Smart Trade LevelsAuto Entry/SL/TP + Relative Levels + Dashboard + Meter
This indicator combines several trading tools into a single framework for market analysis and trade management.
🔹 Features
Automatic Entry/Stop-Loss/Take-Profit zones
• Entry is set on new LONG/SHORT signals.
• Stop-Loss is based on local pivots or percentage distance.
• Take-Profit targets are calculated with Fibonacci extensions (TP1, TP2, TP3).
Relative Support/Resistance Levels
• Dynamic levels based on a 50-period SMA as the base.
• Optional auto-hide function to display only nearby levels.
• Short RU labels (e.g. “Поддержка”, “Сопротивление”) without numeric values.
Trend & Signal Detection
• RSI, MACD, and SMA50 trend filter.
• Breakout detection with higher-timeframe (HTF) confirmation.
• Divergence alerts (bullish/bearish).
Meter & Score Dashboard
• Multi-factor score (volume, ATR, ADX, breakouts, trend alignment).
• Probability estimates for LONG vs SHORT (percentages).
• HTF filters (EMA50, RSI, MACD histogram).
• Color-coded signals and a compact on-chart dashboard.
Visualization
• Boxes for Entry, SL, TP1–TP3.
• Relative level lines with dotted style.
• Prep signals (Buy/Sell labels) when price crosses relative levels.
• Optional MA50 plot for trend context.
⚙️ Inputs
Fibonacci multipliers for TP (0.618, 1.0, 1.618 by default).
Volume SMA length and neutral band.
Auto-hide relative levels (with adjustable % window).
Meter settings: breakout lookback, relative volume, ATR %, ADX threshold, EMA gap filter.
Show/hide dashboard elements, MA50 line, and level labels.
✅ Use cases
Identify trend direction and potential reversals.
Manage risk/reward with automatic zones.
Confirm setups with HTF filters and probability scoring.
Visualize dynamic support/resistance areas.
⚠️ Disclaimer: This script is for educational purposes only and does not constitute financial advice. Always backtest and validate before applying to live trading.
Médias Móveis
Entry/Stop/Take — TP: R or Nearest Level + Offset + Prep LinesTitle:
Entry/Stop/Take — TP by R-multiple or Nearest Level
Description:
This indicator plots Entry, Stop-Loss and Take-Profit levels after a signal.
How it works:
• Signal example: breakout of a lookback range filtered by EMA200 (you can replace it).
• Stop-Loss = ATR × SL Multiplier.
• Take-Profit modes:
– R-multiple: TP = Entry ± (ATR × SL Mult × TP Mult).
– Nearest level: closest swing resistance (long) or support (short), with configurable offset to exit before the level.
• Lines start at the signal bar and extend until SL or TP is hit.
• Optional right-edge labels and a mini table with values.
Inputs: ATR Length, SL Mult, TP Mult, Lookback (breakout), TP Mode (R-multiple / Nearest level), pivot settings and search window, level offset (%), toggles for labels/table.
Notes:
• No advertisements or external links.
• This script is for educational purposes only and does not constitute financial advice. Backtest and adjust parameters before using in live markets.
EMA & VWAP Precision Overlay📢WELCOME TO FUTURE YOU!
📈 This isn’t your grandma’s moving average script.
This is pure alpha visualization. We're talking 9, 21, 50, and 200 EMAs. Plus VWAP Session AND Anchored VWAP — all dynamically labeled so you know exactly where price is cooking.
🚀 Features:
Toggle lines like a boss
Label everything (or nothing, if you’re into minimalist flexing)
Anchored VWAP for sniper entries (you pick the start)
Labels shift forward so your candles don’t cry
Built for traders who actually care about levels and not just vibes. Whether you’re scalping dog coins or trend-riding BTC, this thing keeps your chart clean, informative, and slightly intimidating.
I use it. It works. You should probably use it too.
If it gives you psychic powers — you're welcome.
If it doesn't — still looks cool.
Average Directional Index + MA (with Fill trend color)Description
This indicator combines the Average Directional Index (ADX) with a configurable moving average (SMA, EMA, RMA, or WMA) and visual fill. It helps traders assess the strength of a trend by highlighting when ADX is above or below its moving average.
When ADX is rising above the MA, it suggests strengthening momentum; when falling below, it indicates weakening momentum. The dynamic green/red fill makes these transitions easy to spot.
Horizontal threshold levels at 20 and 25 are included as key references:
Below 20 → often signals ranging or sideways/consolidation markets.
Crossing above 20 or 25 → may suggest the beginning of a breakout or trend, useful for trend-following strategies.
How to use
Filter out sideways/consolidation phases and focus on breakout or trend-following opportunities when price action coincides with ADX crossing above the 20/25 thresholds.
Customization
ADX length & smoothing.
Moving average type and length.
Adjustable fill transparency.
Optional threshold lines at 20 and 25.
Inside Bar Breakout Indicator V2 by Tek Tek Teknik AnalizThis indicator contains 7 parameter RSIs (relative power index). (It can be changed from the code because it is open source.)
Inside follows the formation of the bar and the price is under the EMA line, if the RSI rises above 70, it starts to produce a signal for sales with a red colored label. (Not every signal does not represent net sales. It is only for aid purposes!)
If the price is above the EMA line and the RSI goes below the value of 30, the green colored label starts to produce purchase signals. (Not every signal does not represent clearly. It is only for help!)
Youtube channel: Tek Tek Teknik Analiz
X : @TTTeknikanaliz
Turtle Trading by the Nato FinancialsFor the Turtle-style breakout system (with ATR stop, 20-day breakout, 10-day exit, and filters like ADX/volume), I will share the win rates once testing is done.
Staolin Trade maxx V1This script is a custom TradingView indicator named "Staolin Trade maxx V1". It overlays on price charts and includes features for visualizing support and resistance zones, trendlines, EMA-based trend fills, higher high/lower low labels, range boxes, Supertrend buy/sell signals, risk management lines with SL/TP levels, and customizable moving averages. Inputs allow toggling elements like trendlines, EMA trends, labels, ranges, and levels, as well as adjusting lengths, colors, sensitivities, signal strengths, and risk-reward ratios. Zones appear as gradient-filled bands (red for upper, green for lower), trendlines as extending lines (teal up, red down), EMA fills as translucent ribbons (green up, red down), labels as triangles (green HH, red LL), ranges as colored boxes (blue unbroken, green/red broken), signals as labels (green buy, red sell), SL/TP as extending lines with emoji-labeled tags (blue entry, red SL, green TPs), and MAs as lines (blue 5, red 13, green 20).
SATHYA SMA Signal)This indicator overlays 20, 50, and 200 Simple Moving Averages (SMAs) on the chart. It generates bullish signals when the 20 SMA crosses above the 200 SMA before the 50 SMA, with both above 200 SMA. Bearish signals occur when the 20 SMA crosses below the 200 SMA before the 50 SMA, with both below 200 SMA. Signals appear as distinct triangles on the chart, helping traders identify trend reversals based on systematic SMA crossovers and order of crossing.
Sampat R3 170925This is simple trend analysis,
Sharp Entery at 1 minute time frame.
If 5 munute & 15 minute time frame shown uptrend, take Buy entry on 1 munute time frame, with help of LSMA Green signal.
If 5 munute & 15 minute time frame shown downtrend, take Sale entry on 1 munute time frame, with help of LSMA Red signal.
On 1 minute time frame we also find both Buy & Sale signal are profitable, But following the trend is profitable.
*Subject ot indivisual financial risk*
Multi Moving AveragesHighly customizable multi moving average tool with crossover, trend resumption, slope change, and price cross alerts.
Daily 10 EMA & 20 EMATracks the 10/20 ema off the daily time frame even when switching to lower time frames
EMRVA (2)//@version=5
indicator("EMRVA2)", overlay=true)
// === Inputs ===
emaLen = input.int(200, "EMA Length")
emaFilter = input.int(200, "Trend EMA Filter")
rsiLen = input.int(14, "RSI Length")
volLen = input.int(20, "Volume MA Length")
bodyLen = input.int(14, "Body SMA Length")
minBars = input.int(10, "Min Bars Before New Signal")
atrMult = input.float(0.5, "ATR Body Filter")
spikeATR = input.float(3.0, "Ignore if candle > ATR ×")
// === Heikin Ashi ===
haClose = (open + high + low + close) / 4.0
var float haOpen = na
haOpen := na(haOpen ) ? (open + close) / 2.0 : (haOpen + haClose ) / 2.0
haHigh = math.max(high, math.max(haClose, haOpen))
haLow = math.min(low, math.min(haClose, haOpen))
// === MAs ===
ema21 = ta.ema(haClose, emaLen)
ema200 = ta.ema(haClose, emaFilter)
plot(ema21, color=color.orange, linewidth=2, title="EMA21")
plot(ema200, color=color.blue, linewidth=2, title="EMA200")
// === Indicators ===
macdLine = ta.ema(haClose, 12) - ta.ema(haClose, 26)
signalLine = ta.ema(macdLine, 9)
rsi = ta.rsi(haClose, rsiLen)
volMA = ta.sma(volume, volLen)
volCond = volume > volMA
bodySize = math.abs(haClose - haOpen)
avgBody = ta.sma(bodySize, bodyLen)
atr = ta.atr(14)
candleRange = high - low
// === فلتر الشمعة غير الطبيعية ===
isSpike = candleRange > atr * spikeATR
// === Conditions ===
longCond = haClose > ema21 and macdLine > signalLine and rsi > 50 and volCond and haClose > haOpen
shortCond = haClose < ema21 and macdLine < signalLine and rsi < 50 and volCond and haClose < haOpen
// === Filters ===
longCond := longCond and haClose > ema200 and bodySize > atr * atrMult and not isSpike
shortCond := shortCond and haClose < ema200 and bodySize > atr * atrMult and not isSpike
// === Signal management ===
var int lastSignalBar = na
var int lastSignalType = 0 // 0=none, 1=buy, -1=sell
enoughBars = na(lastSignalBar) or (bar_index - lastSignalBar >= minBars)
canBuy = longCond and enoughBars and (lastSignalType != 1)
canSell = shortCond and enoughBars and (lastSignalType != -1)
buySignal = canBuy
sellSignal = canSell
if buySignal
lastSignalBar := bar_index
lastSignalType := 1
if sellSignal
lastSignalBar := bar_index
lastSignalType := -1
plotshape(buySignal, title="BUY", location=location.belowbar, color=color.green, style=shape.labelup, text="BUY")
plotshape(sellSignal, title="SELL", location=location.abovebar, color=color.red, style=shape.labeldown, text="SELL")
AlphaShell IndicatorAlphaShell integrates key technical elements such as Exponential Moving Averages (EMAs), Relative Strength Index (RSI), Volume analysis, and the Average Directional Index (ADX). The indicator's unique strength lies in its ability to assess the confluence of these diverse factors, dynamically weighing their combined strength to validate potential trend continuations or reversals.
AlphaShell doesn't tell you to buy or sell - it alerts you to high-probability setups that match your analytical framework, allowing you to make informed decisions based on your own strategy.
Core Features:
Combines EMA trend, RSI strength, volume spikes, break of structure, fair value gaps, CVC momentum, and more for comprehensive analysis.
VWAP max distance filter blocks trades too far from VWAP, cooldown system prevents signal spam, EMA velocity detects breakout acceleration.
Prevents same-side signals from repeating until an opposite signal occurs, ensuring clean and reliable trade entries.
Green triangles for high-probability long entries, Red triangles for high-probability short entries with clean visual overlays.
EMA Crossover Alert for stocksthis script has alert for breakout
use daily timeframe
put whole watchlist on alert while setting up alert
choose breakout alert
when any stock do breakout during the day you will get notification
which you can use as you wish
to buy options or spreads or quick profit and run
use on your own risk
Auto SMA 50&200 (D,4h,1h)Auto SMA 50&200 (Daily, 4hr,1hr)
About this Indicator:
This indicator plots the 50 and 200 Simple Moving Average (SMA) as horizontal price levels for the Daily, 4 hour, and 1 hour time frames. The SMAs available in this indicator will appear on each time frame saving you from having to switch to different Time frames, or having multiple charts open to view the large point of view SMAs. This is perfect for those who like to chart off the large point of view and then switch into the smaller time frames.
Settings Input:
Master Button to toggle on/off Text Bubbles or Price Scale Labels
Text Position is set to best position by default.
Each SMA setting gives you the option to enable/disable it, hide the text label, change the color, change the line style, and line width.
Settings Style:
Under "Style" you will see that you cannot change the lines because they are set to transparent. The idea was to make sure you have the option to view the SMA Price Labels on the Price Scale without seeing the trend lines, which makes it too cluttered.
You can also individually show/hide the Label on the Price Scale for each SMA
万物·玄览Telegram频道：lunarvoyagerss
👑付费会员可以享受使用权限
TD9、FVG、SFVG、SMT、supportandresistance、orderblocks、ICT、SMC、SFP
DrFX Premium Algo v3.1 - Advanced Multi-Strategy Trading System
**DrFX Premium Algo v3.1** is a sophisticated trading ecosystem that integrates multiple proven strategies, advanced market analysis, and comprehensive risk management into a unified framework. This system represents a complete trading solution designed for traders who require multi-dimensional market analysis with precise signal generation.
**Core Innovation & Originality**
This algorithm uniquely synthesizes eight distinct trading methodologies:
1. **Adaptive Supertrend Engine** - Dynamic trend-following system with customizable sensitivity and intelligent signal tuning (1-25 range)
2. **WaveTrend Pullback Detection** - Advanced oscillator-based system identifying high-probability retracement entries
3. **Contrarian Signal Generator** - Custom RSI-based system with adaptive smoothing for counter-trend opportunities
4. **Multi-Preset Architecture** - Three distinct trading modes: "All Signals," "Strong+," and "Trend Scalper" for different market approaches
5. **Intelligent Signal Filtering** - Seven-layer filtering system including trend, strength, volume, cloud, and contrarian filters
6. **Dynamic Risk Management** - ATR-based stop-loss with multiple take-profit levels and trailing stop functionality
7. **Multi-Timeframe Dashboard** - Real-time analysis across 6 timeframes with market state, volatility, and session detection
8. **Advanced Market Structure** - ZigZag-based swing detection with consolidation zone identification
**System Architecture & Functionality**
**Primary Signal Generation:**
The core uses a modified Supertrend algorithm with user-defined sensitivity (0.1-10.0) and signal tuner (1-25). Unlike standard Supertrend implementations, this system incorporates MACD momentum confirmation, EMA trend filtering (150/250), and HMA directional bias to reduce false signals.
**WaveTrend Pullback System:**
Implements a sophisticated pullback detection mechanism using custom WaveTrend calculations with configurable tuning (2-30). The system identifies divergences and optimal retracement entries when the oscillator reaches extreme levels (-60/+60).
**Contrarian Signal Logic:**
Features a proprietary RSI-based system with adaptive smoothing using Wilders MA and ATR-RSI calculations. The system generates counter-trend signals when RSI crosses dynamic bands calculated using the formula: TsUP/TsDN = TsFast ± ATRRSI * 4.236.
**Multi-Layer Signal Filtering:**
- **Trending Filter**: ADX > 20 for trend strength confirmation
- **Strong Signals**: Price relative to 200 EMA filter
- **Volume Filter**: Comparative volume analysis using EMA ratios
- **Cloud Filter**: Trend cloud alignment requirement
- **Contrarian Filter**: Overbought (>60) / Oversold (<40) conditions
**Risk Management Integration:**
- Automatic SL/TP calculation using ATR methodology
- Three configurable take-profit levels (1:1, 2:1, 3:1 default ratios)
- Dynamic trailing stop with percentage or ATR-based options
- Visual TP/SL areas with real-time price level tracking
**Unique Visual Components**
**Trend Cloud System:**
Offers four cloud styles (Smooth, Scalping, Scalping+, Swing) using different EMA combinations and HMA calculations. The "Smooth" mode uses 150/250 EMAs, while scalping modes use faster 5/9/21 EMA combinations.
**Advanced Candle Coloring:**
Four distinct coloring schemes:
- **Trend Gradient**: MACD histogram-based momentum visualization
- **Signal Based**: Color coordination with current signal bias
- **RSI Gradient**: 13-level color progression based on 4-period price momentum
- **Momentum Filter**: Gray highlighting for low-momentum periods
**Smart Dashboard Analytics:**
Real-time display of:
- Multi-timeframe trend alignment (M5, M15, M30, 1H, 4H)
- Market state classification (Trending/Ranging/No Trend)
- Volatility percentage calculation using ATR standard deviation
- Current trading session identification (NY, London, Tokyo, Sydney)
- Institutional activity monitoring through volume analysis
**Usage Instructions**
**Signal Interpretation:**
- **Buy/Sell**: Basic Supertrend crossovers with momentum confirmation
- **Strong Buy/Sell**: Signals above/below 200 EMA with enhanced filters
- **Pullback Signals**: Small circles indicating retracement opportunities
- **Contrarian Signals**: Counter-trend opportunities at extreme levels
**Preset Selection:**
- **All Signals**: Complete signal set with basic Supertrend logic
- **Strong+**: Enhanced filtering for higher probability trades
- **Trend Scalper**: Fast EMA cloud system for short-term trading
**Risk Management Application:**
- Use built-in TP/SL levels displayed as labels and lines
- Monitor trailing stop (white/red lines) for dynamic exit management
- Observe market structure labels (HH, HL, LH, LL) for context
**Dashboard Utilization:**
- Ensure multi-timeframe alignment before entries
- Monitor volatility percentage for position sizing
- Check market state for strategy selection
- Use session information for optimal trading times
**Advanced Features**
**Market Structure Detection:**
Implements ZigZag algorithm for swing identification with configurable period (default 10). Automatically labels market structure patterns and identifies consolidation zones using dynamic high/low analysis.
**Session Analysis:**
Built-in detection for four major trading sessions with overlap identification. Provides context for volatility expectations and optimal trading windows.
**Volume Intelligence:**
Advanced volume filtering using relative volume analysis (RVA) comparing current volume to 21-period moving average with 144% threshold filter.
**Important Considerations**
This system works optimally in trending markets with clear directional bias. In consolidating conditions, focus on pullback signals and contrarian opportunities. The multiple filtering options allow adaptation to various market conditions and trading styles.
The algorithm combines several established techniques (Supertrend, WaveTrend, RSI, MACD) in an original framework with proprietary filtering and risk management logic. Each component is designed to work synergistically with others for comprehensive market analysis.
**Disclaimer**: This indicator is designed for educational and analytical purposes. Past performance does not guarantee future results. Always implement proper risk management and never risk capital you cannot afford to lose. The system's complexity requires understanding of each component for optimal utilization.
Combined Master ScriptThis all-in-one indicator combines multiple trading tools into a single script, helping traders save time and keep charts clean. It is designed for discretionary analysis and provides important reference levels, but does not generate guaranteed signals.
✨ Features Included:
• Moving Averages (3 EMA system + additional MA with SMA/EMA/WMA/VWMA options).
• Pivot Boss CPR: Daily/Weekly CPR with support/resistance levels.
• Previous Day/Week OHLC levels for quick reference.
• Swing BS logic with (TSL) and alerts.
• ADR (Daily, Weekly, Monthly) levels with optional multipliers, historical plots, and range width analysis.
• Supply/Demand zone detection with automated box drawing and Break of Structure (BOS) handling.
• Automated Math Levels (PrevClose, PrevHigh, PrevLow, R1, R2, S1, S2, Upper/Lower BEP).
⚙️ How to Use:
1. Enable or disable components from the settings menu (CPR, ADR, Supply/Demand, Swing, Math Levels, etc.).
2. Adjust multipliers and periods for ADR to fit your trading style.
3. Use CPR and OHLC levels as intraday reference points.
4. Supply/Demand zones highlight potential reversal or continuation areas.
5. Swing logic helps identify breakouts and trailing stops.
📌 Notes & Limitations:
• This script is for educational/reference purposes only.
• It does not predict future prices or guarantee performance.
• Past results do not guarantee future outcomes.
• Works best on 15m and higher chart resolutions when publishing.
💡 Why it’s useful:
Instead of using multiple separate indicators, this script combines CPR, ADR, OHLC, Swing logic, and Supply/Demand zones into a single “master tool,” making analysis faster and more structured.
SS-EMAs [Space Signals]Simple EMAs, default is 21, 50, 100, 200 but configurable freely.
Can set alerts to the lines, and default is only 50 and 200 visible.
The Duck Model V2ling gong goo ling gong goo. one timg i linged and i gonged and I gooed. IONEVEN EAT COTTAGE CHEEEEEEZE
Customizable EMA/SMACustomizable EMA/SMA with adjustable lengths
sources, colors, line styles, optional cloud fill, labels, and built-in cross alerts.
ICT Killzones x FVGs @dancizyeaaICT Killzones x FVGs Indicator
Last update: 19-SEP-2025
Creator: dancizyeaa
This indicator targets key session highs and lows combined with Fair Value Gaps (FVGs) visualization on TradingView charts. It integrates multiple market sessions (Asia, London, New York), drawing killzones, session separators, and key price levels with user-configurable alerts and filtering. It supports dynamic timeframe limits, coloring by FVG size, moving averages, and labels.
The ICT Killzones x FVGs indicator highlights major session high and low price zones with added fair value gaps, assisting traders in identifying potential reversal or breakout areas. It automatically draws session lines, pivot points, and dynamically colors FVG rectangles by size. It includes options for timezone offsets, alert setups for pivot breaks, and versatile visual configuration for clear session segmentation and market structure awareness.
Detailed Function Descriptions
Session Time and Date Handling:
Manages time offsets and date components to correctly align session boundaries and day separators considering timezone differences, including a weekday naming system for chart labeling.
FVG Detection and Coloring:
Detects bullish and bearish Fair Value Gaps based on recent candles, calculates gap size, and colors gaps differently if they are small or normal size to highlight relevant market inefficiencies.
Killzone (Session High/Low Zone) Management:
Creates and updates boxes, lines, and labels representing important market session zones from Asia to New York, including the ability to extend or limit these objects across timeframes and manage range averages.
Pivot Points and Midpoint Labels:
Draws session-specific pivot highs/lows and optional midpoint lines with alert conditions when these levels are broken, allowing traders to track and be notified of key market moves.
Session Separators and Open Lines:
Draws vertical and horizontal lines marking daily, weekly, and monthly open prices and session start/end boundaries with customizable styling, enhancing chart structure clarity.
Moving Average Overlay:
Optionally plots a user-defined simple moving average line for trend analysis, with customizable length and color.
Alert System:
Provides user-configurable alerts on pivot breaks and other key events, ensuring timely trading signals.
User Inputs and Settings:
Extensive input options to customize timezone offset, session visibility, line styles, transparency, label sizes and positions, and filter parameters for FVGs for a tailored trading experience.
Tradewind EMAs + ConditionsTradewind EMAs + Conditions
Overview
The Tradewind EMAs + Conditions indicator is a powerful tool designed for traders who want to monitor key price levels and trend signals on a single chart. It combines a Trading Conditions monitor that identifies significant price breakouts based on prior day and premarket levels with an EMA Ribbons system that visualizes multiple Exponential Moving Averages (EMAs) for trend analysis.This indicator is tailored for day traders, particularly those using fast-paced setups to capitalize on short-term trends and breakouts, with customizable visual elements to suit individual preferences.
Features
1. Trading Conditions Monitor
Purpose: Identifies when the price breaks out of key levels on a 15-minute chart, considering the prior day's high/low (PDH/PDL) and the premarket high/low (PMH/PML), aligning with @team2trading's focus on key levels for trend identification.
Logic:
Monitors the most recent closed 15-minute bar to detect crosses above PDH/PMH (bullish) or below PDL/PML (bearish).
Ensures the price is outside the premarket band (above PMH or below PML) at the 15-minute close.
Optionally requires the current day's premarket session to be complete for stricter signal validation.
Display: Shows a customizable banner with the text "Trading Conditions Met" (green background) or "Trading Conditions Not Met" (gray background).
Alerts: Includes an alert condition that triggers when trading conditions are met, allowing notifications for breakouts.
2. EMA Ribbons
Purpose: Visualizes multiple EMAs to confirm trend direction and strength, directly supporting use of the primary 13, 48, and 200 EMAs for trend analysis and pullback entries.
Components:
Fast EMAs (EMA1 and EMA2): Default lengths of 8 and 13, with dynamic coloring (green for bullish when EMA1 > EMA2, red for bearish when EMA1 < EMA2).
Intermediate EMA (EMA3): Default length of 48, with a user-defined color.
Slow EMAs (EMA4 and EMA5): Default lengths of 200 and 220, with a user-defined color.
Cloud Fills: Displays editable cloud fills between EMA1/EMA2 and EMA4/EMA5 to highlight trend strength and crossovers.
Visualization: Each EMA is plotted as a line, with customizable colors and lengths, and clouds provide a clear visual of trend direction.
3. Customization Options
Premarket Session: Define the premarket session time (default: 04:00–09:30, exchange time) to calculate PMH/PML.
Premarket Strictness: Toggle to require the current day's premarket to be complete for signal validation.
Banner Position: Choose from five positions (Top Right, Bottom Right, Middle Right, Bottom Center, Middle Left) to place the trading conditions banner.
Banner Size: Select Small (1x1), Medium (2x1), or Large (3x2) for the banner's dimensions.
EMA Settings: Adjust the lengths and colors of all five EMAs and their respective cloud fills to match your trading style.
4. 2-Minute Trading Strategy Support
Purpose: Enhances the indicator for 2-minute trading strategy, which focuses on identifying trends, entering on pullbacks to EMAs, and using key levels for high-probability trades on a 2-minute chart.
How It Works:
Objective: The strategy aims to identify trending stocks and enter trades on pullbacks to the 13 or 48 EMA, using the 2-minute timeframe for entries and exits. The indicator's EMAs (default 8, 13, 48, 200, 220)
Trend Identification:
EMA Alignment: The indicator's EMA ribbons confirm trend direction. A bullish trend is signaled when the price is above the 200 EMA and the 13 EMA crosses above the 48 EMA (green cloud for EMA1/EMA2). A bearish trend occurs when the price is below the 200 EMA and the 13 EMA crosses below the 48 EMA (red cloud). Flat EMAs indicate choppy conditions, where no trades are taken.
Key Levels: The indicator plots PDH/PDL and PMH/PML, which uses to gauge trend strength. Breakouts or retests of these levels (shown by the "Trading Conditions Met" banner) confirm momentum for trade entries.
Entry Rules: On a 2-minute chart, enter trades on pullbacks to the 13 or 48 EMA when the "Trading Conditions Met" banner confirms a breakout above PDH/PMH (long) or below PDL/PML (short). Use candlestick patterns (e.g., bull/bear flags, top/bottom wicks) or level retests for additional confirmation.
Trade Management: Trail stops using the 13 EMA to lock in profits, scaling out when the price extends far from the 13 EMA to protect gains. The slow EMAs (200, 220) help identify potential reversal zones or longer-term trend context.
Risk Management: The indicator's breakout logic provides clear risk levels (e.g., a candle close below the entry EMA for longs or above for shorts), aligning with @team2trading's low-risk, high-reward approach.
Best Practices: Apply the indicator on a 2-minute chart for stocks like AMEX:SPY , NASDAQ:QQQ , or $IWM. Set alerts for "Trading Conditions Met" to catch breakouts in real-time. Adjust EMA lengths (e.g., set EMA1 to 13 and EMA2 to 48) to match the strategy exactly if preferred.
How to Use
Add to Chart: Apply the indicator to a 2-minute or 15-minute TradingView chart for optimal use with 2-minute strategy or breakout monitoring.
Configure Settings:
Adjust the premarket session, EMA lengths, colors, banner position, and size in the settings panel.
Enable the "Only consider today's premarket" option for stricter breakout signals.
Monitor Signals:
Watch the banner for "Trading Conditions Met" to identify breakout opportunities on the 2-minute chart.
Use the EMA ribbons and clouds to confirm trend direction and enter on pullbacks to the 13 or 48 EMA.
Set Alerts: Create alerts for the "Trading Conditions Met" condition to receive notifications for potential trade setups.
Settings
Trading Conditions:
Premarket Session: Set the time range for premarket data.
Only consider today's premarket: Enable for stricter signal logic.
Banner Settings:
Table Position: Select the banner's chart location.
Table Size: Choose the banner's size.
Fast EMAs: Set lengths and colors for EMA1, EMA2, and their cloud.
Intermediate EMA: Set length and color for EMA3.
Slow EMAs: Set lengths and colors for EMA4, EMA5, and their cloud.
Notes
The indicator is overlay-based, ensuring seamless integration with your price chart.
While the trading conditions logic uses 15-minute bar data, it can be monitored on a 2-minute chart for faster execution.
EMA Ribbons, with clouds highlighting crossover zones, are ideal for confirming trends and pullbacks in the 2-minute strategy.
Use the customizable banner to avoid chart clutter and position it for optimal visibility.
Credits
Developed by Tradewind Group. Combining breakout logic with EMA-based trend visualization, with direct inspiration from @team2trading's 2-minute trading strategy for identifying trends and low-risk entries.
