MACD Signal with Williams %R ColoringA simple fused indicator of 2, 1) MACD signal lines made colouring when 2) Williams % R is in overbought or oversold. not my own coding, just took two readily available indicators and coded them together.
Oscillators
NAIFCHART_NAS Ultimate Algo | Remastered+# NAIFCHART NAS Ultimate Algo Remastered+: Advanced Trend Following System
## Overview
The NAIFCHART NAS Ultimate Algo Remastered+ represents a sophisticated trend-following system that combines Supertrend analysis with multiple moving average confirmations. This comprehensive indicator was developed and shared by the trading community at t.me designed specifically for identifying high-probability trend continuation and reversal opportunities.
## Core Algorithm Components
**Supertrend Foundation**: The primary signal generation relies on a customizable Supertrend indicator with adjustable sensitivity (1-20 range). This adaptive trend-following tool uses Average True Range calculations to establish dynamic support and resistance levels that respond to market volatility.
**SMA Confirmation Matrix**: Multiple Simple Moving Averages (SMA 4, 5, 9, 13) provide layered confirmation for signal strength. The algorithm distinguishes between regular signals and "Strong" signals based on SMA 4 vs SMA 5 relationship, offering traders different conviction levels for position sizing.
**Trend Ribbon Visualization**: SMA 21 and SMA 34 create a visual trend ribbon that changes color based on their relationship. Green ribbon indicates bullish momentum while red signals bearish conditions, providing immediate visual trend context.
**RSI-Based Candle Coloring**: Advanced 61-tier RSI system colors candles with gradient precision from deep red (RSI ≤20) through purple transitions to bright green (RSI ≥79). This visual enhancement helps traders instantly assess momentum strength and overbought/oversold conditions.
## Signal Generation Logic
**Buy Signal Criteria**:
- Price crosses above Supertrend line
- Close price must be above SMA 9 (trend confirmation)
- Signal strength determined by SMA 4 vs SMA 5 relationship
- "Strong Buy" when SMA 4 ≥ SMA 5
- Regular "Buy" when SMA 4 < SMA 5
**Sell Signal Criteria**:
- Price crosses below Supertrend line
- Close price must be below SMA 9 (trend confirmation)
- Signal strength based on SMA relationship
- "Strong Sell" when SMA 4 ≤ SMA 5
- Regular "Sell" when SMA 4 > SMA 5
## Advanced Risk Management System
**Automated TP/SL Calculation**: The indicator automatically calculates stop loss and take profit levels using ATR-based measurements. Risk percentage and ATR length are fully customizable, allowing traders to adapt to different market conditions and personal risk tolerance.
**Multiple Take Profit Targets**:
- 1:1 Risk-Reward ratio for conservative profit taking
- 2:1 Risk-Reward for balanced trade management
- 3:1 Risk-Reward for maximum profit potential
**Visual Risk Display**: All risk management levels appear as both labels and optional trend lines on the chart. Customizable line styles (solid, dashed, dotted) and positioning ensure clear visualization without chart clutter.
**Dynamic Level Updates**: Risk levels automatically recalculate with each new signal, maintaining current market relevance throughout position lifecycles.
## Visual Enhancement Features
**Customizable Display Options**: Toggle trend ribbon, TP/SL levels, and risk lines independently. Decimal precision adjustments (1-8 decimal places) accommodate different instrument price formats and personal preferences.
**Professional Label System**: Clean, informative labels show entry points, stop losses, and take profit targets with precise price levels. Labels automatically position themselves for optimal chart readability.
**Color-Coded Momentum**: The gradient RSI candle coloring system provides instant visual feedback on momentum strength, helping traders assess market energy and potential reversal zones.
## Implementation Strategy
**Timeframe Optimization**: The algorithm performs effectively across multiple timeframes, with higher timeframes (4H, Daily) providing more reliable signals for swing trading. Lower timeframes work well for day trading with appropriate risk adjustments.
**Sensitivity Adjustment**: Lower sensitivity values (1-5) generate fewer but higher-quality signals, ideal for conservative approaches. Higher sensitivity (15-20) increases signal frequency for active trading styles.
**Risk Management Integration**: Use the automated risk calculations as baseline parameters, adjusting risk percentage based on account size and market conditions. The 1:1, 2:1, 3:1 targets enable systematic profit-taking strategies.
## Market Application
**Trend Following Excellence**: Primary strength lies in capturing significant trend movements through the Supertrend foundation with SMA confirmation. The dual-layer approach reduces false signals common in single-indicator systems.
**Momentum Assessment**: RSI-based candle coloring provides immediate momentum context, helping traders assess signal strength and potential continuation probability.
**Range Detection**: The trend ribbon helps identify ranging conditions when SMA 21 and SMA 34 converge, alerting traders to potential breakout opportunities.
## Performance Optimization
**Signal Quality**: The requirement for both Supertrend crossover AND SMA 9 confirmation significantly improves signal reliability compared to basic trend-following approaches.
**Visual Clarity**: The comprehensive visual system enables rapid market assessment without complex calculations, ideal for traders managing multiple instruments.
**Adaptability**: Extensive customization options allow fine-tuning for specific markets, trading styles, and risk preferences while maintaining the core algorithm integrity.
## Community Resources
Join the active trading community at t.me for ongoing discussions about optimization techniques, market analysis, and strategy refinements using this advanced algorithm system.
The collaborative environment provides valuable insights into parameter adjustments for different market conditions and real-world performance feedback from experienced traders.
## Conclusion
The NAIFCHART NAS Ultimate Algo Remastered+ combines proven trend-following principles with modern visual enhancements and comprehensive risk management. The algorithm's strength lies in its multi-layered confirmation approach and automated risk calculations, providing both novice and experienced traders with clear signals and systematic trade management.
Success with this system requires understanding the relationship between signal strength indicators and adapting sensitivity settings to match current market conditions. The comprehensive visual feedback system enables rapid decision-making while the automated risk management ensures consistent trade parameters.
Practice with different sensitivity settings and timeframes to optimize performance for your specific trading style and risk tolerance. The algorithm's systematic approach provides excellent framework for disciplined trend-following strategies across various market environments.
NAIFCHART_Algo Pro# NAIFCHART Algo Pro: Advanced Candlestick Pattern Analysis Tool
## Overview
The NAIFCHART Algo Pro indicator represents an innovative approach to candlestick pattern analysis, combining traditional engulfing patterns with advanced technical filters. This indicator was developed and shared by the trading community at t.me focusing on high-probability reversal signals through multi-layered confirmation.
## Core Algorithm Components
**Candle Stability Index**: Measures the ratio between candle body and total range (including wicks). Higher values indicate more decisive price action with stronger conviction. Default setting of 0.5 ensures only stable, well-formed candles generate signals, filtering out indecisive market conditions.
**RSI Momentum Filter**: Utilizes 14-period RSI with customizable threshold (default 50) to confirm overbought/oversold conditions. Buy signals require RSI below the threshold, while sell signals need RSI above the inverse threshold, ensuring momentum alignment with pattern direction.
**Candle Delta Analysis**: Examines price movement over a specified period (default 5 candles) to confirm directional bias. This filter ensures patterns occur after meaningful price moves in the opposite direction, increasing reversal probability.
**Engulfing Pattern Recognition**: Identifies classic bullish and bearish engulfing formations where the current candle completely engulfs the previous candle's body, indicating potential momentum shift.
## Signal Generation Logic
**Buy Signal Criteria**:
- Bullish engulfing pattern formation
- Candle stability above threshold level
- RSI below specified threshold (oversold condition)
- Price decrease over the delta length period
- Confirmed bar state (prevents repainting)
**Sell Signal Criteria**:
- Bearish engulfing pattern formation
- Candle stability above threshold level
- RSI above inverse threshold (overbought condition)
- Price increase over the delta length period
- Confirmed bar state (prevents repainting)
## Advanced Features
**Signal Filtering**: Optional "Disable Repeating Signals" feature prevents signal clusters by blocking consecutive identical signals. This enhances chart clarity and reduces noise in trending markets where multiple patterns might form in sequence.
**Visual Customization**: Multiple label styles including text bubbles, triangles, and arrows with full color customization. Label sizes range from tiny to huge, allowing adaptation to different chart configurations and personal preferences.
**Alert Integration**: Built-in alert system notifies traders immediately when buy or sell conditions are met, enabling real-time trade execution without constant chart monitoring.
## Implementation Strategy
**Timeframe Optimization**: The indicator performs effectively across multiple timeframes, with higher timeframes (1-hour and above) providing more reliable signals due to reduced market noise. Shorter timeframes require more conservative position sizing due to increased false signal probability.
**Parameter Tuning**:
- Increase Candle Stability Index for more selective signals in volatile markets
- Adjust RSI threshold based on market conditions (lower for trending markets, higher for ranging conditions)
- Modify Candle Delta Length for different trend confirmation periods
**Risk Management**: Combine signals with proper stop loss placement below/above the engulfing pattern's extreme points. Consider position sizing based on pattern strength and overall market context.
## Market Application
**Reversal Trading**: Primary application focuses on identifying high-probability reversal points after extended moves. The multi-filter approach significantly reduces false signals compared to basic engulfing pattern strategies.
**Trend Confirmation**: In trending markets, signals align with pullback completion, providing optimal entry points for trend continuation strategies. The RSI and delta filters help identify temporary retracements rather than trend changes.
**Range Trading**: Within sideways markets, signals often occur near range boundaries, providing effective support and resistance bounce opportunities with clearly defined risk parameters.
## Performance Optimization
**Market Selection**: The indicator performs best on liquid instruments with clear candlestick formations. Avoid extremely volatile or thin markets where patterns may be less reliable.
**Session Timing**: Consider trading sessions when focusing on specific markets. Major session overlaps often provide clearer patterns due to increased participation and volume.
**Confirmation Techniques**: While the indicator provides internal filtering, additional confirmation through volume analysis, key support/resistance levels, or broader market context enhances signal reliability.
## Community Resources
Access ongoing strategy discussions and optimization techniques through the source community at t.me where traders share practical applications and parameter adjustments for different market conditions.
The collaborative environment provides valuable insights into optimal settings for various trading styles and market environments, along with real-time feedback on signal quality and performance.
## Conclusion
NAIFCHART Algo Pro offers a sophisticated approach to candlestick pattern trading through intelligent filtering and confirmation mechanisms. The indicator's strength lies in combining traditional pattern recognition with modern technical analysis filters, creating a robust framework for identifying high-probability reversal opportunities.
Success with this tool requires understanding each component's role in signal generation and adapting parameters to match current market conditions and personal trading style. The community-driven development ensures practical relevance and ongoing refinement based on real trading experiences.
Practice with demo accounts to develop familiarity with signal timing and optimal parameter settings before live implementation. The indicator's systematic approach provides clear entry signals while maintaining flexibility for different risk management and position sizing strategies.
Advanced Trend Panel v3.1This is a comprehensive dashboard indicator designed to give traders a multi-faceted view of the market at a single glance. It combines key indicators across multiple timeframes, calculates trend duration, and presents all information in a clean, color-coded table. This tool is perfect for confirming trade ideas, identifying trend alignment, and understanding the underlying market dynamics.
#### Key Features:
* **All-in-One Dashboard:** A convenient on-chart table summarizes the state of multiple key indicators, saving you screen space and time.
* **Multi-Timeframe (MTF) Forecast:** Analyzes the long-term trend on a higher timeframe (e.g., Daily) to provide context for the current chart's trend.
* **Trend Analysis:** Uses dual sets of EMAs (long-term and short-term) to define the primary and immediate trend directions.
* **Trend Duration:** A unique feature that calculates how long the current short-term and long-term trends have been active, helping you gauge trend maturity.
* **Core Indicators Included:**
* **ADX:** Measures trend strength to differentiate between strong trends and weak or sideways markets.
* **RSI:** Identifies overbought and oversold conditions.
* **Point of Control (POC):** Shows the price level with the highest traded volume over a lookback period, acting as a key level of support/resistance.
* **Volume:** Compares current volume to its moving average to spot unusual activity.
* **Customizable Alerts:** Set up alerts for trend changes (long-term or short-term), RSI crossing into overbought/oversold zones, or shifts in ADX trend strength.
#### How to Use:
1. Apply the indicator to your chart.
2. In the settings, configure the timeframes, indicator lengths, and display options to match your trading style.
3. Use the table to quickly assess if the long-term trend, short-term trend, and momentum are aligned.
4. Enable alerts to be notified of key changes in market conditions without having to watch the chart constantly.
**Disclaimer:** This script is for educational purposes only and should not be considered financial advice. All trading involves risk. Past performance is not indicative of future results. Please backtest and use this tool as part of a comprehensive trading plan with proper risk management.
Feedback is always welcome! If you find this indicator useful, please leave a like.
SwingTrade ADX Strategy v6This is a swing trading strategy that combines VWAP (Volume Weighted Average Price), ADX (Average Directional Index) for trend strength, and volume ratios to generate long/short entry and exit signals. It's designed for daily charts but can be adapted.
#### Key Features:
- **Entries**: Based on VWAP crossovers, rising/falling delta (price deviation from VWAP), ADX trend confirmation, and volume ratios.
- **Exits**: Dynamic exits when VWAP delta reverses after a peak.
- **Filters**: Optional toggles for VWAP signals, ADX, and volume. Backtest date range for custom periods.
- **Visuals**: VWAP line, signal shapes/labels, and an info panel showing key metrics (VWAP Delta %, ADX, Volume Ratio).
- **Alerts**: Built-in alerts for buy/sell entries and exits.
#### How to Use:
1. Apply to your chart (e.g., stocks, forex, crypto).
2. Adjust parameters in the settings (e.g., ADX threshold, volume period).
3. Enable/disable indicators as needed.
4. Backtest using the date filters and review equity curve.
**Disclaimer**: This is for educational purposes only. Past performance is not indicative of future results. Not financial advice—trade at your own risk. Backtest thoroughly and use with proper risk management.
Feedback welcome! If you find it useful, give it a like.
RSI SMA 7 Signal Strategy (No 50 Level)Script uses SMA 7 Perio and 14 Period RSI
If SMA crosses 40 RSI level from below consider it a buy zone or buy signal, if SMA crosses from below 60 RSI level, then super bullish, IF SMA crosses 60 RSI level from above its a profit taking time and Sell zone, if SMA crosses 40 level from above then super bearish sell signal.
LBB + RSI FX EditionLBB + RSI ForeX Edition (FX) — Version v6.4.8-fx
**Combine Log Bollinger Bands, multi-level RSI signals, optional trend & pin-bar filters, ATR-based optional TP/SL and a compact signal table — all in one overlay.**
### 1. Key Features
* **Logarithmic Bollinger Bands (LBB):**
* Uses log-price SMA and standard deviation to derive upper/lower bands
* Provides a more symmetrical response to percentage-based moves
* **RSI Multi-Level Entries:**
* Generates long signals when price closes below the lower LBB and RSI < 30 / 35 / 40
* Generates short signals when price closes above the upper LBB and RSI > 60 / 65 / 70
* Three “strength” tiers for both buys and sells
* **Signal Filters (optional):**
* **EMA Trend Filter:** only take longs above a 50-period EMA or shorts below it
* **Pin-Bar Filter:** require a clear wick-to-body ratio on the signal candle
* **Confirmed Candle:** wait for candle close before signaling
* **ATR Display (optional):** show current ATR on the signal table
* **Flexible TP/SL Settings:**
* **Static (pips) or Dynamic (ATR-based) TP/SL**
* Toggle between pips and ticks for FX precision
* Minimum pip/tick threshold to avoid overly tight stops
* Separate TP/SL controls for longs and shorts
* **Visuals & Alerts:**
* Color-coded shapes for each RSI tier (green/orange/yellow for buys; blue/purple/red for sells)
* Customizable display of Bollinger Bands, ATR, signal table and win-rate stats
* Built-in `alertcondition` for each tier with clear emoji & strength label
* **Compact Signal Table:**
* Shows 📈/📉 entry price, RSI, ATR (if enabled), pin-bar ✔/–, timestamp (with UTC offset) and win-rate placeholder
---
### 2. Inputs & Groups
| Group | Input | Default | Notes |
| ---------------------- | ------------------------------------------ | ------- | ------------------------------------- |
| **Indicator Settings** | LBB Period (`lbbLength`) | 20 | Length for log-price SMA |
| | LBB Multiplier (`lbbMult`) | 2.0 | Std dev multiplier |
| | RSI Period (`rsiLength`) | 14 | |
| | ATR Period (`atrLength`) | 14 | |
| | Show ATR (`showATR`) | true | Toggles ATR in table |
| | UTC Offset Hours (`timeOffsetHours`) | 0 | Adjust table time to your timezone |
| **Signal Filters** | Use EMA Trend Filter (`useTrendFilter`) | false | |
| | EMA Period (`emaPeriod`) | 50 | |
| | Use Pin-Bar Filter (`usePinBarFilter`) | false | |
| | Pin-Bar Ratio (`pinBarRatio`) | 2.0 | Wick-to-body minimum |
| | Only on Confirmed Candle (`onlyConfirmed`) | false | |
| **TP/SL Settings** | Show TP/SL for Long (`showLongTpSl`) | false | |
| | Show TP/SL for Short (`showShortTpSl`) | false | |
| | Use Dynamic TP/SL (`useDynamicTpSl`) | false | ATR × multiplier |
| | TP/SL in Ticks (`useTicks`) | false | Instead of pips |
| | Min TP/SL Threshold (`minTpSlThreshold`) | 10.0 | In pips |
| | TP Long (pips) (`tpLongPips`) | 20 | Static targets |
| | SL Long (pips) (`slLongPips`) | 10 | |
| | TP Short (pips) (`tpShortPips`) | 20 | |
| | SL Short (pips) (`slShortPips`) | 10 | |
| | ATR Multiplier for TP (`atrMultiplierTP`) | 1.5 | |
| | ATR Multiplier for SL (`atrMultiplierSL`) | 1.0 | |
| **Visual Settings** | Show Signal Shapes (`showShapes`) | true | |
| | Show Bollinger Bands (`showBands`) | true | |
| | Show Statistics (`showStats`) | true | Win-rate currently placeholder “NaN%” |
---
### 3. Calculation Overview
1. **Log Bollinger Bands**
```pinescript
logClose = math.log(close)
logBasis = ta.sma(logClose, lbbLength)
logDev = lbbMult * ta.stdev(logClose, lbbLength)
lowerBand = math.exp(logBasis - logDev)
upperBand = math.exp(logBasis + logDev)
basisBand = math.exp(logBasis)
```
2. **RSI & ATR**
```pinescript
rsi = ta.rsi(close, rsiLength)
atrVal = ta.atr(atrLength)
```
3. **Pin-Bar Detection**
```pinescript
body = math.abs(close - open)
upperWick = high - math.max(close, open)
lowerWick = math.min(close, open) - low
isPinBarBull = lowerWick > body * pinBarRatio and upperWick < body
isPinBarBear = upperWick > body * pinBarRatio and lowerWick < body
```
4. **Trend & Confirmation Filters**
```pinescript
emaTrend = ta.ema(close, emaPeriod)
trendLong = close > emaTrend
trendShort = close < emaTrend
trendOkLong = useTrendFilter ? trendLong : true
trendOkShort= useTrendFilter ? trendShort: true
signalOk = onlyConfirmed ? barstate.isconfirmed : true
```
5. **Entry Conditions**
* **Long**: `close < lowerBand` + RSI < {30, 35, 40} + filters
* **Short**: `close > upperBand` + RSI > {60, 65, 70} + filters
---
### 4. Signal Plotting & Alerts
* **Shapes on Chart**
* 📈 LONG signals plotted below bar in green/orange/yellow triangles, sized by strength
* 📉 SHORT signals plotted above bar in blue/purple/red inverted triangles
* **Alert Conditions**
```pinescript
alertcondition(cond_rsi30_long, title="LBB LONG RSI <30", message="📈 LONG signal | Strong Buy | {{ticker}} @ {{close}} | {{interval}}")
// … and similarly for other tiers
```
---
### 5. TP/SL Management
1. **Delta Calculation**
```pinescript
rawTP = atrVal * atrMultiplierTP * tfMultiplier
rawSL = atrVal * atrMultiplierSL * tfMultiplier
pip = syminfo.mintick
pipMult = pip == 0.00001 ? 10 : pip == 0.01 ? 1 : 100
unitMult = useTicks ? 1 : pipMult
minDelta = minTpSlThreshold * pip * tfMultiplier * unitMult
```
2. **Dynamic TP/SL Lines**
* Deletes old lines and draws new dashed lines at `entry ± max(rawΔ, minDelta)` when signaled and `useDynamicTpSl` is enabled.
3. **Manual TP/SL Labels**
* On each bar checks if price hit the TP or SL level and drops a permanent label “TP @ …” or “SL @ …”.
---
### 6. Compact Signal Table
Positioned in the top-right corner, updates on each new signal:
| Column | Content |
| ------ | ----------------------------------------- |
| 0 | 📈/📉 Entry price with color background |
| 1 | `RSI: XX` |
| 2 | `ATR: X.XXXXX` (if enabled) |
| 3 | `PinBar: ✔` or `–` |
| 4 | `Time: DD-MM-YY HH:mm` (with UTC offset) |
| 5 | `Win Rate: NaN%` (placeholder if enabled) |
---
### 7. Recommendations & Best Practices
* **Timeframe Selection:** works best on FX pairs; adjust `tfMultiplier` sensitivity by avoiding ultra-low minute charts unless needed.
* **Trend Filter:** enable `useTrendFilter` to align signals with broader trend, reducing noise.
* **Pin-Bar Filter:** turn on `usePinBarFilter` when you need higher-quality reversal candles.
* **Dynamic TP/SL:** use ATR-based exits (`useDynamicTpSl=true`) to adapt stop levels to changing volatility.
* **Ticks vs Pips:** for very tight markets (e.g. FX majors on low timeframes), switch to ticks.
* **Backtest Thoroughly:** before deploying alerts, test across multiple symbols/timeframes to tune multipliers and thresholds.
* **Alert Integration:** set up TradingView alerts using the built-in `alertcondition` names for fully automated notifications.
逆勢布林+RSI策略 for SOL可以直接套用到 SOLUSDT, SOLPERP, 或其他 SOL 合約。
在策略回測介面中選擇 5min 或 15min 看策略表現。
若要調整停利%或 RSI 數值，改變 rsi < 25 與 (shortEntryPrice - close) / shortEntryPrice >= 0.035 即可。
This can be directly applied to SOLUSDT, SOLPERP, or other SOL futures.
In the strategy backtesting interface, select 5-minute or 15-minute periods to view strategy performance.
To adjust the take-profit percentage or RSI value, set RSI < 25 and (shortEntryPrice - close) / shortEntryPrice >= 0.035.
strategy15min bar, short-term and scalp strategy, eth, using stdev as trend line, long when price hits the lower line, short when price hits the upper line.
Gold 3min Trading Pro [XAU/USD]# Gold 3min Trading Pro - User Guide
## Overview
This is a professional scalping indicator specifically designed for Gold (XAU/USD) trading on 3-minute timeframes. It combines multiple technical analysis methods to provide high-probability entry signals for short-term trading.
## Key Features
### 1. Multi-Timeframe Trend Analysis
- **Major Trend**: Analyzes 15min, 1H, and 4H timeframes using moving averages
- **Short-term Trend**: Focuses on 3-minute price action and moving average alignment
- **Trend Strength**: Rated from 1-3 based on timeframe agreement
### 2. Core Indicators
- **RSI (9-period)**: Momentum oscillator for overbought/oversold conditions
- **Stochastic (9-period)**: %K and %D lines for entry timing
- **MACD**: Additional trend confirmation
- **Volume Analysis**: Detects volume spikes for signal validation
- **ATR-based Volatility Filter**: Ensures adequate market movement
### 3. Signal Types
- **Primary Signals**: Green triangles (LONG) and Red triangles (SHORT)
- **Enhanced Signals**: Stronger signals with multiple confirmations
- **Confirmation Signals**: Small circles for stochastic crossovers
## How to Use
### 1. Setup
- **Timeframe**: Use on 3-minute charts for Gold (XAU/USD)
- **Settings**: Default settings are optimized for Gold scalping
- **Session Filter**: Enable for London/New York sessions (recommended)
### 2. Entry Conditions
#### LONG Entry:
- Major trend is bullish (green background)
- Short-term trend is up or neutral
- RSI shows bullish momentum
- Stochastic indicates oversold recovery
- Volume spike confirmation
- Strong price action (bullish candle)
#### SHORT Entry:
- Major trend is bearish (red background)
- Short-term trend is down or neutral
- RSI shows bearish momentum
- Stochastic indicates overbought reversal
- Volume spike confirmation
- Strong price action (bearish candle)
### 3. Trade Management
- **Quick Target**: 50% of ATR-based calculation
- **Main Target**: Full ATR-based target
- **Stop Loss**: 60% of ATR below/above entry
- **Time Limit**: Exit if no progress within 20 bars (60 minutes)
### 4. Risk Management
- **Position Size**: Risk 1-2% of account per trade
- **Maximum Trades**: 3-5 trades per session
- **Avoid**: Low volatility periods and major news events
## Visual Elements
### Background Colors
- **Light Green**: Bullish major trend
- **Light Red**: Bearish major trend
- **Yellow**: Volume spike detected
- **Intense Colors**: Very strong trend alignment
### Chart Indicators
- **RSI Line (Blue)**: Main momentum indicator
- **Stochastic %K (Orange)**: Fast stochastic line
- **Stochastic %D (Yellow)**: Slow stochastic line
- **Horizontal Lines**: 70 (overbought), 30 (oversold), 50 (midline)
### Information Table (Top Right)
- Total signal count and performance statistics
- Current market conditions and trend strength
- RSI levels and volatility status
- Trading session information
- Last signal timing
## Alert System
### Standard Alerts
- **Scalp Long Signal**: Basic long entry signal
- **Scalp Short Signal**: Basic short entry signal
- **Premium Signals**: High-quality signals with strong confirmation
- **Trend Reversal**: Major trend change notifications
### Alert Setup
1. Right-click on chart → "Add Alert"
2. Select desired alert condition
3. Configure notification method (popup, email, webhook)
4. Set alert frequency to "Once Per Bar Close"
## Best Practices
### 1. Trading Sessions
- **Optimal**: London-NY overlap (3:00-5:00 PM EST)
- **Good**: London session (2:00-11:00 AM EST)
- **Avoid**: Asian session and major news releases
### 2. Market Conditions
- **Best**: Trending markets with normal to high volatility
- **Moderate**: Ranging markets during active sessions
- **Avoid**: Extremely low volatility or choppy conditions
### 3. Confirmation Rules
- Wait for signal triangle to appear
- Check that major trend aligns with signal direction
- Verify volume spike (yellow background)
- Ensure volatility is adequate (check info table)
### 4. Entry Timing
- Enter immediately after signal confirmation
- Use market orders for scalping speed
- Set stop loss and take profit levels immediately
## Settings Customization
### Essential Settings
- **MA Type**: EMA (recommended) or SMA
- **RSI Length**: 9 (default, can adjust 5-14)
- **Volume Threshold**: 1.8 (higher = fewer but stronger signals)
- **Volatility Filter**: Keep enabled for better signal quality
### Display Options
- **Show Scalping Signals**: Main entry signals
- **Show Performance Stats**: Information table
- **Show Trend Filter**: Background trend colors
- **Use Time Filter**: Session-based filtering
## Performance Optimization
### 1. Backtesting Tips
- Test on different market conditions
- Analyze win rate and average profit/loss
- Adjust settings based on historical performance
### 2. Signal Quality
- Higher trend strength (2-3) = better signals
- Volume confirmation improves success rate
- Enhanced signals have higher probability
### 3. Risk Control
- Never risk more than 2% per trade
- Use proper position sizing
- Stop trading after 3 consecutive losses
## Troubleshooting
### Common Issues
1. **No Signals**: Check volatility filter and session timing
2. **Too Many Signals**: Increase volume threshold or enable filters
3. **Poor Performance**: Verify timeframe (must be 3-minute) and symbol (XAU/USD)
### Support
- Ensure TradingView Pro+ subscription for multi-timeframe data
- Verify Gold symbol matches your broker's format
- Update to latest TradingView version
This indicator is designed for experienced traders familiar with scalping techniques and risk management. Always practice on demo accounts before live trading.
Indexrate Code BIndexrate Code B is an indicator and part of the Indexrate Code Set of Algorithm, which additionally includes the Indexrate Code A strategy.
The Indexrate Code Set of Algorithms can be used for any trading instruments and on any existing markets (Stock market, Forex, Cryptocurrency market, etc.).
Indexrate Code B consists of a set of indicators, oscillators and signals that are uniquely configured to interact with each other and allow traders to analyze the movement of an asset’s price:
- Momentum
This oscillator measures the amount of change in the price of an asset over a certain period of time. This is a great tool for understanding the strength of a trend and its potential sustainability. When the momentum oscillator is rising, it indicates that the price is moving up and vice versa.
Momentum is an advanced technical analysis tool that helps traders determine the rate of change or momentum of the market. It is typically used to determine the strength or rate at which the price of an asset increases or decreases for a set of returns. This oscillator is considered to be "fast moving" and "sensitive" as it reacts quickly to changes in price momentum. The fast-moving nature of this oscillator helps traders get early signals for potential market entry or exit points.
The Momentum Oscillator analyzes the current price compared to the previous price and adds two additional levels of analysis: Buy and Sell Movements and Extremes.
• Buying and Selling Movements: This oscillator layer helps identify the buying and selling pressure in the market. This can provide traders with valuable information about the possible direction of future price movements. When there is high buying pressure (demand), the price tends to rise, and when there is high selling pressure (supply), the price tends to fall.
• Extremes: This layer helps identify extreme overbought or oversold conditions. When the oscillator enters the overbought zone, it may indicate that price has peaked and could potentially reverse. Conversely, if the oscillator enters an oversold zone, it could indicate that the price is at a low and could potentially rebound.
Momentum usage example
Momentum is a sensitive and fast-moving oscillator that quickly adapts to price changes while tracking long-term momentum, making it easier to spot buying or selling opportunities in trends.
-Difference Momentum
The Momentum wave described above consists of two curves combined into a ribbon. Difference Momentum shows the intersection of these waves. Difference Momentum is an important component of the toolkit. It takes into account both the direction and dynamics of market trends. The waves within this system are fast and responsive, acting independently and offering the most relevant information at the most appropriate moments. Their fast response time ensures that traders receive timely information, which is very important in the fast-paced and dynamic world of trading.
An example of using Difference Momentum
Difference Momentum is able to identify trend reversals and pullbacks, allowing traders to enter or exit trades at optimal times.
Movement of the indicator curve from negative to positive values (from bottom to top) for Long and movement of the curve from positive to negative values (from top to bottom) for Short. As well as the intersection of the center line of the indicator channel (value “0”) in one direction or the other. The values can be observed in the status line.
-StochRSI
StochRSI is a type of momentum oscillator that is commonly used in technical analysis to predict price movements. As the name suggests, it is an enhanced form of the traditional Relative Strength Index (RSI) that provides traders with more timely signals to enter and exit the market.
StochRSI works on similar principles but is designed to provide signals ahead of traditional RSI. This is achieved through more complex mathematical modeling and calculations that aim to identify changes in market dynamics before they happen. It takes into account not only current price action, but also takes into account historical data in such a way that changes in trend directions can be anticipated.
Example of using StochRSI
StochRSI is an enhanced version of the traditional relative strength index, offering overbought or oversold market conditions.
The oscillator wave changes color from green to red. Where the green color serves as a priority for Long positions, and the red color serves as a priority for Short positions. Values in the “80” zone and above indicate the asset is overbought, and values in the “20” zone and below indicate the asset is oversold. The values can be observed in the status line.
-Money Flow Index (MFI)
Money Flow Index (MFI) or Money Flow Index is an indicator from the group of oscillators. It reflects the rate at which funds are invested in and withdrawn from a financial asset. Essentially, it measures the pressure of buyers and sellers. The oscillator calculates incoming and outgoing cash flows.
The Money Flow Index helps traders analyze positive and negative money flows and compare these data with price, which in turn allows them to better see trend strength and turning points.
Example of using Money Flow Index (MFI)
The transition of waves from gray to blue means that money is entering the asset, and vice versa from blue to gray means that money is leaving the asset. This leads to the conclusion that when money enters an asset, it becomes more expensive, and when money leaves an asset, it becomes cheaper. A hint of this movement gives the trader additional confirmation of the received signal. The bar at the top of the indicator duplicates the movement of Money Flow Index (MFI) waves for accurate visualization of these transitions. At the same time, when the wave is in blue color (Long), then purchases are considered a priority, and when the wave is in gray color (Short), then sales are considered a priority.
-Trend Score WMA
The Trend Score WMA indicator is an indicator that uses a weighted moving average (WMA). When calculating, each candle is assigned its own weight, which is calculated depending on the selected period. The indicator quickly reacts to market changes. Trend Score WMA is good for quick trading within a day or several days.
The indicator curve resembles a broken line directed up or down, into blue zones (Long) at the top and gray zones (Short) at the bottom. The maximum indicator values are 83 and -83.
Example of using Trend Score WMA
This is an indicator of trend direction. The movement of the indicator curve shows the movement of the trend in real time. The indicator curve moves from bottom to top, from the gray Short zone to the blue Long zone and from top to bottom, from the blue Long zone to the gray Short zone. It is also worth considering that finding a wave in the maximum values of both Long and Short zones may mean the continuation of stronger trend movements.
-Signals
Indexrate Code B(i), shows the direction of price movement, trend breaks, overbought and oversold zones of an asset and creates corresponding signals.
When the Momentum waves intersect, the Difference Momentum wave crosses the zero mark in the status line and the center of the channel boundary (white lines on the indicator having values of 60 and -60), a signal appears in the form of a column of the corresponding color (blue - Long, gray - Short), as well as a cross of the corresponding color appears.
When Momentum Waves intersect and simultaneously cross the channel boundary at a value of 60 or -60, a square of the corresponding color appears. This could mean stronger price movements.
If Momentum waves move from high peaks to lower ones, this also serves as signals for a change in price movement.
When working with the Indexrate Code B(i) indicator, it is necessary to take into account the totality of indicators of other indicators and oscillators to confirm the indicator signals, as shown in their examples.
The Indexrate Code Set of Algorithms is suitable for conservative traders who evaluate their success in the long term, and not in short-term excess profits.
IT IS IMPORTANT TO KNOW that no indicator is capable of 100% predicting a successful trade.
The market is a collection of people. It is thanks to human psychology that shapes the forces of supply and demand that financial markets exist (Charles Dow Theory).
Forecasting based on the analysis of mathematical algorithms (indicators) uses data from past trading - the price of the previous period of time and the volume of previous trading. It is these two indicators that are used by modern technical analysis.
The Indexrate Code Set of Algorithm is based on algorithms that evaluate trends, prices and volume indicators. Besides human psychology, which requires an assessment of the exact preceding periods for a specific timeframe, and not an assessment of the entire period from the moment of listing of a trading instrument on a specific exchange. Since market indicators completely change throughout the trading period and the exchange trading volume also changes.
All updates to the Indexrate Code Set of Algorithm will be free.
Trading is trading on probabilities. Investing is trading on opportunity. Nobody knows the future - Always protect your profits!
Russian translation
Indexrate Code В - это индикатор являющийся частью Комплекта алгоритмов Indexrate Code, включающего в себя дополнительно стратегию Indexrate Code А(s).
Комплект алгоритмов Indexrate Code, может быть использован для любых торговых инструментов и на любых существующих рынках (Фондовый рынок, Форекс, Криптовалютный рынок и тд).
Indexrate Code В состоит из совокупности индикаторов, осцилляторов и сигналов, настроенных уникальным образом для взаимодействия между собой и позволяющих трейдерам комплексно анализировать движение цены актива:
- Momentum
Этот осциллятор измеряет величину изменения цены актива за определенный промежуток времени. Это отличный инструмент для понимания силы тренда и его потенциальной устойчивости. Когда осциллятор импульса растет, это говорит о том, что цена движется вверх и наоборот.
Momentum - это продвинутый инструмент технического анализа, который помогает трейдерам определить скорость изменения или импульс рынка. Обычно он используется для определения силы или скорости, с которой цена актива увеличивается или уменьшается для набора доходностей. Этот осциллятор считается «быстродвижущимся» и «чувствительным», поскольку он быстро реагирует на изменения ценового импульса. Быстродвижущийся характер этого осциллятора помогает трейдерам получать ранние сигналы для потенциальных точек входа или выхода из рынка.
Осциллятор Momentum анализирует текущую цену по сравнению с предыдущей ценой и добавляет два дополнительных уровня анализа: «Движения покупки и продажи» и «Экстремумы».
Движения покупки и продажи: этот слой осциллятора помогает определить давление покупателей и продавцов на рынке. Это может предоставить трейдерам ценную информацию о возможном направлении будущих движений цен. Когда существует высокое давление покупателей (спрос), цена имеет тенденцию расти, а когда существует высокое давление продавцов (предложение), цена имеет тенденцию падать.
Экстремумы: этот слой помогает определить экстремальные условия перекупленности или перепроданности. Когда осциллятор входит в зону перекупленности, это может указывать на то, что цена достигла максимума и потенциально может развернуться. И наоборот, если осциллятор входит в зону перепроданности, это может указывать на то, что цена находится на минимуме и потенциально может отскочить.
Пример использования Momentum
Momentum — это чувствительный и быстро движущийся осциллятор, который быстро адаптируется к изменениям цен, отслеживая при этом долгосрочный импульс, что облегчает обнаружение возможностей покупки или продажи в трендах.
-Difference Momentum
Волна Momentum описанная выше, состоит из двух кривых объединенных в ленту. Difference Momentum, показывает пересечение этих волн. Difference Momentum является важным компонентом набора инструментов. Он учитывает как направление, так и динамику рыночных тенденций. Волны внутри этой системы быстрые и отзывчивые, действуют независимо и предлагают наиболее подходящую информацию в наиболее подходящие моменты. Их быстрое время реагирования гарантирует, что трейдеры получают своевременную информацию, что очень важно в быстро меняющемся и динамичном мире торговли.
Пример использования Difference Momentum.
Difference Momentum способен определять развороты и откаты тренда, позволяя трейдерам входить или выходить из сделок в оптимальные моменты.
Движение кривой индикатора с отрицательных значений в положительные (снизу вверх) для Long и движение кривой с положительных значений в отрицательные (сверху вниз) для Short. А также пересечение центральной линии канала индикатора (значение "0") в одну или в другую сторону. Значения можно наблюдать в строке статуса.
-StochRSI
StochRSI это тип осциллятора импульса, который обычно используется в техническом анализе для прогнозирования движения цен. Как следует из названия, это расширенная форма традиционного индекса относительной силы (RSI), которая предоставляет трейдерам более своевременные сигналы для входа и выхода из рынка.
StochRSI работает по аналогичным принципам, но предназначен для предоставления сигналов, опережающих традиционный RSI. Это достигается за счет более сложного математического моделирования и расчетов, целью которых является выявление изменений в динамике рынка до того, как они произойдут. Он учитывает не только текущее ценовое действие, но также учитывает исторические данные таким образом, чтобы можно было предвидеть изменения в направлениях тренда.
Пример использования StochRSI
StochRSI — это расширенная версия традиционного индекса относительной силы, предлагающая рыночные условия перекупленности или перепроданности.
Волна осциллятора меняет цвет с зеленого на красный. Где зеленый цвет служит приоритетом для позиций Long, а красный цвет приоритетом для позиций Short. Значение в зоне "80" и выше показывают перекупленность актива, а значение в зоне "20" и ниже, показывают перепроданность актива. Значения можно наблюдать в строке статуса.
-Money Flow Index (MFI)
Money Flow Index (MFI) или Индекс денежного потока, — индикатор из группы осцилляторов. Он отражает интенсивность, с которой денежные средства вкладываются в финансовый актив и выводятся из него. По сути, измеряет давление продавцов и покупателей. Осциллятор высчитывает входящие и выходящие денежные потоки.
Money Flow Index помогает трейдерам проанализировать положительные и отрицательные потоки денег и сравнить эти данные с ценой, что в свою очередь позволяет лучше видеть силу тренда и разворотные моменты.
Пример использования Money Flow Index (MFI)
Переход волн из серого цвета в голубой означает, что деньги входят в актив, а наоборот из голубого цвета в серый означает, что деньги из актива выходят. Отсюда следует вывод, что когда деньги входят в актив, он дорожает, а когда деньги выходят из актива, то он дешевеет. Намек на это движение, дает трейдеру дополнительное подтверждение полученного сигнала. Полоса в верхней части индикатора, дублирует движение волн Money Flow Index (MFI) для точности визуализации этих переходов. При этом, когда волна находится в голубом цвете (Long), то приоритетней считаются покупки, а когда волна находится в сером цвете (Short), то приоритетней считаются продажи.
-Trend Score WMA
Индикатор Trend Score WMA - это индикатор использующий взвешенную скользящую среднюю (WMA). При расчете каждой свече присваивается свой вес, который рассчитывается в зависимости от выбранного периода. Индикатор быстро реагирует на изменения рынка. Trend Score WMA хорошо подходит для быстрой торговли в течение дня или нескольких дней.
Кривая индикатора напоминает ломаную линию, направленную вверх или вниз, в зоны голубого цвета (Long) наверху и серого цвета (Short) внизу. Максимальными значениями индикатора являются 83 и -83.
Пример использования Trend Score WMA
Это индикатор направленности тренда. Движение кривой индикатора показывает движение тенденции в реальном времени. Кривая индикатора двигается снизу вверх, от серой зоны Short в голубую зону Long и сверху вниз, от голубой зоны Long до серой зоны Short. Стоит также учесть, что нахождение волны в максимальных значениях зон, как Long так и Short, может означать продолжение более сильных движений тенденции.
-Signals
Indexrate Code В(i), показывает направления движения цены, сломы тренда, зоны перекупленности и перепроданности актива и создает соответствующие сигналы.
Когда волны Momentum пересекаются, волна Difference Momentum пересекает нулевую отметку в строке статуса и центр границы канала (белые линии на индикаторе имеющие значение 60 и -60), появляется сигнал в виде столба соответствующего цвета (голубой - Long, серый - Short), а также появляется крест соответствующего цвета.
Когда Волны Momentum пересекаются и одновременно переходят границу канала в значении 60 или -60, появляется квадрат соответствующего цвета. Это может означать более сильные движения цены.
Если волны Momentum двигаются от высоких пиков к более низким, это тоже служит сигналам к изменению движения цены.
При этом работе с индикатором Indexrate Code В(i), необходимо учитывать совокупность показателей других индикаторов и осцилляторов для подтверждения сигналов индикатора, как показано в их примерах.
Комплект алгоритмов Indexrate Code, подходит консервативным трейдерам, оценивающим свой успех в долгосрочном перспективе, а не в краткосрочной сверх прибыли.
ВАЖНО ЗНАТЬ, что ни один индикатор не способен на 100% предсказать успешную сделку.
Рынок - это совокупность людей. Именно благодаря психологии людей, формирующей силы спроса и предложения, существуют финансовые рынки (Теория Чарльза Доу).
Прогнозирование на основе анализа математических алгоритмов (индикаторов), использует данные прошлых торгов - цену предыдущего периода времени и объем предыдущих торгов. Именно эти два показателя и используются современным техническим анализом.
В основе Комплекта алгоритмов Indexrate Code, лежат алгоритмы оценивающие тенденции, цены и показатели объема. А также психология людей, которая требует оценки точных предшествующих периодов для конкретного таймфрейма, а не оценка всего периода с момента листинга торгового инструмента на конкретной бирже. Так как показатели рынка полностью изменяются на всем торговом периоде и также меняется биржевой объем торгов.
Все обновления Комплекта алгоритмов Indexrate Code, будут бесплатны.
Трейдинг - это торговля на вероятностях. Инвестиции - это торговля на возможностях. Никто не знает будущего - Всегда защищайте свою прибыль.
MACD-RSI Divergence OscillatorMACD-RSI Divergence Oscillator: Dual Confirmation with Momentum + Divergence Signals
This powerful oscillator combines MACD and RSI into a single normalized visual tool, enriched with automatic divergence detection and smart signal alerts. It’s designed to give traders advanced insights into momentum shifts and trend reversals.
Key Features:
• MACD + RSI Combo: Both indicators are scaled and merged into one oscillator for clearer interpretation.
• Automatic Divergence Detection:
• Bullish & Bearish divergences on both MACD and RSI
• Highlights strong divergences when both confirm
• Trading Signals:
• Detects MACD crossovers and RSI reversals
• Smart buy/sell signals based on momentum + divergence
• Custom Oscillator View:
• Plots MACD and RSI on the same scale
• Visual zero-line, overbought/oversold levels, and customizable colors
• Optional Dashboard Table:
• Displays live indicator values, signal states, and divergence status
Ideal For:
• Spotting early trend reversals
• Confirming trade entries/exits
• Avoiding false signals using dual indicator logic
Highly customizable and suitable for all timeframes and asset types.
Stochastic Momentum Index_Middle Band AddedThis is an update to the current indicator Stochastic Momentum Index by: surjithctly
This video on YouTube Linked Under explains how to use this indicator along with another indicator: ema cloud 150
www.youtube.com
All that was improvised and added was a middle band a mid point to know where the middle of the indicator is. That is all.
Also Edit, Customize the indicator however you like, and if you don't want the mid point shown or want to alter to a line or a dotted line you can also do that as well.
Please enjoy, I provide these updates that I publish because I am passionate about trading and if this helps me, I know it will help you.
Stochastic Momentum Index_MiddleBandAddedSame Stochastic Momentum Index, but Middle Band added to know the mid point of this indictor.
SExI - Super Exhaustion Indicator [Da_Prof]As we know, the RSI can remain at "overbought" or "oversold" levels for long periods of time while the price continues in that direction. The SExI (Super Exhaustion Indicator) is an indicator designed to help detect exhaustion of strong moves.
The SExI is a combination of the RSI and "upper" Aroon. For the indicator to trigger, the RSI has to be above or below a top/bottom trigger line when the Aroon has had a set number of drives up or down correspondingly. An Aroon top drive is defined as the Aroon hitting 100% on the current candle when the previous candle was below 100%. An Aroon bottom drive is defined as the Aroon hitting 0% on the current candle when the previous candle was above 0%. Consecutive top or bottom drives are counted and exhaustion triggers when these drives hit a setpoint (default is 5 drives = the Aroon exhaustion trigger). When Aroon exhaustion is triggered and the RSI is correspondingly above/below a trigger line, the overall indicator signals exhaustion.
The Aroon drives are visualized at the top and bottom of the indicator. The RSI is plotted as a line that crosses top and bottom trigger lines. There are extreme trigger values for both the bottom and top exhaustion triggers.
This indicator can be used with any asset on any timeframe. It nicely pairs with the Super Strength Indicator (invite-only).
Advanced Swing Breakout + RSI + EMA + Smart Volume SpikeThis indicator is designed to identify high-probability swing trade setups using a confluence of:
Swing High/Low Breakouts
RSI Trend Strength
EMA Directional Bias
Smart Volume Spike Confirmation
It combines key price action levels with volume and momentum filters to generate clean, actionable breakout alerts. It’s perfect for both intraday and swing traders looking to trade breakouts with confirmation from multiple technical layers.
⚙️ How It Works:
✅ Swing Detection:
Plots Swing Highs and Swing Lows based on the past N candles.
Highlights breakouts above highs or breakdowns below lows.
💪 RSI Filter:
Confirms whether the breakout is supported by RSI momentum.
Bullish breakout requires RSI > 50 and price above EMA.
Bearish breakdown requires RSI < 50 and price below EMA.
📈 EMA Trend Bias:
EMA (default 20-period) shows directional bias.
Used as a filter to confirm trade direction.
🔊 Smart Volume Spike:
Detects significant volume spikes above a moving average threshold.
Color-coded bars show whether volume is bullish, bearish, or neutral.
Ensures breakout is not on weak or average volume.
🚨 Alerts Included:
✅ Break Above Swing High: Only triggers when RSI, EMA, and Volume all confirm the move.
⚠️ Break Below Swing Low: Triggered only when bearish conditions are met.
📊 Visual Output:
Swing Highs: 🔴 Red Dots
Swing Lows: 🟢 Green Dots
EMA Line: 🟠 Orange Line
Volume Spike Bars: Appears in separate pane with dynamic color logic.
🧠 Best Use Cases:
Intraday Scalping (5m–15m timeframes)
Swing Trading (1H–4H)
Breakout Confirmation
Volume-Supported Entry Filtering
RSI Zones - Directional Entry Strict RSI Zones – Directional Entry Tool (Modified RSI)
This is a simple modification of the standard RSI indicator. I’ve added two custom horizontal lines at the 60–65 and 35–40 zones to help spot momentum shifts and potential reversal points.
60–65 zone: When RSI returns here from above 65, it often signals weakening bullish momentum — useful for spotting short opportunities.
35–40 zone: When RSI returns here from below 35, it can indicate momentum loss on the downside — good for potential long setups.
This version helps traders filter out weak signals and avoid chasing extreme moves.
It works best when combined with price action, structure, or divergence.
Only 2 lines were added to the default RSI for better zone awareness. Everything else remains unchanged.
This is a multi-layered swing breakout scanner design🧠 What It Does:
Dynamically plots swing highs and lows using customizable pivot length
Confirms breakout signals with:
✅ Volume spike (above 20-period SMA × multiplier)
✅ RSI trend confirmation (RSI > 50 for longs, < 50 for shorts)
✅ EMA trend filter (price above/below EMA to align with momentum)
🔔 Alerts Included:
"Break Above Swing High" (volume + trend confirmed)
"Break Below Swing Low" (volume + trend confirmed)
📈 Use this tool on any timeframe (5m, 1H, 4H) and asset (stocks, crypto, ETFs).
It is ideal for:
Momentum swing traders
Intraday breakout scalpers
Traders filtering false signals using volume & structure
ATR%The time period can be customized, which is suitable for finding short-term high-volatility trading pairs, and may be suitable for finding grid trading.
Smart Price Divergence (MACD Filter) + EMA📌 Purpose
This indicator detects Price Divergences with MACD filtered by a 200 EMA trend condition.
It helps identify high-probability reversal zones aligned with market trend context.
🧠 How It Works
1. MACD Divergence Logic
Bearish Divergence:
Price makes a higher high.
MACD makes a lower high.
Price is above EMA (indicating possible exhaustion in bullish trend).
Bullish Divergence:
Price makes a lower low.
MACD makes a higher low.
Price is below EMA (indicating possible exhaustion in bearish trend).
2. EMA Trend Filter
EMA(200) is used as a directional filter:
Bearish divergences considered above EMA (extended bullish conditions).
Bullish divergences considered below EMA (extended bearish conditions).
3. Visual & Alerts
EMA(200) plotted on chart in orange.
Red triangles for Bearish Divergence.
Green triangles for Bullish Divergence.
Alerts fire for both divergence types.
📈 How to Use
Look for divergence signals as potential reversal alerts.
Combine with support/resistance or price action for confirmation.
EMA ensures signals occur in extended zones, increasing reliability.
Recommended Timeframes: 1h, 4h, D.
Markets: Forex, Crypto, Stocks.
⚙️ Inputs
MACD Fast / Slow / Signal Length
EMA Length (default 200)
⚠️ Disclaimer
This script is for educational purposes only. It does not constitute financial advice.
Always test thoroughly before live trading.
Smart RSI Divergence PRO | Auto Lines + Alerts📌 Purpose
This indicator automatically detects Regular and Hidden RSI Divergences between price action and the RSI oscillator.
It plots divergence lines directly on the chart, labels signals, and includes alerts for automated monitoring.
🧠 How It Works
1. RSI Calculation
RSI is calculated using the selected Source (default: Close) and RSI Length (default: 14).
2. Divergence Detection via Fractals
Swing points on both price and RSI are detected using fractal logic (5-bar patterns).
Regular Divergence:
Bearish: Price forms a higher high, RSI forms a lower high.
Bullish: Price forms a lower low, RSI forms a higher low.
Hidden Divergence:
Bearish: Price forms a lower high, RSI forms a higher high.
Bullish: Price forms a higher low, RSI forms a lower low.
3. Auto Drawing Lines
Lines are drawn automatically between divergence points:
Red = Regular Bearish
Green = Regular Bullish
Orange = Hidden Bearish
Blue = Hidden Bullish
Line width and transparency are adjustable.
4. Labels and Alerts
Labels mark divergence points with up/down arrows.
Alerts trigger for each divergence type.
📈 How to Use
Use Regular Divergences to anticipate trend reversals.
Use Hidden Divergences to confirm trend continuation.
Combine with support/resistance, trendlines, or volume for higher probability setups.
Recommended Timeframes: Works on all timeframes; more reliable on 1h, 4h, and Daily.
Markets: Forex, Crypto, Stocks.
⚙️ Inputs
Source (Close, HL2, etc.)
RSI Length
Toggle Regular / Hidden Divergence visibility
Toggle Lines / Labels
Line Width & Line Transparency
⚠️ Disclaimer
This script is for educational purposes only. It does not constitute financial advice.
Always test thoroughly before using in live trading.
Smart Impulse Exhaustion Finder (ATR + ADX Filter)📌 Purpose
This indicator detects potential exhaustion of strong bullish or bearish impulses at fresh swing highs/lows by combining multiple price action and volatility-based filters.
🧠 How It Works
A signal is triggered only when all core conditions are satisfied:
1. Swing High/Low Detection
Current high (or low) must be the highest (or lowest) over the last Extremum Lookback bars (default: 50).
This ensures the move is significant relative to recent price action.
2. Impulse Confirmation
Price must extend by at least 1 × ATR from the previous swing point.
This filters out minor fluctuations.
3. Exhaustion Conditions (at least 2 out of 3 must be met)
RSI Extreme: RSI > Overbought Level (default: 80) for bearish signals, RSI < Oversold Level (default: 20) for bullish signals.
Volume Spike: Volume > SMA(Volume, Volume SMA Length) × Volume Spike Multiplier.
Candle Wick Rejection: Upper wick ≥ Wick Threshold % for bearish setups, Lower wick ≥ Wick Threshold % for bullish setups.
4. Trend Filter
ADX > ADX Threshold ensures the market is trending and filters out sideways conditions.
5. Candle Body Filter
Candle body must be ≥ Body Size ATR Factor × ATR.
This avoids weak signals from small candles or doji formations.
📈 How to Use
Bearish Signal:
Appears at fresh swing highs with exhaustion conditions met. Useful for tightening stops, taking partial profits, or counter-trend shorts.
Bullish Signal:
Appears at fresh swing lows with exhaustion conditions met. Useful for trailing stops, profit-taking, or counter-trend longs.
Recommended Timeframes: Works best on 1h, 4h, and Daily charts.
Markets: Crypto, Forex, Stocks — wherever volatility and trends are present.
⚙️ Inputs
RSI Length / Overbought / Oversold
Volume SMA Length & Volume Spike Multiplier
Wick Threshold %
Extremum Lookback (bars for highs/lows)
ADX Length & Threshold
Body Size ATR Factor
⚠️ Disclaimer
This script is for educational purposes only and does not constitute financial advice.
Always test thoroughly and apply proper risk management before live trading.
💡 Tip: Combine this tool with your own market context and confluence factors for higher probability setups.
JHW Volume Based Buy and Sell MomentumThe JHW Volume-Based Buy and Sell Momentum indicator is a custom momentum oscillator designed to capture market sentiment based on volume dynamics and price rate of change (ROC). It aims to identify bullish or bearish momentum by analyzing how price reacts to increasing or decreasing trading volume.
Core Logic:
The indicator calculates the Rate of Change (ROC) of the closing price.
It then accumulates this ROC separately based on whether the current volume is lower or higher than the previous bar:
If volume decreases, the ROC is added to a "negative volume index" accumulator.
If volume increases, the ROC is added to a "positive volume index" accumulator.
These two accumulators are combined to form a net momentum line.
Smoothing:
A Simple Moving Average (SMA) is applied to both accumulators over a user-defined period (default: 25 bars).
The sum of these smoothed values forms the signal line.
Visualization:
The indicator plots:
The net momentum line (yellow).
The smoothed signal line (blue).
The area between the two lines is filled with color:
Yellow when momentum is above the signal (bullish).
Blue when momentum is below the signal (bearish).
Bar colors are also adjusted to reflect the current momentum state.
Use Case:
This indicator helps traders:
Detect volume-driven momentum shifts.
Identify potential buy or sell zones based on volume behavior.
Confirm trends or spot early reversals.
