SynchroTrend Oscillator (STO) [PhenLabs]📊 SynchroTrend Oscillator
Version: PineScript™ v5
📌 Description
The SynchroTrend Oscillator (STO) is a multi-timeframe synchronization tool that combines trend information from three distinct timeframes into a single, easy-to-interpret oscillator ranging from -100 to +100.
This indicator solves the common problem of having to analyze multiple timeframe charts separately by consolidating trend direction and strength across different time horizons. The STO helps traders identify when markets are truly synchronized across timeframes, potentially indicating stronger trend conditions and higher probability trading opportunities.
Using either Moving Average crossovers or RSI analysis as the trend definition metric, the STO provides a comprehensive view of market structure that adapts to various trading strategies and market conditions.
🚀 Points of Innovation
Triple-timeframe synchronization in a single view eliminates chart switching
Dual trend detection methods (MA vs Price or RSI) for flexibility across different markets
Dynamic color intensity that automatically increases with signal strength
Scaled oscillator format (-100 to +100) for intuitive trend strength interpretation
Customizable signal thresholds to match your risk tolerance and trading style
Visual alerts when markets reach full synchronization states
🔧 Core Components
Trend Scoring System: Calculates a binary score (+1, -1, or 0) for each timeframe based on selected metrics, providing clear trend direction
Multi-Timeframe Synchronization: Combines and scales trend scores from all three timeframes into a single oscillator
Dynamic Visualization: Adjusts color transparency based on signal strength, creating an intuitive visual guide
Threshold System: Provides customizable levels for identifying potentially significant trading opportunities
🔥 Key Features
Triple Timeframe Analysis: Synchronizes three user-defined timeframes (default: 60min, 15min, 5min) into one view
Dual Trend Detection Methods: Choose between Moving Average vs Price or RSI-based trend determination
Adjustable Signal Smoothing: Apply EMA, SMA, or no smoothing to the oscillator output for your preferred signal responsiveness
Dynamic Color Intensity: Colors become more vibrant as signal strength increases, helping identify strongest setups
Customizable Thresholds: Set your own buy/sell threshold levels to match your trading strategy
Comprehensive Alerts: Six different alert conditions for crossing thresholds, zero line, and full synchronization states
🎨 Visualization
Oscillator Line: The main line showing the synchronized trend value from -100 to +100
Dynamic Fill: Area between oscillator and zero line changes transparency based on signal strength
Threshold Lines: Optional dotted lines indicating buy/sell thresholds for visual reference
Color Coding: Green for bullish synchronization, red for bearish synchronization
📖 Usage Guidelines
Timeframe Settings
Timeframe 1: Default: 60 (1 hour) - Primary higher timeframe for trend definition
Timeframe 2: Default: 15 (15 minutes) - Intermediate timeframe for trend definition
Timeframe 3: Default: 5 (5 minutes) - Lower timeframe for trend definition
Trend Calculation Settings
Trend Definition Metric: Default: “MA vs Price” - Method used to determine trend on each timeframe
MA Type: Default: EMA - Moving Average type when using MA vs Price method
MA Length: Default: 21 - Moving Average period when using MA vs Price method
RSI Length: Default: 14 - RSI period when using RSI method
RSI Source: Default: close - Price data source for RSI calculation
Oscillator Settings
Smoothing Type: Default: SMA - Applies smoothing to the final oscillator
Smoothing Length: Default: 5 - Period for the smoothing function
Visual & Threshold Settings
Up/Down Colors: Customize colors for bullish and bearish signals
Transparency Range: Control how transparency changes with signal strength
Line Width: Adjust oscillator line thickness
Buy/Sell Thresholds: Set levels for potential entry/exit signals
✅ Best Use Cases
Trend confirmation across multiple timeframes
Finding high-probability entry points when all timeframes align
Early detection of potential trend reversals
Filtering trade signals from other indicators
Market structure analysis
Identifying potential divergences between timeframes
⚠️ Limitations
Like all indicators, can produce false signals during choppy or ranging markets
Works best in trending market conditions
Should not be used in isolation for trading decisions
Past performance is not indicative of future results
May require different settings for different markets or instruments
💡 What Makes This Unique
Combines three timeframes in a single visualization without requiring multiple chart windows
Dynamic transparency feature that automatically emphasizes stronger signals
Flexible trend definition methods suitable for different market conditions
Visual system that makes multi-timeframe analysis intuitive and accessible
🔬 How It Works
1. Trend Evaluation:
For each timeframe, the indicator calculates a trend score (+1, -1, or 0) using either:
MA vs Price: Comparing close price to a moving average
RSI: Determining if RSI is above or below 50
2. Score Aggregation:
The three trend scores are combined and then scaled to a range of -100 to +100
A value of +100 indicates all timeframes show bullish conditions
A value of -100 indicates all timeframes show bearish conditions
Values in between indicate varying degrees of alignment
3. Signal Processing:
The raw oscillator value can be smoothed using EMA, SMA, or left unsmoothed
The final value determines line color, fill color, and transparency settings
Threshold levels are applied to identify potential trading opportunities
💡 Note:
The SynchroTrend Oscillator is most effective when used as part of a comprehensive trading strategy that includes proper risk management techniques. For best results, consider using the oscillator in conjunction with support/resistance levels, price action analysis, and other complementary indicators that align with your trading style.
Multi-timeframe
Triad Macro Gauge__________________________________________________________________________________
Introduction
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The Triad Macro Gauge (TMG) is designed to provide traders with a comprehensive view of the macroeconomic environment impacting financial markets. By synthesizing three critical market signals— VIX (volatility) , Credit Spreads (credit risk) , and the Stocks/Bonds Ratio (SPY/TLT) —this indicator offers a probabilistic assessment of market sentiment, helping traders identify bullish or bearish macro conditions.
Holistic Macro Analysis: Combines three distinct macroeconomic indicators for multi-dimensional insights.
Customization & Flexibility: Adjust weights, thresholds, lookback periods, and visualization styles.
Visual Clarity: Dynamic table, color-coded plots, and anomaly markers for quick interpretation.
Fully Consistent Scores: Identical values across all timeframes (4H, daily, weekly).
Actionable Signals: Clear bull/bear thresholds and volatility spike detection.
Optimized for timeframes ranging from 4 hour to 1 week , the TMG equips swing traders and long-term investors with a robust tool to navigate macroeconomic trends.
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Key Indicators
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VIX (CBOE:VIX): Measures market volatility (negatively weighted for bearish signals).
Credit Spreads (FRED:BAMLH0A0HYM2EY): Tracks high-yield bond spreads (negatively weighted).
Stocks/Bonds Ratio (SPY/TLT): Evaluates equity sentiment relative to treasuries (positively weighted).
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Originality and Purpose
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The TMG stands out by combining VIX, Credit Spreads, and SPY/TLT into a single, cohesive indicator. Its unique strength lies in its fully consistent scores across all timeframes, a critical feature for multi-timeframe analysis.
Purpose: To empower traders with a clear, actionable tool to:
Assess macro conditions
Spot market extremes
Anticipate reversals
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How It Works
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VIX Z-Score: Measures volatility deviations (inverted for bearish signals).
Credit Z-Score: Tracks credit spread deviations (inverted for bearish signals).
Ratio Z-Score: Assesses SPY/TLT strength (positively weighted for bullish signals).
TMG Score: Weighted composite of z-scores (bullish > +0.30, bearish < -0.30).
Anomaly Detection: Identifies extreme volatility spikes (z-score > 3.0).
All calculations are performed using daily data, ensuring that scores remain consistent across all chart timeframes.
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Visualization & Interpretation
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The script visualizes data through:
A dynamic table displaying TMG Score , VIX Z, Credit Z, Ratio Z, and Anomaly status, with color gradients (green for positive, red for negative, gray for neutral/N/A).
A plotted TMG Score in Area, Histogram, or Line mode , with adaptive opacity for clarity.
Bull/Bear thresholds as horizontal lines (+0.30/-0.30) to signal market conditions.
Anomaly markers (orange circles) for volatility spikes.
Crossover signals (triangles) for bull/bear threshold crossings.
The table provides an immediate snapshot of macro conditions, while the plot offers a visual trend analysis. All values are consistent across timeframes, simplifying multi-timeframe analysis.
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Script Parameters
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Extensive customization options:
Symbol Selection: Customize VIX, Credit Spreads, SPY, TLT symbols
Core Parameters: Adjust lookback periods, weights, smoothing
Anomaly Detection: Enable/disable with custom thresholds
Visual Style: Choose display modes and colors
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Conclusion
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The Triad Macro Gauge by Ox_kali is a cutting-edge tool for analyzing macroeconomic trends. By integrating VIX, Credit Spreads, and SPY/TLT, TMG provides traders with a clear, consistent, and actionable gauge of market sentiment.
Recommended for: Swing traders and long-term investors seeking to navigate macro-driven markets.
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Credit & Inspiration
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Special thanks to Caleb Franzen for his pioneering work on macroeconomic indicator blends – his research directly inspired the core framework of this tool.
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Notes & Disclaimer
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This is the initial public release (v2.5.9). Future updates may include additional features based on user feedback.
Please note that the Triad Macro Gauge is not a guarantee of future market performance and should be used with proper risk management. Past performance is not indicative of future results.
Visionary Insights (200 EMA on 1H + 20 EMA on 15m)How to use this script?
Open the 15 min chart and u will see the 200 EMA from the 1 hour chart and the 20 EMA of the 15 min chart
Trend Filter (1H Timeframe):
Price must be above the 200 EMA for a bullish setup
Price must be below the 200 EMA for a bearish setup
Entry Conditions (15m Timeframe):
Bullish:
Pullback to 20 EMA (close is near or below EMA 20)
RSI > 50
Bullish engulfing pattern
Bearish:
Pullback to 20 EMA (close is near or above EMA 20)
RSI < 50
Bearish engulfing pattern
Aurora Flow Oscillator [QuantAlgo]The Aurora Flow Oscillator is an advanced momentum-based technical indicator designed to identify market direction, momentum shifts, and potential reversal zones using adaptive filtering techniques. It visualizes price momentum through a dynamic oscillator that quantifies trend strength and direction, helping traders and investors recognize momentum shifts and trading opportunities across various timeframes and asset class.
🟢 Technical Foundation
The Aurora Flow Oscillator employs a sophisticated mathematical approach with adaptive momentum filtering to analyze market conditions, including:
Price-Based Momentum Calculation: Calculates logarithmic price changes to measure the rate and magnitude of market movement
Adaptive Momentum Filtering: Applies an advanced filtering algorithm to smooth momentum calculations while preserving important signals
Acceleration Analysis: Incorporates momentum acceleration to identify shifts in market direction before they become obvious
Signal Normalization: Automatically scales the oscillator output to a range between -100 and 100 for consistent interpretation across different market conditions
The indicator processes price data through multiple filtering stages, applying mathematical principles including exponential smoothing with adaptive coefficients. This creates an oscillator that dynamically adjusts to market volatility while maintaining responsiveness to genuine trend changes.
🟢 Key Features & Signals
1. Momentum Flow and Extreme Zone Identification
The oscillator presents market momentum through an intuitive visual display that clearly indicates both direction and strength:
Above Zero: Indicates positive momentum and potential bullish conditions
Below Zero: Indicates negative momentum and potential bearish conditions
Slope Direction: The angle and direction of the oscillator provide immediate insight into momentum strength
Zero Line Crossings: Signal potential trend changes and new directional momentum
The indicator also identifies potential overbought and oversold market conditions through extreme zone markings:
Upper Zone (>50): Indicates strong bullish momentum that may be approaching exhaustion
Lower Zone (<-50): Indicates strong bearish momentum that may be approaching exhaustion
Extreme Boundaries (±95): Mark potentially unsustainable momentum levels where reversals become increasingly likely
These zones are displayed with gradient intensity that increases as the oscillator moves toward extremes, helping traders and investors:
→ Identify potential reversal zones
→ Determine appropriate entry and exit points
→ Gauge overall market sentiment strength
2. Customizable Trading Style Presets
The Aurora Flow Oscillator offers pre-configured settings for different trading approaches:
Default (80,150): Balanced configuration suitable for most trading and investing situations.
Scalping (5,80): Highly responsive settings for ultra-short-term trades. Generates frequent signals and catches quick price movements. Best for 1-15min charts when making many trades per day.
Day Trading (8,120): Optimized for intraday movements with faster response than default settings while maintaining reasonable signal quality. Ideal for 5-60min or 4h-12h timeframes.
Swing Trading (10,200): Designed for multi-day positions with stronger noise filtering. Focuses on capturing larger price swings while avoiding minor fluctuations. Works best on 1-4h and daily charts.
Position Trading (14,250): For longer-term position traders/investors seeking significant market trends. Reduces false signals by heavily filtering market noise. Ideal for daily or even weekly charts.
Trend Following (16,300): Maximum smoothing that prioritizes established directional movements over short-term fluctuations. Best used on daily and weekly charts, but can also be used for lower timeframe trading.
Countertrend (7,100): Tuned to detect potential reversals and exhaustion points in trends. More sensitive to momentum shifts than other presets. Effective on 15min-4h charts, as well as daily and weekly charts.
Each preset automatically adjusts internal parameters for optimal performance in the selected trading context, providing flexibility across different market approaches without requiring complex manual configuration.
🟢 Practical Usage Tips
1/ Trend Analysis and Interpretation
→ Direction Assessment: Evaluate the oscillator's position relative to zero to determine underlying momentum bias
→ Momentum Strength: Measure the oscillator's distance from zero within the -100 to +100 range to quantify momentum magnitude
→ Trend Consistency: Monitor the oscillator's path for sustained directional movement without frequent zero-line crossings
→ Reversal Detection: Watch for oscillator divergence from price and deceleration of movement when approaching extreme zones
2/ Signal Generation Strategies
Depending on your trading approach, multiple signal strategies can be employed:
Trend Following Signals:
Enter long positions when the oscillator crosses above zero
Enter short positions when the oscillator crosses below zero
Add to positions on pullbacks while maintaining the overall trend direction
Countertrend Signals:
Look for potential reversals when the oscillator reaches extreme zones (±95)
Enter contrary positions when momentum shows signs of exhaustion
Use oscillator divergence with price as additional confirmation
Momentum Shift Signals:
Enter positions when oscillator changes direction after establishing a trend
Exit positions when oscillator direction reverses against your position
Scale position size based on oscillator strength percentage
3/ Timeframe Optimization
The indicator can be effectively applied across different timeframes with these considerations:
Lower Timeframes (1-15min):
Use Scalping or Day Trading presets
Focus on quick momentum shifts and zero-line crossings
Be cautious of noise in extreme market conditions
Medium Timeframes (30min-4h):
Use Default or Swing Trading presets
Look for established trends and potential reversal zones
Combine with support/resistance analysis for entry/exit precision
Higher Timeframes (Daily+):
Use Position Trading or Trend Following presets
Focus on major trend identification and long-term positioning
Use extreme zones for position management rather than immediate reversals
🟢 Pro Tips
Price Momentum Period:
→ Lower values (5-7) increase sensitivity to minor price fluctuations but capture more market noise
→ Higher values (10-16) emphasize sustained momentum shifts at the cost of delayed response
→ Adjust based on your timeframe (lower for shorter timeframes, higher for longer timeframes)
Oscillator Filter Period:
→ Lower values (80-120) produce more frequent directional changes and earlier response to momentum shifts
→ Higher values (200-300) filter out shorter-term fluctuations to highlight dominant market cycles
→ Match to your typical holding period (shorter holding time = lower filter values)
Multi-Timeframe Analysis:
→ Compare oscillator readings across different timeframes for confluence
→ Look for alignment between higher and lower timeframe signals
→ Use higher timeframe for trend direction, lower for earlier entries
Volatility-Adaptive Trading:
→ Use oscillator strength to adjust position sizing (stronger = larger)
→ Consider reducing exposure when oscillator reaches extreme zones
→ Implement tighter stops during periods of oscillator acceleration
Combination Strategies:
→ Pair with volume indicators for confirmation of momentum shifts
→ Use with support/resistance levels for strategic entry and exit points
→ Combine with volatility indicators for comprehensive market context
Money Flow Pulse💸 In markets where volatility is cheap and structure is noisy, what matters most isn’t just the move — it’s the effort behind it. Money Flow Pulse (MFP) offers a compact, color-coded readout of real-time conviction by scoring volume-weighted price action on a five-tier scale. It doesn’t try to predict reversals or validate trends. Instead, it reveals the quality of the move in progress: is it fading , driving , exhausting , or hollow ?
🎨 MFP draws from the traditional Money Flow Index (MFI), a volume-enhanced momentum oscillator, but transforms it into a modular “pressure readout” that fits seamlessly into any structural overlay. Rather than oscillating between extremes with little interpretive guidance, MFP discretizes the flow into clean, color-coded regimes ranging from strong inflow (+2) to strong outflow (–2). The result is a responsive diagnostic layer that complements, rather than competes with, tools like ATR and/or On-Balance Volume.
5️⃣ MFP uses a normalized MFI value smoothed over 13 periods and classified into a 5-tier readout of Volume-Driven Conviction :
🍆 Exhaustion Inflow — usually a top or blowoff; not strength, but overdrive (+2)
🥝 Active Inflow — supportive of trend continuation (+1)
🍋 Neutral — chop, coil, or fakeouts (0)
🍑 Selling Intent — weakening structure, possible fade setups (-1)
🍆 Exhaustion Outflow — often signals forced selling or accumulation traps (-2)
🎭 These tiers are not arbitrary. Each one is tuned to reflect real capital behavior across timeframes. For instance, while +1 may support continuation, +2 often precedes exhaustion — especially on the lower timeframes. Similarly, a –1 reading during a pullback suggests sell-side pressure is building, but a shift to –2 may mean capitulation is already underway. The difference between the two can define whether a move is tradable continuation or strategic exhaustion .
🌊 The MFI ROC (Rate of Change) feature can be toggled to become a volatility-aware pulse monitor beneath the derived MFI tier. Instead of scoring direction or structure, ROC reveals how fast conviction is changing — not just where it’s headed, but how hard it's accelerating or decaying. It measures the raw Δ between the current and previous MFI values, exposing bursts of energy, fading pressure, or transitional churn .
🎢 Visually, ROC appears as a low-opacity area fill, anchored to a shared lemon-yellow zero line. When the green swell rises, buying pressure is accelerating; when the red drops, flow is actively deteriorating. A subtle bump may signal early interest — while a steep wave hints at an emotional overreaction. The ROC value itself provides numeric insight alongside the raw MFI score. A reading of +3.50 implies strong upside momentum in the flow — often supporting trend ignition. A score of –6.00 suggests rapid deceleration or full exhaustion — often preceding reversals or failed breakouts.
・ MFI shows you where the flow is
・ ROC tells you how it’s behaving
😎 This blend reveals not just structure or intent — but also urgency . And in flow-based trading, urgency often precedes outcome.
🧩 Divergence isn’t delay — it’s disagreement . One of the most revealing features of MFP is how it exposes momentum dissonance — situations where price and flow part ways. These divergences often front-run pivots , traps , or velocity stalls . Unlike RSI-style divergence, which whispers of exhaustion, MFI divergence signals a breakdown in conviction. The structure may extend — but the effort isn’t there.
・ Price ▲ MFI ▼ → Effortless Markup : Often signals distribution or a grind into liquidity. Without rising MFI, the rally lacks true flow participation — a warning of fragility.
・ Price ▼ MFI ▲ → Absorption or Early Accumulation : Price breaks down, but money keeps flowing in — a hidden bid. Watch for MFI tier shifts or ROC bursts to confirm a reversal.
🏄♂️ These moments don’t require signal overlays or setup hunting. MFP narrates the imbalance. When price breaks structure but flow does not — or vice versa — you’re not seeing trend, you’re seeing disagreement, and that's where edge begins.
💤 MFP is especially effective on intraday charts where volume dislocations matter most. On the 1H or 15m chart, it helps distinguish between breakouts with conviction versus those lacking flow. On higher timeframes, its resolution softens — it becomes more of a drift indicator than a trigger device. That’s by design: MFP prioritizes pulse, not position. It’s not the fire, it’s the heat.
📎 Use MFP in confluence with structural overlays to validate price behavior. A ribbon expansion with rising MFP is real. A compression breakout without +1 flow is "fishy". Watch how MFP behaves near key zones like anchored VWAP, MAs or accumulation pivots. When MFP rises into a +2 and fails to sustain, the reversal isn’t just technical — it’s flow-based.
🪟 MFP doesn’t speak loudly, but it never whispers without reason. It’s the pulse check before action — the breath of the move before the breakout. While it stays visually minimal on the chart, the true power is in the often overlooked Data Window, where traders can read and interpret the score in real time. Once internalized, these values give structure-aware traders a framework for conviction, continuation, or caution.
🛜 MFP doesn’t chase momentum — it confirms conviction. And in markets defined by noise, that signal isn’t just helpful — it’s foundational.
CSCMultiTimeframeToolsLibrary "CSCMultiTimeframeTools"
Calculates instant higher timeframe values for higher timeframe analysis with zero lag.
getAdjustedLookback(current_tf_minutes, higher_tf_minutes, length)
Calculate adjusted lookback period for higher timeframe conversion.
Parameters:
current_tf_minutes (int) : Current chart timeframe in minutes (e.g., 5 for 5m).
higher_tf_minutes (int) : Target higher timeframe in minutes (e.g., 15 for 15m).
length (int) : Base length value (e.g., 14 for RSI/MFI).
Returns: Adjusted lookback period (length × multiplier).
Purpose and Benefits of the TimeframeTools Library
This library is designed to solve a critical pain point for traders who rely on higher timeframe (HTF) indicator values while analyzing lower timeframe (LTF) charts. Traditional methods require waiting for multiple candles to close—for example, to see a 1-hour RSI on a 5-minute chart, you’d need 12 closed candles (5m × 12 = 60m) before the value updates. This lag means missed opportunities, delayed signals, and inefficient decision-making.
Why Traders Need This
Whether you’re scalping (5M/15M) or swing trading (1H/4H), this library bridges the gap between timeframes, giving you HTF context in real time—so you can act faster, with confidence.
How This Library Eliminates the Waiting Game
By dynamically calculating the adjusted lookback period, the library allows:
Real-time HTF values on LTF charts – No waiting for candle closes.
Accurate conversions – A 14-period RSI on a 1-hour chart translates to 168 periods (14 × 12) on a 5-minute chart, ensuring mathematical precision.
Flexible application – Works with common indicators like RSI, MFI, CCI, and moving averages (though confirmations should be done before publishing under your own secondary use).
Key Advantages Over Manual Methods
Speed: Instantly reflects HTF values without waiting for candle resolutions.
Adaptability: Adjusts automatically if the user changes timeframes or lengths.
Consistency: Removes human error in manual period calculations.
Limitations to Note
Not a magic bullet – While it solves the lag issue, traders should still:
Validate signals with price action or additional confirmations.
Be mindful of extreme lookback lengths (e.g., a 200-period daily SMA on a 1-minute chart requires 28,800 periods, which may strain performance).
Multi-Timeframe Trend Analysis [BigBeluga]Multi-Timeframe Trend Analysis
A powerful trend-following dashboard designed to help traders monitor and compare trend direction across multiple higher timeframes. By analyzing EMA conditions from five customizable timeframes, this tool gives a clear visual breakdown of short- to long-term trend alignment.
🔵Key Features:
Multi-Timeframe EMA Dashboard:
➣ Displays a table in the top-right corner showing trend direction across 5 user-defined timeframes.
➣ Each row shows whether ema is rising or falling its corresponding EMA for that timeframe.
➣ Green arrows (🢁) indicate uptrends, purple arrows (🢃) signal downtrends.
Custom Timeframe Selection:
➣ Traders can input any 5 timeframes (e.g., 1h, 2h, 3h, etc.) with individual EMA lengths for flexible trend mapping.
➣ The tool auto-adjusts to match and align external timeframe EMAs to the current chart for seamless overlay.
Dynamic Chart Arrows:
➣ On-chart arrows mark when EMA rising or falling EMAs from the current chart timeframe.
➣ Each EMA arrows has a unique transparency level—shorter EMA arrows are more transparent, longer EMA arrows are more vivid. (Hover Mouse over the arrow to see which EMAs it is)
Gradient EMA Plotting:
➣ All five EMAs are plotted with gradually increasing opacity.
➣ Gradient fills between EMAs enhance visual structure, making it easier to track convergence/divergence.
🔵Usage:
Trend Confirmation: Use the dashboard to confirm multi-timeframe trend alignment before entering trades.
Entry Filtering: Avoid countertrend trades by spotting when higher timeframes disagree with the current one.
Momentum Insight: Track the transition of arrows from lighter to stronger opacity to visualize trend shifts over time.
Scalping or Swinging: Customize timeframes depending on your strategy—from intraday scalps to longer-term swings.
Multi-Timeframe Trend Analysis is the ultimate visual companion for traders who want clarity on how price behaves across multiple time horizons. With its smart EMA mapping and dashboard feedback, it keeps you aligned with dominant trend directions and transition zones at all times.
TTM Squeeze Momentum MTF [Cometreon]TTM Squeeze Momentum MTF combines the core logic of both the Squeeze Momentum by LazyBear and the TTM Squeeze by John Carter into a single, unified indicator. It offers a complete system to analyze the phase, direction, and strength of market movements.
Unlike the original versions, this indicator allows you to choose how to calculate the trend, select from 15 different types of moving averages, customize every parameter, and adapt the visual style to your trading preferences.
If you are looking for a powerful, flexible and highly configurable tool, this is the perfect choice for you.
🔷 New Features and Improvements
🟩 Unified System: Trend Detection + Visual Style
You can decide which logic to use for the trend via the "Show TTM Squeeze Trend" input:
✅ Enabled → Trend calculated using TTM Squeeze
❌ Disabled → Trend based on Squeeze Momentum
You can also customize the visual style of the indicator:
✅ Enable "Show Histogram" for a visual mode using Histogram, Area, or Column
❌ Disable it to display the classic LazyBear-style line
Everything updates automatically and dynamically based on your selection.
🟩 Full Customization
Every base parameter of the original indicator is now fully configurable: lengths, sources, moving average types, and more.
You can finally adapt the squeeze logic to your strategy — not the other way around.
🟩 Multi-MA Engine
Choose from 15 different Moving Averages for each part of the calculation:
SMA (Simple Moving Average)
EMA (Exponential Moving Average)
WMA (Weighted Moving Average)
RMA (Smoothed Moving Average)
HMA (Hull Moving Average)
JMA (Jurik Moving Average)
DEMA (Double Exponential Moving Average)
TEMA (Triple Exponential Moving Average)
LSMA (Least Squares Moving Average)
VWMA (Volume-Weighted Moving Average)
SMMA (Smoothed Moving Average)
KAMA (Kaufman’s Adaptive Moving Average)
ALMA (Arnaud Legoux Moving Average)
FRAMA (Fractal Adaptive Moving Average)
VIDYA (Variable Index Dynamic Average)
🟩 Dynamic Signal Line
Apply a moving average to the momentum for real-time cross signals, with full control over its length and type.
🟩 Multi-Timeframe & Multi-Ticker Support
You're no longer limited to the chart's current timeframe or ticker. Apply the squeeze to any symbol or timeframe without repainting.
🔷 Technical Details and Customizable Inputs
This indicator offers a fully modular structure with configurable parameters for every component:
1️⃣ Squeeze Momentum Settings – Choose the source, length, and type of moving average used to calculate the base momentum.
2️⃣ Trend Mode Selector – Toggle "Show TTM Squeeze Trend" to select the trend logic displayed on the chart:
✅ Enabled – Shows the trend based on TTM Squeeze (Bollinger Bands inside/outside Keltner Channel)
❌ Disabled – Displays the trend based on Squeeze Momentum logic
🔁 The moving average type for the Keltner Channel is handled automatically, so you don't need to select it manually, even if the custom input is disabled.
3️⃣ Signal Line – Toggle the Signal Line on the Squeeze Momentum. Select its length and MA type to generate visual cross signals.
4️⃣ Bollinger Bands – Configure the length, multiplier, source, and MA type used in the bands.
5️⃣ Keltner Channel – Adjust the length, multiplier, source, and MA type. You can also enable or disable the True Range option.
6️⃣ Advanced MA Parameters – Customize the parameters for advanced MAs (JMA, ALMA, FRAMA, VIDYA), including Phase, Power, Offset, Sigma, and Shift values.
7️⃣ Ticker & Input Source – Select the ticker and manage inputs for alternative chart types like Renko, Kagi, Line Break, and Point & Figure.
8️⃣ Style Settings – Choose how the squeeze is displayed:
Enable "Show Histogram" for Histogram, Area, or Column style
Disable it to show the classic LazyBear-style line
Use Reverse Color to invert line colors
Toggle Show Label to highlight Signal Line cross signals
Customize trend colors to suit your preferences
9️⃣ Multi-Timeframe Options - Timeframe – Use the squeeze on higher timeframes for stronger confirmation
🔟 Wait for Timeframe Closes -
✅ Enabled – Prevents multiple signals within the same candle
❌ Disabled – Displays the indicator smoothly without delay
🔧 Default Settings Reference
To replicate the default settings of the original indicators as they appear when first applied to the chart, use the following configurations:
🟩 TTM Squeeze (John Carter Style)
Squeeze
Length: 20
MA Type: SMA
Show TTM Squeeze Trend: Enabled
Bollinger Bands
Length: 20
Multiplier: 2.0
MA Type: SMA
Keltner Channel
Length: 20
Multiplier: 1.0
Use True Range: ON
MA Type: EMA
Style
Show Histogram: Enabled
Reverse Color: Enabled
🟩 Squeeze Momentum (LazyBear Style)
Squeeze
Length: 10
MA Type: SMA
Show TTM Squeeze Trend: Disabled
Bollinger Bands
Length: 20
Multiplier: 1.5
MA Type: SMA
Keltner Channel
Length: 10
Multiplier: 1.5
Use True Range: ON
MA Type: SMA
Style
Show Histogram: Disabled
Reverse Color: Disabled
⚠️ These values are intended as a starting point. The Cometreon indicator lets you fully customize every input to fit your trading style.
🔷 How to Use Squeeze Momentum Pro
🔍 Identifying Trends
Squeeze Momentum Pro supports two different methods for identifying the trend visually, each based on a distinct logic:
Squeeze Momentum Trend (LazyBear-style):
Displays 3 states based on the position of the Bollinger Bands relative to the Keltner Channel:
🔵 Blue = No Squeeze (BB outside KC and KC outside BB)
⚪️ White = Squeeze Active (BB fully inside KC)
⚫️ Gray = Neutral state (none of the above)
TTM Squeeze Trend (John Carter-style):
Calculates the difference in width between the Bollinger Bands and the Keltner Channel:
🟩 Green = BB width is greater than KC → potential expansion phase
🟥 Red = BB are tighter than KC → possible compression or pre-breakout
📈 Interpreting Signals
Depending on the active configuration, the indicator can provide various signals, including:
Trend color → Reflects the current compression/expansion state (based on selected mode)
Momentum value (above or below 0) → May indicate directional pressure
Signal Line cross → Can highlight momentum shifts
Color change in the momentum → May suggest a potential trend reversal
🛠 Integration with Other Tools
Squeeze Momentum Pro works well alongside other indicators to strengthen market context:
✅ Volume Profile / OBV – Helps confirm accumulation or distribution during squeezes
✅ RSI – Useful to detect divergence between momentum and price
✅ Moving Averages – Ideal for defining primary trend direction and filtering signals
☄️ If you find this indicator useful, leave a Boost to support its development!
Every piece of feedback helps improve the tool and deliver an even better trading experience.
🔥 Share your ideas or feature requests in the comments!
Open Price on Selected TimeframeIndicator Name: Open Price on Selected Timeframe
Short Title: Open Price mtf
Type: Technical Indicator
Description:
Open Price on Selected Timeframe is an indicator that displays the Open price of a specific timeframe on your chart, with the ability to dynamically change the color of the open price line based on the change between the current candle's open and the previous candle's open.
Selectable Timeframes: You can choose the timeframe you wish to monitor the Open price of candles, ranging from M1, M5, M15, H1, H4 to D1, and more.
Dynamic Color Change: The Open price line changes to green when the open price of the current candle is higher than the open price of the previous candle, and to red when the open price of the current candle is lower than the open price of the previous candle. This helps users quickly identify trends and market changes.
Features:
Easy Timeframe Selection: Instead of editing the code, users can select the desired timeframe from the TradingView interface via a dropdown.
Dynamic Color Change: The color of the Open price line changes automatically based on whether the open price of the current candle is higher or lower than the previous candle.
Easily Track Open Price Levels: The indicator plots a horizontal line at the Open price of the selected timeframe, making it easy for users to track this important price level.
How to Use:
Select the Timeframe: Users can choose the timeframe they want to track the Open price of the candles.
Interpret the Color Signal: When the open price of the current candle is higher than the open price of the previous candle, the Open price line is colored green, signaling an uptrend. When the open price of the current candle is lower than the open price of the previous candle, the Open price line turns red, signaling a downtrend.
Observe the Open Price Levels: The indicator will draw a horizontal line at the Open price level of the selected timeframe, allowing users to easily monitor this important price.
Benefits:
Enhanced Technical Analysis: The indicator allows you to quickly identify trends and market changes, making it easier to make trading decisions.
User-Friendly: No need to modify the code; simply select your preferred timeframe to start using the indicator.
Disclaimer:
This indicator is not a complete trading signal. It only provides information about the Open price and related trends. Users should combine it with other technical analysis tools to make more informed trading decisions.
Summary:
Open Price on Selected Timeframe is a simple yet powerful indicator that helps you track the Open price on various timeframes with the ability to change colors dynamically, providing a visual representation of the market's trend.
Enhanced Fuzzy SMA Analyzer (Multi-Output Proxy) [FibonacciFlux]EFzSMA: Decode Trend Quality, Conviction & Risk Beyond Simple Averages
Stop Relying on Lagging Averages Alone. Gain a Multi-Dimensional Edge.
The Challenge: Simple Moving Averages (SMAs) tell you where the price was , but they fail to capture the true quality, conviction, and sustainability of a trend. Relying solely on price crossing an average often leads to chasing weak moves, getting caught in choppy markets, or missing critical signs of trend exhaustion. Advanced traders need a more sophisticated lens to navigate complex market dynamics.
The Solution: Enhanced Fuzzy SMA Analyzer (EFzSMA)
EFzSMA is engineered to address these limitations head-on. It moves beyond simple price-average comparisons by employing a sophisticated Fuzzy Inference System (FIS) that intelligently integrates multiple critical market factors:
Price deviation from the SMA ( adaptively normalized for market volatility)
Momentum (Rate of Change - ROC)
Market Sentiment/Overheat (Relative Strength Index - RSI)
Market Volatility Context (Average True Range - ATR, optional)
Volume Dynamics (Volume relative to its MA, optional)
Instead of just a line on a chart, EFzSMA delivers a multi-dimensional assessment designed to give you deeper insights and a quantifiable edge.
Why EFzSMA? Gain Deeper Market Insights
EFzSMA empowers you to make more informed decisions by providing insights that simple averages cannot:
Assess True Trend Quality, Not Just Location: Is the price above the SMA simply because of a temporary spike, or is it supported by strong momentum, confirming volume, and stable volatility? EFzSMA's core fuzzyTrendScore (-1 to +1) evaluates the health of the trend, helping you distinguish robust moves from noise.
Quantify Signal Conviction: How reliable is the current trend signal? The Conviction Proxy (0 to 1) measures the internal consistency among the different market factors analyzed by the FIS. High conviction suggests factors are aligned, boosting confidence in the trend signal. Low conviction warns of conflicting signals, uncertainty, or potential consolidation – acting as a powerful filter against chasing weak moves.
// Simplified Concept: Conviction reflects agreement vs. conflict among fuzzy inputs
bullStrength = strength_SB + strength_WB
bearStrength = strength_SBe + strength_WBe
dominantStrength = max(bullStrength, bearStrength)
conflictingStrength = min(bullStrength, bearStrength) + strength_N
convictionProxy := (dominantStrength - conflictingStrength) / (dominantStrength + conflictingStrength + 1e-10)
// Modifiers (Volatility/Volume) applied...
Anticipate Potential Reversals: Trends don't last forever. The Reversal Risk Proxy (0 to 1) synthesizes multiple warning signs – like extreme RSI readings, surging volatility, or diverging volume – into a single, actionable metric. High reversal risk flags conditions often associated with trend exhaustion, providing early warnings to protect profits or consider counter-trend opportunities.
Adapt to Changing Market Regimes: Markets shift between high and low volatility. EFzSMA's unique Adaptive Deviation Normalization adjusts how it perceives price deviations based on recent market behavior (percentile rank). This ensures more consistent analysis whether the market is quiet or chaotic.
// Core Idea: Normalize deviation by recent volatility (percentile)
diff_abs_percentile = ta.percentile_linear_interpolation(abs(raw_diff), normLookback, percRank) + 1e-10
normalized_diff := raw_diff / diff_abs_percentile
// Fuzzy sets for 'normalized_diff' are thus adaptive to volatility
Integrate Complexity, Output Clarity: EFzSMA distills complex, multi-factor analysis into clear, interpretable outputs, helping you cut through market noise and focus on what truly matters for your decision-making process.
Interpreting the Multi-Dimensional Output
The true power of EFzSMA lies in analyzing its outputs together:
A high Trend Score (+0.8) is significant, but its reliability is amplified by high Conviction (0.9) and low Reversal Risk (0.2) . This indicates a strong, well-supported trend.
Conversely, the same high Trend Score (+0.8) coupled with low Conviction (0.3) and high Reversal Risk (0.7) signals caution – the trend might look strong superficially, but internal factors suggest weakness or impending exhaustion.
Use these combined insights to:
Filter Entry Signals: Require minimum Trend Score and Conviction levels.
Manage Risk: Consider reducing exposure or tightening stops when Reversal Risk climbs significantly, especially if Conviction drops.
Time Exits: Use rising Reversal Risk and falling Conviction as potential signals to take profits.
Identify Regime Shifts: Monitor how the relationship between the outputs changes over time.
Core Technology (Briefly)
EFzSMA leverages a Mamdani-style Fuzzy Inference System. Crisp inputs (normalized deviation, ROC, RSI, ATR%, Vol Ratio) are mapped to linguistic fuzzy sets ("Low", "High", "Positive", etc.). A rules engine evaluates combinations (e.g., "IF Deviation is LargePositive AND Momentum is StrongPositive THEN Trend is StrongBullish"). Modifiers based on Volatility and Volume context adjust rule strengths. Finally, the system aggregates these and defuzzifies them into the Trend Score, Conviction Proxy, and Reversal Risk Proxy. The key is the system's ability to handle ambiguity and combine multiple, potentially conflicting factors in a nuanced way, much like human expert reasoning.
Customization
While designed with robust defaults, EFzSMA offers granular control:
Adjust SMA, ROC, RSI, ATR, Volume MA lengths.
Fine-tune Normalization parameters (lookback, percentile). Note: Fuzzy set definitions for deviation are tuned for the normalized range.
Configure Volatility and Volume thresholds for fuzzy sets. Tuning these is crucial for specific assets/timeframes.
Toggle visual elements (Proxies, BG Color, Risk Shapes, Volatility-based Transparency).
Recommended Use & Caveats
EFzSMA is a sophisticated analytical tool, not a standalone "buy/sell" signal generator.
Use it to complement your existing strategy and analysis.
Always validate signals with price action, market structure, and other confirming factors.
Thorough backtesting and forward testing are essential to understand its behavior and tune parameters for your specific instruments and timeframes.
Fuzzy logic parameters (membership functions, rules) are based on general heuristics and may require optimization for specific market niches.
Disclaimer
Trading involves substantial risk. EFzSMA is provided for informational and analytical purposes only and does not constitute financial advice. No guarantee of profit is made or implied. Past performance is not indicative of future results. Use rigorous risk management practices.
Multi-Timeframe RPM Gauges with Custom Timeframes by DiGetIntroducing the **Multi-Timeframe RPM Gauges with Custom Timeframes + RSI Combos (mod) by DiGet** – a cutting-edge TradingView indicator meticulously crafted to revolutionize your market analysis.
Imagine having a dynamic dashboard right on your chart that consolidates the power of nine essential technical indicators—RSI, CCI, Stochastic, Williams %R, EMA crossover, Bollinger Bands, ATR, MACD, and Ichimoku Cloud—across multiple timeframes. This indicator not only displays each indicator’s score through an intuitive gauge system but also computes a combined metric to provide you with an at-a-glance understanding of market momentum and potential trend shifts.
**Key Features:**
- **Multi-Timeframe Insight:**
Configure up to four custom timeframes (e.g., 1, 5, 15, 60 minutes) to capture both short-term fluctuations and long-term trends, ensuring you never miss critical market moves.
- **Comprehensive Signal Suite:**
Benefit from a harmonious blend of signals. Whether you rely on momentum indicators like RSI and CCI, volatility measures like Bollinger Bands and ATR, or trend confirmations via EMA, MACD, and Ichimoku, every metric is normalized into actionable percentages.
- **Dynamic, Color-Coded Gauge Display:**
A built-in table presents all your data in a clear, color-coded format—green for bullish, red for bearish, and gray for neutral conditions. This visual representation allows you to quickly gauge market sentiment without sifting through complex charts.
- **Customizable Layout:**
Tailor your experience by toggling individual table columns. Whether you want to focus solely on RSI or dive deep into combined metrics like RSI & CCI or RSI & MACD, the choice is yours.
- **Optimized Utility Functions:**
Proprietary functions standardize indicator values into percentage scores, making it simpler than ever to compare different signals and spot opportunities in real time.
- **User-Friendly Interface:**
Designed for both beginners and seasoned traders, the straightforward input settings let you easily adjust technical parameters and timeframes to suit your personal trading strategy.
This indicator is not just a tool—it’s your new trading companion. It equips you with a multi-dimensional view of the market, enabling faster, more informed decision-making. Whether you’re scanning across various assets or drilling down on a single chart, the Multi-Timeframe RPM Gauges empower you to interpret market data with unprecedented clarity.
Add this indicator to your TradingView chart today and experience a smarter, more efficient way to navigate the markets. Join the community of traders who have elevated their analysis—and be ready to receive countless thanks as you transform your trading strategy!
Clean OHLC Lines | BaksPlots clean, non-repainting OHLC lines from higher timeframes onto your chart. Ideal for tracking key price levels (open, high, low, close) with precision and minimal clutter.
Core Functionality
Clean OHLC Lines = Historical Levels + Non-Repainting Logic
• Uses lookahead=on to anchor historical lines, ensuring no repainting.
• Displays OHLC lines for customizable timeframes (15min to Monthly).
• Optional candlestick boxes for visual context.
Key Features
• Multi-Timeframe OHLC:
Plot lines from 15min, 30min, 1H, 4H, Daily, Weekly, or Monthly timeframes.
• Non-Repainting Logic:
Historical lines remain static and never recalculate.
• Customizable Styles:
Adjust colors, line widths (1px-4px), and transparency for high/low/open/close lines.
• Candle Display:
Toggle candlestick boxes with bull/bear colors and adjustable borders.
• Past Lines Limit:
Control how many historical lines are displayed (1-500 bars).
User Inputs
• Timeframe:
Select the OHLC timeframe (e.g., "D" for daily).
• # Past Lines:
Limit historical lines to avoid overcrowding (default: 10).
• H/L Mode:
Draw high/low lines from the current or previous period.
• O/C Mode:
Anchor open/close lines to today’s open or yesterday’s close.
• Line Styles:
Customize colors, transparency, and styles (solid/dotted/dashed).
• Candle Display:
Toggle boxes/wicks and adjust bull/bear colors.
Important Notes
⚠️ Alignment:
• Monthly/weekly timeframes use fixed approximations (30d/7d).
• For accuracy, ensure your chart’s timeframe ≤ the selected OHLC timeframe (e.g., use 1H chart for daily lines).
⚠️ Performance:
• Reduce # Past Lines on low-end devices for smoother performance.
Risk Disclaimer
Trading involves risk. OHLC lines reflect historical price levels and do not predict future behavior. Use with other tools and risk management.
Open-Source Notice
This script is open-source under the Mozilla Public License 2.0. Modify or improve it freely, but republishing must follow TradingView’s House Rules.
📈 Happy trading!
Long-Only MTF EMA Cloud StrategyOverview:
The Long-Only EMA Cloud Strategy is a powerful trend-following strategy designed to help traders identify and capitalize on bullish market conditions. By utilizing an Exponential Moving Average (EMA) Cloud, this strategy provides clear and reliable signals for entering long positions when the market trend is favorable. The EMA cloud acts as a visual representation of the trend, making it easier for traders to make informed decisions. This strategy is ideal for traders who prefer to trade in the direction of the trend and focus exclusively on long positions.
Key Features:
EMA Cloud:
The strategy uses two EMAs (short and long) to create a dynamic cloud.
The cloud is bullish when the short EMA is above the long EMA, indicating a strong upward trend.
The cloud is bearish when the short EMA is below the long EMA, indicating a downward trend or consolidation.
Long Entry Signals:
A long position is opened when the EMA cloud turns bullish, which occurs when the short EMA crosses above the long EMA.
This crossover signals a potential shift in market sentiment from bearish to bullish, providing an opportunity to enter a long trade.
Adjustable Timeframe:
The EMA cloud can be calculated on the same timeframe as the chart or on a higher/lower timeframe for multi-timeframe analysis.
This flexibility allows traders to adapt the strategy to their preferred trading style and time horizon.
Risk Management:
The strategy includes adjustable stop loss and take profit levels to help traders manage risk and lock in profits.
Stop loss and take profit levels are calculated as a percentage of the entry price, ensuring consistency across different assets and market conditions.
Alerts:
Built-in alerts notify you when a long entry signal is generated, ensuring you never miss a trading opportunity.
Alerts can be customized to suit your preferences, providing real-time notifications for potential trades.
Visualization:
The EMA cloud is plotted on the chart, providing a clear visual representation of the trend.
Buy signals are marked with a green label below the price bar, making it easy to identify entry points.
How to Use:
Add the Script:
Add the script to your chart in TradingView.
Set EMA Lengths:
Adjust the Short EMA Length and Long EMA Length in the settings to suit your trading style.
For example, you might use a shorter EMA (e.g., 21) for more responsive signals or a longer EMA (e.g., 50) for smoother signals.
Choose EMA Cloud Resolution:
Select the EMA Cloud Resolution (timeframe) for the cloud calculation.
You can choose the same timeframe as the chart or a different timeframe (higher or lower) for multi-timeframe analysis.
Adjust Risk Management:
Set the Stop Loss (%) and Take Profit (%) levels according to your risk tolerance and trading goals.
For example, you might use a 1% stop loss and a 2% take profit for a 1:2 risk-reward ratio.
Enable Alerts:
Enable alerts to receive notifications for long entry signals.
Alerts can be configured to send notifications via email, SMS, or other preferred methods.
Monitor and Trade:
Monitor the chart for buy signals and execute trades accordingly.
Use the EMA cloud as a visual guide to confirm the trend direction before entering a trade.
Ideal For:
Trend-Following Traders: This strategy is perfect for traders who prefer to trade in the direction of the trend and capitalize on sustained price movements.
Long-Only Traders: If you prefer to focus exclusively on long positions, this strategy provides a clear and systematic approach to identifying bullish opportunities.
Multi-Timeframe Analysts: The adjustable EMA cloud resolution allows you to analyze trends across different timeframes, making it suitable for both short-term and long-term traders.
Risk-Averse Traders: The inclusion of stop loss and take profit levels helps manage risk and protect your capital.
Order Blocks-[B.Balaei]Order Blocks -
**Description:**
The Order Blocks - indicator is a powerful tool designed to identify and visualize Order Blocks on your chart. Order Blocks are key levels where significant buying or selling activity has occurred, often acting as support or resistance zones. This indicator supports multiple timeframes (MTF), allowing you to analyze Order Blocks from higher timeframes directly on your current chart.
**Key Features:**
1. **Multi-Timeframe Support**: Choose any timeframe (e.g., Daily, Weekly) to display Order Blocks from higher timeframes.
2. **Customizable Sensitivity**: Adjust the sensitivity to detect more or fewer Order Blocks based on market conditions.
3. **Bullish & Bearish Order Blocks**: Clearly distinguishes between bullish (green) and bearish (red) Order Blocks.
4. **Alerts**: Get notified when price enters a Bullish or Bearish Order Block zone.
5. **Customizable Colors**: Personalize the appearance of Order Blocks to match your chart style.
**How to Use:**
1. Add the indicator to your chart.
2. Select your desired timeframe from the "Multi-Timeframe" settings.
3. Adjust the sensitivity and colors as needed.
4. Watch for Order Blocks to form and use them as potential support/resistance levels.
**Ideal For:**
- Swing traders and position traders looking for key levels.
- Traders who use multi-timeframe analysis.
- Anyone interested in understanding market structure through Order Blocks.
**Note:**
This indicator is for educational and informational purposes only. Always conduct your own analysis before making trading decisions.
**Enjoy trading with Order Blocks - !**
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.
Multi-Asset & TF RSI
Multi-Asset & TF RSI
This indicator allows you to compare the Relative Strength Index (RSI) values of two different assets across multiple timeframes in a single pane. It’s ideal for traders who wish to monitor momentum across different markets or instruments simultaneously.
Key Features:
Primary Asset RSI:
The indicator automatically calculates the RSI for the chart’s asset. You can adjust the timeframe for this asset using a dropdown that offers standard TradingView timeframes, a "Chart" option (which syncs with your current chart timeframe), or a "Custom" option where you can enter any timeframe.
Optional Second Asset RSI:
Enable the “Display Second Asset” option to compare another asset’s RSI. Simply select the symbol (default is “DXY”) and choose its timeframe from an identical dropdown. When enabled, the second asset’s RSI is computed and plotted for easy comparison.
RSI Settings:
Customize the RSI length and choose the data source (e.g., close price) to suit your trading strategy.
Visual Aids:
Overbought (70) and oversold (30) levels are clearly marked, along with a midline at 50. These visual cues help you quickly assess market conditions.
Asset Information Table:
A dynamic table at the top of the pane displays the symbols being analysed – the chart’s asset as the “1st” asset and, if enabled, the second asset as the “2nd.”
How to Use:
Apply the Indicator:
Add the indicator to your chart. By default, it will calculate the RSI for the chart’s current asset using your chart’s timeframe.
Adjust Primary Asset Settings:
Use the “Main Asset Timeframe” dropdown to choose the timeframe for the RSI calculation on the chart asset. Select “Chart” to automatically match your current chart’s timeframe or choose a preset/custom timeframe.
Enable and Configure the Second Asset:
Toggle the “Display Second Asset” option to enable the second asset’s RSI. Select the asset symbol and its desired timeframe using the provided dropdown. The RSI for the second asset will be plotted if enabled.
Monitor the RSI Values:
Observe the plotted RSI lines along with the overbought/oversold levels. Use the table at the top-centre of the pane to verify which asset symbols are being displayed.
This versatile tool is designed to support multi-asset analysis and can be a valuable addition to your technical analysis toolkit. Enjoy enhanced RSI comparison across markets and timeframes!
Happy Trading!
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.
EMA/SMA Ribbon Pro (AUTO HTF + Labels)This indicator is a multi-timeframe (MTF) moving average ribbon that dynamically adjusts to the next highest timeframe. It provides a visual representation of market trends by stacking multiple EMAs and SMAs with customizable color fills and labels.
Features
✅ Multi-Timeframe (MTF) Support: Automatically detects the next highest time frame or allows for manual selection
✅ Customizable Moving Averages: Supports EMA and SMA with different lengths for flexible configuration
✅ Ribbon Visualization: Smooth color transitions between different moving averages for better trend identification
✅ Crossover Labels: Detects bullish and bearish EMA/SMA crossovers and marks them on the chart
✅ Price Labels & Timeframe Display: Displays moving average values to the right of the price axis with customizable label padding and colors
How It Works
Select the HTF mode: Manual or automatic
Choose EMA/SMA lengths to create different ribbons
Enable/disable price labels for each moving average
Customize colors and transparency for ribbons and labels
Crossover labels appear when faster moving averages cross slower ones and vice versa
Use Cases
📌 Trend Identification: Identify bullish and bearish trends using multiple EMAs and SMAs
📌 Support & Resistance Zones: MAs can act as dynamic support and resistance levels
📌 Reversal & Confirmation Signals: Watch for MTF crossovers to confirm trend changes
Customization
🔹 Standard EMA Lengths: 6, 8, 13, 21, 34, 48, 100, 200, 300, 400
🔹 SMA Lengths: 48, 100, 200
🔹 Color Adjustments: Set custom colors for bullish/bearish ribbons
🔹 Crossovers: Enable/disable custom crossover pairs (e.g., 100/200 EMA, 200 EMA/SMA).
This indicator is perfect for traders who rely on multi-timeframe confluence while seeking to enhance their market analysis and decision-making process.
As always, by combining EMA/SMA Ribbon with other tools, traders ensure that they are not relying on a single indicator. This layered approach can reduce the likelihood of false signals and improve overall trading accuracy.
As always, be sure to use any indicator with price action and volume indicators for better trade confirmation!
Price Level Multi Timeframe [Snowdex]Price Level Multi-Timeframe Indicator
This indicator visualizes important price levels from multiple timeframes (e.g., daily, weekly, monthly) directly on the chart. It helps traders identify significant support and resistance levels for better decision-making.
Features:
Displays price levels for multiple timeframes: daily (1D), weekly (1W), monthly (1M), quarterly (3M), semi-annual (6M), and yearly (12M).
Customizable options to show or hide levels and adjust their colors.
Highlights high, low, and close levels of each timeframe with labels and dotted lines.
Includes options to extend levels visually for better clarity.
Benefits:
Easily compare price levels across timeframes.
Enhance technical analysis with multi-timeframe insights.
Identify key areas of support and resistance dynamically.
Power Trend [MacAlgo]Description:
The Power Trend Indicator is a sophisticated technical analysis tool that overlays on your trading charts to identify prevailing market trends. It utilizes a combination of ATR-based trend calculations, moving averages, volume analysis, and momentum indicators to generate reliable buy and sell signals. Additionally, it offers customizable settings to adapt to various trading styles and timeframes.
Key Features:
Adaptive ATR Calculation: Automatically adjusts the ATR (Average True Range) period and multiplier based on the selected timeframe for more accurate trend detection.
Dynamic Trend Lines: Plots continuous trend lines with color-coded bars to visually represent bullish and bearish trends.
Buy/Sell Signals: Generates standard and power buy/sell signals to help you make informed trading decisions.
Volume Analysis: Incorporates average buy and sell volumes to identify strong market movements.
Multiple Timeframe Support: Automatically adjusts the indicator's timeframe or allows for manual selection to suit your trading preferences.
Highlighting: Highlights trending bars for easy visualization of market conditions.
Alerts: Customizable alert conditions to notify you of potential trading opportunities in real-time.
How it Works:
1. ATR-Based Trend Calculation:
ATR Period & Multiplier: Calculates ATR based on user-defined periods and multipliers, dynamically adjusting according to the chart's timeframe.
Trend Determination: Identifies trends as bullish (1) or bearish (-1) based on price movements relative to ATR-based upper (up) and lower (dn) trend lines.
2. Moving Averages:
EMA & SMA: Calculates exponential and simple moving averages to smooth price data and identify underlying trends.
AlphaTrend Line: Combines a 50-period EMA and a 30-period SMA on a 4-hour timeframe to create the AlphaTrend line, providing a robust trend reference.
3. Volume Analysis:
Buy/Sell Volume: Differentiates between buy and sell volumes to gauge market strength.
Average Volume: Compares current volume against average buy/sell volumes to detect significant market movements.
4. Momentum Indicators:
RSI, MACD, OBV: Incorporates Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), and On-Balance Volume (OBV) to assess momentum and confirm trend strength.
5. Signal Generation:
Standard Signals: Basic buy and sell signals based on trend crossovers.
Power Signals: Enhanced signals requiring multiple conditions (e.g., increased volume, momentum confirmation) for higher confidence trades.
Customization Options:
Tailor the Power Trend Indicator to your specific trading needs with the following settings:
ATR Period: Set the period for ATR calculation (default: 8).
ATR Multiplier: Adjust the ATR multiplier to fine-tune trend sensitivity (default: 3.0).
Source: Choose the price source (e.g., HL2, Close) for calculations.
Change ATR Calculation Method: Toggle between different ATR calculation methods.
Show Buy/Sell Signals: Enable or disable the display of buy and sell signals on the chart.
Highlighting: Turn on or off the bar highlighting feature.
Timeframe Adjustment: Choose between automatic timeframe adjustment or manually set
the indicator's timeframe.
Manual Indicator Timeframe: If manual adjustment is selected, specify the desired timeframe (default: 60 minutes).
Visual Components:
Trend Lines: Continuous lines representing the current trend, color-coded for easy identification (green for bullish, red for bearish, orange for neutral).
Bar Coloring: Bars are colored based on the current trend and its relationship to the AlphaTrend line.
Buy/Sell Triangles: Triangular markers appear on the chart to indicate buy and sell signals.
Power Signals: Larger triangles highlight strong buy and sell opportunities based on multiple confirming factors.
Highlighting: Transparent overlays highlight trending areas to enhance visual clarity.
Alerts:
Stay informed with customizable alerts that notify you of important market movements:
SuperTrend Buy/Sell: Alerts when standard buy or sell signals are generated.
Power Buy/Sell Alerts: Notifications for strong buy or sell signals based on comprehensive conditions.
Trend Direction Change: Alerts when the trend changes from bullish to bearish or vice versa.
How to Use:
Add to Chart: Apply the Power Trend Indicator to your preferred trading chart on TradingView.
Configure Settings: Adjust the input parameters to match your trading style and the timeframe you are analyzing.
Analyze Trends: Observe the trend lines, bar colors, and AlphaTrend line to understand the current market trend.
Follow Signals: Look for buy and sell signals or power signals to identify potential entry and exit points.
Set Alerts: Enable alerts to receive real-time notifications of significant trading opportunities.
Adjust as Needed: Fine-tune the settings based on market conditions and your trading experience.
Important Notes:
Backtesting: While the Power Trend Indicator is built using robust technical analysis principles, it's essential to backtest and validate its performance within your trading strategy.
Market Conditions: The indicator performs best in trending markets. In sideways or highly volatile markets, signal reliability may vary.
Risk Management: Always employ proper risk management techniques when trading based on indicator signals to protect your capital.
Disclaimer:
This indicator is intended for educational purposes only and does not provide financial advice or guarantee future performance. Trading involves risk, and past results are not indicative of future outcomes. Always conduct your own analysis and risk management.
Percent Change HistogramThis indicator shows you percent changes in a super visual way using a color-coded histogram.
Here's how the colors work:
🟩 Dark green = percent change is growing stronger
🟢 Light green = still positive but losing steam
🟥 Dark red = getting more negative
🔴 Light red = negative but improving
The cool part? You can set any lookback period you want. For example:
24 periods on 1H chart = last 24 hours
30 periods on daily = last month
7 periods on daily = last week
Pro tip: You're not locked to your chart's timeframe! Want to see monthly changes while trading on 5min?
No problem.
You can even stack multiple indicators to watch different intervals simultaneously (daily, weekly, monthly) - super helpful for multi-timeframe analysis.
Perfect for spotting momentum shifts across different timeframes without switching between charts.
TVMC - Composite Indicator with Technical RatingsDescription:
The TVMC (Trend, Volume, Momentum, Composite) indicator is a powerful multi-component tool designed to provide traders with a comprehensive understanding of market conditions. By combining four essential technical analysis components—trend, momentum, volume, and volatility—this indicator offers clear and actionable insights to assist in decision-making.
Key Features:
1. Trend Component (TC):
* Based on MACD (Moving Average Convergence Divergence), this component analyzes the relationship between two exponential moving averages (fast and slow) to determine the prevailing market trend.
* The MACD signal is normalized to a range of -1 to +1 for consistency and clarity.
2. Momentum Component (MC):
* Utilizes RSI (Relative Strength Index) to measure the strength and speed of price movements.
* This component highlights overbought or oversold conditions, which may indicate potential market reversals.
3. Volume Confirmation (VC):
* Compares the current trading volume to its moving average over a specified period.
* High volume relative to the average confirms the validity of the current trend.
4. Volatility Filter (VF):
* Uses ATR (Average True Range) to gauge market volatility.
* Adjusts and smooths signals to reduce noise during periods of high volatility.
5. Technical Ratings Integration:
* Incorporates TradingView’s Technical Ratings, allowing users to validate signals using moving averages, oscillators, or a combination of both.
* Users can choose their preferred source of ratings for enhanced signal confirmation.
How It Works:
The TVMC indicator combines the weighted contributions of the Trend, Momentum, and Volume components, further refined by the Volatility Filter. Each component plays a specific role:
* Trend: Identifies whether the market is bullish, bearish, or neutral.
* Momentum: Highlights the strength of price action.
* Volume: Confirms whether the current price action is supported by sufficient trading activity.
* Volatility: Filters out excessive noise in volatile market conditions, providing a smoother and more reliable output.
Visualization:
1. Bullish Signals:
* The indicator line turns green and remains above the zero line, indicating upward momentum.
2. Bearish Signals:
* The indicator line turns red and falls below the zero line, signaling downward momentum.
3. Neutral Signals:
* The line is orange and stays near zero, indicating a lack of strong trend or momentum.
4. Zones:
* Horizontal lines at +30 and -30 mark strong bullish and bearish zones, respectively.
* A zero line is included for clear separation between bullish and bearish signals.
Recommended Usage:
* Best Timeframes: The indicator is optimized for higher timeframes such as 4-hour (H4) and daily (D1) charts.
* Trading Style: Suitable for swing and positional trading.
* Customization: The indicator allows users to adjust all major parameters (e.g., MACD, RSI, volume, and ATR settings) to fit their trading preferences.
Customization Options:
* Adjustable weights for Trend, Momentum, and Volume components.
* Fully configurable settings for MACD, RSI, Volume SMA, and ATR periods.
* Timeframe selection for multi-timeframe analysis.
Important Notes:
1. Originality: The TVMC indicator combines multiple analysis methods into a unique framework. It does not replicate or minimally modify existing indicators.
2. Transparency: The description is detailed enough for users to understand the methodology without requiring access to the code.
3. Clarity: The indicator is explained in a way that is accessible even to users unfamiliar with complex technical analysis tools.
Compliance with TradingView Rules:
* The indicator is written in Pine Script version 5, adhering to TradingView’s language standards.
* The description is written in English to ensure accessibility to the global community, with a clear explanation of all components and functionality.
* No promotional content, links, or unrelated references are included.
* The chart accompanying the indicator is clean and demonstrates its intended use clearly, with no additional indicators unless explicitly explained.
Enhanced Cumulative Volume Delta + MAThe Enhanced Cumulative Volume Delta (CVD) indicator is designed to help traders analyze the cumulative buying and selling pressure in the market by examining the delta between the up and down volume. By tracking this metric, traders can gain insights into the strength of a trend and potential reversals. This indicator uses advanced volume analysis combined with customizable moving averages to provide a more detailed view of market dynamics.
How to Use This Indicator:
Volume Delta Visualization:
The indicator plots the cumulative volume delta (CVD) using color-coded candles, where teal represents positive delta (buying pressure) and soft red represents negative delta (selling pressure).
Moving Averages:
Use the moving averages to smooth the CVD data and identify long-term trends. You can choose between SMA and EMA for each of the three available moving averages. The first and third moving averages are typically used for short-term and long-term trend analysis, respectively, while the second moving average can serve as a medium-term filter.
Arrow Markers:
The indicator will display arrows (green triangle up for crossing above, red triangle down for crossing below) when the CVD volume crosses the 3rd moving average. You can control the visibility of these arrows through the input parameters.
Volume Data:
The indicator provides error handling in case no volume data is available for the selected symbol, ensuring that you're not misled by incomplete data.
Practical Applications:
Trend Confirmation: Use the CVD and moving averages to confirm the overall trend direction and strength. Positive delta and a rising CVD can confirm an uptrend, while negative delta and a falling CVD indicate a downtrend.
Volume Breakouts: The arrows marking when the CVD crosses the 3rd moving average can help you spot potential volume breakouts or reversals, making them useful for entry or exit signals.
Volume Divergence: Pay attention to divergences between price and CVD, as these can often signal potential trend reversals or weakening momentum.
