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MMM MARKET CHAOS TO CLARITY INTELLIGENCE @MaxMaserati# MMM MARKET CHAOS TO CLARITY INTELLIGENCE ## Overview The MMM MARKET CHAOS TO CLARITY INTELLIGENCE (MMM AI Pro) by MaxMaserati is a sophisticated multi-factor analysis tool that provides comprehensive market insights through a unified dashboard. This system integrates several proprietary components to detect market conditions, trends, and potential reversals. At its core, this indicator is designed to bring clarity to market complexity by identifying meaningful patterns and establishing order within what often appears as random market chaos The MMM Intelligence Matrix accomplishes this through its multi-layered approach: - The MMPD system quantifies market conditions on a clear 0-100 scale, transforming complex price movements into actionable premium/discount levels - The proprietary candle analysis (MMMC Bias) identifies specific patterns with predictive value - The integration of volume, momentum, and multi-timeframe analysis creates a comprehensive market context - The Hot/Cold classification system helps traders distinguish between sustainable moves and overextended conditions What makes this indicator particularly valuable is how it synthesizes multiple technical factors into clear visual signals and classifications. Instead of leaving traders to interpret numerous conflicting indicators, it presents an organized dashboard of market conditions with straightforward action zones. ## Core Components ### MMPD (Max Maserati Premium and Discount) - Normalizes price movement on a 0-100 scale: - **Premium (>50)**: Bullish conditions - **Discount (<50)**: Bearish conditions - **Extreme values (>90 or <10)**: Potential reversal zones ### MMMC (Max Maserati Model Candle) Bias - Analyzes candle patterns to predict behavior: - **Bullish/Bearish Body Close**: Price closes beyond previous candle's high/low - **Bullish/Bearish Affinity**: Shows tendency toward continuation - **Seek & Destroy**: Tests previous levels then breaks in new direction - **Close Inside**: Closes within previous candle's range with directional bias - **Plus/Minus**: Indicates slight tendency toward bulls/bears ### PC Strength (Previous Candle Strength) - Measures percentage power of recent candlesticks - Analyzes strength across multiple previous candles (PC1, PC2, PC3) ### MVM (Market Volatility Momentum) - Adaptive moving averages system analyzing multiple timeframes: - **Short context (8 bars)**: Immediate direction - **Medium context (21 bars)**: Intermediate validation - **Long context (55 bars)**: Primary trend confirmation - **Higher timeframe**: Additional confirmation ### Volume Intelligence System - Adaptive algorithm comparing current volume to 20-period average - Identifies significant volume events and thresholds ### Hot/Cold Momentum Classification - **Strong Bullish/Bearish (Hot)**: Potentially overextended - **Strong Bullish/Bearish (Cold)**: Strong with room to continue - **Bullish/Bearish Momentum**: Clear directional bias - **Mild Bullish/Bearish**: Weak directional bias ### HVC (Highest Volume Candles) Detection - Triangle markers and sequential stars indicate significant volume-confirmed movements - Signals potential trend changes and continuation setups ## Dashboard Interface The customizable dashboard displays: 1. **MMMC Bias**: Candle pattern analysis and direction 2. **Delta MA**: Buy/sell pressure with directional arrows 3. **PC Strength**: Percentage strength of previous candles 4. **Current Trend**: Overall market bias state 5. **MMPD Bias**: Premium/discount context 6. **Short/Medium/Long Term**: Price change percentages 7. **Trend Quality**: Reliability rating 8. **Volume Strength**: Classification (High/Medium/Low) 9. **MMPD Values**: Current level with direction indicator 10. **HTF Trend**: Higher timeframe confirmation 11. **Trend Strength**: Overall momentum measurement 12. **Action Zone**: Trading zone classification 13. **Momentum Strength**: Hot/Cold status ## MMPD Value Classifications - **EXTREME PREMIUM (>90) ⚠️**: Extremely overbought - **HIGH PREMIUM (80-90) ↗**: Strong bullish (caution) - **PREMIUM (65-80) ↗**: Healthy bullish zone - **LIGHT PREMIUM (50-65) →**: Mild bullish territory - **LIGHT DISCOUNT (35-50) →**: Mild bearish territory - **DISCOUNT (20-35) ↘**: Healthy bearish zone - **HIGH DISCOUNT (10-20) ↘**: Strong bearish (caution) - **EXTREME DISCOUNT (<10) ⚠️**: Extremely oversold ## Action Zone Classifications - **MASSIVE BUY/SELL ZONE ★★★**: Very strong bias (Strength >5.0) - **STRONG BUY/SELL ZONE ★★**: Strong bias (Strength >3.0) - **MEDIUM BUY/SELL ZONE ★**: Moderate bias (Strength >2.0) - **LIGHT BUY/SELL ZONE ⋆**: Mild bias (Strength >1.0) - **SUPER LIGHT BUY/SELL ZONE ·**: Weak bias (Strength <1.0) - **NEUTRAL ZONE**: No clear directional bias ## Visual Signals 1. **Triangle Markers**: HVC system directional signals (up/down) 2. **Sequential Stars (★)**: Advanced confirmation signals following trend changes 3. **High Volume Highlighting**: Optional candle emphasis for volume events ## Entry Conditions ### Strong Buy Setup - MMPD Values: PREMIUM or LIGHT PREMIUM - Hot/Cold Status: "⚠️ Strong Bullish (Cold)" or "↗️ Bullish Momentum" - Action Zone: MASSIVE or STRONG BUY ZONE - Volume Strength: High or Medium - Current Trend: Strong Bullish or Bullish ### Strong Sell Setup - MMPD Values: DISCOUNT or LIGHT DISCOUNT - Hot/Cold Status: "⚠️ Strong Bearish (Cold)" or "↘️ Bearish Momentum" - Action Zone: MASSIVE or STRONG SELL ZONE - Volume Strength: High or Medium - Current Trend: Strong Bearish or Bearish ## Exit Conditions ### Exit Long Positions When - Hot/Cold Status changes to "⚠️ Strong Bullish (Hot)" or "↘️ Bearish Momentum" - MMPD Values shows EXTREME PREMIUM or HIGH PREMIUM - Action Zone changes to NEUTRAL ZONE or any SELL ZONE - Current Trend shows "Bearish Reversal" or "Exiting Overbought" ### Exit Short Positions When - Hot/Cold Status changes to "⚠️ Strong Bearish (Hot)" or "↗️ Bullish Momentum" - MMPD Values shows EXTREME DISCOUNT or HIGH DISCOUNT - Action Zone changes to NEUTRAL ZONE or any BUY ZONE - Current Trend shows "Bullish Reversal" or "Exiting Oversold" ## Position Sizing Guidelines - **Full Position (100%)**: Action Zone ★★★/★★, normal momentum, High volume - **Reduced Position (50-75%)**: "Cold" signal, Action Zone ★, Medium volume - **Small Position (25-50%)**: Action Zone ⋆, Medium/Low volume, mixed signals - **No Position**: "Hot" signal, NEUTRAL zone, Low volume ## Special Trade Setups ### Reversal Setups - **Bullish Reversal**: Transition from EXTREME DISCOUNT, Hot→Cold change, emerging buy signal, high volume - **Bearish Reversal**: Transition from EXTREME PREMIUM, Hot→Cold change, emerging sell signal, high volume ### Continuation Setups - **Bullish Continuation**: PREMIUM range, "Cold" signal, strong volume, timeframe alignment, clear Action Zone - **Bearish Continuation**: DISCOUNT range, "Cold" signal, strong volume, timeframe alignment, clear Action Zone ## Sequential Stars System - **Sequential Buy Signal**: Bullish star after bearish trend, volume confirmation - **Sequential Sell Signal**: Bearish star after bullish trend, volume confirmation ## Best Practices - Check multiple timeframes (prioritize when all align) - Validate with volume (High >2.5x, Medium >1.2x) - Assess trend quality (Strong ★★★, Confirmed ★★, Warning ⚠, Transition ↕) - Handle inside bars/consolidation with additional confirmation ## Technical Considerations - Based on closed candles for calculations - Requires reliable volume data - Higher sensitivity settings may produce more frequent signals - Extreme readings indicate potential turning points - Sequential stars require proper trend changes for activation ## Indicator Applicability - **Markets**: Forex, Crypto, Stocks, Futures, Commodities - **Timeframes**: 1H+ recommended, 4H/Daily for primary analysis *Intended for use with the full MMM system. Trading decisions require proper knowledge and risk management.*
Indicador Pine Script®
por MaxMaserati
MMM MARKET CHAOS TO CLARITY INTELLIGENCE @MaxMaserati# MMM MARKET CHAOS TO CLARITY INTELLIGENCE ## Overview The MMM MARKET CHAOS TO CLARITY INTELLIGENCE (MMM AI Pro) by MaxMaserati is a sophisticated multi-factor analysis tool that provides comprehensive market insights through a unified dashboard. This system integrates several proprietary components to detect market conditions, trends, and potential reversals. At its core, this indicator is designed to bring clarity to market complexity by identifying meaningful patterns and establishing order within what often appears as random market chaos The MMM Intelligence Matrix accomplishes this through its multi-layered approach: - The MMPD system quantifies market conditions on a clear 0-100 scale, transforming complex price movements into actionable premium/discount levels - The proprietary candle analysis (MMMC Bias) identifies specific patterns with predictive value - The integration of volume, momentum, and multi-timeframe analysis creates a comprehensive market context - The Hot/Cold classification system helps traders distinguish between sustainable moves and overextended conditions What makes this indicator particularly valuable is how it synthesizes multiple technical factors into clear visual signals and classifications. Instead of leaving traders to interpret numerous conflicting indicators, it presents an organized dashboard of market conditions with straightforward action zones. ## Core Components ### MMPD (Max Maserati Premium and Discount) - Normalizes price movement on a 0-100 scale: - **Premium (>50)**: Bullish conditions - **Discount (<50)**: Bearish conditions - **Extreme values (>90 or <10)**: Potential reversal zones ### MMMC (Max Maserati Model Candle) Bias - Analyzes candle patterns to predict behavior: - **Bullish/Bearish Body Close**: Price closes beyond previous candle's high/low - **Bullish/Bearish Affinity**: Shows tendency toward continuation - **Seek & Destroy**: Tests previous levels then breaks in new direction - **Close Inside**: Closes within previous candle's range with directional bias - **Plus/Minus**: Indicates slight tendency toward bulls/bears ### PC Strength (Previous Candle Strength) - Measures percentage power of recent candlesticks - Analyzes strength across multiple previous candles (PC1, PC2, PC3) ### MVM (Market Volatility Momentum) - Adaptive moving averages system analyzing multiple timeframes: - **Short context (8 bars)**: Immediate direction - **Medium context (21 bars)**: Intermediate validation - **Long context (55 bars)**: Primary trend confirmation - **Higher timeframe**: Additional confirmation ### Volume Intelligence System - Adaptive algorithm comparing current volume to 20-period average - Identifies significant volume events and thresholds ### Hot/Cold Momentum Classification - **Strong Bullish/Bearish (Hot)**: Potentially overextended - **Strong Bullish/Bearish (Cold)**: Strong with room to continue - **Bullish/Bearish Momentum**: Clear directional bias - **Mild Bullish/Bearish**: Weak directional bias ### HVC (Highest Volume Candles) Detection - Triangle markers and sequential stars indicate significant volume-confirmed movements - Signals potential trend changes and continuation setups ## Dashboard Interface The customizable dashboard displays: 1. **MMMC Bias**: Candle pattern analysis and direction 2. **Delta MA**: Buy/sell pressure with directional arrows 3. **PC Strength**: Percentage strength of previous candles 4. **Current Trend**: Overall market bias state 5. **MMPD Bias**: Premium/discount context 6. **Short/Medium/Long Term**: Price change percentages 7. **Trend Quality**: Reliability rating 8. **Volume Strength**: Classification (High/Medium/Low) 9. **MMPD Values**: Current level with direction indicator 10. **HTF Trend**: Higher timeframe confirmation 11. **Trend Strength**: Overall momentum measurement 12. **Action Zone**: Trading zone classification 13. **Momentum Strength**: Hot/Cold status ## MMPD Value Classifications - **EXTREME PREMIUM (>90) ⚠️**: Extremely overbought - **HIGH PREMIUM (80-90) ↗**: Strong bullish (caution) - **PREMIUM (65-80) ↗**: Healthy bullish zone - **LIGHT PREMIUM (50-65) →**: Mild bullish territory - **LIGHT DISCOUNT (35-50) →**: Mild bearish territory - **DISCOUNT (20-35) ↘**: Healthy bearish zone - **HIGH DISCOUNT (10-20) ↘**: Strong bearish (caution) - **EXTREME DISCOUNT (<10) ⚠️**: Extremely oversold ## Action Zone Classifications - **MASSIVE BUY/SELL ZONE ★★★**: Very strong bias (Strength >5.0) - **STRONG BUY/SELL ZONE ★★**: Strong bias (Strength >3.0) - **MEDIUM BUY/SELL ZONE ★**: Moderate bias (Strength >2.0) - **LIGHT BUY/SELL ZONE ⋆**: Mild bias (Strength >1.0) - **SUPER LIGHT BUY/SELL ZONE ·**: Weak bias (Strength <1.0) - **NEUTRAL ZONE**: No clear directional bias ## Visual Signals 1. **Triangle Markers**: HVC system directional signals (up/down) 2. **Sequential Stars (★)**: Advanced confirmation signals following trend changes 3. **High Volume Highlighting**: Optional candle emphasis for volume events ## Entry Conditions ### Strong Buy Setup - MMPD Values: PREMIUM or LIGHT PREMIUM - Hot/Cold Status: "⚠️ Strong Bullish (Cold)" or "↗️ Bullish Momentum" - Action Zone: MASSIVE or STRONG BUY ZONE - Volume Strength: High or Medium - Current Trend: Strong Bullish or Bullish ### Strong Sell Setup - MMPD Values: DISCOUNT or LIGHT DISCOUNT - Hot/Cold Status: "⚠️ Strong Bearish (Cold)" or "↘️ Bearish Momentum" - Action Zone: MASSIVE or STRONG SELL ZONE - Volume Strength: High or Medium - Current Trend: Strong Bearish or Bearish ## Exit Conditions ### Exit Long Positions When - Hot/Cold Status changes to "⚠️ Strong Bullish (Hot)" or "↘️ Bearish Momentum" - MMPD Values shows EXTREME PREMIUM or HIGH PREMIUM - Action Zone changes to NEUTRAL ZONE or any SELL ZONE - Current Trend shows "Bearish Reversal" or "Exiting Overbought" ### Exit Short Positions When - Hot/Cold Status changes to "⚠️ Strong Bearish (Hot)" or "↗️ Bullish Momentum" - MMPD Values shows EXTREME DISCOUNT or HIGH DISCOUNT - Action Zone changes to NEUTRAL ZONE or any BUY ZONE - Current Trend shows "Bullish Reversal" or "Exiting Oversold" ## Position Sizing Guidelines - **Full Position (100%)**: Action Zone ★★★/★★, normal momentum, High volume - **Reduced Position (50-75%)**: "Cold" signal, Action Zone ★, Medium volume - **Small Position (25-50%)**: Action Zone ⋆, Medium/Low volume, mixed signals - **No Position**: "Hot" signal, NEUTRAL zone, Low volume ## Special Trade Setups ### Reversal Setups - **Bullish Reversal**: Transition from EXTREME DISCOUNT, Hot→Cold change, emerging buy signal, high volume - **Bearish Reversal**: Transition from EXTREME PREMIUM, Hot→Cold change, emerging sell signal, high volume ### Continuation Setups - **Bullish Continuation**: PREMIUM range, "Cold" signal, strong volume, timeframe alignment, clear Action Zone - **Bearish Continuation**: DISCOUNT range, "Cold" signal, strong volume, timeframe alignment, clear Action Zone ## Sequential Stars System - **Sequential Buy Signal**: Bullish star after bearish trend, volume confirmation - **Sequential Sell Signal**: Bearish star after bullish trend, volume confirmation ## Best Practices - Check multiple timeframes (prioritize when all align) - Validate with volume (High >2.5x, Medium >1.2x) - Assess trend quality (Strong ★★★, Confirmed ★★, Warning ⚠, Transition ↕) - Handle inside bars/consolidation with additional confirmation ## Technical Considerations - Based on closed candles for calculations - Requires reliable volume data - Higher sensitivity settings may produce more frequent signals - Extreme readings indicate potential turning points - Sequential stars require proper trend changes for activation ## Indicator Applicability - **Markets**: Forex, Crypto, Stocks, Futures, Commodities - **Timeframes**: 1H+ recommended, 4H/Daily for primary analysis *Intended for use with the full MMM system. Trading decisions require proper knowledge and risk management.*
Indicador Pine Script®
por MaxMaserati
Swing Trend AnalysisIntroducing the Swing Trend Analyzer: A Powerful Tool for Swing and Positional Trading The Swing Trend Analyzer is a cutting-edge indicator designed to enhance your swing and positional trading by providing precise entry points based on volatility contraction patterns and other key technical signals. This versatile tool is packed with features that cater to traders of all timeframes, offering flexibility, clarity, and actionable insights. Key Features: 1. Adaptive Moving Averages: The Swing Trend Analyzer offers multiple moving averages tailored to the timeframe you are trading on. On the daily chart, you can select up to four different moving average lengths, while all other timeframes provide three moving averages. This flexibility allows you to fine-tune your analysis according to your trading strategy. Disabling a moving average is as simple as setting its value to zero, making it easy to customize the indicator to your needs. 2. Dynamic Moving Average Colors Based on Relative Strength: This feature allows you to compare the performance of the current ticker against a major index or any symbol of your choice. The moving average will change color based on whether the ticker is outperforming or underperforming the selected index over the chosen period. For example, on a daily chart, if the 21-day moving average turns blue, it indicates that the ticker has outperformed the selected index over the last 21 days. This visual cue helps you quickly identify relative strength, a key factor in successful swing trading. 3. Visual Identification of Price Contractions: The Swing Trend Analyzer changes the color of price bars to white (on a dark theme) or black (on a light theme) when a contraction in price is detected. Price contractions are highlighted when either of the following conditions is met: a) the current bar is an inside bar, or b) the price range of the current bar is less than the 14-period Average Daily Range (ADR). This feature makes it easier to spot price contractions across all timeframes, which is crucial for timing entries in swing trading. 4. Overhead Supply Detection with Automated Resistance Lines: The indicator intelligently detects the presence of overhead supply and draws a single resistance line to avoid clutter on the chart. As price breaches the resistance line, the old line is automatically deleted, and a new resistance line is drawn at the appropriate level. This helps you focus on the most relevant resistance levels, reducing noise and improving decision-making. 5. Buyable Gap Up Marker: The indicator highlights bars in blue when a candle opens with a gap that remains unfilled. These bars are potential Buyable Gap Up (BGU) candidates, signaling opportunities for long-side entries. 6. Comprehensive Swing Trading Information Table: The indicator includes a detailed table that provides essential data for swing trading: a. Sector and Industry Information: Understand the sector and industry of the ticker to identify stocks within strong sectors. b. Key Moving Averages Distances (10MA, 21MA, 50MA, 200MA): Quickly assess how far the current price is from key moving averages. The color coding indicates whether the price is near or far from these averages, offering vital visual cues. c. Price Range Analysis: Compare the current bar's price range with the previous bar's range to spot contraction patterns. d. ADR (20, 10, 5): Displays the Average Daily Range over the last 20, 10, and 5 periods, crucial for identifying contraction patterns. On the weekly chart, the ADR continues to provide daily chart information. e. 52-Week High/Low Data: Shows how close the stock is to its 52-week high or low, with color coding to highlight proximity, aiding in the identification of potential breakout or breakdown candidates. f. 3-Month Price Gain: See the price gain over the last three months, which helps identify stocks with recent momentum. 7. Pocket Pivot Detection with Visual Markers: Pocket pivots are a powerful bullish signal, especially relevant for swing trading. Pocket pivots are crucial for swing trading and are effective across all timeframes. The indicator marks pocket pivots with circular markers below the price bar: a. 10-Day Pocket Pivot: Identified when the volume exceeds the maximum selling volume of the last 10 days. These are marked with a blue circle. b. 5-Day Pocket Pivot: Identified when the volume exceeds the maximum selling volume of the last 5 days. These are marked with a green circle. The Swing Trend Analyzer is designed to provide traders with the tools they need to succeed in swing and positional trading. Whether you're looking for precise entry points, analyzing relative strength, or identifying key price contractions, this indicator has you covered. Experience the power of advanced technical analysis with the Swing Trend Analyzer and take your trading to the next level.
Indicador Pine Script®
por PrasadJoshi12
4
3-1 Setup Detector (Multi-Timeframe)📌 3-1 Setup Detector (Multi-Timeframe) – Description The 3-1 Setup Detector (Multi-Timeframe) is a powerful price action indicator designed for The Strat trading method. It automatically detects 3-1 setups, where an outside bar (3) is followed by an inside bar (1), signaling potential breakout opportunities. 🔥 Key Features: ✅ Multi-Timeframe Support – Works on 1H, 2H, 3H, 4H, 6H, 12H, Daily, 2D, 3D, Weekly, 2W, 3W, Monthly, Quarterly ✅ Real-Time Alerts – Get notified when a 3-1 setup forms ✅ Easy Visualization – Plots markers on the chart for quick recognition ✅ Customizable Timeframe – Select a specific higher timeframe for confirmation 📊 How It Works: Identifies an outside bar (3), where the high is higher and the low is lower than the previous bar. Detects an inside bar (1), where the high is lower and the low is higher than the previous bar. If a 3-1 sequence occurs, the indicator marks the setup on the chart and triggers an alert. 🎯 Trading Applications: Breakout Strategy: Trade breakouts when the 3-1 setup forms near key levels. Reversal Signals: Use in combination with support/resistance for confirmation. Multi-Timeframe Analysis: Detect setups on higher timeframes while trading lower ones. 🚀 Perfect for traders who use The Strat method and want real-time, high-probability trade setups across multiple timeframes!
Indicador Pine Script®
por AlWealthMili
Shaktiman [DSS_Rajput]I'm a Momentum Trader, following the Indian markets, Mark Minervini and William O'Neil follower. User Settings Inputs tab EMA option for Table - It compares the current price of the symbol to its key EMA's and calculates the rate of return to make it easier to track the performance of the symbol. It Helps you to identify how far the price is from its Key EMA's ADDITIONAL TABLE DATA - It will allow you to use multiple performance data sets with your set of customizable inputs (You can change periods as per your requirements) Show Inside Bar (IB): Allows you to add Inside Bar on your chart Show NR4 (Narrow Range): Allows you to add an NR4 bar on your chart Show INR7(Narrow Range): Allows you to add NR7 Bar on your chart Distance_From_EMA_Table: Allows you to enable/disable the price difference with its key EMA's table. ROC_Table: It compares the current price of the symbol to its past price and calculates the rate of return to make it easier to track the performance of the symbol. Note that the Performance sidebar is not updated in real-time, while this indicator is, so on real-time charts. The formula of the calculation is (Current value - Past value) * 100 / Past value, where Past value is: 1W, 1M, 3M, 6M, 1Y Momentum_Table: It compares the current price of the symbol to its past lowest price of that period and calculates the %Gain of the symbol from the low of that period Power_Play_Candidate: It will show the power play candidate, similar to IBD, It merely qualifies for Power_Play. You need to wait for the Right Entry point. It will give you 8 Week Range. According to IBD, it should move 100%+ in less than 8 weeks. You can modify your criteria by changing the percentage gain. U/D Ratio: IBD defines the U/D ratio as "A 50-day ratio that is derived by dividing total volume on up days by the total volume on down days. A ratio greater than 1.0 implies positive demand for a stock" UpVol criteria: close>open and vice versa for DownVol Rvol (Relative Vol): Percentage volume change (compared to daily average volume) ADR : It allows you to add the Average Daily Range to the table. Show 50D Avg. Vol & Avg. Vol rupee: It allows you to add 50-Day Avg. Vol and 50-Day Avg. Vol rupee. Show_Bull_Snort: Allows you to add bull snort to your chart and style the bar. Bull Snort is the work of Oliver Kell. For more info about Oliver kell, check youtube videos of Oliver Kell. Normal Moving Average: Plot 4 Simple, Exponential, and Weighted Moving Averages. (You can choose an option between EMA/SMA/WMA) Fixed Moving Average : Plot 4 Simple, Exponential, and Weighted Moving Averages. (You can choose an option between EMA/SMA/WMA) Plus Point: It will not change its value when you switch to a different timeframe. Let's say you applied Fixed Daily 20MA, on the intraday chart. It will not change its value and It will give you much more clarity that, from where the price is bouncing from 20MA. Explore it (You will definitely love it!) Fixed Moving Average : Plot 2 Simple, Exponential, and Weighted Moving Averages. (You can choose an option between EMA/SMA/WMA) Plus Point: It will not change its value when you switch to a different timeframe. (It's like Plotting 10 Week Line on Daily Chart & Intraday Charts) Numbers of weeks to show High & Low: It will add data to the tables and also add 52 weeks of High & Low lines on the charts. (Number of weeks is customizable, you can change as per your requirements.) Style tab You can modify the style and color of any of the inputs except table color. Conclusion If you like this script, click on Add to favorite indicators, so that you can easily add this indicator from your favorites tab right away. Hope you find this useful. Please leave any questions you have in the comment section and I'll be happy to answer them. Thanks!
Indicador Pine Script®
por DSS_Rajput007
62
Candle PatternsWith the right knowledge on price action and this indicator you would be able to make great trades. This unfortunately only works on 1Day chart as of yet. I will design it different in the near future to suit everyone trading desire. Also I designed it on Forex charts so if you want to try on other charts you are more than welcome to try and see if it works. Doji = Doji for Bull and Bear Rej = Green - Bullish Red - Bearish OC = Green - Outside candle Bullish Red - Outside candle Bearish "IB" = Green - Inside bar Bullish Red - Inside bar Bearish "PB" = Green - Bullish Pin Bar Red - Bearish Pin Bar Let me know if you would like to have this indicator. I will give the first few for free as soon as there are a few people that have this indicator I am going to start selling it! :) I have no coding background at all. . . I would like to have your comments on this indicator. Thanks
Indicador Pine Script®
por NicoTrade001
17
Brooks Always In [KintsugiTrading]Brooks Always In Overview: The "Brooks Always In Indicator" by KintsugiTrading is a tool designed for traders who follow price action methodologies inspired by Al Brooks. This indicator identifies key bar patterns and breakouts, plots an Exponential Moving Average (EMA), and highlights consecutive bullish and bearish bars. It is intended to assist traders in making informed decisions based on price action dynamics. Features: Consecutive Bar Patterns: Identifies and highlights consecutive bullish and bearish bars. Differentiates between bars that are above/below the EMA and those that are not. Customizable EMA: Option to display an Exponential Moving Average (EMA) with user-defined length and offset. The EMA can be smoothed using various methods such as SMA, EMA, SMMA (RMA), WMA, and VWMA. Breakout Patterns: Recognizes bullish and bearish breakout bars and outside bars. Tracks inside bars and prior bar conditions to better understand the market context. Customizable Display: Users can display or hide the EMA, consecutive bar patterns, and consecutive bars relative to the moving average. How to Use: Customize Settings: First, I like to navigate to the top right corner of the chart (bolt icon), and change both the bull and bear body color to match the background (white/black) - this helps the user visualize the indicator far better. Next, Toggle to display EMA, consecutive bar patterns, and consecutive bars relative to the moving average using the provided input options. Adjust the EMA length, source, and offset as per your trading strategy. Select the smoothing method and length for the EMA if desired. Analyze Key Patterns: Observe the highlighted bars on the chart to identify consecutive bullish and bearish patterns. Use the plotted EMA to gauge the general trend and analyze the relationship between price bars and the moving average. Informed Decision Making: Utilize the identified bar patterns and breakouts to make informed trading decisions, such as identifying potential entry and exit points based on price action dynamics. Good luck with your trading!
Indicador Pine Script®
por KintsugiTrading
TIA Gann Swing IndicatorTIA Gann Swing Indicator This indicator is a mechanical tool that tells the user exactly what the market trend is at any time, based on the teachings of Legendary trader, Mr. William D. Gann . Gann called this tool the “Trendline Indicator,” but it has popularly become known as the “Swing Chart” by present-day traders. In October 1909, Richard Wyckoff watched Gann for 25 market days (the markets traded on Saturdays back then), where Gann made 286 trades, both long and short. Two hundred sixty-four (264) of these trades were profits. The Swing Chart was Gann’s primary trading tool helping him achieve these phenomenal trading results. This indicator, now available to you in TradingView, automatically displays the swing chart and trend on any timeframe. Selecting “Show Trend,” will light the background of the chart up, showing if the trend is “Up,” “Down,” or “Uncertain.” The indicator is also fully customizable to display “Break Lines,” which indicate potential trend changes ahead of time. Additional features include data about each bar and swing to give the user vital information, and the data points currently available include: Bar Type This indicator selection allows the user to identify precisely what each bar is, as per WD Gann’s Instructions. Each of the 4 bar types includes: Up bars, Down bars, Inside bars, Outside bars Date Displaying the date of swing tops and bottoms allows the user to stay on top of significant announcements and events in the economy. Often, market reversals occur right around critical economic events. Time This indicator selection allows the user to identify the time of the swing tops and swing bottoms. Designed for intra-day traders, this setting displays the exact time of tops and bottoms on any timeframe to help stay ahead of any important announcement. Price Price analysis is critical for every technical analyst, and displaying the price of swing tops and bottoms allows the trader or investor to stay on top of essential pivot points in the market. Identifying potential support and resistance levels keeps traders ahead of the herd. Range Identifying each swing’s price range gives the trader or investor critical information. Have you ever wondered if a market is gaining momentum or losing momentum? Knowing if price ranges are expanding or contracting is key, and this setting quickly displays what every swing range is doing. Bar Count What is the average number of bars up or down? Markets can only move in one direction for so many bars before a reversal. Simply displaying the number of bars between each swing gives the analyst valuable insights into overbought or oversold trends. Gann's famous “7-10 bar” rule identifies potential reversals, and this simple indicator setting can help any market participant stay ahead of the pack. The TIA Gann Swing Indicator is an indicator that EVERY trader & investor should have at their fingertips. It is critical for long-term investors and short-term traders to know the trend of their market and vital information about the upswings and downswings. The TIA Gann Swing Indicator is the indicator to help. See the Author's instructions below to get access to this package.
Indicador Pine Script®
por TIA_Technologies
226
Price Action All In OneThis indicator represents the most advanced level of price action indicators, incorporating six useful features: traditional gaps, shadow gaps, bar counting, moving averages, previous values, and IO pattern matching . When I refer to price action, I mean the teachings of Dr. Al Brooks. While you can find these features in other indicators, mine is more advanced. The default settings are designed to work on a 5-minute timeframe, but you can also use this indicator on other time periods if you prefer. Gaps Traditional Gaps: Occurs when the lowest price of a bar is higher than the highest price of the previous bar, or the highest price of a bar is lower than the lowest price of the previous bar. Shadow/Tail Gaps: Occurs when the lowest price of a bar is higher than the highest price of the second last bar, or the highest price of a bar is lower than the lowest price of the second last bar. Gaps indicate strength, and consecutive gaps in one direction are characteristic of a strong trend. They offer a perspective on the strength of a trend, signifying that limit orders on one side are at a loss with no opportunity to exit at breakeven. Can bulls or bears create gaps? Are the gaps they create filled, or do they remain open? Traditional Gaps & Shadow/Tail Gaps Bar Counting The ability to use different timeframes (e.g., to determine the minute within an hour or the hour within a week). Consistent display of 1; in other indicators, if you set intervals to 2, you see 2, 4, 6, etc., or 1, 2, 4, 6. In my indicator, you will see 1, 3, 5, etc. In intraday trading, certain specific times are more important than others. For example, a form of reversal is more likely to occur at the midpoint of the trading day (if there are 80 candles in a day, the midpoint is at the 40th candle). This doesn't mean you should make reversal trades at the 40th candle. The bar count feature simply reminds you of the current time, helping you gauge how long until the trading day ends. For instance, if there are 80 candles in a day and you're an intraday trader, you probably shouldn't make a swing trade at the 70th candle because there are only 10 candles left until the close—likely not enough time for a swing to develop. Additionally, if you trade on a 5-minute timeframe, seeing candles numbered 3, 6, 9, etc. indicates the close of a 15-minute candle. This means that in addition to 5-minute timeframe traders, 15-minute timeframe traders will also pay attention to these candles, making them more significant. For the same reason, the 12th candle is crucial, as its close also marks the close of an hourly candle. Day Time Frame & Week Time Frame Moving Averages Provides three EMAs. You can set different timeframes and choose between continuous or discrete modes. Moving averages are excellent tools for determining trends. The 20 EMA is particularly popular, which increases its significance. Traders using different timeframes, such as 5-minute, 15-minute, and 1-hour, all utilize the 20 EMA. This indicator allows you to see what traders on 15-minute and 1-hour timeframes are observing, even when you're on a 5-minute timeframe. Once again, the default settings of this indicator assume that the user is trading intraday on a 5-minute timeframe. However, if that's not the case, you can easily adjust the moving average periods. For instance, if you trade on a 1-hour timeframe and want to display the 4-hour and daily moving averages on your chart, this can be done effortlessly. 5m 20, 15m 20 & 1h 20 Previous Values Features three previous value displays. You can set their sources and timeframes independently and define the range for all previous values. For intraday trading, marking the previous day's high, low, and close prices can be crucial. While some other indicators provide this feature, mine does it better. You can set different timeframes and choose various sources. For example, you might want to display the average of (O+H+L+C)/4 for the last week. In addition to setting the timeframe and source, you can also configure the display range: All: This will show the data in all positions. For example, you can see the high price from two days ago on yesterday's chart. Today: This will only display the previous day's high price on the current day's chart. Timeframe: This will display the data based on the specified timeframe you set. Last Week High, Last Day Close & Low(Timeframe Display) IO Pattern Matching More advanced than other IO pattern matching indicators. For adjacent IIs, it merges to display as III, IIII, and so on. The same applies to OO patterns. Additionally, it automatically merges adjacent IOI and II into IOII, and adjacent OO and IOI into IIOI. II Pattern: This refers to two consecutive inside bar candles. On a lower timeframe, the II pattern forms a converging triangle, which is a breakout pattern. The II pattern could also potentially become a final flag, which is the last flag in a trend. OO Pattern: This refers to two consecutive outside bar candles. On a lower timeframe, the OO pattern forms an expanding triangle. You can use the OO pattern similarly to how you would use an expanding triangle. IOI Pattern: This pattern occurs when the first candle is contained within the second candle, and the third candle is also contained within the second candle. This is a breakout pattern and could similarly represent a terminal flag in a trend. The appearance of II, OO, or IOI patterns does not necessarily mean you should make a reversal trade. These patterns are meant to mark potential moves in a lower timeframe within the current cycle, providing a new perspective on the market and reminding you to stay vigilant. You shouldn't look for IO patterns in a tight trading range. There are many IO patterns in a tight trading range, but they don't hold much significance. II, OO & IOI
Indicador Pine Script®
por fengyangsi
16
Execution & Risk MetricsERM: Execution & Risk Metrics Idea Credit: Special thanks to @dharmeshrbhatt for inspiring the concept behind this tool. Developed and Published by learningvitals. A comprehensive visual tool for traders. Combines execution triggers (ATR multiples), momentum burst signals, inside bar/Narrow Range patterns, and a rich risk assessment table including MA positioning, ATR percentiles, and proximity to 52-week highs/lows. Includes smart logic for NR7/NR4/IB detection and customizable label preferences. Ideal for spotting efficient trade entries and managing exits based on market structure and volatility. How to Read Risk Table (Bottom Right) MA Grade: A–E rating based on price position relative to 12EMA, 26EMA, 50SMA, and 200SMA xEMA / xSMA: Shows price distance from each moving average in ATR units ATR%: Current volatility as % of price LoD / Low: Distance and value of the daily low 52W Metrics: % from 52-week high/low ATR Range: Normalized ATR position over the last 50 days Mkt Cap: Market cap in Cr (auto-calculated if unavailable) Plot Shapes (Above/Below Candles) ◆ (Diamond): Price reached user-defined ATR multiple above 26EMA X (Cross): Price reached ATR multiple above 50SMA 🔵/🔴 Circles: 52-week Highs/Lows 🟣 Circle Below Bar: Momentum Burst — strong price/volume surge 🔻 Down Triangle: First 52W High after a recent Low i / 4 / 7 Labels: Inside bar, NR4, NR7 — plotted below candle with configurable visibility and priority
Indicador Pine Script®
por learningvitals
Higher Timeframe Candles (Dynamic Display)Key Features: 1. Higher Timeframe Candles Visualization: Displays up to 5 candles from a user-selected higher timeframe (e.g., 15-minute, hourly). Each candle includes: Body (open-close range) and wicks (high-low range). Customizable appearance settings for width, colors, and transparency. 2. Horizontal Price Levels: Calculates and plots important levels based on the higher timeframe candles: Max High: Highest price among the displayed candles. Min Low: Lowest price among the displayed candles. Midpoint: The midpoint between Max High and Min Low. Quarter Points: 25% and 75% levels within the Max-Min range. Each level's line appearance (color, width, style) can be customized, and price labels can be displayed. 3. Fair Value Gaps (FVG): Detects bullish and bearish fair value gaps (FVGs) based on three consecutive candles: Bullish FVG: Middle candle's low is higher than the previous candle's high. Bearish FVG: Middle candle's high is lower than the previous candle's low. Highlights FVGs with colored boxes and optional labels showing gap height. 4. Inside/Outside Bar Detection: Identifies inside bars (current candle is entirely within the previous candle) and outside bars (current candle exceeds the previous candle's range). Labels these patterns above the candles for easy identification. 5. Alerts for Key Levels: Alerts are triggered when the current price crosses: Max High Min Low Midpoint Alerts help traders act without monitoring the chart constantly. 6. Customization Options: Fully customizable input options for candles, levels, FVGs, and labels: Appearance settings: Colors, widths, styles, transparency. Toggle visibility for specific features (e.g., FVGs, labels, quarter points). Label precision and positioning.
Indicador Pine Script®
por aceventur
ICT CRT Model Range with EquilibriumICT CRT Model Range with Equilibrium Indicator This indicator calculates and displays the high, low, and equilibrium levels within a custom-defined session (9:00 am to 10:00 am New York Time and the lines will stop appearing at 16:00pm ). It draws horizontal lines to represent the session's range and marks the equilibrium point as a reference. What is CRT (Candle Range Theory)? Candle Range Theory (CRT) is based on the concept that every candle on any timeframe forms its own range. These ranges can either be manipulated—through strategies like Turtle Soup—or broken, resulting in price movements such as engulfing patterns, breakouts, and retests beyond the candle's high or low. CRT is commonly visualized as a 3-candle model, but it can include more candles due to the presence of inside bars. An inside bar is a candle whose high is not higher than the previous candle's high and whose low is not lower than the previous candle's low. The CRT model follows the A-M-D structure: Accumulation (A): The first candle or group of candles (inside bars) represents market consolidation. Manipulation (M): The second candle signals a false move, often a Turtle Soup setup designed to trap traders. Distribution (D): The third candle confirms the true market move, breaking out of the range and establishing the trend. Customizable Settings: Line Colors: Choose your preferred colors for the high, low, and equilibrium lines. Line Widths: Adjust the thickness of the lines for better visibility. Line Styles: Select from solid, dotted, or dashed styles for each line. Label Settings: Customize the text and colors of the labels for the high, low, and equilibrium points. Traders can easily modify these settings to suit their visual preferences and trading strategies. This indicator is ideal for identifying price action within a specific range, offering clear visual cues for potential CRT Setup.
Indicador Pine Script®
por Dimitris74
4
WillStop Pro [tradeviZion]WillStop Pro : A Step-by-Step Guide for Beginners to Master Trend Trading Welcome to an in-depth guide to the WillStop Pro indicator. This article will walk you through the key features, how to use them effectively, and how this tool can help you navigate the markets confidently. WillStop Pro is based on principles established by Larry Williams, a well-known figure in trading, and aims to help you manage trades more effectively without overcomplicating things. This guide will help you understand the basics of the WillStop Pro indicator, how to interpret its signals, and how to use it step-by-step to manage risk and identify opportunities in your trading journey. We will also cover the underlying logic and calculations for advanced users interested in more details. What is the WillStop Pro Indicator? The WillStop Pro indicator is a user-friendly tool that helps traders establish stop levels dynamically. It helps you figure out optimal points to enter or exit trades, while managing risk effectively during changing market conditions. The indicator tracks trending markets and sets price levels as stops for ongoing trades, making it suitable both for deciding when to enter and exit trades. The indicator is beginner-friendly because it simplifies complex calculations and presents the results visually. This allows traders to focus more on their decision-making process instead of spending time with complex analysis. WillStop Pro adapts to different market conditions, whether you're trading stocks, forex, commodities, or cryptocurrencies. It adjusts stop levels dynamically based on current market momentum, providing a practical way to manage both risk and reward. Another significant benefit of WillStop Pro is that it works well with other indicators. Beginners can use it on its own or combine it with other tools like moving averages or oscillators to form a comprehensive trading strategy. Whether you are trading daily or looking at longer-term trends, WillStop Pro helps you manage your trades effectively. Key Features of WillStop Pro Dynamic Stop Levels : WillStop Pro calculates real-time stop levels for both long (buy) and short (sell) positions. This helps you protect your profits and reduce risk. The stop levels adjust based on the current market environment, making them more adaptable compared to fixed stop levels. Advanced Stop Settings : There are optional settings to make the stop calculations more advanced, which take into consideration previous price movements to refine where the stops should be placed. These settings provide more precise control over your trades. Break Signals and Alerts : The indicator provides visual signals, like arrows, to show when a stop level has been broken. This makes it easier for you to identify possible reversals and understand when the market direction is changing. Comprehensive Table Display : A small table on the chart shows the current trend, the stop level, and whether advanced mode is active. This simple display provides an overview of the market, making decision-making easier. Based on Larry Williams' Methodology : WillStop Pro builds upon Larry Williams' ideas, which are designed to capture major market trends while managing risk effectively. It provides a systematic way to follow these strategies without requiring deep technical analysis skills. How Are Stop Levels Calculated? (For Advanced Users) The WillStop Pro indicator determines stop levels by evaluating highs, lows, and closing prices over a specific lookback period. It uses this information to identify key points that justify adjusting your stop level, and there are separate approaches for both long and short positions. Below, we explain the mathematical logic behind the stop calculations, along with some code snippets to give advanced users a clearer understanding. For Long Stops (buy positions): The indicator looks for the highest closing price within the lookback period and continues until it finds three valid bars that meet certain criteria. Stops are adjusted to skip bars that have consecutive upward closes to ensure that the stop is placed at a level that offers solid support. Specifically, the function iterates over recent bars to determine the highest closing value, and checks for specific conditions before finalizing the stop level. Here is an excerpt of the relevant code: getTrueLow(idx) => math.min(low , close ) findStopLevels() => float highestClose = close int highestCloseIndex = 0 for i = 0 to lookback if close > highestClose highestClose := close highestCloseIndex := i // Logic to adjust based on up close skipping int longCount = 0 int longCurrentIndex = highestCloseIndex while longCount < 3 and longCurrentIndex < 100 if not isInsideBar(longCurrentIndex) longCount += 1 longCurrentIndex += 1 // Determine the lowest low for the stop level float longStopLevel = high * 2 for i = searchIndex to highestCloseIndex longStopLevel := math.min(longStopLevel, getTrueLow(i)) // Apply offset longStopLevel := longStopLevel - (offsetTicks * tickSize) In this code snippet, the function findStopLevels() calculates the long stop level by first identifying the highest close within the lookback period and then finding a suitable support level while skipping certain conditions, such as inside bars or consecutive upward closes. Finally, the user-defined offset ( offsetTicks ) is applied to determine the stop level. For Short Stops (sell positions): Similarly, the indicator finds the lowest closing price within the lookback period and then identifies three bars that fit the conditions for a short stop. It avoids using bars with consecutive down closes to help find a more robust resistance level. Here's a relevant code snippet: getTrueHigh(idx) => math.max(high , close ) findStopLevels() => float lowestClose = close int lowestCloseIndex = 0 for i = 0 to lookback if close < lowestClose lowestClose := close lowestCloseIndex := i // Logic to adjust based on down close skipping int shortCount = 0 int shortCurrentIndex = lowestCloseIndex while shortCount < 3 and shortCurrentIndex < 100 if not isInsideBar(shortCurrentIndex) shortCount += 1 shortCurrentIndex += 1 // Determine the highest high for the stop level float shortStopLevel = 0 for i = searchIndex to lowestCloseIndex shortStopLevel := math.max(shortStopLevel, getTrueHigh(i)) // Apply offset shortStopLevel := shortStopLevel + (offsetTicks * tickSize) Here, findStopLevels() calculates the short stop level by finding the lowest closing price within the lookback period. It then determines the highest value that acts as a resistance level, excluding bars that do not fit certain criteria. Volume Confirmation for Alert Accuracy : To further enhance the stop level accuracy, volume is used as a confirmation filter. The average volume (volAvg) is calculated over a 20-period moving average, and alerts are only generated if the volume exceeds a defined threshold (volMultiplier). This ensures that price movements are significant enough to consider as meaningful signals. volAvg = ta.sma(volume, 20) isVolumeConfirmed() => result = requireVolumeConfirmation ? volume > (volAvg * volMultiplier) : true result This additional logic ensures that stop level breaks or adjustments are not triggered during periods of low trading activity, thus enhancing the reliability of the generated signals. These calculations are at the core of WillStop Pro's ability to determine dynamic stop levels that respond effectively to market movements, helping traders manage risk by placing stops at levels that make sense given historical price and volume data. How to Identify Opportunities with WillStop Pro WillStop Pro provides various signals that help you decide when to enter or exit a trade: When a Stop Level is Broken: If a stop level (support for long positions or resistance for short positions) is broken, it may indicate a reversal. WillStop Pro visually plots arrows whenever a stop level is breached, making it easy for you to see where changes might occur. This feature helps traders identify momentum shifts quickly. Support and Resistance Levels: The indicator plots support and resistance levels, which show key zones to watch for opportunities. These levels often act as psychological barriers in the market, where price action may either reverse or stall temporarily. Dynamic State Management: The indicator shifts between long and short states based on price action, providing real-time feedback. This helps traders stick to their trading plan without second-guessing the market. A major advantage of WillStop Pro is that it responds well to changing market conditions. By identifying when key support or resistance levels break, it allows you to adjust your strategies and react to new opportunities accordingly. Whether the market is trending strongly or staying within a range, WillStop Pro provides valuable information to help guide your trades. Setting Up Alerts Alerts are an important feature in trading, especially when you can’t be in front of your charts all the time. WillStop Pro has been enhanced to include flexible alert settings to help you stay on top of your trades without constantly monitoring the charts. Enable Alerts: There is a master switch to enable or disable all alerts. This way, you can control whether you want to be notified of events at any time. Alert Frequency: Choose between receiving alerts Once Per Bar or Once Per Bar Close . This helps you manage the frequency of alerts and decide if you need real-time updates or want confirmation after a bar closes. Break Alerts: These alerts notify you when a stop level has been broken. This can help you catch potential reversals or trading opportunities as soon as they happen. Strong Break Alerts: Alerts are available for strong breaks, which occur when the price breaks stop levels with confirmation based on additional price, volume, and momentum criteria. These alerts help identify significant shifts in the market. Level Change Alerts: These alerts tell you whenever a new stop level is calculated, keeping you updated about changes in market dynamics. You can set a Minimum Level Change % to ensure that alerts are only triggered when the stop level changes significantly. Require Volume Confirmation: You can opt to receive alerts only if the volume is above a certain threshold. This confirmation helps reduce false signals by ensuring that significant price changes are backed by increased trading activity. Volume Multiplier: The volume multiplier allows you to set a minimum volume requirement that must be met for an alert to trigger. This ensures that alerts are triggered only when there is sufficient trading interest. Here is a part of the updated alert logic that has been implemented in the indicator: // Alert on break conditions if alertsEnabled if alertOnBreaks if longStopBroken and isVolumeConfirmed() alert(createAlertMessage("Support Break - Short Signal", useAdvancedStops), alertFreq) if shortStopBroken and isVolumeConfirmed() alert(createAlertMessage("Resistance Break - Long Signal", useAdvancedStops), alertFreq) // Strong break alerts if alertOnStrongBreaks if longStopBroken and isStrongBreak(false) alert(createAlertMessage("Strong Support Break - Short Signal", useAdvancedStops), alertFreq) if shortStopBroken and isStrongBreak(true) alert(createAlertMessage("Strong Resistance Break - Long Signal", useAdvancedStops), alertFreq) // Level change alerts if alertOnLevelChanges and isSignificantChange() and isVolumeConfirmed() alert(createAlertMessage("Significant Level Change", useAdvancedStops), alertFreq) Setting alerts allows you to react to market changes without having to watch the charts constantly. Alerts are particularly helpful if you have other responsibilities and can’t be actively monitoring your trades all day. Understanding the Table Display The WillStop Pro indicator provides a status table that gives an overview of the current market state. Here’s what the table shows: Indicator Status: The table indicates whether the indicator is in a LONG or SHORT state. This helps you quickly understand the market trend. Stop Level: The active stop level is shown, whether it is acting as support (long) or resistance (short). This is important for knowing where to set your protective stops. Mode: The table also displays whether the advanced calculation mode is being used. This keeps you informed about how stop levels are being calculated and why they are positioned where they are. Empowering Messages: The table also includes motivational messages that rotate periodically, such as 'Trade with Clarity, Stop with Precision' and 'Let Winners Run, Cut Losses Short.' These messages are designed to keep you focused, motivated, and disciplined during your trading journey. The table is simple and easy to follow, helping you maintain discipline in your trading plan. By having all the essential information in one place, the table reduces the need to make quick, emotional decisions and promotes more thoughtful analysis. Tips for Using WillStop Pro Effectively Here are some practical ways to make the most of the WillStop Pro indicator: Start with Default Settings: If you’re new to the indicator, start with the default settings. This will give you an idea of how stop levels are determined and how they adjust to different markets. Experiment with Advanced Settings: Once you are comfortable, try using the advanced stop settings to see how they refine the stop levels. This can be useful in certain market conditions to improve accuracy. Use Alerts to Stay Updated: Set up alerts for when a stop level is broken or when new levels are calculated. This helps you take action without constantly watching the chart. Swing traders may find alerts especially helpful for monitoring longer-term moves. Monitor the Status Table: Keep an eye on the status table to understand the current market condition. Whether the indicator is in a LONG or SHORT state can help you make more informed decisions. Focus on Risk Management: WillStop Pro is designed to help you manage risk by dynamically adjusting stop levels. Make sure you are using these levels to protect your trades, especially during strong trends or volatile periods. Acknowledging Larry Williams' Influence WillStop Pro is inspired by the work of Larry Williams, who described the approach as one of his best trading techniques. His method aims to ride major market trends while reducing the risk of giving back gains during corrections. WillStop Pro builds upon this approach, adding features like advanced stop settings and visual alerts that make it easier to apply in modern markets. By using WillStop Pro, you are essentially leveraging a well-established trading strategy with additional tools that help improve its effectiveness. The indicator is designed to provide a reliable way to manage trades, stay on top of market conditions, and reduce emotional decision-making. Conclusion: Why WillStop Pro is Great for Beginners and Advanced Users The WillStop Pro is a powerful yet easy-to-use tool that helps traders ride trends while managing risk during market corrections. It can be used both for entering and exiting trades, and its visual features make it accessible for those who are new to trading, while the underlying logic appeals to advanced users seeking greater control and understanding. WillStop Pro is more than just a tool for setting stops. It is a comprehensive solution for managing trades, with features like dynamic stop levels, customizable alerts, and an easy-to-understand status table. This combination of simplicity and advanced features makes it suitable for beginners as well as more experienced traders. We hope this guide helps you get started with WillStop Pro and improves your trading confidence. Remember to start with the basics, explore the advanced features, and set alerts to stay informed without getting overwhelmed. Whether you’re just beginning or want to simplify your strategy, WillStop Pro is a valuable tool to have in your trading arsenal. Trading can be challenging, but the right tools make it more manageable. WillStop Pro helps you keep track of market movements, identify opportunities, and manage risk effectively. Give it a try and see how it can improve your trading decisions and help you navigate the markets more efficiently. By incorporating WillStop Pro into your strategy, you are following a systematic approach that has been refined over time. It’s designed to help you make sense of the markets, plan your trades, and manage your risks with greater clarity and confidence. Note: Always practice proper risk management and thoroughly test the indicator to ensure it aligns with your trading strategy. Past performance is not indicative of future results. Trade smarter with TradeVizion—unlock your trading potential today!
Indicador Pine Script®
por TradeVizion
8
Reversal Points [CC]This original script was created based on a suggestion from @kerpiciwuasile. My original Reversal Points script was removed because I modeled it after an indicator by Demark, but this script will have no such issues. Reversal points are an exciting concept for me because it is such a useful tool when placing trades. This is my first attempt at a new overall layout for my script and I included a bunch of customization so let me know what you think. My script works by finding lows that are surrounded by bars that have higher lows and highs that are surrounded by lower highs. I use this logic to find short term lows or highs and I use the same concept to find mid-term lows or highs but a mid-term high is a short term high surrounded by lower short term highs and a mid-term low is a short term low surrounded by higher short term lows. And of course this means that long term highs or lows use the same logic to find highs or lows that are surrounded by mid-term highs or lows. I would recommend to buy at the long term low points or sell at the long term high points. Keep in mind of course that short term highs and lows are very common and reversal points will get rarer as you look for longer term reversal points. I would recommend to experiment and see which reversal points work best for you and of course, know that there is no magical formula to use for all stocks. Also there are a few scenarios where you want to enable or disable the inside bar setting. You would want to ignore inside bars if the market is currently very volatile or if you are using this indicator on a crypto chart. This is not an exact science but more of a recommendation, so feel free to experiment with it. Reversal points are crucial for traders as they signal a potential change in the market trend, providing opportunities for entry or exit. In summary, this code snippet is a powerful tool for traders to detect and visualize reversal points on a trading chart, providing valuable insights into potential trend changes and facilitating more informed trading decisions. Let me know if you would like me to publish other scripts or if you want me to do something custom for you!
Indicador Pine Script®
por cheatcountry
25
Confined Range Candle FinderThis indicator finds candlesticks which are confined within the range of a previous candlestick. This indicates volatility contraction which often leads to volatility expansion, i.e. large price movements. While every confined range will contain at least 1 inside bar, this indicator differs from the Inside Bar Finder which only finds consecutive inside bars. This indicator includes options such as: - The minimum number of candlesticks confined within the range of a previous candlestick to trigger the indicator - Labels to indicate the number of confined candles - Signal lines to indicate the high and low of the containing candlestick Try out this indicator with different options on different timeframes to see if confined ranges increase the probability of identifying the direction of price movements. Breaks or closes outside signal lines can be used to trigger trade signals.
Indicador Pine Script®
por SkyHighTA
9
PopGun Trading, PG Pattern DetectorPopGun Bar Pattern Strategy PG Trading The indicator does the following: It detects the Outside Bar, the smaller inside Bar and the 3rd Pop Gun that is bigger, than the inside Bar. When the Pop Gun was detected, the indicator will calculate 3 targets for long and short trades. In our understanding, a Pop Gun is neutral. The next candles after the Pop Gun will decide if the PG breakout is bullish or bearish. So if one of the next candles after the PG is breaking the high or low of the PG Candle, this is a breakout confirmation and can traded long or short. We are using the PG Indicator for Stock, Futures and Index Trading. The Script uses 3 targets per default, but you can extend the target dots up to 6. If you want to see the targets in plain text, you can activate the PG Box. The targets are calculated really easy: Just the height of the candle multiplied with 1, 2 and 3 (4,5 and 6 additionally). In some communities there is an ATR calculation for more extended targets but it seems, that the ATR Calculation will sometimes lead to unreachable targets if the ATR is really high intraday... We trade PopGuns starting at M15 chart. I think PGs smaler than M15 are not worth a trade... Maybe i will add the ATR Function in the future just to compare the 2 ways to calculate PG targets. We are really doing well with 1,2,3 targets based on the PG Candle size. (Low to High). Please leave a comment if you have some feature requests or input to make this the best Pop Gun Indicator in Trading View ;-)
Indicador Pine Script®
por Roul_Charts
DFXT Smart Money ToolsAdded some additional features that may be useful for those trading smart money concepts. ~ Higher time frame candle Open, High, Low and close marker: for reference of where you are in price. ~ Asian Session High and Low marker: Can be used to clearly see runs on the Asian range. ~ Engulfing Candle detector: Marks engulfing candles in a colour of your choice. ~ Impulsive Candle detector: Marks Impulsive candles in a colour of your choice. ~ Quarter's Theory: Marks Quarter levels on the chart. ~ Doji Candle: Marks Doji candles in a colour of your choice. ~ Inside Bar detector: Marks Inside bars in a colour of your choice. ~ Imbalance detector: Marks Bullish and bearish imbalance in a colour of your choice. ~ Zig-Zag structure: Classic ZZ indicator that can be used to simplify the structure. ~ Liquidity Wicks: Wicks that take Liquidity then close back inside the range. ~ Session Marker: Markers the various trading sessions in a background colour of your choice.
Indicador Pine Script®
por DEANOFXT
15
CSPDMost Advanced & Accurate CandleStick Pattern Detector Looking All Over of All Markets for All Important Powerful Reversal | Corrective Patterns (25 type) Filtering the Results with Optional Features like Oscillator, Bollinger Bands, Volume Confirmation, Prior and Following Candles Confirmation which are Fully Customizable. With this you can detect: Hammer | Shooting star Inverted Hammer | Hanging Long legged Doji | Dragonfly Doji | Gravestone Doji Bullish tweezers | Bearish tweezers Bullish inside bar | Bearish inside bar Bullish three line strike | Bearish three line strike Bullish engulfing | Bearish engulfing Piercing line | Dark cloud cover Bullish abandoned baby | Bearish abandoned baby Morning star | Evening star Three white soldiers | Three black crows *Bullish kayo | *Bearish kayo Features: Prior and Following candles Confirmation    You can set prior and following candle as basic prerequisites for marking candles as pattern to make sure you are at the top or bottom of the trend. Volume confirmation    You can active volume increasing confirmation for some of pattern with adjustable increase % relative to prior candle | candles. Oscillator Confirmation    Active oscillator confirmation. Select your approved oscillator from list (Stochastic, RSI, StochRSI, MFI, StochMFI) then enter desired value for marking candles as bullish | bearish pattern. Bollinger Bands Confirmation    Active BB confirmation. Configure your Bollinger Bands. Now only see the patterns which reached or crossed from Bands. Also you can enable BB clod to have your BB indicator at the same time. Adjustable Flexibility and Precision    You can set tolerance% for Osc and BB Confirmation - each one separately - for more control. Self-adaptability    The properties of markets change over time, for example the amplitude of fluctuations and the intensity of movements. The script is designed in such a way that you can examine the price history as a benchmark for changes in market properties to adopt determinants. Also you can control those manually. Self-regulatory    The user has the ability to change input factors depending on their point of view. Behind the pattern recognition algorithms, there are relationships and similarities in their appearance that cause them to be influenced by each other. Simultaneously with changing the determining factors of each pattern by you, script automatically adjusts other details in accordance with your changes. Alerts    You can set for type of pattern or each one of pattern have been detected. Fully Costumizable    All of these options can be change and adjust. Note 1.    The patterns are based on extensive study of reference and famous sources and the experience of me and my friends in trading and analysis with price action methods. Note 2.    Due to the Pine limitations in the number of outputs | plots for each script, our attempt has been made to select the best and most important patterns. Note 3.    So far, many scripts have been written in this field, but our experience with all of them and even the build in version was not satisfactory, and this was the initial motivation for making the script. We strive to improve progress and elimination of shortcomings and we will continue to make this better. Note 4.    Through personal experience and based on the principles of market and candlestick psychology, we discovered a new type of pattern and named it as Kayo. kayo is a two candle pattern which formed when:     1.We have a pivot point with prior candles as left bars and following candles as right bar. Pivot candle called as second candle.     2.In a bullish kayo, first candle must closed descending and second candle must closed as ascending. For bearish kayo vise versa.     3.In a bullish kayo, second candle's lower wick must be longer then upper wick.     4. A pattern marked as kayo when its conditions do not correspond to any of the other patterns(include the confirmation that user added), ie it has the last naming priority over the other patterns. Note 5.    When you active confirmation options for patterns like hammer, engulf and etc which they conditions are like kayo in some extent, if they can't pass the confirmation steps, they can be marked as kayo pattern. Note 6.    If you active volume confirmation for Three white soldiers | Three black crows, the confirmation get passed if the volume of forth or third candle increased as value as entered relative to volume EMA3 of 3 candles. Note 7.    In a bullish pattern all highs of following candles MUST be higher than prior highs and all lows of following candles MUST be higher than prior lows. For bearish patterns vise versa. This type of confirmation depends on High and Low NOT close! Gift to price action lovers! Support us with your like and comments. let us know your experience, points and idea to make this better together.
Indicador Pine Script®
por Algorca
38
Kilted Nessie v1.0KILTED NESSIE v1.0 Description: Uses the “Kilted Strength Meter” for confirmation to take a trade as this system is designed for a ranging market (as shown). This is a simple mechanical system that was tested on 30min charts with a very good win rate which is what we want from a mean reversion based system and it is designed for a 1:1 risk to reward ratio. The key differentiator on this indicator which we see as a first on the Trading View Platform is a way of scoring your trade, so that you take a disciplined entry and able to journal that as evidence: SETTINGS AND EXPLANATION General Settings - Show PinBars – This will highlight pinbars - Show InsideBars – This will highlight inside bars - Show Swing Highs – This will show high pivot points - Show Swing Low – This will show low pivot points 1. If you are using the Kilted Strength Meter and you like using Bollinger bands then there is no reason why you can’t take trend based trades also when you see evidence of a trend starting, which is why we have added options to show Pin Bars, Inside Bars and swing highs and swing lows if you are a swing based trader. Yes this gives you a single indicator that provides you with trading opportunities when the market is going sideways and when the market is trending which is what we love about the Kilted Nessie. If you are just using the indicator to trade a sideways market then we recommend that you “untick” these options to keep things nice and simple instead. ACCESS : If you need access to any of our indicators please use the link below to obtain access to this indicator or send us a private message on trading view.
Indicador Pine Script®
por kiltedtrading