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Indicators and strategies

Smart FlexRange Breakout [The_lurker]The Smart FlexRange Breakout tool aims to identify trading opportunities based on price breakouts of dynamic levels (CALL, PUT) with a dotted centerline and the ability to select the applicable market. The tool relies on candlestick analysis over a specific time period (such as 3 hours). Candle data (searchHours) is collected to identify the most significant candle based on candlestick patterns and trading volume during the selected timeframe. Breakout levels and take-profit (TP) targets are then plotted, along with buy and sell signals, breakout notifications, and up/down trend lines based on Pivot Points. The tool is run according to the selected timeframe. Practical Use 1- Setup: Adjust the market, timeframe, number of hours, and time zone to suit the trader's needs. 2- Trading: Monitor signals (BUY/SELL) and TP levels to determine entry and exit points. 3- Trend Lines: Use them to understand the overall trend and confirm signals. --- 1. Objective: Identify trading opportunities based on price breakouts - Trading opportunities: The indicator is designed to help traders identify moments when significant price movements are likely, allowing them to enter buy or sell trades based on market changes. - Price breakouts: The indicator focuses on moments when prices break through key levels (resistance or support). A breakout occurs when the price exceeds a resistance level (up) or breaks a support level (down), indicating a potential continuation of the movement in the same direction. - Dynamic: Resistance and support levels are not static; rather, they are calculated based on candlestick analysis over a specific period of time, making them adaptive to current market conditions. --- 2. Dynamic levels (resistance and support levels) - Resistance levels: These represent prices that the price is difficult to break above, defined here as the high of the most significant candle during the specified period. - Support levels: These represent prices below which the price is difficult to fall, defined as the low of the most significant candle. - Dynamic: These levels are recalculated every new search period (searchHours), meaning they change based on the latest market data, unlike traditional static levels. --- 3. Adding a Dotted Center Line - Center Line: A horizontal dotted line is drawn at the midpoint between the high and low of the most significant candle. - Purpose: - Provides a visual reference point for determining the current price position relative to support and resistance levels. - Helps assess whether the price is moving toward a breakout (near resistance) or a breakout (near support). - Dotted: The dotted pattern distinguishes it from the solid upper and lower lines, making it easier to distinguish visually. --- 4. Relying on candlestick analysis over a specific time period (searchHours) - Candlestick Analysis: The indicator examines candlesticks to determine which ones have the most influence on price movement. - Timeframe (searchHours): - The user specifies the number of hours (1-6) for candle analysis, which determines the range of data the indicator relies on. - Example: If searchHours = 3 and timeframe = 30 minutes, 6 candles are analyzed (3 hours รท 30 minutes). - Flexibility: This period can be adjusted to suit different markets (such as volatile cryptocurrencies or more stable Forex). --- 5. Determining the Most Important Candle Based on Candle Patterns and Volume - The most important candle: is the candle believed to have the greatest impact on price movement based on specific criteria. - Candle Patterns: - Candles are analyzed using a candlestick pattern library (such as Engulfing, Hammer, Doji). - Reversal patterns (such as Morning Star, Shooting Star) are given a high importance score (100 points) because they indicate potential trend changes. - Trading Volume: - The trading volume of each candle is measured and compared to the maximum and minimum during the period. - Volume is calculated as a percentage (0-100) and added to the pattern score to determine the most significant candle. - Result: The candle with the highest score (patterns + volume) is used to determine support and resistance levels. --- 6. Timeframe - Time interval: The user selects a time frame for the candles (15, 30, or 60 minutes). - Importance: - Determines the number of candles analyzed during the searchHours period. - Affects the accuracy and speed of the signals (shorter timeframe = faster but less reliable signals; longer timeframe = slower but more reliable signals). - Example: If the timeframe is 60 minutes and searchHours is 3, only 3 candles are analyzed. --- 7. Drawing Breakout Levels and Take Profit Targets (TP) - Breakout Levels: - Upper line (resistance): Drawn at the highest price of the most significant candle and is labeled "CALL". - Lower line (support): Drawn at the lowest price of the most important candle and is called "PUT." - These lines represent levels where a breakout is expected to lead to a strong price movement. - Take Profit Targets (TP): - Up to 8 bullish (above the upper line) and bearish (below the lower line) TP levels are calculated. - They are calculated based on a percentage (tpPercentage) added or subtracted from the base lines. - Example: If tpPercentage = 0.6% and the high price = 100, then bullish TP1 = 100.6, TP2 = 101.2, etc. - Labels: Labels are drawn for each TP level indicating the value and level (TP1, TP2, etc.). --- 8. Buy and Sell Signals - Buy (BUY) signal: - Generated when the price breaks the upper line (ta.crossover). - The "BUY" label is drawn with the redrawing of the TP levels. - Sell signal (SELL): - Generated when the price breaks the lower line (ta.crossunder). - The "SELL" label is drawn with the redrawing of the TP levels. - Purpose: To provide clear signals to the trader for making trade entry decisions. ========================================================================= Thank you, n00btraders. For using the import library: n00btraders/Timezone/1 For using the import library: The_lurker/AllCandlestickPatternsLibrary/1 ======================================================================== Disclaimer: The information and publications are not intended to be, nor do they constitute, financial, investment, trading, or other types of advice or recommendations provided or endorsed by TradingView. ุชู‡ุฏู ุฃุฏุงุฉ Smart FlexRange Breakout ุฅู„ู‰ ุชุญุฏูŠุฏ ูุฑุต ุงู„ุชุฏุงูˆู„ ุจู†ุงุกู‹ ุนู„ู‰ ุงุฎุชุฑุงู‚ุงุช ุงู„ุฃุณุนุงุฑ ู„ู„ู…ุณุชูˆูŠุงุช ุงู„ุฏูŠู†ุงู…ูŠูƒูŠุฉ (CALLุŒ PUT) ู…ุน ุฎุท ู…ุฑูƒุฒูŠ ู…ู†ู‚ุทุŒ ู…ุน ุฅู…ูƒุงู†ูŠุฉ ุงุฎุชูŠุงุฑ ุงู„ุณูˆู‚ ุงู„ู…ู†ุงุณุจ. ุชุนุชู…ุฏ ุงู„ุฃุฏุงุฉ ุนู„ู‰ ุชุญู„ูŠู„ ุงู„ุดู…ูˆุน ุงู„ูŠุงุจุงู†ูŠุฉ ุนู„ู‰ ู…ุฏู‰ ูุชุฑุฉ ุฒู…ู†ูŠุฉ ู…ุญุฏุฏุฉ (ู…ุซู„ 3 ุณุงุนุงุช). ุชูุฌู…ุน ุจูŠุงู†ุงุช ุงู„ุดู…ูˆุน (searchHours) ู„ุชุญุฏูŠุฏ ุฃู‡ู… ุดู…ุนุฉ ุจู†ุงุกู‹ ุนู„ู‰ ุฃู†ู…ุงุท ุงู„ุดู…ูˆุน ูˆุญุฌู… ุงู„ุชุฏุงูˆู„ ุฎู„ุงู„ ุงู„ุฅุทุงุฑ ุงู„ุฒู…ู†ูŠ ุงู„ู…ุญุฏุฏ. ุซู… ุชูุฑุณู… ู…ุณุชูˆูŠุงุช ุงู„ุงุฎุชุฑุงู‚ ูˆุฃู‡ุฏุงู ุฌู†ูŠ ุงู„ุฃุฑุจุงุญ (TP)ุŒ ุจุงู„ุฅุถุงูุฉ ุฅู„ู‰ ุฅุดุงุฑุงุช ุงู„ุจูŠุน ูˆุงู„ุดุฑุงุกุŒ ูˆุฅุดุนุงุฑุงุช ุงู„ุงุฎุชุฑุงู‚ุŒ ูˆุฎุทูˆุท ุงู„ุงุชุฌุงู‡ ุงู„ุตุนูˆุฏูŠ/ุงู„ู‡ุจูˆุทูŠ ุจู†ุงุกู‹ ุนู„ู‰ ู†ู‚ุงุท ุงู„ู…ุญูˆุฑ. ูŠุชู… ุชุดุบูŠู„ ุงู„ุงุฏุงู‡ ุญุณุจ ุงู„ูุงุตู„ ุงู„ู…ุฎุชุงุฑ timeframe ุงู„ุงุณุชุฎุฏุงู… ุงู„ุนู…ู„ูŠ 1- ุงู„ุฅุนุฏุงุฏ: ุงุถุจุท ุงู„ุณูˆู‚ุŒ ูˆุงู„ุฅุทุงุฑ ุงู„ุฒู…ู†ูŠุŒ ูˆุนุฏุฏ ุงู„ุณุงุนุงุชุŒ ูˆุงู„ู…ู†ุทู‚ุฉ ุงู„ุฒู…ู†ูŠุฉ ู„ุชู†ุงุณุจ ุงุญุชูŠุงุฌุงุช ุงู„ู…ุชุฏุงูˆู„. 2- ุงู„ุชุฏุงูˆู„: ุฑุงู‚ุจ ุฅุดุงุฑุงุช (ุงู„ุดุฑุงุก/ุงู„ุจูŠุน) ูˆู…ุณุชูˆูŠุงุช ุฌู†ูŠ ุงู„ุฃุฑุจุงุญ ู„ุชุญุฏูŠุฏ ู†ู‚ุงุท ุงู„ุฏุฎูˆู„ ูˆุงู„ุฎุฑูˆุฌ. 3- ุฎุทูˆุท ุงู„ุงุชุฌุงู‡: ุงุณุชุฎุฏู…ู‡ุง ู„ูู‡ู… ุงู„ุงุชุฌุงู‡ ุงู„ุนุงู… ูˆุชุฃูƒูŠุฏ ุงู„ุฅุดุงุฑุงุช. 1. ุงู„ู‡ุฏู: ุชุญุฏูŠุฏ ูุฑุต ุงู„ุชุฏุงูˆู„ ุจู†ุงุกู‹ ุนู„ู‰ ุงุฎุชุฑุงู‚ุงุช ุงู„ุฃุณุนุงุฑ - ูุฑุต ุงู„ุชุฏุงูˆู„: ุตูู…ู… ู‡ุฐุง ุงู„ู…ุคุดุฑ ู„ู…ุณุงุนุฏุฉ ุงู„ู…ุชุฏุงูˆู„ูŠู† ุนู„ู‰ ุชุญุฏูŠุฏ ุงู„ู„ุญุธุงุช ุงู„ุชูŠ ูŠูุญุชู…ู„ ููŠู‡ุง ุญุฏูˆุซ ุชุญุฑูƒุงุช ุณุนุฑูŠุฉ ูƒุจูŠุฑุฉุŒ ู…ู…ุง ูŠุณู…ุญ ู„ู‡ู… ุจุงู„ุฏุฎูˆู„ ููŠ ุตูู‚ุงุช ุดุฑุงุก ุฃูˆ ุจูŠุน ุจู†ุงุกู‹ ุนู„ู‰ ุชุบูŠุฑุงุช ุงู„ุณูˆู‚. - ุงุฎุชุฑุงู‚ุงุช ุงู„ุฃุณุนุงุฑ: ูŠูุฑูƒุฒ ุงู„ู…ุคุดุฑ ุนู„ู‰ ุงู„ู„ุญุธุงุช ุงู„ุชูŠ ุชุฎุชุฑู‚ ููŠู‡ุง ุงู„ุฃุณุนุงุฑ ู…ุณุชูˆูŠุงุช ุฑุฆูŠุณูŠุฉ (ู…ู‚ุงูˆู…ุฉ ุฃูˆ ุฏุนู…). ูŠุญุฏุซ ุงู„ุงุฎุชุฑุงู‚ ุนู†ุฏู…ุง ูŠุชุฌุงูˆุฒ ุงู„ุณุนุฑ ู…ุณุชูˆู‰ ู…ู‚ุงูˆู…ุฉ (ุตุนูˆุฏู‹ุง) ุฃูˆ ูŠุฎุชุฑู‚ ู…ุณุชูˆู‰ ุฏุนู… (ู‡ุจูˆุทู‹ุง)ุŒ ู…ู…ุง ูŠูุดูŠุฑ ุฅู„ู‰ ุงุญุชู…ุงู„ ุงุณุชู…ุฑุงุฑ ุงู„ุญุฑูƒุฉ ููŠ ู†ูุณ ุงู„ุงุชุฌุงู‡. - ุฏูŠู†ุงู…ูŠูƒูŠ: ู…ุณุชูˆูŠุงุช ุงู„ู…ู‚ุงูˆู…ุฉ ูˆุงู„ุฏุนู… ู„ูŠุณุช ุซุงุจุชุฉุ› ุจู„ ุชูุญุณุจ ุจู†ุงุกู‹ ุนู„ู‰ ุชุญู„ูŠู„ ุงู„ุดู…ูˆุน ุงู„ูŠุงุจุงู†ูŠุฉ ุนู„ู‰ ู…ุฏู‰ ูุชุฑุฉ ุฒู…ู†ูŠุฉ ู…ุญุฏุฏุฉุŒ ู…ู…ุง ูŠุฌุนู„ู‡ุง ู…ููƒูŠูุฉ ู…ุน ุธุฑูˆู ุงู„ุณูˆู‚ ุงู„ุญุงู„ูŠุฉ. 2. ุงู„ู…ุณุชูˆูŠุงุช ุงู„ุฏูŠู†ุงู…ูŠูƒูŠุฉ (ู…ุณุชูˆูŠุงุช ุงู„ู…ู‚ุงูˆู…ุฉ ูˆุงู„ุฏุนู…) - ู…ุณุชูˆูŠุงุช ุงู„ู…ู‚ุงูˆู…ุฉ: ุชูู…ุซู„ ู‡ุฐู‡ ุงู„ุฃุณุนุงุฑ ุงู„ุชูŠ ูŠุตุนุจ ุนู„ู‰ ุงู„ุณุนุฑ ุชุฌุงูˆุฒู‡ุงุŒ ูˆุชูุนุฑู ู‡ู†ุง ุจุฃู†ู‡ุง ุงุฑุชูุงุน ุงู„ุดู…ุนุฉ ุงู„ุฃูƒุซุฑ ุฃู‡ู…ูŠุฉ ุฎู„ุงู„ ุงู„ูุชุฑุฉ ุงู„ู…ุญุฏุฏุฉ. - ู…ุณุชูˆูŠุงุช ุงู„ุฏุนู…: ุชูู…ุซู„ ู‡ุฐู‡ ุงู„ุฃุณุนุงุฑ ุงู„ุชูŠ ูŠุตุนุจ ุนู„ู‰ ุงู„ุณุนุฑ ุงู„ุงู†ุฎูุงุถ ุฏูˆู†ู‡ุงุŒ ูˆุชูุนุฑู ุจุฃู†ู‡ุง ุฃุฏู†ู‰ ู…ุณุชูˆู‰ ู„ู„ุดู…ุนุฉ ุงู„ุฃูƒุซุฑ ุฃู‡ู…ูŠุฉ. - ุฏูŠู†ุงู…ูŠูƒูŠ: ุชูุนุงุฏ ุญุณุงุจ ู‡ุฐู‡ ุงู„ู…ุณุชูˆูŠุงุช ู…ุน ูƒู„ ูุชุฑุฉ ุจุญุซ ุฌุฏูŠุฏุฉ (ุณุงุนุงุช ุงู„ุจุญุซ)ุŒ ู…ู…ุง ูŠุนู†ูŠ ุฃู†ู‡ุง ุชุชุบูŠุฑ ุจู†ุงุกู‹ ุนู„ู‰ ุฃุญุฏุซ ุจูŠุงู†ุงุช ุงู„ุณูˆู‚ุŒ ุนู„ู‰ ุนูƒุณ ุงู„ู…ุณุชูˆูŠุงุช ุงู„ุซุงุจุชุฉ ุงู„ุชู‚ู„ูŠุฏูŠุฉ. 3. ุฅุถุงูุฉ ุฎุท ู…ุฑูƒุฒูŠ ู…ู†ู‚ุท - ุฎุท ุงู„ู…ุฑูƒุฒ: ูŠูุฑุณู… ุฎุท ุฃูู‚ูŠ ู…ู†ู‚ุท ุนู†ุฏ ู†ู‚ุทุฉ ุงู„ู…ู†ุชุตู ุจูŠู† ุฃุนู„ู‰ ูˆุฃุฏู†ู‰ ุดู…ุนุฉ ุฐุงุช ุฃู‡ู…ูŠุฉ. - ุงู„ุบุฑุถ: - ูŠูˆูุฑ ู†ู‚ุทุฉ ู…ุฑุฌุนูŠุฉ ุจุตุฑูŠุฉ ู„ุชุญุฏูŠุฏ ูˆุถุน ุงู„ุณุนุฑ ุงู„ุญุงู„ูŠ ุจุงู„ู†ุณุจุฉ ู„ู…ุณุชูˆูŠุงุช ุงู„ุฏุนู… ูˆุงู„ู…ู‚ุงูˆู…ุฉ. - ูŠุณุงุนุฏ ููŠ ุชู‚ูŠูŠู… ู…ุง ุฅุฐุง ูƒุงู† ุงู„ุณุนุฑ ูŠุชุญุฑูƒ ู†ุญูˆ ุงุฎุชุฑุงู‚ (ุจุงู„ู‚ุฑุจ ู…ู† ุงู„ู…ู‚ุงูˆู…ุฉ) ุฃูˆ ุงุฎุชุฑุงู‚ (ุจุงู„ู‚ุฑุจ ู…ู† ุงู„ุฏุนู…). - ู…ู†ู‚ุท: ูŠูู…ูŠุฒู‡ ุงู„ู†ู…ุท ุงู„ู…ู†ู‚ุท ุนู† ุงู„ุฎุทูˆุท ุงู„ุนู„ูˆูŠุฉ ูˆุงู„ุณูู„ูŠุฉ ุงู„ู…ุชุตู„ุฉุŒ ู…ู…ุง ูŠูุณู‡ู‘ู„ ุชู…ูŠูŠุฒู‡ ุจุตุฑูŠู‹ุง. 4. ุงู„ุงุนุชู…ุงุฏ ุนู„ู‰ ุชุญู„ูŠู„ ุงู„ุดู…ูˆุน ุงู„ูŠุงุจุงู†ูŠุฉ ุนู„ู‰ ู…ุฏู‰ ูุชุฑุฉ ุฒู…ู†ูŠุฉ ู…ุญุฏุฏุฉ (ุณุงุนุงุช ุงู„ุจุญุซ) - ุชุญู„ูŠู„ ุงู„ุดู…ูˆุน ุงู„ูŠุงุจุงู†ูŠุฉ: ูŠูุญุต ุงู„ู…ุคุดุฑ ุงู„ุดู…ูˆุน ุงู„ูŠุงุจุงู†ูŠุฉ ู„ุชุญุฏูŠุฏ ุฃูŠู‡ุง ุงู„ุฃูƒุซุฑ ุชุฃุซูŠุฑู‹ุง ุนู„ู‰ ุญุฑูƒุฉ ุงู„ุณุนุฑ. - ุงู„ุฅุทุงุฑ ุงู„ุฒู…ู†ูŠ (ุณุงุนุงุช ุงู„ุจุญุซ): - ูŠูุญุฏุฏ ุงู„ู…ุณุชุฎุฏู… ุนุฏุฏ ุงู„ุณุงุนุงุช (ู…ู† 1 ุฅู„ู‰ 6) ู„ุชุญู„ูŠู„ ุงู„ุดู…ูˆุนุŒ ูˆุงู„ุฐูŠ ูŠูุญุฏุฏ ู†ุทุงู‚ ุงู„ุจูŠุงู†ุงุช ุงู„ุชูŠ ูŠุนุชู…ุฏ ุนู„ูŠู‡ุง ุงู„ู…ุคุดุฑ. - ู…ุซุงู„: ุฅุฐุง ูƒุงู†ุช ุณุงุนุงุช ุงู„ุจุญุซ = 3 ูˆุงู„ุฅุทุงุฑ ุงู„ุฒู…ู†ูŠ = 30 ุฏู‚ูŠู‚ุฉุŒ ูุณูŠุชู… ุชุญู„ูŠู„ 6 ุดู…ูˆุน (3 ุณุงุนุงุช รท 30 ุฏู‚ูŠู‚ุฉ). - ุงู„ู…ุฑูˆู†ุฉ: ูŠูู…ูƒู† ุชุนุฏูŠู„ ู‡ุฐู‡ ุงู„ูุชุฑุฉ ู„ุชู†ุงุณุจ ุงู„ุฃุณูˆุงู‚ ุงู„ู…ุฎุชู„ูุฉ (ู…ุซู„ ุงู„ุนู…ู„ุงุช ุงู„ู…ุดูุฑุฉ ุงู„ู…ุชู‚ู„ุจุฉ ุฃูˆ ุณูˆู‚ ุงู„ููˆุฑูƒุณ ุงู„ุฃูƒุซุฑ ุงุณุชู‚ุฑุงุฑู‹ุง). 5. ุชุญุฏูŠุฏ ุงู„ุดู…ุนุฉ ุงู„ุฃูƒุซุฑ ุฃู‡ู…ูŠุฉ ุจู†ุงุกู‹ ุนู„ู‰ ุฃู†ู…ุงุท ุงู„ุดู…ูˆุน ูˆุญุฌู… ุงู„ุชุฏุงูˆู„ - ุงู„ุดู…ุนุฉ ุงู„ุฃูƒุซุฑ ุฃู‡ู…ูŠุฉ: ู‡ูŠ ุงู„ุดู…ุนุฉ ุงู„ุชูŠ ูŠูุนุชู‚ุฏ ุฃู† ู„ู‡ุง ุงู„ุชุฃุซูŠุฑ ุงู„ุฃูƒุจุฑ ุนู„ู‰ ุญุฑูƒุฉ ุงู„ุณุนุฑ ุจู†ุงุกู‹ ุนู„ู‰ ู…ุนุงูŠูŠุฑ ู…ุญุฏุฏุฉ. - ุฃู†ู…ุงุท ุงู„ุดู…ูˆุน: - ูŠุชู… ุชุญู„ูŠู„ ุงู„ุดู…ูˆุน ุจุงุณุชุฎุฏุงู… ู…ูƒุชุจุฉ ุฃู†ู…ุงุท ุงู„ุดู…ูˆุน (ู…ุซู„ ุดู…ุนุฉ ุงู„ุงุจุชู„ุงุนุŒ ูˆุดู…ุนุฉ ุงู„ู…ุทุฑู‚ุฉุŒ ูˆุดู…ุนุฉ ุงู„ุฏูˆุฌูŠ). - ุชูู…ู†ุญ ุฃู†ู…ุงุท ุงู„ุงู†ุนูƒุงุณ (ู…ุซู„ ู†ุฌู…ุฉ ุงู„ุตุจุงุญุŒ ูˆู†ุฌู… ุงู„ุดู‡ุงุจ) ุฏุฑุฌุฉ ุฃู‡ู…ูŠุฉ ุนุงู„ูŠุฉ (100 ู†ู‚ุทุฉ) ู„ุฃู†ู‡ุง ุชูุดูŠุฑ ุฅู„ู‰ ุชุบูŠุฑุงุช ู…ุญุชู…ู„ุฉ ููŠ ุงู„ุงุชุฌุงู‡. - ุญุฌู… ุงู„ุชุฏุงูˆู„: - ูŠูู‚ุงุณ ุญุฌู… ุชุฏุงูˆู„ ูƒู„ ุดู…ุนุฉ ูˆูŠูู‚ุงุฑู† ุจุงู„ุญุฏ ุงู„ุฃู‚ุตู‰ ูˆุงู„ุฃุฏู†ู‰ ุฎู„ุงู„ ุงู„ูุชุฑุฉ. - ูŠูุญุณุจ ุงู„ุญุฌู… ูƒู†ุณุจุฉ ู…ุฆูˆูŠุฉ (0-100) ูˆูŠูุถุงู ุฅู„ู‰ ุฏุฑุฌุฉ ุงู„ู†ู…ุท ู„ุชุญุฏูŠุฏ ุงู„ุดู…ุนุฉ ุงู„ุฃูƒุซุฑ ุฃู‡ู…ูŠุฉ. - ุงู„ู†ุชูŠุฌุฉ: ุชูุณุชุฎุฏู… ุงู„ุดู…ุนุฉ ุฐุงุช ุฃุนู„ู‰ ุฏุฑุฌุฉ (ุงู„ุฃู†ู…ุงุท + ุงู„ุญุฌู…) ู„ุชุญุฏูŠุฏ ู…ุณุชูˆูŠุงุช ุงู„ุฏุนู… ูˆุงู„ู…ู‚ุงูˆู…ุฉ. ูฆ. ุงู„ุฅุทุงุฑ ุงู„ุฒู…ู†ูŠ - ุงู„ูุงุตู„ ุงู„ุฒู…ู†ูŠ: ูŠุฎุชุงุฑ ุงู„ู…ุณุชุฎุฏู… ุฅุทุงุฑู‹ุง ุฒู…ู†ูŠู‹ุง ู„ู„ุดู…ูˆุน (ูกูฅุŒ ูฃู ุŒ ุฃูˆ ูฆู  ุฏู‚ูŠู‚ุฉ). - ุงู„ุฃู‡ู…ูŠุฉ: - ูŠุญุฏุฏ ุนุฏุฏ ุงู„ุดู…ูˆุน ุงู„ู…ูุญู„ู„ุฉ ุฎู„ุงู„ ูุชุฑุฉ ุณุงุนุงุช ุงู„ุจุญุซ. - ูŠุคุซุฑ ุนู„ู‰ ุฏู‚ุฉ ูˆุณุฑุนุฉ ุงู„ุฅุดุงุฑุงุช (ุงู„ุฅุทุงุฑ ุงู„ุฒู…ู†ูŠ ุงู„ุฃู‚ุตุฑ = ุฅุดุงุฑุงุช ุฃุณุฑุน ูˆู„ูƒู† ุฃู‚ู„ ู…ูˆุซูˆู‚ูŠุฉุ› ุงู„ุฅุทุงุฑ ุงู„ุฒู…ู†ูŠ ุงู„ุฃุทูˆู„ = ุฅุดุงุฑุงุช ุฃุจุทุฃ ูˆู„ูƒู† ุฃูƒุซุฑ ู…ูˆุซูˆู‚ูŠุฉ). - ู…ุซุงู„: ุฅุฐุง ูƒุงู† ุงู„ุฅุทุงุฑ ุงู„ุฒู…ู†ูŠ ูฆู  ุฏู‚ูŠู‚ุฉ ูˆุณุงุนุงุช ุงู„ุจุญุซ ูฃุŒ ูุณูŠุชู… ุชุญู„ูŠู„ ูฃ ุดู…ูˆุน ูู‚ุท. --- ูง. ุฑุณู… ู…ุณุชูˆูŠุงุช ุงู„ุงุฎุชุฑุงู‚ ูˆุฃู‡ุฏุงู ุฌู†ูŠ ุงู„ุฃุฑุจุงุญ (TP) - ู…ุณุชูˆูŠุงุช ุงู„ุงุฎุชุฑุงู‚: - ุงู„ุฎุท ุงู„ุนู„ูˆูŠ (ุงู„ู…ู‚ุงูˆู…ุฉ): ูŠูุฑุณู… ุนู†ุฏ ุฃุนู„ู‰ ุณุนุฑ ู„ู„ุดู…ุนุฉ ุงู„ุฃูƒุซุฑ ุฃู‡ู…ูŠุฉ ูˆูŠูุณู…ู‰ "CALL". - ุงู„ุฎุท ุงู„ุณูู„ูŠ (ุงู„ุฏุนู…): ูŠูุฑุณู… ุนู†ุฏ ุฃุฏู†ู‰ ุณุนุฑ ู„ู„ุดู…ุนุฉ ุงู„ุฃูƒุซุฑ ุฃู‡ู…ูŠุฉ ูˆูŠูุณู…ู‰ "PUT". - ุชู…ุซู„ ู‡ุฐู‡ ุงู„ุฎุทูˆุท ุงู„ู…ุณุชูˆูŠุงุช ุงู„ุชูŠ ูŠูุชูˆู‚ุน ุฃู† ูŠุคุฏูŠ ููŠู‡ุง ุงู„ุงุฎุชุฑุงู‚ ุฅู„ู‰ ุญุฑูƒุฉ ุณุนุฑูŠุฉ ู‚ูˆูŠุฉ. - ุฃู‡ุฏุงู ุฌู†ูŠ ุงู„ุฃุฑุจุงุญ (TP): - ูŠุชู… ุญุณุงุจ ู…ุง ูŠุตู„ ุฅู„ู‰ 8 ู…ุณุชูˆูŠุงุช ุฌู†ูŠ ุฃุฑุจุงุญ ุตุนูˆุฏูŠุฉ (ููˆู‚ ุงู„ุฎุท ุงู„ุนู„ูˆูŠ) ูˆู‡ุจูˆุทูŠุฉ (ุชุญุช ุงู„ุฎุท ุงู„ุณูู„ูŠ). - ูŠุชู… ุญุณุงุจู‡ุง ุจู†ุงุกู‹ ุนู„ู‰ ู†ุณุจุฉ ู…ุฆูˆูŠุฉ (tpPercentage) ุชูุถุงู ุฃูˆ ุชูุทุฑุญ ู…ู† ุฎุทูˆุท ุงู„ุฃุณุงุณ. - ู…ุซุงู„: ุฅุฐุง ูƒุงู†ุช ู†ุณุจุฉ ุฌู†ูŠ ุงู„ุฃุฑุจุงุญ = 0.6% ูˆูƒุงู† ุฃุนู„ู‰ ุณุนุฑ = 100ุŒ ูุฅู† ู‡ุฏู ุงู„ุฑุจุญ ุงู„ุตุนูˆุฏูŠ ุงู„ุฃูˆู„ = 100.6ุŒ ูˆู‡ุฏู ุงู„ุฑุจุญ ุงู„ุซุงู†ูŠ = 101.2ุŒ ูˆู‡ูƒุฐุง. - ุงู„ุนู„ุงู…ุงุช: ุชูุฑุณู… ุนู„ุงู…ุงุช ู„ูƒู„ ู…ุณุชูˆู‰ ุฌู†ูŠ ุฃุฑุจุงุญ ุชุดูŠุฑ ุฅู„ู‰ ุงู„ู‚ูŠู…ุฉ ูˆุงู„ู…ุณุชูˆู‰ (TP1ุŒ TP2ุŒ ูˆู‡ูƒุฐุง). --- 8. ุฅุดุงุฑุงุช ุงู„ุดุฑุงุก ูˆุงู„ุจูŠุน - ุฅุดุงุฑุฉ ุงู„ุดุฑุงุก (BUY): - ุชููˆู„ู‘ุฏ ุนู†ุฏ ุงุฎุชุฑุงู‚ ุงู„ุณุนุฑ ู„ู„ุฎุท ุงู„ุนู„ูˆูŠ (ta.crossover). - ุชูุฑุณู… ุนู„ุงู…ุฉ "ุงู„ุดุฑุงุก" ู…ุน ุฅุนุงุฏุฉ ุฑุณู… ู…ุณุชูˆูŠุงุช ุฌู†ูŠ ุงู„ุฃุฑุจุงุญ. - ุฅุดุงุฑุฉ ุงู„ุจูŠุน (SELL): - ุชููˆู„ู‘ุฏ ุนู†ุฏ ุงุฎุชุฑุงู‚ ุงู„ุณุนุฑ ู„ู„ุฎุท ุงู„ุณูู„ูŠ (ta.crossunder). - ูŠูุฑุณู… ู…ุคุดุฑ "ุจูŠุน" ู…ุน ุฅุนุงุฏุฉ ุฑุณู… ู…ุณุชูˆูŠุงุช ุฌู†ูŠ ุงู„ุฃุฑุจุงุญ. - ุงู„ุบุฑุถ: ุชูˆููŠุฑ ุฅุดุงุฑุงุช ูˆุงุถุญุฉ ู„ู„ู…ุชุฏุงูˆู„ ู„ุงุชุฎุงุฐ ู‚ุฑุงุฑุงุช ุฏุฎูˆู„ ุงู„ุตูู‚ุฉ. ========================================================================== ุดูƒุฑู‹ุง ู„ูƒู…ุŒ ุฃูŠู‡ุง ุงู„ู…ุชุฏุงูˆู„ูˆู† ุงู„ุฌุฏุฏ. ู„ุงุณุชุฎุฏุงู… ู…ูƒุชุจุฉ ุงู„ุงุณุชูŠุฑุงุฏ: n00btraders/Timezone/1 ู„ุงุณุชุฎุฏุงู… ู…ูƒุชุจุฉ ุงู„ุงุณุชูŠุฑุงุฏ: The_lurker/AllCandlestickPatternsLibrary/1 ============================================================================== ุฅุฎู„ุงุก ู…ุณุคูˆู„ูŠุฉ: ู„ุง ูŠูู‚ุตุฏ ุจู‡ุฐู‡ ุงู„ู…ุนู„ูˆู…ุงุช ูˆุงู„ู…ู†ุดูˆุฑุงุช ุฃู† ุชูƒูˆู†ุŒ ูˆู„ุง ุชูุดูƒู„ุŒ ู†ุตุงุฆุญ ุฃูˆ ุชูˆุตูŠุงุช ู…ุงู„ูŠุฉ ุฃูˆ ุงุณุชุซู…ุงุฑูŠุฉ ุฃูˆ ุชุฌุงุฑูŠุฉ ุฃูˆ ุฃูŠ ู†ูˆุน ุขุฎุฑ ู…ู† ุงู„ู†ุตุงุฆุญ ุฃูˆ ุงู„ุชูˆุตูŠุงุช ุงู„ู…ูู‚ุฏู…ุฉ ู…ู† TradingView ุฃูˆ ุงู„ู…ูุนุชู…ุฏุฉ ู…ู†ู‡ุง.
Pine Scriptยฎ indicator
by The_lurker
2
Bull vs Bear Volume on Price ChartThis script overlays estimated bullish and bearish volume directly on the price chart, making it easy to spot buying vs. selling pressure without switching to a separate volume pane. ๐Ÿ” Features: ๐Ÿ“ˆ Bullish volume markers appear as green triangles below the candle. ๐Ÿ“‰ Bearish volume markers appear as red triangles above the candle. ๐Ÿ”„ Optional smoothing to reduce noise using simple moving average (SMA). โš ๏ธ Volume spike highlights: Bullish spikes turn lime green, bearish spikes turn bright red. ๐Ÿ”ข Toggle labels to see estimated volume values above/below each candle. ๐Ÿ”„ Works on all timeframes, from intraday to weekly/monthly charts. ๐Ÿ“ Methodology: Bullish and bearish volume are estimated using the candle's range: More bullish volume when the close is near the high. More bearish volume when the close is near the low. This is a visual proxy, not true order flow data.
Pine Scriptยฎ indicator
by SBH
Money Flow: In & Out Detector[THANHCONG]Indicator Name: Money Flow: In & Out Detector Indicator Description: The Money Flow: In & Out Detector indicator uses technical indicators such as RSI (Relative Strength Index), MFI (Money Flow Index), and volume analysis to determine money inflow and outflow in the market. This indicator helps traders identify changes in money flow, allowing them to detect buy and sell signals based on the combination of the following factors: RSI > 50 and MFI > 50: Money inflow, indicating a buy signal. RSI < 50 and MFI < 50: Money outflow, indicating a sell signal. Volume increase/decrease relative to the average: Identifies strong market behavior changes. Adjustable Parameters: RSI Length: The number of periods to calculate the RSI (default is 14). MFI Length: The number of periods to calculate the MFI (default is 14). Volume MA Length: The number of periods to calculate the moving average of volume (default is 20). Volume Increase/Decrease (%): The percentage threshold for volume change compared to the moving average (default is 20%). Look Back Period: The number of periods used to identify peaks and troughs (default is 20). How to Use the Indicator: Money Inflow: When both RSI and MFI are above 50, and volume increases significantly relative to the moving average, the indicator shows a Buy signal. Money Outflow: When both RSI and MFI are below 50, and volume decreases significantly relative to the moving average, the indicator shows a Sell signal. Identifying Peaks and Troughs: The indicator also helps identify market peaks and troughs based on technical conditions. Note: This indicator assists in decision-making, but does not replace comprehensive market analysis. Use this indicator in conjunction with other technical analysis methods to increase the accuracy of trade signals. Steps for Publishing the Indicator on TradingView: Log in to TradingView: Go to TradingView and log into your account. Access Pine Script Editor: Click on Pine Editor from the menu under the chart. Paste your Pine Scriptยฎ code into the editor window. Check the Source Code: Ensure your code is error-free and running correctly. Review the entire source code and add the MPL-2.0 license notice if necessary. Save and Publish: After testing and confirming the code works correctly, click Add to Chart to try the indicator on your chart. If satisfied with the result, click Publish Script at the top right of the Pine Editor. Provide a name for the indicator and then enter the detailed description youโ€™ve prepared. Ensure you specify the MPL-2.0 license in the description if required. Choose the Access Type: You can choose either Public or Private access for your indicator depending on your intention. Submit for Publication: Wait for TradingView to review and approve your indicator. Typically, this process takes a few working days for verification and approval. User Guide: You can share detailed instructions for users on how to use the indicator on TradingView, including how to adjust the parameters and interpret the signals. For example: Set RSI Length: Experiment with different RSI Length values to find the sensitivity that suits your strategy. Interpreting In/Out Signals: When there is strong money inflow (In), consider entering a buy order. When there is strong money outflow (Out), consider selling.
Pine Scriptยฎ indicator
by ThanhCong_
Bull vs Bear Volume (Enhanced)Bull vs Bear Volume (Enhanced) is a custom volume histogram that separates and visualizes estimated buying vs. selling volume within each candle. This allows traders to better understand market sentiment and detect imbalances in demand and supply. ๐Ÿ” What It Does: Plots bullish volume (green) above the x-axis and bearish volume (red) below. Estimates bull/bear volume by analyzing the close location within the candle's range. Highlights volume spikes with lime (bullish) or maroon (bearish) when volume exceeds a user-defined threshold. Includes an optional total volume line for added context. Supports smoothing via simple moving average (SMA) to reduce noise. ๐Ÿ› ๏ธ Inputs: Toggle smoothing and set its length. Enable/disable threshold spike highlighting. Show/hide the total volume overlay. Adjust the threshold multiplier for spike detection. โš ๏ธ Important: This script uses a proxy method based on candle structure to estimate volume split โ€” it does not use real-time order flow or trade direction data. Works best on liquid assets with consistent volume.
Pine Scriptยฎ indicator
by SBH
AP IFTCCIv2/IFTStoch/IFTRSI Multi-TimeframeMulti-Timeframe IFT-CCI/Stoch/RSI Composite This enhanced indicator combines three powerful oscillatorsโ€”Inverse Fisher Transform (IFT) versions of the Commodity Channel Index (CCI), Stochastic, and Relative Strength Index (RSI)โ€”into a unified multi-timeframe analysis tool. Originally developed by John Ehlers (pioneer of cyclical analysis and signal processing in trading systems) and adapted by KIVANC (@fr3762), this version adds dual-timeframe capability to compare indicator values across different chart resolutions. Key Features: Triple Oscillator Composite IFT-CCI: Smoothed CCI values transformed via Ehlers' Inverse Fisher Transform (blue-gold) IFT-Stochastic: Classic stochastic oscillator processed through IFT (blue) IFT-RSI: RSI oscillator converted to IFT format (magenta) Composite Average Line: Combined average of all three indicators (green) Multi-Timeframe Analysis Compare primary and secondary timeframes (e.g., 1H vs. 4H, daily vs. weekly) Primary timeframe plots use solid lines with 80% opacity Secondary timeframe (optional) uses dashed/circle markers with 40% opacity Key Levels Overbought (+0.75) and oversold (-0.75) reference lines Zero-centerline for momentum direction bias Applications: Trend Confirmation: Align higher timeframe signals with lower timeframe entries Divergence Detection: Spot inter-timeframe discrepancies in momentum Regime Filter: Use higher timeframe composite values to filter trades Technical Basis: Inverse Fisher Transform: Compresses oscillator values into bounded (-1 to +1) range while emphasizing extreme moves Dual WMA Smoothing: Combines initial calculation smoothing (WMA1) with final output smoothing (WMA2) Exponential Scaling: (e^2x - 1)/(e^2x + 1) formula converts Gaussian-like distributions to bounded outputs Credits: Original Concept: John Ehlers (IFT methodology, cyclical analysis foundations) Initial Implementation: KIVANC (@fr3762 on Twitter) for the base IFT-CCI/Stoch/RSI script Multi-Timeframe Adaptation: for cross-resolution analysis capabilities This tool is particularly effective for traders seeking to align multiple timeframes while using Ehlers' noise-reduction techniques. The composite average line provides a consensus view, while the individual oscillators help identify component strength/weakness.
Pine Scriptยฎ indicator
by nuipai
SBC ProtfoSBC Portfo PNL Indicator Description The SBC Portfo PNL Indicator is a user-friendly tool designed for Hebrew-speaking traders to track the Profit and Loss (PNL) of their stock portfolios on TradingView charts. It supports up to 5 distinct portfolios, each capable of holding an unlimited number of stocks with unlimited buy commands, allowing real-time monitoring of portfolio performance. Key Features - Multi-Portfolio Support: Track up to 5 separate portfolios for different trading strategies or accounts. - Unlimited Stock Entries: Add unlimited stocks and buy commands per portfolio. - Detailed Buy Commands: Input for each stock: - Stock Ticker (e.g., AAPL, TSLA). - Buy Price (e.g., 150.25). - Buy Amount (e.g., 10). - Hebrew-Friendly Interface: Intuitive settings dialog with clear instructions in Hebrew. - Customizable PNL Tracking: Visualize PNL on charts with real-time updates based on market data. How to Use 1. Add the Indicator: - Go to the Indicators menu in TradingView and add the "SBC Portfo" PNL Indicator. 2. Configure Portfolios: - Open the indicatorโ€™s settings dialog. - For each portfolio (up to 5), enter data in the provided input fields using this format: PortfolioName:StockTicker:BuyPricexBuyAmount;StockTicker:BuyPricexBuyAmount Example: Portfolio1:AAPL:150.25x10;TSLA:266.72x5 - This represents a portfolio named "Portfolio1" with: - 10 shares of AAPL bought at $150.25. - 5 shares of TSLA bought at $266.72. - Repeat for additional portfolios (e.g., Portfolio2, Portfolio3). - Add multiple buy commands for the same stock if needed (e.g., AAPL:160.50x20). 3. Apply Settings: - Save settings to display PNL based on current market prices. 4. Monitor PNL: - View PNL for each portfolio on the chart via tables, labels, or graphical overlays (based on settings). Input Format Enter portfolio data manually in the settings dialog, one input field per portfolio: PortfolioName:StockTicker:BuyPricexBuyAmount;StockTicker:BuyPricexBuyAmount - PortfolioName: Unique name (e.g., Portfolio1, Growth). - StockTicker: Stock symbol (e.g., AAPL). - BuyPrice: Purchase price per share (e.g., 150.25). - BuyAmount: Number of shares (e.g., 10). - Use : to separate portfolio name, ticker, and buy data x to separate price and amount ; for multiple stocks in the portfolio Example: - Portfolio 1: GrowthPortfolio:AAPL:150.25x10;TSLA:266.72x5 - Portfolio 2: DividendPortfolio:KO:55.20x50;PG:145.30x30 Notes - Hebrew Support: Settings and labels are optimized for Hebrew users. - Manual Input: Enter portfolio data manually in the settings dialog using the correct format. - Compatibility: Works with any stock ticker supported by TradingView. ืชื™ืื•ืจ ืื™ื ื“ื™ืงื˜ื•ืจ SBC Portfo PNL ื”ื•ื ื›ืœื™ ื™ื“ื™ื“ื•ืชื™ ืœืžืฉืชืžืฉ ืฉืชื•ื›ื ืŸ ื‘ืžื™ื•ื—ื“ ืขื‘ื•ืจ ืกื•ื—ืจื™ื ื“ื•ื‘ืจื™ ืขื‘ืจื™ืช ืœืžืขืงื‘ ืื—ืจ ืจื•ื•ื— ื•ื”ืคืกื“ (PNL) ืฉืœ ืชื™ืงื™ ื”ืžื ื™ื•ืช ืฉืœื”ื ื™ืฉื™ืจื•ืช ื‘ื’ืจืคื™ื ืฉืœ TradingView. ื”ื•ื ืชื•ืžืš ื‘ืขื“ 5 ืชื™ืงื™ื ื ืคืจื“ื™ื, ื›ืืฉืจ ื›ืœ ืชื™ืง ื™ื›ื•ืœ ืœื”ื›ื™ืœ ืžืกืคืจ ื‘ืœืชื™ ืžื•ื’ื‘ืœ ืฉืœ ืžื ื™ื•ืช ืขื ืคืงื•ื“ื•ืช ืงื ื™ื™ื” ื‘ืœืชื™ ืžื•ื’ื‘ืœื•ืช, ื•ืžืืคืฉืจ ืžืขืงื‘ ื‘ื–ืžืŸ ืืžืช ืื—ืจ ื‘ื™ืฆื•ืขื™ ื”ืชื™ืง. ืชื›ื•ื ื•ืช ืขื™ืงืจื™ื•ืช - ืชืžื™ื›ื” ื‘ืจื™ื‘ื•ื™ ืชื™ืงื™ื: ืžืขืงื‘ ืื—ืจ ืขื“ 5 ืชื™ืงื™ื ื ืคืจื“ื™ื ืขื‘ื•ืจ ืืกื˜ืจื˜ื’ื™ื•ืช ืžืกื—ืจ ืื• ื—ืฉื‘ื•ื ื•ืช ืฉื•ื ื™ื. - ืจื™ืฉื•ื ืžื ื™ื•ืช ืœืœื ื”ื’ื‘ืœื”: ื”ื•ืกืคืช ืžืกืคืจ ื‘ืœืชื™ ืžื•ื’ื‘ืœ ืฉืœ ืžื ื™ื•ืช ื•ืคืงื•ื“ื•ืช ืงื ื™ื™ื” ืœื›ืœ ืชื™ืง. - ืคืงื•ื“ื•ืช ืงื ื™ื™ื” ืžืคื•ืจื˜ื•ืช: ื”ื–ื ืช ื ืชื•ื ื™ื ืขื‘ื•ืจ ื›ืœ ืžื ื™ื”: - ืกื™ืžื•ืœ ื”ืžื ื™ื” (ืœืžืฉืœ, AAPL, TSLA). - ืžื—ื™ืจ ืงื ื™ื™ื” (ืœืžืฉืœ, 150.25). - ื›ืžื•ืช ืงื ื™ื™ื” (ืœืžืฉืœ, 10). - ืžืžืฉืง ื™ื“ื™ื“ื•ืชื™ ืœืขื‘ืจื™ืช: ื—ืœื•ื ื™ืช ื”ื’ื“ืจื•ืช ืื™ื ื˜ื•ืื™ื˜ื™ื‘ื™ืช ืขื ื”ื•ืจืื•ืช ื‘ืจื•ืจื•ืช ื‘ืขื‘ืจื™ืช. - ืžืขืงื‘ PNL ื”ื ื™ืชืŸ ืœื”ืชืืžื”: ื”ืฆื’ืช ืจื•ื•ื— ื•ื”ืคืกื“ ื‘ื’ืจืคื™ื ืขื ืขื“ื›ื•ื ื™ื ื‘ื–ืžืŸ ืืžืช ื‘ื”ืชื‘ืกืก ืขืœ ื ืชื•ื ื™ ื”ืฉื•ืง. ื›ื™ืฆื“ ืœื”ืฉืชืžืฉ 1. ื”ื•ืกืคืช ื”ืื™ื ื“ื™ืงื˜ื•ืจ: - ื ื•ื•ื˜ ืœืชืคืจื™ื˜ ื”ืื™ื ื“ื™ืงื˜ื•ืจื™ื ื‘-TradingView ื•ื”ื•ืกืฃ ืืช "SBC Portfo PNL Indicator". 2. ื”ื’ื“ืจืช ืชื™ืงื™ื: - ืคืชื— ืืช ื—ืœื•ื ื™ืช ื”ื”ื’ื“ืจื•ืช ืฉืœ ื”ืื™ื ื“ื™ืงื˜ื•ืจ. - ืขื‘ื•ืจ ื›ืœ ืชื™ืง (ืขื“ 5), ื”ื–ืŸ ื ืชื•ื ื™ื ื‘ืฉื“ื•ืช ื”ืžืกื•ืคืงื™ื ื‘ืคื•ืจืžื˜ ื”ื‘ื: PortfolioName:StockTicker:BuyPricexBuyAmount;StockTicker:BuyPricexBuyAmount ืœื“ื•ื’ืžื”: Portfolio1:AAPL:150.25x10;TSLA:266.72x5 ืฉื•ืจื” ื–ื• ืžื™ื™ืฆื’ืช ืชื™ืง ื‘ืฉื "Portfolio1" ืขื: - 10 ืžื ื™ื•ืช ืฉืœ AAPL ืฉื ืงื ื• ื‘-$150.25. - 5 ืžื ื™ื•ืช ืฉืœ TSLA ืฉื ืงื ื• ื‘-$266.72. - ื—ื–ื•ืจ ืขืœ ื”ืชื”ืœื™ืš ืขื‘ื•ืจ ืชื™ืงื™ื ื ื•ืกืคื™ื (ืœืžืฉืœ, Portfolio2, Portfolio3). - ื ื™ืชืŸ ืœื”ื•ืกื™ืฃ ืคืงื•ื“ื•ืช ืงื ื™ื™ื” ืžืจื•ื‘ื•ืช ืœืื•ืชื” ืžื ื™ื” ืœืคื™ ื”ืฆื•ืจืš (ืœืžืฉืœ, AAPL:160.50x20). 3. ื”ื—ืœืช ื”ื”ื’ื“ืจื•ืช: - ืฉืžื•ืจ ืืช ื”ื”ื’ื“ืจื•ืช ืœื”ืฆื’ืช ื”-PNL ื‘ื”ืชื‘ืกืก ืขืœ ืžื—ื™ืจื™ ื”ืฉื•ืง ื”ื ื•ื›ื—ื™ื™ื. 4. ืžืขืงื‘ ืื—ืจ PNL: - ืฆืคื” ื‘-PNL ืขื‘ื•ืจ ื›ืœ ืชื™ืง ื‘ื’ืจืฃ ื‘ืืžืฆืขื•ืช ื˜ื‘ืœืื•ืช, ืชื•ื•ื™ื•ืช ืื• ืฉื›ื‘ื•ืช ื’ืจืคื™ื•ืช (ื‘ื”ืชืื ืœื”ื’ื“ืจื•ืช). ืคื•ืจืžื˜ ืงืœื˜ ื”ื–ืŸ ื ืชื•ื ื™ ืชื™ืง ื™ื“ื ื™ืช ื‘ื—ืœื•ื ื™ืช ื”ื”ื’ื“ืจื•ืช, ืฉื“ื” ืงืœื˜ ืื—ื“ ืœื›ืœ ืชื™ืง: PortfolioName:StockTicker:BuyPricexBuyAmount;StockTicker:BuyPricexBuyAmount PortfolioName: ืฉื ื™ื™ื—ื•ื“ื™ (ืœืžืฉืœ, Portfolio1, Growth). StockTicker: ืกื™ืžื•ืœ ื”ืžื ื™ื” (ืœืžืฉืœ, AAPL). BuyPrice: ืžื—ื™ืจ ืจื›ื™ืฉื” ืœืžื ื™ื” (ืœืžืฉืœ, 150.25). BuyAmount: ืžืกืคืจ ื”ืžื ื™ื•ืช (ืœืžืฉืœ, 10). ื”ืฉืชืžืฉ ื‘- : ืœื”ืคืจื“ื” ื‘ื™ืŸ ืฉื ื”ืชื™ืง, ืกื™ืžื•ืœ ื•ื ืชื•ื ื™ ืงื ื™ื™ื” x ืœื”ืคืจื“ื” ื‘ื™ืŸ ืžื—ื™ืจ ื•ื›ืžื•ืช ; ืœื”ืคืจื“ื” ื‘ื™ืŸ ืžื ื™ื•ืช ืžืจื•ื‘ื•ืช ื“ื•ื’ืžื”: - ืชื™ืง 1: GrowthPortfolio:AAPL:150.25x10;TSLA:266.72x5 - ืชื™ืง 2: DividendPortfolio:KO:55.20x50;PG:145.30x30 Release Notes Version 1.1 includes: - Calculations for extended hours (Pre-Market & After-Hours). - Option to display portfolio summary data for stocks not in the portfolio (enable via settings checkbox). - Table background for better visibility; click to bring table to the front. - Updated text strings (names, titles, tooltips). ื”ืขืจื•ืช ืชืžื™ื›ื” ื‘ืขื‘ืจื™ืช: ื”ื”ื’ื“ืจื•ืช ื•ื”ืชื•ื•ื™ื•ืช ืžื•ืชืืžื•ืช ืœืžืฉืชืžืฉื™ื ื“ื•ื‘ืจื™ ืขื‘ืจื™ืช. ื”ื–ื ื” ื™ื“ื ื™ืช: ื”ื–ืŸ ื ืชื•ื ื™ ืชื™ืง ื™ื“ื ื™ืช ื‘ื—ืœื•ื ื™ืช ื”ื”ื’ื“ืจื•ืช ืชื•ืš ืฉื™ืžื•ืฉ ื‘ืคื•ืจืžื˜ ื”ื ื›ื•ืŸ. ืชืื™ืžื•ืช: ืขื•ื‘ื“ ืขื ื›ืœ ืกื™ืžื•ืœ ืžื ื™ื” ื”ื ืชืžืš ืขืœ ื™ื“ื™ TradingView. ื’ืจืกื” 1.1 ืžื›ื™ืœื”: 1. ื—ื™ืฉื•ื‘ื™ื ื›ื•ืœืœื™ื ืฉืขื•ืช ืžืกื—ืจ ืžื•ืจื—ื‘ื•ืช (Pre-Market ื•-After-Hours). 2. ืืคืฉืจื•ืช ืœื”ืฆื™ื’ ื ืชื•ื ื™ ืชื™ืง ื›ื•ืœืœื™ื ืขื‘ื•ืจ ืžื ื™ื•ืช ืฉืื™ื ืŸ ื‘ืชื™ืง (ื”ืคืขืœ ื‘ืืžืฆืขื•ืช ืชื™ื‘ืช ืกื™ืžื•ืŸ ื‘ื”ื’ื“ืจื•ืช). 3. ืฆื‘ืข ืจืงืข ืœื˜ื‘ืœื” ืœืฉื™ืคื•ืจ ื”ื ืจืื•ืช; ืœื—ื™ืฆื” ืขืœ ื”ื˜ื‘ืœื” ืžื‘ื™ืื” ืื•ืชื” ืœื—ื–ื™ืช. 4. ืชื™ืงื•ืŸ ื ื•ืกื—ื™ื (ืฉืžื•ืช, ื›ื•ืชืจื•ืช, ื•ื˜ื•ืœื˜ื™ืคื™ื).
Pine Scriptยฎ indicator
by shay_private
Rocky's Dynamic DikFat Supply & Demand ZonesDynamic Supply & Demand Zones Overview The Dynamic Supply & Demand Zones indicator identifies key supply and demand levels on your chart by detecting pivot highs and lows. It draws customizable boxes around these zones, helping traders visualize areas where price may react. With flexible display options and dynamic box behavior, this tool is designed to assist in identifying potential support and resistance levels for various trading strategies. Key Features Pivot-Based Zones: Automatically detects supply (resistance) and demand (support) zones using pivot highs and lows on the chartโ€™s timeframe. Dynamic Box Sizing: Boxes shrink when price enters them, reflecting reduced zone strength, and stop adjusting once price fully crosses through. Customizable Display: Choose to show current-day boxes, historical boxes, or all boxes, with an option to update past box colors dynamically. Session-Based Extension: Boxes can extend to the current bar or stop at 4:00 PM of the creation dayโ€™s 9:30 AMโ€“4:00 PM trading session (ideal for stock markets). Color Coding: Borders change color based on price position: Green for demand zones (price above the box). Red for supply zones (price below the box). White for neutral zones (price inside the box). User-Friendly Inputs: Adjust pivot lookback periods, box visibility, extension behavior, and colors via intuitive input settings. How It Works Zone Detection: The indicator uses pivot highs and lows to define supply and demand zones, plotting boxes between these levels. Box Behavior: Boxes are created when pivot highs and lows are confirmed, with no overlap with the previous box. When price enters a box, it shrinks to reflect interaction, stopping once price exits completely. Boxes can extend to the current bar or end at 4:00 PM of the creation day (or next trading day if created after 4:00 PM or on weekends). Display Options: Current Only: Shows boxes created on the current day. Historical Only: Shows boxes from previous days, with optional color updates. All Boxes: Shows all boxes, with an option to hide historical box color updates. Performance: Limits the number of boxes to 200 to ensure smooth performance, removing older boxes as needed. Inputs Pivot Look Right/Left: Set the number of bars (default: 2) to confirm pivot highs and lows. What Boxes to Show: Select Current Only, Historical Only, or All Boxes (default: Current Only). Boxes On/Off: Toggle box visibility (default: on). Extend Boxes to Current Bar: Choose whether boxes extend to the current bar or stop at 4:00 PM (default: off, stops at 4:00 PM). Update Past Box Colors: Enable/disable color updates for historical boxes (default: on). Demand/Supply/Neutral Box Color: Customize border colors (default: green, red, white). How to Use Add the indicator to your chart. Adjust inputs to match your trading style (e.g., pivot lookback, box extension, colors). Use the boxes to identify potential support (demand) and resistance (supply) zones: Green-bordered boxes (price above) may act as support. Red-bordered boxes (price below) may act as resistance. White-bordered boxes (price inside) indicate active price interaction. Combine with other analysis tools (e.g., trendlines, indicators) to confirm trade setups. Monitor box shrinking to gauge zone strength and watch for breakouts when price fully crosses a box. Understanding Supply and Demand in Stock Trading In stock trading, supply and demand are fundamental forces driving price movements. Demand refers to the willingness of buyers to purchase a stock at a given price, often creating support levels where buying interest prevents further price declines. Supply represents the willingness of sellers to offload a stock, forming resistance levels where selling pressure halts price increases. These zones are critical because they highlight areas where significant buying or selling activity has occurred, influencing future price behavior. The importance of supply and demand lies in their ability to reveal where institutional traders, with large orders, have entered or exited the market. Demand zones, often seen at pivot lows, indicate strong buying interest and potential areas for price reversals or bounces. Supply zones, typically at pivot highs, signal heavy selling and possible reversal points for downward moves. By identifying these zones, traders can anticipate where price is likely to stall, reverse, or break out, enabling better entry and exit decisions. This indicator visualizes these zones as dynamic boxes, making it easier to spot high-probability trading opportunities while emphasizing the core market dynamics of supply and demand. Feedback This indicator is designed to help traders visualize supply and demand zones effectively. If you have suggestions for improvements, please share your feedback in the comments!
Pine Scriptยฎ indicator
by Midgar-
1
CorrelationMulti-Timeframe Correlation Indicator This Pine Script indicator measures the correlation between the current symbol and a reference symbol (default: GLD) across three different timeframes. It provides traders with valuable insights into how assets move in relation to each other over short, medium, and long-term periods. Key Features Multiple Timeframe Analysis: Calculates correlation coefficients over three customizable periods (default: 20, 50, and 200 bars) Visual Reference Lines: Displays horizontal lines at +1, 0, and -1 to indicate perfect positive correlation, no correlation, and perfect negative correlation Color-Coded Outputs: Shows short-term correlation in green, medium-term in yellow, and long-term in red for easy visual interpretation Understanding Correlation The correlation coefficient measures the statistical relationship between two data series, ranging from -1 to +1: +1: Perfect positive correlation (both assets move together in the same direction) 0: No correlation (movements are random and independent) -1: Perfect negative correlation (assets move in opposite directions) How To Use This Indicator Market Relationships: Identify how strongly your current asset correlates with the reference symbol Diversification Analysis: Find assets with negative correlations to build a diversified portfolio Divergence Opportunities: Watch for changes in correlation patterns that might signal trading opportunities Trend Confirmation: Use correlation with benchmark assets to confirm broader market trends Customization Options Reference Symbol: Change the default GLD to any other symbol you want to compare against Period Lengths: Adjust the short, medium, and long timeframes to match your trading strategy and timeframe This indicator helps traders make more informed decisions by understanding the interrelationships between different assets across various timeframes, potentially improving portfolio construction and risk management strategies.
Pine Scriptยฎ indicator
by sixfur
VWAP Double Touch Alert (Timeframe-Aware)๐Ÿ“Œ VWAP Double Touch Alert โ€” Smart Re-entry Signal for Precision Traders Take your VWAP trading to the next level with this intelligent indicator that filters out the noise and zeroes in on high-probability re-entry setups. ๐Ÿ’ก How it works: This script tracks every time price touches the VWAP line and alerts you when it happens twice within a defined window of time (adjustable per your timeframe). This is often a sign of smart money accumulation, potential reversals, or explosive breakouts. ๐Ÿ” Why Traders Love It: โœ… Filters out weak signals โ€” only alerts on confirmed double touches โœ… Fully adjustable VWAP zone sensitivity โœ… Selectable timeframe profiles or custom window (1m, 5m, 15m, 30m, etc.) โœ… Clean visual cues with minimal chart clutter โœ… Perfect for scalping, intraday reversals, or VWAP mean-reversion strategies โš™๏ธ Customization: VWAP zone width (in %) Time window in bars or automatic based on timeframe Custom alert messages Alert only triggers once per double-touch event to avoid spamming ๐ŸŽฏ Best For: Crypto scalpers & day traders VWAP bounce and mean-reversion traders Traders who want clean, conclusive entry alerts without lag
Pine Scriptยฎ indicator
by markushernlind
1
Stochastic RSI with MTF TableShort Description of the Script The provided Pine Script indicator, titled "Stochastic RSI with MTF Table," calculates and displays the Stochastic RSI for the current timeframe and multiple other timeframes (5m, 15m, 30m, 60m, 240m, and daily). The Stochastic RSI is a momentum indicator that blends the Relative Strength Index (RSI) and Stochastic Oscillator to identify overbought and oversold conditions, as well as potential trend reversals via K and D line crossovers. Key features of the script include: Inputs: Customizable parameters such as K smoothing (default 3), D smoothing (default 3), RSI length (default 14), Stochastic length (default 14), source price (default close), and overbought/oversold levels (default 80/20). MTF Table: A table displays the Stochastic RSI status for each timeframe: "OB" (overbought) if K > 80, "OS" (oversold) if K < 20, or "N" (neutral) otherwise. Crossovers: "Kโ†‘D" for bullish (K crosses above D) and "Kโ†“D" for bearish (K crosses below D). Visualization: Plots the K and D lines for the current timeframe, with horizontal lines at 80 (overbought), 50 (middle), and 20 (oversold), plus a background fill for clarity. Table Position: Configurable to appear in one of four chart corners (default: top-right). This indicator helps traders assess momentum across multiple timeframes simultaneously, aiding in the identification of trend strength and potential entry/exit points. Trading Strategy with 50EMA and 200EMA for Highest Winning Rate To create a strategy with the best probability of a high winning rate using the Stochastic RSI MTF indicator alongside the 50-period Exponential Moving Average (50EMA) and 200-period Exponential Moving Average (200EMA), we can combine trend identification with momentum-based entry timing. The 50EMA and 200EMA are widely used to determine medium- and long-term trends, while the Stochastic RSI MTF table provides multi-timeframe momentum signals. Hereโ€™s the strategy: 1. Determine the Overall Trend Bullish Trend: The 50EMA is above the 200EMA on the current timeframe (e.g., daily or 60m chart). This suggests an uptrend, often associated with a "Golden Cross." Bearish Trend: The 50EMA is below the 200EMA on the current timeframe. This indicates a downtrend, often linked to a "Death Cross." Implementation: Plot the 50EMA and 200EMA on your chart and visually confirm their relative positions. 2. Identify Entry Signals Using the Stochastic RSI MTF Table In a Bullish Trend (50EMA > 200EMA): Look for timeframes in the MTF table showing: Oversold (OS): K < 20, indicating a potential pullback in the uptrend where price may rebound. Bullish Crossover (Kโ†‘D): K crosses above D, signaling rising momentum and a potential entry point. Example: If the 60m and 240m timeframes show "OS" or "Kโ†‘D," this could be a buy signal. In a Bearish Trend (50EMA < 200EMA): Look for timeframes in the MTF table showing: Overbought (OB): K > 80, suggesting a rally in the downtrend where price may reverse downward. Bearish Crossover (Kโ†“D): K crosses below D, indicating declining momentum and a potential short entry. Example: If the 30m and daily timeframes show "OB" or "Kโ†“D," this could be a sell/short signal. Current Timeframe Check: Use the plotted K and D lines on your trading timeframe for precise entry timing (e.g., confirm a Kโ†‘D crossover on a 60m chart for a long trade). 3. Confirm Signals Across Multiple Timeframes Strengthen the Signal: A higher winning rate is more likely when multiple timeframes align with the trend and signal. For instance: Bullish trend + "OS" or "Kโ†‘D" on 60m, 240m, and daily = strong buy signal. Bearish trend + "OB" or "Kโ†“D" on 15m, 60m, and 240m = strong sell signal. Prioritize Higher Timeframes: Signals from the 240m or daily timeframe carry more weight due to their indication of broader trends, increasing reliability. 4. Set Stop-Loss and Take-Profit Levels Long Trades (Bullish): Stop-Loss: Place below the most recent swing low or below the 50EMA, whichever is closer, to protect against trend reversals. Take-Profit: Target a key resistance level or use a risk-reward ratio (e.g., 2:1 or 3:1) based on the stop-loss distance. Short Trades (Bearish): Stop-Loss: Place above the most recent swing high or above the 50EMA, whichever is closer. Take-Profit: Target a key support level or apply a similar risk-reward ratio. Trailing Stop Option: As the trend progresses, trail the stop below the 50EMA (for longs) or above it (for shorts) to lock in profits. 5. Risk Management Position Sizing: Risk no more than 1-2% of your trading capital per trade to minimize losses from false signals. Volatility Consideration: Adjust stop-loss distances and position sizes based on the assetโ€™s volatility (e.g., wider stops for volatile stocks or crypto). Avoid Overtrading: Wait for clear alignment between the EMA trend and MTF signals to avoid low-probability setups. Example Scenario Chart: 60-minute timeframe. Trend: 50EMA > 200EMA (bullish). MTF Table: 60m shows "OS," 240m shows "Kโ†‘D," and daily is "N." Action: Enter a long position when the 60m K line crosses above D, confirming the table signal. Stop-Loss: Below the recent 60m swing low (e.g., 2% below entry). Take-Profit: At the next resistance level or a 3:1 reward-to-risk ratio. Outcome: High probability of success due to trend alignment and multi-timeframe confirmation. Why This Strategy Works Trend Following: Trading in the direction of the 50EMA/200EMA trend reduces the risk of fighting the marketโ€™s momentum. Momentum Timing: The Stochastic RSI MTF table pinpoints pullbacks or reversals within the trend, improving entry timing. Multi-Timeframe Confirmation: Alignment across timeframes filters out noise, increasing the win rate. Risk Control: Defined stop-loss and position sizing protect against inevitable losses. Caveats No strategy guarantees a 100% win rate; false signals can occur, especially in choppy markets. Test this strategy on historical data or a demo account to verify its effectiveness for your asset and timeframe. This approach leverages the strengths of both trend-following (EMA) and momentum (Stochastic RSI) tools, aiming for a high-probability, disciplined trading system.
Pine Scriptยฎ indicator
by IP2290
BB Vicinity Reversal SignalsThis indicator detects potential intraday reversal opportunities based on price action near the outer edges of Bollinger Bands (ยฑ2.7 std dev). Unlike traditional Bollinger Band signals that require strict band touches or crossings, this tool identifies reversals that occur in the vicinity of the outer bands, increasing signal frequency while maintaining logical precision. โœ… Key Features: Buy Signal: Triggered when a bullish candle with a strong body forms near the lower Bollinger Band. Sell Signal: Triggered when a bearish candle with a strong body forms near the upper Bollinger Band. Vicinity logic: User-adjustable % range from the outer bands (default: 20%) to define how close price must be. Body-to-candle ratio filter: Ensures that only meaningful directional candles trigger signals. No repainting: All signals are generated in real-time based on confirmed candle closes. Built-in alerts: Receive instant notifications for buy and sell setups. This tool is ideal for traders looking to capture high-probability mean-reversion trades without being overly restrictive. It works well on intraday timeframes like 5m, 15m, and 1h.
Pine Scriptยฎ indicator
by viharka
2
TLC sessionA Professional Intraday Session Tracker with VWAP and Economic Event Integration Description This indicator provides visual tracking of major trading sessions (Asian, London, New York) combined with VWAP calculations and macroeconomic event zones. It's designed for intraday traders who need to monitor session overlaps, liquidity periods, and high-impact news events. The basic script of trading sessions was taken as a basis and refined for greater convenience. Key Features: Customizable Session Tracking: Visualize up to 3 trading sessions with adjustable time zones (supports IANA & GMT formats) Dynamic VWAP Integration: Built-in Volume-Weighted Average Price calculation Macro Event Zones: Highlights key economic announcement windows (adjustable for summer/winter time) Price Action Visualization: Displays open/close prices, session ranges, and average price levels Automatic DST Adjustment: Uses IANA timezone database for daylight savings awareness How It Works 1. Trading Session Detection Three fully configurable sessions (e.g., Asia, London, New York) Each session displays: Colored background zone Opening price (dashed line) Closing price (dashed line) Average price (dotted line) Optional label with session name 2. VWAP Calculation Standard Volume-Weighted Average Price plotted as circled line Helps identify fair value within each session 3. Macro Event Zones Special highlighted period for economic news releases Automatically adjusts for summer/winter time Default set to 1000-1200 (summer) or 0900-1100 (winter) GMT-5 (US session open) Why This Indicator is Unique Multi-Session Awareness Unlike simple session indicators, this tool: Tracks price development within each session Shows session overlaps (critical for volatility periods) Maintains separate VWAP calculations across sessions Professional-Grade Features IANA timezone support (automatic DST handling) Customizable visual elements (toggle labels, ranges, averages) Object-based architecture (clean, efficient rendering) News event integration (helps avoid trading during high-impact releases) Usage Recommendations Best Timeframes 1-minute to 1-hour charts (intraday focus) Not recommended for daily+ timeframes Trading Applications 1. Session Breakout Strategy: Trade breakouts when London/New York sessions open 2. VWAP Reversion: Fade moves that deviate too far from VWAP 3. News Avoidance: Reduce position sizing during macro event windows Visual Example Asian session (red) London session (blue) New York session (purple) Macro event zone (white) VWAP line (gold circles) The basic script of trading sessions was taken as a basis and refined for greater convenience.
Pine Scriptยฎ indicator
by TradersLifeCommmunity
1
Apex Edge - MTF Confluence PanelApex Edge โ€“ MTF Confluence Panel Description: The Apex Edge โ€“ MTF Confluence Panel is a powerful multi-timeframe analysis tool built to streamline trade decision-making by aggregating key confluences across three user-defined timeframes. The panel visually presents the state of five core market signalsโ€”Trend, Momentum, Sweep, Structure, and Trapโ€”alongside a unified Score column that summarizes directional bias with clarity. Traders can customize the number of bullish/bearish conditions required to trigger a score signal, allowing the tool to be tailored for both conservative and aggressive trading styles. This script is designed for those who value a clean, structured, and objective approach to identifying market alignmentโ€”whether scalping or swing trading. How it Works: Across each of the three selected timeframes, the panel evaluates: Trend: Based on a user-configurable Hull Moving Average (HMA), the script compares price relative to trend to determine bullish, bearish, or neutral bias. Momentum: Uses OBV (On-Balance Volume) with volume spike detection to identify bursts of strong buying or selling pressure. Sweep: Detects potential liquidity grabs by identifying price rejections beyond prior swing highs/lows. A break below a previous low with reversal signals bullish intent (and vice versa for bearish). Structure: Uses dynamic pivot-based logic to identify market structure breaks (BOS) beyond recent confirmed swing levels. Trap: Flags potential false moves by measuring RSI overbought/oversold signal clusters combined with minimal price movementโ€”highlighting exhaustion or deceptive breaks. Score: A weighted consensus of the above components. The number of required confluences to trigger a score (default: 3) can be set by the user via input, offering flexibility in signal sensitivity. Why Itโ€™s Useful for Traders: Quick Decision-Making: The color-coded panel provides instant visual feedback on whether confluences align across timeframesโ€”ideal for fast-paced environments like scalping or high-volatility news sessions. Multi-Timeframe Confidence: Helps eliminate guesswork by confirming whether higher and lower timeframe conditions support your trade idea. Customizability: Adjustable confluence threshold means traders can fine-tune how sensitive the system isโ€”more signals for faster entries, stricter confluence for higher conviction trades. Built-In Alerts: Automated alerts for score alignment, trap detection, and liquidity sweeps allow traders to stay informed even when away from the screen. Strategic Edge: Supports directional bias confirmation and trade filtering with logic designed to mimic professional decision-making workflows. Features: Clean, real-time confluence table across three user-selected timeframes Configurable score sensitivity via โ€œMinimum Confluences for Scoreโ€ input Cell-based colour coding for at-a-glance trade direction Built-in alerts for score alignment, traps, and sweep triggers Note - This Indicator works great in sync with Apex Edge - Session Sweep Pro Useful levels for TP = previous session high/low boxes or fib levels. โš ๏ธ Disclaimer: This script is for informational and educational purposes only and should not be considered financial advice. Always perform your own due diligence and practice proper risk management when trading.
Pine Scriptยฎ indicator
by ApexEdge
Bollinger Volatility AnalyzerThe Bollinger Volatility Analyzer (BVA) is a powerful enhancement of the traditional Bollinger Bands indicator, tailored to help traders identify volatility cycles and catch potential breakouts with better precision and timing. It builds upon the foundational concept of Bollinger Bandsโ€”using a moving average and standard deviation bandsโ€”but adds crucial insights into market contraction and expansion, which can be instrumental in timing entries and exits. Here's how it works and why it's useful At its core, the indicator calculates a moving average (called the "basis") and plots two bandsโ€”one above and one belowโ€”based on a multiple of standard deviation. These bands expand during volatile periods and contract during quiet ones. The width between these bands, normalized as a percentage of the basis, gives us a sense of how compressed or expanded the market currently is. When the band width drops below a user-defined threshold (like 2%), the script highlights this with an orange triangle below the bar. This is the "squeeze" condition, signaling a potential buildup of market energyโ€”a kind of calm before the storm. What makes this version of Bollinger Bands particularly powerful is that it not only detects squeezes, but also tells you when price breaks out of that squeeze range. If price closes above the upper band after a squeeze, a green "Breakout โ†‘" label is shown; if it closes below the lower band, a red "Breakout โ†“" appears. These breakout labels act as entry signals, suggesting that volatility is returning and a directional move has begun. This indicator is especially useful in markets that tend to alternate between consolidation and breakout phases, such as forex, crypto, and even individual stocks. Traders who look for early signs of momentumโ€”whether for swing trading, scalping, or position buildingโ€”can benefit from this tool. During a quiet market phase, the indicator warns you that a move might be coming; when the move starts, it tells you the direction. In fast-moving markets, BVA helps filter out noise by focusing only on high-probability conditions: quiet consolidation followed by a strong breakout. Itโ€™s not a complete system by itselfโ€”it works best when paired with volume confirmation or oscillators like RSIโ€”but as a volatility trigger and directional guide, itโ€™s a reliable component of a trading workflow.
Pine Scriptยฎ indicator
by SupertradeOfficial
Aroon Buy & Sell (Custom TFs)Here's a detailed explanation of your Pine Script titled "Aroon Buy & Sell (Custom TFs)": ๐Ÿง  Strategy Overview: This script generates buy and sell signals using the Aroon indicator across two different timeframes: * One for detecting the primary trend (Trend Timeframe) * One for confirming precise entry signals (Signal Confirmation Timeframe) ๐Ÿ“Š Key Components: 1. User Inputs * trendTF: The timeframe used to determine overall trend direction (e.g., 5-minute). * signalTF: The faster timeframe for confirming trade signals (e.g., 1-minute). * aroonLength: Lookback period for the Aroon calculation (default 14). * cooldownPeriod: Number of bars to wait before allowing a new signal. 2. Aroon Calculation Function Calculates Aroon Up and Aroon Down values using the number of bars since the highest high and lowest low. 3. Multi-Timeframe Aroon Values Uses request.security to compute Aroon values on both trendTF and signalTF. 4. Trend Detection * A bullish trend is defined when Aroon Up crosses above Aroon Down on the trend timeframe. * A bearish trend is defined when Aroon Down crosses above Aroon Up. 5. Signal Logic * Buy Signal: When the overall trend is bullish and Aroon Down = 100 on the signal timeframe. * Sell Signal: When the trend is bearish and Aroon Up = 100 on the signal timeframe. 6. Cooldown Mechanism Prevents back-to-back signals by enforcing a cooldown (e.g., 20 bars) after each buy/sell. 7. Signal Plotting & Alerts Plots buy/sell signals directly on the chart and supports alerts for automation. ๐Ÿ“ˆ Visual Output: * BUY label below the bar when buy conditions are met. * SELL label above the bar when sell conditions are met. ๐Ÿ”” Alerts: Two alertconditions are defined to trigger alerts whenever a buy or sell signal occurs.
Pine Scriptยฎ indicator
by jaydipali622018
Apex Edge - Session Sweep ProApex Edge Session Sweep Pro By Apex Edge | 2025 Edition ๐Ÿ” What is it? The Apex Session Sweep Pro is a precision trading tool designed for identifying high-probability liquidity sweep entries during key global market sessions. It combines powerful sweep detection logic with dynamic candle colouring, session visualization, TP projections, and real-time alerts โ€” all within a clean, performance-optimized Pine Script engine. This is not your average session box indicator. This is Apex-grade. โš™๏ธ How it Works The indicator detects session liquidity sweeps by tracking price action relative to previous session highs and lows. When a session high/low is swept (i.e., price breaches it and then closes in the opposite direction), it generates a signal: Buy Signal โ†’ Price sweeps previous low and closes back above it Sell Signal โ†’ Price sweeps previous high and closes back below it Each session is boxed on the chart (Tokyo, London, New York, Sydney), color-coded, and dynamically labelled. Upon detecting a valid sweep, the script: Plots a small entry label (toggleable) Projects up to 5 customizable TP levels Coloured candles for visual trade direction Alerts for Buy or Sell sweep signals (optional) All elements are memory-managed and customizable to suit your trading style. ๐Ÿง  Key Features โœ… Smart Sweep Detection Logic โœ… Global Market Session Boxes (Custom Times) โœ… Toggleable Entry Labels + TP Levels โœ… Candle Colouring by Signal โœ… Manual TP input + TP toggles โœ… Real-time Alerts for Apex entries ๐Ÿ•’ Why Are My Sessions Offset? Your chartโ€™s time zone may be different from UTC. This script is UTC-based by design, so if your chart is set to UTC+1, for example, the sessions will appear one hour later. Either: Adjust your chart to UTC or or Exchange for perfect alignment, Or tweak the session input times manually. ๐Ÿงฐ Who is this for? This tool is made for: Intraday traders looking for sweeps into liquidity SMC (Smart Money Concept) strategists Forex, crypto, and indices traders Anyone who uses session-based levels to define entries Whether you scalp London or ride NY swings, this tool frames each session cleanly โ€” and shows you where the traps are laid. ๐Ÿšจ Disclaimer This indicator is a technical tool, not financial advice. Use proper risk management. Past performance โ‰  future results.
Pine Scriptยฎ indicator
by ApexEdge
Apex Edge โ€“ Super RSIThe Apex Edge โ€“ Super RSI is not your average RSI. This is an institutional-grade signal engine designed for serious traders who want confluence, control, and confidence โ€” all wrapped into one visual powerhouse. โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” KEY FEATURES โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” โœ” **RSI + Divergence Engine** โ€ƒโ€ข Classic & Hidden Divergences (auto-detected) โ€ƒโ€ข Labelled with shapes: โ€ƒโ€ƒโ–ฒ Green Triangle โ€“ Buy Signal (strength-based size) โ€ƒโ€ƒโ–ผ Red Triangle โ€“ Sell Signal โ€ƒโ€ƒโ—† Green Diamond โ€“ Classic Bullish Divergence โ€ƒโ€ƒโ—† Red Diamond โ€“ Classic Bearish Divergence โ€ƒโ€ƒโ— Green Circle โ€“ Hidden Bullish Divergence โ€ƒโ€ƒโ— Red Circle โ€“ Hidden Bearish Divergence Note - Users can edit symbol colours in settings for better clarity โœ” **Trap Detection System** โ€ƒโ€ข Detects low-move, high-signal clusters (liquidity traps) โ€ƒโ€ข Automatically suppresses signals for X bars after detection โ€ƒโ€ข Trap zones shown with shaded background (optional) โœ” **Signal Scoring Logic** โ€ƒโ€ข Each signal is scored 1โ€“6 based on: โ€ƒโ€ƒโ€ข RSI Threshold Break โ€ƒโ€ƒโ€ข RSI Slope โ€ƒโ€ƒโ€ข Divergence Detected โ€ƒโ€ƒโ€ข Trap Avoidance โ€ƒโ€ƒโ€ข Multi-Timeframe Confluence (optional) โ€ƒโ€ข The plotted shape size reflects the strength of the entry signal โœ” **Multi-Timeframe Confluence (MTF)** โ€ƒโ€ข Optional filter that uses HTF and VHTF RSI alignment โ€ƒโ€ข Prevents countertrend signals โ€ƒโ€ข MTF Bias shown on HUD panel โœ” **Always-On HUD Panel** โ€ƒโ€ข Displays: โ€ƒโ€ƒโ€ข Signal Type โ€ƒโ€ƒโ€ข Signal Score โ€ƒโ€ƒโ€ข Divergence Type โ€ƒโ€ƒโ€ข RSI (LTF & HTF) โ€ƒโ€ƒโ€ข Trap & Cooldown Status โ€ƒโ€ƒโ€ข MTF Bias โ€ƒโ€ƒโ€ข Volatility % โœ” **Alert Ready** โ€ƒโ€ข Buy/Sell alerts โ€ƒโ€ข Trap Detected alert โ€ƒโ€ข Divergence alert with dynamic message โ€ƒโ€ข Perfect for webhook integrations โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” ๐Ÿ“˜ HOW TO TRADE IT โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” โœ… **Buy Setup** โ€ƒโ€ข Green triangle (โ–ฒ) appears **below bar** โ€ƒโ€ข RSI is oversold and rising โ€ƒโ€ข HTF RSI agrees (optional) โ€ƒโ€ข Signal score is 3+ for best confidence โ€ƒโ€ข Avoid signals during cooldown zone โœ… **Sell Setup** โ€ƒโ€ข Red triangle (โ–ผ) appears **above bar** โ€ƒโ€ข RSI is overbought and falling โ€ƒโ€ข HTF RSI agrees (optional) โ€ƒโ€ข Signal score is 3+ for best confidence โœ… **Divergences** โ€ƒโ€ข Use diamonds/circles to identify momentum shifts โ€ƒโ€ข Strongest when aligned with score 4โ€“6 โ—**Trap Zones** โ€ƒโ€ข When background is shaded, wait for cooldown โ€ƒโ€ข Signals during traps are suppressed for safety โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” ๐Ÿ“Š BEST USED WITH โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” ๐Ÿ”น Apex Edge โ€“ Session Sweep Pro (to visualize liquidity levels) ๐Ÿ”น Volume Profile or OBV (volume-based confirmation) ๐Ÿ”น EMA Ribbon (for trend alignment) ๐Ÿ”น Fair Value Gap indicator (smart money models) โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” ๐Ÿง  PRO TIPS โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” โ€ข Use the HUD for decision confidence โ€” if everything aligns, youโ€™ve got an Apex-grade setup. โ€ข Wait for candle close to confirm divergence-based entries. โ€ข Score 5โ€“6 = sniper entries. Score 1โ€“2 = warning shots. This indicator can be used alongside Apex Edge Session Sweep Pro for better visual clarity. โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” ยฉ Apex Edge | All rights reserved. 3 days ago Release Notes Update - Added a toggle to show/hide HUD when using on smaller mobile devices so as not to clutter the screen.
Pine Scriptยฎ indicator
by ApexEdge
7
CPR-Based Fib S/R with Circles by Arthavidhi๐Ÿ“Œ **CPR-Based Fibonacci S/R with Circles โ€“ Description** This indicator combines the power of **CPR (Central Pivot Range)** and **Fibonacci ratios** to plot highly probable intraday and swing Support/Resistance levels derived from the **daily price structure**. ### ๐Ÿง  **How It Works** * It uses the **Daily High, Low, and Close** to calculate the **Pivot Point** (P) as: `P = (High + Low + Close) / 3` * Then it calculates the **daily range**: `Range = High - Low` * Using this pivot and range, it derives both **Fibonacci-based Support and Resistance levels**: * **Support levels** at: 0.382, 0.5, 0.618, 1.0, 1.272, 1.618 below pivot * **Resistance levels** at: 0.382, 0.5, 0.618, 1.0, 1.272, 1.618 above pivot These are **plotted as small colored circles** on your chart, with **labels on the left** for easy identification of each Fib level (e.g., "0.382", "1.618"). --- ### ๐Ÿ“ˆ **How to Use It** ๐Ÿ”น **Intraday or Swing Traders**: * Use these levels to **anticipate reversals**, **breakouts**, or **targets**. * The levels act like a **natural price magnet** โ€” price tends to pause, bounce, or reverse near them. ๐Ÿ”น **Entry/Exit Zones**: * Combine with price action (like pin bars, engulfing, or inside bars) or volume near these levels to plan entries. * **R1.618 and S1.618** are great for extended targets or aggressive reversal setups. ๐Ÿ”น **CPR Center Line**: * Acts as a key mean-reversion zone or midline. You can combine this with VWAP or RSI for confirmation. --- ### ๐Ÿงฉ **Best Practices** * **Higher Timeframe Confluence**: Align this with HTF S/R or trendlines. * **Use Alerts**: Combine this with price action alerting tools (manually or with separate indicators). * **Do Not Use Alone**: For best results, combine with a strategy (e.g., Supply/Demand, VWAP bounce, Trendline breaks).
Pine Scriptยฎ indicator
by Arthavidhi
Percentage SDThis TradingView indicator, called "Percentage SD," measures how much the price of an asset is fluctuating (its volatility) and shows this as a percentage. You can choose which price to track (like the closing price) and the period over which to measure this volatility. The indicator then draws a yellow line in a separate panel below your main chart. When this line is higher, it means the price is more volatile relative to its current level. A lower line suggests less volatility. This can help you see when price movements are becoming more or less active.
Pine Scriptยฎ indicator
by mrKovacs101
0830-0845 High/Low Marker (Accurate Start + History)This indicator marks the high and low of the 15-minute candle between 08:30 and 08:45 (local time) of the trading session. The high and low are tracked dynamically, with the lines drawn once the 08:45 candle closes. Key Features: Session-based Tracking: Automatically tracks and records the high and low of the 15-minute period starting at 08:30 and ending at 08:45. Excludes 08:45 High : If a high is created exactly at 08:45, the indicator will ignore it and use the highest value before 08:45, ensuring it only references the price action during the specified window. Line Extension : The high and low lines are drawn and extended to the right for a user-defined number of bars, making them visible beyond the session's close. Customizable Parameters : Adjust the start and end times of the session, line colors, and line width to fit your preferences. Use Case : Ideal for traders who focus on the price action during the early part of the trading session (08:30 to 08:45) and want to track significant levels of support and resistance from that period. The extended lines help identify potential price zones for the rest of the session or the trading day.
Pine Scriptยฎ indicator
by ajd77
Moving Volume-Weighted Avg Price, % Channel, BBsThis script includes: - Moving Volume-Weighted Average Price line. - User-defined % band above and below, very useful for "breakout" signals, and mentally adjusting to the magnitude of price swings when viewing an automatic scale on the price axis. - Volume-Weighted Bollinger Bands, which are more sensitive to volume. More detail: - This is like TV's basic VWAP in concept, except the major flaw in that is that it has reset periods that you can't override, and the volume is cumulative until the next hard reset. The 'reset' is OK for securities trading, that resets every day anyway. But not for crypto - and not if/when securities trading goes 24/7. Also, the denominator accumulating over the entire period is also *not* OK, because then what is shown means something different as the day progresses - which kind of makes it useless. In other words, it starts out very sensitive to volume, and gets progressively more numb to it as they day progresses, and starts flattening out. - This fixes both problems, by using a user-definable moving window for the average. Essentially combining SMA with volume-weighting. - You may also find an invaluable trading aid, in the % bands above and below. - What can optionally be shown is standard deviation bands, aka Bollinger bands. The advantage over regular BB is that it's volume-weighted. Since it is already calculated on a moving average, the period for the standard deviation has been shortened by default, and the magnitude increased, to better approximate regular Bollinger Bands - but it's still more responsive to volume.
Pine Scriptยฎ indicator
by NeanderTraderBC
Volumetric Entropy IndexVolumetric Entropy Index (VEI) A volume-based drift analyzer that captures directional pressure, trend agreement, and entropy structure using smoothed volume flows. --- ๐Ÿง  What It Does: โ€ข Volume Drift EMAs : Shows buy/sell pressure momentum with adaptive smoothing. โ€ข Dynamic Bands : Bollinger-style volatility wrappers react to expanding/contracting drift. โ€ข Baseline Envelope : Clean structural white rails for mean-reversion zones or trend momentum. โ€ข Background Shading : Highlights when both sides (up & down drift) are in agreement โ€” green for bullish, red for bearish. โ€ข Alerts Included : Drift alignment, crossover events, net drift shifts, and strength spikes. --- ๐Ÿ” What Makes It Different: โ€ข Most volume indicators rely on bars, oscillators, or OBV-style accumulation โ€” this doesnโ€™t. โ€ข It compares directional EMAs of raw volume to isolate real-time bias and acceleration. โ€ข It visualizes the twisting tension between volume forces โ€” not just price reaction. โ€ข Designed to show when volatility is building inside the volume mechanics before price follows. โ€ข Modular โ€” every element is optional, so you can run it lean or fully loaded. --- ๐Ÿ“Š How to Use It: โ€ข Drift EMAs : Watch for one side consistently dominating โ€” sharp spikes often precede breakouts. โ€ข Bands : When they tighten and start expanding, it often signals directional momentum forming. โ€ข Envelope Lines : Use as high-probability reversal or continuation zones. Bands crossing envelopes = potential thrust. โ€ข Background Color : Green/red backgrounds confirm volume agreement. Can be used as a filter for other signals. โ€ข Net Drift : Optional smoothed oscillator showing the difference between bullish and bearish volume pressure. Crosses above or below zero signal directional bias shifts. โ€ข Drift Strength : Measures pressure buildup โ€” spikes often correlate with large moves. --- โš™๏ธ Full Customization: โ€ข Turn every layer on/off independently โ€ข Modify all colors, transparencies, and line widths โ€ข Adjust band width multiplier and envelope offset (%) โ€ข Toggle bonus plots like drift strength and net baseline --- ๐Ÿงช Experimental Tools: โ€ข Smoothed Net Drift trace โ€ข Drift Strength signal โ€ข Envelope lines and dynamic entropy bands with adjustable math --- Built for signal refinement. Made to expose directional imbalance before the herd sees it. Created by @Sherlock_Macgyver
Pine Scriptยฎ indicator
by Sherlock_MacGyver
3
Granville's 8 Rules Visualizer ๐Ÿง  Granvilleโ€™s 8 Rules Indicator Iโ€™ve created a Pine Script indicator that visually implements **Granvilleโ€™s Eight Rules**, one of the foundational theories for price movement relative to a moving average (MA). This tool helps traders better time entries and exits based on momentum shifts and MA behavior. --- ### ๐Ÿ“ˆ What is Granvilleโ€™s Law? Joseph Granvilleโ€™s theory suggests that **price and moving average (typically SMA)** interactions produce **8 recurring signals**: * **4 Buy signals** (B1โ€“B4) * **4 Sell signals** (S1โ€“S4) These rules help identify the beginning or continuation of bullish and bearish trends. --- ### ๐Ÿ” Indicator Logic This indicator uses a simple 20-period SMA (modifiable) and tracks price action in relation to it. Each signal is drawn as a triangle with a label (`B1` to `B4` or `S1` to `S4`), based on the following rules: #### โœ… Buy Signals: * **B1**: Price crosses above a rising MA (classic breakout) * **B2**: Price pulls back below a rising MA, then begins rising again * **B3**: Price bounces off a falling MA * **B4**: Price is above a rising MA but temporarily drops #### โŒ Sell Signals: * **S1**: Price crosses below a falling MA * **S2**: Price pulls back above a falling MA, then starts dropping again * **S3**: Price bounces down off a rising MA * **S4**: Price is below a falling MA but temporarily rises --- ### ๐Ÿ›  How to Use It: 1. **Trend Confirmation**: Use the moving average slope (rising or falling) as your trend filter. 2. **Entry Timing**: Look for Buy signals (B1โ€“B4) in uptrends and Sell signals (S1โ€“S4) in downtrends. 3. **Avoid Noise**: Combine with volume or volatility filters (e.g. ATR or squeeze) to eliminate weak setups. 4. **Customize**: Adjust the MA type or length to fit your market (e.g. EMA for crypto, SMA for FX). --- ### ๐Ÿ’ก Example Strategies: * Pair **B1 + rising volume** for early trend entries * Use **B2/B4** for retracement-based entries * Exit on **S3/S4** for profit taking or stop logic Happy trading!
Pine Scriptยฎ indicator
by shinhasegawa