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MTF Trend Table - Manual InputMTF Trend Table - Manual Input Description: This indicator displays a simple and clear multi-timeframe (MTF) trend table in the upper right corner of your chart. You can manually set the current trend direction (Up, Down, or Neutral) for each timeframe: Monthly, Weekly, Daily, 4h, 1h, and 15min. The table shows the status of each timeframe with colored backgrounds—green for Up, red for Down, and gray for Neutral—making it easy to monitor trend alignment across different timeframes at a glance. Features: Manual selection of trend direction for each timeframe. Color-coded status: green (Up), red (Down), gray (Neutral). Quickly visualize trend alignment across Monthly, Weekly, Daily, 4h, 1h, and 15min. Table is positioned in the top right corner of the chart for easy reference. How to use: Open the indicator settings and select the trend direction for each timeframe based on your own analysis. Use this tool as a visual aid to track and confirm trend bias in your trading system.
Pine Script® indicator
by HiTTz_Crypto
NEPALI DASHBOARD NEPALI DASHBORAD - All-In-One Sentiment Dashboard Overview The NEPALI DASHBORAD is a comprehensive, all-in-one dashboard designed to give day traders a quick yet powerful overview of market sentiment. Instead of cluttering your chart with dozens of individual indicators, this tool consolidates the signals from 11 different technical indicators into a single, easy-to-read table. It calculates an overall bull/bear sentiment score and provides a trading recommendation based on the confluence of these signals, helping you make more informed decisions at a glance. The dashboard is fully customizable, allowing you to adjust indicator settings, change the table size, and move it to any corner of your chart. Key Features Multi-Indicator Analysis: Gathers data from 11 essential indicators covering trend, momentum, volume, and volatility. Sentiment Score: Calculates a simple "Bull vs. Bear" score to instantly gauge market sentiment. Actionable Recommendations: Provides a clear trading recommendation (Strong Buy, Buy, Sell, Strong Sell, Hold) based on the strength of the confluence. Higher Timeframe (HTF) Context: Includes an HTF trend analysis to ensure your trades align with the bigger picture. Customizable Dashboard: Easily change the size and position of the dashboard to fit your workspace. How to Use Check the Market Sentiment: Look at the "Bull vs. Bear" score first. A high score (e.g., 8 vs. 3) indicates strong confluence in one direction. Verify the HTF Trend: Ensure your intended trade direction aligns with the higher timeframe trend for better probability. For example, be cautious about taking "SELL" signals if the HTF Trend is strongly "BULL." Use the Recommendation as a Guide: The "Recommendation" and "Confidence" % give you a summary of the indicator signals. A "STRONG BUY" or "STRONG SELL" means that a significant majority of the indicators are in agreement. Drill Down into Indicators: Use the individual indicator statuses in the table to understand why the market sentiment is bullish or bearish. For example, you might see that momentum indicators (RSI, Stoch) are bullish, but trend indicators (MA, MACD) are still lagging. Combine with Your Strategy: This dashboard is a powerful confirmation tool. Use its signals to confirm entries and exits for your existing trading strategy. Do not use it as a standalone signal provider. Disclaimer In simple terms: This is a tool for analysis, not a signal to trade. Your money is your responsibility. This script is for educational and informational purposes only. I am not a financial advisor; I am just a learner sharing my work. The information and tools provided are not, and should not be construed as, financial advice, an offer, or a solicitation to buy or sell any securities. Trading and investing in financial markets involve substantial risk of loss and is not suitable for every investor. I do not guarantee the accuracy, completeness, or profitability of this script. All trading decisions you make are your own, and you are solely responsible for any resulting profits or losses. Always conduct your own research and seek advice from a qualified financial advisor before making any investment decisions. By using this script, you agree that I am not liable for any and all losses you may incur.
Pine Script® indicator
by nppaul
Ticker Industry and Competitor LookupThe Ticker Industry and Competitor Lookup is a comprehensive indicator that provides instant access to industry classification data and competitive intelligence for any ticker symbol. Built using the advanced SIC_TICKER_DATA library, this tool delivers professional-grade sector analysis with enterprise-level performance. It's a simple yet great tool for competitor research, sector studies, portfolio diversification, and investment decision-making. This indicator is a simple tool built on based on our SIC_TICKER_DATA library to demonstrate the use cases of the library. In this case, you enter a ticker and it displays the sector, SIC or Standard Industrial Classification which is a SEC identifier, and more importantly, the competitors that are listed to be in the exact same SIC by SEC. There isn't much to say about the indicator itself but we strongly recommend checking out the SIC_TICKER_DATA library we just published to learn more about the types of indicators you can build using it.
Pine Script® indicator
by EdgeTerminal
Profitable Loser Model [MMT]Profitable Loser Model Overview The Profitable Loser Model is a powerful PineScript v6 indicator designed to enhance your trading by visualizing key price levels, session open zones, Fibonacci retracements, and premium/discount zones. This overlay indicator provides traders with a customizable toolkit to analyze market structure across any timeframe, making it ideal for intraday and swing trading strategies. Features Open Zone Visualization - Plots a box based on the open and close of the first candle in a user-defined timeframe (default: 5-minute). - Customizable box color, projection offset, and label size (Tiny, Small, Normal, Large). - Displays a timeframe label (e.g., "5m Open Zone") for quick reference, toggleable on/off. Session Open Lines - Optionally draws horizontal lines at key session opens (8:30 AM, 9:30 AM, 1:30 PM, Midnight, New York time). - Customize line color, style (Solid, Dashed, Dotted), width, and label size for each session. - Perfect for identifying critical intraday price levels. Premium and Discount Zones - Highlights premium (above midpoint) and discount (below midpoint) zones based on session high/low. - Toggleable with customizable colors and projection offsets. - Helps traders spot overbought/oversold areas for potential mean-reversion trades. Fibonacci Retracement Levels - Plots user-defined Fibonacci levels (default: 0.23, 0.35, 0.5, 0.62, 0.705, 0.79, 0.886, 1, 1.1). - Customizable line style, width, color, and labels (showing percentage and/or price). - Dynamically adjusts based on price movement relative to the open zone. Take Profit (TP) and Stop Loss (SL) Levels - Highlights TP (default: 0.23) and SL (default: 1.1) Fibonacci levels with distinct colors. - Fully customizable to align with your risk-reward strategy. How It Works - Session Detection : Resets daily (or per user-defined timeframe) to capture the first candle's open, high, low, and close. - Open Zone : Draws a box between the open and close, extended forward by the projection offset. - Session Lines : Plots lines at specified session opens with customizable styles and labels. - Fibonacci Retracement : Adjusts levels dynamically based on session high/low and price action. - Premium/Discount Zones : Calculated from the session range midpoint, updated in real-time. Settings - Open Zone : - Timeframe (default: 5m), Calculate Timeframe (default: Daily). - Toggle label, adjust size, box color, and projection offset. - Session Open Lines : - Enable/disable lines for 8:30 AM, 9:30 AM, 1:30 PM, Midnight. - Customize color, style, width, label size, and vertical offset. - Premium/Discount Zones : - Toggle visibility, set colors, and adjust projection offset. - Fibonacci Retracement : - Toggle visibility, set custom levels, line style, width, color, and label options. - Adjust projection offset. - TP/SL : - Set TP/SL Fibonacci levels and colors. Use Cases - Intraday Trading : Use session open lines and open zones to trade key market hours. - Swing Trading : Leverage Fibonacci levels for potential reversal or continuation zones. - Risk Management : Set precise TP/SL levels based on Fibonacci retracements. - Market Structure : Identify overbought/oversold zones with premium/discount areas. Notes - Optimized with `dynamic_requests = true` for efficient real-time data handling. - Visual elements (boxes, lines, labels) are cleaned up at the start of each new session. - Session lines use New York time (`America/New_York`) for alignment with major markets.
Pine Script® indicator
by isthattyler
12
Normalized Fibonacci Retracement (MTF/LOG)A question: Instead of creating indicators that constantly plot Fibonacci Retracement levels in a visually overwhelming way, why don't we redefine them on a different scale? 🤨 Overview The Normalized Fibonacci Retracement indicator converts price data to a 0-100 scale based on the selected timeframe's high-low range, displaying normalized candlesticks alongside standard Fibonacci levels (23.6%, 38.2%, 50%, 61.8%, 78.6%). This normalization reveals patterns that may be hidden in absolute price charts and allows consistent analysis across different instruments. Originality By normalizing prices to percentages, this indicator enables pattern recognition independent of absolute price levels. The same formation at $10-$20 and $1000-$2000 appears identical on the normalized scale, helping traders identify recurring structures across various assets and timeframes. Concepts The indicator uses a simple formula to transform price data into percentages. This creates a bounded scale where patterns become comparable regardless of the underlying asset's price range. The normalized view often reveals symmetries and relationships not visible in traditional price charts. Mechanics The system tracks highs and lows within the selected timeframe as anchor points. When a new period begins, fresh boundaries are established and prices recalculated. Trend direction is determined by timing of extremes. Linear scaling uses direct percentage calculation, while logarithmic scaling applies exponential interpolation for assets with large percentage moves. Functions Timeframe Selection: Higher timeframe analysis on any chart resolution Normalized Display: OHLC data converted to 0-100 percentage scale Fibonacci Levels: Standard retracement levels plotted automatically Scaling Options: Linear or logarithmic calculation methods Pattern Recognition: Reveals formations hidden in absolute price charts Moving Average: Optional 20-period SMA overlay Notes Ensure chart data covers the full selected timeframe for accurate calculations. Use logarithmic scaling for volatile assets with large percentage moves. The normalized scale is effective at revealing patterns and structures that remain consistent across different price ranges, making it particularly useful for comparative analysis and pattern-based trading strategies. I hope it helps everyone. Do not forget to manage your risk. And trade as safely as possible. Best of luck!
Pine Script® indicator
by dg_factor
5
Sector SPDR ETFsThis script automatically identifies the SPDR sector ETF that corresponds to the currently viewed US stock ticker. It maps over 500 US-listed stocks to their respective SPDR sector ETFs — such as XLK (Technology), XLF (Financials), XLY (Consumer Discretionary), and others — based on pre-defined symbol lists. When applied to a chart, the script displays a label below the last candle showing the SPDR sector symbol (e.g., "XLE" for Energy stocks like XOM). This allows traders and investors to quickly understand the sector classification of any stock they analyze. Key Features: Maps tickers to SPDR sector ETFs: XLC, XLY, XLP, XLE, XLF, XLV, XLI, XLB, XLRE, XLK, and XLU. Displays the corresponding sector label on the chart. Helpful for sector rotation strategies, macro analysis, or thematic investing.
Pine Script® indicator
by huynhphan89
Scalping Candle [Crak x MMT]The Scalping Candle is a TradingView indicator designed for scalping strategies, identifying potential bullish and bearish engulfing patterns on price charts. It overlays directly on the chart and marks specific candle patterns with visual signals, helping traders spot short-term trading opportunities. The indicator includes a customizable bias filter to focus on bullish, bearish, or neutral market conditions. Features Overlay Indicator : Displays bullish and bearish signals directly on the price chart. Bias Filter : Allows users to select a market bias ('Bullish', 'Bearish', or 'Neutral') to filter signals based on their trading preference. Visual Signals : Plots green upward triangles below bullish candles and red downward triangles above bearish candles. Alerts : Generates alerts for bullish and bearish engulfing patterns, enabling timely notifications for trade setups. How It Works The indicator analyzes the relationship between the current and previous candles to detect engulfing patterns: Bullish Engulfing : Triggered when the current candle's low is at or below the previous candle's low, and its close is at or above the previous candle's midpoint. This signal is displayed only if the bias filter is set to 'Neutral' or 'Bullish'. Bearish Engulfing : Triggered when the current candle's high is at or above the previous candle's high, and its close is at or below the previous candle's midpoint. This signal is displayed only if the bias filter is set to 'Neutral' or 'Bearish'. The previous candle's midpoint is calculated as the average of its high and low prices. Usage - Add to Chart : Apply the indicator to any TradingView chart. - Configure Bias Filter : Neutral : Displays both bullish and bearish signals. Bullish : Displays only bullish signals. Bearish : Displays only bearish signals. - Interpret Signals : Green upward triangle below a candle indicates a potential bullish reversal. Red downward triangle above a candle indicates a potential bearish reversal. - Set Alerts : Use the built-in alert conditions to receive notifications when bullish or bearish engulfing patterns are detected. Settings Bias Filter : Choose between 'Neutral', 'Bullish', or 'Bearish' to control which signals are displayed. Shape Size : Signals are plotted as small triangles for minimal chart clutter. Alert Conditions : Enable alerts for 'Bullish Engulfing Detected' or 'Bearish Engulfing Detected' to stay informed of new signals. Ideal Use Case This indicator is tailored for scalpers and short-term traders looking to capitalize on quick price movements driven by engulfing candle patterns. It works best on 15-minute chart and can be combined with other technical tools for confirmation.
Pine Script® indicator
by isthattyler
3
NQ Position Size CalculatorNQ Position Size Line Calculator is designed specifically for Nasdaq 100 futures (NQ) and micro futures (MNQ) traders who want to maintain disciplined risk management. This visual tool eliminates the guesswork from position sizing by displaying distance lines and contract calculations directly on your chart. The indicator creates horizontal lines at 10-tick intervals from your stop loss level, showing you exactly how many contracts to trade at each distance to maintain your predetermined risk amount. Whether you're trading regular NQ contracts or micro MNQ contracts, this calculator ensures you never risk more than intended while providing instant visual feedback for optimal position sizing decisions. How to Use the Indicator Step 1: Configure Your Settings Stop Loss Price: Enter your exact stop loss level (e.g., 20000.00) Risk Amount ($): Set your maximum dollar risk per trade (e.g., $500) Contract Type: Choose between: NQ (Regular): $5 per tick - for larger accounts MNQ (Micro): $0.50 per tick - for smaller accounts or conservative sizing Display Options: Max Lines: Number of distance lines to show (default: 30) Show Labels: Toggle tick distance and contract count labels Line Color: Customize the color of distance lines Label Size: Choose tiny, small, or normal label sizes Step 2: Read the Visual Display Once configured, the indicator displays: Stop Loss Line: Thick yellow line marking your exact stop loss level Yellow label showing the stop loss price Distance Lines: Dashed red lines at 10-tick intervals above and below your stop loss Lines appear on both sides for long and short position planning Labels (if enabled): Green labels (right side): For long positions above your stop loss Red labels (left side): For short positions below your stop loss Format: "20T 5x" means 20 ticks distance, 5 contracts maximum Step 3: Use the Information Tables The indicator provides two helpful tables: Position Size Table (top-right): Shows common tick distances (10, 20, 40, 80, 160 ticks) Displays risk per contract at each distance Contract count for your specified risk amount Total risk with rounded contract numbers Settings Table (bottom-right): Confirms your current risk amount Shows selected contract type Displays current settings for quick reference Step 4: Apply to Your Trading For Long Positions: Look at the green labels on the right side of your chart Find your desired entry level Read the label to see: distance in ticks and maximum contracts Example: "30T 8x" = 30 ticks from stop, buy 8 contracts maximum For Short Positions: Look at the red labels on the left side of your chart Find your desired entry level Read the label for tick distance and contract count Example: "40T 6x" = 40 ticks from stop, sell 6 contracts maximum Step 5: Trading Execution Before Entering a Trade: Identify your stop loss level and input it into the indicator Choose your entry point by looking at the distance lines Note the contract count from the corresponding label Verify the risk amount matches your trading plan Execute your trade with the calculated position size Risk Management Features: Contract rounding: All position sizes are rounded down (never up) to ensure you don't exceed your risk limit Zero position filtering: Lines only show where position size is at least 1 contract Dual-sided display: Plan both long and short opportunities simultaneously
Pine Script® indicator
by birdmanx
2
Rolling Log Returns [BackQuant]Rolling Log Returns The Rolling Log Returns indicator is a versatile tool designed to help traders, quants, and data-driven analysts evaluate the dynamics of price changes using logarithmic return analysis. Widely adopted in quantitative finance, log returns offer several mathematical and statistical advantages over simple returns, making them ideal for backtesting, portfolio optimization, volatility modeling, and risk management. What Are Log Returns? In quantitative finance, logarithmic returns are defined as: ln(Pₜ / Pₜ₋₁) or for rolling periods: ln(Pₜ / Pₜ₋ₙ) where P represents price and n is the rolling lookback window. Log returns are preferred because: They are time additive : returns over multiple periods can be summed. They allow for easier statistical modeling , especially when assuming normally distributed returns. They behave symmetrically for gains and losses, unlike arithmetic returns. They normalize percentage changes, making cross-asset or cross-timeframe comparisons more consistent. Indicator Overview The Rolling Log Returns indicator computes log returns either on a standard (1-period) basis or using a rolling lookback period , allowing users to adapt it to short-term trading or long-term trend analysis. It also supports a comparison series , enabling traders to compare the return structure of the main charted asset to another instrument (e.g., SPY, BTC, etc.). Core Features ✅ Return Modes : Normal Log Returns : Measures ln(price / price ), ideal for day-to-day return analysis. Rolling Log Returns : Measures ln(price / price ), highlighting price drift over longer horizons. ✅ Comparison Support : Compare log returns of the primary instrument to another symbol (like an index or ETF). Useful for relative performance and market regime analysis . ✅ Moving Averages of Returns : Smooth noisy return series with customizable MA types: SMA, EMA, WMA, RMA, and Linear Regression. Applicable to both primary and comparison series. ✅ Conditional Coloring : Returns > 0 are colored green ; returns < 0 are red . Comparison series gets its own unique color scheme. ✅ Extreme Return Detection : Highlight unusually large price moves using upper/lower thresholds. Visually flags abnormal volatility events such as earnings surprises or macroeconomic shocks. Quantitative Use Cases 🔍 Return Distribution Analysis : Gain insight into the statistical properties of asset returns (e.g., skewness, kurtosis, tail behavior). 📉 Risk Management : Use historical return outliers to define drawdown expectations, stress tests, or VaR simulations. 🔁 Strategy Backtesting : Apply rolling log returns to momentum or mean-reversion models where compounding and consistent scaling matter. 📊 Market Regime Detection : Identify periods of consistent overperformance/underperformance relative to a benchmark asset. 📈 Signal Engineering : Incorporate return deltas, moving average crossover of returns, or threshold-based triggers into machine learning pipelines or rule-based systems. Recommended Settings Use Normal mode for high-frequency trading signals. Use Rolling mode for swing or trend-following strategies. Compare vs. a broad market index (e.g., SPY or QQQ ) to extract relative strength insights. Set upper and lower thresholds around ±5% for spotting major volatility days. Conclusion The Rolling Log Returns indicator transforms raw price action into a statistically sound return series—equipping traders with a professional-grade lens into market behavior. Whether you're conducting exploratory data analysis, building factor models, or visually scanning for outliers, this indicator integrates seamlessly into a modern quant's toolbox.
Pine Script® indicator
by BackQuant
Gold DynamicThis is a custom-made TradingView indicator designed to visualize "sequential price levels" based on a user-defined step value, dynamically centered around the current gold price. It draws horizontal lines at multiples of a chosen step value (e.g., 7) both above and below the current price. Key Features: Dynamic Price Levels: Lines are calculated relative to the live price, providing relevant support/resistance or structural levels for the current market context. Customizable Step Value: Easily adjust the Sequence Step Value (e.g., 7, 10, 14) from the indicator settings to align with your trading theory. Adjustable Line Count: Control the Number of Lines ABOVE Current Price and Number of Lines BELOW Current Price to show as many or as few levels as desired. Extended Lines: Horizontal lines extend indefinitely to both the left (historical data) and right (future projection) for comprehensive visualization. Clear Price Labels: Each line displays its exact price value, positioned at the far right of the chart for quick reference. Customizable Appearance: Modify line color, width, and style (solid, dotted, dashed) to suit your charting preferences. Exact Values: All displayed price labels are rounded to whole numbers for clear, precise visualization without decimal values. This indicator is ideal for traders looking to apply a fixed-step price theory to their gold analysis.
Pine Script® indicator
by pipsmix0
Z-Score Volume with CVD ConfirmationZ-Score Volume with CVD Confirmation is a volume-based confluence tool that enhances traditional volume analysis by combining Z-Score volume anomalies with Cumulative Volume Delta (CVD) confirmation. This indicator helps traders identify unusual volume activity that aligns with directional order flow, offering a cleaner signal for potential breakout or reversal scenarios. 🔍 Key Features: Z-Score Calculation: Measures how extreme current volume is relative to its recent average, highlighting statistically significant surges or drops. CVD Confirmation: Uses Cumulative Volume Delta candles (open/high/low/close) to assess buying vs. selling pressure in lower timeframes. Bar Color Logic: Green: High Z-Score volume confirmed by CVD bullish candle Red: High Z-Score volume confirmed by CVD bearish candle Other color bands show progressively strong or weak volume outliers Real Volume Bar Heights: Volume bars retain true scale while color reflects underlying order flow strength and direction. 💡 Use Cases: Breakout validation: Confirm price range breaks when volume surge is supported by CVD direction Fade setups: Detect unsustainable high-volume moves lacking CVD support Trend continuation: Spot momentum when both Z-Score and CVD align in the direction of the trend ⚙️ How to Use: Adjust the Z-Score length to define how far back to measure average and deviation. Select your anchor timeframe (typically 1D) and a lower timeframe for CVD calculations (e.g., 1-minute). Use color-coded volume bars to assess volume significance and directional flow at a glance. Add the standard volume indicator to the chart so one can compare the difference between the standard volume indicator and the Z-Score Volume with CVD Confirmation script. Useful at specific price levels and exiting ranges or not.
Pine Script® indicator
by immediatePerso44773
Manual VAH/VAL LevelsManual VAH/VAL Levels is a utility indicator that lets traders manually display the Value Area High (VAH) and Value Area Low (VAL) from the prior trading day, based on a Fixed Range Volume Profile tool. This script is designed to: Draw horizontal lines at the manually input VAH and VAL levels Label each line with the corresponding price, aligned clearly to the right of the chart Display levels only during the regular trading session for focused market context Maintain a clean chart appearance with transparent label backgrounds 💡 How to Use: Apply TradingView's Fixed Range Volume Profile tool to the prior day's session Manually enter the VAH and VAL values into the script settings The script will draw and label these levels dynamically during the NY market session This tool is ideal for: Traders using volume-based key levels for intraday decision-making Contextualizing price action near areas of prior day value Confluence analysis when paired with opening range, CVD, or breakout systems
Pine Script® indicator
by immediatePerso44773
Watermark Clarity V33🌟 Introducing Watermark Clarity V33 – Banner 🌟 Watermark Clarity V33 is a visual utility tool designed to enhance chart awareness, focus, and clean aesthetics without adding market noise. Unlike traditional indicators, this script does not generate buy/sell signals or perform technical analysis. Instead, it provides a customizable on-chart watermark banner that clearly communicates your current mindset, risk awareness, or trading bias directly on the chart — helping traders stay aligned with their pre-defined plans and reducing impulsive behavior. Whether you’re a discretionary trader, scalper, or swing trader, Watermark Clarity V33 offers an adaptive display that blends clarity with minimalism, keeping your chart clean while remaining informative. 🛠 Customizable Parameters • Dual Text Banners: Configure two independent headers to reflect trading goals, risk posture, or emotional cues. • Smart Animation Toggle: Optionally animate between messages to help reinforce shifting market awareness or draw attention during high-alert periods. • Size, Color & Positioning: Adjust the info box’s text size, banner dimensions, background color, transparency, and placement (top/middle/bottom – left/center/right). • Transparent Mode: Switch to semi-transparent mode for cleaner overlays during live sessions or screen recording. 🚀 New Feature – Custom Alerts & Smart Animation Control • Market-Aware Animation Logic: When Enable Animation is turned on and both Heading 1 and Heading 2 are filled: • 📈 During Market Hours → The banner alternates smoothly between both headings, helping maintain awareness and visual engagement. • 💤 Outside Market Hours → The banner remains fixed on Heading 1. This acts as a subtle visual cue that markets are currently closed — giving you peace of mind and a cleaner screen. ✨ Visual Utility Use Cases • Accountability Layer: Keep yourself accountable to your trading rules or session checklist. • Mindset Anchor: Display motivational or tactical reminders that guide your trading behavior. • Multi-Timeframe Syncing: Use different watermarks across charts to stay aligned across timeframes or instruments. 📘 How to Use 1. Add the Indicator: Apply “Watermark Clarity V33 – Banner” to your chart. 2. Configure Inputs: Adjust the banner texts, size, color scheme, and screen position to your liking. 4. Focus & Trade: Let the visual cue support your decision-making environment without interfering with price action. ❗ Important Notes • This indicator does not analyze price data or generate signals. It is designed solely for visual clarity and trader discipline support. • All display logic runs in real-time and responds to your settings only, no repainting or lookahead bias.
Pine Script® indicator
by AR33_
LotSize Calculator - psyploThis indicator provides a convenient on-chart lot size calculator designed to assist traders with precise position sizing based on account balance, risk tolerance, and trade parameters. Key Features: Custom Account Sizing: Define your account size and risk percentage per trade. Flexible Risk Units: Choose between percentage or fixed currency risk models. Support for Multiple Currencies: Select from a wide range of currencies including USD, EUR, GBP, INR, and even crypto options like USDT. Dual Sizing Methods: Configure position size using either quantity or lot-based models, with optional rounding. Visual Trade Levels: Displays configurable entry, stop loss (SL), and take profit (TP) lines on the chart. Style Customization: Customize the color, line style, and visibility of each level for better chart readability. Ideal Use Case: Designed for manual traders seeking real-time clarity and consistency in risk management without needing to calculate lot size externally. Disclaimer: This tool is for informational purposes only. Always practice responsible risk management and perform due diligence before trading.
Pine Script® indicator
by psyplo
SIP Evaluator and Screener [Trendoscope®]The SIP Evaluator and Screener is a Pine Script indicator designed for TradingView to calculate and visualize Systematic Investment Plan (SIP) returns across multiple investment instruments. It is tailored for use in TradingView's screener, enabling users to evaluate SIP performance for various assets efficiently. 🎲 How SIP Works A Systematic Investment Plan (SIP) is an investment strategy where a fixed amount is invested at regular intervals (e.g., monthly or weekly) into a financial instrument, such as stocks, mutual funds, or ETFs. The goal is to build wealth over time by leveraging the power of compounding and mitigating the impact of market volatility through disciplined, consistent investing. Here’s a breakdown of how SIPs function: Regular Investments : In an SIP, an investor commits to investing a fixed sum at predefined intervals, regardless of market conditions. This consistency helps inculcate a habit of saving and investing. Cost Averaging : By investing a fixed amount regularly, investors purchase more units when prices are low and fewer units when prices are high. This approach, known as dollar-cost averaging, reduces the average cost per unit over time and mitigates the risk of investing a large amount at a peak price. Compounding Benefits : Returns generated from the invested amount (e.g., capital gains or dividends) are reinvested, leading to exponential growth over the long term. The longer the investment horizon, the greater the potential for compounding to amplify returns. Dividend Reinvestment : In some SIPs, dividends received from the underlying asset can be reinvested to purchase additional units, further enhancing returns. Taxes on dividends, if applicable, may reduce the reinvested amount. Flexibility and Accessibility : SIPs allow investors to start with small amounts, making them accessible to a wide range of individuals. They also offer flexibility in terms of investment frequency and the ability to adjust or pause contributions. In the context of the SIP Evaluator and Screener , the script simulates an SIP by calculating the number of units purchased with each fixed investment, factoring in commissions, dividends, taxes and the chosen price reference (e.g., open, close, or average prices). It tracks the cumulative investment, equity value, and dividends over time, providing a clear picture of how an SIP would perform for a given instrument. This helps users understand the impact of regular investing and make informed decisions when comparing different assets in TradingView’s screener. It offers insights into key metrics such as total invested amount, dividends received, equity value, and the number of installments, making it a valuable resource for investors and traders interested in understanding long-term investment outcomes. 🎲 Key Features Customizable Investment Parameters: Users can define the recurring investment amount, price reference (e.g., open, close, HL2, HLC3, OHLC4), and whether fractional quantities are allowed. Commission Handling: Supports both fixed and percentage-based commission types, adjusting calculations accordingly. Dividend Reinvestment: Optionally reinvests dividends after a user-specified period, with the ability to apply tax on dividends. Time-Bound Analysis: Allows users to set a start year for the analysis, enabling historical performance evaluation. Flexible Dividend Periods: Dividends can be evaluated based on bars, days, weeks, or months. Visual Outputs: Plots key metrics like total invested amount, dividends, equity value, and remainder, with customizable display options for clarity in the data window and chart. 🎲 Using the script as an indicator on Tradingview Supercharts In order to use the indicator on charts, do the following. Load the instrument of your choice - Preferably a stable stocks, ETFs. Chose monthly timeframe as lower timeframes are insignificant in this type of investment strategy Load the indicator SIP Evaluator and Screener and set the input parameters as per your preference. Indicator plots, investment value, dividends and equity on the chart. 🎲 Visualizations Installments : Displays the number of SIP installments (gray line, visible in the data window). Invested Amount : Shows the cumulative amount invested, excluding reinvested dividends (blue area plot). Dividends : Tracks total dividends received (green area plot). Equity : Represents the current market value of the investment based on the closing price (purple area plot). Remainder : Indicates any uninvested cash after each installment (gray line, visible in the data window). 🎲 Deep dive into the settings The SIP Evaluator and Screener offers a range of customizable settings to tailor the Systematic Investment Plan (SIP) simulation to your preferences. Below is an explanation of each setting, its purpose, and how it impacts the analysis: 🎯 Duration Start Year (Default: 2020) : Specifies the year from which the SIP calculations begin. When Start Year is enabled via the timebound option, the script only considers data from the specified year onward. This is useful for analyzing historical SIP performance over a defined period. If disabled, the script uses all available data. Timebound (Default: False) : A toggle to enable or disable the Start Year restriction. When set to False, the SIP calculation starts from the earliest available data for the instrument. 🎯 Investment Recurring Investment (Default: 1000.0) : The fixed amount invested in each SIP installment (e.g., $1000 per period). This represents the regular contribution to the SIP and directly influences the total invested amount and quantity purchased. Allow Fractional Qty (Default: True) : When enabled, the script allows the purchase of fractional units (e.g., 2.35 shares). If disabled, only whole units are purchased (e.g., 2 shares), with any remaining funds carried forward as Remainder. This setting impacts the precision of investment allocation. Price Reference (Default: OPEN): Determines the price used for purchasing units in each SIP installment. Options include: OPEN : Uses the opening price of the bar. CLOSE : Uses the closing price of the bar. HL2 : Uses the average of the high and low prices. HLC3 : Uses the average of the high, low, and close prices. OHLC4 : Uses the average of the open, high, low, and close prices. This setting affects the cost basis of each purchase and, consequently, the total quantity and equity value. 🎯 Commission Commission (Default: 3) : The commission charged per SIP installment, expressed as either a fixed amount (e.g., $3) or a percentage (e.g., 3% of the investment). This reduces the amount available for purchasing units. Commission Type (Default: Fixed) : Specifies how the commission is calculated: Fixed ($) : A flat fee is deducted per installment (e.g., $3). Percentage (%) : A percentage of the investment amount is deducted as commission (e.g., 3% of $1000 = $30). This setting affects the net amount invested and the overall cost of the SIP. 🎯 Dividends Apply Tax On Dividends (Default: False) : When enabled, a tax is applied to dividends before they are reinvested or recorded. The tax rate is set via the Dividend Tax setting. Dividend Tax (Default: 47) : The percentage of tax deducted from dividends if Apply Tax On Dividends is enabled (e.g., 47% tax reduces a $100 dividend to $53). This reduces the amount available for reinvestment or accumulation. Reinvest Dividends After (Default: True, 2) : When enabled, dividends received are reinvested to purchase additional units after a specified period (e.g., 2 units of time, defined by Dividends Availability). If disabled, dividends are tracked but not reinvested. Reinvestment increases the total quantity and equity over time. Dividends Availability (Default: Bars) : Defines the time unit for evaluating when dividends are available for reinvestment. Options include: Bars : Based on the number of chart bars. Weeks : Based on weeks. Months : Based on months (approximated as 30.5 days). This setting determines the timing of dividend reinvestment relative to the Reinvest Dividends After period. 🎯 How Settings Interact These settings work together to simulate a realistic SIP. For example, a $1000 recurring investment with a 3% commission and fractional quantities enabled will calculate the number of units purchased at the chosen price reference after deducting the commission. If dividends are reinvested after 2 months with a 47% tax, the script fetches dividend data, applies the tax, and adds the net dividend to the investment amount for that period. The Start Year and Timebound settings ensure the analysis aligns with the desired timeframe, while the Dividends Availability setting fine-tunes dividend reinvestment timing. By adjusting these settings, users can model different SIP scenarios, compare performance across instruments in TradingView’s screener, and gain insights into how commissions, dividends, and price references impact long-term returns. 🎲 Using the script with Pine Screener The main purpose of developing this script is to use it with Tradingview Pine Screener so that multiple ETFs/Funds can be compared. In order to use this as a screener, the following things needs to be done. Add SIP Evaluator and Screener to your favourites (Required for it to be added in pine screener) Create a watch list containing required instruments to compare Open pine screener from Tradingview main menu Products -> Screeners -> Pine or simply load the URL - tradingview.sweetlogin.com Select the watchlist created from Watchlist dropdown. Chose the SIP Evaluator and Screener from the "Choose Indicator" dropdown Set timeframe to 1 month and update settings as required. Press scan to display collected data on the screener. 🎲 Use Case This indicator is ideal for educational purposes, allowing users to experiment with SIP strategies across different instruments. It can be applied in TradingView’s screener to compare SIP performance for stocks, ETFs, or other assets, helping users understand how factors like commissions, dividends, and price references impact returns over time.
Pine Script® indicator
by Trendoscope
2
MNQ/NQ Risk Management ToolThis tool helps MNQ and NQ futures traders automatically calculate position size based on either a fixed dollar risk or a percentage of account balance. Simply enter your stop loss level and choose whether to risk a set dollar amount or a percentage of your account. The script will display how many contracts to trade based on your setup. Features: Calculates contracts based on stop loss and risk size Toggle between dollar-based or percent-of-account risk Works with both MNQ ($2/point) and NQ ($20/point) Automatically updates based on current price and direction (long or short) Displays a clean info box on your chart with risk, contracts, and settings This tool is ideal for intraday or swing traders who want to stay consistent with risk management across trades.
Pine Script® indicator
by nathanwaymire25
TradePlanner ProPlan smarter. Trade with precision. TradePlanner Pro is a professional-grade overlay tool designed to streamline your trading decisions by visually organizing your trade plans directly on the chart. Built for traders who value preparation and clarity, this script enables precise entry planning, risk management, and target visualization—all tailored per symbol. Core Purpose TradePlanner Pro helps you map out potential trades using pre-defined symbol-based presets. It dynamically calculates position sizes based on your account size or fixed risk, then visualizes key trade levels (Entry, Take Profits, Stop Loss) with profit/loss metrics in both dollar and percentage terms. It's the perfect companion for traders who prepare their setups in advance and want their plans clearly represented on the chart. Key Features 🔹 Per-Symbol Presets: Define entries, up to 3 take-profit levels, and stop-losses for each ticker. 🔹 Dynamic Risk Sizing: Choose between percentage-based risk or fixed dollar risk per trade. 🔹 Visual Trade Mapping: Automatically plots Entry, TP1–TP3, and SL lines on your chart. 🔹 Real-Time P&L Labels: Displays profit/loss amounts and percentages, with optional R/R ratios. 🔹 Custom Investment Display: Shows how much capital is allocated per trade. 🔹 Clean, Configurable UI: Adjust label positions, font sizes, opacity, and label visibility to match your style. Whether you're swing trading or day trading, TradePlanner Pro helps you stay disciplined, organized, and confident in your execution. How to Use TradePlanner Pro – Step-by-Step Guide TradePlanner Pro is designed to be easy to set up while giving you full control over how your trades are visualized and calculated. Here’s how to get started: 1. Start with Default Settings By default, the script assumes: Account Size: $10,000 Max Money per Trade (%): 1.0% Max Risk (USD): 0 (disabled; only percentage risk is used) This means the script will size each trade to risk 1% of your account balance per trade unless you override it with a fixed USD risk amount. 2. Set Up Your Symbol Presets The "Symbol Presets" input is a flexible text area where you define trade setups for each ticker. Format (one per line): SYMBOL:Entry,TP1 ,SL Example: AAPL:250,260,270,240 MSFT:100,110,90 TSLA:180,200,170 You can include 1 to 3 take-profit levels. The script will only activate for the current chart’s symbol, matching what's listed. 3. Customize Risk Parameters You can use: Account % Risk – Based on account size and % risk. Fixed USD Risk – When a dollar amount is entered (>0), it takes priority and calculates share size based on the risk per share. There's also an option to round share quantities down to whole units, which is useful for stock or crypto trading platforms that only allow whole-number units. 4. Choose What to Display Toggle on/off these elements as needed: Show Entry/TP/SL Lines Show P&L Labels – Profit/loss amounts at each target and SL. Show Amount Invested – Includes total dollar value in the quantity label. Show Percentages – Adds % gain/loss to each label. Show Risk/Reward Ratios – Optionally displayed beside or below TP labels. You can further adjust: Font size and label opacity Label position offset – In percent of price range, so they don’t overlap the actual levels. 5. Read the Visual Outputs Once the preset matches the current chart symbol: Lines will appear for Entry, TP1-TP3, and Stop Loss. Labels will display your: Trade quantity (and invested amount) Dollar and % profit at each target Total loss at stop loss Optional R/R ratios Everything updates dynamically and adjusts to your current chart scale and bar availabilit
Pine Script® indicator
by yairmish
Golden Crossover Momentum Check📊 Golden Cross Momentum Screener — Summary 🔍 What It Does This indicator identifies Golden Cross events — where the 50 EMA crosses above the 200 EMA, signaling a potential long-term trend reversal — and evaluates the momentum strength to help determine whether price is likely to: Surge immediately (Group B), or Retrace first (Group A) It uses 5 momentum-confirming conditions to score the quality of the breakout and display a single label on the chart with a classification. ✅ Momentum Conditions Validated RSI > 60 and rising – Indicates bullish buying pressure MACD Histogram > 0 and rising – Confirms increasing momentum Volume > 2× 20-day average – Validates participation on the breakout ADX > 25 – Measures trend strength Price is >5% above 200 EMA – Confirms price extension above long-term trend Each passing condition adds 1 point to the momentum score (0–5). 📈 How to Use Watch for a Golden Cross signal (triangle appears below candle) If momentum score ≥ 4, the script labels the setup as: "🚀 Surge Likely (Group B)" — consider immediate breakout entries If score is 2–3, labeled: "🔄 Pullback Likely (Group A)" — expect retest/consolidation before continuation If score < 2, labeled: "❌ No Momentum Confirmed" — avoid or wait for confirmation
Pine Script® indicator
by AlgoNostra
Events assistantThis script gives an ability to manually add events to your charts. There is no option to define events for different pairs. I trade only 2-3 pairs and it helps me a lot. It also draws vertical lines that separate trading period of your selection: daily, weekly and monthly. It is also possible to strictly define trading period. I use trading period every time during backtesting so it is easy to know when to start and when to finish. It also helps to remember that I already written down trading news during selected period.
Pine Script® indicator
by monetico
1
Sticky Notes📌 Sticky Notes - On-Chart Memo Tool A convenient indicator that lets you display trading ideas and important notes directly on your charts! ✨ Key Features: 📝 Create memos with custom text input 📍 Place anywhere on chart (top/middle/bottom) 🖥️ Screen-fixed display mode (corner positions) 🎨 Fully customizable text and background colors 📏 5 text size options (tiny to huge) ⏰ Time-based display functionality 📐 Text alignment options (left/center/right) 💡 Use Cases: Trading strategy reminders Important price level notes Economic event schedules Entry/exit point memos Simple and user-friendly design to enhance your trading analysis!
Pine Script® indicator
by unchokori
Wavelet Filter with Adaptive Upsampling [BackQuant]Wavelet Filter with Adaptive Upsampling The Wavelet Filter with Adaptive Upsampling is an advanced filtering and signal reconstruction tool designed to enhance the analysis of financial time series data. It combines wavelet transforms with adaptive upsampling techniques to filter and reconstruct price data, making it ideal for capturing subtle market movements and enhancing trend detection. This system uses high-pass and low-pass filters to decompose the price series into different frequency components, applying adaptive thresholding to eliminate noise and preserve relevant signal information. Shout out to Loxx for the Least Squares fitting of trigonometric series and Quinn and Fernandes algorithm for finding frequency tradingview.sweetlogin.com Key Features 1. Frequency Decomposition with High-Pass and Low-Pass Filters: The indicator decomposes the input time series using high-pass and low-pass filters to separate the high-frequency (detail) and low-frequency (trend) components of the data. This decomposition allows for a more accurate analysis of underlying trends, while mitigating the impact of noise. 2. Soft Thresholding for Noise Reduction: A soft thresholding function is applied to the high-frequency component, allowing for the reduction of noise while retaining significant market signals. This function adjusts the coefficients of the high-frequency data, removing small fluctuations and leaving only the essential price movements. 3. Adaptive Upsampling Process: The upsampling process in this script can be customized using different methods: sinusoidal upsampling, advanced upsampling, and simple upsampling. Each method serves a unique purpose: Sinusoidal Upsample uses a sine wave to interpolate between data points, providing a smooth transition. Advanced Upsample utilizes a Quinn-Fernandes algorithm to estimate frequency and apply more sophisticated interpolation techniques, adapting to the market’s cyclical behavior. Simple Upsample linearly interpolates between data points, providing a basic upsampling technique for less complex analysis. 4. Reconstruction of Filtered Signal: The indicator reconstructs the filtered signal by summing the high and low-frequency components after upsampling. This allows for a detailed yet smooth representation of the original time series, which can be used for analyzing underlying trends in the market. 5. Visualization of Reconstructed Data: The reconstructed series is plotted, showing how the upsampling and filtering process enhances the clarity of the price movements. Additionally, the script provides the option to visualize the log returns of the reconstructed series as a histogram, with positive returns shown in green and negative returns in red. 6. Cumulative Series and Trend Detection: A cumulative series is plotted to visualize the compounded effect of the filtered and reconstructed data. This feature helps traders track the overall performance of the asset over time, identifying whether the asset is following a sustained upward or downward trend. 7. Adaptive Thresholding and Noise Estimation: The system estimates the noise level in the high-frequency component and applies an adaptive thresholding process based on the standard deviation of the downsampled data. This ensures that only significant price movements are retained, further refining the trend analysis. 8. Customizable Parameters for Flexibility: Users can customize the following parameters to adjust the behavior of the indicator: Frequency and Phase Shift: Control the periodicity of the wavelet transformation and the phase of the upsampling function. Upsample Factor: Adjust the level of interpolation applied during the upsampling process. Smoothing Period: Determine the length of time used to smooth the signal, helping to filter out short-term fluctuations. References Enhancing Cross-Sectional Currency Strategies with Context-Aware Learning to Rank arxiv.org Daubechies Wavelet - Wikipedia en.wikipedia.org Quinn Fernandes Fourier Transform of Filtered Price by Loxx Note on Usage for Mean-Reversion Strategy This indicator is primarily designed for trend-following strategies. However, by taking the inverse of the signals, it can be adapted for mean-reversion strategies. This involves buying underperforming assets and selling outperforming ones. Caution: This method may not work effectively with highly correlated assets, as the price movements between correlated assets tend to mirror each other, limiting the effectiveness of mean-reversion strategies. Final Thoughts The Wavelet Filter with Adaptive Upsampling is a powerful tool for traders seeking to improve their understanding of market trends and noise. By using advanced wavelet decomposition and adaptive upsampling, this system offers a clearer, more refined picture of price movements, enhancing trend-following strategies. It’s particularly useful for detecting subtle shifts in market momentum and reconstructing price data in a way that removes noise, providing more accurate insights into market conditions.
Pine Script® indicator
by BackQuant