Começar

Padrões gráficos

Engulfing Bar Paradigm [Blaz]Version 1.0 – Published Jan 2026: Initial release 1. Overview & Purpose The Engulfing Bar Paradigm (EBP) is a multi-timeframe price-action tool built to help traders identify important engulfing candles on higher timeframes and use them to define daily market bias and structure. At its core, the indicator detects strong high-timeframe engulfing candles. These are candles where price takes one side of the previous candle’s range and closes beyond its body, suggesting a shift in control. When this happens, it provides a structural reference that traders use to interpret directional context, making these candles useful for setting bias rather than reacting to short-term noise. Once an EBP forms, the indicator automatically highlights and measures the key parts of that engulfing move. This helps traders understand how price is behaving after the displacement and how structure develops across lower timeframes. The indicator is designed to work across multiple asset classes and timeframes, allowing traders to align intraday price action with higher-timeframe intent. It does not provide buy or sell signals. Instead, it offers a structured way to read the market, build bias, and make more informed decisions based on price behaviour and context. 2. Core Functionality & Key Features The Engulfing Bar Play (EBP) is built around a mechanical and rule-based interpretation of engulfing price action, enhanced through multi-timeframe analysis and contextual structure mapping. 2.1. High-Timeframe Engulfing Detection The indicator monitors a user-selected higher timeframe and automatically identifies valid bullish and bearish engulfing candles. These engulfing moves represent strong participation and often mark areas where control shifts in the market. Each detected EBP acts as a reference point for bias and subsequent price interaction. 2.2. Directional Bias Control Users can choose to display bullish only, bearish only, or both types of setups. This helps traders stay aligned with their intended market bias and avoid distractions from opposing setups. 2.3. Engulfing Range Mapping Once an EBP forms, the indicator plots the full engulfing range and divides it into four equal sections (quartiles). These levels help traders understand how price interacts within the range and where reactions are more likely to occur. 2.4. Fair Value Gaps (FVGs) Inside the EBP The indicator detects Fair Value Gaps created during the engulfing move. These gaps highlight areas of imbalance where price may later react. Traders can choose whether to display mitigated and unmitigated gaps for cleaner analysis. 2.5. Expansion Projections Optional projection levels extend beyond the engulfing range, helping traders frame potential continuation or expansion once price moves away from the structure. These levels are intended to support expectations, not predictions. 2.6. Session Liquidity Integration EBPs can be filtered to appear only after session liquidity has been taken, allowing traders to focus on engulfing structures that occur after stop-runs or range sweeps. Multiple session windows are supported, with built-in checks to ensure logical use. 2.7. Advanced HTF Candle Visualisation To improve clarity, the indicator includes a higher-timeframe candle display, showing multiple HTF candles directly on the chart. This helps traders stay aware of where price is trading within the broader context. Displayed elements include: HTF candle bodies and wicks HTF open HTF Fair Value Gaps HTF Volume imbalances Chosen EBP timeframe label Clear time labels for orientation 2.8. Built-In Safeguards The indicator automatically validates timeframe relationships and session settings. If an invalid configuration is detected, features are disabled and a warning is shown, helping traders maintain clean and reliable analysis. 3. How to Use the Indicator 3.1. Select the Higher Timeframe Begin by choosing a higher timeframe for the EBP (such as Daily or 4H). This timeframe defines where the indicator will look for engulfing structures. The chosen timeframe should be equal to or higher than the chart timeframe. 3.2. Identify the Active Engulfing Structure When a valid engulfing structure forms on the selected higher timeframe, the indicator highlights the engulfing range on the chart. This structure becomes the reference point for understanding current market conditions and directional bias. 3.3. Establish a Bias Use the direction of the engulfing structure to frame bias for the session. A bullish engulfing structure suggests bullish intent, while a bearish structure suggests bearish intent. Bias filters can be used to display only the setups that align with your directional view. 3.4. Observe Price Interaction Within the Range As price develops on lower timeframes, observe how it interacts with the engulfing range, its internal levels and FVGs. This helps traders assess whether price is respecting the structure, consolidating, or expanding away from it. 3.5. Use HTF Context for Intraday Navigation The higher-timeframe candle display provides additional context by showing where current price sits relative to recent HTF opens, imbalances, and structure. This helps maintain alignment with the broader market narrative throughout the session. 3.6. Combine With Your Existing Execution Model The EBP indicator can complement your existing strategy or execution model. It provides context and structure, allowing traders to make decisions with higher-timeframe awareness rather than reacting to short-term price fluctuations. 4. Protected Logic & Original Design The Engulfing Bar Paradigm (EBP) is the result of original development and systematic engineering. While the concept of engulfing candles is widely known in technical analysis, the logic, structure, and implementation used in this indicator are original to this indicator’s design. This indicator does not rely on simple candlestick comparisons. Instead, it applies a rule-based, multi-timeframe framework that evaluates engulfing behaviour within a broader structural context. The way engulfing structures are detected, filtered, measured, and visualised—along with how internal ranges, imbalances, projections, and higher-timeframe elements are handled—reflects an original design approach developed specifically for this indicator. 5. Disclaimer This indicator is provided for educational and analytical purposes only. It does not constitute financial advice, investment recommendations, or trading signals. All trading and investment decisions remain solely the responsibility of the user. Trading financial instruments involves substantial risk of loss. Past performance of any trading methodology or indicator does not guarantee future results. Users should conduct their own research and consider consulting with qualified financial professionals before making trading decisions. The indicator's pattern detection is based on technical analysis principles and should be used as part of a comprehensive trading approach. No trading tool can guarantee profitable outcomes or eliminate market risk. By using this indicator, users acknowledge they understand these risks and accept full responsibility for their trading decisions and outcomes.
Indicador Pine Script®
por Blazarx
Multi-Doji Strategy IndicatorMulti-Doji Strategy Indicator – Trend-Aligned Doji Retest Analysis Overview The Multi-Doji Strategy Indicator is an original TradingView tool designed to systematically analyze Doji candles within a defined market context. The indicator identifies multiple Doji variations, maps their structural price levels, and monitors retests of those levels in alignment with the prevailing trend. Rather than treating Dojis as isolated reversal signals, the script focuses on Doji psychology, location, and follow-through. This approach allows traders to evaluate Doji-based continuation or reversal setups using repeatable, rule-based logic while maintaining a price-action–focused workflow. Doji Detection Logic The indicator detects four commonly used Doji types: Standard Doji Long-Legged Doji Dragonfly Doji Gravestone Doji Users can define acceptable body size and wick proportions, allowing the script to filter insignificant candles and adapt to different instruments and timeframes. For each validated Doji, the indicator: Highlights the candle body for immediate visual reference Projects upper and lower wick levels as potential reaction zones These levels represent areas where supply or demand was previously rejected. Trend Context To reduce counter-trend signals, the indicator includes multiple trend evaluation methods: Structural trend analysis based on swing highs and lows Moving-average slope analysis A hybrid mode requiring agreement between structure and moving averages Trend sensitivity, swing parameters, and moving-average settings are fully adjustable, allowing traders to control how strict trend qualification must be before signals are considered. Retest-Based Signal Logic Once a Doji is confirmed and aligned with trend context, the indicator monitors price for controlled retracements: In bullish conditions, it observes retests into the lower Doji wick zone In bearish conditions, it observes retests into the upper Doji wick zone When predefined retracement and validation conditions are met, the indicator marks the bar where the retest occurs. These signals are intended to highlight potential entry zones, not guaranteed outcomes. Customization and Alerts The indicator includes: Optional visual markers for retest events User-controlled colors, shapes, and visibility settings Alert conditions for Doji retest signals, allowing monitoring without constant chart observation Inputs are organized into logical sections for Doji detection, trend logic, and signal behavior to keep configuration clear and manageable. Intended Use The Multi-Doji Strategy Indicator is designed to support: Doji-based continuation and reversal analysis Trend-aligned trade filtering Structured price-action decision-making It is suitable for use across all major markets and timeframes, including stocks, forex, futures, and crypto. Disclaimer This indicator is intended for educational and analytical purposes only and does not constitute financial advice. Always apply proper risk management and confirm analysis with additional tools.
Indicador Pine Script®
por Lionsharetrader
Educational Market Structure & Trend Context🔍 Overview This time-limited indicator is designed for educational and analytical purposes only. It helps users visually study price structure behavior and trend context by marking key structural points on the chart and overlaying a trend reference line. The indicator does not generate trading signals, predictions, or recommendations. ⚙️ How the Indicator Works The script analyzes price action over a user-defined lookback period to identify local structural points: Higher Highs within the selected range Lower Lows within the selected range These points are plotted as simple visual markers to help users understand how price is evolving over time. In addition, a moving average is applied to provide broader trend context. 🟢 Green Markers (Structure Strength) Appear when price forms a local higher high within the lookback window Represent relative strength in price structure They are not buy signals and do not indicate future movement 🔴 Red Markers (Structure Weakness) Appear when price forms a local lower low within the lookback window Represent relative weakness in price structure They are not sell signals and do not indicate reversals ➖ Grey Line (Trend Context Line) This line is a moving average calculated over a fixed period It provides trend context only, helping users visually distinguish between upward and downward environments It does not act as support, resistance, or entry guidance 🎨 Background Shading (Optional Context) A subtle background color may appear depending on price position relative to the trend line This shading is purely visual context, not a signal or confirmation 🎯 Purpose & Benefits Helps users study market structure in a clean and simple way Encourages price-action awareness instead of signal dependency Supports manual analysis, learning, and chart reading skills Keeps the chart minimal, non-predictive, and professional ⚠️ Important Notes This indicator does not provide buy/sell signals No targets, stop levels, or profit expectations are included Past structure points do not predict future outcomes Users should apply their own analysis and risk management
Indicador Pine Script®
por Mentor_Michael03
Auto Channel DetectorChannel Detector — Automatic Price Channel Identification Channel Detector is an original TradingView indicator designed to systematically identify and visualize price channels using objective market structure logic. Instead of relying on manually drawn trendlines, the script analyzes structural swing highs and lows to detect sustained, parallel price movement and dynamically construct price channels as the market evolves. The indicator determines channel validity by confirming aligned swing points that define both an upper and lower boundary. Once a channel is established, it plots: A channel high based on validated swing resistance A channel low based on validated swing support A midline representing the statistical equilibrium of the channel This midpoint is useful for evaluating mean reversion, momentum continuation, and reaction zones within the channel. By continuously evaluating new price data, Channel Detector adapts to changing conditions and highlights both trending environments and controlled consolidations. Rising channels, falling channels, and horizontal structures are all detected using the same consistent logic, allowing traders to compare market behavior across different symbols and timeframes without subjective bias. How traders can use this indicator Identify structured trends and avoid trading against established channel direction Anticipate potential breakout areas when price approaches channel boundaries Use the midline as a dynamic area for pullbacks, reactions, or trade management Add objective structure to discretionary price-action analysis The indicator includes multiple customization options, allowing users to control line styles, colors, and visibility so the output remains clean and readable on any chart layout. Channel Detector is intended for traders who value clarity, repeatable structure, and rule-based interpretation of price movement rather than manually drawn or purely subjective channels.
Indicador Pine Script®
por Lionsharetrader
[TehThomas] - Order Blocks█ OVERVIEW This Order Blocks indicator identifies institutional-level support and resistance zones using fractal pattern recognition combined with Fair Value Gap (FVG) filtering. Order blocks represent areas where large institutional orders have been placed, creating significant price reactions when retested. This indicator uses a 5-bar fractal pattern to detect market structure breaks and highlights the last bearish or bullish candle before a strong impulse move. █ KEY FEATURES - Fractal-Based Detection: Uses 5-candle fractal patterns to identify key market structure highs and lows - FVG Filtering: Optional Fair Value Gap confirmation ensures order blocks are followed by true market imbalances - Automatic Mitigation: Order blocks are automatically removed when price breaks through them - Overlap Prevention: Prevents cluttered charts by avoiding overlapping order block zones - Customizable Display: Full control over colors, labels, line heights (body/wick), and maximum blocks shown - Dual Polarity: Detects both bullish (OB+) and bearish (OB-) order blocks independently █ HOW IT WORKS The indicator scans price action for fractal patterns where the middle candle forms a local extreme (highest high or lowest low among 5 bars). When price breaks above a fractal high or below a fractal low, the script identifies the last opposing candle in the impulse move as the order block. For bearish order blocks, it finds the highest bullish candle before a fractal low is broken, marking institutional selling pressure. For bullish order blocks, it locates the lowest bearish candle before a fractal high is breached, indicating institutional buying. When FVG filtering is enabled, the indicator confirms that a Fair Value Gap (a 3-candle imbalance where price leaves an unfilled gap) occurred within the specified distance from the order block. This combination increases the probability that institutional traders are present in these zones. █ SETTINGS Bullish Order Block Settings - Show/hide bullish order blocks - Customize fill color and border color - Toggle OB+ label display Bearish Order Block Settings - Show/hide bearish order blocks - Customize fill color and border color - Toggle OB- label display Label Settings - Label size: Tiny, Small, Normal, or Large - Label text color customization General Settings - Bars Back to Check (10-200): Lookback period for order block detection - Filter by FVG: Requires Fair Value Gap confirmation - Max Bars Between OB and FVG (1-6): Distance tolerance for FVG filtering - Line Height: Choose between Body or Wick for order block boundaries - Prevent Overlapping OBs: Avoids drawing overlapping zones - Max Order Blocks to Display (1-50): Limits active blocks on chart - Length of Boxes (10-100): Horizontal projection length █ HOW TO USE 1. Add the indicator to your TradingView chart 2. Configure settings based on your trading timeframe and style 3. Watch for OB+ labels (bullish order blocks) as potential support zones where price may bounce 4. Watch for OB- labels (bearish order blocks) as potential resistance zones where price may reverse 5. Wait for price retracement to the order block zone before taking entries 6. Use confirmation signals like volume spikes or reversal patterns at the order block 7. Place stop loss just outside the order block boundary to manage risk 8. Monitor mitigation: Order blocks disappear when price breaks through them completely █ TRADING STRATEGY EXAMPLES Bullish Order Block Strategy Wait for a market structure shift from bearish to bullish. When price creates a bullish impulse breaking a fractal high, identify the OB+ zone. Enter long positions when price retraces to test the bullish order block, placing stop loss 10-20 pips below the zone's low. Target previous highs or resistance levels. Bearish Order Block Strategy Monitor for market structure shift from bullish to bearish. After price creates a bearish impulse breaking a fractal low, locate the OB- zone. Enter short positions when price retraces to test the bearish order block, placing stop loss 10-20 pips above the zone's high. Target previous lows or support levels. FVG-Confirmed Entries Enable FVG filtering to only display order blocks validated by Fair Value Gaps. These aligned setups increase probability as they combine institutional order placement with market inefficiencies. Trade retracements to these high-confluence zones for better risk-reward ratios. █ IDEAL FOR - ICT Traders: Follows Inner Circle Trader methodology for institutional order flow - Smart Money Concepts: Tracks where large players place orders - Swing Traders: Identifies key support/resistance for multi-day holds - Price Action Traders: Pure chart-based approach without lagging indicators - Breakout Traders: Confirms structure breaks with fractal patterns - Forex, Crypto, and Stock Markets: Works on all liquid markets and timeframes █ TECHNICAL SPECIFICATIONS - Max Boxes: 500 - Max Labels: 500 - Detection Method: 5-bar fractal pattern recognition - Mitigation Logic: Automatic removal when price breaks order block boundaries - Time Projection: Uses time offset calculations for box extension - Array Management: Dynamic array cleanup to prevent memory issues █ NOTES & DISCLAIMERS - Order blocks work best when combined with overall market context and trend analysis - Not all order blocks result in price reversals; use proper risk management - FVG filtering may reduce the number of signals but increases quality - Fractal patterns require 5 bars to form, causing a 2-bar delay in detection - Works optimally on higher timeframes (4H, Daily) for institutional footprints - This indicator does not guarantee profitable trades; always use stop losses - Past performance of order blocks does not predict future results - Compatible with other ICT concepts like liquidity sweeps and market structure
Indicador Pine Script®
por TehThomas
8
EMA10/201️⃣ Trend filter is already TRUE Price above VWAP EMA10 > EMA20 EMA20 rising ➡ This stays TRUE for many candles in a strong uptrend. 2️⃣ Pullback condition is TRUE 1–3 red candles already happened Price is still near EMA20 ➡ This condition does not reset immediately. 3️⃣ Engulfing logic is the key problem Your current engulfing rule is roughly: Candle is green Closes above previous close Above EMA20 Now look at your chart: First green candle → BUY Next candle is also green, still above EMA20 → BUY again Next candle still satisfies all conditions → BUY again 📌 Result: 👉 BUY, BUY, BUY on consecutive candles That’s why you see 3 BUY labels together.
Indicador Pine Script®
por seo_writerzcenter
Gei-IndicatorFor trading and for fundaTradingView, combining three critical layers of market data into a single, high-level summary. Key Features: Fundamental Analysis: It pulls real-time financial data (P/E Ratio, Free Cash Flow, Revenue, EBIT, and Dividend Yield) to evaluate the company's health. It even includes a "Tech Mode" toggle to adjust valuation expectations for growth stocks. Technical Indicators: It monitors price momentum and trend direction using the RSI (14) and a Moving Average crossover (MA20/MA50). Market Benchmarking: It calculates and displays the Year-To-Date (YTD) performance of the SPY (S&P 500 ETF), allowing you to see at a glance if the current stock is outperforming the broader market. Dynamic UI: All data is neatly organized in a color-coded table (Green/Orange/Red) at the top-right of your chart, making it easy to perform a "quick health check" without leaving the main price action.mental analysis
Indicador Pine Script®
por gonzalovillela
Indicator PackThis indicator suite generates automated signals based on technical analysis, including price action, momentum, and volume behavior. It is designed to help traders interpret market conditions faster and more consistently through visual markers and a dashboard-style view. Signals are provided for informational and educational purposes only and should not be used as a standalone trading system. This script is not financial advice and not a buy/sell recommendation. Always confirm with your own analysis and risk management. You are solely responsible for all trading decisions and outcomes.
Indicador Pine Script®
por Vanthanh74
1
VSA Patterns & Liquidity SweepDescription: Overview This script creates a synergy between Volume Spread Analysis (VSA) and Institutional Liquidity concepts. The primary problem with standard VSA pattern detection is that high-volume rejection candles often appear randomly during strong trends, leading to false reversal signals. To solve this, this indicator combines a custom Liquidity Persistence Algorithm with Strict VSA Pattern Recognition. The logic dictates that a VSA Reversal pattern (like a Shakeout or Upthrust) is statistically significant only if it occurs immediately following a "Sweep" of a key structural pivot (Liquidity Zone). CONCEPTS & CALCULATIONS 1. The Liquidity Filter (Structure) Instead of using standard support/resistance, this script detects "Resting Liquidity" using Swing Highs and Swing Lows (ta.pivothigh / ta.pivotlow). Persistence Logic: A unique feature of this script is "Level Persistence." When price pierces a pivot level, the level does not disappear immediately. It remains active for a user-defined period (default 5 bars). This accounts for "Stop Hunts" or "Double Taps" where price lingers beyond a level before reversing. The Filter: The script records the timestamp of the last "Sweep" (when price breached a pivot). If a VSA pattern forms, the script calculates the delta between the Pattern Bar and the Last Sweep Bar. If the gap is within the tolerance threshold (e.g., 3 bars), the pattern is validated. 2. VSA Pattern Recognition (Volume & Shape) The script detects four specific VSA anomalies. These are not standard candlestick patterns; they are defined by rigid Volume and Wick-to-Body ratios: Shakeout (SO): Detects a "Smart Money" trap where price is driven down to trigger stops and then reversed. Logic: Requires rising volume (Vol > Vol > Vol ) + a massive lower wick (default >40% of range) + a small upper wick. Upthrust (UT): The bearish inverse of a Shakeout. Logic: High volume rejection of higher prices with a long upper wick (>40% of range). Two Bar Reversal (TBR): A reversal pattern that compares the current bar's close/low against the previous bar's high/close. Logic: Strict checks on Close > High (Bullish) combined with volume validation. Engulfing Volume Reversal (EVR): A custom variation of the engulfing candle. Logic: It requires the engulfing wick to exceed the body size by a ratio of 0.5 (configurable), ensuring the move is volatility-driven, not just a small candle engulfing a smaller candle. HOW TO USE Wait for Liquidity Lines: The script automatically plots Red (Resistance) and Teal (Support) lines from pivots. Watch for Sweeps: Wait for price to trade through these lines (the line will turn dashed or fade, indicating a sweep). Pattern Confirmation: Diamonds (SO/UT): Indicate high-volatility rejections. Triangles (TBR): Indicate immediate structure shifts. Squares (EVR): Indicate volume-backed engulfing moves. Alerts: The script includes a "Preview" mode for live trading but alerts are hard-coded to fire only on Bar Close to prevent repainting/false signals. SETTINGS Candle Shape: Users can relax or tighten the definition of a "Long Wick" (default 40%) to fit different asset volatilities (e.g., Crypto vs. Forex). Liquidity Persistence: Adjust how long a level remains "active" after being broken. Liquidity Filter On/Off: Traders can disable the filter to see raw VSA patterns for backtesting purposes.
Indicador Pine Script®
por Zeeshan_Miran
Neeson Mayer MultipleIntegrating the Mayer Multiple Indicator: A Practical Guide for Market Analysis Introduction The Mayer Multiple indicator is a specialized tool designed to assess asset valuations relative to their long-term historical trends. By comparing current price action against a long-term simple moving average, this indicator provides a quantitative framework for identifying potential overbought and oversold conditions. This article explains the rationale behind its design, operational mechanics, practical applications, and unique value proposition. Purpose and Functionality The primary function of the Mayer Multiple indicator is to measure how far current prices deviate from a long-term moving average, expressed as a ratio. This measurement helps traders and investors identify: Extreme valuation levels that may signal potential reversal points Long-term trend strength and sustainability Market psychology shifts between fear and greed cycles Originally popularized in Bitcoin analysis, the indicator's principles apply to any volatile asset class where mean reversion tendencies exist alongside strong trend characteristics. Operational Principles The indicator operates through several interconnected components: Core Calculation Mechanism At its heart, the indicator calculates the Mayer Multiple by dividing the current closing price by a configurable simple moving average (default: 200 periods). This ratio represents how many times the current price exceeds its long-term average, providing an immediate visual reference for valuation extremes. Multi-Level Threshold System Four configurable thresholds create distinct market condition zones: Optimal Buy Zone (default: 0.7) - Historically extreme undervaluation Undervalued Zone (default: 1.0) - Moderate undervaluation Overvalued Zone (default: 2.4) - Moderate overvaluation Optimal Sell Zone (default: 3.5) - Historically extreme overvaluation These thresholds create a graduated scale of market conditions rather than binary signals. Visual Signal Hierarchy A sophisticated color-coding system prioritizes different signal types based on their significance: White/Gray: Neutral territory (between undervalued and overvalued thresholds) Aqua: Entering undervalued territory (potential accumulation zone) White: Reaching optimal buying conditions (historically rare opportunities) Yellow: Entering overvalued territory (potential distribution zone) Orange: Reaching optimal selling conditions (historically rare extremes) Green: Emerging from optimal buying conditions (momentum shift confirmation) Red: Retreating from optimal selling conditions (momentum reversal confirmation) This hierarchy helps users distinguish between entry signals, exit signals, and confirmation signals. Integration Rationale The integration of these components follows a logical progression: Mathematical Foundation The moving average provides a stable reference point that filters out short-term noise while maintaining sensitivity to long-term trend changes. The ratio format normalizes values across different price levels and timeframes, enabling cross-asset comparisons. Behavioral Finance Alignment The threshold system corresponds to documented market psychology patterns. The extreme thresholds (optimal buy/sell) represent points where fear or greed typically reach maximum intensity, while the moderate thresholds represent early warning levels. Progressive Signal Detection The indicator tracks both threshold breaches and retreats from extreme zones. This dual-tracking approach captures not only when conditions become extreme but also when they begin to normalize—often the most actionable moments for position adjustments. Component Synergy The indicator's components work together through a continuous feedback loop: Calculation Engine: Continuously computes the core ratio, serving as the foundation for all subsequent analysis. Threshold Comparator: Compares the current ratio against user-defined thresholds, categorizing market conditions in real-time. Signal Generator: Identifies specific events (threshold crossings, zone entries/exits) and assigns appropriate visual representations. Visual Renderer: Displays the information through colored histograms, reference lines, and data tables, creating an intuitive interface. Alert System: Monitors for predefined conditions and notifies users of significant developments without requiring constant screen monitoring. This integrated approach transforms raw price data into structured, actionable information while maintaining mathematical rigor and visual clarity. Practical Application Guidelines Parameter Customization Users should adjust parameters based on: Asset volatility (higher volatility assets may require wider thresholds) Timeframe (longer timeframes may benefit from longer moving averages) Personal risk tolerance (conservative traders may use tighter thresholds) Signal Interpretation Framework Zone-Based Analysis: Focus on which zone the indicator occupies rather than chasing individual data points Confirmation Seeking: Use extreme zone signals (white/orange) as alerts for further analysis rather than automatic trade triggers Momentum Assessment: Observe how quickly the indicator moves between zones as a measure of trend strength Complementary Tools The Mayer Multiple works best when combined with: Volume analysis to confirm participation during extreme readings Momentum indicators to identify potential divergence Support/resistance levels for precise entry/exit timing Fundamental analysis for context validation Distinctive Attributes Original Implementation Features Progressive Color System: Unlike binary indicators, this implementation provides graduated signals through a carefully prioritized color hierarchy. Dual-Signal Detection: The indicator captures both threshold breaches and retreats, offering insights into momentum shifts rather than just static levels. Contextual Display: The integrated data table provides immediate access to key metrics without cluttering the chart space. Customizable Framework: All thresholds and calculation periods are adjustable, allowing adaptation to different market regimes and trading styles. Practical Innovation The indicator's design emphasizes usability through: Immediate visual comprehension via color coding Clear separation between alert conditions and confirmation signals Balanced information density (sufficient data without overload) Flexible integration with existing trading workflows Responsible Usage Considerations Empirical Perspective Historical analysis suggests that assets frequently revert toward their long-term moving averages, but the timing and extent of such reversions vary significantly. The indicator identifies statistical extremes rather than predicting immediate price movements. Risk Management Integration Users should: Treat extreme readings as risk management triggers rather than directional forecasts Consider position sizing based on distance from the moving average Implement stop-loss strategies regardless of indicator readings Avoid allocating excessive weight to any single indicator Performance Realism The indicator does not guarantee profitable outcomes. Its value lies in providing structured information about valuation extremes, which must be interpreted within broader market context and individual risk parameters. Conclusion The Mayer Multiple indicator represents a thoughtfully integrated approach to long-term valuation analysis. By combining mathematical rigor with behavioral insights and practical visualization, it provides traders with a structured framework for assessing market extremes. Its modular design allows customization while maintaining core analytical integrity, and its emphasis on graduated signals helps avoid the oversimplification common in technical indicators. When used as part of a comprehensive trading methodology with appropriate risk management, it can contribute valuable perspective to the decision-making process.
Indicador Pine Script®
por neeson1987
Intraday Session BehaviorThis indicator was built to study how price behaves throughout the trading day, from pre-London session to the New York close. The goal was simple: identify recurring intraday tendencies, reversals, and consolidation phases based on time, not indicators. I created this script to visually segment key intraday windows and then ran 100 manual backtests to observe where price most frequently shifts direction or changes behavior. Key observation: Across multiple samples, 8:00 AM NY time showed the highest frequency of reversals, often aligning with positioning ahead of the New York open. This tool is not a signal generator. It’s designed for context, study, and confluence — especially for traders focused on session-based trading, liquidity behavior, and intraday structure. Use it as a framework to: Study session transitions Refine time-based playbooks Combine with your own strategy, structure, and risk management Built the old-school way: observe, test, repeat.
Indicador Pine Script®
por FunkyTown_Bytes
CRT Dashboard Scanner | Daily or Weekly CRT CRT Dashboard Scanner — D1/W1 CRT (OANDA) This indicator is a simple scanner dashboard that checks a predefined list of OANDA FX pairs and displays only the pairs where a CRT candle has formed on the selected higher timeframe. What it shows A clean table dashboard with: Symbol CRT direction ↑ Bullish CRT (CRT LOW) ↓ Bearish CRT (CRT HIGH) Core logic (no repaint) The scan is based on your CRT candle definition. It uses only the last closed candle of the selected timeframe (confirmed HTF data), so the dashboard does not repaint. Timeframe selection (D1 or W1) — why they are separated Daily and Weekly CRT signals represent different market context: D1 CRT is more frequent and useful for short-to-medium term opportunities. W1 CRT is slower, more selective, and often reflects higher-level directional context. They are separated because scanning both at the same time across many symbols would require significantly more data requests and would hit TradingView’s performance limits. Keeping the scan to one HTF at a time ensures: faster loading stable performance clean, readable results How to use Select Scan timeframe: D1 or W1 Watch the table for symbols that print a CRT candle Open the chart of the symbol and apply your trading plan / confirmation process Want alerts and multi-timeframe confluence? This scanner is intentionally lightweight and dashboard-focused. For more features, alerts, and multi-timeframe bias confluence, check my other indicator: Smart Bias Toolkit.
Indicador Pine Script®
por gregorjanezic
[COG] Platypus Platypus Overview Platypus is a volume momentum indicator that combines price action, volume analysis, and multi-timeframe confirmation to generate trade signals. Unlike traditional volume indicators, Platypus reconstructs volume momentum by factoring in price velocity, volatility adjustment, and market structure to identify true institutional momentum shifts. The indicator features a comprehensive filtering system including EMA alignment, background state confirmation, and optional multi-timeframe filters to eliminate false signals and ensure you only trade with the strongest momentum. Key Features ✅ Volume Momentum Calculation Volatility-Adjusted Volume: Normalizes volume relative to recent volatility periods Quiet Market Filtering: Reduces noise during low-activity periods Spike Detection: Identifies abnormal volume surges with boosted weighting Momentum Smoothing: EMA-based smoothing prevents erratic signals ✅ Entry Pattern Detection 3-Bar Pattern Requirement: RED → GREEN → GREEN for buys (opposite for sells) State Management: Prevents consecutive signals in same direction without reset Background Confirmation: Must align with bullish/bearish market state EMA Alignment Filter: Ensures trend structure supports the trade direction ✅ Multi-Timeframe Filtering System HTF Closed Bar Filter: Confirms last closed higher timeframe bar matches direction (no repaint) HTF Momentum Filter: Requires current HTF bar to match direction (live, prevents delayed entries) Dual-Filter Capability: Use both filters for maximum precision ✅ Dashboard Real-time Status Monitoring: Volume trend, background state, EMA order, trade state Filter Status Display: Shows HTF filter conditions and signal permission Pattern Detection: Indicates when 3-bar entry pattern is forming ✅ On-Chart Integration 50/100/200 EMAs: Automatically plotted on price chart with customizable colors Visual Entry Markers: Triangle signals appear on price chart at entry points Signal Alerts: Built-in alert conditions for all signal types 📚 Core Settings Explained signalPeriod = input.int(8, "Signal Period", minval=1, group="Core Settings") Signal Period (Default: 8): Controls the smoothing of the signal line (blue line). Lower values = more responsive, higher values = smoother but slower to react. volatilityPeriod = input.int(20, "Volatility Period", minval=1, group="Core Settings") Volatility Period (Default: 20): Lookback period for volume and price range calculations. This period is used to normalize volume relative to recent market conditions. priceFilterLength = input.int(200, "Price Filter MA Length", minval=1, group="Core Settings") Price Filter MA Length (Default: 200): The SMA period used for background state determination. Price must be above this MA for bullish background, below for bearish background. Advanced Settings momentumMultiplier = input.float(50.0, "Momentum Multiplier", minval=20.0, maxval=80.0, step=2.0, group="Advanced") Momentum Multiplier (Default: 50.0): Scales the final momentum score. Higher values = larger histogram bars and more sensitivity. Adjust based on your instrument's volatility. momentumSmoothing = input.int(4, "Momentum Smoothing", minval=1, maxval=15, group="Advanced") Momentum Smoothing (Default: 4): EMA period applied to raw momentum before normalization. Higher values reduce noise but add lag. quietThreshold = input.float(0.3, "Quiet Market Filter", minval=0.0, maxval=1.0, step=0.05, group="Advanced") Quiet Market Filter (Default: 0.3): During low-volume periods, this applies exponential dampening to momentum. Higher values = more aggressive filtering of weak moves. volStrengthFactor = volRatio < (1.0 + quietThreshold) ? math.pow(volRatio, 2) : volRatio When volume is less than average + threshold, it squares the ratio (dampening), otherwise uses linear scaling.
Indicador Pine Script®
por CognitiveAlpha
2
RMA vs EMA Comparison ToolIf you're looking for a quick entry point to follow a trend, it's best to look at the EMA. If you need confirmation of a long-term trend change or are working with oscillators (like the RSI), use the RMA. What to look for on the chart: Reaction speed: You'll notice that the EMA (red line) adheres much more closely to the price. It reacts more quickly to sharp reversals or impulses. Smoothness: The RMA (blue line) appears smoother and "lazier." It changes direction more slowly, which helps filter out false signals (noise), but allows for a slightly later entry into a trade. Distance: During periods of strong trending, the RMA is usually further from the price than the EMA of the same period.
Indicador Pine Script®
por jim4il
Mister Blueprint Pro Release v1.24 [ChartWhizzperer]Mister Blueprint Pro® — Initial Release v1.24 Clean direction. Precise entries. Disciplined execution. Built for lower timeframes & Range Charts (50R, 100R & 200R) Badges: Indices • FX • high-liquidity assets | Webhook-ready (PineConnector-compatible) | Multilingual (EN/DE/ES/FR/JA/ZH/AR/KO/RU/VI/HI/TR) ──────────────────────────────────────── What it is — and what it does ──────────────────────────────────────── Mister Blueprint Pro® is a modular execution framework engineered for high-liquidity assets and active market phases. Designed for lower timeframes and Range Charts, it helps you separate clean participation from low-quality conditions — and translates decisions into clear, automation-ready signals. No clutter. No confusion. Just a focused toolkit for structure, timing, and execution. ──────────────────────────────────────── Modules (what they do) ──────────────────────────────────────── 1) DynamicRange-Trendcloud Defines the active trading direction and provides a clean structure layer to stay aligned with the dominant move. Helps reduce “signal vs. structure” conflicts by keeping entries tied to market context. 2) Smart Stacking Enables controlled position building with strict quality focus. Adds exposure only when conditions justify it — with safeguards that prevent repeated or noisy add-ons. Built to prioritise the single best moment instead of chasing frequency. 3) Momentum Engine (optional) Adds an additional participation layer for active phases when price expands and momentum is present. Includes a selectable trading profile (aggressive / balanced) to match your execution style. Optional candle colouring provides fast visual feedback for momentum states. 4) Neutral Candle Filter (optional) Prevents entries during neutral / indecisive momentum phases. Keeps you selective on lower timeframes by waiting for a clearer participation state before executing. 5) Session Filter Plus (optional) Lets you define trading sessions and keeps execution disciplined by restricting signals to your active windows. Provides background session shading for instant orientation. When a session is OFF, alerts/webhooks stay silent. 6) Support & Resistance Level (visual module) Plots clean, dynamic support/resistance zones derived from live price structure. Helps map key areas for decision-making and trade management without overwhelming the chart. 7) Close-All + Global Kill Switch Provides dedicated Close-All signals for long and short. Prefer manual exits? The Global Kill Switch disables all Close-All output instantly, so you keep full exit control. 8) Multilingual Interface Human-facing labels available in: EN / DE / ES / FR / JA / ZH / AR / KO / RU / VI / HI / TR ──────────────────────────────────────── Real-time signals & webhook automation ──────────────────────────────────────── Mister Blueprint Pro® emits real-time signals via TradingView alerts and webhook interfaces. The production API is intentionally minimal for clean automation workflows: • Mister Blueprint Buy → OPEN_LONG • Mister Blueprint Sell → OPEN_SHORT • Mister Blueprint Close All (Long) → CLOSE_LONG • Mister Blueprint Close All (Short) → CLOSE_SHORT These signals can be routed directly through a webhook endpoint (e.g., PineConnector) for execution, logging, or monitoring. ──────────────────────────────────────── Who it’s for ──────────────────────────────────────── Built for traders who operate in high-liquidity markets and active phases — and who need a framework that stays clean, fast, and automation-ready on lower timeframes and Range Charts. If you value context-first execution, disciplined scaling, and webhook signals that don’t get in your way, this is for you. ──────────────────────────────────────── Quick start (recommended) ──────────────────────────────────────── • Use lower timeframes and/or Range Charts (50R, 100R, 200R or higher). • Start with DynamicRange-Trendcloud as the backbone. • Add Smart Stacking for controlled scaling. • Enable Momentum Engine when you want extra participation in active phases. • Use Neutral Candle Filter for stricter selectivity. • Activate Session Filter Plus to limit signals to your trading windows. • Prefer manual exits? Switch on the Global Kill Switch. ──────────────────────────────────────── Note ──────────────────────────────────────── No hype. No holy grails. A precise execution framework for structure, timing, and participation — built for markets that move. MISTER BLUEPRINT PRO® is a registered European Union trade mark (EUTM No. 019205166). Invite-only distribution This script is offered exclusively by invitation to protect independently developed methods, reduce unauthorised redistribution, and ensure controlled onboarding, support, and quality assurance. Disclaimer Signals and alerts are provided for informational purposes only and do not constitute financial advice or a recommendation to buy or sell. Trading involves substantial risk and may result in the total loss of capital. Execution via third-party tools may differ from alerts. Past performance is not indicative of future results.
Indicador Pine Script®
por ChartWhizzperer
EMA20 and 10 PullbackStrategy Logic Uses EMA 10, EMA 20, and VWAP for trend filtering Identifies strong bullish and bearish trends Waits for controlled pullbacks (1–3 candles) near EMA20 Triggers entries only on engulfing confirmation candles Generates BUY signals in uptrends and SELL signals in downtrends Key Features Works best on NIFTY and liquid stocks Avoids sideways markets by using EMA alignment + VWAP Non-repainting, rule-based logic Suitable for manual trading or alert-based automation Alerts compatible with webhooks (n8n / Google Sheets) Recommended Usage Timeframe: 5-minute Market: Trending sessions Stop-loss: Below EMA20 or engulfing candle Target: 1:1.5 – 1:2 R:R or EMA10 trailing
Indicador Pine Script®
por seo_writerzcenter
Break & Retest 369Break & Retest 369 The Break & Retest 369 is a high-precision technical indicator designed for price action traders who specialize in market structure shifts and "S/R Flip" (Support becoming Resistance and vice versa) strategies. Unlike standard oscillators that lag behind price, this tool focuses on **horizontal price levels** that have historically acted as turning points, providing visual zones where the market is likely to offer a "second chance" entry. Core Philosophy The script is built on the principle of Market Memory. In a trending market, a "Breakout" signifies a change in order flow. However, smart money often returns to the point of origin (the breakout level) to fill remaining orders or test the strength of the new trend. This indicator automates the identification of these "Retest" zones, which are often the highest-probability entry points for trend continuation. How It Works: The Logic The indicator follows a strict, multi-step calculation process: 1. Swing Point Identification: It utilizes a Pivot High/Low** algorithm. It scans for "peaks" and "valleys" that are isolated by a specific number of bars on either side (defined by the `Lookback` input). 2. **Breakout Detection:** The script monitors these pivot levels. A **Buy Zone** is triggered only when the price achieves a clean **Close** above a previous Pivot High. Conversely, a **Sell Zone** is triggered by a **Close** below a previous Pivot Low. 3. **Zone Construction:** Once a break is confirmed, the script draws a box centered exactly at the price level of the broken pivot. 4. **Forward Projection:** These zones are projected forward in time using the `Zone Extension` parameter, creating a visual "landing strip" for future price action. ### Key Features & How to Use It * **Dynamic Support/Resistance Flips:** Green zones represent former resistance levels that are now expected to act as support. Red zones represent former support levels now expected to act as resistance. * **Zone Customization:** Traders can adjust the `Zone Height (Ticks)` to account for market volatility or specific asset spreads (e.g., wider zones for XAUUSD, tighter for EURUSD). * **Scannability:** The script helps traders filter out the "noise" of mid-range price movement and focus only on significant structural levels. ### Default Configuration To get the most out of the **369** logic, the indicator comes pre-configured with the following defaults: * **Swing Detection Lookback (18):** Optimized for medium-term structure, avoiding "micro-pivots" that lead to false signals. * **Zone Height (1 Tick):** Focuses on the precise price point of the pivot for maximum accuracy. * **Zone Extension (90 Bars):** Projects levels far enough to catch "deep" retests that occur several hours or days later. --- ### Pro Tip for Traders Wait for price to return to a **Buy Zone** and look for a bullish rejection candle (like a pin bar or engulfing candle) before entering. This combines the "Where" (the zone) with the "When" (the price action confirmation) for a robust trading system. Would you like me to add a **"Mitigation"** feature that automatically deletes or fades the zone once the price has successfully touched it?
Indicador Pine Script®
por Niko-picasso369
Celestial StateCelestial State (C1) – Market Bias & Candle Intent Celestial State (C1) is a price-action indicator designed to clarify market bias, momentum, and risk conditions using nothing but candle structure. No indicators. No lag. Just clean candle logic. The tool separates state (what the market is) from intent (what the market is doing right now). 🔹 Core Concept The indicator works on the chart timeframe and uses closed candles only to define market state. It then monitors the current candle to identify: momentum confirmation early warnings potential trap / reversal behaviour 🔹 Market State (Based on C1 – last closed candle) State is derived from the relationship between the last two closed candles: Bull Trend Start Bearish candle → Bullish candle Bull Continuation Bullish candle → Bullish candle Bear Trend Start Bullish candle → Bearish candle Bear Continuation Bearish candle → Bearish candle This defines the directional environment before any decision is made. 🔹 Bias & Momentum (Live Candle) Once state is defined, the current candle is monitored relative to the previous candle’s high and low. Strong Buy Bullish state Previous candle bullish Current candle breaks previous high Strong Sell Bearish state Previous candle bearish Current candle breaks previous low These represent momentum continuation with confirmation. Buy / Sell (Normal Bias) Price is in a bullish or bearish state No momentum break yet This is directional bias without confirmation. Changing Bias Bullish state + previous low broken Bearish state + previous high broken This warns that control is being challenged and conditions may be shifting. 🔹 Flip (Strict Order) A Flip is a high-risk condition where expansion fails: Bull Flip Current candle breaks previous high first, then breaks previous low Bear Flip Current candle breaks previous low first, then breaks previous high This often signals: failed breakouts stop hunts transition zones 🔹 Visual Output Top-right panel shows: Current Celestial State (C1) Current Bias (Strong Buy / Sell / Changing Bias) Short explanation (e.g. High broken, Low broken) On-chart markers are intentionally minimal and offset away from price to reduce clutter. 🔹 Who This Is For This indicator is built for traders who: trade price action want context before execution prefer clarity over complexity understand that bias ≠ entry ⚠️ Disclaimer This tool does not provide entries, exits, or risk management. It is a context and intent framework, not a signal system. Use it as a decision-support layer alongside your own execution rules.
Indicador Pine Script®
por thecelestialtrader
JBCs Liquidity Vacuum ProJBC's Liquidity Vacuum Pro – The map of institutional liquidity IMPORTANT NOTE ON RISK MANAGEMENT: Before opening a position in a liquidity zone, we strongly recommend using our JBC's Volatility Projection Cone. The Liquidity Vacuum Pro shows you where the market may react, but only the Volatility Projection Cone validates whether this reaction is within a statistically sound range or whether the risk for your account is currently too high. Why JBC's Liquidity Vacuum Pro? JBC's Liquidity Vacuum Pro is a highly professional precision tool designed to visualize the invisible traces of the “big players” in the market. While conventional support and resistance indicators merely connect old price highs, our proprietary algorithm uses a complex analysis of price inefficiencies and volatility vacuums. Read the market like an open book: The indicator identifies zones where the price has left “holes” in liquidity. These vacuums act like magnets on the price. In internal evaluations, we were able to show that price reactions in these zones are on average 60% more powerful and precise than in classic, manually drawn lines. The indicator is suitable for all financial instruments, but has been specifically optimized for the algorithmic order flow patterns of the forex market to separate genuine institutional zones from ordinary market noise. Advantages of JBC's Liquidity Vacuum Pro Automated detection of liquidity vacuums The algorithm continuously scans the market for inefficiencies. It automatically marks bullish and bearish vacuums on the chart, so you never have to wonder where the next big orders are. Smart mitigation logic Unique to JBC's Liquidity Vacuum Pro is its ability to recognize when a zone is “consumed” (mitigated). Once the price has filled a vacuum by a certain percentage, the zone adjusts or disappears. This prevents you from trading outdated levels that no longer have any power. Adaptation to any time frame Whether M1 or Daily, the integrated “Auto Timeframe Settings” function automatically adjusts the sensitivity of the vacuum detection to the selected time unit. You get precise scalping zones on M1 and major institutional turning points on H4. Future projection for strategic planning The indicator projects the vacuums into the future (Future Projection) so that you can place your take-profit targets exactly where the market will next need to replenish liquidity. Who is this indicator suitable for? ● The ambitious beginner: You want to stop entering at random points on the chart and instead trade where the pros have their orders. ● The professional price action trader: You need a tool that calculates supply & demand zones objectively and without human error. ● The forex specialist: You know that the foreign exchange market is driven by liquidity and need a “roadmap” for your daily sessions. ● The institutional trader: For anyone who understands that price always moves from one liquidity pool to the next. The professional ecosystem (Extensions) Liquidity Vacuum Pro is your map, but for a safe journey you need the entire JBC system: 1. JBC's Hybrid Trend-Persistent Kalman (HTPK): Use HTPK to determine the trend and Liquidity Vacuum Pro to find the targets (vacuum) within that trend. 2. JBC's Adaptive Stochastic: Timing is everything. Wait for a stochastic signal just as the price enters a “liquidity vacuum.” 3. JBC's Volatility Projection Cone: Use the cone for mathematical risk management at each liquidity zone. Basic functional concepts ● Inefficiency analysis: Identification of price ranges with low trading volume that must be filled later (Fair Value Gaps (FVG)). ● Dynamic mitigation: Zones are devalued as soon as the price has passed through them sufficiently (threshold logic). ● Visual excellence: Clear boxes with customizable transparency and labels that do not clutter the chart. ● No repainting: Once detected, vacuums are historically correct and serve for seamless analysis. Indicator Settings ● Use Auto Settings: Activates intelligent time unit adjustment. ● Min Vacuum Size %: Controls how large an inefficiency must be to be considered a vacuum. ● Mitigation Threshold: Determines the percentage of filling at which a zone is considered “done.” ● Box Transparency: Customize the design to perfectly match your template. RISK NOTICE & DISCLAIMER (IMPORTANT) No trading recommendation: All data generated by the indicator is for educational purposes only. This is not investment advice. All trading is at your own risk. Disclaimer: We accept no liability for losses. Losses are normal in trading. Only trade with capital that you can afford to lose entirely. Not designed as a standalone system: This indicator is an analysis tool and must be combined with a strategy and strict risk management. CFTC RULE 4.41 – Hypothetical Performance: Hypothetical results have limitations. Simulated results do not correspond to actual trading. Backtest results are no guarantee of future profits. “Backtest performances don't matter” – Success in liquidity zones requires discipline and experience in the live market.
Indicador Pine Script®
por JBC-Academy
Tom Hougaards Overnight Range by exp3rtsThis indicator visualizes the School Run concept popularized by Tom Hougaard. It draws a session range box that continuously expands to include the highest high and lowest low formed during a user-defined time window. The box starts exactly at the session open and dynamically updates as new candles print, capturing the full pre-move accumulation range. Once the session ends, the box remains fixed, providing a clear reference for liquidity runs, stop hunts, and directional expansion. Key features: Session-based logic using TradingView’s native session handling (works correctly across midnight) Dynamic high/low tracking throughout the session Clean, minimal visual representation of the accumulation range Ideal for identifying School Runs, liquidity sweeps, and bias formation How to use it: If the price goes above the range (on the second 15min candle) after RTH opening, chances are high that price will continue going higher. If the price goes below the range (on the second 15min candle) after RTH opening, chances are high that the price will continue going lower. Best for Indices.
Indicador Pine Script®
por exp3rts
Three Green Candles Screener - % Move & Volume1️⃣ Core purpose (big picture) The indicator identifies stocks that: Have 2 or 3 consecutive green candles Are above a 21-EMA (trend filter) Have reasonable % price movement (not overextended) Show current volume, average volume, and turnover Show daily and weekly % price change It’s meant for short-term momentum screening (swing / positional / breakout prep). 2️⃣ Trend filter (EMA) ema21 = ta.ema(close, emaLength) Uses a 21-period EMA All buy signals require price > EMA This avoids counter-trend setups 3️⃣ Three Green Candles logic (main signal) threeGreen = (close > open) and (close > open ) and (close > open ) This checks for three consecutive bullish candles. Then it calculates: % change for each candle (open → close) Average % change across the 3 candles avgChg = (chg0 + chg1 + chg2) / 3 ✅ 3-Green signal triggers when: 3 consecutive green candles Average % change ≤ user-defined max (default 10%) Price above EMA21 ➡ Output: signal = 1 // Buy flag signal = 0 // No action This avoids parabolic / news-spike candles. 4️⃣ Two Green Candles logic (early signal) This is a lighter, earlier version of the same logic. twoGreen = (close > open) and (close > open ) avgChg2 = (chg0 + chg1) / 2 ✅ 2-Green signal triggers when: 2 consecutive green candles Average % change ≤ maxAvgChange Price above EMA21 ➡ Output: signal2 = 1 // Early momentum This helps catch moves one day earlier than the 3-green setup. 5️⃣ Volume & liquidity context (important) Average volume (7 days) avgVol7 = ta.sma(volume, 7) / 1e6 Shows liquidity trend Units: Millions of shares Today’s volume todayVol = volume / 1e6 Helps confirm participation 6️⃣ Turnover (Price × Volume) priceVolCrore = (close * volume) / 1e7 Measures capital flow, not just volume Output in ₹ Crores Helps filter: Low-value pump candles Illiquid stocks 7️⃣ % price movement Daily move pctDay = (close - close ) / close * 100 Weekly move (5 bars) pctWeek = (close - close ) / close * 100 These give context, not signals: Is this early? Is it already extended? 8️⃣ Visual outputs (what you see) Plots (in the indicator pane) CMP (current price) 3-Green signal (0 / 1) 2-Green signal (0 / 1) Avg 7-day volume (M) Today’s volume (M) Turnover (₹ Cr) Day % move Week % move This makes it usable as a visual screener. 9️⃣ Summary table (top-right) On the latest bar only, it shows: Field Meaning CMP Current price Today Vol (M) Today’s volume Turnover (Cr) Value traded Day / Week % Momentum context Compact, readable, no clutter. 10️⃣ What this indicator is GOOD for ✅ Momentum stock screening ✅ Swing / positional setups ✅ Avoiding overextended candles ✅ Liquidity & capital flow validation ✅ Manual decision support 11️⃣ What it does NOT do ❌ No auto buy/sell ❌ No stop-loss or targets ❌ No relative strength vs index ❌ No intraday scalping logic TL;DR (one-liner) This indicator finds stocks in a healthy uptrend with 2–3 controlled bullish candles, confirms them with EMA and volume/turnover, and presents all key momentum metrics in one clean view.
Indicador Pine Script®
por ahamed_thanzeer