Get started

Indicators and strategies

Market Structured OscillatorThis indicator is meant to act as an oscillator that'll help you follow market structure while using Williams %R calculations. It uses pivots hl indicator (built into tradingview, free) to determine the highs and lows. It is fully customizable to help tailor the number of pivots that you use while trading. Great for identifying divergences and true highs/lows. You can use it to help identify and analyze current price and market conditions or as an added confluence to your strategy.
Pine Script™ indicator
by IndicatorCraft
CBA Chande Momentum OscillatorX2 B&SSummary (using 2 Chande Momentum Values) Inputs & Data: The script begins by defining inputs for two lookback periods and the price source. Momentum Calculation: It calculates the price change (momentum) and then separates the positive and negative changes. Oscillator Computation: For each period, it sums the positive and negative momentum and computes the oscillator value as a percentage using the difference divided by the total. Plotting: The oscillator lines are plotted along with a zero reference line. Signal Generation: Buy and sell signals are generated based on reversed crossover logic between the two oscillator lines, and visual markers are placed on the chart when these signals occur. This script provides both numerical plots (the oscillator lines) and visual cues (the BUY/SELL labels) to help a trader understand the underlying momentum signals in the market.
Pine Script™ indicator
by ChalkBoardAnalytics
DataDoodles RSI Screener - ForexDataDoodles RSI Screener - Forex 📌 Overview The DataDoodles RSI Screener is a powerful multi-symbol RSI analyzer designed for Forex traders. This script provides an intuitive visual representation of the Relative Strength Index (RSI) across multiple Forex pairs, allowing traders to quickly identify overbought/oversold conditions, trends, and momentum shifts. 📌 Key Features ✅ Multi-Symbol RSI Screener – Monitors RSI across 40 major Forex pairs in a single view. ✅ Custom RSI Source – Choose between Price, OBV, or Open Interest as the RSI calculation source. ✅ Multiple Timeframes Support – Customize RSI timeframe for a multi-timeframe analysis. ✅ Gradient Coloring & Heatmap – Dynamic color coding makes it easy to spot strong and weak RSI levels. ✅ RSI Change Lines – Tracks previous RSI values to show historical momentum shifts. ✅ Group Average RSI Mode – Aggregates RSI values to generate a market-wide sentiment index. ✅ Customizable Display Options – Adjust label spacing, offsets, and appearance settings for personalized visualization. ✅ Interactive Table Header – Displays timeframe, RSI length, and source information for quick reference. ✅ Support & Resistance Levels – Plots RSI-based support/resistance zones to highlight potential trading opportunities. 📌 How to Use 1️⃣ Add the script to your chart (select a Forex pair, but the screener will analyze multiple pairs). 2️⃣ Configure settings like RSI length, source, timeframe, and visualization preferences. 3️⃣ Observe RSI trends, heatmap colors, and screener labels to identify market opportunities. 4️⃣ Use the Group Average RSI mode to assess overall market strength. 📌 Ideal For ✔ Forex traders looking for a quick RSI screener across multiple pairs. ✔ Swing & day traders who use RSI-based strategies to time entries and exits. ✔ Anyone who wants a visual & easy-to-read RSI dashboard. 🔥 Upgrade your Forex trading with the DataDoodles RSI Screener! 🚀
Pine Script™ indicator
by armthanathat
Chart Box Session Indicator [The Quant Science]This indicator allows highlighting specific time sessions within a chart by creating colored boxes to represent the price range of the selected session. Is an advanced and flexible tool for chart segmenting trading sessions. Thanks to its extensive customization options and advanced visualization features, it allows traders to gain a clear representation of key market areas based on chosen time intervals. The indicator offers two range calculation modes: Body to Body: considers the range between the opening and closing price. Wick to Wick: considers the range between the session's low and high. Body To Body Wick to Wick Key Features 1. Session Configuration - Users can select the time range of the session of interest. - Option to choose the day of the week for the calculation. - Supports UTC timezone selection to correctly align data. 2. Customizable Visualization - Option to display session price lines. - Ability to show a central price line. - Extension of session lines beyond the specified duration. 3. Design Display Configuration - Three different background configurations to suit light and dark themes. - Two gradient modes for session coloring: - Centered: the color is evenly distributed. - Off-Centered: the gradient is asymmetrical. How It Works The indicator determines whether the current time falls within the selected session, creating a colored box that highlights the corresponding price range. Depending on user preferences, the indicator draws horizontal lines at the minimum and maximum price levels and, optionally, a central line. During the session: - The lowest and highest session prices are dynamically updated. - The range is divided into 10 bands to create a gradient effect. - A colored box is generated to visually highlight the chosen session. If the Extend Lines option is enabled, price lines continue even after the session ends, keeping the range visible for further analysis. This indicator is useful for traders who want to analyze price behavior in specific timeframes. It is particularly beneficial for strategies based on market sessions (e.g., London or New York open) or for identifying accumulation and distribution zones.
Pine Script™ indicator
by thequantscience
4 EMAs with Labels4 EMAs with Labels This simple, clean indicator displays four Exponential Moving Averages (EMAs) with customizable periods, each accompanied by a clear label directly on the chart. Features: Four pre-configured EMAs (21, 50, 100, and 200 periods) Fully customizable periods, colors, and labels Clear on-chart labels that identify each EMA Option to show/hide individual EMAs Compact label formatting with adjustable position Perfect for traders who want to track key moving averages without having to remember which color represents which period. The default configuration includes the most commonly used EMAs for trend identification and support/resistance analysis. Easily customize this indicator to fit your personal trading strategy and visual preferences while maintaining a clean, uncluttered chart.
Pine Script™ indicator
by dmahtani
GoldTrend-[NDTECH]The ndtech-GrowthGenius indicator is a custom trading tool designed to enhance trading decisions, particularly when used in conjunction with the MACD (Moving Average Convergence Divergence) indicator. Below is a detailed explanation of how it works and how to use it effectively in trading: Key Features of ndtech-GrowthGenius Indicator MACD-Based Enhancement: The ndtech-GrowthGenius indicator builds on the traditional MACD by adding additional layers of analysis, such as trend strength, momentum confirmation, and potential reversal signals. It uses the MACD line, signal line, and histogram but incorporates advanced algorithms to filter out noise and improve accuracy. Trend Identification: The indicator helps identify strong trends by analyzing the slope and divergence of the MACD histogram. It highlights potential trend continuations or reversals by combining MACD data with other technical factors. Momentum Confirmation: The ndtech-GrowthGenius indicator provides additional momentum signals, such as overbought/oversold conditions, to confirm MACD crossovers. Custom Alerts: It includes customizable alerts for MACD crossovers, histogram divergences, and trend changes, making it easier for traders to act on signals in real-time. User-Friendly Visualization: The indicator is designed to be visually intuitive, with color-coded histograms, arrows, or other markers to highlight key trading opportunities. How to Use ndtech-GrowthGenius with MACD Install the Indicator: Add the ndtech-GrowthGenius indicator to your trading platform (e.g., TradingView, MetaTrader). Ensure the MACD indicator is also applied to the chart for comparison. Identify MACD Crossovers: Look for the MACD line crossing above the signal line (bullish signal) or below the signal line (bearish signal). Use the ndtech-GrowthGenius indicator to confirm the strength of the crossover. Analyze Histogram Divergence: Pay attention to divergences between the MACD histogram and price action. The ndtech-GrowthGenius indicator will highlight significant divergences that may indicate potential reversals. Check Momentum Levels: Use the momentum confirmation feature to ensure the market is not overbought or oversold before entering a trade. Set Alerts: Configure alerts for key signals, such as MACD crossovers or histogram peaks/troughs, to stay updated on potential trading opportunities. Combine with Other Indicators: For better accuracy, combine the ndtech-GrowthGenius indicator with other tools like RSI, moving averages, or support/resistance levels. Example Trading Strategy Entry: Enter a long position when: The MACD line crosses above the signal line. The ndtech-GrowthGenius indicator confirms strong bullish momentum. The histogram shows increasing positive values. Exit: Exit the trade when: The MACD line crosses below the signal line. The ndtech-GrowthGenius indicator shows weakening momentum or a bearish divergence. Stop Loss and Take Profit: Place a stop loss below the recent swing low (for long positions) or above the recent swing high (for short positions). Set a take profit level based on risk-reward ratio (e.g., 1:2 or 1:3). Advantages of ndtech-GrowthGenius Improved Accuracy: Reduces false signals by filtering out market noise. Customizable: Can be tailored to suit different trading styles and timeframes. Real-Time Alerts: Helps traders act quickly on emerging opportunities. Limitations Lagging Nature: Like MACD, the ndtech-GrowthGenius indicator is based on historical data and may lag during highly volatile market conditions. Requires Confirmation: Should be used alongside other technical analysis tools for best results.
Pine Script™ indicator
by ndewangan940
ADX by langshenExplanation of the Code in TradingView This Pine Script™ code is designed to create a custom indicator called "ADX with Custom Line by langshen". It combines the Average Directional Index (ADX) with additional features like a custom horizontal line, background highlighting, and alert conditions. Below is a detailed explanation of the code: Indicator Overview Name: ADX with Custom Line by langshen Short Title: ADX+Line Overlay: No (displayed in a separate pane below the chart) Key Features ADX Calculation: The ADX, +DI, and -DI are calculated using the ta.dmi function. Users can adjust the ADX Length and ADX Smoothing parameters. Custom Horizontal Line: A horizontal line is drawn at a user-defined value (default: 30). Users can customize the line's color, width, and style (solid, dotted, or dashed). Background Highlighting: The background is highlighted with a purple color when the ADX value is above the custom horizontal line. The transparency of the background highlight can be adjusted. Alert Conditions: Alerts are triggered when the ADX crosses above or crosses below the custom horizontal line.
Pine Script™ indicator
by LangShen
Mark Minervini Buy Signal# Mark Minervini Buy Signal Indicator This indicator implements Mark Minervini's "Stage 2 Uptrend" buy criteria from his SEPA (Specific Entry Point Analysis) methodology as described in his books "Trade Like a Stock Market Wizard" and "Think & Trade Like a Champion". The script identifies potential buy setups based on Minervini's technical criteria for stocks showing strong momentum characteristics. ## How It Works The indicator evaluates various technical conditions to identify stocks in a Stage 2 uptrend according to Minervini's methodology: 1. **Moving Average Alignment** - 150-day MA above 200-day MA (confirming overall uptrend) - 200-day MA trending up (compared to 20 days ago) - 50-day MA above both 150-day and 200-day MAs (showing recent strength) - Price above all major moving averages (50, 150, 200-day MAs) 2. **Price Relative to 52-Week Range** - Price at least 25% above 52-week low (showing strong recovery) - Price within 75-95% of 52-week high (room for further upside) 3. **Relative Strength** - Stock ranks in the top 30% based on 100-day price performance - This implements Minervini's emphasis on buying only strong performers 4. **Volume Criteria** - Volume above its 50-day moving average (showing increasing interest) ## How to Use This Indicator When all conditions are met, the indicator displays a green triangle below the price bar and colors the background green. These signals identify potential candidates for further analysis. According to Minervini's methodology, you should: 1. Use this as a screening tool to identify potential candidates 2. Perform additional chart analysis to identify specific entry points 3. Look for decreased volatility and proper bases or consolidation patterns 4. Consider broader market conditions and sector strength before entering ## Sources and Credit This indicator is based on Mark Minervini's trading methodology as outlined in: 1. Minervini, Mark. "Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market" (2013) 2. Minervini, Mark. "Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard" (2016) 3. Minervini, Mark. "Mindset Secrets for Winning: How to Bring Personal Power to Everything You Do" (2019) 4. Interviews and workshops where Minervini has described his SEPA methodology The specific criteria implemented are derived from Minervini's "Stage Analysis" framework, particularly focusing on Stage 2 uptrends which he considers optimal for buying opportunities. ## Disclaimer This indicator is provided for informational purposes only. It attempts to reproduce Minervini's published criteria but should be used as part of a complete trading strategy with proper risk management. Minervini's complete methodology includes additional subjective elements that cannot be fully automated.
Pine Script™ indicator
by Dr_Leong_Yee_Rock
SupertrendChỉ báo Super Trend – Công Cụ Xác Định Xu Hướng Mạnh Mẽ 1️⃣ Super Trend là gì? Super Trend là một chỉ báo theo xu hướng (trend-following indicator) giúp xác định xu hướng tăng hoặc xu hướng giảm của thị trường. Chỉ báo này dựa trên Average True Range (ATR) để đo độ biến động và tạo ra một đường tín hiệu động trên biểu đồ giá. 2️⃣ Công thức tính Super Trend Super Trend được tính dựa trên hai yếu tố chính: Giá trị trung bình thực (ATR – Average True Range) để đo mức độ biến động Hệ số nhân (Multiplier) để điều chỉnh độ nhạy của chỉ báo Công thức tính: ✅ Upper Band = (High + Low) / 2 + Multiplier * ATR ✅ Lower Band = (High + Low) / 2 - Multiplier * ATR 3️⃣ Cách sử dụng Super Trend trong giao dịch 📌 Xác định xu hướng: Khi đường Super Trend nằm dưới giá, xu hướng tăng (màu xanh) → Tín hiệu mua Khi đường Super Trend nằm trên giá, xu hướng giảm (màu đỏ) → Tín hiệu bán 📌 Xác định điểm vào lệnh: Mua khi Super Trend chuyển từ đỏ sang xanh Bán khi Super Trend chuyển từ xanh sang đỏ
Pine Script™ indicator
by nguyendat383884
Price Action and Key LevelsThe Price Action and Key Levels indicator is a powerful tool designed to help traders identify key price action patterns and significant support/resistance levels on their charts. It automatically detects swing highs and swing lows based on a user-defined lookback period and plots dynamic support and resistance levels. This indicator is ideal for traders who rely on price action and key levels for making informed trading decisions.
Pine Script™ indicator
by Ibrahimshimhaz