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My Own Trading Principles - for Avoiding Emotional TradingThis indicator lets you clearly mark your personal trading principles right on the chart. Far too often, traders dive into the market without clear guidelines, only to find themselves facing substantial losses and ultimately stepping away discouraged. Imagine having your own carefully-crafted set of trading rules?tailored just for you. By adhering to these principles, you can better manage risks, limit losses, and build a sustainable, long-term approach to trading. Writing notes on your monitor or jotting them down on random sticky pads can be forgettable?and let's admit it, we've all misplaced a note or two! Why not keep your rules clearly visible directly on your chart, guiding your trades with consistency and confidence? When I first began trading, my mentors consistently emphasized the importance of having my own set of trading principles. And guess what?they were right! It really does matter. I've included numerous menu options so you can freely customize its appearance. This script is open-source; feel free to modify and adapt it to your own needs.
Pine Script® indicator
by RUpward
Volume-Confirmed Price Momentum# **Volume-Confirmed Price Momentum (VCPM) Indicator** ## **🔍 Overview** Introducing the **Volume-Confirmed Price Momentum (VCPM)**, a sophisticated dual-metric indicator designed to identify high-probability momentum moves by analyzing the relationship between price action and volume dynamics. This indicator combines correlation analysis with volume strength validation to filter out weak signals and highlight institutional-backed movements. --- ## **⚙️ Core Mechanics** **Price-Volume Correlation Engine:** - Calculates real-time correlation between price movements and volume - Configurable lookback period (default: 8 bars) - Option to use price changes or absolute values - Correlation range: -1.0 (perfect negative) to +1.0 (perfect positive) **Volume Strength Analyzer:** - Compares current volume against its moving average (default: 128 periods) - Normalizes volume ratio to 0-1 scale for consistent interpretation - Identifies when volume significantly exceeds historical norms --- ## **📊 Signal Generation** ### **🟢 Bullish Confirmation Signal** **Trigger:** Positive correlation > 0.6 + Volume ratio > 0.5 - Price and volume moving in harmony upward - Above-average volume confirms the move - Indicates strong institutional buying interest ### **🔴 Bearish Confirmation Signal** **Trigger:** Negative correlation < -0.6 + Volume ratio > 0.5 - Price declining with increasing volume - Suggests distribution or institutional selling - High-confidence bearish momentum --- ## **🎯 Trading Applications** **Breakout Validation:** Filter false breakouts by requiring volume confirmation before entering positions. **Trend Continuation:** Identify when existing trends have strong volume backing for continuation plays. **Distribution Detection:** Spot potential tops when price struggles despite high volume (negative correlation). **Entry Timing:** Built-in alert system notifies when both conditions align for optimal entry points. --- ## **🔧 Customization Features** - **Correlation Period:** Adjust sensitivity (2-500 bars) - **Volume Averaging:** Modify volume comparison timeframe - **Alert Thresholds:** Fine-tune correlation and volume ratio triggers - **Visual Options:** Toggle volume histogram display - **Price Source:** Choose from OHLC or custom sources --- ## **💡 Why VCPM Works** Traditional momentum indicators often generate false signals during low-volume periods. VCPM solves this by requiring **dual confirmation**: price momentum must be supported by corresponding volume activity. This approach: - Reduces whipsaws and false breakouts - Identifies institutional participation - Provides higher conviction trade setups - Works across all timeframes and markets --- ## **📈 Best Use Cases** ✅ **Crypto markets** (high volatility, volume-driven) ✅ **Stock breakouts** (earnings, news events) ✅ **Forex majors** (during high-impact news) ✅ **Futures trading** (momentum confirmation) --- ## **⚠️ Important Notes** - Works best in liquid markets with consistent volume data - Combine with support/resistance levels for enhanced accuracy - Consider market context (trending vs. ranging conditions) - Not recommended for extremely low-volume periods --- ## **🚀 Getting Started** 1. Add VCPM to your chart as a sub-panel indicator 2. Configure correlation threshold (start with 0.6) 3. Set volume ratio threshold (start with 0.5) 4. Enable alerts for automated signal detection 5. Backtest on your preferred timeframe and instrument --- **Ready to enhance your momentum trading with volume confirmation? Try VCPM and experience the difference institutional-backed signals can make in your trading results.** *Available in Pine Script v6 - Compatible with all TradingView accounts*
Pine Script® indicator
by didaz
Multiplied and Divided Moving Average Customize Settings: Access the indicator settings to adjust: MA Type (SMA, EMA, WMA, VWMA, RMA) MA Length (default: 14) Multiply Factor (default: 5.0) Divide Factor (default: 5.0) Source (default: close) Show Buy/Sell Labels (default: enabled) Blue line: Base moving average. Green line: Moving average multiplied by the specified factor. Red line: Moving average divided by the specified factor. "Buy" label: Appears when price crosses below the red line (potential oversold signal). "Sell" label: Appears when price crosses above the green line (potential overbought signal). The Buy/Sell labels are based on price crossing the multiplied/divided lines, which may produce signals in volatile markets. Test the indicator in your trading context to ensure it aligns with your strategy. The showLabels toggle allows you to declutter the chart if desired.
Pine Script® indicator
by bfrahm73
Candle Range Theory (CRT) indicator📌 Indicator Name: Candle Range Theory (CRT) indicator This indicator detects potential bullish and bearish reversal setups based on specific candlestick price action behavior. It is designed to highlight moments when the market may be rejecting extremes and preparing to reverse direction — but only after confirmation with the closing price. 🔍 How It Works: Bullish Setup (Long Signal): The previous candle is bearish (closes lower than it opens). The current candle makes a lower low than the previous one. The current candle closes above the previous candle’s close. Bearish Setup (Short Signal): The previous candle is bullish (closes higher than it opens). The current candle makes a higher high than the previous one. The current candle closes below the previous candle’s close. Signals are only triggered after the bar is fully closed, to avoid premature entries. 🔔 The script includes alert conditions for both long and short setups so you can receive notifications instantly. 🎥 Inspiration: The idea for this indicator came from the excellent educational content presented in this video: "How to Read Candlesticks Like a Pro" We highly recommend watching it to better understand the price action principles behind this signal.
Pine Script® indicator
by Giancarlo_Adorno
Daily 50‑ & 200‑SMA Ceiling Radar — EnhancedDescription: This custom TradingView indicator, developed by Trader Malik and licensed under Trades Per Minute, is a powerful visual tool for identifying how price behaves relative to major daily moving averages — the 50-SMA and 200-SMA. It helps traders quickly understand key technical dynamics such as trend alignment, MA proximity, and short-term momentum sentiment — all displayed on a clean, minimal overlay with visual alerts and an adjustable data table. FEATURES 1. Daily 50 & 200 Simple Moving Averages (SMA):** - Displayed directly on the chart using distinct blue and orange lines. - These serve as primary trend filters and support/resistance zones. 2. Price Highlighting: - A red background flashes momentarily when the price crosses either the 50-SMA or 200-SMA. - A green background fills the chart when price is above both MAs (bullish zone). - A red background persists if price is below both MAs (bearish zone). 3. MA Gap Analysis Table: - 50-SMA Row**: Shows % gap between 50-SMA and 200-SMA. - 200-SMA Row**: Shows % gap between 200-SMA and 50-SMA. - Sentiment Row**: Displays short-term trend bias based on the slope of the past 7 daily closes — Bullish, Neutral, or Bearish. USER SETTINGS Table Location: Choose between **Top Right** or **Bottom Right** of the chart. Table Size: Select **Small**, **Medium**, or **Large** to suit screen preferences and layout aesthetics. This script is **intellectual property of Trades Per Minute** and distributed by **Trader Malik** for use under licensing terms. Redistribution or repurposing without authorization is strictly prohibited.
Pine Script® indicator
by malik_hameem
Intelligent Top & Bottom Finder v9.8 Keyvankh📈 Intelligent Top & Bottom Finder v9.8 Keyvankh A next-generation all-in-one trading system for precise tops, bottoms, and reversals across all timeframes. --- 🟢 Overview This indicator is a powerful and intelligent solution for detecting market tops and bottoms, key reversals, and S/R zones with institutional-grade accuracy. Designed for traders seeking an edge in any market (crypto, forex, stocks), it combines advanced candlestick recognition, multi-indicator confirmation, smart support/resistance clustering, and strict signal filtering into one seamless tool. --- 🔎 How Does It Work? 1. Advanced Support & Resistance Clustering Automatically detects and draws high-probability support and resistance zones using dynamic ATR-based pivot clustering. Highlights breakouts and retest (flip) zones in real-time, adapting to changing market structure. 2. Full Candlestick Pattern Recognition Scans for 15+ classic and advanced patterns: Engulfing, Pin Bar, Doji, Three Bar, Marubozu, Hammer, Shooting Star, Three White Soldiers, Three Black Crows, Tweezer, Morning/Evening Star, Kicker, Belt Hold, and more. Scores each pattern’s strength based on location (S/R zone, retest, breakout), volume context, and confirmation signals. 3. Multi-Indicator Confirmation Engine** Integrates and scores confirmation from up to five additional sources: RSI Games 1.2** (smoothed LTF momentum shifts) MACD Divergence** (bullish/bearish momentum reversal) QQE+ v7 Advanced** (dynamic volatility filter) OBV Trend Filter** (volume-backed trend validation) Volume Game** (net volume spike and reversal detection) Each module can be enabled or disabled to fit your personal trading style. 4. Institutional S/R and Retest Logic Real-time recognition of major trendline breaks, retest zones, and price flips. Automatic labeling and coloring of S/R zones, retest boxes, and confirmation candles. 5. Smart Buy & Sell Signal Generation** Combines all scoring modules with strict logical filters and “failsafe override” logic (guaranteeing signal on confirmed hammers, engulfings, etc. even if other filters disagree). Plots clear “BUY” and “SELL” labels only when a strong, multi-factor signal appears—minimizing noise and maximizing reliability. Built-in fallback logic (optional) for edge cases. 6. Alerts & Automation Ready TradingView alerts for all BUY, SELL, or ANY signal conditions—perfect for auto-trading or notification setups. --- *⚙️ Customizable Inputs Enable/Disable any module (RSI Games, MACD, OBV, QQE+, Candlestick Scanner, Volume Game) Minimum Confirmations** required for a signal (1–10) Pivot/Zone Sensitivity:** ATR multiplier, pivots per cluster, retest bar duration LTF (Lower Timeframe) Confirmation:** Fully configurable --- 📊 How To Use** Apply on any timeframe and symbol**—crypto, stocks, forex, indices. Use as a **standalone reversal/entry tool** or to confirm your own technical setups. Combine with your favorite momentum, trend, or volume indicators for advanced confluence. Set up **TradingView alerts** for auto-trading, Telegram/email notifications, or trade journaling. --- 🟢 What Makes This Unique? All-in-one multi-indicator fusion:** No more juggling a dozen scripts. Institutional logic:** Goes beyond basic signals with true S/R, retest, and volume logic. Full transparency:** Source code is clear and commented (if published open-source). Fast and reliable:** Optimized for minimal lag and maximum accuracy. --- ⚠️ Disclaimer** This indicator is a tool to assist with trade timing and risk management. **No system is 100% accurate.** Always use in conjunction with your own analysis and risk management practices. --- 📚 Credits & License** Created by Keyvan Khodakhah. You may use, modify, or share this script under the (mozilla.org). Please credit the original author if you fork or reuse in public. --- Questions, feedback, or collaboration? Contact: Keyvankh --- Precision in technical analysis comes from layers of confluence and discipline. This tool brings that precision to your chart.
Pine Script® indicator
by keyvankho
14
HTF Candle Extremes Zigzag (Drawn on LTF)HTF Candle Extremes Zigzag (Drawn on LTF) This indicator plots zigzag lines connecting the extremes (highs and lows) of Higher Timeframe (HTF) candles directly on your lower timeframe (LTF) chart. It visually highlights trend changes and HTF candle structure by drawing colored lines representing uptrends and downtrends based on HTF candle extremes. "Key Features" Higher Timeframe Tracking: Select any HTF to track candle extremes using the built-in security function. Zigzag Lines: Connects HTF candle lows to highs in an intuitive zigzag pattern. Trend Indication: Uptrend lines are green, downtrend lines are red (customizable colors). Customizable Line Width: Adjust the thickness of the zigzag lines for better visibility. Drawn on Lower Timeframe: All lines appear on your active lower timeframe chart, allowing easy visual correlation. "How It Works" The script fetches the open, high, low, close, and time data of the specified HTF candle. It detects new HTF bars and identifies trend direction changes by comparing the highs and lows of consecutive HTF candles. - When an uptrend is detected, vertical lines are drawn from low to high of the HTF candle, connected to the previous extreme low. - When a downtrend is detected, vertical lines are drawn from high to low, connected to the previous extreme high. - Transitions between trends are highlighted by connecting the last extreme of the previous trend to the current extreme, creating a clean zigzag pattern. Usage Notes: Ideal for traders who want to visualize HTF market structure and trend changes while analyzing price action on lower timeframes. --- © The_Forex_Steward (mozilla.org)
Pine Script® indicator
by The_Forex_Steward
Smart BB Reversal + Tick Volume Table [NR]This script combines: Smart Bollinger Band Reversal Detection to identify high-probability reversal zones, A real-time tick volume table showing Buy vs Sell strength over the last 10 trades (ticks), Color-coded candles for trend clarity, Buy/Sell signals based on volume pressure and support/resistance touches. ✅ Ideal for intraday and scalping traders. ✅ Works best on Nifty, BankNifty, and Gold. ✅ No repaint. ✅ Clear entry & exit with visual confirmations. Use with Bollinger Band and MACD confirmation for best results.
Pine Script® indicator
by Nandakumar339
Neuracap Gap AnalysisThe Neuracap Gap Analysis indicator is a comprehensive tool designed to identify and track price gaps, special candlestick patterns, and high-volume breakout signals. It combines multiple trading strategies into one powerful indicator for gap trading, pattern recognition, and momentum analysis. 🎯 What This Indicator Does 1. Gap Detection & Tracking Automatically identifies price gaps (up and down) Tracks gap fills with visual boxes that extend until closed Manages gap history with customizable limits Color-coded visualization (Green = Gap Up, Red = Gap Down) 2. Upside Tasuki Gap Pattern Identifies the bullish continuation pattern Colors candles yellow when pattern is detected Confirms trend continuation signals 3. Episodic Pivot Detection High-volume breakout identification EMA filter ensures signals only in uptrends Strong momentum confirmation Fuchsia-colored candles with arrow markers 🔍 How to Use for Trading 📈 Gap Trading Strategy Gap Up Trading: Wait for gap up (green box appears) Check volume - Higher volume = stronger signal Entry options: Aggressive: Enter at market open Conservative: Wait for pullback to gap level Stop loss: Below the gap fill level Target: Previous resistance or 2:1 risk/reward Gap Down Trading: Identify gap down (red box appears) Look for bounce opportunities Entry: When price shows reversal signs Stop: Below recent lows Target: Gap fill level 💫 Tasuki Gap Strategy Yellow candle indicates bullish continuation Confirms uptrend is likely to continue Entry: On next candle after pattern Stop: Below the gap low Target: Next resistance level 🚀 Episodic Pivot Strategy Fuchsia candle + arrow = High probability breakout All conditions met: Price above EMA 20, 50, 200 High volume (2x+ average) Strong price move (4%+) Entry: At close or next open Stop: Below EMA 20 or recent swing low Target: Measured move or next resistance 📊 Reading the Visual Signals Gap Boxes 🟢 Green Box: Gap up - potential bullish continuation 🔴 Red Box: Gap down - potential bounce or bearish continuation Box extends until gap is filled Box disappears when gap closes Candle Colors 🟡 Yellow: Tasuki gap pattern (bullish continuation) 🟪 Fuchsia: Episodic pivot (high-volume breakout) ⬜ Normal: No special pattern detected Arrows & Markers ⬆️ Triangle Arrow: Episodic pivot confirmation 💡 Trading Tips & Best Practices ✅ Do's Combine with trend analysis - Trade gaps in direction of trend Check volume - Higher volume = more reliable signals Use multiple timeframes - Confirm on higher timeframes Risk management - Always set stop losses Wait for confirmation - Don't chase, let signals develop ❌ Don'ts Don't trade all gaps - Focus on high-quality setups Avoid low volume - Weak volume = unreliable signals Don't ignore trend - Counter-trend trading is risky Don't overtrade - Quality over quantity Don't ignore context - Consider market conditions ⚠️ Risk Management Position sizing: Risk 1-2% per trade Stop losses: Always define before entry Target levels: Set realistic profit targets Market conditions: Avoid trading in choppy markets 📈 Performance Optimization For Conservative Traders: Increase minimum gap size to 1% Set volume multiplier to 3.0x Only trade episodic pivots in strong uptrends Wait for gap fill confirmation For Aggressive Traders: Decrease minimum gap size to 0.3% Set volume multiplier to 1.5x Trade both gap types Enter on pattern confirmation 🚨 Alert Setup The indicator provides alerts for: Gap Up Detected Gap Down Detected Upside Tasuki Gap Episodic Pivot Recommended: Enable all alerts and filter manually based on your strategy. 📝 Summary This indicator excels at identifying high-probability trading opportunities through gap analysis, pattern recognition, and momentum confirmation. Use it as part of a complete trading system with proper risk management for best results.
Pine Script® indicator
by saroj1960mittal
10/50 EMA Cloud + 21 EMA + VWAP + FractalsThis indicator is designed for active traders and combines several popular technical analysis tools into a single, easy-to-use overlay. It helps traders identify trend direction, dynamic support and resistance, and potential reversal points, all while providing optional fractal signals for added clarity. Features and Components 1. EMA Cloud (10/50 EMA) 10-period EMA (Exponential Moving Average): Tracks short-term price momentum. 50-period EMA: Represents a longer-term trend. Cloud Visualization: The area between the 10 and 50 EMA is filled with color: Green cloud when the 10 EMA is above the 50 EMA, signaling bullish momentum. Red cloud when the 10 EMA is below the 50 EMA, signaling bearish momentum. Purpose: Quickly visualize the prevailing trend and potential trend shifts. 2. 21-period EMA 21 EMA: Plotted as a blue line, this moving average is widely used to gauge intermediate-term trend and dynamic support/resistance. Purpose: Acts as a reference for trend-following entries and exits. 3. VWAP (Volume Weighted Average Price) VWAP Line: Plotted in orange, VWAP gives the average price weighted by volume for the session. Purpose: Useful for identifying fair value, potential bounce/reversal zones, and institutional interest levels. 4. Fractals (Toggleable) User Option: A setting allows the user to turn fractal signals on or off. Fractal Logic: Uses a 5-bar pattern: Up Fractal: Plots a green triangle above the bar if the high of the middle bar (2 bars ago) is higher than the highs of the two bars before and after. Down Fractal: Plots a red triangle below the bar if the low of the middle bar (2 bars ago) is lower than the lows of the two bars before and after. Purpose: Highlights potential short-term reversal points or swing highs/lows. 5. Volume Bars Volume Histogram: Plotted in gray at the bottom of the chart. Purpose: Provides context for price action, helping to confirm breakouts or identify exhaustion. How to Use This Indicator Trend Identification: Use the EMA cloud and 21 EMA to determine the prevailing trend. Trade in the direction of the cloud color and EMA alignment. VWAP Strategies: Look for price reactions at the VWAP for possible rebounds, breakouts, or reversals. Fractal Signals: Enable fractals to spot potential reversal zones or to fine-tune entries/exits at swing points. Volume Confirmation: Use volume bars to validate the strength of moves, especially near key EMAs or VWAP. Customization Fractals On/Off: Easily toggle fractal signals in the indicator settings to reduce chart clutter or focus on other signals as needed.
Pine Script® indicator
by TRDRZone
8/21 EMA Early Buy/Sell + Golden CrossThis is a a really easy 8/21 EMA Buy/Sell Indicator with a Golden/Death Cross warning plus the ability to adjust and add Early Buy/Sell's How it works: Standard BUY/SELL: 8/21 EMA cross as usual. EARLY SELL: After a strong price up move, EMA8 still above EMA21, and EMA8 turns down. EARLY BUY: After a strong price down move, EMA8 still below EMA21, and EMA8 turns up. Golden/Death Cross: From daily 50/200 SMA. Recommended Colours: 8 EMA Red 21 EMA Blue 50 SMA Purple 200 SMA White
Pine Script® indicator
by ShaneH4
1