DaringBull Arvind MACD GAPS MA CrossoverTo generate buy and sell signals based on a combination of MACD crossover events and histogram behavior, particularly around the zero line. This is used to identify early momentum reversals for entry and exit points in the market.
📐 MACD Setup
Uses customizable MACD parameters (defaults: Fast = 12, Slow = 26, Signal = 9).
Calculates:
MACD Line
Signal Line
Histogram (difference between MACD and Signal)
✅ Buy Conditions
A buy signal is plotted when all three of the following occur:
MACD Line crosses above Signal Line (bullish crossover).
MACD Line is still below or near the zero line (< 0.05) – indicates early reversal from a bearish zone.
First green histogram bar appears (current bar is > 0 and previous was ≤ 0) – confirming momentum shift.
➡️ When these align, a blue circle is plotted below the price bar.
❌ Sell Conditions
A sell signal is plotted when all three of the following occur:
MACD Line crosses below Signal Line (bearish crossover).
MACD Line is still above or near the zero line (> -0.05) – indicates early weakness after a bullish move.
First red histogram bar appears (current bar is < 0 and previous was ≥ 0) – confirming loss of momentum.
➡️ When these align, a red circle is plotted above the price bar.
📊 Visualization
Buy/Sell markers appear on the price chart for visual entry/exit cues.
MACD line, Signal line, and Zero line are optionally plotted for deeper analysis.
📌 Key Insights
This script aims to enter trades early in trend reversals by using MACD in conjunction with histogram shifts near the zero line.
It's especially useful in gap trading, mean reversion, or breakout confirmation setups.
The optional plot toggle allows switching between overlay and non-overlay views.
Educational
MACD GAPS PivotLabels MAIt provides with dots where the MACD is either highest or lowest. Identify the gaps in the chart. Pivot labels are to read the numeric value of the candle high or low and an option to select moving averages
ALP AT + KAMA Crossover This indicator is a powerful combination of two adaptive trend-following concepts: the AlphaTrend by Kivanc Ozbilgic and the Kaufman's Adaptive Moving Average (KAMA), often credited to Perry Kaufman (with the specific implementation based on HPotter's interpretation of KAMA).
The primary goal of this indicator is to provide a robust trend detection and dynamic support/resistance system, adapting to market volatility.
How it Works:
AlphaTrend Component: The green/red line is the AlphaTrend. It dynamically adjusts to market volatility (using ATR) and momentum (using MFI or RSI, configurable). It provides faster signals for trend changes.
KAMA Component: The black line is the Kaufman's Adaptive Moving Average. KAMA is designed to filter out market noise during choppy periods and follow the price closely during trending periods, making it a smoother and more reliable long-term trend indicator.
Color-Coded Trend Zones: The AlphaTrend line is color-coded to visually represent the current market condition based on the price's position relative to both AlphaTrend and KAMA:
Strong Uptrend (Lime Green): Price is above both AlphaTrend and KAMA.
Strong Downtrend (Red): Price is below both AlphaTrend and KAMA.
Uptrend Uncertainty (Orange): Price is above KAMA but below AlphaTrend (suggests consolidation or weakening uptrend).
Downtrend Uncertainty (Blue): Price is below KAMA but above AlphaTrend (suggests consolidation or strengthening downtrend within a downtrend).
Gray: Default/unclassified state.
The underlying logic is based on:
Bullish Crossover (Potential Buy Signal): When the AlphaTrend line crosses above the KAMA line.
Bearish Crossover (Potential Sell Signal): When the AlphaTrend line crosses below the KAMA line.
These crossovers indicate a shift in the adaptive trend momentum.
Customization:
Users can customize various parameters in the indicator's settings, including:
AlphaTrend Multiplier and Common Period.
KAMA Lengths and Alpha values.
All the color codes for different trend zones and lines, allowing for full personalization of the visual output.
Disclaimer:
This indicator is for informational and educational purposes only and should not be considered as financial advice. Trading involves substantial risk, and past performance is not indicative of future results. Always conduct your own thorough research and analysis before making any trading or investment decisions. This indicator is NOT a buy/sell/hold recommendation. Use it as a tool to aid your analysis, not as a sole basis for your trades.
ADT MSI TableKey Features:
1. Market Smith Methodology
Composite Rating: Combines price and volume strength
Relative Strength Rating: Measures stock performance vs benchmark
Base Pattern Detection: Identifies consolidation patterns
Breakout Signals: Detects valid breakouts with volume confirmation
2. Indian Market Adaptations
INR Currency Formatting: Displays prices in ₹, Lakhs, and Crores
Indian Benchmarks: NIFTY, SENSEX, NIFTY500 options
Market Cap Display: Formatted in Indian currency standards
Trading Hours Compatibility: Works with NSE/BSE data
3. Comprehensive Data Table
Real-time Metrics: Current price, daily change, volume analysis
Technical Indicators: MA positions, RS rating, composite rating
Performance Tracking: 3M, 6M, 12M returns
Signal Generation: BUY/SELL/HOLD recommendations
4. Visual Elements
Multiple Moving Averages: 10, 20, 50, 200 period MAs
Support/Resistance Levels: Dynamic pivot-based levels
Volume Analysis: Color-coded volume bars with surge detection
Trend Background: Color-coded background based on trend strength
Breakout Markers: Visual signals for valid breakouts
5. Customizable Parameters
Adjustable Periods: All timeframes can be modified
Table Positioning: 9 different table positions
Alert System: Customizable breakout and volume alerts
Display Options: Toggle any component on/off
6. Indian Market Specific
No Errors: Fully compatible with Indian stock data
Proper Formatting: All values in Indian currency format
Market Hours: Optimized for Indian trading sessions
Volume Calculations: Adapted for Indian market volume patterns
MFI Candles MTF TableMFI Candles + Multi-Timeframe Table | by julzALGO
This open-source script visualizes the Money Flow Index (MFI) in a new format — as candles instead of a traditional oscillator line. It provides a clean, volume-driven view of momentum and pressure, ideal for traders seeking more actionable and visual cues than a typical MFI plot.
What Makes It Unique:
• Plots "MFI Candles" — synthetic candles based on smoothed MFI values using a selected timeframe (default: 1D), giving a new way to read volume flow.
• Candles reflect momentum: green if MFI rises, red if it falls.
• Background turns red when MFI is overbought (≥ 80) or green when oversold (≤ 20).
Multi-Timeframe Strength Table:
• Displays MFI values from 15m, 1h, 4h, and 1D timeframes — all in one dashboard.
• Color-coded for quick recognition: 🔴 Overbought, 🟢 Oversold.
• Values are smoothed with linear regression for better clarity.
Custom Settings:
• MFI calculation length
• Smoothing factor
• Candle source timeframe
• Toggle table and OB/OS background
How to Use:
- Use MFI Candles to monitor momentum shifts based on money flow.
- Use the Multi-Timeframe Table to identify when multiple timeframes align — helpful for timing entries and exits.
- Watch the background for extreme conditions (OB/OS) that may signal upcoming reversals or pressure exhaustion.
Happy Trading!
Super MTF Clouds (4x3 Pairs)Overview:
This script is based on Ripster's MTF clouds, which transcends the standard moving average cloud indicator by offering a powerful and deeply customizable Multi-Timeframe (MTF) analysis. Instead of being limited to the moving averages of your current charts from the current timeframe, this tool allows you to project and visualize the trend and key support/resistance zones from up to 4 different timeframes simultaneously. User can input up to 6 different EMA values which will form 3 pairs of EMA clouds, for each of the timeframes.
The primary purpose is to provide traders with immediate confluence. By observing how price interacts with moving average clouds from higher timeframes (e.g., Hourly, Daily, Weekly), you can make more informed decisions on your active trading timeframe (e.g., 10 Minute). It's designed as a complete MTF Cloud toolkit, allowing you to display all necessary MTFs in a single script to build a comprehensive view of the market structure without having to flick to different timeframe to look for cloud positions.
Key features:
Four Independent Multi-Timeframe Slots: Each slot can be assigned any timeframe available on TradingView (e.g., D, W, M, 4H).
Three MA Pairs Per Timeframe: For each timeframe, configure up to three separate MA clouds (e.g., a 9/12 EMA pair, a 20/50 EMA pair, and a 100/200 SMA pair).
Complete Customisation: For every single moving average (24 in total), you can independently control:
MA Type: Choose between EMA or SMA.
Length: Any period you require.
Line Color: Full colour selection.
Line Thickness: Adjust the visual weight of each line.
Cloud Control: For every pair (12 in total), you can set the fill colour and transparency.
How To Use This Script:
This tool is best used for confirmation and context. Here are some practical strategies that one can adopt:
Trend Confluence: Before taking a trade based on a signal on your current timeframe, glance at the higher timeframe clouds. If you see a buy signal on the 15-minute chart and the price is currently trading above a thick, bullish Daily cloud, the probability of that trade succeeding is significantly higher. Conversely, shorting into strong HTF support is a low-probability trade.
Dynamic Support & Resistance: The edges of the higher timeframe clouds often act as powerful, dynamic levels of support and resistance. A pullback to the 4-Hour 50 EMA on your 15-minute chart can be a prime area to look for entries in the direction of the larger trend.
Gauging Market Regimes: Use the toggles in the settings to quickly switch between different views. You can have a "risk-on" view with short-term clouds and a "macro" view with weekly and monthly clouds. This helps you adapt your trading style to the current market conditions.
Key Settings:
1. Global Setting
Source For All MAs: This determines the price data point used for every single moving average calculation.
Default: hl2 (an average of the High and Low of each bar). This gives a smooth midpoint price.
Options: You can change this to Close (the most common method), Open, High, Low, or ohlc4 (an average of the open, high, low, and close), among others.
Recommendation: For most standard trend analysis, the default hl2 is the common choice.
2. The Timeframe Group Structure
The rest of the settings are organized into four identical, collapsible groups: "Timeframe 1 Settings" through "Timeframe 4 Settings". Each group acts as a self-contained control panel for one multi-timeframe view.
Within each timeframe group, you have two master controls:
Enable Timeframe: This is the main power switch for the entire group. Uncheck this box to instantly hide all three clouds and lines associated with this timeframe. This is perfect for quickly decluttering your chart or focusing on a different set of analyses.
Timeframe: This dropdown menu is the heart of the MTF feature. Here, you select the higher timeframe you want to analyse (e.g., 1D for Daily, 1W for Weekly, 4H for 4-Hour). All calculations for the three pairs within this group will be based on the timeframe you select here.
3. Pair-Specific Controls
Inside each timeframe group, there are three sections for "Pair 1", "Pair 2", and "Pair 3". These control each individual moving average cloud.
Enable Pair: Just like the master switch for the timeframe, this checkbox turns a single cloud and its two MA lines on or off.
For each pair, the settings are further broken down:
Moving Average Lines (A and B): These two rows control the two moving averages that form the cloud. 'A' is typically used for the shorter-period MA and 'B' for the longer-period one.
Type (A/B): A dropdown menu to select either EMA (Exponential Moving Average) or SMA (Simple Moving Average). EMAs react more quickly to recent price changes, while SMAs are smoother and react more slowly.
Length (A/B): The lookback period for the moving average (e.g., 21, 50, 200).
Color (A/B): Sets the specific colour of the MA line itself on your chart.
Cloud Fill Settings
Fill Color: This controls the colour of the shaded area (the "cloud") between the two moving average lines. For a consistent look, you can set this to the same colour as your shorter MA line.
Transparency: Controls how see-through the cloud is, on a scale of 0 to 100. 0 is a solid, opaque colour, while 100 is completely invisible. The default of 85 provides a light, "cloud-like" appearance that doesn't obscure the price action.
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If anything is not clear please let me know!
BTC/Fiat Divergence & Spread Monitor📄 BTC/Fiat Divergence & Spread Monitor
This indicator visualizes Bitcoin’s relative performance across multiple fiat currencies and highlights periods of unusual divergence. It helps traders assess which fiat pairs BTC has outperformed or underperformed over a configurable lookback period and monitor the dynamic spread between the strongest and weakest pairs.
Features:
Relative Performance Matrix:
Ranks BTC returns in 6 fiat pairs, displaying a color-coded table of percentage changes and ranks.
Divergence Spread Oscillator:
Calculates the spread between the top and bottom performing pairs and normalizes this using a Z-Score. The oscillator helps identify when fiat pricing divergence is unusually high or compressed.
Dynamic Smoothing:
Optional Hull Moving Average smoothing to reduce noise in the spread signal.
Customizable Inputs:
Lookback period for percent change.
Z-Score normalization window.
Smoothing length.
Symbol selection for each fiat pair.
Visual Mode Toggle:
Switch between relative performance lines and spread oscillator view.
Potential Use Cases:
Fiat Rotation:
Identify which fiat is relatively weak or strong to optimize your exit currency when taking BTC profits.
Volatility Detection:
Use the spread Z-Score to detect periods of high divergence across fiat pairs, signaling macro FX volatility or dislocations.
Regime Analysis:
Track when fiat spreads are converging or expanding, potentially signaling market regime shifts.
Risk Management:
When divergence is extreme (Z-Score > +1), consider reducing position sizing or waiting for reversion.
Disclaimer:
This indicator is provided for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any security or asset. Always do your own research and consult a qualified financial professional before making trading decisions. Use at your own risk.
Tip:
Experiment with different lookback periods and smoothing settings to adapt the indicator to your timeframe and trading style.
Volume Overbought/Oversold Zones📊 What You’ll See on the Chart
Red Background or Red Triangle ABOVE a Candle
🔺 Means: Overbought Volume
→ Volume on that bar is much higher than average (as defined by your settings).
→ Suggests strong activity, possible exhaustion in the trend or an emotional spike.
→ It’s a warning: consider watching for signs of reversal, especially if price is already stretched.
Green Background or Green Triangle BELOW a Candle
🔻 Means: Oversold Volume
→ Volume on that bar is much lower than normal.
→ Suggests the market may be losing momentum, or few sellers are left.
→ Could signal an upcoming reversal or recovery if confirmed by price action.
Orange Line Below the Candles (Volume Moving Average)
📈 Shows the "normal" average volume over the last X candles (default is 20).
→ Helps you visually compare each bar’s volume to the average.
Gray Columns (Actual Volume Bars)
📊 These are your regular volume bars — they rise and fall based on how active each candle is.
🔍 What This Indicator Does (In Simple Words)
This indicator looks at trading volume—which is how many shares/contracts were traded in a given period—and compares it to what's considered "normal" for recent history. When volume is unusually high or low, it highlights those moments on the chart.
It tells you:
• When volume is much higher than normal → market might be overheated or experiencing a buying/selling frenzy.
• When volume is much lower than normal → market might be quiet, potentially indicating lack of interest or indecision.
These conditions are marked visually, so you can instantly spot them.
💡 How It Helps You As a Trader
1. Spotting Exhaustion in Trends (Overbought Signals)
If a market is going up and suddenly volume spikes way above normal, it may mean:
• The move is getting crowded (lots of buyers are already in).
• A reversal or pullback could be near because smart money may be taking profits.
Trading idea: Wait for high-volume up bars, then look for price weakness to consider a short or exit.
2. Identifying Hidden Opportunities (Oversold Signals)
If price is falling but volume drops unusually low, it might mean:
• Panic is fading.
• Sellers are losing energy.
• A bounce or trend reversal could happen soon.
Trading idea: After a volume drop in a downtrend, watch for bullish price patterns or momentum shifts to consider a buy.
3. Confirming or Doubting Breakouts
Volume is critical for confirming breakouts:
• If price breaks a key level with strong volume, it's more likely to continue.
• A breakout without volume could be a fake-out.
This indicator highlights volume surges that can help you confirm such moves.
📈 How to Use It in Practice
• Combine it with candlestick patterns, support/resistance, or momentum indicators.
• Use the background colors or shapes as a visual cue to pause and analyze.
• Adjust the sensitivity to suit fast-moving markets (like crypto) or slow ones (like large-cap stocks).
Gold Power Hours StrategyStrategy: XAUUSD Gold Power Hours
(ideal for Tuesday to Thursday, 8:00–11:30 am NY and 1:30–3:30 pm NY)
Strategy Rules
1️⃣ Timeframe
Trade on 15 min and 1 hour charts
Confirm with the 4 h chart (trend direction)
2️⃣ Entry Conditions
✅ Main trend (confirmation):
50-period Simple Moving Average (SMA50) on the 4h chart
price above = only look for longs
price below = only look for shorts
✅ Momentum (confirmation):
RSI(14) on the 15 min chart
above 55 = bullish strength
below 45 = bearish strength
✅ Volume (validation):
Increasing volume (bar higher than previous) during NY open (8–9 am) or at 1:30 pm
confirms institutional interest
3️⃣ Entry Setup
🟢 Longs (buys):
Price above 4h SMA50
15 min RSI > 55
break of previous resistance (e.g., last hour’s high)
rising volume on the entry candle
👉 Enter on breakout + 2 pips of margin
🔴 Shorts (sells):
Price below 4h SMA50
15 min RSI < 45
break of previous support
rising volume on the entry candle
👉 Enter on breakout – 2 pips of margin
4️⃣ Trade Exits / Management
✅ Take profit (TP):
2 × the risk taken (e.g., SL 20 pips → TP 40 pips)
or the next significant support/resistance on H1
✅ Stop loss (SL):
below the last impulse candle (for longs)
or above the last impulse candle (for shorts)
minimum 15–20 pips to avoid stop hunts
✅ Break-even
move SL to entry point once +15 pips profit is reached
5️⃣ Additional Filters
✅ Avoid trading during red news (NFP, FOMC) until the first spike finishes.
✅ Avoid trading outside these windows:
8:00–11:30 am NY
1:30–3:30 pm NY
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Estrategia: XAUUSD Gold Power Hours
(ideal para martes a jueves, 8:00 – 11:30 am NY y 1:30 – 3:30 pm NY)
Reglas de la estrategia
1️⃣ Marco temporal
Operar en gráficos de 15 min y 1 hora
Confirmaciones con gráfico de 4 h (dirección de tendencia)
2️⃣ Condiciones de entrada
✅ Tendencia principal (confirmación):
Media Móvil Simple de 50 (SMA50) en gráfico 4h
precio por encima = solo buscar compras
precio por debajo = solo buscar ventas
✅ Momentum (confirmación):
RSI(14) en gráfico de 15 min
sobre 55 = fuerza alcista
debajo de 45 = fuerza bajista
✅ Volumen (validación):
Volumen creciente (barra más alta que la anterior) en la apertura NY (8–9 am) o a la 1:30 pm
confirma que hay interés institucional
3️⃣ Setup de entrada
🟢 Largos (compras):
Precio arriba de SMA50 4h
RSI 15 min > 55
rompimiento de resistencia previa (ej. alto de la última hora)
volumen creciente en la vela de entrada
👉 Entrada en rompimiento + 2 pips de margen
🔴 Cortos (ventas):
Precio debajo de SMA50 4h
RSI 15 min < 45
rompimiento de soporte previo
volumen creciente en la vela de entrada
👉 Entrada en rompimiento – 2 pips de margen
4️⃣ Salidas / gestión del trade
✅ Take profit (TP):
2 × riesgo asumido (por ejemplo, SL 20 pips → TP 40 pips)
o siguiente soporte/resistencia mayor en H1
✅ Stop loss (SL):
debajo de la última vela de impulso (para compras)
o encima de la última vela de impulso (para ventas)
mínimo 15–20 pips para evitar barridas
✅ Break-even
mover el SL a punto de entrada cuando se alcance +15 pips de ganancia
5️⃣ Filtros adicionales
✅ Evita operar durante noticias rojas (NFP, FOMC) hasta que el primer spike termine.
✅ Evita operar fuera de las ventanas:
8:00 – 11:30 am NY
1:30 – 3:30 pm NY
Day of Week HighlighterThis Indicator Helps Indian Traders or Any Traders to see Charts Days Highlights in their Charts..
AshishBediSPLThis Pine Script indicator, "AshishBediSPL," is designed to help you visualize and analyze the combined premium of a short straddle strategy using Call and Put options. It fetches real-time and historical data for your chosen index or stock (NIFTY, BANKNIFTY, FINNIFTY, MIDCPNIFTY, SENSEX, BANKEX, or RELIANCE) and a specified expiry date and strike price.
You can opt to view the combined premium of both Call and Put options, or analyze just the Call or Put premium individually. The indicator then allows you to overlay and generate trading signals based on a selection of popular technical indicators, including:
EMA Crossover: Identify trend changes with configurable fast and slow Exponential Moving Averages.
Supertrend: Determine the prevailing trend direction and potential reversal points.
VWAP (Volume Weighted Average Price): Track the average price traded based on volume, resetting daily.
RSI (Relative Strength Index): Gauge momentum and potential overbought/oversold conditions (note: RSI buy/sell logic is set to trigger on overbought/oversold levels, which can be interpreted for contrarian or trend-following strategies depending on your approach).
SMA (Simple Moving Average): Smooth price data to identify support and resistance.
The indicator plots the combined premium as a dynamic line, changing color based on its opening and closing values. Buy and Sell signals are clearly marked on the chart, and you can set up alerts to notify you of these trading opportunities.
This tool is ideal for traders looking to monitor straddle premiums and integrate multiple indicator-based signals into their analysis.
Previous 2 Days High/LowCan you give me a summary of this indicator
The "Previous 2 Days High/Low" indicator, written in Pine Script v5 for TradingView, plots horizontal lines representing the combined high and low prices of the previous two trading days on a chart. Here's a summary of its functionality, purpose, and key features:
Purpose
The indicator helps traders identify significant price levels by displaying the highest high and lowest low from the previous two days, which can act as potential support or resistance levels. These levels are plotted as lines that extend across the current trading day, making it easier to visualize key price zones for trading decisions.
Key Features
Calculates Combined High and Low:
Retrieves the high and low prices of the previous day and the day before using request.security on the daily timeframe ("D").
Computes the combined high as the maximum of the two days' highs and the combined low as the minimum of the two days' lows.
Dynamic Line Plotting:
Draws two horizontal lines:
Red Line: Represents the combined high, plotted at the highest price of the previous two days.
Green Line: Represents the combined low, plotted at the lowest price of the previous two days.
Lines are created at the start of a new trading day and extended to the right edge of the chart using line.set_x2, ensuring they span the entire current day.
Labels for Clarity:
Adds labels to the right of the chart, displaying the exact price values of the combined high ("Combined High: ") and combined low ("Combined Low: ").
Labels are updated to move with the lines, maintaining alignment at the current bar.
Clutter Prevention:
Deletes old lines and labels at the start of each new trading day to avoid overlapping or excessive objects on the chart.
Dynamic Requests:
Uses dynamic_requests=true in the indicator() function to allow request.security calls within conditional blocks (if ta.change(time("D"))), enabling daily data retrieval within the script's logic.
Bollinger Bands Entry/Exit ThresholdsBollinger Bands Entry/Exit Thresholds
Author of enhancements: chuckaschultz
Inspired and adapted from the original 'Bollinger Bands Breakout Oscillator' by LuxAlgo
Overview
Pairs nicely with Contrarian 100 MA
The Bollinger Bands Entry/Exit Thresholds is a powerful momentum-based indicator designed to help traders identify potential entry and exit points in trending or breakout markets. By leveraging Bollinger Bands, this indicator quantifies price deviations from the bands to generate bullish and bearish momentum signals, displayed as an oscillator. It includes customizable entry and exit signals based on user-defined thresholds, with visual cues plotted either on the oscillator panel or directly on the price chart.
This indicator is ideal for traders looking to capture breakout opportunities or confirm trend strength, with flexible settings to adapt to various markets and trading styles.
How It Works
The Bollinger Bands Entry/Exit Thresholds calculates two key metrics:
Bullish Momentum (Bull): Measures the extent to which the price exceeds the upper Bollinger Band, expressed as a percentage (0–100).
Bearish Momentum (Bear): Measures the extent to which the price falls below the lower Bollinger Band, also expressed as a percentage (0–100).
The indicator generates:
Long Entry Signals: Triggered when the bearish momentum (bear) crosses below a user-defined Long Threshold (default: 40). This suggests weakening bearish pressure, potentially indicating a reversal or breakout to the upside.
Exit Signals: Triggered when the bullish momentum (bull) crosses below a user-defined Sell Threshold (default: 80), indicating a potential reduction in bullish momentum and a signal to exit long positions.
Signals are visualized as tiny colored dots:
Long Entry: Blue dots, plotted either at the bottom of the oscillator or below the price bar (depending on user settings).
Exit Signal: White dots, plotted either at the top of the oscillator or above the price bar.
Calculation Methodology
Bollinger Bands:
A user-defined Length (default: 14) is used to calculate an Exponential Moving Average (EMA) of the source price (default: close).
Standard deviation is computed over the same length, multiplied by a user-defined Multiplier (default: 1.0).
Upper Band = EMA + (Standard Deviation × Multiplier)
Lower Band = EMA - (Standard Deviation × Multiplier)
Bull and Bear Momentum:
For each bar in the lookback period (length), the indicator calculates:
Bullish Momentum: The sum of positive deviations of the price above the upper band, normalized by the total absolute deviation from the upper band, scaled to a 0–100 range.
Bearish Momentum: The sum of positive deviations of the price below the lower band, normalized by the total absolute deviation from the lower band, scaled to a 0–100 range.
Formula:
bull = (sum of max(price - upper, 0) / sum of abs(price - upper)) * 100
bear = (sum of max(lower - price, 0) / sum of abs(lower - price)) * 100
Signal Generation:
Long Entry: Triggered when bear crosses below the Long Threshold.
Exit: Triggered when bull crosses below the Sell Threshold.
Settings
Length: Lookback period for EMA and standard deviation (default: 14).
Multiplier: Multiplier for standard deviation to adjust Bollinger Band width (default: 1.0).
Source: Input price data (default: close).
Long Threshold: Bearish momentum level below which a long entry signal is generated (default: 40).
Sell Threshold: Bullish momentum level below which an exit signal is generated (default: 80).
Plot Signals on Main Chart: Option to display entry/exit signals on the price chart instead of the oscillator panel (default: false).
Style:
Bullish Color: Color for bullish momentum plot (default: #f23645).
Bearish Color: Color for bearish momentum plot (default: #089981).
Visual Features
Bull and Bear Plots: Displayed as colored lines with gradient fills for visual clarity.
Midline: Horizontal line at 50 for reference.
Threshold Lines: Dashed green line for Long Threshold and dashed red line for Sell Threshold.
Signal Dots:
Long Entry: Tiny blue dots (below price bar or at oscillator bottom).
Exit: Tiny white dots (above price bar or at oscillator top).
How to Use
Add to Chart: Apply the indicator to your TradingView chart.
Adjust Settings: Customize the Length, Multiplier, Long Threshold, and Sell Threshold to suit your trading strategy.
Interpret Signals:
Enter a long position when a blue dot appears, indicating bearish momentum dropping below the Long Threshold.
Exit the long position when a white dot appears, indicating bullish momentum dropping below the Sell Threshold.
Toggle Plot Location: Enable Plot Signals on Main Chart to display signals on the price chart for easier integration with price action analysis.
Combine with Other Tools: Use alongside other indicators (e.g., trendlines, support/resistance) to confirm signals.
Notes
This indicator is inspired by LuxAlgo’s Bollinger Bands Breakout Oscillator but has been enhanced with customizable entry/exit thresholds and signal plotting options.
Best used in conjunction with other technical analysis tools to filter false signals, especially in choppy or range-bound markets.
Adjust the Multiplier to make the Bollinger Bands wider or narrower, affecting the sensitivity of the momentum calculations.
Disclaimer
This indicator is provided for educational and informational purposes only.
EPS and Sales Magic Indicator V2EPS and Sales Magic Indicator V2
EPS and Sales Magic Indicator V2
Short Title: EPS V2
Author: Trading_Tomm
Platform: TradingView (Pine Script v6)
License: Free for public use under fair usage guidelines
Overview
The EPS and Sales Magic Indicator V2 is a powerful stock fundamental visualization tool built specifically for TradingView users who wish to incorporate earnings intelligence directly onto their price chart. Designed and developed by Trading_Tomm, this upgraded version of the original 'EPS and Sales Magic Indicator' includes an enriched and more insightful presentation of company performance metrics — now with TTM EPS support, advanced color-coding, label sizing, and refined control options.
This indicator is tailored for retail traders, swing investors, and long-term fundamental analysts who need to view Quarter-over-Quarter (QoQ) earnings and revenue changes directly on the price chart without switching tabs or breaking focus.
What Does It Display?
The EPS and Sales Magic Indicator V2 intelligently detects quarterly financial updates and displays the following data points via labels:
1. EPS (Earnings Per Share) – Current Quarterly Value
This is the most recent Diluted EPS published by the company, fetched using TradingView’s request.financial() function.
Displayed in the format: EPS: ₹20.45
2. EPS QoQ Percentage Change
Shows the percentage change in EPS compared to the previous quarter.
Highlights improvement or decline using arrows (up for improvement, down for decline).
Displayed in the format: EPS: ₹20.45 (up 15.3 percent)
3. Sales (Revenue) – Current Quarterly Value
Fetches and displays Total Revenue of the company in ₹Crores for easier Indian-market readability.
Displayed in the format: Sales: ₹460Cr
4. Sales QoQ Percentage Change
Measures and presents the quarter-over-quarter percentage change in total revenue.
Uses arrows to indicate growth or contraction.
Displayed in the format: Sales: ₹460Cr (down 3.8 percent)
5. EPS TTM (Trailing Twelve Months)
You now get the TTM EPS — the sum of the last four quarterly EPS values.
This value provides a better long-term earnings snapshot compared to a single quarter.
Displayed in the format: TTM EPS: ₹78.12
All of these values are automatically calculated and displayed only on the bars where a new financial report is detected, keeping your chart clean and insightful.
Customization Features
This indicator is built with user control in mind, allowing you to personalize how and what you want to see:
Show EPS in Label: Enable or disable the display of EPS and EPS QoQ values.
Show Sales in Label: Toggle the visibility of revenue and sales change percentage.
Color Options for Label Themes: The label background color is automatically determined based on performance.
Green: Both EPS and Sales increased QoQ.
Red: Both decreased.
Orange: One increased and the other decreased.
Gray: Default color (if values are unavailable or mixed).
Label Text Size: Choose from Tiny, Small (default), or Normal.
Visual Design
Placement: The labels are positioned just below the candlesticks using yloc.belowbar, so they do not obstruct price action or interfere with technical indicators.
Anchor: Aligned precisely with the financial reporting bars to maintain clarity in historical comparisons.
Background Style: Clean, semi-transparent styling with soft text colors for comfortable viewing.
How It Works
The indicator relies on TradingView’s powerful request.financial() function to extract fiscal quarterly financials (FQ). Internally, it uses detection logic to identify fresh data updates by comparing current vs. previous values, arithmetic to compute QoQ percentage changes in EPS and Sales, logic to build formatted labels dynamically based on user selections, and conditional color and sizing logic to enhance interpretability.
Use Cases
For Long-Term Investors: Quickly identify if a company’s profitability and revenue are improving over time.
For Swing Traders: Combine recent earnings trends with price action to evaluate if post-result momentum has real backing.
For Technical and Fundamental Traders: Layer it with moving averages, RSI, or volume to create a hybrid analysis environment.
Limitations and Notes
Financial data is provided by TradingView’s financial API, and occasional missing values may occur for less-covered stocks.
This tool does not repaint but depends on the timing of the official financial updates.
All values are rounded and formatted to prioritize readability.
Works best on Daily or higher timeframes (weekly or monthly also supported).
License and Fair Use
This script is free to use and share under TradingView’s open-use guidelines. You may copy, fork, and build upon this indicator for personal or educational purposes, but commercial usage requires attribution to the author: Trading_Tomm.
Future Enhancements (Planned)
Addition of Net Profit (QoQ and TTM)
Inclusion of Operating Margin, Profit Margin, and Book Value
Option to switch between numeric and graphical display (table mode)
Alerts on extreme earnings deviation or sales slumps
Final Thoughts
The EPS and Sales Magic Indicator V2 represents a clean, visual, and smart way to monitor a company’s core performance from your chart screen. It helps you align fundamental strength with technical strategies and provides instant financial clarity, which is especially vital in today’s fast-moving markets.
Whether you’re preparing for an earnings season or scanning past performance to pick your next investment, this indicator saves time, enhances insights, and sharpens decisions.
Price-EMA Z-Score Backgroundhe “Price‑to‑EMA Z‑Score Background” indicator is designed to give you a clear, visual sense of when price has moved unusually far away from its smoothed trend, and to highlight those moments as potential overextension or mean‑reversion opportunities. Under the hood, it first computes a standard exponential moving average (EMA) of your chosen lookback length, then measures the raw difference between the current close and that EMA on every bar. To make that raw deviation comparable across different markets and timeframes, it converts the series of differences into a z‑score—subtracting the rolling mean of the deviations and dividing by their rolling standard deviation over a second lookback window.
Once you’ve normalized price‑to‑EMA distance into z‑score units, you can set two simple trigger levels: one upper threshold and one lower threshold. Whenever the z‑score climbs above the upper threshold, the chart background glows green, signaling that price is extended far above its EMA (and might be ripe for a pullback). Whenever the z‑score falls below the lower threshold, the background turns red, calling out an equally extreme move below the EMA (and a possible oversold bounce). Between those bands, no shading appears, letting you know price is trading within its “normal” range around the trend.
By adjusting the EMA period, the z‑score lookback, and the two trigger levels, you can dial in early warning signals (e.g. ±1 σ) or wait for very stretched moves (±2 σ or more). Used in concert with your favorite momentum or pattern tools—or even as a standalone visual cue—this simple background‑shading approach makes it easy to spot when a market is running too hot or too cold relative to its own recent average.
Yield Curve Regime Shading with LegendTakes two symbols (e.g. two futures contracts, two FX pairs, etc.) as inputs.
Calculates the “regime” as the sign of the change in their difference over an n‑period lookback.
Lets you choose whether you want to color the bars themselves or shade the background.
How it works
Inputs
symbolA, symbolB: the two tickers you’re comparing.
n: lookback in bars to measure the change in the spread.
mode: pick between “Shading” or “Candle Color”.
Data fetching
We use request.security() to pull each series at the chart’s timeframe.
Regime calculation
spread = priceA – priceB
spreadPrev = ta.valuewhen(not na(spread), spread , 0) (i.e. the spread n bars ago)
If spread > spreadPrev → bullish regime
If spread < spreadPrev → bearish regime
Plotting
Shading: apply bgcolor() in green/red.
Candle Color: use barcolor() to override the bar color.
ICT Setup 04 [TradingFinder] SFP Sweep Liquidity Fake CHoCH/BOS🔵 Introduction
In smart money and ICT based trading, liquidity is never random. Some of the most meaningful market moves begin with a liquidity sweep where price intentionally hunts a previous swing high or swing low to trigger stop loss orders and absorb volume.
This manipulation is often followed by a sharp reversal from a reaction zone, creating ideal conditions for a high probability entry. This indicator is built to detect exactly that. It identifies a valid swing point and defines a reaction zone where price is likely to react.
For short setups, the zone lies between the swing high and the maximum of the candle’s open or close. For long setups, it’s drawn from the swing low to the minimum of the open or close.
When price returns to this zone and forms a qualified confirmation candle typically a doji or a small bodied candle that closes inside the zone while sweeping the liquidity this is a potential sign of reversal.
The candle must show both the sweep and the inability to hold above or below the key level, signaling a fake breakout or failed move. By combining elements of liquidity hunt, reaction zone rejection, and candle based entry confirmation, this tool highlights sniper entry points used by smart money to trap retail traders and reverse the trend. It helps filter out noise and enhances timing, making it ideal for trading in alignment with institutional order flow.
Long Position :
Short Position :
🔵 How to Use
This indicator is designed to highlight precise moments where price sweeps liquidity and reacts within a high probability reversal zone. By identifying clean swing highs and lows and defining a smart reaction zone around them, it filters out weak fakeouts and focuses only on setups with strong institutional footprints.
The tool works best when combined with market structure analysis and is suitable for both scalping and intraday trading. Below is a breakdown of how to interpret the signals for long and short positions based on the visual setups provided.
🟣 Long Setup
In a long setup, the indicator first detects a valid swing low where liquidity has likely accumulated below. A reaction zone is then drawn between the swing low and the minimum of the open or close of the swing candle.
When price returns to this zone, it must sweep the previous low and form a precise confirmation candle, such as a doji or a small bodied candle, that closes inside the zone. This candle must also reject the lower level, showing failure to continue downward.
As shown in the chart, once the liquidity grab is complete and the confirmation candle forms, a clean long signal is issued, indicating a potential bullish reversal backed by smart money behavior.
🟣 Short Setup
In a short setup, the indicator identifies a swing high where buy-side liquidity is resting. It then constructs a reaction zone between the high and the maximum of the open or close of the swing candle. Price must return to this zone, sweep the swing high, and form a bearish confirmation candle inside the zone.
A classic example is a doji or rejection candle that traps breakout buyers and fails to hold above the previous high. In the provided chart, the price aggressively hunts the liquidity above the swing high, but the close within the reaction zone signals exhaustion, prompting a short signal with high reversal probability.
These setups represent moments where price action, liquidity behavior, and candle structure align to offer strong entries. By focusing on clean sweeps and reactive confirmations, the indicator helps traders stay on the side of smart money and avoid common breakout traps.
🔵 Settings
🟣 Logical settings
Swing period : You can set the swing detection period.
Max Swing Back Method : It is in two modes "All" and "Custom". If it is in "All" mode, it will check all swings, and if it is in "Custom" mode, it will check the swings to the extent you determine.
Max Swing Back : You can set the number of swings that will go back for checking.
Maximum Distance Between Swing and Signal :The maximum number of candles allowed between the swing point and the potential signal. The default value is 50, ensuring that only recent and relevant price reactions are considered valid.
🟣 Display settings
Displaying or not displaying swings and setting the color of labels and lines.
🟣 Alert Settings
Alert SFP : Enables alerts for Swing Failure Pattern.
Message Frequency : Determines the frequency of alerts. Options include 'All' (every function call), 'Once Per Bar' (first call within the bar), and 'Once Per Bar Close' (final script execution of the real-time bar). Default is 'Once per Bar'.
Show Alert Time by Time Zone : Configures the time zone for alert messages. Default is 'UTC'.
🔵 Conclusion
This indicator is built for traders who rely on liquidity driven setups and smart money principles. By combining swing structure analysis with precision reaction zones and strict entry confirmation, it isolates the exact moments where price sweeps liquidity and fails to continue. These are high value points where institutional activity often reveals itself, and retail traps unfold.
Unlike generic breakout tools, this script focuses on quality over quantity by requiring both a sweep of a swing high or low and a confirmed rejection candle that closes inside a predefined zone. With customizable swing depth, proximity filters, visual highlights, and alert functions, it offers a complete framework for identifying and acting on fake breakouts with confidence. Whether you trade forex, crypto, or indices, this tool enhances your ability to align with true order flow and take entries where liquidity is most likely to shift.
Watermark Clarity V33🌟 Introducing Watermark Clarity V33 – Banner 🌟
Watermark Clarity V33 is a visual utility tool designed to enhance chart awareness, focus, and clean aesthetics without adding market noise. Unlike traditional indicators, this script does not generate buy/sell signals or perform technical analysis. Instead, it provides a customizable on-chart watermark banner that clearly communicates your current mindset, risk awareness, or trading bias directly on the chart — helping traders stay aligned with their pre-defined plans and reducing impulsive behavior.
Whether you’re a discretionary trader, scalper, or swing trader, Watermark Clarity V33 offers an adaptive display that blends clarity with minimalism, keeping your chart clean while remaining informative.
🛠 Customizable Parameters
• Dual Text Banners: Configure two independent headers to reflect trading goals, risk posture, or emotional cues.
• Smart Animation Toggle: Optionally animate between messages to help reinforce shifting market awareness or draw attention during high-alert periods.
• Size, Color & Positioning: Adjust the info box’s text size, banner dimensions, background color, transparency, and placement (top/middle/bottom – left/center/right).
• Transparent Mode: Switch to semi-transparent mode for cleaner overlays during live sessions or screen recording.
🚀 New Feature – Custom Alerts & Smart Animation Control
• Market-Aware Animation Logic:
When Enable Animation is turned on and both Heading 1 and Heading 2 are filled:
• 📈 During Market Hours → The banner alternates smoothly between both headings, helping maintain awareness and visual engagement.
• 💤 Outside Market Hours → The banner remains fixed on Heading 1. This acts as a subtle visual cue that markets are currently closed — giving you peace of mind and a cleaner screen.
✨ Visual Utility Use Cases
• Accountability Layer: Keep yourself accountable to your trading rules or session checklist.
• Mindset Anchor: Display motivational or tactical reminders that guide your trading behavior.
• Multi-Timeframe Syncing: Use different watermarks across charts to stay aligned across timeframes or instruments.
📘 How to Use
1. Add the Indicator: Apply “Watermark Clarity V33 – Banner” to your chart.
2. Configure Inputs: Adjust the banner texts, size, color scheme, and screen position to your liking.
4. Focus & Trade: Let the visual cue support your decision-making environment without interfering with price action.
❗ Important Notes
• This indicator does not analyze price data or generate signals. It is designed solely for visual clarity and trader discipline support.
• All display logic runs in real-time and responds to your settings only, no repainting or lookahead bias.
Initial balance - weeklyWeekly Initial Balance (IB) — Indicator Description
The Weekly Initial Balance (IB) is the price range (High–Low) established during the week’s first trading session (most commonly Monday). You can measure it over the entire day or just the first X hours (e.g. 60 or 120 minutes). Once that session ends, the IB High and IB Low define the key levels where the initial weekly range formed.
Why Measure the Weekly IB?
Week-Opening Sentiment:
Monday’s range often sets the tone for the rest of the week. Trading above the IB High signals bullish control; trading below the IB Low signals bearish control.
Key Liquidity Zones:
Large institutions tend to place orders around these extremes, so you’ll frequently see tests, breakouts, or rejections at these levels.
Support & Resistance:
The IB High and IB Low become natural barriers. Price will often return to them, bounce off them, or break through them—ideal spots for entries and exits.
Volatility Forecast:
The width of the IB (High minus Low) indicates whether to expect a volatile week (wide IB) or a quieter one (narrow IB).
Significance of IB Levels
Breakout:
A clear break above the IB High (for longs) or below the IB Low (for shorts) can ignite a strong trending move.
Fade:
A rejection off the IB High/Low during low momentum (e.g. low volume or pin-bar formations) offers a high-probability reversal trade.
Mid-Point:
The 50% level of the IB range often “magnetizes” price back to it, providing entry points for continuation or reversal strategies.
Three Core Monday IB Strategies
A. Breakout (Open-Range Breakout)
Entry: Wait for 1–2 candles (e.g. 5-minute) to close above IB High (long) or below IB Low (short).
Stop-Loss: A few pips below IB High (long) or above IB Low (short).
Profit-Target: 2–3× your risk (Reward:Risk ≥ 2:1).
Best When: You spot a clear impulse—such as a strong pre-open volume spike or news-driven move.
B. Fade (Reversal at Extremes)
Entry: When price tests IB High but shows weakening momentum (shrinking volume, upper-wick candles), enter short; vice versa for IB Low and longs.
Stop-Loss: Just beyond the IB extreme you’re fading.
Profit-Target: Back toward the IB mid-point (50% level) or all the way to the opposite IB extreme.
Best When: Monday’s action is range-bound and lacks a clear directional trend.
C. Mid-Point Trading
Entry: When price returns to the 50% level of the IB range.
In an up-trend: buy if it bounces off mid-point back toward IB High.
In a down-trend: sell if it reverses off mid-point back toward IB Low.
Stop-Loss: Just below the nearest swing-low (for longs) or above the nearest swing-high (for shorts).
Profit-Target: To the corresponding IB extreme (High or Low).
Best When: You see a strong initial move away from the IB, followed by a pullback to the mid-point.
Usage Steps
Configure your session: Measure IB over your chosen Monday timeframe (whole day or first X hours).
Choose your strategy: Align Breakout, Fade, or Mid-Point entries with the current market context (trend vs. range).
Manage risk: Keep risk per trade ≤ 1% of account and maintain at least a 2:1 Reward:Risk ratio.
Backtest & forward-test: Verify performance over multiple Mondays and in a paper-trading environment before going live.
15m ORB Pip Run with Range HighlightThis marks up the first 15 minute range of the NYSE at 9:30 AM EST.
Then it counts the number of pips that price has run in the direction of the breakout.
The script it not anything amazing.
I just wrote it to help me backtest the 15 minute ORB strategy quickly.
ATR FX DashboardATR FX Dashboard – Multi-Timeframe Volatility Monitor
Overview:
The ATR FX Dashboard provides a quick, at-a-glance view of market volatility across multiple timeframes for any forex pair. It uses the well-known Average True Range (ATR) indicator to display real-time volatility information in both pips and percentage terms, helping traders assess potential risk, position sizing, and market conditions.
How It Works:
This dashboard displays:
✔ ATR in Pips — The average price movement over a given timeframe, converted to pips for easy interpretation, automatically adjusting for JPY pairs.
✔ ATR as a Percentage of Price — Shows how significant the ATR is relative to the current price. Higher percentages often signal higher volatility or more active markets.
✔ Color-Coded Volatility Highlights — On the daily timeframe, ATR % cells are color-coded:
Green: High volatility
Orange: Moderate volatility
Red: Low volatility
Timeframes Displayed:
15 Minutes
1 Hour
4 Hour
Daily
This gives traders a clear, multi-timeframe view of short-term and broader market volatility conditions, directly on the chart.
Ideal For:
✅ Forex traders seeking quick, reliable volatility reference points
✅ Day traders and swing traders needing help with risk assessment and position sizing
✅ Anyone using ATR-based strategies or simply wanting to stay aware of changing market conditions
Additional Features:
Toggle option to display or hide ATR % relative to price
Automatic pip conversion for JPY pairs
Simple, clean table layout in the bottom-right corner of the chart
Supports all forex symbols
Disclaimer:
This tool is for informational purposes only and is not financial advice. As with all technical indicators, it should be used in conjunction with other tools and proper risk management.
Gap % Distribution Table (2% Bins)Description
This indicator displays a Gap % Distribution Table categorized in 2% bins ranging from `< -20%` to `> +20%`. It calculates the gap between today’s open and the previous day’s close, and groups occurrences into defined bins. The table includes:
Gap range, count, and percentage for each bin
A total row summarizing all entries
Customizable appearance including:
Font color, cell background fill (with transparency), and table border color
Column headers and full outer border
Date filtering using selectable start and end dates
Position control for placing the table on the chart area
Ideal for analyzing the historical behavior of opening gaps for any instrument.
80% Rule Indicator (ETH Session + SVP Prior Session)I created this script to show the 80% opportunity on chart if setting lines up.
"80% rule: Open outside the vah or Val. Spend 30 mins outside there then break back inside spend 15 mins below or above depending which way u broke. Then come back and retest the vah/val and take it to the poc as a first target with the final target being the other Val/vah "
📌 Script Summary
The "80% Rule Indicator (ETH Session + SVP Prior Session)" overlays your chart with prior session value area levels (VAH, VAL, and POC) calculated from extended-hours 30-minute data. It tracks when the price reenters the value area and confirms 80% Rule setups during your chosen trading session. You can optionally trigger alerts, show/hide market sessions, and fine-tune line appearance for a clean, modular workflow.
⚙️ Options & Settings Breakdown
- Use 24-Hour Session (All Markets)
When checked, the indicator ignores time zones and tracks signals during a full 24-hour period (0000-0000), helpful if you're outside U.S. trading hours or want consistent behavior globally.
- Market Session
Dropdown to select one of three key market zones:
- New York (09:30–16:00 ET)
- London (08:00–16:30 local)
- Tokyo (09:00–15:00 local)
Used to gate entry signals during relevant hours unless you choose the 24-hour option.
- Show PD VAH/VAL/POC Lines
Toggle to show or hide prior day’s levels (based on the 30-min extended session). Turning this off removes both the lines and their white text labels.
- Extend Lines Right
When enabled, the VAH/VAL/POC lines extend into the current day’s session. If disabled, they appear only at their anchor point.
- Highlight Selected Session
Adds a soft blue background to help visualize the active session you selected.
- Enable Alert Conditions
Allows TradingView alerts to be created for long/short 80% Rule entries.
- Enable Audible Alerts
Plays an in-chart sound with a popup message (“80% Rule LONG” or “SHORT”) when signals trigger. Requires the chart to be active and sounds enabled in TradingView.
Universal Sentiment Oscillator with Trade RecommendationsUniversal Sentiment Oscillator & Strategy Guide
Summary
This all-in-one indicator is designed to be a comprehensive co-pilot for your trading journey. It moves beyond simple buy/sell signals by analyzing the underlying market sentiment and providing a dynamic, risk-assessed guide of potential trading strategies. Whether you're a novice learning the ropes or an expert seeking confirmation, this tool provides a structured framework for making smarter, more informed decisions in stocks, options, and futures.
How It Works
The core of the indicator is the Sentiment Oscillator, which calculates a score from -5 (Extremely Bearish) to +5 (Extremely Bullish) on every bar. This isn't just a single measurement; it's a weighted aggregate of several key technical conditions:
Trend Analysis: Price position relative to the 20, 50, and 200 EMAs.
Momentum Analysis: The current RSI value.
Hybrid Analysis: The state of the MACD and its signal line.
These factors are intelligently combined and normalized to produce a single, intuitive sentiment score, giving you an at-a-glance understanding of the market's pulse.
Core Features
Dynamic Trade Recommendation Table:
The informational heart of the indicator. This on-chart table provides a list of potential trades perfectly aligned with the current sentiment score.
Risk-Ranked Strategies:
All suggested trades are logically ordered by risk, helping you quickly identify strategies that match your comfort level.
Adjusted Trade Suggestions:
The indicator analyzes sentiment momentum (the score vs. its signal line) to provide proactive, forward-looking trade ideas based on where the market might be heading next.
Customizable Trading Styles:
Tell the indicator if you are a Conservative, Neutral, or Aggressive trader, and the "Adjusted Trade Suggestion" will automatically tailor its recommendations to your personal risk preference.
Context-Aware Futures Mode:
When viewing a futures contract, enable this mode to switch all recommendations from stock/options to futures-specific actions (e.g., "Cautious Long," "Monitor Range").
Predictive Sentiment Cone:
Visualize the potential short-term path of sentiment based on current momentum, helping you anticipate future conditions.
Fully Customizable:
Every parameter—from EMA lengths to trade filters—can be adjusted, allowing you to fine-tune the indicator to your exact specifications.
How to Use This Indicator
This tool is flexible and can be integrated into many trading systems. Here is a powerful, professional approach:
Top-Down Analysis (for Swing or Position Trading):
Establish the Trend: Start on the higher timeframes (Monthly, Weekly, Daily). Use the oscillator's color and score to define the dominant, long-term market sentiment. You only want to look for trades that align with this macro trend.
Refine the Entry: Drop down to the medium timeframes (4-Hour, 1-Hour). Wait for the sentiment on these charts to come into alignment with the higher-timeframe trend. This pullback or consolidation is your "zone of interest."
Pinpoint the Execution: Move to a lower timeframe (e.g., 15-Minute). Use the Adjusted Trade Suggestion and Sentiment Momentum to find a precise entry as momentum begins to shift back in the direction of the primary trend. You can set alerts on the oscillator's zero-line for early warnings of a sentiment shift.
As a Confirmation Tool: If you have an existing trade idea, use the indicator to validate it. Does the sentiment score align with your bullish or bearish thesis? Does the momentum confirm that now is a good time to enter?
As an Idea Generation Tool: Unsure what to trade? Browse different assets and let the indicator's "Primary Trades" and "Adjusted Trade Suggestion" present you with a list of risk-assessed ideas that you can then investigate further.
Disclaimer: This is an analysis tool and should not be considered financial advice. All forms of trading involve substantial risk. You should not trade with money you cannot afford to lose. Always perform your own due diligence and use this indicator as one component of a complete trading plan.
