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RSI von JanCertainly! Here's a shorter version of the explanation: ### RSI Indicator Overview: This script calculates the **Relative Strength Index (RSI)** and overlays an **EMA55** on the RSI. It also visually highlights overbought and oversold conditions. 1. **RSI Calculation**: - The RSI is calculated based on average gains and losses over a defined period (default is 14). - It uses `ta.rma()` to smooth the gains and losses. 2. **Color Changes**: - The RSI line is **red** when the RSI is above 71 (overbought), **green** when it's below 29 (oversold), and **blue** for neutral values between 29 and 71. - The color also adjusts based on whether the RSI is rising or falling. 3. **Bands**: - Horizontal lines at **70** and **30** mark the overbought and oversold levels. - A shaded purple area fills between these levels. 4. **EMA55**: - A 55-period **Exponential Moving Average (EMA)** is plotted on the RSI to show longer-term trends. ### Summary: - **RSI > 70**: Overbought, potential for a reversal. - **RSI < 30**: Oversold, potential buying opportunity. - **EMA55** helps identify longer-term trends. This script provides a clear visual representation of the RSI with color-coded conditions and an EMA for trend analysis.
Pine Script™ indicator
by BTCBombie
Trend Bend"Trend Bend" Indicator - Recognizing a Change in Trend "Trend Bend" is an indicator created for easy visualization of trends and their change through the crossover of two moving averages (Moving Averages - MAs). This indicator helps traders determine market direction and possible trend reversals using a simple yet effective method. Basic Script Functions and Logic Pair Moving Averages: Fast MA with a default length of 10 and Slow MA with a length of 30. The fast moving average follows the current price more closely, while the slow moving average smooths out the trend. Crossing between the two indicates a change in trend direction. Lengths can be changed according to the user's preferences and trading style. Trend Reversal Signals: When the fast moving average crosses the slow moving average from the bottom up, an "UP" signal is displayed - indicating a possible uptrend. When the fast moving average crosses the slow moving average from top to bottom, a "DOWN" signal is displayed - indicating a potential downtrend.
Pine Script™ indicator
by Kokadze
Quantum Trend IndicatorThis algorithm, named "Quantum Trend Indicator," is designed to generate trading signals based on a mix of indicators like RSI, Stochastic RSI, volatility (using standard deviation), and a Z-score filter. Here’s a breakdown of the components: 1. RSI Calculation: Calculates the Relative Strength Index (RSI) of the closing price using a specified length (rsiLength). RSI is a momentum oscillator that measures the speed and change of price movements. 2. Stochastic RSI: A stochastic RSI is calculated from the RSI values, essentially a second layer of smoothing that is often more sensitive to price changes. The code uses %K (fast) and %D (slow) components to smooth the Stochastic RSI, providing pivot signals based on crossovers: stochRsiPivotUp: Signals a potential reversal to the upside. stochRsiPivotDown: Signals a potential reversal to the downside. 3. Volatility Calculation: Calculates volatility using the standard deviation of the closing prices over a set volatilityLength. Standard deviation measures how spread out the prices are, giving an idea of the current price volatility. 4. Z-Score Calculation: Computes the Z-score of the closing prices to see how far current prices are from their mean, normalized by volatility. The Z-score helps identify rare price movements, indicating potential reversals when the value is extreme (either high or low). 5. Filtering Stages: Stage 1: Uses Stochastic RSI pivots to detect initial reversal signals. Stage 2: Uses volatility and the Z-score to ensure the signal is generated during high-volatility periods with significant price movements. - signalUp: Generated when conditions indicate an upward reversal. - signalDown: Generated for a potential downward reversal. 6. Signal Generation: If all conditions for signalUp or signalDown are met, a "Buy" or "Sell" signal is shown on the chart. Suggested Optimal Settings for S&P 500 Index on 3-Minute Timeframe rsiLength (RSI Length): Optimal Range: 8 to 14. Recommendation: A shorter rsiLength (8–10) would make RSI more responsive on a 3-minute timeframe for S&P 500, helping to catch fast price movements. stochRsiLength (Stochastic RSI Length): Optimal Range: 8 to 14. Recommendation: A length similar to the rsiLength (e.g., 8 or 10) will keep Stochastic RSI sensitive enough for shorter timeframes like 3 minutes. stochRsiK (%K Period for Stochastic RSI): Optimal Range: 3 to 5. Recommendation: stochRsiK around 3 provides smoother Stochastic RSI values, with less noise on short timeframes. stochRsiD (%D Period for Stochastic RSI): Optimal Range: 3 to 5. Recommendation: Use a period around 3 for stochRsiD to complement the sensitivity of %K while still filtering out excessive noise. volatilityLength (Volatility Calculation Length): Optimal Range: 14 to 20. Recommendation: Around 14 to 16 works well on shorter timeframes, as it captures recent volatility trends without excessive lag. sigmaMultiplier (Sigma Multiplier for Volatility Filter): Optimal Range: 1.5 to 2.5. Recommendation: A multiplier of around 1.8 to 2.2 strikes a balance, highlighting significant moves without over-filtering. zScoreThreshold (Threshold for Signal Validity): Optimal Range: 1.5 to 2.0. Recommendation: A threshold of around 1.8 generally provides enough sensitivity while filtering out minor price swings, especially on a high-liquidity asset like the S&P 500.
Pine Script™ indicator
by vlmgd
CE-2min [DailyPanda]Overview The CE-2min strategy is a complete trading system. It is designed to work on lower timeframes and includes a filter to ensure it works on specific assets. This list will change as I conduct more tests and discover the best values and recommendations for each asset. If you want to test it on a specific asset, feel free to leave a comment. It integrates multiple technical indicators and advanced risk management techniques to provide traders with systematic entry and exit signals. The strategy aims to capitalize on short-term market trends while minimizing risk through adjustable parameters and robust safeguards. How the Components Work 1. Technical Indicators Exponential Moving Averages (EMAs): Utilizes EMAs with periods of 9, 20, 50, 72, and 200 to identify short-term and long-term market trends. Simple Moving Averages (SMAs): Incorporates SMAs with periods of 200 and 500 to detect significant support and resistance levels. Zero-Lagged Simple Moving Average (ZLSMA): Employs ZLSMA to reduce lag in moving averages, providing more timely signals for trend direction. 2. Entry Filters ZLSMA Filter: Trades are initiated only when the price is above the ZLSMA and the ZLSMA is trending upwards, indicating bullish momentum. 200 MA Zone Filter: Avoids trading when the price is within the zone between the EMA 200 and SMA 200 to prevent trades during uncertain market conditions. 3. Average True Range (ATR) Calculations ATR for Stop Loss: Calculates stop-loss levels based on ATR to adapt to market volatility. ATR-Based Partial Exits: Allows partial profit-taking when the price moves a certain ATR distance, securing gains in volatile markets. 4. Risk Management Position Sizing: Offers options for fixed position sizes or sizes based on account equity. Maximum Stop Loss Distance: Limits the maximum distance for stop-loss orders to control potential losses. Maximum Daily Drawdown: Implements a cap on daily losses as a percentage of equity to preserve capital. Daily Profit Goal: Optionally halts trading after achieving a specified profit target for the day. 5. Partial Exit Strategies Price-Based Partial Exits: Executes partial exits after the price moves a predefined number of points in favor of the trade. Dynamic Adjustments: Modifies partial exit strategies based on additional indicators like EMA alignment to optimize profit-taking. 6. Performance Tracking Monthly Performance Table: Generates a table displaying monthly and yearly performance metrics for comprehensive analysis. Trade Statistics: Provides insights into the number of trades executed, commissions paid, and the ratio of commissions to net profit. ---------------------------------------------------------------------------------------------- Originality and Value Added to the Community The CE-2min strategy stands out by combining traditional technical analysis with advanced concepts like the Zero-Lagged Simple Moving Average. Its unique approach to entry and exit filtering minimizes lag and enhances the timing of trades. The strategy's flexibility in risk management and position sizing allows traders to tailor it to their specific needs. By integrating detailed performance tracking and customizable parameters, it empowers traders to make data-driven decisions. The strategy adds value to the trading community by providing a robust framework that can adapt to various market conditions while prioritizing capital preservation. ---------------------------------------------------------------------------------------------- How to Use the Strategy 1. Selecting Symbols Apply the strategy to one of the supported symbols: WIN , SPX500 --> more will be added. 2. Configuring Inputs Trading Hours Start Trading Hour: Set the hour to begin trading (default is 9). Stop Trading Hour: Set the hour to stop trading (default is 14). ----------------------------- | Position Size Settings | ----------------------------- Position Size Method: Fixed: Trades a constant number of contracts or shares. Based on Capital: Adjusts the position size based on account equity. Fixed Position Size: If using a fixed size, specify the number of units (default is 10). Based on Capital Value: If sizing based on capital, set the divisor for equity to determine position size (e.g., Equity / 1000). Partial Exit Settings Enable Partial Exits: Toggle to enable or disable partial profit-taking. Points for Partial Exit: Set the number of points the price must move to trigger a partial exit (default is 180). ATR-Based Partial Exits: Enable to allow partial exits based on ATR distances. ATR Distance for Partial Exit: Set the ATR multiple that triggers a partial exit (default is 200). Risk Management Maximum Stop Loss Distance: Specify the maximum allowable stop-loss distance in points (default is 230). Maximum Daily Drawdown (%): Set the maximum daily loss as a percentage of equity (default is 3%). Enable Daily Profit Goal: Optionally stop trading after reaching a profit target. Daily Profit Goal (%): Set the profit percentage at which to halt trading for the day (default is 4%). Moving Averages Display Toggle the display of various EMAs and SMAs for visual analysis: EMA 9, EMA 20, EMA 50, EMA 72, EMA 200 SMA 200, SMA 500 Entry Filters Use ZLSMA Filter: Enable to require price above a rising ZLSMA for trade entries. Avoid Trading Near 200 MA Zone: Enable to skip trades when price is near the 200-period MA zone. 3. Applying the Strategy Add to Chart: Apply the strategy to your chart on the TradingView platform. Customize Settings: Adjust input parameters according to your trading plan. Monitor Signals: Observe entry and exit signals generated on the chart. Review Performance: Use the built-in performance table to assess historical results. 4. Interpreting Signals Long Entries: Occur when all entry conditions are met, signaling a potential upward move. Partial Exits: Automatically executed based on your settings to secure partial profits. Stop Losses: Placed according to ATR calculations and your specified maximum distance. 5. Risk Management Position Monitoring: Keep an eye on open positions and adjust as necessary. Adjust Parameters: Modify risk management settings to align with your risk tolerance. Backtesting: Utilize TradingView's backtesting feature to evaluate strategy performance over historical data. ---------------------------------------------------------------------------------------------- Important Notes Testing: Before deploying the strategy in a live trading environment, thoroughly test it using paper trading or backtesting to ensure it meets your expectations. Customization: Feel free to adjust the parameters to better suit different market conditions or personal trading styles. Education: Understanding how each component works will enhance your ability to make informed decisions and adapt the strategy as needed.
Pine Script™ strategy
by DailyPanda
SystemAlpha MIXEsse indicador foi criado para ajudar a identificar facilmente quando um ativo (como ações ou criptomoedas) está em uma tendência de alta e quando essa tendência está prestes a terminar. Ele funciona da seguinte forma: Identificação da Tendência de Alta: O indicador usa uma combinação de médias móveis e o índice de força relativa (RSI) para verificar se o ativo está subindo de forma consistente. Quando detecta uma tendência de alta, ele marca no gráfico um alerta visual abaixo do preço, mostrando que o ativo está em alta. Sinal de Fim da Tendência: Quando a tendência de alta mostra sinais de enfraquecimento, o indicador avisa que a alta pode estar acabando. Neste momento, ele coloca um alerta visual acima do preço, indicando um possível fim da subida. Médias Móveis e Bandas de Bollinger: As linhas coloridas no gráfico representam médias móveis de diferentes períodos (10, 50 e 200), que ajudam a visualizar a direção geral do ativo. As Bandas de Bollinger, que envolvem o preço, mostram se o ativo está "espremido" (com pouca oscilação) ou se está se movendo com mais força. Supertrend: Esse recurso dá suporte adicional para entender se o preço ainda está em alta ou se pode estar revertendo. Este indicador é ideal para quem deseja visualizar rapidamente as tendências de alta e evitar ficar posicionado quando a alta acaba. É útil tanto para quem faz operações rápidas quanto para quem quer acompanhar o movimento de um ativo ao longo de um período maior.
Pine Script™ indicator
by jonathanfermag
Black RSI (Multi Symbol RSI)📌 GENERAL OVERVIEW Black RSI (Multi Symbol RSI) is an indicator with multiple-RSI (multi-symbol support), It is a powerful indicator designed for analyzing the relative strength of multiple financial instruments within a single chart. This indicator essentially combines multiple instances of the Relative Strength Index (RSI) for different symbols, allowing traders to compare and contrast market conditions for a broader, simultaneous analysis of various assets. By tracking RSI across multiple assets, traders can identify broader market trends, and sector rotations, or pinpoint relative strengths and weaknesses among different instruments. Please check the below sections for details. Black RSI (Multi Symbol RSI) Indicator Features Summary: + Multiple RSI with multi-symbol ◢ This indicator plots Primary+3 multiple RSI for multiple symbols at once. For instance, it could simultaneously show the RSI of indices (e.g., SPX, NASDAQ) or stocks within a sector, providing insights into how these assets are moving relative to one another. + Custom Divergence Module ◢ It allows the user to select the divergence source among the multiple RSI (Primary, 1st, 2nd or 3rd RSI) and displays regular/hidden bullish/bearish divergence for selected RSI only. + Custom RSI Moving Average/BBs ◢ It allows the user to select the RSI moving average/BBs source among the multiple RSI (Primary, 1st, 2nd or 3rd RSI) and displays moving average/BBs for selected RSI only. + Alert Triggers ◢ The indicator can incorporate alert functions that notify the user when an RSI threshold (e.g., overbought or oversold levels) is crossed for any of the selected symbols. 📌HOW TO USE IT Confirm Trends Across Symbols: Use the indicator to confirm trends across multiple assets. For example, if most symbols within a sector or index are showing RSI levels above 50, it may indicate a bullish trend in that sector. Conversely, if most RSIs are below 50, it may signal bearish sentiment. Spot Divergences: Look for RSI divergences across symbols, which can hint at potential reversals. For instance, if most symbols show declining RSI levels while a few have increasing RSI, it could indicate relative strength in those few, making them candidates for closer watch. Identify Overbought/Oversold Conditions: By observing the RSI levels of multiple symbols, you can identify when certain assets are overbought (typically RSI > 70) or oversold (typically RSI < 30). When multiple assets show similar RSI levels, this can indicate broader market sentiment or sector momentum. Sector Rotation Analysis: In longer-term trading or portfolio rebalancing, a Multi-RSI Multi-Symbol indicator can help detect sector rotation patterns by showing which sectors are gaining strength (higher RSI) and which are weakening, facilitating informed sectoral shifts. Use in Conjunction with Other Indicators: The Multi-RSI can serve as a supporting indicator alongside trend indicators like Moving Averages or Bollinger Bands, helping to confirm entry and exit points. For example, if a symbol’s RSI shows an overbought condition and it aligns with a resistance level from a Moving Average, this could strengthen a sell signal. Customization: Customize the settings to match your trading style. For instance, day traders might prefer a shorter RSI period and timeframes, while swing traders may benefit from longer timeframes and smoother RSI. ⚙️Black RSI (Multi Symbol RSI) SETTINGS Black RSI (Multi) Dashboard ◢ + 1st RSI: Enable/Disable 1st RSI + 2nd RSI: Enable/Disable 2nd RSI + 3rd RSI: Enable/Disable 3rd RSI RSI Primary Tools ◢ + RSI Moving Average/Bollinger Bands: Enable/Disable RSI Moving Average/Bollinger Bands + Smooth RSI: Enable/Disable Smooth RSI (for Primary RSI) + RSI Divergence: Enable/Disable Divergence for user-selected RSI RSI Secondary Tools ◢ + RSI OB/OS Color Bars: Enable/Disable RSI OB/OS Color Bars for user-selected RSI + RSI OB/OS Highlights: Enable/Disable OB/OS Highlights for user-selected RSI + Background: Enable/Disable RSI Background + Primary RSI Settings ▾ - Override Primary RSI Symbol: Allows the user to select the symbol for Primary RSI - Primary RSI Length: User input primary RSI length value - Primary RSI Source: User primary RSI source selection - RSI Line Thickness: User input line thickness value for primary RSI - Primary RSI Colors: - OB/OS Highlights: Enable/Disable OB/OS Primary RSI Highlights - RSI Overbought Threshold: The user can set the RSI overbought threshold value. This Overbought Threshold value will also be applied to All RSI (Primary, 1st, 2nd, 3rd) and "RSI Divergence overbought condition" and "RSI OB/OS Highlights" - RSI Oversold Threshold: The user can set the RSI oversold threshold value. The lower band (oversold line) of RSI. This Oversold Threshold value will also be applied to All RSI (Primary, 1st, 2nd, 3rd) and "RSI Divergence oversold condition" and "RSI OB/OS Highlights" + 1st RSI Settings ▾ - Override 1st RSI Symbol: Allows the user to select the symbol for 1st RSI - 1st RSI Length: User input 1st RSI length value - 1st RSI Source: User 1st RSI source selection - RSI Line Thickness: User input line thickness value for 1st RSI - 1st RSI Colors: - OB/OS Highlights: Enable/Disable OB/OS 1st RSI Highlights + 2nd RSI Settings ▾ - Override 2nd RSI Symbol: Allows the user to select the symbol for 2nd RSI - 2nd RSI Length: User input 2nd RSI length value - 2nd RSI Source: User 2nd RSI source selection - RSI Line Thickness: User input line thickness value for 2nd RSI - 2nd RSI Colors: - OB/OS Highlights: Enable/Disable OB/OS 2nd RSI Highlights + 3rd RSI Settings ▾ - Override 3rd RSI Symbol: Allows the user to select the symbol for 3rd RSI - 3rd RSI Length: User input 3rd RSI length value - 3rd RSI Source: User 3rd RSI source selection - RSI Line Thickness: User input line thickness value for 3rd RSI - 3rd RSI Colors: - OB/OS Highlights: Enable/Disable OB/OS 3rd RSI Highlights + RSI Bands & Threshold Settings ▾ - RSI Middle Band: Allows the user to plot optional RSI band on the RSI Oscillator - RSI Bullish Band: Allows the user to plot optional RSI band on the RSI Oscillator - RSI Bearish Band: Allows the user to plot optional RSI band on the RSI Oscillator + Primary RSI Smooth Settings ▾ - Type: The user selected Smooth MA type for Primary RSI. With RSI Smooth enabled, it will also affect Primary RSI Divergences detection (all divergences will be plotted according to the "Smoothed RSI line") - Length: User input Smooth MA length value for Primary RSI + RSI Moving Average Settings ▾ - MA/BB RSI Source: Allows the user to MA/BB source selection - MA/BB Enable/Disable: Allows the user to select Moving average only, BBs only or Both to display on the RSI Oscillator - RSI Moving Average Colors: Allows the user to select Bullish/Bearish colours of RSI Moving Average - RSI Moving Average Type: Allows the user to select RSI MA Type - RSI Moving Average Length: User input RSI MA length value - RSI Moving Average Thickness: User input RSI MA thickness - Bollinger Bands Colors: Allows the user to select BBs colours - BB StdDev: user input Bollinger Bands standard deviation value + RSI Divergence Settings ▾ - Divergence RSI source: User selection of divergence source . - Divergence source: User selection of divergence source . "oscillator" (divergence detection with high/low or close of RSI), "price" (divergence detection with high/low or close of price) - Bull price source: User selection of Bull price source. Bull price source: "Low" (low of price divergence detection), "Close" (close of price divergence detection) (linked to "price" in "Divergence source") - Bear price source: User selection of Bear price source. Bear price source: "High" (high of price divergence detection), "Close" (close of price divergence detection) (linked to "price" in "Divergence source") - Low/High left bars: How many candles to compare on the left side of a candle when deciding whether it is a pivot. The lower the number is, the earlier pivots (and therefore divergences) will be signalled, but the quality of those detections could be lower. - Low/High right bars: How many candles to compare on the right side of a candle when deciding whether it is a pivot. The lower the number is, the earlier pivots (and therefore divergences) will be signalled, but the quality of those detections could be lower. - Maximum lookback bars: The maximum length of a divergence (number of bars). If a detected divergence is longer than this, it will be discarded. - Price threshold: User selection of Price threshold, higher values more lines - RSI threshold: User selection of RSI threshold, higher values more lines - Show Lows: Displays lows of RSI - Show Highs: Displays highs of RSI - Show Divergence as: - Line Style: - Line thickness: User input divergence line thickness value - Label Transparency: it could reduce label mess on the oscillator line, input "100" for label text only without label background - Labels Text Color: User label text colour selection Auto Text Color > Auto colour change of label text according to Dark/Light chart theme - Bull Divergences: Enable/Disable of Bull divergences > Color: User selection of Bull divergence color > Potential Bull: It will plot potential regular bull divergence with a dotted line. - Bear Divergences: Enable/Disable of Bear divergences > Color: User selection of Bear divergence color > Potential Bear: It will plot potential regular bear divergence with a dotted line. - Hidden Bull Div: Enable/Disable of Hidden Bull divergences > Color: User selection of Hidden Bull divergence colour > Potential H.Bull: It will plot potential hidden bull divergence with a dotted line. - Hidden Bear Div: Enable/Disable of Hidden Bear divergences > Color: User selection of Hidden Bear divergence colour > Hidden Bear divergence: It will plot potential hidden bear divergence with a dotted line. > Regular Bull oversold only: It will show Regular Bullish RSI divergences in the oversold zone only, RSI oversold threshold can be configured in the "Primary RSI Settings" section. > Regular Bear overbought only: It will show Regular Bearish RSI divergences in the overbought zone only, RSI overbought threshold can be configured in the "Primary RSI Settings" section. + RSI OB/OS Colored Bars Settings▾ - OB/OS Bar RSI Source: User selection of OB/OS Bars RSI source . - Overbought Bar Color: User RSI OB Bars colour selection - Oversold Bar Color: User RSI OS Bars colour selection + Overbought/Oversold Highlights ▾ - OB/OS Highlights RSI Source: User selection of OB/OS Highlights RSI source . - Overbought Highlights : Enable/Disable Overbought Highlights - Oversold Highlights : Enable/Disable Oversold Highlights - Transparency: Gradient transparency of highlighted area + RSI Line & Label Settings ▾ - Show Symbol label: Enable/Disable each RSI symbol label. - RSI line offset: Shifts the RSI to the left or the right on the given number of bars, Default is 0 + Background Setting ▾ - Custom Background Color: User selection of Background color Feedback & Bug Report If you find any bugs in this indicator or have any suggestions, please let me know. Please give feedback & appreciate it if you like to see more future updates and indicators. Thank you
Pine Script™ indicator
by NabeelBlack
Auto Support Resistance Confluence Zone(Demand Supply,Liquidity)Auto Support Resistance Confluence Zone (Demand Supply, Liquidity, Sideways, Stop Loss & Hidden Levels) This indicator is an all-in-one toolkit based on price action, Fibonacci ratios, and quantitative analysis, designed to identify Support/Resistance areas, Supply and Demand zones, Trendlines, Liquidity Zones, and Sideways Markets. It marks confluence zones at market open, providing high-accuracy insights for various markets, especially indices like NIFTY, BANKNIFTY, and commodities like Crude Oil and Natural Gas. Key Features: 1)Complete Market Structure Coverage: Detects Reversal, Breakout, and Sideways zones, offering guidance for trading decisions across different market phases. 2)Built-In Stop Loss & Target Logic: Automates Stop Loss and Target levels based on price action, supporting systematic risk management. 3)Leading Indicator with Market Opening Levels: Provides actionable levels from the start, making it useful for scalping and intraday strategies. 4)Noise-Reduced Levels: Helps reduce chart clutter, focusing on high-probability trade areas. 5)Consistent Across Timeframes: Levels apply across timeframes (1 min, 5 min, 15 min), adaptable for various trading styles. 6)Minimizes Overtrading: Focuses on high-probability zones to limit trade frequency. How It Works: Support/Resistance Zones: Designed to hold price and offer areas for potential bounce and reversal trades. Breakout Detection: Identifies both true and false breakouts to support trend-trading opportunities. Sideways Market Detection: Helps to identify low-volatility zones, avoiding entries in choppy conditions. This indicator is intended to support market analysis across multiple asset classes, offering clear confluence areas and setups to guide trade decision-making. Disclaimer: Please remember that past performance may not be indicative of future results. Due to various factors, including changing market conditions, the strategy may not perform as well as in historical backtesting. My scripts/indicators/ideas/algos/systems are for learning purposes only. The information provided does not constitute financial advice. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual’s trading does not guarantee future results or returns. Decisions should be based solely on an evaluation of one’s financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Pine Script™ indicator
by finvestalgo
1
WaveRiderWaveRider: WaveRider: Ride the Waves of Market Momentum WaveRider isn't just an indicator; it's your personal guide to navigating the ebb and flow of market trends. This powerful tool combines cutting-edge technical analysis with an intuitive visual interface to empower traders of all levels. Here's how WaveRider can elevate your trading: • Effortless Trend Identification: WaveRider's core strength lies in its ability to clearly identify and visualize market trends. Its sophisticated algorithm analyzes price action and momentum, providing a clear picture of prevailing market direction. • Adaptive Moving Averages: WaveRider employs a dynamic suite of adaptive moving averages that adjust to changing market volatility. This ensures accurate trend identification even in the most turbulent conditions. • Guppy T3 Support and Resistance: Identify key support and resistance zones with WaveRider's integrated Guppy T3 indicator. This helps you anticipate potential price reversals and make informed trading decisions. • SuperTrend Entry Signals: Capitalize on trending markets with WaveRider's SuperTrend entry signals. These signals pinpoint optimal entry points, allowing you to ride the waves of momentum with confidence. • Integrated Risk Management: WaveRider incorporates essential risk management tools, including stop-loss and take-profit levels. This helps you protect your capital while maximizing potential gains. • Intuitive Visual Guidance: WaveRider's visually rich interface provides a clear and concise representation of market dynamics. Its color-coded signals and trend lines make it easy to interpret market movements at a glance. WaveRider is more than just an indicator; it's your trading compass. It empowers you to confidently navigate the markets, identify high-probability trades, and manage risk effectively. With WaveRider by your side, you can ride the waves of market momentum and achieve your trading goals.
Pine Script™ indicator
by buylow32
PATHFINDER, V1.1 [LITE]Pathfinder LITE info: Pathfinder LITE: Streamlined Trading Powerhouse Pathfinder LITE distills the core essence of successful trading into a compact, yet incredibly powerful package. It's designed for traders who prioritize efficiency and clarity, offering a streamlined approach to navigating the markets. Here's what sets Pathfinder LITE apart: • Effortless Precision: Pathfinder LITE cuts through the noise, focusing on what truly matters: precise entries and exits. Its refined algorithm pinpoints high-probability trading opportunities, allowing you to act decisively and confidently. • Simplified Take-Profit: Secure your profits with ease. Pathfinder LITE's take-profit mechanism is designed for simplicity and effectiveness, ensuring you capture gains without unnecessary complexity. • Adaptive Market Response: Pathfinder LITE adapts to changing market dynamics, adjusting its entry and exit signals to maintain optimal performance in various conditions. • Lightweight and Agile: With its concise codebase, Pathfinder LITE operates with exceptional speed and agility. This translates to faster execution and quicker responses to market shifts. • Accessible to All: Pathfinder LITE's user-friendly design makes it accessible to traders of all skill levels. Whether you're a beginner or a seasoned veteran, you'll appreciate its straightforward approach. Pathfinder LITE is the embodiment of "less is more" in trading. It strips away unnecessary complexity, delivering a focused and powerful trading solution. If you value efficiency, precision, and a clear trading approach, Pathfinder LITE is your ideal companion
Pine Script™ strategy
by buylow32
PATHFINDER, V1.6 [PRO]Pathfinder PRO 13.3: The Trader's Ultimate Weapon Pathfinder PRO 13.3 isn't just another trading code; it's a meticulously crafted masterpiece designed to empower traders of all levels. This isn't about flashy features or the latest AI trends; it's about pure, unadulterated trading power. This is our quintessential creation designed to give you the edge needed to be a highly successful trader. Here's what makes Pathfinder PRO 13.3 a game-changer: Intuitive and Powerful: Pathfinder PRO 13.3 seamlessly integrates advanced trading concepts into a user-friendly interface. Whether you're a seasoned pro or just starting, you'll find its intuitive design makes navigating the markets a breeze. Precision Entry and Exit: The code employs a sophisticated algorithm that identifies optimal entry and exit points with laser precision. No more second-guessing or missed opportunities. Pathfinder PRO 13.3 takes the guesswork out of trading, allowing you to capitalize on market movements with confidence. Dynamic Trailing Take-Profit: Pathfinder PRO 13.3 doesn't just secure profits; it maximizes them. Its dynamic trailing take-profit feature adapts to market volatility, ensuring you ride the waves of winning trades while minimizing potential losses. Adaptive Risk Management: Preserving capital is paramount, and Pathfinder PRO 13.3 excels in this area. Its adaptive risk management system adjusts to changing market conditions, protecting your investments while allowing for calculated risk-taking. Unmatched Versatility: Pathfinder PRO 13.3 isn't limited to a single market or asset class. Its versatile design allows it to be deployed across various markets, from stocks and cryptocurrencies to forex and commodities. Community-Driven Enhancement: Pathfinder PRO 13.3 is more than just code; it's a community. Regular updates and enhancements based on user feedback ensure it remains at the forefront of trading technology. Pathfinder PRO 13.3 is more than a trading code; it's your trading partner. It's the culmination of years of trading experience and coding expertise, distilled into a powerful tool that can transform your trading journey. With Pathfinder PRO 13.3, you're not just trading; you're conquering the markets.
Pine Script™ strategy
by buylow32
Aso Line v2This indicator generates buy and sell signals by analyzing volume and horizontal lines. Red and green zones are displayed on the chart. ・Red zone: indicates a short (sell) signal. When the price reaches this zone, consider a short position. ・Green zone: indicates a long (buy) signal. When the price reaches this zone, consider a long position. This indicator uses a proprietary algorithm to analyze volume and horizontal lines to identify the best zones for trading. Specifically, we will explain and . In addition, configuration options for using this indicator effectively will be explained. For example, there are parameters to adjust the width of the zone, the volume calculation period, and the type of horizontal line used. By adjusting these parameters, you can adapt to different market conditions and trading styles. - The way this indicator works is to look for fractal highs or fractal lows on volume above a moving average of volume. This moving average can be changed in the settings for each time frame. - Fractal highs are identified by three consecutive highs followed by two consecutive lows, and vice versa for fractal lows. - A zone is created from the fractal high/low and the closing candlestick price for the selected time frame. The larger the zone, the more important it is. - You can disable zones, change zones to show only lines, or change the color, transparency, and thickness of lines in all zones.
Pine Script™ indicator
by AsoTrading1
PALAlineer regresyon osilatörüdür. Osilatör, trendin gücünü ve yönünü belirleyerek aşırı alım ve aşırı satım noktalarını tespit eder. Gösterge, kullanıcıya görsel olarak AL/SAT sinyalleri ve iptal seviyeleri sunarak trend dönüşlerini daha kolay gözlemleme imkânı sağlar. PALA göstergesi, trend yönelimlerini ve aşırı alım/satım noktalarını belirlemek için güçlü bir araç sunar. Kullanıcı girdilerine göre hesaplanan osilatör değeri, sıfır çizgisi geçişleriyle AL/SAT sinyalleri oluşturur. İptal fiyat seviyeleri ve uyarı sistemi, kullanıcıların trend dönüşlerine hızlı tepki vermesini sağlar. Gösterge, kullanıcıya görsel rehberlik sunarak doğru karar almasına destek olur.
Pine Script™ indicator
by trugurpala
ARMY IMB & Volatility FinderThis is an Imbalance/FVG and Market Volatility/Daily Range Finder Indicator. This is an 2 in 1 Indicator. __________________ Let me explain the 1st Part , The Imbalance/FVG part. This indicator will identify, and highlight every Imbalance/FVG/Fair Value Gap it finds. On every timeframe, you use it on. - In the settings meny of the indicator, you change change the Background color of the Rectangle Boxes it mark out, aswell as the Rectangle Border colors. - You can also change the width of the Recangle boxes, how many bars do you want the Rectangle boxes to Extend to the Right-hand side. - It you can choose how many Imbalances you want it to display, aswell as it will also remove Mittigated Imbalances. - If Price mitigates more then 50% of an Imbalance, the indicator will remove it. Generally, if you have a big impulse, like a Bullish Engulfing, created from an Orderblock or S/D area. If price impulses heavy, it will then leave behind what we call an imbalance, often referred to as a Gap or FVG/Fair Value Gap. ________________ Part 2. Forex Volatility / Daily Range. This indicator will also measure the Average amount of Pips/Points movement price, over an X amount of time. This is often refered to as "Forex Volatility" Most pairs have different amounts of volatility. Exotics pairs are considered very volatile, Forex Majors is less volatile. So this part of the Indicator, will measure the amount of ADR/Average Daily Range. Average amount of Pips/Points of movement, within a specific period of time, and tell you that. - In the settings, you can choose how many days you want the indicator to measure from, and it will tell you the average amount of pips, based on the average movement on those days. The Default setting is set to 90 days/3 months. - You are also able to Enable/Disable the option for the indicator to show the amount of Pips/Points it has calculated bye clicking on this button. IMPORTANT: To see the number the indicator tells you, you have to RIGHT-click up in the Left-side corner , where you see the Pair you have open on your Chart. And make sure to Enable "INDICATOR VALUES". Then if you However over the Indicator area, where the indicators you have open. You will see the number that the indicator has found. Based on the Settings you have set in the Settings Menu. This indicator will as i said show you the Average volatility of the pair you have open on your Chart. One applicable way to use this information, is if you are inside a trade, and price has moved past the Daily Range. It could be less probable it will continue in the same direction when it has Met the Daily Range. It's very accurate, if you want to compare, you can go to 3rd party websites like Mataf / www.mataf.net Investing.com / www.investing.com
Pine Script™ indicator
by ingvar2424