Volume & Trend Confluence OscillatorVolume & Trend Confluence Oscillator (VTCO)
Overview:
The Volume & Trend Confluence Oscillator (VTCO) is a technical analysis tool designed to help traders assess market conditions by integrating volume analysis, momentum, and trend direction into a single oscillator. This indicator provides traders with additional confirmation when evaluating potential trade entries and exits.
Key Features:
Volume Analysis: Calculates a Z-score to detect unusual trading activity.
Momentum Measurement: Evaluates the rate of price change to gauge market velocity.
Trend Confirmation: Utilizes an Exponential Moving Average (EMA) to assess overall market direction.
Signal Filtering: Incorporates minimum movement thresholds and a confirmation period to reduce false signals.
Visual Enhancements: Background shading indicates trend direction, and buy/sell markers highlight key signals.
How It Works:
The VTCO applies a volume multiplier to momentum readings when volume activity significantly deviates from its historical norm. Additionally, it prioritizes momentum moves that align with the prevailing market trend. A smoothing mechanism refines the oscillator’s signal line, ensuring a more stable and actionable output. The indicator generates alerts when key conditions are met, assisting traders in identifying potential trend shifts.
Signal Generation:
Buy Signal: Triggered when the oscillator crosses above zero after an oversold condition, ideally within an uptrend.
Sell Signal: Triggered when the oscillator crosses below zero after an overbought condition, ideally within a downtrend.
Alerts: Configurable alerts notify traders when key market conditions are met.
Usage Considerations:
Works effectively across various timeframes but may provide more reliable signals on higher timeframes.
Best utilized in conjunction with additional technical indicators and risk management strategies.
No indicator guarantees future performance; proper analysis and trade management remain essential.
Disclaimer:
This indicator is provided for educational purposes only and should not be considered financial advice. Trading involves risk, and past performance is not indicative of future results. Always conduct independent analysis before making trading decisions.
المؤشرات والاستراتيجيات
Hyper MA Loop | QuantEdgeBIntroducing Hyper MA Loop by QuantEdgeB
Hyper MA Loop | QuantEdgeB is an advanced trend-following indicator that leverages a custom Hyper Moving Average (HyMA) and an innovative loop-based scoring system to assess trend strength and direction. This tool is designed to provide a dynamic perspective on market momentum, allowing traders to capture trends effectively while filtering out market noise.
Key Features:
1. Hyper Moving Average (HyMA) 🟣
- A weighted moving average that enhances trend responsiveness by applying a custom
weight function.
- Ensures smoother trend detection while maintaining reactivity to price changes.
2. Loop-Based Trend Scoring 🔄
- Utilizes a for-loop function to analyze the movement of HyMA over a specified period.
- Compares current values to past values, generating a cumulative score indicating bullish or
bearish momentum.
- Dynamic thresholds adjust to market conditions for better trend filtering.
3. Threshold-Based Signal System ✅❌
- Long Signals: Triggered when the loop score exceeds the long threshold.
- Short Signals: Activated when the score falls below the short threshold.
- Avoids false signals by requiring sustained strength before confirming a trend.
4. Customizable Visualization & Colors 🎨
- Multiple color modes (Default, Solar, Warm, Cool, Classic) for tailored aesthetics.
- Extra plot options enhance visualization of market structure and volatility.
________
How It Works:
- HyMA Calculation : A unique moving average with a specialized weighting function to
smooth out price action.
- Loop Function : Iterates over past HyMA values, assessing whether price is consistently
higher or lower.
- Threshold Comparison : The loop score is compared against pre-set thresholds to
determine bullish or bearish conditions.
- Signal Generation :
1. Bullish (🔵): If the score crosses the long threshold
2. Bearish (🔴): If the score drops below the short threshold.
- Plotting & Styling : Dynamic candles and gradient overlays provide an intuitive
visualization of rend shifts.
________
Use Cases:
✅ Ideal for trend-following traders looking for solid trends confirmation.
✅ Helps filter out choppy market conditions by adjusting sensitivity dynamically.
✅ Works well with other indicators (e.g., ADX, volume-based filters) for added confirmation.
✅ Suitable for both short-term and long-term trend analysis.
________
Customization Options:
- Adjustable HyMA Length: Modify the responsiveness of the moving average. Default se to 2.
- For-Loop Parameters: Fine-tune how far back the trend analysis should consider. Default se to Start = 1 , End = -1.
- Thresholds for Long & Short: Control signal sensitivity to market fluctuations. Default set to Long = 40, Short = 8.
- Color Modes & Extra Plots: Personalize visualization for better clarity.
________
Conclusion:
The Hyper MA Loop | QuantEdgeB is a powerful, adaptive indicator that combines custom moving averages with loop-based trend analysis to deliver accurate, visually intuitive market signals. Whether you're looking to ride strong trends or filter out weak setups, this tool provides the precision and flexibility needed for effective decision-making. 🚀📈
🔹 Disclaimer: Past performance is not indicative of future results. No trading indicator can guarantee success in financial markets.
🔹 Strategic Consideration: As always, backtesting and strategic adjustments are essential to fully optimize this indicator for real-world trading. Traders should consider risk management practices and adapt settings to their specific market conditions and trading style.
Triple Trend Indicator [BigBeluga]Triple Trend Indicator is a versatile trend-following tool designed to help traders identify trend strength and potential pullback levels using a three-band system. Each band represents a varying degree of price deviation from the mean, providing progressively stronger trend signals.
🔵 Key Features:
Three Adaptive Bands:
The indicator dynamically calculates three bands (1, 2, and 3) based on moving averages (SMA, EMA, WMA) and ATR multipliers.
Bands are positioned below the price in an uptrend and above the price in a downtrend, offering clear trend direction visualization.
Signal System:
Signals are generated when price interacts with the bands:
Signal 1: Triggered when the price touches Band 1, indicating a minor pullback within the trend.
Signal 2: Triggered at Band 2, showing a stronger price deviation and trend confirmation.
Signal 3: Triggered at Band 3, representing the most significant price deviation and strongest trend signal.
The further the price deviates from the mean, the stronger the trend signal, with Signal 3 being the most robust.
Color-Coded Bands:
Bands dynamically change color based on the trend direction:
Green bands signify an uptrend.
Brown bands signify a downtrend.
Dynamic Trend Line Changes:
Dashed lines highlight trend changes, helping traders visualize key turning points in the market.
🔵 Usage:
Use the bands to identify trend direction and strength.
Monitor the signal system to assess the level of price deviation and potential pullback strength.
Combine Signal 1, 2, and 3 to confirm trend momentum:
Signal 1 suggests a weaker pullback and continuation.
Signal 2 indicates a stronger trend confirmation.
Signal 3 highlights the strongest momentum and potential exhaustion points.
Utilize the color-coded bands for an intuitive understanding of current market conditions.
The Triple Trend Indicator is an ideal tool for trend traders looking for structured signals and dynamic support and resistance levels to optimize entries and exits.
Reversal rehersal v1This indicator was designed to identify potential market reversal zones using a combination of RSI thresholds (shooting range/falling range), candlestick patterns, and Fair Value Gaps (FVGs). By combining all these elements into one indicator, it allow for outputting high probability buy/sell signals for use by scalpers on low timeframes like 1-15 mins, for quick but small profits.
Note: that this has been mainly tested on DE40 index on the 1 min timeframe, and need to be adjusted to whichever timeframe and symbol you intend to use. Refer to the backtester feature for checking if this indicator may work for you.
The indicator use RSI ranges from two timeframes to highlight where momentum is building up. During these areas, it will look for certain candlestick patterns (Sweeps as the primary one) and check for existance of fair value gaps to further enhance the hitrate of the signal.
The logic for FVG detection was based on ©pmk07's work with MTF FVG tiny indicator. Several major changes was implemented though and incorporated into this indicator. Among these are:
Automatically adjustments of FVG boxes when mitigated partially and options to extend/cull boxes for performance and clarity.
Backtesting Table (Experimental):
This indicator also features an optional simplified table to review historical theoretical performance of signals, including win rate, profit/loss, and trade statistics. This does not take commision or slippage into consideration.
Usage Notes:
Setup:
1. Add the indicator to your chart.
2. Decide if you want to use Long or Short (or both).
3. If you're scalping on ie. 1 min time frame, make sure to set FVG's to higher timeframes (ie. 5, 15, 60).
4. Enable the 'Show backtest results' and adjust the 'Signals' og 'Take profit' and 'Stop loss' values until you are satisfied with the results.
Use:
1. Setup an alert based on either of the 'BullishShooting range' or 'BearishFalling range' alerts. This will draw your attention to watch for the possible setups.
2. Verify if there's a significant imbalance prior to the signal before taking the trade. Otherwise this may invalidate the setup.
3. Once a signal is shown on the graph (either Green arrow up for buys/Red arrow down for sells) - you should enter a trade with the given 'Take profit' and 'Stop loss' values.
4. (optional) Setup an alert for either the Strong/Weak signals. Which corresponds to when one of the arrows are printed.
Important: This is the way I use it myself, but use at own risk and remember to combine with other indicators for further confluence. Remember this is no crystal ball and I do not guarantee profitable results. The indicator merely show signals with high probability setups for scalping.
Earnings Expansion ProjectionThis indicator has no counterpart in the platform and is a professional-grade earnings visualization tool that plots EPS expansion directly on your charts, inspired by institutional-level technical analysis platforms.
The indicator creates a distinctive earnings expansion projection curve that can be a leading indicator of price direction moves.
Key features:
Clean, institutional-style, EPS-expansion projection line overlaid on price action
Visual earnings surprise indicators with beat/miss multipliers
Dashboard for rapid fundamental assessment including the stocks win rate on beatings / missing earnings historically and other fundamental information not readily available on Tradingview
What is it doing?
It collects all earnings results available and will interpolate the numbers so that we see earnings expansion as a curve.
The video below describes usage
Note: Valid on the weekly time-frame only.
Volumized Order Blocks | Flux ChartsOrder Blocks and Volume
Order Block Detection: The script identifies bullish and bearish order blocks based on price action and volume analysis. An Order Block typically forms when there is a strong move in price accompanied by significant volume, and it is seen as a potential level for price to return to or react at.
Swing Detection: The script looks for price swings (peaks and troughs) within a specified period (swingLength) and identifies these as potential starting points for order blocks.
Zone Types:
Bullish Order Blocks: Formed when price makes a strong upward move with accompanying high volume.
Bearish Order Blocks: Formed when price makes a strong downward move with high volume.
Order Block Validity: The order blocks can become invalid (a "breaker") if price moves past certain levels (depending on whether the obEndMethod is "Wick" or "Close").
Timeframes
The script supports multi-timeframe analysis. You can enable different timeframes for order block detection, and it will combine information from different timeframes for a more comprehensive analysis.
Visualization
Boxes: Bullish and bearish order blocks are drawn on the chart as boxes, with different colors representing the order type.
Volume Information: The script also displays volume-related information in the order block boxes, including the high and low volume levels within the block.
Combining Order Blocks
The script supports combining overlapping or touching order blocks into a single larger order block for a more refined visual representation. The combined blocks will have aggregated volume and other attributes.
Configuration Options
Show Historic Zones: Allows displaying older order blocks.
Volumetric Info: Option to display volume data within the order blocks.
Extend Zones: Configurable distance for extending the order blocks on the chart.
Text Display: Shows additional information (like the timeframe) on the order blocks.
Key Functions:
findOrderBlocks(): Main function that detects order blocks based on price action and volume.
combineOBsFunc(): Combines overlapping order blocks.
renderOrderBlock(): Renders the detected order blocks visually on the chart.
Advanced Features:
Dynamic Zone Extension: The zones can be dynamically extended based on the volatility of the market.
Volume Bars: Volume is visualized in the form of bars, either to the left or right of the order block zones.
Execution Flow:
Swing Detection: First, it detects significant price swings to identify potential order block zones.
Order Block Creation: Based on the detected swings, the script creates order blocks, calculating their volume, type (bullish or bearish), and other properties.
Order Block Rendering: The script then renders these order blocks on the chart, along with volume information and optional combined text from multiple timeframes.
Validation and Cleanup: The script regularly checks and cleans up invalidated order blocks to ensure the chart remains up-to-date with valid zones.
Conclusion
This script is primarily used for traders who want to identify potential support and resistance zones based on institutional order flow and price action. By using order blocks, traders can visualize key market areas where price might reverse or consolidate. The script's multi-timeframe capabilities allow for a more robust and thorough analysis, making it a powerful tool for technical analysis.
Let me know if you need help with any specific part of the code!
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Micha Stocks Custom WatermarkThis Pine Script v5 indicator adds a customizable watermark to TradingView charts, displaying key stock information while allowing for flexible positioning and formatting.
📌 Features & Functionality:
✅ Custom Positioning:
• Fixed to the top-left corner.
• Adjustable spacing ensures the text is properly aligned.
✅ Displayed Information (Configurable):
• Company Name & Market Cap (Optional: Shows dynamically calculated market cap)
• Stock Ticker & Timeframe
• Industry & Sector
✅ Customization Options:
• Font Size: Huge, Large, Normal, Small
• Text Color & Transparency: Adjustable
• Proper Left Alignment for a clean, structured display
• Vertical Offset Tweaks to move text down for better visibility
✅ Optimized Table Layout:
• Uses table.new() for persistent placement.
• Added an empty row to fine-tune positioning, ensuring the watermark doesn’t overlap key chart areas.
🔧 Use Case:
Designed for traders who want a clear, customizable stock watermark to enhance their charting experience without obstructing price action.
VSA Confirming signalsThis indicator shows VSA confirming signals
1. Shakeout / Down Thrust
2. Upthrust
3. No Supply
4. No Demand
UNITY SMART SIGNAL PROUNITY SMART SIGNAL PRO Indicator Formula:
UNITY SMART SIGNAL PRO indicator ko calculate karne ke liye two main parameters ki zarurat hoti hai:
Average True Range (ATR) – Yeh volatility ka measure hota hai.
Multiplier – Iska use ATR ko scale karne ke liye hota hai.
Super Trend ki formula yeh hai:
Up Trend: (Previous Super Trend) + (Multiplier × ATR)
Down Trend: (Previous Super Trend) - (Multiplier × ATR)
Calculation Steps:
Calculate ATR (Average True Range): ATR ko calculate karne ke liye, aapko har period ke liye True Range (TR) calculate karni hoti hai. True Range ko is formula se calculate kiya jata hai:
𝑇
𝑅
=
Max
(
High
−
Low
,
∣
High
−
Previous Close
∣
,
∣
Low
−
Previous Close
∣
)
TR=Max(High−Low,∣High−Previous Close∣,∣Low−Previous Close∣)
ATR ko ek certain number of periods (usually 14) ke liye average kiya jata hai.
Multiplier Selection: Multiplier ko usually 1.5, 2 ya 3 rakha jata hai. Yeh value aap market ki volatility ke hisaab se adjust kar sakte hain.
UNITY SMART SIGNAL PRO Calculation:
Agar price current bar mein above UNITY SMART SIGNAL PRO value hai, toh trend upward hai.
Agar price current bar mein below UNITY SMART SIGNAL PRO value hai, toh trend downward hai.
Example:
Up Trend (when price is above the Super Trend line):
Super Trend value = (Previous Super Trend value) + (Multiplier × ATR)
Down Trend (when price is below the Super Trend line):
Super Trend value = (Previous Super Trend value) - (Multiplier × ATR)
Fibonacci Retracement/ExtensionThis Pine Script code implements Fibonacci retracement and extension levels based on a ZigZag pattern. Below is a breakdown of its functionality:
Overview
The script calculates Fibonacci retracement and extension levels by identifying swing highs and swing lows using the ZigZag algorithm. It then plots these levels on the chart for trend analysis.
1. ZigZag Length Input
Defines the ZigZag length, which determines the sensitivity of peak and trough identification.
2. Fibonacci Retracement Calculation
Computes Fibonacci retracement levels using swing highs and lows.
Uses pre-defined Fibonacci ratios (0.236, 0.382, 0.5, 0.618, 0.786, 1.0).
Adjusts line positions dynamically as the trend evolves.
3. Fibonacci Extension Calculation
Identifies Fibonacci extension levels for future price targets.
Uses previous ZigZag patterns to estimate potential price movements.
4. Trend and Fibonacci Configuration
Allows the user to configure Fibonacci trend analysis.
TrendSw: Sets the trend direction (1 = Bullish, -1 = Bearish, 0 = None).
ZigZagleg: Determines the countback value for retracement calculations.
Percentage Retracement from ATH█ OVERVIEW
The Percentage Retracement from ATH indicator is a dynamic trading utility designed to help traders gauge market pullbacks from the peak price. By calculating key retracement levels based on the All-Time High (ATH) and user‑defined percentage inputs, it offers clear visual cues to assist in identifying potential support and resistance zones.
█ KEY FEATURES
Custom Date — Use a custom start date so the indicator only considers specified price action.
Retracement Calculation — Determines ATH and calculates levels based on user‑defined percentages (0% to –100%).
Visual Customisation — Plots configurable horizontal lines and labels showing retracement percentages and prices.
Time Filtering — Uses time filtering to base levels on the desired data period.
█ PURPOSE
Assist traders in visualising the depth of price retracements from recent or historical peaks.
Identify critical zones where the market may find support or resistance after reaching an ATH.
Facilitate more informed entry and exit decisions by clearly demarcating retracement levels on the chart.
█ IDEAL USERS
Swing Traders — Looking to exploit pullbacks following strong upward moves.
Technical Analysts — Interested in pinpointing key retracement levels as potential reversal or continuation points.
Price Action Traders — Focused on the nuances of market peaks and subsequent corrections.
Strategy Developers — Keen to backtest and refine approaches centred on retracement dynamics.
Supply Demand basicShow BoS and potential Supply & Demand Zone
Ajust parameters to match with your TF in order to make this tool as usefull as possible for you.
It help to see potential interesting levels
SMT Divergence [TakingProphets]The SMT (Smart Money Technique) Divergence indicator identifies potential market manipulation and smart money footprints by comparing price action between correlated instruments. It uses a dual-detection system to catch both frequent local SMTs and larger structural SMTs:
• Primary detection uses a shorter lookback period (default 5) to identify common SMT patterns
• Secondary detection uses a longer lookback period (default 8) to catch larger structural SMTs
• Automatically filters significant moves to prevent noise
• Labels are placed clearly outside of price action for better visibility
• Toggle between showing all SMTs or only significant liquidity sweeps
Compare any two instruments to spot divergences in their price action. Particularly useful for:
- Futures vs Spot markets
- Related currency pairs
- Index vs its components
- Any correlated instruments
Default settings are optimized for intraday trading but can be adjusted for different timeframes.
Note: This indicator works best when comparing closely correlated instruments and should be used alongside other technical analysis tools.
Position Tracker 1.0Position Tracker 1.0 allows users to input their position using USD, quantity, or a DCA approach while setting take profit (TP) and stop loss (SL) levels based on either fixed dollar values or percentages. The indicator provides optional markers for TP/SL crossings and an entry label showing key trade details. A live tracker can be enabled for real-time P&L updates, and all visual elements are customizable for clarity and preference.
Instructions for Position Tracker 1.0
1. Input Method & Position Details:
* Choose between USD, Quantity, or DCA.
* Enter your entry price, entry time, investment amount, or quantity as needed.
2. TP & SL Setup:
* For each TP (up to 5) and the SL, select whether to use a fixed dollar target or a percentage
target relative to your entry price.
* Enter the corresponding price (if using Dollar) or percentage (if using Percentage).
* For TPs, specify the percentage of your position to sell when the level is hit.
3. Marker & Display Options:
* Toggle the TP and SL crossing markers on or off.
* Adjust which details (Price, Diff, Sell for TP; Price, Diff, Loss for SL) are shown on the labels.
* The entry label always shows the Avg. Cost and can optionally include the quantity, invested
amount, and live tracker (real-time P&L).
4. Visual Customization:
* Change text size, marker size, and colors for profit, loss, TP, and SL lines as desired.
Drawdown Visualisation█ OVERVIEW
The Drawdown Visualisation indicator calculates and displays the instrument’s drawdown (in percent) relative to its all‐time high (ATH) from a user‐defined start date. It provides customisable options for label appearance, threshold lines (0%, –50%, –100%), and can plot historic drawdown levels via pivot detection.
█ USAGE
This indicator should be used with the Percentage Retracement from ATH indicator.
█ KEY FEATURES
Custom Date Settings — Use a custom start date so that only specified price action is considered.
Retracement Level Calculation — Determines ATH and computes multiple retracement levels using percentages from 0% to –100%.
Visual Signals and Customisation — Plots configurable horizontal lines and labels that display retracement percentages and prices.
Time Filtering — Bases calculations on data from the desired time period.
Historic Drawdowns — Display historical drawdowns
█ PURPOSE
Assist traders in visualising the depth of price retracements from recent or historical peaks.
Identify critical zones where the market may find support or resistance after reaching an ATH.
Facilitate more informed entry and exit decisions by clearly demarcating retracement levels on the chart.
█ IDEAL USERS
Swing Traders — Looking to exploit pullbacks following strong upward moves.
Technical Analysts — Interested in pinpointing key retracement levels as potential reversal or continuation points.
Price Action Traders — Focused on the nuances of market peaks and subsequent corrections.
Strategy Developers — Keen to backtest and refine approaches centred on retracement dynamics.
Improved SupertrendThe Improved Supertrend indicator is an improved version of the standard Supertrend indicator, which is used to identify market trends and provide trade entry signals. It combines the principles of ATR (Average True Range) to calculate volatility and trend direction.
Early MACD Reversal IndicatorThis indicator should provide early warnings of potential price reversal based on the difference between the MACD and its signal line. The keys of the reversal come from creating a histogram of the difference between the two lines and further monitoring the first indications of breadth decrease. The first change when trending up will paint a red vertical line and downward triangle to indicate potential trend reversal to the low side. The opposite with a green vertical line and upward triangle signals potential upside movement soon.
Enjoy!
Made by Karan targetcandlestick basis target .this also includes my strategy about 4 years of experiences.
MERSAT-1 by Dr Abiram SivprasadDescription
MERSAT is a sophisticated and versatile TradingView indicator designed to help traders identify key market trends, liquidity zones, and potential reversal points. Developed by Dr. Abiram Sivprasad, this indicator combines advanced calculations like the Saturn (Variable Index Dynamic Average), Average True Range (ATR), and MERCURY-PRO to provide a comprehensive view of market dynamics.
The indicator is particularly useful for:
Trend Identification: Detects uptrends and downtrends using dynamic bands and crossovers.
Liquidity Zones: Highlights support and resistance levels based on pivot highs and lows.
Volume Analysis: Tracks volume accumulation during trends and provides delta volume percentages.
Reversal Signals: Marks potential trend reversals with clear visual cues.
Customizable Inputs: Allows users to adjust parameters like Saturn Length, Momentum, and Band Distance for personalized trading strategies.
Key Features
Saturn Calculation:
A dynamic moving average that adapts to market momentum.
Combines price action and momentum to smooth out noise and highlight trends.
Upper and Lower Bands:
Derived from Saturn and ATR, these bands act as dynamic support and resistance levels.
Adjustable distance factor for precise control over band placement.
Pivot Highs and Lows:
Identifies significant price pivots to mark liquidity zones.
Plots lines for support (pivot lows) and resistance (pivot highs).
Volume Accumulation:
Tracks volume during uptrends and downtrends.
Displays delta volume percentage to gauge market strength.
Trend Visualization:
Uses color-coded plots and labels to indicate trend direction (uptrend or downtrend).
Includes trend change markers (▲ for uptrend, ▼ for downtrend).
MERCURY-PRO Integration:
A secondary calculation method based on Chande Momentum Oscillator (CMO) or Standard Deviation.
Provides additional confirmation for trend changes and momentum shifts.
Customizable Colors:
Choose colors for uptrends, downtrends, and shadows to match your chart theme.
Input Parameters
Saturn Length: Length of the Saturn calculation (default: 10).
Saturn Momentum: Momentum length for Saturn (default: 20).
Band Distance: Distance factor for upper and lower bands (default: 2).
Source: Price source for calculations (default: Close).
Trend Colors: Customize colors for uptrends and downtrends.
Shadow: Enable/disable shadow effect for trend visualization.
How to Use
Trend Identification:
Look for the color-coded trend line (Saturn) to determine the current market trend.
Uptrends are highlighted in green, while downtrends are highlighted in red.
Liquidity Zones:
Pivot highs and lows are marked with horizontal lines.
These zones act as potential support and resistance levels.
Volume Analysis:
Monitor the delta volume percentage to assess market strength.
Higher delta values indicate stronger buying or selling pressure.
Reversal Signals:
Watch for trend change markers (▲ or ▼) near the Saturn line.
These signals can indicate potential trend reversals.
MERCURY-PRO Confirmation:
Use the MERCURY-PRO plot to confirm trend changes and momentum shifts.
A crossover in MERCURY-PRO can act as an additional signal for entry or exit.
Disclaimer
This indicator is provided for educational and informational purposes only. It is not intended as financial advice, and you should not rely on it as such. Trading in financial markets involves significant risk, and you should only trade with money you can afford to lose.
The developer, Dr. Abiram Sivprasad, and the publisher of this indicator are not responsible for any losses or damages incurred as a result of using this tool. Always conduct your own research and consult with a licensed financial advisor before making any trading decisions.
PRIME RSIThe "PRIME RSI" is a custom variation of the traditional RSI (Relative Strength Index) that offers enhanced flexibility and precision. This indicator provides an adaptable approach for tracking market conditions across different timeframes, making it an ideal tool for both short-term and long-term traders.
Key Features:
Custom Timeframe Selection: Users can select any timeframe to calculate the RSI, providing the ability to analyze data beyond the current chart's timeframe.
Smoothing Methods: Choose between Exponential Moving Average (EMA), Simple Moving Average (SMA), or the Relative Moving Average (RMA) for smoother, more accurate RSI values.
Signal Line: The signal line is smoothed using the selected method and visualized with dynamic coloring to indicate bullish (green) or bearish (red) market conditions.
Overbought/Oversold Levels: Clear levels at 70 (overbought) and 30 (oversold), with fill zones to highlight extreme market conditions, helping traders spot potential reversal points.
Midline at 50: The centerline at 50 serves as a neutral zone, allowing traders to identify shifts in market momentum quickly.
Practical Use:
Trend Confirmation: Use the PRIME RSI to confirm the prevailing market trend, with signals above 50 suggesting bullish momentum and signals below 50 indicating bearish trends.
Overbought/Oversold Conditions: The indicator’s overbought and oversold regions help pinpoint potential market reversals, giving traders valuable entry and exit signals.
Ideal For: All types of traders who want a more flexible and customizable RSI for better trend analysis, especially those working with smaller timeframes or seeking a more responsive momentum indicator.
Average Price in Time PeriodsThis Pine Script calculates and displays average prices for two specific time ranges during a trading day: from 09:00 to 22:30 and from 22:30 to 09:00. It updates the average prices by summing the closing prices in each time frame and then plots them as green and red lines, respectively. The script also displays black lines outside these specific time ranges to prevent "gaps" in the chart during off-peak hours. The displayed lines are dynamically adjusted based on the current time, with the green line for 09:00-22:30 and the red line for 22:30-09:00.
b1r1nc1 buy-sell signals (MA + MACD + RSI)Kodun Açıklaması
Hareketli Ortalama (MA):
Kısa ve uzun dönem hareketli ortalamalar hesaplanır.
Alım sinyali: Kısa MA, uzun MA'yı yukarı keser.
Satım sinyali: Kısa MA, uzun MA'yı aşağı keser.
MACD:
MACD çizgisi (macd_line) ve sinyal çizgisi (signal_line) hesaplanır.
Alım sinyali: MACD çizgisi, sinyal çizgisinin üzerinde olmalıdır.
Satım sinyali: MACD çizgisi, sinyal çizgisinin altında olmalıdır.
RSI:
RSI değeri hesaplanır.
Alım sinyali: RSI, aşırı satım seviyesinin (örneğin 30) altında olmalıdır.
Satım sinyali: RSI, aşırı alım seviyesinin (örneğin 70) üzerinde olmalıdır.
Kombine Sinyaller:
Alım sinyali: Kısa MA > Uzun MA ve MACD çizgisi > Sinyal çizgisi ve RSI < 70.
Satım sinyali: Kısa MA < Uzun MA ve MACD çizgisi < Sinyal çizgisi ve RSI > 30.
Grafik Üzerinde Gösterme:
Alım ve satım sinyalleri grafik üzerinde etiketlerle gösterilir.
Hareketli ortalamalar, MACD çizgisi ve RSI değeri grafik üzerinde çizilir.
Örnek Senaryolar
Alım Sinyali:
Kısa dönem MA, uzun dönem MA'yı yukarı keser.
MACD çizgisi, sinyal çizgisinin üzerindedir.
RSI değeri 70'in altındadır (aşırı alım bölgesinde değil).
Satım Sinyali:
Kısa dönem MA, uzun dönem MA'yı aşağı keser.
MACD çizgisi, sinyal çizgisinin altındadır.
RSI değeri 30'un üzerindedir (aşırı satım bölgesinde değil).
Özelleştirme İpuçları
Parametreleri Ayarlama:
Hareketli ortalama, MACD ve RSI parametrelerini kendi stratejinize göre ayarlayabilirsiniz.
Örneğin, MACD için hızlı ve yavaş EMA uzunluklarını değiştirebilirsiniz.
Filtreler Ekleme:
Sinyalleri daha da hassaslaştırmak için ek filtreler ekleyebilirsiniz. Örneğin, hacim veya volatilite göstergeleri kullanabilirsiniz.
Stratejiye Dönüştürme:
Bu kodu bir stratejiye dönüştürerek backtest yapabilirsiniz:
Romlops MA'sThis is an indicator that lets you have up to 5 EMA's and 5 SMA's, plus 2 extra MA's for price forecasting for BTC.
