Dynamic Adaptive Moving Average [Alpha Extract]Dynamic Adaptive Moving Average (DAMA) 📊
The Dynamic Adaptive Moving Average (DAMA) indicator is an adaptive technical tool that automatically discovers the optimal moving average period based on forward-looking price behavior. Unlike traditional fixed-length moving averages, this indicator continuously evaluates multiple timeframes to identify which MA length most accurately predicts future price movement, creating a responsive trend line that adapts to changing market conditions.
🔶 CALCULATION
The indicator employs a dynamic optimization algorithm to select the most effective moving average:
• Period Testing: Evaluates MA lengths from 5 to 100 periods to find the optimal timeframe
• Predictive Error: Measures each MA's accuracy by comparing it to the actual price 5 bars in the future
• Trend Weighting: Incorporates Rate of Change (ROC) to give higher priority to trend-following capabilities
• Error Minimization: Selects the MA length with the lowest weighted predictive error
• Smoothing: Applies an exponential smoothing factor (0.2) to prevent erratic changes in the trend line
🔶 DETAILS
Visual Features:
• Adaptive Trend Line: A yellow line representing the smoothed optimal moving average that dynamically adjusts its period
• Color-Coded Fills: Green areas when price is above the optimal MA (bullish), red when price is below (bearish)
• Opacity Gradient: Fill transparency provides visual context for the relationship between price and the trend line
• Real-Time Optimization Display: A table in the top-right corner shows the current optimal MA length
Interpretation:
• Bullish Signal: Price above the yellow DAMA line with green fill indicates upward momentum
• Bearish Signal: Price below the yellow DAMA line with red fill suggests downward pressure
• Trend Changes: Watch for crossovers between price and the DAMA for potential trend shifts
• Optimal Length Changes: Shorter optimal lengths may indicate trending markets, while longer lengths often appear in ranging conditions
🔶 EXAMPLES
The indicator demonstrates:
• Trend Identification: The DAMA hugs price more closely during trends while maintaining enough distance to filter noise
• Dynamic Adaptation: The MA length automatically adjusts shorter during strong trends and longer during consolidations
• Forward-Looking: By optimizing based on future price projection (5 bars), the indicator anticipates price movements better than traditional MAs
• Smooth Transitions: The smoothing algorithm prevents whipsaws while still allowing the MA to adapt to changing conditions
🔶 SETTINGS
Customization Options:
• Min/Max Length: Define the range of MA periods to test (default: 5-100)
• Step Size: Set the increment for testing different MA lengths (default: 1)
• Lookahead: Adjust the number of bars to project ahead for optimization (default: 5)
• Smoothing Factor: Control how quickly the MA adapts to new optimal lengths (default: 0.2)
The Dynamic Adaptive Moving Average (DAMA) indicator offers traders a sophisticated yet intuitive trend-following tool that eliminates the need to manually select MA periods.
Its self-optimizing algorithm continuously identifies the most effective moving average length based on actual price prediction accuracy, making it valuable for various trading strategies across different market environments and timeframes.
Análise de Tendência
Gold Price with Time ShiftOverview
The "Gold Price with Time Shift" indicator allows you to visualize the Gold price (XAUUSD) with a customizable time shift, enabling you to lag or lead the data by a specified number of bars. Whether you're analyzing historical trends or projecting Gold’s price into the future, this indicator provides a flexible tool to align Gold price movements with other market indicators or events.
Features
Customizable Time Shift: Shift the Gold price backward (lag) or forward (lead) by a user-defined number of bars. Positive values lag the data, while negative values project it into the future.
Future Projection: When leading the Gold price (negative time shift), the indicator extends the chart into the future, displaying the last known price as a flat projection for easy comparison.
Daily Timeframe: Fetches Gold price data on a daily timeframe, ensuring consistency for long-term analysis.
User-Friendly Inputs: Easily adjust the Gold ticker and time shift via the settings panel to suit your analysis needs.
Directional Deviation Index (DDI)Directional Deviation Index (DDI) is a streamlined, adaptive indicator for analyzing market cycles, detecting trend direction, and gauging momentum. By measuring how far price deviates from a smoothed average, the DDI adapts dynamically to both bullish and bearish conditions.
Key Features:
Unified Smoothing: Choose SMA or EMA for consistent, predictable signals.
Log Scale: Focus on percentage-based moves—ideal for volatile or higher-priced assets.
Adaptive Trend Levels: Auto-adjust uptrend/downtrend thresholds based on market volatility.
Momentum Visualization: Transparent color fills (green for uptrends, red for downtrends) that intensify with stronger deviations.
Customizable Sensitivity: Fine-tune uptrend and downtrend settings to suit any trading style.
Simple Alerts & Status Line: Get notified on key crossovers and track real-time price without chart clutter.
Comparison to Similar Indicators:
Bollinger Bands: Both use deviations from a moving average, but the DDI emphasizes directional momentum and adaptive threshold levels rather than fixed bands.
RSI/Stochastics: While these oscillators focus on overbought or oversold conditions, the DDI tracks how far price strays from its average, giving a clearer picture of trend strength.
MACD: MACD is built on EMA crossovers, whereas the DDI highlights deviations from a mean and adapts more directly to volatility changes.
Use the DDI to identify trend strength, spot potential reversals, and monitor evolving market conditions across stocks, crypto, forex, and beyond. It’s a versatile yet concise tool for traders seeking faster, more confident decisions.
Altcoin Reversal or Correction DetectionINDICATOR OVERVIEW: Altcoin Reversal or Correction Detection
Altcoin Reversal or Correction Detection is a powerful crypto-specific indicator designed exclusively for altcoins by analyzing their RSI values across multiple timeframes alongside Bitcoin’s RSI. Since BTC's price movements have a strong influence on altcoins, this tool helps traders better understand whether a reversal or correction signal is truly reliable or just noise. Even if an altcoin appears oversold or overbought, it may continue trending with BTC—so this indicator gives you the full picture.
The indicator is optimized for CRYPTO MARKETS only. Not suitable for BTC itself—this is a precision tool built only for ALTCOINS only.
This indicator is not only for signals but also serves as a tool for observing all the information from different timeframes of BTC and altcoins collectively.
How the Calculation Works: Algorithm Overview
The Altcoin Reversal or Correction Detection indicator relies on an algorithm that compares the RSI values of the altcoin across multiple timeframes with Bitcoin's RSI values. This allows the indicator to identify key market moments where a reversal or correction might occur.
BTC-Altcoin RSI Correlation: The algorithm looks for the correlation between Bitcoin's price movements and the altcoin's price actions, as BTC often influences the direction of altcoins. When both Bitcoin and the altcoin show either overbought or oversold conditions in a significant number of timeframes, the indicator signals the potential for a reversal or correction.
Multi-Timeframe Confirmation: Unlike traditional indicators that may focus on a single timeframe, this tool checks multiple timeframes for both BTC and the altcoin. When the same overbought/oversold conditions are met across multiple timeframes, it confirms the likelihood of a trend reversal or correction, providing a more reliable signal. The more timeframes that align with this pattern, the stronger the signal becomes.
Overbought/Oversold Conditions & Extreme RSI Values: The algorithm also takes into account the size of the RSI values, especially focusing on extreme overbought and oversold levels. The greater the RSI values are in these extreme regions, the stronger the potential reversal or correction signal. This means that not only do multiple timeframes need to confirm the condition, but the magnitude of the overbought or oversold RSI level plays a crucial role in determining the strength of the signal.
Signal Strength Levels: The signals are classified into three levels:
Early Signal
Strong Signal
Very Strong Signal
By taking into account the multi-timeframe analysis of both BTC and the altcoin RSI values, along with the magnitude of these RSI values, the indicator offers a highly reliable method for detecting potential reversals and corrections.
Who Is This Indicator Suitable For?
This indicator can also be used to detect reversal points, but it is especially effective for scalping. It highlights potential correction points, making it perfect for quick entries during smaller market pullbacks or short-term trend shifts, which is more suitable for scalpers looking to capitalize on short-term movements
Integration with other tools
Use this tool alongside key Support and Resistance zones to further enhance your trade by filtering for even better quality entries and focusing only on high-quality reversal or correction setups. It can be also used with other indicators and suitable with other personalised strategies.
Candlestick Pattern Indicator – Doji, Harami, More [algo_aakash]This Candlestick Pattern Indicator is designed to help traders identify key price action patterns like Bullish Engulfing, Bearish Engulfing, Doji, Hammer, Morning Star, Evening Star, and many more directly on your TradingView chart. With customizable options to display both bullish and bearish patterns , this indicator provides real-time visual markers and labels, helping you make informed trading decisions.
Key features of the indicator include:
Detects popular candlestick patterns such as Bullish Engulfing, Bearish Engulfing, Hammer, Morning Star, Tweezer Tops, and more.
Customizable settings for displaying pattern shapes, labels, and opacity, tailored to your trading preferences.
Option to plot signals only after a candle closes, ensuring accuracy.
Alerts for immediate notification of detected patterns.
Visual markers on the chart, including arrows and labels, for quick recognition of potential trade setups.
This indicator is ideal for traders who rely on candlestick patterns for technical analysis and want an automated tool to highlight these setups for easier decision-making.
Whether you're a beginner or an experienced trader, this tool will help you spot important patterns in real-time without cluttering your chart.
Parabolic RSI [ChartPrime]The Parabolic RSI indicator applies the Parabolic SAR directly to the Relative Strength Index (RSI) . This combination helps traders identify trend shifts and potential reversal points within the RSI framework. The indicator provides both regular and strong signals based on whether the Parabolic SAR crosses above or below key RSI thresholds.
⯁ KEY FEATURES
Parabolic SAR Applied to RSI – Tracks momentum shifts within the RSI indicator.
Dynamic SAR Dots – Plots SAR levels directly on the RSI for visual clarity.
Threshold-Based Signal Filtering – Uses upper (70) and lower (30) RSI levels to determine strong signals.
Simple and Strong Signal System :
Big Diamonds (Strong Signals) – Appear when Parabolic SAR crosses above 70 or below 30 RSI, indicating potential reversals.
Small Diamonds (Regular Signals) – Appear when Parabolic SAR flips inside the RSI range, signaling weaker trend shifts.
Chart Overlay Signals – Highlights strong RSI-based trend shifts directly on the price chart.
Fully Customizable – Modify RSI length, SAR parameters, colors, and signal displays.
⯁ HOW TO USE
Look for strong signals (big diamonds) when SAR flips above 70 RSI (overbought) or below 30 RSI (oversold) for potential reversals.
Use regular signals (small diamonds) for minor trend shifts within the RSI range.
Combine with price action and other indicators to confirm entry and exit points.
Adjust the SAR acceleration factors to fine-tune sensitivity based on market conditions.
⯁ CONCLUSION
The Parabolic RSI indicator merges trend-following and momentum-based analysis by applying the Parabolic SAR to RSI. This allows traders to detect trend shifts inside the RSI space with an intuitive diamond-based signal system . Whether used alone or as part of a broader trading strategy, this indicator provides a clear and structured approach to identifying momentum reversals and potential trading opportunities.
ForexCurrencyStrengthThe "ForexCurrencyStrength" indicator is a powerful tool designed to analyze the relative strength of the eight major currencies in the Forex market: EUR, USD, GBP, JPY, CHF, CAD, AUD, and NZD.
🔍 What does this indicator do?
The ForexCurrencyStrength indicator calculates the strength of each currency based on price changes across a variety of major currency pairs. It analyzes logarithmic returns (Log Returns) from 28 Forex pairs to give a comprehensive view of the market strength of each individual currency.
⚙️ How does it work?
The indicator calculates the strength of each of the 8 currencies by analyzing the changes in relevant currency pairs.
The strength is calculated based on the cumulative price changes since a user-defined start date.
Each currency is plotted as a separate line on the chart for easy comparison and identification of trends.
📅 Custom Start Date
You can set a custom start date for the calculation, allowing you to begin analysis from an important event or any preferred date.
📈 Use Cases
Identify the strongest and weakest currencies at a glance.
Help in choosing optimal Forex pairs for long or short trades.
Ideal for trend-following and relative strength strategies in Forex trading.
🎨 Features
Clear line plots for each currency.
Color-coded for easy visual differentiation.
Real-time values displayed as labels directly on the chart.
Kimchi premium with BTC gap [BIGTAKER]📊 Kimchi Premium with BTC gap
The BIGTAKER Kimchi Premium Indicator is a real-time tool that accurately tracks and visualizes the price discrepancy (Kimchi Premium) between the Korean KRW markets (Upbit or Bithumb) and global cryptocurrency exchanges.
In addition to displaying the premium on altcoins, it compares the difference against Bitcoin's premium and highlights abnormal divergence through signal alerts and visual cues.
🔧 Key Features
KRW Market Selection
Users can select either Upbit or Bithumb as the reference Korean exchange. Only altcoins listed on the selected exchange will be analyzed and shown.
Multi-Exchange Global Pricing
The global reference price is not fixed to a single exchange like Binance. Instead, the indicator dynamically uses the price data from the exchange that the user opens on TradingView — such as OKX, BYBIT, BITGET, GATE.IO, MEXC, and more.
If the global symbol is supported on TradingView, the corresponding market price is retrieved and converted into KRW using the FX rate, allowing real-time global-vs-Korea price comparison.
Accurate Premium Calculation
Altcoin Premium = ((KRW Price - Global Price in KRW) / Global Price in KRW) × 100
BTC Premium = ((BTC_KRW - BTC_USDT×FX) / (BTC_USDT×FX)) × 100
Premium Gap Signal Alerts
When the gap between altcoin premium and Bitcoin premium exceeds a user-defined threshold (e.g., 3%), the chart highlights the bar with a yellow background, and a signal alert is triggered.
Visual Data Representation
Bar colors automatically change based on premium intensity
BTC Kimchi Premium and Coinbase-Binance Premium lines are plotted together
The latest candle shows a label with the coin name and premium value
Integrated Alerts
Fully compatible with TradingView alerts — allowing users to receive instant notifications when the premium gap crosses the defined threshold.
⚙️ User Settings
Select Exchange: Choose domestic KRW market (Upbit / Bithumb)
Premium Gap Threshold (%): Set the minimum gap between altcoin and BTC premium to trigger signals (default: 3%)
🧠 Use Cases
Premium Gap Trading Strategies
Identify altcoins with unusually high premium divergence compared to BTC and take positions based on mean-reversion logic.
Market Overheating Detection
Detect abnormal buying pressure or local overvaluation when an altcoin’s premium rapidly expands beyond normal ranges.
Tracking Global vs. Korean Market Flow
Monitor capital flows by comparing KRW market premiums to real-time global market pricing.
Gradient Range [BigBeluga]
This indicator highlights range-bound market conditions by dynamically plotting gradient-colored candlesticks within a defined price box. It detects whether the market is ranging or trending using ADX and can identify mean reversion points when price steps outside the established range.
🔵KEY FEATURES:
Range Detection Box:
➣ A transparent box is drawn based on the highest and lowest price close over a user-defined period.
➣ Helps visualize range boundaries and the midline for support/resistance reference.
Gradient Candlestick Coloring:
➣ Candles inside the range are colored with a gradient from top to bottom based on proximity to the midline.
➣ Top range candles are shaded with bearish tones, while bottom range candles use bullish tones.
Ranging/Trending State Detection:
➣ Uses ADX to determine if the market is currently in a ranging or trending state.
➣ A label in the bottom right corner shows a real-time status (🟢 Ranging / 🟡 Trending).
Mean Reversion Signal Circles:
➣ When the market is ranging, white circles are plotted at highs/lows that breach the box boundary, indicating potential mean reversion points.
➣ These levels can act as fade trade setups or exhaustion markers.
🔵USAGE:
Range Trading: Trade between the upper and lower boundaries during range-bound conditions with clearer visual feedback.
Mean Reversion Plays: Use circle signals as early alerts to identify when price extends beyond the range and may revert to the mean.
Visual Trend Strength: Instantly recognize where price is concentrated inside the range via the color gradient system.
Ranging Filter: Use the ADX label to avoid false setups during strong trending periods.
Gradient Range provides an elegant and data-driven approach to range-bound market analysis. With its gradient visualization and smart reversion detection, it empowers traders to better time entries and exits within consolidation zones.
CAM | Currency Strength PerformanceOverview 📊
The "CAM | Currency Strength Performance" indicator is a powerful forex trading tool that blends traditional composite analysis with dynamic performance tracking! 🚀 It compares the strength of a currency pair’s base and quote currencies against the pair’s price movement, offering traders a clear, colorful view of market dynamics through normalized lines and an upgraded strength-based histogram. 🎨
How It Works 🛠️
🔍 Automatic Currency Detection: Instantly identifies the base (e.g., XAU in XAUUSD) and quote (e.g., USD) currencies—no setup required!
📈 Composite Strength Calculation: Measures each currency’s power by averaging its exchange rate against a basket of 10 major currencies (GBP, EUR, CHF, USD, AUD, CAD, NZD, JPY, NOK, XAU). A classic strength snapshot! 💪
📏 Normalization: Scales composites and pair prices with a smart formula (price minus moving average, divided by standard deviation) for easy comparison. ⚖️
🎨 Dynamic Visualization:
Plots 3 normalized lines with unique colors:
Base Composite
Quote Composite
Actual Pair (⚪ white)
Benefits 🌈
🧠 Simplified Analysis: Normalized composites make static strength clear, while the new histogram reveals dynamic trends.
✅ Enhanced Decisions: Color-coded lines and a performance-driven histogram pinpoint trading opportunities fast—spot when base or quote takes the lead! 🚨
⏱️ Time-Saver: Auto-detection and dual metrics (static + dynamic) streamline your workflow.
🌍 Versatile: Works across all supported pairs, with colors adapting to currencies (e.g., orange AUD, yellow XAU).
👀 Eye-Catching: Vibrant visuals (purple GBP, green USD) and a purple histogram make it engaging and intuitive.
How It Helps Traders 💡
📈 Spot Trends: Normalized lines show steady strength; the histogram tracks recent outperformance—perfect for timing trades.
⚠️ Catch Divergences: See when strength shifts (e.g., base surging, quote lagging) don’t match price—hello, reversal signals! 🔍
🛡️ Manage Risk: Levels (1, -1) and histogram swings help gauge overbought/oversold conditions for smarter stops.
🔮 Big Picture: Combines static strength with dynamic momentum, giving a fuller market view for scalping or long-term strategies.
Conclusion ✨
"CAM | Currency Strength Performance" now fuses classic strength analysis with real-time performance tracking. With its upgraded histogram, traders get a dual lens—static composites plus dynamic strength—turning complex forex data into actionable insights! 📈💰
Mar 11
Release Notes
✨ New Feature: Strength Histogram:
Tracks the performance of base and quote currencies over a customizable lookback period (default: 10 bars). 📅
Calculates strength as the currency’s percentage change minus the basket’s average change, then plots the difference (base - quote) as a purple histogram. 📊
⚙️ Customizable Settings: Adjust Scaling Period (50), Histogram Scale Factor (0.5), Lookback Bars (10), and Levels (1, -1) to fit your trading style! 🎚️
How It Differs from the Previous Version 🔄
Old Histogram:
Showed the static difference between normalized base and quote composites—a snapshot of relative strength at a single point in time. 📷
Focused on current exchange rate levels, scaled by the pair’s normalized price movement.
New Histogram:
Displays the dynamic strength difference (base strength - quote strength) over a user-defined lookback period (e.g., 10 bars). 🌊
Measures past and current performance by calculating percentage changes relative to a basket, highlighting momentum and trends. 📈
Offers a more responsive, time-based view, showing how each currency has performed recently rather than just its absolute strength.
Constance Brown RSI with Composite IndexConstance Brown RSI with Composite Index
Overview
This indicator combines Constance Brown's RSI interpretation methodology with a Composite Index and ATR Distance to VWAP measurement to provide a comprehensive trading tool. It helps identify trends, momentum shifts, overbought/oversold conditions, and potential reversal points.
Key Features
Color-coded RSI zones for immediate trend identification
Composite Index for momentum analysis and divergence detection
ATR Distance to VWAP for identifying extreme price deviations
Automatic divergence detection for early reversal warnings
Pre-configured alerts for key trading signals
How to Use This Indicator
Trend Identification
The RSI line changes color based on its position:
Blue zone (RSI > 50): Bullish trend - look for buying opportunities
Purple zone (RSI < 50): Bearish trend - look for selling opportunities
Gray zone (RSI 40-60): Neutral/transitional market - prepare for potential breakout
The 40-50 area (light blue fill) acts as support during uptrends, while the 50-60 area (light purple fill) acts as resistance during downtrends.
// From the code:
upTrendZone = rsiValue > 50 and rsiValue <= 90
downTrendZone = rsiValue < 50 and rsiValue >= 10
neutralZone = rsiValue > 40 and rsiValue < 60
rsiColor = neutralZone ? neutralRSI : upTrendZone ? upTrendRSI : downTrendRSI
Momentum Analysis
The Composite Index (fuchsia line) provides momentum confirmation:
Values above 50 indicate positive momentum
Values below 40 indicate negative momentum
Crossing above/below these thresholds signals potential momentum shifts
// From the code:
compositeIndexRaw = rsiChange / ta.stdev(rsiValue, rsiLength)
compositeIndex = ta.sma(compositeIndexRaw, compositeSmoothing)
compositeScaled = compositeIndex * 10 + 50 // Scaled to fit 0-100 range
Overbought/Oversold Detection
The ATR Distance to VWAP table in the top-right corner shows how far price has moved from VWAP in terms of ATR units:
Extreme positive values (orange/red): Potentially overbought
Extreme negative values (purple/red): Potentially oversold
Near zero (gray): Price near average value
// From the code:
priceDistance = (close - vwapValue) / ta.atr(atrPeriod)
// Color coding based on distance value
Divergence Trading
The indicator automatically detects divergences between the Composite Index and price:
Bullish divergence: Price makes lower low but Composite Index makes higher low
Bearish divergence: Price makes higher high but Composite Index makes lower high
// From the code:
divergenceBullish = ta.lowest(compositeIndex, rsiLength) > ta.lowest(close, rsiLength)
divergenceBearish = ta.highest(compositeIndex, rsiLength) < ta.highest(close, rsiLength)
Trading Strategies
Trend Following
1. Identify the trend using RSI color:
Blue = Uptrend, Purple = Downtrend
2. Wait for pullbacks to support/resistance zones:
In uptrends: Buy when RSI pulls back to 40-50 zone and bounces
In downtrends: Sell when RSI rallies to 50-60 zone and rejects
3. Confirm with Composite Index:
Uptrends: Composite Index stays above 50 or quickly returns above it
Downtrends: Composite Index stays below 50 or quickly returns below it
4. Manage risk using ATR Distance:
Take profits when ATR Distance reaches extreme values
Place stops beyond recent swing points
Reversal Trading
1. Look for divergences
Bullish: Price makes lower low but Composite Index makes higher low
Bearish: Price makes higher high but Composite Index makes lower high
2. Confirm with ATR Distance:
Extreme readings suggest potential reversals
3. Wait for RSI zone transition:
Bullish: RSI crosses above 40 (purple to neutral/blue)
Bearish: RSI crosses below 60 (blue to neutral/purple)
4. Enter after confirmation:
Use candlestick patterns for precise entry
Place stops beyond the divergence point
Four pre-configured alerts are available:
Momentum High: Composite Index above 50
Momentum Low: Composite Index below 40
Bullish Divergence: Composite Index higher low
Bearish Divergence: Composite Index lower high
Customization
Adjust these parameters to optimize for your trading style:
RSI Length: Default 14, lower for more sensitivity, higher for fewer signals
Composite Index Smoothing: Default 10, lower for quicker signals, higher for less noise
ATR Period: Default 14, affects the ATR Distance to VWAP calculation
This indicator works well across various markets and timeframes, though the default settings are optimized for daily charts. Adjust parameters for shorter or longer timeframes as needed.
Happy trading!
Titan X 📈 Titan X – Optimized Trend Strategy with Gradient ZLEMA, RMI, CCI, ROC, and Volume Confirmation
Titan X is a precision-engineered trend-following strategy designed for crypto markets and high-volatility assets. It is not just a combination of indicators, but a carefully constructed, non-repainting system where each component plays a specific role in confirming high-probability trade setups. The strategy detects strong directional moves, confirms them with momentum and volume, and manages trade exits without relying on traditional stop losses.
🔍 How the Indicators Work Together
✅ 1. ZLEMA Baseline + Gradient Filter
A Zero Lag Exponential Moving Average (ZLEMA) is used to track directional trend with minimal lag.
A gradient (slope) is calculated from the ZLEMA to measure trend acceleration. This confirms whether a trend is gaining strength or losing momentum.
Entries are only taken when the ZLEMA gradient exceeds a user-defined threshold, ensuring trades are only taken in strong, developing trends.
✅ 2. RMI – Relative Momentum Index (with Memory)
RMI captures sustained momentum direction over time.
It helps validate that price isn't just spiking, but truly trending.
Titan X uses RMI as a trend memory filter, requiring consistent momentum alignment before entry.
✅ 3. Momentum Timing – ROC + CCI
The Rate of Change (ROC) determines the strength and direction of recent momentum.
The Commodity Channel Index (CCI) checks price deviation from a moving average baseline, identifying whether momentum is aligned with market structure.
This combo prevents trades in weak, flat, or conflicting conditions.
✅ 4. Volume Spike Confirmation
Titan X uses a relative volume filter, requiring the current bar’s volume to exceed a moving average threshold.
This ensures trades are only triggered when there is clear breakout interest from market participants, helping avoid fakeouts and low-volume moves.
🎯 Trade Entry & Exit Rules
✅ Entry Conditions:
All five filters must align:
Trend direction (ZLEMA slope)
Momentum (ROC & CCI)
Trend memory (RMI)
Volume (Spike filter)
Trades are entered on the next bar after all confirmations, ensuring 100% non-repainting behavior.
✅ Take Profit System (Multi-Level TP):
TP1: Closes 50% of the position at a user-defined % gain (default: 2%)
TP2: Closes the remaining 50% of the position at a higher % gain (default: 4%)
Each TP is executed via limit order to ensure realistic and backtestable fills.
❌ No Stop Loss Used
Instead of using fixed stop losses, Titan X closes positions early when trend conditions weaken.
This dynamic exit logic is based on a reversal in ZLEMA gradient, which serves as a weak trend detection system.
⏱️ Cooldown Logic
A 1-bar cooldown is enforced between trades to avoid same-bar exit/entry violations on TradingView.
This improves execution accuracy and avoids overtrading on choppy price action.
📊 Real-Time Strategy Dashboard
Titan X includes a live dashboard that provides full transparency:
Current Position (Long / Short / Flat)
Entry Price
TP1 Hit? / TP2 Hit?
Bars Since Entry
Win Rate (%)
Profit Factor
Ideal for both manual monitoring and automated bot strategies.
🔔 Bot-Ready Multi-Exchange Alerts
Alerts can be configured for:
ENTER-LONG, ENTER-SHORT
EXIT-LONG, EXIT-SHORT
TP1 / TP2 targets
Messages are fully customizable and designed for platforms like:
WonderTrading
3Commas
TradingConnector
⚙️ Designed For:
Timeframes: 1H and 4H (optimized for crypto)
Markets: Altcoins, BTC/ETH, high-volatility pairs
Traders: Trend-followers, momentum scalpers, algo bot users
Goal: High accuracy entries, structured exits, zero repainting, and flexible trade management
⚠️ TradingView Disclosure
This strategy is provided for educational purposes only. It does not constitute investment advice, nor does it guarantee any returns. Trading carries risk; test thoroughly before using in live environments.
CoffeeShopCrypto High Timeframe Dynamic Order BlocksThis indicator automates the detection of significant order blocks in real time, from higher timeframes (Daily, Weekly, Monthly) and dynamically adapts their zone boundaries to your current chart timeframe regardless of what you change it to. By analyzing market structure across multiple time horizons, it identifies institutional-level supply/demand zones and precisely recalculates their parameters to match your active chart's resolution - whether you're viewing 1-minute or 4-hour candles or even higher.
Key Technical Features:
Multi-Timeframe Analysis: Scans daily/weekly/monthly data to identify the most significant order blocks that influence all lower timeframes
Adaptive Zone Calculation: Automatically recalculates zone boundaries when you change timeframes, maintaining accurate price levels and candle formations specific to your chart
Smart Price Action Filtering: Isolates only the relevant candles that formed each order block within your current timeframe's context
Structural Precision: Adjusts zone width and position based on the actual candle wicks/bodies that created the order block in your active timeframe.
What they look like when calculated instantly.
About Order Blocks (Market Structure Perspective):
Order blocks represent concentrated areas where institutional traders executed significant positions, creating imbalances in market structure.
These zones become:
Bullish Order Blocks: Demand areas where aggressive buying overwhelmed sellers, often appearing as consolidation before strong upward movements.
Bearish Order Blocks: Supply zones where distribution activity preceded substantial downward moves.
How It Works Differently:
The indicator identifies these critical areas by analyzing the relationship between consecutive candles' opens, highs, lows, and closes - particularly focusing on break-of-structure patterns that confirm zone validity.
Traditional order block indicators simply copy higher timeframe zones to lower charts. These common orderblocks are said be found as the candle before the candle that caused a huge market swing. In a break long, you would look backwards to find the first previous bearish candle. The opposite find would be for a break short.
This is a most unreliable method in finding orderblocks and simply is not true.
Zone Extensions. Choose how far into the future you want your zone to go to. There is no wrong number but you don't want to go too far.
This scripts performs true multi-timeframe analysis by:
Detecting the original order block formation conditions on HTFs
Drilling down to find the exact "candle sequence" that created the zone in your current timeframe.
Continuously monitoring for structural breaks that invalidate zones
Automatically adjusting all visual elements when you switch timeframes
Usage Benefits:
Eliminates manual timeframe switching to identify significant zones
Maintains visual consistency when changing chart resolutions
Provides cleaner charts by only showing relevant order blocks
Adapts to any market (Forex, Stocks, Crypto) and any timeframe combination
Breached Zones. The zone becomes invalidated but the Supply or Demand line is still relevant.
Note on Trading:
While this indicator precisely identifies order block locations, trading methodologies using these zones depend on individual strategy preferences. The tool focuses exclusively on accurate technical detection and adaptive visualization across timeframes.
How to Use Them:
As long as you don't have price action breach of a Bullish Zone Demand Floor you can keep using that zone as a bullish orderblock until its Demand Floor has been breached.
This also means you can still use its Demand Floor as a support level while the Zone itself is no longer relevant. This eliminates the orderblock ZONE as being an orderblock and now you only have a supply floor left to use as support.
As long as you don't have price action breach of a Bearish Zone Supply Wall you can keep using that zone as a bearish orderblock until its Supply Wall has been breached.
This also means you can still use its Supply Wall as a resistance level while the Zone itself is no longer relevant. This eliminates the orderblock ZONE as being an orderblock and now you only have a resistance level.
Once either has been breached, you would find liquidity behind the zone of the ordreblock. This is where price will seek support or resistance depending on the zone type.
Orderblocks has a BODY and who knew they could be so cute. I mean look at this structure.
This is how they are built and what their levels represent.
Global Market Opens by Koenigsegg🧠 Global Market Opens Filter by Koenigsegg
Track the pulse of global capital flows with surgical precision, on business days only.
This powerful tool maps the exact open levels of the world's four major trading hubs: Europe, New York, Asia, and Australia — right onto your chart in real time, while intelligently filtering out weekends when global markets are closed.
Designed for professional traders who value clarity and timing, the indicator plots clean horizontal lines at the precise open of each session (based on your defined time), with customizable visuals and fixed projection logic to keep your levels consistent and readable. The built-in weekend filter ensures you only see relevant session opens during active trading days.
Whether you're trading forex, indices, crypto, or equities, this tool gives you the tactical edge to anchor your intraday playbook around session opens — when volatility, volume, and opportunity align.
🛠️ Core Features
✅ Weekday-only filtering - Automatically excludes weekend session opens in UTC time
✅ Plotted session opens for:
- London (LSE/Europe) – "LON/AMS/PAR"
- New York (NYSE) – "NEWYORK"
- Tokyo (TSE) – "TOKYO"
- Sydney (ASX) – "AUSTRALIA"
✅ Precise horizontal lines with fixed future projection for clean chart structure
✅ Real-time session detection based on your time inputs
✅ Adjustable line length with a set number of bars ahead
✅ Custom color selection per session for clear differentiation
✅ Minimal labels for a clean, pro-grade interface
✅ Toggle each session individually to tailor it to your market hours
✅ Toggle weekend filtering to suit your specific analysis needs
✅ Built to maintain chart performance – lightweight and optimized
🌍 Why It Matters
Markets move when sessions change hands. With this tool, you can:
- Align your entries and exits with institutional activity zones
- See where price anchors or rejects during session opens
- Filter out noise from weekend sessions when markets are closed
- Build confluence with structure, liquidity grabs, and narrative shifts
This isn't just another visual tool. It's a precision clock for those who know what time it is — and trade accordingly.
⚙️ Configuration Options
Session Times - Set custom open hours and minutes for each global market open
Color Selection - Choose distinctive colors for each session line
Fixed End Position - Define how far ahead lines should project (in bars)
Weekend Filter - Toggle UTC weekend filtering on/off based on your needs
⚠️ Disclaimer
This script is for educational purposes only and does not constitute financial advice. Trading is risky and can result in significant losses. Use at your own discretion.
💡 Pro Tip
Pair this tool with your order flow, CVD, or liquidity maps to see where price respects or breaks session anchors during active trading days. The moment a session opens, watch if the buyers are in control or if the sellers are in control. With the weekend filter, you'll focus solely on market-relevant session opens when institutions are actually trading. Timing is everything — and now, you control it.
📊 Hashtags
#KoenigseggTools #TradingView #MarketOpenLines #WeekdayFilter #LSE #NYSE #TSE #ASX #SessionTrading #PriceAction #PrecisionTrading #SmartMoney #InstitutionalZones #Forex #Crypto #Equities #IntradayStrategy #GlobalOpens
3-Bar ReversalAbout the Script
This script automatically detects and plots a signal when a Three-Bar Reversal pattern appears on the chart, helping traders identify potential trend reversals with ease.
How to Use the Script
1) Add the script to your chart.
2) Customize the visual appearance to match your preferences.
3) Click "OK" to apply the changes.
Once configured, the script will highlight valid Three-Bar Reversal patterns when they form.
How the Script Works
The Three-Bar Reversal pattern consists of three consecutive candlesticks, each playing a crucial role in identifying market shifts:
First Bar: Represents the existing trend.
In a bullish reversal, the first bar is typically bearish (downward).
In a bearish reversal, the first bar is typically bullish (upward).
Second Bar: Indicates indecision or trend exhaustion.
This bar often has a smaller body (such as a doji or spinning top), showing weakening momentum.
It may also feature wicks on both sides, reflecting market uncertainty.
Third Bar: Confirms the reversal.
In a bullish reversal, the third bar closes above the high of the first bar, signaling a potential upward move.
In a bearish reversal, the third bar closes below the low of the first bar, signaling a potential downward trend.
Once the pattern is confirmed, a marker will appear below the third bar, helping traders quickly spot opportunities.
Arthavidhi Double RSI### 🔍 **Overview:**
The **Arthavidhi Double RSI** is a dual-timeframe RSI indicator designed to help traders identify trend strength and early reversals by observing momentum on **two different timeframes** simultaneously — ideal for **multi-timeframe confluence strategies**.
This version calculates and plots:
- RSI on a higher timeframe (default: **75-minute**)
- RSI on a lower timeframe (default: **5-minute**)
It helps traders **spot divergence**, **momentum shifts**, and **confirmation signals** by comparing short-term and medium-term RSI behavior in one panel.
---
### ⚙️ **Inputs:**
- `RSI Length` – Standard RSI period (default: 14)
- `Time Frame 1` – Higher timeframe for main RSI line (default: 75 minutes)
- `Time Frame 2` – Lower timeframe for secondary RSI line (default: 5 minutes)
---
### 📈 **How to Use:**
1. **Add the indicator** to your chart from the "Indicators" tab.
2. Choose your desired symbol (NIFTY, BANKNIFTY, stocks, etc.).
3. The RSI from **Time Frame 1 (e.g. 75m)** is shown in **color-coded** lines:
- 🟢 Green: RSI > 50 → Bullish momentum
- 🔴 Red: RSI < 50 → Bearish momentum
4. The RSI from **Time Frame 2 (e.g. 5m)** is shown in white, allowing comparison of short-term vs medium-term momentum.
---
### 💹 **How to Trade:**
#### ✅ **Trend Confirmation:**
- When **both RSIs are above 50**, it confirms **bullish trend** → Look for **buy entries**.
- When **both RSIs are below 50**, it confirms **bearish trend** → Look for **sell entries**.
#### 🔁 **Reversal Opportunities:**
- If the **higher timeframe RSI is above 50**, but the **lower timeframe RSI drops below 50**, it may signal **short-term pullback** or **entry opportunity** in a bullish trend.
- Vice versa for bearish trends.
#### 🟡 **Divergence Setup:**
- Look for **divergence** between price and either RSI line, especially when the higher timeframe RSI is near **overbought (70)** or **oversold (30)** zones.
---
### 🧠 **Pro Tips:**
- Combine with price action and support/resistance zones for higher accuracy.
- Works best during trending markets for pullback & continuation setups.
- Use this as part of your confluence system, not in isolation.
Quarters Theory Levels (Yotov Style)John Alex Sagwe's Quarters Theory Levels Script
This Pine Script, developed by John Alex Sagwe, is based on the concept of the "Quarters Theory" popularized by Illan Yotov. It aims to help traders identify key levels in the market using whole, half, and quarter-level calculations. The script plots major whole levels, half levels, and quarter levels above and below the current price, allowing traders to visualize potential price points where significant market action might occur.
The customizable parameters allow you to:
Set the base level and step size (for quarter levels),
Adjust the number of levels above and below the current price to be displayed,
Toggle between showing whole, half, or quarter levels,
Use price alerts when the market price nears these levels.
Whether you’re a novice or an experienced trader, this script can help you integrate the Quarters Theory into your trading strategy. It’s designed to be flexible and user-friendly, helping you visualize key market levels with ease.
Developed by: John Alex Sagwe, an avid trader and Pine Script enthusiast.
VBSMI Strategy by QTX Algo SystemsVolatility Based SMI Strategy by QTX Algo Systems
Overview
The Volatility Based SMI Strategy transforms our popular VBSMI with Dynamic Bands indicator into a fully automated strategy that traders can backtest inside TradingView. It retains all core logic from the indicator—including adaptive volatility scaling and trend-based overbought/oversold thresholds—but adds two configurable entry methods, exit conditions, and a dual-mode trade execution engine.
This script is published separately from the VBSMI indicator because some traders use VBSMI as a confluence tool within their existing system, while others prefer a rules-based strategy that can be simulated, optimized, and tracked over time. This script serves the latter use case.
How It Works
Like the original indicator, this strategy uses:
Double-Smoothed SMI Calculation: Based on smoothed momentum using EMA of the relative and full range.
Adaptive Volatility Scaling: Uses a normalized BBWP-based factor to reflect current market volatility.
Dynamic Band Adjustment: Trend direction and strength shift overbought/oversold levels upward or downward.
Band Tilt & Compression Controls: Inputs allow users to define how aggressively the bands shift with trend conditions.
What’s different is the strategy layer—you now choose from two types of entry and exit logic, and two execution styles.
🛠️ Entry & Exit Modes
There are two logic modes for both entry and exit, allowing you to adapt the strategy to your own philosophy:
Cross Mode (SMI Crosses EMA):
Entry: Buy when SMI crosses above its EMA
Exit: Close when SMI crosses below its EMA
Exit OB/OS Mode (Band Exit Logic):
Entry: Buy when price exits dynamic oversold zone (crosses back above tilted oversold band)
Exit: Close when price exits dynamic overbought zone (crosses back below tilted overbought band)
You can mix and match the modes (e.g., enter on Cross, exit on Band Exit).
⚙️ Spot vs. Leverage Mode
Spot Mode
Designed for traders who prefer long-only setups
Enters a long position and holds until the exit condition is met
Prevents overlapping trades—ensures only one position at a time
Leverage Mode
Designed for those testing bi-directional systems (e.g., long/short switching)
Automatically flips between long and short entries depending on the signals
Useful for testing symmetrical strategies or inverse conditions
Both modes work across any asset class and timeframe.
Customization Options
Users can adjust:
Smoothing K/D: Controls how fast or slow the momentum reacts
SMI EMA Length: Determines the responsiveness of the signal line
Trend Lookback Period: Influences how stable the dynamic band tilt is
Band Tilt & Compression Strengths: Refines how far bands adjust based on trend
Entry/Exit Logic Type: Choose between “Cross” or “Exit OB/OS” logic
Trading Mode: Select either "Spot" or "Leverage" depending on your use case
Why It’s Published Separately
This script is not a cosmetic or minor variation of the original indicator. It introduces:
Entry/exit logic
Order execution
Strategy testing capabilities
Mode selection (Spot vs. Leverage)
Signal logic control (Cross vs. Band Exit)
Because the original VBSMI indicator is widely used as a charting and confirmation tool, converting it into a strategy changes how it functions. This version is intended for strategy evaluation and automation, while the original remains available for discretionary and visual use.
Use Cases
This strategy is best suited for:
Evaluating VBSMI-based signals in backtests
Comparing entry and exit logic over time
Testing setups on different assets and timeframes
Automating VBSMI-based logic in a structured and risk-aware framework
Disclaimer
This strategy is for educational purposes only. It does not guarantee future results or profitability. Always test in simulation before using any strategy live, and use proper risk management and trade discipline.
3CRGANG - Histogram (Basic)This indicator provides traders with a unified view of momentum by combining multiple classic oscillators into a single histogram. By aggregating momentum signals into one visual output, it simplifies trend analysis, helping traders identify momentum shifts without managing multiple indicators separately.
What It Does
The 3CRGANG - Histogram (Basic) calculates a momentum-based histogram using a user-selected oscillator (e.g., RSI, MACD, MFI, RVI, Stochastic, Stochastic RSI, or TMASlope). The histogram is plotted with color-coded bars to indicate bullish, bearish, or neutral momentum, alongside predefined alert levels and a trend status table for quick reference.
Why It’s Useful
This script addresses the challenge of monitoring multiple momentum indicators by consolidating them into a single histogram. Each oscillator measures momentum differently (e.g., RSI tracks price strength, MACD focuses on moving average convergence, MFI incorporates volume), but the script normalizes these signals into a unified output. This reduces chart clutter and provides a clear, actionable signal for identifying trend direction, making it easier for traders to focus on key momentum shifts across various market conditions.
How It Works
The script follows these steps to generate the histogram:
Oscillator Selection: Traders choose one oscillator to base the histogram on. For example: RSI measures the speed and change of price movements, MACD tracks the relationship between two exponential moving averages, and MFI combines price and volume to measure buying/selling pressure. The choice of oscillator affects the histogram’s sensitivity to price movements.
Fast Oscillator Calculation: A fast-moving oscillator is computed using the selected method over a user-defined period (default: 8 bars). For instance, RSI calculates the relative strength of price gains versus losses, while MACD computes the difference between short and long EMAs. The result is normalized to a range centered around zero.
Histogram Plotting: The oscillator’s output is adjusted by a modification factor (default: 1) for sensitivity tuning and plotted as a histogram. Positive values indicate bullish momentum, negative values indicate bearish momentum, and values near zero suggest a lack of clear trend.
Color Coding: Bars are colored based on momentum and price direction: green for bullish momentum (price moving upward, histogram value typically positive), red for bearish momentum (price moving downward, histogram value typically negative), and grey for neutral momentum (ranging conditions or unclear trend).
Alert Levels: Predefined buy and sell levels are plotted as dotted lines to mark significant momentum thresholds. For most oscillators, levels are set at 20 (buy) and -20 (sell), representing overbought/oversold conditions based on historical performance. For TMASlope, levels are adjusted to 0.04 and -0.04, as it measures the slope of a triangular moving average relative to the average true range (ATR).
Trend Table: A table in the top-right corner displays the current timeframe’s trend status ("Buy Only," "Sell Only," or "Ranging") based on the histogram value, price direction, and alert levels, along with the histogram’s numerical value.
Underlying Concepts
The script is built on the concept of momentum aggregation, aiming to capture short-term price dynamics while filtering noise. By using a fast-moving oscillator, it emphasizes recent price action, and the histogram format provides a visual summary of momentum strength. The alert levels are derived from typical overbought/oversold thresholds for each oscillator, adjusted to ensure consistency across different methods. The trend table adds a layer of interpretation, helping traders quickly assess whether the momentum aligns with the broader trend.
Use Case
Trending Markets: In a bullish trend, green bars above the buy alert level (e.g., 20) indicate strong upward momentum, suggesting potential long entries. In a bearish trend, red bars below the sell alert level (e.g., -20) suggest short opportunities.
Ranging Markets: Grey bars or values between alert levels indicate a lack of clear momentum, prompting caution or scalping strategies.
Confirmation Tool: Use the histogram to confirm price action signals, such as breakouts or reversals, by ensuring momentum aligns with the direction of the move. For example, a breakout with green bars above the buy level may signal a stronger trend.
Settings
Choose Type: Select the oscillator to use (default: RSI - CLASSIC).
Source: Choose between Close or HL2 price data (default: Close).
Histogram Length: Set the period for oscillator calculation (options: 5, 8, 13; default: 8).
Modification Factor: Adjust the sensitivity of the histogram (default: 1).
Notes
The script supports classic oscillators only and operates on the current timeframe.
If volume data is unavailable for your ticker, MFI calculations may not work; select another oscillator to continue plotting.
Disclaimer
This indicator is a tool for analyzing market trends and does not guarantee trading success. Trading involves risk, and past performance is not indicative of future results. Always use proper risk management.
Session extensions [dani]Session Extension
Indicator Description
The Session Extensions indicator is a customizable tool designed to visually represent key price levels during a specified trading session. It calculates and displays the high, low, and midpoints of the session, along with extension levels based on user-defined multipliers. These extensions help traders identify potential support and resistance zones beyond the initial session range.
This indicator is particularly useful for intraday traders who rely on session-based analysis to make informed decisions. It overlays directly on the chart, ensuring seamless integration with price action.
Key Features
Session-Based Analysis : Tracks and highlights key price levels (high, low, midpoint) during a specific trading session.
Customizable Extension Levels : Allows users to define up to six extension levels (both above and below the session range) with unique multipliers, colors, styles, and widths.
Real-Time Updates : Automatically updates during the active session and resets at the start of a new session.
Usage Guidelines
Add the Indicator to Your Chart : Apply the Session Extensions indicator to your chart to visualize key session-based levels.
Intraday Focus : This indicator is optimized for intraday trading. Ensure that the chart's timeframe is set to an intraday interval (e.g., 1-minute, 5-minute).
Session Alignment : Verify that the session time aligns with your trading schedule and timezone. Misalignment may result in incorrect session detection. (This indicator use America - New York timezone)
Avoid Overcrowding : While the indicator supports multiple extension levels, enabling too many levels simultaneously may clutter the chart. Use discretion when configuring extension levels.
Customize Line Styles and Colors : Tailor the appearance of lines and labels to align with your trading style. Use solid, dashed, or dotted lines, and choose colors that enhance visibility without cluttering the chart.
Combine with Other Tools : Pair this indicator with other technical analysis tools (e.g., moving averages, volume profiles) to enhance decision-making.
Disclaimer & Chat
The Session Extensions indicator is intended for educational and analytical purposes only. It does not provide financial advice or guarantee trading success. Users are responsible for verifying the accuracy of session times and ensuring proper configuration before using the indicator in live trading. This indicator is not a trading signal generator.
Thank you for choosing this indicator! I hope it becomes a valuable part of your trading toolkit. Remember, trading is a journey, and having the right tools can make all the difference. Whether you're a seasoned trader or just starting out, this indicator is designed to help you stay organized and focused on what matters most—price action. Happy trading, and may your charts be ever in your favor! 😊
From, Dani.
Initiative Analysis AdvancedInitiative Analysis Indicator
📊 Initiative Analysis (IA) Indicator
Initiative Analysis (IA) is an innovative technical analysis tool based on a unique concept of visualizing and analyzing the real battle between buyers and sellers.
🔍 What is IA and how does it work?
IA identifies initiatives on the chart — directional price moves caused by the actions of buyers or sellers. These initiatives form the three key phases of the market:
• Sideways range (consolidation)
• Trend
• Transitional period
Each initiative has a time limit and a price range. This helps traders clearly see:
• Who currently controls the market;
• What key levels and activity zones are forming;
• Where the price is likely to meet support or resistance.
________________________________________
📘 Main Features and How to Read the Chart
✅ Identifying Buyer and Seller Initiatives (Dominant Zones)
• A blue background shows a buyer’s initiative — buyers control the market and price is expected to rise (colors can be customized).
• A red background shows a seller’s initiative — sellers control the market and price is expected to fall.
✅ Key Price Levels
• The bottom edge of the blue zone = potential demand/support level.
• The top edge of the red zone = potential supply/resistance level.
• The blue line = potential target level during bullish phases.
• The red line = potential target level during bearish phases.
✅ Levels Inside Initiatives
• The indicator can show up to 5 levels inside each initiative (like Fibonacci levels), which you can set manually in the settings.
✅ Multi-Timeframe Analysis
• Visual elements (initiatives, levels, targets) are shown for two timeframes at once: the current chart timeframe and a higher timeframe of your choice.
• This helps to do full analysis without switching charts.
✅ Key Candles in Initiative Analysis
• KC (Key Candle): the candle with the highest volume within an Initiative.
• tKC (Temporary Key Candle): a temporary high-volume candle that forms after the KC. It may become the new KC if the Initiative extends beyond the previous range.
• IKC (Internal Key Candle): the candle with the highest volume among Initiatives that form inside a sideways range. If KC/tKC and IKC appear in opposite directions within the same Initiative, IKC takes priority.
One possible approach for finding long setups: look for a buyer-side KC, tKC, or IKC within the lower 50% of the Initiative, or a seller-side KC/tKC/IKC on the lower boundary that has been absorbed by buyers. The reverse applies when looking for short setups.
✅ Buyer and seller zones within Initiative:
• Red rectangles represent seller zones. It is preferable to look for sell patterns within the price range of the seller zone when the price returns to that area.
• Blue rectangles represent buyer zones. It is preferable to look for buy patterns within the price range of the buyer zone when the price returns to that area.
✅ Customization
• All colors and elements can be easily adjusted to fit your trading style.
________________________________________
💡 Why is IA useful for traders?
• Color-coded zones make market context easy to understand: who’s in control, key levels, possible initiative change;
• Saves a lot of time on market analysis;
• Helps find return zones and high-potential entry points;
• Helps forecast potential price targets;
• Makes reading market structure simple and clear.
You can learn more about the Initiative Analysis in the related posts.
A New Approach to Market Analysis: How IA Simplifies Trading
Where to find Trading opportunities?
Uptrick: Stellar NexusOverview
Uptrick: Stellar Nexus is a multi-layered chart tool designed to help traders visualize market behavior with enhanced clarity and depth. It presents various overlays, signal triggers, and an asset-level behavioral table in one cohesive interface. Its core focus is to illustrate how different market states shift over time. By displaying directional structures, dynamic zones, momentum shifts, and a real-time probability assessment of multiple assets, it aims to deliver a comprehensive perspective for those looking to navigate complex market environments more confidently.
Purpose
The primary purpose of Stellar Nexus is to unify several market assessment methods into a single framework, sparing users the need to rely on multiple disjointed indicators. It is especially useful for traders who value having layered signals, interactive overlays, and a quick reference to asset-specific metrics within one tool. By consolidating multiple market insights, the script aspires to reduce guesswork, limit information overload, and present clear triggers for potential trade opportunities or risk management decisions.
Originality
Stellar Nexus stands out because it relies on a proprietary set of logic layers, each carefully designed to detect nuanced shifts in price movement. The script brings forward a streamlined depiction of underlying market changes through color-coded zones, shape markers, and short textual tags. Its architecture also accommodates multiple “modes” of viewing the market—be it through layered cloud structures, trend ribbons, or step-based overlays—so traders can adapt its outputs to match changing conditions. The presence of a specialized probability table and a real-time market state meter (HUD Meter) further underscores its uniqueness, providing at-a-glance scoring for various instruments and a gauge that visually displays ongoing transitions from trending to ranging phases.
Inputs
Stellar Nexus includes several user-configurable settings, organized into themed groups. Each input subtly modifies how information is derived or rendered on the chart:
General
Silken Veil (integer input) : Governs how smooth or responsive various underlying signals will appear.
Canvas (dropdown) : Chooses the primary visual overlay style among Nebula Trail, Velora, or Stellar Stepfilter.
Signals (dropdown) : Selects which built-in signal engine (Fluxor or Flowgen) is responsible for painting buy and sell markers.
Nova Tension (integer input) : Influences the internal motion sensitivity used by certain triggers.
Astral Ribbon (integer input) : Imparts a broader directional bias layer that can highlight whether the current environment is bullish or bearish.
Bands
Phase Delay (integer input) : Impacts baseline offsets for certain dynamic band calculations.
Band Softener (float input) : Creates a blended baseline, balancing two distinct smoothing techniques.
Spread Factor (float input) : Scales how wide or narrow the generated envelope bands become.
Layer Offset (float input) : Adjusts spacing between multiple layered boundaries in the band structure.
Smooth Mode (dropdown boolean) : Toggles an extra layer of smoothing on or off for the plotted envelopes.
Feed Matrix
Burst (integer input) : Adjusts how the Flowgen engine interprets momentum buildup. Higher values generally lead to more conservative signals.
Delta Curve Sync (integer input) : Alters the sensitivity of directional alignment within the Flowgen system, refining how quickly the script adapts to market slope changes.
Lambda Pulse Shift (integer input) : Controls timing offsets within the Flowgen structure, subtly influencing the trigger timing of transitions.
Sync Drift Limit (integer input) : Provides a stabilizing effect on the internal motion detection engine, helping reduce erratic behavior during choppy conditions.
WMA Open Filter Tunnel (integer input) : Filters signal validity by applying a dynamic range check on opening price structures, reducing false positives in unstable markets.
Probability Table
Show Predictability Table (boolean) : Enables or disables a table of asset metrics.
Show Numeric Values (boolean) : Switches between displaying numeric values and using simple directional markers in the table cells.
Stepfilter
Sensitivity (dropdown) : Offers a range of speed profiles (Very Fast to Very Slow and TURTLE option) that define how quickly or slowly the step-based overlay reacts to price changes.
HUD Meter
Show Stellar HUD Meter (boolean) : Turns on or off a specialized gauge for quick insight into trending vs. ranging conditions.
Take Profit Signals
Show TP Signals (boolean) : Determines whether exit or take-profit markers are displayed after certain conditions have been met.
Phase Length (integer input) : Influences the internal baseline used for the exit signal logic.
Sync Channel (integer input) : Sets a period within which different data points are compared or synced.
Filter (integer input) : Imposes an additional smoothing on exit-related cues.
Features
Signals (Fluxor and Flowgen)
Fluxor
Logic: Fluxor focuses on detecting specific price transitions, validating them against an internal directional and momentum layer, and then confirming the move based on the script’s overarching market bias.
Visual Representation: When Fluxor is activated, up and down label markers (“▲+” or “▼+”) appear at points the system regards as noteworthy transitions. These do not guarantee trades but are designed to guide users on when buying or selling pressure may have intensified or reversed.
How It Helps: Fluxor is streamlined for those who want simpler, clearer triggers that factor in both trend alignment and short-term motion shifts. This option is more for mean reversion traders.
Flowgen
Logic: Flowgen employs a slightly more sophisticated approach that evaluates multiple “environmental layers,” including structural alignment, directional slope checks, and distinct open-state filters.
Visual Representation: When Flowgen senses a valid transition, it prints discrete up and down markers, much like Fluxor, but triggered by different, multi-layer considerations.
How It Helps: Flowgen caters to traders who desire more emphasis on layered agreement—where multiple aspects of the market must line up before a signal is shown. This option is more for trend following traders.
Overlays (Nebula Trail, Velora, Stellar Stepfilter)
Nebula Trail
Purpose: This indicator employs dynamic, color-coded bands around price action to illustrate prevailing market bias and track which side—bulls or bears—wields greater influence, aligning with a trend-following approach.
Usage: This indicator creates outer and inner “band” regions that can function as potential support or resistance in alignment with market momentum. In bullish phases, the cloud below price acts as a supportive barrier, whereas during bearish conditions, the cloud above price provides a point of resistance. When a bearish signal is detected, traders may enter short positions on a price bounce off this band and then exit when subsequent take-profit cues appear, effectively leveraging the band for both entry and exit strategies.
Velora
Purpose: Extends the concept of band visualization into layered “tiers,” giving a more fine-grained view of how price transitions from one band to another.
Representation: Zones are subdivided into multiple steps, each with distinct shading. As the script’s internal logic detects shifts between bullish or bearish conditions, these layered bands expand or contract to reflect changing momentum.
Usage: Velora subdivides zones into multiple steps, each featuring distinct shading. As the script's internal logic detects shifts between bullish or bearish conditions, these layered bands expand or contract, signaling changes in momentum. When price enters the upper band, especially if the HUD meter shows less definitive momentum, it may hint at a non-trending environment; conversely, in a bearish scenario, the lower band can act as potential support. Narrower bands often point to an impending breakout, while wider bands can suggest a possible reversion in price. Velora is well-suited for traders wanting to see more intermediate zones where the market may hesitate or show partial confirmation—ideal for refined entries or exits.
Smooth:
Choppy:
Stellar Stepfilter
Purpose: Focuses on a persistent directional line that only updates when the script’s logic deems a genuine shift is taking place.
Representation: A single line plots on the chart to represent the “locked” direction. During periods of noise or indecision, this line may remain static, reducing false signals. Optionally, bars can be recolored to reflect bullish or bearish states.
Usage: Traders who prefer a minimalistic, stand-back approach often select Stellar Stepfilter for its ability to filter out choppy conditions and highlight clearer momentum strides. When the line remains flat—particularly in the very slow or “turtle” mode—it signals a ranging market, offering valuable insight into periods of reduced volatility. In TURTLE mode, bars are recolored green or orange to reflect locked trend direction more visibly. TURTLE mode offers the most conservative setting within the Stepfilter engine, emphasizing stability and clarity by reacting only to the strongest directional conditions and visually reinforcing its state through bar coloring.
Very Fast
Very Slow
TURTLE Mode
Probability Table
Description: The Probability Table is displayed on the top-right corner (by default). It automatically fetches data for a handful of assets (in this case, five popular cryptocurrencies), then scores each asset on multiple behavioral metrics. By default, the Probability Table monitors SOL, BTC, ETH, BNB, and XRP from Binance.
Metrics Explained:
HV: Suggests how the asset’s price is fluctuating relative to a standard reference.
ATR/Vol: A ratio that provides insight into volatility compared to trading activity.
WBR: Compares candle wicks against their bodies to gauge the frequency of price swings outside an open-close range.
Liq Clust: Indicates if there are pockets of stable or unstable liquidity.
Momentum: Observes shifts in buying or selling pressure.
PRI: Shows a baseline measure of how far price has deviated from a certain average over time.
Final Verdict: Based on each metric’s reading, an overall classification emerges: Predictable, Moderate, or Chaotic.
How It Helps: Traders can quickly scan this table to see if an asset’s environment is “Predictable” (potentially more structured), “Moderate” (balanced or transitional), or “Chaotic” (unstable and riskier). Each cell can optionally show either numeric approximations or simple “up/down” arrows to reduce clutter.
Non Numeric Values
Numeric Values
Stellar HUD Meter
Description: Located at the top center of the chart, this horizontal gauge toggles between “Trending” and “Ranging,” representing how firmly price is locked in directional expansion versus sideways hesitation.
Mechanics (General): The gauge increments or decrements over time, smoothing out abrupt shifts. A pointer slides across the meter, indicating whether conditions are leaning more toward persistent momentum or uncertain, choppy movement.
How It Helps: This immediate visual feedback helps traders decide if momentum strategies or mean-reversion approaches are more suitable at a given moment, avoiding reliance on guesswork alone.
Take Profit Signals
Description: After any buy or sell trigger occurs (either through Fluxor or Flowgen), the script can flag up to three potential exit points.
Trigger Logic (General): These exits appear when certain internal checks sense that short-term upside or downside pressure may be waning.
Representation: Small markers (“X”) appear near the top or bottom of the candle.
How It Helps: Rather than passively holding a position, these optional signals remind traders of possible exhaustion points. If they choose to follow them, it can help secure partial or full profits during a trend.
Why more than one indicator?
Having more than one internal indicator engine allows Stellar Nexus to adapt to different market behaviors and personal trading styles. Sometimes traders require swift, high-frequency triggers (Fluxor). Other times, they prefer more layered agreement before taking a position (Flowgen). Similarly, each overlay—Nebula Trail, Velora, and Stellar Stepfilter—offers a distinct method for visualizing price action. Markets are dynamic, and no single representation is ideal for all conditions. By blending multiple approaches into one script, Stellar Nexus provides flexibility: a user can switch between sets of signals or overlays based on market phase, personal risk preference, or the timeframe being traded.
Additional Features
Alert System: Built-in alerts for every trigger or state change ensure that traders can receive real-time notifications, even when away from the chart. The alert system includes buy/sell triggers, trend shifts, overlay transitions, take-profit points, and predictability status changes across monitored assets.
Selective Visibility: Users can enable or disable various modules—Probability Table, HUD Meter, Take Profit Signals—to keep their chart interface uncluttered.
State Persistence: Certain modules “lock in” their reading until a strong reason emerges to change it, which can help minimize false flips in volatile conditions.
Tailored Aesthetics: Color choices and label styling are curated to be visually distinct, reducing confusion when multiple signals or overlays occur simultaneously.
Conclusion
Uptrick: Stellar Nexus is a comprehensive, multi-layer script that merges aesthetic clarity with functional depth. It combines diverse overlays, signal engines, probability analyses, and a heads-up market meter into one cohesive tool. By handling trending vs. ranging states, evaluating asset predictability, and offering selective take-profit cues, it serves as a versatile companion for traders who want organized, visually intuitive guidance. Its originality is found not only in how it disguises internal computations, but in the ease with which users can cycle through different overlays and signals to suit changing market conditions. As always, personal due diligence, market awareness, and risk management remain essential. Stellar Nexus simply provides a refined canvas on which to read and interpret price action more confidently.
Disclaimer
This indicator is provided solely for informational and educational purposes. It does not constitute investment advice or a recommendation to engage in any trading activities. Trading and investing in financial markets involve significant risk, and past performance is not indicative of future results. Always conduct your own research, utilize proper risk management, and consider consulting a qualified financial professional before making any investment decisions. Neither the creator nor any contributors to this script accept any liability for financial losses or damages arising from its use. Users of this indicator assume full responsibility for their trading activities.
SuperTrend Momentum OscillatorOverview
The SuperTrend Momentum Oscillator (SMO) is a powerful technical analysis tool designed to identify trend direction and strength in financial markets. It combines short-term and long-term oscillator calculations to provide traders with a comprehensive view of market conditions through an intuitive candle-based visualization system.
Key Features
Dual-period oscillator system (short-term and long-term)
Candle-based visualization showing trend direction and alignment
Color-coded trend direction based on the main (slower) trend line
Candle size reflecting alignment between fast and slow components
High-confidence "Super" signals (green diamonds for buys, purple diamonds for sells)
Market liquidity insights through oscillator readings
Understanding the Candle Visualization
Main Trend vs. Fast Money
The SMO uses two key components that work together:
Main Trend Line (Slower): The longer-period oscillator that acts as the primary trend indicator
Dictates the overall color of the candles (green for uptrend, red for downtrend)
Represents the dominant market direction
Fast Line (Quicker): The shorter-period oscillator that reacts more quickly to price changes
Helps determine the size of candles through its alignment with the main trend
Represents "fast money" or shorter-term price reactions
Candle Components and Their Meaning
1. Candle Color
The color of each candle is determined by the direction of the main trend line:
Green Candles: Main trend line is rising (bullish)
Indicates an overall uptrend regardless of short-term fluctuations
Remains green even when the fast line temporarily moves against the trend
Red Candles: Main trend line is falling (bearish)
Indicates an overall downtrend regardless of short-term fluctuations
Remains red even when the fast line temporarily moves against the trend
2. Candle Body Size
The body size of each candle represents the alignment between fast and main trend lines:
Large Bodies: Both fast and main trend lines are moving in the same direction
Trading Action: Strong confirmation of the trend direction
Confidence Level: High confidence signals
Small Bodies: Fast line is moving against the main trend line
Trading Action: Exercise caution; potential for temporary pullback or consolidation
Confidence Level: Lower confidence in immediate continuation
3. Wick Length
Wicks (shadows) provide additional information about price rejection and volatility:
Long Wicks: Indicate price rejection and potential volatility
Trading Action: Be cautious of trend continuation when long wicks appear
Confidence Level: Reduced confidence in immediate trend continuation
Short Wicks: Indicate strong directional control with minimal rejection
Trading Action: More confidence in trend continuation
Confidence Level: Higher confidence in the current trend direction
Candle Patterns Over Time
The progression of candles provides valuable trend information:
Large Green Candles: Main trend is up and fast line confirms (strong bullish)
Trading Action: Consider entering or adding to long positions
Confidence Level: High confidence in uptrend
Small Green Candles: Main trend is up but fast line is moving down (caution in uptrend)
Trading Action: Hold existing long positions but wait before adding
Confidence Level: Moderate confidence in uptrend, possible short-term pullback
Large Red Candles: Main trend is down and fast line confirms (strong bearish)
Trading Action: Consider entering or adding to short positions
Confidence Level: High confidence in downtrend
Small Red Candles: Main trend is down but fast line is moving up (caution in downtrend)
Trading Action: Hold existing short positions but wait before adding
Confidence Level: Moderate confidence in downtrend, possible short-term bounce
Super Signals - High Confidence Trading Opportunities
The SMO focuses exclusively on high-confidence "Super" signals:
Green Diamond Super Buy Signals
Meaning: Both short-term and long-term oscillators are generating buy signals simultaneously
Visual Indicator: Green diamond markers at the bottom of the indicator (0 level)
Trading Action: Strong entry signal for long positions
Confidence Level: High confidence signal, especially when accompanied by large green candles
Purple Diamond Super Sell Signals
Meaning: Both short-term and long-term oscillators are generating sell signals simultaneously
Visual Indicator: Purple diamond markers at the top of the indicator (100 level)
Trading Action: Strong entry signal for short positions or exit signal for long positions
Confidence Level: High confidence signal, especially when accompanied by large red candles
Market Liquidity Concept
The SMO provides a unique perspective on market conditions that goes beyond traditional oscillator interpretations:
Low Oscillator Readings (Below 20)
When the oscillator shows low readings (below 20), this indicates:
Traditional interpretation: Market is oversold, potential for upward reversal
Liquidity interpretation: Insufficient money in the market
This suggests thin trading conditions where large orders may have outsized impact
Price movements may be more erratic and less predictable
Breakouts may lack follow-through due to insufficient participation
High Oscillator Readings (Above 80)
When the oscillator shows high readings (above 80), this indicates:
Traditional interpretation: Market is overbought, potential for downward reversal
Liquidity interpretation: Abundant money in the market
This suggests deep trading conditions with high participation
Price movements tend to be more orderly and trend-based
Breakouts may have stronger follow-through due to high participation
Trading Strategies with SMO
Strategy 1: Main Trend with Alignment Confirmation
This strategy uses the main trend direction with alignment confirmation:
Entry Criteria:
Main trend direction is established (green or red candles)
Fast line aligns with main trend (large candles)
Super signal confirms (green or purple diamond)
Exit Criteria:
For long positions: When candles turn red or Super Sell signal appears
For short positions: When candles turn green or Super Buy signal appears
Stop Loss Placement:
For long positions: Below recent swing low
For short positions: Above recent swing high
Strategy 2: Counter-Trend Opportunity Detection
This strategy identifies potential counter-trend opportunities:
Entry Criteria:
Small candles appear (indicating disagreement between fast and main trend lines)
Oscillator reaches extreme levels (above 80 or below 20)
Wait for candle color change before entering
Position Sizing:
Use smaller position sizes for counter-trend trades
Increase size only when main trend confirms the new direction
Exit Criteria:
Take profit at the first sign of alignment in the opposite direction
Use tighter stops than with trend-following trades
Strategy 3: Market Liquidity Strategy
This strategy incorporates the market liquidity concept:
For Low Liquidity Conditions (Readings below 20):
Wait for Super Buy signals (green diamond)
Use smaller position sizes
Be prepared for potentially erratic price movements
Look for signs of increasing liquidity (expanding candle bodies) before adding to positions
For High Liquidity Conditions (Readings above 80):
Consider holding positions longer despite "overbought" readings
Use trailing stops to capture extended moves
Be aware that trends may persist longer than expected
Practical Trading Scenarios
Scenario 1: Strong Trend Confirmation
Candle Pattern: Series of large green candles (main trend up, fast line confirms)
Signal: Green diamond Super Buy marker at the bottom (0 level)
Background: Intensifying green gradient
Action: Enter long position with confidence
Stop Loss: Below recent swing low
Take Profit: When candles become small or turn red
Scenario 2: Trend Weakening Detection
Candle Pattern: Green candles becoming smaller (main trend still up, but fast line diverging)
Signal: No new signals
Background: Fading green gradient
Action: Tighten stops on long positions, prepare for potential reversal
Reasoning: Fast money is starting to move against the main trend
Scenario 3: Trend Reversal Identification
Candle Pattern: Transition from small green candles to red candles (main trend changing)
Signal: Appearance of purple diamond Super Sell marker at the top (100 level)
Background: Changing from green to red gradient
Action: Exit long positions and potentially enter short positions
Timing: Most effective when reversal occurs near overbought (80) level
Consecutive Small CandlesThis script identifies relatively "small" candles based on their being smaller than a maximum size you set based on the instrument and your own criteria. Default is 5, as I use this indicator largely on CL which rarely has candles smaller than 3 ticks but frequently greater than 5.
It identifies 2 or more consecutive candles to help identify patterns similar to Bob Volman's Double Doji Break methodolgy. Written by Grok 3.
