Swing Failure Pattern (SFP) with AlertsSwing Failure Pattern (SFP) — Indicator Overview
Detects classic Swing Failure Patterns and their confirmations, with optional volume validation and EMA-based trend/reversal filters. Includes convenient alert categories.
1) What are SFPs?
Price briefly breaks a prior swing high/low (liquidity grab), fails to continue, and snaps back inside the range — often a potential reversal from trapped breakout participants.
2) What the indicator plots
SFP candle: wick extending beyond the previous swing (bearish above a swing high, bullish below a swing low).
Opposite/confirmation level: dotted level derived from the opposite side of the swing structure.
Confirmation: a later close beyond the opposite level; optional ▲/▼ triangles can appear with the “SFP” labels.
Two moving averages: fast/slow MAs for context (plot type selectable); style (color/width) set in the Style tab.
3) Volume validation (optional)
Uses a lower timeframe to compare the share of volume outside the swing level (wick area) against a threshold.
None: Use when volume data is questionable (CFDs/FX) or when you want maximum SFP visibility and rely on price confirmation only.
Volume outside swing < Threshold: Default for ranges/quiet phases. Idea: thin volume outside the level suggests a liquidity sweep rather than a true breakout. Start with 20–30%. Fewer but cleaner setups; works well near HTF zones (Daily/4H).
Volume outside swing > Threshold: For news/volatility/capitulation spikes. Idea: heavy pressure beyond the level was absorbed (long wick) — strong reversals possible but more false signals. Start with 50–60%. Always wait for price confirmation.
You can auto-select a lower timeframe or set one manually for the volume check.
4) EMA filter: Trend vs. Reversal
Filtering uses EMAs of the chosen fast/slow lengths (independent of the plotted MA type).
NO MA-Filter: no EMA condition; all SFPs allowed.
Reversal Signal: bullish SFP only if fast EMA < slow EMA ; bearish SFP only if fast EMA > slow EMA .
Trend Follow: bullish SFP only if fast EMA > slow EMA ; bearish SFP only if fast EMA < slow EMA .
Tip: MA colors/widths are controlled in the Style tab; the EMA filter logic isn’t affected by the plotted MA type.
5) Alerts
Multiple alert categories let you react to events like any bullish/bearish signal, SFP detected, and confirmation occurred — without listing each individual condition. Create an alert on the indicator and pick what fits your workflow.
Always trade without risk management.
Reminder: Backtest, align with HTF context and sessions, and use solid risk management.
نماذج فنيه
SatoshiFrame Pivot DetectorThis script detects pivot highs and lows on the chart and plots the last three pivots as fixed horizontal rays that do not shift when the chart moves. It also optionally displays labels for each pivot and can color the levels based on strength thresholds.
BTC Lead(v3.32)Summary
A 15-minute, BTC-focused lead/divergence indicator designed for simple execution: when a ▲/▼ appears, start scaling in with small clips; when a ■ (black square) prints, it means the indicator’s edge has weakened (not that the market trend is over). Real-time expected move label and alert templates included. Do not fade the signal—if you must try the opposite side, wait until a ■ appears.
How to read the signals
▲ Green → Long bias increased
▼ Pink → Short bias increased
■ Black → Edge weakened; consider taking profits/standing aside
Multiple level markers on the same bar (L2/L3/L4) = stronger setup
Live label (top of chart)
A single line shows the Expected Move (%) with arrow and color-coded background (↑ green / ↓ pink) for instant direction clarity.
Tip: Use Replay to watch label → ▲/▼ → ■ sequences on past data.
Confidence filter (important)
|Expected Move| < 1% → treat as noise / ignore
If considering the opposite direction, wait for a ■ first (edge reduced).
Scope
Internal calculations are fixed to 15-minute resolution.
Built for BTC 15m. It may display on other crypto symbols/timeframes, but performance is not guaranteed.
Alerts
Ready-made conditions: ENTRY LONG / ENTRY SHORT / EXIT LONG / EXIT SHORT. Add an alert on this indicator and choose the condition you want.
Risk note
For research/education only. Past behavior doesn’t guarantee future results. Predefine position sizing, stops, and profit-taking, and execute consistently.
BTC Lead(v3.31)Summary
A 15-minute, BTC-focused lead/divergence indicator designed for simple execution: when a ▲/▼ appears, start scaling in with small clips; when a ■ (black square) prints, it means the indicator’s edge has weakened (not that the market trend is over). Real-time expected move label and alert templates included. Do not fade the signal—if you must try the opposite side, wait until a ■ appears.
How to read the signals
▲ Green → Long bias increased
▼ Pink → Short bias increased
■ Black → Edge weakened; consider taking profits/standing aside
Multiple level markers on the same bar (L2/L3/L4) = stronger setup
Live label (top of chart)
A single line shows the Expected Move (%) with arrow and color-coded background (↑ green / ↓ pink) for instant direction clarity.
Tip: Use Replay to watch label → ▲/▼ → ■ sequences on past data.
Confidence filter (important)
|Expected Move| < 1% → treat as noise / ignore
If considering the opposite direction, wait for a ■ first (edge reduced).
Scope
Internal calculations are fixed to 15-minute resolution.
Built for BTC 15m. It may display on other crypto symbols/timeframes, but performance is not guaranteed.
Alerts
Ready-made conditions: ENTRY LONG / ENTRY SHORT / EXIT LONG / EXIT SHORT. Add an alert on this indicator and choose the condition you want.
Risk note
For research/education only. Past behavior doesn’t guarantee future results. Predefine position sizing, stops, and profit-taking, and execute consistently.
Round Levels (.000 endings)his indicator automatically detects and marks horizontal price levels that end with trailing zeros (psychological round numbers). Examples: 1.17000, 1.16900, 1.16800 etc. These levels often act as strong support or resistance zones because traders and institutions tend to place orders around round numbers.
Features:
Plots horizontal lines at configurable “round” intervals (e.g., .000, .050, .500).
Option to select how many levels above and below current price to display.
Labels each level with its exact price for easy identification.
Helps visualize psychological levels, institutional zones, and round-number trading strategies.
Use Cases:
Spotting potential reversal zones where many traders cluster orders.
Enhancing confluence with other tools (support/resistance, Fibonacci, supply/demand).
Works on all assets (Forex, Stocks, Crypto, Indices) and all timeframes.
Large Bar ATR HighlighterAn advanced volatility indicator that highlights bars based on their size relative to Daily ATR (Average True Range).
Features configurable lookback periods to detect cumulative volatility across multiple bars, with visual highlighting, background coloring, shape markers, and comprehensive status line data. Perfect for identifying significant price movements and volatility clusters in any timeframe. Includes real-time table with threshold monitoring and alert capabilities.
Hammer Candle Detector with ATR Wick ConditionThis script detects Hammer candlesticks on any timeframe chart.
Conditions for a valid Hammer:
1. Small body near the top of the candle range (≤30% of total range)
2. Lower shadow at least 2× the body
3. Small or no upper shadow (≤30% of body)
4. Lower wick height must be greater than half of ATR(14)
A triangle marker is plotted below each candle that meets these conditions.
Estratégia MSB AnúbisThe MSB Anubis Strategy combines RSI, volume, and divergences to identify potential reversal points with greater accuracy.
It includes the 200-period SMA as a trend filter, providing additional context
Gustavo Status barA Pine Script v6 chart overlay that shows a persistent status table with continuously updating Buy/Sell percentages, driven by 15-minute microstructure but governed (and capped) by the selected main timeframe’s market structure (default 1H) using HH/HL vs LL/LH with smooth easing.
4H IB + BO Midpoint – [SANIXLAB]This indicator plots the Initial Balance (IB) high and low for each 4-hour period and automatically calculates potential breakout levels and midpoints.
At the start of every new 4-hour block the script:
Captures that block’s high and low (Initial Balance),
Draws horizontal lines at the IB high, low and midpoint,
Calculates breakout targets above and below the IB using (optional) extension factor,
Creates horizontal lines at those breakout levels and their midpoint,
Breakout areas extend as new bars arrive.
MR.L
FrameBox — Configurable Timeframe Candle GroupsVisualize candle clusters with configurable timeframe boxes and numeric counts. Perfect for high timeframe (HTF) analysis, spotting consolidation zones, and tracking bullish/bearish periods across any chart.
Highlight periods of any configurable timeframe with colored boxes
Numeric labels show candle positions within each period
Retains previous periods for context and trend analysis
Ideal for HTF analysis on lower timeframe charts
Clean, non-intrusive, and easy to read
How to Use:
Set your Reference Timeframe: Select the higher timeframe (HTF) you want to analyze. FrameBox will group lower timeframe (LTF) candles into periods that match the selected HTF, giving you higher timeframe context on your chart.
Read the Candle Numbers: Each candle shows its position in the period. For example, "1" is the first candle, "5" is the fifth candle in a 5-candle period.
Observe the Boxes: Colored boxes highlight each period. Green = bullish period (close ≥ open), Red = bearish period (close < open). Use these boxes to spot trend direction and consolidation zones.
HTF Analysis: FrameBox works even on lower timeframe charts. Compare the period boxes to higher timeframe trends to make better decisions.
Context & Strategy: Retained previous periods give visual context for support/resistance. Use this to identify breakouts, reversals, or consolidation areas.
Important Note: FrameBox works best when the chart timeframe is equal to or lower than the selected reference timeframe. If the chart timeframe is higher than the reference timeframe, each chart candle will represent an entire period, and candle counting may show "1" for each candle.
BTC Spread: Coinbase Spot vs CME Futures (skullcap)BTC Spread: Coinbase Spot vs CME Futures
This indicator plots the real-time spread between Coinbase Spot BTC (COINBASE:BTCUSD) and CME Bitcoin Futures (CME:BTC1!).
It allows traders to monitor the premium or discount between spot and futures markets directly in one chart.
⸻
📊 How it Works
• The script pulls Coinbase spot BTC closing prices and CME front-month BTC futures prices on your selected timeframe.
• The spread is calculated as:
Spread = CME Price – Coinbase Spot Price
🔧 How to Use
1. Add the indicator to your chart (set to any timeframe you prefer).
2. The orange line represents the spread (USD difference).
3. The grey dashed line marks the zero level (parity between CME and Coinbase).
4. Use it to:
• Compare futures vs. spot market structure
• Track premium/discount cycles around funding or expiry
• Identify arbitrage opportunities or market dislocations
⸻
⚠️ Notes
• This indicator is informational only and does not provide trading signals.
• Useful for traders analysing derivatives vs spot price action.
• Works best when paired with order flow, funding rate, and open interest data.
8 EMA/SMA + HMA + Pivot PointsMultiple customizeable Moing average indictors including Hall moving average, Exponential Moving average. Also includes Pivot Point indicator as an all-in-one indicator
NASDAQ VWAP Distance Histogram (Multi-Symbol)📊 VWAP Distance Histogram (Multi-Symbol)
This custom indicator plots a histogram of price strength relative to the VWAP (Volume-Weighted Average Price).
The zero line is VWAP.
Histogram bars above zero = price trading above VWAP (strength).
Histogram bars below zero = price trading below VWAP (weakness).
Unlike a standard VWAP overlay, this tool lets you monitor multiple symbols at once and aggregates them into a single, easy-to-read histogram.
🔑 Features
Multi-Symbol Support → Track up to 10 different tickers plus the chart symbol.
Aggregation Options → Choose between average or median deviation across enabled symbols.
Percent or Raw Values → Display distance from VWAP as % of price or raw price points.
Smoothing → Apply EMA smoothing to calm intraday noise.
Color-Coded Histogram → Green above VWAP, red below.
Alerts → Trigger when the aggregate crosses above/below VWAP.
Heads-Up Table → Shows number of symbols tracked and current aggregate reading.
⚡ Use Cases
Market Breadth via VWAP → Monitor whether your basket of stocks is trading above or below VWAP.
Index Substitution → Create your own “mini index” by tracking a hand-picked set of tickers.
Intraday Confirmation → Use aggregate VWAP strength/weakness to confirm entries and exits.
Relative Strength Spotting → Switch on/off specific tickers to see who’s holding above VWAP vs. breaking down.
🛠️ Settings
Include Chart Symbol → Toggle to include the current chart’s ticker.
Smoothing → EMA length (set to 0 to disable).
Percent Mode → Show results as % of price vs. raw difference.
Aggregate Mode → Average or median across all active symbols.
Symbol Slots (S1–S10) → Enter tickers to track alongside the chart.
⚠️ Notes
Works best on intraday charts since VWAP is session-based.
Designed for confirmation, not as a standalone entry/exit signal.
Ensure correct symbol format (e.g., NASDAQ:AAPL if needed).
✅ Tip: Combine this with your regular price action strategy. For example, if your setup triggers long and the histogram is well above zero, that’s added confirmation. If it’s below zero, caution — the basket shows weakness.
Custom Linear Regression Candles with Real-Time PriceHii this is great indicator to build by chatgpt.
How to use------------
1. It is based on the linear regression formula which gives you accurate market conditions.
2. You can do this with a RSI indicator so you can know overbought and oversell label.
3.If you want to get good accuracy then you can use chart type Heikin Ashi.
Input--------------
1. You can take linear regression length on different timeframes, in my backtest it was
5 to 15 min----30 and 1hour to 4hour---20 and Day---10 you can keep it.
2. You can pinpoint the highs and lows of the linear regression line.
--Please use it and give your feedback.
Option Strike Previous Day high and LowThis script automatically plots the previous day’s High and Low levels for a selected Call (CE) and Put (PE) option contract.
It is designed to help options traders quickly identify important price zones without having to fetch or calculate them manually.
Mandatory to Input expiry like. YYMMDD
Mandatory to Input Strike like. 25350
✨ Key Features:
• Automatically requests previous day High/Low for CE and PE of the chosen strike.
• Full-width horizontal lines for clear visibility across the entire chart.
• Configurable appearance: dashed/solid lines, custom width, and label placement (left/right).
• Optional manual level input for custom support/resistance marking.
• Debug mode available to show the tickers and requested values.
⚙️ How to Use:
1. Choose the underlying root (e.g., NIFTY), expiry (YYMMDD), and strike price.
2. Select whether you want to show CE, PE, or both.
3. Adjust label offset to position tags near the chart’s right edge.
4. Use the manual level input if you want to mark an additional reference line.
💡 Why it’s useful:
Option traders often rely on previous day’s option Highs and Lows as intraday reference zones for support, resistance, and breakout levels. This script makes those levels instantly visible and consistently updated, saving time and reducing manual charting errors.
📌 Notes:
• Works on any timeframe chart of the underlying.
• For best use, apply on the underlying index/stock chart, not on the option itself.
• This script does not generate trading signals or make predictions; it provides levels for reference.
The Duck Model V2ling gong goo ling gong goo. one timg i linged and i gonged and I gooed. IONEVEN EAT COTTAGE CHEEEEEEZE
Qullamaggie High Tight Flag TableThis indicator is a breakout scanner inspired by Qullamaggie's high-tight flag momentum strategy and Stockbee's Momentum Burst setups. It displays a 2x5 table of key technical metrics to identify high-probability long breakout opportunities in trending stocks or crypto on daily charts. The table highlights setups where a stock consolidates tightly after a strong uptrend, signaling potential volatility expansion for sharp upside moves. Green boxes indicate bullish conditions, while alerts notify traders of optimal setups or risks.
Table Box Descriptions
The table is divided into two columns: the left focuses on volatility and range, the right on trend and relative strength. Each cell shows a metric’s value with conditional coloring—green for bullish alignment, red for bearish/unmet conditions, yellow/orange for neutral/warning zones, and consistent transparency (90%) for readability. Below are the updated box descriptions:
ADR (Left, Row 1): Average Daily Range (%) over a user-selectable lookback (5/10/15/20 days, default 20), calculated relative to the previous low, close, or current close (user-selectable). Always green for visibility, with higher values (e.g., ≥6%) indicating volatility suited for breakouts.
Change from Today Low (Left, Row 2): Percentage gain from the current day’s low to close. Green if ≥0% (intraday strength), red if negative (weakness). Signals if the stock is holding support without excessive downside.
ADR Multiples from 50 SMA (Left, Row 3): Price deviation from the 50-day SMA in ADR units (e.g., 6% move above SMA with 1% ADR = 6x). Green (<6x, healthy trend), yellow (6-9x, extended), red (9-14x, overextended), purple (>14x, extreme caution). Identifies coiled setups or overextension risks.
% from 52W Low (Left, Row 4): Percentage distance from the 52-week low. Green if ≥30% (strong recovery from bases), red otherwise. Filters for stocks with significant momentum from yearly lows.
Narrow Range (Left, Row 5): Average daily range (%) over 3-5 days (user-selectable), compared to ADR, with checks for today’s change from low < ADR and volume ≤70% of 20-day average. Optional: limits to one 4%+ drop. Green if range < ADR and volume low (tight consolidation), yellow if range < ADR but volume high, red otherwise. Signals coiling before a breakout.
Percent from Short SMA (Right, Row 1): Percentage deviation from the 10-day SMA. Green if ≥0% (price at/above short-term trend), red if below. Ensures alignment with immediate uptrend support.
VCP Tightness (Right, Row 2): 5-day high-low range as a percentage of the lowest low, with a breakout check (≥12% gain in prior 5-10 days). Shows "Tight: X.XX%" or "N/A". Green if <10% (tight contraction), red otherwise. Captures high-tight flag volatility squeezes.
Days Since 10d > 21d (Right, Row 3): Days since the 10-day SMA crossed above the 21-day SMA. Red if NA or downtrend (10d ≤ 21d), green if ≤10 days (fresh uptrend), yellow if 11-30 days (maturing), orange if >30 days (aging). Tracks trend freshness for timely entries.
% from 52W High (Right, Row 4): Percentage distance from the 52-week high. Green if ≥-25% (near highs), yellow if -25% to -30% (warning zone), red if <-30% (far from highs). Gauges proximity to breakout resistance.
7d SMA vs 65d SMA (Right, Row 5): Percentage difference between 7-day and 65-day SMAs. Green if ≥5% (short-term outpacing long-term), red otherwise. Confirms broader trend acceleration.
Key Features
Ideal Setup: Look for green boxes in Days Since 10d > 21d (≤10), VCP Tightness (<10%), and % from Short SMA (±3%) during a narrow range consolidation near support, signaling a high-probability breakout.
Alerts:
Qullamaggie Breakout Alert: Triggers when ADR ≥6%, Days Since 10d > 21d ≤10, 10d SMA > 21d SMA, VCP Tightness <10%, and price within ±3% of 10d SMA. Signals a high-tight flag breakout setup.
High Tight Flag Good Setup: Triggers when all non-ADR boxes (9 metrics) are green, yellow, or orange (no red or purple). Indicates a strong setup for long entry.
Overextension Warning: Triggers when ADR Multiples from 50 SMA ≥9x (red or purple), warning of pullback risk.
SMA Plots: 10-day (white) and 21-day (green) SMAs, toggleable in settings (off by default).
Customizable: Adjust table position (top/middle/bottom, left/center/right), text/background colors, ADR lookback, narrow range period (3-5 days), and enforce a single 4%+ drop limit.
Usage
Apply to daily charts (e.g., SOLUSDT, AAPL, TSLA) with 100+ bars.
Seek mostly green boxes, especially in Days Since 10d > 21d, VCP Tightness, and % from Short SMA, with rising volume for confirmation.
Use alerts to catch breakouts, strong setups, or overextensions in real-time.
Enable SMA plots to visualize trends if needed.
Handles edge cases (short history, crypto precision) for robust performance.
Note: Not financial advice—combine with your risk management, chart patterns, and market context.
SMC Structure SuiteSMC Structure Suite — BOS, CHOCH & Order Blocks
This indicator provides automated Smart Money Concepts (SMC) tools to help traders analyze market structure objectively. It is designed for traders who want to quickly identify shifts in price behavior without manually marking charts.
Core Features
Market Structure Recognition
Automatically detects Higher Highs (HH), Lower Lows (LL), Higher Lows (HL), and Lower Highs (LH). Detection uses a pullback validation mechanism to confirm swing structure.
BOS & CHOCH Detection
Identifies Break of Structure (BOS) for potential continuation and Change of Character (CHOCH) for possible reversals.
Order Block Highlighting
Marks bullish and bearish order blocks when confirmed by price action. Options allow choosing mitigation style (wick touch or body close). Blocks are hidden when invalidated.
Multi-Timeframe Analysis
Works on any timeframe. Historical analysis allows reviewing past structure.
Customizable Visuals
Colors, label positions, and background style can be adjusted for a clear chart.
Alert System
Alerts are provided for trend changes to monitor potential shifts in market direction in real time.
Disclaimer
This indicator is a tool to assist with chart analysis. It does not guarantee results and is not financial advice. Use appropriate risk management.
FU + SMI Validator (Proper FU, 30m)Overview
The FU + SMI Validator is a sophisticated technical analysis indicator designed to detect Proper FU (Fakeouts or Liquidity Sweeps) on the 30-minute timeframe. This tool aims to help traders identify high-probability reversal setups that occur when price briefly breaks key levels (sweeping liquidity), then reverses with momentum confirmation.
Fakeouts are common market events where price action “hunts stops” before reversing direction. Correctly identifying these events can offer excellent entry points with defined risk. This indicator combines price action logic with momentum and volatility filters to provide reliable signals.
Core Concepts
Proper FU (Fakeout) Detection
At its core, the script identifies proper fakeouts by checking if the current bar’s price:
For bullish fakeouts: dips below the previous bar’s low (sweeping stops) and then closes above the previous bar’s high
For bearish fakeouts: spikes above the previous bar’s high and then closes below the previous bar’s low
This ensures that the breakout is a true sweep rather than just a one-sided close.
Optionally, the script can require one additional confirmation bar after the FU, ensuring that the momentum is sustained and reducing false signals.
SMI-style Momentum Validation
To improve the quality of signals, the indicator uses a proxy for the Stochastic Momentum Index (SMI) by calculating the difference between current and past linear regression slopes of price. This momentum check helps ensure that fakeouts occur alongside actual directional strength.
Key points:
Momentum must be increasing in the direction of the FU signal.
Momentum filters can be enabled or disabled based on user preference.
Squeeze Condition to Avoid Low-Volatility Traps
The script includes a volatility filter based on a squeeze-like condition:
It compares Bollinger Bands (BB) and Keltner Channels (KC).
When BB bands contract inside KC bands, the market is in a squeeze state, signaling low volatility.
Fakeouts during squeeze conditions are often unreliable; the script can filter these out to reduce false alarms.
Killzone Session Timing Filter
Recognizing that liquidity and volatility vary by session, this tool supports optional filtering for:
London Killzone: 09:00 to 10:30 (UK time)
New York Killzone: 13:00 to 14:30 (UK time)
Signals only trigger during these high-activity windows if enabled, helping traders focus on periods with the best liquidity and market participation.
Note: For Killzone filtering to work accurately, your TradingView chart must be set to the UK timezone.
Features & Benefits
Robust FU detection ensures the breakout price action is meaningful, reducing noise.
Momentum filter via linear regression slope captures trend strength in a smooth, mathematically sound way.
Low-volatility squeeze avoidance helps reduce false signals in choppy or range-bound markets.
Killzone timing filter focuses your attention on the most liquid and active market hours.
Optional confirmation bar increases signal reliability.
Raw FU markers allow visualization of all detected fakeouts for pattern recognition and manual analysis.
Alerts built-in for both valid buy and sell FU setups, enabling real-time notification and quicker decision-making.
Customization Options
Killzone usage: Enable or disable the session timing filter.
Sessions: Configure London and New York killzone time ranges.
Momentum alignment: Enable or disable momentum filter based on SMI proxy.
Volatility filter: Avoid signals during squeeze or low-volatility conditions.
FU confirmation: Option to require one additional confirming candle after the initial FU.
Squeeze and momentum parameters: Adjust Bollinger Bands length and multiplier, Keltner Channel length and ATR multiplier.
Raw FU markers: Show or hide all detected fakeouts regardless of filters.
How to Use This Indicator
Apply to 30-minute charts for forex pairs, indices, cryptocurrencies, or other instruments.
Set your chart timezone to UK time if using Killzone filters.
Adjust input parameters based on your preferred sessions and risk tolerance.
Look for green “VALID BUY FU” labels below bars for bullish fakeout entries.
Look for red “VALID SELL FU” labels above bars for bearish fakeout entries.
Use the alert system to receive notifications on setups.
Combine with your existing analysis or risk management strategy for entries, stops, and profit targets.
Why Use FU + SMI Validator?
Fakeouts are some of the most lucrative but tricky setups for many traders. Without proper filters, they can lead to false entries and losses. This script integrates price action, momentum, volatility, and session timing into one package, providing a robust tool to spot high-quality fakeout opportunities and improve trading confidence.
Limitations
Requires chart to be set to UK timezone for session filters.
Designed specifically for 30-minute timeframe — performance on other timeframes may vary.
Momentum is a proxy, not a direct SMI calculation.
Like all indicators, best used in conjunction with sound risk management and other analysis tools.
Potential Enhancements
Conversion into a full strategy script for backtesting entries and exits.
Addition of other momentum indicators (RSI, MACD) or volume filters.
Customizable time zones or auto time zone detection.
Multi-timeframe analysis capabilities.
Visual dashboard for summary of signal stats.
週末線(全時間足対応) © Idakenこのスクリプトは、日本時間の土曜日をチャート全面にハイライト表示します。 1週間を視覚的に区別したいトレーダーに最適です。
This indicator highlights the entire chart during Saturdays in Japan Standard Time (JST). It is ideal for traders who want to visually distinguish each week.
GrowEasy Money## Grow Easy AI Mentor Strategy
### Overview
The *Grow Easy AI Mentor Strategy* is a sophisticated yet beginner-friendly long-only trend-following indicator designed exclusively for the TradingView platform. It embodies the core principles of the Grow Easy AI agent: capital preservation, disciplined risk management, and educational growth. By combining multiple technically sound filters, it identifies high-probability entry and exit points while providing clear visual guidance, making it an ideal tool for new traders seeking sustainable and informed market engagement.
### Core Philosophy
This strategy is built on three foundational pillars:
- **Follow the Trend:** Trades only when price is above the 200-period Simple Moving Average (SMA), ensuring alignment with the long-term market direction.
- **Gauge Momentum:** Uses a dynamic Relative Strength Index (RSI) threshold to confirm strong buying pressure, adjusting sensitivity near recent highs to avoid premature entries.
- **Manage Risk Dynamically:** Employs a volatility-based trailing stop calculated via Average True Range (ATR) multiplied by a user-defined factor, adapting stops to market volatility and protecting profits effectively.
### Key Features & Functionality
- **Intelligent Entry Filters:** Combines long-term trend, momentum, and volatility breakout criteria for filtered and measured entries.
- **Optional Confirmation Filter:** Can wait for price to close above the trigger bar’s high before entry to reduce false signals and whipsaws.
- **Dynamic Trailing Stop:** Adjusts stop loss distance based on market volatility, widening in volatile conditions and tightening in calmer environments.
- **Educational Visuals:**
- Background shading indicates bullish (green) or bearish (red) trends.
- Entry (green triangle) and exit (red triangle) signals provide clear, actionable markers.
- Orange highlights indicate bars awaiting confirmation, promoting disciplined trading patience.
- Real-time label displays the current trend, momentum, volatility levels, and stop price for ongoing market education.
- **Fully Configurable:** All important parameters—ATR multiplier, RSI levels, lookback periods, confirmation toggles—are easily adjustable for various assets and volatility profiles.
- **Agent-Ready Alerts:** Built-in alert conditions allow seamless integration with Grow Easy AI autonomous trading agents or manual monitoring for timely trade execution.
### How to Use
Add the indicator to daily or higher timeframe charts for optimal results. Only consider long trades when buy signals appear, and use alerts for timely notifications. Pair the strategy with a sound risk management plan, such as limiting risk per trade to 1%, to ensure sustainable portfolio growth. Paper trading is recommended before live deployment to familiarize yourself with signal timing and behavior.
### Limitations
This strategy is exclusively long-only and may underperform in sideways or highly choppy markets where trend filters fail to detect clear direction. Adjust ATR multiplier and dynamic RSI thresholds as needed to match the volatility characteristics of individual assets. False signals can occur, especially during low-volume or highly volatile periods, underscoring the importance of risk controls and disciplined trade management.
### Ideal For
- New investors seeking an educational yet practical introduction to trading.
- Disciplined traders who prefer rules-based entries and exits over emotional decisions.
- Automated trading system developers looking for reliable, well-documented signal generation logic.
### In Essence
More than just a trading indicator, *Grow Easy AI Mentor Strategy* acts as a calm, patient mentor on the chart—enforcing disciplined strategy execution, visually explaining every step, and prioritizing risk management to support sustained learning and growth in trading.