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Trend Analysis

SHYY TFC Candles_Confirmation X 4TF)SHYY Real-Time FTC Confirmation is a multi-timeframe trend alignment tool designed to provide real-time confirmation of market direction across up to four configurable timeframes. Unlike traditional tools that rely on closed candles, this version uses in-progress bars to detect live momentum, allowing traders to respond as trends are forming rather than after they are confirmed. This script checks the current price direction on each selected timeframe by comparing the current close to the open of the same candle. A timeframe is considered bullish if the close is above the open, bearish if below, and neutral if equal. If all enabled timeframes are aligned in the same direction, the current chart candle is colored accordingly. White candles indicate that all selected timeframes are currently bullish. Yellow candles indicate that all selected timeframes are currently bearish. If the timeframes are not fully aligned, the candle remains uncolored. Each of the four timeframes can be configured individually in the settings panel. Users can also enable or disable each timeframe independently using checkboxes, allowing flexibility in how the confirmation logic is applied. The script uses a single request.security() call per timeframe with lookahead enabled, so that the information shown reflects the live status of each timeframe’s bar, not just completed ones. This makes it suitable for real-time decision-making and strategy filtering. This tool can assist scalpers, trend followers, and breakout traders in aligning trades with broader market direction. It can be used as a standalone trend filter or in conjunction with other indicators and strategies. No external dependencies or overlays are required. This is an original script, built to provide real-time, multi-timeframe confirmation using a clean and efficient approach.
Pine Script® indicator
by shayy110
Triple-Filter ConfirmationTriple-Filter Confirmation System This indicator generates high-probability trading signals based on a 3-layer filtering approach: 🔹 Trend Filter – Uses a 200-period EMA slope to confirm bullish or bearish bias. 🔹 Momentum Filter – Uses MACD histogram direction for secondary confirmation. 🔹 Volatility Filter – Filters out weak setups using ATR percentile rank (relative to last 100 bars). ✅ Signal appears only when all filters align, avoiding noise and low-confidence zones. 🚫 If any filter disagrees, no signal is shown — preserving capital through discipline. 💡 Works across any timeframe and asset. Use it alongside price action, support/resistance, and sound risk management. Created for educational and research purposes — not financial advice.
Pine Script® indicator
by vanjaravishal10
Volume VA with POC Based Percent DeviationsThis is a slightly different take on my previous version that plotted fibonacci retracement levels based on the POC to value area high/low. This indicator is also based on the volume value area that plots developing POC, VAH, and VAL as well as historical levels. However, instead of plotting fib levels, this script automatically projects percentage deviation levels from the current POC. This can help identify potential overextensions, target areas, or mean-reversion setups. Knowing where price is and the change in price relative to areas of interest can help identify true value and market imbalances. Hence the name VALUE AREA :) The percent deviation levels are dynamically plotted in relation to the developing POC. As POC shifts so do the % levels. Gradient Value Area Fill: Instead of a static color, the Value Area is filled with a dynamic gradient. The adjustable color and transparency shift is based on the current price's distance from the POC, giving you an intuitive feel for where price is relative to the POC. Enjoy! "May the fourth leaf bring you extra luck!" 🍀
Pine Script® indicator
by ShamrockShane
HOG QQE FlowHOG QQE Flow 📄 Overview HOG QQE Flow is a clean, momentum-powered oscillator that visualizes directional strength and overbought/oversold behavior using a smoothed RSI foundation. With a dynamic gradient line, visual pulse dots, and clean zone fills, it delivers real-time insight into price pressure without unnecessary clutter. ⚙️ How It Works • Smooths RSI using QQE-style logic and tracks slope • Adds WAE-style volatility confirmation for powerful pulse filtering • Highlights overbought/oversold zones with subtle color fills • Pulse dots fire only when momentum aligns with volume bursts • Line color shifts dynamically based on QQE position and intensity 🎯 Inputs • RSI Length & Smoothing Factor • Overbought / Oversold Thresholds • WAE Volatility Length & Multiplier • Volume Burst Filter (hardcoded 1.5× 20SMA) ✅ Benefits • Quickly spot confirmed momentum ignition • Clearly see when price is extended or fading • Gradient line provides real-time slope feedback • Visual-only — no clutter, no guesswork 📈 Use Cases • Confirm entries on strong breakouts or reversals • Filter out weak moves lacking volume or slope • Pair with EMAs or trend overlays for complete flow setups • Use as a high-probability signal trigger in trend continuation ⚠️ Notes • This tool is a momentum visualizer — not a full strategy • Works best on the daily timeframe or higher with trend context • Pulse dots are rare by design — use them to time your moves
Pine Script® indicator
by Houseofgain
Body GapsThis script is a customized version based on TradingView’s official “Gaps” indicator. The original version detects gaps using the distance between highs and lows of consecutive bars. In contrast, this script introduces a refined definition of gaps by focusing strictly on real body gaps—price zones where the open and close of two consecutive candles do not overlap. Additionally, the gap closure logic has been enhanced: Instead of checking for simple wick penetration, a gap is only marked as closed when the closing price fully re-enters the gap zone, ensuring a more reliable and practical interpretation for traders.
Pine Script® indicator
by chingyu_ku
📦 Enhanced Visual Renko Signal Overlay 📈📦 Visual Renko Signal Overlay 📈 Auto Box (1%) Overview This innovative indicator simulates Renko-style price action directly on your regular candlestick charts, providing clear buy/sell signals based on significant price movements. Unlike traditional Renko charts, this overlay works seamlessly with any timeframe while maintaining the power of Renko logic. Key Features 🎯 Automatic Box Sizing Dynamically calculates box size as 1% of current price Automatically adjusts to different price ranges and volatility No manual configuration needed - works on stocks, crypto, forex 📊 Smart Trend Filtering Uses SMA(40) and EMA(21) for trend confirmation Only generates signals aligned with the prevailing trend Reduces false signals in choppy markets ⚡ Clear Entry Signals BUY: Green label when Renko turns bullish in an uptrend SELL: Red label when Renko turns bearish in a downtrend Visual price level indicators for entry, stop loss, and targets 💡 Real-Time Trade Information Floating info box showing current trade setup Displays entry price, stop loss (1 box), and target (2 boxes) Live updates as new signals develop How It Works Signal Logic Renko Simulation: Tracks significant price moves (1% boxes) Trend Filter: Confirms signals only when price is above/below both moving averages Entry Trigger: Generates signal when Renko direction changes with trend alignment Risk Management Stop Loss: 1 box size (1% of entry price) Take Profit: 2 box sizes (2% of entry price) Risk:Reward Ratio: Built-in 1:2 ratio for consistent profitability Best Practices Timeframes Scalping: 1m - 15m charts Swing Trading: 1H - 4H charts Position Trading: Daily charts Market Conditions Works best in trending markets Avoid during major news events or low liquidity periods Consider overall market sentiment Customization Tips Adjust box size by modifying the 0.01 value (e.g., 0.005 for 0.5%, 0.02 for 2%) Experiment with different MA periods for various market conditions Combine with volume indicators for additional confirmation What Makes This Different Unlike standard Renko charts that require separate chart types, this indicator: Overlays directly on candlestick charts Maintains time-based analysis capabilities Provides instant visual feedback Includes built-in risk management levels Works across all asset classes and timeframes Disclaimer This indicator is for educational purposes only. Always conduct thorough backtesting and risk management before live trading. Past performance does not guarantee future results. Perfect for traders who want the clarity of Renko analysis with the flexibility of traditional charting.
Pine Script® indicator
by Sakett_Guptaa
OTE Premium v2 [SYNC & TRADE]🇬🇧 Description (for TradingView) OTE Premium v2 is a powerful tool designed to accurately identify Optimal Trade Entry (OTE) zones based on user-defined impulses within custom date ranges. It’s ideal for traders who rely on Fibonacci-based analysis, market structure, and impulse wave mapping. 🔹 Supports up to 5 independent impulses, each with fully customizable settings (date ranges, levels, extensions). 🔹 Displays OTE 70%, OTE 30%, 88% retracement level, and Fibonacci extensions (1.62, 2.00, 2.62, 3.62). 🔹 Visualizes fractals based on user-defined candle count. 🔹 Comes with alerts for OTE zone entries and 88% level crossings. 🔹 OTE zones can auto-disable after specific interactions (customizable behavior). 🔹 Zones can be anchored using either candle bodies or wicks. This indicator is suitable for both intraday and swing traders, offering high flexibility and precision visualization of key entry and target levels. 🇷🇺 Описание (для TradingView) OTE Premium v2 — это мощный инструмент, предназначенный для точной идентификации зон оптимального входа (OTE — Optimal Trade Entry) на основе пользовательских импульсов, заданных по диапазонам дат. Индикатор особенно полезен трейдерам, использующим анализ Фибоначчи, структуру рынка и модели импульсов. 🔹 Поддерживает до 5 независимых импульсов, каждый с индивидуальными настройками (даты, уровни, расширения). 🔹 Показывает зоны OTE 70%, OTE 30%, 88% уровень и расширения Фибоначчи (1.62, 2.00, 2.62, 3.62). 🔹 Визуализирует фракталы на основе заданного количества свечей. 🔹 Предусмотрены алерты на вход в зоны OTE и пробой уровня 88%. 🔹 Зоны OTE могут деактивироваться автоматически при касании, в зависимости от настроек. 🔹 Все зоны могут быть построены либо по телам свечей, либо по экстремумам. Этот индикатор подходит как для интрадей трейдинга, так и для свинг-трейдеров, предоставляя высокую гибкость и точную визуализацию ключевых уровней входа и целей.
Pine Script® indicator
by SYNC-AND-TRADE
HOG Liquidity ZonesHOG Liquidity Zones (Swings & Sweeps) 📊 Overview A precision tool for visualizing key liquidity zones formed by swing highs and lows. It tracks tap counts, volume strength, and identifies directional sweep targets, giving traders a visual edge in spotting high-probability reaction zones. ⚙️ How It Works • Identifies swing highs/lows using pivot logic • Plots colored zones based on wicks or full ranges • Tracks volume or count of price taps to validate zones • Optional debounce and body-only tap filters • Zones invalidate when fully broken by candle closes • Imbalance zones highlight key displacement gaps • “NEXT” marker shows likely sweep direction 🎯 Inputs • Pivot Lookback Length • Tap Debounce & Body-Only Filters • Filter Type (Tap Count or Volume) • Invalidate on Close Toggle • Imbalance Zone Display • Custom Label Size & Text Size ✅ Benefits • Clearly shows where liquidity pools have formed • Adapts to both structure and trap-based strategies • Tap tracking helps gauge zone strength • Useful for identifying magnets, rejections, and sweeps • Clean, non-intrusive visuals 📈 Use Cases • Target stop hunts or liquidity sweeps • Confirm high-traffic areas before entries • Combine with trend overlays or breakout tools • Trade toward the next “NEXT” target zone ⚠️ Notes • Zones remain active until invalidated or swept • Tap logic can be customized for conservative or aggressive bias • Imbalance boxes are optional and highlight displacement candles • This tool is for visual context — not a signal engine
Pine Script® indicator
by Houseofgain
5
Linear Regression Forecast (ADX Adaptive)Linear Regression Forecast (ADX Adaptive) This indicator is a dynamic price projection tool that combines multiple linear regression forecasts into a single, adaptive forecast curve. By integrating trend strength via the ADX and directional bias, it aims to visualize how price might evolve in different market environments—from strong trends to mean-reverting conditions. Core Concept: This tool builds forward price projections based on a blend of linear regression models with varying lookback lengths (from 2 up to a user-defined max). It then adjusts those projections using two key mechanisms: ADX-Weighted Forecast Blending In trending conditions (high ADX), the model follows the raw forecast direction. In ranging markets (low ADX), the forecast flips or reverts, biasing toward mean-reversion. A logistic transformation of directional bias, controlled by a steepness parameter, determines how aggressively this blending reacts to price behavior. Volatility Scaling The forecast’s magnitude is scaled based on ADX and directional conviction. When trends are unclear (low ADX or neutral bias), the projection range expands to reflect greater uncertainty and volatility. How It Works: Regression Curve Generation For each regression length from 2 to maxLength, a forward projection is calculated using least-squares linear regression on the selected price source. These forecasts are extrapolated into the future. Directional Bias Calculation The forecasted points are analyzed to determine a normalized bias value in the range -1 to +1, where +1 means strongly bullish, -1 means strongly bearish, and 0 means neutral. Logistic Bias Transformation The raw bias is passed through a logistic sigmoid function, with a user-defined steepness. This creates a probability-like weight that favors either following or reversing the forecast depending on market context. ADX-Based Weighting ADX determines the weighting between trend-following and mean-reversion modes. Below ADX 20, the model favors mean-reversion. Above 25, it favors trend-following. Between 20 and 25, it linearly blends the two. Blended Forecast Curve Each forecast point is blended between trend-following and mean-reverting values, scaled for volatility. What You See: Forecast Lines: Projected future price paths drawn in green or red depending on direction. Bias Plot: A separate plot showing post-blend directional bias as a percentage, where +100 is strongly bullish and -100 is strongly bearish. Neutral Line: A dashed horizontal line at 0 percent bias to indicate neutrality. User Inputs: -Max Regression Length -Price Source -Line Width -Bias Steepness -ADX Length and Smoothing Use Cases: Visualize expected price direction under different trend conditions Adjust trading behavior depending on trending vs ranging markets Combine with other tools for deeper analysis Important Notes: This indicator is for visualization and analysis only. It does not provide buy or sell signals and should not be used in isolation. It makes assumptions based on historical price action and should be interpreted with market context.
Pine Script® indicator
by Tradenometry
Ultra VolumeVisualizes volume intensity using dynamic color gradients and percentile thresholds. Includes optional SMA, bar coloring, and adaptive liquidity boxes to highlight high- and low-volume zones in real time. Introduction The Ultra Volume indicator enhances volume analysis by categorizing volume bars into percentile-based intensity levels. It uses color-coded gradients to quickly identify periods of unusually high or low activity. The script also includes an optional simple moving average (SMA), bar coloring, and visual box overlays to highlight zones of significant liquidity shifts. Detailed Description ......... Volume Classification Volume is segmented into five tiers: Extra High, High, Medium, Normal, and Low, using percentile ranks calculated over a dynamically adjusted historical window. This segmentation adapts based on the chart's timeframe – using 100 bars for daily and 1440/minutes for intraday – allowing for consistent behavior across resolutions. ..... Color Gradients Each volume bar is colored based on its percentile category, smoothly transitioning between thresholds for visual clarity. This makes it easy to spot volume spikes or droughts relative to recent history. ..... Simple Moving Average (SMA) An optional SMA can be plotted on top of the volume bars for trend comparison and baseline reference. Its length and color are fully customizable. ..... Bar Coloring You can optionally color the chart's candlesticks to reflect the same volume intensity as the histogram bars, reinforcing visual cues across the chart. ..... Liquidity Boxes Two adaptive box systems highlight zones of increased or decreased liquidity: High Liquidity Boxes expand upward when price exceeds the previous box’s top. Low Liquidity Boxes expand downward when price breaks the previous box’s bottom. These boxes persist and auto-adjust over time unless reset, helping traders spot key zones of volume-driven price action. ..... Box Indexing A configurable index shift determines how far back in the chart the boxes originate. Setting this to 501 makes them "stick" to the candle where they were first created. ..... Data Handling A safety check ensures the script throws an error if volume data is unavailable (e.g., for some crypto or CFD symbols). ......... Summary Ultra Volume is a practical tool for traders who want more than just raw volume bars. With intelligent percentile-based classification, real-time adaptive liquidity zones, and fully customizable visual elements, it turns volume into a highly readable, actionable signal.
Pine Script® indicator
by Rathack
RSI of RSI Deviation (RoRD)RSI of RSI Deviation (RoRD) - Advanced Momentum Acceleration Analysis What is RSI of RSI Deviation (RoRD)? RSI of RSI Deviation (RoRD) is a insightful momentum indicator that transcends traditional oscillator analysis by measuring the acceleration of momentum through sophisticated mathematical layering. By calculating RSI on RSI itself (RSI²) and applying advanced statistical deviation analysis with T3 smoothing, RoRD reveals hidden market dynamics that single-layer indicators miss entirely. This isn't just another RSI variant—it's a complete reimagining of how we measure and visualize momentum dynamics. Where traditional RSI shows momentum, RoRD shows momentum's rate of change . Where others show static overbought/oversold levels, RoRD reveals statistically significant deviations unique to each market's character. Theoretical Foundation - The Mathematics of Momentum Acceleration 1. RSI² (RSI of RSI) - The Core Innovation Traditional RSI measures price momentum. RoRD goes deeper: Primary RSI (RSI₁) : Standard RSI calculation on price Secondary RSI (RSI²) : RSI calculated on RSI₁ values This creates a "momentum of momentum" indicator that leads price action Mathematical Expression: RSI₁ = 100 - (100 / (1 + RS₁)) RSI² = 100 - (100 / (1 + RS₂)) Where RS₂ = Average Gain of RSI₁ / Average Loss of RSI₁ 2. T3 Smoothing - Lag-Free Response The T3 Moving Average, developed by Tim Tillson, provides: Superior smoothing with minimal lag Adaptive response through volume factor (vFactor) Noise reduction while preserving signal integrity T3 Formula: T3 = c1×e6 + c2×e5 + c3×e4 + c4×e3 Where e1...e6 are cascaded EMAs and c1...c4 are volume-factor-based coefficients 3. Statistical Z-Score Deviation RoRD employs dual-layer Z-score normalization : Initial Z-Score : (RSI² - SMA) / StDev Final Z-Score : Z-score of the Z-score for refined extremity detection This identifies statistically rare events relative to recent market behavior 4. Multi-Timeframe Confluence Compares current timeframe Z-score with higher timeframe (HTF) Provides directional confirmation across time horizons Filters false signals through timeframe alignment Why RoRD is Different & More Sophisticated Beyond Traditional Indicators: Acceleration vs. Velocity : While RSI measures momentum (velocity), RoRD measures momentum's rate of change (acceleration) Adaptive Thresholds : Z-score analysis adapts to market conditions rather than using fixed 70/30 levels Statistical Significance : Signals are based on mathematical rarity, not arbitrary levels Leading Indicator : RSI² often turns before price, providing earlier signals Reduced Whipsaws : T3 smoothing eliminates noise while maintaining responsiveness Unique Signal Generation: Quantum Orbs : Multi-layered visual signals for statistically extreme events Divergence Detection : Automated identification of price/momentum divergences Regime Backgrounds : Visual market state classification (Bullish/Bearish/Neutral) Particle Effects : Dynamic visualization of momentum energy Visual Design & Interpretation Guide Color Coding System: Yellow (#e1ff00) : Neutral/balanced momentum state Red (#ff0000) : Overbought/extreme bullish acceleration Green (#2fff00) : Oversold/extreme bearish acceleration Orange : Z-score visualization Blue : HTF Z-score comparison Main Visual Elements: RSI² Line with Glow Effect Multi-layer glow creates depth and emphasis Color dynamically shifts based on momentum state Line thickness indicates signal strength Quantum Signal Orbs Green Orbs Below : Statistically rare oversold conditions Red Orbs Above : Statistically rare overbought conditions Multiple layers indicate signal strength Only appear at Z-score extremes for high-conviction signals Divergence Markers Green Circles : Bullish divergence detected Red Circles : Bearish divergence detected Plotted at pivot points for precision Background Regimes Green Background : Bullish momentum regime Grey Background : Bearish momentum regime Blue Background : Neutral/transitioning regime Particle Effects Density indicates momentum energy Color matches current RSI² state Provides dynamic market "feel" Dashboard Metrics - Deep Dive RSI² ANALYSIS Section: RSI² Value (0-100) Current smoothed RSI of RSI reading >70 : Strong bullish acceleration <30 : Strong bearish acceleration ~50 : Neutral momentum state RSI¹ Value Traditional RSI for reference Compare with RSI² for acceleration/deceleration insights Z-Score Status 🔥 EXTREME HIGH : Z > threshold, statistically rare bullish ❄️ EXTREME LOW : Z < threshold, statistically rare bearish 📈 HIGH/📉 LOW : Elevated but not extreme ➡️ NEUTRAL : Normal statistical range MOMENTUM Section: Velocity Indicator ▲▲▲ : Strong positive acceleration ▼▼▼ : Strong negative acceleration Shows rate of change in RSI² Strength Bar ██████░░░░ : Visual power gauge Filled bars indicate momentum strength Based on deviation from center line SIGNALS Section: Divergence Status 🟢 BULLISH DIV : Price making lows, RSI² making highs 🔴 BEARISH DIV : Price making highs, RSI² making lows ⚪ NO DIVERGENCE : No divergence detected HTF Comparison 🔥 HTF EXTREME : Higher timeframe confirms extremity 📊 HTF NORMAL : Higher timeframe is neutral Critical for multi-timeframe confirmation Trading Application & Strategy Signal Hierarchy (Highest to Lowest Priority): Quantum Orb + HTF Alignment + Divergence Highest conviction reversal signal Z-score extreme + timeframe confluence + divergence Quantum Orb + HTF Alignment Strong reversal signal Wait for price confirmation Divergence + Regime Change Medium-term reversal signal Monitor for orb confirmation Threshold Crosses Traditional overbought/oversold Use as alert, not entry Entry Strategies: For Reversals: Wait for Quantum Orb signal Confirm with HTF Z-score direction Enter on price structure break Stop beyond recent extreme For Continuations: Trade with regime background color Use RSI² pullbacks to center line Avoid signals against HTF trend For Scalping: Focus on Z-score extremes Quick entries on orb signals Exit at center line cross Risk Management: Reduce position size when signals conflict with HTF Avoid trades during regime transitions (blue background) Tighten stops after divergence completion Scale out at statistical mean reversion Development & Uniqueness RoRD represents months of research into momentum dynamics and statistical analysis. Unlike indicators that simply combine existing tools, RoRD introduces several genuine innovations : True RSI² Implementation : Not a smoothed RSI, but actual RSI calculated on RSI values Dual Z-Score Normalization : Unique approach to finding statistical extremes T3 Integration : First RSI² implementation with T3 smoothing for optimal lag reduction Quantum Orb Visualization : Revolutionary signal display method Dynamic Regime Detection : Automatic market state classification Statistical Adaptability : Thresholds adapt to market volatility This indicator was built from first principles, with each component carefully selected for its mathematical properties and practical trading utility. The result is a professional-grade tool that provides insights unavailable through traditional momentum analysis. Best Practices & Tips Start with default settings - they're optimized for most markets Always check HTF alignment before taking signals Use divergences as early warning , orbs as confirmation Respect regime backgrounds - trade with them, not against Combine with price action - RoRD shows when, price shows where Adjust Z-score thresholds based on market volatility Monitor dashboard metrics for complete market context Conclusion RoRD isn't just another indicator—it's a complete momentum analysis system that reveals market dynamics invisible to traditional tools. By combining momentum acceleration, statistical analysis, and multi-timeframe confluence with intuitive visualization, RoRD provides traders with a sophisticated edge in any market condition. Whether you're scalping rapid reversals or positioning for major trend changes, RoRD's unique approach to momentum analysis will transform how you see and trade market dynamics. See momentum's future. Trade with statistical edge. Trade with insight. Trade with anticipation. — Dskyz, for DAFE Trading Systems
Pine Script® indicator
by DskyzInvestments
4
[Smith] VWAP Deviation + VWAP Deviation + Short Description: Advanced VWAP indicator with deviation bands, smart signal filtering, and session-based performance tracking. Features log-space scaling, RSI confirmation, volume filters, and market regime detection. Full Description: The VWAP Deviation + is a comprehensive trading indicator that combines Volume Weighted Average Price (VWAP) analysis with advanced signal filtering to identify high-probability trade opportunities. This indicator goes beyond basic VWAP by incorporating multiple confirmation layers and intelligent market analysis. 🎯 Key Features Core VWAP Analysis: - Custom volume-weighted mean calculation with deviation bands (2σ and 3σ) - Optional log-space scaling for proportional price movements - Real-time VWAP line with customizable visibility Smart Signal Detection: - RSI confirmation for all trade signals - Volume filter requiring above-average trading activity - Market regime detection (trending vs ranging markets) - Optional RSI divergence analysis Advanced Filtering: - Multi-condition signal validation - Session-based performance tracking (Asian, London, NY) - Real-time win rate calculation - Strong vs regular signal classification Visual Features: - Clean, professional interface with customizable colors - Optional signal shapes and annotations - Performance statistics table - Filled deviation bands for easy visualization 📊 How It Works The indicator identifies trade opportunities when: 1. Price touches VWAP deviation bands (2σ or 3σ) 2. RSI confirms oversold/overbought conditions 3. Volume exceeds the specified threshold 4. Market regime conditions are favorable Signal Types: - LONG : Price at lower bands + RSI oversold + volume confirmation - SHORT : Price at upper bands + RSI overbought + volume confirmation - STRONG : Same conditions but at 3σ bands for higher conviction trades ⚙️ Customization Options Core Settings: - VWAP length and source selection - Adjustable deviation multipliers - Log-space scaling toggle Signal Filters: - RSI length and threshold levels - Volume filter with customizable multiplier - Market type filtering options Advanced Features: - Session statistics tracking - RSI divergence detection - Market regime analysis Visual Controls: - Show/hide individual components - Custom color schemes - Signal display toggles 🔔 Alert System Built-in alerts for: - Long and short trade opportunities - Strong signal confirmations - RSI divergence signals 💡 Best Practices - Use higher timeframes (15m+) for more reliable signals - Combine with additional confirmation indicators - Pay attention to session statistics for timing optimization - Monitor market regime indicators for context This indicator is suitable for day traders, swing traders, and anyone looking to improve their VWAP-based trading strategies with advanced filtering and market analysis.
Pine Script® indicator
by SmithTradesBitcoin
4
3-Touch Breakout Method🚀 **Transform Your Breakout Trading with Precision 3-Touch Analysis** Stop guessing breakout levels! The 3-Touch Breakout Method identifies high-probability resistance breaks by waiting for THREE confirmed touches before signaling entry - dramatically improving your win rate over traditional breakout strategies. ## **📊 STRATEGY OVERVIEW** This advanced Pine Script indicator combines classical resistance analysis with modern volume confirmation to identify the most reliable breakout opportunities. The strategy waits for price to test a resistance level exactly 3 times before preparing for a breakout signal, ensuring only the strongest setups trigger alerts. ## **⚡ KEY FEATURES** - **Smart 3-Touch Detection**: Automatically identifies resistance levels tested exactly 3 times - **Volume Confirmation**: Filters breakouts with customizable volume spike requirements - **Adaptive Tolerance Settings**: Configurable touch sensitivity for different market conditions - **Built-in Risk Management**: Integrated stop-loss and take-profit levels - **Real-Time Alerts**: Instant notifications for setup completion and breakout signals - **Visual Breakout Zone**: Highlighted areas showing when setups are primed - **Information Dashboard**: Live status table showing all key metrics - **Multi-Timeframe Compatible**: Works on any timeframe from 1-minute to daily ## **🎯 HOW TO USE** 1. **Setup Phase**: Wait for the indicator to identify a resistance level (red line appears) 2. **Touch Counting**: Watch for orange circle markers as price tests resistance 3. **Breakout Ready**: Background turns yellow when 3 touches are confirmed 4. **Entry Signal**: Green triangle appears when price breaks above resistance with volume 5. **Risk Management**: Red/green circles show your stop-loss and take-profit levels 6. **Exit Signals**: Automatic alerts when stop-loss or take-profit levels are hit ## **⚙️ CUSTOMIZABLE PARAMETERS** - **Lookback Period**: Adjust resistance detection sensitivity (5-100 bars) - **Touch Tolerance**: Fine-tune what constitutes a valid touch (0.1-2.0%) - **Volume Multiplier**: Control breakout volume requirements (1.0-5.0x) - **Risk Ratios**: Set custom stop-loss (0.5-10%) and take-profit (1-20%) levels - **Visual Elements**: Toggle resistance lines, touch markers, and breakout zones - **Alert Frequency**: Choose between all signals or breakouts only ## **🔔 ALERT SYSTEM** - **Breakout Setup Ready**: Notifies when 3 touches are confirmed - **Breakout Signal**: Immediate alert when price breaks resistance with volume - **Stop Loss Hit**: Risk management exit notification - **Take Profit Hit**: Profit-taking exit notification ## **📈 BEST MARKETS & TIMEFRAMES** **Recommended Assets**: Stocks, ETFs, Forex majors, Crypto (BTC, ETH) **Optimal Timeframes**: 15-minute to 4-hour charts for day trading, Daily for swing trading **Market Conditions**: Works best in trending markets with clear resistance levels ## **⚠️ RISK DISCLAIMER** This indicator is for educational purposes only. Past performance does not guarantee future results. Always use proper risk management and never risk more than you can afford to lose. Consider market conditions and combine with other analysis methods. ## **🎖️ PROFESSIONAL EDGE** Unlike basic breakout indicators that trigger on first touch, this system's 3-touch requirement filters out 80% of false breakouts while maintaining excellent profit potential. The volume confirmation adds another layer of reliability that institutional traders use. **💡 Found this helpful? Hit the ❤️ LIKE button and FOLLOW for more professional trading tools!** **💬 Share your results in the comments - I respond to every question!** --- *Developed with Pine Script v5 | Compatible with all TradingView plans | Free updates included*
Pine Script® indicator
by script25v
Mahnam BTC with breake outThis strategy is designed and coded specifically for trading Bitcoin in the 15-minute timeframe. Of course, those who are skilled in coding can use it in other timeframes and currencies by changing its codes and personalizing it. Of course, it is strongly recommended that people who want to use it first perform the necessary backtests or test this strategy on demo sites and then trade on the Tetri platform. In this strategy, it only checks the entry and exit conditions and connects to the exchange using the API code and trades completely automatically. This strategy determines the stop loss and take profit points on the exchange at the same time as entering the transaction and sets them.
Pine Script® strategy
by mahnamkucoin1