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Indicators and strategies

VSAwithPALibrary "VSAwithPA" getVsaSignal(vol_ma_len, avgs, ma_type, red_thresh, orange_thresh, yellow_thresh, blue_thresh)   Calculates the core VSA signal.   Parameters:      vol_ma_len (simple int)      avgs (int)      ma_type (string)      red_thresh (float)      orange_thresh (float)      yellow_thresh (float)      blue_thresh (float)   Returns: A tuple: . format_vertical(_text)   Formats a string to be displayed vertically.   Parameters:      _text (string) plotVsaLabel(show_labels, labelText, use_vertical_labels, label_size_option, label_pos_option, y_level_for_line, candleColor)   Plots a VSA label on the chart.   Parameters:      show_labels (bool)      labelText (string)      use_vertical_labels (bool)      label_size_option (string)      label_pos_option (string)      y_level_for_line (float)      candleColor (color) drawVsaLine(show_lines, show_signal_line, delete_prev_lines, prev_line, y_level, line_color, line_width, line_style_option, line_extend_option)   Draws a horizontal line for a VSA signal.   Parameters:      show_lines (bool)      show_signal_line (bool)      delete_prev_lines (bool)      prev_line (line)      y_level (float)      line_color (color)      line_width (int)      line_style_option (string)      line_extend_option (string)   Returns: (line) The ID of the newly created line. getWcma(show, len)   CORRECTED: Calculates a Weighted Close Moving Average and returns the value.   Parameters:      show (bool)      len (int)   Returns: (series float) The calculated WCMA value, or na.
Pine Script® library
by Dshergill
BestTimeFrameFinderLibrary "BestTimeFrameFinder" adx(len)   Parameters:      len (simple int) atrPercent(len)   Parameters:      len (simple int) scaleFromTf(tf, atrWeight)   Parameters:      tf (string)      atrWeight (simple float) scoreLocal(adxLen, atrLen, scale)   Parameters:      adxLen (simple int)      atrLen (simple int)      scale (simple float) maxInArray(arr)   Parameters:      arr (array)
Pine Script® library
by rahnlev
Mara JPY Bias ProMara JPY Bias Pro™ is a precision tool built for serious traders who focus on JPY and USD pairs. This synthetic index combines USDJPY + EURJPY + GBPJPY, generating a smooth and dynamic representation of JPY strength or weakness. When the line turns green, JPY is weakening — time to look for LONG setups on XXX/JPY pairs. When red, JPY is strengthening — ideal moment for SHORT trades. Built-in bias logic with adjustable MA-based trend detection or slope/momentum view lets you customize signals based on your strategy. Plus, we’ve included a normalized DXY overlay, so you can track USD strength in parallel — perfect for traders working with EUR/USD, GBP/USD, USD/JPY and JPY crosses. 💡 Designed for day traders, scalpers, and smart money traders looking for clean confluence. ✅ Features: Visual color-coded JPY bias (Green = Long / Red = Short) Optional USD (DXY) strength overlay Customizable MA length and bias logic Built-in alerts for bias shifts & momentum flips 🔔 Alert-ready – never miss a reversal. Trade smarter. Cut the noise. Stay on the right side of the move.
Pine Script® indicator
by Mara855
ASK Indicator by AshpreetThe ASK Indicator is a custom-built breakout and trend continuation system designed for swing traders seeking high-probability entries with strong risk-reward ratios. Built using a combination of moving averages, momentum filters, volume confirmation, and price structure, this indicator helps identify stocks poised for explosive moves. It uses three key moving averages: the 44-period SMA (medium trend), 20-period DEMA (short-term strength, custom-coded), and 50-period WEMA (institutional trendline). Trades are only triggered when the price is above 50 WEMA, and the 20 DEMA is above the 44 SMA. Momentum is confirmed using RSI(14) within a healthy zone of 40–60, ensuring the stock is not overbought or oversold. To focus on breakout candidates, the stock must be trading within 10% of its 52-week high, and the weekly candle range must be under 10%, signaling compression before expansion. A valid ASK Signal occurs when these conditions are met along with a breakout above the previous day’s high and volume exceeding 1.5× the 20-day average. Once triggered, the indicator auto-plots the stop-loss (1× ATR) and two profit targets: 1:2 (TP1) and 1:4 (TP2). Additionally, the system detects a narrow range setup, where the last 3 daily candles are inside the previous 3-day range — a powerful consolidation signal. Alerts for both ASK entries and narrow ranges are included. This system is ideal for positional and short-term swing traders who want to combine structure, momentum, and volume in one powerful tool.
Pine Script® indicator
by ashpreetkalra13
ombs- PONY Breakout Alert 🧠 תקציר הסקריפט: **PONY Breakout Alert 📈 🔍 **מטרה**: לזהות **פריצה מעלה של רמת 14.15** תוך כדי **מחזור מסחר גבוה מהממוצע**, כדי לאתר **הזדמנות מסחר שורית**. --- ⚙️ רכיבי הסקריפט: * 📌 **רמת כניסה**: `entryLevel = 14.15` * 📊 **תנאי כניסה**: * סגירת מחיר **מעל 14.15** * נפח מסחר **גבוה ב־20% מהממוצע ל־20 הימים האחרונים** * 🔔 **התראה ויזואלית**: * סמל ירוק "Entry" מופיע מתחת לנר על הגרף * קווים קבועים לרמות יעד וסטופלוס * 🎯 **יעדי רווח**: * Target 1 – 15.15 * Target 2 – 16.00 * Target 3 – 17.00 * 🛑 **סטופלוס**: * שמרני: 13.20 * אגרסיבי: 12.80 * 🔔 **התראה אוטומטית** (`alertcondition`): תשלח הודעה: *"PONY פרצה מעל 14.15 עם מחזור גבוה – שקול כניסה לעסקה."* --- 📝 מתאים עבור: * סוחרי ניתוח טכני 🧮 * מי שמחפש כניסה מבוססת על פריצה + נפח 📊 * שימוש על גרף יומי בלבד 📅 --- 🧠 Script Summary: PONY Breakout Alert 📈 🔍 Objective: Detect a breakout above the 14.15 level accompanied by high trading volume, in order to identify a bullish trading opportunity. ⚙️ Script Components: 📌 Entry Level: entryLevel = 14.15 📊 Entry Conditions: Price closes above 14.15 Volume is 20% higher than the 20-day average 🔔 Visual Alert: A green "Entry" label appears below the bar on the chart Static horizontal lines mark targets and stop-loss levels 🎯 Profit Targets: Target 1 – 15.15 Target 2 – 16.00 Target 3 – 17.00 🛑 Stop Loss: Conservative: 13.20 Aggressive: 12.80 🔔 Automated Alert (alertcondition): Sends a message: "PONY has broken above 14.15 with high volume – consider a long position." 📝 Ideal For: Technical traders 🧮 Those seeking breakouts confirmed by volume 📊 Daily chart setups only 📅
Pine Script® indicator
by omribensamon
X1 newbie code trying to create ✅ Script Behavior on Other Stocks • If you’re on a chart for SYM, it calculates indicators using SYM’s data. • If you switch to NVDA, AVGO, CRDO, etc., it will automatically update to reflect that ticker’s: • Price • 50-day moving average • Volume • MACD • RSI • Index comparison with 1. 📊 Volume shows in its own pane 2. ✅ MACD and RSI are included in separate panes (as promised) 3. 🎯 Script works cleanly with any ticker
Pine Script® indicator
by worldviewfh1o8
TFO + ADX with Histogram & SignalTrend Flow Oscillator (TFO + ADX) – Histogram + Signal This version of the original TFO+ADX introduces a MACD-style histogram and signal line overlay for clearer momentum and trend visualization. The Trend Flow Oscillator (TFO+ADX) blends two powerful volume-based tools — the Money Flow Index (MFI) and Chaikin Money Flow (CMF) — along with a normalized Average Directional Index (ADX). The result is a comprehensive momentum and trend strength tool that offers a more precise read on when markets are gaining or losing conviction. ⸻ How It Works 1.Money Flow Index (MFI) • Measures volume-weighted buying/selling pressure using price and volume. • Scaled between –1 and +1 for visual clarity. 2.Chaikin Money Flow (CMF) • Evaluates volume distribution over time — institutional buying (accumulation) or selling (distribution). • Also scaled between –1 and +1. 3.TFO Composite Line • Combines MFI and CMF into a single flow reading. • A signal line (EMA) tracks the trend of this flow. • A histogram plots the difference between the TFO and its signal, giving clear signals on shifts in momentum. 4.Normalized ADX Overlay • Shows trend strength on the same scale (–1 to +1). • ADX > 0 indicates strong trending conditions. • ADX < 0 signals weak or consolidating conditions. ⸻ Visual Interpretation 1. Histogram Bars • Green: TFO is above the signal line → bullish momentum accelerating • Red: TFO is below the signal line → bearish momentum building • Bar height represents the strength of the momentum shift 2. Signal Line • Tracks the smoothed trend of the TFO composite • Histogram crossing above or below zero reflects momentum crossover and can act as entry or exit signals 3. TFO Raw Line (Optional) • Still available for reference alongside the histogram • Shows the unsmoothed blended money flow direction (MFI + CMF) 4. Extreme Zones • Background shading appears when TFO exceeds ±1.0 • Helps highlight areas of stretched or unsustainable momentum, useful for spotting potential reversals or exhaustion
Pine Script® indicator
by VP_Futures