IU Support and Resistance How this script works :
1. This script is an indicator script which calculates the support and resistance based on pivot high and pivot low and plot them as zone onto the chart.
2. The first user input is minimum number of touches which indicates how many time pivot high or pivot low should be tested in order to be a valid support or resistance level.
3.The second user input "Set Buffer" check if the user wants to use a custom buffer or not if it's unchanged then the default is 50% of the 1000 period ATR value .
4. If "Set Buffer" is checked meaning if it's set to true then only the third user input will be execute which is the "buffer" which indicates how much price range user wants his zone to have.
5. After the user input part this script create two arrays to store the pivot high and pivot low values every time he have a new value.
6. This script also creates two arrays to store the bar index of the bar where the new pivot high or pivot low is detected those bar index will be later use while creating the support and resistance zones.
7. Then the script creates four more arrays to store the final support and resistance values and their respective bar index which will be use for creating the support and resistance zones.
8. After this the script check that we are at the last bar of our chart if we are then we sort the support and resistance indices by descending order and store them into an new variable after that we sort the support and resistance arrays by descending order, then we loop through the arrays elements and we check if the previous element comes under the zone of the current element if so we increase the "minimum touch" variable by 1, once we have 5 or more count in our variable and we no longer have a valid zone then we store the element value and the sorted index of the element into our final arrays.
9. Finally the script will loop through the final support and resistance arrays and it will create a box for each support and resistance with respect to extending it on both directions.
10.The green zones are the support and the red zones are the resistance.
How user can benifits from this script:
1. User can automatically identify support and resistance zones and he can plan his trade as per that.
2. User can test how different markets reacts with support and resistance zones.
3. User can plan breakout trade on the break of the support or resistance level.
4. User can adjust he stop loss and take profit as per the support and resistance zones.
ابحث في النصوص البرمجية عن "THE SCRIPT"
IU Average move How The Script Works :
1. This script calculate the average movement of the price in a user defined custom session and plot the data in a table from on top left corner of the chart.
2. The script takes highest and lowest value of that custom session and store their difference into an array.
3. Then the script average the array thus gets the average price.
4. Addition to that the script converter the price pip change into percentage in order to calculate the value in percentage form.
5. This script is pure price action based the script only take price value and doesn't take any indicator for calculation.
6. The script works on every type of market.
7. If the session is invalid it returns nothing
8. The background color, text color and transparency is changeable.
How User Can Benefit From This Script:
1. User can understand the volatility of any session that he/she wish to trade.
2. It can be helpful for understanding the average price moment of any tradeble asset.
3. It will give the average price movement both in percentage and points bases.
4. By understanding the volatility user can adjust his stop loss or take profit with respect his risk management.
Naresh CE with 13 62 crossThank you to Lauris, for sharing knowledge and logic for the EMA cross-over (13/62).
The provided Pine Script is a custom script, which is designed to display Chandelier Exit levels on the price chart and generate buy and sell labels based on specific conditions.
Here's a breakdown of the key components and logic of the Pine Script:
Exponential Moving Averages (EMAs):
ema1: The 13-period Exponential Moving Average (EMA) of the closing price.
ema2: The 62-period Exponential Moving Average (EMA) of the closing price.
EMA Plotting:
The script plots the ema1 (13 EMA) and ema2 (62 EMA) lines on the price chart using the plot() function.
Chandelier Exit Calculation:
The Chandelier Exit values are calculated using the Average True Range (ATR).
The script calculates the atr (Average True Range) using the atr() function with the given length.
longStop is calculated as the highest price of the specified length minus the ATR, and shortStop is calculated as the lowest price plus the ATR.
Directional Indicator (dir):
The dir variable is used to determine the direction of the Chandelier Exit based on the comparison of the current close price with the previous long and short stops.
Buy and Sell Signals:
The script generates buy signals when the Chandelier Exit direction changes from short to long (buySignal).
Similarly, sell signals are generated when the Chandelier Exit direction changes from long to short (sellSignal).
The conditions for buy and sell signals are based on the value of dir and its previous value.
Buy and Sell Labels:
Buy and sell labels are plotted on the chart using plotshape() based on the generated buy and sell signals.
The showLabels input parameter controls whether to display the buy and sell labels.
Highlighting States:
The script fills the chart area with color (green for long, red for short) based on the direction of the Chandelier Exit values.
The highlightState input parameter controls whether to apply this highlighting.
Alerts:
The script includes alert conditions based on the direction change (changeCond), buy signal (buySignal), and sell signal (sellSignal) using the alertcondition() function.
The script aims to help traders identify potential buy and sell signals based on the Chandelier Exit levels derived from the 13 EMA and 62 EMA crossovers. The Chandelier Exit values can serve as dynamic stop-loss levels for long and short positions.
Oscillator Workbench — Chart [LucF]█ OVERVIEW
This indicator uses an on-chart visual framework to help traders with the interpretation of any oscillator's behavior. The advantage of using this tool is that you do not need to know all the ins and outs of a particular oscillator such as RSI, CCI, Stochastic, etc. Your choice of oscillator and settings in this indicator will change its visuals, which allows you to evaluate different configurations in the context of how the workbench models oscillator behavior. My hope is that by using the workbench, you may come up with an oscillator selection and settings that produce visual cues you find useful in your trading.
The workbench works on any symbol and timeframe. It uses the same presentation engine as my Delta Volume Channels indicator; those already familiar with it will feel right at home here.
█ CONCEPTS
Oscillators
An oscillator is any signal that moves up and down a centerline. The centerline value is often zero or 50. Because the range of oscillator values is different than that of the symbol prices we look at on our charts, it is usually impossible to display an oscillator on the chart, so we typically put oscillators in a separate pane where they live in their own space. Each oscillator has its own profile and properties that dictate its behavior and interpretation. Oscillators can be bounded , meaning their values oscillate between fixed values such as 0 to 100 or +1 to -1, or unbounded when their maximum and minimum values are undefined.
Oscillator weight
How do you display an oscillator's value on a chart showing prices when both values are not on the same scale? The method I use here converts the oscillator's value into a percentage that is used to weigh a reference line. The weight of the oscillator is calculated by maintaining its highest and lowest value above and below its centerline since the beginning of the chart's history. The oscillator's relative position in either of those spaces is then converted to a percentage, yielding a positive or negative value depending on whether the oscillator is above or below its centerline. This method works equally well with bounded and unbounded oscillators.
Oscillator Channel
The oscillator channel is the space between two moving averages: the reference line and a weighted version of that line. The reference line is a moving average of a type, source and length which you select. The weighted line uses the same settings, but it averages the oscillator-weighted price source.
The weight applied to the source of the reference line can also include the relative size of the bar's volume in relation to previous bars. The effect of this is that the oscillator's weight on bars with higher total volume will carry greater weight than those with lesser volume.
The oscillator channel can be in one of four states, each having its corresponding color:
• Bull (teal): The weighted line is above the reference line.
• Strong bull (lime): The bull condition is fulfilled and the bar's close is above the reference line and both the reference and the weighted lines are rising.
• Bear (maroon): The weighted line is below the reference line.
• Strong bear (pink): The bear condition is fulfilled and the bar's close is below the reference line and both the reference and the weighted lines are falling.
Divergences
In the context of this indicator, a divergence is any bar where the slope of the reference line does not match that of the weighted line. No directional bias is assigned to divergences when they occur. You can also choose to define divergences as differences in polarity between the oscillator's slope and the polarity of close-to-close values. This indicator's divergences are designed to identify transition levels. They have no polarity; their bullish/bearish bias is determined by the behavior of price relative to the divergence channel after the divergence channel is built.
Divergence Channel
The divergence channel is the space between two levels (by default, the bar's low and high ) saved when divergences occur. When price has breached a channel and a new divergence occurs, a new channel is created. Until that new channel is breached, bars where additional divergences occur will expand the channel's levels if the bar's price points are outside the channel.
Price breaches of the divergence channel will change its state. Divergence channels can be in one of five different states:
• Bull (teal): Price has breached the channel to the upside.
• Strong bull (lime): The bull condition is fulfilled and the oscillator channel is in the strong bull state.
• Bear (maroon): Price has breached the channel to the downside.
• Strong bear (pink): The bear condition is fulfilled and the oscillator channel is in the strong bear state.
• Neutral (gray): The channel has not been breached.
█ HOW TO USE THE INDICATOR
Load the indicator on an active chart (see here if you don't know how).
The default configuration displays:
• The Divergence channel's levels.
• Bar colors using the state of the oscillator channel.
The default settings use:
• RSI as the oscillator, using the close source and a length of 20 bars.
• An Arnaud-Legoux moving average on the close and a length of 20 bars as the reference line.
• The weighted version of the reference line uses only the oscillator's weight, i.e., without the relative volume's weight.
The weighted line is capped to three standard deviations of the reference.
• The divergence channel's levels are determined using the high and low of the bars where divergences occur.
Breaches of the channel require a bar's low to move above the top of the channel, and the bar's high to move below the channel's bottom.
No markers appear on the chart; if you want to create alerts from this script, you will need first to define the conditions that will trigger the markers, then create the alert, which will trigger on those same conditions.
To learn more about how to use this indicator, you must understand the concepts it uses and the information it displays, which requires reading this description. There are no videos to explain it.
█ FEATURES
The script's inputs are divided in five sections: "Oscillator", "Oscillator channel", "Divergence channel", "Bar Coloring" and "Marker/Alert Conditions".
Oscillator
This is where you configure the oscillator you want to study. Thirty oscillators are available to choose from, but you can also use an oscillator from another indicator that is on your chart, if you want. When you select an external indicator's plot as the oscillator, you must also specify the value of its centerline.
Oscillator Channel
Here, you control the visibility and colors of the reference line, its weighted version, and the oscillator channel between them.
You also specify what type of moving average you want to use as a reference line, its source and its length. This acts as the oscillator channel's baseline. The weighted line is also a moving average of the same type and length as the reference line, except that it will be calculated from the weighted version of the source used in the reference line. By default, the weighted line is capped to three standard deviations of the reference line. You can change that value, and also elect to cap using a multiple of ATR instead. The cap provides a mechanism to control how far the weighted line swings from the reference line. This section is also where you can enable the relative volume component of the weight.
Divergence Channel
This is where you control the appearance of the divergence channel and the key price values used in determining the channel's levels and breaching conditions. These choices have an impact on the behavior of the channel. More generous level prices like the default low and high selection will produce more conservative channels, as will the default choice for breach prices.
In this section, you can also enable a mode where an attempt is made to estimate the channel's bias before price breaches the channel. When it is enabled, successive increases/decreases of the channel's top and bottom levels are counted as new divergences occur. When one count is greater than the other, a bull/bear bias is inferred from it. You can also change the detection mode of divergences, and choose to display a mark above or below bars where divergences occur.
Bar Coloring
You specify here:
• The method used to color chart bars, if you choose to do so.
• If you want to hollow out the bodies of bars where volume has not increased since the last bar.
Marker/Alert Conditions
Here, you specify the conditions that will trigger up or down markers. The trigger conditions can include a combination of state transitions of the oscillator and the divergence channels. The triggering conditions can be filtered using a variety of conditions.
Configuring the marker conditions is necessary before creating an alert from this script, as the alert will use the marker conditions to trigger.
Realtime values will repaint, as is usually the case with oscillators, but markers only appear on bar closes, so they will not repaint. Keep in mind, when looking at markers on historical bars, that they are positioned on the bar when it closes — NOT when it opens.
Raw values
The raw values calculated by this script can be inspected using the Data Window, including the oscillator's value and the weights.
█ INTERPRETATION
Except when mentioned otherwise, this section's charts use the indicator's default settings, with different visual components turned on or off.
The aim of the oscillator channel is to provide a visual representation of an oscillator's general behavior. The simplest characteristic of the channel is its bull/bear state, determined by whether the weighted line is above or below the reference line. One can then distinguish between its bull and strong bull states, as transitions from strong bull to bull states will generally happen when trends are losing steam. While one should not infer a reversal from such transitions, they can be a good place to tighten stops. Only time will tell if a reversal will occur. One or more divergences will often occur before reversals. This shows the oscillator channel, with the reference line and the thicker, weighted line:
The nature of the divergence channel 's design makes it particularly adept at identifying consolidation areas if its settings are kept on the conservative side. The divergence channel will also reveal transition areas. A gray divergence channel should usually be considered a no-trade zone. More adventurous traders can use the oscillator channel to orient their trade entries if they accept the risk of trading in a neutral divergence channel, which by definition will not have been breached by price. This show only the divergence channels:
This chart shows divergence channels and their levels, and colors bars on divergences and on the state of the oscillator channel, which is not visible on the chart:
If your charts are already busy with other stuff you want to hold on to, you could consider using only the chart bar coloring component of this indicator. Here we only color bars using the combined state of the oscillator and divergence channel, and we do not color the bodies of bars where volume has not increased. Note that my chart's settings do not color the candle bodies:
At its simplest, one way to use this indicator would be to look for overlaps of the strong bull/bear colors in both the oscillator channel and a divergence channel, as these identify points where price is breaching the divergence channel when the oscillator's state is consistent with the direction of the breach.
Tip
One way to use the Workbench is to combine it with my Delta Volume Channels indicator. If both indicators use the same MA as a reference line, you can display its delta volume channel instead of the oscillator channel.
This chart shows such a setup. The Workbench displays its divergence levels, the weighted reference line using the default RSI oscillator, and colors bars on divergences. The DV Channels indicator only displays its delta volume channel, which uses the same MA as the workbench for its baseline. This way you can ascertain the volume delta situation in contrast with the visuals of the Workbench:
█ LIMITATIONS
• For some of the oscillators, assumptions are made concerning their different parameters when they are more complex than just a source and length.
See the `oscCalc()` function in this indicator's code for all the details, and ask me in a comment if you can't find the information you need.
• When an oscillator using volume is selected and no volume information is available for the chart's symbol, an error will occur.
• The method I use to convert an oscillator's value into a percentage is fragile in the early history of datasets
because of the nascent expression of the oscillator's range during those early bars.
█ NOTES
Working with this workbench
This indicator is called a workbench for a reason; it is designed for traders interested in exploring its behavior with different oscillators and settings, in the hope they can come up with a setup that suits their trading methodology. I cannot tell you which setup is the best because its setup should be compatible with your trading methodology, which may require faster or slower transitions, thus different configurations of the settings affecting the calculations of the divergence channels.
For Pine Script™ Coders
• This script uses the new overload of the fill() function which now makes it possible to do vertical gradients in Pine. I use it for both channels displayed by this script.
• I use the new arguments for plot() 's `display` parameter to control where the script plots some of its values,
namely those I only want to appear in the script's status line and in the Data Window.
• I used my ta library for some of the oscillator calculations and helper functions.
• I also used TradingView's ta library for other oscillator calculations.
• I wrote my script using the revised recommendations in the Style Guide from the Pine v5 User Manual.
Coin Bureau BB/EMA/RSI IndicatorThis indicator was inspired by Coin Bureau's How To Spot The Crypto Top video. In the video, Coin Bureau uses Bollinger bands, 7-period EMA and RSI to look for early signs of a top, thus presenting an opportunity to sell.
Using the basic principles found in the video, I've made a tentative indicator as a way to visualise all 3 indicators at once. Alerts will only fire when all 3 criteria are met:
Price closes outside 20-period Bollinger bands
Price closes ~2sd away from 7-period EMA
RSI is overbought or oversold
The indicator will also update in real-time and show when 1, 2 or all 3 conditions are satisfied. Additionally, there is built-in functionality to toggle historical/current alerts and users can set their own bounds for what constitutes a buy or sell alert.
This is just a personal project purely for edutainment purposes and should not be used to make financial decisions. This project is not affiliated with Coin Bureau.
Some caveats:
Using only 7 periods to calculate the standard deviation of price data will not lead to a statistically significant result, thus this figure may have no right being in the script. However, this was more to trial some techniques and to get acquainted with the pine scripting language.
As you can see, there are a lot of false positives. There are moments when the indicator flashes a sell alert only for the price to keep on rising. This is due to the specificity/sensitivity trade-off. The indicator has been tuned to give the optimal sensitivity (the more critical component). These are the best results I could find for this asset in this time frame.
3rd WaveHello All,
In Elliott Wave Theory, 3rd wave is not the shortest one in the waves 1/3/5 and it's usually longest one. so if we can catch it then we may get good opportunities to trade. This script finds 3rd wave experimentally. it can be also the 3rd waves in the waves 1, 3, 5, A and C. the 3rd wave should have greater volume than other waves, the script can check its volume and compare with the volumes of the waves 1 and 2 optionally.
Pine Team released Pine version 5! This script was developed in v5 and it uses Library feature of Pine v5 for the zigzag functions. This script is also an example for the Pine developers who learn Pine v5 and Libraries.
Options:
Zigzag Period: is the length that is used to calculate highest/lowest and the zigzag waves
Min/Max Retracements: is the retracement rates to check the wave 2 according to wave 1. for example; if min/max values are 0.500-0.618 then wave 2 must be minimum 0.500 of wave 1 and maximum 0.618 of wave 1.
Check Volume Support: is an option to compare the volumes of1. 2. and . waves. if you enable this option then the script checks their volume and 3rd wave volume must be greater then 1 and 2
there are 4 options for the targets. you can enable/disable and change their levels. targets are calculated using length of wave 1.
Options to show breakout zone, zigzag, wave 1 and 2.
and some options for the colors.
The Library that is used in this script:
P.S. This is an experimental work and can be improved. So do not hesitate to drop your comments under the script ;)
Enjoy!
[SCL] Significant Figures Example FunctionThis script consist of a single example function that takes a floating-point number - one that can, but doesn't have to, include a decimal point - and converts it to a floating-point number with only a certain number of significant digits left.
I'm not aware of another script that does this. There might well be a simpler way, in which case please do let me know.
For example, say you want to display a variable from your script to the user and it comes out to something like 45.366666666666666666666667 or whatever. That looks awful when you, for example, print it in a label.
Now, you could round it up to the nearest integer easily using a built-in function, or even to a certain number of decimal places using a reasonably simple custom function.
But that's a bit arbitrary. Suppose you don't know what asset the script will be used on, and so you can't predict what the price is, and what the value will turn out to be.
It could be 0.00045366666666666666666666667 instead. Now if you round it up to 3 decimal places it comes out as 0.000, which is useless.
My function will round that number to 0.0004536 instead, if told to do it to 4 significant digits.
You're free to use this function in your own scripts, including closed-source scripts, without asking permission. Credit to @SimpleCryptoLife would be appreciated.
TTM Squeeze Scanner This script scans for TTM Squeezes for the crypto symbols included in the body of the script. The timeframe for the squeeze scan is controlled within the input not the chart.
This script is a merge of @Nico.Muselle's TTM Squeeze script and @QuantNomad's custom screener script. Thanks to both of them!
Change % Inteligente - NQ / ES / YMTopstep Compliance: Daily Price Change % Alert (NQ / ES / YM)
Script Purpose
This script helps funded traders (especially those using Topstep or similar programs) monitor the real-time percentage change of major equity index futures: Nasdaq (NQ), S&P 500 (ES), and Dow Jones (YM).
⚠️ Why it matters
Topstep prohibits trading within 2% of the daily price limits set by the CME. If a trader holds a position too close to those limits, they risk account disqualification.
📊 How it works
• Detects the instrument: NQ1!, ES1!, YM1!, or M2025 contracts
• Calculates the real-time % change from today’s market open
• Simulates daily CME price limits (+7% / -7%)
• Highlights when price enters the last 2% of the limit range (prohibited zone)
• Displays a clean, floating panel with the current % change and a warning if necessary
• Sends a visual and optional audio alert when in the prohibited zone
🧠 What makes this script unique?
This tool is **not for technical analysis**. It focuses exclusively on **funding program compliance** and **account protection**, which is not covered by other public scripts. It’s lightweight, intuitive, and designed for traders who manage risk like professionals.
✅ Open-source and ready for review.
✅ CHART SETUP FOR PUBLICATION
✔️ Use a clean chart
✔️ Only apply this script
✔️ Make sure the panel is visible (top-right or top-center recommended)
❌ No extra indicators or drawings
✔️ Use NQM2025, ESM2025 or YMM2025 on a volatile day (to show -1% to -3% range)
INSTRUCTIONS
1. Add the script to your chart.
2. Use it with NQ1!, ES1!, or YM1! (or M2025 contracts).
3. The panel will show today’s price change %.
4. If the market is within the last 2% of the CME price limit, a warning will appear.
5. Use this to avoid violating Topstep’s trading rules during volatile days.
Moving Average Convergence DivergenceThis script is written in Pine Script (version 6) for TradingView and implements the **Moving Average Convergence Divergence (MACD)** indicator. The MACD is a popular momentum oscillator used to identify trend direction, strength, and potential reversals. This version includes customizable inputs, visual enhancements (like crossover markers), and alerts for key events. Below is a detailed explanation of the script:
---
### **1. Purpose**
- The script calculates and displays the MACD line, signal line, and histogram.
- It highlights key events such as MACD/signal line crossovers and zero-line crosses with shapes and colors.
- It provides alerts for changes in the histogram's direction (rising to falling or vice versa).
---
### **2. User Inputs**
- **Fast Length**: Period for the fast moving average (default: 12).
- **Slow Length**: Period for the slow moving average (default: 26).
- **Source**: Data input for calculation (default: closing price, `close`).
- **Signal Smoothing**: Period for the signal line (default: 9, range: 1–50).
- **Oscillator MA Type**: Type of moving average for MACD calculation (options: SMA or EMA, default: EMA).
- **Signal Line MA Type**: Type of moving average for the signal line (options: SMA or EMA, default: EMA).
---
### **3. MACD Calculation**
The MACD is calculated in three parts:
1. **MACD Line**: Difference between the fast and slow moving averages.
- Fast MA: Either SMA or EMA of the source over `fast_length`.
- Slow MA: Either SMA or EMA of the source over `slow_length`.
- Formula: `macd = fast_ma - slow_ma`.
2. **Signal Line**: A moving average (SMA or EMA) of the MACD line over `signal_length`.
- Formula: `signal = sma_signal == "SMA" ? ta.sma(macd, signal_length) : ta.ema(macd, signal_length)`.
3. **Histogram**: Difference between the MACD line and the signal line.
- Formula: `hist = macd - signal`.
---
### **4. Key Events Detection**
#### **MACD/Signal Line Crossovers**
- **Bullish Cross**: MACD crosses above the signal line (`ta.crossover(macd, signal)`).
- **Bearish Cross**: MACD crosses below the signal line (`ta.crossunder(macd, signal)`).
#### **Zero Line Crosses**
- **Cross Above Zero**: MACD crosses above 0 (`ta.crossover(macd, 0)`).
- **Cross Below Zero**: MACD crosses below 0 (`ta.crossunder(macd, 0)`).
---
### **5. Colors**
- **MACD Line**: Green (#089981) if MACD > signal (bullish), red (#f23645) if MACD < signal (bearish).
- **Signal Line**: White (`color.white`).
- **Histogram**:
- Positive (MACD > signal): Light green (#B2DFDB) if decreasing, darker green (#26A69A) if increasing.
- Negative (MACD < signal): Light red (#FFCDD2) if increasing in magnitude, darker red (#FF5252) if decreasing in magnitude.
- **Zero Line**: Gray with 50% transparency (`color.new(#787B86, 50)`).
---
### **6. Visual Outputs**
#### **Plotted Lines**
- **MACD Line**: Plotted with dynamic coloring based on its position relative to the signal line.
- **Signal Line**: Plotted in white.
- **Histogram**: Displayed as columns, with colors indicating direction and momentum.
- **Zero Line**: Horizontal line at 0 for reference.
#### **Shapes for Key Events**
- **Bullish Cross Below Zero**: Green circle on the MACD line when MACD crosses above the signal line while still below zero.
- **Bearish Cross Above Zero**: Red circle on the MACD line when MACD crosses below the signal line while still above zero.
- **Cross Above Zero**: Green upward label at the zero line when MACD crosses above 0.
- **Cross Below Zero**: Red downward label at the zero line when MACD crosses below 0.
---
### **7. Alerts**
- **Rising to Falling**: Triggers when the histogram switches from positive (or zero) to negative.
- Condition: `hist >= 0 and hist < 0`.
- Message: "MACD histogram switched from rising to falling".
- **Falling to Rising**: Triggers when the histogram switches from negative (or zero) to positive.
- Condition: `hist <= 0 and hist > 0`.
- Message: "MACD histogram switched from falling to rising".
---
### **8. How It Works**
1. **Trend Direction**:
- MACD above signal line (green) suggests bullish momentum.
- MACD below signal line (red) suggests bearish momentum.
2. **Momentum Strength**:
- Histogram height shows the strength of the momentum (larger bars = stronger momentum).
- Histogram color changes indicate whether momentum is increasing or decreasing.
3. **Reversal Signals**:
- Crossovers between MACD and signal lines often signal potential trend changes.
- Zero-line crosses indicate shifts between bullish (above 0) and bearish (below 0) territory.
---
### **9. How to Use**
1. Add the script to TradingView.
2. Adjust inputs (e.g., fast/slow lengths, MA types) to suit your trading style.
3. Monitor the chart:
- Green MACD and upward histogram bars suggest bullish conditions.
- Red MACD and downward histogram bars suggest bearish conditions.
- Watch for circles (crossovers) and labels (zero-line crosses) for trade signals.
4. Set up alerts to notify you of histogram direction changes.
---
### **10. Key Features**
- **Customization**: Flexible MA types and periods.
- **Visual Clarity**: Dynamic colors and shapes highlight key events.
- **Alerts**: Notifies users of momentum shifts via histogram changes.
- **Intuitive**: Combines all MACD components (line, signal, histogram) in one indicator.
This script is ideal for traders who rely on MACD for momentum analysis and want clear visual cues and alerts for decision-making.
VIX bottom/top with color scale [Ox_kali]📊 Introduction
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The “VIX Bottom/Top with Color Scale” script is designed to provide an intuitive, color-coded visualization of the VIX (Volatility Index), helping traders interpret market sentiment and volatility extremes in real time.
It segments the VIX into clear threshold zones, each associated with a specific market condition—ranging from fear to calm—using a dynamic color-coded system.
This script offers significant value for the following reasons:
Intuitive Risk Interpretation: Color-coded zones make it easy to interpret market sentiment at a glance.
Dynamic Trend Detection: A 200-period SMA of the VIX is plotted and dynamically colored based on trend direction.
Customization and Flexibility: All colors are editable in the parameters panel, grouped under “## Color parameters ##”.
Visual Clarity: Key thresholds are marked with horizontal lines for quick reference.
Practical Trading Tool: Helps identify high-risk and low-risk environments based on volatility levels.
🔍 Key Indicators
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VIX (CBOE Volatility Index) : Measures market volatility and investor fear.
SMA 200 : Long-term trendline of the VIX, with color-coded direction (green = uptrend, red = downtrend).
Color-coded VIX Levels:
🔴 33+ → Something bad just happened
🟠 23–33 → Something bad is happening
🟡 17–23 → Something bad might happen
🟢 14–17 → Nothing bad is happening
✅ 12–14 → Nothing bad will ever happen
🔵 <12 → Something bad is going to happen
🧠 Originality and Purpose
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Unlike traditional VIX indicators that only plot a line, this script enhances interpretation through visual segmentation and dynamic trend tracking.
It serves as a risk-awareness tool that transforms the VIX into a simple, emotional market map.
This is the first version of the script, and future updates may include alerts, background fills, and more advanced features.
⚙️ How It Works
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The script maps the current VIX value to a range and applies the corresponding color.
It calculates a SMA 200 and colors it green or red depending on its slope.
It displays horizontal dotted lines at key thresholds (12, 14, 17, 23, 33).
All colors are configurable via input parameters under the group: "## Color parameters ##".
🧭 Indicator Visualization and Interpretation
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The VIX line changes color based on market condition zones.
The SMA line shows long-term direction with dynamic color.
Horizontal threshold lines visually mark the transitions between volatility zones.
Ideal for quickly identifying periods of fear, caution, or stability.
🛠️ Script Parameters
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Grouped under “## Color parameters ##”, the following elements are customizable:
🎨 VIX Zone Colors:
33+ → Red
23–33 → Orange
17–23 → Yellow
14–17 → Light Green
12–14 → Dark Green
<12 → Blue
📈 SMA Colors:
Uptrend → Green
Downtrend → Red
These settings allow users to match the script’s visuals to their preferred chart style or theme.
✅ Conclusion
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The “VIX Bottom/Top with Color Scale” is a clean, powerful script designed to simplify how traders view volatility.
By combining long-term trend data with real-time color-coded sentiment analysis, this script becomes a go-to reference for managing risk, timing trades, or simply staying in tune with market mood.
🧪 Notes
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This is version 1 of the script. More features such as alert conditions, background fill, and dashboard elements may be added soon. Feedback is welcome!
💡 Color code concept inspired by the original VIX interpretation chart by @nsquaredvalue on Twitter. Big thanks for the visual clarity! 💡
⚠️ Disclaimer
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This script is a visual tool designed to assist in market analysis. It does not guarantee future performance and should be used in conjunction with proper risk management. Past performance is not indicative of future results.
TimeMapTimeMap is a visual price-reference indicator designed to help traders rapidly visualize how current price levels relate to significant historical closing prices. It overlays your chart with reference lines representing past weekly, monthly, quarterly (3-month), semi-annual (6-month), and annual closing prices. By clearly plotting these historical price references, TimeMap helps traders quickly gauge price position relative to historical market structure, aiding in the identification of trends, support/resistance levels, and potential reversals.
How it Works:
The indicator calculates the precise number of historical bars corresponding to weekly, monthly, quarterly, semi-annual, and annual intervals, dynamically adjusting according to your chart’s timeframe (intraday, daily, weekly, monthly) and chosen market type (Stocks US, Crypto, Forex, or Futures). Historical closing prices from these periods are plotted directly on your chart as horizontal reference lines.
For intraday traders, the script accurately calculates historical offsets considering regular and extended trading sessions (e.g., pre-market and after-hours sessions for US stocks), ensuring correct positioning of historical lines.
User-Configurable Inputs Explained in Detail:
Market Type:
Allows you to specify your trading instrument type, automatically adjusting calculations for:
- Stocks US (default): 390 minutes per regular session (780 minutes if extended hours enabled), 5 trading days/week.
- Crypto: 1440 minutes/day, 7 trading days/week.
- Forex: 1440 minutes/day, 5 trading days/week.
- Futures: 1320 minutes/day, 5 trading days/week.
Show Weekly Close:
When enabled, plots a line at the exact closing price from one week ago. Provides short-term context and helps identify recent price momentum.
Show Monthly Close:
When enabled, plots a line at the exact closing price from one month ago. Helpful for evaluating medium-term price positioning and monthly trend strength.
Show 3-Month Close:
When enabled, plots a line at the exact closing price from three months ago. Useful for assessing quarterly market shifts, intermediate trend changes, and broader market sentiment.
Show 6-Month Close:
When enabled, plots a line at the exact closing price from six months ago. Useful for identifying semi-annual trends, significant price pivots, and longer-term support/resistance levels.
Show 1-Year Close:
When enabled, plots a line at the exact closing price from one year ago. Excellent for assessing long-term market direction and key annual price levels.
Enable Smoothing:
Activates a Simple Moving Average (SMA) smoothing of historical reference lines, reducing volatility and providing clearer visual references. Recommended for traders preferring less volatile reference levels.
Smoothing Length:
Determines the number of bars used in calculating the SMA smoothing of historical lines. Higher values result in smoother but slightly delayed reference lines; lower values offer more immediate yet more volatile levels.
Use Extended Hours (Intraday Only):
When enabled (only applicable for Stocks US), it accounts for pre-market and after-hours trading sessions, providing accurate intraday historical line calculations based on extended sessions (typically 780 minutes/day total).
Important Notes and Compliance:
- This indicator does not provide trading signals, recommendations, or predictions. It serves purely as a visual analytical tool to supplement traders’ existing methods.
- Historical lines plotted are strictly based on past available price data; the indicator never accesses future data or data outside the scope of Pine Script’s standard capabilities.
- The script incorporates built-in logic to avoid runtime errors if insufficient historical data exists for a selected timeframe, ensuring robustness even with limited historical bars.
- TimeMap is original work developed exclusively by Julien Eche (@Julien_Eche). It does not reuse or replicate third-party or existing open-source scripts.
Recommended Best Practices:
- Use TimeMap as a complementary analytical reference, not as a standalone strategy or trade decision-making tool.
- Adapt displayed historical periods and smoothing settings based on your trading style and market approach.
- Default plot colors are optimized for readability on dark-background charts; adjust as necessary according to your preference and chart color scheme.
This script is published open-source to benefit the entire TradingView community and fully complies with all TradingView script publishing rules and guidelines.
Wave N + KDJ + Volumi + SMC + IchimokuWave N + KDJ + Volume + SMC + Ichimoku Indicator
Overview
This script is a multi-layered technical indicator designed to provide traders with enhanced market insights by combining five key methodologies:
• Wave N Pattern (Price Action)
• KDJ Oscillator (Momentum)
• Volume Filtering (Confirmation)
• Smart Money Concepts (Order Blocks) (Institutional Activity)
• Ichimoku Cloud (Trend and Support/Resistance)
By integrating these components, the indicator identifies high-probability trading signals, early warnings of trend shifts, and institutional price zones to improve decision-making in volatile markets.
⸻
How It Works
1️⃣ Wave N Pattern (Price Action Structure)
The Wave N pattern is a classic price action formation that helps spot potential trend reversals and continuations:
• A Bullish Wave N is detected when a higher low and a higher high structure appears.
• A Bearish Wave N is detected when a lower high and a lower low structure forms.
2️⃣ KDJ Oscillator (Momentum & Trend Strength)
The KDJ Indicator is a variation of the Stochastic Oscillator that adds a third line, J, to amplify sensitivity to trend movements.
• J > 50 indicates bullish momentum.
• J < 50 indicates bearish momentum.
• The script includes an early warning signal when J crosses 50, suggesting a possible trend shift.
3️⃣ Volume Filtering (Trade Confirmation)
To avoid false signals, the script integrates volume confirmation:
• A signal is valid only if the volume is above the 20-period EMA of volume.
• This ensures that trade signals are supported by strong market participation.
4️⃣ Smart Money Concepts (Order Blocks)
Order Blocks represent areas of institutional interest, where large traders accumulate or distribute positions.
• The script detects bullish order blocks (potential support) and bearish order blocks (potential resistance).
• These areas help identify optimal entry and exit points.
5️⃣ Ichimoku Cloud (Trend & Dynamic Support/Resistance)
The Ichimoku Cloud is used to confirm trend direction:
• Baseline (Kijun-sen) acts as a key trend filter.
• Senkou Span A & B form the cloud (Kumo), indicating dynamic support/resistance.
• Buy signals require price to be above the baseline, while sell signals require price to be below the baseline.
⸻
Trading Signals & Visual Elements
✅ BUY Signal (Green Arrow)
Occurs when:
• A Bullish Wave N forms
• J > 50 (Bullish KDJ Signal)
• Volume is above EMA threshold
• Price is above the Ichimoku Baseline
❌ SELL Signal (Red Arrow)
Occurs when:
• A Bearish Wave N forms
• J < 50 (Bearish KDJ Signal)
• Volume is above EMA threshold
• Price is below the Ichimoku Baseline
⚠️ Early Warning (Trend Shift Signal)
• An early warning appears when J crosses 50, indicating a possible upcoming trend shift.
• The line color changes based on the potential move:
• Green/Blue → Possible Uptrend
• Red/Orange → Possible Downtrend
⸻
Why This Indicator is Unique?
Unlike simple trend-following indicators, this script:
• Combines Price Action, Momentum, Volume, and Institutional Order Flow for a multi-dimensional approach.
• Filters out weak signals using volume confirmation and Ichimoku.
• Provides early warnings before major trend shifts.
• Visualizes Smart Money Order Blocks, giving traders an edge in spotting institutional zones.
⸻
Best Timeframes & Markets
📊 Recommended Timeframes:
• 1H & 1D (works best on medium/long-term trends)
💹 Markets:
• Crypto, Forex, and Stocks
This indicator is designed for traders who value confluence and strong confirmation in their strategies. Whether you are a trend trader, swing trader, or institutional flow analyst, this tool can help refine your decision-making process.
🚀 Optimize your trades with Wave N + KDJ + Volume + SMC + Ichimoku! 🚀
EMA Alignment & Spread Monitor (Sang Youn)Overview
The EMA Alignment & Spread Monitor is a dynamic trading script designed to monitor EMA (Exponential Moving Average) alignments, track spread deviations, and provide real-time alerts when significant conditions are met. This script allows traders to customize their EMA periods, analyze market trends based on EMA positioning, and receive visual and audio alerts when key spread conditions occur.
🔹 Key Features
✅ Customizable EMA Periods – Users can input their own EMA lengths to adapt the script to various market conditions. (Default: 5, 10, 20, 60, 120)
✅ EMA Alignment Detection – Identifies bullish alignment (all EMAs in ascending order) and bearish alignment (all EMAs in descending order).
✅ Spread Calculation & Monitoring – Computes the spread difference between each EMA and tracks the average spread over a user-defined period.
✅ Deviation Alerts – Notifies traders when:
Bullish Trend: The spread exceeds its average, indicating a potential strong uptrend.
Bearish Trend: The spread falls below its average, signaling a possible downtrend.
✅ Chart Annotations – Displays 📈 (green triangle) when bullish spread exceeds average and 📉 (red triangle) when bearish spread drops below average for easy visualization.
✅ Real-time Alerts – Sends alerts when spread conditions are met, helping traders react to market shifts efficiently.
✅ Spread Histogram – Visual representation of bullish and bearish spread levels for trend analysis.
🔹 How It Works
1️⃣ Set your EMA periods in the script settings (default: 5, 10, 20, 60, 120).
2️⃣ Define the spread average calculation length (default: 50 candles).
3️⃣ The script tracks EMA alignment to determine bullish or bearish trends.
4️⃣ If the spread deviates significantly from its average, the script:
Places a 📈 green triangle above candles in a bullish trend when spread > average.
Places a 📉 red triangle below candles in a bearish trend when spread < average.
Triggers an alert for timely decision-making.
5️⃣ Use the histogram & real-time alerts to stay ahead of market movements.
Time-based Alerts for Trading Windows🌟 Time-based Alerts for Trading Windows 🌐📈
This is a re-uploaded script as the previous one got hidden.
This Time-based Alerts for Trading Windows script is a highly customizable and reliable tool designed to assist traders in managing automated strategies or manually monitoring specific market conditions. Inspired by CrossTrade's Time-based Alert, this script is tailored for those who rely on precise time windows to trigger actions, such as sending webhook signals or managing Expert Advisors (EAs).
Whether you are a scalper, day trader, or algorithmic trader, this script empowers you to stay on top of your trades with fully customizable time-based alerts.
🛠️ Customizable Time Alerts
This indicator allows you to create up to 12 unique time windows by specifying the exact hour and minute for each alert. Each time window corresponds to an individual alert condition, making it perfect for managing trades during specific market sessions or key time periods.
For example:
Alert 1 can be set at 9:30 AM (market open).
Alert 2 can be set at 3:55 PM (just before market close).
Each alert can be toggled on or off in the indicator settings, allowing you to manage alerts without having to reconfigure your script.
You can adjust the colours to fit any colour scheme you like!
🕒 Odd and Even Time Alerts
The script comes with three built-in alert type categories:
Odd Alerts (marked with a green triangle on the chart): These correspond to odd-numbered inputs like Alert 1, Alert 3, Alert 5, and so on.
Even Alerts (marked with a red triangle on the chart): These correspond to even-numbered inputs like Alert 2, Alert 4, Alert 6, and so on.
You can also customize all 12 alerts individually to include a custom alert message
These alerts serve as a convenient way to differentiate between multiple trading strategies or market conditions. You can customize alert messages for odd and even alerts directly from TradingView’s alert panel.
🔗 Webhook Integration for Automation
This script is fully compatible with webhook-based automation. By configuring your alerts in TradingView, you can send signals to trading bots, EAs, or any third-party system. For example, you can:
Turn off an EA at a specific time (e.g., 3:55 PM EST).
Send buy/sell signals to your bot during predefined trading windows.
Simply use TradingView’s alert message editor to format webhook payloads for your automation system.
🌐 Timezone Flexibility
Trading happens across multiple time zones, and this script accounts for that. You can toggle between:
Eastern Time (New York): Ideal for most US-based markets.
Central Time (Exchange): Useful for futures and commodities traders.
This ensures your alerts are always in sync with your preferred time zone, eliminating confusion.
🎨 Visual Indicators
The script plots visual markers directly on your chart to indicate active alerts:
Up Facing Triangles: Represent odd-numbered alerts, providing a quick reference for these time windows.
Down Facing Triangles: Represent even-numbered alerts, helping you track different strategies or conditions.
These visual markers make it easy to see when alerts are triggered, even at a glance.
📈 Practical Use Case
Let’s say you’re trading the USTEC index on a 1-minute chart. You want to:
Turn off your trading bot at 16:55 EST to avoid after-market volatility.
Trigger a re-entry signal at 17:30 EST to capture moves during the Asian session.
Visually monitor these actions on your chart for easy reference.
This script makes it possible with precision alerts and webhook integration. Simply configure the time windows in the settings and set up your alerts in TradingView.
🚨 How to Set Up Alerts
Enable or Disable Alerts: Use the script’s settings to toggle specific alerts on or off as needed.
Set Custom Time Windows: Define the hour and minute for each alert in the settings panel.
Create Alerts in TradingView:
Go to the TradingView alert panel.
Select the condition (e.g., "Odd Time-based Alert (Green)" or "Even Time-based Alert (Red)").
Customize the alert message for webhook integration or personal notification.
Choose the trigger type: Once Per Bar or Once Per Bar Close to keep the alert active.
Integrate with Webhooks: Use the alert message field to format payloads for automation systems like MT4, MT5, or third-party bots.
📋 Key Notes
Alerts can trigger indefinitely if set to "Once Per Bar" or "Once Per Bar Close".
Always ensure the expiration date is set far in the future to avoid unexpected alert deactivation.
Test webhook messages and alert configurations thoroughly before using them in live trading.
This script is a powerful addition to your trading toolbox, offering precision, flexibility, and automation capabilities. Whether you’re turning off an EA, managing trades during market sessions, or automating strategies via webhooks, this script is here to support you.
Start using the Time-based Alerts for Trading Windows today and trade with confidence! 🚀✨
Multi-indicator Signal Builder [Skyrexio]Overview
Multi-Indicator Signal Builder is a versatile, all-in-one script designed to streamline your trading workflow by combining multiple popular technical indicators under a single roof. It features a single-entry, single-exit logic, intrabar stop-loss/take-profit handling, an optional time filter, a visually accessible condition table, and a built-in statistics label. Traders can choose any combination of 12+ indicators (RSI, Ultimate Oscillator, Bollinger %B, Moving Averages, ADX, Stochastic, MACD, PSAR, MFI, CCI, Heikin Ashi, and a “TV Screener” placeholder) to form entry or exit conditions. This script aims to simplify strategy creation and analysis, making it a powerful toolkit for technical traders.
Indicators Overview
1. RSI (Relative Strength Index)
Measures recent price changes to evaluate overbought or oversold conditions on a 0–100 scale.
2. Ultimate Oscillator (UO)
Uses weighted averages of three different timeframes, aiming to confirm price momentum while avoiding false divergences.
3. Bollinger %B
Expresses price relative to Bollinger Bands, indicating whether price is near the upper band (overbought) or lower band (oversold).
4. Moving Average (MA)
Smooths price data over a specified period. The script supports both SMA and EMA to help identify trend direction and potential crossovers.
5. ADX (Average Directional Index)
Gauges the strength of a trend (0–100). Higher ADX signals stronger momentum, while lower ADX indicates a weaker trend.
6. Stochastic
Compares a closing price to a price range over a given period to identify momentum shifts and potential reversals.
7. MACD (Moving Average Convergence/Divergence)
Tracks the difference between two EMAs plus a signal line, commonly used to spot momentum flips through crossovers.
8. PSAR (Parabolic SAR)
Plots a trailing stop-and-reverse dot that moves with the trend. Often used to signal potential reversals when price crosses PSAR.
9. MFI (Money Flow Index)
Similar to RSI but incorporates volume data. A reading above 80 can suggest overbought conditions, while below 20 may indicate oversold.
10. CCI (Commodity Channel Index)
Identifies cyclical trends or overbought/oversold levels by comparing current price to an average price over a set timeframe.
11. Heikin Ashi
A type of candlestick charting that filters out market noise. The script uses a streak-based approach (multiple consecutive bullish or bearish bars) to gauge mini-trends.
12. TV Screener
A placeholder condition designed to integrate external buy/sell logic (like a TradingView “Buy” or “Sell” rating). Users can override or reference external signals if desired.
Unique Features
1. Multi-Indicator Entry and Exit
You can selectively enable any subset of 12+ classic indicators, each with customizable parameters and conditions. A position opens only if all enabled entry conditions are met, and it closes only when all enabled exit conditions are satisfied, helping reduce false triggers.
2. Single-Entry / Single-Exit with Intrabar SL/TP
The script supports a single position at a time. Once a position is open, it monitors intrabar to see if the price hits your stop-loss or take-profit levels before the bar closes, making results more realistic for fast-moving markets.
3. Time Window Filter
Users may specify a start/end date range during which trades are allowed, making it convenient to focus on specific market cycles for backtesting or live trading.
4. Condition Table and Statistics
A table at the bottom of the chart lists all active entry/exit indicators. Upon each closed trade, an integrated statistics label displays net profit, total trades, win/loss count, average and median PnL, etc.
5. Seamless Alerts and Automation
Configure alerts in TradingView using “Any alert() function call.”
The script sends JSON alert messages you can route to your own webhook.
The indicator can be integrated with Skyrexio alert bots to automate execution on major cryptocurrency exchanges
6. Optional MA/PSAR Plots
For added visual clarity, optionally plot the chosen moving averages or PSAR on the chart to confirm signals without stacking multiple indicators.
Methodology
1. Multi-Indicator Entry Logic
When multiple entry indicators are enabled (e.g., RSI + Stochastic + MACD), the script requires all signals to align before generating an entry. Each indicator can be set for crossovers, crossunders, thresholds (above/below), etc. This “AND” logic aims to filter out low-confidence triggers.
2. Single-Entry Intrabar SL/TP
One Position At a Time: Once an entry signal triggers, a trade opens at the bar’s close.
Intrabar Checks: Stop-loss and take-profit levels (if enabled) are monitored on every tick. If either is reached, the position closes immediately, without waiting for the bar to end.
3. Exit Logic
All Conditions Must Agree: If the trade is still open (SL/TP not triggered), then all enabled exit indicators must confirm a closure before the script exits on the bar’s close.
4. Time Filter
Optional Trading Window: You can activate a date/time range to constrain entries and exits strictly to that interval.
Justification of Methodology
Indicator Confluence: Combining multiple tools (RSI, MACD, etc.) can reduce noise and false signals.
Intrabar SL/TP: Capturing real-time spikes or dips provides a more precise reflection of typical live trading scenarios.
Single-Entry Model: Straightforward for both manual and automated tracking (especially important in bridging to bots).
Custom Date Range: Helps refine backtesting for specific market conditions or to avoid known irregular data periods.
How to Use
1. Add the Script to Your Chart
In TradingView, open Indicators , search for “Multi-indicator Signal Builder”.
Click to add it to your chart.
2. Configure Inputs
Time Filter: Set a start and end date for trades.
Alerts Messages: Input any JSON or text payload needed by your external service or bot.
Entry Conditions: Enable and configure any indicators (e.g., RSI, MACD) for a confluence-based entry.
Close Conditions: Enable exit indicators, along with optional SL (negative %) and TP (positive %) levels.
3. Set Up Alerts
In TradingView, select “Create Alert” → Condition = “Any alert() function call” → choose this script.
Entry Alert: Triggers on the script’s entry signal.
Close Alert: Triggers on the script’s close signal (or if SL/TP is hit).
Skyrexio Alert Bots: You can route these alerts via webhook to Skyrexio alert bots to automate order execution on major crypto exchanges (or any other supported broker).
4. Visual Reference
A condition table at the bottom summarizes active signals.
Statistics Label updates automatically as trades are closed, showing PnL stats and distribution metrics.
Backtesting Guidelines
Symbol/Timeframe: Works on multiple assets and timeframes; always do thorough testing.
Realistic Costs: Adjust commissions and potential slippage to match typical exchange conditions.
Risk Management: If using the built-in stop-loss/take-profit, set percentages that reflect your personal risk tolerance.
Longer Test Horizons: Verify performance across diverse market cycles to gauge reliability.
Example of statistic calculation
Test Period: 2023-01-01 to 2025-12-31
Initial Capital: $1,000
Commission: 0.1%, Slippage ~5 ticks
Trade Count: 468 (varies by strategy conditions)
Win rate: 76% (varies by strategy conditions)
Net Profit: +96.17% (varies by strategy conditions)
Disclaimer
This indicator is provided strictly for informational and educational purposes .
It does not constitute financial or trading advice.
Past performance never guarantees future results.
Always test thoroughly in demo environments before using real capital.
Enjoy exploring the Multi-Indicator Signal Builder! Experiment with different indicator combinations and adjust parameters to align with your trading preferences, whether you trade manually or link your alerts to external automation services. Happy trading and stay safe!
Buy Signal Forex & Crypto v0 ImprovedPurpose of the Script:
This script is designed to generate buy and sell signals for trading Forex and cryptocurrencies by analyzing price trends using exponential moving averages (EMAs), volatility, and volume filters. The signals are displayed as arrows on the chart.
What the Script Does
Input Settings:
The script allows the user to configure various settings, such as the lengths of EMAs, a higher timeframe for trend confirmation, and thresholds for volume and volatility (ATR - Average True Range).
Key settings:
5 EMA Length – Length of the short-term EMA.
13 EMA Length – Length of the medium-term EMA.
26 EMA Length – Length of the long-term EMA.
21 EMA Length – Used for trend confirmation on a higher timeframe.
Higher Timeframe – Lets you select a timeframe (e.g., daily) for confirming the overall trend.
ATR Threshold – Filters out signals when the market's volatility is too low.
Volume Filter – Ensures sufficient trading activity before generating signals.
Calculating EMAs (Exponential Moving Averages):
Four EMAs are calculated:
ema5 (short-term), ema13 (medium-term), ema26 (long-term), and ema21 (higher timeframe confirmation).
These EMAs help determine price trends and crossovers, which are critical for identifying buy and sell opportunities.
Trend Confirmation Using a Higher Timeframe:
The 21 EMA on the higher timeframe (e.g., daily) is used to confirm the overall direction of the market.
Defining Signal Conditions:
Buy Signal:
A buy signal is generated when:
ema5 crosses above ema13 (indicating a bullish trend).
ema5 crosses above ema26 (stronger bullish confirmation).
The closing price is above ema5, ema13, ema26, and the 21 EMA on the higher timeframe.
The market's volatility (ATR) is above the defined threshold.
The volume meets the conditions or volume filtering is disabled.
Sell Signal:
A sell signal is generated when:
ema5 crosses below ema13 (indicating a bearish trend).
ema5 crosses below ema26 (stronger bearish confirmation).
The closing price is below ema5, ema13, ema26, and the 21 EMA on the higher timeframe.
The market's volatility (ATR) is above the defined threshold.
The volume meets the conditions or volume filtering is disabled.
Volume Filtering:
Ensures there’s enough trading activity by comparing the current volume to a 20-period moving average of volume.
Persistent Variables:
These variables (crossed13 and crossed13Sell) help track whether the short-term EMA (ema5) has crossed the medium-term EMA (ema13). This prevents false or repeated signals.
Displaying Signals on the Chart:
Buy signals are displayed as green upward arrows below the price.
Sell signals are displayed as red downward arrows above the price.
How It Helps Traders:
This script provides visual cues for potential entry and exit points by combining moving average crossovers, volatility, volume, and higher timeframe trend confirmation. It works well for trending markets and ensures signals are filtered for stronger conditions to reduce noise.
SW monthly Gann Days**Script Description:**
The script you are looking at is based on the work of W.D. Gann, a famous trader and market analyst in the early 20th century, known for his use of geometry, astrology, and numerology in market analysis. Gann believed that certain days in the market had significant importance, and he observed that markets often exhibited significant price moves around specific dates. These dates were typically associated with cyclical patterns in price movements, and Gann referred to these as "Gann Days."
In this script, we have focused on highlighting certain days of the month that Gann believed to have an influence on market behavior. The specific days in question are the **6th to 7th**, **9th to 10th**, **14th to 15th**, **19th to 20th**, **23rd to 24th**, and **29th to 31st** of each month. These ranges are based on Gann’s theory that there are recurring time cycles in the market that cause turning points or critical price movements to occur around certain days of the month.
### **Why Gann Used These Days:**
1. **Mathematical and Astrological Cycles:**
Gann believed that markets were influenced by natural cycles, and that certain dates (or combinations of dates) played a critical role in the price movements. These specific days are part of his broader theory of "time cycles" where the market would often change direction, reverse, or exhibit significant volatility on particular days. Gann's research was based on both mathematical principles and astrological observations, leading him to assign importance to these days.
2. **Gann's Universal Timing Theory:**
According to Gann, financial markets operate in a universe governed by geometric and astrological principles. These cycles repeat themselves over time, and specific days in a given month correspond to key turning points within these repeating cycles. Gann found that the 6th to 7th, 9th to 10th, 14th to 15th, 19th to 20th, 23rd to 24th, and 29th to 31st often marked significant changes in the market, making them particularly important for traders to watch.
3. **Market Psychology and Sentiment:**
These specific days likely correspond to key moments where market participants tend to react in predictable ways, influenced by past market behavior on similar dates. For example, news events or scheduled economic reports might fall within these time windows, causing the market to respond in a particular way. Gann's method involves using these cyclical patterns to predict turning points in market prices, enabling traders to anticipate when the market might make a reversal or face a significant shift in direction.
4. **Turning Points:**
Gann believed that markets often reversed or encountered critical points around specific dates. This is why he considered certain days more important than others. By identifying and focusing on these days, traders can better anticipate the market’s movement and make more informed trading decisions.
5. **Numerology:**
Gann also utilized numerology in his trading system, believing that numbers, and particularly certain key numbers, had significance in predicting market movements. The days selected in this script may correspond to numerological patterns that Gann identified in his analysis of the markets, such as recurring numbers in his astrological and geometric systems.
### **Purpose of the Script:**
This script highlights these "Gann Days" within a trading chart for 2024 and 2025. The color-coding or background highlighting is intended to draw attention to these dates, so traders can observe the potential for significant market movements during these times. By identifying these specific dates, traders following Gann's theories may gain insights into possible turning points, corrections, or key price movements based on the market's historical behavior around these days.
Overall, Gann’s use of specific days was based on his deep belief in the cyclical nature of the market and his attempt to tie those cycles to the natural laws of time, geometry, and astrology. By focusing on these dates, Gann aimed to give traders an edge in predicting significant market events and price shifts.
Uptrick: Arbitrage OpportunityINTRODUCTION
This script, titled Uptrick: Arbitrage Monitor, is a Pine Script™ indicator that aims to help traders quickly visualize potential arbitrage scenarios across multiple cryptocurrency exchanges. Arbitrage, in general, involves taking advantage of price differences for the same asset across different trading platforms. By comparing market prices of the same symbol on two user-selected exchanges, as well as scanning a broader list of exchanges, this script attempts to signal areas where you might want to buy on one exchange and sell on another. It includes various graphical tools, calculations, and an optional Automated Detection signal feature, allowing users to incorporate more advanced data scanning into their trading decisions. Keep in mind that transaction fees must also be considered in real-world scenarios. These fees can negate potential profits and, in some cases, result in a net loss.
PURPOSE
The primary purpose of this indicator is to show potential percentage differences between the same cryptocurrency trading pairs on two different exchanges. This difference is displayed numerically, visually as a line chart, and it is also tested against user-defined thresholds. With the threshold in place, buy and sell signals can be generated. The script allows you to quickly gauge how significant a spread is between two exchanges and whether that spread surpasses a specified threshold. This is particularly useful for arbitrage trading, where an asset is bought at a lower price on one exchange and sold at a higher price on another, capitalizing on price discrepancies. By identifying these opportunities, traders can potentially secure profits across different markets.
WHY IT WAS MADE
This script was developed to help traders who frequently look for arbitrage opportunities in the fast-paced cryptocurrency market. Cryptocurrencies sometimes experience quick price divergences across different exchanges. By having an automated approach that compares and displays prices, traders can spend less time manually tracking price discrepancies and more time focusing on actual trading strategies. The script was also made with user customization in mind, allowing you to toggle an optional Automated-based approach and choose different moving average methods to smooth out the displayed price difference.
WHAT ARBITRAGE IS
Arbitrage is the practice of buying an asset on one market (or exchange) at a lower price and simultaneously selling it on another market where the price is higher, thus profiting from the price difference. In cryptocurrency markets, these price differentials can occur across multiple exchanges due to varying liquidity, trading volume, geographic factors, or market inefficiencies. Though sometimes small, these differences can be exploited for profit when approached methodically.
EXPLANATION OF INPUTS
The script includes a variety of user inputs that help tailor the indicator to your specific needs:
1. Compared Symbol 1: This is the primary symbol you want to track (for example, BTCUSDT). Make sure it's written in all capital and make sure that it's price from that exchange is available on Tradingview.
2. Compare Exchange 1: The first exchange on which the script will request pricing data for the chosen symbol.
3. Compared to Exchange: The second exchange, used for the comparison.
4. Opportunity Threshold (%): A percentage threshold that, when exceeded by the price difference, can trigger buy or sell signals.
5. Plot Style?: Allows you to choose between plotting the raw difference line or a moving average of that difference.
6. MA Type: Select among SMA, EMA, WMA, RMA, or HMA for your moving average calculation.
7. MA Length: The lookback period for the selected moving average.
8. Plot Buy/Sell Signals?: Enables or disables the plotting of arrows signaling potential buy or sell zones based on threshold crossovers.
9. Automated Detection?: Toggles an additional multi-exchange data scan feature that calculates the highest and lowest prices for the specified symbol across a predefined list of exchanges.
CALCULATIONS
At its core, the script calculates price1 and price2 using the request.security function to fetch close prices from two selected exchanges. The difference is measured as (price1 - price2) / price2 * 100. This results in a percentage that indicates how much higher or lower price1 is relative to price2. Additionally, the script calculates a slope for this difference, which helps color the line depending on whether it is trending up or down. If you choose the moving average option, the script will replace the raw difference data with one of several moving average calculations (SMA, EMA, WMA, RMA, or HMA).
The script also includes an iterative scan of up to 15 different exchanges for Automated detection, collecting the highest and lowest price across all those exchanges. If the Automated option is enabled, it compiles a potential recommendation: buy at the cheapest exchange price and sell at the most expensive one. The difference across all exchanges (allExDiffPercent) is calculated using (highestPriceAll - lowestPriceAll) / lowestPriceAll * 100.
WHAT AUTOMATED DETECTION SIGNAL DOES
If enabled, the Automated detection feature scans all 15 supported exchanges for the specified symbol. It then identifies the exchange with the highest price and the exchange with the lowest price. The script displays a recommended action: buy on the lowest-exchange price and sell on the highest-exchange price. While called “Automated,” it is essentially a multi-exchange data query that automates a portion of research by consolidating different price points. It does not replace thorough analysis or guaranteed execution; it simply provides an overview of potential extremes.
WHAT ALL-EX-DIFF IS
The variable allExDiffPercent is used to show the overall difference between the highest price and the lowest price found among the 15 pre-chosen exchanges. This figure can be useful for anyone wanting a big-picture view of how large the arbitrage spread might be across the broader market.
SIGNALS AND HOW THEY ARE GENERATED
The script provides two main modes of signal generation:
1. Raw Difference Mode: If the user chooses “Use Normal Line,” the script compares the percentage difference of the two selected exchanges (price1 and price2) to the user-defined threshold. When the difference crosses under the positive threshold, a sell signal is displayed (red arrow). Conversely, when the difference crosses above the negative threshold, a buy signal is displayed (green arrow).
2. Moving Average Mode: If the user selects “Use Moving Average,” the script instead references the moving average values (maValue). The signals fire under similar conditions but use the average line to gauge whether the threshold has been crossed.
HOW TO USE THE INDICATOR
1. Add the script to your chart in TradingView.
2. In the script’s settings panel, configure the symbol you wish to compare (for example, BTCUSDT), choose the two exchanges you want to evaluate, and set your desired threshold.
3. Optionally, pick a moving average type and length if you prefer a smoother representation of the difference.
4. Enable or disable buy/sell signals according to your preference.
5. If you’d like to see potential extremes among a broader list of exchanges, enable Automated Detection. Keep in mind that this feature runs additional security requests, so it might slow down performance on weaker devices or if you already have many scripts running.
EXCHANGES TO USE
The script currently supports up to 15 exchanges: BYBIT, BINANCE, MEXC, BLOFIN, BITGET, OKX, KUCOIN, COINBASE, COINEX, PHEMEX, POLONIEX, GATEIO, BITSTAMP, and KRAKEN. You can choose any two of these for direct comparison, and if you enable the Automated detection, it will attempt to query them all to find extremes in real time.
VISUALS
The exchanges and current prices & differences are all plotted in the table while the colored line represents the difference in the price. The two thresholds colored red are where signals are generated. A cross below the upper threshold is a sell signal and a cross above the lower threshold is a buy signal. In the line at the bottom, purple is a negative slope and aqua is a positive slope.
LIMITATIONS AND POTENTIAL PROBLEMS
If you enable too many visual elements such as signals, additional lines, and the Automated-based scanning table, you may find that your chart becomes cluttered, or text might overlap. One workaround is to remove and reapply the indicator to refresh its display. You may also want to reduce the number of displayed table rows by disabling some features if your chart becomes too crowded. Sometimes there might be an error that the price of an asset is not available on an exchange, to fix this, go and select another exchange to compare it to, or if it happens in Automated detection, choose a different asset, ideally more widely spread.
UNIQUENESS
This indicator stands out due to its multifaceted approach: it doesn’t just look at two exchanges but optionally scans up to 15 exchanges in real time, presenting users with a much broader view of the market. The dual-mode system (raw difference vs. moving average) allows for both immediate, unfiltered signals and smoother, noise-reduced signals depending on user preference. By default, it introduces dynamic visual cues through color changes when the slope of the difference transitions upward or downward. The optional Automated detection, while not a deep learning system, adds a functional intelligence layer by collating extreme price points from multiple exchanges in one place, thereby streamlining the manual research process. This combination of features gives the script a unique edge in the TradingView ecosystem, catering equally to novices wanting a straightforward approach and to advanced users looking for an aggregated multi-exchange analysis.
CONCLUSION
Uptrick: Arbitrage Monitor is a versatile and customizable Pine Script™ indicator that highlights price differences for a specified symbol between two user-selected exchanges. Through signals, threshold-based alerts, and optional Automated detection across multiple exchanges, it aims to support traders in identifying potential arbitrage opportunities quickly and efficiently. This script makes no guarantees of profitability but can serve as a valuable tool to add to your trading toolkit. Always use caution when implementing arbitrage strategies, and be mindful of market risks, exchange fees, and latency.
ADDITIONAL DISCLOSURES
This script is provided for educational and informational purposes only. It does not constitute financial advice or a guarantee of performance. Users are encouraged to conduct thorough research and consider the inherent risks of arbitrage trading. Market conditions can change rapidly, and orders may fail to execute at desired prices, especially when large price discrepancies attract competition from other traders.
1-3-1 Strat Combo with 50% Level (12h)Logic Explanation
1-3-1 Combo Detection:
The script detects the 1-3-1 pattern using the previous 3 candles:
Candle 4: Inside Bar (Type 1).
Candle 3: Outside Bar (Type 3).
Candle 2: Inside Bar (Type 1).
4th Candle Behavior:
If the 4th candle (current bar):
Stays an inside bar (Type 1) → isFourthInsideBar is true.
Becomes a directional bar (Type 2) → isFourthDirectional is true.
If either of these conditions is true, the script stops calculating and waits for the next valid 1-3-1 setup.
50% Level Calculation:
If the conditions are not met (e.g., the 4th candle doesn’t stop the pattern), the script:
Plots a dotted line at the 50% level of the 3rd candle.
Adds a label showing the 50% level.
Stop Calculations:
No line, box, or label is drawn if the 4th candle is a Type 1 (inside bar) or Type 2 (directional bar).
Visual Outputs:
Dotted Box: Marks the 1-3-1 combo setup.
50% Line: Drawn only if the 4th candle does not invalidate the pattern.
Label: Displays the 50% level of the 3rd candle.
How to Use:
Apply this script on the 12-hour chart.
The script will:
Detect valid 1-3-1 patterns.
Stop drawing any calculations if the 4th candle is an inside bar (1) or a directional bar (2).
Wait for the next valid 1-3-1 combo.
IPO Lifecycle Sell Strategy [JARUTIR]IPO Lifecycle Sell Strategy with Dynamic Buy Date and Multiple Sell Rules
This custom TradingView script is designed for traders looking to capitalize on dynamic strategies for IPOs and growth stocks, by implementing several sell rules based on price action and technical indicators. It provides a set of sell rules that are applied dynamically depending on the stock's lifecycle and price action, allowing users to lock in profits and minimize drawdowns based on key technical thresholds.
The four sell strategies incorporated into this script are inspired by the book "The Lifecycle Trade", a resource that focuses on capturing profits while managing risk in different phases of a stock's lifecycle, from IPO to high-growth stages.
Key Features:
Buy Price and Buy Date: You can either manually input your buy price and date or let the script automatically detect the buy date based on the specified buy price.
Multiple Sell Strategies: Choose from 4 predefined sell strategies:
Ascender Rule : Captures strong momentum from IPO stocks by selling portions at specific price levels or technical conditions.
Midterm Rule : Focuses on holding for longer periods, with defensive sell signals triggered when the stock deviates significantly from peak price or key moving averages.
40 Week Rule : Designed for long-term holds, this rule triggers a sell when the stock closes below the 40-week moving average.
Everest Rule : Aggressive strategy for selling into strength based on parabolic moves or gap downs, ideal for high momentum stocks.
Interactive Features:
Horizontal Green Line showing the buy price level from the buy date.
Visual Sell Signals appear only after the buy date to ensure that your analysis is relevant to the stock lifecycle.
Customizable settings, allowing you to choose your preferred sell rule strategy and automate buy date detection.
This script is perfect for traders using a strategic, systematic approach to IPOs and high-growth stocks, whether you're looking for quick exits during momentum phases or holding for longer-term growth.
Usage:
Input your Buy Price and Buy Date, or allow the script to automate the buy date detection.
Select a Sell Rule strategy based on your risk profile and trading style.
View visual signals for selling when specific conditions are met.
Frequently Asked Questions (FAQs):
Q1: How do I input my Buy Price and Buy Date?
The script allows you to either manually input the Buy Price and Buy Date or use the automated detection. If you choose automated detection, the script will automatically assign the buy date when the price crosses above your set Buy Price.
Q2: What is the purpose of the "Sell Rules"?
The script offers four sell strategies to help manage different types of stocks in varying phases of their lifecycle:
Ascender Rule: Targets IPO stocks showing positive momentum.
Midterm Rule: A defensive strategy for stocks in a steady uptrend.
40 Week Rule: Long-term hold strategy designed to ride stocks through extended growth.
Everest Rule: Aggressive strategy to capture profits during parabolic price moves.
Q3: What is the significance of the Green Line at Buy Price?
The Green Line represents your entry point (Buy Price) on the chart. It will appear from the buy date onwards, helping you track the performance of your stock relative to your entry.
Q4: Can I customize the Sell Strategy?
Yes! You can choose from the available Sell Rules (Ascender Rule, Midterm Rule, 40 Week Rule, Everest Rule) via an input option in the script. Each strategy has its own unique triggers based on price action, moving averages, and time-based conditions.
Q5: Does this script work for stocks and crypto?
Yes, this script is designed for both stocks and cryptocurrencies. It works on any asset where price data and timeframes are available.
Q6: How do the Weekly Moving Averages (WSMA) work in this strategy?
The script uses weekly moving averages (WSMA) to track longer-term trends. These are essential for some of the sell rules, such as the Midterm Rule and 40 Week Rule, which rely on the stock's movement relative to the 40-week moving average.
Q7: Will the script plot a Sell Signal immediately after the Buy Date?
No, sell signals will only be plotted after the Buy Date. This ensures that the sell strategy is relevant to your actual holding period and avoids premature triggers.
Q8: How do I interpret the Sell Signal?
The script will plot a Red Sell Signal above the bar when the sell conditions are met, based on the selected strategy. This indicates that it may be a good time to exit the position according to your chosen rule.
Q9: Can I use this strategy on different timeframes?
Yes, you can apply the script to any timeframe. However, some sell strategies, like the Midterm Rule and 40 Week Rule, are designed to work best with weekly data, so it's recommended to use these strategies with longer timeframes.
Q10: Does this script have any alerts?
Yes! The script supports alert conditions that will notify you when the sell conditions are met according to your selected rule. You can set up alerts to stay informed without needing to watch the chart constantly.
Q11: What if I want to disable some of the sell rules?
You can select your preferred sell rule using the "Select Sell Rule" dropdown. If you don’t want to use a particular rule, simply choose a different strategy or leave it inactive.
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Disclaimer:
This strategy is intended for educational purposes only. It should not be considered financial advice. Always perform your own research and consult with a professional before making any trading decisions. Trading involves significant risk, and you should never trade with money you cannot afford to lose.
SMA Proximity Signal with Trend TableSummary of the Script:
This Pine Script is designed to provide a variety of technical analysis signals based on Simple Moving Averages (SMAs) and market trends across different timeframes. The script combines multiple indicators, such as the SMA crossover, proximity conditions, and trend analysis, along with visual markers and support/resistance lines. Below is a detailed breakdown of the key features:
The script detects crossovers between SMA1 and SMA2 and SMA1 and SMA3, marking them with green circles exactly at the crossover price level (not on the candles).
The crossover events are identified using ta.crossover and ta.crossunder functions.
Additional circles are drawn when other SMAs are in proximity (narrow stage)
Elephant Candle Pattern:
The script identifies "Elephant Candles" based on a large candle body relative to the overall size of the candle, using the condition where the candle body is at least 80% of the total candle size and at least 1.5 times the average candle size.
These candles are marked with an elephant emoji 🐘 at the top of the candle.
Trend Analysis Across Multiple Timeframes:
The script calculates the trend for different timeframes using the SMA20 of each timeframe:
5m, 15m, 1h, 4h, and 1D
It compares the current SMA20 to its previous value to determine whether the trend is Up, Down, or Flat.
MktCumTickThis script is a market sentiment indicator that calculates the cumulative TICK (Trade Imbalance Sentiment) for four major markets: NYSE (New York Stock Exchange), NASDAQ (National Association of Securities Dealers Automated Quotations), Dow Jones, and AMEX (American Stock Exchange).
Here's a breakdown of the script:
1. Market data requests: The script requests data for the four markets, including:
- TICK (Trade Imbalance Sentiment) data
- HLC3 (High, Low, Close) data
- ADVN (Advancing issues), DECL (Declining issues), and UNCH (Unchanged issues) data
2. Cumulative TICK calculation: The script calculates the cumulative TICK for each market by dividing the TICK data by the maximum TICK value for each market.
3. Plotting: The script plots the cumulative TICK values for each market as separate lines on the chart.
4. Background color: The script changes the background color of the chart based on the cumulative TICK values. If all four markets have decreasing cumulative TICK values, the background color turns red. If all four markets have increasing cumulative TICK values, the background color turns green.
The purpose of this indicator is to provide a visual representation of market sentiment across multiple markets. By analyzing the cumulative TICK values, traders can gain insights into market trends and make more informed trading decisions.
Some possible uses of this indicator include:
- Identifying market trends and sentiment
- Confirming trade entries and exits
- Monitoring market conditions and adjusting trading strategies accordingly
