Ultimate VWAP Bands- Ultimate VWAP Bands is a script that helps to decide and further clarify areas of oversold and overbought conditions.
- For example, when the price is in the lowest band it is extremely oversold relative to the VWAP . Hence it should be considered a good place to buy with a high risk to reward payoff.
- Each band is set at a fixed offset away from the VWAP . The "VWAP Band Multiplier" adjusts this and is a key part of the script. This allows the indicator to be adjusted based on the assets volatility . For example, with Crypto. A multiplier of 1 would be strongly advised. Whilst a multiplier of 0.1-0.25 would be useful for currency pairs.
- This indicator can be used for all manners of trading. However, it is most effective when used for scalping and swing trading.
Pesquisar nos scripts por "swing trading"
[blackcat] L2 Swing Oscillator Swing MeterLevel: 2
Background
Swing trading is a type of trading aimed at making short to medium term profits from a trading pair over a period of a few days to several weeks. Swing traders mainly use technical analysis to look for trading opportunities. In addition to analyzing price trends and patterns, these traders can also use fundamental analysis.
Function
L2 Swing Oscillator Swing Meter is an oscillator based on breakouts. Another important feature of it is the swing meter, which confirms the top or bottom's confidence level with different color candles. The higher of the candles stack up, the higher confidence level is indicated.
Key Signal
absolutebot ---> absolute bottom with very high confidence level
ltbot ---> long term bottom with high confidence level
mtbot ---> middle term bottom with moderate confidence level
stbot ---> short term bottom with low confidence level
absolutetop ---> absolute top with very high confidence level
lttop ---> long term top with high confidence level
mttop ---> middle term top with moderate confidence level
sttop ---> short term top with low confidence level
fastline ---> oscillator fast line
slowline ---> oscillator slow line
Pros and Cons
Pros:
1. reconfigurable swing oscillator based on breakouts
2. swing meter can confirm/validate the bottom and top signal
Cons:
1. not appliable with trading pairs without volume information
2. small time frame may not trigger swing meter function
Remarks
This is a simple but very comprehensive technical indicator
Readme
In real life, I am a prolific inventor. I have successfully applied for more than 60 international and regional patents in the past 12 years. But in the past two years or so, I have tried to transfer my creativity to the development of trading strategies. Tradingview is the ideal platform for me. I am selecting and contributing some of the hundreds of scripts to publish in Tradingview community. Welcome everyone to interact with me to discuss these interesting pine scripts.
The scripts posted are categorized into 5 levels according to my efforts or manhours put into these works.
Level 1 : interesting script snippets or distinctive improvement from classic indicators or strategy. Level 1 scripts can usually appear in more complex indicators as a function module or element.
Level 2 : composite indicator/strategy. By selecting or combining several independent or dependent functions or sub indicators in proper way, the composite script exhibits a resonance phenomenon which can filter out noise or fake trading signal to enhance trading confidence level.
Level 3 : comprehensive indicator/strategy. They are simple trading systems based on my strategies. They are commonly containing several or all of entry signal, close signal, stop loss, take profit, re-entry, risk management, and position sizing techniques. Even some interesting fundamental and mass psychological aspects are incorporated.
Level 4 : script snippets or functions that do not disclose source code. Interesting element that can reveal market laws and work as raw material for indicators and strategies. If you find Level 1~2 scripts are helpful, Level 4 is a private version that took me far more efforts to develop.
Level 5 : indicator/strategy that do not disclose source code. private version of Level 3 script with my accumulated script processing skills or a large number of custom functions. I had a private function library built in past two years. Level 5 scripts use many of them to achieve private trading strategy.
L1 Mid-Term Swing Oscillator v1Level: 1
Background
Oscillators are widely used set of technical analysis indicators. They are popular primarily for their ability to alert of a possible trend change before that change manifests itself in price and volume . They should work best in times of sideways markets.
Function
L1 Short-Mid-Long-Term Swing Oscillator puts three terms of oscillators to cover short-term, middle-term and long-term oscillators at the same time. By resonating all these three oscillators, short-term scalping signal and middle term swing signal are disclosed. You can see both short and mid term signal under one indicator which give you more confidence to follow the trend.
Key Signal
I didn't handle the key signals well. I piled up all the useful signals I found, and it is really difficult to classify them one by one. I feel tired when I think about this problem. Therefore, the code of the overall signal is rather confusing, sorry.
Pros and Cons
Pros:
1. Three oscillators are used to cover short, mid, long term oscillations.
2. Short-Mid term resonance can be observed to have higher confidence level.
3. Use single indicator for scalping and swing trading is possible.
Cons:
1. No deep dive into very accurate long and short entries.
2. A trade off between sensitivity and stability may be needed by traders' subjective judge.
Remarks
I enjoyed the fun of put three different oscillator together to cover short, mid, long terms. But how to use them perfectly is really more brainstorming.
Readme
In real life, I am a prolific inventor. I have successfully applied for more than 60 international and regional patents in the past 12 years. But in the past two years or so, I have tried to transfer my creativity to the development of trading strategies. Tradingview is the ideal platform for me. I am selecting and contributing some of the hundreds of scripts to publish in Tradingview community. Welcome everyone to interact with me to discuss these interesting pine scripts.
The scripts posted are categorized into 5 levels according to my efforts or manhours put into these works.
Level 1 : interesting script snippets or distinctive improvement from classic indicators or strategy. Level 1 scripts can usually appear in more complex indicators as a function module or element.
Level 2 : composite indicator/strategy. By selecting or combining several independent or dependent functions or sub indicators in proper way, the composite script exhibits a resonance phenomenon which can filter out noise or fake trading signal to enhance trading confidence level.
Level 3 : comprehensive indicator/strategy. They are simple trading systems based on my strategies. They are commonly containing several or all of entry signal, close signal, stop loss, take profit, re-entry, risk management, and position sizing techniques. Even some interesting fundamental and mass psychological aspects are incorporated.
Level 4 : script snippets or functions that do not disclose source code. Interesting element that can reveal market laws and work as raw material for indicators and strategies. If you find Level 1~2 scripts are helpful, Level 4 is a private version that took me far more efforts to develop.
Level 5 : indicator/strategy that do not disclose source code. private version of Level 3 script with my accumulated script processing skills or a large number of custom functions. I had a private function library built in past two years. Level 5 scripts use many of them to achieve private trading strategy.
Complete Trend Trading System [Fhenry0331]This system was designed for the beginner trader to make money swing trading. Your losses will be small and your gains will be mostly large. You will show consistent profit. Period.
The system works on any security you like to trade. I used GBPUSD as an example because of the up swing and down swing it had recently. I tried to put as much information of how the system works in the chart. Hope it helps and is not to cluttered.
I will reiterate how the system works here: Everything is based off of closed price.
Legend
Uptrend: Buy
Green bar: initial start of an uptrend or uptrend continuing. Place order above that bar. If the initial bar does not stray too far from the MVWAP , I will place orders above subsequent bars if no filled occurred.
If initial start of the trend is missed, I will wait for the pullback. A pullback is a close below the MVWAP, and a close above the EMA (Low), RSI is above 50. Orders are placed above the pullback bars with plotted char "B" and also plotted green triangle up. Again orders are placed above those bars. the bars do not notate automatic buys. Don't chase anything. You will miss the initial bar on something because of news or earnings and it rocket up. Just wait, it will pullback. If it doesn't, to hell with it, on to the next.
Take profits: In the indicator you will see "T." That notates to take some profits. It is a suggestion. I was always told to take profits into spikes, as well as you can never lose money if you take profits. Up to you if you want to scale out and take the suggested profits or not.
Exit Completely: In an uptrend, close your entire position on bars colored yellow or red. (Again, closed bars)
In uptrend bars colored orange and black, do nothing, they are just pullback bars. Look for the buy pullback signal, then follow pullback buy rules for an uptrend.
Downtrend: Short
Red bar: initial start of a downtrend or downtrend continuing. Place order below the bar. If the initial bar does not stray too far fro the MVWAP, place orders below subsequent bars.
If initial start on the downtrend is missed, wait for the pullback. A pullback is a close above the MVWAP, and close below the EMA(Low). RSI is below 50. Orders are placed below the pullback bars with the plotted char "S" and also plotted red triangle. Again those bars are not automatic shorts, orders are placed below them. Don't chase anything. Wait for price to come into your plan. The idea FOMO is the stupidest thing ever, how can you miss out on something when it is always there. The market is always there and something will come into your zone. Chill.
"T": same as in uptrend, suggestion to take some profits.
Exit Completely: In a downtrend, close your entire position on bars colored orange or green.
In downtrend you will see bars colored yellow and black, do nothing, they are pullback bars. Look for the pullback short signal and follow pullback short rules.
If you have any questions get at me. Take a look at it on what you trade. Flip it through different securities.
Best of luck in all you do.
P.S. You should not take a trade right before earnings. You should also exit a trade right before earnings.
Binque's Multi-Moving Average Binque's Multi-Moving Average - One indicator with four simple moving average and four exponential moving averages, plus as a bonus a Day High moving average and a Day Low Moving Average.
Simple Moving Average or MA(14), MA(50), MA(100) and MA(200) all in one indicator
Exponential Moving Average or EMA(8), EMA(14), EMA(20) and EMA(33) all in one indicator
Day High Moving Average - Tracks the Daily High versus most moving averages track the daily close.
Day Low Moving Average - Tracks the Daily Low versus most moving average track the daily close.
To Disable moving averages, Set the color to the chart background and then set the length to 1 and uncheck.
I Use the Daily High Moving Average to track upward resistance in a stock movement for Swing Trading.
I Use the Daily Low Moving Average to track my trailing stop in a stock movement for Swing Trading.
Big Snapper Alerts R2.0 by JustUncleLThis is a diversified Binary Option or Scalping Alert indicator originally designed for lower Time Frame Trend or Swing trading. Although you will find it a useful tool for higher time frames as well.
The Alerts are generated by the changing direction of the ColouredMA (HullMA by default), you then have the choice of selecting the Directional filtering on these signals or a Bollinger swing reversal filter.
The filters include:
Type 1 - The three MAs (EMAs 21,55,89 by default) in various combinations or by themselves. When only one directional MA selected then direction filter is given by ColouredMA above(up)/below(down) selected MA. If more than one MA selected the direction is given by MAs being in correct order for trend direction.
Type 2 - The SuperTrend direction is used to filter ColouredMA signals.
Type 3 - Bollinger Band Outside In is used to filter ColouredMA for swing reversals.
Type 4 - No directional filtering, all signals from the ColouredMA are shown.
Notes:
Each Type can be combined with another type to form more complex filtration.
Alerts can also be disabled completely if you just want one indicator with one colouredMA and/or 3xMAs and/or Bollinger Bands and/or SuperTrend painted on the chart.
Warning:
Be aware that combining Bollinger OutsideIn swing filter and a directional filter can be counter productive as they are opposites. So careful consideration is needed when combining Bollinger OutsideIn with any of the directional filters.
Hints:
For Binary Options try ColouredMA = HullMA(13) or HullMA(8) with Type 2 or 3 Filter.
When using Trend filters SuperTrend and/or 3xMA Trend, you will find if price reverses and breaks back through the Big Fat Signal line, then this can be a good reversal trade.
Some explanation about the what Hull Moving average and ideas of how the generated in Big Snapper can be used:
tradingsim.com
forextradingstrategies4u.com
Inspiration from @vdubus
Big Snapper's Bollinger OutsideIn Swing filter in Action:
Colored Volume Bars [LazyBear]Edgar Kraut proposed this simple colored volume bars strategy for swing trading.
This is how the colors are determined:
- If today’s closing price and volume are greater than 'n' days ago, color today’s volume bar green.
- If today’s closing price is greater than 'n' days ago but volume is not, color today’s volume bar blue.
- Similarly, if today’s closing price and volume is less than 'n' days ago, color today’s volume bar orange.
- If today’s closing price is less than 'n' days ago but volume is not, color today’s volume bar red.
Buy the green or blue volume bars, use a 1% trailing stop, and stand aside on red or orange bars.
As you see, this is more for entry confirmation. I have not tested this on any instrument.
You may have to tune the lookback period for your instrument. Default is 10.
More info:
"A color-based system for short-term trading" - www.traders.com
List of all my indicators:
ODTE Trades Layman Signals This indicator is designed to simplify intraday options trading (0DTE / weeklies) by converting complex price-action logic into clear, easy-to-understand signals.
Instead of overwhelming traders with indicators, it performs all analysis in the background and displays only what matters:
BUY CALL / BUY PUT
Predefined Stop Loss (SL)
Two Take-Profit levels (TP1 & TP2)
Trade status and risk levels via a live status box
The goal is to help traders execute consistently without emotional decision-making.
✅ What This Indicator Does
✔ Identifies directional bias using Opening Range Breakout (ORB)
✔ Confirms structure using higher highs / lower lows
✔ Filters false breakouts using liquidity sweeps & retests
✔ Automatically plots:
Entry
Stop Loss (ATR-buffered)
TP1 (partial profit)
TP2 (runner target)
✔ Manages trades with:
Breakeven stop after TP1
Cooldown after stop loss
One trade at a time protection
✔ Displays everything clearly in a Status Box:
WAIT
BUY CALL
BUY PUT
IN TRADE
COOLDOWN
🎯 How to Use (Simple Rules)
Timeframe
Best used on 1-minute or 2-minute charts
Designed for intraday trading only
When “BUY CALL” Appears
Buy ATM or slightly ITM call option
Stop loss = Red SL line
TP1 = Take partial profits
TP2 = Let runner reach target
When “BUY PUT” Appears
Buy ATM or slightly ITM put option
Same SL / TP rules apply
When Status = WAIT or COOLDOWN
Do nothing
Avoid overtrading
⚙️ Key Features Explained
🟢 TP1 / TP2 Logic
TP1 = partial profit (risk reduction)
TP2 = trend continuation
After TP1, stop automatically moves to breakeven (optional)
🔴 Stop Loss
Based on market structure
Buffered with ATR to reduce stop-hunts
⏳ Cooldown
Prevents revenge trades after a stop loss
Helps maintain discipline
⚠️ Important Disclaimer (Required for Publishing)
This indicator does not guarantee profits.
It is not financial advice
It does not place trades automatically
All signals should be used with proper risk management
Options trading involves significant risk and may not be suitable for all traders
Always test on paper trading or small size before using real capital.
👤 Who This Is For
✔ Traders who want clear signals
✔ Options traders (0DTE / weeklies)
✔ Traders who prefer rule-based execution
✔ Users who want less clutter and more discipline
❌ Not intended for swing trading
❌ Not intended for automation or signal copying services
🧠 Philosophy Behind This Tool
The indicator follows a “less is more” approach:
Good trading is not about predicting — it’s about managing risk consistently.
This tool focuses on:
Structure
Risk control
Discipline
Execution clarity
📝 Recommended Settings (Default)
Timeframe: 2m
ATR Buffer: 0.30
TP1: 1R
TP2: 2R
Cooldown: 6 bars
Defaults are optimized for intraday use and can be adjusted per instrument.
This script will continue to be refined based on:
Market behavior
User feedback
Performance reviews
Script is overlay=true
No repainting claims
No performance guarantees
Clear disclaimer included (above)
EMA/SMA Full color signal candles💡 What It Does:
The indicator calculates and plots the 21-period Exponential Moving Average (EMA) and the 30-period Simple Moving Average (SMA). It then analyzes the closing price of each candle and colors the entire candlestick (body and border) according to pre-defined trend conditions.
This visualization allows traders to identify strong trend environments versus periods of consolidation or indecision at a glance, removing the need to constantly check the price relationship manually.
🎨 Color Conditions and Meaning:
The indicator uses three distinct color states to signal the market's current momentum:
Color,Condition,Market Interpretation
🟢 GREEN,Closing Price is ABOVE both the 21 EMA AND the 30 SMA.,Strong Bullish Trend: Suggests high momentum and confirmation of an uptrend. Ideal for long bias.
🔴 RED,Closing Price is BELOW both the 21 EMA AND the 30 SMA.,Strong Bearish Trend: Suggests high downward pressure and confirmation of a downtrend. Ideal for short bias.
⚫ GRAY,"Closing Price is in any other state (e.g., between the two MAs, or under one and over the other).","Neutral / Consolidation: Indicates uncertainty, low momentum, or potential trend exhaustion/reversal. Caution is advised."
🔧 Customization Options:The indicator is fully customizable, allowing users to fine-tune the periods to match their preferred trading style (e.g., scalping, swing trading).Dĺžka EMA (Length EMA): Allows you to change the period for the Exponential Moving Average (default is 21).Dĺžka SMA (Length SMA): Allows you to change the period for the Simple Moving Average (default is 30).
I added also Extra 4 EMA lines to have extra edge.
Andres System - SuperTrend DMI EMAAdvanced Multi-Filter Trading System combining SuperTrend, DMI (Directional Movement Index), and EMA crossovers for high-probability trade entries.
**Key Features:**
- Real-time DMI table showing trend strength (Sideways/Mild/Normal/Strong/Very Strong)
- Filter status dashboard - see exactly which conditions are met
- Smart entry logic: signals trigger during entire EMA alignment period, not just at exact crossover
- Clear BUY/SELL signals with exit markers
- One signal per trade - prevents duplicate entries
**Entry Requirements:**
LONG: EMA 7 > 21 + SuperTrend bullish + DI+ > 20
SHORT: EMA 7 < 21 + SuperTrend bearish + DI- > 20
**Exit Conditions:**
Position closes when EMA crosses back or SuperTrend changes direction
**Additional Tools:**
- Previous Day High/Low levels
- Daily VWAP
- Color-coded EMAs (7, 21, 50)
- Customizable thresholds for all filters
**Best Timeframes:** 4H for swing trading, 1D for position trading
All visual elements can be toggled on/off. Alerts available for all signals.
Volume-Gated Trend Ribbon [QuantAlgo]🟢 Overview
The Volume-Gated Trend Ribbon employs a selective price-updating mechanism that filters market noise through volume validation, creating a trend-following system that responds exclusively to significant price movements. The indicator gates price updates to moving average calculations based on volume threshold crossovers, ensuring that only bars with significant participation influence the trend direction. By interpolating between fast and slow moving averages to create a multi-layered visual ribbon, the indicator provides traders and investors with an adaptive trend identification framework that distinguishes between volume-backed directional shifts and low-conviction price fluctuations across multiple timeframes and asset classes.
🟢 How It Works
The indicator first establishes a dynamic baseline by calculating the simple moving average of volume over a configurable lookback period, then applies a user-defined multiplier to determine the significance threshold:
avgVol = ta.sma(volume, volPeriod)
highVol = volume >= avgVol * volMult
The gated price mechanism employs conditional updating where the close price is only captured and stored when volume exceeds the threshold. During low-volume periods, the indicator maintains the last qualified price level rather than tracking every minor fluctuation:
var float gatedClose = close
if highVol
gatedClose := close
Dual moving averages are calculated using the gated price input, with the indicator supporting various MA types. The fast and slow periods create the outer boundaries of the trend ribbon:
fastMA = volMA(gatedClose, close, fastPeriod)
slowMA = volMA(gatedClose, close, slowPeriod)
Ribbon interpolation creates intermediate layers by blending the fast and slow moving averages using weighted combinations, establishing a gradient effect that visually represents trend strength and momentum distribution:
midFastMA = fastMA * 0.67 + slowMA * 0.33
midSlowMA = fastMA * 0.33 + slowMA * 0.67
Trend state determination compares the fast MA against the slow MA, establishing bullish regimes when the faster average trades above the slower average and bearish regimes during the inverse relationship. Signal generation triggers on state transitions, producing alerts when the directional bias shifts:
bullish = fastMA > slowMA
longSignal = trendState == 1 and trendState != 1
shortSignal = trendState == -1 and trendState != -1
The visualization architecture constructs a three-tiered opacity gradient where the ribbon's core (between mid-slow and slow MAs) displays the highest opacity, the inner layer (between mid-fast and mid-slow) shows medium opacity, and the outer layer (between fast and mid-fast) presents the lightest fill, creating depth perception that emphasizes the trend center while acknowledging edge uncertainty.
🟢 How to Use This Indicator
▶ Long and Short Signals: The indicator generates long/buy signals when the trend state transitions to bullish (fast MA crosses above slow MA) and short/sell signals when transitioning to bearish (fast MA crosses below slow MA). Because these crossovers only reflect volume-validated price movements, they represent significant level of participation rather than random noise, providing higher-conviction entry signals that filter out false breakouts occurring on thin volume.
▶ Ribbon Width Dynamics: The spacing between the fast and slow moving averages creates the ribbon width, which serves as a visual proxy for trend strength and volatility. Expanding ribbons indicate accelerating directional movement with increasing separation between short-term and long-term momentum, suggesting robust trend development. Conversely, contracting ribbons signal momentum deceleration, potential trend exhaustion, or impending consolidation as the fast MA converges toward the slow MA.
▶ Preconfigured Presets: Three optimized parameter sets accommodate different trading styles and market conditions. Default provides balanced trend identification suitable for swing trading on daily timeframes with moderate volume filtering and responsiveness. Fast Response delivers aggressive signal generation optimized for intraday scalping on 1-15 minute charts, using lower volume thresholds and shorter moving average periods to capture rapid momentum shifts. Smooth Trend offers conservative trend confirmation ideal for position trading on 4-hour to weekly charts, employing stricter volume requirements and extended periods to filter noise and identify only the most robust directional moves.
▶ Built-in Alerts: Three alert conditions enable automated monitoring: Bullish Trend Signal triggers when the fast MA crosses above the slow MA confirming uptrend initiation, Bearish Trend Signal activates when the fast MA crosses below the slow MA confirming downtrend initiation, and Trend Change alerts on any directional transition regardless of direction. These notifications allow you to respond to volume-validated regime shifts without continuous chart monitoring.
▶ Color Customization: Six visual themes (Classic, Aqua, Cosmic, Ember, Neon, plus Custom) accommodate different chart backgrounds and display preferences, ensuring optimal contrast and visual clarity across trading environments. The adjustable fill opacity control (0-100%) allows fine-tuning of ribbon prominence, with lower opacity values create subtle background context while higher values produce bold trend emphasis. Optional bar coloring extends the trend indication directly to the price bars, providing immediate directional reference without requiring visual cross-reference to the ribbon itself.
ICT Candle Reading PROICT Candle Reading – Visual Clean
This indicator is designed to provide a clean and precise price reading, based on ICT and Smart Money Concepts, without cluttering the chart.
Its purpose is to help traders identify real institutional zones, understand market intention, and improve entry timing, using pure price action.
🔹 What does this indicator show?
🟢 Fair Value Gaps (FVG / Imbalances)
Detects market inefficiencies created by impulsive moves.
Displayed as clean and minimal boxes extended into the future.
Useful as mitigation, reaction, or continuation zones.
🟠 Liquidity Sweeps
Highlights liquidity grabs above recent highs or below recent lows.
Drawn using dashed horizontal lines.
Helps identify market manipulation before the true move.
🔵 Displacement Candles
Identifies candles with dominant bodies, showing institutional momentum.
Marked with small symbols to keep the chart clean.
Useful to confirm impulse starts or shifts in market intent.
🎯 Indicator Philosophy
❌ No lagging indicators
❌ No chart clutter
✅ Real ICT concepts
✅ Clean candle reading
✅ Suitable for scalping, intraday, and swing trading
⚙️ Customization
Each concept can be enabled or disabled individually.
Zone extension length is adjustable.
Optimized for 15M, 1H, and 4H timeframes.
📈 How to use
This indicator does not provide automatic buy/sell signals.
It is best used with:
Higher timeframe bias
Market structure
Session timing (London / New York)
Proper risk management
🧠 Final Notes
ICT Candle Reading – Visual Clean helps you see the market from an institutional perspective, focusing only on what truly matters: price, liquidity, and intent.
Ultimate Reversion BandsURB – The Smart Reversion Tool
URB Final filters out false breakouts using a real retest mechanism that most indicators miss. Instead of chasing wicks that fail immediately, it waits for price to confirm rejection by retesting the inner band—proving sellers/buyers are truly exhausted.
Eliminates fakeouts – The retest filter catches only genuine reversions
Triple confirmation – Wick + retest + optional volume/RSI filters
Clear visuals – Outer bands show extremes, inner bands show retest zones
Works on any timeframe – From scalping to swing trading
Perfect for traders tired of getting stopped out by false breakouts.
Core Construction:
Smart Dynamic Bands:
Basis = Weighted hybrid EMA of HLC3, SMA, and WMA
Outer Bands = Basis ± (ATR × Multiplier)
Inner Bands = Basis ± (ATR × Multiplier × 0.5) → The "retest zone"
The Unique Filter: The Real Retest
Step 1: Identify an extreme wick touching the outer band
Step 2: Wait 1-3 bars for price to return and touch the inner band
Why it works: Most false breakouts never retest. A genuine reversal shows seller/buyer exhaustion by allowing price to come back to the "halfway" level.
Optional Confirmations:
Volume surge filter (default ON)
RSI extremes filter (optional)
Each can be toggled ON/OFF
How to Use:
Watch for extreme wicks touching the red/lime outer bands
Wait for the retest – price must return to touch the inner band (dotted line) within 3 bars
Enter on confirmation with built-in volume/RSI filters
Set stops beyond the extreme wick
MACD-V Multi-Timeframe Confluence DashboardThis indicator identifies high-probability trade entries by analyzing momentum alignment across multiple timeframes using the MACD-V (Volatility Normalized MACD) formula. It features a fully customizable signal engine that allows traders to specify exactly which timeframes must agree before a trade signal is generated.
Optimized Defaults
By default, the indicator is tuned to the 5-minute, 15-minute, and 1-hour timeframes. We have found this specific combination performs best for identifying robust trends while filtering out noise. However, the strategy is fully flexible—users can easily adjust these settings to fit scalping (1m/5m) or swing trading (4H/Daily) styles.
Indicator Features
Dynamic Confluence: A Buy or Sell signal (displayed as a large + on the chart) is generated only when all selected timeframes are in agreement. This ensures you are trading with the dominant trend across multiple time scales.
Alternating Signal Filter: To prevent repetitive alerts during strong trends, the script uses a smart filter: a new Buy signal will only trigger if the last confirmed signal was a Sell (and vice versa).
Live Dashboard: An on-screen table displays the real-time status of every timeframe (Trend, Curl, and MACD Value). Timeframes currently active in your strategy are highlighted in yellow.
Local Entry Arrows (Optional): The script includes smaller red/green arrows that indicate simple MACD line crosses on the current chart's timeframe. These can be useful for precise timing but can be noisy in choppy markets. These are turned off by default to keep the chart clean, but can be enabled in the "Visuals" settings if you require granular entry signals.
How to Use
Check the Dashboard: Look for the yellow-highlighted rows in the table to see which timeframes are currently driving your signals.
Wait for the Cross (+): A green + indicates bullish momentum is aligned across all your chosen timeframes.
Refine (Optional): Turn on "Show Local Arrows" if you want to see the specific moment the MACD crosses on your current timeframe to fine-tune your entry.
MenthorQ Levels ConversionLevels Conversion helps traders accurately overlay price levels from spot/index ETFs and indices (like SPX, SPY, QQQ, NDX) onto futures charts (like ES, NQ, etc.).
Because futures and spot/index prices don’t trade at the same price, your levels will be misaligned if you plot them directly. Futures typically trade at a spread or ratio versus their related index/ETF. This indicator solves that by calculating the conversion ratio automatically, so your levels stay aligned on the futures chart.
How it works
This script calculates the ratio between Asset A and Asset B and applies it to convert levels from one instrument to the other (for example, SPX → ES, QQQ → NQ).
Ratio options (3 modes)
You can choose one of three ratio sources:
✅ T1 Ratio (Morning Snapshot)
Select a specific time to “lock” the ratio.
Default: 10:00 AM ET (morning session snapshot)
✅ T2 Ratio (Afternoon Snapshot)
Select a second time to “lock” the ratio.
Default: 3:30 PM ET (afternoon snapshot)
✅ Last Price Ratio (Live)
Uses the last traded price of both assets to compute the ratio.
Note: To refresh the “Last Price” baseline, simply remove and re-add the indicator.
Learn more about Levels Conversions: menthorq.com
Common levels conversions
Some popular use-cases include:
- SPX Gamma Levels → ES
- SPY Gamma Levels → ES
- QQQ Gamma Levels → NQ
- NDX Gamma Levels → NQ
- SPX Intraday Gamma Levels → ES
- QQQ Intraday Gamma Levels → NQ
- SPX Swing Trading Levels → ES
- QQQ Swing Trading Levels → NQ
- GLD Levels → GC
- DIA Levels → YM
- USO Levels → CL
- NVDA / MAG7 Levels → QQQ
Price Action Visualizer (EMA/SMA Color Bars)This custom Pine Script indicator, "EMA(21) vs SMA(30) Color Bars," provides a unique and immediate visual representation of market bias by dynamically painting the candlesticks based on their position relative to two critical moving averages.
💡 What It Does:
The indicator calculates and plots the 21-period Exponential Moving Average (EMA) and the 30-period Simple Moving Average (SMA). It then analyzes the closing price of each candle and colors the entire candlestick (body and border) according to pre-defined trend conditions.
This visualization allows traders to identify strong trend environments versus periods of consolidation or indecision at a glance, removing the need to constantly check the price relationship manually.
🎨 Color Conditions and Meaning:
The indicator uses three distinct color states to signal the market's current momentum:
Color,Condition,Market Interpretation
🟢 GREEN,Closing Price is ABOVE both the 21 EMA AND the 30 SMA.,Strong Bullish Trend: Suggests high momentum and confirmation of an uptrend. Ideal for long bias.
🔴 RED,Closing Price is BELOW both the 21 EMA AND the 30 SMA.,Strong Bearish Trend: Suggests high downward pressure and confirmation of a downtrend. Ideal for short bias.
⚫ GRAY,"Closing Price is in any other state (e.g., between the two MAs, or under one and over the other).","Neutral / Consolidation: Indicates uncertainty, low momentum, or potential trend exhaustion/reversal. Caution is advised."
🔧 Customization Options:The indicator is fully customizable, allowing users to fine-tune the periods to match their preferred trading style (e.g., scalping, swing trading).Dĺžka EMA (Length EMA): Allows you to change the period for the Exponential Moving Average (default is 21).Dĺžka SMA (Length SMA): Allows you to change the period for the Simple Moving Average (default is 30).
Tomb Reversal Signal Engulfing + RSI Momentum DetectorTomb is a fast and minimalistic reversal-detection indicator built to capture high-probability turning points in the market.
It combines engulfing candlestick patterns, a strong candle body filter, and RSI momentum analysis to generate precise BUY and SELL signals with minimal noise.
🔍 How it Works
The indicator triggers:
✅ BUY Signal
Bullish engulfing pattern appears
Candle body strength > 50% of total range (real momentum)
RSI below 50 (bearish momentum weakening)
Price decreasing over the last 5 bars (down-trend exhaustion)
✅ SELL Signal
Bearish engulfing pattern
Candle body shows strength
RSI above 50 (bullish momentum weakening)
Price increasing over the last 5 bars (up-trend exhaustion)
⚡ Why Tomb Works
Filters out weak signals using candle structure
Detects momentum shifts early
Works on all markets: Crypto, Forex, Indices, Stocks
Ideal for scalping, day trading, or swing trading
🎯 Purpose
To highlight the exact moments where the market shows exhaustion and is ready to reverse—before most traders see it.
📌 Recommended Use
For best performance:
Combine with trend tools such as EMA 200 or market structure
Look for signals at support/resistance or liquidity zones
Custom Timeframe SMAsThis indicator plots up to three Simple Moving Averages (SMAs), each calculated from a user-selected timeframe and displayed on the current chart. This allows you to visualize higher- or lower-timeframe SMAs without switching charts.
Features
Three fully customizable SMAs with alerts
Each SMA has its own:
Length
Timeframe
Color
Line thickness
On/Off toggle
Use Cases
View higher timeframe SMAs (e.g., 1-hour 50 SMA on a 5-minute chart)
Combine trend signals across multiple timeframes
Track dynamic support/resistance from different timeframes
Enhance scalping, day trading, or swing trading setups
RSI Pivot Breaks█ OVERVIEW
RSI Pivot Breaks is an RSI-based indicator that detects breakout events on oscillator-based pivot levels (RSI or MA RSI).
The tool automatically plots pivot levels, tracks their breakouts, highlights momentum shifts, and generates alerts for key events (pivot breaks and OB/OS crosses).
The indicator is designed primarily for momentum strategies — pivot breakouts often precede directional price moves, making RSI Pivot Breaks a powerful tool for identifying accelerations and changes in strength.
█ CONCEPTS
The indicator analyzes local RSI extremes and transforms them into dynamic support/resistance levels.
When RSI or MA RSI breaks the last pivot, it signals a shift in momentum balance, often leading to an impulse move.
Key concepts:
- pivot highs/lows detected on RSI or MA RSI,
- pivot lines extend forward until broken,
- pivot filters restrict pivot detection to specific RSI zones,
- OB/OS levels provide contextual momentum thresholds.
█ FEATURES
Pivot Detection & Breakouts
- Detection of pivot highs and lows on RSI or MA RSI.
- Pivot filters allow you to limit pivot detection to specific RSI ranges (e.g., only bullish pivots below 50 or bearish pivots above 50).
- Pivot lines update automatically after breakout.
Background highlights:
- green on pivot-high breakouts,
- red on pivot-low breakouts.
RSI & MA RSI
- Dynamic RSI colors based on momentum direction.
- Optional MA RSI line (SMA/EMA/RMA/WMA) usable as a smoother pivot source.
OB / OS Zones
- Fully adjustable overbought/oversold levels.
- Dedicated OB/OS colors.
- Optional gradient backgrounds.
Highlights
- Instant identification of moments when RSI breaks a key pivot level.
Alerts:
- pivot high breakouts.
- pivot low breakouts.
- OB crosses.
- OS crosses.
█ HOW TO USE
Add the indicator:
Indicators → RSI Pivot Breaks.
RSI Settings
- RSI Length – core RSI period.
- RSI MA Length & Type – MA RSI smoothing parameters.
Pivot Settings
- Pivot Left / Pivot Right – number of bars required to form a pivot and also the number of bars of delay before the pivot becomes confirmed.
(Higher values produce more reliable but slower pivots.)
Pivot Filters
- Minimum/maximum allowed RSI levels for pivot Highs and Lows.
- Examples:
- detect only pivot Highs at low RSI values.
- ignore pivots during extreme momentum.
- allow only mid-range pivot detection depending on strategy.
Visualization
- Toggles for RSI and MA RSI visibility.
- Optional gradients.
- Full color and transparency customization.
OB/OS Levels
- Adjustable thresholds depending on instrument volatility and strategy style.
█ SIGNAL INTERPRETATION
BUY
- RSI breaks the latest pivot high.
- RSI crosses upward out of OS.
- Context example: pivot lows forming a rising sequence.
SELL
- RSI breaks the latest pivot low.
- RSI drops downward from OB.
- Context example: pivot highs forming a declining sequence.
Trend / Momentum
- Pivot breakouts indicate acceleration or continuation of momentum.
- MA-based pivots provide smoother and more stable momentum structure.
█ APPLICATIONS
- Momentum Trading – pivot breaks as early acceleration signals.
- Scalping & Intraday – fast RSI pivots react quickly to short-term shifts.
- Swing Trading – smoother pivots using MA RSI for higher-timeframe structure.
- Divergence Detection – pivot behavior helps reveal divergence patterns, e.g.:
- RSI pivots rising while price is falling → potential early momentum reversal.
- Custom Filtering – pivot filters allow, for example:
- blocking bullish signals near OB.
- blocking bearish signals near OS.
- detecting pivots only above/below mid-range during strong trends,
depending entirely on strategy design.
█ NOTES
- Pivot detection includes natural delay equal to the Left/Right parameters.
- Pivot filters significantly change the character of signals, allowing fine-tuning of aggressiveness for any strategy.
9/39 EMA Crossover + ADX + RSI Filter (No builtin ADX)
9/39 EMA Crossover + ADX + RSI Filter
This indicator combines classic trend‑following EMAs with momentum and trend‑strength filters to generate high‑quality Buy/Sell signals. It is designed for traders who want cleaner entries, reduced noise, and confirmation‑based signals.
✅ How It Works
1. EMA Trend Logic
• Buy Signal:
9 EMA crosses above 39 EMA
• Sell Signal:
9 EMA crosses below 39 EMA
This captures short‑term momentum shifts within the broader trend.
✅ 2. ADX Trend Strength Filter
To avoid weak or sideways markets, signals only trigger when:
• ADX > 20
This ensures the market has enough directional strength before taking trades.
✅ 3. RSI Momentum Filter
Momentum must align with the direction of the crossover:
• Buy: RSI > 50
• Sell: RSI < 50
This prevents counter‑trend entries and improves signal reliability.
✅ Final Signal Conditions
✅ BUY
• 9 EMA crosses above 39 EMA
• ADX > 20
• RSI > 50
✅ SELL
• 9 EMA crosses below 39 EMA
• ADX > 20
• RSI < 50
✅ Features
• Clean BUY/SELL labels on chart
• ADX calculated manually (compatible with all Pine environments)
• Alerts included for automation
• Works on all timeframes and instruments
✅ Best Use‑Cases
• Trend‑following strategies
• Swing trading
• Intraday momentum confirmation
• Filtering out sideways/noisy markets
Exhaustion IndicatorThe ScalpSQZ indicator is designed to identify four critical market states using volatility structure, momentum behavior, and exhaustion conditions. It enhances scalping precision by visually marking transitions between consolidation, squeeze conditions, and momentum reversals through color-coded candles.
1. Squeeze Conditions (Orange Candles)
Orange candles highlight volatility compression, detected when Bollinger Bands contract inside the Keltner Channels. This structure signals that market volatility is tightening and a significant expansion move is likely to follow. The squeeze represents a pre-breakout environment and serves as the earliest warning of a potential directional shift.
2. Consolidation Conditions (Yellow Candles)
Yellow candles identify phases of low directional momentum. These conditions occur when RSI remains near neutral values, MACD histogram activity is minimal, and the Rate of Change stays muted. This combination indicates that the market is balanced and non-trending, often preceding a volatility spike or a new trend. Consolidation helps traders avoid low-probability entries during indecisive price action.
3. Momentum Exhaustion — Overbought Fade (White Candles)
White candles signal potential top-side exhaustion. This occurs when RSI enters overbought territory while the MACD histogram begins to weaken compared to the previous bar. This condition does not necessarily call a reversal but warns that bullish momentum is deteriorating and upside continuation may be limited. It is particularly useful for identifying trend fatigue and tightening stop-loss placement.
4. Momentum Exhaustion — Oversold Fade (Purple Candles)
Purple candles identify bottom-side exhaustion and appear when RSI reaches oversold levels, MACD momentum begins improving, and the current close shows buyer defense relative to the previous low. This condition suggests selling pressure is diminishing and a potential reversal or relief bounce may be forming. Purple candles serve as an early indication of bearish trend exhaustion.
Color Priority System
The indicator follows a fixed hierarchy to ensure clarity:
Squeeze (orange) has the highest priority, followed by consolidation (yellow). Exhaustion signals (white for tops, purple for bottoms) apply only when no squeeze or consolidation conditions are active. This structure ensures that the most critical market states are always highlighted first.
Purpose and Application
ScalpSQZ helps traders identify optimal environments for breakouts, anticipate trend exhaustion, and avoid low-quality trades during choppy or low-momentum conditions. It is suitable for scalping, day trading, and swing trading across any asset class or timeframe.
Hemanth's Pure Z-Score IndicatorThe Pure Z-Score Indicator is a statistical tool that measures how far the current price is from its recent average in terms of standard deviations. It helps traders identify overbought, oversold, and mean-reverting conditions in the market. This indicator is fully customizable, lightweight, and easy to use.
Key Features:
Displays the Z-Score of the price with optional smoothing.
Highlights overbought and oversold zones based on standard deviation thresholds.
Highlights mean (0) level for tracking price reversion.
Optional SMA or EMA smoothing to reduce noise.
Background highlights visually indicate extreme zones for easier analysis.
Inputs:
Length – Number of bars used to calculate the Z-Score.
Higher values smooth the indicator but react slower.
Lower values make it more sensitive but may produce more noise.
Overbought Level – Upper threshold for the Z-Score.
Default: 2.0 (2 standard deviations above the mean).
Crossing above this level signals a statistically overbought condition.
Oversold Level – Lower threshold for the Z-Score.
Default: -2.0 (2 standard deviations below the mean).
Crossing below this level signals a statistically oversold condition.
Use EMA instead of SMA – Determines whether the basis for Z-Score calculation is an Exponential Moving Average (EMA) or a Simple Moving Average (SMA).
EMA reacts faster to recent price changes.
SMA gives a smoother, slower-reacting average.
Smooth Z-Score (0 = no smoothing) – Apply additional smoothing to the Z-Score using a moving average.
Reduces noise and false spikes for cleaner visualization.
How to Use:
Overbought/Oversold: Watch for the Z-Score crossing the upper or lower levels to identify potential reversal zones.
Mean Reversion: Z-Score crossing the mean (0) can indicate short-term trend shifts.
Smoothing Options: Adjust the smoothing length and type to suit your trading style and timeframe.
Recommended Timeframes:
Works on any timeframe; suitable for day trading, swing trading, or longer-term analysis.
Best used in combination with price action or other indicators for confirmation.
Note:
This is a pure statistical indicator based on standard deviations. It does not provide buy/sell signals by itself, but helps traders identify areas of extreme price movement and potential reversals.
RSI + Psy + ADX P2RSI + Psy + ADX
This indicator combines multi-length RSI analysis with the Psychological Line (PSY) and ADX trend strength to highlight reversal zones, emotional extremes, and trend conditions in a single unified panel.
🔹 Features
1️⃣ Triple RSI with Dynamic Colors
Displays Short / Mid / Long RSI values (9 / 26 / 52 by default)
Line color changes based on RSI levels:
🔴 Overbought (above 68)
🟢 Oversold (below 32)
⚪ Neutral market conditions
Fixed zone levels at 70 / 50 / 30 for simple visual analysis
2️⃣ Psychological Line (PSY) Extreme Signal
Measures the percentage of bearish candles in the selected period
Only highlights emotional extremes (overbought & oversold conditions)
Red/Green histogram makes market sentiment easy to read
3️⃣ ADX Trend Strength Detector
Confirms trend momentum using ADX
Color-coded levels:
🔵 Weak trend
🟡 Moderate trend
🔴 Strong trend (possible trend continuation)
Helps avoid counter-trend trades during strong momentum
4️⃣ RSI Background Highlight (Mid-term RSI Only)
Background turns RED in overbought area
Background turns GREEN in oversold area
Provides fast and clean recognition of reversal zones
🎯 Best Uses
Identifying low-risk reversal entry zones
Avoiding entries against strong trends
Confirming momentum and sentiment alignment
Useful for scalping, day-trading, and swing-trading strategies
💡 Tip
For higher precision, combine this indicator with:
🔹 Support/Resistance Levels
🔹 Candlestick Reversal Patterns
🔹 Volume Spikes or Breakout Tools
