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Swingtrading

Sylvain Zig-Zag [Mark804]> Overview: The Sylvain Zig-Zag is a premium trend-tracking and structural turning-point indicator designed to identify precise market reversals, swing points, and support/resistance zones using a dynamic ATR-based Zig-Zag logic. > Key Features: Dynamic Zig-Zag Algorithm powered by ATR, percentage moves, absolute and tick-based reversal logic. Support & Resistance Zones auto-drawn from key swing points for real-time structural mapping. New Trend & Continuation Icons highlight trend shifts and extended moves with visual clarity. Customizable Colors & Line Widths to match your chart’s style or branding. Live Bar Coloring based on bullish or bearish trend structure. Highly Configurable: Adjust ATR period, reversal %, tick distance, absolute threshold, and more. > Ideal For: Swing Traders looking for clean structural highs/lows Smart Money Concept (SMC) practitioners Price Action traders Support/Resistance zone mappers Those who value premium visuals and minimal clutter > How It Works: This Zig-Zag engine calculates new swing highs or lows using a hybrid logic combining: ATR-based price movement filter Reversal percentage confirmation Optional absolute price or tick-based padding It plots each pivot, draws connecting lines, and generates real-time support/resistance levels based on recent pivots. > Visual Enhancements: Multi-layer polylines for deep contrast and style Optional trend labels (e.g., "Up Trend", "Down Trend") Transparent multi-line S/R stacking Real-time continuation icons for ongoing strength > Note: This indicator is Pine Script v5 compatible and follows TradingView's latest visual architecture. Publishing-ready. Fully customizable
Pine Script® indicator
by Mark804
4
Contrarian Market Structure BreakMarket Structure Break application was inspired and adapted from Market Structure Oscillator indicator developed by Lux Algo. So much credit to their work. This indicator pairs nicely with the Contrarian 100 MA and can be located here: Indicator Description: Contrarian Market Structure BreakOverview The "Contrarian Market Structure Break" indicator is a versatile tool tailored for traders seeking to identify potential reversal opportunities by analyzing market structure across multiple timeframes. Built on Institutional Concepts of Structure (ICT), this indicator detects Break of Structure (BOS) and Change of Character (CHoCH) patterns across short-term, intermediate-term, and long-term swings, plotting them with customizable lines and labels. It generates contrarian buy and sell signals when price breaks key swing levels, with a unique "Blue Dot Tracker" to monitor consecutive buy signals for trend confirmation. Optimized for the daily timeframe, this indicator is adaptable to other timeframes with proper testing, making it ideal for traders of forex, stocks, or cryptocurrencies. How It Works The indicator combines three key components to provide a comprehensive view of market dynamics: Multi-Timeframe Market Structure Analysis: It identifies swing highs and lows across short-term, intermediate-term, and long-term periods, plotting BOS (continuation) and CHoCH (reversal) events with customizable line styles and labels. Contrarian Signal Generation: Buy and sell signals are triggered when the price crosses below swing lows (buy) or above swing highs (sell), indicating potential reversals in overextended markets. Blue Dot Tracker: A unique feature that counts consecutive buy signals ("blue dots") and highlights a "Hold Investment" state with a yellow background when three or more buy signals occur, suggesting a potential trend continuation. Signals are visualized as small circles below (buy) or above (sell) price bars, and a table in the bottom-right corner displays the blue dot count and recommended action (Hold or Flip Investment), enhancing decision-making clarity. Mathematical Concepts Swing Detection: The indicator identifies swing highs and lows by comparing price patterns over three bars, ensuring robust detection of pivot points. A swing high occurs when the middle bar’s high is higher than the surrounding bars, and a swing low occurs when the middle bar’s low is lower. Market Structure Logic: BOS is detected when the price breaks a prior swing high (bullish) or low (bearish) in the direction of the current trend, while CHoCH signals a potential reversal when the price breaks a swing level against the trend. These are calculated across three timeframes for a multi-dimensional perspective. Blue Dot Tracker: This feature counts consecutive buy signals and tracks the entry price. If three or more buy signals occur without a sell signal, the indicator enters a "Hold Investment" state, marked by a yellow background, until the price exceeds the entry price or a sell signal occurs. Entry and Exit Rules Buy Signal (Blue Dot Below Bar): Triggered when the closing price crosses below a swing low on either the intermediate-term or long-term timeframe, suggesting an oversold condition and potential reversal upward. Short-term signals can be enabled but are disabled by default to reduce noise. Sell Signal (White Dot Above Bar): Triggered when the closing price crosses above a swing high on either the intermediate-term or long-term timeframe, indicating an overbought condition and potential reversal downward. Blue Dot Tracker Logic: After a buy signal, the indicator increments a blue dot counter and records the entry price. If three or more consecutive buy signals occur (blueDotCount ≥ 3), the indicator enters a "Hold Investment" state, highlighted with a yellow background, suggesting a potential trend continuation. The "Hold Investment" state ends when the price exceeds the entry price or a sell signal occurs, resetting the counter. Exit Rules: Traders can exit buy positions when a sell signal appears, the price exceeds the entry price during a "Hold Investment" state, or based on additional confirmation from BOS/CHoCH patterns or other technical analysis tools. Always use proper risk management. Recommended Usage The indicator is optimized for the daily timeframe, where it effectively captures significant reversal and continuation patterns in trending or ranging markets. It can be adapted to other timeframes (e.g., 1H, 4H, 15M) with careful testing of settings, particularly enabling/disabling short-term structure analysis to suit market conditions. Backtesting is recommended to optimize performance for your chosen asset and timeframe. Customization Options Market Structure Display: Toggle short-term, intermediate-term, and long-term structures on or off, with customizable line styles (solid, dashed, dotted) and colors for bullish and bearish breaks. Labels: Enable or disable BOS/CHoCH labels for each timeframe to reduce chart clutter. Signal Visibility: Hide buy/sell signals if desired for a cleaner chart. Blue Dot Tracker: Monitor the blue dot count and action (Hold or Flip Investment) via the table display, which is fully customizable in terms of position and appearance. Why Use This Indicator? The "Contrarian Market Structure Break" indicator offers a robust framework for identifying high-probability reversal and continuation setups using ICT principles. Its multi-timeframe analysis, clear signal visualization, and innovative Blue Dot Tracker provide traders with actionable insights into market dynamics. Whether you're a swing trader or a day trader, this indicator’s flexibility and intuitive design make it a valuable addition to your trading arsenal. Note for TradingView Moderators This script complies with TradingView's House Rules by providing an educational and transparent description without performance claims or guarantees. It is designed to assist traders in technical analysis and should be used alongside proper risk management and personal research. The code is original, well-documented, and includes customizable inputs and clear visual outputs to enhance the user experience. Tips for Users: Backtest thoroughly on your chosen asset and timeframe to validate signal reliability. Combine with other indicators or price action analysis for confirmation of entries and exits. Adjust timeframe settings and enable/disable short-term structures to match market volatility and your trading style. Hope the "Contrarian Market Structure Break" indicator enhances your trading strategy and helps you navigate the markets with confidence! Happy trading!
Pine Script® indicator
by chuckaschultz
Break & Retest Strategy V2 (Clean Visuals)This strategy is built on a high-probability EMA breakout and retest model, designed for traders who want clean structure-based entries filtered by trend alignment and strong price action. It leverages: • ✅ A 44 EMA trend filter on the 4H chart • ✅ HTF directional bias from the Daily 44 EMA • ✅ Breakout above the EMA followed by a wick-based retest • ✅ Strong bullish candle confirmation (body > 50% of range) • ✅ Dynamic stop loss using either the pivot low or a buffer below the EMA • ✅ Fixed 1:3 Risk:Reward ratio for consistent reward targeting • ✅ Cooldown system to prevent overtrading • ✅ Clean, minimal visuals using smart RR boxes instead of chart clutter This system is fully backtestable and designed with prop firm challenge criteria in mind — prioritizing risk control, clarity, and high-quality trade conditions. ⸻ 🔧 Current Development Goals (V3 Roadmap) We’re actively refining the system to improve win rate and profit factor, while keeping drawdown low. Key upgrades in progress: 1. 📈 Liquidity Trap Filter • Add logic to confirm a wick below recent lows (liquidity sweep) before retesting the EMA 2. 🧠 Partial Take Profits + Breakeven Logic • TP1 at 1.5R → move SL to breakeven • TP2 at 3R → close remaining position 3. 🔁 Trade Session Filter • Limit entries to London & New York AM sessions to avoid false signals in low volume periods 4. 📉 Short Entry Engine • Mirror logic for bearish break + retest setups below the EMA 5. 🔔 Live Alerts System • Entry signal alerts for hands-free, real-time trading decisions 6. 📊 Optimizer Toolkit (future) • Add ATR/volatility filters • Add market structure confluence zones (HH/HL filters) • Smart cooldown timer based on wins/losses or volatility shifts
Pine Script® strategy
by InfinityFXSociety
3
Fibonacci Retracement Engine (DFRE) [PhenLabs]📊 Fibonacci Retracement Engine (DFRE) Version: PineScript™ v6 📌 Description Dynamic Fibonacci Retracement Engine (DFRE) is a sophisticated technical analysis tool that automatically detects important swing points and draws precise Fibonacci retracement levels on various timeframes. The intelligent indicator eliminates the subjectivity of manual Fibonacci drawing using intelligent swing detection algorithms combined with multi timeframe confluence analysis. Built for professional traders who demand accuracy and consistency, DFRE provides real time Fibonacci levels that adapt to modifications in market structure without sacrificing accuracy in changing market conditions. The indicator excels at identifying key support and resistance levels where price action is more likely to react, giving traders a potent edge in entry and exit timing. 🚀 Points of Innovation Intelligent Swing Detection Algorithm : Advanced pivot detection with customizable confirmation bars and minimum swing percentage thresholds Multi-Timeframe Confluence Engine : Simultaneous analysis across three timeframes to identify high-probability zones Dynamic Level Management : Automatically updates and manages multiple Fibonacci sets while maintaining chart clarity Adaptive Visualization System : Smart labeling that shows only the most relevant levels based on user preferences Real-Time Confluence Detection : Identifies zones where multiple Fibonacci levels from different timeframes converge Automated Alert System : Comprehensive notifications for level breakouts and confluence zone formations 🔧 Core Components Swing Point Detection Engine : Uses pivot high/low calculations with strength confirmation to identify significant market turns Fibonacci Calculator : Automatically computes standard retracement levels (0.236, 0.382, 0.5, 0.618, 0.786, 0.886) plus extensions (1.272, 1.618) Multi-Timeframe Security Function : Safely retrieves Fibonacci data from higher timeframes without repainting Confluence Analysis Module : Mathematically identifies zones where multiple levels cluster within specified thresholds Dynamic Drawing Management : Efficiently handles line and label creation, updates, and deletion to maintain performance 🔥 Key Features Customizable Swing Detection : Adjust swing length (3-50 bars) and strength confirmation (1-10 bars) to match your trading style Selective Level Display : Choose which Fibonacci levels to show, from core levels to full extensions Multi-Timeframe Analysis : Analyze up to 3 different timeframes simultaneously for confluence identification Intelligent Labeling System : Options to show main levels only or all levels, with latest-set-only functionality Visual Customization : Adjustable line width, colors, and extension options for optimal chart clarity Performance Optimization : Limit maximum Fibonacci sets (1-5) to maintain smooth chart performance Comprehensive Alerting : Get notified on level breakouts and confluence zone formations 🎨 Visualization Dynamic Fibonacci Lines : Color-coded lines (green for uptrends, red for downtrends) with customizable width and extension Smart Level Labels : Precise level identification with both ratio and price values displayed Confluence Zone Highlighting : Visual emphasis on areas where multiple timeframe levels converge Clean Chart Management : Automatic cleanup of old drawing objects to prevent chart clutter Responsive Design : All visual elements adapt to different chart sizes and timeframes 📖 Usage Guidelines Swing Detection Settings Swing Detection Length - Default: 25 | Range: 3-50 | Controls the lookback period for identifying pivot points. Lower values detect more frequent swings but may include noise, while higher values focus on major market turns. Swing Strength (Confirmation Bars) - Default: 2 | Range: 1-10 | Number of bars required to confirm a swing point. Higher values reduce false signals but increase lag. Minimum Swing % Change - Default: 1.0% | Range: 0.1-10.0% | Minimum percentage change required to register a valid swing. Filters out insignificant price movements. Fibonacci Level Settings Individual Level Toggles : Enable/disable specific Fibonacci levels (0.236, 0.382, 0.5, 0.618, 0.786, 0.886) Extensions : Show projection levels (1.272, 1.618) for target identification Multi-Timeframe Settings Timeframe Selection : Choose three higher timeframes for confluence analysis Confluence Threshold : Percentage tolerance for level clustering (0.5-5.0%) ✅ Best Use Cases Swing Trading : Identify optimal entry and exit points at key retracement levels Confluence Trading : Focus on high-probability zones where multiple timeframe levels align Support/Resistance Trading : Use dynamic levels that adapt to changing market structure Breakout Trading : Monitor level breaks for momentum continuation signals Target Setting : Utilize extension levels for profit target placement ⚠️ Limitations Lagging Nature : Requires confirmed swing points, which means levels appear after significant moves Market Condition Dependency : Works best in trending markets; less effective in extremely choppy conditions Multiple Signal Complexity : Multiple timeframe analysis may produce conflicting signals requiring experience to interpret Performance Considerations : Multiple Fibonacci sets and MTF analysis may impact indicator loading time on slower devices 💡 What Makes This Unique Automated Precision : Eliminates manual drawing errors and subjective level placement Multi-Timeframe Intelligence : Combines analysis from multiple timeframes for superior confluence detection Adaptive Management : Automatically updates and manages multiple Fibonacci sets as market structure evolves Professional-Grade Alerts : Comprehensive notification system for all significant level interactions 🔬 How It Works Step 1 - Swing Point Identification : Scans price action using pivot high/low calculations with specified lookback periods, applies confirmation logic to eliminate false signals, and calculates swing strength based on surrounding price action for quality assessment. Step 2 - Fibonacci Level Calculation : Automatically computes retracement and extension levels between confirmed swing points, creates dynamic level sets that update as new swing points are identified, and maintains multiple active Fibonacci sets for comprehensive market analysis. Step 3 - Multi-Timeframe Confluence : Retrieves Fibonacci data from higher timeframes using secure request functions, analyzes level clustering across different timeframes within specified thresholds, and identifies high-probability zones where multiple levels converge. 💡 Note: This indicator works best when combined with other technical analysis tools and proper risk management. The multi-timeframe confluence feature provides the highest probability setups, but always confirm signals with additional analysis before entering trades.
Pine Script® indicator
by PhenLabs
1
EPS and Sales Magic Indicator V2EPS and Sales Magic Indicator V2 EPS and Sales Magic Indicator V2 Short Title: EPS V2 Author: Trading_Tomm Platform: TradingView (Pine Script v6) License: Free for public use under fair usage guidelines Overview The EPS and Sales Magic Indicator V2 is a powerful stock fundamental visualization tool built specifically for TradingView users who wish to incorporate earnings intelligence directly onto their price chart. Designed and developed by Trading_Tomm, this upgraded version of the original 'EPS and Sales Magic Indicator' includes an enriched and more insightful presentation of company performance metrics — now with TTM EPS support, advanced color-coding, label sizing, and refined control options. This indicator is tailored for retail traders, swing investors, and long-term fundamental analysts who need to view Quarter-over-Quarter (QoQ) earnings and revenue changes directly on the price chart without switching tabs or breaking focus. What Does It Display? The EPS and Sales Magic Indicator V2 intelligently detects quarterly financial updates and displays the following data points via labels: 1. EPS (Earnings Per Share) – Current Quarterly Value This is the most recent Diluted EPS published by the company, fetched using TradingView’s request.financial() function. Displayed in the format: EPS: ₹20.45 2. EPS QoQ Percentage Change Shows the percentage change in EPS compared to the previous quarter. Highlights improvement or decline using arrows (up for improvement, down for decline). Displayed in the format: EPS: ₹20.45 (up 15.3 percent) 3. Sales (Revenue) – Current Quarterly Value Fetches and displays Total Revenue of the company in ₹Crores for easier Indian-market readability. Displayed in the format: Sales: ₹460Cr 4. Sales QoQ Percentage Change Measures and presents the quarter-over-quarter percentage change in total revenue. Uses arrows to indicate growth or contraction. Displayed in the format: Sales: ₹460Cr (down 3.8 percent) 5. EPS TTM (Trailing Twelve Months) You now get the TTM EPS — the sum of the last four quarterly EPS values. This value provides a better long-term earnings snapshot compared to a single quarter. Displayed in the format: TTM EPS: ₹78.12 All of these values are automatically calculated and displayed only on the bars where a new financial report is detected, keeping your chart clean and insightful. Customization Features This indicator is built with user control in mind, allowing you to personalize how and what you want to see: Show EPS in Label: Enable or disable the display of EPS and EPS QoQ values. Show Sales in Label: Toggle the visibility of revenue and sales change percentage. Color Options for Label Themes: The label background color is automatically determined based on performance. Green: Both EPS and Sales increased QoQ. Red: Both decreased. Orange: One increased and the other decreased. Gray: Default color (if values are unavailable or mixed). Label Text Size: Choose from Tiny, Small (default), or Normal. Visual Design Placement: The labels are positioned just below the candlesticks using yloc.belowbar, so they do not obstruct price action or interfere with technical indicators. Anchor: Aligned precisely with the financial reporting bars to maintain clarity in historical comparisons. Background Style: Clean, semi-transparent styling with soft text colors for comfortable viewing. How It Works The indicator relies on TradingView’s powerful request.financial() function to extract fiscal quarterly financials (FQ). Internally, it uses detection logic to identify fresh data updates by comparing current vs. previous values, arithmetic to compute QoQ percentage changes in EPS and Sales, logic to build formatted labels dynamically based on user selections, and conditional color and sizing logic to enhance interpretability. Use Cases For Long-Term Investors: Quickly identify if a company’s profitability and revenue are improving over time. For Swing Traders: Combine recent earnings trends with price action to evaluate if post-result momentum has real backing. For Technical and Fundamental Traders: Layer it with moving averages, RSI, or volume to create a hybrid analysis environment. Limitations and Notes Financial data is provided by TradingView’s financial API, and occasional missing values may occur for less-covered stocks. This tool does not repaint but depends on the timing of the official financial updates. All values are rounded and formatted to prioritize readability. Works best on Daily or higher timeframes (weekly or monthly also supported). License and Fair Use This script is free to use and share under TradingView’s open-use guidelines. You may copy, fork, and build upon this indicator for personal or educational purposes, but commercial usage requires attribution to the author: Trading_Tomm. Future Enhancements (Planned) Addition of Net Profit (QoQ and TTM) Inclusion of Operating Margin, Profit Margin, and Book Value Option to switch between numeric and graphical display (table mode) Alerts on extreme earnings deviation or sales slumps Final Thoughts The EPS and Sales Magic Indicator V2 represents a clean, visual, and smart way to monitor a company’s core performance from your chart screen. It helps you align fundamental strength with technical strategies and provides instant financial clarity, which is especially vital in today’s fast-moving markets. Whether you’re preparing for an earnings season or scanning past performance to pick your next investment, this indicator saves time, enhances insights, and sharpens decisions.
Pine Script® indicator
by Trading_Tomm
Contrarian with 5 Levels5 Levels application was inspired and adapted from Predictive Ranges indicator developed by Lux Algo. So much credit to their work. Indicator Description: Contrarian with 5 Levels Overview The "Contrarian with 5 Levels" indicator is a powerful tool designed for traders seeking to identify potential reversal points in the market by combining contrarian trading principles with dynamic support and resistance levels. This indicator overlays a Simple Moving Average (SMA) shadow and five adaptive price levels, integrating Institutional Concepts of Structure (ICT) such as Break of Structure (BOS) and Market Structure Shift (MSS) to provide clear buy and sell signals. It is ideal for traders looking to capitalize on overextended price movements, particularly on the daily timeframe, though it is adaptable to other timeframes with proper testing. How It Works The indicator operates on two core components: Contrarian SMA Shadow: A shaded region between the SMA of highs and lows (default length: 100) acts as a dynamic zone to identify overbought or oversold conditions. When the price moves significantly outside this shadow, it signals potential exhaustion, aligning with contrarian trading principles. Five Adaptive Levels: Using a modified ATR-based calculation, the indicator plots five key levels (two resistance, one average, and two support) that adjust dynamically to market volatility. These levels serve as critical zones for potential reversals. ICT Structure Analysis: The indicator incorporates BOS and MSS logic to detect shifts in market structure, plotting bullish and bearish breaks with customizable colors for clarity. Buy and sell signals are generated when the price crosses key levels while outside the SMA shadow, indicating potential reversal opportunities. The signals are visualized as small circles above (sell) or below (buy) the price bars, making them easy to interpret. Mathematical Concepts SMA Shadow: The indicator calculates the SMA of the highest highs and lowest lows over a user-defined period (default: 100). This creates a dynamic range that highlights extreme price movements, which contrarian traders often target for reversals. Five Levels Calculation: The five levels are derived using a volatility-adjusted formula based on the Average True Range (ATR). The average level (central pivot) is calculated as a smoothed price, with two upper (resistance) and two lower (support) levels offset by a multiple of the ATR (default multiplier: 6.0). This adaptive approach ensures the levels remain relevant across varying market conditions. ICT BOS/MSS Logic: The indicator identifies pivot highs and lows on a user-defined timeframe (default: daily) to detect structural breaks. A BOS occurs when the price breaks a prior pivot high (bullish) or low (bearish), while an MSS signals a shift in market direction, providing context for potential reversals. Entry and Exit Rules Buy Signal (Blue Dot Below Bar): Triggered when the closing price is below both the SMA shadow (smaLow) and the average level (avg), and the price crosses under either the first or second support level (prS1 or prS2). This suggests the market may be oversold, indicating a potential reversal upward. Sell Signal (White Dot Above Bar): Triggered when the closing price is above both the SMA shadow (smaHigh) and the average level (avg), and the price crosses over either the first or second resistance level (prR1 or prR2). This suggests the market may be overbought, indicating a potential reversal downward. Recommended Usage This indicator is optimized for the daily timeframe, where it has been designed to capture significant reversal opportunities in trending or ranging markets. However, it can be adapted to other timeframes (e.g., 1H, 4H, 15M) with proper testing of settings such as SMA length, ATR multiplier, and structure timeframe. Users are encouraged to backtest and optimize parameters to suit their trading style and asset class. Customization Options SMA Length: Adjust the SMA period (default: 100) to control the sensitivity of the shadow. Five Levels Length and Multiplier: Modify the length (default: 200) and ATR multiplier (default: 6.0) to fine-tune the support/resistance levels. Timeframe Settings: Set separate timeframes for structure analysis and five levels to align with your trading strategy. Color and Signal Display: Customize colors for BOS/MSS lines and toggle buy/sell signals on or off for a cleaner chart. Why Use This Indicator? The "Contrarian with 5 Levels" indicator combines the power of contrarian trading with dynamic levels and market structure analysis, offering a unique perspective for identifying high-probability reversal setups. Its intuitive design, customizable settings, and clear signal visualization make it suitable for both novice and experienced traders. Whether you're trading forex, stocks, or cryptocurrencies, this indicator provides a robust framework for spotting potential turning points in the market. We hope you find the "Contrarian with 5 Levels" indicator a valuable addition to your trading toolkit! Happy trading! Please leave feedback in the comments section.
Pine Script® indicator
by chuckaschultz
Ticker Pulse Meter BasicPairs nicely with the Contrarian 100 MA located here: and the Enhanced Stock Ticker with 50MA vs 200MA located here: Description The Ticker Pulse Meter Basic is a dynamic Pine Script v6 indicator designed to provide traders with a visual representation of a stock’s price position relative to its short-term and long-term ranges, enabling clear entry and exit signals for long-only trading strategies. By calculating three normalized metrics—Percent Above Long & Above Short, Percent Above Long & Below Short, and Percent Below Long & Below Short—this indicator offers a unique "pulse" of market sentiment, plotted as stacked area charts in a separate pane. With customizable lookback periods, thresholds, and signal plotting options, it empowers traders to identify optimal entry points and profit-taking levels. The indicator leverages Pine Script’s force_overlay feature to plot signals on either the main price chart or the indicator pane, making it versatile for various trading styles. Key Features Pulse Meter Metrics: Computes three percentages based on short-term (default: 50 bars) and long-term (default: 200 bars) lookback periods: Percent Above Long & Above Short: Measures price strength when above both short and long ranges (green area). Percent Above Long & Below Short: Indicates mixed momentum (orange area). Percent Below Long & Below Short: Signals weakness when below both ranges (red area). Flexible Signal Plotting: Toggle between plotting entry (blue dots) and exit (white dots) signals on the main price chart (location.abovebar/belowbar) or in the indicator pane (location.top/bottom) using the Plot Signals on Main Chart option. Entry/Exit Logic: Long Entry: Triggered when Percent Above Long & Above Short crosses above the high threshold (default: 20%) and Percent Below Long & Below Short is below the low threshold (default: 40%). Long Exit: Triggered when Percent Above Long & Above Short crosses above the profit-taking level (default: 95%). Visual Enhancements: Plots stacked area charts with semi-transparent colors (green, orange, red) for intuitive trend analysis. Displays threshold lines for entry (high/low) and profit-taking levels. Includes a ticker and timeframe table in the top-right corner for quick reference. Alert Conditions: Supports alerts for long entry and exit signals, integrable with TradingView’s alert system for automated trading. Technical Innovation: Combines normalized price metrics with Pine Script v6’s force_overlay for seamless signal integration on the price chart or indicator pane. Technical Details Calculation Logic: Uses confirmed bars (barstate.isconfirmed) to calculate metrics, ensuring reliability. Short-term percentage: (close - lowest(low, lookback_short)) / (highest(high, lookback_short) - lowest(low, lookback_short)). Long-term percentage: (close - lowest(low, lookback_long)) / (highest(high, lookback_long) - lowest(low, lookback_long)). Derived metrics: pct_above_long_above_short = (pct_above_long * pct_above_short) * 100. pct_above_long_below_short = (pct_above_long * (1 - pct_above_short)) * 100. pct_below_long_below_short = ((1 - pct_above_long) * (1 - pct_above_short)) * 100. Signal Plotting: Entry signals (long_entry) use ta.crossover to detect when pct_above_long_above_short crosses above entryThresholdhigh and pct_below_long_below_short is below entryThresholdlow. Exit signals (long_exit) use ta.crossover for pct_above_long_above_short crossing above profitTake. Signals are plotted as tiny circles with force_overlay=true for main chart or standard plotting for the indicator pane. Performance Considerations: Optimized for efficiency by calculating metrics only on confirmed bars and using lightweight plotting functions. How to Use Add to Chart: Copy the script into TradingView’s Pine Editor and apply it to your chart. Configure Settings: Short Lookback Period: Adjust the short-term lookback (default: 50 bars) for sensitivity. Long Lookback Period: Set the long-term lookback (default: 200 bars) for broader context. Entry Thresholds: Modify high (default: 20%) and low (default: 40%) thresholds for entry conditions. Profit Take Level: Set the exit threshold (default: 95%) for profit-taking. Plot Signals on Main Chart: Check to display signals on the price chart; uncheck for the indicator pane. Interpret Signals: Long Entry: Blue dots indicate a strong bullish setup when price is high relative to both lookback ranges and weakness is low. Long Exit: White dots signal profit-taking when strength reaches overbought levels. Use the stacked area charts to assess trend strength and momentum. Set Alerts: Create alerts for Long Entry and Long Exit conditions using TradingView’s alert system. Customize Visuals: Adjust colors and thresholds via TradingView’s settings for better visibility. The ticker table displays the symbol and timeframe in the top-right corner. Example Use Cases Swing Trading: Use entry signals to capture short-term bullish moves within a broader uptrend, exiting at profit-taking levels. Trend Confirmation: Monitor the green area (Percent Above Long & Above Short) for sustained bullish momentum. Market Sentiment Analysis: Use the stacked areas to gauge bullish vs. bearish sentiment across timeframes. Notes Testing: Backtest the indicator on your chosen market and timeframe to validate its effectiveness. Compatibility: Built for Pine Script v6 and tested on TradingView as of June 20, 2025. Limitations: Signals are long-only; adapt the script for short strategies if needed. Enhancements: Consider adding a histogram for the difference between metrics or additional thresholds for nuanced trading. Acknowledgments Inspired by public Pine Script examples and designed to simplify complex market dynamics into a clear, actionable tool. For licensing or support, contact Chuck Schultz (@chuckaschultz) on TradingView. Share feedback in the comments, and happy trading!
Pine Script® indicator
by chuckaschultz
HMA Swing Levels [BigBeluga]An advanced swing structure and trend-following tool built on Hull Moving Average logic, designed to detect major reversals and track dynamic support/resistance zones. This indicator analyzes price swings using pivot highs/lows and a smoothed HMA trend baseline. It highlights key reversal levels and keeps them active until breached, giving traders a clear visual framework for price structure and trend alignment. The pivots are calculated in real-time using non-lagging logic, making them highly responsive to market conditions. 🔵 CONCEPTS Combines a fast-reacting Hull Moving Average (HMA) with pivot logic to capture precise directional changes. Detects non-lagging reversal highs and lows when pivot points form and the HMA direction flips. Projects these reversal levels forward as horizontal support/resistance lines until broken by price. Active trend is shown with a step-style trail line that reflects HMA bias over time. 🔵 FEATURES Swing Level Detection: Identifies high/low reversals when trend direction changes and plots horizontal zones. Non-lagging logic of swing points detection: if h == high and high < h and change > 0 // Detected Swing High if l == low and low > l and change < 0 // Detected Swing Low Persistent Support & Resistance Lines: Each detected swing high or low is extended forward until price invalidates the level. Dotted style is applied once breached. Color-Coded Trend Trail: Displays a stepped trend trail using HMA slope: lime = uptrend, blue = downtrend. Automatic Labeling: Each reversal level is labeled with its price for clear reference. Age-Based Line Thickness: Every level increases in thickness every 250 bars. The longer the level lasts, the stronger it is. 🔵 HOW TO USE Use green (support) and blue (resistance) levels to frame key reaction zones. Trade with the trend defined by the trail color: lime for bullish bias, blue for bearish. Explore where buy or sell orders are stacked Look for breaks of swing lines to anticipate trend shifts or breakout setups. Adjust the "Trend Change" input to tune the sensitivity of swing detection. Adjust the "SwingLevels" input to define how far back to search for valid pivots. 🔵 CONCLUSION HMA Swing Levels offers a hybrid approach to structural and trend-based trading. With automated non-lagging swing detection, persistent support/resistance tracking, and intuitive HMA-based trend coloring, it provides a powerful visual system for discretionary and systematic traders alike.
Pine Script® indicator
by BigBeluga
11
Swing High Low Detector by RV5📄 Description The Swing High Low Detector is a visual indicator that automatically detects and displays swing highs and swing lows on the chart. Swings are determined based on configurable strength parameters (number of bars before and after a high/low), allowing users to fine-tune the sensitivity of the swing points. 🔹 Current swing levels are shown as solid (or user-defined) lines that dynamically extend until broken. 🔹 Past swing levels are preserved as dashed/dotted lines once broken, allowing traders to see previous support/resistance zones. 🔹 Customizable line colors, styles, and thickness for both current and past levels. This indicator is useful for: Identifying key market structure turning points Building breakout strategies Spotting trend reversals and swing zones ⚙️ How to Use 1. Add the indicator to any chart on any timeframe. 2. Adjust the Swing Strength inputs to change how sensitive the detector is: A higher value will filter out smaller moves. A lower value will capture more frequent swing points. 3. Customize the line styles for visual preference. Choose different colors, line styles (solid/dashed/dotted), and thickness for: Current Swing Highs (SH) Past Swing Highs Current Swing Lows (SL) Past Swing Lows 4. Observe: As new swing highs/lows are detected, the indicator draws a new current level. Once price breaks that level, the line is archived as a past level and a new current swing is drawn. ✅ Features Fully customizable styling for all lines Real-time updates and automatic level tracking Supports all chart types and instruments 👨‍💻 Credits Script logic and implementation by RV5. This script was developed as a tool to improve price action visualization and trading structure clarity. Not affiliated with any financial institution. Use responsibly.
Pine Script® indicator
by R_V5
8
SOXL Trend Surge v3.0.2 – Profit-Only RunnerSOXL Trend Surge v3.0.2 – Profit-Only Runner This is a trend-following strategy built for leveraged ETFs like SOXL, designed to ride high-momentum waves with minimal interference. Unlike most short-term scalping scripts, this model allows trades to develop over multiple days to even several months, capitalizing on the full power of extended directional moves — all without using a stop-loss. 🔍 How It Works Entry Logic: Price is above the 200 EMA (long-term trend confirmation) Supertrend is bullish (momentum confirmation) ATR is rising (volatility expansion) Volume is above its 20-bar average (liquidity filter) Price is outside a small buffer zone from the 200 EMA (to avoid whipsaws) Trades are restricted to market hours only (9 AM to 2 PM EST) Cooldown of 15 bars after each exit to prevent overtrading Exit Strategy: Takes partial profit at +2× ATR if held for at least 2 bars Rides the remaining position with a trailing stop at 1.5× ATR No hard stop-loss — giving space for volatile pullbacks ⚙️ Strategy Settings Initial Capital: $500 Risk per Trade: 100% of equity (fully allocated per entry) Commission: 0.1% Slippage: 1 tick Recalculate after order is filled Fill orders on bar close Timeframe Optimized For: 45-minute chart These parameters simulate an aggressive, high-volatility trading model meant for forward-testing compounding potential under realistic trading costs. ✅ What Makes This Unique No stop-loss = fewer premature exits Partial profit-taking helps lock in early wins Trailing logic gives room to ride large multi-week moves Uses strict filters (volume, ATR, EMA bias) to enter only during high-probability windows Ideal for leveraged ETF swing or position traders looking to hold longer than the typical intraday or 2–3 day strategies ⚠️ Important Note This is a high-risk, high-reward strategy meant for educational and testing purposes. Without a stop-loss, trades can experience deep drawdowns that may take weeks or even months to recover. Always test thoroughly and adjust position sizing to suit your risk tolerance. Past results do not guarantee future returns. Backtest range: May 8, 2020 – May 23, 2025
Pine Script® strategy
by StockaTon
UNITED TRADING COMMUNITY WaterMarkWATER MARK indicator. Will allow you to improve the order of the entries you need on the chart. 1. Name and date for the traded instrument 2. Watermarks to protect your charts (in the center and around the perimeter of the chart) 3. The new "notes" option will allow you to keep focus on the factors that are important to you on the chart. Very flexible settings for any notes, labels, watermarks on the chart that are important to you. Индикатор WATER MARK . Даст возможность вам улучшить порядок нужных вам записей на графике. 1. Название и дата для торгуемого инструмента 2. Водные знаки для защиты ваших графиков ( в центре и по периметру графика) 3. Новая опция "заметки" позволит вам держать фокус на важных для вас факторах на графике. Очень гибкая настройка , любых значимых для вас заметок , лейблов , вотермарк на графике.
Pine Script® indicator
by UTDCrypto
Multi-Indicator Swing [TIAMATCRYPTO]v6# Strategy Description: ## Multi-Indicator Swing This strategy is designed for swing trading across various markets by combining multiple technical indicators to identify high-probability trading opportunities. The system focuses on trend strength confirmation and volume analysis to generate precise entry and exit signals. ### Core Components: - **Supertrend Indicator**: Acts as the primary trend direction filter with optimized settings (Factor: 3.0, ATR Period: 10) to balance responsiveness and reliability. - **ADX (Average Directional Index)**: Confirms the strength of the prevailing trend, filtering out sideways or choppy market conditions where the strategy avoids taking positions. - **Liquidity Delta**: A volume-based indicator that analyzes buying and selling pressure imbalances to validate trend direction and potential reversals. - **PSAR (Optional)**: Can be enabled to add additional confirmation for trend changes, turned off by default to reduce signal filtering. ### Key Features: - **Flexible Direction Trading**: Choose between long-only, short-only, or bidirectional trading to adapt to market conditions or account restrictions. - **Conservative Risk Management**: Implements fixed percentage-based stop losses (default 2%) and take profits (default 4%) for a positive risk-reward ratio. - **Realistic Backtesting Parameters**: Includes commission (0.1%) and slippage (2 points) to reflect real-world trading conditions. - **Visual Signals**: Clear buy/sell arrows with customizable sizes for easy identification on the chart. - **Information Panel**: Dynamic display showing active indicators and current risk settings. ### Best Used On: Daily timeframes for cryptocurrencies, forex, or stock indices. The strategy performs optimally on assets with clear trending behavior and sufficient volatility. ### Default Settings: Optimized for conservative position sizing (5% of equity per trade) with an initial capital of $10,000. The backtesting period (2021-2023) provides a statistically significant sample of varied market conditions.
Pine Script® strategy
by TiamatCrypto
Apex Edge - MTF Confluence PanelApex Edge – MTF Confluence Panel Description: The Apex Edge – MTF Confluence Panel is a powerful multi-timeframe analysis tool built to streamline trade decision-making by aggregating key confluences across three user-defined timeframes. The panel visually presents the state of five core market signals—Trend, Momentum, Sweep, Structure, and Trap—alongside a unified Score column that summarizes directional bias with clarity. Traders can customize the number of bullish/bearish conditions required to trigger a score signal, allowing the tool to be tailored for both conservative and aggressive trading styles. This script is designed for those who value a clean, structured, and objective approach to identifying market alignment—whether scalping or swing trading. How it Works: Across each of the three selected timeframes, the panel evaluates: Trend: Based on a user-configurable Hull Moving Average (HMA), the script compares price relative to trend to determine bullish, bearish, or neutral bias. Momentum: Uses OBV (On-Balance Volume) with volume spike detection to identify bursts of strong buying or selling pressure. Sweep: Detects potential liquidity grabs by identifying price rejections beyond prior swing highs/lows. A break below a previous low with reversal signals bullish intent (and vice versa for bearish). Structure: Uses dynamic pivot-based logic to identify market structure breaks (BOS) beyond recent confirmed swing levels. Trap: Flags potential false moves by measuring RSI overbought/oversold signal clusters combined with minimal price movement—highlighting exhaustion or deceptive breaks. Score: A weighted consensus of the above components. The number of required confluences to trigger a score (default: 3) can be set by the user via input, offering flexibility in signal sensitivity. Why It’s Useful for Traders: Quick Decision-Making: The color-coded panel provides instant visual feedback on whether confluences align across timeframes—ideal for fast-paced environments like scalping or high-volatility news sessions. Multi-Timeframe Confidence: Helps eliminate guesswork by confirming whether higher and lower timeframe conditions support your trade idea. Customizability: Adjustable confluence threshold means traders can fine-tune how sensitive the system is—more signals for faster entries, stricter confluence for higher conviction trades. Built-In Alerts: Automated alerts for score alignment, trap detection, and liquidity sweeps allow traders to stay informed even when away from the screen. Strategic Edge: Supports directional bias confirmation and trade filtering with logic designed to mimic professional decision-making workflows. Features: Clean, real-time confluence table across three user-selected timeframes Configurable score sensitivity via “Minimum Confluences for Score” input Cell-based colour coding for at-a-glance trade direction Built-in alerts for score alignment, traps, and sweep triggers Note - This Indicator works great in sync with Apex Edge - Session Sweep Pro Useful levels for TP = previous session high/low boxes or fib levels. ⚠️ Disclaimer: This script is for informational and educational purposes only and should not be considered financial advice. Always perform your own due diligence and practice proper risk management when trading.
Pine Script® indicator
by ApexEdge
Parsifal.Swing.TrendScoreThe Parsifal.Swing.TrendScore indicator is a module within the Parsifal Swing Suite, which includes a set of swing indicators such as: • Parsifal Swing TrendScore • Parsifal Swing Composite • Parsifal Swing RSI • Parsifal Swing Flow Each module serves as an indicator facilitating judgment of the current swing state in the underlying market. ________________________________________ Background Market movements typically follow a time-varying trend channel within which prices oscillate. These oscillations—or swings—within the trend are inherently tradable. They can be approached: • One-sidedly, aligning with the trend (generally safer), or • Two-sidedly, aiming to profit from mean reversions as well. Note: Mean reversions in strong trends often manifest as sideways consolidations, making one-sided trades more stable. ________________________________________ The Parsifal Swing Suite The modules aim to provide additional insights into the swing state within a trend and offer various trigger points to assist with entry decisions. All modules in the suite act as weak oscillators, meaning they fluctuate within a range but are not bounded like true oscillators (e.g., RSI, which is constrained between 0% and 100%). ________________________________________ The Parsifal.Swing.TrendScore – Specifics The Parsifal.Swing.TrendScore module combines short-term trend data with information about the current swing state, derived from raw price data and classical technical indicators. It provides an indication of how well the short-term trend aligns with the prevailing swing, based on recent market behavior. ________________________________________ How Swing.TrendScore Works The Swing.TrendScore calculates a swing score by collecting data within a bin (i.e., a single candle or time bucket) that signals an upside or downside swing. These signals are then aggregated together with insights from classical swing indicators. Additionally, it calculates a short-term trend score using core technical signals, including: • The Z-score of the price's distance from various EMAs • The slope of EMAs • Other trend-strength signals from additional technical indicators These two components—the swing score and the trend score—are then combined to form the Swing.TrendScore indicator, which evaluates the short-term trend in context with swing behavior. ________________________________________ How to Interpret Swing.TrendScore The trend component enhances Swing.TrendScore’s ability to provide stronger signals when the short-term trend and swing state align. It can also override the swing score; for example, even if a mean reversion appears to be forming, a dominant short-term trend may still control the market behavior. This makes Swing.TrendScore particularly valuable for: • Short-term trend-following strategies • Medium-term swing trading Unlike typical swing indicators, Swing.TrendScore is designed to respond more to medium-term swings rather than short-lived fluctuations. ________________________________________ Behavior and Chart Representation The Swing.TrendScore indicator fluctuates within a range, as most of its components are range-bound (though Z-score components may technically extend beyond). • Historically high or low values may suggest overbought or oversold conditions • The chart displays: o A fast curve (orange) o A slow curve (white) o A shaded background representing the market state • Extreme values followed by curve reversals may signal a developing mean reversion ________________________________________ TrendScore Background Value The Background Value reflects the combined state of the short-term trend and swing: • > 0 (shaded green) → Bullish mode: swing and short-term trend both upward • < 0 (shaded red) → Bearish mode: swing and short-term trend both downward • The absolute value represents the confidence level in the market mode Notably, the Background Value can remain positive during short downswings if the short-term trend remains bullish—and vice versa. ________________________________________ How to Use the Parsifal.Swing.TrendScore Several change points can act as entry triggers or aids: • Fast Trigger: change in slope of the fast signal curve • Trigger: fast line crosses slow line or the slope of the slow signal changes • Slow Trigger: change in sign of the Background Value Examples of these trigger points are illustrated in the accompanying chart. Additionally, market highs and lows aligning with the swing indicator values may serve as pivot points in the evolving price process. ________________________________________ As always, this indicator should be used in conjunction with other tools and market context in live trading. While it provides valuable insight and potential entry points, it does not predict future price action. Instead, it reflects recent tendencies and should be used judiciously. ________________________________________ Extensions The aggregation of information—whether derived from bins or technical indicators—is currently performed via simple averaging. However, this can be modified using alternative weighting schemes, based on: • Historical performance • Relevance of the data • Specific market conditions Smoothing periods used in calculations are also modifiable. In general, the EMAs applied for smoothing can be extended to reflect expectations based on relevance-weighted probability measures. Since EMAs inherently give more weight to recent data, this allows for adaptive smoothing. Additionally, EMAs may be further extended to incorporate negative weights, akin to wavelet transform techniques.
Pine Script® indicator
by parsifaltrading
Parsifal.Swing.CompositeThe Parsifal.Swing.Composite indicator is a module within the Parsifal Swing Suite, which includes a set of swing indicators such as: • Parsifal Swing TrendScore • Parsifal Swing Composite • Parsifal Swing RSI • Parsifal Swing Flow Each module serves as an indicator facilitating judgment of the current swing state in the underlying market. ________________________________________ Background Market movements typically follow a time-varying trend channel within which prices oscillate. These oscillations—or swings—within the trend are inherently tradable. They can be approached: • One-sidedly, aligning with the trend (generally safer), or • Two-sidedly, aiming to profit from mean reversions as well. Note: Mean reversions in strong trends often manifest as sideways consolidations, making one-sided trades more stable. ________________________________________ The Parsifal Swing Suite The modules aim to provide additional insights into the swing state within a trend and offer various trigger points to assist with entry decisions. All modules in the suite act as weak oscillators, meaning they fluctuate within a range but are not bounded like true oscillators (e.g., RSI, which is constrained between 0% and 100%). ________________________________________ The Parsifal.Swing.Composite – Specifics This module consolidates multiple insights into price swing behavior, synthesizing them into an indicator reflecting the current swing state. It employs layered bagging and smoothing operations based on standard price inputs (OHLC) and classical technical indicators. The module integrates several slightly different sub-modules. Process overview: 1. Per candle/bin, sub-modules collect directional signals (up/down), with each signal casting a vote. 2. These votes are aggregated via majority counting (bagging) into a single bin vote. 3. Bin votes are then smoothed, typically with short-term EMAs, to create a sub-module vote. 4. These sub-module votes are aggregated and smoothed again to generate the final module vote. The final vote is a score indicating the module’s assessment of the current swing state. While it fluctuates in a range, it's not a true oscillator, as most inputs are normalized via Z-scores (value divided by standard deviation over a period). • Historically high or low values correspond to high or low quantiles, suggesting potential overbought or oversold conditions. • The chart displays a fast (orange) and slow (white) curve against a solid background state. • Extreme values followed by curve reversals may signal upcoming mean-reversions. Background Value: • Value > 0: shaded green → bullish mode • Value < 0: shaded red → bearish mode • The absolute value indicates confidence in the mode. ________________________________________ How to Use the Parsifal.Swing.Composite Several change points in the indicator serve as potential entry triggers: • Fast Trigger: change in slope of the fast curve • Trigger: fast line crossing the slow line or change in the slow curve’s slope • Slow Trigger: change in sign of the background value These are illustrated in the introductory chart. Additionally, market highs and lows aligned with swing values may act as pivot points, support, or resistance levels for evolving price processes. ________________________________________ As always, supplement this indicator with other tools and market information. While it provides valuable insights and potential entry points, it does not predict future prices. It reflects recent tendencies and should be used judiciously. ________________________________________ Extensions All modules in the Parsifal Swing Suite are simple yet adaptable, whether used individually or in combination. Customization options: • Weights in EMAs for smoothing are adjustable • Bin vote aggregation (currently via sum-of-experts) can be modified • Alternative weighting schemes can be tested Advanced options: • Bagging weights may be historical, informational, or relevance-based • Selection algorithms (e.g., ID3, C4.5, CAT) could replace the current bagging approach • EMAs may be generalized into expectations relative to relevance-based probability • Negative weights (akin to wavelet transforms) can be incorporated
Pine Script® indicator
by parsifaltrading
PEAD strategy█  OVERVIEW This strategy trades the classic post-earnings announcement drift (PEAD). It goes long only when the market gaps up after a positive EPS surprise. █  LOGIC 1 — Earnings filter — EPS surprise > epsSprThresh  % 2 — Gap filter — first regular 5-minute bar gaps ≥ gapThresh  % above yesterday’s close 3 — Timing — only the first qualifying gap within one trading day of the earnings bar 4 — Momentum filter — last perfDays trading-day performance is positive 5 — Risk management   • Fixed stop-loss: stopPct  % below entry   • Trailing exit: price < Daily EMA( emaLen ) █  INPUTS • Gap up threshold (%) — 1 (gap size for entry) • EPS surprise threshold (%) — 5 (min positive surprise) • Past price performance — 20 (look-back bars for trend check) • Fixed stop-loss (%) — 8 (hard stop distance) • Daily EMA length — 30 (trailing exit length) Note — Back-tests fill on the second 5-minute bar (Pine limitation). Live trading: enable calc_on_every_tick=true for first-tick entries. ──────────────────────────────────────────── █  概要（日本語） 本ストラテジーは決算後の PEAD を狙い、 EPS サプライズがプラス かつ 寄付きギャップアップ が発生した銘柄をスイングで買い持ちします。 █  ロジック 1 — 決算フィルター — EPS サプライズ > epsSprThresh  % 2 — ギャップフィルター — レギュラー時間最初の 5 分足が前日終値＋ gapThresh  %以上 3 — タイミング — 決算当日または翌営業日の最初のギャップのみエントリー 4 — モメンタムフィルター — 過去 perfDays 営業日の騰落率がプラス 5 — リスク管理   • 固定ストップ：エントリー − stopPct  %   • 利確：終値が日足 EMA( emaLen ) を下抜け █  入力パラメータ • Gap up threshold (%) — 1 (ギャップ条件) • EPS surprise threshold (%) — 5 (EPS サプライズ最小値) • Past price performance — 20 (パフォーマンス判定日数) • Fixed stop-loss (%) — 8 (固定ストップ幅) • Daily EMA length — 30 (利確用 EMA 期間) 注意 — Pine の仕様上、バックテストでは寄付き 5 分足の次バーで約定します。 実運用で寄付き成行に合わせたい場合は calc_on_every_tick=true を有効にしてください。 ──── ご意見や質問があればお気軽にコメントください。 Happy trading!
Pine Script® strategy
by Monty_trader
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.
Pine Script® indicator
by PhenLabs
ScalpSwing Pro SetupScript Overview This script is a multi-tool setup designed for both scalping (1m–5m) and swing trading (1H–4H–Daily). It combines the power of trend-following , momentum , and mean-reversion tools: What’s Included in the Script 1. EMA Indicators (20, 50, 200) - EMA 20 (blue) : Short-term trend - EMA 50 (orange) : Medium-term trend - EMA 200 (red) : Long-term trend - Use: - EMA 20 crossing above 50 → bullish trend - EMA 20 crossing below 50 → bearish trend - Price above 200 EMA = uptrend bias 2. VWAP (Volume Weighted Average Price) - Shows the average price weighted by volume - Best used in intraday (1m to 15m timeframes) - Use: - Price bouncing from VWAP = reversion trade - Price far from VWAP = likely pullback incoming 3. RSI (14) + Key Levels - Shows momentum and overbought/oversold zones - Levels: - 70 = Overbought (potential sell) - 30 = Oversold (potential buy) - 50 = Trend confirmation - Use: - RSI 30–50 in uptrend = dip buying zone - RSI 70–50 in downtrend = pullback selling zone 4. MACD Crossovers - Standard MACD with histogram & cross alerts - Shows trend momentum shifts - Green triangle = Bullish MACD crossover - Red triangle = Bearish MACD crossover - Use: - Confirm swing trades with MACD crossover - Combine with RSI divergence 5. Buy & Sell Signal Logic BUY SIGNAL triggers when: - EMA 20 crosses above EMA 50 - RSI is between 50 and 70 (momentum bullish, not overbought) SELL SIGNAL triggers when: - EMA 20 crosses below EMA 50 - RSI is between 30 and 50 (bearish momentum, not oversold) These signals appear as: - BUY : Green label below the candle - SELL : Red label above the candle How to Trade with It For Scalping (1m–5m) : - Focus on EMA crosses near VWAP - Confirm with RSI between 50–70 (buy) or 50–30 (sell) - Use MACD triangle as added confluence For Swing (1H–4H–Daily) : - Look for EMA 20–50 cross + price above EMA 200 - Confirm trend with MACD and RSI - Trade breakout or pullback depending on structure
Pine Script® indicator
by MarketTipsy
Candlestick Pattern Indicator – Doji, Harami, More [algo_aakash]This Candlestick Pattern Indicator is designed to help traders identify key price action patterns like Bullish Engulfing, Bearish Engulfing, Doji, Hammer, Morning Star, Evening Star, and many more directly on your TradingView chart. With customizable options to display both bullish and bearish patterns , this indicator provides real-time visual markers and labels, helping you make informed trading decisions. Key features of the indicator include: Detects popular candlestick patterns such as Bullish Engulfing, Bearish Engulfing, Hammer, Morning Star, Tweezer Tops, and more. Customizable settings for displaying pattern shapes, labels, and opacity, tailored to your trading preferences. Option to plot signals only after a candle closes, ensuring accuracy. Alerts for immediate notification of detected patterns. Visual markers on the chart, including arrows and labels, for quick recognition of potential trade setups. This indicator is ideal for traders who rely on candlestick patterns for technical analysis and want an automated tool to highlight these setups for easier decision-making. Whether you're a beginner or an experienced trader, this tool will help you spot important patterns in real-time without cluttering your chart.
Pine Script® indicator
by algo_aakash
Swing Structure + Session Sweeps“Scalper-Friendly Trend & Sweep Detector” Swing Structure + Session Sweeps with TEMA Cloud This powerful all-in-one tool is designed for intraday traders, swing traders, and scalpers who want to spot high-probability reversals, trend continuations, and liquidity sweeps with confluence. 🔹 Core Features Multi-layered TEMA Cloud (9, 20, 34, 50) for clear trend structure Dynamic Bull/Bear labels when the trend flips Centerline for TEMA 20 to visualize core trend direction Session-based liquidity sweep detection (Asia, London, NY) Volume and absorption dots to catch hidden pressure Swing high/low detection (external and internal) Visual VWAP, daily highs/lows, and customizable session zones Optional alerts for volume spikes, absorption, and reversal sweeps 📈 Use it to: Confirm directional bias Anticipate pullbacks and breakouts Identify volume-backed reversals Align trades with session strength and swing confluence ⚙️ Built for scalpers, intraday opportunists, and precision chartists alike.
Pine Script® indicator
by CD2750
FunkyQuokka's $ Volume💡 Why $ Volume Matters Share volume alone is a half-truth — 1M shares traded at $5 isn’t the same as 1M shares at $500. That’s where dollar volume steps in, offering a far more accurate view of institutional interest, breakout validity, liquidity zones and overall trader conviction. 📈 Features: Clean histogram of dollar volume (close × volume) Orange line showing customizable average $ volume K/M/B formatting for axis scale (no huge ugly numbers) Minimal design to blend into a multi-pane layout ⚙️ Inputs: Tweakable average length – defaults to 20 By FunkyQuokka 🦘
Pine Script® indicator
by FunkyQuokka
EMA Shakeout DetectorEMA Shakeout & Reclaim Zones Description: This Pine Script helps traders quickly identify potential shakeout entries based on price action and volume dynamics. Shakeouts often signal strong accumulation, where institutions drive the stock below a key moving average before reclaiming it, creating an opportunity for traders to enter at favorable prices. How It Works: 1. Volume Surge Filtering: a. Computes the 51-day Simple Moving Average (SMA) of volume. b. Identifies days where volume surged 2x above the 51-day average. c. Filters stocks that had at least two such high-volume days in the last 21 trading days (configurable). 2. Stock Selection Criteria: a. The stock must be within 25% of its 52-week high. b. It should have rallied at least 30% from its 52-week low. Shakeout Conditions: 1. The stock must be trading above the 51-day EMA before the shakeout. 2. A sudden price drop of more than 10% occurs, pushing the stock below the 51-day EMA. 3. A key index (e.g., Nifty 50, S&P 500) must be trading above its 10-day EMA, ensuring overall market strength. Visualization: Shakeout zones are highlighted in blue, making it easier to spot potential accumulation areas and study price & volume action in more detail. This script is ideal for traders looking to identify institutional shakeouts and gain an edge by recognizing high-probability reversal setups.
Pine Script® indicator
by PrasadJoshi12