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Apex Wallet - Opening Range Breakout (ORB) & Session LevelsOverview The Apex Wallet Opening Range Breakout (ORB) is a professional intraday tool designed to capture the volatility of the first minutes of the trading session. By defining a clear range at the market open, this indicator provides traders with high-probability breakout levels and psychological targets based on mathematical extensions of the initial move. Core Mechanics Customizable Session: Easily define your preferred opening range duration (e.g., first 5, 15, or 30 minutes) and session start time. Dynamic Timezone Adjustment: Includes a built-in UTC offset feature to ensure session times align perfectly with your local market, regardless of where you are trading from. Automated Level Tracking: The script automatically identifies and locks the high and low of the specified opening period. Key Features: Psychological Mid-Lines: Calculates the 50% median of the range (ORB Mid) as a pivot point for trend strength. Advanced Volatility Extensions: Plots internal and external targets (High+Mid, Low+Mid) to identify potential exhaustion zones or secondary breakout levels. Intraday Optimization: Designed specifically for low-timeframe traders (1m to 15m) looking for clear execution zones at the bell. How to use: Wait for the opening range to be established. A breakout above the ORB High often indicates bullish dominance, while a break below the ORB Low suggests bearish momentum. Use the internal extension lines as take-profit targets or areas to move your stop-loss to breakeven.
Indicador Pine Script®
por Apex-Wallet
TSM RSI + Supertrend + High Volume Strategy (BACKTESTED) 1987RSI + Supertrend + High Volume Strategy is a rule-based trading strategy designed to capture high-probability trend reversals and continuations using a combination of trend, momentum, and volume confirmation. The strategy uses Supertrend to identify the primary market direction, RSI to confirm momentum strength, and High Volume to validate participation from strong market players. Trades are triggered only when all conditions align, helping to filter out low-quality signals. Each BUY and SELL signal is plotted on the chart along with the exact trade date, and the script is fully compatible with TradingView’s Strategy Tester for backtesting performance across different markets and timeframes. Core Logic BUY Supertrend turns bullish RSI is above the defined trend level Volume is significantly higher than average SELL Supertrend turns bearish RSI is below the defined trend level Volume confirms strong selling pressure 🎯 Best Use Works well for intraday and swing trading Suitable for stocks, indices, crypto, and forex Designed for trend-following with confirmation ⚠️ Disclaimer This strategy is for educational purposes only. Always use proper risk management and stop-loss. Past performance does not guarantee future results.
Estratégia Pine Script®
por SARAVANANTamilShareMarket
Consolidation Zones (Range + ATR + optional ADX)Consolidation Zones — Market Compression Visualizer Consolidation Zones is a visual market-structure indicator designed to identify periods of price compression where volatility contracts and directional movement pauses. These zones often precede expansion, breakout, or trend continuation, making them critical areas for trade preparation and risk planning. Instead of relying on a single oscillator, this script evaluates price behavior over time to detect when the market is moving sideways within a defined range. When consolidation is present, the indicator highlights the zone directly on the chart, allowing traders to immediately see where balance is occurring. What This Indicator Helps You Do: Identify low-volatility, sideways markets Spot compression before expansion Avoid entering trades during chop and noise Prepare for breakout or breakdown scenarios Combine structure with your existing trend or momentum tools How to Use It Inside the zone: Expect indecision and mean-reversion behavior Break above the zone: Potential bullish expansion Break below the zone: Potential bearish expansion Use zone boundaries as context for entries, stops, and targets This indicator is intentionally non-predictive — it does not guess direction. Instead, it provides clarity, showing where the market is coiling so you can act when price reveals intent. Best Paired With Trend indicators (EMA, VWAP) Momentum tools (RSI, MACD) Volume or volatility expansion tools Notes Consolidation is timeframe-dependent — zones may differ across intervals Designed as a context tool, not a standalone signal generator This indicator is for educational and informational purposes only.
Indicador Pine Script®
por RiskReaperReward
WPNR + ATR Bands + MACDAS StrategyThis indicator is a hybrid approach that blends momentum, volatility, and trend following into one. It's designed to filter out market "noise" and capture high-probability turning points. Components Used: Williams %R (WPNR): Captures moments when the price crosses above the oversold (below -80) region (Long) or below the overbought (above -20) region (Short). ATR Bands: Measure price volatility. They prevent spurious breaks by ensuring signals only activate when the price is within a reasonable range (within the bands). MACDAS: This is a MACD-based trend filter. It only allows trades to be opened in the direction of the main trend (Buy when above the MACD signal line, Sell when below). How to Use? Buy (Long): W%R must cross above the 80 level, the price must hold above the lower ATR band, and MACD must be in the positive zone (bullish). Sell ​​(Short): W%R should cross below the 20 level, price should remain below the upper ATR band, and MACD should be in the negative (bearish) zone Note: This strategy is optimized for 15-minute and 1-hour charts. Always remember to use a stop-loss order.
Indicador Pine Script®
por mehmetbezgincan
BTC - Power Law 1.5: Dynamic 50/50 Decay OVERVIEW Most Bitcoin models treat the asset as if it exists in a vacuum of infinite exponential growth. The classical Power Law (v1.0) was a groundbreaking start, but as Bitcoin matures into a multi-trillion dollar institutional asset, our models must account for the laws of physics and liquidity. The Power Law 1.5: Dynamic 50/50 Decay is a second-generation structural engine. It doesn't just draw a line; it calculates the structural "Center of Gravity" of Bitcoin’s adoption curve while accounting for the natural maturation (decay) of the network’s growth speed. THE MATHEMATICAL BACKBONE: QUANTILE MEDIAN CALCULATION The "Fair Value" line (blue) is derived using a Log-Log Linear Regression focused on the 50th percentile (Median). The script first transforms the price and the time (days since the Genesis Block) into a logarithmic scale. It then calculates a power-law constant by finding the Absolute Least Deviation across the entire historical dataset since 2011. Specifically, it uses the formula: Price = 10^(Intercept + Slope * log10(Days)) . To ensure the line is a true median, the script calculates the Median Offset of every historical price point from the raw regression line. By shifting the intercept by this median value, we guarantee that exactly 50% of all weekly bars fall above the curve and 50% fall below it, creating a robust, non-biased structural center. THE ALPHA SHADOW: DYNAMIC EXPONENT PROJECTION Unlike standard power-law projections that rely on a static slope, the "Alpha Shadow" (the projection extending from the blue backbone) utilizes a Time-Varying Exponent Model . The model acknowledges that Bitcoin's growth speed—the exponent 'b'—is a decaying function of time, reflecting the diminishing returns of a maturing asset. The script recalculated the Instantaneous Slope on every single bar using the formula: Future_Slope = Initial_Slope - (Decay_Rate * log10(Total_Days_from_Genesis)) . While the Decay Rate (default 0.045) serves as a structural sensitivity constant, its application ensures the growth speed is a dynamic variable rather than a fixed number. Each segment of the dashed green "Shadow" is a unique power-law arc calculated for its specific future time window. This ensures the projection isn't just a straight line drawn on a log chart, but a mathematically tethered curve that "feels" the weight of increasing market capitalization and respects the reality of global liquidity constraints as we approach 2029. HOW TO READ THE CHART • The Backbone (Solid Blue): This is the 50/50 Fair Value. When price is below this line, Bitcoin is structurally "cheap." When price is far above it, the asset is in a state of cyclical expansion. • The Alpha Shadow (Green): This is the mathematical projection of the current curve into 2029. It shows the path of "Fair Value" as the network continues to mature. • The Regime Audit (Dashboard): A real-time table in the middle-right of your chart provides an audit of the model's integrity, including the current slope (b) and the projected Fair Price for Jan 1, 2029. WHY THIS IS "FRESH" Most open-source Power Law scripts on TradingView utilize a Static Linear Regression —calculating a single constant slope that is applied equally to 2011 and 2029. Furthermore, common community models often rely on "Outer Band" fitting (connecting historical cycle peaks to cycle lows). While visually appealing, these methods can be highly sensitive to "Black Swan" outliers and often assume Bitcoin’s growth velocity is a permanent constant. This script stands out by introducing a Maturation Framework . Instead of fitting to volatile extremes, we anchor the logic to a 50/50 Quantile Median , creating a backbone that is mathematically centered regardless of cyclical noise. By then applying a Dynamic Decay Factor to the growth exponent, we move away from the "static bands" approach and toward a model that respects the physical reality of a maturing, multi-trillion-dollar asset class. This provides a structurally grounded, institutional-grade view of Bitcoin’s trajectory that accounts for the diminishing returns inherent in global adoption. DISCLAIMER This script is for educational and macro-analytical purposes only. It does not constitute financial advice. The 2029 projection is a mathematical extrapolation based on historical data and decay constants; it is not a guarantee of future price action. TAGS bitcoin, powerlaw, macro, regression, fairvalue, btc, projection, quantitative, math, structural, Rob Maths, robmaths, Rob_Maths
Indicador Pine Script®
por Rob_Maths
SR Highlight - Pato Warza DescriptionThis indicator is a high-precision tool designed to identify and visualize institutional Support and Resistance levels based on structural pivot points. Unlike standard SR indicators that clutter the chart with overlapping lines, this script uses a Smart Clustering Algorithm to merge nearby price levels into single, high-probability zones.Key FeaturesSmart Level Consolidation: Automatically detects and merges price levels that are too close to each other using volatility-based thresholds ( NYSE:ATR $), preventing "visual noise" and overlapping boxes.Strength-Based Hierarchy: Each level is calculated based on historical touches ($Strength$). The more times a price has reacted at a level, the higher its strength.The "King Level" Highlight (Strongest 🔥): The algorithm scans the entire lookback period to identify the single most respected level. This "King Level" is highlighted with a Golden/Yellow border and a fire emoji (🔥) for immediate focus on the day's key pivot.Dynamic Transparency & Layout: Designed specifically for fast-paced trading (15s, 1m, 5m), the zones extend to the left to show historical significance without obstructing the most recent price action.Fully Customizable: Adjust pivot sensitivity, loopback depth, and zone height to fit any asset (Gold, Nasdaq, Forex, or Crypto).How to UseLook for the 🔥: This represents the strongest historical level. Expect high volatility or significant reversals when price approaches this zone.Cluster Zones: Use the thickness of the boxes to gauge the "buffer zone" where price is likely to find liquidity.Trend Alignment: Use these zones in conjunction with your favorite trend indicators to find high-probability "Buy the Dip" or "Sell the Rip" opportunities.Technical Settings (Recommended)Pivot Period: 5 (Standard structural detection).Loopback Period: 300 - 900 (Depending on how much history you want to analyze).Minimum Strength: 3-5 (To filter out minor price noise).
Indicador Pine Script®
por patowarza
MA12 x MA80 Bands Signals - JAMMALMA12 × MA80 Bands Signal – Trend Assistant | Jammal This script provides a clean and simple entry-timing assistant based on the interaction between MA12 and dynamic bands around MA80. It helps visualize potential trend-based entry points with clear and non-intrusive signals. The MA80 bands are fully adjustable, allowing you to customize the sensitivity based on the market and timeframe. Features: Trend-based entry assistance MA12 cross with MA80 dynamic bands Adjustable MA80 bands (user-controlled offset) Clear triangles, labels, and short horizontal levels Works on all markets and all timeframes Helps visualize trend interaction and entry timing Designed for traders who want a simple, clean, and supportive trading tool. Supporting tool only – not a complete trading system. Enjoy and happy trading! Jammal
Indicador Pine Script®
por Jammal
RSI Buy Sell Signals (Fixed) TSMRSI Buy–Sell Signals Indicator is a simple and effective momentum-based tool designed for scalping and intraday trading. It uses the Relative Strength Index (RSI) to identify high-probability BUY and SELL opportunities directly on the price chart. 🔹 How It Works BUY Signal Triggers when RSI crosses above 30 (oversold recovery) or above 50 (bullish momentum). SELL Signal Triggers when RSI crosses below 70 (overbought reversal) or below 50 (bearish momentum). Signals are non-repainting and appear at candle close.
Indicador Pine Script®
por SARAVANANTamilShareMarket
Euro Day StrategyThis is a false breakout reversal strategy that fades short-term breakouts when they conflict with longer-term momentum. Here's the detailed breakdown: Strategy Overview Type: Counter-trend/Fade strategy disguised as breakout trading Core Logic: Enter against immediate breakouts when longer-term momentum suggests the move is exhausted. Strategy Classification This is a FADE/EXHAUSTION strategy, NOT a breakout-following strategy Enters against the immediate breakout direction Bets on mean reversion when short-term price action diverges from longer-term momentum Works best in ranging/choppy markets where breakouts frequently fail Will get hurt in strong trending markets where breakouts are genuine This strategy is designed for intraday mean-reversion trading on instruments that tend to range (likely forex or futures). It requires markets where false breakouts are common and price tends to snap back quickly.
Estratégia Pine Script®
por trungnam2101998
US 3H HARDCORE SCALPING ALGO (FINAL) utc+9English: User Manual1. OverviewThis indicator is a high-intensity scalping tool designed to capture volatility during the first 3 hours of the US market session. It combines trend filtering, value-based entries, and volume validation to identify high-probability trade setups.2. Key ComponentsTrend Filter (EMA 200): Determines the long-term market direction. Only buy signals are generated above the EMA 200, and only sell signals below it.Value Area (VWAP): Represents the Volume Weighted Average Price. It acts as a "magnet" for price and a baseline for fair value.Session Focus (KST 23:00 - 02:00): Highlights the US session opening hours in Korea Standard Time (Red background). It automatically calculates the 3-hour window regardless of the chart timeframe.Volume Filter: Ensures that signals are only generated when trading activity is higher than the 20-period average, filtering out "fake" breakouts.3. Entry ConditionsLong (Buy) Signal:Time: Must be within the Red Focus Zone.Trend: Price is above EMA 200 ($Close > EMA_{200}$).Value: Price is above VWAP.Reaction: The bar's low touches or dips below VWAP, but the bar closes back above it (Pullback recovery).Volume: Current volume is higher than the 20-period Volume SMA.Short (Sell) Signal:Time: Must be within the Red Focus Zone.Trend: Price is below EMA 200 ($Close < EMA_{200}$).Value: Price is below VWAP.Reaction: The bar's high touches or rises above VWAP, but the bar closes back below it (Rejection recovery).Volume: Current volume is higher than the 20-period Volume SMA.4. Visual ElementsYellow Line: EMA 200.Aqua Line: VWAP.Red Background: US 3-hour focus window.Information Label (Top Right): Real-time display of current trend, VWAP position, and session status.
Indicador Pine Script®
por minovsajh
Multi-Timeframe EMA50 Structure + ATR Sniper SystemThis indicator is a comprehensive Trend-Following and Risk Management system designed for swing traders who focus on high-probability structural entries. It combines three core concepts into one visual tool: Multi-Timeframe Structure: Tracks the EMA50 across key swing timeframes (2D, 3D, 1W, 2W, 1M). Momentum Health: Detects MACD Divergences on these timeframes to warn of potential reversals. ATR Sniper Zone (Risk Control): Visually defines the "Buy Zone" and "Hard Stop Level" based on volatility (Daily ATR), preventing FOMO and ensuring consistent Risk/Reward ratios.
Indicador Pine Script®
por geese1028
SR Highlight - Pato WarzaDescriptionThis indicator is a high-precision tool designed to identify and visualize institutional Support and Resistance levels based on structural pivot points. Unlike standard SR indicators that clutter the chart with overlapping lines, this script uses a Smart Clustering Algorithm to merge nearby price levels into single, high-probability zones.Key FeaturesSmart Level Consolidation: Automatically detects and merges price levels that are too close to each other using volatility-based thresholds ( NYSE:ATR $), preventing "visual noise" and overlapping boxes.Strength-Based Hierarchy: Each level is calculated based on historical touches ($Strength$). The more times a price has reacted at a level, the higher its strength.The "King Level" Highlight (Strongest 🔥): The algorithm scans the entire lookback period to identify the single most respected level. This "King Level" is highlighted with a Golden/Yellow border and a fire emoji (🔥) for immediate focus on the day's key pivot.Dynamic Transparency & Layout: Designed specifically for fast-paced trading (15s, 1m, 5m), the zones extend to the left to show historical significance without obstructing the most recent price action.Fully Customizable: Adjust pivot sensitivity, loopback depth, and zone height to fit any asset (Gold, Nasdaq, Forex, or Crypto).How to UseLook for the 🔥: This represents the strongest historical level. Expect high volatility or significant reversals when price approaches this zone.Cluster Zones: Use the thickness of the boxes to gauge the "buffer zone" where price is likely to find liquidity.Trend Alignment: Use these zones in conjunction with your favorite trend indicators to find high-probability "Buy the Dip" or "Sell the Rip" opportunities.Technical Settings (Recommended)Pivot Period: 5 (Standard structural detection).Loopback Period: 300 - 900 (Depending on how much history you want to analyze).Minimum Strength: 3-5 (To filter out minor price noise).
Indicador Pine Script®
por patowarza
Gold Traders Shymkent# Gold Traders Shymkent ## Description **Gold Traders Shymkent** is a professional ZigZag indicator designed specifically for traders from Kazakhstan. Based on the classic ZigZag indicator logic from MT4 platform, it identifies key trend points in price movements and displays them visually. ## Key Features ### 🎯 Core Functions: - **ZigZag Analysis**: Identification of significant price highs and lows - **Kazakh Labeling**: ЖЖ (Higher High), ЖТ (Higher Low), ТЖ (Lower High), ТТ (Lower Low) labels in Kazakh language - **Flexible Settings**: Depth, Deviation, and Backstep parameters - **Two Modes**: Repainting and non-repainting modes ### ⚙️ Configuration Parameters: 1. **ZigZag Settings**: - Depth - reversal depth - Deviation - minimum deviation percentage - Backstep - backward step value 2. **Display Parameters**: - Line thickness - Bull/Bear colors - Show/hide labels - Toggle ЖЖ/ЖТ/ТЖ/ТТ markers - Transparency for lines and labels 3. **Operation Modes**: - Repainting mode (real-time updates) - ZigZag line extension option ### 🔔 Alert System: The indicator provides alerts for: - New ЖЖ/ЖТ/ТЖ/ТТ points formation - Direction changes (bull to bear or vice versa) - Trend reversals ### Advantages: - **Easy to Use**: Intuitive interface with Kazakh language settings - **Flexibility**: Adaptable to different market conditions - **Clarity**: Kazakh labeling convenient for local traders - **Versatility**: Works on all timeframes ## Usage Instructions ### Basic Usage: 1. **Trend Identification**: Monitor main trend through ZigZag lines 2. **Support/Resistance Levels**: Use extremum points as support and resistance levels 3. **Reversal Points**: Identify trend change points ### Recommended Settings: - **For volatile markets**: Depth = 12, Deviation = 5 - **For slow markets**: Depth = 20, Deviation = 8 - **To reduce whipsaws**: Backstep = 3 ## Important Notes ⚠️ **Key Considerations**: - The indicator may operate in repainting mode - False signals possible on lower timeframes - Adjust settings according to market conditions - Use with other indicators for major trading decisions ## Technical Details - **Author**: Based on Dev Lucem code, adapted to Kazakh language - **Language**: Pine Script v5 - **Interface Language**: Kazakh - **Required Libraries**: DevLucem/ZigLib/1 ---
Indicador Pine Script®
por nurbolat_jan
Alpha Beta Gamma with Volume# Alpha Beta Gamma with Volume ## Description **Alpha Beta Gamma with Volume** is an advanced technical analysis indicator that combines the Alpha-Beta-Gamma (ABG) oscillator with sophisticated volume analysis. This powerful tool helps traders identify market trends, momentum, and volume-based signals simultaneously. ## Key Features ### 📊 Alpha-Beta-Gamma Oscillator - **Alpha**: Measures the distance from the current price to the lowest price over the selected period - **Beta**: Calculates the price range (highest - lowest) over the selected period - **Gamma**: Normalized value showing the price position within the current range (0-1 scale) ### 📈 Advanced Price Configuration - Multiple timeframe analysis - Flexible price source selection (Open, High, Low, Close, or any average) - Customizable ABG calculation length ### 🔍 Smart Volume Analysis - Volume trend identification using moving averages - Three-tier volume classification: - **High Volume**: Volume ≥ 2x MA (Deep Blue Bull / Aqua Bear candles) - **Low Volume**: Volume ≤ 0.5x MA (Light Blue Bull / Light Yellow Bear candles) - **Strong Signal Volume**: Volume ≥ 1.5x MA (Violet Bull / Pink Bear candles) - Bull/Bear candle color coding based on volume strength ### 🎯 Custom Range Levels (0-1 Range Divided into 8 Parts) - 9 horizontal levels from 0 to 1 (each 1/8 apart) - Psychological support/resistance zones - Customizable line styles and labels - Perfect for grid trading, breakout strategies, and level analysis ### 📊 Real-time Data Table - Compact table displaying current ABG values - Percentage change calculations - Trend direction indicators - Customizable position and size ### 🎨 Visual Customization - Adjustable line styles (Solid, Dashed, Dotted) - Customizable label sizes and colors - Flexible transparency settings - Multiple display options for all elements ## Usage Instructions ### Basic Settings: 1. **Strike Price Settings**: Select your preferred timeframe and price type 2. **ABG Parameters**: Adjust length for sensitivity (default: 37) 3. **Volume Analysis**: Configure volume thresholds based on your trading style 4. **Visual Style**: Customize colors, line styles, and labels to your preference ### Trading Signals: - **Gamma Values**: - 0-0.5: Oversold/Buying zone - 0.5-1: Overbought/Selling zone - **Volume Confirmation**: Use volume colors to confirm trend strength - **Custom Levels**: Watch for price reactions at 1/8, 2/8, 4/8, 6/8, and 7/8 levels ### Recommended Configurations: - **Scalping**: Length = 20-30, enable Alpha-Beta logic - **Swing Trading**: Length = 40-50, use custom range levels - **Position Trading**: Length = 50-100, focus on volume signals ## Technical Details - **Version**: Pine Script v6 - **Author**: Nurbolat Zhan - **Interface Language**: Kazakh (fully translated) - **Required Components**: Built-in TradingView functions only ### Volume Thresholds Explained: 1. **High Volume** (≥ 2x MA): Significant institutional activity 2. **Low Volume** (≤ 0.5x MA): Consolidation or indecision periods 3. **Strong Signal** (≥ 1.5x MA): High-probability trade setups ## Important Notes ⚠️ **Disclaimer**: - This is a technical analysis tool, not financial advice - Always use proper risk management - Combine with other indicators for confirmation - Past performance doesn't guarantee future results 📈 **Best Practices**: 1. Use ABG for trend identification 2. Confirm with volume analysis 3. Watch for divergences between price and indicators 4. Use multiple timeframes for better context --- **Motto**: "Precision in analysis, confidence in execution!" *This indicator is specifically designed for traders who want to combine oscillator analysis with volume confirmation in a single, comprehensive tool.*
Indicador Pine Script®
por nurbolat_jan
REBOTE PRO EMA //@version=5 indicator(title="REBOTE PRO EMA", overlay=true) // === CONFIGURACIÓN === emaRapida = input.int(20, "EMA Rápida") emaLenta = input.int(50, "EMA Lenta (Tendencia)") rsiPeriodo = input.int(14, "RSI Periodo") // === CÁLCULOS === emaFast = ta.ema(close, emaRapida) emaSlow = ta.ema(close, emaLenta) rsiVal = ta.rsi(close, rsiPeriodo) // === CONDICIONES DE TENDENCIA === tendenciaAlcista = emaFast > emaSlow tendenciaBajista = emaFast < emaSlow // === CONDICIONES DE REBOTE === reboteBuy = tendenciaAlcista and low <= emaFast and close > emaFast and rsiVal > 40 reboteSell = tendenciaBajista and high >= emaFast and close < emaFast and rsiVal < 60 // === GRÁFICOS === plot(emaFast, color=color.orange, linewidth=2) plot(emaSlow, color=color.red, linewidth=2) // === SEÑALES === plotshape(reboteBuy, title="BUY", style=shape.triangleup, location=location.belowbar, color=color.lime, size=size.small) plotshape(reboteSell, title="SELL", style=shape.triangledown, location=location.abovebar, color=color.red, size=size.small)
Indicador Pine Script®
por maile1697
Gold Traders Shymkent# Gold Traders Shymkent ## Description **Gold Traders Shymkent** is a professional ZigZag indicator designed specifically for traders from Kazakhstan. Based on the classic ZigZag indicator logic from MT4 platform, it identifies key trend points in price movements and displays them visually. ## Key Features ### 🎯 Core Functions: - **ZigZag Analysis**: Identification of significant price highs and lows - **Kazakh Labeling**: ЖЖ (Higher High), ЖТ (Higher Low), ТЖ (Lower High), ТТ (Lower Low) labels in Kazakh language - **Flexible Settings**: Depth, Deviation, and Backstep parameters - **Two Modes**: Repainting and non-repainting modes ### ⚙️ Configuration Parameters: 1. **ZigZag Settings**: - Depth - reversal depth - Deviation - minimum deviation percentage - Backstep - backward step value 2. **Display Parameters**: - Line thickness - Bull/Bear colors - Show/hide labels - Toggle ЖЖ/ЖТ/ТЖ/ТТ markers - Transparency for lines and labels 3. **Operation Modes**: - Repainting mode (real-time updates) - ZigZag line extension option ### 🔔 Alert System: The indicator provides alerts for: - New ЖЖ/ЖТ/ТЖ/ТТ points formation - Direction changes (bull to bear or vice versa) - Trend reversals ### Advantages: - **Easy to Use**: Intuitive interface with Kazakh language settings - **Flexibility**: Adaptable to different market conditions - **Clarity**: Kazakh labeling convenient for local traders - **Versatility**: Works on all timeframes ## Usage Instructions ### Basic Usage: 1. **Trend Identification**: Monitor main trend through ZigZag lines 2. **Support/Resistance Levels**: Use extremum points as support and resistance levels 3. **Reversal Points**: Identify trend change points ### Recommended Settings: - **For volatile markets**: Depth = 12, Deviation = 5 - **For slow markets**: Depth = 20, Deviation = 8 - **To reduce whipsaws**: Backstep = 3 ## Important Notes ⚠️ **Key Considerations**: - The indicator may operate in repainting mode - False signals possible on lower timeframes - Adjust settings according to market conditions - Use with other indicators for major trading decisions ## Technical Details - **Author**: Based on Dev Lucem code, adapted to Kazakh language - **Language**: Pine Script v5 - **Interface Language**: Kazakh - **Required Libraries**: DevLucem/ZigLib/1 --- 📊 **Gold Traders Shymkent** - A professional analysis tool specifically developed for Kazakhstani traders. The indicator combines accuracy with ease of use to assist in market decision making. **Motto**: "Accuracy and reliability - the key to successful trading!"
Indicador Pine Script®
por nurbolat_jan