Institutional Key Levels + VWAP Alerts (Labeled)🧠 Description:
This free version of the Institutional Key Levels + VWAP script gives you instant, auto-updating visibility on the most important price zones for intraday and swing trading.
✅ Designed for traders who want clean, data-driven levels without daily redrawing.
🧱 What It Shows:
Prior Day High (PDH)
Prior Day Low (PDL)
Prior Day Close (PDC)
Live VWAP
Color-coded horizontal lines + optional chart labels
Built-in alert conditions for:
Breakout above PDH
Breakdown below PDL
VWAP Reclaim or Rejection
📊 Ideal for:
Futures traders (MNQ, ES, MGC, etc.)
Equity scalpers
Options traders using directional bias
Traders who use VWAP as a dynamic S/R guide
🔧 No need to draw lines manually. This script updates daily with zero maintenance and lets you stay focused on execution.
Trend Analysis
Oculus Ultra Parallel S/R Channel**Oculus Ultra Parallel S/R Channel**
*Version 1.0 | Pine Script v6*
**Overview**
This indicator overlays a statistically-driven support/resistance channel on your chart by fitting a linear regression (median) line and plotting parallel bands at a configurable multiple of standard deviation. It adapts dynamically to both trend and volatility, highlights potential reaction zones, and offers optional alerts when price touches key levels.
**Key Features**
* **Median Regression Line**
Fits a best-fit line through the chosen lookback of price data, showing the underlying trend.
* **Volatility-Based Bands**
Upper and lower bands offset by *N*× standard deviation of regression residuals, capturing dynamic S/R zones.
* **Dynamic Coloring**
* Median line turns **teal** when sloping up, **orange** when sloping down.
* Bands tinted green or red depending on their position relative to the median.
* **Channel Fill**
Optional shaded area between the bands for immediate visual context.
* **Touch Alerts**
Precision alerts and on-chart markers when price touches the support or resistance band, with configurable tick tolerance.
* **Clean Layout**
Minimal lines and plots to avoid chart clutter, adjustable via toggle inputs.
**How to Use**
1. **Apply the Script** – Add to any timeframe in overlay mode.
2. **Configure Inputs** –
* **Channel Length**: Number of bars for regression and volatility calculation.
* **Deviation Factor**: Multiplier for band width (in standard deviations).
* **Show/Hide Elements**: Toggle median line, bands, fill, and touch alerts.
* **Color by Slope**: Enable slope-based median coloring.
* **Touch Tolerance**: Number of ticks within which a band touch is registered.
3. **Interpret the Channel** –
* **Trend**: Follow the slope and color of the median line.
* **Support/Resistance**: Bands represent dynamic zones where price often reacts.
* **Alerts**: Use touch markers or alert pop-ups to time entries or exits at band levels.
**Inputs**
* **Channel Length** (default: 100)
* **Deviation Factor** (default: 1.0)
* **Show Median Regression Line** (true/false)
* **Show Channel Bands** (true/false)
* **Fill Between Bands** (true/false)
* **Color Median by Slope** (true/false)
* **Alert on Band Touch** (true/false)
* **Touch Tolerance (ticks)** (default: 2)
**Version History**
* **1.0** – Initial release with dynamic regression channel, slope coloring, band fill, and touch alerts.
**Disclaimer**
This indicator is intended for educational purposes. Always backtest with your own settings and apply sound risk management before trading live.
Mercury System 200 MAs200-period SMA & EMA on multiple timeframes, as per TraderMercury's trading system.
Created by Zeta.
- 15m, 30m, 1h, 2h, 4h, 6h, 12h, 1D, 2D, 1W
HOW TO USE:
Use the checkboxes in the Inputs tab to toggle visibility for each timeframe.
- Do not use the Style tab to hide lines — this will only remove one of the two (SMA or EMA).
- Use the Style tab to adjust colours/transparency only.
TIP:
For a cleaner look, go to the Style tab and uncheck “Values in Status Line.”
Scalping Trend Power for MT5 - Updated### **Scalping Trend Power for MT5 – Full Technical Documentation**
> **Asset class:** FX · CFDs · Futures
> **Style:** Intraday trend-following / scalping
> **Script type:** Pine v5 *strategy* with optional PineConnector execution
> **Author:** AlgoSystems – released for educational & non-commercial use
> **Warning:** No script can guarantee profits; live results may differ from back-tests.
---
## 1. High-Level Idea
Scalping Trend Power couples a **fast/slow EMA crossover** with an **RSI exhaustion filter** to time impulsive pullbacks **inside a dominant short-term trend**.
Unlike classic MA cross systems, it waits for *N consecutive bars* of confirmation, then layers in **ATR-scaled risk, adaptive trailing stops, volume-aware stop tightening,** and *three* optional partial-profit targets.
An **upper-time-frame RSI check** acts as an early-warning exit to avoid overstaying.
---
## 2. Signal Stack in Detail
| Layer | Purpose | Formula / Condition |
| ----------------------- | ------------------ | ----------------------------------------------------------------------------------------- |
| **Trend Bias** | Detect micro-trend | `emaShort > emaLong` ⇒ bullish bias, else bearish |
| **Momentum Health** | Prevent chasing | *Long* trades allowed only if `RSI < RSI_OB`; *Short* only if `RSI > RSI_OS` |
| **Bar Confirmation** | Noise filter | Both rules must hold for `Confirmation Bars` candles in a row |
| **Entry Trigger** | Market order | The candle that completes the confirmation window |
| **Initial Stop** | Volatility sizing | `ATR × TrailingStopMultiplier`, then divided by `(volume / avgVolume × VolumeMultiplier)` |
| **Trailing Logic** | Lock profit | Max( pivot-based stop, ATR-base stop ) for longs; Min(..) for shorts |
| **Higher-TF RSI Guard** | Context exit | Flat if higher-TF RSI breaches OB/OS levels |
| **TP Grid (opt.)** | Incremental exits | TP1/TP2/TP3 at `ATR × {1.0, 1.5, 2.0}` (default multipliers) |
| **Trade Throttle** | Over-trading brake | Max `baseLongTrades – TradeDecreaseFactor` longs per trend leg |
| **Connector Hooks** | MT5 routing | All alerts follow PineConnector’s `risk=` (lots) syntax |
---
## 3. Inputs Explained
| Category | Parameter | Effect |
| -------------------- | -------------------------------------- | ------------------------------------------------------ |
| **Sizing** | `Lot Size` · `Lot Multiplier` | Base lot × multiplier ⇒ *final* `risk=` lots |
| | `Risk/Reward Ratio` | Scales `dynamicTP = ATR × R/R` |
| | `Trailing-Stop Multiplier` | Wider ⇒ looser stop, lower ⇒ tighter |
| **Indicators** | `EMA Short / Long` | 9 & 21 default – suitable for 1-5 min TFs |
| | `RSI Length` | 14 by default |
| | `RSI OB / OS` | OB=70, OS=30 (lower = more entries; higher = stricter) |
| **Exit Context** | `Higher TF` | Any higher timeframe string (e.g. “30”, “60”) |
| | `Higher-TF RSI OB / OS` | Exits when breached |
| **Volume & Pivots** | `Volume Look-Back` | SMA length for avg volume |
| | `Volume Multiplier` | < 1.0 tightens SL in thin liquidity |
| | `Pivot Look-Back` | Bars left/right for swing pivots |
| **Partial Exit** | Toggle + TP multipliers + % lot splits | 0–3 targets; if disabled, single full exit |
| **Execution Limits** | `Confirmation Bars` | 1–n candles |
| | `Trade Decrease Factor` | Reduce # allowable longs as trend matures |
| **Connector** | Activate + License Code | Enables webhook output of orders |
All inputs are **tool-tipped** inside the script for quick reference.
---
## 4. Alert & PineConnector Workflow
1. **Add script to chart** → set inputs.
2. **Create an alert**
* *Condition*: **Any alert() call**
* *Webhook*: `https://webhook.pineconnector.com`
* *Message*: **leave blank** (script fills each alert).
3. In **MT5**, attach PineConnector EA to the **same symbol**; keep *VolumeType = Lots*.
4. Copy-paste your **License ID** into the script and tick **Activate PineConnector**.
5. Script now pushes:
* `buy` / `sell` with `risk=` (entries)
* `closelongvol` / `closeshortvol` with proportional lots (TP1-TP3)
* `closelong` / `closeshort` (full exit or stop)
> **Latency note:** Webhook round-trip ≈ 100-300 ms. Use on liquid 1-M, 5-M, 15-M charts; avoid sub-second scalps.
---
## 5. Best-Practice Checklist
| ✔︎ Do | ✘ Avoid |
| --------------------------------------------------------------------------- | ------------------------------------------------------------- |
| Walk forward-test on *new* data, not in-sample optimisation. | Optimising every input – will over-fit. |
| Calibrate *only* money-management (lot multiplier / TP %) per account size. | Running with fixed lots on variable leverage accounts. |
| Increase ATR multipliers if trading high-spread pairs (exotics, crypto). | Using the same ATR factor across radically different symbols. |
| Re-check higher-TF filter values before volatile sessions (NFP, CPI). | Trading news spikes with confirmation bars = 1. |
| Keep **PineConnector EA** running 24/5 on a VPS (if auto-trading). | Expecting alerts to fire with TradingView tab closed. |
---
## 6. Limitations & Warnings
* Strategy **assumes constant spread** in back-test; real P/L will differ.
* Sub-minute charts may repaint pivots during live candles.
* Over-leveraged lot sizes can wipe accounts quickly – risk strictly!
* PineConnector routing is “fire-and-forget”; EA must handle slippage / rejects.
---
## 7. License & Attribution
Released under the **MIT License** – keep the copyright header if you remix.
If you publish derivatives, please link back to this original post.
---
## 8. Disclaimer
This publication is **NOT** investment advice. Use on demo accounts first, understand all parameters, and comply with your jurisdiction’s regulations. AlgoSystems is **not liable** for any financial loss arising from the use of this code.
---
**Ready to trade?**
Copy the script ⇨ set your risk ⇨ run an alert ⇨ connect PineConnector – and monitor results responsibly. Feedback & pull-requests welcome!
ATR-Normalized SMA Relative Strength vs Benchmark (20/40/60)Compares the relative strength of a asset vs the index using SMAs on a 20,40,60 day basis and compares trend strength. Adjusted by ATR to fairly compare assets with varied volatility. All periods are equally weighted at 1/3rd of calculation. Use to identify over/under preforming stock in the S&P500. A measurement of +1 means a stock is 1 ATR above the index, or out preforming by 1 full daily candle range.
Fibonacci Retracement Buy/Sell Signal by KriptomistFibonacci Retracement Buy/Sell Signal by Kriptomist
This indicator identifies potential buy and sell opportunities based on Fibonacci retracement levels. It calculates significant Fibonacci retracement levels (38.2% and 61.8%) over a customizable lookback period.
How it works:
Buy Signal: Triggered when the price crosses above the 61.8% Fibonacci retracement level, indicating potential bullish momentum.
Sell Signal: Triggered when the price crosses below the 38.2% Fibonacci retracement level, suggesting possible bearish momentum.
The signals are clearly marked on your chart with visual shapes for ease of use. Additionally, alerts can be set to notify you immediately when signals occur.
Features:
Customizable lookback period.
Clear visual representation of key Fibonacci levels.
Easy-to-follow Buy/Sell visual signals.
Alert conditions for timely notifications.
Developed by Kriptomist for traders seeking clarity and precision in their Fibonacci-based trading strategies.
TitanGrid L/S SuperEngineTitanGrid L/S SuperEngine
Experimental Trend-Aligned Grid Signal Engine for Long & Short Execution
🔹 Overview
TitanGrid is an advanced, real-time signal engine built around a tactical grid structure.
It manages Long and Short trades using trend-aligned entries, layered scaling, and partial exits.
Unlike traditional strategy() -based scripts, TitanGrid runs as an indicator() , but includes its own full internal simulation engine.
This allows it to track capital, equity, PnL, risk exposure, and trade performance bar-by-bar — effectively simulating a custom backtest, while remaining compatible with real-time alert-based execution systems.
The concept was born from the fusion of two prior systems:
Assassin’s Grid (grid-based execution and structure) + Super 8 (trend-filtering, smart capital logic), both developed under the AssassinsGrid framework.
🔹 Disclaimer
This is an experimental tool intended for research, testing, and educational use.
It does not provide guaranteed outcomes and should not be interpreted as financial advice.
Use with demo or simulated accounts before considering live deployment.
🔹 Execution Logic
Trend direction is filtered through a custom SuperTrend engine. Once confirmed:
• Long entries trigger on pullbacks, exiting progressively as price moves up
• Short entries trigger on rallies, exiting as price declines
Grid levels are spaced by configurable percentage width, and entries scale dynamically.
🔹 Stop Loss Mechanism
TitanGrid uses a dual-layer stop system:
• A static stop per entry, placed at a fixed percentage distance matching the grid width
• A trend reversal exit that closes the entire position if price crosses the SuperTrend in the opposite direction
Stops are triggered once per cycle, ensuring predictable and capital-aware behavior.
🔹 Key Features
• Dual-side grid logic (Long-only, Short-only, or Both)
• SuperTrend filtering to enforce directional bias
• Adjustable grid spacing, scaling, and sizing
• Static and dynamic stop-loss logic
• Partial exits and reset conditions
• Webhook-ready alerts (browser-based automation compatible)
• Internal simulation of equity, PnL, fees, and liquidation levels
• Real-time dashboard for full transparency
🔹 Best Use Cases
TitanGrid performs best in structured or mean-reverting environments.
It is especially well-suited to assets with the behavioral profile of ETH — reactive, trend-intraday, and prone to clean pullback formations.
While adaptable to multiple timeframes, it shows strongest performance on the 15-minute chart , offering a balance of signal frequency and directional clarity.
🔹 License
Published under the Mozilla Public License 2.0 .
You are free to study, adapt, and extend this script.
🔹 Panel Reference
The real-time dashboard displays performance metrics, capital state, and position behavior:
• Asset Type – Automatically detects the instrument class (e.g., Crypto, Stock, Forex) from symbol metadata
• Equity – Total simulated capital: realized PnL + floating PnL + remaining cash
• Available Cash – Capital not currently allocated to any position
• Used Margin – Capital locked in open trades, based on position size and leverage
• Net Profit – Realized gain/loss after commissions and fees
• Raw Net Profit – Gross result before trading costs
• Floating PnL – Unrealized profit or loss from active positions
• ROI – Return on initial capital, including realized and floating PnL. Leverage directly impacts this metric, amplifying both gains and losses relative to account size.
• Long/Short Size & Avg Price – Open position sizes and volume-weighted average entry prices
• Leverage & Liquidation – Simulated effective leverage and projected liquidation level
• Hold – Best-performing hold side (Long or Short) over the session
• Hold Efficiency – Performance efficiency during holding phases, relative to capital used
• Profit Factor – Ratio of gross profits to gross losses (realized)
• Payoff Ratio – Average profit per win / average loss per loss
• Win Rate – Percent of profitable closes (including partial exits)
• Expectancy – Net average result per closed trade
• Max Drawdown – Largest recorded drop in equity during the session
• Commission Paid – Simulated trading costs: maker, taker, funding
• Long / Short Trades – Count of entry signals per side
• Time Trading – Number of bars spent in active positions
• Volume / Month – Extrapolated 30-day trading volume estimate
• Min Capital – Lowest equity level recorded during the session
🔹 Reference Ranges by Strategy Type
Use the following metrics as reference depending on the trading style:
Grid / Mean Reversion
• Profit Factor: 1.2 – 2.0
• Payoff Ratio: 0.5 – 1.2
• Win Rate: 50% – 70% (based on partial exits)
• Expectancy: 0.05% – 0.25%
• Drawdown: Moderate to high
• Commission Impact: High
Trend-Following
• Profit Factor: 1.5 – 3.0
• Payoff Ratio: 1.5 – 3.5
• Win Rate: 30% – 50%
• Expectancy: 0.3% – 1.0%
• Drawdown: Low to moderate
Scalping / High-Frequency
• Profit Factor: 1.1 – 1.6
• Payoff Ratio: 0.3 – 0.8
• Win Rate: 80% – 95%
• Expectancy: 0.01% – 0.05%
• Volume / Month: Very high
Breakout Strategies
• Profit Factor: 1.4 – 2.2
• Payoff Ratio: 1.2 – 2.0
• Win Rate: 35% – 60%
• Expectancy: 0.2% – 0.6%
• Drawdown: Can be sharp after failed breakouts
🔹 Note on Performance Simulation
TitanGrid includes internal accounting of fees, slippage, and funding costs.
While its logic is designed for precision and capital efficiency, performance is naturally affected by exchange commissions.
In frictionless environments (e.g., zero-fee simulation), its high-frequency logic could — in theory — extract substantial micro-edges from the market.
However, real-world conditions introduce limits, and all results should be interpreted accordingly.
Breakout TrendTiltFolio Breakout Trend indicator
The Breakout Trend indicator is designed to help traders clearly visualize trend direction by combining two complementary techniques: moving averages and Donchian-style breakout logic.
Rather than relying on just one type of signal, this indicator merges short-term and long-term moving averages with breakout levels based on recent highs and lows. The moving averages define the broader trend regime, while the breakout logic pinpoints moments when price confirms directional momentum. This layered approach filters out many false signals while still capturing high-conviction moves.
Yes, these are lagging indicators by design — and that’s the point. Instead of predicting every wiggle, the Breakout Trend waits for confirmation, offering higher signal quality and fewer whipsaws. When the price breaks above a recent high and sits above the long-term moving average, the trend is more likely to persist. That’s when this indicator shines.
While it performs best on higher timeframes (daily/weekly), it's also adaptable to shorter timeframes for intraday traders who value clean, systematic trend signals.
For early signal detection, we recommend pairing this with TiltFolio’s Buying/Selling Proxy, which anticipates pressure buildups—albeit with more noise.
It's easy to read and built for real-world trading discipline.
Engulfing Candles (ATR-Based) with Volume SpikeOverview:
This script is designed to detect high-probability bullish and bearish engulfing patterns — but with a twist: it filters them through ATR-based volatility and confirms strength with volume spikes, all while offering optional trend filtering. It's built for traders who want more than just surface-level candle patterns — it's for those who want contextual confirmation before entering a trade.
What Makes It Different:
Most engulfing candle indicators simply match two candle shapes. This script goes deeper by:
Measuring candle body size relative to recent volatility (via ATR).
Checking for volume confirmation using a dynamic spike threshold.
Filtering based on trend context using SMA-based structure detection.
This tri-layered logic aims to avoid false positives and give traders cleaner, more actionable entries that align with momentum.
Core Concepts:
1. Trend Detection (Optional)
You can choose between two structural filters:
SMA50 only: Looks for price above or below the 50-period SMA to define trend direction.
SMA50 + SMA200 alignment: A stricter rule requiring both fast and slow SMAs to confirm a trend.
Or turn off trend filtering entirely (No detection).
This helps ensure engulfing setups appear in line with the broader trend, increasing the likelihood of continuation.
2. ATR-Filtered Candle Bodies
To eliminate noise:
A candle is only considered a valid engulfing candle if it has a body larger than 1.5× ATR(14).
The previous candle must be a small-bodied candle (less than 0.5× ATR), creating a clear visual engulfing structure.
This method dynamically adjusts for market volatility, so setups are meaningful even during periods of compression or expansion.
3. Volume Spike Confirmation
Not all engulfing candles lead to follow-through. That’s why this script includes a volume confirmation filter:
A 20-period moving average of volume is calculated.
A spike is flagged if the current bar’s volume exceeds 1.5× this average (adjustable).
Patterns with this confirmation are marked with a “*” label (e.g., BU* or BE*) to distinguish volume-backed setups from weaker ones.
Visuals & Alerts:
BU = Bullish engulfing without volume spike
BU* = Bullish engulfing with volume spike
BE = Bearish engulfing without volume spike
BE* = Bearish engulfing with volume spike
A white background highlight is shown behind candles with volume-confirmed engulfing patterns.
Alerts are available for BU* and BE* so you can automate your edge.
How to Use:
Add the indicator to any chart.
Choose your trend filter from the settings panel.
Watch for BU* and BE* labels — these are your highest-conviction signals.
Optional: Combine with support/resistance, Fibonacci zones, or MTF confirmation to refine entries.
Use the included alerts to receive real-time push/email notifications when patterns emerge.
Performance Note:
I’ve found this script to be fairly good when applied to the 1-hour charts of the companies in the US100. The combination of ATR-based filtering and volume confirmation appears to provide clear, high-quality setups with good follow-through potential.
By blending candle patterns, volatility filtering, volume confirmation, and trend context, this script aims to filter out weak signals and highlight the most statistically significant engulfing opportunities.
RSI Buy Sell Signals+ with MFI Cloud [RanaAlgo]Indicator Overview
This indicator combines RSI (Relative Strength Index) with MFI (Money Flow Index) to generate trading signals with additional confirmation filters. The key features include:
RSI Analysis (14-period) with overbought/oversold levels
MFI Cloud (20-period default) showing trend direction via EMAs
Enhanced Signal Generation with volume and trend confirmation options
Visual Elements including colored zones, signal labels, and an information panel
How to Use This Indicator
Basic Interpretation:
Buy Signals (green labels) appear when:
RSI crosses above oversold level (30) OR
RSI shows a rising pattern from oversold zone with volume/trend confirmation (if enabled)
Sell Signals (red labels) appear when:
RSI crosses below overbought level (70) OR
RSI shows a falling pattern from overbought zone with volume/trend confirmation (if enabled)
MFI Cloud provides trend confirmation:
Green cloud = bullish trend (fast EMA > slow EMA)
Red cloud = bearish trend (fast EMA < slow EMA)
Recommended Usage:
For Conservative Trading:
Enable both volume and trend confirmation
Require MFI cloud to align with signal direction
Wait for RSI to clearly exit overbought/oversold zones
For Active Trading:
Combine with price action at key support/resistance levels
Watch for divergence between price and RSI
The Information Panel (top-right) shows:
Current RSI value and status
MFI trend direction
Last generated signal
Current momentum
Customization Options:
Adjust RSI/MFI lengths for sensitivity
Modify overbought/oversold levels
Toggle volume/trend confirmation requirements
Adjust visual elements like cloud opacity and zone visibility
Auto Trend Signal TP SL Manager | SSL Strategy Tool [THANHCONG]🧾 Mô tả (Description)
🔍 Overview:
This is a Pine Script indicator designed to support scalping strategies by combining automatic trend detection via SSL Channel and EMA filter, with regression channels for visual guidance. It provides clear buy/sell signals with automatically calculated Take Profit (TP) and Stop Loss (SL) levels based on your risk-reward ratio.
💡 Key Features:
Buy/Sell signals with EMA and SSL trend confirmation
Auto-calculated SL and TP based on risk and capital input
Position sizing and profit/loss estimation in USD
Entry, SL, TP lines and labels drawn on chart
Regression channel overlay for visual trend context
Alert-ready structure for automation
Suitable for intraday scalping
📘 Recommended For:
Traders who prefer:
Automated trading signal logic
Quick scalping with predefined risk
Visual clarity and intuitive entries
Built-in money management
📘 User Guide
1. Indicator Purpose
This tool identifies trade entries based on SSL Channel crossovers and an EMA trend filter. It automatically sets Stop Loss (SL) and Take Profit (TP) levels according to the risk amount and risk/reward ratio you define.
2. How It Works
When a valid crossover and trend condition are detected, a "Long" or "Short" label appears.
Entry price, SL, and TP levels are drawn on the chart.
Labels show expected position size in USD, potential profit, and maximum risk.
A regression channel provides context on the prevailing trend.
If price hits TP or SL, a corresponding exit label and arrow appear.
3. Inputs
Total Investment (USD): Your account size
Risk per Trade (USD): Max loss per trade
Risk/Reward Ratio: Ratio to calculate TP
HTF SSL Timeframe: Auto or Manual
EMA Length: Trend confirmation filter
🙏 Thank You Note
Thank you for using this indicator. I built this tool to support fellow traders who want more clarity and structure in their intraday strategies. I hope it brings you better entries, smarter exits, and more consistent trades.
Feedback and suggestions are always welcome — let’s improve together.
Wishing you success and discipline in the markets!
— THANHCONG
⚠️ Disclaimer
This indicator is a tool for technical analysis and educational purposes only.
It does not guarantee profit or specific outcomes.
Trading involves risk. Always use proper risk management.
The creator holds no responsibility for financial losses incurred using this script.
By using it, you agree that all decisions are your own responsibility...
#Scalping #SSL #TP_SL #TrendSignal #AutoTrading #RiskManagement #TradingTools #EMA #Forex #Crypto
COV Bands ~ C H I P ACOV Bands ~ C H I P A is a custom volatility and trend identification tool designed to capture directional shifts using the Coefficient of Variation (COV), calculated from standard deviation relative to a mean price baseline.
Key features include:
A configurable SMA-based mean baseline to anchor volatility measurements clearly.
Adjustable upper and lower band multipliers to independently calibrate sensitivity and responsiveness for bullish or bearish breakouts.
Dynamic bands derived from price-relative volatility (COV), enabling adaptive identification of significant price deviations.
User-controlled standard deviation length to manage sensitivity and smoothness of volatility signals.
Direct candle coloring, providing immediate visual feedback using vibrant electric blue for bullish momentum and bright red for bearish momentum.
This indicator is particularly useful for detecting meaningful price movements, breakout signals, and potential reversals when the market moves significantly beyond its typical volatility boundaries.
Note: This indicator has not undergone formal robustness or optimization testing. Therefore, future performance in live trading environments isn't guaranteed.
Trend Impulse Channels (Zeiierman)█ Overview
Trend Impulse Channels (Zeiierman) is a precision-engineered trend-following system that visualizes discrete trend progression using volatility-scaled step logic. It replaces traditional slope-based tracking with clearly defined “trend steps,” capturing directional momentum only when price action decisively confirms a shift through an ATR-based trigger.
This tool is ideal for traders who prefer structured, stair-step progression over fluid curves, and value the clarity of momentum-based bands that reveal breakout conviction, pullback retests, and consolidation zones. The channel width adapts automatically to market volatility, while the step logic filters out noise and false flips.
⚪ The Structural Assumption
This indicator is built on a core market structure observation:
After each strong trend impulse, the market typically enters a “cooling-off” phase as profit-taking occurs and counter-trend participants enter. This often results in a shallow pullback or stall, creating a slight negative slope in an uptrend (or a positive slope in a downtrend).
These “cooling-off” phases don’t reverse the trend — they signal temporary pressure before the next leg continues. By tracking trend steps discretely and filtering for this behavior, Trend Impulse Channels helps traders align with the rhythm of impulse → pause → impulse.
█ How It Works
⚪ Step-Based Trend Engine
At the heart of this tool is a dynamic step engine that progresses only when price crosses a predefined ATR-scaled trigger level:
Trigger Threshold (× ATR) – Defines how far price must break beyond the current trend state to register a new trend step.
Step Size (Volatility-Guided) – Each trend continuation moves the trend line in discrete units, scaling with ATR and trend persistence.
Trend Direction State – Maintains a +1/-1 internal bias to support directional filters and step tracking.
⚪ Volatility-Adaptive Channel
Each step is wrapped inside a dynamic envelope scaled to current volatility:
Upper and Lower Bands – Derived from ATR and band multipliers to expand/contract as volatility changes.
⚪ Retest Signal System
Optional signal markers show when price re-tests the upper or lower band:
Upper Retest → Pullback into resistance during a bearish trend.
Lower Retest → Pullback into support during a bullish trend.
⚪ Trend Step Signals
Circular markers can be shown to mark each time the trend steps forward, making it easy to identify structurally significant moments of continuation within a larger trend.
█ How to Use
⚪ Trend Alignment
Use the Trend Line and Step Markers to visually confirm the direction of momentum. If multiple trend steps occur in sequence without reversal, this typically signals strong conviction and trend persistence.
⚪ Retest-Based Entries
Wait for pullbacks into the channel and monitor for triangle retest signals. When used in confluence with trend direction, these offer high-quality continuation setups.
⚪ Breakouts
Look for breakouts beyond the upper or lower band after a longer period of pause. For higher likelihood of success, look for breakouts in the direction of the trend.
█ Settings
Trigger Threshold (× ATR) - Defines how far price must move to register a new trend step. Controls sensitivity to trend flips.
Max Step Size (× ATR) - Caps how far each trend step can extend. Prevents runaway step expansion in high volatility.
Band Multiplier (× ATR) - Expands the upper and lower channels. Controls how much breathing room the bands allow.
Trend Hold (bars) - Minimum number of bars the trend must remain active before allowing a flip. Helps reduce noise.
Filter by Trend - Restrict retest signals to those aligned with the current trend direction.
-----------------
Disclaimer
The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Trendline Breakouts With Volume Strength [TradeDots]Trendline Breakouts With Volume Strength is an innovative indicator designed to identify potential market turning points using pivot-based trendline detection and volume confirmation. By merging dynamic trendline analysis with multi-tiered volume filters, this tool helps traders quickly spot breakouts or breakdowns that may signal significant shifts in price action.
📝 HOW IT WORKS
1. Pivot-Based Trendline Detection
The script automatically scans for recent pivot highs and lows over a user-defined lookback period.
When it finds higher pivot lows, it plots green uptrend lines; when it finds lower pivot highs, it plots red downtrend lines.
These dynamic lines update as new pivots form, providing continuously refreshed trend guidance.
2. Volume Ratio Analysis
A moving average of volume is compared against the current bar’s volume to calculate a ratio (e.g., 1.5×, 2×).
Higher ratios suggest above-average volume, often interpreted as stronger participation.
The script applies color-coded cues to highlight the intensity of volume surges.
3. Breakout & Breakdown Detection
Each trendline is monitored for a defined “break threshold,” which helps avoid minor penetrations that can trigger premature signals.
When price closes beyond a threshold below an uptrend line, the indicator labels it a “BREAKDOWN.” If it closes above a threshold on a downtrend line, it labels it a “BREAKOUT.”
Volume surges accompanying these breaks are highlighted with contextual emojis and distinct color gradients for quick visual reference.
4. Trend Direction Table
A small on-chart table provides a snapshot of the current market trend—Uptrend, Downtrend, or Sideways—based on a simple moving average slope and the number of active uptrend or downtrend lines.
This table also displays quick stats on how many lines are actively tracked, helping traders assess the broader market posture at a glance.
🛠️ HOW TO USE
1. Choose a Timeframe
This script works on multiple timeframes. Intraday traders can monitor minute or hourly charts for frequent pivot updates, while swing and position traders may prefer daily or weekly intervals to reduce noise.
2. Observe Trendlines & Labels
Watch for newly drawn green/red lines connecting pivots.
When you see a “BREAKOUT” or “BREAKDOWN” label, confirm whether volume was abnormally high based on the ratio or color-coded bars.
3. Consult the Trend Table
Use the table in the bottom-right corner to quickly check if the market is trending or range-bound.
Look at the count of active uptrend vs. downtrend lines to gauge broader sentiment.
4. Employ Additional Analysis
Combine these signals with other tools (e.g., candlestick patterns, oscillators, or fundamental analysis).
Validate potential breakouts using standard techniques like retests or support/resistance checks.
❗️LIMITATIONS
Delayed Pivots: Trendlines only adjust once new pivot highs or lows form, which can introduce a slight lag in highly volatile environments.
Choppy Markets: Rapid, back-and-forth price moves may produce conflicting trendline signals and frequent breakouts/breakdowns.
Volume Data Reliability: Gaps in volume data or unusual market conditions (holidays, low-liquidity sessions) can skew ratio readings.
RISK DISCLAIMER
Trading any financial instrument involves substantial risk, and this indicator does not guarantee profits or prevent losses. All signals and visual cues are for educational and informational purposes only; past performance does not assure future outcomes. You retain full responsibility for your trading decisions, including proper risk management, position sizing, and the use of additional confirmation methods. Always consider the possibility of losing some or all of your original investment.
ALEX - ATR Extensions + ADR + TableALEX - ATR Extensions + ADR + Table
Overview
The ALEX ATR Extensions indicator is a comprehensive volatility and momentum analysis tool that combines Average True Range (ATR), Average Daily Range (ADR), and moving average distance calculations in a single, customizable display. This indicator helps traders assess current price action relative to historical volatility and key moving averages, providing crucial context for risk management and trade planning.
Key Features
Multi-Metric Analysis
- ATR Percentage: Current ATR as a percentage of price for volatility assessment
- ADR Percentage: Average Daily Range as a percentage for typical daily movement
- Low of Day Distance: Distance from current price to daily low
- Moving Average Distance: ATR-normalized distance from 21 and 50 period moving averages
Flexible Moving Average Options
- Configurable MA Types: Choose between EMA or SMA for both 21 and 50 period averages
- Customizable Periods: Adjust moving average lengths to suit your trading style
- Daily Timeframe Data: Uses daily moving averages regardless of chart timeframe
ATR Extension Levels
- Dynamic Price Targets: Calculate extension levels based on ATR multiples from moving averages
- Visual Reference Lines: Optional overlay lines showing ATR extension targets
- Customizable Multipliers: Adjust ATR multipliers for different risk/reward scenarios
Smart Visual Alerts
- Color-Coded Distance Metrics: Automatic color changes based on distance thresholds
- Symbol Plotting: Customizable chart symbols when distance thresholds are exceeded
- Threshold-Based Alerts: Visual cues when price reaches significant ATR distances
Comprehensive Data Table
- Real-Time Metrics: Live updating table with all key measurements
- Customizable Display: Toggle individual metrics on/off based on preference
- Professional Styling: Adjustable colors, fonts, and transparency
How to Use
Volatility Assessment
- High ATR%: Indicates elevated volatility, larger position sizing considerations
- Low ATR%: Suggests compressed volatility, potential for expansion
- ADR% Comparison: Compare current day's range to historical average
Moving Average Analysis
- ATR Distance 21/50: Normalized distance showing how extended price is from key levels
- Positive Values: Price above moving average (bullish positioning)
- Negative Values: Price below moving average (bearish positioning)
- Color Changes: Automatic alerts when reaching threshold levels
Extension Target Planning
- ATR Extension Lines: Visual price targets based on volatility-adjusted projections
- Risk/Reward Planning: Use extension levels for profit target placement
- Breakout Confirmation: Extension levels can confirm breakout validity
Symbol Alert System
- Chart Symbols: Automatic plotting when distance thresholds are breached
- Customizable Triggers: Set your own threshold levels for alerts
- Visual Scanning: Quick identification of extended conditions across multiple charts
Settings
Display Controls
- Show ADR%: Toggle average daily range percentage display
- Show ATR%: Toggle average true range percentage display
- Show LoD Distance: Toggle low of day distance calculation
- Show LoD Price: Toggle actual low of day price display
- Show ATR Distance from 21/50 DMA: Toggle moving average distance metrics
- Show 21/50 DMA Price: Toggle actual moving average price display
- Show ATR Extension Levels: Toggle extension target display in table
Moving Average Configuration
- 21/50 DMA Type: Choose between EMA or SMA calculation methods
- 21/50 DMA Period: Customize moving average lengths
- ADR/ATR Length: Adjust calculation periods for range measurements
Color Thresholds
- Threshold Levels: Set distance levels for color changes (default 2.0 and 5.0)
- Custom Colors: Choose colors for different threshold breaches
- Separate 21/50 Settings: Independent color schemes for each moving average
Symbol Settings
- Show Char Symbol: Toggle symbol plotting for each moving average
- Custom Symbols: Choose any character for chart plotting
- Symbol Colors: Customize colors for visual distinction
- Threshold Levels: Set trigger points for symbol appearance
ATR Extension Lines
- Show Extension Lines: Toggle visual extension level lines
- ATR Multipliers: Customize extension distance (default 2.0x)
- Line Colors: Choose colors for extension level visualization
Table Customization
- Background Color: Adjust table transparency and color
- Text Color: Customize default text appearance
- Font Size: Choose from tiny to huge font options
Advanced Applications
Trend Strength Analysis
- Large ATR distances suggest strong trending moves
- Small ATR distances indicate potential consolidation or reversal zones
- Compare current readings to recent historical ranges
Risk Management
- Use ATR% for position sizing calculations
- Extension levels provide natural profit target zones
- Distance metrics help identify overextended conditions
Multi-Timeframe Context
- Apply to different timeframes for comprehensive analysis
- Daily data provides consistency across all chart intervals
- Combine with weekly/monthly analysis for broader context
Market Regime Identification
- High volatility periods: Increased ATR% readings
- Low volatility periods: Compressed ATR% readings
- Trending markets: Sustained high distance readings
- Consolidating markets: Low distance readings with frequent color changes
Best Practices
Volatility-Adjusted Trading
- Increase position sizes during low volatility periods
- Reduce position sizes during high volatility periods
- Use ATR% for stop-loss placement relative to normal market movement
Extension Level Usage
- Primary targets: 1.5-2.0x ATR extensions
- Secondary targets: 2.5-3.0x ATR extensions
- Avoid chasing prices beyond 3x ATR extensions
Threshold Optimization
- Backtest different threshold levels for your trading style
- Consider market conditions when setting alert levels
- Adjust thresholds based on instrument volatility characteristics
Integration Strategies
- Combine with momentum indicators for confirmation
- Use alongside support/resistance levels
- Incorporate into systematic trading approaches
Technical Specifications
- Compatible with Pine Script v6
- Uses daily timeframe data for consistency
- Optimized for real-time performance
- Works on all chart types and timeframes
- Supports all tradeable instruments
Ideal For
- Swing traders using daily charts
- Position traders seeking volatility context
- Day traders needing intraday reference levels
- Risk managers requiring volatility metrics
- Systematic traders building rule-based strategies
Disclaimer
This indicator is for educational and informational purposes only. It should not be used as the sole basis for trading decisions. Always combine with other forms of analysis, proper risk management techniques, and consider your individual trading plan and risk tolerance. Past performance does not guarantee future results.
Compatible with Pine Script v6 | Optimized for daily timeframe analysis | Works across all markets and instruments
BACAP PRICE STRUCTURE 21 EMA TREND21dma-STRUCTURE
Overview
The 21dma-STRUCTURE indicator is a sophisticated overlay indicator that visualizes price action relative to a triple 21-period exponential moving average structure. Originally developed by BalarezoCapital and enhanced by PrimeTrading, this indicator provides clear visual cues for trend direction and momentum through dynamic bar coloring and EMA structure analysis.
Key Features
Triple EMA Structure
- 21 EMA High: Tracks the exponential moving average of high prices
- 21 EMA Close: Tracks the exponential moving average of closing prices
- 21 EMA Low: Tracks the exponential moving average of low prices
- Dynamic Cloud: Gray fill between high and low EMAs for visual structure reference
Smart Bar Coloring System
- Blue Bars: Price closes above all three EMAs (strong bullish momentum)
- Pink Bars: Daily high falls below the lowest EMA (strong bearish signal)
- Gray Bars: Neutral conditions or transitional phases
- Color Memory: Maintains previous color until new condition is met
Dynamic Center Line
- Trend-Following Color: Green when all EMAs are rising, red when all are falling
- Color Persistence: Maintains trend color during sideways movement
- Visual Clarity: Thicker center line for easy trend identification
Customizable Visual Elements
- Adjustable line thickness for all EMA plots
- Customizable colors for bullish and bearish conditions
- Configurable trend colors for uptrend and downtrend phases
- Optional bar color changes with toggle control
How to Use
Trend Identification
- Rising Green Center Line: All EMAs trending upward (bullish structure)
- Falling Red Center Line: All EMAs trending downward (bearish structure)
- Flat Center Line: Maintains last trend color during consolidation
Momentum Analysis
- Blue Bars: Strong bullish momentum with price above entire EMA structure
- Pink Bars: Strong bearish momentum with high below lowest EMA
- Gray Bars: Neutral or transitional momentum phases
Entry and Exit Signals
- Bullish Setup: Look for blue bars during green center line periods
- Bearish Setup: Look for pink bars during red center line periods
- Exit Consideration: Watch for color changes as potential momentum shifts
Structure Trading
- Support/Resistance: Use EMA cloud as dynamic support and resistance zones
- Breakout Confirmation: Bar color changes can confirm structure breakouts
- Trend Continuation: Color persistence suggests ongoing momentum
Settings
Visual Customization
- Change Bar Color: Toggle to enable/disable bar coloring
- Line Size: Adjust thickness of EMA lines (default: 3)
- Bullish Candle Color: Customize blue bar color
- Bearish Candle Color: Customize pink bar color
Trend Colors
- Uptrend Color: Color for rising EMA center line (default: green)
- Downtrend Color: Color for falling EMA center line (default: red)
- Cloud Color: Fill color between high and low EMAs (default: gray)
Advanced Features
Modified Bar Logic
Unlike traditional EMA systems, this indicator uses refined conditions:
- Bullish signals require close above ALL three EMAs
- Bearish signals require high below the LOWEST EMA
- Enhanced precision reduces false signals compared to single EMA systems
Trend Memory System
- Intelligent color persistence during sideways movement
- Reduces noise from minor EMA fluctuations
- Maintains trend context during consolidation periods
Performance Optimization
- Efficient calculation methods for real-time performance
- Clean visual design that doesn't clutter charts
- Compatible with all timeframes and instruments
Best Practices
Multi-Timeframe Analysis
- Use higher timeframes to identify overall trend direction
- Apply on multiple timeframes for confluence
- Combine with weekly/monthly charts for position trading
Risk Management
- Use bar color changes as early warning signals
- Consider position sizing based on EMA structure strength
- Set stops relative to EMA support/resistance levels
Combination Strategies
- Pair with volume indicators for confirmation
- Use alongside RSI or MACD for momentum confirmation
- Combine with key support/resistance levels
Market Context
- More effective in trending markets than choppy conditions
- Consider overall market environment and sector strength
- Adjust expectations during high volatility periods
Technical Specifications
- Based on 21-period exponential moving averages
- Uses Pine Script v6 for optimal performance
- Overlay indicator that works with any chart type
- Maximum 500 lines for clean performance
Ideal Applications
- Swing trading on daily charts
- Position trading on weekly charts
- Intraday momentum trading (adjust timeframe accordingly)
- Trend following strategies
- Structure-based trading approaches
Disclaimer
This indicator is for educational and informational purposes only. It should not be used as the sole basis for trading decisions. Always combine with other forms of analysis, proper risk management, and consider your individual trading plan and risk tolerance.
Compatible with Pine Script v6 | Works on all timeframes | Optimized for trending markets
TableRSI and Ichimoku Strength Table
This indicator displays whole-number RSI values (1h, 4h, 1d, 3d, 1w) and Ichimoku strengths (Conversion Line, Base Line, Cloud, Lagging Span) in a customizable table. Toggle between horizontal (9x2) or vertical (2x10) layouts, with adjustable position (e.g., Top Right), text size (Tiny to Large), and colors (border, header, text, RSI: >70 red, <30 green, 30-70 yellow; Ichimoku: >50 green, <50 red). Ichimoku components are plotted on the chart. It offers a clear view of momentum and trend strength for traders.
ATR RopeATR Rope is inspired by DonovanWall's "Range Filter". It implements a similar concept of filtering out smaller market movements and adjusting only for larger moves. In addition, this indicator goes one step deeper by producing actionable zones to determine market state. (Trend vs. Consolidation)
> Background
When reading up on the Range Filter indicator, it reminded me exactly of a Rope stabilization drawing tool in a program I use frequently. Rope stabilization essentially attaches a fixed length "rope" to your cursor and an anchor point (Brush). As you move your cursor, you are pulling the brush behind it. The cursor (of course) will not pull the brush until the rope is fully extended, this behavior filters out jittery movements and is used to produce smoother drawing curves.
If compared visually side-by-side, you will notice that this indicator bears striking resemblance to its inspiration.
> Goal
Other than simply distinguishing price movements between meaningful and noise, this indicator strives to create a rigid structure to frame market movements and lack-there-of, such as when to anticipate trend, and when to suspect consolidation.
Since the indicator works based on an ATR range, the resulting ATR Channel does well to get reactions from price at its extremes. Naturally, when consolidating, price will remain within the channel, neither pushing the channel significantly up or down. Likewise, when trending, price will continue to push the channel in a single direction.
With the goal of keeping it quick and simple, this indicator does not do any smoothing of data feeds, and is simply based on the deviation of price from the central rope. Adjusting the rope when price extends past the threshold created by +/- ATR from the rope.
> Features & Behaviors
- ATR Rope
ATR Rope is displayed as a 3 color single line.
This can be considered the center line, or the directional line, whichever you'd prefer.
The main point of the Rope display is to indicate direction, however it also is factually the center of the current working range.
- ATR Rope Color
When the rope's value moves up, it changes to green (uptrend), when down, red (downtrend).
When the source crosses the rope, it turns blue (flat).
With these simple rules, we've formed a structure to view market movements.
- Consolidation Zones
Consolidation Zones generate from "Flat" areas, and extend into subsequent trend areas. Consolidation is simply areas where price has crossed the Rope and remains inside the range. Over these periods, the upper and lower values are accumulated and averaged together to form the "Consolidation Zone" values. These zones are draw live, so values are averaged as the flat areas progress and don't repaint, so all values seen historically are as they would appear live.
- ATR Channel
ATR Channel displays the upper and lower bounds of the working range.
When the source moves beyond this range, the rope is adjusted based on the distance from the source to the channel. This range can be extremely useful to view, but by default it is hidden.
> Application
This indicator is not created to provide signals, or serve as a "complete" system.
(People who didn't read this far will still comment for signals. :) )
This is created to be used alongside manual interpretation and intuition. This indicator is not meant to constrain any users into a box, and I would actually encourage an open mind and idea generation, as the application of this indicator can take various forms.
> Examples
As you would probably already know, price movement can be fast impulses, and movement can be slow bleeds. In the screenshot below, we are using movements from and to consolidation zones to classify weak trend and strong trend. As you can see, there are also areas of consolidation which get broken out of and confirmed for the larger moves.
Author's Note: In each of these examples, I have outlined the start and end of each session. These examples come from 1 Min Future charts, and have specifically been framed with day trading in mind.
"Breakout Retest" or "Support/Resistance Flips" or "Structure Retests" are all generally the same thing, with different traders referring to them by different names, all of which can be seen throughout these examples.
In the next example, we have a day which started with an early reversal leading into long, slow, trend. Notice how each area throughout the trend essentially moves slightly higher, then consolidates while holding support of the previous zone. This day had a few sharp movements, however there was a large amount of neutrality throughout this day with continuous higher lows.
In contrast to the previous example, next up, we have a very choppy day. Throughout which we see a significant amount of retests before fast directional movements. We also see a few examples of places where previous zones remained relevant into the future. While the zones only display into the resulting trend area, they do not become immediately meaningless once they stop drawing.
> Abstract
In the screenshot below, I have stacked 2 of these indicators, using the high as the source for one and the low as the source for the other. I've hidden lines of the high and low channels to create a 4 lined channel based on the wicks of price.
This is not necessary to use the indicator, but should help provide an idea of creative ways the simple indicator could be used to produce more complicated analysis.
If you've made it this far, I would hope it's clear to you how this indicator could provide value to your trading.
Thank you to DonovonWall for the inspiration.
Enjoy!
Trapper Market Structure (HH, HL, LH, LL)This script is designed to visually identify price action market structure in real time using pivot-based logic. It highlights the key components of trend direction by labeling:
- **HH** – Higher Highs
- **HL** – Higher Lows
- **LH** – Lower Highs
- **LL** – Lower Lows
These labels help traders track evolving market conditions and spot trend continuations, breaks in structure, or potential reversals — all without guessing.
**How It Works**
The script detects local swing highs and lows based on a customizable pivot strength. Once a valid pivot is confirmed, it’s classified in context with the previous relevant pivot to determine its structural significance.
For example:
- If a pivot high is higher than the previous, it’s marked as a **HH**.
- If a pivot low is lower than the previous, it’s marked as a **LL**, and so on.
This running analysis helps traders anticipate shifts between bullish and bearish structures.
**Customizable Features**
- Adjust **Pivot Strength** to increase or reduce sensitivity (more reactive or more stable)
- Toggle **Labels** on/off for cleaner charts
- Toggle **Connecting Lines** between pivots to visualize structure flow
**Use Case**
This indicator is ideal for:
- Price action traders
- Market structure analysis
- Identifying entry zones during pullbacks (e.g., buying at HLs during uptrends)
- Confirming trend reversals or break-of-structure (BoS)
You can use this tool as a foundation for more advanced systems such as CHoCH/BOS detection, liquidity zones, or sniper-style entry frameworks.
**Concepts Used**
- Swing High/Low detection using `ta.pivothigh` and `ta.pivotlow`
- Market structure labeling logic
- Visual flow to reinforce trader psychology on trend states
Disclaimer
This script is provided for educational purposes only. It is not financial advice and should not be relied upon for trading decisions. Always conduct your own analysis and risk management.
#marketstructure #priceaction #technicalanalysis #tradingviewopen #pivotpoints
Trend-Filter [John Ehlers]Indicator Description — Trend-Filter
This indicator uses the SuperSmoother filter, created by John Ehlers, to smooth price data and identify trends with greater accuracy and less noise. It counts the number of consecutive bars in uptrend or downtrend to measure the strength of the movement and changes the line and background colors for easy visualization.
How to use this indicator:
SuperSmoother filter: smooths the price to reveal a clearer trend direction by filtering out fast oscillations and market noise.
Bar counting: monitors sequences of bars maintaining an up or down trend to identify consistent moves.
Dynamic colors:
Green line indicates a strong uptrend.
Red line indicates a strong downtrend.
Yellow line shows a neutral or undefined trend.
Optional colored background visually reinforces trend strength with transparency so it does not interfere with price reading.
Visual signals: arrows appear on the chart to mark the start of a strong trend, helping entry or exit decisions.
Adjustable parameters:
SuperSmoother Length: controls the filter smoothing (higher = smoother, less noise).
Trend Threshold: minimum number of consecutive bars to consider a strong trend.
Smooth colors: enable or disable line color smoothing.
Show signals: toggle trend start arrows on/off.
Show dynamic background: toggle the colored background indicating trend strength.
Recommendations:
Use alongside other technical analysis tools and risk management.
Can be applied on any timeframe, but interpretation is more reliable on charts with reasonable data volume.
Ideal for traders seeking to identify consistent trends and avoid market noise.
Donchian x WMA Crossover (2025 Only, Adjustable TP, Real OHLC)Short Description:
Long-only breakout system that goes long when the Donchian Low crosses up through a Weighted Moving Average, and closes when it crosses back down (with an optional take-profit), restricted to calendar year 2025. All signals use the instrument’s true OHLC data (even on Heikin-Ashi charts), start with 1 000 AUD of capital, and deploy 100 % equity per trade.
Ideal parameters configured for Temple & Webster on ASX 30 minute candles. Adjust parameter to suit however best to download candle interval data and have GPT test the pine script for optimum parameters for your trading symbol.
Detailed Description
1. Strategy Concept
This strategy captures trend-driven breakouts off the bottom of a Donchian channel. By combining the Donchian Low with a WMA filter, it aims to:
Enter when volatility compresses and price breaks above the recent Donchian Low while the longer‐term WMA confirms upward momentum.
Exit when price falls back below that same WMA (i.e. when the Donchian Low crosses back down through WMA), but only if the WMA itself has stopped rising.
Optional Take-Profit: you can specify a profit target in decimal form (e.g. 0.01 = 1 %).
2. Timeframe & Universe
In-sample period: only bars stamped between Jan 1 2025 00:00 UTC and Dec 31 2025 23:59 UTC are considered.
Any resolution (e.g. 30 m, 1 h, D, etc.) is supported—just set your preferred timeframe in the TradingView UI.
3. True-Price Execution
All indicator calculations (Donchian Low, WMA, crossover checks, take-profit) are sourced from the chart’s underlying OHLC via request.security(). This guarantees that:
You can view Heikin-Ashi or other styled candles, but your strategy will execute on the real OHLC bars.
Chart styling never suppresses or distorts your backtest results.
4. Position Sizing & Equity
Initial capital: 1 000 AUD
Size per trade: 100 % of available equity
No pyramiding: one open position at a time
5. Inputs (all exposed in the “Inputs” tab):
Input Default Description
Donchian Length 7 Number of bars to calculate the Donchian channel low
WMA Length 62 Period of the Weighted Moving Average filter
Take Profit (decimal) 0.01 Exit when price ≥ entry × (1 + take_profit_perc)
6. How It Works
Donchian Low: ta.lowest(low, DonchianLength) over the specified look-back.
WMA: ta.wma(close, WMALength) applied to true closes.
Entry: ta.crossover(DonchianLow, WMA) AND barTime ∈ 2025.
Exit:
Cross-down exit: ta.crossunder(DonchianLow, WMA) and WMA is not rising (i.e. momentum has stalled).
Take-profit exit: price ≥ entry × (1 + take_profit_perc).
Calendar exit: barTime falls outside 2025.
7. Usage Notes
After adding to your chart, open the Strategy Tester tab to review performance metrics, list of trades, equity curve, etc.
You can toggle your chart to Heikin-Ashi for visual clarity without affecting execution, thanks to the real-OHLC calls.
TradeJorno - Time + Price Levels
Tired of manually drawing and updating important ICT or SMC time and price levels on your charts every day?
Here’s an indicator to draw important TIME and PRICE levels automatically.
Here’s what you can highlight in realtime on your charts:
1. Previous major highs and lows
⁃ Previous daily and weekly highs and low
- Weekly dividing lines
2. Session highs/lows
⁃ Plot the high and low of Asia and London sessions.
⁃ Customise the timeframe and appearance on the chart.
- Previous session settlement price.
3. Various price levels
⁃ Pre-market opening prices : midnight, 7:30 and 8:30
⁃ Regular market opening prices: 9:30, 10:00, 14:00
- end of session settlement prices
4. Market opening range high and low
⁃ Lines extending throughout the current session
⁃ Customise the timeframe and appearance on the chart.
5. ICT Macro times
- Draw customisable vertical lines and labels to indicate the start of each ICT macro
period.
Let us know in the comments below if there’s anything else we need to add!
Market Pulse ProMarket Pulse Pro (Pulse‑X) — User Guide
Market Pulse Pro, also known as Pulse‑X, is an advanced momentum indicator that combines SMI, Stochastic RSI, and a smoothed signal line to identify zones of buying and selling strength in the market. It is designed to assess the balance of power between bulls and bears with clear visualizations.
How It Works
The indicator calculates three main components:
SMI (Stochastic Momentum Index) – measures price position relative to its recent range.
Stochastic RSI – captures overbought/oversold extremes of the RSI.
Smoothed Signal Line – based on closing price, smoothed using various methods (such as HMA, EMA, etc.).
Each component is normalized to create two final values:
Bull Herd (Buying Strength) – green line.
Bear Winter (Selling Strength) – red line.
Interpretation
Bull Herd (high green values): Bulls dominate the market. May indicate the start or continuation of an uptrend.
Bear Winter (high red values): Bears dominate. May indicate reversal or continuation of a downtrend.
Convergence around 50%: Market is balanced. Signals are weaker or indecisive.
Tip: Combine with price action analysis or support/resistance levels to confirm entries.
Customizable Settings
You can adjust:
SMI Period, Smooth K, and D – control the sensitivity of the SMI.
RSI Period – sets the RSI calculation window.
Signal Period – period for the price-based signal line.
Smoothing Methods – choose between HMA, EMA, WMA, JMA, SMMA, etc.
Line Width – thickness of the plotted lines.
Note: The JMA (Jurik Moving Average) used in this script is not the original proprietary version.
It is a custom public version, based on open-source code shared by the TradingView community.
The original JMA is copyrighted and owned by Jurik Research.
How to Use It in Practice
Buy Entries
When the green Bull Herd line crosses above 60 and the red Bear Winter line falls below 40.
Entry is more reliable if the green line is rising steadily.
Sell Entries
When the red Bear Winter line crosses above 60 and the green Bull Herd line falls.
Signals are stronger when there is a clear crossover and divergence between the two lines.
Avoid trading near the neutral zone (~50%), where the market shows indecision.
Additional Tips
Combine with volume analysis or reversal candlestick patterns for higher accuracy.
Test different smoothing methods: HMA is more responsive, SMMA is smoother and slower.
