Range Breakout [BigBeluga]Range Breakout is a dynamic channel-based indicator designed to identify breakout opportunities and price reactions within defined ranges. It automatically creates upper and lower bands with a midline, helping traders spot breakout zones, retests, and potential fakeouts.
🔵 Key Features:
Dynamic Channel Formation:
Automatically plots upper and lower channel bands with a midline based on ATR calculations.
Channels adjust upon breakout events or after a predefined number of bars to reflect new price ranges.
Breakout Detection:
Green circles appear when price breaks above the upper channel edge.
Red circles appear when price breaks below the lower channel edge.
A new channel is formed after each breakout, allowing traders to monitor evolving price ranges.
Retest Signals:
Upward-pointing green triangles signal a retest of the lower band, indicating potential support.
Downward-pointing red triangles indicate a retest of the upper band, suggesting possible resistance.
Filter Signals by Trends (New Feature):
Optional toggle to filter ▲ and ▼ signals based on channel breakout conditions.
When enabled:
In a bullish channel (confirmed by a green circle breakout), only ▲ signals are displayed.
In a bearish channel (confirmed by a red circle breakout), only ▼ signals are displayed.
Helps traders align retest signals with the prevailing trend for higher-quality trade setups.
Fakeout Identification:
'X' symbols appear when price breaks the upper or lower edge of the channel and quickly returns back inside.
Helps traders identify and avoid false breakouts.
🔵 Usage:
Breakout Trading: Use the green and red circle signals to identify potential breakout trades.
Retest Confirmation: Look for triangle markers to confirm retests of key levels, aiding in entry or exit decisions.
Fakeout Alerts: Utilize the 'X' signals to spot and avoid potential trap moves.
Dynamic Range Monitoring: Stay aware of changing market conditions with automatically updating channels.
Range Breakout is an essential tool for traders seeking to capitalize on range breakouts, retests, and fakeout scenarios. Its dynamic channels and clear visual signals provide a comprehensive view of market structure and potential trade setups.
Trend Analysis
Hachemi Autonomous Charts V2Indicator Script Description:
This indicator is designed to help identify trading opportunities by combining several technical analysis tools. Here are the main features included:
Order Block: The indicator detects order block zones, where significant levels of supply and demand have formed. These can signal potential market reversal points.
Support and Resistance: The indicator automatically plots key support and resistance levels based on price history, providing reference points for areas where price may bounce or break.
Fair Value Gap (FVG): The indicator identifies and highlights gaps between supply and demand on the charts, pointing out areas where the price might return to fill this gap.
Moving Average (MA): A moving average is used to track market trends, helping to determine whether the market is in a bullish or bearish trend.
MACD (Moving Average Convergence Divergence): A popular momentum indicator used to spot changes in the strength, direction, duration, and trend of the price.
RSI (Relative Strength Index): The RSI indicator measures the speed and change of price movements, helping to identify overbought or oversold conditions.
Volume Profile: This feature analyzes the volume distribution at various price levels, providing key insights into areas of high activity and potential support or resistance.
Fibonacci: The indicator plots Fibonacci retracement and extension levels, which are used to predict potential reversal zones based on Fibonacci ratios.
The goal of this indicator is to provide a comprehensive market overview by combining multiple analysis techniques to identify the most likely entry and exit points for a successful trading strategy.
Supply and Demand by BrekelThis indicator uses, and 8 and 13 ema with a solid white line for the VWAP. The POI is your points of interest and the BOS is your break of structure when a stock breaks out one direction or another after hitting that line. You will see HH for higher high, HL for Higher low indicating bullish directional moves and also LL for lower low, and Lower High, indicating a bearish directional move.
Supply & Demand Zones (SK Wealth Guru)Supply & Demand Zones (SK Wealth Guru) 📈
🚀 Description:
This indicator helps traders identify key Supply & Demand Zones, integrating SuperTrend, SMA, ATR-based Stop Loss & Target, and Higher Timeframe Confirmation to refine entries.
✅ Key Features:
Automatic Supply & Demand Zone Marking
Trade Only on Candle Close within Zones
Intraday & Positional Mode (Default: 20 & 30 Lookback)
SuperTrend & SMA for Trend Confirmation
ATR-based Stop Loss & Fibonacci Target Extension
Risk-Reward Ratio Filtering
Table Display of Market Levels, Trend, and Trade Signals
⚠️ Note:
This script does not guarantee profits. Use proper risk management.
Educational Purpose Only—not financial advice.
Always backtest and use alongside other confirmation signals.
🔔 Alerts:
Buy & Sell opportunities based on zone break & trend confirmation.
📌 How It Works:
1️⃣ Demand Zone (Support) Trade:
A bullish trade is triggered only if a candle closes inside the demand zone.
2️⃣ Supply Zone (Resistance) Trade:
A bearish trade is triggered only if a candle closes inside the supply zone.
3️⃣ Risk-Reward Validation:
Trade is taken only if Risk-Reward > 2.
🔥 Developed by: SK Wealth Guru
MY MADAM DIOR'S Supply and Demand Daily The Supply and Demand Daily indicator displays daily supply and demand areas on the user's chart. These areas are constructed using the market data within a previous daily interval.
This script makes use of the same logic as our previous Supply and Demand Visible Range indicator.
🔶 USAGE
The supply/demand areas & levels displayed by the indicator aim to provide potential support/resistance levels for users. Supply areas highlight where buyers are willing to exit the market and sell the asset, thus providing resistance and potentially causing prices to reverse or bounce back downwards, while demand areas highlights where buyers were willing to purchase the asset, thus providing support and potentially causing prices to reverse or bounce back upwards.
Historical areas allow the user to study the evolution of supply/demand from one day to another. Wider areas highlight prices avoiding reverting to this area, while thinner areas highlight prices returning more frequently to them.
Trends can be determined by looking at the price position relative to the previous day's supply/demand areas. Price breaking down from the demand zone is indicative of a downtrend, while price breaking above the supply zone is indicative of an uptrend.
Pullback/throwback scenarios can also be common using this indicator.
🔶 SETTINGS
Threshold %: Percentage of the total visible range volume used as a threshold to set supply/demand areas. Higher values return wider areas.
Resolution: Determines the number of bins used to find each area. Higher values will return more precise results.
Intra-bar TF: Timeframe used to obtain intra-bar data.
Market Structure [ActiveQuants]The Market Structure indicator is a powerful tool designed to help traders identify key market structure shifts and change of character (CHoCH) points. By plotting swing highs, swing lows, and structural breaks , this indicator allows traders to track price action dynamics, improving trade execution and strategy development.
█ KEY FEATURES
Market Structure Visualization : Automatically detects and plots pivot highs and pivot lows , highlighting structural points on the chart.
Change of Character (CHoCH) Detection : Identifies bullish and bearish CHoCH events, marking key shifts in market sentiment.
Customizable Sensitivity : Adjust the pivot sensitivity to fine-tune market structure identification based on different trading styles and timeframes.
Dynamic Labeling & Line Management : Automatically removes old lines and labels to keep the chart clean and focused on recent price action.
User-Defined Display Options : Customize the colors, visibility, and number of bars shown to match your personal trading preferences.
█ CONCLUSION
The Market Structure & CHoCH Indicator is an essential tool for traders who rely on price action and structure-based strategies. By visually mapping key swing points and structure shifts , it enhances decision-making, helping traders align with the market trend and spot potential reversals.
█ IMPORTANT
⚠ CHoCH signals should be used in conjunction with other confluences such as supply & demand zones, order flow, or trend confirmation.
⚠ Adjust pivot sensitivity based on your preferred timeframe and asset class to optimize accuracy.
Incorporate this indicator into your trading workflow to enhance market structure analysis and refine entry & exit strategies .
📈 Happy trading! 🚀
TradFi Fundamentals: Enhanced Macroeconomic Momentum Trading Introduction
The "Enhanced Momentum with Advanced Normalization and Smoothing" indicator is a tool that combines traditional price momentum with a broad range of macroeconomic factors. I introduced the basic version from a research paper in my last script. This one leverages not only the price action of a security but also incorporates key economic data—such as GDP, inflation, unemployment, interest rates, consumer confidence, industrial production, and market volatility (VIX)—to create a comprehensive, normalized momentum score.
Previous indicator
Explanation
In plain terms, the indicator calculates a raw momentum value based on the change in price over a defined lookback period. It then normalizes this momentum, along with several economic indicators, using a method chosen by the user (options include simple, exponential, or weighted moving averages, as well as a median absolute deviation (MAD) approach). Each normalized component is assigned a weight reflecting its relative importance, and these weighted values are summed to produce an overall momentum score.
To reduce noise, the combined momentum score can be further smoothed using a user-selected method.
Signals
For generating trade signals, the indicator offers two modes:
Zero Cross Mode: Signals occur when the smoothed momentum line crosses the zero threshold.
Zone Mode: Overbought and oversold boundaries (which are user defined) provide signals when the momentum line crosses these preset limits.
Definition of the Settings
Price Momentum Settings:
Price Momentum Lookback: The number of days used to compute the percentage change in price (default 50 days).
Normalization Period (Price Momentum): The period over which the price momentum is normalized (default 200 days).
Economic Data Settings:
Normalization Period (Economic Data): The period used to normalize all economic indicators (default 200 days).
Normalization Method: Choose among SMA, EMA, WMA, or MAD to standardize both price and economic data. If MAD is chosen, a multiplier factor is applied (default is 1.4826).
Smoothing Options:
Apply Smoothing: A toggle to enable further smoothing of the combined momentum score.
Smoothing Period & Method: Define the period and type (SMA, EMA, or WMA) used to smooth the final momentum score.
Signal Generation Settings:
Signal Mode: Select whether signals are based on a zero-line crossover or by crossing user-defined overbought/oversold (OB/OS) zones.
OB/OS Zones: Define the upper and lower boundaries (default upper zones at 1.0 and 2.0, lower zones at -1.0 and -2.0) for zone-based signals.
Weights:
Each component (price momentum, GDP, inflation, unemployment, interest rates, consumer confidence, industrial production, and VIX) has an associated weight that determines its contribution to the overall score. These can be adjusted to reflect different market views or risk preferences.
Visual Aspects
The indicator plots the smoothed combined momentum score as a continuous blue line against a dotted zero-line reference. If the Zone signal mode is selected, the indicator also displays the upper and lower OB/OS boundaries as horizontal lines (red for overbought and green for oversold). Buy and sell signals are marked by small labels ("B" for buy and "S" for sell) that appear at the bottom or top of the chart when the score crosses the defined thresholds, allowing traders to quickly identify potential entry or exit points.
Conclusion
This enhanced indicator provides traders with a robust approach to momentum trading by integrating traditional price-based signals with a suite of macroeconomic indicators. Its normalization and smoothing techniques help reduce noise and mitigate the effects of outliers, while the flexible signal generation modes offer multiple ways to interpret market conditions. Overall, this tool is designed to deliver a more nuanced perspective on market momentum.
15min ORB NY Open Reversal StrategyThis strategy is designed for a 15‑minute chart on futures during the New York open. It is based on the Opening Range Breakout (ORB) concept with a twist: instead of trading the initial breakout, the strategy waits for a reversal of the breakout. In other words, if the price initially breaks one side of the ORB during the New York session and then reverses to break the opposite side after the session, a trade is triggered in the direction of that reversal.
Range Filter Buy and Sell 5minThis Pine Script is a **Range Filter-based Buy/Sell Indicator** for 5-minute charts. It:
- **Filters market noise** using a smoothed range filter.
- **Identifies trend direction** (uptrend = white, downtrend = blue).
- **Plots dynamic support/resistance bands**.
- **Generates Buy/Sell signals** based on price crossing the filter.
- **Includes two customizable Moving Averages (SMA, EMA, WMA, VWMA)** with crossover alerts.
- **Provides alert conditions** for trade automation.
Ideal for **scalping and short-term trading**. 🚀
CryptoCipher Free (CCF)CryptoCipher Free (CCF) – User Guide
📌 Version: Open-Source | Educational Use Only
🚀 What is CryptoCipher Free (CCF)?
CryptoCipher Free (CCF) is a momentum and divergence-based indicator designed to help traders identify:
✅ Trend Reversals (WaveTrend & VWAP)
✅ Divergences (Bullish & Bearish)
✅ Money Flow Strength (Capital Inflows/Outflows)
✅ Momentum Shifts (Trigger Waves & RSI Signals)
Inspired by VuManChu Cipher B & Market Cipher, but fully custom-built, CCF combines key market indicators into one easy-to-use tool for crypto traders.
📈 Key Features & How to Use Them
🔹 1. WaveTrend Oscillator (WT) – Tracks Momentum
Green & Red Lines: Show momentum shifts.
Crossover Strategy:
Buy Signal = Green WT line crosses above Red WT line while oversold.
Sell Signal = Green WT line crosses below Red WT line while overbought.
🔹 2. Divergence Detection – Identifies Strengthening & Weakening Trends
Bullish Divergence (Green Label): Price is making lower lows, but momentum is rising → Potential Uptrend Reversal.
Bearish Divergence (Red Label): Price is making higher highs, but momentum is weakening → Potential Downtrend Reversal.
🔹 3. Money Flow Index (MFI) – Detects Market Pressure
Green Waves = Positive Money Flow (More Buying Pressure).
Red Waves = Negative Money Flow (More Selling Pressure).
Stronger & Wider Waves → Stronger Market Pressure.
🔹 4. VWAP Oscillator – Identifies Fair Value Zones
VWAP Above Zero = Overvalued Zone (Potential Reversal Down).
VWAP Below Zero = Undervalued Zone (Potential Reversal Up).
🔹 5. RSI & Stochastic RSI – Confirms Trend Strength
RSI Above 70 = Overbought (Potential Drop).
RSI Below 30 = Oversold (Potential Bounce).
Color-Coded for Quick Reading:
🔴 Red = Overbought
🟢 Green = Oversold
⚪ White = Neutral
🎯 Recommended Settings for Different Trading Styles
💰 Scalpers & Day Traders:
Lower Divergence Threshold (20-30) for more frequent but noisier signals.
Focus on VWAP & MFI confirmation for short-term trades.
📊 Swing Traders (Default Settings):
Keep Divergence Threshold at 30-35 for more reliable signals.
Look for WaveTrend crossovers & MFI waves aligning before entering trades.
⏳ Long-Term Investors (Higher Timeframes):
Increase Divergence Threshold (40-45) to filter out smaller moves.
Use VWAP & RSI for trend confirmations over larger periods (Daily/Weekly charts).
⚠️ Important Notes & Risk Management
No indicator is 100% accurate – always combine CCF with other analysis methods.
Use Stop-Loss & Risk Management to avoid unnecessary losses.
Crypto markets are highly volatile – adjust settings based on market conditions.CryptoCipher Free (CCF) is a powerful, all-in-one tool for momentum and divergence trading.
✅ Easy to Use – Designed for traders of all levels.
✅ Fully Customizable – Adjust sensitivity, colors, and alerts.
✅ Open-Source & Free – Use it, modify it, and learn from it.
Indicator BMS V5 [Traderhood]Introducing BMS (Base Market Strategy)
Overview
Base Market Strategy (BMS) is a trend-following and oscillator indicator designed to detect market trends with high accuracy while providing clear entry signals. BMS utilizes four Exponential Moving Averages (EMA) to filter trends across multiple timeframes and Bollinger Bands (BB) to identify overbought and oversold zones. This approach makes BMS highly suitable for scalping strategies in lower timeframes with a high win rate potential.
Key Features
📈 Multi-EMA Trend Filtering
Uses 4 EMAs to confirm the dominant trend.
Separates trend detection between lower timeframes and H1 for additional validation.
🎯 Dynamic Overbought & Oversold Detection
Sell signal occurs when the price touches the Bollinger Bands Upper.
Buy signal occurs when the price touches the Bollinger Bands Lower.
🔥 High Win Rate Scalping Strategy
Designed to capture quick price movements in trending markets.
Ideal for traders looking for fast executions with controlled risk.
🎨 Customizable Visual Enhancements
Users can adjust indicator colors to match their personal preferences.
How It Works
1️⃣ EMA-Based Trend Identification
The indicator applies 4 EMAs to determine short-term and medium-term trends.
If the price is above all EMAs → Bullish trend.
If the price is below all EMAs → Bearish trend.
2️⃣ Bollinger Bands Signal Generation
Sell Entry: When the price touches Bollinger Bands Upper, indicating an overbought area.
Buy Entry: When the price touches Bollinger Bands Lower, indicating an oversold area.
3️⃣ Scalping Execution
Entries are executed only on lower timeframes with trend confirmation from H1 EMA.
Profit targets are adjusted based on volatility, while stop loss is placed outside the Bollinger Bands.
4️⃣ Visual Customization
Indicator colors can be modified for better visibility.
Practical Applications
✅ Scalping Strategy – Uses Bollinger Bands and EMA filtering for fast trades.
✅ Trend Confirmation – Multi-timeframe EMA validation ensures precise entries.
✅ Dynamic Support & Resistance – Bollinger Bands help identify potential reversals.
✅ Noise Reduction – EMA filtering removes minor price fluctuations for clearer signals.
🛠 Settings
EMA Periods: 4 EMAs for trend filtering.
Bollinger Bands Length: 20 (default), adjustable.
Bollinger Bands Deviation: 2 (default).
Color Customization: Users can personalize indicator colors as needed.
📌 Conclusion
Base Market Strategy (BMS) is a high win-rate scalping indicator, combining trend-following EMA filtering with momentum reversal detection from Bollinger Bands. With a dynamic and adaptive approach, this indicator provides precise entry signals while reducing noise from insignificant price movements.
Key Takeaways:
✔ High Accuracy – A combination of EMA and Bollinger Bands provides clear signals.
✔ Scalping Optimization – Works best on lower timeframes with H1 validation.
✔ Visual Customization – Users can adjust the indicator colors to their preference.
✔ Simple Yet Powerful – Easy to use but highly effective in capturing market opportunities.
🔹 Disclaimer: Trading carries high risks. Always backtest and optimize settings to align with your risk tolerance before live trading.
MY MADAM DIOR'S Supply and Demand Levels (Responsive)MY MADAM DIOR'S Supply and Demand" script is designed to help traders spot potential levels of supply (resistance) and demand (support) in the market by identifying pivot points from past price action.
Differences from Other Scripts:
Unlike many pivot point scripts, this one offers a greater degree of customization and flexibility, allowing users to determine how many ranges of pivot points they wish to plot (up to 10), as well as the number of the most recent ranges to display.
Furthermore, it allows users to restrict the plotting of pivot points to specific timeframes (15 minutes, 30 minutes, 1 hour, 4 hours, and daily) using a toggle input. This is useful for traders who wish to focus on these popular trading timeframes.
This script also uses the colour. New function for a more transparent plotting, which is not commonly used in many scripts.
How to Use:
The script provides two user inputs:
"Number of Ranges to Plot (1-10)": This determines how many 10-bar ranges of pivot points the script will calculate and potentially plot.
"Number of Last Ranges to Show (1-?)": This determines how many of the most recent ranges will be displayed on the chart.
"Limit to specific timeframes?": This is a toggle switch. When turned on, the script only plots pivot points if the current timeframe is one of the following: 15 minutes, 30 minutes, 1 hour, 4 hours, or daily.
The pivot points are plotted as circles on the chart, with pivot highs in red and pivot lows in green. The transparency level of these plots can be adjusted in the script.
Market and Conditions:
This script is versatile and can be used in any market, including Forex, commodities, indices, or cryptocurrencies. It's best used in trending markets where supply and demand levels are more likely to be respected. However, like all technical analysis tools, it's not fool proof and should be used in conjunction with other indicators and analysis techniques to confirm signals and manage risk.
A technical analyst, or technician, uses chart patterns and indicators to predict future price movements. The "Supply and Demand" script in question can be an invaluable tool for a technical analyst for the following reasons:
Identifying Support and Resistance Levels: The pivot points plotted by this script can act as potential levels of support and resistance. When the price of an asset approaches these pivot points, it might bounce back (in case of support) or retreat (in case of resistance). These levels can be used to set stop-loss and take-profit points.
Timeframe Analysis: The ability to limit the plotting of pivot points to specific timeframes is useful for multiple timeframe analysis. For instance, a trader might use a longer timeframe to determine the overall trend and a shorter one to decide the optimal entry and exit points.
Customization: The user inputs provided by the script allow a technician to customize the ranges of pivot points according to their unique trading strategy. They can choose the number of ranges to plot and the number of the most recent ranges to display on the chart.
Confirmation of Other Indicators: If a pivot point coincides with a signal from another indicator (for instance, a moving average crossover or a relative strength index (RSI) divergence), it could provide further confirmation of that signal, increasing the chances of a successful trade.
Transparency in Plots: The use of the colour. New function allows for more transparent plotting. This feature can prevent the chart from becoming too cluttered when multiple ranges of pivot points are plotted, making it easier for the analyst to interpret the data.
In summary, this script can be used by a technical analyst to pinpoint potential trading opportunities, validate signals from other indicators, and customize the display of pivot points to suit their individual trading style and strategy. Always remember, however, that no single indicator should be used in isolation, and effective risk management strategies should always be employed.
Dear Users,
We are pleased to announce an update to our "Supply and Demand (Responsive)" script. The script is designed to identify pivot points in the market by analyzing historical data, and this recent update is aimed at enhancing the flexibility and customization of the indicator. Here's what's new:
More Ranges: We have increased the number of ranges the script can examine from four to ten. This allows you to go back up to 100 bars to find pivot points, thus providing a more comprehensive view of the market situation.
Specific Timeframes Toggle: We introduced a toggle that can limit the indicator to specific timeframes - 15 minutes, 30 minutes, 1 hour, 4 hours, or daily. The default setting for this toggle is false, meaning that the indicator will not be limited to any specific timeframe unless you decide to activate it.
Customization of Plotting: We have added an option to choose between plotting circles or lines. You can now decide if you want to plot circles for the last ranges, lines or both. In addition, you can specify the number of last ranges to be shown for circles.
Deleting Old Lines: In this update, old lines are deleted before new ones are drawn to keep your chart clean and readable. This is particularly useful when you have a large number of ranges plotted.
Here is how you use these new features:
You can control the number of ranges to plot using the ranges to_plot input.
The candles To Plot input determines the number of last ranges to be shown for circles.
You can toggle whether to limit the indicator to specific timeframes with the toggle input.
You can also decide whether to plot circles, lines or both using the plot Circles and plot Lines inputs.
Please note that this update will not impact any existing setups unless you choose to take advantage of the new features.
We hope these updates will improve your experience with our script and help you to analyse the market more efficiently. We look forward to your feedback.
Best,
MY MADAM DIOR.....💃
Momentum Scalping by Arpit ShahThis custom indicator is designed for scalping and short-term trading on the 5-minute timeframe, combining multiple technical tools to highlight key market movements.
Features:
✅ Swing Highs and Lows Detection:
Marks important swing highs with green arrows below bars.
Marks important swing lows with red arrows above bars.
Helps identify potential reversal points and market structure shifts.
✅ Supertrend Indicator (10, 1.3) (No Line Breaks):
Green line represents an uptrend.
Red line represents a downtrend.
Bull (🐂) and Bear (🐻) icons indicate trend reversals based on Supertrend direction changes.
✅ Exponential Moving Averages (EMAs) for Trend Confirmation:
EMA 5 (Blue, Thin) – Short-term momentum.
EMA 50 (Red, Medium Thickness) – Medium-term trend.
EMA 200 (Black, Thickest) – Long-term trend filter.
How to Use:
📌 Look for Supertrend buy/sell signals (🐂/🐻) for potential trend shifts.
📌 Use Swing Highs and Lows to identify support/resistance areas.
📌 Check EMA crossovers for trend direction confirmation.
Long Entry= Wait for Uptrend then wait for green arrow below candle take entry above high and place stoploss below low take Risk Reward as 1:1.
Short Entry=Wait for Downtrend then wait for Red arrow above candle take entry below low and place stoploss above high take Risk Reward as 1:1.
You can use EMA for extra Confirmation.
This indicator is ideal for scalpers and intraday traders looking to combine trend-following and price action strategies for better decision-making. 🚀📈
Market Structure with Inside/Outside Bar by punukingIndicator with market structure & inside/outside bar
Reversal Trade strategya simple trading strategy based on the reversal candlestick pattern (Morning/Evening star).
Custom TABI Model with LayersCustom TABI Model with Layered RSI (Color-Coded Overbought/Oversold Tracker)
🔹 Overview:
This script is designed to help traders identify Bitcoin and broader market cycle tops and bottoms using a layered color-coded RSI model. It enhances traditional RSI analysis by smoothing RSI values and applying distinct color zones to visually highlight potential turning points in price action.
🔹 How It Works:
The script calculates a smoothed RSI by applying a 14-period Simple Moving Average (SMA) to RSI(14).
Different RSI threshold levels are assigned specific color zones for quick visual reference:
Blue Zones (0-30) – Oversold conditions, potential bottoming area.
Green/Yellow Zones (30-70) – Neutral or trending market conditions.
Orange Zones (70-80) – Cautionary zone; momentum strong but nearing exhaustion.
Red Zone (90+) – Extreme overbought area, potential market top formation.
🔹 How to Use It Effectively:
✅ Bitcoin & Market Cycle Tracking – Historically, RSI values above 90 have signaled local market tops, making this indicator useful for timing crypto cycle peaks.
✅ Trend Confirmation & Reversals – Traders can combine this with moving averages, volume analysis, or MACD to strengthen signals.
✅ Scalping & Swing Trading – Use lower timeframes (1H, 4H, Daily) for shorter-term entries/exits.
✅ Long-Term Holding Decisions – Weekly RSI nearing red zones may indicate a need to scale out of positions.
🔹 Why This Script is Unique & Original:
Unlike standard RSI, this smooths RSI values to reduce noise and provide clearer trend signals.
It visually categorizes RSI into easy-to-interpret layers, making it more intuitive than raw RSI values.
Inspired by InvestAnswers' color-coded top/bottom model, but built from scratch using AI-assisted development for customization.
🔹 How to Apply on Charts:
1️⃣ Add the script to your TradingView chart.
2️⃣ Adjust RSI zone levels based on your market conditions (default works well for crypto & stocks).
3️⃣ Use alongside support/resistance levels, volume spikes, and trend indicators for confirmation.
VWAP Dashboard - Single Ticker (Adaptive)uses weekly, monthly, quarterly, yearly anchored vwaps to compute a trend score for the current ticker and displays it in a table on screen. it updates per tick.
there are also versions for 10 tickers and 40 tickers that function more as a scanner on my profile.
@143gojo on twitter, lmk if you have questions (can't guarantee i'll answer tho).
Breakout indicatorThis indicator helps traders identify potential breakout levels based on the highest high and lowest low of the last N candles, inspired by the classic Turtle Trading strategy. The period (N) is fully customizable, allowing you to adapt it to your trading style. For daily charts, a period between 50 and 100 is recommended.
The indicator dynamically plots horizontal lines representing the highest high and lowest low over the selected period. These lines are updated in real-time as price action evolves. A breakout is confirmed when the price closes above the high line (for a bullish breakout) or below the low line (for a bearish breakout).
Customize the appearance of the lines with options for thickness, color, and style (solid, dotted, or dashed) to suit your chart preferences. Perfect for traders looking to implement a simple yet effective breakout strategy!
Key Features:
Editable period (N) for high/low calculation.
Real-time updates of high/low levels.
Customizable line thickness, color, and style.
Usage:
Use on daily charts for swing trading or position trading.
Combine with other indicators or price action analysis for better confirmation.
fairas Gold ScalpingStrategi price action adalah strategi perdagangan yang didasarkan pada analisis pergerakan harga aset keuangan.
Penjelasan
Price action adalah analisis teknis yang berfokus pada hubungan harga pasar saat ini dengan harga masa lalu.
Price action berbeda dengan sebagian besar analisis teknis lainnya karena tidak bergantung pada nilai "bekas" dari riwayat harga.
Price action lebih memahami inti perdagangan daripada menggunakan pengenalan pola grafik atau menerapkan indikator teknis.
Studi tentang price action membantu memahami pergerakan harga dan memiliki jeda alami.
Price action membantu memahami hubungan harga pasar saat ini dengan harga masa lalu atau terkini.
Wilmer's Heikin RSI Circles"Wilmer's Heikin RSI Circles", is designed to highlight specific market conditions by overlaying visual cues (colored circles) on a chart. It uses the Relative Strength Index (RSI) as a primary filter to identify overbought and oversold conditions, determined by user-defined thresholds (default values: 30 for oversold and 70 for overbought). The script compares the current candle's body (the range between open and close prices) with the previous candle’s body. If the current candle’s body is entirely within the boundaries of the previous one, and the RSI condition is met (either below the lower threshold or above the upper threshold), the script signals potential trading opportunities by plotting colored circles directly on the chart.
When the RSI exceeds the upper threshold and the candle is inside the previous one, the script plots a red circle (🔴) to indicate a potential overbought condition, which could signal a reversal or a selling opportunity. Conversely, when the RSI falls below the lower threshold under the same candle condition, it plots a yellow circle (🟡), suggesting a potential oversold condition, possibly signaling a buying opportunity. Additionally, built-in alert conditions notify users when these circles appear, enabling real-time awareness without constant chart monitoring. This visual and alert-based approach assists traders in identifying potential entry and exit points based on both price action and momentum indicators.
fairas Gold ScalpingStrategi trading emas dapat dilakukan dengan memperhatikan pergerakan nilai dolar AS, karena nilai dolar AS sering dikaitkan dengan harga emas.
Strategi trading emas
Saat diprediksi nilai dolar AS akan menurun, maka trader akan memasang posisi buy XAU/USD.
Emas dianggap sebagai tempat berlindung yang paling aman, biasanya mampu bertahan terhadap gejolak pasar dan mempertahankan nilainya dalam periode penurunan ekonomi.
Trading emas secara online
Trading emas secara online adalah perdagangan secara virtual tanpa melibatkan perpindahan aset secara fisik.
Transaksi yang dilakukan lebih simpel, aman, dan hemat biaya.
Waktu terbaik trading emas
Waktu emas paling banyak diperdagangkan adalah sekitar pukul 15.00 – 23.00 (GMT+3).
Perdagangan emas digital
Transaksi logam mulia digital itu sah dan halal.
MUI membolehkan transaksi jual beli emas digital.
HMA+SwingsVery simple script plotting the Hull Moving average and the recent swing points.
First try, don't be harsh
