Market Entropy Strategy V2.5This strategy is an updated version of a market entropy-based trading system. It removes EMA dependencies and introduces two indicators:
1. **Volatility Momentum Index (VMI)**: Measures volatility acceleration for timing entries (from calm to active phases) and exits (at peak chaos).
2. **Volume-Weighted Price Center (VWPC)**: A volume-weighted trend filter using typical price to determine overall market direction.
The strategy enters trades on transitions from low volatility ("calm") to increasing activity, filtered by trend direction. Exits occur when volatility reaches a high "chaos" threshold. It supports long, short, or both directions, with configurable parameters for optimization.
Backtest results depend on market conditions; use with caution and combine with your own analysis. No guarantees of performance.
Trend Analysis
Mongoose Capital: BTC ETF DriftScope ProMongoose Capital: BTC ETF DriftScope Pro
A proprietary indicator for monitoring drift between Bitcoin Spot (BTCUSD) and Bitcoin Spot ETFs (such as IBIT). Designed to detect ETF premium/discount zones and generate actionable Fade or Long bias signals.
What it Does
Tracks IBIT and BTCUSD spread to highlight ETF price deviations.
Calculates correlation Z-Score for ETF/Spot alignment.
Outputs numeric bias signals: Fade (1), Long (1), Neutral (1).
How to Use
Apply to a BTCUSD chart (4H, 1D, or higher recommended).
Open the Data Window to view:
IBIT Spread %
Correlation Z-Score
Correlation %
Bias Flags (Fade, Long, Neutral)
Configure alerts for Fade and Long Bias conditions.
Confirm all signals with your trade plan and risk management.
Methodology
This tool calculates the percentage spread between IBIT and BTC Spot. A rolling Z-Score of the correlation is used to detect periods of significant divergence.
Fade Bias suggests potential short setups in premium zones with high Z-Scores.
Long Bias suggests potential long setups in discount zones with low Z-Scores.
Disclaimer
This indicator is for educational purposes only. It is not financial advice. Use at your own risk and verify signals independently.
UT Bot Strategy with EMA Trend FilterUT Bot Strategy with EMA 20/50/100/200 acting as a trend filter.
Ultra Supply & DemandUltra Supply and Demand fixed.
Order Block Detection: Identifies potential order blocks (demand/supply zones)
DCA by Vuong Thai v2 %verview of "DCA by Vuong Thai %" – Upgraded Version
Main Function:
This script automatically detects optimal DCA (Dollar-Cost Averaging) buy points and smart profit-taking zones based on a combination of technical signals: EMA, candlestick patterns, volume, RSI, and price distance from EMA.
It helps you optimize capital allocation using a structured averaging-down strategy and exit trades when a target price range is reached.
✅ Buy Logic (Buy Signal)
A buy signal is triggered when all of the following conditions are met:
Strong bullish candlestick: Green candle with a longer lower wick than upper wick
Price is below the EMA → indicating a downtrend
Volume is above the moving average (if volume filtering is enabled)
Price is at least a certain percentage below the EMA (e.g., ≥ 1%)
RSI is below 30 → indicating an oversold condition
No repeat buys unless price makes a new low → helps avoid premature entries
👉 When a buy signal appears:
A DCA Zone (buy region) is drawn on the chart
A label with the corresponding DCA percentage is displayed automatically (e.g., "DCA 5%", "DCA 10%")
RSI PotentialRSI Potential
This indicator does more than just track RSI; it measures the "energy" or "fuel" left in a trend. It answers a critical question: how much further can the price move before momentum is exhausted?
The key insight is that high momentum often means low potential, and vice versa. This inverse relationship is what allows the indicator to provide powerful, forward-looking signals about trend health and potential reversals.
Think of it like a race car:
Momentum is the car's current speed.
Potential is the amount of fuel left in the tank.
A car at top speed (high momentum) is burning fuel rapidly (potential is decreasing). A car just starting (low momentum) has a full tank of fuel (high potential). This indicator helps you see the fuel gauge, not just the speedometer.
This indicator plots three distinct components in a separate pane below your chart:
1. Upside Potential (Green Line)
What it shows: The percentage price increase required to hit the Overbought RSI Level. In other words, how much "fuel" is left for the upward trend.
How to interpret it:
Low Value (Approaching Zero): This is a warning sign. It means the price is already in high gear, and there is very little room left to run before hitting overbought exhaustion. Even if the price is rocketing up (high momentum), low potential signals the rally is likely on its last legs.
High Value: This indicates the market has a full tank of fuel for a rally. Even if the price is moving sideways or slowly (low momentum), the high potential suggests that if a new uptrend starts, it has the energy to be sustainable and significant.
2. Downside Potential (Red Line)
What it shows: The percentage price decrease required to hit the Oversold RSI Level—the "fuel" for a downtrend.
How to interpret it:
Low Value (Approaching Zero): A warning for bears. The price may be dropping fast (high momentum), but it's running out of energy to fall further. This signals seller exhaustion and increases the probability of a bounce or reversal.
High Value: The market has significant room to fall before becoming oversold. This can confirm the health of a new downtrend or suggest that a current downtrend has more to go.
3. Net Potential (Columns / Histogram)
What it shows: The net balance of energy: Upside Potential - Downside Potential. It answers, "Which side has more fuel in the tank?"
Volume-Confirmed Price Momentum# **Volume-Confirmed Price Momentum (VCPM) Indicator**
## **🔍 Overview**
Introducing the **Volume-Confirmed Price Momentum (VCPM)**, a sophisticated dual-metric indicator designed to identify high-probability momentum moves by analyzing the relationship between price action and volume dynamics. This indicator combines correlation analysis with volume strength validation to filter out weak signals and highlight institutional-backed movements.
---
## **⚙️ Core Mechanics**
**Price-Volume Correlation Engine:**
- Calculates real-time correlation between price movements and volume
- Configurable lookback period (default: 8 bars)
- Option to use price changes or absolute values
- Correlation range: -1.0 (perfect negative) to +1.0 (perfect positive)
**Volume Strength Analyzer:**
- Compares current volume against its moving average (default: 128 periods)
- Normalizes volume ratio to 0-1 scale for consistent interpretation
- Identifies when volume significantly exceeds historical norms
---
## **📊 Signal Generation**
### **🟢 Bullish Confirmation Signal**
**Trigger:** Positive correlation > 0.6 + Volume ratio > 0.5
- Price and volume moving in harmony upward
- Above-average volume confirms the move
- Indicates strong institutional buying interest
### **🔴 Bearish Confirmation Signal**
**Trigger:** Negative correlation < -0.6 + Volume ratio > 0.5
- Price declining with increasing volume
- Suggests distribution or institutional selling
- High-confidence bearish momentum
---
## **🎯 Trading Applications**
**Breakout Validation:**
Filter false breakouts by requiring volume confirmation before entering positions.
**Trend Continuation:**
Identify when existing trends have strong volume backing for continuation plays.
**Distribution Detection:**
Spot potential tops when price struggles despite high volume (negative correlation).
**Entry Timing:**
Built-in alert system notifies when both conditions align for optimal entry points.
---
## **🔧 Customization Features**
- **Correlation Period:** Adjust sensitivity (2-500 bars)
- **Volume Averaging:** Modify volume comparison timeframe
- **Alert Thresholds:** Fine-tune correlation and volume ratio triggers
- **Visual Options:** Toggle volume histogram display
- **Price Source:** Choose from OHLC or custom sources
---
## **💡 Why VCPM Works**
Traditional momentum indicators often generate false signals during low-volume periods. VCPM solves this by requiring **dual confirmation**: price momentum must be supported by corresponding volume activity. This approach:
- Reduces whipsaws and false breakouts
- Identifies institutional participation
- Provides higher conviction trade setups
- Works across all timeframes and markets
---
## **📈 Best Use Cases**
✅ **Crypto markets** (high volatility, volume-driven)
✅ **Stock breakouts** (earnings, news events)
✅ **Forex majors** (during high-impact news)
✅ **Futures trading** (momentum confirmation)
---
## **⚠️ Important Notes**
- Works best in liquid markets with consistent volume data
- Combine with support/resistance levels for enhanced accuracy
- Consider market context (trending vs. ranging conditions)
- Not recommended for extremely low-volume periods
---
## **🚀 Getting Started**
1. Add VCPM to your chart as a sub-panel indicator
2. Configure correlation threshold (start with 0.6)
3. Set volume ratio threshold (start with 0.5)
4. Enable alerts for automated signal detection
5. Backtest on your preferred timeframe and instrument
---
**Ready to enhance your momentum trading with volume confirmation? Try VCPM and experience the difference institutional-backed signals can make in your trading results.**
*Available in Pine Script v6 - Compatible with all TradingView accounts*
SMA - ATR with Dual SMAs + Candle Body Inside SignalsSMA - ATR with Dual SMAs + Candle Body Inside Signals
Intelligent Top & Bottom Finder v9.8 Keyvankh📈 Intelligent Top & Bottom Finder v9.8 Keyvankh
A next-generation all-in-one trading system for precise tops, bottoms, and reversals across all timeframes.
---
🟢 Overview
This indicator is a powerful and intelligent solution for detecting market tops and bottoms, key reversals, and S/R zones with institutional-grade accuracy. Designed for traders seeking an edge in any market (crypto, forex, stocks), it combines advanced candlestick recognition, multi-indicator confirmation, smart support/resistance clustering, and strict signal filtering into one seamless tool.
---
🔎 How Does It Work?
1. Advanced Support & Resistance Clustering
Automatically detects and draws high-probability support and resistance zones using dynamic ATR-based pivot clustering.
Highlights breakouts and retest (flip) zones in real-time, adapting to changing market structure.
2. Full Candlestick Pattern Recognition
Scans for 15+ classic and advanced patterns: Engulfing, Pin Bar, Doji, Three Bar, Marubozu, Hammer, Shooting Star, Three White Soldiers, Three Black Crows, Tweezer, Morning/Evening Star, Kicker, Belt Hold, and more.
Scores each pattern’s strength based on location (S/R zone, retest, breakout), volume context, and confirmation signals.
3. Multi-Indicator Confirmation Engine**
Integrates and scores confirmation from up to five additional sources:
RSI Games 1.2** (smoothed LTF momentum shifts)
MACD Divergence** (bullish/bearish momentum reversal)
QQE+ v7 Advanced** (dynamic volatility filter)
OBV Trend Filter** (volume-backed trend validation)
Volume Game** (net volume spike and reversal detection)
Each module can be enabled or disabled to fit your personal trading style.
4. Institutional S/R and Retest Logic
Real-time recognition of major trendline breaks, retest zones, and price flips.
Automatic labeling and coloring of S/R zones, retest boxes, and confirmation candles.
5. Smart Buy & Sell Signal Generation**
Combines all scoring modules with strict logical filters and “failsafe override” logic (guaranteeing signal on confirmed hammers, engulfings, etc. even if other filters disagree).
Plots clear “BUY” and “SELL” labels only when a strong, multi-factor signal appears—minimizing noise and maximizing reliability.
Built-in fallback logic (optional) for edge cases.
6. Alerts & Automation Ready
TradingView alerts for all BUY, SELL, or ANY signal conditions—perfect for auto-trading or notification setups.
---
*⚙️ Customizable Inputs
Enable/Disable any module (RSI Games, MACD, OBV, QQE+, Candlestick Scanner, Volume Game)
Minimum Confirmations** required for a signal (1–10)
Pivot/Zone Sensitivity:** ATR multiplier, pivots per cluster, retest bar duration
LTF (Lower Timeframe) Confirmation:** Fully configurable
---
📊 How To Use**
Apply on any timeframe and symbol**—crypto, stocks, forex, indices.
Use as a **standalone reversal/entry tool** or to confirm your own technical setups.
Combine with your favorite momentum, trend, or volume indicators for advanced confluence.
Set up **TradingView alerts** for auto-trading, Telegram/email notifications, or trade journaling.
---
🟢 What Makes This Unique?
All-in-one multi-indicator fusion:** No more juggling a dozen scripts.
Institutional logic:** Goes beyond basic signals with true S/R, retest, and volume logic.
Full transparency:** Source code is clear and commented (if published open-source).
Fast and reliable:** Optimized for minimal lag and maximum accuracy.
---
⚠️ Disclaimer**
This indicator is a tool to assist with trade timing and risk management. **No system is 100% accurate.** Always use in conjunction with your own analysis and risk management practices.
---
📚 Credits & License**
Created by Keyvan Khodakhah.
You may use, modify, or share this script under the (mozilla.org).
Please credit the original author if you fork or reuse in public.
---
Questions, feedback, or collaboration? Contact: Keyvankh
---
Precision in technical analysis comes from layers of confluence and discipline. This tool brings that precision to your chart.
Neuracap Gap AnalysisThe Neuracap Gap Analysis indicator is a comprehensive tool designed to identify and track price gaps, special candlestick patterns, and high-volume breakout signals. It combines multiple trading strategies into one powerful indicator for gap trading, pattern recognition, and momentum analysis.
🎯 What This Indicator Does
1. Gap Detection & Tracking
Automatically identifies price gaps (up and down)
Tracks gap fills with visual boxes that extend until closed
Manages gap history with customizable limits
Color-coded visualization (Green = Gap Up, Red = Gap Down)
2. Upside Tasuki Gap Pattern
Identifies the bullish continuation pattern
Colors candles yellow when pattern is detected
Confirms trend continuation signals
3. Episodic Pivot Detection
High-volume breakout identification
EMA filter ensures signals only in uptrends
Strong momentum confirmation
Fuchsia-colored candles with arrow markers
🔍 How to Use for Trading
📈 Gap Trading Strategy
Gap Up Trading:
Wait for gap up (green box appears)
Check volume - Higher volume = stronger signal
Entry options:
Aggressive: Enter at market open
Conservative: Wait for pullback to gap level
Stop loss: Below the gap fill level
Target: Previous resistance or 2:1 risk/reward
Gap Down Trading:
Identify gap down (red box appears)
Look for bounce opportunities
Entry: When price shows reversal signs
Stop: Below recent lows
Target: Gap fill level
💫 Tasuki Gap Strategy
Yellow candle indicates bullish continuation
Confirms uptrend is likely to continue
Entry: On next candle after pattern
Stop: Below the gap low
Target: Next resistance level
🚀 Episodic Pivot Strategy
Fuchsia candle + arrow = High probability breakout
All conditions met:
Price above EMA 20, 50, 200
High volume (2x+ average)
Strong price move (4%+)
Entry: At close or next open
Stop: Below EMA 20 or recent swing low
Target: Measured move or next resistance
📊 Reading the Visual Signals
Gap Boxes
🟢 Green Box: Gap up - potential bullish continuation
🔴 Red Box: Gap down - potential bounce or bearish continuation
Box extends until gap is filled
Box disappears when gap closes
Candle Colors
🟡 Yellow: Tasuki gap pattern (bullish continuation)
🟪 Fuchsia: Episodic pivot (high-volume breakout)
⬜ Normal: No special pattern detected
Arrows & Markers
⬆️ Triangle Arrow: Episodic pivot confirmation
💡 Trading Tips & Best Practices
✅ Do's
Combine with trend analysis - Trade gaps in direction of trend
Check volume - Higher volume = more reliable signals
Use multiple timeframes - Confirm on higher timeframes
Risk management - Always set stop losses
Wait for confirmation - Don't chase, let signals develop
❌ Don'ts
Don't trade all gaps - Focus on high-quality setups
Avoid low volume - Weak volume = unreliable signals
Don't ignore trend - Counter-trend trading is risky
Don't overtrade - Quality over quantity
Don't ignore context - Consider market conditions
⚠️ Risk Management
Position sizing: Risk 1-2% per trade
Stop losses: Always define before entry
Target levels: Set realistic profit targets
Market conditions: Avoid trading in choppy markets
📈 Performance Optimization
For Conservative Traders:
Increase minimum gap size to 1%
Set volume multiplier to 3.0x
Only trade episodic pivots in strong uptrends
Wait for gap fill confirmation
For Aggressive Traders:
Decrease minimum gap size to 0.3%
Set volume multiplier to 1.5x
Trade both gap types
Enter on pattern confirmation
🚨 Alert Setup
The indicator provides alerts for:
Gap Up Detected
Gap Down Detected
Upside Tasuki Gap
Episodic Pivot
Recommended: Enable all alerts and filter manually based on your strategy.
📝 Summary
This indicator excels at identifying high-probability trading opportunities through gap analysis, pattern recognition, and momentum confirmation. Use it as part of a complete trading system with proper risk management for best results.
Bitcoin 12/26 EMA Crossover with ADX Filter [5min Intraday]A trend-following strategy for Bitcoin on a 5-minute intraday chart, using 12/26 EMA crossovers with ADX and volume filters to reduce false signals in ranging markets.
Key Features:
Entries: Long: 12 EMA crosses above 26 EMA, ADX > 25, volume > 1.5x 20-period average.
Short: 12 EMA crosses below 26 EMA, ADX > 25, volume > 1.5x 20-period average.
Exits: Long: 2% stop loss or 12 EMA crosses below 26 EMA.
Short: 2% stop loss, 3% take profit, or 12 EMA crosses above 26 EMA.
Filters: ADX (14-period) > 25 ensures trending markets; volume filter confirms strong participation.
10/50 EMA Cloud + 21 EMA + VWAP + FractalsThis indicator is designed for active traders and combines several popular technical analysis tools into a single, easy-to-use overlay. It helps traders identify trend direction, dynamic support and resistance, and potential reversal points, all while providing optional fractal signals for added clarity.
Features and Components
1. EMA Cloud (10/50 EMA)
10-period EMA (Exponential Moving Average): Tracks short-term price momentum.
50-period EMA: Represents a longer-term trend.
Cloud Visualization: The area between the 10 and 50 EMA is filled with color:
Green cloud when the 10 EMA is above the 50 EMA, signaling bullish momentum.
Red cloud when the 10 EMA is below the 50 EMA, signaling bearish momentum.
Purpose: Quickly visualize the prevailing trend and potential trend shifts.
2. 21-period EMA
21 EMA: Plotted as a blue line, this moving average is widely used to gauge intermediate-term trend and dynamic support/resistance.
Purpose: Acts as a reference for trend-following entries and exits.
3. VWAP (Volume Weighted Average Price)
VWAP Line: Plotted in orange, VWAP gives the average price weighted by volume for the session.
Purpose: Useful for identifying fair value, potential bounce/reversal zones, and institutional interest levels.
4. Fractals (Toggleable)
User Option: A setting allows the user to turn fractal signals on or off.
Fractal Logic: Uses a 5-bar pattern:
Up Fractal: Plots a green triangle above the bar if the high of the middle bar (2 bars ago) is higher than the highs of the two bars before and after.
Down Fractal: Plots a red triangle below the bar if the low of the middle bar (2 bars ago) is lower than the lows of the two bars before and after.
Purpose: Highlights potential short-term reversal points or swing highs/lows.
5. Volume Bars
Volume Histogram: Plotted in gray at the bottom of the chart.
Purpose: Provides context for price action, helping to confirm breakouts or identify exhaustion.
How to Use This Indicator
Trend Identification: Use the EMA cloud and 21 EMA to determine the prevailing trend. Trade in the direction of the cloud color and EMA alignment.
VWAP Strategies: Look for price reactions at the VWAP for possible rebounds, breakouts, or reversals.
Fractal Signals: Enable fractals to spot potential reversal zones or to fine-tune entries/exits at swing points.
Volume Confirmation: Use volume bars to validate the strength of moves, especially near key EMAs or VWAP.
Customization
Fractals On/Off: Easily toggle fractal signals in the indicator settings to reduce chart clutter or focus on other signals as needed.
8/21 EMA Early Buy/Sell + Golden CrossThis is a a really easy 8/21 EMA Buy/Sell Indicator with a Golden/Death Cross warning plus the ability to adjust and add Early Buy/Sell's
How it works:
Standard BUY/SELL: 8/21 EMA cross as usual.
EARLY SELL: After a strong price up move, EMA8 still above EMA21, and EMA8 turns down.
EARLY BUY: After a strong price down move, EMA8 still below EMA21, and EMA8 turns up.
Golden/Death Cross: From daily 50/200 SMA.
Recommended Colours:
8 EMA Red
21 EMA Blue
50 SMA Purple
200 SMA White
Cobra Hedge Dashboard – V1.0 Final Master🧠 Cobra Hedge Dashboard – V1.0 Final Master
V1.0 | Smart Risk Filter for Open Hedge Positions
📝 (Description):
Cobra Hedge Dashboard is built specifically for traders managing open hedge positions. It provides a real-time view of directional pressure, smart zones, and price behavior to help make informed decisions such as:
When to partially close hedge orders
When to reverse positions based on flow & exhaustion
Which side (Buy or Sell) currently has momentum
Detecting price reaching critical zones (Supply/Demand)
Measuring volume strength to avoid fake exits
🔍 Ideal for traders already in the market — this dashboard is not an entry signal system, but a tool to manage hedge exits and exposure.
Built-in calculations include:
VWAP and EMA cross-pressure
Directional flow meter
Auto Supply & Demand Zones
Volume spikes and breakout strength
Best used on 1m–15m charts.
Open-source for transparency and improvement.
COBRA X Mastermind – Ultimate Smart Panel✅ COBRA X Mastermind – Ultimate Smart Panel
COBRA X Mastermind – Ultimate Panel | Structure, Volume, Signals & Smart Entry
📝 (Description):
COBRA X Mastermind is a precision smart panel for reading market structure, detecting high-quality entries and visualizing critical components in one screen:
Detect Break of Structure (BoS) and CHoCH with context
Auto-mark Order Blocks and Fair Value Gaps (FVGs)
Volume Spike & VWAP alignment for smart trend confirmation
Directional bias from EMA + Dynamic Flow analysis
Hidden divergence detection to anticipate trap moves
Built-in Signal Strength meter with real-time TP/SL suggestion
Each row in the panel reflects a real-time reading of price action, structure, volume, and entry risk.
🔍 How to use it:
Look for a valid signal only when structure + volume + divergence are in agreement. Use the panel strength bar to validate setups.
This script is open-source and optimized for 1m and 5m charts, especially on Gold and FX pairs.
Clean, non-repainting, and built for professional scalpers.
Supply/Demand Zones with Midline (No Overlap Logic)Supply and demand formations based on inside bar breakouts. Automatically plots zones to buy and sell from. MTF analysis available.
Range Filter Buy & Sell 5min + Multi-TF DashboardElevate your edge with Range Filter Buy & Sell 5min + Multi-TF Dashboard—a precision-engineered trend companion that scans your favorite markets from the 5-minute tick to the higher-timeframe horizon. By harmonizing short-term signals with the broader trend, it delivers crystal-clear buy and sell cues—and the confidence to act on them. Whether you’re scalping, swing trading, or investing for the long haul, this all-in-one dashboard empowers you to ride only the strongest trends and step aside before the noise hits. Trade smarter. Trade with clarity. Trade with conviction.
9 EMA Cross 21 EMA Strategy - 1H with 5% TPThe 21/9 EMA crossover strategy is a powerful trend-following method where a buy signal is triggered when the 9 EMA crosses above the 21 EMA, indicating bullish momentum. It works best in trending markets, especially when combined with filters like the 100 EMA to avoid choppy zones. Traders can enhance performance by entering on EMA retests, using a fixed 35-point stop-loss, and setting a 5–8% take profit. This strategy shines on 15-minute to 1-hour charts and can yield massive returns—sometimes up to 300%—when used with discipline and proper risk management. Follow me for more crazy setups!
Custom Time LinesMarks out London and Asia Session open times and close times to help when trading New York Session
Hidden Markov ModelOverview
This model uses a Hidden Markov Model to identify and predict market regimes in real-time. It is designed to probabilistically identify market regime changes and predict potential reversal point using a forward algorithm to calculate the probability of a state.
Unlike traditional technical indicators that rely on price patterns or moving averages, this HMM analyses the underlying statistical structure of market movements to detect when the market transitions between different behavioural states such as trending, ranging, or volatile periods
How it works
The HMM assumes that market behavior follows hidden states that aren't directly observable, but can be inferred from observable market data (emissions). The model uses a (somewhat simplified) Bayesian inference to estimate these probabilities.
State 0: (Normal Trading): Market continuation patterns, balanced buying/selling
State 1: (Top Formation): Exhaustion patterns at price highs
State 2: (Bottom Formation): Capitulation patterns at price lows
How to use
1) Identify the trend (you can also use it counter-trend)
2) For longing, look for a green arrow. The probability values should be red. For shorting, look for a red arrow. The probability values should be green
3) For added confluence, look for high probability values of above 25%.
Advantages and what makes it unique
Unlike moving averages or oscillators that react to price changes, the HMM proactively identifies the underlying market structure. This forward-looking approach can signal regime changes before they become apparent in price action, providing traders with an informational edge.
Smart RSI Divergence PRO | Auto Lines + Alerts
Smart RSI Divergence PRO
This indicator automatically finds RSI divergences on price charts:
🔹 Detects both regular & hidden divergences
🔹 Draws auto trendlines connecting swing highs & lows
🔹 Clear triangle labels directly on the chart
🔹 Ready-to-use alerts for your strategy
Use it to spot potential trend reversals and hidden continuation signals.
How it works
Regular Divergence: Price makes a higher high (or lower low) while RSI does not — this can signal a possible trend reversal.
Hidden Divergence: Price makes a lower high (or higher low) while RSI makes a higher high (or lower low) — this can signal a possible trend continuation in the same direction.
Auto Lines & Labels
The script automatically detects local swing highs and lows and draws connecting trendlines on price.
Labels appear on the chart as colored triangles, so signals are easy to see at a glance:
🔻 Red triangle — Regular Bearish Divergence (potential short)
🟠 Orange triangle — Hidden Bearish Divergence (possible trend continuation down)
🟢 Green triangle — Regular Bullish Divergence (potential long)
🔵 Blue triangle — Hidden Bullish Divergence (possible trend continuation up)
Customization
You can adjust:
RSI length
Show/hide regular or hidden divergences
Show/hide auto lines and labels
Customize line width and transparency
Works on any market and any timeframe — crypto, forex, indices, stocks.
⚠️ Disclaimer: This script is for educational purposes only and does not constitute financial advice. Always test any strategy thoroughly and trade at your own risk.
Smart Deviation Trend Bands PRO + MTF Filter
Smart Deviation Trend Bands PRO + MTF Filter
This advanced version of Smart Deviation Bands gives you everything you need to catch cleaner trend bounces and avoid fake signals.
🔹 Classic deviation bands with 1, 2 and 3 standard deviations
🔹 Dynamic SMA line with clear trend coloring
🔹 Built-in multi-timeframe trend filter (MTF)
🔹 Signals only appear when they align with the higher timeframe trend
🔹 Ready-to-use alerts for bullish and bearish bounces
How it works
The script plots classic standard deviation bands around a dynamic Simple Moving Average (SMA). The three bands (1, 2 and 3 standard deviations) help you spot different levels of pullbacks or extensions relative to the trend.
A built-in multi-timeframe filter checks the trend on a higher timeframe (HTF). A signal appears only when a bounce aligns with the bigger trend:
Bullish bounce: Price crosses up from the lower deviation band while the HTF trend is up.
Bearish bounce: Price crosses down from the upper deviation band while the HTF trend is down.
Signal markers
🟢 Green circle: Bullish bounce — price crossing up from lower band with HTF uptrend
🔴 Red circle: Bearish bounce — price crossing down from upper band with HTF downtrend
How to use
Works on any market (crypto, stocks, forex).
Works on any timeframe — the filter can use any higher timeframe you choose (for example, H4, 1D, 1W).
Fully adjustable settings: SMA length, standard deviation multipliers, and filter timeframe.
Combine this with your strategy to filter out fake breakouts and trade in line with the bigger trend.
⚠️ Disclaimer: This script is for educational purposes only and does not constitute financial advice. Always test any strategy thoroughly and trade at your own risk.
