upper RMS band. 3. Neutral: - Avoid trading when the indicator is gray, as no clear trend or insufficient volume is present. Disclaimer: As this is my first published indicator, please use it with caution. Feedback is highly appreciated to improve its performance. Happy Trading!
Pine Script™ indicator
by galvaroe
00 Averaging Down Backtest Strategy by RPAlawyer v21FOR EDUCATIONAL PURPOSES ONLY! THE CODE IS NOT YET FULLY DEVELOPED, BUT IT CAN PROVIDE INTERESTING DATA AND INSIGHTS IN ITS CURRENT STATE. This strategy is an 'averaging down' backtester strategy. The goal of averaging/doubling down is to buy more of an asset at a lower price to reduce your average entry price. This backtester code proves why you shouldn't do averaging down, but the code can be developed (and will be developed) further, and there might be settings even in its current form that prove that averaging down can be done effectively. Different averaging down strategies exist: - Linear/Fixed Amount: buy $1000 every time price drops 5% - Grid Trading: Placing orders at price levels, often with increasing size, like $1000 at -5%, $2000 at -10% - Martingale: doubling the position size with each new entry - Reverse Martingale: decreasing position size as price falls: $4000, then $2000, then $1000 - Percentage-Based: position size based on % of remaining capital, like 10% of available funds at each level - Dynamic/Adaptive: larger entries during high volatility, smaller during low - Logarithmic: position sizes increase logarithmically as price drops Unlike the above average costing strategies, it applies averaging down (I use DCA as a synonym) at a very strong trend reversal. So not at a certain predetermined percentage negative PNL % but at a trend reversal signaled by an indicator - hence it most closely resembles a dynamically moving grid DCA strategy. Both entering the trade and averaging down assume a strong trend. The signals for trend detection are provided by an indicator that I published under the name '00 Parabolic SAR Trend Following Signals by RPAlawyer', but any indicator that generates numeric signals of 1 and -1 for buy and sell signals can be used. The indicator must be connected to the strategy: in the strategy settings under 'External Source' you need to select '00 Parabolic SAR Trend Following Signals by RPAlawyer: Connector'. From this point, the strategy detects when the indicator generates buy and sell signals. The strategy considers a strong trend when a buy signal appears above a very conservative ATR band, or a sell signal below the ATR band. The conservative ATR is chosen to filter ranging markets. This very conservative ATR setting has a default multiplier of 8 and length of 40. The multiplier can be increased up to 10, but there will be very few buy and sell signals at that level and DCA requirements will be very high. Trade entry and DCA occur at these strong trends. In the settings, the 'ATR Filter' setting determines the entry condition (e.g., ATR Filter multiplier of 9), and the 'DCA ATR' determines when DCA will happen (e.g., DCA ATR multiplier of 6). The DCA levels and DCA amounts are determined as follows: The first DCA occurs below the DCA Base Deviation% level (see settings, default 3%) which acts as a threshold. The thick green line indicates the long position avg price, and the thin red line below the green line indicates the 3% DCA threshold for long positions. The thick red line indicates the short position avg price, and the thin red line above the thick red line indicates the short position 3% DCA threshold. DCA size multiplier defines the DCA amount invested. If the loss exceeds 3% AND a buy signal arrives below the lower ATR band for longs, or a sell signal arrives above the upper ATR band for shorts, then the first DCA will be executed. So the first DCA won't happen at 3%, rather 3% is a threshold where the additional condition is that the price must close above or below the ATR band (let's say the first DCA occured at 8%) – this is why the code resembles a dynamic grid strategy, where the grid moves such that alongside the first 3% threshold, a strong trend must also appear for DCA. At this point, the thick green/red line moves because the avg price is modified as a result of the DCA, and the thin red line indicating the next DCA level also moves. The next DCA level is determined by the first DCA level, meaning modified avg price plus an additional +8% + (3% * the Step Scale Multiplier in the settings). This next DCA level will be indicated by the modified thin red line, and the price must break through this level and again break through the ATR band for the second DCA to occur. Since all this wasn't complicated enough, and I was always obsessed by the idea that when we're sitting in an underwater position for days, doing DCA and waiting for the price to correct, we can actually enter a short position on the other side, on which we can realize profit (if the broker allows taking hedge positions, Binance allows this in Europe). This opposite position in this strategy can open from the point AFTER THE FIRST DCA OF THE BASE POSITION OCCURS. This base position first DCA actually indicates that the price has already moved against us significantly so time to earn some money on the other side. Breaking through the ATR band is also a condition for entry here, so the hedge position entry is not automatic, and the condition for further DCA is breaking through the DCA Base Deviation (default 3%) and breaking through the ATR band. So for the 'hedge' or rather opposite position, the entry and further DCA conditions are the same as for the base position. The hedge position avg price is indicated by a thick black line and the Next Hedge DCA Level is indicated by a thin black line. The TPs are indicated by green labels for base positions and red labels for hedge positions. No SL built into the strategy at this point but you are free to do your coding. Summary data can be found in the upper right corner. The fantastic trend reversal indicator Machine learning: Lorentzian Classification by jdehorty can be used as an external indicator, choose 'backtest stream' for the external source. The ATR Band multiplicators need to be reduced to 5-6 when using Lorentz. The code can be further developed in several aspects, and as I write this, I already have a few ideas 😊
Pine Script™ strategy
by RPAlawyer
1
ADR Table BY @ICT_YEROADR Table BY @ICT_YERO Created by: @ICT_YERO This custom indicator is designed to provide the Average Daily Range (ADR) for multiple timeframes, including Daily, 4-Hour, and 1-Hour. The indicator is tailored to assist traders in understanding price volatility and making informed trading decisions. Key Features Multi-Timeframe ADR Calculation: Automatically calculates and displays the ADR for Daily, 4-Hour, and 1-Hour timeframes. Helps traders identify potential price movement ranges for different trading sessions. Dynamic Range Visualization: Clear visual representation of the ADR on the chart, making it easy to spot price extremes. Real-time updates to reflect changes in price movement. Custom Alerts: Option to set alerts when the price approaches the ADR high or low. Useful for identifying potential reversal zones or breakout opportunities. User-Friendly Interface: Simple and intuitive settings to customize colors, levels, and display preferences. Seamlessly integrates with your existing TradingView setup. ICT-Inspired Methodology: Designed for traders who follow ICT concepts, focusing on precision and high-probability setups. Applications Range Trading: Helps determine the high and low boundaries for scalping or intraday setups. Volatility Analysis: Understand market behavior during different times of the day or week. Reversal Zones: Identify areas where price is likely to reverse, based on ADR extremes. Whether you're a scalper, day trader, or swing trader, this indicator provides a comprehensive overview of price volatility across multiple timeframes, making it an essential tool for your trading arsenal.
Pine Script™ indicator
by YERO_ICT
1
AI InfinityAI Infinity – Multidimensional Market Analysis Overview The AI Infinity indicator combines multiple analysis tools into a single solution. Alongside dynamic candle coloring based on MACD and Stochastic signals, it features Alligator lines, several RSI lines (including glow effects), and optionally enabled EMAs (20/50, 100, and 200). Every module is individually configurable, allowing traders to tailor the indicator to their personal style and strategy. Important Note (Disclaimer) This indicator is provided for educational and informational purposes only. It does not constitute financial or investment advice and offers no guarantee of profit. Each trader is responsible for their own trading decisions. Past performance does not guarantee future results. Please review the settings thoroughly and adjust them to your personal risk profile; consider supplementary analyses or professional guidance where appropriate. Functionality & Components 1. Candle Coloring (MACD & Stochastic) Objective: Provide an immediate visual snapshot of the market’s condition. Details: MACD Signal: Used to identify bullish and bearish momentum. Stochastic: Detects overbought and oversold zones. Color Modes: Offers both a simple (two-color) mode and a gradient mode. 2. Alligator Lines Objective: Assist with trend analysis and determining the market’s current phase. Details: Dynamic SMMA Lines (Jaw, Teeth, Lips) that adjust based on volatility and market conditions. Multiple Lengths: Each element uses a separate smoothing period (13, 8, 5). Transparency: You can show or hide each line independently. 3. RSI Lines & Glow Effects Objective: Display the RSI values directly on the price chart so critical levels (e.g., 20, 50, 80) remain visible at a glance. Details: RSI Scaling: The RSI is plotted in the chart window, eliminating the need to switch panels. Dynamic Transparency: A pulse effect indicates when the RSI is near critical thresholds. Glow Mode: Choose between “Direct Glow” or “Dynamic Transparency” (based on ATR distance). Custom RSI Length: Freely adjustable (default is 14). 4. Optional EMAs (20/50, 100, 200) Objective: Utilize moving averages for trend assessment and identifying potential support/resistance areas. Details: 20/50 EMA: Select which one to display via a dropdown menu. 100 EMA & 200 EMA: Independently enabled. Color Logic: Automatically green (price > EMA) or red (price < EMA). Each EMA’s up/down color is customizable. Configuration Options Candle Coloring: Choose between Gradient or Simple mode. Adjust the color scheme for bullish/bearish candles. Transparency is dynamically based on candle body size and Stochastic state. Alligator Lines: Toggle each line (Jaw/Teeth/Lips) on or off. Select individual colors for each line. RSI Section: RSI Length can be set as desired. RSI lines (0, 20, 50, 80, 100) with user-defined colors and transparency (pulse effect). Additional lines (e.g., RSI 40/60) are also available. Glow Effects: Switch between “Dynamic Transparency” (ATR-based) and “Direct Glow”. Independently applied to the RSI 100 and RSI 0 lines. EMAs (20/50, 100, 200): Activate each one as needed. Each EMA’s up/down color can be customized. Example Use Cases Trend Identification: Enable Alligator lines to gauge general trend direction through SMMA signals. Timing: Watch the Candle Colors to spot potential overbought or oversold conditions. Fine-Tuning: Utilize the RSI lines to closely monitor important thresholds (50 as a trend barometer, 80/20 as possible reversal zones). Filtering: Enable a 50 EMA to quickly see if the market is trading above (bullish) or below (bearish) it.
Pine Script™ indicator
by Jonny86FXPro
2