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Previous Day High & Low with Breakout Zones📌 Script Summary: Previous Day High/Low with Breakout Zones and Alerts This Pine Script plots the previous day’s high and low on intraday charts, and highlights when the current price breaks out of that range during regular trading hours. ✅ Key Features • Previous Day High/Low Lines: Draws horizontal lines at the prior day’s high and low, updated daily. • Time-Filtered Session (09:15–15:30 IST): All logic applies only during Indian market hours. • Breakout Zone Highlighting: • 🟩 Green background when price closes above previous high • 🟥 Red background when price closes below previous low • Dynamic Labels: Displays labeled levels each day on the chart. • Alerts: • 🔼 Triggered when price crosses above the previous day’s high. • 🔽 Triggered when price crosses below the previous day’s low. • Customizable Inputs: • Enable/disable alerts • Toggle breakout zone highlights • Set label offset ⚙️ Optimized For • Intraday timeframes (e.g., 5m, 15m, 1h) • Trading during NSE/BSE market hours • Breakout strategy traders and range watchers
Pine Script® indicator
by vasireddiramu78
Swing High/Low with Liquidity Sweeps🧠 Overview This indicator identifies swing highs and swing lows based on user-defined candle lengths and checks for liquidity sweeps—situations where the price breaks a previous swing level but then closes back inside, indicating a potential false breakout or stop hunt. It also supports visual labeling and alerts for these events. ⚙️ Inputs Swing Length (must be odd number ≥ 3): Determines how many candles are used to identify swing highs/lows. The central candle must be higher or lower than all neighbors within the range. Example: If swingLength = 5, the central candle must be higher/lower than the 2 candles on both sides. Sweep Lookback (bars): Defines how many bars to look back for possible liquidity sweeps. Show Swing Labels (checkbox): Optionally display labels on the chart when a swing high or low is detected. Show Sweep Labels (checkbox): Optionally display labels on the chart when a liquidity sweep occurs. 🕯️ Swing Detection Logic A Swing High is detected when the high of the central candle is greater than the highs of all candles around it (as per the defined length). A Swing Low is detected when the low of the central candle is lower than the lows of surrounding candles. Swing labels are placed slightly above (for highs) or below (for lows) the candle. 💧 Liquidity Sweep Logic A Sweep High is triggered if: The current high breaks above a previously detected swing high, And then the candle closes below that swing high, Within the configured lookback window. A Sweep Low is triggered if: The current low breaks below a previous swing low, And then closes above it, Within the lookback window. These are often seen as stop hunts or fake breakouts. 🔔 Alerts Sweep High Alert: Triggered when a sweep above a swing high occurs. Sweep Low Alert: Triggered when a sweep below a swing low occurs. You can use these to set up TradingView alerts to notify you of potential liquidity grabs. 📊 Use Cases Identifying market structure shifts. Spotting fake breakouts and potential reversals. Assisting in smart money concepts and liquidity-based trading. Supporting entry timing in trend continuation or reversal strategies.
Pine Script® indicator
by TradePro1000
Squeeze Breakout Pro🔥 What This Script Does This is a Breakout Strength Scanner with Squeeze + Pattern Range + Volume Confirmation + Risk Management + Take Profits. ✅ Core Functions: Squeeze Detector: Finds low volatility zones using Bollinger Band width compression. Marks them with a “Squeeze” label — this signals that a big move is likely coming soon. Pattern Range Detection: Automatically identifies recent pivot highs (resistance) and pivot lows (support) using the pivotLen. Draws the current consolidation range visually with horizontal lines. Breakout Confirmation: Requires: ✅ A break above resistance or below support. ✅ Confirmed with above-average volume. ✅ Must occur while in a volatility squeeze. Plots arrows: 🔼 Green Up Arrow = Confirmed Bullish Breakout. 🔽 Red Down Arrow = Confirmed Bearish Breakout. Trade Management Built-In: Stop Loss: Just beyond the opposite side of the pattern range. Take Profits: ✅ TP1 = 1.5x risk. ✅ TP2 = 2x risk. Position Size Calculator: Based on your input account size (accountBal) and risk percentage (riskPct). Shows how many contracts, shares, or units to buy/sell to risk exactly that % of your account. Higher Timeframe Trend Filter: Default is 4-hour trend filter (can be changed). ✅ Only shows if the higher timeframe trend is Bullish (EMA50 > EMA200) or Bearish. Displayed on the dashboard. 📊 How to Use It Step-By-Step 🟧 1. Look for a Squeeze: A “Squeeze” label will appear. This means price is coiled tight — a breakout is likely. 🟩 2. Wait for a Breakout Arrow: 🔼 Green Arrow: Bullish breakout (price breaks resistance + volume confirms + squeeze active). 🔽 Red Arrow: Bearish breakout (price breaks support + volume confirms + squeeze active). 🟥 3. Check the Dashboard: ✅ Trend Bias: Should ideally match your breakout. If the higher timeframe is Bullish, long breakouts have better odds. If Bearish, short breakouts are higher probability. ✅ Vol Confirm: Will say “Yes” if the volume condition is met. 🏹 4. Manage the Trade (Auto Levels): The script draws: 🔴 Stop Loss Line (below range for longs, above for shorts). 🟢 Take Profit 1 (1.5x risk). 🟢 Take Profit 2 (2x risk). Use these as guidelines for exits. 💰 5. Use Position Size Display: Check the TP and SL distances and the suggested position size based on your account balance and risk percentage. 🚀 Pro Tips for Maximum Success ✅ Use Trend Confluence: Only trade long breakouts when the higher timeframe trend is Bullish (EMA50 > EMA200). Only trade short breakouts when the higher timeframe trend is Bearish. ✅ Avoid Fakeouts: If a breakout arrow forms but the candle closes far away from the pattern breakout — wait for a retest or confirmation. Higher volume + clean breakout works better than low-volume squeezes. ✅ Best Timeframes: 4H to Daily: For swing trades. 15m to 1H: For intraday trades (adjust htf to "240" for 4H trend confirmation even on lower charts). ✅ Increase Win Rate: Use this script with key support/resistance zones, weekly ranges, or fib retracements. Breakouts that happen near macro key levels have the highest follow-through. ✅ Set Alerts: Right-click the breakout arrow or use alertcondition() events in the script. Set alerts for: 📈 Breakout UP 📉 Breakout DOWN 🏹 Squeeze Active (prep for breakout) ✅ Walk Away Once In: Let TP1 or TP2 hit. Or move stop to breakeven after TP1 hits for free runners. 🔥 What Makes This Script Powerful: Combines price action (pattern range) + volatility squeeze + volume confirmation + trend bias + risk management. Most traders use these individually. This does it all in one clean tool. 💎 Professional Edge: This is the type of script that turns reactive trading into systematic trading. No guessing. Clean rules. Repeatable.
Pine Script® indicator
by Josh-PT
Intraday Session Levels: Pre-Mkt, 5m, 15m (Replay/Toggle/Labels)Intraday Session Levels: Pre-Mkt, 5m, 15m (Replay/Toggle/Labels) Version v1.0 Live session levels for every trader! This indicator automatically tracks and draws the most actionable intraday levels as they develop—live in real-time and fully compatible with TradingView’s bar replay and backtesting. How it works: Pre-Market High & Low: Levels appear and update live as soon as the pre-market session starts (4:00am ET), then “freeze” at the official open (9:30am ET) and remain visible for the rest of the day. First 5-Minute Candle High/Low: Drawn instantly after the first 5-minute candle (9:30–9:35am ET) completes. First 15-Minute Candle High/Low: Drawn right after the first 15-minute candle (9:30–9:45am ET) completes. Labels on every line Each level is clearly labeled on your chart (“PreMkt High”, “5m Low”, “15m High”, etc). Perfect for backtesting: All levels display exactly as they would have appeared in real time, making this indicator fully bar replay and historical test compatible. Flexible ON/OFF toggles: Instantly show or hide Pre-Mkt, 5m, and 15m levels via the settings panel. Why use it? Identify support/resistance and key reaction zones intraday Fade or break the opening range with confidence Backtest your strategies with accurate historical context Reduce chart clutter with customizable, minimal visuals Whether you’re a scalper, day trader, or backtest enthusiast, this tool keeps your charts focused and your edge sharp. Developed by
Pine Script® indicator
by nvijaybhargav77
Z-Score + Momentum Strategy (Filtered)✅ What the script does: Calculates the Z-Score of price with EMA smoothing. Calculates Momentum as the difference between the current price and the price n bars ago. Generates signals: Buy: When the Z-Score is rising and relatively positive, and momentum is increasing. Sell: When the Z-Score is falling, and momentum is decreasing. Plots BUY and SELL labels on the candles. Provides alerts that can be activated from the TradingView settings. Displays Z-Score and Momentum in the lower pane of the chart. 🎯 How to use the script: Copy the code into the Pine Editor on TradingView. Click "Add to Chart". Enable alerts using the alertcondition settings. You can modify the following parameters: Z-Score period: length Momentum lookback period: momentumLength Z-Score entry threshold: threshold
Pine Script® indicator
by ontimenews24
Vol > 2×MA20Vol > 2×MA20 – שער-נפח לפריצות אמיתיות הסקריפט מדגיש בר־דקה שבו נפח המסחר הנוכחי גדול פי 2 מהממוצע-נע של 20 נרות (SMA-20). מטרתו לסנן “פריצות דקיקות” ולאמת שתנועה טכנית נתמכת בכסף אמיתי. חישוב – trigger = volume > 2 * sma(volume, 20) תצוגה – עמודות נפח כחולות רגילות קו אדום = ‎2 × SMA20 להצגת הסף נקודת Alert (💠) כאשר התנאי מתקיים AlertCondition – מובנה בשם “VolumeGate” (Once Per Bar Close מומלץ) טיימפריים מומלץ – גרף 1-דקה או 5-דקות; מתאים גם ל-Higher TF אם משנים את המכפיל. שימוש עיקרי – Day-Trading / סקאלפ: כניסה רק כשפריצה במחיר מלוּוָה בנפח כפול. פרמטרים ניתנים לשינוי – len (בר־אורך ממוצע; ברירת-מחדל = 20) mult (מכפיל נפח; ברירת-מחדל = 2) פשוט הוסף בקוד: len = input.int(20, "Length") mult = input.float(2.0, "Multiplier") כתב-ויתור – הסקריפט מספק אינדיקציה כמותית בלבד ואינו המלצה לביצוע עסקה. אשר נתוני Real-Time, חדשות וספרי פקודות לפני כל החלטה. Vol > 2 × MA20 — Volume Gate for Genuine Breakouts This script highlights any bar whose trading volume is at least twice the 20-bar simple moving average (SMA-20). Its goal is to filter out “thin” price spikes and confirm that a breakout is backed by real buying power. Logic – trigger = volume > 2 * sma(volume, 20) Visuals Regular volume columns in blue Red line = 2 × SMA-20 (the threshold) Diamond marker whenever the condition is met AlertCondition – Built-in under the name “VolumeGate” (use Once Per Bar Close for best results) Recommended time-frames – 1-minute or 5-minute charts; works on higher TFs if you adjust the multiplier. Primary use-case – Day-trading / scalping: enter trades only when a price breakout is accompanied by at least double the average volume. Customizable inputs pinescript Copy Edit len = input.int(20, "Length") mult = input.float(2, "Multiplier") Change them to suit different assets or market conditions. Disclaimer – This script provides a quantitative signal only and is not financial advice. Always confirm with real-time data, news, and order-book depth before acting. Ask ChatGPT
Pine Script® indicator
by kutai007
Leveraged Liquidation ZonesOVERVIEW This indicator estimates potential liquidation zones based on leveraged positions (25x, 50x, 75x, 100x). It visually displays upper and lower bounds for each leverage tier, allowing traders to infer areas where the market might be seeking liquidity. CONCEPTS In leveraged markets, especially crypto derivatives, price often moves towards zones of high liquidation potential — areas where traders using high leverage are likely to be stopped out. These zones represent concentrations of liquidity that can serve as targets for price movement. This script models simplified liquidation areas by calculating the price range within which positions using specific leverage levels would be at risk, assuming no maintenance margin and using the previous candle close as a reference. FEATURES Visual zones for 25x, 50x, 75x, and 100x leverage levels. Customizable visibility and colors for each leverage tier. Real-time zone calculation based on the previous candle close. Simple and clean design to overlay directly on price action. USAGE Use this tool to identify areas of liquidity accumulation or potential price magnet zones. High-leverage liquidations often lead to volatile movements when triggered, so tracking these zones can help anticipate breakout or reversal behavior. You can toggle individual leverage levels via the settings panel, and adjust color transparency to suit your chart theme. This tool is most effective when combined with volume spikes, order book analysis, or high-frequency behavior.
Pine Script® indicator
by Max_GS
1
WMA cross with filtered Signals [Dr.K.C.Prakash]WMA cross with filtered Signals 📌 Description This indicator is designed to generate trend-filtered Buy and Sell signals based on the crossover of two Weighted Moving Averages (WMAs), with confirmation from a long-term EMA trend filter. It helps traders avoid false signals in choppy markets by trading only in the direction of the broader trend. ✅ Features Fast WMA (?) and Slow WMA (?) Core crossover logic for detecting local trend shifts. EMA Trend Filter (?) Confirms overall trend direction. Buy signals only occur when price is above the EMA ? (uptrend). Sell signals only occur when price is below the EMA ? (downtrend). Signal Markers on Chart BUY label below bar for valid bullish crossovers. SELL label above bar for valid bearish crossunders. EMA 200 Line Clearly plotted to visualize the trend filter level. Customizable Length Inputs Users can adjust Fast WMA, Slow WMA, and EMA filter length. Lines for both WMAs and the EMA trend filter. Signal labels on valid Buy/Sell events. ✅ Use Cases Trend-following traders who want cleaner entries. Avoiding counter-trend signals. Works on any timeframe (but EMA 200 is best for larger trend context).
Pine Script® indicator
by prakash1126
RSI Mansfield +An adaptive relative strength indicator for any market and timeframe. OVERVIEW This indicator plots the Mansfield Relative Strength (RSI Mansfield) oscillator, a tool to compare the performance of your instrument against a chosen benchmark index or asset. It auto-adjusts to cryptocurrencies, stocks, and various timeframes, applying the appropriate smoothing techniques to reveal true relative strength or weakness. CONCEPTS Relative Strength: Measures how the price of your asset evolves compared to a benchmark (e.g., BTC dominance, S&P 500). Mansfield Normalization: Expresses the deviation from the moving average of the ratio between your asset and the benchmark, scaled to highlight trends. Adaptive Smoothing: Automatically selects EMA or SMA smoothing depending on market type and timeframe. Divergences: Detects regular and hidden bullish or bearish divergences in the Mansfield oscillator, which can signal potential reversals. FEATURES Supports major global stock indices and crypto benchmarks. Auto-selection of moving average length (daily, weekly, monthly). Dynamic coloring: green for positive relative strength, red for negative. Configurable detection of four divergence types: Regular Bullish Divergence Hidden Bullish Divergence Regular Bearish Divergence Hidden Bearish Divergence Toggle switch to show/hide divergences. Clear zero baseline reference. USAGE Benchmark Selection Choose the benchmark index or asset you want to compare against, e.g., Bitcoin Dominance, S&P 500, or other regional indices. Interpret Colors Green oscillator: outperforming the benchmark. Red oscillator: underperforming. Analyze Divergences Enable divergence detection to spot potential reversal points. Regular divergences indicate classical divergence; hidden divergences may confirm continuation. Timeframes Works on intraday, daily, weekly, or monthly charts. The indicator auto-adjusts smoothing and calculation length accordingly.
Pine Script® indicator
by Max_GS
1
Normalized Volume IndexIn the realm of technical analysis, volume is more than just a measure of market activity—it’s a window into trader psychology. Two classic indicators that harness this insight are the Positive Volume Index (PVI) and Negative Volume Index (NVI). Developed in the early 20th century by Paul L. Dysart and later refined by Norman G. Fosback in 1976, these tools aim to distinguish between the behavior of the so-called “smart money” and the broader market crowd. - Positive Volume Index (PVI) tracks price changes only on days when trading volume increases. It assumes that rising volume reflects the actions of less-informed retail traders—those who follow the herd. - Negative Volume Index (NVI), on the other hand, focuses on days when volume decreases, under the premise that institutional investors (the “smart money”) are more active when the market is quiet. This dichotomy allows traders to interpret market sentiment through the lens of volume behavior. For example, a rising NVI during a price uptrend may suggest that institutional investors are quietly accumulating positions—often a bullish signal. Traders use PVI and NVI to: - Confirm trends: If NVI is above its moving average, it often signals a strong underlying trend supported by smart money. - Spot reversals: Divergences between price and either index can hint at weakening momentum or upcoming reversals. - Gauge participation: PVI rising faster than price may indicate overenthusiastic retail buying—potentially a contrarian signal. These indicators are often paired with moving averages (e.g., 255-day EMA) to generate actionable signals. Fosback’s research suggested that when NVI is above its one-year EMA, there’s a high probability of a bull market. While PVI and NVI are cumulative indices, normalizing them—for example, by rebasing to 100 or converting to percentage changes—offers several benefits: - Comparability: Normalized indices can be compared across different assets or timeframes. - Clarity: It becomes easier to visualize relative strength or weakness. - Backtesting: Normalized values are more suitable for algorithmic strategies and statistical analysis. Normalization also helps when combining PVI/NVI with other indicators in multi-factor models, ensuring no single metric dominates due to scale differences In essence, PVI and NVI offer a nuanced view of market dynamics by separating the noise of volume surges from the quiet confidence of institutional moves. When normalized and interpreted correctly, they become powerful allies in a trader’s decision-making toolkit. How to use this (Educational material): For instance, on average, when the Negative Volume Index (NVI) remains above its midline, the market tends to trend positively, reflecting consistent institutional participation. However, when the NVI dips and stays below the midline, it often signals a negative trend, indicating that smart money is stepping away or reducing exposure. Another telling scenario occurs when the Positive Volume Index (PVI) drops below the NVI. While this might coincide with a brief price dip, institutions often interpret this as an opportunity to buy the dip, quietly accumulating positions while retail participants exit in panic. The result? A market recovery driven by smart money. Conversely, when the PVI consistently remains above the NVI, it may point to retail enthusiasm outpacing institutional support. This imbalance can flag a tired or overextended trend, where the smart money has already positioned itself defensively. When this pattern persists, there's a high likelihood that institutions will pull the plug, leading to a pronounced trend reversal.
Pine Script® indicator
by chriskokal1
1
Volume Weighted Average PriceTitle: VWAP with Confirmed Breakout Color Shift Description: This is an enhanced Volume Weighted Average Price (VWAP) indicator that dynamically changes color based on confirmed price breakouts above or below the VWAP line. ✅ Green VWAP line indicates a strong bullish move (price has broken above VWAP by at least 0.2%). 🔻 Red VWAP line signals a bearish move (price has dropped below VWAP by at least 0.2%). ⚪️ Neutral gray is used when price is near VWAP without clear breakout confirmation. Includes optional upper/lower bands based on either standard deviation or percentage distance from VWAP. Ideal for identifying market bias and confirming momentum shifts in real time.
Pine Script® indicator
by tnatan1995
Faisalvolume pro//@version=6 indicator("Faisalvolume Pro", overlay=false) // إعدادات maLength = input.int(20, minval=1, title="Volume MA Length") highVolumeMultiplier = input.float(1.5, title="High Volume Multiplier") // بيانات vol = volume volMA = ta.sma(vol, maLength) // شروط isHighVol = vol > volMA * highVolumeMultiplier isAboveMA = vol > volMA // لون العمود barColor = isHighVol ? color.rgb(18, 163, 42) : isAboveMA ? color.rgb(226, 20, 20) : color.gray // رسم المؤشر plot(vol, title="Volume", style=plot.style_columns, color=barColor) plot(volMA, title="Volume MA", color=color.orange, linewidth=2)
Pine Script® indicator
by fsalerwi2030
Info TablesThis indicator provides two clear tables showing key market metrics, helping you make sense of price action. Each metric is chosen to give you practical insights, and you can customize the display to fit your needs. ## Key Features and Why Metrics Matter ### Main Table Metrics - **ML-Predicted Price**: - **What**: A price forecast based on a machine learning model using past price, volume, and RSI data. - **Why**: Shows where the market might head, helping you gauge if the current price is too high or low compared to the prediction. Useful for spotting potential reversals or continuations. - **Deviation %**: - **What**: The percentage difference between the current price and the predicted price. - **Why**: Tells you how far the market is straying from the ML forecast. A large deviation might suggest overbought/oversold conditions or a trend shift. - **VWAP Deviation %**: - **What**: The percentage difference between the current price and the Volume Weighted Average Price (VWAP). - **Why**: VWAP is a benchmark for fair price; deviation shows if the market is stretched above or below this level, aiding entries or exits. - **FRED UNRATE % Change**: - **What**: The percentage change in the U.S. unemployment rate from FRED data. - **Why**: Offers macro context. Rising unemployment can signal economic weakness, impacting market sentiment, while falling rates may boost confidence. - **Open Interest**: - **What**: The total number of open futures contracts for MESM2. - **Why**: High open interest indicates strong market participation, often tied to liquidity and conviction. Low levels might suggest indecision or lack of commitment. - **COT Commercial Long/Short**: - **What**: Commitment of Traders (COT) data showing commercial traders’ long and short positions. - **Why**: Reveals how big players (hedgers) are positioned. More longs than shorts can hint at bullish sentiment, while more shorts suggest bearish views. ### New Metrics Table - **QQE Bias**: - **What**: A momentum indicator based on a smoothed RSI with trailing stops. - **Why**: Highlights bullish (green) or bearish (red) momentum, helping you confirm short-term trade directions or avoid choppy markets (gray). - **Volume Momentum**: - **What**: A score (1–20) comparing current volume to past volume over a lookback period. - **Why**: High scores indicate strong buying/selling pressure, signaling potential breakouts or reversals. Low scores suggest weak participation. - **ATR Volatility**: - **What**: A score (1–20) based on the Average True Range, measuring price volatility. - **Why**: High volatility warns of larger price swings, useful for setting stop-losses or avoiding trades in choppy conditions. Low volatility may indicate consolidation. - **ADX Trend**: - **What**: The Average Directional Index, measuring trend strength. - **Why**: High ADX values confirm strong trends, guiding you to trade with the trend. Low values suggest range-bound markets, better for mean-reversion strategies. - **RSI**: - **What**: Relative Strength Index, showing overbought (>70) or oversold (<30) conditions. - **Why**: Helps identify potential reversal points or confirm momentum. Useful for timing entries in overextended markets. - **Frahm Volatility**: - **What**: A score (1–20) based on true range over a time window (e.g., 24 hours). - **Why**: Measures short-term volatility, helping you adjust position sizes or avoid trading during erratic price moves. - **Frahm Avg Candle (Ticks)**: - **What**: The average candle size in ticks over the same time window. - **Why**: Indicates typical price movement, useful for setting realistic profit targets or stop-losses based on recent market behavior. ### Additional Features - **Plotted Predicted Price**: - **What**: An optional line showing the ML-predicted price on the chart. - **Why**: Lets you visually compare the predicted price to actual price action, making it easier to spot divergence or alignment. - **Custom Gradient Colors**: - **What**: User-defined colors for high/low values in both tables. - **Why**: Makes it quick to see which metrics are at extremes (e.g., high deviation or strong ADX), improving decision-making under pressure. - **Alerts**: - **What**: Notifications for high/low Frahm volatility and bullish/bearish QQE Bias. - **Why**: Keeps you informed of critical changes (e.g., volatility spikes or momentum shifts) without needing to watch the chart constantly. ## Customization Options - **ML Matrix Inputs**: - Adjust the **ML Lookback Period** (e.g., 200–300 for volatile markets, 1000 for trends) to control how much history the ML model uses. - Set the **ML RSI Period** (e.g., 7–10 for fast markets, 20 for calm) to tweak the RSI’s sensitivity in the prediction. - **Plot Settings**: - Toggle the predicted price line and choose its color (default blue) for clear visibility. - **Table Settings**: - Position tables (top/bottom, left/center/right) and show/hide them to focus on what matters. - **Gradient Color Settings**: - Pick colors for high/low values in each table to match your chart or preferences. - **Timeframe & Thresholds**: - Set specific timeframes (e.g., 5-minute for smoother data) and thresholds (e.g., tighter deviation ranges) for each metric to suit your trading style. ## Ideal Use Case This indicator is perfect for MESM2 traders navigating fast-moving markets. The Main Table gives you a big-picture view (predicted price, macro data, and positioning), while the New Metrics Table zooms in on momentum and volatility, ideal for scalping or trend trades. Use it to confirm entries, set stops, or avoid choppy periods. ## Why It’s Valuable The **ML Matrix - Tables Only** puts essential data at your fingertips. Each metric is selected to answer a specific question—Is the price overextended? Is momentum building? Are big players bullish? Are conditions too volatile?—helping you trade with clarity and confidence, whether you’re catching quick moves or riding longer trends.
Pine Script® indicator
by charleyRT
LaCrazy Smash CandleLaCrazy Smash Candle highlights powerful engulfing candles that signal potential momentum reversals or breakout continuation. Smash Long: The candle's low touches or dips below the prior candle's low, then closes above the previous high with a strong body (minimum % of the candle range). Smash Short: The candle's high touches or exceeds the prior high, then closes below the previous low with a strong body. These “Smash” moves often occur at key pivot points, signaling decisive rejections or trend continuation. Customize the body strength filter to match your strategy needs.
Pine Script® indicator
by lacaze1102
SMA Strategy with Re-Entry Signal (v6 Style)*SMA Trend Strategy with Re-Entry Signal (v6 Edition)* This indicator is based on a classic moving average trend-following system, enhanced with re-entry signals designed for medium to short-term traders. --- ### 📈 Key Features: 1. *Trend Detection Logic:* - The 30-period SMA (SMA30) is used as the trend filter. - When the closing price is above the SMA30, the market is considered to be in an uptrend. 2. *Re-Entry Signal:* - While in an uptrend, if the closing price crosses above the SMA20, a re-entry (add position) signal is triggered. - These signals are shown with green upward arrows below the bars. 3. *Background Highlighting:* - Green background: indicates an uptrend. - Red background: indicates a break below SMA30, suggesting weakening momentum. 4. *Multi-SMA Visualization:* - Five SMAs are displayed: SMA10, SMA20, SMA30, SMA60, and SMA250. - This helps visualize both short-term and long-term trend structures. --- ### 🔍 Usage Tips: - Use this script directly on your main chart to monitor trend direction and wait for re-entry signals during pullbacks. - Combine with other tools like volume, price action, or candlestick patterns to confirm entries. --- ### ⚠️ Disclaimer: - This indicator is for educational and informational purposes only. It does not constitute financial advice or a buy/sell signal. - Avoid relying solely on this script for trading decisions. Always manage your own risk. --- 👨‍💻 *Developer’s Note:* This script is 100% manually developed, not copied or auto-generated. It is an original implementation based on my personal trading logic. Suggestions and feedback are welcome!
Pine Script® indicator
by bonniestock2020