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Indicadores e estratégias

PivotBoss Oscillator (PBOsc)PivotBoss Oscillator (PBOsc) – Description The PivotBoss Oscillator (PBOsc) is a momentum-based indicator derived from the PivotBoss PEMA Method, designed to identify market bias, trend strength, and potential reversals across all timeframes and instruments. Unlike traditional oscillators, PBOsc measures the differential among three pivot-based EMAs (fast, medium, and slow) relative to the pivot point (PP) of each bar, allowing it to self-adjust dynamically with current market volatility. Calculation Logic Pivot Point (PP): 𝑃 𝑃 = ( 𝐻 𝑖 𝑔 ℎ + 𝐿 𝑜 𝑤 + 𝐶 𝑙 𝑜 𝑠 𝑒 ) / 3 PP=(High+Low+Close)/3 Pivot-Based EMAs: Fast PEMA = EMA(PP, fast length) Medium PEMA = EMA(PP, medium length) Slow PEMA = EMA(PP, slow length) Differentials: Diff1 = Fast PEMA − Slow PEMA Diff2 = Medium PEMA − Slow PEMA Diff3 = Fast PEMA − Medium PEMA Oscillator Value: 𝑃 𝐵 𝑂 𝑠 𝑐 = ( 𝐷 𝑖 𝑓 𝑓 1 + 𝐷 𝑖 𝑓 𝑓 2 + 𝐷 𝑖 𝑓 𝑓 3 ) / 𝑃 𝑃 PBOsc=(Diff1+Diff2+Diff3)/PP Interpretation Above Zero Line (0): Bullish bias; momentum favors the upside. Below Zero Line (0): Bearish bias; momentum favors the downside. Advancing Bars (Green): PBOsc rising → Strengthening trend or positive momentum. Declining Bars (Red): PBOsc falling → Weakening trend or negative momentum. Analytical Uses Change of Bias: Detects short-term shifts in market sentiment. Trending Markets: Measures pullbacks or continuations within ongoing trends. Divergence: Divergence between price and PBOsc can signal potential reversals. Default Settings Default: (8, 13, 21) Alternate Presets: (5, 8, 13), (13, 21, 34), (21, 34, 55)
Indicador Pine Script®
por krkone
1
DM Dynamic EMA 9 DM Dynamic EMA 9 colors for strategy decisions: Entry & Exit Logic Long (Buy) entries Enter long when the EMA line turns green (so candles are full-body above EMA 9). Exit long when: EMA line turns grey (first full-body close below EMA 9), or EMA line turns red (confirmed down-trend). Short (Sell) entries Enter short when the EMA line turns red (so candles are full-body below EMA 9). Exit short when: EMA line turns grey (first full-body close above EMA 9), or EMA line turns green (confirmed up-trend). Trading Tip You can combine this visual cue with another filter (like RSI > 50 for longs, < 50 for shorts) to avoid false transitions.
Indicador Pine Script®
por evistatrading
NQ Manipulation/Distribution Projections + Average RangeThis is not your typical OHLC indicator :) Overview: The Manipulation/Distribution Projections (OHLC Stats) indicator is a powerful tool designed to forecast potential price levels for various timeframes. It operates on a simple yet profound principle: price action within a single candle can be broken down into "manipulation" and "distribution" phases. By analyzing over 17 years of historical data for major assets in Python, this script calculates the average (mean) and typical (median) extent of these movements. These statistical insights are then used to project key levels on your chart based on the current period's opening price, providing a statistically-grounded framework for potential support, resistance, and price targets. Key Concepts Explained The indicator's logic is based on how price wicks and bodies form relative to the opening price. • Manipulation: This refers to the initial move that goes against the candle's eventual direction. For a bullish candle, it's the lower wick (the move from the open down to the low before reversing higher). For a bearish candle, it's the upper wick (the move from the open up to the high before selling off). It represents a "fake out" or a stop hunt. • Distribution: This is the primary, directional move of the candle from the opening price. For a bullish candle, it's the distance from the open to the high. For a bearish candle, it's the distance from the open to the low. It represents the "real" intended direction of price for that period. How It Works This indicator does not calculate these ratios in real-time. Instead, it leverages a comprehensive statistical analysis performed externally in Python on over 17 years of OHLC data. This analysis determined the mean and median ratios for both Manipulation and Distribution movements across different timeframes and, for intraday periods, different times of day. These pre-computed, static ratios are embedded directly into the script. When a new period begins (e.g., a new day on the Daily timeframe), the indicator: 1. Takes the opening price for that period. 2. Retrieves the corresponding pre-calculated Manipulation and Distribution ratios. 3. Applies these ratios to the opening price to project eight potential price levels: o + / - Mean Distribution o + / - Median Distribution o + / - Mean Manipulation o + / - Median Manipulation This approach provides a stable, forward-looking set of levels for the entire duration of the trading period. ________________________________________ Features • Statistically-Derived Projections: Plots eight key price levels based on historical tendencies, providing clear potential zones for entries, exits, and stop placement. • Selectable Timeframe: Choose to view projections for the 1H, 4H, 1D, or 1W periods directly from the settings. • Dynamic Stats Table: A powerful, on-chart dashboard that provides real-time context. For all four timeframes (1H, 4H, 1D, 1W), it shows: o Position: Where the current price is relative to the projected zones (e.g., "In +Manip Zone," "Below -Dist"). o Range Completed: The percentage of the historical average range that the current period has already covered. o Current & Average Range: The current high-to-low range in points vs. the historical average. • Historical Context: You can display levels for previous periods to see how price has interacted with them in the past. • Full Customization: Control the color, style, and visibility of every line, label, and fill to match your chart's theme. ________________________________________ How to Use This indicator is versatile and can be integrated into various trading strategies. • Identifying Targets & Reversal Zones: The Distribution levels (especially the zone between the median and mean) can serve as logical take-profit targets, as they represent a historical point of extension. Conversely, Manipulation levels can indicate areas where price might form a wick and reverse. • Gauging Volatility: Use the Stats Table's "Range Completed" column to assess market conditions. If the 1D range is only 30% complete by mid-day, there may be room for significant expansion. If it's already at 150%, the market might be overextended and due for consolidation. • Multi-Timeframe Confluence: Use the Stats Table to quickly check if the price on a lower timeframe (e.g., 1H) is approaching a significant level on a higher timeframe (e.g., 1D), adding more weight to that level. • Defining Bias: If the price opens and holds above the Manipulation zones, it can signal a strong directional bias for the rest of the period. ________________________________________ Settings • Projection Timeframe: The primary timeframe for which to calculate and display the levels. • Historical Periods to Show: Set to 1 for only the current period, or increase to see how levels from past periods held up. • Timezone: Set the timezone for accurate hourly calculations (defaults to America/New_York). • Visuals: Customize the appearance of the projection lines, labels, and the shaded zones between mean and median levels. • Stats Table: Enable/disable the table and configure its position, size, and colors. ________________________________________ Disclaimer: This indicator is for informational and educational purposes only. It does not constitute financial advice or a recommendation to buy or sell any asset. All trading involves risk, and past performance is not indicative of future results. Please do your own research and risk management. Enjoy!
Indicador Pine Script®
por tncylyv
5
8/13/200 EMA Crossover ScreenerHold your Options Longer Entry (Long): -Daily Chart -8 EMA crosses above 200 and 13 EMA - Price remains above 200 EMA -Break of Structure EXIT/STOP: -Stop under recent swing low -Exit when prices crosses below 13 EMA Why: Keeps you trading with trend, filters noise, avoids fights with the market. Run stock Screener with filters: Price > 200 EMA, 8 EMA > 13 EMA, 8 EMA > 200 EMA, Volume > 500,000. Check for Buy Signal. Visually confirm a recent swing high (a peak from the last 30 days) and verify if the price broke above it with strong volume. Use Pine Script, modify it to create an alert of the stock that you screened.
Indicador Pine Script®
por jeffreykgibson3
Multi-Indicator Divergence Detector ProMulti-Indicator Divergence Detector Pro - High Quality Filter System Overview This advanced divergence detection tool identifies high-probability reversal opportunities by simultaneously analyzing 11 technical indicators with an intelligent quality scoring system. Unlike traditional divergence detectors that generate excessive false signals, this indicator filters divergences based on professional trading criteria to focus only on significant trend reversals. What Makes This Original Quality Scoring System (10-point scale): Each divergence is evaluated across 7 professional criteria including RSI extreme zones, volume confirmation, price deviation from moving averages, ATR volatility filter, and trend strength analysis Core Indicator Weighting: Prioritizes divergences from the most reliable indicators (RSI, MACD, OBV) with additional scoring when multiple core indicators align Customizable Filter Thresholds: Traders can adjust minimum quality scores (recommended 4-6) and individual filter parameters to match their trading style Multi-Indicator Resonance Detection: Identifies when 3+ indicators simultaneously show divergence, significantly improving signal reliability Key Features Detects both regular and hidden divergences across 11 indicators: MACD, MACD Histogram, RSI, Stochastic, CCI, Momentum, OBV, VWmacd, Chaikin Money Flow, MFI, and external indicators Real-time quality score display on chart labels (⭐ rating system) Dedicated high-quality divergence alerts for significant signals Configurable pivot point detection and maximum bar lookback Clean visual presentation with customizable line styles and colors Built on Pine Script v6 for optimal performance How It Works The indicator scans price action and technical indicators for divergence patterns where price makes a new high/low but the indicator fails to confirm. The quality filter then evaluates each divergence using multiple criteria: RSI Extreme Zones (+2 points): Divergences in overbought (>70) or oversold (<30) regions are weighted higher Volume Confirmation (+1 point): Requires volume expansion above 1.5x the 20-period average Price Deviation (+1 point): Price must be significantly distant from MA50 (default 8%+) Core Indicator Weight (+2 points): When RSI, MACD, and OBV show alignment ATR Volatility (+1 point): Price movement exceeds 1.5x ATR threshold Trend Strength (+1 point): Strong trending conditions increase reversal significance Multi-Indicator Resonance (+1 point): 4+ indicators showing divergence simultaneously How to Use Apply indicator to your chart Enable "High Quality Divergence Filter" in settings Set minimum quality score (4 = balanced, 6 = conservative, 3 = aggressive) Bullish divergences appear below price with upward labels Bearish divergences appear above price with downward labels Quality scores display as ⭐ ratings when enabled Configure alerts for high-quality divergence notifications Recommended Settings Conservative Mode: Min score 6, enable all filters, 3+ indicator minimum Balanced Mode: Min score 4 (default), standard thresholds Aggressive Mode: Min score 3, 2+ indicator minimum Best Practices Use on daily or 4-hour timeframes for most reliable signals Combine with price action confirmation (candlestick patterns, support/resistance) Higher quality scores (6+) typically precede stronger reversals RSI extreme zone divergences are particularly powerful at major turning points Consider the broader market context and trend Important Notes This indicator is designed to identify potential reversals in established trends. It works best when strong trends show signs of exhaustion. Past performance does not guarantee future results. Always use proper risk management and confirm signals with additional analysis. Title: Multi-Indicator Divergence Detector Pro (Quality Filter) Category: Oscillators Tags: divergence, RSI, MACD, OBV, reversal, quality-filter, multi-indicator, trend-reversal
Indicador Pine Script®
por Dr_lei
Quarterly Theory True Opens by Mr. ConsistentQuarterly Theory True Opens (MTF) This indicator plots key institutional price levels known as "True Opens" based on the principles of Quarterly Theory, as taught by Trader Daye. It is designed to identify the start of Q2 manipulation cycles across yearly, monthly, weekly, daily, and intra-day session timeframes. The levels are drawn as clean horizontal rays and are anchored to the 1-minute timeframe, ensuring they are perfectly accurate and consistent on ANY chart timeframe you view. 🎯 Core Concepts Each line represents the "True Open" at the start of a new Q2 cycle: 📅 Yearly True Open: The open of the first trading day of April. 🗓️ Monthly True Open: The open of the second Monday of each month. Weekly True Open: The open of the Monday 6:00 PM EST session. 🏙️ Daily True Open: The open at Midnight EST. ⏰ Session True Opens: The open at the start of the second 90-minute quarter of each session (1:30 AM, 7:30 AM, 1:30 PM, 7:30 PM EST). ✨ Key Features Multi-Timeframe (MTF) Accuracy: Lines are anchored to the 1-minute open price, ensuring they remain perfectly consistent on any chart timeframe (e.g., the 7:30 AM open is the same on the 5min, 1-hour, and Daily charts). Clean Horizontal Rays: Plots clean horizontal rays that extend forward, avoiding chart clutter. Old lines are automatically removed as new ones form. Right-Aligned Labels: Text labels are positioned on the right edge of your screen, so they are always visible and never covered by price action. Fully Customizable: Toggle the visibility of each True Open line (Yearly, Monthly, etc.) and their labels individually in the settings. You can also customize colors and line width. New York (EST) Timezone: All calculations are hard-coded to the America/New_York timezone for consistency. ⚙️ How to Use Use these levels as key points of interest for potential support, resistance, or areas where price may show a significant reaction. Observe how price interacts with these levels after they are established. Customize the indicator in the settings (⚙️ icon) to show only the levels relevant to your trading style. ⚠️ Troubleshooting: Lines Not Showing Correctly? If the indicator lines don't seem to plot at the correct price levels when you first add it to your chart, it's almost always a scaling issue. Hover over the indicator's name on your chart and click the three dots (...) for "More". Scroll down to "Pin to Scale". Select "Pin to Right Scale" (or whichever scale your price is on). The indicator levels must be pinned to the same scale as the price to display accurately. If it is set to "No Scale," the levels will not reflect their true price values. This tool was developed based on the public teachings of Trader Daye. All credit for the underlying concepts of Quarterly Theory belongs to him. This indicator is for educational and analytical purposes only.
Indicador Pine Script®
por Brobins84
Image Plotter [theUltimator5]Image Plotter is a visual alerting tool that drops fun, high-contrast ASCII (braille) art (e.g., Rocket, Cat “hang in there”, Babe Ruth, etc.) directly on your price chart when a technical trigger fires. It’s designed for quick, glanceable callouts without cluttering your chart with lines or sub-indicators. If there are any specific images you would like to be able to add to your plot, please comment with the image you want to see and if it is reasonable, I will add it. How it works On each bar close, the script evaluates your selected Trigger Source. When the condition is true, it places a label that contains the selected ASCII art at a configurable offset above or below the candle. You can choose to only keep the most recent art on the chart, or accumulate every trigger as a historical breadcrumb trail. Positioning uses either the bar’s high (for above-candle placements) or low (for below-candle placements), then applies your vertical % offset and horizontal bar shift. Inputs & Controls Trigger Source Select which condition will fire the ASCII placement: RSI Oversold / Overbought — Triggers on cross through the threshold (under/over). MACD Bullish Cross / Bearish Cross — MACD line crossing the Signal line. BB Lower Touch / BB Upper Touch — Price crossing below the lower band / above the upper band. Stochastic Oversold / Overbought — %K crossing through your thresholds. Volume Spike — Current volume > (Volume MA × Spike Multiplier). Price Cross MA — Close crossing above the chosen moving average (bullish only). Custom Condition — Optional user condition (see “Custom Condition” below). Plot Mode Latest Only — The indicator deletes the previous label and keeps only the newest trigger on chart. Every Trigger — Leaves all triggered labels on the chart (historical markers). Note: TradingView caps the number of labels per script; this indicator sets max_labels_count=500. Heavy triggering can still hit limits. Practical usage tips Choose “Latest Only” for cleanliness if your trigger is frequent. Use “Every Trigger” when you want a visual audit trail. Tune vertical offset by symbol — low-priced tickers may need a smaller %; volatile names may need more spacing. Quick start Add the indicator to any chart (any timeframe). Pick a Trigger Source (e.g., RSI Oversold) and set thresholds/lengths. Choose ASCII Image, Position Above/Below, Offsets, and Plot Mode. (Optional) Enable Custom Condition and select your Custom Plot Source. Create an Alert on “ASCII Trigger Alert” using Once Per Bar Close. Have a variant you’d like (e.g., bearish MA cross, multi-alert pack by trigger, or time-window filters)? Tell me what workflow you want and I’ll tailor the script/description to match.
Indicador Pine Script®
por TheUltimator5
2
REQH/L [TakingProphets]OVERVIEW This indicator identifies and maintains liquidity reference levels derived from swing highs and swing lows, then flags Relative Equal Highs (REQH) and Relative Equal Lows (REQL) when two active levels are within a user-defined distance. It is intended for educational study of liquidity behavior and market structure. It does not predict price, provide signals, or recommend trades. ----------------------------------------------------------------------------------------------- PURPOSE AND SCOPE ----------------------------------------------------------------------------------------------- • Provide a consistent, rule-based way to mark possible equal-high/equal-low liquidity pools. • Help users journal, review, and study how price interacts with those pools. • Keep charts clear by automatically managing lines/labels and optionally fading traded-through levels. This is an indicator, not a strategy. No entries, exits, or performance claims are made. ----------------------------------------------------------------------------------------------- CONCEPTS AND DEFINITIONS ----------------------------------------------------------------------------------------------- • Swing High / Swing Low: local extrema used to seed candidate liquidity levels. • Buyside Liquidity (BSL): swing highs (potential buy-side stops). • Sellside Liquidity (SSL): swing lows (potential sell-side stops). • Relative Equal Highs (REQH): two unswept highs within a small price distance. • Relative Equal Lows (REQL): two unswept lows within a small price distance. • Traded-Through: a level is considered taken once price trades past it (high > level for BSL, low < level for SSL). ----------------------------------------------------------------------------------------------- HOW IT WORKS (ALGORITHMIC FLOW) ----------------------------------------------------------------------------------------------- Swing Detection • Uses built-in pivot functions with a fixed swingStrength = 1. • On a confirmed pivot high, a BSL level is created; on a pivot low, an SSL level is created. • Each level stores: price, bar index, line handle, label handle, and status flags. REQH / REQL Identification • A constant REQ_THRESHOLD = 2.0 is used to test proximity between active levels of the same side. • For BSL (highs): when two highs are within threshold, the higher level is kept and flagged REQH; the other is removed. • For SSL (lows): when two lows are within threshold, the lower level is kept and flagged REQL; the other is removed. • When a level is flagged, its line is revealed in side color and its label updates to “REQH” or “REQL”. Traded-Through Handling • If price trades through an active level (high > BSL price, or low < SSL price), two behaviors are possible: – If Keep Traded-Through Levels = OFF: the level is deleted. – If ON: the level is marked traded, its color is faded (opacity ≈ 75), and the line’s extension is frozen at the trade-through bar. Line/Label Maintenance • Lines are created initially invisible (fully transparent). Flagging reveals the line in color. • Labels can be shown/hidden; placement can be Left (at level start, with left offset) or Right (at current bar, with right offset). • All active lines extend to the right as bars progress. ----------------------------------------------------------------------------------------------- KEY INPUTS ----------------------------------------------------------------------------------------------- • Buyside Level Color (default #089981) • Sellside Level Color (default #E91E63) • Line Style (Solid / Dashed / Dotted) and Width • Show Labels (on/off), Label Placement (Left/Right) • Keep Traded-Through Levels (on/off), Traded Opacity (~75) • REQ Threshold (fixed in code at 2.0 by default; represents the max distance between two levels to be considered “relative equal”) Note: In this version, swingStrength is fixed to 1 inside the script. If you want a user control here, I can expose it as an input. ----------------------------------------------------------------------------------------------- PRACTICAL USAGE ----------------------------------------------------------------------------------------------- • Identify potential equal-high/equal-low zones using objective proximity logic. • Observe if those zones attract price or are traded through during your session study. • Journal how often flagged REQH/REQL zones remain intact versus get swept. • Combine with your own analysis and risk framework; this script is informational only. ----------------------------------------------------------------------------------------------- VISUAL BEHAVIOR AND STYLE ----------------------------------------------------------------------------------------------- • Flagged levels are plotted in side color (buyside/sellside). • Right-placement keeps labels aligned near the most recent bar for clarity; Left-placement anchors labels near the origin index. • When keep-traded-levels is enabled, faded color indicates the level has been traded through, while preserving the historical reference. ----------------------------------------------------------------------------------------------- LIMITATIONS AND TECHNICAL NOTES ----------------------------------------------------------------------------------------------- • Timeframe and symbol volatility will influence the usefulness of a fixed REQ threshold. For very high-priced or low-priced instruments, consider adjusting the threshold in code to suit your market’s tick/point value. • Using swingStrength = 1 introduces more sensitivity; users who prefer fewer, stronger pivots may wish to expose this as an input and increase it. • No look-ahead is used; pivots are confirmed using standard pivot confirmation. • Arrays and line/label objects are bounded by max_lines_count = 500; extremely long sessions or dense markets may require reducing visual retention. • The script does not compute performance, signals, or recommendations. ----------------------------------------------------------------------------------------------- ORIGINALITY AND VALUE ----------------------------------------------------------------------------------------------- • Implements a simple, explicit REQ proximity engine that only reveals and labels lines after they qualify as REQH/REQL, keeping charts clean. • Provides deterministic deletion or fading behavior once levels are traded through, preserving historical context when desired. • Uses a clear line/label management model with consistent right-extension and optional label offsets to avoid overlap. ----------------------------------------------------------------------------------------------- TERMS AND DISCLAIMER ----------------------------------------------------------------------------------------------- This indicator is provided solely for educational and informational purposes. It does not constitute financial advice, trading signals, or a recommendation to buy or sell any instrument. Past behavior of price structures does not guarantee future results. Users are fully responsible for their own decisions and outcomes. This description is self-contained and does not solicit purchases or external contact.
Indicador Pine Script®
por TakingProphets
ATR Anchored Range %b by TradeSeekersAll time highs got you spooked to enter with no levels in sight? Stuck in a multi-week range and wondering where the heck the pivots are!? Wondering if you're longing the top or shorting the potential bottom and about to get smoked, sending you back to burger flipping?! Fret not trading friends! I've been crafting the ultimate map for scalpers, slingers, swingers, swindlers, swashbucklers -and traders too. Why should I care about this, what's an ATR!? Nearly any trader that's entered the markets has heard of ATR, perhaps even taken a stab at trying to calculate the flux capacity of a weekly ATR on a lower timeframe. Continually calculating things manually sucks! Ok, so you haven't heard of ATR? It's the average true range... what's the true range!? It's simply the low subtracted from the high (high - low) of any given candle. How is ATR useful? The theory is simple, if the ATRs on the daily timeframe for a stock are 5, then traders may have a reasonable expectation that any day in the near future the stock will mostly move +/- 5 pts. This +/- 5 can be used as a possible daily high and low for traders to use. But ATR changes as time passes, with every billionaire X post, viral cat meme, fed announcement or government shutdown the market makes it's move. This means without this tool, traders need to run the standard lame (sorry) ATR indicator and then hand draw a bunch of important levels (barf). I'm convinced and ready to join the ATR army, what do I do? Glad to have you aboard sailor, slap this indicator on your layout - it'll initially display a bottom panel, say nice things to it. Usage The lower panel provides a %b plot representative of the current price relative to the timeframe and period ATR. (Defaults to 1D timeframe and 20 - 20 trading days in a month yo) This %b plot is a map for price against the key ATR based levels and resets each time the timeframe change occurs. Keep reading! (maybe grab a snack, you're doing great) If you want to see what the indicator sees, how it maths the math, open the settings and check the "overlay" option... it's amazing, I know. Main base of operations This will be the gray area between first red and green lines, imagine this is a future candle for the timeframe anchored. The red would represent the candle high (red means stop/overbought), and the green would represent the candle low (green means go/oversold). Regardless of the timeframe anchored, this area always represents the area the ATR indicates will be the building area of the current candle being formed. Traders should expect most of the trading to occur within this area. The mid line Don't diddle in the middle, this by default is the open price and it's the ultimate bias filter for bull or bear riders. Extension areas Beyond the gray area is the extension zone, this provides a whole ATR from the mid line to the extension. Assembling a trade plan There are just a couple of key concepts to master in order to become the ultimate ATR samurai warrior, capable of slicing through even the messiest liquidity. Above the midline and holding, but still within the gray area? Could be a great long entry with targets to upper levels. The same holds true for below open and holding while still being within the lower gray area. As price makes it's ascension or decline towards the ends of the initial gray ATR range, consider managing trades here. If it's suspected, due to a strong hold of the midline, that the range low or high is the midline, then continue to manage trades towards the extension zones. Timeframes and periods oh my The tooltips already provide some hints, but not everyone goes around clicking and hovering everything in sight (maybe I'm the only one that does that?). There's a thoughtful approach to the default values, I like to consider the big market participants with my day trades, swings trades and beyond. By default I've chosen the daily timeframe and a period of 20, one for each trading day of the calendar month. It's no large leap to consider alternatives, what about 1W timeframe and a period of 4 (1 month) or 52 (1 year)? The possibilities are nearly infinite, comment on any particular favorite combos. An Italian Special Bonus!!! ...sorry, it's not pizza.... First, did you know the famous Italian Fibonacci's real name was actually Leonardo? I'm not sure how I feel about that. Fun fact, my ancestors are Italian. Alright, you may have guessed that the special bonus is the mythical Fibonacci inspired "Golden Pocket", maybe it's a foreshadowing of your pockets - one can only hope. Use this feature to show the commonly referenced Fibonacci levels within each major ATR range. I've seen some totally mathematical epic-ness with these hence the addition. Once key ATR levels have been hit look for reversals back to golden pockets (you tricksy hobbits) for potential entry back towards the prior hit ATR level. The %b turns gold if you have the feature enabled and of course the overlay displays them also, how fun! Final thoughts I hope you have as much fun using this indicator as I do, it has brought much joy to my trading experience. If you don't have fun with it, well I hope you had fun reading about it at least. 100% human crafted and darn proud of it - SyntaxGeek
Indicador Pine Script®
por TradeSeekers
9
Vol-Sensitivity Ratio: dVIX% / dSPX%Vol-Sensitivity Ratio: dVIX% / dSPX% Hey guys — I built a custom TradingView indicator to track how reactive the VIX is to SPX moves. It’s basically a quick visual on market fear vs. complacency, and how volatility responds in real time. How It Works Calculates the ratio of VIX % change ÷ SPX % change Shows color-coded zones for market behavior: 🔴 SPX & VIX rising → Bearish divergence 🟠 Weak VIX response → Complacency 🟩 Normal inverse → Healthy market 🟣 Extreme ratio → Volatility stress How to Use Add the script to your TradingView chart Choose mode → Since Session Open (intraday) or From Prior Close (swing) Watch the ratio line, color bands, and mini dashboard (shows dVIX%, dSPX%, and ratio) It also supports alerts for when the market enters stress, divergence, or complacency zones. Why I Made It @HEK often talks about VIX, VVIX, and volatility dynamics during trading. That got me thinking about how to actually quantify the relationship instead of just “watching” it. thanks to chatgpt I was able to turn into a visual Now I’ll be forward-testing it in live markets and on a few prop accounts to see how useful it is in real-time conditions. Feel free to try it out, tweak it, and share feedback or observations. Would love to see how it performs for others too.
Indicador Pine Script®
por mbeks6860
Daily LevelsThis indicator allows one to paste price levels from an outside source and draws lines at those levels. A level can be a line (1 price level) or a price range. It can also be identifies as a Major Level or a minor level. Individual notes can be entered at each level by placing the text in brackets (this type "{ }"). Text cannot include parentheses and dashes. Separate each day's levels with a date in brackets. Date format and bracket type bust be like this: . The lines for each level is drawn from 6pm on the prior date to 4:45pm of the date.
Indicador Pine Script®
por robertedirks
trader_yang_001_v1📈 指標簡介 歡迎使用這個指標！ 我是 Yang，致力於打造簡單直覺、實用的交易工具，幫助交易者快速上手。 ⚙️ 使用前注意事項 1.可以調整【靈敏度】參數： 請依據你的「交易標的」與「時間級別」進行回測與調整，找到最適合你的數值。 2.此指標支援快訊通知，但請注意： 有時快訊可能會在當前 K 棒尚未收盤前觸發。 理論上程式應該要在 K 棒收盤後才確認訊號，但此限制目前無法完全避免。 因此不建議直接連結 API 進行自動交易。 收到快訊時，請等 K 棒收盤並確認訊號後再進場。 💬 回饋與更新 歡迎追蹤我的 Instagram (ID：traderyang)，了解更新、版本改良與交易心得。 你的回饋對我非常重要，我會在下一個版本持續改進此工具。 🧾 版本資訊 公開版本 v1.0 © 2025 Yang — 保留所有權利 📈 About This Indicator Welcome to this indicator! I'm Yang, a developer focused on creating simple, intuitive, and effective tools for traders. ⚙️ Before You Start 1.You can adjust the Sensitivity parameter. Please backtest and fine-tune it according to your trading instrument and timeframe to find the most suitable value for your setup. 2.This indicator supports alert notifications, but please note: Alerts may occasionally trigger before the current candle fully closes. Ideally, the script should only confirm signals after the candle close, but this limitation currently cannot be fully avoided. Therefore, it’s not recommended to link alerts directly to an API for automated trading. When you receive an alert, wait for the candle to close and verify the signal before taking any position. 💬 Feedback & Updates Follow me on Instagram (ID：traderyang) for updates, new releases, and trading insights. Your feedback is always welcome — I’ll continue improving this tool in future versions. 🧾 Version Public Release v1.0 © 2025 Yang — All rights reserved.
Indicador Pine Script®
por frum0820brella
REMS Synergy OverlayThis 3rd generation REMS indicator builds upon the foundations assessing the relationships between RSI, EMAs, MACDs, and Stochastic RSI across multiple timeframes. Designed to help traders identify less frequent, but high probability entries across 2 time frames. Uses 3 levels of confluence indicators for both long and short moves. Confluence Level 1 (Highest Conviction): Evaluates selected criteria across both timeframes. All selected criteria must be in confluence to trigger signal. Confluence Level 2 (Moderate Conviction): Selected criteria can be selected by each timeframe individually. All selected criteria must be in confluence to trigger signal. Confluence Level 3 (Lower/supportive confluence): Of the selected criteria, this level can evaluate a set number of conditions that must be met. Number of conditions is user-defined. Includes VWAP and 4 EMAs as optional visual representations. Includes 'Enhanced Candles' than can colour code candlesticks for better visual identification. (off by default) Originally designed with 5 minute and 2 minute timeframes in mind, and pairs well with REMS First Strike and/or REMS Snap Shot indicators. Values coded below: RSI -Primary: Length = 14, Smoothing = 20 (via SMA) -Secondary: Length = 7, Smoothing = 20 (via SMA) Stochastic RSI Primary: -RSI Length = 14 -Stochastic Length = 8 -%K = 3, %D = 3 Secondary: -RSI Length = 7 -Stochastic Length = 7 -%K = 3, %D = 2 MACD - applied to both timeframes -Fast = 12, Slow = 26, Signal = 9
Indicador Pine Script®
por KodiakMarket
Yuki Leverage RR Calculator**YUKI LEVERAGE RR CALCULATOR** A professional-grade risk/reward calculator for leveraged crypto or forex trades. Instantly visualizes entry, stop loss, targets, leverage, and risk-to-reward ratios — helping you plan precise positions with confidence. ────────────────────────────── **WHAT IT DOES** Calculates position value, quantity, stop-loss price, liquidation estimate, and per-target profit. Displays everything in an on-chart table with optional price tags and alerts. ────────────────────────────── **KEY FEATURES** • Long / Short toggle (only one active at a time) • Leverage-aware position sizing based on Position Cost ($) and Leverage • Dynamic Stop Loss: input % → auto price + $ risk • Up to 3 Take-Profit Targets with scaling logic • Instant R:R ratios per target • Liquidation estimate (approximation only) • ENTRY / SL / T1 / T2 / T3 / LIQ visual tags • Dark/Light mode, adjustable table and tag size • Built-in alerts for Targets and Stop Loss ────────────────────────────── **INPUTS** • Long or Short selection • Entry Price, Stop Loss % • Target 1 / Target 2 / Target 3 + Take Profit % • Position Cost ($), Leverage • Visual preferences: show/hide table, table corner, font size, tag offset, text size ────────────────────────────── **TABLE OUTPUTS** Position Info: Type, Entry, Position Cost, Leverage, Value Risk Section: Stop Loss %, Stop Loss Price, Total Risk ($), Liquidation % & Price Targets 1–3: Profit ($), R:R, Take Profit ($), Runner % or PnL ────────────────────────────── **ALERTS** • Target 1 Hit – when price crosses T1 • Target 2 Hit – when price crosses T2 • Target 3 Hit – when price crosses T3 • Stop Loss Hit – triggers based on direction (Use TradingView Alerts → Condition → Indicator → select desired alert) ────────────────────────────── **HOW TO USE** 1. Choose Long or Short 2. Enter Entry Price, Stop Loss %, Position Cost, and Leverage 3. Add Targets 1–3 with optional Take Profit % 4. Adjust visuals as desired 5. Monitor table + alerts for live trade planning ────────────────────────────── **NOTES** • Liquidation values are estimates only • Fees, slippage, and funding not included • Designed for educational and planning purposes ────────────────────────────── ⚠️ **DISCLAIMER** For educational use only — not financial advice. Trading leveraged products involves high risk of loss. Always confirm calculations with your exchange and trade responsibly.
Indicador Pine Script®
por yukineko88
True Single Line Fusion [by TitikSona]🧠 Full Description True Single Line Fusion by TitikSona is an open-source oscillator that unifies Fast Stochastic, Slow Stochastic, and RSI into a single smooth momentum line. It simplifies multi-oscillator analysis into one clear visual — helping traders recognize potential momentum shifts, exhaustion, and reversal zones. ⚙️ Core Logic The indicator calculates: Fast Stochastic (12,3,3) → short-term swing sensitivity Slow Stochastic (100,8,8) → broad trend context RSI (26) → overall strength and directional bias All three are normalized (0–100) and averaged to form the Fusion Line, creating a single unified momentum curve. A Signal Line (SMA-9) and Histogram are added to highlight short-term acceleration or deceleration. Formula: Fusion = (FastK + SlowK + RSI) / 3 🔍 Interpretation Fusion Line rising → momentum strengthening upward Fusion Line falling → momentum weakening Histogram color (green/red) shows the direction and intensity of the move Background highlights identify potential extremes: 🟩 Green = potential oversold region 🟥 Red = potential overbought region 💡 How to Use Works on any symbol and timeframe. Use the Fusion Line’s direction and slope as momentum context, not as direct buy/sell signals. Combine with price structure, support/resistance, or volume analysis to confirm potential reversals. Example: Fusion Line turning upward from green zone → possible bullish momentum shift Fusion Line turning downward from red zone → possible bearish exhaustion 📘 Notes Ideal for identifying turning points in ranging or consolidating markets. Does not generate automated signals or predictions. Open-source for learning, modification, and educational use. Designed for clarity, low lag, and clean visualization. 🧩 Developed and shared by TitikSona — made to unify oscillators into one adaptive momentum tool.
Indicador Pine Script®
por TitikSona
MORE - MTF Open Retest Extensions [Pro]Overview MORE- MTF Open Retest Extensions highlights what price typically does after a higher-timeframe structure break (taking out the previous candle’s high or low) and before a potential retest of the current open. It plots percentile extension levels (above/below the broken side) that quantify how far price has historically moved prior to an open retest if a retest occurs, giving traders objective context for stretch vs. common movement around structural breaks. Key features • Break-aware logic: MORE activates only after the current timeframe has broken the prior candle’s high/low. No break → no extensions. • Open-retest probabilities: Displays the empirical likelihood of retesting the current open following a break, with sensitivity to when in the interval the break occurred (early/late breaks can behave differently). • Pre-retest extension percentiles: Five percentile bands (e.g., 25/50/75/85/95) show how far price typically extends before any open retest on the broken side. • Multi-timeframe dashboard: Monitor multiple reference timeframes (e.g., 1h → 12h) while viewing any chart timeframe. See which breaks are active and the highest percentile reached this interval. • Filtering & display controls: Toggle historical zones, choose zones vs. lines (or both). • Filtering with a threshold: User can enter a threshold for the historical probability so that the open, zones, levels and dashboard only show for timeframes above this user defined input. e.g. input of 70%, zone and levels will only be drawn when the historical data was greater than or equal to this level. • Show selected timeframe or all untested opens the dashboard is showing as "Active" • 2 Alert types: Set for a specific timeframe to alert an activate open for retest or set a percentile level to be crossed and alert on cross. No signals, just context: MORE is a descriptive tool for structure and stretch—use it alongside your own strategy and risk framework. Methodology (transparency) • MORE uses embedded statistical datasets constructed from extensive historical price behavior across multiple timeframes. • Each dataset represents conditional empirical outcomes —specifically, how far price extended beyond a prior candle’s high/low before retesting its open on the same timeframe. • Percentiles and probabilities are calculated from these internal data arrays, ensuring the indicator runs deterministically on TradingView with no external data connections . • The proprietary component lies in: The way volatility and structure are normalized across timeframes; How conditional breaks and open-retest windows are segmented; and How percentile extension zones are blended into continuous statistical envelopes. • These methods and datasets are unique to LevelLogic Indicators and are not replicated from any public or open-source scripts. • Outputs summarize historical tendencies for educational context only — they are not predictive signals . How to use • Pick the reference timeframe (e.g., 1H, 2H, 4H, … 12H). • Wait for a break of the prior candle’s high/low on that timeframe—MORE then plots the pre-retest extension percentiles on the broken side. • Use the open-retest probability as context only; combine with your own entry/management rules. • Optionally toggle historical view to study prior intervals and how far price usually stretched before any open retest. • Consider alerts on percentile crosses if you want notifications when price enters statistically stretched areas. Notes Educational/analytical tool — no signals, no performance or outcome promises. Historical tendencies change with regime; treat outputs as context, not advice. Non-standard bars (e.g., Heikin Ashi/Renko) are for display only. Credits Developed by LevelLogic Indicators to provide clear, empirical context around breaks and open-retest behavior across multiple timeframes. Invite-only script Only users approved by the author can access this script. Request permission per the author’s instructions.
Indicador Pine Script®
por LevelLogic
VWAP + Multi-Condition RSI Signals + FibonacciPlatform / System Platform: TradingView Language: Pine Script® v6 Purpose: This script is an overlay indicator for technical analysis on charts. It combines multiple tools: VWAP, RSI signals, and Fibonacci levels. 1️⃣ VWAP (Volume Weighted Average Price) What it does: Plots the VWAP line on the chart, which is a weighted average price based on volume. Can be anchored to different periods: Session, Week, Month, Quarter, Year, Decade, Century, or corporate events like Earnings, Dividends, Splits. Optionally plots bands above and below VWAP based on standard deviation or a percentage. Supports up to 3 bands with customizable multipliers. Will not display if the timeframe is daily or higher and the hideonDWM option is enabled. Visual on chart: A main VWAP line with optional shaded bands. 2️⃣ RSI (Relative Strength Index) Signals What it does: Calculates RSI with a configurable period. Identifies overbought and oversold zones using user-defined levels. Generates buy/sell signals based on: RSI crossing above oversold → Buy RSI crossing below overbought → Sell Detects strong signals using divergences: Bullish divergence: Price makes lower low, RSI makes higher low → Strong Buy Bearish divergence: Price makes higher high, RSI makes lower high → Strong Sell Optional momentum signals when RSI crosses 50 after recent overbought/oversold conditions. Visual on chart: Triangles for buy/sell Different color triangles/circles for strong and momentum signals Background shading in RSI overbought/oversold zones Alerts: The script can trigger alerts when any of these signals occur. 3️⃣ Fibonacci Levels What it does: Calculates Fibonacci retracement and extension levels based on the highest high and lowest low over a configurable lookback period. Plots standard Fibonacci levels: 0.146, 0.236, 0.382, 0.5, 0.618, 0.786, 1.0 Plots extension levels: 1.272, 1.618, 2.0, 2.618 Helps identify potential support/resistance zones. Visual on chart: Horizontal lines at each Fibonacci level, shaded with different transparencies. Summary This script is essentially a multi-tool trading indicator that combines: VWAP with dynamic bands for trend analysis and price positioning RSI signals with divergences for entry/exit points Fibonacci retracement and extension levels for support/resistance It is interactive and visual, providing both chart overlays and alert functionality for active trading strategies. This code is provided for training and educational purposes only. It is not financial advice and should not be used for live trading without proper testing and professional guidance.
Indicador Pine Script®
por Panos1389
1
CUBE's V17CUBE’s V15.1 — Sparkles ⚡ + Cubes 🟨 + Smart/LC 🟫 + Golden ✨ (multi-signal scalper & trend helper) CUBE’s V15.1 is a multi-module toolkit for intraday momentum and quick-scalp decision making. It blends a trend engine, VWAP/EMA50 band logic, CRT + Volume pair detection, weighted divergence, OBV-MACD regime flips, and “Sparkles” presets—then fuses them into readable Cube labels and higher-conviction Golden combos. What it prints (signal taxonomy) 🟨 Cube ++ Incoming — pre-signal when price enters VWAP/EMA50 “yellow” bands with trend alignment. 🟨 Cube’s Buy ++ / Sell ++ — the “plus-plus” confirmations after CRT context; gated to avoid spam. 🟫 Last Chance → 🟫 Last Chance ++ — RSI + divergence-weighted follow-through (waits for a tiny UT flip). 🟪 Smart Cube — post-Cube, waits for KC(1.2) location + OBV presence + divergence stack (more selective). ✨ Golden (Sparkles + Cube) — objective confluence labels that require Sparkles (preset wins) plus a Cube event inside a short window. Comes in Golden-2 (2+ sparkles in 3 bars) and Golden-1 (tight 0–1 bar proximity). Each label automatically shows “(Quick Scalp)” when price is inside the careful bands, so you know when to downshift risk. The engines (under the hood) Trend: Pivot-Point SuperTrend (PPST 2/10/3) drives bullish/bearish context (invertible). Bands: 5-minute VWAP + EMA50 zones with symbol-aware tolerances (majors/ETFs/crypto/megacaps tuned). CRT + Volume Spike Pair: detects recent hammer/shooter + volume conditions and uses them to gate higher tiers. Weighted Divergence: RSI / Stoch (weighted) / CCI / MOM / OBV (weighted) / CMF / MFI (and more) with CRT-recency gates to keep it relevant. UT micro-flips: tiny ATR trail crosses used to “arm” Last Chance ++ entries. OBV-MACD regime: structural flips for the Super7 and Smart Cube filters. Super7 Sparkles: five presets (4/8/15/24/40 bars) that score 9 modules; you can show compact ✨ icons or 9/9 text. Quick start (60 seconds) Add to a 1–5m chart of your instrument. Leave defaults on; optionally toggle “Sparkle Settings” (the presets are already on). Watch for: ✨ Golden Buy/Sell → higher-quality scalp setups. 🟨 Cube’s Buy/Sell ++ → momentum continuation outside the yellow bands. 🟪 Smart Cube → selective continuation after a Cube with KC/OBV/div confluence. Use the built-in alerts (see list below) to automate. Inputs & customization highlights Invert Trend Logic — flips bull/bear interpretation (useful in range regimes). Reference TF label anchoring — place labels using a reference timeframe; optional “(tf)” tag. Careful (Quick-Scalp) palettes — swap label colors when inside bands; hide/show quick-scalp labels per mode. Duplicate filters — suppress Cube repeats within a window. Session tools — optional 6:00 PM 5m “reset” box (purple) and 9:30 AM 1m NY Open box (yellow). Backgrounds — optional ST(10,1) 0.5–0.7 ATR ribbons for context. Presets — five Sparkle presets with per-side alternation and wipe logic. Alerts (names as they appear in TradingView) ⬜ Cube’s Buy / Sell (or 🟨 Incoming if trend is inverted) 🟨 CUBE’S BUY ++ / CUBE’S SELL ++ (or “Cube’s … ++” if inverted) 🟫 Buy Last Chance / 🟫 Incoming (Sell Last Chance) 🟫 Cube’s Last Chance Buy ++ / Cube’s Last Chance Sell 🟪 Smart Cube’s Buy / Smart Cube’s Sell 🔔 ALL Cube Alerts (one catch-all) ✨ G✨lden Buy/Sell (Sparkles+Cube) and G✨lden-1/2 variants Tip: Set close-bar alerts for most signals; if you want early heads-up, allow “once per bar” but expect more noise. Reading the labels “(Quick Scalp)” suffix = price inside the VWAP/EMA50 careful bands; tighten targets/size. Some labels include indicator names + a weighted count (e.g., “Hist RSI MOM 3”) to hint at divergence depth. Star ⭐ near a label means a CRT+VOL pair was detected within the recent window. Golden text shows the most recent cube subtype (“Cube ++”, “Smart Cube”, etc.) that satisfied the window rule. Recommended markets & timeframes Built-in tuning for: NQ/ES/RTY/YM, GC/CL, XAU/XAG, FX majors, BTC/ETH/SOL, SPY/QQQ/IWM/DIA, and mega-caps (AAPL, MSFT, NVDA, etc.). Best experience on 1m–5m for intraday. Works on higher TFs but is designed around the 5-minute VWAP/EMA50 backbone. Best practices Confluence over single prints: Use ✨ Golden or 🟪 Smart Cube + trend + structure. Location matters: Prefer signals near session boxes, prior day H/L, and liquidity pools. Risk first: Size down in (Quick Scalp) zones and during lunch hours/illiquid sessions. Avoid double-counting: The script already suppresses blatant duplicates—don’t force extra alerts. Repainting & transparency Core signals evaluate on confirmed bars; major request.security calls use lookahead_off. The 1m open/6pm boxes use alignment tricks for placement; they don’t feed signal logic. As with any multi-TF logic, real-time bars can update intra-bar—use “on close” alerts for strict confirmation. Disclaimer This script is for educational purposes. It’s not financial advice and does not guarantee results. Markets carry risk—always test on replay/paper first, know your instrument’s tick/fee structure, and use hard stops.
Indicador Pine Script®
por CoderPAG
2
Session VWAP & ATR H/L ZonesThis script is a comprehensive tool for day traders, designed to visualize key price levels and zones based on volume and volatility within a specific trading session. Traders would use your script to identify potential areas of support and resistance, gauge the session's trend, and spot opportunities for mean reversion or breakout trades. Core Concepts Explained Your script plots three main types of information on the chart, each serving a different purpose for a trader. 1. Session VWAP (Volume-Weighted Average Price) 📈 What it is: The yellow line is the VWAP, which is the average price of an asset for the current trading session, weighted by the volume traded at each price level. It essentially shows the "fair" price for the day according to the market's activity. How it's used: Trend Gauge: If the price is consistently trading above the VWAP, it's generally considered a bullish intraday trend. If it's below, the trend is bearish. Dynamic Support/Resistance: During a trend, traders often look for the price to pull back to the VWAP to find an entry point (e.g., buying a dip to the VWAP in an uptrend). VWAP Bands: The optional gray, red, and green bands are standard deviations from the VWAP. They measure how far the price has strayed from its "fair value." 2. ATR High/Low Zones (Support & Resistance) 🎯 What they are: These are the shaded green and red areas at the top and bottom of the session's price range. The red zone (resistance) is calculated by taking the session's current high and subtracting a value based on the Average True Range (ATR), which is a measure of recent volatility. The green zone (support) is calculated by taking the session's current low and adding the ATR-based value. How they're used: These are not just lines; they are zones of interest. Profit-Taking Areas: A trader who is long might consider taking profits when the price enters the red resistance zone. Reversal Signals: When the price enters one of these zones and shows signs of stalling (e.g., with specific candlestick patterns), it could signal a potential reversal. 3. Previous Session High & Low 📊 What they are: The script plots the high and low from the previous trading session as straight horizontal lines (teal and fuchsia by default). How they're used: These are extremely significant static levels that many traders watch. Price Magnets: Price is often drawn to these levels. Key Inflection Points: A decisive break above the previous day's high can signal strong bullish momentum. Conversely, a failure to break it can indicate weakness. These levels frequently act as strong support or resistance.
Indicador Pine Script®
por j2m2t2
Z-Score Momentum | MisinkoMasterThe Z-Score Momentum is a new trend analysis indicator designed to catch reversals, and shifts in trends by comparing the "positive" and "negative" momentum by using the Z-Score. This approach helps traders and investors get unique insight into the market of not just Crypto, but any market. A deeper dive into the indicator First, I want to cover the "Why?", as I believe it will ease of the part of the calculation to make it easier to understand, as by then you will understand how it fits the puzzle. I had an attempt to create a momentum oscillator that would catch reversals and provide high tier accuracy while maintaining the main part => the speed. I thought back to many concepts, divergences between averages? - Did not work Maybe a MACD rework? - Did not work with what I tried :( So I thought about statistics, Standard Deviation, Z-Score, Sharpe/Sortino/Omega ratio... Wait, was that the Z-Score? I only tried the For Loop version of it :O So on my way back from school I formulated a concept (originaly not like this but to that later) that would attempt to use the Z-Score as an accurate momentum oscillator. Many ideas were falling out of the blue, but not many worked. After almost giving up on this, and going to go back to developing my strategies, I tried one last thing: What if we use divergences in the average, formulated like a Z-score? Surprise-surprise, it worked! Now to explain what I have been so passionately yapping about, and to connect the pieces of the puzzle once and for all: The indicator compares the "strength" of the bullish/bearish factors (could be said differently, but this is my "speach bubble", and I think this describes it the best) What could we use for the "bullish/bearish" factors? How about high & low? I mean, these are by definitions the highest and lowest points in price, which I decided to interpret as: The highest the bull & bear "factors" achieved that bar. The problem here is comparison, I mean high will ALWAYS > low, unless the asset decided to unplug itself and stop moving, but otherwise that would be unfair. Now if I use my Z-score, it will get higher while low is going up, which is the opposite of what I want, the bearish "factor" is weaker while we go up! So I sat on my ret*rded a*s for 25 minutes, completly ignoring the fact the number "-1" exists. Surprise surprise, multiplying the Z-Score of the low by -1 did what I wanted! Now it reversed itself (magically). Now while the low keeps going down, the bear factor increases, and while it goes up the bear factor lowers. This was btw still too noisy, so instead of the classic formula: a = current value b = average value c = standard deviation of a Z = (a-b)/c I used: a = average value over n/2 period b = average value over n period c = standard deviation of a Z = (a-b)/c And then compared the Z-Score of High to the Z-Score of Low by basic subtraction, which gives us final result and shows us the strength of trend, the direction of the trend, and possibly more, which I may have not found. As always, this script is open source, so make sure to play around with it, you may uncover the treasure that I did not :) Enjoy Gs!
Indicador Pine Script®
por MisinkoMaster