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Indicators and strategies

True Breakout Pattern [TradingFinder] Breakout Signal Indicator🔵 Introduction In many market conditions, what initially appears to be a decisive breakout often turns out to be nothing more than a false breakout or fake breakout. Price breaks through a key swing level or an important support and resistance zone, only to quickly return to its previous range. These failed breakouts, which are often the result of liquidity traps or market manipulation, serve more as a warning sign of structural weakness than confirmation of a new trend. This indicator is designed around the concept of the fake breakout. The logic is simple but precise : when price breaks a swing level and returns to that level within a maximum of five candles, the move is considered a false breakout. At this point, a Fibonacci retracement is applied to the recent price swing to evaluate the pullback area. If price, within ten candles after the return to the breakout level, enters the Fibonacci zone between 0.618 and 1.0, the setup becomes valid for a potential entry. This area is identified as a long entry zone, with the stop loss placed just beyond the 1.0 level and the take profit defined based on the desired risk-to-reward ratio. By combining accurate detection of false breakouts, analysis of price reaction to swing levels, and alignment with Fibonacci retracement logic, this framework allows traders to identify opportunities often missed by others. In a market where failed breakouts are a common and recurring phenomenon, this indicator aims to transform these traps into measurable trading opportunities. Long Setup : Short Setup : 🔵 How to Use This indicator operates based on the recognition of false breakouts from structural levels in the market, specifically swing levels, and combines that with Fibonacci retracement analysis. In this strategy, trades are only considered when price returns to the broken level within a defined time window and reacts appropriately inside a predefined Fibonacci range. Depending on the direction of the initial breakout, the system outlines two scenarios for long and short setups. 🟣 Long Setup In the long setup, price initially breaks below a support level or swing low. If the price returns to the broken level within a maximum of five candles, the move is identified as a fake breakout. At this stage, a Fibonacci retracement is drawn from the recent high to the low. If price, within ten candles of returning to the level, moves into the 0.618 to 1.0 Fibonacci zone, the conditions for a long entry are met. The stop loss is placed slightly below the 1.0 level, while the take profit is set based on the trader’s preferred risk-reward ratio. This setup aims to capture deeply discounted entries at low risk, aligned with smart money reversals. 🟣 Short Setup In the short setup, the price breaks above a resistance level or swing high. If the price returns to that level within five candles, the move is again treated as a false breakout. Fibonacci is then drawn from the recent low to the high to observe the retracement area. Should price enter the 0.618 to 1.0 Fibonacci range within ten candles of returning, a short entry is considered valid. In this case, the stop loss is placed just above the 1.0 level, and the take profit is adjusted based on the intended risk-reward target. This method allows traders to identify high-probability short setups by focusing on failed breakouts and deep pullbacks. 🔵 Settings 🟣 Logical settings Swing period : You can set the swing detection period. Valid After Trigger Bars : Limits how many candles after a fake breakout the entry zone remains valid. Max Swing Back Method : It is in two modes "All" and "Custom". If it is in "All" mode, it will check all swings, and if it is in "Custom" mode, it will check the swings to the extent you determine. Max Swing Back : You can set the number of swings that will go back for checking. 🟣 Display settings Displaying or not displaying swings and setting the color of labels and lines. 🟣 Alert Settings Alert False Breakout : Enables alerts for Breakout. Message Frequency : Determines the frequency of alerts. Options include 'All' (every function call), 'Once Per Bar' (first call within the bar), and 'Once Per Bar Close' (final script execution of the real-time bar). Default is 'Once per Bar'. Show Alert Time by Time Zone : Configures the time zone for alert messages. Default is 'UTC'. 🔵 Conclusion A sound understanding of the false breakout phenomenon and its relationship to structural price behavior is essential for technical traders aiming to improve precision and consistency. Many poor trading decisions stem from misinterpreting failed breakouts and entering too early into weak signals. A structured approach, grounded in the analysis of swing levels and validated through specific price action and timing rules, can turn these misleading moves into valuable trade opportunities. This indicator, by combining fake breakout detection with time filters and Fibonacci-based retracement zones, helps traders only engage with the market when multiple confirming factors are in alignment. The result is a strategy that emphasizes probability, risk control, and clarity in decision-making, offering a solid edge in navigating today’s volatile markets.
Pine Script® indicator
by TFlab
28
Volatility Zones (STDEV %)This indicator calculates and visualizes the relative price volatility of any asset, expressed as a percentage of standard deviation over a rolling window. 🧠 How it works: - Calculates rolling standard deviation of price (close) as a percentage of the current price. - Classifies market into three volatility regimes : • Low Volatility (≤2%) → Blue zone • Medium Volatility (2–4%) → Orange zone • High Volatility (>4%) → Red zone 📊 Why it matters: Volatility structure reflects the underlying regime of the market — ranging, expanding, or trending. This tool helps traders: - Spot optimal low-risk entry conditions - Avoid chop zones or highly erratic moves - Time breakouts or trend initiations 🛠 Usage: - Works on any timeframe and instrument - Adjustable lookback period - Best used alongside trend filters or entry signals (e.g., SuperTrend, EMAs, etc.)
Pine Script® indicator
by nefyodov.artyom
Momentum_EMABandThe Momentum EMA Band V1 is a precision tool designed for intraday traders & scalpers. This is the first version of the script, combining three powerful technical elements to help traders identify directional moves while filtering out weak, choppy market phases. 🔧 How the Indicator Works — Combined Logic This indicator merges well-known but distinct concepts into a unified visual framework: 1️⃣ EMA Price Band — Dynamic Zone Visualization Plots upper and lower EMA bands based on user input (default: 9-period EMA). Price relative to the bands provides immediate visual cues: Green Band: Price above the upper EMA — bullish strength. Red Band: Price below the lower EMA — bearish pressure. Yellow Band: Price within the band — neutral zone. 2️⃣ Supertrend Overlay — Reliable Trend Confirmation ATR-based Supertrend logic (customizable ATR length & factor). Green Supertrend Line: Uptrend confirmation. Red Supertrend Line: Downtrend confirmation. Helps traders ride trends with dynamic levels that adjust to volatility. 3️⃣ ADX-Based No Trade Zone — Choppy Market Filter Manual ADX calculation measures trend strength (default ADX length: 14). When ADX is below a user-defined threshold (default: 20) and price is within the EMA Band buffer, a gray background highlights sideways or indecisive market conditions — suggesting no new trade or low momentum zone Optional gray triangle marker shows the start of each No-Trade Zone phase. 🎯 Key Features ✅ Combines EMA Bands, Supertrend & ADX filtering for comprehensive market context. ✅ Visual No-Trade Zone shading keeps traders out of low-probability setups. ✅ Supertrend Line tracks evolving trend bias. ✅ Fully customizable — adjust EMA, ATR, ADX settings to match different instruments or styles. ✅ Clean, focused chart presentation for easy interpretation. 💡 Practical Application Momentum Breakouts: Enter trades when price breaks beyond the EMA Band, with Supertrend confirmation. Avoid Sideways Traps: Refrain from trading during gray-shaded No-Trade Zones, minimizing exposure to whipsaws. Scalping & Intraday Edge: Particularly effective on lower timeframes where choppy periods are common. ⚠️ Important Disclaimer This is Version 1 — future versions may expand on features based on trader feedback. This script is for educational purposes only. Always combine with risk management and thorough strategy validation. No indicator guarantees profitability — use this tool as part of a broader trading system.
Pine Script® indicator
by laraibislam
Sniper TP & SLStrong indicators combine that show Tp ans SL An indicator that build from greece with many tries and attempts and this is the final results The indicator plan was to adapt it in an AI (ML) brain who can make autotrades and also sending signals This is the indicator our AI model is based on the only difrence is our AI adjust TP and SL with market needs DONT TRUST this indicator 100% we havent add Support and Resistance yet so use them in combine to see good entries and kill the market
Pine Script® indicator
by aggeloszela
Support Resistance with Order BlocksIndicator Description Professional Price Level Detection for Smart Trading. Master the Markets with Precision Support/Resistance and Order Block Analysis . It provides traders with clear visual cues for potential reversal and breakout areas, combining both retail and institutional trading concepts into one powerful tool. The Support & Resistance with Order Blocks indicator is a versatile Pine Script tool designed to empower traders with clear, actionable insights into key market levels. By combining advanced pivot-based support and resistance (S/R) detection with order block (OB) filtering, this indicator delivers clean, high-probability zones for entries, exits, and reversals. With customizable display options (boxes or lines) and intuitive settings, it’s perfect for traders of all styles—whether you’re scalping, swing trading, or investing long-term. Overlay it on your TradingView chart and elevate your trading strategy today! ________________________________________ Key Features ✅ Dynamic Support/Resistance - Auto-adjusting levels based on price action ✅ Smart Order Block Detection - Identifies institutional buying/selling zones ✅ Dual Display Modes - Choose between Boxes or Clean Lines for different chart styles ✅ Customizable Sensitivity - Adjust detection parameters for different markets ✅ Broken Level Markers - Clearly shows when key levels are breached ✅ Timeframe-Adaptive - Automatically adjusts for daily/weekly charts 1. Dynamic Support & Resistance Detection Identifies critical S/R zones using pivot high/low calculations with adjustable look back periods. Visualizes active S/R zones with distinct colors and labels ("Support" or "Resistance" for boxes, lines for cleaner charts). Marks broken S/R levels as "Br S" (broken support) or "Br R" (broken resistance) when historical display is enabled, aiding in breakout and reversal analysis. 2. Smart Order Block Identification Detects bullish and bearish order blocks based on significant price movements (default: ±0.3% over 5 candles). Highlights institutional buying/selling zones with customizable colors, displayed as boxes or lines. Filters out overlapping OB zones to keep your chart clutter-free. 3. Dual Display Options Boxes or Lines: Choose to display S/R and OB as boxes for detailed zones or lines for a minimalist view. Line Width Customization: Adjust line widths for S/R and OB (1–5 pixels) for optimal visibility. Color Customization: Tailor colors for active/broken S/R and bullish/bearish OB zones. 4. Advanced Overlap Filtering Ensures S/R zones don’t overlap with OB zones or other S/R levels, providing only the most relevant levels. Limits the number of active zones (default: 10) to maintain chart clarity. 5. Historical S/R Visualization Optionally display broken S/R levels with distinct colors and labels ("Br S" or "Br R") to track historical price reactions. Broken levels are dynamically updated and removed (or retained) based on user settings. 6. Timeframe Adaptability Automatically adjusts pivot detection for daily/weekly timeframes (40-candle look back) versus shorter timeframes (20-candle look back). Works seamlessly across all asset classes (stocks, forex, crypto, etc.) and timeframes. ________________________________________ How It Works • Support & Resistance: Uses ta.pivothigh and ta.pivotlow to detect significant price pivots, with a user-defined look back (default: 5 candles post-pivot). Plots S/R as boxes (with labels "Support" or "Resistance") or lines, extending to the current bar for real-time relevance. Broken S/R levels are marked with adjusted colors and labels ("S" or "R" for boxes, "Br S" or "Br R" for lines when historical display is enabled). • Order Blocks: Identifies OB based on strong price movements over 4 candles, plotted as boxes or lines at the candle’s midpoint. Validates OB to prevent overlap, ensuring only significant zones are displayed. Removes OB zones when price breaks through, keeping the chart focused on active levels. • Customization: Toggle S/R and OB visibility, adjust detection sensitivity, and set maximum active zones (4–50). Fine-tune line widths and colors for a personalized chart experience. ________________________________________ Why Use This Indicator? • Precision Trading: Pinpoint high-probability entry/exit zones with filtered S/R and OB levels. • Clean Charts: Overlap filtering and zone limits reduce clutter, focusing on key levels. • Versatile Display: Switch between boxes for detailed zones or lines for simplicity, with adjustable line widths. • Institutional Edge: Leverage OB detection to align with institutional activity for smarter trades. • User-Friendly: Intuitive settings and clear visuals make it accessible for beginners and pros alike. ________________________________________ Settings Overview________________________________________ ⚙ Input Parameters Settings Overview Display Options: Display Type: Choose "Boxes" or "Lines" for S/R and OB visualization. S/R Line Width: Set line thickness for S/R lines (1–5 pixels, default: 2). OB Line Width: Set line thickness for OB lines (1–5 pixels, default: 2). Order Block Options: Show Order Block: Enable/disable OB display. Bull/Bear OB Colors: Customise border and fill colors for bullish and bearish OB zones. Support/Resistance Options: Show S/R: Toggle active S/R zones. Show Historical S/R: Display broken S/R levels, marked as "Br S" or "Br R" for lines. Detection Period: Set candle lookback for pivot detection (4–50, default: 5). Max Active Zones: Limit active S/R and OB zones (4–50, default: 10). Colors: Customise active and broken S/R colors for clear differentiation. ________________________________________ How to Use 1. Add to Chart: Apply the indicator to your TradingView chart. 2. Customize Settings: o Select "Boxes" or "Lines" for your preferred display style. o Adjust line widths, colors, and detection parameters to suit your trading style. o Enable "Show Historical S/R" to track broken levels with "Br S" and "Br R" labels. 3. Analyze Levels: o Use support zones (green) for buy entries and resistance zones (red) for sell entries. o Monitor OB zones for institutional activity, signaling potential reversals or continuations. o Watch for "Br S" or "Br R" labels to identify breakout opportunities. 4. Combine with Other Tools: Pair with trend indicators, volume analysis, or price action for a robust strategy. 5. Monitor Breakouts: Trade breakouts when price breaches S/R or OB zones, with historical labels providing context. ________________________________________ Example Use Cases • Swing Trading: Use S/R and OB zones to identify entry/exit points, with historical broken levels for context. • Breakout Trading: Trade price breaks through S/R or OB, using "Br S" and "Br R" labels to confirm reversals. • Scalping: Adjust detection period for faster S/R and OB identification on lower timeframes. ________________________________________ • Performance: Optimized for all timeframes, with best results on 5M, 15M, 30M, 1H, 4H, or daily charts for swing trading. • Compatibility: Works with any asset class and TradingView chart. ________________________________________ Get Started Transform your trading with Support & Resistance with Order Blocks! Add it to your chart, customize it to your style, and trade with confidence. For questions or feedback, drop a comment on TradingView or message the author. Happy trading! 🚀 ________________________________________ Disclaimer: This indicator is for educational and informational purposes only. Always conduct your own analysis and practice proper risk management before trading.
Pine Script® indicator
by Trend_MyFrend
4
IU Engulfing Candlestick PatternDISCRIPTION 📈 The IU Engulfing Candlestick Pattern indicator spotlights both bullish and bearish engulfing formations in real‑time. It shades each pattern with a transparent box and drops a concise label so you can catch potential reversals at a glance—no clutter, no noise, just the candles that matter. USER INPUTS : 1. Pattern Recognition Based on = “Both” | “Wicks” | “Body” ( Default Both )  • Both → only highlights candles that satisfy **both** wick‑and‑body engulfing rules  • Wicks → checks full candle range (high‑to‑low)  • Body → checks only the real bodies (open‑to‑close) 2. Show Labels ( Default true ) If ticked then it will show the text as "Bullish Engulfing" or "Bearish Engulfing". 3. Show The Box ( Default true) if ticked then it will show the green or red boxes. INDICATOR LOGIC: 🔹 Bullish Engulfing (green box)  – Current bar closes higher than it opens and fully “wraps” the prior bar per your chosen rule. 🔹 Bearish Engulfing (red box)  – Current bar closes lower than it opens and fully “wraps” the prior bar per your chosen rule. 🔸 When a pattern confirms:  1. The script records the local high/low range.  2. Draws a semi‑transparent box spanning the engulfing pair.  3. Prints a compact up/down label exactly at the reaction point.  4. Fires a once‑per‑bar alert (“Bullish Engulfing” / “Bearish Engulfing”) you can route to webhooks or notifications. WHY IT IS UNIQUE: ✨ Combines classic body‑only engulfing with an optional wick filter, letting traders demand stricter confirmation when markets are noisy. ✨ Box overlays visually segment the engulfed range—clearer than single‑bar markers. ✨ Lightweight: one input, zero repaint, and capped at 500 boxes to keep charts responsive. ✨ Ready‑to‑use alerts—no extra code needed for automation. HOW USER CAN BENIFIT FROM IT : - Spot early reversal zones or continuation thrusts without scanning candle by candle. - Pair the alerts with trading bots, TradingView strategy testers, or mobile push notifications. - Adapt the strictness (Body vs. Wicks vs. Both) to suit different assets, timeframes, or volatility regimes. - Use the colored range boxes as dynamic support/resistance references for entries, targets, and stop‑loss placement. 📌 Tip: Test on multiple instruments and timeframes to find the sweet spot that matches your risk profile. This script is for educational purposes—always combine with sound risk management and confirm signals with broader market context. Disclaimer : This Video is not financial advice, it's for educational purposes only highlighting the power of coding( pine script) in TradingView, I am not a SEBI-registered advisor. Trading and investing involve risk, and you should consult with a qualified financial advisor before making any trading decisions. I do not guarantee profits or take responsibility for any losses you may incur.
Pine Script® indicator
by Shivam_Mandrai
Non-Lagging Longevity Zones [BigBeluga]🔵 OVERVIEW A clean, non-lagging system for identifying price zones that persist over time—ranking them visually based on how long they survive without being invalidated. Non-Lagging Longevity Zones uses non-lagging pivots to automatically build upper and lower zones that reflect key resistance and support. These zones are kept alive as long as price respects them and are instantly removed when invalidated. The indicator assigns a unique lifespan label to each zone in Days (D), Months (M), or Years (Y), providing instant context for historical relevance. 🔵 CONCEPTS Non-Lag Pivot Detection: Detects upper and lower pivots using non-lagging swing identification (highest/lowest over length period). h = ta.highest(len) l = ta.lowest(len) high_pivot = high == h and high < h low_pivot = low == l and low > l Longevity Ranking: Zones are preserved as long as price doesn't breach them. Levels that remain intact grow in visual intensity. Time-Based Weighting: Each zone is labeled with its lifespan in days , emphasizing how long it has survived. duration = last_bar_index - start days_ = int(duration*(timeframe.in_seconds("")/60/60/24)) days = days_ >= 365 ? int(days_ / 365) : days_ >= 30 ? int(days_ / 30) : days_ marker = days_ >= 365 ? " Y" : days_ >= 30 ? " M" : " D" Dynamic Coloring: Older zones are drawn with stronger fill, while newer ones appear fainter—making it easy to assess significance. Self-Cleaning Logic: If price invalidates a zone, it’s instantly removed, keeping the chart clean and focused. 🔵 FEATURES Upper and Lower Zones: Auto-detects valid high/low pivots and plots horizontal zones with ATR-based thickness. Real-Time Validation: Zones are extended only if price stays outside them—giving precise control zones. Gradient Fill Intensity: The longer a level survives, the more opaque the fill becomes. Duration-Based Labeling: Time alive is shown at the root of each zone:   • D – short-term zones   • M – medium-term structure   • Y – long-term legacy levels Smart Zone Clearing: Zones are deleted automatically once invalidated by price, keeping the display accurate. Efficient Memory Handling: Keeps only the 10 most recent valid levels per side for optimal performance. 🔵 HOW TO USE Track durable S/R zones that survived price tests without being breached. Use longer-lived zones as high-confidence confluence areas for entries or targets. Observe fill intensity to judge structural importance at a glance . Layer with volume or momentum tools to confirm bounce or breakout probability. Ideal for swing traders, structure-based traders, or macro analysis. 🔵 CONCLUSION Non-Lagging Longevity Zones lets the market speak for itself—by spotlighting levels with proven survival over time. Whether you're trading trend continuation, mean reversion, or structure-based reversals, this tool equips you with an immediate read on what price zones truly matter—and how long they've stood the test of time.
Pine Script® indicator
by BigBeluga
4
High/Low de la Bougie Daily d'Hier🧩 General Description This indicator plots two horizontal lines on your chart every day: One line at the High of yesterday’s daily candle One line at the Low of yesterday’s daily candle It is designed to help you quickly identify key market levels based on the previous day’s range — often used as: Support/resistance zones Breakout or rejection areas Reference points for intraday strategies (e.g. New York session trading) ⚙️ How It Works The indicator uses request.security to fetch data from the daily timeframe, regardless of the chart timeframe you're trading on (e.g. M15, H1). It captures the high and low from yesterday’s daily candle. These levels are displayed on your current chart using horizontal lines extended to the right, which automatically update every day. 🎨 Visual Style High of yesterday: green, dashed line Low of yesterday: red, dashed line Lines are refreshed on every new bar to stay clean and updated
Pine Script® indicator
by uthompro
Convergence [by Oberlunar] The Convergence Indicator by Oberlunar is a multi-timeframe analysis tool that identifies and visualizes trend convergence across up to 10 configurable timeframes using advanced customizable moving averages, including Hull, OberX (a Hull mod), THMA, EMA, and SMA, with an optional pseudo-Hilbert Transform. It provides a clear visual overlay through gradual fill areas that highlight bullish and bearish trends while offering a fully configurable dynamic table to monitor live trend states across all selected timeframes with user-defined colors and positioning. This tool is designed for traders who seek to pinpoint multi-timeframe convergence points to enhance their decision-making process in trend-following and breakout strategies. Oberlunar 👁️⭐
Pine Script® indicator
by oberlunar_tr
Adaptive Causal Wavelet Trend FilterThe Adaptive Causal Wavelet Trend Filter is a technical indicator implementing causal approximations of wavelet transform properties for better trend detection with adaptive volatility response. The Adaptive Causal Wavelet Trend Filter (ACWTF) applies mathematical principles derived from wavelet analysis to financial time series, providing robust trend identification with minimal lag. Unlike conventional moving averages, it preserves significant price movements while filtering market noise through signal processing that i describe below. I was inspired to build this indicator after reading " Wavelet-Based Trend Identification in Financial Time Series " by In, F., & Kim, S. 2013 and reading about Mexican Hat wavelet filters. The ACWTF maintains optimal performance across varying market regimes without requiring parameter adjustments by adapting filter characteristics to current volatility conditions. Mathematical Foundation Inspired by the Mexican Hat wavelet (Ricker wavelet), this indicator implements causal approximations of wavelet filters optimized for real-time financial analysis. The multi-resolution approach identifies features at different scales and the adaptive component dynamically adjusts filtering characteristics based on local volatility measurements. Key mathematical properties include: Non-linear frequency response adaptation Edge-preserving signal extraction Scale-space analysis through dual filter implementation Volatility-dependent coefficient adjustment, which I love Filter Methods Adaptive: Implements a volatility-weighted combination of multiple filter types to optimize the time-frequency resolution trade-off Hull: Provides a causal approximation of wavelet edge detection properties with forward-projection characteristics VWMA: Incorporates volume information into the filtering process for enhanced signal detection EMA Cascade: Creates a multi-pole filter structure that approximates certain wavelet scaling properties Suggestion: try all as they will provide slightly different signals. Try also different time-frames. Practical Applications Trend Direction Identification: Clear visual trend direction with reduced noise and lag Regime Change Detection: Early identification of significant trend reversals Market Condition Analysis: Integrated volatility metrics provide context for current market behavior Multi-timeframe Confirmation: Alignment between primary and secondary filters offers additional confirmation Entry/Exit Timing: Filter crossovers and trend changes provide potential trading signals The comprehensive information panel provides: Current filter method and trend state Trend alignment between timeframes Real-time volatility assessment Price position relative to filter Overall trading bias based on multiple factors Implementation Notes Log returns option provides improved statistical properties for financial time series Primary and secondary filter lengths can be adjusted to optimize for specific instruments and timeframes The indicator performs particularly well during trend transitions and regime changes The indicator reduces the need for using additional indicators to check trend reversion
Pine Script® indicator
by HenriqueCentieiro
ATR Trend Color📌 ATR Trend Color — Visually clean trend-following tool based on adaptive ATR trailing stop ► Description ATR Trend Color is a simple yet powerful indicator designed to visually identify and follow the market trend using an adaptive ATR-based trailing stop. Its main advantage lies in clarity — it uses just a single line that dynamically changes color based on trend direction: ✅ Blue line indicates price is above the trailing stop (bullish trend). 🔻 Black line indicates price is below the trailing stop (bearish trend). This clean display allows for instant trend recognition and potential exit or reversal zones. ► How it works The indicator uses the Average True Range (ATR) to calculate a dynamic trailing stop level. ATR measures volatility and adjusts the trailing line to match current market conditions: When the price rises, the line moves up and acts as dynamic support. When the price drops, the line moves down and acts as resistance. This behavior makes it ideal for trend following and volatility-adjusted stop-loss placement. ► Key Features: ✅ Clean chart with just one ATR trailing line ✅ Dynamic color changes in real-time ✅ Great for trend confirmation and management ✅ Customizable ATR period and multiplier ✅ Step line with diamonds for high visual clarity ► How to use Add the indicator to your chart. Adjust ATR period and multiplier to your strategy (default: ATR 7 / multiplier 3.1). Follow the line color: Blue: Bullish trend — may signal to stay in long positions. Black: Bearish trend — may suggest exit or short entries. ► Originality Unlike typical ATR trailing stop indicators that display two lines or static colors, ATR Trend Color simplifies visualization by using a single smart line with real-time visual feedback on trend direction. Additionally, it uses the “Step line with diamonds” display mode to enhance readability in fast or noisy markets.
Pine Script® indicator
by Aleksin_Aleksandar
Fair Value Gap [Custom]📌 FVG Indicator – Smart Money Concepts Tool This script is based on Smart Money Concepts (SMC) and automatically detects and marks Fair Value Gaps (FVG) on the chart, helping traders identify unbalanced price areas left behind by institutional moves. 🧠 What is an FVG? An FVG (Fair Value Gap) is the price gap formed when the market moves rapidly, leaving behind a candle range where no trading occurred — typically between Candle 1’s high and Candle 3’s low (in a three-candle pattern). These gaps often signal imbalance, created during structural breaks or liquidity grabs, and may act as retrace zones or entry points. 🛠 Features: ✅ Automatically detects and highlights FVG zones (high-low range) ✅ Differentiates between open (unfilled) and closed (filled) FVGs ✅ Adjustable timeframe settings (works best on 1H–4H charts) ✅ Option to toggle display of filled FVGs ✅ Great for identifying pullback entries, continuation zones, or reversal setups 💡 Recommended Use: After BOS/CHoCH, watch for price to return to the FVG for entry Combine with Order Blocks and liquidity zones for higher accuracy Best used as part of an ICT or SMC-based trading system
Pine Script® indicator
by ace12313112
Crypto Narratives: Relative Strength V2Simple Indicator that displays the relative strength of 8 Key narratives against BTC as "Spaghetti" chart. The chart plots an aggregated RSI value for the 5 highest Market Cap cryopto's within each relevant narrative. The chart plots a 14 period SMA RSI for each narrative. Functionality: The indicator calculates the average RSI values for the current leading tokens associated with ten different crypto narratives: - AI (Artificial Intelligence) - DeFi (Decentralized Finance) - Memes - Gaming - Level 1 (Layer 1 Protocols) - AI Agents - Storage/DePin - RWA (Real-World Assets) - BTC Usage Notes: The 5 crypto coins should be regularly checked and updated (in the script) by overtyping the current values from Rows 24 - 92 to ensure that you are using the up to date list of highest marketcap coins (or coins of your choosing). The 14 period SMA can be changed in the indicator settings. The indicator resets every 24 hours and is set to UTC+10. This can be changed by editing the script line 19 and changing the value of "resetHour = 1" to whatever value works for your timezone. There is also a Rate of Change table that details the % rate of change of each narrative against BTC Horizontal lines have been included to provide an indication of overbought and oversold levels. The upper and lower horizontal line (overbought and oversold) can be adjusted through the settings. The line width, and label offset can be customised through the input options. Alerts can be set to triggered when a narrative's RSI crosses above the overbought level or below the oversold level. The alerts include the narrative name, RSI value, and the RSI level.
Pine Script® indicator
by Doobelaki