Trailing STOP based on ATR with Offset, SMA, and RMATrailing STOP based on Average True Range (ATR)
Start with Multiplier = 2 and Offset = 1
Trend Analysis
Dow Trend with MA FilterThis is a modification of a very clever Dow Theory script by Mohit_Kakkar08. I found the logic to be great but the visual to be distracting due to lack of user control. The original uses dow theory to define every single bar as an up, down, or outside bar. Fantastic. This mod plots only when the status changes and allows full control over arrows, stop loss plots, etc. Also added a filter by 2 MAs if you want to lessen the signals. The filter will only show up arrows if they are below the MA and only show down arrows if they are above the MA (none, one MA, or both as a filter). Also extended the MTF table to 8 spots...
CyberCandle SwiftEdgeCyberCandle SwiftEdge
Overview
CyberCandle SwiftEdge is a cutting-edge, AI-inspired trading indicator designed for traders seeking precision and clarity in trend-following and swing trading. Powered by SwiftEdge, it combines Heikin Ashi candles, a gradient-colored Exponential Moving Average (EMA), and a Relative Strength Index (RSI) to deliver clear buy and sell signals. Featuring glowing visuals, dynamic signal icons, and a customizable RSI dashboard in the top-right corner, this script offers a futuristic interface for identifying high-probability trade setups on various timeframes (e.g., 1H, 4H).
What It Does
CyberCandle SwiftEdge integrates three powerful components to generate actionable trading signals:
Heikin Ashi Candles: Smooths price action to highlight trends, reducing market noise and making reversals easier to spot.
Gradient EMA: A 100-period EMA with dynamic color transitions (blue/cyan for uptrends, red/pink for downtrends) to confirm market direction.
RSI Dashboard: A neon-lit display showing RSI levels, indicating overbought (>70), oversold (<30), or neutral (30-70) conditions.
Buy and sell signals are marked with prominent, glowing icons (triangles and arrows) based on trend direction, momentum, and specific Heikin Ashi patterns. The script’s customizable parameters allow traders to tailor the strategy to their preferences, balancing signal frequency and precision.
How It Works
The strategy leverages the synergy of Heikin Ashi, EMA, and RSI to filter trades and highlight opportunities:
Trend Direction: The price must be above the EMA for buy signals (bullish trend) or below for sell signals (bearish trend). The EMA’s gradient color shifts based on its slope, visually reinforcing trend strength.
Momentum Confirmation: RSI must exceed a user-defined threshold (default: 50) for buy signals or fall below it for sell signals, ensuring momentum supports the trade.
Candle Patterns: Buy signals require a green Heikin Ashi candle (close > open), with the two prior candles having minimal upper wicks (≤5% of candle body) and being red (indicating a retracement). Sell signals require a red candle, minimal lower wicks, and two prior green candles.
RSI Dashboard: Positioned in the top-right corner, it features a glowing circle (red for overbought, green for oversold, blue for neutral), the current RSI value, and a status indicator (triangle for extremes, square for neutral). This provides instant momentum insights without cluttering the chart.
By combining Heikin Ashi’s trend clarity, EMA’s directional filter, and RSI’s momentum validation, CyberCandle SwiftEdge minimizes false signals and highlights trades with strong potential. Its vibrant, AI-like visuals make it easy to interpret at a glance.
How to Use It
Add to Chart: In TradingView, search for "CyberCandle SwiftEdge" and add it to your chart. Set the chart to Heikin Ashi candles for optimal compatibility.
Interpret Signals:
Buy Signal: Large green triangles and arrows appear below candles when the price is above the EMA, RSI is above the buy threshold (default: 50), and conditions for a bullish retracement are met. Consider entering a long position with a 1:2 risk/reward ratio.
Sell Signal: Large red triangles and arrows appear above candles when the price is below the EMA, RSI is below the sell threshold (default: 50), and conditions for a bearish retracement are met. Consider entering a short position.
RSI Dashboard: Monitor the top-right dashboard. A red circle (RSI > 70) suggests caution for buys, a green circle (RSI < 30) indicates potential buying opportunities, and a blue circle (RSI 30-70) signals neutrality.
Customize Parameters: Open the indicator’s settings to adjust:
EMA Length (default: 100): Increase (e.g., 200) for longer-term trends or decrease (e.g., 50) for shorter-term sensitivity.
RSI Length (default: 14): Adjust for more (e.g., 7) or less (e.g., 21) responsive momentum signals.
RSI Buy/Sell Thresholds (default: 50): Set higher (e.g., 55) for buys or lower (e.g., 45) for sells to require stronger momentum.
Wick Tolerance (default: 0.05): Increase (e.g., 0.1) to allow larger wicks, generating more signals, or decrease (e.g., 0.02) for stricter conditions.
Require Retracement (default: true): Disable to remove the two-candle retracement requirement, increasing signal frequency.
Trading: Use signals in conjunction with the RSI dashboard and market context. For example, avoid buy signals if the RSI dashboard is red (overbought). Always apply proper risk management, such as setting stop-losses based on recent lows/highs.
What Makes It Original
CyberCandle SwiftEdge stands out due to its futuristic, AI-inspired visual design and user-friendly customization:
Neon Aesthetics: Glowing Heikin Ashi candles, gradient EMA, and dynamic signal icons (triangles and arrows) with RSI-driven transparency create a high-tech, immersive experience.
RSI Dashboard: A compact, top-right display with a neon circle, RSI value, and adaptive status indicator (triangle/square) provides instant momentum insights without cluttering the chart.
Customizability: Users can fine-tune EMA length, RSI parameters, wick tolerance, and retracement requirements via TradingView’s settings, balancing signal frequency and precision.
Integrated Approach: The synergy of Heikin Ashi’s trend clarity, EMA’s directional strength, and RSI’s momentum validation offers a cohesive strategy that reduces false signals.
Why This Combination?
The script combines Heikin Ashi, EMA, and RSI for a complementary effect:
Heikin Ashi smooths price fluctuations, making it ideal for identifying sustained trends and retracements, which are critical for the strategy’s signal logic.
EMA provides a reliable trend filter, ensuring signals align with the broader market direction. Its gradient color enhances visual trend recognition.
RSI adds momentum context, confirming that signals occur during favorable conditions (e.g., RSI > 50 for buys). The dashboard makes RSI intuitive, even for non-technical users.
Together, these components create a balanced system that captures trend reversals after retracements, validated by momentum, with a visually engaging interface that simplifies decision-making.
Tips
Best used on volatile assets (e.g., BTC/USD, EUR/USD) and higher timeframes (1H, 4H) for clearer trends.
Experiment with parameters in the settings to match your trading style (e.g., increase wick tolerance for more signals).
Combine with other analysis (e.g., support/resistance) for higher-confidence trades.
Note
This indicator is for informational purposes and does not guarantee profits. Always backtest and use proper risk management before trading.
Basic/Fractal Engulfing Candle Filtered EMA/ATRBasic/Fractal Engulfing Candle Filtered EMA/ATR
This clean and flexible indicator is designed to highlight high-probability engulfing candle patterns by applying a smart combination of filters based on ATR, EMA, and fractal swing high/low logic.
Engulfing candles are commonly used for spotting potential trend reversals or momentum continuation zones—but without proper filtering, they can produce noise. This script enhances reliability by giving traders control over:
ATR Filter: Limits signals to candles within a specific size range relative to the Average True Range, filtering out excessive volatility.
EMA Filter: Confirms trend direction using an exponential moving average. Engulfing candles are only valid if aligned with or against the EMA depending on user configuration.
Fractal Swing High/Low Filter: Requires engulfing candles to occur near local highs (for bearish setups) or lows (for bullish setups), identifying potential turning points in market structure.
Highlights:
Fully customizable with intuitive inputs
Clean chart visuals with triangle markers for bullish (🟦 aqua) and bearish (🟪 fuchsia) engulfing signals
Adaptive EMA color changes based on price position (above = bullish, below = bearish)
Perfect for traders who want a smarter engulfing candle tool that adapts to market conditions, price structure, and trend confirmation.
*Highly recommend using this in confluence with many other indicators of my own/your liking.
*You can use this very well on memecoins and alt coins, works for trading, swing trading, and long term analysis. Lower time frames recommended.
*includes alerts functionality.
VWAP - CATSsession vwap with % bands and a highlight of every 4th band... because I think those are interesting levels. If you use with my alternating ma red/green background and set that one also to vwap then these 2 scripts play well together otherwise this will just be the big yellow with grey % bands and every 4th one able to be highlighted....
Prev Day High/Low + First 5-Min Candle RangeThis will draw a a line for previous day high and low and will also draw out the high and the low of the first five minute candle of the daytime session.
ONE RING SlimJust 3 nested envelopes tied together with a factor to size them together. You can have them based on various MAs and the envelopes based on % or on a volatility setup I came up with. You can highlight crosses of outside bands and/or midpoints. Mid lines can be colored based on slope. You can shade in various ways. You can highlight freak volume bars, and ranges also. Have basic options for highlight of session and lunch. Have fun.
Horizontal Color BandsJust horizontal bands running across the chart. Choice of 2 colors you pick and the spacing is a percentage of price. The "grid" runs up from a price you choose and also can be dragged around on the chart. Possibly makes trading measured % moves visually clearer....
CATS Freak Volume MA % Bands with ShiftThis is a riff on Freak Volume by UniqueCharts. You should probably start there to understand what is happening here. Basically you look for a high volume "freak" volume bar using a set lookback period and a certain standard deviation thresehold. Pretty cool. You can then highlight that bar and show it's range… What has been added here is allowing multiples of the range of that freak bar to be shown. (Sometimes when volume comes into the market there will be a measured move of 2x or 3x of the volume bar.) Also have turned the midpoints of the freak volume bars into a moving average of sorts by connecting those levels with various MA choices and a smothing factor. This MA by itself is very interesting since it can plateau and flatten like a kaufmann ma. Also added the abilty for there to be an envelope around this volume MA. The envelope choices can be a fixed percentage, or a multiple of the freak bar (the before mentioned 2x or other multiples), or a volatility based envelope which you may find interesting. The volatility envelope works in a unique way but you can choose smoothing, steps, % capture, etc. Also added an atr stop loss and the indicator is multi timeframe. There is a lot to play with here...
RSI Bars cleanan update of the excellent concept of RSI chart bars by Glaz ... modified to add a filter for how many bars would be considered a valid signal, optional arrows on valid signals, coloring separate for bar, wick, and body to make RSI bars more obvious, and multi-timeframe ability. Screenshot is set to 8/70/30 and at least 3 RSI bars for an arrow. Highlights are I believe slightly different from original script as well. The emphasis here is on overheated bars that then cool off. Bars are colored when RSI crosses up through 70 then coloring stops when RSI crosses back down through 70. Same at bottom when RSI crosses down below 30 then back up through 30. These numbers as well as the frequency are user changeable. Helps with identifying tops/bottoms of cycles. Fine Print - Your mileage may vary. All standard exclusions apply. Not liable for account injury of any sort. Do not follow too closely. Not responsible for broken windshields.
EMA Trend Pro: Dynamic Clouds & ColorsEMA Trend Pro is your ultimate trend companion, built for traders who want clarity, precision, and confidence in their entries.
This script fuses dynamic EMA cloud zones with breakout and pullback signals — giving you real-time insights into market structure and momentum. Whether you're trading crypto, forex, stocks, or futures, EMA Trend Pro adapts to your style.
🔧 Key Features:
✅ EMA Stack Clouds with Folding Sensitivity (9/21/48/200)
✅ Bullish / Bearish trend labels with real-time dashboard
✅ Volume strength analysis (High, Normal, Low)
✅ Breakout signal alerts (momentum-based)
✅ Pullback signal alerts (trend resumption)
✅ Fully customizable: EMA lengths, signal visibility, cloud opacity
✅ Works across all assets and timeframes
🛠️ Designed for scalping, swing trading, and intraday setups.
🔔 Built-in alerts make automation seamless — no guesswork.
💡 Usage Tips:
Use clouds and trend labels to identify structure and bias
Trade breakouts when EMAs align and volume confirms
Look for pullbacks into the EMA zone and enter on resumption
📅 Market Hours Filter: Keeps signals relevant during core trading hours (9:30 AM–4 PM ET).
👤 Developed by @glapougbaegarmondeh
🧠 Version 1.0 | 📆 Released: April 24, 2025
ORB PRO | Buy & Sell | Dutch RoyalORB PRO | Buy & Sell
A turnkey Opening-Range Breakout solution that gives you breakout entries, multi-level exits, risk controls, on-chart analytics and instant backtesting—all configurable through easy dropdowns and sliders.
What You Get
Automatic Opening-Range Detection
Pick your “ORB” window (from 15 min up to 4 hr) and the indicator draws the high/low lines and shaded box for you.
Smart Breakout & Entry Logic
Choose whether to use the raw close price or an EMA for your breakout trigger.
Specify how many false–breakout retests to ignore before taking your signal.
Watch a “Buy” or “Sell” label appear exactly where your entry fires.
Three-Tier Take-Profits
Dynamic Mode: First TP at X % move; TP 2 and TP 3 at additional Y % increments.
ATR Mode: TP levels at configurable multiples of current ATR (e.g. 0.75×, 1.5×, 2.25×).
Flexible Stop-Loss Options
None (no stop at all)
Fixed % below/above entry
Safer, Balanced, or Risky price levels based on your opening range geometry
Adaptive SL toggle: automatically move your stop to breakeven once TP 1 hits
Clean Visual Controls
Turn the ORB box, historical zones, and EMA line on or off
Customize all colors and transparency with built-in pickers
No extra drawing tools required—everything lives in one indicator
Live On-Chart Dashboard
A small, movable table shows your current signal (Bullish/Bearish), entry price, real-time profit %, plus the next TP & SL levels
Perfect for seeing exactly where you stand without manual math
Instant Backtesting Summary
View total sessions, win/loss counts, win-rate, average & total profit %
Choose how much capital you “allocate” to each TP level with preset exit-ratio options (e.g. 90 %→TP 1, 5 %→TP 2, 5 %→TP 3)
Alert-Ready
Built-in alert conditions for Entry, Take-Profit, and Stop-Loss make it trivial to hook into emails, webhooks or automated execution.
How to Configure
Once you add ORB PRO to your chart, open its Inputs pane. You’ll find logically grouped controls:
Trading Logic: ORB duration, breakout source (Close/EMA), retest count, EMA length, TP style (Dynamic/ATR), SL style (None/Fixed/Safer/Balanced/Risky), Adaptive SL.
TP / SL Values: percentage thresholds or ATR multipliers for each TP, plus your fixed-SL percentage if you choose it.
Visuals: toggles for drawing the ORB box, past zones, EMA; plus color & opacity selectors.
Analytics Tables: enable and position both the live dashboard and the backtesting summary, and pick your exit-ratio breakdown for historical P&L.
ORB PRO | Buy & Sell | Dutch Royal is a technical analysis tool provided for educational and informational purposes only. It does not constitute financial, investment, or trading advice. Past performance and backtesting results are not indicative of future outcomes, and all trading involves risk—including the possible loss of capital. Always do your own due diligence, consider your personal financial situation, and consult a qualified professional before placing any trades. By using this indicator you acknowledge that you alone are responsible for your trading decisions and results.
Elliott Wave + Fibonacci Strategy (Long Only)This closed-source long-only swing strategy combines Elliott Wave principles with Fibonacci-based price projections and RSI momentum confirmation. It is designed to capture impulsive upward trends by identifying potential Wave 3 and Wave 5 setups within the Elliott Wave cycle. The strategy is both educational and practical for traders interested in systematic wave-based trading.
Core Logic Overview:
Wave Structure Detection
The script dynamically identifies potential Wave 1 lows and tracks Wave 2 retracements using pivot logic based on a configurable lookback (waveLen). It uses Fibonacci retracement ratios (default: 61.8%) to estimate the ideal Wave 2 correction.
Wave 3 Entry Signal
A Wave 3 Long entry is triggered when the price exceeds both the Wave 2 high and a Fibonacci-based Wave 3 target extension (default: 1.618x the Wave 2 range), provided RSI is above 50 to confirm bullish momentum.
Wave 5 Entry Logic
After Wave 3, a second entry may trigger when the price surpasses the Wave 3 target by an additional 2%, and RSI is above 60 — suggesting a possible Wave 5 extension.
Exit Conditions
A potential ABC correction is detected when price drops below the Wave 3 target and RSI dips under 50, prompting exits.
Additional risk control exits occur if RSI exceeds 70 after entry, suggesting overbought conditions.
User Inputs:
Swing Pivot Lookback (waveLen) – Number of bars to consider for pivot detection (default: 10)
Fib Retracement (fibRetrace) – Controls the Wave 2 retracement level (default: 0.618)
Wave 3 Extension Target (fibExtension) – Projects the Wave 3 price target (default: 1.618)
RSI Period – Used for momentum confirmation (default: 14)
Backtest Conditions:
Account size: $10,000
Risk per trade: 10% of equity
Commission: 0.1%
Slippage: 1 tick
Backtest duration: 2 years
Sample size: 100+ trades depending on market conditions and timeframe used
Best Use Case:
Optimized for 1H to Daily charts in trending markets
Works best on assets showing clear impulsive structures (e.g., crypto, indices)
This strategy is intended to help traders learn and apply Elliott Wave theory in a structured and rule-based format. It avoids repainting by using confirmed swing highs/lows and gives clear visual signals for entries, exits, and targets.
SynchroTrend Oscillator (STO) [PhenLabs]📊 SynchroTrend Oscillator
Version: PineScript™ v5
📌 Description
The SynchroTrend Oscillator (STO) is a multi-timeframe synchronization tool that combines trend information from three distinct timeframes into a single, easy-to-interpret oscillator ranging from -100 to +100.
This indicator solves the common problem of having to analyze multiple timeframe charts separately by consolidating trend direction and strength across different time horizons. The STO helps traders identify when markets are truly synchronized across timeframes, potentially indicating stronger trend conditions and higher probability trading opportunities.
Using either Moving Average crossovers or RSI analysis as the trend definition metric, the STO provides a comprehensive view of market structure that adapts to various trading strategies and market conditions.
🚀 Points of Innovation
Triple-timeframe synchronization in a single view eliminates chart switching
Dual trend detection methods (MA vs Price or RSI) for flexibility across different markets
Dynamic color intensity that automatically increases with signal strength
Scaled oscillator format (-100 to +100) for intuitive trend strength interpretation
Customizable signal thresholds to match your risk tolerance and trading style
Visual alerts when markets reach full synchronization states
🔧 Core Components
Trend Scoring System: Calculates a binary score (+1, -1, or 0) for each timeframe based on selected metrics, providing clear trend direction
Multi-Timeframe Synchronization: Combines and scales trend scores from all three timeframes into a single oscillator
Dynamic Visualization: Adjusts color transparency based on signal strength, creating an intuitive visual guide
Threshold System: Provides customizable levels for identifying potentially significant trading opportunities
🔥 Key Features
Triple Timeframe Analysis: Synchronizes three user-defined timeframes (default: 60min, 15min, 5min) into one view
Dual Trend Detection Methods: Choose between Moving Average vs Price or RSI-based trend determination
Adjustable Signal Smoothing: Apply EMA, SMA, or no smoothing to the oscillator output for your preferred signal responsiveness
Dynamic Color Intensity: Colors become more vibrant as signal strength increases, helping identify strongest setups
Customizable Thresholds: Set your own buy/sell threshold levels to match your trading strategy
Comprehensive Alerts: Six different alert conditions for crossing thresholds, zero line, and full synchronization states
🎨 Visualization
Oscillator Line: The main line showing the synchronized trend value from -100 to +100
Dynamic Fill: Area between oscillator and zero line changes transparency based on signal strength
Threshold Lines: Optional dotted lines indicating buy/sell thresholds for visual reference
Color Coding: Green for bullish synchronization, red for bearish synchronization
📖 Usage Guidelines
Timeframe Settings
Timeframe 1: Default: 60 (1 hour) - Primary higher timeframe for trend definition
Timeframe 2: Default: 15 (15 minutes) - Intermediate timeframe for trend definition
Timeframe 3: Default: 5 (5 minutes) - Lower timeframe for trend definition
Trend Calculation Settings
Trend Definition Metric: Default: “MA vs Price” - Method used to determine trend on each timeframe
MA Type: Default: EMA - Moving Average type when using MA vs Price method
MA Length: Default: 21 - Moving Average period when using MA vs Price method
RSI Length: Default: 14 - RSI period when using RSI method
RSI Source: Default: close - Price data source for RSI calculation
Oscillator Settings
Smoothing Type: Default: SMA - Applies smoothing to the final oscillator
Smoothing Length: Default: 5 - Period for the smoothing function
Visual & Threshold Settings
Up/Down Colors: Customize colors for bullish and bearish signals
Transparency Range: Control how transparency changes with signal strength
Line Width: Adjust oscillator line thickness
Buy/Sell Thresholds: Set levels for potential entry/exit signals
✅ Best Use Cases
Trend confirmation across multiple timeframes
Finding high-probability entry points when all timeframes align
Early detection of potential trend reversals
Filtering trade signals from other indicators
Market structure analysis
Identifying potential divergences between timeframes
⚠️ Limitations
Like all indicators, can produce false signals during choppy or ranging markets
Works best in trending market conditions
Should not be used in isolation for trading decisions
Past performance is not indicative of future results
May require different settings for different markets or instruments
💡 What Makes This Unique
Combines three timeframes in a single visualization without requiring multiple chart windows
Dynamic transparency feature that automatically emphasizes stronger signals
Flexible trend definition methods suitable for different market conditions
Visual system that makes multi-timeframe analysis intuitive and accessible
🔬 How It Works
1. Trend Evaluation:
For each timeframe, the indicator calculates a trend score (+1, -1, or 0) using either:
MA vs Price: Comparing close price to a moving average
RSI: Determining if RSI is above or below 50
2. Score Aggregation:
The three trend scores are combined and then scaled to a range of -100 to +100
A value of +100 indicates all timeframes show bullish conditions
A value of -100 indicates all timeframes show bearish conditions
Values in between indicate varying degrees of alignment
3. Signal Processing:
The raw oscillator value can be smoothed using EMA, SMA, or left unsmoothed
The final value determines line color, fill color, and transparency settings
Threshold levels are applied to identify potential trading opportunities
💡 Note:
The SynchroTrend Oscillator is most effective when used as part of a comprehensive trading strategy that includes proper risk management techniques. For best results, consider using the oscillator in conjunction with support/resistance levels, price action analysis, and other complementary indicators that align with your trading style.
The One StocksThe One – Stocks is a high-performance algorithm designed for serious traders seeking precision signals on major U.S. equities like SPY, QQQ, AAPL, and TSLA.
This strategy provides real-time buy/sell alerts, auto-generated stop loss & take profit levels, and integrates seamlessly with TradingView alerts.
✅ Optimized for 15m–4H charts
✅ Proven entries on trending markets
✅ Ideal for both scalping and swing trading
Key Rule: If a buy signal occurs at a higher high, wait for a retest of the signal level before entering. This increases precision and avoids chasing price.
🔒 This is an invite-only indicator.
🚀 Join the free trial and gain access: theonealgo.com
Ray’s Eye – ORB Strategy (Clean Lines)Marks the first high and low of the 15-minute candle. You would look for a trade upon the break and retest.
[Tradevietstock] Market Trend Detector_Pulse CrafterBest technical indicator to detect market trend- Pulse Crafter
Hello folks, it's Tradevietstock again! Today, I will introduce you to Pulse Crafter Indicator , which can help you identify market cycle and find your best entry/exit effectively.
i. Overview
1. What is Market Trend Detector_ Pulse Crafter?
Market Trend Detector_ Pulse Crafter is a robust TradingView indicator built to analyze market trends and deliver actionable insights across multiple asset classes. Packed with tools like Bollinger Bands, Ichimoku Cloud, customizable Moving Averages, the Tradevietstock Super HMA, and Beta Volatility Detection, it’s a comprehensive solution for traders seeking clarity in complex markets.
2. The Logic Behind
The market is highly unpredictable, and many traders may not possess advanced skills in data analysis or quantitative techniques. To address this, I developed an indicator that combines well-known trend-detection tools with enhanced mathematical functions for improved precision.
For example, I customized the Bollinger Bands by adjusting their color scheme to better reflect short-term trends. I also enhanced the widely-used Ichimoku Cloud indicator by adding a gradient color effect, making market trends more visually intuitive and easier to interpret. These thoughtful visual adjustments—built upon established technical analysis principles—help transform basic indicators into a more accessible and visually compelling toolset for traders.
In addition, the system includes a flexible combination of moving averages. Users can seamlessly switch between SMA (Simple Moving Average) and EMA (Exponential Moving Average) based on their preferences or trading strategy. This set includes six different moving averages, each with full monitoring capabilities for comprehensive trend tracking.
a. Bollinger Bands with display adjustment
Bollinger Bands can be used in trading to identify volatility, trend strength, and potential reversal points. When the price consistently touches or rides the upper band, it signals strong upward momentum, while riding the lower band indicates a strong downtrend. A common strategy is to use the middle band (a 20-period simple moving average) as dynamic support or resistance during trends. Another powerful setup is the Bollinger Band Squeeze, which occurs when the bands contract tightly—signaling a period of low volatility.
This often precedes a breakout; if the price breaks above the upper band with strong volume, it may suggest a buying opportunity, while a break below the lower band may indicate a potential short position. Traders can also watch for price to revert to the mean after touching the outer bands—especially in a ranging market—using the middle band as a target for profit-taking. However, it's essential to confirm these signals with other indicators or price action to reduce the risk of false entries. Some notable enhancements include the custom color settings, which help traders quickly identify short-term trends. A red band indicates a bearish trend, while a green band suggests a bullish trend. This visual cue allows traders to align their Buy and Sell decisions more effectively with the prevailing market direction shown by the indicator.
b. Ichimoku Clouds and the adjustment of colors
To use the Ichimoku Cloud effectively in trading, start by identifying the overall market trend. When the price is above the cloud, it's considered an uptrend; when below, it's a downtrend; and when it's inside the cloud, the market is likely ranging or neutral.
For a buy signal, traders typically look for the price to break above the cloud, the Tenkan-sen (conversion line) to cross above the Kijun-sen (base line), and the Chikou Span (lagging line) to be positioned above the price and the cloud—these conditions together signal strong bullish momentum. For a sell signal, the opposite applies: price breaks below the cloud, the Tenkan-sen crosses below the Kijun-sen, and the Chikou Span is below the price and cloud. Stop-losses are often placed just outside the opposite edge of the cloud, and traders may use the Kijun-sen as a dynamic trailing stop to lock in profits while riding the trend. It’s important to avoid trading when the price is inside the cloud, as this suggests indecision or a lack of clear direction.
c. Moving Average lines
With the Market Trend Detector_Pulse Crafter Indicator , traders have access to a flexible set of six Moving Averages, with the ability to switch between SMA (Simple Moving Average) and EMA (Exponential Moving Average) options. One of the most common strategies involving moving averages is the crossover technique, where a shorter-period MA crosses above (bullish signal) or below (bearish signal) a longer-period MA. While this strategy is widely used, it's important to note that it can sometimes produce false signals or delayed entries, leading to potential losses—especially in choppy markets. Therefore, I recommend that beginners go beyond just the crossover method and explore additional applications of moving averages. For instance, moving averages can serve as dynamic support and resistance levels, or be used as a statistical benchmark in more advanced strategies, helping traders gauge overall market momentum and make better-informed decisions.
d. Super HMA by Tradevietstock
The Super HMA (Hull Moving Average) in this script is particularly special due to its versatility, enhanced responsiveness, and built-in trend visualization features. Unlike the standard HMA, this implementation allows users to choose from three different variants—HMA, THMA (Triple Hull Moving Average), and EHMA (Exponential Hull Moving Average)—each offering a unique level of sensitivity and smoothing based on their internal weighting formulas.
This flexibility enables traders to adapt the moving average behavior to fit various market conditions or personal strategy preferences. The logic behind the HMA is designed to reduce lag while maintaining a smooth curve by using a combination of weighted moving averages. Specifically, it doubles the WMA of a shorter period, subtracts the WMA of a longer period, and then applies a final smoothing step using the square root of the length. On top of that, the script includes dynamic trend coloring, where the HMA line changes color based on its slope, visually indicating bullish or bearish momentum. This is further enhanced by the ribbon-style plotting and optional ATR-based bands, which highlight volatility zones and help identify strong trend conditions, making the HMA not just a trend filter but a visually intuitive trading tool.
e. True Range Bands and Beta Volatility
This is the most important feature in the entire script. I built it to better detect market trends and capture decisive movements that could signal either a reversal or a strong confirmation.
The True Range Band is a dynamic indicator built on the Average True Range (ATR), designed to adapt to market volatility in real time. Unlike traditional indicators that use static ranges or fixed values, the True Range Band adjusts its upper and lower limits based on recent market activity. It wraps around a Hull Moving Average (HMA), expanding during high volatility and tightening during quiet periods. This makes it particularly useful for identifying trend strength, breakout opportunities, and potential reversal zones. Because it reacts to the intensity of market movement, traders can use it to fine-tune their entry and exit points with greater precision than with standard tools like Bollinger Bands.
The Beta Volatility Detection feature adds another layer of sophistication by incorporating a statistical approach to measuring how much an asset moves in relation to a broader market index, like the S&P 500. This is done by calculating the beta coefficient over a specified lookback period, revealing whether an asset is trending more aggressively than the market itself. When beta exceeds a certain threshold, the system highlights it visually, signaling a strong market trend or deviation. This helps traders stay aligned with momentum-driven movements and avoid false signals that more rigid indicators might miss.
II. How to Use and Trade with the Trend
1. Setting Up
There are two core setups available for traders, but let’s start with the one I personally use the most:
a. Default Setting (My Go-To Setup)
In the Default setting, we activate the True Range Bands, the 250 and 100 Simple Moving Averages (SMA), and Beta Volatility Detection. This is my preferred configuration, and for good reason.
Unlike traditional strategies that rely heavily on moving average crossovers, I use moving averages purely as statistical reference points. According to Tradevietstock's framework, the SMA 250 represents the long-term trend. Every time the price touches or reacts to this line, it means something—it’s not random. It’s a statistically significant moment, and that's where we pay close attention.
The True Range Bands are the star of this setup. They’re designed to adapt to volatility and highlight moments when the price breaks out of its recent range. If the price pushes above or below these bands, it often signals one of two things: either a reversal of the previous trend or a strong confirmation that the current trend still has fuel. Either way, these are decision points.
Then there’s Beta Volatility, which helps us read the pulse of the market. When beta spikes beyond our set threshold, it tells us that the asset is diverging from the broader market with strength—that’s exactly the kind of action we want. On the other hand, flat, low-volatility conditions are where trades go to die. We don’t trade in sideways markets. We wait for volatility, because we trade the trend, not the noise.
b. Alternate Setting with Basic Indicators (Beginner-Friendly, Still Powerful)
While this isn’t my primary setup, it’s still extremely useful—especially for newer traders who haven’t yet developed statistical techniques or quantitative experience. Think of this as the go-to mode for beginners who are still getting familiar with trend detection tools.
In this setup, you’ll be working with Bollinger Bands, Ichimoku Clouds, and Moving Average strategies. These are foundational indicators that have stood the test of time. They’re visually intuitive and easy to interpret, making them perfect for anyone still building their trading instincts.
Bollinger Bands help you understand volatility and identify price extremes. When the price touches or moves outside the bands, it can signal potential reversals or the continuation of a breakout.
Ichimoku Clouds offer a full-picture trend framework—support, resistance, momentum, and even future projections—all in one. It's a bit complex at first glance, but once you get used to it, it’s a powerful all-in-one tool.
Moving Averages (like the 10, 50, 100, or 200 SMA/EMA) let you track trend direction and strength over various timeframes. While I personally don’t trade off MA crossovers, they’re still valuable for understanding the market’s broader structure.
This setup is less about statistical modeling and more about building good habits: watching trend alignment, understanding support/resistance zones, and staying on the right side of momentum. If you’re just starting out, it’s a solid, practical foundation that can take you far.
2. Trading strategy according to each set up
a. Default Mode
With my go-to setup, we focus heavily on price breakouts and the background color, which signals high volatility in the market. These are the moments when the market speaks loudest—either a trend is about to explode or reverse sharply. But there’s another key piece we watch closely: the distance between the current price and the 250-day moving average (SMA 250). This gap isn’t just a visual—it's a risk gauge.
The larger the gap between price and the 250-day moving average (SMA 250), the higher the risk—especially for newcomers. When price stretches too far above this long-term average, it often signals overextension. A sharp spike above the 250MA isn’t a green light to buy—it’s usually a warning. It can indicate that the market is overheating, often driven by FOMO and greed, not fundamentals. That’s the moment to consider taking profits, scaling out, or even fully cashing out, because these parabolic moves frequently mark a market top.
Recognizing these extremes helps you avoid chasing hype and getting trapped in the inevitable pullback. A perfect example is TSLA, which was recently trading nearly 94% above its 250-day moving average. That kind of distance is not a smart entry—it’s a caution flag. And this is exactly why I treat the 250MA as a benchmark, not a signal. It’s a context tool that helps you understand when the market is out of balance, not something to blindly trade off of.
Now let’s apply another part of the Default Mode: breakouts and volatility. When price breaks above the True Range Bands and then crosses above the SMA250, it’s a strong bullish signal. This combo often confirms a trend reversal from a bear market. That’s the perfect moment to BUY.
This strategy helps us capture both the right timing and price zone for entering a new bull market. Take the example we used earlier—the stock doubled after the initial buy, perfectly aligning with the breakout signals from this indicator.
Furthermore, avoiding flat markets is essential—especially in the CFD market, where no trend means no trade. This is where Beta Volatility becomes critical. It helps us identify whether we’re in a bull or bear phase, so we can position ourselves early and ride the wave ahead. Once the trend is confirmed, we use the other tools in this strategy—like True Range Bands and SMA benchmarks—to catch the right signals and execute high-probability trades.
Example: With AMZN, we saw the price break below the True Range Bands—an early bearish signal. This was followed by a sharp drop that pushed the price below the 250-day moving average (SMA250), all during a period of high volatility. Together, these signs confirm a strong bearish trend in AMZN, indicating that the stock has entered a bear market phase.
=> With this Default Mode strategy—built on True Range Bands, Beta Volatility, and the SMA250—we can easily identify the trend and time our entries and exits with precision.
✅ Buy/Entry Signals: Breakout above True Range Bands + Breakout above SMA250 + High Volatility (confirmed by Beta Volatility)
This combo signals strong momentum and a trend shift—ideal for entry.
❌ Sell/Exit Signals: Breakout below True Range Bands + Breakout below SMA250 + High Volatility (confirmed by Beta Volatility)
This combination signals strong downside momentum and potential trend reversal—ideal for exiting or shorting.
b. Basic Strategy for Newbies
Buy/Entry Signals
As I’ve mentioned before, we only trade when there’s a trend—no trend, no trade. In this basic strategy, a bullish signal begins when the Bollinger Bands turn green, indicating upward momentum. But we don’t rely on that alone. We wait for additional confirmation, such as a shorter moving average crossing above a longer moving average, which signals trend strength and continuation.
For example, I applied this setup with LMT (Lockheed Martin). After the Bollinger Bands turned green and the moving averages crossed bullishly, I entered the trade. The result? LMT rose by around 15%—a solid move confirmed by simple, beginner-friendly indicators.
Sell/Exit Signals
Conversely, for sell or exit signals, we look for the Bollinger Bands to turn red, indicating bearish momentum. We also wait for the shorter moving average to cross below the longer one, confirming a downtrend. Additionally, price should break below key support levels or moving averages to validate the breakout.
For extra confirmation, we can use Ichimoku Clouds. The larger the cloud, the stronger the trend. Its color also reflects trend strength, making it a useful tool to support the trading signals mentioned above. A large, bold green cloud indicates a strong bull market. The size and intensity of the color reflect strong momentum and trend confidence, signaling that buyers are firmly in control.
During a major trend, minor correction waves are normal. To determine whether it's just a small pullback or a true reversal, watch the size of the Ichimoku cloud and the direction and color of the Super HMA. If the HMA changes color and the correction cloud begins to grow significantly, that's a warning sign of a potential reversal. In this case, you should strongly consider exiting the trade, or at the very least, adjust your position and tighten your risk management to protect your account.
The Super HMA acts as a short-term trend signal, allowing you to trade in sync with the current market direction. It’s a flexible strategy that adapts as the trend evolves, but this flexibility also means that minor correction waves can affect your profits, since your positions adjust frequently.
When the HMA turns green and price aligns with its direction, it’s a strong sign to hold your position. However, if price breaks below the HMA, that’s your exit signal. At this point, you should turn to other indicators—like the Ichimoku Cloud—for confirmation before re-entering. For example, if the price falls into a large green cloud, it likely indicates a minor correction rather than a full reversal. In that case, it may be a solid opportunity to buy the dip, just as demonstrated in the example below.
iii. Optimal Use by Market Type
Here’s how we suggest using Pulse Crafter depending on what you trade:
Stocks: Best used on the Daily or Weekly chart for swing trades.
Cryptocurrency: Works well on BTC, ETH, or major altcoins using Daily and Weekly charts. Great for catching larger trend reversals.
CFDs and Forex: QFI is built for higher timeframes (H4, D1, W1), where it produces cleaner and more reliable signals.
Best Ways to Use It
🟢 Stocks
Works well on Weekly and Daily charts for swing entries
🟡 Crypto
Works best on Weekly and Daily charts
Good for trend-catching on BTC, ETH, or altcoins
🔴 CFDs
Designed with precision in mind — works on bigger timeframes, like H4, D1, and W1
The Pulse Crafter Indicator is a flexible and powerful tool for navigating full market trends. Its ability to highlight key phases and generate timely signals makes it easier to plan entries, ride trends with confidence, and exit at the right moments.
In addition to its core features, Pulse Crafter supports multiple indicators for confirmation, allowing traders to strengthen their strategies with additional layers of insight. Whether you're trading the spot market or CFDs, and especially when working with larger timeframes like daily (D) or weekly (W), this indicator helps you trade with clarity and confidence.
If you're serious about understanding market structure and improving your timing, Market Trend Detector_Pulse Crafter, the best Indicator to detect market trends, can become a central part of your strategy — no matter what market you're in.
Ray’s London Session – 15m High/Low + Shaded ZoneMarks the high and low of the first 15-minute candle to determine the opening range. You would look for an entry upon retesting.
Jinsu RSI 14### 🔍 **Jinsu RSI 14 – EMA 9 & WMA 45**
**Description:**
This custom indicator combines the classic RSI (Relative Strength Index) with two moving averages — EMA (Exponential Moving Average) and WMA (Weighted Moving Average) — applied directly to the RSI value to provide more nuanced momentum signals.
### 📊 **How It Works**
- **RSI 14** measures market momentum and identifies overbought (above 70) or oversold (below 30) conditions.
- **EMA 9 on RSI** responds quickly to short-term changes, signaling momentum shifts.
- **WMA 45 on RSI** captures long-term sentiment, while placing more emphasis on recent data.
### 🧠 **Signal Interpretation**
- **RSI crosses above EMA 9** → Possible bullish momentum shift.
- **RSI falls below EMA 9** → Possible bearish momentum shift.
- **EMA 9 crosses above WMA 45** → Strong bullish momentum.
- **EMA 9 falls below WMA 45** → Strong bearish momentum.
- **RSI is between EMA 9 & WMA 45** → Market may be consolidating or oscillating.
### 🎨 **Visual Enhancement**
- The neutral zone (RSI between 30–70) is lightly shaded purple to reduce visual noise.
- When **RSI > 70**, a green color appears and intensifies with higher RSI values, highlighting strong buying pressure.
- All values are displayed with two decimal precision for clarity.
This tool is ideal for trend-following traders and momentum-based strategies, helping you recognize early shifts in market sentiment with visual cues and cross confirmations.
[iQ]PROMEGAiQ v33PROMEGAiQ v33 ( PROMEGAv33)
A powerful composite indicator suite offering insights into momentum, volatility, and order flow within a dedicated pane, plus optional chart overlays.
Key Components: Presents a blended "Master Composite Signal" (Fractal + MDCO), statistical volatility bands, an Order Flow oscillator, and selectable MKR smoothing.
Purpose: Useful for assessing trend strength, spotting potential exhaustion zones using the bands, analyzing volume-driven pressure, and optionally viewing standard MAs/Bands on the main chart.
Good For: Traders seeking a multi-dimensional perspective from a single indicator pane, combining different analytical approaches for potentially higher confluence signals.
MARKETMAKERiQ
Daily + Weekly + H4 Bias📈 What does the “Daily + Weekly + H4 Bias” indicator do?
It shows the market direction (bias) across three timeframes:
• 🔹 H4 Bias: Based on the last 4-hour candle (bullish or bearish)
• 🔹 Daily Bias: Based on yesterday’s close relative to the previous day’s range
• 🔹 Weekly Bias: Based on last week’s close compared to the prior week’s high/low
⸻
🧠 Why it’s useful:
• Helps you understand short, mid, and long-term trends
• Lets you filter trades (e.g., only trade CHoCH in the direction of the bias)
• Useful for multi-timeframe alignment, like ICT teaches
Session Open Lines [iFarsheed]Overview:
The "Session Open Lines " indicator is mainly designed for Al Brooks Price Action traders using 5-minute charts, particularly during the NYSE session. It marks Tokyo, London, and NYSE session open/close times with dashed lines and optional labels to help you analyze session-based price movements.
Features:
Session Marking:
Draws dashed lines to indicate the open and close times of Tokyo, London, and NYSE sessions.
NYSE session can be split into two or three parts for detailed analysis (e.g., Morning/Afternoon or Open/Middle/Close).
Optional Labels:
Displays labels (e.g., "Tokyo Open", "NYSE Close") below the chart to clearly identify session boundaries.
Labels can be toggled on or off for a cleaner chart view.
Customizable Display:
Choose which sessions to display and customize line colors to match your chart setup
How to Use:
Customize Settings:
Enable or disable specific sessions (Tokyo, London, NYSE) based on your trading focus.
Adjust line colors to ensure visibility against your chart background.
Toggle session labels on or off depending on your chart type (e.g., disable for RTH charts)
Analyze Session Boundaries:
Use the dashed lines to identify session open/close times and analyze price action around these key moments.
For NYSE session, split into two or three parts to break down the session into manageable segments for deeper analysis.
Informed Decision Making:
Leverage session boundaries to spot potential price action setups, such as breakouts or reversals, especially during the NYSE session
Important Note:
Due to Pine Script limitations (max 500 lines), if all sessions are enabled, lines are drawn for the past 5 days. Selecting fewer sessions allows more days to be displayed.
Lines are drawn only up to the current time; future session lines (e.g., NYSE Close) won't appear until the session ends.
For RTH charts, use only the NYSE session. It’s recommended to disable labels in RTH mode, as NYSE Open and Close lines are close together and labels may overlap.
Future Updates:
This indicator is just the beginning! Exciting new features are on the way to make your price action analysis even more powerful—stay tuned for updates!
If you have any suggestions or feedback, please share them in the comments section.
Happy Price Action Trading!
-iFarsheed-
AIWAY - Consensus AI MTF Analysis
HOW-TO:
AIWAY – Consensus AI MTF Analysis
Overview
A versatile tool designed for all traders across Forex, Indices, Commodities, Stocks, and Cryptocurrencies. It employs a multi-timeframe analysis framework, integrating a suite of technical indicators with an AI-driven weighting system to deliver actionable market insights.
How It Works
Analyzes data across user-configurable timeframes, ranging from 5 minutes to 1 week (e.g., 5m, 10m, 15m, 30m, 60m, 120m, 240m, 480m, 1D, 1W). It calculates signals from a comprehensive set of technical indicators, including:
• Moving Averages (MA): Supports SMA, EMA, WMA, DEMA, and TEMA to identify trend direction.
• Stochastic RSI: Assesses momentum and overbought/oversold conditions.
• Relative Strength Index (RSI): Evaluates price strength for potential reversals.
• MACD: Tracks trend momentum via fast and slow EMA crossovers.
• Divergence Detection: Identifies price-RSI discrepancies for reversal signals.
• SMA Cross: Monitors 50-period and 200-period SMA crossovers for trend shifts.
• On-Balance Volume (OBV): Confirms trends through volume flow analysis.
• Ichimoku Cloud: Provides trend and support/resistance insights.
• Supertrend: Determines trend direction using ATR-based calculations.
These signals are aggregated into three scores:
• Short-Term Score: Derived from shorter timeframes (e.g., 5m to 240m), ideal for day trading.
• Medium-Term Score: Based on mid-range timeframes (e.g., 360m to 1D), suited for swing trading.
• Long-Term Score: Calculated from longer timeframes (e.g., 2D to 1W), tailored for position trading.
Consensus Score:
• -100 to -30: Strong bearish bias (consider shorts/exit longs).
• -30 to +30: Neutral/consolidation (reduce position size).
• +30 to +100: Strong bullish bias (consider longs/exit shorts).
The aggregation process leverages AI-optimized weights, which are dynamically adjusted to enhance signal reliability based on current market conditions.
AI Module: Functionality and Impact
The AI module is the cornerstone of adaptability, utilizing reinforcement learning to optimize indicator performance. Key features include:
• Dynamic Weight Adjustment: Each indicator (e.g., MA, RSI, MACD) is assigned a weight (0.1 to 5.0), which is updated based on its ability to predict the next closing price. This is achieved through a linear regression model using the past 200 closing prices.
• Volatility-Adaptive Learning Rate: The learning rate scales with market volatility, calculated as the daily Average True Range (ATR) divided by the daily close price. This ensures the indicator remains responsive in both trending and choppy markets.
• Mutation for Exploration: If a term score (short, medium, or long) fails to improve, weights are mutated by a factor influenced by the learning rate, introducing variability to discover better configurations.
• Predictive Feedback Loop: The module compares predicted closes to actual closes, rewarding or penalizing weights to prioritize indicators that perform well under current conditions.
This AI-driven approach enhances the indicator’s robustness, as it continuously adapts to market dynamics, potentially reducing false signals and improving decision-making compared to static indicator setups.
Reading and Interpreting the Data
Output table is structured as follows:
• Columns: Include the timeframe and signals for each indicator (e.g., MA Signal, Stochastic RSI, RSI Signal, MACD, Divergence, SMA Cross, OBV, Ichimoku, Supertrend).
• Rows: Represent each selected timeframe, displaying the corresponding indicator signals or values.
• AI Consensus Scores: Shown at the table’s top for short-term, medium-term, and long-term analyses, expressed as numerical values (e.g., 45.67).
• Scale Visualization: A separate table maps these scores onto a -100 to 100 scale, divided into 20 segments. A marker (◉) indicates the score’s position, with colors transitioning from bearish (red) to bullish (green).
Color Coding:
• Green: Bullish signals (e.g., price above MA, RSI > 50).
• Red: Bearish signals (e.g., price below MA, RSI < 50).
• Gray: Neutral signals (e.g., MACD histogram near zero).
• Special Cases: Overbought (red) for Stochastic RSI/RSI > 70; oversold (green) for values < 30.
Traders can interpret the data by focusing on the consensus scores and scale to assess overall market sentiment. For example, a medium-term score of +60 in the bullish region suggests strong upward momentum over days, while the table’s indicator signals provide detailed context for confirmation.
Benefits for Traders Across Assets
AIWAY provides significant advantages for traders across all markets:
• Multi-Timeframe Perspective: Enables traders to identify trend alignments (e.g., bullish signals across 4H and 1D) or divergences (e.g., short-term bullish, long-term bearish), catering to day, swing, and position trading strategies.
• Replaces 9+ standalone indicators with one AI-optimized workflow.
• Identifies divergences across timeframes most humans miss (e.g., hourly bullish + weekly bearish = caution).
• AI-Enhanced Accuracy: The adaptive weighting system prioritizes reliable indicators, potentially reducing noise and improving signal quality in volatile or trending markets.
• Universal Applicability: The use of standard technical indicators ensures compatibility with Forex, Indices, Commodities, Stocks, and Crypto, making it versatile for diverse portfolios.
• Visual Clarity: The color-coded table and scale allow traders to quickly assess market conditions, facilitating rapid decision-making under time constraints.
• Timeframe-Specific Insights: Short-term scores support intraday trading, medium-term scores aid swing trading, and long-term scores guide long-term investments.
Practical Applications
• Trend Confirmation: A bullish MA and Supertrend on the 4H timeframe, paired with a positive medium-term score, may confirm an uptrend for swing traders.
• Reversal Detection: Divergence signals alongside oversold Stochastic RSI on lower timeframes can highlight potential reversals for day traders.
• Cross-Asset Trading: Traders can apply indicator to Crypto for short-term volatility plays or to Stocks for long-term trend analysis, leveraging its universal design.
Usage on TradingView
To use AIWAY on TradingView:
1. Search for “AIWAY – Consensus AI MTF Analysis” in the indicator library and add it to your chart.
2. Set the chart to the 4-hour timeframe to view the table and consensus scores.
3. Use the table and scale to assess market sentiment, cross-referencing with price action for confirmation.
AIWAY – Consensus AI MTF Analysis is a powerful tool for traders seeking a comprehensive, AI-enhanced approach to market analysis. Its multi-timeframe framework, adaptive AI module, and clear visual output make it an invaluable asset for navigating Forex, Indices, Commodities, Stocks, and Crypto markets. By providing actionable insights across short, medium, and long terms, AIWAY empowers traders to make informed decisions with confidence.
Disclaimer
The AIWAY indicator is likely for educational purposes only and not investment advice. Trading with it seems to involve high risk, with potential for total loss. Past performance probably does not predict future results; use at your own risk.