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Indicators and strategies

Key Open LevelsThis Pine Script indicator (Key Open Levels) allows users to highlight up to six specific open prices from different times of the trading day as horizontal lines on the chart. Each line can be customized with user-defined style, width, and color settings. Users also have the option to display price labels directly on the lines for added clarity. The indicator is designed to work seamlessly across all intraday timeframes, including seconds, minutes, and hourly intervals, making it versatile for various trading strategies that rely on key intraday price levels. This indicator has proved to be a key indicator especially for people studying Futures market reaction around Key Open Levels.
Pine Script® indicator
by rahaidar
Smart Trading System v3This strategy is a precision-based trend-following system that leverages multi-timeframe alignment and momentum signals. Entry decisions are made using a blend of moving average pullbacks and oscillator crossovers, triggered only during active trading hours. Exits are governed by trailing volatility thresholds or key indicator reversals, adapting intelligently to the instrument’s behavior while managing risk through position sizing and drawdown constraints.
Pine Script® strategy
by kgbarton71
Filt ADR🟠 Script Name: Filtered Average Daily Range (Filt ADR) This script calculates a filtered version of the Average Daily Range (ADR) based on the last 14 daily candles. It's designed to reduce the influence of unusually high or low daily ranges (outliers) by applying a filter before calculating the average. 🔧 How It Works — Step by Step 1. Calculate Daily Ranges (High - Low) It retrieves the daily price ranges (difference between daily high and low) for the last 14 days using request.security() with the "D" (daily) timeframe. pinescript Копировать Редактировать high - low // today's daily range high - low // yesterday's daily range ... These values are stored into individual variables dr0 to dr13. 2. Build an Array of Daily Ranges An array named ranges is used to store the 14 daily ranges, but only if they are not na (missing data). This avoids errors during processing. 3. Calculate the Initial (Unfiltered) Average Range The script sums all values in the ranges array and calculates their average: pinescript Копировать Редактировать avg_all = total sum of ranges / number of valid entries 4. Filter Out Outliers Now it filters the values in ranges: Only keeps the ranges that are between 0.5×avg_all and 2×avg_all. This is to remove abnormally small or large daily ranges that could distort the average. The filtered values are added to a second array called filtered. 5. Calculate the Filtered ADR Finally, it calculates the average of the filtered daily ranges: pinescript Копировать Редактировать avg_filt = sum of filtered ranges / number of filtered values This is the Filtered ADR. 6. Plot the Result The result (avg_filt) is plotted as an orange line on the chart. It updates on each bar (depending on the current timeframe you're viewing) but the underlying data is based on the last 14 daily candles. pinescript Копировать Редактировать plot(avg_filt, title="Filtered ADR", color=color.orange, linewidth=2) ✅ Use Case This script is useful for traders who use the Average Daily Range (ADR) to: Estimate expected price movement during a day Set volatility-based stop-loss or take-profit levels Identify days with unusually high or low volatility By filtering out extreme values, it provides a more stable and reliable estimate of daily volatility.
Pine Script® indicator
by otdailopatku
VWAP + EMA Cross + MACD Signal + POC & Trailing Stop AlertThis indicator combines several key trading signals into one visual tool for intraday and swing trading: VWAP (Volume Weighted Average Price): Plotted as an orange line to track fair value and intraday trend. EMA 9/21 Crossovers: Plots BUY/SELL signals based on bullish or bearish EMA crossovers, shown with green and red labels. MACD Crossovers: Displays MACD↑ and MACD↓ triangle markers to identify momentum shifts. POC (Point of Control): User-defined static level (default: 56.52) plotted as a blue horizontal line to mark key support/resistance. Trailing Stop Line: Dynamically trails from the recent high, with a customizable offset. Helps visualize stop-loss levels. Built-in Alerts: Automatically triggers alerts for: EMA + MACD crossover confluence (Strong Buy/Sell) Price crossing above POC Price falling below the trailing stop This tool is designed to help traders spot confluence-based entries, momentum shifts, and logical exit zones — all in one overlay indicator.
Pine Script® indicator
by AUinvestor
Elder Envelope V2Based on the public script by idu. (Elder Impulse System with AutoEnvelope combined by idu) I enhanced it by adding: - second set of envelope bands -alerts for Short and Center EMAs cross - fill between EMAs I find this strategy good for swing trading on daily timeframes to determine overbought/oversold conditions. When stock is near 2nd upper band - take profits/short, when near lower -2nd band cover short/buy longs. Bull bear trend is determined by the short and long(center) emas cross. In rangebound flat trends gives false signals. Best edge is when near extremes of the bands.
Pine Script® indicator
by PvloFF
1
Triple Stochastic Confluence by AtallaTriple Stochastic Confluence by Atalla - Indicator Summary Overview The "Triple Stochastic Confluence by Atalla" is a technical indicator for TradingView that identifies potential trading opportunities using the confluence of three Stochastic oscillators with different timeframes. The indicator focuses exclusively on the %D lines (signal lines) of the Stochastics. Key Components Three Stochastic Oscillators Short-term Stochastic: Period 9, %K Smoothing 1, %D Period 3 Medium-term Stochastic: Period 14, %K Smoothing 1, %D Period 3 Long-term Stochastic: Period 60, %K Smoothing 1, %D Period 10 Visual Display White lines for the first two Stochastics (%D lines) Yellow line for the third (long-term) Stochastic (%D line) Background color changes to highlight trading opportunities: Yellow background: Bullish signal Red background: Bearish signal Trading Signals Logic Bullish Signal (Yellow Background) A bullish signal occurs when any Stochastic %D line is in the oversold zone (≤25%) while at least one of the other %D lines is in the overbought zone (≥75%). Bearish Signal (Red Background) A bearish signal occurs when any Stochastic %D line is in the overbought zone (≥75%) while at least one of the other %D lines is in the oversold zone (≤25%). Configurable Parameters Stochastic periods and smoothing values Overbought level (default: 75%) Oversold level (default: 25%) Alert Conditions The indicator includes alert conditions for both bullish and bearish confluence signals, allowing users to set up automated notifications for trading opportunities. Trading Philosophy This indicator leverages the concept of momentum divergence across different timeframes. When oscillators at different timeframes show opposing extreme readings (one in oversold and another in overbought), it may indicate a potential reversal point in the market. The indicator's strength lies in identifying these confluences automatically and providing clear visual signals.
Pine Script® indicator
by ATALLA07
Open-Based Adjustable LevelsThis indicator gives signals for levels where the buy or sell volume is above adjustable levels (ex, volume at 100,000). And these levels will only signal after the price has gone above/below a certain 'adjustable' percentage of the stocks opening price. Example: Signal sell when the price action is 0.7% above market opening price and when sell volume is above 120,000 or Signal buy when buy volume is above 80,000 and the price is 0.5% below market opening price. Great for day trading and detecting potential swings in the market. Above image is on a 3min chart. Doesn't work as well on daily time frames or above. Should be combined with other indicators like buy/sell channels, for the best confirmations
Pine Script® indicator
by parkerberlinger
Canuck Trading IndicatorOverview The Canuck Trading Indicator is a versatile, overlay-based technical analysis tool designed to assist traders in identifying potential trading opportunities across various timeframes and market conditions. By combining multiple technical indicators—such as RSI, Bollinger Bands, EMAs, VWAP, MACD, Stochastic RSI, ADX, HMA, and candlestick patterns—the indicator provides clear visual signals for bullish and bearish entries, breakouts, long-term trends, and options strategies like cash-secured puts, straddles/strangles, iron condors, and short squeezes. It also incorporates 20-day and 200-day SMAs to detect Golden/Death Crosses and price positioning relative to these moving averages. A dynamic table displays key metrics, and customizable alerts help traders stay informed of market conditions. Key Features Multi-Timeframe Adaptability: Automatically adjusts parameters (e.g., ATR multiplier, ADX period, HMA length) based on the chart's timeframe (minute, hourly, daily, weekly, monthly) for optimal performance. Comprehensive Signal Generation: Identifies short-term entries, breakouts, long-term bullish trends, and options strategies using a combination of momentum, trend, volatility, and candlestick patterns. Candlestick Pattern Detection: Recognizes bullish/bearish engulfing, hammer, shooting star, doji, and strong candles for precise entry/exit signals. Moving Average Analysis: Plots 20-day and 200-day SMAs, detects Golden/Death Crosses, and evaluates price position relative to these averages. Dynamic Table: Displays real-time metrics, including zone status (bullish, bearish, neutral), RSI, MACD, Stochastic RSI, short/long-term trends, candlestick patterns, ADX, ROC, VWAP slope, and MA positioning. Customizable Alerts: Over 20 alert conditions for entries, exits, overbought/oversold warnings, and MA crosses, with actionable messages including ticker, price, and suggested strategies. Visual Clarity: Uses distinct shapes, colors, and sizes to plot signals (e.g., green triangles for bullish entries, red triangles for bearish entries) and overlays key levels like EMA, VWAP, Bollinger Bands, support/resistance, and HMA. Options Strategy Signals: Suggests opportunities for selling cash-secured puts, straddles/strangles, iron condors, and capitalizing on short squeezes. How to Use Add to Chart: Apply the indicator to any TradingView chart by selecting "Canuck Trading Indicator" from the Pine Script library. Interpret Signals: Bullish Signals: Green triangles (short-term entry), lime diamonds (breakout), blue circles (long-term entry). Bearish Signals: Red triangles (short-term entry), maroon diamonds (breakout). Options Strategies: Purple squares (cash-secured puts), yellow circles (straddles/strangles), orange crosses (iron condors), white arrows (short squeezes). Exits: X-cross shapes in corresponding colors indicate exit signals. Monitor: Gray circles suggest holding cash or monitoring for setups. Review Table: Check the top-right table for real-time metrics, including zone status, RSI, MACD, trends, and MA positioning. Set Alerts: Configure alerts for specific signals (e.g., "Short-Term Bullish Entry" or "Golden Cross") to receive notifications via TradingView. Adjust Inputs: Customize input parameters (e.g., RSI period, EMA length, ATR period) to suit your trading style or market conditions. Input Parameters The indicator offers a wide range of customizable inputs to fine-tune its behavior: RSI Period (default: 14): Length for RSI calculation. RSI Bullish Low/High (default: 35/70): RSI thresholds for bullish signals. RSI Bearish High (default: 65): RSI threshold for bearish signals. EMA Period (default: 15): Main EMA length (15 for day trading, 50 for swing). Short/Long EMA Length (default: 3/20): For momentum oscillator. T3 Smoothing Length (default: 5): Smooths momentum signals. Long-Term EMA/RSI Length (default: 20/15): For long-term trend analysis. Support/Resistance Lookback (default: 5): Periods for support/resistance levels. MACD Fast/Slow/Signal (default: 12/26/9): MACD parameters. Bollinger Bands Period/StdDev (default: 15/2): BB settings. Stochastic RSI Period/Smoothing (default: 14/3/3): Stochastic RSI settings. Uptrend/Short-Term/Long-Term Lookback (default: 2/2/5): Candles for trend detection. ATR Period (default: 14): For volatility and price targets. VWAP Sensitivity (default: 0.1%): Threshold for VWAP-based signals. Volume Oscillator Period (default: 14): For volume surge detection. Pattern Detection Threshold (default: 0.3%): Sensitivity for candlestick patterns. ROC Period (default: 3): Rate of change for momentum. VWAP Slope Period (default: 5): For VWAP trend analysis. TradingView Publishing Compliance Originality: The Canuck Trading Indicator is an original script, combining multiple technical indicators and custom logic to provide unique trading signals. It does not replicate existing public scripts. No Guaranteed Profits: This indicator is a tool for technical analysis and does not guarantee profits. Trading involves risks, and users should conduct their own research and risk management. Clear Instructions: The description and usage guide are detailed and accessible, ensuring users understand how to apply the indicator effectively. No External Dependencies: The script uses only built-in Pine Script functions (e.g., ta.rsi, ta.ema, ta.vwap) and requires no external libraries or data sources. Performance: The script is optimized for performance, using efficient calculations and adaptive parameters to minimize lag on various timeframes. Visual Clarity: Signals are plotted with distinct shapes and colors, and the table provides a concise summary of market conditions, enhancing usability. Limitations and Risks Market Conditions: The indicator may generate false signals in choppy or low-liquidity markets. Always confirm signals with additional analysis. Timeframe Sensitivity: Performance varies by timeframe; test settings on your preferred chart (e.g., 5-minute for day trading, daily for swing trading). Risk Management: Use stop-losses and position sizing to manage risk, as suggested in alert messages (e.g., "Stop -20%"). Options Trading: Options strategies (e.g., straddles, iron condors) carry unique risks; consult a financial advisor before trading. Feedback and Support For questions, suggestions, or bug reports, please leave a comment on the TradingView script page or contact the author via TradingView. Your feedback helps improve the indicator for the community. Disclaimer The Canuck Trading Indicator is provided for educational and informational purposes only. It is not financial advice. Trading involves significant risks, and past performance is not indicative of future results. Always perform your own due diligence and consult a qualified financial advisor before making trading decisions.
Pine Script® indicator
by ctoincanada
MSTR/MTPLF Flip Strategy (with 1D Supertrend Overlay)MSTR/MTPLF Flip Strategy – Z-Score + MACD + RSI + Supertrend (1D Overlay) This script is designed for traders rotating between MicroStrategy (MSTR) and Metaplanet (MTPLF)—two Bitcoin proxy stocks—using a quantitative, multi-indicator approach. 🔍 Core Strategy: Z-Score detects statistical mispricing between MSTR and MTPLF RSI confirms momentum extremes (overbought/oversold) MACD identifies trend reversals Supertrend (1D) confirms the broader trend direction ✅ Flip Signals: Flip to MSTR: Z-Score < -2, RSI < 30, MACD bullish crossover, and Supertrend (1D) is bullish Flip to MTPLF: Z-Score > +2, RSI > 70, MACD bearish crossover, and Supertrend (1D) is bearish 📈 Visual Overlay: The 1D Supertrend line is plotted directly on your current chart (e.g., 4H) for easy trend tracking. 🧠 Ideal for swing traders and pair traders looking to rotate capital between correlated assets based on both mean reversion and trend confirmation. Customize the timeframe, sensitivity, and alerts to fit your trading style.
Pine Script® indicator
by R5murphy9773