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Golden Crossover Momentum Check📊 Golden Cross Momentum Screener — Summary 🔍 What It Does This indicator identifies Golden Cross events — where the 50 EMA crosses above the 200 EMA, signaling a potential long-term trend reversal — and evaluates the momentum strength to help determine whether price is likely to: Surge immediately (Group B), or Retrace first (Group A) It uses 5 momentum-confirming conditions to score the quality of the breakout and display a single label on the chart with a classification. ✅ Momentum Conditions Validated RSI > 60 and rising – Indicates bullish buying pressure MACD Histogram > 0 and rising – Confirms increasing momentum Volume > 2× 20-day average – Validates participation on the breakout ADX > 25 – Measures trend strength Price is >5% above 200 EMA – Confirms price extension above long-term trend Each passing condition adds 1 point to the momentum score (0–5). 📈 How to Use Watch for a Golden Cross signal (triangle appears below candle) If momentum score ≥ 4, the script labels the setup as: "🚀 Surge Likely (Group B)" — consider immediate breakout entries If score is 2–3, labeled: "🔄 Pullback Likely (Group A)" — expect retest/consolidation before continuation If score < 2, labeled: "❌ No Momentum Confirmed" — avoid or wait for confirmation
Pine Script® indicator
by AlgoNostra
Market Strength Buy Sell Indicator [TradeDots]A specialized tool designed to assist traders in evaluating market conditions through a multifaceted analysis of relative performance, beta-adjusted returns, momentum, and volume—allowing you to identify optimal points for long or short trades. By integrating multiple benchmarks (default S&P 500) and percentile-based thresholds, the script provides clear, actionable insights suitable for both day trading and higher-level timeframe assessments. 📝 HOW IT WORKS 1. Multi-Factor Composite Score Relative Performance (RS Ratio): Compares your asset’s performance to a chosen benchmark (default: SPY). Values above 1.0 indicate outperformance, while below 1.0 suggest underperformance. Beta-Adjusted Returns: Checks the ticker’s excess movement relative to expected market-related moves. This helps distinguish pure “alpha” from broad market effects. Volume & Correlation: Volume spikes often confirm the momentum behind a move, while correlation measures how closely the asset tracks or diverges from its benchmark. These components merge into a 0–100 composite score. Scores above 50 frequently imply bullish strength; drops below 50 often point to underperformance—potentially flagging short opportunities. 2. Intraday & Day Trading Focus Monitoring Below 50: During the trading day, the script calculates live data against the benchmark, offering an intraday-sensitive composite score. A dip under 50 may indicate a short bias for that session, especially when accompanied by high volume or momentum shifts. 3. Higher Timeframe Monitoring Daily Strategies: On daily or weekly charts, the script reveals overall relative strength or weakness compared to the S&P 500. This higher-level perspective helps form broader trading biases—crucial for swing or position trades spanning multiple days. Long/Short Thresholds: Persistent readings above 50 on a daily chart typically reinforce a long bias, while consistent dips below 50 can sustain a short or cautious outlook. 4. Pair Trading Applications Custom Benchmark Selection: By setting a specific ticker pair as your benchmark instead of the default S&P 500, you can identify spread trading opportunities between two correlated assets. This allows you to go long the outperforming asset while shorting the underperforming one when the spread reaches extreme levels. 4. Color-Coded Signals & Alerts Visual Zones (25–75): Color-coded bands highlight strong outperformance (above 75) or pronounced underperformance (below 25). Alerts on Strong Shifts: Automatic alerts can notify you of sudden entries or exits from bullish or bearish zones, so you can potentially act on new market information without delay. ⚙️ HOW TO USE 1. Select Your Timeframe: For scalping or day trading, lower intervals (e.g., 5-minute) offer immediate data resets at the session’s start. For multi-day insight, daily or weekly charts reveal broader performance trends.
 2. Watch Key Levels Around 50: Intraday dips under 50 may be a cue to consider short trades, while bounces above 50 can confirm renewed strength. 3. Assess Benchmark Relationships: Compare your asset’s score and signals to the broader market. A stock falling below its pair’s relative strength line might lag overall market momentum. 4. Combine Tools & Validate: This script excels when integrated with other technical analysis methods (e.g., support/resistance, chart patterns) and fundamental factors for a holistic market view. ❗ LIMITATIONS No Direction Guarantee: The indicator identifies relative strength but does not guarantee directional price moves. Delayed Updates: Since calculations update after each bar close, sudden intrabar changes may not immediately reflect. Market-Specific Behaviors: Some assets or unusual market conditions may deviate from typical benchmarks, weakening signal reliability. Past ≠ Future: High or low relative strength in the past may not predict continued performance. RISK DISCLAIMER All forms of trading and investing involve risk, including the possible loss of principal. This indicator analyzes relative performance but cannot assure profits or eliminate losses. Past performance of any strategy does not guarantee future results. Always combine analysis with proper risk management and your broader trading plan. Consult a licensed financial advisor if you are unsure of your individual risk tolerance or investment objectives.
Pine Script® indicator
by tradedots
Real-Time Spring DetectorThis is a Pine Script for Trading View that creates a "Real-Time Spring Detector" indicator. This Pine Script is essentially a sophisticated pattern recognition tool that helps identify "spring" setups - a popular trading pattern where price briefly breaks below support but then bounces back strongly, often indicating that sellers are exhausted and buyers are ready to step in.What is a "Spring" in Trading? A spring is a technical analysis pattern that occurs when: Price breaks below a support level (like breaking below a floor) But then quickly bounces back up (like a spring rebounds) This often signals that sellers are weak and buyers are stepping in Think of it like testing the strength of a trampoline - you push down, but it springs back up stronger. What This Script Does This Pine Script automatically detects spring patterns on your chart and alerts you when they happen. Here's how it works: Main Components 1. Input Parameters (Settings You Can Adjust) Lookback Period (10): How many bars back to look for patterns Min Support Touches (2): How many times price must touch the support level Min Penetration % (0.1%): How far below support price must break Min Rejection % (30%): How much price must bounce back up Alert Settings: Choose when to get notifications 2. Support Level Detection The script finds "support levels" - price levels where buyers have stepped in before: It looks at recent low points Identifies areas where price has bounced multiple times Uses a small tolerance (0.5%) to account for minor price differences 3. Spring Detection Logic The script identifies three types of springs: Real-Time Spring (happening right now): Price breaks below support by the minimum amount Price bounces back strongly (rejection %) Current candle closes higher than it opened (bullish) Volume is reasonable Confirmed Spring (already completed): Same as real-time, but the candle has finished forming Potential Spring (early warning): Price is near support but hasn't fully formed the pattern yet 4. Visual Elements Markers on Chart: 🟢 Green Triangle: Confirmed spring (reliable signal) 🟡 Yellow Triangle: Spring forming right now (live signal) 🟠 Orange Circle: Potential spring (early warning) Labels: Show "SPRING" with the rejection percentage "FORMING" for developing patterns "?" for potential springs Support Line: Red dotted line showing the support level Background Colors: Light red when price penetrates support Light yellow for potential springs 5. Information Box A table in the top-left corner shows: Current support level price Whether penetration is happening Rejection percentage Current pattern status Live price 6. Alert System Two types of alerts: Real-time alerts: Notify when spring is forming (current bar) Confirmed alerts: Notify when spring is complete (bar closed) Alert cooldown: Prevents spam by waiting 5 bars between alerts How to Use This Script 1. Installation Copy the script code Open TradingView Go to Pine Editor Paste the code Click "Add to Chart" 2. Settings Adjust the input parameters based on your trading style: Lower lookback = more sensitive, faster signals Higher support touches = more reliable but fewer signals Lower penetration % = catches smaller springs Higher rejection % = only strong bounces 3. Interpretation Green triangles: High-confidence buy signals Yellow triangles: Watch closely, pattern developing Orange circles: Early warning, not tradeable yet 4. Best Practices Use on higher timeframes (15min+) for more reliable signals Combine with other indicators for confirmation Pay attention to volume - higher volume springs are more reliable Wait for confirmed signals if you're a conservative trader Key Features for Small Timeframes The script includes special detection for shorter timeframes: Quick bounce detection: Identifies rapid reversals Hammer pattern recognition: Spots candlestick patterns Relaxed volume requirements: Works when volume data is limited Advanced Features Volume Analysis Compares current volume to 10-bar average Requires at least 80% of average volume (flexible for small timeframes) Pattern Enhancement Looks for hammer-like candles (long lower wick, small upper wick) Identifies quick bounces where the upper wick is small Multiple Confirmation Combines multiple criteria to reduce false signals Stronger springs get priority for alerts Common Use Cases Entry Signals: Buy when confirmed springs appear Support Level Identification: Visual support lines help identify key levels Risk Management: Failed springs (continued breakdown) can be stop-loss triggers Market Structure: Understanding where buyers are defending price levels Limitations Works best in trending or ranging markets May produce false signals in very choppy conditions small timeframe signals can be noisy should be combined with other analysis methods.The key advantage is that it can catch these patterns as they happen, rather than you having to constantly watch charts. This is especially valuable for active traders who want to capitalize on quick reversals at support levels.
Pine Script® indicator
by kingshukghosh71
RJ Trend TradeRJ Trend Trade Summary The RJ Trend Trade indicator is a comprehensive trading tool designed to identify trend-based opportunities using a combination of a lagging Parabolic SAR and Bill Williams Fractals. It provides clear visual signals for entries, take-profits, re-entries, and exits directly on your chart. With a built-in ATR-based stop loss and a fully configurable alert system, this indicator is built to be a complete framework for discretionary or systematic traders. Core Strategy The indicator's logic is built upon two robust technical concepts: Lagging Parabolic SAR (PSAR) for Trend Direction and Entries/Exits: The core trend direction and primary entry/exit signals are determined by a crossover between the price and a lagging PSAR. A cross of the lagging PSAR above the high signals a potential buy entry, while a cross below the low signals a potential sell entry. The reverse crossovers act as the primary exit signals, indicating a potential trend reversal. Bill Williams Fractals for Take-Profit (TP) and Re-Entries (RE): Once a trade is active, the indicator uses breakouts of recent Bill Williams Fractals to identify tactical opportunities. Take-Profit (TP): When price breaks a fractal in the direction of the trend (e.g., breaks a higher-high fractal in an uptrend), it signals a potential area to take partial or full profits. Re-Entry (RE): When price breaks a fractal against the primary trend (e.g., breaks a higher-high fractal during a downtrend), it can signal a potential re-entry point to add to the position, often at a more favorable price. Key Features Clear Visual Signals: Displays easy-to-read labels on the chart for all key trading events: BUY / SELL: Main entry signals. TP: Take-Profit signals. RE: Re-Entry signals. EXIT: Trend reversal exit signals based on PSAR. SL: Stop Loss hit signals. ATR-Based Stop Loss: Includes an optional, fully configurable Average True Range (ATR) stop loss to help manage risk from the moment a position is opened. Comprehensive Alert System: Every single signal generated by the indicator (Buy, Sell, TP, RE, Exit, and SL) can be used to create a custom alert in TradingView. This allows for seamless integration with mobile notifications, email, or webhook-based automation. Highly Customizable: Provides a detailed settings menu to fine-tune every aspect of the strategy, including PSAR parameters, Fractal lookbacks, and signal visibility. Position Direction Control: Easily configure the indicator to show Buy & Sell, Buy Only, or Sell Only signals to match your market bias. How to Use Entry Signals: Look for BUY (green label below a candle) or SELL (red label above a candle) signals to initiate a trade. These appear when the lagging PSAR indicates a new trend may be starting. Managing the Trade: Take-Profit (TP): When a TP label appears, consider taking some profit off the table. Re-Entry (RE): When an RE label appears, it suggests a potential opportunity to add to your existing position. Stop Loss (SL): The red line indicates your ATR-based stop loss level. If the price touches this line, an SL label will appear, and the indicator will automatically close the conceptual trade. Exit Signals: An EXIT label (based on the PSAR reversing) signals that the primary trend may have ended, and it is time to close the position. Setting Up Alerts This indicator is designed for full alert integration. Add the indicator to your chart. Click the 'Alert' button in TradingView's top toolbar. In the 'Condition' dropdown, select "RJ Trend Trade". In the second dropdown, choose the specific signal you want an alert for (e.g., "Enter-Buy", "TP-Sell", "StopLoss-Buy"). Configure your notification preferences and click "Create". Disclaimer: This indicator is a tool for technical analysis and should not be considered financial advice. All trading involves risk. Please backtest this indicator thoroughly and use proper risk management before trading with real capital.
Pine Script® indicator
by rhitjadhav
13
Worldwide Sessions and Open Range BreakoutThis script shows when the various normal market hours for each of the major worldwide markets (Asia, New York, and London). It also draws a line on the opening range for each of these market sessions. The opening range defaults to the first 15 minutes of the session, but this can be customized. This script does automatically handle the session times regardless of your time zone or what time frame you are on. No need to set anything! This probably can't handle non-normal trading days, such as partial days. This script is made for futures, but would likely work for other markets, like Forex.
Pine Script® indicator
by tyler-johnson
LRHA Trend Shift DetectorLRHA Trend Shift Detector (TSD) The LRHA Trend Shift Detector is an advanced momentum exhaustion indicator that identifies potential trend reversals and changes by analyzing Linear Regression Heikin Ashi (LRHA) candle patterns. TSD focuses on detecting when strong directional moves begin to lose momentum. 🔬 Methodology The indicator employs a three-stage detection process: LRHA Calculation: Applies linear regression smoothing to Heikin Ashi candles, creating ultra-smooth trend-following candles that filter out market noise Extended Move Detection: Identifies sustained directional moves by counting consecutive bullish or bearish LRHA candles Momentum Exhaustion Analysis: Monitors for significant changes in candle size compared to recent averages When an extended move shows clear signs of momentum exhaustion, the indicator signals a potential trend shift with red dots plotted above or below your candlesticks. ⚙️ Parameters Core Settings LRHA Length (11): Linear regression period for smoothing calculations. Lower values = more responsive, higher values = smoother trends. Minimum Trend Bars (4): Consecutive candles required to establish an "extended move." Higher number detects longer term trend changes. Exhaustion Bars (3): Number of consecutively smaller candles needed to signal exhaustion. Lower is more sensitive. Size Reduction Threshold (40%): Percentage decrease in candle size to qualify as "exhaustion." Lower is more sensitive. Trend Trading Pullback Entries: Identify exhaustion in counter-trend moves for trend continuation Exit Strategy: Recognize when main trend momentum is fading Position Sizing: Reduce size when seeing exhaustion in your direction 🎛️ Optimization Tips For More Signals (Aggressive) - Decrease LRHA Length (7-9) - Reduce Minimum Trend Bars (2-3) - Lower Size Reduction Threshold (25-35%) For Higher Quality (Conservative) - Increase LRHA Length (13-18) - Raise Minimum Trend Bars (5-6) - Higher Size Reduction Threshold (45-55%) ⚠️ Important Notes⚠️ - **Not a Complete Strategy**: Use as confluence with other analysis methods - **Market Context Matters**: Consider overall trend direction and key support/resistance levels - **Risk Management Essential**: Always use proper position sizing and stop losses - **Backtest First**: Optimize parameters for your specific trading style and instruments
Pine Script® indicator
by B3AR_Trades
VWAP %BVWAP %B - Volume Weighted Average Price Percent B The VWAP %B indicator combines the reliability of VWAP (Volume Weighted Average Price) with the analytical power of %B oscillators, similar to Bollinger Bands %B but using volume-weighted statistics. ## How It Works This indicator calculates where the current price sits relative to VWAP-based standard deviation bands, expressed as a percentage from 0 to 1: • **VWAP Calculation**: Uses volume-weighted average price as the center line • **Standard Deviation Bands**: Creates upper and lower bands using standard deviation around VWAP • **%B Formula**: %B = (Price - Lower Band) / (Upper Band - Lower Band) ## Key Levels & Interpretation • **Above 1.0**: Price is trading above the upper VWAP band (strong bullish momentum) • **0.8 - 1.0**: Overbought territory, potential resistance • **0.5**: Price exactly at VWAP (equilibrium) • **0.2 - 0.0**: Oversold territory, potential support • **Below 0.0**: Price is trading below the lower VWAP band (strong bearish momentum) ## Trading Applications **Trend Following**: During strong trends, breaks above 1.0 or below 0.0 often signal continuation rather than reversal. **Mean Reversion**: In ranging markets, extreme readings (>0.8 or <0.2) may indicate potential reversal points. **Volume Context**: Unlike traditional %B, this incorporates volume weighting, making it more reliable during high-volume periods. ## Parameters • **Length (20)**: Period for standard deviation calculation • **Standard Deviation Multiplier (2.0)**: Controls band width • **Source (close)**: Price input for calculations ## Visual Features • Reference lines at key levels (0, 0.2, 0.5, 0.8, 1.0) • Background highlighting for extreme breaks • Real-time values table • Clean oscillator format below price chart Perfect for intraday traders and swing traders who want to combine volume analysis with momentum oscillators.
Pine Script® indicator
by shui2967
Absolute High and Low {Darkoexe}This indicator identifies and visually highlights the absolute highest and lowest closing prices on a chart. It is designed to help traders quickly recognize major price extremes that can serve as significant support/resistance levels or turning points in historical price action. 🔧 What It Does The script plots persistent horizontal lines on your chart to mark either: The absolute highest and lowest closing prices of the entire visible chart, or The highest and lowest closing prices within a custom range of candles, defined by the user. These price levels are plotted using thick green and red lines, respectively, and are updated dynamically as new highs or lows are set. ⚙️ How It Works When “Use all candles” is enabled, the script continuously updates the high and low lines based on the full price history of the chart. These lines remain until a new extreme is made. When disabled, the script checks only the most recent N candles (max bars back input). It scans this window to find and plot the highest and lowest closes. The lines extend to the right to help users visually anchor these key levels in future price action. 🎯 Use Cases Spotting extreme price levels for potential mean-reversion strategies. Confirming breakout or breakdown conditions. Defining long-term support and resistance zones. This tool is especially useful for discretionary traders who value historical context and want clear visual markers for past price extremes. ⚠️ Notes and Limitations This script is not predictive. It simply marks historical price extremes based on closing values. When using the fixed range mode (max bars back), be aware that values outside this range will not be considered. The indicator does not repaint, but in full chart mode, it updates only when a new extreme is formed.
Pine Script® indicator
by Darkoexe
Universal Scalper: Candle OR Momentum (VWAP Optional)A universal scalping alert tool that triggers based on candle and/or momentum pattern reversals, with or without the optional VWAP proximity filter. How to Use To see more momentum signals: - Set Require VWAP Proximity for Momentum Alerts? to false in the settings. - Try shorter EMAs (8/21 or 5/20). - Optionally, relax the RSI filter (e.g., <70 for longs, >30 for shorts). To require VWAP for both: - Set both toggles to true. Debug: Aqua/fuchsia squares = momentum signals. Lime/orange circles = candle pattern signals. Main triangles = overall alert. Summary Momentum alerts are rare when too many filters are combined. This script lets you control if VWAP proximity is required for each alert type, and visually shows which logic is firing. For more signals, relax filters and/or use shorter EMAs. This will ensure you get both candle and momentum alerts, with full control over VWAP filtering and easy debugging.
Pine Script® indicator
by HoustonMac
previous day H/L 15 min backtesterworks on 15 min and 5 min charts. This indicator visualizes critical daily price levels to support intraday and swing trading decisions. Specifically, it calculates and displays the Previous Day High (PDH), Previous Day Low (PDL), and the midpoint (PDM) — the average of the high and low — based on price data from the prior trading day. Each level line is anchored to start precisely at 6 PM New York time, marking the start of the trading day for many major markets. The lines then extend forward for a fixed duration, ensuring these key support and resistance zones remain visible well into the current trading session, giving traders a persistent frame of reference. This persistent extension helps traders monitor price interaction with important levels throughout the day without cluttering the chart with obsolete lines. Labels indicating PDH, PDL, and PDM are displayed clearly on the left or right side of the chart, customizable to user preference. By using this indicator, traders can better gauge potential reversal points, breakout zones, and price consolidation areas grounded on significant daily market structure, improving timing and risk management in their trading strategies.
Pine Script® indicator
by barton_evan
1 Candle SMT Divergence (Nephew_Sam_)📊 1 Candle SMT Divergence Detector 3-Way Smart Money Theory (SMT) Divergence Scanner for Multi-Symbol Analysis This indicator identifies 1-candle SMT divergences by comparing one primary symbol against up to 2 correlation symbols across multiple timeframes simultaneously. Perfect for detecting institutional smart money moves and market inefficiencies. 🎯 Key Features: 3-Way Comparison: Compare 1 "From" symbol vs 2 "To" symbols (configurable) 5 Symbol Pairs: Pre-configure up to 5 different symbol combinations Multi-Timeframe: Scan 5 timeframes simultaneously (Chart, 1H, 4H, Daily, Weekly) Smart Filtering: Only displays timeframes equal to or higher than your chart Real-Time Detection: Compares current vs previous candle highs/lows Visual Alerts: Clean table display with color-coded divergence status Line Drawing: Optional trend lines connecting divergence points Replay Compatible: Works with TradingView's replay mode 📈 How It Works: Detects when one symbol makes a higher high while correlated symbols make lower highs (and vice versa for lows). This creates SMT divergence signals that often precede significant market moves.
Pine Script® indicator
by nephew_sam_
4
Disha -- Author(VAKA)Disha means Direction. This script basically works with Heikin Ashi Candle Stick on 5 min Chart. If its AM the alert comes whether it's bullish or bearish and the target for that hour is 3-5 handles up or down from the alerted candle low or high if it's bullish or bearish. For Example if at 10:15 AM candle the alert comes as bullish expect it to move higher 3-5 handles on SPX. This script good to use only on indices/ futures. There is a small error when you use on futures during 12AM/PM hour its not giving alert at the right candle stick what I mean is its giving at 12:15 PM instead of 12:20 PM and vice versa - however it just works fine on SPX SPY QQQ etc...Just on futures its a known issue and which we are working on it.
Pine Script® indicator
by vantair
3
Million Moves Algo v4.3🧠 Million Moves Algo v4.3 – Technical Description 🎯 General Purpose The "Million Moves Algo v4.3" is a multi-functional trading indicator designed to identify high-probability buy and sell signals, combining trend-following, reversal detection, and volatility analysis. It’s built for both day trading and swing trading, with a strong focus on signal clarity and adaptability. 🧩 Core Components ✅ 1. Main Trade Signals Buy/Sell Signals: Triggered by crossovers with a customized SuperTrend algorithm. Filtered using short-term SMAs (8, 9, 13) and signal strength (measured relative to ATR). Includes spacing control (signalSpacing) to avoid cluttering the chart. Two display modes: "All Signals": shows all valid signals. "Smart Signals": filters and displays only the strongest/high-conviction signals. Reversal Signals (Reversal Up / Reversal Down): Based on RSI crossovers with overbought/oversold levels (75/25). Trigger only if signal strength and spacing filters are met. Ideal for identifying early trend shifts. ✅ 2. Trend Management Tools 200 EMA: used as a long-term trend filter. Trend Ribbon: A visual trend band made of multiple EMAs (25 to 55). Colors shift dynamically: pink for bullish trends, cyan for bearish. Trend Cloud: Formed by EMAs 150 and 250. Green when EMA150 > EMA250, red when the opposite. Chaos Trend Line: Uses EMA(20) and EMA(55) crossover to define overall trend direction (uptrend or downtrend). ✅ 3. Informative Dashboard Displays: Current volatility level (Very Low, Low, High, Very High), based on a custom ATR/stdev formula. RSI value in real-time, with green if RSI > 50 and red if RSI < 50. Users can customize the position and size of the dashboard. ✅ 4. Optional: Risk Management with TP/SL Built-in section prepared to show: Take-Profit levels: TP1, TP2, TP3 Stop Loss based on ATR multiples. Risk module is present but not fully implemented visually yet. Can be enabled through the input panel (riskmanage, tpstrength). ⚙️ Key Customizable Parameters Signal Sensitivity: Controls frequency of signal triggers (higher = fewer signals). Minimum bar spacing between signals. Signal strength filter (based on distance from SuperTrend). Candle color/style: options include trend-based, MA-based, or "CleanScalper". Enable/disable visual tools: Trend ribbon, trend cloud, chaos line, moving average, dashboard, etc. 🔔 Alerts The script includes ready-to-use conditions for: Buy Signals Sell Signals Reversal Up Reversal Down These are currently commented out but can be activated by simply uncommenting the alertcondition() lines. 👨‍💻 Best Suited For... Intraday traders operating on short timeframes (1min, 5min, 15min, 1h). Swing traders seeking strong trend confirmation or early reversal opportunities. Traders who prefer a structured, visual trading system with customizable behavior.
Pine Script® indicator
by agspro
Math by Thomas SMC Swing Range + Premium/Discount ZonesDescription: "Math by Thomas – SMC Swing Range + Premium/Discount Zones" is a Smart Money Concepts (SMC) based indicator designed to help traders visually understand market structure and value zones. This tool automatically detects and marks: 🔺 Recent Swing Highs and Lows 🟧 Midpoint Line between swing high and low 🟥🟩 Premium/Discount Zones for value-based entries 🔤 HH, HL, LH, LL Labels to identify trend structure 🔁 BoS (Break of Structure) and CHoCH (Change of Character) confirmations Built with Pine Script v6, this indicator is optimized for both intraday and positional traders who rely on structure-based decision-making. 🛠️ How to Use: Apply to any chart – Works on all timeframes and instruments. Swing High/Low Detection: Uses pivot logic with adjustable strength to find recent key turning points. Displays shaded horizontal boxes for visual clarity. Midpoint Line: Automatically drawn between the last high and low. Acts as the fair value level for identifying overbought/oversold zones. Premium/Discount Zones: Above midpoint = Premium (consider shorting). Below midpoint = Discount (consider buying). Structure Labels: HH (Higher High), HL (Higher Low), LH (Lower High), LL (Lower Low). Color-coded to reflect bullish or bearish trends. BoS & CHoCH: Structural breaks are labeled automatically to signal possible trend continuation or reversal. ⚙️ Settings: 🎯 Pivot Strength – Adjusts how far back/forward candles must confirm a swing. ✅ Toggle visibility of: Swing Lines Labels BoS / CHoCH Premium / Discount zones 🎨 Customize colors for each visual component. 🧠 Best Practices: Use in combination with Order Blocks, Fair Value Gaps, or Volume Imbalances. Ideal for traders applying Smart Money Concepts (SMC) with a structure-first mindset.
Pine Script® indicator
by MathThomas
2
Multi Asset Comparative📊 Multi Asset Comparative – Compare Baskets of Cryptos Visually This indicator allows you to compare the performance of two groups of cryptocurrencies (or any assets) over time, using a clean and intuitive chart. Instead of looking at each asset separately, this tool gives you a global view by showing how one group performs relative to another — all displayed in the form of candlesticks. 🧠 What This Tool Is For Markets constantly shift, and capital rotates between sectors or tokens. This script helps you visually track those shifts by answering a key question: "Is this group of assets getting stronger or weaker compared to another group?" For example: Compare altcoins vs Bitcoin Track the DeFi sector vs Ethereum Analyze your custom portfolio vs the market Spot moments when money flows from majors to smaller caps, or vice versa 🧩 How It Works (Simplified) You select two groups of assets: Group 1 (up to 20 assets) — the one you want to analyze Group 2 (up to 5 assets) — your comparison baseline The indicator then creates a single line of candles that represents the performance of Group 1 compared to Group 2. If the candles go up, it means Group 1 is gaining strength over Group 2. If the candles go down, it's losing ground. This lets you see market dynamics in one glance, instead of switching charts or running calculations manually. 🚀 Why It's Unique Unlike many indicators that just show data from one asset, this one provides a bird's-eye view of multiple assets at once — condensed into a simple visual ratio. It’s: Customizable (you choose the assets) Visual and intuitive (no need to interpret tables or formulas) Actionable (helps with trend confirmation, macro views, and market rotation) Whether you're a swing trader, a macro analyst, or building your own strategy, this tool can help you spot opportunities hidden in plain sight. ✅ How to Use It Choose your two groups of assets (e.g., altcoins vs BTC/ETH) Watch the direction of the candles: Uptrend = Group 1 gaining strength over Group 2 Downtrend = Group 1 weakening Use it to confirm market shifts, anticipate rotations, or analyze sector strength
Pine Script® indicator
by Nico_Crypto_
EMA Trend (Long Only) - ATR Stop, No TrailingThis strategy is designed to capture medium- and long-term uptrends in Bitcoin on the 1-day timeframe. It uses a combination of moving average crossovers, momentum confirmation, and trend strength filters to identify high-quality long entries, while controlling risk with a dynamic stop-loss. ⚙️ How It Works: Long Entry Conditions: ✅ 20 EMA crosses above 50 EMA — trend trigger ✅ +DI > -DI — directional strength ✅ RSI > 40 — confirms bullish momentum ✅ ADX > 5 — filters low-trend environments ✅ EMA separation > 0.0% — prevents flat crossovers Exit Conditions: ❌ Manual exit when 20 EMA crosses below 50 EMA ❌ Stop-loss triggered at 4× ATR below entry price 📈 Key Features: Focuses on high-quality trend entries Designed for swing traders or position traders Works best on Bitcoin 1D chart, but adaptable to other assets 🔧 Customizable Inputs: EMA lengths RSI threshold ADX minimum value ATR stop-loss multiplier Minimum EMA separation filter ⚠️ Notes: Long-only (no short trades) Works best in trending markets Filters can be adjusted to increase or reduce trade frequency
Pine Script® strategy
by garcia116
Greer Value📈 Greer Value This indicator evaluates the year-over-year (YoY) growth consistency of five key fundamental metrics for any stock: Book Value Per Share Free Cash Flow Operating Margin Total Revenue Net Income The script tracks whether each metric increases annually based on financial statement data (FY), then calculates both individual and aggregate increase percentages over time. A color-coded table is displayed on the most recent bar showing: Raw counts of increases vs. checks per metric Percentage of years with growth Overall "Greer Value" score indicating total consistency across all five metrics ✅ Green = Strong YoY growth ❌ Red = Weak or inconsistent growth Use this tool to help identify fundamentally improving companies with long-term value creation potential.
Pine Script® indicator
by controllinghand
1
4-EMA Signals + MTF Analysis4-EMA Signals + MTF Analysis Indicator: User Guide This indicator is designed for active traders; from scalpers / intra-day traders to swing-traders who simply want an easy to understand, simple, but yet comprehensive and easy-to-understand indicator with a quick overview of initial market momentum and overall market direction to assist the trader in their initial trading. The main feature of this indicator is that It overlays four exponential moving averages (EMAs), and provides a dashboard of real-time trend signals for both buy and sell (long/short) scenarios. Settings Overview MA Period Setup Custom: Set your own EMA periods. Conservative, Aggressive, Fibonacci: Quickly apply preset EMA period combinations for different trading styles. EMA Periods (Custom Setup) Fast EMA: Shortest EMA, reacts quickly to price (default 7). Medium-Short EMA: Intermediate speed (default 25). Medium-Long EMA: Slower, filters out more noise (default 70). Slow EMA: Longest-term trend (default 200). (These settings can be adjusted to suit your individual needs) Main Indicator Features Four EMAs : Plotted in distinct colors (green, yellow, orange, red) for quick trend recognition - this can be altered in colour to your personal preferences. Buy/Sell Signals : Triangles appear below/above bars when EMA crossovers occur, optionally filtered by volume - the volume filter when applied greatly reduces the influx of signals, only giving high-quality signals! Trading Sessions + Backgrounds : A trading session feature has been added: (London, New York, Asia, Sydney) with the choice of a background to indicate each global trading session. Volume Overlay : Volume bars and a blue volume moving average line for context. Dashboard Table (Top Right): Market Direction: Shows the overall EMA alignment (bullish, bearish, weak, consolidating). The initial trend on the 5m, 15m, 1H, and 4H time-frame to give a quick snapshot of overall trend direction. How to Use Trend Identification : -- Use the EMA alignment and dashboard table to quickly see if the market is bullish, bearish, or consolidating. EMA Set-up -- Adjust the EMA settings to your specific requirements, the signals will alter depending on the volatility of the instrument your trading. Signal Confirmation : -- ''Buy'' signals simply appear when the faster EMAs cross above slower EMAs in and ''Sell'' signals simply appear when they cross below. Volume Context : --Use the volume moving average and the optional volume filter to avoid signals during low-activity periods. No Repainting : -- All signals and dashboard readings are calculated using only confirmed, closed bars. What you see in real time is exactly what will appear in your back-test — no repainting or look-ahead bias. Alerts / Notifications Now for the fun part: 1. Enable Buy/Sell Signal Alerts: Get notifications when buy or sell signals occur. 2. For Alerts to function correctly, set the ''condition'' to the indicator itself. 3. Select ''EMA Bearish Cross'' or ''EMA Bullish Cross'' depending whether you want alerts for either buy/sell signals - Or one can simply set alerts for both scenarios. 4. For ''Interval'' set to ''Same as chart'' - So, the time-frame which you'd like to trade on. 5. For ''Trigger'' set to ''Once Per Bar Close''. 6. Save. 7. Wait for a signal to occur! NOTE: Before placing a trade, it's often best to also assess the market conditions at that time also - and not rely solely on the signals, the signals are to assist, and it's often occurred a signal has shown, but a pull-back occurs, and a FVG in discount holds -- it's this FVG holding, accompanied by volume, that's the real entry, possibly. Tip: For the cleanest results, use the indicator during the most active sessions and always check multi-time-frame trend alignment before entering trades. Good Luck! :)
Pine Script® indicator
by Troste_1