Fixed Range LevelsThis indicator draws horizontal price levels on your chart based on a starting price and a range size that you define. It can also draw midpoint lines between the main levels if enabled.
Here's a breakdown of its functionality:
Key Features:
Starting Price:
You define a starting price (e.g., 21630).
The indicator calculates a corrected base price by rounding the starting price to the nearest multiple of the range size.
Range Size:
You define a range size (e.g., 71).
The indicator draws horizontal lines at intervals of the range size above and below the corrected base price.
Dual Ranges:
You can define two range sizes (e.g., 71 and 29).
The indicator can draw levels for both ranges simultaneously or individually, depending on your settings.
Midpoint Lines:
If enabled, the indicator draws midpoint lines between the main levels.
For example, if the main levels are at 21584 and 21655, the midpoint line will be at 21619.5.
Customizable Styles:
You can customize the line style (solid, dotted, dashed) and color for both the main levels and midpoint lines.
Dynamic Levels:
The levels are recalculated and redrawn dynamically based on the starting price and range size.
How It Works:
Corrected Base Price Calculation:
The indicator calculates the corrected base price using the formula:
pinescript
Copy
correctedBasePrice = math.floor(startingPrice / rangeSize) * rangeSize
For example, if startingPrice = 21630 and rangeSize = 71:
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correctedBasePrice = math.floor(21630 / 71) * 71 = 304 * 71 = 21584
Drawing Levels:
The indicator draws horizontal lines at intervals of the range size above and below the corrected base price.
For example, if rangeSize = 71 and maxLevels = 5, the levels will be drawn at:
Copy
21584 - (5 * 71) = 21249
21584 - (4 * 71) = 21320
...
21584 + (5 * 71) = 21939
Midpoint Lines:
If enabled, the indicator draws midpoint lines between the main levels.
For example, if the main levels are at 21584 and 21655, the midpoint line will be at:
Copy
(21584 + 21655) / 2 = 21619.5
Dual Ranges:
If you enable both ranges, the indicator will draw levels for both range sizes simultaneously.
For example, if rangeSize1 = 71 and rangeSize2 = 29, the indicator will draw two sets of levels:
Levels at intervals of 71 (e.g., 21584, 21655, 21726, ...).
Levels at intervals of 29 (e.g., 21634, 21663, 21692, ...).
Example Use Case:
Imagine you're trading a stock or cryptocurrency, and you want to identify key support and resistance levels based on a specific price range. Here's how you can use this indicator:
Set the Starting Price:
For example, if the current price is 21630, you can set this as the starting price.
Define the Range Size:
If you believe the price moves in increments of 71, set rangeSize1 = 71.
If you also want to track smaller increments of 29, set rangeSize2 = 29.
Enable Midpoint Lines:
If you want to see the midpoint between the main levels, enable Show Midpoint Line.
Customize Line Styles:
Choose different colors and styles for the main levels and midpoint lines to make them visually distinct.
Analyze the Chart:
The indicator will draw horizontal lines at the specified intervals, helping you identify potential support, resistance, and midpoint levels.
Why Is This Useful?
Support and Resistance Levels:
The horizontal lines act as dynamic support and resistance levels based on the range size you define.
Price Targets:
You can use the levels to identify potential price targets or areas where the price might reverse.
Midpoint Analysis:
The midpoint lines can help you identify areas of consolidation or potential breakout points.
Flexibility:
You can customize the range sizes, colors, and styles to suit your trading strategy.
Summary:
This indicator is a powerful tool for traders who want to visualize price levels and midpoints based on a specific range size. It helps you identify key levels for support, resistance, and potential price targets, making it easier to plan your trades.
Análise de Tendência
High Volume and Price Spike AlertThis script is incomplete. Right now it useful for one time frame. For instance, you can customize it to alert you if there is a certain price increase with a certain volume multiplier within a certain time frame.
For example, if a stock rises 4%, within 5 minutes, and the volume is 10x that of the previous 30 day average volume, you will get an alert.
You can change the time intervals, stock percentile increase, and volume multiplier as you wish.
You will want to tweak it based on the likelihood of rapid or slower gains. For instance, large cap stocks will not move as fast as 'trending' stocks that have peaked in volume. For instance, recently (February 2025), %BBAI you would want tight thresholds.
This is my first ever pine script, so bear with me.
I am trying to get all of the time intervals into one, but so far no luck. I have a different indicator for each time interval I chose (i.e., 3, 5, 15, 60, 120, 240 minutes etc.).
If you can take my script and make them into one, I would be very grateful!
Cheers, and I hope you find it useful!
-Suv
Stock Screener - Strong Trend & Momentum📌 Overview
This Stock Screener Indicator helps traders identify high-momentum stocks with a strong uptrend, high liquidity, and low volatility near their 52-week highs. The screener is automated and displays the results in a table on the right-hand side of the chart, making it easy to find breakout candidates.
🔍 How This Screener Works
It filters stocks that meet the following conditions:
✔ High Volume (Liquidity Check) → Current volume > 100K shares
✔ Trend Confirmation (Golden Trend Setup):
5-Day SMA > 20-Day SMA
20-Day SMA > 50-Day SMA
50-Day SMA > 150-Day SMA
150-Day SMA > 200-Day SMA
✔ Momentum Strength (Overbought Indicator) → RSI (14) > 70
✔ Additional Strength Confirmation → RSI (14) > 55
✔ Price Near 52-Week High → Stock must be within 10% of its 52-week high
✔ Avoid Overextended Stocks → Price should not be >25% above 50-day SMA
🛠️ Features
✅ Trend & Momentum Based Screener – Filters only the strongest stocks in an uptrend
✅ Right-Hand Side Table Display – Displays a table with real-time updates
✅ Automatic Alerts – Alerts when stocks match all conditions
✅ Helps Identify Breakout Stocks – Works for swing traders, trend followers, and position traders
✅ Zero Clutter on the Main Chart – Displays in a separate panel below RSI
📢 How to Use This Indicator
1️⃣ Apply This Indicator to a Chart (Works best with Daily timeframe 📅)
2️⃣ Look for stocks marked as "✅ Yes" in the Table
3️⃣ Set Alerts to automatically notify you when a stock meets all conditions
4️⃣ Confirm Entry Based on Price Action – Ideal for breakout trading 📈
🚀 Who Can Use This?
🔥 Swing Traders – Catch strong stocks before they break out
🔥 Trend Followers – Identify stocks in a confirmed uptrend
🔥 Momentum Traders – Focus on stocks with high RSI & strength
🔥 Investors – Find fundamentally strong stocks with technical confirmation
⚠️ Disclaimer
This indicator does not provide buy/sell signals. It is a screening tool to filter stocks based on strong momentum and trend-following conditions. Please do your own research and use proper risk management before taking any trade.
Smart Money Index + True Strength IndexThe "Smart Money Index + True Strength Index" indicator combines two powerful technical analysis tools, providing traders with a comprehensive view of the market condition. The indicator helps to determine the entry and exit points of positions due to two key components:
Smart Money Index (SMI) – shows when major players begin to actively operate in the market. This allows you to assess where significant trading volumes are concentrated and what trends are being formed at the expense of large participants.
True Strength Index (TSI) – measures the true strength of a trend by determining overbought and oversold levels. This index helps you notice trend reversals in time and make decisions about buying or selling assets.
Visually, the indicator displays two lines: one for SMI and the other for TSI. In addition, there are signal tags for long and short positions, as well as notifications when certain conditions are reached.
Main parameters:
SMI length: defines the averaging period for calculating the Smart Money Index.
SMI threshold: sets the level at which the signal to enter the position is activated.
The lengths of the first and second TSI smoothing: determine the periods for the two averaging steps when calculating the True Strength Index.
Overbought and oversold TSI levels: set the boundaries at the intersection of which buy or sell signals are generated.
This indicator will be an excellent assistant for those who seek to improve their trading strategies based on data on the activity of major players and the real strength of the current trend.
Nifty 50 Relative Strength Indicator🔍 Overview
The Nifty 50 Relative Strength Indicator helps traders identify NSE stocks that are outperforming the Nifty 50 Index while ensuring that they are not overextended beyond key levels. It is designed for trend-following, breakout traders, and Minervini SEPA strategy users who want to trade strong stocks at the right time without chasing overextended moves. 🚀
This indicator is displayed in a separate pane (below RSI) and provides clear labels & alerts for identifying strong stocks within a safe trading range.
📊 Features & Benefits
1️⃣ Relative Strength vs. Nifty 50
🔹 Compares the stock’s performance against Nifty 50
🔹 Identifies when a stock is outperforming the market
2️⃣ RS Line & 50-SMA
📈 Blue Line (RS Line) → Tracks stock’s strength vs. Nifty 50
📉 Red Line (RS 50-SMA) → Helps smooth out RS trend
3️⃣ RS New Highs = Strong Momentum
🔹 Highlights when RS Line is making new highs (bullish confirmation)
4️⃣ Avoid Overextended Stocks 🚨
❌ Stocks that are more than 25% above their 50-SMA are ignored
✅ Ensures safe entry points for strong stocks
5️⃣ Labels for Easy Decision Making
🟢 "✅ Within Range" Label → Stock is in a safe buy zone
🔴 "❌ Not Within Range" Label → Stock is too extended, avoid chasing
6️⃣ Background Highlighting
🔹 Blue Background = Stock is outperforming Nifty 50 & in the right price range
🔹 No color? The stock is either weak or too extended
7️⃣ Alerts for Trading Automation
📢 Get notified when:
✅ A stock outperforms Nifty 50 & is within range
⚠️ A stock is overextended (more than 25% above 50-SMA)
📢 How to Use
1️⃣ Apply this indicator on any NSE stock
2️⃣ Check the label in the separate pane:
✅ Green: Within Range (Safe Trade Setup)
❌ Red: Not Within Range (Avoid Entry)
3️⃣ Use the RS Line to confirm strong stocks making new highs
4️⃣ Enable Alerts for breakout opportunities
⚡ Ideal For
✅ Breakout Traders (Minervini SEPA, CANSLIM, Trend Following)
✅ Swing & Position Traders Looking for Strong Stocks
✅ Trend Followers Avoiding Weak & Extended Stocks
✅ Nifty 50 & NSE Stock Traders
🔗 Add This to Your TradingView Now!
This AI-powered Relative Strength indicator simplifies stock selection & keeps your trades within the right risk-reward zones.
💬 Let us know your feedback & improvements! Happy Trading! 🔥
🚀 #TradingView #RelativeStrength #Minervini #BreakoutTrading #Nifty50 #TrendFollowing #StockMarket #AITrading
Volume Data Customized TimeframeThe "Volume Data Customized Timeframe" (VolData CTF) indicator provides traders with an enhanced volume analysis tool that aggregates buy and sell volume over a user-defined timeframe. It enables a comparative assessment of bullish and bearish volume trends, offering deeper insights into market sentiment. The indicator features a customizable display table with user-selectable themes and positioning, providing essential volume metrics for improved trading decisions.
1. Introduction:
The "Volume Data Customized Timeframe" indicator is designed to help traders analyze volume trends across different timeframes. It allows users to customize the period for volume calculations, view the ratio of selling to buying volume, and present the data in a user-friendly table format.
2. Features:
Selectable timeframe for volume analysis (default: chart timeframe)
Calculation of bullish (buy) and bearish (sell) volume
Customizable table size, theme, and positioning
Displays key volume metrics:
Total Buy Volume
Total Sell Volume
Sell/Buy Volume Ratio
Analysis period in minutes, days, weeks, or months
3. Indicator Inputs:
Average Volume Lookback (n): Number of bars used to calculate volume statistics.
Select Timeframe: Custom timeframe for volume calculations (leave empty to use the chart's timeframe).
Table Size: Choose from Small, Medium, or Big to adjust text size.
Table Theme: Choose between Light and Dark themes.
Table Position: Place the table in any corner of the chart (top-left, top-right, bottom-left, bottom-right).
4. How It Works:
The indicator retrieves volume data for the selected timeframe.
It aggregates bullish and bearish volume based on the lookback period.
The sell-to-buy volume ratio is calculated and color-coded (green for bullish dominance, red for bearish dominance).
The volume statistics are displayed in a customizable table for easy reference.
5. Interpretation:
Δ BUY VOL: Represents the total volume of bullish (up-closing) bars within the lookback period.
Δ SELL VOL: Represents the total volume of bearish (down-closing) bars within the lookback period.
Δ SELL/Δ BUY: The ratio of bearish to bullish volume; values above 1 indicate more selling pressure, while values below 1 indicate buying dominance.
Period (M/D/W/M): Displays the selected timeframe for volume aggregation.
CandelaCharts - Fib Retracement (OTE) 📝 Overview
The CandelaCharts Fib Retracement (OTE) indicator is a precision tool designed to help traders identify Optimal Trade Entry (OTE) levels based on Fibonacci retracement principles, as taught in ICT (Inner Circle Trader) methodology.
This indicator automatically plots Fibonacci retracement levels between a selected swing high and swing low, highlighting the key OTE zone between the 61.8% and 78.6% retracement levels—a prime area for potential reversals in trending markets.
📦 Features
Automatic & Custom lookback modes
Customizable fib levels
Dynamic coloring
Reverse & extend
⚙️ Settings
Lookback: Controls the number of bars to look back. You can choose between **Automatic** or **Custom** mode.
Line Style: Sets the line style for the Fibonacci levels.
Levels: 0, 0.236, 0.0.382, 0.500, 0.620, 0.705, 0.790, 0.886, 1.000. Allows you to toggle the visibility of Fibonacci levels.
Dynamic Coloring: Colors Fibonacci levels according to trend direction.
Show Labels: Shows the price value at each Fibonacci level.
Reverse: Flips the Fibonacci levels in the opposite direction.
Extend Left: Extends the Fibonacci levels to the left.
⚡️ Showcase
Dynamic Coloring
Manual Coloring
Fib Retracement
Extended
Custom Length
📒 Usage
Using the CandelaCharts Fib Retracement (OTE) is pretty straightforward—just follow these steps to spot high-probability trade setups and refine your entries.
Identify the Trend – Determine whether the market is in an uptrend or downtrend.
Select Swing Points – The indicator automatically plots from the most recent swing high to swing low (or vice versa).
Wait for Price to Enter OTE Zone – Look for price action confirmation within the optimal entry zone (61.8%-78.6%).
Enter the Trade – Consider longs in an uptrend at the OTE zone, and shorts in a downtrend.
Set Stop & Target – Place stops below/above the swing low/high and target extension levels (127.2%, 161.8%).
🎯 Key takeways
The CandelaCharts Fib Retracement (OTE) is a must-have tool for traders looking to refine their entries and maximize risk-reward potential with precision-based ICT trading strategies. 🚀
🚨 Alerts
The indicator does not provide any alerts!
⚠️ Disclaimer
Trading involves significant risk, and many participants may incur losses. The content on this site is not intended as financial advice and should not be interpreted as such. Decisions to buy, sell, hold, or trade securities, commodities, or other financial instruments carry inherent risks and are best made with guidance from qualified financial professionals. Past performance is not indicative of future results.
Combined Offensive and Defensive ETFs Intraday TrendDescription:
This script provides a comprehensive view of the cumulative intraday percentage changes of selected offensive and defensive ETFs, offering insights into market sentiment throughout the trading day. The script includes:
Cumulative Percentage Change Calculation: It calculates the cumulative percentage changes of three offensive ETFs (XLK, XLC, XLY) and three defensive ETFs (XLU, XLV, XLP) based on their intraday performance.
Combined Trends: The script plots the combined intraday trends of offensive and defensive ETFs, represented by green and red lines, respectively.
Zero Line: A white dashed zero line is included for reference, making it easier to identify whether the combined trends are positive or negative.
Dynamic Labels: Real-time dynamic labels indicate which group of ETFs (offensive or defensive) is leading the day. Additionally, the labels highlight any significant activity in individual ETFs based on predefined thresholds.
Implications for Understanding Market Sentiment:
Offensive vs. Defensive Sentiment: By observing the green (offensive ETFs) and red (defensive ETFs) lines, traders can gauge whether the market is favoring growth-oriented, riskier assets (offensive) or safer, more stable assets (defensive). A rising green line suggests bullish sentiment, while a rising red line indicates a more cautious or bearish sentiment.
Real-Time Insights: The dynamic labels provide real-time insights into which group is leading and highlight any significant movements in individual ETFs. For example, if an ETF shows a significant upward or downward movement, the label will indicate this, helping traders quickly identify potential market drivers.
Trend Identification: The cumulative nature of the percentage changes helps traders identify underlying trends throughout the trading day. Consistent upward or downward trends can signal sustained buying or selling pressure, guiding trading decisions.
Market Dynamics: Understanding the interplay between offensive and defensive ETFs can offer deeper insights into market dynamics. For instance, simultaneous significant movements in both groups may suggest broader market shifts or reactions to external factors.
This script is a valuable tool for traders looking to stay informed about intraday market sentiment and make data-driven trading decisions based on the performance of key ETFs.
Heiken Ashi + ATR StrategyStrategy: Heiken Ashi + Super Trend Reversal (STR) for TradingView
This strategy combines Heiken Ashi candles and the Super Trend Reversal (STR) indicator to detect trend shifts and generate buy/sell signals. It is designed to minimize noise, making it ideal for trend-following traders in Forex, Stocks, and Crypto.
Strategy Logic
🔹 Entry Condition (Buy)
A long position is opened when:
Heiken Ashi candle turns green (indicating bullish momentum).
Super Trend Reversal (STR) confirms a buy signal (price is above the STR support level).
🔻 Exit Condition (Sell)
The position closes when:
Heiken Ashi candle turns red (indicating bearish pressure).
Super Trend Reversal (STR) confirms a sell signal (price is below the STR resistance level).
Risk Management (Stop Loss & Take Profit)
This strategy uses ATR (Average True Range) for dynamic risk management:
✔ Stop Loss: 1.5 × ATR below entry price
✔ Take Profit: 3 × ATR above entry price
This ensures a risk-reward ratio of 1:2, maximizing profit potential.
Indicators Used
1️⃣ Heiken Ashi Candles → Smoothed price action for clearer trend detection.
2️⃣ Super Trend Reversal (STR) → A volatility-based trend-following indicator.
3️⃣ ATR (Average True Range) → Measures market volatility to adjust stop-loss and take-profit dynamically.
How to Use This Strategy in TradingView
Go to TradingView
Open the Pine Script Editor
Paste the Pine Script Code (provided earlier)
Run the strategy
Backtest it on different timeframes & markets
Best Timeframes & Markets
✅ Works best on trending markets (Forex, Crypto, Stocks).
✅ Recommended timeframes: 1H, 4H, Daily for optimal results.
Why This Strategy Works Well?
✔ Filters market noise using Heiken Ashi for smoother trends.
✔ Combines trend confirmation with STR for higher accuracy.
✔ Uses ATR-based stop-loss & take-profit for optimized risk management.
✔ Easy to use with visual Buy/Sell signals.
🚀 Try it on TradingView now and optimize it for your favorite asset! 🚀
The Commitment of Traders (COT) IndexThe COT Index indicator is used to measure the positioning of different market participants (Large Traders, Small Traders, and Commercial Hedgers) relative to their historical positioning over a specified lookback period. It helps traders identify extreme positioning, which can signal potential reversals or trend continuations.
Key Features of the Indicator:
COT Data Retrieval
The script pulls COT report data from the TradingView COT Library TradingView/LibraryCOT/3).
It retrieves long and short positions for three key groups:
Large Traders (Non-commercial positions) – Speculators such as hedge funds.
Small Traders (Non-reportable positions) – Small retail traders.
Commercial Hedgers (Commercial positions) – Institutions that hedge real-world positions.
Threshold Zones for Extreme Positioning:
Upper Zone Threshold (Default: 90%)
Signals potential overbought conditions (excessive buying).
Lower Zone Threshold (Default: 10%)
Signals potential oversold conditions (excessive selling).
The indicator plots these zones using horizontal lines.
The COT Index should be used in conjunction with technical analysis (support/resistance, trends, etc.). A high COT Index does not mean the market will reverse immediately—it’s an indication of extreme sentiment.
Note:
If the script does not recognize or can't find the ticker currently viewed in the COT report, the COT indicator will default to U.S. Dollar.
Industry Indices ComparisonA dynamic industry sector performance comparison indicator that helps traders and investors track relative strength across different market sectors in real-time.
- Compares up to 5 industry sector ETFs against a benchmark index (default: SPY)
- Displays key metrics including:
* Performance % over selected timeframe
* Relative performance vs benchmark
* Trend direction (▲ up, ▼ down, − neutral)
* Volume in millions (M) of shares traded
- Configurable timeframes: 1D, 1W, 1M, and 3M comparisons
- Color-coded performance indicators (green for outperformance, red for underperformance)
- Customizable table position and text size for optimal chart placement
The indicator helps identify:
1. Sector rotation patterns through relative performance
2. Leading and lagging sectors vs the broader market
3. Volume trends across different sectors
For traders, if you are considering two equally good setups, then choosing the setup belonging to a currently strong sector could be beneficial.
MTF Ichimoku Conversion Line SMA
Well, traders talk about the "trend" or trendlines.
We've got many theories defining "the trend" out there...
But which "trend" are they discussing?
"I've heard of Dow, Elliott, Parabolic SAR, etc..."
Let's put it. Just Use the Conversion Line of Ichimoku.
It indicates trend conversion.
Tired of following the step-like weird line?
Okay, Use SMA of it. Yes, you've got a very smooth line, above which the "trend" can be read as an uptrend, and below it is a downtrend.
A spacenoid, alien invader's definition of the "trend"?
Maybe so. But don't be afraid. Whatever it is, it must be your friend if it's a trend.
-Recommended Setting
Conversion Line Period: 9 or 12
SMA period: 14 or 10
SMA Mode: True
IBD Relative Strength with MAUnlike existing IBD Relative Strength indicators, this one has a moving average element to help track how the relative strength of your stock is performing longer term.
This indicator comes with two features:
1. The Relative Strength (RS) indicator
2. The moving average (MA) of the RS
In general, when the RS is moving up, the stock is out performing the index; and when down, it is underperforming. If flat, then the stock is moving inline with the index. The default index is SPY, but you can change that in the settings.
With the MA addition, you can quickly see how the RS is trending and tell if, on that day or week when the RS is moving down, is your stock still holding above the moving average trend--Is it still outperforming the market?
There are several features you can adjust in the settings:
1. You can set the RS to track against any stock or index
2. You can set the look back period for RS comparison (the default is 63 for a full quarter on the daily timeframe)
3. You can adjust the moving average time length (the default is 10 for two weeks on the daily timeframe)
4. You can determine if you want a simple or exponential moving average for your MA indicator
Hope you enjoy! Thanks for checking it out.
Demo GPT - Trend Trader StrategyIt is a great strategy in 30 mins time frame, you can use it to algo trading
VOLD Delta & VOLD RatioDescription:
This script provides a comprehensive analysis of market sentiment by measuring the VOLD Delta and VOLD Ratio for both the NYSE and NASDAQ. It includes:
VOLD Delta Calculation: Measures the net volume difference between up volume (UVOL) and down volume (DVOL), normalized to millions. This helps identify significant buying or selling pressure in the market.
VOLD Ratio Calculation: Calculates the ratio of up volume to down volume, offering insights into the balance between buying and selling activity.
Combination of NYSE and NASDAQ Data: Utilizes UVOL and DVOL for NYSE, and UVOLQ and DVOLQ for NASDAQ to provide a more comprehensive view of market sentiment.
User Selection: Toggle between displaying VOLD Delta or VOLD Ratio based on your preference.
Dynamic Coloring: Colors the histogram bars green for positive values and red for negative values, making it easy to visualize market sentiment at a glance.
Implications for Understanding Market Sentiment:
Identifying Buying Pressure: A significant positive VOLD Delta indicates strong buying pressure, suggesting that the market sentiment is bullish. The corresponding green histogram bars make it easy to identify these periods.
Identifying Selling Pressure: A significant negative VOLD Delta indicates strong selling pressure, suggesting that the market sentiment is bearish. The corresponding red histogram bars highlight these periods.
Balance Between Buyers and Sellers: The VOLD Ratio helps identify the balance between buyers and sellers. A ratio greater than 3 indicates significant buying, while a ratio less than 0.5 indicates significant selling. Ratios close to 1 suggest a balanced market.
Real-Time Market Insights: By combining the VOLD Delta and VOLD Ratio, traders can gain real-time insights into market sentiment and make more informed trading decisions based on the volume activity on the NYSE and NASDAQ.
This script is a powerful tool for traders looking to stay informed about intraday market sentiment and make data-driven trading decisions.
CYP STRUCTURE AND RANGEOverview:
CYP STRUCTURE AND RANGE is an innovative indicator that uniquely combines market structure analysis with dynamic range detection. This tool is designed to help traders visualize key swing pivots and consolidation zones, enabling a multi-dimensional view of price action. By marking both significant swing highs/lows and the evolving range boundaries, the indicator aids in identifying potential breakouts, reversals, and critical support/resistance areas.
Originality and Concept:
Integrated Approach:
The indicator integrates two powerful ideas:
Market Structure Detection: It identifies both major swing pivots and finer internal structure levels to provide insight into trend changes and momentum shifts.
Dynamic Range Identification: It calculates and displays the upper and lower boundaries of price consolidation zones, with an optional midline for added context.
Influence and Innovation:
While the script draws upon concepts from the LuxAlgo Smart Money Concepts indicator and Lazy Bear's Ranges Identifier, it represents an original synthesis of these ideas. By merging these proven approaches, the indicator refines and extends the underlying concepts—offering enhanced clarity and customization that stand apart from its inspirations. This mashup is not just a replication but an evolution designed to add unique value to TradingView users.
Key Features and Benefits:
Adaptive Swing Structure:
Automatically detects significant swing highs and lows as well as internal pivots.
Provides clear labeling (e.g., HH, LH, HL, LL) that can help in spotting trend reversals or continuations.
Dynamic Range Visualization:
Plots upper and lower range boundaries based on recent price action.
Offers an optional midline to highlight the central price area during consolidation.
Includes the option to connect range levels and fill the consolidation area with color for easy visual reference.
Customizable Settings:
Choose between historical or present mode for structure display.
Customize color themes (colored or monochrome) and candle coloring based on trend.
Adjustable swing lengths and range connectivity settings let you fine-tune the indicator for different timeframes (e.g., on a 4H chart, a maximum swing length of 35 provides a focused view over approximately 6 days of price action).
How This Indicator Is Useful:
Enhanced Decision-Making:
The combined view of market structure and range consolidation helps traders pinpoint actionable levels, making it easier to plan entries, exits, and manage risk.
Versatility:
Whether you’re a scalper, day trader, or swing trader, the flexibility and adaptability of this tool make it suitable for a variety of trading styles and timeframes.
Visual Clarity:
With clearly defined swing points and consolidation zones, the indicator simplifies complex market dynamics, enabling a quick assessment of the prevailing price action.
Conclusion:
CYP STRUCTURE AND RANGE is an original and useful tool that bridges the gap between traditional swing analysis and range-based methods. It leverages insights from renowned concepts like LuxAlgo Smart Money and Lazy Bear's Ranges Identifier, combining them into a refined, user-friendly package. This synthesis not only preserves the strengths of its inspirations but also introduces unique enhancements that contribute to a more precise and adaptable trading analysis framework.
The Up or Down Indicator (TUDI)The Up or Down Indicator
This indicator provides a comprehensive view of trend direction, strength, potential breakout opportunities, as well as trend reversals, helping traders quickly assess the market's overall bias and identify potential entry points.
Key Features:
Directional Bias Line: A color-coded line (seafoam green for uptrend, coral red for downtrend, and orange for transition) that visually represents the current trend direction. The saturation of the color indicates the strength or momentum of the trend.
Confirmation Dots: Seafoam green dots appear at the bottom of the chart to confirm potential bullish moves, while coral red dots appear at the top to confirm potential bearish moves. The saturation of the dot colors indicates the momentum.
Background Color: A subtle seafoam green or coral red background shading provides an additional visual cue for the overall trend direction.
Squeeze Arrows: White arrows (upward and downward pointing) appear when a squeeze (Bollinger Bands inside Keltner Channels) and high volume are detected, suggesting a potential breakout. Upward arrows indicate potential long breakouts, while downward arrows indicate potential short breakouts.
How to Use:
Follow these steps to effectively use the Up or Down Indicator:
1. Identify the Primary Trend: Use the Directional Bias Line to determine the overall trend direction.
- Seafoam green = Uptrend (stronger as the green becomes more saturated)
- Coral red = Downtrend (stronger as the red becomes more saturated)
- Orange = Caution, Potential Trend Change (suggesting you should tighten stops or wait for further confirmation)
2. Watch for Confirmation Signals: Look for Confirmation Dots to confirm potential bullish or bearish moves.
- Increasing saturation in dots = Growing momentum
3. Anticipate Breakouts: Use Squeeze Arrows to anticipate potential breakouts.
- Upward arrow during uptrend = Potential strong continuation
- Downward arrow during downtrend = Potential strong continuation
4. Confirm Signals: Always consider the overall market context and use other indicators or analysis techniques to confirm signals before making any trading decisions.
Disclaimer:
This indicator is for informational purposes only and should not be used as the sole basis for making trading decisions. Trading involves risk, and past performance is not indicative of future results. Always conduct thorough research and consult with a qualified financial advisor before making any investment decisions.
new advnteghAYN Custom Indicator – Buy, Sell, Trend, and Swing Signals with Auto Fibonacci
The AYN Custom Indicator is a powerful multi-functional trading tool designed to help traders identify market trends, generate buy and sell signals, and utilize automated Fibonacci retracements for enhanced technical analysis. This indicator is built using Pine Script 5 for TradingView and combines several key features to assist traders in making informed trading decisions.
Key Features:
Trend Detection Across Multiple Timeframes:
The indicator uses three different moving averages (short-term, mid-term, and long-term) to analyze price trends.
Candlesticks are dynamically colored based on the trend direction, making it easy to visualize momentum shifts.
Short-term trend: Uses a 20-period Simple Moving Average (SMA).
Mid-term trend: Uses a 50-period SMA.
Long-term trend: Uses a 200-period SMA.
If the price is above a moving average, the trend is considered bullish; if below, it is considered bearish.
Buy & Sell Signal Generation:
The indicator provides clear entry and exit signals based on moving average crossovers.
A buy signal is generated when the short-term SMA crosses above the mid-term SMA.
A sell signal is generated when the short-term SMA crosses below the mid-term SMA.
These signals are plotted as green (BUY) and red (SELL) arrows on the chart for easy recognition.
Automatic Fibonacci Retracement Levels:
The indicator automatically plots Fibonacci retracement levels upon detecting a bullish trend reversal.
It calculates the highest high and lowest low within a specified lookback period (default: 200 candles).
Fibonacci levels such as 0.236, 0.382, 0.5, 0.618, and 0.786 are drawn dynamically.
These levels help traders identify potential support and resistance zones, increasing the probability of successful trades.
Candle Coloring for Market Sentiment:
The indicator changes the color of the candlesticks based on trend conditions:
Lime (Bright Green): Strong bullish trend (short-term uptrend).
Green: Bullish momentum (mid-term uptrend).
Blue: Long-term bullish trend.
Fuchsia (Pink): Short-term bearish trend.
Red: Mid-term bearish momentum.
Maroon: Long-term bearish trend.
This visual representation makes it easy to spot trend reversals and potential trade opportunities.
User-Customizable Parameters:
Traders can adjust the lengths of the moving averages to fine-tune trend detection.
Fibonacci levels can be modified based on individual trading strategies.
Alerts and notifications can be integrated to provide real-time buy and sell alerts.
How to Use the AYN Indicator for Trading:
Trend Following Strategy:
Look for green candlesticks when the price is above moving averages to confirm an uptrend.
Look for red candlesticks when the price is below moving averages to confirm a downtrend.
Stronger trends appear when multiple timeframes align in the same direction.
Buy & Sell Signal Strategy:
Enter long (buy) positions when a buy signal arrow appears.
Exit or go short (sell) when a sell signal arrow appears.
Use stop-loss and take-profit levels based on Fibonacci retracement zones.
Fibonacci-Based Support & Resistance Strategy:
Watch for price reactions at Fibonacci levels (0.382 and 0.618 are the most important).
A bounce from these levels indicates potential entry or exit points.
If price breaks below 0.786, the trend might be weakening.
Conclusion:
The AYN Custom Indicator is an all-in-one trading tool that combines trend detection, buy/sell signals, automated Fibonacci retracements, and candlestick coloring to provide traders with a clear picture of market movements. Whether you are a trend follower, swing trader, or Fibonacci enthusiast, this indicator offers highly accurate signals to enhance your trading strategy.
💡 Pro Tip: Use this indicator in combination with volume analysis and support/resistance levels to maximize trade accuracy! 🚀
Smoothed Heiken Ashi Strategy Trend ZonesSmoothed Heiken Ashi Strategy Trend Zones - Description
Overview:
The Smoothed Heiken Ashi Strategy Trend Zones is an enhanced trend-following indicator designed to help traders identify bullish and bearish trend shifts using a smoothed Heiken Ashi methodology. By applying a multi-layered EMA smoothing technique, this script reduces market noise and provides clearer trade signals.
Key Features:
✅ Smoothed Heiken Ashi Candles
A 4-layer EMA smoothing method is used to refine Heiken Ashi calculations.
Filters out price fluctuations for better trend clarity.
✅ Buy & Sell Signals
🔼 Buy Signal – Triggered when a bullish Heiken Ashi trend shift occurs.
🔽 Sell Signal – Activated when a bearish Heiken Ashi trend shift is detected.
📢 Alerts – Custom TradingView alerts notify traders when a new signal appears.
How to Use:
📉 Optimized for Short-Term & Intraday Trading
Best suited for 5-minute and higher timeframes (scalping & trend-following).
Works well in trending markets and can be used with other indicators (RSI, volume analysis) for trade confirmation or reversals.
📌 Customization
Modify the smoothing length to adjust trend sensitivity.
Combine with support/resistance levels along with VWAP to strengthen indicator signals for refined entries and exits.
Final Note:
This indicator is ideal for traders looking for a simplified trend-following approach with clear buy/sell signals.
Disclaimer: This script is for educational purposes only and does not constitute financial advice. Always conduct your own analysis before making trading decisions.
Baxing-4 EMAs 9/21/50/1004 EMAs is a shaded EMA indicator, there are 4 lines in total: 9, 21, 50 and 100.
EMA (Exponential Moving Average) is a type of moving average calculation (Moving Average: MA). The calculation of the exponential value will consider the relationship of the stock price in the past (according to the number of days we specify) in the form of exponential weights, giving the highest importance to the latest price.
It is recommended to use it to view the price trend in the form of a trend and find turning points. It can be used with all time frames.
The recommended default values here are 9, 21, 50 and 100, but you can
- Change the values as desired
- Turn on/off the unwanted EMA lines
- Turn on/off/change the shading pattern and color, which is the area between the pairs of EMAs (such as the pair 9/21 or 50/100)
