BBTrend ModularBBTrend Modular Indicator
The BBTrend Modular Indicator is designed to provide multiple perspectives on market dynamics by leveraging Bollinger Bands. It consists of several independent modules, each analyzing a specific aspect of price action and volatility. By default, all modules are enabled except the Adaptive BBTrend module, which remains off unless activated.
Modules Overview
1. BBTrend (Basic Module)
- Purpose: Calculates the difference between the absolute differences of the upper and lower Bollinger Bands for short and long periods.
- Working Principle: By comparing the divergence between the bands of two different timeframes, this module gives an indication of trend strength. A positive value may indicate bullish conditions, while a negative value suggests bearish conditions.
2. BB Expansion (Volatility Analysis)
- Purpose: Measures market volatility by comparing the widths of the Bollinger Bands for short and long periods.
- Working Principle: An increased width in the short-period bands relative to the long-period bands signals rising volatility and trend expansion. Dynamic color coding further helps in interpreting volatility changes.
3. BB Momentum Trend (Slope Analysis)
- Purpose: Assesses market momentum by analyzing the slope (or the rate of change) of the short-period Bollinger Band’s middle line.
- Working Principle: A positive slope indicates upward (bullish) momentum, whereas a negative slope points to downward (bearish) momentum. This helps traders gauge the speed at which the trend is evolving.
4. Adaptive BBTrend (Adaptive Calculation)
- Purpose: Adjusts the Bollinger Bands’ lengths dynamically using the Average True Range (ATR) to better respond to changing market volatility.
- Working Principle: An adaptive factor is computed based on the ATR relative to the closing price. This factor recalculates the short and long periods, making the indicator more responsive in volatile markets. Note: This module is disabled by default.
5. Volume-Weighted BBTrend (Volume Adjustment)
- Purpose: Integrates trading volume into the BBTrend calculation to refine the trend signal.
- Working Principle: By applying a volume weighting factor, the module gives more significance to high-volume bars. This results in a nuanced view of market sentiment, where high trading activity can strengthen the trend signal.
Русское описание
Индикатор BBTrend Modular
Индикатор BBTrend Modular создан для предоставления различных взглядов на динамику рынка с использованием полос Боллинджера. Он состоит из нескольких независимых модулей, каждый из которых анализирует определенный аспект ценового действия и волатильности. По умолчанию все модули включены, за исключением модуля Adaptive BBTrend, который остается выключенным, если его специально не активировать.
Обзор модулей
1. BBTrend (Базовый модуль)
- Назначение: Рассчитывает разницу между абсолютными разностями верхней и нижней линий полос Боллинджера для короткого и длинного периодов.
- Принцип работы: Сравнивая дивергенцию полос для двух разных временных периодов, модуль предоставляет информацию о силе тренда. Положительное значение может свидетельствовать о бычьем тренде, а отрицательное — о медвежьем.
2. BB Expansion (Анализ волатильности)
- Назначение: Оценивает волатильность рынка путем сравнения ширины полос Боллинджера для короткого и длинного периодов.
- Принцип работы: Увеличение ширины короткого периода по сравнению с длинным сигнализирует об увеличении волатильности и расширении тренда. Динамическая раскраска помогает визуально интерпретировать изменения волатильности.
3. BB Momentum Trend (Анализ наклона)
- Назначение: Анализирует моментум рынка путем оценки наклона (темпа изменения) средней линии полос Боллинджера для короткого периода.
- Принцип работы: Положительный наклон указывает на бычий моментум, а отрицательный — на медвежий, что помогает оценить скорость изменения тренда.
4. Adaptive BBTrend (Адаптивный расчет)
- Назначение: Динамически корректирует периоды расчета полос Боллинджера с использованием Average True Range (ATR) для лучшей адаптации к изменяющейся волатильности рынка.
- Принцип работы: Вычисляется адаптивный коэффициент на основе ATR относительно цены закрытия, после чего пересчитываются короткий и длинный периоды. Такой подход позволяет индикатору быть более чувствительным в условиях высокой волатильности. Примечание: Модуль по умолчанию выключен.
5. Volume-Weighted BBTrend (Объёмно-взвешенный расчет)
- Назначение: Включает объем торгов в расчет BBTrend для уточнения сигнала тренда.
- Принцип работы: Модуль применяет объемное взвешивание, придавая больший вес барам с высоким объемом. Это позволяет получить более точное представление о настроениях рынка, когда высокий объем торговли усиливает сигнал тренда.
M-oscillator
Melody Markets RSI UT+🎵 Melody Markets RSI UT+ – The Reinvented RSI Indicator 🎵
📌 Indicator Description
The Melody Markets RSI UT+ takes the Relative Strength Index (RSI) to the next level by incorporating acceleration zones and the ability to display RSI levels from higher timeframes directly on the price chart.
Unlike traditional RSI indicators that appear in a separate window, Melody Markets RSI UT+ transforms RSI bands into dynamic levels around the price, making market analysis more intuitive and responsive.
🔍 Key Features
✅ RSI integrated into the main chart → No need for a separate window, the RSI is displayed as bands around the price.
✅ RSI Acceleration Zones → Detects bullish and bearish acceleration movements, highlighting price momentum.
✅ Multi-TF RSI Display → View RSI levels from higher timeframes (5min, 15min, 1H, 4H, D...) without switching charts.
✅ Automatic RSI Breakout Detection → Highlights reintegrations and breakouts of RSI boundaries to anticipate reversals.
✅ Fully Customizable → Enable/disable RSI levels, adjust colors and styles of RSI zones, and fine-tune indicator sensitivity.
✅ Built-in Alerts → Get notified when the price crosses a key RSI level or reintegrates an acceleration zone.
📖 How to Use Melody Markets RSI UT+?
1️⃣ Enable RSI Zones → Display RSI bands directly around the price to spot strength or weakness areas.
2️⃣ Identify RSI Accelerations → Colored zones highlight explosive bullish or bearish movements.
3️⃣ Track Higher TF RSI Levels → Enable RSI levels from higher timeframes (H1, H4, D...) to identify key support and resistance zones.
4️⃣ Use RSI Alerts → Get instant notifications when a breakout or reintegration of an RSI level occurs.
5️⃣ Refine Your Entries & Exits → Combine this indicator with other technical tools to confirm your trading decisions.
🎯 Who Is This Indicator For?
🔹 Scalpers & Day Traders → Huge time-saver with an RSI directly integrated into the main chart.
🔹 Swing Traders → Easily track key RSI levels without constantly switching timeframes.
🔹 Beginners & Advanced Traders → A more intuitive and fluid RSI reading, perfect for anticipating market moves.
🔥 Conclusion
Melody Markets RSI UT+ is a game-changing indicator that redefines how RSI is used in trading. Its seamless integration into the main chart, combined with higher TF visualization and acceleration zones, allows traders to make sharper decisions with unmatched clarity.
📌 Add it to your chart now and unlock a new way to trade RSI! 🚀
Stochastic and MACD HistogramStochastic-MACD Fusion Histogram (concept)
How It Works:
This indicator combines Stochastic Oscillator and MACD Histogram to create a unique momentum-tracking histogram. It blends stochastic-based overbought/oversold levels with MACD-based trend strength, helping traders identify potential reversals and trend momentum more effectively.
Stochastic Component: Measures where the price is relative to its recent range, highlighting overbought/oversold conditions.
MACD Component: Captures momentum shifts by calculating the difference between two EMAs and a signal line.
Fusion Algorithm: The MACD histogram is normalized and combined with the Stochastic %K using a weighted formula (60% Stoch, 40% MACD) to smooth fluctuations and improve signal clarity.
Usage:
Histogram Colors:
Blue / SkyBlue: Positive momentum increasing.
Red / LightRed: Negative momentum increasing.
Levels:
Overbought (>30): Potential selling pressure.
Oversold (<-30): Potential buying pressure.
Zero Line: Momentum shift zone.
Notes:
Best to combine it with others indicators for trend confirmation, like Moving Average, MACD, etc.
This indicator is good for quick entry/exit in futures market, from few seconds up to minutes.
It works well on 5 minutes candle. Regular Hours works better.
To sell wait for histogram to go OVER overbought level, once the first candle reach BELOW the overbought level hit sell. Same strategy for buy when it hits oversold level. Make sure you won't use the indicator alone.
Vortex OscillatorVortex Oscillator (VO)
The Vortex Oscillator is a normalized adaptation of the classic Vortex Indicator, designed to simplify trend identification and provide clearer trading signals. This enhanced version transforms the traditional dual-line Vortex Indicator into a single oscillator that ranges from 0-100, with 50 as the center line.
How It Works
The indicator measures the directional movement of price through two core components:
- Positive movement (VM+): Measures upward price movement
- Negative movement (VM-): Measures downward price movement
These components are normalized relative to the Average True Range (ATR) to create a single oscillator that fluctuates between 0 and 100:
- Values above 50 indicate bullish momentum (VM+ dominates)
- Values below 50 indicate bearish momentum (VM- dominates)
- Crossovers between the oscillator and its signal line identify potential entry and exit points
Key Features
- Normalized Scale: Easy-to-read 0-100 scale instead of the traditional dual-line format
- Adjustable Sensitivity: Choose between Low, Medium, and High sensitivity to match your trading style
- Signal Line: Uses a weighted moving average for signal generation
- Optional Trade Labels: Visual buy/sell signals directly on the chart
How to Use This Indicator
- Trend Direction: Values above 50 suggest bullish conditions, below 50 suggest bearish conditions
- Signal Line Crossovers: When the oscillator crosses above the signal line, consider long positions; when it crosses below, consider short positions
- Divergence: Look for divergence between price and the oscillator for potential trend reversals
- Sensitivity Adjustment: Use higher sensitivity for shorter timeframes or more active trading; lower sensitivity for longer-term positions
Limitations
- Like all momentum oscillators, this indicator may generate false signals during ranging markets
- Performance is best when used in conjunction with other technical analysis tools
- The indicator has slight lag due to its smoothing components
Settings Explanation
- Length: The period used for calculating the Vortex components (default: 9)
- Sensitivity: Adjusts how quickly the oscillator responds to price changes (default: Medium)
- Signal Line Length: The period for the signal line (default: 6)
- Signal Line MA Type: The moving average type for the signal line (default: WMA)
- Show Trading Labels: Option to display buy/sell labels directly on the chart
For optimal results, consider using this oscillator alongside trend identification tools and support/resistance levels.
ADR Checker - Breakouts📈 ADR Checker – Breakouts
Gain the edge by knowing when a stock has already made its move.
🚀 What It Does:
The ADR Checker - Breakouts is a powerful yet simple visual tool that helps traders instantly assess whether a stock has already exceeded its Average Daily Range (ADR) for the day — a critical piece of information for momentum traders, swing traders, and especially those following breakout, VCP, or CANSLIM strategies.
Using a customizable on-screen table that always stays in view (regardless of zoom or chart scaling), this script shows:
✅ Average ADR% – 20-day average range, calculated in %.
📊 Today’s Move – how much the stock has moved today.
🔥 % of Avg ADR – today's move relative to its historical average, with live color feedback:
🟥 Over 100% (Overextended – danger!)
🟧 70-100% (Caution zone)
🟩 Below 70% (Room to move)
💡 Why It Matters:
One of the most overlooked mistakes by breakout traders is entering a trade after the move has already happened. If a stock has already moved more than its typical daily range, the odds of further continuation sharply decrease, while the risk of pullback or chop increases.
With this tool, you can:
🚫 Avoid chasing extended breakouts
🎯 Time entries before the real move
⚠️ Quickly assess risk/reward potential intraday
🧠 Example Use Case:
Imagine you're watching a classic VCP setup or flat base breakout. The stock breaks out on volume—but when you check this indicator, you see:
Today’s Move: 7.2%
Avg ADR: 5.3%
% of ADR: 135% 🟥
This tells you the stock is already well beyond its average daily range. While it may continue higher, odds now favor a consolidation, shakeout, or pullback. This is your cue to wait for a better entry or pass entirely.
On the flip side, if the breakout just started and the % of ADR is still under 50%, you have confirmation that there’s room to run — giving you more confidence to enter early.
⚙️ Fully Customizable:
Choose position on screen (top/bottom left/right)
Customize text color, background, and size
🔧 Install This Tool and:
✅ Stop chasing extended moves
✅ Add discipline to your entries
✅ Improve your breakout win rate
Perfect for VCP, CANSLIM, and BREAKOUT traders who want a clean, edge-enhancing visual guide.
TMO (True Momentum Oscillator)TMO ((T)rue (M)omentum (O)scilator)
Created by Mobius V01.05.2018 TOS Convert to TV using Claude 3.7 and ChatGPT 03 Mini :
TMO calculates momentum using the delta of price. Giving a much better picture of trend, tend reversals and divergence than momentum oscillators using price.
True Momentum Oscillator (TMO)
The True Momentum Oscillator (TMO) is a momentum-based technical indicator designed to identify trend direction, trend strength, and potential reversal points in the market. It's particularly useful for spotting overbought and oversold conditions, aiding traders in timing their entries and exits.
How it Works:
The TMO calculates market momentum by analyzing recent price action:
Momentum Calculation:
For a user-defined length (e.g., 14 bars), TMO compares the current closing price to past open prices. It assigns:
+1 if the current close is greater than the open price of the past bar (indicating bullish momentum).
-1 if it's less (indicating bearish momentum).
0 if there's no change.
The sum of these scores gives a raw momentum measure.
EMA Smoothing:
To reduce noise and false signals, this raw momentum is smoothed using Exponential Moving Averages (EMAs):
First, the raw data is smoothed by an EMA over a short calculation period (default: 5).
Then, it undergoes additional smoothing through another EMA (default: 3 bars), creating the primary "Main" line of the indicator.
Lastly, a "Signal" line is derived by applying another EMA (also default: 3 bars) to the main line, adding further refinement.
Trend Identification:
The indicator plots two lines:
Main Line: Indicates current momentum strength and direction.
Signal Line: Acts as a reference line, similar to a moving average crossover system.
When the Main line crosses above the Signal line, it suggests strengthening bullish momentum. Conversely, when the Main line crosses below the Signal line, it indicates increasing bearish momentum.
Overbought/Oversold Levels:
The indicator identifies key levels based on the chosen length parameter:
Overbought zone (positive threshold): Suggests the market might be overheated, and a potential bearish reversal or pullback could occur.
Oversold zone (negative threshold): Suggests the market might be excessively bearish, signaling a potential bullish reversal.
Clouds visually mark these overbought/oversold areas, making it easy to see potential reversal zones.
Trading Applications:
Trend-following: Traders can enter positions based on crossovers of the Main and Signal lines.
Reversals: The overbought and oversold areas highlight high-probability reversal points.
Momentum confirmation: Use TMO to confirm price action or other technical signals, improving trade accuracy and timing.
The True Momentum Oscillator provides clarity in identifying momentum shifts, making it a valuable addition to various trading strategies.
Choppiness IndicatorE.W. Dreiss, an Australian commodity trader, developed the Choppiness Index in 1993, drawing upon chaos theory to analyze financial markets. This technical indicator helps traders determine whether a market is trending or experiencing sideways (choppy) price action.
#Hint: The Market is considered TRENDING when the index is below 38.2 The Market is considered CHOPPY when the index is above 61.8. A move above the 38.2 Level indicates a possible end to a trend, and a move below 61.8 indicates a possible breakout from a period of consolidation.
Mobius constructed this in Thinkscript V001.03.2012, and Claude 3.7 Sonnet converted it to Pinescript V002. 03.2025
The Market is considered TRENDING when the index is below 38.2 The Market is considered CHOPPY when the index is above 61.8. A move above the 38.2 Level indicates a possible end to a trend, and a move below 61.8 indicates a potential breakout from a period of consolidation.
Integrated Reversal & Divergence DetectionThe Integrated Reversal & Divergence Detection indicator (IntgRevDiv) combines two powerful technical analysis systems into one comprehensive tool:
Advanced Reversal Detection System: Identifies potential market reversals using volume analysis, RSI divergence, and smart money techniques.
Divergence Indicator System: Detects regular and hidden divergences using multiple technical indicators and fractal patterns.
This integration provides confirmation from multiple analysis methods, resulting in higher quality trading signals.
Divergence Lines
When System B detects divergences, it draws lines connecting the relevant price pivots:
Green Lines: Connect bullish divergence pivot points.
Red Lines: Connect bearish divergence pivot points.
Information Tables
The indicator displays two information tables:
System A Table (Bottom Right):
Current signal status (BUY/SELL/NEUTRAL)
Volume, RSI, and SMT divergence status.
Composite signal information.
Divergence Table (Top Right):
Divergence existence indicators (+/-).
Consecutive divergence count.
Divergence quality rating.
Phase change indicators.
This system analyzes multiple factors to detect potential market reversals:
Volume Delta Analysis:
Calculates the difference between buying and selling volume.
Detects divergence between price action and volume.
When price increases but volume decreases, it may signal weakness.
RSI Divergence Detection:
Regular Divergence: Price makes a higher high but RSI makes a lower high (bearish) or price makes a lower low but RSI makes a higher low (bullish).
Hidden Divergence: Price makes a lower high but RSI makes a higher high (bearish) or price makes a higher low but RSI makes a lower low (bullish).
Smart Money Technique (SMT):
Analyzes correlation between the current instrument and a reference symbol.
Detects divergence in the correlation that may signal institutional activity.
Balance Range & Momentum Detection:
Identifies periods of price balance before breakouts.
Detects rapid price movements that may indicate reversals.
This system also focuses exclusively on detecting divergences using:
Multiple Technical Indicators:
MACD: Momentum and trend-following indicator.
Awesome Oscillator (AO): Momentum indicator.
RSI: Oscillator showing overbought/oversold conditions.
Fractal Pattern Detection:
Identifies swing highs and lows using fractals.
Uses these pivot points to detect divergences.
Phase Change Monitoring:
Detects when the histogram switches from positive to negative or vice versa.
Provides additional confirmation of trend changes.
Consecutive Divergence Tracking:
Counts consecutive bullish/bearish divergences.
Assigns quality ratings based on the count:
1 divergence: "Normal Dive".
2 divergences: "Good Dive".
3+ divergences: "Strong Dive".
Multi-Timeframe Analysis:
Apply the indicator to multiple timeframes.
Look for alignment of signals across timeframes.
Use longer timeframes for trend direction, shorter for entry timing.
Signal Filtering Based on Quality:
For higher probability trades, only take signals when:
Divergence quality shows "Good" or "Strong".
Phase change indicators show "+" in the direction of your trade.
Multiple divergence types (Volume, RSI, SMT) show agreement.
Combining with Support/Resistance:
Use the indicator's signals near key support/resistance levels.
Buy signals near support areas have higher probability.
Sell signals near resistance areas have higher probability.
Market Regime Adaptation:
I n trending markets: Focus on hidden divergences and SMT.
In ranging markets: Focus on regular divergences and RSI.
In high volatility: Increase the Volume Delta Threshold.
In low volatility: Decrease the Fractal Periods.
Signal Combination Logic Selection:
For fewer but higher quality signals: Use "Consensus" mode.
For more trading opportunities: Use "Enhanced" mode.
To emphasize price action reversals: Use "System A Priority".
To emphasize technical divergences: Use "System B Priority".
Market-Specific Adjustments:
Stocks/Indices: Focus on Volume Delta and RSI divergence.
Forex: Emphasize SMT and RSI divergence.
Crypto: Balance all three with slightly higher weight on Volume.
Commodities: Focus on MACD for divergence detection.
This indicator provides multiple layers of market analysis through its integrated approach. By understanding each component's function and how they work together, you can develop a nuanced trading strategy that takes advantage of high-probability reversal and divergence setups across various market conditions.
SMIIOLThis indicator generates long signals.
The operation of the indicator is as follows;
First, true strength index is calculated with closing prices. We call this the "ergodic" curve.
Then the average of the ergodic (ema) is calculated to obtain the "signal" curve.
To calculate the "oscillator", the signal is subtracted from ergodic (oscillator = ergodic - signal).
The last variable to be used in the calculation is the average volume, calculated with sma.
Calculation for long signal;
- If the ergodic curve cross up the lower band and,
- If the hma slope is positive,
If all the above conditions are fullfilled, the long input signal is issued with "Buy" label.
Dynamic Volume Profile Oscillator | AlphaAlgosDynamic Volume Profile Oscillator | AlphaAlgos
Overview
The Dynamic Volume Profile Oscillator is an advanced technical analysis tool that transforms traditional volume analysis into a responsive oscillator. By creating a dynamic volume profile and measuring price deviation from volume-weighted equilibrium levels, this indicator provides traders with powerful insights into market momentum and potential reversals.
Key Features
• Volume-weighted price deviation analysis
• Adaptive midline that adjusts to changing market conditions
• Beautiful gradient visualization with 10-level intensity zones
• Fast and slow signal lines for trend confirmation
• Mean reversion mode that identifies price extremes relative to volume
• Fully customizable sensitivity and smoothing parameters
Technical Components
1. Volume Profile Analysis
The indicator builds a dynamic volume profile by:
• Collecting recent price and volume data within a specified lookback period
• Calculating a volume-weighted mean price (similar to VWAP)
• Measuring how far current price has deviated from this weighted average
• Adjusting this deviation based on historical volatility
2. Oscillator Calculation
The oscillator offers two calculation methods:
• Mean Reversion Mode (default): Measures deviation from volume-weighted mean price, normalized to reflect potential overbought/oversold conditions
• Standard Mode : Normalizes volume activity to identify unusual volume patterns
3. Adaptive Zones
The indicator features dynamic zones that:
• Center around an adaptive midline that reflects the average oscillator value
• Expand and contract based on recent volatility (standard deviation)
• Visually represent intensity through multi-level gradient coloring
• Provide clear visualization of bullish/bearish extremes
4. Signal Generation
Trading signals are generated through:
• Main oscillator line position relative to the adaptive midline
• Crossovers between fast (5-period) and slow (15-period) signal lines
• Color changes that instantly identify trend direction
• Distance from the midline indicating trend strength
Configuration Options
Volume Analysis Settings:
• Price Source - Select which price data to analyze
• Volume Source - Define volume data source
• Lookback Period - Number of bars for main calculations
• Profile Calculation Periods - Frequency of profile recalculation
Oscillator Settings:
• Smoothing Length - Controls oscillator smoothness
• Sensitivity - Adjusts responsiveness to price/volume changes
• Mean Reversion Mode - Toggles calculation methodology
Threshold Settings:
• Adaptive Midline - Uses dynamic midline based on historical values
• Midline Period - Lookback period for midline calculation
• Zone Width Multiplier - Controls width of bullish/bearish zones
Display Settings:
• Color Bars - Option to color price bars based on trend direction
Trading Strategies
Trend Following:
• Enter long positions when the oscillator crosses above the adaptive midline
• Enter short positions when the oscillator crosses below the adaptive midline
• Use signal line crossovers for entry timing
• Monitor gradient intensity to gauge trend strength
Mean Reversion Trading:
• Look for oscillator extremes shown by intense gradient colors
• Prepare for potential reversals when the oscillator reaches upper/lower zones
• Use divergences between price and oscillator for confirmation
• Consider scaling positions based on gradient intensity
Volume Analysis:
• Use Standard Mode to identify unusual volume patterns
• Confirm breakouts when accompanied by strong oscillator readings
• Watch for divergences between price and volume-based readings
• Use extended periods in extreme zones as trend confirmation
Best Practices
• Adjust sensitivity based on the asset's typical volatility
• Use longer smoothing for swing trading, shorter for day trading
• Combine with support/resistance levels for optimal entry/exit points
• Consider multiple timeframe analysis for comprehensive market view
• Test different profile calculation periods to match your trading style
This indicator is provided for informational purposes only. Always use proper risk management when trading based on any technical indicator. Not financial advise.
Multi-Oscillator Adaptive Kernel | AlphaAlgosMulti-Oscillator Adaptive Kernel | AlphaAlgos
Overview
The Multi-Oscillator Adaptive Kernel (MOAK) is an advanced technical analysis tool that combines multiple oscillators through sophisticated kernel-based smoothing algorithms. This indicator is designed to provide clearer trend signals while filtering out market noise, offering traders a comprehensive view of market momentum across multiple timeframes.
Key Features
• Fusion of multiple technical oscillators (RSI, Stochastic, MFI, CCI)
• Advanced kernel smoothing technology with three distinct mathematical models
• Customizable sensitivity and lookback periods
• Clear visual signals for trend shifts and reversals
• Overbought/oversold zones for precise entry and exit timing
• Adaptive signal that responds to varying market conditions
Technical Components
The MOAK indicator utilizes a multi-layer approach to signal generation:
1. Oscillator Fusion
The core of the indicator combines normalized readings from up to four popular oscillators:
• RSI (Relative Strength Index) - Measures the speed and change of price movements
• Stochastic - Compares the closing price to the price range over a specific period
• MFI (Money Flow Index) - Volume-weighted RSI that includes trading volume
• CCI (Commodity Channel Index) - Measures current price level relative to an average price
2. Kernel Smoothing
The combined oscillator data is processed through one of three kernel functions:
• Exponential Kernel - Provides stronger weighting to recent data with exponential decay
• Linear Kernel - Applies a linear weighting from most recent to oldest data points
• Gaussian Kernel - Uses a bell curve distribution that helps filter out extreme values
3. Dual Signal Lines
• Fast Signal Line - Responds quickly to price changes
• Slow Signal Line - Provides confirmation and shows the underlying trend direction
Configuration Options
Oscillator Selection:
• Enable/disable each oscillator (RSI, Stochastic, MFI, CCI)
• Customize individual lookback periods for each oscillator
Kernel Settings:
• Kernel Type - Choose between Exponential, Linear, or Gaussian mathematical models
• Kernel Length - Adjust the smoothing period (higher values = smoother line)
• Sensitivity - Fine-tune the indicator's responsiveness (higher values = more responsive)
Display Options:
• Color Bars - Toggle price bar coloring based on indicator direction
How to Interpret the Indicator
Signal Line Direction:
• Upward movement (teal) indicates bullish momentum
• Downward movement (magenta) indicates bearish momentum
Trend Shifts:
• Small circles mark the beginning of new uptrends
• X-marks indicate the start of new downtrends
Overbought/Oversold Conditions:
• Values above +50 suggest overbought conditions (potential reversal or pullback)
• Values below -50 suggest oversold conditions (potential reversal or bounce)
Trading Strategies
Trend Following:
• Enter long positions when the signal line turns teal and shows an uptrend
• Enter short positions when the signal line turns magenta and shows a downtrend
• Use the slow signal line (area fill) as confirmation of the underlying trend
Counter-Trend Trading:
• Look for divergences between price and the indicator
• Consider profit-taking when the indicator reaches overbought/oversold areas
• Wait for trend shift signals before entering counter-trend positions
Multiple Timeframe Analysis:
• Use the indicator across different timeframes for confirmation
• Higher timeframe signals carry more weight than lower timeframe signals
Best Practices
• Experiment with different kernel types for various market conditions
• Gaussian kernels often work well in ranging markets
• Exponential kernels can provide earlier signals in trending markets
• Combine with volume analysis for higher probability trades
• Use appropriate stop-loss levels as the indicator does not guarantee price movements
This indicator is provided as-is with no guarantees of profit. Always use proper risk management when trading with any technical indicator. Nothing is financial advise.
Smart Liquidity Wave [The_lurker]"Smart Liquidity Wave" هو مؤشر تحليلي متطور يهدف لتحديد نقاط الدخول والخروج المثلى بناءً على تحليل السيولة، قوة الاتجاه، وإشارات السوق المفلترة. يتميز المؤشر بقدرته على تصنيف الأدوات المالية إلى أربع فئات سيولة (ضعيفة، متوسطة، عالية، عالية جدًا)، مع تطبيق شروط مخصصة لكل فئة تعتمد على تحليل الموجات السعرية، الفلاتر المتعددة، ومؤشر ADX.
فكرة المؤشر
الفكرة الأساسية هي الجمع بين قياس السيولة اليومية الثابتة وتحليل ديناميكي للسعر باستخدام فلاتر متقدمة لتوليد إشارات دقيقة. المؤشر يركز على تصفية الضوضاء في السوق من خلال طبقات متعددة من التحليل، مما يجعله أداة ذكية تتكيف مع الأدوات المالية المختلفة بناءً على مستوى سيولتها.
طريقة عمل المؤشر
1- قياس السيولة:
يتم حساب السيولة باستخدام متوسط حجم التداول على مدى 14 يومًا مضروبًا في سعر الإغلاق، ويتم ذلك دائمًا على الإطار الزمني اليومي لضمان ثبات القيمة بغض النظر عن الإطار الزمني المستخدم في الرسم البياني.
يتم تصنيف السيولة إلى:
ضعيفة: أقل من 5 ملايين (قابل للتعديل).
متوسطة: من 5 إلى 20 مليون.
عالية: من 20 إلى 50 مليون.
عالية جدًا: أكثر من 50 مليون.
هذا الثبات في القياس يضمن أن تصنيف السيولة لا يتغير مع تغير الإطار الزمني، مما يوفر أساسًا موثوقًا للإشارات.
2- تحليل الموجات السعرية:
يعتمد المؤشر على تحليل الموجات باستخدام متوسطات متحركة متعددة الأنواع (مثل SMA، EMA، WMA، HMA، وغيرها) يمكن للمستخدم اختيارها وتخصيص فتراتها ، يتم دمج هذا التحليل مع مؤشرات إضافية مثل RSI (مؤشر القوة النسبية) وMFI (مؤشر تدفق الأموال) بوزن محدد (40% للموجات، 30% لكل من RSI وMFI) للحصول على تقييم شامل للاتجاه.
3- الفلاتر وطريقة عملها:
المؤشر يستخدم نظام فلاتر متعدد الطبقات لتصفية الإشارات وتقليل الضوضاء، وهي من أبرز الجوانب المخفية التي تعزز دقته:
الفلتر الرئيسي (Main Filter):
يعمل على تنعيم التغيرات السعرية السريعة باستخدام معادلة رياضية تعتمد على تحليل الإشارات (Signal Processing).
يتم تطبيقه على السعر لاستخراج الاتجاهات الأساسية بعيدًا عن التقلبات العشوائية، مع فترة زمنية قابلة للتعديل (افتراضي: 30).
يستخدم تقنية مشابهة للفلاتر عالية التردد (High-Pass Filter) للتركيز على الحركات الكبيرة.
الفلتر الفرعي (Sub Filter):
يعمل كطبقة ثانية للتصفية، مع فترة أقصر (افتراضي: 12)، لضبط الإشارات بدقة أكبر.
يستخدم معادلات تعتمد على الترددات المنخفضة للتأكد من أن الإشارات الناتجة تعكس تغيرات حقيقية وليست مجرد ضوضاء.
إشارة الزناد (Signal Trigger):
يتم تطبيق متوسط متحرك على نتائج الفلتر الرئيسي لتوليد خط إشارة (Signal Line) يُقارن مع عتبات محددة للدخول والخروج.
يمكن تعديل فترة الزناد (افتراضي: 3 للدخول، 5 للخروج) لتسريع أو تبطيء الإشارات.
الفلتر المربع (Square Filter):
خاصية مخفية تُفعّل افتراضيًا تعزز دقة الفلاتر عن طريق تضييق نطاق التذبذبات المسموح بها، مما يقلل من الإشارات العشوائية في الأسواق المتقلبة.
4- تصفية الإشارات باستخدام ADX:
يتم استخدام مؤشر ADX كفلتر نهائي للتأكد من قوة الاتجاه قبل إصدار الإشارة:
ضعيفة ومتوسطة: دخول عندما يكون ADX فوق 40، خروج فوق 50.
عالية: دخول فوق 40، خروج فوق 55.
عالية جدًا: دخول فوق 35، خروج فوق 38.
هذه العتبات قابلة للتعديل، مما يسمح بتكييف المؤشر مع استراتيجيات مختلفة.
5- توليد الإشارات:
الدخول: يتم إصدار إشارة شراء عندما تنخفض خطوط الإشارة إلى ما دون عتبة محددة (مثل -9) مع تحقق شروط الفلاتر، السيولة، وADX.
الخروج: يتم إصدار إشارة بيع عندما ترتفع الخطوط فوق عتبة (مثل 109 أو 106 حسب الفئة) مع تحقق الشروط الأخرى.
تُعرض الإشارات بألوان مميزة (أزرق للدخول، برتقالي للضعيفة والمتوسطة، أحمر للعالية والعالية جدًا) وبثلاثة أحجام (صغير، متوسط، كبير).
6- عرض النتائج:
يظهر مستوى السيولة الحالي في جدول في أعلى يمين الرسم البياني، مما يتيح للمستخدم معرفة فئة الأصل بسهولة.
7- دعم التنبيهات:
تنبيهات فورية لكل فئة سيولة، مما يسهل التداول الآلي أو اليدوي.
%%%%% الجوانب المخفية في الكود %%%%%
معادلات الفلاتر المتقدمة: يستخدم المؤشر معادلات رياضية معقدة مستوحاة من معالجة الإشارات لتنعيم البيانات واستخراج الاتجاهات، مما يجعله أكثر دقة من المؤشرات التقليدية.
التكيف التلقائي: النظام يضبط نفسه داخليًا بناءً على التغيرات في السعر والحجم، مع عوامل تصحيح مخفية (مثل معامل التنعيم في الفلاتر) للحفاظ على الاستقرار.
التوزيع الموزون: الدمج بين الموجات، RSI، وMFI يتم بأوزان محددة (40%، 30%، 30%) لضمان توازن التحليل، وهي تفاصيل غير ظاهرة مباشرة للمستخدم لكنها تؤثر على النتائج.
الفلتر المربع: خيار مخفي يتم تفعيله افتراضيًا لتضييق نطاق الإشارات، مما يقلل من التشتت في الأسواق ذات التقلبات العالية.
مميزات المؤشر
1- فلاتر متعددة الطبقات: تضمن تصفية الضوضاء وإنتاج إشارات موثوقة فقط.
2- ثبات السيولة: قياس السيولة اليومي يجعل التصنيف متسقًا عبر الإطارات الزمنية.
3- تخصيص شامل: يمكن تعديل حدود السيولة، عتبات ADX، فترات الفلاتر، وأنواع المتوسطات المتحركة.
4- إشارات مرئية واضحة: تصميم بصري يسهل التفسير مع تنبيهات فورية.
5- تقليل الإشارات الخاطئة: الجمع بين الفلاتر وADX يعزز الدقة ويقلل من التشتت.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView.
#### **What is the Smart Liquidity Wave Indicator?**
"Smart Liquidity Wave" is an advanced analytical indicator designed to identify optimal entry and exit points based on liquidity analysis, trend strength, and filtered market signals. It stands out with its ability to categorize financial instruments into four liquidity levels (Weak, Medium, High, Very High), applying customized conditions for each category based on price wave analysis, multi-layered filters, and the ADX (Average Directional Index).
#### **Concept of the Indicator**
The core idea is to combine a stable daily liquidity measurement with dynamic price analysis using sophisticated filters to generate precise signals. The indicator focuses on eliminating market noise through multiple analytical layers, making it an intelligent tool that adapts to various financial instruments based on their liquidity levels.
#### **How the Indicator Works**
1. **Liquidity Measurement:**
- Liquidity is calculated using the 14-day average trading volume multiplied by the closing price, always based on the daily timeframe to ensure value consistency regardless of the chart’s timeframe.
- Liquidity is classified as:
- **Weak:** Less than 5 million (adjustable).
- **Medium:** 5 to 20 million.
- **High:** 20 to 50 million.
- **Very High:** Over 50 million.
- This consistency in measurement ensures that liquidity classification remains unchanged across different timeframes, providing a reliable foundation for signals.
2. **Price Wave Analysis:**
- The indicator relies on wave analysis using various types of moving averages (e.g., SMA, EMA, WMA, HMA, etc.), which users can select and customize in terms of periods.
- This analysis is integrated with additional indicators like RSI (Relative Strength Index) and MFI (Money Flow Index), weighted specifically (40% waves, 30% RSI, 30% MFI) to provide a comprehensive trend assessment.
3. **Filters and Their Functionality:**
- The indicator employs a multi-layered filtering system to refine signals and reduce noise, a key hidden feature that enhances its accuracy:
- **Main Filter:**
- Smooths rapid price fluctuations using a mathematical equation rooted in signal processing techniques.
- Applied to price data to extract core trends away from random volatility, with an adjustable period (default: 30).
- Utilizes a technique similar to high-pass filters to focus on significant movements.
- **Sub Filter:**
- Acts as a secondary filtering layer with a shorter period (default: 12) for finer signal tuning.
- Employs low-frequency-based equations to ensure resulting signals reflect genuine changes rather than mere noise.
- **Signal Trigger:**
- Applies a moving average to the main filter’s output to generate a signal line, compared against predefined entry and exit thresholds.
- Trigger period is adjustable (default: 3 for entry, 5 for exit) to speed up or slow down signals.
- **Square Filter:**
- A hidden feature activated by default, enhancing filter precision by narrowing the range of permissible oscillations, reducing random signals in volatile markets.
4. **Signal Filtering with ADX:**
- ADX is used as a final filter to confirm trend strength before issuing signals:
- **Weak and Medium:** Entry when ADX exceeds 40, exit above 50.
- **High:** Entry above 40, exit above 55.
- **Very High:** Entry above 35, exit above 38.
- These thresholds are adjustable, allowing the indicator to adapt to different trading strategies.
5. **Signal Generation:**
- **Entry:** A buy signal is triggered when signal lines drop below a specific threshold (e.g., -9) and conditions for filters, liquidity, and ADX are met.
- **Exit:** A sell signal is issued when signal lines rise above a threshold (e.g., 109 or 106, depending on the category) with all conditions satisfied.
- Signals are displayed in distinct colors (blue for entry, orange for Weak/Medium, red for High/Very High) and three sizes (small, medium, large).
6. **Result Display:**
- The current liquidity level is shown in a table at the top-right of the chart, enabling users to easily identify the asset’s category.
7. **Alert Support:**
- Instant alerts are provided for each liquidity category, facilitating both automated and manual trading.
#### **Hidden Aspects in the Code**
- **Advanced Filter Equations:** The indicator uses complex mathematical formulas inspired by signal processing to smooth data and extract trends, making it more precise than traditional indicators.
- **Automatic Adaptation:** The system internally adjusts based on price and volume changes, with hidden correction factors (e.g., smoothing coefficients in filters) to maintain stability.
- **Weighted Distribution:** The integration of waves, RSI, and MFI uses fixed weights (40%, 30%, 30%) for balanced analysis, a detail not directly visible but impactful on results.
- **Square Filter:** A hidden option, enabled by default, narrows signal range to minimize dispersion in high-volatility markets.
#### **Indicator Features**
1. **Multi-Layered Filters:** Ensures noise reduction and delivers only reliable signals.
2. **Liquidity Stability:** Daily liquidity measurement keeps classification consistent across timeframes.
3. **Comprehensive Customization:** Allows adjustments to liquidity thresholds, ADX levels, filter periods, and moving average types.
4. **Clear Visual Signals:** User-friendly design with easy-to-read visuals and instant alerts.
5. **Reduced False Signals:** Combining filters and ADX enhances accuracy and minimizes clutter.
#### **Disclaimer**
The information and publications are not intended to be, nor do they constitute, financial, investment, trading, or other types of advice or recommendations provided or endorsed by TradingView.
Dynamic Regression Divergence (DRD)The Dynamic Regression Divergence (DRD) indicator is an adaptive oscillator designed to assess the deviation of the current price from its expected trend, as determined by linear regression. It calculates a regression line over a specified period and measures the difference between the actual price (e.g., the closing price) and the regression value, normalizing this deviation by the current market volatility (using standard deviation). The resulting value is displayed as an oscillator oscillating around zero.
Signals:
– When the oscillator exceeds a positive threshold (e.g., +1.5 standard deviations), it may indicate overbought conditions and a potential trend reversal to the downside.
– Conversely, when the oscillator falls below a negative threshold (e.g., -1.5 standard deviations), it signals oversold conditions and a possible reversal to the upside.
Advantages:
– Dynamic adaptation to changing market volatility.
– Simplicity of implementation using basic mathematical functions in Pine Script.
– A unique combination of trend analysis and normalized divergence measurement, helping traders identify moments of abnormal price behavior.
Индикатор Dynamic Regression Divergence (DRD) – это адаптивный осциллятор, разработанный для оценки отклонения цены от ожидаемой тенденции, полученной с помощью линейной регрессии. Он рассчитывает регрессионную линию на выбранном периоде и измеряет разницу между фактической ценой (например, ценой закрытия) и значением регрессии, нормируя её на основе текущей волатильности (с использованием стандартного отклонения). Полученное значение отображается в виде осциллятора, колеблющегося вокруг нуля.
Сигналы:
– Если осциллятор значительно превышает положительный порог (например, +1,5 стандартных отклонений), это может указывать на перекупленность и потенциальный разворот вниз.
– Если осциллятор опускается ниже отрицательного порога (например, -1,5 стандартных отклонений), это сигнализирует о перепроданности и возможном развороте вверх.
Преимущества:
– Динамичная адаптация к изменяющейся волатильности рынка.
– Простота реализации с использованием базовых математических функций Pine Script.
– Уникальное сочетание трендового анализа и нормировки отклонений, позволяющее трейдерам выявлять моменты аномального поведения цены.
EMA Clouds with Strict Buy/Sell SignalsEMA Clouds with Strict Buy/Sell Signals - Precision Trading Unleashed
Unlock the power of trend-following precision with the EMA Clouds with Strict Buy/Sell Signals indicator, a sophisticated tool built for traders who demand reliability and clarity in their decision-making. Inspired by the legendary Ripster EMA Clouds, this indicator takes the classic cloud concept to the next level by incorporating stricter, high-confidence signals—perfect for navigating the markets on 15-minute or higher timeframes.
Why You’ll Want This on Your Chart:
Dual EMA Clouds for Crystal-Clear Trends: Watch as two dynamic clouds—formed by carefully paired Exponential Moving Averages (8/21 and 34/50)—paint a vivid picture of market momentum. The green short-term cloud and red long-term cloud provide an intuitive, at-a-glance view of trend direction and strength.
Stricter Signals, Fewer False Moves: Tired of chasing weak signals? This indicator only triggers buy and sell signals when the stars align: a cloud crossover (short-term crossing above or below long-term) and price confirmation above or below both clouds. The result? Fewer trades, higher conviction, and a cleaner chart.
Customizable Timeframe Power: Whether you’re a scalper on the 15-minute chart or a swing trader on the daily, tailor the clouds to your preferred higher timeframe (15min, 30min, 1hr, 4hr, or daily) for seamless integration into your strategy.
Visual Mastery Meets Actionable Alerts: Green buy triangles below the bars and red sell triangles above them make spotting opportunities effortless. Pair this with built-in alerts, and you’ll never miss a high-probability trade again.
How It Works:
Buy Signal: Triggers when the short-term cloud crosses above the long-term cloud and the price surges above both, signaling a robust bullish breakout.
Sell Signal: Activates when the short-term cloud dips below the long-term cloud and the price falls beneath both, confirming bearish dominance.
Cloud Visualization: The green cloud (8/21 EMA) tracks fast-moving trends, while the red cloud (34/50 EMA) anchors the broader market direction—together, they filter noise and spotlight tradable moves.
Why Traders Will Love It:
Designed for those who value precision over guesswork, this indicator cuts through market clutter to deliver signals you can trust. Whether you’re trading stocks, forex, crypto, or futures, its adaptability and strict logic make it a must-have tool for serious traders. Customize the EMA lengths, tweak the timeframe, and watch your edge sharpen.
Add EMA Clouds with Strict Buy/Sell Signals to your chart today and experience the confidence of trading with a tool that’s as disciplined as you are. Your next big move is waiting—don’t let it slip away.
GTC Liquidity OscillatorThe GTC Liquidity Oscillator is a groundbreaking tool in the realm of liquidity analysis, offering a first-of-it's-kind approach to market evaluation. Unlike traditional liquidity indicators that focus on isolated economic data, the GTC Liquidity Oscillator consolidates global Money Supply (M2) data from major economies and adjusts them using their corresponding exchange rates to create a unified liquidity measure.
What sets the GTC Liquidity Oscillator apart is its unique application to mean reversion trading. By transforming raw liquidity data into a smooth, oscillating value, it allows traders to visualize extreme liquidity conditions that often precede significant market shifts. The GTC Liquidity Oscillator excels at identifying moments when global liquidity conditions become overly stressed or excessively abundant—signals that have historically correlated with critical turning points in asset markets
Are you ready to harness the power of global liquidity like never before?
🌍 Why the GTC Liquidity Oscillator Is Different:
Unlike anything you’ve seen before, the GTC Liquidity Oscillator merges the Money Supply (M2) data from the largest economies on the planet—the USA, Europe, China, Japan, the UK, Canada, Australia, and India. It then transforms and consolidates this data into a single, powerful metric that exposes liquidity imbalances with precision.
💡 How It Works:
Forget cluttered indicators and noise. The GTC Liquidity Oscillator offers a crystal-clear, oscillating signal designed specifically for mean reversion traders. It highlights moments when global liquidity is stretched to extremes—an ideal setup for catching powerful reversals.
📈 Why You Need This Tool:
✅ First of Its Kind: No other indicator offers a comprehensive view of global liquidity, perfectly tuned for mean reversion trading.
✅ Perfect for Extreme Conditions: Identifies when liquidity levels become overly stressed or overly abundant, providing lucrative entry and exit signals.
✅ Works Across Markets: Stocks, forex, commodities, cryptocurrencies—you name it, the GTC Liquidity Oscillator enhances your trading strategy.
✅ Visual Clarity: Color-coded signals and smooth oscillation eliminate the guesswork, giving you a straightforward path to better trades.
🔥 How To Use It:
Identify Extremes: Look for the GTC Liquidity Oscillator entering overbought or oversold zones.
Time Your Entries & Exits: Capitalize on liquidity-driven market reversals before the crowd.
Stay Ahead of the Market: Use a global liquidity perspective to enhance your existing strategy or build a completely new one.
📌 Revolutionize Your Trading.
This is more than an indicator—it’s a global liquidity radar designed to give you a decisive edge in volatile markets. Whether you’re trading short-term reversals or looking for long-term opportunities, the GTC Liquidity Oscillator is your key to understanding how liquidity impacts price action.
👉 Don’t just trade. Trade with precision.
💥 Get the GTC Liquidity Oscillator now and start turning global liquidity insights into profits!
⚠️ Disclaimer:
The GTC Liquidity Oscillator is a powerful tool designed to enhance your market analysis by providing unique insights into global liquidity conditions. However, it is not a replacement for comprehensive market analysis or prudent risk management. Always combine this indicator with thorough research, technical analysis, and a well-structured trading plan. Past performance is not indicative of future results. Trade responsibly.
GTC Deviation Rainbow🚀 Introducing the GTC Deviation Rainbow: Your Ultimate Market Precision Tool
The GTC Deviation Rainbow is a powerful, all-in-one tool designed to pinpoint market extremes, detect mean reversion opportunities, and clarify trends with stunning accuracy. By visualizing multiple deviation bands, it reveals overbought and oversold conditions across all timeframes, giving you the insight you need to make confident, high-probability trades. The GTC Deviation Rainbow combines volatility analysis, mean reversion detection, and market trend clarity—all in one cutting-edge package.
🌈 What Makes the GTC Deviation Rainbow Revolutionary:
Unlike any other indicator available on the market, the GTC Deviation Rainbow offers a groundbreaking approach to market analysis. While most indicators focus on single metrics or basic oscillations, this tool visualizes layered deviation bands that provide a comprehensive view of market conditions. Its ability to simultaneously identify overbought and oversold states across multiple timeframes makes it an unparalleled resource for precision trading.
💡 Why This Indicator Stands Out:
The GTC Deviation Rainbow isn't just a tool—it's a strategy enhancer. Its unique ability to detect both micro and macro deviations offers powerful insights for scalpers, swing traders, and long-term investors alike. When the bands stretch too far from the mean, you know it's time to pay attention.
📈 Why You Need This Indicator:
✅ Comprehensive Market Analysis: Instantly identify when prices have deviated too far from their historical norms, signaling prime entry and exit points.
✅ Versatile Usage: Whether you’re looking for intraday reversals, swing trades, or long-term setups, the GTC Deviation Rainbow adapts to your trading style.
✅ Works Across Markets: From crypto and stocks to forex and commodities, this tool delivers clarity and precision everywhere.
✅ Visual Simplicity: Color-coded deviation bands eliminate guesswork, giving you straightforward, actionable insights.
🔥 How To Use It Effectively:
Spot Deviation Extremes: Watch for price interactions with outer deviation bands to find high-probability reversal zones.
Confirm Trends: Use the indicator to assess whether a price movement is a genuine trend or a temporary spike.
Align With Your Strategy: Combine the GTC Deviation Rainbow with your preferred methods to amplify your trading edge.
📌 Elevate Your Trading Game.
The GTC Deviation Rainbow Indicator isn't just another indicator—it's a powerful ally designed to keep you ahead of the market. Whether you’re hunting for short-term reversals or planning long-term moves, this tool will sharpen your edge like never before.
⚠️ Disclaimer:
The GTC Deviation Rainbow is a powerful tool designed to enhance your market analysis by providing unique insights. However, it is not a replacement for comprehensive market analysis or prudent risk management. Always combine our tools with thorough research, technical analysis, and a well-structured trading plan. Past performance is not indicative of future results. Trade responsibly.
TASC 2025.04 The Ultimate Oscillator█ OVERVIEW
This script implements an alternative, refined version of the Ultimate Oscillator (UO) designed to reduce lag and enhance responsiveness in momentum indicators, as introduced by John F. Ehlers in his article "Less Lag In Momentum Indicators, The Ultimate Oscillator" from the April 2025 edition of TASC's Traders' Tips .
█ CONCEPTS
In his article, Ehlers states that indicators are essentially filters that remove unwanted noise (i.e., unnecessary information) from market data. Simply put, they process a series of data to place focus on specific information, providing a different perspective on price dynamics. Various filter types attenuate different periodic signals within the data. For instance, a lowpass filter allows only low-frequency signals, a highpass filter allows only high-frequency signals, and a bandpass filter allows signals within a specific frequency range .
Ehlers explains that the key to removing indicator lag is to combine filters of different types in such a way that the result preserves necessary, useful signals while minimizing delay (lag). His proposed UltimateOscillator aims to maintain responsiveness to a specific frequency range by measuring the difference between two highpass filters' outputs. The oscillator uses the following formula:
UO = (HP1 - HP2) / RMS
Where:
HP1 is the first highpass filter.
HP2 is another highpass filter that allows only shorter wavelengths than the critical period of HP1.
RMS is the root mean square of the highpass filter difference, used as a scaling factor to standardize the output.
The resulting oscillator is similar to a bandpass filter , because it emphasizes wavelengths between the critical periods of the two highpass filters. Ehlers' UO responds quickly to value changes in a series, providing a responsive view of momentum with little to no lag.
█ USAGE
Ehlers' UltimateOscillator sets the critical periods of its highpass filters using two parameters: BandEdge and Bandwidth :
The BandEdge sets the critical period of the second highpass filter, which determines the shortest wavelengths in the response.
The Bandwidth is a multiple of the BandEdge used for the critical period of the first highpass filter, which determines the longest wavelengths in the response. Ehlers suggests that a Bandwidth value of 2 works well for most applications. However, traders can use any value above or equal to 1.4.
Users can customize these parameters with the "Bandwidth" and "BandEdge" inputs in the "Settings/Inputs" tab.
The script plots the UO calculated for the specified "Source" series in a separate pane, with a color based on the chart's foreground color. Positive UO values indicate upward momentum or trends, and negative UO values indicate the opposite.
Additionally, this indicator provides the option to display a "cloud" from 10 additional UO series with different settings for an aggregate view of momentum. The "Cloud" input offers four display choices: "Bandwidth", "BandEdge", "Bandwidth + BandEdge", or "None".
The "Bandwidth" option calculates oscillators with different Bandwidth values based on the main oscillator's setting. Likewise, the "BandEdge" option calculates oscillators with varying BandEdge values. The "Bandwidth + BandEdge" option calculates the extra oscillators with different values for both parameters.
When a user selects any of these options, the script plots the maximum and minimum oscillator values and fills their space with a color gradient. The fill color corresponds to the net sum of each UO's sign , indicating whether most of the UOs reflect positive or negative momentum. Green hues mean most oscillators are above zero, signifying stronger upward momentum. Red hues mean most are below zero, indicating stronger downward momentum.
Momentum Volume Divergence (MVD) EnhancedMomentum Volume Divergence (MVD) Enhanced is a powerful indicator that detects price-momentum divergences and momentum suppression for reversal trading. Optimized for XRP on 1D charts, it features dynamic lookbacks, ATR-adjusted thresholds, and SMA confirmation. Signals include strong divergences (triangles) and suppression warnings (crosses). Includes a detailed user guide—try it out and share your feedback!
Setup: Add to XRP 1D chart with defaults (mom_length_base=8, vol_length_base=10). Signals: Red triangle (sell), Green triangle (buy), Orange cross (bear warning), Yellow cross (bull warning). Confirm with 5-day SMA crossovers. See full guide for details!
Disclaimer: This indicator is for educational purposes only, not financial advice. Trading involves risk—use at your discretion.
Momentum Volume Divergence (MVD) Enhanced Indicator User Guide
Version: Pine Script v6
Designed for: TradingView
Recommended Use: XRP on 1-day (1D) chart
Date: March 18, 2025
Author: Herschel with assistance from Grok 3 (xAI)
Overview
The Momentum Volume Divergence (MVD) Enhanced indicator is a powerful tool for identifying price-momentum divergences and momentum suppression patterns on XRP’s 1-day (1D) chart. Plotted below the price chart, it provides clear visual signals to help traders spot potential reversals and trend shifts.
Purpose
Detect divergences between price and momentum for buy/sell opportunities.
Highlight momentum suppression as warnings of fading trends.
Offer actionable trading signals with intuitive markers.
Indicator Components
Main Plot
Volume-Weighted Momentum (vw_mom): Blue line showing momentum adjusted by volume.
Above 0 = bullish momentum.
Below 0 = bearish momentum.
Zero Line: Gray dashed line at 0, separating bullish/bearish zones.
Key Signals
Strong Bearish Divergence:
Marker: Red triangle at the top.
Meaning: Price makes a higher high, but momentum weakens, confirmed by a drop below the 5-day SMA.
Action: Potential sell/short signal.
Strong Bullish Divergence:
Marker: Green triangle at the bottom.
Meaning: Price makes a lower low, but momentum strengthens, confirmed by a rise above the 5-day SMA.
Action: Potential buy/long signal.
Bearish Suppression:
Marker: Orange cross at the top + red background.
Meaning: Strong bullish momentum with low volume in a volume downtrend, suggesting fading strength.
Action: Warning to avoid longs or exit early.
Bullish Suppression:
Marker: Yellow cross at the bottom + green background.
Meaning: Strong bearish momentum with low volume in a volume uptrend, suggesting fading weakness.
Action: Warning to avoid shorts or exit early.
Debug Plots (Optional)
Volume Ratio: Gray line (volume vs. its MA) vs. yellow line (threshold).
Momentum Threshold: Purple lines (positive/negative momentum cutoffs).
Smoothed Momentum: Orange line (raw momentum).
Confirmation SMA: Purple line (price trend confirmation).
Labels
Text labels (e.g., "Bear Div," "Bull Supp") mark detected patterns.
How to Use the Indicator
Step-by-Step Trading Process
1. Monitor the Chart
Load your XRP 1D chart with the indicator applied.
Observe the blue vw_mom line and signal markers.
2. Spot a Signal
Primary Signals: Look for red triangles (strong_bear) or green triangles (strong_bull).
Warnings: Note orange crosses (suppression_bear) or yellow crosses (suppression_bull).
3. Confirm the Signal
For Strong Bullish Divergence (Buy):
Green triangle appears.
Price closes above the 5-day SMA (purple line) and a recent swing high.
Optional: Volume ratio (gray line) exceeds the threshold (yellow line).
For Strong Bearish Divergence (Sell):
Red triangle appears.
Price closes below the 5-day SMA and a recent swing low.
Optional: Volume ratio (gray line) falls below the threshold (yellow line).
4. Enter the Trade
Long:
Buy at the close of the signal bar.
Stop loss: Below the recent swing low or 2 × ATR(14) below entry.
Short:
Sell/short at the close of the signal bar.
Stop loss: Above the recent swing high or 2 × ATR(14) above entry.
5. Manage the Trade
Take Profit:
Aim for a 2:1 or 3:1 risk-reward ratio (e.g., risk $0.05, target $0.10-$0.15).
Or exit when an opposite suppression signal appears (e.g., orange cross for longs).
Trailing Stop:
Move stop to breakeven after a 1:1 RR move.
Trail using the 5-day SMA or 2 × ATR(14).
Early Exit:
Exit if a suppression signal appears against your position (e.g., suppression_bull while short).
6. Filter Out Noise
Avoid trades if a suppression signal precedes a divergence within 2-3 days.
Optional: Add a 50-day SMA on the price chart:
Longs only if price > 50-SMA.
Shorts only if price < 50-SMA.
Example Trades (XRP 1D)
Bullish Trade
Signal: Green triangle (strong_bull) at $0.55.
Confirmation: Price closes above 5-SMA and $0.57 high.
Entry: Buy at $0.58.
Stop Loss: $0.53 (recent low).
Take Profit: $0.63 (2:1 RR) or exit on suppression_bear.
Outcome: Price hits $0.64, exit at $0.63 for profit.
Bearish Trade
Signal: Red triangle (strong_bear) at $0.70.
Confirmation: Price closes below 5-SMA and $0.68 low.
Entry: Short at $0.67.
Stop Loss: $0.71 (recent high).
Take Profit: $0.62 (2:1 RR) or exit on suppression_bull.
Outcome: Price drops to $0.61, exit at $0.62 for profit.
Tips for Success
Combine with Price Levels:
Use support/resistance zones (e.g., weekly pivots) to confirm entries.
Monitor Volume:
Rising volume (gray line above yellow) strengthens signals.
Adjust Sensitivity:
Too many signals? Increase div_strength_threshold to 0.7.
Too few signals? Decrease to 0.3.
Backtest:
Review 20-30 past signals on XRP 1D to assess performance.
Avoid Choppy Markets:
Skip signals during low volatility (tight price ranges).
Troubleshooting
No Signals:
Lower div_strength_threshold to 0.3 or mom_threshold_base to 0.2.
Check if XRP’s volatility is unusually low.
False Signals:
Increase sma_confirm_length to 7 or add a 50-SMA filter.
Indicator Not Loading:
Ensure the script compiles without errors.
Customization (Optional)
Change Colors: Edit color.* values (e.g., color.red to color.purple).
Add Alerts: Use TradingView’s alert menu for "Strong Bearish Divergence Confirmed," etc.
Test Other Assets: Experiment with BTC or ETH, adjusting inputs as needed.
Disclaimer
This indicator is for educational purposes only and not financial advice. Trading involves risk, and past performance does not guarantee future results. Use at your own discretion.
Setup: Use on XRP 1D with defaults (mom_length_base=8, vol_length_base=10). Signals: Red triangle (sell), Green triangle (buy), Orange cross (bear warning), Yellow cross (bull warning). Confirm with 5-day SMA cross. Stop: 2x ATR(14). Profit: 2:1 RR or suppression exit. Full guide available separately!
FOMO Indicator - % of Stocks Above 5-Day AvgThe FOMO Indicator plots the breadth indicators NCFD and S5FD below the price chart, representing the percentage of stocks in the Nasdaq Composite (NCFD) or S&P 500 (S5FD) trading above their respective 5-day moving averages.
This indicator identifies short-term market sentiment and investor positioning. When over 85% of stocks exceed their 5-day averages, it signals widespread buying pressure and potential FOMO (Fear Of Missing Out) among investors. Conversely, levels below 15% may indicate oversold conditions. By analyzing these breadth metrics over a short time window, the FOMO Indicator helps traders gauge shifts in investor sentiment and positioning.
DMI + ADX + Key Level NACHOMIXCRYPTOThe DMI + ADX + Key Level NACHOMIXCRYPTO indicator is a technical analysis tool that combines the Directional Movement Index (DMI) and the Average Directional Index (ADX) to assess trend strength and direction. It also includes customizable key levels for better visualization.
Components:
ADX (Average Directional Index):
Measures the strength of a trend, regardless of its direction.
Values below 25 indicate a weak trend or range-bound market.
Values between 25-50 suggest a strong trend.
Values between 50-75 indicate a very strong trend.
Values above 75 represent an extremely strong trend.
+DI (Positive Directional Indicator) and -DI (Negative Directional Indicator):
+DI indicates bullish strength, shown in green.
-DI indicates bearish strength, shown in red.
The comparison between these two lines helps determine the market direction.
Features:
Trend Detection:
When +DI is above -DI and ADX is above the key level, it signals a bullish trend.
When -DI is above +DI and ADX is above the key level, it signals a bearish trend.
Key Level Line:
A customizable horizontal line that marks the threshold for trend strength.
Trend Background Color:
Green for strong uptrends and red for strong downtrends.
Signal Arrows:
A green upward triangle is plotted when a new bullish trend starts.
A red downward triangle is plotted when a new bearish trend starts.
Trend Strength Labels:
The indicator displays the current market strength classification and whether the trend is bullish, bearish, or neutral.
Strength Analysis Table:
Provides insights on whether the market has bullish, bearish, mixed strength, or no strength at all.
This indicator is particularly useful for traders looking to identify strong trends and catch early trend reversals.
ADX + DMI (HMA Version)📝 Description (What This Indicator Does)
🚀 ADX + DMI (HMA Version) is a trend strength oscillator that enhances the traditional ADX by using the Hull Moving Average (HMA) instead of EMA.
✅ This results in a much faster and more responsive trend detection while filtering out choppy price action.
🎯 What This Indicator Does:
1️⃣ Measures Trend Strength – ADX shows when a trend is strong or weak.
2️⃣ Identifies Trend Direction – DI+ (Green) shows bullish momentum, DI- (Red) shows bearish momentum.
3️⃣ Uses Hull Moving Average (HMA) for Faster Signals – Removes lag and reacts faster to trend changes.
4️⃣ Reduces False Signals – Traditional ADX lags behind, but this version reacts quickly to reversals.
5️⃣ Good for Scalping & Day Trading – Especially for BTC 5-min and lower timeframes.
⚙ Indicator Inputs (Customization)
Input Name Example Value Purpose
ADX Length 14 Defines the smoothing for the ADX value.
DI Length 14 Defines how DI+ and DI- are calculated.
HMA Length 24 Hull Moving Average smoothing for ADX & DI+.
Trend Threshold 25 The level above which ADX confirms a strong trend.
📌 You can adjust these settings to optimize for different assets and timeframes.
🎯 Trading Rules & How to Use It
✅ How to Identify a Strong Trend:
When ADX (Blue Line) is above 25→ A strong trend is in play.
When ADX is below 25 → The market is choppy or ranging.
✅ How to Use DI+ and DI- for Trend Direction:
If DI+ (Green) is above DI- (Red), the market is in an uptrend.
If DI- (Red) is above DI+ (Green), the market is in a downtrend.
✅ How to Confirm Entries & Exits:
1️⃣ Enter Long when DI+ crosses above DI- while ADX is rising above 25.
2️⃣ Enter Short when DI- crosses above DI+ while ADX is rising above 25.
3️⃣ Avoid trading when ADX is below 25 – the market is in a choppy range.
This should not be used as a stand alone oscillator. Trading takes skill and is risky. Use at your own risk.
This is not advise on how to trade, these are just examples of how I use the oscillator. Trade at your own risk.
You can put this on your chart versus the tradingview adx and you can adjust the settings to see the difference. This was optimized for btc on the 5 min chart. You can adjust for your trading strategy.
MFI Nexus Pro [trade_lexx]📈 MFI Nexus Pro is your reliable trading assistant!
📊 What is MFI Nexus Pro ?
MFI Nexus Pro is a trading indicator that analyzes cash flows in the market. It shows where money is moving — into or out of an asset, and based on this, generates buy or sell signals.
💡 The main components of the indicator
📊 The MFI Cash Flow Index (MFI)
shows the strength of cash flow into an asset. Values above 70 indicate overbought (an early sale is possible), and values below 30 indicate oversold (an early purchase is possible).
📈 Moving Averages (MA)
The indicator uses 10 different types of moving averages to smooth the MFI line.:
- SMA: Simple moving average
- EMA: Exponential moving average
- WMA: Weighted moving average
And other more complex types (HMA, KAMA, VWMA, ALMA, TEMA, ZLEMA, DEMA)
The choice of the type of moving average affects the speed of the indicator's response to market changes.
🎯 Bollinger Bands (BB)
Bands around the moving average that widen and narrow depending on volatility. They help determine when the MFI is out of the normal range.
🔄 Divergences
Divergences show discrepancies between price and MFI:
- Bullish divergence: the price is falling and the MFI is rising — an upward reversal is possible
- Bearish divergence: the price is rising and the MFI is falling — a downward reversal is possible
🔍 Indicator signals
1️⃣ Moving average signals (MA)
Buy signal
- What happens: MFI crosses its moving average from bottom to top
- What does it look like: the green triangle labeled "MA" under the chart
- What does it mean: money begins to actively flow into the asset, price growth is possible
Sell signal
- What happens: the MFI crosses the moving average from top to bottom
- What does it look like: a red triangle with the label "MA" above the chart
- What does it mean: money starts to leave the asset, the price may fall
2️⃣ Bollinger Band Signals (BB)
Buy signal
- What's happening: The MFI crosses the lower Bollinger band from bottom to top
- What it looks like: the green triangle marked "BB"
- What it means: The MFI was too low and is now starting to recover
Sell Signal
- What's going on: MFI crosses the upper Bollinger band from top to bottom
- What it looks like: a red triangle marked "BB"
- What it means: The MFI was too high and is now starting to decline
3️⃣ Divergence Signals (Div)
Buy Signal (Bullish Divergence)
- What's going on: the price is falling more than the MFI
- What it looks like: a green triangle marked "Div"
- What it means: despite the fall in price, money is already starting to return to the asset
Sell signal (bearish divergence)
- What is happening: the price is rising more strongly than the MFI
- What does it look like: the red triangle with the label "Div"
- What does it mean: despite the price increase, money is already starting to leave the asset
🛠️ Filters to filter out false signals
1️⃣ Minimum distance between the signals
- What it does: sets the minimum number of candles between signals
- Why it is needed: prevents signals from being too frequent during strong market fluctuations
- How to set it up: Set the number from 0 and above (default: 5)
2️⃣ "Waiting for the opposite signal" mode
- What it does: waits for a signal in the opposite direction before generating a new signal
- Why you need it: it helps you not to miss important trend reversals
- How to set up: just turn the function on or off
3️⃣ Filter by MFI levels
- What it does: generates signals only when the MFI is in the specified ranges
- Why it is needed: it helps to catch the moments when the market is oversold or overbought
- How to set up:
- For buy signals: set a range for oversold (e.g. 1-30)
- For sell signals: set a range for overbought (e.g. 70-100)
4️⃣ The RSI filter
- What it does: additionally checks the RSI values to confirm the signals
- Why it is needed: adds additional confirmation from another popular indicator
- How to set up: Similar to the MFI filter, set ranges for buying and selling
🔄 Signal combination modes
1️⃣ Normal mode ("None")
- How it works: all signals (MA, BB, Div) work independently of each other
- When to use it: for general market analysis or when learning how to work with the indicator
2️⃣ "And" mode ("MA and BB and Div")
- How it works: the alarm appears only when several conditions are triggered simultaneously
- Combination options:
- MA+BB: signals from the moving average and Bollinger bands
- MA+Div: signals from the moving average and divergence
- BB+Div: signals from the Bollinger bands and divergence
- MA+BB+Div: all three signals simultaneously
- When to use: for more reliable but rare signals
3️⃣ "OR" mode ("MA or BB or Div")
- How it works: the alarm appears when any of the conditions are triggered
- When to use: for frequent signals when you don't want to miss any opportunity.
🔌 Connecting to trading strategies
The indicator can be connected to your trading strategies using 5 different channels.:
1. Channel for MA signals: connects only signals from moving averages
2. BB signal channel: connects only the signals from the Bollinger bands
3. Channel for divergence signals: connects only divergence signals
4. Channel for "And" mode: connects only combined signals
5. Channel for "OR" mode: connects signals from any source
🔔 Setting up alerts
The indicator can send alerts when alarms appear.:
- Alerts for MA: when the MFI crosses the moving average
- Alerts for BB: when the MFI crosses the Bollinger bands
- Divergence alerts: when a divergence is detected
- Combined alerts: for "AND" and "OR" modes
🎭 What does the indicator look like on the chart ?
- MFI main line: purple line
- Overbought/oversold levels: horizontal lines at levels 30 and 70
- Middle line: dotted line at level 50
- MFI Moving Average: yellow line
- Bollinger bands: green lines around the moving average
- Signals: green and red triangles with corresponding labels
📚 How to start using MFI Nexus Pro
1️⃣ Initial setup
- Add an indicator to your chart
- Select the type of moving average and the period (you can leave it as the default)
- Activate the desired signal types (MA, BB, Div)
2️⃣ Filter settings
- Set the distance between the signals to get rid of unnecessary noise
- Adjust the MFI and RSI levels depending on how volatile your asset is
- If you need more reliable signals, turn on the "Waiting for the opposite signal" mode.
3️⃣ Operation mode selection
- First, use the standard mode to see all possible signals.
- When you get comfortable, try the "And" mode for more reliable signals.
- For active trading, you can use the "OR" mode
4️⃣ Setting up Alerts
- Select the types of signals you want to be notified about
- Set up alerts for "AND" or "OR" modes if you use them
5️⃣ Verification and adaptation
- Check the operation of the indicator on historical data
- Adjust the parameters for a specific asset
- Adapt the settings to your trading style
🌟 Usage examples
For trend trading
- Use MA signals in the direction of the main trend
- Turn on the "Waiting for the opposite signal" mode
- Set stricter levels for filters
For trading in a sideways range
- Use BB signals to detect bounces from the range boundaries
- Use the MFI level filter to confirm overbought/oversold conditions
- Adjust the Bollinger bands according to the width of the range
To determine the pivot points
- Pay attention to the divergence signals
- Use the "And" mode by combining divergences with other signals
- Check the RSI filter for additional confirmation
Multi-Timeframe RPM Gauges with Custom Timeframes by DiGetIntroducing the **Multi-Timeframe RPM Gauges with Custom Timeframes + RSI Combos (mod) by DiGet** – a cutting-edge TradingView indicator meticulously crafted to revolutionize your market analysis.
Imagine having a dynamic dashboard right on your chart that consolidates the power of nine essential technical indicators—RSI, CCI, Stochastic, Williams %R, EMA crossover, Bollinger Bands, ATR, MACD, and Ichimoku Cloud—across multiple timeframes. This indicator not only displays each indicator’s score through an intuitive gauge system but also computes a combined metric to provide you with an at-a-glance understanding of market momentum and potential trend shifts.
**Key Features:**
- **Multi-Timeframe Insight:**
Configure up to four custom timeframes (e.g., 1, 5, 15, 60 minutes) to capture both short-term fluctuations and long-term trends, ensuring you never miss critical market moves.
- **Comprehensive Signal Suite:**
Benefit from a harmonious blend of signals. Whether you rely on momentum indicators like RSI and CCI, volatility measures like Bollinger Bands and ATR, or trend confirmations via EMA, MACD, and Ichimoku, every metric is normalized into actionable percentages.
- **Dynamic, Color-Coded Gauge Display:**
A built-in table presents all your data in a clear, color-coded format—green for bullish, red for bearish, and gray for neutral conditions. This visual representation allows you to quickly gauge market sentiment without sifting through complex charts.
- **Customizable Layout:**
Tailor your experience by toggling individual table columns. Whether you want to focus solely on RSI or dive deep into combined metrics like RSI & CCI or RSI & MACD, the choice is yours.
- **Optimized Utility Functions:**
Proprietary functions standardize indicator values into percentage scores, making it simpler than ever to compare different signals and spot opportunities in real time.
- **User-Friendly Interface:**
Designed for both beginners and seasoned traders, the straightforward input settings let you easily adjust technical parameters and timeframes to suit your personal trading strategy.
This indicator is not just a tool—it’s your new trading companion. It equips you with a multi-dimensional view of the market, enabling faster, more informed decision-making. Whether you’re scanning across various assets or drilling down on a single chart, the Multi-Timeframe RPM Gauges empower you to interpret market data with unprecedented clarity.
Add this indicator to your TradingView chart today and experience a smarter, more efficient way to navigate the markets. Join the community of traders who have elevated their analysis—and be ready to receive countless thanks as you transform your trading strategy!
Cumulative Weighted Change (Session) with 14 MAThis indicator provides the session weighted cumulative change of the Magnificent 7(AAPL META GOOG AMZN MSFT NVDA TSLA), it is weighted according to their market capitalization and size in relation to size of the market. The bar to bar current change is plotted by the fast line that begins its calculations at the start of each daily session, the smoother(slower) line is the 14 period Volume Weighted Moving Average of the cumulative change.
I use this in conjunction with a timeframe continuity indicator in order to weed out invalid signals, I have one that I have recently published. I use this to trade futures and index stock options, since the 7 tickers that this indicator is built off of are the biggest force that moves markets this ends up acting as an alpha indicator if you can find a consistent and reliable way to weed out false signals.
Happy Trading!
-Drgzzz
