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Smoothed Heiken Ashi Candles With Alternate Chart IntervalWhen trading, we tend to have one or more preferred chart time interval. If using HA candles for trend analysis, you may watch HA candles on each of those preferred interval, using multiple charts for a given symbol. However, having an indicator that plots HA candles for the given chart interval, as well the HA candles based on another interval on the same chart, provides the ability to watch HA reactions on multiple chart intervals more easily. As an example, you like to watch the 5 minute chart with HA candles, but also prefer to use the 30 minute chart and HA candles for confirmation of a reversal/retrace. This indicator provides the convenience of monitoring your 5 minute chart, and setting alternate HA interval to 30 minute, thereby showing each set of the HA candles together on the same chart. The alternate HA candles are calculated based on the selected chart interval, defaulting to 5 minutes. The default HA and alternate HA candles are calculated and smoothed using the selected EMA length. Both default to 13.
Pine Script® indicator
by Skinny67
MA Smoothed RSI For Loop | OpusMA Smoothed RSI For Loop | Opus Technical Indicator Overview The MA Smoothed RSI For Loop | Opus is an innovative technical tool 🛠️ that combines traditional RSI with multiple moving average smoothing options and a unique for-loop calculation method. This indicator provides enhanced trend detection and momentum analysis by applying customizable moving averages to the RSI calculation and implementing a weighted comparison system across multiple timeframes. Key Features 🌟 • Multi-MA Smoothing Options ✅: Supports 8 different moving average types (EMA, SMA, WMA, VWMA, HMA, RMA, DEMA, or None) for RSI smoothing 📊 • Weighted For-Loop Analysis 🔄: Implements a sophisticated loop calculation that compares current values against historical data with optional weighting ⚡ • Dynamic Color Signals 🎨: Features customizable color themes (Synthwave, Origins, Outrun, Lush, Eighties, Sapphire, Scarlet Blues) for enhanced visual interpretation 🎯 • Comprehensive Dashboard 📊: Includes a detailed information panel with signal strength, trend direction, and duration metrics 📈 Usage Guidelines 📋 • Bullish Signal (Above Upper Threshold) ✅: Enter long positions when the indicator crosses above the upper threshold (default 40) 🚀 • Bearish Signal (Below Lower Threshold) ❌: Consider short positions when the indicator falls below the lower threshold (default -40) 🛑 • Trend Confirmation : Use the weighted for-loop calculation to confirm trend strength and direction 💪 • Signal Stars : Watch for decorative signal markers that appear at trend changes ⭐ Customizable Settings ⚙️ RSI Settings : • Length : Adjust the RSI calculation period (default: 14) 🔧 • Source : Select price source for RSI calculation (default: close) 📊 Moving Average Options : • Type : Choose from 8 different MA types for smoothing 📈 • Smooth Length : Set the period for MA smoothing (default: 3) ⚙️ For Loop Parameters : • Range : Define the comparison range (default: 1 to 50) 🔄 • Weighted Calculation: Toggle weighted vs. unweighted comparison 🎚️ Threshold Settings : • Upper Threshold: Adjust bullish signal level (default: 40) 📈 • Lower Threshold: Adjust bearish signal level (default: -40) 📉 Applications 🌍 The MA Smoothed RSI For Loop | Opus is particularly effective for: • Trend identification and confirmation across multiple timeframes • Momentum analysis with reduced noise through MA smoothing • Entry and exit signal generation with customizable sensitivity • Market regime detection through the weighted for-loop calculation Technical Methodology (Bonus Section) 🔍 1. RSI Calculation : • Computes traditional RSI using the specified price source and length • Applies the selected moving average type to smooth the RSI values 2. For-Loop Analysis : • Compares current values against historical data within the specified range • Implements optional weighting to give more importance to recent price action 3. Signal Generation : • Generates signals based on threshold crossings • Calculates trend strength and duration for additional confirmation The indicator includes built-in alerts for both long and short signals, a customizable dashboard with three display styles (Minimal, Standard, Full), decorative elements like pulse effects and signal stars for enhanced visualization, and supports multiple color themes for different visual preferences. All under a Creative Commons Attribution-NonCommercial 4.0 International License (CC BY-NC 4.0) © 2025 Opus Capital 💼.
Pine Script® indicator
by OpusCapital
Grok Scalper M5 //@version=5 indicator("Grok Scalper M5", overlay=true, shorttitle="GROK-M5") // === Inputs === // --- Geral --- timeframe = input.timeframe("5", "Timeframe (ex.: 5 para M5)", group="Configurações Gerais") side_threshold = input.float(0.3, "Lateral Threshold (%)", minval=0.1, maxval=1.0, step=0.1, group="Configurações Gerais", tooltip="Diferença mínima para definir tendência") // --- Períodos --- ema5_period = input.int(5, "EMA5 Period", minval=1, group="Períodos") ema9_period = input.int(9, "EMA9 Period", minval=1, group="Períodos") ema20_period = input.int(20, "EMA20 Period", minval=1, group="Períodos") ema41_period = input.int(41, "EMA41 Period", minval=1, group="Períodos") ema8_period = input.int(8, "EMA8 Period (Sinal)", minval=1, group="Períodos") sma50_period = input.int(50, "SMA50 Period", minval=1, group="Períodos") sma100_period = input.int(100, "SMA100 Period", minval=1, group="Períodos") ma200_period = input.int(200, "MA200 Period", minval=1, group="Períodos") hilo_period = input.int(13, "HiLo Period", minval=1, group="Períodos") rsi_period = input.int(5, "RSI Period", minval=1, group="Períodos") candle_up = input.color(color.green, "Candle Up", group="Cores") candle_down = input.color(color.red, "Candle Down", group="Cores") candle_side = input.color(color.blue, "Candle Side", group="Cores") ma_up = input.color(color.green, "Médias Up", group="Cores") ma_down = input.color(color.red, "Médias Down", group="Cores") ma_side = input.color(color.yellow, "Médias Side", group="Cores") rsi_buy = input.int(40, "RSI Buy Level", minval=0, maxval=100, group="Filtros") rsi_sell = input.int(60, "RSI Sell Level", minval=0, maxval=100, group="Filtros") vol_mult = input.float(1.5, "Volume Multiplier", minval=1.0, step=0.1, group="Filtros", tooltip="Volume mínimo para validar sinal") / ema5 = ta.ema(close, ema5_period) ema9 = ta.ema(close, ema9_period) ema20 = ta.ema(close, ema20_period) ema41 = ta.ema(close, ema41_period) ema8 = ta.ema(close, ema8_period) sma50 = ta.sma(close, sma50_period) sma100 = ta.sma(close, sma100_period) ma200 = ta.sma(close, ma200_period) // HiLo hilo = ta.sma((high + low) / 2, hilo_period) // RSI rsi = ta.rsi(close, rsi_period) rsiBuyCond = rsi > rsi_buy and rsi > rsi rsiSellCond = rsi < rsi_sell and rsi < rsi // Volume volMA = ta.sma(volume, 10) volCond = volume >= volMA * vol_mult // Tendência diff = math.abs((ema5 - ema20) / close) * 100 isUp = ema5 > ema20 and close > hilo and diff > side_threshold isDown = ema5 < ema20 and close < hilo and diff > side_threshold isSide = not isUp and not isDown // Coloração maColor = isUp ? ma_up : isDown ? ma_down : ma_side plot(ema5, color=maColor, title="EMA5", linewidth=1) plot(ema9, color=maColor, title="EMA9", linewidth=1) plot(ema20, color=maColor, title="EMA20", linewidth=1) plot(ema41, color=maColor, title="EMA41", linewidth=1) plot(ema8, color=maColor, title="EMA8", linewidth=1) plot(sma50, color=maColor, title="SMA50", linewidth=1) plot(sma100, color=maColor, title="SMA100", linewidth=1) plot(ma200, color=maColor, title="MA200", linewidth=2) plot(hilo, color=color.purple, title="HiLo", linewidth=1)
Pine Script® indicator
by miroharthman
DEMA SuperTrend | OpusDEMA SuperTrend | Opus Technical Indicator Overview The DEMA SuperTrend | Opus is an advanced trend-following indicator 🛠️ that enhances the traditional Supertrend with Double Exponential Moving Average (DEMA) smoothing for improved responsiveness and reduced lag. Overlaying directly on the price chart, this indicator offers dynamic trend detection with customizable themes, making it a versatile tool for traders navigating market movements. Key Features 🌟 DEMA-Enhanced Supertrend ✅: Integrates DEMA smoothing (default length: 9) with Supertrend calculations for sharper trend signals. Adaptive Trend Lines 📉: Plots uptrend and downtrend lines that adjust based on price action and volatility, with customizable color themes. Buy & Sell Signals 🚦: Marks entry points with ▲ for long signals and ▼ for short signals when trend direction shifts. Gradient Visualization 🎨: Features a multi-layered gradient fill between the Supertrend line and price, reflecting trend intensity with a thematic color scheme. Customizable Themes 💡: Offers seven visual themes (Synthwave, Outrun, Lush, Eighties, Sapphire, Scarlet Blues, Origins) to personalize the display. Custom Alerts 🔔: Provides real-time notifications for long and short signals to keep traders informed. Usage Guidelines 📋 Long Signal (▲) ✅: Enter long positions when the trend shifts to an uptrend (marked by ▲), indicated by the uptrend line, suggesting bullish momentum. Short Signal (▼) ❌: Exit or short when the trend shifts to a downtrend (marked by ▼), supported by the downtrend line, signaling bearish momentum. Trend Confirmation: Follow the Supertrend line’s direction—uptrend for bullish, downtrend for bearish—to align with market trends. Volatility Insight: Monitor gradient intensity—darker fills indicate stronger trends, while lighter fills suggest weakening momentum. Customizable Settings ⚙️ Supertrend Parameters: Adjust Supertrend length (default: 2) and multiplier (default: 3.35) to control band sensitivity 🔧. DEMA Settings: Set DEMA length (default: 9) and select the source (default: HLC3) for smoothing 🎚️. Visualization Theme: Choose from Synthwave, Outrun, Lush, Eighties, Sapphire, Scarlet Blues, or Origins to customize colors 📏. Gradient Options: Modify gradient layer count (default: 5) and opacity (max: 50) for a tailored visual effect 🖌️. Applications 🌍 The DEMA SuperTrend | Opus is ideal for traders seeking a responsive, visually appealing tool for trend-following strategies. Its DEMA-enhanced design, thematic customization, and gradient visualization make it perfect for identifying trend direction, timing entries/exits, and adapting to various market conditions. All under a Creative Commons Attribution-NonCommercial 4.0 International License (CC BY-NC 4.0) © 2025 Opus Capital 💼.
Pine Script® indicator
by OpusCapital
JW Momentum IndicatorJW Momentum Indicator This indicator provides clear and actionable buy/sell signals based on a combination of volume-enhanced momentum, divergence detection, and volatility adjustment. It's designed to identify potential trend reversals and momentum shifts with a focus on high-probability setups. Key Features: Volume-Enhanced Momentum: The indicator calculates a custom oscillator that combines momentum with volume, giving more weight to momentum when volume is significant. This helps to identify strong momentum moves. Divergence Detection: It detects bullish and bearish divergences using pivot highs and lows, highlighting potential trend reversals. Volatility-Adjusted Signals: The indicator adjusts signal sensitivity based on the Average True Range (ATR), making it more reliable in varying market conditions. Clear Visuals: Buy and sell signals are clearly indicated with up and down triangles, while divergences are highlighted with distinct labels. How to Use: Buy Signals: Look for green up triangles or bullish divergence labels. Sell Signals: Look for red down triangles or bearish divergence labels. Oscillator and Thresholds: Use the plotted oscillator and thresholds to confirm signal strength. Parameters: Momentum Period: Adjusts the length of the momentum calculation. Volume Average Period: Adjusts the length of the volume average calculation. Volatility Period: Adjusts the length of the ATR calculation. Volatility Multiplier: Adjusts the sensitivity of the volatility-adjusted signals. Disclaimer: This indicator is for informational purposes only and should not be considered financial advice. Always conduct 1 thorough research and use appropriate risk management techniques when trading.  
Pine Script® indicator
by Jesse236
Triple EMA + Volume/Price SignalsOverview This script merges three exponential moving averages (EMA) with adaptive volume thresholds to identify high-confidence trends. Unlike basic volume indicators, it triggers signals only when volume exceeds both a user-defined absolute value (e.g., 500k) and a percentage increase (e.g., 5%) – reducing noise in volatile markets. Key Features Triple EMA System: Short (9), Medium (21), and Long (50) EMAs for trend direction. Bullish Signal: Short EMA > Medium EMA > Long EMA. Bearish Signal: Short EMA < Medium EMA < Long EMA. Dual-Threshold Volume Confirmation: Absolute Volume: Highlight bars where volume exceeds X (e.g., 500,000). Percentage Increase: Highlight bars where volume rises by Y% (e.g., 5%) vs. prior bar. Users can enable/disable either threshold. Customizable Alerts: Trigger alerts only when both EMA alignment and volume conditions are met. How It Works Trend + Volume Synergy: A bullish EMA crossover alone might be a false breakout. This script requires additional volume confirmation (e.g., 500k volume + 5% spike) to validate the move. Flexibility: Adjust thresholds for different assets: Stocks: Higher absolute volume (e.g., 1M shares). Crypto: Smaller absolute volume but larger % spikes (e.g., 10%). Usage Examples Swing Trading: Set EMA lengths to 20/50/200 and volume thresholds to 500k + 5% on daily charts. Scalping: Use 5/13/21 EMAs with 100k volume + 3% spikes on 5-minute charts.
Pine Script® indicator
by rizemeps
XTE+ Optimized Trend Tracker📊 XTE+ Optimized Trend Tracker (OTT) XTE+ OTT is a powerful, trend-following indicator designed for traders who value clarity, precision, and advanced analytics. It offers not only accurate entry and exit signals but also visual zones, historical signal analysis, and real-time trend monitoring. 🧠 How It Works XTE+ OTT is based on an improved version of the Optimized Trend Tracker. It utilizes multiple customizable moving average types (VAR, EMA, SMA, WMA, and more) combined with volatility filtering (ATR logic) to generate cleaner, more reliable trend-following signals. ✅ Features Trend Direction Detection with automatic switch logic Buy/Sell Signal Icons with distinct large markers Entry/Exit Zones drawn visually on chart Custom Take-Profit / Stop-Loss settings for Buy and Sell signals Statistical Panel showing: Current Trend (Up/Down) Number of total signals Number of winning trades Win percentage Configurable Display Options: Show/hide signals Show/hide trend zones Show/hide OTT and MA lines Supports multiple MA types including EMA, SMA, VAR, ZLEMA, TSF and more Non-repainting logic — signals are confirmed at bar close ⚙️ Inputs and Customization OTT Period & Sensitivity (%) MA Type Selection (VAR, EMA, etc.) Entry Zone Visualization On/Off Trend Panel Display On/Off TP/SL % per direction (Buy/Sell separately) Option to disable MA or OTT line display 📈 Visuals Signal icons: BUY (Green Up Label), SELL (Red Down Label) Entry zones: circles near breakout levels Trendlines change color dynamically (green for uptrend, red for downtrend) Trend Panel is pinned in the top-right corner for quick reference 💡 Usage Tips Best used on higher timeframes (15min, 1H, 4H+) for more meaningful trend signals Combine with volume/volatility indicators or support/resistance zones for enhanced decision making Use TP/SL logic to track signal success over time and optimize strategies 📌 Disclaimer This script is for educational and informational purposes only. It is not financial advice. Always test and validate your strategy before applying it in live markets.
Pine Script® indicator
by mksmining
Custom VWAPThe Custom VWAP indicator provides traders with a streamlined approach to tracking Volume Weighted Average Price (VWAP) across multiple timeframes. Unlike standard VWAP indicators that limit users to a single timeframe, this tool allows multiple VWAPs to be enabled simultaneously, including Session, Weekly, Monthly, Yearly, and an RTH (Regular Trading Hours) VWAP. Features: Multi-Timeframe Support: Enable or disable individual VWAPs without adding multiple indicators. RTH VWAP Option: Includes a dedicated RTH VWAP, which is not available in the standard TradingView VWAP tool. Customizable Labels & Styling: Adjust colors, line widths, and label placements to match your charting preferences, keeping the chart organized. Horizontal VWAP Lines: Optional horizontal lines provide clear price level visualization. Automatic Reset: VWAPs update at the start of each session, week, month, or year, ensuring accurate calculations without manual adjustments. This indicator is useful for traders who rely on VWAP levels for decision-making while keeping their charts clean and efficient.
Pine Script® indicator
by Vermont_Trader18
1
Pre-Market High/Low (Static Lines + Labels) Pre-Market Range ✅ Draws the Pre-Market High & Low from 4:00 AM to 9:30 AM ET using accurate 1-minute intraday data. Static Lines 📏 Plots dashed horizontal lines that remain visible all day across all timeframes — including 1m, 5m, 15m, 1h, 4h, and Daily. Price Labels 🔖 Includes real-time price labels so you can easily reference exact pre-market levels on the chart. Session Lock 🕒 Lines are locked in after 9:30 AM and remain visible even if you switch timeframes or turn off extended hours. Trading Utility 🎯 Ideal for identifying key breakout levels, intraday support/resistance zones, and setting risk parameters.
Pine Script® indicator
by stella_mer
Smart Dynamic Levels [ATR-Based]Smart Dynamic Levels Automated Support & Resistance Levels Based on Market Volatility Overview: This advanced indicator automatically plots dynamic support and resistance levels based on the Average True Range (ATR), creating meaningful price zones that adapt to changing market conditions. Unlike static round-number levels, these volatility-adjusted zones provide more relevant technical reference points. Key Features: Volatility-Responsive: Levels automatically adjust based on the asset's ATR Smart Visualization: Color gradient shows strength of each level (darker = stronger) Bullish (green) levels below price, bearish (red) levels above Customizable Settings: Adjust ATR length (14-period default) Modify level sensitivity with ATR multiplier (1.5x default) Choose number of levels to display (5 above/below default) Toggle labels and line extensions How It Works: Calculates the asset's true volatility using ATR Rounds to significant price intervals based on current volatility Plots equidistant levels above and below current price Colors levels based on their position relative to price Automatically updates as market conditions change Recommended Use: Day Trading: Identify intraday support/resistance zones Swing Trading: Spot potential reversal areas Breakout Trading: Watch for moves beyond key levels Works on all markets: Stocks, Forex, Crypto, Futures Settings Guide: ATR Length: Higher values for smoother levels (14-20) Multiplier: Increase for wider levels (1.5-3x) Levels Count: More levels for higher timeframes (3-10) Pro Tips: Combine with trend analysis - levels are more significant when aligned with trend Watch for price reactions at these levels for confirmation Use wider levels (higher multiplier) for volatile assets
Pine Script® indicator
by PIXEL_BLADE
1
GQT GPT - Volume-based Support & Resistance Zones V2搞钱兔，搞钱是为了更好的生活。 Title: GQT GPT - Volume-based Support & Resistance Zones V2 Overview: This strategy is implemented in PineScript v5 and is designed to identify key support and resistance zones based on volume-driven fractal analysis on a 1-hour timeframe. It computes fractal high points (for resistance) and fractal low points (for support) using volume moving averages and specific price action criteria. These zones are visually represented on the chart with customizable lines and zone fills. Trading Logic: • Entry: The strategy initiates a long position when the price crosses into the support zone (i.e., when the price drops into a predetermined support area). • Exit: The long position is closed when the price enters the resistance zone (i.e., when the price rises into a predetermined resistance area). • Time Frame: Trading signals are generated solely from the 1-hour chart. The strategy is only active within a specified start and end date. • Note: Only long trades are executed; short selling is not part of the strategy. Visualization and Parameters: • Support/Resistance Zones: The zones are drawn based on calculated fractal values, with options to extend the lines to the right for easier tracking. • Customization: Users can configure the appearance, such as line style (solid, dotted, dashed), line width, colors, and label positions. • Volume Filtering: A volume moving average threshold is used to confirm the fractal signals, enhancing the reliability of the support and resistance levels. • Alerts: The strategy includes alert conditions for when the price enters the support or resistance zones, allowing for timely notifications. ⸻ 搞钱兔，搞钱是为了更好的生活。 标题： GQT GPT - 基于成交量的支撑与阻力区间 V2 概述： 本策略使用 PineScript v5 实现，旨在基于成交量驱动的分形分析，在1小时级别的图表上识别关键支撑与阻力区间。策略通过成交量移动平均线和特定的价格行为标准计算分形高点（阻力）和分形低点（支撑），并以自定义的线条和区间填充形式直观地显示在图表上。 交易逻辑： • 进场条件： 当价格进入支撑区间（即价格跌入预设支撑区域）时，策略在没有持仓的情况下发出做多信号。 • 离场条件： 当价格进入阻力区间（即价格上升至预设阻力区域）时，持有多头头寸则会被平仓。 • 时间范围： 策略的信号仅基于1小时级别的图表，并且仅在指定的开始日期与结束日期之间生效。 • 备注： 本策略仅执行多头交易，不进行空头操作。 可视化与参数设置： • 支撑/阻力区间： 根据计算得出的分形值绘制支撑与阻力线，可选择将线条延伸至右侧，便于后续观察。 • 自定义选项： 用户可以调整线条样式（实线、点线、虚线）、线宽、颜色及标签位置，以满足个性化需求。 • 成交量过滤： 策略使用成交量移动平均阈值来确认分形信号，提高支撑和阻力区间的有效性。 • 警报功能： 当价格进入支撑或阻力区间时，策略会触发警报条件，方便用户及时关注市场变化。 ⸻
Pine Script® strategy
by Tuzi_GQT
Проторговка с прямоугольниками и уведомлениямиThe script detects consolidation zones. It works simply. It takes n bars of history (15 by default) – this is the period used to search for levels. You may need to adjust this depending on the coin, but 15 usually works well. "Total volume threshold for consolidation" – this is set to a high default value. You should adjust it based on the asset you're analyzing. "Consolidation accumulation color" – the color used when volume is dropping. "High volatility color" – the color used when volume is approaching the "Total volume threshold for consolidation." How the indicator works: The indicator draws a box covering the last 15 candles. It monitors whether the box is compressing – meaning the support and resistance levels are getting closer (even by a small amount). It remembers this moment. Second condition: the total volume must be below the specified threshold. If both conditions are met, an alert is triggered, which you can subscribe to. How to use it: If the indicator catches your attention, observe which direction the price is being squeezed. Squeezing means both green and red candles are forming near the support/resistance level. If the squeeze aligns with your formation or setup, you can consider entering a position. Stop-loss can be set just below the nearest low. Trendlines This indicator doesn’t detect trendline breakouts, but it still fires alerts based on compression logic, which can also work for flags. You’ll want to watch for price being pressed against trendline levels.
Pine Script® indicator
by Bimawa
Rolling ATR Momentum Rolling ATR Momentum Indicator – User Manual --- 🔍 Overview The Rolling ATR Momentum Indicator is a simple yet powerful tool designed to detect shifts in market volatility. It compares the current Average True Range (ATR) with the ATR from a previous point in time to measure how market volatility is changing. This indicator is especially useful for: - Spotting the beginning or fading of a momentum phase - Filtering out low-volatility market conditions - Enhancing timing for entries and exits in trending or breakout trades --- 📊 Key Components ✅ ATR Delta (Rolling) - Definition: `ATR Delta = Current ATR - Past ATR` - Inputs: - ATR Period (default: 14): The base ATR calculation window - Lookback Period (default: 5): How many bars ago to compare ATR - Interpretation: - Positive ATR Delta (Green Line): Market volatility is increasing - Negative ATR Delta (Red Line): Market volatility is decreasing 📈 Zero Line - A horizontal baseline at zero helps you easily see when ATR momentum shifts from negative to positive (or vice versa). 🟩/🟥 Background Color - Green Background: ATR Delta is positive (rising volatility) - Red Background: ATR Delta is negative (falling volatility) 🔵 Optional: ATR Reference Lines - You can optionally display raw Current ATR and Past ATR by changing their visibility settings. --- ✅ How to Use It Entry Timing (Futures/Options) - Use ATR Delta as a filter: - Only take trades when ATR Delta is positive → confirms momentum is building - Avoid trades when ATR Delta is negative → market might be slow, sideways, or losing steam Breakout Anticipation - A rising ATR Delta after a tight range or consolidation can suggest that a breakout is underway Stop-loss Strategy - Use high ATR periods for wider stops (to avoid noise) - Use low ATR periods for tighter stops or skip trading --- 🧠 Pro Tips - This indicator doesn’t predict direction—combine with trend or price structure tools (like EMA, PPMA, candlesticks) - Works best in trending or breakout environments - Add it to multi-timeframe layouts to see volatility buildup on higher timeframes --- ⚙️ Settings | Parameter | Description | |----------|-------------| | ATR Period | Length of the ATR calculation (default 14) | | Lookback Period | How many bars back to compare ATR values | --- 🧭 Best For: - Index futures (Nifty, BankNifty) - Option buyers needing volatility confirmation - Intraday & swing traders looking to trade momentum setups --- Use the Rolling ATR Momentum indicator as your volatility radar—simple, clean, and highly effective for staying on the right side of market energy. End of Manual
Pine Script® indicator
by abgaur01
Ehlers Reverse EMAOverview The Ehlers Reverse EMA is an advanced momentum indicator designed by John Ehlers and implemented here with additional features for improved trading decision-making. This indicator helps identify trend direction, potential reversals, and generates precise buy/sell signals based on multiple confirmation methods. What Makes It Unique Unlike conventional EMAs, the Ehlers Reverse EMA uses a sophisticated reverse-engineering approach to provide smoother, more responsive signals with reduced lag. The indicator combines a proprietary EMA calculation with optional moving average confirmation to filter out market noise and highlight meaningful price movements. Features Dynamic Color Coding: Green when momentum is positive, red when negative Moving Average Overlay: Optional MA with selectable types (SMA, EMA, WMA, VWMA) Multiple Signal Generation Methods: Zero-Line Crossovers: Signals when momentum shifts from positive to negative or vice versa MA Crossovers: Signals when the Ehlers EMA crosses its own moving average Combined Confirmation: Requires both zero-line and MA crossovers for highest probability signals On-Chart Signal Visualization: Clear buy/sell arrows directly on the price chart Customizable Parameters: Adjust alpha value, MA type, and signal generation to suit your trading style How To Use Add the main "Ehlers Reverse EMA" indicator to your chart Add the companion "EREMA Signals" indicator to display buy/sell signals on the price chart Ensure both indicators have matching settings for consistency Signal Interpretation Buy Signals (Green Triangles): Appear below price bars when conditions are met Sell Signals (Red Triangles): Appear above price bars when conditions are met Recommended Timeframes Works well on all timeframes from 5-minute to daily charts. For swing trading, 4H or daily timeframes often provide the most reliable signals. Strategy Applications Trend Following: Use zero-line crossovers to enter with the trend Momentum Trading: Use MA crossovers for entry and exit points Confirmation Tool: Combine with price action or other indicators for higher-probability trades Divergence Analysis: Compare indicator movement with price action to spot potential reversals Parameter Settings Alpha (Default: 0.1): Lower values create smoother lines but more lag; higher values increase responsiveness but may increase false signals MA Length (Default: 14): Adjust based on your trading timeframe and style This versatile indicator helps identify high-probability trading opportunities while filtering out market noise, making it valuable for both novice and experienced traders alike.
Pine Script® indicator
by AlgoCollective