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Indicators and strategies

My script/@version=5 indicator("dvp - Engulfing Strategy", overlay=true) // Moving Averages sma1 = input.int(6,"Trend SMA") ema1 = input.int(3,"Engulf EMA") sma6 = ta.sma(close, sma1) ema3 = ta.ema(close, ema1) // Helper candles c3 = close < open // 3 days ago was a red candle c2 = close > open // 2 days ago was a green candle engulfed = (low < low ) and (high > high ) // bullish engulfing c0_bull = close > open // current candle is green close_above_c2high = close > high c3_below_sma6 = close < sma6 c0_above_ema3 = close > ema3 // Bullish Engulfing Conditions bullishSignal = c3 and c2 and engulfed and c0_bull and close_above_c2high and c3_below_sma6 and c0_above_ema3 // Plotting text for bullish engulfing plotshape(bullishSignal, title="Bullish Engulfing", location=location.belowbar, color=color.green, style=shape.labelup, text="BuE") // Optional: Bearish Engulfing Detection c3_bear = close > open // 3 days ago green c2_bear = close < open // 2 days ago red engulfed_bear = (high > high ) and (low < low ) c0_bear = close < open // current red close_below_c2low = close < low c3_above_sma6 = close > sma6 c0_below_ema3 = close < ema3 bearishSignal = c3_bear and c2_bear and engulfed_bear and c0_bear and close_below_c2low and c3_above_sma6 and c0_below_ema3 plotshape(bearishSignal, title="Bearish Engulfing", location=location.abovebar, color=color.red, style=shape.labeldown, text="BeU") // Plotting Moving Averages plot(sma6, color=color.orange, title="SMA 6") plot(ema3, color=color.blue, title="EMA 3") ```
Pine Script® indicator
by dharmeshparikh2
EMA Confluence Oscillator📌 EMA Confluence Oscillator + Signal This oscillator helps detect ranging vs trending conditions by measuring EMA alignment, slope, and choppiness. It’s designed for traders who want to avoid chop and trade in clean directional moves. ⸻ 🔍 How It Works: • Uses 3 EMAs (Fast, Medium, Slow) to assess market structure • Measures how flat the slow EMA is (low slope = range) • Detects short-term momentum flips in fast/medium EMAs • Calculates EMA spread to find tight, choppy zones • Combines all signals into a Range Score (0–1 scale) ⸻ 🧠 How to Use: • High Range Score (near 1): Market likely ranging • Low Range Score (near 0): More directional/trending • Watch for crosses below the range threshold to spot trend breakouts • Optional Signal Line helps smooth decision points ⸻ ⚙️ Features: • Custom lengths for 3 EMAs • Adjustable slope and convergence thresholds • Toggle smoothing and signal line • Background highlight when market is likely in a range • Clean layout designed for fast intraday analysis ⸻ 🛠️ Input Settings Explained: • Fast/Medium/Slow EMA: Controls trend detection windows • Slope Lookback: Period used to assess flatness of slow EMA • Convergence Threshold: How close EMAs must be to count as “tight” • Smooth Output: Reduces noise in final Range Score • Signal Line: Smoothed version of the score for easier reading • Range Threshold: Level where choppiness is likely • Show Background: Highlights range zones visually
Pine Script® indicator
by jrp320
S&P Power Hour Liquidity Sweep StrategyThis indicator is designed for intraday traders who want to take advantage of liquidity grabs, break of structure (BOS), and optimal entry points during the most volatile hours of the trading day: the NYSE Power Hours (09:30–10:30 AM and 02:30–04:00 PM EST). Key Features: Power Hour Detection: Automatically identifies the two most liquid hours of the trading session. Liquidity Sweep Detection: Highlights when price sweeps a recent swing high or low — a common trap before reversals. Break of Structure (BOS): Confirms trend shift after a liquidity sweep with smart money-style BOS markers. Fair Value Gap (FVG) Highlighting: (Optional) Spot institutional imbalances between candles to fine-tune trade entries. How It Works: Wait for price to sweep a swing high or low during the power hours. Look for a break of structure (BOS) in the opposite direction. Enter on the next candle or FVG retest. The indicator will plot a yellow circle for entry, a red line for stop, and a green line for the target (based on your RR setting). Customizable Inputs: Swing sensitivity (lookback bars) Risk-to-reward ratio Optional FVG visibility Best Used With: Higher timeframe bias (15m/1H) Order blocks or volume analysis Avoiding major news events Whether you're a scalper or precision-based intraday trader, this tool helps you spot high-probability reversal setups with clean visuals and clear confirmations.
Pine Script® indicator
by sandunmathers
High/LowPrevious Day High/Low & Weekly Open Indicator A clean and simple indicator that displays key reference levels for intraday trading. Features: Previous day's high and low levels Current week's opening price Auto-hides levels once broken (prevents clutter) Resets automatically at the start of each trading day No repainting - uses proper security function calls How it works: The indicator plots yesterday's high/low as horizontal lines on your chart. When price breaks above the previous day's high, that level disappears. Same for the low. This keeps your chart clean and shows only unbroken levels. Perfect for: Day traders using previous day's range as reference Breakout trading strategies Support/resistance analysis Clean chart setup without manual level drawing The cyan lines show previous day's high/low, while the orange line displays the weekly open. All levels use non-repainting data for reliable backtesting.
Pine Script® indicator
by RabeInvest
MTF RSI MA System + Adaptive BandsMTF RSI MA System + Adaptive Bands Overview MTF RSI MA System + Adaptive Bands is a highly customizable Pine Script indicator for traders seeking a versatile tool for multi-timeframe (MTF) analysis. Unlike traditional RSI, it focuses on the Moving Average of RSI (RSI MA), delivering smoother and more flexible trading signals. The main screenshot displays the indicator in two panels to showcase its diverse capabilities. Important: Timeframes do not adjust automatically – users must manually set them to match the chart’s timeframe. Features Core Component: Built around RSI MA, not raw RSI, for smoother trend signals. Multi-Timeframe: Analyze RSI MA across three customizable timeframes (default: 4H, 8H, 12H). Adaptive Bands: Three band calculation methods (Fixed, Percent, StdDev) for dynamic signals. Flexible Signals: Generated via RSI MA crossovers, band interactions, or directional alignment across timeframes. Background Coloring: Highlights when RSI MAs across timeframes move in the same direction, aiding trend confirmation. Screenshot Panels Configuration Upper Panel: Shows RSI, RSI MA, and fixed bands for reversal strategies (RSI crossing bands). Lower Panel: Displays three RSI MAs (Alligator-style) for trend-following, with background coloring for directional alignment. Band Calculation Methods The indicator offers three ways to calculate bands around RSI MA, each with unique characteristics: Fixed Bands Set at a fixed point value (default: 10) above and below RSI MA. Example: If RSI MA = 50, band value = 10 → upper band = 60, lower = 40. Use Case: Best for stable markets or fixed-range preferences. Tip: Adjust the band value to widen or narrow the range based on asset volatility. Percent Bands Calculated as a percentage of RSI MA (default: 10%). Example: If RSI MA = 50, band value = 10% → upper band = 55, lower = 45. Use Case: Ideal for assets with varying volatility, as bands scale with RSI MA. Tip: Experiment with percentage values to match typical price swings. Standard Deviation Bands (StdDev) Based on RSI’s standard deviation over the MA period, multiplied by a user-defined factor (default: 10). Example: If RSI MA = 50, standard deviation = 5, factor = 2 → upper band = 60, lower = 40. Important: The default value (10) may produce wide bands. Reduce to 1–2 for tighter, practical bands. Use Case: Best for dynamic markets with fluctuating volatility. Configuration Options RSI Length: Set RSI calculation period (default: 20). MA Length: Set RSI MA period (default: 20). MA Type: Choose SMA or EMA for RSI MA (default: EMA). Timeframes: Configure three timeframes (default: 4H, 8H, 12H) for MTF analysis. Overbought/Oversold Levels: Optionally display fixed levels (default: 70/30). Background Coloring: Enable/disable for each timeframe to highlight directional alignment. How to Use Add Indicator: Load it onto your TradingView chart. Setup: Reversals: Configure like the upper panel (RSI, RSI MA, bands) and watch for RSI crossing bands. Trends: Configure like the lower panel (three RSI MAs) and look for fastest MA crossovers and background coloring. Adjust Timeframes: Manually set tf1, tf2, tf3 (e.g., 1H, 2H, 4H on a 1H chart) to suit your strategy. Adjust Bands: Choose band type (Fixed, Percent, StdDev) and value. For StdDev, reduce to 1–2 for tighter bands. Experiment: Test settings to match your trading style, whether scalping, swing trading, or long-term. Notes Timeframes: Always match tf1, tf2, tf3 to your chart’s needs, as they don’t auto-adjust. StdDev Bands: Lower the default value (10) to avoid overly wide bands. Versatility: Works across markets (stocks, forex, crypto).
Pine Script® indicator
by Uncle_the_shooter
The Mended Collective: London High/Low KillzonesThis indicator automatically tracks the London session range from 3:00 AM to 8:00 AM EST, plotting the session high and low on your chart. It visually highlights the active killzone and places end-of-session labels to mark the completed range. 🚨 Includes real-time alert conditions to notify traders when price breaks above or below the London session high/low; perfect for breakout or liquidity-based strategies. 🔧 Features: Automatic London session detection (EST time zone) High/Low tracking and plotting during the session Background shading during the session Labels for session high and low after session ends Alert conditions for breakout events
Pine Script® indicator
by themendedcollective
TS Multi-Indicator Trend DetectorDeveloped by KP This indicator provides a visually clean and reliable trend overlay by combining multiple high-confidence technical indicators into a single floating line above price action. It’s designed for traders who want trend clarity without chart clutter. ⸻ 🔍 What It Does: • Uses EMA (21), RSI, MACD, ADX, and Directional Movement (DI) indicators to evaluate the market trend • Assigns a “Bullish” or “Bearish” score based on how many indicators confirm the trend • Plots a floating colored trend line above the price candles to avoid visual interference • 🟡 Yellow Line = Bullish Trend • 🔵 Blue Line = Bearish Trend • Built with multi-timeframe compatibility (works on 5m to weekly charts) • Minimalist, no noise — no arrows, no labels, just clarity ⸻ ⚙️ How It Works: • Trend shifts when 3 or more out of 5 conditions are met: • Price above/below 21 EMA • RSI > 50 or < 50 • MACD crossover • ADX strength confirmation • Directional movement dominance (+DI vs -DI) ⸻ 🧠 Why Use This? Unlike traditional moving averages or lagging signals, this tool filters market noise using a multi-indicator consensus approach, then visualizes it as a non-intrusive floating trend line — helping you focus only on meaningful price action. ⸻ ✅ Best For: • Swing traders, intraday trend followers, and algo developers • Clean-chart enthusiasts who value signal quality over quantity ⸻
Pine Script® indicator
by kaps1972
EMA Curl Strength📌 EMA Curl Strength EMA Curl Strength is a trend momentum oscillator based on the slope of an EMA, normalized using Z-scores. It helps identify when a market is trending vs. ranging, and how strong the current momentum is. ⸻ 🔍 How it works: • Measures the slope of an EMA and standardizes it with Z-scores. • Smooths the result and compares it to a signal line. • The histogram shows the difference between the two. • Color-coded lines represent mild, moderate, and strong trend strength. ⸻ 🧠 How to use it: • Watch for crosses of the zero line as possible trade signals. • Use bright green/red for strong trends, gray/faint tones for weak or ranging conditions. • Best used with other indicators (like RSI, moving averages, or price action) for trade confirmation. ⸻ ⚙️ Key Features: • Adjustable EMA, smoothing, and histogram settings • Custom Z-score thresholds for trend strength • Toggleable threshold lines (mild, moderate, strong) • Optional zero-cross dots and color gradient fill • All colors and styles customizable ⸻ 🛠️ Input Overview: • EMA Length: Speed of trend detection • Smoothing Lengths: Control signal smoothness • Z Lookback: Sensitivity to slope changes • Histogram Settings: Affect shape and signal of histogram • Gradient Opacity: Controls background color fill strength • Toggle Lines & Dots: Show/hide elements like threshold lines or cross markers
Pine Script® indicator
by jrp320
Trend Blend Trend blend is my new indicator. I use it to identify my bias when trading and filter out fake setups that are going in the wrong direction. Trend blend utilises the 9 EMA (Red), 21 EMA (Black), and if you trade futures or Bitcoin, you can also use the VWAP (Blue). There is also a table at the top right that displays the chart time frame bias I prefer to use the 1-hour time frame for bias and execute the trades on 5-minute charts, mainly, and sometimes on the 1-minute for a smaller stoploss. Here's an example of the trade I took during the London session on XAU/USD 1 hour bias was Bearish Price broke out of the range I waited for the London session to open, where I ended up taking a short on the 5-minute time frame as we broke out of the pre-London range Entry was at the Fair Value Gap (5-minute bias was also Bearish as price traded into the FVG) Stoploss was at the last high Take Profit was the next major support level Another set that I like to trade with the Trend blend is when price is trending bullish and price trades inside the 9 and 21 EMA, and there is a bullish candle closer above the 9 EMA with Stoploss below the low of the bullish candle and Take profit between 1-2 Risk to Reward Same when there's a bearish trend, I wait for price to trade inside the 9 and 21 EMA, and I'll take sells when a bearish candle closes below the 9 EMA. This setup works best in strong trends, or it can be used to enter a trade on a pullback or to scale into an existing trade.
Pine Script® indicator
by Intrusivefx
RSI-ADX WindowThe RSI-ADX Window is a multi-timeframe momentum indicator that simultaneously monitors five major futures instruments (NQ, ES, GC, RTY, YM) by combining ADX trend strength analysis from a 15-second timeframe with RSI momentum readings from a 1-minute timeframe. It generates buy signals when ADX is above 25 and RSI is at or below 30 (oversold), and sell signals when ADX is above 25 and RSI is at or above 70 (overbought), displaying these conditions as green and red background bands respectively while providing individual alerts for each instrument along with a real-time dashboard showing current values and signal status for all monitored markets.
Pine Script® indicator
by Abundance_Alchemy
Dual HalfTrend Enhanced"Hello friends, this is a trend indicator, I created this indicator inspired by HalfTrend. "It's a very simple logic on how to trade in this. There are two types of trend periods in this, one small and one large. Whichever is the larger trend, that is our pro-trend. Now, we enter that trend when the pro-trend comes in the smaller trend. For example... if the bigger trend is showing an uptrend, we will only look for buy signals. When the smaller trend also turns into an uptrend, we enter a buy trade. the sell scenarios are the same.
Pine Script® indicator
by sulfi_lcfx
MACD+ Enhanced 0.5The MACD+ Enhanced 0.5 is a sophisticated technical analysis tool that combines multiple indicators to provide a comprehensive view of market trends and potential trading opportunities. This indicator is designed to help traders identify market direction, strength, and potential reversal points with higher accuracy. Key Features: - Advanced MACD analysis with customizable parameters - RSI integration for momentum confirmation - Volume analysis for trade validation - Trend strength visualization - Divergence detection - Real-time signal strength calculation - Visual trend zones and trend change markers - Comprehensive status table How to Use: 1. The indicator displays three main components: - MACD with signal line and histogram - RSI (optional) - Volume analysis (optional) 2. Trading Signals: - Strong buy signals occur when multiple factors align (MACD crossover, RSI confirmation, high volume) - Strong sell signals appear when bearish conditions are confirmed across indicators - Divergence signals help identify potential trend reversals 3. Visual Guidance: - Color-coded background indicates current trend (green for uptrend, red for downtrend) - Trend change markers show when significant trend shifts occur - Status table provides real-time analysis of all components Important Notes: - This indicator is designed as a supplementary tool and should not be used in isolation - Always combine with other analysis methods and risk management strategies - Past performance does not guarantee future results - Recommended for use on multiple timeframes for confirmation
Pine Script® indicator
by truman_idname
Candle StrengthCandle Strength Indicator Candle Strength Indicator helps traders identify strong bullish or bearish candles based on their body-to-range ratio and volume conditions. The indicator calculates the strength of each candle using the formula: Candle Strength = (Close – Open) / (High – Low) A value close to +1 indicates strong buying pressure. A value close to –1 indicates strong selling pressure. A value near 0 suggests indecision or weak movement. To improve signal quality, the indicator filters candles by volume — only highlighting those with volume greater than the moving average. When a strong candle is detected: Upward green arrows appear for strong bullish candles. Downward red arrows appear for strong bearish candles. You can customize: Timeframe of candle data. Volume lookback period. Strength threshold for signal display.
Pine Script® indicator
by TCMaster
Prior OHLMCPrior OHLC Plus Median - Free Open Source Indicator This indicator plots essential reference levels from previous time periods to help traders identify potential support, resistance, and pivot zones. It displays the Open, High, Low, Close, and importantly, the Median (HL2) levels from the prior year, month, week, and day. What It Does: Plots OHLC levels from previous year, month, week, and day periods Includes median levels (High + Low / 2) for each timeframe Automatically updates as new periods begin Clean, customizable display that won't clutter your charts Why These Levels Matter: Prior period levels serve as important reference points because they represent areas where significant price action occurred previously. These levels often act as magnets for future price movement - not because of any mystical properties, but due to the collective memory of market participants and algorithmic trading systems that reference these same historical points. The median levels are particularly valuable yet frequently overlooked. While traders commonly watch prior highs and lows, the median often provides cleaner reaction points with less noise than the extreme levels. Practical Application: These levels work best as part of a comprehensive trading approach. Use them to: Identify potential entry and exit zones Set logical stop-loss and take-profit levels Gauge the strength of breakouts and breakdowns Confluence with other technical analysis tools Important Note: This indicator provides reference levels, not trading signals. Like any technical tool, these levels should be combined with proper risk management, market context, and additional confirmation methods. They're one valuable piece of the trading puzzle - not a standalone solution. Available as open source - feel free to modify and adapt to your specific trading needs.
Pine Script® indicator
by PonoTrading