Zen Measured Moves - Price Extension Targets Based on Prior Bar Overview
Zen Measured Moves identifies potential price extension targets by projecting the prior bar's range forward from breakout points. This indicator helps traders anticipate how far price might travel after breaking above a prior high or below a prior low.
How It Works
The indicator calculates three measured move targets in each direction:
Bullish Targets (from prior bar's high):
0.5x - Half the prior range (50% extension)
1x - Full prior range (100% extension)
2x - Double the prior range (200% extension)
Bearish Targets (from prior bar's low):
0.5x - Half the prior range (50% extension)
1x - Full prior range (100% extension)
2x - Double the prior range (200% extension)
Visual Signals
Blue circles above bars indicate bullish measured moves achieved:
Light blue (tiny) = 0.5x target hit
Medium blue (small) = 1x target hit
Dark blue (normal) = 2x target hit
Red circles below bars indicate bearish measured moves achieved:
Light red (tiny) = 0.5x target hit
Medium red (small) = 1x target hit
Dark red (normal) = 2x target hit
Data Window Outputs
All calculated values are available in the Data Window for analysis or export to Excel:
Target hit indicators (1/0 boolean values)
Actual target price levels
Bar type classifications (bullish/bearish)
Range measurements
Internal Bar Strength (IBS) values
Use Cases
Identify potential profit targets after breakouts
Gauge momentum strength by which targets are reached
Filter for high-momentum vs low-momentum moves
Backtest measured move reliability on your instruments
Export data for statistical analysis in Excel
Best Practices
Works on any timeframe or instrument
Most effective when prior bar has clear directional bias
Consider combining with volume or other confirmation indicators
Use IBS values to assess entry/exit quality within bars
Indicadores e estratégias
WaveTrend & RSI Combined (v-final)# RSI Divergence + WaveTrend Combined
## Overview
This indicator combines RSI Divergence detection with WaveTrend crosses to generate high-probability trading signals. It filters out noise by only showing divergences when confirmed by WaveTrend momentum crosses in the same direction.
## Key Features
### 1. Smart Divergence Detection
- Detects both bullish and bearish RSI divergences
- Uses **price pivot validation** to ensure divergences start from significant chart highs/lows, not just RSI extremes
- Divergence endpoints must be in the **neutral zone (20-80)** to avoid overbought/oversold traps
### 2. WaveTrend Cross Confirmation
- **Golden Cross**: WaveTrend crossover in oversold territory (below -60)
- **Dead Cross**: WaveTrend crossover in overbought territory (above +60)
- Crosses are displayed at RSI 20 (golden) and RSI 80 (dead) levels for easy visualization
### 3. Combined Signal Logic
- **LONG Signal**: Bullish RSI Divergence + Golden Cross within the divergence period
- **SHORT Signal**: Bearish RSI Divergence + Dead Cross within the divergence period
- Divergences are **only displayed** when a matching cross exists in the same period
### 4. Visual Elements
- **Yellow lines**: Divergence connections between master point and current point
- **Small diamonds**: Divergence markers (green for bullish, red for bearish)
- **Triangles**: Confirmed entry signals (▲ for LONG, ▼ for SHORT)
- **Circles**: WaveTrend crosses (green at bottom for golden, red at top for dead)
- **Background color**: Highlights signal bars (green for LONG, red for SHORT)
- **Debug table**: Shows real-time RSI, divergence count, WaveTrend values, and cross status
## Settings
### RSI Divergence
- RSI Length (default: 14)
- Overbuy/Oversell levels
- Divergence detection parameters (loopback, confirmation, limits)
### WaveTrend
- Channel Length (default: 10)
- Average Length (default: 21)
- Overbought/Oversold levels
- Cross Detection Level (default: 60)
### Pivot Detection
- Pivot Left/Right Bars (default: 5) - Controls sensitivity for price pivot validation
## How to Use
1. **Wait for signal**: Look for the triangle markers (▲/▼) with background color
2. **Confirm with crosses**: Ensure the corresponding WaveTrend cross (circle) is visible
3. **Check divergence line**: The yellow line should connect meaningful price pivots
## Alerts
- Built-in alert conditions for both LONG and SHORT signals
- Webhook-ready format for automation (Telegram, Discord, auto-trading bots)
## Best Practices
- Works well on higher timeframes (1H, 4H, Daily)
- Combine with support/resistance levels for better entries
- Use proper risk management - not every signal is a winner
## Credits
- RSI Divergence logic inspired by K-zax
- WaveTrend calculation based on LazyBear's implementation
- Combined and enhanced by sondengs
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*This indicator is for educational purposes only. Always do your own research and manage your risk appropriately.*
Al Brooks H2/L2 IndicatorWhat This Indicator Is
This is a price-action execution tool based on Al Brooks concepts.
Its job is not to find every H2 or L2 — it filters aggressively to show only the ones worth trading.
Think of it as answering one question in real time:
“Is this H2 / L2 good enough to take?”
What It Detects
1️⃣ H2 / L2 (Second-Entry Pullbacks)
H2 = second attempt up in a bull trend
L2 = second attempt down in a bear trend
Uses confirmed pivots, so signals do not repaint
2️⃣ A+ Signal Bar Quality
A signal only qualifies if the breakout bar is strong:
Adequate range relative to ATR
Large body
Close near the extreme
Optional follow-through confirmation
Weak bars are ignored.
3️⃣ Trend vs Trading Range Filter
The indicator skips trades in Trading Ranges by checking:
Flat EMA slope
Price chopping around the EMA
Heavy bar overlap
This removes the majority of low-probability H2/L2s.
4️⃣ Microchannel Suppression (Late Trends)
If the trend is overextended (tight microchannel):
H2/L2 signals are skipped
Prevents buying the top or selling the bottom
5️⃣ Wedges & Flags (Brooks Context)
When applicable, trades are tagged as:
W = Wedge pullback (3 pushes)
F = Flag (tight channel pullback)
W+F = both present
These are context tags, not extra signals.
What It Shows on the Chart
✅ Tradable Signals
UP → Long H2
DN → Short L2
Printed only when all filters pass
Clearly anchored to price
These are the only trades the script recommends.
🔔 Alerts
Alerts fire only on tradable setups
No alerts for skipped or marginal signals
Suitable for live execution
What It Does Not Do
It does not predict outcomes
It does not trade for you
It does not show every H2/L2
It intentionally removes most setups so you focus on quality, not frequency.
How to Trade With It (Recommended)
Only act on UP / DN labels
Confirm nearby support/resistance visually
Use Brooks-style risk:
Stop beyond signal bar
Skip trades near measured-move targets
Ignore everything else
Bottom Line
This indicator is a professional-grade Brooks execution filter.
It helps you:
Trade fewer setups
Avoid trading ranges
Avoid late trends
Focus on A+ second entries only
ninjactor fib (v6, Native Pivots, Non-Repainting)📐 Fibonacci Sequence Framework (Non-Repainting)
This indicator implements a structured Fibonacci sequence framework using confirmed, non-repainting pivots.
It automatically identifies Fibonacci boundaries, plots a precise Fibonacci level set with grouped color logic, and projects targets based on retracement depth.
The script is designed for clarity, accuracy, and object-based plotting, extending Fibonacci levels to the right while active and maintaining a clean chart by default.
🔹 Core Features
Non-Repainting Fractals
Uses confirmed 2-left / 2-right pivots (ta.pivotlow, ta.pivothigh)
Pivot labels are plotted on the correct historical bar
Automatic Fibonacci Boundary Detection
Long spreads:
Boundary 1 = pivot low (100%)
Boundary 2 = first pivot high after (0%)
Short spreads use the inverted logic
Direction can be set to Auto, Long Only, or Short Only
Exact Fibonacci Level Set
Retracements:
0.236 · 0.382 · 0.500 · 0.618 · 0.786 · 0.886
Extensions (targets):
1.127 · 1.272 · 1.618
Negative levels included:
-0.127 · -0.272 · -0.618
Grouped Color Logic
Red: 0.236 / 0.382 / 0.500 / 0.618, 1.618, negative levels
Blue: 0.786, 1.272, boundary lines
Green: 0.886, 1.127
Active target is highlighted with increased line thickness
Strict “Must Touch” Logic
Retracement levels are only considered valid if price actually touches them
Wick-based validation (not close-based)
Target hits must be touched exactly — no partial credit
Target Projection Rules
Retracements ≤ 0.618 → target = 1.618
0.786 retracement → target = 1.272
0.886 retracement → target = 1.127
Clean Object Management
Uses line and label objects (not plots)
Levels extend right while active
By default, only the current active spread is displayed
Optional history toggle to keep previous spreads
⚙️ Customization
Fully customizable color inputs
Adjustable opacity for:
Non-active levels
Active target line
Direction mode selection
History on/off control
📌 Notes
This is an indicator, not a strategy (no trade execution)
Designed for discretionary trading and confluence analysis
Built to be stable, readable, and Pine Script v6 compatible
stelaraX - Williams %RstelaraX – Williams %R
stelaraX – Williams %R is a momentum oscillator designed to identify overbought and oversold market conditions. It measures the position of the current close relative to the highest high and lowest low over a defined lookback period and reacts quickly to changes in market momentum.
This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation
stelarax.com
Core logic
Williams %R is calculated over a user-defined period and oscillates between 0 and -100.
Key characteristics include:
* values near 0 indicate overbought conditions
* values near -100 indicate oversold conditions
* the -50 level acts as a momentum midpoint
When Williams %R moves above the overbought threshold, bullish momentum may be stretched. When it moves below the oversold threshold, bearish momentum may be stretched.
Visualization
The script plots:
* the Williams %R line in a separate indicator pane
* a configurable overbought level
* a configurable oversold level
* a midline at -50 for directional context
The area between the overbought and oversold levels is visually highlighted, making extreme momentum conditions easy to identify.
Use case
This indicator is intended for:
* identifying overbought and oversold market conditions
* spotting potential momentum reversals
* confirming short-term trend exhaustion
* divergence analysis between price and momentum
* timing entries and exits in ranging or trending markets
For traders who want to combine classical oscillators with modern AI-driven chart analysis, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - MomentumstelaraX – Momentum
stelaraX – Momentum is a simple yet effective indicator designed to measure the speed and direction of price movement. It shows whether price is accelerating or decelerating and helps identify shifts in market strength at an early stage.
This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation
stelarax.com
Core logic
The Momentum indicator calculates the difference between the current price and the price from a user-defined number of periods ago.
Key characteristics include:
* positive values indicate upward momentum
* negative values indicate downward momentum
* the zero line acts as a directional threshold
When momentum crosses above zero, bullish pressure is increasing. When momentum crosses below zero, bearish pressure is increasing.
Visualization
The script plots a histogram in a separate indicator pane:
* green bars when momentum is positive
* red bars when momentum is negative
* a clearly visible zero baseline for direction reference
The histogram format makes changes in momentum strength immediately visible.
Use case
This indicator is intended for:
* measuring price acceleration and deceleration
* confirming trend strength
* identifying early momentum shifts
* filtering entries in trend-following strategies
* divergence analysis between price and momentum
For traders who want to combine classical momentum tools with modern AI-driven chart analysis, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - MFIstelaraX – MFI
stelaraX – MFI is a volume-weighted momentum oscillator that combines price movement and trading volume to measure buying and selling pressure. Unlike pure price-based oscillators, the Money Flow Index incorporates volume, making it especially useful for identifying strength behind price moves.
This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation
stelarax.com
Core logic
The Money Flow Index is calculated using the typical price (HLC3) and volume over a user-defined lookback period.
The calculation distinguishes between positive and negative money flow and converts the result into an oscillator ranging from 0 to 100.
Key components include:
* MFI value between 0 and 100
* overbought threshold to identify excessive buying pressure
* oversold threshold to identify excessive selling pressure
High MFI values indicate strong inflows of capital, while low values indicate capital outflows.
Visualization
The script plots:
* the MFI line in a separate indicator pane
* a configurable overbought level
* a configurable oversold level
The area between overbought and oversold levels is visually highlighted, allowing quick recognition of extreme money flow conditions.
Use case
This indicator is intended for:
* identifying overbought and oversold conditions with volume confirmation
* spotting potential reversals driven by volume imbalance
* confirming price trends with underlying money flow
* divergence analysis between price and volume-based momentum
* filtering trades based on participation strength
For traders who want to combine price action with volume-aware, AI-driven chart analysis, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - Heikin AshistelaraX – Heikin Ashi
stelaraX – Heikin Ashi is a price-smoothing indicator that transforms standard candlestick data into Heikin Ashi candles. By averaging price values, it reduces market noise and makes trend direction and momentum easier to read directly on the chart.
This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation
stelarax.com
Core logic
Heikin Ashi candles are calculated using averaged price values instead of raw open and close data.
Each candle is derived from:
* averaged open based on the previous Heikin Ashi candle
* averaged close based on the current candle’s OHLC values
* high and low adjusted to reflect the full price range
This calculation smooths price action and filters out short-term volatility, allowing trends to appear more consistent and structured.
Visualization
The script plots custom Heikin Ashi candles directly on the price chart:
* bullish candles displayed in a configurable bullish color
* bearish candles displayed in a configurable bearish color
* candle bodies, wicks, and borders are fully color-aligned
The result is a clean and uniform visual representation of trend strength and direction.
Use case
This indicator is intended for:
* identifying and following market trends
* reducing noise in choppy market conditions
* improving trend clarity for discretionary trading
* confirming trend direction in combination with other indicators
* simplifying price structure for higher-level analysis
For traders who want to combine smoothed price action with modern AI-driven chart analysis, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - EnvelopestelaraX – Envelope
stelaraX – Envelope is a price channel indicator based on a moving average with fixed percentage bands above and below the average. It is designed to visualize dynamic support and resistance zones and highlight potential overextended market conditions.
This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation
stelarax.com
Core logic
The indicator calculates a central moving average using either:
* exponential moving average (EMA)
* simple moving average (SMA)
Upper and lower envelope bands are then derived by applying a fixed percentage offset to the moving average.
The distance between price and the envelope bands reflects relative market extension. Price near or beyond the outer bands may indicate overbought or oversold conditions depending on context and trend direction.
Visualization
The script plots:
* the central moving average
* an upper envelope band
* a lower envelope band
The area between the upper and lower bands is softly filled to improve visual clarity and make price deviations easy to identify at a glance.
Use case
This indicator is intended for:
* identifying dynamic support and resistance zones
* detecting overextended price conditions
* mean reversion and pullback analysis
* trend-following confirmation when combined with other indicators
* channel-based trade planning
For traders who want to combine classical price channels with modern AI-driven chart analysis, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - VWAPstelaraX – VWAP
stelaraX – VWAP is a volume-weighted price indicator designed to show the average traded price of an asset throughout the trading session. By incorporating volume into the calculation, it provides a more realistic view of fair value compared to simple price averages.
This indicator is part of the stelaraX ecosystem for clean technical analysis and AI-supported chart evaluation.
stelarax.com
Core logic
The indicator calculates the Volume Weighted Average Price using the typical price (HLC3) and traded volume.
VWAP represents the average price at which the market has traded, weighted by volume, and is commonly used to assess whether price is trading at a premium or discount relative to fair value.
Optional deviation bands are calculated using the volume-weighted standard deviation around the VWAP. Two configurable band levels allow traders to measure statistical price extremes.
Visualization
The script plots:
* the VWAP line directly on the price chart
* optional upper and lower deviation bands
* two configurable deviation multipliers
The VWAP line serves as the central reference, while the bands highlight potential overextension zones above and below the average traded price.
Use case
This indicator is intended for:
* identifying fair value and premium or discount pricing
* intraday trend bias and mean reversion analysis
* dynamic support and resistance assessment
* trade filtering and execution alignment
* combining volume context with price structure
For traders who want to integrate volume-based analysis with modern AI-driven chart evaluation, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - StochasticstelaraX – Stochastic
stelaraX – Stochastic is a momentum oscillator designed to compare the current closing price to the recent price range over a defined period. It helps identify overbought and oversold conditions and provides early signals for potential momentum shifts.
This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation.
stelarax.com
Core logic
The Stochastic oscillator is calculated using three configurable parameters:
* %K lookback period
* %K smoothing
* %D smoothing
The indicator consists of:
* the %K line, representing raw momentum
* the %D line, a smoothed moving average of %K
Momentum is considered bullish when %K is above %D and bearish when %K is below %D. Crossovers between %K and %D can indicate potential trend shifts.
Visualization
The script plots:
* the %K line
* the %D line
* a configurable overbought level
* a configurable oversold level
The area between the overbought and oversold levels is visually highlighted, allowing quick identification of extreme momentum conditions.
Use case
This indicator is intended for:
* identifying overbought and oversold market conditions
* spotting early momentum reversals
* confirming trend continuation or exhaustion
* divergence analysis between price and momentum
For traders who want to combine classical oscillators with modern AI-driven chart analysis, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - RSIstelaraX – RSI
stelaraX – RSI is a momentum oscillator designed to measure the speed and magnitude of recent price changes. It helps identify overbought and oversold market conditions while providing a clear view of momentum shifts and potential reversals.
This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation.
stelarax.com
Core logic
The Relative Strength Index is calculated using a user-defined lookback period and compares average gains to average losses over that period.
Key elements include:
* RSI value oscillating between 0 and 100
* overbought level to identify stretched bullish conditions
* oversold level to identify stretched bearish conditions
* a central 50 level to distinguish bullish and bearish momentum regimes
When RSI is above 50, momentum is considered bullish. When RSI is below 50, momentum is considered bearish.
Visualization
The script plots:
* the RSI line
* a configurable overbought level
* a configurable oversold level
* a neutral midline at 50
The area between overbought and oversold levels is visually highlighted, making momentum zones easy to interpret at a glance.
Use case
This indicator is intended for:
* identifying overbought and oversold conditions
* spotting momentum shifts and potential reversals
* confirming trend strength and continuation
* divergence analysis between price and momentum
For traders looking to combine classical momentum tools with modern AI-driven chart analysis, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - MACDstelaraX – MACD
stelaraX – MACD is a classic momentum and trend-following indicator based on the relationship between two exponential moving averages. It is designed to visualize trend direction, momentum strength, and potential reversal points in a clear and uncluttered way.
This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation.
stelarax.com
Core logic
The MACD is calculated using three user-defined parameters:
* fast moving average period
* slow moving average period
* signal line smoothing period
The indicator consists of:
* the MACD line, calculated as the difference between the fast and slow EMA
* the signal line, which is an EMA of the MACD line
* the histogram, representing the difference between MACD and signal line
Momentum increases when the histogram expands and decreases when it contracts. Crossovers between the MACD line and the signal line highlight potential trend shifts.
Visualization
The script plots:
* the MACD line
* the signal line
* a color-coded histogram
Histogram bars adapt their color dynamically:
* green tones for positive momentum
* red tones for negative momentum
* brighter colors when momentum is increasing
* softer colors when momentum is weakening
A zero baseline is plotted to clearly separate bullish and bearish momentum phases.
Use case
This indicator is intended for:
* momentum and trend analysis
* identifying trend continuation and exhaustion
* confirming price action and breakout signals
* divergence observation between price and momentum
For traders looking to combine classical indicators with modern AI-driven chart analysis, additional tools are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - Keltner ChannelstelaraX – Keltner Channel
stelaraX – Keltner Channel is a volatility-based price channel indicator that combines an exponential moving average with the Average True Range to define dynamic upper and lower boundaries around price. The indicator is designed to highlight trend direction, volatility expansion, and potential breakout or mean reversion zones.
For advanced AI-based chart analysis and automated volatility interpretation, visit stelarax.com
Core logic
The indicator calculates the Keltner Channel using three components:
* an exponential moving average as the central basis line
* an upper band defined as EMA plus a multiple of ATR
* a lower band defined as EMA minus a multiple of ATR
Both the EMA period and ATR period are user-configurable, as well as the ATR multiplier, allowing precise control over channel width and sensitivity.
Visualization
The script plots:
* the EMA basis line
* the upper Keltner Channel band
* the lower Keltner Channel band
The area between the upper and lower bands can be filled with a semi-transparent color to clearly visualize the active volatility range. All colors are fully customizable for clean chart integration.
Use case
This indicator is intended for:
* trend-following and channel-based strategies
* identifying volatility expansion and contraction
* breakout and pullback analysis
* dynamic support and resistance evaluation
* combining volatility with trend direction
For a fully automated AI-driven chart analysis solution, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - Ichimoku CloudstelaraX – Ichimoku Cloud
stelaraX – Ichimoku Cloud is a complete trend and market structure indicator based on the traditional Ichimoku Kinko Hyo system. The indicator visualizes trend direction, momentum, and support and resistance zones using a single integrated framework.
For advanced AI-based chart analysis and automated multi-indicator interpretation, visit stelarax.com
Core logic
The indicator calculates all main Ichimoku components using configurable periods:
* Tenkan-Sen is calculated as the midpoint of the highest high and lowest low over a short period
* Kijun-Sen is calculated as the midpoint over a medium period
* Senkou Span A is the average of Tenkan-Sen and Kijun-Sen and is projected forward
* Senkou Span B is the midpoint over a longer period and is projected forward
* Chikou Span represents current price shifted back by the displacement value
This structure provides a complete view of trend, momentum, and equilibrium.
Visualization
The script plots all Ichimoku elements directly on the chart:
* Tenkan-Sen and Kijun-Sen lines
* Chikou Span plotted backward
* Senkou Span A and Senkou Span B projected forward
* filled cloud area between Senkou spans
The cloud color dynamically reflects bullish or bearish conditions depending on the relationship between Senkou Span A and Senkou Span B.
Use case
This indicator is intended for:
* identifying overall trend direction and strength
* spotting dynamic support and resistance zones
* evaluating momentum and trend continuation
* filtering trades using cloud bias
* multi-timeframe trend alignment
For a fully automated AI-driven chart analysis solution, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - ATRstelaraX – ATR
stelaraX – ATR is a volatility indicator based on the Average True Range (ATR). It measures the average price movement over a defined period and provides a clear view of current market volatility independent of price direction.
For advanced AI-based chart analysis and automated volatility evaluation, visit stelarax.com
Core logic
The indicator calculates the Average True Range using a user-defined period.
ATR is derived from the true range, which considers:
* current high minus current low
* absolute difference between current high and previous close
* absolute difference between current low and previous close
The ATR value reflects the average volatility over the selected lookback window.
Visualization
The script plots a single ATR line in a separate indicator pane:
* smooth volatility line
* configurable period length
* customizable line color
* clean and minimal visual design
The indicator does not generate signals and is intended purely for volatility assessment.
Use case
This indicator is intended for:
* measuring market volatility
* defining dynamic stop loss and take profit distances
* position sizing and risk management
* identifying volatility expansion or contraction
* filtering trades based on market conditions
For a fully automated AI-driven chart analysis solution, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - ADXstelaraX – ADX
stelaraX – ADX is a trend strength indicator based on the Average Directional Index (ADX) and its directional components DI+ and DI-. The indicator is designed to help traders distinguish between trending and ranging market conditions without focusing on trade direction alone.
For advanced AI-based chart analysis and automated trend evaluation, visit stelarax.com
Core logic
The indicator is calculated using the Directional Movement Index methodology and consists of three components:
* ADX measures overall trend strength
* DI+ represents positive directional movement
* DI- represents negative directional movement
The ADX value is smoothed using a user-defined smoothing period. A configurable threshold level is plotted to visually separate weak and strong trend conditions.
Visualization
The script plots all components in a separate pane:
* ADX line to evaluate trend strength
* DI+ line to show bullish directional pressure
* DI- line to show bearish directional pressure
* horizontal threshold line to highlight trending conditions
Colors for each line and the threshold level are fully customizable.
Use case
This indicator is intended for:
* identifying strong versus weak market trends
* filtering trades based on trend strength
* avoiding range-bound market conditions
* confirming trend continuation or exhaustion
* combining with breakout, structure, or momentum strategies
For a fully automated AI-driven chart analysis solution, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - Auto FibonaccistelaraX – Auto Fibonacci
stelaraX – Auto Fibonacci is an automatic Fibonacci plotting indicator that detects recent pivot highs and pivot lows and draws Fibonacci retracement and extension levels across the latest swing range. The script updates dynamically whenever a new pivot is confirmed, providing an always-current Fibonacci map without manual drawing.
For advanced AI-based chart analysis and automated Fibonacci interpretation, visit stelarax.com
Core logic
The indicator detects swing pivots using a user-defined pivot lookback:
* pivot highs are detected using pivot high confirmation
* pivot lows are detected using pivot low confirmation
When a new pivot is confirmed and both a recent high and low are available, the script:
* defines the swing range between the latest pivot high and pivot low
* draws Fibonacci levels across that range
* extends the levels forward by a configurable number of bars
The plotted level set includes retracements and extensions:
* -0.618 and -0.272
* 0.0, 0.236, 0.382, 0.5, 0.618, 0.786, 1.0
* 1.272 and 1.618
Extensions can be enabled or disabled via a dedicated setting.
Visualization
Fibonacci levels are plotted as horizontal lines and labeled with:
* the Fibonacci ratio
* the corresponding price value
Colors are assigned based on level type:
* 0 and 1 levels use a dedicated highlight color
* 0.5 uses a key level color
* standard retracement levels use a base fib color
* extension levels use a separate extension color
When a new pivot forms, the indicator clears the previous Fibonacci drawings and redraws the full set to keep the chart clean and current.
Use case
This indicator is intended for:
* automatic Fibonacci retracement mapping on the latest swing
* identifying potential reaction levels for pullbacks and continuations
* projecting extension targets beyond the current range
* level-based confluence with structure, liquidity, and zones
* multi-timeframe Fibonacci alignment
For a fully automated AI-driven chart analysis solution, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
RSI(5) on RSI(14)RSI(5) on RSI(14)
This indicator is displayed in a separate pane and works on all timeframes.
It combines a classic RSI with a secondary RSI calculated on the RSI values themselves, allowing deeper analysis of momentum and internal strength.
Indicator Logic
The indicator consists of two components:
RSI (period 14) calculated from price data (default: Close).
RSI (period 5) calculated on the values of RSI(14), equivalent to Previous Indicator’s Data in MetaTrader.
This structure helps to:
identify overbought and oversold zones using the primary RSI,
observe acceleration, deceleration, and momentum shifts inside the RSI itself using the secondary RSI.
Visualization
RSI(14) is plotted as a configurable colored line.
RSI(5) on RSI(14) is plotted as a thin black line on top of the main RSI.
The indicator scale is fixed between 0 and 100.
Levels
20 and 80 — configurable oversold and overbought levels:
adjustable values,
customizable color,
line width,
line style (solid, dashed, dotted).
50 level:
black,
thin,
dashed,
acts as a mid-level equilibrium reference.
Inputs
Users can adjust:
RSI(14) period,
RSI(5) period,
price source for RSI(14),
colors and line widths,
level values and styles for 20 / 80.
Use Cases
This indicator can be used for:
momentum and strength analysis,
detecting internal RSI momentum shifts,
trend confirmation and filtering,
standalone oscillator analysis or as part of a larger trading system.
stelaraX - Donchian ChannelstelaraX – Donchian Channel
stelaraX – Donchian Channel is a classic price channel indicator designed to track market extremes over a defined lookback period. The indicator highlights the highest high and lowest low, providing a clear view of price range, breakout levels, and trend strength.
For advanced AI-based chart analysis and automated range interpretation, visit stelarax.com
Core logic
The indicator calculates the Donchian Channel using a user-defined period:
* upper band represents the highest high over the selected period
* lower band represents the lowest low over the selected period
* middle line represents the midpoint between upper and lower bands
This structure allows traders to quickly identify range boundaries and directional bias.
Visualization
The script plots:
* the upper Donchian Channel line
* the lower Donchian Channel line
* a central midpoint line
The area between the upper and lower bands can be filled with a semi-transparent color to clearly visualize the active trading range. All colors are fully customizable.
Use case
This indicator is intended for:
* breakout and trend-following strategies
* identifying support and resistance ranges
* volatility and range expansion analysis
* channel-based trade management
* multi-timeframe range evaluation
For a fully automated AI-driven chart analysis solution, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
