Moving Averages as Support Resistance MTFHello Traders!
As most of you know that Moving Averages with the lengths 50, 100, 150 and 200 are very important. We should use these this moving averages to figure out S/R levels, the possible reversals points, trend direction etc. we should check these moving averages on Higher Time Frames as well. for example if you look at the chart with 5mins time frame, you should also check it in 1hour and 4hour time frames to see to big picture and main trend. this is important as trend is your friend and you should not take positions against the trend.
I developed this script to show them clearly and make the chart understandable. 1 resistance line above the price and 1 support line below the price, it shows the moving average type, length, time frame and S/R level.
You have option to show SMA or EMA and to include/exclude current time frame, because you may want to see only MAs from higher time frames. you should set higher time frames accordingly.
if you add all moving averages for current and higher time frame the chart looks very crowded as following example:
The script makes it clear to understand the chart better, here an example:
It can show when S/R was broken and you get alert. here an example:
You have coloring and style options, you can change line style and colors as you wish:
Enjoy!
Trendtrading
Step RiderRelease Note:
Idea of this script is to ride on the trend. Multiple dynamic support and resistance are identified and those levels are used
Step Lines:
There are 3 different periods by default are used to define 3 different step lines. On any trend, either of these 3 steps shall play major role
Color Strength:
Change in Red & Green color and its thickness changed based on how strong the up or down trend is.
Disclaimer:
//Disclaimer: Idea of publishing this script is to identify the strength of the instrument using multiple confirmation.
//Disclaimer: Using this indicator, changing inputs, and trading decisions are up to the users/traders.
//Courtesy: Thanks to Richard Donchian, Alan Hull as this indicator/script inspired by Donchian Channels, Hull Moving Average
ATR Trend & ATR Top/Bottom (Zeiierman)█ Overview
ATR Trend & ATR Top/Bottom (Zeiierman) blends momentum, volatility, and adaptive trend analysis into a unified framework. It fuses a dynamic oscillator with ATR-based exhaustion detection to identify trend direction, impulses, and potential reversals within the same structure.
Rather than viewing volatility as noise, this tool interprets it as trend expansion, which represents directional conviction, while contraction signals absorption or exhaustion. By combining multi-phase smoothing, adaptive ATR scaling, and contextual trend filtering, the indicator delivers a complete picture of when a market is accelerating, stabilizing, or reversing.
It performs best once a trend has matured and volatility normalizes around a directional core, giving traders the confidence to participate in established moves while dynamically managing risk.
⚪ Why This One Is Unique
Traditional trend oscillators rely on fixed parameters that degrade across assets or timeframes. ATR Trend & ATR Top/Bottom instead employs adaptive weighting and volatility-normalized filtering that automatically aligns with the current market structure.
Its framework integrates three distinct components:
Adaptive Oscillator Core that reveals the internal rhythm of trend and momentum.
ATR Top/Bottom Layer that marks exhaustion and potential turning zones.
Trend Signal & Dynamic Trailing Stop Engine that highlights directional shifts, confirms alignment with the prevailing trend, and transforms trend data into a self-adjusting risk-management system.
█ Main Features
⚪ ATR Trend (The Main Oscillator)
The ATR Trend serves as the indicator’s primary oscillator, translating price and volatility dynamics into a smooth directional curve. When the oscillator line remains above its equilibrium, bullish momentum dominates; when it stays below, bearish momentum prevails. Color transitions reflect real-time trend bias, helping traders immediately recognize whether the market is strengthening or weakening.
This component forms the structural core of the tool, defining overall trend direction, momentum intensity, and transition zones.
It also visualizes trend expansion through the fast leading signal line. When this line crosses above the upper or below the lower boundary, it signals an expansive move within the active trend, often representing short-term overbought or oversold conditions, and can also indicate trend strength in the prevailing market direction.
⚪ ATR Top/Bottom
The ATR Top/Bottom layer highlights potential exhaustion zones within the trend. Green peaks reveal areas of buy-side saturation, suggesting a possible slowdown or reversal in bullish momentum, while red peaks mark sell-side extremes, often appearing before stabilization or renewed strength. These zones help traders identify when a move is becoming stretched or losing balance, offering valuable context for managing exits, scaling out, or anticipating reversals. However, these areas can extend for a prolonged period when price is in a strong, sustained trend, reflecting persistent directional pressure rather than immediate exhaustion.
⚪ Trend Channel Hits
The Trend Channel Hits feature visualizes moments when the price interacts with the projected internal trend channel boundaries of the prevailing trend.
Green arrows appear when the price touches the upper boundary of the trend channel. This can indicate two possible outcomes:
A potential breakout from a negative trend into a developing bullish trend, as price breaks above the upper boundary of the descending channel.
A take-profit zone within an established bullish trend, as price reaches the upper channel where mean reversion is likely to occur.
Red arrows appear when the price touches the lower boundary of the trend channel. This can indicate:
A potential breakout from a positive trend into a developing bearish trend, as price breaks below the lower boundary of the rising channel.
A take-profit opportunity within an established bearish trend, as price reaches the lower channel where mean reversion or short-term recovery is likely to occur.
These signals provide early visual confirmation of trend exhaustion, continuation, or structural breakout, helping traders refine entries, exits, and profit-taking within the broader market context.
█ How to Use
⚪ Trend Following
When the oscillator line remains above the mid-level, the market is in a bullish phase. When it stays below the mid-level, the trend is bearish. Periods where the oscillator holds close to its upper or lower limits indicate strong, sustained momentum in that direction. Watch for color changes or crossovers near the mid-level, as these often signal an upcoming shift in trend control.
Bullish Trend
Bearish Trend
⚪ Trend Signals
To help traders identify and participate in trend trades, the indicator includes pre-built Trend Signals that highlight optimal entry conditions within confirmed market trends. These signals are designed to activate only once the market shows established directional momentum, ensuring higher reliability and filtering out noise from short-term fluctuations.
In addition, the indicator includes built-in take-profit markers for each signal. These serve as suggested partial exit levels, helping traders systematically secure profits while allowing the remaining position to follow the trend with the dynamic trailing stop.
Before relying on the signals, always confirm that the market has been trending for a sustained period. This ensures that entries align with genuine long-term directional strength rather than temporary volatility.
Bullish Trend Signals
Bullish Trend Signals appear during an established uptrend when the indicator detects confirmed positive momentum and stable directional structure. These signals mark potential continuation points where buyers regain control after short-term pauses or pullbacks.
The objective is to follow the trend signals, manage trades with the dynamic trailing stop, and consider taking partial profits at the inbuilt take-profit levels plotted by the indicator.
This setup works best when the market is trending clearly upward and has demonstrated consistent buying strength over time.
Bearish Trend Signals
Bearish Trend Signals occur during a confirmed downtrend, indicating that selling momentum remains dominant and the trend structure is intact. They typically appear after short-term corrective rallies, signaling that sellers are reasserting control within the broader bearish environment.
As with bullish signals, the goal is to follow the trend signals and trailing stop to capture sustained downside movement, while using the inbuilt take-profit levels to lock in partial gains as the move progresses. This approach performs best when the market is in a clear, mature downtrend with persistent selling pressure and expanding downside momentum.
⚪ Trend Impulses
Impulses represent short bursts of directional acceleration within the active trend.
A surge above the upper band reflects bullish expansion.
A move below the lower band marks bearish acceleration.
These impulses often precede short consolidations before the trend resumes. Traders can use them to scale into strong phases or take partial profits at temporary extremes.
⚪ Reversals
Enable ATR Top/Bottom to monitor momentum peaks:
Red peaks show strong selling momentum. When these peaks start to fade, it can signal that selling pressure is weakening and a potential recovery may be forming.
Green peaks show strong buying momentum. As their size shrinks, it may signal that buying pressure is slowing, and a possible pullback or reversal could follow.
⚪ Extended Trends
For traders who want to visualize intense, extended trend phases, enable the ATR Top/Bottom feature and increase the Length setting to around 30, with Sensitivity set between 40 and 50. Consider reducing the ATR Trend Length to 50 to gain clearer signals of when a trend begins and ends.
This configuration extends the ATR Top/Bottom zones across the entire duration of a major trend, making it easier to identify sustained directional strength and long-lasting momentum phases.
█ How It Works
⚪ Adaptive Oscillator Engine
The oscillator interprets directional flow through a combination of momentum mapping and volatility weighting. It continuously re-centers its equilibrium to reflect evolving market structure, producing a stable yet responsive representation of underlying trend force.
Calculation: Applies multi-domain smoothing and adaptive normalization to align amplitude with volatility while maintaining directional coherence.
⚪ ATR Top/Bottom Detection
The exhaustion layer isolates high-magnitude deviations from the current volatility envelope, identifying potential top and bottom regions where expansion may stall.
Calculation: Uses proportional volatility thresholds and dynamic range modeling to highlight statistically elevated momentum extremes without over-reacting to noise.
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Disclaimer
The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Range & Trend (Zeiierman)█ Overview
Range & Trend (Zeiierman) is a trend-first mapping of price that fuses an adaptive Range & Trend Line, a Trend Buffer (noise gate), a volatility-aware Trend Tracker, and optional Range Levels & Candles to reveal where trend is establishing, compressing, or handing off to a ranged regime.
Execution is guided by graded Buy/Sell labels (Regular / Plus / Strong), structural HH/HL & LL/LH markers with optional Peak Profit readouts, and a multi-TF Timeframe Scanner for alignment.
⚪ Why This One Is Unique
Unlike single-source trend lines, this version layers two orthogonal stabilizers:
a Range & Trend core that adapts its band size to volatility and dispersion, and
a dynamic smoothing buffer that dampens insignificant fluctuations, ensuring only meaningful trend movements affect signal output.
Signals are graded (Regular / Plus / Strong) based on contextual conditions, allowing traders to gauge the conviction behind each trend event. Range Candles add regime context by coloring bars only when a statistically consistent range structure forms, highlighting potential consolidation or transitional market phases. A lightweight Timeframe Scanner completes the workflow, broadcasting alignment from intraday to daily without adding chart clutter.
█ Main features
⚪ Range & Trend Line – Signal Generator
Adaptive directional mapping forms the foundation of the system. It highlights the active trend through color transitions and generates graded Buy/Sell labels (Regular / Plus / Strong) to reflect the strength of confirmation. The line responds dynamically to volatility, revealing when momentum is expanding, stabilizing, or reversing.
Unlike typical reactive signal tools, this model isolates only the most strong and meaningful trend transitions — those with the structural weight to establish or extend a new long-term directional phase. Each signal represents a filtered, high-conviction shift rather than a short-term fluctuation.
⚪ Trend Buffer (Noise Gate)
A precision filter that smooths the core trend output and suppresses false flips caused by short-term noise. It enhances visual consistency and provides the confirmation layer used to promote Regular signals to Plus strength when agreement occurs between buffer and core.
⚪ Trend Tracker
A trailing validation line that tracks directional health and trend persistence. It advances only in the direction of the active move, creating an adaptive stop-like reference. Tracker alignment helps identify trend exhaustion and contributes to Strong-grade signal confirmation.
⚪ Range Levels & Candles
Contextual zones that identify periods of compression or balance. When a valid range forms, candles are shaded within it, distinguishing ranging environments from trending conditions. These zones help anticipate breakouts and define natural support and resistance areas.
⚪ Live Structure (HH/HL & LL/LH with Peak Profit)
Displays real-time structural evolution — Higher Highs/Lows during uptrends and Lower Highs/Lows during downtrends. The optional Peak Profit label shows performance since the last regime change, offering an immediate view of current trend efficiency.
⚪ Timeframe Scanner
A compact multi-timeframe alignment panel that visualizes bullish or bearish trend states across user-selected intervals. It provides fast confirmation of directional consensus, helping traders act only when the broader structure supports their chosen bias.
█ How to Use
⚪ Range & Trend Line – Signal Generator
The Range & Trend Line is the core signal engine — its color shifts mark confirmed directional changes. This is where the system produces the graded Buy/Sell signals shown as ▲ / ▼ labels. Each grade reflects how many internal layers agree at the moment of signal creation:
Regular (▲ / ▼) – Triggered by a confirmed flip in the Range & Trend core. It appears when the base trend direction changes and is the earliest signal of potential reversal.
Plus (▲ + / ▼ +) – Requires the Trend Buffer to confirm the same direction. This upgrade indicates stronger trend agreement and higher reliability.
Strong (▲ ++ / ▼ ++) – These are high-conviction continuation signals and typically occur after structural confirmation.
How to trade them: Regular signals provide early awareness; Plus signals suggest confirmation; Strong signals mark trend maturity or high-probability continuations. Always trade in the direction of the prevailing trend. Use the Trend Buffer or Live Structure to confirm the dominant directional bias before acting on a signal.
⚪ Support and Resistance
The Range & Trend Line and the Buffer Line can act as dynamic support and resistance zones. Price often reacts around these levels, confirming whether the current move is continuing or losing strength.
Look for confirmation or rejection signals near these lines. Reactions around them often mark key decision points within the active trend.
⚪ Range Levels & Candles
Highlights when price enters structured consolidation zones. Candle coloring activates only inside validated ranges, helping to identify areas that show the typical characteristics of a ranging market. These zones visually separate balanced conditions from active trends and provide context for potential transitions.
Watch how price reacts around the upper and lower range levels. Look for false or confirmed breakouts, and expect price to move between these boundaries until a clear breakout develops. Range edges can also serve as practical entry or stop zones.
█ How It Works
⚪ Range & Trend Core
The main engine that defines the chart’s directional trend line. It adapts to changing market conditions, showing a smooth and reliable view of trend strength and direction.
Calculation: Builds a range-adaptive structure whose width adjusts with current volatility. The core moves toward new highs or lows but limits pullbacks to avoid false shifts. Several smoothing methods work together to create a steady, low-lag trend path.
⚪ Trend Buffer (Noise Gate)
A stabilizing layer that keeps the main trend line steady when price noise increases. It improves visual clarity and helps confirm true direction before a trend update appears.
Calculation: Uses a feedback-based update that reacts more when movement is strong and less when noise dominates. This lets the buffer ignore minor fluctuations while staying responsive to real trend changes.
⚪ Trend Tracker
A support line that follows the main move and helps confirm when a trend remains intact. It also serves as a guide for managing active positions.
Calculation: Applies a one-way trailing system that only moves in the direction of the trend. The offset adjusts with volatility, keeping a consistent distance that tightens or widens with market energy.
⚪ Buy/Sell Signal Engine (Regular / Plus / Strong)
The signal system that classifies entries by strength and confirmation level. It reacts to real-time trend changes while filtering weak reversals.
Calculation: Detects state flips in the Range & Trend Core, checks for agreement with the buffer, and rates each signal by historical pattern support. Higher-grade signals appear only when several layers confirm continuation strength.
⚪ Range Levels & Candles
Identifies short-term balance zones and highlights candles within those areas. These zones show where price pauses before the next directional move.
Calculation: Finds upper and lower range limits based on recent highs and lows, confirming only when several bars form a stable zone. Candle colors and level lines extend slightly forward to show likely reaction areas.
⚪ Swing Points & Peak Profit
Marks key turning points and measures performance since the last reversal. It helps track the strength and duration of each movement.
Calculation: Keeps a short memory of recent pivots and updates only when a new high or low replaces the last one. The percent distance from the last flip to the current bar defines the live Peak Profit reading.
⚪ Timeframe Scanner & Alert Aggregator
Combines directional data from multiple timeframes into a single view. Alerts trigger only when all selected timeframes agree.
Calculation: Gathers the trend state from each timeframe, converts it to a simple up or down value, and compares the results. When every layer matches your chosen direction, one clear, high-confidence alert is sent.
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Disclaimer
The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Lyiness_Double_TrendLyiness_Double_Trend/Strategie
The idea is to identify a big move in the 4H chart, which you convert into smaller trades to pull the stop into the profit zone as quickly as possible.
orange zigzag 4H
white zigzag-1H
Look for a visible trend reversal in the red and green zones at the upper and lower edges.
For example, in the settings you can change the time of the zigzag to 15 minutes in order to trade a large trend movement even more precisely.
BRAHMA - Better Remodelled Adaptive Holistic Moving Average™𝗧𝗿𝗮𝗱𝗲𝗖𝗵𝗮𝗿𝘁𝗶𝘀𝘁 𝗕𝗥𝗔𝗛𝗠𝗔 (Better Remodelled Adaptive Holistic Moving Average) is an exceptionally versatile Moving Average, that can adapt, expand and transform into a better Moving Average system that consists of BRAHMA bands and BRAHMA steps, both emanating from a singular plot based on the source price and the lookback length. The system also consists of BRAHMA cloud which is based on the source price, the lookback length, the step length and the cloud factor. In addition to using the source price directly, the indicator offers 15 different Moving Average types that can be used on the source price for BRAHMA system to adapt to, offering several possibilities to visualize and trade the price action.
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™𝗧𝗿𝗮𝗱𝗲𝗖𝗵𝗮𝗿𝘁𝗶𝘀𝘁 𝗕𝗥𝗔𝗛𝗠𝗔 𝗨𝘀𝗲𝗿 𝗠𝗮𝗻𝘂𝗮𝗹
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Like any other moving average system, the source price and the lookback length determines the dynamic of BRAHMA . Source price can be selected from Sᴏᴜʀᴄᴇ dropdown and the lookback length can be enetered in the Bʀᴀʜᴍᴀ Lᴇɴɢᴛʜ input box. MA ᴛʏᴘᴇ dropdown is used to choose the type of moving average for BRAHMA to adapt to. To use the source price directly, Use Source must be selected from the dropdown.
In addition to this usual requirement, Bʀᴀʜᴍᴀ Wɪᴅᴛʜ and Bʀᴀʜᴍᴀ Sᴛᴇᴘ Lᴇɴɢᴛʜ are required to make BRAHMA moving average system complete, based on risk and reward expectations of the user.
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BRAHMA Bands and Steps
The Bands and the Steps are integral part of the BRAHMA system. When the Bʀᴀʜᴍᴀ Wɪᴅᴛʜ and Bʀᴀʜᴍᴀ Sᴛᴇᴘ Lᴇɴɢᴛʜ values are 1, the bands and steps lie dormant inside BRAHMA and they emanate from the main plot as the values are increased.
Bʀᴀʜᴍᴀ Wɪᴅᴛʜ impacts the Bands Mean line + expands or contracts the bands and Bʀᴀʜᴍᴀ Sᴛᴇᴘ Lᴇɴɢᴛʜ transforms the dormant step system (on minimum value of 1) from inside the BRAHMA bands into a powerful step/block like structure that helps find support/resistance levels and displays Bull and Bear zones based on price action in relation to the BRAHMA bands and BRAHMA steps .
Dɪsᴘʟᴀʏ Bʀᴀʜᴍᴀ Sᴛᴇᴘs plots the steps
Dɪsᴘʟᴀʏ Bʀᴀʜᴍᴀ Bᴀɴᴅs plots the bands
Enabling Cᴏʟᴏᴜʀ Bᴀʀs with Bands and Steps displayed will plot the Bull and Bear Zones on price bars and this dynamic is very different from the colouring of the bars based on the cloud as a standalone plot.
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BRAHMA Cloud
The cloud is a very useful part of this system and helps see the price action with the help of volatility of Bulls/Bears based on the lookback length, step length and the cloud factor. Price above or below the cloud helps visualize the strength of the trend along with the height/thickness of the cloud. Thinning of the cloud can signal reversals and can be used with another confirmator.
Cʟᴏᴜᴅ Fᴀᴄᴛᴏʀ (1 - 10) affects the cloud dynamic and can be changed to suit personal risk strategy and trade frequency. Cloud sensitivity is also affected by the Bʀᴀʜᴍᴀ Lᴇɴɢᴛʜ . Cloud can be used on its own with really low lookback length (even length of 1 works well).
Dɪsᴘʟᴀʏ Bʀᴀʜᴍᴀ Cʟᴏᴜᴅ plots the cloud
Enabling Bʀᴀʜᴍᴀ Cᴏʟᴏᴜʀ Bᴀʀs with Cloud displayed as the only standalone component of the indicator will plot the Bull and Bear Zones and this dynamic is very different from the colouring of the bars based on the Bands and Steps on chart. When the price enters the cloud from below after or during a period of downtrend will start painting Bull colour and when the price enters the cloud from above after or during a period of uptrend will start painting Bear colour on the price bars.
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BRAHMA Colour Scheme
The colours of the plots and fills can be changed based on user preference from the indicator settings.
There are three Themes to choose from Bʀᴀʜᴍᴀ Cᴏʟᴏᴜʀ Bᴀʀs Tʜᴇᴍᴇ (Simple, Chilli and Flame) dropdown to colour the price bars.
Enabling Bʀᴀʜᴍᴀ Cᴏʟᴏᴜʀ Bᴀʀs with Simple Theme colours the price bars based on Bull and Bear zones as explained in the sections above. Chilli and Flame themes colour the price bars with trend intensity for every bar based on the source price and lookback length.
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Alerts
Alerts can be created for Long and Short entries by using Once Per Bar Close as Alert Frequency. Entries are generated on Real time bars. It is recommended to wait for bar close before taking a position based on Trade Entries.
The indicator does not repaint and can be confidently used for alerts and trade entries without worrying about signals disappearing.
™TradeChartist BRAHMA can also be connected to ™TradeChartist Plug and Trade using 𝗕𝗥𝗔𝗛𝗠𝗔 𝗧𝗿𝗲𝗻𝗱 𝗜𝗱𝗲𝗻𝘁𝗶𝗳𝗶𝗲𝗿 as Oscillatory Signal to generate entries along with Targets, Stop Loss plots etc. Target and Stop Loss alerts can be created using Plug and Trade's Alerts system.
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Example Charts
1. The 15m chart below demonstrates how a Simple Moving Average can be transformed from a noisy pretty much untradeable MA plot to meaningful Moving Average Trade System using BRAHMA by adjusting the Width and the Step Length.
2. GBP-USD 1hr chart using 34 period Zero-Lag EMA with 21 width and 24 step length (24 hrs in a Daily candle - This helps choose length for HTF based levels)
3. NIFTY 1hr chart using 21 period TEMA (Triple Exponential MA) with 21 width and 24 step length.
4. XAU-USD Daily chart using 89 period TEMA with 24 width and 12 step length, enabling Chilli Theme based colour bars.
5. LINK-USDT 1hr chart using 21 period Hull MA with 24 width, 24 step length and cloud factor of 2 visualised using colour bars on cloud as standalone plot.
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Best Practice: Test with different settings first using Paper Trades before trading with real money
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This is not a free to use indicator. Get in touch with me (PM me directly if you would like trial access to test the indicator)
Premium Scripts - Trial access and Information
Trial access offered on all Premium scripts.
PM me directly to request trial access to the scripts or for more information.
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RSI Tops and BottomsHello Traders
This script finds Tops when RSI is in overbought area or Bottoms when RSI is in oversold area and checks the divergence between them. it checks divergence at tops/bottoms after RSI exited from OB/OS areas.
You can change overbought / oversold levels.
You can limit the time that RSI is in OB/OS area with the option "Max Number of Bars in OB/OS"
you can set the minimum/maximum distances between Tops/Bottoms with the options "Min Number of Bars between Tops/Bottoms" and "Max Number of Bars between Topss/Bottoms"
and you can set the color and line widths as you wish.
These tops or bottom must be sequential, means there mustn't be another top while checking tops or bottom while checking bottoms between them.
in next example you can see valid and invalid bottoms:
After you got signal then you better use Stop Order, a few pips higher than the high of colored candle for long positions, ( vise versa in short positions ). so you may escape from traps. ("Stop order" is filled when the price reached a pre-specified price. for example the price is now 10.0 and you set Buy Stop Order at 11.0 then if price reaches 11.0 then your buy order get filled. you can put stoploss a few pips lower than the low of colored candle or you can use ATR to decice stoploss level. how you wish)
For example in following screenshot you can see that buy stop order was not filled and you didn't take long position.
Enjoy!
Reversal Algo (Zeiierman)█ Overview
Reversal Algo (Zeiierman) is an adaptive reversal and momentum detection system that helps identify hidden turning points, pressure zones, and changes in market direction. It brings together advanced modeling techniques such as dynamic volatility bands, adaptive trend tracking, and momentum-based confirmation signals into one clear, visual framework.
Unlike traditional reversal indicators that depend on static oscillators or fixed levels, this tool adapts in real time to market movement. It tracks volatility and directional flow to reveal when momentum is building, slowing down, or preparing to reverse.
Whether applied to short-term scalping, swing positioning, or macro structural validation, this tool provides an adaptive analytical environment that translates complex price dynamics into actionable context.
⚪ Why This One Is Unique
This version of Reversal Algo employs multi-domain adaptive modeling, combining envelope projection, trend inertia estimation, and contrarian equilibrium tracking within a single structure.
Its framework merges nonlinear smoothing manifolds with volatility-compensated directional phase mapping, allowing it to evolve with shifting market states rather than react to them.
Optional AI-driven optimizations enhance precision in unstable regimes by dynamically reshaping envelopes and tracking lines around localized flow curvature.
█ Main Features
⚪ Reversal Cloud
The Reversal Cloud highlights areas of potential expansion, compression, and turning points in price. It adapts to volatility by expanding when markets become unstable and tightening during periods of calm, creating a visual map of market rhythm and elasticity.
When the Cloud widens, it often signals exhaustion or increased turbulence; when it narrows, it suggests balance or an upcoming breakout.
With AI mode enabled, the Cloud automatically fine-tunes its shape to align with live price behavior, keeping its structure responsive and accurate.
⚪ Reversal Signals
Reversal Signals are designed to identify potential market turning points with precision. They combine multiple layers of price behavior—momentum shifts, directional changes, and balance-point deviations—to highlight areas where reversals are statistically more likely. To reduce false clusters, the system intelligently filters out repeated signals within a short time window.
⚪ Reversal/Exit Points
Reversal/Exit Points appear as small, color-coded dots above or below candles. They signal moments where price momentum slows or where the system detects a potential shift in directional strength. These markers are often found near short-term highs or lows, making them ideal for identifying profit-taking zones, re-entry setups, or early warnings of a possible reversal.
⚪ Trend Framework
The Trend Framework provides a clean visualization of the market’s prevailing direction. It smooths out short-term noise to reveal the core trend structure, showing when the market is expanding, contracting, or transitioning between phases.
This framework helps traders quickly see whether price action supports continuation or if the trend is weakening.
⚪ Trend Tracker Line
The Trend Tracker Line is a highly responsive trend detector that reacts quickly to shifts in momentum. It adapts dynamically to volatility, providing an accurate real-time view of directional acceleration and deceleration. This helps traders spot early changes in market tone and evaluate whether a move has the strength to continue.
When AI mode is enabled, the line automatically adjusts its sensitivity to remain stable and consistent across different market conditions.
⚪ Contrarian Bar Coloring
Contrarian Candle Coloring enhances chart readability by visually distinguishing strength from weakness. Green bars highlight areas of building upward momentum, while red bars point to potential pressure or exhaustion. The system continuously adapts its color transitions to reflect subtle momentum shifts, making it easier to recognize when the market is gaining or losing conviction.
An optional AI mode fine-tunes these transitions to match the current market rhythm, ensuring that candle coloration always reflects the underlying flow of strength and weakness.
█ How to Use
⚪ Reversal Trading
The primary purpose of the indicator is to identify reversal opportunities in the market. Reversal or contrarian trading means entering positions against the current directional move in anticipation of a fade or trend rotation. This approach often occurs in high-volatility environments, so it is important to widen your stops, reduce your initial position size, and, if appropriate, scale or average into positions carefully rather than committing all capital at once.
The Reversal Algo provides predefined Buy and Sell signals designed to highlight potential market peaks and troughs. While these signals are highly accurate, they are not meant to call every top or bottom perfectly. In a strong trending market, several reversal signals may appear consecutively before the market fully turns.
⚪ Reversal Signal + Candle Coloring
Combine Reversal Signals with Contrarian Candle Coloring for added confirmation. A practical approach is to wait for a Reversal Signal and then look for a color shift in the candles (for example, from contrarian-colored to standard candles). This color transition acts as confirmation that the active move may be losing strength and that a reversal could be underway.
⚪ Reversal Signals + Reversal Cloud
Consider taking reversal entries only when price interacts with the Reversal Cloud boundaries. The Cloud’s upper and lower layers act as dynamic resistance and support zones. When a Reversal Signal appears near or immediately after price rejection from one of these layers, it adds structural confirmation to the setup and strengthens the case for entry.
⚪ Reversal Signals + Key Levels
One of the most effective ways to trade Reversal Signals is by combining them with key price levels, such as the previous day’s high, low, or close. If price rejects one of these levels while a Reversal Signal prints simultaneously, the confluence of the two events serves as strong validation for a potential turning point.
⚪ Take Profit
The Reversal/Exit Points can function both as entry confirmations and as take-profit zones. If a Reversal Signal was missed but a new Reversal/Exit Point appears near a peak or trough, it can indicate a late-entry opportunity aligned with exhaustion behavior.
These dots are most powerful as profit-taking signals. Since they form near local highs and lows, they often mark regions of temporary imbalance where reversals are likely. When a Reversal/Exit Point forms in the opposite direction of your current position, consider taking partial profits or tightening stops to lock in gains while maintaining participation in the broader move.
█ How It Works
⚪ Reversal Cloud Engine
The Reversal Cloud defines the dynamic upper and lower boundaries of market elasticity by transforming recent price displacements into a smooth volatility field. Through multi-layered envelope modeling, it constructs a continuous topology of expansion and compression zones, revealing where directional energy accumulates or dissipates.
Calculation: Uses layered volatility envelopes that adapt to changing market speed and expansion. A built-in alignment mechanism keeps the upper and lower bands synchronized, while optional AI optimization adjusts the symmetry of the cloud based on short-term directional bias.
⚪ Trend Tracker System
The Trend Tracker isolates directional persistence by modeling angular displacement of price flow over adaptive temporal curvature. It interprets slope evolution as a continuously evolving directional vector field, capturing both acceleration and deceleration within the active regime.
Calculation: Applies adaptive slope modeling to estimate the dominant direction of price flow. The system smooths fluctuations dynamically while maintaining responsiveness to significant shifts in trend velocity. When AI mode is active, an intelligent weighting adjustment refines the tracker’s equilibrium bias for better phase synchronization.
⚪ Trend
The Trend module projects a dual-polarity directional lattice, distinguishing constructive (positive) and distributive (negative) flow environments. It defines equilibrium corridors that expand and contract with evolving trend geometry, offering visual feedback on regime strength and transition probability.
Calculation: Uses weighted directional regression to estimate upper, middle, and lower trend layers. Each structure is color-coded based on price slope and relative position, creating a continuous and easy-to-read trend map.
⚪ Contrarian Bar Coloring Engine
Contrarian bar coloring converts raw bar data into a slope-weighted momentum matrix, visually encoding thrust versus decay phases in real time. It acts as a microstructural interpreter of price inertia, identifying acceleration clusters and momentum fatigue through color transitions.
Calculation: Combines slope analysis and volatility normalization to evaluate how strong or weak each price bar is relative to its trend. The results are reflected in real-time color changes that emphasize momentum strength and fatigue.
⚪ Reversal/Exit System
Reversal and Exit Points are derived from an evolving volatility-based trail that tracks directional exhaustion and reversion potential. These markers visualize transitions in directional energy—helping traders anticipate trend slowdowns or reversal probabilities.
Calculation: Constructs an adaptive volatility trail that contracts as directional momentum weakens. A state-aware detection model identifies inflection points where pressure changes polarity, producing the plotted up/down dots that mark possible reversals or exits. This ensures that each signal dynamically reflects real-time shifts in market energy rather than static thresholds.
⚪ Reversal Signals Core
The Reversal System’s entry framework is designed for precision. It combines several layers of short-term momentum analysis into clear, directionally aligned signals. By balancing different market speeds and measuring how far the price moves from its equilibrium, it identifies high-probability areas where trends may continue or reverse.
Calculation: Implements a composite synchronization framework that aligns short-term momentum phases with equilibrium drift and directional bias. Redundant triggers are filtered out through temporal separation logic, ensuring only the most distinct and reliable signals are displayed. Adaptive thresholds adjust automatically based on volatility and trading mode, maintaining signal consistency across scalp, intraday, and swing environments.
⚪ AI-Adaptive Optimization Layer
The AI layer refines selected modules — Reversal Cloud, Trend Tracker, and Contrarian Candles — by continuously recalibrating their internal weighting curves according to volatility structure and price curvature. It acts as an intelligent stabilizer that adjusts smoothing depth, boundary stiffness, and gradient bias dynamically.
Calculation: Utilizes a Context-Aware Kernel Adjustment Engine, estimating curvature variance and phase imbalance to auto-tune envelope response. The model performs iterative self-alignment to preserve directional fidelity under rapidly changing flow dynamics.
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Disclaimer
The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Paid script
Trend-Range IdentifierTrend trading algorithms fail in ranging market and Swing trading algorithm fail in trending market. Purpose of this indicator is to identify if the instrument is trending or ranging so that you can apply appropriate trading algorithm for the market.
Process:
ATR is calculated based on the input parameter atrLength
Range/Channel containing upLine and downLine is calculated by adding/subtracting atrMultiplier * atr to close price.
This range/channel will remain same until the price breaks either upLine or downLine.
Once price crosses one among upLine and downLine, then new upLine/downLine is calculated based on latest close price.
If price breaks upLine, the trend is considered to be up until the next line break or no lines are broken for rangeLength bars. During this state, candles are colored in lime and upLine/downLine are colored in green.
If price breaks downLine, the trend is considered to be down until the next line break or no lines are broken for rangeLength bars. During this state, candles are colored in orange and upLine/downLine are colored in red.
If close price does not break either upLine or downLine for rangeLength bars, then the instrument is considered to be in range. During this state, candles are colored in silver and upLine/downLine are colored in purple.
In ranging duration, we display one among Keltner Channel, Bollinger Band or Donchian Band as per input parameter : rangeChannel . Other parameters used for calculation are rangeLength and stdDev
I have not fully optimized parameters. Suggestions and feedback welcome.
TrendMaAlignmentStrategy - Long term tradesThis is another strategy based on moving average alignment and HighLow periods. This is more suitable for long term trend traders and mainly for stocks.
Candle is colored lime if : Lookback Period has at least one bar with moving averages fully aligned OR None of the bars in Lookback periods has negatively aligned moving averages (More than half are positively aligned).
Candle is colored orange if : Lookback Period has at least one bar with moving averages fully aligned in negative way OR none of the bars in lookback has positively aligned moving averages (More than half are negatively aligned).
If either of above conditions are met, candle is colored silver.
Moving average alignment parameters:
Moving Average Type : MA Type for calculating Aligned Moving Average Index
Lookback Period : Lookback period to check highest and lowest Moving Average index.
HighLow parameters:
Short High/Low Period: Short period to check highs and lows
Long High/Low Period: Longer Period to check highs and lows.
If short period high == long period high, which means, instrument has made new high in the short period.
ATR Parameters:
ATR Length: ATR periods
StopMultiplyer: To set stop loss.
ReentryStopMultiplyer: This is used when signal is green buy stop loss on previous trade is hit. In such cases, new order will not be placed until it has certain distance from stop line.
Trade Prameters:
Exit on Signal : To be used with caution. Enabling it will allow us to get out on bad trades early and helps exit trades in long consolidation periods. But, this may also cause early exit in the trend. If instrument is trending nicely, it is better to keep this setting unchecked.
Trade direction : Default is long only. Short trades are not so successful in backtest. Use it with caution.
Backtest years : limit backtesting to certain years.
Part of the logic used from study's below:
Other strategies based on these two studies are below (which are meant for short - medium terms):
Trend Algo (Zeiierman)█ Overview
Trend Algo (Zeiierman) converts raw price movement into a cohesive, volatility-aware trend map. Rather than static moving averages, it builds an adaptive trend core that responds to market state changes, then layers regime-sensitive clouds (Infinite Sky) and horizon-bounded channels (HorizonX), plus precise trend-change and continuation signals. The result is a clean framework for reading direction, timing pullbacks, and validating momentum.
The indicator visualizes the active trend line, adaptive clouds, and stateful signals to reveal transition zones, trend acceleration, and exhaustion. It suits intraday execution, swing confirmations, and structural regime assessment.
⚪ Why This One Is Unique
Unlike conventional trend tools, this version combines volatility-normalized trend estimation, AI-style regime clustering, and horizon-bounded support/resistance channels. Its framework uses multi-phase smoothing, adaptive width scaling, and state detection that aligns entries and continuations with current market inertia—reducing whipsaw while preserving responsiveness.
█ Main features
⚪ Dynamic Clouds
The Dynamic Trend Line provides a stabilized, noise-aware trajectory of price, color-coded by directional bias. Two cloud systems overlay the core trend:
Infinite Sky (AI) — a regime-aware cloud that distinguishes fast vs. slow trend states.
HorizonX — adaptive channels that operate as dynamic support/resistance and define trend boundaries.
⚪ Candle Coloring
The candle coloring is designed to highlight trend momentum peaks, allowing you to instantly recognize when the trend is accelerating or slowing down. This visual feedback makes it easier to interpret the strength and speed of directional moves directly on the chart, seamlessly complementing the Dynamic Trend Line and Cloud systems.
⚪ Trend Change Signals & Trend Continuation Signals
The main signals are the Trend Change Signals , designed to trigger when the current trend structure begins to shift its state. These signals give you an instant sense of when a potential trend reversal or directional change might occur.
To complement them, we’ve added Trend Continuation Signals , which only activate within an established trend. These signals confirm the current direction and indicate that the trend is gaining strength and preparing for another move in the same direction.
⚪ Trend Line
Two types of trend lines are integrated: Stability and Dynamic.
The Stability Line follows the current price action in a smooth, drift-like manner — staying closer to price to act as a faster support and resistance zone.
The Dynamic Line adapts to volatility, ensuring that continuous movements within the trend are taken into account. This helps traders stay aligned with the trend and capture extended moves during periods of higher market activity.
█ How to Use
⚪ Trend Changes
Trend Change Signals appear when the current trend structure begins to shift, signaling a potential reversal or directional transition. These signals help traders anticipate moments when momentum weakens or changes direction, offering early insight into possible turning points in the market. Combine Trend Change Signals with Candle Coloring or Cloud behavior to confirm entries and strengthen trend reversal validation.
⚪ Trend Continuations
Trend Continuation Signals trigger within an established trend, confirming that the current direction remains strong. They often appear after pullbacks or pauses, suggesting that the market is ready for another move in the same direction. These signals work best when paired with the Dynamic Trend Line, allowing traders to stay confidently aligned with powerful ongoing trends.
⚪ Support and Resistance
The Stability Trend Line acts as a reactive support and resistance guide, staying close to price and highlighting areas where market reactions are most likely to occur. It offers traders a clear view of short-term structure and helps identify potential bounce or rejection zones with precision.
The Dynamic Trend Line adapts to volatility, forming flexible support and resistance zones that expand during strong momentum and contract during quieter phases, keeping the visual structure balanced and responsive to changing market conditions.
HorizonX defines the outer adaptive boundaries of the trend. These dynamic channels operate as broader support and resistance frameworks, helping traders anticipate trend exhaustion or continuation zones beyond the immediate price action.
The Infinite Sky (AI) cloud adds a regime-aware layer that distinguishes fast and slow trend states, visually framing the strength of support or resistance regions as they evolve and allowing traders to read both momentum and structure in a single glance.
█ How It Works
⚪ Dynamic Trend Core
A volatility-normalized estimator generates the primary trajectory and color state, balancing stability vs. agility by adapting to dispersion and displacement.
Calculation: Multi-phase weighted smoothing with volatility-scaled adjustments and adaptive phase control to minimize lag while preserving curvature.
⚪ Infinite Sky (AI Regime Cloud)
Differentiates fast vs. slow trend states and paints a regime-aware cloud that guides timing and risk.
Calculation: Windowed return modeling (with optional consolidation), two-pole response filtering, and distribution-center clustering to classify regimes and modulate the envelope.
⚪ HorizonX Trend Channels
Defines dynamic support/resistance “horizons” that expand/contract with conditions and filter counter-trend noise when strong-trend mode is enabled.
Calculation: A volatility-aware core that evolves with changing price dynamics, maintaining precision across all market conditions.
⚪ Trend Line & Continuations
A fast reaction line confirms pullbacks and validates continuation only when aligned with prevailing bias and structure.
Calculation: Short-horizon smoothing with phase-managed weighting, slope/position gating, and context checks against regime and horizon levels.
⚪ Impulse Detection
Identifies statistically meaningful bursts that precede expansion or warn of exhaustion after extended runs.
Calculation: Nonlinear impulse-response mapping emphasizing second-order changes in directional energy while suppressing micro-noise.
⚪ Trend Bands
Upper/lower bands visualize the active envelope for timing adds, trims, or exits within trend.
Calculation: Percentile-guided banding blended with adaptive anchors to retain structural relevance through regime shifts.
⚪ Bar Color Integration
Bars can inherit trend/gradient context to make state shifts obvious at a glance.
Calculation: Algorithmic gradient model integrating directional momentum intensity to render bar coloration in sync with market flow.
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Disclaimer
The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Paid script
Breakout Trend Trading Strategy - V2This is an alternate version of Breakout Trend Trading Strategy - V1
Only difference is, this strategy places stop orders based on calculated targets whereas V1 waits for price to close target levels and then places market orders. Hence, you will receive the target prices before trade executes in strategy.
Parameters are same as that of Breakout Trend Trading Strategy - V1
There is one additional parameter on Trade Type - which permits user to allow only breakout, pullback or reverse trading or combination of all.
Backtesting parameters remain same :
Capital and position sizing : Capital and position sizing parameters are set to test investing 2000 wholly on certain stock without compounding.
Initial Capital : 2000
Order Size : 100% of equity
Pyramiding : 1
Test cases remain same :
Positive : AAPL , AMZN , TSLA , RUN, VRT , ASX:APT
Negative Test Cases: WPL , WHC , NHC , WOW, COL, NAB (All ASX stocks)
Special test case: WDI
Negative test cases still show losses in back-testing. I have attempted including many conditions to eliminate or reduce the loss. But, further efforts has resulted in reduction in profits in positive cases as well. Still experimenting. Will update whenever I find improvements. Comments and suggestions welcome :)
Breakout Trend Trading Strategy - V1Strategy in nutshell:
This strategy is made to be used in daily time-frames. Works better on trending instruments where volume is available. Hence, this is more suitable for trending shares rather than currencies, commodities and indexes where volume data is either not present or not reliable.
Breakout signifies the continuation of trend. Hence, trade in the direction of breakouts. Breakouts are calculated based on high volume and price movement in a day. This will be combined with few other conditions to generate buy and sell signals along with stop and compound targets. Supertrend is used for trend bias. Our buy and sell targets do not directly depend on the bias. But, entry criteria in opposite trend is made much difficult than that of trend direction. Further explanation of method and input parameters are explained below.
Backtesting parameters :
Capital and position sizing : Capital and position sizing parameters are set to test investing 2000 wholly on certain stock without compounding.
Initial Capital : 2000
Order Size : 100% of equity
Pyramiding : 1
ExitOnSignal : If unchecked exit is triggered solely on trailing stop
Trade Direction : Long, Short or All. Short condition is riskier than long conditions and often results in losses as per my observation. On most of the stocks trending up, strategy will not generate any short signals. This is achieved by comparing yearly high lows to previous two years to decide whether to allow short or long entries.
allowImmediateCompound : Applicable only if compounding/pyramiding is enabled in trade. If checked allows to place compounding orders immediately. If unchecked, it waits for stopline to cross order price before placing next compound.
Display Mode :
Targets : Whenever breakout happens, show marker for upTarget and downTarget
TargetChannel : Show up target and downtarget as a channel
Target With Stop : Along with targets, show also stop levels for breakouts
Up Channel : Channel created from UpTarget and respective stops
Down Channel : Channel created from DownTarget and respective stops
ShowTrailingStop : Shows trailing stop and compound lines when there is a trading position.
ShowTargetLevels : Shows Buy Sell target levels along with stop and compound lines. Trades are done as market orders. Hence, target levels are displayed after strategy makes the trade. Since only one order allowed per side without compounding, target, stop and compound levels are shown sometimes even without trade being made. These can be considered as entry levels if there is no existing position.
ShowPreviousLevels : Shows previous buy/sell target levels. When enabled, layout can look messy.
StopMultiplyer: To Set trailing stop loss.
BacktestYears: Number of years to include in backtest
So far my test cases are:
Positive : AAPL, AMZN, TSLA, RUN, VRT, ASX:APT
Negative Test Cases: WPL, WHC, NHC, WOW, COL, NAB (All ASX stocks)
Special test case: WDI
Negative test cases still show losses in backtesting. I have attempted including many conditions to eliminate or reduce the loss. But, further efforts has resulted in reduction in profits in positive cases as well. Still experimenting. Will update whenever I find improvements. Comments and suggestions welcome :)
Market ProfileHello All,
This is Market Profile script. "Market Profile is an intra-day charting technique (price vertical, time/activity horizontal) devised by J. Peter Steidlmayer. Steidlmayer was seeking a way to determine and to evaluate market value as it developed in the day time frame. The concept was to display price on a vertical axis against time on the horizontal, and the ensuing graphic generally is a bell shape--fatter at the middle prices, with activity trailing off and volume diminished at the extreme higher and lower prices." You better search it on the net for more information, you can find a lot of articles and books about the Market Profile.
You have option to see Value Area, All Channels or only POC line, you can set the colors as you wish.
Also you can choose the Higher Time Frame from the list or the script can choose the HTF for you automatically.
Enjoy!
Donchian Channels System [racer8]Donchian Channels was developed by Richard Donchian in 1949. They have been used with great success by the Turtles, a group of traders in the 1980s who managed to obtain returns of 80% annually. Truly incredible story.
This particular indicator is a trend trading system I coded that shows you when to enter long or short and when to exit those longs or shorts.
In addition, this indicator shows the past performance results that are incredibly valuable information for backtesting this system.
The high, mid, and low lines have been plotted to show how this system works. The blue line is the high line. The gray line is the mid line. The red line is the low line.
Entry signals are generated when the current close closes above the highest price for a long trade or below the lowest price for a short trade over n periods.
Exit signals are generated when the current close crosses the mid-line (aka. baseline) and closes.
Baseline = (highest price + lowest price)/2
I encourage you to play around with the settings, although I reccomend avoiding any period below 14.
This system is no bullshit, it's the real deal.
Good luck traders, and enjoy ;)
Multi Time Frame CandlesHello Traders,
This script can show (upto) 3 candles of another time frames without changing chart time frame realtime . You can choose the time frame and number of candles in the options. You have option to change body and wick colors as well.
in this example number of candles is 2:
You can set body and wick colors:
In this example, weekly candles are shown on 1h chart:
Enjoy!
GODXBT 2.0 GODXBT 2.0
This script helps you to understand the market situation
Script includes :
. Support & resistance tool
. Smoothing filter to reduce noise on the signals
. Take Profits points
. 222 EMA (Works as Support and resistance , customizable you can change the length as per your requirement )
customizable switches to turn on/off
* S/R Switch (Support/Resistance)
* Smoothing filter Switch (to reduce noise)
* TP points (take profits piont)
how to trade :
Buy/Long when " BUY " signal appears
Sell/Short when " SELL " signal appears
take profits on " TP+ " for shorts and " TP- " for longs
for stop loss use support and resistance lines ( mentioned in chart )
small cross above/below the candle shows Support/Resistance getting built
Signal confirmation on candle Close
and Bar colors for trend strength
Red bearish , white for sell exhaustion
Blue bullish , white for buyers exhaustion
Script includes Alerts for BUY and SELL signals as well as TP+ and TP- signals
*** all the details I have mentioned on chart please check the chart ***
DM FOR ACCESS
XBrat AlgoXbrat Algo
Think of an Experienced Traders’ Brain as a blueprint for a trading algorithm. Then the desire to keep charts as clutter free as possible. What you get is a blueprint of Paul Bratby’s thought process but even he admits, he is getting too old to focus on all of these at once!
By aligning various ‘Decision Points’ from multiple indicators such as a configuration of EMA’s, EMA Clouds, Stochastics, MACDs as well as a number of other indicators. Add this to experienced decision making, we have the basis of our Algo.
It’s not just indicators, it’s how they are combined and the settings of each individual indicator, which are not default, that makes up 12 Decision points for grading a trade.
• Minimum of 10 Decision Points before Paul considers grading the trade a 3* trade
• Then another special Decision Point will make it a 4* trade
• Another for 5* trade
• And Finally, a total of 12 Decision Points being correct before he grades a trade 6* trade
Reversal Bands & Zones (Expo) "It has never been easier to find high probability trades"
Reversal Bands & Zones (Expo) is an algorithm that analyzes the market in real-time and identifies reversal points, key market zones, and trends. The advanced and unique reversal bands act as support & resistance zones, and together with the trend tracking feature, it serves as a trend confirmation. The real-time market zones are displayed where there is a high probability of finding support/resistance. The algorithm does also map out key pivot levels based on the current market structure.
> Reversal points and key market zones have alerts.
Real-time
No repainting
Works on any market and in any timeframe
The indicator can be used standalone or as a part of your current trading strategy.
☖ Reversals
The algorithm identifies areas of potential turning points, these are displayed as Upper and Lower Reversal Cloud. When the price hits the cloud and bounces off there is a high probability that the price will reverse. If the price stays in the reversal cloud, there is a high probability that a trend is forming.
☖ Trends
Positive Trend: If the price is in or close to the upper green reversal band and above the trend- tracking line, we can be sure that the market is in a positive trend until the price crosses down from the reversal cloud and the trend tracking line.
NegativeTrend: If the price is in or close to the lower red reversal band and below the trend- tracking line, we can be sure that the market is in a negative trend until the price crosses up from the reversal cloud and the trend tracking line.
☖ Zones
"It hasn't been easier to display, in real-time, one of the most important and useful technical analysis, namely key support and resistance zones"
The algorithm analyzes the market structure in real-time and maps out key supply/resistance and demand/support zones. The user gets an instant understanding of the market structure. Support and resistance can be used to determine the range of a market, to trade reversals, bounces, or breakouts.
☖ Pivots
The indicator does also displays key pivot levels. Pivots can be used to determine the range of a market, to trade reversals, bounces, or breakouts.
HOW TO USE
- Use the indicator to identify reversals.
- Use the indicator to identify the range of the market.
- Use the indicator to identify key support/resistance zones.
- Use the indicator to identify trends.
INDICATOR IN ACTION
1-hour chart
I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments!
-----------------
Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/ideas are only for educational purposes!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
Support Resistance - Aging [Example]Hello All,
First all of Thanks to Pine Team for adding Arrays to Pine!
In this script I tried to make example for
1. Finding S/R lines using highest/lowest function
2. Using 1D array as 2D (we keep S/R levels and age)
3. "Age" usage for S/R levels, getting older on each candle and changing colors by their age (maximum age is 127 then it disappears)
You can use "Close"/Open " or " High/Low " as source.
There is an option for the background color, by default it's Black, do not forget to set it accordingly :)
Enjoy!
Ehlers 2 Pole Super Smoother Filter V2 [CC]The 2 Pole Super Smoother Filter was created by John Ehlers (Cycle Analytics For Traders pg 32) and this follows the price very closely and very useful because it is consistent with uptrends and falls sharply during a sudden downtrend so it should be able to help you stay more profitable. Buy when the indicator line turns green and sell when it turns red.
Let me know if there are other indicators you would like to see me publish or if you want something custom done!
Cumulative Delta VolumeHello Traders,
This is Cumulative Delta Volume script. Delta refers to the difference between buying and selling volume at each price level. Cumulative Delta builds upon this concept by recording a cumulative tally of these differences in buying vs selling volume. The Cumulative Delta indicator plots as candlesticks or line. One of the main uses of Cumulative Delta is to confirm or deny market trends. you may need to search it for yourself ;)
You have option to see it as Candles or a Line. also there are options to show 2 SMAs and 2 EMAs with different Lengths, you can set the lengths as you wish.
By default it shows CDV as Heikin Ashi Candles, it can also show it as normal candles:
It can show CDV as a line:
Also you may need to check divergence:
Enjoy!
Rolling ATR Channel (Expo)Rolling ATR Channel (Expo) is a sophisticated indicator that identifies the underlying trend as well as identifies ATR based trading ranges. In a trending market, the price will be within the Upper or Lower band. If the market is in a trading range , the price will bounce between the upper and lower ATR zones, until the price breaks through and creates a new trend. The user will no longer have to guess in which state the market is in, the indicator displays it clearly.
So, the indicator displays real-time Range (ATR based) support and resistance zones as well as if the market is in a trend.
If you know the current market state, you have the ability to choose the most applicable market strategy.
Real-time
No repainting
Works on any market and in any timeframe
HOW TO USE
- Use the indicator to identify trading range support and resistance zones.
- Use the indicator to identify when the price breaks through the trading range.
- Use the indicator to identify if the market is in a trend.
INDICATOR IN ACTION
4 Hour chart
I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments!
-----------------
Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/ideas are only for educational purposes!
-----------------
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
