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J-Lines Ribbon • 4-Cycle Engine (CHOP / ANTI / LONG / SHORT)📈 J-Lines Ribbon • 4-Cycle Engine (CHOP / ANTI / LONG / SHORT) Version: Pine Script v6 Author: Thomas Lee Category: Trend-Following / Mean Reversion / Scalping Timeframes: Optimized for 1–5m (but adaptable) Seems to work best on Fibb Time 🧠 Strategy Overview: The J-Lines Ribbon 4-Cycle Engine is a precision trading algorithm designed to navigate complex market microstructure across four adaptive states: 🔁 CHOP (No Trade / Flatten) 🟡 ANTI (Legacy Layer / Under Development) 🟢 LONG (Trend-Continuation & Rebounds) 🔴 SHORT (Inverse Trend-Continuation & Rebounds) It combines a multi-layer EMA ribbon, ADX-based CHOP detection, and smart pivot analysis to dynamically shift between market modes, entering and exiting trades with surgical precision. 🔍 Core Features: Dynamic Market Cycle Detection Auto-classifies each bar into one of the 4 market states using ADX + EMA 72/89 crossovers. One-Shot Entries & Rebound Logic Initiates base entries at the start of new trend cycles. Re-entries (ReLong/ReShort) trigger on EMA 72 and EMA 126 pullbacks with momentum resumption. CHOP State Autopilot Automatically closes open positions when CHOP begins, preventing sideways market exposure. Precision Take-Profits & Pivots-Based Stop Losses Real-time adaptive exits using pivot high/low swing points as dynamic SL/TP anchors. Customizable Parameters Pivot length (left/right) ADX thresholds Rebound tolerance bands Ribbon display and state-labels 📊 Indicator Components: 📏 EMA Ribbon: 72, 89, 126, 267, 360, 445 📉 ADX Filter: Filters out sideways noise, confirms directional bias 🔁 Crossover Events: Detects trend initiations 🌀 Cycle Labels: Real-time visual display of current market state 🛠️ Ideal Use Cases: Scalping volatile markets Automated strategy testing & optimization Entry/exit signal confirmation for discretionary traders Trend filtering in algorithmic stacks ⚠️ Notes: ANTI cycle logic is scaffolded but not fully deployed in this version. It will be extended in a future release for deep mean-reversion detection. Tailor ADX floor and pivot sensitivity to your specific asset and timeframe for optimal performance.
Pine Script® strategy
by kokenbakensoda
NAIFCHART_Fresh Algo v24# NAIFCHART Fresh Algo v24: Advanced Multi-Mode Trading System Analysis I recently discovered this sophisticated trading system through the active community at t.me and wanted to share a detailed analysis of the NAIFCHART Fresh Algo v24 indicator. This represents an advanced evolution of multi-component trading systems that adapts to various market conditions through sophisticated operational configurations and enhanced analytical capabilities. ## Primary Signal Generation Framework The Fresh Algo v24 operates through two fundamental signal generation approaches that accommodate different market perspectives and trading philosophies. The Trending Signals Mode serves as the primary trend-following mechanism, combining Wave Trend Oscillator analysis with Supertrend directional signals and Squeeze Momentum breakout detection. This mode incorporates ADX filtering that requires values exceeding 20 to ensure sufficient trend strength exists before signal activation, making it particularly effective during sustained directional market movements where momentum persistence creates profitable trading opportunities. The Contrarian Signals Mode provides an alternative approach targeting reversal opportunities through extreme market condition identification. This mode activates when the Wave Trend Oscillator reaches critical threshold levels, specifically when readings surpass 65 indicating potential bearish reversal conditions or drop below 35 suggesting bullish reversal opportunities. This methodology proves valuable during overextended market phases where mean reversion becomes statistically probable. ## Advanced Filtering Mechanisms The system incorporates multiple sophisticated filtering mechanisms designed to enhance signal quality and reduce false positive occurrences. The High Volume Filter requires volume expansion confirmation before signal activation, utilizing exponential moving average calculations to ensure institutional participation accompanies price movements. This filter substantially improves signal reliability by eliminating low-conviction breakouts that lack adequate volume support from professional market participants. The Strong Filter provides additional trend confirmation through 200-period exponential moving average analysis. Long position signals require price action above this benchmark level, while short position signals necessitate price action below it. This ensures strategic alignment with longer-term trend direction and reduces the probability of trading against major market movements that could invalidate shorter-term signals. ## Cloud Filter Configuration System The Fresh Algo v24 offers four distinct cloud filter configurations, each optimized for specific trading timeframes and market approaches. The Smooth Cloud Filter utilizes the mathematical relationship between 150-period and 250-period exponential moving averages, providing stable trend identification suitable for position trading strategies. This configuration generates signals exclusively when price action aligns with cloud direction, creating a more deliberate but highly reliable signal generation process. The Swing Cloud Filter employs modified Supertrend calculations with parameters specifically optimized for swing trading timeframes. This filter achieves optimal balance between responsiveness and stability, adapting effectively to medium-term price movements while filtering excessive market noise that typically affects shorter-term analytical systems. For active intraday traders, the Scalping Cloud Filter utilizes accelerated Supertrend calculations designed to capture rapid trend changes effectively. This configuration provides enhanced signal generation frequency suitable for compressed timeframe strategies. The advanced Scalping+ Cloud Filter incorporates Hull Moving Average confirmation, delivering maximum responsiveness for ultra-short-term trading while maintaining signal quality through additional momentum validation processes. ## Specialized Assistant Functionality The system includes two distinct assistant modes that provide supplementary market analysis capabilities. The Trend Assistant Mode activates advanced cloud analysis overlays that display dynamic support and resistance zones calculated through adaptive volatility algorithms. These levels automatically adjust to current market conditions, providing visual guidance for identifying trend continuation patterns and potential reversal areas with mathematical precision. The Trend Tracker Mode concentrates on long-term trend identification by displaying major exponential moving averages with color-coded fill areas that clarify directional bias. This mode maintains visual simplicity while providing comprehensive trend context evaluation, enabling traders to quickly assess broader market direction and align shorter-term strategies accordingly. ## Dynamic Risk Management System The integrated risk management system automatically adapts across all operational modes, calculating stop loss and take profit targets using Average True Range multiples that adjust to current market volatility. This approach ensures consistent risk parameters regardless of selected operational mode while maintaining relevance to prevailing market conditions. Stop loss placement occurs at 3x ATR distance from entry points, while three progressive take profit targets establish at 1x, 2x, and 3x ATR multiples respectively. The system automatically updates these levels upon trend direction changes, ensuring current market volatility influences all risk calculations and maintains appropriate risk-reward ratios throughout trade management. ## Comprehensive Market Analysis Dashboard The sophisticated dashboard provides real-time market analysis including volatility measurements, institutional activity assessment, and multi-timeframe trend evaluation across five-minute through four-hour periods. This comprehensive market context assists traders in selecting appropriate operational modes based on current market characteristics rather than relying exclusively on historical performance data. The multi-timeframe analysis ensures mode selection considers broader market context beyond the primary trading timeframe, improving overall strategic alignment and reducing conflicts between different temporal market perspectives. The dashboard displays market state classification, volatility percentages, institutional activity levels, current trading session information, and trend pressure indicators. ## Enhanced Trading Assistants The Fresh Algo v24 includes specialized trading assistant features that complement the primary signal generation system. The Reversal Dot functionality identifies potential reversal points through Wave Trend Oscillator analysis, displaying small circles when crossover conditions occur at extreme levels. These reversal indicators provide early warning signals for potential trend changes before they appear in the primary signal system. The Dynamic Take Profit Labels feature automatically identifies optimal profit-taking opportunities through RSI threshold analysis, marking potential exit points at 70, 75, and 80 levels for long positions and 30, 25, and 20 levels for short positions. This automated profit management system helps traders optimize exit timing without requiring constant manual monitoring. ## Advanced Alert System The comprehensive alert system accommodates all operational modes while providing granular notification control for various signal types and risk management events. Traders can configure separate alerts for normal buy signals, strong buy signals, normal sell signals, strong sell signals, stop loss triggers, and individual take profit target achievements. Cloud crossover alerts notify traders when trend direction changes occur, providing early indication of potential strategy adjustments. The alert system includes detailed trade setup information, timeframe data, and relevant entry and exit levels, ensuring traders receive complete context for informed decision-making. ## Technical Foundation Architecture The Fresh Algo v24 combines multiple proven technical analysis components including Wave Trend Oscillator for momentum assessment, Supertrend for directional bias determination, Squeeze Momentum for volatility analysis, and various exponential moving averages for trend confirmation. Each component contributes specific market insights while the unified system provides comprehensive market evaluation through their mathematical integration. The multi-component approach reduces dependency on individual indicator limitations while leveraging the analytical strengths of each technical tool. This creates a robust analytical framework capable of adapting to diverse market conditions through appropriate mode selection and parameter optimization. ## Implementation Strategy Considerations Successful implementation requires careful matching of operational modes to prevailing market conditions and individual trading objectives. Trending modes demonstrate optimal performance during directional markets with sustained momentum characteristics, while contrarian modes excel during range-bound or overextended market conditions where reversal probability increases. The cloud filter configurations provide varying degrees of confirmation strength, with smoother settings reducing false signal occurrence at the expense of some responsiveness to price changes. Traders must balance signal quality against signal frequency based on their risk tolerance and available trading time. ## Community Development Framework This indicator represents ongoing community-driven development through the team at t.me where continuous discussions focus on optimization techniques, practical implementation strategies, and real-world performance feedback. The collaborative development approach ensures the system remains relevant to actual market conditions while incorporating insights from active professional traders. Understanding these operational modes and their specific applications enables traders to optimize the NAIFCHART Fresh Algo v24 system according to their particular requirements while maintaining consistent risk management principles across all market environments. The inherent flexibility in the multi-mode design allows strategic adaptation to changing market conditions without requiring complete methodology overhaul. --- *Source: NAIFCHART Fresh Algo v24 available through t.me
Pine Script® indicator
by Mutanabby_AI
4
Enhanced Predator Suite🎯 Simple Predator Suite Guide - What You See on Your Chart 📍 What to Look For RIGHT NOW on Your BTC Chart 1. BAR COLORS (Most Important) Look at the color of each price bar: 🟢 BRIGHT GREEN = BUY SIGNAL (Bull Strong) 🟢 LIGHT GREEN = Weak buy (be careful) 🟠 ORANGE = Weak sell (take profits) 🔴 RED = SELL SIGNAL (Bear Strong) ⚫ GRAY = DON'T TRADE (choppy market) 2. TRIANGLE SIGNALS These are your entry points: ▲ GREEN TRIANGLE UP = Enter LONG (buy) on next bar ▼ RED TRIANGLE DOWN = Enter SHORT (sell) on next bar 3. TRAILING STOP LINES 🟢 GREEN LINE = Exit your long trades if price hits this 🔴 RED LINE = Exit your short trades if price hits this 🚀 SUPER SIMPLE TRADING METHOD FOR LONG TRADES (BUYING) Wait for a green triangle ▲ to appear Buy on the next candle Set stop loss below the green line Take profit when bars turn orange or red FOR SHORT TRADES (SELLING) Wait for a red triangle ▼ to appear Sell on the next candle Set stop loss above the red line Take profit when bars turn light green or bright green WHEN TO STAY OUT Gray bars = Market is confused, don't trade No triangles = No clear entry signal Price far from lines = You missed the move 🚫 COMMON MISTAKES TO AVOID DON'T Do These Things: ❌ Trade during gray bars (choppy market) ❌ Enter without seeing a triangle signal ❌ Ignore the trailing stop lines ❌ Trade with big position sizes at first ❌ Chase price if you missed the triangle DO These Instead: ✅ Wait patiently for clear triangle signals ✅ Always use the stop loss lines ✅ Start with tiny position sizes ✅ Take profits when bar colors change ✅ Stay out during gray bar periods
Pine Script® indicator
by Devjames
New Rsi For Entry FiltrationThis indicator, which is based on the RSI indicator, is written to prevent you from entering the wrong trade. Its operation is very simple. Enter a long trade when both the main area and the lower ribbon are green. Also, for a short trade, both the main area and the lower ribbon are red. The purple line also shows the stop loss level based on ATR. It is not advisable to enter the trade at the points indicated by R because the candlestick length is long.
Pine Script® indicator
by setbet215
1
Hawkes Volatility Exit IndicatorOverview The Hawkes Volatility Exit Indicator is a powerful tool designed to help traders capitalize on volatility breakouts and exit positions when momentum fades. Built on the Hawkes process, it models volatility clustering to identify optimal entry points after quiet periods and exit signals during volatility cooling. Designed to be helpful for swing traders and trend followers across markets like stocks, forex, and crypto. Key Features Volatility-Based Entries: Detects breakouts when volatility spikes above the 95th percentile (adjustable) after quiet periods (below 5th percentile). This indicator is probably better on exits than entries. Smart Exit Signals: Triggers exits when volatility drops below a customizable threshold (default: 30th percentile) after a minimum hold period. Hawkes Process: Uses a decay-based model (kappa) to capture volatility clustering, making it responsive to market dynamics. Visual Clarity: Includes a volatility line, exit threshold, percentile bands, and intuitive markers (triangles for entries, X for exits). Status Table: Displays real-time data on position (LONG/SHORT/FLAT), volatility regime (HIGH/LOW/NORMAL), bars held, and exit readiness. Customizable Alerts: Set alerts for breakouts and exits to stay on top of trading opportunities. How It Works Quiet Periods: Identifies low volatility (below 5th percentile) that often precede significant moves. Breakout Entries: Signals bullish (triangle up) or bearish (triangle down) entries when volatility spikes post-quiet period. Exit Signals: Suggests exiting when volatility cools below the exit threshold after a minimum hold (default: 3 bars). Visuals & Table: Tracks volatility, position status, and signals via lines, shaded zones, and a detailed status table. Settings Hawkes Kappa (0.1): Adjusts volatility decay (lower = smoother, higher = more sensitive). Volatility Lookback (168): Sets the period for percentile calculations. ATR Periods (14): Normalizes volatility using Average True Range. Breakout Threshold (95%): Volatility percentile for entries. Exit Threshold (30%): Volatility percentile for exits. Quiet Threshold (5%): Defines quiet periods. Minimum Hold Bars (3): Ensures positions are held before exiting. Alerts: Enable/disable breakout and exit alerts. How to Use Entries: Look for triangle markers (up for long, down for short) and confirm with the status table showing "ENTRY" and "LONG"/"SHORT." Exits: Exit on X cross markers when the status table shows "EXIT" and "Exit Ready: YES." Monitoring: Use the status table to track position, bars held, and volatility regime (HIGH/LOW/NORMAL). Combine: Pair with price action, support/resistance, or other indicators for better context. Tips : Adjust thresholds for your market: lower breakout thresholds for more signals, higher exit thresholds for earlier exits. Test on your asset to ensure compatibility (best for markets with volatility clustering). Use alerts to automate signal detection. Limitations Requires sufficient data (default: 168 bars) for reliable signals. Check "Data Status" in the table. Focuses on volatility, not price direction—combine with trend tools. May lag slightly due to the smoothing nature of the Hawkes process. Why Use It? The Hawkes Volatility Exit Indicator offers a unique, data-driven approach to timing trades based on volatility dynamics. Its clear visuals, customizable settings, and real-time status table make it a valuable addition to any trader’s toolkit. Try it to catch breakouts and exit with precision! This indicator is based on neurotrader888's python repo. All credit to him. All mistakes mine. This conversion published for wider attention to the Hawkes method.
Pine Script® indicator
by bearbearbull23
Fibonacci Range Detector ║ BullVision🔬 Overview The Fibonacci Range Mapper is a dynamic technical tool designed to identify, track, and visualize price ranges using Fibonacci levels. Whether you're trading manually or prefer automated structure recognition, this indicator helps you contextualize market moves and locate key price zones with precision. ⚙️ Core Logic 🔍 Range Detection (Auto & Manual Modes) In Auto mode, the indicator uses an advanced ZigZag system based on ATR or percentage thresholds to confirm market swings and construct Fibonacci-based ranges. In Manual mode, traders can define their own swing low and high to generate precise custom ranges. 📐 Fibonacci Mapping Each detected range is automatically plotted with key Fibonacci retracement levels — 0%, 25%, 50%, 75%, 100% — along with optional extensions (127.2% and 161.8%) to anticipate price continuations or reversals. 📋 Live Data Table An integrated info panel dynamically displays crucial metrics: • Range size • Current price zone (Discount / Mid / Premium) • Position within range (%) • Distance to range extremes • Range status (Pending or Confirmed) 🕰️ Historical Memory Up to 20 past ranges can be stored and visualized simultaneously, helping traders recognize repeated price behaviors and contextual support/resistance levels. 🎨 Visual Highlights Zones of interest (0–25% = Discount, 75–100% = Premium) are color-coded with custom transparency, and labels can be toggled for clarity. The current active range updates in real time as structure evolves. 🔧 User Customization • Detection Method: Choose between ATR or % ZigZag for automated swing identification • Confirmation Delay: Set how many bars to wait before confirming a new high • Manual Overrides: Select exact price levels when you want full control • Extensions & Labels: Toggle additional lines and info to suit your charting style • Visual Table Position: Customize where the data table appears on screen • Color Scheme: Define your own zone gradients for better visual interpretation 📈 Use Cases This indicator is ideal for traders who want to: • Identify value zones within local or macro price structures • Plan trades around Fibonacci retracement and extension levels • Detect shifts in market structure using an adaptive ZigZag logic • Track recurring price ranges and historical reaction points • Enhance technical confluence with clean, visual price mapping ⚠️ Important Notes This tool is not a buy/sell signal generator — it is a visual framework for structure-based analysis. Use it in conjunction with your existing strategy and risk management process. Always confirm with broader context and multi-timeframe alignment.
Pine Script® indicator
by BullVisionCapital
Hypothesis TF Strategy EvaluationThis script provides a statistical evaluation framework for trend-following strategies by examining whether mean returns (measured here as 1-period Rate of Change, ROC) differ significantly across different price quantile groups. Specifically, it: Calculates rolling 25th (Q1) and 75th (Q3) percentile levels of price over a user-defined window. Classifies returns into three groups based on whether price is above Q3, between Q1 and Q3, or below Q1. Computes mean returns and sample sizes for each group. Performs Welch's t-tests (which account for unequal variances) between groups to assess if their mean returns differ significantly. Displays results in two tables: Summary Table: Shows mean ROC and number of observations for each group. Hypothesis Testing Table: Shows pairwise t-statistics with significance stars for 95% and 99% confidence levels. Key Features Rolling quantile calculations: Captures local price distributions dynamically. Robust hypothesis testing: Welch's t-test allows for heteroskedasticity between groups. Significance indicators: Easy visual interpretation with "*" (95%) and "**" (99%) significance levels. Visual aids: Plots Q1 and Q3 levels on the price chart for intuitive understanding. Extensible and transparent: Fully commented code that emphasizes the evaluation process rather than trading signals. Important Notes Not a trading strategy: This script is intended as a tool for research and validation, not as a standalone trading system. Look-ahead bias caution: The calculation carefully avoids look-ahead bias by computing quantiles and ROC values only on past data at each point. Users must ensure look-ahead bias is removed when applying this or similar methods, as look-ahead bias would artificially inflate performance and statistical significance. The statistical tests rely on the assumption of independent samples, which might not fully hold in financial time series but still provide useful insights Usage Suggestions Use this evaluation framework to validate hypotheses about the behavior of returns under different price regimes. Integrate with your strategy development workflow to test whether certain market conditions produce statistically distinct return distributions. Example In this example, the script was run with a quantile length of 20 bars and a lookback of 500 bars for ROC classification. We consider a simple hypothetical "strategy": Go long if the previous bar closed above Q3 the 75th percentile). Go short if the previous bar closed below Q1 (the 25th percentile). Stay in cash if the previous close was between Q1 and Q3. The screenshot below demonstrates the results of this evaluation. Surprisingly, the "long" group shows a negative average return, while the "short" group has a positive average return, indicating mean reversion rather than trend following. The hypothesis testing table confirms that the only statistically significant difference (at 95% or higher confidence) is between the above Q3 and below Q1 groups, suggesting a meaningful divergence in their return behavior. This highlights how this framework can help validate or challenge intuitive assumptions about strategy performance through rigorous statistical testing.
Pine Script® indicator
by InvestorUnknown
BTC Breakout Bot (TP/SL + Alerts) 🚀This strategy targets Bitcoin (BTC/USDT) breakout trades by detecting price moves beyond recent highs and lows, with built-in risk management and alerts. How it works: 📈 Long Entry: When price breaks above the highest high of the last N candles (default 20) 📉 Short Entry: When price breaks below the lowest low of the last N candles 🎯 Take Profit: Automatically set at a percentage from entry price (default 5%) ⚠️ Stop Loss: Automatically set at a percentage from entry price (default 2%) 🔔 Alerts: Triggered on every long and short breakout trade, compatible with Telegram/webhook notifications Parameters: ⏳ Breakout Lookback: Number of candles used to identify breakout levels (default 20) 💰 Take Profit (%): Profit target as % from entry (default 5%) 🛑 Stop Loss (%): Maximum allowed loss as % from entry (default 2%)
Pine Script® strategy
by MEDUSA7
Simple SMA StrategyThis strategy uses two Simple Moving Averages (SMAs) to spot trend changes and generate trade signals on any market or timeframe. How it works: ➡️ Long Entry: When the fast SMA (default 14) crosses above the slow SMA (default 28), enter a long position. ⬇️ Short Entry: When the fast SMA crosses below the slow SMA, enter a short position. 🔄 Exit: Positions close when the opposite crossover happens, capturing trend reversals. Features: ⚙️ Adjustable SMA lengths for different markets or styles 💰 Position sizing as % of equity (default 1%) for risk management 📊 Plots fast (blue) and slow (orange) SMAs on the chart 🔔 Alerts on every long & short entry crossover for automation or notifications Use Cases: Perfect for trend-following traders in crypto, stocks, forex, and more — simple and effective. ⚠️ Disclaimer Backtests and alerts are based on historical data and don’t guarantee future results. Always test carefully and manage your risk!
Pine Script® strategy
by MEDUSA7
My strategyThis strategy is designed for BTC/USDT breakout trading on short-to-medium timeframes. It enters positions when price breaks out above recent highs or below recent lows, using automated risk management and alerts. 🔍 Core Logic Long entry: When price breaks above the highest high of the last N candles (default: 20). Short entry: When price breaks below the lowest low of the last N candles. This logic helps detect momentum-driven breakout moves based on recent price consolidation. ⚙️ Strategy Settings Capital: $10,000 Order size: 1% of equity per trade Commission: 0.1% per trade (simulating exchange fees) Slippage: 3 ticks (for realism) Take Profit: 3% from entry Stop Loss: 1.5% from entry These settings aim to provide realistic, risk-conscious backtest results, suitable for individual traders. 📊 Visual Features Green line = Breakout High Red line = Breakout Low Entry/exit markers are plotted on the chart 🔔 Alerts Alerts are integrated for: Long Entry Short Entry You can create TradingView alerts using this script to automate notifications or connect to external bots (e.g., via webhook for Telegram or Discord). 🧠 How This Strategy Is Different While many breakout bots use standard Donchian channels, this version allows you to: Tune the breakout sensitivity (via the adjustable lookback period) Customize TP/SL without external inputs Integrate alerts for real-time decision making or automation The simplicity and flexibility make it useful as both a live tool and a framework for further development. ⚠️ Disclaimer This script is for educational purposes only. Backtests are based on historical data and do not guarantee future results. Always test thoroughly before using in live trading. Risk only what you can afford to lose.
Pine Script® strategy
by MEDUSA7
Clarix Smart Reversal ScorecardPurpose Designed to identify potential trend reversal setups based on a rules-based scoring system. It helps traders quickly assess the strength of reversal signals using objective technical criteria. How It Works The script evaluates seven key technical conditions for both bullish and bearish reversals. Each condition met adds 1 point to the total score (max 7). A table displays the results with a final score and an automatic conclusion based on the strength of the setup. Features Reversal signal scoring from 0 to 7 Bullish and bearish detection modes Visual scorecard table with individual factors Configurable minimum score to show Alert conditions for strong (5+) and perfect (7) setups Lightweight and optimized for all timeframes Usage Tips Set "Direction" to Bullish, Bearish, or Both depending on your strategy Use on timeframes between 15m to 4H for optimal signals A score of 5 or more suggests strong reversal potential Combine with key support/resistance or trend context for higher accuracy Avoid using during high-volatility news events for cleaner signals
Pine Script® indicator
by CLARIX_WEALTH
UngliMulti-Indicator Confluence System This is a **multi-indicator confluence trading signal system** called "Ungli" that combines RSI, ADX, and MACD to identify high-probability momentum opportunities when used alongside chart pattern and trend line breakouts. ## Core Concept The script identifies moments when multiple technical indicators align to suggest potential price momentum moves, specifically looking for oversold and overbought conditions with momentum confirmation. Use green and red highlights along with chart patterns and trend line breakouts that signal a breakout for confluence for a likely momentum move. ## Technical Indicators Used **RSI (Relative Strength Index)** - Default 14-period RSI - Oversold threshold: < 40 - Overbought threshold: > 60 **ADX (Average Directional Index)** - Default 14-period ADX with DI+ and DI- - Threshold: 21 - Looks for ADX below threshold but ticking upward (momentum building) **MACD (Moving Average Convergence Divergence)** - Fast: 12, Slow: 26, Signal: 9 - Uses MACD line direction as trend filter ## Signal Logic **Green Background (Bullish Momentum Signal):** - RSI > 60 (overbought) - ADX < 21 AND rising - MACD line trending upward **Red Background (Bearish Momentum Signal):** - RSI < 40 (oversold) - ADX < 21 AND rising - MACD line trending downward ## Key Strategy Elements 1. **Confluence Approach**: Requires all three indicators to align, reducing false signals 2. **Momentum Filter**: ADX must be building (rising) even if low, indicating emerging trend strength 3. **Trend Confirmation**: MACD direction must match the expected move 4. **Visual Simplicity**: Clean background highlighting without chart clutter 5. **Pattern Integration**: Designed to work with chart patterns and breakout strategies ## Use Case This indicator is designed for swing trading and breakout strategies, identifying moments when oversold/overbought conditions coincide with building momentum in the expected direction. The ADX filter helps avoid choppy, trendless markets. Best used in conjunction with: - Support/resistance breakouts - Chart pattern breakouts (triangles, flags, channels) - Trend line breaks - Key level violations The background highlights serve as confluence confirmation when combined with your chart analysis and breakout setups.
Pine Script® indicator
by naikamit8
Markov Chain Trend ProbabilityA Markov Chain is a mathematical model that predicts future states based on the current state, assuming that the future depends only on the present (not the past). Originally developed by Russian mathematician Andrey Markov, this concept is widely used in: Finance: Risk modeling, portfolio optimization, credit scoring, algorithmic trading Weather Forecasting: Predicting sunny/rainy days, temperature patterns, storm tracking Here's an example of a Markov chain: If the weather is sunny, the probability that will be sunny 30 min later is say 90%. However, if the state changes, i.e. it starts raining, how the probability that will be raining 30 min later is say 70% and only 30% sunny. Similar concept can be applied to markets price action and trends. Mathematical Foundation The core principle follows the Markov Property: P(X_{t+1}|X_t, X_{t-1}, ..., X_0) = P(X_{t+1}|X_t) Transition Matrix : -------------Next State Current---- --------P11 P12 -----P21 P22 Probability Calculations: P(Up→Up) = Count(Up→Up) / Count(Up states) P(Down→Down) = Count(Down→Down) / Count(Down states) Steady-state probability: π = πP (where π is the stationary distribution) State Definition: State = UPTREND if (Price_t - Price_{t-n})/ATR > threshold State = DOWNTREND if (Price_t - Price_{t-n})/ATR < -threshold How It Works in Trading This indicator applies Markov Chain theory to market trends by: Defining States: Classifies market conditions as UPTREND or DOWNTREND based on price movement relative to ATR (Average True Range) Learning Transitions: Analyzes historical data to calculate probabilities of moving from one state to another Predicting Probabilities: Estimates the likelihood of future trend continuation or reversal How to Use Parameters: Lookback Period: Number of bars to analyze for trend detection (default: 14) ATR Threshold: Sensitivity multiplier for state changes (default: 0.5) Historical Periods: Sample size for probability calculations (default: 33) Trading Applications: Trend confirmation for entry/exit decisions Risk assessment through probability analysis Market regime identification Early warning system for potential trend reversals The indicator works on any timeframe and asset class. Enjoy!
Pine Script® indicator
by HenriqueCentieiro
4
Clarix Ichimoku DashboardPurpose The Mariam Ichimoku Dashboard is designed to simplify the Ichimoku trading system for both beginners and experienced traders. It provides a complete view of trend direction, strength, momentum, and key signals all in one compact dashboard on your chart. This tool helps traders make faster and more confident decisions without having to interpret every Ichimoku element manually. How It Works 1. Trend Strength Score Calculates a score from -5 to +5 based on Ichimoku components. A high positive score means strong bullish momentum. A low negative score shows strong bearish conditions. A near-zero score indicates a sideways or unclear market. 2. Future Cloud Bias Looks 26 candles ahead to determine if the future cloud is bullish or bearish. This helps identify the longer-term directional bias of the market. 3. Flat Kijun / Flat Senkou B Detects flat zones in the Kijun or Senkou B lines. These flat areas act as strong support or resistance and can attract price. 4. TK Cross Identifies Tenkan-Kijun crosses: Bullish Cross means Tenkan crosses above Kijun Bearish Cross means Tenkan crosses below Kijun 5. Last TK Cross Info Shows whether the last TK cross was bullish or bearish and how many candles ago it happened. Helps track trend development and timing. 6. Chikou Span Position Checks if the Chikou Span is above, below, or inside past price. Above means bullish momentum Below means bearish momentum Inside means mixed or indecisive 7. Near-Term Forecast (Breakout) Warns when price is near the edge of the cloud, preparing for a potential breakout. Useful for anticipating price moves. 8. Price Breakout Shows if price has recently broken above or below the cloud. This can confirm the start of a new trend. 9. Future Kumo Twist Detects upcoming twists in the cloud, which often signal potential trend reversals. 10. Ichimoku Confluence Measures how many key Ichimoku signals are in agreement. The more signals align, the stronger the trend confirmation. 11. Price in or Near the Cloud Displays if the price is inside the cloud, which often indicates low clarity or a choppy market. 12. Cloud Thickness Shows whether the cloud is thin or thick. Thick clouds provide stronger support or resistance. Thin clouds may allow easier breakouts. 13. Recommendation Gives a simple trading suggestion based on all major signals. Strong Buy, Strong Sell, or Hold. Helps simplify decision-making at a glance. Features All major Ichimoku signals summarized in one panel Real-time trend strength scoring Detects flat zones, crosses, cloud twists, and breakouts Visual alerts for trend alignment and signal confluence Compact, clean design Built with simplicity in mind for beginner traders Tips Best used on 15-minute to 1-hour charts for short-term trading Avoid entering trades when price is inside the cloud because the market is often indecisive Wait for alignment between trend score, TK cross, cloud bias, and confluence Use the dashboard to support your trading strategy, not replace it Enable alerts for major confluence or upcoming Kumo twists
Pine Script® indicator
by CLARIX_WEALTH
Custom ZigZag IndicatorOverview The Custom ZigZag Indicator is a technical analysis tool built in Pine Script (version 5) for TradingView. It overlays on price charts to visualize market trends by connecting significant swing highs and lows, filtering out minor price noise. This helps identify the overall market direction (uptrends or downtrends), potential reversal points, and key support/resistance levels. Unlike standard price lines, it "zigzags" only between meaningful pivots, making trends clearer. Core Logic and How It Works The script uses a state-machine approach to track market direction and pivots: Initialization Starts assuming an upward trend on the first bar. sets initial high/low prices and bar indices based on the current bar's high/low. Direction Tracking: Upward Trend (direction = 1): Monitors for new highs: If the current high exceeds the tracked high, update the high price and bar. Checks for reversal: If the low drops below the high by the deviation percentage (e.g., high * (1 - 0.05) for 5%), it signals a downtrend reversal. Draws a green line from the last pivot (low) to the new high. If labels are enabled, adds a label: "HH" (Higher High if above previous high), "LH" (Lower High if below), or "H" (for the first one). Updates the last high and switches to downward direction. Downward Trend (direction = -1): Monitors for new lows: If the current low is below the tracked low, update the low price and bar. Checks for reversal: If the high rises above the low by the deviation percentage (e.g., low * (1 + 0.05)), it signals an uptrend reversal. Draws a red line from the last pivot (high) to the new low. If labels are enabled, adds a label: "LL" (Lower Low if below previous low), "HL" (Higher Low if above), or "L" (for the first one). Updates the last low and switches to upward direction.
Pine Script® indicator
by Az_Tinks
GLOBEX BOX v1.0All credit to the creator and teacher of this strategy, @RS. The "GOBEX BOX v1.0" indicator draws customizable horizontal rectangles (with optional midlines and labels) around specific opening candles in the EST timezone ("America/New_York"). It highlights: The 09:30–09:31 EST 1-minute candle high/low for Monday through Friday. The 18:00–18:05 EST 5-minute candle high/low for Sunday through Thursday. Various customizable features are in the indicator settings. Happy trading!
Pine Script® indicator
by Sherbertt
1
Clarix Market DashboardPurpose : Shows if the market is trending, volatile, or stuck so you can decide when to trade or wait. How to Use Add the indicator to your chart. Adjust basic settings like EMA, RSI, ATR lengths, and timezone if needed. Use it before entering any trade to confirm market conditions. What Each Metric Means (with general ranges) Session: Identifies which market session is active (New York, London, Tokyo). Trend: Shows current market direction. “Up” means price above EMA and VWAP, “Down” means price below. Use this to confirm bullish or bearish bias. HTF Trend: Confirms trend on a higher timeframe for stronger signals. ATR (Average True Range): Measures market volatility or price movement speed. Low ATR (e.g., below 0.5% of price) means quiet or slow market; high ATR (above 1% of price) means volatile or fast-moving market, good for active trades. Strong Bar: A candlestick closing near its high (above 75% of range) indicates strong buying momentum; closing near its low indicates strong selling momentum. Higher Volume: Volume higher than average (typically 10-20% above normal) means more market activity and stronger moves. Volume / Avg Volume: Ratio above 1.2 (120%) shows volume is significantly higher than usual, signaling strong interest. RVol % (Relative Volume %): Above 100% means volume is hotter than normal, increasing chances of strong moves; below 50% means low activity and possible indecision. Delta: Difference between buying and selling volume (if available). A positive delta means buyers dominate; negative means sellers dominate. ADX (Average Directional Index): Measures trend strength: Below 20 means weak or no trend; Above 25 means strong trend; Between 20-25 is moderate trend. RSI (Relative Strength Index): Momentum oscillator: Below 30 = oversold (potential buy); Above 70 = overbought (potential sell); Between 40-60 means neutral momentum. MACD: Confirms momentum direction: Positive MACD histogram bars indicate bullish momentum; Negative bars indicate bearish momentum. Choppiness Index: Measures how much the market is ranging versus trending: Above 60 = very choppy/sideways market; Below 40 = trending market. Consolidation: When true, price is stuck in a narrow range, signaling indecision. Avoid breakout trades during this. Quick Trading Reminder Trade only when the trend is clear and volume is above average. Avoid trading in low volume or choppy markets.
Pine Script® indicator
by CLARIX_WEALTH
RSI+BOLLINGER (LONG & SHORT)This indicator combines two of the most popular tools in technical analysis, the Relative Strength Index (RSI) and Bollinger Bands (BB), to generate both long (BUY) and short (SELL) trading signals. Strategy: Entries (Buy/Short): Entry signals are based on the RSI. A BUY is suggested when the RSI crosses above an oversold level (default: 29), indicating a possible upward reversal. A SHORT is suggested when the RSI crosses below an overbought level (default: 71), indicating a possible downward reversal. Exits (Position Closure): Exit signals are based on Bollinger Bands. A long position is closed when the price crosses below the upper Bollinger Band. A short position is closed when the price crosses above the lower Bollinger Band. Key Features: Cascade Filter: Includes a smart filter that prevents opening new consecutive trades if the price hasn't moved significantly in favor of a new entry, optimizing signal quality. Automation Alerts: Generates detailed alerts in JSON format for each event (buy, sell, close), designed for easy integration with trading bots and automated systems via webhooks. Fully Configurable: All parameters of the RSI, Bollinger Bands, and strategy filters can be adjusted from the indicator’s settings menu.
Pine Script® indicator
by gpsrosario
2
SMT Divergence x outofoptions🔍 SMT Divergence — Advanced Market Correlation Analysis This was created with and approved by @outofoptions to bring you smaller SMTs based on his original SMT Divergence indicator SMT Divergence is a sophisticated technical analysis indicator designed to identify high-probability reversal and continuation signals through intelligent correlation analysis between related markets. This powerful tool reveals hidden market dynamics by comparing price action divergences across correlated instruments, providing traders with institutional-level market insight. 🎯 Core Capabilities: Multi-Market Analysis : Automatically compares your chart with a correlated instrument to identify divergence patterns and market inefficiencies Smart Liquidity Detection : Advanced algorithms identify key liquidity levels and sweep patterns for enhanced signal accuracy Dynamic Divergence Mapping : Real-time visualization of bullish and bearish divergences with customizable line styles and colors Intelligent Signal Validation : Optional candle-based confirmation system to filter high-probability setups from noise Automated Line Management : Smart removal of invalidated divergences to maintain clean, actionable chart analysis 📊 Professional Features: The SMT Divergence indicator excels at revealing market structure imbalances that often precede significant price movements. By analyzing the relationship between correlated markets, it identifies when institutional money may be positioned differently than retail sentiment suggests, providing early warning signals for potential reversals. ⚙️ Advanced Customization: Flexible correlation pair selection for any market combination Customizable visual styling with multiple line types and color schemes Adjustable validation criteria for different trading styles Professional alert system with detailed message customization Automatic cleanup of broken or invalidated divergences 🎨 Visual Excellence: Clean, professional line drawing with customizable styling Dynamic labeling system with size and color options Real-time divergence tracking and management Institutional-grade chart presentation Optimized performance for extended analysis periods 📈 Ideal For: Swing traders seeking high-probability reversal signals Multi-market analysts comparing correlated instruments Institutional-style traders using correlation analysis Advanced technical analysts studying market structure Those seeking early warning signals for trend changes 🔔 Smart Alerts: Comprehensive alert system with customizable messaging allows you to stay informed of new divergences across multiple timeframes and market sessions, ensuring you never miss critical market developments. 💡 Market Intelligence: SMT Divergence transforms complex inter-market relationships into clear, actionable signals, giving you the same analytical edge used by professional trading institutions to identify market turning points before they become obvious to retail traders. Educational Tool: This indicator is designed for educational and analytical purposes. Divergence analysis requires understanding of market correlation principles. Always combine with proper risk management and additional analysis methods.
Pine Script® indicator
by xJMacD
4