ATT Numbers Header (Movable)For anybody that trades with ATT (Advanced Time Technique) And can't remember the numbers and want's to have them on their chart at all time with full customizability as well this indicator is for you.
Indicadores e estratégias
Multi-Market Trend-Pullback Alerts (EMA20/50 + RSI) [v6]//@version=6 replaces 5
Some functions (like label.delete) need to be called as methods
Minor syntax tightening around string concatenation and label management
All alertcondition() and table logic still works, but must be explicitly version 6 compatible
TGFA Flexible Alerts Multi-MA CrossoversTGFA Flexible Alerts, Multi-MA Crossovers
Description
Flexible MA crossovers with BUY/SELL alerts, customizable candle colors, and an info box for ATR/volatility insights. Supports EMA/SMA/HMA/VWAP on any chart.
Overview
TGFA Flexible Alerts is a versatile Pine Script indicator for traders seeking customizable moving average (MA) crossovers, visual signals, and quick-reference metrics. It overlays crossover lines (e.g., fast EMA over slow SMA), generates BUY/SELL labels and alerts, colors candles based on themes, and includes an optional info box with ATR bands, support/resistance, and trend projections. Built for any symbol and timeframe (optimized for 1H intraday), it auto-detects Heikin Ashi charts and handles mixed MA types like responsive HMA with lagging EMAs. All logic uses built-in TA functions for reliability—no repainting on confirmed bars.
Key Features
MA Crossover Engine: Configurable lines (EMA, SMA, HMA, VWAP) with dynamic colors (HMA tints green/red based on slope). Enable/disable via inputs.
Invert Signals Toggle: Flips BUY/SELL logic for mixed MA setups (e.g., HMA as fast line over EMA).
Reasoning: Traditional crossovers assume a fast line (low lag) crossing above a slow line (high lag) for buys. HMA's hull design makes it ultra-responsive, so it may "lead" too aggressively—causing premature signals. Inverting aligns it with user intuition (e.g., HMA dipping below then recovering signals strength), reducing false positives in trending markets. Test on your pairs!
Visual Alerts: BUY/SELL labels at crossover price (with optional price display and offset adjustment).
Single MA Overlays: Independent plots for EMA/SMA/HMA/VWAP (length 0 to hide).
Info Box: Real-time table with current price, ±1/2 ATR bands, median price (over lookback), trend (SMA50 slope), volatility % (ATR normalized), support/resistance (recent highs/lows), and reversal projections (tied to SMA50 pivot for up/down bias).
Candle Coloring: 20+ themes (dark/light canvases) for bull/bear/reversal/low-volume bars—e.g., Emerald Blaze greens uptrends, dims on low vol. Toggle off for no changes.
Chart Source Flexibility: Auto-switches to Heikin Ashi if detected; manual override for Regular/HA.
Alerts fire on crossovers/crossunders (custom messages with ticker/interval). Open-source for forking.
How to Use
Add to Chart: Search in TradingView's public library, apply to any symbol (e.g., stocks, forex). Best on 1H for intraday, but works on daily/weekly too.
Setup Crossovers: Choose Line 1/2 types/lengths (e.g., HMA 9 over SMA 20). Enable "Invert Signals" if using HMA—prevents lag mismatches in volatile assets.
Alerts & Labels: Toggle labels for visuals; set TradingView alerts on "Buy"/"Sell" conditions. Use offset for crowded charts.
Info Box Insights: Enable for quick scans—e.g., enter long near support if trend is bullish and price > median. Adjust ATR length (default 14) for sensitivity.
Candle Themes: Pick a scheme (e.g., Neon Pulse for dark mode); it overrides bar colors without altering data.
Customization Tip: For HMA-heavy setups, invert + short lengths (5-9) catch turns early; pair with volume filter in alerts.
Limitations & Disclaimers - Designed for overlay on price charts; may overlap in tight ranges—adjust transparency via styles.
HMA can repaint intra-bar; signals confirm on close. Not back tested for all assets—validate with strategy tester.
Info box projections use SMA(50) as a trend pivot (same for up/down as reference); customize via code for advanced calcs. Candle colors are cosmetic only.
This is an analysis tool, not advice. Trading involves risk; combine with fundamentals/news. Past performance isn't indicative of future results. No liability for losses.
I'm still a newbie, so feedback encouraged!
Thank you!!
ThisGirl
Candle Pattern Detector SMC with Alerts @AshokTrendJust Follow Hammer, Inverted Hammer, Hanging Man, Engulfing, volume adn smc consideration,
Trading the candlestick patterns (Hammer, Inverted Hammer, Hanging Man, Bullish/Bearish Engulfing) with volume confirmation adds an important layer of validation, helping to filter false signals and improve trade success. Here’s how to integrate volume into your strategy:
***
### How to Trade Candlestick Patterns with Volume Confirmation
#### 1. Understand Volume Role
- Volume shows the strength behind price moves:
- Higher volume on a pattern (compared to recent average) indicates strong participation, increasing the pattern’s reliability.
- Low volume may mean weak conviction and higher risk of failure.
#### 2. Volume Confirmation Rules
- Define a volume threshold, for example:
- Current candle’s volume > average volume of last 10 or 20 candles (or a fixed multiplier, e.g., 1.2× average).
- For bullish patterns (Hammer, Inverted Hammer, Bullish Engulfing): confirm with rising volume on pattern candle or next candle.
- For bearish patterns (Hanging Man, Bearish Engulfing): confirm with higher volume on pattern candle indicating strong selling.
#### 3. Entry Signals with Volume
- **Bullish Entry:**
- Signal candle (Hammer, Bullish Engulfing, etc.) appears near support or order block.
- Volume on the signal candle or immediate next candle is higher than average.
- Enter long on confirmation candle or close of signal candle.
- **Bearish Entry:**
- Signal candle (Hanging Man, Bearish Engulfing, etc.) appears near resistance or supply zone.
- Volume on the signal candle or immediate next candle exceeds average.
- Enter short on confirmation candle or close of signal candle.
#### 4. Stop Loss & Targets
- Place stop loss just below (for longs) or above (for shorts) the low/high wick of the signal candle or the order block zone.
- Set take profit based on nearby support/resistance, risk-reward ratio, or a fixed number of candle closes.
#### 5. Avoid Trading Without Volume Confirmation
- Reject candles if volume is below threshold to reduce false signals.
### Summary
Trading candlestick patterns combined with volume confirmation ensures only well-supported setups are taken, improving win rates and reducing noisy or fake signals. Volume adds a critical dimension to the SMC candle patterns for binary or any form of trading.
Would you like me to generate a full Pine Script that integrates volume confirmation with the patterns you requested?
Candle Open-Close DifferenceThis script gives you the different price/points for each candle open and close.
FRAMA Channel [JopAlgo]FRAMA Channel — let the market tell you how fast to move
Most moving averages make you pick a speed and hope it fits every regime. FRAMA (Fractal Adaptive Moving Average, popularized by John Ehlers) does the opposite: it adapts its smoothing to market structure. When price action is “trendy” (more directional, less jagged), FRAMA speeds up; when it’s choppy (more fractal noise), FRAMA slows down and filters the rubble.
FRAMA Channel wraps that adaptive core with a volatility channel and clean color logic so you can read trend, mean-reversion windows, and breakouts in one glance—on any timeframe.
What you’re seeing (plain-English tour)
FRAMA midline (Filt): the adaptive average. It’s computed from a fractal dimension of price over Length (N).
Trendy tape → lower fractal dimension → FRAMA tracks price tighter.
Choppy tape → higher fractal dimension → FRAMA smooths harder.
Channel bands (Filt ± distance × volatility): the “breathing room.” Volatility here is a long lookback average of (high − low).
Upper band = potential resistance in down/neutral or trend-walk path in uptrends.
Lower band = mirror logic for shorts.
Color logic (simple and strict):
Green when price breaks above the upper band → bullish regime (momentum present).
Red when price breaks below the lower band → bearish regime.
White when price crosses the FRAMA midline → neutral/reset.
Optional candle coloring: toggle Color Candles to tint the chart itself with the regime color—handy for quick reads.
(When you add screenshots: image #1 should label FRAMA, bands, and the three colors in a small trend + pullback. Image #2 can show a “squeeze → expansion” sequence: channel tightens, then price breaks and walks the band.)
How it’s built (without the jargon)
The script measures three ranges over your Length (N): two half-windows and the full window.
It converts those into a fractal dimension (Dimen). That number says “how zig-zaggy” price is right now.
It turns Dimen into an alpha (smoothing factor): alpha = exp(−4.6 × (Dimen − 1)), clamped so it never explodes or flatlines.
It updates FRAMA each bar using that alpha.
It builds bands using a long average of (high − low) multiplied by your Bands Distance setting.
It changes color only on confirmed bar events:
hlc3 crosses above the upper band → green
hlc3 crosses below the lower band → red
close crosses the midline → white
Result: a channel that tightens in balance, widens in trend, and doesn’t flicker on partial bars.
How to use FRAMA Channel on any timeframe
Same framework everywhere. Your job is to choose where to act (objective levels) and let FRAMA tell you trend/mean-reversion context and breakout quality.
Scalping (1–5m)
Pullback-to-midline (trend): When color is green, buy pullbacks that hold at/above the midline; when red, short pullbacks that fail at/below it.
Invalidation: a white flip (midline cross back) right after entry → tighten or bail.
Squeeze → break: A narrowing channel often precedes a move. Only chase the break if color flips to green/red and the first pullback holds the band/midline.
Intraday (15m–1H)
Trend rides: In green/red, expect price to walk the outer band. Entries on midline kisses are cleaner than chasing the band itself.
Balance fades: In white (neutral) with a tight channel, fade outer band → midline—but only at a real level (see “Pairing” below).
Swing (2H–4H)
Regime compass: Color changes that stick (several bars) often mark swing regime shifts. Combine with Weekly/Event AVWAP and composite VP levels.
Add/Trim: In an uptrend, add on midline holds; trim as the channel widens and price spikes beyond the upper band into HVNs.
Position (1D–1W)
Context first: A persistent green weekly channel is constructive; a persistent red is distributive.
Patience: Wait for midline retests at higher-TF levels rather than chasing outer-band prints.
Entries, exits, and risk (keep it simple)
Continuation entry (trend):
Color already green/red.
Price pulls back to FRAMA midline (or shallowly toward it) and holds.
Take the trend side.
Stop: beyond the opposite side of the midline or behind local structure.
Targets: your Volume Profile HVN/POC or prior swing, not the band alone.
Breakout entry:
Channel had tightened; price breaks a key level.
Color flips green/red and the first retest holds.
Enter with the break.
Avoid: breaks that flip color but immediately white-flip on the next bar.
Mean-reversion entry (balance):
Color white and channel tight.
At a VP edge (VAL/VAH), fade outer band → midline.
Stop: just outside the band; Exit: at midline/POC.
Settings that actually matter (and how to tune them)
Length (N) — default 26
Controls how FRAMA “reads” structure.
Shorter (14–20): faster, more responsive (good for scalps/intraday), more flips in chop.
Longer (30–40): steadier (good for swings/position), slower to acknowledge new trends.
Bands Distance — default 1.5
Scales the channel width.
If you’re constantly tagging bands, increase slightly (1.7–2.0).
If nothing ever reaches the band, decrease (1.2–1.4) to make context meaningful.
Color Candles — on/off
Great for quick regime reads. If your chart feels too busy, leave bands colored and turn candle coloring off.
Warm-up note: FRAMA references N bars. Right after switching timeframes or symbols, give it N–2N bars to settle before you judge the current state.
(You may see an input named “Signals Data” in this version; it’s reserved for future enhancements.)
What to look for (pattern cheat sheet)
Walk-the-band: After a green/red flip, price hugs the outer band while the midline slopes. Ride pullbacks to the midline, don’t fade the band.
Squeeze → Expansion: Channel pinches, then color flips and bands widen—that’s the move. The first midline retest is your best entry.
False break tell: Brief color flip to green/red that immediately reverts to white on the next bar—skip chasing; plan for a reclaim.
Midline reclaims: In chop, repeated white↔green/white↔red flips say “mean reversion”; stay tactical and target the midline/POC.
Pairing FRAMA Channel with other tools
Cumulative Volume Delta v1 (CVDv1):
FRAMA tells you trend/mean-reversion context; CVDv1 tells you flow quality.
Breakout quality: FRAMA flips green and CVDv1 ALIGN = OK, Imbalance strong, Absorption ≠ red → higher odds the break sticks.
If Absorption is red on a FRAMA green flip, do not chase—wait for retest or look for a fail/reclaim.
Volume Profile v3.2:
Use VAH/VAL/LVNs/POC for where.
Green + VAL retest → rotate toward POC/HVN.
Red + VAH rejection → rotate back to POC.
LVN + green flip → expect fast travel toward the next HVN; set targets there.
Anchored VWAP :
Treat AVWAP as fair-value rails.
AVWAP reclaim + FRAMA green → excellent trend-resume entry.
AVWAP rejection + FRAMA red → high-quality short; use midline as your risk guide.
Common pitfalls this helps you avoid
Chasing every poke: FRAMA’s white → green/red state change helps you wait for confirmation (or a retest) instead of reacting to the first wick.
Fading a real trend: A sloped midline with price walking the band is telling you not to fight it.
Stops too tight: In expansion, give the trade room to the midline or local structure, not just inside the channel.
Practical defaults to start with
Length: 26
Bands Distance: 1.5
Color Candles: on (turn off if your chart is busy)
Timeframes: works out of the box on 15m–4H; for 1–5m try Length=20; for daily swings try Length=34–40.
Open source & disclaimer
This indicator is published open source so traders can learn, tweak, and build rules they trust. No tool guarantees outcomes; risk management is essential.
Disclaimer — Not Financial Advice.
The “FRAMA Channel ” indicator and this description are provided for educational purposes only and do not constitute financial or investment advice. Trading involves risk, including possible loss of capital. makes no warranties and assumes no responsibility for any trading decisions or outcomes resulting from the use of this script. Past performance is not indicative of future results.
Use FRAMA Channel for context (trend vs balance, squeeze vs expansion), Volume Profile v3.2 and Anchored VWAP for locations, and CVDv1 for flow quality. That trio keeps your trades selective and your rules consistent on any timeframe.
Bitcoin Buy HODL Sell Indicator - MonthlyWMA16 (monthly)
EMA200 (weekly)
These are the indicators you need for BTCs bull / bear market recognition.
Green candles = bull market
Red candles = beginning of bear market
Purple candles = End of bear market
by Stockmoney Lizards
TTM Squeeze Range Lines (with Forward Extension) By Gautam KumarThis TTM Squeeze Range Lines script helps visualize breakout levels by marking the recent squeeze’s high and low, making it easier to identify potential trade setups. Each signal line is extended for visibility, showing possible entry levels after a squeeze.
Interpreting the LinesLight blue background marks periods when the TTM squeeze is active (tight volatility).
Green line is drawn at the highest price during the squeeze, extended forward—this is commonly used as the breakout level for long entries.
Red line shows the lowest price during the squeeze, indicating the bottom of the range—potential stop loss positioning or an invalidation level.
When the squeeze background disappears, the horizontal lines will have just appeared and extended forward for several bars after the squeeze ends.
If the price breaks above the green line (the squeeze high), it signals a possible momentum breakout, which traders often use as a long entry.
The red line can be used for placing stop losses or monitoring failed breakouts if price falls below this level.
Best Practices
Combine these levels with volume and momentum confirmation for strong entries.
Adjust the extension length (number of bars forward) from the settings menu to fit your preference.
For systematic trading, use these breakout signals alongside chart pattern or histogram confirmation.
This makes it easy to visualize strong entry zones based on the end of squeeze compression, supporting both discretionary and automated swing trading approaches
Level Marking - Day Levels, Fib, Swing high Low)Plots key day levels: previous day PH/PL/PC and live current CH/CL, each as extend-right lines with optional dashed style and right-side zig-zag price labels.
Adds “Golden Fib” 0.5 & 0.618 from the prior day’s High–Low (you can flip Low→High or High→Low to match TV’s Fib tool).
Marks fast swings (3-bar) with blue boxes that trail the latest price—great for quick scalps.
Marks slow swings (7-bar) with red horizontal lines extended to the right; price labels sit at the line ends.
Everything updates in real time each bar and respects TradingView’s future-object limits.
Ultra Liquidity Heatmap v2 [JopAlgo]Ultra Liquidity Heatmap v2 — map where price is likely to pause, ping, or pivot
Core idea
This study paints “liquidity shelves” on your chart—zones where unusually high traded volume likely clustered. In practice, those zones behave like magnets and barriers:
Magnets → price tends to revisit them.
Barriers → price often stalls / wicks there, or breaks only when there’s real pressure.
Think of each colored box as a footprint from prior transactions: “a lot of business got done here.” Price frequently checks back to these footprints to find counterparties again.
What you’ll see
Colored boxes that extend to the right from a bar’s range (high→low).
The color shows how extreme that bar’s volume was versus a long baseline.
Two streams of boxes:
High-side maintenance (built off highs)
Low-side maintenance (built off lows)
Both extend forward and update as price interacts.
Transparency control so you can keep price visible under the heatmap.
Read it fast → Where are the densest clusters of boxes? Are we approaching one from above/below? Did we wick into a box and snap back, or accept inside it?
What “liquidity” means here (plain language)
In order to move, price needs counterparties.
Areas that printed unusually high volume in the past are places where both sides engaged.
Those areas often become future decision spots: either absorb incoming orders (hold) or reject them (wick/reverse) or, if overwhelmed, price pushes through and trends.
This indicator does not show the live order book. It uses a robust proxy: statistical outliers in completed volume to infer where the book tended to be deep (and may be again).
Color scale (how extremes are decided)
We compute a Z-score for the previous bar’s volume against a 610-bar baseline:
Z > 4.0 → Extra High (default yellow) → major shelf
Z > 2.5 → High (default orange) → strong shelf
Z > 1.0 → Medium (default white)
Z > −0.5 → Normal (default lime)
else → Low (default aqua)
You can toggle which tiers to show and use gradient coloring to see intensity inside a tier.
Practical tip → For a clean map, start with Extra High and High only. Add Medium on thin markets or higher timeframes.
How the boxes behave
Each detected bar spawns a box from that bar’s high to low and extends it right.
As new bars print:
If price pushes above a high-based box, that box is retired (it didn’t hold).
If price pushes below a low-based box, that box is retired.
Otherwise, the box can adjust to the latest interaction so it stays relevant to the current range.
Meaning → The map evolves with price. You always see the still-relevant shelves, not stale ones.
The three main behaviors at a shelf
Magnet → price drifts into the box (fills in), then decides: continue or reverse.
Reject → sharp wick into the box and immediate reversal → great location to fade if other signals agree.
Accept → clean close inside/through the box and follow-through → look for break-and-retest to trade with the move.
Decide with arrows →
Approach from above → watch for reject ↘ or accept ↘
Approach from below → watch for reject ↗ or accept ↗
How to trade it (simple playbook)
1) Frame the day / swing
Map Extra High / High shelves on your higher TF (e.g., 4H / 1D).
Note clusters (multiple boxes overlapping) → stronger magnets.
2) Execute at the shelf, not mid-air
Continuation
→ Price accepts ↗ through a shelf, then retests from above and holds → long toward the next shelf.
→ Mirror ↘ for shorts.
Reversion
→ Price tags a shelf and rejects ↘ (coming from above) or rejects ↗ (from below) with confirmation → fade back to the prior range node.
3) Confirm the decision
CVDv1 (optional) →
Accept = taker flow with the break (Alignment OK).
Reject = taker attempts absorbed at the shelf (Absorption).
Volume Profile v3.2 →
Prefer trades when shelves align with VAH/VAL/POC/LVNs (location first).
Anchored VWAP →
Reclaim/reject at AVWAP that sits inside or on the edge of a shelf is high-quality timing.
4) Risk & targets
Stops → just beyond the shelf extreme you used for entry (if it’s a reject) or under/over the retest (if it’s an accept).
Targets → the next shelf; partials at intermediate VP nodes; trail if shelves are stair-stepping.
Settings that matter (and how to tune)
BG Transparency → make boxes readable without hiding price.
Box Index → where a box begins on the x-axis.
Set to 501 to anchor boxes exactly at their creation bar.
Lower values shift the start to keep the chart tidy on fast TFs.
Show tiers → start with Extra High / High; add Medium only if the map looks sparse.
Gradient coloring → keep on to see intensity; turn off for a flatter, cleaner palette.
Reading examples (quick arrow notes)
Approach from below → accept ↗ → retest holds ↗ → continuation long to next shelf.
Approach from above → wick inside → reject ↘ → rotation back toward prior node.
Multiple shelves stacked tight → expect pause / chop; wait for clear accept ↗/↘ plus retest.
Common mistakes this helps you avoid
Trading mid-range with no shelf in play.
Fading a shelf without a reject ↘ / ↗ confirmation.
Chasing a break without an accept ↗/↘ + retest.
Treating any colored box as equal—Extra High matters more than Normal/Low.
Best combos (kept simple)
Volume Profile v3.2 → shelves that coincide with VAH/VAL/POC/LVNs are higher-probability decision spots.
Anchored VWAP → reclaimed/rejected AVWAP inside a shelf = strong confirmation.
CVDv1 (optional) → confirms accept ↗/↘ (with flow) or reject (absorption).
FAQ (quick clarity)
Is this the live order book? → No. It’s a volume-based proxy for likely liquidity.
Why do boxes disappear? → When price invalidates them (pushes past their boundary), they’re retired—keeps the map current.
Which timeframe? → Build the map on your execution TF (e.g., 4H/1H) and confirm with one higher (1D/4H). Thin markets may benefit from adding Medium tiers.
Disclaimer
This indicator and description are for education only, not financial advice. Trading involves risk; results vary by market, venue, and settings. Test first, act at defined levels, and manage risk. No guarantees or warranties are provided.
ES/NQ/SPY/QQQ Sync⚡ Title: ES/NQ/SPY/QQQ Sync
🪶 Short Description: Tracks ES, NQ, SPY & QQQ alignment to reveal when the market moves as one.
⚡ ES/NQ/SPY/QQQ Sync
See when Wall Street’s biggest movers align.
This indicator shows when the S&P 500 (ES/SPY) and Nasdaq (NQ/QQQ) move together — revealing moments of true market consensus or divergence risk.
🧠 Concept
When multiple major indices agree, it often signals a strong, unified market trend.
This script measures percentage changes across four core market benchmarks and highlights when 3 or more are moving in the same direction — a visual pulse of market confidence or caution.
⚙️ Features
✅ Tracks ES1!, NQ1!, SPY, and QQQ in real time
✅ Highlights new bullish and bearish sync events with background shading
✅ Clean info table showing % change, direction, and current sync status
✅ Adjustable lookback, minimum move, and sync threshold
✅ Optional triangle markers and alert conditions
💡 How to Use
Use this tool to gauge broad market alignment and filter false breakouts.
When all four sync bullish → momentum often strengthens.
When they diverge → volatility or indecision can increase.
Combine it with your strategy or trend tools for powerful confirmation.
📊 Example Insights
All four bullish → market-wide momentum
All four bearish → broad risk-off sentiment
Mixed signals → rotation or chop likely
⚠️ Disclaimer:
This script is for educational and analytical purposes only.
It does not provide financial advice or guaranteed trading results.
High Time Frame (HTF) Swing PointsIdentify and display swing highs and lows across multiple higher timeframes on a chart, overlaying horizontal lines and customizable labels at these swing points.
Timeframes
Five user-defined higher timeframes (default settings: 5-minute, 15-minute, 1-hour, 4-hour, and daily)
Manually show/hide individual timeframes
When chart’s timeframe is set higher than one of the five configured, the indicator will automatically hide it. This helps to prevent clutter when navigating between timeframes on the chart
Swing Levels
Configure the line color, opacity, width and weather it’s solid/dotted/dashed
Once swing levels are identified, the indicator will look for the chart candle where the line starts
When price crosses the swing level, the line will be terminated
Tags
Customize the tag text for each individual timeframe, using blank if a tag is not desired for that timeframe
A tag text color can be set for all tags or base it on the line color
Set tag text size based on: Auto, Tiny, Small, Normal, Large
Choose how far to the right of the line the tag text should appear, as an integer representing the size of a candle
Choose to clear the tag or leave it in place after price crosses a swing level
Use Cases
Visualize key swing points from higher timeframes to identify potential reversal or breakout zones
Identify possible low resistance liquidity run (LRLR) areas
Use swing points for stop placement or as targets or draws on liquidity
Dynamic Sessions - Asia, London, New YorkThis indicator lets you set trading sessions (custom sessions) and print them out as dynamic polyboxes instead of traditional rectangles which lets you identify strong moves and trends easier.
WaveTrend Oscillator v3 [JopAlgo]WaveTrend Oscillator v3 — reversal focus with confirmation, not guesswork
Core idea
WaveTrend (WT) gives you a smoothed oscillator pair (WT1 and WT2) with overbought/oversold rails and a momentum histogram. This v3 adds two filters so reversals are earned, not guessed:
Heikin-Ashi trend check → only take crosses with candle bias
Reversal Confidence Score (RCS) → only fire when momentum vs ATR is strong enough
Add an optional divergence check so you only act when price and oscillator disagree into extremes.
What you’ll see
WT1 (green) and WT2 (red)
Histogram = WT1 − WT2 (gray columns)
Rails: Overbought = +60, Oversold = −60, and the Zero line
Labels when all conditions align → Smart Buy (below) or Smart Sell (above)
Read it fast → Are we near +60/−60? Did WT1 cross WT2? Is the histogram expanding in that direction? Did a Smart label print?
How the signals are built
A signal prints only if all are true:
Cross → Bull: WT1 crosses up WT2; Bear: WT1 crosses down WT2
Extreme → Bull: WT1 below −60; Bear: WT1 above +60
RCS filter → |WT1 − WT2| scaled by ATR must be > threshold (default 80)
Heikin-Ashi agreement → HA close vs open points the same way as the cross
Divergence (lookback N) → Bull: oscillator makes lower low while price doesn’t; Bear: oscillator higher high while price doesn’t
Result → a reversal-grade setup, not a continuation ping.
How to use it (simple playbook)
Direction filter
If you want a pure reversal tool, keep the default rails (+60/−60) → you’ll wait for true extremes.
If you want more frequency, relax the rails (e.g., +50/−50) or lower RCS (e.g., 70 → 65). More signals → more noise.
Entry logic
Long reversal template
→ Price drives down into a value area edge (VAL/LVN)
→ WT1 < −60, WT1 ↗ WT2, RCS > threshold, HA bias up, bullish divergence
→ Enter on reclaim of the level or on the first higher-low after the cross
Short reversal template
→ Price pushes into VAH/HVN
→ WT1 > +60, WT1 ↘ WT2, RCS > threshold, HA bias down, bearish divergence
→ Enter on rejection and lower-high after the cross
Location first (always)
Use Volume Profile v3.2 (VAH/VAL/POC/LVNs) for where to act
Use Anchored VWAP (session/weekly/event) for who has control
No level → no trade. A WT flip into a level is better than one mid-range.
Risk & targets
Stops → beyond the sweep extreme or beyond the reclaimed level
Targets → ladder to next Fib/VP nodes (POC/HVNs, VA mid), then trail behind swings or the WT zero-line reclaim
Settings that matter (and how to tune)
WT Length (default 10) → core smoothing of the channel
→ Lower = faster turns; higher = calmer oscillator
WT EMA Smoothing (default 21) and Signal Smoothing (default 3)
→ Increase to reduce chop; decrease to react earlier
Overbought / Oversold (default +60/−60)
→ Tighten to +50/−50 for more frequent reversals; widen to +70/−70 for only the strongest
RCS Threshold (default 80)
→ Down to 70 for earlier triggers; up to 90 for only the punchiest turns
Divergence Lookback (default 5)
→ Shorter finds more local divs; longer finds bigger swings
Starter presets
Intraday (15m–1H) → WT 10/21, signal 3, rails ±60, RCS 80, div 5
Swing (2H–4H) → WT 14/28, signal 3–5, rails ±60/±70, RCS 85–90, div 7–9
Pattern cheat sheet
Double-dip divergence → oscillator prints a lower low near −60 while price holds a higher low → high-quality long if RCS/HA agree
Zero-line reclaim after a smart long → momentum shift; use it to trail stops or add on retest
Failure signal → cross fires but RCS < threshold or histogram shrinks back toward 0 into a level → stand down or cut quick
Overbought drift → WT pinned near +60/+70 without cross down → trend grind; don’t fade blindly
Best combos (kept simple)
Volume Profile v3.2 → take WT reversals at VAH/VAL/LVNs; target POC/HVNs
Anchored VWAP → WT cross with an AVWAP reclaim/reject is higher quality
CVDv1 (optional) → prefer flows that align with the reversal; avoid if absorption is fighting you
Common mistakes this helps you avoid
Fading every spike without RCS/HA confirmation
Taking reversals mid-range, far from levels
Treating divergence as timing (it’s context; you still need the cross + filter)
Ignoring the zero-line behavior after entry (weak follow-through)
Disclaimer
This indicator and write-up are for education only, not financial advice. Trading involves risk; results vary by market, venue, and settings. Test first, act at defined levels, and manage risk. No guarantees or warranties are provided.
Trendline Breakouts With Targets [ omerprıme ]Indicator Explanation (English)
This indicator is designed to detect trendline breakouts and provide early trading signals when the price breaks key support or resistance levels.
Trendline Detection
The indicator identifies recent swing highs and lows to construct dynamic trendlines.
These trendlines act as support in an uptrend and resistance in a downtrend.
Breakout Confirmation
When the price closes above a resistance trendline, the indicator generates a bullish breakout signal.
When the price closes below a support trendline, it generates a bearish breakout signal.
Filtering False Signals
To reduce false breakouts, additional conditions (such as candle confirmation, volume filters, or price momentum) can be applied.
Only significant and confirmed breakouts are highlighted.
Trading Logic
Buy signals are triggered when the price breaks upward through resistance with confirmation.
Sell signals are triggered when the price breaks downward through support with confirmation.
RSI: chart overlay
This indicator maps RSI thresholds directly onto price. Since the EMA of price aligns with RSI’s 50-line, it draws a volatility-based band around the EMA to reveal levels such as 70 and 30.
By converting RSI values into visible price bands, the overlay lets you see exactly where price would have to move to hit traditional RSI boundaries. These bands adapt in real time to both price movement and market volatility, keeping the classic RSI logic intact while presenting it in the context of price action. This approach helps traders interpret RSI signals without leaving the main chart window.
The calculation uses the same components as the RSI: alternative derivation script: Wilder’s EMA for smoothing, a volatility-based unit for scaling, and a normalization factor. The result is a dynamic band structure on the chart, representing RSI boundary levels in actual price terms.
Key components and calculation breakdown:
Wilder’s EMA
Used as the anchor point for measuring price position.
myEMA = ta.rma(close, Length)
Volatility Unit
Derived from the EMA of absolute close-to-close price changes.
CC_vol = ta.rma(math.abs(close - close ), Length)
Normalization Factor
Scales the volatility unit to align with the RSI formula’s structure.
normalization_factor = 1 / (Length - 1)
Upper and Lower Boundaries
Defines price bands corresponding to selected RSI threshold values.
up_b = myEMA + ((upper - 50) / 50) * (CC_vol / normalization_factor)
down_b = myEMA - ((50 - lower) / 50) * (CC_vol / normalization_factor)
Inputs
RSI length
Upper boundary – RSI level above 50
Lower boundary – RSI level below 50
ON/OFF toggle for 50-point line (EMA of close prices)
ON/OFF toggle for overbought/oversold coloring (use with line chart)
Interpretation:
Each band on the chart represents a chosen RSI level.
When price touches a band, RSI is at that threshold.
The distance between moving average and bands adjusts automatically with volatility and your selected RSI length.
All calculations remain fully consistent with standard RSI values.
Feedback and code suggestions are welcome, especially regarding implementation efficiency and customization.
Trend MACD [JopAlgo]Trend MACD — momentum made obvious (4-state histogram)
What it does (one line):
A clean MACD histogram using EMA(fast) − EMA(slow) with a signal line. The columns change color to show trend side and momentum change at a glance.
Green = above 0 and rising → positive trend, momentum building
White (upside) = above 0 but fading → still positive, momentum cooling
White (downside) = below 0 but improving → still negative, momentum recovering
Red = below 0 and falling → negative trend, momentum building down
Zero line = the bull/bear divider. Distance from zero = thrust. Color change = momentum shift.
What you’ll see
Dashed zero line for the trend divider
Column histogram with the 4-state color logic above
No clutter—just momentum and regime, clean
Read it in 3 seconds: Which side of 0? Are bars getting bigger or smaller? Did the color flip?
How to use it (simple playbook)
Direction filter
Look for longs while histogram is ≥ 0.
Look for shorts while histogram is ≤ 0.
Timing
Green sequence (above 0, growing): join pullbacks at real levels.
White above 0: positive but cooling—buy pullbacks only at levels, don’t chase.
White below 0: negative but improving—prepare for reclaim trades at levels.
Red sequence: trend down—sell pops at levels.
Location first (always)
Use Volume Profile v3.2 (VAH/VAL/POC/LVNs) and Anchored VWAP (session/weekly/event).
No level, no trade.
Quality check (optional, strong)
CVDv1 : execute when Alignment OK and no Absorption against your side.
RVOL (if you track it): prefer breakouts with RVOL above cutoff.
Entries, exits, risk (keep it tight)
Continuation long: price retests VAL / AVWAP / MA cluster in an up regime (≥ 0). Histogram stays ≥ 0 and turns green again → enter.
Stop: under structure. Targets: POC/HVNs or next swing.
Break + retest: breakout through a level while histogram flips from white→green above 0 (or white→red below 0 for shorts). Enter on the retest that holds.
Trim / avoid: when bars shrink toward 0 (white) into your target / HVN—momentum is cooling. Don’t chase fresh highs with white bars.
Settings that matter (how to tune)
Fast Length (default 25)
Shorter = quicker turns (more noise). Longer = steadier, slower.
Slow Length (default 200)
Big backbone. For intraday you might use 21/55 or 12/26; for swing the default 25/200 or 20/100 is solid.
Signal Smoothing (default 9)
Higher = smoother, fewer flips. Lower = more reactive.
Source
close is fine; if you use hlc3, expect slightly smoother behavior.
Suggested presets
Scalp (1–5m): 12 / 26 / 9
Intraday (15m–1H): 21 / 55 / 9
Swing (2H–4H): 25 / 100 or 25 / 200 / 9
Daily backdrop: 20 / 100 or 50 / 200 / 9 (execute on lower TF)
Pattern cheat sheet
Green staircase above 0 → trend leg; buy pullbacks to VP/AVWAP.
White above 0 → positive but tiring; avoid chasing; wait for retest.
Flip through 0 with expansion → regime change; use the first retest at a level.
Red staircase below 0 → trend down; sell pops at VP edges.
Diverging price vs shrinking bars → momentum thinning; tighten risk.
Best combos (kept simple)
Volume Profile v3.2: entries at VAH/VAL/LVNs, targets at POC/HVNs.
Anchored VWAP: reclaim/reject with matching histogram side is high-quality timing.
CVDv1: take MACD-aligned setups with flow (ALIGN OK, no Absorption).
RVOL: confirmation that the push has participation.
Common mistakes this helps you avoid
Longs with red momentum or shorts with green momentum.
Chasing new highs on white (cooling) bars.
Trading mid-range when histogram keeps whipsawing around 0 (do less; wait for level).
Disclaimer:
This indicator is an educational tool, not financial advice. Markets are risky; you can lose money. Always test your settings, trade at defined levels, and use risk management. Data/feeds vary across venues; outcomes may differ. No guarantees or warranties are provided.
Rate of Change Indicator [JopAlgo] (ROCI)Rate of Change Indicator (ROCI) — see impulse early, skip the dead moves
What it is (one line):
ROCI tells you how fast price changed vs N bars ago , in percent. It’s a clean momentum gauge:
Above 0 → price is higher than N bars ago (bullish momentum).
Below 0 → price is lower than N bars ago (bearish momentum).
Further from 0 → stronger impulse.
The default +5 / −5 bands highlight strong thrust . Zero-line crosses flag momentum shifts.
What you’ll see
Blue line = ROCI.
Orange dotted line = 0 (bull/bear divider).
White dotted lines = ±Strong Momentum levels (default ±5).
Green/red panel tint when ROCI lives above +5 or below −5.
Read in 3 seconds: Which side of 0? How far? Growing or fading vs last bar?
How to use it (simple playbook)
Direction filter
Trade longs only while ROCI > 0.
Trade shorts only while ROCI < 0.
Timing
Breakouts: prefer breaks where ROCI pushes through +5/−5 and holds on the first retest.
Pullbacks in trend: in an uptrend, let ROCI dip toward 0 and then turn back up → entry. (Mirror for downtrends.)
Do less in chop
If ROCI whips around near 0, you’re in balance. Only act at objective levels.
Rule of thumb: Zero cross = heads-up. ±5 hold = go-with.
Entries, exits, risk (use this, keep it tight)
Continuation entry (trend):
Bias up at your level (e.g., VAL/AVWAP). ROCI stays > 0 and turns up from a shallow dip → enter long.
Stop: under structure/level. Targets: POC/HVNs or next swing.
Breakout entry:
Break through a level with ROCI > +5 (or < −5 for shorts). Enter on the retest that holds while ROCI remains outside the band.
Invalidation: quick fall back inside the band and under 0 → stand down.
Exit/trim:
On longs, repeated lower ROCI peaks into your target (momentum fading) → take profits or tighten.
Timeframe guide
1–5m (scalps) : ROC Period 10–20, Strong 6–10. Many signals; require level + confirmation.
15m–1H (intraday): ROC Period 14–34, Strong 4–7. Sweet spot.
2H–4H (swing): ROC Period 20–50, Strong 3–6. Cleaner legs, fewer flips.
1D+ (position): ROC Period 50–100, Strong 2–5. Use for backdrop; trigger on lower TF.
Settings that actually matter (and how to tune)
ROC Period (default 32) : lookback for comparison.
Shorter = earlier signals, more noise.
Longer = steadier bias, slower turns.
Strong Momentum Threshold (default 5) : where you say “this is real thrust.”
Pick it by history: scroll back, mark thrusts that ran, and note their typical ROCI. Set the band slightly inside that value so you see the start of good moves.
Pattern cheatsheet
Impulse leg : ROCI above 0 making higher peaks → trend leg in progress.
Healthy pullback : ROCI dips toward 0 but doesn’t flip negative, then turns up → add/entry with trend.
Weak breakout / likely fail: Price pokes level but ROCI stays near 0 or rolls over quickly.
Divergence (lightweight): Price makes a higher high, ROCI peaks lower → momentum thinning; trail tight into HVNs.
Best combos (kept simple)
Volume Profile v3.2 : Use VAH/VAL/LVNs/POC for where. ROCI tells you if the break has juice.
Anchored VWAP : Reclaim/reject AVWAP with ROCI on the correct side of 0 for higher quality.
CVDv1 :
Yes: ROCI thrust + CVD Alignment OK + no Absorption → higher odds the move sticks.
No: ROCI thrust but Absorption red → don’t chase; wait for the fail/reclaim.
(Optional add: RVOL—high participation + strong ROCI is the A+ combo for breaks.)
Common mistakes this avoids
Buying a breakout while ROCI sits near 0 (no impulse).
Shorting a strong trend when ROCI is firmly > 0 (or > +5).
Treating every zero cross as a trade (it’s a heads-up, not an entry by itself).
Quick defaults to start
ROC Period: 32
Strong Threshold: 5
Process: Level → ROCI side/strength → (optionally) CVD quality → Execute with structure-based risk
Screenshots tip: show a level break where ROCI pushes through +5 and a pullback where ROCI turns up from ~0.
Mini-disclaimer
Educational tool, not financial advice. Test first, size sensibly, and always anchor decisions to levels, flow, and risk.
Aggregated Scores Oscillator [Alpha Extract]A sophisticated risk-adjusted performance measurement system that combines Omega Ratio and Sortino Ratio methodologies to create a comprehensive market assessment oscillator. Utilizing advanced statistical band calculations with expanding and rolling window analysis, this indicator delivers institutional-grade overbought/oversold detection based on risk-adjusted returns rather than traditional price movements. The system's dual-ratio aggregation approach provides superior signal accuracy by incorporating both upside potential and downside risk metrics with dynamic threshold adaptation for varying market conditions.
🔶 Advanced Statistical Framework
Implements dual statistical methodologies using expanding and rolling window calculations to create adaptive threshold bands that evolve with market conditions. The system calculates cumulative statistics alongside rolling averages to provide both historical context and current market regime sensitivity with configurable window parameters for optimal performance across timeframes.
🔶 Dual Ratio Integration System
Combines Omega Ratio analysis measuring excess returns versus deficit returns with Sortino Ratio calculations focusing on downside deviation for comprehensive risk-adjusted performance assessment. The system applies configurable smoothing to both ratios before aggregation, ensuring stable signal generation while maintaining sensitivity to regime changes.
// Omega Ratio Calculation
Excess_Return = sum((Daily_Return > Target_Return ? Daily_Return - Target_Return : 0), Period)
Deficit_Return = sum((Daily_Return < Target_Return ? Target_Return - Daily_Return : 0), Period)
Omega_Ratio = Deficit_Return ≠ 0 ? (Excess_Return / Deficit_Return) : na
// Sortino Ratio Framework
Downside_Deviation = sqrt(sum((Daily_Return < Target_Return ? (Daily_Return - Target_Return)² : 0), Period) / Period)
Sortino_Ratio = (Mean_Return / Downside_Deviation) * sqrt(Annualization_Factor)
// Aggregated Score
Aggregated_Score = SMA(Omega_Ratio, Omega_SMA) + SMA(Sortino_Ratio, Sortino_SMA)
🔶 Dynamic Band Calculation Engine
Features sophisticated threshold determination using both expanding historical statistics and rolling window analysis to create adaptive overbought/oversold levels. The system incorporates configurable multipliers and sensitivity adjustments to optimize signal timing across varying market volatility conditions with automatic band convergence logic.
🔶 Signal Generation Framework
Generates overbought conditions when aggregated score exceeds adjusted upper threshold and oversold conditions below lower threshold, with neutral zone identification for range-bound markets. The system provides clear binary signal states with background zone highlighting and dynamic oscillator coloring for intuitive market condition assessment.
🔶 Enhanced Visual Architecture
Provides modern dark theme visualization with neon color scheme, dynamic oscillator line coloring based on signal states, and gradient band fills for comprehensive market condition visualization. The system includes zero-line reference, statistical band plots, and background zone highlighting with configurable transparency levels.
snapshot
🔶 Risk-Adjusted Performance Analysis
Utilizes target return parameters for customizable risk assessment baselines, enabling traders to evaluate performance relative to specific return objectives. The system's focus on downside deviation through Sortino analysis provides superior risk-adjusted signals compared to traditional volatility-based oscillators that treat upside and downside movements equally.
🔶 Multi-Timeframe Adaptability
Features configurable calculation periods and rolling windows to optimize performance across various timeframes from intraday to long-term analysis. The system's statistical foundation ensures consistent signal quality regardless of timeframe selection while maintaining sensitivity to market regime changes through adaptive band calculations.
🔶 Performance Optimization Framework
Implements efficient statistical calculations with optimized variable management and configurable smoothing parameters to balance responsiveness with signal stability. The system includes automatic band adjustment mechanisms and rolling window management for consistent performance across extended analysis periods.
This indicator delivers sophisticated risk-adjusted market analysis by combining proven statistical ratios in a unified oscillator framework. Unlike traditional overbought/oversold indicators that rely solely on price movements, the ASO incorporates risk-adjusted performance metrics to identify genuine market extremes based on return quality rather than price volatility alone. The system's adaptive statistical bands and dual-ratio methodology provide institutional-grade signal accuracy suitable for systematic trading approaches across cryptocurrency, forex, and equity markets with comprehensive visual feedback and configurable risk parameters for optimal strategy integration.
DTM 444 BANDS 🚀DTM 444 BANDS 🚀:
The DTM 444 BANDS 🚀 is a powerful, multi-purpose trading indicator combining Supertrend, Dynamic Band Levels, Breakout Signals, and Volume Confirmation to help traders identify high-probability trade setups across different timeframes.
🔧 Key Features
✅ Multi-Timeframe Support
Analyze price action across any timeframe using the Timeframe input.
All band calculations (High, Low, Midline, and Supertrend) are pulled from a higher timeframe for clearer context.
✅ Dynamic Bands Based on Supertrend
High Band: Rolling highest of Supertrend over hiLen period.
Low Band: Rolling lowest of Supertrend over loLen period.
Midline: Midpoint of the above.
Acts like dynamic support/resistance, ideal for trend-following and breakout strategies.
✅ Dual Signal System
Breakout Signals (Buy and Sell): Triggered when price breaks the bands with volume confirmation.
Supertrend Crossover Signals (Buy1 and Sell1): Classic momentum entries with a confirmation twist.
Exit Signals: Optional take-profit/neutral indicators when price reverses.
✅ Volume Confirmation Filter (Optional)
Only triggers signals if the volume exceeds its 20-period SMA.
Helps filter out false breakouts and weak trends in low-liquidity periods.
✅ Visual Enhancements
Color-coded candles based on band positioning (e.g., red = weak, green = strong, etc.)
On-chart labels for each signal for quick reference.
Real-time Signal Dashboard using Pine Script tables showing:
Current signal
Volume filter status
Live volume vs volume SMA
🧪 Practical Use Cases
Trend Traders: Use the Supertrend cross and band breakouts to ride trends early.
Breakout Traders: Catch high-probability moves outside established ranges.
Swing Traders: Time entries and exits using color-coded bars and exit labels.
Volume-Sensitive Traders: Focus on trades with strong volume backing.
📊 Backtest Snapshot
Based on the example chart for Reliance Industries (RELIANCE.NS) on the weekly timeframe:
Several profitable buy and breakout signals during uptrends.
Timely exits and breakdown alerts before reversals.
Volume filter keeps trades clean and avoids noise.
⚙️ Customizable Parameters
High Length and Low Length (default: 19)
Supertrend Multiplier and ATR Length
Volume Filter: Toggle ON/OFF
Volume SMA Length: Default 20
Custom Timeframe: Choose any higher timeframe for multi-timeframe analysis
📢 Alerts Ready
Fully integrated with TradingView alerts:
Breakout & Breakdown
Supertrend crossovers
All alerts respect the volume filter setting
🏁 Final Thoughts
DTM 444 BANDS 🚀 is a versatile and adaptive trading system that blends trend analysis, volatility bands, and volume validation. Whether you're a trend trader, breakout hunter, or swing trader — this tool gives you a structured edge with clear visual cues and real-time alerts.
ES/NQ Price Action Sync See when ES & NQ move in syncSee when ES & NQ move in sync — revealing real market momentum at a glance.”
⚖️ ES/NQ Price Action Sync
Discover when the market moves as one.
This indicator tracks when S&P 500 Futures (ES1!) and Nasdaq Futures (NQ1!) align in momentum — helping you spot broad-market confirmation or early divergence in real time.
🧠 Concept
The ES/NQ relationship often reveals the market’s underlying strength or hesitation. When both indices turn bullish or bearish together with meaningful movement, that’s a sign of true market alignment.
When they disagree — expect mixed momentum and possible reversals.
⚙️ Features
✅ Highlights new bullish and bearish syncs on chart
✅ Dynamic info table showing % change and direction for each index
✅ Optional triangle markers for clean visual cues
✅ Alert conditions for new sync events
✅ Adjustable lookback and minimum-move filters
💡 How to Use
Use this as a market-context tool, not a direct buy/sell signal.
When both indices sync, intraday trends often hold better; when they diverge, momentum may fade.
Combine it with your own system or higher-time-frame analysis for confirmation.
📊 Why Traders Love It
Simple idea — powerful insight.
This tool helps traders instantly see when “the market machine” is running in harmony… or pulling in opposite directions.
⚠️ Disclaimer:
This script is for educational and analytical purposes only.
It does not provide financial advice or trading signals. Always perform your own research before making trading decisions.
Alt buy signal 1H Entry + 4H Confirm (MACD + Stoch RSI + HMA)This indicator is a multi-timeframe (MTF) analysis tool designed for the ALT trading , capturing entry signals on the 1-hour (1H) timeframe and confirming trends on the 4-hour (4H) timeframe. It combines MACD, Stoch RSI, and Hull Moving Average (HMA) to identify precise buy opportunities, particularly at reversal points after a downtrend or during trend shifts. It visually marks both past and current BUY signals for easy reference.
Key Features:
1H Entry Signal (Early Ping): Triggers on a MACD golden cross (below 0) combined with a Stoch RSI oversold cross (below 20), offering an initial buy opportunity.
4H Trend Confirmation (Entry Ready): Validates the trend with a 4H MACD histogram rising (in negative territory) or a golden cross, plus a Stoch RSI turn-up (above 30).
Past BUY Display: Labels past data points where these conditions were met as "1H BUY" or "FULL BUY," facilitating backtesting.
HMA Filter: Optional HMA(16) to confirm price breakouts, enhancing trend validation.
Purpose: Ideal for short-term scalping and swing trading. Supports a two-step strategy: initial partial entry on 1H signals, followed by additional entry on 4H confirmation.
Usage Instructions
Installation: Add the indicator to an IMX/USDT 1H chart on TradingView.
Signal Interpretation:
lime "1H BUY": 1H conditions met, consider initial entry (stop-loss: 3-5% below recent low).
green "FULL BUY": 1H+4H conditions met, confirm trend for additional entry (take-profit: 10% below recent swing high).
Customization: Adjust TF (1H/4H), MACD/Stoch RSI parameters, and HMA usage via the input settings.
Alert Setup: Enable alerts for "ENTRY READY" (1H+4H) or "EARLY PING" (1H only) conditions.
Advantages
Accuracy: Reduces false signals by combining MACD golden cross below 0 with Stoch RSI oversold conditions.
Dual Confirmation: 1H for quick timing and 4H for trend validation, improving risk management.
Visualization: Past BUY points enable easy backtesting and pattern recognition.
Flexibility: 4H confirmation mode adjustable (histogram rise or golden cross).
Limitations
Timeframe Dependency: Optimized for 1H charts; may not work on other timeframes.
Market Conditions: Potential whipsaws in sideways markets; additional filters (e.g., RSI > 50) recommended.
Manual Management: Stop-loss and take-profit require user discretion.
Position Size CalculatorPosition Size CalculatorRisk Management Made Simple – Size Your Trades Like a Pro!Tired of guessing position sizes and blowing up your account on oversized trades? This Pine Script indicator automates position sizing based on your risk tolerance, ensuring every trade risks only what you've predefined. Perfect for stocks, forex, crypto, or futures—works for long or short setups. Overlay it on your candlestick chart and watch the math do the work.Key Features:Smart Risk Control: Input your account size (e.g., $70k) and risk % (e.g., 1%). It caps your max loss per trade automatically.
Dynamic Entry & Stop: Use live chart close as entry, or click to set a manual entry level (green solid line). For stops, toggle manual placement (red broken line) or use a % distance—auto-calculates the effective % for precision.
Visual Markers: Green line for entry price, red dashed line for stop loss—spans your chart for easy spotting.
Customizable Table: Floating info panel shows Account Size, Risk Amount, Stop Distance %, and Position Size (shares/lots). Drag its position via settings (top-right default).
No More Guesswork: Formula: Position Size = (Account × Risk %) ÷ Stop Distance. Handles edge cases like tiny distances to avoid div-by-zero.
How to Use:Add to your chart via Pine Editor.
In settings: Set account size/risk %. Toggle "Use Manual Entry Price" and click chart to place green line. Do the same for stop (red line) or use % input.
Table updates live—grab the position size and execute!
Pro Tip: For shorts/longs, the abs distance keeps risk symmetric. Test on demo first.
Built for v6—clean, lightweight, and 100% customizable. Share your tweaks in comments! Remember, this is a tool, not advice—trade responsibly. (Inspired by classic Kelly Criterion vibes, but simplified for daily grinders.)
