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EMA Crossover with RSI FilterEMA Crossover with RSI Overview: This strategy capitalizes on trend shifts by using a fast EMA (6-period) crossing a slow EMA (200-period) combined with an RSI filter for confirmation. It is optimized for a 4-hour timeframe to capture medium-term trends with fewer noise signals. Starting with an initial capital of $100, it reinvests 100% of equity in each trade and includes a 0.05% commission for realistic backtesting. Strategy Setup: Suggested Timeframe: 4-hour chart for balanced trend-capturing and signal accuracy. Initial Capital: $100 Position Size: 100% of current equity per trade. Commission: 0.05% per trade to simulate actual trading costs. Indicators Used: EMA (Exponential Moving Average): 6-period EMA: Tracks short-term price movements. 200-period EMA: Represents long-term trend direction. RSI (Relative Strength Index): 14-period RSI: Adds a momentum filter to avoid false entries. Entry and Exit Conditions: Long Entry Condition: Triggered when the 6-period EMA crosses above the 200-period EMA (bullish crossover). RSI must be above 50 to confirm positive momentum. When both conditions are met, a long position is opened. Exit Condition: The long position closes when the 6-period EMA crosses below the 200-period EMA (bearish crossover) and RSI is below 50, signaling a trend reversal. Chart Display: EMA Plots: 6-period EMA in green for short-term trends. 200-period EMA in red for long-term trend direction. The 4-hour timeframe and commission consideration allow for realistic backtesting with an accurate view of net performance over time.
Pine Script™ strategy
by gilsondoamaral
1
voss 1 of 1 Price Action Volumetric Order Blocks [voss]Indicator Name: Order Block Finder Description: This TradingView indicator automatically detects and highlights Order Blocks — key zones where large institutions or professional traders have placed significant buy or sell orders, often resulting in sharp price moves. Order Blocks represent areas of strong demand (bullish order blocks) or supply (bearish order blocks) that price tends to revisit or react to. Features: Bullish Order Blocks: The indicator identifies and marks areas where price experiences a strong reversal or acceleration upward after an institutional buying spree. These are typically seen after a significant price drop followed by a consolidation before a sharp upward movement. The Bullish Order Block is marked with a green box or green shaded area. Bearish Order Blocks: These are zones of institutional selling pressure where price reverses or accelerates downward after a buying climax. The Bearish Order Block is marked with a red box or red shaded area. Zone Validity: The indicator will adjust the order block zones based on recent price action, providing dynamic updates to reflect the validity and relevance of the zone. Older order blocks that no longer hold relevance are faded or removed. Trend Confirmation: The Order Block Finder will also highlight trend direction using a simple moving average (SMA) or other trend indicators, giving users an idea of whether to focus on bullish or bearish order blocks. Alerts: Set custom alerts for when price approaches an identified order block or when a breakout from an order block occurs. This feature helps traders stay informed in real-time about critical market zones. Color-Coded Zones: The indicator will color code the order block zones (green for bullish, red for bearish) and provide adjustable opacity so traders can customize the visibility according to their preference. Automatic Drawing: The indicator automatically draws order block zones on the chart, saving traders the time and effort of manually plotting them. The zones are based on the concept of "last up candle before a down move" for bearish order blocks and "last down candle before an up move" for bullish order blocks. Historical & Real-Time Data: The Order Block Finder works with both real-time and historical data, allowing traders to identify potential entry or exit points not only for the current market conditions but also to review past market reactions. How to Use: Look for price action that approaches the identified order block zones. If price retraces into a bullish order block in an uptrend, it could be an ideal buying opportunity. Conversely, if price retraces into a bearish order block in a downtrend, it could signal a shorting opportunity. Combine with other indicators (e.g., RSI, MACD, or volume analysis) to confirm signals. Best for: Swing traders, day traders, and institutional traders who rely on supply and demand-based strategies. Traders looking to identify key zones for potential reversals or continuation patterns based on institutional order flow.
Pine Script™ indicator
by VincentMonico
EMA 10 Breakout Scalping IndicatorEMA 10 Scalping Breakout Indicator The EMA 10 Breakout Scalping Indicator is designed to help traders catch short-term price movements by signaling potential breakout opportunities. This indicator uses a 10-period exponential moving average (EMA) to identify key support and resistance levels. It provides clear buy and sell signals based on price breaking above or below the EMA. Features: BUY Signal: The indicator generates a green label below the bar when the price crosses above the EMA, indicating a potential uptrend and buying opportunity. SELL Signal: A red label appears above the bar when the price crosses below the EMA, suggesting a potential downtrend and opportunity to sell. EMA Visualization: The 10-period EMA is plotted on the chart to visually track the short-term trend. Real-Time Alerts: Quickly identify breakout points on any time frame for active scalping or trend-following strategies. How to use: BUY Signal: Enter a long position when the price crosses above the EMA. SELL Signal: Enter a short position when the price crosses below the EMA. EMA: EMA helps determine the direction of the trend. A price above the EMA indicates an uptrend, while a price below it suggests a downtrend. Personalization: You can easily adjust the EMA period to suit your trading style and time frame. This indicator is ideal for scalpers or day traders looking to trade based on short-term price movements. Perfect for: Scalping: Catch small price movements with quick entries and exits. Trend Following: Use the EMA to identify the current trend and enter trades accordingly. Conclusion: This simple yet powerful indicator helps traders spot potential breakouts based on the EMA 10. By combining price action and EMA, traders can execute timely trades and improve their decision-making process in both trend and range markets. Let me know if you find this indicator useful, or feel free to suggest features you'd like to see added. Happy trading!
Pine Script™ indicator
by Kokadze
Stochastic RSI with Golden Entries/ExitsStochastic RSI with gold entries/exits Review The Stochastic RSI with Golden Entries/Exits indicator is designed to provide traders with high probability entry and exit points based on the Stochastic RSI. By combining RSI and stochastic indicators, this tool aims to capture overbought and oversold conditions in a precise manner, allowing traders to spot potential reversal points with precision. Main features and functionality Stochastic RSI Calculation: The indicator calculates the Relative Strength Index (RSI) and applies a stochastic function to the RSI values. This approach provides a nuanced view of overbought and oversold conditions, helping traders identify turning points even in trending markets. The main stochastic RSI parameters are: K Line (blue) – A smoothed version of the Stochastic RSI %K line that helps filter out noise. D line (orange) – additional smoothing of the K line used as a signal line. These lines can be customized through parameters allowing adjustments based on trading style or market conditions. Golden entry and exit signals: Golden Entry: The script identifies potential buy signals (golden entries) when the K line crosses above the D line below the oversold level (20). These conditions are often associated with bullish reversals. Gold Exit: Sell signals (gold exits) occur when the K line crosses below the D line above the overbought level (80), signaling a possible bearish reversal. Visual signals (points) are displayed on the graph: Green circle below bar for gold entry points. Red circle above bar for Golden Exit points. Visual improvements: Bands and Middle Line: The upper (80) and lower (20) bands provide reference points for overbought and oversold conditions, while the middle band (50) helps measure the neutral zone. Background shading: The area between the 80 and 20 bands is shaded, making it easier to identify areas where the Stochastic RSI may signal extreme conditions. Background lighting for entries: The background turns soft yellow when the Golden Entry condition is met, helping traders easily spot potential buying opportunities. How to use Golden Entry: Use the green circles to spot potential long (buy) entries when the Stochastic RSI shows an oversold reversal. Golden Exit: Use the red circles to identify potential short (sell) signals when the Stochastic RSI signals an overbought reversal. Trend Confirmation: Combine this indicator with other trend following tools such as moving averages or price action signals to confirm trade entries and exits. Customization options K and D smoothing periods: Adjust the smoothness of the K and D lines to adapt to different time frames and market conditions. RSI and Stochastic Lengths: Fine-tune RSI lengths and Stochastic calculations to tailor the sensitivity of the indicator. Final thoughts The Stochastic RSI with Golden Entries/Exits indicator offers a unique combination of RSI and stochastic analysis, highlighting potential reversal points with simple visual cues. Whether you are a day trader or a swing trader, this tool can help you refine your entry and exit strategies, especially in volatile markets. Let me know if you find this indicator useful, or feel free to suggest features you'd like to see added. Happy trading!
Pine Script™ indicator
by Kokadze
Simplified MetroThis is a derivative of J. Welles Wilder's RSI (Relative Strength Index) from 1978. This version uses a fast and slow offset of the RSI to create signals. The RSI itself has been removed from this version for visual simplicity, but its setting still has an impact on the fast and slow stepped lines. The "RSI Period" sets the number of bars used to calculate the RSI. A higher value results in a smoother RSI, while a lower value makes it more reactive to price changes. The "Fast Step Size" defines the step size for the fast trend line. A larger value makes the fast step line less sensitive to RSI changes, creating a smoother line. The "Slow Step Size" defines the step size for the slow trend line. A larger value makes the slow step line less sensitive to RSI changes, resulting in a smoother line compared to the fast step. When the faster blue line crosses and closes above the slower fuchsia line we have a signal to go long, and vice versa we take a short position. This indicator should not be traded on its own, but could be a valuable addition to a system used for identifying trends.
Pine Script™ indicator
by nacht
Volume to Candle Size Ratio - UpdatedBased on the script from but with some added features (more to come) (don't mind that the screen shot above has 3 of the same indicator....I was testing/debugging when it took and published the screen shot) What's new: - Works across all time frames, not just the 5 minute - Added a moving average line - Added alerts so that you don't have to watch the charts Soon to come: - Add levels/zones to be shown on the chart and used with the indicator. The indicator will alert you when a volume/price ratio candle approaches your levels (would also be useful for automated backtesting) - Using the volume profile and the indicator to automate finding levels/zones for you
Pine Script™ indicator
by yareally
ULTIME RSI Buy/Sell 70%- by Baptiste Impact tradingConditions for Buy/Sell: 1: Do not take trades when the RSI curve is flat (even if there is an indication). 2: Place the stop-loss (SL) a few points above the relevant candle. 3: Use a 2:1 risk-reward (RR) ratio and set break-even (BE) at the entry price once RR1 is reached. 4: Take partial profit at RR2 with 50% closure and let the remaining position run. Cut if there is a change in direction. Your indicator "Baptiste ULTIME RSI Buy/Sell 70%- Impact Trading" is an advanced tool based on the Relative Strength Index (RSI) designed to display buy and sell signals with specific crossover conditions and a cooldown logic to avoid consecutive signals. It includes: Enhanced RSI calculated with configurable smoothing methods (EMA, SMA, RMA, TMA). Trading signals based on bullish and bearish crossovers of the RSI with a signal line, integrating a 15-bar delay between signals to limit the frequency of alerts. Customizable overbought/oversold levels with zone fill for clear visualization of market extremes. Visual display of buy/sell signals with arrows and level lines, all presented in a separate window for better readability. This indicator helps identify potential entry and exit points while reducing false signals through its cooldown logic.
Pine Script™ indicator
by Pangolin76
5-Minute EurUsd GbpUsd Pivot Bars 1.0The 5-Minute EurUsd GbpUsd Pivot Bars indicator is a specialized tool crafted to identify low-range pivot bars on 5-minute charts, specifically optimized for EURUSD and GBPUSD pairs. By focusing on precise pip measurements tailored for pairs where 1 pip is represented by 0.0001, this indicator highlights potential pivot bars within specific trading sessions, helping traders identify intraday reversals and optimal entry points. This is particularly beneficial for traders looking for directional clarity in high-liquidity pairs like EURUSD and GBPUSD during key trading sessions. Key Features: - Customizable Pip Thresholds for EURUSD and GBPUSD: This indicator uses the following thresholds, tailored for EURUSD and GBPUSD pairs: - Limited Range: Highlights bars with a range of 4 pips or less between open and close. - High/Low Directionality: Requires at least 3 pips between the close/open and the bar's high or low. - Open/Close Proximity: Marks bars where the open and close are within 4 pips. - Inside Bar Tolerance: Excludes inside bars that fall within a 3-pip range of the previous bar’s high and low. - Session-Based Alerts: - The indicator allows users to enable alerts specifically for the European Session (6:00-12:00), American Session (12:00-17:00), and London Close (17:00-20:00). Adjust these session times based on your time zone by using the time-shift parameter. - Alerts are triggered in real-time for valid bullish and bearish pivot bars within the specified sessions, enabling you to react to potential market moves promptly. - Time Shift Flexibility: - Adjust the "Time Shift" parameter to account for different time zones, ensuring session alignment wherever you are trading from. How It Works: 1. Pivot Bar Identification: The indicator scans for bars where the difference between the open and close is within the "Limited Range" threshold. Both the open and close should be near either the high or the low of the bar. 2. Directional Filtering: It only considers bars with a strong directional bias by enforcing a minimum distance between the open/close levels and the opposite end of the bar (high/low). Bars that do not exhibit this directionality are excluded. 3. Inside Bar Exclusion: Inside bars, where the bar's range is completely contained within the previous bar’s high and low (with a tolerance of 3 pips), are excluded. Consecutive inside bars are also excluded, helping to filter out bars typically associated with market consolidation. 4. Session-Specific Alerts: When a valid pivot bar appears within the chosen sessions, an alert is triggered. The alerts differentiate between bullish and bearish pivot bars based on whether the close is near the high or the low of the bar. How to Use: - Trend Reversals: This indicator can help spot potential trend reversals or pullbacks within active trading sessions on a 5-minute chart. - Refining Entry Points: The highlighted bars provide potential entry signals for traders looking to capitalize on short-term directional changes. - Combining with Other Indicators: For more robust analysis, combine this tool with momentum indicators or trendlines to confirm signals and enhance decision-making. Default Parameters: - Limited Range: 4 Pips - High/Low Directionality: 3 Pips - Open/Close Proximity: 4 Pips - Inside Bar Tolerance: 3 Pips - Session Alerts: Enabled for European, American, and London Close sessions - Time Shift: Default set to 6 (adjustable to match your time zone) This indicator is specifically optimized for EURUSD and GBPUSD pairs on 5-minute charts due to its pip calculation.
Pine Script™ indicator
by TrendFollowingTradersCommunity
rajinder//@version=5 indicator("Buy and Sell Signals on MA and RSI", overlay=true) // Define the 50-period moving average ma50 = ta.sma(close, 50) // Define the 14-period RSI rsi = ta.rsi(close, 14) // Define the conditions for the buy signal candleClosedAboveMA = close > ma50 // Current candle closed above the 50 MA rsiCrossedAbove60 = ta.crossover(rsi, 60) // RSI crossed above 60 // Define the conditions for the sell signal candleClosedBelowMA = close < ma50 // Current candle closed below the 50 MA rsiCrossedBelow40 = ta.crossunder(rsi, 40) // RSI crossed below 40 // Generate buy and sell signals buySignal = candleClosedAboveMA and rsiCrossedAbove60 sellSignal = candleClosedBelowMA and rsiCrossedBelow40 // Plot the moving average plot(ma50, color=color.blue, linewidth=2, title="50 MA") // Plot buy and sell signals on the chart plotshape(series=buySignal, location=location.abovebar, color=color.green, style=shape.labelup, text="Buy", title="Buy Signal") plotshape(series=sellSignal, location=location.belowbar, color=color.red, style=shape.labeldown, text="Sell", title="Sell Signal") // Optional: Display buy and sell signals on the price chart with background color bgcolor(buySignal ? color.new(color.green, 90) : na, title="Buy Signal Background") bgcolor(sellSignal ? color.new(color.red, 90) : na, title="Sell Signal Background")
Pine Script™ indicator
by rajindermukkar
Multi-Timeframe Strategy with Pivots. 1m trend follow breakouts.This is a basic script that shows bullish and bearish pivots above or below the aligning moving averages. It also give an entry indicator when price taps, or crosses a moving average before moving past the corresponding pivot. This is a personal strategy that in my findings has shown around a 60% win rate when aligned with higher timeframe trend, and high volume times of entry. This indicator needs refinement, but it is as close as I can get using Ai coding, since I don't know how to code. If you stumble across this indicator/ strategy and have refinement suggestions, let me know! Thanks. Happy Trading!
Pine Script™ indicator
by Hyder521
Average Bullish & Bearish Percentage ChangeAverage Bullish & Bearish Percentage Change Processes two key aspects of directional market movements relative to price levels. Unlike traditional momentum tools, it separately calculates the average of positive and negative percentage changes in price using user-defined independent counts of actual past bullish and bearish candles. This approach delivers comprehensive and precise view of average percentage changes. FEATURES: Count-Based Averages: Separate averaging of bullish and bearish %𝜟 based on their respective number of occurrences ensures reliable and precise momentum calculations. Customizable Averaging: User-defined number of candle count sets number of past bullish and bearish candles used in independent averaging. Two Methods of Candle Metrics: 1. Net Move: Focuses on the body range of the candle, emphasizing the net directional movement. 2. Full Capacity: Incorporates wicks and gaps to capture full potential of the bar. The indicator classifies Doji candles contextually, ensuring they are appropriately factored into the bullish or bearish metrics to avoid mistakes in calculation: 1. Standard Doji - open equals close. 2. Flat Close Doji - Candles where the close matches the previous close. Timeframe Flexibility: The indicator can be applied across any desired timeframe, allowing for seamless multi-timeframe analysis. HOW TO USE Select Method of Bar Metrics: Net Move: For analyzing markets where price changes are consistent and bars are close to each other. Full Capacity: Incorporates wicks and gaps, providing relevant figures for markets like stocks Set the number of past candles to average: 🟩 Average Past Bullish Candles (Default: 10) 🟥 Average Past Bullish Candles (Default: 10) Why Percentage Change Is Important Standardized Measurement Across Assets: Percentage change normalizes price movements, making it easier to compare different assets with varying price levels. For example, a $1 move in a $10 stock is significant, but the same $1 move in a $1,000 stock is negligible. Highlights Relative Impact: By measuring the price change as a percentage of the close, traders can better understand the relative impact of a move on the asset’s overall value. Volatility Insights: A high percentage change indicates heightened volatility, which can be a signal of potential opportunities or risks, making it more actionable than raw price changes. Percents directly reflect the strength of buying or selling pressure, providing a clearer view of momentum compared to raw price moves, which may not account for the relative size of the move. By focusing on percentage change, this indicator provides a normalized, actionable, and insightful measure of market momentum, which is critical for comparing, analyzing, and acting on price movements across various assets and conditions.
Pine Script™ indicator
by fract
Smoothed Heiken Ashi Trend FilterThis indicator applies the Heiken Ashi technique with added smoothing and trend filtering to help reduce noise and improve trend detection. Components of the Indicator: Heiken Ashi Calculations: Heiken Ashi Close (ha_close): This is the smoothed average of the current bar’s open, high, low, and close prices, calculated with a simple moving average (SMA) to filter out noise. Heiken Ashi Open (ha_open): This is the average of the previous Heiken Ashi Open and the current Heiken Ashi Close. It’s also initialized to smooth the transition on the first bar. Heiken Ashi High (ha_high) and Low (ha_low): These values are calculated as the highest and lowest values among the high, Heiken Ashi Open, and Heiken Ashi Close for each bar. Smoothing and Noise Reduction: Smoothing Length: The indicator applies a smoothing length to the Heiken Ashi Close, calculated with an SMA. This reduces minor fluctuations, giving a clearer view of the price action. Minimum Body Size Filter: This filter calculates the body size of each Heiken Ashi candle and compares it to a percentage of the Average True Range (ATR). Only significant candles (those with larger bodies) are plotted, reducing weak or indecisive signals. Trend Filtering with Moving Average: The indicator uses a simple moving average (SMA) as a trend filter. By comparing the Heiken Ashi Close to the moving average: Bullish Trend: The Heiken Ashi candle is green when it’s above the moving average. Bearish Trend: The Heiken Ashi candle is red when it’s below the moving average. How to Use This Indicator: Trend Identification: Green candles signify a bullish trend, while red candles signify a bearish trend. The smoothing and trend filtering make it easier to identify sustained trends and avoid reacting to short-term fluctuations. Filtering Out Noise: Minor price fluctuations and small-bodied candles (often resulting in indecisive signals) are filtered out, leaving only significant signals. Adjustable Parameters: Smoothing Length: Controls the degree of smoothing applied to the Heiken Ashi Close value. Increasing this value will make the Heiken Ashi candles smoother. Minimum Body Size: This is a percentage of the ATR, used to filter out small or indecisive candles. Trend Moving Average Length: Controls the period of the moving average used as a trend filter. This Smoothed Heiken Ashi Trend Filter indicator is useful for identifying trends and filtering out noisy signals. By smoothing and filtering, it helps traders focus on the overall trend rather than minor price movements. Let me know if there’s anything more you’d like to add or adjust!
Pine Script™ indicator
by tSageHuz
4
Engulfing BoxThe Engulfing Box indicator is a custom script designed to visually highlight and track bullish and bearish engulfing candlestick patterns on a price chart. These patterns are often used to identify potential reversal points, making them valuable for technical analysis. The script dynamically draws colored boxes around these patterns, helping users easily spot them in the price action. Key Features: Bullish Engulfing Pattern: When a candlestick fully engulfs the previous bearish candle (i.e., the close of the current candle is higher than the open of the previous candle, and the open is lower than the close of the previous candle), the script draws a green box around the bullish engulfing candle. This box is drawn from the open of the previous candle to the low of the previous candle. Bearish Engulfing Pattern: When a candlestick fully engulfs the previous bullish candle (i.e., the close of the current candle is lower than the open of the previous candle, and the open is higher than the close of the previous candle), a red box is drawn around the bearish engulfing candle. This box is drawn from the open of the previous candle to the high of the previous candle. Dynamic Box Management: Once an engulfing pattern is detected, a box is drawn with the following attributes: Bullish Engulfing Box: Green, with a transparent background. Bearish Engulfing Box: Red, with a transparent background. The box will adjust its color to gray if the price moves past certain thresholds, indicating that the engulfing pattern may no longer be as relevant. Max Pattern Tracking: The script limits the number of engulfing boxes tracked on the chart to prevent clutter. The maximum number of bullish and bearish engulfing patterns shown is customizable (set to 500 by default), and once this limit is exceeded, older boxes are deleted to maintain a clean chart. Pattern Expiry: Boxes are deleted if price action moves beyond the pattern’s range, ensuring that outdated signals are removed. If the low price falls below the bottom of the bullish engulfing box, or the high price rises above the top of the bearish engulfing box, the respective box is removed. Additionally, if the low price moves below the top of the bullish box or the high price exceeds the bottom of the bearish box, the box's color is changed to a more neutral tone. How it Works: Pattern Detection: The script compares the current price data with the previous candlestick to detect the bullish or bearish engulfing patterns. Box Creation: If a pattern is detected, a colored box is drawn around the candle to visually highlight the pattern. Pattern Expiry and Cleanup: The script continuously monitors past boxes. If the price moves too far from the box’s range, the box is either deleted or altered to reflect the reduced significance of the pattern. B ox Count Limit: To avoid clutter, the script ensures that no more than 500 bullish or bearish engulfing boxes are shown at any time. Customization: The number of previous bars to scan for engulfing patterns can be adjusted (maxBarsback). The maximum number of patterns displayed at any time can be modified.
Pine Script™ indicator
by daisukeburn
Initial Balance with % height originally created by noop-noopThis TradingView indicator is designed to assist traders in identifying and analyzing the Initial Balance (IB) range, which is defined by the high and low of the first trading session (e.g., the first hour or other specified time) of the trading day. Commonly used by day traders, this opening range indicator provides valuable insights into market sentiment and potential breakout levels. Key Features: IB High and Low Lines: Draws horizontal lines at the high (IBH) and low (IBL) of the Initial Balance range to serve as potential support and resistance levels. Extended Levels: Optionally displays extra levels (multiples of the IB range) above and below the initial balance range, helping traders identify key breakout or breakdown zones. Intermediate Levels: Adds a 50% level within the IB range to provide a midpoint reference, useful for gauging market direction within the range. Visual Zone Highlighting: Colors the IB calculation period to visually separate it on the chart. Dynamic Labeling: Shows percentage-based labels and IB delta analytics for quick reference, including the IB range height as a percentage. Historical Data Tracking: Analyzes IB range statistics over the past 20 days, displaying maximum, average, and minimum IB deltas to help traders understand typical range behavior.
Pine Script™ indicator
by Tradederma
Market Stats Panel [Daveatt]█ Introduction I've created a script that brings TradingView's watchlist stats panel functionality directly to your charts. This isn't just another performance indicator - it's a pixel-perfect (kidding) recreation of TradingView's native stats panel. Important Notes You might need to adjust manually the scaling the firs time you're using this script to display nicely all the elements. █ Core Features Performance Metrics The panel displays key performance metrics (1W, 1M, 3M, 6M, YTD, 1Y) in real-time, with color-coded boxes (green for positive, red for negative) for instant performance assessment. Display Modes Switch seamlessly between absolute prices and percentage returns, making it easy to compare assets across different price scales. Absolute mode Percent mode Historical Comparison View year-over-year performance with color-coded lines, allowing for quick historical pattern recognition and analysis. Data Structure Innovation Let's talk about one of the most interesting challenges I faced. PineScript has this quirky limitation where request.security() can only return 127 tuples at most. £To work around this, I implemented a dual-request system. The first request handles indices 0-63, while the second one takes care of indices 64-127. 
 This approach lets us maintain extensive historical data without compromising script stability. And here's the cool part: if you need to handle even more years of historical data, you can simply extend this pattern by adding more request.security() calls. 
 Each additional call can fetch another batch of monthly open prices and timestamps, following the same structure I've used. 
 Think of it as building with LEGO blocks - you can keep adding more pieces to extend your historical reach. Flexible Date Range Unlike many scripts that box you into specific timeframes, I've designed this one to be completely flexible with your date selection. You can set any start year, any end year, and the script will dynamically scale everything to match. The visual presentation automatically adjusts to whatever range you choose, ensuring your data is always displayed optimally. █ Customization Options Visual Settings The panel's visual elements are highly customizable. You can adjust the panel width to perfectly fit your workspace, fine-tune the line thickness to match your preferences, and enjoy the pre-defined year color scheme that makes tracking historical performance intuitive and visually appealing. Box Dimensions Every aspect of the performance boxes can be tailored to your needs. Adjust their height and width, fine-tune the spacing between them, and position the entire panel exactly where you want it on your chart. The goal is to make this tool feel like it's truly yours. █ Technical Challenges Solved Polyline Precision Creating precise polylines was perhaps the most demanding aspect of this project. The challenge was ensuring accurate positioning across both time and price axes, while handling percentage mode scaling with precision. The script constantly updates the current year's data in real-time, seamlessly integrating new information as it comes in. Axis Management Getting the axes right was like solving a complex puzzle. The Y-axis needed to scale dynamically whether you're viewing absolute prices or percentages. The X-axis required careful month labeling that stays clean and readable regardless of your selected timeframe. Everything needed to align perfectly while maintaining proper spacing in all conditions. █ Final Notes This tool transforms complex market data into clear, actionable insights. Whether you're day trading or analyzing long-term trends, it provides the information you need to make informed decisions. And remember, while we can't predict the future, we can certainly be better prepared for it with the right tools at hand. A word of warning though - seeing those red numbers in a beautifully formatted panel doesn't make them any less painful! 😉 --- Happy Trading! May your charts be green and your stops be far away! Daveatt
Pine Script™ indicator
by Daveatt
Rikki's DikFat Buy/Sell OscillatorAttached we have a very simple Buy/Sell Oscillator. This script will color candles red when price is bear trending and green when price is bull trending. I have taken elements of our CCI color signaler indicator found here: to make this very simple and easy to read candlestick color oscillator for traders both new and seasoned. The the red candles color red as a result of the fuchsia CCI condition on the previously mentioned indicator. The green candles color as a result of the black CCI color condition on the previously mentioned script. The script was modified to run the black CCI condition anywhere the fuchsia condition is not displayed and the colors were changed to red and green for a clean visual representation on the chart. I have not quite got the wick and border colors correct. For some reason they keep reverting when you click out of the script setting. Will update once complete. The code and script are public. Enjoy :)
Pine Script™ indicator
by Midgar-