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Indicators and strategies

Multi-Trend SynchronizerMulti-Trend Synchronizer The Multi-Trend Synchronizer indicator provides a multi-timeframe trend analysis using SMMA (Smoothed Moving Average) across three user-defined timeframes: short, medium, and long-term. By synchronizing trends from these timeframes, this tool helps traders identify stronger alignment signals for potential trend continuation or reversal, enhancing decision-making in various market conditions. Key Features Multi-Timeframe Trend Analysis: Users can set three different timeframes, allowing flexibility in tracking trends over short (e.g., 15 minutes), medium (e.g., 1 hour), and long-term (e.g., 4 hours) intervals. Clear Trend Visualization: The indicator plots SMMA lines on the main chart, color-coded by timeframe for intuitive reading. It also displays an at-a-glance trend alignment table, showing the current trend direction (bullish, bearish, or neutral) for each timeframe. Buy and Sell Signals: Alignment across all timeframes generates Buy and Sell signals, visualized on the chart with distinct markers to aid entry/exit timing. Usage Notes This indicator is best used for trend-following strategies. The SMMA-based design provides smoother trend transitions, reducing noise compared to standard moving averages. However, as with all indicators, it is not foolproof and should be combined with other analyses for robust decision-making. How It Works The indicator calculates SMMA values for each selected timeframe and tracks trend changes based on SMMA's direction. When all timeframes show a unified direction (either bullish or bearish), the indicator generates a Buy or Sell signal. A table displays real-time trend direction, with color codes to assist traders in quickly assessing the market's overall direction. Indicator Settings Timeframes: Customize each SMMA timeframe to align with personal trading strategies or market conditions. SMMA Length: Adjust the length of the SMMA to control sensitivity. Lower values may increase signal frequency, while higher values provide smoother, more stable trend indicators. Disclaimer: As with any trend-following tool, this indicator is most effective when used in trending markets and may be less reliable in sideways conditions. Past performance does not guarantee future results, and users should be cautious of market volatility. Use it for educational purposes!
Pine Script™ indicator
by shortymkd
Simplified MetroThis is a derivative of J. Welles Wilder's RSI (Relative Strength Index) from 1978. This version uses a fast and slow offset of the RSI to create signals. The RSI itself has been removed from this version for visual simplicity, but its setting still has an impact on the fast and slow stepped lines. The "RSI Period" sets the number of bars used to calculate the RSI. A higher value results in a smoother RSI, while a lower value makes it more reactive to price changes. The "Fast Step Size" defines the step size for the fast trend line. A larger value makes the fast step line less sensitive to RSI changes, creating a smoother line. The "Slow Step Size" defines the step size for the slow trend line. A larger value makes the slow step line less sensitive to RSI changes, resulting in a smoother line compared to the fast step. When the faster blue line crosses and closes above the slower fuchsia line we have a signal to go long, and vice versa we take a short position. This indicator should not be traded on its own, but could be a valuable addition to a system used for identifying trends.
Pine Script™ indicator
by nacht
EMA 10 Breakout Scalping IndicatorEMA 10 Scalping Breakout Indicator The EMA 10 Breakout Scalping Indicator is designed to help traders catch short-term price movements by signaling potential breakout opportunities. This indicator uses a 10-period exponential moving average (EMA) to identify key support and resistance levels. It provides clear buy and sell signals based on price breaking above or below the EMA. Features: BUY Signal: The indicator generates a green label below the bar when the price crosses above the EMA, indicating a potential uptrend and buying opportunity. SELL Signal: A red label appears above the bar when the price crosses below the EMA, suggesting a potential downtrend and opportunity to sell. EMA Visualization: The 10-period EMA is plotted on the chart to visually track the short-term trend. Real-Time Alerts: Quickly identify breakout points on any time frame for active scalping or trend-following strategies. How to use: BUY Signal: Enter a long position when the price crosses above the EMA. SELL Signal: Enter a short position when the price crosses below the EMA. EMA: EMA helps determine the direction of the trend. A price above the EMA indicates an uptrend, while a price below it suggests a downtrend. Personalization: You can easily adjust the EMA period to suit your trading style and time frame. This indicator is ideal for scalpers or day traders looking to trade based on short-term price movements. Perfect for: Scalping: Catch small price movements with quick entries and exits. Trend Following: Use the EMA to identify the current trend and enter trades accordingly. Conclusion: This simple yet powerful indicator helps traders spot potential breakouts based on the EMA 10. By combining price action and EMA, traders can execute timely trades and improve their decision-making process in both trend and range markets. Let me know if you find this indicator useful, or feel free to suggest features you'd like to see added. Happy trading!
Pine Script™ indicator
by Kokadze
ATT Model with Buy/Sell SignalsIndicator Summary This indicator is based on the ATT (Arithmetic Time Theory) model, using specific turning points derived from the ATT sequence (3, 11, 17, 29, 41, 47, 53, 59) to identify potential market reversals. It also integrates the RSI (Relative Strength Index) to confirm overbought and oversold conditions, triggering buy and sell signals when conditions align with the ATT sequence and RSI level. Turning Points: Detected based on the ATT sequence applied to bar count. This suggests high-probability areas where the market could turn. RSI Filter: Adds strength to the signals by ensuring buy signals occur when RSI is oversold (<30) and sell signals when RSI is overbought (>70). Max Signals Per Session: Limits signals to two per session to reduce over-trading. Entry Criteria Buy Signal: Enter a buy trade if: The indicator displays a green "BUY" marker. RSI is below the oversold level (default <30), suggesting a potential upward reversal. Sell Signal: Enter a sell trade if: The indicator displays a red "SELL" marker. RSI is above the overbought level (default >70), indicating a potential downward reversal. Exit Criteria Take Profit (TP): Define TP as a fixed percentage or point value based on the asset's volatility. For example, set TP at 1.5-2x the risk, or a predefined point target (like 50-100 points). Alternatively, exit the position when price approaches a key support/resistance level or the next significant swing high/low. Stop Loss (SL): Place the SL below the recent low (for buys) or above the recent high (for sells). Set a fixed SL in points or percentage based on the asset’s average movement range, like an ATR-based stop, or limit it to a specific risk amount per trade (1-2% of account). Trailing into Profit Use a trailing strategy to lock in profits and let winning trades run further. Two main options: ATR Trailing Stop: Set the trailing stop based on the ATR (Average True Range), adjusting every time a new candle closes. This can help in volatile markets by keeping the stop at a consistent distance based on recent price movement. Break-Even and Partial Profits: When the price moves in your favor by a set amount (e.g., 1:1 risk/reward), move SL to the entry (break-even). Take partial profit at intermediate levels (e.g., 50% at 1:1 RR) and trail the remainder. Risk Management for Prop Firm Evaluation Prop firms often have strict rules on daily loss limits, max drawdowns, and minimum profit targets. Here’s how to align your strategy with these: Limit Risk per Trade: Keep risk per trade to a conservative level (e.g., 1% or lower of your account balance). This allows for more room in case of a drawdown and aligns with most prop firm requirements. Daily Loss Limits: Set a daily stop-loss that ensures you don’t exceed the firm’s rules. For example, if the daily limit is 5%, stop trading once you reach a 3-4% drawdown. Avoid Over-Trading: Stick to the max signals per session rule (one or two trades). Taking only high-probability setups reduces emotional and reactive trades, preserving capital. Stick to a Profit Target: Aim to meet the evaluation’s profit goal efficiently but avoid risky or oversized trades to reach it faster. Avoid Major Economic Events: News events can disrupt technical setups. Avoid trading around significant releases (like FOMC or NFP) to reduce the chance of sudden losses due to high volatility. Summary Using this strategy with discipline, a structured entry/exit approach, and tight risk management can maximize your chances of passing a prop firm evaluation. The ATT model’s turning points, combined with the RSI, provide an edge by highlighting reversal zones, while limiting trades to 1-2 per session helps maintain controlled risk.
Pine Script™ indicator
by alixx220
BELLEZZA: Market Strength IndicatorThe BELLEZZA: Market Strength Indicator is a comprehensive tool designed to help traders assess overall market sentiment by combining signals from multiple technical indicators. This indicator displays real-time signals from the RSI, Stochastic Oscillator, MACD, and the 50-day, 100-day, and 200-day Simple Moving Averages (SMAs) in a convenient table on your chart. Features Multi-Indicator Analysis: Aggregates signals from six popular technical indicators to provide a holistic view of market conditions. High-Contrast Visuals: Utilizes high-contrast colors for better visibility and readability, ensuring signals are easily distinguishable. Customizable Display: Allows you to adjust the text color and position of the signal table on the chart to suit your preferences. Real-Time Updates: Refreshes signals on each confirmed bar, providing up-to-date information for timely decision-making. Benefits of the Indicator Quick Market Overview: Instantly assess market sentiment without analyzing each indicator separately. Enhanced Visibility: High-contrast colors ensure signals are easily visible against any chart background. Customizable Appearance: Adjust the indicator's display to fit your trading style and chart preferences. Real-Time Insights: Stay updated with the latest market signals as the indicator refreshes on each confirmed bar. Limitations Indicator Lag: Some indicators like moving averages are lagging indicators and may not reflect immediate market changes. False Signals: No indicator is 100% accurate. Always consider the possibility of false signals. Market Conditions: Extreme market volatility can affect indicator performance. Use in conjunction with other analysis methods. Disclaimer Educational Purposes: This indicator is intended for educational and informational purposes only. No Financial Advice: It does not constitute financial advice. Always consult with a professional financial advisor. Risk Warning: Trading involves significant risk, and past performance is not indicative of future results. Personal Responsibility: Users are responsible for their own trading decisions.
Pine Script™ indicator
by BitcoinBellezza
Accumulation & Distribution Zones with Manipulation//@version=5 indicator("Accumulation & Distribution Zones with Manipulation", overlay=true) // Parameters fastLength = input.int(9, title="Fast MA Length") slowLength = input.int(21, title="Slow MA Length") manipulationThreshold = input.float(2.0, title="Manipulation Threshold (%)", minval=0) // Moving Averages fastMA = ta.sma(close, fastLength) slowMA = ta.sma(close, slowLength) // Plot Moving Averages plot(fastMA, color=color.blue, title="Fast MA") plot(slowMA, color=color.red, title="Slow MA") // Identify Accumulation and Distribution accumulation = ta.crossover(fastMA, slowMA) // Bullish crossover distribution = ta.crossunder(fastMA, slowMA) // Bearish crossover // Plot Accumulation and Distribution Zones bgcolor(accumulation ? color.new(color.green, 90) : na, title="Accumulation Zone") bgcolor(distribution ? color.new(color.red, 90) : na, title="Distribution Zone") // Draw Boxes for Accumulation var float accumulationStart = na var float accumulationEnd = na if accumulation accumulationStart := low // Start of accumulation candle accumulationEnd := na // Reset end on new accumulation if not na(accumulationStart) and not distribution accumulationEnd := high // Keep updating the end of the accumulation candle if not na(accumulationEnd) box.new(bar_index - 1, accumulationStart, bar_index, accumulationEnd, bgcolor=color.new(color.green, 70), border_color=color.green) // Labels for Accumulation and Distribution if accumulation and not accumulation label.new(bar_index, high, "Accumulation", style=label.style_label_down, color=color.green, textcolor=color.white) if distribution and not distribution label.new(bar_index, low, "Distribution", style=label.style_label_up, color=color.red, textcolor=color.white) // Manipulation Detection: Assume manipulation if the price moves significantly within the threshold manipulation = (close - ta.lowest(low, 5)) / ta.lowest(low, 5) * 100 > manipulationThreshold // Draw Boxes for Manipulation var float manipulationStart = na var float manipulationEnd = na if manipulation manipulationStart := low // Start of manipulation candle manipulationEnd := high // End of manipulation candle if not na(manipulationStart) box.new(bar_index - 1, manipulationStart, bar_index, manipulationEnd, bgcolor=color.new(color.yellow, 70), border_color=color.yellow) // Plot Manipulation Labels if manipulation label.new(bar_index, close, "Manipulation", style=label.style_label_down, color=color.yellow, textcolor=color.black) // Alerts alertcondition(accumulation, title="Accumulation Alert", message="Potential Accumulation Zone identified!") alertcondition(distribution, title="Distribution Alert", message="Potential Distribution Zone identified!") alertcondition(manipulation, title="Manipulation Alert", message="Potential Manipulation detected!")
Pine Script™ indicator
by SoniaDP
Alex JMA RSX Clone with Price & Divergence [LazyBear]Indicator Description: RSX Indicator (RSXC_LB): This script is based on a clone of the JMA RSX (Relative Strength Index clone by LazyBear). It is a momentum-based indicator that helps identify overbought and oversold levels, as well as potential trend reversals. Functional Changes: Convergence is now marked with a white line on the RSX plot. Bullish Divergence is marked with a green line, indicating potential upward movement. Bearish Divergence is marked with a red line, indicating potential downward movement. The default state is marked with a blue line. Strong Divergences (both bullish and bearish) are highlighted with triangle markers on the chart. Updated Features: The script now visualizes convergence and divergence more clearly using distinct colors: White: Convergence (indicates potential trend strength). Green: Bullish divergence (possible price increase). Red: Bearish divergence (possible price decrease). Blue: Neutral/default state. Triangle markers indicate strong divergences, making it easier for the user to spot critical moments. This visual enhancement aims to provide clearer and more intuitive signals for traders using the RSX indicator, helping them identify trend changes and reversals more effectively.
Pine Script™ indicator
by grantmax