Bull/Bear FVG Density RatioThis indicator tracks the directional frequency of Fair Value Gaps (FVGs) over a configurable lookback window, offering a clean, responsive measure of market imbalance.
🔍 What It Does:
Detects bullish and bearish FVGs using a 3-bar displacement logic
Calculates the ratio of FVGs to candles over the last N bars
Plots separate density curves for bullish and bearish FVGs
Includes a threshold line to help identify regime shifts (e.g., drought vs spate)
📈 How to Use:
Use rising density to confirm trend strength or breakout momentum
Watch for crossovers above the threshold to signal active imbalance regimes
Combine with price action or volume overlays for high-confluence setups
⚙️ Inputs:
Lookback Window: Number of candles used to calculate FVG density
Threshold: Visual guide for regime classification (default: 0.2)
This tool is ideal for traders who want to move beyond symptomatic signals and model structural causality. It pairs well with lifecycle scoring, retest velocity, and HTF overlays.
المؤشرات والاستراتيجيات
NQ Gamma LevelsNQ Gamma Levels - Dynamic Options Flow Visualization
This indicator displays gamma exposure levels from QQQ options data, automatically scaled to NQ/MNQ futures prices. Simply copy gamma data from your dashboard and paste it into the indicator to see key support and resistance levels based on dealer positioning.
Features:
- Automatic QQQ to NQ price conversion using live 1-minute ratios
- Visual strength indicators - thicker/longer lines show stronger gamma concentrations
- Customizable colors for positive and negative gamma levels
- Dotted reference lines extending across the chart for easy price tracking
- Updates every minute to prevent chart clutter and jumping levels
- Filters to show only significant levels above your threshold
- Strongest positive and negative levels are automatically highlighted
The solid colored lines represent gamma strength - longer lines indicate higher concentration at that price level. Dotted lines provide continuous reference points across your chart. Green levels typically act as support (dealers long gamma), while red levels often act as resistance (dealers short gamma).
Best used on 1-5 minute timeframes for intraday trading. Paste fresh data from your options flow dashboard whenever you want updated levels.
SPX 1DTE A+ Setup Complete System [v6]A high-probability options scalping strategy using 1DTE (1 Day to Expiration) SPX/NDX options, focusing on quick 5-10 minute trades with 20-50% gains.
Emas cryptosmart strategy (Multi-MA + MTF)Core Concept: Aligning Two Timeframes
The fundamental purpose of this indicator is to solve the most common problem in trading: fighting the main trend.
It achieves this by visualizing two "universes" of trend data at the same time on a single chart:
The Immediate Trend (Your Current Chart): This is shown by the color of the candles.
The Dominant Trend (Higher Timeframe): This is shown by the "Long/Short" labels.
By separating these two signals, the indicator allows you to see when your short-term trend (your candles) aligns with the long-term trend (the labels), giving you a high-probability confluence signal.
Detailed Components and Logic
The indicator is divided into four systems that work together.
1. The Dual Moving Average Sets (The 8 Lines)
The indicator calculates two identical sets of four moving averages (MA Fast, Mid, Slow, Ex-Slow).
Set 1: Current Timeframe MAs (Solid Lines)
These 4 MAs react to every candle on the chart you are currently watching (e.g., 1-Hour).
They show you the immediate price structure and trend.
Their sole job is to define the color of your candles.
Set 2: Multi-Timeframe (MTF) MAs (Stepped Lines)
You can toggle this set on or off with the Use MAs from Another Timeframe checkbox.
It calculates the same 4 MAs but using data from a higher timeframe you choose (e.g., 1-Day).
These lines look "stepped" or "blocky" because they represent the dominant trend.
Their sole job is to define when the "Long" and "Short" labels appear.
2. 🧠 The Candle Coloring Logic (Your Current Trend)
This is the first part of the core logic:
The candle color (barcolor) is based exclusively on the MAs from the current timeframe.
The Source for Signal and Color menu lets you choose which crossover on your current timeframe defines the trend.
"Fast / Mid": Candles are green if the Fast MA is above the Mid MA.
"Price / Slow": Candles are green if the Price is above the Slow MA.
Result: This gives you an instant read on the short-term trend. If the candles are green, the micro-trend is bullish.
3. The Signal/Label System (Your Main Trend Filter)
This is the second and most important part of the logic:
The "Long" and "Short" labels (label.new) are based exclusively on the MAs from the higher timeframe (MTF) (assuming useMTF is checked).
If you choose "Fast / Mid" as your source and your MTF is "Daily," a "Long" label will only appear when the Daily Fast MA crosses above the Daily Mid MA.
Result: The labels act as a major trend filter. They don't give you an immediate entry signal, but rather tell you, "The wind is at your back to look for buys" ("Long" label) or "The wind is against you" ("Short" label).
4. Advanced Customization (The Inputs)
This indicator gives you full control over every component:
MA Type: You can change all 8 lines from EMA to SMA, WMA, VWMA, or SMMA (RMA), allowing you to test which MA type best fits your strategy.
Visibility: You can hide or show any of the 8 MA lines independently (both current and MTF) to keep your chart clean.
Additional Filter: The Use Trend Filter checkbox adds an extra layer of safety to the labels, requiring the price to also be above the slow MTF MA to confirm the signal.
Aesthetics: You can fully control the style, size, and distance (based on ATR) of the labels so they don't clutter the price.
How To Use the Indicator (Strategy)
The true power of this indicator is seen when you combine its signals:
High-Probability Buy (Long) Scenario:
A "Long" label appears on your chart. This confirms your main trend (e.g., Daily) is bullish. This is your bias.
You ignore all sell signals.
The price pulls back on your current timeframe (e.g., 1-Hour), causing the candles to turn red.
You wait. When the 1-Hour trend realigns with the Daily trend, the candles flip back to green.
This candle color change (from red to green) while the "Long" label is present is your high-confluence entry signal.
"Bull Trap" Scenario (That the Indicator Helps You Avoid):
You are on a 1H chart and the candles turn green (micro-trend is bullish).
You look at the background and see there is no "Long" label (or worse, there is a "Short" label from the Daily trend).
Conclusion: The indicator is visually warning you that this bullish move is likely just a pullback/rally within a larger bearish trend. It saves you from buying into a "bull trap."
volume cryptosmart v2Visual Components: The 3 Layers of Information
To understand the indicator, you must see it as three layers of information superimposed on a single panel.
Layer 1: The Background Color (The "Tide" or Market Regime)
The background color of the entire panel tells you the general market condition, using an ADX/DMI filter:
Green Background: ADX is above 23 (there is a trend) and DI+ is above DI-. Regime: Bullish Trend.
Red Background: ADX is above 23 (there is a trend) and DI- is above DI+. Regime: Bearish Trend.
Black Background: ADX is below 23. Regime: Range or Consolidation.
Layer 2: The Threshold Lines (The Filters)
There are two key horizontal lines that act as filters:
"Dead Zone" Line (Dotted Blue): This is your noise filter line. It is based on the ATR. Any momentum impulse that is weaker (lower) than this line is considered irrelevant noise.
"Explosion" Line (Brown): This line is based on Bollinger Bands. It measures "normal" volatility. When a histogram impulse breaks above this line, it means the acceleration is statistically large and could be a range breakout.
Layer 3: The Histogram (The "Wave" or Acceleration)
The histogram bars (trendUp and trendDown) do not measure price or volume. They measure the acceleration of momentum (specifically, the difference between today's MACD and yesterday's MACD, multiplied by sensitivity).
The Brain: The Histogram's Color Logic
This is where the true intelligence of your indicator lies. The color of each histogram bar is decided by following a series of 4 strict rules, designed to show only high-quality signals.
Rule 1: GRAY (Dead Zone)
If the impulse (trendUp or trendDown) is weaker than the "Dead Zone" line...
Then it is painted GRAY.
Meaning: The momentum is too weak to be considered. It is noise.
Rule 2: GREEN / RED (Trend Impulse)
If the impulse exceeds the Dead Zone (Gray)...
AND the panel background is Green (bullish trend) or Red (bearish trend)...
Then the histogram is painted GREEN (for trendUp) or RED (for trendDown).
Meaning: It is a valid momentum impulse that is in favor of the main trend. These are trend continuation signals.
Rule 3: BLUE (Range Breakout)
If the impulse exceeds the Dead Zone (Gray)...
AND the panel background is Black (range-bound market)...
BUT the impulse is so strong that it breaks above the "Explosion Line" (Brown)...
Then the histogram is painted BLUE.
Meaning: This is a range breakout signal. The price is exploding from a consolidation.
Rule 4: WHITE ("Chop" or Noise)
If the impulse exceeds the Dead Zone (Gray)...
BUT it does not meet the requirements of Rule 2 (no trend) or Rule 3 (not a breakout)...
Then it is painted WHITE.
Meaning: It is a momentum impulse without a clear trend and without the strength of a breakout. It is usually "noise" or market chop and should be ignored.
The Final Confirmation: The Volume Filter
In addition to the 4 rules above, you have added a final layer of conviction:
If a signal is Green, Red, or Blue (Rules 2 or 3) and occurs with high volume (volume > 20-period MA)...
...it is painted with an intense and transparent color (High Conviction).
If it occurs with low volume...
...it is painted with a light and opaque color (Low Conviction).
How to Use: Signal Summary
Background Color Histogram Color Shade Meaning
Green Green Intense (High Vol) Strong Buy Signal (Bullish impulse with trend and volume)
Red Red Intense (High Vol) Strong Sell Signal (Bearish impulse with trend and volume)
Black Blue Intense (High Vol) Breakout Signal (The range is breaking with force)
Any White or Gray - Ignore. Noise, chop, or "dead zone".
Green/Red Green/Red Light (Low Vol) Trend signal, but with low conviction. Proceed with caution.
volume cryptosmart v2Visual Components: The 3 Layers of Information
To understand the indicator, you must see it as three layers of information superimposed on a single panel.
Layer 1: The Background Color (The "Tide" or Market Regime)
The background color of the entire panel tells you the general market condition, using an ADX/DMI filter:
Green Background: ADX is above 23 (there is a trend) and DI+ is above DI-. Regime: Bullish Trend.
Red Background: ADX is above 23 (there is a trend) and DI- is above DI+. Regime: Bearish Trend.
Black Background: ADX is below 23. Regime: Range or Consolidation.
Layer 2: The Threshold Lines (The Filters)
There are two key horizontal lines that act as filters:
"Dead Zone" Line (Dotted Blue): This is your noise filter line. It is based on the ATR. Any momentum impulse that is weaker (lower) than this line is considered irrelevant noise.
"Explosion" Line (Brown): This line is based on Bollinger Bands. It measures "normal" volatility. When a histogram impulse breaks above this line, it means the acceleration is statistically large and could be a range breakout.
Layer 3: The Histogram (The "Wave" or Acceleration)
The histogram bars (trendUp and trendDown) do not measure price or volume. They measure the acceleration of momentum (specifically, the difference between today's MACD and yesterday's MACD, multiplied by sensitivity).
The Brain: The Histogram's Color Logic
This is where the true intelligence of your indicator lies. The color of each histogram bar is decided by following a series of 4 strict rules, designed to show only high-quality signals.
Rule 1: GRAY (Dead Zone)
If the impulse (trendUp or trendDown) is weaker than the "Dead Zone" line...
Then it is painted GRAY.
Meaning: The momentum is too weak to be considered. It is noise.
Rule 2: GREEN / RED (Trend Impulse)
If the impulse exceeds the Dead Zone (Gray)...
AND the panel background is Green (bullish trend) or Red (bearish trend)...
Then the histogram is painted GREEN (for trendUp) or RED (for trendDown).
Meaning: It is a valid momentum impulse that is in favor of the main trend. These are trend continuation signals.
Rule 3: BLUE (Range Breakout)
If the impulse exceeds the Dead Zone (Gray)...
AND the panel background is Black (range-bound market)...
BUT the impulse is so strong that it breaks above the "Explosion Line" (Brown)...
Then the histogram is painted BLUE.
Meaning: This is a range breakout signal. The price is exploding from a consolidation.
Rule 4: WHITE ("Chop" or Noise)
If the impulse exceeds the Dead Zone (Gray)...
BUT it does not meet the requirements of Rule 2 (no trend) or Rule 3 (not a breakout)...
Then it is painted WHITE.
Meaning: It is a momentum impulse without a clear trend and without the strength of a breakout. It is usually "noise" or market chop and should be ignored.
The Final Confirmation: The Volume Filter
In addition to the 4 rules above, you have added a final layer of conviction:
If a signal is Green, Red, or Blue (Rules 2 or 3) and occurs with high volume (volume > 20-period MA)...
...it is painted with an intense and transparent color (High Conviction).
If it occurs with low volume...
...it is painted with a light and opaque color (Low Conviction).
How to Use: Signal Summary
Background Color Histogram Color Shade Meaning
Green Green Intense (High Vol) Strong Buy Signal (Bullish impulse with trend and volume)
Red Red Intense (High Vol) Strong Sell Signal (Bearish impulse with trend and volume)
Black Blue Intense (High Vol) Breakout Signal (The range is breaking with force)
Any White or Gray - Ignore. Noise, chop, or "dead zone".
Green/Red Green/Red Light (Low Vol) Trend signal, but with low conviction. Proceed with caution.
Market Breadth - [JTCAPITAL]Market Breadth - is a comprehensive crypto market strength and sentiment indicator designed to visualize the overall bullish or bearish alignment across 40 major cryptocurrencies. By combining multi-asset Exponential Moving Average (EMA) comparisons and smoothing techniques, it offers a clean, aggregated view of the broader market trend—helping traders quickly assess whether the market is dominated by bullish momentum or bearish pressure.
The indicator works by calculating in the following steps:
Symbol Selection and Data Retrieval
The script monitors 40 leading cryptocurrencies based on Market Cap. Each asset’s daily close price is requested using a 1D timeframe. This ensures that every data point reflects the same temporal resolution, allowing the indicator to evaluate global crypto strength rather than individual token volatility.
EMA Comparison per Asset
For each asset, two Exponential Moving Averages (EMAs) are calculated:
A short-term EMA with period emalength (default 10).
A long-term EMA with period emalength2 (default 20).
Each coin receives a score of +1 when the short-term EMA is greater than the long-term EMA (indicating bullish structure), or -1 when it is below (indicating bearish structure). This binary scoring system effectively converts individual price action into a directional sentiment measure.
Market Breadth Aggregation
All 40 individual scores are summed into a single composite value called scores .
If many assets have bullish EMA alignment, the total score becomes strongly positive.
If the majority show bearish alignment, the total score turns negative.
This step transforms scattered price data into one unified market breadth metric—quantifying how many assets participate in the same directional trend.
Smoothing the Breadth Line
To reduce short-term noise and isolate trend direction, the aggregated score is smoothed using an EMA of length = smoothlen (default 15). The resulting smoothed line helps identify sustained shifts in collective sentiment rather than temporary fluctuations.
Visualization and Color Coding
When scores > 0 , the market breadth is bullish and the histogram is colored blue.
When scores < 0 , the breadth turns bearish and the histogram is purple.
The same logic applies to the smoothed line and background color, offering an instant visual cue of market mood transitions.
Buy and Sell Conditions:
The indicator itself does not trigger direct buy/sell signals but rather acts as a market regime filter . Traders can use it as follows:
Buy Filter: When the smoothed value is above zero and rising, the majority of assets confirm an uptrend — this favors long setups or trend continuation entries.
Sell Filter: When the smoothed value is below zero and falling, bearish alignment dominates — ideal for short setups or defensive risk management.
Optional filters could include combining this with RSI or volume-weighted momentum indicators to confirm breadth-based reversals.
Features and Parameters:
emalength – Defines the short-term EMA length used for individual asset trend detection (default 10).
emalength2 – Defines the long-term EMA length (default 20).
smoothlen – Defines the smoothing EMA length for the total market breadth line (default 15).
40 asset inputs – User-editable symbols allow full customization of which cryptos are tracked.
Dynamic color backgrounds – Visual distinction between bullish and bearish phases.
Specifications:
Exponential Moving Average (EMA)
EMA is a type of moving average that places more weight on recent price data, responding faster to market changes compared to SMA. By comparing a short-term and long-term EMA, the indicator captures momentum shifts across each asset individually. The crossover logic (EMA10 > EMA20) signals bullish conditions, while the opposite indicates bearish momentum.
Market Breadth
Market Breadth quantifies how many assets are participating in a directional move. Instead of tracking a single coin’s trend, breadth analysis measures collective sentiment. When most coins’ short-term EMAs are above long-term EMAs, the market shows healthy bullish breadth. Conversely, when most are below, weakness dominates.
Smoothing (EMA on Scores)
After summing the breadth score, the result is smoothed with an additional EMA to mitigate the inherent volatility caused by individual coin reversals. This second-level smoothing transforms raw fluctuations into a readable, trend-consistent curve.
Color Visualization
Visual cues are integral for intuitive interpretation.
Blue Shades: Indicate bullish alignment and collective upward momentum.
Purple Shades: Indicate bearish conditions and potential risk-off phases.
The background tint reinforces visual clarity even when the indicator is overlaid on price charts.
Background Logic
By applying the same color logic to the chart’s background, users can instantly recognize the prevailing market phase.
Use Cases
As a trend confirmation filter for other indicators (e.g., trade only in the direction of positive breadth).
As a divergence tool : when price rises but breadth weakens, it may signal a topping market.
As a macro sentiment monitor : perfect for assessing when the crypto market as a whole transitions from bearish to bullish structure.
Summary
“ Market Breadth - ” transforms the chaotic price movements of 40 cryptocurrencies into a single, powerful visual representation of overall market health. By merging EMA cross analysis with market-wide aggregation and smoothing , it provides traders with a deep understanding of when bullish or bearish forces dominate the ecosystem.
It’s a clean, data-driven approach to identifying shifts in crypto market sentiment — a perfect companion for trend-following, macro analysis, and timing portfolio exposure.
Enjoy!
MA SMART Angle
### 📊 WHAT IS MA SMART ANGLE?
**MA SMART Angle** is an advanced momentum and trend detection indicator that analyzes the angles (slopes) of multiple moving averages to generate clear, non-repainting BUY and SELL signals.
**Original Concept Credit:** This indicator builds upon the "MA Angles" concept originally created by **JD** (also known as Duyck). The core angle calculation methodology and Jurik Moving Average (JMA) implementation by **Everget** are preserved from the original open-source work. The angle calculation formula was contributed by **KyJ**. This enhanced version is published with respect to the open-source nature of the original indicator.
Original indicator reference: "ma angles - JD" by Duyck
---
## 🎯 ORIGINALITY & VALUE PROPOSITION
### **What Makes This Different from the Original:**
While the original "MA Angles" by **JD** provided excellent angle visualization, it lacked actionable entry signals. **MA SMART Angle** addresses this by adding:
**1. Clear Entry/Exit Signals**
- Explicit BUY/SELL arrows based on angle crossovers, momentum confirmation, and MA alignment
- No guessing when to enter trades - the indicator tells you exactly when conditions align
**2. Non-Repainting Logic**
- All signals use confirmed historical data (shifted by 2 bars minimum)
- Critical for backtesting reliability and live trading confidence
- Original indicator could repaint signals on current bar
**3. Dual Signal System**
- **Simple Mode:** More frequent signals based on angle crossovers + momentum (for active traders)
- **Strict Mode:** Requires full multi-MA alignment + momentum confirmation (for conservative traders)
- Adaptable to different trading styles and risk tolerances
**4. Smart Signal Filtering**
- **Anti-spam cooldown:** Prevents duplicate signals within configurable bar count
- **No-trade zone detection:** Filters out low-conviction sideways markets automatically
- **Multi-timeframe MA alignment:** Ensures all moving averages agree on direction before signaling
**5. Enhanced Visualization**
- Large, clear BUY/SELL arrows with descriptive labels
- Color-coded backgrounds for market states (trending vs. ranging)
- Momentum histogram showing acceleration/deceleration in real-time
- Live status table displaying trend strength, angle value, momentum, and MA alignment
**6. Professional Alert System**
- Four distinct alert conditions: BUY Signal, SELL Signal, Strong BUY, Strong SELL
- Enables automated trade notifications and strategy integration
**7. Modified MA Periods**
- Original used EMA(27), EMA(83), EMA(278)
- Enhanced version uses faster EMA(3), EMA(8), EMA(13) for more responsive signals
- Better suited for modern volatile markets and shorter timeframes
---
## 📐 HOW IT WORKS - TECHNICAL EXPLANATION
### **Core Methodology:**
The indicator calculates angles (slopes) for five key moving averages:
- **JMA (Jurik Moving Average)** - Smooth, lag-reduced trend line (original implementation by **Everget**)
- **JMA Fast** - Responsive momentum indicator with higher power parameter
- **MA27 (EMA 3)** - Primary fast-moving average for signal generation
- **MA83 (EMA 8)** - Medium-term trend confirmation
- **MA278 (EMA 13)** - Slower trend filter
### **Angle Calculation Formula (by KyJ):**
```
angle = arctan((MA - MA ) / ATR(14)) × (180 / π)
```
**Why ATR normalization?**
- Makes angles comparable across different instruments (forex, stocks, crypto)
- Makes angles comparable across different timeframes
- Accounts for volatility - a 10-point move in different assets has different significance
**Angle Interpretation:**
- **> 15°** = Strong trend (momentum accelerating)
- **0° to 15°** = Weak trend (momentum present but moderate)
- **-2° to +2°** = No-trade zone (sideways/choppy market)
- **< -15°** = Strong downtrend
### **Signal Generation Logic:**
#### **BUY Signal Conditions:**
1. MA27 angle crosses above 0° (upward momentum initiates)
2. All three EMAs (3, 8, 13) pointing upward (trend alignment confirmed)
3. Momentum is positive for 2+ bars (acceleration, not deceleration)
4. Angle exceeds minimum threshold (not in no-trade zone)
5. Cooldown period passed (prevents signal spam)
#### **SELL Signal Conditions:**
1. MA27 angle crosses below 0° (downward momentum initiates)
2. All three EMAs pointing downward (downtrend alignment)
3. Momentum is negative for 2+ bars
4. Angle below negative threshold (not in no-trade zone)
5. Cooldown period passed
#### **Strong BUY+ / SELL+ Signals:**
Additional entry opportunities when JMA Fast crosses JMA Slow while maintaining strong directional angle - indicates momentum acceleration within established trend.
---
## 🔧 HOW TO USE
### **Recommended Settings by Trading Style:**
**Scalpers / Day Traders:**
- Signal Type: **Simple**
- Minimum Angle: **3-5°**
- Cooldown Bars: **3-5 bars**
- Timeframes: 1m, 5m, 15m
**Swing Traders:**
- Signal Type: **Strict**
- Minimum Angle: **7-10°**
- Cooldown Bars: **8-12 bars**
- Timeframes: 1H, 4H, Daily
**Position Traders:**
- Signal Type: **Strict**
- Minimum Angle: **10-15°**
- Cooldown Bars: **15-20 bars**
- Timeframes: Daily, Weekly
### **Parameter Descriptions:**
**1. Source** (default: OHLC4)
- Price data used for MA calculations
- OHLC4 provides smoothest angles
- Close is more responsive but noisier
**2. Threshold for No-Trade Zones** (default: 2°)
- Angles below this are considered sideways/ranging
- Increase for stricter filtering of choppy markets
- Decrease to allow signals in quieter trending periods
**3. Signal Type** (Simple vs. Strict)
- **Simple:** Angle crossover OR (trend + momentum)
- **Strict:** Angle crossover AND all MAs aligned AND momentum confirmed
- Start with Simple, switch to Strict if too many false signals
**4. Minimum Angle for Signal** (default: 5°)
- Only generate signals when angle exceeds this threshold
- Higher values = stronger trends required
- Lower values = more sensitive to momentum changes
**5. Cooldown Bars** (default: 5)
- Minimum bars between consecutive signals
- Prevents spam during volatile chop
- Scale with your timeframe (higher TF = more bars)
**6. Color Bars** (default: true)
- Colors chart bars based on signal state
- Green = bullish conditions, Red = bearish conditions
- Can disable if you prefer clean price bars
**7. Background Colors**
- **Yellow background** = No-trade zone (low angle, ranging market)
- **Green flash** = BUY signal generated
- **Red flash** = SELL signal generated
- All customizable or can be disabled
---
## 📊 INTERPRETING THE INDICATOR
### **Visual Elements:**
**Main Chart Window:**
- **Thick Lime/Fuchsia Line** = MA27 angle (primary signal line)
- **Medium Green/Red Line** = MA83 angle (trend confirmation)
- **Thin Green/Red Line** = MA278 angle (slow trend filter)
- **Aqua/Orange Line** = JMA Fast (momentum detector)
- **Green/Red Area** = JMA slope (overall trend context)
- **Blue/Purple Histogram** = Momentum (angle acceleration/deceleration)
**Signal Arrows:**
- **Large Green ▲ "BUY"** = Primary buy signal (all conditions met)
- **Small Green ▲ "BUY+"** = Strong momentum buy (JMA fast cross)
- **Large Red ▼ "SELL"** = Primary sell signal (all conditions met)
- **Small Red ▼ "SELL+"** = Strong momentum sell (JMA fast cross)
**Status Table (Top Right):**
- **Angle:** Current MA27 angle in degrees
- **Trend:** Classification (STRONG UP/DOWN, UP/DOWN, FLAT)
- **Momentum:** Acceleration state (ACCEL UP/DN, Up/Down)
- **MAs:** Alignment status (ALL UP/DOWN, Mixed)
- **Zone:** Trading zone status (ACTIVE vs. NO TRADE)
- **Last:** Bars since last signal
### **Trading Strategies:**
**Strategy 1: Pure Signal Following**
- Enter LONG on BUY signal
- Exit on SELL signal
- Use stop-loss at recent swing low/high
- Works best on trending instruments
**Strategy 2: Confirmation with Price Action**
- Wait for BUY signal + bullish candlestick pattern
- Wait for SELL signal + bearish candlestick pattern
- Increases win rate by filtering premature signals
- Recommended for beginners
**Strategy 3: Momentum Acceleration**
- Use BUY+/SELL+ signals for adding to positions
- Only take these in direction of primary signal
- Scalp quick moves during momentum spikes
- For experienced traders
**Strategy 4: Mean Reversion in No-Trade Zones**
- When status shows "NO TRADE", fade extremes
- Wait for angle to exit no-trade zone for reversal
- Contrarian approach for range-bound markets
- Requires tight stops
---
## ⚠️ LIMITATIONS & DISCLAIMERS
**What This Indicator DOES:**
✅ Measures momentum direction and strength via angle analysis
✅ Generates signals when multiple conditions align
✅ Filters out low-conviction sideways markets
✅ Provides visual clarity on trend state
**What This Indicator DOES NOT:**
❌ Predict future price movements with certainty
❌ Guarantee profitable trades (no indicator can)
❌ Work equally well on all instruments/timeframes
❌ Replace proper risk management and position sizing
**Known Limitations:**
- **Lagging Nature:** Like all moving averages, signals occur after momentum begins
- **Whipsaw Risk:** Can generate false signals in volatile, directionless markets
- **Optimization Required:** Parameters need adjustment for different assets
- **Not a Complete System:** Should be combined with risk management, position sizing, and other analysis
**Best Performance Conditions:**
- Strong trending markets (crypto bull runs, stock breakouts)
- Liquid instruments (major forex pairs, large-cap stocks)
- Appropriate timeframe selection (match to trading style)
- Used alongside support/resistance and volume analysis
---
## 🔔 ALERT SETUP
The indicator includes four alert conditions:
**1. BUY SIGNAL**
- Message: "MA SMART Angle: BUY SIGNAL! Angle crossed up with momentum"
- Use for: Primary long entries
**2. SELL SIGNAL**
- Message: "MA SMART Angle: SELL SIGNAL! Angle crossed down with momentum"
- Use for: Primary short entries or long exits
**3. Strong BUY**
- Message: "MA SMART Angle: Strong BUY momentum - JMA fast crossed up"
- Use for: Adding to longs or aggressive entries
**4. Strong SELL**
- Message: "MA SMART Angle: Strong SELL momentum - JMA fast crossed down"
- Use for: Adding to shorts or aggressive exits
**Setting Up Alerts:**
1. Right-click indicator → "Add Alert on MA SMART Angle"
2. Select desired condition from dropdown
3. Choose notification method (popup, email, webhook)
4. Set alert expiration (typically "Once Per Bar Close")
---
## 📚 EDUCATIONAL VALUE
This indicator serves as an excellent learning tool for understanding:
**1. Angle-Based Momentum Analysis**
- Traditional indicators show MA crossovers
- This shows the *rate of change* (velocity) of MAs
- Teaches traders to think in terms of momentum acceleration
**2. Multi-Timeframe Confirmation**
- Shows how fast, medium, and slow MAs interact
- Demonstrates importance of trend alignment
- Helps develop patience for high-probability setups
**3. Signal Quality vs. Quantity Tradeoff**
- Simple mode = more signals, more noise
- Strict mode = fewer signals, higher quality
- Teaches discretionary filtering skills
**4. Market State Recognition**
- Visual distinction between trending and ranging markets
- Helps traders avoid trading choppy conditions
- Develops "market context" awareness
---
## 🔄 DIFFERENCES FROM OTHER MA INDICATORS
**vs. Traditional MA Crossovers:**
- Measures momentum (angle) rather than just price crossing MA
- Provides earlier signals as angles change before price crosses
- Filters better for sideways markets using no-trade zones
**vs. MACD:**
- Uses multiple MAs instead of just two
- ATR normalization makes it universal across instruments
- Visual angle representation more intuitive than histogram
**vs. Supertrend:**
- Not based on ATR bands but on MA slope analysis
- Provides graduated strength indication (not just binary trend)
- Less prone to whipsaw in low volatility
**vs. Original "MA Angles" by JD:**
- Adds explicit entry/exit signals (original had none)
- Implements no-repaint logic for reliability
- Includes signal filtering and quality controls
- Provides dual signal systems (Simple/Strict)
- Enhanced visualization and status monitoring
- Uses faster MA periods (3/8/13 vs 27/83/278) for modern markets
---
## 📖 CODE STRUCTURE (for Pine Script learners)
This indicator demonstrates:
**Advanced Pine Script Techniques:**
- Custom function implementation (JMA, angle calculation)
- Var declarations for stateful tracking
- Table creation for HUD display
- Multi-condition signal logic
- Alert system integration
- Proper use of historical references for no-repaint
**Code Organization:**
- Modular function definitions (JMA, angle)
- Clear separation of concerns (inputs, calculations, plotting, alerts)
- Extensive commenting for maintainability
- Best practices for Pine Script v5
**Learning Resources:**
- Study the JMA function to understand adaptive smoothing
- Examine angle calculation for ATR normalization technique
- Review signal logic for multi-condition confirmation patterns
- Analyze anti-spam filtering for state management
The code is open-source - feel free to study, modify, and improve upon it!
---
## 🙏 CREDITS & ATTRIBUTION
**Original Concepts:**
- **"ma angles - JD" by JD (Duyck)** - Core angle calculation methodology and indicator concept
Original open-source indicator on TradingView Community Scripts
- **JMA (Jurik Moving Average) implementation by Everget** - Smooth, low-lag moving average function
Acknowledged in original JD indicator code
- **Angle Calculation formula by KyJ** - Mathematical formula for converting MA slope to degrees using ATR normalization
Acknowledged in original JD indicator code comments
**Enhancements in This Version:**
- Signal generation logic - Original implementation for this indicator
- No-repaint confirmation system - Original implementation
- Dual signal modes (Simple/Strict) - Original implementation
- Visual enhancements and status table - Original implementation
- Alert system and signal filtering - Original implementation
- Modified MA periods (3/8/13 instead of 27/83/278) - Optimization for modern markets
**Open Source Philosophy:**
This indicator follows the open-source spirit of TradingView and the Pine Script community. The original "ma angles - JD" by JD (Duyck) was published as open-source, enabling this enhanced version. Similarly, this code is published as open-source to allow further community improvements.
---
## ⚡ QUICK START GUIDE
**For New Users:**
1. Add indicator to chart
2. Start with default settings (Simple mode)
3. Wait for BUY signal (green arrow)
4. Observe how price behaves after signal
5. Check status table to understand market state
6. Adjust parameters based on your instrument/timeframe
**For Experienced Traders:**
1. Switch to Strict mode for higher quality signals
2. Increase cooldown bars to reduce frequency
3. Raise minimum angle threshold for stronger trends
4. Combine with your existing strategy for confirmation
5. Set up alerts for desired signal types
6. Backtest on your preferred instruments
---
## 🎓 RECOMMENDED COMBINATIONS
**Works Well With:**
- **Volume Analysis:** Confirm signals with volume spikes
- **Support/Resistance:** Take signals near key levels
- **RSI/Stochastic:** Avoid overbought/oversold extremes
- **ATR:** Size positions based on volatility
- **Price Action:** Wait for candlestick confirmation
**Complementary Indicators:**
- Order Flow / Footprint (for institutional confirmation)
- Volume Profile (for identifying value areas)
- VWAP (for intraday mean reversion reference)
- Fibonacci Retracements (for target setting)
---
## 📈 PERFORMANCE EXPECTATIONS
**Realistic Win Rates:**
- Simple Mode: 45-55% (higher frequency, moderate accuracy)
- Strict Mode: 55-65% (lower frequency, higher accuracy)
- Combined with price action: 60-70%
**Best Asset Classes:**
1. **Cryptocurrencies** (strong trends, clear signals)
2. **Forex Major Pairs** (smooth price action, good angles)
3. **Large-Cap Stocks** (trending behavior, liquid)
4. **Index Futures** (trending instruments)
**Challenging Conditions:**
- Low volatility consolidation periods
- News-driven erratic movements
- Thin/illiquid instruments
- Counter-trending markets
---
## 🛡️ RISK DISCLAIMER
**IMPORTANT LEGAL NOTICE:**
This indicator is for **educational and informational purposes only**. It is **NOT financial advice** and does not constitute a recommendation to buy or sell any financial instrument.
**Trading Risks:**
- Trading carries substantial risk of loss
- Past performance does not guarantee future results
- No indicator can predict market movements with certainty
- You can lose more than your initial investment (especially with leverage)
**User Responsibilities:**
- Conduct your own research and due diligence
- Understand the instruments you trade
- Never risk more than you can afford to lose
- Use proper position sizing and risk management
- Consider consulting a licensed financial advisor
**Indicator Limitations:**
- Signals are based on historical data only
- No guarantee of accuracy or profitability
- Parameters must be optimized for your specific use case
- Results vary significantly by market conditions
By using this indicator, you acknowledge and accept all trading risks. The author is not responsible for any financial losses incurred through use of this indicator.
---
## 📧 SUPPORT & FEEDBACK
**Found a bug?** Please report it in the comments with:
- Chart symbol and timeframe
- Parameter settings used
- Description of unexpected behavior
- Screenshot if possible
**Have suggestions?** Share your ideas for improvements!
**Enjoying the indicator?** Leave a like and follow for updates!
TraderDemircan Fibonacci + XABCD Formation v1.0This indicator automatically identifies the most recent significant swing low (Point X) and the subsequent swing high (Point A) to plot a comprehensive set of Fibonacci extension levels.
Beyond a standard Fibonacci tool, this script also projects a potential harmonic XABCD pattern. It identifies a retracement level (Point B) and projects a "C" target based on the XA=BC price projection. This provides traders with a complete visual framework of key support/resistance levels and potential price targets based on the last significant impulse move.
How It Works
Swing Detection (X & A Points): The script scans the previous Lookback Bars (user-defined) to find the lowest low, which it labels as Point X. It then finds the highest high that occurred after Point X, labeling it as Point A.
Fibonacci Levels: The price range between X and A (the "XA leg") is used as the basis (0.0 to 1.0) to draw 18 different Fibonacci levels, including key extensions (1.272, 1.618, 2.618, etc.) and retracements.
XABCD Projection (B & C Points):
Point B: The script dynamically identifies Point B at either the 0.382 or 0.5 retracement level of the XA leg, depending on the current price action. This shows the level that is currently acting as support.
Point C (Target): A target (Point C) is projected by adding the price range of the XA leg to the B point. This creates a classic XA=BC (or AB=CD, where the first leg is XA) price projection, offering a potential target for the next upward move.
Key Features
Automatic Swing Detection: Automatically finds and plots the X and A points, adapting to the latest price action.
Comprehensive Fibonacci Suite: Includes 18 toggleable Fibonacci levels (from 0.0 to 4.618) to cover all common retracement and extension targets.
XABCD Pattern & Target: Visually plots the X-A, A-B, and the projected B-C legs, clearly highlighting the C target.
Dynamic "B" Point: The B point label (0.382 or 0.5) updates to reflect which retracement level is currently in play.
On-Screen Info Table: A clean table in the top-right corner displays the exact price values for X, A, B, and the C Target for quick reference.
Full Customization: Users can control the visibility, color, width, and style of every Fibonacci level and pattern line.
Label Options: Toggle price labels (on the right) and percentage/level labels (on the left) for a clean or detailed chart.
Easy [CHE] Easy — Minimalist Pine Script for detecting EMA direction changes to define fixed price zones for simple support and resistance visualization, ideal for manual trading workflows.
Summary
This indicator's programming is kept minimalist and super simple, with core logic in under 20 lines for easy comprehension and modification. It creates fixed price zones based on divergences between a base exponential moving average and its smoother counterpart, helping traders spot potential consolidation or reversal areas without dynamic adjustments. By locking the zone at the high and low of the signal bar, it avoids over-expansion in volatile conditions, offering a stable reference line colored by price position relative to the zone. This approach differs from expanding channels by prioritizing simplicity and persistence until a new qualifying signal, reducing visual clutter while highlighting directional bias through midpoint coloring.
Motivation: Why this design?
Traders often face noisy signals from moving averages that flip frequently in sideways markets or lag during breakouts, leading to premature entries or missed opportunities. This indicator addresses that by focusing on confirmed direction shifts between the base and smoothed averages, then anchoring a non-expanding zone to capture the initial price range of the shift. The result is a cleaner tool for marking equilibrium levels, assuming price respects these bounds in ranging or mildly trending conditions.
What’s different vs. standard approaches?
- Reference baseline: Traditional moving average crossovers or simple channels that update every bar.
- Architecture differences:
- Zones are set only on new divergence signals and remain fixed until reset by a gap from the prior zone.
- No ongoing high-low expansion; relies on persistent variables to hold bounds across bars.
- Midpoint plotting with conditional coloring based on close position, plus a highlight for zone initiations.
- Practical effect: Charts show persistent horizontal references instead of drifting lines, making it easier to gauge if price is rejecting or embracing the zone—useful for avoiding false breaks in low-volatility setups.
How it works (technical)
The indicator first computes a base exponential moving average of closing prices over a user-defined length, then applies a second exponential moving average to smooth that base. It checks if both the base and smoothed values are increasing or decreasing compared to their prior values, indicating aligned direction. A signal triggers when this alignment breaks, marking a potential shift.
On a new signal, if the current bar's high and low fall outside any existing zone (or none exists), the zone bounds update to those extremes and persist via dedicated variables. The midpoint of these bounds becomes the primary plot line, colored green if below the close (bullish lean), red if above (bearish lean), or gray otherwise. A secondary thick line highlights the midpoint briefly when a zone first sets, aiding visual confirmation. No higher timeframe data or external fetches are used, so updates occur on each bar close without lookahead.
Parameter Guide
EMA Length — Sets the period for the base moving average; longer values smooth more, reducing signal frequency but increasing lag. Default: 50. Trade-offs/Tips: Shorter for faster response in intraday charts (risks noise); longer for daily trends (may miss early shifts).
Smoother Length — Defines the period for the secondary smoothing on the base average; higher values dampen minor wiggles for stabler direction checks. Default: 3. Trade-offs/Tips: Keep low (2–5) for sensitivity; increase to 7+ if zones trigger too often in choppy markets, at cost of delayed signals.
Reading & Interpretation
The main circle plot at the zone midpoint serves as a dynamic equilibrium line: green suggests price is above the zone (potential strength), red indicates below (potential weakness), and gray shows containment within bounds (neutral consolidation). A sudden thick foreground line at the midpoint flags a fresh zone start, prompting review of the prior bar's context. Absence of a plot means no active zone, implying reliance on price action alone until the next signal.
Practical Workflows & Combinations
- Trend following: Enter long on green midpoint after a higher low touches the zone lower bound, confirmed by structure like higher highs; filter shorts similarly on red with lower highs.
- Exits/Stops: Use the opposite zone bound as a conservative stop (e.g., below lower for longs); trail aggressively to midpoint on strong moves, tightening near gray neutrality.
- Multi-asset/Multi-TF: Defaults work across forex and stocks on 1H–Daily; for crypto volatility, shorten EMA Length to 20–30. Pair with volume oscillators for confirmation, avoiding isolated use.
Behavior, Constraints & Performance
- Repaint/confirmation: Plots update on bar close using historical closes, so confirmed signals hold; live bars may shift until close but without future references.
- security()/HTF: Not used, eliminating related repaint risks.
- Resources: Minimal overhead—no loops, arrays, or bar limits exceeded; suitable for real-time on any timeframe.
- Known limits: Fixed zones may lag in strong trends (price drifts away without reset); signals skip if no gap from prior zone, potentially missing clustered shifts. Assumes standard OHLC data; untested on non-equity assets.
Sensible Defaults & Quick Tuning
Start with EMA Length at 50 and Smoother Length at 3 for balanced daily charts. If signals fire too frequently (e.g., in ranges), extend EMA Length to 100 for fewer but stabler zones. For sluggish response in trends, drop Smoother Length to 2 and EMA Length to 30, monitoring for added noise. In high-vol setups, widen both to 75/5 to filter extremes, trading speed for reliability.
What this indicator is—and isn’t
This is a lightweight visualization layer for EMA-driven zones, aiding manual chart reading and basic signal spotting. It is not a standalone system, predictive model, or automated alert generator—integrate with broader analysis like market structure and risk rules. (Unknown/Optional: No built-in alerts or multi-timeframe scaling.)
Disclaimer
The content provided, including all code and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell any financial instrument, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context.
Any results from strategies or tools provided are hypothetical, and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and may not be suitable for all individuals. Before making any trading decisions, please consult with a qualified financial professional to understand the risks involved.
By using this script, you acknowledge and agree that any trading decisions are made solely at your discretion and risk.
Do not use this indicator on Heikin-Ashi, Renko, Kagi, Point-and-Figure, or Range charts, as these chart types can produce unrealistic results for signal markers and alerts.
Best regards and happy trading
Chervolino
Mickey's Breaker Engine⚡ Breaker Engine | Auto Retest + Smart R:R Targets
A precision-grade breaker-block detection system built for traders who live and breathe clean structure.
This indicator automatically detects Breaker Candles, confirms them, marks their zones, and executes intelligent retest-based entry logic — complete with Stop-Loss and Risk-to-Reward (R:R) tracking up to 3R (or any custom ratio).
🧠 Core Concept
A Breaker Block is a structural shift where price violates liquidity from a failed order block and flips the zone’s polarity — turning a former supply into demand (or vice-versa).
This script identifies those setups automatically, confirms them only after a valid structure break, and waits for a clean retest to trigger a trade signal.
🚀 Key Features
⚙️ Smart Zone Detection
Detects both Bullish Breakers and Bearish Breakers.
Zones are drawn precisely using the breaker’s middle candle body (or full wick range if enabled).
Fully configurable transparency, width, and extension for better visual context.
🎯 Auto Retest Entry Logic
Entry triggers only on a clean retest, not on immediate breakout.
Includes logical filters to ensure retests are structurally valid and not overlapping candles.
Works in any timeframe or market — crypto, forex, indices, or commodities.
💡 Dynamic Risk–Reward Tracking
Automatically plots 1R, 2R, 3R, ...R targets based on your defined stop range.
Risk is calculated from entry to zone boundary or ATR offset.
Each target label appears precisely when hit.
Targets automatically stop updating once Stop-Loss is triggered.
🧱 Visual Clarity
BUY 🟢 / SELL 🔴 bubbles at entries.
SL ❌ marker when stop is hit.
🎯 1R / 2R / 3R labels dynamically plotted when each reward level is reached.
Non-overlapping placement using ATR-based spacing.
⚡ Real-Time Alerts - Instant alerts for:
✅ “Breaker BUY” – Clean retest confirmed (Long setup)
✅ “Breaker SELL” – Clean retest confirmed (Short setup)
❌ “Breaker BUY SL” – Stop hit for Long
❌ “Breaker SELL SL” – Stop hit for Short
🧩 Customization Panel
| Setting | Description |
| :-------------------------- | :------------------------------------------------------------------------------ |
| **ATR Length** | Controls volatility-based offset sizing. |
| **Entry / SL Offset × ATR** | Adjusts label spacing and dynamic positioning. |
| **Risk-Reward Ratio** | Define default R:R (e.g. 1:3). |
| **Multiple Retests** | Enable if you want the same breaker zone to allow multiple retests/entries. |
| **Banner Design** | Control opacity, extension, and wick usage for the breaker block visualization. |
| **Color Controls** | Choose your BUY/SELL/SL bubble colors to match your chart theme. |
⚙️ Underlying Logic (At a Glance)
Pattern Detection:
Identifies a 5-bar sequence that forms a valid Breaker Candle (the middle bar flips structure).
Confirmation:
Requires a follow-through candle to validate a real liquidity break.
Zone Registration:
Stores the breaker zone’s body range in arrays for tracking.
Clean Retest Entry:
Waits for price to retest the zone from the opposite side and close cleanly inside.
Stop Loss / Target Projection:
Defines stop loss just beyond the zone and plots up to 3 × reward targets dynamically.
Monitoring & Alerts:
Tracks each setup independently until either an R-target or SL is reached.
💬 Recommended Usage
Works best with market-structure traders, smart-money concepts, or liquidity-based systems.
Combine it with an external displacement confirmation or BOS/CHOCH tool for best precision.
Ideal for backtesting breaker-based R:R consistency or forward-testing retest entries.
Compatible with any asset / timeframe.
🧭 Disclaimer
This script is for educational and analytical purposes only.
It is not financial advice and should not be used to make trading decisions without independent confirmation or risk management.
Always test on demo data before deploying live.
Market Echo Screener [BigBeluga]
The Market Echo Screener is a structured multi-asset dashboard capable of tracking up to 15 symbols simultaneously .
Designed to condense complex market data into an actionable format. Each column represents a specialized calculation, giving traders insight into signals, phases, retests, and volatility — all updated in real time.
For each symbol, it displays a full set of analytics: trend signals, take profit progression, wave structure, equilibrium pulls, volatility-adjusted flows, smart band retests, volatility regimes, and live price context — all condensed into one unified table.
Instead of flipping through multiple charts, traders get an instant overview of market dynamics across an entire watchlist, making it easier to spot alignment and high-probability opportunities.
⬤ Trend Signals
This column is powered by a low-pass digital trend filter that smooths short-term fluctuations and isolates directional momentum.
It produces Buy and Sell signals when price crosses adaptive thresholds relative to the smoothed baseline. Stronger “＋” signals appear when slope acceleration or momentum divergence confirms additional conviction.
• Uses recursive filtering to eliminate noise.
• Signal strength is determined by the magnitude of deviation from the baseline.
• Tracks how many bars back the signal occurred, using a bar-counting algorithm.
• Combines both normal and power signals to reflect phases of market conviction.
⬤ TPs (Take Profits)
The take profit ladder is generated through an adaptive volatility-projection model .
When a signal fires, projected levels are based on volatility-weighted extensions. Each level (TP1–TP6) represents an incrementally wider confidence band, dynamically recalculated with every new bar.
• Uses volatility-normalized ranges for TP distances.
• Level activation is sequential, progressing as price reaches thresholds.
• Reset occurs when opposite signals are detected.
• Higher TPs imply extended momentum runs, while early TP triggers highlight conservative exits.
⬤ ActionWave
The ActionWave column applies a dual-smoothing algorithm combining custom MA stacks and polynomial regression to capture the underlying wave structure.
It identifies macro phases (Bullish ∆ / Bearish ∇) and flags retests when price folds back into the average after expansion.
• Wave slope is calculated using gradient differentials.
• Retests are confirmed within a bar-window threshold (e.g., 20–25 bars).
• Distinguishes continuation from exhaustion by analyzing whether slope remains positive/negative.
• Provides a clean map of trend rhythm without intrabar noise.
⬤ Magnet
The Magnet measure calculates a dynamic equilibrium band around price.
By averaging the midpoints of recent high–low ranges and weighting them by volatility, it defines a “fair zone” where price tends to trend and mean-revert.
• Bullish/Bearish status is derived from price position relative to the equilibrium mean.
• Retests occur when price leaves the zone and then re-enters within a tolerance band.
• Incorporates a mean-reversion index to highlight strength of pull.
• Acts as a gravitational anchor, showing when price is likely to snap back.
⬤ FlowTrend
FlowTrend is calculated using volatility and noise adjusted envelope bands .
It determines the active market flow by testing whether price consistently holds above or below the smoothed envelope. Retests are logged when price touches the envelope and respects trend direction.
• Bands expand/contract based on ATR and rolling variance.
• Flow state = Bullish if closing above upper envelope, Bearish if below.
• Retests validated only if trend slope and band alignment remain intact.
• Helps identify continuation setups by filtering false flips.
⬤ Smart Bands
Smart Bands employ an adaptive trailing stop framework that shifts with volatility and momentum.
Price interaction with these bands is tracked for bullish (∆) or bearish (∇) retests, highlighting whether the current move has revalidated at its volatility boundary.
• Bands derived from trailing volatility-adjusted stops.
• Upward retest fires when price tests support bands during uptrend.
• Downward retest occurs when resistance bands are tapped in downtrend.
• Provides structured “confirmation points” that validate signals.
⬤ Volatility
Volatility is measured via a hybrid standard deviation logic .
First, the standard deviation of closing prices over 10 bars is scaled by a factor, then normalized against its own 20-bar rolling standard deviation. The result is converted into a 0–100 index, producing three regimes:
❄️ Calm (<50): low dispersion, mean-reversion conditions dominate.
⚠️ Elevated (50–70): directional expansion likely, watch for breakout tension.
💥 Explosive (>70): strong dispersion, trend-following setups favored.
• Uses layered smoothing to dampen noise.
• Normalization ensures comparability across different assets.
• Acts as a meta-filter for selecting strategy type (range vs. momentum).
⬤ Price
The price column displays the latest close rounded to the nearest tick size.
It is color-coded by candle bias: green for bullish closes, red for bearish closes.
• Tick normalization ensures clean display across assets with different decimal precision.
• Color-coding gives instant sentiment context.
• Serves as the anchor reference for all other metrics in the row.
The Market Echo Screener is not a simple signal table — it’s a layered analytics framework.
Each column is driven by technical calculations: smoothing filters, volatility projections, equilibrium models, and adaptive band logic. Together, they create a unified lens on multiple assets, allowing traders to rapidly identify alignment, filter out noise, and focus on the clearest opportunities.
Trading Range Aggression Histogram
This indicator is a histogram that accumulates the net volume of aggressive buying and selling per candle, representing the dominant market pressure within defined time-frame.
The indicator works by continuously summing volumes as long as the aggression remains in the same direction, resetting and reversing the accumulation when the pressure changes sides.
This creates visual waves that facilitate the perception of phases dominated by buyers and sellers over time. The tool is useful to identify moments of strength, weakness, and potential reversals in a dynamic market, especially in short-term trading.
Trendlines with Breaks Oscillator [LuxAlgo]The Trendlines with Breaks Oscillator is an oscillator based on the Trendlines with Breaks indicator, and tracks the maximum distance on price from bullish and bearish trendline breakouts.
The oscillator features divergences and trendline breakout detection.
🔶 USAGE
This tool is based on our Trendlines with Breaks indicator, which detects bullish and bearish trendlines and highlights the breaks on the chart. Now, we bring you this tool as an oscillator.
The oscillator calculates the maximum distance between the price and the break of each trendline, for both bullish and bearish cases, then calculates the delta between both.
When the oscillator is above 0, the market is in an uptrend; when it is below 0, it is in a downtrend. An ascending slope indicates positive momentum, and a descending slope indicates negative momentum.
Trendline breaks are displayed as green and red dots on the oscillator. A green dot corresponds to a bullish break of a descending trendline, and a red dot corresponds to a bearish break of an ascending trendline.
The oscillator calculation depends on two parameters from the settings panel: short and long alpha length. These parameters are used to calculate a synthetic EMA with a variable alpha for both bullish and bearish breaks. The final result is the difference between the two averages.
As shown in the image, using the same trend detection parameters but different alphas can produce very different results. The larger the alphas, the smoother the oscillator becomes, detecting bigger trends but making it less reactive.
This tool features the same trendline detection system as the Trendlines with Breaks indicator, which is based on three main parameters: swing length, slope, and calculation method.
As we can see in the image above, the data collected for the oscillator calculation will be different when using different parameters. A larger length detects larger trends. A larger slope or a different calculation method also impacts the final result.
🔹 Signal Line
The signal line is a smoothed version of the oscillator; traders can choose the smoothing method and length used from the settings panel.
In the image, the signal line crossings are displayed as vertical lines. As we can see, the market usually corrects downward after a bearish crossing and corrects upward after a bullish crossing.
Traders can choose among 10 different smoothing methods for the signal line. In the image, we can see how different methods and lengths give different outputs.
🔹 Divergences
The tool features a divergence detector that helps traders understand the strength behind price movements. Traders can adjust the detection length from the settings panel.
As shown in the image, a bearish divergence occurs when the price prints higher highs, but the momentum on the histogram prints lower highs. A bullish divergence occurs when the price prints lower lows, but the histogram prints higher lows.
By adjusting the length of the divergence detector, traders can filter out smaller divergences, allowing the tool to only detect more significant ones.
The image above depicts divergences detected with different lengths; the larger the length, the bigger the divergences are detected.
🔶 SETTINGS
🔹 Trendlines
Swing Detection Lookback: The size of the market structure used for trendline detection.
Slope: Slope steepness, a value of 0 gives horizontal levels, values larger than 1 give a steeper slope
Slope Calculation Method: Choose how the slope is calculated
🔹 Oscillator
Short Alpha Length: Synthetic EMA short period
Long Alpha Length: Synthetic EMA long period
Smoothing Signal: Choose the smoothing method and period
Divergences: Enable or disable divergences and select the detection length.
🔹 Style
Bullish: Select bullish color.
Bearish: Select bearish color.
Asset vs Total Market Cap & Relative Strength Purpose
This indicator allows traders to compare a selected asset to the major market benchmarks:
BTC – primary crypto market leader
ETH – secondary crypto market leader
USDT.D – shows market risk-on vs risk-off sentiment
TOTAL – total crypto market capitalization, useful for overall market trends
It also provides relative strength calculations:
Rel. Strength = Asset % change - USDT.D % change
Rel. Strength vs Total = Asset % change - Total % change
This allows you to see if your asset is outperforming or underperforming broader benchmarks.
The table covers multiple timeframes, making it easy to scan both short-term and longer-term trends:
Row Timeframe
0 Current
1 15m
2 1H
3 4H
4 1D
Selected Asset / BTC / ETH:
Green for positive % change
Red for negative % change
Gradient intensity proportional to magnitude (maxAbsChange input)
USDT.D:
Orange if rising (risk-off)
Teal if falling (risk-on)
Total Market Cap / Rel. Strength:
Gradient reflects asset performance relative to total market, independent of USDT.D.
Positives
Compact dashboard: Everything is in one table for quick scanning.
Multi-timeframe comparison: Traders can instantly see short-term vs long-term strength.
Relative performance visualization: Gradients immediately highlight outperformers and underperformers.
Benchmark comparisons: Asset vs BTC, ETH, USDT.D, and Total Market Cap.
Independent Rel. Strength: Highlights whether the asset is outperforming even if the total market moves.
Customizable gradient sensitivity: maxAbsChange and maxRelChange allow tuning how “strong” the colors appear.
Chart plotting: Rel. Strength vs total market is plotted for further visual reference.
How to Use
Green table cells → strong positive movement
Red table cells → negative movement
Rel. Strength > 0 → asset outperforming
Rel. Strength < 0 → asset underperforming
Use table to compare relative performance vs BTC, ETH, and total market for informed trading decisions.
Avg % Move Dashboard — Body and WicksTitle
Avg % Move Dashboard — Body and Wicks (w/ True Range)
Summary
Compact right-side dashboard showing the average percent move of recent candles:
Body size (absolute % from Open to Close)
Body bias (signed %, with up/down arrow and color)
Full range (High–Low %)
True range (ATR-style % relative to previous close)
Perfect for quickly gauging current market velocity and directional skew on any symbol or timeframe.
How It Works
Body % (per bar): (Close − Open) / Open × 100
Full range % (per bar): (High − Low) / Open × 100
True range % (per bar): max(High−Low, |High−PrevClose|, |Low−PrevClose|) / PrevClose × 100
Averages: Simple moving averages over the last N candles
Rounding: Values rounded to your chosen decimals
Bias row: shows signed average body percent with an ↑/↓ arrow and green/red color; near-zero values can display a neutral ⟷ based on a threshold
Settings
Candles to average (default 20): Window length for SMA calculations.
Decimals: Rounding precision for display.
Dashboard position: Top/Middle/Bottom Right.
Dashboard size: Tiny, Small, Normal, Large, Huge.
Background Color: Panel background.
Text Color (size rows): For non-bias rows.
Near-zero threshold (%): If the average body bias absolute value is below this, show neutral (⟷) instead of bullish/bearish.
What to show (toggles):
Show Body (Open→Close)
Show Full Range (High→Low)
Show True Range (ATR-style)
What You’ll See
Body size: average absolute body percent (magnitude only).
Body bias: average signed body percent with:
↑ and green if bullish
↓ and red if bearish
⟷ and gray if within the near-zero threshold
Full Range: average percent from High to Low.
True Range: average percent true range relative to previous close.
Footer: n = number of candles used.
How to Use
Add to any chart and timeframe; it overlays a table on the right-side.
Use “Body size” to assess typical candle strength.
Use “Body bias” to see directional skew:
Strong positive = persistent buying pressure.
Strong negative = persistent selling pressure.
Near-zero = balanced/sideways conditions.
Compare “Full range” vs “Body size”:
Large range but small body may indicate indecision or wicky conditions.
“True range” offers a classic ATR-style read (relative to prior close), useful for volatility-aware sizing.
Adjust “Candles to average” to your timeframe:
Short-term (scalps): 20–50
Intraday: 50–100
Swing: 100–200+
Best Practices
Pair with structure (S/R, sessions) to avoid false impressions in thin markets.
Increase length on noisy pairs/timeframes to smooth out noise.
Use the near-zero threshold to suppress micro-bias and focus on meaningful shifts.
Alerts
This dashboard is informational and doesn’t define alertconditions in the code. If you’d like, I can add optional alerts (e.g., bias flips from bearish to bullish beyond threshold, or volatility spikes on TR) — just say the word.
Limitations
This panel summarizes recent averages; it’s not a signal generator.
Values can differ across assets/timeframes; tune “Candles to average.”
True Range uses prev close normalization; that’s by design for ATR-style context.
Changelog
v1.0: Initial release — Body size, Body bias (with arrows/colors/neutral), Full Range, True Range, configurable UI.
ATR (No Gap) - Advanced Volatility IndicatorA customizable Average True Range indicator that eliminates gap distortion between trading sessions, providing cleaner volatility measurements for intraday and swing traders.
Key Features:
Gap Filtering: Optional toggle to ignore overnight/weekend gaps that distort volatility readings
EMA Smoothing: Defaults to EMA for more responsive volatility tracking (also supports RMA and SMA)
Half ATR Display: Shows 50% ATR value for quick stop-loss and take-profit calculations
Clean Value Table: Real-time values displayed on chart with configurable decimal precision
Flexible Settings: Customize length, smoothing method, and display options
Ideal for:
Setting dynamic stop losses and take profits
Position sizing based on current volatility
Comparing gap vs. no-gap volatility measurements
Trading instruments with large overnight gaps (indices, forex, crypto)
Use this indicator to get a more accurate picture of intraday volatility without the noise from session gaps!
SJ Fx Session RangeSJ Fx Session Range Indicator
A Professional Forex Session Tracking Tool with Opening Range Analysis
Overview
The SJ Fx Session Range indicator is a comprehensive tool designed to help forex traders visualize major trading sessions (Asia, Europe+London, and New York) along with their first 15-minute opening ranges. Built with Pine Script v5, this indicator provides clear session boundaries, high/low ranges, and customizable opening range analysis to enhance your trading decisions.
Key Features
1. Trading Session Boxes
- Three major forex sessions: Asia, Europe+London, and New York
- Color-coded session boxes with transparent backgrounds for easy visualization
- Automatic session high/low tracking
- Session labels displayed inside boxes for quick identification
- Displays up to 50 historical sessions for pattern analysis
2. Opening Range Analysis
- Tracks first 15-minute opening range for Europe, London, and NY sessions
- Plots high, low, and mid-range levels
- Customizable line colors for each session's opening range
- Background highlights during the first 15 minutes of each session
- Helps identify potential breakout or reversal zones
3. Daylight Saving Time Support
- Built-in DST toggle for easy seasonal adjustment
- Automatically adjusts all session timings by 1 hour when enabled
- Clear tooltip instructions for when to enable/disable DST
- Default timings configured for IST timezone (Asia/Kolkata)
4. User-Friendly Design
- Clean input interface organized by session categories
- Fixed optimal settings for boxes and lines (50-day history)
- All session times are easily customizable with helpful tooltips
- Warning tooltips to prevent accidental timing changes
Default Session Times (when DST is disabled)
- Asia Session: 04:00 - 12:30 IST
- Europe + London Session: 12:30 - 20:00 IST
- New York Session: 20:00 - 02:30 IST
How to Use
1. Add to Chart: Apply the indicator to any forex pair chart
2. Adjust DST: Enable the "Start Daylight Saving Time Change" checkbox on the second Sunday in March; disable on the first Sunday in November
3. Customize Sessions: Toggle individual sessions on/off based on your trading preference
4. Opening Range Colors: Customize the opening range line colors for better visibility
5. Session Times: Default times are optimized for IST; modify only if trading from a different timezone
Technical Specifications
- Version: Pine Script v5
- Overlay: Yes (draws directly on price chart)
- Maximum Objects: 500 boxes, 500 lines
- History: 50 days of session data
- Timezone: Asia/Kolkata (IST) - customizable in code
Use Cases
- Identify high-liquidity trading periods
- Track session volatility patterns
- Monitor opening range breakouts/breakdowns
- Analyze session-specific price action
- Plan entries around major session opens
- Avoid trading during low-liquidity periods
Performance
Optimized for efficient rendering with:
- Fixed 50-day history limit for optimal performance
- Automatic cleanup of old session boxes and lines
- Lightweight code structure for fast chart loading
Customization Options
Available Inputs:
- Enable/disable individual sessions
- Adjust session timings (with safety tooltips)
- Toggle DST on/off
- Show/hide opening range analysis
- Customize opening range line colors for each session
Fixed for Optimal Performance:
- Session box colors (Asia: Aqua, Europe: Green, NY: Red)
- 50-day historical display
- Line width and style
- Mid-range line always displayed
Educational Value
This indicator helps traders:
- Understand forex market structure and session overlaps
- Recognize high-probability trading times
- Develop session-based trading strategies
- Improve timing of trade entries and exits
Open Source License
This script is published under Mozilla Public License 2.0, allowing you to:
- Use freely for personal trading
- Modify and adapt to your needs
- Learn from the code structure
- Share improvements with the community
Credits
Developed by Shantanu Joshi
- Designed for forex traders focusing on session-based strategies
- Built with clean, well-documented Pine Script v5 code
- Regular updates and improvements based on user feedback
Support & Feedback
If you find this indicator useful:
- Give it a thumbs up
- Share your trading results in the comments
- Suggest improvements or new features
- Report any issues for quick resolution
Disclaimer
This indicator is for educational and informational purposes only. It does not constitute financial advice. Always conduct your own research and risk management before making trading decisions. Past performance does not guarantee future results.
Compatible with: CFDs of forex pairs, commodities, indices, and crypto.
Best used on: 5-minutes
Recommended chart type: Candlestick charts
Ohm's Law Market Model (V=I·R)Ohm's Law Market Model (V=I·R)
This indicator applies the concept of Ohm's Law from physics to the financial markets, creating a model to analyze market dynamics as if they were an electrical circuit.
The core idea is:
Voltage (V): Represents price "pressure" or the strength of a recent price move (the return).
Current (I): Represents the "flow" of transactions, measured by volume relative to its average.
Resistance (R): Represents the market "friction" or difficulty of moving the price.
By combining these, the indicator calculates Power (P), which signifies the overall energy and strength behind a market move.
How to Read the Indicator
This indicator displays five main lines in an oscillator panel below your chart. By default, they are "Z-score normalized," meaning they show how many standard deviations away from their 200-bar average they are.
A value of 0 is "normal."
A value of +2.0 is "very high" or "very strong."
A value of -2.0 is "very low" or "very weak."
The 5 Plots
Voltage (V) - Teal/Red:
Above 0 (Teal): Positive price pressure (price has gone up recently).
Below 0 (Red): Negative price pressure (price has gone down recently).
What it means: How much "push" is behind the price?
Current (I) - Teal/Red:
Above 0 (Teal): High, positive transaction flow (high volume on up-moves).
Below 0 (Red): High, negative transaction flow (high volume on down-moves).
What it means: Is volume confirming the price push?
Resistance (R) - Orange:
High (e.g., > 0.5): High market friction. It's hard to move the price. This can be caused by low volume (low Current) or high volatility (ATR friction).
Low (e.g., < 0): Low market friction. It's easy to move the price.
Conductance (G) - Blue:
This is simply the inverse of Resistance (G = 1/R).
High (e.g., > 0.5): The market is "conductive." Price can move easily.
Low (e.g., < 0): The market is "non-conductive." Price movement is difficult.
Power (P) - Purple (Thick Line):This is the most important line, as it combines Voltage and Current (P = V * I).
High (e.g., > 1.0): Indicates a very strong, energetic, and well-supported trend (high price pressure and high volume flow).
Low (e.g., < -0.5): Indicates a weak, "exhausted" market, or a strong "anti-trend" (e.g., a sharp drop with high volume).
Key Signals
The indicator generates two primary signals, shown as triangles on the chart:
Breakout (BRK) - Teal Triangle Up:
This appears when Power is high and Conductance is high. Interpretation: The market is showing a lot of energy (high Power) and it's easy for the price to move (high Conductance). This is a classic sign of a strong breakout or trend continuation.
Exhaustion (EXH) - Red Triangle Down: This appears when Power is low and Resistance is high.I nterpretation: The market has very little energy (low Power) and it's very difficult to move the price (high Resistance). This often signals that a trend is running out of steam and may be at an exhaustion point, ripe for a reversal.
Key User Inputs
Voltage Window (20): How far back (in bars) to look to measure the price "push" (Voltage).
Current Baseline (50): The moving average length used to normalize volume (Current).
Z-score normalize plots (Checked): This is the setting that makes all plots revolve around the "0" line. It's highly recommended to keep this on.
Include ATR Friction (Checked): Adds a volatility (ATR) component to Resistance. When checked, high volatility increases resistance, making it "harder" for a trend to continue, which is a realistic model.
DeMARK 9-13For the first time ever, the power and precision of DeMARK is now available on TradingView. Combining core elements of the renowned Sequential® and Combo® studies, the DeMARK 9-13® indicator delivers the same unique insights in a streamlined interface.
The Sequential and Combo family of indicators have been trusted by the top financial firms, funds and figures for decades to enhance their trading and investment strategies. Known for their 9 Setup® and 13 Countdown® readings, these studies are designed to highlight potential market reversals as well as key areas of support, resistance and momentum. With DeMARK 9-13, users can access these groundbreaking techniques in one integrated offering.
While it's often said, "the trend is your friend," it's also crucial to recognize when it's about to end. Identifying potential market inflection points allows you to buy weakness and sell strength, improving your cost basis, reducing risk and allowing you to capitalize on a greater portion of the reversal.
At its core, 9s and 13s are constructed to measure market momentum and exhaustion. Both Sequential and Combo consist of two phases: Setup and Countdown. The Setup phase compares price activity across nine consecutive bars to define the market environment, while the Countdown phase performs a separate 13-bar comparison to indicate when a reversal may be imminent. A 9-13 reading reflects the fulfillment of both phases. When combined with TDST® lines and Risk Levels®, this approach provides a more comprehensive view of the market.
The DeMARK 9-13 indicator consists of:
Sequential
Combo
9 Setup
13 Countdown
TD Setup Trend (TDST)
Perfected® Setup
Risk Levels & Zones
Together, these elements provide an unparalleled view into the inner workings of the market, helping you anticipate shifts and act with greater precision.
🟡 DESCRIPTION
SETUP
The initial stage of the DeMARK 9-13 indicator is the Setup phase. This series is the same for both Sequential and Combo and compares the close of the current bar to the close four bars earlier. Buy Setup counts are displayed in blue below the data set and fulfilled when there are nine consecutive closes less than the close four bars earlier. Sell Setup counts are displayed in blue above the data set and fulfilled when there are nine consecutive closes greater than the close four bars earlier.
During the active Setup, all number counts remain visible to show the progress of the series. Upon completing the Setup, the 9 is recorded and the 1-8 counts are removed. This reduces visual distraction and allows for more result history (due to TradingView’s 500-label limit). Setups are always counting, with Price Flips® occurring as the series alternates between Buy and Sell Setups.
PERFECTED SETUPS
Setups can be classified as either “Perfected” or “Imperfected.” The Setup is Perfected when the 9 is completed and the 6 and 7 bars have been exceeded. In the case of a Buy Setup, the low of bars 8 or 9 must be less than the low of bars 6 and 7. Conversely, in the case of a Sell Setup, the high of bars 8 or 9 must be greater than the high of bars 6 and 7. The point at which the Setup is perfected is displayed with a solid blue dot, matching the color of the Setup series.
Generally speaking, the market will reverse or stabilize within one to four bars of a completed and Perfected Setup 9. The strength and duration of this response can be assessed with the implementation of other indicators, such as TDST® lines.
TD SETUP TREND (TDST)
The TDST indicator is derived from the Setup phase and is used to confirm market trends and identify likely trend failures. A TDST resistance line is drawn from the highest true high of the completed 9 Buy Setup series, while a TDST support line is drawn from the lowest true low of the completed 9 Sell Setup series. These TDST lines provide an indication of market support, resistance and momentum to help evaluate the integrity of the move.
TDST lines are displayed in a lighter blue than the Setup phase. When Breakout Qualifiers are enabled, TDST lines can be considered qualified or disqualified. Disqualified TDSTs appear as a dashed line, indicating potential support in the case of TDST support lines or resistance in the case of TDST resistance lines. Qualified TDSTs appear as a solid line and will stop drawing when a breakout or breakdown occurs, suggesting continued momentum.
COUNTDOWN
Once the Setup phase is completed, the second stage of the DeMARK 9-13 indicator can begin — the Countdown phase. Sequential and Combo share the same Setup series, but there are subtle differences in their respective Countdown phases, each constructed to identify areas of potential trend exhaustion in different market conditions.
Sequential is designed to respond in both trending and consolidating markets, while Combo is more responsive in trending environments and inactive during periods of market consolidation. For that reason, we often say that Combo identifies the highest or lowest points of a move, with Sequential identifying secondary tests. When aligned, these results are even more powerful.
SEQUENTIAL COUNTDOWN
A Sequential Buy Countdown is possible upon completion of a Buy Setup and looks for 13 closes less than or equal to the low two bars earlier. Sequential Buy Countdown counts are displayed as a dark green number below the data set and can begin as early as the 9 bar of a completed Buy Setup. A Sequential Sell Countdown is possible upon completion of a Sell Setup and looks for 13 closes greater than or equal to the high two bars earlier. Sequential Sell Countdown counts are displayed as a dark red number above the data set and can begin as early as the 9 bar of a Sell Setup. Because of this overlap, Sequential Countdown requires as few as 12 bars beyond the 9 Setup to complete the cycle.
Unlike the Setup phase, Countdown counts need not be consecutive. During the active Countdown, all number counts remain visible to display the progress of the series. Upon completing the Countdown, the 13 is confirmed and the 1-12 counts are removed. This reduces visual distraction and allows for more result history (due to TradingView’s 500-label limit).
A completed Sequential 13 Countdown marks the fulfillment of the 9-13 reading and identifies potential market exhaustion. Additional elements of Sequential Countdown like Intersection, Countdown Deferral, Risk Levels and the 12-bar rule can be used to provide further detail and are outlined below.
COMBO COUNTDOWN
A Combo Buy Countdown is possible upon completion of a Buy Setup and looks for 13 closes less than or equal to the low two bars earlier, with additional rules based on the Combo version selected. Combo Buy Countdown counts are displayed as a light green number below the data set and can begin as early as the 1 bar of a completed Buy Setup. A Combo Sell Countdown is possible upon completion of a Sell Setup and looks for 13 closes greater than or equal to the high two bars earlier, with additional rules based on the Combo version selected. Combo Sell Countdown counts are displayed as a magenta number above the data set and can begin as early as the 1 bar of a Sell Setup. Because of this overlap, Combo Countdown requires as few as four bars beyond the 9 Setup to complete the cycle.
Unlike the Setup phase, Countdown counts need not be consecutive. During the active Countdown, all number counts remain visible to display the progress of the series. Upon completing the Countdown, the 13 is confirmed and the 1-12 counts are removed. This reduces visual distraction and allows for more result history (due to TradingView’s 500-label limit).A completed Combo 13 Countdown marks the fulfillment of the 9-13 reading and identifies potential market exhaustion. Additional elements of Combo Countdown like Risk Levels and the 12-bar rule can be used to provide further detail and are outlined below.
RISK LEVELS
When a 9 Setup or 13 Countdown indication is recorded, a Risk Level is generated to identify the zone within which a reversal should occur. This level accounts for any residual trend momentum without invalidating the buy or sell indication. For a completed buy indication, the Risk Level marks the price above which the 9 or 13 remains active and serves as additional support. Conversely, for a completed sell indication, it marks the price below which the 9 or 13 remains active and serves as additional resistance. This level can be viewed as the maximum threshold the indication can withstand before the prevailing momentum overwhelms and negates it and is often used to establish stop-loss areas.
Risk Level line colors correspond to the completed Setup, Sequential Countdown or Combo Countdown that generated it. Shaded risk zones can also be displayed, further highlighting the indication window. When Breakout Qualifiers are enabled, the Risk Level can be considered qualified or disqualified. Disqualified Risk Levels appear as a dashed line, indicating likely support in the case of a buy indication and likely resistance in the case of a sell indication. Qualified Risk Levels appear as a solid line and will stop drawing when a breakout or breakdown occurs, suggesting continued momentum.
4-BAR & 12-BAR METRICS
Generally speaking, the market should see some sort of response within four bars of a completed 9 Setup indication and 12 bars of a completed 13 Countdown indication. If the chart has not responded in that time the existing trend is likely to continue.
INTERSECTION
Intersection is an elective setting unique to Sequential Countdown. When enabled, it postpones the start of the Countdown phase until the price range of the later Setup counts overlap with the price activity of any Setup count occurring three or more bars earlier. This is intended as a pressure release to avoid commencing the count during an extraordinary breakaway market event or aberration. The Intersection level’s color matches its corresponding Buy and Sell Countdown reading and is displayed as a horizontal line on the confirming bar.
COUNTDOWN DEFERRAL
The Sequential Countdown phase of the DeMARK 9-13 indicator includes two optional Countdown Deferral qualifiers — the 13 vs. 8 rule and the 8 vs. 5 rule.
The 13 vs. 8 Countdown Deferral rule is designed to ensure that the tail end of the Countdown is representative of the existing trend. To fulfill this restriction, the low of the 13 bar must be less than or equal to the close of the 8 bar in the case of a Sequential Buy Countdown, while the high of the 13 bar must be greater than or equal to the close of the 8 bar in the case of a Sequential Sell Countdown. Because Countdown counts can increment in a sideways market, this rule helps to confirm that a trend has remained intact and improves accuracy as the series reaches its completion.
When enabled, this Countdown Deferral condition substitutes a “+” for what would otherwise be a “13,” thereby postponing the count. A Sequential Buy Countdown deferral is displayed in dark green below the data set, while a Sequential Sell Countdown deferral is displayed in dark red above the data set. Note that this optional setting is enabled by default and labeled “Last vs. 8 Qualifier” in the DeMARK 9-13 indicator settings.
Whereas the 13 vs. 8 rule is designed to ensure that the tail end of the Sequential series is representative of the existing trend, the 8 vs. 5 Countdown Deferral rule is designed to ensure that the body of the Countdown phase is properly configured. As with the 13 vs. 8 rule, the 8 vs. 5 rule matches the color and placement of its corresponding Buy or Sell Countdown series and substitutes a “+” for what would otherwise be a “5”, thereby postponing the count. The 13 vs. 8 comparison is critical to the Countdown phase, while the 8 vs. 5 comparison is elective and provides additional confidence that the trend has remained intact.
COUNTDOWN RECYCLE®
Markets are constantly evolving to reflect new information. Just as fundamentals experience occasional adjustments impacting the expectations of the asset, so too do technical analysis and market timing. This is most often reflected in the Sequential and Combo Countdown phase by a process known as Recycling.
Recycling occurs when a Countdown 13 is interrupted by a subsequent overlapping “22” Setup count in the same direction. Recycling suggests that the new Setup is sufficiently strong to weaken the impact of a confirmed Countdown series and resets the process. A recycling indication is represented as an “R” where the Countdown 13 was previously displayed, matching the color and placement of that Buy or Sell Countdown series.
COUNTDOWN CANCELLATION
Once completed, a 9 Setup and 13 Countdown confirmation is permanent and never altered. However, it’s important to note that Countdowns can be cancelled during their construction phase. There are two scenarios where a Countdown series would be removed from the chart.
The first Countdown cancellation scenario occurs when a subsequent 9 Setup is confirmed in the opposite direction prior to the completion of the Countdown phase. The reasoning is that market conditions have changed from what they were when the initial Setup was fulfilled, making the newer Setup more relevant. Upon confirming an opposing 9 Setup, the incomplete Countdown phase is canceled and removed from the chart.
The second Countdown cancellation scenario takes place when the TDST in the opposite direction is violated, suggesting a conclusion to the previous trend and a confirmation of a new one. In these cases, a true low that occurs above the Buy Setup’s TDST resistance line, or a true high that occurs below the Sell Setup’s TDST support line, cancels the incomplete Countdown phase and removes the counts from the chart.
🟡 SETTINGS
DISPLAY
Setup : Displays the Setup phase of the Sequential and Combo indicators. The first swatch controls the color of the Buy Setup phase displayed below the data set. The second swatch controls the color of the Sell Setup phase displayed above the data set.
TDST : Displays the TDST lines for the Sequential and Combo indicators. The first swatch controls the color of the TDST resistance lines associated with the Buy Setup phase. The second swatch controls the color of the TDST support lines associated with the Sell Setup phase.
Sequential Countdown : Displays the Countdown phase of the Sequential indicator. The first swatch controls the color of the Buy Countdown phase displayed below the data set. The second swatch controls the color of the Sell Countdown phase displayed above the data set.
Combo Countdown : Displays the Countdown phase of the Combo indicator. The first swatch controls the color of the Buy Countdown phase displayed below the data set. The second swatch controls the color of the Sell Countdown phase displayed above the data set.
Indicator font size : Adjusts the size of the Sequential and Combo indicator counts displayed above and below the data set. ( Default: 18 )
Display full series count : Displays the full Sequential and Combo numerical series for the active 9 Setup and 13 Countdown phases only, or for all completed indications (within TradingView’s 500-label limit). ( Default: Active only )
SETUP
Bars to Setup : Number of consecutive bars needed to complete the Setup phase. ( Default: 9 )
Bars to look back : Defines the bar to which the current Setup count is compared. ( Default: 4 )
Setup compare : Determines whether equal prices should increment the Setup count. ( Default: Without equal )
Count completion weight : Adjusts the font weight of the Setup completion counts displayed above and below the data set. ( Default: Bold )
Setup Perfection : Identifies when Setup Perfection occurs, with the low of the final two Buy Setup counts less than the lows three or four bars prior to completion, and the high of the final two Sell Setup counts greater than the highs three or four bars prior to completion. With the default “Bars to Setup” setting of “9,” Perfection occurs when the low of Buy Setup bar 8 or 9 is less than the lows of bars 6 and 7, and the high of Sell Setup bar 8 or 9 is greater than the highs of bars 6 and 7. ( Default: Enabled )
Enable Setup Risk Level : Displays the Risk Level tied to the Setup. ( Default: On )
Enable Setup Risk Level Zone : Shades the area between the completed Setup and its Risk Level. ( Default: On )
TD SETUP TREND (TDST)
TDST line thickness : Adjusts the thickness of TDST support and resistance lines. ( Default: Standard )
COUNTDOWN (SHARED)
Bars to Countdown : Number of bars needed to complete the Countdown phase. ( Default: 13 )
Bars to look back : Defines the bar to which the current Countdown count is compared. ( Default: 2 )
Countdown comparison value : Output used in the Countdown look back comparison. For Aggressive settings, Low/High is required. ( Default: Close )
Termination Count price value : Allows the final count of the Countdown phase to use a different comparison value for more flexibility. ( Default: Open or Close )
Countdown compare : Determines whether equal prices should increment the Countdown count. ( Default: With equal )
Count completion weight : Adjusts the font weight of the Countdown completion counts displayed above and below the data set. ( Default: Bold )
SEQUENTIAL COUNTDOWN
Enable Intersection : Toggles the Sequential Intersection phase requirement. ( Default: Off )
8 vs. 5 Qualifier : Qualifier requiring the low of the 8 Buy Countdown to be less than the close of the 5 count, and the high of the 8 Sell Countdown to be greater than the close of the 5 count. ( Default: Off )
Last vs. 8 Qualifier : Qualifier requiring the low of the final Buy Countdown count to be less than the close of the 8 count, and the high of the final Sell Countdown to be greater than the close of the 8 count. With the default “Bars to Countdown” setting of “13,” the low of the 13 Buy Countdown would need to be less than the close of the 8 count, and the high of the 13 Sell Countdown would need to be greater than the close of the 8 count. ( Default: On )
Enable Risk Level : Displays the Risk Level tied to the Countdown. ( Default: On )
Enable Risk Level Zone : Shades the area between the completed Countdown and its Risk Level. ( Default: On )
COMBO COUNTDOWN
Combo version : Determines the version of Combo used for the Countdown phase, whether it’s Standard, Conservative or Aggressive. ( Default: Standard )
Enable Risk Level : Displays the Risk Level tied to the Countdown. ( Default: On )
Enable Risk Level Zone : Shades the area between the completed Countdown and its Risk Level. ( Default: On )
RECYCLE
Enable Recycle : Toggles Recycling, replacing the final Sequential and Combo Countdown count with an “R” when its rules are met. With the default “Bars to Countdown” setting of “13,” a recycled 13 count would be replaced with the ‘R’. ( Default: On )
Setup Count : Defines the number of consecutive Setup bars required to trigger a Recycle. ( Default: 22 )
CANCEL
Reverse Setup : Incomplete Countdowns are cancelled when a Setup in the opposite direction is confirmed. ( Default: On )
TDST Rule : Incomplete Buy Countdowns are cancelled when a true low exceeds the Buy Setup’s TDST resistance line, and incomplete Sell Countdowns are cancelled when a true high breaks the Sell Setup’s TDST support line. ( Default: On )
BREAKOUT QUALIFIERS
Enable Breakout Qualifiers : Breakout Qualifier rules will dictate whether TDST and Risk Level line breakouts can be considered qualified or disqualified. Qualified lines are solid and will stop drawing when a breakout or breakdown occurs, suggesting continued momentum. Disqualified lines are dashed, serving as resistance in the case of a false breakout and support in the case of a false breakdown. When Breakout Qualifier rules are disabled, a line becomes solid on any close beyond the level. ( Default: On )
🟡 DISCLAIMER
By subscribing to and or using DeMARK 9-13 or any other DeMARK Indicators on TradingView, you acknowledge that you have read, understood and agree to the DeMARK for TradingView Terms of Service (located in the DeMARK account signature) as well as any updates to those terms which may happen from time-to-time.
The DeMARK Indicators are powerful tools designed to assist the individual process you use to understand financial markets and make investment decisions but they are not trading systems. Any information presented is not, and should not be construed as, financial or investment advice. You should not make any investment decision based solely on the information provided by these tools. The products we offer do not recommend or endorse any specific securities, financial products or investment strategies. Any information, data or analysis presented by any DeMARK products or tools is generic and does not consider your personal financial situation, investment objectives or risk tolerance. All investment decisions are yours alone and are made at your own risk. Those risks include, but are not limited to, potential system errors, data inaccuracies or outages.
From time to time unauthorized and unaffiliated third parties use the DeMARK name or the names of our copyrighted and/or trademarked products in an unapproved, inaccurate and misleading manner. While we do our best to remove these examples, some fake, flawed and fraudulent may exist. The only official and accurate sources of our products are those listed on the DeMARK company website. Unauthorized reproduction, copying, scraping, republishing, distribution, dissemination or any other use of our name, trademarks and/or copyrighted materials (including this script documentation) is prohibited.
Without in any way limiting DeMARK’s exclusive rights under copyright, trademark and all other intellectual property protections, any use of DeMARK products to “train” generative artificial intelligence (AI) technologies to generate text is expressly prohibited. DeMARK reserves all rights to license uses of this work for generative AI training and development of machine learning language or machine learning visual models.
The data and analysis in our products are based on sources believed to be reliable, but DeMARK does not control or guarantee the accuracy, completeness or timeliness of this information.
As a DeMARK subscriber or user, you are responsible for conducting your own research and due diligence before making any investment decisions.
Past performance, including any simulated or historical data, is not indicative of future results.
Paid script
Screener (SSA) [AlgoAlpha]🟠 OVERVIEW
This script is a multi-symbol screener that serves as a dashboard companion to the "Smart Signals Assistant (SSA)" indicator. Its purpose is to monitor the entire suite of SSA components—from the core signals to all confluence tools—across a customizable watchlist of up to 18 assets. By displaying the real-time status of each indicator in a single table, it allows traders to get a bird's-eye view of the market, quickly identify assets with strong trend confluence, and filter for high-probability setups without needing to switch charts.
The screener is designed to mirror the modularity of the main SSA indicator, allowing you to enable or disable components in the table to match your preferred trading dashboard.
🟠 CONCEPTS
The screener is built directly on the analytical framework of the Smart Signals Assistant, applying its complex, proprietary algorithms to each symbol in your watchlist and summarizing the results. The combination of these different analytical concepts is what gives the screener its utility, as it helps traders find opportunities where multiple, distinct strategies align.
Each column in the table represents a core trading concept:
Smart Signals: This is the primary signal engine, designed to identify potential entry points. It operates in different modes to capture both long-term swings and faster scalping opportunities.
Fair Value Trail (FVT): This component provides a dynamic, volatility-adjusted baseline for the trend. It acts as a form of dynamic support or resistance, helping to confirm the validity of a trend shown by the Smart Signals.
Trend Spine: This tool is designed to identify the underlying "backbone" of the market's trend. It filters out short-term price noise to provide a more stable, clear indication of the dominant market direction.
Trend Bias: This measures the strength and conviction behind a trend. It helps distinguish between a strong, accelerating move and a weak, decelerating one, adding a layer of momentum analysis.
Firmament Clouds: These are volatility-based bands that create dynamic overbought and oversold zones. They help identify when price is potentially overextended and due for a pullback or consolidation.
Trend-Range Classifier (TRC): A machine-learning model that analyzes market characteristics to classify the current environment as either "Trending" or "Ranging." This is crucial for helping traders apply the right strategy for the current conditions.
🟠 FEATURES
This screener organizes the complex data from the SSA indicator into a simple, color-coded table. Here is a breakdown of each column and its possible values:
Asset: Displays the ticker symbol for the asset being analyzed.
Smart Signals: Shows the latest signal from the core engine.
▲: A standard bullish signal has been detected.
▼: A standard bearish signal has been detected.
▲+: A strong bullish signal with higher conviction has been detected.
▼+: A strong bearish signal with higher conviction has been detected.
Fair Value Trail: Indicates the trend direction based on the volatility trail.
▲: The FVT is in a bullish trend (acting as dynamic support).
▼: The FVT is in a bearish trend (acting as dynamic resistance).
Trend Spine: Shows the direction of the core underlying trend.
▲: The underlying trend backbone is bullish.
▼: The underlying trend backbone is bearish.
Trend Bias: Measures the current momentum strength.
Strong▲: Strong and accelerating bullish momentum.
Weak▲: Bullish momentum exists but is weakening.
Strong▼: Strong and accelerating bearish momentum.
Weak▼: Bearish momentum exists but is weakening.
Firmament Clouds: Identifies overbought/oversold conditions relative to volatility.
Very Overbought / Overbought: Price is significantly extended above its recent range.
Very Oversold / Oversold: Price is significantly extended below its recent range.
Neutral: Price is trading within its normal volatility range.
Trend-Range Classifier: Displays the market state as determined by the ML model.
Trend: The market is in a trending environment, suitable for trend-following strategies.
Range: The market is in a ranging or consolidating environment, suitable for mean-reversion strategies.
Exit Signal Count: Tracks the number of take-profit signals that have occurred since the last primary Smart Signal.
0, 1, 2, 3...: A numerical count of exit signals. A higher number suggests a trend may be maturing or exhausting.
🟠 USAGE
The main purpose of the screener is to quickly identify assets where multiple components of the SSA system are in alignment, indicating a high-confluence trading opportunity.
1. Setup and Configuration:
Add the screener to your chart.
Go into the settings and populate the "Watchlist" group with the symbols you wish to monitor.
Ensure the settings for the components (Time Horizon, Signal Mode, etc.) are synchronized with the settings on your main SSA indicator for consistency.
2. Interpreting the Columns for Trading Decisions:
Start with the Big Picture (TRC): First, look at the "Trend-Range Classifier" column. If it shows "Trend," you should be looking for trend-following setups. If it shows "Range," you might avoid taking strong trend signals.
Establish Directional Bias (Spine & Bias): For trend-following, look for assets where the "Trend Spine" and "Trend Bias" agree. A "▲" in the Spine column combined with a "Strong▲" in the Bias column indicates a healthy and robust uptrend.
Time Your Entry (Smart Signals): Once you have an asset with a clear bias, watch the "Smart Signals" column for a fresh signal that aligns with that bias. A "▲+" signal appearing in an asset with a strong bullish bias across other columns is a high-confluence entry point.
Add Context (FVT & Clouds): Use the "Fair Value Trail" and "Firmament Clouds" to refine your entry. A buy signal is generally stronger if the FVT is also bullish ("▲") and the price is not in a "Very Overbought" state according to the clouds.
Manage the Trade (Exit Count): After entering a trade, keep an eye on the "Exit Signal Count." As the number increases, it serves as a warning that the trend is becoming extended and it might be time to take partial profits or tighten your stop-loss.
Paid script
Screener (ILPAC) [AlgoAlpha]🟠 OVERVIEW
This script is a powerful multi-symbol scanner designed to work as a companion to the "Institutional Liquidity & PA Concepts" (ILPAC) indicator. It allows you to monitor the key price action and liquidity signals from the ILPAC suite across a watchlist of up to 18 assets, all from a single dashboard. The primary goal of this tool is to provide a high-level market overview, enabling you to efficiently spot assets that are showing strong structural trends, interacting with key liquidity zones, or exhibiting signs of FOMO-driven volatility.
Instead of switching between dozens of charts, you can use this screener to quickly filter for assets that meet your specific trading criteria based on the advanced concepts of market structure, liquidity analysis, trend lines, and market sentiment.
🟠 CONCEPTS
The screener is built upon the core analytical engine of the "Institutional Liquidity & PA Concepts" indicator. It applies the proprietary algorithms of the ILPAC indicator to each symbol in your watchlist and presents the results in an easy-to-digest table. The concepts are combined to create a holistic view of the market.
Each column in the table is a window into a specific trading concept:
Market Structure: This is the foundation of price action analysis. The screener identifies the current market trend (bullish or bearish) by tracking swing highs and lows. It also flags critical events like a Break of Structure (BOS), which signals trend continuation, and a Change of Character (CHoCH), which suggests a potential trend reversal.
Liquidity Analysis: The screener analyzes order flow to determine where significant liquidity is resting. The "Liquidity Bias" column shows the net direction of this pressure, while the "Liquidity Event" column alerts you when price interacts with these key zones, either by forming a new one or mitigating an old one.
Trend Lines: This concept automates the classic technical analysis technique of drawing trend lines. The screener identifies significant swing points to form trend lines and then monitors them, alerting you to potential trend continuations or breakouts.
FOMO Bubbles: This concept measures crowd psychology by identifying sudden spikes in volume and price movement that are characteristic of "Fear of Missing Out." These signals can help identify potential trend exhaustion points or the start of a speculative rally.
By presenting these distinct but interconnected concepts together, the screener provides a multi-faceted view that allows traders to build a strong, confluence-based trading thesis.
🟠 FEATURES
This screener organizes a vast amount of data into a simple, color-coded table. Here is a breakdown of each column and the values you can expect to see:
Asset: Displays the ticker symbol for the asset being analyzed.
Market Structure: Shows the dominant trend based on swing highs and lows.
Bull: The asset is in a structural uptrend (making higher highs and higher lows).
Bear: The asset is in a structural downtrend (making lower highs and lower lows).
Detecting: The trend is neutral or a clear structure has not yet been established.
Structure Event: Flags the most recent significant market structure event.
Bull CHoCH: A bullish Change of Character, signaling a potential shift from a downtrend to an uptrend.
Bear CHoCH: A bearish Change of Character, signaling a potential shift from an uptrend to a downtrend.
Bull BOS: A bullish Break of Structure, confirming the continuation of an uptrend.
Bear BOS: A bearish Break of Structure, confirming the continuation of a downtrend.
–: No significant event has occurred recently.
Latest Swing Label: Identifies the most recently confirmed swing point.
HH: Higher High.
HL: Higher Low.
LH: Lower High.
LL: Lower Low.
–: No new swing point has been confirmed.
Liquidity Bias: Measures the net direction of liquidity and its relative strength.
▲ : A bullish liquidity bias, where the number indicates the strength.
▼ : A bearish liquidity bias, where the number indicates the strength.
Balanced: Liquidity is relatively balanced between buyers and sellers.
Liquidity Event: Indicates recent interactions with key liquidity zones.
New▲: A new bullish liquidity zone has just formed.
New▼: A new bearish liquidity zone has just formed.
Mit▲: Price has just tested (mitigated) a key bullish liquidity zone.
Mit▼: Price has just tested (mitigated) a key bearish liquidity zone.
–: No recent interaction.
Trend Line: Displays the status of automatically drawn trend lines.
Break▲: Price has broken above a key bearish trend line.
Break▼: Price has broken below a key bullish trend line.
Bull TL: Price is respecting an active bullish trend line.
Bear TL: Price is respecting an active bearish trend line.
–: No significant trend line is currently active.
FOMO: Detects sentiment-driven price moves of varying intensity.
Big▲/Med▲/Small▲: A bullish FOMO bubble has been detected (large, medium, or small).
Big▼/Med▼/Small▼: A bearish FOMO bubble has been detected (large, medium, or small).
–: No FOMO activity detected.
🟠 USAGE
The primary way to use this screener is to quickly scan your watchlist for assets that exhibit a confluence of bullish or bearish signals, which can significantly improve the probability of a trade.
1. Setup and Configuration:
Add the screener to your chart.
Open the settings and populate the "Watchlist" section with the symbols you want to track.
Fine-tune the input settings for each component (Market Structure, Liquidity, etc.) to match your preferred trading style. These settings will apply to all symbols in the table.
2. Interpreting the Columns for Trading Decisions:
Market Structure Columns: Use the first three structure columns to define your trading bias. For a high-probability long setup, you would look for an asset with a "Bull" structure, a recent "Bull BOS" event, and a "HL" as the latest swing point. This confirms the uptrend is healthy and ongoing.
Liquidity Columns: These are crucial for identifying key price levels. A strong "Liquidity Bias" can confirm your directional bias. A "Mit▲" (mitigation) event at a support level can be a powerful entry trigger, as it shows that institutional buy orders are defending that zone.
Trend Line Column: This is ideal for breakout traders. A "Break▲" signal can serve as an excellent entry confirmation, especially if the overall "Market Structure" is already "Bull".
FOMO Column: This column is best used for identifying potential exhaustion points. For instance, if you are in a long trade and a "Big▲" FOMO signal appears after a strong rally, it could be a sign that the move is overextended and it's a good time to consider taking profits.
Paid script
Triple Correlation Signal by COCOSTATriple Correlation Signal by COCOSTA
Concept
Bitcoin experiences violent swings driven by large liquidations and panic selling. During these chaotic market events, Bitcoin often decouples from its usual correlation patterns with traditional assets like gold, copper, and equity indices.
This indicator identifies these critical moments when an asset simultaneously loses correlation with three major reference assets—a phenomenon that typically signals oversold conditions and extreme market dislocations .
How It Works
The Triple Correlation Signal monitors the correlation coefficient between your primary asset and three customizable assets. Simply apply it to any chart—the signals will trigger based on that asset's correlation behavior.
Default Setup: Bitcoin (BTC1!)
Gold (GC1!) - Safe-haven asset correlation
Copper (HG1!) - Industrial/economic growth correlation
NASDAQ-100 (US100) - Technology/equity market correlation
When all three correlations fall below zero simultaneously , the indicator triggers a signal. This rare multi-asset decorrelation event suggests that the asset has decoupled far beyond normal trading ranges—often indicating extreme selling pressure that has pushed prices to unreasonable levels .
Signal Visualization
The indicator displays signals as vertical lines that span the full chart height when all three correlations drop below zero. A semi-transparent red background also highlights periods when the signal condition is active. This neutral visual representation avoids implying a specific directional bias.
Universal Application
This indicator works on any ticker or asset class . Simply change the chart to your desired asset and adjust the three correlation symbols to match different market combinations:
Stocks: Compare against sector indices, VIX, and bond futures
Commodities: Compare against currencies, equity indices, and related commodities
Forex: Compare against central bank proxies, commodity indices, and equity markets
Why Use BTC1! (CME Bitcoin Futures)
For Bitcoin specifically, use BTC1! (CME Bitcoin Futures) rather than spot BTCUSD. Since traditional assets like gold (GC1!) and copper (HG1!) trade on CME with market hours, using BTC1! ensures synchronized trading sessions and accurate correlation measurements . The 24/7 spot market can create timing mismatches that distort correlation readings.
Trading Application
Signal triggers = Potential capitulation events and oversold extremes
Best used with other confirmation indicators (support levels, RSI, volume analysis)
Customizable correlation length (default: 62 bars) and asset symbols to match any strategy
Finding Your Edge
Experiment with different asset combinations for your trading interest. If you discover particularly effective correlation combinations—especially for underexplored assets—feel free to reach out. Your insights help COCOSTA continuously improve market analysis tools.
Key Insight
When massive liquidations force panic selling, assets temporarily break their normal relationships with other markets. The Triple Correlation Signal catches these precise moments—your edge in identifying when any asset has been sold below reasonable value.
Created by COCOSTA | Advanced Market Analysis Tools
